The Straits Times : Weekly Overseas Edition, 11 March 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday March 11,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 291 1  -  Bij S. MURALI IT WAS a night made for punters. At the Singapore Turf Club last Saturday, local jockey Saimee Jumaat rode Ouzo into a dream win against foreign competition in the $3 million SIA International Cup. The race was the highlight of the official
    JOSE RAYMOND  -  291 words
  • 479 1  -  The money will go directly to arts groups, activities and education and free them of fund-raising problems *L LYDIA LIM THE arts will receive a $5O-million shot in the arm as part of Government plans to turn Singapore into one of the top cities
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  • 175 1 SINGAPORE’S spending on the arts is less than a third that of Hongkong’s and about half of Glasgow’s and the Australian state of Victoria. A report by the Ministry of Information and the Arts said the Government spends about $7 per person on the
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  • Page 1 Advertisements
    • 56 1 T ‘T^ Sports Hen Of Substance I Ex-national players Fandi Ahmad, V. Sundramoorthy, Kadir Yahaya and Lim Tong Hai are set to lock horns as S-League coaches. page 9 Parliament Men Of Substance II Powerful attributes in Dirty Harry and Rambo can be compared to those needed for the entrepreneurial
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  • PRIME
    • 517 2  -  MPs ask if industry will be opened up; minister says comprehensive review under way will cover all possibilities By CHUA MUIHOONG THE media scene here is due for a shake-up soon, judging from comments by Minister for Information and the Arts Lee Yock Suan on
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    • 555 2  -  Bu PAULINE LEONG DRIVERS of Singapore-regis-tered vehicles going through the Woodlands and Tuas checkpoints can use Cash Cards to pay toll charges from April 1, instead of the pre-paid toll coupons being used currently. And drivers of foreign-regis-tered vehicles will be able to use
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    • 227 2 IT IS easy to get more personal with your mail now. With My Stamp, a personalised stamp service, customers can get their faces or images of their choice printed on postage stamps. My Stamp comes in sheets of 20 with a value of 22 cents
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    • 466 3  -  Bv ELENA CHONG AN EXECUTIVE secretary slapped her Indonesian maid at about 2 am, pulled her hair, then dragged her to the toilet and hit her with a shower head. When Chung Poh Chee saw that Ms Sulastri Suhedi, 24. was bleeding, she stopped hitting
      WONG KWAI CHOW  -  466 words
    • 405 3  -  Sixteen divisions nominate Mahathir Mohamad and Abdullah Badawi for top posts Party Leadership BRENDAN PEREIRA IN KUALA LUMPUR DESPITE the talk of discontentment and winds of change in Umno, members appear to be rooting for the status quo in the party leadership. Dr
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    • 202 3 KELANTAN Umno chief Tengku Razaleigh Hamzah on Thursday broke his silence, and gave the first signal that he was ready to contest a top leadership position in the party. This came just one day before a division from his home state, Kelantan, nominated him for the
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    • 390 3  -  liv SUSAN LONG SENIOR civil servants' pay is t veing reviewed and they couid in future receive nonuses equivalent to 12 months salary or more, depending on their performance. This will strengthen the link between performance and pay, Deputy Prime Minister Lee Hsien
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  • PARLIAMENT
    • 529 4  -  Singapore has a strong legal case, but going to court and the WTO may leave investors waiting years more, says BG Lee Hsien Loong Bu IGNATIUS LOW THE Clob settlement with Malaysia was a pragmatic solution because taking the matter to court might have
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    • 315 4 PLANS to upgrade private residential estates, postponed during the economic crisis, will be re-activated. For a start, a committee will look into starting one or two pilot projects in the second half of this year. Senior Parliamentary Secretary (National Development) Koo Tsai Kee said
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    • 403 4 THE Government will watch government-linked companies (GLCs) closely to ensure they do not compete unfairly with smaller local firms, and it will encourage them to seek new business opportunities overseas instead. Finance Minister Richard Hu gave this assurance on Wednesday, after listening to criticisms
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    • 56 4 ‘For us to change from a 5V2-aay week to five-day week is suddenly to send a signal to the whole economy that we are working fewer days... it will be a change of tone for society.’ DPM Lee Hsien Loong, in response to Nominated MP Jennifer Lee’s call
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    • 539 5 DO MORE to strengthen the family, said Nominated MP Jennifer Lee, in an impassioned argument on behalf of ordinary Singaporeans. Government policies should be reviewed to see how they affect the family, she said. There must be a coordinated effort by the
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    • 445 5 Civil service will explore that option in a move to encourage the private sector to switch to medical co-payment scheme THE Government will study a proposal to put the unused baiance of civil servants’ outpatient medical subsidy into their Medisave accounts. “And we
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    • 531 5  -  Bu LYDIA LIM THE National Library building will have to go, National Development Minister Mah Bow Tan told Parliament on Monday. He said he had met architect Tay Kheng Soon twice to discuss the alternative Mr Tay was advocating. That plan retained the
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    • 459 6 Govt had projected a deficit because of the gloomy economic situation; the swift recovery was unexpected, explains Richard Hu FINANCE Minister Richard Hu on Tuesday said that the Government did not aim to achieve a surplus with its last Budget and had been prepared to
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    • 75 6 THESE movie characters Star Wars' Obi-Wan Kenobi (left), Rambo (above) and Dirty Harry (right) chase their own dreams but think of their own people. They defy authority, but return to save thd world, said MP Ong Kian Min, iiope that, in parenting and in our schook,
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    • 385 6 PRODUCING ENTREPRENEURS LOOK at Star Wars' Obi-Wan Kenooi, Dirtv Harry and Rarrbo: ali individualistic characters who defy authority, but who return to save the world. Tney cnase their own dreams but think of their own Deople. Tnese are powerful attributes of entrepreneurship, said Mr Ong Kian
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    • 283 6 THE Government shouid speed up privatisation of puodc agencies and set performance oenc marKS lor the oublic sector said Mrs Lim Hwee Hua (Marine Parade GRC). j us’: as businesses must transform tnemseives to surviv and compete in the digita. market place, so governments
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  • HOME
    • 574 7  -  Srividhya from India brings the honour to 14-vear-old college; schoolmate Cliong Woon Hui comes a very close second By SANDRA DAVIE aha CINDYIJM YISHUN Junior College teachers and students had much to celebrate at the release ol the A-level
      j >Ct FANG  -  574 words
    • 310 7 TOP junior colleges Raffles ana I wa Chong outperformed t .emseives m tne A-leveis tnis tear by producing a record number of top students. Of the 865 RJC students who sat for the A-leveis last year, 360 scored distinctions in ail four A-ievei subiects.
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    • 600 7  -  n j. SUSAN LONG industry is growing so fa si that there is a worldwide shortage even m big countries such as the United States ana Germany. '‘lf we don t bring tne people in now we are not going to capture
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    • 331 8 POLLUTION REPORT THE Environment Ministry s reoort card on air quality puts Singapore among tne world s top 15 most liveable’' citieb. Tne annual mean concentrations of five traditional pollutants sulphur dioxide, nitrogen dioxide, particulate matter, carbon monoxide and ozone were compared to those
      Source: £NV; C. CHANDRADAS  -  331 words
    • 256 8  -  Normally mild, it is turning nasty, and childcare centres and doctors are urged to look out for it BY WENDYTAN CHILDCARE centres and doctors are being told to look out for hand, foot and mouth disease (HFMD), because this normallv-mild viral illness is turning
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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/Weatner (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • S-LEAGUE 2000 KICK-OFF
      • 437 9  -  Four former national players are all set to lock horns as S-League coaches this season GERARD WONG THE music industry has its four Heavenly Kings in Andy Lau, Aaron Kwok, Leon Lai and Jackie Cheung. Well, meet the S-League’s Lion Kings Fandi Ahmad,
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      • 245 9  -  §!L TAY CHENG KHOON TAKE a good coach, add a sprinkling of experienced locals and garnish with four foreigners of proven quality. Finally, add a dash of the X-Factor. Now what you get is a recipe for success: Geylang United’s formula for bringing home
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      • 230 9 WILL THEY SUCCEED AS COACHES? “It all boils down to whether they had accepted their new roles willingly and their ability to motivate and transfer all their experience to their charges. “But, generally, having playea at such a high level will certainly help these
        FABIAN CHAN MIN-FAY  -  230 words

  • MALAYSIA
    • 502 10  -  PM Mahathir Mohamad wants ‘men and women of extraordinary talent’ to take the nation into tne information age DOUGLAS WONG IN KUALA LUMPUR PRIME Minister Datuk Seri Dr Mahathir Mohamad announced on Wednesday that Malaysia intended to attract 5,000 skilled foreign
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    • 341 10 PETALING JAYA Fed up with the attitude of their husbands towards neighbourhood security, a group of women armed with long bamboo sticks, walkie-talkies and whistles, are now patrolling the streets in the dead of night in an area of Subang Jaya. About
      THE SUN  -  341 words
    • 474 10 -AFP, The Star/Asia News Network KUALA LUMPUR Illegal immigrants caught entering Malaysia a second time may face caning as well as imprisonment. Deputy Home Minister Zainal Abidin Zin said the provision already existed in law but had not been enforced on illegal immigrants thus
      -AFP,; The Star/Asia News Network  -  474 words

  • SOUTH-EAST ASIA
    • 732 11 Indonesia's environmental monitoring agency, Bapadal, has been trying to get hard evidence to nail those responsible for the dangerous level of haze that has covered the Riau province over the past week. Straits Times Correspondent MARIANNE KEARNEY, while in Pekanbaru, followed one attempt to
      REUTERS  -  732 words
    • 588 11 Reuters, AFP PEKANBARU Indonesia on Wednesday called the forest fires raging in Sumatra a national disaster and warned that logging firms could lose their licences if they had started the burning deliberately. Environment Minister Sonny Keraf said the authorities planned to summon forestry
      Reuters,; AFP  -  588 words

  • COMMENT
    • 598 12 TUESDAY MARCH 7, 2000 AFTER President Jiang Zemin has spoken out repeatedly against corruption as an acid that would eat away everything ever built, most recently at the Chinese Communist Party graft conference in January, what gravitas could his prime minister possibly bring to the
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    • 610 12 WEDNESDAY MARCH 8, 2000 IS JAPAN recovering, or is it still in recession? Recent figures suggest that there can be only one possible answer to the question: Both! While the old Japan of shipbuilding and construction is declining, the new Japan of information technology is growing. From
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    • 728 12  -  SECOND LAST WORD Bii SIA CHEONG YEW IT IS said to be the sport of kings, but at the official opening of the Singapore Turf Club’s racecourse at Kranji last Saturday, I failed to spy even one member of any aristocracy. The only aristocrats I can
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    • 1124 13  -  MY VIEW By TAN 001 BOON HOW do you get people to come out with good ideas that will make a difference? Start the ball rolling by holding a contest that offers a big cash reward for the bright spark who
      LCDWIG ILIO  -  1,124 words
    • 759 13  - Tactical pluses —and egg on China's face EYE ON THE WORLD By SUNNY GOH FROM firing missiles to just issuing a White Paper China has shown considerable restraint towards Taiwan when it comes to warning the rebel province about simmering pro-inde-pendence sentiments there. During the island’s last presidential election in
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  • INSIGHT
    • 119 14 A Straits Times survey, covering 1,114 Singaporeans aged 20 and above, found that 72 per cent of Singaporeans did not think race should be removed from the 1C. And, contrary to popular perception, younger people in a higher proportion than the older ones are
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    • 1126 14 IC: Big ‘no to deleting race Last week, we highlighted the key findings of a Straits Times survey tvhich showed that ivhile most Singaporeans oelieve that race relations are better today than 10 years ago, fewer than one in two ivitt bet their lives on these ties if there is
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    • 447 14 READERS' RESPONSE SEVERAL readers took issue with one question relating to Malay/Muslims in the ST survey on race relations. The question was: “If Singapore goes to war with a Muslim country, can you trust Singapore Malay Muslims to fight for you?” About 46
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    • 1242 15  -  THINKING ALOUD By HAN FOOK KWANG IT IS almost a contradiction in terms, if you think about it, this call to Singaporeans to be more entrepreneurial and risk-taking. Can you really ask someone to take more risks? To take less risks, perhaps, as
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    • 1127 15  -  LAST WEEK IN POLITICS By CHUA MLI HOONG AT FIRST glance, “Last week in politics” seems the wrong platform for talking about SingTel’s failed bid for Cable Wireless HKT. The story of how a struggling telecommunications company, awash in the sea of deregulation, spumed
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  • MONEY
    • 352 16 THE market ended the week 20.79 points down to 2,096.24 after being buffeted by contrasting trends out of Wall Street. A strong Wall Street rally following the release of positive US employment data the previous Friday had been expected to buoy the local market early
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    • 73 16 Straits Tines Index The Straits Times Index dropped 23.93 points on the week to 899.99. DAY CLOSE TURNOVER Monday 2119.97(+ 2.94) 395.1 ($709.4m) Tuesday 2091.3K-28.66) 344.6 ($757.3m) Wednesday 2072.58(-18.72) 514.5 ($918.2m) Thursday 2082.29(+ 9.71) 380.1 ($830.3m) Friday 2096.24(+13.95) 440.8 ($783.1m) BT-SRI Index The BT-SRI Index dropped 5.01
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    • 1855 16 Company Date ann Net earn TY LY ($m> <$m) EPS TY LY (cts) (cts) Allied Comp Feb 22 1 2.189 2.229 1.01 1.29 Amtek Engg Feb 29 1 3.531 9.685 2.43 6.69 ANA Hotel Mar 03 P 0.547 0.207L 1.14 0.4 L ASA Ceramic Mar 06 P 12.693
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    • 246 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 Republic H&R three-for-four@S1.00 Mar 22 Mar 27 NA MOIL
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    • 130 16 Company Place Date Time Wah Shing A Lotus Room, Level 4 Tower Wing Block Shangri-La Hotel 22 Orange Grove Road S'pore (*****0) Jun 24 10.00am ST Engg A E ST Board Room 51 Cuppage Rd 9th Floor Starhub Centre S'pore (*****9) Mar 31 2.30pm Sptndex Ind E 6
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    • 490 16 Payment (cts) Ex date Books close Pay date AP Breweries F 12.2 Feb 28 Mar 6 Mar 15 Amtek Engg 20c 1 0.8TE Mar 8 Mar 15 Mar 28 Avimo 20c F 4.75 Mar 6 Mar 13 Mar 28 Australand A50c a A3 Mar 2 Mar 9 Mar
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    • 192 16 Company Description Pentex Proposed share split of each ordinary shares of $0.10 each L&M Renounceable Rights Issue on the basis of one-for-four at $0.50 each. Econ Proposed Placement of 49,500,000 New Ordinary shares of S$0.20 each in the capital of Econ Intnl Ltd. TIBS Proposed Bonus issue of
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    • 1560 17 UNIT TRUSTS FUNDS «tarn. ***** Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.802 1.893 UK Blue Chip Fd!** 0.992 1.042 American Opport Fd 0.989 1.040 Continental Euro Eqty Fd 1.328 1.395 Japan Eqty Fd!** 1.521 1.598 Asian Fixed Income Fd 1.048
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    • 453 17  -  Calrose Gardens is on a huge 301,358 sq ft site; also up for grabs are two plots in Stevens Rd and Jin Buldt Merah Bn CORNELIA TAN THREE property sites are up for sale, including Calrose Gardens a massive 301.358 sq ft
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    • 424 17  -  Bv Bv DEXESH DJVYANATHAX WHILE Internet surfers in Britain can look forward to unmetered, subscription-free Internet access come mid-April. Singapore consumers may have to w-ait a while longer before possibly enjoying a similar service. This w*as the general response from the three local Internet Service
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    • 3862 18 Transaction «fete: Mar 10,2000 MULTI INDUSTRY 52-Wk Cv r 1 ?st Vo' :cy GrS Net Cap '.Vt Avq High tow Ccnr,cany Trpdec 5«!* +crCOO rich ow n.v% P/E Smii F-.ice 182 e< -.90.7 26 139 16C :40 7 6 *0 11.4 229 9 140 35
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    • 1176 19 52-Wh High LO* Cut Last Compart/ Traded Sale ♦orVo! '000 Day High LOW Gfs Div Net P/E M Cap $m.! Wt Avq Price MANUFACTURING 218 86 C AS Auto 10* 156 ♦13 1772 157 145 10 N 204.8 148 137 55 c ASJ Hidgs 20c 90 -2 2
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    • 1634 19 BONDS, LOANS WARRANTS 52 Hi-jO Law Jomsa i .ast Sa e ♦Or Vol '000 Oay Hi5" Low i-ast Olio- Buyer Seller Wt Av<j Price 104 2 5 'Acer W*****i JS$ 44 5 unc*. 346 44 5 44.5 44.5 45 80 16.5 s Acma W0 1 C1'24 30.2 -0.5 255 31.5
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    • 148 19 (9am, Mar 13' Buying 00 Sellmq Singapore dollars to one un of foreign current/ Australian dollar 1.0370 1.0590 Canadian dolia' 1.1610 1.1850 NZ dol.a0.8340 0.8520 Sterling poun' 2.6900 2.7180 US done 1.7040 1.71S 7 Singapore dollars to 100 uni s or .'ocfign curranc Austrian schiltm j 11.8'12.2: Belgian fran:
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    • 441 20  - Pidemco plans wireless’ buildings Bu COLIN TAN PIDEMCO Land will be the first property developer in South-east Asia to outfit its new-generation office buildings and luxury condominiums with wireless computer networks. Home owners and office tenants will be able to hook up their laptops and computers to a dedicated local
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    • 712 20  -  Plan to raise minimum balance to $l,OOO and impose fees on current accounts put on hold bu RAVI VELLOOR DBS BANK is holding; back for now from a ooid olan to raise the manaatorv minimum balances steepiv for POSBank account-nolders ana to charge
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    • 456 20  -  Revorts bv CHEE JANN PERNG IN AMSTERDAM THERE’S quite a bit of life, and profit, in physical mail in this era or e-mail, Singapore Post (Sing Post) feels. And it is ready to Drove this througn a tie-up with British Post Office ana
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  • Page 21 Advertisements
    • 960 21 The Straits Times Weekly Edition ::v¥ i ;v\ ss?■■*-■'■*. V' V'V' SYSTEMS ANALYST Polytechnic Diploma in Computer Studies or equivalent > Basic knowledge of PC and networking Basic knowledge of AS/400 desirable, though not essential Some knowledge of programming languages. eg. RPG. Cobal. etc. |^r Preferably have some basic understanding
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  • Page 22 Advertisements
    • 1099 22 SAP OPPORTUNITIES Melandas Casa Mobili is a premier organisation with more than 30 years of successful track record. Melandas Casa Mobili is a renowned market leader in total lifestyle furnishings and is an established fast growing local MNC with clientele manufacturing bases, retail outlets, franchises, galleries and marketing offices in
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  • FORUM
    • 120 23 Sinqapore-Cambridge A levels: To encourage an understanding of the nature and methods of literaiy study To encourage the interdependent skills of reading, anSysis and communication To encourage an appreciation of, and an informed personal response to, English Literature To encourage effective and appropriate communication NUS degree
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    • 1387 23 IT IS unusual for Cambridge to respond publicly to an item in an international newspaper. However, the article by Sandra Davie, “Open-book exams should not become window dressing” (The Sunday Times, Jan 16), re-printed in the ST weekly overseas edition of Jan 22, expresses such
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  • 31 24 VlcvV? WHAT VIEW? The view from the Sentosa cable cars was fuzzy on Tuesday, as parts of Singapore felt the effects of smoke haze from Sumatra. JOSE RAYMOND
    JOSE RAYMOND  -  31 words
  • 489 24  -  Singapore has been gearing up for the new economy for years with heavy investments in IT, education and retraining Bu CHUA MUIHOONG THE post-crisis Singapore economy is in transition, but is relatively well-placed to make it in the new economy. Singapore
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  • 516 24  -  in SUSAN LONG DUST off your face masks and prepare to strap them on again. Singapore may suffer a haze that is as bad as the one in 1997. Environment Minister Lee Yock Suan warned in Parliament on Thursday that with the coming dry spell,
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