The Straits Times : Weekly Overseas Edition, 24 June 2000
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2000-06-24
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The Straits Times : Weekly Overseas Edition
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Title Section19 2000-06-24 1 The Straits Times Weekly Edition Saturday June 24,2000 Price: S$ 1.20 (in Singapore) lElsewhere by subscription only MITA 074/08/9919 words
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Article, Illustration324 2000-06-24 1 ARLINAARSHAD - ARLINAARSHAD MADAM Linda Woo has kidney failure and lupus, and never thought she could have a baby safely. Doctors said her baby had a 50-50 chance of being born alive. So Paul Jay Ng, born six weeks premature at the Singapore General Hospital in February, seems a miracle.NG SOR LUAX - 324 words
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507 2000-06-24 1 SITIANDRIAME - A brain drain of high-calibre people will hurt S pore, unlike China with its vast talent pool il SITIANDRIAME CHINA can afford to have only one top student return for even 7 three or four it sends abroad, but Singapore cannot.507 words
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Page 1 Advertisements
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Advertisement62 2000-06-24 1 Living sl4m man in HDB flat Mainboard-listed company Adroit’s founder spurns the trappings of the CEO life by living in a five-room Housing Board flat in Tampines. page 5 E DUCATION Doctor Supply UQ r* Cy 9 Shortfall in doctors reopens the thorny issue of the 200-student cap for the62 words
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PRIME NEWS
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550 2000-06-24 2 TAMMYTAN - Biggest ever overseas deal by a GLC pips Hongkong’s Li Kashing in race to take Aussie transmission grid network Bit TAMMYTAN SINGAPORE Power (SP) has outbid Li Kashing’s Hongkong Electric with a As2.l billion (552.2 billion) offer to acquire Australia’s largest transmission grid network the550 words
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Article, Illustration378 2000-06-24 2 A GIANT computer screen, huge dancing robots and a “human castle” will take over the Padang on Aug 9. No, it is not the set of a science fiction movie, but just part of the display planned for the public at this year’s National Day Parade. SomePICTURES: LAU FOOK KONG - 378 words
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485 2000-06-24 2 IGNATIUS LOW - Bu IGNATIUS LOW THE Monetary Authority of Singapore (MAS) has announced new rules requiring Singapore banks to separate their financial and non-finan-cial activities in three years' time. The move is aimed at getting banks to concentrate on their core business and reduce the risk485 words
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HOME
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Article487 2000-06-24 3 The agent of change should be market-driven forces not the state, it charges in a report SINGAPORE has taken “bold steps in the right direction” towards a knowledge-based economy (KBE), but the strength of its government-linked companies (GLCs) and the govern-ment-controlled media monopoly may work487 words
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469 2000-06-24 3 ALETHEA LIM - By ALETHEA LIM ROLLED-UP newspapers, blisters on the vinyl flooring, traces of petrol these roused suspicions that the fire at the Ang Mo Kio flat which claimed six lives may have been arson. And on June 16, a coroner’s court passed a verdict of manslaughter469 words
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Article, Illustration595 2000-06-24 3 YEOH EN-LAI - bil YEOH EN-LAI FOR two weeks after he helped rescue four people from a blazing three-room flat, Mr Murugaya Rajoo had nightmares every night. The voices of the people he pulled out of the fire came back to haunt him night after night. It affected him soJOYCE FANG - 595 words
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Article, Illustration230 2000-06-24 4 ALFRED LEE - ALFRED LEE IN LONDON ONE of the world’s leading milliners, Mr Philip Treacy, is giving Singapore a big boost by designing his new range of famous hats in the style of Singapore orchids. Mr Treacy, 33, who makes hats for the Royal family andREUTERS - 230 words
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577 2000-06-24 4 ALETHEA LIM - Architect defamed former V-P out of'personal spite, ill-will and vengeance’, judge rules §!L ALETHEA LIM A FORMER vice-president of the Tanglin Club was awarded slso,oooin total damages last Monday in his defamation suit against a club member. Lawyer Chandran Arul, 65, had sued architect Victor577 words
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301 2000-06-24 4 KOH BOON PIN - Bu KOH BOON PIN A SINGAPOREAN pilot, Mr Faizul Mohamad Ibrahim, 29, was one of two men who died when their plane crashed into the South China Sea last Sunday morning, about 100 m from Mersing. Mersing, a town on peninsular Malaysia’s East Coast,301 words
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Article, Illustration63 2000-06-24 4 ‘Obsessed with the belief that Arul was witch-hunting him, he set out single-mindedlu to destroy his character and reputation and to get rid of him from all office in the club... If that is not malice, I dont know what is. —JC Chan Seng Onn, In finding for63 words
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Article, Illustration688 2000-06-24 5 LEE SU SHYAN - Adroit’s prime mover spurns the trappings of the CEO lifestyle, diverting money into his business *IL LEE SU SHYAN TO MOST people, the lifestyle of a chief executive officer of a listed company conjures up a very swanky image indeed.DESMOND FOO - 688 words
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553 2000-06-24 5 IRENE NG - b<l IRENE NG MOST young Singaporeans hold negative attitudes towards homosexuals and are generally quite conservative on the matter, according to a recent academic survey. In the study, most students polled said that they would feel upset if they discovered that their child,553 words
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139 2000-06-24 5 THE Supreme Court has built a futuristic Technology Court in its complex at St Andrew’s Road, the second since July 1995. The $1.9 million court uses a state-of-the-art audio-visual system which allows evidence to be stored on video cassettes, digital video discs and VCDs. Evidence can139 words
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Article, Illustration1055 2000-06-24 6 YAPCHUEN WEI - Shortfall in doctors reopens issues of the cap on intake of medical students and the limited number of approved varsities SPOTLIGHT: MEDICAL QUOTA By YAPCHUEN WEI THE Health Ministry’s (MOH) review of the doctor shortage has focused attention again on the quota of1,055 words
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Article, Illustration293 2000-06-24 6 IT IS a race that has reduced grown men and women to tears. Half the participating teams do not complete the gruelling 500-km Eco-Challenge every year. But Team Singapore Power is determined to fight to the end in Sabah, Malaysia, this August. The groupYEN MENGJIIN - 293 words
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Article, Illustration384 2000-06-24 7 ELENACHONG; and CHAN KAY MIN - Decorated top army medical officer admits to making sexual advances to married subordinate By ELENACHONG and CHAN KAY MIN SINGAPORE’S chief army medical officer was on June 16 demoted from colonel to major after he admitted making sexual advances to a married woman subordinate. LowSTEPHANIE YEOW - 384 words
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364 2000-06-24 7 EDMUND TEE - *L EDMUND TEE TELECOMMUTING appears to be taking root here. About one in 11 people in a survey by the Nanyang Technological University said that he now worked from home during the day instead of going to the office. But these people are364 words
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Article, Illustration415 2000-06-24 7 SELINA LUM - §1 SELINA LUM WHAT would you do if you were offered $lOO,OOO to look the other way? Staff Sgt Somasundaram Mookaiah, 38, faced this situation at a car park in Clementi West on March 13, when a man suspected of harbouring illegal immigrants thoughtDESMOND FOO - 415 words
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Article108 2000-06-24 7 Chua Lee Hoong in Berlin PRIME Minister Goh Chok Tong and Mrs Goh have become grandparents. Their first grandchild is a girl, four months old, with both a Christian name, Emma, and a Chinese name, Yi Xian. The news broke during an informal dinner that SingaporeChua Lee Hoong in Berlin - 108 words
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Article, Illustration537 2000-06-24 8 YEOH EN-LAI - After six years in a Philippine jail, former shipyard worker plans a fresh start and counts the days to his release Bn YEOH EN-LAI AFTER six years of high fences, guard dogs and wardens, Jeremiah Osmond, 42, is longing to be back in Singapore. TheENRIQUE SORIANO - 537 words
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193 2000-06-24 8 MORE than 100 Singaporeans are believed to be behind bars overseas. A substantial number are jailed in Thailand, according to a Bangkok Metropolitan Police officer. More than “100 from Singapore” are in the nation s prisons, he said. Singaporean detainees overseas include former SIA193 words
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Page 8 Miscellaneous
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Miscellaneous1061 2000-06-24 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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Article, Illustration561 2000-06-24 9 GERARD WONG - Only eight, but Jane King is already a wakeboarding champion in an adult category Bn GERARD WONG DO NOT let her size or age fool you. Peixin Primary School student Jane King may be 1.45 m tall and three weeks shy of herPICTURES: BRYAN VAX DER BEEK - 561 words
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Article, Illustration586 2000-06-24 9 CHAN TSE CHLEEN - SWIMMING §IL CHAN TSE CHLEEN SWIMMER Leslie Kwok will spend the three months before Olympics in idyllic Hawaii working hard. The 27-year-old left on Wednesday for the University of Hawaii (UH), after enrolling in. a programme tailored for sprinters like him. AndGEORGE GASCON - 586 words
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MALAYSIA
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516 2000-06-24 10 BRENDAN PEREIRA - By BRENDAN PEREIRA MALAYSIA CORRESPONDENT TALK about a storm in a teacup. When Prime Minister Mahathir Mohamad said last Saturday that a Chinese or Indian could be the chief executive of the country one day, he was stating a legal fact. Nowhere in the516 words
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576 2000-06-24 10 Farms with infected pigs will have to destroy entire stock; farmers and workers being tested for virus, warned not to smuggle animals out AFP, AP, Bernama KUALA LUMPUR The Nipah virus, which killed more than 100 Malaysians last year, may have resurfaced with the– AFP,; AP,; Bernama - 576 words
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Article289 2000-06-24 10 ANWAR'S TRIAL AP, AFP KUALA LUMPUR The sodomy trial of Malaysia’s former Deputy Premier Anwar Ibrahim came to an abrupt halt on Wednesday after more than a year of testimony, spread over 108 hearings. The defence team said it had formally rested its case.– AP,; AFP - 289 words
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Article, Illustration59 2000-06-24 10 WHITE MARVEL Malaysia's first white tiger cub, bom recently in Kuala Lumpur, being cuddled on Wednesday by Ms Peggy Sheum. Only one out of every 10,000 tigers is bom white, even if both parents are white. White tigers owe their unique colour to a recessive gene known asAP - 59 words
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SOUTH-EAST ASIA
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Article, Illustration497 2000-06-24 11 MARIANNE KEARNEY - Indonesian minister Kwik calls for tougher measures as sectarian violence keep investors away By MARIANNE KEARNEY STRAITS TIMES INDONESIA BUREAU JAKARTA Co-ordinating Economics and Finance Minister Kwik Kian Gie, lamenting that on-going sectarian violence and social conflict was damaging Indonesia’s fragile economy and investment climate, called for''RI.ITKKV - 497 words
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Article396 2000-06-24 11 ROBERT GO - By ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesia’s latest political skirmish reached feverish pitch on Wednesday when the Attorney-General’s Office detained central-bank governor Syahril Sabirin over his alleged involvement in the Bank Bali scandal. Mr Syahril was formally named a suspect in the politi-cally-charged case396 words
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530 2000-06-24 11 LUZ BAGUIORO - THE ABU SAYYAF KIDNAP By LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA While the Philippines itself is sticking to its noransom policy, it will not prevent other governments from paying for the release of their nationals held by Abu Sayyaf gunmen in a southern530 words
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COMMENT
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Article590 2000-06-24 12 THURSDAY JUNE 22,2000 THE horror of the 58 Chinese nationals who suffocated in a sealed truck trying to get into Britain through Dover is not going to slow down the modern-day slave trade. This is the bald truth. The sooner it is acknowledged by governments of prosperous590 words
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Article613 2000-06-24 12 TUESDAY JUNE 20,2000 LATER in the year, a new trend in housing an ageing population will undergo evaluation when the first tenants move into their Housing Board studio flats. National Development Minister Mah Bow Tan said last weekend that future construction would depend on sales of613 words
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Article, Illustration885 2000-06-24 12 ALAN JOHN - SECOND LAST WORD By ALAN JOHN STANDING in the spanking new atrium of the Singapore Institute of Management off Clementi Road on Saturday night, I wondered what we’d got ourselves into on the way to the Arts Festival. What a fiercely powerpacked885 words
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COMMENT / PERSPECTIVE
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1114 2000-06-24 13 GEOFFREY PEREIRA - MY VIEW By. GEOFFREY PEREIRA DO YOU remember the main headline on the front page of The Straits Times yesterday? Have you learnt cardiopulmonary resuscitation and do you remember how to administer it? According to one report in The Straits Times last year, 4001,114 words
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1088 2000-06-24 13 SONNY YAP - THINKING ALOUD By SONNY YAP INCREDIBLE as it may seem, a word more associated with Italian arias, Latin lovers and Romantic poetry has entered the Singapore lexicon and become the flavour of the season. In official speeches, cocktail conversations and media interviews these1,088 words
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INSIGHT
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Article, Illustration2553 2000-06-24 14 Last Sunday, National Development Minister Mah Bow Tan toured Bukit Panjang in the sixth ministerial visit of the year apolitical tradition that goes hack to 1962. Have these walkabouts outlived their usefulness in the age of multimedia communications? LYDIA UM finds out2,553 words
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MONEY
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Article285 2000-06-24 16 Chee Jann Perng - Chee Jann Perng IT WAS yet another uneventful week for the Singapore stock market as it continued its consolidation above the 2,000 level for the benchmark Straits Times Index (STI). Both institutional and retail investors were still on the sidelines ahead of the US Federal Reserve’s Open285 words
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Article2181 2000-06-24 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 Alexandra Jun 20 P 4.018 0.436 13.4 1.45 Allgreen Mar 22 P 97.189 261.67L 10.1 36L Amara Hldgs Mar 28 P 2.252 2.122 0.39 0372,181 words
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Article194 2000-06-24 16 BONUS ISSUE ExBooks Acc Company Ratio date close Paymt 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 ASA Ceramic one-for-five Jul 6 Jul 11 NA St Trdg one-for-five Jul 6 Jul 11 NA SM Summit194 words
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Article251 2000-06-24 16 Company Place Date Time SIA A E The Westin Stamford Westin Plaza 2 Stamford Rd Olivia Rm 4th Level Jul 15 10.00am SATS A Les Oiseaux Room Marina Mandarin Hotel 6 Raffles Boulevard Level 5 <*****4) Jul 14 3.30pm ST Engg E Oleander Suite Level 2 Holiday Inn251 words
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Article77 2000-06-24 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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Article75 2000-06-24 16 Straits Times Index The Straits Times Index rose 22.11 points on the week to 2034.31. DAY CLOSE TURNOVER Monday 1996.18 (-16.02) 286.6m ($395.7m) Tuesday 2010.08 (+13.90) 310.8m ($456.9m) Wednesday 2029.34 (+19.26) 265.1m ($403.4m) Thursday 2028.62 0.72) 229.4m ($645.1m) Friday 2034.31 5.69) 271.6m ($529.0m) BT-SRIIndex The BT-SRI Index75 words
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Article1169 2000-06-24 16 Payment (cts) Ex date Books close Pay date ABR 5c b 0.25 Jun 26 Jun 29 Jul 13 ACE Dynamics 20c F 0.05 Jun 19 Jun 22 Jul 5 Acma 50c F 1.25 Jul 7 Jul 12 Jul 28 Ailgreen 50c F 2.5 Jun 5 Jun 8 Jun1,169 words
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Article1735 2000-06-24 17 UNIT TRUSTS FUNDS Jun 24,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mqt Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.500 1.575 UK Blue Chip Fd!** 0.910 0.956 American Opport Fd 1.082 1.137 Continental Euro Eqty Fd 1.288 1.354 Japan Eqty Fd!** 1.534 1.612 Asian Fixed Income Fd 1.0041,735 words
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Article, Illustration311 2000-06-24 17 DOUGLAS WONG - Bu DOUGLAS WONG MAINBOARD-LISTED MPH turned the first page on its regional expansion on Thursday by taking a 16.3 per cent stake in China’s largest private bookstore chain for $3.6 million. Its Internet subsidiary MPH Online.com which made the investment has an option toALBERT SIM - 311 words
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Article373 2000-06-24 17 EDNAKOH - Analysts see move as beneficial as banks can use proceeds from sale to bolster their-bottom line Ĕ!L EDNAKOH ALL five locally listed Singapore banks support the Government’s directive that they separate their financial activities from non-financial ones, saying that it is “a step in the right373 words
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299 2000-06-24 17 EDNA KOH - *L EDNA KOH WILL Keppel Tat Lee Bank called by any other name still sound as solid? That is a question that will be asked of all the bank-linked groups that have to split financial from non-financial activities. For Keppel Tat Lee, the299 words
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Article3891 2000-06-24 18 Transaction date: Jun 23,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Cfs Nat M Cap WtAvg High Low Company Traded Sale ♦or--000 High Low Div P/E Smil Price 182 83.5 190.7 64 26 118 cd unch 68 118 117 5 14.8 204.8 119 25.5 213,891 words
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Article1274 2000-06-24 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Gr's Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 218 98.5 C •AS Auto 10c 111 -1 476 112 110 10 N 44.4 145.8 in 91.3 52.7 c ASJ Hldgs 20c 65 xbi1,274 words
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Article1534 2000-06-24 19 BONDS, LOANS WARRANTS Transaction date: Jun 23,2000 52-Wk High Low Company Last Sale ♦orVol '000 Day High Low Last Ouote Buyer Seller Wt Avg Price 80 16.5 s Acma W*****4 ....18.5 -0.5 50 19 18.5 18 19 19 53.5 7.5 s AIITech W*****7 18 1 15 9 31 24.5 s1,534 words
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Article159 2000-06-24 19 (95m, Jun 23) Buying OD Sellinq Singapore doi'ars to one unit o' foreign currency Australian do"ar 1.0260 1.0-410 Canadian dot'ar 1.1620 1.1870 NZdol'ar o.seso 0.8260 Sterling pound 2.6080 2.6350 US dol’ar 1.7290 1.74C0 Singapore dollars to 100 units of foreign currency Austrian schiMing 11.69 11.94 Eelg an franc 3.990159 words
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Article599 2000-06-24 20 EDNA KOI - Businessman Ong Beng Seng stays away from Vickers EGM but leads shareholders by proxy in saying ‘nay’ to merger Bit EDNA KOI! THE top brass at GK Goh and Vickers Balias put on a brave front on Monday after their proposed merger failed to get599 words
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Article, Illustration114 2000-06-24 20 *The amount of money spent is not the issue here. The time and opportunity lost in this whole transaction are more important... Chairman and founder Goh Geok Khim, when asked what GK Goh had spent on the merger bid We would like to thank114 words
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596 2000-06-24 20 DOUGLAS WONG - By. DOUGLAS WONG SURPRISED at the result? Mr Ong Beng Seng was. But not the management of Vickers Balias and GK Goh who had started the day knowing that minority shareholder support for their merger plan was less than forthcoming. “Of course we’re disappointed,” said596 words
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Page 19 Advertisements
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Advertisement16 2000-06-24 19 Buy It. Sell It. Find It. Classified. j*3L (BN* CAT.S. Call Today For Results Tomorrow. 1800-737-116616 words
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Page 21 Advertisements
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Advertisement992 2000-06-24 21 The Straits Times Weekly Edition j customer service specialist Our company, ACS, is part of the NOL Group of Companies, with core businesses in international transportation and logistics with approximately USD 3 billion in annual revenues. ACS provides a broad range of logistics services in a comprehensive and growing network992 words
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Page 22 Advertisements
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Advertisement677 2000-06-24 22 Automated Test Communications Solutions Electronic Products Solutions Chemical Analysis Healthcare Solutions Semiconductor Products made real. US$B.3 billion net revenue. And ■r r jBl > I WW m wmF m .«mm» < we've just started. As exciting as Agilent. US$B.3 billion net revenue. 20,000 products. A rich technology portfolio. Leadership in677 words
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FORUM
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Was justice served?
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Article, Illustration391 2000-06-24 23 I READ with grave concern the report, “Colonel in sex case demoted”. The punishment meted out by the military court in the form of demotion and forfeiture of retirement benefits is far too lenient. The accused “hugged and kissed the victim, unbuttoned her blouse and391 words
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430 2000-06-24 23 I READ with discomfort the letter, “Colonel deserves heavier sentence”, by Mr Francis Cheng Choon Fei. The colonel, a loyal servant of the nation, has served in the Singapore Armed Forces (SAF) for more than 17 years and received the Public Service430 words
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Article255 2000-06-24 23 I REFER to the article, “Are ministerial visits still relevant in the Internet age?” When the Government wants to find out people’s reactions to its policies or what worries them, it is logical that the state should go to them. Thus, ministerial visits are useful; they255 words
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117 2000-06-24 23 THE move by the Ministry of Education to let mature students sit for GCE examinations is a welcome one. I hope similar opportunities become available in universities here too. A friend who migrated to Canada enrolled in a university there as a mature117 words
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Article96 2000-06-24 23 THE talk of pulling out US troops from South Korea is premature. A different train of thought should be pursued. If North Korea is truly hurting, then there is a way out: Station US troops in North Korea, if it would accept them. Before96 words
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497 2000-06-24 24 SALMA KHALIK - WHO’s first global analysis of health systems ranks Singapore ahead of Japan, the only other Asian nation in the top 50 Bi/ SALMA KHALIK SINGAPORE has the most effective health system in Asia, surpassing even that of Japan. It ranked sixth in the World Health497 words
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Article, Illustration340 2000-06-24 24 SANDRA DAVIE - Bt/ SANDRA DAVIE SINGAPORE’S education system is again in the limelight in the United States this time because of a high-school student who said his early education here helped him to get a perfect score in his college entrance test. William Horn, whoDENVER POST - 340 words
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392 2000-06-24 24 KAREN WONG - *L KAREN WONG THREE youths who beat up a lawyer who ticked off their friend for using his mobile phone during a movie were each sentenced last Wednesday to 15 months’ jail and three strokes of the cane. Teo Bee392 words