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In July 2024, the NTUC Enterprise co-operative gave an irrevocable undertaking to sell a majority 51% stake of Income Insurance Ltd to German insurer Allianz. [13]NTUC Enterprise Chairman Lim Boon Heng stated that "is a capital-intensive business and to grow, there is a need to tap the capital markets" and that the sale was necessary because the "strength of Allianz’s financial position will ...
He was appointed, as the Group Chief Executive at NTUC Enterprise on 1 October 2013. [1] Previously Tan was Chief Executive of NTUC Income Insurance Co-operative Limited in Singapore from February 2007 to September 2013. He has served as a member of the organization's Board of Directors since 2003. [2]
The NTUC was first established in 1961 when the Singapore Trades Union Congress (STUC), which had backed the People's Action Party (PAP) in its successful drive for self-government back in 1959, split into the pro-PAP NTUC and the non-affiliated and more leftist Singapore Association of Trade Unions (SATU).
The NTUC Co-operative Commonwealth for Transport Limited ("COMFORT" or "NTUC Comfort") was hence formed by the NTUC as a social enterprise together with the affiliated NTUC Income and NTUC Welcome. [5] Comfort started operations in 1971 started with a fleet of 1,000 taxis, with the first taxis entering service at the end of January that year ...
One Marina Boulevard was designed by DP Architects, and completed in 2004. Other firms involved in the development include Singapore Labour Foundation Management Services, Samsung Corporation, Beca Carter Hollings and Ferner, Hyder Consulting, Arup Singapore, Davis Langdon & Seah Singapore, Sika Services AG, Building Systems, and National Trades Union Congress.
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NTUC FairPrice is the largest supermarket chain in Singapore. [2] The company is a co-operative of the National Trades Union Congress (NTUC). The group has more than ...
NTUC may mean: National Trade Unions Confederation, national trade union center in Mauritius. National Trades Union Congress, a national trade union centre in Singapore.