Singapore 2006
Encyclopedia
Singapore 2006 was a group of several concurrent events that were held in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

 in support of the 61st Annual Meetings
Annual Meetings of the International Monetary Fund and the World Bank Group
The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring in the Spring Meetings of the International Monetary Fund and the World Bank Group...

 of the Boards of Governors of the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

 and the World Bank Group
World Bank Group
The World Bank Group is a family of five international organizations that makes leveraged loans, generally to poor countries.The Bank came into formal existence on 27 December 1945 following international ratification of the Bretton Woods agreements, which emerged from the United Nations Monetary...

. The opening ceremony
Opening ceremony
An opening ceremony is the official opening of a building or event. The opening ceremonies of the Olympic Games and the FIFA World Cup are huge events involving thousands of participants and watched by a massive worldwide audience. On a much smaller scale, some ceremonies mark the opening of a...

 and plenary session
Plenary session
Plenary session is a term often used in conferences to define the part of the conference when all members of all parties are to attend.These sessions may contain a broad range of content from keynotes to panel discussions and are not necessarily related to a specific style of delivery.The term has...

s for the main meetings took place from 19–20 September 2006 at the Suntec Singapore International Convention and Exhibition Centre (SSICEC) in Marina Centre
Marina Centre
Marina Centre is a zone of reclaimed land within the Downtown Core in the southern part of Singapore. Together with the Marina South area, it encloses the sheltered Marina Bay....

. The minister
Minister (government)
A minister is a politician who holds significant public office in a national or regional government. Senior ministers are members of the cabinet....

s of G8
G8
The Group of Eight is a forum, created by France in 1975, for the governments of seven major economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1997, the group added Russia, thus becoming the G8...

, G10
Group of Ten (economic)
The Group of Ten or G-10 refers to the group of countries that have agreed to participate in the General Arrangements to Borrow...

 and G24 concided with the event on 16 September. Registration for event delegates began on 11 September 2006 at City Hall
City Hall, Singapore
The City Hall in Singapore is a national monument gazetted on 14 February 1992. Located in front of the historical Padang and next door to the Supreme Court of Singapore, it was designed and built by the architects of the municipal government, A. Gordans and F. D. Meadows from 1926 to 1929...

, and the three-day Program of Seminars from 16 September 2006 at the Pan Pacific Singapore. Other concurrent events that were held at various venues include the Singapore Biennale 2006
Singapore Biennale
The Singapore Biennale is a contemporary art biennale in Singapore. The first Singapore Biennale operated as one of a lineup of Singapore 2006 events. Fumio Nanjo, Director of Tokyo's Mori Art Museum, has been reappointed Artistic Director of the Singapore Biennale 2008...

 (4 September - 12 November), the Raffles Forum 2006 (14–15 September), Indonesia Day (17 September) and the Global Emerging Markets Investors Forum and Networking Reception (18 September).

Event organisers expected a turnout of about 16,000 delegates and observers, but saw a record 23,000 delegate
Delegate
A delegate is a person who speaks or acts on behalf of an organization at a meeting or conference between organizations of the same level A delegate is a person who speaks or acts on behalf of an organization (e.g., a government, a charity, an NGO, or a trade union) at a meeting or conference...

s and 300 finance minister
Finance minister
The finance minister is a cabinet position in a government.A minister of finance has many different jobs in a government. He or she helps form the government budget, stimulate the economy, and control finances...

s registering themselves, the largest turnout for an overseas annual meeting. It is the largest meeting in Singapore's history, and other meetings include the 117th IOC Session
117th IOC Session
The 117th International Olympic Committee Session was held for the first time in Singapore from 2 July to 9 July 2005. The meeting was particularly significant as two important decisions were made through voting during the session - namely the selection of the hosting city for the 2012 Summer...

 and the WTO Ministerial Conference 1996. The meeting's key focus was to improve the lives of the people in developing nations, with many member nations calling for a louder voice, especially for developing countries. Dominating issues include quota
Droop Quota
The Droop quota is the quota most commonly used in elections held under the Single Transferable Vote system. It is also sometimes used in elections held under the largest remainder method of party-list proportional representation . In an STV election the quota is the minimum number of votes a...

s and voting rights in the IMF, in turn decides on the policies on the prevention and management of financial crises
Financial crisis
The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these...

. The event ended with the main achievement being the reform of the IMF system, the main topics were the prospects of and the risk of the global economy
Economic globalization
Economic globalization refers to increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, service, technology and capital...

.

Emblem

The emblem for the 2006 annual meetings of the IMF and the World Bank Group is gold
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

 in colour, with lines and a bud in the emblem. Gold is selected for the emblem as it relates to the financial sector
Economy of Singapore
Singapore has a highly developed state capitalist mixed economy; the state owns stakes in firms that comprise perhaps 60% of the GDP through entities such as the sovereign wealth fund Temasek...

 and the country's contributions to the world economy
World economy
The world economy, or global economy, generally refers to the economy, which is based on economies of all of the world's countries, national economies. Also global economy can be seen as the economy of global society and national economies – as economies of local societies, making the global one....

. It exemplifies excellence and strength, which characterise Singapore as a region
Region
Region is most commonly found as a term used in terrestrial and astrophysics sciences also an area, notably among the different sub-disciplines of geography, studied by regional geographers. Regions consist of subregions that contain clusters of like areas that are distinctive by their uniformity...

al business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

 and financial
FINANCIAL
FINANCIAL is the weekly English-language newspaper with offices in Tbilisi, Georgia and Kiev, Ukraine. Published by Intelligence Group LLC, FINANCIAL is focused on opinion leaders and top business decision-makers; It's about world’s largest companies, investing, careers, and small business. It is...

 centre. The tones point towards the increase in the wealth of the nations, with expanding richness and scope for the people. The bud may appear to represent the plurality of ideas and cultures at the event. It also symbolises the life in the city-state, that brings forth its potential for growth in the global market. With its curve, the spine depicts the horizon of the world. The stylised lines are the longitude
Longitude
Longitude is a geographic coordinate that specifies the east-west position of a point on the Earth's surface. It is an angular measurement, usually expressed in degrees, minutes and seconds, and denoted by the Greek letter lambda ....

s, to represent the connection of countries and world leaders at the annual meetings. Petals are to signify the unity of leaders to have a common goal at the meetings. The lines also depict the congruent roles countries have to achieve international cooperation for growth in the world.

Preparations

On 30 September 2002, Lim Hng Kiang
Lim Hng Kiang
Lim Hng Kiang is a politician from Singapore. A member of the governing People's Action Party , he is currently the country's Minister for Trade and Industry. He previoulsy served as the Minister for National Development , Minister for Health , and as a Minister in the Prime Minister's Office...

 who was then the Second Minister for Finance
Minister for Finance (Singapore)
The Minister for Finance is an appointment in the Cabinet of Singapore and heads the Ministry of Finance. Tharman Shanmugaratnam, who was Second Minister for Finance, took over the ministership on 2007-12-01 when Prime Minister Lee Hsien Loong relinquished the Finance post ....

, Minister for Health and the Deputy Chairman for the Monetary Authority of Singapore
Monetary Authority of Singapore
The Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority...

, announced Singapore as the host of the annual meetings for 2006. The Memorandum of Understanding
Memorandum of understanding
A memorandum of understanding is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in...

 was signed on 23 September 2003 at Dubai International Convention Center by Lim, International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

 managing director Horst Köhler
Horst Köhler
Horst Köhler is a German politician of the Christian Democratic Union. He was President of Germany from 2004 to 2010. As the candidate of the two Christian Democratic sister parties, the CDU and the CSU, and the liberal FDP, Köhler was elected to his first five-year term by the Federal Assembly on...

, and president of the World Bank Group
World Bank Group
The World Bank Group is a family of five international organizations that makes leveraged loans, generally to poor countries.The Bank came into formal existence on 27 December 1945 following international ratification of the Bretton Woods agreements, which emerged from the United Nations Monetary...

 James Wolfensohn
James Wolfensohn
Sir James David Wolfensohn AO KBE FKC was the ninth president of the World Bank Group.-Early life:James Wolfensohn was born in Sydney, Australia, on 1 December 1933...

.

Venue and logistics

Pico Art International, a local event marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...

 corporation, was assigned to prepare the event venue. Pico had participated in major past events such as the 117th IOC Session
117th IOC Session
The 117th International Olympic Committee Session was held for the first time in Singapore from 2 July to 9 July 2005. The meeting was particularly significant as two important decisions were made through voting during the session - namely the selection of the hosting city for the 2012 Summer...

, 2006 Commonwealth Games
2006 Commonwealth Games
The 2006 Commonwealth Games were held in Melbourne, Victoria, Australia between 15 March and 26 March 2006. It was the largest sporting event to be staged in Melbourne, eclipsing the 1956 Summer Olympics in terms of the number of teams competing, athletes competing, and events being held.The site...

 and the 2004 Summer Olympics
2004 Summer Olympics
The 2004 Summer Olympic Games, officially known as the Games of the XXVIII Olympiad, was a premier international multi-sport event held in Athens, Greece from August 13 to August 29, 2004 with the motto Welcome Home. 10,625 athletes competed, some 600 more than expected, accompanied by 5,501 team...

. They built over a thousand double storey offices in 35 days, or three office units per hour. The structures within the convention centre were taken down nine days after the meetings. These double storey offices were air-conditioned, equipped with light
Light
Light or visible light is electromagnetic radiation that is visible to the human eye, and is responsible for the sense of sight. Visible light has wavelength in a range from about 380 nanometres to about 740 nm, with a frequency range of about 405 THz to 790 THz...

ing, telephone
Telephone
The telephone , colloquially referred to as a phone, is a telecommunications device that transmits and receives sounds, usually the human voice. Telephones are a point-to-point communication system whose most basic function is to allow two people separated by large distances to talk to each other...

s and internet connection. It had 41 staircases and five elevator
Elevator
An elevator is a type of vertical transport equipment that efficiently moves people or goods between floors of a building, vessel or other structures...

s. One thousand tons of steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...

, over 100,000 pieces of wall
Wall
A wall is a usually solid structure that defines and sometimes protects an area. Most commonly, a wall delineates a building and supports its superstructure, separates space in buildings into rooms, or protects or delineates a space in the open air...

 panels, 25,000 m² of carpet
Carpet
A carpet is a textile floor covering consisting of an upper layer of "pile" attached to a backing. The pile is generally either made from wool or a manmade fibre such as polypropylene,nylon or polyester and usually consists of twisted tufts which are often heat-treated to maintain their...

ing, 32,000 pieces of ceiling boards, 3,000 light
Light
Light or visible light is electromagnetic radiation that is visible to the human eye, and is responsible for the sense of sight. Visible light has wavelength in a range from about 380 nanometres to about 740 nm, with a frequency range of about 405 THz to 790 THz...

s and 15,000 pieces of furniture
Furniture
Furniture is the mass noun for the movable objects intended to support various human activities such as seating and sleeping in beds, to hold objects at a convenient height for work using horizontal surfaces above the ground, or to store things...

 were needed for the construction of these offices.

The main venue, Suntec Singapore International Convention and Exhibition Centre, received a facelift
Facelift
Facelift is the common name for rhytidectomy, a cosmetic surgery procedure.Facelift may also refer to:* Facelift , the revival of a product through cosmetic means such as changing its appearance...

 with an upgraded lobby
Lobby (room)
A lobby is a room in a building which is used for entry from the outside. Sometimes referred to as a foyer or an entrance hall.Many office buildings, hotels and skyscrapers go to great lengths to decorate their lobbies to create the right impression....

, entrance and a facade
Facade
A facade or façade is generally one exterior side of a building, usually, but not always, the front. The word comes from the French language, literally meaning "frontage" or "face"....

 which was lighted at night
Night
Night or nighttime is the period of time when the sun is below the horizon. This occurs after dusk. The opposite of night is day...

. 100,000 flower
Flower
A flower, sometimes known as a bloom or blossom, is the reproductive structure found in flowering plants . The biological function of a flower is to effect reproduction, usually by providing a mechanism for the union of sperm with eggs...

s and shrub
Shrub
A shrub or bush is distinguished from a tree by its multiple stems and shorter height, usually under 5–6 m tall. A large number of plants may become either shrubs or trees, depending on the growing conditions they experience...

s were used to beautify the landscape
Landscape
Landscape comprises the visible features of an area of land, including the physical elements of landforms such as mountains, hills, water bodies such as rivers, lakes, ponds and the sea, living elements of land cover including indigenous vegetation, human elements including different forms of...

 around the area as well as other parts of the island, including Orchard Road
Orchard Road
Orchard Road is a road in Singapore that is the retail and entertainment hub of the city-state. It is regularly frequented by the local population as well as being a major tourist attraction...

, Suntec's vicinity as well as the East Coast Parkway
East Coast Parkway
The East Coast Parkway is an expressway that runs along the southeastern coast of Singapore. The expressway is approximately in length, and connects Singapore Changi Airport in the east to the Benjamin Sheares Bridge in the south of the main island before it links with the Ayer Rajah Expressway...

. These plants included frangipani trees, fox palms and heliconia
Heliconia
Heliconia, derived from the Greek word helikonios, is a genus of about 100 to 200 species of flowering plants native to the tropical Americas and the Pacific Ocean islands west to Indonesia. Many species of Heliconia are found in rainforests or tropical wet forests of these regions...

s, as well as other types of plants, coming in different colours, shapes and sizes, planted along pavements
Sidewalk
A sidewalk, or pavement, footpath, footway, and sometimes platform, is a path along the side of a road. A sidewalk may accommodate moderate changes in grade and is normally separated from the vehicular section by a curb...

 and road dividers. This showcased the tropical plants of the island to the world as well. Flyover
Overpass
An overpass is a bridge, road, railway or similar structure that crosses over another road or railway...

s and the City Hall
City Hall, Singapore
The City Hall in Singapore is a national monument gazetted on 14 February 1992. Located in front of the historical Padang and next door to the Supreme Court of Singapore, it was designed and built by the architects of the municipal government, A. Gordans and F. D. Meadows from 1926 to 1929...

 undergone repainting and works to repave the areas near Suntec City were pushed forward to prepare for the annual meetings. Also, walkway
Walkway
In US English, a walkway is a composite or umbrella term for all engineered surfaces or structures which support the use of trails. These include sidewalks, footbridges, stiles, stairs, ramps, paseos or tunnels...

s have been resurfaced by the Land Transport Authority
Land Transport Authority
The Land Transport Authority is a statutory board under the Ministry of Transport of the Singapore Government.-History:...

. At Singapore Changi Airport
Singapore Changi Airport
Singapore Changi Airport , Changi International Airport, or simply Changi Airport, is the main airport in Singapore. A major aviation hub in Southeast Asia, it is about north-east from the commercial centre in Changi, on a site....

, posters were put around the terminals of the airport to welcome the delegates from different countries.

Publicity

A campaign known as Four Million Smiles
Four Million Smiles
Four Million Smiles was the theme of an advertising campaign in Singapore by the Singapore 2006 Organising Committee, sponsored by the government of Singapore. The advertising campaign encouraged Singaporeans to smile more in preparation of the 61st Annual Meetings of the International Monetary...

was launched in July 2006 by Prime Minister
Prime Minister of Singapore
The Prime Minister of the Republic of Singapore is the head of the government of the Republic of Singapore. The President of Singapore appoints as Prime Minister a Member of Parliament who, in his opinion, is most likely to command the confidence of a majority of MPs.The office of Prime Minister...

 Lee Hsien Loong
Lee Hsien Loong
Lee Hsien Loong is the third and current Prime Minister of Singapore. He is married to Ho Ching, who is the Executive Director and Chief Executive Officer of Temasek Holdings. He is the eldest son of Singapore's first Prime Minister Lee Kuan Yew....

 to prepare the service sector for the event. Lim Hwee Hwa is the Minister appointed to lead the Organising Committee of the event.

Security

As Singapore had been a prime terrorism target
Singapore embassies attack plot
The Singapore embassies attack plot was a plan in 2001 by Jemaah Islamiyah to bomb the diplomatic missions and attack personnel of the United States, Australia, the United Kingdom, and Israel based in Singapore. There were also several other targets. The plot was uncovered in December 2001 and as...

 and because of violent protests at previous meets in other cities, the government used this to justify maintaining overwhelming amounts of security in and around the vicinity of the main events. The Singapore Police Force
Singapore Police Force
The Singapore Police Force is the main agency tasked with maintaining law and order in the city-state. Formerly known as the Republic of Singapore Police , it has grown from an 11-man organisation to a 38,587 strong force...

 was entrusted with planning and implementing security arrangements and the enforcement of law and order, with the support of Aetos
Aetos Security Management
AETOS Security Management, a wholly owned subsidiary of Temasek Holdings, provides security solutions to a diverse clientele.Established in 2004, AETOS commenced operations following the strategic merger of the Auxiliary Police Forces of PSA Corporation Ltd, Singapore Technologies Kinetics Ltd and...

 and CISCO auxiliary police forces. These arrangements include the main venue's operations, border security, as well as island-wide operations.

Over 10,000 police officers are being deployed in the Marina Centre
Marina Centre
Marina Centre is a zone of reclaimed land within the Downtown Core in the southern part of Singapore. Together with the Marina South area, it encloses the sheltered Marina Bay....

 area and other meeting and event venues, including Police national servicemen called back as part of their reservist
Reservist
A reservist is a person who is a member of a military reserve force. They are otherwise civilians, and in peacetime have careers outside the military. Reservists usually go for training on an annual basis to refresh their skills. This person is usually a former active-duty member of the armed...

 obligations and officers from the Volunteer Special Constabulary
Volunteer Special Constabulary
The Volunteer Special Constabulary is an important component of the Singapore Police Force, contributing more than fifty years of volunteer service to the nation...

. The traffic police deployed officers at all key junctions to direct traffic due to road closures, officers from the Gurkha Contingent
Gurkha Contingent
The Gurkha Contingent is a line department of the Singapore Police Force. Members of the GC are trained to be highly-skilled and are selected for their display of strong discipline and dedication in their tasks...

 and the Key Installation Protection Unit conduct patrols around the vicinity and at entrances to the barricaded areas, while regular officers ensure law and order within the convention venue and in surrounding hotels.

Security is exceptionally tight in the Suntec City area, with barricade
Barricade
Barricade, from the French barrique , is any object or structure that creates a barrier or obstacle to control, block passage or force the flow of traffic in the desired direction...

s being put up near the area's vicinity. The Suntec Singapore International Convention and Exhibition Centre has been closed to public during this period, and several car park entrances to the mall have been closed to the public. During the event, Suntec City and the convention centre is being taken care of by the Singapore Police Force
Singapore Police Force
The Singapore Police Force is the main agency tasked with maintaining law and order in the city-state. Formerly known as the Republic of Singapore Police , it has grown from an 11-man organisation to a 38,587 strong force...

 and CISCO Security, with many policemen patrolling the mall and the convention centre. Vehicle checks are done by the police when they enter the carparks. The overhead bridge from CityLink Mall
CityLink Mall
CityLink Mall is Singapore's first underground mall, located within the One Raffles Link development at Marina Centre. Opened in 1 July 2000, the 5,600 square metre underground mall connects City Hall MRT Station and Esplanade MRT Station on the Mass Rapid Transit, and to Suntec City Mall,...

 to Suntec City
Suntec City
Suntec City is a major multi-use development located in Marina Centre, a subzone of the Downtown Core Planning Area in Singapore.- Design :Suntec City was designed by Tsao & McKown Architects with emphasis on Chinese geomancy . The five buildings and the convention center are arranged so that they...

 has been closed to the public for the meetings. A security office has been temporarily built at the main entrance of Suntec City Mall with metal detector
Metal detector
A metal detector is a device which responds to metal that may not be readily apparent.The simplest form of a metal detector consists of an oscillator producing an alternating current that passes through a coil producing an alternating magnetic field...

s and x-ray
X-ray
X-radiation is a form of electromagnetic radiation. X-rays have a wavelength in the range of 0.01 to 10 nanometers, corresponding to frequencies in the range 30 petahertz to 30 exahertz and energies in the range 120 eV to 120 keV. They are shorter in wavelength than UV rays and longer than gamma...

 machines being installed, and other security facilities. These machines have also been installed at SICEC for the delegates and CSO protestors.

Pre-meetings events

Road closures in the vicinity of the event venues came into effect on the night of 10 September 2006, with police presence increased substantially within SICEC and in adjoining hotels. There was a notable drop in traffic volume around the area even during the morning peak hours, and traffic remained relatively smooth. Meeting delegates commenced officially at City Hall
City Hall, Singapore
The City Hall in Singapore is a national monument gazetted on 14 February 1992. Located in front of the historical Padang and next door to the Supreme Court of Singapore, it was designed and built by the architects of the municipal government, A. Gordans and F. D. Meadows from 1926 to 1929...

 on 11 September 2006, 0800 hours (SST
Singapore Standard Time
Singapore Standard Time or Singapore Time based in Singapore uses a time zone eight hours in advance of UTC .- History :...

). There was a lack of taxi
Taxicab
A taxicab, also taxi or cab, is a type of vehicle for hire with a driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of their choice...

s in Marina Centre
Marina Centre
Marina Centre is a zone of reclaimed land within the Downtown Core in the southern part of Singapore. Together with the Marina South area, it encloses the sheltered Marina Bay....

, and booking a taxi was slow, and long queues at taxi stands were seen. The road diversion has caused Marina Mandarin Singapore
Marina Mandarin Singapore
The Marina Mandarin Singapore is 575-room, five-star hotel located at 6 Raffles Boulevard in Marina Centre, Singapore. Built as part of the Marina Square commercial complex and opened in 1987, it was closed and underwent a major upgrading programme from 15 May 2005 to 31 August 2005 and at a cost...

 to get its porter
Porter (railroad)
A porter is a railway employee assigned to assist passengers aboard a passenger train or to handle their baggage; it may be used particularly to refer to employees assigned to assisting passengers in the sleeping cars....

s to flag taxis from the main road. Taxi companies reported no increase in taxi bookings in the area. However, at Singapore Changi Airport
Singapore Changi Airport
Singapore Changi Airport , Changi International Airport, or simply Changi Airport, is the main airport in Singapore. A major aviation hub in Southeast Asia, it is about north-east from the commercial centre in Changi, on a site....

 cabbies had complained the wait of the delegates have been long. Taxi operator Comfort says it is aware of the situation and will work with the organisers of the event and nearby hotels on the call bookings. They added they will increase the number of taxis in the Marina Centre area.

It has been reported that some technical and maintenance
Maintenance, Repair and Operations
Maintenance, repair, and operations or maintenance, repair, and overhaul involves fixing any sort of mechanical or electrical device should it become out of order or broken...

 crew at SICEC has been barred entry to their workplace for months. The reason was due to they have not received their passes from the organisers. An anonymous worker told the press that their passes had several problems on it. They were issued temporary passes earlier in September, but they have since expired. They were not let in without proper credentials. The workers who do not have passes have been given a day off from work, whereas the rest who had passes worked double to get ready for the meetings. An industry source stated that about 200 to 300 workers faced the same problem with their passes. The managing director from Showtec Corporation told the press around twenty of his crew were sent home as no pass have been issued to them, despite most of them submitted their forms a few months ago. A full strength of sixty is required to run the meetings. He added that a number of the passes did not come with an “S” at the bottom left hand corner of the card, which is a security feature for the person to be allowed into the Programme of Seminars which brings all the minister
Minister (government)
A minister is a politician who holds significant public office in a national or regional government. Senior ministers are members of the cabinet....

s and high-level delegate
Delegate
A delegate is a person who speaks or acts on behalf of an organization at a meeting or conference between organizations of the same level A delegate is a person who speaks or acts on behalf of an organization (e.g., a government, a charity, an NGO, or a trade union) at a meeting or conference...

s from 184 countries.

It has been reported shops at Suntec City Mall which is inside the convention centre have seen a drop in business from 30% to 70%, this came after the area was secured on Sunday night. Several restaurants saw no crowd at the restaurants, this also affected nearby Marina Square
Marina Square
Marina Square is a shopping mall in Singapore which opened in the late 1980s. It is part of the first building complex built on the reclaimed land at Marina Centre, and was the largest shopping mall in the country at the time...

. Suntec City has also given promotions to its shoppers to attract shoppers, and special privileges have been given to the delegates for the meetings.

13 September

Meetings and other events will officially commence on this day. 23,000 delegates had registered on this day to attend the meetings. The Singapore Changi Airport
Singapore Changi Airport
Singapore Changi Airport , Changi International Airport, or simply Changi Airport, is the main airport in Singapore. A major aviation hub in Southeast Asia, it is about north-east from the commercial centre in Changi, on a site....

 officially completes renovations at Terminal 2 after three years of upgrading. The IMF chief Rodrigo de Rato has criticised attempts made by the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

 and some other nations to depress fuel
Fuel
Fuel is any material that stores energy that can later be extracted to perform mechanical work in a controlled manner. Most fuels used by humans undergo combustion, a redox reaction in which a combustible substance releases energy after it ignites and reacts with the oxygen in the air...

 prices, and advocated raising prices, instead of tax break
Tax break
Tax break is a slang term referring to any item which reduces tax, including any tax exemption, tax deduction, or tax credit. Tax break is also a pejorative term used in the United States to refer to purportedly favorable tax treatment of any class of persons, as in "individuals get a tax break...

s or subsidies at the Organization of the Petroleum Exporting Countries seminar on the first day of the conference. He added that domestic pricing policies for refined fuel should reflect the scarcity of the resource, and high world crude oil prices. He acknowledged there would be some political resistance to raise the oil prices, but he mentioned successful experiences in Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...

, Jordan
Jordan
Jordan , officially the Hashemite Kingdom of Jordan , Al-Mamlaka al-Urduniyya al-Hashemiyya) is a kingdom on the East Bank of the River Jordan. The country borders Saudi Arabia to the east and south-east, Iraq to the north-east, Syria to the north and the West Bank and Israel to the west, sharing...

 and the United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...

. He called for adequate investment in the oil industry to ease concerns about oil supply in the later years, and appealed oil producing countries to balance the spending and savings for future generations. The IMF warned that the global markets faces a risk of a major setback, including an economic downturn in the United States, falling home
Home
A home is a place of residence or refuge. When it refers to a building, it is usually a place in which an individual or a family can rest and store personal property. Most modern-day households contain sanitary facilities and a means of preparing food. Animals have their own homes as well, either...

 prices, further surge in oil prices, interest rate rises to contain inflation
Inflation
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a...

ary pressures, which the IMF said in its twice a year report on global financial stability.

14 September

The inaugural Raffles Forum was held at Raffles City Convention Centre, with one plenary session on this day. At SSICEC, there was a World Economic Outlook
World Economic Outlook
World Economic Outlook is basically a survey conducted and published by International Monetary Fund. It is published twice and partly updated 3 times in an year. It portrays the world economy in the near and medium context...

 meeting. The IMF predicted that the growth in the economy will increase, but there could be global imbalances.

15 September

United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

's group of delegates arrived in Singapore, including Chancellor of the Exchequer
Chancellor of the Exchequer
The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all economic and financial matters. Often simply called the Chancellor, the office-holder controls HM Treasury and plays a role akin to the posts of Minister of Finance or Secretary of the...

 as well as chairman of the International Monetary and Financial Committee Gordon Brown
Gordon Brown
James Gordon Brown is a British Labour Party politician who was the Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 until 2010. He previously served as Chancellor of the Exchequer in the Labour Government from 1997 to 2007...

 and Mervyn King
Mervyn King (economist)
An ex-officio member of the Bank's interest-rate setting Monetary Policy Committee since its inception in 1997, Sir Mervyn is the only person to have taken part in every one of its monthly meetings to date. His voting style is often seen as "hawkish", a perspective that emphasises the dangers of...

, the Governor of the Bank of England
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...

. There were also press briefing
News conference
A news conference or press conference is a media event in which newsmakers invite journalists to hear them speak and, most often, ask questions. A joint press conference instead is held between two or more talking sides.-Practice:...

s by both the IMF and the World Bank Group. The police allowed the 22 out of the 27 banned activists in to Singapore, after an appeal from the IMF/World Bank Group.

16 September

A one day G7
G8
The Group of Eight is a forum, created by France in 1975, for the governments of seven major economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1997, the group added Russia, thus becoming the G8...

 finance minister
Finance minister
The finance minister is a cabinet position in a government.A minister of finance has many different jobs in a government. He or she helps form the government budget, stimulate the economy, and control finances...

s meeting is held at Raffles Hotel
Raffles Hotel
Raffles Hotel is a colonial-style hotel in Singapore, and one of the world's most famous hotels. The hotel was established by the famous Armenian Sarkies Brothers. Opened in 1887, it was named after Singapore's founder Sir Stamford Raffles. Managed by Fairmont Raffles Hotels International, it is...

 to discuss the world's economy. The three day Program of Seminars commences with 161 speakers at the event, attendees include private sector
Private sector
In economics, the private sector is that part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state...

 representatives, government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...

 delegates, civil society representatives and senior officials from the International Monetary Fund and the World Bank. Topics discussed include economic growth, the future of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

 and India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

, regional issues and faster economic growth of the Pacific Islands
Pacific Islands
The Pacific Islands comprise 20,000 to 30,000 islands in the Pacific Ocean. The islands are also sometimes collectively called Oceania, although Oceania is sometimes defined as also including Australasia and the Malay Archipelago....

, ageing
Ageing
Ageing or aging is the accumulation of changes in a person over time. Ageing in humans refers to a multidimensional process of physical, psychological, and social change. Some dimensions of ageing grow and expand over time, while others decline...

 population in Asia, petrol prices, preventing a financial crisis, oil trade, poverty, trade agreements and other Asian issues.

People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

, though not a G7 industralised nations member, is expected to loom large, with the minister and central bank
Central bank
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries...

ers to press Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

 to further ease controls of the Renminbi
Renminbi
The Renminbi is the official currency of the People's Republic of China . Renminbi is legal tender in mainland China, but not in Hong Kong or Macau. It is issued by the People's Bank of China, the monetary authority of the PRC...

. The agenda of the meeting is about what will be seen as dangerous imbalances in the global economy. The United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 has run up massive accounts and budget deficits, export
Export
The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer"...

-led surpluses are developing in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

. It also marks the debut to the G7 meetings, that is United States Treasury Secretary Henry Paulson
Henry Paulson
Henry Merritt "Hank" Paulson, Jr. is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.-Early life and family:...

, who was formerly the chairman and chief executive officer of Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

. The United States wants the fight against terrorism
Terrorism
Terrorism is the systematic use of terror, especially as a means of coercion. In the international community, however, terrorism has no universally agreed, legally binding, criminal law definition...

 and nuclear proliferation
Nuclear proliferation
Nuclear proliferation is a term now used to describe the spread of nuclear weapons, fissile material, and weapons-applicable nuclear technology and information, to nations which are not recognized as "Nuclear Weapon States" by the Treaty on the Nonproliferation of Nuclear Weapons, also known as the...

 to be included on the agenda. The Program of Seminars opens on this day and runs for two days. The G24 ministers meeting will be held at SSICEC as well as the Program of Seminars.

17 September

The second day of the Program of Seminars began, and an International Monetary and Financial Committee (IMFC) meeting held. Press conferences of Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

n finance minister
Finance minister
The finance minister is a cabinet position in a government.A minister of finance has many different jobs in a government. He or she helps form the government budget, stimulate the economy, and control finances...

s as well as Gordon Brown and de Rato were held at SSICEC. The World Bank announced that they will provide a US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

15 million grant to combat bird flu in Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...

. Seven lenders united and signed an agreement to combat corruption, these banks include the IMF and the World Bank. Also, CSOs discussed on several issues regarding daily issues.

18 September

Prime Minister
Prime Minister of Singapore
The Prime Minister of the Republic of Singapore is the head of the government of the Republic of Singapore. The President of Singapore appoints as Prime Minister a Member of Parliament who, in his opinion, is most likely to command the confidence of a majority of MPs.The office of Prime Minister...

 Lee Hsien Loong
Lee Hsien Loong
Lee Hsien Loong is the third and current Prime Minister of Singapore. He is married to Ho Ching, who is the Executive Director and Chief Executive Officer of Temasek Holdings. He is the eldest son of Singapore's first Prime Minister Lee Kuan Yew....

 and Senior Minister
Senior Minister
Senior Minister is a political office in the political system of Singapore taken by a prime minister or senior cabinet minister when he or she retires from that office, but still has something to offer the government based on his or her long experience...

 Goh Chok Tong
Goh Chok Tong
Goh Chok Tong is the Senior Minister of Singapore and the chairman of the central bank of Singapore, the Monetary Authority of Singapore. He also served as the second Prime Minister of the Republic of Singapore from 28 November 1990 to 12 August 2004, succeeding Lee Kuan Yew, the former Prime...

 attended the day's meetings. The Program of Seminars ends on this day and delegates discussed about the future of global economy, poverty and the future of Asia. Ministers of the members of the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

 approved a plan to give more powers and voting rights to People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

, Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...

, South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

 and Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...

. This vote had 90.6% of the members supporting the move. However, the IMF remains dominated by Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

, the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 and Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

. China has less power in the IMF, although its economy is larger than Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

 and Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

 combined. The IMF and World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 have been criticised by Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

, Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

, Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

n and Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

n nations for prescribing severe belt-tightening measures during their economic crisis. The American government sees the reform of the IMF to redress global economic imbalances, which were cited as one of the biggest menaces to world growth. The IMF is stepping up in its financial surveillance through multilateral consultations to make it more effective and relevant. The World Bank president Paul Wolfowitz
Paul Wolfowitz
Paul Dundes Wolfowitz is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of Defense, President of the World Bank, and former dean of the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University...

 said that the poor should not be abandoned because their governments are weak, otherwise the people would be penalised twice. The IMF and World Bank see the need to combat corruption
Political corruption
Political corruption is the use of legislated powers by government officials for illegitimate private gain. Misuse of government power for other purposes, such as repression of political opponents and general police brutality, is not considered political corruption. Neither are illegal acts by...

 in developing countries. The World Bank will work with developing countries by working with countries or offered through projects on the countries itself. Wolfowitz said that the issue of governance is being addressed, and the most important thing is to take the principles in the paper, applying it in terms of budget allocation. Matters may be complicated due to lack of political will. He added that working with developing countries is a starting point and must work with banks, global organisations and other governments to stop corruption in their nations. Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

n nations also called for more voting rights in the IMF for countries in their continent
Continent
A continent is one of several very large landmasses on Earth. They are generally identified by convention rather than any strict criteria, with seven regions commonly regarded as continents—they are : Asia, Africa, North America, South America, Antarctica, Europe, and Australia.Plate tectonics is...

, at forums held in Africa itself.

19 September

The plenary session
Plenary session
Plenary session is a term often used in conferences to define the part of the conference when all members of all parties are to attend.These sessions may contain a broad range of content from keynotes to panel discussions and are not necessarily related to a specific style of delivery.The term has...

s commenced on this day with an opening ceremony hosted by Senior Minister
Senior Minister
Senior Minister is a political office in the political system of Singapore taken by a prime minister or senior cabinet minister when he or she retires from that office, but still has something to offer the government based on his or her long experience...

 Goh Chok Tong
Goh Chok Tong
Goh Chok Tong is the Senior Minister of Singapore and the chairman of the central bank of Singapore, the Monetary Authority of Singapore. He also served as the second Prime Minister of the Republic of Singapore from 28 November 1990 to 12 August 2004, succeeding Lee Kuan Yew, the former Prime...

 at Esplanade - Theatres on the Bay
Esplanade - Theatres on the Bay
Esplanade – Theatres on the Bay is a waterside building located on six hectares of waterfront land alongside Marina Bay near the mouth of the Singapore River, purpose-built to be the centre for performing arts for the island nation of Singapore...

 that night for some 5,000 official delegates with an official reception
Party
A party is a gathering of people who have been invited by a host for the purposes of socializing, conversation, or recreation. A party will typically feature food and beverages, and often music and dancing as well....

. The building was closed to public the entire day for the evening event. Several music
Music
Music is an art form whose medium is sound and silence. Its common elements are pitch , rhythm , dynamics, and the sonic qualities of timbre and texture...

 and dance
Dance
Dance is an art form that generally refers to movement of the body, usually rhythmic and to music, used as a form of expression, social interaction or presented in a spiritual or performance setting....

 events were performed by several local arts groups. A buffet
Buffet
A buffet is a system of serving meals in which food is placed in a public area where the diners generally serve themselves. Buffets are offered at various places including hotels and many social events...

 spread was also included in the opening ceremony. After a tour at the waterfront, the guests were led into the concert hall for "Diaspora", which is a mixed media
Mixed media
Mixed media, in visual art, refers to an artwork in the making of which more than one medium has been employed.There is an important distinction between "mixed-media" artworks and "multimedia art". Mixed media tends to refer to a work of visual art that combines various traditionally distinct...

 production, combining music
Music
Music is an art form whose medium is sound and silence. Its common elements are pitch , rhythm , dynamics, and the sonic qualities of timbre and texture...

, video
Video
Video is the technology of electronically capturing, recording, processing, storing, transmitting, and reconstructing a sequence of still images representing scenes in motion.- History :...

 and drama
Drama
Drama is the specific mode of fiction represented in performance. The term comes from a Greek word meaning "action" , which is derived from "to do","to act" . The enactment of drama in theatre, performed by actors on a stage before an audience, presupposes collaborative modes of production and a...

 of five Asian artists searching for their identities. The production itself was made by local arts company TheatreWorks
TheatreWorks
TheatreWorks may refer to:*TheatreWorks *TheatreWorks *TheatreWorks *Theatreworks *Theatreworks *Theatreworks USA*TheaterWorks...

, and it costs S$
Singapore dollar
The Singapore dollar or Dollar is the official currency of Singapore. It is normally abbreviated with the dollar sign $, or alternatively S$ to distinguish it from other dollar-denominated currencies...

700,000 (US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

437,500). The delegates sang praises of the production with one saying the music played by the orchestra
Orchestra
An orchestra is a sizable instrumental ensemble that contains sections of string, brass, woodwind, and percussion instruments. The term orchestra derives from the Greek ορχήστρα, the name for the area in front of an ancient Greek stage reserved for the Greek chorus...

 is good, one of the stories told about the different cultures, ages and trying to find yourself, another said the production was colourful and diverse, with a lot of life in it. At the finale of the event, a ten minute display of fireworks at the Marina Bay transformed the area into a multi-cultural street with segments of Chinatown
Chinatown, Singapore
Singapore's Chinatown is an ethnic neighbourhood featuring distinctly Chinese cultural elements and a historically concentrated ethnic Chinese population. Chinatown is located within the larger district of Outram....

 and Little India
Little India, Singapore
Little India is an ethnic neighbourhood found in Singapore that has Tamil cultural elements. Little India lies to east of the Singapore River—across from Chinatown, located west of the river—and north of Kampong Glam. Both areas are part of the urban planning area of Rochor...

.

At the plenary sessions, addresses were made by the chairman of the year's annual meetings, as well as the heads of the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

 and the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 at SSICEC. The three parties stressed the need for the World Trade Organization
World Trade Organization
The World Trade Organization is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade , which commenced in 1948...

's Doha Round
Doha round
The Doha Development Round or Doha Development Agenda is the current trade-negotiation round of the World Trade Organization which commenced in November 2001. Its objective is to lower trade barriers around the world, which will help facilitate the increase of global trade...

 talks to resume. Prime Minister
Prime Minister of Singapore
The Prime Minister of the Republic of Singapore is the head of the government of the Republic of Singapore. The President of Singapore appoints as Prime Minister a Member of Parliament who, in his opinion, is most likely to command the confidence of a majority of MPs.The office of Prime Minister...

 Lee Hsien Loong
Lee Hsien Loong
Lee Hsien Loong is the third and current Prime Minister of Singapore. He is married to Ho Ching, who is the Executive Director and Chief Executive Officer of Temasek Holdings. He is the eldest son of Singapore's first Prime Minister Lee Kuan Yew....

 said that the impasse in the Doha Round of trade negotiations carries a heavy cost and a high risk, and will extend beyond economics. Lee added that good governance is the key to help economies to open up in the era
Era
An era is a commonly used word for long period of time. When used in science, for example geology, eras denote clearly defined periods of time of arbitrary but well defined length, such as for example the Mesozoic era from 252 Ma–66 Ma, delimited by a start event and an end event. When used in...

 of globalisation and improve the lives for the people. He also outlined the roles of a good government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...

 in managing the process of changes. Lee said that governments must win the support of globalisation from the people and give them better opportunities. At the opening speech of IMF managing director Rodrigo de Rato said the world leaders must quickly revive the Doha Round of trade talks to prevent a damaging shift towards protectionism. De Rato also said that the world is having a period of high growth and low inflation
Inflation
In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time.When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money – a...

 unseen since the 1960s, and a solid growth in the economy could be expected in the following year. He added that the global growth cycle may turn and the best hope for good performance lies in further increase in international trade
International trade
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...

. The three risks to world economic prospects include rising oil prices, disorderly unwinding of global payments imbalances, and the prevention of trade. World Bank president Paul Wolfowitz
Paul Wolfowitz
Paul Dundes Wolfowitz is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of Defense, President of the World Bank, and former dean of the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University...

 told donor
Donation
A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause. A donation may take various forms, including cash, services, new or used goods including clothing, toys, food, and vehicles...

 countries to increase aid to poor nations, and wealthy nations to put Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

 as the top of the priority list of poverty
Poverty
Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...

 fighting.

The IMF and World Bank heads agreed to do more for reform work in the system, including giving more powers to developing economies as they play a bigger role in the world's economy. The leaders warned the global growth cycle may change and further increases to international trade will guarantee an ensured performance. The IMF is trying to serve its members better and a Multilateral Consultation was to address global payment imbalances. The delegates paid tribute to Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

's economic growth and successes such as job creation and progress through private sector
Private sector
In economics, the private sector is that part of the economy, sometimes referred to as the citizen sector, which is run by private individuals or groups, usually as a means of enterprise for profit, and is not controlled by the state...

 development as well as a good government
Government
Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...

.

20 September

The event and the plenary sessions ended on this day, with the main achievement of member countries that they supported the IMF reform programme. The majority have also supported the second phase of reforms to revise the quota formula. The meeting was attended by 3,400 delegates. IMF managing director, de Rato was delighted with the overwhelming support of the support in the revision of quotas and the voice in the organisation. The IMF and the World Bank thanked the country for hosting the annual meetings, Mr De Rato mentioned that he had seems thousands of smile
Smile
A smile is a facial expression formed by flexing the muscles near both ends of the mouth. The smile can also be found around the eyes . Among humans, it is an expression denoting pleasure, joy, happiness, or amusement, but can also be an involuntary expression of anxiety, in which case it is known...

s from the Four Million Smiles
Four Million Smiles
Four Million Smiles was the theme of an advertising campaign in Singapore by the Singapore 2006 Organising Committee, sponsored by the government of Singapore. The advertising campaign encouraged Singaporeans to smile more in preparation of the 61st Annual Meetings of the International Monetary...

 campaign. He praised Singapore for not only being a city of enterprising people but also a city that makes strangers feel like friends.

Raffles Forum

The inaugural Raffles Forum was held at Raffles City Convention Centre for a period of two days. The event was organised by the Lee Kuan Yew School of Public Policy
Lee Kuan Yew School of Public Policy
The Lee Kuan Yew School of Public Policy is a school of the National University of Singapore . It was established in 1992 as the Master of Public Policy Programme under the Faculty of Arts and Social Sciences of National University of Singapore in collaboration with the Kennedy School of Government...

 and speakers include Minister Mentor
Minister Mentor
Minister Mentor is a Singapore cabinet position created in 2004 as part of a leadership transition.The newly appointed Prime Minister, Lee Hsien Loong , announced Lee Kuan Yew's new title together with the naming of his Cabinet on August 12, 2004...

 Lee Kuan Yew
Lee Kuan Yew
Lee Kuan Yew, GCMG, CH is a Singaporean statesman. He was the first Prime Minister of the Republic of Singapore, governing for three decades...

, members of the school faculty, as well as other ministers, professors, economists, diplomats and chief executive officers.

Institute of International Finance meetings

The Institute of International Finance
Institute of International Finance
The Institute of International Finance, Inc. is the world's only global association of financial institutions. It was created by 38 banks of leading industrialised countries in 1983 in response to the international debt crisis of the early 1980s...

 meetings are being held at Shangri-La Hotel Singapore
Shangri-La Hotel Singapore
Shangri-La Hotel Singapore is a hotel located in Orange Grove Road, Singapore. Opened in 1971, the hotel is the flagship and the first hotel of Shangri-La Hotels and Resorts...

 for a period of two days and an opening dinner
Dinner
Dinner is usually the name of the main meal of the day. Depending upon culture, dinner may be the second, third or fourth meal of the day. Originally, though, it referred to the first meal of the day, eaten around noon, and is still occasionally used for a noontime meal, if it is a large or main...

 will be organised for the IIF delegates.

List of venues

  • Suntec Singapore International Convention and Exhibition Centre (Main venue)
  • City Hall
    City Hall, Singapore
    The City Hall in Singapore is a national monument gazetted on 14 February 1992. Located in front of the historical Padang and next door to the Supreme Court of Singapore, it was designed and built by the architects of the municipal government, A. Gordans and F. D. Meadows from 1926 to 1929...

     (Registration)
  • Esplanade - Theatres on the Bay
    Esplanade - Theatres on the Bay
    Esplanade – Theatres on the Bay is a waterside building located on six hectares of waterfront land alongside Marina Bay near the mouth of the Singapore River, purpose-built to be the centre for performing arts for the island nation of Singapore...

     (Official opening ceremony)
  • The Pan Pacific Singapore
    The Pan Pacific Singapore
    Pan Pacific Singapore is a hotel located in Marina Centre, Singapore and operated by the Pan Pacific Hotels and Resorts. It has 37 floors, the tallest among the three hotels which are part of the Marina Square development, the other two being the Marina Mandarin Singapore and The Oriental Singapore...

     (Seminars)
  • Istana
    Istana Singapore
    The Istana is the official residence and office of the President of Singapore. Meaning "palace" in Malay, it is where the president receives and entertains state guests. The Istana is also the working office of the Prime Minister of Singapore...

     (Banquet for governors and spouses)
  • Raffles Hotel
    Raffles Hotel
    Raffles Hotel is a colonial-style hotel in Singapore, and one of the world's most famous hotels. The hotel was established by the famous Armenian Sarkies Brothers. Opened in 1887, it was named after Singapore's founder Sir Stamford Raffles. Managed by Fairmont Raffles Hotels International, it is...

     (G8
    G8
    The Group of Eight is a forum, created by France in 1975, for the governments of seven major economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. In 1997, the group added Russia, thus becoming the G8...

     meeting)
  • Raffles City Convention Centre (Raffles Forum)
  • Mount Faber
    Mount Faber
    Mount Faber is a hill about 105 metres in height in Singapore, located near the Bukit Merah planning area in the Central Region. It overlooks the Telok Blangah area, and the western parts of the Central Area...

     (The Jewel Box; welcome tea for delegates' spouses)
  • Asian Civilisations Museum, Empress Place
    Empress Place Building
    The Empress Place Building is a historic building in Singapore, located on the north bank of the Singapore River in the Downtown Core, within the Central Area in Singapore's central business district. The building is currently the second wing of the Asian Civilisations Museum...

     (Lunch for governors spouses)
  • Shangri-La Hotel Singapore
    Shangri-La Hotel Singapore
    Shangri-La Hotel Singapore is a hotel located in Orange Grove Road, Singapore. Opened in 1971, the hotel is the flagship and the first hotel of Shangri-La Hotels and Resorts...

     (Institute of International Finance
    Institute of International Finance
    The Institute of International Finance, Inc. is the world's only global association of financial institutions. It was created by 38 banks of leading industrialised countries in 1983 in response to the international debt crisis of the early 1980s...

     annual membership meeting and dinner)

Controversy

For the second time in the meetings' history (the first was Dubai 2003), outdoor demonstration
Demonstration (people)
A demonstration or street protest is action by a mass group or collection of groups of people in favor of a political or other cause; it normally consists of walking in a mass march formation and either beginning with or meeting at a designated endpoint, or rally, to hear speakers.Actions such as...

s are outlawed due to Singapore laws
Law of Singapore
The legal system of Singapore is based on the English common law system. Major areas of law – particularly administrative law, contract law, equity and trust law, property law and tort law – are largely judge-made, though certain aspects have now been modified to some extent by statutes...

 banning outdoor protests and marches. Numerous appeals to the authorities to approve such protest were rejected as the government cited security reasons including potential terrorist threat. The authorities are also denying entries of accredited civil society representatives whom the police regards as "troublemakers", despite the IMF/World Bank appeals to the government to allow them to attend the meetings. Registered civil service organisations (CSO) may hold indoor demonstrations on the ground floor of Suntec Singapore outside Starbucks Coffee, within a 14 by 8 metre space boundary, but CSOs are disappointed with the arrangement. The CSO protests were supposed to start on 11 September, but the police has pushed the date to 13 September. The area is equipped with computer
Computer
A computer is a programmable machine designed to sequentially and automatically carry out a sequence of arithmetic or logical operations. The particular sequence of operations can be changed readily, allowing the computer to solve more than one kind of problem...

s, printers
Computer printer
In computing, a printer is a peripheral which produces a text or graphics of documents stored in electronic form, usually on physical print media such as paper or transparencies. Many printers are primarily used as local peripherals, and are attached by a printer cable or, in most new printers, a...

 and a conference room. ONE
ONE Campaign
The ONE Campaign is an international, nonpartisan, non-profit organization which aims to increase government funding for and effectiveness of international aid programs....

 (Singapore) has produced video
Video
Video is the technology of electronically capturing, recording, processing, storing, transmitting, and reconstructing a sequence of still images representing scenes in motion.- History :...

s for awareness of poverty
Poverty
Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...

 throughout the world, and will be aired every ten minutes at the screens of convention centre. They are expected to protest on poverty
Poverty
Poverty is the lack of a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live...

 and corruption, and how civil goods should respond to Jogjakarta
Yogyakarta (city)
Yogyakarta is a city in the Yogyakarta Special Region, Indonesia. It is renowned as a centre of classical Javanese fine art and culture such as batik, ballet, drama, music, poetry, and puppet shows. Yogyakarta was the Indonesian capital during the Indonesian National Revolution from 1945 to...

 and Aceh
Aceh
Aceh is a special region of Indonesia, located on the northern tip of the island of Sumatra. Its full name is Daerah Istimewa Aceh , Nanggroë Aceh Darussalam and Aceh . Past spellings of its name include Acheh, Atjeh and Achin...

. It has been reported that one activist hopes to get global policy makers more attuned to the needs of youth
Youth
Youth is the time of life between childhood and adulthood . Definitions of the specific age range that constitutes youth vary. An individual's actual maturity may not correspond to their chronological age, as immature individuals could exist at all ages.-Usage:Around the world, the terms "youth",...

s when drafting policies. Thirty people from Global Call to Action Against Poverty
Global Call to Action Against Poverty
The Global Call to Action Against Poverty is a growing worldwide alliance consisting of national coalitions of campaigns to end poverty....

 wore white t-shirt
T-shirt
A T-shirt is a style of shirt. A T-shirt is buttonless and collarless, with short sleeves and frequently a round neck line....

s gags with "no voice" written on them on 15 September. An activist from Action Aid International held a solo protest on 14 September, and her group staged a silent protest the day after. Some CSOs have accused the IMF/World Bank of deliberately choosing Singapore to host the meetings, because of its authoritarian reputation.

On 11 September, when civic activists began arriving in Singapore, 27 activists were denied entry and had to leave the country. The police explained that these people were involved in violent demonstrations, including breaking into the World Bank headquarters in Washington D.C.. These individuals claimed that they had permission from the IMF and World Bank, but the police had stated that it is the local government's decision whether or not to allow them to enter the city state. Later, the World Bank and IMF accused the Singapore government
Government of Singapore
The Government of Singapore is defined by the Constitution of the Republic of Singapore to mean the Executive branch of government, which is made up of the President and the Cabinet of Singapore. Although the President acts in his personal discretion in the exercise of certain functions as a check...

 of failing to allow the protestors into the country, with Paul Wolfowitz
Paul Wolfowitz
Paul Dundes Wolfowitz is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of Defense, President of the World Bank, and former dean of the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University...

 calling it a "going-back on an explicit agreement", saying that Singapore had signed an open-access agreement or the Memorandum of Understanding
Memorandum of understanding
A memorandum of understanding is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in...

 in 2003. The World Bank added that it is a "breach" of their agreement and they worked with them and also valued their role even when they disagree on their views. They were cleared by their home governments beforehand and the World Bank believed that all of them should not be excluded from the annual meetings. The organising committee told the press, they were looking into the matter at that point of time and later condemned the restrictions as "authoritarian". At that time, the Singapore police tried to contact the individuals via the World Bank or the embassies in Singapore, to prevent them from making a wasted trip to the country. On 15 September 2006, the Singapore government announced that they will allow 22 out of the 27 banned activists into the country after reviewing the list of activists whose entry was subject to an interview if they entered the city-state. The organising committee said it reviewed the input provided by the IMF and the World Bank earlier that morning. The Singapore Government said on 20 September 2006 that its decision to lift the ban on 22 activists came before the public statement by World Bank slamming it. In a letter carried in the Wall Street Journal Asia, Home Affairs Ministry corporate communications director Ong-Chew Peck Wan clarified the sequence of events. She wrote: 'In order to be as helpful as possible, Singapore reviewed the names whom the IMF and World Bank were prepared to vouch for and lifted the bans on 22 of them. We did this before the public statement by Mr Wolfowitz.' On another occasion, two Filipino
Filipino people
The Filipino people or Filipinos are an Austronesian ethnic group native to the islands of the Philippines. There are about 92 million Filipinos in the Philippines, and about 11 million living outside the Philippines ....

 activists were deported back to their country on 13 September as they were not accredited by the IMF/World Bank, and could post a security and public order threat. It was after interview
Interview
An interview is a conversation between two people where questions are asked by the interviewer to obtain information from the interviewee.- Interview as a Method for Qualitative Research:"Definition" -...

s and full consideration of the circumstances. At 0700 (GMT +8) of 14 September, an India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n national was denied entry into the country, and has been deported by the police.

Some members of the Singapore opposition, including the Singapore Democratic Party
Singapore Democratic Party
The Singapore Democratic Party is an opposition political party in Singapore.The party was founded in 1980 by Chiam See Tong, who as Secretary-General became the party's first Member of Parliament in 1984 when he was elected as MP for Potong Pasir...

, conducted a protest rally and march on 16 September 2006. The so-called Empower Singaporeans Rally and March was set to start at 11 am at the Speakers' Corner at Hong Lim Park but was refused to continue to other planned stops at Parliament House
Parliament House, Singapore
The Parliament House of Singapore is a public building and cultural landmark and houses the Parliament of Singapore. It is located in the Civic District of the Downtown Core within Singapore's central business district . Within its vicinity is Raffles Place, which lies across it from the Singapore...

, Suntec City
Suntec City
Suntec City is a major multi-use development located in Marina Centre, a subzone of the Downtown Core Planning Area in Singapore.- Design :Suntec City was designed by Tsao & McKown Architects with emphasis on Chinese geomancy . The five buildings and the convention center are arranged so that they...

, and the Istana
Istana
Istana is a Malay and Indonesian word meaning palace.-Notable Istanas:*Istana Besar, 19th and early 20th century residence of the Sultan of Johor*Istana Bogor, one of presidential palaces of Indonesia in Bogor, West Java...

. On 11 September, it was reported that the police had started an investigation against these protest plans. The police reportedly had denied two applications for the planned peaceful protest and therefore confiscated leaflets that were handed out at Raffles City
Raffles City
Raffles City is a large complex located in the Civic District within the Downtown Core of the city-state of Singapore. Occupying an entire city block bounded by Stamford Road, Beach Road, Bras Basah Road and North Bridge Road, it houses two hotels and an office tower over a podium which contains a...

. Dr. Chee Soon Juan
Chee Soon Juan
Chee Soon Juan, PhD is a politician and political activist from Singapore. He is currently the leader of the opposition Singapore Democratic Party ....

, of the Singapore Democratic Party, held a speech at Hong Lim Park. On 17 September, the protesters announced that they would continue their protest until Tuesday morning, 19 September, after Prime Minister Lee Hsien Loong
Lee Hsien Loong
Lee Hsien Loong is the third and current Prime Minister of Singapore. He is married to Ho Ching, who is the Executive Director and Chief Executive Officer of Temasek Holdings. He is the eldest son of Singapore's first Prime Minister Lee Kuan Yew....

's speech before the WB-IMF meeting.

Some organisations have decided to hold outdoor demonstrations in Batam
Batam
Batam is an island and city in Riau Islands Province of Indonesia, known for its free trade zone area as part of the Sijori Growth Triangle, is located off Singapore's south coast...

, Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...

 instead, to circumvent the ban in Singapore. About 1,000 delegates were planning to protest there for a week with a final outdoor demonstration on 18 September. The Indonesian laws state that they were allowed to protest on the streets, if they informed the authorities three days beforehand. The authorities were reportedly lukewarm towards their proposed demonstrations and forum. A number of Indonesian NGOs took a half-page advertisement in a Batam newspaper
Newspaper
A newspaper is a scheduled publication containing news of current events, informative articles, diverse features and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. By 2007, there were 6580 daily newspapers in the world selling 395 million copies a...

 voicing their opposition to the protests, arguing that the big gathering of NGO's activists would "undermine the investment climate on the island". On 6 September, the Batam police had sent a letter to the organisers that both their demonstration and forum would be banned. The police cited economic, political and security reasons for the ban, adding that other NGOs were not in favour of such protests. According to Indonesian officials, Batam police is helping to maintain the security during the meetings. Later, on 11 September, the Indonesian police granted a permit for a three-day protest forum in Batam, but there will still be no outdoor demonstrations.

Impact

A survey amongst delegates found a high satisfaction level with regards to the efficiency of event organisation, and of Singapore as a whole.

See also

  • Annual Meetings of the International Monetary Fund and the World Bank Group
    Annual Meetings of the International Monetary Fund and the World Bank Group
    The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring in the Spring Meetings of the International Monetary Fund and the World Bank Group...

  • Economy of Singapore
    Economy of Singapore
    Singapore has a highly developed state capitalist mixed economy; the state owns stakes in firms that comprise perhaps 60% of the GDP through entities such as the sovereign wealth fund Temasek...

  • Four Million Smiles
    Four Million Smiles
    Four Million Smiles was the theme of an advertising campaign in Singapore by the Singapore 2006 Organising Committee, sponsored by the government of Singapore. The advertising campaign encouraged Singaporeans to smile more in preparation of the 61st Annual Meetings of the International Monetary...


External links

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