Saturday, May 28 2022 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 58 min 25 sec ago
Coface's Diversity & Inclusion Week returns for its second edition, featuring daily conferences on D&I topics and unconscious bias.
Your business moves fast – and sometimes your life moves even faster! Now you can set the pace with CofaMove, the Coface app for swift credit risk management when you’re on the-go.
Discover the Coface Broker Portal with Broker Portal Insights, our new video series!
Medium & long-term knock-on effects of the war in Europe on global sectors trends: will there be resilient sectors?
In the short run, all sectors for which Coface publishes sector risk assessments in six regions worldwide will be impacted by the knock-on effects of Russia’s invasion of Ukraine. Which ones would be the most resilient sectors? Read our full study now!
Coface China Corporate Payment Survey: Increasing risks in supply chain disruptions and rising raw material prices
Coface’s 2022 China Corporate Payment Survey shows that fewer firms encountered payment delays in 2021, but those that did report longer periods of overdue payments than in the previous year. The average payment delay rose from 79 days in 2020 to 86 days in 2021. Firms in 9 out of 13 sectors reported an increase in payment delays, led by agri-food, which recorded the largest increase of 43 days, followed by wood, transport, and textile.
More than two months after the start of the war in Ukraine, of Russia’s invasion of Ukraine on 24 February, prospects for a rapid resolution of the war seem increasingly unlikely. As sanctions against Russia continue to pile up, a return to the pre-war situation seems illusory, even in the event of an early end to the conflict.
Coface announces the appointment of Hugh Burke as the CEO of Coface Asia-Pacific Region.
Coface releases its 3M-2022 Financial Results: a strong start to the year with a net income of €66.2m.
Oil prices stabilized around $100 - the highest level since 2014 - are unsurprisingly benefiting the Gulf countries. However, rising agricultural commodity prices are putting upward pressure on consumer price inflation.
It will be proposed to the Combined General Meeting of May 17, 2022, to appoint Laetitia Leonard - Reuter and Laurent Musy as directors for a term of four years, in accordance with the provisions of Article 12 of the bylaws.
The winner between the two candidates will be decided in the run-off election on 24 April, in a vote that is likely to be much more uncertain than 5 years ago.
Should French companies stay in Russia or leave? And whatever their decision, what risks are they facing? Coface Sector Economist & Data Scientist Erwan Madelénat answers three key questions about doing business in Russia in light of the war in Ukraine.
Global Credit insurer Coface today announces it has opened a branch in New Zealand after receiving the approval from the Reserve Bank of New Zealand on 1 April.
The Russia-Ukraine conflict has triggered turmoil in the financial markets, and drastically increased uncertainty about the recovery of the global economy. Since our last publication, the world has shifted, so have the risks.
Two years after the onset of the pandemic, the global economy continues to recover, but still faces significant challenges. Download the Coface Q4 2021 Country & Sector Risk Barometer and its press release here.
Coface FY-2021 results: net income at €223.8m and 100% pay-out ratio.