RafflesEdu   

Raffles Edu

wah so many stuff to digest on for just one counter.  

i am still wondering about the impact of RCHE, to operate as an investment holding co.  

 

sOmeOne else  suggested that:

sEE  REC's  balance sheet CASH  iNCREASE  Or decrease  by  US44 MiLLiOn ???? 

 

Overheard  sOmeOne  that  iT iS REC  WHiCH  iNvested the US44 MiLLiOn  ????

cannOt  UNderstand ????

erictkw      ( Date: 24-Feb-2010 22:00) Posted: Is Khazanah dumb or wise then to invest its US$44 million investment in REC's OUC knowing that ITE is going to get involved??

 

nOt  lOng  agO, SM gOh  ADViSED that  schOlars  are  nOt  sO  impOrtant  iN  the  team  tOday.

SERVERS  are  mOre  mOst  impOrtant  iNstead  Of  dEgrEEs.

 

Associate Company, Oriental Century Limited, Signs Transaction Agreement With ISS Holdings Pte Ltd

 

Yo, can anybody advise on the impact to REC's bottomline?

 

Desperate yes, but also very smart ! I think REC management has many intelligent people, that's why they can always come up with good ideas to continue to grow REC.

tonylim      ( Date: 25-Feb-2010 20:02) Posted: Looks like Raffles Education is desperate .  It will link up with any Tom Dick & Harry boyikao3      ( Date: 25-Feb-2010 15:31) Posted: Quite true. REC has been wanting to build a campus in Australia for a long time but without success because their courses and certs not recognised by MOE of Australia.. Now they are doing it in Malaysia and will be issuing certs that are recognised by Malaysian government. Sooner or later they will need to do this because so far they are a "virtual school" means with no campus and just issuing their own certified degrees without been recognised by any other universities. With this new campus in Malaysia, they will have a "base" and can start to issue their own certs and degrees by clamining that MOE Malaysia recogises Raffles University. Very smart rite

 

Looks like Raffles Education is desperate .  It will link up with any Tom Dick & Harry

boyikao3      ( Date: 25-Feb-2010 15:31) Posted: Quite true. REC has been wanting to build a campus in Australia for a long time but without success because their courses and certs not recognised by MOE of Australia.. Now they are doing it in Malaysia and will be issuing certs that are recognised by Malaysian government. Sooner or later they will need to do this because so far they are a "virtual school" means with no campus and just issuing their own certified degrees without been recognised by any other universities. With this new campus in Malaysia, they will have a "base" and can start to issue their own certs and degrees by clamining that MOE Malaysia recogises Raffles University. Very smart rite ? erictkw      ( Date: 25-Feb-2010 09:29) Posted: PRESS DIGEST - Singapore newspapers - Feb 25      2/25/2010 8:45:00 AM  SINGAPORE, Feb 25 (Reuters) - The following are stories from Singapore newspapers on Thursday. Reuters has not verified these stories.        BUSINESS TIMES  - Raffles Education <RLSE.SI> is looking to extend its ties with Malaysian state investor Khazanah Nasional by setting up a university in Iskandar Malaysia in a proposed joint venture.  Iskandar is a swath of land in Malaysia about three times the size of Singapore located just north of the city-state. Malaysia hopes to develop the area by attracting industries as well as providing services to its richer neighbour.  (Reporting by Fabian Ng; Editing by Kevin Lim) ((fabian.ng@thomsonreuters.com; +65 6403 5666; Reuters Messaging: fabian.ng@thomsonreuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: SINGAPORE DIGEST/

 

Quite true. REC has been wanting to build a campus in Australia for a long time but without success because their courses and certs not recognised by MOE of Australia.. Now they are doing it in Malaysia and will be issuing certs that are recognised by Malaysian government. Sooner or later they will need to do this because so far they are a "virtual school" means with no campus and just issuing their own certified degrees without been recognised by any other universities. With this new campus in Malaysia, they will have a "base" and can start to issue their own certs and degrees by clamining that MOE Malaysia recogises Raffles University. Very smart rite ?

erictkw      ( Date: 25-Feb-2010 09:29) Posted: PRESS DIGEST - Singapore newspapers - Feb 25      2/25/2010 8:45:00 AM  SINGAPORE, Feb 25 (Reuters) - The following are stories from Singapore newspapers on Thursday. Reuters has not verified these stories.        BUSINESS TIMES  - Raffles Education <RLSE.SI> is looking to extend its ties with Malaysian state investor Khazanah Nasional by setting up a university in Iskandar Malaysia in a proposed joint venture.  Iskandar is a swath of land in Malaysia about three times the size of Singapore located just north of the city-state. Malaysia hopes to develop the area by attracting industries as well as providing services to its richer neighbour.  (Reporting by Fabian Ng; Editing by Kevin Lim) ((fabian.ng@thomsonreuters.com; +65 6403 5666; Reuters Messaging: fabian.ng@thomsonreuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: SINGAPORE DIGEST/

 

PRESS DIGEST - Singapore newspapers - Feb 25      2/25/2010 8:45:00 AM

SINGAPORE, Feb 25 (Reuters) - The following are stories from Singapore newspapers on Thursday. Reuters has not verified these stories.        BUSINESS TIMES  - Raffles Education <RLSE.SI> is looking to extend its ties with Malaysian state investor Khazanah Nasional by setting up a university in Iskandar Malaysia in a proposed joint venture.  Iskandar is a swath of land in Malaysia about three times the size of Singapore located just north of the city-state. Malaysia hopes to develop the area by attracting industries as well as providing services to its richer neighbour.  (Reporting by Fabian Ng; Editing by Kevin Lim) ((fabian.ng@thomsonreuters.com; +65 6403 5666; Reuters Messaging: fabian.ng@thomsonreuters.com)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: SINGAPORE DIGEST/

 

Is Khazanah dumb or wise then to invest its US$44 million investment in REC's OUC knowing that ITE is going to get involved??

 

You are joking downright ! If China parents find out that they are paying 29K USD for a 3 year course that ties their kid's future to a technical institute used to train foreigh labours, they will freak out! ITE producing scholars??? Do you know what you are talking about? Reputation, once gone, its gone !

xavier26      ( Date: 24-Feb-2010 20:27) Posted: I do understand that in today's context, ITE is no longer an important institution of studies. That does not deny the fact that ITE does know how to conduct courses that is relevant in other country. I think Raffles does it right this time by forming a strategic partnership with ITE. You have a government back institution with more experience providing education for a country that requires international standard business skills. To think about it, parents in China will be more than happy when their kids are enrolled to a international business school at local cost. Better still if ITE and Raffles merge in all overseas ventures. They can bring our Singapore Branding out. Don’t forget Singapore have produce more scholars than any other country with such a small population.

 

I do understand that in today's context, ITE is no longer an important institution of studies. That does not deny the fact that ITE does know how to conduct courses that is relevant in other country. I think Raffles does it right this time by forming a strategic partnership with ITE. You have a government back institution with more experience providing education for a country that requires international standard business skills. To think about it, parents in China will be more than happy when their kids are enrolled to a international business school at local cost. Better still if ITE and Raffles merge in all overseas ventures. They can bring our Singapore Branding out. Don’t forget Singapore have produce more scholars than any other country with such a small population.

 

The ITE deal makes sense since it provides a certain synergy to its local programmes. Smart students from the JCs and Polys don't go to Raffles college for a degree. Raffles degree tend to attract vocational students in the arts and designs stream. Most of these students are in the ITEs and Polys.

 

That iS tO say,

SindrOpOreans will graduate WiTH  drOpOut degrees from RiTEdrOp UNiVERdrOpSiTY ????

Singlish WiLL be taken Over by SindrOplish

Oh Oh my gOd and my dOg

WHEN can SingpOre ever Overtake hOng kOng FiNANCiAL CENTRE????

SingapOre had been DREAMiNG abOut THiS fOr twO DECADES already

 

Singaporeans used to be knOwn as tOp in ENGLISH in South East ASIA.

Since 2008, there started numerous complaints abOut SingapOreans whO cannOt UNderstand SiMPLE ENGLiSH and made a MASS iN the frOnt LiNE SERViCES at FiVE STARS hOtels and restaurants and shOpping centres.

WiTH THiS iTE prOject, iT sOunds LiKE SingapOre iS gOing to MASS impOrt "fOreign drOp Outs"????

JUST iMAGiNE????

SingapOre WiLL becOme SindrOpOre 

 

erictkw      ( Date: 24-Feb-2010 16:12) Posted: You may be surprised to know what ITE has down the pipeline. There will be more mega-ITEs sprouting up in Singapore, I think the next one should in AMK. Does that mean S'pore is having many drop outs?? pharoah88      ( Date: 24-Feb-2010 15:50) Posted: ITE is for those "O" Level drOp Outs whO cannOt qualify fOr the 2-Year JC or 3-Year Pre-University "A" level programs. May be sOme are even Primary SchOOl drOp Outs. That means, Raffles' Degree prOgrammes are nOw targeting the ITE graduates and drOp Outs? Oh my gOd and my dOg.

 

Desperate for growth... right on the dot

boyikao3      ( Date: 24-Feb-2010 13:47) Posted: I see this partnership as going against REC's brand vision as the "region's premium education provider". ITE has never and will never be able to synergies with that kind of corporate vision. REC manangement seems confused internally what it wants to achieve out of the Raffles brand. All these recent activities is sending out a clear signal - "Desperate for ways to grow" !    erictkw      ( Date: 24-Feb-2010 12:18) Posted: ITE Education Services Private Limited (“ITEES”) is a wholly owned subsidiary of the Institute of Technical Education (“ITE”) and is authorised by ITE to grant licences to third parties in respect of courses and other educational material developed by ITE. ITEES also provides professional services in consultancy and projects as well as short term skills training and professional courses. ITE is a statutory board under the Ministry of Education, Singapore and is Singapore’s principal provider of technical education and training. ITE also develops national occupational skills certification and standards to enhance Singapore’s workforce competitiveness. Leveraging on more than 40 years of knowledge, capabilities and experience of ITE and its predecessor organizations, ITEES is able to help organizations meet the training needs and challenges of a rapidly changing global economy.

 

You may be surprised to know what ITE has down the pipeline. There will be more mega-ITEs sprouting up in Singapore, I think the next one should in AMK. Does that mean S'pore is having many drop outs??

pharoah88      ( Date: 24-Feb-2010 15:50) Posted: ITE is for those "O" Level drOp Outs whO cannOt qualify fOr the 2-Year JC or 3-Year Pre-University "A" level programs. May be sOme are even Primary SchOOl drOp Outs. That means, Raffles' Degree prOgrammes are nOw targeting the ITE graduates and drOp Outs? Oh my gOd and my dOg.

 

ITE is for those "O" Level drOp Outs whO cannOt qualify fOr the 2-Year JC or 3-Year Pre-University "A" level programs.

May be sOme are even Primary SchOOl drOp Outs.

That means, Raffles' Degree prOgrammes are nOw targeting the ITE graduates and drOp Outs?

Oh my gOd and my dOg. 

 

The wording RAFFLES by itself has much better BRAND than that of the ITE. sigh

 

I see this partnership as going against REC's brand vision as the "region's premium education provider". ITE has never and will never be able to synergies with that kind of corporate vision. REC manangement seems confused internally what it wants to achieve out of the Raffles brand. All these recent activities is sending out a clear signal - "Desperate for ways to grow" !   

erictkw      ( Date: 24-Feb-2010 12:18) Posted: ITE Education Services Private Limited (“ITEES”) is a wholly owned subsidiary of the Institute of Technical Education (“ITE”) and is authorised by ITE to grant licences to third parties in respect of courses and other educational material developed by ITE. ITEES also provides professional services in consultancy and projects as well as short term skills training and professional courses. ITE is a statutory board under the Ministry of Education, Singapore and is Singapore’s principal provider of technical education and training. ITE also develops national occupational skills certification and standards to enhance Singapore’s workforce competitiveness. Leveraging on more than 40 years of knowledge, capabilities and experience of ITE and its predecessor organizations, ITEES is able to help organizations meet the training needs and challenges of a rapidly changing global economy.