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.
Thailand's ICT sector has been growing at a steady pace over the past few years. Major growth drivers have been the rapid technological advancements, increased internet penetration, and businesses transitioning from traditional to digital services. ...
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Transport infrastructure development is a crucial factor in boosting Indonesia's economic growth, given the fact that the country's territory covers the world's largest archipelago, totalling more than 17,000 islands. The Indonesian transportation ...
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In Q3 FY2024, Brent crude prices averaged USD 83.8/bbl, a decline of 3.3% q/q and 5.4% y/y due to high stockpiles in the US and a slowdown in China, raising concerns about sustained demand. In each of the months of Q3 FY2024, Brent crude prices ...
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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 is regulated and governed by the ...
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India is one of the world's most significant food & beverage producers. It occupies leading positions in the global production of rice, wheat, maize, centrifugal sugar, soybean meal, soybean oil, coffee, banana, poultry meat, milk, and shrimp. ...
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Indonesia is an important global supplier of key crops such as rice, palm oil, rubber, banana and coffee. The country is also prominent in the production of rubber, coconut, sugarcane, mango, pineapple, oranges, tangerines, poultry meat and ...
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The retail and consumer goods industry in Malaysia contributes substantially to the nation's gross domestic product (GDP). In addition to e-commerce platforms and specialty stores, hypermarkets, convenience stores, and supermarkets comprise this ...
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Singapore has positioned itself as an internationally significant and influential financial centre and its success in doing so is largely underpinned by the active role of the Monetary Authority of Singapore (MAS), the nation's defacto central bank, ...
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India's construction sector is a cornerstone of the national economy, playing a pivotal role in employment generation, the creation of state-of-the-art infrastructure, housing development, and contributing to economic growth through its multiplier ...
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In 2022, Brazil was among the top 10 largest telecom markets globally by number of subscribers, according to the International Telecommunication Union (ITU). The country ranked fourth by number of fixed broadband users, seventh for mobile telephony ...
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