Business receipts in Singapore jumped 7.7%

Find out the best performing segment.

According to the Department of Statistics, on a year-on-year basis, overall business receipts grew by 7.7% in second quarter 2013, with all services industries registering positive growth.

Compared with the same quarter in 2012, the business receipts of the financial & insurance services industry grew by 13.9% and that for the real estate, rental & leasing services by 11.5%.

Other services industries that experienced positive growth included health & social services (7.2%), information & communications services (6.5%), business services excluding real estate, rental & leasing services (6.5%), education services (4.1%), recreation & personal services (3.8%) and transport & storage services (1.0%).

Quarter-on-Quarter Change

Business receipts of the services industries, excluding wholesale & retail trade and accommodation & food services, rose 2.0% in second quarter 2013 over the previous quarter.

Higher business receipts were reported by firms in real estate, rental & leasing services (7.5%), followed by information & communications services (4.9%). Similarly, turnover of business services excluding real estate, rental & leasing services increased 4.5% while turnover of transport & storage services and health & social services rose 3.3% and 2.8% respectively during the same period.

In contrast, education services recorded a drop of 15.5% in operating receipts during the quarter. Business receipts received by recreation & personal services and financial & insurance services also fell marginally by 0.4% and 0.2% respectively.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia