The Straits Times : Weekly Overseas Edition, 4 August 2001
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2001-08-04
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-08-04 1 The Straits Times Weekly Edition Saturday August 4,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/200019 words
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Article499 2001-08-04 1 IGNATIUS LOW - Action also sees DBS paying $1 million to each, over document circulated in Europe By IGNATIUS LOW FINANCE CORRESPONDENT DBS Group Holdings has apologised publicly to United Overseas Bank (UOB) and Overseas Union Bank (OUB) over a document which, among other things, suggested499 words
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Article, Illustration53 2001-08-04 1 BLASTOFF: Completion of the first phase of Singapore’s first Underground Ammunition Facility was marked last Friday. The new facility is a warren of huge caverns carved into solid granite, enabling ammunition of all types to be stored safely underground. The Mandai ammunition dump is expected to open inJOYCE FANG - 53 words
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Page 1 Advertisements
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Advertisement47 2001-08-04 1 Community Stepping Up Vigilance Seletar Market stallholders join forces and form watch groups with residents to fight theft and arson. PAGE 8 Travel A Greater Way To Fly More legroom, wider seats and improved entertainment await passengers of Singapore Airlines’ latest aircraft the 777-200 ER. PAGE 647 words
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PRIME
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Article, Illustration391 2001-08-04 2 1 CHANG AI-LIEN - BIL 1 CHANG AI-LIEN INTERNET users are set to enjoy smoother, faster surfing with Singapore connecting to Asia’s largest private submarine cable on Thursday. The US$2-billion (553.6billion) C2C cable network, which stretches 17,000 km, surfaced at Changi on Thursday, linking the cable fromGEORGE GASCON - 391 words
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516 2001-08-04 2 IGNATIUS LOW - Self-reliance the way to shine in new economy, says DPM Lee; Singaporeans should also embrace, not fear, China By IGNATIUS LOW FINANCE CORRESPONDENT THE way forward in the new economy is to reduce government intervention and leave free-market forces to516 words
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368 2001-08-04 2 ALETHEA LIM - *l ALETHEA LIM WHEN a company bought four penthouses in People’s Park Complex in Chinatown to redevelop into 18 maisonettes, the management corporation (MC) did not object, but it asked for money. First, it said the propertyinvestment company De Beers Jewellery should368 words
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542 2001-08-04 3 G. SIVAKKLMARAN - Parties will focus on their own needs first; PAP will face three opposition fronts in next GE By G. SIVAKKLMARAN THERE will be no united opposition in the next General Election. The Workers’ Party (WP) and the Singapore Democratic Party (SDP) have542 words
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Article, Illustration65 2001-08-04 3 SINGING BRIGHTLY l Keep your eyes peeled for these 900 choir members at the National Day Parade. These secondary school students will not only make music for your ears, but also catch your eye with different looks. Masters at changing costumes in a flash, they will delight theWANG HUIFEN - 65 words
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377 2001-08-04 3 LESLIE KOH - By] LESLIE KOH SINGAPORE’S government has been rated as the region’s most effective in implementing economic policies by the Hongkong-based Political and Economic Risk Consultancy (Perc). Being pro-business had helped the country attract foreign investors who were willing to pay higher costs in377 words
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313 2001-08-04 3 SERENE GOH - By SERENE GOH LIBERALISATION, delicensing and deregulation are words that mark proposed changes in the travel industry. But not everyone agrees with the Singapore Tourism Board’s (STB) recommendations, although many industry representatives were part of the Steering Committee of Tourism 21, which announced313 words
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HOME
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362 2001-08-04 4 LIANG HWEE TING - Experts warn that unless people here start taking the problem seriously it is likely to take them By LIANG HWEE TING EVERY day in Singapore, two people lose a leg to diabetes. One in five patients with diabetes will have eye problems, and of362 words
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601 2001-08-04 4 I NATALIE SOH - *L I NATALIE SOH AT A four-storey factory tucked away in an Ang Mo Kio industrial park, workers are busy putting together tiny microchips that might one day save your life. The Delphi Automotive Systems’ arm in Singapore produces some of the601 words
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Article, Illustration455 2001-08-04 4 NATALIE SOH - §IL NATALIE SOH IN HER more than 44 years of service at Robinsons, senior sales associate Lucy De Silva, 74, said that three generations of customers have come to her for toys. Stories like this are commonplace in Robinsons and, last week,DESMOND FOO - 455 words
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Article, Illustration213 2001-08-04 5 President S.R Nathan and Economic Development Board chairman Teo Ming Kian paid tribute to several key players in the Economic Development Board at its 40th-anniversary dinner at the Ritz-Canton MUlenia Hotel on Wednesday night iy. r> MR LEE ONG PONG, EDB OFFICER IN THE EARLY 60s “MrLIM YONG - 213 words
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Article158 2001-08-04 5 THE LATE MR HON SUI SEN (EDB'S FIRST CHAIRMAN, 196H968) “He developed virtually from scratch an organisation that would be the chief instrument and prime mover of Singapore’s industralisation and economic growth. MR I. F. TANG (EDB'S SECOND CHAIRMAN, 1968*1972) “He sparked the momentum of inward investments.158 words
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Article219 2001-08-04 5 SERENE GOH - By SERENE GOH SCALING Mount Everest and separating Siamese twins joined at the head now rank in the same league. The Singapore General Hospital (SGH) team that performed the arduous and delicate operation to separate sisters Ganga and Jamuna, joins the Singapore Mount Everest Team as219 words
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Article511 2001-08-04 5 SUE-ANNCHIA - Five foreigners honoured as Friends of Singapore for their efforts to boost the economy Bt/i SUE-ANNCHIA FIVE foreigners were named Business Friends of Singapore by the Economic Development Board (EDB) on Wednesday. Four are company chiefs and one is a leading business guru. They hail from the511 words
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401 2001-08-04 5 MARGARET PERRY - *L MARGARET PERRY WEDNESDAY was Nurses’ Day, and for two nurses, the occasion was particularly special they were recognised for their outstanding work and contributions. Miss Lee Yoke Lan, director of nursing at KK Women’s and Children’s Hospital (KKH), and Madam Nagalingam Saraswathi, a breast-care401 words
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494 2001-08-04 6 M. NIRMALA - Bt/lS M. NIRMALA MOST households in Housing Board (HDB) estates should be able to have about $3OO to $5OO in their pockets over the next 10 to 12 months, when the measures on rebates in the February Budget start to kick in. Giving this reassuring494 words
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Article, Illustration153 2001-08-04 6 Seats on the 777-200 ER are bigger than those on SlA's Megatop, which currently has the biggest seats in the SIA fleet. The aircraft also has the latest inflight entertainment system. Business Class Pitch: 57 inches, up five inches. Pitch measures the room betweenJALEHA HASHIM - 153 words
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395 2001-08-04 6 KRIST ROO - Its extended-range 777-200 ER plane flies to Chicago, the airline’s newest destination §IL KRIST ROO MORE legroom, wider seats and better sleeping conditions became a reality for economyclass passengers last night. They were on Singapore Airlines’ (SIA) first flight to Chicago in395 words
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364 2001-08-04 6 TRACY QUEK - §IL TRACY QUEK WHEN a young Singaporean wants his daily dose of news, he is most likely to pick up a newspaper, and he almost always chooses The Straits Times. He does not mind paying 60 cents for it but will not364 words
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396 2001-08-04 7 SHARMILPAL KAUR - By 1 SHARMILPAL KAUR THERE were at least 483 suicide attempts between April last year and March this year, said the Samaritans of Singapore (SOS), a volunteer agency that helps people in distress. Overall, nearly 30 per cent more suicide attempts were referred396 words
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462 2001-08-04 7 SALMA KHALIK - Subsidised examinations for those in the 50-54 age group since April show 1 in 2 nad at least one health problem SALMA KHALIK HEALTH CORRESPONDENT MADAM Low Soi Heang, 51, looks healthy and feels well. But medically speaking, she is a walking time bomb. She has462 words
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Article, Illustration401 2001-08-04 8 THERESA TAN - Seletar stallholders form watch groups with residents; 10 markets join hands to ensure premises are free of theft and arson THERESA TAN THE stallholders of Seletar Market are up in arms against arsonists and thieves. First, arsonists were suspected to have setLAU FOOK KONG - 401 words
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Page 7 Advertisements
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Advertisement227 2001-08-04 7 TheSliwitsTimeM llliiiplfe SIMW l u*' st '#fe Tlie Straits Times ■■e. 11 m 5 Subscribe now and get a complimentary Touch Screen World Time Calculator. This lightweight multifunctional* gadget makes a perfect travelling companion. SUBSCRIPTION FORM Name [Mr/Mrs/Ms/Dr*]:. Address: WEEKLY EDITION gives you a summary of the Week's major news227 words
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Page 8 Miscellaneous
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Miscellaneous1064 2001-08-04 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 Word1,064 words
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SPORTS
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Article369 2001-08-04 9 GERARD WONG - After a year’s absence, fans can watch top shuttlers in action as the tournament returns BADMINTON By < GERARD WONG THE Singapore Badminton Association is making good its promise to revive the Singapore Open after a year’s absence. The World Grand Prix tournament will make369 words
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501 2001-08-04 9 CHAN TSE CHUEEN - SPORTSPEOPLE *L CHAN TSE CHUEEN FOLLOWERS of the athletics scene will remember Lim Joo l AtK as the sprint queen who never was. At 14, the Raffles Girls’ School student clocked 12.3 seconds over 100 metres just o.3sec off the501 words
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Article, Illustration371 2001-08-04 9 NETBALL MALAYSIA is confident of turning the tables on Singapore and clinching the netball gold in next month’s Southeast Asia Games. At the same time, Singapore, too, feels that it has strengthened its bid for the gold over its archrival, which it defeated371 words
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MALAYSIA
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423 2001-08-04 10 It is good for Malays, but too much bitter medicine may be hard to swallow, says Mahathir Bernama, New Straits Times KUALA LUMPUR Meritocracy will be implemented in stages, and the proposal to apply this concept on student admission into universities is justBernama,; New Straits Times - 423 words
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Article, Illustration70 2001-08-04 10 DURING the past year, youngsters have turned a green park at the Kuala Lumpur City Centre (above) site of the 88-storey Petronas Twin Towers into a place to loiter, engage in free sex and smoke pot openly. A check found youngsters hanging out at an open70 words
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284 2001-08-04 10 KUALA LUMPUR The Petronas Twin Towers may be a famous tourist spot in the federal capital, but of late it has become a sex and drug haunt for many youngsters. According to the Malay Mail, the green park at the complex known284 words
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282 2001-08-04 10 BRENDAN PEREIRA - By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Documents belonging to the federal government, government agencies and the private sector in Malaysia have been reaching Internet users through their e-mail courtesy of the lethal computer virus Sir Cam. Since last month, drawing282 words
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315 2001-08-04 10 -AFP KUALA LUMPUR Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad on Thursday launched another round of criticism against Malays, questioning the high number of rape and HIV cases among the community. “Morals among Malays have plunged we see incidents of rape,-AFP - 315 words
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SOUTH-EAST ASIA
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Article, Illustration66 2001-08-04 11 BEARIN6 ARMS AGAINST CRIMINALS l Rising crime in the Philippines has proven to be a boon for gun dealers. Defence and arms shows such us this one in Manila on Wednesday are drawing large crowds because more Filipinos are buying firearms to protect themselves. They areAFP - 66 words
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342 2001-08-04 11 ALFRED LEE - By ALFRED LEE STRAITS TIMES EUROPE BUREAU LONDON Fifty-eight Filipino nurses have fled from five different private nursing homes in Britain, claiming they were exploited, overworked and underpaid. Most “escaped” at night carrying just one suitcase, helped by friends, community leaders, Catholic Church342 words
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390 2001-08-04 11 MARIANNE KEARNEY - Indonesian President warns about dangers of exploitation of resources and high taxes Politics In Indonesia MARIANNE KEARNEY STRAITS TIMES INDONESIA BUREAU JAKARTA President Megawati Sukarnoputri sig- nailed her intention to pay attention to the well-being of provinces outside Java warning local officials not to exploit390 words
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358 2001-08-04 11 ARTURO BARIUAD - By ARTURO BARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA Bowing to “people power”, President Gloria Arroyo on Thursday sacked the administrator of the government-run Social Security System (SSS) who was accused of corruption and mismanagement by thousands of disgruntled employees. But Mrs Arroyo’s move358 words
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COMMENT
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Article526 2001-08-04 12 MONDAY July 30,2001 MORE than 60 years ago, the mere words “socialism” and “communism” could, George Orwell wrote, “draw towards them with magnetic force every fruit-juice drinker, nudist, sandal-wearer, sex maniac, nature cure quack, pacifist and feminist in England”. Today, it is globalisation that brings526 words
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Article590 2001-08-04 12 TUESDAY July 31,2001 THE visit to China by United States Secretary of State Colin Powell gives the two countries an opportunity to re-examine the value of their ties. Mr Powell said that Washington was looking for ways to cooperate with Beijing and to push ties forward. His hosts590 words
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Article, Illustration865 2001-08-04 12 MARGARET PERRY - VIEWPOINT By MARGARET PERRY A WIDE range of measures aimed at preventing nurses here from quitting their jobs, as well as attracting new recruits, seems to have had little overall impact on Singapore’s shortage of nursing professionals. Last September, the Ministry of865 words
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COMMENT/PERSPECTIVE
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Article, Illustration1089 2001-08-04 13 TAN TARN HOW - When the day comes will the brave step forth? MY VIEW By TAN TARN HOW WHETHER one agrees with his politics or finds his person agreeable, Mr J. B. Jeyaretnam’s likely-as-not permanent exit from Parliament is sad in the way that the end came. What was probably the final nailLUDWIG ILIO - 1,089 words
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888 2001-08-04 13 With ASAD LATIF - HEART TO HEART With ASAD LATIF IF YOU want to know what Pacific Asia will look like a decade from now, take a walk in the Napier Road-Tan-glin Road area. You will see, of course, the American Embassy, a fortress that testifies to888 words
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INSIGHT
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The $2.2B Off-Budget Package
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Article, Illustration756 2001-08-04 14 The Government's $2.2-billion off-Budget package to help firms and older workers has been received with mixed reactions. Is it too little? Or more than enough? WALTER FERNANDEZ presents the arguments on both sides. LIKE Oliver Twist, they ask for more. Spouting predictions of doom756 words
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Article, Illustration739 2001-08-04 15 Enough don’t overdo it BUT like Oliver Twist, they are told they don’t need more. That is the message from Nanyang Technological University economists Tan Khee Giap and Chen Kang, who insist the $2.2-billion off-Budget package is more than sufficient to see Singapore through this downturn. Their reason: the economyADAM LEE - 739 words
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Article, Illustration1369 2001-08-04 14 WARREN FERNANDEZ - THINKING ALOUD By WARREN FERNANDEZ THEY call it the China challenge. It is big, it is looming, and it could change life as we know it. Trade and Industry Minister George Yeo pointed to the challenge aheadLUDWIG ILIO - 1,369 words
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MONEY
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292 2001-08-04 16 SINGAPORE shares ended the week on a positive note despite the market’s correction towards the end of the week. Foreign buyers reared their heads to bottom fish on technology and selective blue chips early in the week, lifting the broader market sentiment to292 words
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Article2124 2001-08-04 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY LY (cts) (cts) ACE Dynamics 15*May F 0.182 0.799 0.18 0.9 Addvalue 28-Jun P 0.559 3.217 L 0.14 0.99L Australand A$ 27-Jul 1 33.119 29.649 6.39 635 AirOcean 25-Jun P 4.952 4.611 1.62 2.02 Alexandra 12-Jun P2,124 words
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Article176 2001-08-04 16 BONUS ISSUE ExBooKs Acc Company Ratio date dose Paymt Hiap Seng one-for-two 10-Aug 15-Aug NA Horizon.com two-for-one 07-Aug 13-Aug NA Airocean one-fof*four 16-Jul 19-Jut NA HuanHsin one-for-four 27-Jun 02-Jul NA RIGHTS ISSUE ExBooKs Acc Company Ratio date dose Paymt Presscrete one-for-one @$0.10 08-Jun 13-Jun OTHERS ExBooks Acc Company176 words
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Article276 2001-08-04 16 Company Place Date Time China Motion A Fung Shui Room 6 IT The Marco Polo Hongkong Hotel 3 Canton Road Tslm Sha Tsui Kowloon, Hong Kong 31-Aug 10.00am Chevalier A Balmoral Hall III Pinetree Town Country Club, 30 Stevens Rd S'pore (*****0) 24-Aug 10.00am North 22 A TDB276 words
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Article72 2001-08-04 16 Straits Times lidex The Straits Timas Index rose 8.96 points on the week to 1,649.36. DAY CLOSE TURNOVER Monday 1657.56 (+17.16) 253.1m($297.8m) Tuesday 1666.03 8.47) 261.3m ($497.2m) Wednesday 1684.83(+18.8) 404.7m($614.3m) Thursday 1670.08 (-14.75) 484.1m <$588.5m) Friday 1649.36 (-20.72) 310.8m ($414.4m) BT-SRI Index The BT-SRI Index rose 13.5872 words
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Article537 2001-08-04 16 Payment Ex (cts) date Books close Pay date Acma 50c F 0.25 08-Jun 13-Jun 23-Aug Alexandra Hldgs b 1 30-Aug 04-Sep 18-Sep Australand A50 m A3 10-Sep 13-Sep 27-Sep Bukit Semb b 20 22-Aug 27-Aug 07-Sep Bukit Semb f 15 22-Aug 27-Aug 07-Sep C&C r 3 14-Aug 17-Aug537 words
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Article172 2001-08-04 16 Company Description FJ Benjamin The Directors of FJ Benjamin Holdings Ltd announced that the co proposes to enter into a placement agreement with UOB Kay Hian Pte Ltd for the placement of 75,000,000 ordinary share of $020 each. l-One.Net Proposed renounceabfe rights intni issue of up to 231,000,000172 words
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Article2929 2001-08-04 17 UNIT TRUSTS FUNDS Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia ltd Aberdeen Select Portfolio: China Opportunities Fd!** 0.931 0.978 Global MNC Fd 0.715 0.752 Global Technology Fd!** 0.595 0.625 UK Blue Chip Fd!** 0.745 0.783 American Opport Fd 0.803 0.844 Cont Euro Eqty Fd!** 1.022 1.074 Japan Eqty2,929 words
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Article173 2001-08-04 17 Foreign Currency Note Rates (9am, Aug 3) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9180 0.9310 Canadian dollar 1.1500 1.1740 NZ dollar 0.7430 0.7670 Sterling pound 2.5370 2.5630 US dollar 1.7760 1.7880 Singapore dollars to 100 units bof foreign currency Austrian schilling 11.30173 words
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386 2001-08-04 17 EDNA KOH - Second-quarter volume jumps 18% to a two-year high but there is no need for alarm, say analysts By EDNA KOH FINANCE CORRESPONDENT BANKS in Singapore wrote off as much as $20.7 million in credit-card debt in the second quarter, a level not seen since386 words
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327 2001-08-04 17 FELISA BATACAN - bil FELISA BATACAN FORMER remisier king Peter Lim may have been FJ Benjamin’s knight in shining armour but he is holding his horses for now, at least. In an interview on Tuesday, the normally reclusive multimillionaire said he did not see himself taking327 words
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Article3573 2001-08-04 18 Transaction date: Aug 3, ***** MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr*s Net M Cap Wt Avg Hlqh Low Company Traded Sale ♦or000 High Low Div P/E Smil Price unch 42 0.5 10.5 61.5 -0.5 3952 unch 245 48.5 48.5 28 448 268 3803,573 words
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Article926 2001-08-04 19 BONDS, LOANS WARRANTS Transaction date: Aug 3,2001 52-Wk High Low Last Company Sale ♦orVd '000 Day High Low Last Quote Buyer Seller Wt Avg Price 39.5 26 s ASTI W*****1 30 -2 205 33 30 30 30.5 28 7.5 2.5 s AIITech W*****7 3bi 3 47.5 13.5 s Amtek W*****0926 words
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Article1425 2001-08-04 19 52-Wk High Low Curr Company Traded Last Sale ♦orVoi •ooo Day Hiqh Low Gr’s Dlv Net P/E M Cap Wt Avq $mll Price MANUFACTURING 40.5 21 C AP Oil 5c 22.5 -1 150 23 22.5 5.8 19.7 23 168 43 C AS Auto 10c 53.5 -4.5 1441 571,425 words
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Article, Illustration371 2001-08-04 20 DENESH DIVYANATHAN - The 2.5% profit drop is the first since it started issuing quarterly reports; analysts say the results are solid By By DENESH DIVYANATHAN TECHNOLOGY REPORTER SINGAPORE Telecom’s (SingTel’s) first-quarter earnings fell 2.5 per cent to $579 million, hit by full-fledged competition and aDESMOND WEE - 371 words
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531 2001-08-04 20 HUGH CHOW - By HUGH CHOW FINANCE CORRESPONDENT BANKS in Singapore will soon be able to reduce the proportion of assets which they need to hold in “liquid” investments readily convertible into cash. The new rules, unveiled by the Monetary Authority of Singapore (MAS) last531 words
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379 2001-08-04 20 LORNATAN - By] LORNATAN IN A dramatic improvement, more than 75 per cent of unit trusts in the Central Provident Fund (CPF) Investment Scheme showed positive returns in the three months to June 30 thanks to betterperforming stock markets. The second-quarter resurgence is a stark379 words
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Page 17 Advertisements
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Advertisement21 2001-08-04 17 Everything from conversationa l French to antiques, find them all in Straits Times Classified. r s 3 I f CATS. mm.21 words
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Page 21 Advertisements
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Advertisement1137 2001-08-04 21 V S.-, ■< y\v /4 v ~M[Ĕ& *§5$*g WĔĔĔ jjjjailM Iy :.:,v w%m m m a :^v.; Who’s looking for talented specialists? Singapore SS Negotiable Deloitte Touche is one of the world's leading professional services firms, delivering world class assurance and advisory, tax, and consulting services through its national practices.1,137 words
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Page 22 Advertisements
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Advertisement1141 2001-08-04 22 GIVE YOUR POTENTIAL ROOM TO GROW Wk f We invite applications from suitably qualified candidates for appointment as: MANAGER PUBLIC AFFAIRS) Reporting to Assistant General Manager (Customer Services), you will be responsible to manage the Board’s publicity programme and to enhance the Board’s image through skilful management of public opinion1,141 words
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FORUM
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Article, Illustration580 2001-08-04 23 I AM a Singaporean who has lived and worked in London for the past five years. I have always followed with keen anticipation the progress of our local companies venturing into overseas markets. Of interest recently is Singapore Airlines’ bid for Air580 words
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373 2001-08-04 23 Entrepreneurs are nurtured not created I READ with interest the report, “Silicon Valley stint for NUS undergrads” (ST, July 31). What caught my eye was the opening line: “The National University of Singapore is setting up a ‘college’ in California’s Silicon Valley to create Singapore’s next Sim Wong Hoo”. I373 words
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446 2001-08-04 23 ‘Strategic review of swimming group WE REFER to Mr Tay Liam Kai’s letter, “Swimming body must address leadership issue” (ST, July 16), and Mr Chiang Peng Kheng’s reply, “Open invitation to serve swimming body” (ST, July 26). National Sports Associations (NSAs) such as the Singapore Amateur Swimming Association (Sasa) play446 words
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Article, Illustration59 2001-08-04 24 FOR this coming National Day, residents of 81k3358 at Smith Street show their patriotism by flying the national colours in a creative way they mounted 36 flags into one huge inverted triangle suspended from the highest floor. There are just five more days toDESMOND FOO - 59 words
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485 2001-08-04 24 SANDRA DAVIE - 'College’ to be set up to groom technopreneurs, starting with 10 students spending a year there By SANDRA DAVIE EDUCATION CORRESPONDENT THE National University of Singapore is setting up a “college” in California’s Silicon Valley to create Singapore’s next Sim Wong Hoo. This is485 words
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480 2001-08-04 24 OO GIN LEE - By OO GIN LEE TECHNOLOGY CORRESPONDENT THE latest top-of-the-line mobile phones that work at high speeds have hit the stores but there’s a catch. Ml and Star Hub are charging top dollar for these phones meant for surfing the Internet at higher speeds480 words