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.
It was good to see a reduction in incoming claims in Q4, overall, 2019 was a volatile year with large claims from our client’s. These not only impacted those trading directly with the insolvency, but many would have experienced flow-on effects such as extended payment terms, resulting in tighter cashflows.
We have many clients reaching out at the moment with concerns that have stemmed from the Coronavirus. This is now impacting trade and payments with businesses dealing with China directly or China exposed supply chains. If you have any issues or would like more information, please see the articles in the newsletter or contact us directly.
Kind regards
Stuart Anderson
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The Central,
8 Eu Tong Sen Street #23-84,
Singapore 059818
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+65 6221 0460
info@ncib.sg
