Income from Singapore business operations falls marginally

Income from Singapore business operations fell marginally in the second quarter of 2011 compared with the previous quarter. On a year-on-year basis, income also rose at a slower pace.

On a quarterly basis, the education sector fell 22 per cent followed by recreational and personal services which fell 1.6 per cent. The financial and insurance sector fell 0.8 per cent.

The real estate, rental and leasing sector rose 4.4 per cent. This was followed by business services (including legal services, accounting activities, architectural, engineering and technical services) which rose 2.1 per cent. The transport and storage sector increased by 1.8 per cent.

ORIGINAL SOURCE

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