Global Markets

Chinese tutor billionaires no longer so following government curbs

From more than US$15 billion, Gaotu Techedu Inc's Larry Chen's networth has shrunk to just US$336 million

Global Markets

China bans for-profit school tutoring in sweeping overhaul

The out-of-school education industry has been "severely hijacked by capital".
Investors from Tiger to Temasek bracing as $136 bil online tutoring market comes under scrutiny - THE EDGE SINGAPORE

Capital markets

Investors from Tiger to Temasek bracing as $136 bil online tutoring market comes under scrutiny

The regulatory clampdown has thrown a wrench into the IPO plans of many high-flying startups

Disruption and Digitalisation

ACKTEC redesigns learning

ACKTEC founder Rayvan Ho does not believe learning only takes place in a classroom.

Global Economy

Advanced economies' missing link

(Feb 21): As 2020 gets underway, employment in both Europe and the US is at a record high and still rising. The job losses from the 2008 financial crisis and subsequent recession have been all but reversed – but you wouldn’t know it from the public mo

Inclusive society

How to educate for an uncertain world

SINGAPORE (Aug 23): The late scientist and author Carl Sagan told this story in his bestseller Cosmos. At the height of the excitement over space exploration, a newspaper editor commissioned a famous astronomer to write a 500-word article on whether there


UOB Venture Management launching second Asia impact fund in 2H

SINGAPORE (June 10): UOB Venture Management (UOBVM) says it intends to roll out its second impact fund, the second series of the Asia Impact Investment Fund (AIIF II), to global institutional and accredited investors in 2H19.

Corruption probe

NGSC reports former directors to police over $1.1 mil of suspected unauthorised payments

SINGAPORE (June 4): NGSC says it has lodged a police report against two of its former directors for their alleged involvement in suspected unauthorised payments amounting to $1.1 million.

Special Feature

Humanity at core of education of society's future leaders

SINGAPORE (June 3): For the past 15 years, Li Yajun, also known affectionately as Nana to people around her, has given up the creature comforts of her home in Taiwan to spend nearly all her time in the remote villages in Nepal, working with and for the ru

Broker's Calls

Time to 'buy' MindChamps as growth initiatives bear fruit: RHB

SINGAPORE (May 27): RHB Research continues to keep MindChamps Preschool at “buy” at a lower target price of 83 cents compared to 87 cents previously, indicating a 26% upside plus 2.2% yield.