The Straits Times : Weekly Overseas Edition, 11 September 1999

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday September 11,1099 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 772 1  -  Move not only reflects nation’s success, but also symbolises the entrenchment of parliamentary democracy in Singapore, says PM *L CHLA LEE HOONG IT WAS a historic moment in Singapore’s parliamentary democracy as the state flag was lowered for the last time on the grounds of
    PICTURES: JEROME MIVC  -  772 words
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  • PRIME NEWS
    • 400 2  -  From October, two expressway stretches will have a speed limit of 90 kmh and 10 other roads will have their limit raised to 60 kmh 1l GERALDINE YEO SPEKD limits along two expressway stretches will he raised from 80 kmh to
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    • 488 2 ENGINEERS in Singapore are moving from construction sites and factory floors to research laboratories to carve a slice of the burgeoning market for medical devices, estimated to be worth billions. They are working with experts in science and medicine in a new discipline, known
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    • 455 2  -  FIRST COMMERCIAL WATER RECYCLING PLANT 'll JOANNE LEE SINGAPORE'S first commercial water recycling plant will go onstream months ahead of schedule at the beginning of next year on Jurong island. A project of SembCorp Engineering, the $5O-million facility will offer high-grade industrial water of a
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    • 525 3  -  The four new NMPs will join five serving NMPs who were renominated for second terms %L J LIDIA LIM THE list of Nominated Members of Parliament has been drawn up and there are four new faces among the nine people. The four arc:
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    • 554 3  -  DISCREPANCIES IN MINISTRY RECORDS Bu SALMA KHALIK THE Ministry of Defence signed for goods received when nothing had arrived. The Ministry of Education continued to pay the salaries of three former employees. The Primary Production Department did not exercise enough control over confiscated items such
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    • 562 3  -  §1 SITIANDRIANIF IF YOU are planning to sell your HDB flat to buy a smaller place, or want another flat the same size as the one you live in, think again. From next month, you will not be able to get a second
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  • PARLIAMENT
    • 2407 4 Senior Minister Lee Kuan Yew, the only member in the present Parliament who was one of the 25 elected assemblymen in the first Legislative Asset My in 1955, recounted on Monday his experience in the House. It might be useful to recapture, if only
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    • 654 5 Those who want to be part of the decision-making process must be prepared to join or support a political party, says PM Goh WHAT many people mean by consultation is not just to have their views heard but also to be able
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    • 530 5 EXTRACTS OF PM'S SPEECH “I AM leaving this place with fond memories. When I first entered this Chamber 23 years ago, I sat in the far corner where Chuang Shaw Peng now sits. Next to me w'ere Rahmat Kenap of Geylang Serai and
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    • 629 5 SENIOR Minister Lee Kuan Yew said on Monday that he would not shed any tears if the ruling People’s Action Party was ousted by a leaner, keener and shrewder team, as this w r as one way to
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  • HOME
    • 496 6  -  The police force is sending out a signal to its people that corrupt cops will not be tolerated By By TAN OOI BOON and CHUA CHIN HON WITH 14 policemen taken to court on corruption charges this year the highest number in a single
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    • 462 6  -  Bt, LEONGWENG KAM LIKE Singlish, chap chye Mandarin can be heard almost everywhere. The term chap chye which means mixed vegetables in Hokkien, was recently coined by Prime Minister Goh Chok Tong to refer to the local form of Mandarin mixed with Chinese
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    • 335 6  -  By JULYN KANG AT 47, avionics systems engineer Allan Lee is doing what most people can only dream of working on a space mission. As Singapore’s first and only scientist to work on a spacecraft mission, he helped to launch the Cassini Mission to Saturn
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    • 298 6 THE Government will form a Tamil Language Council, with its core coming from members of the Tamil Language Movement (TLM) which was launched officially on Saturday. The Ministry of Information and the Arts will also give the Tamil Language Movement a grant for its
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    • 404 7  -  Streetwise, a programme to keep youths out of gangs, wins Regional Youth Service Award §1 GRACE MA A LOCAL government-funded project to keep youths out of gang activities has won an international award for Commonwealth countries. The Streetwise Programme (SWP) won the Regional Youth
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    • 340 7  -  ONLINE BATTLE By By SAMANTHA SANTA MARIA WATCHDOG group Business Software Alliance will be working with Internet service providers (ISPs) here to take its anti-software piracy fight online. Speaking to The Straits Times, BSA president Robert Holleyman welcomed Singapore’s recent amendment to its Copyright Act,
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    • 346 7  -  §1 JOANNE LEE A NEW research centre has been set up to help local companies develop green solutions specific to their needs. The ENV-NTU Environmental Engineering Research Centre a collaboration between the Environment Ministry and Nanyang Technological University is headed by Professor
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    • 238 7 THE body of one of the two men who had jumped into Bedok Reservoir while escaping from police on Tuesday has been found. Police said on Wednesday that a man jogging near the reservoir had spotted the body floating in the water at about 7.30
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    • 585 8  -  Athletes, professionals and non-Chinese have turned to the ancient Chinese therapy as an alternative to Western medicine *L i JOANNE LEE WHEN national soccer player Kadir Yahaya, 31, is not training for a big game, he can often be found sprawled on a table in
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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
    • 720 9  -  S’porean who used inhaler for asthmatics one of three who failed dope test at SEA Games §!L CHANTSECHUEEN SINGAPORE swimmer Nicolette Teo, the surprise gold medallist in the 200-m breaststroke at last month’s Southeast Asia Games in Brunei, has tested positive for banned
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    • 441 9  -  Btl PETER KHOO TAKE soccer to the streets to increase the talent base. With that goal in mind, the Football Association of Singapore is planning to introduce a nationwide street soccer league next year. Street soccer is played on a four-a-side basis on a hard
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    • 325 9 -AFP ZURICH An Asian boycott of the 2002 World Cup was averted on Tuesday when Fifa president Sepp Blatter and Asian Football Confederation president Sultan Ahmad Shah reached an agreement on the allocation of teams for the finals. 'rhe AFC will remain with 4 Vi-
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    • 167 9 THE Singapore Squash Rackets Association will pay the money owed to its Former secretary in full. It had been served a court order to have its bank account frozen for not being able to repay Haridas Nair the $22,168.51 owed to him. SSRA
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  • MALAYSIA
    • 478 10  -  His urine shows high arsenic levels, says lawyer, who points finger at ‘people in high places’ By BRENDAN PEREIRA IN KUALA LUMPUR THE Anwar Ibrahim trial took a dramatic turn yesterday when his lawyer alleged that the former Deputy Prime Minister was suffering from arsenic poisoning
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    • 296 10 The Star/ Asia News Network KUCHING Schoolboy Tay Chong Wii, 9, set a Malaysian record by climbing up the stairs of a 21-storey building with his toes clenched. He completed the climb of 660 steps last Thursday in just 7 mins 11.22 secs twice as
      The Star/ Asia News Network; THE STAR/ASIA NEWS NETWORK  -  296 words
    • 344 10  -  BRENDAN PEREIRA IN BALING. KEDAH THE similarities are unnerving. Twenty-five years ago, this neat little town nestled on the Malaysian-Thai border became a part of the nation’s black history. Thousands of farmers, supported by university- students. took to the streets to demonstrate against falling rubber
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    • 91 10 Bernama KUALA LUMPUR Spurred by Prime Minister Datuk Seri Dr Mahathir Mohamad’s challenge to create world records, Malaysians are set to do so by laughing. The Rumah Bakti Old Students’ Association in Hulu Klang and an event-man-agement company are now looking for 60,000 Malaysians from all
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    • 347 10 these abuses,” he said. New Straits Times, Bernama. KUALA LUMPUR A Malaysian Internet service provider has taken action against 50 users for abusing the Internet Relay Chat (IRC) of a network which imposed a total ban on all Malaysians last month. The
      these abuses,” he said. New Straits Times, Bernama.  -  347 words

  • SOUTH-EAST ASIA
    • 590 11  -  Indonesian troops will calm down territory first, he says as Unamet withdraws most staff from area SUSAN SIM INDONESIA CORRESPONDENT JAKARTA Facing down world outrage over the despoliation of Dili and massacres of refugees and church workers by pro-Jakarta militias, Indonesia’s top general said yesterday
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    • 253 11 AFP JAKARTA Indonesia’s Parliament has agreed to impose tougher sanctions on companies violating the government’s ban on the use of fire to clear land and forest. According to the Bisnis Indonesia daily yesterday, MPs who discussed a draft forestry Bill agreed to slap company
      – AFP  -  253 words
    • 174 11 Sorry Manila says actress AFP MANIIA Hollywood actress Claire Danes has formally apologised for calling Manila “ghastly and weird" after a location shooting here last year, a report said. Danes, whose remarks led to a ban here last October on all films featuring the teenager, sent a letter of apology
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    • 385 11 AFP YANGON Troops manned roadblocks and patrolled the streets on Thursday as the authorities tightened a security net on Yangon after dissidents called for a nationwide uprising to end decades of military rule. Soldiers were out in force at government buildings and other sensitive sites and
      – AFP  -  385 words
    • 299 11 AFP, The Nation/Asia News Network BANGKOK Thai police probed the alleged suicide of an opposition lawmaker on Tuesday amid a frenzy of media speculation on the latest tragedy to hit an apparently cursed family of tycoons. Mr Hangthong Thammaw'attana, 50, was found dead early on
      AFP, The Nation/Asia News Network  -  299 words

  • COMMENTARY
    • 589 12 THURSDAY SEPTEMBER», 1999 THE first anniversary of Malaysia’s sweeping imposition of capital controls passed with barely a ripple. Contrary to predictions, there was no massive flight of capital when the lockin period for foreign portfolio investors<ended on Sept 1. Analysts had forecast outflows of as much
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    • 595 12 TUESDAY September 7,1999 AS EAST Timor descends into engineered chaos, the implications of the referendum on its future become appallingly clear. Last week, 78.5 per cent of voters, in a ballot marked by an outstanding turnout of nearly 99 per cent, rejected Indonesian rule. The
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    • 796 12  -  Btt 808 NG THE muted public response to Case’s recent announcement that it intends to press for a Fair Trading Act comes as a surprise to me. This is a move which I had thought would elicit widespread spontaneous support
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    • 1089 13  -  MY VIEW i CIIERIAN GEORGE FIVE years ago this month, a popular fiction writer published the first of a pair of political essays which started out as a gentle critique of Singapore leaders' governing style but ended up as a
      LVDWIC I CIO  -  1,089 words
    • 591 13  -  EYE ON THE WORLD ASAD LATIF SOMETHING homegrown is about to fall by the wayside: Singlish. Singlish is the medium of spontaneity for many Singaporeans. Its ungrammatical mix of English, Malay and Chinese not understood by foreigners, understandably reflects the ad hoc, unstructured and
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  • INSIGHT
    • 1997 14 If there us one issue that never goes away, it Is leadership renewal. What will it really take for top talent to go into politics? Why hasn’t the new ministerial salary scheme been able to draw in more politicians? SUSAN LONG finds
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    • 1102 15  -  THINKING ALOUD CHUA LEE lIOONC “WHY are there no green cards in Asia?” An American woman working in Seoul, Korea, posed this question, rhetorically, after reading a column in which I had suggested that the term “foreigner” should be scrapped because it conjures up
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    • 931 15  -  THIS WEEK IN POLITICS CHUA LEE lIOONC “AL GORE must be eating his heart out.” This was how the Sept 3 edition of Asiaweek began its story on Singapore’s new President last week, commenting that while the United States Vice-President faced a tough fight
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  • MONEY
    • 371 16  -  Edna Koh SINGAPORE share prices ended barely higher for the week as investors remained on the sidelines for the most part in the absence of fresh leads. Trading remained rangebound early in the week, as investors searched in vain for a reason to buy.
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    • 76 16 Straits Times Index TIm Straits Timas Indts rosa 33.29 paints on tha waak ta 2133.07. DAY CLOSE TURNOVER Monday 2099.78 6.60) 192.50 ($373.80m) Tuesday 2105.42 5.64) 169.88 ($437.83m) Wednesday 2097.40 8.02) 131.74 ($407.10m) Thursday 2127.42 (*30.02) 204.84 ($592.67m) Friday 2133.07 5.65) 245.09 ($550.48m) BT-SII Index The BT-SRI
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    • 1848 16 Company Oat# ann Nat tarn TY LV <Sm) <$m> CPS TY LY lets) (cts) AsiaPac Brow Jun 11 1 28.597 37.235 113 14.7 Alexandra Jun 30 P 0.436 9.575L 1.45 32L Allgraan Prop Aug 30 1 45.496 26.661 5 2 4.2 Advancad Sys Sap 06 F 14.093L 12.004
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    • 113 16 BONUS ISSUE Company ExRatio data Books dose Acc 6 Paymt OUS ona-lor-»our Sap 21 Sep 26 RIGHTS ISSUE ExCompony Ratio data Books Acc 6 Paymt Koh Bros Renounceable rights Sap 2 issue of up to 47.9m warrants on tha basis of 1 warrant for avary S axlsting shares
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    • 353 16 Company Place Date Time Liang Court E Pelican Lounge I77B River Valley Rd 26th Floor Liang Court S’pore(*****2) Sep 29 Sep 29 10.30am 11.30am Metro A 391A Orchard Rd Sep 29 10.30am E *26-01 Tower A Ngee Ann City S'pore(*****3) Sep 29 11.30am CK Tang A Belimbing Room
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    • 643 16 Payment lets) Ex date Books close Pay date Alex Hiaqs 50c b 1.5 Sep 15 Sep 22 Oct 6 Amtek Hldgs 20c F 0.8TE Nov 24 Dec 1 Dec 10 Auflc Pacific 50c 1 2 Oct 6 Oct 13 Oct 28 Brilliant Sc b 0.8 Sep 17 Sep
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    • 296 16 Company Ooscrlptlon Horsing One-for-two bonus issuo Inno'Pac Proposod Plocoment o( 52,100.000 Now Ord Shorts of SS0.20 each in the capital of inno-Paciflc Holdings Ltd Urn Kah Ngam Proposed capital reduction exercise to reduce the par value of each share In the issued and paid-up share capital of the
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    • 1525 17 UNIT TWISTS FUNDS Sept 11,1999 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Alia ltd Aberdeen S'pore GrFd 1777 1.867 Abcrdatfi Select Portfolio American OpportFd 1.036 1.088 Continental Euro Eqty Fd 1.064 1.119 Japan EqtyFd 1.463 1.537 Asian Fixed Income Fd 0.963 0.993 Pacific Equity Fd!” 1.164 1.223 Indonesia Equity
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    • 759 17  -  Major office landlord turns in 47% surge in profit and helps parent score 66% earnings jump fiL KALPANA RASHIWALA SINGAPORE Land reported a 47 per cent jump in interim net profit to $48.1 million, which helped parent United Industrial Corporation (UIC) achieve a 66
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    • 302 17  -  By ALVIN CHEW WHILE the Asian crisis was bringing down other companies, four-year-old contract manufacturer Asian Micro managed to achieve an 83 per cent increase in turnover and a 147 per cent jump in pre-tax profit to $4.7 million last year. The Sesdaq-bound company, which launched its
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    • 3917 18 Transaction date: Sept 10,1999 MULTI INDUSTRY 52-Wk Curr Last High Low Company Traded Salt ♦or* Vol 000 Day High Low Cr's Dlv Net M Cep P/E $mll Wt Avg Price 182 17.5 mb AcmaSOc... 125 56 127 124 10 10.2 206.8 126 84 25 c Alliance Tech
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    • 1079 19 52-Wh High Low Curr Company TradeC Last 1 Sale ♦or* Vol 000 Day High Low Oft 0lv% Net P/E M Cap Smll Wt Avq Price MANUFACTURING 218 55 c AS Auto 10c 179 cd *6 513 182 173 10 N 204.4 182 137 45 c ASJ Hidqs 20c 90
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    • 1426 19 BONDS, LOANS WARRANTS Transaction date: Sept 10,1999 52-Wk High lew Company Last Sale ♦or* Vol 000 Day Hlqh Low Last Ouote Buyer Seller Wt Avg Price 104 3 S “Acer W*****1USS 43 •1 119 45 42.5 42 5 45 80 4.5 s Acma W*****4 .35 5 unch 57 36.5 35.5
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    • 143 19 (9am, Sept 10) Buying OD Selling Singapore dollars to one unit of fortign currency Australian dollar 1.0870 1.1100 Canadian dollar 1.1280 1.1520 NZ dollar 0.8880 0.9070 Sterling pound 2.7370 2.7650 US dollar 1.6790 1.6910 Singapore dollars to 100 units ot foreign currency Austrian schilling 12.70 13.10 Belgian franc 4.350
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    • 517 20  -  Investments are expected to double to s4ob; firms are now producing 1 lb every year in petrochemical products By Bi/ NARENDRA AGGARWAL INVESTMENTS in the Jurong Island-based chemicals industry are expected to double to $4O billion over the next 10 years. The increase from
      ZAORAO PICTI'HK  -  517 words
    • 180 20 HALF-YEAR net earnings of Singapore Bus Services (SBS) have risen 18.6 per cent to $19.2 million. Turnover is down 4.7 per cent at $251.1 million, due mainly to the 5 per cent fare rebates it gave from Jan 1 this year to help commuters
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    • 372 20  -  CORPORATE RESULT *L ALVIN CHEW MAINBOARD-LISTED GES International on Wednesday dished out a sterling set of fullyear results showing a neardoubling in net profit to $20.5 million. Riding on the recovery in major regional markets, turnover for the year ended June 30 rose
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    • 269 20  -  *IL DENNIS CHAN KEPPEL Hitachi Zosen will pay $166.9 million in cash to acquire the marine-related businesses of Keppel Marine Industries as part of the restructuring in the Keppel group, it was announced. Keppel Marine intends to return this money to shareholders in the form
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  • Page 21 Advertisements
    • 720 21 The Straits Times Weekly Edition APPOINTMENTS Success with a special kind of satisfaction The National Cancer Centre of Singapore (NCC) is a state-of-the-art translational research institution dedicated to progress against cancer Following our opening in May this year, we are offering career opportunities for scientists and postdoctoral fellows investigating the
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  • Page 22 Advertisements
    • 826 22 Be Challenged. At the TDB, we help attract the world’s leading traders to base their operations here. We actively defend Singapore's trading interests in international fora and work to facilitate the entire trading process for greater competitiveness. Go Beyond. Together with our extensive network of overseas offices, we aggressively promote
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  • FORUM
    • 379 23 AT FIRST sight, the comment by Indonesian Forestry and Plantations Minister Muslimin Nasution (ST, Aug 25) that Singapore has been receiving very expensive oxvf;en from his country seems udicrous. But leaving the notion of “expensive” aside for the moment, one may tentatively conclude that a
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    • 340 23 I READ with interest the letter, ‘That oxygen remark worth thinking about” (left). It is a little known fact that most of the world’s gaseous oxygen available in the atmosphere does not originate from forests or from jungles. Healthy forests and jungles do not just
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    • 595 23 THERE has been much discussion over the standard of English and the influence of Singlish, as well as the possible ill-ef-fects of “Phua Chu Kang". I prefer to believe that the erosion of the standard of English over the years has to do with
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    • 190 23 IT IS time to put a stop to the adulteration of English and Mandarin here. The jarring chap chye Mandarin in the comedy programme Gao Xiao Xing Dong makes me cringe at its mixture of Hokkien, Singlish and grammatically incorrect Mandarin. Efforts by schools to incul-
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  • 395 24  -  It rose by one-fifth to sl47b despite economic uncertainty; bulk was in direct investments By Bij NARENDRA AGCARWAL SINGAPORE’S investments abroad surged bv almost onefifth to hit $147 Million bv the end of 1997. despite the economic uncertainty engulfing the region from that year. The
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  • 326 24  -  By KARAMJIT KAVR IT WILL cost between 50 and 70 cents to ride on Singapore’s first light rail system using a farecard. Single trip ticket holders will pay 10 cents more. The system starts operating in Bukit Panjang and Choa Chu Kang on Nov 6 and
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  • 269 24 CHINA has emerged as one of the fastest-growing destinations for Singapore’s direct investment overseas, and is just a whisker away from taking the top spot. According to the Department of Statistics, the investments in China vaulted 40 per cent in 1997 to a cumulative total
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  • Article, Illustration
    156 24 TOP DOG? A golden retriever became the first dog in Singapore to pass the highest level in obedience training. Leon, seven, was awarded the Utility Trial challenge trophy at a dog show by the Singapore Kennel Club on Saturday. Its owner, Mr Tan Pak Song, 63, said that
    LAU KOOK KONC  -  156 words