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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 ...
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Public
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin ''wikt:publicus#Latin, publicus'' (also ''wikt:poplicus#Latin, poplicus''), from ''wikt:populus#Latin, populus'', to the Engli ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one Singapore Island, main island, List of islands of Singapore, 63 satellite islands and islets, and Pedra Branca, Singapore, one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the List of countries and dependencies by population density, third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four Languages ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and ...
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Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federal constitutional monarchy consists of thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime border with Thailand and maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the legislative branch of the federal government. The nearby planned capital of Putrajaya is the administrative capital, which represents the seat of both the executive branch (the Cabinet, federal ministries, and agencies) and the judicial branch of the federal government. With a population of over 32 million, Malaysia is the world's 45th-most populous country. The southernmost poi ...
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Vietnam
Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it the world's sixteenth-most populous country. Vietnam borders China to the north, and Laos and Cambodia to the west. It shares maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City (commonly known as Saigon). Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. The Han dynasty annexed Northern and Central Vietnam under Chinese rule from 111 BC, until the first dynasty emerged in 939. Successive monarchical dynasties absorbed Chinese influences through Confucianism and Buddhism, and expan ...
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National Trades Union Congress
The National Trades Union Congress (NTUC), also known as the Singapore National Trades Union Congress (SNTUC) internationally, is the sole national trade union centre in Singapore. NTUC is at the heart of the Labour Movement which comprises 59 affiliated trade unions, 5 affiliated trade associations, 10 social enterprises, 6 related organisations as well as a growing ecosystem of U Associates and enterprise partners. Together, it helms May Day celebrations and organises an annual rally in support of workers' solidarity and commitment to tripartite partnership. The NTUC has had a symbiotic relationship with the People's Action Party (PAP) since its inception in 1961. History The NTUC was 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, split into the pro-PAP NTUC and the leftist Singapore Association of Trade Unions (SATU). The SATU collapsed in 1963, following the ...
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Devan Nair
Chengara Veetil Devan Nair (5 August 1923 – 6 December 2005), also known as C. V. Devan Nair and better known simply as Devan Nair, was a Malaysian-Singaporean politician who served as the third president of Singapore from 1981 until his resignation in 1985. Nair was a communist as a young adult, having been affiliated with the Malayan Communist Party. He harboured anti-colonial sentiments and aspired self-determination of Singapore, which was then a British colony. These caused him to be detained by the British colonial authorities in 1951. In 1954, he joined the People's Action Party, which was more leftist at the time. He was detained again in 1956, and remained so until the PAP won the 1959 general election and helped secure his release. During his parliamentary career, Nair was the Member of Parliament (MP) for the Malaysian constituency of Bangsar between 1964 and 1969 and for the Singapore constituency of Anson between 1979 and 1981. Prior to his presidency, Nair was ...
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Goh Keng Swee
Goh Keng Swee (; 6 October 1918 – 14 May 2010), born Robert Goh Keng Swee, was a Singaporean politician who served as Deputy Prime Minister of Singapore between 1973 and 1985. Goh is widely recognised as one of the founding fathers of Singapore.. He was also one of the founders of the People's Action Party (PAP), which has governed the country continuously since independence. Goh was a prominent member of the country's first generation of political leaders after Singapore became independent in 1965. He served as Minister for Finance between 1959 and 1965, and again between 1967 and 1970, Minister for Interior and Defence between 1965 and 1967, Minister for Defence between 1970 and 1979 and Minister for Education between 1979 and 1985. As Minister for Interior and Defence, Goh's main objective was to strengthen the country's military and domestic security capabilities after the British had withdrawn its troops from the former British Crown colony, which made the newly-indep ...
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Financial Services Companies Established In 1970
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assess ...
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Insurance Companies Of Singapore
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Singaporean Brands
Singaporeans, or the Singaporean people, refers to citizens or people who identify with the sovereign island city-state of Singapore. Singapore is a multi-ethnic, multi-cultural and multi-lingual country. Singaporeans of Chinese, Malay, Indian and Eurasian descent have made up the vast majority of the population since the 19th century. The Singaporean diaspora is also far-reaching worldwide. In 1819, the port of Singapore was established by Sir Stamford Raffles, who opened it to free trade and free immigration on the island's south coast. Many immigrants from the region settled in Singapore. By 1827, the population of the island was composed of people from various ethnic groups. Singapore is a multilingual and multicultural society home to people of groups of many different ethnic, religious and national origins, with the majority of the population made up of Chinese, Malay, Indian and Eurasian descent. The Singaporean identity was fostered as a way for the different eth ...
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