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Consumer calculus

Anew world is on the anvil with five billion consumers projected to be part of the global population by 2031. As long as there is no massive economic shock to the world, black swan events included, the world will add another billion consumers in just the next eight years ~ in the shortest time ever recorded. Asia is projected to contribute 81 per cent of the new consumers in 2024, with India and China accounting for over half the increase.
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FWD and SCB extend bancassurance partnership in Thailand

New agreement extends long-term exclusive bancassurance partnership for a further two years The partnership with SCB is the largest contributor to FWD Thailand's business BANGKOK, April 28, 2023 /PRNewswire/ --FWD Life Insurance Public Company Limited ("FWD Thailand") and Siam Commercial Bank Public Company Limited ("SCB") have extended and enhanced their long-term exclusive bancassurance agreement for a further two years to meet the growing insurance and protection needs...
Krung Thep Mahanakhon Peter Grimes Kris Chantanotoke United Nations World Data Lab Siam Commercial Bank

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