...Singapore Press Holding A Case Study GROUP 6 Special Group Project S P Jain Center of Management Singapore Amit Ambardekar Apoorv Babel GMBA07F261 GMBA07F278 Manu Gupta Parul Nagpal GMBA07D169 GMBA07D240 Preface S P Jain Center of Management has the academic support of Bharatiya Vidya Bhavan's. S P Jain Institute of Management & Research, Mumbai is ranked among the Top Ten Business Schools in Asia and India. In order to replicate its success and achievements in management education in the global arena, S P Jain decided to established centers of excellence in different parts of the world. The first international campus of S P Jain was established at the prestigious Knowledge Village in Dubai in the year 2004. and the 2nd international campus in the city of Singapore. Global MBA program of the S P Jain Center of Management is designed to train individuals to work in the new global economy. With over 900 teaching hours, the course is equal to most two-year MBA programs. The program is conducted jointly at S P Jain’s Dubai and Singapore campuses. As a part of the curriculum, students are required to do a “Special Group Project” based mainly on the Industry Research. We, for this, have taken up a project on Singapore Press Holdings. The project is a case study which looks into: a). History of SPH b). SPH foray into internet - AsiaOne c). AsiaOne, Journey d). ST...
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...2015/6/10 www.straitstimes.com/st/print/2798367 « Return to article Print this The Straits Times www.straitstimes.com Published on Sep 04, 2014 Singapore retains spot as second-most competitive economy By Yasmine Yahya, Assistant Money Editor Singapore retained its position as the world's secondmost competitive economy this year despite concerns about business costs and tightening labour policies, according to the World Economic Forum (WEF) yesterday. This is the fourth year running that Singapore has come in second behind Switzerland, which maintained its pole position in the annual Global Competitiveness Report, a ranking of 144 economies that is seen as the most comprehensive assessment of its kind. The WEF said Singapore fared well across all 12 factors assessed in the study, such as infrastructure, health and education, and technological readiness. The country scored especially well in terms of goods and labour market efficiency and financial market development, it added. "Singapore possesses world class infrastructure, with excellent roads, ports and air transport facilities," the WEF said. "Its economy can also rely on a sound macroeconomic environment and fiscal management its budget surplus amounted to 6.9 per cent of GDP (gross domestic product) in 2013." The WEF said Singapore's competitiveness is enhanced by its strong focus on education, which has translated into a steady improvement in higher education and training...
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...S'pore youth savvy with finances: survey Daniel Buenas 392 words 8 September 2005 Business Times Singapore English (c) 2005 Singapore Press Holdings Limited SINGAPORE'S youth value education and family, have entrepreneurial tendencies and are not ignorant when it comes to financial choices, a survey has found. In the face-to-face survey of 1,400 Singaporeans aged 15-29 by Ngee Ann Polytechnic, it was found that 44 per cent had life insurance, and of those who did, a quarter had between two and four policies. Also, 28 per cent of the respondents had some form of medical or hospitalisation insurance, with 20 per cent of this group having between two and four policies. 'These figures were quite surprising,' said Henry Koh, a lecturer at Ngee Ann's School of Business and Accountancy, yesterday. 'A lot of these were students, yet the percentage of people (who have policies) is quite high. I think it shows some concern over financial security in the future and that they're more savvy in terms of insurance.' The survey, which aimed to give insights into Singapore's 'Generation Y', also found that 7 per cent of interviewees had invested in either unit trusts or mutual funds, with 22 per cent of this group having between 2-4 investments. The top three companies for both life and medical insurance were AIA, Prudential and NTUC Income. And being young hasn't stopped Singaporeans from owning credit cards either. According to the survey, 29 per cent of those interviewed...
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...Full control ensures shoe retailer never misses a step By RACHAEL BOON THE success of shoe label and fashion retailer Charles & Keith International on the global front can be attributed to its ability to have a firm grip of its operations across its vast network of stores and factories. This unwavering commitment has put the company in good stead to weather the major crises it had faced, dating back to the days when the retailer was operating out of a small store in Ang Mo Kio in 1990. Back then, co-founder and chief executive Charles Wong, 39, and his younger brother, Keith, 37, were just teenagers helping out at their mother’s shop. She wanted the older Mr Wong to close the unprofitable shoe section, but the future shoe maven was determined to turn it around. He mapped out a plan to take control of the entire shoe business operations – from stocks to design and even shoe sizing. As a result, the shoes sold well and Mr Wong managed to stave off the store’s closure. This experience honed his business acumen, which would serve him well when he decided to set up his own shoe company with his younger brother, who is the firm’s chief operating officer. From the outset, the siblings were determined to make a name for themselves by starting their own brand. In 1996, they set up shop in Amara Shopping Centre to market and sell Charles & Keith shoes at a time when it was unheard of for local shoe retailers to brand themselves. The move was prompted...
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...[pic] Nissan LEAF Ace* Advertising I. SITUATION ANALYSIS • CURRENT USER Since Renault-Nissan is introducing “Leaf” for the first time in Singapore, there are no current users for the product in market. • PRODUCT EVALUATION The Nissan LEAF (Leading, Environmentally friendly, Affordable, Family car) is a fully electric, zero emission, 5-door hatch back car that was introduced in 1999 by Nissan. It was first launched in Japan and United States in December 2010 further in Europe and since then it sold more than 27000 units worldwide. Nissan plans to launch LEAF by September 2012 with an on road price of close to SGD 90,000 after a substantial deduction in COE (Certificate of Entitlement) and other taxes based on TIDE Plus scheme by Singapore Energy Market Authority and Land Transport Authority. • COMPETITIVE ANALYSIS Though the Nissan LEAF has many market competitors in Singapore, its main rivals are the Mitsubishi I-MiEV from the electric vehicles segment and the Toyota Prius C from Hybrid segment. The following is the competitive analysis between these two major brands and Nissan LEAF: |Name/ Specifications |Nissan LEAF |Mitsubishi i-MiEV |Toyota Prius C | |Engine |80 kW, 280 Nm Torque |47 kW, 180Nm Torque |HSD Electric motor~40 kW, 90NmTorque...
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...with the problem that a business is facing. SWOT stands for strength, weakness, opportunities and threats. Understanding these 4 points in SWOT analysis will enable us the knowledge of business environment we are dealing with, thus allow a better strategy to form. Porter’s five forces include newcomers that could draw away customers, bargaining power of suppliers, bargaining power of buyers, threat of substitute product and lastly the constant rivalry among competitors. Understanding these five forces will help to determine market attractiveness providing us with information of when we can enter or exit certain industry Company Profile Spectacle hut has more than 40 stores throughout the whole Singapore Island. It is consider being the largest local operating optical retail chain in Singapore. Founders Gary Khoo and wife Sara Hay started with the shop in Clementi during 1997. Although working with only theirs saving and met with lots of challenges during the company infancy period, during their last fiscal of 2011 they have cash in about $40 million in revenue. The company main brand, Spectacle Hut, is targeted towards the middle to upper class shopper, carrying high-end brands such as Cartier, Channel and Gucci. They have also a subsidiary brand name, Blue Eyes, aimed towards the middle to low-end consumers. They have been actively branching out over the past five years, including opening branches overseas like Beijing and Kuala Lumpur. During the year 2008, Spectacle hut was give...
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...Singapore Press Holding: Structural Holding Name Institutional Affiliation Date Table of Contents Executive Summary 3 Background 3 1. Reflection 4 1.1 Holding Company Structure 4 1.3 BCG Integration 5 2.3 Capital Market Structure as source of diversification 6 2.4 Corporate Value Framework 7 3-Products are Sold and not bought 8 3.1 Product Lifecycle Management 8 3.2 Balance Score Card to evaluate the performance 8 4- Where did the company go wrong? 10 5- Current organizational structure 10 6 The Influence of Technology 14 7. Cost reduction Increased Quality 15 7.1 Maximizing the Boston Matrix 15 7.2 Conducting a Product Portfolio Analysis 15 7.3 Company Structure to be Changed 16 8. Conclusion 17 8-Bibliography 17 Executive Summary Twenty-First century organizations continue facing tremendous challenges given that there are structural problems that hamper their prospective growth. Some of these problems are technical while other others are largely structural. Primarily, an organization design is defined by three key components, which includes organizational structure, locus of decision-making and quality of integrated mechanism. The components enable the organization to achieve the intended mission of the organization. Most components vary with their overall strategy of the organization. Organizational structure can be defined as the primary reporting relationship that exists within the organization. In this case, organizational...
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...MALAYSIA – SINGAPORE RELATIONS: THE SECURITY DILEMMAS INTRODUCTION ‘It's impossible to be friendly with Singapore because of the neighbouring city states’ unfriendliness towards Malaysia. Singapore gets into that kind of mood that they reject anything that comes from Malaysia. We try to be as friendly as possible but it's impossible’.[1] Tun Dr. Mahathir Mohamad Former Malaysia Prime Minister “…we fear that at some time or other there could be a random act of madness like cutting off our water supplies, which they had publicly threatened whenever there were differences between us… we have to be prepared for all contingencies”.[2] Lee Kuan Yew Former Singapore Prime Minister Singapore became a part of Malaysia in 1963. On the part of Singapore, such was a welcomed move as Singapore lacks the depth, mass and resources deemed necessary for development and survival. On the part of Malaysia, however, it started-off as a half-hearted decision, with Tunku Abdul Rahman fearing that the Chinese population in Singapore would, after the merger, upset the Malay majority in Malaya. In May 1960, he told Malayan students in London that “(The) Chinese-educated and new immigrants will always be loyal to China and they are less Malay-minded,” and that the inclusion of the 1.3 million Chinese would confuse Malayans and ruin the calm atmosphere of the Federation[3]...
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...International Public Relations Plan Sally’s Soups & Salad – Expansion to Singapore Public Relations (International) 340 Executive Summary In order for a company to penetrate into a new international market, it is crucial for companies to have sufficient knowledge on the current situation of the particular overseas market. In conjunction with penetration into a foreign market, extensive and thorough market research become essential, together with wise planning to implement the proposed promotional and awareness strategies in the overseas market. This public relations proposal aims to assist Sally’s Soup & Salad (SS&S), one of the most integrated and largest soup and salad restaurant based in Australia to expand into a new foreign market which is Singapore. A brief background description is discussed beginning of the report followed by concise information of SS&S’ vision and mission, corporate goals and objectives to facilitate the company throughout the process of penetration. Upon entering the new market, a thorough country research concerning the targeted market’s (Singapore) current demographics, media, government, special support group, culture, environmental, telecommunications, information technology, and legal environments associated with competitive audit are studied in order for SS&S to be familiar with the particular foreign market before penetrating the Singapore market. SS&S has a strategic vision which is to be recognized as the premier and best soup...
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...Tan Sri Robert Kuok 100% 100% Kuok Brothers 37.0% Kerry Group 45.0% Kuok Singapore 100% Jerneh Asia Bhd Shangri-la Asia Ltd Pacific Carriers Ltd Shangri-la 52.78% Hotels (M) Bhd 50.17% 63% PPB Group Bhd 62% SCMP Ltd Malaysian Bulk Carriers Bhd 14% 34.50% Wilmar 18.22 International Ltd 13% Kerry Properties Ltd 39% Edsa Properties Holdings Inc 34.80% Transmile Group Bhd 17.99% 18% 21.60% Kuok Philippine 40% Properties Inc Hexagon Holdings Bhd Allgreen Properties Ltd 34% Source : Annual Reports 2009 : Bursa Announcements : MSWG Tracker : Malaysian Business, 2009 : StarBiz The next update will be in June 2010. Tan Sri Tatparanandam Ananda Krishnan 100% 59.56% 42.35% 20% Usaha Tegas Sdn Bhd 70% Measat Global Bhd Astro All Asia Networks Plc 100% Johnston Press Holdings Plc Maxis Bhd 30.92% Binariang Satellite System MEASAT Broadcast Network 100% Tanjong Plc ASTRO Overseas Ltd 100% 67% Impian Klasik (Menara Maxis) 50% Pan Malaysian Pools 100% Uniclic Ltd 75% Powertek Bhd 100% Tropical Island Asset Mgmt (Germany) TGV Cinemas Source : Annual Reports 2009 : Bursa Announcements : MSWG Tracker : Malaysian Business,2009 : StarBiz The next update will be in June 2010. Tan Sri Quek Leng Chan 52.9% 71.4% 71.3% 66.4% 45.6% Hong Leong Financial Group Bhd 25.30% Hong Leong Industries Bhd Guoco Group Ltd (HK) Hume...
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...Intercultural Communication The Most Prominent Cultural Value in Singapore: ‘Face Value’ Tutor | Professor Stefanie Stadler Done by: Low Nan Wu Darren (U0930545A) Date of Submission: 5th Sep 2011 Introduction The term cultural values refer to our conception of the commonly held standards of what is acceptable or unacceptable, important or unimportant in a community or society. All values are learned values. Humans are not inherently born with the understanding of the kinds of values they should uphold. Instead, values are passed down and inculcated from one generation to another through intricate agents such as experiences, interaction, friends, families and cultural norms. Needless to say, different cultural groups espouse different values. Studies on culture have shown a saliency of difference in both Asian and western values (Schwartz, 1994). Due to the nature and diversity of their beliefs and practices, Asian and western cultures have been largely distinguished as being collectivistic and individualistic respectively (Victor, 1992; Wagner & Moch, 1986). In the case of an individualistic culture, an individualist would consider his or her own personal interest and goals more important than the group’s interest (Victor, 1992; Earley 1989; Wagner & Moch, 1986). On the other hand, a collectivistic culture would value membership in a group, show stronger loyalty to their social groups and place their own interests before the groups’ interest (Victor...
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...Kevin Discuss whether this model of market structure (oligopoly) is the most appropriate to explain the behavior of firms in Singapore. [15] Firms’ behaviours can largely be explained by the market structures they exist in as the number of players in the market and the kind of goods would determine the behaviours of the firms. In Singapore, the firms that dominate the economy are largely service industries as well as global firms that are exporting products overseas. Otherwise, the small size of Singapore markets allows just a few firms to dominate them and satisfy the demand of the entire market. These firms are large players in their markets, interdependent on their rivals’ actions and they create highly differentiated products, therefore, oligopoly market structure can be the most appropriate model for explaining their behaviors. Oligopolistic markets share the features of non-price competitions, aggressive branding to differentiate their goods, with firms being mutually interdependent, which results in their need to monitor each others’ actions and devising responses. There are also significant barriers to entry, possibly driven by economies of scale. As the pure forms of market structures such as perfect competition and monopoly doesn’t fit into the picture for Singapore firms, oligopoly’s features would better describe the behaviours of firms in Singapore. Take the example of the market for retro Straits-styled Coffeeshop cafes; the market is dominated by Toastbox and Ya Kun...
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...looking into the history of the ASEAN, a brief analysis of the past treaties that have been passed and implemented, a scrutiny of the pillars of the ASEAN Economic Community (AEC) and the challenge it poses to all its member nations – including the Philippines. 2) Introduction ASEAN, A brief history Before analyzing the AEC or the treaties that ASEAN have passed, it is a need to understand the rationale and the history behind its formation. The goals and precepts the ASEAN have been outlined as such because of a myriad of significant historical events. South-East Asia was a region experiencing turmoil during the 1960s. Malaysia and Philippine relations were damaged between the years of 1962-66 owing to the conflict over Sabah. Singapore, Malaysia, and Brunei were all reeling from the departure of Great Britain as colonizers. This event led these countries posed a daunting challenge, both economically and politically, that these newly independent countries needed to overcome. Then the clash between Indonesia and Malaysia; in 1965 after just barely three (3) years after union of Indonesia and Malaysia the two (2) countries decided to sever their ties and declared themselves independent from each other. The Vietnam War was ongoing which was further heightened by the increasing popularity of communism in the South-East Asian region facilitated by the Cultural Revolution of China in 1967, all of which resulting to the formation of the ASEAN. The birth of the ASEAN The...
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...Appendix 1 The recession was caused by the global financial crisis. Source: http://www.mas.gov.sg/about_us/annual_reports/annual20082009/4.html “The global economy plunged into its worst recession in the post-war period late last year, as key segments of the financial system seized up and trade collapsed.” Appendix 2 Appendix 3 Source: http://www.asiaone.com/Business/News/Story/A1Story20110218-264111.html “The Ministry of Trade and Industry (MTI) released final figures yesterday showing that the economy expanded 14.5 per cent last year, reversing a 0.8 per cent decline in 2009.” The Singapore economy started to display signs of moderation in the middle of last year after the exceptionally strong recovery. While the external outlook, particularly in the US, has improved, final demand in the developed economies is expected to remain fairly modest at this juncture. In comparison, the outlook for Asia ex-Japan economies is more positive. While growth in the region will likely slow from last year, it should continue to be supported by firm domestic demand. Alongside the maturing of the global inventory restocking cycle, the domestic manufacturing sector is likely to see slower growth this year in line with the pace of end demand in the key export markets. Construction activity will also decelerate, with the completion of mega projects such as the integrated resorts. As such, services will play a larger role in driving economic activity this year, underpinned by ...
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...recording and government liscensing (Chia, 2011). Not only has new media disrupted the old conventional model by reducing the barrier of entry to extraordinarily low levels, it has also challenged the commercial model that funds traditional news media gathering and adversely gained tremendous recognition as an essential platform for information dissemination and acquisition (Koh, Lim, Ng, Detenber and Cenite, 10/08/2005). As one of the most wired nations in the world, the Singapore media industry sees audiences and advertisers alike, moving away from traditional media towards digital media (Choo, 12/08/2013); where news from myriad sources is available free of charge and where advertisers have a wide range of options for reaching consumers, including cost-effective online advertising and online retailing. In Singapore, traditional news media are primarily represented by two companies, one owned by Temasek (MediaCorp), one of the state’s sovereign-wealth funds, and the other (Singapore Press Holdings) that is government-centric through close monitoring and regulation. Now forced to compete with a vast spectrum of new publishers such as WikiLeaks, giant news aggregators like Yahoo, MsN and Google News as well as millions of bloggers of whom are empowered by the new abilities of multi-way communication. Transmission of news media has resulted in eroding the degree of editorial influence over the public’s issue agenda as well as erecting yet another barrier to effective citizen...
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