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.

THE payment performance of local firms weakened slightly in the second quarter of this year following two consecutive quarters of improvements, according to Singapore Commercial Credit Bureau (SCCB).

SINGAPORE'S construction sector recorded the highest percentage of delayed bill payments for the ninth consecutive quarter, but the overall payment performance of local firms got off to a strong...