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Services firms in Singapore post 2.8% rise in income in Q2 over year ago

Published on Aug 27, 2014 1:10 PM
 
The Singapore Business District skyline at night as seen from 50th floor of The Pinnacle on Sept 19, 2013, showing the skyscrapers which house offices and banks. Takings for services firms in Singapore rose 2.8 per cent in the second quarter of the year from a year ago. -- PHOTO: ST FILE

SINGAPORE - Takings for services firms in Singapore rose 2.8 per cent in the second quarter of the year from a year ago.

But they remained largely unchanged from the first quarter, according to the business receipts index published by the Department of Statistics on Wednesday.

Almost across the board, services companies reported higher takings in the April to June period from the previous year.

Health and social services saw the largest increase in income of 8.2 per cent, while financial and insurance firms posted a rise of 4.5 per cent and education providers took in 4.1 per cent more.

 
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