SINGAPORE -- The all-important services industry, which makes up two-thirds of Singapore's economy, is the latest sector to record a return to robust growth.Business has been particularly strong among firms here involved in financial and insurance services, education, and information and communications.
This helped to drive the business receipts index 8.8 percent higher in the first quarter, compared to the same period last year. By contrast, in the first three months of last year, business receipts — income from business operations — of these firms had slid 2.3 percent from a year earlier. Full Story
