SPOTLIGHT

Asia-Pacific: Companies face rising credit risks despite shorter payment delays

Asia-Pacific: Companies face rising credit risks despite shorter payment delays

06/29/2022

Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia-Pacific region during another pandemic year. Respondents came from nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Thailand and Taiwan) and 13 sectors located in the Asia-Pacific region.

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News

Jun Minorikawa appointed as Japan Country Manager

07/06/2022

Coface announces today the appointment of Jun Minorikawa as Japan Country Manager effective as of today. In addition to the management and development of Coface’s branch in Japan, Jun will be in charge of further expanding the portfolio of Japanese Multinationals clients globally.

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Asia-Pacific: Companies face rising credit risks despite shorter payment delays

06/29/2022

Coface’s 2022 Asia Corporate Payment Survey, conducted between November 2021 and February 2022, provides insights into the evolution of payment behaviour and credit management practices of about 2,800 companies across the Asia-Pacific region during another pandemic year. Respondents came from nine markets (Australia, China, Hong Kong SAR, India, Japan, Malaysia, Singapore, Thailand and Taiwan) and 13 sectors located in the Asia-Pacific region.

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A recession to avoid stagflation? The world economy at a crossroads

06/22/2022

Four months after the start of hostilities in Ukraine, first lessons can be drawn.
Which countries and sectors are doing best? Which ones are going to face major difficulties?
Read the forecasts from our Q2 Barometer now.

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Coface appoints Hugh Burke to lead its Asia Pacific Region

05/06/2022

Coface announces the appointment of Hugh Burke as the CEO of Coface Asia-Pacific Region, effective on April 1, 2022.

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War in Ukraine: Many (big) losers, few (real) winners

05/10/2022

More than two months after the start of the war in Ukraine, of Russia’s invasion of Ukraine on 24 February, prospects for a rapid resolution of the war seem increasingly unlikely. As sanctions against Russia continue to pile up, a return to the pre-war situation seems illusory, even in the event of an early end to the conflict.

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Coface China Corporate Payment Survey : Increasing risks in supply chain disruptions and rising raw material prices

05/11/2022

Coface’s 2022 China Corporate Payment Survey shows that fewer firms encountered payment delays in 2021, but those that did report longer periods of overdue payments than in the previous year. The average payment delay rose from 79 days in 2020 to 86 days in 2021. Firms in 9 out of 13 sectors reported an increase in payment delays, led by agri-food, which recorded the largest increase of 43 days, followed by wood, transport, and textile.

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Key figures

€1.57 bn OF TURNOVER IN 2021
 100 COUNTRIES OFFERING OUR SERVICES
 ~4,538 EMPLOYEES
 €223.8 M OF NET PROFIT
 AA- (Stable Outlook) FITCH
 A2 (Stable Outlook) Moody's
ALL THE KEY FIGURES

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