The Straits Times : Weekly Overseas Edition, 28 August 1999
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1999-08-28
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The Straits Times : Weekly Overseas Edition
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Title Section20 1999-08-28 1 The Straits Times Weekly Edition Saturday August 2<S. 1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/9920 words
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750 1999-08-28 1 ZURAIDAH IBRAHIM - Besides building first-world economy, excellence in sports, education and arts is also important, says PM Goh at rally Hjl} ZURAIDAH IBRAHIM MAKE this place more precious. Make it a first-world economy and a world-class home. Let it be an oasis of750 words
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Article, Illustration238 1999-08-28 1 Prime Minister Goh Chok Tong on how Singapore will take on the world FIRST-WORLD ECONOMY "It is no longer good enough just to be the best in the region. We have to look beyond the region and strive to become one of the best economies inPhoto \V«\C. KWAI CHOW - 238 words
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Page 1 Advertisements
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Advertisement63 1999-08-28 1 L A w 'Unreasonable' Affair His relationship with ex-TCS actress Cherie Lim is one reason custody of the kids of former ‘remisier king’ Peter Lim has been granted to his wife, paces Obituary Aids Spokesman Dies The first person in Singapore to step forward and talk openly about living with63 words
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PRIME NEWS
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603 1999-08-28 2 NARENDRA AGGARWAL - The global electronics boom and pick-up in demand from region’s recovering economies give shipments a big boost By NARENDRA AGGARWAL EXPORTS of Singapore-made goods surged 12 per cent last month from a year ago, riding a global electronics boom and benefiting from a pick-up603 words
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618 1999-08-28 2 WENDYTAN - *1 WENDYTAN SINGAPORE is aiming to grow more leafy- vegetables here and farm more fish, so that it does not have to depend so heavily on imported food. So more land will be released for vegetable farming. Much of the fish eaten618 words
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Article, Illustration250 1999-08-28 2 CHL A CHIN HON - bil CHL A CHIN HON AN exhibition room at the Singapore History Museum was partially damaged by fire on Sunday morning. But most of the archaeological artefacts on display were saved from the flames, thanks to the quick action by firefighters and an eagle-eyed curatorTAN SCAN AW - 250 words
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Article312 1999-08-28 3 LESLIE KOH - *1 LESLIE KOH THE gloom and doom of last year’s economic crisis has given way to a more optimistic outlook going by the more cheerful faces of undergraduates at a recruitment fair held at National University of Singapore on Wednesday. It was in312 words
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373 1999-08-28 3 WENDYTAN - CONCERN OVER ABUSE OF SERVICES By WENDYTAN THE Media Corporation of Singapore, which owns Singapore’s television and radio stations, will be pulling the plug on advertising for chat-line services next month. The current affairs programme on television, Talking Point, said on Tuesday that373 words
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Article, Illustration541 1999-08-28 3 The project, which will span 10 years, will give the popular haunt a 2-km boardwalk, a new ferry terminal and a 600-m beach THE beach is coming back to Changi with a bang. A $7O-million project to improve facilities at Changi Point will seeSource: UR*; JAIKIIA lIASIIIM Photo* STEVEN I.EE - 541 words
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HOME
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Article554 1999-08-28 4 Firms are under severe price and cost pressures, so more layoffs can Be expected, warns BG Lee THE economic crisis may have passed, but the electronics industry is not out of the woods yet, Deputy Prime Minister Lee Hsien ixxmg warned on Monday. The good554 words
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347 1999-08-28 4 A COMPREHENSIVE framework, to ensure that workers are educated and trained to have the skills they need in the new millennium, will be launched next week. It is part of the Manpower 21 plan approved by the Government recently to enable it to develop Singapore's347 words
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Article, Illustration584 1999-08-28 4 ZUZAMTAZAKARIA - You've got mail but not yours! «V ZUZAMTAZAKARIA AN ANG Mo Kio resident was shocked to see a postman trying to stuff more than 1,000 envelopes into his mailbox last Thursday afternoon. The letters, all from DBS Bank, were addressed to different people whom he did not know. But theyTWSI'AV \\N - 584 words
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Article, Illustration608 1999-08-28 5 LIM SENG JIN - Judge finds behaviour of ex-remisier ‘unreasonable’. Ruling on division of matrimonial assets and maintenance deferred Bn LIM SENG JIN THE wife of former “king of remisiers” Peter Lim Eng Hock has been granted a divorce and custody of their two young children after608 words
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Article466 1999-08-28 5 CHUA CHIN HON - ANTARCTICA 2000 Bu CHUA CHIN HON TEAM members of the Antarctica 2000 expedition, back from their final overseas training in New Zealand and North America, are all set for the last lap of their preparations for the big adventure ahead. They will undergo intensive466 words
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NATIONAL DAY RALLY
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543 1999-08-28 6 Technology is breaking down national boundaries, so the Republic must adopt standards which are world-class WITH technology breaking down national boundaries, Singapore must move from being a regional economy to a firstworld one. And that means adopting world-class standards in everything it does, Prime543 words
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Article, Illustration769 1999-08-28 6 IF SINGAPOREANS continue to speak like the television sitcom character Phua Chu Kang, the country will end up with its own brand of English that no one else can understand. Singapore will then find it difficult to do business with the rest of769 words
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440 1999-08-28 7 Making Spore fun is important, says the PM, and he promises more funds to promote the arts SINGAPORE a Renaissance City. That is the vision which the Ministry of Information and the Arts is developing because an active arts scene is an important part440 words
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Article, Illustration149 1999-08-28 7 Sports. Arts. So*fftany ways tojbeuuifflJfffTKlM But one thing is missing: Taf§m3l The city goes on the prowl.». |jf "diHH "SIMPLY FUNKY." Time magazine “SO COOL" Financial Times (London) Starring... CATHERINE LIM Popular writer whose latest book, The Teardrop Story Woman, is a bestseller in London. SIEW SHAW HER149 words
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429 1999-08-28 7 SINGAPORE must continue to attract talent, regardless of the state of the economy, and even when the unemployment numbers are up, said Prime Minister Goh Chok Tong. It cannot be a first-world economy or a world-class home without talent whether it is in the429 words
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Article, Illustration596 1999-08-28 8 KAREN WONG - Bright colours and pop tunes featured at Aids victim’s cremation at Mount Vernon OIL KAREN WONG DANCE music played at Mount Vernon Crematorium's Hall Two last Saturday afternoon, and the mourners came dressed in red. blue, pink and orange. “The Boss" by Diana Ross was heard. ItCHF.WSF.NCKIM - 596 words
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Page 8 Miscellaneous
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Miscellaneous1062 1999-08-28 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 Word1,062 words
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SPORTS
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Article665 1999-08-28 9 r SANTO KJI SINGH - A controversial red card means the team captain must sit out the big match next Wednesday TIGER BEER S-LEAGUE SOCCER Hi r SANTO KJI SINGH THE Warriors beat Gombak United 4-0 but the victory came at a heavy’ price as team captain Nazri Nasir was665 words
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Article, Illustration87 1999-08-28 9 Support is important for sportsmen. This was stressed at the presentation of The Straits Times/Coca-Cola Youth Sports Award to The Chinese High School on Thursday. The Chinese High School maintained its outstanding record at this year’s Schools’ National Track and Field Championships. Both Alison WorthingtonSOM A TAN - 87 words
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409 1999-08-28 9 LEE YULIN - NETBALL Bn LEE YULIN IT WAS a warmer-than-ex-pected welcome for Australian goaler Jocelyn Bryant but Singapore’s first-ever “imported" netball player survived it nonetheless. The occasion was a training match between the national team and one of Singapore’s top clubs, Nike. And the409 words
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Article311 1999-08-28 9 SANTOKH SINGH - HOCKEY Hi SANTOKH SINGH JANSENITES, one of Singapore’s oldest hockey clubs, received the perfect gift for its 40th anniversary when it was invited to play in the Malaysian Hockey League, starting on Sept 4. The club will be the first foreign team to play in311 words
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MALAYSIA
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456 1999-08-28 10 BRENDAN PEREIRA - There is also a need to organise the entry of workers, Mahathir tells news conference after bilateral talks with Habibie BRENDAN PEREIRA IN KUALA LUMPUR MAI.AYSIA home to an estimated one million Indonesian labourers will open its door to skilled labour from its Asean456 words
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Article, Illustration502 1999-08-28 10 Brendan Pereira - Brendan Pereira THE Democratic Action Party’s Lim Guan Eng walked out of prison on Wednesday to a hero’s welcome and instantly became the symbol of an opposition coalition seeking to dislodge the National Front. A multi-racial crowd of 3,000 people took over a twolaneHKUTKRS - 502 words
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435 1999-08-28 10 ALOR STAR The opposition Parti Islam (PAS) has said that it will not participate in the National Day celebrations organised by the government next week, claiming that one of the activities during the event is “un-Islamic". PAS president Datuk Fadzil435 words
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SOUTH-EAST ASIA
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Article441 1999-08-28 11 Amid violent clashes, Habibie decides to free jailed East Timorese separatist leader -AFP, Reuters JAKARTA Indonesian President B.J. Habibie has decided to free jailed East Timorese separatist leader Xanana Gusmao around the middle of next month, Justice Minister Muladi said on Thursday. The announcement-AFP,; Reuters - 441 words
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Article, Illustration48 1999-08-28 11 nr.t i r.n> A Cambodian craftsman putting the finishing touches on a statue of Buddha at his workshop in Phnom Penh on Tuesday. Buddha statues will he in demand next month when Cambodians offer temples the statues at the annual Kathenn Tean festival. KKVTERSKKVTERS - 48 words
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362 1999-08-28 11 KAY JOHNSON - By KAY JOHNSON IN PHNOM PENH A TEAM of senior United Nations officials arrived on Wednesday for what could be tough, make-or-break talks on finally trying leaders of the horrific 70s Khmer Rouge regime for crimes against humanity. Control over who is called362 words
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427 1999-08-28 11 EDWARD TANG - EDWARD TANG THAILAND CORRESPONDENT BANGKOK Thailand’s opposition is working overtime, drumming up new schemes to keep itself election-fit, despite the government ruling out the possibility of one being held this year. A resurgent economy under the Chuan Leekpai government has increased the427 words
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COMMENTARY
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Article600 1999-08-28 12 TUESDAY AUGUST 24,1999 IT IS a measure of Singapore’s leadership that while other countries in the region struggle to stay afloat in the wake of the Asian financial maelstrom, it is busy working to transform this island into a world-class renaissance city. Such is Singapore’s good fortune. Prime600 words
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Article572 1999-08-28 12 WEDNESDAY AUGUST 25,1999 IN HIS National Day Rally speech, Prime Minister Goh Chok Tong handled sensitively the question of Muslim students who attend madrasahs, the Islamic religious schools. The issue is a delicate one because religion looms large in the choice which the parents of such students572 words
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Article, Illustration665 1999-08-28 12 YEONG AH SENG - SECOND LAST WORD Hu YEONG AH SENG IT IS cool living in the electronic age. We get to enjoy the benefits of personal computers, the Internet, automated teller machines (ATMs) and all kinds of gadgets and devices, many of which have enriched our lives.665 words
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Article1256 1999-08-28 13 CHIA LEE lIOONG - MY VIEW »'J /CHIA LEE lIOONG ALL men, in default, are women, a friend stated recently. This was neither an embittered misogynist nor a man-hating feminist. It was a doctor speaking with the authority of medical research behind him. 1 expressed incredulity, only to find1,256 words
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Article1125 1999-08-28 13 CHUA Mi l lIOONG - PRESIDENTIAL CONTEST K'l CHUA Mi l lIOONG THINGS arc all settled now. In a few days' time Mr S. R. Nathan will be sworn in as the Republic's sixth President. He will be the Elected President, although there was no election because no one1,125 words
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INSIGHT
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Article, Illustration1893 1999-08-28 14 Zackaria Abdul Rahim; and Krist 800 - Are Singaporeans any wiser about the role of the elected President after the Padiamentanj debate this week? What conclusions can be drawn from this unprecedented episode in the political history of the country? IRENE N 6 examines the issues. Additional reporting by Zackaria AbdulNOKI. HOSAI.KS - 1,893 words
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Article1058 1999-08-28 15 1/ C III RI W george - THINKING ALOUD 1/ C III RI W george WHETHER in DBS Bank or the South-east Asian Games squad, Singapore Inc is making imported talent part of its winning formula. Foreign talent, said Senior Minister Lee Kuan Yew the previous week, will be the critical ingredient1,058 words
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969 1999-08-28 15 CHE A LEE lIOONG - LAST WEEK IN POLITICS CHE A LEE lIOONG FROM social worker to President. Mr S.R. Nathan, ex-civil servant and exdiplomat, but always Singaporean extraordinaire, was returned unopposed last Wednesday and will be sworn into office next month. He starts a new chapter in969 words
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MONEY
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382 1999-08-28 16 THE past week started with much optimism but this upbeat mood seemed to fizzle as the week wore on, dealers said. Euphoria swept ahead of the US Federal Reserve’s widely expected interest rate hike of 25 basis points on Monday and the local benchmark382 words
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Article76 1999-08-28 16 Straits Times Index The Straits Times Index gained 67.21 points on the week to 2,154.6. DAY CLOSE TURNOVER Monday 2,124.0 (*36.55) 654.2m ($724.1m) Tuesday 2,120.0 3.95) 563.1m ($729.8m) Wednesday 2,136.4 (*16.34) 292.9m ($528.0m) Thursday 2,162.5 (*26.18) 423.9m ($662.2m) Friday 2,154.6 7.91) 219.5m ($456.7m) BT-SRI Index The BT-SRI76 words
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Article1851 1999-08-28 16 Company Oat* ann Not earn TV LV <$m) <$m) CPS TY LY (cts) (cts) AsiaPac Brow Jun 11 1 28.597 37.235 11.3 14.7 Alexandra Jun 30 P 0.436 9.575L 1.45 32L Advanctd Sys Jun 23 P I4.093L 12.004 12L 10.6 Acer Aug 13 1 8.621 0.352 5.20 0.211,851 words
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Article73 1999-08-28 16 BONUS ISSUE CkBooks Acc Company Ratio date closo Paymt IDT Hidgs one-for-four Aug 13 Aug 20 Aug 31 OTHERS Ex* Books ACC 6 Company Ratio date close Paymt DBS Proposed Reorganisation ot the Share Capital of the bank involving a Special Bonus Of New Ord shares for the73 words
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Article57 1999-08-28 16 Company Description inno-Pac Proposed Placement of 52,100,000 New Ord Shares of SS0.20 each In the capital of Inno-Paclflc Holdings Ltd OUB Proposed Reorganisation of the Share Cap of OUB Involving a special Bonus Issue of new shares for the purpose of removing restrictions on Foreign Ownership of its57 words
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Article225 1999-08-28 16 Company Place Date Time OB Hldqs A 29 Loyanq Crescent S'pore(S*****) Sep 22 10.00am Comfort Grp A Sapphire Suite Orchid Country Club «1 Orchid Club Rd $'pore(*****2) Sep 21 3.00 pm OCBC E 65 Chulia St •50 00 OCBC Centre S'pore(049S13) Sep 20 3.10pm Vtnturo Mfq E S006225 words
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Article866 1999-08-28 16 Payment (cts) Ex data Books dose Pay data Australand ASOc 0 A3 Jul 30 Aug 6 Auq 26 Avimo 20c 1 2.25 Jul 20 Jul 27 Aug 12 Brilliant 8c b 0.8 Sap 17 Sap 24 Oct 7 Bukit Samb b 20 Aug 26 Sap 2 Sap 15866 words
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Article1554 1999-08-28 17 UNIT TRUSTS FUNDS Aug 28,1999 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asm Ltd Aberdeen S pore Gr Fd 1.781 1.872 Aberdeen Select Portfolio American Opport Fd 1.060 1.114 Continental Euro Eqty Fd 1.045 1.098 Japan Eqty Fd 1.384 1.454 Asian Fixed income Fd 0.964 0.994 Pacific Equity Fd!**1,554 words
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Article, Illustration485 1999-08-28 17 Bti NARFNDRA AGGARWAL - It aims to tailor training programmes and manpower rules to meet the needs of international trading firms «V Bti NARFNDRA AGGARWAL SINGAPORE will review its training and manpower policies to cater to the needs of the large number of international trading companies based here, TradeCHCWSKNCKIM - 485 words
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Article277 1999-08-28 17 WALTER FERNANDEZ - By' By WALTER FERNANDEZ AFTER five years of painstaking groundwork, a new version of ISO 9000. the coveted international mark of qualitystandards, will be released towards the end of next year. This was announced last Friday by the chief executive of the Singapore Productivity and277 words
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Article4267 1999-08-28 18 Transaction date: Aug 27,***** MULTI INDUSTRY 52-Wk Curr List High Low Company Traded Salt ♦orVol 000 Day High Low Cr's Oiv Net M Cap P/E Smil Wt Avg Prlct 182 17.5 m D AcmaSOc 130 ♦1 73 130 127 10 10.7 215.1 129 84 25 c Alliance4,267 words
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Article1036 1999-08-28 19 52*Wh Hiqh Low Curr Lost Company Traded Solo ♦orVol '000 Day Hiqh Low Gr's Dlv% Net P/E M Cap $mll Wt Avq Price MANUFACTURING 218 43 C AS Auto 10c 200 ♦5 506 202 191 10 N 228.4 193 137 45 c ASJ Hldqs 20c 87 •7 17 921,036 words
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Article1435 1999-08-28 19 BONDS, LOANS WARRANTS Transaction date: Aug 27,***** 52-Wh Hiqh Low Company Last Sala ♦or Vel 000 Doy Hlqh Low Last Ouota Buyar Sallar Wt Avg Prlca 104 3 s "Actr W*****1 US$ .55.5 ♦2 184 55 5 51 55 56 80 4.5 s Acma W*****4 41 ♦1 69 41 401,435 words
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Article137 1999-08-28 19 (9am, Aug 27) Buying OD Selling Singapore dollars to on* unit of foreign currency Australian dollar 1.0590 1.0740 1.1150 1.1390 NZ dollar 0.8570 0.8750 Sterling pound 2.6730 2.7010 1.6860 1.6970 Singapore dollars to 100 units of foreign currency Austrian schilling 12.72 12.99 Belgian franc 4.330 4.430 Chinese renminbi 18.70137 words
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507 1999-08-28 20 Bi/ NARENDRA AGGARWAL - Nine more firms will set up base here after winning the Approved International Trader status Bu Bi/ NARENDRA AGGARWAL SINGAPORE'S vibrant international trading scene is set to receive a further fillip with new mega-players setting up shop to tap the Republic’s resources to grow507 words
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Article, Illustration76 1999-08-28 20 Courier DHL Worldwide Express has opened its new Express Logistics Centre, costing US$2.5 million (554.2 million), at Tai Seng Drive to exploit a market which it expects to grow by at least 18 per cent annually for the next five years. DHL also plans to invest US$34 million76 words
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Article241 1999-08-28 20 SINGAPORE consumer prices rose a gentle 0.3 per cent last month over the previous month on the back of a firming real estate market and higher price tags on clothes. Compared w'ith the same month last year, July’s prices were up 0.6 per cent, according to a241 words
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640 1999-08-28 20 KALPANA RASHIWALA - By By KALPANA RASHIWALA FREEHOLD and 999-year leasehold sites for residential development bought since the beginning of the year can yield about 3,500 private homes, shows a study by property consultant Jones Lang LaSalle (JLL). Although the Government will keep this potential640 words
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Page 19 Advertisements
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Advertisement14 1999-08-28 19 Buy It. Sell It. Find It. Classified. H Call Today For Results Tomorrow. 1800-737-116614 words
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Page 21 Advertisements
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Advertisement981 1999-08-28 21 The Straits Times Weekly Edition APPOINTMENTS Hold on to your dreams. In 1876, Lars Magnus Ericsson made his dream come true and opened his own little repair shop for telegraph equipment. Today, Ericsson is a world leader in telecommunications. About 100,000 people work for Ericsson in 140 countries. We have981 words
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Page 22 Advertisements
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Advertisement981 1999-08-28 22 M>. Cost People! Consciousness A Attitude «Customer Focus mm -f" El >$ a A Winning Culture That Puts You On The Road To Success JIT is ranked amongst the world’s top 20 electronics manufacturing services providers and is one of the fastest home-grown MNCs. Our success is largely due to981 words
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FORUM
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284 1999-08-28 23 Pre-qualifying candidates will ensure that any candidate standingfor election will make a suitable President, whether or not there is a contest. THERE is no need to fine-tune the pre-qualifying process for electing the President as suggested by Mr Ong Chin Bee (ST, Aug 21).284 words
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Article, Illustration196 1999-08-28 23 1 REFER to the letter “Not all bull terriers need to be muzzled” by Mr Gordon Tan (ST, Aug 18). We thank Mr Tan for the valuable advice he gave to dog owners when walking their dogs in public. Under the Dog (Licensing and Control)196 words
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408 1999-08-28 23 It’s a chicken and egg situation If more people use recycled products and demand went up, production costs would go down. This would also translate into lower prices for such products. I WAS very encouraged bv Liow Lee Hsiang's letter, “Environmental awareness part of a408 words
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Article298 1999-08-28 23 The people in the lower ranks of the bank do not seem to share the kind of vision that the management has set its sights on. I AM disheartened to hear that DBS Bank has made another mistake. The case of the Ang Mo Kio298 words
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Article, Illustration813 1999-08-28 24 l ZLRAIDAH IBRAHIM - Investigators say someone in cockpit altered stabiliser setting, causing plane to plunge l ZLRAIDAH IBRAHIM SILKAIR MI 185, which crashed in Indonesia in December 1997 might have been brought down deliberately by human action, said investigators, who stopped short of confirmingCr»h pirturr AZIZ lIISSIN; In,rt pit (lire CKORCE GASCON - 813 words
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497 1999-08-28 24 WHY was Captain Tsu Way Ming allowed to fly, despite being disciplined three times before the Dec 19 crash in 1997? That was the overriding concern of about 50 family members who were given an update on the investigations at the Singapore Airport497 words
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225 1999-08-28 24 ALL pilots have to undergo regular medical examinations which cover both their physical fitness and mental state of mind, the Civil Aviation Authority of Singapore said on Wednesday night. Both pilots of Flight MI 185 had passed their medical examinations, in accordance with pilot licensing225 words