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Competition, Workplace Safety and Financial Pressures Shape Risk Agenda for Korean Businesses, Aon Survey
- Competition rises as the top risk, reflecting intensifying markets, while workplace safety accountability remains high amid a stricter regulatory environment
- Liquidity and natural catastrophe risks point to growing pressure on financial resilience
SEOUL, SOUTH KOREA – Media OutReach Newswire – 30 June 2026 – Aon plc (NYSE: AON), a leading global professional services firm, today released the findings from South Korea for its 2025 Global Risk Management Survey, revealing that competition, workplace safety accountability and financial pressures are shaping the country’s risk agenda.
The survey, which gathered responses from nearly 3,000 organisations across 63 countries and 16 industries, highlights a risk environment shaped by digital transformation, economic uncertainty, geopolitical pressures and climate exposure.
Competition Tops the Risk Agenda in Korea
According to the survey, “Increasing competition” is the number one risk for organisations in Korea, compared with fifth globally. It also ranks as the top future risk over the next three years. The findings point to pressures in Korea’s market environment, where a relatively concentrated domestic market and high industry density are driving sustained competition.
Half of Korean respondents report financial losses linked to competition, above both the Asia Pacific (APAC) benchmark of 44.1 percent across APAC and global benchmark of 42.8 percent. Despite this impact, only 17.4 percent of Korean organisations report having a formal plan or review in place for competition risk, highlighting an opportunity to strengthen preparedness relative to exposure.
For Korean businesses, competition is no longer just a commercial issue – it is becoming a material driver of financial outcomes, with implications for margin pressure, investment capacity and long-term growth. This dynamic is closely linked to financial resilience, with sustained competition increasing the importance of liquidity and capital allocation decisions as businesses invest to maintain market position.
“Korea’s risk profile shows how structural market pressures are translating into tangible business impact,” said, Terence Williams, head of Commercial Risk for Aon in APAC. “Competition, regulation and financial volatility are converging, increasing the need for more connected risk strategies that link resilience with capital and growth decisions.”
Workplace Safety Accountability Remains a Major Concern
“Workplace accidents” remain among the top risks for Korean organisations, driven by stronger regulatory enforcement and increased accountability for organisations and senior management under the expanded Serious Accidents Punishment Act. Survey responses show that 64.3 percent of Korean organisations have a plan or formal review in place for work injuries, while over half (57.1 percent) are evaluating insurance or risk transfer solutions for this exposure. This suggests that workplace safety is being treated not only as a compliance requirement, but as a material governance and financial priority.
Financial Resilience Is Increasing in Importance
Natural catastrophe and liquidity risks are increasing in importance within Korea’s risk profile. “Weather and natural disasters” rank sixth among current risks, while “cash flow and liquidity risk” returns to the top 10 for the first time since 2019.While Korea is less exposed to large-scale catastrophe events than some APAC markets, recent extreme weather has still resulted in significant economic losses, including wildfires and flooding in 2025.
At the same time, cash flow and liquidity pressures are intensifying amid macroeconomic volatility, trade uncertainty and sustained competitive pressure. Survey data show that 78.6 percent of Korean organisations have a plan or formal review in place for liquidity risk – the highest level of preparedness among all top risks. The findings indicate that liquidity is closely linked to competitiveness, with sustained investment in talent, expansion and technology critical to maintaining market position.
2025 Top Ten Business Risks for Korea
The breadth of risks shaping Korea’s business environment is reflected in the current top ten rankings:
- Increasing Competition
- Economic Slowdown/Slow Recovery
- Business Interruption
- Work Injuries
- Property Damage
- Weather/Natural Disasters
- Regulatory/Legislative Changes
- Exchange Rate Fluctuation
- Cash Flow/Liquidity Risk
- Cyber Attacks/Data Breach
Future Risks Outlook
The findings suggest that Korean businesses are navigating an increasingly complex risk landscape shaped by both domestic pressures and global disruptions. “Increasing competition” remains the top future risk, while “cyber attacks and data breaches” continue to rise as organisations adapt to evolving operating environments.
Looking ahead, the survey highlights how these risks are expected to evolve as businesses position for growth:
- Increasing Competition
- Economic Slowdown/Slow Recovery
- Work Injuries
- Regulatory/Legislative Changes
- Cyber Attacks/Data Breach
A Greater Need for Structured, Data-Led Risk Management
The findings highlight a clear opportunity for Korean organisations to strengthen how risk is measured, managed and linked to strategic decision making. Compared with global peers, adoption of enterprise-wide risk management frameworks and quantitative analysis remains relatively limited. For example, only 22.2 percent of Korean organisations report that they have assessed increasing competition risk, and the same proportion report having developed continuity or risk management plans for it.
Cyber risk appears more mature, with 33.3 percent of organisations having developed continuity plans for cyber exposures.
More broadly, only 25 percent of Korean organisations report using a structured, enterprise-wide process to identify major risks, and just 2.9 percent use quantitative analytics tools to model risk scenarios and insurance strategies.
“The survey highlights a clear opportunity for Korean organisations to strengthen enterprise risk management and analytics capabilities,” said Kevin Kim, CEO of Korea for Aon. “By building stronger internal data, processes and expertise, businesses can move from reacting to risk toward making more confident, forward-looking decisions that support growth and capital efficiency.”
Hashtag: #Aon
The issuer is solely responsible for the content of this announcement.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
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Through DaaS, enterprise customers can access drone equipment, trained personnel, mission execution, data collection and project deliverables without purchasing and maintaining a complete in-house drone system. The model extends ZenaTech’s business beyond equipment sales and enables the company to generate recurring service revenue from customers’ operational requirements.
ZenaTech reported revenue of CAD 8.4 million for the first quarter of 2026, an increase of 640% from CAD 1.13 million in the same period of 2025. DaaS contributed approximately CAD 7.8 million, accounting for around 93% of quarterly revenue.
In 2025, the company generated annual revenue of CAD 12.9 million, up 558% from approximately CAD 2 million in 2024. DaaS contributed approximately CAD 10.1 million during its first full year of operations, representing around 78% of total annual revenue.
Acquisitions Support Service Network Expansion
ZenaTech has expanded its DaaS operations through a combination of internal technology development and acquisitions. The acquired businesses bring existing customers, professional teams and local operating capabilities, while ZenaTech gradually introduces drones, automated data collection and AI-supported analytics into selected workflows.
In 2025, the company completed 20 acquisitions, including 19 businesses providing engineering data, facility inspection and related professional services, as well as one enterprise software company.
By June 2026, ZenaTech had completed its 24th DaaS-related acquisition and expanded its services into property cleaning, facility inspection and maintenance.
Through its ZenaDrone subsidiary, ZenaTech has also developed drone products for indoor and outdoor operations. The IQ Quad supports site data collection, engineering imagery and 3D modelling, while the IQ Nano uses barcode and RFID scanning to support inventory records, shelf inspections and indoor data collection.
The company’s reported revenue growth, acquisition activity and DaaS contribution provide investors following the AI and drone sectors with measurable indicators of how its technologies are being integrated into commercial operations and converted into service revenue.
Hashtag: #ZenaTech
The issuer is solely responsible for the content of this announcement.
About ZenaTech
ZenaTech (Nasdaq: ZENA) is a technology company specialising in AI-powered drones, Drone-as-a-Service (DaaS), enterprise SaaS solutions and related technologies. Through its ZenaDrone subsidiary, the company develops drone products and software for commercial applications including engineering data collection, agriculture, warehouse management, facility inspection and property maintenance. ZenaTech combines its technology capabilities with a growing professional service network to support the adoption of drone-based solutions across a range of operational environments.
Media OutReach
A Defining Milestone for Gene Solutions: SPOT-MAS Multi-Cancer Screening Test Receives U.S. FDA Breakthrough Device Designation
The proposed indications for use describe SPOT-MAS 10 as a qualitative in vitro diagnostic test performed on plasma derived from a single direct-draw venous whole blood specimen. The test analyzes circulating cell-free DNA methylation and fragmentomic signatures using a machine-learning-based algorithm to detect a cancer-associated signal. It is intended for use as an adjunctive screening test in asymptomatic adults aged 40 years and older to assist in detecting cancers within the scope of the assay. These include five common cancers — breast, lung, liver, colorectal and gastric cancers — and five aggressive, less common cancers that currently lack standard screening methods — ovarian, pancreatic, esophageal, endometrial and head & neck cancers.
SPOT-MAS has been developed through years of rigorous scientific research and clinical development. In March 2025, SPOT-MAS became the first multi-cancer screening blood test in Asia to complete a large prospective cohort validation, with the K-DETEK study evaluating more than 9,000 asymptomatic participants and demonstrating strong performance, including high specificity and the ability to identify cancer-associated signals across multiple cancer types.
Since then, SPOT-MAS has been used in more than 100,000 individuals in real-world practice, with consistent performance observed beyond controlled study settings. Real-world data were presented at ESMO Asia 2025 and were featured at ASCO Breakthrough 2026 in Singapore.
The platform is built on a multi-omic approach— integrating genetics, epigenetics, and fragmentomics — together with AI-driven analysis, large-scale prospective validation, growing real-world evidence and focus on cancer types with high clinical relevance in the regions where the test is deployed.
For the United States, Breakthrough Device Designation provides Gene Solutions with a prioritized channel of engagement with the FDA as the company advances its U.S. development and validation plans.
Looking ahead, Gene Solutions will continue to collaborate with academic, clinical, laboratory, commercial and strategic partners to support responsible adoption of SPOT-MAS in accordance with local regulations, clinical guidelines and best practices.
Important Regulatory Notice: SPOT-MAS 10 has received U.S. FDA Breakthrough Device Designation. Breakthrough Device Designation is not FDA approval, clearance or marketing authorization. The device remains subject to applicable FDA regulatory review requirements, and the designation does not guarantee future FDA approval, clearance or authorization.
For more information, visit https://spotmas.com.hk
Contact:
hk***@***********ns.com
Source: Gene Solutions Hong Kong Limited.
SPOTMAS_062026_04
Hashtag: #SPOTMAS
https://spotmas.com.hk/The issuer is solely responsible for the content of this announcement.
Media OutReach
St Francis Methodist School International Shares 2023–2024 WACE Outcomes and Student Journeys
Overview of the WACE Curriculum at SFMS
SFMS International is among a small number of institutions in Singapore offering the WACE curriculum and has delivered this programme for over 23 years. The WACE is a recognised senior secondary qualification awarded by the School Curriculum and Standards Authority (SCSA) on behalf of the Ministry of Education, Western Australia. It prepares students for university admission both locally and internationally.
SFMS is also currently the only school in Singapore offering a Senior High Preparatory Pathway (WACE) for students in Years 9–10. This introduces students to the structure and expectations of the curriculum earlier, building familiarity with subject content and assessment formats before progressing to the senior years. Additionally, subject selection in Years 11A and 12A is structured to meet university entry requirements and reflect students’ academic interests.
Academic Outcomes and University Placements
In 2023, 8 out of 12 WACE graduates from SFMS International achieved ATAR scores above 90, meeting the eligibility criteria for universities such as the National University of Singapore (NUS) and Nanyang Technological University (NTU). The cohort’s top scorer, Wang Dawei, recorded an ATAR of 96.15 and enrolled at NTU to study Business and International Trading. In addition to local placements, graduates were admitted to international universities such as the University of Melbourne and Fudan University in China.
In 2024, 2 out of 8 graduates also attained ATAR scores above 90. The highest scorer, Youn Chae-Won, achieved an ATAR of 95.3. Her university placement is currently pending.
Student Journeys and Holistic Development
Students in the WACE programme at SFMS International engage in both academic and co-curricular activities as part of their overall learning experience. Recent graduates have taken part in service learning, subject specialisation, and personal reflection throughout their time in the pre-university programme.
Youn Chae-Won, the 2024 valedictorian, joined SFMS International from Korea in 2021. Over time, she adjusted to a new academic environment and explored subjects such as accounting, which influenced her interest in finance-related pathways. She also took part in various aspects of school life, including a service learning trip to Bintan in 2023, where students supported local sanitation efforts. Her involvement in both academic and co-curricular settings marked a broad engagement with school life during her time at SFMS.
Andrew Zhuang, who enrolled in SFMS International in 2019, pursued subjects such as Business Management, Accounting, and English as an Additional Language (EALD). Beyond academics, he was involved in community fundraising and joined the same Bintan service trip. He also attended weekly chapel sessions and received support from peers and teachers during a period of health-related absence.
These outcomes reflect the ongoing role of the WACE programme at SFMS International in supporting students through both academic pathways and broader educational experiences. Under the leadership of Principal Mr Lee Hak Boon, the school continues to emphasise academic planning, subject selection, and student wellbeing as part of its overall approach to pre-university education.
Hashtag: #StFrancisMethodistSchoolInternational
https://www.sfms.edu.sg/
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About St Francis Methodist School International
Established in 1960, St Francis Methodist School International (SFMS) is an educational institution in Singapore that offers primary, secondary, and pre-university programmes. The school provides several academic pathways, including the International Baccalaureate (IB), Cambridge IGCSE, and the Western Australian Certificate of Education (WACE), preparing students for further studies in local and overseas institutions.
