Amid Economic Woes, Southeast Asia’s Insurtech Thrives!
In spite of ongoing macroeconomic and geopolitical uncertainties, deals in Southeast Asia’s insurtech sector witnessed a significant increase, reaching $2.35b from 27 deals in 2023. According to the sources, Singlife’s merger with Aviva Singapore, valued at $2 billion, played a critical role in driving the trend. However, early-stage startups witnessed
India & Malaysia to Improve Relations Through Trade Boost
India and Malaysia enjoyed a long, strong relationship until 2019. Relations between the neighbouring nations went south after former Prime Minister Mahathir Mohamad spoke against New Delhi removing the autonomy of India’s only Muslim-majority region, Kashmir. Because of this, Malaysia’s export of palm oil to India took a massive hit.
PwC Loses Another Mega Client in China: Who Is To Blame?
PricewaterhouseCoopers (PwC), one of the biggest auditors in the world, has lost more than a dozen of its Chinese clients in the last two years. In May 2024, the company lost five of its major clients: China Taiping Insurance Holdings, China Merchants Bank, People’s Insurance Company of China, China Railway
Japan to Get New PM as Fumio Kishida Steps Down!
Japan’s Prime Minister Fumio Kishida is seeking the successor of his legacy as the leader of the ruling Liberal Democratic Party (LDP). Mr Kishida, who has been PM since 2021, has stepped down in the wake of a corruption scandal for his party, rising living costs, and a slumping yen.
Carlyle Group Inc. Delays Asia Buyout Funds
Carlyle Group Inc. put a hold on closing a new pan-Asian buyout as the demand for Japan-focused vehicles has syphoned off investor interest, as per the individuals aware of this matter The Washington-based firm has asked for an extension on closing its 6th regional buyout fund. Since its launch two
Cybersecurity Challenges and Solutions for Asian Businesses
Asian countries are getting ahead with technology advancement and integration. The Asian market has been dynamic, showcasing huge economic growth and the evolution of cybersecurity measures that have helped to revive the Asian economy. The APAC (Asia–Pacific) region encompasses regions like East Asia, South Asia, Southeast Asia, and Oceania. The
AI In Asia: The Technology Is Transforming The Region
AI is no longer a distant concept that the world is unaware of, and Asia is no exception. It is a booming technology, revolutionising the world. Businesses, economics, and society have seen tremendous growth because of AI in Asia. As the region has positioned itself as a key player in
The Best Crypto Mining Software For Asia In 2024
Crypto mining and cryptocurrency, in general, have gained a lot of traction in the last few years. The total crypto volume traded in 2019 was around $22.3 trillion, which jumped to a whopping $82.15 trillion in 2022, according to Statista. This shows just how big the cryptocurrency market has become
India’s Commercial Move for Lithium Discovery!!
India has decided to move ahead with exploration for extracts that support the export of green energy and decarbonise the economy. The Mines Ministry in India has decided to execute further exploration of Lithium in Jammu & Kashmir across the existing Lithium blocks before going through the auctions. As the
Malaysia’s Tech Triumph: Infineon Opens Mega Chip Factory
“Infineon is to set up a semiconductor chip factory worth around $10 billion.” Malaysia is gaining more high-scale demand for the global supply chain, so Infineon Technologies opened a major semiconductor manufacturing complex in the country. Malaysia is attracting huge tech investment by creating over 4,000 job openings. The company
