The Straits Times : Weekly Overseas Edition, 7 October 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times Weekly Edition Saturday October 7,2000 Price: S$ 1 .20 (in Singapore) Elsewhere by subscription only MITA 072/08/2000
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  • 557 1  -  The closure, which also applies to kindergartens, play areas, follows deaths of 4 kids, possibly from hand, foot and mouth disease Bij_ EUNICE LAU ALL childcare centres and kindergartens were closed from Monday, following the deaths of two more children last Saturday, possibly
    TAN SCAN ANN  -  557 words
  • 325 1  -  IT WAS HER SECOND OFFENCE ĔU. SHARON VASOO FINANCE Minister Richard Hu said last Saturday he would try to help the illiterate 73-year-old grandmother, Wong Yue, who was sentenced to six months in jail last Thursday for renting out her apartment
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  • PRIME
    • 447 2  -  This money will be channelled into smaller start-up companies and to encourage joint ventures BY SALMA KHALIK HEALTH CORRESPONDENT SINGAPORE'S life sciences drive has received another bil-lion-dollar boost, bringing the total committed since June to over $2 billion. Called the Life Sciences Investment Fund,
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    • 105 2 GOING, GOING Warriors, horses, chariots, and a host of other relics and also modem theme-park equipment valued at a total of $lOO million from Tang Dynasty City is going on sale. What’s left and removable at the failed theme park, including over 2,000 replica costumes and an entire
      TERENCE TAN  -  105 words
    • 419 2  -  hi KARAMJIT KAUR EX-CONVICTS can now apply for jobs in the civil service. Breaking away from the age-old prejudice, the Public Service Division said that since August, all 14 ministries had been allowed to hire people with criminal records, if they met job requirements.
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    • 307 2 MEDIA group Singapore Press Holdings (SPH) reported a 21.8 per cent rise in full-year net profit to $397-5 million as its turnover crossed the billion mark for the first time. Boosted by the highest advertising revenue in the last 10 years, turnover shot up
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    • 205 3  -  BiL JANE LEE MR SHAMEER Bismilla spends his days playing with dolls. And bathing and dressing them too. He is one of the 10 men enrolled in a course on early childhood education at Ngee Ann Polytechnic. There are 205 students altogether taking the three-year course.
      JAMES CROUCHER  -  205 words
    • 490 3 They must not stand still but upgrade to provide an education that lets grads seize opportunities YOU may not recognise the names Vincent Lim and Lim Chan Lok. Prime Minister Goh Chok Tong certainly does. Both products of Singapore’s polytechnics, they are
      490 words
    • 359 3  -  BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR A formula will have to be worked out between the Prime Ministers of Malaysia and Singapore to resolve the package of outstanding bilateral issues and, w r hile no timetable has been set, the sooner
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    • 450 3  -  ĔH. YAP CHUIN WEI BIG banks might not want them, but the thrift and loan societies do. They are the small savers who are disgruntled by the service charge and minimum sum requirements that banks impose on them. Four out of
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  • HOME
    • HAND, FOOT AND MOUTH DISEASE
      • 587 4  -  Couple who lost two of three children talk about their ordeal. The third child is out of hospital §2L SELINA LUM MR CHUA Eng Sin was about to admit his eldest child to KK Women’s and Children’s Hospital when he received an urgent
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      • 330 4  -  By. ARLINA ARSHAD LEGAL secretary Cindy Tan, 36, had two new office-mates on Monday her children. Juliette Alexandra De Souza, five, and Joshua Alexander De Souza, three, followed Madam Tan to work since the childcare centre they have been attending Sparkletots Childcare Centre
        TAN SCAN ANN  -  330 words
      • 268 4 iave visited them.” —The Star/Asia News Network JOHOR BARU The hand, foot and mouth disease has claimed its first victim in Johor with the death of a three-year-old boy here on Tuesday night. Teo Ching Kai died at 10 pm on Tuesday
        iave visited them.” —The Star/Asia News Network  -  268 words
      • 79 4 -AFP BANGKOK Thailand's health authorities have put airport staff and hospitals on alert to prevent the spread of the hand, foot and mouth disease from Singapore. "The order, effective since Wednesday, is to monitor incoming passengers from Singapore at every international airport," Mr Somsong Rugpao, director
        -AFP  -  79 words
    • 418 5  -  It will look at where and why people litter in an effort to slash spending on cleaning the streets *L SHARMILPAL KAUR MORE than $42 million that was what the Environment Ministry spent last year to make sure the streets were
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    • 73 5 MUSEUM PIECE DE RESISTANCE: it snot a bird but it is a plane more or less. This fighter plane, on the front facade of the Singapore History Museum, comes with a “pilot” too. Made of fibreglass and compressed styrofoam, the 400-kg model is a billboard for
      DARREN SOH  -  73 words
    • 366 5  -  SUNNY GOH EAST ASIA DESK EDITOR SINGAPORE and China sent congratulatory messages to each other on the 10th anniversary' of bilateral diplomatic relations on Tuesday. Prime Minister Goh Chok Tong and Chinese Premier Zhu Rongji exchanged well wishes while Minister for
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    • 344 5  -  §IL ALETHEA LIM FORMER top banking regulator Koh Beng Seng will give evidence in the High Court here for use in a pending billion-dollar British lawsuit between collapsed British merchant bank, Barings, and two accounting firms. Four others Mr Ho Tian Yee, Mr
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    • 581 6  -  The hotel, which prides itself on strict hygiene standards, conducts an investigation By Bij CHONG CHEE KIN, DEBBIE GOH and PAULA McCOY THEY were the stuff of grand feasts succulent oysters glistening in their shells laid among plates of delicious pink lobsters. Then
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    • 504 6  -  S2L CHUA CHINHON FIVE down, three more mountains to go. Barely a week after returning from scaling Europe's highest peak, adventurer Khoo Swee Chiow is off to climb another mountain. He left on Sunday for Irian Java, Indonesia, where he will attempt to
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    • 379 6  -  *L KARAMJIT KAI R SINGAPORE lawyer Loo Choon Beng, who had been detained in Malaysia since June for his alleged involvement in a horse-race-rigging syndicate, was handed over to the Singapore authorities last Saturday. Here, he was taken into custody, interviewed, and subsequently released,
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    • 489 7 School Pocket Money Fund will help families with financial problems keep children in school TO HELP make a difference in the lives of hundreds of children here, The Straits Times on Sunday launched The School Pocket Money Fund. This is a nation-wide
      AZIZHUSSIN  -  489 words
    • 174 7 PEOPLE’S Action Party Youth Wing chief Lim Swee Say, 46, has been appointed Acting Minister for the Environment with effect from Sunday. He takes over from Mr Lee Yock Suan, who has held both the Environment and Information and the Arts portfolios
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    • 498 7 ABOUT half of the 44 private clinics in four parts of the island have signed up for a subsidised health-care programme for the elderly, which started on Tuesday. The 174 elderly residents who are taking part in the pilot scheme will pay just $4
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    • 420 7  -  By SITIAXDRIAME FEWER than half of those polled by the Feedback Unit think the Government’s profamily measures will boost the flagging birth rate here. Forty-five per cent of the 600 people polled believed new measures, such as the Baby Bonus scheme
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    • 340 8  -  The information bank of patients’ records and tissue samples will aid those seeking to fight disease SALMA KHALIK HEALTH CORRESPONDENT A NATIONAL information bank that will hold clinical records and genetic information as well as tissue samples and samples of bodily fluids, such as blood
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    • Article, Illustration
      100 8 WHAT A SMASHER l More than 2,500 teenagers jam-packed an Olympic-sized pool last Saturday night, setting a new Guinness world record for the largest foam party. Earlier in the day, another Guinness record came tumbling down when 7,000 students formed the longest chain of human dominoes. The
      LIANHE ZAOBAO  -  100 words




  • Page 8 Miscellaneous
    • 1061 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 Word
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  • SPORTS
    • SYDNEY 2000 – THE POSTSCRIPT
      • 700 9  -  All eyes are on Jing Junhong as Singapore’s Olympians are welcomed Lome officially Bjl JEFFREY LOW HOW strange and unusual that no promises were made, no incentives were announced, no bonuses handed out, not even a mention about how rosy or otherwise the future might be. It was
        DESMOND FOO  -  700 words
      • 323 9 SAILING Laser Open Stanley Tan finished 39th in a fleet of 43, after 11 races with 283 points. Men’s 470 —Tan Weam Haw and Koh Seng Leong finished 28th out of 29, accumulating 192 points over 11 races. SWIMMING Leslie Kwok 50-metre freestyle (fifth in Heat 4
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    • 263 9  -  BODYBUILDING *L SANTOKH SINGH NATIONAL bodybuilder Tan Yew Heng has been banned for tw 7 o years after testing positive for banned anabolic steroids. Tan, 29, failed a random out-of-competition test conducted jointly by the Singapore National Olympic Council (SNOC) and the Singapore Sports
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  • MALAYSIA
    • 390 10  -  Despite assurances, consumer and worker groups fear that inflation could spin out of control REME AHMAD IN KUALA LUMPUR DESPITE assurances from the authorities, Malaysian consumer and worker groups have voiced fears that inflation could spin out of control after a hike in petrol
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    • 93 10 Bernama, New Straits Times SINGAPORE HELP SOUGHT FOR ZOOI The Johor government plans to enlist the help of experts from the Singapore Zoo to enhance the image of Johor’s zoo (above), which will also serve as a recreation park for the city. The Johor Zoo,
      Bernama,; New Straits Times; NEW STRAITS TIMES  -  93 words
    • 369 10  -  BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Malaysian Foreign Minister Datuk Seri Syed Hamid Albar has described the recently-released second volume of memoirs by Singapore Senior Minister Lee Kuan Yew as a hard-to-put-down book, packed with insight into events in Malaysia and Singapore. “His latest
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    • 521 10  -  NEWS ANALYSIS By WAN HAMIDI HAMID IN KUALA LUMPUR THE controversial Islamic Faith Protection Bill, aiming at putting apostates in a detention centre for a year to “protect their faith”, may not be tabled in the Malaysian Parliament after all. Not so soon
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  • SOUTH-EAST ASIA
    • 540 11  -  Move believed to be a bid to undercut any army-led attempts at destabilising the leader By DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU JAKARTA A major shake-up of the Indonesian armed forces (TNI) looks imminent as President Abdurrahman Wahid tries to consolidate his
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    • 188 11 JAKARTA Indonesian President Abdurrahman Wahid, looking no worse for wear despite having caught a cold on his overseas trip, said on arrival here on Wednesday that he would not pardon former president Suharto’s son who has been sentenced to an 18-month jail term for
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    • 234 11 AFP JAKARTA The head of the panel of judges which dismissed a corruption case against former Indonesian president Suharto has said he did not exonerate the former president of all charges and he could still face trial. “The case has not been
      – AFP  -  234 words
    • 322 11  -  EDWARD TANG THAILAND CORRESPONDENT BANGKOK Ravaging floods, the worst in many decades to hit the region, have left a trail of destruction in Laos, Cambodia and Vietnam, where hundreds of people have died and millions have lost homes and properties in barely a month. As the
      AFP  -  322 words
    • 321 11 AP JOLO Twelve Filipino Christian evangelists held hostage for three months by Muslim rebels in the southern Philippines have been rescued, President Joseph Estrada said on Monday. The rescue leaves only an American and three Malaysians still in the hands of
      – AP  -  321 words

  • COMMENT
    • 610 12 MONDAY OCTOBER 2,2000 NATIONAL Development Minister Mah Bow Tan has set a poser about living space that Singaporeans should confront sooner than they think. Essentially, it pits the immutable logic of sensible land use against the quality of life argument. Urban planners will be left in no
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    • 591 12 TUESDAY OCTOBER 3,2000 THE massive “recall” of young children from care facilities as a precaution against a possible contagion is causing consternation and confusion, in equal measure. Until virologists determine the disease or the strain of virus which caused the deaths of four children in the
      591 words
    • 753 12  -  SECOND LAST WORD By SIA CHEONG YEW WHAT a coincidence and an irony! Two days after some companies were given familyfriendly awards in a national competition, President S. R. Nathan had to make a plea to employers to show “sympathy” and understanding to their workers
      THE NEW PAPER  -  753 words
    • 1123 13  -  MY VIEW By SUSAN LONG MY FAVOURITE TV advertisement of late is that of the new online careers website here called Monster.com. It features a troop of children proclaiming their ambition in life: “When I grow up, I want to be
      LUDWIG ILIO  -  1,123 words
    • 1101 13  -  LAST WEEK IN POLITICS CHUA LEE HOONG “OH, you mean whether she is one of us.” This was how a contact summed up, succinctly, what I was going to write about in this column, when I told him I would be writing about the woman
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  • INSIGHT
    • 2544 14 Singapore’s plan to be the Boston of the East is right on track. So far, six world-class institutions have come to town. Four more are being wooed. But can a small country accommodate so many universities without sufferingfrom academic indigestion? Where will
      TIEN CHUNG PING; LIM SIN THAI  -  2,544 words
    • 1101 15  -  THINKING ALOUD By CHL A LEE HOONG LADIES and gentlemen of Hong Lim Park, I’m sorry' to say, some of you have got it all wrong. We all know that the Speakers’ Corner is about free speech. Free, at least, within the confines of local law.
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  • MONEY
    • 279 16  -  Azhar Khalid THE Singapore market went or. a topsy-turvy ride before ending lower this week, sagged by the weakness in the US technology sector. The Straits Times Index (STI) fell 34.04 points over the week to close at 1,962.97. Monday: The Apple rot wormed
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    • 2332 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY LY (cts) (cts) ASTI Sep 05 1 6.182 2.476 4.69 239 ABR Hldgs Sep 19 1 2.343 0.491 1.21 0.26 ACE Dynamics Sep 05 1 0.537 0.517 0.54 0.63 Acma Sep 29 1 4.088 6.114 2.40 3.70
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    • 75 16 Straits Tines Index The Straits Times Index fell 34.04 points on the week to 1962.97 DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday BT-SII Index 1972.95(-24.08) 1978.14(+ 5.19) 1976.69 1.43) 1995.01 (+18.32) 1962.97 (-32.04) 134.6m ($345.5m) 187.8m ($549.8m) 219.5m ($467.4m) 214.4m ($453.5m) 181.8m ($408.3m) The BT-SRI Index
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    • 165 16 BONUS ISSUE Company Ratio Exdate Books dose Acc Paymt Roly one-for-two Oct 17 Oct 20 NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt OTHERS ExBooks Acc Company Ratio date dose Paymt CSC Hldgs $24,846,734 6.5% Secured Loan Stock due 2005. interest payment for the period 28
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    • 145 16 Company Place Date Time HMl Hldgs E 363 Balestier Road S'pore (*****4) Oct 30 10.30am Somerset Hldgs E STl Room 9th Floor Capital Tower 168 Robinson Rd S'pore (*****2) Oct 25 3.30pm Sime Darby A Central Conference Rm Sime Darby Centre 896 Dunearn Rd #04-01 S'pore (*****2) Oct
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    • 652 16 Payment Ex Books Pay (cts) date close date AS Auto 10c b 1TE Oct 5 Oct 10 Oct 20 AsiaDekorHKlSc F Rmb0.06 Oct 9 Oct 12 Oct 27 Amtek Engrg 20c F 0.8TE Nov 30 Dec 5 Dec 14 Auric 50c 1 2 Oct 9 Oct 12 Oct
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    • 113 16 Company Description Strike Proposed bonus issue on the Enqg basis of one new ordinary share for every one existing share of $0.05 each held in the capital of the Company. The proposed issue will be made by capitalising a maximum of $18,272,000 and $52,600 from the share premium
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    • 2232 17 UNIT TRUSTS FUNDS LEGEND: All prices are indicative except for It Ex Rinqqit Assets; Broadly Diversified Narrowly Focused Lower Risk; A Low to Medium Risk; Medium to Hiqh Risk; Hiqher Risk; open-ended; Before subdivision of units; Xt/Xt After subdivision of units; SP after stock split; N.A- Non Dealinq Day Managers'
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    • 154 17 Foreign Currency Note Rates (9am, Oct 6) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9200 0.9330 Canadian dollar 1.1540 1.1780 NZ dollar 0.6910 0.7060 Sterling pound 2.5100 2.5370 US dollar 1.7410 1.7530 Singapore dollars to 100 units of foreign currency Austrian schilling 10.90
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    • 462 17  -  More than half of the 276 companies which reported their corporate results for the first half had higher profits than a year ago CHEEJANN PERNG COMPANIES REPORTER IF THE first six months are anything to go by, listed companies can start stocking up on
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    • 515 17  -  Bt, LEE SU SHYAN UNDERSUBSCRIBED WizOffice.com proved even more of a fizz last Friday, tumbling 30 per cent on its first day of trading to close at 14 cents. The mainboard-listed ecommerce service provider gained the dubious distinction of being second only to
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    • 5037 18 Transaction date: Oct 6,2000 MULTI INDUSTRY 52-Wk Curr Last High Low Company Traded Sale ♦orVol 000 Day High Low Gr's Div Net M Cap P/E $mil Wt Avg Price 163 76.5 me Acma50c 82 ♦2 65 82 78.5 5 10.3 142.3 80 50.5 16 c
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    • 1349 19 BONDS, LOANS WARRANTS Transaction date: Oct 6,2000 52-Wk High Low Company Last Sale ♦orVol '000 Day High Low Last Quote Buyer Seller Wt Avg Price 51.5 5 s Acma W*****4 ....5.5 -1.5 20 5.5 5.5 5 7 6 38 2.5 s AIITech W*****7 ....3.5 3 5.5 4 31 22 s
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    • 1135 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 80.5 C AS Auto 10c 82 xd -3.5 378 84.5 80.5 10 N 32.8 107.7 85 82 45 c ASJ Hldgs 20c 50
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    • 349 20  -  The expanded Asean Free Trade Area, including Australia and New Zealand, could provide a $83.5b boost by the year 2020 By DOUGLAS WONG IN CHIANG MAI SENIOR Asean economics officials have recommended that proposals to expand the Asean Free Trade Area (Afta) to
      349 words
    • 259 20  -  Bv LORN A TAN THANKS to a flurry of welltimed launches and strong demand, more than 1,700 private homes were sold by developers in the third quarter this year a 60 per cent improvement against the second quarter. It has also turned out to be
      259 words
    • 477 20  -  By EDNA KOH FINANCE REPORTER BINTAN Lagoon Resort which borrowed money from bond-holders to develop a 416-room resort and two golf courses failed to repay the $53 million principal upon maturity last week, which is unusual for a GLC-backed company. Billed as “the first
      477 words
    • 506 20  -  IGNATIUS LOW FINANCE CORRESPONDENT THE Monetary Authority of Singapore (MAS) will buy back the older and less popular of its government bond issues as part of an overall effort to further improve trading liquidity in its newer and larger benchmark bond
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  • Page 21 Advertisements
    • 1124 21 The Straits Times Weekly Edition rm i mrmmm nTjllfll' lUfTffTfnir»:: 'WlW'ffTj KayHian ECONOMIST You will be responsible for the analysis of economic issues pertaining to Singapore/ Malaysia equity investments. You should have an Honours or Masters Degree in Economics, with a specialisation in quantitative analysis. You should also have at
      1,124 words

  • Page 22 Advertisements
    • 1235 22 INTERNATIONAL Hotels Resorts "We believe that a successful hotel is something beyond its location, its decor or its amenities. A successful hotel is a place where you are treated so well that you want to come back." Raffles International Credo Raffles International, an innovative hotel and resort management company, is
      1,235 words

  • FORUM
    • 614 23 THE objective behind laws dealing with illegal immigrants is obvious. That objective is blurred when the laws are applied to landlords whose only crime is a lack of diligence. In the course of enforcement of a salutary objective, we appear to have accepted
      614 words
    • 222 23 Hopefully, the current hand, foot and mouth crisis will end w hen the chain of transmission is broken. Yet, this w r as a medical crisis that waiting to happen. For too long, we have allowed the inconsiderate social behaviour of parents of young children to
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    • 221 23 I REFER to the Swiss School Singapore principal’s complaint that the pre-school closure, because of hand, foot and mouth disease (HFMD), was rash (“Pre-school closure handled poorly”, see other letter). In densely-populated Singapore, any highly-contagious disease, if not properly contained, can spread like wildfire. In the
      221 words
    • 114 23 I WAS not only shocked that all kindergartens had to close for one week due to the hand, foot and mouth disease outbreak but I was also deeply disappointed by the information policies of the Environment and Health ministries. As an operator of a pre-school, we
      114 words
    • 219 23 The Public Service Division should be commended for initiating the bold, humanitarian move to hire ex-convicts. I hope this will encourage more employers to hire former criminals. It is rather cruel that an ex-convict should carry a stigma as a result of his previous undesirable acts.
      219 words

  • 622 24  -  MOE will develop syllabuses and award grades; Cambridge exam syndicate will set questions SAXDRA DAVIE EDUCATION CORRESPONDENT THE A-level examinations will change in 2002 to reflect the new emphasis on thinking skills, information technology, creativity and national education. The Education Ministry (MOE) will
    622 words
  • 226 24 MORE than 400 bags of oil and oil-covered debris were collected in six hours on Thursday, at the three Sentosa beaches hit by a tanker oil spill. Another 250 to 300 bags were expected to be added to the haul at the end of Day
    LIM SIN THAI  -  226 words
  • 314 24  -  ĔIL ALETHEA LIM THE father of a 14-year-old boy was ticked off soundly in the High Court on Tuesday for not being able to control his delinquent son. Chief Justice Yong Pung How called him a “hopeless parent”. The boy is serving
    314 words