Silver Travel Industry in Singapore

A new Memorandum of Understanding (MoU) has been signed between Temasek Polytechnic (TP) and National Association of Travel Agents Singapore (NATAS) in order to excel in the Travel Industry.

The Humanities and Social Sciences schools of TPs will come together and join their hands in researching the requirements of older travellers.

The research process begins with the data collection ad hence the the travel companies will be contacted for this.After examining the data, the same will be shared in conferences.

The main aim is to get deep knowledge on the latest travel trends of people having age greater than 50 years and hence provide them better services according to their requirements.

Some of the results have come from US and Europe and it has been concluded that the people of age 50 and more travel more and the unfortunate point to note that they are not being catered. Travel companies make arrangements according to young generation.

Singapore – as one of the fastest ageing nations and it will be oldest by 2050, and to prove this, both NATAS and TP have joined hands and want to explore the Silver Travel Industry.

To reap the benefits of this Silver Travel Industry, NATAS will work with students of TP who have interest in travel and hence work for the growth of this industry. Also NATAS will give prizes to students who have given their best and will also provide them scholarships with training programs.

Singapore – one of the most attractive gaming market

According to sources, Singaore is expecting to earn S$ 9 billion in 2012 from casinos. From the official sources,Citi Group,the money that will be earned from casinos at Marine Bay Sands (MBS) and Resorts World Sentosa (RWS) would be around $6.9 billion in 2012 which is 13 percent more as compared to 2011.

It has been said that gaming revenue this year would leave behind the expected amount for Las Vegas.Both MBS and RWS earn a lot from casinos games. Las Vegas gaming revenue is expected to be US $ 6.2 billion.

The leader among all these is Macau which is expected to earn US $ 40 billion through gaming.

Also tourists staying in the hotels at MBS marked 98.1 percent in 2011 and the room charges have hiked 11 percent in quarter 3 as compared to previous quarters.

VIP segment has dropped to 44 percent from 44 percent in quarter 3. The net revenue for RWS is S$802 million.It is expected that Genting Singapore owned RWS will earn more in 2012 as compared to its earnings in 2011.

UMS Holdings Ltd share price hike

On 5th Dec 2011, when the UMS Holdings Limited of Singapore, which makes semi-conductor products, told that it is planning to purchase two manufacturing companies and that too for S$ 28 million, its share price shoot out drastically.

The two manufacturing companies are Integrated Manufacturing Technologies Inc and Integrated Manufacturing Technologies Pte Ltd. These companies makes systems and equipments that delivers gas.

This will help in more development of Singapore and hence enhance the lives of people there.


RSS Archer in Singapore

RSS Archer which is Singapore’s first Archer-class submarine, is now in operation. The same was disclosed at the Changi Naval Base by Defence Minister Ng Eng Hen.

According to sources, 2 years ago, in Sweden also, the RSS Archer was launched. In August 2011, RSS Archer entered in Singapore and an extensive training is to be given to the crew in order to make best use of the advanced systems.

There has been a thorough examination of different systems and sea trials have been conducted in the local conditions .

This RSS Archer will increase the submarine’s efficiency and effectiveness and hence will support Singapore’s peace and stability.

Child Protection is the need of the hour in Singapore

Child Protection Review, is done to analyze internal work procedures and collaborations among multiple agencies of Child Protection Service in order to discover the strengths and challenges in child’s protection. When the results of Child Protection Review came out, one of the most important concern was noticed which is related to Child Protection.

To address this issue, the government of Singapore, is planning to set up an agency which is solely responsible for protection of children and hence support children of abuse.

This agency in Singapore will be a step ahead for other agencies looking after the society’s cases and problems.   There will be an additional service which is under development that will cater the out of home care requirements for children.

The new policies,programmes,principles etc. will be developed and followed to achieve the best results and hence save children.The inter-ministry work force will propagate this issue of child abuse and make people aware of that and make them to join the cause.

All these initiatives were recognized by Youth and Sports Halimah Yacob and Minister of State for Community Development at 15th anniversary of the National Family Violence Networking System.

Dolphins as educators!!!

Yes its true..As said by the Vice President,Peter Doyle, of Dolphins in Resorts World Sentosa’s Marine Life Park (MLP),Singapore will impart education on conservation.

The MLP will be opened in 2012 and will consist of 25 dolphins. This innovative programme will take place with the help of Resorts World Sentosa and Sea Research Foundation’s (SRF) Mystic Aquarium in the United States. It has been concluded that Mystic Aquarium has also conducted related educational programmes and marine animal research.

Famous multimedia and science programme by Sea Research Foundation and famous National Geographic Society, The JASON project, will be responsible for providing the content for the conservation programme.

Founder of this JASON project, Dr Robert Ballard, is a great oceanographer and he discovered the RMS Titanic after 70 years when it sank.

Peter Doyle,Vice President of Dolphins in Resorts World Sentosa’s Marine Life Park,has propagated about this conservation programme to about more than 250 principals and educators from around 70 schools. Also state-of-the-art animal hospitals,professionals have been arranged for this initiative.

Also development of programmes are on its way that will allow people to learn from their own experiences. As said by MLP,these programmes will be in such a manner that will enhance the developmental needs of students that are 0.5 million. Students will be put under different categories like younger students will learn about horseshoe-crab species’ conservation and older students will get to know about mangrove and mudflats habitats.

There will be unique programmes like “Researchers for the Day” in which the students will take blood samples from marine species.

Overall from this spectacular initiative, there will be more knowledge imparted towards the conservation issue and there will be better learning as compared to classroom learning where teachers will be working with MLP to decide the lessons for their classes.

Why Singapore is more competitive?

Singapore’s investment in Research & Development (R&D) sector has increased the competitiveness of Singapore among its competitors like India,China etc.

Also this has led to hike in creation of quality jobs in Singapore’s companies and also diversified the economy and hence made Singapore more adaptive and stimulating towards global conditions and changes.Due to this, the Prime Minister of Singapore, Lee Hsien, will continue to invest in R&D and will increase the budget of R&D expenditure to 3.5 percent of GDP (Gross Domestic Product) by 2015.

In 2009, money spent on R&D was $6 billion which was 2.28 percent pf GDP. With continuous growth in investment in R&D sector , emphasis is more on innovations and making the life of the people simple and easy.

To do the same,collaboration of strengths,positive points of various universities and research institutes in basic research will be done. For instance, Procter & Gamble, which produces consumer related products is joining hands with A*STAR in order to develop latest technologies for its products across the World.