, Singapore

Services growth peaks

Growth was led by the wholesale and retail trade (18.9%), hotels and restaurants (10.4%) and the other services segment (12.9%), according to DBS.

DBS Group Research said, "The services sector posted a fairly robust growth of 11.2% YoY in 2Q10."

In addition, growth in the "Other Services" segment rose sharply with the Department of Statistics allocating the gaming returns from the new integrated resorts into the said segment.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!