Cashflow major challenge to profitability for S'pore firms: poll
On collections and late payment, the Republic also a laggard in the region
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Singapore
ALMOST one in three companies here say adequate cash flow remains a main challenge to profitability, a survey has found.
The main challenge to profitability in Singapore was "maintaining adequate cashflow", at 31.7 per cent (view infographic), although this was the second lowest response rate of all the Asia-Pacific economies surveyed, said the Atradius Group, a trade insurer company based in Amsterdam, on Thursday. Taiwan felt maintaining adequate cashflow most keenly, at 43.5 per cent.
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