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.
The metal processing sector plays a crucial role in supporting end-use industries like construction, infrastructure, automotive manufacturing and power transmission. According to data from the World Steel Association (WSA), in 2024 Mexico ranked 15th ...
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Indonesia's infrastructure sector is poised for a major shift in focus under President Prabowo Subianto. Unlike his predecessor, who relied mainly on state companies to boost his infrastructure agenda, the newly sworn-in president wants the private ...
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There are three geographical markets in Malaysia's electric power sector: Peninsular Malaysia, Sabah (including Labuan), and Sarawak. The primary utility provider in Peninsular Malaysia is Tenaga Nasional Bhd (TNB), while its counterparts in Sabah ...
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China's mobile communications equipment sector can be broadly divided into two subsectors: communication terminal equipment (e.g., mobile handsets) and communication station equipment (e.g., base stations and IoT communication modules). In 2024, the ...
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China is the world's largest producer and consumer of alcoholic beverages, producing almost one-half of the world's spirits and nearly one-fifth of the world's beer. In 2024, China's production of baijiu and beer reached 4.1bn litres and 35.2bn ...
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The Central and Eastern Europe (CEE) food and drink sector is a cornerstone of the region's manufacturing industry. According to the EU Food and Drink Industry report for 2023, in Poland the industry generated a turnover of EUR 69.7bn, contributing ...
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Generating some 13% of Indonesia's gross domestic product (GDP), and employing a fifth of the country's workforce, the retail sector has gained a strong footing in Southeast Asia's largest economy. Growth in the sector is fuelled by a huge consumer ...
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Consumer electronics is a vital component of the manufacturing sector in India. It is touted to be one of the key pillars of economic growth due to its ability to generate employment and influence other sectors of the economy, creating a multiplier ...
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The agribusiness sector plays an important role in India's economy, accounting for 16.2% of the country's GDP in FY2024 and 7.9% of total exports in 2023 (calendar year format). The sector employed approximately 46.1% of the country's total workforce ...
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