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.
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 ...
View more details
To satisfy its growing demand for crops and other agricultural products, China - the world's second most populous country and second biggest economy - needs fertilisers to balance food supply with demand. The country has just 9% of the world's arable ...
View more details
The countries of the Association of Southeast Asian Nations (ASEAN) are a vastly diverse and uneven landscape in terms of infrastructure development. For instance, Singapore is a perennial global leader in infrastructure quality whereas other ...
View more details
Thailand's consumer goods and retail sector has matured substantially in recent decades, coinciding with the country's rapid economic growth. The domestic demand for discretionary spending is driven by the growing middle and affluent classes in ...
View more details
In recent years, the Philippines' consumer products and retail sector has experienced rapid growth, which a burgeoning middle class and a youthful population have facilitated. The Philippines' resilient household income growth has been bolstered by ...
View more details
The Brazilian fintech sector features a variety of players and services. Despite the large number of companies operating through online platforms and providing innovative financial services in Brazil, only 258 of these firms were being monitored by ...
View more details
In H1 2024, China's total retail sales rose by 3.7% y/y to RMB 23,597bn, indicating the steady growth of the country's consumption market. Due to the crucial role of consumption in the economy, the Chinese government laid great emphasis on the ...
View more details
Poland is making rapid progress transforming its energy sector, with its coal-generated energy decreasing in 2023 by 10pp, to 63%. While this corresponds to a 3pp increase in the share of gas as a transition source, wind and solar energy remained the ...
View more details
In Q1 2024, sales of new motor vehicles in Brazil stood at 514,571 units, increasing by 9.1% y/y but falling by 24.2% against the previous quarter. Passenger cars were the largest segment with a market share of 73.2% in Q1 2024, followed by light ...
View more details
The oil and gas sector powers the economies of a number of countries in ASEAN, playing a key role in meeting the rising energy needs of one of the fastest growing regions of the world. Major oil and gas producers in the region are Indonesia and ...
View more details