The Straits Times : Weekly Overseas Edition, 5 February 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times Weekly Edition Saturday February 5,2000 J J Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 86 1 GETTING A HONGBAO HEAD START: shuqun Secondary department heads (from left) Tay Yong Lai, 33, Dennis Tham, 40, Ng Koh Lim, 51, and Paul Chua, 31, ham it up with “hongbao hats” bearing the message, “Progress in the New Year”. As part of the school’s
    CHUA CHIN HON  -  86 words
  • 561 1  -  As charges against former cabin crew supervisor pile up, airline halts payments of meal allowances temporarily to check its system ELENA CHONG IN WHAT could turn out to be the biggest case of criminal breach of trust brought before the courts here, a
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  • 252 1 A SPECIAL Millennium Hongbao draw will be held next Thursday, and it is likely to deliver the largest-ever payout for a Toto draw. Lottery operator Singapore Pools has announced a top prize of $lO million for the draw, to be won by ticket
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  • PRIME NEWS
    • 541 2  -  With its online bidding system, CarAuc hopes to make selling used cars to dealers hassle-free for vehicle owners *!L LEONG CHAN TEIK THE days of painstakingly hawking your vehicle around used-car dealers to get the best price may be numbered. Come March
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    • 132 2 GIVING the Police Coast Guard extra speed and muscle, a newly-launched high-speed patrol boat (right) cut through Singapore’s coastal waters at up to 40 knots last Saturday. Twenty such boats have been added to the coast guard’s fleet to help in the battle
      JEROME MING  -  132 words
    • 562 2  -  SANDRA DAVIE CHANGES will be made to the teaching of Malay in schools, to help foster a Malay elite. New schemes and programmes to be set up will encourage more students to take up Higher Malay. From next year, Bukit Panjang Government High
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    • 376 3  -  By < CHUA CHIN HON BEFORE braving blizzards in the icy continent, Singapore’s Antarctica 2000 team had to battle a mini-storm over the use of its funds. The team of eight returned last month after reaching the South Pole and the peak of Mount
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    • 397 3 If Singaporeans want to succeed in the global economy, they have to be more entrepreneurial SINGAPOREANS have to be more entrepreneurial and less averse to taking risks if they want to succeed in the global economy, said Prime Minister
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    • 505 3  -  By CHIA MUIHOONG IN DAVOS THE ruling People’s Action Party is studying ways to respond to the needs of a more global electorate, Trade and Industry Minister George Yeo said. Groups have been formed within the Young PAP wing to look
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  • HOME
    • 318 4  -  Traffic shoots up after website’s relaunch, with users signing up for new services such as free e-mail SIL LEONG CHAN TEIK SINGAPORE Press Holdings’ revamped Internet portal, Asia One, is attracting heavier traffic. Its page-views the number of times the website’s pages were accessed by
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    • 343 4  -  YOUNG ADULTS HIT By SALMA KHALIK THE number of hepatitis B cases here has more than doubled over a four-year period, from 91 in 1994 to 205 in 1998. More sexual contact among people in their 20s and 30s could be one reason, said
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    • 193 4 THE problem of unruly Hello Kitty queues seemed to have been solved by McDonald's voucher system when the fast-food chain launched its latest offering on Thursday. Tokens for its Hello Kitty and Dear Daniel Chinese Wedding pair were sold with Extra Value Meals at all
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    • 550 4  -  IULYN KANG and LAUREL TEO A WHEELCHAIR-bound 89-year-old man saw r his daughter die on Wednesday, just after she had helped him to apply for financial support. Madam Chua Bian Neo, 56, was fatally stabbed in the back, allegedly by her younger brother, as she
      THE NEW PAPER  -  550 words
    • 970 5 For nearly 15 years, her mother led a double life. When the daughter found out the truth, she gained new respect for her mother. ALETHEA LIM talks to a daughter who discovered her mother s selfless love. FOR 16 years, she never knew
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    • 257 5 MADAM Go Trimulyati, who claimed her signature was forged on the sale agreement for her $920,000 Spanish Village apartment and who sued the law firm that handled the deal, lost her case in the High Court on Wednesday. Madam Go claimed that law firm Chong
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    • 652 5  -  hL ALETHEA LIM SHE was his first love and she will be his last. So besotted was Chan Choon Wai with 18-vear-old Koh Mew Chin that he would page her with messages expressing his undying love. But when she dumped him for a
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    • 903 6  -  The job market has picked up and job-seekers are playing hard to get. They have the upper hand as firms are expanding ana hiring once again in LESLIE KOH A YEAR ago, Ngee Ann Polytechnic classmates Chung Chee Keat, 20, and Anthony Ng, 22,
      LESLIE KOH  -  903 words
    • 334 6 SALES manager Stephen Tor, 38, is at his wit’s end. He has received fewer than 10 applications for the position of sales engineer that he has advertised. The polytechnic graduates who stroll in for interviews want more than he is offering. They also want to
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    • 497 7  -  Advances of up to $150,000 are offered with no questions asked; the catch killing interest rates By CHANG AI-LIEN LOANSHARKS are reported to be offering cash advances of up to $150,000 with no questions asked to home-owners who need money fast. The catch staggering interest
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    • 268 7 A GROUP of 20 gamblers thought they could fool the police by locking the front door and switching off the lights outside a two-storey shophouse in Bukit Merah. But they forgot about the back door, which was left open and allowed policemen to walk right
      TAN SUAN ANN  -  268 words
    • 405 7  -  By. KAREN WONG TWO Secondary 3 boys tricked a classmate they did not like into downloading into his computer a program that enabled them to hack into it and “remote-control” it from their own. Then they got hold of his Internet-account password and used it
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    • 239 7 SHE was desperate for money, and ended up paying $63,000 for a quick $lB,OOO loan. The 36-year-old woman, a customer coordinator, who has a 10-year-old son, said her family was facing bankruptcy in 1997. o Her husband had been struck down
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    • 348 8  -  The retiree fell off his scooter on Bukit Timah Expressway and was hit by a car and dragged for 20 m in LAUREL TEO AN ACTIVE grassroots leader in Marsiling died in a road accident on the Bukit Timah Expressway (BKE) on Sunday after
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    • 295 8 THE National Theatre, once a local landmark, is no more. But on Sunday, its site at Fort Canning Park, River Valley Road, took its place among Singapore’s 45 historic sites. Dubbed the People’s Theatre because of contributions made by Singaporeans from all walks of
      JOYCE FANG  -  295 words




  • Page 8 Miscellaneous
    • 1065 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
    • SOCCER
      • 473 9  -  Lions versus Tigers the prelude to more quality matches if the turnout of fans is good for the Sing Tel Challenge Cup KELVIN PHANG IT MAY only be a friendly tie but the Singapore-Malaysia match next Monday is being labelled an “acid test”. Not
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      • 279 9 FANS may enjoy the special rivalry that a Singapore-Malaysia meeting brings but for skipper Nazri Nasir, next Monday’s match takes on a more special meaning the captain is the only active Lion in the current squad to have played against
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    • 523 9  - Gynaecologist’s latest bab y wushu By CHAN TSE CHUEEN GYNAECOLOGIST Yeo Ker Chiang has a ready answer for those who asked why he is now chairman of the Singapore National Wushu Federation. “Varied interests,” says the affable 49-year-old, himself a taijiquan enthusiast for the last 15 years. “That’s what I
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  • MALAYSIA
    • 420 10 Alleging abuse, maid says woman boss also hit her with wooden blocks, hangers and a toilet brush New Straits Times PETALING JAYA An Indonesian maid has alleged that she was forced by her employer to cane herself on the thighs 50 times, twice a
      New Straits Times; THE SUN  -  420 words
    • 394 10 KUCHING Malaysian universities will be given more freedom to manage themselves and recruit academic staff, said Education Minister Tan Sri Musa Mohamad. Utusan Malaysia last Friday quoted him as having said that the government would be introducing “an open concept” to grant hill
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    • 462 10 STEP TO CUT ACCIDEHT DEATHS DURING FESTIVE SEASON PETALING JAYA In a drastic move to reduce the number of deaths from road accidents during the Chinese New Year period, Malaysian police will use unmarked cars to track down inconsiderate and reckless drivers. Bukit Aman
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  • SOUTH-EAST ASIA
    • 656 11  -  He turns up at Cabinet meeting despite President’s call to resign; generals dismiss rumours of imminent coup By SUSAN SIM INDONESIA CORRESPONDENT JAKARTA The impasse between the travelling President Abdurrahman Wahid and his Security Coordinating Minister, General Wiranto, continued on Wednesday with the
      AP  -  656 words
    • 401 11  -  By KWANWENG KIN JAPAN' CORRESPONDENT TOKYO Indonesia's Constitution may be revised to remove a clause that automatically elevates the Vice-President to the presidency should the nation s leader be incapacitated. People’s Consultative Assembly Speaker Amien Rais told an influential Japanese
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    • 210 11  -  By SHARON VASOO ABOUT one in three pirate attacks around the world last year took place in and around Indonesian waters. There were 113 reported attacks in Indonesian waters, which pushed the worldwide tally to 285 last year, a 40 per cent
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  • COMMENT
    • 588 12 TUESDAY FEBRUARY 1,2000 THE Government’s reported plans to liberalise the broadcasting industry, which may include ending Singapore Cable Vision’s monopoly on cable television services ahead of its 2002 deadline, as well as opening up the free-to-air television market, suggest that the media are not immune to
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    • 569 12 MONDAY JANUARY 31,2000 TWO notable events took place half a world apart in Sweden and Japan last week. In Stockholm, European leaders attended a forum in remembrance of Holocaust victims, and they marked the 55th anniversary of the liberation of Auschwitz with a plea to prevent genocide
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    • 789 12  -  SECOND LAST WORD SIA CHEONG YEW YOU HAVE to hand it to the Americans. These guys know how to show their appreciation when they think someone really deserves it. Take President Bill Clinton of the United States, for example. He received
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  • COMMENT/PERSPECTIVE
    • 1151 13  -  THINKING ALOUD By CHUALEE HOONC I COULD make this a tirade against senseless Singaporeans squandering precious time queueing for inanelooking soft toys with equally inane names. Or I could throw the trident at McDonald’s for cashing in on the confluence of several happy occasions a
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    • 1034 13  -  MY VIEW By ASAD LATIF IT WOULD not be a bad idea if Singapore’s class distinctions were to be diluted. The other day, a taxi-driver bestowed on me a “Sir” for my patronage. Normally, I ignore a lineage that turns the customer
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  • INSIGHT
    • 2231 14 Thanks for cracking down on crooks, but. Thank you, cops, for making Singapore a safe place but can you please give us better service? That seems to sum up public expectations of the men in blue. TAN 001 BOON checks out findings of the latest Straits Times survey. NERVOUS and
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    • 870 14  -  Additional reporting by Valerie Tan Valerie Tan IS THERE such a thing as an “unsafe place” in Singapore? In the Straits Times survey, almost all of those polled say that they feel safe living here. But about four in every 10 of
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    • 1178 15  -  LAST WEEK IN POLITICS By CHUALEE HOONG AS WORLD leaders gathered in Davos to congratulate themselves on the increasing triumph of democracy around the globe, BG George Yeo, Singapore’s Minister for Trade and Industry', decided to throw a spanner in the works.
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  • MONEY
    • 387 16  -  Chee Jann Perng THE Singapore stock market revolved arourid interest-rate concerns this week as the US Federal Reserve’s policy-setting Open Market Committee met on Tuesday and Wednesday to decide whether to raise key lending rates. For the week, the 55-stock Straits Times
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    • 76 16 Straits Tines Intel The Straits Times Index dropped 26 points on the week to 2,258.91 DAY CLOSE TURNOVER Monday 2,230.28 (-54.63) 326.5 ($876.84m) Tuesday 2,230.39 0.11) 285.0 ($594.96m) Wednesday 2,271.40 (+41.01) 344.9 ($633.32m) Thursday 2,249.33 (-22.07) 496.1 ($841.43m) Friday 2,258.91 9.58) 244.8 ($502.41m) IT-SH Index The BT-SRI
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    • 1851 16 Company Date ann Net earn TY LY ($m) <$m) EPS TY LY {cts> (cts) Advanced Sys Dec 13 1 0.347 2.345L 0.30 2.1L Avimo Dec 09 P 20.170 14.641 19.1 13.9 Alexandra Nov 19 I 551.882 234L3L 0.02 0.1L AsiaDekorRmb Dec 20 1 50.480 24.065 7.60 3.60 AP
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    • 192 16 BONUS ISSUE ExCompany Ratio date Books close Acc Paymt RIGHTS ISSUE ExCompany Ratio date Books dose Acc Paymt Easyknit Proposed Issue of not Feb 18 less than 306.4m Rights shares of HKIOc each on the basis of one Rights share for every existing share held at HK23c per
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    • 134 16 Company mace Date Time Cerebos Pac E The Regent S’pore Third Level Boardroom It (*****5) Mar 03 12.30pm Cosco Inv E 143 Cecil Street #11-01 GB Bldg S’pore (*****2) Feb 22 11.00am AP Brew E 438 Alexandra Rd Alexandra Point Level Two *****8) Feb 22 10.00am Centrepoint Prop
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    • 444 16 Payment lets) Ex date Books close Pay date AP Breweries F 12-2 Feb 28 Mar 6 Mar 15 Avimo 20c F 4.75 Mar 6 Mar 13 Mar 28 CM Tel HK75c 1 3TE Jan 11 Jan 18 Feb 1 C Properties 50c F 10.8 Feb 24 Mar 2
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    • 112 16 Company Description GRP Proposed rights issue of up to 37,686,400 new Ord shares of 20c in the capital of GRP at an issue price of 20c for each rights share on the basis of 2 for 5 at 20c. Easyknit Proposed rights issue of not less than 306,406,053
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    • 1483 17 UNIT TRUSTS FUNDS Feb 5,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mqt Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.361 1.430 UK Blue Chip Fd!** 0.949 0.997 American Opport Fd 1.050 1.104 Continental Euro Eqty Fd 1.204 1.265 Japan Eqty Fd!** 1.585 1.665 Asian Fixed Income Fd 0.998
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    • 446 17  -  It will include behavioural factors to give a better feel of how the Singapore economy is faring By RAVIVELLOOR The Monetary Authority of Singapore (MAS) has unveiled a new forecasting model of the Singapore economy that combines the latest advances in the science with behavioural
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    • 592 17  -  By COLIN TAN IN A photofinish, Far East Organisation has pipped DBS Land in the bidding for the prized site above Clarke Quay MRT Station. It beat the governmentlinked developer by a razorthin margin of less than 3 per cent with a
      Source: URA; LEE CHEE CHEW Photo: SIEW YAW HOONG/BT  -  592 words
    • 3983 18 Transaction date: Fefj 4 r 2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Cr*s Net M Cap Wt Avg High Low Company Traded Sale ♦or000 High Low Div P/E $mil Price 182 67.5 m c Acma 50c 134 ♦4 298 135 132 40 57 16
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    • 1114 19 52-WK High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Gr*s Div Net P/E M Cap $mil Wt Avq Prici MANUFACTURING 218 86 c AS Auto 10c 179 unch 745 181 177 10 N 235 182 137 54 C ASJ Hldgs 20c 97 unch 5
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    • 1605 19 BONDS, LOANS WARRANTS Transaction date: Feb 4,2000 52-Wk High Low Company Last Sale ♦orVol >000 Day High Low Last Quote Buyer Seller Wt Avg Price 104 10.5 s A Acer W*****1 US$ 43 unch 68 43 43 43 43.5 80 14.5 s Acma W*****4 ...39.5 ♦1.5 186 40 39 39.5
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    • 149 19 (9am, Feb 4) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0600 1.0750 Canadian dollar 1.1610 1.1850 NZ dollar 0.8260 0.8430 Sterling pound 2.6880 2.7160 US dollar 1.6860 1.6970 Singapore dollars to 100 units of foreign currency Austrian schilling 12.06 12J31 Belgian franc 4.110
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    • 582 20  -  Buyers turn their backs on resale as price gap widens and the Government cuts subsidy *L COLIN TAN THE widening gulf between prices of resale and new Housing Board flats as well as a shift in the HDB’s subsidised loans policy sent home-buyers
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    • 784 20  -  By. CORNELIA TAN PRICES in all private sectors of the property market went up in the final quarter of last year, the industrial sector jumping highest at 8.1 per cent. This broad-based recovery shown in the latest official figures from the Urban Redevelopment
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    • 427 20  -  *IL CHEE JANN PERNG SINGAPORE Airlines (SIA) will list two of its major subsidiaries, Singapore Airport Terminal Services (Sats) and SIA Engineering Company (SIAEC), in the second quarter of the year. Both companies, it said, would be quoted on the Singapore
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  • Page 21 Advertisements
    • 803 21 i 0 W Ittfc 11 |if IIA 1 it f f\*' 111 **r The Straits Times Weekly Edition The TMP Worldwide Group, based in New York and listed on NASDAQ, is the world’s leading recruitment advertising agency. With more than 117 offices in 25 countries, we are still growing swiftly
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  • Page 22 Advertisements
    • 904 22 Shared Passion, Shared Values *3**: m m V A HI Compassion Collegiality Learning Teaching Integrity Professionalism Excellence Respect At the National University Hospital, we are committed to personalised, specialised and costeffective care of the highest quality within an environment of intensive research and excellent medical education. If this resonates with
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  • FORUM
    • 450 23 I REFER to the article, “Oh how swiftly we fall in line” by Susan Long (ST, Jan 26). In it, five people talked about the “new national habit” queueing up. Most of the comments were directed at the craze over McDonald’s Hello Kitty promotions. “Animals
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    • 665 23 AS A working father who is very happy staying at home to look after his toddler son, I would like to reply to Mr Wong Hoong Hooi’s letter, “Men still key breadwinners” (ST, Jan 31). Perhaps, in some cases, he
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    • 501 23 TAN Tam How wrote recently, in the article “Better stay out of trouble” (Life!, Jan 22), that despite our education and newfound wealth, at the heart of the Singaporean tendency to self-flagellate is a personality that feels “quite insecure about his place
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  • 475 24  -  A new law will make it easier to seek foreign agencies' help to arrest criminals or carry out raids abroad TAN 001 BOON LAW enforcers here will get more teeth in their fight against cross-border crimes under a new law that will make it easier
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  • 230 24  -  S2L KRISTBOO TWO women who were friends for three years will celebrate their first Chinese New Year together as sisters. Madam Liang Khee Leng, 43, was reunited recently with her long-lost sister, Madam Teo Kim Kuan, 35, and the four-gen-eration Teo family. To cement the
    LAUFOOKKONG  -  230 words
  • 615 24  -  By M. NIRMALA SCIENTISTS’ dream of creating human body parts is one step closer to reality with a new project in Singapore whose ultimate aim is to coax human cells to grow into the brain, heart and other organs. The project expected
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