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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 insurance brokerages, pension funds, health and welfare funds, monetary authorities, stock exchanges, and collection and credit agencies. 🌳
Thailand’s pharmaceuticals and healthcare 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 th𒁃at more 🧔than 99 ...
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Thailand’s real estate sector continued to expand in the past decade as the country developed. Real estate activities are maඣinly concentrated in the Bangkok Metropolitan Region (BMR) and the Eastern Economic Corridor (EEC), while ...
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According to the 2019 Global Competitiveness Index of the World Economic Forum (WEF), there are sig𝄹nificant disparities between the economies of ASEAN countries. For🐈 example, while Singapore was deemed the world’s most competitive ...
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Thailand is the largest producer of four-wheel vehicles in the ASEAN region and the 11th largest vehicle producer in the world. Additionally, the Thai four-wheel vehicle market is ♕the second-largest in ASEAN and the 17th-largest market in ...
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