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Banking and insurance
The Banking & Insurance sector – often referred to as the lifeblood of the real economy – is of vital importance in the modern credit-driven economic growth model. Among its functions are intermediation between savers and borrowers, ensuring funds are allocated efficiently; support of payment and settlement systems that facilitate trade and international economic relations; and provision of various products that mitigate risk and uncertainty. The accelerating pace of technological change, stricter regulation and shifting consumer habits are reshaping the traditional banking model and pushing the sector towards innovation-led growth.
Activities associated with Banking & Insurance are depositary and non-depositary credit intermediation and related activities, investment banking, securities brokerage, commodity contracts dealing and diverse financial investment activities. The sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
ASEAN countries have set ambitious goals to transition away from fossil fuels. Under Phase II of the ASEAN Plan of Action for Energy Cooperation (APAEC), which covers the period from 2021 to 2025, the region has committed to achieving a 23% renewable ...
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Indonesia's construction sector is a key driver of economic growth and a major contributor to employment. The sector generates a tenth of the national gross domestic product (GDP) and employs more than 9mn people. In recent years, the sector has been ...
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Often referred to as "the kitchen of the world", Thailand has gained this recognition due to its prominent role as a global food exporter, and its rich culinary heritage and diverse cuisine. The food and beverage industry is a key sector for the Thai ...
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Designed to resolve some legal and regulatory uncertainties, the new Electricity Law of 2024 (Law Number 61/2024/QH15) and Decision 768/QD-TTg build upon the renewable energy capacity developments that have been made since 2017. The conclusion of ...
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Vietnam's transportation sector incorporates the complete spectrum of transportation modes, such as aviation, coastal, sea and inland waterway shipping, road and rail transport, but road transport is used to move the majority of both passengers and ...
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The automobile industry is one of the most important pillars of the Indian economy, accounting for over 40% of the country's manufacturing output and contributing around 6 to 7% to GDP, while providing employment to more than 30 million people both ...
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The Middle East and North Africa (MENA) countries have seen a rise in ambitious, long-term national development plans, which are fundamentally reshaping the region's investment and infrastructure landscape. Key among these are Saudi Arabia's Vision ...
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Latin America occupies a crucial position in the global agribusiness landscape, contributing across the entire agricultural value chain, from grain crops and poultry to fisheries and fruit. Countries like Brazil, Mexico and Argentina are regional ...
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China's healthcare system is hospital-centric, and most inpatient and outpatient care in the country is delivered by public hospitals and basic medical institutions. However, due to growing demand for specialised healthcare and high-quality medical ...
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China's telecommunications sector is relatively concentrated, with a few large state-owned enterprises. However, the government has also introduced new measures to allow more market participants in the sector to boost investment in emerging areas ...
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