The Straits Times : Weekly Overseas Edition, 12 August 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday August 12,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 55 1 DRUMMING IN THE 351H NATIONAL DAY: striking up an ethnic rhythm at the National Day Parade to celebrate Singapore’s 35th birthday, People’s Association performers kick off the display segment of the parade on Wednesday evening at the Padang. [More pictures and reports, pages 6
    LAVFOOK KONG  -  55 words
  • 581 1  -  Singaporeans today are among the better off in the world, PM Goh says in his National Day message By ASAD LATIF THE economy grew by 8.8 per cent in the first half of this year, Prime Minister Goh Chok Tong revealed on Tuesday.
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  • PRIME
    • 451 2  -  Speakers are lining up, among them civil-society activists who want to discuss hot current issues §1 YAP CHUIN WEI SPEAKERS’ Corner in Hong Lim Park will be graced by speakers from Sept 1. The opening date was announced by the police in a
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    • 412 2  -  DEATH AT PULAU HANTU KARAMJIT KAUR THE undergraduate had gone diving before, both in local and Malaysian waters. He was also a good swimmer and a karate student. But National University of Singapore student Lim Chun Keong, 22, drowned on Saturday during a dive practice
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    • 604 2  -  By BRAEMAMATHI THE new director of the Social Development Unit (SDU), Singapore’s national matchmaking agency, leads by example. Mrs Tan-Huang Shuo Mei, 43, first met her husband, Mr Richard Tan, 46, at an SDU function in 1988. They were attracted to each other immediately.
      JOHN COSGROVE  -  604 words
    • 110 3 THIS aerial platform truck used for high-rise rescues was at the centre of its own rescue on Monday. Two cranes were needed to get the Singapore Civil Defence Force vehicle upright after it overturned along Kramat Road at about 8 am. An SCDF spokesman said the
      PICTURES: JOYCE FANG  -  110 words
    • 427 3 Despite the traffic jams, traffic speeds along the Central Expressway average 45 kmh just within the LTA’s limits MOTORISTS will be spared from paying when they use the Central Expressway (CTE) in the evenings, for the time being. Speeds on the
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    • 394 3  - Not giving up the Net even for $1m Si CHUA MUIHOONG ONE in every three Singaporeans will not give up the Internet even if offered $1 million. And many others would rather give up television or books than the Net. The Internet has emerged as the lifestyle choice of Singaporeans,
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  • HOME
    • 479 4  -  Based on tax refunds, it was down from $1,550 per visitor last year, although the total sum spent during the event was up KOH BOON PIN VISITORS to Singapore appear to be more careful with their spending despite special offers and discounts during
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    • 343 4  -  By KARAMJIT KAUR SINGAPORE’S relentless battle against drug trafficking has moved to a new high. More than 220 tonnes of narcotics with a street value of a whopping $5.3 billion were seized and destroyed here in the three years from 1996 to 1998.
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    • 423 4  -  §1 NEALCOOKE THE lives of the Koh family were shattered when cabby Koh Ngiap Yong’s body was found at a deserted location with multiple stab wounds. The 4 2-year-old father of three, who started driving a taxi two years ago, had been stabbed four
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    • 566 5  -  When you’re older and slower, you risk doing harm to your patients, says Dr Gopal Baratham SALMA KHALIK SURGEONS must be made to retire from doing operations before their age catches up with them and they kill someone. This is the focus of Dr Gopal
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    • 234 5 A MAN thought he was producing harmless souvenir items when he printed Singapore currency notes, laminated them and put them up for sale at a shop. Tan Joo Seng, 34, who used a colour printer for the job, even marked the notes including those of
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    • 614 5  -  KAREN WONG SEVEN Singapore law firms on Thursday got the nod to form joint ventures with foreign law firms, in what is seen as a milestone in the legal profession here. In making the announcement, Attorney-General (A-G) Chan Sek Keong said the entry
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    • 654 6  -  The grandest N-Day bash yet offered many firsts like a new submarine and the return of the mobile column Bu SITIANDRIANIE AT THE Padang, Marina South and deep in the heartlands, signs of celebration were everywhere on Wednesday as Singapore marked its 35th birthday with its
      FRANCIS ONC; LAUFOOKKONC; STEVENLEE; STEPHANIE YEOW; CHEWSEXCXIM  -  654 words
    • 449 8 The newspaper, to be launched today at Orchard Road, wants to grab the young and wired THE new newspaper in town, Project Eyeball, plans to start by giving away its product free. For a week, at least. It will be launched today at
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  • Page 8 Miscellaneous
    • 1062 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES ItOO 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
    • 687 9 As the schools season comes to a close, GERARD WONG catches up with a young sprinter who has raised eyebrows with his recent performances ATHLETICS WHEN Kaing You Hour stood on the Bishan Stadium track two weeks ago waiting for the start of
      DESMOND FOO  -  687 words
    • 196 9  -  BADMINTON Gerard Wong AFTER helping Anglo-Chi-nese School (Barker Road) capture the Schools’ South Zone and National Badminton Championships B Division crowns this year, 14-year-old Alvin Foo went on to add an individual feather to his cap last week. The Sec 3 student was
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  • MALAYSIA
    • 460 10  -  Judge orders sentence to run after current jail term, which puts former Deputy PM out of action until the year 2014 By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Anwar Ibrahim was convicted of sodomy and sentenced to nine years’jail
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    • 377 10  -  By LESLIE LAU IN KUALA LUMPUR EXPECTATIONS that a huge crowd would show up at the Kuala Lumpur High Court in support of former Deputy Premier Anwar Ibrahim came to nought on Tuesday when barely 200 supporters turned up. Eight were arrested for illegal assembly
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    • 79 10 FORMULAS FOR SUCCESS I After six days of hard work, students and teachers at Sekolah Menengah Kebangsaan Padang Tengku in Kuala Lipis have made it into the Malaysia Book of Records (MBR) with a 2-km-long banner filled with mathematical formulas. The previous record was a 1.5-km banner
      NST  -  79 words
    • 355 10 AFP, Reuters WASHINGTON US VicePresident Al Gore risked igniting a new confrontation with Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad, branding the trial of former deputy premier Anwar Ibrahim as a mockery of justice. “I am deeply disturbed by the verdicts handed
      – AFP,; Reuters  -  355 words

  • SOUTH-EAST ASIA
    • 465 11  -  His resignation letter cites plan to restructure the Cabinet as primary reason for his decision By ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA Indonesia’s chief economics minister Kwik Kian Gie resigned on Thursday, days ahead of an imminent Cabinet reshuffle. Mr Kwik’s resignation
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    • 373 11 Rainbow Cabinet loses shine -AFP JAKARTA President Abdurrahman Wahid’s “rainbow” Cabinet is losing its lustre. Other than Thursday’s resignation of top Economics Minister Kwik Kian Gie, five other ministers have resigned or been dismissed from the Cabinet. The “rainbow” Cabinet was formed at the onset of President Abdurrahman’s rule nine
      -AFP; AP  -  373 words
    • 245 11 JAKARTA More resignations are likely to follow that of Coordinating Minister of Economy, Finance and Industry Kwik Kian Gie. Indonesian President Abdurrahman Wahid, clearing the way for an impending Cabinet reshuffle, said on Thursday that he was ready to accept more resignations from his government
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  • COMMENT
    • 603 12 MONDAY August 7,2000 ASK Singaporeans how they want Sentosa to come alive, and one would be bewildered by the array of suggestions. Roller-coasters, interactivetechnology attractions, virtualreality and movie-studio fantasies, white-knuckle rides, indoor surfing, a resort ambience to blend with its vegetation and water line... Most of these helpful
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    • 569 12 TUESPAY August 8,2000 WHAT Deputy Prime Minister Lee Hsien Loong said last week about a need for society to change its attitudes towards menial jobs, and those who do them, should not be regarded as only a noble sentiment. Were that the case, half the battle
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    • 626 12  -  SPOTLIGHT: CRIME RATE By CHONG CHEE KIN NEWS last Thursday that the overall crime rate here fell by 2.6 per cent in the first half of this year may look insignificant, going by the small figure. Not only that, the rate seems to
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    • 843 13  -  MY VIEW By LEOIVG CHING A CURFEW on late-night television was imposed in 1974. On Jan 12 that year, in 178 community centres across the island, raucous mass television-viewing sessions were asked to be quiet by 10.30 pm. This move was made
      CHRISTIAN INTON  -  843 words
    • 1051 13  - How to die laughing the Russian way LAST WEEK IN POLITICS By CHUALEE HOONG WHEN Suharto was still President of Indonesia, so a story goes, Mr Abdurrahman Wahid wrote an introduction to, and translated, a book of Soviet-era jokes, called How To Die Laughing The Russian Way. It was a
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  • INSIGHT
    • 1857 14 Should girls do national service For the umpteenth time, the issue of whether national service should he extended to girls has been raised. ASAD lATlF finds out if there are any fresh arguments —from the viewpoints of equality, biology and psychology LIM YIDA is quite certain that women should do
      UPI  -  1,857 words
    • 1223 15  -  THINKING ALOUD By HANFOOK KWANG I SOMETIMES play a mental game in my mind, imagining the worst that can happen and also the best. What can go wrong in this place here to bring hardship and misery to my children and
      ADAM LEE  -  1,223 words
    • 346 15  -  WHAT READERS SAY Susan Long LAST week’s Insight feature on Rage incited a flurry of e-mail and letters from a dozen readers. To account for Singaporeans’ shortening fuse, they cite various reasons, ranging from the instant Click culture to the high population density
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  • MONEY
    • 258 16  -  Azhar Khalid THE Singapore market which had a shorter trading week to celebrate National Day ended the week higher buoyed by traditional blue-cnip stocks. Dealers said that there was some programme buying by institutional funds towards the end of the week. That helped pushed the
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    • 2155 16 Company Date Mi) Net earn TY LY ($m> <$m) EPS TY LY (cts) <cts) Alexandra Jun 20 P 4.018 0.436 13.4 145 Air Ocean Jun 26 P 4.611 3.39S 2.02 1.49 AsiaPac Brew Jun 09 1 ***** ***** 12.4 11.3 AS Auto Jun 08 P 2.906 14.093L 2.50
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    • 74 16 Straits Tines Index The Straits Times Index rose 48.27 points on the week to 2101.00 DAY CLOSE TURNOVER Monday 2059.32(+ 6.59) 316.2m ($478.3m) Tuesday 2045.02 (-14.30) 391.4m ($579.2m) Wednesday Thursday public holiday 2084.33 (+39.31) 330.2m ($633.6m) Friday 2101.00 (+16.67) 462.7m ($742.5m) W-SM Index The BT-SRI Index gained
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    • 664 16 Payment (cts) Ex date Books dose Pay date A vi mo 20c 1 3 Aug 2 Aug 7 Aug 22 Australand A50c f A3.0 Aug 30 Sep 4 Sep 22 BukitSemb b 20 Sep 4 Sep 7 Sep 15 BukitSemb c 15 Sep 4 Sep 7 Sep 15
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    • 96 16 Company Description Boustead Proposed private placemant S'pore of 8,200,000 new ordinary shares of SS0.25 each in the capital of Boustead S'pore Ltd. In-principle approval has been granted by the Singapore Exchange Securities Trading Ltd for the fisting of and Quotation for the Placement Shares on the Official List
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    • 114 16 BONUS ISSUE ExBooks ACC Company Ratio date dose Paymt Koh one-for-one Aug 14 Aug 17 NA Brothers Comfort one-for-two Sep 13 Sep 18 NA Star Cruise four-for-one Aug 11 Aug 16 NA RIGHTS ISSUE ExBooks Acc Company Ratio date close Paymt OTHERS ExBooks Acc Company Ratio date dose
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    • 228 16 Company Place Date Time Chevalier A Pinetree Town Country Club 30 Stevens Road Ballmorai Hall ill J Basement) ’Vpore (*****0) Sep 8 10.00am Comfort Group A E Orchid Country Club Sapphire Suite Social Clubhouse Level 2 1 Orchid Club Rd S'pore (*****2) Sep 6 3.00pm Hong Fok E
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    • 1848 17 UNIT TRUSTS FUNDS Aug 12, 2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mot Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.385 1.455 UK Blue Chip Fd!** 0.899 0.945 American Opport Fd 1.090 1.145 Continental Euro Eqty Fd!** 1.231 1.293 Japan Eqty Fd!** 1.388 1.458 Asian Fixed Income Fd
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    • 316 17  -  Industry leaders say Singapore needs to foster its creative talent to help it become regional e-hub By By DENESH DIVYANATHAN THE lack of creative talent could be the single biggest obstacle in the way of Singapore’s drive to become a new
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    • 467 17  -  Bu CHEE JANN PERNG CONGLOMERATE Keppel Corporation on Monday released interim results that were mostly in line with expectations. However, its long-awaited restructuring plans remained in limbo. At a news conference when he announced that the group’s net profit for the six months
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    • 4379 18 Transaction date: Aug 11, 2000 MULTI INDUSTRY j i m i 1 H 'tdi i '-si 52-Wk Hiqh Curr Last Low Company Traded Sale ♦orVol '000 Day High Low Gr*s Div Net P/E M Cap l $mil Wt Avq Price 163 54 118.7 64 26
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    • 1476 19 BONDS, LOANS WARRANTS Transaction date: Aug 11, 2000 52-Wk High Low Company Last Sale +orVol Day '000 High Low Last Ouote Wt Avg Buyer Seller Price 51.5 14 s Acma W*****4 14 -0.5 64 14.5 14 14 14.5 15 38 4 s AIITech W*****7 ..6.5 4.5 6.5 31 24.5 s
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    • 1133 19 52-Wk High Low Curr Last Company T raded Sale +orVol '000 Day High Low Gr’s Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 202 98.5 c AS Auto 10c 106 +1 96 107 105 10 N 42.4 139.2 105 82 50 c ASJ Hldgs 20c 50
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    • 543 20  -  SGX says UOB investment banking arm misled the public over eWorldofSports.com listing; review of rules is now pending By IGNATIUS LOW FINANCE CORRESPONDENT THE investment banking arm of United Overseas Bank was publicly reprimanded by the Singapore Exchange (SGX) yesterday for misleading the public
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    • 167 20  -  Bu LEONG CHAN TEIK MR Danny Tan, chief executive officer of eWorldofSports.com (eWOS), is not a happy man. His company’s initial public offer was a flop. And his mood could not have been improved by the revelation that the underwriter had applied for a
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    • 599 20  -  By LEE SU SHYAN METALOCK chairman Kuah Kok Kim on Tuesday beat off the attempt to unseat him mounted by Mr Kurt Lindblad, the founder of the marine engineering company. After a tense three-hour annual general meeting (AGM), Mr Kuah succeeded in defeating the resolutions
      ADAM LEE  -  599 words



  • Page 19 Advertisements
    • 32 19 VEHICLES The Straits Times Classified. Classifications 302 393. CATS. Buy It. Sell It. Find It. TRAVEL GUIDE The Straits Times Classified. Classifications 573 587. C CATS. Buy It. Sell It. Find It.
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  • Page 21 Advertisements
    • 1075 21 rnmm The Singapore International Foundation, a non-profit, non-government organisation established in 1991 to further Singapore’s efforts in globalisation, invites Singapore citizens or permanent residents to apply for the following positions: MANAGER, FRIENDS OF SINGAPORE (FOS) PROGRAMME You will be part of the FOS team, organising fellowships, exchange and visit programmes.
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  • Page 22 Advertisements
    • 1291 22 Singapore Airport Terminal Services (SATS), provides airport ground handling services to over 45 scheduled airlines operating through Singapore Changi Airport. We invite applications for the post of: SYSTEMS ENGINEER You should possess a degree in Electrical/Mechanical/ Computer Engineering or Information System; be proficient in PLC programming, and be well versed
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  • FORUM
    • 583 23 I READ Mr Asad Latifs article, “Should girls perform national service?” (Page 14), with great interest and found the views expressed very enlightening. However, as an operationally-ready NSman, I was very disturbed by the comments made by Ms Dana Lam-Teo of
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    • 134 23 I DISAGREE with Dr Gopal Baratham (“Don’t operate, old surgeons urged”; ST, Aug 5) on the issue of whether surgeons should retire by the age of 60. As a practising surgeon, I can assure the public that many highly-skilled and competent surgeons work beyond 60
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    • 87 23 ON THE subject of surgeons being made to retire when they get old, I agree with Dr Lim Suet Wun, chief executive officer of the National University Hospital, that they should be subjected to a compulsory test every now and then. The conventional wisdom, “it’s
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    • 130 23 Learn to chill out, fellow S 'poreans Forgive me if i sound alarmist, but there seems to be a dangerous trend brewing these days people are becoming rather short-fused. Judging from the anger and frustration expressed regularly in the Forum pages, everyone seems to delight in venting his spleen on
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    • 353 23 I AM vehemently opposed to the recent proposal to have foreigners on our national soccer team to remedy the shortcomings of the existing national side. It is only appropriate that this issue be debated at a more formal level, rather than leaving it
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  • 495 24  -  Figure higher than pre-crisis days, as more workers lose jobs due to firms restructuring for the new economy, says Lee Boon Yang Bu SHARMILPAL KAUR WHILE the Singapore economy continues to boom, the latest unemployment rate for June was 3.5 per cent, significantly higher than
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  • 245 24  -  B}L CHONG CHEE KIN A BRICK wall in IMM Building at Jurong East collapsed yesterday afternoon, killing a shopper and injuring four others. The incident near the building s ground-floor information counter occurred after some renovation workers hacked at the wall of one of
    SIM CHI YIN  -  245 words