The Forgotten Man of Marina Bay Sands

Shing Huei Peh

Chapter 16 in Strictly Business:The Kwek Leng Beng Story, 2023, pp 162-173 from World Scientific Publishing Co. Pte. Ltd.

Abstract: When Singapore Prime Minister Lee Hsien Loong announced in August 2004 that his government would consider breaking decades-old taboo to build a casino, reactions from the society were a volatile cocktail of excitement, concern and outright fear. But there were no such mixed feelings for Kwek Leng Beng. He knew immediately that it was the right decision to reinvent the country’s economy and image, a change which could fundamentally alter Singapore’s global reputation. While some demurred publicly on grounds of morals and mores, he openly plumped for it. “Singapore must move with the times. We should nurture a mindset change,” he told the local media in the weeks after the news. In good measure, he suggested where the landmark casino ought to be built — on the empty reclaimed Marina Bay which The Sail looked out to…

Keywords: Kwek Leng Beng; Hong Leong Group; Hong Leong; Singapore; Millennium Hotel; Millenium Hotel; 9/11; The Plaza; authorised biography; CDL; City Development Ltd; Donald Trump (search for similar items in EconPapers)
JEL-codes: L2 L21 L26 L85 M1 M13 M16 R3 (search for similar items in EconPapers)
Date: 2023
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