30 May '11, 5am

Q1 2011 Business Receipts For Services Rose 8.3% On-Year: All service industries posted growth except for education.

Business receipts for the services sector in the first quarter of 2011 grew 8.3% on-year. Compared to the Q4 2010, demand was unchanged. According to the Singapore Department of Statistics (DOS), all service industries posted growth apart from education, which fell 11.5%. Business receipts grew on-year in Q1 2011 for: recreation and personal services (+36.9%) health and social services (+15.2%) financial and insurance services (+12.6%) real estate, rental and leasing (+7%) information and communications (+5.8%) transport and storage (+4.9%) Source: "Business receipts index for services industries - first quarter 2011 " (PDF), DOS Press Release, 27 May 2011

Full article: http://www.business.gov.sg/EN/News/20110530services

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