The Straits Times : Weekly Overseas Edition, 22 December 2001
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2001-12-22
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The Straits Times : Weekly Overseas Edition
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Title Section19 2001-12-22 1 The Straits Times Weekly Edition Saturday, December 22, 2001 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA 304/03/200119 words
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478 2001-12-22 1 LYDIA LIM - Happy ending to save-the-beach efforts of nature lovers, as Government defers reclamation plan after consulting experts By] LYDIA LIM NATURE lovers are celebrating the Government’s decision to defer the reclamation of Tanjung Chek Jawa, thought to be Singapore’s last mud flat and home to478 words
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Article, Illustration350 2001-12-22 1 ONG SOR FERN - By* ONG SOR FERN WHAT does it take to please a Hollywood star? A long red carpet and more than a thousand screaming fans, it would seem. The gala premiere of Vanilla Sky on Tuesday night was a roaring success, literally. By 5.30 pm, a hugeWANC HUI FEN - 350 words
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Page 1 Advertisements
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Advertisement59 2001-12-22 1 Accident Crash After Crash After Crash Nine vehicles smashed into one another in a chain collision at the junction of Hill Street and River Valley Road. page 2 Sports Giving Charity A Spin The winning bid for a football autographed by soccer legend Pele was $7,007, but the event eventually59 words
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PRIME
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538 2001-12-22 2 SANDRA DAVIE - Couple’s online bookstore wins over American schools and parents who want their children to ace their maths exams Bt/i SANDRA DAVIE SINGAPORE mathematics is catching on in American schools and homes, with over 140 schools across the United States using maths textbooks that538 words
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Article460 2001-12-22 2 DOUBLE the audience and the number of arts events and competitions by 2010 to increase Singapore’s global profile. The National Arts Council (NAC) has set these as its intermediate targets for the next decade. Also in its sights are even longer-term goals, outlined by NAC460 words
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Article, Illustration84 2001-12-22 2 FIVE people were hurt, one seriously, in a nine-vehicle pile-up at the junction of Hill Street and River Valley Road mid-afternoon on Tuesday. A lorry, two buses, five cars and a van were involved in the accident (above), which happened at 2.45 pm. The lorry driver (left)Pictures: WONG MAYE-E - 84 words
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Article, Illustration336 2001-12-22 3 Section closed for North-East MRT Line work opens, as replacement is closed TRAFFIC is now flowing down the section of Orchard Road which has been closed for four years because of work on the North-East MRT Line. People coming out of Dhoby Ghaut MRT station toLIM YONG - 336 words
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Article, Illustration402 2001-12-22 3 WONG FEI WAN - By WONG FEI WAN FOUR friends visited the zoo and took home a souvenir: a frilled-neck lizard. Then, one of them advertised it for sale on the Internet, and that sealed their fate. On Wednesday, District Judge Victor Yeo sentenced Mohamed Jeffry Mansoor, 24,STEVEN LEE - 402 words
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358 2001-12-22 3 MUSLIMS and Christians will jointly celebrate Hari Raya Puasa and Christmas at a dinner to be attended by Catholic Archbishop Nicholas Chia and the Mufti of Singapore, Syed Isa Semait. The event, believed to be the first of its kind here, wall also be358 words
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HOME
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332 2001-12-22 4 GOH CHIN LIAN - 306 cases this year as of Wednesday and about 60 more are slated to do it today. Last year, the figure was 451 By GOH CHIN LIAN FEWER people did Corrective Work Order (CWO) this year, and the number of litterbugs being made332 words
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499 2001-12-22 4 EDNA KOH - By EDNA KOH FINANCE CORRESPONDENT FROM Jan 1, POSB customers will pay tax for the first time ever on the interest earned in their savings accounts. But the impact of the change will, for now, be minimal, said DBS Group Holdings on499 words
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Article, Illustration334 2001-12-22 4 JANE LEE - §IL JANE LEE AT 14, Vanessa Lee Siow Hui dropped out of school for a year. Now 17, she has bounced back and she is the top student in the N-level examinations this year. The St Anthony’s Canossian Secondary student found she scoredPICTURES: TERENCE TAN - 334 words
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Article, Illustration1105 2001-12-22 5 KARENWONG; and GOH CHIN LIAN - PAP chalks up nearly $1.82 million in expenses while opposition parties spent about $261,000 KARENWONG and GOH CHIN LIAN POLITICAL parties spent more than $2.08 million contesting the last General Election, the lion’s share of it by the People’s Action Party. ItTIEN CHUNG PING - 1,105 words
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366 2001-12-22 5 PAULA McCOY - Bill PAULA McCOY MOBILE-PHONE advertisements need to be more transparent, says the Advertising Standards Authority of Singapore (Asas) after receiving a series of complaints from angry consumers who claim they were misled. The authority has called for telecommunications companies, or telcos, to make366 words
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Article, Illustration537 2001-12-22 6 SIM CHI YIN - Mr Daniel Lim was flung out of a Volkswagen Caravelle as it flipped over in South Africa following tyre trouble §!L SIM CHI YIN THE only warning housewife Lim Luan Choo had before the road accident in which her husband died wasSTEPHANIE YEOW - 537 words
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Page 6 Miscellaneous
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Miscellaneous1055 2001-12-22 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 Word1,055 words
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SPORTS
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Article, Illustration506 2001-12-22 7 MARC LIM - »1L MARC LIM BUSINESSMAN Steven Seah may have won the bid for the football autographed by soccer legend Pele but it was The Straits Times School Pocket Money Fund that was the winner on Tuesday. Of the six unsuccessful biddersJAMES HODSON - 506 words
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469 2001-12-22 7 CHAN TAU CHOU - SB A has no specific targets for newcomers Alvin, Philip as it does not want to stress them out By* CHAN TAU CHOU THEY are talented and have just turned professional. Yet, no targets have been set for them at the Yonex Sunrise Singapore469 words
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499 2001-12-22 7 YEOH EN-LAI - *L YEOH EN-LAI TWO of Singapore’s newest ranges are driving the recession blues away, and have the competition worried too. Although the Asian Golf Academy at Bishan and the Queens Golf Range are barely three months old and would not divulge their revenue499 words
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MALAYSIA
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Article, Illustration238 2001-12-22 8 The Star/Asia News Network BUTTERWORTH Illegal tantalum diggers took advantage of the Hari Raya holidays to look for the semi-precious slag here, risking their lives and posing a danger to motorists and other road users. Armed with spades, hoes and even an excavator, they dug upThe Star/Asia News Network; THE STAR/ASIA NEWS NETWORK - 238 words
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631 2001-12-22 8 A teachers union says it will give details of the schools segregating students to the Education Minister in a week KUALA LUMPUR Malaysia’s largest teachers union released a list of schools found practising racial streaming while schools said the system was based on631 words
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254 2001-12-22 8 The Star/ Asia News Network JOHOR BARU The government will create more jobs with higher pay to attract Malaysian workers in Singapore to return to work in the country instead of imposing a levy to curb labour mobility. Human Resources MinisterThe Star/ Asia News Network - 254 words
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SOUTH-EAST ASIA
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Article, Illustration85 2001-12-22 9 EIGHTEEN doctors from the government and private sectors gave a press conference on Tuesday on the condition of former Indonesian President Suharto at Pertamina hospital in Jakarta. The group, part of the 56-strong team of physicians monitoring his health, says he has improved a bitAP - 85 words
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558 2001-12-22 9 ROBERT CO - Many Indonesians are outraged that Suharto’s detained son enjoys privileges not normally given to common criminals By ROBERT CO STRAITS TIMES INDONESIA BUREAU JAKARTA Public anger is growing in Indonesia over the “soft” treatment that the country’s most notorious suspect, Hutomo “Tommy” Mandala Putra,558 words
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544 2001-12-22 9 JAMES EAST - By, JAMES EAST STRAITS TIMES THAILAND BUREAU BANGKOK Chilli-grass-hopper sauce, wood-based washing-up liquid and palmleaf handbags are among the products that rural Thais hope to sell as they adopt the government’s widely-touted “one-district-one-product” campaign. If some of the goods on544 words
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COMMENT
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Article581 2001-12-22 10 TUESDAY December 18,2001 THERE are symbolic similarities between the raid by gunmen on India’s parliament last week, which left 13 people dead, and the Sept 11 attacks on New York and Washington. As in America, the New Delhi attack was an audacious strike against a principal581 words
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Article583 2001-12-22 10 WEDNESDAY December 19, 2001 THE Philippine government is conducting a peculiar brand of ownership and judicial oversight in the case of Nur Misuari. He is a fugitive from justice, wanted for fomenting rebellion in the south where he was the sitting governor of autonomous Mindanao. He583 words
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Article1100 2001-12-22 10 CHUALEE HOONG - SATURDAY By CHUALEE HOONG SOMEONE said to me the other day: “The problem with a shadow is, it stands where you stand, it sits where you sit.” We were talking about the People’s Action Forum, the informal name for the group of MPs from the1,100 words
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COMMENT/PERSPECTIVE
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Article, Illustration942 2001-12-22 11 ANDY HO - MY VIEW ANDY HO LEWIS Carrol] published in 1876, The Hunting Of The Snark, a story about some ill-fated hunters who sallied forth in search of a beast called the Snark they could not identify or find. Scientists, physicians and ethicists the world over have beenLUDWIG ILIO - 942 words
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1101 2001-12-22 11 With ASAD LATIF - HEART TO HEART With With ASAD LATIF CHILDREN love festive seasons, like the current one, because they receive gifts, including toys. But if I were a child in Singapore today, I would wonder whether I actually lived here. How many of the toys which1,101 words
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Page 12 / 13 Advertisements
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Advertisement19 2001-12-22 12 / 13 "SINGAPORE QUALITY CUSS Take C h r g P I E a I y Secure You Retirement 3$; ELOPER19 words
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Advertisement37 2001-12-22 12 / 13 CONTACT US CPF Top-Up for 2000/2001 1800-327-1168 GovtTopUps@cpf.gov.sg MediShield Scheme 1800-227-1188 (code 6) Healthcare@cpf.gov.sg Members’ Account (Statement of Account) 1800-227-1188 (code 1) Members-Account@cpf.gov.sg New Singapore Shares 1800-8-677-677 (1800-8-NSS-NSS) NSS@cpf.gov.sg PAL Services (PAL PIN) 1800-227-1188 (code 1) PAL@cpf.gov.sg37 words
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CPF Newsline A CORPORATE NEWSLETTER OF THE CPF BOARD
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Article, Illustration177 2001-12-22 12 / 13 1.9 million adult Singaporean CPF members received the second remaining payment for the CPF Top-Up for 2000/2001 on 1 December 2001. For those who qualified on 31 December 2000, the Top-Up was credited into their Ordinary Accounts in two equal instalments. The first payment177 words
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Article, Illustration162 2001-12-22 12 / 13 First announced by Prime Minister Goh Chok Tong at the National Day Rally Speech on 19 August 2001, the New Singapore Shares (NSS) scheme is to give all Singaporeans a direct stake in the nation. Eligible Singaporeans will receive between 200 to162 words
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Article, Illustration207 2001-12-22 12 / 13 The MediShield Scheme has been enhanced to offer more benefits and better coverage to CPF members from 1 December 2001. Coverage to age 80 MediShield now covers a person up to age 80, with the last entry age to join the scheme extended from 70 to207 words
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Article188 2001-12-22 12 / 13 Update address to receive half-yearly Statement of Account Please update your address with us before 30 December 2001 if you have changed address recently. This is to enable you to receive your JulyDecember 2001 CPF half-yearly statement of account when it is mailed to you in January/February188 words
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182 2001-12-22 12 / 13 Your CPF PAL PIN is your virtual identity. It identifies you when you transact electronically with CPF Board or any government agency using CPF PAL PIN as an authentication key. The Government will extend the use of CPF PAL PIN as the182 words
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INSIGHT
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1588 2001-12-22 14 Prime Minister Goh Chok Tong has proposed a shadow opposition group called the People’s Action Forum, which would lift the whip on a group of PAP MPs and allow them to challenge government policies. Will it fly? Our Senior Correspondent ASAD \AT\f1,588 words
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Article, Illustration466 2001-12-22 14 THE man many tout as an ideal candidate for the People’s Action Forum does not favour the idea. Ayer Rajah Member of Parliament Tan Cheng Bock’s name has cropped up in many discussions of the forum, in the press and on the Internet, as466 words
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1357 2001-12-22 15 ASAD LATIF - THINKING ALOUD By ASAD LATIF TERRORISM has changed the terrain of war, whether for the United States, which was attacked, or for Singapore, which can be. The traditional division of security threats into external and internal threats no longer holds. Responding to the new1,357 words
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MONEY
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Article278 2001-12-22 16 THE shortened trading week in the run-up to Christmas was a quiet one which only stirred briefly with the release of bet-ter-than-expected November export figures. The Straits Times Index gained 18.62 points on the week to 1577.07- Monday: Market closed for holiday. Tuesday: The stock market278 words
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Article67 2001-12-22 16 Straits Times Index The Straits Times Index gained 18.62 points on the week to 1577.07. DAY CLOSE TURNOVER Monday Tuesday 1583.60(+25.15) 388.744 ($634.254m) Wednesday 1595.44W1.84) 230.869 ($423.879m) Thursday 1593.27(- 2.17) 333.370 ($378.183m) Friday 1577.07H6.20) 215.162 ($379.736m) BT-SRI Index The BT-SRI Index gained 5.03 points on the week67 words
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Article435 2001-12-22 16 LOHCHEISYI - Last month’s 21% decline is smallest in 5 months, boosted by an improved performance from electronics products LOHCHEISYI THE worst appears to be over for Singapore’s all-important non-oil domestic exports which fell by a better-than-ex-pected 21.1 per cent last month to $7 .99 billion.435 words
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Article480 2001-12-22 16 Company Date ann Net earn TY LY (Sm) (Sm) EPS TY (Cts) LY (cts) Aberdeen 14-Dec P 14.961 24.126 21.12 16.48 Addvalue Tech 13-Dec I 0.057 0.438 0.01 0.12 Airocean Grp 30-Nov I 1.785 2.746 0.47 0.72 Alexandra Hldqs 29-Nov i 1718.014 149 282L 0.057 0.0051 AS Auto480 words
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Article306 2001-12-22 16 Payment fcts) Ex date Books close Pay date AP Brew F 9N 04-Feb 07-Feb 21-Feb Centrepoint 50c F 2N 01-Feb 06-Feb 20-Feb Cerebos Pac 25c b 6 07-Mar 12-Mar 27-Mar Cerebos Pac 25c f 3 07-Mar 12-Mar 27-Mar Chevalier 20c 1 1 13-Dec 19-Dec 28-Dec Comfort 25c 1306 words
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Article166 2001-12-22 16 BONUS ISSUE ExBooks Acc Company Ratio date close 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 Company Ratio date close Paymt GES Intnl one-for-five@$0.30 27-Nov 30-Nov NA OTHERS ExBooks ACC Company Ratio data dose166 words
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Article216 2001-12-22 16 Company Place Date Time First Engg E 26 Woodlands Loop, #07-0018-Jan First Engineering Techno Centre 10.00arr SPH E 1000 Toa Payoh North, 1st Storey, Annex Block 11-Jan 11.00arr Superbowl Hldgs E SuperBowl Golf and Country Clob, 6 Marina Green 10-Jan H.OOarr Stamford Tyres E 19 Lok Vang Way,216 words
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550 2001-12-22 16 Stock Trans Date Subsantiai Shareholder/ Director Oiy Sell Com NO Of Shares '000 Price Per ShrS Before ('000) Shareholding After ('000) Kim Eng 19-Dec-01 Yuanta Core Paci •Buy 16 0.78 ***** 10.2 ***** 10.2 Kim Eng 19-Dec-01 Yuanta Securities Asia Buy 16 0.78 ***** 10.2 ***** 10.2550 words
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Article2140 2001-12-22 17 UNIT TRUSTS FUNDS 1 UNIT TRUSTS ABN Amro Asset Mgt {Spore) Star Europe Eqty! A 0.81/ Star Asian Tiger Eqty 0.751/ Star Global Technology Fund 0.311/ Star Bhv Finance Japan Fund!** 0.815/ AIB Govett (Asia) Ltd. Govett Global Brands 1.187/1.247 AIG Investment Corporation (S) Ltd AIGIF Money Market SGD 1.*****/1.*****2,140 words
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Article124 2001-12-22 17 Foreign Currency Note Rates (9am, Dec 21) Buying 00 Selling Singapore dollars to < one unit of foreign currency Australian dollar 0.9250 0.9500 Canadian dollar 1.1540 1.1780 NZ dollar 0.7510 0.7720 Sterling pound 2.6570 2.6850 Singapore dollars to 100 units of foreign currency Chinese renminbi 22.00 22.50 Finnish markka124 words
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Article4894 2001-12-22 18 Transaction date: Dec 21, 2001 j MULTI INDUSTRY 52-Wk Currency last Higti Low Company Traded Sale ♦er'Vol 000 H* Day Low Gy's Div Net P/E M Cap Sam Wt Avg Price 92.2 8 c Acma 50c 9.5 -0.5 1526 10 9.5 0.5 3.9 74.2 104,894 words
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Article1254 2001-12-22 19 52-Wk Currency last High Low Company Traded Sate ♦or'Vol '000 High Day Low Gr's Div Net P/E M Cap Sadi Avg Price MANUFACTURING 40.5 12 c AP Oil 5c 16 ♦0.5 60 16.5 16 4.1 14 16 168 27.5 c AS Auto 10c 42 -3 1487 44.5 421,254 words
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Article236 2001-12-22 19 FINANCE 52-Wk Hi# Low Company Currency last Traded Sale +or'Vol 000 Day High Low Gr*s Otv Net P/E M Cap $mii Wt Avg Price ***** 9210 s Diamonds US9900xd 6890 3830 s IS D J US Tech.. US5460 555 440 s ISMSCI Spore.. US450cd ***** 9870 s IS236 words
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Article160 2001-12-22 19 Transaction date; Dec 2!, ***** 52-Wk High Low Curr Last Company Traded Sale Vol ♦or'000 Day Hiqh 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 44.6160 words
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373 2001-12-22 20 IGNATIUS LOW - Go beyond the standard security features in efforts to deter would-be hackers, body advises By IGNATIUS LOW FINANCE CORRESPONDENT BANKS should be “open and honest” about Internet banking security incidents and what they are doing to resolve them, says the Monetary Authority' of373 words
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283 2001-12-22 20 LEE SU SHY AN - bil LEE SU SHY AN SINGAPORE’S credit card market is “highly profitable”, with at least two domestic players well-placed to become regional players, according to a leading London research house. Singapore issuers are among the “best-placed competitors” in the region, along with Hongkong and283 words
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Article, Illustration377 2001-12-22 20 Ignatius Low - Ignatius Low OVERSEAS Union Bank (OUB) has closed two branches one located at the World Trade Centre (WTC) and another at Liang Court shopping centre on River Valley Road. They are the first branch closures since United Overseas Bank (UOB) took overSTEVEN LEE - 377 words
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366 2001-12-22 20 REBECCA LEE - *L REBECCA LEE AFTER less than seven months in the job as chief executive officer (CEO) of gov-ernment-linked trading company Intraco, Mr Au Eng Fong, w'ho is also a director, is quitting the company. He has stepped down as director with366 words
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Page 21 Advertisements
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Advertisement1103 2001-12-22 21 The Straits Times Weekly Edition -i* <*/j f'-' x > v ./*4%. I>' k' v T-v.-: ~i' »<**«*«&* Jk%£zdi Ik 4? sglM x/~ z.. /„>* jr SULTANATE OF OMAN Ministry of Finance of the Sultanate of Oman invites applications from qualified personnel for the position of SENIOR TAX INSPECTORS Qualifications:1,103 words
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Page 22 Advertisements
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Advertisement1419 2001-12-22 22 SINGAPORE 7 !fLEARNING V We ’re all contributing toward a winning future At HSBC, we have a long standing tradition of professional excellence that goes back more than 130 years. Built on the values of trust, integrity and excellent customer service, it is a tradition that underlies our success as1,419 words
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FORUM
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274 2001-12-22 23 I REFER to the letters “More harm than good in having casino” and “A Pandora’s box best left alone”, (ST, Dec 19). If, as contended by Mr Sebastian Tan and Mr Seah Yam Meng, a casino will result in a multi-faceted harmful274 words
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Article, Illustration105 2001-12-22 23 AFTER more than a year, the Speakers’ Comer at Hong Lim Park is still under-utilised. People hardly go there to speak their minds. To make better use of the park, part of it could be used for carolling during the Christmas season. Musical performances105 words
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130 2001-12-22 23 I READ with interest the recent letters about the certificate of entitlement (COE) system and social equity. While I empathise with the pleas for social equity, I am not surprised that the system is biased in favour of the well-to-do. The case for the130 words
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Article201 2001-12-22 23 I READ with interest the article, “Make forum independent and real” (ST, Dec 19). Although the intention is good, I feel that the setting up of a shadow opposition with alternative policies is unnecessary in Singapore’s context. Firstly, as our MPs are democratically elected, the creation of201 words
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299 2001-12-22 23 I REFER to the letter, “Universities have a role to play in sports too” (ST, Dec 18). I would like to thank Mr Cheng Shing Chow for his suggestions and his empathy for athletes who need to balance academic work with sports. The299 words
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Article, Illustration617 2001-12-22 24 EDNA KOH - Row with partner revolves around delays and massive cost overruns plaguing development of Assom leisure project ĔIL EDNA KOH HIGH-PROFILE Singapore businesswoman Jannie Tay has become involved in a bitter financial spat with a partner in a multi-million-dollar leisure centre in Australia. The dispute revolves617 words
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317 2001-12-22 24 SUE-ANN CHIA - *L SUE-ANN CHIA A CASINO in Singapore? No, declared Home Affairs Minister Wong Kan Seng on Thursday. He brushed off recent suggestions that the Government rethink its opposition to the setting up of a casino here. The argument: A casino here,317 words
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251 2001-12-22 24 THE $2O million set aside for the Economic Downturn Relief Scheme is “adequate for now”, said Home Affairs Minister Wong Kan Seng on Thursday. But the Government will pay close attention to see if more is needed. “During the initial period, many residents turned251 words