The Straits Times : Weekly Overseas Edition, 20 May 2000
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2000-05-20
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The Straits Times : Weekly Overseas Edition
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Title Section19 2000-05-20 1 The Straits Times Weekly Edition Saturday May 20,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/9919 words
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Article, Illustration553 2000-05-20 1 TAMMY TAN - Forget C&W HKT and Time dot Com. Sing Tel stuns with a surprise marriage with Richard Branson’s Virgin, to provide cellular and Internet services TAMMY TAN IT WAS a marriage announcement to beat all marriage announcements. And for the “guests” 20 bewildered reportersLIANHE ZAO BAG - 553 words
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427 2000-05-20 1 Bi/ NARENDRA AGGARWAL - STAR PERFORMANCE BY WHOLESALE AND RETAIL TRADE AND MANUFACTURING Bi/ NARENDRA AGGARWAL SINGAPORE’S economy expanded by a surprisingly high 9.1 per cent in the first quarter of the year its best performance in 2V2 years. The fast pace of growth w as propelled by427 words
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Page 1 Advertisements
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Advertisement67 2000-05-20 1 M E Memory Fails After Coma Mr Wong Boon Cheng, the LTA officer found unconscious at Changi Airport in March, is finding it hard to recollect much of his past. page t S l T II E A STASIA One Man Puts Brunei In A Fix Accused of squandering state67 words
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PRIME NEWS
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Article, Illustration698 2000-05-20 2 Crazy artistes just have to put up with 'em Placing its bet on venture funds in California, tolerating “crazy artistes” along with the truly creative, and no-pay leave for civil servants having a go at start-ups... These are just some of the Government’s new moves cited by Senior Minister LeeMIKE M DIZON Photos: GEORGE GASCON - 698 words
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458 2000-05-20 2 LAUREL TEO - ĔIL LAUREL TEO GIVE employers incentives to pav bonuses in the form of unit trusts or other investment products, so w orkers can build up more savings in the long-term. This is a suggestion the National Trades Union Congress will discuss with458 words
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495 2000-05-20 3 KOH BOON PIN - IT IS LOOKING AT $6-BILLI0N AIRBUS DEAL By KOH BOON PIN SINGAPORE Airlines could be the first airline in the world to operate a 555-seater A3XX, touted as the next generation of jumbo jets, in a package worth US$3.6B billion (556.3 billion).495 words
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Article, Illustration508 2000-05-20 3 Bi) DEXESH DIVYAXATHAX - The nation is beginning to see signs of structural unemployment as it wades into the new economy By Bi) DEXESH DIVYAXATHAX SINGAPORE is starting to see signs of structural unemployment, a painful phenomenon in which there is a mismatch between the jobs and skills508 words
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Article, Illustration544 2000-05-20 3 ELENA CHONG - *L ELENA CHONG AMERICAN cocoa trader Denis Matthew Harte wants more than 52.4 million from a doctor and Gleneagles Hospital for allegedly botching an operation that left him with testicles the size of a child's. His lawyer toldCHEW SENG KIM - 544 words
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HOME
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Article, Illustration423 2000-05-20 4 DEBBIE GOH - I don’t know who whacked me, or why, says Scot who suffered a skull fracture on being hit from behind By DEBBIE GOH A SCOTTISH oil engineer who went drinking with friends in Boat Quay is now in hospital withTAN SCAN ANN - 423 words
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204 2000-05-20 4 RELIGIOUS faiths and organisations, together with the family, community and civic groups, have to strive to fill the vacuum created by faceless computer terminals and impersonal interactions. President S.R. Nathan said this on Thursday night at the Vesak Day celebrations at the Singapore Indoor Stadium204 words
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Article, Illustration32 2000-05-20 4 AZIZ HUSSIN A-FISH-lONADOES: If people were fish, it would have been fin-to-fin at the Great World City shopping centre on Thursday, where crowds thronged an aquatic show and competition. AZIZ HUSSINAZIZ HUSSIN - 32 words
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262 2000-05-20 4 TAN 001 BOON - S!L TAN 001 BOON JUNIOR officers in the Ministry' of Home Affairs' uniformed units will soon have more promotion opportunities under a new r career scheme, starting July, which rewards specialist skills. Not only that, these officers of ranks such as sergeants and262 words
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396 2000-05-20 4 CHONG CHEE KIN - «it CHONG CHEE KIN A PRE-DAWN raid on unfinished Housing Board blocks at Sengkang on Sunday netted six iilegal immigrants who had made the flats their home raising the question of whether more such flats are being used as hideouts. Mr396 words
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430 2000-05-20 5 Time is running out for another 10 women who are still living here on social-visit passes NINE foreign women married to Singaporeans have been repatriated because they have the Human Immunodeficiency virus (HIV), which causes Aids. And time is running out for another430 words
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503 2000-05-20 5 JL LYN KANG - ĔIL JL LYN KANG WHEN the new 7 university 7 term starts in July, the law faculty 7 in the National University of Singapore (NUS) will be without six experienced lecturers, who have handed in their notice. Four have503 words
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Article, Illustration450 2000-05-20 5 ALETHEA LIM - Bn ALETHEA LIM A FIVE-YEAR-OLD girl suffered about two months of cruel abuse by her mother and stepfather, and it put her in hospital for 16 days. Housewife Ratnah Yusof, 29, bit her child's stomach and feet. She also punched herDARKEN SOH - 450 words
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280 2000-05-20 5 MADAM Masnah Yusof was sad and shocked when she found bruises all over the child she looked after. She said on Wednesday: “I've never beaten the child. It broke my heart to see her injuries. I love her very much.”280 words
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428 2000-05-20 6 AHMAD OSMAN - NTUC Thrift will offer loans to all union members to help them overcome tech fears and pick up computer skills §!L AHMAD OSMAN OWN a computer and have free Internet access and e-mail for less than $1 a day this428 words
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Article, Illustration382 2000-05-20 6 CHONG CHEE KIN - Si CHONG CHEE KIN YABA tablets the poor man's Ecstasy pills are getting more Singaporeans hooked, says the Central Narcotics Bureau (CNB). Formerly peddled and taken exclusively by Thai nationals, the illicit drug has penetrated the circuit of local traffickers and addicts.LIANHE ZAOBAO - 382 words
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320 2000-05-20 6 SHARON VASOO - Btf SHARON VASOO A DRUG-SYNDICATE leader, who realised that he w as being tailed w hile making his drug-delivery rounds, led narcotics officers on a high-speed car chase on Mandai Road last Friday night. The 27-year-old man w eaved his blue Honda Civic320 words
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392 2000-05-20 6 DOMINIC NATHAN - Bu DOMINIC NATHAN NEW housing estates will not have automated refuse disposal after all, the Housing Board (HDB) has decided after a twoyear study. The trial project involved 11 blocks in a Choa Chu Kang neighbourhood. Garbage from 820 flats there zipped along at392 words
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Article, Illustration641 2000-05-20 7 CHONG CHEE KIN - Wearing military camouflage slacks, he moved aggressively towards officers with raised rod despite repeated warnings Bn CHONG CHEE KIN A BARE-CHESTED and tattooed man wearing military camouflage slacks and army boots was shot dead on Monday by the police after he threatened themJOSE RAYMOND - 641 words
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Article, Illustration376 2000-05-20 7 DEBBIE GOH - CHAN6I COMA MAN Bn DEBBIE GOH HE REMEMBERS which block he lives in. But only with prompting does he remember where. Mr Wong Boon Cheng, 50, who was found unconscious in Changi Airport in March, 30 hours after his plane landed, has lostT\P - 376 words
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366 2000-05-20 7 KOH BOON PIN - Asia's largest spa spread over 3 floors in Raffles City ĔL KOH BOON PIN THE largest spa in Asia will open its doors to the public right here in Singapore in August. The 50,000-sq-foot luxury 7 Amrita Spa will be spread over three floors in Raffles City. The 8-million haven366 words
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Article, Illustration487 2000-05-20 8 JOSEPHINE CHEW - A Nightingale to Aids sufferers for 15 years, she remembers her first patient as if it were yesterday §1 JOSEPHINE CHEW WHEN Mrs Iris Verghese started working with people with Aids 15 years ago, she took her two young sons,SOMA TAN - 487 words
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Page 8 Miscellaneous
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Miscellaneous1061 2000-05-20 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 Word1,061 words
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SPORTS
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351 2000-05-20 9 SANTOKH SINGH - In-principle approval has been given for this Singapore initiative o or which will bring together 10 countries of South-east Asia SANTOKH SINGH IN KUALA LUMPUR A CHAMPIONS League for South-east Asian soccer clubs could kick off as early as next year. In-principle approval351 words
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549 2000-05-20 9 SANTOKH SINGH - SANTOKH SINGH IN KUALA LUMPUR BOTH the Asian Football Confederation and Fifa may have thrown separate spanners into Singapore’s Goal 2010 programme. On Wednesday, the AFC announced that it was embarking on a project to lift the standards of 26549 words
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Article, Illustration372 2000-05-20 9 GERARD WONG - Bu GERARD WONG IT WAS her first international competition. To make matters worse, she had fared badly during the Women’s Artistic Gymnastics Division Three team competition, finishing in the bottom 10 in most events. Yet 10-year-old Rachel Tan is still wearing a huge smile theseALAN LIN! - 372 words
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Page 9 Advertisements
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Advertisement140 2000-05-20 9 THE NEW LEEDS EXECUTIVE MBAs International Business, Finance General Business Beginning July 2000, executives from the region will be able to sign up for our well-regarded Leeds MBAs in International Business, Finance General which will now be fully taught in Singapore by Faculty from the Business School over a four-day140 words
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MALAYSIA
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516 2000-05-20 10 KERRY-AWE WALSH - Stop throwing your weight around telling Asians now to run their countries, says Malaysian PM KERRY-AWE WALSH IN CANBERRA THE oft-strained relationship between Malaysia and Australia soured again on Wednesday when Malaysian Prime Minister Mahathir Mohamad accused his counterpart here of being a “bully”516 words
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Article408 2000-05-20 10 BRENDAN PEREIRA - CHANGE IN PM'S FOCUS By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Prime Minister Dr Mahathir Mohamad said last Saturday that he would delegate more government duties to his deputy and other ministers, and concentrate on steering Umno through an increasingly hostile environment. The Malaysian leader appeared408 words
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Article, Illustration72 2000-05-20 10 FINISHING TOUCHES FOR GIANT DRAGON: A worker in Kuala Lumpur putting the finishing touches to a 160-m-long giant dragon-lantern. The public will get a chance to have a close-up look at the dragon-lantern when it is opened to the public next month. The opening, onAP - 72 words
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Article440 2000-05-20 10 AFP, The Star/Asia News Network. New Straits Times KUALA LUMPUR A Malaysian housewife infected with the HIV virus, following a hospital blood transfusion, has received apologies from both the government and the suspected donor. “We are very sorry...regretful that this incident has happened." saidAFP, The Star/Asia News Network.; New Straits Times - 440 words
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SOUTH-EAST ASIA
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Article516 2000-05-20 11 MARIANNE KEARNEY - Agreement paves the way for a million-dollar injection of funds, and requires Indonesia to speed up restructuring of failed banks BI J MARIANNE KEARNEY STRAITS TIMES INDONESIA BUREAU JAKARTA The earlier-than-expected signing of the latest Letter of Intent between Indonesia and the International Monetary516 words
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447 2000-05-20 11 ROBERT GO - ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA The unrest that hit Jakarta’s Chinatown area last Saturday caused damage totalling 1.4 billion rupiah (S$280,000) and has raised questions about the government’s ability to maintain law and order. The worst hit by stonethrowing rioters447 words
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Article, Illustration166 2000-05-20 11 AMONG Prince Jefri Boikiah’s purchases were the Palace Hotel in New York, the Plaza Athenee hotel in Paris, the Hotel Bel-Air in Los Angeles and Asprev Garrard, the official jeweller to the British royal family. His personal expenditures were similarly lavish. The playboy166 words
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558 2000-05-20 11 Washington Post - 2,000 CARS, 17 PLANES, MORE THAN A DOZEN HOMES Washington Post BANDAR SERI BEGAWAN The root of Brunei's cashflow problems is the spendthrift behaviour of one man, the government says. In a sensational lawsuit that has rocked the normally staid558 words
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COMMENT
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Article595 2000-05-20 12 TUESDAY MAY 16,2000 GOING by labour and leisure trends in advanced countries, it is inevitable that the move towards a uniformly five-day work week in Singapore will gather force as the country takes its place among the industrialised elite. Lately, a professed need for larger families to595 words
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Article605 2000-05-20 12 MONDAY MAY 15,2000 THE subject of food production could not be further from the minds of Singaporeans, which is not as odd as it seems although most love eating. The countries around are a rich food basket, with supplies never a problem. Only w’hen there is605 words
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1152 2000-05-20 12 BRENDAN PEREIRA - Bit BRENDAN PEREIRA MALAYSIA CORRESPONDENT MINUTES after the Umno election results rolled in last week, three men started spinning a dangerous yarn. A former Supreme Council member, a former Cabinet minister and a former Mentri Besar: A tno brought together by rejection, failure and1,152 words
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COMMENT / PERSPECTIVE
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1355 2000-05-20 13 HAN FOOK KWANG - THINKING ALOUD By HAN FOOK KWANG IT IS not often that two controversial issues hog the public limelight which require two ministers to make long speeches in Parliament to defend the Government’s position And when the issues involve difficult questions of1,355 words
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985 2000-05-20 13 SANDRA DAVIE - MY VIEW By SANDRA DAVIE RECENTLY, 1 quizzed some 50 parents who will be selecting a secondary school for their Primary' 6 child in August. As most of them have already started researching on the academic credentials of schools, they have no985 words
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INSIGHT
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Article, Illustration1689 2000-05-20 14 Why are they doing this? And what does it mean for S 'pore? When you see such violent images in the media these days, you must be wondering: What in the world is going on? And what does it meanfor a pro-globalisation city like Singapore? USAD LATff seeks some localAFP - 1,689 words
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Article, Illustration1631 2000-05-20 15 CHLA LEE HOONG - LAST WEEK IN POLITICS B'J CHLA LEE HOONG JOIN the club. With the tabling of the Political Donations Bill in Parliament last Tuesday, Singapore is the latest country 7 enacting laws to regulate contributions to political groups. From Japan, Taiwan, South Korea and1,631 words
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MONEY
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366 2000-05-20 16 THE Singapore stock market ended lower this week as investors were reluctant to move into the market in view of the inter-est-rate uncertainty, the shock of earlier liberalisation of trading commissions, concerns over lower profits by electronics contract manufacturers and the shorter, four-day trading week.366 words
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Article74 2000-05-20 16 Straits Times Index The Straits Times Index dropped 34.23 points on the week to 1992.42. DAY CLOSE TURNOVER Monday 2011.46 (-15.19) 243.4m ($399.5m) Tuesday 2054.65 (+43.19) 296.8m ($471.0m) Wednesday 2011.83 (-42.82) 417.4m ($933.0m) Thursday Public holiday 352.3m ($1014.1m) Friday 1992.42 (-19.41) IT-SRI Index The BT-SRI Index dropped74 words
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Article1836 2000-05-20 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY LY (cts) (cts) ACE Dynamics Mar 23 P 0.797 0.758 0.90 0.99 Allgreen Mar 22 P 97.189 261.67 L 10.1 36L Amara Hldgs Mar 28 P 2.252 2.122 0.39 0.37 Asia Food Mar 27 P 37.042 140.9271,836 words
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Article192 2000-05-20 16 BONUS ISSUE Company Ratio Exdate Books close Acc Paymt First Enqg Amtek one-for-one May 22 May 25 NA one-for-four May 12 May 17 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 date192 words
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Article165 2000-05-20 16 Company Place Date Time Vickers Balias E Hotel New Otani 177A River Valley Rd S'pore (*****1) June19 11.30am Singatronics A Reception Hall 5th Floor,South Tower Mandarin S'pore 333 Orchard Rd<*****7) June 6 11.00am Sembcorp Ind E 9 Bishan Place #08-00 Junction 8 S'pore (*****7) June 5 10.45am Osprey165 words
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Article51 2000-05-20 16 Company Description United Enqq Proposed a bonus issue of up to 52,152,834 new Ord shares of $1.00 each in the capital of the company on the basis of one for every three. Osprey Maritime Proposed reduction of the par value of each ordinary share of US$1 each into51 words
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Article1301 2000-05-20 16 Payment (cts) Ex date Books close Pay date ACE Dynamics 20c F 0.05 Jun 19 Jun 22 Jul 5 Acma 50c F 1.25 Jul 7 Jul 12 Jul 28 Allgreen 50c F 2.5 Jun 5 Jun 8 Jun 27 Berger Intl25c b 0.125 Jun 15 Jun 20 Jul1,301 words
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Article1698 2000-05-20 17 UNIT TRUSTS FUNDS May 20,2000 Manaqers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.363 1.432 UK Blue Chip Fd!** 0.877 0.922 American Opport Fd 1.111 1.167 Continental Euro Eqty Fd 1.244 1.307 Japan Eqty Fd!** 1.575 1.655 Asian Fixed Income Fd 1.0031,698 words
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Article, Illustration75 2000-05-20 17 RESIDENTIAL ‘Buyers in the residential market are price-conscious and picky. Tney are on the lookout for bargains and are unwilling to over-commit. 9 —Jones Lang LaSalle’s Ms Ng, on auctions for the residential sector being stagnant for the past few months NON-RESIDENTIAL ‘Smaller shops have also dropped75 words
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749 2000-05-20 17 NICHOLAS FANG - While there are few offerings for the residential sector, the auction situation is different for the other categories ĔIL NICHOLAS FANG PROPERTY auctions have not been having much success of late, but they still remain a firm favourite with homeowners in Singapore. One such749 words
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Article3819 2000-05-20 18 Transaction date: May 19,2000 MULTI INDUSTRY 52-Wk Hiqh Curr Last Low Company Traded Sale ♦orVol •ooo Day Hiqh Low Gr*s Div Net P/E M Cap $mil Wt Avq Price 84 190.7 64 26 95 me Acma50c „..126 cd 30 -2 ♦2 211 8 127 303,819 words
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Article1248 2000-05-20 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Cr*s Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 218 100 c •AS Auto 10c 127 -3 591 130 124 10 N 166.8 134 137 79 c ASJ Hldgs 20c 90.5 3.8 13.51,248 words
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Article1538 2000-05-20 19 BONDS, LOANDS WARRANTS 52-Wk High Low Company Last Sale ♦orVol 000 Day Hiqh Low Last Quote Buyer Seller Wt Avg Price 80 17 s Acma W*****4 22.5 unch 175 23.5 22.5 22.5 23 24 59 7.5 s AIITech W*****7 7.5 -1 8 7.5 7.5 8 9.5 9 53 15 s1,538 words
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Article147 2000-05-20 19 (9am, May 19) Buying OD Selling Singapore dollars to one unit of Joreign currency Australian dollar 0.9750 0.9890 Canadian dollar 1.1410 1.1650 NZ dollar 0.7700 0.7860 Sterling pound 2.5510 2.5780 US dollar 1.7240 1.7350 Singapore dollars to 100 units of foreign currency Austrian schilling 11.12 11.36 Belgian franc 3.790147 words
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Article, Illustration847 2000-05-20 20 IGNATIUS LOW - Come October, broking commissions will vary according to size of trades, customers’ risks and other factors Su. IGNATIUS LOW THE small investor may end up paving between 1 and 1.5 per cent on average in stockbroking commissions when these are liberalised in October. ThisCHRISTIAN INTON - 847 words
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480 2000-05-20 20 ASIAONE, the Internet arm of Singapore Press Holdings, will break new ground in the financial market when it launches its initial public offer (IPO) soon. Its share offer will include a special Internet tranche, making it the first IPO in Singapore where a480 words
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208 2000-05-20 20 EDNA KOH - EDNA KOH KEPPEL Tat Lee Bank, the only Singapore bank here to have a dedicated lending scheme for high-tech start-ups, is trebling the size of this fund to $l5O million. “If conditions continue to be conducive, we may even double this to208 words
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Page 19 Advertisements
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Advertisement19 2000-05-20 19 y.'JK Buy It. Sell It. Find It. Classified. Yri\> \Na n CAT.S. Call Today For Results Tomorrow. 1800-737-1166 i19 words
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Page 21 Advertisements
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Advertisement945 2000-05-20 21 The Straits Times Weekly Edition APPOINTMENTS The Ministry of Defence has job opportunities for: m tr mm i,, WB&k, ZV. i <* f I f jjf #/f f f MC iIHHBHfI Post i You will plan, manage and administer the budget so as to optimise the usage of funds for945 words
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Page 22 Advertisements
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Advertisement1048 2000-05-20 22 From one SCV wm* JP* comes a world of digital m& m Cable TV. Broadband Internet access. Telephony services. Together, they bring a world of digital possibilities that will change the way we live, work and play. A world that is now available through one single cable point from Singapore1,048 words
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FORUM
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Article, Illustration387 2000-05-20 23 Aware supports the call for kindness and consideration to HIV-stricken families, in “Let's show kindness to HIV-stricken families'’ (ST, May 16). We are also disturbed by the decision of the immigration authorities to classify these women as reported in “9 foreign women with HIV387 words
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752 2000-05-20 23 I REFER to the letter by Mr Henry Tay Chai Khiang, “Thomas Cup badminton dream can be a reality" (ST Weekly, May 13). First, I would like to thank Mr Tay for his thoughts and concerns. We have already put in place most of752 words
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382 2000-05-20 23 THE Singapore Tourism Board would like to respond to Mr Graeme Morrison s letter, “Not another ‘plastic’ island resort, please" (ST, May 12). We share Mr Morrison's concerns on nature conservation and agree with his comments on the importance of retaining the natural382 words
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Article, Illustration806 2000-05-20 24 KAREN WONG - First his file went missing, then nobody could say when he would get his flat. So newly-wed hit the Send button again and again and... Bjl KAREN WONG THE newly-married MBA graduate felt that the Housing Board was slow in processing his application forJOYCE FANG - 806 words
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Article, Illustration740 2000-05-20 24 AP CHICAGO In Professor Yoram Sagher's classroom, a dozen high-school maths teachers hunch over textbooks from Singapore, scribbling their way through a tough geometry problem. His lesson today: “If you can t beat ’em, join ’em." Prof Sagher and other maths experts are– AP; \p - 740 words