MINISTER Mentor Lee Kuan Yew was welcomed by the chairman and CEO of the Las Vegas Sands Corporation, Mr Sheldon Adelson at his first official visit to the Marina Bay Sands on Tuesday.
Touring the interior of the building, including a visit to the casino, MM Lee expressed his concerns over the success of the integrated resort.
"It's a very big project. When it's all filled up, it will increase our tourist trade and the people who come here multifold. That's quite a job to do in a couple of years so I think this will take 3 to 7 years to reach capacity. The word has got to spread and it can't spread just in one news conference or display. People have to come here, enjoy and bring more in." said Minister Mentor Lee.
Mr Adelson though, challenged MM Lee's forecast.
"I think Minister Mentor Lee is too pessimistic. I think we'll be up and running in full speed by 2011. A property like this has to ramp and it will normally take a year to ramp." said Mr Sheldon G Adelson. - Strait Times
Monday, June 28, 2010
MM forcasting the Sand performance
Friday, June 25, 2010
Saturday, June 12, 2010
Tuesday, June 1, 2010
Singtel and Starhub face angry football fans.
HERE'S the score. Going by the figures on two Facebook groups, the number of people boycotting World Cup packages from the two telcos here has gone up.
One group, called Mass Boycott StarHub/SingTel Overpriced World Cup Package,has more than 25,000 members, up from more than 12,000 on May 14.
Said Mr John Chua who created the group: 'Looking at the prices, why did other countries, which also negotiated with Fifa, end up with free World Cup packages, such as England, Australia and Indonesia? Or charge much cheaper - like India at $7 or Japan at $10?' noted Mr Chua who did not want to reveal more about himself.
Another Facebook group is called Boycott Fifa World Cup 2010 Subscription in Singapore. It has drawn 'likes' (meaning approval of the group) from almost 400 people so far.
It was announced earlier that existing subscribers of StarHub and mioTV, who signed up before May 31, would pay $70.62 ($66 plus GST).
After the early-bird offer lapses, the cost is $94.16 ($88 plus GST). The broadcast rights were clinched jointly by the two telcos 35 days before the tournament starts on June 11. Strait Times 29 March 2010
I wonder if the government will step in on this one if things get out of hand.