The Straits Times : Weekly Overseas Edition, 14 February 1998
1998-02-14
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The Straits Times : Weekly Overseas Edition
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Title Section20 1998-02-14 1 The Straits Times WEEKLY EDITION SATURDAY, FEBRUARY 14. 1998 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA <P) 047/08/9720 words
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Article, Illustration401 1998-02-14 1 Karamjit Kaur - By Karamjit Kaur COMMUTERS taking the Mass Rapid Transit (MRT) to the airport in 2001, when the new line starts operating, will be able to check the arrival and departure times of the flight on board the train as well as check in>OO *Mt AfNjndf>A«MO*tOt(i - 401 words
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716 1998-02-14 1 Reports by Lee Kim Chew; Brendan Pereira - Reports by Reports by Lee Kim Chew and Brendan Pereira in Kuala Lumpur PRIME Minister Datuk Seri I)r Mahathir Mohamad yesterday said Malaysia and Singapore could resolve many of their bilateral problems if both countries could be flexible and not stick rigidly to their716 words
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477 1998-02-14 1 MALAYSIA will not turn off the water supply to Singapore when the current agreement ends in 2061, Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday. He was also open to negotiating a new agreement but with one proviso: It must477 words
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Page 1 Advertisements
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Advertisement10 1998-02-14 1 Jobless? Most S’poreans can survive only 3 months: Page 2410 words
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Advertisement11 1998-02-14 1 Planning a CAREER Move CHECK OUT Page 9 21 22 *****1'*****611 words
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NEWS FOCUS
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519 1998-02-14 2 Jason Leow - It aims to draw younger members to stave off threat of extinction By Jason Leow CLAN leaders will hold a seminar at the end of this year to draw up a “Clans 21" bfueprint to chart new directions for their associations in the519 words
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Article, Illustration155 1998-02-14 2 IT WAS three roars for the Year of the Tiger at the Night Safari last month, when three cuddly tiger cubs were born on Jan 26, just two days before the Chinese New Year. This is a bumper crop,Picture by ALAN LIM. - 155 words
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Article, Illustration374 1998-02-14 2 TEENAGER Wang Li Li (right) died in a Melbourne hospital on Wednesday, 3Vi weeks after a road crash in which her parents were killed instantly on Jan 17. She died at 6 am in the intensive care ward of the Western374 words
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519 1998-02-14 2 Jasbir Singh - By Jasbir Singh A COUPLE from Singapore was robbed and attacked while waiting for a taxi outside the Angsana Plaza shopping complex in Johor Baru last Wednesday. Tnis was the third armed robbery committed in Johor against people from Singapore in the519 words
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Article, Illustration371 1998-02-14 3 Lim Seng Jin - By Lim Seng Jin A SECURITY guard made four telephone calls to Singapore Airlines, saying bombs had been placed on SIA flights. But during his fourth call early last month, Gunasegaram Manickasamy, 49, was kept on the line by an SIA371 words
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Article, Illustration721 1998-02-14 3 Ahmad Osman - Retrenched but NMP’s ready Unionist Cyrille Tan a victim of economic downturn By Ahmad Osman NOMINATED MP and NTUC vice-president Cyrille Tan will lose his full-time job as a storekeeper at the end of this month a victim of the rising trend of retrenchments he has been warning his fellowPICTURE BY STEPHANIE YEOW - 721 words
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498 1998-02-14 3 Sharon Vasoo - CASSANOVA CONMAN By Sharon Vasoo HE WOULD date them, make them pay for dinner. and leave them poorer by $l,OOO to $3,000. More than five women have reported that they were conned by a smooth-talking 40-year-old man who claimed to be498 words
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333 1998-02-14 3 Karen Wong - By Karen Wong A CORPORAL who left the army continued to enjoy a monthly salary, paid by the Ministry' of Defence, for 2 1 years. Roslan Hatnin, 38 unemployed, on Thursday admitted taking nearly $16,000 dishonestly, and was fined $5,000 for333 words
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HOME
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Article, Illustration937 1998-02-14 4 Pang GekChoo - One in three see bad times coming, says survey By Pang GekChoo SINGAPOREANS appear to be bracing themselves for tough times ahead, with one in three of those polled in an international survey saying that they expect this year to be worse than the last.'OOMWfIWEN - 937 words
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515 1998-02-14 4 Rav Dhaliwal; and Geraldine Yeo - By Rav Dhaliwal and Geraldine Yeo HOTELS and travel agents are turning to Europe and other markets to make up for a drastic loss in Indonesian visitors, following the economic crisis and the million-ruppiah exit tax imposed recently on outbound travellers515 words
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665 1998-02-14 5 Leong Chan Teik - By Leong Chan Teik CERTIFICATE of Entitlement (COE) prices for cars have fallen further, with those in three categories hitting their lowest levels in nearly five years. They are for mid sized and luxury cars, and the open category, which665 words
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Article, Illustration418 1998-02-14 5 HE WAS a British civil servant who came here in the *****, working in various parts of Malaya before rising to becomepresident of Singapore’s City Council. During his illustrious career, he was noted for his contributions to housing, family planning and social welfare,418 words
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Article, Illustration503 1998-02-14 5 Plan targeted at long-haul tourists from Europe, US A DAY trip to Borobodur or Angkor Wat could soon be on offer if the Singapore Tourism Board’s plan taxes off. The board is looking at ways to line up quick day trips to503 words
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363 1998-02-14 8 Jasbir Singh - By Jasbir Singh FOUR youths in Johor have confessed to playing a part in robbing and leaving a Singaporean to die in an isolated corner of an oil-palm estate, said Johor’s Deputy Superintendent of Police Abdul Rashid Abdul Wahab on Sunday. The363 words
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Article, Illustration155 1998-02-14 8 EIGHT spicy girls brought last Saturday night’s Chingay 26 parade to a frenzied climax with their samba dancing Accompanied by 100 Singapore samba dancers, the girls gyrated in abandon in flamboyant costumes and headgear on top of a 15-tonne float, complete with flying horsesDenmark and the Philippines. Picture by George Gascon. - 155 words
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Page 8 Miscellaneous
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Miscellaneous1117 1998-02-14 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 Market1,117 words
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SPORTS
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412 1998-02-14 9 Tay Cheng Khoon - SOCCER By Tay Cheng Khoon A FABULOUS hongbao of about $5 million is being prepared for the S-League. It is learnt that the money will come from a three-year deal with a corporate sponsor. Said a source close to the negotiations: “The412 words
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Article, Illustration360 1998-02-14 9 Tay Cheng Khoon - By Tay Cheng Khoon. NG SER MIANG (left) has become the first Singapore member of the International Olympic Committee. When Timesport called to congratulate him last Thursday, the 47-year-old managing director of Tibs Holdings was pleasantly surprised. “I’ve not received anything official from360 words
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Article, Illustration773 1998-02-14 9 S. Murali - But he will continue playing for SAFFC until end of the year SOCCER By S. Murali SINGAPORE’S favourite footballing son Fandi Ahmad has retired from the national team. The 35-year-old, who will still play for his club Singapore Armed Forces FC until the end ofPieture by JERRY SEH. - 773 words
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Article, Illustration283 1998-02-14 9 JCCI AWARD BOWLING supremo T. T. Ong (extreme right) is this year’s winner of the Japanese Chamber of Commerce and Industry Singapore Foundation Sports Award. Dr Ong, president of the Singapore Tenpin Bowling Congress, has been actively involved with the sport for the283 words
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MALAYSIA
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Article, Illustration327 1998-02-14 10 NST. KUALA LUMPUR The success of Malaysia’s first heart transplant has Boosted the number of registered donors under the country’s organ donor drive. About 8.000 people have pledged their organs and tissues for donation in Malaysia so far. up from 4.500 peopleNST. - 327 words
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520 1998-02-14 10 Brendan Pereira - Businessmen and leaders pledge t o invest in or to import more goods from beleaguered economy By Brendan Pereira in Kuala Lumpur MALAYSIA'S policv of cham pioning Third World issues and being a friend of the Middle East appears to be bearing some520 words
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149 1998-02-14 10 KUALA LUMPUR Malaysia has embarked on an international advertising campaign to woo foreign investors who fled the country’s financial markets when talk of conspiracies and rogue speculators dominated headlines. The theme of the campaign estimated to cost several million dollars is Malaysia: Bullish On149 words
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408 1998-02-14 10 KUALA LUMPUR A four-wheel cruiser with blue swirling lights making hourly checks has become a perma nent feature in Bandar Utama. a middle-class housing suburb on the outskirts of Kuala Lumpur. It is part of the security arrangement. which costs each resident408 words
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276 1998-02-14 10 NST IPOH Motorists involved in serious and fatal accidents should be barred from driving for life. Public Works Minister Datuk Seri S. Sarny Vellu has suggested. He said the Road Transport Department should come up with stiff penalties for inconsiderate driversNST - 276 words
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SOUTH-EAST ASIA
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Article, Illustration595 1998-02-14 11 Derwin Pereira - Suharto again calls for crackdown on trouble-makers By Derwin Pereira in Jakarta THE Indonesian armed forces (Abri) on Thursday announced a major reshuffle of high-rank ing officers, naming current army chief Wiranto as its new commander, while President Suharto called on the– Reuters pictures.; Reuters pictures. - 595 words
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169 1998-02-14 11 AFP, Reuters. JAKARTA —A member of Kuwait’s royal family has been stabbed at a bar here during a brawl with some local vouths, Kuwaiti embassy staff said on Monday. Prince Ahmad al-Sabah was recovering from a stomach wound at a Jakarta hospital andAFP,; Reuters. - 169 words
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444 1998-02-14 11 Nirmal Ghosh - Last-minute scramble to file papers ?y Nirmal Ghosh Philippines Correspondent MANILA Reflecting a last-minute scramble to beat the deadline for the filing of candidature for the Presidential election in May, the Commission on Election’s (Comelec) registers closed at midnight on Monday with as many444 words
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358 1998-02-14 11 Susan Sim - By Susan Sim Indonesia Correspondent JAKARTA The Indonesian government on Wednesday said it was finalising plans to implement a currency board system to stabilise the rupiah. Finance Minister Mar ie Muhammad told Parliament that the government was pushing ahead with proposals to peg358 words
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COMMENT / Pick of the week's editorials
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Article645 1998-02-14 12 FEBRUARY 13 1998 IF THE house of one's neighbour is on fire would one desist from lending him one s spare water hose? Or would one rush over and offer it 9 The answer is obvious: it is in one s interest to lend the neighbour645 words
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Article676 1998-02-14 12 FEBRUARY 12.1998 AN INTERNATIONAL survey conducted by Gallup International and Joshua Research Consultants, has found that 62 per cent of the working Singaporeans whom it polled had enough savings to tide them over lor less than three months without work. Anotner 20 per cent believed that676 words
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Article679 1998-02-14 12 FEBRUARY 11,1998 IN THIS age of distraction, especially for vulnerable and impres sionabie fun-loving school-going youngsters, it is so very easy to get on the wrong track. Like mix ing with bad company or hanging out in shopping malls when there is homework to do. So679 words
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Article, Illustration757 1998-02-14 12 Alan John - By Alan John IT IS a sad fact of life that it often takes a tragedy to make people sit up. notice that some things are not right and call for action. Recent weeks have seen several letters to The757 words
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COMMENT/ANALYSIS
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Article, Illustration1207 1998-02-14 13 Cherlan George - By Cherlan George MORE than three years have passed since the Government introduced one of its most radical and controversial policies ever that of linking its own salaries to those of ton earners in the private sector through an automatic formula1,207 words
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838 1998-02-14 13 Irene Ng - By Irene Ng in London AS I sit here in this part of tne world. I salute the resilience of Singapore women. Why? I just found out what many gave up or had to cope with when their husbands backed838 words
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INSIGHT
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Article, Illustration1952 1998-02-14 14 With the move to foster creative thinking in schools, what will be the implications for the student-teacher relationship and for society at large? Alison De Souza discusses these issues with several educational psychologists and teachers. THINK of the mad scientist, as typified by1,952 words
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Article, Illustration971 1998-02-14 15 Very few people would have a better overview of the manpower situation here than Mr Lim Swee Say, NTUC deputy secretary-general and former Economic Development Board managing director. Ahmad Osman asks the labour MP why the Government is considering setting up a971 words
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Article, Illustration1257 1998-02-14 15 Warren Fernandez - Thinking Aloud Warren Fernandez SOMETIMES, it takes a crisis to put things in perspective. SingaporeMalaysia ties were rocked from their seemingly stable state for several month's early last year, with reports hitting the headlines that ties had been frozen by the Malaysian1,257 words
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MONEY
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418 1998-02-14 16 Weekly market review THE week started still in upbeat mode, sustaining the rally that began after the Chinese New Year. The Straits Times Industrials Index (STII) hit an intraday high of 1,574.34 on Monday, and the next day the 1,600 level was breached when it418 words
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Article76 1998-02-14 16 ST Industrials Index The Straits Times Industrials Index rose 15.78 points on the week to 1552.69. DAY CLOSE TURNOVER Monday 1543.72 6.81) 1121.200($1025.080m) Tuesday 1602.97 (+59.25) 802.251 ($818.870m) Wednesday 1621.25 (+18.28) 1217.102($1100.363m) Thursday 1600.29 (-20.96) 602.449 ($652.706m) Friday 1552.69 (-47.60) 793.809 ($766.800m) BT— MGA Index The BT—MGA76 words
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Article1687 1998-02-14 16 Company Oata ann Net «am TV LY <$m> ($m) CPS TY LV (eta) (cts) Al««andra HldgsDec IS 4.039L 0.8847 13L 2.95 Asia Pac Brew Dec t2 P 77 287 78.252 305 309 Avan Pad Bhd* Dec 31 40.167L 6.418 1.85 AV Jennings Nov 10 5.401 3342 2.51 1.711,687 words
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Article208 1998-02-14 16 RIGHTS ISSUE ExBooks ACC 6 Company Ratio date close Paymt Easyknit Throe-tor-TwoB’HKIOt Dec 31 Jan 7 Feb 4 BONUS ISSUE ExBooks Company Ratio date close Datapulse One-for-two Jan 13 Jan 19 NVA Hup Seng HuatOne-for-five Feb 2 Feb 9 Feb 19 OTHERS ExBooks Acc Company Ratio date close208 words
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Article83 1998-02-14 16 Company Right* ittua AISB Inno-Pac Mittnal H PMI Thraa-for-flva MS5.50 Ona-for-ona IP $0.30 0na-lor-onai>$0.20 Thraa-for-two M$1.00 Company Bonui laaua H Royal T«*o-tor-threa H Sang Huat Ona-for-flva Kamayan Corp Ona-for-thraa Lum Chang Ona-for-fiva NBT Ona-lor-flva PMI Ona-for-lour Company Othars Inno-Pac Propotad itsua of ona wrt for ovary four ordinary83 words
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Article100 1998-02-14 16 Tims Jade Tech A 10 Cul Crescent Jurong Town (*****3) Feb 18 10.00am Mileyen E Cement Bhd President's Rm, Royal Selangor Club.Jin Ran Chulan (*****) KL Feb 6 10.00am Carnaufl Met el Box C 455 Jin Ahmed Ibrahim Jurong (*****6) Feb 20 10.00am Aberdeen Asset Mgt A 10100 words
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Article948 1998-02-14 16 Payment Ex data Books dose Pay data AV Jennings 25« i 5.4 Jan 2 Jan 8 Jan 22 Amsteel Corp 50« b 10 Dec 23 Dec 30 Jan 19 Antah Hldq 50« b 6TE Dec 22 Dec 29 Jan 23 AISB 50« b 5 Jan 2 Jan 7948 words
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Article, Illustration836 1998-02-14 17 Kalpana Rashiwala - 12.5% drop in private home prices the biggest since ’85 slump By Kalpana Rashiwala PRIVATE home prices fell 12.5 per cent last year the biggest annual drop since the i9Bos property slump and transactions plunged 42.8 per cent to 6,990. Prices fell a higher 16.5 per cent by the endTIEN CHUNG PING - 836 words
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Article181 1998-02-14 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1 6387 1.6802 Sterling pound 2 6615 2 7642 Australian dollar 1 0901 1 1404 Canadian dollar 1.1311 1 1728 NZ dollar 0 9402 0.9862 EC unit 1.8398 Singapore dollars to 100 units of181 words
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Article118 1998-02-14 17 Contract date: February 13,1998 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4% S% 5 V,, 57,, 5Vi« 4 '"2 17/2/98 AS 47,, 4 V„ 47. 4 4’,. 3 ”A, 172*98 NZS 8'. 8 1 8 7 7 77. 77«118 words
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147 1998-02-14 17 Sing as peg: MAS awaits details THE Monetary Authority of Singapore (MAS) has not seen any detailed proposals on using the Singapore dollar as the regional trading currency among Asean nations, said a spokesman on Tuesday. Neither had the authority received any such proposals on the use of local currencies147 words
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Article452 1998-02-14 17 February 13.1998 HK* 600 unch Allied Ind Inti 054 0 56 -0 06 Asia Sec Int 0 77 ■0 09 Bank o« EA 15 35 ■0 30 C P Pokphand i 66 0 02 CDL Hotel 250 unch Cate Oe Coral t 5« •0 04 7 35 -0.60 Century452 words
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Article144 1998-02-14 17 Mgrs Prices, February 14 fctffll V-tfa&Hpsta -1*111 fl 1 4 3 s i -o~P SS2 °oo?8 °2 2 r?f?£ !!1 iili f e||EE sis *i ii ff sgiss b-s-s till 5 E Ell ill IX El f F 1 ?Is xS 5* jiff f 4 j a i144 words
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Article8955 1998-02-14 18 INDUSTRIAL AND COMMERCIAL Transaction Date: February 13.1998 J 1997 98 Curr Last vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale ■►or000 High Low Dtv P/E Smil Price 157 18 5 c ACE Dynamics60c ASE NTS10 200 39 5 0.5 31 395 378,955 words
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Article838 1998-02-14 20 Jean Chia - Move takes company to ‘new stage in its histoiy* Reports by Jean Chia THERE will no longer be a limit on the foreign sharehold ing of Singapore Press Holdings (SPH) thanks to stockholders who approved its share merger on Monday. SPH executive chairman Lim838 words
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341 1998-02-14 20 IN A SURPRISE move, Singapore Telecom voted against Singapore Press Holdings’ scheme to scrap dual listings, on the grounds it felt the novel scheme compensating foreign tranche shareholders was unfair. A spokesman for the listed company said: “Sing Tel voted against the scheme341 words
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600 1998-02-14 20 Tan Li Eng - By Tan Li Eng IN A move that industry players hope may mean snorter maturity periods and quicker processing, the Central Provi dent Funa (CPF) Board is reviewing the terms and conditions of fixed deposit placements under its investment scheme. However, the details have yet600 words
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Page 21 Advertisements
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Advertisement968 1998-02-14 21 wm The Straits Times W eekly Edition wm& wmm; I min "mm iii DBS FINANCE A SUBSIDIARY OF DBS BANK We are a leading finance company offering the full range of financial products including deposits, housing loans, car, equipment, share and ship financing ana industrial commercial property loans. We invite968 words
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Page 22 Advertisements
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Advertisement883 1998-02-14 22 X 1 r r 4 -j *9 A 1 I I At Pacific Internet, a subsidiary of Sembawang Media, we're constantly on the look out for innovative talents. People who see things from a refreshingly different angle. And who dare to venture into unchartered territories. So. if surfing the information883 words
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FORUM
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310 1998-02-14 23 I REFER to the article “MOE to open up textbook publishing market” (ST Weekly Edition, Feb 7). The Ministry of Education plans to allow greater commercial participation in the publishing of “approved” textbooks is a good one. It will make available310 words
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Article625 1998-02-14 23 Let educators use other teaching materials for some subjects I REFER to the article “MOE to open up textbook publishing market” (ST Weekly Edition, Feb 7. How exciting to know that schools will be allowed to pick textbooks that suit tneir needs. I hope MOE625 words
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295 1998-02-14 23 I REFER to Mr Scully Patrick Fairley’s letter “Textbook publishing: Open up market, but ensure good quality” (see this page). The Education Ministry has a rigorous textbook authorisation process which ensures that only textbooks which meet our standards are approved for use in295 words
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352 1998-02-14 23 I READ with great surprise and dismay the report on the High Court’s ruling that a father be allowed to pay only basic maintenance tor his children's upkeep because of their behaviour towards him (ST Weekly Edition, Feb 7). Not having read Justice352 words
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313 1998-02-14 23 THE regional turmoil shows that governments are no longer masters of their own destinies. The market, more than ever before, exerts tremendous influence in determining the overall stability of countries. The case of how Singapore’s otherwise impregnable economic fortress nas been dented consequent313 words
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Page 23 Advertisements
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Advertisement123 1998-02-14 23 Dear Readers, THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in veiy exceptional circumstances, such123 words
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Article, Illustration441 1998-02-14 24 Chin Soo Fang - By Chin Soo Fang YOU have to shout into her left ear to get her attention. But there is no other clue that Venerable Chin Yam is approaching 90. other than her failing sense of hearing and those wrinkles on her smiling face. VolunteersPicture by GEORGE GASCON. - 441 words
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379 1998-02-14 24 Financial crisis THREE months this is all the time that most Singaporeans can afford to go without work. An international survey found that 62 per cent of the working Singaporeans polled had enough savings to tide them over for less than three months379 words
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533 1998-02-14 24 PangGekChoo - Regional currency crisis By PangGekChoo THE worst of the regional currency crisis will not be over until after the election of the Indonesian president and vice-presi-dent early next month, said Senior Minister Lee Kuan Yew last Saturday. "If533 words