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...

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.