Wednesday, December 7th, 2005
Study Analyses Overseas Student’s Spending Habits
Korean Universities May be Listed in the Stock Market
Japanese Language in CBSE Curriculum
LET’S GO CANADA – Study Analyses Overseas Student’s Spending Habits
A study carried out by the University of Queensland Social Research Centre throws new light on international students’ spending habits. The study was conducted by the University for the Department of Education, Science and Training’s Australian Education International.
The study reveals that overseas students contributed AUS $ 109 million (CAD $ 94.6 million) a week to the domestic economy apart from the money they provided towards tuition fees. Also, their spending exceeded income in most cases. The biggest outlays were on housing at $122 (CAD $ 106) a week, food and groceries ($129 a week or CAD $ 112) and telephone ($35 or CAD $ 30 a week).
Though 3186 odd students covered in the survey were mostly in higher education, the survey also covers students in vocational education, secondary schools and English language colleges. The study has also revealed that students intending to migrate to Australia were most likely to originate from India (41 per cent), followed by Britain (34 per cent) and China (29 per cent). Students from Japan, North America and Canada were most likely to say they had no intention to migrate.
Source: “http://www.theaustralian.com.au/common/story_page/0,5744,17407358%255E12332,00.html,” The Australian, November 30, 2005
ABROAD PERSPECTIVE – Korean Universities May be Listed in the Stock Market
The Korean government is planning to allow universities to raise funds by publicly offering shares in the stock market. Countries such as the United Kingdom, Australia and China have allowed their universities to be listed. Japan has also joined the group by partially endorsing a bill to boost its higher education industry.
A section of Korea’s academic community feel that the government can improve the quality of local universities by permitting them raise funds by offering their shares on the stock market.
Source: “http://www.koreatimes.co.kr/www/index.asp,” The Korea Times, December 2, 2005
OVER THE COUNTER – Japanese Language in CBSE Curriculum
Japanese language courses will be introduced in India’s Central Board of Secondary Education (CBSE) curriculum from 2006-07. An agreement between the Indian and Japanese governments has lead to this move. The language will first be introduced in Classes VI and then in higher classes. Courseware is being developed in collaboration with experts from the Japanese Foundation. Other foreign languages offered by the CBSE curriculum include French, Spanish, German, Russian, Persian, Portuguese, French and Tibetan with French being the most popular.
source: “http://articles.timesofindia.indiatimes.com/2005-11-28/delhi/27833197_1_cbse-g-balasubramanium-board-of-secondary-education,” The Times of India, November 28, 2005
GLOBE TIPPING – Mosquito Alert!
When traveling to Bangladesh, be advised about the malaria situation in the country. There is high incidence of malaria and dengue fever in Bangladesh. According to the World Health Organisation (WHO), 88% of the 132 million population is at risk of malaria. While malaria is restricted to specific rural areas (such as the Chittagong Hill Tracts) it would be a good idea to get appropriate medical advice and inoculation before traveling. The best way to avoid mosquito bites is to cover up and use mosquito repellants at all times.
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