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Payment performance of local firms improves marginally in Q1: SCCB

Vivienne Tay
Published Tue, Apr 5, 2022 · 09:50 PM

    Singapore

    THE payment performance of firms in Singapore has shown improvement for the second straight quarter in Q1, said the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Apr 5).

    "We are seeing a continued uptrend in the payment performance of local firms in the first quarter of 2022," said SCCB chief executive Audrey Chia. That being said, improvements in payment performance have been marginal compared to the previous quarter.

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