The Straits Times : Weekly Overseas Edition, 15 December 2001
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2001-12-15
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-12-15 1 The Straits Times Weekly Edition Saturday, December 15, 2001 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA 304/*****0119 words
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Article, Illustration621 2001-12-15 1 G. SIYAKKUMAKAN - Figure set to swell as a new cohort of university and polytechnic students is due to complete their courses soon *L G. SIYAKKUMAKAN THEY have degrees and diplomas. But no jobs. Some 16,500 Singaporeans with tertiary education were jobless in September, and their ranks are621 words
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Page 1 Advertisements
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Advertisement52 2001-12-15 1 Married 51 years, she wants out Mother of four seeks divorce, saying she’s had enough of millionaire husband’s womanising and unreasonable behaviour. page e Crime Ex-pastor gets jail, cane A ‘strange’ omission and inconsistencies in former church leader’s testimony led him to be found guilty of molesting a 21-year-old woman.52 words
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PRIME
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602 2001-12-15 2 LESLIE KOH - Slash salaries only after other measures fail, and have top bosses lead the way, recommends National Wages Council Bn LESLIE KOH EMPLOYERS have been given the official green light to freeze or cut wages but only if the company is doing very602 words
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Article, Illustration419 2001-12-15 2 WONG FEI WAN - Bn WONG FEI WAN IF KOH Seng Kee had wanted to help the 21-year-old woman he approached along Orchard Road, he would have said he was a pastor. He did not. That “strange” omission, plus other inconsistencies in his testimony during his trial forTANSUANANN - 419 words
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252 2001-12-15 2 THE Government on Sunday accepted the National Wages Council’s (NWC) revised guidelines, which call for tough measures to control wage cost for next year. In a statement on Sunday, the Government said: “In view of the worsening economic conditions and continued uncertainty in the year ahead,252 words
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386 2001-12-15 2 SUSAN LONG - Bn SUSAN LONG DON’T keep workers and unions in the dark. Instead, share information about companies’ performance and prospects openly and let them know what to expect, the National Trades Union Congress (NTUC) urged employers last Saturday. Union chiefs called for greater transparency386 words
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Article, Illustration208 2001-12-15 3 A FOOTBALL autographed by soccer legend Pele and put up for auction to raise funds for charity is going, going, gone for $7,007 to Pele fan Steven Seah. Mr Seah, a 47-year-old businessman, said he bought the ball for charity and out of hisLIM SIN THAI - 208 words
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483 2001-12-15 3 NATALIE SOH - *L NATALIE SOH CASH-STRAPPED shoppers got some good news on Tuesday, when NTUC Fair Price announced it would be making even deeper price cuts for 200 items and adding another 200 to its discount list from January. The price cuts will last until483 words
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Article416 2001-12-15 3 LESLIE KOH - From June, boats will ply the Singapore River daily From near Kim Seng Road, to Clifford Pier, with 18 landing points ĔL LESLIE KOH STARTING next June, you can cruise past the traffic jams to town, sailing round the usual Electronic Road Pricing gantries416 words
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HOME
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322 2001-12-15 4 GOT any Italian lira, Greek drachma or French franc left over from that big European holiday? With the changeover to euro notes and coins on Jan 1, 2002, Singaporeans should convert any European banknotes they are holding by the end of322 words
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Article, Illustration545 2001-12-15 4 Plug pulled on Asian Xtour event after 14-year-old Montfort Sec student died practising stunt last Friday A 14-YEAR-OLD boy died last Friday after falling while attempting a bicycle stunt during an extreme-sports competition, and the police cancelled the licence for the eventCHEW SENG KIM - 545 words
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590 2001-12-15 4 PRIVATE tutor Mark Astill taught children English in his Woodlands flat, but ended up molesting two little girls, a district court heard on Monday. Astill, 37, a married man and father of two, molested them eight times between August last year and March590 words
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Article, Illustration398 2001-12-15 5 NATALIE SOH - §1 NATALIE SOH FOR the best results in hip-re-placement surgery, surgeons have to get a snug fit for the ball and socket joint. Instead of relying only on their skill to get it right, surgeons may soon have a new high-tech aid.THOMAS WHITE - 398 words
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Article, Illustration335 2001-12-15 5 SHARMILPAL KAUR - §1 SHARMILPAL KAUR A SINGAPORE doctor has been given an award by a United States organisation for his research paper on the diagnosis and treatment of leukaemia in children. Dr Allen Yeoh, 36, an associate professor in paediatrics at the National University of335 words
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639 2001-12-15 5 TAN OOIROON - CJ to lawyers: Be brief or pay for it They will be charged $lO a page if they submit over 150 in their main bundle of arguments a move meant to save time By TAN OOIROON ASSISTANT NEWS EDITOK LONG-WINDED and disorganised lawyers who like to submit a mountain of639 words
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Article, Illustration1354 2001-12-15 6 Mother of four seeks divorce, saying she's had enough of husband's womanising and unreasonable behaviour. Millionaire, 71, fights back by contesting the move. Court correspondent ALETHEA LIM reports SHE SAYS: THE wife of a wealthy property developer has accused him of being a “serial womaniser”PICTURES: LIM SIN THAI - 1,354 words
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449 2001-12-15 7 OO GIN LEE - Between $75,000 and $300,000 will be given to each of these companies nine of them in the infocomm industry *L OO GIN LEE TEN start-up companies will be given government funding of between $75,000 and $300,000 each to help them kick-start their business449 words
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Article, Illustration325 2001-12-15 7 A LOCAL company skipped Singapore and went straight to Japan. Now its special computer plug-in cards, that enable computer buffs to record television programmes onto the hard-disk drives of computers, are selling like hot cakes there. Mr Koh Hee Chang, chief executive officer of VidzMedia,ALANLIM - 325 words
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Article, Illustration254 2001-12-15 7 K.C. VIJAYAN - By K.C. VIJAYAN AT 62, he could do 22 sit-ups in one minute, dash 40 m in less than 12 seconds and run more than 2 km in about 14 minutes, do two chin-ups and leap almost 2 m. And he could do them254 words
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520 2001-12-15 8 SHARMILPAL KAUR - The war is on against these raucous scavengers, to reduce the total to a tenth of the 98,000 or so now in Singapore Bi/ SHARMILPAL KAUR A WAR against crows is looming. The battle plan is to decimate the numbers of these raucous520 words
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Article, Illustration146 2001-12-15 8 JANET HO - *IL JANET HO FANN Wong is well on her way to starring in her first Hollywood movie, in a role opposite Jackie Chan in the sequel to his comedy western, Shanghai Noon. The movie made U 5595.5 million (Ssl76 million) worldwide last year. A spokesman146 words
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Page 8 Miscellaneous
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Miscellaneous1061 2001-12-15 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, Illustration779 2001-12-15 9 CHAN TSE CHUEEN - Club surviving on its savings; its monthly costs now exceed its income by about $5,000 SWIMMING *!L CHAN TSE CHUEEN IT ONCE gave the mighty Chinese Swimming Club a run for its money in producing national swimmers. But the People’s Association Youth Swimming779 words
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527 2001-12-15 9 MARC LIM - S-LEAGUE SOCCER *L MARC LIM THE Football Association of Singapore will go on an austerity drive next year. Among the measures it will implement or has implemented are a wage freeze for staff, who will also not receive bonuses this year, the cancellation of527 words
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MALAYSIA
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564 2001-12-15 10 BRENDAN PEREIRA - Students will tape lectures as evidence against academic staff who allegedly criticise the govt Bi j BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Some undergraduates will start taping their lectures soon but not for revision purposes. They will help Malaysia’s ruling party564 words
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Article, Illustration94 2001-12-15 10 A BRIDGE TOO TEMPTING! The impatience of a 10-tonne-lorry driver caused this bridge in Sabah to collapse, destroying a major link for hundreds of villagers in the interior districts of Ranau and Tambunan. The driver of the fertiliser-laden vehicle had tried to make an illegal crossingTHE STAR - 94 words
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Article, Illustration213 2001-12-15 10 LESLIE LAU - By LESLIE LAU IN KUALA LUMPUR MALAYSIANS celebrated the election on Wednesday of its 12th king, the Sandhursttrained Tuanku Syed Sirajuddin Syed Putra Jamalullail, who is also the Raja of Perlis. The country’s nine Malay rulers gathered at the National Palace here on213 words
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391 2001-12-15 10 MOHAMAD Rozi Abdullah says he reached the end of his tether when his wife refused to agree to his demand for divorce. When she refused to talk to him over the phone, he sent a short message service (SMS) message via his391 words
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SOUTH-EAST ASIA
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430 2001-12-15 11 LUZ BAGUIORO - By LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA Massive traffic jams have long been a source of frustration for commuters in the Philippine capital. Now, they have become a turn-off for potential investors as well. “It’s one of the things that raises the cost of doing430 words
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Article, Illustration40 2001-12-15 11 DOLLED UP WITH BONES: Thai artist Chalermpol Deepoon makes a “skeleton doll” from chicken bones collected from his mother’s Bangkok restaurant. He has been collecting animal bones and shaping them into dolls for two years. REUTERSREUTERS - 40 words
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328 2001-12-15 11 BANGKOK Thais are losing touch with their own language because of a teaching method imposed in 1995 that emphasises communicative skills but has failed to help children read or write Thai properly. Concerns over the students’ poor spelling and usage of Thai328 words
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431 2001-12-15 11 MARIANNE KEARNEY - Indonesians will be travelling during the festive season, and they are prime targets for hijackers ana highway robbers By MARIANNE KEARNEY STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesian police have deployed hundreds of snipers in hijack-prone parts of Indonesia to protect private cars and public431 words
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COMMENT
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Article594 2001-12-15 12 TUESDAY December 11, 2001 SENTOSA Development Corporation’s (SDC) managers and the Singapore Tourism Board (STB) cannot be pleased at the downbeat tone of media reports and letters lately on the island’s fading charm. Fantasy Island, an attraction well-patronised in the beginning, has closed. The Asian Village never594 words
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Article625 2001-12-15 12 THURSDAY December 13,2001 THE United States Federal Reserve Board cut short-term rates again on Tuesday, the 11th time it has done so this year. The benchmark federal funds rate the rate banks charge each other on the overnight money market was 6.5 per cent on Jan625 words
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1080 2001-12-15 12 With CHUA LEE HOONC - SATURDAY With CHUA LEE HOONC I WAS in Kuala Lumpur over the weekend and what did I come across? A stage play that included the most stinging criticism of the so-called yes-men in Singapore’s ruling People’s Action Party I have ever encountered. Correction.1,080 words
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COMMENT/PERSPECTIVE
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Article, Illustration985 2001-12-15 13 to BERTHA HENSON - MY VIEW to BERTHA HENSON THE Prime Minister’s suggestion that doctors-turned-office bearers keep their medical skills current by practising several mornings a week came as a bit of a surprise. Eh? A minister of state moonlighting as a surgeon? But then again, MrLOH JAHAN - 985 words
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Article1128 2001-12-15 13 3j ASAD LATIF - HEART TO HEART By 3j ASAD LATIF THE recession, which is giving Singapore the opportunity to re-evaluate the policies behind its economic success, also provides Singaporeans a pause during which they can re-ex-amine what this country means to them. Singapore is predicated on the1,128 words
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INSIGHT
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Article, Illustration1819 2001-12-15 14 Elitism in the education system loomed as one of the issues in the last General Election. Our senior correspondent M. NIRMALA examines the trend and its implications MR SNG Chern Wei, now 30, hit the headlines in 1990 when he was pickedNOEL ROSALES - 1,819 words
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Article, Illustration1184 2001-12-15 15 ASAD LATIF - THINKING ALOUD ASAD LATIF I AM happy for judoka Cheryl Goh. In offering her a place, the Singapore Management University has made it possible for her to remain here to continue her training with her coach while she pursues her academic ambitions. Had Cheryl1,184 words
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MONEY
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291 2001-12-15 16 THE week saw Singapore shares consolidating following the furious gains made over the six preceding consecutive sessions. Bank counters were hit especially hard as investors judged previous price gains to have overshot fundamentals. The benchmark Straits Times Index fell 70.35 points on the week291 words
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Article402 2001-12-15 16 WILLIAM CHOO. NG - It will retain influence over strategic projects, invest in high-risk growth sectors and nurture firms with potential *L WILLIAM CHOO.NG TEMASEK Holdings is sharpening its focus for the next five years and will concentrate on three key tasks, said its chairman, Mr S.402 words
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Article469 2001-12-15 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY (tts) LY (Cts) Addvalue Tech 13-Dec I 0.057 0.438 0.01 0.12 Airocean Grp 30-Nov l 1.785 2.746 0.47 0.72 Alexandra Hldqs 29-Nov 1 1718.014 149.282L 0.057 0.0051 AS Auto 06-Dec I 0.177 6.888 0.13 5.2 Asia Dekor469 words
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Article376 2001-12-15 16 Payment (cts) Ex date Books dose F 0.8TE 06-Dec 11-Dec 20-Dec F 9N 04-Feb 07-Feb 21-Feb F 0.75TE 06-Dec 11-Dec 20-Dec F 0.82 29-Nov 04-Dec 18-Dec m A3n 05-Dec 10-Dec 21-Dec AVJennings A25c 1 1.5n 04-Dec 07-Dec 20Dec b 0.245 05-Dec 10-Dec 21-Dec F 2N 01-Feb 06-Feb 20-Feb376 words
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Article76 2001-12-15 16 Straits Tines Index The Straits Times Index dropped 70.35 points on the week to 1558.45. DAY CLOSE TURNOVER Monday 1616.36 (-12.44) 273.699 ($479.821m) Tuesday 1602.82 (-13.54) 325.958 ($507.472m) Wednesday 1594.59 8.23) 392.416 ($467.110m) Thursday 1569.73 (-24.86) 311.866 ($522.671m) Friday 1558.45 (-11.28) 306.643 ($401.393m) BT-SRI Index The BT-SRI76 words
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Article157 2001-12-15 16 BONUS ISSUE ExBooks Acc Company Ratio date dose Paymt HTL Intnl one-for-two 10-Dec 13-Dec NA Chosen one-for-five 05-Dec 10-Dec NA IRE Corp one-for-four 13-Nov 19-Nov NA RIGHTS ISSUE ExBooks ACC ft Company Ratio date dose Paymt GES Intnl one-for-fi ve® $0.30 27-Nov 30-Nov NA OTHERS ExBooks ACC Company157 words
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Article216 2001-12-15 16 Company Place Date Time Internet Tech E 10 Changi South Lane #07-01 04-Jan 6.00pm SPH Asiaone A 82 Genting Lane Mews Centre 03-Jan 10.30arr Sunright A Ocean 6, Level 2 The Pan Pacific Hotel 7 Raffles Boulevard Marina Square 31-Dec 10.30am Panpac Media E 371 Beach Road #03-18216 words
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652 2001-12-15 16 Stock Frans Date Subsantlal Shareholder/ Director Com Hoof Shares '000 Price Per She S Shareholding Before After C000) S ('000) Cosco Invest 12-Dec-01 Wang Jun Buy 110 0.20 185 0.0 295 0.1 Lum Chanq Hldqs 12-Dec-01 Peter Sim Swee Yam Buy 10 0.29 0 0.0 10 0.0652 words
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Article2178 2001-12-15 17 UNIT TRUSTS FUNDS 1 UNIT TRUSTS ABN Amro Asset Mgt (S'pore) Star Global Technology Fund 0.32/ Star Bhv Finance Japan Fund!** 0.82/ AIB Govett (Asia) Ltd. Govett Asia Pac Growth 1.027/1.079 Govett Global Brands 1.193/1.253 AIG Investment Corporation (S) Ltd AIGIF Money Market SGD 1.*****/1.***** AIGIF Money Market USD 1.*****/1.*****2,178 words
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Article125 2001-12-15 17 Foreign Currency Note Rates (9am, Dec 14) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9410 0.9630 Canadian dollar 1.1550 1.1790 NZ dollar 0.7570 0.7730 Sterling pound 2.6250 2.6530 US dollar 1.8260 1.8370 Singapore dollars to 100 units of foreign currency Chinese renminbi 22.20125 words
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Article4939 2001-12-15 18 Transaction date: Dec 14,2001 MULTI INDUSTRY 52-Wk Currency last High Low Company Traded Sale ♦or'Vol 000 High Day Low Gr's Dhr Net P/E M Cap $mH Wt Avg Price 92.2 8 c Acma 50c .....10 +0.5 1504 10 9.5 0.5 4.1 78.1 10 41 64,939 words
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Article1233 2001-12-15 19 52-Wk Currency last High Low Company Traded Sale ♦or'Vol '000 High Day Low Cr's Drv Net P/E M Cap $mH Wt Avg Price MANUFACTURING 40.5 12 CAP Oil 5c 15.5 unch 5 15.5 15.5 4 13.6 16 168 27.5 c AS Auto 10c ...46 ♦1 2011 46.5 43.51,233 words
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Article235 2001-12-15 19 FINANCE 52-Wk High Low Company Currency last Traded Sale *or'Vol 000 Day Gr's High Low Div Net M Cap P/E $mil Wt Avg Price 6890 3830 s IS DJ US Tech. 555 440 s IS MSCI Spore ***** 9870 s IS S&P500 ***** 9950 s SPDRS US5460cd -200235 words
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Article161 2001-12-15 19 Transaction date: Dec 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 Kong50c HK1780 240 3 *****.5 68 5 Citye Solutions Lt.. HK45 2 44.6 172.4161 words
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Article490 2001-12-15 20 SOH WEN LIN - Even as Shanghai project starts, Elans are afoot for resort omes in Kunming near its Spring City development By SOH WEN LIN IN SHANGHAI KEPPEL Land (KepLand) is getting more involved in China’s property scene. Even as it broke ground on Monday on its490 words
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510 2001-12-15 20 EDNA KOH - By EDNA KOH FINANCE CORRESPONDENT SINGAPORE’S three locally listed banks may now see greater opportunities in China after the Asian giant formally announced on Wednesday that it was opening up its US$56O billion (551.03 trillion) capital markets510 words
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Article, Illustration69 2001-12-15 20 AP ON STRIKE Thousands of workers at banks across Australia launched a 24-hour strike on Thursday to protest against increasing workloads and fears about job security, but most branches remained open. ANZ, Westpac and National Austraba Banks said the strike had little impact on operations, while Commonwealth BankAP; AFP - 69 words
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450 2001-12-15 20 NICHOLAS FANG - Bu NICHOLAS FANG PROPERTY stocks have had a disappointing run over the past 10 years, due largely to the implementation of antispeculation policies in 1996 and the 1997 Asian economic crisis, experts at the National University of Singapore (NUS)450 words
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Page 21 Advertisements
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Advertisement814 2001-12-15 21 I i The Straits Times Weekly Edition •in" :V*l -W® The Heidelberg Group is the world leader in the manufacture of sheet-fed and web offset printing presses. Heidelberg supplies a complete range of printing solutions to the printing industry from a single source: from pre-press via press to post-press and814 words
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Page 22 Advertisements
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Advertisement1197 2001-12-15 22 ISp We also take great cane of our talented and valuable staff members. If you share an appreciation of our cultural heritage, help us to preserve it for future generations. mm K V K Your talent is still the most valuable item we can showcase.! Planning Executive/Assistant Manager (Strategic Planning1,197 words
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FORUM
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172 2001-12-15 23 Tragic though the death of a 14-year-old boy is at any time, one wonders whether cancelling the Asian Xtour biking event over the weekend was the right response. Assuming the event was approved and that parental consent had been given for172 words
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Article, Illustration125 2001-12-15 23 I REFER to the letter, “Was cancelling biking event the right thing to do?” (ST, Dec 11), by Mr James Purves. The licence for the event was valid from Dec 7 to 9- To facilitate investigations into the death of the 14-year-old youth, the police125 words
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378 2001-12-15 23 THE article, “Rethink ideas for selling the Singapore experience” (ST, Dec 13), gave me much food for thought. Experts in the retail, advertising and tourism industries had much to say about the urgent need to reinvent Singapore, to survive against increasing competition. Two378 words
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194 2001-12-15 23 WITH the increase in certificate of entitlement prices, the Government may wish to consider the temporary zero-rating of certain goods and services. Zero-rating means the goods and services tax (GST) is charged at zero per cent. This effectively means the GST is suspended on194 words
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122 2001-12-15 23 SINGAPORE is close to becoming a handicapped-friendly country. Facilities, such as ramps at the entrance of buildings and parking lots for the handicapped, are abundant. However, I am disturbed by the intolerance of many people towards the handicapped who need to use these facilities. The122 words
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Article, Illustration431 2001-12-15 24 SANDRA DAVIE - The pioneering students will work as interns and attend courses as first of five overseas colleges is set up by NUS By SANDRA DAVIE EDUCATION CORRESPONDENT NEXT month, 20 National University of Singapore (NUS) students will begin a year in Silicon Valley asLIM SIN THAI - 431 words
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281 2001-12-15 24 ALETHEALIM - Bl) ALETHEALIM ANTHONY Ler, 34, who masterminded a plot to kill his estranged wife, has filed an appeal against the death sentence meted out by the High Court last week. The 15-year-old boy who was instigated by Ler to murder Madam Annie Leong, 30,281 words
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487 2001-12-15 24 Sandra Davie - Sandra Davie INDEPENDENT school The Chinese High now wants more independence from the Education Ministry. The school in Bukit Timah has asked to go private so that it will have complete freedom to devise its own curriculum, hire university lecturers and business professionals487 words