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.
Indonesia’s insurance sector has low penetration and density rates, which explain its underdeveloped status. The sector generates less than 1% of the country’s GDP, while its premium income was equivalent to 1.95% of GDP in 2017 ...
View more details
The Indian retail sector is one of the fastest growing in the world, thanks to a favourable demographic profile and strong economic growth. Organised retail remains at a nascent stage of development, accounting for only 9% of total FY2018 retail ...
View more details
Investment in China’s real estate sector accelerated in the first quarter of 2019. The value of investment reached RMB 2,380bn, which represented a growth of 11.8% compared to that in the same quarter of the previous year. Investment ...
View more details
Tourism and leisure contributed MYR 84.1bn (5.9% of GDP) directly to Malaysia’s economy in 2018, making it a priority sector for the government which has allocated a single ministry – the Ministry of Tourism and Culture ...
View more details
Indonesia’s transportation sector plays an important role in the economic development of the archipelago country, which consists of more than 17,000 islands. The transportation and storage sector contributed 5.4% of GDP at current prices in ...
View more details
Construction is the sixth largest economic sector in Colombia, accounting for 6.5% of the country’s GDP, 5.9% of total FDI inflow and 6.7% of formal employment in 2018. Over the 2013-2018 period, the construction sector expanded its GVA at a ...
View more details
Motor vehicle production was one of the sectors most affected by the recession that began in Argentina in the second quarter of 2018. The deterioration of macroeconomic conditions in 2018 pushed down both the domestic production and the sales of ...
View more details
Indonesia relies on the oil and gas sector to earn a significant chunk of its budget revenue, with the sector playing an important role in the country’s economy. It generated 7.71% of the country’s gross domestic product (GDP) ...
View more details
The liberalisation policy of 1991 opened doors India’s vast population to an array of international products. The consumer electronics market grew manifold, and is expected to hold steady in the future as well, owing to high ...
View more details
China is the world’s second largest pharmaceutical market after the US and the largest producer and exporter of active pharmaceutical ingredients (APIs) globally. Since it is the world’s most populous country, with a large share of ageing ...
View more details