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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 investme൲nt activities. Th♑e sector also includes insurers, re-insurers and insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies.
Malaysia is self-sufficient in terms of power generation, with natural gas and coal being the ma🌠in fuels used in power generation. The Malaysian market comprises three main utilities companies that have the largest market share in the power ...
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Malaysia i🌼s the third-largest motor vehicle manufacturer and market in the ASEAN region, behind Thailand and Indonesia. The domestic market is dominated by passenger vehicles, which represented 56.4% of total sales in 2015. Two national brands, ...
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The development of the ICT sector in Malaysia has been spearheaded by the Malaysian government since the 1990s, with the vision of developing a ꧅knowledge society by 2020. This has meant that the Ma🐬laysian government has actively fostered ...
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The Malaysian food and beverage (F&B) industry is a fast-growing industry characterized by ♏a large export market. Malaysia’s most significant F&B exports are in the oils and fats category, particularly palm oil-baꦏsed products, for which ...
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