15 May '11, 10pm

NTUC co-ops put the heat on in childcare, pharmacy sectors

SINGAPORE - Some are unfazed and shrugging off the competition, while others are less sanguine about the plans by two National Trades Union Congress social enterprises to double outlets in the next five years. By then, NTUC Unity Healthcare and NTUC First Campus would have a market presence akin to what sister enterprises FairPrice and Income now have in their respective sectors. The plans were announced last month as the labour movement's 12 social enterprises mapped out their vision for 2015. When asked about Unity Healthcare's aim to expand from 48 retail outlets now to 100, and its pledge to grow the role of its store pharmacists beyond dispensing drugs, rival Watsons Personal Care stores managing director Cathay Yeap told MediaCorp that competition exists "in whatever industry". She said: "We feel there's room for everyone." Watsons Singapore, owned by the retail arm ...

Full article: http://www.todayonline.com/SingaporeVotes/EDC110516-00001...

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