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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.
Indonesia’s tourism and leisure sector remains underdeveloped, especially in comparison toꦿ regional peers Thailand and Malaysia. The direct contribution of travꦆel and tourism to the country’s GDP in 2017 was just 1.9%, compared with 9.4% ...
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India’s electric power sector, comprising generation, transmission and distribution, is a key ena🥃bler of the country’s economic growth. Globally, India is the third-largest producer of power, after China and the US. Total electricity ...
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The Pharmaceuticals & Healthcare sector in the Philippines is in a phase of accelerating growth as strong economic performance in 📖the country has been making healthcare more accessible to Filipinos. Additionally, the Philippines government has ཧ...
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Thailand 🌱tourism & leisure sector plays a sig⛄nificant role in the national economy. According to World Travel & Tourism Council (WTTC), the sector made a direct contribution of THB 1.4tn to the economy in 2017, and the number increases to THB ...
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Construction has always been a favoured tool of the Chinese authorities for stimulating the econℱomy and its development closely reflects that of GDP. The slowdown of China’s economy has resulted in more ba♓lanced growth of the sector during the ...
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The revenue of China’s textile sector ꦆin the second quarter of 2018 plummeted by 25.7% y/y to RMB 818.8bn, due to decreased sales of textiles. With the stringent environmental protection policies of the Chinese government toward some of the ..🌟.
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In the second quarter of 2018 the revenue of China’s rubber products sector contracted by 24.7% y/y to RMB 220.3bn, as a result of the decline in production and sales volumes. In this period, the sales revenue of the largest s💖ubsector – ...
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In the second quarter of 2018 the revenue of China’s rubber products sector contracted by 24.7% y/y to RMB 220.3bn, as a result of the decline in production and sales volumes. In this period, the sales r𝓀evenue of the largest subsector – ...
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China’s retail sector continued to grow in Q2 2018, although the pace of growth slowed ▨down to 3.7% y/y. The sector was driven by strong domesti꧑c consumption which contributed 78.5% to the country’s economic growth in the first half of ...
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Demand for the products and services of the Pharmaceuticals & Healthcare sector has been growing 🧜strongly in Thailand over the past few years. Thailand has one of the most rapidly aging societies in Asia. The country’s rising affluence has ...
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