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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.
India's consumer electronics sector, a vital pillar of the digital economy, has rapidly risen to global prominence, transforming from an import-dependent market for mobile phones into a dynamic smartphone manufacturing hub. In just a few years, India ...
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Since 2017, China has been the second largest pharmaceutical market, after the US, according to Deloitte, and at the end of 2024 it had a share of 10% of the global pharmaceutical market. According to the National Bureau of Statistics (NBS), the ...
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In 2024, China's total retail sales rose by 3.5% y/y to RMB 48,789bn, indicating the steady growth of the country's consumer market. Due to the crucial role of consumption in the economy, the Chinese government has implemented a series of supportive ...
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Malaysia possesses significant reserves of crude oil and natural gas. The government founded Petroliam Nasional Bhd (Petronas) in 1974 as the national oil corporation and the owner and steward of the country's hydrocarbon reserves. Petronas has since ...
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The chemical sector is one of the critical pillars of the Chinese economy. The consistent development of China's chemical sector has been sustained for over two decades, primarily driven by the increased demand from both domestic and international ...
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China is one of the largest food producers and consumers globally. It has been the world's biggest producer of grain and meat since 2012, according to the National Bureau of Statistics (NBS). In 2024, China's grain output reached a record high of 706 ...
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China's automotive sector continued to rank first globally in terms of production and sales in 2024. According to statistics published by the China Association of Automobile Manufacturers (CAAM), the country's total motor vehicle output and sales ...
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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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Currently, 22% of total gross power generation in the Philippines comes from renewable energy sources, from 9.3 MW of installed capacity. According to the International Group of Liquified Natural Gas Importers, commercial depletion of the Mamplaya ...
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India's textile sector continues to be one of the country's most diversified and globally significant manufacturing ecosystems, spanning natural fibres, man-made fibres, handloom, apparel, technical textiles and modern integrated value chains. India ...
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