News
South Korean banks’ loan delinquency rate rise in Feb
South Korean banks’ loan delinquency rate rise in Feb
																					
							Corporate, SME, and household loans all saw their delinquency rates rise.
						
					
					
				Overseas expansion impacts Korean banks’ profits
																					
							Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
						
					
					
				Philippines expects over 4,000 MW of power projects to begin operations this year
																					
							These projects include both conventional and renewable energy.
						
					
					
				Half of Asian consumers prioritise inner beauty in F&B choices
																					
							43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
						
					
					
				Payment cards drive over 50% of Australia's e-commerce transactions
																					
							The country’s e-commerce market is anticipated to hit $72.9b by 2028.
						
					
					
				Which pet breeds are the most expensive to insure?
																					
							Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
						
					
					
				Four key policies to change Vietnam’s health insurance law
																					
							93 million Vietnamese individuals have health insurance.
						
					
					
				The global insurance market projects a 4.5% CAGR increase by 2027
																					
							Demand for car and travel insurance is increasing, amidst mandatory coverage.
						
					
					
				APAC finance professionals more confident on economy but talent risks rise
																					
							US economy resilience and improvements in China and Japan propped up their confidence.
						
					
					
				China's coal-fired power sector expected to see profit recovery
																					
							The average spot price in Q1 was lower than the annual average of 2023.
						
					
					
				Global offshore wind capacity rose by 9.8 GW in 2023
																					
							The total offshore wind capacity reaches 67.4 GW.
						
					
					
				How cost-per-wear redefines fashion value
																					
							This metric evaluates an item's value based on its frequency of use, lifespan, and resale potential.
						
					
					
				Korean insurers immune from overseas CRE decay: Fitch Ratings
																					
							Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.
						
					
					
				Malaysian banks’ asset quality strong but profits flat in 2024
																					
							A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
						
					
					
				Hong Kong investment bankers risk losing jobs as banks cut costs: report
																					
							About 200 bankers in the city have reportedly lost their jobs in the past year.
						
					
					
				Alternative payments dominate Hong Kong's e-commerce in 2023
																					
							Over 85% of consumers in Hong Kong shopped online in the past six months.
						
					
					
				Malaysia launches platform for RE cross-border sale to Singapore
																					
							It also opened the auction for the inaugural 100 MW capacity.