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Banking and insurance
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.
Since the 1970s, the Malaysian government has acknowledged infrastructure development as a crucial factor in the country's transition toward industrialisation. During this time period, the Malaysian government explored and used public-private ...
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The steel industry is a crucial driver of economic growth and development in India. Steel is a key raw material for a wide range of industries, including automobiles, construction, and transportation. The steel industry has strong forward and ...
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The insurance sector in Colombia is a competitive market with established players of both local and foreign origin. Slowly, but steadily, insurance products are gaining relevance in Colombia, leading the sector to outgrow the national economy each ...
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In 2022, agriculture, fisheries, and forestry will account for 8.92% of Malaysia's GDP and employ 12.1% of the labor force. Palm oil, rubber, cocoa, and timber products account for roughly half of the output, with tropical fruits and rice also ...
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The Philippines is an archipelago comprising more than 7,000 islands. This means that constructing a reliable overland transport network interconnecting all cities, towns and communities would be an almost impossible feat. Thereforeр an intermodal ...
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More than 90% of Malaysia's energy requirements are met by fossil fuels, with natural gas accounting for approximately 40%, petroleum products, for 34% and coal, 22%. Over the ten-year forecast period (2023-2032). If the current trends remain in ...
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Malaysia's electric power sector consists of three geographical markets, namely Peninsular Malaysia, Sabah (including Labuan) and Sarawak. Tenaga Nasional Bhd (TNB) is the main utility provider in Peninsular Malaysia, and its counterparts in Sabah ...
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The Food and Beverage (F&B) industry in Malaysia, a vital contributor to the economy, was valued at MYR 34.0bn and has been growing at a fast pace, registering a growth of 18.9% y/y in 2022. The food processing industry, which accounted for 8.1% of ...
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In FY2022, the mining and quarrying sector contributed approximately 1.83% of India's nominal GVA. As of FY2022, minerals and ore represented 0.9% of total exports and 5.38 % of total imports. India produces four fuels, 10 metallic minerals, 23 ...
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Thailand's pharmaceuticals and healthcare sector has developed considerably over the past few decades. The Thai government began offering universal healthcare to all Thai citizens in 2002, a successful initiative that extends public healthcare ...
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