February 22, 1999 |
The Internet is everywhere in Singapore--on billboards, television, in the newspapers, in the mouths and minds of government officials and businesspeople, even in ads on taxis and buses. This country is betting its future on the Internet. Its ambitious plans, and its formidable capabilities, are likely to soon make it the world's most wired nation. Indeed, Singapore is poised to become the world's first true "digital nation."
January 23, 1999 |
After two quarters of negative economic growth, Singapore is technically in recession. So what's the response of this city-state that is hardly larger than Zion National Park? Well, you could start with Singapore Airlines, ranked in many polls of business travelers as the world's best carrier. Singapore is spending $300 million to refurbish the fleet's cabins. Then there's the Internet.
June 19, 1998 |
This prosperous city-state is built on a mountain of insecurity. Surrounded by larger, occasionally hostile neighbors and devoid of natural resources, the Singapore government muzzled political dissent, armed itself with the best weapons money could buy and created a sophisticated trade entrepot backed by $60 billion in foreign reserves.
June 6, 1998 |
For the second year in a row, Singapore remains the world's most competitive economy, ahead of Hong Kong and the United States, according to a report issued Friday. The rankings in the World Economic Forum's Global Competitiveness Report 1998 define which countries have a range of market and factors of production which give them the ability to maintain sustained economic growth.
February 16, 1998 |
If you want to find out what Singapore is all about and why it's not rattled by the Asian economic crisis, you might start at the old colonial convent on North Bridge Street that houses the Mass Rapid Transit offices. Inside the dim, ultramodern control room, half a dozen men sit at computers, loading in timetables and commands. A few feet away, a huge digital board tracks 80 rush-hour trains that are speeding under and over Singapore, each relentlessly on schedule.
November 30, 1997
A country-by-country look at the economic crisis that has swept Asia, and the challenges nations face in restoring growth. (Stock market and currency changes are since Jan. 1. Currency changes versus U.S. dollar). THAILAND * Currency decline: -36% * Stock market decline: -52% * Population: 60 million. During the export boom of the early-90s, Thai banks flush with cheap foreign capital lent heavily to domestic borrowers, fueling a real estate bubble. Imports surged.