New outlook, fresh impressions!
Friday, June 25, 2010
Wednesday, June 23, 2010
How Marina IR can change S'pore tourism
How Marina IR can change S'pore tourism
INTEGRATED resort Marina Bay Sands will probably take three to seven years to reach a capacity that can help spur Singapore's tourism and convention industries, Minister Mentor Lee Kuan Yew said yesterday.
This length of time will be necessary because the resort is a very big project, he said.
Marina Bay Sands cost its owner, American casino-resort company Las Vegas Sands, US$5.5 billion (S$7.5 billion). People also have to come and see the resort for themselves and enjoy it before word of mouth can help bring in more customers, MM Lee noted.
He said: "Word has got to spread. And it can't spread at just one news conference or one display." But once it is running at full steam, it will increase the number of visitors who come here for conventions, and the amount of tourism trade, by many times, he said. By that time, it will also "transform the nightlife of Singapore", he said.
He was speaking to journalists during his first official visit to Marina Bay Sands yesterday, ahead of its opening today. He added that he wanted to visit the resort because he was interested to see "what are the bare-bone workings of it", so that he can form his own impressions of what he thought would be its chances of succeeding.
Mr Sheldon Adelson, the chairman of Las Vegas Sands, said that Mr Lee was being "a little too pessimistic". He said: "We'll be up and running at full speed by next year. A property like (Marina Bay Sands)...normally will take about a year to ramp (up)."
On the delay of Marina Bay Sands' opening, he said: "When you build a new property like this, everybody says (it'll) never open on time. But a property like this has to open in phases. We'll ramp up and do extremely well. The indications are very positive."
Originally, Marina Bay Sands was to have opened at the end of last year, but its first phase opened only on April 27. But Mr Adelson agreed that Mr Lee was right about the need for word on the development to get out so that people will get to know about it.
-News courtesy of Omy-
INTEGRATED resort Marina Bay Sands will probably take three to seven years to reach a capacity that can help spur Singapore's tourism and convention industries, Minister Mentor Lee Kuan Yew said yesterday.
This length of time will be necessary because the resort is a very big project, he said.
Marina Bay Sands cost its owner, American casino-resort company Las Vegas Sands, US$5.5 billion (S$7.5 billion). People also have to come and see the resort for themselves and enjoy it before word of mouth can help bring in more customers, MM Lee noted.
He said: "Word has got to spread. And it can't spread at just one news conference or one display." But once it is running at full steam, it will increase the number of visitors who come here for conventions, and the amount of tourism trade, by many times, he said. By that time, it will also "transform the nightlife of Singapore", he said.
He was speaking to journalists during his first official visit to Marina Bay Sands yesterday, ahead of its opening today. He added that he wanted to visit the resort because he was interested to see "what are the bare-bone workings of it", so that he can form his own impressions of what he thought would be its chances of succeeding.
Mr Sheldon Adelson, the chairman of Las Vegas Sands, said that Mr Lee was being "a little too pessimistic". He said: "We'll be up and running at full speed by next year. A property like (Marina Bay Sands)...normally will take about a year to ramp (up)."
On the delay of Marina Bay Sands' opening, he said: "When you build a new property like this, everybody says (it'll) never open on time. But a property like this has to open in phases. We'll ramp up and do extremely well. The indications are very positive."
Originally, Marina Bay Sands was to have opened at the end of last year, but its first phase opened only on April 27. But Mr Adelson agreed that Mr Lee was right about the need for word on the development to get out so that people will get to know about it.
-News courtesy of Omy-
Lower 2nd Link tolls from Aug
Lower Second Link tolls from Aug
From Aug 1, tolls will be reduced by 30 per cent at the Second Link at Tuas, the prime ministers of Singapore and Malaysia announced yesterday.
Singapore's Prime Minister Lee Hsien Loong and Malaysia's Prime Minister Najib Razak met in Putrajaya yesterday, to follow up on bilateral issues discussed at their retreat in Singapore last month.
They had announced then that tolls would be reduced, but that the size of the cut had not been made public at the time.
Currently, tolls at the Second Link can come up to at least $9, more costly than tolls at the Causeway, which amount to about only $2.40. The cut in tolls is among a slew of measures that both countries will take to improve transport links between them.
-News courtesy of Omy-
From Aug 1, tolls will be reduced by 30 per cent at the Second Link at Tuas, the prime ministers of Singapore and Malaysia announced yesterday.
Singapore's Prime Minister Lee Hsien Loong and Malaysia's Prime Minister Najib Razak met in Putrajaya yesterday, to follow up on bilateral issues discussed at their retreat in Singapore last month.
They had announced then that tolls would be reduced, but that the size of the cut had not been made public at the time.
Currently, tolls at the Second Link can come up to at least $9, more costly than tolls at the Causeway, which amount to about only $2.40. The cut in tolls is among a slew of measures that both countries will take to improve transport links between them.
-News courtesy of Omy-
Tuesday, June 22, 2010
Toll charges at 2nd Link to go down
Toll charges at Second Link to go down by 30% from Aug 1
Motorists using the Second Link got some good news from the Prime Ministers of Malaysia and Singapore on Tuesday.
Speaking at a news conference after their meeting in Kuala Lumpur on Tuesday, the leaders announced that both countries will reduce their toll charges at the Second Link by 30 per cent with effect from August 1.
A hint that toll charges would be reduced substantially was made when Prime Ministers Lee Hsien Loong and Najib Razak met for their retreat in Singapore on May 24.
Another major development announced during that retreat was the land swap arrangement following the decision to relocate the Tanjong Pagar Railway station to the Woodlands train checkpoint by 1 July 2011.
In a joint statement, the leaders said they discussed the land swap issue and Singapore's offer was conveyed to Prime Minister Najib.
They had a productive meeting and discussed some initial responses.
They then agreed to study the matter further and to meet again in three months, after Hari Raya Adilfitri, to finalise the land swap decisions.
Prime Minister Najib said he will visit Singapore with the final decision.
-News courtesy of Channel Newsasia-
Motorists using the Second Link got some good news from the Prime Ministers of Malaysia and Singapore on Tuesday.
Speaking at a news conference after their meeting in Kuala Lumpur on Tuesday, the leaders announced that both countries will reduce their toll charges at the Second Link by 30 per cent with effect from August 1.
A hint that toll charges would be reduced substantially was made when Prime Ministers Lee Hsien Loong and Najib Razak met for their retreat in Singapore on May 24.
Another major development announced during that retreat was the land swap arrangement following the decision to relocate the Tanjong Pagar Railway station to the Woodlands train checkpoint by 1 July 2011.
In a joint statement, the leaders said they discussed the land swap issue and Singapore's offer was conveyed to Prime Minister Najib.
They had a productive meeting and discussed some initial responses.
They then agreed to study the matter further and to meet again in three months, after Hari Raya Adilfitri, to finalise the land swap decisions.
Prime Minister Najib said he will visit Singapore with the final decision.
-News courtesy of Channel Newsasia-
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