Economy

Worldbox Country Spotlight: Colombia
Economy · 24. July 2024
Colombia's economy is highly dependent on exports of commodities. Fuels and extractive industries products 56 percent of total shipments.

How electronic invoicing helps reduce late payments in commercial transactions
Economy · 18. July 2024
Paper-based invoices are losing ground to electronic invoices. The switch to eInvoices is bringing about significant changes for the seller and buyer alike.

Country and Sector Risks Barometer June 2024 - Turbulence ahead?
Economy · 11. July 2024
In Q1 2024, the global economy improves slightly from previous years marked by pandemic, Russia-Ukraine conflict, and US banking crisis. However, US activity slows down, with emerging countries driving growth.

Infrastructure boom is driving development in Saudi Arabia
Economy · 09. July 2024
We look at the astonishing developments which are transforming Saudi Arabia as they announce a trillion-dollar pipeline of infrastructure projects, including giga-project tourism destinations, upgrading transport networks and becoming an international logistics hub, in support of its national transformation plan, Vision 2030.

Payment Study 2024
Economy · 03. July 2024
The Payment Study, published with data up to 31 December 2023 is aimed at outlining the international picture of payment practices, with particular focus to the scenario due to the actual geopolitical crisis.

How to control the risk of worldwide business partners in an economic crisis scenario
Economy · 25. June 2024
The current economic scenario is particularly under pressure mainly due to several conflicts that they’re now at the regional level but with a real risk of worldwide escalation.

Vision 2030 and Saudi Arabia’s changing business environment
Economy · 24. June 2024
Saudi Arabia perhaps the most exciting market in the world right now. Its own ambitions, the opportunities for foreign investors, and the country’s growing role on the global stage have all been turning heads. There is a real buzz in and around the country. So what is all the noise about and what structural and business changes have actually been taking place?

Challenges in Business information markets in Asia and Europe
Economy · 17. June 2024
Why Technology, Alternative Data and Open Finance are powering the Business Information (BI) market in Asia while Europe is lagging.

67% of companies never apply late payment interest
Economy · 29. May 2024
Only 13% of companies begin their recovery actions when invoices expire.

The race to build data centres in Southeast Asia
Economy · 24. May 2024
In 2023, dozens of tech companies and cloud service providers announced plans to build and operate new data centres in Southeast Asia.

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