Monthly Archives

April 2015

Silk Street eyes upmarket transition

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The Friday 20 March 2015 edition of the China Daily carried the report: “Silk Street eyes upmarket transition”. Following are extracts from the article: “Beijing’s famous Silk Street market plans to discard its image as a mixed-bag shopping paradise and transform itself into a top high-end market.  “Silk Street announced on Thursday that it will close all shops that continue to sell poor quality goods or provide bad service and introduce higher-end businesses, including designer clothing and self-owned brands, developing into a high-end shopping place that can compete with shopping malls of international standards. “Located in Beijing’s largest business and embassy area, Silk Street…

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HOW NEW LEADERS CAN SUSTAIN SINGAPORE’S SUCCESS

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GIC group president and former civil service head Lim Siong Guan spoke on honour, wealth, leadership and Mr Lee Kuan Yew’s legacy at a Business Times conference last Tuesday. Here are edited excerpts of his speech that were published in The Straits Times on 6 April 2015.  OFTEN when visitors come to Singapore, they are briefed on the Housing Board, the Central Provident Fund, the Urban Redevelopment Authority, the education system, the health system and so on. While these are critical factors, I believe there is a deeper cultural reason to explain Singapore’s success since independence. The explanation lies in…

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