The Straits Times : Weekly Overseas Edition, 22 April 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
    19 1 The Straits Times Weekly Edition Saturday April 22,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
    19 words
  • Article
    Lock icon S'pore to go big on life sciences
    484 1  -  It is an industry that may surpass the Internet in importance to the economy and is well-suited to the Republic, says DPM Tony Tan S!L SALMA KHALIK TAKING a gamble on “the ultimate venture-capital risk”, Singapore will be spending billions of dollars to
    484 words
  • Article, Illustration
    Lock icon Take note, this is a billion-$ deal
    223 1  -  BIL RAVIVELLOOR JUST how unconventional is Virgin boss Richard Branson? Take a look at the note which he scribbled to Singapore Airlines (SIA) Chief Executive Cheong Choong Kong, as they sat at separate lunch tables at London’s Four Seasons Hotel just before Christmas.
    223 words
  • Page 1 Advertisements
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  • PRIME NEWS
    • Article
      Lock icon Singapore is ranked No 2 again
      563 2  -  It retains its position for the sixth consecutive year, just behind US, even as Asian rivals lose ground World Competitiveness Report By JOHN ZAROCOSTAS IN GENEVA SINGAPORE has managed to stay as the world’s second-most-competitive country, after the United States, but other key East
      563 words
    • Article
      Lock icon Sexual abuse of children on the rise here
      321 2  -  NEARLY 200 CASES IN 1998 Zl BRAEMAMATHI THE number of reported cases of sexual offences against children has risen steadily in recent years, with almost 200 incidents detected in 1998. And in three out of 10 cases in 1998, the perpetrator was
      321 words
    • Article, Illustration
      Lock icon Local designer wins — twice in three days
      212 2  - Local designer wins twice in three days Bit ELISABETH GWEE WINNING can sometimes prove a little too much to handle, especially when one comes out tops in two contests in a span of just three days. Just ask Singaporean freelance fashion designer Shien Wee, 28. On Sunday night, she beat
      STEVEN LEE  -  212 words
    • Article, Illustration
      Lock icon LEAP OF FAITH:
      71 3 LEAP OF FAITH: If you enjoy the high of adrenaline rushes, you just might leap at the Übin Lagoon Resort’s new lifestyle attractions when it opens next month. The $25-million resort on Pulau Übin features adventure training within a resort setting. Located in the south-western tip of
      DESMONDFOO  -  71 words
    • Article
      Lock icon Singapore is one of the safest nations for business
      435 3  -  Crime not a major concern in business activity here. Survey finds S’pore is least affected by organised crime TAN 001 BOON IN VIENN A BUSINESSMEN from around the world have given Singapore the thumbs up for having a safe business environment
      435 words
    • Article
      Lock icon Bus, MRT, LRT fares to go up
      432 3  -  By LESLIE KOH able increase”, council chairman Eric Gwee pointed out that fare hikes were held back for the last three years, in view of the economic crisis. Public-transport fares have not gone up since 1997“If we had followed previous recommendations to make
      432 words
    • Article
      Lock icon More routes and better service
      310 3 BUS and train companies promise better service with the latest round of fare hikes, which are likely to bring in an estimated additional income of at least $60,000 a day for all the operators. Trans-Island Bus Services (Tibs) and Singapore Bus Services said they will
      310 words
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  • HOME
    • Article, Illustration
      Lock icon Water from the sea – at less than $1 for a cu m
      465 4  - Water from the sea at less than $1 for a cu m Falling cost plus greater private-sector competition can ensure cheaper desalinated water By SALMA KHALIK THE falling cost of desalinating water has made the production of good drinking water affordable, said Trade and Industry Minister George Yeo on Tuesday.
      CHUA CHIN HON  -  465 words
    • Article
      Lock icon NUS exam paper re-sit: Don steps down
      331 4  -  INQUIRY FINDS HUMAN ERROR TO BLAME b<l PAULINE LEONG THE head of the National University of Singapore’s pharmacology department has stepped down from his position, after an inquiry into an error in this year’s pharmacology examination paper. In a statement on Wednesday, the
      331 words
    • Article
      Lock icon Wall-less HDB flats to debut in Punggol 21
      419 5  -  By CINDY LIM The idea was to allow Singaporeans flexibility to re-model their flats as their needs changed. The minister, who heads an inter-ministry committee to review policies to help Singapore prepare for an ageing population, cited these flexi-flats as one way
      419 words
    • Article
      Lock icon SGX: No plans to set up separate tech board
      288 5  -  By IGNATIUS LOW THE Singapore Exchange (SGX) will not set up a separate technology board for the trading of higher-risk technology stocks, as it is not its role to distinguish, for investors, stocks with varying degrees of risk. “The setting up
      288 words
    • Article, Illustration
      Lock icon Lorong Ah Soo to be turned into a bustling arts mall
      480 5  -  To be completed by mid-2001, the 300-m stretch will play host to buskers and rock artistes By CINDY LIM SUBURBAN Aljunied will be transformed into a “Renaissance Town”. Buskers, rock concerts and street theatre will take over a new
      RANDYQUAN  -  480 words
    • Article, Illustration
      Lock icon Do you have $1.7m to spare? Can you afford to put on 1 kg?
      484 6  -  If you do, this diamond-studded gown, a highlight of the Great Singapore Sale, could very well adorn your wardrobe By KOH BOON PIN THIS is not just any little black dress. Not when it has 2,000
      484 words
    • Article
      Lock icon Higher yield for estates of minors
      503 6  -  Bn CHONG CHEE KIN YOUNG people who are not old enough yet to receive money from the estates of their dead relatives will now have it invested for higher returns by the authorities. This will mean more money for them once they reach the
      503 words
    • Article
      Lock icon NKF targets churches for organ pledges
      352 6  -  Bn PAULINE LEONG THE National Kidney Foundation (NKF) has taken its or-gan-donation campaign to churches. It hopes to ride on the Christian spirit of charity and sacrifice during this season of Good Friday and Easter Sunday to get more pledges from church members. It
      352 words
    • Article
      Lock icon Mendaki to provide free PCs to 2,000 families
      321 7  -  Bu LESLIE KOH WHEN he needs to use a computer for school projects, Ibrahim Omar, 13, will not have to walk over, to his friend’s house. Now, for the first time, his family has its own PC, and they got it free.
      321 words
    • Article
      Lock icon Ho pirate attacks in Singapore Straits: Watchdog
      402 7 But, the Indonesian waters and Malacca Straits are still the most dangerous in the world, says the International Maritime Bureau NO SHIPS were attacked in the Singapore Straits in the first quarter of the year, a drop from the 10 reported in the
      402 words
    • Article, Illustration
      Lock icon Taiwan movie wins Best Film award
      450 7  -  13TH SINGAPORE INTERNATIONAL FILM FESTIVAL *L HELMIYUSOF FLASHING his toothy grin, actor Chow Yun Fat braved press photographers from across the region outside the Westin Stamford ballroom on Friday evening last week. The 43-year-old leading man, whose regal air lent itself most fittingly to
      ENRIQUE SORIANO  -  450 words
    • Article, Illustration
      Lock icon This ITE mouse beat rivals from top JCs
      355 8  -  The programming skills of ITE Yishun students help their robotic mouse come out tops in the inter-school competition By SANDRA DAVIE THIS rat race was won by the underdog. A team of five students from the Institute of Technical Education Yishun beat
      SOMA TAN  -  355 words
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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 Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
      1,062 words
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  • SPORTS
    • Article, Illustration
      Lock icon Singapore's top sports parents
      1205 9  -  The unsung heroes behind the Republic’s No. 1 athletes give a glimpse of their hectic lives Bu CHAN TSE CHUEEN ONE was a banker, the other an accountant. Together, they produced three outstanding athletes, one of whom recently helped re-write a relay world record in swimming.
      1,205 words
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  • MALAYSIA
    • Article
      Lock icon Asia's best leaders: SM Lee, Mahathir
      797 10 In an interview, Tan Sri Muhammad Taib also says that Dr Mahathir could become a Senior Minister like Mr Lee What Umno Vice-President Says KUALA LUMPUR Singapore’s Senior Minister Lee Kuan Yew and Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad are Asia’s greatest
      797 words
    • Article
      Lock icon KL buys Turkish armoured vehicles
      504 10 Reuters, Bernam a ANKARA Turkey has signed a US$3OO million (Ssslo million) deal to sell Malaysia 211 armoured vehicles, its largest ever military export order, the Defence Ministry said on Tuesday. The sale of the armoured personnel carriers to Malaysia, which will locally produce some
      Reuters,; Bernam a  -  504 words
    • Article, Illustration
      Lock icon CONMAN CAUGHT:
      65 10 CONMAN CAUGHT: An Indonesian man’s “lucky magic stone” scam brought him bad luck. After he failed to convince an Indonesian woman into believing it could help multiply her jewellery, he ran straight into the arms of several pressmen and members of the public who answered the woman’s calls
      THE SUN  -  65 words
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon 131 die in air crash
      131 11 MANILA A Philippines airliner, packed with Easter holidaymakers, crashed and burst into flames on its final approach to the resort city of Davao on Wednesday because the pilot tried to land the Boeing 737-200 jet from the opposite direction, said aviation authorities. This fatal decision
      ENRIQUE SORIANO  -  131 words
    • Article
      Lock icon S’porean weathers tough conditions in Vietnam
      380 11  -  IRENE NG IN HO CHI MINH CITY A MAZE. A slide, and the occasional dark tunnel. That is generally the regulatory conditions which sometimes greet foreign businessmen in Vietnam, but for one Singapore businessman at least, these stuff are his lifeline. Mr Ricky Tan,
      380 words
    • Article
      Lock icon Protesters break into Estrada's palace grounds
      264 11 MANILA Tension gripped presidential palace security men after demonstrators criticising the Estrada administration’s foreign debt policy breached the palace security perimeter. No arrests, however, were reported after members of the Freedom Debt Coalition voluntarily dispersed some 20 minutes after catching security men by surprise
      264 words
    • Article
      Lock icon Manila has not learnt from its tragedies
      514 11  -  Despite the disasters and probes every year, efforts to improve travel safety have been lacklustre LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA Despite the cycle of air, sea and land travel tragedies that befall the Philippines each year, not much seems to have been done
      514 words
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  • COMMENT
    • Article
      Lock icon Tap home talent
      608 12 TUESDAY April 18,2000 THE air these days is thick with management vogue breaking mindsets, reverse engineering, creative destruction, thinking out of the square. There is a rush towards “creating value”, as if someone had the idea that adding value has become a losing proposition. And that hoary
      608 words
    • Article
      Lock icon Life after the Net
      584 12 THURSDAY April 20,2000 SINGAPORE’S plan to ride the next big wave in commercial applications of science, that of the life sciences, is daring but achieveable. Daring because, on a universal scale, the scope is immense from probing the mind and the genetic code, to drug research
      584 words
    • Article, Illustration
      Lock icon Snakes and ladders on the phone
      718 12  -  SECOND LAST WORD By SIACHEONGYEW IN THIS age of the Internet, when connections and communications between two or more parties are becoming speedier by the day, there is one system here that seems to be bucking the trend. Try telephoning any large organisation on
      NOEL ROSALES  -  718 words
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  • COMMENT PERSPECTIVE
    • Article
      Lock icon Isn’t it time we abolished our archaic sex laws?
      978 13  -  MY VIEW By GEOFFREY PEREIRA WHAT do artificial insemination, contraception, genetic engineering as well as anal and oral sex have in common? They are all “acts against the order of nature” because they cause events that nature would not, or they
      978 words
    • Article
      Lock icon Where are the voices of our intellectuals?
      1155 13  -  THINKING ALOUD By IRENE NG BUT why? Why should I change my mindset for the new economy? Why should I want to make all the painful changes asked of me? And all this talk about creative destruction it is enough to make me
      1,155 words
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  • INSIGHT
    • Article, Illustration
      Lock icon Just where have all the patients gone?
      2409 14 More and more patients are seeing specialists rather than general practitioners these days. What ails the family physician? SALMA KHALIK takes the pulse and gives her diagnosis. THE family physician was once considered the epitome of medical wisdom. He would be the person
      CHEW SENG KIM; WONG KWAI CHOW  -  2,409 words
    • Article
      Lock icon Japan must say ‘No’ – to Shintaro Ishihara
      771 15  - Japan must say ‘No’ to Shintaro Ishihara LAST WEEK IN POLITICS By ASAD LATIF TOKYO Governor Shintaro Ishihara has a way with history. Which way will Japan go in the future? In a speech to troops over the weekend, the fervent nationalist said: “Atrocious crimes have been committed again and
      771 words
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  • MONEY
    • Article
      Lock icon Market recovers after Monday's plunge
      311 16  -  LeongChanTeik THE collapse of Singapore stocks on Monday was followed with a recovery in the following days which recoup a chunk of the losses. Investors were unnerved by the previous Friday’s Wall Street plunge and dumped Asian stocks. The market rout hurt not just investors.
      311 words
    • Article
      Lock icon DAY-TO-DAY STOCK INDICES
      78 16 Straits Tines Index The Straits Times Index dropped 109.49 points on the week to 2,080.27. DAY CLOSE TURNOVER Monday 1,999.39 (-190.37) 456 m ($1 b) Tuesday 2,007.17 7.78) 329.2 m ($774.9 m) Wednesday 2,058.91 51.74) 294 m ($667 m) Thursday 2,080.27 21.36) 207.4 m ($516.6 m) Friday
      78 words
    • Article
      Lock icon CORPORATE RESULTS
      1971 16 Net earn EPS Date TY LY TY LY Company ann (sm) <sm) (cts) (cts) ABR Hldgs Mar 21 P 4.370 1.452 1.87 1.03 ACE Dynamics Mar 23 P 0.797 0.758 0.90 0.99 Allgreen Mar 22 P 97.189 261.671 10.1 36L Amara Hldgs Mar 28 P 2.252 2.122 0.39
      1,971 words
    • Article
      Lock icon APPROVED ISSUES
      214 16 BONUS ISSUE Ex- Books Acc Company Ratio date close Paymt First one-for-one May 22 May 25 NA Engg Sembcorp one-for-one Apr 19 Apr 25 NA Marine TIBS one-for-two Apr 04 Apr 07 NA RIGHTS ISSUE Ex- Books Acc Company Ratio date close Paymt Republic three-for-four@Sl.oo Mar 22 Mar
      214 words
    • Article
      Lock icon COMPANY MEETINGS
      157 16 Company Place Date Time Wah Shing A Lotus Room, Level 4 Jun 24 10.00 am Tower Wing Block Shangri-La Hotel 22 Orange Grove Road S'pore (*****0) Keppel Tat A Board Room May 31 10.30 am Lee Bank Keppel Tat Lee Bank 6th Storey Keppel Towers 10 Hoe Chiang
      157 words
    • Article
      Lock icon PROPOSED ISSUES
      44 16 Company Description Roly Proposed private placement of 15,000,000 new Ord shares of US$O.lO each in the capital of Roly Inti at $0.2592 per placement share. GE Hldgs Proposed sub-division of each ordinary share of $l.OO into two ordinary shares of $0.50 each
      44 words
    • Article
      Lock icon DIVIDENDS ANNOUNCED
      1212 16 Payment Ex Books Pay (cts) date close date Acma 50c F 1.25 Jul 7 Jul 12 Jul 28 Allgreen 50c F 2.5 Jun 5 Jun 8 Jun 27 AuricPac 50c F 2.68 May 3 May 8 May 23 Berger Intl2sc b 0.125 Jun 15 Jun 20 Jul 3
      1,212 words
    • Article, Illustration
      Lock icon Catcha.com heads towards S-E Asia
      544 17  -  Regional website and search engine is going for its initial public offer, just nine months after it first went ‘live’ By DENESH DIVYANATHAN Bu and LEE SUSHYAN LAST July, many would have written it off as just another Internet start-up with a bright idea and
      Source: CATCHA.COM; G. CHANDRADAS  -  544 words
    • Article
      Lock icon JTC releases up to 60% more land
      259 17 INDUSTRIAL LAND SINGAPORE’S largest industrial landlord, Jurong Town Corporation (JTC), has released more land this year some 40-50 hectares. This is 30 per cent to 60 per cent more than what it released last year. JTC said the increase in industrial land, which
      259 words
    • Article
      Lock icon SGX SECURITIES TRDG: MAIN BOARD
      4508 18 Transaction date: Apr 20,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr*s Net M Cap Wt Avg High Low Company Traded Sale +or- 'OOP High Low Div P/E smil Price 182 92.5 me Acmasoc 123 cd -2 50 123 121 5 15.4 203.5 127 84
      4,508 words
    • Article
      Lock icon SGX SESDAQ
      1194 19 52-Wk Curr Last Vol Day Gr's Nat M Cap Wt Avg High Low Company Traded Sale +or- ’OOP High Low Piv P/E Smil Price MANUFACTURING 218 100 C *AS Auto 10c 145 +4 477 145 140 10 N 190.4 148 137 65 c ASJ Hldgs 20c 89 +3
      1,194 words
    • Article
      Lock icon BONDS, LOANS & WARRANTS
      1607 19 BONDS, LOANS WARRANTS Transaction date: Apr 20,2000 52-Wk Last Vol Day Last Quote Wt Avg Hiqh Low Company Sale +or- 'OOO Hiqh Low Buyer Seller Price 80 18 S Acma W *****4 18 -1 8 18 18 17.5 18 19 59 14.5 s All Tech WOlOBO7 18 187 15 16
      1,607 words
    • Article
      Lock icon Younger stalwarts at the helm of three banks
      431 20 UOB, OUB, OCBC are retiring long-serving directors in their 70s andBos in a self-renewal exercise SINGAPORE’S three familycontrolled banks are finally bowing to the call for self-re-newal and are retiring a total of 10 long-serving directors who are now in their 70s,
      431 words
    • Article
      Lock icon S'pore retail sales fall 35 per cent
      155 20 SINGAPORE’S retail sales dropped 33.8 per cent in February from the previous month, driven largely by a significant 50.7 per cent fall in sales of motor vehicles. “Almost all retail activities reported lower sales in February 2000 compared to the previous month,” said
      155 words
    • Article, Illustration
      Lock icon Stepping down
      80 20 OCBC 74 ar Tan Puay Yong ■mp years I 3° |d Tang 1-Fang 78 ar Choi Siew Hong 78 sr Teo Cheng Guan UOB years Richard Eu 81 IT Tan Keong Choon 82 ofd rs Wee Chong Jin OUB <7j years |4 old Tan Teck Khim 8(f" rs
      G. CHANDRADAS  -  80 words
    • Article
      Lock icon New SGX chief goes trend-spotting
      563 20  -  By IGNATIUS LOW MR TOM Kloet, the longawaited new chief of the Singapore Exchange (SGX), is not on a fixed-term contract and intends to continue at the helm for as long as he is enjoying his new leadership post and shareholders want him there. “I
      563 words
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  • Page 19 Advertisements
    • Advertisement
      Lock icon Page 19 Advertisements Column 1
      37 19 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. So» CATS. Another Classified Service Buy It. Sell It. Find It. Classified. v~\ On CAT.S. Call Today For Results Tomorrow. 1800-737-1166
      37 words
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  • Page 21 Advertisements
    • Advertisement
      Lock icon Page 21 Advertisements Column 1
      1189 21 V o M jt The Straits Times Weekly Edition Singapore Badminton Association 102 Guillemard Road #O3-04 Singapore *****9 Invites applications for the post of Chief Executive Officer 1. Qualifications Tertiary degree preferably in sports management 3to 5 years management experience and financial administration Keen interest in badminton and experience in
      1,189 words
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  • Page 22 Advertisements
    • Advertisement
      Lock icon Page 22 Advertisements Column 1
      984 22 If you can spot this placement this may be the right job for you. If you are bi-lingual in English and Chinese, and would like a steady job in a fast-paced environment, this is the post for you. The Translation Desk of the Straits Times is looking for TRANSLATORS to
      984 words
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  • FORUM
    • Article, Illustration
      Lock icon Workers must know -why, -how, -whom
      487 23 I REFER to the implications of the new economy. At the individual-worker level, the most significant impact of the new economy could be that concepts like “job security” and “lifelong employment” are taking on new meanings. The traditional view of career development involves movement
      LUDWIG ILIO  -  487 words
    • Article
      Lock icon Yes, our sex laws really need updating
      142 23 HOW correct of Geoffrey Pereira to say in his column, “Isn’t it time we abolished our archaic sex laws?” (ST Weekly, Page 13). He said that if Chapter 224, Section 377 is followed to the letter, many couples, including sex therapists, would be
      142 words
    • Article
      Lock icon Men still doing the bulk of dirty work
      354 23 I REFER to the article, “More women enter all-male areas” (ST, April 14). First, why should corporate management, engineering and information technology be regarded as male domains to which entry by women draws comment? Second, it has long ceased to be a
      354 words
    • Article
      Lock icon Gender roles not quite that simple
      321 23 CAN I relieve Mr Wong Hoong Hooi of his familiar impulse to harangue whoever dares to portray women as being disadvantaged by men? His letter, “Men still doing the bulk of dirty work” (ST, April 17) lambasts a Straits Times article that celebrated a
      321 words
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  • Article, Illustration
    Lock icon General Election in 2002 and I may step down after that, says PM Goh
    550 24  -  Quashing rumours on early elections, he says the Govt will be offering attractive programmes this year and next By CHUALEE HOONG IN HONGKONG THE next General Election will be in 2002, Prime Minister Goh Chok Tong
    550 words
  • Article, Illustration
    Lock icon CRANE TOPPLES:
    60 24 CRANE TOPPLES: The boom of a crane from a North-East MRT line construction site at Sennett Estate crashed onto two houses in the Upper Serangoon Road area on Friday morning last week. No one was hurt in the accident, which happened at around 11.40 am in Pheng Geek
    JOSE RAYMOND  -  60 words