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Local firms fared better in paying bills promptly in 2017

For the eighth consecutive quarter, the construction sector as a whole recorded the highest proportion of payment delays. Nearly 60 per cent of payments were delayed ones.


LOCAL firms are making payments more promptly, with the annual average proportion of prompt payments rising from an all-time low of 43.77 per cent in 2016 to 48.4 per cent last year.

Data from the Singapore Commercial Credit Bureau (SCCB)...

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