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...what? It was hard to tell if the architect of Singapore's rise from third world to first was charting an economic course or making a sales pitch for a master-planned leisure community-because he was, in a way, doing both. Marina Bay is just one part of a government-orchestrated effort to change the face of Singapore. This is no Botox job. Work is underway on an epic facelift, one that could within a few years render Singapore nearly unrecognizable: the financial district will have a striking new skyline while casinos and other amusements will dot the city...

Author: /time Magazine | Title: Singapore Soars | 5/24/2007 | See Source »

...Sentosa Cove Developers say they had the French Riviera in mind when they drew up plans for a 117-hectare residential enclave on Sentosa Island. The hoi polloi need not apply. Luxury homes there cost as much as $20 million; residents have access to a yacht marina and a world-class golf course. To attract rich foreigners, Singapore amended its property laws to allow expat buyers to secure 99-year leases on land. The project is part of a wide-ranging plan to upgrade Sentosa Island for tourism...

Author: /time Magazine | Title: Morphing Metropolis | 5/24/2007 | See Source »

...Ironically, Taiwan's Tourism Bureau has hatched a plan to keep the dictator's memory alive for the one group of people who seem genuinely interested (KMT diehards aside). Chiang-themed tour packages will target mainland Chinese, who are invariably curious about Mao's nemesis. Perhaps they could include the statue at my local park on the itinerary. In this rendition, a grandfatherly Chiang wears a traditional Chinese tunic and leans on a cane. If ever his legacy needed propping...

Author: /time Magazine | Title: Taiwan's Statue Wars | 5/24/2007 | See Source »

...slipper company hired the team as consultants in January 2004. At that time, the bank wanted two things: another lender and a plan to make Barry profitable within the year. Good and the bankers traveled to Mexico to tour the company's factories and warehouses. They were aghast to see three plants running full throttle in January while the warehouses were bursting with 12 million pairs of slippers. Whoops. Asked to explain, the operations manager declared that inventory was not his responsibility. The bank called in the loan, giving the company five weeks...

Author: /time Magazine | Title: A Shoemaker Gets a Makeover | 5/24/2007 | See Source »

...those of Moldova's breakaway region of Trans-Dniestria. Russia uses these separatist entities to turn up heat on Georgia and Moldova, and the separatist movements in all three demand Russian recognition, and subsequent incorporation into Russia. Hence, Moscow's headache: Should it go along with the Ahtisaari plan, it must insist that the same approach be applied to Russian allies, lest it loses face both with them and with its own increasingly nationalist population. But should Russia derail the Ahtisaari plan on grounds of opposing separatism, it has to find a better rationale to encourage its own separatist clientele...

Author: /time Magazine | Title: Will Russia Block Kosovo Independence? | 5/23/2007 | See Source »

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