The Straits Times : Weekly Overseas Edition, 4 March 2000

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Microfilm: NL23036
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
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  • Title Section
    Lock icon Masthead
    20 1 The Straits Times Weekly Edition Saturday March 4,2000 J Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
    20 words
  • Article, Illustration
    Lock icon Eight A1s for teen who died in crash
    167 1  -  Bv CHONG CHEE KIN WHILE other schools celebrated their O-levei stars on Wednesday, teachers and students at Commonwealth Secondary School observed a minute’s silence for their top boy. Tan Zhi Ming, 17, scored eight Als, but he was not there. He died
    167 words
  • Article
    Lock icon MERGER: HSBC slammed
    322 1 lit n ili j|«ni ««ifl ILaA Si> Singapore Telecom on weunesaay saw inai re was "surprised and shocked" by investment bank HSBC Holdings' recent conduct in merger discussions with Cable Wireless HKT. In a strongly-wonted statement, it slammed the bank for backing a competing bid by Pacific
    322 words
  • Article
    Lock icon C&W HKT: SingTel's out, but all's not lost
    543 1  -  It lost out in Hongkong, but the link-up with News Corp opens up a vista to new opportunities Bu TAMMY TAN SINGAPORE Telecom lost out on its bid to merge with Hongkong’s Cable Wireless HKT, but it could still end up a
    543 words
  • Page 1 Advertisements
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  • PRIME
    • Article
      Lock icon Fatal accidents lowest in 25 years
      436 2  -  Motorcycle riders are still the most vulnerable, making up 85 of the 197 who died last year 52J KARAMJIT KAUR ROAD deaths last year fell to a 25-year low, but motorcyclists, who have been the most vulnerable on the roads for years, kept that
      436 words
    • Article, Illustration
      Lock icon School has started, but where are the students?
      408 2  -  Bn EUNICE LAU ONE of Singapore's oldest schools, Nan Chiau High, is still waiting for its first Secondary’ 1 student this year. The school in Kim Yam Road, off River Valley Road, has also seen its other classes shrink, because its future
      ALAN LIM  -  408 words
    • Article
      Lock icon $25m so you, too, can go online
      376 2  -  Bii_ CHANG AI-LIEN NO SINGAPOREAN will be denied access to the digital world oecause he is poor, does not speak English or fears IT. The Government has set aside 525 million over the next three years to bridge the digital divide and help
      376 words
    • Article
      Lock icon New guidelines soon for pre-school
      503 3  -  To ensure children are better prepared for Primary 1, the ministry will set the standards expected in kindergarten Bu CHUA MUIHOONG THE Ministry of Education will come up with new guidelines on kindergarten education to ensure a smooth transition to primary education, said Senior Minister
      503 words
    • Article, Illustration
      Lock icon Don, back from US, to be next NUS chief from June
      471 3  -  Bit M. NIRMALA PROFESSOR Shih Choon Fong, 54, a Singaporean who lived in the United States for 30 years, will be the new vicechancellor of the National University of Singapore from June 1. The Harvard-trained engineer, who is one
      PHOTOC  -  471 words
    • Article
      Lock icon Crisis looms as haze hits Sumatra
      252 3  -  BI J DERWIN PEREIRA IX JAKARTA THE haze has returned in Indonesia, blanketing large parts of Sumatra as government officials w r arned that the country couid be in for an environmental crisis as senous as the one three years ago. As of Thursday,
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    • Article
      Lock icon IN SINGAPORE: Air quality's good, not affected by smoke
      122 3 SATELLITE pictures have shown intermittent hot spots in Sumatra, said the Environment Ministry and the Meteorological Services on Thursdav. About 20 hot spots were seen on Mondav, but few remained on Tuesday, with only two producing a little smoke. Singapore’s air
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  • BUDGET 2000
    • Article
      Lock icon Economy to grow by 7.6%
      390 4 The GDP expansion is expected to yield a Budget surplus of $2.45b in the next fiscal year THE Government expects the economy in the fiscal year beginning April 1 to grow by 7.6 per cent, that is. at an even faster clip than it is
      390 words
    • Article
      Lock icon Inventors cheer, but artists are unmoved
      243 4 NEW incentives to encourage innovation and creativity are attracting mixed reactions from inventors and artists who were given special attention in the latest proposed Budget. Inventors are pleased with a promise of more incentives for a wider range of inventions, but artists doubt they
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    • Article, Illustration
      Lock icon Cheers for cut in tax rate
      523 4 CORPORATIONS COMPANIES cheered the permanent lowering of the corporate tax rate to 25.5 per cent from next year, although they were disappointed that the 10-per-cent rebate given last year was withdrawn. The lower tax rate effectively puts $l4O million back in the pockets of
      523 words
    • Article
      Lock icon Disappointment over property measures
      484 4 THE Budget w 7 as about what the property sector expected, but it was also a disappointment for the industry. Not only was the propertv tax rebate slashed from 55 per cent to 25 per cent, the tax exemption on land under development was taken away.
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  • HOME
    • Article
      Lock icon Ministries must account for funds
      369 5 A NEW era is about to descend on Government ministries they are going to have to weigh their budget requirements rather than expect their needs to be rubber-stamped. They have to account for the resources allocated to them, and if they look like they are
      369 words
    • Article
      Lock icon Maid poured acid into baby's mouth
      524 5  -  The infant is burnt so badly, he mav never speak; maid jailed eight years lor the vicious act and ‘indescribable pain' caused Si KAREN WONG AN INDONESIAN maid poured sulphuric acid into the mouth of a three-monfn-oid baby boy just to get another maid
      524 words
    • Article
      Lock icon HEARTBREAK: Parents in tears
      209 5 THE young parents of 10-month-old Lim Hong Xiang cried throughout most of the hearing yesterday, as the court heard how Indonesian maid Sumiyem poured concentrated sulphuric acid into the mouth of their first and only child last June. When the injuries suffered by their baby were
      209 words
    • Article, Illustration
      Lock icon WINNERS ALL:
      66 5 These three women were in the spotlight at Thursday’s Woman of the Year 1999 awards, organised by Her World magazine. Hotelier Jennie Chua, 55, was named Woman of the Year 1999 for achievements in the hotel and tourism industry. Miss Teresa Hsu, 100, took the Special Award for
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    • Article
      Lock icon Net portal soon for seniors
      358 5  -  Bu CINDY LIM SENIOR citizens wili get their own Internet portal, containing information on topics like health, family relations, retirement planning and leisure activities. The National Internet Advisory Committee (NIAC) hopes to set it up within a month. Committee member Wong Lok Oon said on
      358 words
    • Article
      Lock icon CNA to be beamed across Asia
      281 6  -  By DIANE TAN CHANNEL. News Asia will beam its news programmes across Asia and Australia, and as far as the Middle East, from September. This was revealed on Wednesday by Media Corp News, a wholly-owned subsidiary of the Media Corporation of Singapore (MCS), which
      281 words
    • Article, Illustration
      Lock icon Second chances
      219 6 FIVE schools refused to take Lionel Lim after The Chinese High threw him out for stealing, assault and gang activity. Then, Whitley Secondary gave him a second chance. On Wednesday, the beaming 17-vear-old was named one of its top students after scoring six distinctions, in elementary and additional
      219 words
    • Article, Illustration
      Lock icon Sim Wong Hoo funds new theatre course
      377 6  -  %L CLARISSA OON CULTURAL Medallion winner Kuo Pao Kun has 'launched a three-year programme for mul-ti-cultural theatre training, with $2 million in funding from Mr Sim Wong Hoo, chairman and CEO of Creative Technology. Mr Sim has also offered a 12,000-sq ft space
      377 words
    • Article
      Lock icon Civil service wants more non-scholars
      618 6  -  A good team should have people with different backgrounds, skills and experiences who, DPM Lee says, complement one other Bit LYDIA LIM THE civil service has not done as well as it could in recruiting people of different backgrounds, said Deputy Prime Minister Lee Hsien
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    • Article, Illustration
      Lock icon HIGH-FLIER:
      88 7 miiirmtK: It was an uphill task for competitors who turned up at the National Vertical Marathon 2000, held at the OUB Centre on Sundav. Organised jointly by the Singapore Sports Council and the NTU Sports Club, the race up to the 61st storey of the building saw about 400
      DESMONDFOO  -  88 words
    • Article
      Lock icon More young girls with diseases spread by sex
      436 7  -  Part of the reason is condoms are not used during sexual encounters between youths Bv BRAEMAMATHI MORE young girls have been infected with sexually-trans-mitted diseases (STDs) in the last four years, according to government figures. The numbers have risen from 118 in
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    • Article
      Lock icon Teaching of sex education in schools under review
      284 7 THE Education Ministry is reviewing the teaching of sex education in schools, with a view to adopting a more holistic and structured approach. Senior Minister of State (Education) Aline Wong said the review is part of MOE’s on-going policy reviews. She was
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    • Article
      Lock icon New national expedition plan for youth volunteers
      484 7  -  SSL LYDIA LIM IF YOU are young, hungry for travel and fresh experiences, then the new Youth Expedition Programme could be just the ticket for you. Even 7 year, it will offer up to 5,000 young people a chance to taste life in
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    • Article, Illustration
      Lock icon Measures to make roads safer
      546 8  -  New, clearer signs at expressway exits, brighter road dividers and crash cushions are some changes KARAMJIT KAUR THE Land Transport Authority (LTA) has introduced new measures to make Singapore roads safer. These include making road dividers brighter and more visible to motorists and installing special
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  • Page 8 Miscellaneous
    • Miscellaneous
      Lock icon Page 8 Miscellaneous Column 1
      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 Ud 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • Article
      Lock icon $3m horse race to christen new race course
      606 9  -  Singapore will stage its richest race at Kranji’s official opening, the 2,000 m SIA Cup By By TAY CHENG KHOON TWO MINUTES is all the time it will take for a horse to win the 2,000 m Singapore Airlines International Cup. In
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    • Article
      Lock icon Fandi the coach puts his neck on the chopping board
      692 9  -  SOCCER *IL KELVIN PHANG FANDI AHMAD has put his new coaching career on the chopping board. If his Singapore Armed Forces FC Warriors fail to win the S-League title within the next two years, he will quit. Fandi had appeared
      692 words
    • Article, Illustration
      Lock icon WHAT A FEAT:
      129 9 Swimmer Ho Shu Yong, 10, is steadily re-writing Golden Girl Joscelin Yeo’s long-standing records. The Raffles Girls’ School Primary 5 pupil clocked 1 min 3.93 sec in the 100 m freestyle at the National Age-Group Championships. Two-time Sportswoman of the Year Joscelin, 20, had clocked 1:05.63 when
      ChanTse Chueen  -  129 words
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  • MALAYSIA
    • Article
      Lock icon KL plans Islam TV channel to counter PAS
      312 10 -AFP KUALA LUMPUR The Malaysian government plans to start a new television channel focusing on religion to counter Parti Islam's influence and clarify misleading religious decrees issued by the party that has split the country's Muslim community. Deputy Information Minister Khalid Yunus
      -AFP  -  312 words
    • Article
      Lock icon Express clearance
      146 10 Bernama JOHOR BARU The Johor Customs department wall introduce an express clearance system for single-occupancy vehicles from Singapore on April 1, to reduce congestion at the Johor Causeway. Its director, Mr Abdul Rahman Abdul Hamid said on Thursday that the system, which would be implemented jointly with the
      Bernama  -  146 words
    • Article
      Lock icon Foreign workers: Recruitment freeze
      317 10 Bernama KUALA LUMPUR Malaysia on Monday imposed a temporary freeze on the recruitment of foreign workers and introduced new regulations on the employment of maids. A Cabinet committee on foreign workers said the Home Ministry should not accept any application to recruit foreign workers until further
      Bernama  -  317 words
    • Article, Illustration
      Lock icon UNDER FIRE
      403 10 Malaysian navy’s in-house publication slams the training centre’s shoddy construction and the string of‘flaws’ which led to it New Naval Centre KUALA LUMPUR The Malaysian navy’s in-house publication has criticised sharply the shoddy workmanship of the new naval recruit training centre in Kota Tinggi, saying it is a
      403 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Gus Dur's historic trip to East Timor
      638 11  -  The three-hour visit marks the start of formal diplomatic ties between the two countries MARIANNE KEARNEY IN JAKARTA PRESIDENT Abdurrahman Wahid’s historic visit to East Timor on Tuesday which included an apology for Indonesia’s “sins” has been hailed as marking a new beginning
      REUTERS  -  638 words
    • Article
      Lock icon TNI's business empire faces audit
      387 11  -  DERWIN PEREIRA IN JAKARTA THE Indonesian armed forces (TNI) suffered another slap in its face when the government announced here that it was going to audit the military’s hy-dra-like business empire a move that could cripple the institution even further. Just a day after a
      387 words
    • Article
      Lock icon Brunei’s economy is unsustainable’
      320 11 Bernama KUALA LUMPUR Brunei’s economy is unsustainable as its income growth has been unable to keep up with population growth, according to an official Brunei government report just released. The Brunei Darussalam Economic Council Report now on sale cites symptoms of an unsustainable economy, saying that
      Bernama  -  320 words
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  • COMMENT
    • Article
      Lock icon Cautious and muscular
      562 12 SATURDAY Feb 28,2000 INANCE Minister Richard Hu presented an aggressively cautious and muscular budget for fiscal year 2000. Operating revenues were forecast to rise by 8.6 per cent to $31.4 billion; total expenditure was set to rise by 12.5 per cent to $29 billion; and the budget
      562 words
    • Article
      Lock icon Retire richer
      595 12 WEDNESDAY Mar 1,2000 THE idea of the Supplementary Retirement Scheme (SRS), mooted by Finance Minister Richard Hu last week, is a welcome move to address the alarming truth, underlined by an inter-ministerial committee report, that many Singaporeans will not have enough savings for their old-age needs unless they
      595 words
    • Article, Illustration
      Lock icon Time to bail out or buy?
      853 12  -  SECOND LAST WORD 808 NG THESE are nervy, nail-biting times for stock-market investors. With the ST Index down by nearly one-fifth and the Dow Jones off by 14 per cent from their January peaks, the dilemma facing those still holding shares is: Do I
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  • COMMENT/PERSPECTIVE
    • Article, Illustration
      Lock icon Love IT or hate IT, but learn to use IT
      1142 13  -  MY VIEW By GEOFFREY PEREIRA THERE is an evil plot among technophobes especially oldies who cannot or do not want to adapt to change to do all they can to run down or hold back the onslaught of technology. The
      LUDWIG ILIO  -  1,142 words
    • Article
      Lock icon Challenges call for sweeping measures
      720 13  -  BUDGET 2000 IGNATIUS LOW IT HAD been predicted to be a “nonews event’' by at least one analyst in town. That comment was one of many made by economists and tax consultants forecasting that the year’s Budget would be along its usual dependable prudent lines.
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  • INSIGHT
    • Article, Illustration
      Lock icon Race relations & reality
      1682 14 Race relations reality The latest Straits Times survey findings have drawn different reactions from people on the state of race relations. What do the results really say about how Singaporeans view one another across racial lines? IRENE NG examines the issues. IMAGINE: The economy collapses suddenly. Many jobless prowl the
      CHEW SENG KIM  -  1,682 words
    • Article, Illustration
      Lock icon Greater reality of S'pore
      971 15  -  THINKING ALOUD By ASAD LATIF THE race survey reveals the stark truth that Singaporeans see good relations prevailing in good times, but are far less confident that those ties can survive conflict if it breaks out. This being the reality, a vibrant economy which makes the
      971 words
    • Article
      Lock icon Education has its limits
      1125 15  -  LAST WEEK IN POLITICS By CHUA LEE HOONG MY COLLEAGUE called it a debate of the deaf. The other day in Parliament, MPs Kenneth Chen and Chiam See Tong got into extended arguments with Manpower Minister Lee Boon Yang over measures to ensure the safety 7
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  • MONEY
    • Article
      Lock icon Small drop in STI in a listless week
      364 16  -  LOH CHENYI THE stock market ended down for the week on account of US interest-rate worries and the general apathy of foreign funds towards Singapore stocks. The benchmark Straits Times Index sank 23.37 points to 2117.03 for the week. “As long as
      364 words
    • Article
      Lock icon CORPORATE RESULTS
      1854 16 Company Date ann Net earn TY LY ($m) <$m) EPS TY LY (cts) (cts) Allied Comp Feb 22 1 2.189 2.229 1.01 139 Amtek Engg Feb 29 1 3.531 9.685 2.43 6.69 AsiaDekorRmb Dec 20 1 50.480 24.065 7.60 3.60 Ascott Feb 22 P 2.766 14.399L 0.99 6.1L
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    • Article
      Lock icon APPROVED ISSUES
      219 16 BONUS ISSUE ExBooks ACC Company Ratio date close Paymt Wee Poh one-for-ten Mar 17 Mar 22 NA WBL one-for-two Mar 24 Mar 29 NA Econ one-for-one Marl Mar 8 NA RIGHTS ISSUE ExBooks Acc Company Ratio date close Paymt GRP two -for-five @>$0.20 Mar 3 Mar 10 NA
      219 words
    • Article
      Lock icon COMPANY MEETINGS
      141 16 Company Place Date Time Wah Shing A Lotus Room, Level 4 Tower Wing Block Shangri-La Hotel 22 Orange Grove Road Spore (*****0) Jun 24 10.00am Sunway Intnl A Tang Room. 4th Fir Furama Hotel 1 Connaught Rd Central, Hongkong Mar 28 9.30am S’pore Land E 61st Storey, UOB
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    • Article
      Lock icon DAY-TO-DAY STOCK INDICES
      76 16 Straits Tines Index The Straits Times Index dropped 23.37 points on the week to 2117.03 DAY CLOSE TURNOVER Monday 2118.65 (-21.75) 597.3 ($655.7m) Tuesday 2120.50 (+1.85) 663.5 ($773.7m) Wednesday 2114.05 6.45) 471.3 ($850.6m) Thursday 2110.17 3.88) 403.6 ($660.5m) Friday 2117.03 6.86) 516.2 ($654.9m) IT-SM Index The BT-SRI
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    • Article
      Lock icon DIVIDENDS ANNOUNCED
      420 16 Payment (cts) Ex date Books close Pay date AP Breweries F 12.2 Feb 28 Mar 6 Mar 15 Amtek Enqq 20c 1 0.8TE Mar 8 Mar 15 Mar 28 Avimo 20c F 4.75 Mar 6 Mar 13 Mar 28 Australand A50c d A3 Mar 2 Mar 9 Mar
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    • Article
      Lock icon PROPOSED ISSUES
      202 16 Company Description Acer Proposed reorganisation of of the share capital for the purpose of the privatisation of Acer Computer international Ltd pursuant to a scheme of arrangement under section 210 of the companies Act Chap 50. Ho Wah Genting Placement of 3,900,000 new ordinary shares of $0.25 each
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    • Article
      Lock icon UNIT TRUSTS & FUNDS
      1511 17 UNIT TRUSTS FUNDS Mar 4,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mqt Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.735 1.823 UK Blue Chip Fd!** 0.963 1.013 American Opport Fd 1.007 1.059 Continental Euro Eqty Fd 1.300 1.366 Japan Eqty Fd!** 1.574 1.653 Asian Fixed Income Fd 1.034
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    • Article
      Lock icon SIAS welcomes solution
      403 17  -  CLOB IMPASSE: SURPRISE AGREEMENT Bu LEONG CHAN TEIK THE association of Clob investors on Saturday hailed as “a neat solution” the surprise agreement just signed between the Singapore Exchange (SGX) and the Kuala Lumpur Stock Exchange (KLSE) to resolve the 18-month Clob impasse. The agreement, announced last
      403 words
    • Article, Illustration
      Lock icon Development charges up
      577 17  -  Rates for residential land rise by an average 27%, while those for commercial land are 11% higher Bij_ COLIN TAN FROM March 1, developers will have to pay sharply higher charges for maximising the use of residential and commercial land after comprehensive revisions by the Ministry of
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    • Article
      Lock icon SGX SECURITIES TRDG: MAIN BOARD
      4114 18 Transaction date: Mar 3,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Dav Gi-S Net M Cap Wt Avg High Low Company Traded Sale ♦or000 High Low Oiv P/E $mil Prici 182 135 -3 174 139 131 10 n.i 2233 137 84 25 c Alliance Tech 39.5
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    • Article
      Lock icon SGX SESDAQ
      1138 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Gr*s Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 218 86 c AS Auto 10c 155 -2 1249 157 150 10 N 203.5 159 137 55 c ASJ Hldgs 20: 92 unch 19
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    • Article
      Lock icon BONDS, LOANS & WARRANTS
      1621 19 BONDS, LOANS WARRANTS Transaction date: Mar 3, 2000 52-Wk High Low Company Last Sale ♦orVol ooo Day Hign Low Last Quote Buyer Seller Wt Avq Price 104 11.5 s A Acer W*****1 US$ 44 unch 39 44 44 44 44.5 80 16 s Acma W*****4 32 +1.5 463 32 30.5
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    • Article
      Lock icon CURRENCY
      152 19 Foreign Currency Note. Rates (9am, Mar 3) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0360 1.0510 Canadian dollar 1.1720 1.1960 NZ dollar 0.8320 0.8500 Sterling pound 2.7030 2.7310 US dollar 1.7090 1.7210 Singapore dollars to 100 units of foreign currency Austrian schilling 12.02
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    • Article, Illustration
      Lock icon SingTel 'dropped merger for buyout'
      955 20  -  After buying C&W’s stake, it was to make a voluntary general offer in the face of HK company s increasingly difficult demands By TAMMY TAN SINGAPORE Telecom s final offer to Cable Wireless (C&W) was not for a “merger of equals” as previously thought, but
      MIKE M DIZON Illustration: LUDWIG ILIC  -  955 words
    • Article
      Lock icon Company on right track, says PM
      293 20  -  Bn CHUA MUIHOONG IN DUBAI SINGAPORE Telecom s attempt to merge with Cable Wireless HKT (C&W HKT) showed that the company was on the right track although it was unsuccessful in its bid, Prime Minister Goh Chok Tong said in Dubai, where he was
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  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      401 21 I SinGAPORE AIRLinES For those of you who desire a first class start in your career, why not consider the SIA scholarship? An SIA scholarship provides excellent opportunities not just for greater academic achievements but a career as well. When you graduate as an SIA scholar, you will be offered
      401 words
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  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      1203 22 The Straits Times Weekly Edition iHfl New.. Open Save [Save As... At GE Medical Systems, we create the technolog)’ that helps medical professionals save lives. Our imaging and diagnostic systems provide the tools for early detection of serious medical problems; which in turn makes a cure all the more possible.
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  • FORUM
    • Article, Illustration
      Lock icon S'pore businesses: Teamwork needed
      435 23 THE news about Pacific Century CvberWorks making a bid for Cable Wireless HKT caught everybody by surprise, except those who have been observing the speed and daring of Hongkong entrepreneurs and the way they network. Recently, I acted as the lawyer for an Internet firm which
      435 words
    • Article
      Lock icon Spore will always be a younger brother to KL
      266 23 I REFER to Mr Eric Ang Teck Sin s letter, “Economic progress will close bilateral gap” (ST, Feb 26). The presumption that economic jealousy dnves the relationship between Singapore and Malaysia is, in my view, not accurate. Economics does not motivate
      266 words
    • Article
      Lock icon Singapore does not need more NMPs
      704 23 I REFER to the letter, “It's time to entrench the NMP system”, by Mr Chia Shi Teck (ST. Feb 29). He has proposed the idea of a nationally-elected Nominated Member of Parliament. Such a scheme would serve no purpose otner than to boost NMPs
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  • Article
    Lock icon OUB wants to set up a bank on the Net
    522 24  -  But first it needs approval from the regulator. The 'electronic bank’ will be run separately. Bu RAVIVELLOOR OVERSEAS Union Bank revealed on Tuesday that it is seeking regulatory approvals for the setting-up of an independent “virtual” bank with its own
    522 words
  • Article, Illustration
    Lock icon Compassvale roof collapse: 3 plead guilty
    462 24  -  Bu ELEN A CHONG TWO engineers and a building contractor involved in the Compassvale Primary School accident in Sengkang iast year pleaded guilty on Wednesday. The roof of the uncompleted building collapsed on June 15. It left seven workers injured and the school’s multi-purpose
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  • Article
    Lock icon Part with rides better than Disney's
    283 24  -  Bu EMILY CHUA PASIR Ris will soon get a new' theme park called Escape. It promises 10 high-thrill adventure rides and a go-kart circuit, among other features. Among the rides will be the Mad Mouse, an indoor rollercoaster inspired by Disneyland’s legendary Space Mountain.
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