Singapore

85

1.493.000

Singapore

Key figures

Research overview

Responding to challenges and existing knowledge gaps facing the cooperative movement, this mapping research seeks to provide exhaustive information on cooperatives worldwide. This is achieved through a process jointly conducted by the ICA and its four regional offices – Cooperatives of the Americas, Cooperatives Europe, ICA Africa, and ICA Asia-Pacific – using a common methodology. Each office collected the input of ICA members present in the countries within its geographic area, by using the same questionnaire, and completing it with relevant national statistics, in order to obtain an accurate picture of the national situation. Mapping out cooperatives in each country provides a more precise picture of the cooperative context at national and regional levels, enhances the movement's visibility, networking, partnerships opportunities, as well as advocacy, and empowers cooperators by providing them tools for positive change.

This webpage presents a snapshot of the research results for Singapore. For more information, you can download the full report and the highlights here.

History

The cooperative movement in Singapore began in the 1920s as a response to the social and financial needs of the times. Today, cooperatives in Singapore are involved in many sectors, including supermarkets, childcare, eldercare, healthcare, education and training, insurance, financial services, security, food, and hospitality, making a positive social and economic impact. Singapore’s 2018 UN Voluntary National Review Report to the High-Level Political Forum recognises the role of Singapore National Co-operative Federation (ICA member) and its members in the implementation of the Sustainable Development Goals (SDGs). 

Overview

ICA has one member from Singapore.



In Singapore, the data presented is for the financial year 2019-2020.


Summary

In Singapore, there are 85 cooperatives with 1,493,000 members. Cooperatives in Singapore are present in campus and youth, credit, services and National Trade Union Congress (NTUC) sectors. 

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