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13/05/2024 Meta expands paid verification service for businesses ( General )
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29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
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26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )

Retail Asia20/03/2019

New office caters to burgeoning international demand for Australia’s investor migration programs, as well as interest from within Australia for alternative residence and citizenship options abroad. Global firm in residence and citizenship planning Henley & Partners has announced its expansion into Australia and has made several key personnel hires, the firm said in a media release. […]

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Retail Asia25/02/2019

Allianz Malaysia Bhd’s earnings increased by 15.3% in the fourth quarter ended Dec 31, 2018 (Q4) to RM100.04 million, from RM86.78 million in the previous corresponding quarter mainly due to higher underwriting profit from motor business arising from lower claims and management expenses. For the quarter under review, the general insurance segment recorded a profit […]

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Retail Asia01/02/2019

SK Telecom, Korea’s top mobile carrier, and Hyundai Motor will jointly enter the insurance business, partnering with Hanwha General Insurance to bring their technology expertise to the industry. The Financial Services Commission (FSC), the country’s top financial regulator, said Wednesday it has given preliminary permission for SK Telecom, Hyundai Motor and Hanwha General Insurance to […]

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Retail Asia25/01/2019

CIMB Group Holdings Bhd has obtained the green light to establish its investment banking business in the Philippines. In a filing with Bursa Malaysia, the group said its wholly owned subsidiary CIMB Group Sdn Bhd had on Jan 23 received the relevant approvals from the Securities and Exchange Commission of the Philippines, including the Certificate […]

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Retail Asia24/01/2019

CIMB Group Holdings Bhd’s wholly-owned indirect subsidiary CIG Bhd yesterday entered into a share purchase agreement with HBG Asia Holdings Ltd and HBG Malaysia Sdn Bhd (Howden) to divest its remaining 51% stake in CIMB Howden Insurance Brokers Sdn Bhd (CHIB) to Howden for RM59.6 million. The group said approval from Bank Negara Malaysia in […]

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Retail Asia09/01/2019

General insurer, MSIG, has announced the appointment of Philip Kent to the role of Chief Executive Officer (CEO). He succeeds former CEO, Kenneth J. Reid, who has retired after 26 years with MSIG Hong Kong. Philip Kent most recently served as Executive Vice President of Planning for the Singapore-based regional holding company, MSIG Holdings Asia, […]

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Retail Asia08/01/2019

Bank Rakyat Indonesia, Indonesia’s biggest state-owned lender, started the year with key strategic announcements, including an alliance with Chinese payment platform Alipay and plans to acquire a local insurance company and a small lender. BRI signed a memorandum of understanding with Alipay, a subsidiary of Chinese technology giant Alibaba, on Thursday to secure an opportunity to serve the […]

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Retail Asia26/11/2018

Many billionaires have no problem flaunting their wealth, whether through naming skyscrapers after themselves, yacht parties on the other side of the world, fancy ostentatious car collections and private jets, fake rehearsed smiles on camera and lots of media coverage. But a subset prefers the trappings of obscurity, content to preside over their empires away […]

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Retail Asia02/11/2017

Prudential Life Assurance (Thailand) Public Company Limited (PLT) has appointed Aman Chowla as Chief Executive Officer. Aman joined Prudential in 2011 and brings with him over 20 years of experience in financial services. He has worked in several markets across Asia including India, Singapore, Malaysia and now Thailand. Having held functional general Management & Transformation […]

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Retail Asia22/09/2017

The global mobile phone insurance market is on track to grow to over $27 billion in revenue by the end of 2020, research from SNS Telecom indicates. The telecoms market research company estimates that the global market will account for $20.5 billion by the end of this year, and is in line to grow at […]

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Retail Asia20/06/2017

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With its recent launch of the MSIG SpeeDi app in Thailand, MSIG Insurance continues its digital transformation in the region with the introduction of a unique telematics device for its motor customers. With the aim of encouraging safer driving in Singapore, the device tracks driver behaviour and provides feedback after each trip via a mobile […]

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Retail Asia04/05/2017

Twenty-four-year-old Ms. Trinh Van Anh, the manager of an international school in Hanoi, does not have a life insurance policy and hasn’t thought about getting one, even though her monthly salary of $1,000 is higher than most of her peers. “No one recommends I take out a policy,” she said. “No one knows what life […]

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Retail Asia20/03/2017

NetSol Technologies signed an agreement for its mobile origination (point of sale) system with PT Mizuho Balimor Finance (MBF) in Indonesia. NetSol was named MBF’s preferred vendor in the region. The contract includes product license, a five-year maintenance agreement and agreed customizations rates for both applications. MBF is an Indonesian multi-finance companies specializing in the auto […]

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Retail Asia21/01/2017

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This year’s winners of the Mitsui Sumitomo Insurance Welfare Foundation (MSIWF) research grant, awarded for exceptional insight and potential, comprised of some of Singapore’s leading researchers that aim to make a difference by solving Singapore’s key traffic and healthcare issues for the nation’s ageing population. The 2016 winners are: Ms Maria Cecilia Rojas Lopez, PhD […]

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Retail Asia16/01/2017

Life insurer Sun Life Indonesia aims to have more qualified agents to market their products rather than just make the numbers, the company top executive has said. The firm gathered on Friday 1,000 of its most high-achieving agents for the annual “Year Start” event in Jakarta to brief them of the insurer’s vision this year […]

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Retail Asia03/01/2017

Sompo Insurance (Thailand) is embracing innovation and digital channels as key strategies to build brand awareness among individual Thais, who are a new customer base for the Japan-based firm, which aims to be in the top 10 in Thailand’s |insurance market by 2020. Sompo Insurance eyes retail customers Sompo Insurance, formerly known as Sompo Japan […]

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Retail Asia21/10/2016

Zurich Insurance has launched a solution in Hong Kong and Singapore which provides risk-assessment services and protects businesses against the risks associated with supply chain disruptions. Called Zurich Supply Chain Insurance, the product is the first-of-its-kind in the Asia-Pacific region and is now available to qualified customers based in the two markets. “Increasing globalisation, improved […]

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Retail Asia15/09/2016

Life insurer Sun Life Financial Indonesia has officially integrated with Malaysia’s financial group CIMB subsidiary CIMB Sun Life following the Rp 550 billion (US$41.8 million) acquisition of 51 percent shares in CIMB Sun Life. Sun Life Financial Indonesia president director Elin Waty said the acquisition, conducted between April and June, was in line with the […]

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Retail Asia26/08/2016

Allianz is hoping the agreement will give access to Maybank’s 4 million customers in Asia. The insurer said it has jointly developed three life insurance products with Maybank which includes a unit-linked life insurance product compliant with Islamic Shariah law, a single-premium investment product and a life policy which combine protect with investment. “This partnership […]

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Retail Asia01/07/2016

Workplace injury, property damage, and liability are the top 3 biggest insurance risks for small and medium enterprises (SMEs) in Singapore over the next 12 months, according to AIG Asia Pacific Insurance Pte. Ltd. SMEs in Singapore face rising business risks as they deal with increasing costs amid an economic slowdown. SMEs claimed more than […]

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