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Companies' bill payments worsen for 3rd straight quarter

Economist cites slowing economy; manufacturing and trade-related services hit by US-China trade spat

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Tay Peck Gek

Tay Peck Gek

Published Tue, Jan 8, 2019 · 09:50 PM
Manufacturing & wholesale slower in payment

Singapore

LOCAL firms' payment performance deteriorated in the last quarter of 2018, making for three straight quarters of worsening.

Their performance was also worse than that in the last quarter of 2017, said the Singapore Commercial Credit Bureau (SCCB).

ManufacturingConstructionRetailServices

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