Secure shopping
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.
The agriculture sector contributed 7.3% to Malaysia’s GDP in 2019, down from 8.3% in 2015 and 10% in 2010. With a share of 36.5%, palm oil was the major contributor to agricultural sector GDP in 2019, followed by livestock (15.9%), and fishing ...
View more details
India reported an installed capacity for electric power generation of 356.1 GW in FY2019, rising by a CAGR of 6.68% from FY2015 to FY2019. Gross electricity generation was 1371.8 TWh in FY2019, growing at a CAGR of 5.27% from FY2015 to FY2019. India ...
View more details
Transportation services and infrastructure are a powerful enabler of economic growth in India. Rail and road dominate passenger carrying services. Freight carrying within India is done mostly by road and rail, while foreign trade is dominated by ...
View more details
China’s telecommunications sector reported steady growth in the first quarter of 2020, with the total revenue of the industry rising by 1.8% y/y to RMB 338.3bn. The fixed-line revenue generated by China’s three major telecom operators - ...
View more details
Brazil was hit particularly hard by the COVID-19 pandemic, which by end-June 2020 had killed close to 60,000 people and had virtually halted the economy. Before the pandemic, Brazil was still slowly recovering from the 2015-2016 economic recession. ...
View more details
Malaysia’s banking sector is dominated by local banks that controlled 80% of total sector assets as of end-2019. A third of the 53 banks operating in the country in 2019 were foreign owned. Out of the total, 26 are commercial banks, 16 are ...
View more details
Indonesia is home to the largest automotive market in Southeast Asia. Nearly 7.5mn motor vehicles were sold in the country in 2019. More than two thirds of these, however, were two-wheelers. Low incomes make passenger-car ownership difficult for most ...
View more details
Indonesia is the world’s third largest producer and consumer of rice and the largest producer of palm oil. The country is also the third largest producer of cocoa and ranks second in terms of wheat imports. Given its large population, Indonesia ...
View more details
Chile is a relatively small economy, ranking 43rd globally and fifth in Latin America in 2019 according to the IMF. However, its retail sector is well developed, mature and sophisticated, and in many aspects on a par with those of developed countries ...
View more details
The extraction of oil and gas is one of Argentina’s main economic sectors, accounting for 8% of GDP and 2.5% of exports in 2019, as well as 1% of total employment at the end of that year. After a decade of underinvestment, the production of ...
View more details