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.
To categorize specific countries, this report employs multiple geographic regions. Geographical regions are defined in this report to account for the potential discrepancies between the references to each region and those that are commonly ...
View more details
The ASEAN region, as covered by the scope of this report, comprises the countries of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. The only exception is regional external trade which includes the performance of the ten ASEAN members ...
View more details
The Philippines is an archipelago that consists of over 7,000 islands therefore building an overland transport network that connects all towns, villages and communities would be very difficult, if not impossible. Instead, to ensure mobility, ...
View more details
The Food and Beverage (F&B) sector plays a crucial role in the economic landscape of ASEAN countries (Brunei, Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) through its contribution to ...
View more details
Renewable sources of energy account for some 30% of the power capacity mix and 20% of power generation in the Philippines. In 2023, at 3.75 GW, hydroelectric power was the largest renewable energy (RE) source in the country in terms of capacity, ...
View more details