The Straits Times : Weekly Overseas Edition, 26 December 1998

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday December 26, 1998 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MTMTFJSWoB/98
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  • 420 1  - The next stop the South Pole One Spore team aims to trek across Antarctica while the other will scale one of the highest mountains in the South Pole CHUACHIN HON WALKING across Antarctica to the South Pole or scaling one of its highest mountains is a dream expedition even for
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  • 445 1  -  a a JOANNE LEE LITTLE Justin Lee, only 14 months old and a terminal liver failure patient, received the best Christmas gift ever when his mother gave part of her liver to save his life. After months of waiting for a suitable
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  • Page 1 Advertisements
    • 64 1 CRASHOFFLIGHTMI 1 S 5 The aftermath a year later Investigators looking into the crash of the Silk Air flight say they have ruled out maintenance and terrorism as factors in the accident. page 4 CUSTOMSCHECK Caught by sharp-eyed officer An alert customs officer who stopped a strange-looking Audi, found an
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  • PRIME NEWS
    • 735 2  -  In a medical journal, an historian and a neurosurgeon argue that the founder of modem Singapore was killed by brain haemorrhage Reports by LEA WEE MANY historians think that a brain tumour killed Sir Stamford Raffles, the founder of modern Singapore. But historian Kwa Chong Guan and
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    • 449 2  -  Reports by EVELYN YAP YACHTSMEN the world over will soon be able to use Sentosa as one of several stops en route as they cross the world’s blue waters. A new marina is due to open on the resort island by the first half of next
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    • 345 2 A SINGAPOREAN who went shopping in Johor Baru on Monday was robbed and beaten up in a side road near the Holiday Plaza shopping centre. The attack left Mr Thong Weng Yew, 42, a printer, with a 2 cm-long cut on his scalp and
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    • 498 3  -  Biolnformatrix’s software tools allow the collection and analysis of biotech data, even from systems which are incompatible «2. LESLIE KOII AN ACADEMIC from the National University of Singapore and a fellow Singaporean have set up a company to produce biotech data analysis software which
      DENISE TAN  -  498 words
    • 294 3 A SINGAPORE teacher has become the first Asian to take the international title of Best Model of the World. But this means that Miss Annetha Ayyavoo, 25, must now decide between teaching and modelling. For two modelling contracts worth almost $200,000, with agencies
      REUTERS  -  294 words
    • 514 3  -  Bt/ < GERALDINE YFO THE Transport Authority (LTA) apologised on Tuesday for not giving more details in its replies in the Forum page to Straits Times readers who had written in about the Electronic Road Pricing (ERP) system. It said that even though
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  • Page 3 Advertisements
    • 87 3 Subscribe to TIIE STRAITS TIMES WEEKLY... Safe N TY sets worth $5OO are awaiting lucky winners. From December 19 to January 22, you will have one chance in the lucky draw when you sign up for a six-month subscription, and two chances for a 12-month subscription. And if you sign
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  • HOME
    • 710 4  -  Investigators say they are not in a position to predict when the probe into the crash of will end CRA S H O F FLIGHT Ml 18 5 ONE YEAR LATER By KOH BOON PIN INVESTIGATORS looking into the crash of Silk Air flight MI
      STF.PHAMK YF.OW  -  710 words
    • 429 4  -  B y SHARON VASOO IN PALEMBANG SILKAIR is reviewing its compensation package for relatives of those who died in the MI 185 crash a year ago, after they criticised the liability cap of U 5575,000 (*****,750) set by the Warsaw agreement. “Nothing is cast in
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    • 169 4 THE Indonesian Aircraft Accident Investigation Commission (AAIC), in a statement issued through the Civil Aviation Authority of Singapore, said on Friday that these inspections, tests and research into the SilkAir crash are complete: Partial airframe reconstruc- tion at the calibration hangar facilities of the
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    • 224 5 THE sleeper hit serial, Stand By Mu, swept Channel B’s Star Awards on Sunday night. It won trophies for best drama serial and best screenplay in the 2'/2-hour glittering ceremony at Television Corporation of Singapore’s TV Theatre. The two stars who acted
      LAUFOOKKCNC  -  224 words
    • 544 5  -  Health Ministry will set common standards by which doctors and hospitals will be judged SIL ALLISON LIM HOW good is jour doctor? The Health Ministry will know, once it tightens its audit c 1 doctors' work, starting next year. And it will
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    • 310 5 AN F.IGHT-DAY-OLD baby boy fell to his death from a wooden board balanced on bamboo poles that were stuck outside the llth-storey window ot a tlat in Teban Gardens, Jurong. Ahmad Hidhir’s father had placed him on the plank on top
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    • 404 6  -  The 10-million centre opened on Saturday is designed to enable patients to get all outpatient services under one roof Hi LEA WEE THE Singapore General Hospital’s new one-stop centre to treat those with urogenital diseases such as bladder problems has been seeing about 100
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    • 372 6  -  By CHONG CHEE KIN A SHARP-EYED Customs officer who stopped a strangelooking Audi at the Woodlands checkpoint last week found an illegal immigrant hiding in a special compartment in the car. The man, a 28-year-old Chinese national, is believed to have come
      JOYCE FANC  -  372 words
    • 350 6 TO HELP people who have been retrenched, the Manpower Ministry (MOM) has promised to organise a job fair every month next year, or more if needed. Minister of State (Manpower) Othman Haron Eusofe said this on Friday when he launched the ministry’s first
      DENISE TAN  -  350 words
    • 619 7  -  S’poreans are more upbeat about economy now than at the start of the crisis, but expect things to stay gloomy, an ST survey shows S;f ft Aif TIMES’ CONSUMER CONFIDENCE INDEX By LEONG CHING and JASON LEOW EIGHT in 10 Singaporeans polled ajre more confident
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    • 487 7 SIX in 10 Singaporeans polled believe they will be hit by the 10 percentage point CPF cut that goes into effect next month. While five in 10 Singaporeans said their families would be “slightly affected” by the cut, one
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    • 472 8  - Fish thieves strike again for 8th time Despite security precautions like guard dogs and a burglar alarm, and police watches, several tanks at a Tampines fish farm are hit !h. CHUA CHIN HON A FISH farmer in Tampines has lost several tanks of his fish to thieves again making it
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  • Page 5 Advertisements
    • 282 5 The Straits Times Weekly Edition brings you a crisp summary of the week's major news breaks reported in The Straits Time* about Singapore and Asean. Covering news from social issues, po itics, business, career opportunities and others, we bring you closer to home whenever you may be airmailed weekly to
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  • Page 8 Miscellaneous
    • 1061 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 13TH ASIAN GAMES IN BANGKOK
    • 601 9  -  The bronze-medal winner says he intends to use the $62,500 reward to buy an apartment WUSHU Reports by THOMAS KOI! IN BANGKOK ONE of the first things Picasso Tan will do when he returns home next week will be to scour the Classified advertisements for
      AI.PIIONSOCHAN  -  601 words
    • 368 9 WATER POLO THE team with the proudest record in Singapore sporting history has had to undergo an extremely humbling experience in Bangkok. The water polo boys who have won 17 consecutive Southeast Asia Games golds since 1965 were thrashed 1-20 by China last Saturday at the
      ALPHONSOCHAN  -  368 words
    • 275 9 THE Singapore National Olympic Council will be handing out cash incentives amounting to a whopping $2,187,500 to its medal-win-ning athletes in the third week of next month. Said Singapore’s chef-de-mission Ch’ng Jit Koon: "We want to give them the money as soon
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  • MALAYSIA
    • 418 10  -  Mahathir says Japan’s loan is adequate, and it will borrow from international commercial banks fly DOtGLAS WONG i\ KUAIA LUMPUR MALAYSIA plans to borrow funds from international commercial banks. Prime Minister Datuk Seri I)r Mahathir Moh.ima l sai 1 last Friday when asked
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    • 279 10  -  Douglas Wong KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad last Friday accused his former deputy Anwar Ibrahim of causing riots in Kuala Lumpur, with the apparent assistance of the US. “He caused the rioting and he seemed to be aided by foreigners
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    • 392 10 New Straits Times KUALA LUMPUR With singing and acting jobs on the decline due to the troubled economy, Malaysian celebrities have turned to their culinary skills for survival. Three food centres have opened in the capital featuring outlets run by singers and actors Celebrity Terminal in
      New Straits Times; NEW STRAITS TIMFS  -  392 words
    • 533 10  -  fly BRENDAN PEREIRA IN KUALA LUMPUR THE trial of Anwar Ibrahim took another surprise twist on Wednesday when the former deputy prime minister’s defence lawyers claimed that they had a tape recording of a conversation which would prove that there was a political
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  • SOUTH-EAST ASIA
    • 479 11 AFP, Reuters JAKARTA The Indonesian government admitted on Monday that 76 rapes had been committed during the violent May riots, but denied that they were organised, a minister said. State Secretary Akbar Tanjung said that the government’s own checks had found
      AFP,; Reuters  -  479 words
    • 579 11  -  Jakarta Cooperatives Minister rejects an economic system run along racial lines and prefers a US or Taiwan model instead By DERWIN PEREIRA IN JAKARTA INDONESIA will not adopt Malaysia’s race-based New Economic Policy as a model to revamp its battered economy, says Cooperatives Minister
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    • 306 11  -  By NIRMAL GHOSH PHILIPPINES CORRESPONDENT MANILA Muslim rebel leader Abubakar Abdurajak Janjalani the country’s mostwanted man was on Saturday reported to have been killed in a three-hour gunbattle with police in a remote town in the southern island of Basilan last Friday. Local authorities, including
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    • 184 11 -AFP JAKARTA The Indonesian government plans next month to submit to Parliament a draft Bill which would allow the army to form a 40,000-strong “bamboo militia” to help enforce security during a scheduled June 7 election. Justice Minister Muladi said the
      -AFP  -  184 words

  • COMMENTARY
    • 619 12 WEDNESDAY December 23,1998 WHAT can one sav atxmt the fact that the funds-tor-wa-ter deal between Singapore and Malaysia is now officially oft? It has been only six weeks since the two premiers met, in a hurried meeting in Kuala Lumpur. One assumes fhe ink
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    • 593 12 THURSDAY December 24,1998 CREDIT should be given where credit is due: last week, Japan showed again that it was willing to play a regional leadership role. Prime Minister Keizo Obuchi unveiled a new US$5 billion package (SsB billion) in soft yen loans for regional infrastructural projects (typically,
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    • 796 12  -  SECOND LAST WORD Bj ALAN JOHN THIS may seem like an awful thing to say two days before Christmas, but I wish that some of the people who sent me corporate cards, diaries and calendars this season had not. There is something depressing
      LIM SIN* Til VI  -  796 words
    • 970 13  -  MY VIEW Ht, iu HFKTIIA HENSON WHEN a child turns six. he should expect to go to school. He should expect to have at least six years of primary schooling and move on to secondary school. He should not have to drop out, work and
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    • 970 13  -  BY THE WAY By TAN SAI SION'G SINGAPORE received an early, though perhaps unintended, Christmas present from Malaysia when its Prime Minister told ours in a “four eyes" meeting in Hanoi that his country- no longer needed the US$4 billion (556.57 billion) loan
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  • INSIGHT
    • 1895 14 Next year will be the first recession in a decade. Will Singaporeans tighten their belts? Or will there be another rush to pick up on-sale cars and homes? LEON 6 CMNG explains the new Straits Times Index which will forecast the
      NOEL ROSALES  -  1,895 words
    • 1284 15  - Will 1999 be better or worse THINKING ALOUD 3’U WARREN FERNANDEZ FOR at least 30,00 Singaporean famines, it will be a grim Christinas this year, as they de il with the impact of having h.ul a fam ly member retrenche I in recent months. Many more will lie bracing themselves
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    • 1138 15  -  THIS WEEK IN POLITICS By CHI'A LEE HOONC FOUR months ago, in the wake of the American air strikes against alleged terrorist bases in Sudan and Afghanistan, I wrote a column asking, “Is Clinton playing with fire?” It began by saying “The Comeback Kid
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  • MONEY
    • 386 16 A RELATIVELY quiet week for the local bourse as expectations of further rate cuts dimmed, and sentiment was doused by a poor set of non-oil export data as well as a lack of interest from foreign funds, dealers said. Overall volume was
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    • 1859 16 Nat aarn EPS Data TY LY TY LY Cempary inn (»m) <$m> (Ctl) (eta) AOv SriV'» Da-. iO 2 3*Si. 7240 ML 654 A*ia r oed Sap 30 f 99C61 24.729 3.4’ 250 Am Ca'am.c Sap '4 1 3 752 3.552 2.88 2 54 AsaPac S’-»» Pac ti
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    • 143 16 BONUS ISSUE ExBoom Arc S Company Ratio data doss Paymt Eng Hong ona*Of-'iva Dae 29 Jan 5 J*n '8 Patacraft oria- 1 or-ona Nov 3 NoviO Dac 2' RfSMTS ISSUE ExBook! ACC 6 Company Ratio data Paymt AIR HMga t«otor-onnB> $0.25 Oac 23 Oac 30 NA OTHERS ExBook!
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    • 89 16 Straits Tines Index The Straits Timas Index dropped 13.2paints an the week to 1,392.8. DAY Mor day Tuesday Wednesday Thursday Friday CLOSE 1,397.7 8.23) 1,412 4 (*14 67) 1,384.5 (-27.87) 1,392 8 8 22) Christmas Holiday TURNOVER 120.5 ($254.16 m) 1412 ($285 96 ni) 109.5 ($159.36 m)
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    • 725 16 Payment (eta) Ex bat* Soak* clot* Pay Oat* AsiaPac Br»w F 9 Fab 26 Mar 5 Mar 17 Avlmo ZOc F 3 5TC Marl Mar 8 Mai 23 AV Jarm-ngt A25c 1 1.5 Oac 31 Jan 7 Jan 21 AbarPaanAisatiOp F 3p Jan 4 Jar. It Jan 20
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    • 32 16 Company KI«Mt Ittuo First C*p FrwoM Corpn Ronouncoablt R19M» Its of 87,900,892 TH NRCCPS Of $0.01 or tho bails of 3 NCCPS for oyory 10 Ord lharos of $1.00 oacr
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    • 70 16 I? 5 > 1 m 1 K O «i 1 fl 1 I i 1 i o i 2 f s 1 ?!§fi! I'lii 3 o i i i if 1 1' ir il f! m > > m 588? S895| r??2 lift iif!iiiif$f lllHiflf W > ilii
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    • 1185 17 UNIT TRUSTS FUNDS Decpmfcer 25,1998 Managers' pr ess *S$) UNIT TRUSTS Aberdeen Asset Myt Asia LM NA Reg China Fundi** 0.410 0.435 Aberdeen S'pore Or Fd 0.881 0.926 NA Reg India Fund 0.550 0.530 NA Glo Sal Fund^S 0.650 0.685 Aberdeen Select Portfolio 1.043 1.027 1.334 NA Global 100 GrFjnd/**
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    • 653 17  -  This will make it easier for it to take evidence from witnesses in S’pore about securities dealings in the US shipping group APL By DENNIS CII4N THE United States securities watchdog has won a preliminary battle in its investigation of two Singaporeans for alleged
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    • 430 17  -  Hi LEONCCHAN TFIK MAINBOARD-LISTED Intraco should be in the black again alter it is relieved of its moneylosing Rover car franchise, said some analysts. The Straits Times understands an announcement on a new Rover distributor can be expected soon. This follows months of negotiations between
      AFP  -  430 words
    • 3124 18 Transaction date: December 24,1998 multi Industry 3*£ v s SSBPBffl HMMKM j ma Cure Leet Vel Day Sr's Net M Cap WIAM MM)h L#w Company TradPd Seta ♦•f *000 Hlfh Lev Dtv P/I fmil Price 142 67 49 28 ah 5 •utp 27.5 4.8 1134 34 28
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    • 842 19 199* High Law Company Curr Last Traded Sale ♦Gf vei *000 Day High Law Of** Dtv Hat Pit M Cap •mi Wt Avg Price MANUFACTURING siv243 30 AS Auto 10c ...84.5 ♦3.5 849 84.S 81 15 N 8 96.5 87 85 45 0 ASJ Hldgs 20c 54.5 2.5 10.5
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    • 1160 19 BONDS, LOANS WARRANTS Transaction date: December 24,1998 IMS High Low Company Lott Salt ♦tfvoi '000 Oay High Low La»tOgata Buyar Sallar Wt Avg Prlct 20.5 3 “Actr W*****1USS 13 unch 48 13 12 12 13 95 4.5 Acmo W*****4 15.5 SUSP 16 AIIT#chW*****7 „..28.5 25.5 39 30 0.5 m Apollo
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    • 161 19 Transaction date: December 24,1998 1998 High L«W Company Curr Laat Tradad Sala Vol ♦Of'000 Day Orata High Law dlv Nat P/t M Cat )mll MONfiKONfi CTMKf rTvfWflwnV 9 1 VvR# X 400 250 COL (2000) HK400 6 20.5 7744.7 T j MK7?0 265 6 *****4 HK1780 240 3
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    • 768 20  -  For first time in 19 months, S pore suffers drop in shipments to each of its top five markets By By NARENDRA AGGARWAL SINGAPORE'S kev non-oil domestic exports i lunged last month, registering the 1 Iggest drop in almost two 'ears with shipments to
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    • 160 20 Reuters BANGKOK The Stock Exchange of Thailand (SET) has instructed Thai brokers not to accept trading orders from Singapore's Vickers Balias after the company was found to have breached its rules on trading commissions. The ban is for one year, starting Jan 1, brokerage firms were
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    • 416 20 AFX- -Asia KUALA LUMPUR The Euaia Lumpur Stock Exchange has completed the exercise ol transremng ail Central Limit Order Foo< (CloL) shares into an interim account, sources close to the exchange said. However they added that Piime Minister Mahathir Mohamad had instructed the
      AFX-; -Asia  -  416 words
    • 390 20  -  fiu 1 fiv KALPANA KASHIWALA MARCO Polo Developments 1 as successfully sued five Ardmore I'ark defaulters for overdue 10 per cent progress payments on their luxury apartments. Summary judgments were granted in the five cases all of which involved companies. Four were default judgments
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  • Page 21 Advertisements
    • 747 21 The Straits Times WeekluKdition 'r?> V. f r '«?Y J *'4 v.irta^W Standard Chartered We seek committed people who are looking for the best opportunities for growth. We offer a wide international network and a conducive working environment. Co for the best. |oin us as: TRAINING ADMINISTRATOR <KtI: |S/‘>H> The
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  • Page 22 Advertisements
    • 992 22 NOKIA NOKIA is an International Telecommunications Group with sales in 130 countries and net sales of US$9.B billion in 1997. We employ more than 41,000 employees in 45 countries around the world. NOKIA MOBILE PHONES, a division of NOKIA, is a leading manufacturer of digital cellular phones in the world
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  • FORUM
    • 480 23 DR TONY Tan is to be congratulated for his choice of Mr Sim Wong Hoo to head the committee to boost high-tech entrepreneurship. At last, we seem to be getting the right people to do the right things. For too long, the
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    • 283 23 I REFER to the Friday Interview with Communications Minister Mah Bow Tan, “Views of elderly must change” (ST, Dec 18). Mr Mah said that in 20 to 30years’ time, the elderly will be better educated and better able to provide for themselves.
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    • 216 23 ON A recent visit to Dubai in the United Arab Emirates, I chanced upon a Kentucky Fried Chicken restaurant staffed solely by people with hearing and speech impairments. Signs were put up at the entrance and at the counter to inform the public of this
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    • 401 23 IN HIS letter, “Plans enhance Chinatown” (ST, Dec 12), Mr Michael T.H. Lim of the Singapore Tourism Board (STB) seems to dismiss the views expressed by letter writers and the Singapore Heritage Society by suggesting they comment only on “the visum cues and
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  • 598 24  -  The final sales agreement to import natural gas via a 640-km pipeline will be signed next month after a 2 Vi -month delay «2. WALTER FERNANDEZ SEMBGAS, the Singapore consortium led by SembCorp Engineering, has finally sewn up the long overdue US$B billion (5513.3 billion) deal with
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  • 392 24  -  Hi KELVIN TONG ONCE the grand dame of Singapore cinemas, the landmark Capitol at Stamford Road will screen its last movie on Tuesday. A spokesman for Shaw Organisation, which has held a temporary occupation licence on Capitol since 1984, said that the 1,686-seat cinema will
    LAC KOOK KONG  -  392 words
  • 411 24  -  Hi SANDRA DAVIE THE Education Ministry wants parents and the community to play a more active role in schools and has set up a council to look into ways of doing this, announced Minister for Education Teo Chee Hean on
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