Financial Times, 27 Mar 2009, John Burton
Singapore has the ambition to become the Monaco of Asia, with all the attributes for which the European principality is well-known.
The south-east Asian city-state held its first Formula One grand prix last September. Super-yachts are berthed at new luxury harbour facilities. The first casino resort is scheduled to open this year. And dozens of international private banks have sprouted since 2004 as the government has made a concerted push to establish the country as the regional centre for wealth management services.
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