The Straits Times : Weekly Overseas Edition, 15 September 2001

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday September 15,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/2000
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  • Page 1 Advertisements
  • PRIME
    • America UNDER ATTACK
      • 808 1 Thousands are feared dead in Tuesday’s terrorist attacks in America. Singaporean Rachel Lau, 33, who was on the 38th floor of New York’s World Trade Center which was hit hu two airplanes, survived the nightmare. KARAMT KAUR spoke to her family in Singapore
        CHEW SENG KIM  -  808 words
      • 714 2  -  KAREN WONG and JANE LEE ALL four Singaporeans who were in New York when the terrorist blasts occurred are safe, the Singapore Foreign Affairs Ministry said on Thursday. Earlier, there was concern as all four had been uncontactable immediately after the blasts at the
        AZIZ HUSSIN; CHEWSENCKIM  -  714 words
    • 506 3 Number of unemployed degree and diploma holders aged 40 and older has increased more than three-fold in four years MORE unemployed people with university degrees ordiplomas, who are aged 40 and above, are finding it difficult to get new jobs quickly. Their numbers have risen by
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    • 240 3 FOR those who may have problems paying the $lOO needed to quality for the Central Provident Fund (CPF) topup, three community development councils (CDCs) and grassroots organisations are stepping in to help. While Central Singapore CDC and its grassroots organ- isations are
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    • 294 3  -  By KWAN WENG KIN IN TOKYO and MARGARET PERRY IN SINGAPORE BEEF imports from Japan have been banned, following the news that a dairy cow there may have madcow disease, or bovine spongiform encephalopathy (BSE). The Agri-food and Veterinary Authority (AVA) announced the immediate ban
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  • HOME
    • 401 4  -  One proposal is a school stressing bilingual and national education, and the other, a back-to-nature university *!L M. NIRMALA TWO proposals to set up private schools here will be submitted to the Education Ministry, just a week after Prime Minister Goh Chok Tong
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    • 405 4  -  Btt LEE HUICHIEH FOR some litterbugs, once is not enough. Of the 238 people who have served Corrective Work Orders (CWOs) so far this year, 17 have done it before. One of them, IT administrator Liew Siew Leong, 41, said in Mandarin:
      TREVOR TAN  -  405 words
    • 254 4  -  By IGNATIUS LOW FINANCE CORRESPONDENT WOULD-BE market manipulators will soon have to contend with an extra pair of “eyes” monitoring market activity on the Singapore bourse. The Monetary Authority of Singapore (MAS) says work on a high-tech surveillance system, which will be capable of
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    • 219 4  -  *!L TAN YEN NEE INMATES of Changi Women’s Prison will soon have access to a well-stocked library, and some of them may even learn how to run and manage it. The 900 staff members of the National Library Board (NLB) have volunteered to train
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    • 516 5  -  Foundations refuse to help fund the group's $220,000 yearly budget because they view its work as political activity By G. SIVAKKUMARAN THE Media Watch Community is closing shop because it could not raise a single cent to fund its work
      JOYCE FANG  -  516 words
    • 443 5  -  *L i CHANG AI-LIEN RESEARCH into human embryonic stem cells, a field in which Singapore is emerging as a world leader, is a hot topic of discussion among people eager to help shape ethical guidelines covering this new and controversial field of science.
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    • 510 5  -  Bi/ 1 SHARMILPAL KAUR SINGAPORE’S first recycling association has been set up and all are welcome to join from housewives to multinational companies. Called the Waste Management and Recycling Association of Singapore (WMRAS), it already has 52 companies as members all in the wastemanagement
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    • 427 6 Grandparenting will get a publicity boost on Nov 25, which has been set aside as Grandparents’ Day. Senior Parliamentary Secretary (PMO and Health) Chan Soo Sen said recently that active grandparents can not only help busy parents to cope but also replace the
      TREVOR TAN  -  427 words


  • Page 6 Miscellaneous
    • 1061 6 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • SEA GAMES 2001
      • 672 7  -  SHOOTING By MARCUM IN KUALA LUMPUR ONE second was all it took to decide who would win the South-east Asia Games individual trap gold medal at the Subang Shooting Range on Sunday. Singapore’s Michael Kwa Eng Cheong and Filipino Jethro Dionisio were tied 133-133 with
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      • 553 7  -  Singapore’s 800 m freestyle relay team acts in unison to break the recent drought of medals SWIMMING By CHANTSE CHUEEN IN KUALA LUMPUR HOW can you swim a good race when your goggles slip down to your teeth, forcing you to take it off and carry
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      • 248 7  -  Chan Tse Chueen SHE won two gold medals, but all swimmer Joscelin Yeo wanted to talk about was the men’s win in the 4x200 metres freestyle relay. The US-based swimmer was virtually unchallenged in the 100 metres freestyle and the 200 m individual medley
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  • COMMENT
    • 593 8 MONDAY September 10,2001 FIFTY years ago, Japan signed the San Francisco Peace Treaty, formally establishing peace with all its opponents in the Second World War, except the Soviet Union and Nationalist China (terms with them followed later). Unlike the Versailles Peace Treaty ending the First World War, which
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    • 568 8 WEDNESDAY September 12,2001 FOR the umpteenth time, China has itemised for Taiwanese consumption the unabridged democratic freedoms it is theirs to preserve, subject to the one-China proviso. And for the umpteenth time, Taiwan and its Mainland Affairs Council are going to say as a matter of
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    • 918 8  -  SATURDAY By CHUA LEE HOONG MALAYSIAN Prime Minister Mahathir Mohamad and Singapore’s Senior Minister Lee Kuan Yew shared the limelight at the Ritz-Carlton on Monday night, but the occasion was also one when it seemed as if the two men, for all their being
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  • COMMENT/PERSPECTIVE
    • 901 9  -  MY VIEW B,j ANDYHO PART man, part mouse. That’s the hunk you are dating, for he has undergone a stem-cell transplant to cure his juvenile diabetes. If wedding bells ring, could some mouse genes or viruses be coming your way? Such concerns may
      LUDWIG ILIO  -  901 words
    • 1021 9  -  HEART TO HEART With ASAD LATIF IN HIS National Day Rally speech, Prime Minister Goh Chok Tong revealed his sadness over a letter to The Sunday Times in which a young Singaporean derided the Chinese people as cheena. The letter-writer had called people
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  • INSIGHT
    • 2674 10 The public is right health-care costs in Singapore are going up year by year, be it for hospitalisation, medical treatment or drugs. Whatever happened to the notion of affordable health care How can patients keep their bills down? Are they making the
      TREVOR TAN  -  2,674 words
    • 1587 15  -  THINKING ALOUD By' By WARREN FERNANDEZ JUST about everybody has a story to tell about poor service in Singapore. Here’s mine, with some service-boost-ing suggestions thought aloud. Last Christmas, my wife bought me a spifly Swatch watch. It was one of those chrome-plated models
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  • CPF NEWSLINE A CORPORATE NEWSLETTER OF THE CPF BOARD
    • 321 14 If you are selling your private property bought with CPF savings, you would have to refund the principal CPF amount withdrawn plus accrued interest. This is because CPF savings are primarily for old age needs. Should the sales proceeds be insufficient to cover
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    • CPF IN SHORT
      • 52 14 From end July 2001, members have been able to view and print their detailed CPF transactions on a monthly basis from the current month to the last 14 months’ records (ie. up to 15 months’ records). To use this new CPF PAL-Internet service, you need
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      • 43 14 CPF members should have received their half-yearly statement for January to June 2001 by August. If you have not received your statement, you may call us to request a copy. You can also access this statement on CPF PAL-Internet.
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      • 84 14 The interest rates for 1 October to 31 December 2001 are: 2.5% pa for Ordinary Account savings, and 4.0% pa for Medisave, Special and Retirement Account savings. The concessionary interest rate for HDB mortgage loan, which is pegged at 0.1 percentage point above the CPF interest rate
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      • 37 14 The CPF Annual Report 2 0 00 is available for pu r c h a s e at the 2nd storey cashier counter, CPF Building, Robinson Road. The price is $20 (inclusive of GST).
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      • 103 14 The Board was recently awarded the SHARE Programme Platinum Award and the 5 Year Outstanding SHARE Programme Award by the Community Chest. The former is given to organisations that have achieved a staff participation rate of at least 95%, while the latter award is for organisations
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    • 262 13 From 1 October 2001, the interest rate for savings in the Medisave Account will be pegged to that of the Special Account. This was announced by the Minister of Health on 29 August 2001. Medisave savings, like those in the Special and Retirement Accounts,
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    • 156 13 Yes, life expectancy is rising and Singaporeans are now living longer than before. To help meet retirement needs, CPF members are encouraged to buy a larger annuity to give them a higher monthly income for life. Under the CPF Minimum Sum Scheme, members upon reaching
      156 words
    • 103 13 If you are getting your own statements, please bring along your identity card. If you are collecting statements on behalf of a CPF member, you must show your identity card, the member’s identity card and a letter signed by the member authorising you to
      103 words
    • 334 12 To enable members to build up more old age savings, the Board will be phasing out the withdrawal of profits for both CPF Investment Scheme investments and discounted Singapore Telecom shares. This was announced in August 2000. The next
      334 words
    • 351 12 Annual Investment Profit Loss Computation Starting 22 October 2001, CPF Investment SchemeOrdinary Account (CPFIS-OA) investors will receive their annual Profit and Loss Statements from their agent banks. CPF members who hold only discounted Singapore Telecom (ST) shares will receive their Profit and Loss Statements from the Board from 17 October.
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    • 574 11 CPF Top-Up and MediShield for the Elderly Here's good news! Prime Minister Goh Chok Tong announced at this year’s National Day Rally Speech that: the 187,000 Singaporeans who missed out on the CPF Top-Up of between $500 and $1,700 have
      574 words
  • Page 14 Advertisements


  • MONEY
    • 274 16 THE terrorist attacks in the United States that brought New York the financial capital of the World’s biggest economy to a complete standstill, also sent global stock markets into turmoil this week. The benchmark Straits Times Index lost a hefty 176.65 points to 1,400.3.
      274 words
    • 1715 16 Net earn EPS Date TY LY TY LY Company ann <$m) <Sm> (cts) (cts) Ace Dynamics 07-Sep 1 0.65 0.537 0.66 0.54 Achieve 15-Auq 1 3.819 3.892 0.92 1.19 Adroit 07-Sep P 15.837L 1.817 6.32L 0.96 Allcom Tech 09-Aug 1 1.272 3.23 0.92 234 Allgreen 31-Auq 1 38.975
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    • 163 16 BONUS ISSUE ExBooks Acc Company Ratio date dose Paymt CircuitsPius one-for-five 17-Sep 20-Sep NA Total Auto ona-for-two 04-Oct 09-0ct NA RIGHTS ISSUE ExBooks ACC i Company Ratio date close Paymt CircuitsPius ono-for-ten @$0.12 17-Sep 20-Sep Easyknlt one-for-two @HK$0.1S 10-Aug 15-Aug Presscrete ono-for-one @S0.10 08-Jun 13-Jun OTHERS ExBooks Acc
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    • 268 16 Company Description Royal Clicks Proposed acquisition of 25.6% interest in the enlarged issued share capital of Westco Jeans Pty Ltd. The Board of Directors announced that the Company had obtained the approval in-principle of SGX-ST for the listing quotation of 7,741.000 new ordinary shares of S$O.K> each in
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    • 73 16 Straits Tines lata The Straits Timas Index fell 176.65 points on the week to 1,400.3. DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday 1588.45 (-18.5) 1566.76 8.31) 1450.45(-116.31) 1438.67( 11.78) 1400.3 (-38.37) 223.2m($304.6m) 301.7m ($489m) 463.3m($778m) 234.2m ($416.6m) 360.8m (S537.6m) BT-SM Index The BT-SRI Index fell 50.92
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    • 669 16 Payment (cts) Ex data Books closa Pay data Alexandra Hldgs b 1 30-Aug 04-Sep 18-Sep Amtek 20c F 0.8TE 06-Dec 11-Dec 20-Dec ASA 10c b 1 04-Sep 07-Sep 21-Sep Auric Pac 50c 1 2 04-Oct 09-0ct 25-0ct Australand A50 m A3 10-Sep 13-Sep 27-Sep Avaplas 5c F 0.2
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    • 146 16 Company Place Date Time Koppol FELS E Marina Mandarin S'pore Orion Room 1*3, Level 2 6 Raffles Boulevard Marina Square S'pore (*****4) 05-Oct 10.00am tpco A 24 Pandan Road S'pore (*****5) 28-Sep 10.00am interform Ceramics A Plaza 1 to ill, Lower Lobby, Century Hong Kong Hotel, 238 Jaffa
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    • 943 17 UNIT TRUSTS FUNDS 1 UNIT TRUSTS Aberdeen Asset Mqt Asia Ltd Aberdeen Select Portfolio: Asian Fixed income Fd China Opportunities Fd!** 1.093/1.127 0.800/0.841 0.697 /0.733 0.927 /0.974 Philippine Equity Fd!** 0.344/0.363 1.358 /1.427 Thailand Equity Fd!** 1.042 /1.095 ABN AMRO Asset Mqt (S) Ltd 0.742 Europe Bond Fund Europe Balanced
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    • 109 17 Foreign Currency Note Rates (9am, Sep 14) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.8880 0.9100 Canadian dollar 1.0980 1.1210 NZ dollar 0.7280 0.7440 Sterling pound 2.5430 2.5700 US dollar 1.7320 1.7430 Singapore dollars to 100 units of foreign currency Austrian schilling 11.39
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    • 5140 18 Transaction date: Sep 14, ***** MULTI INDUSTRY 52-Wk Currency last High Law Company Traded Sate ♦ar'Vol '000 H* Day Low Gr*s Oh Nat rn M Cap Wt Avg Price 143 25 c Acma 50c 27 -3 234 29 25 0.5 7.1 46.9 29 41 8
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    • 1311 19 52-Wk Currency last Hi*h Lew Company Traded Sale ♦er'Vol '000 Hieh Day Lew Gr's Dtv Net P/E M Cap Avq Price MANUFACTURING 40.5 15 CAP Oil 5c 15 -1 323 16 15 3.8 13.2 16 168 32 C AS Auto 10c 33 -3.5 415 36 32 10N 4.8
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    • 224 19 FINANCE 52-Wk Hi* Low Company Currency last Traded Sale ♦or*Vol '000 Day Gr*s Hi* Low Die Net PAE M Cap $0« wt Avq Priet ***** ***** s Diamonds US*****cd susp 555 510 s IS HSCI Spore. US530 ***** ***** s SPDRS US*****cd SUSP STOCK PRICES LEGEND Straits Times
      224 words
    • 159 19 Transaction date: Sep 14,2001 52-Wk High Low Curr Last Company Traded Sale Vol ♦or'000 Day High Low Gross div Net P/E M Cap $mil HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung KongSOc .«..HK1780 240 3 *****.5 68 5 Citye Solutions Lt. HK53 2 52.5 203.1
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    • 695 20  -  Ansett’s parent will receive sll2m from the S’pore carrier in return for the increased equity, made up of new shares By REBECCA LEE A MCDADT D rDADTDD TRANSPORT REPORTER SINGAPORE Airlines (SIA) on Thursday finally won clearance
      MIEL  -  695 words
    • 485 20  -  By IGNATIUS LOW FINANCE CORRESPONDENT THE Singapore Exchange (SGX) is examining its rules on settlement procedures for cornered stocks to see if improvements can be made. The Monetary Authority of Singapore (MAS), in a written response on Monday to Straits Times queries, added that
      485 words
    • 387 20  -  By FELISA BATACAN PROPERTY REPORTER THE Urban Redevelopment Authority (URA) on Thursday rescheduled the tender closing dates for two commercial sites and two residential ones, waiting for the property market to calm in the aftermath of terrorist attacks in the United States. “It’s a
      387 words





  • Page 21 Advertisements
    • 1115 21 MM it* National a Healthcare m i Group ing years of healthy life to the people of Singapore The National Healthcare Group is a leading healthcare service provider managing a consortium of hospitals, medical institutions and polyclinics. We are dedicated to being at the forefront of medical development and delivering
      1,115 words

  • Page 22 Advertisements
    • 1040 22 O SGL CARBON GROUP Corrosion Protection SGL ACOTEC (Sj PTEL TO is a member oflhe worldwide SGL Carbon Group. We solve our customers' problems of corrosion management through surface protection with the best solution for each individual need. We are a market leader in the manufacture and installation of polymerbased
      1,040 words

  • FORUM
    • 305 23 ONLY in New York can one get a sense of living out a movie like Armageddon. As I stepped out of the subway station, a plume of dark-grey cloud disfigured the clear blue sky. My first reaction was Is it going to rain? As
      305 words
    • 396 23 Harper Lee spoke of the senseless killing of mockingbirds by children, mockingbirds that did no harm and instead sung their hearts out for people to enjoy. Years ago, she wrote in analogy about the killing of the helpless and the
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    • 130 23 ‘Who are we going to call? There are no Bruce Wiuises or Schwarzeneggers to save the day. 9 Mr Kelvin Chen, who works in New York ‘Some might counsel restraint hut it is never in human nature to condone a violation, not just of a nations security, hut
      AP  -  130 words
    • 187 23 Just imagine passenger jets slamming into the Westin Stamford or the UOB building, or if City Hall were blown up with a car bomb. WHILE I can understand the pain and trauma Americans are going through, we need to realise that now is
      187 words
    • 73 23 I WAS appalled to learn that some Palestinians in Lebanon greeted news of the terrorist attacks on the United States with jubilant gunfire, dancing and cheering. I am no great supporter of America but is this any way to behave when innocent blood has been shed
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  • 573 24  -  In addition to improving efforts to help the unemployed get back to work, it will also consider the plight of older workers AHMAD OSMAN LABOUR CORRESPONDENT A NATIONAL task force has been set up to co-ordinate and improve efforts to help workers who have
    573 words
  • 138 24 THE GOLDEN GIRLS AND BOY THE GOLDEN GIRLS AND BOY: Histoy was made at the Bukit Jalil pool this week when Singapore youths smashed records and took gold medals at the SEA Games in Malaysia. On Monday, Nicolette Teo (left), 15, clocked lmin 12.645ec in the 100 metres breaststroke to
    HOPANCYEW; AP; SIM  -  138 words