Cash-flow issues 'threatening to stall SME growth'
Delayed payments from customers shooting up just as small companies shift out of survival mode: survey
Singapore
POSITIVE signs have emerged that small- and medium-sized enterprises (SMEs) are shifting from survival mode to growth mode, as more look beyond cost-cutting to revenue generation.
But one looming threat that has the potential to derail expansion plans for SMEs is cash flow, as more experienced delayed payments this year, according to findings from the 2017 SME Development Survey by DP Info.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
Banyan Group heir Ho Ren Yung: ‘Better to be useful than happy’