The Straits Times : Weekly Overseas Edition, 2 February 2002

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 18 1 The Straits Times Weekly Edition Saturday, February 2,2002 Price: S$ 1.20 (in Elsewhere by subscription only MITA 304/03/2002
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  • 404 1 ‘Confidence circles’ will bring together religious and community leaders to help build trust, understanding among races NEW community groups are being set up to build confidence, friendship and trust among the races to ensure that Singapore’s race relations are strong enough to withstand future
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  • 242 1 Feedback from three people after the recent ISA arrests told PM Goh why Singaporeans must act to check the rise of mutual suspicion and distrust. From a Chinese senior civil servant His mother, in her late 60s, called after news of the arrests broke. She had discussed
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  • 344 1  -  Bij CHUALEE HOONG MINORITY races in Singapore can take heart the Government will not allow anyone to disrupt racial harmony. But should this happen and a crisis breaks out, the Government will be impartial and will step in to protect the minorities. This commitment was
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  • PRIME
    • 490 2  -  Bu M. MRMALA IT IS global, deadly, and no one is immune. Today’s borderless terrorism is different from that of the past and to fight this new menace, countries need to work together. That was why Singapore had backed the international effort against terrorism
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    • 563 2  -  Children learn to understand religious and cultural differences as part of a 1-million CDC programme Bij ALICIA YEO INSTEAD of reciting his ABCs to his childcare-centre teachers on Tuesday, five-year-old Xavier Khoo practised saying “assalamualaikum He and four other children from the Majlis Pusat Singapura
      CHEW SENG KIM  -  563 words
    • 276 2  -  B v IGNATIUS LOW FINANCE CORRESPONDENT PRIVATE-SECTOR fund managers, who now handle billions of dollars’ worth of companies’ funds, could take over the Central Provident Fund’s role in managing Singaporeans’ retirement savings. This would “simplify investment choices and hopefully cut administrative costs”, said Senior
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    • 562 3  -  Ministry gives parents the weekend to rethink sending kids to school in headscarves SANDRA DAVIE EDUCATION CORRESPONDENT THREE of the Primary 1 schoolgirls at the centre of the “tudung” controversy showed up in school wearing the Mus-lim-style headscarf yesterday the deadline
      STEPHANIE YEOW  -  562 words
    • 400 3  -  LESLIE LAU IN KUALA LUMPUR SEVERAL Malaysian politicians and Islamic groups have criticised Singapore for not allowing four schoolgirls to wear headscarves to school, saying that the move would lead to Malays being marginalised. Taking a hardline stand, Muslim Youth Movement (Abim) president Ahmad
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    • 525 3  -  §1 LAUREL TEO A WISE move and good news, said Malay MPs last week, on the decision by seven members of Fateha’s working committee to divorce themselves from the recent remarks of former Fateha chief Zulfikar Mohamad Shariff. Their departure shows how little his
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  • HOME
    • 321 4 Singapore’s unemployment rate rose to 4.7 per cent that month. But it is still lower than the record 6 per cent in March 1986 SINGAPORE’S unemployment rate rose to 4.7 per cent last December, the highest in 15 years. The figure was 3.8 per
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    • 425 4  -  Bii SHAHIDA ARIFF IT IS goodbye to fixed classrooms when the new AngloChinese School (Barker Road) buildings open next year. Secondary school students will no longer stay put in a classroom while waiting for their teachers to arrive to deliver lessons. Instead, they
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    • 62 4 DiDinr UlfiU ri VCD. LAUFOOKKONG PARADE mulrr LYERI A dragon made of about 2,000 balloons will dance above the crowds at this year's Chingay Parade, which will also include horses to usher in the Year of the Horse. The parade starts at City Hall on Feb 16. SPH
      LAU FOOK KONG  -  62 words
    • 332 4 TAIPEI Conflicting views between Taiwanese and foreign air-safety investigators about the cause of a Singapore Airlines crash just over a year ago will delay the release of a final report, Taiwan’s chief safety official said on Tuesday. The report on the crash of Flight SQOO6
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    • 412 5  -  Bi/ ELENACHONG WHEN state counsel Cheryl Chia Mei Ann, 23, topped the last Postgraduate Practical Law Course (PLC), it was no fluke. Consistently among the top students in Nanyang Primary, Raffles Girls’ (Secondary) and Raffles Junior College, she not only topped
      ALAN LIM  -  412 words
    • 589 5  -  Dialogue for overseas S’poreans to contribute to the Economic Review Committee got off to a lively start, with large turnout By ZURAIDAH IBRAHIM STRAITS TIMES UNITED STATES BUREAU SAN FRANCISCO The first dialogue for overseas Singaporeans to contribute to the Economic Review Committee
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    • 476 5  -  TAN 001 BOON ASSISTANT NEWS EDITOR A MAN took his ex-wife to the High Court when he discovered that she had changed the surname of his 17-year-old son without telling him. While this was done more than 10 years ago
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    • 411 6  -  Better than expected, this is the second-highest total on record and just 2.2 per cent shy of the all-time high of 7.69 million Bit KOH BOON PIN DESPITE the global economic slowdown and fears of travelling after the Sept 11 terrorist attacks in the
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    • 518 6  -  TANOOI BOON ASSISTANT NEWS EDITOR SOME wealthy men here are planning to have pre-nuptial agreements drawn up to keep their would-be wives away from their family’s assets. Several lawyers told The Straits Times that they had been approached by clients about such agreements
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    • 574 6  - Fake 'crows abound By LEONG WENG RAM KISS-AND-TELL novelist Jiu Dan, whose controversial novel Wuya (Crows) created a stir both in Singapore and in China last year, had planned more bird tales about beautiful phoenixes and greedy magpies. They would have been keenly awaited following the success of her first
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    • 523 7  -  Travel giant’s woes were piling up since last year, says boss; then came the big blow when it stopped being an SI A agent By KOH BOON PIN THE annual Natas Travel Fair opened yesterday but one of Singapore’s biggest and most well-known
      WONG KWAI CHOW  -  523 words
    • 503 7  -  SALMA KHALIK HEALTH CORRESPONDENT MEDICAL education in Singapore will remain the domain of the National University of Singapore (NUS) at least for the next five to 10 years. This means that a proposal for Nanyang Technological University (NTU) to set up a second
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    • 358 7  -  BI J WILLIAM CHOONG and SIMON WILCOX TWO more statutory boards will get new names as the Government redoubles its efforts to ensure that Singapore companies go global, as well as become more innovative and productive. The Trade Development Board (TDB) will be renamed
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    • 576 8  -  The Windsors, who fell in love in their 20s, dated for more than a decade before tying the knot Bu ALICIA YEO LESLIE Malcolm Windsor and Gertrude Jane Cork were neighbours who fell in love in their early 20s and, except for
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    • 194 8  -  Bij ALFRED LEE STRAITS TIMES EUROPE BUREAU LONDON Singapore has become a little less expensive to live in, according to the latest survey by The Economist’s Intelligence Unit. It is now the world’s ninth-costliest city to live in, down two notches from six
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  • Page 8 Miscellaneous
    • 1061 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 Word
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  • SPORTS
    • 377 9 IN THE *****, he was one of only 10 men in the world who could lift more than twice his own weight. Mr Boey Chee Choon became a household name in the *****, when he dominated the sport of weightlifting and was national
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    • 491 9 Watch S-League live only on TV Works TV WORKS, the English channel of Singapore Press Holdings’ broadcasting arm MediaWorks, has clinched the rights to show S-League matches live, breaking MediaCorp’s six-year monopoly. This was announced by Football Association of Singapore marketing and communications director Winston Lee at a press briefing
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    • 548 9  -  But the swing doctor has to bid against 14 golf schools for the Yishun club’s facilities GOLF Bu YEOH EN-LAI THE world-renowed David Leadbetter Golf Academy will know by next week whether it has made a successful bid for the range and golf school facilities
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  • MALAYSIA
    • TERRORISM: THE ASIAN CONNECTION
      • 477 10  -  Documents link detained Malaysian to terrorist network; Mahathir denies report that Malaysia was a launch pad’ LESLIE LAU IN KUALA LUMPUR DETAINED Malaysian militant Yazid Sufaat has been identified by US intelligence sources as a significant player in the Jemaah Islamiah group that was tied
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      • 346 10 It started with a small find on the battlefield 1 in Afghanistan... a notebook taken from a 1 prisoner. It contained the name of a Malaysian 1 called Yazid Sufaat, a name that leapt out at US investigators, and it helped investigators unravel Al-Qaeda’s structure.
        SOURCE: NEWSWEEK; Photos: REUTERS Design: CHRISTIAN INTON  -  346 words
      • 436 10  -  REME AHMAD IN KUALA LUMPUR MALAYSIA is enlarging its net to nab illegal migrants by including stringent checks on foreign street vendors, taxi drivers and squatter houses built by them. Prime Minister Datuk Seri Dr Mahathir Mohamad confirmed the government was launching
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  • SOUTH-EAST ASIA
    • 1377 11 South-east Asian governments are coming to grips with a new and more potent form of terrorism unleashed by Osama bin Ladens Al-Qaeda network. The Straits Times bureaus in Indonesia, Malaysia and the Philippines look at the growing linkages between militant groups across the region. TERRORISM: THE ASIAN
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  • COMMENT
    • 559 12 TUESDAY January 29,2002 THE report of the international advisory panel on medical education should, to be completely useful, be accepted in part as a rebuke of a rigid method of projecting manpower needs. It says the output of doctors in Singapore is just about “tolerable” to provide health-care
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    • 569 12 WEDNESDAY January 7 30,2002 CHINA last week floated a nuanced policy remark on Taiwan which has set off a flurry on the island. Vice-Premier Qian Qichen appeared to signal a shift of position when he said members of Taiwan’s governing Democratic Progressive Party (DPP) were welcome to
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    • 1107 12  -  SATURDAY With i CHUA LEE HOONG FROM cute little kerchiefs to the tent-like burqa worn by women in Saudi Arabia, the question of how the female of the human species should protect their modesty, according to Islam, is one that has reared its head
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  • COMMENT/PERSPECTIVE
    • 905 13  -  MY VIEW By TAN TARN HOW WHAT a difference this time round. In 1987, when the Internal Security Department (ISD) swooped on 22 people for alleged involvement in a Marxist conspiracy, the arrests were met with a fair bit of scepticism among some Singaporeans.
      LUDWIG ILIO  -  905 words
    • 822 13  -  HEART TO HEART With With ASAD LATIF THE website of a Muslim group, Fateha, claimed that Osama bin Laden, the Saudi billionaire accused of being the mastermind behind the Sept 11 terrorist attacks in the United States, is a better Muslim than Malay/Muslim leaders in
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  • INSIGHT
    • 1562 14 While Muslim leaders have been forthright in criticising those arrested for involvement in terrorism-related activities the other communities have kept a studied silence. What is the impact on social cohesion? Our senior correspondent CHUA LEE HOONG examines the issues. GO TO any
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    • 1236 15  -  THINKING ALOUD By HAN FOOK KWANG DOES the name Fathur Rohman AlGhozi ring a bell? What about Abu Bakar Bashir? Or Hambali, otherwise known as Nurjaman Riduan Isamuddin. If that draws a blank too, try Mohamad Iqbal A. Rahman. Most Singaporeans wouldn’t know
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    • 743 15  -  §!L ASAD LATIF PROFESSOR Eqbal Ahmad, the noted Pakistani scholar-activist, visited Afghanistan several years ago. One day, he saw a boy of about 12, head shaved, being dragged along with a rope tied around his neck. A man behind him beat a drum. Prof
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  • MONEY
    • 305 16 SHARES in the Singapore market continued its uptrend this week on the back of renewed confidence following signs that the US economy is picking-up and better-than-ex-pected corporate profits. The benchmark Straits Times Index (STI) gained 50.59 points on the week to 1781.42. Monday: Singapore stocks
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    • 76 16 Straits Times Index The Straits Times Index gained 50.59 points on the week to 1781.42. DAY CLOSE TURNOVER Monday 1772.90 (+42.07) 745.2m ($980.9m) Tuesday 1771.24 1.66) 867.8m ($861.7m) Wednesday 1755.61 (-15.63) 577.8m ($716.5m) Thursday 1786.89 (+31.28) 906.7m ($911.6m) Friday 1781.42 5.47) 781.8m ($906.8m) IT-SII Index The BT-SRI
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    • 436 16  -  The deal will propel the S’pore firm into the global telecom league with a stake in 160,000 km of fibre-optic cable network B<± By DENESH DIVYANATHAN TECHNOLOGY REPORTER SINGAPORE Technologies Telemedia (ST Telemedia) has teamed up with Hongkong’s Hutchison Whampoa to
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    • 451 16 Company Date ann Net earn TY IY (Sm) (Sm) EPS TY (cts) LY (Cts) Australand 30-Jan P 81.432 78.109 15.9 16.2 Boustead Spore 27-Dec I 5.404L 1.386L 2.92L 0.77L Cam Int'l 21-Dec P 3.013L 3.125L 0.013L 0.013L CASA Hldgs 31 -Dec P 0.645 2.297 0.31 1.09 Chemical Ind
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    • 254 16 Payment (cts) Ex date Books dose Pay date AP Brew F 9N 04-Feb 07-Feb 21-Feb Asiatravel 1.5c g 0.423 26-Feb 01-Mar 20-Mar Australand A50c F 3d 11-Feb 18-Feb 28-Feb Avaplas Ltd 1 0.1 18-Jan 23-Jan 04-Feb CASA Hldgs 10c b 5 12-Mar 15-Mar 27-Mar Centrepoint 50c F 2N
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    • 143 16 BONUS ISSUE Company Ratio Exdate Books dose Acc Paymt RIGHTS ISSUE ExBooks Acc ft Company Ratio date close Paymt Easyknit one-for-one©HK$0.08 05-Feb 08-Feb OTHERS ExBooks Acc a Company Ratio date dose Paymt CK Tang Renounceable NonUnderwritten Rights Issue of new ordinary shares of $0.20 each on the basis
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    • 176 16 Company Place Date Time Brilliant A 21 Ubi Road 1 26-Feb 3.00pm Mfg E Singapore *****4 3.30pm Food Junction A Orchid Room, level 2 22-Feb River View Hotel Singapore 382 Havelock Road lO.OOarr Del Monte G The Moor Room, Level 4 Raffles City Convention Centre, Raffles The Plaza
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    • 647 16 Stock Trans Date Subsantiai Shareholder/ Director Buy SeU Com No of Shares •0P8 f Price Per ShrS Shareholding Before After ('000) C0O0) Centrepoirrt Prop 24-Jan-02 Dr Andrew Chew Sell 8 2.07 8 0.0 0 0.0 Centrepoint Prop 24-Jan-02 Ian Alastair Maclean Sell 9 2.07 9 0.0 0
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    • 2541 17 UNIT TRUSTS FUNDS UNIT TRUSTS ABN Amro Asset Mgt (S'pore) Star Europe Eqty! A 0.776/ Star Europe Bd 0.953/ Star Europe Bal 0.859/ Star Asian Tiger Eqty 0.788/ Star Asia Bond 1.233/ Star Asia Balanced 0.845/ Star Global Technology Fund 0.307/ Star Bhv Finance Japan Fund!** 0.741/ AIB Govett (Asia)
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    • 154 17 Foreign Currency Note Rates (9am, Feb 1) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9270 0.9440 Canadian dollar 1.1450 1.1690 Euro 1.5730 1.5970 NZ dollar 0.7580 0.7790 Sterling pound 2.5800 2.6060 US dollar 1.8320 1.8440 Singapore dollars to 100 units of foreign currency
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    • 5106 18 Transaction date: Feb 1,2002 MULTI INDUSTRY 52-Wk Currency last High Low Company Traded Sale ♦er'Vol '000 Day High Lew Gr's Div Net P/C M Cap Sail Wt Avq Price 45.1 8 c Acma 50c 10.5 unch 1443 10.5 10 0.5 4.3 82 10 16 6
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    • 1455 19 52-Wk Currency last High Low Company Traded Sale ♦or'Vol 000 H* Day Low Gr*s On Net P/E M Cap Sink m Avg Price MANUFACTURING 40.5 12 C APOil 5c 19.5 -0.5 652 21.5 19.5 5 17.1 19 85 27.5 c AS Auto 10c 53.5 -2 1040 56 53.5
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    • 235 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 Avq Price ***** 9210 s Diamonds US9900cd 6890 3830 s IS DJ US Tech US5270 560 440 s IS MSCI Spore US560 ***** 9870 s IS
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    • 163 19 Transaction date: Feb 1,2002 52-Wk High Low Curr Last Company Traded Sale Vol ♦or•ooo Day High Low Gross dlv Net P/E M Cap $mil HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung KongSOc HK1780 240 3 *****.5 68 33 Citye Solutions Lt. HK45 2 44.6 172.4
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    • 443 20  -  Recovery will be uneven, with a strong manufacturing rebound in the second halt, say economists §!L LOH CHENYI SINGAPORE’S economy is likely to grow by about 4 per cent this year after having contracted an estimated 2.2 per cent last year, two economists at the
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    • 265 20  -  By Bu NARENDRA AGGARWAL ECONOMICS CORRESPONDENT SINGAPORE’S all-important manufacturing output shrank a bigger-than-expected 22 per cent last December from a year ago, owing to a sharp drop in the production of the biomedical sciences cluster. The manufacturing sector’s overall production declined by 11.5 per cent for
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    • 472 20  -  By LEE SU SHY AN THE developer of the Kaki Bukit Industrial Park has gone belly-up, saddled with some $6O million of debts in what is believed to be Singapore’s first failure of an industrial park developer. The High Court earlier this month ordered
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    • 162 20 SINGAPORE stocks led the regional markets in gains for the second straight day on Monday on the back of robust institutional interest in local proxy stocks as well as renewed hopes of a global economic recovery. The blue-chip-led rally propelled the benchmark Straits Times Index
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    • Article, Illustration
      88 20 RAKING ITlNistayi ng afloat in turbulent waters, as Qian Hu executive chairman and managing director Kenny Yap demonstrates here, the Sesdaq-listed firm made a full-year profit of $3.4 million last year, up 8.4 per cent from 2000. Revenue rose 22 per cent to $41.2 million. The trader
      ALAN LIM  -  88 words
    • 229 20  -  By LORNATAN GLOBAL equity markets rebounded in the last quarter, but not enough to provide positive returns for the billions invested in Central Provident Fund-approved unit trusts last year. Seven in 10 lost money. However, consultancy William M. Mercer, which
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  • Page 21 Advertisements
    • 816 21 i cui yjuxiy ,\j\jl*. i uij lj inai l o i liYiijo The Straits Times Weekly Edition SIA invites applications for the position of: Insurance/Claims Manager Responsibilities: As a key member of the Insurance Department, you will assist the Departmental Head to oversee a team of insurance professionals in the
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  • Page 22 Advertisements
    • 1295 22 <(Roche)> Clinical Research Associates Nutritionist/ Dietitian Who we are Roche Singapore is a wholly-owned subsidiary of F.Hoffmann-La Roche, one of die world's leading research-based healthcare organisations. We are a leader in the global pharmaceutical industry with a rich combination of talented people, cutting-edge technology; constant innovation and total dedication to
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  • FORUM
    • 500 23 THE article, “Stat board right move: Stem-cell researchers” (ST, Jan 14), poses two interesting questions. Firstly, does science control humanity? Secondly, is the power of economic development unstoppable? Professor Ariff Bongso, of the National University of Singapore, is quoted in the article as hoping
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    • 136 23 I REFER to the letter, “Govt should be open about true costs” (ST, Jan 23), by Ms Wendy Lee Wan Fern, on the building costs and pricing of new Housing Board flats. The aggregate results of the Housing and Development Board’s Home-ownership Activity,
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    • 106 23 I REFER to “Women’s cancer screening kicks off” (ST, Jan 16). A 70-per-cent subsidy is being given to get more women 50 and above to check for breast cancer. In “Blood test cuts risk of prostate-cancer deaths” (ST, Jan 16), doctors urged men over
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    • 385 23 WE ARE a nation of campaigns. And the latest “Keep Left” campaign on MRT escalators is telling of Singaporeans and their consideration for others. Such campaigns illustrate three aspects of Singaporeans’ sense of civic awareness. First, they show just how far the authorities
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  • 475 24  -  High-level review panel calls for radical overhaul of training, bigger output of doctors and a new medical school at NTU Bu LIANG HWEE TING SINGAPORE needs more doctors to provide health-care services and even more for research work. To reach the goal of becoming
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  • 324 24 The New Straits Times KUANTAN Pahang’s most eligible bachelor is all praise for the former Singapore Girl he is to marry in July. “She has made my life wonderful and my world beautiful,” said Tengku Abdul Rahman Sultan Ahmad Shah, the 42-year-old son
    The New Straits Times  -  324 words
  • 342 24  -  Bn LIANG HWEE TING FEMALES made up 41 per cent of the medical students accepted by the National University of Singapore (NUS) last year, despite a long-held quota restricting their number to one third of the total. The quota, under government review, has been exceeded
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