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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.
Thailand's infrastructure sector is a central pillar of its long-term development strategy, underpinning economic competitiveness, regional integration, and foreign investment. The government has prioritised large-scale upgrades across transport, ...
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The Association of Southeast Asian Nations (ASEAN) is a diverse landscape in terms of infrastructure as it includes a world leader such as Singapore alongside developing economies that are currently in the process of upgrading and expanding their ...
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The ASEAN region, as covered by the scope of this report, comprises of the five countries of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Only in case of the performance of regional external trade, it reflects the performance of the ...
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Thailand is widely recognised as one of the world's leading tourism destinations, with the sector serving as a cornerstone of the country's economic and social development. Tourism contributes roughly 20% of national GDP and it accounts for about 21% ...
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Thailand's consumer goods and retail sector has matured substantially in recent decades, coinciding with the country's rapid economic growth. The increasing middle and affluent income groups are the primary drivers of the domestic demand for ...
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Thailand's pharmaceutical and healthcare industry has experienced substantial growth over the past few decades. In 2002, the Thai government launched a successful initiative to establish universal healthcare for all Thai citizens, guaranteeing ...
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The oil and gas sector remains a critical pillar of economic activity across ASEAN, underpinning industrial growth, transportation, electricity generation, and export revenues. Countries such as Indonesia and Malaysia continue to lead regional ...
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Policy support, improving consumer awareness and rising affordability have been fuelling the global electric vehicle (EV) market for more than a decade now. With sales rising in double digits, EVs are gradually eating up into the market share of ...
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Thailand is the production and export hub for four-wheel motor vehicles in ASEAN, with commercial vehicles and high-value passenger vehicles being its top products. At the regional level, Thailand was the largest producer of four-wheel motor vehicles ...
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Over the pact decade, the Association of Southeast Asian Nations (ASEAN) region has emerged as one of the fastest-growing economies in the world and a major manufacturing and trade hub. With a population of than 600mn people, the region is home to ...
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