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Grants Explained: Your Guide to SIM’s Financial Support
At SIM, financial assistance is designed to be inclusive and responsive, offering a mix of grants for those in need and scholarships for high achievers. This article breaks down SIM’s grant options, explains how they differ from scholarships, and guides you through the application process.
Why Grants Matter
Grants are not loans, they never require repayment, making them a vital tool for educational access. For students from low-income families or those facing sudden hardship, grants can mean the difference between continuing studies and dropping out. Unlike scholarships, which reward merit, grants focus on equity and inclusivity, ensuring financial challenges don’t block opportunity.
They also provide quick relief during crises such as job loss or medical emergencies, offering flexibility that scholarships often lack. Ultimately, grants empower students to learn without the burden of debt, reflecting SIM’s commitment to fairness and social mobility.
SIM’s Key Grant Options
SIM offers a range of financial aid programs designed to support students through different circumstances. The Enhanced Financial Aid Grant is one of the most significant initiatives, providing up to S$13,500 annually for Singapore Citizens and S$6,000 for Permanent Residents. Eligibility is determined by Per Capita Income (PCI) tiers, ensuring that assistance reaches families who need it most. This grant is ideal for students from low-income households enrolled in SIM Global Education programs.
For students facing sudden financial hardship such as job loss, medical emergencies, or unexpected family crises, the SIM GE Crisis Fund provides timely relief. This emergency grant offers up to S$5,000 per student, with applications processed quarterly to ensure quick disbursement. The fund is designed to help students stay on track academically during unforeseen challenges without the added stress of financial instability.
In addition to these targeted grants, SIM introduced the SIM Impact Fund in 2024, a bold initiative backed by a S$60 million budget. This fund aims to benefit students annually through bursaries, scholarships, and experiential learning opportunities such as overseas exchanges and internships. By combining financial support with career development, the Impact Fund reflects SIM’s commitment to holistic student success.
Grants vs Scholarships: At a Glance
Grants and scholarships serve different purposes in SIM’s financial aid ecosystem. Grants are primarily need-based, awarded to students who face financial challenges, and they never require repayment. Applications for grants are accepted year-round, offering flexibility for those who need immediate assistance. In contrast, scholarships are merit-based, recognizing academic excellence, leadership, or talent in areas such as sports and the arts. Like grants, scholarships do not require repayment, but they follow fixed application windows and are highly competitive.
How to Apply
Applying for SIM’s financial aid is a straightforward process managed through SIMConnect, the official student portal. Students can submit applications for grants and bursaries during any of the four quarterly cycles (March, June, September, and December) giving flexibility throughout the academic year. To ensure eligibility, applicants must prepare supporting documents such as proof of household income (e.g., CPF statements, Notice of Assessment, or payslips) and evidence of financial hardship for emergency grants. The process is designed to be transparent and efficient, with clear guidelines available online.
Final Thought
SIM’s financial support ecosystem is more than a set of programs, it’s a commitment to educational equity. By balancing need-based grants with merit-based scholarships, SIM ensures that financial circumstances never become a barrier to learning. Grants provide immediate relief for students in crisis and sustained assistance for those from low-income families, while scholarships celebrate academic excellence and talent. Together, these initiatives reflect SIM’s belief that every student deserves the opportunity to succeed, regardless of background. Whether you’re navigating unexpected financial challenges or striving for recognition through achievement, SIM offers a clear path forward because no student should be left behind.
References:
- Bursaries & Financial Aid (Enhanced) – https://www.sim.edu.sg/degrees-diplomas/admissions/bursaries-and-financial-aids
- SIM GE Crisis Fund – https://www.sim.edu.sg/degrees-diplomas/admissions/bursaries-and-financial-aids/sim-ge-crisis-fund
- SIM students from lower-income families to get financial aid with new $60m school fund – https://www.straitstimes.com/singapore/sim-students-from-lower-income-families-get-financial-help-with-new-60m-school-fund
Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
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VinFast Officially Enters Indonesia’s E-Scooter Market, Partners with Strategic Dealers
Accordingly, VinFast has signed strategic MoUs with its first partners in Indonesia, including K3, Citra Abadi Sedaya, PT Bevos Auto Mandiri, PT Sapta Jaya, MotorArt, PT Sinergies Dua Kawan, and PT HINU. These partners have long-standing experience in the distribution of automobiles and motorcycles, strong professional operational capabilities, deep market understanding, and the ability to rapidly deploy operations in line with VinFast’s standards.
VinFast will begin rolling out its distribution network in the Jabodetabek area — Indonesia’s largest economic and urban center — from the second quarter of 2026, with plans to expand to other regions nationwide.
In Indonesia, VinFast plans to introduce a portfolio of battery-swapping e-scooters, including VinFast Evo, VinFast Feliz II, VinFast Flazz and VinFast Viper, alongside additional new models to be launched in due course. The product lineup has been carefully engineered and calibrated to suit Indonesia’s tropical climate, dense urban traffic conditions, and everyday commuting patterns.
Throughout 2026, VinFast aims to further expand its footprint to hundreds of authorized dealerships and service workshops nationwide. The Company’s development strategy in Indonesia is designed as an integrated ecosystem, combining retail and after-sales networks, financing solutions, charging and battery-swapping infrastructure through cooperation with V-Green, and partnerships with leading financial institutions.
Prior to this announcement, VinFast had unveiled its strategy to internationalize its electric two-wheeler business and signed agreements with dealers in the Philippines. According to its roadmap, the Company will accelerate expansion across five priority markets in 2026, namely the Philippines, Indonesia, India, Thailand, and Malaysia. These countries represent high-growth economies with substantial urban mobility demand and a clear transition toward sustainable transportation solutions.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, stated: “Indonesia is a strategic market in VinFast’s global e-scooter expansion journey. Partnering with leading local dealers underscores our partners’ confidence in VinFast’s product quality, service standards, flexible battery-swapping model, and long-term vision. We are committed to accompanying Indonesian consumers on their transition toward a greener, smarter, and more sustainable future of mobility.”
Indonesia stands among the world’s largest motorcycle markets, characterized by rapid urbanization, high population density in major cities, and increasing policy and consumer momentum toward environmentally friendly transportation. These structural factors create substantial headroom for the growth of the e-scooter segment. Indonesian dealers have expressed strong confidence in VinFast’s long-term potential in the country, citing its comprehensive green mobility ecosystem, large-scale manufacturing capabilities, and proven ability to execute swiftly across multiple international markets.
After two years of presence in Indonesia, VinFast has introduced a broad range of electric vehicles, from electric SUVs to models optimized for transportation services, and has commenced operations at its Subang facility. Concurrently, the Company has expanded its integrated ecosystem, including dealership and after-sales networks, charging infrastructure in collaboration with V-Green, and partnerships with leading banks and financial institutions. Through pioneering and customer-centric policies, VinFast continues to lower barriers to EV adoption and enable Indonesian consumers to participate in the global green mobility revolution.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
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Voicecomm Technology Wins 300 million RMB Major “AI+ Elderly Care” Project Forging a New Engine for the Silver Economy
According to report from iResearch, as the end of 2024, China’s population aged 60 and above has exceeded 310 million, accounting for 22.0% of the total population. As the first city-level AI elderly care project, this not only affirms Voicecomm Technology’s position in the “AI + Elderly Care” sector but also signals a new trend in government investment towards smart elderly care—shifting from infrastructure construction to pursuing effective operational services.
Mr. Sun Qi, Founder and Executive Director of Voicecomm Technology Co., Ltd., said: “China is accelerating into a phase of deep aging, and the needs of hundreds of millions of elderly people constitute a vast blue ocean. Faced with the challenges of an aging society today, we aim to leverage artificial intelligence technology to explore a new, scientifically-driven path for elderly care. The Neijiang project is our first demonstration project in the healthcare sector. Its core lies not in stacking hardware but in using AI as the engine to make elderly care services truly intelligent and smooth, thereby enhancing the quality of life and dignity of the elderly. We hope to build this project into a replicable model for more cities to learn from.”
This project is expected to become a powerful engine for activating the silver economy in Neijiang City. Guided by national Smart Elderly Care policies, the project is anticipated to drive an annual output value exceeding 1 billion RMB in the local elderly care service industry and create a large number of job opportunities. By establishing a unified smart health and elderly care service platform, the project will strive to build a “15-minute elderly care service circle,” achieving deep integration between technology and people’s livelihoods.
Since its establishment in 2005, Voicecomm Technology has been committed to the research and application of Conversational Artificial Intelligence and unified communications technologies. Its solutions cover multiple scenarios in fields such as city management and administration, automotive and transportation, telecommunications, finance, healthcare, and energy management. This successful bid once again unveils Voicecomm Technology’s commitment to promoting technological progress and social development.
Hashtag: #Voicecomm
The issuer is solely responsible for the content of this announcement.
Voicecomm Technology Co., Ltd.
Founded in 2005 and headquartered in Wuhan, Voicecomm Technology is one of the leading enterprises in the field of Conversational Artificial Intelligence (CoAI) listed on the Main Board of the Hong Kong Stock Exchange, and obtained the qualification as National-level “Little Giant” Enterprise and High-Tech Enterprise. Leveraging advanced unified communication technologies, core conversational AI technologies and self-developed product engines, we are capable of addressing diverse enterprise demand across “collaborative communication”, “intelligent decision-making”, and “efficient execution”, delivering a one-stop enterprise level intelligent interaction experience. Our solutions have been widely adopted in key industries including city management and administration, automotive and transportation, telecommunications, finance, healthcare, and energy management, empowering clients in digital transformation and business innovation.
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Pacific Century Premium Developments Limited announces annual results for the financial year ended December 31, 2025
2025 Annual Results – Financial Highlights
(Figures for the corresponding period in 2024 are shown in brackets)
- Consolidated revenue: HK$1,046million (HK$695million)
- Consolidated net loss attributable to equity holders of the Company:
HK$69 million (HK$230million)
- Basic loss per share: 3.38 HK cents (11.29 HK cents)
- No final dividend (No final dividend)
Pacific Century Premium Developments Limited (“PCPD”, SEHK: 00432) has announced its annual results for the year ended December 31, 2025.
The consolidated revenue of PCPD and its subsidiaries (together, the “Group”) amounted to HK$ 1,046 million, representing an increase of 51% compared to the revenue of HK$ 695 million in 2024.
The consolidated net loss attributable to equity holders of the Company for the year of 2025 was HK$ 69 million, compared to the net loss of HK$ 230 million in 2024.
Basic loss per share for 2025 was 3.38 Hong Kong cents compared to the loss per share of 11.29 Hong Kong cents for the previous year.
The Board of Directors has not recommended the payment of a final dividend for the year ended December 31, 2025.
In 2025, PCPD achieved robust full-year results, driven by the sustained surge in international travel across our key Asian markets, our operational strengths, and the continued recognition of our high-quality portfolio. This performance was underpinned predominantly by contributions from two segments: Park Hyatt Niseko, Hanazono, our hospitality business in Hokkaido, which delivered a notable rise in occupancy and revenue, and our ski and recreation operations in Niseko, Hokkaido, which also saw a surge in demand and revenue.
Park Hyatt Niseko, Hanazono, our hotel operations in Hokkaido, delivered a robust performance in 2025, as the boom in Japan‘s tourism sector continued throughout the year, again with record-breaking tourist arrivals. The average occupancy rate of Park Hyatt Niseko increased by 4 percentage points.
During the winter season of 2024/2025, total ski-lift and gondola rides increased 9% year-on-year. The travel surge continued to drive robust demand for our recreational business in Niseko well beyond the cold months.
In Phang Nga, Thailand, the Group has sold or reserved 40% of Phase 1A villas. The Group’s revenue from its property development in Thailand totalled HK$14 million for the year ended December 31, 2025, compared to no revenue in 2024.
We formed a strategic alliance with Hotel Properties Limited in Singapore to bring a Four Seasons Resort and Branded Residences to the prestigious integrated resort community of Aquella in Phang Nga. The move represents a significant milestone in PCPD‘s long-term vision of transforming Aquella into a visionary integrated resort destination that effortlessly blends luxury living, recreation and exceptional service.
In Jakarta, Indonesia, the occupancy of our premium commercial building, Pacific Century Place, Jakarta (“PCP Jakarta”), was stable throughout the year, and the project remained a consistent revenue contributor to the Group. As of December 31, 2025, the office space committed occupancy was 87%, compared to 85% in the previous year.
Development of the superstructure of the Group‘s project at 3–6 Glenealy, Central, Hong Kong, has been progressing well. We have reached a key structural milestone, with the superstructural work now completed and installation of the curtain walls progressing at pace. The name of the development has also been unveiled as “Central Residence by the Park”, and its completion is scheduled for the first half of 2026.
In the long run, we remain cautiously optimistic about the long-term outlook for property sectors in Hong Kong, Japan, Thailand and Indonesia. With PCPD‘s disciplined execution and proactive risk management, we have confidence in our ability to drive continued growth and deliver sustained value.
Mr. Benjamin Lam, PCPD’s Deputy Chairman and Group Managing Director, said: “We will maintain our prudent yet proactive approach, allocating resources carefully and pursuing value-enhancing initiatives. Our priority remains to drive sustainable growth, improve profitability, and deliver solid returns to shareholders and stakeholders.”
Hashtag: #PacificCenturyPremiumDevelopments
The issuer is solely responsible for the content of this announcement.
About PCPD
Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432) is principally engaged in the development and management of premium-grade property and infrastructure projects as well as premium-grade property investments. PCCW Limited (“PCCW”, SEHK: 00008) is the single largest shareholder of the Group.
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