The Straits Times : Weekly Overseas Edition, 17 June 2000
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2000-06-17
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The Straits Times : Weekly Overseas Edition
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Title Section19 2000-06-17 1 The Straits Times Weekly Edition Saturday June 17,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/9919 words
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Article471 2000-06-17 1 KARAMJIT KAUR - Trend is likely to continue as companies restructure and hire new workers with relevant skills By KARAMJIT KAUR PEOPLE are still losing their jobs despite the robust economy, according to the latest labour market survey. About 6,000 workers were laid off in the first quarter of471 words
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Article, Illustration467 2000-06-17 1 LEE SIEWHUA - B u LEE SIEWHUA US CORRESPONDENT WASHINGTON Singaporean film student Norhaya Aziz has won an Emmy for a music video, impressing three Los Angeles dream merchants who have offered to be her mentors. Among them is director Michael Rhodes, a five-time Emmy winner467 words
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Page 1 Advertisements
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Advertisement58 2000-06-17 1 HDB Milestone Cabby receives keys to his Sengkang flat with much fanfare, being the 800,000 th owner of an HDB flat in its 40-year history. page 3 Sports Supergirl bowls them over Temasek Poly lass deals a blow to male pride by winning the Youth Challenge $5,000 top prize, and58 words
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PRIME NEWS
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556 2000-06-17 2 YAP CHUIN WEI - There is a shortfall of 275 doctors this year, notably in the ranks of housemen and junior registrars By YAP CHUIN WEI SINGAPORE is starting to run short of doctors in the public health service, especially lowerlevel doctors such as housemen and junior registrars556 words
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Article, Illustration299 2000-06-17 2 TEO PAU LIN - Bn TEO PAU LIN SOON, you will be able to stroll between City Hall MRT station, the Marina Centre area, Suntec City’, and One Raffles Link and shop if you want to in the air-conditioned comfort of the City Link Mall. And when the Esplanade TheatresALBERT SIM - 299 words
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Article421 2000-06-17 2 ASAD LATIF - ASAD LATIF IN PERTH THE widening income gap revealed by the Department of Statistics survey reflects probably the globalisation of the Singapore economy, Deputy Prime Minister Lee Hsien Loong said here last Saturday. Speaking to Singapore reporters at the end of his weeklong visit to Australia,421 words
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HOME
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Article, Illustration246 2000-06-17 3 I 960: HOB set up with the target: To build 10,000 low-cost units every year from 1960 to 1970. 1960-65: In its first five-year programme, HDB's priority was to build fiats quickly and cheaply. The emphasis was on building one-room emergency-type units. 4 May 1961: A246 words
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Article, Illustration313 2000-06-17 3 SITIANDRIANIE - After six-year wait for flat in Sengkang, cabby receives keys from Acting Prime Minister Bu SITIANDRIANIE IT WAS a pleasant day for taxi driver Lui Chong Tatt and his family last Sunday. Not only did they turn home-owners after a six-year wait, but they also hadSTEVEN LEE - 313 words
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Article, Illustration265 2000-06-17 3 JULYN KANG - Bu JULYN KANG MORE than 100 counterfeit $lOO notes from the new ship series have surfaced and more may still be circulating, police said on Sunday. Most of the notes which have surfaced have the same serial number: A/33/*****8. They have turned up in about265 words
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Article, Illustration577 2000-06-17 4 JULYNKANG - About 20 lecturers have joined the new kid on the block, causing older varsities to hunt for staff JULYNKANG SINGAPORE’S two established universities are suffering a brain drain. Blame it on the Singapore Management University (SMU). About 20 lecturers from the National University577 words
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Article399 2000-06-17 4 EVERY year Nanyang Business School dean Neo Boon Siong watches about 20 faculty members leave NTU to join startups and private firms, and to teach in universities in the US. In 1998, the Nanyang Business School had a record 80 vacancies to fill. He said: “The399 words
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441 2000-06-17 4 CHONG CHEE KIN - BtL CHONG CHEE KIN MORE than half a million dollars’worth of illegal mind-alter-ing drugs were found at a MacPherson apartment by the Central Narcotics Bureau (CNB) on the evening of June 9In its biggest seizure of psychotropic drugs so far, the CNB recovered441 words
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499 2000-06-17 5 TANOOI BOON - Dad gave couple an apartment. High Court rules that husband has a share in it in divorce Bil TANOOI BOON RICH parents may give a private apartment to their child as a wedding gift, and even add the spouse's name as joint owner on499 words
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Article, Illustration513 2000-06-17 5 ELENACHONG - &IL ELENACHONG A SINGAPORE Civil Defence Force (SCDF) lieutenant, who picked up a man’s Rolex watch at the scene of a fatal traffic accident and kept it in his pocket, was acquitted on Tuesday of misappropriating it. Lt Subari Akob, 32, theALBERT SIVI - 513 words
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209 2000-06-17 5 SANDRA DAVIE - bil SANDRA DAVIE SIX out of every 10 Nanyang Technological University (NTU) students will be able to reside on campus when four new residential halls are built by August this year. The university, which wall have a student population of about 15,000209 words
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661 2000-06-17 6 YAP CHUIN WEI - It will take 30 more years before most Chinese Singaporeans switch from dialects, says SM ?1L YAP CHUIN WEI SINGAPORE is only halfway down the road to making Mandarin a common language for Chinese Singaporeans. Senior Minister Lee Kuan Yew, the architect of the annual661 words
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Article, Illustration439 2000-06-17 6 ALETHEALIM - Inheritance Battle *L ALETHEALIM A VILLAGE doctor from China has become the seventh person to fight for a share of the $37million estate of a Singapore multi-millionaire who died in 1926. Mr Huang Luexian, 53, is claiming in the High Court that he deservesLIANHE ZAOBAO - 439 words
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388 2000-06-17 6 SANDRA DAVIE - Bu SANDRA DAVIE FOUR children with Down’s syndrome will attend the Radin Mas PAP Community Foundation kindergarten (PCF) from next January', in the first official programme to encourage such children to integrate with those in mainstream schools. The five- and six-year-olds will follow388 words
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Article, Illustration154 2000-06-17 7 BREAST-CANCER patients here tend to be younger than those in the West. While the peak-age group is 40-plus in Singapore, it is 60-plus in the West. Local patients suffering from primary liver cancer also tend to be younger than those in the West. And the cause of154 words
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Article, Illustration1163 2000-06-17 7 LYDIA LIM - EDB chairman and three top medical men tell how S’pore can make the leap in the life sciences *1 LYDIA LIM IF YOU were a nine-year-old, would you rather count the joints on an ant’s leg or wonder whether trees can talk? ProfessorLIM SIN THAI - 1,163 words
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Article, Illustration738 2000-06-17 8 JULYINKANG - David lost 30 kg in six months by overeating, followed by induced vomiting. A specialist saved him *L JULYINKANG WHILE his classmates slogged for their O-level examinations two years ago, David fought his own demons. On his 16th birthday, he was a healthy and active, ifPOSED PICTURE - 738 words
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Page 5 Advertisements
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Advertisement135 2000-06-17 5 THE NEW LEEDS EXECUTIVE MBAs temallßnal Business, Finance 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/i///y taught in Singapore by Faculty from the Business School over a four-day135 words
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Page 8 Miscellaneous
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Miscellaneous1063 2000-06-17 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 Op 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 Tne Written Word1,063 words
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SPORTS
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Article, Illustration452 2000-06-17 9 GERARD WONG - Cheryl beats Superboy Fang in step-ladder finals to win the Youth Challenge $5,000 top prize Bt, GERARD WONG SUPERBOY Andrew Fang may have won the National Men’s Masters crown last Sunday. But Supergirl Cheryl Soon did something better at Victor’s Superbowl on June 9Not onlySTEPHANIE YEOW - 452 words
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Article300 2000-06-17 9 KELVIN PHANG - S-LEAGUE SOCCER iIL KELVIN PHANG THE Football Association of Singapore will not recruit young foreign talent directly for its national age-group squads. While the FAS is open to getting foreign talent to help achieve Goal 2010 qualifying for the World Cup finals in 2010 it300 words
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Article, Illustration491 2000-06-17 9 KELVIN PHANG - ATHLETICS Bu KELVIN PHANG FIVE gold medals that is the target the Singapore Amateur Athletic Association has set itself for the 2001 South-east Asia Games in Kuala Lumpur. It may have taken the SAAA the last four Games to achieve that total butJOSE RAYMOND - 491 words
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MALAYSIA
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640 2000-06-17 10 BRENDAN PEREIRA - A spat between a judge and a minister, and claims of blocking a graft probe demand his attention upon nis return from Japan BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad returned home from Japan on Tuesday and640 words
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Article, Illustration299 2000-06-17 10 The Star/Asia News Network KUALA LUMPUR A Malaysian baby girl who recently received a transplanted left arm from her dead twin is doing fine after a 15-hour surgery. Like any healthy baby, Chong Lih Ying stretched, yawned, opened her eyes and smiled when Health MinisterThe Star/Asia News Network; REUTERS - 299 words
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531 2000-06-17 10 LESLIE LAU - By LESLIE LAU IN KUALA LUMPUR WHEN Sin Chew Jit Poh published a series of advertisements claiming it was the most read Chinese newspaper in the Klang Valley, it expected its main rivals to baulk at the selfpromotion. That’s all. It did not anticipate531 words
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SOUTH-EAST ASIA
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Article, Illustration129 2000-06-17 11 Samak Sundaravej, 65: Fiery and outspoken. Very popular with older voters. Was Deputy Premier in the last government. Holds a law degree and has wide political connections. Ideas: privatise public amenities, relocate industries to the city’s outskirts and improve slum dwellings. Sudarat Keyuraphan, 39: Rising129 words
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516 2000-06-17 11 EDWARD TANG - By EDWARD TANG THAILAND CORRESPONDENT BANGKOK The election for Bangkok Governor is shaping up to be one of the most hotlycontested polls in the Thai capital’s history because the importance of the post has attracted a huge and varied field of candidates. No516 words
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531 2000-06-17 11 SUSAN SIM - Gus Dur says a deal is in the works, but insiders doubt the family is anywhere near giving in to his overtures soon By SUSAN SIM INDONESIA CORRESPONDENT JAKARTA With his usual flair for stirring up controversy while abroad, President Abdurrahman Wahid has casually531 words
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317 2000-06-17 11 LUZ BAGUIO RO - By LUZ BAGUIO RO PHILIPPINES CORRESPONDENT MANILA Doctors who examined President Joseph Estrada on Monday said that the abdominal pain he suffered was triggered by gall-bladder stones, but they recommended no immediate surgery. Pictures and footage of Mr Estrada grimacing in pain and pressing317 words
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COMMENT
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Article571 2000-06-17 12 WEDNESDAY JUNE 14,2000 THE doctor shortage in the public health service we reported on Tuesday is not of great concern, if a rough guide were applied. The shortfall of 275 doctors, including housemen, is 5 per cent off the projected number of 5,600 the Health Ministry571 words
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Article623 2000-06-17 12 MONDAY JUNE 12,2000 WAR nearly erupted between the two Koreas in the second half of 1994, when North Korea's nuclear programme was considered such a grave threat it had to be eliminated. So says a former Southern vice-unification minister, Mr Song Young Dae. In his account of623 words
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Article, Illustration768 2000-06-17 12 808 NG - SECOND LAST WORD 808 NG THE person who popularised the terms “old economy” and “new economy” has done the world a great disservice. One result is the arbitrary division by all kinds of commentators, expert and otherwise, of companies into either of the768 words
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COMMENT / PERSPECTIVE
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1113 2000-06-17 13 TAN 001 BOON - MY VIEW By TAN 001 BOON WHEN tremors from the Sumatran earthquake hit parts of Singapore in the early hours of June 5, two disturbing trends about the state of public behaviour could be discerned. The first is1,113 words
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1100 2000-06-17 13 CHUA MLT HOONG - THINKING ALOUD By CHUA MLT HOONG IN THE end, the Media Big Bang turned out to be a bang with little fizz. As Singapore analyst Lim Say Boon told the Financial Times: “It’s not a big bang. It’s not even1,100 words
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INSIGHT
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Article, Illustration2022 2000-06-17 14 Yvonne Koh - The rich are getting richer and the poor, poorer, according to the latest official statistics. What can be done about the widening gap between First World salaries and Third World wages? Can it ever be narrowed? If not, what can be done2,022 words
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851 2000-06-17 14 DON REEDER - LETTER FROM ARIZONA By DON REEDER ATTENTION, Singapore! I have seen your future. It is grey and wrinkled, and often cranky. We are talking OLD here, the seemingly inexorable growth of the elderly as a share of the population not only851 words
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Article, Illustration472 2000-06-17 15 HIGH-INCOME EARNER Name: Mr Jack Chua, 38 Occupation: President, Hersing Realty Ltd. The real-estate company employs about 1,100 agents Income: 810,000 20,000 per month. Education: Bachelor of Science, honours (Building), National University of Singapore, and Masters in project management, NUS. Background: Father was aNOEL ROSALES - 472 words
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MONEY
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Article273 2000-06-17 16 Azhar Khalid - Azhar Khalid THE Singapore market trekked sideways for the most part of the week as investors remained sidelined on lingering concerns over US inflationary pressures and interest-rate uncertainty. The benchmark Straits Times Index (STI) lost 30.41 points over the week to end at 2,012.20 points. Add273 words
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Article76 2000-06-17 16 Straits Times Index The Straits Times Index lost 30.41 points on the week to 2012.20. DAY CLOSE TURNOVER Monday 2042.06 (-0.55) 213.3m ($385.5m) Tuesday 2018.63 (-23.43) 284.4m ($461.2m) Wednesday 2036.18 (+17.55) 404.6m ($597.2m) Thursday 2035.67 0.51) 381.7m ($545.8m) Friday 2012.20 (-23.47) 241.3m ($447.7m) BT-SRI Index The BT-SRI76 words
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Article2107 2000-06-17 16 Company Date ann Net earn TY LY ($m) <$m) EPS TY LY lets) (cts) ACE Dynamics Mar 23 P 0.797 0.758 0.90 0.99 Altgreen Mar 22 P 97.189 261.67L 10.1 36L Amara Hldgs Mar 28 P 2.252 2.122 0.39 037 Asia Food Mar 27 P 37.042 140.927 3.582,107 words
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Article220 2000-06-17 16 BONUS ISSUE ExBooks Acc Company Ratio date dose Paymt ASJ one-for-two Jun 21 Jun 26 NA Spore Reins one-for-ten Jun 21 Jun 26 Jul 7 UE one-for-three Jun 28 Jul 3 NA PohLian one-for-two Jun 29 Jul 4 NA L- Jacob one-for-two Jut 3 Jul 6 NA ASA220 words
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Article242 2000-06-17 16 Company Place Date Time Wassail Asia A The Dalvey Room NUS Society 9 Kent Ridge Drive Kent Ridge Guild Hse Jun 30 11.00am Straits Trading A E 9 Battery Raod #21-00 Straits Trading Building (*****0) Jun 30 11.30am Zagro A 29 Woodlands Ind Park El, North Tech #04-15/16242 words
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Article77 2000-06-17 16 Company Description SC Global SGX had given in-principle approval the proposed subdivision of each existing ord shares of $1.00 par value into two ord shares of par value $0.50 each, subject to the approval of Company's shareholders. Datacraft Proposed offer of not less than 13,280,212 and not more77 words
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Article1376 2000-06-17 16 Payment (cts) Ex date Books close Pay date ABR 5c b 0.25 Jun 26 Jun 29 Jul 13 ACE Dynamics 20c F 0.05 Jun 19 Jun 22 Jul 5 Acma 50c F 1.25 Jul 7 Jui 12 Jul 28 Allgreen 50c F 2.5 Jun 5 Jun 8 Jun1,376 words
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Article1743 2000-06-17 17 UNIT TRUSTS FUNDS Jun 17,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.387 1.457 UK Blue Chip Fd!** 0.903 0.949 American Opport Fd 1.093 1.149 Continental Euro Eqty Fd 1.305 1-371 Japan Eqty Fd!** 1.460 1.534 Asian Fixed Income Fd 0.9961,743 words
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Article, Illustration712 2000-06-17 17 DENESH DIVYANATHAN - Cable operator joins the ranks of Sing Tel and Star Hub, offering a full range of telecom services By DENESH DIVYANATHAN SINGAPORE Cable Vision (SCV) has been given the nod to offer a full range of telecommunications services ending the duopoly enjoyed previously712 words
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Article248 2000-06-17 17 LEOXG CHAN TEIK - Bu LEOXG CHAN TEIK COURIERING a 15-kg parcel from Changi to Yishun now costs less than a meal at a fast-food restaurant, thanks to cut-throat competition in the local courier industry. Since starting business here nine months ago, Australian franchise Fastway Couriers has been offering rates that248 words
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Article4212 2000-06-17 18 Transaction date: Jun 16,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr*s Nat M Cap Wt Avq High Low Company Traded Sale ♦or'000 High Law Div P/E $mil Price 182 84 101 21 122 cd 63 127 122 5 15.3 2117 121 c Alliance Tech4,212 words
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Article1252 2000-06-17 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol 'OOO Day High Low Gr*s Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 218 98.5 c AS Auto 10c 111 unch 331 113 110 10 N 44.4 145.8 112 137 79 c ASJ Hldgs 20c 90 cbi1,252 words
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Article1537 2000-06-17 19 BONDS, LOANS WARRANTS Transaction date: Jun 16,2000 52-Wk High Low Company Last Sate ♦orVol •ooo Day High Low Last Quote Buyer Seller Wt Avg Price 80 16.5 s Acma W*****4 20 ♦0.5 83 21.5 20 19.5 20 20 59 7.5 s AIITech W*****7 18 15 9 31 24.5 s Amtek1,537 words
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Article150 2000-06-17 19 (9am, Jun 16) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0350 1.0620 Canadian dollar 1.1550 1.1800 NZ dollar 0.8060 0.8270 Sterling pound 2.5860 2.6260 US dollar 1.7180 1.7290 Singapore dollars to 100 units of foreign currency Austrian schilling 11.80 12.10 Belgian franc 4.030150 words
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615 2000-06-17 20 Bu NARENDRA AGGARWAL - Bu NARENDRA AGGARWAL GOOD times are ahead for East Asia as the recovery 7 process consolidates and the region is able to rev up its economic machine once again. Says a regional think-tank: Economic growth will accelerate to a strong 4.9 per615 words
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Article, Illustration526 2000-06-17 20 DOUGLAS WONG - Foreign bank employee, who registered www.gohvickers.com, gives up address peaceably Bit DOUGLAS WONG WHILE the fate of the GK Goh-Vickers Balias megamerger will be decided by minority shareholders on Monday, the dust from a battle for www.gohvickers.com, the domain name of the526 words
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Article350 2000-06-17 20 IGNATIUS LOW - Bil IGNATIUS LOW A “No Tie” policy may signify a supposedly more congenial office atmosphere, but the hordes of companies rushing to adopt this practice are leaving victims in their wake. The woes of entrepreneur Rick Soh are symptomatic of the switch as Shenton Way takes350 words
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Page 19 Advertisements
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Advertisement17 2000-06-17 19 Buy It. Sell It. Find It. Classified. ■Y V: CAT.S. Call Today For Results Tomorrow. 1800-737-1166 t.17 words
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Page 21 Advertisements
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Advertisement680 2000-06-17 21 The Straits Times Weekly Edition a member of SembCorp Industries Limited is a market leader in the coin and collectible business. We are looking for a young and dynamic professional to fill our opening as: Accountant The appointee will be responsible for management reporting,general ledger, overseeing accounts payable, assist in680 words
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Page 22 Advertisements
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Advertisement982 2000-06-17 22 website: http://www.yellowpages.com.sg <4 We operate on day week arket Research Executive You are required to conduct research on the company's range of products and other similar products in the market so as to support the development of marketing programs. You will also analyse market trends for existing and new product982 words
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FORUM
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Article, Illustration460 2000-06-17 23 ALL the hoo-ha about genetically- modified (GM) food labelling is not unfounded. Everyone has strong beliefs about food, be they environmentalists, vegetarians or Muslims. There could also be a handful of food-allergen sufferers. Given the complications, the big question is: What will the authorities choose toREUTERS - 460 words
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Article316 2000-06-17 23 Who monitors SDF’s investments I READ with interest the article, “Making the leap in life sciences'” (ST, June 12). Mr Philip Yeo’s incredible drive in setting up the Institute of Molecular and Cell Biology’ 14 years ago, to the current team of3oo multi-national personnel and notably, the recent award of316 words
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535 2000-06-17 23 SEVERAL Forum contributors have raised questions recently about the security of banking on the Internet. In the 2 V 2 years DBS has offered Internet banking, the service has been accessed more than 10 million times, without a single unauthorised transaction. There are two535 words
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477 2000-06-17 24 SANDRA DAVIE - To further lifelong education, the exams are open to all who meet the age criteria 16 for N and 0,18 for A and those resitting *L SANDRA DAVIE YOU need not even have attended secondary school to attempt the N, O477 words
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Article, Illustration62 2000-06-17 24 Spectator stands going up at the Padang for the National Day Parade, which is less than two months awav. Soldiers were hard at work laying the groundwork for NDP 2000, which promises to be an exciting mix of the old and the new. Besides the parade,STEVEN I.EE - 62 words
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217 2000-06-17 24 DENESH DIVYANATHAN - By DENESH DIVYANATHAN WANT to make a free mobilephone call? Just listen to an advertisement. The latest offering by SingTel Mobile, 1911-FreeCall, enables customers to enjoy up to 100 free minutes of talk-time each month, so long as they can put up217 words
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Article406 2000-06-17 24 TAMMY TAN - Bi, TAMMY TAN IN THESE days of the new 7 economy, it just isn't cool to be known by anything other than your given name. Sc Singapore Telecom’s chief executive and group president, Brigadier-Generai (NS) Lee Hsien Yang, has asked his 13,000 staff to call him406 words