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In the medium- to long-term low-cost competitors from Asia and the Middle East could seriously challenge Singapore's export-oriented chemicals industry.

The plastics segment is impacted by environmental awareness and stricter regulations, which could negatively affect businesses in the near future.

The EU continues to buck the international protectionist trend, signing two historic trade agreements.

Although Mexico is well-positioned to withstand shocks, as its external finances remain strong, the country’s economic outlook is weakening.

Despite solid fundamentals, underpinned by persistently strong household and business confidence, clouds are developing over the U.S. economy.

The Brazilian economy is going through a significantly challenging phase, which is severely affecting business and consumer sentiment.

Trade credit risk worries businesses more than trade wars.

The Canadian economy continues to operate near its potential and the composition of growth is more balanced.

Despite healthy growth in many ICT segments, stiff competition is leading to low pricing and margin compression for distributors and retailers alike.

A major increase in insolvencies is not expected for the time being, but cannot be ruled out should the trade dispute with the US further escalate.

Despite the looming Brexit uncertainty, the UK technology sector attracted more venture capital investment in 2018 than any other European country.

Despite further sales growth most businesses continue to operate on very tight margins due to fierce competition, while equity strength is below average.

An economic slowdown in China triggered by the Sino-US trade dispute would surely lead to lower demand for ICT exports to China and to other parts of Asia.

The currently rather good situation for French ICT businesses could quickly worsen, due to the fast changing and very competitive market environment.

The Italian ICT wholesalers and retail segment is negatively impacted by stiff competition, high pressure on margins and liquidity management issues.

ICT continues to be characterised by stiff competition and cheap imports causing pricing pressures, especially for smaller IT resellers and distributors.

The recent escalation of the Sino-US trade dispute and the US restrictions on suppliers to Huawei will surely affect certain Taiwanese ICT businesses.

The profit margins of many Spanish ICT wholesale and retail businesses remain tight, which is mainly due to high competition in terms of sales prices.

While ICT distributors are becoming larger, many smaller companies are changing their business models towards a more IT service-oriented approach.

Payment experience over the past two years has been good and the level of protracted payments and insolvencies remains low compared to other industries.