The Straits Times : Weekly Overseas Edition, 24 January 1998
1998-01-24
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The Straits Times : Weekly Overseas Edition
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Title Section20 1998-01-24 1 The Straits Times WEEKLY EDITION SATURDAY, JANUARY 24. 1998 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/9720 words
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668 1998-01-24 1 Tan Hsueh Yun - Education more than just academic achievement, says PM By Tan Hsueh Yun THE Education Ministry has spelled out a comprehensive list of attributes the Government wants every Singaporean to have. Captured in a statement called The Desired Outcomes of Education, it defines668 words
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Article, Illustration470 1998-01-24 1 Jasbir Singh - By Jasbir Singh A SINGAPOREAN couple was killed and their daughter seriously injured after their four-wheel drive veered off a highway and flipped over several times outside Melbourne. Mr Henry Wang Wen Han, 46, the general manager of a frozen food companv. andShin Min picture. - 470 words
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Page 1 Advertisements
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Advertisement11 1998-01-24 1 Silk Air crash relatives say their last, painful goodbyes: Page 24.11 words
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Advertisement13 1998-01-24 1 Planning a CAREER Move CHECK OUT Pages 21 22 3 l, 887'81 *****613 words
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NEWS FOCUS
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708 1998-01-24 2 PM at opening of Republic Plaza PRIME Minister Goh Chok Tong has spelt out four key areas for the country to focus on in the coming years to make it a world-class city second to none in this part of the world.708 words
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491 1998-01-24 2 PRIME Minister Goh Chok Tong held a surprise meeting with his Malaysian counterpart Datuk Seri Dr Mahathir Mohamad on Tuesday morning at the Sebana Golf Resort in Johor. During the 90-minute meeting, they discussed the regional currency crisis and bilateral relations.491 words
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Article, Illustration283 1998-01-24 2 Sebastian Tong - Divers take the plunge underwater By Sebastian Tong DENTIST Kuan Chee Keong and houseman Benita Tan took the plunge in more ways than one on Sunday: They got married in the reef tank of Underwater World Singapore. Mr Kuan. 28, donned a tuxedo over his wet-suit, while Ms Tan, 26,Picture by ALI YUSOFF. - 283 words
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Article, Illustration808 1998-01-24 3 Allison Lim - By Allison Lim A CRIMINAL jailed for life may have this sentence shortened by going before a review board, after serving 20 years of his sentence. The board will see if he is eligible for release, the Home Affairs808 words
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Article, Illustration344 1998-01-24 3 Elena Chong - By Elena Chong A HOUSEWIFE who had two gold credit cards and more than $2,000 cash on her was caught shoplifting about $l5O worth of goods from OG Department Store. Lim Swee Hiang, 44, was fined $l,OOO on Thursday after she admitted stealing344 words
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417 1998-01-24 3 r Lea Wee - By r Lea Wee AIDS is no respecter of age. A study has found an increasing number of men, with an average age of 59, being infected with HIV, the virus that causes aids. The men, the oldest of whom was 75 years417 words
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431 1998-01-24 3 THE Government has no plans to cut Central Provident Fund (CPF) contribution rates during this current economic slowdown. Minister without Portfolio Lim Boon Heng said on Thursday that the present situation did not warrant slashing the employer’s CPF rates, especially431 words
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HOME
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Article, Illustration625 1998-01-24 4 Chang Ai-Lien; and Edmund Tee - By Chang Ai-Lien and Edmund Tee IMAGINE this: no more crackling sounds from the radio when you are driving. Digital Audio Broadcasting (DAB) promises this improvement, as well as early warning in text and diagrams on a screen of road accidents625 words
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559 1998-01-24 4 LeongChanTeik - Over-ordering, inability to bid aggressively for COEs blamed for poor sales By LeongChanTeik LARGE stocks of several makes of cars are being left exposed to the sun and rain, in port storage areas in Sembawang and Pasir Panjang. Left there because of poor559 words
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505 1998-01-24 4 Susan Long - By Susan Long TWO information technology research and development institutes have been merged as part of Singapore’s bid to build a national knowledge infrastructure that will help to move ideas and innovations to the marketplace quickly. They are the Institute of Systems505 words
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Article, Illustration293 1998-01-24 5 VETERAN comic actor Wang Sa (extreme right), the remaining half of the well-loved comedy duo Ah Pui and Ah San, died from respiratory disease last Sunday. He was 73. He leaves behind his wife 60. four sons, a daughter and five grandchildren. The293 words
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555 1998-01-24 5 M. Nirmala - By M. Nirmala SINGAPORE’S first private universitv for finance and business will take in its pioneer batch of 1.400 students two years from now. When fully developed, there will be 13.000 students on its city campus to be located555 words
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Article, Illustration1076 1998-01-24 6 Lim Li Hsien - By Lim Li Hsien IT IS about time women litigators got the recognition they deserve. Good too that it is no longer a male domain. Women lawyers were commenting on the appointments of three women Senior Counsel, Singapore’s equivalent of the Queen’s Counsel in Britain.1,076 words
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Article, Illustration560 1998-01-24 6 Geraldine Yeo - Met Service blames El Nino for phenomenon By Geraldine Yeo LAST year was not only the hottest year on record, it was also the driest. The Meteorological Service said that total rainfall in 1997 was 1.539 mm, compared to the annual average ofTIEN CHUNG PING - 560 words
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Article, Illustration813 1998-01-24 7 David Miller - Pension for new officers to be replaced by higher CPF and a savings scheme By David Miller STARTING April 1, Singapore Armed Forces (SAF) officers will be offered a new salary and benefits package which also see the pension scheme being phased out. In its place,G CHANDRADAS - 813 words
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226 1998-01-24 7 A 26-YEAR-OLD construction worker had sex with a 15-year-old girl five times in the space of nine days. Ahmad Termizi Mohamed Noh, a Malaysian, pleaded guilty to having sex with the girl, a school dropout, between Nov 19 and Nov 27 last year.226 words
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346 1998-01-24 8 Training, retaining workers THE call by the NTUC to employers not to cut back on staff numbers and training because of the present economic turmoil has been endorsed by the Singapore National Employers Federation and the Singapore Chinese Chamber of Commerce and346 words
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Article, Illustration482 1998-01-24 8 Lea Wee - By Lea Wee TECHNOLOGY developed in Singapore has helped an American brain surgeon to separate Siamese twins who were joined at the head. The surgeon made use of the virtual workbench developed by the Institute of Systems Science (ISS) to rehearse the surgery, using aPicture by WONG POK SEE. - 482 words
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Page 5 Advertisements
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Advertisement283 1998-01-24 5 •j i# Founded 1905 National University of Singapore ScAoot of Engineering Admission To Postgraduate Courses 1998-99 (July Intake) Applications are invited for admission to the following postgraduate courses in the 1998-99 academic year (commencing 13 July 1998): Master of Science in Civil Engineering Master of Science in Electrical Engineering Master283 words
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Page 7 Advertisements
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Advertisement357 1998-01-24 7 The StraitsTlmes WEEKLY EDfTION The Straits Tunes Weekly Edition bruits you a crisp sununaiy ol the week's nuuor liappenings ui Singapore and in the Asean region. Covering news from social issues, politics, business, career opportunities and others, we bring you closer to home wherever you may be, once a week.357 words
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Page 8 Miscellaneous
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Miscellaneous1115 1998-01-24 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6055 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 The Front Page 1138 E Z Beat 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market1,115 words
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SPORTS
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682 1998-01-24 9 Santokh Singh - By Santokh Singh NATIONAL sports associa tions will have to play their part if they are to attract talent from schools. Education Minister Teo Chee Hean made the call at the official opening of the 39th Singapore Schools Sports682 words
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Article, Illustration370 1998-01-24 9 Joe Dorai - SOCCER By Joe Dorai IT IS official. Three of Singapore’s most well-known footballers Fandi Ahmad, Lim Tong Hai and V. Sundramoorthy are now nill-fledged coaches. The three were among the 18 candidates who passed the Asian Football Confederation’s B Licence course last month.Picture by JERRY SEH. - 370 words
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Article, Illustration301 1998-01-24 9 Thomas Koh - BOWLING By Thomas Koh RODNEY ANG received an early hongbao ahead of the Chinese New Year festive season when he pocketed a cheque for $lO,OOO after winning the Cosco Super Handicap Challenge at Cathay Bowl Westside on Sunday. The 31-year-old renovations contractor, a former301 words
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MALAYSIA
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Article504 1998-01-24 10 Brendan Pereira - Mahathir says false perception a serious problem Reports by Brendan Pereira in Kuala Lumpur THE long-awaited first meeting of the National Economic Action Council (NEAC) took place on Thursday and identified the false perception of a credit squeeze as a serious problem in the country.504 words
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106 1998-01-24 10 JOHOR BARU Singaporeans taking advantage of the ringgit’s depreciation to buv cheap jewellery now constitute a major part of Johor Baru goldsmith shops' clientele. As the Singapore dollar rose against the ringgit. Singaporeans have been headed across the Causeway, the Malaysian Chinese daily.106 words
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493 1998-01-24 10 THE need for cash is getting stronger and some Malaysian women are responding bv excnanging their gold for ringgit. But not all are putting the money in banks, as suggested by Prime Minister Datuk Seri Dr Mahathir Mohamad. They are keeping it at493 words
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Article, Illustration44 1998-01-24 10 BANK Negara unveiled this new Mslo <S$4) note on Monday. The Malaysian currency has lost about 40 per cent of its value against the US dollar since a regional crisis of confidence erupted in July. Reuters picture. Reuters picture.Reuters picture. - 44 words
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Article120 1998-01-24 10 ALOR STAR Staff from the Muda Agricultural Development Authority (Mada) may soon have to clean their office and sweep the floor of their Mslo million (553.9-million) building. To cut costs during the economic slowdown. Mada has decided to lay off 30 casual workers. The120 words
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362 1998-01-24 10 S’poreans among couples who used service of syndicate Bemama. KUALA LUMPUR Police have crippled another syndicate forging Muslim marriage certificates with the arrest of the mastermind and seven others recently. The syndicate, whose members are aged between 35 and 52, is believed to have solemnisedBemama. - 362 words
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SOUTH-EAST ASIA
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Article, Illustration175 1998-01-24 11 JUDGES hearing a popular teen singer’s request to marry her boyfriend against her mother’s wishes questioned the teenager of Thai-Australian origins on her knowledge about Thai culture before advising her to seek an out-of-court settlement. The Provincial Juvenile and175 words
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618 1998-01-24 11 Susan Sim - Signs point to Habibie as President?s choice for No 2 job By Susan Sim Indonesia Correspondent JAKARTA President Suharto on Tuesday accepted formally ruling party Golkar’s nomination for a seventh term as president. But with that a foregone conclusion, attention turned618 words
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Article, Illustration695 1998-01-24 11 Edward Tang - By Edward Tang Thailand Correspondent BANGKOK Indonesia will be in for tougher times ahead, but President Suharto is not one to evade his responsibilities and the country can be assured he will see it through the present economic crisis, Senior Minister LeePicture by TAN SUAN ANN. - 695 words
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270 1998-01-24 11 AFP. BANGKOK Thailand would deport 300,000 foreign workers over the next six months as part of a plan to repatriate one million illegal migrants to free jobs for out-of-work Thais, the government said on Monday. The decision came after a dayAFP. - 270 words
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COMMENT / Pick of the week's editorials
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Article679 1998-01-24 12 JANUARY 22 1998 CRISES tend to breed, in great profusion, gurus, shamans and soothsayers. If it is difficult to tell apart the genuine from the fake at the best of times, the difficulty is a thousand times greater at the worst of times. The gurus disagree among679 words
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Article677 1998-01-24 12 JANUARY 21.1998 DEVISING punishment that fits the crime while ensuring that jail does not mean the death of all hope for those who are sentenced to life imprisonment is not an easy task. But the creation of a Life Imprisonment Review Board might meet both677 words
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Article667 1998-01-24 12 JANUARY 20 1998 THE problem with education is that there is hardly anything in life which it is not related to. Socialisation is one of its primary functions. No less primarily does it function as a channel for imparting and receiving knowledge. It is necessary to develop667 words
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Article, Illustration743 1998-01-24 12 Sia Cheong Yew - By Sia Cheong Yew A NYONE reading the Education Ministry’s list of attributes, which the Government wants every Singaporean to nave, cannot be faulted if he thought it was trying to produce some kind of super human beings. At743 words
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COMMENT/ANALYSIS
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Article, Illustration831 1998-01-24 13 Koh Buck Song - By Koh Buck Song OF THE many consequences of the current economic crisis, the most far-reaching one must be that of the global village shrinking even further. In this financial meltdown, the “contagion effect” on currency and stock markets from BangkokAFP picture. - 831 words
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1084 1998-01-24 13 Ng Wei Joo - By Ng Wei Joo THE Education Ministry’s latest change to the Primary One registration exercise seems to have stirred up a hornet’s nest, if letters and interviews in the media are anything to go by. To recap, the Ministry announced last week1,084 words
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INSIGHT
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Article, Illustration1892 1998-01-24 14 What with the property slump and the economic slowdown, more and more lawyers are bowing out of the profession. Tan Ooi Boon takes a look at some new measures to help lawyers stay afloat. LAWYER Maurice Oon, 34, used to practise alone in his one-man law1,892 words
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Article, Illustration1153 1998-01-24 15 Singapore workers are starting to feel the effects of the regional financial turmoil. Ahmad Osman asks Mr R. Sinnakaruppan, a labour MP and NTUC assistant secretary-general, how the labour movement can cushion the impact of the economic slowdown. Interview INSIGHT: What1,153 words
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Article, Illustration1290 1998-01-24 15 Warren Fernandez - Thinking Aloud Warren Fernandez AN ARMY of 200,000 unskilled, middle-aged and unemployed Singaporean workers, desperate for jobs, with families to feed, and resentful of their better-off peers manning the new high-technology factories that have replaced their old workplaces. Fanciful? Alarmist? Scaremongering? “This1,290 words
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MONEY
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413 1998-01-24 16 to 1.259.83. CHAN WEE CHUAN - Weekly market review to 1.259.83. CHAN WEE CHUAN. A BRIGHT start to the trading week faded away as concerns over the regional currency crisis came to a head again amid the Indonesian rupiah’s plunge into uncharted territory. The rupiah, which stood at the 7.000413 words
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Article77 1998-01-24 16 ST Industrials Index The Straits Times Industrials Index rose 14.57 points on the week to 1259.83. DAY CLOSE TURNOVER Monday 1327.18 (+81.92) 724.186 ($731.978m) Tuesday 1296.91 (-30.27) 330.041 ($428.698m) Wednesday 1311.401+14.49) 238.181 ($432.102m) Thursday 1269.49 (—41.91) 159.983 ($345.302m) Friday 1259.83 (-9.66) 258.885 ($600.553m) BT— MGA Index The77 words
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Article1652 1998-01-24 16 Company Data •on Nat aarn TV LV <$m> (Sm) CPS TV LV (eti) feta) AMDS* Nov 29 16.427 55.718 2.81 955 AS Auto Nov 6 1 7.240 4.895 654 5.44 Alaxandro HldqsDac 15 1 4.039L 0.8847 13L 2.95 Allionco Toch Oct 2 1 5.432L 3.391L ASH Poc Ld*1,652 words
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Article211 1998-01-24 16 RIGHTS ISSUE C*Books ACC i Company Ratio data clot a Paymt Casyknit Thrao-for-TwoS'HKtOC Doc 31 Jan 7 Fab 4 BONUS ISSUE ExBooks Company Ratio data data Datapulsa Ona-for-two Jan 13 Jan 19 NYA Hup Sang Huat Ona-for-flva Fab 2 Fab 9 Fab 19 OTHERS EsBooks Acc 6 Company211 words
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Article75 1998-01-24 16 Company RIgMa itiuo AlSB Inno-Pac PMI Throo-for-flvo MS5.50 Ono-for-ono 9 $0.30 Throo-tor-two 9 MS1.00 Company Bonus Itsuo H Royal Two-for-throo Ktmayan Corp Onotor-throo lum Chang Ono-for-flvo PMI Ono-for-four Company Othor* tnno-Pac Proposod Itsuo of ono wrt for ovary four ordinary sharas. Aappoi Corp Propotad itiuo of up to75 words
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Article97 1998-01-24 16 Dat* Eng Wah E 400 Orchard Rd «16-06 Orchard Towers (23B67S) Feb 4 10.00am Malayan E Cement Bhd President's Rm, Royal Selangor Club.JIn Raja Chulan (*****) KL Feb 6 10.00am NST Bhd E The Theatrette Balai Benta.5th Fir 31 din Rlong (*****1KL Jan 24 11.00am Aberdeen Asset Mgt97 words
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Article953 1998-01-24 16 Payment Cs data Books close Pay date AV Jennings 2 SC 1 5.4 Jan 2 Jan 8 Jan 22 AMDS Ln T 55 Dec 5 Dec 12 Oac 31 Amsteel Corp SOC b 10 Dec 23 Dec 30 Jan 19 Antah HWg 50C b 6TE Dec 22 Oac953 words
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Article, Illustration490 1998-01-24 17 AMID the slowdown in the property market, listed property giant City Developments will enjoy an annual rental income of $80 million from its Republic Plaza office develop ment alone when the building is leased fully by around June. The 800.000490 words
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Article178 1998-01-24 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1 7370 1.7765 Sterling pound 2 8398 2.9410 Australian dollar 1.1281 1 1783 Canadian dollar 1.1867 1 2273 NZ dollar 0 9911 1.0370 EC unit 1.9527 Singapore dollars to 100 units of foreign currency178 words
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Article, Illustration443 1998-01-24 17 Catherine Ong - By Catherine Ong The Business Times. MR KOH Beng Seng, the former deputy managing director of tne Monetary Authority of Singapore (MAS), is set to become an adviser to the International Monetary Fund (IMF) in Thailand, informed sources say. Mr Koh willThe Business Times. - 443 words
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Article111 1998-01-24 17 Contract date: January 23, 1998 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 5 5 5 5'/,, 57., 47„ 27/1/98 AS <v„ 4 4 47,, 4 1 3'’/,, 27/1 '98 NZS 8'8\ 8'/., 7-',, r>u 7 27/1/98 STG 6 6111 words
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Article453 1998-01-24 17 January 23,1998 HK$ ASM Pacific 4 35 ■0075 Allied Ind Inti 0 54 Allied Oversea 028 unch Asia Sec Int 041 unch Bank of EA 1290 ■0 30 C.P Pokphand 1 20 •*■0.03 CDL Hotel 220 0 10 Cate De Coral 142 ■0 03 6 30 •*■0 10 Century453 words
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Article614 1998-01-24 17 Mgrs Prices. January 24 k ks&kski i? ??*S5ss '-^§2 iiiPPlilN i rn BI 11|| «B sp 1 1 a i si i ii IS 1# s aii! 4A.I I VW S’ SS8 S3 J ooooooo 8 i§ WBI i| r 1 P12 Hi 11 oo i> Ui L614 words
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Article9101 1998-01-24 18 INDUSTRIAL AND COMMERCIAL Transaction Date; January 23.1998 J 1997 98 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale ♦orooo i High Low Div P/E Smil Price 157 18 5 e ACE Dvnamics60c 28 2 90 29 27 22 9 269,101 words
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690 1998-01-24 20 Narendra Aggarwal - By Narendra Aggarwal SINGAPORE'S trade growth is likely to slow to between 3.5 and 5 o per cent this year as a result ot the regionaf financial turmoil, down from last year's 5.7 per cent expansion. Trade Development Board <TI)B) chief690 words
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425 1998-01-24 20 Reuters. JAKARTA Indonesia has signalled its commitment to much-awaited bank reforms with the biggest-ever merger in the private sector, creating a bank with some US$5.9 billion <S$10.4 billion) in assets. Banking analysts said on Monday it was only the first suchReuters. - 425 words
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Article254 1998-01-24 20 POSBANK raised its interest rates on savings deposits by half a point from Wednesday, while prime rates at OCBC Bank, Overseas Union Bank (OUB) and Tat Lee Bank also went up by the same margin. POSBank says balances of up to $lOO,OOO will earn interest254 words
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Article, Illustration635 1998-01-24 20 Kalpana Rashiwala - By Kalpana Rashiwala MR KWEK Leng Beng's CDL Hotels International is in talks to buy a major stake in Saudi Prince Alwaleed bin Talal’s upmarket Fairmont hotel chain in the United States, sources say. The prince owns 50 perPicture by ALPHONSO CHAN. - 635 words
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Page 21 Advertisements
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Advertisement750 1998-01-24 21 fW k energetic candidate to fill the following position for its continuous expansion and work improvement programmes: Facilities Executive Reporting to the Facilities Manager, you will assist in the administration of the Golf Course, facilities and Food Beverage Outlets. You will also oversee the operation of Gate Admission at the750 words
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Page 22 Advertisements
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Advertisement939 1998-01-24 22 SiNDA I N A P O_R J I N D I A N DEVELOPMENT ASSOCIATION The Singapore Indian Development Association (SINDA) is dedicated to building a well educated, resilient and confident community of Indians that will contribute to the progress of multi-racial Singapore. We invite dynamic and self-motivated individuals who939 words
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FORUM
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Article, Illustration454 1998-01-24 23 Primary 1 registration I REFER to the letters by Ms Christabel Hong. “Why should children be penalised for lack of parental connections”, and Mr David Kwok, "Rationale needs to be clarified” (ST, Weekly, Jan 17). The Ministry454 words
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Article, Illustration854 1998-01-24 23 I REFER to the articles by Tan Sai Siong (ST, Jan 10) and Koh Buck Song (ST Weekly, Jan 17) and the report in The Straits Times (Jan 13) concerning the 1998 posting exercise for principals and viceprincipals.854 words
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544 1998-01-24 23 I READ with interest Prime Minister Goh Chok Tong's speech about developing wellrounded Singaporean students. with strong moral values and a love for their country. I agree totally with him on how parents should not place so much emphasis on544 words
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Article, Illustration598 1998-01-24 24 Zuraidah Ibrahim; and Ginnie Teo - By Zuraidah Ibrahim and Ginnie Teo in Palembang EXACTLY a month after the crash of the ill-fated flight MI 185, the tears had not dried, the pain still lingered and the memory was just too overwhelming. At a mass burial near the Botanic GardensPicture bv STEPHANIE YEOW. - 598 words
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685 1998-01-24 24 Ahmad Osman - Govt will be drawing less revenue, says BG Lee By Ahmad Osman THIS year’s Budget is likely to be a tight one, Deputy Prime Minister Lee Hsien Loong said on Sunday, noting that the Government would be drawing less revenue and was685 words