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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.
Ac🐎tivities 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 fu🍸nds, monetary authorities, stock exchanges, and collection and credit agencies.
Malaysia’s power sector is divided into three sub-markets, namely Peninsular Malaysia, Sabah (including the federal territory of Labuan), and Sarawak. Tenaga Nasional Bhd (TNB) is the main util﷽ity in Peninsular Malaysia, while Sabah Electricity ...
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China’s aviation💖 sector is of key importance to the national economy, reflecting its increasing level of modernisation and robust growth. Ch⛎ina’s vast territory and its geographical location assign the aviation sector a role that other ...
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Indonesia, home to abundant coal and gas reserves, relies on fossil fuels to gen🎃erate nearly 90% of its electricity. Coal is the dominant fuel, accounting for 59% of electricity generation in 2017. The share of renewable energy resources (RES) in the ...
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As the growth of China’s GDP and car sales have slowed, the expansion of its car parts industry has decelerated too.😼 Statistics publishe🐭d by Chinese research consultancy Qianzhan Intelligence estimate the total sales revenue of China’s ...
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China’s healthcare sector continued to grow in Q4 2018, largely stimulated by the expansion of online healthcare services. The growth was attributed to inc🌄reasing demand for quality healthcare, driven by the country’s strong economic ...
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The revenue of China’s food sector registered a slight increase of 1.9% y/y to RMB 461.4bn in the last quarter of 2018. The revenue in 2018 slumped by 17.1% y/y to RMB 1,834.8bn, mainly dꦦue to an 8.1% decline in pork prices. The total 🎉profit of ...
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The Philippine transportation sector accounted for 3.6% ofꦯ national GDP in 2018. Though suffering from under-investment in recent decades, transportation has excellent prospects for the future as adding transport-related infrastructure has been among ...
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China produces one-third of the world’s meat, a🐎 quarter of the its fruit and one-fourth of its beer. It accounts for🐭 one half of global consumption of vegetables and a third of the baijiu consumed in the world. It is also the world’s ...
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The revenue of China’s beverage sector continued to decline in 2018, mainly due to decrea𒈔sed sales of soft drinks and baijiu. Beverage retail sales in Q4 2018 were down by 1.6% y/y to RMB 53.2bn, and in 🙈the full 2018 they fell by 10.3% y/y to ...
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