
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.