The countrywide introduction of mandatory health coverage for private sector workers and their families will offer a considerable boost to Oman...
Financial Services
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Chapter | Capital Markets from The Report: Oman 2020
The overall performance of Oman’s capital markets in 2019 was somewhat mixed. While the country’s credit market continued to grow, underpinned...
Oman’s banking sector has continued to perform well despite economic headwinds. Falling oil prices have increased the demand for credit...
Articles & Analysis | Cyberinsurance is poised for growth worldwide from The Report: Myanmar 2020
With the world digitalising at an increasing rate, the threat of cybercrime has risen dramatically in recent years, and emerging markets are no exception. While the shift towards online platforms – along with the development of the internet of things, smart cities and blockchain technology – is generating significant opportunities for wealth...
Articles & Analysis | Foreign investment leads to new capital and training for Myanmar insurers from The Report: Myanmar 2020
November 2019 saw five foreign life insurance companies gain licences to operate fully owned subsidiaries in Myanmar, heralding the start of a new chapter in the industry’s history. At the same time six joint ventures between foreign and local insurers were also licensed, with this, too, set to have a strong impact on the dynamism of the...
Articles & Analysis | Liberalisation brings international investment to Myanmar insurance sector from The Report: Myanmar 2020
Recent years have seen Myanmar’s insurance sector take significant steps forwards, with liberalisation giving rise to a number of foreign insurance companies entering the market. At the same time, the country’s financial sector governance has been strengthened, while the economy has continued to grow. These developments bode well for the...