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Managing cash flow is a must in good times and bad: Deloitte

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Data showed that 60,200 companies closed down in Vietnam in the first three months of this year.

Mr Derek Lai, its global insolvency leader, told a briefing on Thursday that he sees more restructuring happening in South-east Asia and China in the near future.

PHOTO: BLOOMBERG

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SINGAPORE – An increasing number of companies are facing a cash crunch and must manage their liquidity and income flow better in the light of heightened global uncertainties and inflationary pressures, said accounting giant Deloitte.

Mr Derek Lai, its global insolvency leader, told a briefing on Thursday that he

sees more restructuring happening in South-east Asia

and China in the near future.

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