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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.
With its vast agricultural output, sizable domestic market, strong manufacturing sector, and supportive government policies, Brazil has become a world-leading producer of industrialized food and beverage products. According to the Brazilian ...
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The growing demand for high value-added internet-based services in Brazil continues to shape the development of the domestic telecom industry. Domestic consumers actively demand access to enhanced mobile and fixed broadband services to intensify ...
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In line with the global trends, the consumption of high-value-added Internet services in Malaysia is growing, which fuels strong performance in fixed and mobile broadband services both in terms of subscribers and consumption intensity. Telecom ...
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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 addition, the country is the world's biggest consumer ...
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China's textile sector, as a traditional pillar industry of the national economy and an important industry for people's livelihoods, plays a significant role in boosting foreign trade, creating jobs, increasing farmers' income and promoting ...
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China is the world's largest producer, consumer, and exporter of steel. The country's crude steel production and consumption have both ranked first in the world for 28 consecutive years, according to the China Iron and Steel Association (CISA). In ...
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The ASEAN region has a significant influence on the global electronics market. Thailand, Indonesia, and Malaysia are the primary suppliers of hard disc drives (HDDs), essential components for computer data storage. Approximately 60% of China's HDD ...
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Four-wheel motor vehicle production in ASEAN (particularly Thailand, Indonesia, Malaysia, the Philippines, Vietnam and Myanmar) dropped by 31.6% y/y in 2020 due to the negative effects of the COVID-19 pandemic. However, output saw a strong rebound in ...
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