Staff Reporter

EDOTCO Group gains win at Asian Experience Awards 2024

EDOTCO Group gains win at Asian Experience Awards 2024

The company earned recognition for its service excellence across borders in the integrated telecommunications infrastructure services industry.

Asia leads in embedded insurance, set to reach $170b by 2030

70% of global losses between 2016 and 2023 from natural disasters are uninsured.

Vietjet brings home win at Asian Experience Awards 2024

It has developed a groundbreaking marketing strategy that is centred around the deployment of a customer data platform.

Japan’s life insurance slated for 4.7% CAGR through 2029

The industry is forecasted to expand by 6.8% in 2024.

India's life insurance growth slows to 10.6% in October

The industry is expected to grow by 1% to 13% over the next three to five years.

South Korean insurers brace for profit squeeze amidst rate cuts

Direct premiums from long-term products contributed to a 3.7% increase in 2023.

Singapore urged to lead AI sustainability amid Asia's carbon grid challenges

Asia Pacific, the US, and Canada consumed 78% of global data center electricity in 2023.

Taiwan insurance sector profits rise to $9.8b, up 3.5% YoY in September

Both life and non-life sectors recorded double-digit growth.

A beacon of sustainable luxury: The Apurva Kempinski Bali takes home ‘Best Sustainable Hotel’ title at prestigious 2024 ULTRAs Awards at Kensington Palace in London

The five-star resort recognised globally as a leader in luxury hospitality for its commitment to environmental, social, and governance principles.

APAC’s affluent move $700b to digital wealth management

These firms are adopting hybrid models that combine digital tools with limited human assistance.

Half of CEOs globally prioritise new business ventures

60% are eager to pursue generative artificial intelligence-enabled ventures.

APAC automotive aftermarket wear and tear market to grow 3.7% through 2028

Factors like accident rates and driving patterns will drive growth.

Banks gain 50% more tech capacity with productivity focus

Generative AI tools to streamline tasks can yield productivity gains of up to 30%.

S. Korea leads mobile game scores in East Asia as 5G improves gaming experience

The country led the Game Score with 90.06 out of 100 during H1 2024.

Finance trails in active gen AI adoption despite broad corporate uptake: report

The report cited issues over data accuracy, security risks, and use-case selections.

What is the potential impact of Trump 2.0?

Singapore faces the steepest challenges due to its highly open economy.