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Day: May 27, 2024
Singapore Prize Winners Announced
When it comes to winning a gold medal at the Olympics, few athletes do it better than athletes from Singapore. That’s because the city-state offers its winners a much larger bonus than most countries, offering up to a six-figure payout for a single victory. Despite the higher bonuses, Singapore still lags behind many of its rivals in terms of overall Olympic medal count. The country’s athletes have won just a handful of golds and silvers in the history of the Games. Athletes from the United States, on the other hand, have won over 100 gold medals and more than 300 silver medals, which is roughly triple the number of Singaporean medalists. The 2024 Morningstar Awards for Investing Excellence – Singapore recognise funds and managers that have performed consistently well over the long term, and which have delivered strong risk-adjusted returns. The awards are based on Morningstar’s extensive global research into a wide range of investment funds and managers, as well as its own independent fund manager research. The winners were announced on Friday (May 18) at a ceremony in Singapore. This year’s winner was the Singapore International Violin Competition, which saw violinists Dmytro Udovychenko, Anna Agafia Egholm, and Angela Sin Ying Chan win USD $110,000 each in prize money and multiple concert engagements. The Singapore International Violin Competition is a biannual event organised by the Yong Siew Toh Conservatory of Music in Singapore. The winners were selected by a panel of judges comprising Qian Zhou, Martin Beaver, and a jury of international experts including Martin T:son Engstroem, Lee Kyung Sun, Mihaela Martin, Joel Smirnoff, and Tsu Vera Weiling. Britain’s Prince William walked the “green carpet” in Singapore on Tuesday to unveil the winners of the inaugural Earthshot Prize, a prize that his foundation launched last year in partnership with Temasek and GenZero. The five winners — Accion Andina, GRST, WildAid Marine Program, S4S Technologies, and Boomitra — were honoured for their innovations in environmental solutions from the fields of water pollution, climate change, food waste, and ocean revival. The prince said that these ideas demonstrated “that hope does remain,” despite the overwhelming challenges faced by humanity. The heir to the British throne was joined by celebrities including Oscar-winner Cate Blanchett, actors Donnie Yen and Lana Condor, and Australian wildlife conservationist Robert Irwin at the ceremony at Mediacorp Campus. The prince said he was inspired by the solutions that the five winners were working on to “bring about positive and lasting change in the world.” The winners also received a medal and up to $1,000 cash prize. They will also be able to access the Temasek Earthshot Network. The network will connect them with industry leaders and support their continued efforts to make the world a more sustainable place.