Since the Annual Economic Survey of Singapore 2020, the business services sector has been disaggregated into its constituent sectors of real estate, professional services and administrative & support services.

Given that the professional services and administrative & support services sectors cover a wide range of activities which have different growth drivers, this article details the composition of the two sectors, as well as characterises their growth drivers. The article also describes the past performance of the two sectors, before concluding with the outlook for the sectors in 2021 amidst the COVID-19 pandemic.

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