News

Cambodian insurers see gross premiums inch up 1.92% in August

Number of policies in the general insurance market dwindled 31.9%.

China VC funding deals dips 12.6% YoY to $23.3b

It only recorded 1,761 VC funding deals. 

Lending standards to tighten amidst rising costs, geopolitics

Other factors include incomplete market recovery post-COVID and rising interest rates.

3 in 5 APAC executives say geopolitics dampen sustainability investments

Seven in 10 executives globally also see the importance of climate technology.

APAC companies face slower cash collection

Japanese firms had the lowest days receivable at 42 days.

Over 80% of new renewables in 2023 cheaper than fossil fuel alternatives

Solar PV costs dropped in 2023, becoming 56% cheaper than fossil fuel and nuclear options.

APAC investors to increase bond allocations amidst growing optimism

They plan to allocate 28% to Asia excluding Japan in the next 12 months.

Over 7 in 10 Indonesians view insurance claim falsification as most taboo fraud

In contrast, a sizeable portion of the population feels otherwise.

9 in 10 APAC firms implement whistleblowing policies

Top benefits include early fraud detection and prevention at 35%.

Chinese travelers' search for int'l stay doubles for upcoming Golden Week

The second Golden Week of the year will commence from 1 to 7 October.

CEOs leverage Gen-AI in organisational planning

52% say it shapes competitive positioning.

AI agents combat the lack of skilled workers to improve AI models

These agents are formed by embedding AI with pre-built use cases into enterprise applications.

How is APAC leading with AI to fight insurance fraud?

74% of respondents reported that fraud cases are either stable or increasing.

Bank-fintech alliance a win-win— HSBC digital chief

Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.

Multi-cloud shift drives demand for AI-driven data integration

Providers are responding with collaboration, led by Oracle.