Secure shopping
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, investmenﷺt 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.
T🍰he Philippines’ real estate sector contracted 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 ...
极速赛车168开奖官网开奖:View more details
The Philippines’ food and beverage (F&B) sector is a vital cog in the country’s consumption-driven economy. On 🔯the one hand, it supplies food and beverages to roughly 100mn Filipinos and offers jobs to both skilled and unskilled ...
极速赛车168开奖官网开奖:View more details
According to the 2019 Global Competitiveness Index of the World Economic Forum (WEF), there are significa🐬nt disparities between th⭕e economies of ASEAN countries. For example, while Singapore was deemed the world’s most competitive ...
极速赛车168开奖官网开奖:View more details
The Mexican agriculture sector, including crop, livestock and fisheries, plays a key role in the domesti🐼c economy. Agriculture GVA accounted for 3.8% of GDP in 2020, and the sector is among the large๊st employers in the country ...
极速赛车168开奖官网开奖:View more details
Renewables are the second largest source of electricity in the Philippines. They contributed to a fifth of the country’s power generation in 2020, after coa𝔉l, and ahead of natural gas and oil. The share of renewables is set to further ...
极速赛车168开奖官网开奖:View more details
The transportation sector accounted for 3.1% of the national GDP in 2020. The main sector performance in꧑dicators showed an y/y decrease in 2020 due to the negative COVID-19 pandemic impact. An exception to this were postal and courier ...
极速赛车168开奖官网开奖:View more details