Category: Business

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

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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

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