French trade credit insurer Coface eyes growth in South-east Asia amid rising trade risks
As the global economy fragments and supply chains shift, Coface is leaning into its market intelligence and analytics
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[SINGAPORE] In a world where global trade faces mounting headwinds, French trade credit insurer Coface is sharpening its focus on Asia-Pacific as it positions itself as a partner for businesses navigating risks.
Asia – and especially South-east Asia – represents both the company’s growth opportunity and rising trade uncertainty for Hugh Burke, chief executive officer of Coface Asia-Pacific.
“Asia has always been driving the global economic landscape… We are seeing a shift of opportunities from more mature markets in Asia to South-east Asia – like Indonesia, Thailand, Malaysia, Vietnam,” Burke told The Business Times.
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