Archive for the 'Commerce and Industry' Category

Singapore Science Park

The Singapore Science Park (SSP) is a hub for research and development (R&D) organisations and companies. Developed by the government through the Jurong Town Corporation in the early 1980s, the SSP is now run by business property developer Ascendas. As of 2011, the park houses more than 350 organisations and is part of Singapore's “Technology Corridor” with the National University of Singapore, and the one-north and Biopolis R&D hubs nearby.

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Tuck Lee Ice

Tuck Lee Ice is an ice manufacturer and provider of related services such as ice sculpturing. Founded in 1957, the company has also diversified into beverage distribution and transport services for temperature-sensitive items.

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Singapore's first satellite (ST-1)

ST-1 is Singapore's first communications satellite. Launched into a geostationary orbit in 1998, the 3200kg, S$398.4 million satellite is a 50-50 joint venture between Singapore Telecommunications (SingTel) and Chung Hwa Telecom of Taiwan. ST-1 provided direct-to-home broadcast, internet and telecommunications services from 1998 to 2011, and currently provides other satellite services such as maritime communications. Its coverage area includes India, Southeast Asia, Taiwan and southern China.

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Crash of Singapore Airlines Flight SQ006

Singapore Airlines (SIA) Flight SQ006, which was on its way to Los Angeles from Singapore via Taiwan, crashed in flames on a closed runway at Chiang Kai-shek Airport (now called Taiwan Taoyuan International Airport) during takeoff on 31 October 2000 at 11:18 pm local time. The incident, which destroyed the aircraft and killed 83 people, was SIA's first serious accident and marred its reputation of having a good safety record. Immediately after the accident, SIA changed the flight number to SQ030, and then later to SQ028.

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Cathay Organisation

Cathay Organisation is a leisure and entertainment group with businesses in film exhibition and distribution, as well as cinema, hotel and leisure centre management. Cathay is also involved in property management, and advertising and event organisation. Founded by the Loke family, the group's traditional businesses were in film distribution, exhibition and production, with Cathay studios in Malaya, Singapore and Hong Kong playing an important role in their film industries from the 1950s to 1970s. In 2009, Cathay had revenues of around S$70 million.

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St James Power Station

St James Power Station first served as a coal-fired power station. Located at Keppel Road near the entrance to the island of Sentosa, it was built by the British between 1924 and 1927. It was shut down in 1962 due to its inability to meet Singapore's rising demand for electrical power. The building was used as a commercial warehouse for the Port Authority of Singapore from 1982 to 1992, after which it was largely vacant. In 2005, it was converted into the first multi-concept entertainment hub by local entrepreneur Dennis Foo.

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Singapore Airlines (SIA)

Singapore Airlines (SIA) is Singapore's flag carrier and is rated one of the most successful airlines in the world. To date, SIA has never posted an annual loss and is a consistent industry leader in service excellence, innovative offerings, efficiency and branding. Listed in Singapore in 1985, SIA's majority shareholder is Temasek Holdings. The airline has received numerous accolades and awards, and was ranked 33rd in Fortune magazine's list of most-admired companies in 2009.

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SilkAir

SilkAir is an airline that currently operates short and medium haul routes across 11 countries to 33 destinations in Asia. A wholly owned subsidiary of Singapore Airlines (SIA), it serves as SIA's regional wing.

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Charles & Keith

Charles & Keith is a popular Singapore brand known for women's footwear and accessories. Established in 1996 by brothers Charles and Keith Wong, it started out as a simple shoe store at Amara Hotel. Today, Charles & Keith is an international chain with over 170 franchises worldwide and is also a parent company for the luxury brand Pedro. The company has received several awards, including the Excellent Service Award in 2002 and The Enterprise Award at the Singapore Business Awards 2008.

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Neptune Orient Lines

Neptune Orient Lines (NOL) is a global transportation company that was established in 1968 as Singapore's national shipping line. Today, the NOL Group's core businesses are container transportation, terminal operation and supply chain management. NOL is listed on the Singapore Stock Exchange, and Temasek Holdings, the investment arm of the Singapore government, is its largest shareholder with a 68% holding. In 2009, the company employed more than 11,000 staff globally, operated a fleet of over 100 vessels and transported over two million forty-foot containers.

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