Indonesians cut back on insurance but industry remains upbeat over growth potential
The decline in average insurance spending comes amid growth in insurance assets to account for 13 percent of the financial industry.
Corporate Buzz
Philippines facing shortage of cybersecurity talent: Study
The staff shortage, the study noted, could lead to oversights in process and procedures; failure to be aware of all threats in the network; and lack of time to conduct proper risk…
Hyundai Motor Group presents future role as mobility solution provider at Davos forum
The Korean carmaker said its president and Chief Innovation Officer Chi Young-cho presented the necessity of global collaboration for the future of the automotive industry as well…
China’s inland rides waves of innovation, new opportunities
As China pursues new opportunities in artificial intelligence, robotics, metaverse and smart manufacturing, the nation's inland regions are now emerging as key incubators for…
Apple production in India can cause “geopolitical risks”: Apple analyst
A recent report states that Apple has been looking to move production from China for quite some time, likely due to disagreements between the US and the Chinese government.
Samsung unveils largest-ever 450 trillion won investment for chip supremacy
The plan is setting the stage for early advent in the world‘s most advanced technologies, in fields of semiconductors, biotechnology, artificial intelligence and…
Asian automakers compete for EV market in Southeast Asia
This expansion comes as demand for EVs is expected to rise and countries seek to attract factories, and it could destabilize the dominant position of Japanese car manufacturers in…
China creates evaluation system to level up skilled workers
The nation will standardize technical professions by improving the evaluation system and skills assessment, with workers' ethics and the spirit of craftsmanship will be included…
US companies still see China as top market: AmCham
About 83 percent of its member companies report they are not considering relocating manufacturing or sourcing outside of China.
China launches ‘unhackable’, quantum-secured smartphone
Unlike traditional cryptography, the technology uses single photons in quantum superposition states to guarantee unconditional security between distant parties.