The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Payment performance for local firms dips in Q2, led by wholesale trade

By sector, slow payments improved in construction and services, but worsened in manufacturing, wholesale, retail

Nisha Ramchandani

Nisha Ramchandani

Published Tue, Jul 3, 2018 · 09:50 PM
Share this article.

Singapore

THE payment performance of local firms weakened slightly in the second quarter of this year, with the wholesale trade sector recording the largest increase in slow payments.

This overall decline comes after two consecutive quarters of improvements, according to the Singapore Commercial Credit Bureau (SCCB).

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here