Staff Reporter
Asia Pacific pet care market set to reach $29b in 2024
Asia Pacific pet care market set to reach $29b in 2024
China remains the largest contributor to the pet care market in the region.
Prioritise emerging sectors with high growth potential, adopt new tech to stay competitive: Monitor Deloitte’s Hassan Malik
Businesses should understand the economic goals of their target countries and tailor their offerings to contribute to those goals.
How luxury brands are embracing AI to enhance customer experiences
The luxury sector has invested over $360m in AI in the past three years.
WTW urges APAC banks to consider non-payment insurance
Uncertainties like the Chinese real estate crisis call for effective credit risk management.
How wellness trends boosted demand for women’s sportswear and femtech innovations
Consumers are actively seeking brands and products that enhance both their physical and mental wellbeing.
Here are top trends shaping Asia's beauty and personal care market
Consumers are increasingly prioritising value in their beauty and personal care purchases.
PwC's Wassim Hassouneh provides insights on unlocking digital potential and overcoming transformation challenges
He discussed how the role of data, effective IT operating models, and clear strategies can help overcome hurdles like legacy systems.
Balancing innovation and security: Madan Mohan offers perspective on securing the Middle East's digital future
As data becomes more critical in the region, organisations must prioritise information security governance with leadership commitment and continuous improvement.
F&B industry underinsured against business interruption
29% said they are covered for property damage from extreme weather only.
Malaysia's general insurance to grow at 7.8% CAGR by 2028
The industry could see $5.0b in direct written premiums this year.
Vietnam eyes 6% increase in regional minimum wage
Base pay for any position must not exceed the minimum wage, while allowances and benefits are at the employer's discretion.
Saudamini Dubey of Deloitte urges organisations to adopt a 'learner-for-life' philosophy and embrace a culture of innovation
The Digital Transformation & Innovation Partner for Deloitte Middle East also called for organisations to be champions for a diverse and inclusive workforce amidst unprecedented growth of transformative technologies.
Value offerings essential for Hong Kong's mega-event success
Experts suggest partnering with event providers to create package tours.
Singapore leads in cyber insurance with 96% adoption rate
About 76% of businesses reinforced cyber defences to qualify for insurance.
Around 1 in 2 Thai consumers likely to switch beauty brands
Gen Zs want brands with positive messages, whilst Gen Xers look for cosmetic products offering skincare benefits.
Personal care spending in Hong Kong to reach $48.2b in 2024
By 2028, it is projected to reach $58.6b.
Japan’s life insurers face moderate credit risk
Thanks to their notable allocation to fixed-income investments.
Commentary
Business partnership as TKDN services: Unlocking Indonesia’s digital future
Are luxury boutique hotels the new black?