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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.
Peru is 🐲among t♔he leading global players in the production of metallic minerals. In 2017, the country ranked second in the world in terms of silver, copper and zinc output, with global shares of 17.2%, 12.4% and 11.2%, respectively. Moreover, it was ...
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Chin♔a is further extending its lead as the largest ICT market gloཧbally, leading both in terms of mobile and internet users, while still retaining a lot of potential. The industry had experienced a robust growth before 2014, often ...
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Agriculture plays an important role in the economic and rural development of M𝕴alaysia. Commercial crops such as palm oil, rubber, and cocoa are processed into higher value-added products that are the country’s main agricultural ...
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Indonesia is the largest producer of electric power in the ASEAN region. Yet, the country had an electrification rate of 91.2% in 2016, lagging behind ot🔯her countries ꧙in the region such as Singapore, Malaysia and Thailand. The government ...
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India was once wholly dependent on domestic production to meet its consumer electronics demand. However, after the Indian economy was liberalised in 1991, multinational brands from countries like South Korea, Japan, and Taiwan floode🦄d the ...
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India houses one of the fastest-growing auto industries in the world. The 🍷market has surged from INR 1.87tn in FY2008 to more than INR 5tn in FY2016, and the g♔overnment expects it to grow to INR 19tn by FY2026. Autos accounted for 6.3% of ...
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As the world’s most populous country with a fast𓃲-expanding eco🐽nomy, China is a major energy consumer. The country was the second-largest consumer of crude oil and the third biggest consumer of natural gas in 2016. China is also a ...
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Indonesia is the largest automotive market in the ASEAN region and the second largest motor vehicle manufacturer, after Thailand. In 2017, Indonesia’s automotive sector contributed about 2% to the cou༒ntry’s GDP and accounted for ...
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The😼 automotive sector in Hungary plays an important role in the country’s economy and exports. In 2016, the transport equipment GVA represented a 4.5% share in the🔜 country’s GDP. In 2016, the transport equipment sector accounted ...
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O🌟ver the 2014-2016 period, the automotive industry of Argentina experienced a sharp drop in production and sales, after a robust expansion between 2003 and 2013. Several factorܫs contributed to this downward trend: the contraction of the ...
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