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.
Thailand's finance and insurance sector generates nearly 9% of the country's gross domestic product (GDP) and employs some 470,000 people. In 2024, the sector remained on a solid footing thanks to strong capital buffers, ample liquidity coverage, and ...
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The Indonesian food and beverage industry plays a crucial role in driving growth within the manufacturing sector and the national economy. Food and beverage (F&B) manufacturing contributed nearly 7% to Indonesia's gross domestic product (GDP) in ...
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India possesses one of the largest food & beverage industries in the world as the country is a leading producer of rice, wheat, maize, sugar, soybean meal, soybean oil, coffee, banana, poultry meat, milk and shrimp, among other products. The food ...
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In recent years, the admission criteria for foreign banks have been gradually loosened. In 2018, China relaxed the rules on the operation of foreign banks, allowing them to set up branches and subsidiaries. In January 2024, the National Financial ...
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China's healthcare system is hospital-centric, and most of the inpatient and outpatient care in the country is delivered by public hospitals and basic medical institutions. On the other hand, due to the growing demand for specialised healthcare and ...
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In Q3 FY2025, the banking sector has continued to experience a moderation in credit growth. ICRA has revised its credit growth forecast for FY2025 downwards to 10.5-11.0%, from the previously estimated 11.6-12.5%. Deposit growth has also remained a ...
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Brent crude prices in Q3 FY2025 averaged USD 74.6/bbl, a 10.9% y/y decline and a 6.6% q/q decline. The average prices in the quarter were the lowest reported since Q2 FY2022. After three consecutive monthly declines, in October 2024, Brent crude ...
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The chemical sector is one of the critical pillars of the Chinese economy. The consistent development of China's chemical sector has been sustained for over two decades, primarily driven by the increased demand from both domestic and international ...
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China is one of the largest food producers and consumers globally. It has been the world's biggest producer of grain and meat since 2012, according to the National Bureau of Statistics (NBS). In 2024, China's grain output reached a record high of 706 ...
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According to Deloitte, China has been the second largest pharmaceutical market after the US since 2017 and had a market share of 11% in the global pharmaceutical market by the end of 2022. According to the National Bureau of Statistics (NBS), the ...
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