China’s Ministry of Education is tightening legislation on Sino-foreign joint programmes and has revoked the approval of 246 existing programmes and institutions in a bid to better regulate joint ventures, which have increased dramatically over the last decade.
After the Vietnamese government passed sweeping regulations to clean up the education agency industry at the beginning of 2013, the first cohort of agents has undergone the certification course necessary to continue operating. But one education agency has told The PIE News that the nearly US$25,000 required escrow account is exorbitant in a Vietnamese context.
A new English language teaching company in India that is targeting Indian nationals who need to improve their language proficiency has been taken aback by the scale of demand and also the fact that overseas nationals in India are enrolling.
After 10 years of negotiations, a bilateral trade agreement between China and Australia will extend the number of Australia's private HE institutions featured on the Chinese government’s JSJ (Jiaoyu Shewai Jianguan Xinxi Wang) or "white list" of quasi-approved institutions.
Hong Kong’s Education Bureau has announced a HK$347,965,000 (US$44.86m) scholarship fund that will provide 100 students full tuition at ‘world renowned universities’ provided they return to work after graduating.
In more exciting acquisitional activity in the education agency space, Canada's Loyalist Group has reported it is set to acquire Uhak.com (Uhak), South Korea’s largest education agency, for CAN$8.1m, of which $5.3m will be paid in cash. Loyalist's CEO said the deal meant "a new dimension to Loyalist's vertical integration strategy".
A UK-wide campaign to send 5,000 UK students a year to India over the next five years has been announced by Greg Clark, UK Minister for Universities, Science and Cities, while visiting Delhi last week for the Federation of Indian Chambers of Commerce & Industry HE summit.