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The more relaxed trade credit policy introduced by Indian businesses had a negative impact on Day-Sales-Outstanding (DSO).
Financial challenges facing companies polled in the United Arab Emirates are highlighted by bad debts affecting 11% of all B2B invoiced sales.
Late payments increased during the past year and now affect an average 48% of all B2B invoiced sales among companies in Indonesia.
B2B sales on credit dropped sharply among Singapore companies during the past 12 months. It highlights the severe challenges facing the Asian economy.
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