Saturday, November 16 2019 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 43 min 46 sec ago
85% of companies report longer payment terms in 2019 vs 2017. According to Coface's 2019 Germany payment survey of 442 companies in, the country is in a phase of change. The pressure on companies from international competition is increasing.
Coface recorded yet another strong quarter despite an economic context that has continued to deteriorate in line with our expectations. Our strong performance illustrates the effectiveness of the transformation we have implemented within Coface over the past three years, which has notably resulted in the significant improvement of our risk management processes. Commercial momentum was positive this quarter, as new business is continuing to grow whereas our clients’ activity is slowing down. We are maintaining our selective underwriting policy, which is now bearing fruit in a more volatile environment.
Recession or slight decline, CRAFT provides the keys to the slowdown in the major economies of the Eurozone.
Coface France is recognized as the Best Credit Insurance Company in 2019 by International Finance Magazine
Participating in this prestigious award for the first time, Coface France took the highest step on the podium, acknowledging the many initiatives deployed by Coface to better assist its customers.
Agri-food sector outlook: in a global economy marked by protectionist tensions, what does the future hold?
Central to the current trade tensions, notably between the USA and China, the global agri-food sector is impacted by knock on effects, notably via downward trends on the prices of key agri-food commodities, such as soybean. Coface has conducted an in-depth analysis of future trends in this market.
With business morale being affected by a summer marked by a multiplication of areas of political uncertainty around the world, it seems likely that 2020 will be a year of economic decline.
Faced with fluctuations in hydrocarbon prices and economic sanctions from Western countries, Russia has developed a strategy that favours "Made in Russia" - but the results have remained mixed.
Rising protectionism in China and the United States, Brexit, contracting world trade... despite all the clouds on the horizon, the Dutch economy remains surprisingly bright.
Coface France ranks first among French credit insurance companies in the professional equality index.
Insolvencies in Central and Eastern Europe: despite an increasingly difficult global economic context, the situation remains positive
The Central and Eastern European region has experienced unparalleled growth in the European Union. However, a slowdown is expected in the coming years.