The Straits Times : Weekly Overseas Edition, 27 March 1999
1999-03-27
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The Straits Times : Weekly Overseas Edition
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Title Section21 1999-03-27 1 The Straits Times Weekly Edition Saturday March 27 1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA (P) 080/08/9821 words
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527 1999-03-27 1 Foreign talent is needed to boost the economy, create jobs and strengthen the country's competitiveness, savs PM Goli PRIME Minister Goh Chok Tong on Sunday assured Singaporeans that the Government would always look after them first, but urged them to be realistic and527 words
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Article, Illustration366 1999-03-27 1 Hu NARENDRA AGGARWAL - Bti Hu NARENDRA AGGARWAL MR WONG Ngit Liong, managing director of homegrown Venture Manufacturing one of the world’s top 10 electronics manufacturing service providers is Singapore’s new Businessman of the Year. Mr Wong, 58, was yesterday named winner of the country's top business aw’ardU.BF.HTMM - 366 words
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Page 1 Advertisements
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Advertisement33 1999-03-27 1 Pic vi r i;s sc \r k Spread of Virus Halted The Primary Production Department says no new encephalitis cases have shown up since measures were taken to ban pig imports. page 433 words
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PRIME NEWS
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Article, Illustration160 1999-03-27 2 FOOTBALL star Fandi Ahmad is all set for a close shave. Especially since losing his stubble will mean $2OO going to charity Gillette Singapore has decided to donate $2OO to charity for every person who signs up for a shave whether he is a celebrityCi OIICM.WI ON - 160 words
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409 1999-03-27 2 WENDY TAN - SECOND ONE THIS YEAR *L WENDY TAN A COMPUTER science postgraduate at Stanford University has broken his bond, making him the second scholar to be named in public this year for doing so. Mr Suen Chun Kiat. 24, declined to give409 words
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662 1999-03-27 2 He gives reassurance that the Government will promote the cultures of all ethnic groups MINORITY communities have no cause to worry about moves to develop a Chinese cultural elite and Special Assistance Plan (SAP) schools, said Deputy Prime Minister Lee I662 words
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Article, Illustration564 1999-03-27 3 IRENE NG - A joint declaration of enhanced partnership was signed by the two prime ministers on Tuesday Hu IRENE NG IN PARIS PRIME Minister Goh Chok Tong and French President Jacques Chirac on Monday agreed to adopt a joint declaration to deepen and enhanceLIAMIK ZAOHAO - 564 words
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541 1999-03-27 3 TAN lISI EH YI N - Hu_ TAN lISI EH YI N TRAFFIC congestion was not the only factor that went into the decision to tear down the National Library building to make wav tor a 400 m tunnel througn the area. I’he other kev concern was carving541 words
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299 1999-03-27 3 FROM April 1, senior citizens can fiy to Los Angeles on Singapore Airlines for 8900, London for $BOO or Perth for $450. And no, it is not an April Fool’s joke, but the airline's way of marking this year as the International299 words
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HOME
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PIG VIRUS SCARE
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564 1999-03-27 4 DOMl\l( NATHAN - Following the ban on pig imports and the elimination of mosquitoes at abattoirs, no new encephalitis cases have shown up hti_ DOMl\l( NATHAN THE Primarv Production Department on Tuesday expressed confidence that the spread of the "pip virus" has been halted here, following564 words
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Article, Illustration306 1999-03-27 4 DOUGLAS WONG - Hr, DOUGLAS WONG IN M \L I.l'MPl'R MALAYSIAN soldiers bepan the task of shootinp over 300,000 pips last Saturday morninp as officials proceeded with efforts to contain a viral outbreak that has so tar claimed over 50 lives. Thousands have already beenu I - 306 words
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401 1999-03-27 4 DOMINIC NATHAN - «1 DOMINIC NATHAN ONLY two species of Culex mosquitoes spread the Japanese encephalitis virus, and both are not common here. None was found around the abattoirs here during the intensive anti-mosquito checks, said Dr Goh Kee Tai, head of quarantine and epidemiology at the Environment401 words
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285 1999-03-27 4 DOMINIC N ATHAN - Ha_ DOMINIC N ATHAN A DECISION to re-open the abattoirs will be taken in two weeks time, said Priman Production Department director Dr Ngiam Tong Tau on Wednesday. Five days of cleaning and disinfection of the abattoirs end toda\. The abattoirs will then be285 words
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489 1999-03-27 5 J ASON LEOW - Cultivate sister-school ties with neighbourhood schools and hold joint activities, Mr Goh suggests lirports Ini J ASON LEOW SPECIAL Assistance Plan schools could cultivate a sisterschool relationship with neighbourhood schools and hold joint activities so that their students can mix with489 words
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Article, Illustration348 1999-03-27 5 CHL A CHIN HON - Hi CHL A CHIN HON ALL lire engines and Singapore Civil Defence Force ambulances have been equipped with hand-held video cameras to nab motorists who refuse to give way. The footage will he given to the Traffic Police, and if found guilty, offenders faceAI.AN I.IXI - 348 words
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515 1999-03-27 5 SHARON VASOO - Hu SHARON VASOO NINE commodities trading firms have been banned from placing job advertisements, following complaints from job-seekers that their ads were misleading. The Advertising Standards Authority of Singapore (Asas), which imposed the ban, said it had to resort to the measure because515 words
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362 1999-03-27 5 THE number of drug addicts caught here fell last year for the fourth consecutive year. And the number of new abusers caught fell to a 10-year low. This, the Central Narcotics Bureau said on Tuesday, was despite similar levels of enforcement362 words
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Article, Illustration405 1999-03-27 6 AHMAD OSMAN - Hu AHMAD OSMAN VETERAN union leader G. Kandasamy. who served the labour movement for more than 50 years, died on Saturday night. He was Till is son Subhas Kim, 24. and daughter Shanti Kim. 20, both studying in Britain, flew back for his funeral405 words
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357 1999-03-27 6 CHANG AI-LIEN - The financial community may be the first in the world to get a green rating for its Y2K readiness CHANG AI-LIEN SINGAPORE'S financial community may soon become the first in the world to receive a preen rating the highest in an international measure of357 words
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348 1999-03-27 6 IT IS not necessary to declare bank holidays here on Jan 3 and 4 next year, the committee looking into Year 2000 issues for the financial sector has decided. This is because preparations by Singapore’s financial sector to achieve Y2K readiness are348 words
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Article, Illustration375 1999-03-27 6 BRAEMA MATH I - Hu_ BRAEMA MATH I MINISTER of Information and the Arts George Yeo spent an nour chatting with Nightfall. Ferrari. Alievcat. Fatbov Chongkee and other characters last Saturday. Brig-Gen (NS) Yeo took the faceless inquisitors in his stride as he responded to their questionsI I Will Z\<>B\<> - 375 words
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Article, Illustration565 1999-03-27 7 Fresh chillies, caixin and more can be bought at a tiny farm in the park at below-market prices THE next time you visit Bishan Park along Ang Mo Kio Avenue 1, do not be surprised if you see joggers running home laden with vegetables. UnknownSTKPIIWU H OW - 565 words
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Page 7 Miscellaneous
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Miscellaneous1061 1999-03-27 7 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 Ud 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,061 words
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SPORTS
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Article, Illustration719 1999-03-27 8 Mr Mali, who is Communications Minister, urges Singaporeans to ‘dare to dream’ of the World Cup COM M U NT CAT lONS Minister Mah Bow Tan has taken on the challenge of leading Singapore soccer into tin* next millennium. Singapore's No. 1 football fanCHKU MAC. MM - 719 words
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Article, Illustration517 1999-03-27 8 CHANTSE CHIEEN - TENNIS Hi CHANTSE CHIEEN FORMER national champion Kho Tung-vi is now playing full-time tennis for Singapore. And he is the first to be supported fully by the Singapore i.awn Tennis Association to the tunc of $3,000 a month. Since the beginning of last week,MAS I IVI - 517 words
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Article, Illustration300 1999-03-27 8 BOWLING SINGAPORE’S teenage bowling sensation Valerie Tco was denied a spot in the final of the AMF Malaysian Masters Cup by just 11 pins in Petaling Jaya yesterday. The 14-year-old Raffles Girls' School student had upset Australian world champion Maxine Nable in300 words
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MALAYSIA
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Article, Illustration376 1999-03-27 9 Thev call for the resignation ot Prime Minister, demand Reformasi and shout slogans hacking ousted Deputy Premier AFP, Bernama KUALA LUMPUR Hundreds of supporters of ousted Deputy Premier Anwar Ibrahim protested in the Malaysian capital last Saturday in a new show of defiance calling on PrimeAFP,; Bernama; UT - 376 words
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Article, Illustration236 1999-03-27 9 Reuters, Bernama, AFP KUAL\ LUMPUR Malaysia's dominant Umno party will tape-record religious sermons that incite Muslims to rise up against the government. Some sermons at Muslim prayers on Fridays have been used by unidentified religious leaders in recent months as a platform to promoteReuters,; Bernama,; AFP - 236 words
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Article639 1999-03-27 9 BRENDAN PEREIRA - April 6 verdict day for Anwar CORRUPTION TRIAL ENDS ABRUPTLY AFTER 74 DAYS Hu BRENDAN PEREIRA l\ M \1 V I l MIM K ANWAR Ibrahim will know his fate on April b, after his corruption trial in Malaysia ended abruptly on Tuesday alter 7+ davs, on the back of639 words
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SOUTH-EAST ASIA
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Article, Illustration490 1999-03-27 10 As military 7 and police arrive in Indonesian Borneo, Davaks open fire on soldiers searching for trapped Madurese settlers AFP SINGKAWANG 'lndonesial Military and police reinforcements were tlown to Indonesian Borneo on Tuesday to help end grisly ethnic violence as troops tought oft tribesmen during;– AFP; AH' - 490 words
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Article294 1999-03-27 10 EDWARD TANG - Hu EDWARD TANG TH \ILAM) CORRESPONDENT BANGKOK Eight major Asian newspapers, including The Straits Times, will set up a news exchange network which will enhance their coverage of Asia significantly. They agreed last week to establish a system to share reports, analyses and photographs produced by294 words
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Article, Illustration664 1999-03-27 10 PAUL JACOB - Hu PAUL JACOB INFLUENTIAL Muslim leader Abdurrahman Wahid urged Singapore and the international community on Wednesday not to be overly pessimistic about developments taking place in Indonesia current reports of unrest and uncertainty ahead of the June election notwithstanding. Speaking in Singapore and intent on addressing664 words
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COMMENTARY
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Article575 1999-03-27 11 FRIDAY March 26,1999 EVEN in crisis, Asia is where the action is. That is something that must not he lost sight of in the search for someone to head the World Trade Organisation (WTO) after di-rector-general Renato Ruggiero, an Italian, leaves office on April 30. Thai575 words
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Article542 1999-03-27 11 WEDNESDAY March 24,1999 THK reality of mul-ti-racialism in Singapore was reiterated in Parliament recently. This is as it should be, because the legislature is a guarantor of a principle which is inseparable from the reality of Singapore itself. Articulating minority concerns, Sembawang GRC MP K. Shanmugam asked whether542 words
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Article, Illustration710 1999-03-27 11 YEONC. AH SENG - SECOND LAST WORD 'll YEONC. AH SENG STRAITS Times’ news editor Alan John wrote earlier this month in this column about bad behaviour on our roads. Doubtless many would agree with his sentiments as there is no denying that we are largely a( ill Ml 'IN VNN - 710 words
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Article, Illustration1069 1999-03-27 12 DOMINIC NATHAN - MY VIEW Hu DOMINIC NATHAN OVER the next two years or so, flatowners across Singapore are going to expect their monthly refuse disposal charges to go down. It must he the case, going by the first two rounds of tenders called so far toMin - 1,069 words
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Article1048 1999-03-27 12 TAN SAI SIONG - BY THE WAY Hu TAN SAI SIONG YEARS ago when 1 was working in London. 1 found myself penniless one Friday night just before a bank holiday weekend. I had forgotten to cash my weekly cheque, a must ritual in days when there was no1,048 words
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Page 13 Advertisements
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Advertisement120 1999-03-27 13 SINGAPORE V, I Moving towards a KNOWLEDGE economy. Connecting to the WORLD. Moulding a culture of CREATIVITY. Nurturing TALENT. Offering you a vibrant cosmopolitan LIFESTYLE. Our world of POSSIBILITIES. Your world of OPPORTUNITIES. CONTACT SINGAPORE is your first point of contact for education and employment in this city state. Whether120 words
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INSIGHT
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Article, Illustration1719 1999-03-27 14 If you had to boil the nine-day Budget debate down to five issues which will continue to have a big impart on Singapore what would they be? CHUA MUIHOONG makes herpwk and gives a snapshot of each. PIG farmers across the\OH ROSM i s - 1,719 words
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1283 1999-03-27 15 HAM FOOK KWANG - THINKING ALOUD HAM FOOK KWANG THE vcrv first question from the floor seemed designed to put the speaker in a spot. What did Indonesian opposition leader Megawati Sukarnoputri think of the Singapore Government when it discouraged the Foreign Correspondents' Association, some years ago. from1,283 words
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941 1999-03-27 15 Clll A LEE IIOOMC» - THIS WEEK IN POLITICS Hu Clll A LEE IIOOMC» NEVER far from the public consciousness. the issue of ioreign talent has surged to the tore again. A call by Aver Rajah MP Tan Cheng Bock to the Government to tone down its foreign talent941 words
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MONEY
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393 1999-03-27 16 THE Singapore stock market was as good as it got. under the current cloud of the cornorate reporting season with kev themes surrounding pennv stocks, nank stocks and property counters. Market speculation that the exercise period of soon-to-ex-pire company warrants will he extended393 words
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Article74 1999-03-27 16 Straits Times Index The Straits Times index rose 14.51 points for the week to 1.497.68. OAY CLOSE TURNOVER Monday 1497.68 (*24.69) 236.17m t$436.77m) Tuesday '492.87 <- 4.81) 411.52m ($580.35mi Wednesday 1482.36 (-10.51) 249.75m ($501.05m) Thursday '500.37 (*18.01) 438.68m ($448 43mi Friday 1497.68 2.87) 259.41m ($335.07m) 8T-SRI Index74 words
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Article1961 1999-03-27 16 Company Date ann Net earn TV LY <$m) ($m) EPS TY CY (cts) lets) ABP Mar 24 p 2.8621 5 3461 6 Cl 12L Asiamatru Fact P 1 9841 2I85L 6.8L 8.11 Armstronq Mar 9 P 2.932L 1735 1.71 0.98 Ajtech Mar 12 p 16 191L 2.348 4.111,961 words
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Article156 1999-03-27 16 BONUS ISSUC Ex* Books Acc i Company Ratio date close Paymt Serial Sys one-for-three Apr 30 May 7 NA RIGHTS ISSUE Ex* Books Acc Company Ratio date close Paymt ABU Hldgs two-for-onei» $0.25 Dec 23 Dec 30 NA OTHERS Ex* Books Acc fc Company Ratio data close Paymt156 words
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Article27 1999-03-27 16 Company Description CPE ExtraOrdinary General Meeting on Apr 7 1999 at 2.25pm. Place: Millema 3 Level Two The Pit: Carlton Millema S'pore 7 Patties Ave27 words
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Article119 1999-03-27 16 Company Place Date Time Asia Matrix A c 350 Orchard Rd »08-00 Shaw House S pore (*****8) Apr 12 10.00am Ttck Wah c 25 Pandan Crescent «05-15 TIC Tech Centre Spore *****7) Apr 9 10.00am N.ppe Craft E 9 Fan Yoong Rd S’pore (*****7) Apr 7 10.00am Armstrong119 words
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Article866 1999-03-27 16 Payment (cts) Ex date Books close Pay date ABN AmroNGl 25 F NLG0.67 Mar 10 May 20 Auric Pic 50c b 3 5 Apr 28 May 5 May 24 BBR Sc b 1 May 20 May 27 Jun 15 BAT 21c F 2366 May 7 May 14 May866 words
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Article1311 1999-03-27 17 UNIT TRUST FUNDS March 27,1999 1 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mot Asia ltd Nicholas-Appleqate Aberdeen S'poreGr Fd 1.107 1.164 NA Asia-Pac Gr Fd 0.530xd 0.560xd NA S'poreGr Fd!" 0.7!5xd 0.755xd Aberdeen Select Portfolio NA Reg China Fd!** 0.420 0.445 American Opport Fd 1.045 1.098 NA Req India1,311 words
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Article, Illustration634 1999-03-27 17 Hu KALPANA RASIIIVVALA - But sl24m net gain is best among developers, and hotel profits overtake core property development business Hu Hu KALPANA RASIIIVVALA CITY Developments on Tuesday reported a worse-than-ex-oected 69.8 per cent slide in full-vear group net profit to $12.3.7 million after making provisions of $194 million. Despite634 words
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490 1999-03-27 17 COLIN TAN - SES ON CLOB SHARES Hu COLIN TAN THE STOCK Exchange of Singapore will not stop Smganorcan owners of Malavsian Clob shares from accepting offers from the Malaysian private sector to buy their shares. However, the exchange stressed that these investors the legal490 words
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155 1999-03-27 17 UNITED Overseas Bank (UOB) has bought more shares in United Industrial Corp (UIC) in what analysts view as a defensive rearguard move by UOB chairman Wee Cho Yaw to fend off a possible takeover of UIC by Hongkong-based property group HKR International.155 words
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Article4414 1999-03-27 18 Transaction #ate»Bil2&,t>99 MULTI INDUSTRY 52-Wk High _ow Company Curr Last Traded Sale ♦Of* Vol 000 Day High Low G r'% Oiv Net M Cap P/E SftiH Wt Avg °rict :37 '7.5 72.5 ■0.5 214 73 72 27.5 5.1 .19.9 72 49 25 25 4 '5 25 254,414 words
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Article993 1999-03-27 19 52-Wh High Low Curr Last Company Traded Salt ♦or* Vol '000 Day High Low Cr's Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 214 30 c AS Auto 10c 88 5 •1.5 781 91 88 15 N 8.3 101 89 79.5 45 c ASJWdqs20c 60 •0.5 2993 words
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Article1440 1999-03-27 19 BONDS, LOANS WARRANTS TransactiM date March 26,1999 52-Wh High Low Company Lost Sol# ♦Of Vol '000 Ooy High tow Last Quota Buyer Sellar Wt Avq Prlc# <8 3 s “Acer W*****1USS 13 ■0.5 18 13 13 13 13.5 32 4.5 s AcmiWO'0724 .17.5 ■2.5 418 20 17.5 17.5 18 171,440 words
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Article166 1999-03-27 19 (9am,March 26) Buylng00 Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0910 1.1140 CanaO'a" do"a' 1.'350 1.1590 NZ do'ia r 0 9190 0.9390 Sterling pouno 2 7950 2.8240 US do'iar ***** ***** Singapore dollars to 100 units of foreign currency Austrian schilling 13.40 13 80 Belgian166 words
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Article, Illustration422 1999-03-27 20 LEONG CHAN TEIK - It gets boost from higher fare revenue and advertising income and savings from the Govt s cost-cutting measures O Hi LEONG CHAN TEIK SINGAPORE Bus Service (SBS) on Tuesday reported fullyear earnings soared 79 per cent to $39 million on an increase in422 words
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560 1999-03-27 20 TAMMY TAN - liu_ TAMMY TAN SINGTEL Mobile is trving to find out the identity of an Internet user who had allegedly libelled the company through a message circulated in an Internet newsgroup and it is threatening to sue him. The company was reacting to allegations about560 words
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422 1999-03-27 20 AMYBAEAN - 'll AMYBAEAN IN A move that will fan the flaring home-loan war further, Ol’B on Thursday slashed its promotional rate to 4 per cent for the first year anti 5.75 per cent for the fourth year and beyond making it just about422 words
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334 1999-03-27 20 LEONG CHAN TEIK - »1L LEONG CHAN TEIK NISSAN distributor Tan Chong International posted a 12 per cent jump in full-year earnings to HK5151.2 million (5533.3 million) in its maiden results. It beat its own forecast of at least HKSI3O million made before its listing last July.334 words
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Page 19 Advertisements
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Advertisement15 1999-03-27 19 r Buy It. Sell It. Find It. X?*X. Classified. Call Today For Results Tomorrow. 1800-737-116615 words
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Page 21 Advertisements
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Advertisement840 1999-03-27 21 The Straits Times Weekly Edition APPOINTMENTS WHO WILL TAKE THE EDITOR'S SEAT? Will it be vow? You will be the editor of the business magazine Directions Magazine. The successful candidate will manage an editorial team and oversee the day-to-day activities of the editorial section He/she will be responsible for providing840 words
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Page 22 Advertisements
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Advertisement1079 1999-03-27 22 Share Our Vision Of The Future DBS Property Services Pte Ltd, a wholly owned subsidiary of DBS Land invites dynamic persons to join its marketing team as: CUSTOMER FOCUS MANAGER Leading a team, you will be responsible for pre post handing over activities to owners ot r esidential properties. Duties1,079 words
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FORUM
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Article, Illustration679 1999-03-27 23 THREE cheers to MP Davinder Singh for raising a point in Parliament, that more scholars should be deployed in the private sector. I share his concern that our top brains are not necessarily given “the best environment to fully develop their potential as\I)\M I I 1 - 679 words
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398 1999-03-27 23 AS FEEDBACK to the new emphasis on the learning and teaching of Chinese. I had suggested that the Government adopt an even-handed approach to all ethnic groups in Singapore given our professed commitment to meritocracy as a key cornerstone in our nation-building agenda. More specifically.398 words
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578 1999-03-27 23 TO SEE a huge company threatening to sue “Nokia Boy" is at best amusing and. at worst, laughable (unless you're Nokia Boy). It makes Sing Tel look rather silly. Already, there arc newsgroup postings which poke tun at this threat. It578 words
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591 1999-03-27 24 SALMA kH ALIK - Six work groups will establish basic policy frameworks and desired outcomes. They will report on findings in 6 months 1 O ’ll SALMA kH ALIK NO OUT-of-bounds markers will be set, and there will be no sacred cows for the six work591 words
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Article, Illustration102 1999-03-27 24 JOB FAIR ATTRACTS 5,000: More than 5,000 job-seekers turned up at Eastpoint Mall in Simei on Tuesday, hoping to land a job with one of the lb employers who had set up job booths at the shopping mall. About 700 job vacancies were on offer atAZIZ Hi'SSIN - 102 words
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396 1999-03-27 24 DENNIS CHAN - Hi, DENNIS CHAN IN MELBOURNE SINGAPORE Airlines’ (SIA) ambitions to have a stronger lock on the "Kangaroo route" to Australia and move closer to being a global airline presence is poised to take wing with official confirmation on Thursday that it is taking a396 words