Word: micro
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...Singapore's popular expat-heavy Brewerkz, (65) 6438 7438, micro has gone macro. The 840-sq. m brewery, opened in 1997 by the son of a teetotaling Methodist minister, makes 10 different original brews, from Singapore Pale Ale to Oatmeal Stout to Millennium Lager, available in a yard-size glass for a whopping $20 apiece. Like many other large brewpubs, Brewerkz also sells its microbrews in take-out bottles?but only on the premises. "We haven't pushed it to the greater world because I don't want to compete with the 900-lb. gorillas," says managing director Devin Kimble...
Flashiness is something this industry has largely lost. The exception: Advanced Micro Devices CEO Hector Ruiz brought Guns N' Roses guitarist Slash onstage for a rendition of Knockin' on Heaven's Door. It may become Comdex's eulogy...
Party unity is aborning on health care. Since getting burned by the failed Clinton health-care plan in 1994, Democrats have focused on the micro-issue of prescription drugs for the elderly, which are not covered by Medicare outside of hospital stays. But in 2002 the G.O.P. countered with ads touting its own prescription plan; the two plans were so elaborate and confusing that even politicians had a tough time telling them apart. Conclusion? Broaden the message. "Look at the Democratic gubernatorial candidates who won," says Rahm Emanuel, a former top Clinton adviser elected to the House seat once held...
...natural level," says Nicholas Brooke of Insignia Brooke property consultants. He estimates prices could drop by another 5-10%, absent outside interference. Brooke points to a similar, and ineffective, halt to government land sales in 1998 as evidence that the new policy is misguided. Indeed, past attempts to micro-manage the market seem to have done more harm than good. In 1997, Hong Kong Chief Executive Tung Chee-hwa embarked on a 10-year plan designed to increase home ownership in Hong Kong. But the subsidized housing scheme ran straight into the teeth of an economic recession, causing home prices...
...want to demonize Chavez because he's giving our class the chance to participate in the economic and political life of Venezuela for once," said Yosmari Guevara, 29, a bakery owner in one of Caracas's most squalid slums. She notes that under Chavez's new bank program for micro-businesses, she has received low-interest credit for the first time...