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
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Nisha Ramchandani
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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).
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