Secure shopping
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.
Colombia ranks highly in Latin America's electric power market due to its sizeable population and large hydropower resources. However, the reliance of its economy on fossil fuels and limited manufacturing hold it back from being a regional powerhouse ...
View more details
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 ...
View more details
The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In recent years, the slowing pace of macroeconomic growth in China has underscored the increasing ...
View more details
Vietnam's mineral potential is relatively diverse, with minerals and natural resources including oil and gas, coal, titanium, bauxite, copper, gold, rare earth minerals and iron. In 2023, the GDP contribution of Vietnam's mining and quarrying ...
View more details
The Philippine Banking System (PBS) continues to improve its asset quality and, more importantly, broaden access to banking and financial services to citizens. As universal and commercial banks forward the call for financial inclusion, the central ...
View more details
The chemical industry plays a crucial role for the economy of Vietnam. The growth of the chemical industry is driven by an increasing demand for chemicals in the manufacturing and agriculture sectors. Outdated technology and low labour productivity ...
View more details
The Food and Beverage (F&B) sector accounted for more than half of the manufacturing sector's GVA at 57.9% in 2023, and its share of GDP stood at 9.4%, reflecting its importance to the Philippine economy. With the rise in population and increase ...
View more details
The agribusiness sector plays an important role in the Philippines' economy, accounting for 9.4% of GDP in 2023 and 22.2% of employment in October 2023. The Philippines occupies leading positions in the global production of rice, pork, coconuts and ...
View more details
As a pillar industry of the economy, China's oil and gas sector plays an important role in ensuring the country's energy security. China is one of the world's largest producers and consumers of oil and gas. According to the Statistical Review of ...
View more details
Renewable energy plays a pivotal role in China's strategy to meet its escalating energy demands and address the environmental challenges. As the largest market for renewable energy investment worldwide, China spent an estimated USD 890bn on clean ...
View more details