The Straits Times : Weekly Overseas Edition, 5 January 2002
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2002-01-05
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The Straits Times : Weekly Overseas Edition
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Title Section19 2002-01-05 1 The Straits Times Weekly Edition Saturday, January 5,2002 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 304/03/200219 words
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610 2002-01-05 1 TAN TARN HOW - Outlook depends on world events such as the US economy picking up; in the longer term, Spore must also boost social ties Bti TAN TARN HOW THE Singapore economy shrank by 2.2 per cent last year, a sharp contrast to the robust 9.9-per-cent610 words
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Article, Illustration80 2002-01-05 1 WHERE'S MT MUMMY?: Six-year-old Soh De Jun looks anxiously right, then left, for his mother on his first day at Queenstown Primary. He doesn’t see her, but breaks into a smile when he spots his aunt. Children were not the only ones with first-day jitters parents alsoPICTURES: WANG HUI FEN - 80 words
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Page 1 Advertisements
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Advertisement55 2002-01-05 1 Conservation Egging On A Special Birth Keepers at Jurong Bird Park are waiting with bated breath for a very special birth as the new year begins to unfold. page s Sports She's A Singapore PR Now Chinese paddler Zhao Danni, 15, has finally obtained permanent residency, making her eligible to55 words
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PRIME
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Article593 2002-01-05 2 NARENDRA AGGARWAL - Sector could pick up in mid-2002, says MAS; advance fourth-quarter estimates are not as severe as expected By By NARENDRA AGGARWAL ECONOMICS CORRESPONDENT FRESH signs suggest that the Singapore economy is bottoming out and that a pick-up in the all-important electronics sector could come as early593 words
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613 2002-01-05 2 WENDYTAN - &L WENDYTAN SINGAPOREANS are feeling less gloomy about the economy and seem to believe things will pick up from now on. More are feeling confident about their jobs and think that the job market will, in fact, improve. They also do not expect their613 words
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Article349 2002-01-05 2 Narendra Aggarwal - Narendra Aggarwal THE Singapore dollar will be allowed to trade neutrally against currencies of its major trading partners because its current level supports economic recovery and growth. This means that although the local unit may rise or fall against individual currencies like the US dollar349 words
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Article, Illustration480 2002-01-05 3 JANE LEE - Recent jump in numbers could be due to economic downturn and changes made to withdrawal rules, says CPF spokesman Bu JANE LEE MORE parents are using their Central Provident Fund (CPF) savings to finance their children’s tertiary education here. Up till September lastADAM LEE - 480 words
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306 2002-01-05 3 ALETHEALIM - By ALETHEALIM COURT CORRESPONDENT A MILLIONAIRE’S wife who called her husband a serial womaniser and said she could no longer tolerate his behaviour has been granted a divorce to end their 51-year marriage. District Judge Emily Wilfred on Monday dissolved the marriage and306 words
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567 2002-01-05 3 TAN TARN HOW - TAN TARN HOW A DOCUMENTARY about opposition politician J.B. Jeyaretnam made by three polytechnic lecturers could have broken a little-known law banning political films here. The Straits Times understands that the makers were told they could be charged in court for making it567 words
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HOME
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Article741 2002-01-05 4 WONG SHER MAINE - More owners are selling flats themselves because of bad experiences with agents or to save on commission Sa WONG SHER MAINE SOME flat owners are choosing to sell their homes themselves, so they can save on paying a commission to a housing agent741 words
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437 2002-01-05 4 K.C. VIJAYAN - Bn K.C. VIJAYAN Singapore’s two biggest hotels started the new year on Tuesday with new names and some 100,000 new items in their 2,000 rooms. At the stroke of midnight, telephone operators at the Westin Stamford responded to incoming calls with its new437 words
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Article, Illustration176 2002-01-05 4 ABOUT 500 people turned up at the neighbouring Hock Huat Keng and Sri Veeramuthu Muneeswarar temples on Tuesday to usher in the new year and celebrate the birthday of Hindu deity Veeramuthu Muneeswarar. The mix of Indian and Chinese devotees started coming in as early asWONG MAYE-E - 176 words
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Article, Illustration308 2002-01-05 5 LAUREL TEO - SiL LAUREL TEO THE Ayer Rajah Community Centre will be the first CC to have a pool, when it starts running the Pandan Gardens Swimming Complex. It plans to take over the 26-year-old facility from the Singapore Sports Council (SSC) andWONG MAYE-E - 308 words
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558 2002-01-05 5 REBECCA LEE - SIA extends ‘golden handshake and no pay-leave schemes By REBECCA LEE TRANSPORT REPORTER SINGAPORE Airlines (SIA) is offering staff at all levels the chance to participate in a gold-en-handshake scheme as well as a voluntary no-pay leave plan. Both schemes are open for application from now until March 31. For558 words
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493 2002-01-05 5 MARGARET PERRY - Health Ministry receives request to let cancer patients staying at home use Medisave to pay for strong painkillers Bti MARGARET PERRY DOCTORS at the National Cancer Centre are asking the Government to allow outpatients to use Medisave to pay for strong pain-relieving drugs493 words
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Article, Illustration430 2002-01-05 6 Last Friday, 71 principals were appointed, with 27 of them new to their positions. WONG SHEW MAINE speaks to three newly-appointed heads about their plans for their schools. BROTHER Paul Rogers, 51, starts work as the head of Catholic Junior College today, and he isWANG HUI FEN - 430 words
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Article, Illustration298 2002-01-05 6 THE oldest “new” principal, Mr David Wang Mei Hsiong, 57, has two immediate aims. The first is to improve Anglican High’s academic record, so that it is back among the top 20. The special assistance plan scnool’s ranking dropped seven places last year from itsGEORGE GASCON - 298 words
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Article, Illustration412 2002-01-05 6 GETTING her students and teachers to be innovative and to collaborate with each other is the task Singapore’s youngest principal has set herself in her maiden year as school head. Madam Soh Wai Lan, 34, who was appointed last month as Anderson Secondary ’s412 words
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Article, Illustration826 2002-01-05 7 The world moves at the speed of thought. Ideas make all the difference. Good ideas can have a major impact on people's lives, as the Government has been saying in its quest to turn Singapore into a more innovative society. Here is The StraitsMIKE M DIZON Text: SUSAN LONG - 826 words
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Article, Illustration471 2002-01-05 8 CHANG AI-LIEN - After eight futile years, a Manchurian Crane could hatch at Jurong Bird Park within two weeks with help of crane expert By CHANG AI-LIEN SCIENCE CORRESPONDENT KEEPERS at Jurong BirdPark are waiting with bated breath for a special birth as this new year beginsJAMES CROUCHER - 471 words
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Page 8 Miscellaneous
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Miscellaneous1061 2002-01-05 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, Illustration740 2002-01-05 9 CHAN TSE CHUEEN - Singapore Sports Council has given nod to 23 athletes in its foreign-talent scheme since 1999 Byi CHAN TSE CHUEEN FIFTEEN-YEAR-OLD Chinese paddler Zhao Danni has obtained permanent residency, making her eligible to play for Singapore. The teenager, who came to the Republic in 1998Photomontage by TIEN CHUNG PING - 740 words
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560 2002-01-05 9 YEOHEN-LAI - Bv YEOHEN-LAI IF YOU have purchased an autograph of Michael Jordan, Tiger Woods or even Ronaldo in the past 10 years, even from a licensed memorabilia shop, there is a serious chance you have been duped. A 90 per cent chance, in fact. The560 words
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MALAYSIA
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484 2002-01-05 10 LESLIE LAU - Facing disenchantment within the civil service, govt says all its employees must sign by March By LESLIE LAU IN KUALA LUMPUR MALAYSIA’S 950,000 government servants will have to sign a “good conduct” pledge by the end of March in a move designed to ensure484 words
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463 2002-01-05 10 BRENDAN PEREIRA - BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR The Malaysian economy will pick up slightly in the new year with growth hitting 3 per cent, Prime Minister Datuk Seri Dr Mahathir Mohamad said on Tuesday night. He also forecast a slower rise in unemployment rates.463 words
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Article, Illustration55 2002-01-05 10 NO WAY OUT! Trapped in his trailer lorry that had fallen into a river, driver Che Hussain Che Mohd, 41, was rescued only after more than 10 hours on Wednesday. The vehicle, which was loaded with rubber sheets, skidded and plunged into Sungai Bidong in Pahang atTHE STAR - 55 words
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385 2002-01-05 10 KUALA LUMPUR Malaysia’s Education Ministry, already facing problems with bumiputera contractors over non-completion of computer lab projects for schools, is unhappy with another bumiputera contractor for delaying its privatised housing project for teachers. Malaysia’s Berita Harian on Thursday said that Encorp Systembilt Sdn Bhd,385 words
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SOUTH-EAST ASIA
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Article, Illustration54 2002-01-05 11 BUSY DAYS FOR WORKERS l A construction worker carries a load bearing wet bricks across her shoulders to a furnace in a brickyard near Hanoi. The demand in construction and raw materials has gone up after the Vietnam government approved many new development projects in citiesAFP - 54 words
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487 2002-01-05 11 DEVI ASMARANI - By DEVI ASMARANI STRAITS TIMES INDONESIA BUREAU JAKARTA Muslim Indonesians are becoming more devout and many long for the their country to become an Islamic state, according to a recent survey. But the survey, carried in the latest English-language edition of487 words
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515 2002-01-05 11 DEVI ASMARANI - Court case against high-ranking officers for E, Timor human-rights abuses could erode military support for her DEVI ASMARANI STRAITS TIMES INDONESIA BUREAU JAKARTA The impending trial of army officers involved in human-rights violations in East Timor two years ago will be a major515 words
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COMMENT
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Article615 2002-01-05 12 TUESDAY January 1,2002 THE Asian geopolitical scene closed out the year 2001 not in good heart, for sure. But for the late-year terror strike against New Delhi and the spillover of the post-Sept 11 neuroses, it was actually not that apocalyptic a year either. The big615 words
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Article584 2002-01-05 12 WEDNESDAY January 2,2002 AT LONG last, trade relations between the United States and China are on normal footing and the annual rigmarole of the American Congress granting normal trading relations to China will be no more. It is a change for the better. Since 1980, China’s trading584 words
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Article1047 2002-01-05 12 CHUA LEE HOONG - SATURDAY By CHUA LEE HOONG SOME years ago, hearing, accurately or not, that Pulau Sekudu was to be blasted out of existence, I rustled up a group of friends to pay a final homage to the tiny island off Pulau Übin. It was no1,047 words
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COMMENT/PERSPECTIVE
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Article, Illustration868 2002-01-05 13 TAN TARN HOW - MY VIEW By TAN TARN HOW THE maxim that the past holds up a mirror to the future cannot be less true than it is for Singapore at the present. This is what “watershed” means, after all. It is when the course ofLUDWIG ILIO - 868 words
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Article1032 2002-01-05 13 With ASAD LATIF - HEART TO HEART With ASAD LATIF TERRORISM and its aftermath changed the face of the world this year. New York lost a landmark, and the Pentagon took a hit. The Americans bombed Afghanistan and brought down the terroristsupporting Taleban. The Singapore economy felt the shock of1,032 words
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INSIGHT
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Article, Illustration1818 2002-01-05 14 This year, some nature-loving members of the public found and helped save a beautiful beach on Pulau Übin called Chek Jawa. Our correspondent LYDIA LIM traces how their efforts led to a rare policy U-tum in Singapore IT WAS by chanceLAU FOOK KONG - 1,818 words
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Article, Illustration843 2002-01-05 15 They may not have been named Time magazine’s Person Of The Year but they still made a splash. Here are The Straits Times Alternative Awards for the Top Newsmakers Of The Year Fashion Guru Award: Mr Lim Hng Kiang THE Health Minister caused a flap afterNOEL ROSALES - 843 words
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MONEY
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Article292 2002-01-05 16 SINGAPORE shares kicked off the New Year on a firm note as institutional investors made their way back into the market buoyed by renewed confidence that the domestic economy is poised for a recovery. The Straits Times Index (STI) gained 52.69 points on the292 words
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Article433 2002-01-05 16 WILLIAM CHOONG; and DENESH DIVYANATHAN - Production at Pasir Ris plant Eut off by 6 to 9 months ecause of weak demand; staff offered work in Taiwan WILLIAM CHOONG and DENESH DIVYANATHAN TECHNOLOGY REPORTERS DOGGED by the slump in the global semiconductor sector, production plans at Singapore’s biggest-ever chip investment433 words
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Article453 2002-01-05 16 Company Date aim Net earn TY LT (Sm) ($m) EPS TY (cts) LY (cts) Aberdeen 14-Dec P 14.961 24.126 21.12 16.48 Addvalue Tech 13-Dec l 0.057 0.438 0.01 0.12 Airocean Grp 30-Nov 1 1.785 2.746 0.47 0.72 AS Auto 06-Dec 1 0.177 6 888 0.13 5.2 Asia Dekor453 words
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Article292 2002-01-05 16 Payment (cts) Ex date Books close Pay date AP Brew F 9N 04-Feb 07-Feb 21-Feb CASAHIdgs 10c b 5 12-Mar 15-Mar 27-Mar 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 Comfort 25c I292 words
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Article138 2002-01-05 16 BONUS ISSUE ExBooks Acc A 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 A Company Ratio date dose Paymt GES Intnl one-for-five@$0.30 27-Nov 30-Nov NA OTHERS EXBooks Acc A Company138 words
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Article73 2002-01-05 16 Straits Tims lidex The Straits Timas Index gained 52.69 points on the week to 1678.67. DAY CLOSE TURNOVER Monday 1623.60(- 2.38) 143.3m ($135.7m) Tuesday Public Holiday Wednesday 1625.69(+ 2.09) 444m ($341.6m) Thursday 1653.7K+28.02) 747.7m ($656.1m) Friday 1678.67 (+24.96) 783.1m ($700m) IT-SM Index The BT-SRI Index gained 21.6573 words
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Article113 2002-01-05 16 Company Place Date Time Times A 11 Unity Street #02-18/19 25-Jan 11.00am Publishing Robertson Walk Natsteel E Level 4, 22 Tanjong Kling 18-Jan 10.00am Broadway Road First Engg E 26 Woodlands Loop First Engineering Techno Centre #07-00 18-Jan 10.00am Multi-Chem E 95 South Bridge Road Pidemco Centre #07-28113 words
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606 2002-01-05 16 Subsantial Boy Hoof Price Shareholding Trans Shareholder/ sen Shares Per Before After Stock Date Director Coflv '000 Shr S rooo) ('000) EC5 03-Jan-02 Narong Intanate ♦Sell 5000 0.67 ***** 6.1 ***** 4.4 ECS 03-Jan-02 V Investment Sell 5000 0.67 ***** 6.1 ***** 4.4 TPA Strategic 02-Jan-02 Chin606 words
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Article2253 2002-01-05 17 UNIT TRUSTS FUNDS 1 UNIT TRUSTS ABN Amro Asset Mgt (S'pore) Star Europe Eqty! A 0.857/ 1.008/ 0.92/ 0.78/ 1.232/ Star Asia Balanced 0.865/ Star Global Technology Fund 0.34/ Star Bhv Finance Japan Fund!** 0.819/ AIB Govett (Asia) Ltd. Govett Asia Pac Growth 1.073/1.127 Govett Global Brands 1.232/1.294 AIG Investment2,253 words
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Article157 2002-01-05 17 Foreign Currency Note Rates (9am, Jan 4) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9450 0.9700 Canadian dollar 1.1440 1.1680 Euro 1.6530 1.6690 NZ dollar 0.7790 0.8010 Sterling pound 2.6440 2.6720 US dollar 1.8410 1.8530 Singapore dollars to 100 units of foreign currency157 words
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Article5128 2002-01-05 18 Transaction date: Jan 4,2002 MULTI INDUSTRY 52-Wk Currency last Hiyk low Cownar Traded Sale ♦er’Vol '000 High Day Law Gr*s Mv Net m M Cap $M« Wt Avq Price 92.2 8 c Acma 50c 10 unch ***** 10.5 9.5 0.5 4.1 78.1 10 41 65,128 words
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Article1372 2002-01-05 19 52-Wk Currency last High Low Company Traded Sale ♦or'Vol '000 High Day Low Gr's Div Net P/E M Cap $RHl Wt Avg Price MANUFACTURING 40.5 12 CAP Oil 5c 19 +0.5 418 19 18 4.9 16.7 18 168 27.5 c AS Auto 10c 50 ♦2 2200 50.5 48.51,372 words
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Article239 2002-01-05 19 FINANCE 52-Wk High Low Company Currency last Traded Sale «or’Vol '000 Day High Low Gr’s Div Net P/E M Cap $mil wt Avg Price ***** 9210 s Diamonds US9900cd 6890 3830 s IS DJ US Tech..... US5800 +340 0 5800 5800 555 440 sIS MSCI Spore ....US450 *****239 words
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Article162 2002-01-05 19 Transaction date: Jan 4, 2002 52-Wk High Low Curr Last Company Tradad Sale Vol ♦or000 Day High Low Gross dlv Net P/E M Cap $mll HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung KongSOc... HK1780 240 3 *****.5 68 5 Citye-Solutions Lt HK45 2 44.6 172.4162 words
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Article573 2002-01-05 20 COLIN TAN; and LORNA TAN - Recent price cuts by developers not reflected in URA fourth-quarter flash estimates; HDB resale values drop 1.3% Bu COLIN TAN and LORNA TAN AGGRESSIVE price cuts in recent private home launches were not reflected fully in the latest property index estimates provided by the Urban573 words
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Article, Illustration456 2002-01-05 20 LEONG CHAN TEIK - OCBC gets PwC ousted as Pinetree 's judicial managers §!L LEONG CHAN TEIK OCBC BANK succeeded on Wednesday in a High Court application to remove PricewaterhouseCoopers (PwC) as interim judicial managers of Pinetree Town and Country Club. The court also adjourned until next Friday an application by OCBC, one of456 words
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455 2002-01-05 20 DENESH DFVYANATHAN - By] By DENESH DFVYANATHAN TECHNOLOGY REPORTER SOUTH Korea’s Hynix Semiconductor on Wednesday raised the long-term contract prices of its computer memory chips by 30 per cent, but analysts were sceptical about gains rubbing off on chipmakers in Singapore. Hynix’s price increase, affecting455 words
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Page 21 Advertisements
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Advertisement881 2002-01-05 21 •<• y isjfj 'ssss&&s£■ ;<<%•.'"’ y‘£ y v 's. f > X' V>- «< ''s' W <s£<&fi S* ...Jf M ?§.?:Pi The Straits Times Weekly Edition SINGAPORE CHANGI AIRPORT ENTERPRISE PTE LTD 111 mm Mm 'Wbx-jjSg* %.M(t ft l >i)l M I i Mia »11 v m Singapore Changi Airport881 words
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Page 22 Advertisements
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Advertisement1024 2002-01-05 22 nhan c i n g Health Promotion Board is a statutory hoard, set up to spearhead health education, promotion and disease prevention programmes that will enable Singaporeans to stay healthy and fit. We are now looking for individuals to be part of our team to meet this challenge. A) HR1,024 words
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FORUM
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407 2002-01-05 23 Some government agencies seem to be living in a world of their own, andforgetting that the end result of all their good ideas should be to benefit the public. I REFER to Mr Denis Distant’s letter “Pass on information about407 words
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Article111 2002-01-05 23 Reports of drunkenness and aggressive behaviour among airplane passengers are surfacing too often for comfort. For a 22-year-old, four whisky-sodas, two glasses of red wine and two glasses of champagne appear to be a lethal cocktail. One solution would be to restrict the number of free111 words
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Article, Illustration482 2002-01-05 23 I REFER to the article, “DIY sales for HDB flats going up” (ST, Jan 2). Indeed, the HDB has come a long way in simplifying its resale procedures. However, the transaction process is just one of the many factors482 words
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335 2002-01-05 23 I REFER to Mr Denis Distant’s letter, “ERP Cash Cards hard to find” (ST, Dec 28). We apologise for the inconvenience he experienced. Nets would like to assure Cash Card holders that it is always looking into expanding the network of outlets to make the335 words
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Article458 2002-01-05 24 KRISTBOO - Consumer body drew more members, handled more complaints and got back more money from errant traders By KRISTBOO CONSUMER watchdog, Case, on Thursday reported that it helped recover a record $2.4 million in refunds from errant traders last year. This is more than double458 words
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Article, Illustration458 2002-01-05 24 JULYNKANG - Woman dies, two ill after eating 'poison sat ay' Si JULYNKANG THREE people fell seriously ill after eating food apparently contaminated with pesticide during a New Year’s Eve party and one of them, a mother of three, died on Thursday. Madam Fong Oi Lin, 61, was the most seriously illDESMOND WEE - 458 words
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267 2002-01-05 24 COMPANIES should take a humane approach when retrenching staff because poor-ly-handled layoffs may backfire on the organisation, said National Trades Union Congress (NTUC) assistant secre-tary-general Halimah Yacob. She cited United Overseas Bank’s (UOB’s) first-round retrenchment of 435 staff last month as an example267 words