Friday, December 3 2021 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
Updated: 15 min 5 sec ago
Coface announces a new partnership with Scope, the leading European rating agency.
Coface announces the appointment of Jean-Christophe Caffet as Chief Economist, effective as of today. He reports to Thibaut Surer, Director of Strategy and Business Development of the Coface Group.
In the past 18 months, the US congress authorized more than 25% of GDP in spending to respond to the COVID-19 pandemic
Turnover of first nine months: €1,158m, up +7.9% at constant FX and perimeter, and up +8.9% in Q3-2021
As the Covid-19 situation begins to improve, notably with the implementation of vaccination campaigns, there has been a rebound in consumption, particularly in developed countries. For emerging countries, the economic recovery is benefiting export-oriented countries, but service-dependent economies are lagging behind. Read our in-depth analysis in our latest Country and Sector Risk Barometer.
Coface’s Country Risk Assessment model now includes an environmental indicator. Our Economist Melina London explains how it works.
China will continue to expand its role as a main destination for Latin American exports at the expense of the U.S.
Coface observes that LatAm countries’ foreign sales growth rates are expected to exceed their domestic demand expansion. Indeed the region’s activity rebound should be lower than the global average recovery, and more specifically lower than the Chinese and U.S. recoveries. Therefore, sales to China and the U.S. should post a bright performance in 2021. In terms of significance for Latin American exports, China should continue to gain ground over the U.S.
The retail sector’s activity has been affected by the COVID crisis through social distancing measures and closure of stores. However, the effect of the pandemic on the sector greatly varies across countries and segments. Check our study to know it all.
While the restrictions linked to the COVID-19 pandemic put a temporary stop to the upsurge of protest movements, a new wave is on the horizon. Protests, mainly in emerging countries, are expected to increase due to an unprecedented deterioration of socio-economic indicators.
The 5th edition of Coface’s survey on corporate payment experience in Germany suggests that German companies have acclimatised to the pandemic environment, with more companies offering payment terms and a positive outlook from surveyed companies.
Coface announces today the appointment of Marcele Lemos as the new CEO, Latin America Region, effective on Monday, September 13th
The UAE’s economy was hit by a double shock in 2020: the collapse in oil prices and the COVID-19 pandemic. According to preliminary estimates, the UAE’s economy shrank by 6.1% in 2020. However, the outlook is brighter for 2021. Coface expects growth at 3.1% thanks to a fast vaccination campaign, a sharp recovery of the global economy and the rebound in energy prices.
Coface strengthens further its leadership team and thus is pleased to announce new appointments within its executive committee