| eNewsletter:
Credence |
Infocredit Holdings Group of Companies
Dun & Bradstreet (Singapore) Pte Ltd | Dun &
Bradstreet D&B (Malaysia) Sdn Bhd | Infocredit Ocean Bridge Pte Ltd | Infocredit
Databank Pte Ltd | Credit Bureau
(Singapore) Pte Ltd
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FROM
THE EDITOR'S DESK
Bracing For Gloomy Weather
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Downside
risks have increased as concerns of a double-dip recession in the
US have emerged, and sentiment in the Eurozone remains fragile. The
sovereign debt crisis in EU has manifold implications for companies,
with potential risks including a weaker economic outlook, deteriorating
payment trends, and heightened exchange rate volatility. Worryingly,
exchange rate volatility decreases the predictability in trade and
investment dealings for businesses. Back in
Singapore, businesses remain optimistic, albeit a muted economy growth
in 2H11.
On a lighter note, our annual Customer Appreciation Event - Movie
Screening Night was held in May this year. Do read on to find our how
our clients had a blast at this recent event.
Penny
Phua
Marcom & Product Manager, Product Development &
Marketing
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Credence
highlights on Issue 20
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D&B
SINGAPORE
3nd Quarter Singapore Business Optimism Index
The
first half of 2011 was indelibly associated with a series of downside
events with high impact. News headlines were swamped with uprisings in
the Middle East and North Africa, and dnatural disasters that plagued
Japan, China and Oceania. However, some observers are quick to point
out that such events, wittily termed as black swans, can have a
positive silver lining while dark cloud abounds the current political
and economic horizons.
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COUNTRY
RISK
Credit
Risk Changes
The risk ratings for the month of August
indicate that 3 country had been upgraded and 8 countries downgraded.
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D&B
INTERNATIONAL RISK & PAYMENT REVIEW
FOCUS: The Euro Debt Crisis
The
outlook for the euro zone remains uncertain; however, it is clear that
the current levels of sovereign debt cannot be sustained, and this is
likely to lead either to some form of debt restructuring or to the
establishment of closer fiscalties within the EU/euro zone.
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D&B AND SCCB JOINT CUSTOMER APPRECIATION EVENT 2011
Movie Screening Night
A
big thank you to all customers who attended our second run of the movie
screening event held on 20 May at Golden Village, Plaza Singapura.
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CREDIT
BUREAU SINGAPORE
High-end Cardholder Segment Fuels Growth Engine For Card Issuers
Latest
figures from Credit Bureau Singapore reveal that the high-end credit
card space has weathered economic downturn to expand by a third in the
last two years.
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SINGAPORE
COMMERCIAL CREDIT BUREAU: SCCB PRODUCT FEATURE
Enhanced Creditscan Consumer
Bureau
offers value-added service to consumer credit providers to meet the
growing needs of grantors of consumer credit by offering privy to the
credit history and payment performance of individuals.
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D&B
MALAYSIA
ETP Investments To Boost Malaysia's Global Competitiveness
In
July, six strategic reforms initiatives (SRIs) were announced with an
aim to create RM13 billion in fiscal space and complete thee framework
fro the Economic Transformation Programme (ETP).
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POWER
PHILOSOPHER
Simple Cyber-Security Measures
Dr Mike
Teng shares tips on how to safeguard your private documents from cyber attackers.
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