The Straits Times : Weekly Overseas Edition, 2 August 2003
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2003-08-02
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The Straits Times : Weekly Overseas Edition
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Title Section25 2003-08-02 1 The Straits Times Weekly Edition PACIFIC AREA NEWSPAPER OF THE YEAR Saturday, August 2,2003 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 090/03/200325 words
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Article, Illustration726 2003-08-02 1 ROGER MITTON - Trade pact all set to be enacted as law within 10 days after it passes US Senate—with a comfortable majority of votes By ROGER MITTON US CORRESPONDENT WASHINGTON The USSingapore free trade agreement has cleared its final hurdle, with the Senate voting firmly in favourLAU FOOK KONG - 726 words
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Page 1 Advertisements
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Advertisement72 2003-08-02 1 MED I A Good As Gold 03 I>. X in The Straits Times has won two top design and infographics against leading newspapers from Asia. PACES Tli(»Strai!sTiin<‘s Co't reveals plot to spark religious iofence here &3*afsr. *l-1 TE Construction High Cost Of Building Bungalows Singapore is still by far one72 words
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PRIME
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Article, Illustration908 2003-08-02 2 DERWIN PEREIRA - Indonesian intelligence official says the terror group aims to launch a Bali-style attack in the region in next few months DERWIN PEREIRA INDONESIA CORRESPONDENT JAKARTA With several of its members captured or on the run, five men have moved to the top of the JemaahMIKE M DIZON - 908 words
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Article, Illustration416 2003-08-02 2 CHRISTOPHER TAN - CHRISTOPHER TAN SENIOR COKRF.SPOX'DKXT GAS supply tycoon Teo Kiang Ang on Thursday got the phone call he had been waiting for for two months. The Land Transport Authority rang “between 4pm and spm” to tell him he has secured a416 words
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532 2003-08-02 3 SANDRA DAVIE - And some, such as Changkat, have already started seeing good results from their efforts By SANDRA DAVIE EDUCATION CORRESPONDENT IF SCHOOLCHILDREN are not mixing across racial lines, their schools know best how to improve the situation, and some have already532 words
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Article, Illustration117 2003-08-02 3 FUN IN DIVERSITY: Having fun together, as well as working together, a mixed-race group of Admiralty Primary pupils on their way to school. Pupils in the school learn about Singapore’s main cultures in its arts education programme. Primary 3 pupils learn Malay dance in PE, try batikAT.BERT SIM - 117 words
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859 2003-08-02 3 SUE-ANN CHIA - By SUE-ANN CHIA ACTING Manpower Minister Ng Eng Hen said on Thursday that Nanyang Technological University (NTU) economists were way off the mark by claiming that most new jobs created in the past five years had gone to foreigners. The economists had said859 words
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HOME
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590 2003-08-02 4 KELVIN WONG - Consumer confidence is at a 15-month high, showing a sharp jump in June, helped by the end of Iraq war and Sars outbreak *L KELVIN WONG CONSUMER confidence in Singapore in June rose to its highest in 15 months as Singaporeans’ expectations for590 words
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Article, Illustration798 2003-08-02 4 SUE-ANN CHIA; and REBECCA LEE - SUE-ANN CHIA and REBECCA LEE THE labour movement is putting the heat on employers to stop dithering over wage reforms and is urging company boards to direct management to act immediately. They are giving too many excuses for theSTEVEN LEE - 798 words
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429 2003-08-02 4 KELVIN WONG - Bu KELVIN WONG NTUC Fair Price on Monday assured its 5,000 staff that there would be no retrenchments and that the supermarket giant would, in fact, be hiring. The chairman of the homegrown labour cooperative, Mr S. Chandra Das, said that Fair Price workers429 words
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Article, Illustration77 2003-08-02 5 A CUT ABOVE: The change in Madam Lee Heng Pheng’s hairstyle may he subtle, but to the KK Women’s and Children’s Hospital nursing director, 53, it makes all the difference. Le Salon’s creative director Daniel Ng is giving her and seven other Sing Health nursing directors aPHOTOS: HOW HWF.F. YOUNG - 77 words
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401 2003-08-02 5 FAR fewer people have been dialling 995 for an emergency ambulance when the situation is not life-threatening. Non-emergency calls made to the Singapore Civil Defence Force’s (SCDF) Emergency Ambulance Service’s (EAS) number 995 fell by onethird or 33 per cent in the first401 words
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451 2003-08-02 5 BRYAN LEE - *L BRYAN LEE THE world’s second-biggest computer maker, HewlettPackard, has turned to Singapore to staff its research needs, after running out of suitable engineers in California’s famous Bay Area tech-hub. Hewlett-Packard (HP), second in size only to Dell, is making Singapore its sole hardware451 words
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Article554 2003-08-02 5 NICHOLAS FANG - Senior managers hardest hit as company restructures wage system to keep costs down and stay regionally competitive By NICHOLAS FANG TRANSPORT RFPORTER SINGAPORE port operator PSA Corp has cut the wages of virtually all its 5,182 staff based here by up to 14554 words
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569 2003-08-02 6 SALMA KHALK - To attract patients, private hospitals offer special discounts that make some procedures cheaper than in public ones By SALMA KHALK HEALTH CORRESPONDENT IN A bid to bring back the patients, private hospitals are offering special discounts that make them cheaper than public hospitals for569 words
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513 2003-08-02 6 CAMILLA CHIAM - Bjl CAMILLA CHIAM INDONESIA is introducing an accreditation system for maid recruitment agencies on Friday, while employers must sign an employment agreement. So far, 186 agencies have been given approval. The employment agreement lists 10 terms, including giving a rest day513 words
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Article, Illustration441 2003-08-02 6 BRUCE CHONG - bjl BRUCE CHONG THE Straits Times has won two top awards against leading newspapers from Asia. The Singapore Press Holdings flagship publication beat about 15 contenders to clinch the Best in Design (Gold) and Best in Infographics (Gold) prizes at a mediaREITERS - 441 words
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Article, Illustration657 2003-08-02 7 VLADIMIR GtEVARRA - Cost of building one here is second only to Hong Kong, says a survey, raising question: Are builders overcharging? By By VLADIMIR GtEVARRA CONTRACTORS are undercutting each other with be-low-cost bids, but Singapore is still by far one of the most expensive places toADAM LEE - 657 words
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Page 7 Miscellaneous
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Miscellaneous1061 2003-08-02 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 Word1,061 words
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COMMENT
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Article563 2003-08-02 8 TUESDAY July 29, 2003 ONE good thing that can be said about the mutiny by disgruntled Philippine soldiers is that the 19-nour stand-off ended on Sunday night without any bloodshed. That’s some consolation but it is hardly the end of President Gloria Arroyo’s troubles. Grave damage has563 words
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Article611 2003-08-02 8 THURSDAY July 31,2003 THE results of the study on the lack of inter-racial mixing in primary schools reported in this newspaper make for worrying reading. The six-month research project carried out last year by a National Institute of Education team shows that children tend to stick611 words
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921 2003-08-02 8 ANDYHO - By ANDYHO SENIOR WRITER HOMOSEXUALS and their sympathisers tend to assume that an explanation of biological destiny that gays are hard-wired to be gays will lead to greater sympathy since this would mean they “can’t help” being gay. To my mind however, that approach is921 words
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COMMENT/PERSPECTIVE
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Article, Illustration921 2003-08-02 9 SHARON LOH - THE WAY I SEE IT By SHARON LOH THE suit brought by actress Andrea d’Cruz against parties who sold her the diet pill, Slim 10, has had its TV moments, but as the court eventually retires to rule on the case, bystanders will be leftLI’DWIC 11.10 - 921 words
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1030 2003-08-02 9 EDDIE LEE - EDDIE LEE SENIOR WRITEK ABOUT a decade ago, a study by the National Research Council in Washington concluded that the time it takes to lose half a worker’s skills due to changes in technology and knowledge had declined from between seven and 14 years1,030 words
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INSIGHT
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Article, Illustration2029 2003-08-02 10 Workers feel like they are going through a wringer. Note the unions seem to be sucked into the vortex as well. TAN TARN HOW and SUE-ANN CHIA look at how the forces of globalisation may leave in their wake a changed union-worker relationship THE labour movement is inMIFI. - 2,029 words
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Article, Illustration1019 2003-08-02 11 anJAMUI HOONC - THINKING ALOUD Btj anJAMUI HOONC WHEN even Senior Minister Lee Kuan Yew says “I don’t know", you know these are unsettling times. And when even union leaders say how helpless they feel as companies cut wages or axe workers relentlessly, you know you cannot rely1,019 words
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SOUTH-EAST ASIA
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Article490 2003-08-02 12 BRENDAN PEREIRA - Better to talk to each other, says Mahathir; Abdullah warns against fraud, saying anyone can send such messages BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR A court ruling allowing Muslim men to end their marriages through SMS has struck a raw nerve in Malaysia, with even the490 words
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543 2003-08-02 12 REME AHMAD - By REME AHMAD IN KUALA LUMPUR IN A bid to keep Malaysia on the radar screens of foreign investors, the government has dismantled another key ruling on bumiputera participation in business. The Cabinet decided at its weekly meeting on Wednesday that firms543 words
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Article, Illustration69 2003-08-02 12 SOLID GOLD: Malaysia is offering a new wav for people to save oy buying the Gold Dinar coin, which comes in two denominations: a one-Dinar which is valued at RMIBI (SsB4) and a quarter-Dinar, valued at RM52.50. The coins will be sold to the public this month. TheNEW STRAITS TIMES - 69 words
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565 2003-08-02 12 ROBERT GO - By ROBERT GO THE STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesia’s new copyright laws promise a tough bite. They give law enforcers the right to crack down on pirated contraband and may improve Jakarta’s standing with the United States and other source countries of565 words
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MONEY
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652 2003-08-02 13 TRADING in the Singapore market was choppy this week and the lack of fresh leads from Wall Street gave investors little reason to chase stock prices higher. The Straits Times Index (STI) fell 9-9 points on the week to 1557.10. Average652 words
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Article124 2003-08-02 13 WEEK'S TOP RISES Cents Volume ChODBeCWO9IO26 ***** 1393.4 7.3 300 Dairy Farm 164 40.6 16.3 3,525,300 B Sembawanq 1320 40.0 3.1 39,000 CSC 535 39.0 7.9 4,960.000 Great East 50c 1030 35.0 3.5 616.000 VentureCorp2sc 1800 30.0 1.7 3,016,000 YHI Intnl 20c 82 25.5 45.1 36,842,000 Nat Steel 50c 291124 words
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Article140 2003-08-02 13 WEEK'S TOP RISES Cents Volume New Toyo W *****7 13 188.9 8.5 16,002,000 PanpacMed W *****9 1.5 50.0 0.5 292,000 YHI Intnl 20c 82 45.1 25.5 36,842,000 Greatronic Ltd 5c 14.5 38.1 4.0 9,577,000 Integra 5c 11 37.5 3.0 163,717,000 Jacks Int 20c 15 36.4 4.0 30,000 Transit 15c 15140 words
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Article129 2003-08-02 13 WEEK'S TOP FALLS Cents Volume JMH US25c 400 665 -79.4 -6.3 975,200 SPH 1860 -40.0 -2.1 3,379,000 JSH US5c 500 316 -38.8 -6.5 1,039,500 HK Land USIOc 118 -33.5 -13.9 16,222,000 SPH 100 1890 -30.0 -1.6 101,300 Creative T 25c 1440 -20.0 -1.4 795,600 UOB 1310 -20.0 -1.5 11,833,000 TACBIIO129 words
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Article132 2003-08-02 13 WEEK'S TOP FALLS Cents Volume Cyber Vill 5c 4.5 -18.2 -1.0 134,000 Kian Ho 10c 13 -16.1 -2.5 23,000 HK Land USIOc 118 -13.9 -33.5 16,222,000 Cathay Orq 25c 19 -13.6 -3.0 53,000 HuaKok 5c 6.5 -13.3 -1.0 2,596,000 BakerTech2oc 11 -12.0 -1.5 5,000 RotollOc 11 -12.0 -1.5 173,000 PDC132 words
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Article86 2003-08-02 13 Straits fines Index Th« Straits Times Index fell 9.9 points on the week to 1557.1. DAY CLOSE TURNOVER Monday 1,587.16 («20.2) 963.25 m (600.04 m) Tuesday 1,580.88 (-6.3) 817.41 m (493.46 m) Wednesday 1,578.19 (-2.7) 898.17 m (476.08 m) Thursday 1,558.87 (-19.3) 875.73 m (562.41 m) Friday86 words
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Article, Illustration590 2003-08-02 13 BRYAN LEE - Manufacturings contraction last month slows year-on-year decline and grows 2% from May signs of budding recovery Bti} BRYAN LEE IN WHAT economists see as the first sign of a nascent recovery, Singapore’s main growth engine, manufacturing, managed to slow the year-on-year decline in output to 7-3590 words
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573 2003-08-02 14 BRYAN LEE - Ministry declines to disclose specifics of Dr Lee Boon Yang’s decision, citing commercial sensitivity of the cabling matter By BRYAN LEE THE Minister for Information, Communications and the Arts has made known his decision on a protracted cabling tussle between Sing Tel and Star Hub573 words
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437 2003-08-02 14 LORNATAN - bil LORNATAN AXA LIFE Insurance has taken legal action against rival Manulife and four former advisers for allegedly misappropriating and misusing confidential data belonging to its clients and the company. Sources say that Axa’s move initiated last week came after some of its437 words
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Article, Illustration499 2003-08-02 14 MATTHEW PHAN - Bit MATTHEW PHAN CHENNAI and Kuala Lumpur are fast emerging as ideal locations for regional banking processing hubs, Standard Chartered Bank (Stanchart) says, in a sign that a recent plan to secure that role for Singapore could hit difficulties. Based on aSources: STANDARD CHARTERED; BONG FORTIN Photo: AFP - 499 words
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Page 13 Advertisements
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Advertisement27 2003-08-02 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.ftindssupermart.com www.singaporeexchange.com27 words
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FORUM
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1164 2003-08-02 15 Remaking Singapore THE Prime Minister in his National Day Address 2002 said: “In Remaking Singapore, we need to go beyond economics. The third generation of post-independence Singaporeans has different aspirations and expectations from the founder and second generations. “How do we help them in1,164 words
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Article432 2003-08-02 15 AS A Malaysian, I concede that I sometimes cringe at the statements made by certain Malaysian government officials and the manner in which the message is delivered. The emotional outbursts contrast with the calmer approach of the Singapore side. If issues are decided432 words
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197 2003-08-02 15 I REFER to the article, “Here’s good news from Fair Price” (Page 4). NTTJC Fair Price’s assurance that it will not retrench workers but instead will hire additional staff is a piece of good news, coming after the many retrenchment exercises involving companies such as197 words
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553 2003-08-02 16 SANDRA DAVIE; mill YVONNE KOH - Now junior college and secondary school high-fliers can take undergraduate courses, earning credits towards degrees By SANDRA DAVIE mill YVONNE KOH TWO universities are throwing their doors open to gifted junior college and secondary school students, who will be able to take undergraduate553 words
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Article, Illustration48 2003-08-02 16 A man watches women in bikinis make a splash at the new Downtown East swimming complex, which was officially opened last week. The Olvmpic-size pool on the second deck features three glass panels, giving new meaning to swimming as a spectator sport. CIIFAVSENC KIMCIIFAVSENC KIM - 48 words
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615 2003-08-02 16 TRACY QUEK - Bu TRACY QUEK SINGAPORE’S top colleges Hwa Chong and Raffles have been given the go-ahead to go independent. Hwa Chong is set to cut its apron strings to the Ministry of Education next year, while Raffles will be ready to do so in615 words