SINGAPORE: Four universities get private funding boost

Singapore's four public universities have each received at least S$1 million (US$810,000) in aid from Prima Limited, the republic's first flour miller. Nanyang Technological University, the National University of Singapore and Singapore Management University were each handed a cheque for S$1 million on the occasion of the Prima group's 50th anniversary, writes Lois Calderon for Channel News Asia.

The Singapore University of Technology and Design, meanwhile, was awarded S$2 million in financial aid, which it said will be used to fund student scholarships. Prima said the university received more since it is new and thus would need greater financial support.

Nanyang Technological University said it would allocate the fund to set up a professorship that will advance research in energy. The financial aid will support the National University of Singapore's new curriculum, while Singapore Management University said the money would finance its annual research symposium on accountancy.
Full report on the Channel News site