Staff Reporter
India's life insurance growth slows to 10.6% in October
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.
Insurance firms lag in climate committees
Yet, 70% of firms view climate risk as central.
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.
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