Singapore firms’ payment performance improves for fourth straight quarter

Quick Summary:

Prompt payments rose to 41.11 per cent in the second quarter of 2024.

Slow payments declined 0.05 percentage point qoq and 0.25 percentage point yoy to 44.07 per cent.

Prompt payments in the second quarter improved by 0.04 percentage point quarter on quarter (qoq) to 41.11 per cent.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Quarter Delays Point Construction Sector Payment Cent Payments Services Slow Percentage

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 11:08:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 708 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21454581

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

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Publisher ID: #25

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