The Straits Times : Weekly Overseas Edition, 3 June 2000
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2000-06-03
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The Straits Times : Weekly Overseas Edition
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Title Section19 2000-06-03 1 The Straits Times Weekly Edition Saturday June 3,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/9919 words
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Article516 2000-06-03 1 PAULINE LEONG - Bigger flats, more luxuries as the average monthly HDB household income rose 40% from $2,653 in 1993 to $3,719 in 1998 The Good News... Bit PAULINE LEONG HOUSING Board residents are growing more affluent they are living in bigger flats and enjoying more of the516 words
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Article, Illustration77 2000-06-03 1 Gongfu star Jackie Chan, 46, was in town last week for the premiere of his movie, Shanghai Noon, and take part in the Spend Your School Holidays With The Straits Times programme. It is organised by the newspaper and the Straits Times Interactive (STI), its Internet version. HeJOHN COSGROVE - 77 words
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370 2000-06-03 1 M. MRMALA - The Bad News... Bt, M. MRMALA IT’S official lower-skilled workers were the hardest hit by the economic crisis of 1997-98 and suffered the most severe drop in income. Their wages plunged by as much as 34 per cent last year, resulting in a widening370 words
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Page 1 Advertisements
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Advertisement58 2000-06-03 1 S PORTS S'pore Bowler Is No. 1 Singapore’s Jesmine Ho has been ranked as the world’s top female amateur bowler by a prestigious American bowling magazine. 9 PAGE 9 Adoption To Vietnam, To Look For Baby In Singapore, childless couples are looking overseas, especially to Vietnam, for children to adopt58 words
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PRIME NEWS
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497 2000-06-03 2 But all households saw their monthly income go up, with three-roomers enjoying the highest annual rate of increase HDB HOUSEHOLD SURVEY RESIDENTS of Bishan and Pasir Ris are likely to be better off than the average HDB resident. Those living in newer towns have497 words
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Article277 2000-06-03 2 UPGRADING may not necessarily be a good enough reason for some Housing Board residents to stay put. About 35 per cent sold their flats after the announcement of the main or interim upgrading programme, according to a HDB survey of precincts that have gone through main and277 words
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Article, Illustration109 2000-06-03 2 GUNMAN Lim Peck Hui, who fled Singapore after two holdups earlier this week, is said to be also wanted by police for allegedly hijacking and stealing a new BMW last August. In that case, the 24-year-old, nicknamed Pai Kia Hui (“bad boy Hui" in Hokkien),109 words
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Article620 2000-06-03 2 DEBBIE GOH - Bu DEBBIE GOH POLICE are looking for a gunman who is believed to have robbed twice earlier this week, by blocking and forcing his victims out of their cars. Last Monday, Lim Peck Hui, 24, who is said to have escaped to a neighbouring country',620 words
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Article518 2000-06-03 3 JULYN KANG - The focus is moving away from the family, says Mr Goh, urging the public and private sectors to adopt family-friendly practices §!L JULYN KANG THE balance between work and family is increasingly tilting away from the family, said Prime Minister Goh Chok Tong, who urged518 words
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Article, Illustration465 2000-06-03 3 TRACY QUEK - By TRACY QUEK WITH discounts of 70 per cent at some stores, Singaporeans are going to great lengths to get the best bargains at the Great Singapore Sale. Among them was Miss Angeline Lim, 30, a personnel officer. Instead of going on her usual overseasJOSE RAYMOND - 465 words
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520 2000-06-03 3 COLIN TAN - Bl COLIN TAN HOUSING Board (HDB) flatowners will soon be able to use the CPF portion of proceeds from the sale of their units to simultaneously offset the purchase cost of another resale flat in back-to-back transactions. This recourse will be available520 words
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HOME
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Article, Illustration341 2000-06-03 4 KARAMJIT KAUR - By KARAMJIT KAUR CLASSIC car enthusiasts can now keep their sleek machines for a fraction of the current cost. They will save about $37,000 when extending their certificate of entitlement (COE), based on June’s prices. On paying a small fee, theyTAN SCAN ANN - 341 words
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566 2000-06-03 4 CHUA MUIHOONG - NUS and NTU lift restrictions on fees; lecturers can also pocket gains from stock options given as remuneration iIL CHUA MUIHOONG THE sky is the limit now for university staff, with the lifting of restrictions on consultancy fees. Lecturers at the Nanyang Technological University566 words
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412 2000-06-03 4 KARAMJIT KAUR - Girl, 12, caught at Pasir Ris 'drug party Ĕ!L KARAMJIT KAUR SCHOOL holidays are here and most kids are out having clean fun. But are you sure yours are? A 12-year-old girl was arrested at a “drug party” in a Pasir Ris holiday chalet last Wednesday. The youngest to be412 words
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Article, Illustration480 2000-06-03 5 KRIST 800 - Parents of Singapore woman, who is now only semi-conscious, are suing two Australian doctors for negligence ZJL KRIST 800 MS SHEILA Ramalinggam left Singapore a healthy and cheerful young woman to study for a year in Australia, only to return home a vegetable. DiagnosedDESMOND FOO - 480 words
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150 2000-06-03 5 THERE 'will not be a five-day work week for the civil service, said Prime Minister Goh Chok Tong last Saturday. He explained that such a decision could have far-reaching consequences on the economy and he did not want to risk an irrevocable mistake. So,150 words
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253 2000-06-03 5 WENDYTAN - S!L WENDYTAN MOST of the 12 foreign spouses w r ho have been repatriated because they have the Aids virus will be allowed to return if they wish, said the Home Affairs Ministry (MHA) last week. Deputy Secretary 7 Tan Boon Huat also253 words
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369 2000-06-03 5 DEBBIE GOH - Bil DEBBIE GOH A YOUNG Malaysian boy fell to his death from the fifth floor of a Housing Board block after he lost his way, and climbed onto a chair near the parapet to get his bearings. Muhammad Nur Ramadhan Mohamad, three, left369 words
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254 2000-06-03 5 OO GIN LEE - OO GIN LEE THIS month, Singapore will be the first stop of a new regional computer-games tournament series, which will see the world’s top players coming here for an online shoot-out. Game buffs from Singapore and the region are also invited254 words
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500 2000-06-03 6 SHARON VASOO - Over 1,000 people were rewarded for exposing employers who used illegal software. Top reward remains unclaimed br. SHARON VASOO THEY squealed on their company’s dark secrets, and got rewarded for it. Over 1,000 people exposed their employers and other companies last year for500 words
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Article, Illustration416 2000-06-03 6 KARAMJIT KAUR - By KARAMJIT KAUR THE flames were raging in one bedroom and the living room was thick with black smoke. But it did not stop lab technician Sata Samsudin, 47, from putting his life on the line to save an elderly woman whoALBERT Sl\l - 416 words
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441 2000-06-03 6 A 13-YEAR-OLD schoolboy thought that it would be fun to print money. That is, until the police came calling at his school and arrested him. The Secondary 1 student from MacPherson Secondary School, who cannot be named because he is a juvenile, scanned441 words
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NWC RECOMMENDATIONS
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Article587 2000-06-03 7 IRENE NG - National Wages Council also recommends faster restoration of CPF cut as economic recovery of country is on track iIL IRENE NG IT IS pay-back time for workers who have taken pay cuts to beat the recession. With the economic recovery firmly on track, workers can587 words
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Article349 2000-06-03 7 THE Government has accepted the National Wages Council’s call for wage increases, with the more profitable companies paying more. It has also given the nod to NWC's proposal to bring forward the next restoration of the CPF cut to Jan 1, if the economy continues to349 words
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Article, Illustration453 2000-06-03 7 TO NARROW the widening wage gap between skilled and unskilled workers, companies should include a dollar quantum in wage increases to benefit lower-income workers, said the National Wages Council (NWC). In a briefing at the Manpower Ministry, NWC chairman Lim Chong Yah said that givingBUSINESS TIMES - 453 words
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Article, Illustration591 2000-06-03 8 KRISTBOO - Father of baby suffocated by his sleeping I V2 -year-old brother does not want his son to be haunted by guilt all his life *L KRISTBOO THE tragedy is still fresh in the father's mind and fills him with bitter regret. But if591 words
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Page 8 Miscellaneous
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Miscellaneous1062 2000-06-03 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 Word1,062 words
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SPORTS
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Article, Illustration466 2000-06-03 9 S. MERALI - Bowlers Journal International recognition for her Malaysian Open, Masters Cup wins Bit S. MERALI SINGAPORE’S Jesmine Ho has been ranked as the world’s top female amateur bowler in a prestigious American bowling magazine. The Bowlers Journal International (BJI), which is the oldest monthly sports466 words
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Article, Illustration366 2000-06-03 9 CHAN TSE CHUEEN - By CHAN TSE CHUEEN SARAH TAN started sailing at the age of eight. Now, at 10, she is being sent to Europe for a training stint. She is the youngest in a team of eight Optimist sailors leaving for a three-week racing and trainingALBERT SIM - 366 words
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MALAYSIA
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400 2000-06-03 10 The Star/Asia News Network, Reuters, AP KUALA LUMPUR Malaysia’s Anti-Corruption Agency (ACA) is investigating several multinational companies (MNCs) suspected of offering kickbacks to win tenders and local contracts in the country. ACA deputy director-gen-eral Ahmad Said Hamdan said the agency was also lookingThe Star/Asia News Network, Reuters, AP - 400 words
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Article, Illustration590 2000-06-03 10 BRENDAN PEREIRA - By BRENDAN PEREIRA MALAYSIA CORRESPONDENT CHIEF Justice Eusoff Chin has had his knuckles rapped by the government. The head of the judiciary was told that it was improper for him to have gone on a holiday to New Zealand with a prominent590 words
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384 2000-06-03 10 LESLIE LAU - BI J LESLIE LAU IX KUALA LUMPUR HIS last words were: “Let me die! Let me die!” but she would not let go of his blood-soaked hands. In the end, 16-year-old Liew Gah Fah and her uncle-boy-friend Dr Cheng Keng Soon plunged384 words
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SOUTH-EAST ASIA
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535 2000-06-03 11 SUSAN SIM - No foreknowledge or involvement in latest money scam, say Indonesian President and Foreign Minister SUSAN SIM INDONESIA CORRESPONDENT JAKARTA President Abdurrahman Wahid and his Foreign Minister on Wednesday denied any foreknowledge or involvement in the latest money scam here that has already claimed one of535 words
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Article, Illustration586 2000-06-03 11 BRENDAN PEREIRA; and MARIANNE KEARNY - By BRENDAN PEREIRA IN KUALA LUMPUR and MARIANNE KEARNY INJAKARTA WAS Teuku Don Zulfahri, an exiled leader of the Aceh separatist movement, gunned down by Indonesian military intelligence to block a truce in the restive province? Or was he shot dead by a586 words
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271 2000-06-03 11 S.USAN SIM; and DEVI ASMARANI - By S.USAN SIM and DEVI ASMARANI STRAITS TIMES INDONESIA BUREAU JAKARTA Former President Suharto last Tuesday found himself in the ignominious position of being placed under house arrest as Indonesia's chief prosecutor continued to struggle to build a case against him. Picking up the tempo271 words
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Page 11 Advertisements
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Advertisement139 2000-06-03 11 THE NEW LEEDS EXECUTIVE MBAs International Business, Finance General Business University of Leeds 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 School139 words
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COMMENT
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Article566 2000-06-03 12 THURSDAY JUNE 1, 2000 THE household-income profile just released, with its grim view of how bottom earners have fared, is a foretaste of the wealth re-distribution that globalisation will bring. There is no running away from it. In Singaporean terms, the top percentile of earners who566 words
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Article577 2000-06-03 12 TUESDAY MAY 30, 2000 SOUTH Korean President Kim Dae Jung has been downplaying expectations that the first summit meeting between the two Koreas will transform economic prospects and the Cold War atmosphere. A presidential spokesman said the South was hoping for more than the “minimum" but if the577 words
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Article, Illustration686 2000-06-03 12 YEONG AH SENG - SECOND LAST WORD b>j YEONG AH SENG LAST w r eek, Standard Chartered Bank rejected a proposal to share its automated-teller machines (ATMs) with three other banks which were given Qualifying Full Bank licences recently. It might well have been a commercially astute686 words
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COMMENT/PERSPECTIVE
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1129 2000-06-03 13 IRENE NG - THINKING ALOUD By IRENE NG AN ODD thing happened to Singapore politics on the way to greater openness. Singaporeans are pitting ethical arguments against the Government’s characteristically pragmatic ones, and without any sign of letting up. Long-time priorities of what count as “public1,129 words
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Article1116 2000-06-03 13 ASAD LATIF - MY VIEW By ASAD LATIF SOMETIMES, I do not know whether to laugh or to cry. Restless about the ladies’ restroom in Victoria Theatre, a reader wrote in recently to say that the toilet seats were old and badly stained. Fair enough. But1,116 words
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INSIGHT
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Article, Illustration2186 2000-06-03 14 A forum on gay issues was cancelled when the authorities rejected its application for a permit. But if “Everyone Matters” according to the Singapore 21 vision, don’t gays matter too? Can community concerns and gay expression be reconciled? IRENE NG takes the wrapsPOSED PICTURE - 2,186 words
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334 2000-06-03 15 MORE young people in Singapore are “coming out” into the open about their homosexual orientation, and a steady stream is seeking help on coping with it. Singapore Planned Parenthood Association’s president, Mr John Vijayan, believes this is because “more are looking for support from334 words
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1053 2000-06-03 15 CHUA LEE HOONG - LAST WEEK IN POLTITICS CHUA LEE HOONG SINGAPORE’S public housing provider has two things to be proud of in 2000: It is celebrating its 40th anniversary, and, sometime later in the year, the keys to the 800,000 th flat built will be handed over to1,053 words
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MONEY
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299 2000-06-03 16 Loh Chen Yi - Loh Chen Yi FOLLOWING a hesitant start to the trading week, the market finished on a high note, buoyed by signs that a soft landing in the world’s largest economy was increasingly likely. US statistics released in the course of the week pointed to an299 words
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Article76 2000-06-03 16 Straits Times Index The Straits Times Index dropped 23.93 points on the week to 899.99. DAY CLOSE TURNOVER Monday 1,833.61 (+12.98) 235.7 ($561.1m) Tuesday 1,799.23 (-34.38) 220.2 ($625.9m) Wednesday 1,795.13 4.10) 342.1 ($1,081m) Thursday 1,837.26 (+42.13) 233.4 ($671.9m) Friday 1,910.40 (+73.17) 400.8 ($747.7m) BT-SRI Index The BT-SRI76 words
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Article1981 2000-06-03 16 Net earn EPS Date TY LY TY LY Company ann (sm) (sm) (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 37.042 140.9271,981 words
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Article231 2000-06-03 16 BONUS ISSUE Ex- Books Acc Company Ratio date close Paymt ASJ one-for-two Jun 21 Jun 26 NA Spore one-for-ten Jun 21 Jun 26 Jul 7 Reins UE one-for-three Jun 28 Jul 3 NA PohLian one-for-two Jun 29 Jul 4 NA L-Jacob one-for-two Jul 3 Jul 6 NA Amtek231 words
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Article237 2000-06-03 16 Company Place Date Time Hotel A Hilton S'pore Jun 23 4.00 pm Prop 581 Orchard Rd 3rd Fir Ballroom 1A (*****3) Ipco E 24 Pandan Road Jun 22 10.00 am S’pore (*****5) Poh Lian E 103 Defu Lane 10 Jun 21 10.00 am Poh Lian Building 1 S’pore237 words
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Article64 2000-06-03 16 Company Description Bonvests Proposed a bonus issue on Hldgs the basis of one ordinary share of $0.50 for every ten existing shares held. The proposed issue is subject to the approval of SGX. WBL Corp Proposed rights issue of up to 34 million warrants in conjunction with a64 words
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Article1473 2000-06-03 16 Payment Ex Books Pay (cts) date close date ASJ Hldgs 20c b 0.75 Jun 6 Jun 9 Jun 16 ACE Dynamics 20c F 0.05 Jun 19 Jun 22 Jut 5 Acma 50c F 1.25 Jul 7 Jul 12 Jul 28 Ailgreen 50c F 2.5 Jun 5 Jun 81,473 words
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Article1741 2000-06-03 17 UNIT TRUSTS FUNDS Jti03,2000 Managers* prices (Ss) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.282 1.347 UK Blue Chip Fd!** 0.896 0.942 American Opport Fd 1.086 1.141 Continental Euro Eqty Fd 1.264 1.329 Japan Eqty Fd!** 1.493 1.569 Asian Fixed Income Fd 0.996 1.0271,741 words
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Article, Illustration507 2000-06-03 17 EDNA KOH - New Citibank service offers fastest in-principle approval for credit-card applications online Si EDNA KOH CITIBANK, which is among the top three players in the lucrative credit card business in Singapore, is offering what it says will be the fastest in-prin-ciple approval for507 words
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Article251 2000-06-03 17 FREE credit cards? For Citibank, never. The US bank has never launched a free card since it entered the card business in Singapore in 1989 and does not plan to do so, preferring to compete by providing value for money. It charges an annual subscription of251 words
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Article4532 2000-06-03 18 Transaction date: Jun 2, 2000 MULTI INDUSTRY 52-wk Curr Last Vol Day Gr*s Nat M Cap Wt Avg High Low Company Traded Sale +or- ’OOP High Low Div P/E smil Price 182 101 m c Acma 50c 116 cd +4 47 118 115 5 14.54,532 words
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Article1301 2000-06-03 19 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 MANUFACTURING 218 98.5 C *AS Auto 10c 112 +l2 1231 112 103 lON 147.1 106 137 79 c ASJ Hldgs 20c 90.5 cdcb 3.81,301 words
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Article1601 2000-06-03 19 BONDS, LOANS WARRANTS Transaction date: Jun 2,2000 52-Wk Last Vol Day Last Quote Wt Avg High Low Company Sale +or- 'OOO High Low Buyer Seller Price 80 16.5 s Acma W *****4 19.5 +2 220 19.5 18 19 20 18 59 7.5 s All Tech WOlOBO7 18 15 9 531,601 words
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Article147 2000-06-03 19 (9am, Jun 2) Buying OD Selling Singapore dollars to one unit of fdreign currency Australian dollar 0.9780 0.9920 Canadian dollar 1.1460 1.1710 NZ dollar 0.7800 0.7970 Sterling pound 2.5680 2.5950 US dollar 1.7220 1.7330 Singapore dollars to 100 units of foreign currency Austrian schilling 11.58 11.82 Belgian franc 3.950147 words
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433 2000-06-03 20 Bit NARENDRA AGGARWAL - Escap survey forecasts strong economic expansion for Republic on back of rising regional growth Bit NARENDRA AGGARWAL SINGAPORE’S economic growth is expected to strengthen to 6.8 per cent next year with inflation remaining tame, says the United Nation's Economic and Social433 words
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Article, Illustration449 2000-06-03 20 COLIN TAN - Bi, COLIN TAN HOUSING Board (HDB) flat owners wtio fail to obtain prior approval from the board for their private property investments face having their resale applications stalled. And, to boot, they may have to pay a fine, property agents said. A director with449 words
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309 2000-06-03 20 IGNATIUS LOW - Bu IGNATIUS LOW COULD a top-flight, full-time job leading a Singapore conglomerate ever start to become a bother? It might, if you are Koh Boon Hwee business angel extraordinaire, and director of 46 companies. Finding insufficient time for personal pursuits, he is stepping309 words
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Page 19 Advertisements
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Advertisement15 2000-06-03 19 Buy It. Sell It. Find It. Classified. vdV\ CAT.S. Call Today For Results Tomorrow. 1800-737-116615 words
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Page 21 Advertisements
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Advertisement530 2000-06-03 21 The Straits Times Weekly Edition APPOINTMENTS The in rRe m DO YOU HAVE ,WHAT IT TAKES O ADVANCE THE LAW Every lawyer has career aspirations, but not every lawyer can advance the law in our country. Join the Singapore Legal Service for a fulfilling and noble profession. JOIN US ore530 words
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Page 22 Advertisements
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Advertisement1030 2000-06-03 22 Eastern Steel A member of Nat Steel W SS» S X s ■*L Limitless career opportunities of course! Being a rebar fabricator providing precision cut and bend services, Eastern Steel has set Singapore’s foundation through our group of dedicated people, committed to be better than we are. We provide a1,030 words
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FORUM
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492 2000-06-03 23 TH E report by the Department of Statistics on income disparity makes unpleasant reading. But we cannot wish away the wage gap. In fact, the gap will widen as we move into the new economy. In our view, the best way to tackle492 words
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Article146 2000-06-03 23 I REFER to the article, “Schoolboy, 13, arrested for printing $2 note” (ST, May 30). I understand the police are obliged to investigate an alleged crime. But did the teacher really need to call the police? It w r as one $2 note and146 words
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249 2000-06-03 23 I REFER to the letter, “Ministry clarification needed on how HIV is transmitted” (ST, May 30). The ministry would like to reiterate the modes of transmission of HIV. Since the first case of Aids was reported in the world in 1981, it is249 words
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Article, Illustration267 2000-06-03 23 I AM surprised that professionals, wdien asked to donate to Aids victims, responded that HIV sufferers deserve their fate. Many people associate HIV with homosexual lifestyles and so adopt an attitude of revulsion towards gays and, by association, HIV victims. Others consider HIV as267 words
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Article555 2000-06-03 24 LAUREL TEO - Co-location concept aims to make the community clubs more appealing to residents, especially younger Singaporeans Bu LAUREL TEO COMMUNITY libraries and child-care, training and recreational centres may soon come under one roof at community clubs around the island as part of a plan to make555 words
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Article, Illustration456 2000-06-03 24 BRAEMA MATHI - ADOPTION Bn BRAEMA MATHI AFTER 15 years of trying for a child of their own, Mr Joseph Wong, 41, a bank officer, and his wife, Geralda, a housewife, turned to an adoption agency Good Homes For The Children to find a baby for them inLUIS ASCI I - 456 words
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Article, Illustration254 2000-06-03 24 TWENTY-YEAR-OLD Tran Thi Kim wants to give up her 20-day-old boy because she the family’s penury to end. She thinks the hongbao of 15,000,000 dong (551,700) for the baby will help her send her 16-month-old daughter to school and get her a decentLUIS ASCI I - 254 words