The Straits Times : Weekly Overseas Edition, 24 July 1999
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1999-07-24
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The Straits Times : Weekly Overseas Edition
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Title Section20 1999-07-24 1 The Straits Times Weekly Edition Saturday July 24,1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA (P) 080/08/9820 words
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Article, Illustration537 1999-07-24 1 Htt NARENDRA AGGARWAL - Key exports rise for third month in a row; TDB forecasts total trade increase of 4-6% this year »>/ Ht t NARENDRA AGGARWAL SINGAPORE exports expanded a healthy 7-5 per cent last month, continuing the growth trend of the previous two monthsPhoto JEROME MINC - 537 words
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Article, Illustration430 1999-07-24 1 KAREN WONG - «2. KAREN WONG A MAN who kicked and killed a dog, was jailed for three months on Tuesday and ordered to pay the animal’s owner $1,300 in compensation. Michael Gracia alias David Devito, 32, a businessman, whose act was described as “vindictive” by the prosecution, was foundLCISENRIQIF. ASCII - 430 words
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Page 1 Advertisements
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Advertisement56 1999-07-24 1 S FORTS Men Behind Women Breadwinner, maid, chauffeur, one-man cheerleading squad the Sensitive New Age Guy is now standing firmly behind his woman. page MALA V S I A Mahathir In Tears The Malaysian Premier could not contain his tears as he spoke of bumiputra students lagging far behind non-bumiputras56 words
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PRIME NEWS
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Article600 1999-07-24 2 DOMINIC N ATHAN - Specialists and warrant off icers will be offered a longer career and get attractive perks and better defined roles IJIL DOMINIC N ATHAN THE Singapore Armed Forces has unveiled a new career plan for specialists and warrant officers the backbone of the military which will600 words
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Article, Illustration513 1999-07-24 2 PAULJACOB - STORE'S TOP MILITARY MEDAL FOR GENERAL Oil PAULJACOB INDONESIAN Defence Forces (TNI) chief Wiranto said after receiving Singapore's highest military medal on Monday that the award would spur him to bring about even stronger cooperation and ties between the two countries. AI I \NHK 7.A08A0 - 513 words
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389 1999-07-24 2 liy SAMANTHA SANTA MARIA - ‘J'j. liy SAMANTHA SANTA MARIA STOCK options will be taxed differently in one or two months’ time, as part of moves to entrench the concept of workers sharing risks with their companies. Those who exercise their companies’ stock options will be allowed to389 words
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580 1999-07-24 3 AIIMAD OSMAN - PRESIDENT ONG'S DECISION NOT TO RUN AGAIN... »!L AIIMAD OSMAN THE labour movement is a "bit disappointed" that President Ong Teng Cheong is not going for a second term but respects his decision to step down, a top labour leader told580 words
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Article, Illustration747 1999-07-24 3 IRENE NG; n Day. — Additional REPORTING BY EUNICE L\U; Yvonne Koh - And more of those wanting to choose their president are people who hold A levels and above, survey by SPH shows By IRENE NG >n Day. Additional REPORTING BY EUNICE L\U and Yvonne Koh NEARLY four out of five Singaporeans hope for ams cm sc. rise. - 747 words
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404 1999-07-24 3 SINGAPOREANS were divided on the question of whether a candidate linked to the People’s Action Party would make a better president than one without them. About half those taking part in the SPH survey said a PAPlinked candidate would make a better president than a404 words
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HOME
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Article535 1999-07-24 4 JASON LEOW - Regional relations have weakened with the economic crisis, said half of those polled in a Feedback Unit survey hjl JASON LEOW HALF of the Singaporeans polled in a Feedback Unit survey believed the republic’s ties with its neighbours had deteriorated with the economic crisis. Another three535 words
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372 1999-07-24 4 THE Government received a strong vote of confidence for the way it handled the economic crisis, with nine in 10 people in the survey saying it had done a good job in helping Singaporeans. About half of those surveyed also said that the crisis had372 words
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285 1999-07-24 4 LYDIA LIM - NTUC WANTS JAIL TERMS IjjL LYDIA LIM THE labour movement is calling for more severe punishment, including jail terms, for contractors who flout safety rules repeatedly. In the first six months of the year, 28 workers died in construction site accidents here. A285 words
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Article217 1999-07-24 4 CALL them the new poor professionals who had lost their jobs during the economic crisis and have trouble paying their mortgages or children's overseas education. Most of them hold whitecollar jobs, earn more than $4,000 a month and have young to teenage children to support. With their217 words
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55 1999-07-24 4 MILLENNIUM COUNTDOWN: Here is the newest Orchard Road landmark. Designed by Swatch and presented to Singapore, the $300,000 clock was unveiled last Friday with fireworks. It tells the number of days to the next millennium and shows the time in five cities. It is 2.3 m across and three storeysLUIS KNRIQUF. ASCI I - 55 words
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Article512 1999-07-24 5 DOMINIC NATHAN - Tin *ee oil firms break with industry practice of giving freebies instead of cheaper petrol; Case welcomes move »1 DOMINIC NATHAN A PRICE war has erupted at petrol stations. Mobil fired the first salvo, offering a 12 per cent discount on petrol over last weekend,512 words
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64 1999-07-24 5 HAPPY TOGETHER AS THEY STEP INTO THE FUTURE: Pupils of Temasek Primary in New Upper Changi Road came to school on Wednesday in their colourful ethnic costumes to celebrate Singapore’s cultural diversity. Racial Harmony Day is marked in schools on July 21 every year to remember the anniversary of the1 \\ SI AN \\\ - 64 words
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Article, Illustration474 1999-07-24 5 TAN 001 BOON - LAWYER FRIEND DIES ON SAME DAY «!L TAN 001 BOON ONE of Singapore's top appeal judges, Justice Mootatamby Karthigesu, 75, who was being treated for stomach cancer, died in hospital at about 1 pm on Wednesday. Coincidentally, his longtime friend, senior lawyer M.474 words
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362 1999-07-24 5 WENDYTAN - Oil WENDYTAN WOMEN who have the human immunodeficiency virus (HIV) can now turn to a support group for help. Set up in March by the care and counselling department of Tan Tock Seng Hospital, and the HIV Patient Care Centre in the Communicable362 words
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464 1999-07-24 6 BRAEMA MATH I - The NUS study, though reassuring, finds that within the home, few duties are shared between working spouses Reports by BRAEMA MATH I THE Singapore family is strong and in a healthy state, but faces potential strains, according to a study commissioned by the Ministry of464 words
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495 1999-07-24 6 WIVES are still the main people taking care of the home, even if they are working. Husbands, on the other hand, are still less active in helping out at home. Research on the Singapore Family shows that spousal roles are divided along traditional lines495 words
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Article, Illustration407 1999-07-24 7 M. MRMAI. A - Education Minister asks at The Chinese High: Can bright pupils he allowed to make better use of last 4 years of general education? Oil M. MRMAI.A IS THERE a way for bright students to be educated from Secondary 3 to Junior College 2 without havingGEORGE CASCOV - 407 words
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561 1999-07-24 7 M. Njrmala - No 0 or A levels 4 Plans to qo co-ed 4 Finding places for students at top overseas universities By M. Njrmala BY 2001, The Chinese High will be able to offer six years of education from secondary to junior college level, and not561 words
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Article, Illustration541 1999-07-24 7 KAREN WONG - Hi/} KAREN WONG WELL-knowm criminal lawyer Peter Keith Fernando w’as fined the maximum of $lO,OOO in the traffic court last Friday and banned from driving for five years. Fernando, 41, pleaded guilty last Friday to drink driving and refusing to give a sampleJOYCE FANG - 541 words
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Article461 1999-07-24 8 LYDIA LIM - People are more upbeat about economy, jobs and their finances than 3 months ago, ST index shows Oil LYDIA LIM CONSUMER confidence has surged in the last three months, with Singaporeans feeling upbeat about the economy, the job market and their own financial situation. The461 words
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Article, Illustration223 1999-07-24 8 MEMBERS of Singapore’s political Old Guard returned to City Hall, the site of many of Singapore's historic moments, last Thursday for the launch of a book which puts their achievements on record. Lee s Lieutenants, edited bv academics Kevin Tan and Lam Peng Er, highlightsJFROXIK MIN'C - 223 words
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Page 6 Advertisements
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Advertisement298 1999-07-24 6 Zw Founded 1905 National University of Singapore Graduate School of Engineering Applications are invited for admission to the following full-time Graduate courses in the 1999-2000 academic year (commencing 3 January 2000): TO GRADUATE OANUABVINTAKE2OOO) Master of Science in Civil Engineering Master of Science in Chemical Engineering Master of Science in298 words
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Page 8 Miscellaneous
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Miscellaneous1062 1999-07-24 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/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,062 words
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SPORTS
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Article, Illustration703 1999-07-24 9 IVYONG - They would never have been known as good sportswomen, but for their boyfriends or husbands THE OTHER HALF SAYS IVYONG YOU may have heard of woman snooker champion Shanna Ng but chances are, you will never have heard of Lim Gim Hwee. About time you did.KENTAY - 703 words
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Article, Illustration562 1999-07-24 9 f CHAN TSE CHUEEN - *1 f CHAN TSE CHUEEN SINCE late last month, Elise Lee has been living in a container. And the national women’s captain of the traditional boat race team will continue to do so until the rowers leave for the South-east Asia Games in Bru- nei nextJOSE RAYMOND - 562 words
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Article207 1999-07-24 9 S. MI RALI - titp S. MI RALI FANDI AHMAD will be the new assistant soccer coach for the Brunei South-east Asia Games. The former national captain was released for the national stint by his club, Singapore Armed Forces FC, on Monday. Last Saturday, SAFFC’s manager Kok Wai Leong207 words
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MALAYSIA
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Article, Illustration415 1999-07-24 10 If the slide is not arrested, it could create jealousy between races and instability, he says Bernama, Reuters ALOR STAR Prime Minister Mahathir Mohamad yesterday broke down and cried over the poor grades of bumiputra students, saying that they were far behind their non-bumi-putraBernama,; Reuters; BERN\M\ - 415 words
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438 1999-07-24 10 Bernama, New Straits Times KOTA BARU Kelantan Mentri Besar Datuk Nik Abdul Aziz Nik Mat said on Tuesday that he has discouraged the recruitment of beautiful women in state government departments. He said that he had "whispered" to his officers who conducted interviews toBernama,; New Straits Times - 438 words
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302 1999-07-24 10 Bernama, New Straits Times KUAIA LUMPUR Singapore's latest acquisition of the Spike anti-tank missiles will not pose a threat to Malaysia’s sovereignty, Defence Minister Datuk Abang Abu Bakar Abang Mustapha has said. He said Malaysia, on the other hand, would notBernama,; New Straits Times - 302 words
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330 1999-07-24 10 Reuters KUAIA LUMPUR Malaysia’s Prime Minister Mahathir Mohamad last Saturdaystepped up the charm offensive ahead of impending elections, thanking the nation’s wealthyethnic Chinese community for standing by him in troubled times. He said Chinese willingness to share their wealth with the Malays hadReuters - 330 words
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SOUTH-EAST ASIA
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Article, Illustration439 1999-07-24 11 LUZ BAGUIORO - THE MANILA TIMES SHUT DOWN By LUZ BAGUIORO PHILIPPINES CORRESPONDENT PHILIPPINES President Joseph Estrada’s running feud with the local media has claimed a casualty: The Manila Times. The Times, which drew a libel suit from the President earlier this year for linking himAH* - 439 words
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Article, Illustration501 1999-07-24 11 DERWIN PEREIRA - But the new Attorney-General reassures that charges against the former President won’t be quashed DERWIN PEREIRA IN JAKARTA AS FORMER Indonesian President Suharto edged his way to recovery after suffering a mild stroke earlier this week, authorities said on ThursdayHKI'TERS - 501 words
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302 1999-07-24 11 EDWARD TANG - By EDWARD TANG THAILAND CORRESPONDENT BANGKOK The Thai government has cooked up a novel solution to ease unemployment at home by sending chefs to work in Thai restaurants abroad, where more than 5,000 such outlets are in operation. The scheme, mooted by the302 words
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COMMENTARY
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Article582 1999-07-24 12 SATURDAY UNITED States Secretary of State Madeleine Albright's planned talks with her Chinese and Indian counterparts i sidelines of the Asean Regional Forum here will provide the US an opportunity to use its good offices in reducing the two countries’ tensions with Taiwan and Pakistan.582 words
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Article572 1999-07-24 12 WEDNESDAY July 21,1999 INDONESIAN Defence Forces (TNI) chief Wiranto, who is also Defence and Security Minister, is the latest of a number of distinguished leaders from that country to reaffirm its friendship and co-operation with Singapore. The general, who was here to receive Singapore's highest military medal on572 words
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Article, Illustration637 1999-07-24 12 YEONG AH SEISG - SECOND LAST WORD By YEONG AH SEISG DOT.COM fever has spread to Asia. It comes hot on the heels of soaring Internet stocks in the United States. And like many things American, it is big. In recent months, the Internet bonanza has sent637 words
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1043 1999-07-24 13 NC WEIJOO - MY VIEW NC WEIJOO THE recent fiasco over DBS Bank's handling of the shortcomings in its Nets short for Network for Electronic Transfers (Singapore) payment system is a classic example of how technology, for all its usefulness, still needs a human face. And1,043 words
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1159 1999-07-24 13 BRENDAN PEREIRA - LETTER FROM KUALA LUMPUR By BRENDAN PEREIRA BETONG Mr Liew Cheng is living proof that battle-hardened communists can embrace capitalism wholeheartedly. A can of Coca-Cola will cost you RM2 (550.90); a bottle of ointment for a multitude of aches is RMS, a keychain is1,159 words
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INSIGHT
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Article, Illustration1908 1999-07-24 14 A new book on the Old Guard helps refine the nations understanding of a defining period in its history, says CHERIAN GEORGE. V LAST THURSDAY’S launch of U-e's Lieutenants at City Hall was a suitably low-key affair, with no guest of honour,\<>H ROSXII S - 1,908 words
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Article1501 1999-07-24 15 i /I RAID All IBRAHIM - Women where art thou? THINKING ALOUD By i /I RAID All IBRAHIM IT'S about time. With just 159 days to the new millennium, Dr Aline Wong's message to men on July 10 could not have come any sooner that Singapore women want to embrace the 21st century unencumbered by 20th1,501 words
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953 1999-07-24 15 CHLALEE lIOONG - LAST WEEK IN POLITICS By CHLALEE lIOONG THE July 19,1999 issue of Time magazine is one that should find a place in Singapore’s National Museum, or Archives, or whichever body it is that records the defining moments of the Republic’s growl h. For953 words
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MONEY
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363 1999-07-24 16 THE local bourse slipped badlv with the benchmark Straits Times Index falling below the 2,000-point level over the past week hurt by a confluence of negative factors. Tension between China and Taiwan rose to a fever-pitch while the rising yen evoked fears that363 words
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Article1818 1999-07-24 16 Company Oata ann Net earn TY LY ($m) <$m> IPS TY LY (ctsl (ctt) AsiePac Brew Jun 11 1 28.597 37 235 11.3 14.7 Alexandra Jun 30 P 0436 9.575L 1.45 32L Advanced Sys Jun 23 P 14.093L 12.004 12L 10.6 Auric Mar 12 P 5821 3 8491,818 words
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Article177 1999-07-24 16 BONUS ISSUE ExBooks Ace Company Ratio date close Paymt IOT Hldgs one-for-four Aug 13 Aug 20 Aug 31 RIGHTS ISSUE ExBooks Acc 6 Company Ratio date close Paymt DBS Land Ranouncaable Rights issue on the basis of t for every 4 existing shares held at $2.30 per Rights177 words
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Article74 1999-07-24 16 Straits Times Index The Straits Times Index dropped 144.07points on the week to 1,990.2. DAY CLOSE TURNOVER Monday 2,121.3 (-12.88) 497.6 ($593.95m) Tuesday 2,137.9 (*16.57) 657.6 ($739.88m) Wednesday 2,097.3 (-40.57) 640.8 ($726.87m) Thursday 2,067.9 (-29.45) 340.2 ($514.15m) Friday 1,990.2 (-77.74) 402.6 ($802.58m) BT-SRI Index The BT-SRI Index74 words
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Article902 1999-07-24 16 Payment (cts) Cx date Books close Pay data Amara 20c b 0.4 Jul 9 Jul 16 Jul 30 Avlmo 20c 1 2.25 Jul 20 Jul 27 Aug 12 Aitech 5c 1 0.1TE Jul 12 Jul 19 Aug 2 Bukit Same b 20 Aug 26 Sep 2 Sep 15902 words
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Article30 1999-07-24 16 Company Ooscrlptian ACE Dynamics Propose) Privata Placement of 16,378,000 New Ordinary shares ol $0.20 each in the Capital Of Ace Dynamics Ltd at $0,459 for each placement share30 words
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Article139 1999-07-24 16 Company Place Data Time SCotleemi» E 2 Senoko South Rd Super Industrial Bldg S'pore (*****6) Aug 18 10.00am IDT E 95 South Bridge Rd #09-00 Pidemco Centre Spore (*****7) Aug 11 9.00pm Scotts E Rattles Hotel East India Room 1 Beach Road S pore (*****3) Aug 10 10.10am139 words
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Article1378 1999-07-24 17 UNIT TWISTS FUNDS July 24,1999 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Morgan Grenfell (Asia) Limited Aberdeen S pore Gr Fd 1.702 1.789 MG Premier Select T/& 0.95 1.00 Aberdeen Select Portfolio MG Asia Premier T! 1.17 1.23 American Opport Fd 1.096 1.152 MG Premier Asian Bd1,378 words
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Article761 1999-07-24 17 DENNIS CHAN - Plan contains safeguards to ensure Singaporeans control and are major owners of carrier l±L DENNIS CHAN SINGAPORE Airlines (SIA) last Friday unveiled a plan allowing unrestricted foreign ownership of its shares while containing safeguards to ensure that control and substantial ownership remains in Singaporean761 words
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451 1999-07-24 17 Hi/ NARENDRA AGGARWAL - By Hi/ NARENDRA AGGARWAL SINGAPORE'S non-electron-ics exports have emerged as the new star in the country's trade with a record $.3 billion shipped last month. Non-electronics exports formed a third of all Singa-pore-made goods sold overseas and in the April-June quarter recorded a sharp 21451 words
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Article4466 1999-07-24 18 Transaction date: July 23,1999 MULTI INDUSTRY 52-Wk Curr Last High Low Company Traded Sale ♦or* vol 000 Day High Low Gr’s Dlv °/< Net M Cap P/E $mll Wt Avg Prica 182 17.5 m B Acma 50c 127 •2 365 128 124 10 10.4 210.1 133 944,466 words
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Article1056 1999-07-24 19 52-Wk High Low Curr Lost Company Traded Sal* ♦or- .< 02. o o Day High Low Gr’s Dlv Nat P/E M Cap $mil Wt Avg Price MANUFACTURING 218 30 C AS Auto 10c 165 8 554 169 159 10 N 188.4 174 137 45 c ASJ Hidqs 20c 811,056 words
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Article1502 1999-07-24 19 BONDS, LOANS WARRANTS Transaction date: July 23,1999 52-Wh High Low Company Last Sale ♦Of Vel '000 Day High Low Lait Ouote Buyer Seller Wt Avq Prlct 104 3 s "Acer W*****1 US$ 45 35 407 47.5 45 45.5 49 80 4.5 s Acma W*****4 38 •2 366 40 38 38.51,502 words
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Article147 1999-07-24 19 (9am, Jul 23) Buying OD Selling Singapore dollars to one unit ot foreign currency Austraiiandoi'ar 1.0950 1.1100 Canadian dollar 1.1140 1.1380 NZ dollar 0 8910 0.9100 Sterling pound 2 6730 2.7010 US dollar 1.6920 1.7030 Singapore dollars to 100 units of foreign currency Austrian schilling 12.80 13.07 Belgian franc147 words
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396 1999-07-24 20 U.VIN CHEW - WON'T HAVE IMPACT ON CURRENT YEAR'S GROUP EARNINGS, SAYS DBS BANK U.VIN CHEW DBS THAI Danu Bank on Tuesday announced a bottomline loss of 9.97 billion baht (*****.4 million) for the first half of this year due to increased provisions tor bad loans396 words
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Article727 1999-07-24 20 All they know about trading are IPOs. But LESLIE KOH finds that ignorance does not stop newcomers from jumping into the stock market frenzy HIS friends made thousands. Now, Mr M. Muhamed, 40. wants a piece of the stockmarket action too. But he is stepping into the727 words
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Article298 1999-07-24 20 YOU can toll the stockmarket \irgin from a pro. Tlu* virgin keeps calling his dealer to ask il the buy order has conic through, sticks to IPOs, lmvs in small quantities and suffers disproportionately from anxiety attacks. Said general manager of Kav Hian brokerage298 words
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Article, Illustration424 1999-07-24 20 Hi/ RAEPANA RASHIWALA - Hi/ RAEPANA RASHIWALA HOTEL tycoon Kw'ek Leng Beng says taking a stake in Saudi Prince Alwaleed’s Fairmont Hotels Resorts management chain will enable his Singapore hotel group to vault to greater prominence in the world’s largest market, the US. Fairmont Hotels manages a424 words
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Page 19 Advertisements
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Advertisement14 1999-07-24 19 Buy It. Sell It. Find It. Classified. yj Call Today For Results Tomorrow. 1800-737-116614 words
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Page 21 Advertisements
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Advertisement940 1999-07-24 21 The Straits Times Weekly Edition APPOINTMENTS fW Singapore Sports Council The Singapore Sports Council promotes and manages a wide range of public sports facilities and the Sports for Life Sports Excellence programmes to realise our national objective of fostering a fit and healthy nation. You are invited to take on940 words
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Page 22 Advertisements
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Advertisement860 1999-07-24 22 Honings expertise of healthcare professionals is our tradition. And we've not relented in our quest for excellence for the past 14 years. Because we know that’s the way to go in providing specialised and cost-effective healthcare of the highest quality. And we need kindred spirits to join us. II excellence860 words
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FORUM
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266 1999-07-24 23 Former Nominated Ml’ Kanwaljit Soin has said rightly that a full discussion on the presidency is needed. Ever since being a member of the President’s Constitutional Commission on Minority Rights in 1966,1 have had the pleasure of friendship or acquaintance with most of the illustrious names266 words
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Article, Illustration266 1999-07-24 23 I REFER to letters by Mr Tan Eng Swce (ST, July 16) and Mr Sebastian Tan (ST, July 20). I am a bit confused as to the benefits of retirement villages. It would help if our HDB flats were more elderly-friendly. This is easily266 words
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189 1999-07-24 23 W1 1 ERE exactly do we go from here? Just last week, Malaysia’s Foreign Minister said he wanted better relations between Malaysia and Singapore. Now, its Deputy Defence Minister Abdullah Fad/.il Che Wan is telling us something else. He says we arc a189 words
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Article, Illustration715 1999-07-24 23 WE REFER to Dr Ho Kee Wai’s response (ST, June 28) to Mr Tan Kheng Lian’s letter (ST, June 16) on misleading advertising on cures for myopia. Vision scientists have been experimenting with the use of bifocal or multifocal lenses to control myopia in children since715 words
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Article, Illustration649 1999-07-24 24 LEE KIM CHEW - Marketing the countries collectively will send a strong signal that the region is united and working together, he says *il LEE KIM CHEW PRIME Minister Goh Chok Tong yesterday urged Asean countries to go on a joint investment roadshow to tell the worldstkves in - 649 words
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555 1999-07-24 24 LIM SENG JIN - Oil LIM SENG JIN THE trial of the two men acof raping and molesting an Australian woman tourist ended yesterday with one of them convicted of kidnap and rape, and the other found guilty of molest. The High Court sentenced555 words