Word: world-class
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...financial district will have a striking new skyline while casinos and other amusements will dot the city. Even sleepy Sentosa Island, a 500-hectare tourist hangout located 15 minutes from the city center, is slated for overhaul via a 10-year, $5 billion plan to turn it into a world-class playground for the wealthy, with multimillion-dollar seafront homes, a megayacht marina and a Universal Studios theme park. The point of this real estate renaissance: change Singapore's image as a prosperous but rather dull commercial hub into that of a vibrant, fun destination-a place people will want...
...theaters, an ice-skating rink, shops and restaurants. A revitalized waterfront will sport the world's tallest Ferris wheel, miles of walkways and a 100-hectare botanical garden. To help bring in tourists, Singapore recently announced it had cut a deal to become a stop on the Formula One Grand Prix circuit starting in 2008; the city will host the annual event on downtown streets and may hold Formula One's first night race. For those with more genteel interests, a world-class art-and-science museum is being built near the Marina Bay Sands. Designed by renowned Israeli architect...
...push appears to be contributing as much to recent economic growth as property. Since 2000, production of drugs and medical devices has quadrupled to $15 billion. World-class educational institutions such as INSEAD and Johns Hopkins University have established Singapore campuses. The city-state is becoming the largest hub for private banking outside Zurich. Assets held in the Singapore offices of private banks including UBS and Citigroup have been rising 20% annually since 2003. More than 100 hedge funds have relocated to the island, up from 20 in 2004, according to the Singapore Monetary Authority. The Boston Consulting Group reckons...
...testing the films on view. Once again we'll be filing daily dispatches on the movies, press conferences, parties and other events of this, the 60th Cannes Film Festival. When the new works of the Coen brothers, Emir Kusturica, Gus Van Sant, Hou Hsiao-hsien and other world-class directors are shown, we'll report on them. When Brangelina comes calling, for their respective films (Ocean's Thirteen and A Mighty Heart), we'll be in the mob trying to ask them questions. If Michael Moore is arrested by the U.S. government (as we suspect he hopes...
...architecture right across to media, information technology. We're in many areas the leading center for financial services. In the range of industries and services which are absolutely crucial to the success of advanced industrial economies in the future, Britain is doing well. Our big issue is making ourselves world-class in education. If China and India are turning out 4 million graduates a year and we're turning out 400,000, it's pretty clear to me that we've got to use the talents of every young person a lot better. A small country must be able...