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The Straits Times, 5 March 2002

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Article also available on Microfilm Reel NL23899


Masthead [TITLE SECTION]

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The Straits Times Established 1845 TlieSQay March 5, 2002 94 Pages m six parts mita (P) 301/03/2001 %MJ Singapore Press Holdings publication \J\J Cents

Asian markets ride the wave of rebound [ARTICLE]

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Asian markets ride the wave of rebound HUGH CHOW Nikkei 225 soars to its highest level m six months; Straits Times Index posts biggest one-day gain since Jan 3, 2000 I INAMK COKKKSPONDKNT ASIAN stock markets roared to life yesterday, spearheaded by a whopping 5.9 per cent rise m Japan,

DRESSED FOR DEATH [ARTICLE + ILLUSTRATION]

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DRESSED FOR DEATH AP Militant Hamas activists dressed as suicide bombers, complete with fake explosives strapped round their waists, join hundreds of other Palestinians for a parade in the Gaza Strip. The event was in support of the struggle against Israel, and to thank the militants behind the weekend's suicide

Anthony Ler loses appeal, to hang [ARTICLE]

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Anthony Ler loses appeal, to hang ALETHEA LIM By COIKTCOKKKSJ'ONDKM THE huge crowds which filled the courtroom during Anthony Ler's murder trial were noticeably absent during his appeal yesterday. But the trademark smile he wore throughout his 11--day trial was still there, and it remained fixed m place even when

A-level exam results out tomorrow [ARTICLE]

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A-level exam results out tomorrow STUDENTS who took the Alevel examinations last year will get their results tomorrow. They can pick up their result slips from school at 2 pm. Private candidates will get theirs by post. They can also log on to the Ministry of Education wehsite at www.moe.edu.

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FIGHTING TERRORISM Indonesia to draft Bill that would sjmr joint efforts to uncover networks page 3 If H Next month's Singapore International Film /J i^v JH A Festival opens with Kandahar, an acclaimed v W^jsRaBMi semi-documentary on the plight of women in /BHKffr K Taleban-controlled Afghanistan. Photos STEVEN I E

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8 "XXXXX1 XXXXX7 The Straits Times interactive: http://straitstimes.asial.com.sQ is available from 6 am.

NEWS FLASH

HOME [ARTICLE]

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HOME NEW LIFE FOR OLD POLICE BLOCKS THE vacant police buildings m prime areas like Chinatown, Tanglin and Beach Road could end up being leased to the private sector. The old CID building on Eu Tong Sen Street and the former CNB headquarters are among those likely to attract commercial

COMMENTARY [ARTICLE]

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COMMENTARY U.S. SHIFTS FROM ARAB WORLD A SUBTLE yet highly significant change m American foreign policy is taking place. The United States is shifting its Islamic focus away from Arab nations even the moderate ones to a wider set of interests m Asia, Africa and the Persian Gulf. The Arab-Israeli

FORUM [ARTICLE]

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FORUM FANCY UNIT MAY CAUSE ENVY WHILE he is not against foreigners wanting to seek medical treatment here, ST reader Wong Wee Nam says it is dismaying to know that a unit to "cater to every whim and fancy of overseas patients" is being set up when local patients do

LIFE! [ARTICLE]

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LIFE! EXPAT HEAVEN OR HELL? IN A shrinking job market, more Singaporeans are looking overseas. And it is nice work when they can get it. But life as an expatriate has its woes too. It can be especially tough on some wives, who may feel isolated and "overwhelmed by a

SPORTS [ARTICLE + ILLUSTRATION]

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SPORTS A Sunday absence Keanely felt... THE glaring absence of Roy Keane resulted m United slipping to a 2-2 draw m Sunday's game against Derby County. Keane missed the match because of a knee injury. And that coming just after the United announcement that he had signed a new four-year

HOME [ARTICLE]

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HOME Paying big bucks for health tests INGROWN toenails might just be overlooked, but not much else. Most other parts of the body nose, lungs, breasts, liver, pancreas, stomach, ovaries, prostate, you name it come under close scrutiny. This is the world of health screening today. It is big business,

WORLD [ARTICLE]

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WORLD War robots on way THE US Army is edging closer to getting robots to take the place of real soldiers on the battlefield. It will choose a private contractor from among three rival groups led by Boeing, General Dynamics and Lockheed Martin to develop the technology. The first generation

MONEY [ARTICLE]

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MONEY SECOND TOWN CLUB IN TROUBLE ALLIANCE Technology and Development is opting to be put under judicial management, along with its loss-making Fort Canning Country Club. It told the Singapore Exchange that its debts total some 811") million, with about $H() million owed to financial creditors. Its Fort Canning subsidiary

WORLD [ARTICLE]

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WORLD SWISS VOTE TO BE IN U.N. THE Swiss, who have guarded their neutrality for centuries, took a big step on Sunday towards ending their state of political isolation by voting to join the United Nations. Switzerland, a country of 7.3 million people sitting m the centre of Europe, has

ASIA [ARTICLE]

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ASIA A RIGHT ROYAL APOLOGY THE Far Eastern Economic Review has backed down and apologised to the Thai government for a Jan 10 article which alieged that there was tension between King Bhumibol Adulvadej and Prime Minister Thaksin Shinawatra. The two journalists who wrote the article. "A Right Royal Headache",

SPORTS [ARTICLE]

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SPORTS JURONGS SLICE OF FORTUNE JURONG FC has found its first big sponsor at last m Canadian 2-for-l Pizza after two years of being cash-strapped. Without a main sponsor since USA Lines pulled out, it has now signed a one-year deal worth S 100,000 with the pizza company through an

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MAIN Prime 3-5 World 6-15 Editorial 16 Commentary 16,17 Forum 18,19 HOME Home Hl-Hll Tech Science Hl2 ASIA Asia Al East Asia.... A2-A4 S-E Asia A5 Malaysia A6-A8 Weather A8 SPORTS/ MONEY Sports Sl-S4 Money S6-Sl4 LIFE! What's On L 2 Home. Work L4,L6 Cinema L 6 Travel L7,LB TV

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PRIME NEWS

Indonesia preparing anti-terror law [ARTICLE]

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Indonesia preparing anti-terror law DEVI ASMARANI Proposed legislation will take three months to draft and encourage joint efforts with neighbouring countries By STRAITS TI NIKS INDONESIA BUBEAU JAKARTA Under pressure to show it is taking steps to deal with the terrorist threat, the Indonesian government has announced it is preparing

Indonesian team due here to quiz JI men [ARTICLE]

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Indonesian team due here to quiz JI men Devi Asmarani JAKARTA A team of Indonesian police officers is set to visit Singapore again this week, taking up an offer by the Republic's authorities to interview detained members of a militant group. National Police spokesman Saleh Saaf said a four-mem-ber team,

ANSETT BECOMES HISTORY [ARTICLE + ILLUSTRATION]

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ANSETT BECOMES HISTORY AFP Flight attendant Tanya Harriss (centre) is determined to see Ansett Airlines out with a smile as staff gather for a farewell party m Sydney yesterday. Ansett, once Australia's biggest airline, officially ceased operations at midnight yesterday.

Businessman dies in fight over chair [ARTICLE]

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Businessman dies in fight over chair JULYN KANG *L A QUARREL over the design of a chair at a furniture fair turned into a tight, and it led to the death of a 48-year-old Dutch businessman over the weekend. Mr Ix'onardus Franciscus Maria van der Storm died from head injuries

Chinese explorers 'discovered America' [ARTICLE]

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Chinese explorers 'discovered America' ALFRED LEE Bu STRAITS TIMES EUROPE Hi iv v THE WRITINGS AND LOGS OF CHRISTOPHER COLUMBUS, JAMES COOK AND FERDINAND MAGELLAN ACKNOWLEDGE THEY HAD AND USED MAPS. THE QUESTION IS: WHO DREW THOSE MAPS? THE CHINESE, WHO WERE THE FIRST TO RULE THE OCEANS, WITH ZHENG

Zimbabwe stays in Commonwealth for now [ARTICLE]

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Zimbabwe stays in Commonwealth for now CHUA LEE HOONG Leaders to await findings of election observers, 3-man panel set up to decide on action that should follow outcome By IN COOI .1 M i\l "STK.M I A COMMONWEALTH leaders agreed yesterday not to expel Zimbabwe from the grouping, but to

What it should have been [ARTICLE]

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What it should have been IN THE report, "URA site priced realistically" (ST, March 2). we quoted a senior Chesterton International executive as saying that a recent bid of $220 per square foot (psf) per plot ratio (ppr) for a land parcel m Marina South, by an unnamed developer, was

LOOKING TO THE FUTURE [ARTICLE + ILLUSTRATION]

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LOOKING TO THE FUTURE AP Commonwealth heads of government, South Africa's Mr Mbeki (left), Britain's Mr Blair and Nigeria's Obasanjo, are involved m discussions on the role the group will play m future.

Start baby's album while he is in womb [ARTICLE + ILLUSTRATION]

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Start baby's album while he is in womb SALMA KHALIK ill \i ill :okkks»>o\|)kvi SOME parents just can't wait tor their children to arrive before taking pictures of them. So they start their baby albums with three-dimensional, colour photographs of their unborn children. These are taken with a sophisticated ultrasound

Violence set to rise after bloody weekend [ARTICLE]

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Violence set to rise after bloody weekend ABRAHAM RABINOVICH Israel and Palestinian militants both vow to step up reprisals following weekend's carnage m which 49 people were killed By l\ JIHISAIEM LOCKED m a grim battle of body counts, Israel and the Palestinians were yesterday preparing to step up reprisals,

US loses first copter in Afghan fighting; 7 Killed [ARTICLE]

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US loses first copter in Afghan fighting; 7 Killed WASHINGTON At least six Americans wore killed and an unknown number wounded when their helicopter was shot down over eastern Afghanistan m intense fighting that caused the worst casualties of the five-month-old war. It was the first United States aircraft taken

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WORLD

Vatican now only state left out of world body [ARTICLE + ILLUSTRATION]

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Vatican now only state left out of world body GENEVA Switzt Hand will become the 190 th or 191 st member of the United Nations, depending on whether East Timor accedes before September. This leaves the Vatican as the only state outside the world body. The UN has its European

Swiss end isolation and vote to join UN [ARTICLE]

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Swiss end isolation and vote to join UN Sept 11 incidents are seen to have led the Swiss to believe they can no longer sit on the sidelines m an era of global politics PARIS For centuries, small, landlocked Switzerland has fiercely guarded its neutrality, refusing to take sides m

Saudi Mid-East peace plan causing Arab rift [ARTICLE]

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Saudi Mid-East peace plan causing Arab rift Syria, Lebanon and Libya reject the proposal, insisting that peace must be based on UN Council resolutions JEDDAH Saudi Arabia's land-for-peace plan to end the Middle East conflict is causing a rift among Arabs ahead of a key summit. Libyan leader Muammar Gaddafi

Israel using sounds of war as new weapon [ARTICLE]

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Israel using sounds of war as new weapon WASHINGTON The Israeli Army is using a new psychological weapon against the Palestinians m the occupied territories amplified sounds of war, according to a Saudi report. A report by the Washington correspondent of the English-language Arab News daily said the Israeli army

Ready to die [ARTICLE + ILLUSTRATION]

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Ready to die PALESTINIAN suicide bomber Mohammed Daragmeh, 20. reading out his statement of intent before setting on for Jerusalem where he detonated an explosive on Saturday, killing nine Israelis. Ready to die like him are these Hamas militants, taking part m a Gaza Strip rally on Sunday. REUTERS AP

Fatah-linked group says it shot dead collaborator [ARTICLE]

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Fatah-linked group says it shot dead collaborator NABLUS, West Bank A Palestinian armed group linked to President Yasser Arafat's Fatah faction said on Sunday it had shot dead a Palestinian man it alleged had collaborated with Israeli intelligence to target militants. A source from the group, the Al-Aqsa Martyrs Brigades,

Robot warriors a step closer [ARTICLE + ILLUSTRATION]

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Robot warriors a step closer New technology will allow sophisticated weapons to be deployed within 10 years close to enemy lines with minimum risk LONDON The US Army this week will take another step closer to replacing soldiers with robots on the battlefield of the future. It will choose a

N-bomb scare kept secret for months, says Time [ARTICLE]

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N-bomb scare kept secret for months, says Time NEW YORK One month after the Sept 11 terrorist onslaught on the United States, senior US officials were informed that terrorists had obtained a 10-kilo-ton nuclear bomb and were planning to smuggle it into New York. Time Magazine has reported. In its

Congress wants objectives spelt out clearly by Washington [ARTICLE]

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Congress wants objectives spelt out clearly by Washington FIGHT AGAINST TERROR WASHINGTON As the United States opens more fronts m its war on terrorism, calls are increasing m Congress for the Bush administration to better define the new military missions and give some idea how long they might last. The

India's social Unity in tatters after communal riots [ARTICLE + ILLUSTRATION]

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India's social Unity in tatters after communal riots Prime Minister Vajpayee admits the violence is a national disgrace and has harmed its image abroad I CANNOT SAY THE SITUATION IS NORMAL BUT THE SITUATION IS RETURNING TO NORMALCY.' Gujarat Chief Minister Varcndra Modi India began picking up the rijeces yesterday

WORLD FILE

SPECIAL ARGENTINA TAX ON BIG FIRMS [ARTICLE]

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SPECIAL ARGENTINA TAX ON BIG FIRMS CASH-STRAPPED Argentina intends to impose an emergency tax on large firms to raise some US$l.2 billion (552.2 billion) to aid the poor, according to press reports on Sunday, citing President Eduardo Duhalde. He explained that "a one-time tax will be applied to those large

HUBBLE GETS NEW SOLAR WING [ARTICLE]

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HUBBLE GETS NEW SOLAR WING TWO shuttle astronauts ventured out into open space yesterday to install a new. Stronger solar wing on the Hubble Space Telescope. John Grunsfeld and Richard Linnehan emerged from the snacc shuttle Columbia lii^h ■hove Africa, m the first of five excursions planned this week to

NY BANS USE OF CELL PHONE IN CAR [ARTICLE]

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NY BANS USE OF CELL PHONE IN CAR MANY US states over tinpast year have considered Banning the use of band-held cellular phones while driving, but so far only one New York has taken that step. More than 2, ()<)() tickets have been issued since the ban took effect on

STRIKE SHUTS DOWN NEPAL SCHOOLS [ARTICLE]

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STRIKE SHUTS DOWN NEPAL SCHOOLS A STRIKE called by the student wing of Maoist rebels sbut down most schools and colleges across Nepal yesterday. The All Nepal National Free Student Union Revolutionary is demanding lower tees m private schools, which it says should be managed by the government AP

SRI LANKA TO KEEP ITS GUARD UP [ARTICLE]

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SRI LANKA TO KEEP ITS GUARD UP PRIME Minister Kanil Wickremesinghe said yesterday that he was eager to make peace with Tamil Tiger rebels, but not at the expense of compromising Sri Lanka's security and sovereignty. Initiating ;i debate m Parliament on the ceasefire agreement he Signed with the rebels

Horse trainer Ivan Allan's ex-mistress tells all about affair [ARTICLE + ILLUSTRATION]

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Horse trainer Ivan Allan's ex-mistress tells all about affair ALFRED LEE Glory Anne Clibbery reveals sordid details of their relationship to two London papers, after a gag order against her is lifted By NIKAIIS 1 INU S H HOi'i HI KhAl LONDON The ex-mistress of former Singapore racehorse trainer Ivan

PEOPLE

50 years together for Reagans [ARTICLE + ILLUSTRATION]

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50 years together for Reagans CHOCOLATE CAKE AT HOME LOS ANGELES Ronald and Nancy Reagan celebrated their 50th wedding anniversary yesterday, still inseparable after years together m Hollywood, tinWhite House and. finally, m the shadows ot' Alzheimer's disease. "Ronnie and I have been through so much together, but it still

STATE DEFT JOB FOR THIS CHENEY [ARTICLE]

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STATE DEFT JOB FOR THIS CHENEY WASHINGTON One of Vice- President Dick Cheney's two daughters has heen hired to a highlevel post at the State Department, officials have confirmed. Ms Elizabeth Cheney, a lawyer by training, is to serve as an assistant to Mr William Burns, the assistant secretary for

PRINCE ANDREW ON HOMEWORK [ARTICLE + ILLUSTRATION]

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PRINCE ANDREW ON HOMEWORK DANVILLE (California) Prince Andrew answered some tough questions while visiting a San Francisco Bay area school, including why there's so much nomework. Tin going to make no apologies ahout the school's policy to make you do your homework, the Duke of York said at Athenian School,

MILLS TO MARRY IN CHANTILLY DRESS [ARTICLE]

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MILLS TO MARRY IN CHANTILLY DRESS LONDON Heather Mills is reported to have ordered £10,000 (5526.000) worth of Chantillv lace for her wedding dress. According to Ananova, a British online news service, the former model wiD use the French fabric to create an off-white lace and silk dress. She is

RED TIDE [ARTICLE + ILLUSTRATION]

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RED TIDE A resident of the small South African coastal town of Elands Bay collects some of the 1,000 tonnes of Cape Rock lobster stranded on the shore after a "red tide". Conservation officials and volunteers battled to save those still alive and to remove potentially toxic carcasses. REUTERS

BMW offers early retirement for working long hours [ARTICLE]

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BMW offers early retirement for working long hours The carmaker wants the 'working time credit account' which enables flexible hours extended thouqhout a lifetime LONDON German carmaker BMW is planning radical changes to working practices that would mean that employees could work longer hours m order to retire early or

HOW IT WORKS WORKING [ARTICLE]

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HOW IT WORKS WORKING time credit account refers to the practice of workers putting m more hours than they should during busy periods and taking the time off at other times. BMW wants to extend this to cover the lifetime of a worker. It also wants to include a pension

Dallas school district to sell naming rights [ARTICLE]

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Dallas school district to sell naming rights DALLAS Want to leave a mark on the world? In what is believed to be the largest ever scheme of its type m the United States, a public school district is selling permanent naming rights to dozens of facilities, from libraries to, laboratories

Climber falls and left dangling for 12 hours [ARTICLE]

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Climber falls and left dangling for 12 hours LONDON A climber has had a lucky escape after falling more than 70 m down Scotland's highest mountain. Mr John Hunston, 44, was nearing the summit of Ben Nevis with a companion when one of his ice screws gave way and he

Sydney carjackers targeting women [ARTICLE]

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Sydney carjackers targeting women Grandma bashed by three men who followed her home and attacked her m her garage to steal her Subaru Impreza Lawyer confronted m office garage by gang who threatened her at gunpoint before taking her Porsche Boxster Improved anti-theft devices are blamed for a big increase

Britain suffers defeat as Africa backs Mugabe [ARTICLE]

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Britain suffers defeat as Africa backs Mugabe COMMONWEALTH MEETING COOLUM Australia) The Commonwealth leaders 1 decision to stall action on Zimbabwe represents a bitter defeat for Britain and a coming of age for African nations which appear to have voted as a Mock to keep solidarity with Zimbabwe's ageing Marxist

Blair's 'dirty' little secret [ARTICLE + ILLUSTRATION]

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Blair's 'dirty' little secret LONDON British Prime Minister Tony Blair had a surprise up his sleeve at the Commonwealth Heads of Government meeting m Australia at the weekend. Hidden from view under the right cuffs of two shirts that he took to the conference at Coolum, near Brisbane, were pictures

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COMMENTARY ANALYSIS

The Straits Times

India's mayhem [ARTICLE]

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India's mayhem Prime Minister Atal Behari Vajpayee called the communal violence sparked off by religious extremists m Gujarat "a disgrace to the Indian nation". That is putting it mildly, as the Indian army enforces a shoot-on-sight order against trouble-makers to stop the mayhem that left nearly 500 people dead. Last

India at crossroads after Gujarat riots [ARTICLE + ILLUSTRATION]

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India at crossroads after Gujarat riots NIRMAL GHOSH By INDIA CORRESPONDENT At stake is the direction ofHindutva, the Hindu chauvinism that seeks to turn India into a Hindu supremacist state, and of which the Bharatiya Janata Party is the reasonable, accept able face. NEW DELHI The flames of the Sabarmati

Drawing a clear line in bioethics debate [ARTICLE]

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Drawing a clear line in bioethics debate THE WASHINGTON POST To say the line's exact location is unclear does not mean it does not exist or cannot be drawn. Can anyone really believe there is no way to distinguish, morally or legally, between preventing a vicious disease such as Alzheimer's

US taking a wider view of Islamic world [ARTICLE + ILLUSTRATION]

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US taking a wider view of Islamic world ROBIN WRIGHT By I.OSANGK.I .K.S TINU S WASHINGTON In a gradual but increasingly visible change since Sept 11, the United States is shifting its focus and priorities m the Islamic world away from Arab nations particularly states caught up m the Arab-

Breaking down iron wall of ideas [ARTICLE]

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Breaking down iron wall of ideas THOMAS FRIEDMAN By M W YORK II MIS I HAVE spent the last six weeks m the Arab-Muslim world, discussing Sept 11 and American-Muslim relations. So I did not know whether to laugh or cry when I heard the Pentagon was considering using false

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FORUM

Change culture to create thinking workforce [LETTER]

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Change culture to create thinking workforce I REFER to Mr Tan Kin Lian's letter, "Two reasons why the boss is often wrong" (ST, March 2). The focus seems to have shifted from the original issues highlighted in Mr Roger Chew Loon Boon's letter, "Change mindset for a thinking workforce" (ST,Feb2.i).

information cannot replace experience [LETTER]

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information cannot replace experience MR LAL Wah uen (Bosses are not always right ST, March 2) is correct to say that managers may not have all the information that their subordinates have. And Mr Tan Kin Lian ('Two reasons why the boss is often wrong"; ST, March 2) suggested a

Keep conveyor-belt sushi at right temperature [LETTER + ILLUSTRATION]

Page 18

Keep conveyor-belt sushi at right temperature I AM concerned over the hygiene in many conveyor belt" sushi restaurants here. How can raw seafood be displayed without refrigeration for extended periods of time before consumption? In the United States, sushi restaurants are n f required to keep raw seafood at below

Differential treatment may weaken bonds [LETTER]

Page 18

Differential treatment may weaken bonds 1 REFER to the article. "Wooing foreign patients the way to go" (ST. March 1), in which Health Minister Lim Hng Kiang was quoted as saying that my view s were "simplistic and shallow". Contrary to what he may think, my views were made in

Let users track number of SMS sent [LETTER]

Page 18

Let users track number of SMS sent SHORT Message Sen ice (SMS) has become very popular among young people and adults. I use SMS frequently because of its convenience but find it hard keeping track of how many messages I have sent out. I believe others, too. face the same

Fateha has the right to express views too [LETTER]

Page 19

Fateha has the right to express views too LET US COME TO A POINT OF MATURITY IN OUR NATIONHOOD WHERE WE PERMIT OUR FELLOW CITIZENS TO SPEAK THEIR MIND, WHILE RESERVIN6 THE RIGHT TO DISAGREE AMICABLY WITH THEM. I REFER to Mr Edwin Lim Jit Peng's letter, "Close Fateha's website

Deny ex-politician concert licence [LETTER + ILLUSTRATION]

Page 19

Deny ex-politician concert licence IT IS inappropriate to let former Taipei city councillor Chu Mei-feng perform a series of concerts here. Given that she is at the centre of a sex scandal, what message will we be sending to our people, m particular, the young? Allowing her to perform here

IN-based solution not ruled out for phones [LETTER]

Page 19

IN -based solution not ruled out for phones I REFER to Ms Claudia Teo's letter, "Implement IN-based solution for mobile-phone users" (ST, Feb 27). Mobile Number Portability (MNP) has been available m Singapore since the start of mobile competition m April 1997The two mobile operators at that time, Mobile One

Better demarcation for road shoulders [LETTER]

Page 19

Better demarcation for road shoulders I REFER to Mr Tan Thiam Soon's letter, "Make it a rough ride on road shoulders" (ST, Feb 2b). We would like to inform Mr Tan that we are currently looking into ways to improve the demarcation of expressway shoulders to help deter motorists from

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Page 18

generation business To make the new IBM computers work like a dream, we didn't just listen to our engineers.^^ But every other department. Because as important as technology is. there's more to any computer than^m-- -j-Ji-' i-M&ffi/^L just what goes into it. Not that we Ve compromised in any way.

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Page 19

iVJeans {business Suntec Singapore International Convention and Exhibition Centre, m m Rooms 201, 208-209, Level 2 i March 15, 2002 (Friday), 2pm 5.30pm Admission: By Registration f^k Organised by: Japan External Trade Organization (JETRO) Singapore Representative Office, Singapore Trade Development Board Japan Local Authorities Representative Offices Supported by: Singapore Confederation

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Page 19

Lharn a Niew Skju- Now as a beauty or spa thcraptst/.t ■COSMOPROF igSgl BEAUTY AND SPA ACADEMY 1 Selegie Road, Paradiz Centre, #02 10/11/12/13/14 Singapore XXXXX6 Sign up now during this recession period for a Beauty or Spa Therapy Diploma course at Cosmoprof! This is a growing industry that is

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1 iyl I) PJHPRIFYSGOL q| TfSfi^ M|A%f\fa UNIVIUSIIVOI dMtWte |S§| UNIVERSITY univfpsity of wfstm.nstfr s^| I^i^^ W o*rv/\ 1 Hir\D!Ol<!> X2g/ OP WALES SflHHi S I ''.mTrs^' K°*X££%^^^ POSTGRADUATE DIPLOMA PROGRAMMES &Ba Macquarie unWers.^Sydne^ PROGRAMMES Professional Diploma m Business fc|^^^^^^^^^^^^^^^^| Awarded by Edith Cowan University Global Executive Commences April 2002

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M XT Next Stop... Potong Pasir We knew it would be opened, residents say, but shopowners are worriea. pace hs f" wrL^^j EBB i 3 F N T R E PBENEUKS Asia-Pacific Giant How Doreen Liv became the region's largest scientific publisher. page hi i i ins Tussle Over Terrace

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TOMORROW lien llu- Siii'4.i|)( >n I )iimiii is iiol ciioii^li lor Mr I I. Bong I in, Ml w^M IHLQSMvmZ^^^SP I II (v uu> can noU Kat^ nort l insU ac^ ()t R ()in B Down Inder for a I IBuliJ^iiSJ prestigious Monash I ni\ersit\ degree. Monash I niversity Malaysia,

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X S I A s I Creche Opens In School A cjeche opens m a Tofeo school to beat a shortage of day-care tenures. pick t S<)l 111 I \s| \sl\ Cashing In On Khmer History 'axfibodia to turn several Khmer Rouge historical sites into tourist spots. pac;ea4 Si »^fi

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T/ 1 um\m\ Jiiu Ji j& ™j| L VBBI |p%^ HAUSTON MASTER bcZCZI 18 months program for graduates or Diploma holders with 3-5 years Ih, I mwTwn i>l Wemrm supervisory work experience Sw/m\ is the <nl Limtsi > Comprehensive study and reading materials I ni\nsit\ m W! Australia > Expect

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I I^\^ Nanyang I I XI IT Polytechnic I I SPECIAL ADMISSIONS EXERCISE (SAE) I H| Applications for admission from GCE 'O' Level (or its equivalent) holders are invited for the following courses commencing I 1 July 2002. Those who have applied through the Joint Admissions Exercise are also welcome

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P^KV^fa ISP S3lf li he infocomm industr y -'"'Sp' "'-fc^^P^^yH' fflß^ iwP is d y namic and unpredictable, i\sfif'' X p ti^^^^^^^^^^^MmW MB with dramatic turnin 9 points. l^^vl W J [llKmil m 1 irjm\ Convergence of technologies and I < !ml paradigm shifts present exciting i 1 v hazards

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Page 8 Miscellaneous

Page 8 Miscellaneous Column 1 [MISCELLANEOUS]

Page 8

MALAYSIA WEATHER SsSr WerSinthe^ HAZE WATCH m+ ZW3ZC Cloudy MMM C^IC Cloudy Ku chinq ZVZIC Showers Prague 0C Cloudy mrriAAlf L 4J4 Haze reading taken yesterday. Adelaide ZV34C Clear Colombo ZZ/3ZC Fair Kunming 4/1K Showers Pusan Z/K Rain OUTLOOK: Afternoon passing showers are expected for the n^. c hniuort rnnaninM.

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B 1 \l I \T N Strong Contenders Xia Xuanze and P. Copichand are favourites for the All- England title. *2 'i*.jto i S ii U Keane Holds The Key The United captain is crucial to his club's championship campaign. s:i Baskf.tiali Learning The American Way The NBA s newest

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Scoreboard Latest results Include the when dialling on cellphone for links PIBr 88*5003 I Wl-H <&> HYURDRI 2002 fifa world cup™ Festival Lucky Draw Winners For February 2002 NAM E NRIC NO VEH REG NO DR CHONG KWANG DICK XXXXX308H SDP6S24J TAN HONG CHENG XXXXX893 C SDQI72BR NGAHHENG XXXXX3488 SDN3BI9P

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Page 4 Miscellaneous Column 1 [MISCELLANEOUS]

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BASKETBALL Schools Championship, East Zone finals: Maniusn v Anghcan Hiqr- <2p mi Boys Maniusn y Cha' BILLIARDS SBSC National Championships GOLF National Selection Trials: RUGBY Schools National Uno>r-17 Championships M iACS-i 5 30prm Ri y PSS (Rl 5 30pm) SOCCER Civil Service Cup my PUB iPUBRCi Group B HOB v

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tffti helping hand was always first To render any aid he could: His voice was always raised m praise, In Memoriam V F s words were wise and good. Father.

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In Sweet B Remembrance Of Kulendran s/o Ramanathan Departed 5/3/67 Time changes many things: But not the memory this day brings Dearly missed by: Sister, Theva Mangkal Brothers, Theyvendran, Pala Chanthiran, Arumuganathan Selvendran Dear father, since you went away, The ones you loved so true. Try hard to carry on

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Come attend the Lianhe Zaobao Classified "Money-Making Ideas" seminar cum exhibition on 21st March for opportunities to kick -start your own business or to be part f of a successful franchise f^l 7 FOR DETAILS CALL: 319 8636

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Datt/Tim« 7 Mar 2002. 7 8 30 pm Presentation Outline Venue Phillip Securities Head Office Hear CMG First State 95 South Bridge Road 011-00 Investments views on markets Fund Manager Talib Oohadwaia manager s views on investment Portfolio Manager opportunities m the region CMG First State Investments Free Admission Light

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ROLEX ■/Jf^ L\ Mt %fiV\m\ f/W F W^S* Jti t i, tl ■Iff it I h SN^^nK^Jf 3 MmnM Wai A I X !Mwll Day-Date 1 8 ct pink gold Domed bezel and crystal Oyster bracelet Also available m white or yellow gold www. rolex com See the Rolex Collection

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Singapore Electricity Pool Sale Prices Sa« 05.03.02 1630 125.7933 0430 63 5261 1700 125 7932 0500 63 6266 1730 125 7937 0530 63 6225 1800 125 7926 0600 63 619 C 1830 1 25 7900 0630 63 6212 1900 125 7872 0700 63 6229 1930 125 7884 0730 63.6251 2000

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B^^^H sl^B^^^H^B^^h^^^^^^HS^ iiBO^I9B^K^I^9^H9K ■^^^^H^^^^^^^^^^^^^k jb^H9B^^^^9l^^H^^^HHH^£l iH^^Bt a^^^^^^^^^^^^^^^^^^^^^^^^H^^^K J^^^^^^^^^^l^h^^^^^^^^^l^h^B& dsß^^^^^B/^^Kn^^^B^^^E^^/&Eo i^^b^^h^^^h^^^^uh|^h^h^jr^k!v' >^wtyb NEC's NEAX2OOOIPS offers total peer-to-peer connectivity, full PBX functionality and traditional NEC reliability A full-featured IP-based communications system, the NEAX2OOOIPS provides pure VoIP peer-to-peer connections across corporate LANs and WANs. It offers superior flexibility through its ability to function

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ANNOUNCEMENT issued by ©OCBCBank OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated m Singapore) for and on behalf of NORFORD INVESTMENTS PTE LTD (Incorporated m Singapore) a wholly-owned subsidiary of FRASER AND NEAVE LIMITED (Incorporated m Singapore) to compulsorily acquire all the remaining ordinary shares of $0.50 each m CENTREPOINT PROPERTIES LTD (Incorporated

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Harness the Power of Projects Project managers need to gain a broader functional and strategic perspective to enable them to better define project scope and manage the achievement of business benefits through multi skilled project teams and flexible management practices. The Henley MBA m Project Management enables such competences to

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D'Furn Pte Ltd Formerly a d,v,s,on of D.etheim industries Pte Ltd ln conjunction with our new corporate identity, we are offering discounts up to *^K*T|t^^Bu Member of Diethelm Keller Group l<irn)S lfi conditions apply No 6 Lock Road. Gillman Village. Singapore XXXXX4 Tel (65) 476 1 788 Fax (65) 472

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The 13th International Showcase of Exhibitions on Machine Tools, Metalworking Machinery. Metrology and Moulding Technology The 14th Asian International Showcase CO of Exhibitions on Machine Tools and Metalworking Machinery. Metrology and Moulding Technology 4 to 8 June 2002 20 2^ 2 00 3 The MINES International Exhibition Centre Singapore Expo

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Shipping Tipping The Balance PSA's edge m transshipment cargo may see Evergreen stay put here. pu.ksii C 0 M pani r.s Trouble At The Fort Owner of Fort Canning Country' Club seeks to place it under judicial management. mgbiu Com pan 1 1 s Taking Control Neo C\>rp makes reverse

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M US Cirque dv Action at Indoor Stadium PAGE 3 Il\ Sohl K^ A|^K>^ V >4^L (>lum^ Shuanpii. (-hang ting, +T^Jmi JSn \i) rl T 11/" r l/ rI" r musician Zhao Xia missed the trip liHjH W\\ fl Bl ffl r iHEY are part of the blandly-named China vaHßfl

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The Straits Times home

Masthead [TITLE SECTION]

Page 1

The Straits Times home Tuesday, March 5, 2002

Untitled [ARTICLE]

Page 1

NO TIME FOR GRANDPARENTS 'Children arc so busy nowadays with piano lessons and tuition classes. They hardly have time with their parents, let alone grandparents. Assistant Professor I'll an g Leng I>cng from the National University of Singapore, on the widening generation gap

HEALTH CHECKS [ARTICLE + ILLUSTRATION]

Page 1

HEALTH CHECKS Tests you should have: Cholesterol tests evwy year, shirting at age 35 for men and 4o lor women Regular blood-pressure tests Colorectal-cancer checks from the age of 50 Cervical-oncer checks even' one to three years from die age of 25, or when sexually active A mammogram to check

Do you really need that test? [ARTICLE]

Page 1

Do you really need that test? SALMA KHALIK 111 \l I'll COKKIM'OM)|\ I Health screening is booming here, but with many turning to it, experts say that not every new test may be beneficial YOU might not be checked for ingrown toenails, but health screening today can be so comprehensive

Sister-in-law loses appeal over house [ARTICLE + ILLUSTRATION]

Page 2

Sister-in-law loses appeal over house The legal tussle over the $1.35-million house off Jalan Banesawan (above) bought by two brothers started when Madam Lim (far left) demanded a half share in it, after she started divorce proceedings against her husband. But her sister-in-law, Madam Koh (left), argued that the two

11 public holidays for next year [ARTICLE]

Page 2

11 public holidays for next year I THE Manpower Ministry said there will be 11 public holidays next year, starting with New Year's Day on Jan 1. Chinese New Year will fall on Feb 1, a Saturday. As the second day of the lunar year falls on Sunday, the following

Asthma-attack crash victim allowed to drive again [ARTICLE]

Page 2

Asthma-attack crash victim allowed to drive again ALETHEA LIM Police return her licence after she loses an application to challenge them in court, but she must bear the legal costs M. A WOMAN who wanted to take the Traffic Police to court for revoking her driving licence after she had

Man stole 35 cars — without driving licence [ARTICLE]

Page 2

Man stole 35 cars without driving licence HE DID not have a driving licence but LJm Boon Lee wanted to get around. So the 22-year-old, who is unemployed, went on a joyriding spree using 35 ears worth about $440,000 he allegedly stole from Dee 3] last year to Feb lb",

Growing generation gap a concern [ARTICLE + ILLUSTRATION]

Page 3

Growing generation gap a concern ALICIA YEO Experts say aaeing population and growth in nuclear families here could affect young-old interaction >h. This workshop spells the realisation that age integration, not age segregation, is essential fora healthy family, community and nation. Central Singapore mayor Heng Chee How We should have

FTA talks likely on BG Yeo's visit to US [ARTICLE]

Page 3

FTA talks likely on BG Yeo's visit to US THE United States-Singapore tree-trade agreement (FT A), which is currently in an advanced stage of negotiation, is expected to be discussed during a visit by Trade and Industry Minister George Yeo to the Brig-Gen (NS) Yeo's visit to the US and

Bridging the divide [ARTICLE]

Page 3

Bridging the divide EFFORTS to bridge the generation gap take different forms in different countries. In Japan, citizens are "paid" for community work, but not in yen. Rather, more than 100 local "currencies" have sprouted up in several of Japan's prefectures. Residents receive this community-based currency for their care, love

Green light for Potong Pasir MRT 'a shrewd move' [ARTICLE + ILLUSTRATION]

Page 5

Green light for Potong Pasir MRT 'a shrewd move' NEO HUI MIN It makes economic sense to open the station, say some of those interviewed; others think there is a political motive HEARTLAND HAPPENINGS Summing it up 'Look, if they can make $100 instead of $80, why would they choose

Aerospace show draws 62,000 visitors [ARTICLE + ILLUSTRATION]

Page 6

Aerospace show draws 62,000 visitors MORE than 62,000 visitors made their way to Asian Aerospace 2002, including 22,000 trade visitors from 65 countries. The week-long exhibition, which featured some 900 exhibiting companies from 37 countries, ended on Sunday. For the first time, visitors had the chance to get up close

Visit the Subordinate Courts now — online [ARTICLE]

Page 6

Visit the Subordinate Courts now online Its revamped user-friendly website provides a host of services for the public, as well as judges and lawyers GOING to court has just been made easier. The revamped Subordinate Courts website at http: 7 www. subcourts.gov.sg/index.htm boasts a host of new feature! that make

Security heads meet to tackle cyber-threats [ARTICLE]

Page 6

Security heads meet to tackle cyber-threats SAFETY IN CYBERSPACE REPRESENTATIVES of some 50 defence and national security agencies from the United States, Japan, Australia, Hongkong and Singapore are meeting here for a twoday cyber-security conference starting today. The conference, being held m Singapore for the first time and having the

Plan for better waste treatment [ARTICLE]

Page 6

Plan for better waste treatment MORE than 200 foodprocessing companies are housed at Block 15, Woodlands Loop. Together, they produce a lot of industrial food wasU\ which needs to he processed. Bacteria and other micro-organisms use up oxygen when they decompose organic matter. If there is a way to reduce

Two wheels good, three better [ARTICLE + ILLUSTRATION]

Page 7

Two wheels good, three better IT LOOKS like a wheelchair with the front end of a bicycle attached And for Mr Koh Chwee Lai, HS, the device brought back memories of childhood days. He said: "When 1 was VOUIIg, 1 rode on two wheels. Now that I'm old, I ride

AMP against racial quotas in schools [ARTICLE]

Page 7

AMP against racial quotas in schools It also rejects suggestions that a high percentage of Malay students m schools will lead to academic underperformance THE Association of Muslim Professionals (AMP) has come out against a suggestion that racial quotas be implemented m schools. It argues that it is a myth

SMS for kidney screening [ARTICLE]

Page 7

SMS for kidney screening HEALTH LIVING NKF aims to get more to take the tests with its new SMS facility A THREE-LETIKR text message could kick-start thousands of Singaporeans into a healthier lifestyle. Zeroing m on Singaporeans' facility with short message service (SMS), the National Kidney Foundation (XKF) is using

S'pore-India joint anti-submarine exercise [ARTICLE]

Page 7

S 'pore-India joint anti-submarine exercise THE Singapore and Indian navies began a 12-day exercise off the port of Kochi m southern India yesterday. Designed to promote closer professional ties, the antisubmarine warfare drill will include aircraft and helicopter support from the Indian Air Force. A joint statement from the Ministry

Empty police buildings may be up for lease [ARTICLE + ILLUSTRATION]

Page 8

Empty police buildings may be up for lease K.C. VIJAYAN These were vacated when departments moved to new sites and some stand on prime land, such as in Chinatown and Tanglin '21 NEW USES? AMONG the buildings which could be leased to the private sector are: The CID building in

Robber took $15, then demanded more cash [ARTICLE]

Page 8

Robber took $15, then demanded more cash He suddenly came running behind me and as I turned round, he pointed the Knife at me and asked 'got money or not, if no, I will poke you' Mr Lee MUGGED of the $15 he had on him, a cleaner got a

Hospital employee bit and scalded maid [ARTICLE]

Page 9

Hospital employee bit and scalded maid WONG SHER MAINE Mother of three-year-old bit her breast until nipple fell off and also hit her head with back of chopper Bu ON THE outside, she seemed like a model citizen. Active m grassroots work, she organised block parties and chaired a handicrafts

Youth assaulted at Orchard MRT station [ARTICLE + ILLUSTRATION]

Page 9

Youth assaulted at Orchard MRT station GINNIE TEO By 7 screamed and shouted but no one came to help me. There were people around walking past but no one stopped. Mr Yeo (above), who was set upon by fne youngsters, one of whom he had bumped into earlier on. The

When Lady Luck smiles, seize the day [ARTICLE + ILLUSTRATION]

Page 11

When Lady Luck smiles, seize the day Making of an Entrepreneur A chance encounter with a Nobel laureate physicist m China led to a life-transforming experience. Ms Doreen Liv tells ANDY HO how she made the switch from bored civil servant to leading publisher of scientific journals m the Asia

TECH & SCIENCE

Panel against payments for tissue donation [ARTICLE]

Page 12

Panel against payments for tissue donation NATALIE SOU Bioethics Advisory Committee suggests that it should be an outright gift from the donor for the benefit of research 9a Fight over profits m US ISSUES involving the donation of human tissue are under discussion because some donors m other countries have

SIGNS OF LIFE [ARTICLE + ILLUSTRATION]

Page 12

SIGNS OF LIFE AFP Toshiba researcher Kazushige Ouchi demonstrates a prototype Lite Minder, a portable health-care device that measures the wearer's pulse, temperature and galvanic skin reflex, monitoring his health condition and displaying warnings for mental and bodily stress on the connected handheld PC. Toshiba expects to put it on

NZ against pig-tissue implants in human beings [ARTICLE]

Page 12

NZ against pig-tissue implants in human beings WELLINGTON New Zealand has opposed a plan by the Cook Islands to allow pig tissue to be implanted m human beings as a possible cure for diabetics. Scientists from around the world warn that the technique might allow a pig virus to cross

The Straits Times asia

Masthead [TITLE SECTION]

Page 1

The Straits Times asia Tuesday, Maph 5, 2002

Untitled [ARTICLE]

Page 1

TIME FOR WORLD CUP LESSON 'We've suggested that schools prepare TVs for students and have... footballers commentate during the matches. Thai I illicit ion Minisli official \ikum (liariimana, disclosing that srliools ii in allow sliiclt-nts to watch \V«»rld Cup inatc-hes li\c

Aceh to enforce Islamic dress code in towns [ARTICLE + ILLUSTRATION]

Page 1

Aceh to enforce Islamic dress code in towns MARIANNE KEARNEY By STK MIS II M is l\l)()\l SI HI IU \l ACCEPTABLE NOT ACCEPTABLE MEN Muslims must cover their midriff and shorts must not expose their knees WOMEN They must be entirely covered, except for their face, hands and feet

EAST ASIA

Executives suffer rapes in silence to keep their jobs [ARTICLE]

Page 2

Executives suffer rapes in silence to keep their jobs HONGKONG Women executives m Hongkong are keeping mum about sexual harassment and even rape m the office for fear of losing their jobs amid the economic hard times. The Association Concerning Sexual Violence Against Women revealed there had been a five-fold

Air cops for China flights [ARTICLE]

Page 2

Air cops for China flights SHANGHAI The first batch of newly trained air police to protect passengers on domestic flights within China will take to the skies this summer, it was reported yesterday. A training centre which has set up the first professional course m air security approved by the

QUINTUPLETS FOR WOMAN [ARTICLE + ILLUSTRATION]

Page 2

QUINTUPLETS FOR WOMAN AP Lying m a hospital m Beijing a week ago, this woman was no ordinary mum-to-be. Her sister, putting her ear to her abdomen, was listening to the heartbeat of the five unborn babies. Yesterday, Wang driving gave birth to the quintuplets three girls and two boys

Talent hunt spurs rash of fake degrees [ARTICLE]

Page 2

Talent hunt spurs rash of fake degrees MARY KWANG Some people buy degrees, others graduate without attending class By MINA C ORKI SI'ONDI I BEIJING The hunt for talent m China has intensified following its entry into the World Trade Organisation (WTO), leading to a frenzied chase for academic credentials

Top official hints that Jiang may not retire fully [ARTICLE]

Page 2

Top official hints that Jiang may not retire fully DAVID HSIEH Run-up To National People's Congress Meeting The National People's Congress spokesman lets slip that there is no age limit on candidates eligible for China's presidency B U STRAITS TIMES CHINA BUREAI 'Reading between the lines, he means that nothing

Creche opens in Tokyo school to beat child-care centre shortage [ARTICLE]

Page 3

Creche opens in Tokyo school to beat child-care centre shortage KWAN WENG KIN More such facilities are m the pipeline as the Koizumi government acts to meet the increasing demand By JAPAN OKRKSPONDI A I TOKYO A creche opened for business here this month using two unused classrooms at a

Ministry admits Tanaka nemesis' undue influence [ARTICLE]

Page 3

Ministry admits Tanaka nemesis' undue influence TOKYO Japan's Foreign Ministry yesterday admitted that the ruling party veteran who triggered the downfall of popular foreign minister Makiko Tanaka had interfered m bidding on aid projects on Russian-held islands claimed by Japan. The ministry said m a report ordered by new Foreign

Teen smitten by Vicki Zhao meets tragic end [ARTICLE]

Page 3

Teen smitten by Vicki Zhao meets tragic end BEIJING A lovestruck teenage boy who launched a crom-OOUlltry quest to find and befriend attractive Chinese actress Vieki Zhao killed himself" by drinking pesticide after he ran out of money along the way. The boy, 17, identified only by his surname, /hang,

SOUTH-EAST ASIA

The Khmer Rouge tour [ARTICLE + ILLUSTRATION]

Page 4

The Khmer Rouge tour TOM FAWTHROP Cambodia to turn the area where Pol Pot died and was cremated and 28 other key Khmer Rouge sites into tourist spots IN AN LONG VKNG. CAMBODIA Tourists will be told of atrocities We want the tourists to come ami we want to educate

We still need you, party tells chairman Amien [ARTICLE]

Page 4

We still need you, party tells chairman Amien JAKARTA Indonesia's National Mandate Party (PAN has asked chairman Amien Rais to continue to lead the party following his announcement that he intended to resign to focus on his job as National Assembly speaker. The plenary meeting of PAN's board of executives

Politician's tabloid to expose media misdeeds [ARTICLE]

Page 5

Politician's tabloid to expose media misdeeds BANGKOK A Thai politician, who was hounded by the press after his son evaded a murder rap, is plotting his revenue by launching a monthly tabloid that will reveal media corruption and reporters" sexual misdeeds. Mr Chalerm Yoobamrung was a leading figure m the

Thailand's red hot contest [ARTICLE + ILLUSTRATION]

Page 5

Thailand's red hot contest BANGKOK There was drama aplenty at a recent chilli-eating contest as participants battled it out m the 12-minute affair which saw tears, vomiting, fainting and even cheating. "At some points, mv tongue just went numb," said winner Chintana Nansanga, a 2.i-\ear- old humanities student at Ramkhamhaeng

FEER backs down and apologises for article [ARTICLE]

Page 5

FEER backs down and apologises for article Under pressure from the Thaksin government, the magazine says sorry for any offence it might have caused BANGKOK The Far Eastern Economic Review (FEER) yesterday buckled under pressure from the Thai government and apologised for a Jan 10 article which provoked police to

Bangkok orders survey removed from Web [ARTICLE]

Page 5

Bangkok orders survey removed from Web BANGKOK Police yesterday ordered an Economist magazine survey which touches on the Thai monarchy to be removed from the magazine's website. The controversial survey was made available for free after being barred from distribution here recently. The Economist's circulation director for Asia, Mr Peter

MALAYSIA

NST and Star deny Singapore influence [ARTICLE]

Page 6

NST and Star deny Singapore influence REME AHMAD The two major English-language dailies reject claims by an opposition party that the Republic has a 'say' m their editorial content By l\ Kl".\l. I IMIMIt NEWSPAPERS here are controlled by Malaysians and there is no editorial interference or input by the

The major shareholders [ARTICLE]

Page 6

The major shareholders THE biggest stakes m The New Straits Times Press (M) Bhd are held by Malaysian Resources Corp Bhd (43.5 per cent), the Employees Provident Fund (22.4 per cent) and Great Eastern Life Assurance (H) Bhd (5.97 per cent), according to Kuala Lumpur Stock Exchange data. The main

MAIDEN SKYDIVE [ARTICLE + ILLUSTRATION]

Page 6

MAIDEN SKYDIVE Age is no barrier to adventure. Mrs Irene Chararuks, 51, being lifted by triends, made her maiden jump with 100 other skydivers at the Borneo Boogie skydiving event m Kota Kinablu on Sunday, to applause from her supporters. THE STAR ASIA NEWS NETWORK

Land reclamation report delayed [ARTICLE]

Page 6

Land reclamation report delayed REME AHMAD By 1\ M AI.A lIMI'IK JOHOR has delayed submitting a report to the federal government on Singapore's land reclamation, but a separate one prepared by the Land and Cooperative Development Ministry will be discussed by the Cabinet tomorrow. No reason was given for the

ROYAL ENGAGEMENT [ARTICLE + ILLUSTRATION]

Page 7

ROYAL ENGAGEMENT )ne step closer to becoming a princess, radiant bride-to-be and Former Singapore Airlines stewardess Julita Aishah Abdul Latiff, 31, receives an engagement ring from a Pahang prince, Tengku Abdul Rabman Sultan Ahmad Shah, 42, who is second m line to the state throne. ASIA NEWS NETWORK SIN CHEW

2 escape from KL police lock-up [ARTICLE]

Page 7

2 escape from KL police lock-up After repeated breakouts, the government now plans to review the security features of the jails KUALA LUMPUR Two detainees, suspected of hijacking an airport express bus and robbing its passengers, escaped from a police station early yesterday morning the latest m a series of

Time after time [ARTICLE]

Page 7

Time after time March 4, 2002: Two suspects of a hijaek-cum-robbery escape from Selangor police. March Z, 2002: Eleven detainees escape from Kota Tinggi police. Feb 4, 2002: Six detainees escape from Pahang police. Earlier. 153 immigration offenders walked away when their trucks stopped at the Air Hitam police station.

Business fight likely reason for Thai bus bombings [ARTICLE]

Page 7

Business fight likely reason for Thai bus bombings lIATYAI The local authorities have ruled out Muslim separatists as the culprits hehind the recent bombings of two tour buses, saying a business conflict between Malaysian tour bus operators was the most likely motive. Sources m tourism circles here pointed to confrontations

Malaysians back curbs on Indonesian workers [ARTICLE]

Page 8

Malaysians back curbs on Indonesian workers But 71 per cent did not favour deporting all workers, signalling an awareness of the country's need KUALA LUMPUR A majority of Malaysians back the governments move to impose restrictions on hiring Indonesian workers, saving these migrants posed a threat to social order. Respondents

2,000 await deportation [ARTICLE]

Page 8

2,000 await deportation KUALA LUMPUR About 2,000 illegal immigrants are being held m detention camps awaiting deportation after the biggest crackdown m Sabah m 20 years, officials said yesterday. More than 3,000 homes have also been demolished m a sweep which aims to flush out some 30,000 migrants. "We will

The Straits Times sports

Masthead [TITLE SECTION]

Page 1

The Straits Times sports Tuesday, March 5, 2002

Untitled [ARTICLE]

Page 1

NEW TASTE FOR SUNDRAM 'One must try new things. Jiiroiig I < soccer coach V. Suiidi ainooi th\. I rung a slice of liis club sponsor's pi/sa though he is more at home with Indian food

Els sweats with Tiger on his tail [ARTICLE + ILLUSTRATION]

Page 1

Els sweats with Tiger on his tail GOLF South African wins by 2 after Woods chews at his 8-stroke overnight lead 'IT WAS GETTING TIGHT. I DON'T dHm IF I WOULD HAVE PUNCHED him or KICKED HIM IN THE KNEES. HE'S A GOOD FRIEND OF MINE, BUT I CAN SAY

Chinese all set to sweep All-England [ARTICLE + ILLUSTRATION]

Page 2

Chinese all set to sweep All-England BADMINTON Men's singles top seeds Xia and Chen will lead their charge LONDON Champions past and present, Xia Xuanze of China and India's P. Gopichand, are strong contenders for the men's singles title at the All-England Championships which negin m Birmingham today with the

Jurong gets $100K sponsor [ARTICLE + ILLUSTRATION]

Page 2

Jurong gets $100K sponsor GERARD WONG SOCCER "U CLUBS WITH MAIN SPONSORS CLUB SPONSOR Clementi Khalsa Civic Ambulance and FTMS Home United Coca-Cola Tampmes Rovers Hyundai Tanjong Pagar JVC Asia Sembawang Rangers The Sumeet Group Singapore Armed Forces FC SAF Careers Centre Woodlands Wellington SembCorp Gas and Power CLUBS WITH

Feofanova breaks record by 1 cm for fifth time [ARTICLE]

Page 2

Feofanova breaks record by 1 cm for fifth time ATHLETICS VIKNNA New European indoor pole vault champion Svetlana Feofanova denied she was emulating the great Sergey Bubka after she broke the world record by one centimetre for the fifth time this season. Feofanova, a former gymnast, cleared V.J.i metres for

Bodybuilding, weightlifting can join hands and muscles [ARTICLE + ILLUSTRATION]

Page 2

Bodybuilding, weightlifting can join hands and muscles GODFREY ROBERT (X)DFRFA ATLARGt LIKE gin and tonic, the muscle sports of bodybuilding and weightlifting go "together. But, ironically, m Singapore, the rise of one came at a time when the other experienced a fall. Weightlifting was a core sport from the Kitties

Outside chance for Malaysians [ARTICLE]

Page 2

Outside chance for Malaysians HOCKEY KUALA LUMPUR Two goals from S. Kuban kept Malaysia m mathematical contention for a place m the hockey World Cup semi-finals as it came from behind twice to beat Cuba 4-2 m their Pool B match yesterday. The win put Malaysia m third place on

Keane is key to United's success [ARTICLE + ILLUSTRATION]

Page 3

Keane is key to United's success PHILIP ALLEN MKCEB Midfielder's defensive cover and creativity were missed against Derby *!L AMPLE proof that Roy Keane is worth every penny of his huge salary to Manchester United came when the champion slipped to a 2-2 draw on Sunday against relegationthreatened Derby County.

Arsenal's chance to edge ahead [ARTICLE]

Page 3

Arsenal's chance to edge ahead LONDON With 10 games to go and only three points separating the top-four teams, the Premier League title race could hv swinging towards Arsenal. Arsene Wenger's team can go two points clear atop the standings by beating secondfrom bottom side Derby County at home today

Don't hurry, be happy for Europe giants [ARTICLE]

Page 3

Don't hurry, be happy for Europe giants PARIS It was a case of don't hurry, be happy for the giants of European football chasing league championship silverware at tin- weekend. Across the continent, most oi the title contenders were letting their fans live on their nerves before they struck the

NO PETTITTE PROBLEM [ARTICLE + ILLUSTRATION]

Page 3

NO PETTITTE PROBLEM New York Yankees pitcher Andy Pettitte (right) is m "big" trouble. His son Josh (centre), seven, was caught on camera wearing a Mets cap. It was not one of city rival New York Mets, but that of a Little League team m Texas, which the boy plays

SPORT IN SHORT

NDUNGU LEADS A KENYAN CLEAN SWEEP [ARTICLE]

Page 3

NDUNGU LEADS A KENYAN CLEAN SWEEP STEPHEN Ndungu became the first back-to-back winner of the Los Angeles Marathon, leading a l-2-.'i Kenyan sweep on Sunday. He finished m 2hr lOmin 27sec. shaving iQacc from his personal best. Raymond Chemwela was second and 2000 winner Benson Mbithi third. Russia's Lvubov Denisova

INDIA WINS SERIES AGAINST ZIMBABWE [ARTICLE]

Page 3

INDIA WINS SERIES AGAINST ZIMBABWE INDIA survived some anxious moments to score a four-wicket victory over Zimbabwe on the fifth day of the Second Test m New Delhi yesterday to sweep the cricket series 2-0. Set 122 to win. India lost quick wickets before reaching its target towards the end

STAM GOES KICKING AGAIN ON MARCH 16 [ARTICLE]

Page 3

STAM GOES KICKING AGAIN ON MARCH 16 LAZIO df tend it Jaap Stain has been given the go-ahead to return after a drugs ban on March 1(J by the Italian League appeals commission, the Serie A soccer club said yesterday. La/io wanted his fourmonth suspension cut for the Dutchman to

THAI CRACKDOWN ON WORLD CUP GAMBLING [ARTICLE]

Page 3

THAI CRACKDOWN ON WORLD CUP GAMBLING THE Thai Education Department is making plans to prevent the younger soccer fans from skipping classes and gambling during June's World Cup Finals m South Korea and Japan. According to the local press, more than 2/50 student patrols would be deployed to schools m

JOCKEY DIES AFTER FALL IN TRAINING [ARTICLE]

Page 3

JOCKEY DIES AFTER FALL IN TRAINING A 52-YEAR-OLD jocke; died yesterday alter a tail during a training session at Ballarat race track northwest of Melbourne. The jockey, whose name was not released, had been behind two other riders on I sandy section of track when his horse shied and fell.

Two wins for S'pore's men in goodwill meet [ARTICLE]

Page 3

Two wins for S 'pore's men in goodwill meet livski nun YANGON Singapore heat Brunei (>4-27 m the men's event while Malaysia defeated Singapore 7<)-.i() m the women's event m the second day of the Six-country Basketball Goodwill Meet on Sunday. The five-day meet, which began last Saturday, attracted teams

Bateer must get better [ARTICLE + ILLUSTRATION]

Page 4

Bateer must get better YEOH EN-LAI lh, X VSki: THAI I To make any impact on tne NBA, the latest Asian player must first adapt THE National Basketball Association's newest Asian player said he intends to work his way into the Denver Nuggets starting line-up but knows he has to

O'NEAL PAYS TRIBUTE [ARTICLE]

Page 4

O'NEAL PAYS TRIBUTE LOS tNCELES— |usi w hen the Lakers wciv wondering what illicit go wrong next tlic\ had a night one dreams .ihoiit. They won without Kobe Bryant, cut Sacramento's lead t<> one game and got tlu-ir players ofl the floor without incident Bryant and Reggie Miller of the

Hewitt, Serena score tough wins [ARTICLE + ILLUSTRATION]

Page 4

Hewitt, Serena score tough wins TENNIS SAN JOSE (California) LJeyton Hewitt consolidated his position at the top with a win over Andre Agassi, while Serena Williams helped sister Venus stay No. 1 after del eating Jennifer Capriati. In a match worthy of a clash hetween two of the worlds top

F1 season begins in controversy [ARTICLE + ILLUSTRATION]

Page 4

F1 season begins in controversy MOTOR RACING MELBOURNE Formula l*s first race controversy off 2002 followed within seconds of the season-opening Grand Prix m Melbourne on Sunday. The sight of Half Schumacher's Williams ploughing into the rear of Rubens Barrichello's scarlet Ferrari, Hying skywards before plunging into the barriers, was

SCORES AND STATISTICS [ARTICLE]

Page 4

SCORES AND STATISTICS ATHLETICS European Indoor Championships m Vienna Men's 60m: I mi Gardener (Ct 2 '■> o 55 3 A-- 400 m: 1 Marek Piawgo (Pol) 45 3^ 2 iSwei4s 59 3lOd- i 800 m: IHa- Poll Imm 44 78sec 2 Andre Bucher (Sui) 3 -?nioßeina 4i400m relay t

Obituaries

Untitled [OBITUARY + ILLUSTRATION]

Page 5

I"I am the light of the world. He who follows Me shall not I walk m darkness, but have the light of life" John 8:12 I LAWRENCIA CARMELINA PEREIRA B Age: 84 W Called home to be with the Lord on 3rd March 2002. B Sadly missed by loved ones.

MONEY

BONDS,LOANS & WARRANTS [ARTICLE]

Page 6

BONDS,LOANS WARRANTS Transaction date: Mar 4, 2002 1 Ltd Vol Day Lalt Ouot. Wt Avq High lo« Company Salt »©r- 000 High Lew Buyer 5.11.r Prlct 39 5 115 ASTiwo4O62' 24 5 0.9 30 24 5 24 24 25 23 5 2.5 s Acma*o4lll6... 3 0 5 31 3 5

CLOB INTERNATIONAL [ARTICLE]

Page 6

CLOB INTERNATIONAL Transaction tote: Mar 4. 2002 Unit Trusts table appears on Mondays *mtm c. mP .ny t^ L s :r: 00 0 m*,, o 25 M c m *f; HONGKONG STOCKS Cathay P«c 20c MK72O 26 t fc :>,«•»*«•) Ch.jng KongSOc HKI7BO |2o -"h^ 1 63 45 Cltv» -Solution!

S'PORE EXEH DERIVATIVES TRDG [ARTICLE]

Page 6

S'PORE EXEH DERIVATIVES TRDG Mar 4 1 EURODOLLAR Optn High Low Sett Est Vol Act/Vol Op/lnt Jun 02 97.705 97.715 97.685 97.695 XXXXX 9374 XXXXX SepO2 97.190 97.190 97.150 97.165 XXXXX 9266 22A22 Dec 02 96.570 96.570 96.535 96.550 XXXXX XXXXX XXXXX Mar 02 95.995 95.995 95.965 95.985 8072 5246

ASIAN INDICES [ARTICLE]

Page 6

ASIAN INDICES M«r4 CMANCt MALAYSIA: KLSEComeosit* 724 90 .7 33 JAPAN: Nikkei XXXXX 22 ♦638?? «BW.Mfc= ==38&E 323 Jakarta Composite 455.W »303 PHILIPPINES: Manila Compositt '42<1 35 -18 9T SOUTH KOREA S»OulCocru>o».tt 834 21 -'4 22 CHINA: Shf-nm*" B f-, 5 oil AUSTRALIA: Syfln«v All Omminn 33(9.60 ~*7JO M«f 1

CURRENCY [ARTICLE]

Page 6

CURRENCY Foreign Currency Note Rates (9am, Mar 4) Buying 00 Selling S'ngiport donarj to on* m I of 'O't'gn Currency Australian dollar 0.9490 0.9670 Cinaflia" flo ar '380 1620 E"'° '5790 V6030 NZ30 0 7760 0 798C Ste'-gpo-'O 2.5870 2 614C uSaon«r V8250 '8370 Sngjpor* 30' ars to '00 units

ASIAN CURRENCY UNITS [ARTICLE]

Page 6

ASIAN CURRENCY UNITS COT^| On. 3 6 9 12 Vilut unl > wth mth» mtft* mths mthi Can dat* S '> 2 3 4 06/03 AS 3 3 3 4 4 T c i Kfi 3' 3' 3/ gS/03 S 3,4 BSJS g* 2/. ME 2■• 3. 2V.. 06/03 00/00

GOLD [ARTICLE]

Page 6

GOLD COLD PHYSICALS (Ss) PW Men Cast Bj's IK.lobtr '7320- '■'384--•7963 20 '6029 2 Pimo Cold Bars '00 gm 1734- '740--835 46 -64- 64 50 qm 867- 87C--929 06 932 15 20 gm.... 347- 348 384. '9 XXXXX 87-'U33 67 -4 .33 ~1~ '7-40.17 17-40 .'7 Cold Bullion Comi Frt

CRUDE & PRODUCT PRICES [ARTICLE]

Page 6

CRUDE PRODUCT PRICES Crude/Product Month* Ch«nq« Pnc« (USS) BBL Br*ntßl»na Apr >C.59 2V90-21 95 W T>«is lnt»rr»> Apr .0.61 22.36-22 40 DuDaiFlttH AD' ♦OSS 20 56-20 6' -ao.sßi*ia Mir .0 50 21.55-2.65 M n Mar -0 50 2V05-2! '5 Naphtha CiF Jap .3. 50 216 XXXXX 50 N »oMia ♦0.40/0.50

SICOM FUTURES [ARTICLE]

Page 6

SICOM FUTURES Mar 4, 2002 Rubber Futures (Clotlnq pnett) RSS 1 (S ctnts/kg) Month Hlqh Low S«tt Vol Op«n lot AD' 02 May 02 118.25 JunO2 118.75 Jui/S»oO2 XXXXX PSS 3 (US ctnts/dg) i High Low Sttt Vol 0p«nlM *P f 02 63 25 300 !875 May 02 64.25 64.25

HONGKONG [ARTICLE]

Page 6

HONGKONG Mar 4 HKt AcrossAs a Multimedia 0.50 -0.02 Alpha General 0.04 unch Amov °rop 7.75 0.10 Ananaa Wmq On 0.05 uncf AngangNew Ste* 1 30 0.02 Anhw Conch H 2 '8 unch Anhui Expressway H t.65 0.02 Arcontech Corp uo o.O' As a Sat Telecom .13.60 0.20 ASM Pacific

CHINA [ARTICLE]

Page 6

CHINA Mir 4 RMB Unhui Gujing Distill B 6.61 0 05 3eijirg Or, ent Elects 5.91 0.01 Benga'gSteei Plates B 3.02 -0.01 rianqcnaiCoB j3' 0.03 >*riqaeD i a- T e. B '99 0 16 MM First Ptnr.il B 0.64 0.01 :hin»liflMifntCon» 26.44 -0.02 Itv.vt Merch SH»kOd B .5 95 0.05

KUALA LUMPUR [ARTICLE]

Page 6

KUALA LUMPUR mt ADric 1.88 0 01 Aftm Holdings 0.32 0.01 AlCCorp 4 48 unch AKNTecnno'og, .5.25 0.20 Aluminium Co o' Mtu 1.12 0.02 Amal Industrial Steel 0.55 -0 03 AmanahCaDttai ...1.51 0 01 AMM3 Holdings .4.96 0.24 Amstee.Corp 0.08 -0.02 Amway 5.70 unch Antah Holding 0.46 -0 01 Antah

SYDNEY [ARTICLE]

Page 6

SYDNEY M«r4 AS Alintagas 4.06 uncn Amcor 7.62 0.13 AMP Limited '8.92 0.05 ANZ Banking Group 18.25 0.20 Aristocrat Leisure 5.88 0 02 ASX 13.28 0.23 Austar united Comm 0.33 0.01 AuitereoGrp 1.93 O.Ot Australian Gas Slight 9.51 -0.07 AXA Aj.jPjcI'C 3.10 0.11 BMP BHIiton 11.73 0.12 Bmabonq Inti 9.21

BANGKOK [ARTICLE]

Page 6

BANGKOK Mar 4 Baht ABN Amro As'a 44.25 O.5C AdkmsonSec 21.20 -0 20 Advance Agro PCL 14.70 -0.20 Advanced Info 50 00 6 50 Advanced irfo Service 50.00 6 50 As>a Credit 10.50 0.95 Ayudnyalnv Trust 7.55 0.75 Bangchak PetrolL 5.65 -0 05 Bangkok Band 57.50 2 50 Bangkok Bk

TOKYO [ARTICLE]

Page 6

TOKYO Mar 4 Y»n »COM 7800 500 Advantest Corp 'OOOO 880 Aiful 7580 760 A S'^ Seiki 1562 15 Ajinomoto Co 1201 27 Aps Elect- c 1326 mo ASA 364 0 Arao an O'l 631 32 Asaf Bank 70 0 Asaf" Breweries 1056 IT Asahi Glass 83O 70 Asa*>*ase' 431

JAKARTA [ARTICLE]

Page 6

JAKARTA Rp Akbir inao Mk 260 0 Astr« Agra 1350 -50 AsfaGrao'ia 405 '0 Ast-j .it nc 2650 50 Bk Central Ask 1900 SO Ouaanq Garam XXXXX 2C0 HMSamooerna 4525 25 indah Kiat p&p 31 5 0 inaosat 9950 -50 KarkaVasa 35 0 Himn r »'^i 225 5 L.BPOE-N*t ......65

TOP ACTIVES [ARTICLE]

Page 7

TOP ACTIVES D«tJC'4ftioc 32 996.000 SingTtl 15c 25.411.000 GESintuta2oc 25,308,000 IPCO 20c 24.576,000 cn«rt Semiconductor 26c XXXXX,000 TPV UStc 20.080.000 PNE IndiOc 19.13) 000 ECSIOc 18,907.000 B»vomc»1Oc 14.784.000 Frontlmtsc 14,483 000

SECURITIES TRDG SCOREBOARD [ARTICLE]

Page 7

SECURITIES TRDG SCOREBOARD MAIN SDO TOTAL Up Dn Unch Up On linen Up On Unch Multilnd 727 000 727 Manufictunng 80 16 19 26 3 9 106 19 28 Comm»rct 31 7 9 6 2 3 37 9 12 Tpt/Stor/Commj 19 2 6 000 19 26 fmanc* 21 2 3

SECURITIES TRDG TURNOVER [ARTICLE]

Page 7

SECURITIES TRDG TURNOVER TURNOVER COOO) VALUE COOO) M«ln Sdq Tof I M»ln Sag Tof I Multilnd 30.542 30 542 62.665 62 665 Minuficturq 291.803 66 698 358.501 XXXXX6 16 834 588 370 Commerce 56.315 2.592 58.907 24.867 '034 25 901 Tpt/Stor/Com 58,150 58.150 123.165 123 165 Fmincs 47,502 47 502

INDICES [ARTICLE]

Page 7

INDICES C(Uft»t I St'jtiT.mfiindf. .1608 07 .86 55 BT 08/ OS 90 00 *2 63 00 BTCADI -XXXXX.00 »197 00 BT 100»y MA XXXXX 00 *9 00 UOBScsdiq 63.25 »1.57 UOB Blu* Chip 649.90 24.33 STlFuturts 1822 »92 MSCi Sinqiport 227.63 »12 05 SiMSCi Futures 229.60 •12.70

SGX SECURITIES TRDG: MAIN BOARD [ARTICLE]

Page 7

SGX SECURITIES TRDG: MAIN BOARD Transaction date: Mar 4, 2002 wt 32-Wk Currtncy Kit 'Vet Day Cri Nat M Cap avq t— C^i Tf— Ml f 0 W» I— th% Hi W B» 35.1 8cAcrru50c 10 *O.S 2148 10.5 10 0.5 «J 78.1 10 '6 6 c AUi«nc«T»ch 11.5 sujp

SGX SESDAQ [ARTICLE]

Page 7

SGX SESDAQ 52-W* Currency list 'Vo( Day Grt Net m c.p *!!q N*. U. t«« MM 000 U» 0w» Mci MANUFACTURING 40 5 '2cAPOiisc 19 «-0.5 130 '9 19 49 16 7 IB 71.5 27.5 cAS Auto 10c 55 »2.5 1181 55 53 5 'ON 8 72 2 5" 52

SGX XTRANET [ARTICLE]

Page 7

SGX XTRANET STOCK PRICES LCGCNO ti~. i~^.. t.~~t. Straitl Time* Index StOCkt bl buylnq-ln i lcrlplassandnonCPF c Stock* approved undtr CPF lnve«tmenti Scheme N T«»-a«a»npta<ldl¥ld«o* id«-divtd«nd cd cumdlvMtnd et conditional trdo. erl cum right If tut CM cum bonus Inut CO cum offer irt tx-nqht issut ibi ax-bonui issut iall

British firms struggling with pensions [ARTICLE]

Page 8

British firms struggling with pensions London British companies and not the government are to blame tor a decline m the value ol retirement benefit programmes offered to employees, said Mr Alistair barling, the Cabinet minister m charge of pensions. In an interview with BBC. he said the structure of the

Success of HP-Compaq deal may be decided today [ARTICLE]

Page 8

Success of HP-Compaq deal may be decided today FATE OF $408 MERGER SWIXGIXG THE DEAL ISS, which (mils about 10 per cent of HP stock, plans to disclose its position on the deal by today. It ad\ises funds on how to vote m proxy battles. Some fund managers expect ISS

Wall St's volatility may signal end of bear market [ARTICLE + ILLUSTRATION]

Page 9

Wall St's volatility may signal end of bear market Analysts say recent big rises and falls suggest market has bottomed, just like similar experiences before THE STORM BEFORE THE CALM During one spell of 19 trading days starting late in January, there were 12 days when the Dow Jones Industrial

Bush adviser wary of recovery [ARTICLE]

Page 9

Bush adviser wary of recovery LACK OF POWERFUL GROWTH ENGINES WASHINGTON President George \V. Bush's economic adviser, Mr Laurence Lindsey, remains cautious about how soon the United States economy will return to vigorous and sustained growth. This is despite latest reports showing stronger-than-expected fourth-quarter growth ana resumption of growth m

Japanese developer may revalue assets [ARTICLE + ILLUSTRATION]

Page 10

Japanese developer may revalue assets Using market-value measures may mean a $6 billion loss for Mitsubishi Estate but would boost financial transparency TOKYO Mitsubishi Estate, Japan's second-biggest property developer, said yesterday it was considering revaluing its assets at market rather than book value m a bid to improve financial transparenThe

China makes U-turn on accounting rule change [ARTICLE]

Page 10

China makes U-turn on accounting rule change HIRING FOREIGN AUDITORS SHANGHAI Chinese regulators have backtracked on a two-month-old rule that forced listed companies as much as a tenth of whose results may be fraudulent to open their books to foreign accountants. The China Securities Regulatory Commission (CSRC) said on its

HSBC profits take $2b hit from Argentina [ARTICLE]

Page 10

HSBC profits take $2b hit from Argentina LONDON Global hanking group HSBC Holdings yesterday reported a 14 per cent drop m annual pre-tax profits after taking a blgger-than-exnected US$l.l2 billion (Ss2 billion) hit from Argentina. The worlds secondiargest bank by market value had a tough year as economies around the

S&P raises Malaysia's ratings outlook [ARTICLE]

Page 11

S&P raises Malaysia's ratings outlook POSITIVE ECONOMIC PROSPECTS KUALA LUMPUR Ratings agenc) Standard Poor's S&P) revised Malaysia's credit worthiness outlook to positive yesterday, saying Budget deficits should be over by -'<>() t. just as the government prepared to launch a US$5OO million (XXXXX.5 million) bond issue. The agency already rates

Evergreen rethinking move [ARTICLE]

Page 11

Evergreen rethinking move NICHOLAS FANG PSA Corp' s experience and superior facilities may dissuade the Taiwanese shipping giant from moving its hub to PTP By I X vNSPORTKKI'OKI I H LEADING Taiwanese shipper Evergreen Marine thinks PSA Corporation still has the edge over its regional competitors when it comes to

Retired lawyer in UBS case described as 'vindictive' [ARTICLE]

Page 12

Retired lawyer in UBS case described as 'vindictive' LEE SU SHYAN Ba Bank lawyer says that Mr Wee was also 'petti/ m correspondence .lust ice Kan Ting Chin replied: "How much of it is brought on by Mr Singh's questions and how much is brought on by yourself. I shall

Bharti unit forecasts $41m sales from fixed lines [ARTICLE]

Page 12

Bharti unit forecasts $41m sales from fixed lines NEW DELHI Bharti TeleVentures, India's biggest mo-bile-phone operator, expects sales of one billion rupees (5540.5 million) from fixedphone Bervioea m New Delhi m the iirst year as it yesterday became the first non-state challenger of state-owned Mahanagar Telephone Nigam'a monopoly. Tele-Ventures, which

Fort Canning seeks protection [ARTICLE + ILLUSTRATION]

Page 12

Fort Canning seeks protection NIHOLAS FANG Fort Canning Country Club and its parent Alliance have asked to be placed under judicial management, with debts of $115 m '±1. DEBT-LADEN Alliance Technology and Development wants to be put under judicial management along with its high-profile unit Fort Canning Country Club (FCCC),

SBF names 2 as executive directors [ARTICLE]

Page 12

SBF names 2 as executive directors TWO veterans m business circles have been appointed executive directors of the soon-to-be formed Singapore Business Federation (SBF). They are Mr David Chin Soon Siong. deputy chief executive officer of I.E. Singapore known formerly as the Trade Development Hoard, and Mr Koh Juan Kiat.

Virgin Mobile to launch new post-paid plan [ARTICLE]

Page 12

Virgin Mobile to launch new post-paid plan DENESH DIVYANATHAN NO STRINGS ATTACHED By II (ll\()l (K.Y IU IM>|{ I I H VIRGIN Mobile will launch a "contract-less" post-paid service later this year m a bid to bolster its modest haul of 20,000 customers since entering the market last October. Post-paid

STI crosses 1,800; turnover hits $1.2b [ARTICLE + ILLUSTRATION]

Page 13

STI crosses 1,800; turnover hits $1.2 b AZHAR KHALID TAKING STOCK Bii Better economic data, Wall Street's rally and strong regional markets combine to lift Singapore bourse to a 12-month high THE Singapore market clocked its higgest one-day rise m 2(j months on the hack of impressive volumes to clear

Neo Corp eyes reverse takeover of Presscrete [ARTICLE + ILLUSTRATION]

Page 13

Neo Corp eyes reverse takeover of Presscrete NICHOLAS FANG By CONSTRUCTION firm Neo Corporation is eyeing a reverse takeover of beleaguered Presscrete Holdings, half a year after backing out of a similar takeover of unprofitable Chew Eu Hock (CEH). Sesdaq-listed Presscrete yesterday said it had signed a memorandum of understanding

ECS' full-year net profit up 20.5% [ARTICLE]

Page 13

ECS' full-year net profit up 20.5% WILLIAM CHOONG Bit n-:cn\()i.<>(^ ki-pohtkr MAINBOARD-LISTED information technology distributor ECS Holdings yesterday reported a 20.5 per cent jump m net earnings for the year ended Dec 31, boosted by strong growth m its regional operations. Net profit hit $13.5 million on the back of

Intraco incurs losses of $46m [ARTICLE]

Page 13

Intraco incurs losses of $46m LISTED trading company Intraco sank into the red with a $45.8 million loss for last year, due to losses from the disposal of its investments m DBS Group Holdings. Yesterday. Intraeo also said m a statement that its board of directors has decided to return

Stanchart's new loan service [ARTICLE]

Page 13

Stanchart's new loan service X )ME loan customers can now enjoy a new mortgage facility offered by standard Chartered Hank (Stanchart) that enables them to save on interest payments and helps them own a house quicker than usual. Mortgagee )ne links one's mortgage account to the current account, with both