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  1. #392
    Regular Member Loh's Avatar
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    Default 'Why we stayed home'

    The Straits Times
    Oct 20, 2009

    By Zakir Hussain

    SRI Temasek is the official residence of the Prime Minister and when Mr Lee Kuan Yew assumed the post 50 years ago, he and his wife took their three young children there to play.

    The bungalow in the Istana is on high ground, and the ball their sons and daughter were playing with rolled down the slope.

    'The butler ran 50 or 60 yards to pick up the ball and bring it back,' recalled the Minister Mentor last night.

    'My wife and I watched that and said, 'No, no, if we stay here for five years, my children will grow up believing that life is like that, that somebody will always pick up balls for them,' he said. 'So we stayed at home (in Oxley Road) and I think that's been good for them.'

    Mr Lee related this anecdote at a university forum, to show how he and Mrs Lee made sure their children grew up self-reliant.

    However, his grandchildren were growing up much more comfortably, MM said. 'That is the problem we face today' - many parents understand what it is to be poor, but their children do not, he added.

    MM Lee and family at the Istana in earlier days. -- SOURCE: LEE KUAN YEW
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  2. #393
    Regular Member Loh's Avatar
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    Default Social divide 'inevitable'

    The Straits Times
    Oct 20, 2009

    Global competition cuts wages at the bottom but boosts those at the top

    By Jeremy Au Yong

    HAVING a minimum wage in place here to narrow the income gap could do more harm than good, Minister Mentor Lee Kuan Yew said last night.

    In fact, every country that has set a minimum wage over what the market will bear has found that the move cuts jobs, he noted. Employers who are forced to deal with higher staff costs would simply find ways to hire less people.

    That is why Singapore's approach has been to create as many jobs as possible, while leaving the market to decide the right level of pay. The rationale for this is that having any job is better than having no job. 'Never mind your Gini coefficient. If you don't have a job you get zero against those with jobs. So our first priority is jobs for everybody,' he said.

    The Gini coefficient measures the income distribution across a country and is often used as gauge of the income gap.

    MM Lee was responding to a question about what Singapore could do to narrow its income gap. Mr Elvin Ong, a fourth year social sciences and business student from the Singapore Management University, had asked him what Singapore could do to help its bottom 20 per cent.

    The gap between the haves and have-nots is a recurrent political issue in Singapore and there have been concerted efforts by the Government to do more for the low income group.


    MM Lee said that having a minimum wage in Singapore could prove to have adverse effects. -- ST PHOTO: CHEW SENG KIM
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  3. #394
    Regular Member Loh's Avatar
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    Default Resorts World at Sentosa (RWS) unveils 20 attractions

    The Straits Times
    Oct 20, 2009

    By Lim Wei Chean

    THE world's highest duelling roller coasters, a peek at what a working Hollywood sound stage is like and a chance to take a trip into Jurassic Park - these are among the 20 attractions which will open at Resorts World at Sentosa's Universal Studios theme park in early 2010.

    The integrated resort gave a sneak peek into the seven themed zones on its sprawling 20-hectares theme park at a media briefing on Tuesday. Complementing the attractions are 12 retail outlets and 13 food and beverage options which will be ready at the same time.

    Ticket prices are still being firmed up and expected to be announced soon. They will be divided into three categories: adults, children and senior citizens. They will come as a day-pass, a three-day pass or annual pass.

    Mr Tan Hee Teck, CEO of Resorts World Sentosa, said: 'Asians love movies and we are proud to introduce the region's first and only Universal Studios theme park. Universal Studios Singapore will be one of the biggest and most exciting theme parks in the world, and it will be a tourism crown jewel for not just Singapore, but the whole region.'

    Added Tom Williams, chairman and CEO, Universal Parks and Resorts: 'Universal's attention to location-specific creative and design promises to deliver first-time Singapore guests - as well as devoted Universal Studios visitors that enjoyed other global locations - an exciting, different and memorable experience.'

    The integrated resort gave a sneak peek into the seven themed zones on its sprawling 20-hectors theme park at a media briefing on Tuesday. Complementing the attractions are 12 retail outlets and 13 food and beverage options which will be ready at the same time. -- ST PHOTO: TERENCE TAN
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    Last edited by Loh; 10-21-2009 at 04:19 AM.

  4. #395
    Regular Member Loh's Avatar
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    Default New generation of Singaporeans

    The Straits Times
    Oct 20, 2009

    IN 50 years' time, the new generation of Singaporeans will not have parents who are born and bred here.

    This is due to the increasing number of foreign immigrants and falling birth rates in Singapore.

    Minister Mentor Lee Kuan Yew said that if this continues, it will dilute the country's identity. He was speaking at the Kent Ridge Ministerial Forum held at the National University of Singapore on Monday evening.

    MM Lee said one way to tackle the problem is to disperse the different groups of foreigners so that they do not form cliques.

    Speaking on the topic: 'What will the next 50 years have in store for Singapore?', some 1200 tertiary students quizzed MM Lee on various issues ranging from the environment to income inequality.

    Mr Lee said unlike the older generation, youths today do not understand what it's like to be poor and in order for Singapore to prosper, young Singaporeans should have the same 'do or die' attitude as their fathers and grandfather.

  5. #396
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    Default

    RECENTLY crowned Miss Singapore World Ris Low, 19, had earlier been found guilty of credit-card fraud.

    The beauty queen was convicted of five charges of misappropriation, cheating using illegally obtained credit cards, and impersonating their users' identities.

    The first-time offender was sentenced in May this year to 24 months of supervised probation, said a Subordinate Courts spokesman in response to a query from my paper.

    Another 60 charges were taken into consideration for the purposes of sentencing, he said.

    Court documents show that Miss Low spent a total of more than $2,400 on at least four separate occasions, using at least three different credit cards in April and May last year.

    She bought two gold anklets worth almost $1,000, a $698 mobile phone, and food and drinks at a swanky restaurant.

  6. #397
    Regular Member Loh's Avatar
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    Default The Singapore Evening

    The Straits Times
    Oct 21, 2009

    By Boon Chan

    INTERNATIONALLY acclaimed violinist Min Lee, Singapore Idol winner Taufik Batisah and homegrown songbird Kit Chan will be performing before a distinguished audience that includes US President Barack Obama at the Esplanade Concert Hall on Nov 14, 2009.

    Lee is playing a Dick-Lee composed piece, Taufik is singing Heal The World and What A Wonderful World, while Chan will croon a Dick Lee-penned theme song, Our World, One World.

    Nobel Peace Prize winner Obama will be here for the Apec (Asia-Pacific Economic Cooperation) Leaders Week meetings, which will take place from Nov 8 to 15. It is the pinnacle event of the annual year-long Apec meetings, which Singapore is hosting at a cost of $100 million. About 10,000 delegates from the 21- member economies are expected to be here.

    Entertainer Dick Lee is also the creative director for the 30-minute multimedia show that is part of Singapore Evening at The Esplanade, a key highlight that 2,000 invited guests, including political leaders and delegates of the 2009 meetings, will get to enjoy.

    The Esplanade will be closed to the public on that day.

    After the musical extravaganza, delegates will be treated to a unique waterfront dining experience, conceptualised by event organiser Pico Art International and theatre director Jeremiah Choy.

    Picture shows from left to right Kit Chan, Taufik Batisah, Min Lee and Dick Lee
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  7. #398
    Regular Member Loh's Avatar
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    Default Makino R&D centre in S'pore

    The Straits Times
    Oct 21, 2009

    By Gabriel Chen

    JAPANESE manufacturer Makino Asia is investing $75 million over five years to establish a research and development (R&D) facility here.

    The International Research and Development (IRD) Centre will focus on the growing field of machine tool research.

    Nearly $20 million has been earmarked for the construction costs while investments of between $12 million and $15 million over the next four years will be made, mainly for staffing and related research expenses.

    The facility will be next to Makino's Gul Avenue premises and is expected to be completed by early next year.

    It will house the latest workstations, modelling and analytical systems and other simulators to allow the staff to design, develop and manufacture new models of specialised machines that tap on electricity to heat and burn hard metals.

    The Singapore facility - the first such R&D centre for Makino outside of its Japan headquarters - will spearhead machine tool research in emerging technology areas such as medical, engineering, alternative energy and power generation.

  8. #399
    Regular Member Loh's Avatar
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    Default Resorts World at Sentosa (RWS)Theme park on target

    The Straits Times
    Oct 21, 2009

    BY YEAR'S end, work on the hotels, theme park and casino at Resorts World at Sentosa (RWS) should be 'substantially completed'.

    Barring drastic weather changes or other delays, the integrated resort (IR) should be ready for its targeted opening early next year, said its executive vice-president of projects Michael Chin.

    The only areas outstanding now are the 'Hollywood' and 'New York' zones, two of the resort's seven themed areas, which are still waiting for some material to be shipped in.

    Briefing reporters yesterday, RWS spokesman Robin Goh gave an update of the line-up of attractions that will be open to the public when it throws open its doors.

    The US$1 billion (S$1.4 billion) Universal Studios Singapore theme park will have 20 attractions catering to all ages when it opens next year, with four more in the pipeline.

    Ticket prices have not been fixed and will be announced soon, but they will be in three categories - for adults, children and senior citizens, and be available in the form of day passes, three-day passes and annual passes.



    RWS Website
    9 October 2009, Issue 11

    http://www.rwsentosa.com/en_bulletin_issue12.html

    We're in the last quarter of 2009 and it's all systems go at Resorts World Sentosa as team members gear up for the Big Date in the New Year's first quarter.

    Construction activity, which goes on round-the-clock, winds down later this quarter as tower cranes that dominate the worksite get dismantled.

    What visitors see of Resorts World from VivoCity shopping mall, which sits opposite the Sentosa Integrated Resort, conceals the hive of fitting- out activities taking place in the resort's huge underground basement and hotel structures: Rooms are being luxuriously fitted, food and beverage outlets kitted up, and attractions tested rigorously for safety.

    Off the worksite, our tie-up with DreamWorks Animation shows the level of world-class entertainment that visitors to Universal Studios Singapore will enjoy.

    Keep in touch with Resorts World. We have several announcements this quarter that will delight our friends and stakeholders.

    Can't wait for opening? We can't either

    The Theme Park attractions can be found:

    http://www.rwsentosa.com/en_universalstudio.html
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    Last edited by Loh; 10-21-2009 at 09:45 PM.

  9. #400
    Regular Member Loh's Avatar
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    Default RWS Universal Studios Singapore

    Universal Studios Singapore®

    http://www.rwsentosa.com/en_universalstudio.html

    With seven themed zones, including The Lost World™, Hollywood Boulevard and Egypt, Universal Studios Singapore® is an adrenaline-charged excursion that will fill an entire day, or more.

    Step into the fantastic world of movie magic at Universal Studios Singapore® at Resorts World at Sentosa. Fight villains, catch the celebrities and revel in the glamour of showbiz as you jump into the screen and "ride the movies" on roller coasters and other movie-themed attractions. At Universal Studios Singapore®, you will be inspired and delighted by unique entertainment experiences that bring the silver screen to life.

    Singapore's only movie-theme park features 24 rides and attractions, including a pair of dueling coasters that brush past one another in several near misses in their aerial combat. Thrill-seekers can choose between a coaster where they are seated or the other where riders are suspended. Exciting loops, sudden turns, breathtaking drops and thrilling near-collisions will make you scream your heart out. Dinosaurs, lemurs, ogres and Egyptian mummies add to the thrills and adventures.

    With 18 attractions created or redesigned for Singapore, Universal Studios Singapore® promises an experience that you will not forget. Laughter and screams are heard around every corner, and lasting memories are made every day. Themed dining and shops are available, as well as unique venues and programmes for corporate events

    Resort Map

    http://www.rwsentosa.com/en_resortmap.html
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  10. #401
    Regular Member Loh's Avatar
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    Default The Lion King is coming

    The Straits Times
    Oct 21, 2009

    MUSICAL lovers rejoice.

    Award-winning Broadway production, The Lion King, is coming to the Marina Bay Sands Theatre. Base Entertainment and Marina Bay Sands are bringing the Disney Theatrical Group production to Singapore in September next year.

    The South-east Asian premiere in Singapore will be a duplicate of the other shows performing in other parts of the world, such as London and New York. It will feature a new company of performers auditioned around the world.

    This extended engagement will join the seven other highly successful companies of the show around the world.

    The Lion King is Julie Taymor's internationally acclaimed stage adaptation of Disney's 1994 animated film. It won the Tony Award for 'Best Musical', and the score features Elton John and Tim Rice's music from the animated film along with three original songs by John and Rice.

    Ticket prices, on-sale dates and performance schedules will be announced in 2010.
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    Last edited by Loh; 10-21-2009 at 10:46 PM.

  11. #402
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    Default

    Quote Originally Posted by Loh View Post
    The Straits Times
    Oct 20, 2009

    Global competition cuts wages at the bottom but boosts those at the top

    By Jeremy Au Yong

    HAVING a minimum wage in place here to narrow the income gap could do more harm than good, Minister Mentor Lee Kuan Yew said last night.

    In fact, every country that has set a minimum wage over what the market will bear has found that the move cuts jobs, he noted. Employers who are forced to deal with higher staff costs would simply find ways to hire less people.


    That is why Singapore's approach has been to create as many jobs as possible, while leaving the market to decide the right level of pay. The rationale for this is that having any job is better than having no job. 'Never mind your Gini coefficient. If you don't have a job you get zero against those with jobs. So our first priority is jobs for everybody,' he said.

    The Gini coefficient measures the income distribution across a country and is often used as gauge of the income gap.

    MM Lee was responding to a question about what Singapore could do to narrow its income gap. Mr Elvin Ong, a fourth year social sciences and business student from the Singapore Management University, had asked him what Singapore could do to help its bottom 20 per cent.

    The gap between the haves and have-nots is a recurrent political issue in Singapore and there have been concerted efforts by the Government to do more for the low income group.


    MM Lee said that having a minimum wage in Singapore could prove to have adverse effects. -- ST PHOTO: CHEW SENG KIM
    I agree with this, please people, stop being lazy and if you want high pay, work hard. Don't be a schmuck.

  12. #403
    Regular Member Loh's Avatar
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    Default MM Lee begins US visit

    The Straits Times
    Oct 28, 2009

    Key meetings kick off second leg of US visit

    By Chua Chin Hon

    WASHINGTON - MINISTER Mentor Lee Kuan Yew began the second leg of his US trip by calling on two key Cabinet members of the Obama administration - top diplomat Hillary Clinton and Treasury Secretary Timothy Geithner.

    Meeting Mrs Clinton at the State Department on Monday afternoon, Mr Lee said his 10-day visit came at a critical moment when the United States was looking to further engage South-east and East Asia.

    'I have come at a very important moment in America,' added the Minister Mentor, who first arrived in New York last week before travelling to Washington, DC on Sunday.

    'It is a time for renewal and resumption of the engagement of America, in particular in South-east Asia and East Asia. It is the part of the world that will alter the shape of the 21st century.'

    Agreeing, Mrs Clinton said with a laugh that they in the administration indeed 'have our work cut out for us here'.

    In about two weeks' time, President Barack Obama will embark on a major visit to Asia, his first since taking office, as well as attend the annual Asia Pacific Economic Cooperation (Apec) summit in Singapore.
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  13. #404
    Regular Member Loh's Avatar
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    Default New mall at Marina Bay

    The Straits Times
    Oct 27, 2009

    By Tessa Wong

    WORKER bees at Raffles Place will have more shops and restaurants to choose from next year, when a new underground mall opens at the upcoming Marina Bay Financial Centre.

    The Marina Bay Link Mall will feature upmarket tenants that will cater to the 62,000 working professionals and affluent residents in the immediate area.

    It will also connect the future Downtown MRT station to neighbouring buildings such as One Raffles Quay and the integrated resort Marina Bay Sands.

    The centre's managing company Raffles Quay Asset Management (RQAM) on Tuesday said the mall will also have some shops above ground, a waterfront plaza, a park for events and a restaurant perched on the 33rd floor.

    About 55 per cent of its 176,000 sq ft of retail space has been snapped up already. Some restaurants setting up there include seafood chain Paradise Inn and South Korean frozen yogurt chain Red Mango.

    Its stores are likely to be affordable mass-market luxury or 'masstige' brands, said Ms Rose Tong, RQAM's head of marketing (retail). They were unable to disclose any confirmed shop tenants as yet.


    ChannelNewsAsia.com
    27 October 2009 1530 hrs (SST)

    Business at Marina Bay Financial Centre due to start in Q4 next year

    By S Ramesh

    http://www.channelnewsasia.com/stori...013983/1/.html

    The S$4-billion Marina Bay Financial Centre mega project is on target despite the global downturn. In a year, phase one of the Marina Bay Link Mall under the Centre will be up and running, with tenants moving into the offices above.

    Raffles Quay Asset Management (RQAM), who has revealed plans to make the 176,000-square-foot mall a place to "Shop, Dine and Play", said the response rate has been positive.

    "So far, the take up rate has been very good," said Wilson Kwong, chief executive officer of RQAM. "We are one year away from completion and we are honoured to have 45 per cent pre-commitments for phase one alone, not to mention that the office segments we have also received very good take up rates."

    Since no development can be complete without two favourites amongst Singaporeans - food and shopping - 40 per cent of the mall will be occupied by food and beverage shops, while the remaining will be retail outlets.

    The first phase of the mall is scheduled to receive its temporary occupation permit by the second quarter of next year, while the second phase will be ready by the middle of 2012.

    The developer of the Marina Bay Financial Centre said that on average, about 50,000 people are expected to patronise the Marina Bay Link Mall once it is completed.

    While it did not name the key tenants, the developer promised lifestyle brands and convenience services to cater to those who work and live there. However, RQAM said it would be difficult to avoid duplicating some of what other nearby malls in the area already offer.

    "You do need essential services in all the retail malls and that is common, not just in Marina Bay Link Mall but in all other malls as well," explained Kwong. "But in doing that, we made sure they are new to market concepts. But essentially, all the concepts will cater for the residences and the people working in the office towers."

    The mall will also be well-connected through underground pedestrian networks and the future Downtown MRT station.


    The Marina Bay Link Mall will feature upmarket tenants that will cater to the 62,000 working professionals and affluent residents in the immediate area. -- PHOTO: RAFFLES QUAY ASSET MANAGEMENT
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  14. #405
    Regular Member Loh's Avatar
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    Default Soccerex forum in S'pore

    The Straits Times
    Oct 27, 2009

    Big names in sport expected to attend inaugural Soccerex convention here next July

    By Terrence Voon

    SOME of football's biggest names will meet here next year for the inaugural Soccerex Asia Forum, one of the world's largest football business conferences and exhibitions.

    Organised by Football Asia, a Singapore-based football business consultancy, the two-day event in July will see top international football officials and business leaders arrive for a series of networking events and seminars.

    Staging the event here is a coup for Singapore, which held off competition from bidders such as Abu Dhabi, Qatar and Dubai to host the forum.

    'Football Asia's decision to base itself in Singapore is a testimony of Singapore's growing importance as Asia's sports industry hub,' said Mr Oon Jin Teik, chief executive officer of the Singapore Sports Council.

    He attended the launch of Football Asia on Monday, along with the guest of honour, Minister for Community Development, Youth and Sports Vivian Balakrishnan, and former Liverpool star Phil Thompson.

    Mr Oon said: 'Football Asia's goal of being the catalyst for football between the East and West will create spin-offs for the region's football industry and the larger sports industry in the areas of sports sponsorship, broadcast and merchandising, among other things.'

    Minister for Community Development, Youth and Sports Vivian Balakrishnan (right) receiving an autographed jersey from former Liverpool star Phil Thompson yesterday. With them is Football Asia CEO Jon Collins. -- ST PHOTO: MUGILAN RAJASEGERAN
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  15. #406
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    Default 'Zero energy' building up

    The Straits Times
    Oct 27, 2009

    Producing as much energy as it uses, it will be a test-bed for 'green' technologies here

    By Gabriel Chen

    SINGAPORE'S first building that can produce as much power as it uses - zero energy, in industry jargon - opened with much fanfare on Monday.

    The landmark building in Braddell Road employs ground-breaking design features while also harnessing the sun's energy to replenish the energy it uses for air-conditioning and other uses.

    Its opening is a huge step forward for the local building industry. It will serve as a test-bed for green technology that can later be incorporated in standard construction projects, while students and designers can study first-hand the nuts and bolts of energy efficiency and 'green' building.

    National Development Minister Mah Bow Tan said the opening of the building 'marks a key milestone in Singapore's building and construction history'.

    The building was an existing structure that was retrofitted in an $11 million project in the Building and Construction Authority (BCA) Academy grounds opposite ComfortDelGro. The BCA joined forces with the National University of Singapore, the Solar Energy Research Institute of Singapore and private sector partners to convert the old three-storey workshop.

    A massive array of solar panels covering 1,540sqm - bigger than an Olympic-sized swimming pool and the biggest such installation here - was placed on the roof to generate energy to run the lights, office equipment and air-conditioning.

    A massive array of solar panels is placed on the roof to generate energy to run the lights, office equipment and air-conditioning. -- PHOTO: BCA
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  16. #407
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    Default Joint nations military exercise

    The Straits Times
    Oct 27, 2009

    By Teh Joo Lin

    OFFICERS from 22 countries are in town for an exercise aimed at stopping the trafficking of weapons of mass destruction such as nuclear armaments.

    In the scenario that will play out over the next few days, officers will pool intelligence to track down and board a rogue 'merchant vessel'. The ship, suspected of carrying illegal materials, will be diverted to the shore for a detailed inspection.

    In all, about 2,000 personnel, 18 ships and eight planes from countries including Singapore, Japan and the United States are involved in the exercise, code-named Deep Sabre II.

    The drill is being held for the second time under a global effort - the Proliferation Security Initiative (PSI) - to contain the illegal export of weapons technology.

    At the exercise's opening ceremony at the Changi Naval Base on Tuesday morning, Deputy Prime Minister Teo Chee Hean said the initiative can be improved by expanding the network to include more countries. This was why observers from Malaysia, India and Pakistan have been invited for the exercise.

    Given Singapore's location along the key sea lines of communication, the Republic recognises the important role it plays against proliferation, added Mr Teo. 'We take these responsibilities seriously,' he said.

    The exercise ends on Friday.

    At the exercise's opening ceremony at the Changi Naval Base on Tuesday morning, Deputy Prime Minister Teo Chee Hean (far left) said the initiative can be improved by expanding the network to include more countries. -- ST PHOTO: CHEW SENG KIM

  17. #408
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    Default Joint nations military exercise

    At the exercise's opening ceremony at the Changi Naval Base on Tuesday morning, Deputy Prime Minister Teo Chee Hean (far left) said the initiative can be improved by expanding the network to include more countries. -- ST PHOTO: CHEW SENG KIM
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