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Singapore firms struggling with cash flow amid US tariffs

Singapore firms struggling with cash flow amid US tariffs

CNA16-05-2025
Singapore companies are struggling with cash flow, as their orders get delayed and customers miss payments. They have voiced these concerns to the Singapore Economic Resilience Taskforce chaired by Deputy Prime Minister Gan Kim Yong. Local firms are facing uncertainty over the effects of US tariffs and slowdown in the global economy. Mr Gan said the taskforce is keeping a close watch on local firms and support measures will be given, if needed. Nasyrah Rohim reports.
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