The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
Since H2 of 2017 economic growth has recovered from low copper prices and lower demand from China, strikes in the mining sector and weaker domestic demand.
Since H2 of 2017 GDP growth has started to accelerate again, due to a more supportive external environment and the effects of monetary policy stimulus.
In 2018 sales are expected to be affected by slower household spending growth, triggered by a weaker housing market and subdued growth in household income.
Indonesia's retail sector is one of the most promising in Asia, on the back of its large population and growing middle class with higher purchasing power.
The short-term outlook is benign with private consumption expected to increase by more than 6% in 2018, but higher inflation could have a dampening effect.
The best way for smaller retailers to survive is to join a large purchasing association and to compete with e-commerce by providing outstanding service.
The business environment is highly competitive among the different distribution networks, reinforced by the increasing market share of online retailers.
Many long-standing retail chains are highly indebted, often from leveraged buyouts led by private equity firms, while investors reconsider further lending.
The growing insecurity over US trade policy pushes the European Union and trading partners to speed up the completion of free trade agreement negotiations
By raising tariffs on steel and aluminium the US president has proudly delivered on a campaign promise. US steel and aluminium producers gain, but it comes at the expense of US metal consuming firms.
Business insolvencies in China are expected to increase further this year in 2018, as companies face tighter credit conditions and the economic rebalancing process is on-going.
The economic outlook remains positive with expected GDP growth rates of more than 5% in 2017 and 2018, and vulnerability to external shocks has declined.
In 2018 the economic performance will be impacted by weaker demand from China and lower domestic demand due to weaker residential construction activity.
Growing competition from mainland China in the electronics sector require productivity increases and a diversification of the economy in the long-term.
The sector still suffers from fierce competition with prices and profitability at a low level, while major players keep putting pressure on subcontractors.
Banks remain rather cautious in providing loans to the industry due to the large number of insolvencies and generally volatile market demand situation.
The profit and loss accounts of businesses active in energy-intensive segments (e.g. cement) are negatively affected by elevated electricity and gas costs.
While mining-related activity could decline further the prospects for growth in other parts of engineering and non-residential construction are improving.
The outlook for 2018 remains subdued and the already low profit margins of many construction businesses are expected to deteriorate further in H1 of 2018.
Costa Rica’s GDP growth is expected to accelerate driven by private consumption, robust private, public and foreign investment, and further export growth.
The economic recovery in emerging market economies is expected to continue strengthening in 2018 and these markets could present opportunities for business.