NUS, NTU and SUTD are searching worldwide for new heads to lead the institutions in their next phase of growth. The Presidents of the three universities are expected to step down next year.
Professor Tan Khee Giap from the Asia Competitiveness Institute at Lee Kuan Yew School of Public Policy at NUS said that Singapore’s economic growth needs to be from 3 to 5 per cent during the boom time to achieve its target of 2 to 3 per cent for the next 10 years, as the country might experience negative growth during a global economic downturn.
Ms Saza Faradilla, a third-year undergraduate at Yale-NUS College, is an accomplished student leader and an active community head. She chose to study at Yale-NUS because of its unique start-up culture, where students can help shape policies and rules. She was awarded the Yale-NUS Global Leader Scholarship, which fully covers her tuition and residential college fees for four years, provides an annual living and book allowance as well as a one-time computer and overseas student exchange programme funding.
The Straits Times
Ms Cheri Tng Jing Ying, an NUS Business School undergraduate, took up the NUS Global Merit Scholarship as she wanted a scholarship that fitted her personality and interests, and which also could support her endeavours, along with her desire to learn and grow as an individual. As it is bond-free, the Scholarship gives her the capacity to explore various options, take part in different internships and discover more in the process. It also allows her to enrol in a funded residential programme.
The Straits Times
The Graduate Employment Survey 2016 revealed that NUS graduates enjoyed a stable and high employment rate and higher starting salaries in 2016. Close to nine in 10 fresh graduates from NUS secured employment within 6 months after their final exams. Fresh graduates from 16 courses in full-time permanent employment also saw higher starting salaries.
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During his second year at NUS, NUS Overseas College programme graduate Mr Foo Tiang Lim spent a year attending entrepreneurship classes at Stanford University while interning for medical device manufacturer Second Source Medical. He described his time in the US as a life-changing experience that helped him develop Silicon Valley risk-taking values, as well as offered opportunities to attend lectures and rub shoulders with icons of entrepreneurship such as the founder of the “Lean Start-Up” movement, Mr Steve Blank; co-founder of LinkedIn, Mr Reid Hoffman; and co-founder of Apple, Mr Steve Jobs.
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Assoc Prof Mak Yuen Teen from NUS Business School opined that non-executive directors (NEDs) should be remunerated fairly for their time, responsibilities and contributions, but the remuneration should be appropriate and transparent. Issuers should disclose all remuneration paid to NEDs, including those paid for serving on other entities within the group. He added that all ‘emoluments’ paid to NEDs should be put to shareholders for approval.
The Business Times
A new Financial Capability and Asset Building curriculum is being developed by the Next Age Institute (NAI) at NUS Faculty of Arts and Social Sciences. It has been used in the US and NAI will work in collaboration with the Washington University in St Louis to adapt it to Singapore, where there has been no formal training in this area. The curriculum will be piloted with NUS social work undergraduates and about 100 social workers next year.
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Assoc Prof Tan Khee Giap, Co-Director of the Asia Competitiveness Institute at the Lee Kuan Yew School of Public Policy at NUS and Mr Gareth Tan Guang Ming, Research Assistant at the same Institute, highlighted the Government’s intent to lend financial support to seven broad strategies tabled by the Committee for the Future Economy to improve the longer-term resilience of Singapore’s highly open city-state economy.
The Straits Times
Research Associate Mr Martin Stavenhagen, together with Senior Research Fellows Dr Joost Buurman and Dr Cecilia Tortajada, all from the Institute of Water Policy of the Lee Kuan Yew School of Public Policy at NUS, looked at how three European cities – Berlin, Copenhagen and Zaragoza – cut down water usage by raising prices and using a tariff system that penalises excessive water usage.
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