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Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth
They aim to boost investor confidence with proven leaders in finance and key sectors.
Prabowo's cabinet picks: Five economic powerhouses set to drive Indonesia's growth
They aim to boost investor confidence with proven leaders in finance and key sectors.
Thailand’s wage hike plan raises concerns for SMEs' future
The plan is to increase the minimum wage to 400 THB.
China raises debt ceilings with measures to address hidden debt
China's MOF has said that it would "raise debt ceilings" to help swap out hidden debt.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Taiwan insurers to raise fresh equity amidst new capital requirement
The new standard also raised compliance risks for insurers.
APAC must triple energy transition investments to meet 2050 net zero goal
The region needs US$2.3t by 2030.
APAC’s real estate cross-border investment reaches $47.6b
Data centres dominated the market, capturing 46% of investments.
APAC reinsurance market sees stable pricing in 2024
Although, extreme weather and NatCats could disrupt current pricing stability.
Asia’s business insolvencies to rise by 3% in 2024
If excluding China, it could rise by 8%.
New EU directive demands stricter accountability in supply chains
Asia risks market access if they do not comply.
Capacity and rate challenges continue to affect Asia air freight
In China, air freight cargo volumes have softened.
Only 28% of APAC insurers prepared for AI shift
Half of insurers attribute poor customer experience to limited technology adoption.
APAC insurers trim equity risks, increase capital efficiency: Moody's
APAC P&C insurers face different risks compared to their US counterparts.
APAC’s EV infrastructure market to grow at 13.5% by 2029
Challenges include distribution and overabundance of chargers.
Global specialty insurance market to grow by $57b in 2028
Lack of robust IT security infrastructure heightens risks.
India launches pension system for all ages, infancy to 70
NPS Vatsalya allows accounts to be opened for children.
SGX securities trading turnover hits $30.4b, up 75% YoY
The bourse attributed its gains to the easing of monetary policies.
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1. India's life insurance growth slows to 10.6% in October 2. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Japan’s life insurance slated for 4.7% CAGR through 2029Resource Center
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Feb
20
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Event News
Mastercard’s Beena Pothen named Executive of the Year - Financial Technology at Malaysia Management Excellence Awards 2024
![Mastercard’s Beena Pothen named Executive of the Year - Financial Technology at Malaysia Management Excellence Awards 2024]()
Co-Written / Partner
The company is powering the digital economy in Malaysia under the direction of Beena Pothen.
The company is powering the digital economy in Malaysia under the direction of Beena Pothen.
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1. India's life insurance growth slows to 10.6% in October 2. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 3. South Korean insurers brace for profit squeeze amidst rate cuts 4. Asia leads in embedded insurance, set to reach $170b by 2030 5. Japan’s life insurance slated for 4.7% CAGR through 2029Awards
Feb
20
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'