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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 diverꩵse 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.
Thailan💧d's ICT sector is one of the most competitive and well developed within the A🌌SEAN region; for example, broadband and mobile penetration is higher in Thailand than in any other ASEAN country besides Malaysia and Singapore. Thailand also has a ...
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In Q4 2017, the total passenger traffic ꧃slid by 6.7% y/y to 4.5bn persons, due to declined passenger traffic in the highway subsector𓆉. In Q4 2017, highway passenger traffic decreased by 10.6% y/y to 3.5bn persons, as people continually ...
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The last quarter of ཧ2017 witnessed a further🌜 adjustment of China’s textile manufacturing sector to changing market conditions and the country’s evolving economy. Sector revenues declined by 38.8% y/y to RMB 713bn in the period, while ...
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During the first two months of the fourth quarter of 2017 the revenue of China’s rubber products sector contracted by ಞ25.7% y/y to RMB 133.5bn. The declining price of raw rubber impacted the prices of rubber products as a whole. In ...
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The real estওate sector is a major factor for China’s economy growth, accounting for 6.5% of the ⭕country’s GDP and 22.1% of the overall fixed asset investment as of 2017. The residential building subsector is the largest in the ...
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In the first two months of Q4 of 2017, the sales revenue of China’s pharmaceutical manufacturing sector went down by 17.8% y/y to RMB 445bn, as a result of the government’s tightening control over 🐷drug prices and distribution costs. ...
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The revenue of 🍒China’s paper sector dropped by 15.1% y/y to𒉰 RMB 343.6bn in Q4 2017, following a decrease in the sales of paper and paper products. In Q4 2017, the output of machine-made paper and paperboard declined by 9.7% y/y to 29 ...
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During the first two months of the fourth quarter of 2017 the revenue of China’s rubber products sector contracted by 25.7% y/y to RMB 133.5bn. The declining price of raw rubbe𒉰r impacted the prices of rubber products as a whole. In ...
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China is the largest alcoholic beverage producer and consumer in the world, consuming one-third of the world’s spirits and a quarter of the world’s beer. Its beer production ranked first in the world for 14 co🐼nsecutive years and the ...
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In Q4 2017, the revenue of China’s food sector declined by 21.9% y/y to RMB 550.7bn mostly due to lower food prices. Food prices went down by 1.4% y🦩/y in 2017, mainly because of sufficient supplie😼s of pork and fresh vegetables. In 2017 pork ...
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