Department of Economics

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Our graduates have distinguished themselves in many fields.

Among the distinguished alumni are Mr Goh Chok Tong, Senior Minister; Dr Goh Keng Swee, former Deputy Prime Minister; Mr S. Dhanabalan, former Cabinet Minister, Chairman of the DBS Group; Mr Ngiam Tong Dow, Chairman, HDB Corporation and a former Permanent Secretary; Professor Lim Chong Yah, Emeritus Professor, NUS, Professor of Economics, Nanyang Technological University and founding Chairman, National Wages Council; Mr Wong Nang Jang, Director, OCBC Group; Mr Lim Chin Beng, Chairman, Valuair and former Managing Director of Singapore Airlines; Mr Chandra Das, Chairman, NTUC Fairprice; Mr Ho Kwon Ping, Chairman, Wah Chang Group and Chairman, Singapore Management University; Mr Niam Chiang Meng, CEO of the Housing & Development Board; and Mr Paul Beh Jit Han, President, Asia Pacific of Reed Exhibitions.

A most significant alumnus of the department (first class honours 1964) is Mr Goh Chok Tong. Recently he gave a speech at the NUS Centennial Dinner on 2 July 2005. Alumni should be proud of coming from the Department of Economics and in his speech, he highlighted the need to focus on NUS alumni becoming national leaders like himself.

Another distinguished alumnus of the department is Professor Basant Kapur (first class honours 1970). As NUS has recently regained use of its Bukit Timah campus, Professor Kapur writes about his days at that campus; reproduced courtesy of REUNION, FASS Alumni Newsletter. Like Mr Goh, he also hails from Raffles Institution and currently teaches economic theory in the Department. He served as Head of the Department after the retirement of Professor Lim Chong Yah from NUS in 1992.

Another distinguished alumnus of the department, is Mr Ngiam Tong Dow (first class honours 1959), whose entire career was in the Singapore Civil Service where he was Permanent Secretary from the age of 33 until he retired a few years ago. In October 2004, he talked on "Education and Growth" in the inaugural Faculty of Arts & Social Sciences (FASS) Alumni Lecture Series. His views on education in Singapore are perceptive and all the more pungent, as he was involved in policy decision-making for many decades. Mr Ngiam is currently also a Pro-Chancellor of NUS besides being Chairman of Surbana Corporation Pte Ltd.