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...vision for a multibillion-dollar residential and commercial real estate project located near the downtown core. The Marina Bay development would transform the way people live and work in Singapore, the Minister Mentor said. Electric golf buggies will whiz by diners as they gaze from the water's edge upon the "sailing, boating, windsurfing and fishing." Singapore aspires to be "a tropical version" of New York, Paris and London all in one, Lee said, adding "the Marina will be like the St. Mark's Piazza in Venice...

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

...Change it must. Faced with challenging long-term economic prospects and a flagging birth rate, Singapore's leaders have determined that the future of its 4.4 million citizens depends upon attracting multinational corporations along with hundreds of thousands of ambitious, educated (and preferably wealthy) foreigners to work and live there. Like other Asian tigers such as Taiwan, Singapore is losing high-tech manufacturing jobs-once crucial to economic growth-to lower-cost countries such as China. Manufacturing now provides work for just 20% of the island's 2.5 million workforce, down from 33% a decade ago, a decline reflected...

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

...fact, the government effort to revamp Singapore goes beyond property development. After the 1997 Asian financial crisis, bureaucrats realized the city could no longer rely upon manufacturing to fuel its economy, and began setting policies designed to create higher-paying, white-collar jobs in specific sectors: biotechnology, education, and private banking and finance. Singapore aspires to be a regional or even global center in those areas by offering incentives to corporations such as tax breaks, reasonably priced premium office space and Singapore's corruption-free business climate...

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

...Once upon a time, cars were hailed as the solution to an acute environmental hazard. A century ago in a city like Milwaukee, a quarter of a million lbs. of horse emissions fouled the streets each day. In Chicago, 10,000 dead horses had to be towed away in a single year. The flies and the pathogens in the manure dust aside, magazine writers compared the overall "horse cost of living" unfavorably with the cost of switching to cars. At the time, a gallon of gasoline cost 18˘, which today would be close to $4--exactly where some experts think...

Author: /time Magazine | Title: Pain in the Gas | 5/24/2007 | See Source »

...four percent more than the CIA’s estimation of 78 percent. However despite weighty numbers, a 2006 Pew poll shows only a relatively paltry 40 percent attend religious services on a weekly basis. Most Americans want their president to believe in God but few want governance based upon Holy Scripture. Americans like religion on their own terms. This isn’t that surprising. After all, the original American colonies were founded by religious zealots who didn’t like governments telling them what to believe. For better or worse, this has never quite left our cultural...

Author: By Steven T. Cupps | Title: One Nation Under God | 5/23/2007 | See Source »

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