In third quarter 2020 payments on-time in Italian Public Administration* has improved of 2.9% versus end 2019 with a 0,5% decrease for strong delays (more than 30 days). This is underlined by a Payment Study released by CRIF (30 September update).
Payments done at expiring date in Public Administration are below average of…
In the last few quarters, there had been a very significant decline in growth starting in early 2020. Based on Statistics Indonesia (BPS) 2020, Indonesia’s economic growth has declined to 2.97% (y-o-y). It deteriorates in line with the COVID-19 pandemic, which hampers all economic activities in Indonesia and the world. Actually, at the beginning of 2020, the economic recovery began to…
CRIF - a global company specializing in credit bureau, business information, and credit solutions - is ranked #52 on the 2020 IDC FinTech Rankings. This 17th annual vendor ranking represents the leading hardware, software and service providers to the….
Starting 30 June 2020, is reported a negative economic impact of the Covid-19 emergency on the punctuality of payments of companies: the companies that pay the suppliers with serious delay (beyond the 30 days) are 11,8%. an increase compared to the first quarter of 2020 (10.6%) and substantially similar to that of a year ago (11.6%). Information underlined by a study done by CRIF considering data related to first half of 2020. However, there is some slight improvement, especially for...
Among the most resilient sectors (Top) are the Pharmaceutical, TLC, ICT and Media, Chemical, and Consultancy sectors. Among the most affected (Bottom) are the Tourism/Leisure, Motor Vehicle Trade, Mining/Oil & Gas, Civil Engineering, and Construction sectors. The expected rebound in 2021 will allow a recovery in turnover and margins, but not enough to return to pre-crisis levels. In order to investigate the economic and financial effects of the COVID-19 emergency on businesses, CRIF has...