Investors Turning to ASEAN Market Amid Easing Inflation
As the market expectations of interest rate cuts by the Federal Reserve are growing, investors are now looking forward to high-growth investing opportunities in the ASEAN market. It will derive more benefits for the market positioning to benefit from tamed inflation. Since the middle of August month, the Southeast Asian
Sri Lanka Extends Free Tourist Visas to 35 Nations
In an attempt to boost its tourism sector, Sri Lanka has approved free tourist visas for visitors from 35 nations. According to the policy, tourists from India, China, the UK, Germany, Netherlands, Belgium, Spain, Australia, Denmark, Poland, Kazakhstan, Saudi Arabia, UAE, Nepal, Indonesia, Russia, Thailand, Malaysia, Japan, France and more
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
