Ministry of Trade & Industry (MTI)

Delayed payments from customers remains key challenge for SMEs: SPRING survey

SINGAPORE (Dec 18): Managing delays in customer payments remains as a key finance-related challenge for Singapore's small-medium enterprises (SMEs) even with easy access to debt financing, according to recent findings from the 2017 SME Financing Survey by SPRING Singapore. 

Now in its second edition, the 2017 SME Financing Survey involved over 1,800 SME respondents across various industries, revenue bands and stages of development, and was conducted by SPRING Singapore in partnership with Dun & Bradstreet between June and Sept this year.

The O&G nightmare is lifting from Singapore’s banking sector

SINGAPORE (Nov 30): UOB Kay Hian is keeping its “overweight” call on the Singapore banking sector while maintaining its “buy” recommendations on DBS Group and Oversea-Chinese Banking Corp (OCBC) at target prices of $20.15 and $10.45 respectively.

While United Overseas Bank (UOB) is unrated, the research house has given it a target price of $19.88 and highlights the bank as “more resilient and well-positioned to weather the current credit cycle” given it has the least exposure to the beleaguered O&G sector.  

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