Singapore and Burma boost ties with airport project

Article Abstract:

Singapore Technologies Industrial Corp. has signed a memorandum of understanding with the Myanmar government for the construction of a $357.3 million airport in Mandalay. The company hopes to eventually sign a firm contract with Myanmar to further boost Singapore's relations with the country. Tourism has been one of the strongest sectors for Singaporean investments in Myanmar. However, most of the companies that have successfully invested in Myanmar are backed by the Singaporean government.

Airports, flying fields, & services, Airports, Airport Operations, Planning, Buildings and facilities, Burmese foreign relations, Myanmar, Singapore foreign relations, Mandalay, Myanmar

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Kmart helps Singaporeans to see the (blue) light

Article Abstract:

Kmart Corp. has firmly established itself in Singapore a mere 10 months after it opened its first store. As in the US, Kmart has become a household name for Singaporean consumers who find the discounter's low prices and wide selection a welcome relief from the island-state's high-end, high-priced department stores. Kmart's success is such that it continues to reap substantial profits at a time when consumer purchasing activity is at an all-time low.

All Other Specialty Food Stores, Discount Chains, Variety stores, Foreign operations, Retail industry, Retail trade, Discount stores, Kmart Holding Corp.

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