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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.
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Thailand's construction and real estate sector has grown alongside the national economy, securing a steady share of the country's gross domestic product (GDP). In 2024, the sector's direct contribution to the economy was nearly 5%. Principal real ...
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Thailand's airway sector is a key pillar of the country's economy, driven by its strategic geographic location, a strong tourism base and ongoing infrastructure investments. Anchored by major airports such as Suvarnabhumi and Don Mueang, and served ...
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