The car park whisperer

In space-constrained Singapore where the ratio of cars to citizens is roughly 1 to 10, finding parking lots can be a time-consuming exercise for motorists who have to spend time searching for available spaces or queuing outside car park entrances.

But Neil Mehta (MBA 2015) believes his SurePark parking platform can solve the problem. SurePark involves palm-sized sensors that are placed on the ground of every lot detect the presence of vehicles.  These sensors feed data into the software platform to generate reports on the availability of the car park spaces.

Neil Mehta (middle) with his engineers and car sensors

Neil Mehta (middle) with his engineers and car sensors

Users can then access the information via the SurePark app, which also serves as a navigational guide to lead the motorist to the exact vacant slot. The app is also able to suggest alternative parking spaces in nearby car parks when the destination’s car park is full.

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Alumni Quek Siu Rui and Chan Yiwen make it to the “Forbes 30 Under 30” list

It was an illustrious list, a coming-of-age list: We congratulate Alumni Quek Siu Rui (BBA 2012) and Chan Yiwen (BBA 2014) on being included in the “Forbes 30 under 30” Asia list. The list highlights 300 of the top young leaders, entrepreneurs and influential figures from 10 different sectors in Asia. Well done!

We spoke to Siu Rui who was nominated under the “Consumer Tech” category.

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From left: The Carousell trio: Marcus, Lucas and Siu Rui.

Siu Rui was nominated for his app Carousell which he co-founded with classmates Lucas Ngoo and Marcus Tan. Carousell is a community marketplace that lets users buy and sell everything from fashion, beauty products, furniture, art, books, branded goods, cars, bikes, antiques to houses.

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NUS Business School’s 50th Anniversary celebrations culminate in Leadership Forum and Gala Dinner

311_20151028_NUSBusinessSch_LdrshipForum_ZAIn a speech at NUS Business School’s Gala Dinner to celebrate its 50th Anniversary, Deputy Prime Minister Tharman Shanmugaratnam spoke about the need for Singapore to create an innovative economy and society.

Mr Shanmugaratnam, who is also Coordinating Minister for Economic and Social Policies, spoke about how creativity and innovation can help Singapore earn its place in a constantly changing world.

Some 500 industry leaders, alumni and faculty came together on 28 October as NUS Business School celebrated the finale of its Golden Jubilee at the Leadership Forum & Gala Dinner.

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Paying it forward, with music

Liang Zhu Maestro He

It was a wonderful night of music and friendships at the Liang Zhu Charity Concert held on Sunday 4 October at the Singapore Conference Hall, which also raised substantial funds for students who are facing financial hardship.

It brought together talents from China and Singapore to make music together. Maestro He Zhanhao, one of China’s most acclaimed composers, led a 70-strong youth orchestra from the Singapore-based Chinese Music Academy. He personally conducted his popular “Liang Zhu” or “Butterfly Lovers” violin concerto, which is one of the most recognisable pieces of Chinese music worldwide.

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Never look back

In front of office 1Entrepreneurship is not about wealth, freedom or prestige. There is only one reason to become an entrepreneur: the passion to run one’s own business, according to Kelvin Teo (BAC Hons 2010), Director, Funding Societies.

“You need to be 100 percent sure why you are venturing out. And you believe that you’re better off failing in a start-up than succeeding in a MNC. Then do it and never look back,” he said.

Kelvin left his consulting job at a multinational firm and early this year, he co-founded Funding Societies, a peer-to-peer marketplace for SMEs to secure loans for growth.

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NUS Business School celebrates Golden Jubilee milestone at Homecoming event

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Several hundred NUS Business School alumni, students, faculty and staff came together on Friday 4 September to celebrate the 50th anniversary of the nation’s first and most established provider of business education.

Held at the School’s Mochtar Riady Building, six Masterclasses helmed by the School’s distinguished professors were organised exclusively for the Homecoming, to provide participants with insights into various global developments. Topics included the impact of high cost of car ownership, retirement planning, philanthropy, corporate governance, energy conservation with children and conducting business in China.

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Farming start-up brings innovation to rural China

An innovative agricultural business formed by six NUS EMBA alumni in southwest China aims to change the face of Chinese farming and improve the lives of rural communities.

The company, Vicfarm Manufacture Association (VMA), was founded by a group of businessmen who studied in the APEX-C MBA programme.

Although they are from a variety of backgrounds ranging from real estate to IT, they feel they have a common dream they can realise.

They believe they can create jobs for farmers in rural areas, so that these places would no longer just be populated by the elderly and the very young, as farmers are forced to seek jobs in cities.

 

 

Creating a start-up out of a plastic bag

Wateroam CEO David Pong at a relief mission

Wateroam CEO David Pong at a relief mission

Imagine having a plastic bag that weighs a mere 300 grams and serves an important source of drinkable water at disaster zones?

A Singapore start-up called Wateroam has done exactly that, coming up with Fieldtrate Lite. The product uses a novel ceramic-based membrane that resembles a floor tile to filter out dirt and bacteria.

It is affordable too, according to CEO David Pong who is a BBA alumnus. “It costs about half of comparable products that are in the market.”

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Scholarship ignites young CEO’s potential

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Ivy Tse Wing Man (top row, centre) with Halogen Foundation Singapore staff

For Business School alumnus Ivy Tse Wing Man (’11), receiving the Lee Kong Chian Global Merit Scholarship as an undergraduate opened up a world of opportunities and gave her the freedom to discover the passion that would shape her future career choice.

The Scholarship – established from gifts from the Lee Foundation and awarded to individuals who demonstrate academic excellence, all-roundness and leadership qualities – gave Ivy the opportunity to throw herself into the many activities on offer at NUS outside the academic programmes.

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Commencement 2015: Advice from Singapore’s business leaders

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More than 1000 students from the Doctorate, Masters and Bachelor cohorts graduated from our Business School yesterday.

Some are already employed or have secured jobs before graduation, but many will be looking to join the workforce in Singapore.

Many of them might not be sure what to expect as they begin a new phase in their lives.

Fortunately, they have two influential business leaders, who were at the Commencement ceremony as guest speakers, to give advice to the graduates.

So Outside-In listened to the two – Loh Chin Hua, CEO of Keppel Corporation, and Chua Sock Koong, group CEO of Singtel – and present here the highlights from their speeches.

And what is the best part about these commencement speeches? The advice is relevant even for those who are not in gowns and mortarboards.

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