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SP Group
Singapore Power Limited, trading as SP Group (abbreviation: SP) is a government-affliated electricity and gas distribution company in Singapore. Singapore Power Group is the corporatised entity of the former electricity and gas departments of the Public Utilities Board. SP Group was first incorporated as a commercial entity on 1 October 1995 as Singapore Power and Gas to take over the electricity and gas businesses of the state provider, the Public Utilities Board. Through its subsidiaries, the company is the sole electrical grid and gas grid operator in the country, and provides electricity and gas transmission, distribution services, and market support services to more than a million households in Singapore. History PUB was located initially at City Hall. After outgrowing its office space in City Hall, the PUB Building, located near Singapore's main shopping belt of Orchard Road, was built to accommodate several departments of the PUB.* The PUB Building was completed in ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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The Straits Times
''The Straits Times'' is an English-language daily broadsheet newspaper based in Singapore and currently owned by SPH Media Trust (previously Singapore Press Holdings). ''The Sunday Times'' is its Sunday edition. The newspaper was established on 15 July 1845 as ''The Straits Times and Singapore Journal of Commerce''. ''The Straits Times'' is considered a newspaper of record for Singapore. The print and digital editions of ''The Straits Times'' and ''The Sunday Times'' have a daily average circulation of 364,134 and 364,849 respectively in 2017, as audited by Audit Bureau of Circulations Singapore. Myanmar and Brunei editions are published, with newsprint circulations of 5,000 and 2,500 respectively. History The original conception for ''The Straits Times'' has been debated by historians of Singapore. Prior to 1845, the only English-language newspaper in Singapore was ''The'' ''Singapore Free Press'', founded by William Napier in 1835. Marterus Thaddeus Apcar, an Armenian mer ...
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Energy Companies Established In 1995
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Energy Companies Of Singapore
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when ...
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Singapore Power Building
111 Somerset is a high-rise commercial building and shopping mall in Orchard, Singapore. The building was first known as Public Utilities Board Building (PUB Building) until 1995, and was later known as Singapore Power Building until 2008 when acquired by YTL Corporation Pacific Star. It used to house the headquarters of SP Group, until it shifted to its current site at Kallang. It includes two office towers and a retail podium. It is currently being managed by Perennial Real Estate Holdings. History The PUB Building, located near Singapore's main shopping belt of Orchard Road, was built to accommodate several departments of the Public Utilities Board which had outgrown its office space in City Hall.* The building was the result of an architectural design competition. In July 1971, a contest to design PUB's corporate headquarters was launched. Of 23 submissions, four were picked by a jury headed by then PUB chairman Lim Kim San. The proposal by the now-defunct Singapore archite ...
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Ninemsn
Nine.com.au (formerly Ninemsn) is an Australian news and current events website, owned by ASX-listed company, Nine Entertainment Co. It was originally established as a 50:50 joint venture between Microsoft and PBL Media (now Nine Entertainment Co.) in 1997 as "Ninemsn." Microsoft sold its stake in the venture to Nine Entertainment in 2013 and the company was rebranded as Nine Digital in 2016. The website was rebranded to its current name Nine.com.au on 28 June 2016. Nine.com.au is currently a network of sites including 9News, Nine's Wide World of Sports, and 9Honey. History The venture was established in 1997, with a combined investment of $50 million, which brought together all the online assets of Microsoft and all the media assets of PBL, which include the Nine Network, Australian Consolidated Press (ACP) and other PBL assets. In December 2005, Ninemsn acquired Australian content syndication and mobile publishing leader HWW Limited, who currently syndicate television, movi ...
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Channel NewsAsia
CNA (stylised as cna), which is an acronym derived from its previous name, Channel NewsAsia, is a Singaporean multinational news channel owned by the country's national public broadcaster Mediacorp. It broadcasts free-to-air domestically in Singapore and as a pay television channel internationally to 29 territories across the Asia-Pacific. The channel's logo is a stylised red letter A with folding patterns. The network has been positioned as an alternative to Western-based international media in its presentation of news from "an Asian perspective". It is run by Mediacorp News Pte Ltd, a subsidiary of the Singapore's media conglomerate Mediacorp Pte Ltd. Alongside its main focus as an English-language news television channel, CNA also broadcasts and produces news and current affairs content in Singapore's other official languages: Chinese, Malay and Tamil. Content is produced for Mediacorp's online platforms, with news bulletins made for and shown on the company's mass entert ...
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Black Saturday Bushfires
The Black Saturday bushfires were a series of bushfires that either ignited or were already burning across the Australian state of Victoria on and around Saturday, 7 February 2009, and were among Australia's all-time worst bushfire disasters. The fires occurred during extreme bushfire weather conditions and resulted in Australia's highest-ever loss of human life from a bushfire, with 173 fatalities. Many people were left homeless as a result. As many as 400 individual fires were recorded on Saturday 7 February; the day has become widely referred to in Australia as Black Saturday. The 2009 Victorian Bushfires Royal Commission, headed by Justice Bernard Teague, was held in response to the bushfires. Background A week before the fires, a significant heatwave affected southeastern Australia. From 28–30 January, Melbourne broke temperature records by experiencing three consecutive days above , with the temperature peaking at on 30 January, the third hottest day in the city' ...
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Singapore Exchange
The Singapore Exchange Limited (SGX) is a Singaporean investment holding company that provides different services related to securities and derivatives trading and others. SGX is also a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation. Structure SGX operates several different divisions, each responsible for handling specific businesses. * SGX ETS (Electronic Trading System): provides global trading access to SGX markets where 80 percent of the customers are from outside Singapore. * SGX DT (Derivatives Trading): provides derivatives trading. * SGX ST (Securities Trading): provides securities trading. * SGX DC (Derivatives Clearing): subsidiary for clearing and settlement operations. * SGX AsiaClear: offers clearing services for over-the-counter (OTC) oil swaps and forward freight agreements. * SGX Reach: an electronic trading platform. * Central Depository Pte Ltd: subsidiary responsible for securities clearing, settlement and d ...
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Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance am ...
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AusNet Services
AusNet Services (previously SP AusNet) is an Australian energy delivery services business, owning and operating more than $11 billion of electricity and gas network assets. It is a privately held, and was formerly listed on the Australian Securities Exchange (ASX) and the Singapore Exchange (SGX). AusNet is currently owned by Australian Energy Holdings No 4 Pty Limited, a company controlled by Brookfield Asset Management. The co-investors include pension funds in Australia and Canada. History In 2004 Singapore Power paid $US3.7 billion for TXU's entire Australian energy portfolio, and in 2005 resold power generation and retailing assets in the TXU portfolio to Hong Kong-based CLP Group for about $2.2 billion. Later in 2005, it publicly floated the business as SP AusNet, and selling 49% of the remaining assets for about $1 billion to the public, while retaining a 51% stake. In 2007 it joined with Babcock & Brown for the $7.4 billion Alinta acquisition, and during the global fina ...
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District Cooling
District cooling is the cooling equivalent of district heating. Working on broadly similar principles to district heating, district cooling delivers chilled water to buildings like offices and factories needing cooling. In winter, the source for the cooling can often be seawater, so it is a cheaper resource than using electricity to run compressors for cooling. Alternatively, District Cooling can be provided by a Heat Sharing Network which enables each building on the circuit to use a heat pump to reject heat to an ambient ground temperature circuit. There are also ''5th generation district heating and cooling systems'' (so called cold district heating networks) that are able to provide both heating and cooling simultaneously. In these systems the waste heat from chillers can be recycled and used for space heating or hot water production. Applications Canada In August 2004, Enwave Energy Corporation, a district energy company based in Toronto, Ontario, Canada, started operating a ...
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