Chart of the Day: Check out which industry recorded the highest yield growth
The said industry reported an 8.8% growth in business receipts.
Overall business receipts in Singapore grew 5% YoY in the first quarter of the year compared to last year.
According to the latest statistics from SingStat, all services performed better in the said quarter, with information and communications services industry recording the largest growth of 8.8%.
Similarly, business receipts rose for the health & social services (8.6%), business services (7.3%), recreation & personal services (6.7%), education services (6.5%), and transport & storage services (4.4%).