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.
The Philippines has the fifth largest insurance sector in the ASEAN region, although insurance penetration and d♍ensity remain lower in the Philippines than in many of its more developed 𒁏ASEAN counterparts. The relatively undeveloped state of the ...
极速赛车168开奖官网开奖:View more detailsWith a population of some 31.9mn, Malaysia is one of the more developed co෴untries in the ASEAN region. In 2016 the construction and real estate sector collectively employed 1.3mn peo💦ple, accounting for 9.4% of total employment. That same year, ...
极速赛车168开奖官网开奖:View more detailsThe travel and tourism sector plays a significant role in Malaysia’s economy, d🔯irectly contributing 4.7% to Malaysia’s 2016 GDP and accounting for 12% of total employment. Thus, travel and tourism receives considerable attention from the ...
极速赛车168开奖官网开奖:View more detailsChina's healthcare system is hospital-centric, with public hospitals delivering approximat💎ely 90% of the inpatient and outpatient care consumed in the country in both hospitals and basic medical institution💧s. Nearly 40% of hospitals’ revenue is ...
极速赛车168开奖官网开奖:View more detailsAlongside developing renewable energy projects in line with plans to reduce the share of coal power in the country’s generation mix, the government is working to reform the thermal power sector and mak🍒ꦡe coal-fuelled plants more efficient and ...
极速赛车168开奖官网开奖:View more detailsDespite the emergence of new global suppliers, China remains a major power in the field of textiles. The country is a global leader in the production and exports of cotton textiles, accounting for 36.7% of the global exports of cotton textiles and 𓆏...
极速赛车168开奖官网开奖:View more detailsChina is the world’s second largest pharmaceutical market after the US and the largest producer and exporter of active pharmaceutical iಌngredients (APIs) globally. Since it is the world’s most populous country, with a large share of ageing ...
极速赛车168开奖官网开奖:View more detailsChina’s transportation sector is almost entirely run by🔴 state-owned corporations, as its development is viewed as a major driver for the country’s economic growth. In the railways subsector, there was extensive construction of new ...
极速赛车168开奖官网开奖:View more detailsAt the end of 2016 there were 163 insurance institutions operating in the People’s Republic of China, of which roughly 30% were foreign-funded or joint ventures. Traditional i⛄nsurance subsectors, such as life insurance and property insurance, ...
极速赛车168开奖官网开奖:View more detailsThailand has one of the largest insurance markets in the ASEAN region, ranking second (after Singapore). Thailand’s insurance sector consists of both local and foreign companies, with local companies⭕ possessing a greater share of the market. ...
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