APAC Corps to recover in 2021, but cash flow weaker than 2019

Newsroom24x7 Network Sydney/Singapore: Fitch Ratings expects corporate issuers in APAC to continue to stage a gradual recovery in 2021. Nevertheless, Fitch expect aggregate 2021 revenue for their portfolio of 330 publicly rated Asia Pacific corporates to be 7% lower, and 2021 EBITDA 15% lower, than their pre-coronavirus forecasts. Fitch has underscored pandemic-related factors contributed predominantly… Read More APAC Corps to recover in 2021, but cash flow weaker than 2019

UK and Switzerland confirm participation in revised government procurement pact

Newsroom24x7 Network    Geneva: Switzerland and the United Kingdom have completed the final step for making their respective participation in the revised Government Procurement Agreement (GPA) effective. As of 1 January 2021, the revised GPA will be in force for Switzerland, and the UK will be a party to the accord in its own right.… Read More UK and Switzerland confirm participation in revised government procurement pact