In The News

NTUC Income and NTUC FairPrice in
Global 300

Singapore boasts two enterprises which are listed in the Global 300 – NTUC Income and NTUC FairPrice.

The Global 300 Listing confirms the largest 300 co-operatives and mutuals worldwide contribute nearly US$1 trillion in revenues to the global economy each year, equivalent to the 10th largest global economy.

The success of our social programmes is underpinned by our commercial success,” said Mr Seah Kian Peng, SNCF Chairman. “We can only fulfil our social responsibilities by remaining profitable and highly competitive as businesses.”

Tsunami Reconstruction Project: MOU Signed Between SNCF and Red Cross

An historic MOU was signed between Mr Seah Kian Peng of SNCF and Mr Christopher Chua, Secretary of Singapore Red Cross Society, acknowledging the grant of over US$400,000 towards Tsunami reconstruction in Aceh and Nias in Indonesia.

The total project cost was estimated at US$508,823 and Singapore Red Cross Society had approved SNCF's request for US$403,173, which is about 80% of the total project cost. The remainder of the cost will be co-funded by DEKOPIN.

Stars Galore at the President’s Challenge Finale

The grand finale of the President’s Challenge Soccer 5 displayed the dazzling footwork of our Minister, Members of Parliament (MP) and celebrities in aid of the President’s Challenge charity.

Dr Vivian Balakrishnan, Associate Professor Ho Peng Kee and Mr Teo Ser Luck and Mr Seah Kian Peng were among the 11-strong team that captivated the spectators on Sunday, 10 June 2007. The team also featured two female participants – Ms Jessica Tan Soon Neo and Dr Fatimah Lateef.

Challenging the MPs team was the 11-member celebrities team comprising TV personalities. The match between the two teams added to the thrill and glamour of the tournament that saw a record total of 211 participating teams. More than $50,000 was raised from this event.

SNCF receives recognition from CARE

The Children-At-Risk Empowerment Association Singapore(CARE) celebrated its 10th anniversary on 17th July at the Grand Hyatt Singapore by honouring her sponsors, supporters and partners. President S R Nathan was the distinguished Guest-of-Honour.

SNCF, which has adopted CARE since 2003, was acknowledged as one of the CARE Star Sponsors. Over the last  three years, SNCF has raised more than $200,000 to support CARE through fund raising events such as walk-and-jog, charity golf tournament, gala dinner and more.