The Straits Times : Weekly Overseas Edition, 16 January 1999

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 22 1 The S traits Times Weekly Edition Saturday January 16, 1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA (P) 080/08/98
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  • 609 1  -  From 2002, Scholastic Assessment Test results will make up 25 per cent of entry scores, a panel has proposed Hi SANDRA DAVIE THOSE who hope to enter the two universities here from year 2002 will have to take reasoning tests now used for admission into
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  • 407 1  -  Hi PETER SIOW DO NOT rest on your laurels. And concentrate on the sports that Singapore has a good chance of winning. That is the advice Prime Minister Goh Chok Tong gave to the sporting fraternity at Tuesday night’s Asian Games
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  • PRIME NEWS
    • 469 2  -  To be world-class, NUS and NTU must attract high-calibre teachers with top salaries, says advisory panel «!L SANDRA DAVIE Singapore’s two universities should pay top dollar to attract top academic staff’, said an international advisory panel which was set up to give advice on
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    • 650 2  -  Oil KAREM WONG A FORMER Raffles Junior College student who knocked down and killed his ex-girl-friend was jailed .'JO months hy a district court on Wednesday. Adrian Kwan Yew Hoong, 21. admitted causing the death of Miss Stacy Seah Choon Hong. 19. a medical
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    • 365 2 NO PERMISSION GIVEN TO MODEL FOR PART-TIME WORK PHYSICAL education teacher Annetha Ayyavoo, who won the title Best Model of the World three weeks ago, may have some problems with the Education Ministry because she has been modelling in her spare time. As a
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    • 75 2 IN OUR report, “Healthcare budget set to double bv 2030" (ST Weekly, Jan 9) we said that the Government spent roughly $4 billion on health care in 1997This is incorrect. The $4 billion is in fact the total national expenditure on health care, which includes
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    • 677 3  -  The 22-year pact is hailed as part of a win-win partnership that augurs well for the region SUSAN SIM INDONESIA CORRESPONDENT JAKARTA Singapore yesterday signed a 22-year agreement with Indonesia to buy its gas and pipe it here in a move hailed as a milestone
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    • 289 3 JAKARTA The gas supply agreement Indonesia sealed with Singapore yesterday could be a model for a water deal between the two countries, EDB chairman Philip Yeo said. He was speaking to reporters in Jakarta where he attended a signing ceremony of the gas sales
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    • 431 3  -  fhi CHONG (HI E KIN MEET Carlos, a five-year-old gibbon who was confined in a small cage in an HDB fiat for four years. As a result, it had deformed feet, and now cannot extend its legs fully. It can only drag itself
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  • HOME
    • 529 4  -  It is 35 per cent more than the number of workers retrenched during the last recession in 1985 LESLIE KOII ABOUT 27.000 people were retrenched last year. 35 per cent more than in the last recession in 1985, when almost 20.000 were laid off.
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    • 351 4 SINGAPORE will introduce commercial Digital Audio Broadcasting (DAB) services, which promise CD-quality sound and multimedia information. this year. The Republic is the first country in Asia to introduce such services, said Minister for Information and the Arts George Yeo on Wednesday, at the Fourth International
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    • 604 4  -  GINNIE TEO and JOANNE LEE CATHOLIC Junior College has told about 30 students who failed their first-year examinations to shape up or consider leaving. They had to see the principal with their parents, and those who wanted to remain in
      MIIIAM M\DMI\H  -  604 words
    • 737 5  -  They have shortened drastically the waiting time for cases to be heard and resolved many others through means like mediation IhL TAN 001 BOON THE judiciary has never worked faster. Not only is it hearing cases filed only last year, hut it has also
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    • 576 5  -  Bt/ TAN OOI BOON and LIM SENG JIN RECENT changes that set much higher minimum claim sums for litigants to have the automatic right of appeal to a higher court are not meant to deny access to justice but to deter
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    • 397 6  -  f*!L GINNIETEO GRADUATES of the National University of Singapore (NUS) can attend their convocation ceremonies on campus next year if a new auditorium hall in Kent Ridge is completed on time. The 1,800-seat hall is part of a new theatre and
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    • 955 6 The committee on University Admission System announced last Saturday that A-level holders will he assessed for university admission based on four requirements GCE A-level results, the SAT 1 reasoning test, project work and extra-curricular activities, SfTI ANDRIANIE takes a closer look at each of
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    • 328 6 NO, THE new university admission criteria does not mean more work and more pressure on students. They do not have to study for the reasoning tests. Also, project work is not new to pre-university students. Professor Shih Choon Fong, deputy vice-chancellor of the
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    • 688 7  -  Points scored will also not be made known so that applicants will not over-declare to fit the approval profile liti ZUZANITA ZAKARIA and LESLIE KOH THE Singapore Immigration and Registration (SIR) has said "no" to revealing how points will be allocated in its new
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    • 402 7  -  fllL lIMSKM.JIN A FAMILY in Shunfu Road, whose Mercedes-Benz E2HO was scratched repeatedly, caught the culprit in the latest case on video, and it turned out to be a woman they know, who lives in the same block. Mr Bernard Yong, +O, a manager in
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    • 141 7 LAU KOOK KONC NOT CACTUS COUNTRY, IT'S A ROOFTOP EYE-PLEASER: At first glance, one might mistake it for somewhere in Phoenix, Arizona. But look more closely, and the tail of an aircraft can he seen in the distance. The spot is the open-air,
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    • 325 7 WITH the return of Hongkong to China in 1.997, Singapore has probably become Britain’s most important link in Asia, said Information and the Arts Minister Brigadier-General George Yeo. It would be in Britain's interest, he said, to use Singapore as a regional headquarters for
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    • 603 8  -  Five out of 13 students from Singapore who took up the challenge got to the Everest base camp on Dec 15 last year I^L BRAEM4 M ATH I THEY too planted the Singapore flag on Mount Everest but only at base camp. But
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  • Page 4 Advertisements
    • 76 4 Subscribe to THE STRAITS TIMES WEEKLY. &gt; tV itp .;C.lour FIFTY sets worth $5OO are awaiting lucky winners. From December 19 to January 22. you will have one chance in the lucky draw when you sign up for a six-month subscription, and two chances for a 12-month subscription. Subscription forms
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  • Page 8 Miscellaneous
    • 1061 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GHT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • 668 9  - Where have they gone all our weightlifters? The sport that gave Singapore its only Olympic medallist has facled into sad memories Oil lIAkIRAT RAI FROM the pinnacle of the podium to the factory floor. That, in a nutshell, sums up the history of the Singapore Amateur Weightlifting Federation. The sport
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    • 661 9  -  Hu TAY CHENG KIIOON IF IT ain’t broke, why fix it? Singapore Island Country Club members who posed this question back in 1.992, when the New Course was given a $9million face-lift, have been proven right. The upgrading work, as club president Ong Leong Boon wrote
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    • 352 9  -  SPORTS COMPLEX PLANNED hjl SANTOKJI SINGII THE grand old lady of football is to undergo a $3O-million face-lift. Jalan Besar Stadium, the home of Singapore soccer since the *****, will soon be renovated into a sports complex with a swimming complex, gymnasium and food court. The
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  • MALAYSIA
    • 498 10  -  Judge says that whether Anwar had indulged in sexual misconduct is not relevant to the new charges he faces By BRENDAN PEREIRA IN KIWI A LUMPUR ALL evidence relating to allegations of sexual misconduct and sodomy by former deputy prime minister Anwar Ibrahim
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    • 530 10  -  By DOUGLAS WONG IN KUALA LUMPUR THE National Economic Action Council (Neac) on Monday responded to what it called “unfounded rumours and remarks on the government's financial position" by listing where the money to pay for the country's RM62 billion (Ss27-2.'l billion)
      Source: NEAC; R \Y\IO\D I KK  -  530 words
    • Article, Illustration
      57 10 TRIPLE FEAT: Miss Chinese International Debbie Goh Seok Sim, 21, posing with first runner-up Adeline Lee (right) and second runner-up Sandy Ngoi after her win in Kuala Lumpur on Sunday. The student from Johor, who was also named Miss Photogenic and Miss Elegant, will represent Malaysia at the
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    • 368 10  - Malaysia to get tough on biased inaccurate reports By BRENDAN PEREIRA IN KI'ALA LUMPUR THE Malaysian government will get tough with foreign publications which report unfairly on the country and its leadership. It is understood that it is considering seriously several options, including restrictions on the circulation of magazines and
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  • SOUTH-EAST ASIA
    • 286 11 Several have been named as instigators by police investigating disturbances across the country JAKARTA Investigations show government officials and legislators might have been involved in the recent unrest in various parts of the country, said police. Officials may have incited crowds into burning
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    • 254 11 AFP JAKARTA Minister of Cooperatives and Small and Medi-um-sized Enterprises Adi Sasono has broken ranks with the ruling Golkar party ahead of the general election in June, raising speculation that he has his own political ambitions, reports said on Wednesday. He told newspapers and television
      – AFP  -  254 words
    • 423 11  -  LUZ BAGUIORO IN MANILA PHILIPPINE legislators on Monday moved to defeat a plan to lift the death-penalty law as thousands including President Joseph Estrada’s wife marched to press for the early execution of a convicted child rapist who won a five-month reprieve last week.
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  • Page 11 Advertisements
    • 260 11 The Straits Times Weekly Edition brings you a crisp summary of the week's major news breaks reported in The Straits Times about Singapore and Asean. Covering news from social issues, politics, business, career opportunities and others, we bring you closer to home wherever you may be airmailed weekly to your
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  • COMMENTARY
    • 570 12 TUESDAY January 12,1999 IT WOULD ho a mistake to assess the proposed changes in university admission criteria only in terms of undergraduate applications. True, this is where the impaet will he felt most keenly when the first phase is implemented in 2002 and, again, when the
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    • 568 12 WEDNESDAY Januaryl3 l999 TUE appointment of Datuk Seri Abdullah Badawi as Malaysia's Deputy Prime Minister should help to restore somewhat the stability undermined by the sacking of Anwar Ibrahim from that post last September. There is. of course, a plethora of views on the reasons behind Malaysian Prime
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    • 746 12  -  SECOND LAST WORD 'h. SI A CHEONC; YEW THE National Association of Travel Agents Singapore (Natas) wants its members to coSfrc fees based oil the services they provide rather than depend on commissions from airlines. It has issued guidelines spelling out, among other things,
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    • 968 13  - CPF gain or loss Time for a clearer picture BY THE WAY K'J TAN SAISIONG WHEN I received niv profit and loss statement last year from my CPF agent bank, I didn't bat an eyelid, even though I was told that in the year ended Sept 30, 1995, 1 had
      MU I KOMI I S  -  968 words
    • 927 13  -  MY VIEW K'J LEONG CIIING ALMOST without anyone noticing, the Health Ministry slipped some fairly strong medicine into Singapore's health-care system recently. Two months ago, it announced that it would adopt Case Mix, a system of monitoring public hospitals which will
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  • INSIGHT
    • 1934 14 Sin&ipoiv is tlh' tastes' h\'?&lt;*!/ in Avi/i. So, can a health cair st/stem which* eue./'h's the many healthy young to take care ofthefne sickly old cope with the needs of SOOXXXhldciiy people in the year 2030* L£o#G CHM 6 examines the
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    • 956 15  -  THINKING ALOUD Hu AS AD I AT II' HOME Affairs Minister Wong Kan Seng observed recently that all the races of Singapore were over-repre-sented when it came to certain social problems. While Malays had to tackle the issue of drug addiction, Chinese and
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    • 966 15  -  THIS WEEK IN POLITICS »!l (111 LEE lIOONG HOW bizarre it is, that the opening of the impeachment trial against President Bill Clinton in the United States last week coincided with the highest ratings the American public has ever given to any of its
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  • MONEY
    • 351 16 THE Brazilian fever threatened global stock markets this week and Singapore was no exception. The foreign exchange losses by the Latin American nation threatened to balloon into an emerging markets crisis, which would impact the US and global economies. These fears were translated into selling
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    • 1850 16 Company Diti inn Net earn TV LV ($m&gt; &lt;$ml EPS TY LY fete) lets) Adv Systems Dec to 1 2.345L 7.240 2.IL 654 AvaPac Brow Dec It P 63.719 77.287 252 30.5 Aieiandra Dec 9 1 2.341L 4.040L 7 81 13L ABP Sep 16 1 1.3S2L 0.429L 3.0L
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    • 178 16 BONUS ISSUE ExBooks Acc t Company Ratio data close Paymt Eng Kong ona-tor-flva Dec 29 Jan 5 Jan 18 RIGHTS ISSUE ExBooks Acc t Company Ratio data data Paymt ABR Hldgs two-for-one* $0.2$ Dec 2] Dec 30 NA OTHERS ExBooks Acc t Company Ratio data dote Paymt First
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    • 77 16 Straits Times Index The Straits Times Index fell 45.37 points to 1.499 81 for the week DAY CLOSE TURNOVER Monday 1543.08 2.10) 378.84m ($829.48m) Tuesday 1536.98 6.10) 606.87m ($650.70m) Wednesday 1506.06 (-30.92) 646.37m ($647.64m) Thursday 1460.02 (-29.67) 453.04m ($669.26m) Friday 1499.81 (*23.42) 450.59m ($602.13m) BT-SRI Index The
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    • 696 16 Payment (cts) Ck date Books dose Pay date AsiaPac Brew F 9 Feb 26 Mar 5 Mar 17 Avimo 20c F 3.5TE Mar 1 Mar 8 Mar 23 AV Jennings A25c 1 1.5 Dec 31 Jan 7 Jan 21 Aberdeen AtsetlOp F 3p Jan 4 Jan 11 Jan
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    • 29 16 Company Rights issue Armstrong Proposed ind Corn Renounceable Rights Iss of live Rights Sh with two tree warrants for every ten ord shares of $0.10 each held.
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    • 115 16 Place Date Time Avimo E The Regent S'pore Tanglm IV, Level 2 1 Cusceden Rd S'pore (*****5) Feb 11 1t.30am Thakral E 1 Colombo Court *08-17/25 S'pore (*****2) Jan 29 10.00am Chtw Eu Hoch A The Percival Rm 2nd Level Fort Canning Country Club 1t Canning Walk S'pore
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    • 1210 17 UNIT TRUSTS FUNDS January 16,***** Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd NA Reg China Fund!** 0.400 0.420 Aberdeen S'pore Gr Fd 0.977 1.027 NA Reg India Fund 0.640 0.675 NAGloBalFund/& 0.655xd 0.690xd Aberdeen Select Portfolio NA Global 100 GrFund/** 1.010 1.065 American Opport Fd 1.017 1.069
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    • 391 17  -  New rules require approval to be given at a general meeting by shareholders representing at least 75 per cent of company a JEANCHIA SHAREHOLDERS worried about their companies being steamrollered into a “voluntary" delisting in the event of a takeover can now
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    • 247 17  -  WILLIAM (DOOM. DISK-DRIVE maker Seagate Technology, which reported a strong performance for its latest quarter on Wednesday, said it would continue to increase production of its high-end drives at its Singapore plant. For the current quarter, Seagate plans to increase production of disk drives with
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    • 463 17  -  IjtL AMY BALAN MEDIA giant Singapore Press Holdings (SPH) is to scale hack its portfolio investments which have been hit amid the economic downturn and, in time, divest its noncore properties as well, says its executive chairman Lim Kim San. Its move into investment management
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    • 3598 18 Transaction Gate: January 15,1999 MULTI INDUSTRY 1998 High Low Curr Last Company Tradad Sala ♦orVol Day 000 High Low Gr's Nat M Cap Olv P/E S'™ 1 Wt Avg Price 81.5 unch 446 82 80 27.5 5.7 134.8 82 29 30 16.3 36 8 US18.5 617 18.5
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    • 934 19 52-Wk High Low Curr Last Company Tradad Salt ♦orVol '000 Day High Low Gr’s Dlv Nat P/E M Cap $mil Wt Avg Prlca MANUFACTURING 243 30 a AS Auto 10c 112 -1 609 113 108 15 N 10.6 127.9 118 795 45 e ASJ Hldqs 20c 62 ■1.5 8
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    • 1298 19 BONDS, LOANS WARRANTS Transaction date: January 15,1999 1998 High Low Company Lott Solo ♦Of Vol '000 1 Doy High Lait Quota Wt Avq Low Buyer Sailor Price 20.5 3 A Acer W*****1 US$ 14.5 ■0.5 40 15 14.5 14.5 15 95 4.5 Acma W*****4 23.5 unch 381 24 23 23
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    • 137 19 INTERBANK RATES(9am,Jwi 15) Buylnq 00 Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0490 1.0710 Canadian dollar 1.0830 1.1060 0.9150 2.7910 1.6820 US dollar Singapore dollars to of foreign currency 1.6710 100 units Austrian schilling 14.50 4.910 19.30 Chinese rtnminbi 18.30 Danish kroner 26.10 26.70 Deutschemark
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    • 360 20  -  It has signed a 12-year lease with for transponders on Singapore’s first satellite, ST-1 TAMMY TAN SINGAPORE Telecom (SingTel) has concluded a $206 million deal with India’s Sterlingsat Television involving the use of Singapore's first satellite, ST-1, launched last August. It said in a
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    • 364 20  -  Reports bu WALTER FERNANDEZ SINGAPORE Airlines (SIA) chief executive officer (CEO) Cheong Choong Kong, 57, has been named Asia’s Businessman of the Year for 1996 by ►fortune magazine, one of the world’s most respected financial journals. A member of
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    • 306 20  -  Rti WILLIAM CHOONG SINGAPORE Power expects its revenues to drop markedly in this financial year, a decline caused mainly by tariff rebates and weaker demand. Still, it would continue to invest in its infrastructure and sniff out opportunities for investments overseas, its chairman Ho
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    • 275 20 SINGAPORE Airlines chief executive officer Cheong Choong Kong wants between 20 and 30 per cent of SlA’s revenue to be generated from activities outside Singapore instead of today’s negligible percentage. So, he told Fortune magazine, which named him Asia's Businessman of the Year 1998,
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    • 273 20  -  LIJZ BAGLIORO l\ MANILA THE overseas business arm of Jurong Town Corp (JTC) is beefing up its presence in the Philippines to match growing investments here including involvement in a US$l7O million (Ss2B6 million) industrial park. JTC International Pte Ltd, w'hich is a
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  • Page 21 Advertisements
    • 786 21 The Straits Times Weekly Edition APPOINTMENTS NANYANG TECHNOLOGICAL UNIVERSITY Applications are invited for appointment to the following post: SPORTS OFFICER Entry Requirements: Canaic Hidates should have a university degree. Preference will be given to those with a degree in Physical Education, Sports Sciences or a related field of study. Job
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  • Page 22 Advertisements
    • 1072 22 Hi NATIONAL LIBRARY BOARD The National Library Board (NLB) was established on 1 September 1995, to spearhead the transformation of library services in Singapore in the information age. to meet the needs of Singaporeans in the 21 s century and beyond. Our mission is to ‘expand the learning capacity of
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  • FORUM
    • 286 23 IMPLEMENTING the Scholastic Assessment Test (SAT) as a component in the admission criteria to university is a significant step forward. Unlike the GCE A levels, which consist essentially of memory work and regurgitation, the SAT shifts the focus to analytical skills and problem solving. Combining
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    • 569 23 I AM writing in response to the report “Reasoning tests to enter varsities" (Sec Page 1). I agree with the committee’s basic recommendation that reasoning tests in general may be a useful predictor of academic performance. However, I do not believe that the American SAT
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    • 628 23 MY SPEECH on the Speak Mandarin Campaign (ST, Nov 22) seemed to have sparked off a controversy on culture and ethnicity unintentionally. Space does not permit me to address the many valuable points brought forward, from which I have personally learnt a great deal. How'ever,
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  • 522 24 SUCCESSION AFTER YEAR 2000 PRIME Minister Goh Chok Tong wants to leave behind a team of successors to keep Singapore going, as his contribution to the country. In an interview with Television Twelve aired last Saturday night as part of a programme
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  • 846 24  -  Traffic Scan will give a breakdown of travelling speeds on different roads as well as pinpoint congested spots KARAMJIT K.AIR MOTORISTS can now get more comprehensive traffic information over the radio, with 7,500 Comfort taxis providing real-time data on travelling Speeds and congestion. An Internet
    Source LTA; Mlkt M DIXON  -  846 words