The Straits Times : Weekly Overseas Edition, 30 October 1999

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1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday October 30,1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 615 1  -  Education Ministry’s measures include revising the language syllabus in schools and training teachers to teach grammar M. NIRMALA THE Education Ministry has drawn up an action plan to pre- vent an erosion of English language standards as a result of more youngsters using Singlish.
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  • 96 1 HANDICAP-FRIENDLY Members of the Handicaps Welfare Association last Saturday tried out and gave the thumbs up to the disabled-friendly features of the Buldt Panjang Light Rapid Transit which begins running on Nov 6. Wheeling into the train is safe as the gap is closer between the train and platform.
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  • PRIME
    • 497 2  -  SM Lee suggests linking the two exchanges to trade in high-growth boards and create greater liquidity By CHUA LEE HOONG IN HONGKONG SENIOR Minister Lee Kuan Yew on Monday night suggested that the Hongkong and Singapore stock exchanges link up to trade in high-growth
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    • 214 2 Bridge News THE Stock Exchange of Hong Kong (SEHK) and the Stock Exchange of Singapore (SES) on Tuesday expressed readiness to explore Senior Minister Lee Kuan Yew’s idea of a linkup to trade in high-growth boards. The SEHK also said that it was
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    • 98 2 HEADLESS BEFORE THE BIC SHOW A touch of Halloween came early to the World Trade Centre this week. About 100 headless figures were lifted out of wooden crates and laid out in rows, separated from their heads with their unseeing eyes and fixed smiles. The
      CEORCF. GASCON  -  98 words
    • 505 2  - TAS may issue six ‘new wave phone licences VIDEO MOBILE PHONE SOON? BjL TAMMY TAN THE era of the video mobile phone is almost at hand. The industry regulator said last Friday that it may give out as many as six new licences to companies keen on offering the “next
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    • 508 3  -  It is the ‘cleanest’ in Asia, but when it comes to the issue of bribery outside the country, it does not score well *L LESLIE KOH SINGAPORE has been ranked the seventh least corrupt country in the world and the “cleanest” in
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    • 286 3  -  DOUGLAS WONG IN KUALA LUMPUR THE defence pact between Malaysia, Singapore, Britain, Australia and New Zealand may be expanded to include army field force exercises involving ground forces, defence chiefs of the five nations said on Tuesday. The Five Power Defence Arrangements (FPDA) countries
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    • 76 3 JOSE ENRIQI'E SORIANO NIGHT OF BEAUTIES l Beauty queens surrounded President S.R. Nathan and his family at a glittering dinner party on Wednesday night to celebrate the Singapore Indian Fine Arts Society ’s 50th anniversary. With the President are (from left) Miss Asia-Pacific 1995 Ruchi Malhotra, Miss
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    • 451 3  -  Hu CHONG CHEE KIN THREE men armed with guns robbed a Singapore family of their white BMW car in Johor Baru, near the checkpoint, firing a shot in the air before driving off with it. The family was not hurt. It happened
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  • HOME
    • 841 4  -  But students who take the easier Chinese Language B syllabus will not be able to offer it for admission into JC or university SANDRA DAVIE STUDENTS who excel in their mother tongue can use grades in the subject to earn up to two bonus
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    • 767 4  -  By IRENE NC in NEW YORK WHETHER Singapore is home should not be reduced to a calculation of whether the car or house is cheaper elsewhere, said Deputy Prime Minister Lee Hsien Loong on Monday. The decision must be based on where
      REITERS  -  767 words
    • 209 4  -  *L DOMINIC NATHAN PARKS will have to be more than just passive green areas they will need to serve recreational needs better. To do this and to maximise land use, public parks may have community clubs, and sports and educational facilities built within them.
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    • 594 6 He says 3 media trends relating to crime and the police must not go unchecked as they may erode confidence in Home Team MINISTER for Home Affairs Wong Kan Seng last Friday singled out The Straits Times for criticism when he highlighted three
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    • 484 6  -  §1 EDMUNDTEE IN A year or two, history students might just get to join Sir Stamford Raffles as he makes his way towards the Singapore River. By donning virtual reality glasses, they will not only be able to see Singapore
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    • 229 6  -  Bij 1 CHUA MUIHOONG SOME medical services now being delivered in hospitals will be taken over by polyclinics or even private clinics nearer to patients’ homes, Health Minister Lim Hng Kiang said on Sunday. The ministry would bring medical services closer to the
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    • 320 6 MR JAMF2S Lim is one smart chap. Like Microsoft’s Bill Gates, the chief executive officer of Realistix Ixibs, does not have a university degree and had to teach himself computer programming. And like Bill Gates, he went on to start a software company one now
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    • 633 7  -  One-third are physically or mentally disabled, and others have parents with no time, money or the desire to raise them EVELYN YAP and SHARMILPAL KAUR MORE than 70 children are being cared for in seven welfare homes here because they have been abandoned by their parents.
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    • 272 7 FOR more than half his life, 11-year-old Zheng Wei (not his real name) has not seen his parents. He has spent the last six years in two welfare homes. He was placed in the convalescent home of the Singapore Children’s Society
      ALANLIM  -  272 words
    • 410 7 NORA (not her real name) topped her Secondary 2 Normal (Technical) level at school last year, but her family does not know this. The 15-year-old resident of the Pertapis Children’s Home has not seen her mother for two years. She has never met her father and
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    • 432 8  -  She goes into a coma and dies after five days; her 28-year-old date escapes with minor injuries sa. TAN KAH TIAN SCHOOLGIRL Olivia Ong Shen Shen died in hospital on Thursday, five days after falling into a coma following a car accident. The
      LIANHE WANBAO  -  432 words

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  • Page 8 Miscellaneous
    • 1063 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 Word
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  • SPORTS
    • TIMESPORT'S MILLENNIUM SERIES ON SINGAPORE SPORTING GREATS
      • 962 9  -  The only bowling world champion that Singapore has produced, she has become a sports therapist ĔH. THOMAS KOH OTHERS have come close but till today, she remains the only bowling world champion that Singapore has produced. Adeiene Wee achieved sporting immortality at the age
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      • 763 9  -  Btl PETER MARTENS INSIDE-RIGHT Melanie Ann Martens was their star...if an Asian 11 were to be selected, she would easily find a place in the team. I can never forget those words by Leyland de Sousa commenting on the 1982 Asian Games in New Delhi.
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  • MALAYSIA
    • 438 10  -  Mahathir tells coalition parties not to wait for candidates to be named, but keeps mum on date DOUGLAS WONG IN KUALA LUMPUR MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad on Monday ordered his ruling National Front coalition to make preparations for an imminent
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    • 49 10 A KISS FROM DADDY: Prime Minister Datuk Seri Dr Mahathir Mohamad gives a lass to his daughter Marina Mahathir, who is the president of the Malaysian Aids Foundation, as he arrives to open the Fifth International Congress on Aids in Kuala Lumpur last Saturday. REUTERS
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    • 432 10 The Star/Asia News Network PENANG Universiti Sains Malaysia (USM) will look into a “security escort” service for female undergraduates moving around the campus at night, following unreported cases of rapes and molests at the university. Deputy Vice-Chancellor (Student Affairs) Prof Mohamed Salleh Yaapar said USM would
      The Star/Asia News Network  -  432 words
  • Page 10 Advertisements
    • 110 10 Help your friends keep in touch with Singapore and South East Asia. Just introduce 5 friends to us! You and your friends will get a bonus month subscription of The Straits Times Weekly Editit ition each. Your Particulars Name: Address: Occupation E-mail: Tel: Your Friends* Particulars Nam#: Address: Occupation: E-mail:
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  • SOUTH-EAST ASIA
    • 685 11  -  Despite vows to keep it trim, the line-up of 35 represents every major political thought, ethnic group, religion and area By SUSAN SIM INDONESIA CORRESPONDENT JAKARTA President Abdurrahman Wahid on Tuesday gave meaning to his promise to effect a spirit of national reconciliation by
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    • 379 11 The Nation/Asia News Network BANGKOK Thai Prime Minister Chuan Leekpai has suspended the chief of security at his official residence on suspicion of using the residence, Baan Phitsanulok, as a centre for distributing pirated video compact discs. The suspension of Colonel Khanchat Yaemphan followed the sacking
      The Nation/Asia News Network  -  379 words
    • 52 11 OFF-DUTY DANCE An Indonesian policeman does an impersonation of Michael Jackson with fellow officers during a ceremony marking the troops’ withdrawal from Jakarta on Monday. Some 12,000 Indonesian police and soldiers were withdrawn from the streets following the end of the general session of the national assembly last
      UP  -  52 words
    • 281 11  -  By LUZ BAGUIORO PHILIPPINES CORRESPONDENT PRESIDENT Joseph Estrada, saying he was not alarmed by recent surveys showing a deep plunge in his approval rating, said on Wednesday that he was willing to wager his popularity to push for radical economic reforms. “We are
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  • COMMENTARY
    • 549 12 WEDNESDAY wmmmmmmmmmmmmmmsmmm OCTOBER 27,1999 THE Jakarta stock index on Tuesday shot up momentarily on news of President Abdurrahman Wahid's Cabinet. Then it slid back. For what it is worth, the up-down reaction betrays a certain nervousness, even though Indonesia is on the move once more. The country’s
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    • 573 12 THURSDAY OCTOBER 28, 1999 HONGKONG'S Financial Secretary, Mr Donald Tsang, suggested last week that Hongkong and Singapore should consider moving towards a common currency within five to seven years. This common currency, he said, could later be widened to the rest of Asia. As attractive as they
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    • 660 12  -  SECOND LAST WORD §IL YEONG AH SENG DOT.com talk is so pervasive these days that one could possibly be led to believe that the real world counts for very little. But when an earthquake rocked Taiwan last month, it was a wake-up call. The
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    • 1167 13  -  MY VIEW TAN 001 BOON THE buzzword these days seems to be “world class”. It has a powerful draw and many organisations here are attracted by it as they want to be able to use it to describe themselves. Some have already
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    • 915 13  -  CHING CHEONG KAST ASIA CORRESPONDENT THE Sept 21 earthquake in Taiwan has jolted the already fragile ties between the nationalist island and China, with each side accusing the other of engaging in “quake politics”. Most observers felt saddened that the two sides had
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  • INSIGHT
    • 2687 14 Sixteen years ago, then Prime Minister Lee Knan Yew sparked off The Great Marriage Debate when he highlighted the problem of single graduate women in his National Day Rally speech. Today, Singapore’s singlehood rate remains one of the highest in the world. As SUSAN m finds
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    • 1079 15  -  THINKING ALOUD CHI A MCI lIOONC SENIOR Minister Lee Kuan Yew likened it to pushing a big boulder up the hill. Of course he did not mean to suggest that the effort to turn Singapore 21 into some semblance of reality might turn out
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  • MONEY
    • 353 16 SHARES started the week weakly but gained tremendous strength from Thursday after a rebound on Wall Street. Anxiety over a possible rise in US interest rate vanished when employment data showed that inflation was tame. The Straits Times Index gained 29-78 points on the
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    • 86 16 Straits Times Index Th« Straits Timas Index rose 29.78 paints on tha weak ta 2,047.1. DAY CLOSE TURNOVER Monday 2,022.3 <♦ 4.98) 153.2 m ($291.7 m) Tuesday 2.013.5 8.8) 165.9 m ($288.7 m) Wednesday 1,988.9 24.6) 172.2 m ($322.1 m) Thursday 2,003.2 14.3) 181.2 m ($337.1 m)
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    • 1834 16 Company Data ann Net earn TY LY <Sm) (Sm) EPS TY LY (cts) <ct*> ABR Hldqs Sep 30 1 0.491 0.675 0.26 0.58 Armstrong Sep 23 1 0.835 0.938L 0.42 0.5L ASA Sap 16 1 4937 3.752 322 288 ASJ Sep 13 1 3.407 2821 379 3.13 Acma
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    • 178 16 BONUS issue e«Books ACC i Company Ratio date dose Paymt Horsinq ont-for-two Novi Nov 9 San T*h one-for-five Nov 4 14 ©v 11 Seksun one-for-four Nov 15 Nov 22 NatBroad one-for-two Nov 16 Nov 23 Kian Ann one-for-one Nov 23 Nov 30 Dec 9 RIGHTS ISSUC exBooks Acc
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    • 51 16 Company Description Sacond Chanc» Proposed Bomus issue of 62,000,000 new Ordinary shares of sso.to each on the basis of t for 2 existing shares held. Strike Enqq Proposed Bonus Issue on the basis of 1 new for 2 existing ordinary shares of $0.05 on a date to be
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    • 172 16 Company Plata Data Tima Lum Chang 38 Kim Tian Rd #03-00 Kim Tian Plaza S'pore (*****2) Nov 26 10.00am Sin Soon Huat E 19 Jurong Port Rd S'pora (*****3) Nov 19 11.00am Chuan Hup E 322 Jalan Ahmad Ibrahim (*****1) Nov 19 2.45pm Keppai Marina Ind E Confaranca
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    • 709 16 Payment (cts) Ex data Books close Pay date Acma 50c 1.25 Oct 27 Nov 3 Nov 17 Alex Hldqs 50c b 1.5 Sep 15 Sep 22 Oct 6 Amtek Hldqs 20c F 0.8TE Nov 24 Dec) Dec 10 Auric Pacific 50c 1 2 Oct 6 Oct 13 Oct
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    • 1469 17 UNIT TRUSTS FUNDS Oct 30,1999 Managers'prices (S$) UNIT TRUSTS tkftm tml Myt >u lm Aberdeen Select Portfolio: Global Technology Fd!’* 1.000 UK Blue Chip Fd!” 1.000 American Opport Fd 0.976 1.026 Continental Euro EqtyFd 1.023 1.075 Japan EqtyFd!” 1.491 1.566 Asian Fixed Income Fd 0.951 0.980 Pacific Equity Fd!** 1.133
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    • 394 17  -  DPM Lee Hsien Loong and NYSE chairman Richard Grasso look into cross-listing of companies By IRENE NC IN NEW YORK THE courtship between the New York Stock Exchange (NYSE), the world’s largest stock exchange, and the Stock Exchange of Singapore (SES) has begun.
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    • 434 17  -  FIVE-MAN COMMITTEE INCLUDES TWO NON-SINGAPOREANS BiL RAVIVELLOOR DBS BANK is first off the mark in setting up an MAS-mandat-ed nominating committee to vet potential board members and key executives, taking in two non-Singaporeans to signal its independence from key shareholders. The five-man committee, it is
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    • 287 17  -  BIL TAMMY TAN SINGAPORE Technologies Telemedia (ST Telemedia) is planning a dual listing in Singapore and the United States within the next 12 to 18 months. Such a move is expected to rake in at least $1 billion, sources said. Preparations for the initial
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    • 3867 18 Transaction date: Oct 29,1999 MULTI INDUSTRY 52-Wk Curr Last High Low Company Traded Sala ♦Of Vol 000 Day High Low Gr‘* Div Net M Cap P/E Smil Wt Avq Prtct 182 17.5 m b Acma 50c 104 id ♦2 345 105 101 10 8.5 172 105 84
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    • 1094 19 52-WK High Low Curr Last Company Traded Salt ♦orVol 000 Day High Low Or'* Oiv Not P/E M Cap $mll Wt Avq Prlct MANUFACTURING 218 80.5 c AS Auto 10c 122 ♦3 1562 125 119 10 N 139.3 121 137 50.5 C ASJ Hldgs 20c 101 ♦2 55 101
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    • 1386 19 BONDS, LOANS WARRANTS Transaction date: Oct 29,1999 52-Wfc High Low Compony Lott Solo ♦Of Vol Ooy ‘000 High Lost Ouoto Wt Avg Low Buyor Sotlor Prico 104 10.5 s A Actr W*****1 US$ «...41 unch 144 41.5 40.5 40.5 41.5 80 14 s Acma W*****4 29.5 ♦1.5 153 30 285
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    • 140 19 (9<m, Oct 29) Buying 00 Stlllng Smgpport donor» to on* un»t of forttgn currtncy Au*tr«li«n do»l#r ***** 1.0830 ConodiondoMor 1.1210 1.1440 NZ donor 0 8450 0.8630 Storling pound ***** 2.7490 US donor 1.6630 1.6740 Smgoporo dollors to 100 unit» of foroign curroncy Au»tri«n»chilling 12 63 12.90 Boigionfronc 4.310 4.400
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    • 596 20  -  Sim Kee Boon will hand over the reins to Keppel Land chairman Lim Chee Onn at the end of ’99 §1 DENNIS CHAN MR SIM Kee Boon, long-time colossus at Keppel Corporation who steered the shipyard into becoming one of Singapore’s biggest conglomerates, is stepping
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    • 639 20  -  Bu DENNIS CHAN DBS LAND climbs another notch as a formidable developer in Australia with the acquisition of Walker Corporation, a residential and industrial property developer. Its Australian-listed subsidiary Australand Holdings on Monday announced that it will pay about As‘24s million (*****.5 million) in cash
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    • 343 20  -  Bu LOH CHEN-YI MANAGERS of capital guaranteed and futures and options funds will have to abide by new Monetary Authority of Singapore (MAS) guidelines before they can market their unit trusts to retail investors. The guidelines, issued on Tuesday with immediate effect,
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  • Page 21 Advertisements
    • 964 21 The Straits Times Weekly Edition APPOINTMENTS FORT CANNING COUNTRY CLUB is a prestigious private club in Singapore set within the lush and peaceful confines of Fort Canning Park. We invite applicants for the following position Sports Fitness Manager The successful candidate will manage and guide the staff of the Sports
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  • Page 22 Advertisements
    • 1047 22 Creating Value for You Worldwide Singapore Technologies Aerospace is renowned for its quality, cost-effective maintenance, repair and overhaul services for a wide range of military and commercial aircrafts. We are now looking for committed individuals to join us as: Senior/Right Test Engineer Job: Manage, plan and conduct ground and flight
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  • FORUM
    • 804 23 I REFER to the article “Why are doctors up in arms over Johns Hopkins?” by Salma Khalik (ST Weekly, Oct 23) and the recent letters to the Forum Page on this issue. The Ministry of Health would like to clarify the issues that have been
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    • 465 23 I REFER to “A commitment to Singapore" by Mr James Smith (ST, Oct 25) and the other letters on multiple citizenship arising from my letter, “Non-Asians need support to be citizens” (ST, Oct 15). I was formerly a Briton and have been
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    • 430 23 I HAVE come across more than one Singaporean with views on life here, as jaundiced and disenchanted as that expressed by Mr Jeffrey Ho in his letter “Make changes or more will go” (ST, Oct 28). Having returned
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  • 869 24  -  The new railway line will allow commuters to bypass city stations and cut travelling time KARAMJIT KAt'R SINGAPORE'S next major rail project would probably be a line connecting Paya Lebar, Serangcxm, Bishan and Buona Vista, and it would likely start after 2005. The
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  • 298 24 THE Government is all for multi-modal operators, which can run both trains and buses. But it will not put any pressure on operators here to merge, said Mr Han Eng Juan, the Land Transport Authority’s chief executive. When asked to comment on the
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