News

How expanding insurance could add over 4% to GDP across ASEAN

These gains are linked to stronger labour force participation and more.

Asian MICE Forum embraces the future as it marks its 20th year

Taiwan’s MICE output soared from $68M to $63B in just 20 years.

Global hydrogen demand up 2% in 2024

The majority of this was met by hydrogen produced from fossil fuels.

Singaporean companies lead renewable energy shift in APAC

The companies are also injecting more capital into the energy transition.

Global hydro turbine market to hit $4.9b by 2035

Investments in RE transition and grid reliability are some of the factors fuelling the growth.

PV inverters market to reach $49.0b by 2035

The expansion is being fuelled by the push for decarbonisation and RE integration.

Electric ship market to hit $18.39b by 2032

The passenger ship segment is seen to hold the largest share.

Global transmission and distribution infrastructure to reach $789.2b by 2035

Thanks to rising power demand and grid modernisation, amongst others.

Asian investors increase demand for secondary life insurance assets

Interest is growing in Singapore, Hong Kong SAR, and Japan.

China’s wind and solar power generation up 27% in H1

The East Asian superpower is the biggest renewable energy investor in the world.

Employers cut insurance benefits as costs reshape strategies across APAC

Looking ahead, 33% of organisations plan to enhance outpatient insurance.

APAC eyes fastest growth in global home healthcare market

It is projected to expand at a CAGR of 10.1%.

Global wind capacity additions to hit 170 GW in 2025

China will account for the majority of this growth.

Data centres' share of global power to surge to 4% by 2030

Asia Pacific is one of the regions driving demand.

Philippine life insurance premiums rise 12% to $3.51b in H1 2025

It was mainly driven by a 15.47% increase in variable unit-linked premiums.

Ocean hull premiums grow as fleet value climbs to $1.54t

Asia-Pacific accounted for 35% of market premiums.