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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 in💫surance brokerages, pension funds, health and welfa🃏re funds, monetary authorities, stock exchanges, and collection and credit agencies.
Steel sector is both the backbone of Indian economy as well as a growth ♉promising sector. The growth of the sector is well supported by the availability of raw material such as iron ore and cost effective labour in the country. The government🎐 has ...
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Thailand’s pharmaceuticals and healthcarꦅe sector has developed considerably over the past few decades. The Thai government initiated its plan to deliver universal healthcare to all Thais in 2002, which has proven so successful that more than 99 ...
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In FY2019, the Indian automotive industry regist💮ered new record high volumes in output and domestic sales. However, the economic deceleration in FY2020 ended the growing trend of the industry which was partially compensated by a new record high in𒆙 ...
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The Philippines’ real estate sector c🃏ontracted by 6.8% y/y in 2020 because of the COVID-19 pandemic. However, the market is anticipated to bounce back by 2022 as a result of an anticipated rise in demand from industries such as IT-BPM and ...
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The Philippines’ food and beverage (F&B) sector is a vital cog in the country’s consumption-driven econo📖my. On the on🍒e hand, it supplies food and beverages to roughly 100mn Filipinos and offers jobs to both skilled and unskilled ...
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🐷Natural gas continues to outpace crude oil as China’s leading hydrocarbon resource in terms of exploration and development. In 2020, China's natural gas out✃put increased by 9.8% y/y to 192.5bcm. Coalbed methane production totalled 6.7bcm, up by ...
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Having ⛦made it through the COVID-19 crisis, Chines🐽e manufacturers are now facing another uphill battle: soaring energy prices and power outages, a new reality that is here to stay, at least for a while. Manufacturers, which have been driving ...
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The mining sector plays a crucial role in China’s economy, as it provides coal, ir♏on ore, and numerous non-ferrous minerals, which are essential raw materials for the country’s industry. China is currently the world’s largest ...
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China’s telecommunications sector is among the sectors that were least impacted by the ♔COVID-19 pandemic, as the lockdown measures encouraged the demand for online communication. 🐲;In Q3 2021, the total revenue of China’s ...
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The sector has been witnessing a momentous evolutio꧋n from a formerly generics𝓀-based into one that nourishes more value-added R&D activities. Imported innovative treatments are also allowed for faster market entry in China, ...
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