Staff Reporter

Japanese pharma company buys US drugmaker for $5.9b

The US firm is developing a treatment for one the major causes of vision loss in aging adults.

Philippines’ ACEN net income climbs to US$36m in Q1

This is up by 5 times compared to the previous year. 

Brick-and-mortar stores catch up as spending shifts from online to offline

More than 71% of retailers in Asia Pacific plan to expand or add new stores in 2023, according to CBRE retail survey. 

How SHEIN cuts carbon emissions in its warehouses

The company aims to cut its greenhouse gas emissions by 25% in its value chain by 2030.

Singapore’s coffee sales to see ‘steady’ growth in next five years

The market is expected to grow by 3.2% CAGR over 2022-2027. 

Asia’s economic loss due to natural catastrophes reached $5.39b: Gallagher Re

This was 7% of the estimated total economic loss of US$77b, globally.

Can NFT be used as a health wallet for data privacy? SingHealth reveals how

NFT may potentially help patients get full ownership of their data.

Singapore, Germany collaborate for manufacturing and tech projects

This also marks the inaugural NRW-Singapore Open Innovation Call.

Chart of the Day: Why flexible workers go to their office

The majority go to the office to talk to their colleagues more efficiently.

India’s smart TV market climbs 28% in 2022 as consumers upgrade to bigger screens

“Made in India” smart TVs recorded the fastest growth last year.

P&C insurance must close protection gaps or risk becoming irrelevant: McKinsey & Company

P&Cs in the Asia Pacific stand at only 0.5% of real GDP or half of the global penetration ratio.

What brands in Vietnam need to know about the new duty-free zone

Da Nang will create a trade complex that includes a duty-free zone.