The Straits Times : Weekly Overseas Edition, 9 October 1999

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Total Pages: 23
1 24 The Straits Times : Weekly Overseas Edition
  • 18 1 The Straits Times Weekly Edition Saturday October 9,1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA^74/08/99
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  • 625 1  -  In his address to Parliament, the President outlines a bold vision to harness people to bring Singapore into the future fie CHUA MUIHOONG PEOPLE will be at the heart of government policy in the Singapore of the next millennium. Every effort will be made
    ENRIQUE SORIANO  -  625 words
  • 424 1  -  Bn ELENA CHONG A TEENAGE boy who kicked and robbed an elderly man, with two young relatives, was sentenced last Friday to five years’ jail and ordered to be caned 10 strokes Mr Teo Sak Loke, 71, a former hawker, died
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  • Page 1 Advertisements
    • 76 1 Passport changes Local Icons For More Security Illustrations of the Singapore skyline and national flower will make the new international passport harder to forge. It will also use digital photos and have a special laminate. pace 3 SCHOOLOF NURSING TO CLOSt ITE To Train Nurses Now A new full-time nursing
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  • PRIME NEWS
    • 600 2  -  Sending one offender to jail, he savs probation is not a realistic solution for such new crimes Hu LIM SENG JIN YOUNG hackers can expect to be sent to jail if they are old enough to know what they are doing. This landmark ruling
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    • 193 2  -  Bu By SAMANTHA SANTA MARIA EDUMALL. the $500,000 website developed by the Ministry of Education, the National Computer Board and research institute Kent Ridge Digital Labs was defaced on Monday. The screen was blank, except for the phrase “owned...can we say more?" from a
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    • 281 2  -  ALETHEA LIM FORMER Nominated MP Chuang Shaw Peng was accused of corruption yesterday. He faces three charges. Chuang, 47, a managing director of Chuang Uming, a construction company, became an NMP on Sept 25,1997 and had served a two-year term. He had sought to
      STEVEN LEE  -  281 words
    • 306 2  -  KARAMJIT KAUR and HO KA WEI STARTING next year, tertiary institutions here can expect to pay copyright fees for course materials that they photocopy for students. The charges have not been fixed yet, but the newlv-formed Copyright Licensing and Administration Society of Singapore Limited (Class), plans
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    • 415 3  -  *!L SITIANDRIANIE THE Singapore international passport is getting a new look and will soon feature images of the Singapore skyline and the national flower. The illustrations are to make it more difficult for syndicates to forge or tamper with the passport. They are just one
      TAN SCAN ANN  -  415 words
    • 474 3  -  It will repackage, reinvent and renew itself, and sell its projects instead of its political affiliation Bu_ SUSAN LONG THE People’s Association will undergo a major image revamp for the new millennium by focusing on three strategies: repackaging, reinvention and renewal. The aim is
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    • 112 3 'SAFETY FIRST' LESSON FOR MANA6ERS:Tekken Corporation s 79 supervisory staff watching slides of the unsafe conditions at the Pava Übi Industrial Park site, where an accident last month left two workers dead and four others injured, earlv this week. Thev were also told what thev
      STEVEN LEE  -  112 words
    • 421 3  -  B>l_ RAVI VELLOOR THE Monetarv Authority of Singapore on Monday added to the abundance of measures ensuring that Singapore’s financial sector will enter the millennium without disruption from computer glitches. It announced a special fallback scheme to meet any temporary liquidity problems of banks and
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  • HOME
    • 468 4  -  To provide ‘seamless health care’, polyclinics will be restructured and integrated with govt hospitals fly < SALMA KJIALIK PATIENTS who need more than basic health care will find it easier to be referred from government polyclinics to hospitals when the clinics are restructured and integrated
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    • 379 4  -  EARLY CHILDHOOD Hi EUNICE LAII BY 2004. all supervisors of child-care centres must have the appropriate diplomas in early childhood care and education. The Ministry of Community Development has. for the first time, developed a set of guidelines for diplomas in this field. Mrs
      JOSK HAVMONO  -  379 words
    • 398 4  -  Hil DEBBIE GOH A NEW full-time nursing course will be offered at the Institute of Technical Education (ITE) starting in January. In offering the two-year national certificate in nursing course for GCE O- and N-level school-leavers, the institute will also train enrolled nurses. They
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    • 241 4 THFI Deepavali Light-up will be brighter than usual this year, with lights and decorations along five side streets, and not just on Serangoon Road. Campbell Lane, Dunlop Street. Upper Dickson Road, Buffalo Road and Kerbau Road will also be lit up and decorated. The Hindu
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    • 462 5  -  Dignitaries witness a simple and elegant ceremony on Monday that lasts just three minutes Bt/l SITI ANDRIANIE THE august occasion may have marked the dawn of a new era, but it was over in a blink of an eye. The new Parliament House, which
      Picture»: Al PHOVSOCHAN  -  462 words
    • 445 5  -  IjtL NATALIE SOH OVER the next four years, Singapore will invest $44 million to help the construction industry ride the information technology’ (IT) wave. IT will change the way the industry’ presents information and will improve its work processes. It will eliminate
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    • 415 5  -  By M. MRMALA THE business curriculum at the Nanyang Technological University (NTU) will be revamped to turn out business graduates who are streetsmart and computer savvy. The changes, which will be implemented over the next three years, will start with the 1,500 undergraduates now
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    • 279 6 Including four new faces, the nine were appointed by the President for a two-year term NINE Nominated Members of Parliament were appointed last Friday by President S.R. Nathan in a short ceremony at the Istana. They include four new faces. The other five are serving
      WONG KWM CHOU'  -  279 words
    • 322 6 CLARIFICATION OF REMARK MALAY-MUSLIM group Majlis Pusat last Friday welcomed Senior Minister Lee Kuan Yew's readiness to have a dialogue with the community on his remark on Malays in the Singapore Armed Forces. According to Mr Ja'afar Sidin. the secretary-general of the council for
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  • Page 6 Miscellaneous
    • 1062 6 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/Weatner (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • 400 7 37 Fred de Souza (1918-1964) The Rifleman The late shooter was a star in the late 1950 s and early *****. His greatest achievement was bringing home the 1962 Asian Games gold. It put him in the SSC Hall of Fame. Sport: Shooting Honours: 1962
      TIEN CIU NC PING  -  400 words
    • 414 7  -  GOAL 2010 PROJECT DIRECTOR: By S. MURALI SINGAPORE soccer’s “Superman” flew in last Friday. And the first thing that Dane Jan Poulsen, Singapore’s new Goal 2010 project director, did was to tell a group of assembled pressman that he was wearing no cape and had his
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    • 587 7  -  What the sport meant to one of Singapore’s earliest world-class icons on the firing range By} JOHN DE SOUZA THE public face of Fred B. de Souza was the sportsman who struck gold for Singapore in small-bore shooting twice at the South-east Asian Peninsular Games (the
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    • 231 7  -  Bt/ SANTOKH SINGH PASSING the ball accurately and making it work for the team that is a key element missing from Singapore soccer. Jan Poulsen, FAS’ new director for Goal 2010, made the observation after watching two S-League matches last week. Woodlands Wellington’s 1-0 win
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  • MALAYSIA
    • 351 8 inwar affair. —The Star/Asia News Network KUALA LUMPUR Businesswoman Ummi HafildaAli, who accused Anwar Ibrahim of sexual misconduct that resulted in his fall from high office. was declared a bankrupt by the High Court on Wednesday for failing to pay more than RM300.000 (55i.31,921) to a
      inwar affair. —The Star/Asia News Network  -  351 words
    • 524 8  -  MALAYSIA'S NEXT GOAL: By BRENDAN PEREIRA l\ KUALA LUMPUR AFTER almost a decade of playing second fiddle to the manufacturing sector, food production in Malaysia will take centrestage. with ambitious plans by the government to turn the country into a major producer of vegetables, livestock
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    • 454 8  -  Directive to freeze the leave of all ministers, deputies and parliamentary secretaries issued; Umno supreme council to meet By DOUGLAS WONG IN KUALA LUMPUR GOVERNMENT leaders stepped up their electioneering rhetoric on Thursday as a freeze on ministerial leave raised expectations that national
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    • 203 8 The Star/Asia News Network KUALA LUMPUR The Malaysian government will consider reviving the plan to introduce high-speed tilting trains which promise to halve travel time between Kuala Lumpur and Singapore to three hours. Transport Minister Dr Ling Liong Sik said that the purchase of the tilting
      The Star/Asia News Network  -  203 words

  • SOUTH-EAST ASIA
    • 603 9  - 'Strong support for Megawati as president Muslim leader Abdurrahman, Gen Wiranto assure her Muslim parties in the 'Central Axis' will throw their weight behind her DERWIN PEREIRA IN JAKARTA PRESIDENTIAL aspirant Megawati Sukarnoputri’s bid for Indonesia’s top job appears to have strengthened after she received backing in talks on Thursday
      REUTERS  -  603 words
    • 457 9 MANILA The Philippines presidential palace, Malacanang, is the country’s biggest parking lot for confiscated luxury vehicles. The 103 vehicles, valued at 165 million pesos (SS7.I million), have been transferred to the Office of the President through the Presidential Retrieval Task Force by
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    • 231 9 LONDON Prince Jefri Bolkiah, brother of the Sultan of Brunei, is raising money, reportedly to pay off his debt, by holding a £4OO million (SSl.l billion) distress sale of his art collection, the London Evening Standard has reported. It could be the biggest
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  • COMMENTARY
    • 603 10 MONDAY Oct 4,1999 INTERNATIONAL peacekeeping bv the United Nations is something of a misnomer. By the time foreign troops arrive in a country ravaged by civil war, genocide, ethnic cleansing, scorched earth policies or some other atrocity on offer, there is no peace to keep. Instead,
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    • 553 10 THURSDAY Oct 5,1999 BEYOND attracting world attention to the political paralysis in Myanmar, the gunmen who seized its embassy in Bangkok last week achieved precious little to advance the cause of the hobbled pro-democracy movement in that benighted country. Instead. they have made things even harder
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    • 798 10  -  SECOND LAST WORD Oil ALAN JOHN SOME years ago a senior journalist giving a critique of local news in The Straits Times summed it up like this: anyone reading the newspaper will think that Singapore is populated by politicians and men in grey suits. It
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    • 1070 11  -  MY VIEW By HELEN CHIA IN MY colleague Susan Long’s Insight article the week before on a possible review of censorship laws, a mother was quoted as saving that she regrets putting a computer in her son’s room. She is concerned that he
      LI'DWIG 11.10  -  1,070 words
    • 773 11  -  SECOND LAST WORD By LEE KIM CHEW INDONESIA’S new lawmakers are bent on reforms, or so it seems. On paper, at least, this much can be said about the election of two key party leaders to take charge of the country s legislature.
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  • CPF newsline A CORPORATE NEWSLETTER OF THE CPF BOARD
    • Article, Illustration
      456 12 / 13 CPF Interest Rates The CPF interest rates from 1 October to 31 December 1999 Ordinary Medisave accounts 2.5% per annum Special Retirement accounts 4% per annum The interest rates are reviewed quarterly. Minimum Sum Top-Up If you are 55 years old. you can start to top up
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    • 184 12 / 13 CPF members would be glad to hear that they have been receiving top-rated telephone service from the Board for the past years. The CPF Board is the Public Sector Service Award winner of the 1999 Teleperformance Grand Prix Contest held in first half
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    • 372 12 / 13 When Madam N.L. Bong's husband a hawker suddenly passed away eight months ago, he was only 43 years old. Madam Bong, 42. w as left with their three sons 10, 15 and 17 years old. "All my children are still in
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    • 81 12 / 13 Your nomination form to CPF Board is a legal document. It tells the Board who you want to distribute your CPF savings and assets to when you pass away. It is a legal requirement that you complete sour nomination form in the presence of two witnesses
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    • 210 12 / 13 To help CPF members make better investment decisions, a new performance and risk monitoring system was developed to complement the Board's existing Risk Classification System (RCS). Appointed by the CPF Board, investment consultant. William M Mercer came up w ith a rating system
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    • 344 12 / 13 The CPF Board was awarded the Singapore Quality Class Award in July last year, and along came the responsibility of sharing the know ledge and experience of its on-going quest Ijk for service excellence. W Recognising the importance of sharing and learning in a knowledge-based
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    • 277 12 / 13 Come early November, you can withdraw profits made since 1 October 1998 under the CPF Investment Scheme (CPFIS). From 23 October 1999, you will receive the Profit and L.oss Statements and Profit Withdrawal Forms for Investment Accounts holders from your agent bank. For members holding only
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  • Page 12 / 13 Advertisements

  • INSIGHT
    • 1356 14 President S.R Nathan cypened a netv session of Parliament on Monday and set out a nexc ai lenda. SUSAN LONG looks back at the last session. FOR the past two years, the "Best Home" buzzword, w hich first surfaced in PAP campaign speeches during the 1997
      Illustration NOKI. ROSAI.KN  -  1,356 words
    • 1071 15  -  THINKING ALOUD BiJ SONNYYAP IF YOU have been reading The Straits Times Forum pages lately, you would have been struck by the growing chorus of complaints about banking practices. The lamentations have ranged from an ATM machine which stopped in mid-use,
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    • 1038 15  -  LAST WEEK IN POLITICS BtJ• CHIALEE HOONG WHAT is one to make of the recent go-ings-on at The Chinese High School? An extraordinary general meeting, mass resignations, allegations of misconduct, a press conference...all elements of high drama one might have associated more with the
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  • MONEY
    • 366 16  -  Edna Koh ALL eyes were on the US Federal Open Market Committee policy meeting this week with investors mostly looking to the US for direction. *A wait-and-see approach adopted by traders and punters left the market fairly directionless early in the week, but a
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    • 1794 16 Company Dot* onn Ntt tarn TY LY ($m) <$m) EPS TY LV (eta) (ett) ABR Hldgs Sep 30 0.491 0.675 0.26 0.58 Armstrong Sep 23 1 0.835 0.938L 0.42 0.5L ASA Sep 16 1 4.937 3752 3.22 288 ASJ Sep 13 1 3.407 2.821 3.79 3.13 Acm* Sep
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    • 185 16 BONUS ISSUE Company Ratio Eldata Books dose Acc Paymt Rotary one-for-one Burwill ono-for-tan WahShing one-for-flvt RIGHTS ISSUE Company Ratio Oct 20 Oct 7 Sap 28 Eldata Oct 27 Oct 5 Books dose Acc t Paymt Koh Bros Renouncoablc rights issua of up to 47.9m warrants on tho basis
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    • 76 16 Straits Times Index TIm Straits Timas Index rosa 63.23 points on tha weak to 2,114.49. DAY CLOSE TURNOVER Monday 2,037.87 13.39) 91.26 ($225.61m) Tuesday 2,064.72 26.85) 165.52 ($343.17m) Wednesday 2,100.71 <♦ 35.99) 383.00 ($685.49m) Thursday 2,119.97 19.26) 291.46 ($571.82m) Friday 2,114.49 5.48) 203.21 ($391.37m) BT-SRI Index TIm
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    • 677 16 Payment (ets) Ex data Books data Pay data Acma 50c 1 1.25 Oct 27 Nov 3 Nov 17 Alai Hldgs 50c b 1.5 SepiS Sap 22 Oct 6 Amt*k Hldgs 20c F 0.8TE Nov 24 Dec 1 Dec 10 Auric Pacific 50c 1 2 Oct 6 Oct 13
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    • 60 16 Company Description Cosco Proposed Renounceabie Rights Issuo of up to 37,829,333 Redoenable Convertible Cum Pref Shares of par value SSO.Ol each In the Cap of Cosco, at an Issue price of SSl.SO for each RCCPS. Inno-Pac Proposed Issue of 30,700,000 New Ord Shares of S$O.SO each in the
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    • 158 16 Company Ptaco Date Time Detapulse e ISA Tai Sang Drtva Oatapulsa Industrial Building (S3S25S) Oct 30 9.30am Lim Kah E 30 Prinsap Straat Oct 29 10.00am Ngam #09-00 LKN-Prlnsep Housa S pore *****7) Orchard E Confaranca Rm 1 Oct 28 11.30am Parad* Laval 2 Central Sguara 20 Havelock
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    • 1357 17 UNIT TRUSTS FUNDS Oct 9,1999 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mft Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!” 1.000 UK Blue Chip Fd!** 1.000 American Opport Fd t.OO! 1.061 Continental Euro Egty Fd 1.043 1.096 Japan Eqty Fd!*' 1491 1.567 Asian Fixed income Fd 0.954 0.984 Pacific
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    • 78 17 NO. 1* Raffles International’s Jennie Chua (right), has been promoted to president and chief operating officer, making her the highest-ranking woman executive in the hotel industry here. She will remain Raffles Hotel’s general manager. In 1971, she became the first Singapore woman to graduate with
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    • 489 17  -  Even if their property value falls, borrowers can turn to new packages with low interest rates H,j ALVIN CHEW THE Monetary Authority of Singapore (MAS) on Monday clarified that it will allow borrowers to switch bankers even if the new loan amount exceeds 80 per
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    • 393 17  - S'pore seeks to be top hub REINSURANCE Bu EDN A KOI I SINGAPORE has succeeded in attracting 48 professional reinsurers many of which arc big-league names to set up shop here. But more work is needed to turn the country into a leading reinsurance huh in Asia, said Second Minister
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    • 4302 18 Transaction date: Oct 8,1999 MULTI INDUSTRY 52-Wk Curr Lilt High Low Company Trodod Sol* ♦orVot 000 Day High Low Gr*s Olv <* Net M Cap P/E $mll Wt Avg Prk* 182 17.3 m b AcmoSOc 116 cd unch 102 117 113 10 9.5 191.9 114 84 25
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    • 1094 19 52-Wk High Low Curr Lot Company Traded Sal* ♦or* Vol '000 Day High Low Or'* Div Net P/E M Cap Smil Wt Avg Price MANUFACTURING 218 64 C AS Auto 10c 169 ♦1 5 170 166 10 N 193 168 137 45 c ASJ Hldgs 20c 93 •3 108
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    • 1426 19 BONDS, LOANS WARRANTS Transaction date: Oct 8,1999 52-Wk High Low Company Lott Sola ♦or* Vol '000 Doy High Low Last Ouota Buyar Stlltr Wt Avg Price 104 3.5 s A Ac»r W*****1 USS .38.5 -2 8 38.5 38.5 38.5 41.5 80 55 s Acma W*****4 .32 •0.5 54 33.5 31.5
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    • 135 19 (9am, Oct 8) Buying 00 Selling Singapore dollars to on# unit of fortlqn currency Australiandoilar 1.0980 1.1130 Canadian Collar 1.1300 1.1540 N2 dollar 0.8590 0.8780 Starling pound 2.7590 2.7870 US dollar 1.6740 1.6850 Singapore dollars to 100 units of foreign currency Austrian schilling 12.94 13.21 Belgian franc 4.410 4.510
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    • 714 20  -  Group cites higher ad revenue, strong investment income and contributions from associates in the second half of financial year Bu_ DENNIS CHAN SINGAPORE Press Holdings' (SPH) full-year group net profit soared 17-5 per cent to $326.3 million, due to improving advertising revenue in the
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    • 410 20  -  By COLIN TAN JURONG Town Corporation (JTC) on Wednesday outlined a five-pronged approach in response to a call for an infrastructure framework in order for a knowledge-based economy to thrive. Its programme is aimed at promoting innovation and know'ledge-driven activities, and developing infrastructure
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    • 469 20 SINGAPORE Cable Vision (SCV) will look into seeking a listing over the next year or two, Information and the Arts Minister Lee Yock Suan said on Sunday. This would strengthen the cable company’s status as the pre-eminent service provider in cable TV and broadband services
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  • Page 21 Advertisements
    • 906 21 The Straits Times Weekly Edition APPOINTMENTS] anua TECHNOLOGY CENTRE Engineers (Quality Assurance) You will be responsible for the overall QA function including performing reliability and safety tests of audio/visual products. You are required to travel extensively within the Asia region to provide technical support and services to manufacturing factories as
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  • Page 22 Advertisements
    • 801 22 4 > I i l V R|. A OPPORTUNITIES WITH THE MOST Enterprise Services Sales Account Manager You will be part of our mission-critical customer service team, responsible for achieving sales goals in maintenance and outsourcing services. PROMISING COMPANIES UNDER FRONTLINE TECHNOLOGIES HOLDINGS. HEADQUARTERED IN SINGAPORE.THE GROUP IS Requirements: Experienced
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  • FORUM
    • 521 23 THE insurance companies and the police are the main beneficiaries of the new no-injury motor accident reporting system. It is the motorist who loses out. At the public forum organised by the Consumers Association of Singapore (Case) and the Automobile Association on Sept 25, it was
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    • 402 23 I REFER to Mr Christopher Liu Chih Wei’s letter “Let Chinese High students speak up" (ST Weekly. Oct 2). It is quite natural and understandable for students to express their feelings on the retirement of their principal, especially one who has contributed significantly to
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    • 224 23 I REFER to the letters# regarding Pulau Ubin. Pulau Ubin spans over 1,000 ha, half of which is being managed as a recreational area. In developing the recreational area, we are mindful of the need to preserve the natural charm of Pulau Ubin for the enjoyment
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    • 371 23 MR LIEW Kim Siong’s quick response in his letter “Development makes nature spots more accessible” (ST, Sept 30) is a feeble and somewhat “guilt-ridden” attempt to justify- the mammoth development that has taken place in Sentosa. Indeed, the many w-ho appreciate what Übin has
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  • 854 24  -  She will spend only six months behind bars now instead of 12. Court was told she is pregnant Bt, TAN 001 BOON A WOMAN remisier who was jailed a year for hurting three policemen when they arrested her during a domestic squab- ble,
    WONG KWAICIIOVA  -  854 words
  • 673 24  - Mother wanted in US for ‘kidnap CUSTODY BATTLE OVER DAUGHTER, 4 By BRAEMA MATH I A SINGAPORE businesswoman, embroiled in a custody battle with her former husband, is now wanted in the United States for kidnapping their four-year-old daughter. The trouble for Madam R. Rajii, 33, began after she returned
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