There is a buzz at NCI as we enter our 35th year. Since 1985 we have grown to over 190 staff in 4 countries who now support more than 3,500 clients across the Asia Pacific region.
As we approach this milestone, our focus is further increased on our clients. How we can help their growth, protect them, assist them and find solutions for them. This year, we embark on a transformation that I will be excited to share with you in due course.Read More
With over 82,000 cases at February 27 and more countries confirming infections it seems not only China will be economically impacted directly with more localised quarantine areas and borders being closed. The social and humanitarian implications of the outbreak are, rightfully, to the front of the world’s thinking.
However, with the focus of the outbreak still being felt by China one of world’s largest manufacturing territories, there are fundamental concerns relating to impact on supply chains and the ability of businesses to meet their own performance obligations. In this regard, increasing attention is being directed to the relevance and application of ‘force majeure’ clauses in business contracts.Read More
Recently there have been economic concerns in the Asian region and this has been echoed by our clients who represent a diverse range of industries. It also supports recent articles that say Singapore is experiencing some headwinds in global trade which is impacting revenue and margins.Read More
Australian Financial Review: Singapore slashes 2019 GDP forecast as global risks expand. John Geddie and Anshuman Daga: Aug 13, 2019
Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting fears of recession in the city-state.Read More
A great deal has been written on this subject and it’s clear this development of new order protectionism will hurt both countries. There is no easy solution as China needs USA demand and domestic manufacturing for assembly and components – think Apple products.Read More
While we’re rapidly progressing through 2019, we should stop to take a moment and reflect on a couple of points from our most recent Client Satisfaction Survey.Read More
We have seen more discussions with CFO’s on the new IFRS 9 rules which were introduced in January 2018 and will be mirrored by US GAAP standards (ASU 2016-13) effective in 2019.Read More
I’m excited to announce that, in May, we welcomed Zena Dang to our specialist team as General Manager of Sales Asia. Zena’s wealth of experience, following roles with Euler Hermes and Coface, adds to our specialist expertise. As our growth continues we are expecting to add a number of new staff to maintain the highest level of service available for Trade Credit Insurance in Asia.Read More
First estimates indicate that Q1 real GDP rose by +4.3% y/y (up from +3.6% in Q4 2017) and +1.4% on a q/q annualized basis (+2.1% in Q4).Read More
As individuals, many of us will have seen emails from the likes of Google, EBay, Paypal etc advising us of their commitment to the new “GDPR”. The GDPR is the General Data Protection Regulation and is being introduced across the EU from 25 May 2018.Read More
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