On 23 May 2007, UNSW Asia Singapore campus announced its planned closure on 28 June 2007, at the end of the first semester due to financial issues and lower than expected student numbers. As a result of the sudden closure, rifts within the UNSW management were publicised, and accusations were exchanged between the University and the Economic Development Board. Questions were raised over the Economic Development Board's role in bringing in potentially over-ambitious business plans. The Singapore government's total loans to the university amounting to S$32 million was also revealed.
Announcement on Closure
UNSW announced its closure on 23 May 2007. It was reported that the... Read More