The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
The sector still suffers from fierce competition with prices and profitability at a low level, while major players keep putting pressure on subcontractors.
Banks remain rather cautious in providing loans to the industry due to the large number of insolvencies and generally volatile market demand situation.
The profit and loss accounts of businesses active in energy-intensive segments (e.g. cement) are negatively affected by elevated electricity and gas costs.
While mining-related activity could decline further the prospects for growth in other parts of engineering and non-residential construction are improving.
The outlook for 2018 remains subdued and the already low profit margins of many construction businesses are expected to deteriorate further in H1 of 2018.
Costa Rica’s GDP growth is expected to accelerate driven by private consumption, robust private, public and foreign investment, and further export growth.
The economic recovery in emerging market economies is expected to continue strengthening in 2018 and these markets could present opportunities for business.