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 Indian electronics industry faces substantial volatility from the United States' imposition of retaliatory tariffs on imports. The tariffs have expressly excluded specific electronic devices. However, India's goal of assuming a more significant ...
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Colombia's agribusiness sector plays a vital role in the national economy, accounting for 6.3% of GDP and 13.3% of total employment in 2024. That year, it represented 17.3% of the country's total exports. Colombia is among the world's leading ...
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The Polish banking sector maintains its position as the leader in Central and Eastern Europe (CEE) by asset size, demonstrating exceptional resilience and profitability through 2024-2025. Following the National Bank of Poland's aggressive monetary ...
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Thailand's telecommunications market is characterised by a high degree of maturity and a strong mobile-first orientation, underpinned by aggressive network deployments and supportive government policies. While the overall information and ...
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Brazil is one of the largest telecoms markets globally; in 2023 it ranked fourth for fixed broadband services and eighth for mobile telephony services in terms of subscribers. The ICT industry (which encompasses the telecoms sector) is a key ...
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According to the International Renewable Energy Agency (IRENA), Brazil ranked third globally in 2023 for renewable energy installed capacity, totalling 194,084 MW, behind only China (1,453,701 MW) and the United States (385,204 MW). This achievement ...
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Singapore has emerged as a global air and sea transportation centre as a result of its dynamic export-oriented economy, its advantageous geographical location in the heart of Southeast Asia and the consistent efforts of policymakers. Despite the ...
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Malaysia's renewable energy sector is expanding, driven by ambitious government targets, solid policy frameworks and strong domestic and foreign investment interest. Total installed renewable energy (RE) capacity reached 9.45 GW in 2024, up from 9.29 ...
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China's mobile communications equipment sector can be broadly divided into two sub-sectors: communication terminal equipment (e.g., mobile handsets) and communication station equipment (e.g., base stations and IoT communication modules). In 2024, the ...
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The transportation sector is essential to the strategic running of the national economy, as well as an important service industry. In 2024, the added value of China's transportation sector accounted for 4.4% of total GDP. During the year, China's ...
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