Word: sectoral
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...Mica insists that the end result will be worth the $600 million price tag - which he calls a bargain compared to projects in the private sector. "This is a magnificent structure to accommodate our citizens and is absolutely necessary," Mica says...
...Overall, an unprecedented 173,300 jobs were created in Singapore last year, and not just in high-pay professions. The construction and tourism sectors are also on the upswing. The Marina Bay Sands and Genting casino projects by themselves will add $8 billion of foreign investment. When completed, the developments are expected to create 38,000 service-sector jobs. "We have more than 450,000 citizens over 55 that are underemployed and undereducated," says Dr. Loo Choon Yong, a lawmaker and chairman of the Sentosa Development Corporation. "These are jobs they can do." Today, 68% of Singaporeans work in service...
...Founded in 1995, the government-funded Institute for Tourism Studies is grooming the next generation of workers to man the front desks, kitchens and boardrooms of this former Portuguese colony's booming leisure sector. But learning isn't restricted to the classroom: students also help run the Pousada de Mong-Há, www.ift.edu.mo, a 20-room hotel housed in old Portuguese army barracks. If you've had your fill of casino hotels, the Pousada-situated on a hill near the scenic ruins of a 19th century fort-is one of Macau's better-kept secrets. It's also affordable (spacious...
...York City--next spring. Topshop's U.S. adventure is the latest charge for growth among fast-fashion retailers, which specialize in constantly updated collections of cool clothing at prices so low the clothes are almost disposable. Over the past nine years, Topshop has carved an enviable niche atop this sector in Britain by appealing to a broader demographic than its competitors, by getting its new designs quickly to market and--in a category where inexpensive too often equals cheap--by emphasizing quality. This combination of fashion and value has "changed the way we dress," says Lauretta Roberts, editor of Drapers...
...guest-worker provision in the Senate bill, succeeding in cutting in half the annual allotment of workers. The anxieties of these Democrats are driven in part by the fact that the main area of expansion in the proposed bill would be for guest workers outside agriculture--in the service sector, in construction, in factories. By law, any guest-worker position has to be offered to Americans first, but the fear is that a flood of guest workers would drive down salaries in those industries, as they already have in farming...