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Coface’s 2019 Asia Corporate Payment Survey covered over 3,000 companies in nine economies (Australia, China, Hong Kong, India, Japan, Malaysia, Singapore, Thailand and Taiwan). 63% of companies surveyed stated that they experienced payment delays in 2018. The length of payment delays increased to 88 days on average in 2018, compared to 84 days in 2017. The length of payment delays was highest in China, Malaysia and Singapore; as well as the energy, construction and ICT sectors.
Country and Sector risks Barometer - July 2019: Trade tensions return to the forefront of the global economy07/04/2019
- GCC: tight financial conditions for businesses feed alternative sources of financing
- Asia-Pacific Corporate Payment Survey 2019: deteriorating payment trends amid trade war woes
- Trade tensions return to the forefront of the global economy - Country and Sectors risks Barometer