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 total sales revenue of China's car parts sector reached RMB 4.62tn in 2024, which represented an increase of 4.8% y/y, according to data released by the China Business Intelligence Network (AskCI). By the end of 2024, the number of China's car ...
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The Singaporean real estate sector experienced moderate growth from 2019 to 2024, expanding by 4.8% y/y in 2024. A significant factor contributing to revenue growth in the real estate sector throughout the year was the rise in rents, resulting in ...
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In 2024, China's total cement production declined by 9.6% y/y to 1.83bn tonnes, the lowest in the past decade. Due to weak market demand, most cement products witnessed a price fall during the year. Meanwhile, energy consumption control and the green ...
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The insurance sector plays a crucial role in the Philippine economy, particularly given the country's high vulnerability to natural disasters, which disproportionately impact the most vulnerable segments of society. Despite its importance, the market ...
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India is the world's third-largest producer and consumer of electricity, with a total installed capacity of 475.2 GW as of FY2025. A landmark achievement during the year was the crossing of 100 GW in installed solar capacity, which helped raise the ...
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Insurers have been operating in the Malaysian market for more than a century. Malaysia has a globally recognised takaful industry that complements the conventional insurance industry. Malaysia's takaful operators offer a Shariah-compliant alternative ...
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The investment, design, construction, operation and management of ports, roads, bridges, trains, urban rail transport, municipal infrastructures, buildings, environmental protection and associated projects domestically and internationally make up the ...
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India is the second-largest telecom customer base in the world, second only to China. Despite India becoming the most populous country in the world in 2023, China's telecom subscriber base remains significantly larger. India continues to report ...
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The Indian consumer goods and retail sector demonstrated bright prospects in H1 2025 driven by favourable macro-economic and policy conditions. The strong performance of the sector was driven by influenced by favourable economic conditions, such as ...
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India's banking sector is composed of public sector banks, private sector banks, foreign banks, small finance banks, co-operative banks (urban and rural), and non-banking financial institutions (NBFIs). The sector remains regulated and governed by ...
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