Gerv Tacadena
,
Singapore
It saw a pull back from the telco segment.
The growth in the information & communications sector eased for the past quarter, the data from the Ministry of Trade and Industry (MTI) showed.
According to MTI, the output growth slowed to 1.8% from 2.1% in the preceding quarter.
This is due to a sharper pullback in the telecommunications segment.
By contrast, the IT & information services segment saw robust growth as a result of strong corporate demand for IT solutions.
Meanwhile, on a quarter-on-quarter seasonally-adjusted annualised basis, the sector grew by 2.2%, moderating from the 7.0% growth in the preceding quarter.
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