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.
Malaysia has sizable crude oil and natural gas reserves. In 1974, the Malaysian government established Petroliam Nasional Bhd (Petronas) as the national oil company and the owner and steward of the country's hydrocarbon deposits. Petronas has since ...
View more details
In FY2022, the metals and mining sector of India's GVA was worth INR 5.66tn. The metal processing sector is essential for creating a competitive advantage for end-use industries such as construction, infrastructure, automotive manufacturing, and ...
View more details
