The Straits Times : Weekly Overseas Edition, 4 September 1999
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1999-09-04
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The Straits Times : Weekly Overseas Edition
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Title Section19 1999-09-04 1 The Straits Times Weekly Edition Saturday September 4,1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/9919 words
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Article, Illustration440 1999-09-04 1 ZURAIPAH IBRAHIM - He pledges to put national interest first and will work with the Government to realise the intent of the elected Presidency J Bij i ZURAIPAH IBRAHIM MR S.R. Nathan was sworn in as Singapore's sixth President on Wednesday night and pledged to perform hisWONG KWAI CHOW - 440 words
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Article, Illustration155 1999-09-04 1 CHILDREN with colds, diarrhoea and rash turned up at a clinic set up by Singapore volunteers in Derince, one of the Turkish cities that bore the brunt of the recent earthquake. The volunteers represent High Point Community Services Association, Singapore Turkey Friendship Association and Touch Community155 words
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Page 1 Advertisements
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Advertisement62 1999-09-04 1 UNSURPASSEDINLAST2SYE Singaporean Tops At Former Hwa Chong Junior College and RI student Chong Chan Vee is the first Singaporean to emerge a valedictorian at Princeton. page 4 ‘SOMETHING old, something new Parliament Moves To New House On Monday, Parliament will move to the new $lOB million complex. The old Parliament62 words
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PRIME NEWS
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523 1999-09-04 2 THE past six years have been a learning exercise for both the President and the Government, said Prime Minister Goh Chok Tong at the President’s farewell reception on Monday night. He said the Government had sought to resolve differences with the President523 words
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Article, Illustration258 1999-09-04 2 ARMED with only 50 photographs of the late President Benjamin Sheares, artist Lim Yew Kuan spent the last three months working on creating as life-like a bust of the man as possible. It had been commissioned by President Ong Tcng Cheong for the Sheares Room in theSHIS MIS - 258 words
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527 1999-09-04 2 SAMANTHA SANTA MARIA - Science and technology board to manage one part ofUSslb Technopreneurship Investment Fund, GIC to manage other two By SAMANTHA SANTA MARIA THE US$l billion (551.68 billion) that Singapore has set aside to grow a technopofis here has been split into three parts. The first part,527 words
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561 1999-09-04 3 AHMAD OSMAN - It will support continuing education and training to keep all workers employable well into the next century *L AHMAD OSMAN THE Government is setting aside $2OO million to support continuing education and training programmes for workers, so that they will stay employable well into561 words
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475 1999-09-04 3 TANHSUEHYUN - Bu_ TANHSUEHYUN THE Government is prepared to release land for 10,000 to 15,000 private homes each year, and home buyers will be given updates to allow them to make informed choices of when to buy. Minister for National Development Mah Bow Tan said475 words
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Article, Illustration419 1999-09-04 3 WENDY TAN - First woman to win Young Scientist Award for her work on cell death Ĕ!L WENDY TAN MADAM Li Peng seems like the perfect mother. Every evening, the petite 34-year-old sets aside time to play the piano and read to her children, a son agedKEN TAY - 419 words
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HOME
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590 1999-09-04 4 KOH BOON PIN - Increase in cases filed could be due to growing awareness, not rising tide of violence, says MCD m. KOH BOON PIN FAMILY violence appears to be on the rise, with an estimated 2.600 complaints filed with the Family Court last year, a 30590 words
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Article, Illustration308 1999-09-04 4 FORMER Hwa Chong Junior College and Raffles Institution student Chong Chan Vee has become the first Singaporean to emerge a valedictorian at Princeton University. A valedictorian is usually the top graduating student who is asked to make a farewell speech at the school’s graduation ceremony.AZIZ HCSSIN - 308 words
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Article242 1999-09-04 4 THE Singapore Institute of International Affairs, a non-gov-emment organisation, plans to send a fact-finding mission to Indonesia to address the haze problem, said its chairman, Mr Simon Tay, who is also a Nominated MP. Mr Tay, who will lead the delegation to Jakarta in October,242 words
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Article177 1999-09-04 4 HOLIDAY cruises contribute at least $5OO million a year to Singapore’s economy. The business also provides jobs for many people, ranging from dock workers to chamber maids. And for every dollar that passengers spend on cruises, airlines and hotels earn another $2. Other parties such as177 words
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Article, Illustration526 1999-09-04 5 Prof Ho Peng Kee announces the set-up of Land Net which links land databases of govt agencies MORE land data will be available to businesses and in three years' time, a more accurate Global Positioning System (GPS) will be in place to pinpointST CRAPHICS - 526 words
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Article, Illustration491 1999-09-04 5 YEOH EN-LAI - Bu YEOH EN-LAI FORMER ambassador and prominent businessman Ho Rih Hwa, 82, died on Saturday, five years after suffering a serious stroke that left him wheel-chair-bound. He died at around 4 pm at the family home in King Albert Park surrounded by491 words
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Article180 1999-09-04 5 SINGAPORE’S elite climbers have set their sights on climbing two of the Seven Summits in a new national project. The Seven Summits are the highest peaks of the seven continents of Asia, Africa, Europe, Oceania, Antarctica, North America and South America. Mr David Lim, 34, who180 words
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571 1999-09-04 6 TAN HSUEH YUN - Among ideas: Studio flats integrated into regular blocks and nomes with removable walls *L TAN HSUEH YUN ELDERLY Singaporeans may be able to buy studio flats which are integrated into regular HDB blocks with four- and five-room flats. And the Housing Board is571 words
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Article, Illustration390 1999-09-04 6 TURNING the old Thong Chai Medical Hall building into a disco-pub might be incompatible with its history, but it gives the restored building commercial value. National Development Minister Mah Bow Tan said a balance has to be struck between finding a commercial value390 words
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432 1999-09-04 6 KARAMJIT KAUR - *L KARAMJIT KAUR MORE than 50 Auto Asia customers who have not got the cars they bought have been told that they will now have to fork out more than $60,000 each if they still want the cars. The amount is on top432 words
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Article, Illustration606 1999-09-04 7 The widow of Captain Tsu broke her silence last night, and said he had been a good husband, son and father. KOH BOON PIN and GERAUNNE YEO report. EVELYN TSU would prefer to be left alone. Reporters who waited outside her home606 words
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Article, Illustration481 1999-09-04 7 CAPT TSU 'UNFAIRLY BLAMED HE WAS not a man who would leave his parents, wife and three sons stranded. That was not the kind of man Tsu Way Ming was, said a former colleague. The pilot, who declined to be named, said: “He always talked about his family and his481 words
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345 1999-09-04 7 THE chief Indonesian investigator of the Silk Air crash said last Saturday that it was certain that the action which brought down Silk Air Flight 185 was made in the cockpit. He ruled out the possibility that the nose-down setting of the plane’s345 words
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363 1999-09-04 7 THE families in the Silk Air MIIBS association have clarified that they had proposed an independent commission of inquiry to look specifically into the human factors in the crash and the airline’s procedures. The association said that the inquiry was not meant to duplicate363 words
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Article, Illustration555 1999-09-04 8 IRENE NG - On Monday, Parliament will adjourn midway and everyone will walk across to new complex BtL IRENE NG SINGAPORE will see history on the move on Monday, when Parliament next sits. The sitting at the old House will be adjourned midway, and will resume at theCEORCECASCON - 555 words
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168 1999-09-04 8 NATALIE SOU - Hu_ NATALIE SOU THE Old Parliament House will soon be converted into h heritage and arts centre. Sources said the Singapore Symphony Orchestra (SSO) administrative offices w'ill occupy part of the Parliament annexe block. Film screenings and concert recitals will be held in168 words
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Page 8 Miscellaneous
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Miscellaneous1061 1999-09-04 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 Word1,061 words
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SPORTS
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381 1999-09-04 9 SHIRLYNN HO-PEREIRA - Court order to repay money owed to ex-official, who refused payment in monthly instalments By SHIRLYNN HO-PEREIRA THE Singapore Squash Rackets Association has had its bank account frozen. It was served a court order to repay money owed to its former secretary Haridas Nair earlier381 words
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Article270 1999-09-04 9 lIARIKAT RAI - Bn lIARIKAT RAI SINGAPORE will play host to a record number of athletes during the Asian Junior Athletics Championships, but its own preparation is being hampered by a shortage of runners, jumpers and throwers. The Sept 30-Oct 3 meet falls in the middle of the year-end270 words
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Article, Illustration498 1999-09-04 9 SANTOKH SINGH - %i SANTOKH SINGH THERE were no goals but the football was a credit to the SLeague, as Singapore Armed Forces FC and Home United shared the spoils at the Jurong Stadium on Wednesday night. The accolades were lavished from all corners as 6,444JOSK RAYMOND - 498 words
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210 1999-09-04 9 THE Basketball Association of Singapore has terminated the contracts of its seven Chinaborn players who were hired at the beginning of the year. The five girls and two boys are full-time Secondary One students in Chung Cheng High School (Main) currently. They are between210 words
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MALAYSIA
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548 1999-09-04 10 BRENDAN PEREIRA - The list of general-election requests touches on issues from equality of treatment for the races to freedom of the press Bn BRENDAN PEREIRA l\ KUALA LI'NIPUR CHINESE Malaysians arc trying to gain maximum mileage from the Mahathir administration's campaign to win their support548 words
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Article, Illustration99 1999-09-04 10 PETRONAS TOWERS OPENS WITH FANFARE: The tallest building on Earth came alive in Kuala Lumpur when it was opened amid a colourful fireworks display and a spectacular light-and-sound show on Tuesday night. The 420-m Petronas Twin Towers is seen as a symbol of Malaysia’s soaringThe Star/Asia News Network - 99 words
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252 1999-09-04 10 New Straits Times PADANG BESAR (Perlis) Drug addiction has taken some 400,000 men and women, aged between 20 and 40, out of Malaysia’s work force and this is aiarming the government. Deputy Home Minister Datuk Azmi Khalid said on Saturday that the drug menaceNew Straits Times - 252 words
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Article304 1999-09-04 10 Reuters NEW YORK In the beginning there were Chinese takeouts. Then came Japanese sushi bars. In the *****, Hunan and Sichuan cuisine sprouted. Then Thai. Now it’s Malaysian. It is food that celebrities like Harrison Ford, Julia Roberts, Demi Moore and Ben Affleck are chowing– Reuters - 304 words
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SOUTH-EAST ASIA
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Article, Illustration577 1999-09-04 11 Setya Novanto, the ruling party’s deputy treasurer, has been charged with breaking banking laws after police investigations Reuters, AFP JAKARTA An official from Indonesia’s ruling Golkar party has been charged formally in connection with a bank scandal that has rattled markets and sent tremors throughReuters,; AFP - 577 words
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267 1999-09-04 11 LUZ BAGUIORO - LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA Philippines President Joseph Estrada has called for the death penalty to be made applicable even to offenders under the age of 18 in the wake of a shocking rash of crimes by minors. “In my opinion, it should be267 words
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Article529 1999-09-04 11 AND IN TROUBLED D1L1... Reuters, AFP DILI Pro-Jakarta militias ruled the streets of downtown Dili on Thursday as Indonesian military commander General Wiranto pledged that his forces would deal with growing violence from militia members in East Timor. “He gave the guarantee that if there wasReuters,; AFP - 529 words
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COMMENTARY
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Article559 1999-09-04 12 WEDNESDAY SEPTEMBER 1,1999 WHATEVER the outcome of Monday’s referendum on East Timorese self-determination whether they opt for autonomy or independence the process set in motion by President B.J. Habibie is irreversible. The Indonesian military, which backs the integrationists, is hoping against hope that East Timor remains559 words
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Article611 1999-09-04 12 TUESDAY AUGUST 31,1999 NEWS that SilkAir MI 185 which crashed in Indonesia in December 1997 might have been brought down deliberately by human action cannot but fuel the distress of relatives of the 104 people aboard who perished. Unlike other factors that can result in an611 words
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Article, Illustration848 1999-09-04 12 ALANJOHN - SECOND LAST WORD By ALANJOHN QUICK. Name the top boy’s school in Singapore. And the top girls' school? Raffles Institution and Raffles Girls’ Secondary, you say. There you go. Everyone knows that. You don’t need an annual ranking of secondary schools to848 words
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Article1538 1999-09-04 13 JANADAS DEVAN - *L JANADAS DEVAN CONSIDER this: Of the great modern writers in so-called “English literature”, only a few were actually English. W. B. Yeats, James Joyce and Samuel Beckett were Irish. Henry James, Ezra Pound and T. S. Eliot were American. Wyndham Lewis was born in North1,538 words
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1003 1999-09-04 13 M. NIRMALA - MY VIEW M. NIRMALA IT IS tough being a parent. It is not a new conclusion but it continues to stump me each time it hits me. At a symposium on Aug 21, two women spoke about how the demands on parents had changed. Nominated1,003 words
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INSIGHT
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Article, Illustration1795 1999-09-04 14 Cosmopolitans keep the economic powerhouse going, but it is heartlanders who form the social core of Singapore. Is this a neic phenomenon or the old class divide given a neic twist? CHUA MIN HOONG examines the issue raised by the Prime MinisterNOEI. KOSAI KN - 1,795 words
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Article1061 1999-09-04 15 SONNYYAP - THINKING ALOUD By SONNYYAP FEELING poor today? VYTiy not take a leisurely walk to inspect your share of the nation's wealth? You could not have a more enriching start than doing a loop from Orchard Road. Bras Basah Road. Connaught Drive. St Andrew's Road1,061 words
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1238 1999-09-04 15 CHtA LEE lIOONG - LAST WEEK IN POLITICS By CHtA LEE lIOONG THE standard of English in Singapore entered the spotlight last week when Prime Minister Goh Chok Tong devoted a substantial part of his National Day Rally address to the issue. Occupying pride of place was1,238 words
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MONEY
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371 1999-09-04 16 Colin R. Tan - Colin R. Tan THE local bourse was stuck in the doldrums for the whole of last week as external factors weighed heavily on market sentiment and investors remained on the sideline, dealers said. Sentiment was fragile and the benchmark Straits Times Index lost 61.5371 words
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Article1859 1999-09-04 16 Company Oat# ann Net earn TY LY ($m) <$m) EPS TY IV (eta) (cts) AsiaPac Brew Jun 11 1 28.597 37.235 11.3 14.7 Alexandra Jun 30 P 0.436 9.575L 1.45 32L Allgreen Prop Aug 30 1 45.496 26.661 5.2 4.2 Advanced Sys Jun 23 P 14.093L 12.004 12L1,859 words
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Article75 1999-09-04 16 Straits Times Index The Straits Timas Index dropped 61.5points on the week to 2,093.2. DAY CLOSE TURNOVER Monday 2,151.4 (-3.25) 189.8 ($393.44m) Tuesday 2.117.2 (-34.21) 209.8 ($386.81m) Wednesday 2,122.3 (*5.17) 205.5 <$438.59m) Thursday 2,118.2 (-4.13) 216.9 ($415.75m) Friday 2,093.2 (-25.03) 228.1 ($421.35m) BT-SRI Index The BT-SRI Index75 words
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Article1018 1999-09-04 16 Paymant feta) Ex data Books dose Pay data Alex Hldqs SOc b 1.5 Sap 15 Sap 22 Oct 6 Amtek Hldqs 20c r 0.8TE Nov 24 Oacl Dec 10 Australand A50c 0 A3 Jul 30 Aug 6 Aug 26 Auric Pacific 50c 1 2 Oct 6 Oct 131,018 words
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Article60 1999-09-04 16 BONUS ISSUC Company Ratio Exdate Boohs close ACC Reymt ous ona-(or-four Sep 21 Sep 2S RIGHTS ISSUE Company Ratio Exdate Boohs dose Acc Paymt Koh Bros Renounceable rights issue ol up to 47.9m warrants on tha basis ot 1 warrant (or every 5 existing shares held at an60 words
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Article134 1999-09-04 16 Company Doicrlptlon Inno-Pec Proposed Placomont of 52,100,000 Now Ord Sheres Of S50.20 oach In tno capital of Inno-Padfic Holdings Ltd Urn Kah Nqam Proposed capital reduction exercise to reduce the par value of each share In the Issued and paid-up share capital of the Company from $1.00 to134 words
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Article249 1999-09-04 16 Company Piaca Data Tima Thakral A Gataway S Laval 2 Tha Pan Pacific Spora •7 Raffias Boulavard Marina Sguara S'pora(*****5) Sap 24 11.00am GB Hidgs A 29 Loyang Crascant S'port! *****5) Sap 22 10.00am Comfort Grp A Sapphire Suita Orchid Country Club »1 Orchid Club Rd S'pora<*****2) Sap249 words
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Article1556 1999-09-04 17 UNIT TRUSTS FUNDS Sept 4,1999 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mqt Asu 114 Aberdeen S'poreGr Fd 1767 1.857 Aberdeen Select Portfolio AmericenOpoort Fd 1.020 1.071 Continental Euro Eqty Fd 1.029 1.082 Japan Eqty Fd 1.440 1.513 Asian Fix*<j income Fd 0.957 0.987 Pacific Equity Fd. 1 1.157 1.2151,556 words
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Article, Illustration680 1999-09-04 17 KALPANA RASHIWALA - Deal paves way for Raffles Holdings’ flotation; DBS Land’s stake in hotel arm cut to 44.6% By By KALPANA RASHIWALA DBS LAND on Monday announced a share swap arrangement by all shareholders of Raffles City’ for interests in its soon-to-be-floated hotel arm RafflesDAVID KIVEK - 680 words
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Article483 1999-09-04 17 CHEEJANN PERNG - Bu CHEEJANN PERNG FUND managers in Singapore will now have to pay the Central Provident Fund (CPF) $7,000 a year for each of their unit trusts that is included in the CPF Investment Scheme (CPFIS). The money will be used to pay independent investment483 words
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Article4300 1999-09-04 18 Transaction date: Sept 3,***** MULTI INDUSTRY 52-Wk Curr List High Low Compiny Traded Salt ♦orVol 000 Day High Low Cr’s Olv Nit P/C M Cap Wt Avg $mil Prlct 182 17.5 m b Acma 50c 128 ♦1 67 128 125 10 10.5 211.7 129 84 25 c4,300 words
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Article1064 1999-09-04 19 52-Wk High Low Curr Last Company Traded Sala ♦orVol '000 Day High Low Gr's Dlv Nat P/E M Cap $mll Wt Avg Price MANUFACTURING 218 43 C AS Auto 10c 183 -1 136 183 181 ION 208.9 187 137 45 c ASJ Hldgs 20c 88 unch 17 88 861,064 words
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Article1451 1999-09-04 19 BONDS, LOANS WARRANTS Transaction date: Sept 3,1999 52* Wk High Low Company Last Sal* ♦orVol 000 Day High Low Last Ouote Buyer Seller Wt Avg Prlco 104 3 “Acer W*****1USS .47.5 unch 291 48.5 47 47 47.5 80 4.5 s Acma W*****4 .35.5 -0.5 171 37 35 35.5 37 381,451 words
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Article144 1999-09-04 19 (9am, Sept 3) Buying OD Selling Singapore dollars to one unit ot foreign currency Australian dollar 1.0770 1.0920 Canadian dollar 1.1160 1.1390 NZ dollar 0.8630 0.8820 Sterling pound 2.6970 2.7250 US dollar 1.6800 1.6910 Singapore dollars to 100 units of foreign currency Austrian schilling 12.95 13.23 Belgian franc 4.420144 words
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388 1999-09-04 20 TAMMY TAN - BY TAMMY TAN SINGAPORE Press Holdings (SPH) is spinning off its Asia One website as a separate company with an initial investment of $lO million, a sure sign that it is taking the Internet seriously. Asia One Internet Pte Ltd, a wholly-owned subsidiary,388 words
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Article, Illustration133 1999-09-04 20 ‘lt is very pleasing to note the increased representation by companies in an industry of high growth and demand.’ MR RON CATTELL Datacraft CEO on the addition of electronics firms, including his own Sector Who's in Who's out Commerce Dairy Farm International Holdings* Ingram Micro133 words
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Article450 1999-09-04 20 Bi/ DENNIS CHAN an /CHEE JANN PERNG - Six of them are technology stocks; annual review is to ensure that the 55-stock index continues to reflect daily market trading By Bi/ DENNIS CHAN an /CHEE JANN PERNG TEN component stocks on the widely-followed Straits Times Index are being replaced under an annual450 words
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431 1999-09-04 20 TAMMY TAN - Bn TAMMY TAN SINGAPORE Telecom (SingTel) is exploring the possibility of investing in a second satellite. Its first, ST-1, which cost US$24O million (Ss4o3 million), was launched successfully last year. Sources said the group was “open to the idea” of a second satellite investment but431 words
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Page 19 Advertisements
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Advertisement13 1999-09-04 19 Buy It. Sell It. Find It. Classified. Call Today For Results Tomorrow. 1800-737-116613 words
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Page 21 Advertisements
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Advertisement900 1999-09-04 21 The Straits Times Weekly Edition APPOINTMENTS International Data Corporation (IDC) is the information technology’s most comprehensive resource on worldwide IT markets, trends, products, vendors, and geographies. IDC provides data, analysis and advisory services to the world’s leading IT suppliers as well as IS professionals in finance, insurance, entertainment, advertising, consumer900 words
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Page 22 Advertisements
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Advertisement930 1999-09-04 22 QUALITY NEVER GOES OUT OF STYLE Levi Strauss Company, a branded casual apparel company with global presence. is looking for a Regional Logistics Mclf|(jQ@f To join its Asia Racific Division office in Singapore w PURPOSE: Provide tan6portation and Logistics services to the company by partnering with others in the global930 words
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FORUM
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273 1999-09-04 23 Buying a car is the second most expensive investment in Singapore, after the purchase of property. In buying a property, the money paid as deposit and instalments, be it to a developer in a new project or to an individual seller in273 words
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Article408 1999-09-04 23 THE man who unlawfully restrained and threatened to kill his wife claimed, in ‘Savage’ gets jail for beating wife up”(ST, Aug 27), to have resorted to doing so because she outspoke him and did not give him the chance to speak whenever they quarrelled. If true,408 words
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Article, Illustration287 1999-09-04 23 IN TWO separate news items this month, The Straits Times reported that two Indonesian maids who had been cleaning windows died after falling from a height (ST, Aug 3 and 26). And, within the last three years, two other Indonesian maids had287 words
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Article76 1999-09-04 23 I READ with interest the news that Cisco guards will now be given responsibility for monitoring parking offences. This seems to be a case of putting the fox in charge of the hen house. Every morning, Cisco trucks can be found among the many illegally parked76 words
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Article468 1999-09-04 23 THE tone and substance of Mr Wong Hoong Hooi’s (“Treat misunderstood men fairly”, above) views indicate an intensity of anger, even hate against women. He takes on the law on violence against women, arguing that, first, violence against women can be rationalised and second,468 words
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Article, Illustration145 1999-09-04 24 SHE'S A SUPER TEACHER! Two super teachers were picked from 853 nominated to receive the nation s highest teaching award the President s Award for Teachers. One is Mr Wilfred James, 58, from Dunman Secondary, who camps out with students till 4 am to help theSIM CHI YIN - 145 words
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391 1999-09-04 24 IRENE NG - With an eye on becoming a first-world economy, Govt wants to ensure next generation does not speak Singlish Sil IRENE NG AN ANNUAL Speak Good English campaign will be launched next year as part of efforts to expand the use of standard English and391 words
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585 1999-09-04 24 TANHSUEHYUN - Planners revise land use plan to factor in larger population Bu_ TANHSUEHYUN PLANNERS revising Singapore’s blueprint for long-term land use are working with a population projection of not less than five million. The initial figure of four million has to be revised as Singapore’s585 words