Media OutReach
PSB Academy launches S$2.1m Beyond60 initiative to fully fund education scholarships for 30 recipients selected through the Singapore Centre for Social Enterprise, raiSE, United Women Singapore, and Care Corner Singapore
Joint efforts to champion greater inclusivity and access to education including for youths at risk, workforce pursuing social causes and women pursuing Science, Technology, Engineering, and Mathematics (STEM) align with SG60’s theme of “Building Our Singapore Together”
SINGAPORE – Media OutReach Newswire – 15 May 2025 – PSB Academy (PSBA), Singapore’s leading private education institution (PEI), today announced its over S$2.1 million initiative as it spearheads advocacy for education to be inclusive, and to provide equal opportunities for all. This is in celebration of Singapore’s 60th birthday which focuses on shared values such as boldness, resilience, and openness to unite and progress against the odds over the past six decades. It embodies PSBA’s Beyond60 commitment, empowering individuals to look forward, craft their future, and truly “write your own next 60”.
Through the PSB Academy Beyond60 Scholarships initiative PSBA and its university partners will award full scholarships to up to 30 deserving recipients selected by the Singapore Centre for Social Enterprise, raiSE Ltd (raiSE), and United Women Singapore (UWS), and Care Corner Singapore. The scholarships will cover the course of their educational programme which may range from six months to four years, depending on the course selected.
The Scholarships for raiSE social enterprises aim to strategically strengthen capabilities of leaders within the sector, enabling a multiplier effect that deepens and scales the positive impact on the communities they empower. The partnership with UWS will provide young women from local polytechnics the opportunity to pursue higher education in STEM and/or other related disciplines. Similarly, the collaboration with Care Corner will support youths preparing for their N and O Levels, those in Nitec, and at-risk youths, helping them achieve their academic aspirations.
Scholarships will be awarded in multiple tranches for recipients to commence their courses from as early as second half of this year and as late as December 2026.
“PSB Academy, raiSE, UWS, and Care Corner are united by a single, common goal of providing equal opportunities for Singaporeans to progress. We will together identify well-deserving individuals to receive these scholarships, individuals who may otherwise not have the resources to pursue further education to develop their skills and capabilities. As Singapore continues to grow, we must ensure that prosperity extends to more members of the community. It is only when we progress together, that we truly succeed as a society,” said Derrick Chang, Chief Executive Officer, PSB Academy.
Recognising the significant growth in public awareness of social enterprises in Singapore (from 13% in 2010[1] to 72% by 2020[2]), raiSE aims to inspire a wider adoption of these impactful business models. Guided by the principle that good business delivers positive impact, empowering leaders is key. These scholarships strategically equip both new and experienced leaders with the essential expertise, strategic foresight, and valuable networks required for impactful development and sustainable expansion within Singapore’s social enterprise landscape.
“raiSE firmly believes that social enterprises represent the future of business. Partnering with PSB Academy on these scholarships is a strategic investment in the human capital driving this change. By enhancing the capabilities of the qualifying Social Enterprise founders, we are directly fueling their ability to build sustainable and impactful businesses that address critical social needs in Singapore,” said Alfie Othman, Chief Executive Officer, raiSE.
“Empowering young women in underrepresented fields like STEM is key to building an inclusive, progressive society. While progress has been made in Singapore, there’s more to do. That’s why partnerships like ours with PSB Academy are so important – we’re closing the gap by equipping young women with the tools, access, and confidence to thrive,” said Tan Ching Ne, President of United Women Singapore.
“Some young people take longer to discover their aspirations or may not thrive within conventional academic routes. This collaboration offers them a crucial second chance — an alternate pathway to pursue higher education and build a better future for themselves. At Care Corner, we believe that with the right support, every youth has the potential to thrive. We hope this scholarship will open doors for those who simply need an opportunity to catch up, keep going, and dream big.” said Christian Chao, Chief Executive Officer, Care Corner Singapore.
In 2023, around 17,000 youth[3], aged 15 to 24, in Singapore were not in school, work or training.
Later this year, PSBA will organise a celebration to officially recognise and award scholarships to the recipients.
All certifications and Diplomas offered by PSBA, as well as Bachelor’s and Master’s degrees by the Academy’s university partners are from the United Kingdom, Australia, and New Zealand. This includes Coventry University, University of Hertfordshire, Edinburgh Napier University, La Trobe University, the University of Newcastle Australia, Edith Cowan University, and Massey University.
Applications for scholarships through raiSE, UWS, and Care Corner are now open and will close 31 December 2025. Interested applicants are encouraged to contact raiSE, UWS, and Care Corner directly to learn more about eligibility requirements and the application process.
Building upon its legacy of 60 years of excellence, PSBA celebrated its Diamond Jubilee Anniversary last year by supporting over 2,000 adult learners in Singapore with more than S$3.5 million in Diamond Jubilee Education Grants for upskilling and reskilling.
In the coming months, PSBA will be hosting a series of public engagement activities to cultivate a more inclusive and accessible learning environment. These activations will invite all members of the public to participate in hands-on experiences across the various disciplines offered at the Academy. By fostering greater community involvement, the Academy aims to showcase the core values of accessibility and inclusivity that define it as Asia’s Future Academy. Further details regarding these activities will be provided in due course.
In April 2025, PSBA unveiled its third city campus in Singapore at The Cathay as well as inking an Memorandum of Understanding to offer industry-relevant programmes in collaboration with Coventry University and COSEM, a cooperative of Singapore Civil Defence Force (SCDF) to train more paramedicine professionals to address the nation’s ricing emergency call volumes and workforce shortages.
Hashtag: #PSBAcademy
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About PSB Academy
As one of Singapore’s leading private education institutions, PSB Academy proudly celebrated its 60th anniversary in 2024, marking a heritage of six decades dedicated to shaping more than 200,000 learners.
Established in 1964 under Singapore’s Economic Development Board, and later the Productivity and Standards Board, PSB Academy was founded to enhance the knowledge and skills of Singapore’s workforce. Our approach to education focuses on what truly matters: performance in the New Economy. We are dedicated to providing quality education that nurtures future-ready graduates equipped with the skills and tools necessary to thrive in a digitally-driven world.
PSB Academy campuses include three dynamic locations, with the newly added Cathay Campus at the iconic building of The Cathay at the buzzing Orchard Road, alongside its City Campus comprising the Main Wing and STEM Wing at Marina Square Shopping Mall. The learning spaces in the heart of the city connect students globally through a collaborative learning and networking environment that enables them to be agile innovators and contributors to society.
With a robust network of industry partners, PSB Academy ensures our students are well-prepared for the workforce. Today, we host over 20,000 students from more than 50 nationalities, offering a comprehensive slate of certificate, diploma, degree, and short courses.
As we commemorate this milestone, we remain dedicated to uncovering the diamonds within each learner, continuing our legacy of excellence and innovation for many more years to come.
About raiSE
The Singapore Centre for Social Enterprise, raiSE Ltd (“raiSE”) is the leading national body and ecosystem developer driving the growth and impact of Singapore’s vibrant Social Enterprise sector. Championing the belief that Social Enterprises represent the future of businesses, raiSE serves as a vital nexus, connecting diverse stakeholders across the ecosystem and empowering aspiring and established Social Enterprises by delivering a comprehensive suite of holistic support. This encompasses vital funding, tailored capacity building, expert mentorship, essential resources, and impactful networking platforms, ultimately fostering social innovation and accelerating the journey towards sustainable positive change in Singapore. For more information, please visit www.raise.sg
About United Women Singapore
United Women Singapore (UWS) is a local non-profit organisation that advances women’s empowerment and gender equality, and they build a pipeline of women leaders and influencers in Singapore. The organisation works towards narrowing the gender equality gap through education and raising awareness and advocacy on issues such as anti-violence and women’s empowerment, with the support of key stakeholders including corporate partners, government agencies, academia, the diplomatic community, nonprofits and community groups and the wider community.
Find out more at www.uws.org.sg
About Care Corner Singapore
Established in 1981, Care Corner is a non-profit organisation providing social and health care services to build hope and promote well-being for those in need. With more than 45 service points across Singapore, we help children with special learning needs or from disadvantaged backgrounds, youths at risk, troubled families, vulnerable seniors, and individuals with counselling and mental health needs. Woven into the fabric of our community, we aim to provide a holistic continuum of care to the marginalised across their life stages and major transitions.
Learn more at www.carecorner.org.sg
Starting university is an exciting milestone, but it also comes with new expectations, from independent learning to navigating a new social environment. With early access to academic support, peer networks and wellbeing resources, SIM GE aims to ensure that students do not have to navigate this transition alone.
A “First 30 Days” Guide for New Students
To help students hit the ground running, the guide focuses on four key pillars: administration, academics, community and wellbeing, offering a clear roadmap for a confident and well-rounded start to university life.
Getting setup from Day One
The first week is all about laying the groundwork. Students are encouraged to attend orientation, activate essential academic systems and familiarise themselves with campus resources that will support their journey ahead. For international students arriving in Singapore, SIM GE provides dedicated onboarding through its International Student Office (ISO). From pre-departure preparation and Student’s Pass guidance to accommodation support and buddy programmes, students are guided every step of the way. Welcome receptions and orientation activities also offer early opportunities to build connections, helping students feel at home even before classes begin.
Establishing academic habits early
As classes begin, students quickly discover that understanding expectations early can make all the difference. The guide encourages students to review module outlines, plan ahead for assessments and actively seek support when needed. SIM GE offers a range of academic resources, including workshops and consultations focused on writing, research, presentations and effective study strategies. These resources are designed not just to support learning, but to help students develop the confidence and skills needed to thrive in a university environment.
Finding community beyond the classroom
Unversity life extends far beyond lectures. In their first month, students are encouraged to explore co-curricular activities (CCAs), student clubs and peer networks that enrich their overall experience. Programmes such as student ambassador initiatives and peer mentoring provide valuable opportunities for students to learn from seniors, gain practical insights and form meaningful friendships. By getting involved early, students can build a strong sense of belonging and become part of a vibrant campus community.
Prioritising wellbeing during the transition
Adjusting to university life can be both exciting and challenging. Recognising this, SIM GE places strong emphasis on student wellbeing, providing access to counselling and wellness services that support mental health and personal development. These services help students manage academic pressures, build resilience and maintain balance, ensuring they are well equipped to navigate both the highs and challenges of university life.
Supporting students every step of the way
SIM Global Education believes that a strong start can make a lasting difference. By encouraging students to actively engage with academic resources, peer support and wellbeing services from the outset, the institution aims to create an environment where students can grow with confidence, both academically and personally.
References:
- SIM – International Students Onboarding – https://www.sim.edu.sg/degrees-diplomas/admissions/international-students-onboarding
- SIM Global Education – International Student Office – https://regional.simge.edu.sg/en/international-student-office/
- SIM GE – International student support and buddy programmes – https://regional.simge.edu.sg/en/navigating-the-transition-to-studying-abroad/
- SIM GE CCA – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/co-curricular-activities
- SIM GE Student Ambassadors – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-ambassadors
- SIM Student Care – https://www.sim.edu.sg/degrees-diplomas/life-at-sim/student-care
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 17,000 full- and part-time students and adult learners, of which approximately 41% 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 www.sim.edu.sg.
Media OutReach
XEV Dismantles the Dealership Model: New “Hardware + Service” Ecosystem Separates Vehicle Cost from Power and Slashes EV Entry Prices in Europe
Decoupling the Battery from the Price Tag
For decades, the battery has been the most expensive single component of an electric car. It is also the component most likely to depreciate. XEV’s innovative business model fundamentally alters this equation by separating the vehicle (hardware) from the battery (service).
Customers purchase the car but lease the energy capacity. This strategy significantly lowers the initial purchase price. It makes premium urban mobility accessible to a broader demographic. This ranges from young professionals seeking their first vehicle to fleet operators managing tight margins.
“We are not just manufacturing cars. We are redefining vehicle ownership,” says the XEV leadership team. “Our goal is to make car production as flexible as smartphone manufacturing. We give users exactly what they need for city living without the financial weight of traditional ownership.”
3 Minutes to Full Power: Solving the Charging Crisis
Range anxiety remains a critical hurdle for European EVs. This is particularly true for drivers without private home charging infrastructure. XEV addresses this with its proprietary battery swapping network.
The XEV YOYO and the upcoming XEV XPRESSION are engineered with a modular battery system. Instead of waiting hours at a charging point, drivers pull into a dedicated station. They complete a fully automated battery replacement in approximately three minutes.
This “SWAPPING” technology does more than save time. It improves operational efficiency for commercial users and ensures the vehicle is immune to battery degradation. Since the driver does not own the battery, they never have to worry about the cell’s lifespan affecting the car’s resale value. This creates a “Zero Usage Anxiety” experience for the owner.
Data-Driven Customization: The End of “One Size Fits All”
The XEV lineup is purpose-built for the narrow streets and high congestion of European cities. With a compact footprint of roughly 2.5 meters, the YOYO navigates historic city centers with ease. However, small size does not mean limited options.
Unlike legacy automakers that push stock inventory, XEV utilizes a data-driven C2M model. Users configure their vehicles via an online platform. They select distinct exterior colors, interior materials, wheel designs, and specific features. This user input triggers a flexible production process that creates a customizable car tailored to specific tastes. XEV uses the massive data generated from these customization choices to refine future designs and forecast market trends with precision.
Commercial Application: Powering the Last-Mile Economy
The flexibility of the XEV platform extends well beyond personal commuting. It is designed to serve the booming last-mile economy. The platform supports last-mile delivery vehicles and shared mobility fleets.
XEV provides specialized enclosed cargo options for logistics companies. The vehicle can even be customized for small business applications, such as mobile coffee carts or retail trucks. For small business owners, the vehicle serves as a mobile asset that can be configured for specific trades, effectively lowering the barrier to entry for entrepreneurs.
XEV has already initiated pilot projects with major European logistics firms to prove the model’s viability for high-frequency urban commuting and commercial delivery. For car-sharing services, the high utilization rates and low maintenance needs of the YOYO make it an ideal asset for time-based rental fleets. The modular design further supports this eco-friendly lifecycle by facilitating easy repair and part upgrades. This extends the product lifespan and reduces waste compared to traditional vehicles that are often scrapped when a single major system fails.
A Strategic Supply Chain for a New Era
XEV achieves this level of flexibility through a strategic manufacturing model. The company adopts a capital-light approach that relies on deep collaboration with mature Asian automotive supply chains. This ensures rigorous quality control and cost efficiency without the bloating of traditional manufacturing.
Simultaneously, XEV is committed to European localization. The company is currently establishing assembly hubs and battery swapping networks across Europe to better serve local demand. This dual approach allows XEV to combine global manufacturing power with local market responsiveness. It ensures that while the technology is global, the support and infrastructure are local.
Availability
Sales and deliveries of the XEV YOYO have commenced in selected European markets, including Italy and Germany. The company continues to expand its infrastructure to support the growing network of users who demand a smarter and cleaner way to move through their cities.
For more information on the YOYO and the battery-swapping network, visit https://www.xev-global.com/yoyo or explore the upcoming XPRESSION model at https://www.xev-global.com/xpression.
Hashtag: #XEV
The issuer is solely responsible for the content of this announcement.
About XEV
XEV is an innovative electric vehicle company committed to transforming the way cars are designed, built, and owned. Through its direct-to-consumer (DTC) online customization platform and a flexible production system, XEV integrates personalized user demand with modular smart manufacturing. The company’s mission is to make electric vehicles accessible and lifestyle-aligned for everyone. It drives the transition toward sustainable and personalized mobility. XEV positions itself not just as a manufacturer but as a global leader in urban electric mobility solutions.
LUX, the iconic global beauty brand, knows true radiance is about how you show up. That effortless “it girl” energy starts with posture. That’s why the brand is launching LUX Chin Up—a digital tool designed to tackle “Text Neck” and help women keep their heads high and their bold beauty even higher.
“LUX always inspires women to boost their presence and own their beauty power,” said Gaurav Datta, Global Brand VP. “Our phones are amazing for self-expression, but there’s a catch. They elevate our digital selves but often shrink our real-world presence. That constant downward scroll quietly chips away at posture, poise, and bold beauty. With ‘Chin Up,’ we’re offering a simple way for women to realign, lift up, and step back into their power.”
LUX offers a brilliantly simple, tech-forward solution without the need for complicated downloads. LUX Chin Up is a smart webpage that taps into your phone’s motion sensors. Used with the split-screen option, it stays on screen as a small tab, reminding you of the right angle to maintain while you doomscroll.
- The Sweet Spot: The tool encourages keeping your screen at an optimal 90-degree angle.
- The Gentle Nudge: If you start to slouch and the angle drops, the sensor detects it and the screen blinks, prompting you to raise your phone.
- The Reset: Straighten up, bring your phone back up, and carry on scrolling with boldness.
LUX believes this can be an essential modern-day beauty ritual that extends beyond the shower. By habituating women to hold the right posture, LUX naturally lifts their chins and opens their posture, instantly restoring a vibrant, room-commanding presence. It’s a small shift that brings Main Character Beauty to life, both on screen and off.
Make LUX Chin Up a habit, try it for a week, and improve your posture. Visit lux.com/chinup
Hashtag: #LUX
The issuer is solely responsible for the content of this announcement.
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