There are online questions asking why the Ministry of education spends $350 million a year on foreign students in Singapore’s education system. Is it true the government cares only about foreigners, and ignore the welfare of Singaporeans?
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A growing number of wealthy Chinese are rushing to sell their luxury homes in Hong Kong, with some even offering big discounts for a quick sale, on the back of a looming liquidity crunch on the mainland, stated media reports. These same cash-strapped sellers were blamed for the skyrocketing property prices in Hong Kong, where they accounted for 43 percent of new luxury home sales in Q3 2012, prior to the introduction of a tax hike on foreign buyers.
Singapore is a country in which its ivory tower leaders live in denial. Every criticism or negative comment invites a knee jerk defensive response from PAP politicians eg. New York Times’ editorial on the Little India Riot link, criticism of politicians’ wild claims of housing affordability on a $1000 monthly income, etc. Freelance writer Charlotte Ashton moved to Singapore last year. She had a shocking experience on the MRT.
Las Vegas Sands Corp. (LVS) has asked Singaporeauthorities for more land to increase rooms at its resort in the city-state by about 60 percent after facing almost full occupancy, billionaire Chairman Sheldon Adelsonsays. The world’s biggest casino operator plans to add 1,500 rooms to the 2,563-room Marina Bay Sands, Adelson said at a briefing in Singapore today.
Universities fees were raised in concert last year. And they are doing it again this year, in concert again. Is there anything wrong when merchants acted together to raise prices, like the price of a cup of kopi in the kopitiams? My apologies, universities are not merchants. This time they cited higher costs of talents, supplies and services and the expectations of students and the fee hikes are to defray these costs.
I refer to the article “How much more the 2014-15 university intake will pay” (Today, Mar 21). University fees up as much as 7.9%? It states that “(university) Fee increases will range between 2.6 per cent and 7.9 per cent.” Spending per university student? According to the Ministry of Education’s (MOE) Education Digest 2013 – Government recurrent expenditure on education per university student in 2012/2013 was $20,978. According to the Department of Statistics’ (DOS) Singapore 2005 Statistical Highlights – the above was $13,420 in 1985.