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Singapore Press Holdings
Singapore Press Holdings Limited (SPHL) was an organisation with businesses in property and aged care in Singapore. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments. Prior to 1 December 2021, SPHL was in the media business as well with a reach in the print, digital, radio, and outdoor media. It formed part of a duopoly on the mass media of Singapore, with the other player being Mediacorp. SPHL had over 4,000 employees, including a team of approximately 1,000 journalists, including correspondents operating around the world. 2,500 of the staff, including the journalists and its media business were subsequently transferred to SPH Media Trust. The company was one of the country's "blue-chip" counters on the Singapore Exchange Securities Trading Limited (SGX) until its delisting on 13 May 2022 following its acquisition by Cuscaden Peak. It was also a constituent of the Straits Times Index until its removal on 22 June 2020. History 1984: F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Library Board
The National Library Board (NLB) is a statutory board under the purview of the Ministry of Communications and Information of the government of Singapore. The board manages the public libraries throughout the country. The national libraries of Singapore house books in all four official languages of Singapore; English, Chinese, Malay and Tamil. Other than paper books, the libraries also loans CD-ROMs, DVD-ROMs, VCDs, video cassettes, audiobooks on CDs, magazines and periodicals, DVD-videos, Blu-rays and music CDs. Its flagship institution, the National Library, Singapore, is based on Victoria Street. History Although the NLB was first formed on 1 September 1995, its history had begun way back in the 1820s when Stamford Raffles first proposed the idea of establishing a public library. This library was to evolve into the National Library of Singapore in 1960, before expanding into the suburbs with the setting up of branch libraries in the various new towns throughout t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Temasek Holdings
Temasek Holdings (Private) Limited, or simply Temasek, is a Singaporean state holding company owned by the Government of Singapore. Incorporated on 25 June 1974, Temasek owns and manages a total of US$496.59 billion (S$671 billion) in assets under management (AUM) as of December 2022. Its net portfolio is US$287 billion (S$403 billion) as of 2022, with S$37 billion divested and S$61 billion invested during the year. Its one-year total shareholder return (TSR) was 5.8%, with longer term 10 and 20-year TSRs at 7% and 8% respectively, compounded annually. Its TSR since inception was 14%, compounded over 48 years. Headquartered in Singapore, it has 12 offices in 8 countries around the world, including in Beijing, Hanoi, Mumbai, Shanghai, Shenzhen; and London, Brussels, New York, San Francisco, Washington, D.C. and Mexico City outside Asia. It is an active shareholder and investor, with four key structural trends guiding its long term portfolio construction – Digitisation, Sus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NTUC Income
} Income Insurance Limited, commonly known as Income, is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore in 1970 to plug a social need for insurance, Income continues to serve the protection, savings and investment needs of individuals, families and businesses today to empower better financial well-being for all. Formerly known as NTUC Income Insurance Co-operative Limited ("NTUC Income"), the company now operates as Income Insurance Limited, a public non-listed company limited by shares. This follows the successful transfer of the insurance business of the co-operative, NTUC Income Insurance Co-operative Limited ("NTUC Income") to Income Insurance Limited, as part of its corporatisation exercise from 1 September 2022. Income has extended its footprint beyond Singapore intro the region and introduced new insurance business models including Insurance-as-a-Service, micro-insurance and investment, usage-based ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singtel
Singapore Telecommunications Limited, commonly known as Singtel, is a Singaporean telecommunications conglomerate and one of the four major telcos operating in the country. The company is the largest mobile network operator in Singapore with 4.1 million subscribers and through subsidiaries, has a combined mobile subscriber base of 640 million customers at the end of financial year 2017. The company was known as Telecommunications Equipment until 1995. Singtel provides ISP, IPTV ( Singtel TV) and mobile phone networks and fixed line telephony services. Singtel has expanded aggressively outside its home market and owns shares in many regional operators, including full ownership of Australia's second largest telco Optus and 32.15% of Bharti Airtel, the second largest carrier in India. Singtel controls significant market share in Australia and Singapore, with 82% of the fixed-line market, 47% of the mobile market and 43% of the broadband market in Singapore. Singtel is also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DBS Bank
DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank. It is one of the "Big Three" banks in Singapore, along with OCBC Bank and the United Overseas Bank (UOB). Listed on the Singapore Exchange, the bank was set up by the Government of Singapore on 16 July 1968 to take over the industrial financing activities from the Economic Development Board. Today, its more than 150 branches can be found throughout the country. DBS is the largest bank in Southeast Asia by assets and among the largest banks in Asia, with assets totaling about US$501 billion ( S$650 billion) as of 31 December 2019. It also holds market-dominant positions i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Overseas Bank
United Overseas Bank Limited (), often known as UOB, is a Singaporean multinational banking corporation headquartered in Singapore, with branches mostly found in most Southeast Asian countries. Founded in 1935 as United Chinese Bank (UCB) by Sarawak businessman Chew Teck Weng, the bank was set up together with a group of Chinese-born businessmen. The bank is the third largest bank in Southeast Asia by total assets. UOB provides commercial and corporate banking services, personal financial services, private banking and asset management services, as well as corporate finance, venture capital, investment, and Insurance services. It has 68 branches in Singapore and a network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America. History On 6 August 1935, businessman Wee Kheng Chiang, together with six other friends, established the bank after raising S$1 million. The bank was named ''United Chinese Bank (UCB)'' to emphas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Eastern Life
Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or Great Eastern, is a Singaporean multinational finance and insurance corporation with operations in various countries and jurisdictions in the Asia-Pacific region. Headquartered at Pickering Street in Raffles Place, it is a subsidiary of OCBC Bank, and it is the largest and oldest life insurance company in Singapore. At 2006, the company had assets in excess of S$8 billion, 2.6 million policies in force served by 24 branch offices and a service network of more than 17,000 agents nationwide. In August 2007, it had S$45 billion in assets and 3 million policyholders. In 2020, the company's website stated that it has over S$90 billion in assets and over 8 million policyholders, including 5 million from government schemes. It has three distribution channels – a tied agency force, bancassurance, and financial advisory firm, Great Eastern Financial Advisers. It is the only life insurance company to be li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OCBC Bank
Oversea-Chinese Banking Corporation, Limited (), often known as OCBC Bank (), is a Singaporean multinational banking and financial services corporation headquartered in OCBC Centre, Singapore. OCBC Bank was born out of the Great Depression through the consolidation of three banks in 1932 — the Chinese Commercial Bank Limited (incorporated in 1912), the Ho Hong Bank Limited (incorporated in 1917) and the Oversea-Chinese Bank Limited (incorporated in 1919). OCBC Bank has assets of more than S$521.3 billion, making it the second largest bank in Southeast Asia by assets and among the larger banks in Asia-Pacific. It is also one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s and AA- rating from Standard & Poor's. OCBC Bank is consistently ranked amongst the top five "safest banks in the world" by the magazine ''Global Finance''. The Asian Banker named OCBC Bank Singapore's strongest bank for 2018-2019, and the 5th strongest in Asia-Pacific. The ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Limited By Guarantee
In British, Australian, Bermudian, Hong Kong and Irish company law (and previously New Zealand), a company limited by guarantee (CLG) is a type of corporation used primarily (but not exclusively) for non-profit organisations that require legal personality. A company limited by guarantee does not usually have a share capital or shareholders, but instead has members who act as guarantors of the company's liabilities: each member undertakes to contribute an amount specified in the articles (typically very small) in the event of insolvency or of the winding up of the company. A company limited by guarantee can distribute its profits to its members, if allowed to by its articles of association, but then it would not be eligible for charitable status. Like a private company limited by shares, a company limited by guarantee must include the suffix " Limited" in its name, except in circumstances specifically excluded by law. One condition of this exclusion is that the company does not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Business Times (Singapore)
''The Business Times'' is a Singaporean financial daily under SPH Media Trust, a media organisation with businesses in print, digital, radio, and outdoor media in Singapore. The paper is published Monday to Saturday, with the Saturday edition called ''The Business Times Weekend''. It had a circulation (Print + Digital) of 39,500. Ownership It is part of the SPH Media Trust group which also publishes ''The Straits Times'' and ''The New Paper''. History It is an English-language newspaper published since 1 October 1976. Prior to this, it was a supplement in ''The Straits Times''. The paper was launched on 15 July 1976, and the special presentation issue prior to the launch of the paper featured George Magnus. The staff was first headed by Tsai Tan, who became the first female editor of a daily newspaper in Singapore. In 1989, the newspaper won the Media Philanthropic Appeals category of the International Advertising Festival in New York New York most commonly refers to: * New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
