It was up across all five sectors but services and manufacturing saw the largest increases y-o-y.
This was due to a jump in payment delays within the recreational, hotels and accommodation and social services sub-segments impacted by the coronavirus pandemic. Audrey Chia, D&B Singapore’s chief executive officer, said SCCB is expecting the downtrend in payment performance to continue as firms are exposed to a higher risk of payment delinquency in the months to come.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus: Private security firms can continue operations, says Security Association SingaporeSINGAPORE - Private security personnel will continue operating where they have been deployed, even as most workplaces in Singapore shutter from April 7 as part of an enhanced measure to limit the spread of the coronavirus.. Read more at straitstimes.com. Go and check some security firms are not giving proper mask for their security personnel endangering their lives
Source: The Straits Times - 🏆 8. / 63 Read more »
Insurers start receiving queries on deferment of premium payments amid COVID-19 outbreakSINGAPORE: Some individuals with life and health insurance have started enquiring about how to defer payments for their policy premiums, days ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Coronavirus: What next for SIA and the Singapore Airlines Singapore Grand Prix?SINGAPORE - There are still five months to the Singapore Airlines Singapore Grand Prix but there is already doubt about its future, with the coronavirus pandemic continuing to wreak havoc around the world.. Read more at straitstimes.com. Focus on one thing at a time. Always prepare for the next.
Source: The Straits Times - 🏆 8. / 63 Read more »
88-year-old man dies of Covid-19, 6th such death in Singapore[SINGAPORE] A sixth patient has died from the coronavirus infection in Singapore, the Health Ministry said on Saturday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
F&B businesses to receive support for food delivery orders with new Enterprise Singapore booster packageSINGAPORE: Food and beverage (F&B) businesses with delivery orders will receive support from a new Enterprise Singapore booster package. The ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
COVID-19: Essential healthcare services to continue during elevated safe distancing measures periodSINGAPORE — Essential healthcare services will continue to operate during the period of elevated safe-distancing measures in Singapore from 7 April to 4 May.
Source: YahooSG - 🏆 3. / 71 Read more »