The Entertainment district of Clarke Quay, the Singapore river and City Skyline. Gavin Hellier / AWL Images / Corbis
The Entertainment district of Clarke Quay, the Singapore river and City Skyline. Gavin Hellier / AWL Images / Corbis
The Entertainment district of Clarke Quay, the Singapore river and City Skyline. Gavin Hellier / AWL Images / Corbis
The Entertainment district of Clarke Quay, the Singapore river and City Skyline. Gavin Hellier / AWL Images / Corbis

The cultural heart of Singapore


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A black drum stands brooding over the modern glass and steel extension to the National Museum of Singapore (NMS). The rotunda is the main entrance to the museum's Singapore History Gallery, and I have come here for a crash course in Singaporean culture and history.

As the exhibition's opening act unfolds, the view from inside the rotunda could not be more different. 360° Singapura: A Day in the Life is a bewildering installation that plays against the rotunda's curving, 23 metre-high glass walls. A dawn-to-dusk portrait, the film contrasts frenetic stop-motion footage of Singaporean traffic flows, construction, landscape and industry with images of daily life that include Singaporeans at work, prayer, and at play. Set to excerpts from Vladimir Martynov's symphony Singapore: a geopolitical utopia, the film's image of Singapore could not be clearer. Singapura is a place where work pays and where political order, social harmony, efficiency, and meritocracy are valued and rewarded.

As first introductions go, Singapura is certainly a bold statement, but it's already a museum piece, a narrative that many Singaporeans - especially those who work in the country's booming tourism and creative industries - are keen to move beyond. And why not? If Singapore's history proves anything, it is its knack for reinvention and for punching above its weight. Until recently, that precociousness expressed itself mainly in Singapore's GDP, business environment and infrastructure, but thanks largely to S$1.5billion-worth of government investment in new galleries, museums, art colleges, studios, and art fairs, this tiny tropical metropolis has successfully established itself as an internationally important cultural and creative hub with shopping, restaurants, and hotels to match.

Evidence of this latest bout of reinvention can be seen most clearly at Gillman Barracks, a former British military camp set on the edge of the jungle six kilometres west of downtown Singapore. Home to fourteen private galleries including ShanghART - recognised as one of China's most influential - and the Sundaram Tagore Gallery from New York, the barracks represent as concentrated a collection of contemporary art galleries as you will find anywhere in the world, and as such it should be on every art lover's itinerary. Gillman Barracks is just the latest example of a new Singaporean cultural institution recycling buildings from the colonial past for reuse in the creative present - the Singapore Art Museum, Peranakan Museum, National Museum all do the same - but few pull the transition off with such aplomb as the Singapore Tyler Print Institute (STPI).

Housed in a converted early twentieth century warehouse on the banks of the Singapore River at Robertson Quay, the STPI feels as if it's purpose built. A community of master printers and technicians who work with an international roster of artists who are invited to stay in residence at the STPI, the Institute is a warren of bright white gallery spaces, libraries, workshops, studios, and print rooms dedicated to the paper-based arts. Part community, part laboratory, part college, the Institute was formed when the printing machinery from the New York studio of master printer Kenneth Tyler was imported wholesale to Singapore in 2002. There is an air of reverence here that may have something to do with the heritage of the original studio - Tyler used these machines to print original work by Roy Lichtenstein, David Hockney, Robert Rauschenberg, and Jasper Johns - but the Institute's monastic quality also speaks to the skill and dedication of the Institute's contemporary masters and technicians. A free studio tour of the STPI not only provides visitors with a rare 'behind-the-scenes' insight into the production of contemporary art, but there is also the opportunity to take part in paid workshops in etching, silkscreen, and linocut with experts who work with some of the finest contemporary artists practising today. The opportunity should not be missed.

When I arrive at the STPI on a bright Saturday morning, young families brunch on breakfast burritos and French toast at the award-winning Epicurious cafe (No. 1-2; The Quayside; 65-6734-7720; epicurious.co.sg), while a well-heeled queue waits for the opening of Couleurs de l'Ombre, a temporary exhibition of work by the Japanese artist Hiroshi Sugimoto. The show features a series of hypnotic Polaroids taken over a period of ten years, each one a small square of saturated chromatic variation that captures the light of dawn refracted through an enormous prism that Sugimoto had erected in his studio.

Sponsored by Hermès, the exhibition is part of the Hermès Editeur programme, a series of collaborations between the luxury goods house and artistic luminaries such as Josef Albers and Daniel Buren. In Sugimoto's case, Hermès have transferred his subtle gradations of colour onto limited edition silk scarves that are suspended from the ceiling of the gallery like a gently billowing piece of installation art. Most eyes focus on the silk here, but the real wonder is in Sugimoto's patience and his fragile Polaroids, an obsolete, instant medium with which he succeeds in capturing the fleeting immateriality of light.

Across town, a similar fusion of luxury and fine art occurs at the Louis Vuitton Island Maison. Housed in a crystalline glass and steel pavilion that appears to 'float' off the waterfront in Singapore's Marina Bay, the flagship store includes a permanent mural and portrait of Singapore by the Cuban-born illustrator and long-time Louis Vuitton collaborator Ruben Toledo. 'Upper Strut', an installation by the British artist Richard Deacon, appears like a wooden halo under the glass panels of the Island Maison's roof. The extent of Louis Vuitton's local artistic credentials are exhibited in the Espace Louis Vuitton Singapore, a gallery housed in the unlikely underwater tunnel that links the Island Maison with the rest of the store in the adjacent Marina Bay Sands mall. Nowhere perhaps better illustrates the critical mass the culture industry has attained here than this island within an island, where the worlds of display, consumption, and business coalesce so effortlessly.

The subtext to this state-sponsored, cultural renaissance may have been calculatedly political - the government recently admitted that its cultural policy was aimed squarely at maintaining Singapore's place amongst the world's leading cities - but the result has been a creative gold rush, the return of many members of Singapore's cultural diaspora, and an influx of talented expatriates.

Benjamin Hampe, the Australian co-owner and director of the Chan Hampe Galleries figures prominently amongst the latter. At first glance, the elegantly whitewashed colonnades of the Raffles Hotel Arcade seem an unlikely venue for a discussion of contemporary art, but it is here, amongst upmarket coffee shops, restaurants, and luxury boutiques, that the gallerist exhibits work by emerging and established local artists. For Hampe, there is a clear relationship between contemporary tourism and contemporary art. "Travelling can be more than just sightseeing," he explains. "Imagine you are an art enthusiast; with such a wealth of art [here], we can allow a glimpse into the art scene not only in this part of the world, but the whole of Southeast Asia."

In an attempted break from both luxury and art, I head to the Tiong Bahru neighbourhood for some street food. My respite is short-lived however, and I soon find myself nosing through the small galleries, antique shops, and boutiques that rub shoulders even here with the restaurants, wholesalers, and hardware stores that are still the neighbourhood's mainstay. A low-rise cluster of late 1930s Streamline Moderne - think rounded balconies, spiral staircases, ribbon windows, and delightfully nautical portholes - Tiong Bahru was Singapore's first public housing estate. Built on the site of an old cemetery - 'Tiong' is a Chinese word meaning 'tomb' and 'Bahru' (Baru) the Malay word for 'new' - it soon developed a reputation as an upmarket home for senior civil servants, businessmen, and the mistresses of the wealthy elite, hence it's other name at the time, 'mei ren wo', or 'den of beauties' in Mandarin.

Thanks to its designation as a conservation area in 2003, Tiong Bahru survived the widespread redevelopment that has taken place elsewhere in Singapore, but the last decade has also seen a degree of gentrification and an increasing number of expats now live alongside the local families who still predominate. Evidence of Tiong Bahru's transformation is provided by The Orange Thimble (Block 56, No. 01-68; Eng Hoon Street; 65-9750-3989;www.theorangethimble.com), a café that exhibits pieces by local artists, and Strangelets (7 Yong Siak Street; 65-6222-1456; www.strangelets.sg), an exquisitely stocked boutique that sells an international array of contemporary design that includes polar bear-shaped bookshelves, mathematically-inspired jewellery, and handmade Parisian tableware. Meanwhile, the Teck Kee Leong Huat General Store plies its trade nearby, essential for those in search of out-of-hours nuts, dried noodles, or cheap plastic toys.

At the heart of Tiong Bahru sits a market that attracts visitors from the immediate neighbourhood and beyond. Some come for the fresh produce sold in the ground floor 'wet market', but most come for Tiong Bahru's renowned hawker centre. An open deck of plastic tables surrounded by garish, neon-lit booths, the food court serves delicacies such as char siew rice, Chinese shumai dumplings, and chwee kueh - steamed rice cakes topped with radish, garlic, soy, herbs, and chili. Pensioners make the short walk from the surrounding estate while employers bus their workers here from further afield for lunch.

From the outside, the market looks very much like an art-deco cinema, but the filmic connections here are more than just skin deep. In 2010, the market was both the location and the subject of a short film Tiong Bahru, which featured a cast of over 150 local volunteers. Tiong Bahru focused on the lives of three local residents - a teenage girl in foster care, a frustrated young father-to-be, and a grandmother under pressure to leave her family home - each struggling in their relationships, with their families, and with the wider community. The market inspires each character and encourages them to make life-changing decisions while allowing them to express their true feelings.

I think of the film as I watch a grease-stained man serve Hokkien mee seafood noodles from an enormous steaming wok. There is an economy and a beauty to his technique - honed as it is by continuous repetition - that is closer to choreography than to fast food. Singapore is full of such quiet moments of delight and self-expression, of an artistry that appears as often in its many markets, parks, and restaurants as it does in its new galleries, museums, studios, and boutiques. There can be no doubt that Singapore is still able to change perceptions and surprise, especially for those who like their cities cosmopolitan and their culture as well considered as their cuisine.

Essentials

The flight Emirates Airline flies from Dubai to Singapore from Dh2,635 return, including taxes (www.emirates.com)

The hotel Wanderlust is a quirky boutique hotel in Little India with 10 rooms all decorated by Singaporean design agencies. A double room costs 152 Singapore dollars (Dh453) per night (www.wanderlust.com)

The event Art Stage Singapore is an annual art fair which attracts 130 galleries and 600 artists from 23 countries. The next show will be held on January 16 to 19 next year (www.artstagesingapore.com). From November 21 to 24, an Affordable Art Fair for contemporary art is being held at the Pit Building on Republic Boulevard (www.affordableartfair.com/singapore/)

travel@thenational.ae

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Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5

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%3Cp%3EPresident%20Volodymyr%20Zelenskyy%20has%20overseen%20grain%20being%20loaded%20for%20export%20onto%20a%20Turkish%20ship%20following%20a%20deal%20with%20Russia%20brokered%20by%20the%20UN%20and%20Turkey.%3Cbr%3E%22The%20first%20vessel%2C%20the%20first%20ship%20is%20being%20loaded%20since%20the%20beginning%20of%20the%20war.%20This%20is%20a%20Turkish%20vessel%2C%22%20Zelensky%20said%2C%20adding%20exports%20could%20start%20in%20%22the%20coming%20days%22%20under%20the%20plan%20aimed%20at%20getting%20millions%20of%20tonnes%20of%20Ukrainian%20grain%20stranded%20by%20Russia's%20naval%20blockade%20to%20world%20markets.%3Cbr%3E%22Our%20side%20is%20fully%20prepared%2C%22%20he%20said.%20%22We%20sent%20all%20the%20signals%20to%20our%20partners%20--%20the%20UN%20and%20Turkey%2C%20and%20our%20military%20guarantees%20the%20security%20situation.%22%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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