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.
India's pharmaceutical and healthcare sector is world-renowned. India's reputation as the "pharmacy of the world" was earned from its extensive production of generic medications and vaccines. For instance, Serum Institute of India, a vaccine producer ...
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The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In 2024, the added value of the construction industry accounted for nearly 6.7% of the national ...
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The rising demand for high-value-added internet-based services is shaping the Polish telecoms industry, with firms concentrating their efforts on the provision of fixed and mobile broadband services as their customer base showed the most dynamic ...
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Singapore has one of the most sophisticated and mature telecommunications markets in Asia, with mobile devices connected almost exclusively to ultra-fast 4G and 5G networks and wireline connectivity that is nearly 100% based on fibre, from the ...
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Singapore's electronics sector remains a central pillar of the national economy, contributing approximately 8% to GDP and 38% of fixed asset investments. It is globally significant, producing around 10% of the world's semiconductors and serving as ...
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In 2024 Singapore's banking system remained resilient, supported by strong capital and liquidity buffers. Loans to non-bank entities started to expand, driven by credit to resident borrowers, which was supported by rising consumer confidence and a ...
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In Q4 FY2025, average Brent crude prices stood at USD 75.8/bbl, an 8.7% y/y decline, in contrast to a 1.6% q/q increase. In January, Brent crude averaged USD 79.3/bbl, a 7.3% m/m rise, driven by U.S. sanctions on vessels linked to the Russian ...
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The Philippines is a young nation with rising data needs - a key growth driver for the telecommunication sector and especially for its fixed broadband sub-sector. The government's initiatives to expand digital penetration, recognising it as an ...
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The agribusiness sector plays a significant role in the Chinese economy, generating over 7.9% of the country's GDP (at constant prices) in 2023, down slightly by 1pp compared to 2022. The government is making constant efforts to ensure stable and ...
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The real estate sector is a major pillar of China's economy and plays a crucial role in the country's economic growth. China's real estate sector continued to face downward pressure in 2024, although positive signs emerged in the last quarter of the ...
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