News
AI poised to be the ‘ultimate marketing assistant’
It can help in content creation and other low-impact tasks.
1 day ago
AI poised to be the ‘ultimate marketing assistant’
It can help in content creation and other low-impact tasks.
1 day ago
SHEIN customers prefer circularity in clothing choices
Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.
1 day ago
Singapore's economic growth to accelerate in 2024: report
Experts expect the country's economy to grow by 2.7% in real terms next year.
1 day ago
4 interior design trends reshaping Singaporean homes
Experts say homeowners are embracing a fusion of timeless elegance and contemporary innovation.
VC funding of startups in China plummet 26.9% 11M’23
Unconducive market conditions further drove its decline.
Philippine banks sees lending go up by 7.1% in October
Loans for production activities rose during the month.
South Korean banks’ net income down 23.9% in Q3
Non-interest income and return of assets both fell during the quarter.
Taiwan reports over 37 million active credit cards in October
The average rate of delinquency was 0.2% by the end of the month.
India’s commercial banks reports 17% higher net interest incomes
Banks also witnessed a 13.5% deposit growth for the quarter.
How banks can ensure customer safety in Gen AI adoption
Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
MAS: freeze remittances to China for the next three months
It is effective from 1 January 2024 to 31 March.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher-value-added businesses.
Life insurers urged to examine contracts for transparency – APRA & ASIC
The joint APRA and ASIC review prompts regulatory expectations for Australian life companies.
Bright 2024 ahead for Australian insurance industry – Jefferies report
Investment income is anticipated to remain at elevated levels or potentially improve.
More Malaysian customers satisfied with the general insurance industry – Survey
Faster digitalisation and operational efficiency amidst the pandemic influenced this sentiment.
Cosmetic skincare market to grow US$79.4b from 2022 to 2027
The annual growth rate for the global market will hit 8.72%, due to growing demand.