Monthly Archives: September 2009

One-north cluster for talent growth

SINGAPORE is setting up a hub for talent development and is seeking business schools, institutions and corporations to form a cluster at one-north, at Buona Vista, to help achieve this goal.

The initiative – called Singapore Link – unveiled by Prime Minister Lee Hsien Loong yesterday is aimed at anchoring Singapore as the regional centre for developing talent and leadership training.

Link, short for Leadership Initiative for building Networks and Knowledge, wants to attract big-name business schools, companies and ‘corporate universities’ to work together on talent development in an Asian context.

Corporate universities refer to multinationals like Citigroup, GE and UBS which have their own corporate schools to train employees for management roles.

The Economic Development Board (EDB), which is driving the Singapore Link initiative, said the Link ‘campus’ – the pool of institutions involved – will be run in a similar way to Biopolis. Continue reading

Ascott secures contract for serviced residence in Vietnam

The Ascott Group has secured a contract to manage a serviced residence property in Vietnam’s third largest city, Hai Phong.

It clinched the contract through Thuy Duong Investment Joint Stock Company, an established real estate company with developments across Vietnam’s major cities.

To be called Somerset Central TD, this will be Ascott’s first serviced residence property in the coastal city of Hai Phong and its seventh in Vietnam.

It is slated to open in the second half of next year and will offer 132 units ranging from studio to three-bedroom apartments.

The new property brings Ascott’s portfolio in Vietnam to 1,182 units across three cities – Hanoi, Ho Chi Minh City and now Hai Phong.

Ascott is the serviced residence arm of property developer CapitaLand.

Source : ChannelNews Asia – 30 Sep 2009