PGA, Singapore team up

Article Abstract:

Florida billionaire and PGA National Resorts owner Llwyd Ecclestone and Singapore's Hospitality Systems Asia-Pacific Ltd. agreed to jointly develop and manage golf resorts in Asia. The new company, PGA National Asia-Pacific Ltd., hopes to build five to ten new golf courses over the next five years. Ecclestone is relying on famous golfers to design the new golf courses which will mostly be midlevel courses. Analysts, however, doubt whether the region can absorb new batches of golf courses.

Golf Courses and Country Clubs, Public golf courses, Investments, Joint ventures, Design and construction, Golf courses, Golf resorts, PGA National Resort (Palm Beach Gardens, Florida), Hospitality Systems Asia Pacific Pte Ltd, PGA Asia-Pacific Ltd.

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Singapore, U.S. sign accord

Article Abstract:

Singapore and the US will sign an agreement that will open both countries' skies to each other's airlines. The move could prompt other Asian countries, pressured incessantly by the US, to follow Singapore's lead. Industry analysts believe the agreement is beneficial to Singapore Airlines in the long term. Some, however, contend the US may have more to gain from the open skies policy. The US wants to take advantage of the increasing growth in aviation in Asia.

Intnl Air Passenger Svc, Scheduled Passenger Air Transportation, Air courier services, United States, International aspects, Airlines, Singapore, United States foreign relations, Civil aviation, International airlines, Singapore foreign relations

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