Slow payments rise for first time in six quarters in Singapore


Slow payments inched up 0.05 percentage point to 44.05 per cent in the fourth quarter, from 44 per cent in the third quarter, according to data released on Jan 7. — The Straits Times

SINGAPORE: The quantum of slow payments among Singapore firms rose for the first time in six quarters, led by the services sector, according to the Singapore Commercial Credit Bureau (SCCB).

Slow payments inched up 0.05 percentage point to 44.05% in the fourth quarter of 2024 (4Q24), from 44% in the third quarter, according to data released by the firm on Tuesday.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Gamuda expects FY26 to be driven by newly awarded domestic construction projects
Astro Malaysia expects to benefit from 4Q holiday-season momentum
Cheeding JV secures RM13.54mil contract from TNB
IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut

Others Also Read