Services sector business receipts jumped 5.2% in 4Q 2010

Business receipts improved 9.8% y-o-y in the fourth quarter of last year.

According to Singapore Department of Statistics, business receipts of the services sector, excluding wholesale & retail trade and hotels & restaurants, rose 5.2% in the fourth quarter 2010 over the previous quarter, with positive growths reported by all major services industries.

Information & communications services reported an 11.9% increase in turnover, followed by education services with a turnover growth of 10.3%.

All other services industries registered improved business receipts from 2.6% to 6.9%.

On a year-on-year basis, all services experienced positive growths. "Other activities", real estate, rental & leasing and financial & insurance services registered significant turnover growths of 39.5%, 14.8% and 10.6% respectively during fourth quarter 2010.

Higher business receipts were also reported in business services (9.6%), information & communications (8.1%), education (6.8%), health & social work (5.4%) and transport & storage (3.2%) services industries.

Also Read

Economy Lorem Ipsum

Mixed views on MAS policy for 1H25 as Singapore faces inflation and growth risks

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!

I want to download the media kit

Top News

SBR 5 Lorem Ipsum News 2 [8 May]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

3 days ago

SBR 4 Lorem Ipsum [8 May Top Stories]

3 days ago

Vibrant Group wins suit against Blackgold Australia

The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.

Lorem Ipsum text in year 2025

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.

Agribusiness