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Increasing Competition, Economic Slowdown and Cyber Threats are Reshaping Asia’s Business Landscape: Aon Survey

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  • “Failure to attract and retain talent” ranks among the top ten risks for Asia reflecting persistent talent shortages
  • “Increasing Competition” and “Exchange Rate Fluctuation” risks surge in importance
  • “Geopolitical Volatility” joins the top five future risks, highlighting the growing instability across regions

SINGAPORE – Media OutReach Newswire – 5 November 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today released the Asia findings of its 2025 Global Risk Management Survey, revealing the region is grappling with intensifying competition and economic uncertainty as organisations confront a new era of disruption and transformation. The survey, which gathered insights from nearly 3,000 risk managers, C-suite leaders, and executives across 63 countries, highlights how Asia’s risk priorities are shifting in response to technological, economic and geopolitical forces.

Asia’s Top Risks: Competition Surges, Cyber Threats Persist

“Cyber Attacks/Data Breach” remains the number one risk across Asia. However, in 2025 “Increasing Competition” and “Exchange Rate Fluctuation” have risen sharply, reflecting the region’s dynamic markets and heightened exposure to global financial volatility. “Increasing Competition” is now in business leaders top three key risks for the region, a significant jump from eighth place in 2023.

Asia’s risk landscape also features “Weather/Natural Disasters” as a prominent concern, ranking eighth. This issue is more pronounced in Asia compared to other regions, underscoring Asia’s vulnerability to climate-related disruptions. Additionally, “Failure to Attract and Retain Top Talent” rounds out the top ten risks — a challenge that does not appear among the global top ten, highlighting unique workforce pressures in the region.

The survey found that 52.1 percent of businesses reported losses due to “Exchange Rate Fluctuations”, followed by 45.4 percent from “Economic Slowdown” and 43.6 percent “Increasing Competition”. Workforce challenges persist, with 30.4 percent of businesses reporting losses due to “Failure to Attract and Retain Top Talent”.

“Asia’s business environment is transforming rapidly. Digitalisation, shifting economic currents and increasing competition are reshaping priorities,” said Terence Williams, head of Commercial Risk, APAC at Aon. “Today’s challenges are more interconnected than ever — cyber threats can disrupt supply chains; economic volatility can impact talent retention and climate events can trigger regulatory changes overnight. The insights from Aon’s 2025 Global Risk Management Survey offer leaders clarity amid complexity, helping them benchmark and focus risk strategies.”

Asia’s Top Ten Business Risks in 2025

According to the survey, the top ten risks for organisations in Asia are:

  1. Cyber Attacks/Data Breach
  2. Economic Slowdown/Slow Recovery
  3. Increasing Competition
  4. Business Interruption
  5. Supply Chain or Distribution Failure
  6. Commodity Price Risk/Scarcity of Materials
  7. Exchange Rate Fluctuation
  8. Weather/Natural Disasters
  9. Regulatory/Legislative Changes
  10. Failure to Attract or Retain Top Talent

The survey highlights the risks facing Asian organisations and clear opportunities for resilience and growth. While risk awareness is rising, most organisations have yet to quantify their exposures or leverage advanced analytics.

Risk management planning remains inconsistent across the region:

  • 24.3 percent of businesses have assessed cyber risk,
  • 18.8 percent have developed continuity plans,
  • 25.6 percent have a risk management plan for “Cyber Attacks/Data Breaches”.

For “Economic Slowdown/Slow Recovery”:

  • 27.8 percent have assessed the risk,
  • 16.7 percent have continuity plans,
  • 24.4 percent have risk management plans.

For “Failure to Attract or Retain Top Talent”:

  • 32.5 percent have assessed the risk,
  • 16.9 percent have continuity plans,
  • 34.9 percent have risk management plans.

While most organisations in Asia recognise the importance of risk management, there is still room to strengthen and formalise their approach — unlocking greater resilience and future growth.

“In a world where disruption is the new normal, understanding the intersection and velocity of risks are essential for creating sustainable success,” said Adam Peckman, global head of cyber risk consulting and head of Cyber Solutions for APAC at Aon. “To mitigate the risks of Cyber Attacks and Economic Slowdown, organisations must move away from a reactive approach and instead embed cyber resilience and financial agility into their core strategies. This means adopting advanced analytics, scenario planning, robust continuity frameworks and continually evaluating the role of risk capital to manage volatility.”

Future Risks Reflect the Growing Influence of Interconnected Megatrends
Aon’s 2025 Global Risk Management Survey also provides a forward-looking perspective on the risks business leaders expect to be most critical by 2028. Increasing competition and cyber risk remain the top concerns for the future, while geopolitical volatility joins the top five future risks, reflecting the growing instability across regions, with implications for supply chains, regulatory environments and financial performance.

Asia’s Top Five Future Business Risks by 2028

  1. Increasing Competition
  2. Cyber Attacks/Data Breach
  3. Economic Slowdown/Slow Recovery
  4. Geopolitical Volatility
  5. Business Interruption

“Looking ahead, the interplay of increasing competition and geopolitical volatility are expected to dominate the regional risk landscape. Businesses should prepare by adopting more predictive risk intelligence with AI-powered indicators and building more resilient supply chains. Innovative approaches to raising capital for managing risks – such as captives and parametric products – will be key. By focusing on both immediate disruptive threats and emerging risk trends, organisations can build resilience and unlock new opportunities in a rapidly evolving market,” Williams added.

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

About Aon

(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.

Follow Aon on and sign up for news alerts .

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SL Aesthetic Group Marks 22 Years of Innovation and Regional Expansion in Singapore and Southeast Asia

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SINGAPORE – Media OutReach Newswire – 15 January 2026 – SL Aesthetic Group celebrates its 22nd anniversary, marking its growth from a single clinic into a multi-brand medical aesthetics and healthcare group.

Founded in Singapore in 2003, the Group has grown to encompass five specialised brands operating more than twenty outlets across Singapore and the region.

  • SL Aesthetic Clinic offers doctor-led skin, face and body treatments, and is one of Singapore’s longest-running medical aesthetics clinic.
  • SkinLab The Medical Spa, a dermatology-focused medical spa, specialises in medical-grade facials and skincare products for sensitive skin.
  • TrichoLab, a dedicated hair and scalp health brand specialising in medical hair loss solutions.
  • Euphie (Malaysia) is the Group’s Malaysia-based extension comprising Euphie Skin Solutions and Euphie Clinic, delivering medically supervised aesthetic care.

The Group has served more than 100,000 patients, with care provided by a team of 12 doctors and more than 100 trained specialists.

Over the past two decades, the concept of beauty and wellness has broadened into a more holistic approach to personal care—one that goes beyond aesthetics to support overall wellbeing. People are placing greater emphasis on long-term health, from their mental health and nutrition to their physical appearance. This shift has driven growing demand for preventive, medically supervised services that integrate aesthetics with broader health concerns.

In response to these changing needs, SL Aesthetic Group has expanded its medical services beyond skin and hair treatments, introducing more than 40 new offerings across its five specialised brand portfolios, including women’s health services.

Dr Kelvin Chua, Founder and Senior Medical Director of SL Aesthetic Group, said: “Reaching 22 years reflects the continuity of care we have built over time. As patient expectations change, our focus remains on delivering medically supervised services that support long-term health and well-being.”

As part of this expansion, the Group launched Prologue The Lifestyle Medical Clinic and Prologue Centre for Women’s Wellness in 2025. Prologue The Lifestyle Medical Clinic focuses on preventive care for chronic conditions, supported by artificial intelligence–enabled health screenings for early detection of conditions such as dementia and cancer. Meanwhile, Prologue Centre for Women’s Wellness addresses women’s health needs across different life stages, including perimenopause, menopause, and postpartum recovery.

Within Singapore, the group strengthened its physical presence with the opening of its tenth SL Aesthetic Clinic and SkinLab The Medical Spa outlet at iMall in Marine Parade, as a response to strong and sustained demand from patients in the eastern region.

Regionally, SL Aesthetic Group marked a milestone as its Malaysia-based brand, Euphie — comprising Euphie Skin Solutions and Euphie Clinic — celebrated its first anniversary. Building on this foundation, the Group plans to open an additional outlet in Malaysia, extending its medically supervised services to a wider patient base.

Looking ahead, SL Aesthetic Group plans to continue expanding its clinical footprint while maintaining regulatory compliance, clinical standards, and patient safety.

For more information, visit: https://slaestheticgroup.com/
Hashtag: #SLAesthetic

The issuer is solely responsible for the content of this announcement.

About SL Aesthetic Group

SL Aesthetic Group is one of Singapore’s longest-established medical aesthetic groups, with a presence in Singapore and Malaysia. The Group houses a diverse portfolio of brands, including SL Aesthetic Clinic, SkinLab The Medical Spa, TrichoLab, PROLOGUE, and Euphie (Malaysia).

Founded in the 2000s, SL Aesthetic Group specialises in skin and hair health, women’s wellness, and holistic medicine. Across its clinics and outlets, the Group offers a comprehensive range of FDA-approved aesthetic and medical treatments, all supervised by trained and certified healthcare professionals holding Certificates of Competency (COC) recognised by the Singapore Medical Council’s Aesthetic Practice Oversight Committee (APOC).

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Aon Appoints Kulshaan Singh as Enterprise Client Leader, Asia Pacific based in Singapore

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SINGAPORE – Media OutReach Newswire – 15 January 2026 Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Kulshaan Singh as enterprise client leader, Asia Pacific, effective immediately.

Based in Singapore, Singh will leverage his extensive experience across some of Asia’s most dynamic markets to deliver innovative approaches to Risk Capital and Human Capital for Aon’s enterprise and large multinational clients in Asia. Reporting to Craig Torgius, chief client officer and head of enterprise clients, Asia Pacific, Singh will focus on building strategic partnerships and unlocking new opportunities supporting clients to achieve their growth ambitions.

“Kulshaan brings a rare blend of strategic acumen with strong execution ability, global insight and local expertise to our Asia Pacific team,” said Torgius. “His ability to lead transformation, foster collaboration and deliver results across diverse industries will be invaluable in helping clients navigate an increasingly complex risk landscape.”

With over two decades of experience in consulting and executive leadership, Singh held prominent roles including managing director for talent solutions for southeast Asia at Aon, CEO Mercer Singapore and chief people officer at Charoen Pokphand Group. Most recently, as the global group chief people officer at Thai Union Group, he spearheaded large-scale transformation initiatives including organisation design, succession and leadership alignment.

Reflecting on his new role, Singh said, “I feel privileged and excited to be back at Aon and look forward to working closely with Aon’s global and local teams to deliver solutions that help clients navigate complexity and interconnected challenges.”

Read more about Aon’s capabilities in Asia Pacific here.

Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

About 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.

Follow Aon on and sign up for news alerts .

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

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Zero-Emission Technology Underpins the Future of Urban Living

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HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 15 January 2026 – In 2025, Vietnam marked a pivotal moment in its economic trajectory. Amid persistent global uncertainties, the country recorded GDP growth of 8.02%. Vietnam’s economic scale also reached a new threshold, with GDP estimated at approximately USD 514 billion and GDP per capita surpassing USD 5,000, officially elevating the country into the upper-middle-income category. Notably, Vietnam led ASEAN in growth momentum, reinforcing Vietnam’s rising profile as a resilient and increasingly attractive destination for long-term global capital.

As an economy reaches a new stage of development, the central question is no longer how fast it can grow, but how well it can sustain that growth over time. The development trajectories of many countries show that crossing an income threshold often brings complex structural pressures: Mounting strain on urban infrastructure, environmental degradation, and higher expectations for quality of life.

In this context, traditional growth models, those that prioritize short-term economic returns, begin to reveal their limitations. What emerges instead is a clear demand for development paradigms in which economic performance, environmental resilience, and social value are conceived together from the outset, rather than treated as sequential or secondary considerations.

For Vietnam, this transition is particularly significant as global capital flows increasingly favor ESG-aligned markets, and urban residents shift from a focus on asset ownership to a more holistic pursuit of living quality and long-term wellbeing. Real estate, therefore, is no longer simply a supply-and-demand equation, but a foundational platform for shaping lifestyles, communities, and sustainable urban ecosystems.

It is precisely within this structural shift that Vinhomes Green Paradise is positioned as a forward-looking benchmark, reflecting the long-term vision of Vinhomes to develop real estate on an “ESG++ from the ground up” foundation, where sustainability is not an added feature, but the core architecture that underpins enduring economic and social value.

Geography as Destiny: A Living Natural Heritage

Many believe that Vinhomes Green Paradise is a “new wonder” of modern society, bringing together a rare convergence of forward-looking planning, contemporary living standards, and visionary development. Yet beyond its scale or sophistication, its very location is a wonder in itself. It is a place where human intelligence and capability are applied not to dominate nature, but to collaborate with it, leveraging an irreplaceable “forest-backed, sea-facing” setting that cannot be replicated, while preserving, restoring, and ultimately giving back to the natural environment.

Among more than 90 submissions from across the globe, New7Wonders selected Vinhomes Green Paradise as the first project worldwide to receive the “Official Participant” certification in the global “7 Wonders of Future Cities” campaign.

“This is a truly exceptional project,” said Jean-Paul de la Fuente, Director of New7Wonders and Chairman of the global campaign. “Vinhomes Green Paradise is a ‘precious jewel’, a place that is exceptional for living, working, and enjoying life. The project symbolizes the kind of cities that dare to dream, dare to pave new paths, and dare to break boundaries to realize a future where nature, community, and growth coexist in harmony.”

According to him, this spirit is exactly what the world is seeking in the cities of tomorrow.

After personally visiting the site in Can Gio, Jean-Paul de la Fuente identified the project’s geography as its most irreplaceable asset. Spanning 2,870 hectares, Vinhomes Green Paradise is uniquely positioned between two globally significant ecosystems. To the front lies the vast Pacific Ocean, with 121 kilometers of coastline. Behind it stretches the 75,000-hectare Can Gio Mangrove Biosphere Reserve, recognized by UNESCO.

At the heart of the megacity sits an 800-hectare saltwater lagoon, the largest of its kind in the world, functioning as a natural ecological regulator, a “green heart” sustaining biodiversity, climate balance, and urban vitality.

Unlike many coastal developments around the world, nature here is not reduced to a backdrop. It is treated as a living heritage, actively preserved and regenerated through dedicated mangrove restoration funds that protect not only the project, but also the ecological shield of Ho Chi Minh City.

While many global developments aim to comply with ESG standards, Vinhomes Green Paradise goes further, introducing an ESG++ model built on five pillars: Environment, Social, Governance, Regeneration, and Adaptation.

This approach reflects a paradigm shift in urban development. Cities of the future must not merely “do less harm”. They must actively give back to nature and society.

Jean-Paul emphasized the importance of this vision: “Future sustainable cities must not ‘take’ from nature, they must ‘give back,’ helping restore and nurture the planet.”

This regenerative mindset is embedded from the earliest stages of construction. Advanced K-DPM technology transforms dredged soft mud into durable construction material, completely eliminating waste discharge into the environment, a breakthrough in large-scale coastal development.

Technology as the City’s Invisible Infrastructure

If nature is the soul of Vinhomes Green Paradise, technology is its invisible nervous system. The entire megacity is designed to operate on 100% clean energy, sourced from offshore wind turbines located 20 kilometers from shore and large-scale solar systems. Transportation within the city and connections to central Ho Chi Minh City are oriented toward zero emissions, supported by electric mobility and high-speed rail.

IoT, AI, and Big Data platforms operate continuously to monitor environmental quality, optimize energy use, and provide early warnings for climate-related risks, ensuring resilience in an era of increasing uncertainty.

One of the core criteria of the “7 Wonders of Future Cities” campaign is placing people at the heart of urban design. At Vinhomes Green Paradise, this principle is elevated further: Residents are not passive beneficiaries, but active co-creatorsof the city.

The megacity features globally scaled cultural and lifestyle landmarks, including a 122-hectare entertainment complex, the 7-hectare Blue Waves Theatre with 5,000 seats, an outdoor performance plaza for 60,000 people, two 18-hole championship golf courses designed by Tiger Woods and Robert Trent Jones, a 108-story tower among the world’s top 10 tallest, and the Cosmo Bay night-time economy hub.

Healthcare, education, and lifelong wellbeing are equally prioritized, with Vinmec healthcare partnering with Cleveland Clinic (USA), Vinschool and Brighton College (UK) in education, and Vin New Horizon redefining senior living. Together, they form an ecosystem where human potential is continuously nurtured.

Residents also play a direct role in environmental stewardship, participating in biodiversity monitoring, mangrove planting, waste sorting, and adopting electric mobility, becoming true “ecological ambassadors” of Can Gio.

The Wonders of the Future Are Being Built Today

For Jean-Paul de la Fuente, Vinhomes Green Paradise represents far more than an urban project.
“The project is positioned as a powerful symbol of Vietnam’s national aspirations and its determination to assert its place on the global stage. What was seen on site is only a small part of a much larger vision,” he said.

Reflecting on the impact of previous New7Wonders campaigns, he noted: “The previous two campaigns, ‘New7Wonders of the World’ and ‘New7Wonders of Nature’, both generated what researchers call the ‘Wonder Effect,’ significantly boosting the economies and societies of the winning destinations.”

Drawing a parallel with Ha Long Bay, he added that he truly believe Vinhomes Green Paradise can achieve something similar, but on an even larger scale, competing directly with iconic cities around the world.”

As Jean-Paul concluded: “If our previous campaigns celebrated the heritage of the past and the beauty of the present, then the ‘7 Wonders of Future Cities’ campaign celebrates the vision being created for future generations.”

“The wonders of the future are taking shape today through the choices, creativity, and determination of pioneering urban planners and developers.”

In that global narrative, Vinhomes Green Paradise stands as a powerful testament to Vietnam’s ambition: A city where geography itself is a wonder, where growth does not compromise the future, and where nature, technology, and humanity evolve together, creating a legacy not just for Vietnam, but for the world.

Hashtag: #Vinhomes

The issuer is solely responsible for the content of this announcement.

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