28 3 2017
Competition is high in all segments and price pressure offsets sales volume growth, meaning that the already low profit margins will remain under pressure.
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23 5 2018
Despite minor improvements, the impact of late payments cannot be denied and businesses in Asia Pacific need more time to convert B2B invoices into cash.
Payment delays have remained largely stable and payment duration improved. Bankruptcy and failed collection attempts remain top reasons for write-offs.
Changes in the average payment terms and payment delays brought an increase in Taiwan’s average payment duration which is the second highest in the region.
15 5 2018
In 2018, economic growth is expected to remain above 2%, sustained by domestic and international demand. The momentum is forecast to slow down in 2019.
In 2018 the number of Belgian business insolvencies will still be higher than the levels seen before the start of the global credit crisis in 2008.
The Danish economy has regained some of its international competitiveness due to structural reforms that addressed the issue of high labour costs.
Economic expansion remains broad-based, driven by private consumption and business investments, while export growth is sustained by the eurozone demand.
With about 55,000 business failures recorded in 2017 the number of insolvencies was still as high as during the start of the credit crisis in 2008.
The Irish economy is expected to grow by about 4% in 2018, but remains exposed to ongoing economic uncertainties stemming from the Brexit decision.
Despite a forecast 10% year-on-year decrease in 2018 the number of business insolvencies will still be much higher than the levels registered in 2008.