The Straits Times : Weekly Overseas Edition, 19 February 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday February 19,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 668 1  -  Foreign players are competing with Singaporeans on their own turf so meet the challenge head-on, says Senior Minister ĔIL CHUA MUIHOONG MR LEE Kuan Yew on Tuesday night gazed into the future and came up with a clear message on what Singapore
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  • 95 1 Among the crowd-oleasers at last Saturday’s Chingay Parade was an item put up bv the police force, who cooked up a storm with their entertaining pot-banging, wok-clanging number. Shedding their usual formal, no-nonsense image, these officers dressed as chefs sashayed and boogied to tunes played by
    ALAN LIM  -  95 words
  • Page 1 Advertisements
    • 56 1 Home Death At Party A polytechnic student went to a friend’s farewell party, drank some alcohol and then died soon after complaining of feeling unwell. page 2 Money Pay-As-You-Use Plan Mobile-phone player Ml has a subscription-free plan which allows CDMA users to pay for the use of airtime at the
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  • PRIME NEWS
    • 442 2  -  Shortage of credible candidates forcing leaders to think seriously about asking NMPs to stand: SM *L CHUAMUIHOONG THE next crop of People’s Action Party election candidates may include nominated members of Parliament (NMPs). Senior Minister Lee Kuan Yew said some younger leaders were
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    • 327 2  -  Bu CHONG CHEE KIN A POLYTECHNIC student went to a friend’s farewell party, drank some alcohol, and then died soon after complaining of feeling unwell. Miss Pamela Yiau, 19, a third-year business student at Temasek Polytechnic, was pronounced dead by ambulance officers who arrived at the
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    • 655 2 A 27-YEAR-OLD female jogger who was raped at the Bukit Batok Nature Park two weeks ago died in hospital on Monday. Ms Linda Chua, a financial reporting manager with Exxon Mobil, was certified dead at the National University Hospital at about 1.50
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    • 424 3  -  The boy survived because the zinc roof of a third-floor flat broke his fall; he had multiple fractures but was all right JULYN KANG A THREE-YEAR-OLD boy, peering over a balcony to look for his mother below, lost his balance and plummeted 10 storeys
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    • 435 3  -  Bu CHANG AI-LIEN THE gutted Kebun Barn Mall wet market will be renovated at a cost of between $600,000 and $700,000. Renovation and repair work will take about six months. In the meantime, the market will be housed at temporary facilities at a carpark
      TAN SUAN ANN  -  435 words
    • 419 3  -  *L DOMINIC NATHAN SECURITY challenges to Singapore’s sovereignty in the 21st century will no longer be limited to military threats. The economy, society at large and even cyberspace may be the new battlefields in a borderless world where nations have been brought closer
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  • HOME
    • 584 4  -  Emphasis is on getting Nanyang Girls’ and Chinese High students to speak and understand Malay, not just to pass exams S!L SANDRA DAVIE TWO premier special assistance plan (SAP) schools, Nanyang Girls’ High and The Chinese High, are offering Malay as an
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    • 487 4  -  Bu JULYN KANG A NEWBORN baby was found abandoned in a bloodstained toilet at Mount Elizabeth Hospital, soon after a woman, believed to be a Filipina, sought treatment for abdominal pains and bleeding. The baby boy was found with his umbilical cord still attached, lying
      JOSE RAYMOND  -  487 words
    • 442 4  -  Si ALETHEALIM FIRST, he said she had sex with him willingly. Then, he claimed she took advantage of him when he was drunk. Finally, he added in the High Court on Tuesday that she was a loose woman who had framed him to break up his family.
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    • 900 5  -  Indonesian housewife Go Trimulyati, who lost her bid to regain her District 10 properties in the High Court, said Helena Chew Nam Hwee was behind the scam. Who is this woman? ALETHEA UM and YEOH EN-IAI SHE was always decked out in gold and diamonds and went
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    • 295 5 INDONESIAN housewife Go Trimulyati, who lost a High Court suit more than two weeks back, has gone missing. She failed to show up in court on Feb 8 for one of three more suits she has filed to regain possession of three apartments
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    • 396 5  -  *L ALETHEALIM MADAM Neo Aw Sah’s 15-month-old son Marcus died after her maid dropped him on the floor. Yet Madam Neo wept in the High Court yesterday when Dwi Arti Samad, 22, burst into tears upon being sentenced to eight years’ jail for
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    • 421 6  -  NUS graduate who joined The Straits Times IV2 years ago also wins the Young Journalist Of The Year award sa. SUSAN LONG THE last time he won something was 13 years ago, when a lucky draw gave him a $lOO Yaohan voucher. Last Tuesday,
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    • 266 6 LAST year was yet another glowing year for newspaper veterans. They clinched most of the prizes in the Singapore Press Holding’s English and Malay Newspapers Division annual awards for 1999 last Tuesday. Repeat winners like photographer George Gascon and artist Prudencio Miel once again carted home
      JOYCE FANG  -  266 words
    • 492 6  -  *2. SALMA KHALIK THE wired generation will soon have a news product bringing them news the way they want it, when they want it round the clock. Project Eyeball, the latest offering from Singapore Press Holdings, will be targeted at In-ternet-savvy readers between 20 and
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    • 576 7  -  Faced with over 3,800 arrests in the last two years, smaller syndicates are trying to pool resources to stay afloat Bv SHARON VASOO MINOR-league gambling syndicates here are being forced to pool their resources, in a bid to retain their clients. The underground industry, which
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    • 990 7 LOANSHARKS had plastered blood-red debt slips on his front door, but Mr A.P. Lai did more than just take them down. He pasted them on his bedroom wall, where they serve as stark reminders of the addiction that finally drove his wife to walk out on
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    • 557 8  -  Tormented wife sobs as she admits slashing husband who brought his lover home; a ‘sad case’, says judge *2. ALETHEALIM LOO Mei Lin knew her husband Lee Seng Wah had been unfaithful before. But this time, he brought a woman home, had sex with
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  • 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 ReDort 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market ReDort 1235 The Written Word
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  • SPORTS
    • 583 9  -  Singapore struggles to overcome Macau by a penalty goal in the Asian Cup Group 10 qualifiers SOCCER SANTO KH SINGH IN MACAU IT WAS difficult to distinguish the professionals from the amateurs when Singapore beat Macau 1-0 in the Asian Cup Group 10 qualifiers at the
      WONG KWAI CHOW  -  583 words
    • 307 9  -  By TAY CHENG KHOON NEVER say never again... Those were Fanai Ahmad’s sentiments in what couid well be nis tarewed interview with Timesport as a player. The soccer star who donneo national coiours as a precocious 16-year-Oid in 1978, nas elected not to register
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    • 499 9  -  WINDSURFING By CHAN TSE CHUEEN WINDSURFING is definitely part of Challenge 2008. The sport, which has stagnated in recent years, is medal potential for Singapore in the 2008 Olympic Games, says the Singapore Yachting Association. President Low Teo Ping said: “Windsurfing has missed a
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  • MALAYSIA
    • 558 10  -  These banks should complete mergers with 44 other financial bodies by the end of the year, says Bank Negara §!L DOUGLAS WONG MALAYSIA will allow 54 of its financial institutions to merge into 10 large banking groups under an ambitious plan to make them bigger
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    • 339 10 THE Malaysian government will slap heavier penalties on employers who abuse their maids and compel them to pay compensation, says Human Resources Minister Fong Chan Onn. Utusan Malaysia quoted the minister as saying the government would amend the Workmen’s Compensation Act to provide for the
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    • 239 10  -  CLOB IMPASSE By DOUGLAS WONG IN KUALA LUMPUR MALAYSIAN Prime Minister Mahathir Mohamad said on Thursday he would meet his Singapore counterpart to discuss the Clob impasse “at some stage” but added that a date had not yet been fixed. Prime Minister Goh
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    • 412 10  -  Bv BRENDAN PEREIRA IT IS the quality, and not quantity, that matters. So, the highest decisionmaking body of Umno is considering forming a 200,000strong team of cadres within the party a major shift in thinking for a political party that, since its
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  • SOUTH-EAST ASIA
    • 448 11 No notice? President said he had got in touch with Wiranto’s staff over the decision to suspend him -AFP, AP JAKARTA Indonesian President Abdurrahman Wahid said on Thursday that he had no intention of insulting security minister General Wiranto when
      -AFP,; AP  -  448 words
    • 282 11 AP JAKARTA Indonesia’s former President Suharto defied a summons to appear before Parliament yesterday, a day after the government said the former head of state might be placed under house arrest. Mr Suharto’s lawyers said he was too sick to face questioning. “Suharto looks
      – AP  -  282 words
    • 425 11  -  LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA Is there hope for the Philippines’ police force, which is notorious for being inept, corrupt and indisciplined? President Joseph Estrada’s favourite policeman, General Panfilo Lacson, believes there is, if the government continues to purge police ranks and takes a leaf
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  • COMMENT
    • 561 12 FRIDAY FEBRUARY 18,2000 WHATEVER you cannot defend does not belong to you. That comment by a young Singaporean, explaining the rationale for National Service, sums up the meaning of defence in the life of a country. Defending Singapore in the 21st Century, a book launched by Deputy Prime
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    • 580 12 SATURDAY FEBRUARY 12,2000 SOUTH Asia is among a handful of regions the well-travelled Bill Clinton has not been to. Now that the American President has scheduled a visit in the last days of his tenure, he has managed to have Pakistan, a pivotal part of the sub-continent, all
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    • 735 12  -  SECOND LAST WORD By YEONG AH SENG IN A week that saw some of the Web’s mightiest sites going down and millions of avid surfers locked out, Singaporean web surfers were up in arms over a different kind of problem slow access to the Net.
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  • COMMENT/PERSPECTIVE
    • 1057 13  -  THINKING ALOUD By SONNY YAP FORGET about The Straits Times Index, just observe the Lim Chee Guan bak kwa price movement for a more accurate measure of Singapore's economic recovery. Starting at $33 a kg, it went to $37, then $42 and
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    • 1083 13  -  MY VIEW By] DOMINIC NATHAN BY 2005, drinking water is expected to pour out of Singapore’s first large-scale desalination plant. The Public Utilities Board (PUB) has already decided that it wants the water to be produced by the most widely-used distillation technology, known as
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  • INSIGHT
    • 2310 14 In 1994, SM Lee Kuan Yew suggested giving two votes each to Singaporeans aged 35 to 60 years who were married and had children. They would most likely be more cautious, and would cast their votes for the sake of their children, he argued. Last
      NOEL ROSALES  -  2,310 words
    • 1031 15  -  LAST WEEK IN POLITICS By CHUA LEE HOONG THERE is an element of the surreal in the ongoing stand-off between Indonesian President Abdurrahman Wahid and his Security Coordinating Minister Wiranto. A short and half-blind cleric-tum-ed-politician, who needs help walking, fires off instructions to
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  • MONEY
    • 381 16  -  Colin Tan FEARS of another hike in US interest rates rattled market players over the week, sending fund managers scrambling for cover. US funds, in particular, sold down Asian stocks and reweighted their portfolios several times in the past five days, and
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    • 75 16 Straits Times Index The Straits Times Index dropped 57.56points on the week to 2,177.4. DAY CLOSE TURNOVER Monday 2,236.16 1.24) 506.0m 780.6m) Tuesday 2,199.36 (-36.80) 510.9m 908.7m) Wednesday 2,212.32 (+12.96) 453.7m 875.6m) Thursday 2,230.05 (+17.73) 1,026.8m (1,318.1m) Friday 2,177.36 (-52.69) 943.4m (1,039.1m) BT-SRI Index The BT-SRI Index
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    • 1853 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY LY <cts) (cts) Advanced Sys Dec 13 1 0.347 2345L 0.30 2.1 L Avimo Dec 09 P 20.170 14.641 19.1 13.9 AsiaDekorRmb Dec 20 1 50.480 24.065 7.60 3.60 AP Brew Dec 10 P 39.984 63.719 15.8
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    • 229 16 BONUS ISSUE Company ExRatio date Books close Acc Paymt RIGHTS ISSUE Ex* Books Acc Company Ratio date close Paymt Transmarco one -for- two @>$1.20 Feb 22 Feb 29 NA MOIL one -for-five @US$0.51 Feb 16 Feb 23 NA Easyknit Proposed issue of not Feb 18 less than 306.4m
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    • 225 16 Payment (cts) Ex date Books close Pay date AP Breweries F 12.2 Feb 28 Mar 6 MarlS Avimo 20c F 4.75 Mar 6 Mar 13 Mar 28 BMT $10.00 1 28 Feb 15 Feb 22 Mar 2 CarnaudMetal F 6.76 May 25 Jun 1 Jun 15 Casa 10c
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    • 224 16 Company Place Date Time Aztech E Conference Room Aztech Building 31 Ubi Road S'pore (*****4) Mar 10 11.00am Wee Poh E The Grassroots’ Club 190 Ang Mo Kio Avenue 8 S'pore (*****6) Mar 09 10.00am SIA E Mandarin Courtore 4th Floor Main Tower Mandarin Hotel 333 Orchard Rd(*****7)
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    • 116 16 Company Description Circuit Proposed private placement Plus of 19,000,000 new ordinary shares of S$0.10 each in the capital of Circuits Plus Hldgs. Nera Proposed sub-division of the par value of S$0.20 into four ordinary shares of S$0.05 each. GRP Proposed rights issue of up to 37,686,400 new Ord
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    • 1692 17 Feb 19,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global Technology Fdl** 1.543 1.621 UK Blue Chip Fd!** 0.915 0.962 American Opport Fd 1.029 1.081 Continental Euro Eqty Fd 1.255 1.319 Japan Eqty Fdl** 1.524 1.601 Aslan Fixed income Fd
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    • 586 17  -  Its CDMA users can use the subscription-free plan, allowing them to pay for the use of airtime at the end of the month §1 TAMMY TAN MOBILE-phone operator Ml has upped the stakes in the cellular game by introducing a novel subscription-free, pay-as-you-use service. Starting
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    • 518 17  -  Bu EDNA KOH KEPPEL Tat Lee Bank achieved a record profit last vear and is rewarding shareholders with a total dividend of 11 per cent the highest payout in its history. Net profit soared 390 per cent to $260 million as a result of
      CHEW SENG KIM  -  518 words
    • 4339 18 Transaction Gate: Feb 18,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gi-s Net M Cap Wt Avq Prici Hiqh Low Company Traded Sale ♦orooo Hiqh Low Div P/E $mil 182 69 m c Acma 50c 150 ♦11 7033 15 158 41.5 140 41 10 12.3
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    • 1167 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Cr*s Div Net P/E M Cap Wt Avg $mil Price MANUFACTURING 218 86 c AS Auto 10c 183 ♦1 2966 193 180 10 N 240.3 180 137 55 c ASJ Hldgs 20c 97.5 -i 12
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    • 1681 19 BONDS, LOANS WARRANTS Transaction date: Feb 18, 2000 52-Wk High Low Company Last Sale ♦orVol '000 Day Hiqh Low Last Quote Buyer Seller Wt Avq Price 104 10.5 s A Acer W*****1 US$ 43 unch 97 43.5 43 43 44 80 15 s Acma W*****4 43 +3 1981 47 41.5
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    • 153 19 Foreign Currency Note Rates (9am, Feb 18) Buying OS Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0690 1.0840 Canadian dollar 1.1630 1.1870 NZ dollar 0.8320 0.8500 Sterling pound 2.7270 2.7550 US do!la r 1.6980 1.7100 Singapore dollars to 100 units of foreign currency Austrian schilling
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    • 675 20  -  OCBC and DBS whose customers now pay at least I@% of monthly balances may lower this figure to 5% By] RAVI VELLOOR SINGAPORE’S top two local banks are looking to reduce the minimum payments required on credit-card balances in a move to seek higher
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    • 455 20  -  By. LEONG CHAN TEIK DISSATISFIED with the lack of a satisfactory solution to the Clob impasse after 18 months, the association of Clob investors has now taken initial steps to help its members pursue legal action. Mr David Gerald, president of
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    • 449 20  -  By RAVIVELLOOR DBS BANK said last week that it expects to issue an initial public offering (IPO) over the Internet soon, laying claim to being the first Singapore bank to offer new share applications online. “We have been working with the MAS and RCB
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  • Page 21 Advertisements
    • 905 21 The Straits Times Weekly Edition ROBINSONS GROUP OF COMPANIES ROBINSONS «JOHN LITTLE SPORTSGIRL» MARKS SPENCER ACCOUNTANT We are looking for a candidate who will be part of a dedicated team responsible for the accounting functions of a successful and established Group of departmental store operators. The candidate must be prepared
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  • Page 22 Advertisements
    • 867 22 SYSTEM ANALYSTS/ANALYST PROGRAMMERS Requirements: Degree in a computer discipline or an equivalent qualification Experience in SAP; or Experience in internet development work using Java and HTML/XML; or Experience in Geographical Information Systems (GIS) such as Integraph, Arc/Info and Smallworld. Experience in C++ or object-oriented programming is advantageous; or Experience in
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  • FORUM
    • 419 23 I REFER to Mr Paul Russell’s letter, “Asian drivers the worst that I’ve seen” (ST, Feb 12). “As a British motorcyclist with over 17 years of accident-free experience on the road in Britain and four years here in Asia”, I must say that he
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    • 424 23 I HAVE read many articles relating to the Clob issue recently and there are some things I just cannot figure out. To begin with, why are we looking at third-party offers? This is a situation between two different authorities, which I believe
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    • 595 23 THE letter by Mr Koh Seow Chuan, “There’s hope yet for park and library” (ST, Feb 15), is very disturbing because it may have raised false hopes that the park and the library may be preserved. We should not have false hopes. We should
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  • 596 24  -  His accounts have been frozen but with millions still not recovered, the court has set a record $2O million bail By ELENA CHONG NEARLY $22 million has not been accounted for of the $35 million allegedly misappropriated from Singapore Airlines by an employee
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  • 418 24  -  By EDMUND TEE THE Nanyang Technological University (NTU) has scored a world’s first in precision engineering with the development of a laser system that is so fine, it can etch poetry on a strand of hair. Beating other universities research centres, such
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  • 228 24  -  TAN KAH TIAN A 37-YEAR-OLD woman, found semi-conscious in bushes near the Chinese Garden in Jurong on Tuesday, told police she was attacked and robbed by her ex-boyfriend. A passer-by called the police at about 3.40 pm and said there was a dead woman
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