AIA

Britain’s Future Growth Hinges on AI Adoption, Says Andrew Bailey

9 days ago

In a pivotal address on March 24, 2025, Andrew Bailey, the Governor of the Bank of England, emphasized the urgent need for the United Kingdom to embrace artificial intelligence (AI) technology as a critical means to escape its long-standing cycle of sluggish economic growth. Bailey articulated that the integration of AI into various sectors could serve as a driving force for productivity improvements and, consequently, economic prosperity.

AI Revolution on the Horizon: Sage CEO Predicts Surge in Adoption Among Small Businesses

20 days ago

In a significant forecast for the future of artificial intelligence in the business sector, Sage Group PLC’s CEO, Steve Hare, anticipates a rapid increase in AI adoption among smaller firms. This outlook is founded on the belief that advancements in technology will soon extend beyond large corporations, empowering small and medium-sized enterprises to integrate AI solutions into their operations.

AIA Group Announces $1.6 Billion Buyback Following Misses in New Business Value Estimates

20 days ago

In a significant move to strengthen its market position, AIA Group Ltd., one of Asia's leading life insurance companies, has revealed plans for an extensive $1.6 billion share buyback program. This announcement comes on the heels of the company's disappointing performance in new business value (NBV) metrics for the first quarter of 2025, which fell short of analysts' expectations.

Thai Auto Production Set for Lowest Output in Three Years Amid Lending Restrictions

4 months ago

The Thai automotive industry is bracing for a concerning downturn, with projections indicating that automobile production in the country is heading towards its lowest level in three years. This significant decline is primarily attributed to stringent lending policies and strict loan regulations that are restricting consumer spending on vehicles.

Vietnam Prepares for Storm Trami: Flight Cancellations and Airport Closures Ensue

5 months ago

As Storm Trami rapidly approaches, Vietnam is taking proactive measures to safeguard its residents and travelers. Authorities have announced the suspension of flights at four major airports in the country, anticipating severe weather conditions that could pose significant risks. This decisive action underscores the seriousness of the storm, which is expected to impact a wide swath of Vietnam, bringing heavy rainfall, strong winds, and potential flooding.