Thread: Singapore Also Can
10-07-2013, 01:04 AM #7515
10-07-2013, 01:29 AM #7516
For those who are weak in their respective subjects, teachers are available to coach them outside of official school hours in order that they can catch up and not having to pay for extra private tuition that the more financially prepared parents are apt to do.
Indeed the recent message to all parents is not to load their children with unnecessary tuition, but it seems that parents are still too "kiasu" to let go. The authorities are trying their best to make schooling more enjoyable to the children who can better spend their time learning new activities like non-academic stuff such as sports, music, dance, etc.
10-07-2013, 02:27 AM #7517
Water polo: S'pore men finish second in Asian Cup after losing 6-10 to Iran
Published on Oct 05, 2013
THE Singapore men's water polo team ended runners-up in the six-team Asian Cup on Saturday, after losing 6-10 to Iran at Toa Payoh Swimming Complex.
The home side, ranked 24th in the world, sixth in Asia and top in South-east Asia, kept pace with their 21st-ranked opponents at 2-2 after the first quarter and actually led 4-3 at half-time. But they ran out of steam - going down 1-4 and 1-3 in the final two quarters.
Eugene Teo scored two goals, while Paul Tan, Chiam Kun Yang, Samuel Yu and Koh Jian Ying had one each. Mohammadsaeid Seyed Mir Mehdi scored three for Iran.
Singapore had earlier beaten world No.19 side Kuwait 8-4, a Chinese youth team 8-0, the Philippines 22-2 and Sri Lanka 26-5.
10-07-2013, 10:32 PM #7518
CPF scheme among top 10 pension systems in the world
Published on Oct 07, 2013
The Singapore skyline as seen from Swissotel the Stamford at dusk on Sept 16, 2013. Singapore's Central Provident Fund (CPF) scheme has been named one of the top 10 pension systems in the world, among the likes of countries such as Denmark and Sweden. -- ST FILE PHOTO: CAROLINE CHIA
By Amelia Tan
SINGAPORE'S Central Provident Fund (CPF) scheme has been named one of the top 10 pension systems in the world, among the likes of countries such as Denmark and Sweden.
The annual Melbourne Mercer Global Pension Index ranked Singapore seven out of 20 countries, an improvement from last year's 13 out 18 countries showing.
Singapore scored 66.5 overall, up from 54.8 last year. Denmark took first place with 80.2 and Indonesia with 42 stood in last place.
On a letter grade level, Singapore scored a "B" which is for pension systems with a "a sound structure, with many good features, but has some areas for improvement".
10-07-2013, 10:43 PM #7519
A*Star scientists may have found a way to drive cancer cells to "suicide"
Published on Oct 07, 2013
By Grace Chua
Scientists have found that the difference between life and death for some cancer cells hinges on a tiny molecular change - which could one day be harnessed to drive cancer cells to suicide.
Researchers from Oxford University, the University of Texas, and the Genome Institute of Singapore (GIS) at the Agency for Science, Technology and Research (A*Star), found that E2F, a protein which helps control cell growth, can be affected by a process called methylation, where a cluster of carbon and hydrogen atoms latches on to the outside of a gene and makes it harder or easier for that gene to be active.
Depending on where E2F is methylated, it can either cause cells to die off or to proliferate, with what researchers termed "an exquisite level of precision".
Professor Nick La Thangue of the department of oncology at Oxford University, who supervised the project explained: "It's like there's an angel and a devil competing to get on each shoulder of the protein. Which one gets the upper hand is able to whisper in the ear of the protein and tell it what it should do. With the molecular flag on one shoulder, E2F goes into cell kill mode. With the flag on the other, it goes into cell growth mode."
10-08-2013, 12:52 AM #7520
Calls to save Mandai site that's rich in biodiversity
Researchers highlight its 'full ecosystem' where mangroves, horseshoe crabs thrive
Published on Oct 07, 2013
Researchers N. Sivasothi (left) and Dan Friess at the Mandai mangrove site, which has been zoned as a reserve site - which means it could be subject to future development. Some feel the area needs formal management to conserve it. -- ST PHOTO: DESMOND FOO
By Grace Chua Environment Correspondent
Ads by Rubicon Projec
THE strip of mangroves and mudflats at the edge of the Sungei Mandai Besar river may not be as well-known here as the ones at Sungei Buloh or Pasir Ris Park. But it is home to the largest horseshoe-crab concentration in the world, and two-thirds of Singapore's mangrove species.
Migratory birds also use it as a feeding ground to supplement the food they find from the shores of Sungei Buloh. As birdwatcher Alan Owyong noted: "Without Mandai, there's no Sungei Buloh."
These were among the findings presented by researchers, students and amateur naturalists at a recent conference, the first to focus on the Mandai mangrove, leading to calls to protect the area.
This habitat contains a full ecosystem in a sliver of land, said National University of Singapore (NUS) biology lecturer N. Sivasothi, one of the conference organisers.
All's not lost, mangroves are getting help
SINGAPORE'S mangrove area may have dwindled to less than 1 per cent of its total land area due to development and the damming of natural rivers - a practice which lasted till the early 2000s.
But not all of the mangrove patches here have been lost.
Three decades ago, when Pasir Ris Park was reclaimed from a patch of natural swamp, Sungei Api Api had to be deepened and the mangroves on its banks removed. But the authorities later replanted Avicennia mangroves along Sungei Api Api to stabilise the embankment.
And last year, the National Parks Board (NParks) announced it would carry out a two-year biodiversity study of the 6ha Pasir Ris mangroves.
Earlier this year, the Housing Board announced that the Punggol Waterway, where a pilot 160 sq m patch of freshwater-tolerant mangroves was tested, will get 0.6ha more of such plantings.
The HDB's Building Research Institute and Ngee Ann Polytechnic are studying how effective the mangroves and floating wetlands there are at cleaning the water and attracting more wildlife to the waterway.
Even the mangroves along a 3km stretch of coast in Pulau Tekong, which were at risk from erosion, got help. In 2010, NParks embarked on a project to stabilise the coastline by shoring it up with rocks and mud-filled sacks, and putting in mangrove seedlings and bakau wood poles to soften the impact of waves.
GRACE CHUA - See more at: http://www.straitstimes.com/breaking....HBoLiIDA.dpuf
Last edited by Loh; 10-08-2013 at 01:06 AM.
10-08-2013, 01:52 AM #7521
PSC scholars come from a variety of schools
Kenneth Sng, formerly from Jurong Junior College, was awarded a PSC scholarship in 2011.
Ms Joey Ong who was from Ngee Ann Poly was awarded the PSC scholarship this year.
Tan Jun Liang who was from Ngee Ann Poly was awarded the PSC scholarship in 2010.
Ms Joey Ong who was from Ngee Ann Poly was awarded the PSC scholarship this year.
Awards to students from 13 schools on average each year between 2009 and 2013, up from 7 between 2004 and 200
By NG JING YNG
SINGAPORE — The Public Service Commission (PSC) is giving out scholarships to students from a broader range of schools, as it aims to increase diversity within its ranks by casting the net wider to schools that do not traditionally produce government scholars.
Between 2009 and this year, scholarships were handed out to students from 13 schools on average each year, up from seven between 2004 and 2008.
Over the past decade, PSC scholarships have been awarded to students from 26 different schools, said the commission’s Secretariat Director Terence Chia. Besides Raffles Institution (RI) and Hwa Chong Institution (HCI), scholars hailed from Jurong Junior College, Singapore Polytechnic and Temasek Polytechnic, among other local schools. International schools like the United World College South East Asia have also produced PSC scholars.
Last month, PSC Chairman Eddie Teo had written an open letter highlighting the value of diversity in the public service and describing how the commission has been selecting scholarship holders from a variety of schools and backgrounds and sending them to study in different courses and countries.
In the letter, he had pointed out that the proportion of scholars from RI and HCI has dropped to 60 per cent over the last two years, compared to 68 per cent a decade ago.
According to official figures, RI and HCI alumnus consistently made up more than half of each year’s pool of PSC scholars in the last five years. In 2011, the proportion was the highest in recent years, with 74 per cent of the scholars coming from these two schools.
When contacted, HCI Principal Hon Chiew Weng felt that the PSC has been “very fair to all” and scholarships are given out based on merit, regardless of the applicant’s school.
“What they have done is to increase the number of scholarships offered and give the additional awards to students from many other schools,” added Dr Hon. “As a result, the percentage of scholars from Hwa Chong and Raffles drop, but the absolute number of scholars from HCI has in fact increase.”
Mr Chia stressed that there is no quota on the number of scholarships given out each year and that all “deserving” applicants will be awarded a scholarship. “With the changing education landscape in Singapore, the PSC is starting to see more schools being represented among scholarship recipients each year,” he said.
Through meetings with various educators and information sessions, among other platforms, Mr Chia hopes that more pupils from different backgrounds will come to know about opportunities available to them in PSC.
PSC scholars who came from schools that do not traditionally produce government scholarship recipients welcomed Mr Teo’s call to select students from different backgrounds.
Before he applied, Mr Kenneth Sng, 21, only heard of one other student from Jurong Junior College being awarded the scholarship.
“I think that it would be important to have scholarship holders coming from different backgrounds because they can represent diverse views and opinions in our population. This would in turn help the Civil Service make better public policies,” said Mr Sng, who is studying at the Washington University in St Louis.
Ngee Ann Polytechnic graduate Joey Ong, a political science major at the National University of Singapore, said that diversity is important as the government works towards meeting the needs of Singaporeans. “The challenges that we face now are more complex than before, calling for a public service that embraces diverse backgrounds and viewpoints,” she said.
Before he applied, Ngee Ann Polytechnic graduate Tan Jun Liang, 23, felt it was “very unlikely” for a polytechnic graduate to receive a PSC scholarship.
Still, Mr Tan, whose father is a retiree while his mother works as a cashier at NTUC FairPrice, made the application so that he could play a role in policy-making.
While he agreed that many PSC scholars come from a similar background or are from brand-name junior colleges, he said most of his peers have “never displayed any elitism”.
“In fact, many of them are genuinely concerned about the situation of the underprivileged in Singapore,” he said.
“Personally, I feel that it is not fair to make a blanket statement that all scholars who are from the brand-name JCs are elitist,” he added. “It’s only fair to judge a scholar based on his actions and not on his educational background. Also, it is important to remember that many of the scholars are very young and their world views are limited.”
ADDITIONAL REPORTING BY AMIR HUSSAIN
10-08-2013, 02:22 AM #7522
First ‘green’ SEA Games here in 2015?
By Jose Raymond
10 hours 37 min ago
Major sporting events have an enormous ecological footprint. This is one of the reasons why the environment was introduced as a pillar of Olympism in 1994. The world’s first “green” Games were held in Sydney in 2000.
Mr Franz Beckenbauer, who led the organising committee of the 2006 football World Cup in Germany, saw the challenge of incorporating environmental protection into the organisation of the event — but he also recognised the opportunities, which is why the world was introduced to the “Green Goal” in Germany 2006. Waste, energy, water and mobility were four key areas looked into.
More recently, one of the most memorable programmes administered at last year’s London Olympic Games was its “zero waste to landfills” policy which called upon all participants and spectators to recycle whatever waste they generated.
In less than two years’ time, Singapore will host the Southeast Asian Games in June 2015. It will be the first time that it has hosted the biennial regional event since 1993, although we did play host to the first Asian Youth Games in 2009 and the inaugural Youth Olympic Games in 2010.
Over the last few months, the organising committee has announced various updates about plans for the SEA Games. What is still lacking, though, is a plan for a sustainably organised event that would also pay careful attention to environmental protection. For a start, the Singapore Environment Council would like the organisers to consider the following.
Firstly, they should ensure that all athletes and officials are transported only in buses which are of Euro 5 standards — or even better, only buses which are hybrids or electricity-driven.
Organisers should also work with the major public transport operators and provide spectators with “season passes”, giving them relatively easy mobility to all venues via public transport.
At the World Cup in 2006, ticket holders were given free rides on public buses and trains. Doing so here would avoid unnecessary traffic jams that lead to greater emissions.
Secondly, Singapore’s landfill space at Pulau Semakau is not infinite. The organisers should look into ensuring a “zero waste to landfill” policy. To achieve this, it would be essential for all venues to be equipped with recycling bins.
All spectators should be reminded of their responsibility to clean up after themselves and to show the world that Singapore is not a “cleaned” city but one where people are socially gracious. All food waste in catering for the contingents should also be recycled.
Thirdly, there should be a policy that any hotel or venue which accommodates the Games’ guests, athletes and officials must adopt strict environmental policies. This means that all air conditioning in the rooms should be set at 25°C. They should also have existing environmental policies in place.
If they do not, then they should not be eligible to tender for any of the contracts which will be up for grabs for the Games. The organising committee has a responsibility to be stewards of the environment, and they should take this huge opportunity to drive the right behaviour among businesses.
Finally, if there is any venue which will need to be upgraded or built, the organisers should ensure that the materials are procured from sustainable sources. This can include construction materials and paint, right down to paper and display materials.
These measures are just the barest minimum the organisers could consider for the SEA Games 2015.
Singapore has often been seen as leaders in the region, especially in our environmental policies which have kept our city clean and green for decades. A green Games would further cement our reputation, and help demonstrate how the region can step up to protect the environment.
ABOUT THE AUTHOR:
Jose Raymond is Executive Director of the Singapore Environment Council.
10-08-2013, 11:36 PM #7523
Search for new Singapore Hawker Masters begins with mee rebus
Published on Oct 09, 2013
(From left) Straits Times food critic Wong Ah Yoke, River Inn Group director Steven Yeong, Dennis Wee Group chairman Dennis Wee and Lianhe Zaobao zbNOW food correspondent Marcus Yeo tucking into mee rebus at one of the stalls visited yesterday. -- ST PHOTO: MARK CHEONG
By Rebecca Lynne Tan
The hunt for a new batch of Singapore Hawker Masters began yesterday with the humble mee rebus.
A simple dish of thick yellow noodles with tofu cubes, green chilli and a hard-boiled egg drenched in a flavourful spicy-sour gravy, it is one of six new hawker food categories in this year's search for Singapore's top hawkers.
The annual awards, jointly organised by The Straits Times and Lianhe Zaobao, are now into their fourth year.
Over the next few weeks, judges will sample dishes in five other categories - the dry and soup versions of fishball noodles; cheng tng, a sweet dessert soup; rojak, a prawn paste salad; or luak, or fried oyster omelette; and nasi briyani, a fragrant rice dish usually accompanied by fork-tender mutton or chicken.
- See more at: http://www.straitstimes.com/breaking....yQs8Jp2H.dpuf
10-08-2013, 11:53 PM #7524
Businesses cheer new Downtown Line stations
Trains are expected to bring more customers, though rents likely to rise
Published on Oct 09, 2013
Telok Ayer MRT station is one of the six stations on the Downtown Line that will open in December. The other stations are Bugis, Promenade, Bayfront, Downtown and Chinatown. -- PHOTO: NEO XIAOBIN
MORE CUSTOMERS: "If the MRT opens, we expect it to bring in more income. Many people don't come when it's raining or there are weather issues, so with the MRT station right next door more people can travel to come to the restaurant." - Mr Michael Roh (left), owner of I Love BBQ Korean Restaurant on Amoy Street, seen here with his wife Kim In Soon, 54 -- PHOTO: NEO XIAOBIN
MORE VIBRANT SCENE: "We've been waiting years! It will definitely bring more crowds and the retail scene will become more vibrant." - Ms Eliza Yap (left), an image consultant at Raffles Tailor, which is opening a second store in Marina Bay Link Mall next January. She is seen here with her husband Mac Ho, 55 -- PHOTO: NEO XIAOBIN
By Joanna Seow And Nur Asyiqin Mohamad Salleh
When Mr Michael Roh left South Korea for Singapore two years ago, he brought with him a "Singapore dream" to succeed as a restaurateur.
Now, with the opening of the new Telok Ayer MRT station on Dec 22, he is confident it will come true. His eatery, I Love BBQ Korean Restaurant, is just a street away on Amoy Street and he has renovated the second storey of the shophouse in anticipation of better business.
"Many people don't come when it's raining or there are weather issues, so with the MRT station right next door, more people can travel to the restaurant," said Mr Roh, 53.
Shop owners in Telok Ayer and Marina Bay cheered the news yesterday of upcoming subway stations in their neighbourhoods.
- See more at: http://www.straitstimes.com/breaking....59hIq6wT.dpuf
10-08-2013, 11:58 PM #7525
Six honoured as inspiring teachers of the English language
Published on Oct 08, 2013
(From left) Mr Tan Wah Jiam, 40, from Hwa Chong Institution (College Section); Mrs Anne Kingsley-Lee, 36, from CHIJ St Theresa's Convent; Mrs Sangeetha Sivanesan, 31, from Da Qiao Primary School; Ms Laureen Toh, 30, from Catholic Junior College; Ms Vanessa Heng, 34, from Nanyang Girls' High School; and Mr Patrick Sum, 37, from Anglo-Chinese Junior College are the recipients of this year's Inspiring Teacher of English Award, which honours outstanding teachers of English Language, English Literature and General Paper. -- ST PHOTO: RAJ NADARAJAN
By Ang Yiying
Six teachers received this year's Inspiring Teacher of English Award, which honours outstanding teachers of English Language, English Literature and General Paper.
The recipients are Mrs Sangeetha Sivanesan, 31, from Da Qiao Primary School; Mrs Anne Kingsley-Lee, 36, from CHIJ St Theresa's Convent; Ms Vanessa Heng, 34, from Nanyang Girls' High School; Mr Patrick Sum, 37, from Anglo-Chinese Junior College; Ms Laureen Toh, 30, from Catholic Junior College; and Mr Tan Wah Jiam, 40, from Hwa Chong Institution (College Section).
The winners received their awards from Ms Indranee Rajah, Senior Minister of State, for Education and Law, at a ceremony held at the National Museum of Singapore.
Since 2008, a total of 42 teachers from the primary, secondary and junior college levels have been recognised. The award is jointly presented by the Speak Good English Movement and The Straits Times, and supported by the Ministry of Education.
- See more at: http://www.straitstimes.com/breaking....OC49aVpU.dpuf
10-09-2013, 01:18 AM #7526
Channel NewsAsia opens bureau in Myanmar
7 hours 27 min ago
SINGAPORE — Regional broadcaster Channel NewsAsia has opened a news bureau in Myanmar. It is one of four foreign news organisations to be given a licence to operate in the country.
Channel NewsAsia says the Yangon-based bureau will add to the depth of the channel’s coverage of the region. The broadcaster has a network of offices in 14 key cities in Asia.
Channel NewsAsia correspondent May Wong — a broadcast journalist with 17 years of experience — will continue to unravel the stories and provide perspectives from a country where political and economic reforms are being rolled out.
“There are many untold stories on the ground right now and I think I’m very well placed to be in that position to try and cover a variety of stories — so I’m talking about community stories, social impact, politics as well as economics,” Ms Wong said.
There are also plans to bring the channel’s Business Insights seminar series to Yangon early next year. Channel NewsAsia
10-09-2013, 01:33 AM #7527
Michaela makes it into Wichita’s team
Michaela Oehler has become only the second Singaporean to be selected by Wichita State University’s bowling team. Photo: Singapore Sports School
She becomes only second S’porean after Jazreel Tan to be selected by US college bowling powerhouse
By Gerard Wong
9 hours 56 min ago
SINGAPORE — Former Singapore Sports School (SSP) student Michaela Oehler has become only the second Singaporean to make it into the Wichita State University’s (WSU) bowling team.
The 19-year-old was picked for the American collegiate bowling powerhouse’s women’s team following gruelling selection trials that lasted three weeks (Aug 23 to Sept 13). She is now the second Singaporean, after national bowler Jazreel Tan, to be chosen for the WSU team.
The WSU’s Shocker Bowling Programme is the most accomplished in the United States with 19 men’s and women’s national titles.
TODAY first reported in February that Michaela had been offered a sports scholarship by WSU which will partly cover her tuition fees and expenses for four years. Then a student at the University of Western Sydney (UWS), she accepted the scholarship and commenced her studies at WSU in August.
The former national development squad bowler told TODAY that she faltered at the start of her trials because of nerves.
“I then decided the best thing was to forget about the scores and just concentrate on putting my ball on the line and picking up my makeable spares,” she said of the trials which saw the students bowling 24 games in 10 different challenging lane conditions.
“This helped a lot and I started scoring at a much better pace.”
Michaela eventually did well in the main components of the trials — pinfalls, physical test and skills test. She was second in pinfalls, and first in both the physical and skills tests.
Even then, she was stunned when she found out on Sept 16 that she had been selected.
“There were a lot of emotions in me when I first heard the good news — excitement, happiness, pride and relief,” she said. “Even a week after being on the team, I was still in disbelief.”
Michaela, who has since represented her college in a tournament in Ohio, now hopes to emulate Tan’s successes at WSU.
The 23-year-old Tan — who joined WSU in 2009 on a Singapore Sports Council scholarship — graduated earlier this year as one of the country’s top college bowlers. During her time there, she was named Rookie of the Year in 2010 and Bowler of the Year in 2011. Last year, she won two awards: The Amateur Bowler of the Year for 2011 by the Bowling Writers’ Association of America, and Most Valuable Player for 2011-12.
Tan was also a four-time recipient of the Academic All-American Award, a national award given to student-athletes with a GPA of 3.5 or higher in their studies.
“I am very happy for Michaela who is one of the most hardworking people I know,” she said. “I am happy that she has made it to the school team because the coaching and support become more specialised and you really develop as a bowler.”
Said Michaela who now trains about three hours a day, four times a week: “Making the WSU team means a lot to me. It proved that the hard work I had been putting into my game has paid off. While I was waiting for college to start, I was interning at SSP, and joining the on-lane and fitness training sessions.
“I couldn’t have made it without the support of the coaching staff back home, to whom I am very grateful.”
10-09-2013, 01:47 AM #7528
Hail bowling’s new Princess
Princess first picked up a bowling ball at six. Photo: Wee Teck Hian
By Adelene Wong
SINGAPORE — Keep an eye on the name Jenna Princess Jennifer Fuad.
The 10-year-old bowler from Haig Girls’ School is shaping up to be a star for the future, having won or made the podium in all the major tournaments she has entered this year.
At the 12th National Inter-Primary School Bowling Championship earlier this month, the Primary 5 student won the six-game Masters event by a comfortable 159 pinfalls ahead of schoolmate Sarah Nahah.
Her winning total of 1093 would have placed her in the top three of the Girl’s “C” Division competition at the National Schools Tenpin Bowling Championships for bowlers aged 13 and 14.
The only child of a couple who run their own oil trading business, Princess also won the Singles and All Events competitions, came second in Team and took third in the Doubles.
“I may be young but I am determined to be a national bowler and world champion,” said Princess, who first picked up a bowling ball at six, and lists national players Jasmine Yeong-Nathan and Jazreel Tan as her idols.
Aside from weekly training in school, she also takes private coaching and is a trainee under the Junior Sports Academy (JSA) programme administered by the Ministry of Education and conducted at the Singapore Sports School.
Under the JSA, which grooms outstanding bowlers from all primary schools, Princess trains with former national bowler-turned-coach Catherine Kang, who is impressed with the young bowler’s work ethic.
“Princess is the most outstanding player in her age group at the moment but she was not born talented,” said Kang. “(Her results) are through sheer passion and dedication for the sport.”
On top of bowling five days a week, Princess continues to top her class in mathematics and science, and was part of her school choir, which competed at the Festival of Songs in Prague, Czech Republic.
“I love to sing, and when I was told that I might need to drop either choir or bowling as co-curricular activities in Pri 1, I kept (up) with both and managed my studies well, too,” she said.
10-09-2013, 02:00 AM #7529
Bukit Brown Cemetery named on global list as a site at risk
Published on Oct 09, 2013
Tombstones at Bukit Brown Cemetery, off Lornie Road. Singapore's Bukit Brown Cemetery has been named as an at risk site on the 2014 World Monuments Watch - a biennial listing by the World Monuments Fund which compiles cultural heritage sites that are threatened around the world. -- ST FILE PHOTO: TED CHEN
By Melody Zaccheus
SINGAPORE'S Bukit Brown Cemetery has been named as an at risk site on the 2014 World Monuments Watch - a biennial listing by the World Monuments Fund which compiles cultural heritage sites that are threatened around the world.
Bukit Brown Cemetery, where the graves of pioneering Chinese immigrants to Singapore since the mid-nineteenth century stand, is one of 67 sites from 41 countries and territories.
Other sites include Indonesia's Ngada Villages, the churches of St. Merri and Notre-Dame de Lorette in Paris and cultural heritage sites in Syria.
Work on a controversial 2km dual four-lane road, costing $134.7 million, cutting through the Bukit Brown cemetery will start early next year after the affected graves are exhumed.
10-09-2013, 09:26 PM #7530
Jump in number of Singapore millionaires: Credit Suisse
Figure now at 174,000, thanks to recovery of financial markets: Report
Published on Oct 10, 2013
The Singapore skyline reflected in the lotus pond under the ArtScience Museum at Marina Bay Sands at 9am in the morning. -- ST FILE PHOTO: ASHLEIGH SIM
By Yasmine Yahya
The number of millionaires here has risen at a sharp rate, thanks to the robust recovery of financial markets in the past year.
The Credit Suisse Global Wealth Report found that Singapore's total wealth grew by 8.7 per cent to US$1.1 trillion (S$1.37 trillion) in the 12 months to mid-2013. Average wealth per adult increased by 6.8 per cent to US$282,000. This figure includes a person's home, if he owns it.
This is quite a turnaround from the last report, which showed that between mid-2011 and mid-2012, total household wealth in Singapore dipped by 2.5 per cent to US$1 trillion, while the average wealth of people fell by 4 per cent to US$258,117. As a result, Singapore is now ranked second in the Asia-Pacific region after Australia in terms of wealth per adult, up one spot from last year. Globally, Singapore is now in eighth position.
Switzerland retained its top spot, with average wealth of US$513,000 per person, followed by Australia in second place with average wealth of US$403,000 and Norway in third at US$308,000.
10-09-2013, 10:37 PM #7531
NUS MBA now 2nd outside US in Forbes ranking
Photo: Channel NewsAsia
School rises from fourth among world’s best non-US business schools; Princeton Review also ranks NUS MBA programme among world’s best
2 hours 30 min ago
SINGAPORE — The National University of Singapore (NUS) Business School’s Master of Business Administration (MBA) programme has moved up two places to clinch the second spot in Forbes’ latest ranking of two-year MBA programmes outside the United States, remaining the best Asian two-year MBA programme.
Forbes’ ranking was released yesterday (Oct 9).
Forbes 10 best international 2-year MBA programmes
1 London Business School 2 NUS Business School 3 Hong Kong UST 4 Manchester Business School 5 IESE, Barcelona 6 Ipade, Mexico City 7 Ceibs, Shanghai 8 Esade, Barcelona 9 HEC-Paris 10 York (Schulich), Toronto
NUS Business School also been placed among the best non-US institutions in Princeton’s The Best 295 Business Schools: 2014 Edition guidebook, which lists the world’s best MBA programmes.
“We are delighted that the NUS MBA has moved up to second place on Forbes’ ranking of two-year non-US programmes,” said Professor Bernard Yeung, Dean and Stephen Riady Distinguished Professor, NUS Business School.
“The results testify to the quality and value of our programmes. We have been focusing on enhancing the value and impact of our teaching, and will continue to raise the quality of our research, scholarship and thought-leadership.”
Among all non-US MBA programmes, which include both one-year and two-year degrees, the NUS MBA programme is ranked ninth.
Associate Professor Susanna Leong, Vice Dean of Graduate Studies, NUS Business School said:
“We are proud to see our graduates take up larger responsibilities, both in the region and globally, after obtaining their degrees from NUS Business School.
“The rankings give us the added motivation to continue focusing on top-quality teaching, and enhancing the educational experience and employability of our students.”
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