The Economic Development Board?
But according to current reports [By Derrick A Paulo, TODAY | Posted: 24 May 2007 1005 hrs]"EDB assistant managing director Aw Kah Peng called the UNSW’s decision a “setback” and said: “In the end, decisions have to be made on what we both feel are our long-term interests.” She did not want to reveal how much EDB had invested so far in the project. "
When you google the story we get two links - one from Pearl Forss and one from Ashraf Safdar, but both link to articles written by Pearl Forss.
Students shocked by UNSW Singapore campus closure
Channel News Asia, Singapore - 18 hours ago
By Pearl Forss, Channel NewsAsia | Posted: 23 May 2007 2311 hrs.SINGAPORE: The decision to shut down the University of New South Wales (UNSW) Singapore ...
University of New South Wales (Asia) in Singapore shuts down
Channel News Asia, Singapore - 23 May 2007
By Ashraf Safdar, Channel NewsAsia | Posted: 23 May 2007 1715 hrs. But less than six months since classes started, the University of New South Wales (Asia) ...
However there are earlier versions.
UNSW (Asia) Changi campus
So the story copied here is allegedly the first reaction that CNA had on the issue. Whether or not Ashraf Safdar reported the figure of 'a quarter of a billion' in error is one possible reason for the story being pulled or possibly they are trying to suppress the fact that 'a quarter of a billion' was spent by the EDB.
SINGAPORE: It was supposed to be Singapore's first comprehensive foreign university.
But less than six months since classes started, the University of New South Wales (Asia) in Singapore has decided to shut its doors.
According to preliminary reports, this is because of low student enrolment.
The university had projected to get 800 students by August but it is not clear how many there are to date.
The closure comes despite the fact that an estimated quarter of a billion dollars had been spent on the school's new campus in Changi.
To ease the transition, students who are currently enrolled at UNSW Asia will be offered a place in an equivalent programme at UNSW Sydney. - CNA/ir
The university said this was a 'reputational issue' for Singapore and A*Star.
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