The Straits Times : Weekly Overseas Edition, 2 September 2000

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Total Pages: 23
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday September 2,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/2000
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  • 676 1  -  Let those with young children work from home too, says panel looking into declining birth and marriage rates By. SUSAN LONG THE latest measures to address Singapore’s declining marriage and birth rates include steps to give civil servants leave to get married, and to
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  • 265 1 YESTERDAY marked the first day for orators at Speakers’ Comer the square of green in Hong Lim park, where any Singaporean can air his view on anything except for topics on race and religion. It saw a cool start in the morning, with
    SIM CHI YIN  -  265 words
  • Page 1 Advertisements
    • 67 1 Courts Hello Kitty Assault: Two Jailed A man (right) and his son, who assaulted a doctor queueing in a McDonald s outlet for Hello Kitty collectibles, were given four months’ jail. page 5 Eworldofsports saga Passports Impounded by CAD The staff of UOB Asia involved in the disastrous initial public
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    • 2 1 *****1 *****6
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  • PRIME
    • 454 2  -  Chinese students doing best all round, with Malays and Indians showing big improvement from 10 years ago Bu M. NIRMALA MORE students from all races are now going on to post-sec-ondary education, pushing the national average up to almost 90 per cent. Last year,
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    • 176 2 FROM Monday, commuters rushing to work or school can pick up their free copy of Streats from bright orangecoloured booths near bus interchanges, MRT stations and shopping centres islandwide. Streats, the 12th newspaper from media group Singapore Press Holdings (SPH), will be available from 7 am,
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    • 340 2  -  Bt TAN OOI BOON and NEAL COOKE MOTORISTS are not required to insure the value of their vehicle’s Certificate of Entitlement (COE), the Land Transport Authority’ has said. They will not suffer any loss on the COE if their vehicle is wrecked or
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    • 404 2  -  Bn KAREN WONG AN INDONESIAN teenager who hacked into a Singapore server from abroad, and modified it, was slapped with a fine of $15,500 in the Juvenile Court on Wednesday. The 15-year-old private student who later hacked into the same server again
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    • 226 2  -  EUNICE LAU FIRST, Singapore-trained nurses were wooed to work in Britain. Now, it appears, health officials from Singapore may be hoping to persuade young Singaporean medical students and doctors being trained in Britain to return home. A senior health official will be visiting final-year
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    • 367 3  -  SANDRA DAVIE EDUCATION CORRESPONDENT SINGAPOREANS from all walks of life from ministers and industry chiefs to policemen and teachers will soon get a crash course on the basics of life sciences. The National University of Singapore, which has already conducted some for the
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    • 708 3  -  This is one million more than the figure 10 years ago; foreigners now make up one quarter of the total numbers By LAURELTEO Singapore’s population has surged past the four-million mark, with the increase being made up largely through an influx of foreigners. More than
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    • 249 3  -  Bij EUNICE LAU and CHONG CHEE KIN A MAN was found shot dead in the Chin Swee Road area last Saturday night. The victim, Jagabar Sathik, 39, a Singapore permanent resident, was an assistant to a money changer. He was married and had three
      NC SOR LUAN  -  249 words
    • 351 3 A TOTAL of 296 out of 397 commercial buildings and private apartment blocks which are more than 25 years old have been checked over the past four days, after a scare over contaminated drinking water. The Ministry of the Environment (ENV) said in a press
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  • HOME
    • MAKING SINGAPORE FAMILY-FRIENDLY
      • 477 4  -  The odds are that young people thrown together will take to each other, so Govt to look into building more hostels CINDY LIM and ARLINA ARSHAD TWO Raffles Hall second-year undergraduates spent so much time rehearsing their lead roles for their hostel’s drama production
        GEORGE GASCON  -  477 words
      • 548 4  -  By CINDY LIM ONLY three childcare centres in Singapore look after children from two to 18 months and two of them can care for only seven babies at any one time. The three centres are The Children Learning Centre (TCLC) at KK Women’s
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      • 452 4  -  By SUSAN LONG EMPLOYEES at the Central Provident Fund Board used to saunter in at 8.30 am on Saturdays, work through the morning, then scuttle off to enjoy their I V2 -day weekends as soon as it was 1 pm. Not any more. Now 7 they
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    • 500 5  -  Bu KAREN WONG A MAN and his son, who assaulted a doctor queueing in a McDonald’s restaurant earlier this year for Hello Kitty collectibles, were both given four months’jail on Monday. In sentencing lorry driver See Chet Pin, 45, and full-time national
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    • 384 5 A MAN who poured urine on the face of a woman and punched her boss was described as “thoroughly uncivilised” by the Chief Justice and packed off to jail for four weeks. Car dealer Teo Chui Suwa, 46, had been fined a total
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    • 458 5  -  Give your views as urban planners work on how to make use of the limited land here to house a larger population By LYDIALIM HOUSING CORRESPONDENT SINGAPORE could face a shortfall of 4,000 ha of land when its population swells to 5.5 million, which it
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    • 163 5 THE Government has signed its first agreement with a private-sector company to help bring in 1,000 information technology professionals within a year from the region. The agreement, which will help alleviate the shortage of IT workers here, was signed last
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    • 271 6 It plans to embark on special drive to meet its target of upping membership to 360,000 by the end of next year THE Singapore labour movement is determined to increase its membership by 60,000 workers by the end of next year. The National Trades Union
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    • Article, Illustration
      72 6 MYSTERY HALO: Those who looked up at the sky last Saturday afternoon would have spotted a halo around the sun, as seen in this picture taken along Kim Seng Walk at about 2.45 pm. Excited readers who called The Straits Times with UFO-sightings will be disappointed though. The
      DARREN SOH  -  72 words


  • Page 6 Miscellaneous
    • 1062 6 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • 528 7  -  Top players from Singapore have been receiving offers from Japanese and European clubs since May TABLE TENNIS ill CHANTSE CHUEEN SINGAPORE’S top table tennis players are wanted by clubs in Japan and Europe. Offers to hire them have been pouring in since May, according to the Singapore
      ALBERT SIM  -  528 words
    • 305 7  -  MOTOR RACING Ernest Luis SINGAPORE’S motor racing hope Christian Murchison may have finished second in Australia’s Formula Holden Championship series but he has been voted the Rookie of the Year. He finished second overall in the last race of the eight-leg championship
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    • 280 7  -  S-LEAGUE Bi, KAREXWONG TWO foreign S-league footballers were charged with corruption on Tuesday. Australian Mirko Jurilj, 26, a defender from Sembawang Rangers, and German goalkeeper Lutz Pfannenstiel, 27, from Geylang United, each face three charges of agreeing to accept bribes in exchange for fixing matches
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  • MALAYSIA
    • 633 8  -  The slowdown in the community's birth rate is not setting off alarm bells because it lightens the burden on the community, say Indian leaders Bu LESLIE LAU IN KUALA LUMPUR INDIAN leaders in Malaysia are not sounding any alarm bells over the declining birth
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    • 74 8 PORTRAIT OF HISTORY! Malaysians look at a painting in downtown Kuala Lumpur showing Prime Minister Mahathir Mohamad and the country’s former prime ministers during an art exhibition. Malaysia celebrated its National Day on Thursday, the 43rd of its history. In a show of national pride, state governments
      AP  -  74 words
    • 511 8 Bernama, AP KUALA LUMPUR There will be more interaction, especially between the younger leaders of Malaysia and Singapore, Foreign Minister Datuk Seri Syed Hamid Albar said on Sunday. He said Umno Youth leader Datuk Hishammuddin Hussein w r ould lead a delegation to
      Bernama,; AP  -  511 words
    • 259 8 Bernama LONDON Two months after running from her parents, 15-vear-old Oxford prodigy Sufiah Yusof has made her plans clear she w r ants a court order to remain with her foster parents and does not want to go back to Oxford University*.
      Bernama  -  259 words

  • SOUTH-EAST ASIA
    • 387 9  -  LUZBAGUIORO PHILIPPINES CORRESPONDENT MANILA The Philippines on Wednesday came under renewed pressure to get tough with Muslim extremists after its policy of restraint encouraged them to add an American tourist to their growing list of captives. But while politicians espouse military action
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    • 479 9  -  There is still confusion as to whether Jakarta wants to renegotiate terms of US$5-billion, three-year credit deal %ROBERT GO and SUSAN SIM STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesia has asked the International Monetary Fund (IMF) to postpone an upcoming board review
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    • 408 9  -  By DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU JAKARTA— Former President Suharto on Thursday failed to show up for trial, further tainting the Indonesian legal system and casting serious doubts on whether Jakarta will be able to pursue its most high-profile corruption case. A panel of
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    • 163 9 AFP DILI East Timorese in their thousands on Wednesday commemorated the first anniversary of their costly vote for independence from Indonesia with thanksgiving and prayers for their dead. But in Indonesian-ruled West Timor the pro-Indonesia militia responsible for last year’s post-vote carnage, ran amok beating up journalists, smashingcars
      – AFP; AP  -  163 words

  • COMMENT
    • 582 10 TUESDAY AUGUST 29,2000 ON MONDAY, a governmentappointed committee which had been studying ways of stimulating marriages and births presented more pro-fam-ily measures. Its main recommendations for the Civil Service three days’ paternity leave for up to three children, mothers working from home where practicable, flexible starting times
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    • 560 10 WEDNESDAY AUGUST 30,2000 THE trade agreement which Singapore and New Zealand initialled will not bring down tariffs much lower than they are on either side. That was not the purpose, as both are undistorted economies whose small home markets have made a necessity of integration with
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    • 755 10  -  SECOND LAST WORD By SIACHEONGYEW DRAMATIC changes are sweeping the world. With deregulation and liberalisation, we are now competing in a globalised economy. Rapid technological advances are hitting us. Go for skills upgrading to survive the new economy. By now, I can almost
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    • 1104 11  -  MY VIEW By LYDIA LIM THERE was a time when most of us ate simply and fish and meat were seen as festive fare. Now a growing number of us can afford to dine on East-West fusion cuisine and kawa-kawa fish from Fiji- Once we
      LUDWIG ILIO  -  1,104 words
    • 1202 11  -  THINKING ALOUD B'J IRENE N G EVERY so often, we would peer at our watches. We were waiting for Senior Minister Lee Kuan Yew’s one-on-one meeting with Malaysian Premier Datuk Seri Dr Mahathir Mohamad to end. It was past the scheduled one
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  • Sharing the nation's wealth with Singaporeans
    • 452 12 / 13 Government to pay the basic premium for 2 years MediShield Scheme for the Elderly is a scheme introduced by the Government to help elderly Singaporeans aged 61 and above meet the medical cost of major or prolonged illnesses that their Medisave balances may not have enough
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    • 405 12 / 13 Government to top-up between $500 and $1,700 The Government will be giving a CPF Top-up to share with Singaporeans some of the wealth resulting from the better than expected performance of the economy. The top-up ranges from $500 to $1,700 and will be paid in 2
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  • Page 12 / 13 Advertisements

  • INSIGHT
    • 1862 14 In his National Day Rally speech, the Prime Minister called on Singaporeans to think and act like revolutionaries to meet the challenges of the new economy. He quoted management consultant Gary Hamel, who thinks that insurgents are defeating incumbents in the new industrial
      NOEL ROSALES  -  1,862 words
    • 1407 15  -  LAST WEEK IN POLITICS By CHUA LEE HOONG BLAME it on the sexual revolution. The demographic disaster that looms over Singapore has its roots in one simple fact: Women stepped out of the home and into the workplace. If they got back to home and
      JAHAN  -  1,407 words
    • 498 15  -  WHAT READERS SAY Sandra Davie IT. IS time to recognise the polytechnic route as a legitimate way to university and allot more places to diploma holders in the local universities. This summed up the thrust of what 46 readers said in response to
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  • MONEY
    • 314 16  -  Azhar Khalid THE Singapore market ended slightly lower this week on lacklustre trading with the benchmark Straits Times Index (STI) losing 5.59 points over the week to 2,160.7 points. After a brief rebound on Monday the market fell for the next three sessions but
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    • 2371 16 Company Date ann Net earn TY LY <$m) <$m) EPS TY LY (cts) (cts) Achieva Aug 14 1 3.892 1.886 1.19 0.61 Alexandra Jun 20 P 4.018 0.436 13.4 1.45 Allied Aug 29 F 5.879 5.356 2.7 2.9 Air Ocean Jun 26 P 4.611 3.395 2.02 1.49 Amtek
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    • 183 16 BONUS issue ExBooks Acc Company Ratio date dose Paymt Comfort one-for-two Sep 13 Sep 18 NA Lung Kee one-for-four Sep 7 Sep 12 NA Gul Tech one-for*five Aug 23 Aug 28 NA RIGHTS ISSUC ExBooks ACC Company Ratio date dose Paymt OTHERS ExBooks Acc Company Ratio date dose
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    • 251 16 Company Place Date Time G8 Holdings A 29 Loyang Crescent S’pore (*****5) Sep 25 10.00am SingTel A 31 Exeter Road E Comcentre Theatrette 3rd Floor Comcentre 1 Podium S’pore (*****2) Sep 23 2.30pm Vickers Balias E Crystal Ballroom Level 2 Holiday Inn Park View S’pore (*****6) Sep 20
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    • 76 16 Straits Tims Index The Straits Times Index fell 5.59 points on the week to 2160.70 DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday IT-SII Index 2176.1K+ 9.82) 2166.68 9.43) 2165.34 (-1.34) 2147.77 (-17.57) 2160.70 (+12.93) 214.9m ($368.8m) 192.8m ($368.2m) 218.5m ($396.9m) 193.6m ($413.3m) 225.6m ($386.6m) The BT-SRI
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    • 707 16 Payment (cts) Ex date Books close Pay date Australand ASOc f A3.0 Aug 30 Sep 4 Sep 22 Amtek Engrg 20c F 0.8TE Nov 30 Dec 5 Dec 14 BMT $10 F 56 Nov 2 Nov 7 Nov 16 BukitSemb b 20 Sep 4 Sep 7 Sep 15
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    • 97 16 Company Description Presscrete Proposed private placemant Hldgs of 12,000,000 new ordinary shares of S$0.10 each in the capital of Presscrete Holdings Ltd. In-principle approval has been granted by the Singapore Exchange Securities Trading Ltd for the listing and quotation of the 12 million ordinary shares of $0.10 each
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    • 1870 17 UNIT TRUSTS FUNDS Sep 2, 2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select PortfolioGlobal MNC Fd 0.954 1.002 Global Technology Fd!** 1.497 1.573 UK Blue ChipFd’** 0.907 0.954 American Opoort Fd 1.092 1.147 Continental Euro Eqty Fd!** 1.226 1.288 Japan Eqty Fd!** 1.448 1.521 Asian
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    • 718 17  -  Port operator hopes that consultancy it has provided for foreign ports will see a payoff in operating contracts Bu NICHOLAS FANG PSA CORPORATION has been planting more than 100 “seeds’* quietly around the world which, if they bear fruit, could result in a mound of
      RAYMOND LEE  -  718 words
    • 309 17  -  Bu AZHAR KHALID THE Singapore Exchange (SGX) will allow remisiers to negotiate freely with their stockbroking houses their share of the commissions ahead of the liberalisation of broking fees in October. The SGX said on Monday that it would amend its
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    • 5253 18 Transaction date: Sep 1, 2000 MULTI INDUSTRY 52-Wk High Low Curr Last Company Traded Sale ♦orVol >000 Day High Low Gr*s Div Net M Cap P/E $mil Wt Avg Price 163 101 m c Acma 50c 113 ♦2 56 113 111 5 14.1 196.1 111
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    • 1467 19 BONDS, LOANS WARRANTS Transaction date: Sep 1,2000 52-Wk High Low Company Last Sale ♦orVol •ooo Day High Low Last Ouote Buyer Seller Wt Avg Price 51.5 12.5 s Acma W*****4 12.5 -0.5 74 13 12.5 12.5 13 13 38 4 s AIITech W*****7 5 unch 6 5 4 4.5 5
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    • 1134 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 200 98.5 c AS Auto 10c 109 +1 193 110 109 10 N 43.6 143.1 108 82 48 c ASJ Hldgs20c 52 3.8 11.7
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    • 155 19 Foreign Currency Note Rates (9am r Sep 1) Buying OD Seliinq Singapore dollars to one unit of foreign currency Australian dollar 0.9840 0.9980 Canadian dollar 1.1560 1.1800 NZ dollar 0.7280 0.7440 Sterling pound 2.4820 2.5080 US dollar 1.7150 1.7260 Singapore dollars to 100 units of foreign currency Austrian schilling
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    • 591 20  -  Parent UOB declines to name those relieved of duties following outcry and probe into handling of eWOS IPO The eWorldofSports Saga Reports by IGNATIUS LOW FINANCE CORRESPONDENT ,>\LL United Overseas Bank UOB) Asia staff involved in the disastrous eWorldofSports.com (eWOS) initial public offer (IPO) “have
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    • 125 20  -  Bn FELISA BATACAN SINGAPORE’S largest owner of private hospitals, main-board-listed Parkway Holdings, plans to sell its loss-mak-ing Heart Hospital in Central London. Parkway Group Healthcare managing director Lim Cheok Peng told The Straits Times: "We intend to sell the hospital, but so far
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    • 411 20  -  By DENESH DIVYANATHAN THE Internet bug has struck again. This time, it has bitten two of Singapore’s most highprofile women Dr Lee Tsao Yuan and Mrs Theresa Foo. Dr Lee, who in May announced her decision to step down as director of the
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    • 363 20  -  Bn NICHOLAS FANG SINGAPORE-LISTED City Developments’ (City Dev’s) restructuring, announced earlier this year, appears to be paying quick dividend. The property developer on Wednesday turned in strong results for the first half of the year. It recorded a 20.3 per cent increase in
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    • 305 20  -  Bn LEONG CHAN TEIK STOCKBROKER Ong Asia’s net earnings tumbled 69.6 per cent for the half-year ended June to $2.9 million, or 0.71 cent per share the third stockbroker to report falling profit. In its first financial report since it listed in April, Ong
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  • Page 21 Advertisements
    • 1025 21 The Straits Times Weekly Edition r JURONG BIRDPARK A SmGAPOfiE ZOOLOGICAL GAftoens MARKETING MANAGER (INTERNATIONAL) (Based in Singapore Zoological Gardens) We require a top notch manager to market the Zoo and Night Safari to international tourists as well as to sell the two attractions as venues for incentive and corporate
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  • Page 22 Advertisements
    • 1361 22 Realise your career aspirations with the organisation that takes them seriously. We’re only as good as our people. Being the market leader in our business testifies to the calibre of our people, a calibre we constantly seek to uphold with timely training and ample opportunity for career advancement. If you
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  • FORUM
    • 366 23 I READ with incredulity the remarks of the Minister Without Portfolio Lim Boon Heng regarding the issue of the five-day work week. He asserts that a shift to a shorter working week would send a “wrong signal”, and that “workers throughout the economy” would then
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    • 415 23 I AM sure Mr Dennis Tan Kheng Jin (see above) will agree readily that looking after children is not a weekend task. It is a seven-days-a-week responsibility. Therefore, it is better to work out flexible hours so that parents can
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    • 250 23 FOR more than a decade, I have worked with couples who are going through in-vitro fertilisation (IVF) and I share their emotional stress and traum^. It is especially stressful for patients coming from the lower-income group. IVF treatment can be expensive. The cost of treatment escalates
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    • 238 23 WHILE I fully support PM Goh’s call for a shift from the incumbent mindset, I feel that more specific actions should have been announced to initiate such a shift. One example I can think of is a review of the elitist system in
      238 words
    • 310 23 I TRIED recently to register a domain name with Sgnic, Singapore’s only body for registering third-level domain names. The experience was most disappointing. The website was filled with legalese and technical jargon and little attempt had been made to make
      310 words

  • 819 24  -  Older workers to set aside more in special retirement account; Medisave savings to go up by one point too By AHMAD OSMAN CENTRAL Provident Fund members will be able to put more money into their special retirement accounts with progressively higher payments as
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  • 286 24  -  By JOHN COSGROVE IN SEMPORNA. SABAH SINGAPORE’S gutsy team completed the gruelling EcoChallenge expedition race in Sabah on Thursday. They emerged No. 37 in a field of 76 in a competition in which completing the course is a prize in itself. They finished despite
    JOHN COSCROVE  -  286 words