Staff Reporter
APAC consumers anxious about future despite AI optimism
Across the region, 68% view AI as having a positive impact on the world.
NSW issues new planning framework for RE development
This includes five new and updated guidelines.
Indonesia’s captive coal power to breach 20 GW by 2026
It will be overtaking Australia.
4 key factors driving innovation in the spirits industry
Millennials and Gen Z are increasingly driving spirits sales.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
From paper to pixels: Pioneering land records management through digitization
PARCO has transformed critical, fragile documents into cutting-edge digital repositories.
4,800 phishing incidents monthly in India's banks
Banks use GenAI apps at a lower rate than other sectors, likely due to stricter controls.
Asia’s commercial insurance rates dip 4% in Q3 2024
Global commercial insurance rates fell by 1% in Q3 2024.
Sun Life Singapore nabs Asian Experience Awards 2024 for its indexed universal life insurance solution
It offers a balance of guaranteed insurance protection with potential returns tied to the performance of the stock market.
Global Reinsurers’ ROE surpasses cost of equity in 2023
ROE of reinsurers reached 22% last year.
4 key trends that will shape food and drink industry by 2025
It will be defined by nutrition, mental health, supply chain adaptation, and tech integration.
Malaysia’s life insurance market to hit $17.2b by 2028
Endowment insurance is projected to represent 77.3% of total DWP.
RBC rules may shift Hong Kong insurers to bonds: Aviva Investors
Singapore’s asset growth in 2019 and 2022 could spark promise for Hong Kong.
Aussie insurers to slash costs by 30% with tech revama
Insurers’ operating costs have surged—20% for incumbents.
Climate change renders Australian home insurance unaffordable
Surge in claims led to an average home insurance premium increase of at least 14%.
SEA's digital economy to reach $263b in gross merchandise value
Key drivers include increased digital engagement and monetisation strategies.
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This comes as consumers increasingly expect hyper-personalised, multi-platform experiences, pushing broadcasters toward direct-to-consumer strategies.
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Business partnership as TKDN services: Unlocking Indonesia’s digital future
Are luxury boutique hotels the new black?