The Straits Times : Weekly Overseas Edition, 7 June 2003

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Total Pages: 16
1 16 The Straits Times : Weekly Overseas Edition
  • 27 1 The Straits Times Weekly Edition PACIFIC AREA NEWSPAPER OF THE YEAR Saturday, June 7, 2003 Price: S$ 1.20 (in Singapore) Elsewhere by subsription only MITA (P) 090/03/2003
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  • 625 1  -  Hotels and other industry players which attract visitors will get a share of the money under a new scheme set up by tourism board By CHEONG SUK-WAI CONSUMER CORRESPONDENT SHOW the Government that you are able to woo tourists to Singapore’s shores, and it will
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  • 279 1 THE Special Olympics team has been given the green light to compete in tne World Summer Games in Dublin this month. The group of intellectually disabled athletes had been barred from taking part by games host Ireland, as the Republic
    WONG KWAI CHOW  -  279 words
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  • PRIME
    • 636 2  -  ssl NATALIE SOH WITH prayers, hymns and eulogies, about 1,400 mourners and the Who’s Who of Singapore’s medical leaders gathered last Sunday for an outpouring of remembrance and farewell to Dr Alexandre Chao. The near three-hour service gave the assembly of family, colleagues
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    • 264 2  -  Ben Nadarajan FOR five minutes in court on Tuesday, beer promoter Low Ai Cheng, 48, insisted that she was no litterbug. The offending piece of tissue paper “fell” from her hand while she was with a friend at a New Upper Changi Road food
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    • 544 2  -  Those at the front line of the battle against Sars will have their efforts and courage recognised, promises Prime Minister Goh Btt NEO HUI MIN THE numerous calls from the public for health-care workers to receive National Day honours have not gone unheard. All those who
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    • 81 2 IN OUR report “Fee changes, choices for undergrads”, on May 31, we quoted Dr Ng Eng Hen, the Acting Manpower Minister and Minister of State for Education, as saying that Singaporeans who “go to the United States to study” get to “enjoy quite a substantial
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    • 415 3  -  SI A turns to mediation a day after wage-cut talks stall, but talks between airline and its pilots association remain inconclusive BtL REBECCA LEE MEDIATION talks between Singapore Airlines and its pilots’ union to resolve the dispute over proposed wage cuts began yesterday but ended
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    • 553 3  -  SM Lee: Japan must keep coming up with new products KWAN WENG KIN JAPAN CORRESPONDENT TOKYO Senior Minister Lee Kuan Yew on Wednesday gave the Japanese a few pointers on how to remake their country, including creating unique products that others will clamour
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    • 117 3 THE contents were supposed to be fruit juice. But when the container truck drove through the Tanjong Pagar Scanning Station on Wednesday morning, images of bottle necks showed up on the scanner. That made the Immigration and Checkpoints Authority officers suspicious. When they
      ONC CHIN KAI  -  117 words
    • 380 3  -  By YANNITAN THERE will no grand graduation ceremonies for National University of Singapore students this year. Instead of fanfare and crowds, the events will be quiet and small. However, students will graduate about two months earlier in July rather than September. The break from tradition,
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  • HOME
    • 617 4  -  Iranian sisters joined at the head will be separated in Singapore next month, with international experts flying in to help out in LEE HUICHIEH DOCTORS here are going ahead with a high-risk operation to separate a pair of Iranian twin sisters joined at
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    • 285 4 ON JAN 23,1824, Sir Stamford Raffles wrote a letter to Mr John Maxwell, secretary of the board of trustees to the Singapore Institution, authorising him to push for the development of the school. That school became the Raffles Institution. The letter also survived and has passed
      AZIZ HUSSIN  -  285 words
    • 423 4  -  By’] TAY CHENG KHOON DEPUTY SPORTS EDITOR SEVEN premier league sepak takraw players were arrested by the Central Narcotics Bureau (CNB) for suspected drug abuse last week. The CNB has confirmed the arrests and said that their instant urine tests had shown traces
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    • 399 4 99,000 bids received for N-day Parade tickets on fist day New balloting system is hassle-free, but some still have grouses AROUND 99,000 requests for National Day Parade tickets were received on Wednesday, the first day of the new alloting system using phones, the Internet and AXS stations. Three in four
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    • 566 5  -  IN MARINE TERRACE *fiL LEONG PIK YIN A HOUSING Board main upgrading project in Marine Terrace has had three changes of contractors since work began in December 2001, and now work has stopped. Residents of the nine blocks involved say they are fed
      WONG KWAI CHOW  -  566 words
    • 537 5  -  Contractor stops work after running into financial difficulties; about 560 flat buyers forced to look for alternative housing Bt/J LEONG PIK YIN ABOUT 560 applicants who booked one of tne new Punggol 21 flats have been forced to look for alternative housing because the construction
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    • 460 5  -  Bjl THERESA TAN NEWSMAN Travel, a tour agency known for its coach tours to Malaysia and package holidays to Asian destinations, has closed down, leaving some customers in the lurch. It is the largest of the 11 tour agencies that have shut shop
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    • 664 6  -  America needs to cultivate its friends so that its pre-eminence does not lead to unilateralism, Mr Lee tells security conference By TAN TARN HOW AMERICAN global pre-emi-nence must not lead to unilateralism or it may end up with fewer allies as countries
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    • 489 6  -  Bjl WILLIAM CHOONG EMERGING from their highpowered pow-wows, top government officials usually present a united front on issues ranging from drug trafficking to terrorism. At the top security conference, however, delegates saw a bout of verbal jousting between the defence chiefs of
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    • Article, Illustration
      188 6 S'PORE’INDIA FTA CRUCIAL SINGAPORE’S proposed Free Trade Agreement (FTA) with India is important not just because it would strengthen bilateral relations but it will also serve to increase the links between India and South-east Asia. The proposal, which goes by the formal name of Comprehensive Economic Cooperation Agreement (Ceca),
      TAN SUAN ANN; WONG KVVAI CHOW  -  188 words
    • 442 6  -  Bxl FELIX SOH YOU may call it a talkfest. Or a wordfest. But after three days of verbal exchanges, speeches and presentations of papers, the second Asia Security Conference was actually more substantial. Some significant trends on security in the region and the
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    • 606 7  -  Satay Club at Clarke Quay will reopen this month with ostrich ana emu satay, international cuisine and a wine bar too By' CAMILLA CHIAM WAITRESSES on in-line skates will be serving satay at the new-look Satay Club at Clarke Quay, when it reopens later
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  • Page 7 Miscellaneous
    • 1061 7 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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  • COMMENT
    • 579 8 WEDNESDAY June 4,2003 IT has been uplifting how Singaporeans opened their hearts and wallets to the Courage Fund, started to honour health-care workers in the fight against Sars. Indeed, spontaneous support coming in lean times from small shopkeepers, multinational corporations, overseas Singaporeans to the expatriate community
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    • 542 8 FRIDAY June 6,2003 THE hoary subject of an Asean security alliance was given its due airing at the just concluded Asia Security Conference. Just as predictably, the conclusions offered up such as the views of a group headed by Mr Douglas Hurd, a former British foreign secretary
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    • 990 8  -  THE WAY I SEE IT By LYDIA LIM THE seniority-based wage system is like an escalator. If you stand on it long enough, you’ll eventually get to the top, without having done much more than let your hair grow grey. This was an
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  • COMMENT/PERSPECTIVE
    • 699 9  -  By CHRISTOPHER TAN SENIOR CORRESPONDENT INVESTORS banking on a windfall from ComfortDelGro Corp’s maiden attempt at the rail business might be in for a sobering ride. Its subsidiary SBS Transit, which has been appointed to run the NorthEast Line (NEL), won’t see
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    • 921 9  -  By DAVID HOEY DEFENCE CORRESPONDENT THE name Shangri-La may conjure up visions of ageless bliss, but the slate of topics discussed at the defence talks over last weekend at the luxury hotel of the same name in Singapore was anything but soothing. Nightmare scenarios
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  • INSIGHT
    • 2051 10 SIA has been losing more than $6 million a day and says it not only has to cut wages but also reform its wage structure to beat the intense competition it was already facing even before the Sars scare. REBECCA \SLofthe Political Desk takes a
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    • 1025 11  - Enough doom and gloom let's celebrate THINKING ALOUD By PAUL JACOB OVER the course of last weekend, there were a sizeable number of people out there popped the champagne... or had a celebratory beer. It doesn’t really matter what the drink was. The event was the real cause. Because the
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  • SOUTH-EAST ASIA
    • 386 12  -  BALI BLASTS DEVI ASMARANI THE STRAITS TIMES INDONESIA BUREAU JAKARTA Muslim militant Imam Samudra went on trial on Monday on charges of masterminding last years Bali nightclub bombings. The 33-year-old faces death by firing squad if the court finds him guilty. The trial is
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    • 453 12  -  §1 WILLIAM CHOONG HUNTED down and sent packing by Western governments, Al-Qaeda’s focus has now shifted back from the West to the Middle East. But if the global terrorist network is not clamped down in that volatile region, Southeast Asia will soon feel the heat,
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    • 657 12  -  The Sars epidemic is abating and Asia now gears up for another battle reviving a tourism industry reelingfrom the devastating impact BtL SHEFALIREKHI WITH the battle against the Sars bug now seemingly in control, Asia is abuzz with a new campaign to win tourists back.
      REUTERS  -  657 words

  • MONEY
    • 645 13 WITH so much liquidity sloshing around the market, the benchmark Straits Times Index (STI) surged 90.3 points on the week to 1,439-25 on hopes of a second half recovery. The rally was paced by a 28.28 per cent jump in average daily turnover which
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    • 125 13 WEEK'S TOP RISES Cents Volume ChODBeCW091US$.... ***** 275.7 1.5 500 Creative T 25c 1330 170.0 14.7 4,485,800 SPH 1840 170.0 10.2 12,002,000 SPH100 1840 160.0 9.5 404,900 B Sembawang 1200 100.0 9.1 13,000 UOB 1210 100.0 9.0 17.393.000 DBS Grp 1070 90.0 9.2 25,138,000 SIA 50c 1050 90.0 9.4 18.680,000
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    • 132 13 WEEK'S TOP RISES Cents Volume Mediastream 5c 2.5 150.0 1.5 41,272,000 BBRHIdqs 5c 2 100.0 1.0 54,058,000 Benefun20k HKIc 2 100.0 1.0 59,240,000 El-Nets 1c 2 100.0 1.0 114.029,000 KingWan W*****4 1 100.0 0.5 215,000 LSM 1C 2 100.0 1.0 311,058,000 Yongnam 20c ...3.5 75.0 1.5 31,771,000 Inno-Pac 1c 6
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    • 75 13 Straits Times Index The Straits Timas Inda* rosa 90.3 paints on tha waak ta 1,439.25. DAY CLOSE TURNOVER Monday 1,380.72 (*31.7) 1.55b (813.13m) Tuesday 1,378.39 (-2.3) 1.18b (672.96m) Wednesday 1,401.20 (+22.8) 846.15m (531.73m) Thursday 1,427.61 (*26.4) 1.49b (990.32m) Friday 1,439.25 (*11.6) 980.33m (540.81m) BT-SRI Index The BT-SRI
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    • 135 13 WEEK'S TOP FALLS Cents Volume F&N 840 -30.0 -3.4 4,242,000 HL Asia 20c 124 -8.0 -6.1 5,319,000 Marco Polo 190 -8.0 -4.0 766,000 GP Bat 80c 234 -6.0 •2.5 662,000 SBSTransit 500 25c. 138 -6.0 •4.2 1,387,000 Huan Hsin 20c 95 -4.0 -4.0 4,084,000 Juronq Cement 65 -4.0 -5.8 259,000
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    • 137 13 WEEK'S TOP FALLS Cents Volume ASTI W*****1 4.5 -25.0 •1.5 223,000 SimSiangC 5c 10.5 -25.0 -3.5 1,099,000 Chuan SoonHuat W0312.... 2 -20.0 -0.5 110,000 SHC Capital 10c 12 -20.0 •3.0 39,000 TSM Res 5c 16 -20.0 -4.0 378,000 Wlzoffice 5c 6 -20.0 •1.5 38,674,000 Reed Grp 5c 13 -16.1 -2.5
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    • 608 13  -  CVC Asia Pacific and JP Morgan Partners Asia come out tops with joint bid of s22om, beating rivals’ offers By HUGH CHOW THE publisher of Singapore’s Yellow Pages directories is being sola to a consortium of private equity investors for some $220
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    • 564 14  -  Slew of stronger economic data from US plus stock market rallies raise hopes of Singapore seeing firmer recovery soon B .y. AUDREY TAN ECONOMICS CORRESPONDENT SINGAPORE now looks poised for a stronger economic rebound in the second half of this year, given an
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    • 458 14  -  Btl AUDREYTAN SESDAQ-BOUND bakery chain Bread Talk Group hopes to raise $6.4 million in its newly launched initial public offer (IPO), to expand its bakery business overseas and diversify into other food and beverage businesses. Its first stop will be Shanghai,
      BUSINESS TIMES  -  458 words
    • 574 14  -  §1 AUDREY TAN BANKS in Singapore wrote off $15.6 million in credit-card debt in April the highest monthly amount on record that they have failed to recover from borrowers. The bad debts are being run up by professionals and businessmen alike, as the
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  • Page 13 Advertisements
    • 27 13 Log on to check prices Readers who want to see the latest stock-price and unit-trust listings can log on to the following websites: business-times.asial.com.sg www.asial.com www.fundssupermart.com www.singaporeexchange.com
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  • FORUM
    • 296 15 AS A Singapore citizen studying abroad, I was disturbed by the reaction of local businesses to the country being taken off the World Health Organisation’s list of Sars-affected areas. Is mass shopping really the kind of reaction that we want to see from Singaporeans
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    • 299 15 I REFER to Mr Bryan Wee’s letter, “Why celebrate Sars all-clear by shopping?” If I understand him correctly, he feels that by encouraging Singaporeans to indulge in a “six-week shopping spree”, we are adding insult to the injury suffered by those who have lost
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    • 309 15 I REFER to senior correspondent Christopher Tan’s commentary, “Will SBS become the SQ of the subway?” The issue which I would like to take up here is his speculation that commuters might not mind paying higher fares should the new North-East MRT
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    • 559 15 WE REFER to Ms Rebecca Lim Sin Mei’s letter, “Stress? Wait till you hear about children in China” (ST, May 21). She said that the Singapore education system should maintain its level of stress or raise it to be comparable to that of
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  • 502 16  -  Aim is to help reverse declining number of users. They will be ranked on factors sucn as course attendance and use of premises Btl M. MRMALA ALL 110 community centres and clubs here will soon be ranked on how effective they are in
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  • 562 16  -  Vans will sell drinks and food in carparks in the city area every morning Bu TANHUIYEE PEOPLE in the city will be able to get their morning cuppa and a packet of nasi lemak at a carpark from next month. The Urban Redevelopment Authority (URA) is
    MALCOLM MCI.EOD  -  562 words