The Straits Times : Weekly Overseas Edition, 11 August 2001
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2001-08-11
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-08-11 1 The Straits Times Weekly Edition Saturday August 11,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/200«19 words
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Article, Illustration103 2001-08-11 1 ON THURSDAY night, Singaporeans from all walks of life sang their hearts out, danced and cheered, as they participated in the National Day Parade. The glitzy show had all the crowd-pleasing ingredients daring stunts, precise drills, a rousing flag flypast, glamorous stars and a spectacular fireworks finale.LUIS ASCUI - 103 words
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Article554 2001-08-11 1 If people and Govt stick together as partners in facing downturn, we will prevail’, PM Goh says in his National Day message PRIME Minister Goh Chok Tong had good and bad news for Singaporeans in his annual National Day message on Wednesday night. The554 words
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Page 1 Advertisements
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Advertisement53 2001-08-11 1 Accident Petrol Pump Car Crash A car rams into a petrol pump, then crashes into a convenience store at a petrol station on Yishun Ring Road. pages *32? fip tee* Money Marathon Meeting Dissenting shareholders at Inno-Pac Holdings score a coup after a marathon extraordinary general meeting which lasted 1253 words
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PRIME
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447 2001-08-11 2 DERWIN PEREIRA - Key political parties get some posts but President reserves the top jobs for technocrats in a bid to revive the economy By DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesian President Megawati Sukarnoputri on Thursday unveiled a 30member coalition Cabinet made up largely of447 words
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Article, Illustration82 2001-08-11 2 HUNDREDS of turtle eggs were found on Jurong Island on Tuesday, buried in scattered holes. Workers in the area chanced upon the nests, reported Shin Min Daily News. Underwater World’s curatorial director Bruce Mackay said the eggs were likely to be those of the hawksbillSHIN MIN - 82 words
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177 2001-08-11 2 TEH JEN LEE - By TEH JEN LEE HOSPITALS in Singapore have been working constantly on safety procedures to avoid mishaps when patients undergo Magnetic Resonance Imaging (MRI) scans. These scans generate highresolution images of the body using an electromagnet, radio waves and a computer. The177 words
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380 2001-08-11 2 ROGER MAYNARD - By ROGER MAYNARD IN SYDNEY EFFORTS by some Australians to thwart SingTel’s bid for Cable Wireless Optus took a fresh twist on Thursday with surprising allegations made that Singapore had been spying on Australia since the 1980 s. The claims by several prominent380 words
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Article539 2001-08-11 3 NARENDRA AGGARWAL - Latest economic report reveals uncertain economic outlook after two straight quarters of negative GDP growth By By NARENDRA AGGARWAL ECONOMICS CORRESPONDENT THE only certain thing about the outlook for the Singapore economy for the rest of the year is that it is uncertain. That’s the539 words
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451 2001-08-11 3 KRIST 800 - A petrol war and even fiercer now By KRIST 800 THE petrol price war which abated recently has flared up again, this time becoming bigger and fiercer. Now, 11 more stations have joined in the price war, offering 5 to 7 per cent discounts on petrol till the end of451 words
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Article, Illustration380 2001-08-11 3 K.C. VIJAYAN; and CHAN KAY MIN - By K.C. VIJAYAN and CHAN KAY MIN MEDICAL pioneer S.S. Ratnam died of pneumonia on Monday at the age of 73. Two weeks ago, the professor, most well-known for his sex-change operations in the 70s, was taken to hospital with380 words
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HOME
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558 2001-08-11 4 LESLIE KOH - Industiy watchers had put their money on Tibs, but SMRTs track record and financial strength won out, says LTA By LESLIE KOH TRANSPORT CORRESPONDENT INCUMBENT rail operator Singapore MRT on Wednesday edged out its two competitors in the race to operate the558 words
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Article, Illustration425 2001-08-11 4 THERESA TAN - THERESA TAN THREE months after losing her job as a school librarian, Madam Zaithun Gorrahman’s refrigerator at home is almost bare. The single mother, whose husband has not been home for two years, has three children aged 13,12 and seven years old toDESMOND FOO - 425 words
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467 2001-08-11 4 ELENA CHONG - By ELENA CHONG COURT CORRESPONDENT NANMALAR Kanagaratnam has been a nurse for more than 25 years. On Sept 11, 1998, she made a terrible mistake. She injected a newborn baby boy with a sedative instead of the drug he needed to control his fits.467 words
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Article, Illustration280 2001-08-11 5 The new Personal Infotainment Centre will let readers of The Straits Times and The New Paper get extra information and news by dialling a special PIC number. 00 6IN LEE and LHff YON€ look at how it works. 1A first-time PIC user reads an article in The280 words
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Article509 2001-08-11 5 LYDIA LIM - To be ready by 2007, the plan is part of national effort to rejuvenate older parts of the city area in Tanjong Pagar ĔIL LYDIA LIM THE first Housing Board flats to soar 50 storeys high will be built in Duxton Plain, in the Tanjong Pagar509 words
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Article369 2001-08-11 5 Lydia Lim - Lydia Lim DUXTON Plain’s designer Housing Board (HDB) flats will be a world first, said Singapore Institute of Architects president Edward Wong, who will help to decide who designs this prestigious project. Mr Wong is one of six judges, two of whom will be369 words
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165 2001-08-11 5 TO GIVE the National University of Singapore’s (NUS) life-sciences drive more focus, all research, funding and training activities will be coordinated under one office. And the man in charge is Professor John Wong, the vice-dean of the Faculty of Medicine at NUS and165 words
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Article, Illustration506 2001-08-11 6 SHARON VASOO - From all walks of life, these are some of those on this year’s National Day Honours list *L SHARON VASOO FORMER Sentosa Development Corporation (SDC) chairman Alan Choe and OCBC Bank chairman Lee Seng Wee take top honours in the National Day Awards. Both receive the Distinguished Service506 words
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Article, Illustration414 2001-08-11 6 K.C. VIJAYAN - ?1L K.C.VIJAYAN BANGLADESHI worker Rahim Nurul Islam recalled how he slung one child over his shoulder and hugged another to his chest as he hurried down 12 flights of stairs on Sept 6 last year. Then he recalled going back up 11 storeysLUIS ASCUI - 414 words
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Article, Illustration205 2001-08-11 7 NATIONAL DAY PARADE 2001 THEY call themselves The Dream Engine. And they made their grand entrance (above) on Thursday to the strains of an aria, My Dream. Miss Gina D’Angelo and her team gave the audience at the National Day Parade something to remember.JOYCEFANG; TANSUANANN; TERENCE TAN - 205 words
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Article, Illustration336 2001-08-11 8 LEEHUICHIEH - No one was hurt in the crash which also damaged station’s convenience store. Unlicensed driver, 18, arrested By LEEHUICHIEH A CAR rammed into a petrol pump, then crashed into the convenience store at the petrol station on Yishun Ring Road on Tuesday morning, butLIANHE WAN B AO - 336 words
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Page 8 Miscellaneous
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Miscellaneous1061 2001-08-11 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,061 words
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SPORTS
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Article, Illustration1109 2001-08-11 9 The race to he the top sports school this year was a no-contest in the end. Raffles Junior College Raffes Girls’ School and Anglo-Chinese School (Independent) were too good for their competitors winning by wide margins. But the years schools sports1,109 words
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MALAYSIA
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485 2001-08-11 10 JOCELINETAN - From next year, all universities will ease into a system of meritocracy for admission JOCELINETAN IN KUALALUMPUR THE Malaysian government has decided that meritocracy ought to be used to determine admission into public universities and will introduce the system gradually from next year, Prime Minister485 words
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466 2001-08-11 10 KUALA TRENGGANU Every house should have at least three bedrooms to curb incestuous behaviour among Muslim families, a women’s organisation has recommended. The Terengganu Association for Single Mothers says boys and girls in a family can be segregated if there are at least three466 words
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Article, Illustration492 2001-08-11 10 AP KUALA LUMPUR Muslims are tuning in to Malaysia’s first Islamic radio station, which the government hopes will combat what it claims is a raging trend of distorted religious teachings. The Malay-language station is a RM12.8-million (Ss6 million) state-funded project of the– AP; AP - 492 words
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SOUTH-EAST ASIA
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Article, Illustration212 2001-08-11 11 LONDON Singapore is donating 19 trainer aircraft to Indonesia, Jane’s Defence Weekly reported. Quoting industry sources in Jakarta, the authoritative defence magazine said that the Aermacchi (SIAI-Marchetti) 5F.260 primary trainer aircraft will be given to Indonesia costfree. It said that the Indonesian Air Force212 words
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178 2001-08-11 11 The Nation/Asia News Network BANGKOK In a bid to protect small retailers and to cut down on traffic and environmental problems, Bangkok is looking at ways to ban new hypermarkets from the inner city. “We hope the policy will help small retail storesThe Nation/Asia News Network - 178 words
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513 2001-08-11 11 ARTURO BARI LAD - Countries such as China and Thailand with better law and order are more attractive, warn Tokyo business leaders By ARTURO BARI LAD STRAITS TIMES PHILIPPINES BUREAU MANILA Japanese firms operating in the Philippines are thinking of relocating to South-east Asian countries and China513 words
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512 2001-08-11 11 JAMES EAST - By. JAMES EAST STRAITS TIMES THAILAND BUREAU BANGKOK Constitutional Court judges are under mounting pressure to explain why they acquitted Thai Prime Minister Thaksin Shinawatra of asset violation allegations. It is now clear that Mr Thaksin escaped a possible fiveyear ban from office512 words
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COMMENT
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Article544 2001-08-11 12 MONDAY August 6,2001 ISRAEL has begun drawing up a list of countries that may be unsafe for its security chiefs and political leaders past and present to visit. The move follows reports of a Belgian judge probing Israeli Prime Minister Ariel Sharon’s responsibility for an infamous massacre of544 words
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Article610 2001-08-11 12 THURSDAY August 9,2001 ON NATIONAL Day last year, we wrote that Singaporeans typically “commune with the essence of their nationhood...with a mix of smugness and apprehension. The more the prosperity, the stronger the sense of vulnerability”. The Prime Minister reported to the nation then that the economy610 words
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1023 2001-08-11 12 NGIAM KEEJIN; and HO YEW KEE - S'pore should specialise but hedge the risk By NGIAM KEEJIN and HO YEW KEE THE current economic uncertainty facing Singapore should not be viewed with despair. Rather, it calls for a rethink of our strategies if we want our country to continue to prosper in the long run. Harvard professor1,023 words
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COMMENT/PERSPECTIVE
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Article, Illustration1061 2001-08-11 13 IRENE NG - MY VIEW By IRENE NG THE young Singaporeans clustered on stage brimmed with excitement and expectation. An adventure lay ahead of them, glinting with promise, and it was called life. The 266 students had just received Public Service Commission scholarships from PrimeLUDWIG ILIO - 1,061 words
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971 2001-08-11 13 WITH ASAD LATIF - HEART TO HEART WITH ASAD LATIF IT IS difficult for the ordinary worker to see the big picture. If I am a worker with secondaryschool qualifications who has a wife and two children to care for, my immediate problems are big enough without971 words
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INSIGHT
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Article, Illustration1965 2001-08-11 14 Cheng San which means ‘quiet mountain in Chinese f/ie scene of the most intense contest in the last polls. With elections in the air there is much speculation about whether it will be fertile ground for the opposition again. Have the issues which agitated1,965 words
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Article, Illustration1144 2001-08-11 15 SONNYYAP - THINKING ALOUD By SONNYYAP IF THERE is any export from America that is arriving here as fast as the latest Hollywood blockbuster, it must be take a deep breath generational angst. Barely has the New York bestseller Quarterlife Crisis, by Alexandra1,144 words
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420 2001-08-11 15 Sharon Vasoo - Sharon Vasoo IT HAPPENED about 20 years ago, yet some residents still bristle with resentment when they talk about it. The issue: The resettlement programme in Punggol which saw the phasing out of kampungs and farms and the relocation of Chinese temples, to make420 words
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MONEY
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268 2001-08-11 16 HOPES for a National Day rally in the Singapore market were dashed on growing pessimism in the US technology sector and renewed concerns over the foggy domestic economic outlook. The Straits Times Index (STI) ended the week lower, falling 7-93 points over the week268 words
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Article70 2001-08-11 16 Straits Tines ladex TIm Straits Hints Index Ml 7.93 points on the nook to 1,641.43. DAY CLOSE TURNOVER Monday 1658.21 (+8.85) 208.5m($315.2m) Tuesday 1657.11 (-1.10) 236.5m ($256.9m) Wednesday 1641.9K-15.2) 310.8m($412.9m) Thursday Public Holiday Friday 1641.43 (-0.48) 213m ($308.7m) IT-Sftl Index Tho BT-SRI Index roso 1121 points on70 words
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Article1494 2001-08-11 16 Company Date arm Net earn TY LY <$m> <$m) EPS TY LY (cts) (cts) ACE Dynamics 15-May F 0.182 0.799 0.18 0.9 Add Value 28-Jun P 0.559 3317 L 0.14 1.0L Austraiand A$ 27-Jul 1 33.119 29.649 6.39 6.25 AirOcean 25-Jun P 4.952 4.611 1.62 2.02 Alexandra Hldgs12-Jun1,494 words
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Article177 2001-08-11 16 BONUS ISSUE Company Ratio Exdate Books close Acc Paymt Hiap Song one-for-two 10-Aug 15-Aug NA Horizon.com two-for-one 07-Aug 13-Aug NA Airocean one-for-four 16-Jut 19-Jul NA RIGHTS ISSUE ExBooks ACC Company Ratio date dose Paymt Easyknlt one-for-two @>HK$0.15 10-Auq 15-Aug Presscrete one-for-one @$0.10 08-Jun 13-Jun OTHERS ExBooks Acc Company177 words
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Article258 2001-08-11 16 Company Place Data Time China Motion A Fung Shui Room 6/F The Marco Polo Hongkong Hotel 3 Canton Road Tsim Sha Tsui Kowloon, Hong Kong 31-Aug 10.00am WHlasArray A Function Room 3, Level 2 Sheraton Towers S’pore 39 Scotts Road S'pore (*****0) 28-Aug 3.00pm Tat Hong A 18258 words
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Article651 2001-08-11 16 Payment (cts) Ex date Books close Pay date Acma 50c F 0.25 08-Jun 13-Jun 23-Aug Alexandra Htdgs b 1 30-Aug 04-Sep 18-Sep Australand A50 m A3 10-Sop 13-Sep 27-Sep Avaplas 5c F 0.2 31-Aug 05-Sep 18-Sep Buktt Semb b 20 22-Aug 27-Aug 07-Sep Buklt Semb f 15 22-Aug651 words
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Article156 2001-08-11 16 Company Description FJ Beniamin The Directors of FJ Benjamin Holding» 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 $0.20 each. l-Ont.Net Intni Proposed renounceable rights issue of up to 231,000,000156 words
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Article2906 2001-08-11 17 UNIT TRUSTS FUNDS Managers' prices (S$) UNIT TRUSTS Mariam Asset M«t Asia Lti Aberdeen Select Portfolio: China Opportunities Fd!** 0.905 0.952 Global MNC Fd 0.695 0.731 Global Technology Fd!** 0.578 0.607 UK Blue Chip Fd!** 0.712 0.749 American Opport Fd 0.786 0.826 Cont Euro Eqty Fd!** 0.986 1.036 Japan Eqty2,906 words
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CURRENCY
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Article70 2001-08-11 17 {9am, Aug W) Buying OD Selling Singapore dollars to one unit of foreign currency Canadian dollar 1.1350 1.1590 Sterling pound 2.5020 2.5280 Singapore dollars to 1 bof foreign currency Austrian schilling 100 units 11.33 3.860 11.56 3.950 Chinese renminbi 21.00 21.50 Fnnish markka 26.22 26.76 Indonesian70 words
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Article41 2001-08-11 17 Asean Fd 200 6.50 NT A Asean Fd Ltd 738 Asean Supreme Fa Ltd 5.10 Asia High Yield Bd Fd 11.42 Thai Prime 2.75 437 Yamaichi DAE 3.00 9.15 Yamaichi DAE (Redm)@ 9.02 Thai Equity Trust Fd 2.8341 words
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Article368 2001-08-11 17 SOH WEN LIN - The s4o2m move will give Keppel Corn a strong core business ana is part of its strategy to be a more hands-on manager By SOH WEN LIN KEPPEL CORPORATION (KepCorp) ended months of speculation on Tuesday, announcing that it would spend $402 million to privatise its368 words
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Article188 2001-08-11 17 DIVERSIFIED conglomerate Keppel Corporation’s (KepCorp’s) interim net profit soared by a fifth to $147 million, thanks to higher revenues netted by all but one of its units. The exception was Keppel Land, which reported on Monday that it had suffered a 12.1 per cent drop188 words
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Article4938 2001-08-11 18 Transaction (fate: Aug 10, 2001 MULTI MINISTRY 52-Wfe Currency Int M* law Can tMM S* ♦er*Vd *BBB < I Law Cf*l Mr Met tK M *3 m Avg Price 143 35 c Acme 50c 39 unch 40 39 38 0.5 10.3 67.7 39 41 84,938 words
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Article863 2001-08-11 19 BONDS, LOANS WARRANTS Transaction date: Aug 10, ***** 52-Wk High Low Company Lest Sale ♦orVol '000 Day High Low Last Quote Buyer Seller Wt Avg Price 39.5 26 s ASTI W*****1 .27 -1 96 28 27 27 28.5 29 47.5 13.5 s Amtek W*****0 37 -0.5 120 37.5 36 36.5863 words
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Article1421 2001-08-11 19 52-Wk Currency last Hi(* Lew Cl— TnM S— ♦er*¥01 '000 Day High Law Gr** Mv% Net P/E M Cap Wt Avq Price MANUFACTURING 40.5 21 CAP Oil 5c 21.5 unch 295 21.5 21.5 5.5 18.9 22 168 43 c AS Auto 10c 51 unch 952 51.5 49.5 10N1,421 words
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400 2001-08-11 20 NARENDRA AGGARWAL - But a full-blown recession this year is a certainty, the top-flight academics believe By By NARENDRA AGGARWAL ECONOMICS CORRESPONDENT SINGAPORE’S gloom-laden economy is definitely headed for a healthy rebound next year, if top-flight local academics are to be believed it is just a400 words
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462 2001-08-11 20 LORNATAN - BIL LORNATAN SERVICE apartments are enjoying a mini-boom, with major operators pulling in higher rents and enjoying improved occupancy rates despite a sharp downturn in other segments of the property market. Far East Organization (FEO), Great World Serviced Apartments and The Ascott which have a462 words
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Article, Illustration531 2001-08-11 20 FELISA RATACAN; and LEE SU SHYAN - By FELISA RATACAN and LEE SU SHYAN DISSENTING shareholders at Inno-Pac Holdings scored a coup at another marathon 12hour extraordinary general meeting (EGM) on Tuesday night voting off three key directors and effectively taking control of the board. Though marked at timesAZIZHUSSIN - 531 words
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Page 17 Advertisements
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Advertisement21 2001-08-11 17 yi» ;fg 8 Everything from conversationa I French to antiques, find them all in The Straits Times Classified. t 1 m21 words
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Page 21 Advertisements
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Advertisement1026 2001-08-11 21 Mt The Straits Times Weekly Edition ii mm» V. > v v.: r m 1 FAR EAST ORGANIZATION Af Far Easf Organization, our mission is to be The Developer of Choice. We commit ourselves to be a Developer of People. We provide our employees with an environment to develop their1,026 words
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Page 22 Advertisements
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Advertisement1189 2001-08-11 22 an EXCITING career: Education Sales Consultant You will be promoting and marketing quality and internationally recognised academic programmes. For those who can excel in sales, this is a challenging and rewarding career. Creativity in developing your market to meet your enrolment targets is an essential. You have to be a1,189 words
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FORUM
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416 2001-08-11 23 THE approach taken by Singapore to attract talents is not an easy one. We tend to look towards fiscal solutions such as increasing personal income by increasing productivity. Because of limited economies of scale, due to our small market base, and scarcity of land, taking416 words
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Article, Illustration542 2001-08-11 23 Myopia and reading link not causal one for now WE REFER to the letter, “More study needed on myopia and reading link” (ST, Aug 4), by Mr Andrew Simon. We agree totally that myopia research should be stepped up, and the Singapore Eye Research Institute (Seri) remains dedicated to myopia542 words
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Article144 2001-08-11 23 ON TUESDAY night, I heard the Singapore Symphony Orchestra playing the national anthem beautifully on TV. The music moved me, but I wished I fully understood the meaning of the words as the anthem was played. For the anthem to have an effect on one’s feelings,144 words
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324 2001-08-11 23 THE Insight article, “When medical experts no longer hold sway” (ST, July 21), holds a lesson for us that of the necessity of humility when faced with the complexity of human life. We would like to share our perspective from the front line. As paediatric324 words
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564 2001-08-11 24 SANDRA DAVIE - From 2003, servicemen can earn points for leadership and performance, which will be added to CCA points By SANDRA DAVIE EDUCATION CORRESPONDENT GOOD performers in full-time national service will get points for entry into the National University of Singapore (NUS) and Nanyang Technological University (NTU).564 words
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Article, Illustration577 2001-08-11 24 ILIAN KANG - ILIAN KANG A WOMAN has been charged with pushing her eight-year-old daughter down a rubbish chute in their Serangoon Avenue 2 flat. The girl was discharged from hospital on Wednesday and is now in the care of a foster family. So577 words