Staff Reporter

Korea’s new capital rules reduce insurers' capital burden

Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.

Global renewables surge to record 4,448 GW

However, progress remains short of the 2030 tripling goal.

Global coal power growth hits 20-year low in 2024

Worldwide coal fleet saw a marginal increase of less than 1% last year.

Digital platforms to enhance predictive modelling, personalised care

One key driver includes patient data integration into mobile health platforms.

Insurers may cover only 25% to 33% of disaster damages by 2030

Insurers also expect to gain up to 15% revenue rise from AI and tech boost.

Three in four workers value job training and development

Nearly a quarter have left their jobs due to the lack of such opportunities.

Sarawak Shell Berhad takes home two wins at Malaysia Technology Excellence Awards 2025

Its projects exemplify innovation, effectiveness, and dynamism, making a significant impact on the industry.

Medical device firms eye sustainability amidst regulatory changes

Regulatory shifts may lead to temporary device shortages in the short term.

Global offshore wind to rebound in 2025

Thanks to a record wave of lease auctions.

BFSI sector leads cyber insurance adoption at 35% to 40% share

This was followed by the technology and IT sector at 30%.

Vietnam’s life insurance sector slated for dip this 2025

This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024

RHB Bank Berhad bags accolade at Malaysia Technology Excellence Awards 2025

The banking company was recognised for transforming operations with its Robotics Process Automation (RPA).

Medical alert systems market to double by 2032

Thanks to product performance innovations and AI integration.

Japan’s 10-year fund to boost pharmaceutical landscape

The country’s ageing population is driving demand for innovative treatments.

Japan’s medical device market to be valued at $42.9b by 2029

It is projected to surpass Germany to become the third-largest market globally.

InterContinental Bali Resort unveils official website for Jimbaran Convention Center

To celebrate this milestone, a special offer will be launched exclusively for event organizers and PCOs.