Cautious optimism in the six-month revenue forecasts of Australia’s small business sector highlights SME resilience – although the recovery is still uneven and varies significantly by state and sector. ScotPac’s SME Growth Index is Australia’s longest-running in-depth research on small business growth prospects. The Index results for the first half of 2021 show almost half […]
Small businesses in the Philippines significantly increased their use of online payment technologies and sales in 2020. However, difficulty accessing external finance may hamper their growth prospects in 2021, according to CPA Australia’s 2020-21 Asia-Pacific Small Business Survey. The survey canvassed 4,227 small businesses in 11 markets across the Asia-Pacific region, including Australia, Mainland China, […]
The small business sector in Mainland China is showing strong signs of confidence. 64% of small businesses expect their revenue to grow and 42% expect to increase their employee numbers in 2021. These results are part of CPA Australia’s 2020-21 Asia-Pacific Small Business Survey, published today. The survey canvasses the views of 4,227 small businesses […]
The China-Australia bilateral relationship deteriorated sharply over 2020, with China imposing both formal and informal trade restrictions on a number of Australian exports, including coal, barley, beef, wine, cotton among others. However, Coface expects that Australia’s GDP to be back to 2019 level as soon as this year. But there are growing concerns that an […]
The normalisation of diplomatic and trade relations between Israel and the UAE will unlock mutual trade opportunities given the complementary nature of the two nations’ economies, according to Atradius’ latest economic research report. Despite potential regional geopolitical tensions, cooperation between the two is likely to intensify in the long-term. With recessions in 2020 behind them, […]
Small businesses in Taiwan remain moderately resilient in the face of Covid-19-related uncertainties. In a recent survey by CPA Australia, 46% of small businesses reported growing in 2020, while 56% expect to grow in 2021. The survey canvassed the views of 4,227 small businesses in 11 markets across the Asia-Pacific region, including Mainland China, Malaysia, […]
New research from Crown Agents Bank has found that there is a strong appetite from UK companies to step up their presence in Africa, with 69% of those surveyed planning to expand their footprint in the continent following Brexit. The bank, which is a UK regulated provider of wholesale FX and cross-border payment services, asked […]
A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA AGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time. The transaction concerned a cotton shipment originating […]
DHL Express, the world’s leading international express service provider, released a new Whitepaper “The Ultimate B2B E-commerce Guide: Tradition is out. Digital is in“. The study predicts strong growth for the B2B E‑commerce market in the coming years: by 2025, 80% of all B2B sales interactions between suppliers and professional buyers will take place in […]
New research from Crown Agents Bank has found that there is a strong appetite from UK companies to step up their presence in Africa, with 69% of those surveyed planning to expand their footprint in the continent following Brexit. The bank, which is a UK regulated provider of wholesale FX and cross-border payment services, asked […]
