​As Hong Kong approaches the end of 2025, businesses continue to face mounting pressures from multiple fronts. Beyond the lingering post-pandemic effects, the ongoing US-China tariff battle and rising operating costs have severely impacted many local enterprises—particularly those in traditional sectors. According to recent data, more than 300 companies have ceased operations so far this year, with the food and beverage (F&B) sector accounting for over 70% of total closures. 

In our last article, Part 2 of the Bad Debt Prevention series, we explored how to conduct effective financial due diligence on new customers. In this article, we will focus on how to establish an effective accounts receivable warning system so you can spot overdue payments early and take prompt action to reduce bad debt losses by up to 70%.  

​In our last article, Part 1 of the Bad Debt Prevention series, we explored the key warning signs of slow-paying customers. In this article, we will reveal the second strategy: a five-step financial health check for your customers, including free and paid tools to help you reduce risks from the start.

Are late payments and bad debts draining your business? Many business owners ask: “Why do I only discover bad debts after the customer has gone silent?” or “How can I detect delinquent customers earlier?” Bad debt doesn’t just mean losing money — it also wastes your time and energy chasing payments. Instead of waiting for trouble to strike, take control now! Drawing on years of expert debt collection experience, we will share 3 practical strategies to proactively protect your cash flow by spotting risk early and setting up an effective warning system.

​Hong Kong’s economy continues to deteriorate, with rising bankruptcy rates, declining property prices, and a steep slump in retail activity. Many businesses are facing unprecedented challenges across different parts of the supply chain.  

In such turbulent times, companies should act early to pursue outstanding receivables to reduce bad debt risks and ease cash flow pressure. However, while actively collecting debts, it’s crucial to remain vigilant adopting the 10 common debt collection tactics. By understanding these tactics and preparing effective countermeasures, businesses can better safeguard their interests and improve recovery rates.  

​The latest market data paints a worrying picture: over 4,000 Hong Kong employers have defaulted on their Mandatory Provident Fund (MPF) contributions.  In today’s market, proactive action is the difference between recovery and loss.

​iQor RMS had reviewed in its earlier blog in regard the latest news of legal collection in China. Hereby we would like to share the current credit and recovery risks in doing business with the mainland China, and the various provisions of services/reports that help to mitigate risks in dealing with this market.

​The Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and Commercial Matters was signed between China and HKSAR in January 2019. This arrangement helps to skip the process of re-litigation and speed up account receivables collection in China by Hong Kong corporates.

The unpredictability and uncertainty of the US-China trading battle have triggered anxieties and fear on exporters trading between China and the US. Some said the tariffs paid to the US government should be importers of the US, not the manufacturers.

The US-China trade war has an enormous impact not only on manufacturers, but also severely crash on Hong Kong and China logistics companies. Cases and debts from logistics companies received by RMS have more than doubled in the last two months.