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.
The transportation sector in Malaysia generates between 3% and 3.5% of the country's GDP and accounts for approximately 3.5% of all jobs on the domestic labour market. In 2023, the contribution to of the transportation, storage and communications ...
View more details
At the United Nations Framework convention on Climate Change (UNFCCC) in October 2022, Singapore committed to achieving net zero emissions by 2050. For 2030, the country has set the target for Greenhouse Gas (GHG) emissions at 60mn tonnes. As of 2023 ...
View more details
The renewable energy (RE) sector in Emerging Europe* has surged in recent years, bolstered by government policies aimed at diversifying energy sources and reducing the reliance on Russian energy. The European energy crisis, triggered by Russia's ...
View more details
With a huge industry base, China is the world's largest consumer of all kinds of base metals, as well as the largest producer of metal products. The country is also the world's biggest producer of iron, aluminium, lead and zinc. China's economic ...
View more details
In recent years, China has been opening its financial services market to global investors and gradually easing access restrictions on foreign financial institutions. Insurance is at the forefront of the country's financial market opening. Since ...
View more details