The Straits Times : Weekly Overseas Edition, 7 April 2001

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday April 7,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/2000
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  • 578 1 Singaporeans have to drop Singlish and speak standard English to communicate with the world, says BG Lee SAYING char ktvay teoxv and nasi lemak when speaking English is fine, but Singlish and words and phrases like “lah”, “got meh” and “why like that one?” are
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  • 364 1  -  By SALMA KHAJLIK HEALTH CORRESPONDENT DOCTORS started operating on 10-month-old Ganga and Jamuna, the Siamese twins from Nepal, at 4 pm yesterday at the Singapore General Hospital. The girls underwent a risky operation to separate their brains and the blood vessels they share.
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  • Page 1 Advertisements
    • 69 1 Telcomsbuyout r* Sing Tel Answers Optus Critics Lee Hsien Yang defends $14.2 billion Ausssie buy, and says the deal did not create arbitraging, which led to swings in the share’s price page 20 m April fool s day When Does The Joke Backfire? Two “potential candidates” put up their hands
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    • 2 1 *****1 *****6
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  • PRIME
    • 491 2  -  150,000 customers affected by its billing glitch will have four months to pay each delayed bill, without paying interest By] LESLIE KOH POWER Supply is saying sorry for its delay in billing 150,000 customers by letting them pay what they owe by instalment,
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    • 247 2  -  By By DEMESH DIVYANATHAN TECHNOLOGY REPORTER THE Australian government is looking into the security implications of SingTel’s proposed takeover of Cable Wireless Optus, paying particular attention to Optus’ satellite joint venture with the Australian Defence Force. A spokesman for Australian Defence Minister Peter Reith said
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    • 585 2  -  SIL NEALCOOKE MR BANI Buang and his family are going ahead to adopt Baby B, the five-month-old boy found to be HIV-positive after he was given up for adoption. Baby B was discharged from hospital last Friday and is doing well. Mr Bani, a firefighter with
      TERENCE TAN  -  585 words
    • 424 3  -  Go online to enlist, book a fitness test or apply for exit permits, as Mindef commits to new economy By OO GIN LEE THE Ministry of Defence is tapping into the power of the Internet to become more efficient and responsive, unveiling two moves
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    • 294 3  -  iIL WONG FEI WAN AN 18-YEAR-OLD Indonesian maid who was molested by her 58-year-old employer threw scribbled notes out of her bedroom window in a desperate bid to attract attention. She even threw a knife from the seventh-floor flat in Kim Seng Road.
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    • 256 3 001 Yu Han, eight, and her cousin, Loh Jun Hao, seven, missed school last Friday but they had a good reason. The two De La Salle Primary pupils went to Johor Baru with their family on a shopping trip on Thursday afternoon
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    • 484 3  -  By SALMA KHALIK HEALTH CORRESPONDENT MOVES are being made to bring down the cost of medicines in Singapore. A multi-disciplinary committee, appointed by Health Minister Lim Hng Kiang, will review the situation and report by the end of the year. It will
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  • HOME
    • 963 4  -  Two gags about spoof election candidates raise the question: When does a prank dent the credibility of those pulling it? By! SHARON YASOO THE search for new candidates for the next General Election has become a parlour game,
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    • 399 4  -  HERE'S AN SMS FROM YISHUN TOWN SECONDARY... By EUNICE LAU THE mobile phone is being put to good use by Yishun Town Secondary School to inform parents through SMS about their children’s school attendance, test scores and other activities. And one student misdemeanour
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    • 343 5 RAFFLES Town Club’s chief executive officer says the club will be run “efficiently” and will have enough money to keep its facilities running well. Mr Ricky Goh, who is also a club director, said: “This is still our continued strategy that
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    • 256 5  -  Bn KAREN WONG THE Commercial Affairs Department (CAD) has begun investigating the Raffles Town Club, in a sudden twist to the ongoing court battle. The Straits Times understands that the probe was prompted by complaints from the public. It is not clear which aspect of the
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    • 506 5  -  In the course of a lawsuit for control of the club, they find out that its membership is more than twice as big as was promised BH KAREN WONG DISGRUNTLED, disappointed or just plain angry. Members of the Raffles Town Club reacted
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    • 366 5  -  By ALETHEA LIM COURT CORRESPONDENT CHIEF Justice Yong Pung How called him “completely uncivilised” and a “nasty piece of work”. Freelance computer consultant Lim Siong Khee’s crime: He used his former girlfriend’s e-mail account and sent out lewd messages and details about their
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    • 357 6  -  By MARYKWANG CHINA CORRESPONDENT BEIJING As Xiamen University marks its 80th anniversary this week, residents of this port city in Fujian continue to laud the institution’s founder, the late Singapore philanthropist Tan Kah Kee, for his selfless contributions to education and the
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    • 459 6  -  System to replace passports requires talks to settle details, including decision on a card reader, says Malaysian DPM By LESLIE LAU IN KUALA LUMPUR SINGAPORE and Malaysia are close to implementing a smart-card clearance system to replace passports for crossborder travel between
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    • 308 6  -  BU_ LIM HONG LING HIS mother was bom in a car and Brandon Lim was just following tradition when he was bom in a City Cab taxi before mum could get to the hospital. He had not been expected for another week but, that
      JOHN COSGROVE  -  308 words
    • 291 6 MORE than half of all expatriates here are employed on the same terms and conditions as Singaporeans, according to a poll by global consulting firm Watson Wyatt. This is contrary to the popular belief that most foreign professionals here are on expatriate remuneration
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    • 395 7  -  Chinese bureaucrat renews pact which allows officials to source ideas on financial management and public administration *L LARRYTEO SENIOR Chinese officials will continue to come to tap Singapore’s experience in areas such as public administration, urban planning and financial management under a 1996
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    • 123 7 HOUSEHOLDS and industrial users will pay less for electricity from next month. Singapore Power subsidiary Power Supply said earlier this week that domestic customers and small businesses which receive low-tension supplies would be paying 13.4 per cent, or 2.66 cents, less to 17.21 cents a KWh. Those
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    • 511 7  -  bjl LIM SIN THAI TWENTY per cent of his body weight. That is how much Private Mohammad Arif lost in four months. The 20-year-old achieved this impressive feat not at a weight-loss centre, but at a place where most men of his age end
      PICTURES: LIM SIN THAI  -  511 words
    • 409 7  -  in ALETHEA LIM A YOUNG man was so obsessed with an 18-year-old student that he took her to his flat when she was drunk and raped her twice. And because of that obsession, Michael Chang Ying Leong, a 23-year-old
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    • 420 8  -  Graves will be exhumed to make way for 12,000 homes, starting in December; relatives must make a claim for remains of ancestors *L PAULINE LEONG TWELVE thousand new highrise homes with modem amenities and facilities for about 4-0,000 residents will be developed where Bidadari
      STEPHANIE YEOW  -  420 words
    • 179 8 AFTER a bumpy eight-day journey from Kathmandu to Tibet, Singapore’s second Everest team is ready to begin its ascent of the world’s tallest peak. By e-mail on Sunday, team member David Lim said the group arrived at the Rongbuk base camp last Saturday
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  • Page 6 Advertisements
    • 36 6 HOTEL CIPUTRA JAKARTA Managed by Swiss-Belhotel International A four-star hotel on top of Ciputra Mall, only 20 minutes from International Airport. From: US$ 52.00++ Including Breakfast Reservations: Tel. (62-21) 566 0640 Fax: (62-21)566 1172 E-mail:mailjkt@hotelcipu tra.com
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  • Page 8 Miscellaneous
    • 1060 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
    • 409 9  -  SOCCER *L MARCLIM NATIONAL Under-23 coach Flemming Nielsen has set his charges a semi-final target for September’s South-east Asia Games in Malaysia. And he has called on “bad boy” Masrezwan Masturi to help the cause. And Masrezwan, who was told just five months ago that
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    • 304 9  -  GOLF ĔIL PEH SUING HUE I THE staff of Transview Golf and Country Club had a pleasant surprise on Sunday morning. As early as 6 am, eager golfers were lining up to be the first to tee off at the new TGCC. The nine-hole public course
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    • 723 9  -  Jurong coach can’t blame the referee for his red card when he is playing the game roughly S-LEAGUE SOCCER By. JEFFREY LOW SOCCER CORRESPONDENT ANOTHER magical moment, another moment of madness, yet another page in the triumphs and tragedies of a household name. It
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  • MALAYSIA
    • 434 10  -  It aims to increase Malays' economic stake to 30 per cent, double the income per head and slash poverty dramatically By REME AHMAD IN KUALA LUMPUR MALAYSIA has unveiled its economic and social blueprint for the next 10 years, promising Malays their long-awaited 30-per-cent share
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    • 396 10  -  By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad met Barisan Nasional and Umno leaders behind closed doors last weekend and delivered a two-word reminder: Urban poverty. The Straits Times understands that, during the meetings,
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    • 316 10 AP KUALA LUMPUR To cheers from more than 1,000 supporters and a small antigovernment protest, jailed Malaysian politician Anwar Ibrahim was allowed to go to his house and to a cemetery to pay final respects to his dead mother. The visit to his
      – AP; AFP  -  316 words
    • 409 10  -  By LESLIE LAU IN PUTRAJAYA TWO hundred of Malaysia’s best and brightest students have been urged not to turn their backs on their country because they owed a debt to society, their parents and the nation for their academic achievements. Malaysian
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  • SOUTH-EAST ASIA
    • 405 11  -  If Prime Minister is convicted, nation will lose its best hope of engineering a recovery By, JAMES EAST STRAITS TIMES THAILAND BUREAU BANGKOK Seldom does so much hang on a court case. But the Thai economy and Prime
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    • 283 11  -  By ARTURO BARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA President Gloria Arroyo, who catapulted to power with the help of text messaging, is harnessing the influence and reach of the popular “texting” to bring her government closer to the Filipino people. Working hard to win
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    • 44 11 'CWEEDIUC' ADEDATIAII* enrique soriano bnttrlNu UPIRATIUN* Indonesian Police Special Forces have saturated the highway between Bieun and Lhokseumawe in Aceh to hold searches and clear fallen coconut trees. The rebels have been cutting down the trees to block the road. ENRIQUE SORIANO
      ENRIQUE SORIANO  -  44 words
    • 418 11  - Jakarta 's cash could run out by Nov By ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA Millions of teachers, postal workers and other civil servants could be out of pay by November when the Indonesian government is expected to run out of funds and its budget deficit balloon to over
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    • 233 11 AP MANILA A prosecutor has indicted ousted President Joseph Estrada on eight charges, accusing him of illegally amassing 4.1 billion pesos (Sslss million) from kickbacks and payoffs in 31 months in office. Ombudsman Aniano Desierto, who probes govern-ment-corruption allegations, also charged Estrada’s wife, Luisa
      – AP  -  233 words

  • COMMENT
    • 557 12 MONDAY APRIL 2,2001 THE merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange in December 1999 gave rise to the need for a single licensing regime for securities and futures dealers. Two public consultation documents were released recently. They may not have
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    • 575 12 WEDNESDAY APRIL 4,2001 THE committee appointed by Health Minister Lim Hng Kiang to evaluate drug pricing will be grappling with a slippery eel. It is necessary intervention, but the complaint is not easy to pin down and it is harder still to offer remedies. But sick people
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    • 1057 12  - Singapore chilli padi of a nation SATURDAY With < With CHUA LEE lIOONG WHAT do cowboy boots have to do with Foreign Minister S. Jayakumar’s visit last week to Santiago, Chile? At first glance, nothing. Professor Jayakumar didn’t go to Chile, the chilli-shaped country on the western side of South
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  • COMMENT/PERSPECTIVE
    • 1066 13  -  MY VIEW By I IRENE NG A DREADFUL thought hit me as a young Hungarian official showed me around the Hungarian Parliament House in Budapest last week: What could I tell him if he visited our New Parliament House? It is so new, barely
      LUDWIG ILIO  -  1,066 words
    • 811 13  -  HEART TO HEART WITH WITH ASAD LATIF A COLLEAGUE and her boyfriend visited China a few years ago. Near the Great Wall, they encountered a KFC restaurant. When I met him recently, the boyfriend noted the irony of having to pay homage to a
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  • INSIGHT
    • 1448 14 Debate on the state of the mother tongue has erupted among the Chinese. The consensus view: The language is on the decline. KAO CHEN sums up the reports published in Lianhe Zaobao over the past two months. FOR the past two months, a debate
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    • 1148 14  -  THINKING ALOUD By SONNY YAP ITS only $lO but it is the principle that counts. No, I am not griping about the $lO booking fee which will be forfeited if you do not turn up for your appointment at the
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    • 477 15 BE REALISTIC. That is the comment of two bilingual speakers on the concerns about the state of the language as reflected by the debate in Lianhe Zaobao. They are Professor Wang Gungwu, director of the East Asian Institute, 70, and Mr Chan Soo
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  • MONEY
    • 292 16 A NEW month and a new quarter begins but there is hardly anything new in the Singapore stock market which has been beleaguered by the same volatility since the start of this year. A fresh wave of profit warnings by US technology companies and
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    • 2089 16 Company Date ann Nat aarn TY LY (Sm) (Sm) EPS TY LY <CtS) (cts) ABR Hldgs 31-Mar P 6.565 1.705 3.4 0.73 ACE Dynamics 27-Mar P 0.182 0.799 0.18 0.9 Acma 31-Mar P 6.522 12.989L 3.8 7.9L Adroit 5-Mar 1 5.887L 0.404L 2.4L 03L AEM Evertech 29-Mar P
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    • 79 16 BONUS ISSUE ExBooks Acc Company Ratio date dose Paymt Elec&Eltek ona-for-fiv* 20-Apr 25-Apr NA CEI one-for-flve 24-Apr 27-Apr NA Sunlight one-tor-two 15-Fob 20-Feb NA NoalGIfts one-for-two 8-Jan 11-Jan NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt China Motion one-for-four 13-Dec 18-Dec NA OTHERS ExBooks Acc t
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    • 170 16 Company Place Date Time Shangri-La Asia A Island Ballroom, Level 5 Island Shangri-La Hotel Pacific Place. Supreme Court Road, Central, Hongkong 31-May 10.00am Keppel Cap A Hotel Inter-Continental Singapore, 60 Middle Rd Level 2 Bugis Ballroom 2 S 3 S’pore *****6) 24-May 10.00am CSC A The Oriental Ballroom
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    • 121 16 Company Description Eastgate Toth Proposed Bonus Issue of 50,000,000 new ordinary shares of par value $0.10 each in the proportion of one bonus share for every five ordinary shares of par value $0.10 each and Proposed rights issue of 75,000.000 warrants in conjunction with a transferable loan facility
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    • 77 16 Straits Times Index The Straits Times Index fell 4.01 points on the week to 1,670.18 DAY CLOSE TURNOVER Monday 1648.9 (-25.29) 213.1m ($270.3m) Tuesday 1644.11 4.79) 308.9m ($441.9m) Wednesday 1621.99 (-22.12) 274.3m ($379.1m) Thursday 1676.88 (+54.89) 353.8m ($451.1m) Friday 1670.18 6.70) 419.6m ($569.7m) iblcom,12 BT-SRI Index The
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    • 1001 16 Payment tets) Ex date Books close Pay date Acma 50c F 0.25 08-Jun 13-Jun 23* Aug Allgreen Prop 50c F 3 05-Jun 25-Jun Auric Pec 50c F 3N 30-Apr 04-May 23-May AU5Slno.Com 2.5c 1 0.53TE 06-Apr n-Apr 23-Apr Ayala F 4 05-Jun 08-Jun 28-Jun CEI 5c b 0.49
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    • 2708 17 UNIT TRUSTS FUNDS Apr 7, 2001 Managers' prices (S$) UNIT TRUSTS AbanteM Asset Mft Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.723 0.760 Global Technology Fdl** 0.532 0.559 UK Blue Chip Fdl** 0.751 0.789 American Opport Fd 0.780 0.820 Cont Euro Eqty Fdl** 1.044 1.097 Japan Eqty Fdl** 1.218
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    • 163 17 Foreign Currency Note Rates (9am, Apr 6) Buying 00 Selling Singapore dollars to one unit of foreign currency Australian dollar 0.8820 0.8940 Canadian dollar 1.1370 1.1610 NZ dollar 0.7240 0.7390 Sterling pound 2.5690 2.5960 US dollar 1.8030 1.8150 Singapore dollars to 100 units of foreign currency Austrian schilling 11.65
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    • 384 17  -  Show of strength by central banks helps currencies claw back; Sing dollar climbs 0.6% BIL WILLIAM CHOONG EMBATTLED Asian currencies got a welcome fillip when central banks across the region put on their strongest show of resolve yet to defend their units. As the central banks
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    • 201 17  -  By By DENESH DIVYANATHAN TECHNOLOGY REPORTER HIGH drama among telcos intensified as Ml’s four shareholders spoke of selling the No 2 mobile operator lock, stock and barrel with a price tag estimated at $3 billion. A possible buyer has emerged Regional Wireless, a 60-40 venture
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    • 3687 18 Transaction date: Apr 6,2001 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr*s Net M Cap Wt Avg High Low Company Traded Sale ♦or'000 High Low Dlv P/C 5mil Price 39.5 370 1 0.5 11.4 75.5 41 41 9 c Alliance Tech 12 ♦3 12 12
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    • 1153 19 BONDS, LOANS WARRANTS Transaction date: Apr 6, 2001 52-Wk High Low Company Last Sale ♦OTVol 000 Day High Low Last Ouote Buyer Seller Wt Avg Price 40 0.5 s Acma W*****4 .0.5 0.5 1 22 2.5 s AIITech W*****7 3 2.5 3 31 13.5 s Amtek W*****0 20 10 19.5
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    • 1037 19 52-Wk High Low Curr Last Company Traded Sola ♦orVol '000 Day High Low Cr*s Dlv Net P/E M Cap $mil Wt Avg Price MANUFACTURING 181 45 c AS Auto 10c 49.5 unch 358 52 49.5 10 N 19.8 c ASJ Hldgs 20c 48 3.8 7.7 52 c ASTI
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    • 649 20  -  He says SingTel’s structuring of the takeover did not create arbitraging which led to swings in the company’s share price WILLIAM CHOONG and IGNATIUS LOW SINGAPORE Telecom chief executive officer Lee Hsien Yang came out in strong defence of the way the Optus deal had
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    • THE GOOD RESULTS AND THE BAD
      • 410 20  -  By CHEE JANN PERNG COMPANIES REPORTER A NEAR final tally showing a record $11.2 billion in profits rung up by Singapore-listed companies in a bumper 2000 has done nothing to lift a pall of pessimism hanging over most executives. As the final full-year results were posted
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      • 290 20  -  By DENNIS CHAN ASST NEWS EDITOR PACIFIC Century Regional Developments (PCRD) has set a record for the biggest loss in Singapore corporate history. It reported a full-year net loss of $6ll million for the year ended Dec 31 no thanks to a huge loss
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  • Page 21 Advertisements
    • 846 21 i i: The Straits Times Weekly Edition ANALOG DEVICES At the leading edge of the 21st century revolution, this multinational semiconductor company, approaching its $2.6 billion revenues, is in need of highly-motivated, nigh-performing, quality-driven individual for the position of: Corporate Test Resident Engineer The ideal candidate must possess the following
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  • Page 22 Advertisements
    • 909 22 n V&&K r 99 Consider 3Com broadband access, the 3Com wireless network or the 3Com IP telephony. So radically simple in concept and yet so useful, they enrich your life without complicating it Just like the TV remote, the match stick or the food processor. At 3Com, that's how we
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  • FORUM
    • 392 23 I REFER to the announcement by the Housing Board that a housing estate is to be built on the Bidadari Cemetery site. The announcement comes as no surprise, given that many cemeteries have been cleared to accommodate a rapidly expanding population. Apart from Bidadari,
      STEPHANIE YEOW  -  392 words
    • 172 23 NOW that it has come to light that Raffles Town Club sold 19,000 membership subscriptions many times the number it professed to offer some official clarification is needed. The club had sent me an initial “exclusive” offer for membership at $28,000, stating clearly that
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    • 120 23 Tremendous advances have been made in diesel technology. In fact, today’s diesel engines no longer emit black smoke or tonnes of pollutants. As such, they nave been adopted widely across Europe. Diesel/turbo-diesel engines are now capable of: Meeting high levels of emission control. Some
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    • 327 23 I REFER to the report on the debate on Singapore’s Chinese language, “Will Chinese become a dumpling-house tongue?”. I agree with Professor Wang Gungwu and MP Chan Soo Sen that it is perhaps time for us to stop arguing over whose standards to follow.
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    • 245 23 I AM writing this letter after reading about the death of an 11-year-old Bedok View Primary pupil, Teo Zhong Yi, who was nit by a lorry on New Upper Changi Road on March 22. I was just five minutes away from the accident scene and
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  • 655 24  -  Despite the initial brouhaha over the new A-level syllabus this year, students are still applying to JCs By. JANE LEE and SYLVIA LOW STUDENTS are still choosing the traditional route to university via junior colleges despite fears that the new A-level syllabus introduced this
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  • 114 24 THE 816 GUYS OF K COMPANY: That’s K for Kilo, and this picture shows recruits (from left) Mohammad Arif, Sathiyaselan Sivlingam, Mohammed Munif, Muhamad Idil and Yue Ching Chwee before the start of their military training, just a few months ago. Photographer Lim Sin
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