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Credit-smart SMEs improve average debt settlement time

Published Thu, Jul 14, 2016 · 09:50 PM

Singapore

SINGAPORE'S small and medium enterprises (SMEs) have become more "credit" smart with a growing number tightening their terms and conducting more due diligence before extending credit to their clients.

This has helped with the average time taken by an SME to settle a debt as it has fallen substantially in the last 12 months.

Based on the days turned cash (DTC) national average for the last four quarters, SMEs took an average of 29 days to set…

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Companies & Markets

Companies & Markets

Credit-smart SMEs improve average debt settlement time

Companies & Markets

UBS plans next round of layoffs in Credit Suisse integration

Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources

Philippine central bank’s deputy governor sees upside risks to inflation

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

IMF says US, China debt pose risks for global public finances

Japan’s Uniqlo opens Rome store as part of European expansion

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