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.
Malaysia is the third-largest motor vehicle manufacturer and market in the ASEAN region, behind Thailand and Indonesia. The domestic market is dominated by passenger vehicles, which represented 56.4% of total sales in 2015. Two national brands, ...
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Construction is the sixth-largest economic sector in India, accounting for 7.8% of the country’s GDP in FY2016, the second-biggest employer (after agriculture), with about 35mn people engaged, and the second-largest recipient of FDI after the ...
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?he transportation sector has emerged as one of the driving forces of Chilean economy, expanding its value added at a CAGR of 5.9% between 2010 and 2015, and reaching a share of 4.9% in the country’s GDP in 2015. In the 2015-2016 Global ...
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Romania is rich in mineral resources such as fossil fuels, salt, gold, silver and non-ferrous metals. Its has the largest oil and natural gas reserves in CEE, however, current production levels are not enough to make the country self-sufficient, thus ...
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Indonesia is the second-largest motor vehicle manufacturer, behind Thailand, and the largest automotive market in the ASEAN region. Due to a robust growth in recent years, the country is forecast to overcome Thailand in motor vehicle production by ...
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The oil and gas sector in Brazil has emerged as one of the country’s driving forces since 1995, when the monopoly of state-run Petroleo Brasileiro (Petrobras) was ended. Following this liberalisation, the sector’s share in Brazil’s ...
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The value of Poland’s total construction output, including private works and work carried out by unregistered individuals, came to PLN 178bn in 2015, up 2.2% y/y. The official output data for companies employing more than nine persons stood at ...
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Peru is a relevant regional player in the production of ferrous and non-ferrous metals. In 2015, the country was the third largest South American producer of direct reduced iron with a 2.8% share, the third biggest producer of long steel with a 5.8% ...
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China is the world’s second largest pharmaceutical market, after the U.S., and the largest producer and exporter of active pharmaceutical ingredients (APIs) globally. Since it is the world’s most populous country, with a large ageing ...
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The development of the ICT sector in Malaysia has been spearheaded by the Malaysian government since the 1990s, with the vision of developing a knowledge society by 2020. This has meant that the Malaysian government has actively fostered ...
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