Singapore will set up a national endowment fund known as the Singapore Universities Trust to support higher education institutions through economic downturns, Prime Minister Lee Hsien Loong announced during his annual National Day Rally speech this week. The trust will be set up as part of US$4 billion to be provided to universities over the next 20 years to build up endowments. Full story
SINGAPORE: New Universities Trust to ensure funding
University World News, 2 Sep 2010
Singapore will set up a national endowment fund known as the Singapore Universities Trust to support higher education institutions through economic downturns, Prime Minister Lee Hsien Loong announced during his annual National Day Rally speech this week. The trust will be set up as part of US$4 billion to be provided to universities over the next 20 years to build up endowments. Full story
Singapore will set up a national endowment fund known as the Singapore Universities Trust to support higher education institutions through economic downturns, Prime Minister Lee Hsien Loong announced during his annual National Day Rally speech this week. The trust will be set up as part of US$4 billion to be provided to universities over the next 20 years to build up endowments. Full story
