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.
Despite improvements, the proportion of overdue B2B invoices and that of uncollectable B2B receivables in Hong Kong remain some of the highest in Asia Pacific.
2018 brought many changes in India – more frequent payment delays, increases in the proportion of overdue B2B invoices and DSO, a longer payment duration.
Changes in the average payment terms and payment delays brought an increase in Taiwan’s average payment duration which is the second highest in the region.
In 2018, economic growth is expected to remain above 2%, sustained by domestic and international demand. The momentum is forecast to slow down in 2019.
Economic expansion remains broad-based, driven by private consumption and business investments, while export growth is sustained by the eurozone demand.
A potential downside risk would be another deterioration in house prices, given high levels of mortgage debt and banks’ exposure to the housing market.
In 2018 and 2019 economic growth is expected to moderate somewhat but to remain robust, with private consumption and investment remaining the key drivers.
A potential downside risk to the economic performance could be the high household debt in case of sharp house price decreases and interest rate increases.
British business insolvencies are expected to rise again in 2018, mainly affecting businesses active in the construction, retail and hospitality sectors.