News
Only 9.1% of Asia's economic losses insured in 2024
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
Energy storage funding up 5% in 2024
This was despite a decline in the number of deals.
APAC consumers embrace cost-conscious spending
They are focusing on products that offer better functionality, quality, convenience, and health benefits.
Retail growth in APAC to continue amidst regional differences
In China, a net negative trend is expected to intensify.
Financial firms plan cautious 2025 pay raises
Region-wide, planned budget increases averaged 5.2%.
Global healthcare education market to hit $280.6b by 2032
One key driver is the integration of virtual learning platforms.
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
Solar to account for half of 2025 clean energy investments
It is expected to surpass gas and possibly coal capacity.
Global breast cancer brachytherapy market to be valued at $1.88b by 2035
It is expected to witness a 6.94% CAGR growth during the period.
Gen Alpha set to dominate consumer market by 2040
Although they don't earn money yet, they are already influencing household spending.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Global chronic disease management market to reach $1.1t by 2029
The economic burden of the condition is projected to cost the global economy $47t by 2030.
Retail, consumer brands to boost AI investments by 52% in 2025
Companies plan to allocate an average of 3.32% of their revenue to AI this year.
Emerging Asia leads as top investment destination of Western FIs
Four of the priority markets are in ASEAN: Malaysia, Singapore, the Philippines, and Indonesia.
What factors drive the global cell and gene therapy tools market?
One drive is the rising prevalence of chronic diseases like cancer and diabetes.
South Korean insurers bag $80b in premiums for H1 2024
Net income of all insurers for H1 2024 amounted to $6.49b.
10 capabilities driving delivery predictability according to McKinsey
Agile funding, product management, and iterative controls are top capabilities driving effectiveness.
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1. Deliveroo exit triggers food delivery duopoly in Singapore 2. Malaysia utilities sector backed by solar surge, nuclear plans in energy overhaul 3. Indonesia consumers shift toward global brands as domestic preference falls 4. Taiwan wind push lifts demand for offshore vessels 5. Probability disclosures unlikely to dent blind-box demand in SingaporeResource Center
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Awards
Sep
17
Event News
Asian Innovation Excellence Awards 2025 Winner: Thomas Janssens of Manulife Japan
Thomas Janssens, Head of AI at Manulife Japan, explains how Manulife Japan reframed longevity as an opportunity for fulfilment.
Commentary
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Resilience amidst oil volatility: Implications for Southeast Asia’s energy security
How innovative eco packaging enhances brand value in Asia
The survival playbook for the CEO amidst geopolitical conflicts