Pysy päivitettynä ajankohtaisimmista uutisista, päivityksistä ja oivaltavista näkemyksistä kauppaveloista ja kaupallisesta perinnästä kaikkialla maailmassa, Atradius Collectionsin asiantuntijoiden kautta.
The oil price has plummeted since the beginning of 2020 as the coronavirus is negatively affecting demand, while oil producers are entangled in a price war.
Lower global trade, ongoing trade policy uncertainty, less demand from China and the ICT downcycle have an immediate impact on Singapore's export-driven economy.
Construction activity decreased towards the end of 2019 against the backdrop of weaker economic growth and political issues (shifting Brexit deadlines and a snap general election in December).
According to the national association of construction companies (ANCE), in 2019 construction investment increased 1.7% year-on-year, to about EUR 130 billion.
Growth of French GDP is expected to slow down further in 2020, and the outlook for the construction sector is rather subdued across all major segments.