Q4 Payment Promptness Eases Off After 3 Straight Quarters Of Buoyant Performance

Posted by Joachim Bartels | Mar 20, 2011 | Uncategorized | 0 |

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.

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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