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Hong Kong City · Hong KongBad debts have surged in Hong Kong and almost half of all B2B credit sales are overdue. Customer liquidity issues appear to be the cause. According to the Atradius report, “Despite these concerns, most companies are either maintaining or relaxing their trade credit policies to support customer relationships and sales volumes, even at the cost of increased financial exposure. Nearly 60% of B2B sales are now transacted on credit, with average paym…Read Article
Slow Pay in Hong Kong
Canada · CanadaThe cost of critical materials for the construction industry are on the rise due to trade wars and geopolitical tensions. Procurement in North America and Europe has been impacted by the new tariffs on steel, aluminum, timber and copper with costs for steel and aluminum climbing to multi-year highs. A new report, Trade tensions and the construction sector: Navigating supply chain disruption, suggests risk awareness should be embedded into decisi…Read Article
Canadian construction companies face supply chain risk
Artificial IntelligenceEnterprise risk leaders are most concerned about rising tariffs and trade tensions heading into the second half of 2025, according to a new report from Gartner. The firm’s second-quarter Emerging Risk Report, based on a survey of 223 senior risk, audit, and compliance executives, ranks the escalating trade war as the top emerging risk, up from third in the first quarter. Top emerging risks of Q2 2025 (Source: Gartner) The quarterly report tracks…See the Story
