The Straits Times : Weekly Overseas Edition, 18 December 1999

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday December 18,1999 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 538 1  -  Latest report shows 30 per cent more jobs created but also continued lay-offs in the manufacturing sector LESLIE KOII THE good news: job vacancies here surged by .30 per cent in the third quarter. The not-so-good news: many lower-skilled workers will find it hard to
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  • 52 1 They were in awe of him at first, hut now XUS students (from left) Tung Ten Yung, 19, Andv Tan, 19. and Teo Chiang Yen, IS, say they treat 15-year-old prodigy Jiang Fung (hoisted on their shoulders) from Segamat just like their other classmates. See Page 2
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  • Page 1 Advertisements
    • 65 1 INTEH V 1 K \V A 'Better Chance' For Singapore The country’s present prospects are not had', says SM Lee in an interview with CNBC. He also speaks on political succession and social control. pace b M O N F. Y Matching World Standards Corporate governance and disclosure standards here
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    • 3 1 S 'S 87.8*‘*****6
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  • PRIME
    • 719 2  -  lln SANDRA DAVIE NATIONAL University of Singapore freshman Wong Jiang Fung brings out the protective instincts in his classmates. The Malaysian boy genius from Segamat, Johor, is only 15 several years younger than his classmates. But he is used to having older classmates.
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    • 599 2  -  The new penalties, from February, will hit those who beat the red light and hit-and-run drivers especially hard n>i KARAMJIT K Al'R FINES and demerit points for a whole string of traffic offences will go up from February next year. This is the outcome
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    • 188 2 MR WONG HER LI says his son could do multiplication and division when he was just five years old. But he insists his son is just an ordinary boy, and a late developer to boot. Mr Wong is a Chinese physician who practises acupuncture
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    • 541 3  -  Besides giving a broader education, it is to allow students more time to pick the degree course they will take Oil SANDRA DAVIE STUDENTS entering four faculties at the National University of Singapore from July 2001 onwards may get more leeway and
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    • 675 3  -  LOH 111 IVIN HONGKONG COKKIM'ONDI NT SINGAPORE’S most famous corporate raider, Mr Oei Hons Leong, was assaulted by three men outside his residence in Hongkong on Monday evening. His assailants, aged between 18 and 42, were arrested soon after the attack, which local press
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    • 433 3  -  SANDRA DAVIE STUDENTS starting Secondary 1 at The Chinese High next year should be able to skip O levels and sit for their A levels after six years in the school. The boys will be joined by girls in Secondary 4.
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  • HOME
    • 428 4  -  The scope of the work will also be reviewed, so residents get facilities that are more useful to them, says PM Goh LESLIE KOII MORE older Housing Board estates may be upgraded and sooner if the economy continues to pick up. Prime
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    • 235 4  -  Hu CHAN TSE CIIL’EEN SHE helped Indonesia win an Asian Games tennis team silver in Hiroshima five years ago. Now, Agustine Limanto is hoping to bring Singapore similar glory. First, though, the 21-year-old Surabaya native has to be made a citizen here. The Singapore I.awn
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    • 594 4  -  Hu WENDY TAN THE Singapore Medical Council (SMC) received 55 complaints against doctors last year. One of the more serious cases brought before a disciplinary inquiry involved a houseman in his fourth week of training. He was accused of being negligent in administering an anti-cancer
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    • 165 4 DISCIPLINARY inquiries were held into 16 complaints brought before the Singapore Medical Council (SMC) last year. Fourteen cases were completed last year. These included doctors who: Insulted a woman's modesty. He was convicted by the subordinate court and also struck off the register. Pleaded guilty
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    • 855 5 One wants to be Caucasian and cannot wait to live in London. The other grew up wanting to be an American but now calls herself a bom-again Chinese. Two young people talk about ethnic identity after a university survey found that close
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    • 760 5 NAME: Elisa Low AGE: 19 EDUCATION: First-year undergraduate in mass communications PARENTS: Father Low Chek Tong, 48 is a manager in a computer firm and mother Jenny Lee, 41, is a housewife LANGUAGE SPOKEN AT HOME: English SCHOOLS ATTENDED: Canossa Convent
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    • SM LEE’S INTERVIEW WITH CNBC
      • 486 6 It is more likely to make the grade now than in 1965, when it was small and lacked assets. Its present prospects are not bad, says SM SINGAPORE has a better chance of making the grade now than it did in
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      • 1368 6 Lee Kuan Yew spoke on political succession and social control in Singapore in the interview with CNBC Asia’s Christine Tan and Stuart Pallister aired on Sunday. The following are exceqrts from the interview. 0: PRIME Minister Goh Clink Tong has been talking
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    • 744 7  -  The $3-million millennium event will have 128 loudspeakers, 60 cannon shooting confetti and lots of lights and dance hits Bij KOII BOON PIN am! KRIST BOO MILLENNIUM Swing Singapore promises to be the loudest part\' on New Year’s Eve. There will be 128
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    • 206 7 Star-studded attractions CHlwr highlights^ 170 Harley Davidsons will rumble down Orchard Road, declaring the road closed for the party, just before 6 pm. Four homegrown bands: Varnish, Phase 2 Face, Shaggies and Gingerbread will be performing at 6 pm. Ethnic and dance performances by People's Association at
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    • 410 7  -  Bii TAMMY T AN SINGNET has broken its silence: It is giving all 1.82 million fixed-line customers in Singapore free I nternet access and email accounts. The offer effectively betters that of its rival, Star Hub Internet, which broke new ground in the local
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    • 339 7  - PacNet to 'pay' users not in cash but in points !hl TAMMY TAN PACIFIC Internet declined to make it three in a row when it responded on Monday to StarHub Internet and SingXet’s surf-for-free offers. Sticking to the theme of its "Best Things in Life Aren't Free” campaign launched after
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    • 526 8  -  Wraf >pers, receipts, coupons, f rench fries, straws and razor blades have been f ound in some Com Chest boxes Hi Sll\l!Mlir\l kUK SWEET wrappers, receipts and lucky-draw coupons these were the “donations" found in four Community Chest (ComChest) boxes at a Boon I .ay
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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
    • TIMESPORTS MILLENNIUM SERIES ON SINGAPORE SPORTING GREATS
      • 1075 9  -  Neo was not only a great sportsman but also an understanding coach and a great person 'h. GODFREY ROBERT THERE were times when the Xeo family contemplated selling their Watten Rise terrace house because of good offers. But "the house that Chwee Kok built” through toil and
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      • 511 9  -  THE SPORTS EDITOR YAP KOON HONG IT WILL come down to two tomorrow, but who will they be? And of the two, who will be Xo. 1? After five months, two for planning and a week short of three for publishing Singapore’s sports series
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  • MALAYSIA
    • 401 10 Bernama The Star/Asia News Network KUALA LUMPUR The mother of Audrey Melissa Batinathan, a secondary school student who was raped and murdered in May. is suing the school's headmistress for negligence. Madam Margaret Francis, 42, a graphic artist, also named the Malaysian
      Bernama; The Star/Asia News; Network  -  401 words
    • 392 10 Analysts believe that the alienation of leaders Najib and Razaleigh will lead to a widening of fault lines within the part)' KUALA LUMPUR The demotion of former Education Minister Datuk Seri Najib Tun Razak and the decision not to include former Finance
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    • 537 10  -  NO CHANGE IN COMPOSITION OF BN'S LINE-UP DOUGLAS WONG l\ KUALA LUMPUR PENANG'S Chief Minister Tan Sri Dr Koh Tsu Koon on Wednesday saw off the third challenge to his leadership this year, announcing the rejection of an attempt by the Malaysian
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  • SOUTH-EAST ASIA
    • 544 11  -  Armed forces chief Widodo oledges Indonesian military’s sacking for top brass implicated in the East Timor imbroglio Hij DERWIN PEREIRA l\ I \K\RT\ INDONESIA’S armed forces (TNI) chief Admiral Widodo on Wednesday said that the military was standing by its beleaguered generals implicated
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    • 71 11 Hongkong millionaire Eric Hotung has a heart as big as this naval ship. He paid US$4 million (556.7 million) for the vessel and coughed up another million to refit it for service as a hospital ship for East Timor. And this is not all.
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    • 404 11  -  1.17 RAGLTORO rmi.imNKs COKKKSPON I)K\T MANILA The power blackout that plunged the main Philippine island of Luzon, including Manila, into darkness last weekend revealed the jitters in the country’s political climate and an embarrassing lack of back-up power systems. The blackout caused when 50 truckloads of
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    • 363 11 The Nation'/Asia News Network BANGKOK Women’s groups and journalists have lambasted Thai Rath, a leading news daily, for publishing a picture of a dead rape victim on its front page, photographed naked at the scene of the crime. The victim, 32-year-old Pimrat,
      The Nation'/Asia News Network  -  363 words

  • COMMENT
    • 582 12 SATURDAY DECEMBER 18,1999 THE National University of Singapore sociologist's finding on race pride among Singaporean youths can cause more gnashing of teeth than warranted. To protective parents and the political leadership, it must look like a setback to their push for a national identity. To foreign media
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    • 572 12 FRIDAY DFCFMBFR 17, 1999 THE gradual increase in the number of complaints against doctors over the past decade. from 22 in 1.989 to 55 in 19.98. is an expression of the fact that the public's expectations of medical practitioners are rising. Unlike the time w hen a less-educated
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    • 757 12  -  SECOND LAST WORD K’l YEONG AH SENG THIS eolumn would have appeared a week ago but for a breakdown in Internet connectivity on my Apple PowerBook. I was in London on a work visit earlier this month and had intended to file the column
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  • COMMENT/PERSPECTIVE
    • 1117 13  -  MY VIEW HELEN CIIIA WHEN I am 70 years old, do I want to go water-skiing, lift weights or take part in a beauty contest? These thoughts came to my mind the other day when my colleagues and
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    • 764 13  -  EYE ON THE WORLD H,, ASAD LATIF BI.ESS Levi’s Genes: Asia is reborn. The economic crisis is over its victims certainly are and if there was any doubt about this continent's dependence on the rest of the world, it has been removed. The crisis
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  • INSIGHT
    • 1917 14 With compulsory education being considered in Singapore, will Singaporeans with “special needs 'be absorbed into the mainstream system? And should they be? BRAEMA MATHI reports. INSURANCE agent Nick I.im's five-year-old daughter is only deaf but, the way people treat her, you would
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    • 1017 15  - Intermarried and happy ever after THINKING ALOUD ii’i ASAD LATIF I HAVE been meaning to write a short story for some time. It starts like this. She drank in his sweat. Her breath mingled with it. Iter skin absorbed it profusely. The heat had conspired with human nature to moisten
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    • 1142 15  -  LAST WEEK IN POLITICS By* C 11l A LEE lIOONG MALAYSIAN Prime Minister Mahathir Mohamad likes his conundrums. He has long had a penchant for saying cryptic things, which he then leaves to his listeners to ‘‘go figure out". He was at it again in
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  • MONEY
    • 362 16 THE local bourse recovered strongly at the end of the week, albeit on relatively thin volume of trades, after tumbling back down to earth. The market was hit by a wave of profit-taking, after failing to sustain gravity-defying highs recorded last week. Over the
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    • 76 16 Straits Times Index The Straits Times Index dropped 22.97 points on the week to 2,372.47. DAY CLOSE TURNOVER Monday 2,386.32 9.12) 319.09 ($643.54m) Tuesday 2,369.25 (-17.07) 213.86 ($489.56m) Wednesday 2,329.42 (-39.83) 208.08 ($627.57m) Thursday 2,314.85 (-14.57) 268.10 ($523.91m) Friday 2,372.47 (*57.62) 242.71 ($521.99m) BT-SRI Index The BT-SRI
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    • 1811 16 Company Data ann Net earn TY LY ($m) <$m) EPS TY LY (cts) (cts) Advanced Sys Dec 13 1 0.347 2.345L 0.30 2.1L Avimo Dec 09 P 20.170 14.641 19.1 13.9 Alenandra Noy 19 1 551.882 2341.3L 0.02 0.1L Asiamadic Sep 29 1 0.4541 0.34IL 1.6L 1.2L AP
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    • 177 16 BONUS ISSUE ErBooks Acc Company Ratio data close Paymt Datapulse one-tor-one Dec 22 Dec 29 Jan 12 S Chance one-for-two Dec 9 D*C 16 Dec 30 Strike on#*for*two Dec 10 Dec 17 NA RIGHTS ISSUE ErBooks ACC i Company Ratio date close Paymt OTHERS ErBooks Acc Company Ratio
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    • 194 16 Company Place Date Time Times PuD A The Oriental S pore 5 Rattles Ave S'pore (*****7) Jan 21 11.00am National Kap E 1 Third Chin Bee Rd S pore (*****9) Jan 04 11.00am Lion Tec» Chiang A 10 Arumugam Rd *10-00 Lion Industrial Bldg S'pore (*****7) Dec 30
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    • 546 16 Payment (CtS) Ck data Books close Pay date Allied 10c b 0.2 Dec 17 Dec 24 Jan 7 AP Breweries F 12.2 Feb 28 Mar 6 MarlS AV Jennings A25c h A1.50 Dec 1 Dec 8 Dec 17 Avimo 20c F 4.75 Mar 6 Mar 13 Mar 28
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    • 104 16 Company Description Network Foods Proposed 1-tor-4 subdivision of the share Capital ol Network Foods intnl. Proposed Renounceable non-undarwritten rights issue of ordinary shares with Detachable Warrants.Proposed increase in the authorised snare capital of Network Foods Intnl. Jacks Inti Proposed splitting of each existing share of par value $1.00
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    • 1471 17 UNIT TRUSTS FUNDS Dec 18,1999 Managers' prices (S$) UNIT TRUSTS OUB Asset Mqt Union S pore r d 1.755 1.825 Aberdeen Asset Mqt Asia Ltd Aberdeen Se'ect Portfolio: G'oba’Technology fd!** 1.150 UK B'ue Pd!** 0.978 American OoDort fd ’.040 Continental Euro Eqty fd 1.161 -.208 1.027 •092 1.220 1.678 Union
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    • 644 17  -  It wants Singapore’s company law, disclosure standards and corporate governance to matcn worlci standards H’l DENNIS CHAN TWO areas where the Singapore financial scene has lagged behind international standards corporate disclosure and governance will be the subjects of a comprehensive review by the Government
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    • 302 17  -  lit/ \ARE\DRA AGGARWAL SEKSUN Precision Engineering has leapt quickly off the mark, venturing into a technol-ogy-intensive area that has been described as "the next big thing after the Internet". The mainboard-listed company has diversified into life sciences the area which Economic Development Board (EDB) chief
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    • 4373 18 Transaction dote: Decl7, »99 MULTI INDUSTRY 52*Wh Curr Last High low Company Tradtd Sal* ♦Of* Vol 000 Day 1 High Low Cr’s Net M Cap Div *> P/E $mil Wt Avq Price 182 115 .5 250 116 109 10 9.4 190.2 112 84 25 c
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    • 1066 19 52 Wh High Low Curr Last Company Traded Sal* ♦orVol 000 Day High Low Cr's Div Net P/E M Cap Wt Avg Smil Price MANUFACTURING 218 80.5 173 ♦15 6840 175 159 10 N 197.5 166 137 52.5 c ASJ Hidgs 20c 82 3.8 13.5 183 100 c ASTI
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    • 1441 19 BONDS, LOANS WARRANTS Transaction date: Dec 17,1999 52 Wk High Low Company Last Solo ♦orVol •000 Day High Low Last Ouota Buyer Seller Wt Avg Prica 104 10.5 S “Acer W*****1USS 40 ♦0.5 100 40 40 39.5 40 80 14.5 s AcmaW*****4 ...31 5 ♦0.5 71 32 5 29.5 31
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    • 131 19 (9am, Dec 17) Buying OD Sailing Smgapcrt dollars to on# unit of fofo'gn currency Australian dollar 1.0660 1.0810 Canadian dollar 1.1230 1.1460 Storting pound 2 6840 2.7120 US dollar 1.6700 1.6810 Singaporo dollars to tOO units of foroign curroncy Austrian schilling 12.26 12.52 Boigian franc 4 180 4.270 Chinoso
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    • 591 20  -  Aim of tie-up is to have ERA handle the bulk of HDB deals and the upmarket Coldwell Banker target private homes fh. COLIN TAN IN A surprise move that will shake up the real estate scene here, brothers and industry rivals Harry and Anthony Chua
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    • 425 20  -  IGNATIUS LOW ORDER a book online with a US retailer and get it the next day. Tall order? Hardly, this could become reality when a central warehousing anti distribution facility being set up in Singapore for international ecommerce sites becomes operational. Speaking to The
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    • 367 20  -  fh. TAN HWEE ANN RECENTLY’ resuscitated L&M Group Investments has won multi-million-dollar exclusive rights to manage and develop the city centre of Indonesia's proposed Silicon Valley. Its executive committee chairman Edward Soeryadjaya disclosed on Tuesday that once a feasibility' study is conducted,
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  • Page 21 Advertisements
    • 826 21 The Straits Times Weekly Edition APPOINTMENTS Fulfil your ••si m J \m U J ASPIRATION Erery lawyer has career aspirations. Not erery lawyer has the opportunity to contribute to the advancement of hue in our country. Join the Singapore Legal Sereice for a fulfilling and noble profession. IN A NOBLE
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  • Page 22 Advertisements
    • 1088 22 Join our make major advances in technology through research materialsr. processes Established m 1996, the Institute of Materials Research and Engineering (IMRE) undertakes research with commercial aims in selected fields of material science and engineering, especially in collaboration with industry and other centres of excellence. As part of our continuing
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  • FORUM
    • 455 23 I WISH to comment on the article. “Young Chinese score low on ethnic pride" (See Page 24). Essentially, a National University of Singapore survey on ethnic identity showed that young Chinese Singaporeans may be losing their ethnic pride due to “Westernisation". 1 respect Or
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    • 496 23 I REFER to the commentaries by Ms Sandra Davie and others on “Let Singaporeans pursue higher education here" (ST Weekly, Nov 27). I agree our universities could be more flexible in their selection criteria. My concern is with the methods cited teacher's recommendations, personal
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    • 430 23 I REFER to the letter “Study deaths caused by medical errors here" (ST, Dec 8) by Mr Sunder R. Daswani. A multi-pronged system is in place to ensure that all medical errors, whether due to side effects of treatment, mishaps or negligence, are investigated thoroughly.
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  • 596 24  -  12% of those polled would rather be Caucasian, whereas more Indians and Malays would keep their ethnicity By EUNICE LAI and LYDI A LIM ABOUT a quarter of young Chinese Singaporeans do not wish to be Chinese, according to a survey by a
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  • 510 24  -  Hu BEN NADARAJAN A SEVEN-YEAR-OLD boy died in hospital on Wednesday evening, hours after he was found at the bottom of a pool in a private condominium where he had been swimming unsupervised. This is the second such drowning in seven weeks. Toh Si
    I I \\»U WWBAO; 1.l AMIF \\ WB\()  -  510 words