Commenting on more drivers jumping on the electric vehicle (EV) bandwagon, SMU Assistant Professor of Strategy & Entrepreneurship (Education) Terence Fan said that ultimately, the sale of traditional internal combustion engine cars will stop by 2030. So there is little cause to worry if people will be on board by then as they will “fall in line” regardless, he added. However, he pointed out that since the aim of transitioning to EVs is to reduce emissions, it is important to look at the entire lifecycle emissions produced by the vehicles.
SMU's Lee Kong Chian School of Business (LKCSB) placed first in Asia in the newly released 2025 Quacquarelli Symonds (QS) Masters in Finance Rankings. Amongst Masters in Finance programmes worldwide, SMU's Master of Science in Wealth Management secured the top spot, where it ranked first globally for the measure of Value-for-money and second for Thought leadership. In a related ranking by QS, the SMU Master of Business Administration (MBA) programme set a new record by placing 5th in Asia, advancing a spot from last year.
According to the research findings of the Singapore Index of Inflation Expectations (SInDEx) survey jointly released by DBS Group and the SMU Sim Kee Boon Institute for Financial Economics (SKBI), the one-year-Ahead Inflation expectations fell to 4.0% in March 2024 from 4.2% in December 2023. The survey notes that in spite of uncertain geopolitical and socio-economic climates, the increasing demand for travel, food and beverage and accommodation might have met with a commensurate increase in supply, which led to mostly flattening of inflation expectations across the board.
Commenting on people putting their money in a savings account, SMU Assistant Professor of Finance (Education) and Director of the Citi Foundation-SMU Financial Literacy Programme for Young Adults Aurobindo Ghosh said, “Saving early is a very good habit but saving and putting everything in a savings account might not be a very good habit. He reckons people should set aside three to six months of income as emergency savings.
In a commentary, SMU Associate Professor of Strategy & Entrepreneurship (Education) Kenneth Goh, who is Secretary-General of Singapore Aquatics and a former national record holder in swimming, discussed how training for the Olympics exacts a steep price from young athletes. He noted that while financial and public support for athletes to see through their training may have increased since Joseph Schooling’s early years, there is room to do more.
Sharing his views on the possible reasons for the disruption of Singapore Airlines flights to three Chinese cities, SMU Assistant Professor of Strategy & Entrepreneurship (Education) Terence Fan said that scheduled air passenger traffic in and out of China comes with more constraints compared to that of many other countries. He said that airlines in the United States have not been able to reinstate their pre-pandemic capacities as they had wished and have had to adjust to new restrictions.
Commenting on bank lenders making aggressive increases to the interest rates on their savings accounts and fixed deposits but now lowering them, SMU Director of the Citi-SMU Financial Literacy Program for Young Adults and Assistant Professor of Finance (Education) Aurobindo Ghosh explained how high interest rates, while good for savers, typically slow down economic activities as borrowing for these business and industrial activities also becomes more costly.
The Financial Inclusion Hackathon (FInHack), a collaborative effort led by SMU's Sim Kee Boon Institute for Financial Economics (SKBI) through its Financial Literacy (FinLIT) Programme, is supported by Evergreen GH Pte Ltd. It addresses national challenges identified by the MoneySense programme, co-led by the Monetary Authority of Singapore and the Ministry of Manpower, along with other public and private agencies.
SMU participated in Economist Impact’s 3rd Sustainability Week Asia conference in Bangkok held from 11 to 13 March. It attracted leaders from the business sector, government, scientific and environmental experts, as well as representatives from international organisations and NGOs worldwide, with over 1000 participants. The University contributed experts who spoke on several plenary sessions.
Commenting on the disappearance of MH370 that happened 10 years ago, SMU Assistant Professor of Strategy & Entrepreneurship (Education) Terence Fan discussed the possible theories which could explain the plane’s disappearance as well as the search operations which have now been called off.
