News

China’s pension system reels 60 million new individuals

Presently, 762 products are offered in the new pension system.

Global reinsurance market set for robust profit margins

AM Best expects reinsurers to maintain underwriting discipline in the near term.

Healthcare logistics market to reach $121.4b by 2028

Thanks to the growing demand for efficient supply chain management.

Footwear industry leads in consumer goods supply chain resilience: S&P Global

It was driven by effective inventory management strategies and a surge in demand.

Japanese life insurers to maintain strong credit in FY2025

Fitch Ratings expects insurers' capital adequacy to stay adequate.

Taiwan banks show stable asset quality

Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.

China's rapid battery electric vehicles growth defies global slowdown

It surges ahead with 25% BEV penetration, fueled by affordability and government backing.

Dental consumables market to grow 8.5% CAGR to $54.6b by 2029

By product, the dental restoration segment is projected to hold the largest market share.

AI development to boost energy demand at data centres

The technology will comprise 85% of the energy demand growth until 2026.

Watsons invests $250M for 6,000 new and upgraded stores in Asia

75% of the stores in the region will offer customers upgraded experiences.

Life insurance reaches new high in Hong Kong

This marked a 57% year-on-year in annualised new premiums.

Filipinos collectively spent 42 years on digital lending apps in 2023

About 63.4% of the time was spent on platforms offering personal loans.

Australia, NZ retail banks face tougher headwinds

Both loans and deposits will see increased competition.

Higher EV sales to surface new insurance risk factors: SRI

EV insurance can take the global market size to more than $200b in 2030.

Accelerating clean energy adoption can lower power costs

Solar and wind are the cheapest renewable energy options.

Solar potential underutilised in sunniest markets

Access to financing remains a barrier to increasing solar capacity.