Don’t get burned – Christophe Souquet of Coface advises on the risks of getting paid in China.
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Businesses are always keen to grow by exporting to new markets. However, they must balance the risks of exploring new territories with the opportunities opening up to those bold enough to take them. Risk is inherent in any new market, even when the world isn’t emerging from recession. But when sales dry up or reach [...]
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For the past decade and a half the decision around outsourcing has been a relatively straightforward one: it allows companies to cut costs, to make better use of their resources and to focus on growth. Over the past 18 months, however, we have seen that the business landscape has changed and the old realities no [...]
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Latin America, emerging Asian countries, the CIS, the Middle East, and Northern and Sub-Saharan Africa are leading economic recovery from the GFC. Coface Australia’s country risk overview for October published in thumbnail report on the website at www.coface.com.au shows the United States, Japan and Western Europe are experiencing a slow-down after a partial rebound earlier [...]
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The old wisdom of ‘caveat emptor’—let the buyer beware—is giving way to a new adage: ‘caveat venditor’—let the seller beware. WARNING: ‘This Superman costume will not enable you to fly.’ Such a warning does not tell us that children have been jumping off roofs. What it indicates is that if a child put on his [...]
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A new traveller risk mitigation software has been developed and will be launched by Microsoft under the name Mapcast later this year. In the event of an emergency like the Mumbai terrorist attacks or the floods in Pakistan, the software enables businesses to quickly identify which of their travellers are at risk, minimising response time [...]
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In today’s global economy any business seeking international market opportunities faces challenges. Staying competitive in an international environment means sales revenues must be constantly improved, and the export factor is of crucial importance. But what if a company lacks the expertise and experience to enter new foreign markets, the resources to establish its own export [...]
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Buyer risk is an assessment that allows you to determine if your goods or services are being sold in the right market and if you will be paid for them. It is one of the most significant risks an exporter has to think about when doing business internationally. Fortunately there are a number of mechanisms [...]
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Travel is an essential part of an exporter’s business; here are 10 ways in which your business should manage its travel to achieve time and cost savings. For businesses with a global presence, business travel is essential to growth. Across different parts of the world it facilitates the face-to face interaction needed to pursue new [...]
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The global economy is still at risk with Europe and USA’s public debt on the rise, according to a report by the Bank for International Settlements (BIS), the coordinating body for central banks worldwide. BIS indicated that public debt in the major markets of Europe and the USA had replaced the private debt that triggered [...]
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