Economy

Economy · 01. April 2020
The ongoing health emergency in Italy over the next three months will have an impact on the working capital (or cash flow) of SMEs estimated at between EUR 10 and 19 billion out of a total of EUR 342 billion in trade receivables and payables. The alarm has been raised by the first Working Capital Observatory created by CRIBIS, a CRIF group company specializing in business information, and Workinvoice, the first Italian digital invoice trading platform. The Observatory analyzed a sample of...
Economy · 26. March 2020
Introduction According to the KOF Swiss Institute of Business Cycle Research at ETH Zurich, investment in construction represents about 10% of Switzerland’s gross domestic product. A particular feature of this industry is that the upfront expenditure largely comes from inside the country, and that any fluctuations probably exert a more profound effect on the economic position of other industrial sectors. How is the situation in the construction sector in detail? CRIF has taken a look and...

Economy · 21. March 2020
The commercial, resort, housing, and industrial real estate markets in Vietnam are all greatly affected by the complicated development of the epidemic. In a recent report, CBRE stated that the Covid-19 pandemic is having a negative impact on the Asia-Pacific economy. According to experts, nearly all major types of real estate are suffering significant losses over the past 2 months. As a result, CBRE has revised its Asia Pacific GDP growth forecast to 4% in 2020, a decrease of 0.2%. Landlords...
Economy · 15. March 2020
Vietnam Country Report 2020 is an annual report published by VietnamCredit, a leading business information provider and credit rating agency in Vietnam. In a fast-changing and uncertain global business environment, VietnamCredit’s illustrated Vietnam Country Report 2020 will help you to stay on top of developments and give you a keen understanding of this emergent and highly attractive market and its huge growth and investment potential. Vietnam Country Report 2020 is designed to hold all the...

Economy · 10. March 2020
Covid-19 epidemic has caused the shrinking of the consumer market, the declining revenue in services, tourism and aviation sectors, causing a big "shock" to Vietnam’s economy. The outbreak of the Covid-19 pandemic has made the world’s as well as Vietnam’s economy suffer a lot of negative effects. According to statistics of the Business Registration Management Department – Vietnam’s Ministry of Planning and Investment, in the first 2 months of this year, there were 16,151 enterprises...
Economy · 29. February 2020
The exchange rate and gold prices soared in the early days of this year due to the novel coronavirus, while the core inflation has been under pressure from the last months of 2019. Risks from the major debtors The fact that a number of private economic groups which are leading corporations, having large debts and operating in many fields have recently divested capital, sold projects, and sought new loans from outside, has shown the challenges and risks in Vietnam's economic environment. The...
Economy · 27. February 2020
The number of corporate insolvencies in Germany will fall again in 2019. In total, 19,005 companies filed for insolvency last year. This represents a 2.8 percent reduction in corporate insolvencies compared with the same period last year (2018: 19,552 corporate insolvencies). As a result of what is now the tenth decline in a row, corporate insolvencies in 2019 have fallen to a new low since 1994 (18,820 cases). Compared with 2003, the highest year for corporate insolvencies to date, when there...
Economy · 27. February 2020
At the beginning of this year, CRIF Austria looked at the domestic construction industry and provides an overview of the main aspects in its "Industry Report Construction". The number of newly founded companies as well as insolvencies in 2018 and 2019, the equity capitalization of construction companies in the nine federal states and the preferred company locations were determined. There has been a gradual decline in the number of newfound companies in the construction sector in recent years....
Economy · 26. February 2020
Will the Coronavirus Outbreak Derail The Global Economy? By Jeff JARD and Ugo NAVARRA jf.jard@cristalcredit.com ugo@cristalcredit.com " Cristal Credit International convey its very best wishes to all its Chinese partners and customers, and hope that you will overcome this predicament very soon. With kindest regards " Will the coronavirus outbreak derail the global economy? Will the Coronavirus Cause a Recession? Hard as it is to envision, the world’s second-largest economy is coming to a near...
Economy · 14. February 2020
The dawn of a new decade sees Creditsafe take yet another step forward as it opens its brand new office in Toronto as part of a strategic alliance with Equifax Canada bringing new levels of international business intelligence to that market. Through the partnership Equifax Canada customers will be able to benefit from access to Creditsafe’s global coverage of over 330 million instant access business reports across 160 countries. Commenting on the opening Creditsafe CEO Cato Syversen said:...

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