The Straits Times : Weekly Overseas Edition, 1 May 1999
1999-05-01
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The Straits Times : Weekly Overseas Edition
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Title Section20 1999-05-01 1 The Straits Times Weekly Edition Saturday May 1.1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA (P) 080/08/9S20 words
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Article567 1999-05-01 1 IRENE NG - PM Goh unveils millennium’s goal a country where every citizen counts and contributes «!L IRENE NG PICTURE this: A Singapore where every citizen matters, where each can make a difference to society as an active participant. A Singapore where everyone has opportunities to succeed, with567 words
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Article, Illustration379 1999-05-01 1 KOH BOON PIN - Bu KOH BOON PIN IT COST Mr Teo Lay Swee 8100,000 to watch the local movie Where Got Problem! last night. But he had no problem with that because the money was tor his favourite cause, the eiderly. Mr Teo, 70, a hotelier and the379 words
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Page 1 Advertisements
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Advertisement67 1999-05-01 1 S i’O R TS .O Honour On The Way The process is on for submitting the names of Fandi Ahmad and three other Singaporeans for inclusion in Asia’s first soccer ‘Hall of Fame’, pace» M N E Y Mystery Man Better known for gracing the society pages of magazines, he67 words
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PRIME NEWS
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484 1999-05-01 2 Unemployment is still a major concern, as is region’s recovery PM says in May Day message GROWTH in most economicsectors remained weak in the first three months of this year, and unemployment is still a major concern, said Prime Minister Goh Chok Tong in484 words
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392 1999-05-01 2 LESSONS FROM ABROAD TRUST was the word highlighted by NTUC chief Eim Boon Heng in his May Day message to workers yesterday. Here are extracts of what he wrote: "I followed the eightweek industrial action by United Auto Workers at General Motors392 words
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Article, Illustration178 1999-05-01 2 HIS hair was not Taiwanese Jeff Wang's only outstanding asset in the All-Asian Star Search contest. On Sunday, the 24-ycar-old window display artist swept the top prize as well as the Best Personality award for men, beating finalists from Singapore, Malaysia, Hongkong and Guangdong, China. Vivian178 words
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Article350 1999-05-01 2 AHMAD OSMAN - AHMAD OSMAN MOST companies are planning to freeze wages this year despite early signs that the economy is recovering from the recession. More than six in 10 firms sun-eyed recently said they intend to freeze salaries of their staff. More than half expect to pay bonuses350 words
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Article, Illustration727 1999-05-01 3 GERALDINE YEO - But it costs as much as $2 more, is delivered late and the sellers display the meat in the open Bu_ GERALDINE YEO PORK finally hit the markets on Wednesday, via a route plagued with problems as the industry sought to comply with727 words
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484 1999-05-01 3 COLIN TAN - OWNERS SELLING FOR DREAM HOME "JL COLIN TAN AN EXODUS of owners of large Housing Board fiats heading for the private market helped to stabilise resale fiat transactions while the trend of falling prices slowed during the first quarter, HDB data showed yesterday.484 words
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263 1999-05-01 3 HE IS not a central banker by training, yet Deputy Prime Minister Ix>e Hsien Loongwas yesterday named Asia’s “Central Banker of the Year” by Hongkong-based financial journal Asiamoney. In fact, the May issue of the monthly magazine says the Singapore263 words
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HOME
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Article521 1999-05-01 4 BRAEMA MATIN - By holding back, PAP town councils need not raise service, conservancy charges this year BRAEMA MATIN TOWN councils run by People's Action Party MPs are doing away with frills and concentrating on cutting costs. Put on hold are projects involving water, like fountains and wading pools,521 words
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Article, Illustration302 1999-05-01 4 MAIDS, foreign construction workers and other work permit holders will soon be issued with new work permit cards with enhanced security features to cut down on the problem of forgeries. Improved features on the card will include having the worker's fingerprint and the multi-laser imaging302 words
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529 1999-05-01 4 CHONG CHEE KIN - CHECK ON VULNERABILITY OF SYSTEM TO HACKERS Bij_ J CHONG CHEE KIN MORE than 200.000 Sing Net and Sing Tel Magix customers' computers, or close to half of Internet subscribers here, are being scanned without their knowledge to see if their systems are vulnerable to hacker529 words
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Article, Illustration149 1999-05-01 4 THEY arc nice to look at, bit come at a cost. So, some town councils have decided to do away with the frills and keep to basics. Below are some of the extras that are unlikely to be repeated soon. GOODBYE FLOWERS, HELLO FERNS These lantana plants,149 words
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Article, Illustration669 1999-05-01 5 GERALDINE YEO - From July, the authorities will get tougher with motorists who ignore their warrants of arrest >±L GERALDINE YEO FROM July, recalcitrant traffic offenders who ignore warrants of arrest will face tougher penalties, such as not being able to renew road taxes, driving licences and season669 words
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361 1999-05-01 5 EVELYN YAP - By EVELYN YAP ABOUT 30,000 Indonesians are expected to be here in June, at the time when Indonesia holds its general elections, said the Indonesian Embassy. Many are planning to be out of their country to avoid possible violence when campaigning by about 40 political361 words
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Article, Illustration136 1999-05-01 5 THE bribe was $lO,OOO. But Sergeant Theh Kok Liang, 28 (left), was not tempted. Instead, he arrested the driver. That bribe ranks as one of the biggest known to have been offered to a cop on the road. The incident took place at 12.20 pm last Friday136 words
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Article455 1999-05-01 5 M. NIRMALA - MORE FLEXIBILITY TO BRING OUT BEST IN STUDENTS By_ M. NIRMALA SCHOOL principals will now be able to decide the size of their classes. The new system will start next January, when schools which have large enrolments and more pupils who arc weak academically455 words
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Article, Illustration1267 1999-05-01 6 SINGAPORE 21 REPORT IRENE NG speaks to Education Minister Toll Cl we Mean who chaired the S2l committee. Q: lion did your committee l>oil the competing ideas down to the five key ideas J A: One of the things we realised was that thetii v cm sc me. - 1,267 words
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Article, Illustration441 1999-05-01 7 SANDRA DAVIE - Top engineering brains to get bond-free scholarships with the aim of moulding them into technopreneurs Ol SANDRA DAVIE NINETY-SIX of the best and brightest engineers from the region have been selected for the first Singapore-Massachu-setts Institute of Technology Alliance (SMA) programme which aims to441 words
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Article324 1999-05-01 7 GOVERNMENT scholarships are here to stay. Prime Minister Goh Chok Tong said last Saturday that he does not favour the replacement of scholarships with loans for bright Singaporean students. He stated the Government’s stand on the issue when dwelling on one of the five key ideas in324 words
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270 1999-05-01 8 Top family service centres will he able to display a logo soon too to show they give quality service THE Fei Yue Family Service Centre can prove it offers a high standard of service. It has ISO 9002 certification. the first family service centre270 words
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Article, Illustration364 1999-05-01 8 LIM SENG JIN - ACT OUTDATED, SAYS COURT OIL LIM SENG JIN A DENTIST barred from practising for advertising in a women's magazine last year can practise, the High Court ruled last Friday. The Singapore Dental Board had had no choice but to strike him off because that was364 words
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Page 7 Advertisements
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Advertisement319 1999-05-01 7 Tell your friends all that happened this week in Singapore and Asean ril OS klv ditio With a minimum 6 months subscription made by your friend, we will reward you with a chance in our Lucky Draw to win two air tickets t 0... OR •MU AUSTRALIA UK PLUS USA319 words
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Page 8 Miscellaneous
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Miscellaneous1069 1999-05-01 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 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/Weatner (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,069 words
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SPORTS
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Article, Illustration725 1999-05-01 9 SHIRLYNN HO-PEREIRA - Mercurial Patrick Ang outlines his plan for scoring in the SEA Games and achieving Goal 2010 Hu By SHIRLYNN HO-PEREIRA A NEW beginning. A more professional approach and definitely, a boldness to dream. Patrick Ang is back. "Rack from the dead,” he725 words
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Article, Illustration463 1999-05-01 9 SANTOKJI SINGH - SCXICFR IJIL SANTOKJI SINGH FINALLY, the first step has been taken towards giving Fandi Ahmad and three other Singaporeans their place in the pantheon of Asian footballers two months late. The Football Association of Singapore (FAS) will submit the names of striker Fandi, two463 words
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Article333 1999-05-01 9 TAY CHENG KIIOON - GOLF Hu TAY CHENG KIIOON THE Orchid Country Club will be made meaner and tougher in preparation for its hosting of the Singapore Open in August. This was disclosed by club general manager Dennis Tan at a press conference on Tuesday. Earlier, the Singapore Golf333 words
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MALAYSIA
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Article, Illustration557 1999-05-01 10 BRENDAN PEREIR A - He pleads not guilty to unnatural sex with wife’s Former driver; says charge is ‘malicious prosecution’ Hi, BRENDAN PEREIR A 1\ KUALA LUMPUR FORMER Deputy Prime Minister Anwar Ibrahim, sentenced to six years' jail for corruption a fortnight ago. was back in court on Tuesday557 words
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Article, Illustration82 1999-05-01 10 SOLAR BICYCLE IS STREETS AHEAD: This solar-powered electric bicvcle, seen here with its inventor, beat 15 others f rom all over the world at the World Solar Cycle Race in Australia recently. It took five davs for Universiti Teknologi Malaysia lecturer Pakharuddin Mohamed Samin andM \l O M Ml - 82 words
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456 1999-05-01 10 to feed them. —The Star/Asia News Network SEREMBAN Out of 146 people tested in the district of Bukit Pelanduk. 116 were found to be infected with the Nipah virus, the authorities said. They urged villagers not to risk their lives by moving backto feed them. —The Star/Asia News Network - 456 words
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Article335 1999-05-01 10 CONTROVERSY OVER NOVEL PENANG National laureate Shahnon Ahmad’s contract with Universiti Sains Malaysia (USM) may be terminated following the publication of his controversial novel, *****, despite his apology to the university for tarnishing its image, Utusan Malaysia reported on Wednesday. The Literary Award Panel said it335 words
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SOUTH-EAST ASIA
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Article, Illustration555 1999-05-01 11 PALLJACOB - He is a strong compromise candidate among the political parties, says Golkar party No. 2 UIL PALLJACOB THE Indonesian armed forces chief, General Wiranto, is emerging as a strong compromise candidate that all major political parties want to see at the helm of the country either555 words
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Article458 1999-05-01 11 DERWIN PEREIRA - By DERWIN PEREIRA I\I\KART A INDONESIA warned on Tuesday that the haze could return with a vengeance this year and blanket Singapore and Malaysia in a repeat of what happened just two years ago. Professor Haryono Suyono, who heads the national team for458 words
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196 1999-05-01 11 The Nation/Asia News Network BANGKOK The government will introduce an earlyretirement Bill to move 30,000 employees out of the civil service. Those eligible must have served at least 25 years to enjoy the full benefits of the package, said Office of Civil Service Commission (OCSC)The Nation/Asia News Network - 196 words
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358 1999-05-01 11 lAZ BAGLIORO - By lAZ BAGLIORO IN MANILA THE image of Filipino policemen suffered another blow a few months after a poll showed that public esteem for them had improved. The Philippine National Police (PNP) is again in danger of sinking in public estimation after three358 words
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Article169 1999-05-01 11 Reuters PHNOM PENH Imprisoned Khmer Rouge military strongman Ta Mok has told investigators that 20 to 30 of his former comrades were responsible for the group's 1970 s reign of terror, a military court official said on Wednesday. Ta Mok is the only leader of theReuters - 169 words
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COMMENTARY
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Article628 1999-05-01 12 WEDNESDAY April 28,1999 OH. THIS vision thing." former US president George Bush is reported to have said, in January 1987, in response to the suggestion that he turn his attention from shortterm political campaign objectives to longer-term issues. This vision thing, indeed. Politicians are not known628 words
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Article620 1999-05-01 12 THURSDAY April 29,1999 NO ONE loves a recession; the sooner it is over, the better. After more than a decade of high growth. Singaporeans might be forgiven tor being somewhat reluctant to embrace the realitv of the sharp economic downturn that set in early last year.620 words
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Article, Illustration805 1999-05-01 12 SIA CHEONG YEW - SECOND LAST WORD K'l SIA CHEONG YEW INTERNET "bovfriend" outrages modesty of 11-year-old. This was the headline of a store in a Prime News page in this newspaper recently that made me w’onder whether parents here are aware of what their children are805 words
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Article, Illustration912 1999-05-01 13 ASAD LATIF - MY VIEW lit, ASAD LATIF NATURALLY. I never asked him his name. He sold chickens in the wet market of the housing estate where 1 live. When I patronised his stall, the transaction took minutes, and it was concluded with a perfunctoryLVDWIG 11 IO - 912 words
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Article, Illustration988 1999-05-01 13 TAN SAI MOM - BY THE WAY H,, TAN SAI MOM. THE Monetary Authority of Singapore is liberalising the banking and financial services sector at such a pace that it makes the normally cosy club of local bankers and stockbrokers feel uneasy, if not giddy. From fundLl l>\\ 1C 11.10 - 988 words
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INSIGHT
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Article, Illustration1741 1999-05-01 14 Sacred cows arc being slaughtered in Kai) Siang Road. M. NIRMALA discusses the ‘silent revolution in schools. FOUR days a week, several of the 89 teachers at Admiralty Primary stay back until .9 pm to finish the work they cannot dosoi l NOS %I I s - 1,741 words
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991 1999-05-01 15 H AN FOOK KWANG - THINKING ALOUD H AN FOOK KWANG AS I read reports of the current debate on scholarships, mv mind turned back to the day. 27 years ago. when I was first told that I had been awarded one to study engineering in England. It is991 words
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Article, Illustration1020 1999-05-01 15 CIII A LEE HOONG - THIS WEEK IN POLITICS K'l CIII A LEE HOONG CONSIDER, for a moment, the unthinkable: electronic road pricing that charges $lO each time your car passes uncicr one of those gantries during the morning rush hour. So, if you live in Bcdok and work1,020 words
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MONEY
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391 1999-05-01 16 – DENNIS CHAN - DENNIS CHAN IT WAS a volatile week for Singapore stocks, with the ebb and flow in market sentiments leading to sharp swing in prices. The market opened the week on a bullish note as a result of spill-over in buying interests from last391 words
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Article76 1999-05-01 16 Straits Times Index The Straits Timas Index rosa 20.91 points in tha wank to 1,886.19. DAY CLOSE TURNOVER Monday 1.869.62 4.34) 497.2m ($626.8m) Tuesday 1,876.39 <♦ 6.77) 520.9m ($672.4m) Wednesday 1,837.16 (-39.23) 623.9m ($807.1m) Thursday 1,818.49 (-18.67) 512.6m ($647.5m) Friday 1,886.19 (*67.70) 567.3m ($816.1m) BT-SRI Index The76 words
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Article1874 1999-05-01 16 Company Data ann Net earn TY LV <$m) ($m> EPS TV LV (Ctf) lets) ABR Mar 24 P 2.862L 5.346L 6.0L 12L ACE Ceramic Mar 22 P 11.038 9895 7.80 7.90 ANA Hot«IS Mar 31 P 0.207L 2.914 0.4L 608 Acme Mar 26 P 20.169 ***** 12.2 14.21,874 words
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Article151 1999-05-01 16 BONUS ISSUC EaBooks Acc 6 Company Ratio data dose Paymt Serial Sys one-for-tliree Apr 30 May 7 NA BBR one-for-one May 20 May 27 Jun 15 OUB one-for-ten May 10 May 17 May 28 RIGHTS ISSUE Ex* Books ACC Company Ratio data close Paymt OTHERS Ex* Books Acc151 words
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Article1025 1999-05-01 16 Payment (cts) Ea data Books close Pay data Armstrong 10c b 0.15 Apr 20 Apr 27 May 7 ABN AmroNG1.25 F NLG0.67 Mar 10 May 28 Auric Pac 50c b 3.5 Apr 28 May 5 May 24 BBR 5c b 1 May 20 May 27 Jun 15 BAT1,025 words
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Article36 1999-05-01 16 Company Description Eng Kong Proposed o Bonus issue on the basis of one now ord shorts of S0.10 each for two ousting ord shorts of S$O.IO each ncid in tho capital of tho Company.36 words
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Article119 1999-05-01 16 Company Plata Data Tima Ktpptl A Contaranca Room Jun 8 10.15am Tat Lao Kappal Corpn Ltd Bank 325 Talok Blanqah Rd Spore (*****1) Penguin A Tha Board Room May 18 10.00am Boat 18. Tuas Basin Link S'pora (*****4) BBR A Board Room May 17 10.30am c 50 Changi119 words
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Article1360 1999-05-01 17 UNIT TRUSTS FUNDS May 1,1999 Managers' prices (S$) UNIT TRUSTS Nicholas Applegate Aberdeen S poreGr Fd 1.338 1.407 NA Asia-Pac Gr Fd 0.615 0.650 NA S pore Gr Fd!** 0.870 0.915 Aberdeen Select Portfolio NA Reg China Fd!** 0.450 0.475 American Opport Fd 1.085 1.140 NA Reg India Fd 0.7551,360 words
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168 1999-05-01 17 LEONG CHAN TEIK - Hr, LEONG CHAN TEIK PUBLISHER Panpac Media.com. which on Wednesday became the first listed company in Singapore and probably in Asia to put “.com" after its name, will soon launch two In-ternet-related businesses. Vice-chairman Chong Huai Seng said at a press briefing last Wednesday that168 words
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Article, Illustration427 1999-05-01 17 AMY BALAN - After the fixed 4 and 5 per cent for first and second years, borrowers will pay 5.25 per cent !!i AMY BALAN IN THE latest blitzkrieg in the home loan war, OCBC is offering fixed-rate loans for five years the first time427 words
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Article477 1999-05-01 17 MARY KWANG - CHINA IN WTO Hu MARY KWANG CHIN CORRESPONDFNT BEIJING China's entry into the World Trade Organisation r WTO) will enable Singapore to compete on a more level plaving field in trade with the country and also present its companies with more opportunities in the service sector.477 words
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Article4552 1999-05-01 18 Transaction date: April 30,1999 MULTI INDUSTRY 52-Wh High Low Company Curr Last Traded Sale ♦or* Vol 000 Day High Low Gr's Div Nat M Cap P/E Smll Wt Avg Price 119 17.5 m o Acma 50c 101 cd ♦4.5 988 101 96.5 10 8.3 167.1 100 494,552 words
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Article1059 1999-05-01 19 52-Wh High Low Curr L«l Compony Tradod Salt ♦orVol '000 Day High Low Cr't Olv Net P/E M Cep $mil Wt Avg Prlc* MANUFACTURING 174 30 c AS Auto 10c 113 ♦4 563 114 110 15 N 10.7 129 112 79.5 45 c ASJ Hldgs 20c 67 •3 61,059 words
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Article1534 1999-05-01 19 BONDS, LOANS WARRANTS Transaction date: April 30,1999 52-Wh High Low Company LOlt Salt ♦orVo! 000 Day High Low Loot Ouoto Buy»! Sailor Wt Avg Prlct 23 3 t •Actr W*****1 USS .20.5 ♦2 376 21 19.5 20.5 21 2e 4 5 s Acmo W*****4 24 5 ♦2 530 25 2351,534 words
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Article141 1999-05-01 19 (9am,April 30) Buying 00 Selling Singapore dollars to on* unit ol foreign currency Australian dou*r 1.1070 1.1230 Canadian dollar 1.1430 1.1670 NZ dollar 0.9350 0.9550 Starling pound 2.7’20 2.7400 1.6990 Singapor* dollars to 100 units of foraign currancy Austrian schilling 12.90 13.30 Belgian franc 4.410 4.510 Chines# rinminb 18.60141 words
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Article620 1999-05-01 20 NGWEIJOO - Two Singapore banks have plans to change tne way people here :spend money with cashless cash’ Hu NGWEIJOO IT LOOKS like a credit card. It feels like a credit card. It even works like a credit card, as far as a retailer is620 words
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Article, Illustration370 1999-05-01 20 AMY BALAN - By AMY BALAN AKHBAR Khan Mohamed Khan. 58. is better known for gracing the society pages of lifestyle magazines than for being featured as a dealmaker. But in the past month, his name has popped up twice in business headlines. The first was370 words
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Article, Illustration294 1999-05-01 20 SEVENTY-TWO-YEAR-OLD John Gokongwei is a self-made man who, through sheer hard work and a keen eye for business opportunities, built a family empire estimated at US$l.2 billion (Ss2 billion). The eldest of six. he peddled rice, cloth and souvenirs during the Japanese Occupation. At 28 and with one294 words
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448 1999-05-01 20 WILLIAM C IIOONC - By WILLIAM C IIOONC; CREATIVE Technology shares closed 8.5 percent lower on Wednesday, after the company reported a BO per cent fall in net earnings tor its third fiscal quarter. Hit by higher sales of low-er-margin products, net earnings at the home-grown multimedia448 words
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Page 19 Advertisements
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Advertisement14 1999-05-01 19 Buy It. Sell It. Find It. Classified. 0 Call Today For Results Tomorrow. 1800-737-116614 words
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Page 21 Advertisements
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Advertisement913 1999-05-01 21 The Straits Times Weekly Edition APPOINTMENTS 0 Think Reuters. Think News. Think again! Reuters is not only the leading international news organisation, it is also a leader in supplying financial and business information. Using the latest technology, we supply the global financial community and news media with a wide range913 words
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Page 22 Advertisements
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Advertisement964 1999-05-01 22 Is Information Technology Your Cup Of Tea FINESSE ALLIANCE excels in vision-to-end cross channel management. Our clients are dynamic multi-national corporations from the financial services arena. Our team comprises consulting and technical professionals with expertise in project management, sales and marketing, systems design and development, product innovation and R&D. Owing964 words
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FORUM
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Article, Illustration528 1999-05-01 23 I REFER to Ms M. Nirmala’s articles, “Shifting the spotlight to weak pupils" and “Class size now up to principals" (ST, April 24), Both articles refer to the issue of class size and conclude that MOE has made an “about-turn" on class size in itsMil I ROS \l I S - 528 words
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281 1999-05-01 23 IT IS heartening to knoyv about the “heartwarc" programme, Singapore 21. Though I work overseas, I consider myself a patriotic Singaporean and am troubled by the view’ taken by the authorities of overseas Singaporeans. They are being marginalised in the electoral process. Our system has no281 words
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Article126 1999-05-01 23 Singaporeans are so preoccupied with their yvork and family chores, that very few hardly have the time to have a casual chat. Those who do have the time, tend to treat issues like politics yvith circumspection when discussing them in public. This taboo can only be126 words
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254 1999-05-01 23 I REFER to the article “Police to put brakes on big vehicles” (ST. April 23) anil yvould like to suggest a practical proposal for the relevant authorities to endorse a proposal which could solve tnc problem of speeding on roads, once and for all.254 words
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326 1999-05-01 23 I WANT to strongly second writer Monica Gwee’s remarks on taxi drivers in Singapore in her column “World class? Dunno lah" (ST, April 29). I, too, have encountered taxi drivers who did not know how to go to places like St Andrew’s Cathedral, or326 words
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561 1999-05-01 24 DOUGLAS WONG - Akbar Khan's Effective Capital offers discounts of about 50%, less than yesterday’s traded price Hi, DOUGLAS WONG IN M AI.A I.CMPIR SINGAPORE'S 170,000 Club investors were last night formally ottered cash for their frozen shares nut at a price that values them at561 words
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Article, Illustration279 1999-05-01 24 PEOPLE power will prevail on National Day. And reinforcing this theme is the National Day Parade logo, which was unveiled on Thursday. It shows a figure twirling a ribbon in the shape of a heart. The parade at the National Stadium this year will celebrate the role279 words
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664 1999-05-01 24 COLIN TAN; LIZ BAGIIORO - *y COLIN TAN IN SINGAPORE UH(i LIZ BA< LIZ BAGIIORO IN MANILA FILIPINO Chinese tvcoon John Gokongwei on Tuesday emerged as a aark horse, beating all other suitors to claim the Salim Group's 23 per cent stake in United Industrial Corp UIC)664 words