The Straits Times : Weekly Overseas Edition, 8 September 2001
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2001-09-08
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-09-08 1 The Straits Times Weekly Edition Saturday September 8,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/200019 words
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Article, Illustration974 2001-09-08 1 IRENE NG - Singapore agrees to a range of requests in return for water, use of air space, in talks between Dr Mahathir and SM Lee By IRENE NG POLITICAL CORRESPONDENT IN KUALA LUMPUR SINGAPORE and Malaysia on Tuesday reached a skeletal agreement to resolve outstandingREUTERS - 974 words
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Page 1 Advertisements
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Advertisement55 2001-09-08 1 Dream chasers Job Security Takes Back Seat Fuelled by a vision, two freshly-graduated computer engineers set up joint software-development firm with three others page A MOTHER’S LOVE 'Maybe Miracles Can Happen' Hoping against hope, a mother nurses her son, waiting to hear him call ‘mummy’ again, after a workplace accident55 words
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PRIME
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NEW SINGAPORE-KUALA LUMPUR AGREEMENT
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529 2001-09-08 2 LESLIE LAU - Malaysian papers praise the agreement reached by SM Lee and Mahathir, saying it paves way for higher level of friendship By LESLIE LAU IN KUALA LUMPUR MALAYSIAN newspapers have described the deal struck between Singapore and Malaysia as a great relief, and529 words
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Article, Illustration308 2001-09-08 2 In his four-day visit to Malaysia, Senior Minister Lee Kuan Yew reached a skeletal agreement with Prime Minister Datuk Seri Dr Mahathir Mohamad on outstanding bilateral issues. Here are excerpts of reactions to his visit: ‘We trust that Mr Lee is wise enough to avoidGEORGE GASCON - 308 words
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566 2001-09-08 2 IRENE NG - By IRENE NG IN KUALA LUMPUR IT IS now over to the officials of both countries to flesh out the details of the skeletal agreement reached between Senior Minister Lee Kuan Yew and Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad. On566 words
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163 2001-09-08 2 Sin Chew Jit Poh/Asia News Network KUALA LUMPUR Senior Minister Lee Kuan Yew supports a proposal to link the Singapore electricity network with Malaysia’s for emergency needs, said Malaysia’s top power producer, Tenaga Nasional Bhd (TNB). “I have proposed to link up the electricitySin Chew Jit Poh/Asia News Network - 163 words
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653 2001-09-08 3 IRENE NG - It's a compromise deal, says SM Lee, but S'pore decided to move now rather than to drag out long-standing issues By IRENE NG POLITICAL CORRESPONDENT IN KUALA LUMPUR THE deal struck with Malaysia is a compromise to get long-standing issues settled653 words
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Article, Illustration936 2001-09-08 3 IRENE NG; and BRENDAN PEREIRA - By IRENE NG and BRENDAN PEREIRA IN KUALALUMPUR THE Singapore-Malaysia agreement on railway land has to be varied to accommodate Malaysia’s requests to relocate the train station from Tanjong Pagar to Kranji, as well as for an additional 12 parcels of land atGEORGE GASCON - 936 words
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HOME
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Article, Illustration526 2001-09-08 4 NEO HUI MIN - Bargain-hunters rush for old library books at Eastpoint Mall, but another bookshop there is worried about its sales By. NEO HUI MIN BOOK-LOVERS looking for bargain buys thronged Value Bookshop yesterday, snapping up old library’ books at $3 each. The joint venture between theCHEW SENG KIM - 526 words
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SILKAIR CRASH LAWSUIT – FINAL ARGUMENTS
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Article557 2001-09-08 4 TAN 001 BOON - By TAN 001 BOON ASSISTANT NEWS EDITOR HUMAN hands, not mechanical failure, sent Silk Air Flight MI 185 into a fatal dive, said the lead lawyer acting for families of six people who died in the December 1997 crash. Senior Counsel Michael Khoo said there557 words
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454 2001-09-08 4 TAN 001 BOON - TAN 001 BOON ASSISTANT NEWS EDITOR THE families suing Silk Air over the 1997 crash in Indonesia have not proved that the pilot downed the plane recklessly and intentionally, lawyers for the regional airline said on Wednesday. The plane nosedived into a river in454 words
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Article, Illustration370 2001-09-08 5 JANE LEE - Part-time student Patrick Tan, a technical officer, now eyes a master’s Bti JANE LEE HE WENT back to school when he was 37 years old, then continued to study for the next 12 years while holding down a full-time job. Now 49, Mr Patrick TanENRIQUE SORIANO - 370 words
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Article, Illustration432 2001-09-08 5 TRACY QUEK - With a wireless network, Raffles Institution students can gain access almost anywhere in school bjl TRACY QUEK RAFFLES Institution (RI) students can now surf the Internet almost anywhere in school. Using laptop computers fitted with wireless cards, they can access their school’sTANSUANANN - 432 words
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437 2001-09-08 5 SANDRA DAVIE - §1 SANDRA DAVIE AN INSTITUTE of Technical Education certificate may just be the qualification to have in a recession. An employment survey by the institute showed that its students not only get jobs fairly easily, but they are also getting paid more,437 words
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Article, Illustration521 2001-09-08 6 JANE LEE - While their friends accept well-paid jobs at multinational firms, two NTU graduates have set up a web-design company Bti, JANE LEE COMPUTER engineers Gabriel Ng Chwee Hock and Eric Yong Ngai could have walked into cushy jobs at any multinational company. ButJAMES HODSON - 521 words
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239 2001-09-08 6 SINGAPORE needs to get its act together to prepare for the surge in the number of elderly citizens, said the Singapore Action Group of Elders (Sage). Singapore has one of the fastest greying populations in Asia. By 2030, it is projected that it will239 words
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324 2001-09-08 6 LIANG lIWEE TING - *L LIANG lIWEE TING WHILE Singapore has one of the most competitive workforces in the world, it does not have one of the healthiest. Only one in four privatesector companies has workplace health programmes, compared with all government ministries and most statutory324 words
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468 2001-09-08 6 TAN 001 BOON - Their actions cannot be seen as youthful mistakes, says CJ Yong SEX WITH MINORS TAN 001 BOON ASSISTANT NEWS EDITOR ADULTS and older men who are caught having sex with underage girls will be given longer jail sentences now. The benchmark sentence for468 words
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Article, Illustration546 2001-09-08 7 K.C. VIJAYAN - Private companies may run Portsdown and Queenstown prisons under a move to redeploy staff to more critical prison work *L K.C. VIJAYAN SOME prisons here may be run by private companies in future as part of a move to outsource non-critical prison services. This546 words
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463 2001-09-08 7 LIANG lIWEE TING - A father of two has become the first Muslim here to receive a new heart §IL LIANG lIWEE TING HEART patient Mohamed Selamat Mohamed Ali was resigned to dying when a surprise reprieve came his way in July ne learnt he would get463 words
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428 2001-09-08 7 SHARMILPAE KAUR - ill SHARMILPAE KAUR WITHIN two years of having a stroke, more than one in four, or 26 per cent, of stroke patients here are dead, and more than four in 10 are still disabled. Stroke fells about 10,000 people every year in Singapore428 words
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Article, Illustration645 2001-09-08 8 ALETHEA LIM - Reduced to a semi-vegetative state after an accident at work, technician Ivan Chan is now totally dependent on his mother By ALETHEA LIM COURT CORRESPONDENT MADAM Jenny Tan turned down her son’s invitation to have dinner with him on Jan 10 last year because she645 words
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Page 8 Miscellaneous
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Miscellaneous1061 2001-09-08 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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SEA GAMES
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482 2001-09-08 9 CHAN TSE CHUEEN - One potential gold fewer as the 22-year-old Golden Girl pulls out of the 200 m freestyle SWIMMING By CHAN TSE CHUEEN IN KUALA LUMPUR SINGAPORE has lost one tx>tential gold medal even before the South-east Asia Games begin today. Swimmer Joscelin Yeo, the Republic’s482 words
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Article468 2001-09-08 9 TAY CHENG KHOON - Main body of athletes, officials and stakeholders check into KL By TAY CHENG KHOON IN KUALA LUMPUR FELLOW-PASSENGERS on board SQIIO on Wednesday did not need to be Sherlock Holmes to know that the Singapore Airlines flight was packed with sportsmen. After all, when468 words
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Article, Illustration600 2001-09-08 9 NEIL HUMPHREYS - SOCCER By NEIL HUMPHREYS IN KUALA LUMPUR AN AGGRESSIVE Singapore demolished Cambodia 5-0 on Wednesday night to be just a point away from a berth in the South-east Asia Games soccer semi-finals. That last-four place should be a formality if the Young Lions showALBERT SIM - 600 words
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MALAYSIA
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SM LEE’S VISIT TO MALAYSIA
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483 2001-09-08 10 REME AHMAD - Ministers from both nations gleaned insights although talks were mostly ‘non-substantive’ REME AHMAD IN KUALA LUMPUR MEETINGS held by Singapore ministers accompanying Senior Minister Lee Kuan Yew to Malaysia were “unofficial”, and the issues discussed mostly “nonsubstantive”. But the insights gleaned from these meetings with483 words
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Article, Illustration398 2001-09-08 10 REME AHMAD - By REME AHMAD IN KUALA LUMPUR SINGAPORE and Malaysia may each have to issue their respective “smart cards” to frequent travellers of the other country as a solution to incompatible card systems which the two sides use. Singapore Home Affairs Minister Wong Kan SengGEORGE GASCON - 398 words
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435 2001-09-08 10 LESLIE LAU - By LESLIE LAU IN KUALA LUMPUR THE government was wrong in closing down many Chinese- and English-language medium schools in the past, said Malaysian Prime Minister Mahathir Mohamad, adding that the rise in Islamic fundamentalism has caused Malays to do badly in studies.435 words
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SOUTH-EAST ASIA
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260 2001-09-08 11 EDWARD TANG - By EDWARD TANG THAILAND CORRESPONDENT BANGKOK For once, Thai counterfeiters are giving a top movie a break. More than 10 days into the screening of the epic movie Surivothai, Thailand’s latest blockbuster, pirates have yet to copy it on a large scale.260 words
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428 2001-09-08 11 EDWARD TANG - Over 500,000 are afflicted but Thais reject this ‘offensive’ call for pre-marriage tests By /EDWARD TANG THAILAND CORRESPONDENT BANGKOK Doctors in Thailand have urged people, especially those about to get married, to have their blood tested for thalassaemia, a genetic disorder428 words
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Article, Illustration32 2001-09-08 11 MOVING HOUSE Filipinos near Pinatubo volcano are moving all they can put on pedicabs to avoid disaster when scientists release millions of cubic metres of water from the crater. REUTERSREUTERS - 32 words
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375 2001-09-08 11 DEVI ASMARANI - By DEVI ASMARANI STRAITS TIMES INDONESIA BUREAU JAKARTA With the police and military leaders repeatedly labelling him an agent of the separatist Free Aceh Movement (GAM), Mr Nasir Djamil knows it is no longer safe to stay in his hometown. Just look at what375 words
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203 2001-09-08 11 ARTURO RARIUAD - By ARTURO RARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA The anti-graft court on Monday froze about 11 million pesos (S$400,000) in illegal wealth allegedly amassed by deposed president Joseph Estrada, but his 4.1-billion-peso plunder case has been stalled at a pre-trial conference due to203 words
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COMMENT
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Article540 2001-09-08 12 FRIDAY September 7,2001 SENIOR Minister Lee Kuan Yew’s meeting with Malaysian Prime Minister Mahathir Mohamad on Tuesday has resulted in a broad agreement between the two countries. Singapore has agreed to the relocation of the KTM railway station from Tanjong Pagar to Kranji instead of Woodlands; to the540 words
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Article547 2001-09-08 12 TUESDAY September 4,2001 Australia has a reasonably good record of refugee absorption, being one of only 10 countries on a United Nations list with resettlement quotas besides its acceptance of asylum seekers who come knocking on its doors. The shipload of 438 would-be refugees marooned in547 words
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Article, Illustration907 2001-09-08 12 INVESTOR confidence has always been a watchword in Singapore, so when someone says to me that foreign investors are worried, it’s time for me to get worried, too. The sobering news came from an old friend who is now executive director at one of907 words
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COMMENT/PERSPECTIVE
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Article, Illustration920 2001-09-08 13 ANDY HO - Oh, to believe that in moral matters morality matters MY VIEW B>J ANDY HO GUIDELINES are lines that guide. But the Economic Development Board (EDB) could not wait to plonk down $l7 million of public money in a joint venture with private Australian investors to form ES Cell International, oneLUDWIG ILIO - 920 words
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Article793 2001-09-08 13 1TH ASAD LATIF - HEART TO HEART WITH 1TH ASAD LATIF THE Singapore International Foundation (SIF) celebrated its 10th anniversary late last month at an unusual venue: the Main Building of the People’s Association. Dr Tan Chi Chiu, the foundation’s young and energetic executive director, explained the reason. “We have793 words
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INSIGHT
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Article, Illustration2249 2001-09-08 14 If the export sector is the belle of the ball, the long-neglected domestic sector is Cinderella. Last week, our senior correspondent WALTER FERNANDEZ looked at the new economic strategy to transform Singapore companies into global champions. Now, he finds out what ails the heal economy and2,249 words
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1043 2001-09-08 14 TAN TARN HOW - THINKING ALOUD TAN TARN HOW THE new law on Internet political advertising in an election has thrown up some questions, even confusion, about what can and cannot be done. This is partly because the new law, passed last month as amendments to the1,043 words
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MONEY
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267 2001-09-08 16 FOR most of the week, Singapore investors had to fight hard to keep the benchmark Straits Times Index (STI) in the black. Investor sentiment continued to be poor. End of the week saw a combined two-day fall of over 45 points. MONDAY: UNITED Overseas Bank (UOB),267 words
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Article76 2001-09-08 16 Straits fines Index TIm Straits Thnts Index dropped 42.17 points on the «rook to 1,576.95. DAY CLOSE TURNOVER Monday 1,615.51 (-3.61) 191.1 ($248.8m) Tuesday 1,620.55 (+5.04) 277.6 ($448.2m) Wednesday 1,622.52 (+1.97) 191.0 ($343.0m) Thursday 1,608.00 (-14.52) 227.7 ($324.2m) Friday 1,576.95 (-31.05) 518.4 ($498.2m) IT-SII Index The BT-SRI76 words
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Article1758 2001-09-08 16 Company Dote ann Net earn TY LY (Sm) ($m> EPS TY LY (cts) (cts) Achieva 15-Aug 1 3.819 3.892 0.92 1.19 AddVaiue 28-Jun P 0.559 3.217 L 0.14 1.0L AirOcean 25-Jun P 4.952 4.611 1.62 2.02 Alexandra Hldgsl2-Jun P 0.1096 4.019 0.36 13.39 Allcom Tech 09-Aug 1 1.2721,758 words
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Article162 2001-09-08 16 BONUS issue Company Ratio Exdot* Books dose AccE P*ymt CircuitsPlus Total Auto one-for-five one-for-two 17-Sep 04-Oct 20-Sep 09-0ct NA NA RIGHTS ISSUE Company Ratio Exdate Books dose Acc& Paymt CircuitsPlus Easyknit Presscrete one-for-ten @$0.12 17-Sep one-for-two @HK$0.15 10-Aug one-for-one @$0.10 08-Jun 20-Sep 15-Au<j 13-Jun OTHERS Company Ratio Exdate162 words
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Article258 2001-09-08 16 Company Description Keppel Corp Proposed capital distribution of $0.50 per share by way of reduction in the par value of the Company’s shares from $1.00 to $0.50 has received the in-principle approval of the SGX-ST. The proposed capital distribution is subject to the approval of shareholders at an258 words
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Article568 2001-09-08 16 Payment Ex Books Pay (ets) date close date Alexandra Hldgs b 1 30-Aug 04-Sep 18-Sep Amtek 20c F 0.8TE 06-Dec 11-Dec 20-Dec ASA 10c b t 04-Sep 07-Sep 21-Sep Auric Pac 50c 1 2 04-0ct 09-0ct 25-Oct Australand A50 m A3 10-Sep 13-Sep 27-Sep Avaplas 5c F 0.2568 words
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Article123 2001-09-08 16 Company Place Date Time Interform Ceramics A Plaza 1 to III, Lower 28-Sep Lobby, Century Hong Kong Hotel, 238 Jaffe Road Wanchai, Hong Kong 9.30am Total Auto E 45 Gul Drive Jurong, Spore (*****2) 26-Sep 11.00am Asia Dekor A 6 Raffles Boulevard Orion 1-3, Level 2 Marina Mandarin123 words
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Article1520 2001-09-08 17 UNIT TRUSTS FUNDS 1 UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.730 /0.768 China Opportunities Fd!** 0.855/0.899 Global Technology Fd!** Indonesia Equity Fd!** 0.468 /0.493 0.723 /0.760 Pacific Equity Fd!**...... Philippine Equity Fd!** Singapore Equity Fd!** Thailand Equity Fd!**.............. 1.180/1.240 0.357/0.376 1.446 /1.519 1.111/1.1681,520 words
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Article135 2001-09-08 17 Foreign Currency Note Rates (9am, Sep 7) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9010 0.9230 Canadian dollar 1.1110 1.1350 NZ dollar 0.7480 0.7640 Sterling pound 2.5350 2.5620 US dollar 1.7430 1.7540 Singapore dollars to 100 units of foreign currency Australian dollar 0.9010135 words
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Article4989 2001-09-08 18 Transaction date: Sep 7, 2001 MULTI INDUSTRY 52-Wk Currency last Hhj& Low Coaipaay Traded Salt ♦er'Vol 000 High Day Law Cr*s Mv% Nat fit M Cap $ati Wt Avg Price 143 33 c Acma 50c 34 -0.5 198 34.5 33 0.5 8.9 59 35 414,989 words
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Article1218 2001-09-08 19 52-Wk Currency last High Lav Company Traded Sale ♦or'Vol 000 Day Lev Gr*s D* Net P/E M Cap Sam ill MANUFACTURING 40.5 16 CAP 0115c. 17 4.4 14.9 17 168 43 c AS Auto 10c 45 -2 188 46 45 10N 6.5 59.1 48 60 30 c AS1,218 words
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Article223 2001-09-08 19 FINANCE 52-Wk High Low Company Currency last Traded Sale ♦or'Vol '000 Day Gr*s High Low Dtv Net M Cap P/E $m»l wt Avq Price ***** 6890 4630 4610 555 510 s IS MSCI Spore ***** ***** s ISS&P500 ***** ***** s SPDPS US*****cd STOCK PRICES LEGENO Straits Times223 words
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Article143 2001-09-08 19 Transaction date: Sep 7,2001 52-Wk High Low Curr Last Vo( Company Tradtd Salt tor- '000 Day Gross Ntt M Cap High Low dlv P/E Smll HONGKONG STOCKS 68 5 Cathay Pac 20c Chaung KongSOc... Citya Solutions Lt HK720 HK1780 HK50 265 6 *****.2 240 3 *****.5 2 49.5143 words
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584 2001-09-08 20 DENNIS CHAN - Major revamp sees 21 component stocks dropped, and 14 newcomers, to better reflect trading activity on the SGX DENNIS CHAN ASSISTANT MONEY EDITOR TWENTY-ONE stocks will be dropped and 14 added in a major revamp of the Straits Times Index (STI) intended to better584 words
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Article, Illustration328 2001-09-08 20 LOHCHENYI - *L LOHCHENYI SINGAPORE and Japan are on track to clinch a free trade agreement (FTA) by the end of the year after a third round of talks concluded in Singapore on Wednesday. Singapore’s chief negotiator, Ambassador Lim Chin Beng, said he was satisfied withSTEVEN LEE - 328 words
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467 2001-09-08 20 IGNATIUS LOW - Refjorts by IGNATIUS LOW FINANCE CORRESPONDENT FOUR key markets. Four country heads. This is how DBS Group Holdings has carved up its growing regional empire using a new “country management” system. Under the plan, four of DBS’ top executives will take charge of467 words
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274 2001-09-08 20 BOTH DBS Group Holdings and OCBC Bank have disposed of all their holdings in Overseas Union Bank (OUB) albeit through different means. OCBC accepted United Overseas Bank’s (UOB’s) cash-and-shares offer for its stake in the smaller bank on Monday. DBS is said to274 words
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Page 17 Advertisements
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Advertisement16 2001-09-08 17 EDUCATION/ TRAINING The Straits Times Classified. Classifications 703 794. C.A.T.S Buy It. Sell It. Find It.16 words
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Page 21 Advertisements
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Advertisement1184 2001-09-08 21 The Straits Times Weekly Edition Sill 1 V SB»< I■: 39ke- >•••' e o n S r Jurong Port Private Limited is the Premier Multi-Purpose Port that aims to enhance Singapore's position as a world-class maritime and logistics hub. We are constantly exploring new areas of business to provide integrated1,184 words
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Page 22 Advertisements
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Advertisement1010 2001-09-08 22 Where your success is our success... JANSSEN-CILAG, a division of Johnson Johnson Pte Ltd, is one of the largest and most successful research-based organizations in the pharmaceutical industry. In our business, everything hinges on innovation, creativity and the professional use of high-tech resources. And we believe that your talent can1,010 words
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FORUM
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248 2001-09-08 23 I REFER to Mr Brandon Lee’s letter, “Free market in tuition has many benefits” (ST, Aug 31). It is the “established publishers” of assessment books with whom I find fault because the industry has, at no time, had any form of regulation. Liberalising248 words
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Article649 2001-09-08 23 I READ with surprise the article, “New economy all hype, says Ho Kwon Ping” (ST, Aug 28). Mr Ho’s assertion is astonishing. In fact, this view reinforces a report the following day which quoted Harvard professor Susan Pharr as saying that Asia has a649 words
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Article, Illustration182 2001-09-08 23 ON ITS first anniversary, I applaud those who have participated at Speakers’ Comer, either as speakers or listeners. I have been there as a speaker and listener myself. Trust me, not everyone goes there to air personal grouses. Constructive views and ideas do surface. It182 words
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Article534 2001-09-08 23 Fostering a culture of innovation in Singapore is not going to be an easy task for two reasons. Firstly, Singaporeans are so used to being pampered at home, spoon-fed in school and mollycoddled by the Government that it would require a complete mind-set change at all534 words
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453 2001-09-08 24 LYDIA LIM - 64 precints will benefit from plan which will also upgrade interiors and common areas over five years §!L LYDIA LIM OVER 46,000 HDB households will benefit from a $1 billion programme to upgrade the lifts, interiors and common areas of Housing Board453 words
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Article, Illustration557 2001-09-08 24 SHARON VASOO - Tibs driver Loh Tung Seng has 22 awards at his workplace, but still... *L SHARON VASOO YOU name it and he’s won it. Awards for work excellence, that is. In his 18 years as a bus driver with Trans-Island Bus Services (Tibs),THOMAS WHITE - 557 words
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427 2001-09-08 24 SUSAN LONG - Bt/ 1 SUSAN LONG ONLY one homegrown firm, Raffles International, made it to the list of Singapore’s 10 best employers drawn up by a global management consulting firm. Hewitt Associates came up with the list after conducting a ground-breaking study, which is427 words