GlobalData

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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary. 

Tech giants face major regulatory challenges, warns GlobalData

Key areas of scrutiny include data privacy, antitrust, AI ethics, and online harm, particularly in Asia.

Tech giants face major regulatory challenges, warns GlobalData

Key areas of scrutiny include data privacy, antitrust, AI ethics, and online harm, particularly in Asia.

APAC’s liability insurance sector to exceed $61b by 2027: GlobalData

Its growth will be underpinned by robust economic development in key markets and enhanced product offerings.

When nostalgia hits: APAC F&B brands bank on ‘throwback marketing’

About 3 in 5 consumers are influenced by how familiar products and services feel.

Asian corporations accelerate digital recruitment

GlobalData analyst reveals a surge in the demand for digital specialists across multiple sectors in the Asian market.

Medical devices sector enhances competitiveness due to local and global collaborations

Singapore’s partners were attracted to the market’s preventive healthcare.

SG’s property insurance to stay afloat in 2023 – GlobalData

Disciplined underwriting and well-diversified portfolios will support profitability, an analyst said.

Singapore outperforms omnichannel spending in Southeast Asia

The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.

Supply constraint poses threats to achieving green energy targets: report

These challenges include supply shortages, monopolisation, and geopolitical concerns.

Digitalisation, decarbonisation drive M&A deals in APAC

In Q1, technology, media and telecom (TMT) was the busiest sector in the Asia Pacific by volume with 622 deals.

Medical device sector needs collective action to reach green goals: study

Proper regulations are needed to keep the industry on track with its sustainable goals.

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. 

CRRC’s plan to expand and remodel stores in Thailand and Vietnam

The Central Retail Corporation recently announced that they will invest $826 million in Thailand and Vietnam to expand their retail presence in those regions. Their goal is to become Asia's leading retail omni-channel retailer within the next five years. A large part of the budget will be used to renovate and expand their stores in Thailand and Vietnam while investing in technology and sustainability.

Chart of the Week: Over 1 in 4 of Taiwan’s online transactions use alternative payments

Over a quarter of Taiwanese online shoppers prefer to pay via alternative payment methods.

Beijing’s key zones for a business-friendly environment

Beijing's relaxed foreign investment rules and tax incentives are expected to boost domestic and foreign trade. In 2013, they began the construction of two zones that aimed to open up the service sector to boost overall economic growth. Beijing has been a pioneering city in developing a national integrated demonstration zone for greater openness in the service sector, which has led to an increase in the contribution of the service sector to the total GVA in Beijing from 77% in 2013 to 82% in 2022.

APAC’s mobile wallet adoption chips away at traditional payments’ dominance

Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.

Omnichannel is the way forward for APAC retailers

As physical stores reopen, online spending may drop to 13.4% by end-2021 but never below pre-COVID levels.