Borders' Bookstore thrives in Singapore; U.K. is next

Article Abstract:

Borders Group Inc., a bookstore chain, is a big success in Singapore, which is considered a test site for its international expansion. The 31,000-sq-ft Borders bookstore in Singapore, its first outside the US, opened in Oct. 1997 with a lifestyle concept and format that is new to the local market. Aside from its 150,000 titles, the bookstore allows customers to browse over new issues of international magazines. Borders features cushioned benches for browsing customers, a cafe, a music section and holds occasional readings by authors. Borders plans to put up similar super bookstores in London and Brighton, in the United Kingdom; in Melbourne, Australia; and in Glaslow, Scotland, before the end of 1998.

Comment:

Is a big success in Singapore, which is considered a test site for its international expansion

United States, Foreign operations, Facilities & equipment, Book Stores, Bookstores, Borders Group Inc., Article

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Credit-card defaults surge in Singapore due to downturn

Article Abstract:

Singapore posted a major increase in credit-card defaults in 2003. The rise in defaults was blamed on a sputtering economy and on increasing job layoffs in the country.

Financial management, All Other Plastics Product Manufacturing, Plastic Credit Cards, Finance, Credit cards, Credit and debit card industry, Credit card industry, Company financing, Default (Finance)

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Singapore Press Holdings weighs move to take web unit public

Article Abstract:

Singapore Press Holdings Ltd. is studying the possibility of listing its Internet operations. The company owns one of Singapore's largest Web content sites.

Strategy & planning, PRINTING AND PUBLISHING, Printing & Publishing, Publishing industry, Planning, Singapore Press Holdings Ltd.

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