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Singapore firms see more payment delays in Q2; retail and services post highest jumps

Slow payments up 3.20 percentage points; cash flow for most firms likely to remain tight

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Payment delays among firms in Singapore have risen for another quarter, with retail and services posting the highest jumps out of all sectors, amid the economy's coronavirus-induced partial lockdown.

Singapore

PAYMENT delays among firms in Singapore have risen for another quarter, with retail and services posting the highest jumps out of all sectors, amid the economy's coronavirus-induced partial lockdown.

According to the Singapore Commercial Credit Bureau (SCCB), slow...

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