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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.
The Food & Beverage (F&B) industry in ASEAN (focused on five key markets including Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) is undergoing rapid transformation, driven by evolving consumer preferences, intensifying competition, and ...
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The infrastructure sector in the Philippines is becoming increasingly appealing to both domestic and foreign investors due to a low starting point, the government's ambitious and sustained efforts to invest and attract investments in infrastructure ...
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The agribusiness sector plays an important role in the Philippines' economy, accounting for 9.1% of GDP in 2024 and 21.2% of employment in October 2024. The Philippines occupies leading positions in the global production of rice, pork, coconuts and ...
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The food & beverage sector plays an important role in the Philippine economy, accounting for 9.2% of GDP in 2024. The country holds leading positions in the global production of rice, pork, coconuts and bananas in 2024, complemented with a strong ...
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ASEAN countries have set ambitious goals to transition away from fossil fuels. Under Phase II of the ASEAN Plan of Action for Energy Cooperation (APAEC), which covers the period from 2021 to 2025, the region has committed to achieving a 23% renewable ...
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The Philippines' healthcare system comprises both public and private components. Public healthcare is devolved to local government units, with the central government operating only a handful of tertiary care and specialist health facilities. ...
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The insurance sector plays a crucial role in the Philippine economy, particularly given the country's high vulnerability to natural disasters, which disproportionately impact the most vulnerable segments of society. Despite its importance, the market ...
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