The Straits Times : Weekly Overseas Edition, 9 February 2002

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times Weekly Edition Saturday, February 9 2002 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 304/03/2002
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  • 932 1 Body will lie at his home till funeral on Tuesday; State flag will fly at half mast at all govt buildings as a mark of respect FORMER President Ong Teng Cheong died last night at his Dalvey Estate home just four days after his discharge from hospital.
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  • Page 1 Advertisements
    • 54 1 Entrepreneurship Wanted: Bohemias To create a more entrepreneurial culture here, orderly Singapore needs a few ‘little Bohemias’, declares S M Lee. page 4 H E R ITAGE Herlion On The Move The Merlion celebrates its 30th birthday this year and the part-fish, part-lion icon will get a facelift and a
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    • 1 1 *****6,,L81Z88
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  • PRIME
    • 537 2  -  They again flouted uniform rules on Monday; third schoolgirl is given till Monday to comply Schoolgirls In Headscarf Controversy SANDRA DAVIE and AHMAD OSMAN THE two Primary 1 schoolgirls at the centre of the tudung controversy were suspended from school on Monday when they continued
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    • 468 2  -  Bu AHMAD OSMAN THE Islamic Religious Council of Singapore (Muis) on Tuesday urged the parents of four Primary 1 pupils to send their daughters back to school without the Islamic headscarf. The advice came from Muis president Maarof Salleh after he consulted Mufti Syed Isa Semait,
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    • 281 2 THE Straits Times will bid farewell to Times House on Monday night, after its Chinese New Year edition goes to print. From Wednesday, the paper’s .'371 staff members will report for work at the new Singapore Press Holdings (SPH) headquarters in Toa Payoh North. Tuesday,
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    • 378 3  -  §2L KAREN WONG FILIPINO maid Gina Batta Narang had bought a loaf of bread and was walking back to her employer’s Upper Thomson home one night when she spotted a black dog in her path. She crossed the road to avoid going near
      Pictures: LAU FOOK KONG  -  378 words
    • 650 3 Special Assistance Plan schools are very valuable and will not be closed down, says PM Goh SPECIAL Assistance Plan (SAP) schools are here to stay, Prime Minister Goh Chok Tong said on Tuesday. “SAP schools are very valuable, they’re not going to be closed
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    • 410 3 MOTORISTS will no longer lose their no-claim discount (NCD) automatically when they make a claim on their ve-hicle-insurance policy. Thirty-five companies here which insure vehicles are now offering extended policies to protect motorists’ NCDs, the General Insurance Association of Singapore (GIA) announced on Wednesday. The
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  • Page 2 Advertisements


  • HOME
    • 691 4  -  If you’re able, go into business. To help, Govt will keep direct taxes low and release more scholars to private sector Btl SUSAN LONG SENIOR Minister Lee Kuan Yew on Tuesday night spelt out steps that Singapore can take to foster a more
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    • 559 4  -  By SUSAN LONG THEY had come to hear the “Entrepreneur of Singapore Inc” as one member of the audience dubbed Senior Minister Lee Kuan Yew speak on creating a more entrepreneurial culture here. On Tuesday, they crammed into a Suntec City ballroom and
      PHOTOS: GEORGE GASCON  -  559 words
    • 228 5 EMBRACE the culture of different races by visiting their places of worship. This is the Inter-Racial Confidence Circle, Joo Chiat style, said Mr Chan Soo Sen, the MP for the area. Prime Minister Goh Chok Tong said recently that a confidence circle, or
      GEORGE GASCON  -  228 words
    • 501 5 In spite of the recession, many are still heading abroad this Chinese New Year but tor shorter trips and to nearer places GIVE Singaporeans a long weekend and chances are, they will leave the country. The present recession is not stopping some families from taking
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    • 476 5  -  iIL GIMME TEO AS THE travel industry shows more signs of recovering, Singapore Airlines announced on Tuesday that it will reinstate five services it had cut last year when demand fell after Sept 11. It will also add more flights to Shanghai in China, and
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    • 553 6  -  ELENA CHONG COURT CORRESPONDENT FIRST, hospital secretary Chua Sok Hong received an anonymous letter cursing her and her family. The letter wished them the “worst new year and bad luck” and called her “ugly, very fat, very short and mean”. It concluded with the
      Pictures: THOMAS WHITE  -  553 words
    • 646 6  -  Admiralty Court will boost Singapore’s position as top port and help encourage major shippers to do business here By TANOOI BOON ASSISTANT NEWS EDITOR SINGAPORE has set up a new specialist court to hear maritime cases as part of a strategy to boost
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    • 182 6 COME next month, passengers departing from Singapore will have to pay an additional $6, on top of the $l5 airport tax levied, to cover higher security costs at the airports here. The Civil Aviation Authori- ty of Singapore (CAAS) said last week that those
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    • 404 7  -  *IL NATALIE SOH A LIPSTICK-SIZED capsule may be all you need to guard against high-tech peeping Toms. Called the Pro-Hunter, the device can be used to “sweep” the room to make sure it is free from electronic bugs. It can track down signals emanating from
      HOW HWEE YOUNG  -  404 words
    • 387 7 INTERNET users here cannot seem to get enough of news on the Taiwanese politician embroiled in a sex scandal, if searches on a United Statesbased search engine are anything to go by. A report by Lycos.com showed that people from Singapore formed
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    • 642 7  -  The Republic says it has already offered significantly higher prices for Johor water, as part of the negotiation package By < CHUA LEE HOONG SINGAPORE has rejected Malaysian claims that it has refused to pay a reasonable price for water from Johor. It said the
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    • 306 8  -  Soon, the part-fish, part-lion icon will be restored and moved from Merlion Park to a new $7.5-million pier at Marina Bay Bit ALICIA YEO THE Merlion celebrates its 30th birthday this year with a facelift and a new home. Come September, the
      JALEHA HASHIM  -  306 words




  • Page 8 Miscellaneous
    • 1063 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
    • 315 9  -  Rules allow only one entry each in Optimist’s two categories in the Asian Games in Pusan SAILING sa. CHAN TSE CHUEEN THERE is little blind optimism among Singapore’s young sailors vying to represent the country at the Asian Games in Pusan. Ask
      TAN SUANANN  -  315 words
    • 238 9 WINDSURFER Rachel Ng has dropped out of the Asian Games training squad because she feels her preperations will fall short of the challenge ahead. The Asiad will be held in Pusan, South Korea, from Sept 29 to Oct 14. Ng, who
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    • 722 9  -  BADMINTON CHAN TSE CHUEEN INDONESIAN Taufik Hidayat’s badminton career in Singapore may be over even before it takes flight. The Indoneisan Badminton Association (PBSI) has charged that Taufik, ranked 11th in the world, has not obtained the proper clearance to play for Singapore.
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  • MALAYSIA
    • 561 10  -  Islamic extremists distorting Islam to legitimise political creed, he says, while asking that world heeds Muslim anger By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad took his battle with Islamic extremists to the international arena, telling a global forum in
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    • 288 10  -  Brendan Pereira KUALA LUMPUR A group of religious scholars and a slew of conservative Muslim groups are fighting to protect their domain and head off criticism of their brand of Islam. In a complaint lodged with the Malay Rulers Council on Monday, they
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    • 187 10 The Star/Sin Chew Jit Poh DEATH-CRASH DRIVER lECS FOIt FOKCIVENESS: Penang —Avoung driver who made aniliegal" U-tum and hit a motorcycle, causing the deaths of a teenage couple, kneels to beg their parents’ forgiveness. But the college student is later slapped and rebuked when the
      The Star/Sin Chew Jit Poh; SIN CHEW JIT POH  -  187 words
    • 409 10  -  Brendan Pereira KUALA LUMPUR Indonesian preacher Hambali, tagged by investigators here as the man who incubated militant cells in Malaysia and Singapore, was a close associate of the two men behind the first terror attack on New York’s World Trade Center in 1993, sources
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  • SOUTH-EAST ASIA
    • 56 11 CROSS-SHAPED PENS SEIZED: Home Ministry enforcement officers display cross-shaped pens and pencils that they seized from a Johor Barn snack factory. The officers raided the factory after complaints from Muslim parents that the cross-shaped items were offensive. The factory had been giving away the “sword pens” as
      HARIAN METRO  -  56 words
    • 503 11  -  Singapore has proposed extending FTA to Indonesia to help Jakarta attract investment By DERWIN PEREIRA INDONESIA CORRESPONDENT JAKARTA Singapore has proposed extending the freetrade agreement (FTA) being negotiated with the United States to Indonesia to help develop its manufacturing base and attract investment. Bintan could
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    • 420 11  -  LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA The United States last week expanded its war against terrorism with the launch of joint military exercises aimed at helping the Philippines crush Islamic militants linked to the Al-Qaeda terrorist network. The six-month campaign, involving 650
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  • COMMENT
    • 616 12 TUESDAY February 5,2002 THE tudung issue has strayed beyond the clear-cut confines of administrative prerogative. It is a standing Education Ministry directive that school uniforms common to students of all faiths do not include extraneous items, like the tudung. It should be a secular matter.
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    • 613 12 WEDNESDAY February 6,2002 A GOOD line does not always make for good policy. United States President George W. Bush ought to have realised that before letting loose on the world his “axis of evil” line. He used the phrase in his State of the Union address
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    • 931 12  -  SATURDAY With h CHUA LEE HOONG TO MY mind, the way the tudung drama unfolded the past fortnight highlighted three major challenges that will continue to plague Singapore. The first is that of religion in school how, and how much, students
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  • COMMENT/PERSPECTIVE
    • 904 13  -  MY VIEW By ANDYHO SINCE India and Pakistan both declared themselves nuclear powers by their May 1998 nuclear tests, the current skirmishes in Kashmir have taken on a sinister connotation not evident when the rivals went to war in 1947, 1965 and 1971. The
      LUDWIG ILIO  -  904 words
    • 758 13  -  HEART TO HEART With r ith ASAD LATIF ONE of the most terrifying moments of my life in Calcutta arrived when I was about 10. I lived in a cosmopolitan neighbourhood peopled by Hindus, Muslims, Christians and others of various income-groups. Where children were concerned,
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  • INSIGHT
    • 2274 14 The ranks of former PAP parliamentarians now total between 100 and 120, and many of those who stepped down after the last General Election are still in their prime. Is there life after politics? Given their wealth of public service experience
      ALBERT SIM  -  2,274 words
    • 1669 15  -  We, the citizens of Singapore E pledge ourselves as one united le, regardless of race o lage or religion. THINKING ALOUD By WARREN FERNANDEZ THESE were the words we recited every morning. In neat rows, dressed in our school uniforms, we stood before the Singapore
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  • MONEY
    • 279 16 SHARES in the Singapore market snapped its winning streak and slipped lower this week as investors were spooked by the weaknesses on Wall Street and expectation of a lacklustre session next week due to the Chinese New Year holidays. The benchmark Straits Times Index (STI) lost
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    • 76 16 Straits Tines Index The Straits Timas Index fell 45 points on the week to 1736.42. DAY CLOSE TURNOVER Monday 1758.15 (-23.27) 451.2m ($595.1m) luesday 1727.63 (-30.52) 496.8m ($644.5m) Wednesday 1748.61 (+20.98) 426.6m ($588.1m) Thursday 1717.11 (-31.50) 466.5m ($551.8m) Friday 1736.42 (+19.31) 379.6m ($453.7m) IT-SM Index The BT-SRI
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    • 295 16  -  With virtually all card issuers charging 24% per annum on outstanding sums, never treat credit cards as a loan facility Bu LEONG CHAN TEIK IF THERE’S one sure way to get yourself buried under a rapidly growing mountain of debt, it is to
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    • 194 16 A GROUP of local and Malaysian investors have sued a Canadian property developer in a bid to recover millions of dollars they allege are rental arrears owed them. They bought rooms in a boutique hotel after the property was advertised in 1997 as guaranteeing rental returns of
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    • 352 16 Company Date ann Net earn TY IY (Sm) ($m) EPS TY (cts) LY (Cts) Alkom Tech 05-Feb P 1.414 3.834 0.77 2.78 Australand 30-Jan P 81.432 78.109 15.9 163 Ayala Int'l 01-Feb P 10.641L 6692 14.19L 8.92 Beyonks Tech 07-Feb 1 8.613 3.98 1 0.46 BMT 07-Feb 1
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    • 271 16 Payment (cts) Ex date Books dose Pay date AP Brew F 9N 04-Feb 07-Feb 21-Feb Ascott 20c b 1 24-Apr 2 9-Apr 10-May Ascott 20c f 1 24-Apr 29-Apr 10-May Asiatravel 1.5c g 0.423 26-Feb 01-Mar 20-Mar Australand A50c F 3d 11-Feb 18-Feb 28-Feb CASA Htdgs 10c b
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    • 154 16 BONUS ISSUE ExBooks Acc ft Company Ratio date dose Paymt RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt Easyknit one-for-one®HK$0.08 05-Feb 08-Feb OTHERS ExBooks Acc A Company Ratio date dose Paymt HDB S$500,000,000 4.198% 04-Mar 07-Mar 13-Ma» Fixed Rate Note due 2005 Interest Payment for the period
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    • 168 16 Company Place Date Time Cerebos Pacific A Grand Copthorne Waterfront Hotel, Level 4 Kingfisher Room 392 Havelock Road 28-Feb 12.00pn WBLCorp A 65 Chulia Street OCBC Centre, #50-00 28-Feb 10.30an Brilliant A 21 Ubi Road 1 26-Feb 3.00pm Mfg E Singapore *****4 3.30pm Wearnes Int'l A 65 Chulia
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    • 621 16 Stock Trans Date Subsantial Shareholder/ Director S Cotnr No of Shares '000 Price Per ShrS Before ('000) Shareholding After ('000) Tung tok Rest 07-Feb-02 Tjioe Ka Men Buy 5 0.16 126 0.1 131 0.1 Keppel T&T 07-Feb-02 Keppel Corp *Buy 55 1.09 ***** 5.7 ***** 5.7 Vicplas
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    • 2594 17 UNIT TRUSTS FUNDS UNIT TRUSTS ABN Amro Asset Mgt (S'pore) Star Europe Eqty! A 0.754/ Star Europe Bd 0.954/ Star Europe Bal 0.848/ Star Asian Tiger Eqty 0.774/ 1.237/ Star Asia Balanced 0.837/ Star Global Technology Fund 0.28/ Star Bhv Finance Japan Fund!** 0.706/ AIB Govett (Asia) Ltd. Govett Asia
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    • 149 17 Foreign Currency Note Rates (9am f Feb 8) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9250 0.9470 Canadian dollar 1.1330 1.1560 Euro 1.6650 NZ dollar 0.7560 0.7760 Sterling pound 2.5750 2.6010 US dollar 1.8360 Singapore dollars to 100 units of foreign currency Austrian
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    • 4767 18 Transaction date: Feb 8, 2002 MULTI INDUSTRY 52-Wk Currency last Higk Law C wap«ay Traded Sale ♦er’Vol '000 High Day Law Gr*s Div Net P/E M Cap Wt Avg Price 40.9 8 c Acma 50c 10 unch 830 10 9.5 0.5 4.1 78.1 10 16
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    • 1392 19 52-Wk Currency last High Low Company Traded Sale ♦or'Vol 000 High Day Low Gr*s Dtv Net P/E M Cap $mil if! MANUFACTURING 40.5 12 c AP Oil 5c 17.5 -1 185 18 17.5 4.5 15.4 18 80 27.5 c AS Auto 10c 50.5 +1 383 51 49 10N
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    • 242 19 FINANCE 52-Wk Hi# Low Company Currency last Traded Sole «or'Vol '000 Day Hi# Low Gr’s Dhr Net P/E M Cap SmH Wt Avq Price ***** 9210 s Diamonds US9900cd 6890 3830 s IS DJ US Tech US4950 -160 4950 4950 560 440 s IS MSCI Spore..... US560 *****
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    • 162 19 Transaction date: Fell 8, 2002 52-WK Curr Last High Low Company Traded Sale Vol ♦or■000 Day Gross High Low div Net P/E M Cap $mil HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung KongSOc HK1780 240 3 *****.5 68 34 Citye Solutions Lt HK45 2 44.6
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    • 611 20  -  Economy may even go beyond upper limit of 2 per cent, says DPM Tan, but this depends on world and regional security By LOH CHENYI and WILLIAM CHOONG SINGAPORE'S economy may grow at the higher end of the minus 2 to 2 per cent
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    • 722 20  -  By LEONG CHAN TEIK BY FAR the biggest and tastiest deal in Mr Sam Goi’s long and successful business career was within his grasp but a mystery buyer snatched it away for reasons yet to be explained. At nearly $7OO million,
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    • 431 20  -  By By NARENDRA AGGARWAL ECONOMICS CORRESPONDENT SINGAPORE’S key electronics sector expanded for the first time last month after 12 straight months of shrinkage, raising hopes of a recovery in overall manufacturing as early as in the second quarter. Driven by new orders, the electronics
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  • Page 21 Advertisements
    • 831 21 h|:s > -<■'. '4 < tip iiPiPti:'t:t:t:.iii >■ P P :-i «Xy& pi .r-rv it •‘•ii :-*>- >■: k>># H Rolls-Royce Service Engineers Internationally renowned in the oil and gas power systems industry, Rolls-Royce gathers and harnesses advanced technology to develop world class products for its global clientele. With the
      831 words

  • Page 22 Advertisements
    • 1515 22 MCDS MINISTRY OF COMMUNITY DEVELOPMENT AND SPORTS We aim to achieve a cohesive and resilient society by fostering socially responsible individuals, strong and stable families, a sporting people and a caring and active community which pulls together not only in good times, but also in times of adversity. If you
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  • FORUM
    • 597 23 I REFER to the letter, “Cash Card a way of moving towards a cashless society” (ST, Jan 31), by Ms Theresa Lee of Nets. She mentioned that while there were no forfeited balances, for Cash Cards which had expired more than two years previously
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    • 171 23 I AGREE with the views in the letter, “Special Assistance Plan schools in way of social integration” (ST, Feb 1), by Mr Tan Ping Yee. He is right to feel concerned that Singapore’s best and brightest may grow up without an understanding of the minority
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    • 258 23 I REFER to the letters, “Special Assistance Plan schools in way of social integration” by Mr Tan Ping Yee (ST, Feb 1) and “Teach SAP students to care” by Mr Simon Ng Yap Peng (ST, Feb 4). I find it hard to agree
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    • 261 23 IN HIS letter, “Screening for male ailments not subsidised” (ST, Jan 25), Mr Steven Lo Chock Fei asked for subsidised screenings for men for prostate cancer. He referred to the subsidised national mammography programme for women and said that health policies seem biased
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  • 591 24  -  New MRT station at airport opens. With wider fare gates and a futuristic design, it promises to be a hit with commuters By KARAMJIT KAUR TRANSPORT CORRESPONDENT BY THE end of next year, every MRT station will have one fare gate that is wide enough for
    JAMES HODSON  -  591 words
  • 272 24 THE top prize money was $617,718, and there were 29 winning tickets for it. Monday’s Toto draw saw the largest number of winning tickets for a Group 1 prize since the game was established in 1968. Singapore Pools said the number
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