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.
Renewable energy is central to China's efforts to meet its growing energy needs, while tackling environmental challenges. As the world's largest market for renewable energy investment, China's clean-energy technologies contributed over 10% to its ...
View more details
Driven by global climate governance and China's dual carbon goals — aiming for carbon emissions peaking by 2030 and achieving carbon neutrality by 2060 — the environmental protection industry has evolved from traditional pollution control into a ...
View more details
The total sales revenue of China's car parts sector reached RMB 4.62tn in 2024, which represented an increase of 4.8% y/y, according to data released by the China Business Intelligence Network (AskCI). By the end of 2024, the number of China's car ...
View more details
The Singaporean real estate sector experienced moderate growth from 2019 to 2024, expanding by 4.8% y/y in 2024. A significant factor contributing to revenue growth in the real estate sector throughout the year was the rise in rents, resulting in ...
View more details
In 2024, China's total cement production declined by 9.6% y/y to 1.83bn tonnes, the lowest in the past decade. Due to weak market demand, most cement products witnessed a price fall during the year. Meanwhile, energy consumption control and the green ...
View more details
The insurance sector plays a crucial role in the Philippine economy, particularly given the country's high vulnerability to natural disasters, which disproportionately impact the most vulnerable segments of society. Despite its importance, the market ...
View more details
India is the world's third-largest producer and consumer of electricity, with a total installed capacity of 475.2 GW as of FY2025. A landmark achievement during the year was the crossing of 100 GW in installed solar capacity, which helped raise the ...
View more details
Insurers have been operating in the Malaysian market for more than a century. Malaysia has a globally recognised takaful industry that complements the conventional insurance industry. Malaysia's takaful operators offer a Shariah-compliant alternative ...
View more details