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2024 China corporate payment survey: Payment delays continued to shorten, but corporates increasingly cautious

03/19/2024

Coface’ survey shows that more firms expressed willingness to grant payment terms in 2023 but they tightened payment terms to 70 days from 81 days in 2022. As credit terms shortened, more payment delays were reported in 2023. However, average payment delays decreased to 64 days from 83 days previously. The downward trend in ultra-long payment delays (ULPD, above 180 days) continued. More information here and in our publication.

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Coface FY- 2023 results: net income at 240.5m and proposed dividend at 1.30 per share

02/28/2024

Coface releases its FY-2023 financial results. Net income at €240.5m and proposed dividend at €1.30 per share

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Challenging times for homebuilders and real estate companies

02/26/2024

Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices in commodities and, first and foremost, the interest rate environment and accessibility of credit, they are currently under strain. And things are unlikely to get any better in 2024.

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2024: a pivotal year, in Coface Country and Sector Risk Barometer – Q4 2023

02/06/2024

After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections - presidential and/or legislative - and in economic terms, with risks mounting on a still slowing global economy.

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Coface announces today the expansion of its Asia Pacific Region Economic Research team

01/24/2024

Coface has expanded its Asia Pacific economic research team and today announced the appointment of Junyu Tan as Regional Economist for North Asia. Junyu is stationed in Hong Kong reporting to Bernard Aw, Chief Economist of Coface for Asia Pacific Region.

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