Today, 9 March 2002

Total Pages: 28
1 28 Today
  • 13 1 TODAY IS 2i t U I" Cl 2i\ March 9 > 2002 MITA(P) 063/11/2001
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  • 364 1  -  Chan Chao Peh Today photo by DESPITE labouring under the clouds of a recession and opening its wallet to digest a large former rival, the United Overseas Bank has pulled off a minor miracle. Even after acquiring OUB, it has posted a net profit
    ALVINTOH  -  364 words
  • 495 1  -  Kim-Kyna Tan She speaks out as she prepares to step down IT has not been officially announced, but the most unusual president that the Association of Women for Action and Research has had will step down next week. Unusual, because Ms Dana Lam-Teo (picture), was "coy, nervous and
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  • 155 1 KUALA LUMPUR A joke taken out of context could well become the next thorn in ties between Singapore and Malaysia. In a front-page report yesterday, the Utusan Malaysia said that during a March 2 lunch for visiting Umno Youth members, young PAP vice-chairman Dr Vivian Balakrishnan referred to
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  • Page 1 Miscellaneous

  • HOT NEWS
    • 282 2  -  Leong Phei Phei Scalded in their bid for alternative cure THEY went to the hot spring in search of a cure, but came back with scars. Three men and a woman were admitted to the Singapore General Hospital (SGH) burns unit with burns on their legs
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    • 208 2  -  -Joy Frances KEN-AIR Leisure Group will be filing to have the last of its 14 subsidiaries, Ken-Air Tours, liquidated voluntarily. Spokesman, Mr Anthony Goh, said the petition could be filed on Monday. "The directors and shareholders feel there is no reason to continue because the
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    • 177 2  -  Leong Phei Phei PARENTS who choose to have their children at any of the three hospitals owned by Parkway Group Healthcare (PGH) can now give their babies more than the gift of life. They can also give them the Gift of Love, an insurance protection plan
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    • 120 2 Channel News Asia SINGAPORE Democratic Party (SDP) chief Chee Soon Juan was interviewed by the police yesterday. The police are investigating whether he broke the law when he spoke on the tudung issue at the Speakers' Corner last month (picture). Police say he did not
      – Channel News Asia  -  120 words
    • 274 3 Golkar all bark, no bite Agencies It stays put despite chiefs arrest JAKARTA The anticipated political rumble in Indonesia over the arrest of Golkar chief and Speaker of the Lower House, Mr Akbar Tandjung, failed to materialise. President Megawati Sukarnoputri is now more confident than ever that the arrest will
      — Agencies  -  274 words
    • 253 3 BEIJING A proposed visit by Taiwan's Defence Minister to Florida threatens to damage the renewed relations between Washington and Beijing. China's junior Foreign Minister Zhou Wenzhong gave US Ambassador Clark T Randt a dressing down over Washington's decision to grant Taiwanese minister Tang
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    • 76 3 -AFP KUALA LUMPUR Malaysia wants assurances from Singapore that its land reclamation drive will not obstruct Malaysian sea lanes. Prime Minister Datuk Sen Dr Mahathir Mohamad said the project in Tebrau Strait could unsettle the seabed and affect passage for boats through
      -AFP  -  76 words
  • Page 2 Advertisements
    • 143 2 Seminar Programme K^^ffff^B From OMO to a Public Listed Company wEws&SmSsSSmSSSKEBSSfISnSSBSSRi Dr Derek Goh, Entrepreneur. CEO of Serial System Ltd Setting Up A Business During Recession H|||^^^^^B^^mH Mr Adam Khoo. Author and self-made Entrepreneur. B^lilllß !J Millionaire at age 26. Bf-iuif-S B^Mmm^l Create Your Destiny Miss Peggy Ong. Entrepreneur. Successfully
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  • Page 3 Advertisements
    • 31 3 1 //I ML^ dfl Spring comes with MR a $20 voucher* for t^| everys60 Aspent. jL when you 3p%nd S rrisriipi.""^, of $40 ai youi1 FWXt pi.ifc!"iaso jn a yinoie rec^pt.
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  • HOME NEWS
    • 364 4  -  Sarah Chua He is off to the North Pole without buddies by sarah@newsto day. com. sg KHOO Swee Chiow (picture) is one strong-willed person. He is heading for the North Pole once again this time without his team-mates. Two Canadians, a Briton and an American
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    • 175 4  -  Kim-Kyna Tan THE winner of Singapore Tourism Board's Live It Up Singapore promotion grand draw will donate the bulk of his windfall to the National Kidney Foundation. Mr Teng Kok Hwee, 29, won a $5,000 prize, including a weekend stay at The RitzCarlton Millenia, spa treatments,
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    • 68 4 NTUC Income has taken up a long-term lease of 50 chalets at the Übin Lagoon Resort for its policyholders. The lease, which went into effect this month, will run for a year. Income CEO, Mr Tan Kin Lian, disclosed this at a signing ceremony at the
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    • 60 4 HEAD for the IT Show 2002 at Suntec City and take part in the Hewlett-Packard trade-in promotion. You can get a H-P Deskjet 990 cxi for $399. The usual price is $539. Every purchase also entitles customers a chance to participate in H-P's Shop for Free
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  • LETTERS
    • 226 4  -  Malathi Maratheyah I REFER to Mr Ravi Veloo's article, "Why are women today so dull?" (Today, March 6). Mr Veloo concluded from a glance at local women's magazines that our women are "the horniest creatures on the face of earth".
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    • 194 4  -  Kevin Foo I REFER to the letter, "Our boring men" (Today, March 8). Ms Kathleen Kwan should be awarded an honorary doctorate for her amazing insights into the Singaporean male psyche. She is right None of my friends, or anyone I have met, is
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    • 177 4  - and prefer a secure life Ng Aik Guan I READ Ms Kathleen Kwan's letter, "Our boring men" (Today, March 8) with much amusement. She thinks that almost all Singaporeans (women and men) are dull and boring. So, what would it take to make Singaporeans exciting, according to Ms Kwan's standards?
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    • 30 4 Your letter can also appear on this page. Give your full name and address and write to: Today, 24, Raffles Place, #28-01/06, Clifford Centre, Spore *****1; Fax: 65-*****217; E-mail: news@newstoday.com.sg
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  • BUSINESS NEWS
    • 257 6 Bloomberg Enron fallout may kill Andersen NEW YORK Arthur Andersen, facing indictment, accelerating client defections and lawsuits from 21 audits, may not survive the fallout from its role as Enron's auditor, accountants and industry experts said. A US Justice Department indictment would pose the greatest threat to the fifthlargest
      – Bloomberg  -  257 words
    • 188 6 Bloomberg ECONOMISTS have almost doubled their forecasts for this year's economic growth in Singapore in the past three months, according to a survey by the Monetary Authority of Singapore (MAS). The economy will probably grow 3.3 per cent this year, according to a median forecast
      ■ Bloomberg  -  188 words
    • Market Watch
      • 116 6 SINGAPORE shares took a step back as US Federal chairman Alan Greenspan's upbeat assessment of the US economy jolted short and long rates in the treasury yield up and had many thinking that the Fed would reverse its loose monetary policy. The benchmark index, however, closed with a 4.68-point
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      • 111 6 THE local bourse ended the week on a strong note. The benchmark index rose 5.91 points to 747.63. The Emas and Second Board Index were 0.94 per cent and 1.98 per cent higher at 177.51 and 125.68, respectively. Volume grew to 405,308 lots. Losers trailed gainers 162 to 595,
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      • 34 6 By volume Stocks Volume ('000) Sun MicrosystemGES 43,999 Ipco 30,322 Unisteel 30,165 Datapulse 29,603 SembCorp 28,522 Stocks Volume ('000) SembCorp DBeCWO3O22B 18,307 Pac Cent 17,962 TPV 16,308 Chartered 15,767 JurTech 15,298
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      • 39 6 By$ Stocks DBS Venture Close 14.800 17.500 Risi +0.301 +0.201 Isetan(S) CWT UOB F&N OCBC DelGro 500 Transmarco Haw Par 2.580 0.760 14.200 7.700 13.000 2.850 1.010 4.160 +0.121 +0.10! +0.101 +0.101 +0.101 +0.091 +0.08! +0.081
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      • 44 6 By$ Stocks Close Fall Creative 50 23.400 -0.400 DBS DB eCW*****5 1.450 -0.350 SIA 200 14.400 -0.200 GreatEast 12.400 -0.200 SPH 23.500 -0.200 IMH 400USS 5.750 -0.150 UOB DB eCW*****4 1.450 -0.100 SIA 14.600 -0.100 CITYDEV Unisteel 7.050 0.740 -0.100 -0.070
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      • 61 6 :Bhomherg^M s<Mrre: Stocks Nikkei 225 Hang Seng III Ordinaries faiwan Wtd Value *****.79 *****.23 3428.10 6011.65 Change Pis +237.45 +45.16 -11.90 -36.50 +2.04 +0.40 -0.35 -0.60 (orea Comp SET Index lakarta Comp 3hils Comp Shenzen B II L 825.27 390.65 475.11 1432.19 241.18 n/r/ it -4.17 -1.02 +2.72
        :Bhomherg^M  -  61 words
      • 35 6 US$ 0.5490 UK£ 0.3855 Yen 70.397 HK$ 4.2818 RM 2.0861 Euro 0.6246 Rupiah 5,500.7 Baht 23.751 Peso 27.984 A$ 1.0495 Rupee 26.758 Won 721.48 C$ 0.8705 CNY 4.5439 NZ$ 1.2770 IWD 19.177
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      • 22 6 Gold uss/oi 290.50 Silver uss/oi 4.480 Platinum uss/oi 509.60 Rubber centsAg 120.75 Palm Oil RM/tonne 11 63 Brent crude uss/barrel 23.71
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    • 2879 8 UNIT TRUSTS FUNDS (All prices are indicative) I Enquiries: Call 852-2973-6600 I E-mail lipper.asia@reuters.com I Fund Name NAV/Bid Price Oiler Price Aberdeen Asset Management (Asia) Aberdeen Se American Opportunities 0.749 0.787 Aberdeen Se Asian Fixedlcome 1.174 1.211 Aberdeen Se-China Opportunities Fund 0.965 1.014 Aberdeen Se Continental Europe Equity 0.996 1.047
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    • 261 8 Bloomberg Creditors reject repayment plan KUALA LUMPUR Time Engineering creditors are on a collision course with Prime Ministser Datuk Seri Dr Mahathir Mohamad's government, pitting their claims on US$l62 million ($294.95 million) of bonds against Malaysia's plans to pare debt 50 times that amount. Societe Generale SA of
      – Bloomberg  -  261 words
    • 123 8 Bloomberg SINGAPORE Technologies Engineering, a defence equipment maker and aircraft maintenance specialist, wants to tie up with Chinese firms to expand into the aerospace business in China. Mr Tan Pheng Hock, president of the company, in its annual report said: "For China, a market
      – Bloomberg  -  123 words
    • 139 8 -AFP TOKYO Medium-sized Chubu Bank collapsed yesterday under the weight of bad loans in Japan's first bank failure this year. The lender filed for insolvency with the Financial Services Agency, Japan Broadcasting Corp (NHK) said. Chubu Bank had planned to raise some five billion
      -AFP  -  139 words
    • 90 8 BANK of Singapore (BOS), and not finatiQ, will be the dominant brand name in Singapore as it positions itself for future growth opportunities here and in the region. While finatiQ appeals to young, mobile and technologically-sawy customers, BOS would like to broaden its appeal to include
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  • Page 7 Advertisements
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  • Page 9 Advertisements
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  • WORLD NEWS
    • 163 10 Reuters WASHINGTON In the latest sign of economic recovery, the US jobless rate fell for a second straight month. The Labour Department said the jobless rate fell to 5.5 per cent in February from 5.6 per cent in the previous month. That drop came as
      – Reuters  -  163 words
    • Article, Illustration
      356 10 Agencies Tragedy of Asia's attitude towards women GENEVA In Russia, International Women's Day, which was celebrated yesterday, was a public holiday. In Norway, a new edict came into force to ensure top corporate jobs were set aside for women. While most of Europe acknowledged women's contribution to
      — Agencies  -  356 words
    • 184 10 -AFP SEOUL The presidential election in South Korea this December could see a female candidate in Ms Park Geun Hye. Ms Park, 50, daughter of former South Korean dictator Park Chung Hee, and former Prime Minister Lee Soo Sung are joining hands to
      -AFP  -  184 words
    • 136 10 -AFP BEIJING Three Falungong members hijacked a cable television network in northeast China and broadcast two films made by the group. A follower of the banned group has been arrested. Two others have absconded. According to the group, 40 to 50 minutes of
      -AFP  -  136 words
    • 122 10 What the regional papers said yesterday New Straits Times/ Malaysia Price list a must at motor workshops All motor workshops must display a price list of their products, spare parts and services that they offer from July 1. The Jakarta Post/Indonesia Akbar's detention shocks Golkar Party In the wake of
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  • Page 10 Advertisements
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  • Page 11 Advertisements
    • 254 11 1 Your tIZTSt undercover assignment gather intelligence, m rl__^l^__l ____i 1 _'I__!S 1 *_-9 _i .*mmmmWsB^Kr^ 1 J_. T^^""^"\ *1 _i ________L___ __k If /1 ___T __k__ > A \'J^ T A v __L ___*—I V% _^^Y_^'^ k> *x N if JJ i-kV'^ *_V*s\A_!-_6^^ '+*'< m. V\ vi_m'\^^^i_«s__l^ V^______P I
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  • UPFRONT
    • 844 12  -  Serene Foo Singaporean women are successful but 'too obedient' TAKE it from author Professor Chin-Ning Chu (picture) she thinks that Singaporean women can be "models for the world". "I think the Singaporean woman has everything going for her. They are the only Asians, only Chinese, in the
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    • 111 12 PRESENTING personal perspectives on attaining and maintaining success for women at work and seeking to balance their dual if not multiple roles at work, at home and in society, other speakers included Ms Elim Chew, Ms Elaine Hamilton and Ms Suzenne Zheng. The opening address and
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    • 273 12 RESEARCH has shown that good fathering can lead to higher marks and better performance in school, said Dr Joseph Ozawa, director of psychological services at the Criminal, Family and Juvenile Justice Centre's Subordinate Courts. "Fathering is important to a youth staying free from delinquent
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  • Page 12 Advertisements
    • 84 12 WIN an Exclusive WWF T-shirt Specially Autographed by The Rock! Can't get enough of the WWF superstars? From now till this Friday, you stand to win an exclusive Each entry costs 20 cents (excluding GST), and T-shirt autographed by The Rock. the contest is open to M 1 and Sing
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  • Page 12 Miscellaneous

  • Page 13 Advertisements
    • 847 13 /rICIJ IF 112/lii__l respT„x_K7iyou^ V^V_^ L J V_^ ■-> m/,m »JW //^./AllV 2 Tlckets Airfare if. f l' "y//__V \dmm-mj> Accommodation m^^ tam mm a+< W^ *mum To watch the 2002 FIFA World Cup Finals at Yokohama International Stadium in Japan Plus Hundreds of instant scratch and win Wuv Watch
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  • FAMILY
    • 475 14 Help your children learn the alphabet and develop skills with award-winning gadgets IN 1995, when American lawyer Mike Wood couldn't find a toy to help his son learn phonics, he went to Dr Robert Calfee, professor emeritus of education at Stanford University, and other experts
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  • Page 15 Advertisements
    • 522 15 A regular guide on the best of Digital Imaging Solutions .^—JL^ Im Go for EPSON n show 2002 I// -0 Visit us at booth 8110/8112 (Suntec City, SICEC-Hall 404) from 7th to 1 Oth m/ "> March 2002 to enjoy trade-ins, lucky dips other great offers! m WF W r
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  • MOTORING
    • 543 16  -  Colin Yong Best drive, great features in entry-level BMW 7 Series by colin@newstoday.com.sg THE best place to be in most cars is behind the steering wheel. But it is best in BMW's new 7 Series (picture, above). And it is a relief not having to look
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    • 194 16  -  Colin Yang NOT surprisingly, Nissan has chosen the third month of the year to launch the new version of its March supermini (picture) in Japan. Although it I shares elements of its shape with the model that was launched in 1992, I the new
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  • Page 17 Advertisements
    • 255 17 flw v/Y/? Orchard Road 1 at i^yf^ 11\ 7fo tfeeren Shops. I TOJ 31 March 2002 I /^~n\ \>fc H Cosplau l\ m m\ W I Soak in the Cosplay atmosphere at The Heeren Shops today. I I \M I I I You'll be awed by the creativity of our
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  • INCINEMAS
    • 87 18 Reuters/Variety NEW YORK Oscar-winning actor Benicio Del Toro will star in a remake of the 1974 Sam Peckinpah drama Bring Me the Head of Alfredo Garcia. The gritty action film revolves around a wealthy Mexican man who offers a $1 million reward for the
      Reuters/Variety  -  87 words
    • 221 18 Reuters/Variety Sinatra's daughter to produce film remake HOLLYWOOD On the heels of the worldwide success of Ocean's Eleven, another Frank Sinatra film is about to get the remake treatment. Paramount Pictures is developing an updated version of director John Frankenheimer's 1962 classic, The Manchurian Candidate, which starred
      Reuters/Variety  -  221 words
    • 140 18 -AFP PARIS British actor Rupert Everett and French star Isabelle Adjani are to act in a new film about intrigue and romance in 1940s France, the French movie trade magazine, Le Film Francais, reported in its latest edition. The two have signed on to
      -AFP  -  140 words
    • LIMELIGHT
      • 255 19 ■Reuters/Variety LOS ANGELES After lighting up the silver screen as a buck-toothed superspy and a grumpy green ogre, comedian Mike Myers (picture) has his paws around a new role that of a big, mischievous cat. Myers will play the title role in a
        ■Reuters/Variety  -  255 words
      • 284 19  -  David Ngiau AFTER 22 years, the original Europa pub will close its doors tonight. But not for good. Europa Changi started out as Europe in 1952 as a hangout for Royal Air Force regulars. The pub, which stands at the entrance of Changi Village,
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      • 242 19  -  Serene Foo PINOCCHIO would have been proud. A puppet is starring in Dream In Color, a show featured in the Prudential Children First! Singapore International Festival for Children. The piece, along with the play, A Journey of Hands, is presented by Korea's Sadari Theatre Company.
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      • 221 19 SOAK in the glamour and scandals that make up Hollywood with BBC World's (SCV Ch 13) Hollywood Years Season, which celebrates the 74th anniversary of the Oscars. Starting March 2, the programme features documentaries on crooner Frank Sinatra, cowboy icon John Wayne, master of horror Alfred Hitchcock and
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  • Page 19 Advertisements
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  • Page 20 Miscellaneous
    • 1445 20 //\=DIA£ORP /AELJjjkCORP A» 2002 Formula One World Championship Stay Home Saturday Night Kickßoxer Tutur Tinular Suria, 8 30 P m Highlights Australian Grand Prix cna, 3pm r o kuU and Ra Semi become good The 2002 Formula One I^' f T|J f' r'J Kurt Sloan Qean-Claude friends after Ra Kuti
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  • Page 21 Advertisements
    • 75 21 jironi Emm im <@> HI II FA I R II SB l^rH II D E VISION! II SUNTEC CITY MALL 8-10 March, 2002 (Near Convention Centre) BUM HH^^BHBl^H^^^^^H I^SM HimtMiMiMMAriMJI iHjUj BppMß I Bausch& I Lomb ACUVUE i CIBA Vision i Pur i Y ves Essilor i i i i
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  • SPORTS
    • 441 22 Reuters ZURICH Fifa president Sepp Blatter suffered a major defeat and was left "as good as isolated" at yesterday's extraordinary meeting of the executive committee, which agreed to set up an internal investigation into the financial affairs of world soccer's ruling body. Senior Fifa sources said
      – Reuters; Reuters photo  -  441 words
    • 330 22 BIRMINGHAM Top seed and ex-champion Xia Xuanze was ousted from the All-England Badminton Championships 5-7, 2-7, 7-2, 8-6, 8-7 by Hong Kong's Agus Hariyanto in a 66-minute thriller yesterday. The Chinese had four match points to clinch a quarter-final place, but squandered the
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    • Article, Illustration
      517 24  -  Jose Raymond FAS also considering gratuity for national footballers Today Exclusive by jose@newstoday.com.sg NATIONAL footballers who have represented the country with distinction will be inducted into the Football Association of Singapore (FAS) Hall of Fame. The Hall of Fame, the first of its kind for any national
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    • 230 24  -  Kelvin Phang TRIATHLETE Gerard Yeo is arguably Singapore's fittest man. But he does not fancy his chances of winning tomorrow's 2nd Singapore Biathlon at Sentosa's Siloso Beach. Just last month, Yeo, the brother of swim queen Joscelin, set a new national record in the Ironman-distance triathlon
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    • 499 26  -  Stanley Ho by stanley@newstoday.com.sg BY HALF-TIME, Sembawang Rangers' defender Niweat Siriwong was a spent force. The Thai international stopper widely considered as one of the best man-markers in the NTUC Income SLeague was so mad with himself that after the game, which the Stallions lost 3-2, he
      WONG KHING CHONG  -  499 words
    • 169 26  -  Jose Raymond by j ose@newstoday. com.sg WITH Singapore Pools about to launch betting for the English Premier League (EPL) and the forthcoming World Cup, more money will soon be generated and channelled into local sports, including the S-League. This was revealed by Pools' communications manager
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    • 143 26 THE Singapore Golf Association's national selection trials for eight players came to a close yesterday at the Orchid Country Club. A late surge from Vincent Khua allowed him to take over top spot from long-time leader V Thanggaraju when he shot an impressive two-under-par 70 for
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    • 537 27  -  Leonard Thomas leonard@newstoday.com.sg Newcastle faithful frets the return of vintage Bergkamp English FA Cup Newcastle v Arsenal Live, tomorrow on Ch22, 1.30 am jby WHAT do I remember most about Dennis Bergkamp? Turn back the clock to July 4, 1998. Argentina, just involved in a triumphant battle
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    • 404 27 -AFP World Cup final Australia v Germany Final too tight to call KUALA LUMPUR After a decade of heartburn and close misses, Germany and Australia get a chance to crown themselves in glory when they clash in the World Cup final
      -AFP  -  404 words
    • 112 27 MANILA Canadian Rick Gibson finished his second round with a flurry of birdies to keep the lead in the Casino Filipino Philippine Open at Wack Wack Golf and Country Club yesterday. Singapore's Lam Chih Bing, who was two shots off the lead after the first round,
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    • 92 27 CUIABA Brazil beat a secondstring Iceland team 6-1 yesterday and was then jeered off the pitch by a crowd which apparently felt the friendly international had been a waste of time. The biggest cheer came from a disillusioned crowd when Iceland's amateurs whose team included students, a bank
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    • 116 27 SYDNEY The Australian Rugby Union (ARU) yesterday withdrew an invitation for New Zealand to co-host the 2003 Rugby World Cup after a series of disagreements. It will now seek to host rugby's premier event alone. ARU managing director John O'Neill said Australia had been given 21 days to
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