Sarath.Chandra@globaldata.com

Insurance

Liability insurance industry in Asia-Pacific to reach US$33.4bn in 2023, says GlobalData

The liability insurance industry in the Asia-Pacific region is projected to grow from US$28.8bn in 2019 to US$33.4bn in 2023, in terms of written premiums, according to GlobalData, a leading data and analytics company. GlobalData’s insight report, ‘Global Liability Insurance Market to 2023 – Overview, Key Trends, Regulatory Developments and COVID-19 Impact Analysis’, reveals that […]

Automotive

Thailand automotive production and domestic sales to revive in 2021, says GlobalData

Following the news that the Federation of Thai Industries (FTI) expects domestic car sales to decline by 5.3% in 2021, after a 21.4% slump in the previous year; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “Thailand automotive production output and domestic sales followed downward […]

Business Fundamentals

Davis Polk & Wardwell and Herbert Smith Freehills top M&A legal advisers in APAC for 2020, reveals GlobalData

Davis Polk & Wardwell and Herbert Smith Freehills were the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific (APAC) region for 2020 by value and volume, respectively. Davis Polk & Wardwell advised on 44 deals worth US$72.3bn, the highest value among all the advisers. Meanwhile, Herbert Smith Freehills advised on 81 deals worth […]

Insurance

Life insurance industry in Taiwan to reach TW$3.6 trillion in 2024, says GlobalData

The life insurance direct written premium in Taiwan is projected to grow from TW$3.0 trillion in 2019 to TW$3.6 trillion in 2024, according to GlobalData, a leading data and analytics company. GlobalData has revised Taiwan’s Life insurance forecast in the aftermath of COVID-19 outbreak. As per the latest data, Taiwan’s Life insurance business is forecasted […]

Technology

Telcos can help broadcast and media companies transform digitally, says GlobalData

COVID-19 has made it more urgent for broadcast and media companies to transform their operations through digital solutions. Against this backdrop, there are several opportunities for network carriers (telcos) to help broadcast and media companies particularly with the emergence of 5G, says GlobalData, a leading data and analytics company. Siow Meng Soh, Research Director at […]

Disruptor

COVID-19 key driver to reinvent fintech businesses, says GlobalData

As the COVID-19 pandemic continues to create economic uncertainty, several fintechs have started to realign their growth strategies. While some fintechs have been at the forefront to grab new opportunities, others need to reinstate their efforts to stay relevant to the market, says GlobalData, a leading data and analytics company. Ayushi Tandon, Senior Fintech Analyst […]

Business Fundamentals

Coinbase most mentioned company among top 10 blockchain influencers on Twitter during Q4 2020, finds GlobalData

Coinbase, JPMorgan Chase & Co (JPMorgan) and Microsoft Corporation (Microsoft) emerged as the most mentioned companies among blockchain influencer discussions on Twitter during fourth quarter (Q4) of 2020, according to GlobalData, a leading data and analytics company. Smitarani Tripathy, Influencer Analyst at GlobalData, comments: “The discussions related to Coinbase were largely driven by the announcement […]

Disruptor

4D imaging radar technology provides game-changing safety for autonomous vehicles, says GlobalData

The pouring investments into autonomous vehicles has accelerated the demand for advanced sensors in the automotive industry to deliver greater safety. Against the backdrop, 4D imaging radar technology is gaining popularity given its ability to ensure vehicle safety by handling higher levels of autonomy in any sort of weather, says GlobalData, a leading data and […]

Pharma

Focus on price negotiation mechanism with deep price cuts drive inclusion of drugs in China’s NRDL, says GlobalData

China updated its National Reimbursement Drug List (NRDL) in December 2020 to include 119 new medicines, with an average price cut of 50.64% agreed by pharma companies. The price negotiation mechanism with steep price cuts drives the inclusion of drugs in NRDL, says GlobalData, a leading data and analytics company. The 2020 NRDL update is […]

Insurance

Thailand’s general insurance market to reach US$9.4bn in 2024, says GlobalData

The general insurance gross written premium in Thailand is projected to grow from THB253.6bn (US$8bn) in 2019 to THB285.6bn (US$9.4bn) in 2024, according to GlobalData, a leading data and analytics company. GlobalData has revised Thailand’s general insurance forecast in the aftermath of COVID-19 outbreak. As per the latest data, Thailand’s general insurance business is forecasted […]

Pharma

Novartis to gain firm foothold in South Korea with triple combination asthma therapy, says GlobalData

South Korea has become the third country in the Asia-Pacific region after Japan and Australia to approve the first ever triple combination therapy from Novartis for maintenance in patients with persistent asthma. This is likely to help the company gain a strong foothold in the South Korean asthma market, says GlobalData, a leading data and […]

Banking

Card payments growth in Australia declines in 2020 due to COVID-19, reveals GlobalData

The Australian payment card market, which has been on the rise for past few years, registered slowdown in 2020 due to COVID-19 with reduced consumer and commercial spending. However, with gradual recovery in economic activities and growing preference for contactless payments, card payments are expected to rise, according to GlobalData, a leading data and analytics […]

Disruptor

VC investments continue to defy expectations in Q4 2020 despite COVID-19 second wave, finds GlobalData

Despite the second wave of COVID-19 pandemic and slow economic recovery, global venture capital (VC) investments during the fourth quarter (Q4) of 2020 remained robust and were nearly at pre-COVID levels. Albeit, the number of VC deals witnessed a continuous decline for the seventh straight quarter, there was an increase in the number of megadeals […]

Automotive

Tencent partnership will expedite Geely’s autonomous and smart tech development, says GlobalData

Following the news that China-based Geely Auto Group has partnered with technology conglomerate Tencent Holdings Ltd; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view: “The partnership between Geely and Tencent will offer significant value to the China’s next-gen mobility market. Both the companies aim to […]

Business Fundamentals

Morgan Stanley top M&A financial adviser in Asia-Pacific for 2020, finds GlobalData

Morgan Stanley emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in Asia-Pacific for 2020, having advised on 57 deals worth US$142.6bn. A total 7,621 M&A deals were announced in the region during 2020, marking a 15.6% increase over the 6,594 deals announced in 2019, reveals GlobalData, a […]

Business Fundamentals

Big-ticket deals take back seat as caution grips APAC VC funding landscape during Q4 2020, finds GlobalData

Low value deals (investment <=US$10m) accounted for the majority of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region while billion-dollar deals remained mostly non-existent during the fourth quarter (Q4) of 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the region saw […]

Automotive

Malaysia needs efficient COVID-19 management to curb declining production output, says GlobalData

Following the news that Toyota Motors and Honda Motors have restarted their plants in Malaysia as the government updated its list of essential businesses allowed to operate; Bakar Sadik Agwan, Senior Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Malaysia’s COVID-19 pandemic management has turned out to be weak and […]

Business Fundamentals

British Airways most mentioned airline among influencer conversations on Twitter during Q4 2020, reveals GlobalData

The global aviation industry has been affected by the COVID-19 outbreak. After relaxation on air travel, several airline operators are taking various measures to mitigate the losses and meet the travel demand ahead of the holiday season. This has led to a staggering 100% year-on-year rise in influencer conversations on Airlines Influencer dashboard during Q4 […]

Business Fundamentals

India to be fastest growing among major economies with growth rate of 9.72% in 2021, says GlobalData

With rising demand for goods and services and revival of key economic sectors amid the declining rates of COVID-19 cases, India’s GDP growth rate is forecasted to witness a V-shaped recovery with 9.72% growth in 2021, says GlobalData, a leading data and analytics company. From mid-September 2020, the COVID-19 cases exhibited a declining trend with […]

Technology

Top five predictions for enterprise ICT in ASEAN in 2021 by GlobalData

Enterprises across the ASEAN are reshuffling their ICT priorities in 2020 to urgently address the COVID-19 impact. Against this backdrop, cloud, networking, mobility, communications and security have been shortlisted for the top five predictions based on their market potential and impact in ASEAN by GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘2021 […]

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Liability insurance industry in Asia-Pacific to reach US$33.4bn in 2023, says GlobalData

Thailand automotive production and domestic sales to revive in 2021, says GlobalData

Davis Polk & Wardwell and Herbert Smith Freehills top M&A legal advisers in APAC for 2020, reveals GlobalData

Life insurance industry in Taiwan to reach TW$3.6 trillion in 2024, says GlobalData

COVID-19 key driver to reinvent fintech businesses, says GlobalData

Coinbase most mentioned company among top 10 blockchain influencers on Twitter during Q4 2020, finds GlobalData

4D imaging radar technology provides game-changing safety for autonomous vehicles, says GlobalData

Focus on price negotiation mechanism with deep price cuts drive inclusion of drugs in China’s NRDL, says GlobalData

Thailand’s general insurance market to reach US$9.4bn in 2024, says GlobalData

Novartis to gain firm foothold in South Korea with triple combination asthma therapy, says GlobalData

Card payments growth in Australia declines in 2020 due to COVID-19, reveals GlobalData

VC investments continue to defy expectations in Q4 2020 despite COVID-19 second wave, finds GlobalData

Tencent partnership will expedite Geely’s autonomous and smart tech development, says GlobalData

Morgan Stanley top M&A financial adviser in Asia-Pacific for 2020, finds GlobalData

Big-ticket deals take back seat as caution grips APAC VC funding landscape during Q4 2020, finds GlobalData

Malaysia needs efficient COVID-19 management to curb declining production output, says GlobalData

British Airways most mentioned airline among influencer conversations on Twitter during Q4 2020, reveals GlobalData

India to be fastest growing among major economies with growth rate of 9.72% in 2021, says GlobalData

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