The Straits Times : Weekly Overseas Edition, 23 October 1999

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday October 23,1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 649 1  -  Plans to halve number of foreign construction workers to curb over-reliance on unskilled labour *L AHMAD OSMAN THE Government on Wednesday served notice that it intends to halve the number of foreign construction workers as part of a masterplan to re-invent an industry that has been
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  • Page 1 Advertisements
    • 57 1 Marriages ro»i > r r Happy Together More graduate men are tying the knot with graduates. But the total number of marriages last year dipped and divorces are up. PACE 6 Births Fertility Is Falling Singapore’s resident population is more than 200,000 babies short of replacement level. By the year
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  • PRIME
    • 895 2  -  A group of major airlines is drafting guidelines on dealing with disruptive passengers HO KA WEI and KRIST 800 MAJOR airlines operating out of Singapore are drafting guidelines on handling air rage. These guidelines will be shared with other airlines here. The Inappropriate
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    • 366 2 A MALAYSIAN who started a fire on board a Singapore Airlines plane last year has been banned from flying SIA for life. This is the first time a customer has been banned from flying, said SLA vice-president for public affairs Rick Clements. The
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    • 479 2  -  TOURIST BOAT CAPSIZES IN CHAO PHRAYA RIVER By EDWARD TANG THAILAND CORRESPONDENT BANGKOK Four Singaporean tourists have died after a fatal boat accident here on Monday. The bodies of Mr Tok Eng Wah, 53, and his wife, 47-year-old Madam Goh Peck Neon both of
      THE NATION  -  479 words
    • 513 3  -  §1 SANDRA DAVIE STUDENTS bound for junior college will have one more to choose from next year, bringing the total number of JCs to 15. Pioneer JC in Jurong will take in 800 students in January. It will be housed temporarily at the
      AI.PHONSOCHAM  -  513 words
    • 528 3  -  It wants to hold own exams and award own diplomas, to better equip students for 21st century Si SANDRA DAVIE RAFFLES Girls’ Secondary, the top girls’ school here, is planning to set its own examinations and award its own diplomas instead of putting its
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    • 432 3  -  Bu EDNA KOH FOUR foreign banks, out of a possible six by 2001, have been given the coveted Qualifying Full Bank (QFB) licence that would allow' them to open more branches and have more ATMs. In short, it w'ould help level the playing field
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  • HOME
    • 519 4  -  Two workers died in the March accident. Now, companies which do not adhere to safety rules can be fined up to $200,000 «IL ELENA CHONG A RECORD fine of $150,000 was imposed on a contractor on Wednesday over a worksite accident in which two
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    • 230 4 SINGAPORE'S first light rail system is comfortable, convenient and affordable, said Communications and Information Technolog)- Minister Yeo Cheow Tong, after taking a ride last Saturday. He also inspected the new control centre at the junction of Woodlands and Choa Chu Kang. The Bukit Panjang Light
      LAC KOOK KONG  -  230 words
    • 425 4  -  SIL KARAMJIT KAI R HOMES and shops sitting on land where the new Kallang and Paya Debar expressways will be built may have to go if the Government decides to build the roads at ground level. The new roads will serve
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    • 787 5 Suicide attempts hit an eight-year-high here last year. SHARMILPAL KAUR reports on a study of more than 300 such cases referred to hospital doctors last year, and speaks to a xcoman who has tried to kill herself more than five times. ROUGHLY one in
      MIKE M DIZON and C CHANDRADAS; ST CRARHICS  -  787 words
    • 167 5 THE number of people who succeeded in killing themselves last year came to 371 the third highest figure in a 20-year period. According to the Singapore Immigration and Registration, 1 995 was the year with the highest number taking their own lives resulting in 401
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    • 289 5 SHE first tried to kill herself three years ago, when she discovered she was pregnant. Lily Chen (not her real name) w r as 22 years old then, and in her first year at tyBut she decided to have the baby, marry her boyfriend
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    • 389 6  -  Latest figures suggest economic crisis may have put a damper on wedding plans in 1998 *L LYDIA LIM IT LOOKS like the economic crisis poured cold water on wedding plans last year. There were 23,106 marriages here last year, 10 pier cent
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    • 699 6  -  *L EUNICE LAU PROPORTIONALLY more graduate men are marrying graduate women. And proportionally more Muslim graduate women married non-graduate men, compared to non-Muslim graduate women. From the statistics on marriages released by the Department of Statistics on Friday of graduate men who wed last
      AI.PHONSOCHAN  -  699 words
    • 261 6 THE divorce rate in Singapore continues to climb. The number of divorces hit 5,389 last year a 15-per-cent increase from the previous year, according to tne latest figures on marriages and divorces from the Department of Statistics. Divorces among non-Mus-lim couples have risen substantially, more than
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    • 570 7  -  And this shortfall will swell to 700,000 by 2065 if low fertility rate persists, says demographer *IL CHUAMUIHOONG SINGAPORE’S resident population is more than 200,000 babies short of replacement level. And if the current trend of falling fertility continues, the shortfall will be 700,000
      Source SAW SWEE HOCK. THE POPULATION Of SINGAPORI; FOO HVVEI WES Picture by ALBERT SIM  -  570 words
    • 341 7 CAN Singapore hit the target of a five million-strong population? Retired statistician Saw Swee Hock thinks it will be well-nigh impossible, if the five million refers to the resident population that is, citizens and permanent residents. He explains: The resident population
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    • 264 7  -  BtL LIM SENG JIN HACKING into computers is a serious crime that must be nipped in the bud if Singapore’s efforts to become a global ecommerce hub are not to be compromised, said Chief Justice Yong Pung How on Tuesday. So even young
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    • 509 8  -  Temasek Junior College gives its longest-serving principal Robert Tan, who is retiring in December, an elaborate send-off *!L GRACE M A FOR the first time in his 10 years as Temasek Junior College's principal, Mr Robert Tan, 60, took orders from his teachers and students instead.
      CHEW SENG KIM  -  509 words




  • Page 8 Miscellaneous
    • 1062 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
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  • SPORTS
    • 1002 9  -  He is the quiet, relaxed athlete who soared to fame with world-class performances TIMESPORT’S MILLENNIUM SERIES ON SINGAPORE SPORTING GREATS lIAkJKAT RAJ HE WAS from an era when the high jump was undergoing a revolution. Dick Fosbury' of the United States was turning the event
      TIE.S CHI SC PINC  -  1,002 words

  • MALAYSIA
    • 116 10 PRIME Minister Mahathir has called for an easing of the central hank’s merger plan more than once. Oct 3 'lf we had said one, they’d say: Why one? If we’d said eight...why eight? Well, that’s an almost arbitrary figure that we’ve chosen six hanks.’
      CEORCE GASCON  -  116 words
    • 488 10  -  Central bank now lets 55 financial firms pick their own partners by end-January By DOUGLAS WONG IN KUALA LUMPUR MALAYSIA’S central bank on Wednesday revoked its ambitious bank merger programme following “strong objections” and announced a new deadline of end-January for the country’s
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    • 447 10 Lay off May 13 race riots police chief warns New Straits Times KUAIA TRENGGANU Police have told opposition parties and politicians to steer clear of the May 13 ra-cial-riots issue, warning them that any discussion of such a sensitive subject could affect racial harmony in the country. Issuing the warning,
      New Straits Times  -  447 words
    • 252 10 Bern am a, The Star/Asia News Network KUALA LUMPUR The Cabinet has agreed that only Muslims will have their religion stated on their identity cards, said Deputy Prime Minister Datuk Seri Abdullah Ahmad Badawi. “After discussing the matter, the Cabinet agreed that religion will
      Bern am a,; The Star/Asia News Network  -  252 words

  • SOUTH-EAST ASIA
    • Article, Illustration
      1169 11 Indonesia’s new president Abdurrahman Wahid (above) popularly known as Gus Dur, is a moderate Muslim intellectual whose government will work towards unitingall groups in the ethnically, culturally mid religiously diverse country. Straits Times correspondent DERWIN PEREIRA in Jakarta analyses this latest development. Reuters NEWLY-ELECTED President Abdurrahman Wahid
      Reuters  -  1,169 words

  • COMMENTARY
    • 613 12 MONDAY OCT 18,1999 THE deed is done. The nuclear test ban treaty is dead. The Republicans in the United States Senate killed it. President Bill Clinton has suffered one of his biggest foreign policy defeats. The Senate’s refusal to ratify the global pact has not only
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    • 637 12 WEDNESDAY OCT 20,1999 BIG ideas or small ideas, let them flow. Turn Singapore into a nation of ideas. So said Prime Minister Goh Chok Tong at the last sitting of Parliament. We say yes to that. Singaporeans should respond to his call. But if a hundred flowers
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    • 710 12  -  SECOND LAST WORD Bv SIACIIFONGYFW IN HIS Thinking Aloud column earlier this month, my colleague Sonny Yap argued the case for the setting up of a people’s bank. He made the suggestion as he felt that the retail customer could end up feeling
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    • 1140 13  -  MY VIEW By GEOFFREY PEREIRA SHOULD young hackers be jailed? The question has been a topic of discussion since Chief Justice Yong Pung How sent a 17-year old youth to jail for the offence two Thursdays ago. In June, a district court
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    • 1021 13  -  VIEWPOINT By RICHARD LIM More and more in the knowledge era, whether you work in a company or in government... you are going to have to answer a basic question: What's your story? Michael J. Mazarr Global Trends 2005 TELL a story.
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  • INSIGHT
    • 1942 14 The arrival of a world-renowned university hospital here has set the pulse of local doctors racing. Is the Johns Hopkins controversy a storm in a teacup? Or is there more to it than meets the eye? SALMA KHAUK gets to the
      NOEL HOSAI.ES  -  1,942 words
    • 1090 15  -  THINKING ALOUD Bv <lll 111 lIOONG A NEW front has opened up in the Singapore political landscape with the introduction of Singapore 21, a grand vision of future Singapore society produced from a year-long consultation with 6,000 Singaporeans. It has been dismissed as
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    • 1210 15  -  Mr Cynic and Mr Government, fictitious characters drawn from a montage of real persons, had a spirited exchange in this newspaper last Saturday over the President’s Address which makes people the centre-piece of the Government’s agenda for the new millennium. Now that
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  • MONEY
    • 361 16 THE week started ominously with several significant events hanging over the market like the sword of Damocles scaring investors into hiding. On the global stage, key US inflation data threatened to force interest rates higher worldwide. In the region, the Indonesian presidential elections seemed
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    • 75 16 Straits fines Index Tha Straits Timas Into* dropped 43.9points on tha «aak ta 2,017.38. DAY CLOSE TURNOVER Monday 1.993.45 (-67.80) 157.8 ($402.30m) Tuesday 1,983.21 (-10.24) 176.8 ($434.76m) Wednesday 2.025.48 (*42.27) 179.1 ($402.60m) Thursday 2,017.50 7.98) 132.8 ($322.35m> Friday 2,017.38 0.12) 136.1 ($329.28m) BT-SRI Index Tha BT-SRI Indai
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    • 1832 16 Company Oatt ann Net earn TV LY <$m> <$m) EPS TY LY (cts) (cts) ABR HUJQS Sep 30 0.491 0.675 0.26 0.58 Armstrong Sep 23 1 0.835 0.938L 0.42 0.5L ASA Sep 16 1 4.937 3.752 322 288 ASJ Sep 13 1 3.407 2.821 3.79 3.13 Acmo Sep
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    • 180 16 BONUS ISSUE E«Books Acc Company Ratio date dose Peymt Horsing one-for-two Novi Nov 9 San Toh Natsteel ono-tor-tive Nov 4 Nov 11 Broadway one-lor-two Nov 16 Nov 23 Burwill ono-for-ten Oct 7 MMI one-forone Oct 19 Oct 26 Rotary one-for-one Oct 20 Oct 27 RIGHTS ISSUE ElBooks Acc
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    • 67 16 Company Ooicrlptlon Kijn Ann Propotod Bonus issuo of a minimum of 143,062,364 now ordinary sharps of $0.20 aach on the Oasis of one for one. MMi Hidqs Proposed Bonus Issue of 243,760,000 new Ord shares of S$0.10 each credited as fully paid to be allotted to members of
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    • 158 16 Date Time Seksun E 513 Ylthun Industrial Park A (*****6) Nov 11 10.00am NOL E 456 Alexandra Rd »04-00 NOL Bldg S’port *****2) Nov 10 10.30am Pert ami E The Boardroom 315 Outram Rd »01-01/02 Tan Boon Uat Bldg S'pore *****4) Nov 9 9.00am Asia Medic E The
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    • 702 16 Payment lets) Ex date Books close Pay date Acma 50c 1 1.25 Oct 27 Nov 3 Nov 17 Alex Hldqs. 50c t> 1.5 Sep 15 Sep 22 Oct 6 Amtek Higgs 20c F 0.8TE Nov 24 Dec i Dec 10 Auric Pacific 50c 1 2 Oct 6 Oct
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    • 1372 17 UNIT TRUSTS FUNDS Oct 23,1999 Managers' prices (S$) UNIT TRUSTS UbIiii tud Mpt Alla Ltd Aberdeen Select Portfolio: Global Technology Fd!" 1.000 UK Blue Chip Fd!" 1.000 American Opport Fd 0.958 1.007 Continental Euro Eqty Fd 1.029 1.081 Japan EqtyFd!" 1.453 1.526 Asian Fued Income Fd 0.948 0.977 Pacific Equity
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    • 435 17  -  First Technopreneur Centre opens in Ayer Rajah, with units for rent to start-ups at rates that are steeply discounted a*. COLIN TAN HIGH-TECH start-up companies are getting a big helping hand from the Jurong Town Corporation (JTC), which on Monday launched its first hatch
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    • 458 17  -  Bu DENNIS CHAN SINGAPORE Airlines (SIA) may soon spin off two of its most profitable subsidiaries if a study it commissioned recently recommends it. In a statement on Monday, the airline said that it is considering the merits of listing Singapore Airport Terminal Services (Sats)
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    • 3950 18 Transaction date: Oct 22,1999 MULTI INDUSTRY 52-Wk Curr L*st val Day Gr-I Net M Cap Wt Avg High Low Company Traded Sat* ♦or* ■ooo High Low Dlv% P/E Smll Price 182 17.5 m 6 Acm* 50c no cd unch 38 110 108 10 9 182 107 25
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    • 930 19 52-Wk Curr Last Vol Day Cr*i Net M Cap Wt Avg High Low Company Traded Sal* ♦Of000 High LO* Dlv p/e $mll Price MANUFACTURING 218 77.5 c AS Auto 10c 125 •2 639 130 123 10 N 142.7 131 137 50 c ASJ Hldgs 20c 98 -5 63 98
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    • 1366 19 BONDS, LOANS WARRANTS Transaction date: Oct 22,1999 32 -m High Low Company Last Sal* ♦OfVol 000 Day High Low Last Ouata Buytr Sallar Wt Avq Prlc* 104 8 t *AcorW*****1 USS ..37.5 ♦0.5 27 37.5 36.5 36.5 37.5 80 14 f Acm* W*****4 30 unch 15 30 29.5 29.5 30
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    • 113 19 I g e s *2« d r mi Sgs;SSS88 fl_?9NOhrii n n N 9 §1 o 5 o d w mi o c vt as oon 5 8 5 88 S n 2 p 1 o o 1 !?S o 1 i° I| SgS! IV ;SSSS8 k a si
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    • 783 20  -  Telecom regulator points out that sensitive information sometimes J;as to be kept under wraps Ru TAMMYTAN THE Telecommunication Authority of Singapore (TAS) on Wednesday said that it was all for transparency, but it was sometimes constrained by the need to withhold commercially sensitive
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    • 433 20 THE Telecommunication Authority of Singapore (TAS) has taken issue with remarks made by Singapore Telecom (SingTel) chief Lee Hsien Yang about the need for it to exercise more transparency when making policy decisions. Speaking in Geneva on the sidelines of the Telecom99 show
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    • 420 20  -  rtl ALVIN CHEW COLD Storage Singapore on Monday announced that it will acquire seven of the 14 Tops outlets in Singapore from Royal Ahold-Kerry. These include the two flagship outlets at Tanglin Market Place and Great World City. The remaining seven Tops outlets
      AZIZHUSSIN  -  420 words





  • Page 21 Advertisements
    • 894 21 The Straits Times Weekly Edition APPOINTMENTS MANAGER (INVESTMENT SALES) Colliers Jardine is the leading property services company with 34 offices throughout the Asia-Pacific region. As a consequence of growth in our highly regarded Investment Sales Division, we are seeking two qualified and experienced professionals to join this Division as Managers,
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  • Page 22 Advertisements
    • 771 22 The Straits Times wants 'j Be a part of the newsroom team We are looking for Paginators to strengthen our editing teams. the job Use advanced pagination system to input page layouts. You will be working closely with our page designers. what you get Exposure to one of the regions
      771 words

  • FORUM
    • 546 23 I refer to the report “Why are doctors up in arms over Johns Hopkins?" (Page 14). The possibility of our private practitioners perceiving Johns Hopkins as a threat to their financial well-being w'as raised. It would also be a likely impression gained
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    • 725 23 1 REFER to Dr One Siew Chey’s letter “Profits OK, but playing field must be level" (above). There are two points I wish to highlight. First, while we welcome foreign experts as a vital addition to our nation’s pool of talent, we must
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    • 318 23 IN THE article “TAS ‘should explain policies’ (ST, Oct 15), SingTel’s president and CEO, BG (NS) Lee Hsien Yang, commented that TAS should exercise more transparency when making policy decisions if it wants to be viewed as a mature regulator. He also said, “very
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  • 408 24  -  By KARAMJIT KALR THE hip new library on Orchard Road is a big hit: just 10 minutes after the doors opened, 400 visitors had already streamed in. And by 6 pm yesterday evening, close to 10,000 people had visited it and more than 7,000
    I.AU KOOK KONG  -  408 words
  • 634 24  -  SMRT will seek a listing of its own shares on the stock exchange next year instead of merging witn listed Tibs By LEONG CHAN TEIK THE wedding’s off. Five months after they started courting seriously, Singapore MRT and Trans-Island Bus Services (Tibs)
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