News

AI can cut insurer costs 20% but adoption lags across sector

Firms using the technology can also lift premiums by around 3% to 5%.

Singapore’s energy efficiency index falls to 49, signalling gains despite higher emissions

Emissions climbed to 616 million tonnes in 2021 from 440 million tonnes in 2000.

Singapore job postings fall 4.5% to five-year low in February

Demand remains high in ‘pharmacy’ and ‘sports’.

DHL scales automation in Vietnam logistics operations

Automation and infrastructure support high-tech shifts.

CVF bloc leads solar uptake, surpassing US in electrotech transition

Solar imports run 3x above official capacity in eight of 10 countries.

Beauty industry adopts upcycled materials as ethical purchasing influences choices

Nearly half of beauty consumers prioritize ethical and eco-friendly products.

Greater China manufacturing expands in March despite rising input costs

PMI rebounds as new orders and output rise, whilst purchase prices hit its highest level since 2022.

New Zealand cards slated for 1.8% growth as fee caps spur use

Rewards, discounts, and flexible payment schemes.

APAC mobile services market to surpass $347b by 2030 on 5G Boom

Mobile data dominated revenue as usage doubles and voice income declines across the region, GlobalData says.

Singapore manufacturing momentum eases in March but PMI still signals expansion

SIPMM notes positive outlook despite slower expansion and geopolitical uncertainties, led by electronics sector demand.

APAC dominates turbine market as OECD curbs coal installs

The region is expected to hold 76.9% of global steam turbine share in 2025.

Property investment sales hit $15.4b in Q1 as market strength rolls over from 2025

Knight Frank maintained a full-year forecast at $30b despite geopolitical uncertainties. 

Starbucks eyes 20,000 China stores as Boyu Capital takes majority stake

Starbucks retains 40% ownership and continues to own and license its brand.

Investment banking fees hit three-year high in Q1 as M&A value surges

LSEG data showed fees rose 8.2% to $240.9m, whilst deal values jumped to a record $66.6b despite lower volumes.

Why 47% of insurers see competition forcing finance change

Regulatory shifts, consumer demands and expansion plans also ranked amongst the top pressures.

Vietnam retail shifts to AI-driven decision ecosystems

AI tools are also reshaping how shoppers choose products across retail channels.