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Republic Plaza (Singapore)
Republic Plaza is a skyscraper in Downtown Core, Singapore. It comprises two towers and a 10-storey podium. The first tower, Republic Plaza I, has 66 floors and a height of , and has a varying octagonal-cross section, while its interior allows for flexible space usage by tenants. The second tower, Republic Plaza II, is 23 stories tall, while the podium contains a three-floor retail area. Initially conceived by Jones Lang Wootton in the mid-1980s, development of Republic Plaza was to be carried out by a joint venture between C. Itoh, Land Equity, and several other Japanese firms. However, in July 1987, City Developments Limited (CDL) purchased two plots on the planned site of the development, and started negotiations with the partners in the joint venture regarding jointly developing the building, which resulted in CDL taking a 50% stake in the project. Further land acquisition for the project was carried out between 1987 and 1989. Construction began in December 1991, and the first ...
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Raffles Place
Raffles Place is the centre of the Financial District of Singapore and is located south of the mouth of the Singapore River. It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone of Singapore in Raffles Town Plan. It was renamed Raffles Place in 1858 and is now the site of a number of major banks. It is located in the Downtown Core within the Central Area, and features some of the tallest buildings and landmarks of the country. History Beginning The founder of modern Singapore, Sir Stamford Raffles, intended Singapore to become a "great commercial emporium". As part of his plan, he gave instructions in 1822 that a commercial area to be created on the southwest side of the Singapore River. The Garrison Engineer Lieutenant R.N. Philip Jackson, was tasked with drawing up a Town Plan based on Raffles' instructions. This commercial area was centered on Commercial Square, and was developed from 1823 to 1824. A small ...
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Itochu
is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo, Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading and investment companies) distinguished by the strength of its textile business and its successful business operations in China. Itochu was ranked 72nd on the 2020 list of Fortune Global 500 companies, with an annual trading revenue of US$100 billion. Current business overview Itochu's business has eight major operational divisions, "Division Company". * Textile Company: Itochu trades in raw materials and finished apparel, and also has a brand business. It owns a portfolio of investments and rights in well-known fashion brands including Converse (shoe company), Converse, Hunting World, LeSportsac, Mila Schön and Paul Smith (fashion designer), Paul Smith. In 2018, Itochu acquired the Japanese Master License and exclusive distribution rights for the Laura Ashley plc, Laura Ashley brand. * Machinery Company: ...
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MUFG Bank
is a Japanese bank and the core banking subsidiary of the Mitsubishi UFJ Financial Group (MUFG). It was established on January 1, 2006 through the merger of the and , two major banking groups that themselves were the product of recent banking mergers. The bank was first named Bank of Tokyo Mitsubishi UFJ, initialed as BTMU, before rebranding as MUFG Bank in July 2018. MUFG Bank, along with Sumitomo Mitsui Banking Corporation and Mizuho Bank, is recognized as one of the three so-called megabanks in Japan. As of June 23, 2019, it was ranked as the largest bank in Japan and the third largest in the world. The bank's head office is in Marunouchi, Chiyoda, Tokyo , known as Chiyoda City in English,
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, and it has 772 other offices in Japan and 76 offic ...
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Goh Chok Tong
Goh Chok Tong (born 20 May 1941) is a Singaporean former politician who served as the second prime minister of Singapore from 1990 to 2004 and as a senior minister of Singapore from 2004 to 2011. He served as the secretary-general of the People's Action Party (PAP) from 1992 to 2004 and was the member of Parliament (MP) for Marine Parade SMC from 1976 to 1988, and Marine Parade GRC from 1988 to 2020. Prior to his appointment as prime minister, he was the country's deputy prime minister, where he advocated for the Medisave, a savings scheme that allows Singaporeans to set aside part of their income into a Medisave account to meet future medical expenses. Goh also advocated for the Edusave Awards, a monetary reward for students who did well in school based on either their academic achievements or character to enshrine meritocracy. Shortly before and during his tenure as prime minister, Goh proposed political reforms like the introduction of Non-Constituency Members of Par ...
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Prime Minister Of Singapore
The prime minister of Singapore, is the head of government of Singapore. The President of Singapore, president appoints the prime minister on the advice and consent of the Cabinet of Singapore. The incumbent prime minister is Lawrence Wong, who took office on 15 May 2024. Singapore is modelled after the Westminster system. The prime minister only governs with the Confidence and supply, confidence of the majority in Parliament of Singapore, Parliament; as such, the prime minister typically sits as a member of Parliament (MP) and leads the largest party or a Coalition government, coalition of parties. In practice, the prime minister is the leader of the majority party in Parliament. History The office of prime minister succeeded the office of Chief Minister of Singapore, chief minister in 1959 after Singapore had attained Self-governance of Singapore, self-governance from the United Kingdom, as the State of Singapore, with Lee Kuan Yew being sworn in as the first prime minist ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and The Travelers Companies, Travelers; Travelers was spun off from the company in 2002. Citigroup is the List of largest banks in the United States, third-largest banking institution in the United States by assets; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board, and is commonly cited as being "too big to fail". It is one of the eight global investment banks in the Bulge Bracket. Citigroup is ranked 36th on the Fortune 500, ''Fortune'' 500, and was ranked #24 in Fo ...
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Groundbreaking
Groundbreaking, also known as cutting, sod-cutting, turning the first sod, turf-cutting, or a sod-turning ceremony, is a traditional ceremony in many cultures that celebrates the first day of construction for a building or other project. Such ceremonies are often attended by dignitaries such as politicians and businesspeople. The shovel used during the groundbreaking is often a special ceremonial shovel, sometimes colored gold, meant to be saved for subsequent display and may be engraved. In other groundbreaking ceremonies, a bulldozer is used instead of a shovel to mark the first day of construction. In some groundbreaking ceremonies, the shovel and the bulldozer mark the first day of construction. In other places, this ceremony can be replaced by a "laying of the first stone" event. Meaning When used as an adjective, the term ''groundbreaking'' may mean being or making something that has never been done, seen, or made before, "stylistically innovative works". History Groun ...
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Mitsubishi Bank
The was a major Japanese bank headquartered in Tokyo, founded in 1880. For much of the 20th century it was one of the largest Japanese banks, together with Dai-Ichi Bank, Mitsui Bank, Sumitomo Bank, and Yasuda / Fuji Bank. It served as the main bank for the Mitsubishi conglomerate. In 1948, the Mitsubishi conglomerate was dismantled and the bank was renamed after the Chiyoda, Tokyo, Chiyoda district in Tokyo, then reverted to the Mitsubishi name in 1953. Mitsubishi Bank merged with the Bank of Tokyo in 1996 to form Bank of Tokyo-Mitsubishi, a predecessor of Mitsubishi UFJ Financial Group. Overview The bank's operations date to 1880, when Mitsubishi group founder Yataro Iwasaki established the in Tokyo. Mitsubishi acquired the business of the Tokyo, Oita and Hakodate-based 119th National Bank in 1885, and spun this business off to an independent Mitsubishi Bank in 1919. The bank opened branches in London and New York in 1920. By 1929, Mitsubishi Bank had only 3 offices outs ...
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The Sumitomo Bank
was a major Japanese bank, founded 1895 in Osaka and a central component of the Sumitomo Group. For much of the 20th century it was one of the largest Japanese banks, together with Dai-Ichi Bank, Mitsubishi Bank, Mitsui Bank, and Yasuda / Fuji Bank. In 1948, it was renamed Osaka Bank, but reverted to Sumitomo Bank in 1952. On , Sumitomo Bank merged with Sakura Bank to form Sumitomo Mitsui Banking Corporation. History Sumitomo Bank was established as a private enterprise in November 1895 and reorganized as a limited company with 15 million yen of capital in March 1912. It opened overseas branches during the World War I era as the Sumitomo zaibatsu business became more international. By 1929, Sumitomo Bank had 8 offices outside of Japan and its colonies, more than any of its commercial banking peers though less than the Yokohama Specie Bank, Bank of Chōsen and Bank of Taiwan for which foreign trade was part of a public-interest mandate under special legislation. After World ...
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The Bank Of Tokyo
was a Japanese foreign exchange bank that operated from 1946 to 1996. In January 1996, it merged with Mitsubishi Bank to form The Bank of Tokyo-Mitsubishi (now MUFG Bank). Its headquarters was in the Nihonbashi district of Tokyo, adjacent to the Bank of Japan. BOT was the successor to the Yokohama Specie Bank, a state-chartered foreign exchange bank, and initially operated as an ordinary bank using the YSB's assets. In 1954 it became registered as a specialized foreign exchange bank, and closed all of its business unrelated to foreign trade. BOT became a close partner of the Ministry of Finance and the Japan Bank for International Cooperation in directing Japan's foreign trade policy during the postwar era. BOT had major operations in New York and London, and developed an early system to settle payments between Japanese yen and Chinese yuan during a time when direct foreign exchange was not possible. Due to the peculiarly international nature of its business, BOT was the only Ja ...
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CapitaLand
CapitaLand Group Pte. Ltd. is a Singaporean headquartered company focusing on investment, development and management of real estate. The company has a presence in over 260 cities across more than 40 countries. CapitaLand has six listed real estate investment trusts and business trusts, as well as about 30 private vehicles. CapitaLand entered the REIT market in Singapore with the listing of CapitaLand Mall Trust in 2002. Its portfolio of REITs has since expanded to include CapitaLand Ascott Trust, CapitaLand China Trust, CapitaLand Ascendas REIT, CapitaLand India Trust, and CapitaLand Malaysia Trust. In August 2021, CapitaLand's shareholders voted in favour for the company to restructure its business to form two distinct entities; CapitaLand Investment (CLI), its real estate investment management business; and CapitaLand Development, its privately held property development arm. Later on 20 September, CLI debuted on the Singapore Stock Exchange under the trading name Capi ...
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Business Times (Singapore)
''The Business Times'' is a Singaporean financial newspaper under SPH Media, a media organisation with businesses in print, digital, radio, and outdoor media in Singapore. The paper is published Monday to Saturday, with the Saturday edition called ''The Business Times Weekend''. It had a circulation (print and digital) of 39,500. Ownership It is part of the SPH Media group which also publishes ''The Straits Times'', ''Berita Harian'' and ''The New Paper''. History It is an English-language newspaper published since 1 October 1976. Prior to this, it was a supplement in ''The Straits Times''. The paper was launched on 15 July 1976, and the special presentation issue prior to the launch of the paper featured George Magnus. The staff was first headed by Tsai Tan, who became the first female editor of a daily newspaper in Singapore. In 1989, the newspaper won the Media Philanthropic Appeals category of the International Advertising Festival in New York New York most commonly r ...
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