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Australia Risk Climate: Business Failures Jump 25 Percent

Retail and service-based startups fall dramatically as failures rise Business failures rose 25 percent during the June quarter to reach their highest level in 12 months. Smaller businesses and those in the retail, finance and service sectors recorded the highest failure rates, indicating firms in troubled sectors of the economy are struggling to stay afloat during periods of reduced cash ... Read More »

Dubai SME and D&B SAME Sign Partnership for Dubai SME 100

Dubai SME, the agency of the Department of Economic Development, or DED, Government of Dubai, entrusted with the development of the small and medium enterprise, or SME, has signed a partnership agreement with Dun & Bradstreet (South Asia Middle East Ltd) to offer exclusive benefits to the top 100 SMEs in Dubai. The partnership will entitle companies ranked under the ... Read More »

Beijing expands support for Hong Kong

China’s vice-premier Li Keqiang on a recent visit to Hong Kong announced measures intended to boost Hong Kong’s pre-eminence as China’s financial centre and its role as the offshore trading hub for the renminbi. Source: Financial Times BIIA comment:  Hong Kong has always served as a role model as a financial centre.  It has an excellent legal system,  financial and ... Read More »

Indian Risk Climate: D&B Business Optimism Index Falls by 21.7%

Mumbai India: The Dun & Bradstreet Composite Business Optimism Index stands at 143.6 during Q3 2011, a decrease of 4.2% as compared to Q3 2010. On a q-o-q basis, the index recorded a decrease of 21.7%. Based on the responses received, it was observed that each of the six optimism indices – namely, Volume of Sales, Net Profits, Selling Prices, ... Read More »

Australian Risk Climate: Two-Thirds of Businesses Fail To Pay Bills

The number of firms paying bills over three months late jumps 20 percent According to the latest Dun & Bradstreet Australia Trade Payment Analysis, which examines business to business payment terms for the June quarter 2011, Australian businesses are taking almost a full month longer than average to pay their bills, with national payment terms reaching 53.4 days during the ... Read More »

Serials Solutions Summon™ Service Continues to Expand Content with Hoover’s Company Records

SEATTLE – July 14, 2011 – Serials Solutions, a business unit of ProQuest LLC, today announced it has signed an agreement with Hoover’s, Inc. to enable the discovery of Hoover’s Company Records content from the Summon™ web-scale discovery service. With the inclusion of Hoover’s Company Records, researchers now will have access to the most thorough and up-to-date business information for their ... Read More »

Australian Risk Climate: Consumers struggle to manage debt burden

 One in three Australians will struggle to meet credit commitments in the September quarter Almost one third of Australians will struggle to meet their credit commitments in the September quarter, and 37 percent intend to use their credit card to purchase something they could otherwise not afford. Twenty-one percent say their household debt will increase over the next three months, ... Read More »

Australian Risk Climate: Business Expectations Continue to Fall

Capital expenditure halts and firms shed employees as sales projections dip   Executives are increasingly pessimistic about the outlook for the new financial year, despite selling prices remaining steady and the majority of firms experiencing sales growth during the March quarter. Those in the manufacturing, wholesale and retail sectors will allocate less capital to fixed assets and take on less ... Read More »

BOL Joins D&B in Launching ‘Online Trust Solutions’

Mr. Min Intanate, Executive Chairman of Business Online Public Company Limited and D&B Thailand attended the press launch of ‘OTS: Online Trust Solutions’ at Four Seasons Hotel, Bangkok, with Mr. Sahas Treetippabut, President of Thai e-Commerce Association. OTS or Online Trust Solutions is a service that seeks to increase the credibility between the customers and business partners with the companies ... Read More »

Key Management Changes at D&B

 D&B announced the appointment of four key executives effective June 1 2011: Richard H. Veldran is appointed Chief Financial Officer for D&B reporting to the CEO. Mr. Veldran, currently our Chief Strategy Officer, joined D&B in 2003 and held positions of progressively increasing responsibility, including CFO of North America, Treasurer, and Leader of Global Reengineering. Mr. Veldran replaces Anastasios G. ... Read More »

Observations from the BIIA Forum 2011: D&B’s Anthony Scriffignano’s Message to Users and Members

BIIA surveyed credit managers at the tail end of the global financial crisis concerning the performance of credit information during the crisis.  The response was that information companies played catch-up during the crisis pointing to a lack of real time data.  Furthermore financial statements were rendered useless because the liquidity crisis caused supply chains to collapse rather quickly.   BIIA asked ... Read More »

Australian Credit Climate: Deterioration of Payment Terms Signal Potential Cash Flow Problems for Businesses

BIIA Informs its User Community! Proportion of payments severely delinquent jumps 20 percent according to the latest findings of the D&B Australia Trade Payment Analysis March 2011. Notwithstanding Australias unprecedented mining boom there are problems brewing in the general business community.  The D&B March quarter report reveals that average payment terms have risen to 55.6 days, which is the slowest ... Read More »