The Straits Times : Weekly Overseas Edition, 18 August 2001
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2001-08-18
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-08-18 1 The Straits Times Weekly Edition Saturday August 18,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/200019 words
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Article545 2001-08-18 1 IRENE NG - Parliament passes amendment to allow Internet campaigning, though party and political sites will still be bounaby rules at IRENE NG POLITICAL parties can campaign on the Internet in the coming General Election, under certain rules to be spelt out by the Government. Parliament on545 words
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Article, Illustration69 2001-08-18 1 CLEANING'S PLAIN ABSEILING FOR THEM I Abseilers from K 2, a company which provides cleaning services for hard-to-reach places, tackle the facade of Unity Towers. It takes four days to clean just one side of the building. They also have to keep an eye onTERENCE TAN - 69 words
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Page 1 Advertisements
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Advertisement61 2001-08-18 1 Employment Sober Warning Be prepared to take on completely new jobs in the service sector, as the old ones may be lost forever, warns S M Lee Kuan Yew. page 3 Community Care For A Cuppa? It’s not quite the Coffee Bean, but at a converted bin centre in Tanjong61 words
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PRIME
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410 2001-08-18 2 Commuters have only to flash their stored-value cards at readers with the new system that will speed up payment COMMUTERS will get to use contactless smart cards on buses and the MRT early next year in place of their present farecards. A Land410 words
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426 2001-08-18 2 G. SIYAKKUMARAN - BY G. SIYAKKUMARAN SINTERCOM, a Singapore website dedicated to alternative viewpoints on local issues, will be closed down unless someone volunteers to take over its running. Founder Tan Chong Kee surprised the online community when he posted a message on the site’s forum426 words
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Article, Illustration416 2001-08-18 2 JULYN KANG; and SELINA LUM - By. JULYN KANG and SELINA LUM THE Ngiam family of IPC Corporation, one of Singapore’s earliest homegrown information technology successes, was the target of a $640,000 extortion bid. An envelope containing two bullets and a cassette recording of the demand was left in the416 words
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Article158 2001-08-18 2 A 47-YEAR-OLD Malaysian man was charged on Thursday with trying to extort $640,000 from a Singapore businessman. No plea was taken from Yap Kok Foy, a debt collector who is from Kuala Lumpur. The short, balding man allegedly put Mr Bernard Ngiam Mia Hai, 41, in fear of158 words
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633 2001-08-18 3 LYDIA LIM - Those who cannot retrain must switch to jobs in the service sector, even if the pay and work conditions are less attractive Bu LYDIA LIM OLDER workers face a tough choice ahead: Be prepared to take on service-sector jobs, f>erhaps at lower pay633 words
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Article479 2001-08-18 3 IRENE NG - Bu IRENE NG THE next 10 years will be tougher for Singapore, but take heart, the country has the resources and ability to overcome the challenges. Prime Minister Goh Chok Tong had this morale-boosting message on Thursday, when he unveiled a booklet charting479 words
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Article, Illustration312 2001-08-18 3 A RIOTING offence landed a 17-year-old student in jail last year, but the prison school enabled him to continue his studies. Today, Tony (not his real name) is looking forward to completing his N-level exams and moving on in life. Like him,ENRIQUE SORIANO - 312 words
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HOME
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Article385 2001-08-18 4 LAURELTEO - Education Ministry steps up recruitment drive to cope with demand at secondary, JC levels *IL LAURELTEO MORE teachers will be needed in secondary schools and junior colleges in the next few years, because there will be more students in these schools. To cope with the extra numbers,385 words
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Article, Illustration156 2001-08-18 4 JANE LEE - *L JANE LEE EVERY month, 15-year-old Jonathan Yap serves coffee to about 50 senior citizens. Not at some swanky coffee comer but at a refurbished bin centre. At the converted dump in Tanjong Rhu called Coffee Bin, the Tanjong Katong Secondary studentPictures: GEORGE GASCON - 156 words
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351 2001-08-18 4 THE police called him the Hougang Spiderman because he zipped into high-rise flats with such ease, from parapet to window and out again within minutes. Seven such thefts had happened in the area before the police nabbed him red-handed on Monday while staking351 words
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379 2001-08-18 5 DAWN WONG - By DAWN WONG HARO the robot can carry out simple tasks and get them right the first time. This means that if Haro, which stands for human-alike robot, wants to go through a doorway, it does not have to stop to check379 words
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Article378 2001-08-18 5 BRAEMA M ATH I - There has been a drop in new cases of aged parents seeking maintenance from children Bl BRAEMA M ATH I SO FAR, more than 650 elderly people have turned to the Tribunal for the Maintenance of Parents to get their children to take care of378 words
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504 2001-08-18 6 LIANG HWEE TING - Thanks to early checks and receiving treatment through Siancy and birth, infected ers nave HIV-free babies *L LIANG HWEE TING THEIR mothers were carrying the Aids virus. But 25 babies were born HIV-free because the women had been screened early for the virus and504 words
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351 2001-08-18 6 K.C. VTJAYAN - Bu K.C. VTJAYAN NARCOTICS officers made the largest seizure of drugs from a single courier on Monday morning when they arrested a Singaporean man returning from Brussels with more than 14,000 Ecstasy tablets. According to the Central Narcotics Bureau (CNB), officers trailed the351 words
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Article, Illustration394 2001-08-18 6 NATALIE SOH - By NATALIE SOH SHE was shunted into classes reserved for the weakest students through primary and secondary school. Yet, she never gave up. Through sheer hard work, Miss Lim Liqin, the elder child of two factory workers, saw her grades climbENRIQUE SORIANO - 394 words
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Article, Illustration953 2001-08-18 7 Opposition MPs say that the amended rules are restrictive, while others hail the change as a step in the right direction Parliamentary Elections Act LIBERALISATION or restriction? MPs were divided on Monday over their reading of the amendments to the Parliamentary Elections953 words
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391 2001-08-18 7 POLITICIANS will no longer be allowed to contest in more than one constituency in the coming General Election. Parliament passed into law on Monday the Parliamentary Elections Bill, which forbids multiple nominations. Although no politician has stood in more than one ward391 words
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Article, Illustration440 2001-08-18 8 SALMA KHAUK - They use cord-blood transfusion to cure five-vear-old of a fatal blood disorder, chalking up a world medical first By SALMA KHAUK HEALTH CORRESPONDENT DOCTORS here have successfully cured a five-year-old of a fatal blood disorder, and in the process have chalked up a world firstALBERT SIM - 440 words
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Page 5 Advertisements
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Advertisement220 2001-08-18 5 V Tlie St rails Times TO 0* WEEKLY EDITION gives you a summary of the Week's major news in Singapore and South East Asia Hurry! Offer ends Th<‘Stmits r rimcs StaHufe. S«iTeJ Subscribe and get a complimentary Touch Screen World Time Calculator. This lightweight multifunctional* gadget makes a perfect travelling220 words
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Page 8 Miscellaneous
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Miscellaneous1061 2001-08-18 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, Illustration384 2001-08-18 9 GEYLANG United started the third round of the S-League season with a lacklustre 1-0 win over Woodlands Wellington at Bedok Stadium last night. At first glance, it appeared to be a Goliath versus David match. The teams are at opposite ends of the table, andLUIS ENRIQUE ASCUI - 384 words
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Article115 2001-08-18 9 SINGAPORE’S Under-23 team lost 1-3 to Danish Second Division side Svendborg in the first match of its European training tour despite a good performance by goalkeeper Sharil Jantan, who made his first appearance after a six-week injury lay-off. “Sharil had a decent game. He looked115 words
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385 2001-08-18 9 SWIMMING SINGAPORE ended the Asian Schools Swimming Championships dramatically, winning the final boys’ 4xloom freestyle to finish second overall behind Hongkong at Toa Payoh Swimming Complex on Thursday. The host, lying sixth after the first day, collected two golds, a silver and a bronze385 words
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426 2001-08-18 9 PHILIP ALLEN - No-charge live matches are now a thing of the past, with exclusive coverage by ESPN Star Sports M. PHILIP ALLEN ESPN STAR Sports celebrated its exclusive coverage this season of the English Premier League with a launch party on Wednesday. But, for many viewers,426 words
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MALAYSIA
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370 2001-08-18 10 Minister says despite making huge profits, some corporations are not contributing to Merdeka celebrations this year New Straits Times KUALA LUMPUR The Malaysian government is unhappy that some large corporations are neither contributing nor supporting the Merdeka celebrations despite making huge annual profits. “TheNew Straits Times - 370 words
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458 2001-08-18 10 Brendan Pereira - Brendan Pereira KUALA LUMPUR Following nationwide concern about the Black Metal cult, the latest trend to worry the authorities is a group of young motorcyclists who race illegally with teenage girls as the prizes. “Their behaviour is wild and out of458 words
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Article, Illustration535 2001-08-18 10 AP, AFP KUALA LUMPUR From across the crowded ballroom, Cupid struck unexpectedly in the middle of the Macarena. “I noticed this woman who was dancing very sweetly,” said businessman Simon Low, 39, one of 400 ethnic Chinese Malaysians who thronged a mass matchmaking– AP,; AFP; THE STAR - 535 words
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SOUTH-EAST ASIA
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Article, Illustration61 2001-08-18 11 GRASSROOTS BANKING l A Jakarta slum is the scene for this money exchange between banker Sri Widiwati (left) and Yusda Nihusana, who works for Kesuma Tiara, a grassroots savings and loan cooperative which lends small amounts of money to slum dwellers who have no other access to capitalREUTERS - 61 words
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323 2001-08-18 11 ROBERT GO - By ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesia will sell assets cheaply, if necessary, to meet state-budget targets and to conform to the prescriptions of the International Monetary Fund (IMF), said the country’s new minister of stateowned enterprises. A day after assuming control323 words
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389 2001-08-18 11 MARIANNE KEARNEY - Anti-corruption, human-rights campaigners question ability of low-key career prosecutor to go after the big fish By MARIANNE KEARNEY STRAITS TIMES INDONESIA BUREAU ANTI-CORRUPTION campaigners and human-rights lawyers on Wednesday criticised President Megawati Sukarnoputri’s choice of Attor-ney-General as a step back in the government’s389 words
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425 2001-08-18 11 ARTURO BARIUAD - By ARTURO BARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA During the past few weeks police have been steadily neutralising kidnap-for-ransom syndicates operating in metro Manila and nearby provinces, according to the Interior Secretary, Mr Jose Lina. Six kidnapping gangs preying on ethnic Chinese and foreigners425 words
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COMMENT
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Article590 2001-08-18 12 MONDAY August 13,2001 CAMBODIA’s constitutional council has just approved revised legislation, passed almost unanimously by the country’s legislators, to put on trial former leaders of the dreaded Khmer Rouge for crimes against humanity. But many survivors and families of victims remain unaware of the plan to prosecute590 words
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Article574 2001-08-18 12 WEDNESDAY August 15,2001 THE Internet age colliding with Singapore’s political culture is rather like a wind of change blowing through a sheltered lair. Whether it turns out to be an ill wind or a force for progressive reform is beyond the scope of politicians alone to574 words
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1026 2001-08-18 12 LIM SAY BOON - LUCRUM By LIM SAY BOON INVESTORS and traders returning from the National Day break unfortunately do not have much cause for market celebration unless, of course, if they are on the short side of the trade. While we were gearing up for1,026 words
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COMMENT/PERSPECTIVE
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Article, Illustration994 2001-08-18 13 ANDY HO - MY VIEW By ANDY HO DON’T worry, be happy. If only we could. A Monash University economics professor Ng Yew Kwang recently gave a public lecture entitled intriguingly, How To Be Happy. In a throwaway line near the end of his talk,LUDWIG ILIO - 994 words
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908 2001-08-18 13 With ASAD LATIF - HEART TO HEART With With ASAD LATIF I QUEUE up for the feeder-bus service to Telok Blangah at Bukit Merah Interchange. There, some time ago, I was jolted out of my equanimity. “Why, mummy, why?” I heard. The speaker, who was behind me,908 words
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INSIGHT
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The Stem-Cell Controversy
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Article, Illustration1056 2001-08-18 14 A furious debate has broken out over embryonic stem-cell research in the United States. Pro-life people argue that the embryo is a being that is human, therefore it is a human being. Pro-choice people counter that even if it is so, it is not necessarily a1,056 words
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Article, Illustration1141 2001-08-18 15 If it is human is it a person? EMBRYONIC stem-cell researchers say that “being a human” is not always quite the same as “being a person” with the right to life. They argue that although foetuses are more than mere human cells, they are not persons until they begin toSource: INTERNET; LIM YONG - 1,141 words
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1285 2001-08-18 14 HANFOOK KWANG - THINKING ALOUD By HANFOOK KWANG AN EXPATRIATE at last week’s conference on the Singapore economy organised by the EDB Society asked what, I thought, was the most apt question of the day: What now? He wanted to know how government ministries1,285 words
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MONEY
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274 2001-08-18 16 BEREFT of good news in the stock market, investors found little reason to chase stock prices higher this week. The beleaguered technology sector continued to be weighed down by the lacklustre performance of the Nasdaq Composite Index and further selling of heavyweight technology274 words
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Article74 2001-08-18 16 Straits Times Index The Straits Times Index fell 5.24 points on the week to 1,636.19. DAY CLOSE TURNOVER Monday 1626.14 (-15.29) 201.2m($286.2m) Tuesday 1647.45 (+21.31) 283.2m ($392.3m) Wednesday 1644.69(- 2.76) 238.8m($345.1m) Thursday 1634.1 (-10.59) 238.6m ($385.7m) Friday 1636.19 (+2.09) 181.9m ($321.3m) BT-SRI Index The BT-SRI Index rose74 words
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Article1538 2001-08-18 16 Company Date ann Net earn TY LY <$m) ($m) EPS TY LY <cts> (cts) ACE Dynamics 15-May F 0.182 0.799 0.18 0.9 Achieva 15-Aug 1 3.819 3.892 0.92 1.19 AddValue 28-Jun P 0.559 3.217L 0.14 1.0L AirOcean 25-Jun P 4.952 4.611 1.62 2.02 Alexandra Hldgs12-Jun P 0.1096 4.0191,538 words
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Article145 2001-08-18 16 BONUS ISSUE ExBooks Acc Company Ratio date close Paymt Htap Seng one-for-two 10-Aug 15-Aug NA Horizon.com two-for-one 07-Aug 13-Aug NA Airocean one-for*four 16-Jul 19-Jui NA RIGHTS ISSUE ExBooks Acc St Company Ratio date dose Paymt Easyknit I 6 X o I o 15-Aug Presscrete one-for-one ®$0.10 08-Jun 13-Jun145 words
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Article244 2001-08-18 16 Company Place Date Time Twin wood E 10 Penjuru Close S'pore (*****8) 07-Sep 4.00pm SMB United E 9 Senoko Drive S'pore (*****7) 07-Sep 10.00am GB Htdgs A 29 Loyanq Crescent S'pore (*****5) 31-Aug t0.00am Enzer A Block 4012 Anq Mo Kio Ave 10 #06-08/11 TECHpiace 1 S'pore (*****8)244 words
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Article632 2001-08-18 16 Payment (cts) Ex date Books dose Pay date Acma 50c F 0.25 08-Jun 13-Jun 23-Aug Alexandra Hldgs b 1 30-Aug 04-Sep 18-Sep ASA 10c b 1 04-Sep 07-Sep 21-Sep Australand A50 nr A3 10-Sep 13-Sep 27-Sep Avaplas 5c F 0.2 31-Aug 05-Sep 18-Sep Bukit Semb b 20 22-Aug632 words
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Article149 2001-08-18 16 Company inscription Total Auto Proposal Bonus Issue on tha basis of one Bonus Share for every two existing ordinary shares held in the share capital of the company as at a date to be determined by Directors of the company. FJ Banjamin The Directors of FJ Benjamin Holdings149 words
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Article1436 2001-08-18 17 UNIT TRUSTS FUNDS Friday, Aug 171 UNIT TRUSTS Aberdeen Asset Mqt Asia Ltd Aberdeen Select Portfolio: China Opportunities Fdl** Global MNC Fd 0.885/0.930 Global Technology Fd!** UK Blue Chip Fd!** 0.517 /0.544 Singapore Equity Fd!** 1.458/1.532 ABN AMRO Asset Mqt (S) Ltd Europe Bond Fund Europe Balanced Fund 0.952 0.8881,436 words
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Article4992 2001-08-18 18 Transaction date: Aug 17, 2001 MULTI INDUSTRY 52-Wk Currency lest Hiqh Lev Company TreM Sale ♦or'Vol '000 Hi# Day Low Gfs Dhr Net m M Cap $am m Avg Price 143 35 c Acma 50c 38 unch 118 38.5 37.5 0.5 10 65.9 38 414,992 words
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Article866 2001-08-18 19 BONDS, LOANS WARRANTS Transaction date: Aug 17, 2001 52-Wk High Low Company Last Sate ♦orVol ooo Day High Low Last Quote Wt A vg Buyer Seiler Price 39.5 26 s ASTI W*****1 -.28 41 28 28 28 28.5 28 47.5 13.5 s Amtek W*****0 39.5 -0.5 134 40 39.5 39866 words
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Article1398 2001-08-18 19 52-Wk Currency last High Low Company Traded Sate ♦or'Vol •000 Day High Low Gr*s Div Net P/E M Cap $«N Wt Avg Price MANUFACTURING 40.5 20.5 c AP Oil 5c 21 ♦0.5 125 21.5 21 5.4 18.4 21 168 43 c AS Auto 10c 50.5cd unch 120 511,398 words
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232 2001-08-18 20 AZHAR KHALID - Those which make the cut are traditional large-cap counters but only two of the companies on the list are technology-related AZHAR KHALID MARKETS CORRESPONDENT INVESTORS wanting to hedge their risks in an uncertain market can take heart. The Singapore Exchange (SGX) on Thursday unveiled232 words
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Article, Illustration328 2001-08-18 20 SOH WEN LIN - Btj SOH WEN LIN INFRASTRUCTURE conglomerate SembCorp Industries will partner an international energy company to bid for one of three power generators to be sold by the Government next year. SembCorp has declined to name the company until theTUAS POWER - 328 words
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296 2001-08-18 20 IGNATIUS LOW - By IGNATIUS LOW FINANCE CORRESPONDENT DBS GROUP Holdings has been left red-faced again after another slip-up just two weeks after the bank made an embarrassing public apology to two rivals. Its latest boo-boo concerns the academic qualifications of its vice-chairman and chief executive296 words
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380 2001-08-18 20 REBECCALEE - §IL REBECCALEE NEPTUNE Orient Lines (NOL), which had a run-in with the Singapore Exchange (SGX) last week that resulted in its shares being suspended, placed advertisements in the newspapers on Thursday to tell shareholders it was working with the SGX to prevent a380 words
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Page 17 Advertisements
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Advertisement22 2001-08-18 17 GET THE ONE THAT FITS! Multi-skilled worker, aspiring leader, all-rounder, star performer... Find the right staff through The Straits Times Recruit. TheStraitsTimes22 words
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Page 21 Advertisements
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Advertisement1179 2001-08-18 21 The Straits Times Weekly Edition na osm Capitalise on the opportunities the cutting edge. Marvell, a public-listed company in US, is fast-growing, and has become a leading developer and supplier of mixed-signal processing ICs. We provide state-of-the-art .....iu_ —DSP and high-performance analog front-Siaie-OT-ine-an, end interfaces in an advanced digital CMOS1,179 words
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Page 22 Advertisements
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Advertisement1199 2001-08-18 22 WORLD HEALTH NETWORK (WHN) is an international organisation with offices in the UK, USA, Malaysia and Singapore. Our product. Healix Professional, is a one-stop information and enrichment software for doctors. The Singapore company is currently looking foropenminded and dynamic talents who are flexible to new opportunities to join us. (I)1,199 words
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FORUM
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316 2001-08-18 23 Do social status and job titles still circumscribe our interactions? Are we shying away from breaking the ice with strangers, even kids, for fear of what people might think? I REFER to Mr Asad Latifs article, “Don’t avert your gaze from fellow Singaporeans” (Page316 words
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Article, Illustration245 2001-08-18 23 RECENTLY, a delivery driver killed a five-year-old girl because he failed to keep a proper lookout when reversing his van. His lawyer said in mitigation that he was driving a van with no rear window. Drivers of heavy vehicles such as delivery vans, trucks and245 words
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405 2001-08-18 23 MR ANDY HO wrote an interesting piece, “Pursue pleasure and end up in fool’s paradise” (Page 13). His critical argument was sparked by my public lecture, HowTo Be Happy? Private Consumption vs Public Spending, at Nanyang Technological University on Aug 3. While405 words
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384 2001-08-18 23 THE recent upsurge of interest in the subject of Satanism stems mainly from problems with “satanic” groups in Malaysia. In Judaism and Christianity, Satan (Hebrew for adversary) is seen as the embodiment of evil; in Islam, Satan or Shaytan is identified with384 words
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494 2001-08-18 24 LYDIA LIM - Singapore Power to pilot 'district cooling concept’ supplying air-conditioning to buildings in new downtown *L LYDIA LIM ENERGY company Singapore Power is moving into the air-conditioning business with a new subsidiary set up to keep the new downtown area at Marina South cool.494 words
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Article, Illustration524 2001-08-18 24 JULYNKANG - By, JULYNKANG BUSINESSMAN Tay Teng Joo did his rounds of the tables at his wedding banquet, kissed his bride Samantha Ho and posed for pictures, all the things a groom is expected to do. But barely 32 hours earlier, the 33-year-old had beenTREVOR TAN - 524 words
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Article275 2001-08-18 24 A MYSTERY woman who was questioned by the police over the weekend may provide the link between kidnap victim Tay Teng Joo and the alleged mastermind. The woman, in her 40s, is apparently the flat-mate and close friend of Agnes Ng Lei Eng, one of275 words