The Straits Times : Weekly Overseas Edition, 8 December 2001
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2001-12-08
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-12-08 1 The Straits Times Weekly Edition Saturday, December 8, 2001 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA 304/03/200119 words
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Article, Illustration843 2001-12-08 1 IGNATIUS LOW - No-holds-barred study to be completed in nine months, but initial proposals will be in time for next year’s Budget IGNATIUS LOW FINANCE CORRESPONDENT THE Government took a first step towards “remaking” Singapore on Monday, as it kicked off a highly anticipated, no-holds-barred review of theMain photo: ZAOBAO; Design: CHRISTIAN INTON - 843 words
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Article154 2001-12-08 1 THE widely-anticipated National Wages Council report will be made public by the end of this week, said Manpower Minister Lee Boon Yang on Tuesday. But he remained tight-lipped about the proposals that the council recommended. The report has been submitted to the Government for consideration.154 words
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Page 1 Advertisements
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Advertisement61 2001-12-08 1 Annie leong murdertrial Hubby Found Guilty Anthony Ler, 34, is to be hanged for the murder of his estranged wife; teenager who killed at Ler’s instigation will be detained indefinitely. page 3 Abodeoffine brains The Scholars' Block Block 27 in Dover Crescent has thrown up no fewer than 16 young61 words
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PRIME
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Article554 2001-12-08 2 SUSAN LONG - In letter spelling out prudent conduct, he warns that any slackening of standards will erode people's faith in the Government By SUSAN LONG POLITICAL CORRESPONDENT PRIME Minister Goh Chok Tong has spelt out several “rules of prudence” that he expects all People’s Action554 words
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491 2001-12-08 2 SALMA KHALIK - By SALMA KHALIK HEALTH CORRESPONDENT ELDERSHIELD, the low-cost national insurance plan to help older people who become disabled, will start next September. Central Provident Fund (CPF) members who are between 40 and 69 years old will be covered automatically under this plan, unless they491 words
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Article, Illustration354 2001-12-08 2 DENESH DIVYANATHAN - By By DENESH DIVYANATHAN CHEERED on by thousands of hopeful spectators, the Singapore River roared back to life yesterday as 100,000 rubber ducks took to the water in a sea of yellow and red and “swam” their hearts out for charity. Some of the spectators at354 words
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MURDER OF ANNIE LEONG – THE JUDGMENT
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Article, Illustration779 2001-12-08 3 ALETHEA LIM - He gets death penalty for plotting, training a 15-year-old to commit murder, cajoling and then forcing him to carry it out By, ALETHEA LIM COURT CORRESPONDENT ANTHONY Ler will hang for masterminding the murder of his estranged wife, insurance agent Annie Leong. The 15-year-old boy whom he779 words
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Article, Illustration289 2001-12-08 3 ALETHEA LIM; and NATALIE SOH - By ALETHEA LIM and NATALIE SOH BY NOW, he is the most infamous teenager in Singapore, guilty of a brutal premeditated murder even before he can legally drive a car, drink alcohol or smoke a cigarette. But few know his name or face except289 words
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Article, Illustration642 2001-12-08 3 EUNICE LAU - BIL EUNICE LAU MADAM Annie Leong was a simple housewife who became a confident career woman in the three years when she was separated from her husband, Anthony Ler. She was making plans for a fresh start as a single mother for her four-year-old daughter642 words
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HOME
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344 2001-12-08 4 TAN TARN HOW - §IL TAN TARN HOW CALL them the busy helpers, if you will. They want to pitch in to help society but only if the work is interesting or fits in with their hectic schedules. They are Singapore’s “new volunteers”, and344 words
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Article, Illustration834 2001-12-08 4 OO GIN LEE - A slsb plan will transform the place into ‘one-north’ a hip new R&D hub where people can live, work, learn and play in By OO GIN LEE TECHNOLOGY CORRESPONDENT THE sleepy wooded areas around Buona Vista will be developed over the next twoSource: JTC; Graphic: JALF.HA HASHIM; Photo: STEPHANIE YEOW - 834 words
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Article, Illustration630 2001-12-08 5 SIM CHI YIN - Old fridge makes her day after over a year's wait Some 200 items have been donated to new online charity Erogramme which brings used ousehold items to the needy «a. SIM CHI YIN MADAM Ong 800 Sah cannot stop peeking inside the secondhand refrigerator sitting proud- ly in a comer630 words
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433 2001-12-08 5 STEVE DAWSON - Ĕ<L STEVE DAWSON SINGAPOREANS appear to be shying away from the prospect of starting new businesses, going by the results of a survey which ranked Singapore 27th among 29 countries in terms of entrepreneurial activity. The survey found that as little as 5 per433 words
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Article476 2001-12-08 6 LORNA TAN - BBR Holdings quits after losses of about $21.5 million, but LTA says Sengkang, Punggol LRT projects are not affected BIL LORNA TAN CONSTRUCTION company BBR Holdings has quit as a subcontractor for the light rapid transit (LRT) projects in Sengkang and Punggol after racking476 words
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Article, Illustration536 2001-12-08 6 LAURELTEO - *L LAURELTEO BLOCK 27 in Dover Crescent may look like any other Housing Board block, but the deceptively ordinary building is a breeding ground for some of the country’s finest brains. Over the years, it has thrown up no fewer than536 words
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Article, Illustration575 2001-12-08 7 CHAN KAY MIN - Spore scientist sets up firm to develop and market geneticallymodified mouse created to test effects of drugs on brain By CHAN KAY MIN A SINGAPORE scientist has set up a company to develop and market a genetically-modi-fied mouse he patented withSTEPHANIE YEOW - 575 words
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Article, Illustration487 2001-12-08 7 CHAN TSE CHUEEN - §ul CHAN TSE CHUEEN JUDOKA Cheryl Goh has been offered a place at the Singapore Management University, eight months after her initial application was rejected. The 21-year-old polytechnic graduate was offered a place after an interview last Friday. But she will have toDESMOND WEE - 487 words
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Article, Illustration781 2001-12-08 8 Taking bold steps, tackling cultural attitudes and attempting to make some major shifts. Here are edited excerpts of some of the pledges made by members of the Economic Review Committee chaired by Deputy Prime Minister Lee Hsien Loong IN PROMOTING entrepreneurship and aLIANHE ZAOBAO - 781 words
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Page 8 Miscellaneous
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Miscellaneous1062 2001-12-08 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 Word1,062 words
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SPORTS
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Article, Illustration768 2001-12-08 9 WILFRED YEO - Brazilian soccer legend can’t get enough of webcnat with 500 fans VISIT TO SINGAPORE By WILFRED YEO ASSISTANT TO EDITOR (SPORTS) IN THE unlikely event that he runs out of a job, Pele should consider a diplomatic posting with the United Nations. And heSTEPHANIE YEOW - 768 words
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Article216 2001-12-08 9 CHAN TAU CHOU - MARATHON By. CHAN TAU CHOU PROBLEMS with plane tickets caused Ethiopia’s runners to be among the last for the Singapore Exxon Mobil International Marathon to arrive last Friday. But the lack of time to acclimatise did not stop Tadesse Hailemariam and Worknesh Tolla from being the216 words
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Article, Illustration372 2001-12-08 9 CHAN TSE CHUEEN - SPORTSPEOPLE *L CHAN TSE CHUEEN GIN Wee Kit, 71, loves ice skating. Still, the grandmother of eight needed a bit of persuading to put on her bright-pink costume and size-four skates for last weekend’s Skate Singapore at Fuji Ice Palace. But “Dr Gin”, as the medical doctorALAN LIM - 372 words
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MALAYSIA
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Article, Illustration352 2001-12-08 10 KUALA LUMPUR A mathematics teacher who left the classroom for the five-foot-way 14 years ago has been invited to share his unusual teaching methods with local and overseas universities. Mr Abdul Halim Bistaman, 46, “lectures” passers-by at the central market’s cultural centre in KualaMETROAHAD - 352 words
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376 2001-12-08 10 LESLIE LAU - By LESLIE LAU IN KUALA LUMPUR MALAYSIA’S civil service union has agreed to a controversial “good conduct” pledge to curb anti-government activities and curtail political influence in decision-making. The Congress of Unions in the Public and Civil Services (Cuepacs), which represents more than 600,000376 words
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582 2001-12-08 10 BRENDAN PEREIRA - There is selective spending but job confidence is low. It is likely recession will be worse this time By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR The economic slowdown wears two different faces in Malaysia. It is the look of despair for582 words
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SOUTH-EAST ASIA
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Article, Illustration656 2001-12-08 11 DEVI ASMARAM RAITQ TIMES - By DEVI ASMARAM RAITQ TIMES STRAITS TIMES INDONESIA BUREAU JAKARTA Fugitive Hutomo “Tommy” Mandala Putra evaded capture with help from several beautiful women, including a top model and a stunning actress, the authorities here said. Police investigations and phone conversations taped by detectives revealed that the656 words
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333 2001-12-08 11 DEVI ASMARANI - By DEVI ASMARANI STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesian police yesterday said they were looking into allegations that former president Abdurrahman Wahid had cut a 15-bil-lion-rupiah (Ss3 million) deal with Hutomo “Tommy” Mandala Putra last year after he was convicted of graft.333 words
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603 2001-12-08 11 SUSAN SIM - Audit says there is overwhelming evidence the rich can buy their own brand of justice and their payoffs prop up the system By SUSAN SIM INDONESIA CORRESPONDENT JAKARTA Entry fee one million rupiah (S$180). Bring your own pens, legal pads, computer and mobile phone.603 words
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COMMENT
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Article619 2001-12-08 12 FRIDAY December 7,2001 THE war in Afghanistan is going well. The Taleban is on its last legs, barely hanging on in Kandahar, its last stronghold; and it seems only a matter of time before Osama bin Laden, the suspected terrorist mastermind, is either captured or killed.619 words
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Article601 2001-12-08 12 MONDAY December 3,2001 IS THE American economy recovering, or is it settling into a prolonged recession? The latest data lend support to both scenarios. On the one hand, jobless claims jumped 54,000 to 488,000 a week ago, about 40,000 more than expected. Consumer confidence remains weak, bank601 words
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1026 2001-12-08 12 HCHUALEE HOONG - SATURDAY WITH HCHUALEE HOONG AT LAST, we know who is on the Economic Review Committee, its target work-completion date, and the issues it will be looking at. Alas, however, we also know or, at least, that was the indication what it will not be1,026 words
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COMMENT/PERSPECTIVE
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Article, Illustration927 2001-12-08 13 TAN TARN HOW - MY VIEW B,j TAN TARN HOW HOW long will they last? After their maiden speeches to the People’s Action Party faithfuls two Sundays ago, some will no doubt wonder about the future of Mr Raymond Lim and Dr Vivian Balakrishnan. ThisLOH JAHAN - 927 words
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Article934 2001-12-08 13 With ASAD LATIF - HEART TO HEART With With ASAD LATIF IN THE 16th-century treatise called The Prince, Italian political theorist Niccolo Machiavelli spoke of the need for leaders to employ virtu manliness or ability to overcome fortuna, or chance. Writing four centuries later, Italian communist Antonio Gramsci commemorated934 words
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INSIGHT
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Article, Illustration1908 2001-12-08 14 In 1991, PAP’s loss of four seats was attributed to its neglect of the Chinese ground. In 1997, the Tang Liang Hong affair dominated the hustings. In the recent polls, no major issues emerged from the Chinese community. What happened? What accounts1,908 words
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1118 2001-12-08 14 ASAD LATIF - THINKING ALOUD Bj ASAD LATIF I RECEIVED an e-mail recently from a person who said that he was opening an East-West communication centre in Sweden. Mr Martin Enz, who uses poetry and dance to develop creative minds,1,118 words
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MONEY
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Article292 2001-12-08 16 From doom to boom almost STOCK markets across the region soared this week amid growing optimism about a much-awaited recovery in the technology sector that could see a boost in Asian exports by early next year. In Singapore, the benchmark Straits Times Index (STI) rose a hefty 150.26 points to292 words
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Article76 2001-12-08 16 Straits Times Index The Straits Times Index gained 150.26 points on the week to 1628.80. DAY CLOSE TURNOVER Monday 1494.28 (+15.74) 237.19m ($345.51m) Tuesday 1538.03 (+43.75) 412.27m ($660.61m) Wednesday 1593.19 (+55.16) 662.90m (Sl.llbil) Thursday 1618.12 (+24.93) 634.04m ($982.57m) Friday 1628.80 (+10.68) 264.68m ($579.77m) BT-SRI Index The BT-SRI76 words
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Article423 2001-12-08 16 IGNATIUS LOW; and HUGH CHOW - They clinch last two Qualifying Full Bank licences while applications by Bank of China, Amex Bank are rejected again By IGNATIUS LOW and HUGH CHOW FINANCE CORRESPONDENTS AFTER a two-year wait, two of Singapore’s most wellestablished foreign banks, HSBC and Maybank, have clinched the last423 words
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Article461 2001-12-08 16 Net earn EPS Date TY IY TY LY Company ann (Stn) <Sm) (cts| (ets) Airocean 30-Nov 1 1.785 2.746 0.47 0.72 Alkom 25-Nov 031.878 6.780 1.02 4.91 AP Brew 12-Nov P 95.561 50.768 37.8 20.1 AS Auto 06-Dec I 0.177 6.888 0.13 5.20 AV Jennings*** 28-Nov I 13.957461 words
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Article424 2001-12-08 16 Payment Ex (cts) date Books close Pay date Amtek 20c F 0.8TE 06-Dec 11-Dec 20-Dec AP Brew F 9N 04-Feb 07-Feb 21-Feb Asia Dekor HK15c F RMB3TA23-Oct 26-Oct 10-Dec Asia Power 5c F 0.75TE 06-Dec 11-Dec 20-Dec Aussino.com 2.5c F 0.82 29-Nov 04-Dec 18-Dec Australand A50c m A3n424 words
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Article169 2001-12-08 16 BONUS ISSUE Company Ratio Exdate Books close Acc Paymt Chosen one-for-five 05-Dec 10-Dec NA HTL Intnl one-for-two 10-Dec 13-Dec NA IRE Corp one-for-four 13-Nov 19-Nov NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt GES Intnl one-for-five@S0.30 27-Nov 30-Nov NA l-One.Net one-for-two @$0.05 23-Oct 26-Oct NA OTHERS169 words
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Article209 2001-12-08 16 Company Place Date Time Sunright A Ocean 6, Level 2 The Pan Pacific Hotel 7 Raffles Boulevard Marina Square 31-Dec 10.30arr Tianjin Zhong Xin E Level 21 Jin wan Mansion 358 Nanjing Road Nankai District Tianjin The People's Republic Of China. 28-Dec 9.00am Pakara Tech E 16 Col209 words
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687 2001-12-08 16 Stock Trans Date Subsantiai Shareholder/ Director Buy Sell Conv No of Shares '000 Price Per ShrS Before i'OOO) Shareholding After ('000) Hong Lai Huat 29-Nov-01 Ong Bee Huat Buy 30 0.18 ***** 51.1 ***** 51.1 Nera Tel 28-Nov-OI Nera ASA Buy ***** 0.66 *****4 39.2 *****4 42.0687 words
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Article2110 2001-12-08 17 UNIT TRUSTS FUNDS 1 UNIT TRUSTS ABN Amro Asset Mgt (S'pore) Star Asian Tiger Eqty 0 764/ Star Asia Balanced 0.871/ Star Global Technology Fund 0.347/ Star Bhv Finance Japan Fund!** 0 866/ AIB Govett (Asia) Ltd. Govett Asia Pac Growth 1.049/1.102 Govett Global Brands 1.221/1.283 AIG Investment Corporation (S)2,110 words
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Article110 2001-12-08 17 Foreign Currency Note Rates (9am, Dec 7) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9400 0.9630 Canadian dollar 1.1500 1.1750 NZ dollar 0.7550 0.7720 Sterling pound 2.5970 2.6250 US dollar 1.8230 1.8350 Singapore dollars to 100 units of foreign currency Chinese renminbi 22.20110 words
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Article5025 2001-12-08 18 Transaction date: Dec 7,***** MULTI INDUSTRY 52*Wk Currency last High lev Company Traded Sate ♦er* ’Vol '000 High Day Law Gr's Div% Net P/E M Cap $mii iff 92.2 8 c Acma 50c 10 +0.5 2893 10 9 0.5 4.1 78.1 9 41 6 c5,025 words
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Article1301 2001-12-08 19 52-Wk Currency last Higfa Low Company Traded Sale ♦or'Vol 000 Day Low Gr*s Dtv% Net P/E M Cap Sort Wt Avg Price MANUFACTURING 40.5 12 CAP Oil 5c 17.5 unch 80 18 17.5 4.5 15.4 17 168 27.5 c AS Auto 10c 43 •1 1016 43.5 42 10N1,301 words
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Article242 2001-12-08 19 FINANCE 52-Wk High Low Company Currency last TraM Sale «er'Vol Day Ci^s 000 Higti Low Dhr Net M Cap P/E $aai Wt Avq Price ***** 9210 s Diamonds US*****cd +330 ***** ***** 6890 3830 s IS DJ US Tech US5520cd 555 440 s IS MSCI Spore US450cd *****242 words
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Article164 2001-12-08 19 Transaction date: Dec 7,2001 52-Wk High Low Curr Last Company Traded Sale Voi ♦or•ooo Day High Low Gross dlv Net P/E M Cap $mil HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung Kong50c... HK1780 240 3 *****.5 68 5 Citye Solutions Lt HK45 2 44.6 172.4164 words
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Is this the start of recovery?
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Article400 2001-12-08 20 N ARENDRA AGGARWAL - Increase in new orders, however, fails to prevent purchasing managers index sliding to 45.9% last month By By N ARENDRA AGGARWAL ECONOMICS CORRESPONDENT NEW export orders for electronics expanded for the second straight month in November, raising hopes that a restoration in the global demand for400 words
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Article354 2001-12-08 20 FELISA BATACAN - By FELISA BATACAN PROPERTY REPORTER THE property market is abuzz with activity as more developers launch their projects in the run-up to the festive yearend, but experts say it may be too early to talk about a recovery. Recent launches have seen an enthusiastic response. Keppel Land354 words
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Article, Illustration484 2001-12-08 20 IGNATIUS LOW - Only disciplinary action taken against SGX member firms after Sept 1 will be publicised. Two lists of offenders will be carried one each for the SGX’s securities and derivatives markets By IGNATIUS LOW FINANCE CORRESPONDENT PUBLIC shaming is a new risk that484 words
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Page 21 Advertisements
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Advertisement993 2001-12-08 21 -V y q The Straits Times Weekly Edition I I z-rim Elizabeth Arden HR ■E wmmm w*& s»pfe®« Sills 1 Pfeose send a detailed resume, a aon-fetwnab^t-^tioto^^»>!»Si-»:-Human Resource Elizabeth Arden (Singapore) PteLtd 390 Orchard Road #l4-00 Palah Renaissance Singapore 2388? Closing dote: St Please note that only shortfcteo candidates will993 words
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Page 22 Advertisements
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Advertisement1294 2001-12-08 22 1 IBB %s. ivt? I and ras General m H Research Scientist (1-year Contract) You will be involved in a project on roboiic biopsy of the prostate. This is a research project funded by the National Medical Research Council (NMRC), and is a collaboration between the Urology Department of Singapore1,294 words
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FORUM
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Article, Illustration136 2001-12-08 23 ALLOW me to share this experience with others so as to save them hundreds of dollars during these difficult times. When I got my Ml bill recently, I was shocked to be billed more than $7OO for my son’s SMS chat. He joined the136 words
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Article168 2001-12-08 23 I REFER to the letter, “Floored by $7OO SMS chat billing” (ST, Dec 4), by Mr Richard Kang. Contrary to Mr Kang’s assertion, our ads on Ml Chat SMS, or short message service, clearly explain the charges for the service. The following line, which is self-explanatory,168 words
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Article227 2001-12-08 23 IT SEEMS that new, and mostly controversial, issues surrounding Singapore’s telcos crop up every day. As such, while I sympathise with Mr Richard Kang and his son’s hefty $7OO bill incurred on the Ml Chat SMS (“Floored by $7OO SMS chat billing”; ST, Dec227 words
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627 2001-12-08 23 Is it so impossible to factor a national athlete’s sports achievements into university admission criteria? I REFER to the letters, “Create varsity sports scholars’ programme” (ST, Nov 22) and “Judoka didn’t meet universities’ criteria” (ST, Nov 29). There is more to be discerned from what627 words
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262 2001-12-08 23 I REFER to the article, “My guitar gently weeps” (The Sunday Times, Dec 2). The article attributes the “sobering death” of former Beatle George Harrison to brain cancer. In fact, what is most sobering about Harrison’s demise is that it was caused262 words
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429 2001-12-08 24 SANDRA DAVIE - Move will see inclusion of degrees that will be in demand, ana increase in number of students to 7,000 in three years SANDRA DAVIE EDUCATION CORRESPONDENT LIKE Singapore’s brick and mortar universities, the Open University Degree Programme is gearing up for the new429 words
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Article, Illustration702 2001-12-08 24 PAULINE LEONG - Same name Similar face. He’s got a problem with... BIL PAULINE LEONG WHEN university lecturer Koh Seng Kee saw a Straits Times report on Nov 23 about a former pastor on trial for molesting a woman, he did a double take. Not only did he and the accusedTHOMAS WHITE - 702 words