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Old June 2nd, 2006, 02:17 PM   #1
Charging Bull
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[COMPLETED] Resorts World @ Sentosa (Genting, StarCruise, Universal Studios)

First blood, one down.
====Out of Africa===========


By Sebastian Tong

SINGAPORE, June 2 (Reuters) - Top South African casino operator Sun International (SUIJ.J: Quote, Profile, Research) said on Friday it would not submit a bid for the second of Singapore's two planned casino resorts, narrowing the number of contenders for the billion-dollar project.

Sun said the Singapore development would involve too great a diversion of its resources, adding that it was focusing on two "high-potential projects" in the UK.

The group, owner of South Africa's glitzy Sun City resort, said it was looking to expand in other African countries, including Nigeria.

Singapore awarded its first casino licence to Las Vegas Sands Corp. (LVS.PH: Quote, Profile, Research) (LVS.N: Quote, Profile, Research) last week.

Bids for the second casino, slated for Singapore's resort island of Sentosa, are due in October. Sun's pullout leaves three confirmed bidding groups.

Singapore has said it wants the 49-hectare resort to have family-friendly leisure attractions to lure tourists to the region.

Southeast Asia's largest developer CapitaLand has said it is pushing ahead with a joint bid with Bahamas-based Kerzner International (KZL.N: Quote, Profile, Research), while resorts builder Mark Advent has said he would bid with his privately owned Eighth Wonder with Starwood Hotels & Resorts (HOT.N: Quote, Profile, Research) and Isle of Capri Casinos Inc (ISLE.O: Quote, Profile, Research).

The third bidding group, Malaysia's Genting group (GENT.KL: Quote, Profile, Research), is seen as the strongest contender because of its exclusive tie-up with theme parks giant Universal Studios.

Genting, which is submitting its bid through its two affiliates Genting International (GNTG.SI: Quote, Profile, Research) and cruise operator Star Cruises Ltd. (SARC.SI: Quote, Profile, Research) (0678.HK: Quote, Profile, Research), was one of the three unsuccessful bidders for the first site on Singapore's downtown Marina Bay.

U.S. gaming group Harrah's Entertainment Inc. (HET.N: Quote, Profile, Research) and Singapore government-linked developer Keppel Land (KLAN.SI: Quote, Profile, Research), which also submitted an unsuccessful Marina Bay bid, said they would announce "in due course" whether to proceed with the Sentosa bid.
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Old June 3rd, 2006, 03:26 AM   #2
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8th Wonder is as aggressive as Sands and may walk away with the Grand Prize
Genting may become another MGM if they think they can win easily.

Sentosa IR race: Sun calls it quits, Eighth Wonder stays on
Val Chua
Asst News Editor
val@newstoday.com.sg

NEITHER is a front-runner to bag the licence for the Sentosa integrated resort — and one has not even made it to the starting line.
.
Sun International, a South Africa-based casino operator, has bid its Singapore dreams farewell, while United States player Eighth Wonder signalled its intent to fight on by submitting $400,000 in probity fees.
.
The moves are not unexpected.
.
Privately-owned Eighth Wonder's CEO Mark Advent had turned up last month to collect the proposal kit for Sentosa IR, calling it his "No 1 focus" while Sun had all but disappeared from the radar after an initial spurt of publicity last year.
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In a statement, Sun's CEO Peter Bacon, said that while Singapore was "a gaming market of significant potential", it decided not to submit an application for the casino license to the Singapore Tourism Board (STB) on Friday — the deadline for fresh bidders to show their hand.
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"Sun International has a number of other exciting opportunities under consideration, and … in the light of these recent developments, the timing of the Sentosa bid process will involve too great a diversion of our resources," he said, adding that Sun has its fingers in casino pies spanning the United Kingdom to Nigeria.
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On the other hand, Eighth Wonder's Mr Advent has put his money where his mouth is — taking on front-runners Genting International and Kerzner International.
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In a statement, the man whose claim to fame was the development of the casino resort "New York, New York" in 1997, promised to create "the most exciting and visionary integrated resort in the history of the world".
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He previously said Eighth Wonder would invest US$3 billion ($4.7 billion) for the Sentosa IR, with US$100 million on marketing alone.
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With the withdrawal of Sun, the family-themed Sentosa IR has dwindled to four bidders, although whether Harrah's Entertainment will stay on remains unknown.
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The casino titan, which has paired up with Keppel Land, failed in its bid for the Marina Bay IR and has not made a decision on whether to join Part 2 of Singapore's great casino race.
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Technically, Harrah's doesn't have to show its hand until July 31 — the deadline given to Marina Bay bidders like itself and Genting — to submit $100,000 in probity fees.
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Analysts have installed Malaysian-based Genting — which has roped in sister company Star Cruises and Universal Studios for its bid — as a favourite for the Sentosa site.
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Another front-runner is Bahamas-based Kerzner, which has a 60-per cent-stake in an alliance with Temasek-linked CapitaLand. Probity investigations — part and parcel of any casino licence process — have started for this team as it has submitted their fees, said the STB.
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In their respective media statements, both Sun and Eighth Wonder praised the Singapore Government for its handling of the casino race so far.
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Mr Bacon said the application process has been well-managed, transparent and "scrupulously fair", while Mr Advent said the Government "stayed true" to its decision to select the best team for the Marina Bay project, a nod to winner Las Vegas Sands.
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Old June 3rd, 2006, 03:35 AM   #3
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Family oriented?? Hmm....it seems like Genting has a strong hold in this area.....

Ketzner feels a little to classy for such resort I feel......
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Old June 3rd, 2006, 04:43 AM   #4
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One big unknown factor is : "Australian theme park and cinema operator Village Roadshow", guess they are unlikely to bid alone and may join one of the bidders (Kerzner or 8th Wonder) as theme park partner.

Village Roadshow = King Maker.
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Old June 3rd, 2006, 05:02 AM   #5
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Kerzner's Atlantis City @ Bahamas, MGM's Bellagio and Sands's Venetian are listed as example of Overseas IRs at the IR's feedback website. With Sands already walked away with the Marina Bay IR site, MGM out of the race and Kerzner is the only one left standing.

Answer might be already there. Authority here think very highly of Kerzner since Day One.

Last edited by Charging Bull; June 3rd, 2006 at 05:19 AM.
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Old June 3rd, 2006, 05:05 AM   #6
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Hmmm...I think if Kerzner combined with Village Roadshow, it will be a different situation......

Too bad cannot have a Kerzner/universal combination....
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Old June 3rd, 2006, 05:05 AM   #7
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I want to have a Universal studios in singapore.
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A small country can do wonders.
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Old June 3rd, 2006, 05:10 AM   #8
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Quote:
Originally Posted by Charging Bull
8th Wonder is as aggressive as Sands and may walk away with the Grand Prize
Genting may become another MGM if they think they can win easily.
For Genting to win, I think they need a really strong proposal.......the Marina Bay proposal from Genting is good but not outstanding.....
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Old June 3rd, 2006, 05:26 AM   #9
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I hope Genting is not going to give us a big clock this time...
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Old June 3rd, 2006, 05:30 AM   #10
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Looking at the Kerzner website, I can't help but think that it's very impressive.....esp the Alantis, Bahamas.....and they are still expanding.....

And take a look at their core value.....


Hopefully they'll come up with mind-blowing stuff for Sentosa.....
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Old June 3rd, 2006, 05:37 AM   #11
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Quote:
Originally Posted by babystan03
Hmmm...I think if Kerzner combined with Village Roadshow, it will be a different situation......

Too bad cannot have a Kerzner/universal combination....

Same feeling: Kerzner/Capitaland & Universal are the perfect combination.

10 Years ago: We were begging theme park operators to operate here.

Now: Theme Park operators are now queuing outside STB begging us to allow them to operate here.

风水轮流转 十年河东 十年河西
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Old June 3rd, 2006, 05:58 AM   #12
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Quote:
Originally Posted by babystan03
Looking at the Kerzner website, I can't help but think that it's very impressive.....esp the Alantis, Bahamas.....and they are still expanding.....

And take a look at their core value.....


Hopefully they'll come up with mind-blowing stuff for Sentosa.....
Yes. Really Mind-Blowing.
Imagine this:

Kerzner water theme IR@Sentosa + Sentosa Cove + Future expansion of Kerzner into Sothern Island = unparalled 500 ha of Water Theme DreamLand.

(other Water Theme bonuses: Current dolphin Lagoon + Underwater World)

Singapore is too warm for normal theme park. A Water theme park is the best
option for us.

To suprise their competitors, my guess is Kerzner will bring Gaint Whale to Sentosa.

Last edited by Charging Bull; June 3rd, 2006 at 06:14 AM.
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Old June 3rd, 2006, 09:31 AM   #13
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Quote:
Originally Posted by Charging Bull
Yes. Really Mind-Blowing.
Imagine this:

Kerzner water theme IR@Sentosa + Sentosa Cove + Future expansion of Kerzner into Sothern Island = unparalled 500 ha of Water Theme DreamLand.

(other Water Theme bonuses: Current dolphin Lagoon + Underwater World)

Singapore is too warm for normal theme park. A Water theme park is the best
option for us.

To suprise their competitors, my guess is Kerzner will bring Gaint Whale to Sentosa.
i agree wit u
my bet is on kerzner
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Old June 3rd, 2006, 11:20 AM   #14
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My thought: How Kerzner can win the Sentosa site:

1. Submit a bold proposal of US$3B with low rise buidlings & plenty of trees / flora that mix with current Green Enviroment at Sentosa.

2. The proposal should include:

- One 1200 rooms grand hotel

- One Mice Convention centre (for 1000 people & inside a hall with Gaint Whale swimming at the background)

-One water theme park for all tourists

-Five to Ten restaurants (with sea animals swimming in the background as well ) & attract the rest of the World Top chefs that Sands unable to bring to Singapore

- A shopping mall with foreign popular retailers that are new to Asia

- A water theme amphitheatre with current Merlion as background

- When facing the Govt. panel, keep emphasis on the water theme concept and the synergy between its proposal and current attractions in Sentosa (Dolphin Lagoon + Underwater World + Musical fountain) and Southern Islands. Also keep stressing on the disadvantage of having a normal theme park under the weather here.

Genting is riding on the back of Universal Studio in their bid, if this key compoent is gone, everything is over.

Last edited by Charging Bull; June 3rd, 2006 at 03:11 PM.
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Old June 4th, 2006, 12:23 PM   #15
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Business Times - 03 Jun 2006

Too early to write off Temasek-linked bidders in race for Sentosa IR


By LESLIE YEE
SENIOR CORRESPONDENT

NOW that Las Vegas Sands has won the bid for the integrated resort (IR) at Marina Bay, many think that the eventual winner of the Sentosa IR project would also be sans a Temasek link.

And with the land price for the Sentosa IR fixed at $605 million or half the $1.2 billion price tag for the Marina Bay IR, more proposals than the four submitted for the Marina Bay IR and greater participation from local companies are more likely now.

But a look at other 'lessons' from the Marina Bay IR award paints a different picture.

Sands is headed by Sheldon Adelson, an entrepreneur who has been behind some truly ground-breaking world-class developments.

Therefore, come the end of this year, when the winner of the Sentosa IR is announced, following in the footsteps of Mr Adelson could be another entrepreneur who has done ground-breaking world-class projects, namely Kerzner International chairman Sol Kerzner. He developed Africa's largest entertainment and gaming resort, Sun City in South Africa, and the epic Atlantis resort and casino in the Bahamas.

CapitaLand, in partnership with Kerzner, may thus be lucky second time round. Sure, investors probably overplayed the expectation that a Temasek-linked entity would feature in the winning team for the Marina Bay IR. But for the Sentosa IR, the reverse may be true.

As for the notion of more bidders and local firm participation, things won't pan out that way.

There are 12 short-listed bidders but only five groups are known to have bought the request for proposal documents. Besides Kerzner with CapitaLand, they are: Genting International with Star Cruises - the favourite because they have roped in Universal Parks & Resorts to build a theme park; Harrah's Entertainment with Keppel Land; Eighth Wonder Asia; and Sun International.

Already, Sun International has pulled out because, as it puts it, bidding for the Sentosa IR will involve too great a diversion of resources from other opportunities and initiatives.

The Sentosa IR project looks to be a riskier proposition for the developer than the Marina Bay IR as the latter is in the heart of the new downtown while the former needs to establish itself as a premier island resort destination.

In sports, people say that it is the taking part and not the winning that counts. But this is unlikely to be the case for parties submitting proposals for the Sentosa IR.

Preparing a proposal takes months of intense work and absorbs precious time of senior management. Limited resources get diverted from other opportunities and initiatives as highlighted by Sun International. There are also chunky fees to pay to consultants and advisers. If the outcome is not success, the share price may react negatively and staff morale takes a hit.

Chances of success are carefully weighed before proposals are submitted, so odds are the number of proposals submitted for the Sentosa IR may be four or fewer.

As for greater local firm participation, remember City Developments Ltd (CDL) which withdrew from being Sands's equity partner for the Marina Bay IR? CDL executive chairman Kwek Leng Beng had said that some of the probity requirements would have taken too long to meet and some in his organisation were unwilling to disclose their full financial background.

Surely, other Singapore companies would be faced with some of these issues cited by Mr Kwek.

There's one other factor: investment size. The $3.85 billion that Sands committed to invest in developing Marina Bay Sands was the largest of the sums pledged by the four bidders for the Marina Bay IR. Imagine the questions that will arise should the winner of the Sentosa IR not be the party who was willing to put the most money on the table. After all, every party who submits a proposal for the Sentosa IR can be expected to come up with a top-class design and be a proven business operator.

So while the favourite may be the Genting-Star Cruises consortium, it is far too early to rule out the others. Given their property development track record in Singapore and elsewhere in Asia, CapitaLand and Keppel Land do have much to offer to their foreign bid partners. Perhaps this time around, one of these Temasek linked entities could give their foreign partners precious local insights that ultimately gives their team the vital winning edge.

Copyright © 2005 Singapore Press Holdings Ltd. All rights reserved.
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Old June 5th, 2006, 12:07 PM   #16
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Jun 4, 3:47 PM EDT

Harrah's Faces Possible Shutout in Asia

By RYAN NAKASHIMA
AP Business Writer



LAS VEGAS (AP) -- Five years ago, the casino company that is now Harrah's Entertainment Inc. decided not to bid for a gambling license in the booming Chinese enclave of Macau while its competitors pushed in their chips.

Now, the world's largest casino operator faces the prospect of being shut out of Asia - regarded as the world's most dynamic gambling market - after losing its bid last week to build a new resort in Singapore's Marina Bay.

Wall Street hailed bid winner Las Vegas Sands Corp., a company that earned credibility in the Far East by becoming the first North American casino company to open shop in Macau in May 2004. Las Vegas Sands now boasts nearly double the market capitalization of Harrah's, around $25 billion, primarily because of its Asian growth prospects.

Jefferies & Company analyst Lawrence Klatzkin increased his target for Sands' shares by $8 to $88.25 after the Singapore license win. Sands now trades around $71.


Meanwhile, Harrah's is playing a game of catch-up in a region in which its Las Vegas-based competitors, Sands, MGM Mirage Inc. and Wynn Resorts Ltd., are plowing billions of dollars and counting on rich returns.

"It's a concern," said Harrah's spokesman Alberto Lopez. "It's an area of concentration. It's an area where we know that we need to move forward deftly, if you will."

Analyst Dennis Forst of Keybanc Capital Markets said the loss puts Harrah's in a difficult position.

"It is a hole in their portfolio and something that they are probably spending a lot of time analyzing how to get into both Macau and other places in the Far East," Forst said. "It puts them obviously at a disadvantage in that part of the world."



Some observers say the game is almost up.

Wynn's $1.1 billion Wynn Macau resort is set to open Sept. 5, followed by a second Sands project, the $1.8 billion The Venetian Macao next year. Also, an MGM-Pansy Ho joint venture, the MGM Grand Macau, costing about $975 million, is scheduled to be completed late next year, while others are in the works.

Macau is not likely to expand the number of gambling concessions and sub-concessions - there are six - at least through 2009 after overturning a monopoly in 2002, according to University of Macau law professor Jorge Godinho.

That leaves a second Singapore license - on the resort island of Sentosa - the only remaining opening in Asia for what could be a decade.

"Any contenders for that concession are all fully aware that it's a make-it-or-break-it decision," Godinho said. "If they fail to get a license there, well, that's it. They would have to explore other markets in Europe or other parts of the world in the immediate future."

Before the government in Macau handed out new casino licenses in 2002, many casino operators were hesitant to enter the former Portuguese colony, which once was rife with gangsters and had just reverted to Chinese control in 1999.

Lopez said Harrah's decided not to bid partly because it could not offer the upscale Caesars brand, which it acquired through a megamerger last year. And even after Wynn won a Macau license in 2002, the company stalled construction over concerns about regulations that prevented casinos from extending credit.

But when the Sands Macao opened, casino companies came to a collective realization: Asians like to gamble.

The Sands paid off the $265 million it took to build its casino within a year. Wynn quickly broke ground, then in February sold off a sub-concession to a pairing of Hong Kong-based Melco International Development Ltd. and Australian firm Publishing and Broadcasting Ltd. for a staggering $900 million.

Last year, gambling wins in Macau - the net amount players lost after all the chips were counted - rose 8 percent to $5.7 billion, surpassing the Las Vegas Strip's take of $5.3 billion.

Experts see Macau's gambling revenue growing quickly to $9 billion to $11 billion by 2010 and upward of $15 billion by 2012.

"Asia is where the future of gaming is," said David Schwartz, coordinator of the University of Nevada, Las Vegas Gaming Studies Research Center. "It's definitely proving too good of a market to stay out of."

It's not yet clear how successful gambling will be in Singapore, and Harrah's has said it has yet to decide whether to make another bid. The company spent considerable effort on its Marina Bay proposal, bringing in Hollywood director James Cameron to create attractions based on hit movies like "Titanic" and "Aliens." In March, Harrah's CEO Gary Loveman called the Singapore bid "our highest priority."

MGM and Sands have said that Sentosa is too much of a tourist playground for an integrated resort with meeting and convention space to work, and both companies have no plans to bid. Wynn boss Steve Wynn withdrew from Singapore altogether last year, complaining of government heavy-handedness in the bidding process.

Unlike Macau, where gambling existed even before the Portuguese arrived in the 16th century, Singapore only last year lifted a decades-long ban on gambling to attract tourism dollars.

William Weidner, Sands' president and chief operating officer, said its planned $3.6 billion hub in Singapore and seven more casinos it plans to develop in Macau with hotel partners, including the Four Seasons and Shangri-La, will help give it a dominant footprint in Asia.

"We believe this is the beginning of the Asian century, and with an emerging China, with an emerging India ... we ought to be able to fill our hotels profitably and contribute to the economies of Singapore and Macau greatly," he said.

Weidner said the Sands already has seen high-end gambling play double at The Venetian in Las Vegas since opening the Sands Macao, thanks to having a familiar brand to attract Asian gamblers to the United States.

"It has not been cannibalistic, it has been complementary to our business," he said.

Stifel Nicolaus & Company Inc. analyst Rod Petrik said the Sands' win in Singapore will allow it to capitalize on burgeoning demand to hold conventions and exhibitions in Asia - and geographically cover areas that Macau could not reach.

"I think the combination of those two make them one of the premier, if not the premier gaming company in the world," he said.

After losing out, Harrah's heaped praise on the Singapore bid process and said it would continue to pursue its other projects in the Bahamas, Spain and Slovenia - plans that Bear Stearns analyst Joe Greff said represent "one of the deepest and most diverse development pipelines in the sector."

Petrik read more into Harrah's statement, which included accolades for the professionalism of the Singapore Tourism Board and fondness for the country.

"There was no ticked-off attitude," Petrik said. "It certainly sounds like someone going to make another bid."
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Old June 6th, 2006, 04:16 PM   #17
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Quote:
Originally Posted by JoSin
I want to have a Universal studios in singapore.
You're not alone ! \o/
;-)
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Old June 17th, 2006, 04:22 PM   #18
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Business Times - 17 Jun 2006

A hint of Monte Carlo on Sentosa would be perfect


By SURESH MENON
FOREIGN EDITOR

THE waves caressing the coral beach are crystal clear. It's sunny, as always, and pleasantly cold. Maseratis and Lamborghinis roar along the serpentine roads near the beach. In the city centre, tourists are watching the rich and famous of the world emerge from casinos, cafes and hotels as the attendants valet-park their expensive machines. Welcome to Monte Carlo!

Ernst & Young's World Entrepreneur Award has just been concluded, the Monaco Grand Prix is a one-month-old story. More exciting events are on the calendar. Important conventions and indulgences go hand in hand to justify Monaco's privileged existence - a city in constant celebration.

Ernst & Young's programme coordinator from Singapore, Simon Yeo, in Monaco for the event, has found a decent Chinese restaurant at last in the old city. He narrowly escapes ordering a wine that costs 4,000 euros at another restaurant; someone spots just in time that there is no decimal point between the final two figures - the sum is equivalent to a whopping S$8,000!

Mr Yeo regrets this spectacular event cannot come to Singapore. He wishes the juggernaut of the world's best entrepreneurs and the assorted stars of the business world could have been strolling the beach in Sentosa. 'What a morale boost it would be for the entrepreneur in Singapore!' he says.

Who knows? Once the IRs are here, Singapore may resemble Monaco, the land of the rich and the super rich. But then again, it might not. Some of Monaco's attributes - such as the weather and the liberal social attitudes - are there as an accident of geography or history.

Monaco's fascinating history is dotted with barbarians, kings and even a movie star. It's a story of castles, epic battles and untold riches. Monaco is the country and Monte Carlo a district. The size is irrelevant. It's all in the name. In Greek, Monaco means money, right?

No tax there. It has more millionaires per capita than any other country. The apartments perched on the submissive mountain cost a fortune, even though from the outside they appear undistinguished. The balconies are deserted this morning. Where are the people, except those on the beach? Maybe Monegasques (the people of Monaco, that is) are insomniacs. Or perhaps they emerge only after sunset, to hang out at the casinos, rolling dice, playing roulette. Or to party till morning.

It was on a night, perhaps similar to the full-moon one last Saturday, that the history of this principality's ruling dynasty began. That night in 1297, Francois Grimaldi seized the fortress of Monaco from a rival Italian faction - disguised as a monk, he led a small army into the fortress and took control. The legacy is recorded on Monaco's coat of arms, which bears two monks brandishing swords.

In 1997, the Principality of Monaco celebrated the 700-year reign of the Grimaldi dynasty, supposedly the longest on the planet. Prince Albert is the present monarch and his liberal-minded rule means that his prosperous subjects and visitors to his statelet exhibit a carefree attitude.

Bare-chested women and men dot the beach, and Sunday siestas on the sand are the norm. The prince last month announced the existence of his second illegitimate child, Jazmin Grace, whose mother is American waitress Tamara Rotolo.

The prince, who has dated a number of attractive women, including supermodel Claudia Schiffer and American pole-vaulter Alicia Warlick, is yet to find a princess.

Togo-born flight attendant Nicole Coste is the mother of his first illegitimate child, Alexandre. Gossip about other liaisons occasionally surfaces in the press. But Monegasques admire the prince for his more worthy economic and charitable efforts, it seems. The monarch's mother, Princess Grace, the former American actress Grace Kelly, rests in peace in Monaco. On the way to town, someone has left a rose on her statue.

Some statistics show how Monaco is unique. It is the world's second smallest country, after The Vatican - about two-thirds the size of Sentosa island. Population? Just 32,409, including the many who have bought the right to stay here. Only one in five are citizens.

Mafia members and other criminals may frequent the place - but no trouble, please. Celebrities can walk free of attention. Monaco has the largest police force and police presence in the world, both per capita and per square kilometre. (The principality's area is two square kilometres.)

On June 11, Ernst & Young celebrated the 2006 award at the Grimaldi Forum in true Monegasque style. Impeccably choreographed acts, fireworks, confetti. Entrepreneurs from all over the world danced into the morning. The champagne never stopped flowing. Singapore's contender Vikas Goel and jury member Tay Liam Wee of Sincere Watch were at the bash. India's billionaire couples, the Birlas and Mittals, were on the floor.

Outside, the midnight moon is full and bright. Deserted streets. Deals being made indoors, toasts at the casinos. A city of tuxedos, furs and Ferraris.

At the French airport of Nice, the closest to the principality, I ask the cabbie: 'Am I supposed to tip you?'

'As you wish,' he says with his hands going up in the air. I say: 'I have no small change.'

He: 'No problem.' I pass him a 20 euro note (that is, S$40), expecting him to return what was not due to him in my scheme of things. He neatly folds the money and slides it into his wallet. 'Merci,' he says, and the Merc is gone.

The previous night, after the awards, while strolling along the moonlit beach, between the foot of the Southern Alps and the Mediterranean, I saw a man in casuals with a guitar. He was singing: 'We are all business here.'

Au revoir, Monte Carlo!

Copyright © 2005 Singapore Press Holdings Ltd. All rights reserved.
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Old June 17th, 2006, 04:46 PM   #19
Mr.ASAP
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when i read that news title, i thought that the idea of F1 is also considered in Sentosa .....Monte Carlo....
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Old June 17th, 2006, 04:56 PM   #20
babystan03
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Perhaps the author was hinting that as well....
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