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, 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.
In the second quarter of 2020, the performance of China’s chemical sector improved under the influence of multiple favourable factors such as the reduction of cost pressure, recovery of market demand, and the effect of relevant ...
View more details
China beverage sector’s revenue decreased by 0.1% y/y to RMB 383.9bn in the second quarter of 2020, reflecting the fallout of the coronavirus pandemic. ?Beverage retail sales in April-June 2020 increased by 9.4% y/y to RMB 55.9bn, ...
View more details
Supported by a rebound of economic growth and an array of government policies to stimulate car consumption, the automotive sector in China witnessed double-digit growth both in production and sales during Q2 2020. The automotive production ...
View more details
The importance of developing the transportation sector in Thailand has gained significance as the country is being promoted as a regional trading hub and an attractive destination for tourism. Reducing logistical challenges is on the ...
View more details
Southeast Asia holds an estimated 45.7 Bbbl of crude oil reserves as of end-2019, according to data published in the 2020 edition of BP Statistical Review of World Energy. This translates into a global share of 2.6% ...
View more details
The continued economic recession in Argentina in 2019 pushed down the production and the sales of motor vehicles by 32.5% y/y and 42.8% y/y, respectively. Moreover, production figures were the lowest since 2004 and sales figures were the ...
View more details
Indonesia’s banking sector is growing fast but remains underpenetrated compared to other large Asian economies. The biggest economy in Southeast Asia, Indonesia has the lowest bank asset penetration ratio in the region at just 55% in ...
View more details
In the fourth quarter of 2019, China’s production volume of API declined by 12.7% y/y to 633,000 tonnes, mainly due to the environment-driven production cuts. The decline in output dragged down the sales volume of API, which dropped ...
View more details
China produces one-third of the world’s meat, a quarter of the world’s fruit, and a quarter of the world’s beer. It consumes half of the world’s vegetables and a third of the world’s baijiu. It is also the ...
View more details
As one of the world’s largest economies, China relies heavily on coal to ensure the stable operation of its main industries, including power generation and steel. Domestic demand is satisfied by vast domestic deposits and imports ...
View more details