The Straits Times : Weekly Overseas Edition, 28 March 1998

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 22 1 The Straits Times Weekly Edition The Straits Times Saturday, March 28,1998 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/97
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  • 482 1  -  Field trips, projects, experiments, drama and open-book exams will fill a student’s timetable soon Btt SANDRA DAVIE SINGAPORE’S school culture is set to change. Open-book exams and even project work may be common assessment tools within a few years. Chalk-and-talk lessons will be
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  • 47 1 A NEW-LOOK Straits Times was launched on Monday to help readers digest the news and views we offer faster. The ST Weekly has adopted the same revamp to bring sharper writing, tighter editing, better organisation of information and more effective presentation. [lt’sabighit.page 7]
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  • 95 1 No, he is not just a soldier. Staff Sergeant Ng Puay Hng is a Seal-trained soldier, who has survived 25 weeks of one of the world’s toughest military training courses. And oh, he beat 130 Americans and nine Singaporeans to top the class at the prestigious
    CHEW SENC KIM  -  95 words
  • Page 1 Advertisements
    • 77 1 Singapore Studio flats for elderly Housing Board will build studio apartments designed specially for the elderly in four estates. This is the first time the HDB will be offering new granny flats for sale. PAGE 24 Singapore Sex and the Singapore girl Teenage girls start dating, experience their first kiss
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  • PRIME NEWS
    • 359 2  -  Hi LEONG WF.NG RAM CANTONESE can now be heard in cinema halls here again, nearly 20 years after Chinese dialect movies were taken off the screen since the start of the Speak Mandarin campaign in 1979The Cantonese version of the Hongkong-made movie,
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    • 510 2  -  Singapore to start trade guarantee scheme with built-in flexibility to allow multilateral participation CHL A LEE HOONG IN BANGKOK SINGAPORE will be starting a US$2 billion (553.2 billion) guarantee scheme to finance bilateral trade with Indonesia, Prime Minister Goh Chok Tong told reporters on Thursday.
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    • 355 2  -  PAPERS FOR MOTORBIKES MAY BE FORGED in LEONG CHAN TEIK A PARALLEL importer may have tried to fool the Land Transport Authority (LTA) with forged documents. It did this in order to get the necessary approval to sell 125 Korean motorcycles, which may not have met
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    • 426 3  -  Singapore stock exchange will start an online system by year-end to allow small investors to make limited trades that will bypass remisiers JEAN CHIA GET your mouse ready to tackle the bulls and bears the Singapore stock exchange will allow investors to trade shares through the
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    • 383 3  - Girls date and kiss before boys do Oil BRAEMA MATHI TEENAGE girls start dating, experience their first kiss and have sex earlier than boys, a Straits Times survey has found. More girls are also in steady relationships and more approve of abortion and premarital sex. The survey of 400 youngsters
      Cia|>hi«» hy TIKS CIIIAC HINC Picture by MUHAMMAD SHAH  -  383 words
    • 213 3 IN HER tight T-shirt and jeans, Sherilyn (not her real name) looks like any other teenager. The 17*year-old polytechnic student lives in a three-room flat with her businessman dad, housewife mum and two younger brothers. Her parents are strict with her and
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    • 243 3  -  Rejwrts by BRAEMA MATHI and WONG CHEE MENG MORE than half the teens surveyed said they have never gone on a date, and a third said they are ready only when they are 18. The two main reasons
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  • PARLIAMENT
    • 400 4 GANGSTERISM and substance abuse are on the rise in schools. In primary- schools, there were 34 cases of gangsterism last year, compared with 11 in 1996. And in secondary schools, substance abuse cases shot up eight-fold, from 33 cases in 1995 to 272 in
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    • 137 4 ADD more life and soul, as well a touch of history, to the Singapore Botanic Gardens and the Fort Canning Park, Mr Zainul Abidin Rashecd (Cheng San GRC) suggested. Parliamentary Secretary (National Development) Koo Tsai Kee replied that being tropical parks, it was difficult to organise
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    • 479 4 THE two men at the centre of the controversy over scholars who break their bonds exchanged letters last Saturday, apologising for their remarks and pledging to put their differences behind them. East Coast GRC MP Chng Hee Kok and Economic Development Board
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    • 445 4 START AT PRE-SCHOOL THE Education Ministry (MOE) should adopt a more active role in the preschool education of children, urged MP David Lim (Aljuniea GRC). He suggested it should fund and set up a new research and teaching centre to look into early childhood development and education.
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  • HOME
    • 471 5  -  Singapore is being marketed abroad aggressively. And from April, weekly updates will go out to give tourists the facts about the naze in Asean By DOMINIC NATHAN and KOH BOON PIN THE Singapore Tourism Board (STB) is not about to throw’
      STKVKN I t I  -  471 words
    • 354 5  -  *L M. NIRMALA BUSINESS and finance undergraduates at Singapore’s first private university may be asked to study the arts and sciences, so that their education will have breadth as well as depth, said Professor Tan Teck Meng, the newly-appointed deputy president and provost
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    • 486 5  -  By SHARON VASOO ONE son is dead. The other is in jail for killing him. And every day, their grieving mother must return to the family’s three-room flat in Jalan Bukit Merah, the scene of the violent quarrel that led one brother to
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    • 476 6  -  Court orders sale of house and division of proceeds. No case over slm left behind by grandfather due to time limit Bu LIM SENG JIN RETIRED taxi-driver Ang Kim Thor died in 1982 at the age of 77, leaving behind a semi-detached house in Faber
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    • 353 6  -  SHOPS TARGET LOCALS RAV DHALIWAL IT MAY bo the Not-So-Great Singapore Sale this year, unless Singaporeans turn up in force to shop. Retailers are targeting local shoppers in a big way because Indonesians and other regional shoppers hit by the currency crisis are likely to
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    • 322 6  -  DAVID MILLER FOUR men were clubbed repeatedly over the head by a ?'ang in an Ang Mo Kio cofeesnop which was once the headquarters of the feared Ang Soon Tong one of the most notorious underworld gangs here in the *****. Police said the four
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    • 468 7  -  Readers bowled over by the engaging graphics, captivating colour and meatier content of The Straits Times By DOROTHY HO and WENDY TAN SINGAPOREANS woke up to the brand new look of The Straits Times on Monday when the re-designed newspaper made its debut. From uptown delis
      STEVEN LEE  -  468 words
    • 173 7 CHANGI Airport and the port of Singapore have done it again. For the 12th time in a row, Changi has been named best airport in the region by the Asian Freight Industry Awards, an annual event organised by Hongkong-based publication, Cargonews Asia. And the port has
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    • 483 8  -  *L RAV DHALIWAL SINGAPORE Expo, the nexv mega exhibition centre coming up in Changi, yvill open on March 2 next year. It yvill open its doors yvith a five-day International Furniture Fair, which will occupy half of the 60.000-sq-m centre. The column-free centre,
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  • Page 6 Advertisements
    • 209 6 wm GAIN A STRATEGIC UNDERSTANDING *P OF THE ASIA PACIFIC REGION The Master of Arts in Asia Pacific Studies taught in Singapore. made available to the region via internet... The only course of its kind in Singapore, the MA in Asia Pacific Studies is an internationally recognised Master's level programme
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  • Page 7 Advertisements
    • 184 7 Home Delivery Weekly! A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executives appointments.... and highlights on Malaysia and the Asean. A convenient tabloid airmailed to you wherever you may be. Yes! Every week. Subscribe now. And be at home with the ST
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  • Page 8 Miscellaneous
    • 1122 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6055 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 The Front Paqe 1138 E Z Beat 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market
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  • SPORTS
    • 200 9 ATHLETICS SOUTH-EAST Asia Games discus and hammer gold medallist James Wong, 29, left last Saturday night for Germany with the pledge to do even better in his pet event the discus. He holds the SEA Games and Singapore records for the event. He
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    • 482 9  -  THE PIONEERS: Table tennis and badminton HOCKEY Bu SANTOKH SINGH THE Singapore Table Tennis Association was the first to recruit a Chinese player with Jing Junhong in 1994. She has since won gold medals at two South-east Asia Games and led the
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    • 475 9  -  »1L S. ML KALI THE CORRUPTION case involving soccer bookie Rajendran R. Kurusamy and ex-na-tional player D. Devaraj came up for mention on Saturday. The speaker: A CPIB official. The subject: Soccer bribery. The audience: S-League players and officials. Senior Special Investigator of the Corrupt
      JERRY SEH  -  475 words
    • 239 9 IN THESE difficult economic times, players who ask for too much money are just hurting themselves in the long term, said S-League chairman Kwek Leng Joo last Saturday. He said before the signing of the formation agreement between the S-League and its
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  • 326 10 KUALA LUMPUR A fashion designer has alleged that a policeman Eunched and fractured er nose when she tried to stop him from assaulting her husband. Ms Chan Mei Foong, 27. said she was not aware of his identity until she lodged a report
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  • 553 10  -  Anwar announces measures to boost the economy but analysts are not easily impressed BRFNDAN PEREIRA l\ KIWI. LI'MPIR FINANCE Minister Datuk Seri Anwar Ibrahim learnt a harsh reality on Tuesday: a market low on confidence is not easily impressed. Shares fell minutes after he announced
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  • 377 10 HANOVER Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad envisions the whole of Malaysia being a multimedia super corridor by the year 2020 under the second phase of the IT agenda. At least 12 Malaysian cities would then be connected to
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  • 397 10 KUALA LUMPUR The An-ti-Corruption Agency is investigating cases of money politics in the Umno divisional elections in Kelantan, Malacca. Perak and the Federal Territory of Kuala Lumpur. The Sunday Star on Sunday quoted ACA chief Datuk Shafee Yahya as saying that the agency was
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  • SOUTH-EAST ASIA
    • 537 11  -  Questions remain over the possibility of fraud and watchdog role of citizens’ group NIRMAL GHOSH PHILIPPINES CORRESPONDENT MANILA The chairman of the Commission on Elections (Comelec) has defended the organisation’s independent status and credibility. But Mr Bernardo Pardo failed to clear the
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    • 54 11 i Miss Areeya Sirisopha chatting with a girl at the Territorial Defence Training Camp. The former Miss Thailand is undergoing a defence officer-training course before being ranked second-lieutenant and becoming a lecturer at Chulachomklao Royal Military Academy. She has a master’s degree in mass communications from
      BANGKOK POST  -  54 words
    • 290 11  -  MONITORING BATAM By DERVVIN PEREIRA IN BATAM THE Indonesian authorities are stepping up security efforts to stem the tide of illegal immigrants into Singapore and Malaysia. Batam police chief Jose Rizal said that the police, navy and other agencies had in the last
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    • 354 11  -  SUSAN SIM INDONESIA CORRESPONDENT JAKARTA One of Indonesia’s rising military stars, Lt-General Prabowo Subianto, 47, a son-in-law of President Suharto, has refuted the notion of the military mounting a coup in these difficult times. “Abri has its own
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  • COMMENTARY • ANALYSIS
    • 557 12 TUESDAY March 24,199 S JUST the weight alone of an average school bag about 10 kg says something about over-burdened Singapore students these days. Thev have loads of homework, plus class projects, ex-tra-curricular activities and yes, private tuition as well, to tire them out. All the hard
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    • 725 12  -  Second Last Word fhL 808 NG APRIL 1 is creeping up on us. Yes, it is April’s Fool Day. But it is also a day of far greater significance for practically all Singaporeans. It is the day when we usher in the era of
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    • 546 12 MONDAY March 23,1998 ASIA’s economic crisis calls for soul-searching that goes beyond the immediate and obvious causes of the turmoil. What was the environment which allowed economic problems to fester unnoticed and hence go undiagnosed and untreated? The answer must lie squarelv in the domain of political values
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    • 764 13  - Jakarta 's nightmare elsewhere? BY THE WAY Bj- TAN SAI SIONG WHY do we need Shivers, The X Files or Scream 2 to send tingles down our spines when possibly the worst horror show in town has probably still to reach its denouement in Indonesia? Sure, a pall of calm
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    • 1037 13  -  »1 GEOFFREY PEREIRA WITHOUT detailed information on tests done, would you drive assured that if you smash your car at l6okmh, the in-ve-hicle unit (IU) on your windscreen will not come off and hit you? The l6okmh assurance came recently from the consortium behind the IU
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  • INSIGHT
    • 864 14 Relief for some anxiety for others Yet another marathon Budget debate has ended. What did the 60 hours of speeches and exchanges add up to? Which Members of Padiament made their mark? CHUA IE HOONG gives the highlights. THIS year’s Budget debate set a record in the number of questions
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    • 359 14 WHO says Nominated MPs are the most vocal speakers in Parliament? The new PAP MPs are giving them a run for their money. Consumers’ Association president Dr Toh See Kiat tabled 34 questions in the marathon debate. Runner-up was NMP Shriniwas Rai with 28. Dr
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    • 280 14 NINE Nominated MPs in a Parliament of 93 tabled 53 questions out of the total of 465. While this number is only a bit more than their numerical proportion in the House, the NMPs made their presence felt in other ways. Businesswoman Claire Chiang made waves
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    • 350 14 WHATEVER criticisms one may level at the opposition MPs, they cannot be accused of not speaking up. Both Mr Chiam See Tong (Potong Pasir) and Mr Low Thia Khiang (Hougang), the only two elected opposition MPs, had their constituents firmly
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    • 1139 15  -  THINKING ALOUD ASAD LATIF WHEN I was 16, I asked my father whether he had any aesthetic objections to my growing long hair. “I have none," he said, “so long as you don't use the word ‘aesthetic’.” I have been reminded of
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    • 1085 15 PANG GEK CHOO takes a closer look at an issue which sprang from the controversy over the naming of bond-breakers —should the conduct of civil servants be subjected to parliamentary scrutinyP SOME eyebrows were raised when Deputy Prime Minister Lee Hsien Loong
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  • MONEY
    • 375 16 Weekly market review THEMATIC play was very much in evidence this week as traders switched from one industry segment to another, even though there was little to suggest that the stocks’ fundamentals have changed drastically. At the start of the week, Clob stocks were favoured
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    • 77 16 ST Industrials Index Th« Straits Timas Industrials Index dropped 25.18 points on the weak to 1653.93. DAY CLOSE TURNOVER Monday 1660.44 (-18.67) 324.830 ($389.092m) Tuesday 1640.54 (-19.90) 287.616 ($361.385m) Wednesday 1667.22 (*26.68) 288.768 ($304.286m) Thursday 1651.64 (-15.58) 213.600 ($333.226m) Friday 1653.93 2.29) 192.215 ($280.237m) BT-M6A Index Tha
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    • 1856 16 Company D«tt •nn Net earn TY LY ($m) <$m) EPS TY LV (cte) (del Acm* 50c Mar 20 P 23.535 ***** 141 24.5 Aslamatri» FeB 24 P 2.185L 3.233L 8.1L 13L Acpr Mar 13 P 23.662 32.481 14.3 19.6 Amtek trig Mar 16 1 7.073 11.886 4 89
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    • 171 16 RIGHTS ISSUC CnBooks Acc 6 Company Ratio date close Paymt DBS One-for-flve 9SS6.00 Mar 30 Apr 3 NA DBS-Foreign Ono-for-fivt »S$8.50 Mar 30 Apr 3 NA •ONUS ISSUC CmBooks Company Ratio date clast DBS One-for-ten Mar 30 Apr 3 NA Eng Wen One-for-two Feb 13 Feb 20 NA
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    • 926 16 Payment Ex Books Pay m date dose date Asia Pac Brew F I1N Feb 27 Mar 6 Mar 17 Amtek Eng 20c 1 7.5TE Mar 25 Apr 1 Apr 13 Avlmo 20« F 16.25N Mar 11 Mar 18 Apr 3 Australand 50c F 6.4N Mar 2 Mar 9
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    • 85 16 Company Rtghtt It to* AISB Throe-for-flve MS5.50 lnno-P*c On*-for -Oft* $0.30 Material H 0n*-foron*»$0.20 PMI Threo-for-two 9 MSl.OO Company Bonus Issuo H Royal Two-for-throo M Sanq Huat On*-for-flv* Komayan Corp One-for-three Lum Chang Ono-lor-flvo NBT Ono-for-fiy* PMI Ono-for-loor Company Others Irym-PK Proposed issuo of one wrt for ovory
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    • 90 16 Company waca Data Tima TRI-M t 25 Kailang Ava •07-01/06 Kallang Apr 3 10.00am Basin Ind Cstata CASA Hldg C 62 Joo Koon Circia (*****5) Mar 30 10.00am Lion C '0 Arumugam Rd Mar 31 10.00am Astapac «09-00 Lion ind Bldg (*****7) STIC C 9 Bishan Placa «10-00
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    • Article, Illustration
      426 17  -  A wage freeze or even a pay cut is likely this year. And the jobless can expect a long wait <±L TAMMY TAN WORKERS used to the comfort zone of a labour-scarce Singapore arc in for a shock this year. Many face a pay freeze at best
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    • CURRENCY
      • 145 17 COUNTER RATES Buying 00 Selling Singapore dollars to on# unit ot foreign currency US doner 1.5746 1.6095 Sterling pound 2 6336 2.7266 Australian dollar 1.0493 1.0943 Canadian dollar 1.1063 1.1435 NZ dollar 0.8731 0.9136 EC unit 1.7639 Singapore dollars to 100 units of foreign currency Austrian schilling 12.0697 12.7419 Belgian
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      • 106 17 Contract Bate: March 27. 1998 One 3 6 9 12 Value Unit mth mth! mth! mth! mth! Call date 57. 5/. 57. 57. 57. 47, 31/3 47. 47. 47. 47. 47. 37. 31/3 87. 8 7. 87; 87. 87. 87. 31/3 67. 67. 67. 67, 67. 31/3
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    • 210 17 AS A human resource director, she used to do the hiring and firing. Now. she finds herself at the receiving end of things. The woman in her late 40s, who declined to he named, was laid off bv a software company last November. "I was a
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    • 767 17 Manager's prices: March 28,1998 Aberdeen Asset Mat Asia Ltd Aberdeen S'poreGr Fund 0.98M.032" Abardaan Salact Porttollo (at NAVI Aslan Fined Income Fund 0 9’4" Pacific Equity Fund 0.993" Indonesian Equity Fund 0.849" 1.152** Philippine Equity Fund 0.997" Singapore Equity Fund 0.936" Thailand Equity Fund 1.112" AIB Govatt (Alla)
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    • 393 17 JOB CRUNCH FEWER workers are expected to quit their jobs voluntarily this year, given the fact that it will probably take them at least tw’o months to find replacement work, say recruitment experts. This view is shared by labour Ministry officials, who said: “Labour
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    • 3985 18 Transaction date: March 27,1998 INDUSTRIAL 1997/98 High Law COMMERCIAL Curr Last Company Tradtd Salt ♦or* vol '000 D«y High Low Gr'* Div Nat M Cap P/E $mll Wt Avg Prlca 157 18.5 e ACE Dynamics60c 38 ♦0.5 55 38.5 35 0.3 47.5 31.1 36 ASE NT$10 200
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    • 896 18 1087/M High Lew Cemgeny Curr Lett Treded Self ♦Of* Vel ‘000 Oey High Lot Of"» DtvH Net ph M Cep $mtl m Av« Price 186 78 ABRHIdgtSc 116 -1 9 117 116 3.0 1857 51.6 115 448 76 AS Auto 10c 212 -5 106 214 206 15.ON 17.7 242
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    • 1736 19 BONDS, LOANS WARRANTS Transaction date: March 27,1998 1997/98 Last Vol Day Last Quota Wt Avg High Low Company Sala ♦or'000 High Low Buyar Sallar Prlca 68 9 m m AMDBcS.5%*****6 18 16 81 8 A Acar W*****1 US$ 16 ♦1 23 16 16 15.5 16 131 8 5 Acma W*****4
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    • 1501 19 1997/98 High Law Company Curr Last Traded Sola Vol ♦or000 Day High Low Grots tflv Not P/E M Cap $mtl MALAYSIAN STOCKS (in S$) 478 28 m s AISB50C 101 ♦1 170 103 98 5.0 40.1 103.6 137 12.5 m t AMDB50C 42 ♦0.5 499 43 41.5 5.0
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    • 508 20  -  Singapore port first in world to handle 100 million containers, but its chairman says turmoil may aggravate problems of over-capacity and falling profits S!L WILLIAM CHOONG CONTAINER traffic moving through regional ports had slowed and there was a “strong likelihood” of negative growth this
      VTKVIN LI t  -  508 words
    • 259 20 THREE local firms, hailed for proving their mettle amid the region's financial crisis, have received incentive awards from the Economic Development Board. Agri-healthcare specialist Zagro Asia, instant noodle maker THE Food Holdings and Ipacs Computer Services will enjoy a tax holiday on
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    • 449 20  -  CORPORATE RESULTS By KALPANA RASHIWALA PROPERTY’ group First Capital Corporation (FCC) stunned analysts last Friday with a 93 per cent plunge in net earnings for the six months ended December to $6.3 million. Contributing to the mauling was a provision for an unrealised foreign exchange
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  • Page 21 Advertisements
    • 850 21 an oday! A career with POSBank goes beyond just the monetary. Now with our new 52-storey headquarters at 168 Robinson Road incorporating the latest technology and intelligent building infrastructure due for completion in the year 2000, you can build your success together with us as we grow to greater heights.
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  • Page 22 Advertisements
    • 934 22 W Singapore Telecom Innovative, responsive with a total commitment to delivering superior solutions to our customers -that's how we see ourselves in Singapore Telecom. We are looking for people who are talented, result-oriented, resourceful and highly adaptable to a fast evolving and challenging environment, people with the drive and creativity
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  • FORUM
    • 219 23 Since subscribers will not own the underground cables, where is the logic in their paying for the cost of laying them? SINGAPORE Cable Vision (SCV) will soon lay its cables to link up houses behind Lucky Plaza and interested parties will each have to
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    • 401 23 SingTel is service provider not a TV broadcaster 1 REFER to the letter “Ironic to help transmit shows to others” by Francis Chong Fu Shin (ST, March 17). Singapore Telecom is a telecommunications service provider. We provide the facilities and infrastructure to connect users for voice, data and video services.
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    • 190 23 1 REFER to the letter titled “Good public sector services can be even better" (ST, March 9). We share the writer’s enthusiasm to establish a “random book return service”. (Books borrowed from a library may be returned to any library or several designated centralised collection
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    • 115 23 IN HIS letter, “Ironic to help transmit shows to others" (ST, March 17), Mr Francis Chong argued that it is inconsistent for SingTel’s ST-1 satellite to relay television transmissions when the Government bans personal satellite receivers here. Mr Chong assumes that we consider our censorship standards
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    • 266 23 If one side unilaterally lowers its toll charges, it will simply be foregoing its share of this total revenue unless the other side also follows suit. THE Second Link is a joint project between Singapore and Malaysia. Singapore spent $BOO million to
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  • 585 24 Housing Board will build studio apartments designed specially for the elderly in four estates THE Housing Board unveiled its new studio apartments for the elderly on Wednesday, homes packed with elderlyfriendly features such as nonslip flooring, lever taps and large electrical switches. It is the
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  • 156 24 THIEVES broke into a pet shop in East Coast Road ana stole 10 chinchillas. They were worth a total of $20,000. The cheaper ones were left besaid supervisor of Pet Kingdom, Ms Sabrina Coghe. The thieves took the most expensive chinchilla, costing $3,500, while the
    i-:niiiquk sohian'o  -  156 words
  • 597 24  -  Btt KOH BOON PIN FOUR years ago, Ng Puay Hng spent six months in bed, nursing a dislocated hip and tom ligaments the result of a motorcycle accident. It tore apart the commando specialist, who was about to fly to the US for a
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