, 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
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.