The Straits Times : Weekly Overseas Edition, 6 May 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 16 1 The Straits Times Weekly Edition Saturday May 6,2000 Price: S$ 1.20 (in Singapore) only MITA 074/08/99
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  • 608 1  -  To house 5.5 m people, the total number of homes mav double to 1.8 million units, up from the one million for the 3.9 m people now CHUA MUIHOONG SINGAPORE will need another 800,000 dwelling units to accommodate a projected population of 5.5 million by 2040.
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  • 446 1  - Flower pot from HDB block kills girl 5 ii KRIST 800 A FLOWER pot falling from a Housing Board block of flats landed on the head of a five-year-old girl last Sunday, killing her. The girl, who was walking back from the market with her aunt and older sister, was
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  • Page 1 Advertisements
    • 60 1 Vehicles Traffic Rules for Übin Pulau Übin motorists will need to get driving licences, send their vehicles for checks and pay road tax. But they are exempted from COE. page 4 V s *s*** 5 Olympic Watch 10 Headed For Sydney The Singapore National Olvmpic Council approved 10 late nominees
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    • 2 1 *****1 *****6
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  • PRIME NEWS
    • 556 2  -  St CHONG CHEEKIN A SIX-YEAR-OLD boy caught in a tussle between his Danish father and Singaporean mother has gone missing. The father, Mr Jens Thorsen, 49, has reported to police that his ex-wife snatched the boy from his home in Denmark last week. The Singaporean
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    • 273 2  -  »2. TAN 001 BOON WORKERS’ Party chief J.B. Jeyaretnam was declared a bankrupt by the High Court yesterday after he failed to settle a $30,000 debt which arose from a defamation suit. As the bankrupt order is in force, it means that he has lost his
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    • 502 2  -  More outlets being added for the first time in 14 years to help shorten queues and discourage illegal betting KARAMJIT KAUR PEOPLE hoping to be instant millionaires can look forward to shorter queues when Singapore Pools opens 50 new betting outlets islandwide soon.
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    • Article, Illustration
      535 3  -  Text: KARAMJIT KAIR A chopper-wielding man caused a panic at a food centre on Saturday. He turned out to be a wanted man who had escaped from police custody. On the run Ng Kok Hong 27, hijacked a slow-moving lorry on the highway and killed a motorcyclist during
      Graphics: CHRISTIAN INTON and JALEHA HASHIM  -  535 words


  • HOME
    • 500 4  -  They will need to get driving licences, send their vehicles for checks and pay road tax. But they are COE-exempt By LESLIE KOH PULAU Übin, long exempt from mainland Singapore’s traffic rules, will soon lose that status, the Land Transport Authority (LTA) announced
      CHEW SENG KIM  -  500 words
    • 443 4  -  §IL EDMUND TEE SOME Internet users here have fallen for a “free pornography” scam that has left them facing huge international phone bills. About 10 victims here are refusing to settle their Sing Tel IDD bills of up to $l,OOO, a Sing Tel spokesman
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    • 432 4  -  Speakers’ Corner St. ANDV HO PEOPLE w'ho w r ant to have their say at the Speakers' Corner in Hong Lim Park can publicise their talks in advance, said the Ministry' of Home Affairs. Responding to queries from The Straits Times, it said
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    • 250 5 ELDERLY people and those who are frail or have other illnesses may need antibiotics, even when they are not suffering from any bacterial infections. This is to prevent them from succumbing to such infections as their health can deteriorate very quickly when infected. Because the symptoms
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    • 405 5  -  POSB MINIMUM SUM FEE Bij TRACY QUEK and MUHAMMAD AZHAR KHALID HELP is on the way for residents in the North East district who cannot cope with the new POSBank charges. The North East Community Development Council (CDC) has come up with a
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    • 537 5  -  If they do not, the drugs will become totally ineffective and more dangerous drug-resistant superbugs will emerge SALMA KHALIK DOCTORS have been told by the Health Ministry to stop prescribing antibiotics too lyIf they do not do so, the drugs will become totally ineffective
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    • 559 6  -  Sinapore economy must grow by more than 5 per cent each year for this to happen, says Prime Minister Goh PM GOH CHOK TONG’S MAY DAY RALLY SPEECH iIL AHMAD OSMAN THE CPF cut for workers made last year can be
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    • 483 6  -  Bil LESLIE KOH THE Government will not armtwist DBS Bank into dropping the charges it plans to levy on account holders, but will look into letting people transfer their CPF savings into their bank accounts to maintain the minimum sum required. It will
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    • 505 6 THE debate on compulsory education in the Malay-Muslim community has taken a wrong turn, said Prime Minister Goh Chok Tong on May Day. The issue is not the future of the six full-time private madrasahs, or Islamic religious schools, as raised by Pergas, the
      LAU FOOK KONG  -  505 words
    • 404 8  -  Worried about the sick animals at the shelter, its creator wants to meet the land’s new owner and discuss the creatures’ fate Bij MANASI RAJAGOPALAX THE creator of the Noah’s Ark Lodge, which shelters 500 domestic animals, fears for the lives of his many-legged
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  • Page 7 Advertisements
    • 226 7 Missing MUMMY This MOTHER'S Day? http://www.myflowers.net Let My Flowers help you express your feelings. That special day of the year is upon us one where we set aside to honour and appreciate our mother for all that she has done for us. Let MyFlowers help you show your mum how
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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 Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • 621 9  -  In a surprise move, the SNOC announced that 10 late nominees were accepted for Olympics but approval for four remain on hold Oil CHAN TSE CHUEEN THE Singapore National Olympic Council sprung a couple of surprises last week when it approved 10 athletes for the
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    • 291 9  -  Sa TAY CHENG KROON WHAT does a Head of State do when he gets a rare day off from his busy schedule? Well, if he is President S.R. Nathan, he would go watch a S-League match. According to Football Association of Singapore president Mah
      TAN SUAN ANN  -  291 words

  • MALAYSIA
    • 409 10 He denounces what he calls 'political persecution using the courts’ and vows to challenge decision in the highest court -AFP KUALA LUMPUR Malaysia’s former Deputy Premier Anwar Ibrahim last week lost his appeal against a six-year jail sentence for abuse of power but denounced
      -AFP  -  409 words
    • 361 10 PETALING JAYA A restaurant owner, reported missing by her husband on Tuesday, has been found dead in her car in Taman Puchong Intan. Fauziah Hassan, 41, is believed to have been murdered late on Monday. Sources said a love letter, dated March 7, had
      SIN CHF.W JIT POH/ASIA NEWS NETWORK  -  361 words
    • 309 10 MALACCA A businessman and his sister are pining for their spouses who left their homes to be together with each other. Both Mr Ng Meng Seng and his sister, Bee Choo, a seamstress, hope their spouses who left last October will return to the
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  • SOUTH-EAST ASIA
    • 235 11  -  B U ENRIQUE SORIANO INJOLO SOUTH African hostage Monique Strydom asked me to do her a favour when we met. She wanted me to send a letter to her worried family back home. She grabbed a piece of paper and scribbled a two-page note which
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    • 490 11  -  Abu Sayyaf guerillas are ‘tryingto divide attention of the military’, as soldiers close in on their hideout in Jolo LUZ RAGUIORO IN MANILA and YEOH EN-LAI INJOLO JOLO Abu Sayy af guerillas holding 21 hostages on Thursday split them into five groups, as the
      ENRIQUE SORIANO  -  490 words

  • COMMENT
    • 571 12 SATURDAY April 29,2000 THE management of DBS Bank should not be surprised, nor act injured, over the ferocious reaction to its plan to raise charges for routine POSBank account services. Big business can get unsentimental. When small POSBank savers and those locked into the system by
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    • 565 12 TUESDAY May 2, 2000 IN My Fair Lady, the film that became a standard for legitimate spoken English, the crusty old tutor Hemy Higgins huffed that “in America, they haven’t spoken English for years”. It is now some 35 years on. In inner-city America, the English heard then
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    • 872 12  -  SECOND LAST WORD ALAN JOHN YOU’VE got kids? Then you’ve got homework. And you’ve got viruses and assorted bugs that will suck away the nice long weekend you were looking forward to. This time it was our son, admitted to hospital with
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  • COMMENT • PERSPECTIVE
    • 1096 13  -  MY VIEW By TAN 001 BOON IF THE Singapore authorities had given in to the demand from some quarters to stop using one of the most powerful weapons in their arsenal, triads and other crime groups would have ruled the streets today. I
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    • 1066 13  - Thanks for the efficiency, Mr Taxman, but THINKING ALOUD BiJ SONNY YAP IF WE can pin a pingat on a government agency for world-class efficiency at this time of the year, it must surely go to the Inland Revenue Authority of Singapore (Iras). The breathtaking sophistication and speed with which
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  • INSIGHT
    • 1961 14 Homegrown giants SI A and Sing Tel may be stars at homebut when they venture overseas, they are often viewed with suspicion. Foreigners think these companies 7 r o r have a political agenda because the Singapore Government owns a majority stake
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    • 962 14  -  LAST WEEK IN POLITICS B,j ASAD LATIF IN HIS speech at a dinner organised by the Indian community in his honour on Sunday, President S.R. Nathan made an important point. He thanked the organisers for the sensitivity with which they had timed the celebrations, a little
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    • 291 15 TIME FOR POLICYMAKERS TO GIVE WAY TO FREE-MARKET FORCES The Government has to do something to stop people from calling these companies GLCs. That means getting to a stage yyhere the Government no longer has a controlling interest in them. All of
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  • MONEY
    • 362 16 THE Singapore stock market went through a quiet trading week amid a dearth of fresh leads both at home and overseas to provide directions. Institutions also continued to stay out of the market ahead of the US Federal Reserve meeting on May 16 to
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    • 78 16 Straits Tines Index The Straits Times Index fell 45.75 points on the week to 2,118.36. DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday 2,166.85 2.74) 2,145.23 21.62) 2,120.80 24.43) 2,118.36 2.44) 391.9 m ($531.5 m) 432.1 m ($492.7 m) 318.6 m ($423.5 m) 696.8 m ($544.4 ra)
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    • 1851 16 Company Date arm Net earn TY LY ($m) <$m) EPS TY LY (cts) (cts) ACE Dynamics Mar 23 P 0.797 0.758 0.90 0.99 Allgreen Mar 22 P 97.189 261.67L 10.1 36L Amara Hldgs Mar 28 P 2.252 2.122 0.39 0.37 Asia Food Mar 27 P 37.042 140.927 3.58
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    • 204 16 BONUS ISSUE ExBooks ACC Company Ratio date close Paymt Amtek one-for-four May 12 May 17 NA First Engg one-for-one May 22 May 25 NA RIGHTS ISSUE ExBooks ACC Company Ratio date close Paymt Raffles Medical three-for-ten @$0.10 May 15 May 19 NA OTHERS ExBooks Acc Company Ratio date
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    • 153 16 Company Place Date Time ST AssemblyA 5 Yishun Street 23 S’pore (*****2) June 8 10.00am Keppel Tat Lae Bank A Board Room Keppel Tat Lee Bank 6th Storey Keppel Towers 10 Hoe Chiang Rd S’pore(*****5) May 31 10.30am Eastern Pub E 8 Lorong Bakar Batu #07-12 Centre (*****3)
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    • 53 16 Company Description Koh Brothers Proposed a bonus issue of up to 289.495.000 new Ord shares of $0.10 each in the capital of the company on the basis of one for one SC Global Proposed share spilt of each existing ordinary share of $1.00 each into two ord shares
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    • 1197 16 Payment (cts) Ex date Books close Pay date Acma 50c F 1.25 Jui 7 Jul 12 Jul 28 Allgreen 50c F 2.5 Jun 5 Jun 8 Jun 27 AuricPac 50c F 2.68 May 3 May 8 May 23 Berger Intl25c b 0.125 Jun 15 Jun 20 Jul 3
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    • 1630 17 UNIT TRUSTS FUNDS May 6,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mot Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.374 1.444 UK Blue Chip Fd!** 0.908 0.955 American Opport Fd 1.074 1.129 Continental Euro Eqty Fd 1.226 1.289 Japan Eqty Fd!** 1.615 1.697 Asian Fixed Income Fd 1.020
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    • 921 17  -  Latest figures released by the URA and HDB point to a price consolidation that is in linewith expectations 81l COLIN TAN FORGET the exuberance of last year, when home prices rocketed. Private and public housing prices are consolidating, going by first quarter
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    • 4049 18 Transaction date: May 5, 2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr’s Net M Cap Wt Avq Hiqh Low Company Traded Sale ♦or000 Hiqh Low Div P/E $mil Price 182 84 190.7 95 26 18.5 140 cd -6 470 146 139 5 17.5 242.9
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    • 1216 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol 000 Day High Low Gr's Div Net P/E M Cap $mii Wt Avg Price MANUFACTURING 218 100 c AS Auto 10c 144 -i 140 147 143 10 N 189.1 146 137 67 c ASJ Hldgs 20c 90.5 3.8 13.5
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    • 1711 19 BONDS, LOANS WARRANTS Transaction date: May 5,2000 52-Wk High Low Company Last Sale ♦orVol 000 Day High Low Last Quote Buyer Seller Wt Avg Price 80 17 s Acma W*****4 32 -4.5 586 36 32 32 32 .5 32 59 9 .5 s AIITech W*****7 9.5 -8.5 231 16 9.5
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    • 144 19 (9am, May 5) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0120 1.0380 Canadiandoilar 1.1390 1.1630 NZddMar 0.8370 0.8590 Sterling pound 2.6320 2.6730 US dollar 1.7140 1.7250 Singapore dollars to 100 units of foreign currency Austrian schilling 11.00 11.30 Belgian franc 3.760 3.850 Chinese
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    • 523 20  -  Bit NICHOLAS FANG BUILDING your dream home, designed and fitted to your needs, is fast becoming a reality as developers fight to find buyers in a slow-to-grow private residential market. At least two developers have introduced customisation of private apartments in what analysts see as
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    • 436 20  -  New SGX chief executive announced the move, which will let share broking firms trade in futures and vice versa IGNATIUS LOW THE new chief executive of the Singapore Exchange (SGX) set pulses racing on Wednesday as he tantalised members with the prospect of bigger profits
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    • 424 20  -  St TAMMY TAN THE calling party pays (CPP) system, which has taken much of the telecommunications world by storm, will not be introduced here after all. This is because the “costs of any change would likely outweigh any potential benefits for both
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  • Page 21 Advertisements
    • 823 21 The Straits Times Weekly Edition APPOINTMENTS Land TransportC^Authority The Land Transport Authority is offering the opportunity for forward-thinking professionals to grow and advance with us as we shape the future of the transport industry in Singapore. MANAGER (Corporate Communications) A high-level appointment that challenges you to spearhead corporate communications policies
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  • Page 22 Advertisements
    • 880 22 Keppel Tat Lee Bank As a dynamic and fast growing Bank committed to providing quality banking services, we can offer you a challenging career. We would like to invite young promising graduates to apply for the following position: Career for Fresh Graduates Information Technology Officers You will participate actively in
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  • FORUM
    • 559 23 THE report, “Is it time to sell Singapore’s prized assets?” (ST, April 29), brought home the perception problems that arise from significant government ownership of companies. Although the Government has emphasised that government-linked companies (GLCs) are run independently, at the end of
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    • 155 23 IT IS with much sadness that I read about the little girl killed by a falling flower pot. Since my return to Singapore in September, I have observed the resurgence of this dangerous practice of placing items outside Housing Board flats with total disregard for
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    • 167 23 I WAS struck by profound guilt when I learnt about the five-year-old girl who was killed by a falling flower pot from a flat in Kent Road. For years, I have observed Housing Board residents lining their parapets or ledges with flower pots but I did not
      TAN SCAN ANN  -  167 words
    • 520 23 I REFER to Mr Patrick Ang’s letter, Cab-fare hike isn’t justified (ST, May 2). My father is a taxi driver and so are my three uncles. They have been taxi drivers since we moved from our “kampong” to housing estates. Having no other
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    • 164 23 I AM a public-transport user who will be affected by the increases in MRT and bus fares. The impending hikes are justified as the operating costs for both modes of transport have increased, as the relevant authorities have explained. However, in the case of taxi fares,
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  • 549 24  -  Those with only one account won’t have to pay new charge for now; others pay from June By] IGNATIUS LOW A MILLION customers of DBS Bank and POSBank, who %ach have a single savings account containing less than $5OO, will have the monthly fall-below
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  • 405 24  -  §IL LIANG HWEE TING ASTHMA cases here have doubled over the past decade, said the Singapore Asthma Association (SAA). About 140,000 Singaporeans have asthma now and about 150 die from it annually. While 5 to 8 per cent of the present adult population are
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  • 55 24 MERLION ON THE MOVE l The Merlion will be packing its bags and moving to a new home next to One Fullerton, opposite The Fullerton hotel, two years from now. The Singapore Tourism Board hopes the new location will be a venue for concerts and a
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