Before 1950s

1924 Straits Settlements Co-operative Societies Ordinance was passed.
7 October 1925 The first Thrift & Loan Society was formed (Singapore Government Servants’ Co-operative Thrift & Loan Society Ltd).
16 November 1933 Singapore Urban Co-operative Ltd was formed. It served as a coordinating body for a number of primary co-operatives and was later renamed Singapore Co-operative Union Ltd.
1942 The war forced all co-operatives to cease operations.
23 August 1946 img0029

The Singapore Co-operative Stores Society Ltd was registered to help ease initial post-war food shortage and escalating prices. Setup by the Urban Co-operative Union with 1,700 members and a paid-up share capital  of $36,665. It was located at 331 North Bridge Road and shared premises with the popular Liberty Cabaret (MDU). The building was later demolished in 1951 to make way for the Odeon Cinema.

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Subsequently, other co-op stores were setup at various heartlands, such as the Singapore Public Service Housing Co-op at 17 Rochdale Road. The road was named after the first ever co-operative in the world.

December 1947 Co-operatives in Singapore were informed that they were granted exemption from taxation (Income Tax was introduced in Singapore w.e.f. 1 January 1948).

(c) Registry of Co-operative Societies Collection, courtesy of National Archives of Singapore and The Singapore Co-operative Story: 1925 – 2015, Commemorative Book.