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The NTUC helms May Day celebrations and organises an annual rally in support of workers' solidarity and commitment to a tripartite partnership. Since its inception, the NTUC has had a close symbiotic relationship with the People's Action Party (PAP), the current ruling political party of the country. [1] [2]
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 100 supermarkets across the island, with over 160 outlets of Cheers convenience stores island-wide.
On 2 January 1986, 61 workers from American oilfield equipment company Hydril voted to strike and picketed outside their factory. The two-day strike, which was sanctioned by then Secretary General of the NTUC, Ong Teng Cheong, was over the alleged victimisation and dismissal of six union members and officials.
Hougang Mall (Chinese: 后港购物坊), previously known as NTUC Hougang Mall, is a suburban shopping mall in Hougang, Singapore. It is near Hougang Central Bus Interchange, as well as Hougang MRT station. [1] In 2006, the mall underwent renovation; it transformed part of the second level, formerly occupied by NTUC FairPrice, into a food ...
Despite losing the appeal insurer NTUC Income decided to raise their goodwill offer towards Lock to S$40,000, an S$15,000 increase from the pre-appeal offer. The company in their press release admitted to lapses in their internal processes, and regretted the process the Lock family had had to go through. [5]
Progressive wage is enforced via business licensing, as opposed to legislation. [2] This model was designed to enable rank-and-file workers to climb the wage ladder and provides for a minimum wage , improving overall productivity and in turn creating increased sustainable economic growth.
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. [12]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 ...
Singapore Teachers' Union Logo. The Singapore Teachers' Union (STU) is the largest teachers' organisation in Singapore. [1] It is an affiliate of the National Trades Union Congress (NTUC), a member of the ASEAN Council of Teachers and the Education International.