Economy · 17. November 2020
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…
Economy · 03. November 2020
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…
Members News · 30. October 2020
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….
Economy · 15. September 2020
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...
Economy · 21. July 2020
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...