Growth in Singapore services sector revenue eases to 4.1% in Q4

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SINGAPORE'S services industries saw more takings in the last quarter of 2018, although growth was slower than before, according to data from the Department of Statistics (SingStat) on Wednesday. Read more at The Business Times.

Revenue growth for business services, which includes real estate, travel, security and professional services, cooled to 1.3 per cent, from 5.8 per cent in the previous quarter.

SingStat noted that the lower turnover in education reflects a payment cycle where higher education institutions tend to collect more tuition and fees in the first and third quarters.

 

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