Singapore, 22 February 2011 – Local companies presented a confident show in the accounts receivable front in 2010, though Q4 payment performance started to decline with a drop in overall prompt payments, down 4.2 percentage points from Q3 2010. Optimism may seem to have rung back into the local business community, albeit not at past pre-crisis level.
To read the full story click on the attachment: Singapore Commercial Creditbureau Q4
Source: Singapore Commercial Credit Bureau
About Singapore Commercial Credit Bureau: Established in 2005, Singapore Commercial Credit Bureau (SCCB) operates a database of local enterprises and their credit history to provide clients with the insight needed to build trust and improve the quality of business relationships with their customers, suppliers and business partners. SCCB operates under D&B Singapore.