Staff Reporter
Thermal plants remain significant to Philippines’ energy security, AboitizPower says
Thermal plants remain significant to Philippines’ energy security, AboitizPower says
This comes amidst peak energy demand during the summer.
Japanese pharma company buys US drugmaker for $5.9b
The US firm is developing a treatment for one the major causes of vision loss in aging adults.
Philippines’ ACEN net income climbs to US$36m in Q1
This is up by 5 times compared to the previous year.
Brick-and-mortar stores catch up as spending shifts from online to offline
More than 71% of retailers in Asia Pacific plan to expand or add new stores in 2023, according to CBRE retail survey.
How SHEIN cuts carbon emissions in its warehouses
The company aims to cut its greenhouse gas emissions by 25% in its value chain by 2030.
Share of new luxury store openings in Middle East doubles in 2022
The focus of the new openings is in Dubai.
Singapore’s coffee sales to see ‘steady’ growth in next five years
The market is expected to grow by 3.2% CAGR over 2022-2027.
Asia’s economic loss due to natural catastrophes reached $5.39b: Gallagher Re
This was 7% of the estimated total economic loss of US$77b, globally.
Can NFT be used as a health wallet for data privacy? SingHealth reveals how
NFT may potentially help patients get full ownership of their data.
Singapore, Germany collaborate for manufacturing and tech projects
This also marks the inaugural NRW-Singapore Open Innovation Call.
Chart of the Day: Why flexible workers go to their office
The majority go to the office to talk to their colleagues more efficiently.
India’s smart TV market climbs 28% in 2022 as consumers upgrade to bigger screens
“Made in India” smart TVs recorded the fastest growth last year.
P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company
P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.
What brands in Vietnam need to know about the new duty-free zone
Da Nang will create a trade complex that includes a duty-free zone.
Australia, South Korea, and India are top markets for inbound duty-free shopping
Duty-free is sales to travellers of goods and products exempt from VAT.
Gen Zs can help turn inflation into opportunity: KPMG
Promotional strategies must be reset to attract 600 million Gen Zs through digital and human consumer experiences.
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Asian Management Excellence Awards 2025 Winner: Mahesh Swaminathan of McDermott
Mahesh Swaminathan, SVP of Subsea and Floating Facilities at McDermott, highlights the company’s locally focused approach to operations.
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Fees friction is testing Asia’s academic ambitions