Tuesday, 19 August 2014

NUS climbs 23 places in global university rankings

The National University of Singapore (NUS) was ranked 111th among the world's universities, helped by improvements in the field of Engineering and Technology and Computer Sciences.

The university said on Friday (Aug 15) that it jumped 23 places from 2013's 134th placing in the Academic Ranking of World Universities (ARWU), and remains within the 101-150 band of more than 1,200 varsities ranked each year.

The rankings were conducted by the Centre for World-Class Universities (CWCU) at Shanghai Jiao Tong University in China, which started the project back in 2003.

Friday, 15 August 2014

Slow retail sales in Q2 despite Great Singapore Sale

The triple whammy of MH370's disappearance, Thailand’s political turmoil and China’s legislation on overseas tour packages contributed to a 1.7 per cent on-year dip for international visitor arrivals in Singapore for the first five months of 2014.

The drop in tourism numbers, coupled with declining GDP growth and the increasing popularity of online shopping have led to slower Q2 sales for retailers here, according to a report from real estate service provider Savills released on Friday (Aug 15).

Monday, 11 August 2014

Singapore's sharing economy is on the rise

Do you have a spare tennis racket or power drill lying around the house? You can turn a profit from these under-used possessions by renting them out to strangers who need them. Such services are part of the sharing economy, which is growing quickly in Singapore.

Rent Tycoons is the sector’s first such portal in Singapore, and it helps to match owners with renters. In less than two years, some 2,000 owners have signed up. The platform "allows anybody to share whatever that is within their homes, making it possible to share these resources with not just your friends and family, but also with strangers and your neighbours", said co-founder Fenni Wang.

Friday, 8 August 2014

Preventive measures key to keeping healthcare costs low: Gan

Preventive health measures, such as staying healthy, are the most important factor in keeping healthcare costs low in a rapidly ageing society that has an increasing proportion of singles, said Health Minister Gan Kim Yong on Thursday (Aug 7).

“Ageing is not a problem; it’s health that is the problem,” said Mr Gan, responding to a question raised by a participant during a public forum on MediShield Life.

He added that keeping healthcare costs low and affordable is one of the ways to mitigate the future problem of ageing singles with little or no family support.

Wednesday, 6 August 2014

Israel, Hamas both bear responsibility for Gaza conflict: Shanmugam

Foreign Affairs Minister K Shanmugam says Israel and Hamas both bear responsibility for the escalating conflict in Gaza, in hostilities which have claimed nearly 2,000 lives, mostly Palestinian civilians, over the past 29 days.

"We all share a concern for the loss and suffering of innocent lives. Both Israel and Hamas should do their part to stop this violence. We have joined the international community in urging restraint and supporting humanitarian efforts," Mr Shanmugam told Parliament on Tuesday (Aug 5).

Tuesday, 5 August 2014

Singapore Zoo is best in Asia: TripAdvisor

The Singapore Zoological Gardens was named the top Asian zoo by TripAdvisor on Tuesday (Aug 5), while Resorts World Sentosa's (RWS) SEA Aquarium was ranked seventh in the Asia's aquarium list.

The travel site operator said its Travellers' Choice awards for Zoos and Aquariums identified 275 winners, with Henry Doorly Zoo in Nebraska in the United States clinching top spot for Zoos worldwide while Monteray Bay Aquarium in California came first in the Aquarium category.

Monday, 4 August 2014

Local tech firm valued at S$1.25b in US report

Local gaming company Garena has been valued at US$1 billion (S$1.25 billion) in a United States-based report – putting it way ahead of other tech companies here – as the Singapore tech scene gears up with an increasing number of venture capitalist investments and acquisitions in recent years.

The World Startup Report recently published a listing of the top three Internet companies by market valuation in each of the 50 countries in the report, with Singapore coming in at 27th on the list. Each country was represented by its three largest Internet companies.