The Straits Times : Weekly Overseas Edition, 1 January 2000
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2000-01-01
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The Straits Times : Weekly Overseas Edition
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Title Section19 2000-01-01 1 The Straits Times Weekly Edition Saturday January 1,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/9919 words
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Article, Illustration756 2000-01-01 1 CHUA CHIN HON - After their gruelling journey, the elated Antarctica 2000 trek team dance around the pole marker and kiss the silver globe on it *L CHUA CHIN HON FOR weeks, they had raced against time in the most unforgiving environment on the756 words
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Page 1 Advertisements
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Advertisement62 2000-01-01 1 Y 2 K BUG Billion-S Bill That is the sum spent to make sure all computer systems work as the world starts a new century, based on what industry experts say. page 2 T OTO Million-$ Tickets The queues were endless as thousands tried their luck, hoping to win the62 words
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PRIME
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389 2000-01-01 2 Harness globalisation and IT to become a globally competitive economy within a decade, he adds AN UPBEAT Prime Minister had this happy new year message for Singaporeans yesterday: they could not have hoped for a more auspicious start to the new millennium.389 words
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Article, Illustration699 2000-01-01 2 CHANG AI-LIEN - STRAITS TIMES ESTIMATE Bu CHANG AI-LIEN AT LEAST $1 billion has been spent to fix the Y2K bug here apart from enormous manpower resources. And by this morning, it will be clear if the money and effort have been effective. No official price tag699 words
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Article382 2000-01-01 2 DOUGLAS WONG - B 'J DOUGLAS WONG IN KUALA LUMPUR INVESTORS biting their nails as yesterday's deadline loomed for the transfer of Clob shares to Malaysian authorities received a lifeline on Thursday from Malaysia's Prime Minister. Datuk Seri Dr Mahathir Mohamad said that Malaysia may extend the temporary382 words
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Article, Illustration256 2000-01-01 3 Cable modems offer freedom and speed. You do not need to dial up each time you want to access the Internet as you are connected all the time. Because of their speed, cable modems also allow you to receive large files quickly. HOW IT WORKS A cable modemC CHANDRADAS Photo. TAX SCAN ANN - 256 words
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Article, Illustration425 2000-01-01 3 JOANNE LEE - Bn JOANNE LEE HOLDERS of six Toto tickets won millions of dollars on Thursday in the Singapore Pools’ record 510.5 million Millennium Draw. The six tickets yielded 81,752,016 each in the Group 1 category, while another 53 tickets yielded $37,736 apiece in the GroupJOSE RAYMOND - 425 words
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574 2000-01-01 3 TAMMY TAN - Net users have access to a fast, non-stop connection, and no need to dial up or track time online TAMMY TAN SUPER-FAST Internet surfing on your personal computer or television set is now possible with Singapore Cable Vision’s (SCV) newly-launched cablemodem service. Priced574 words
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HOME
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Article, Illustration502 2000-01-01 4 M. MRMALA - An immediate pay rise for some under adjusted salary scales, while engineering graduates will get a nigher starting pay *IL M. MRMALA TEACHERS can expect to be promoted more quickly and more often, under a revised scheme of service that starts today. Some ofA LAX LIM - 502 words
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Article505 2000-01-01 4 CHAN TSE CHUEEN - By CHAN TSE CHUEEN SPORTS, music and drama will have a higher profile when schools re-open for the new academic year on Monday. For a start, such extra-cur-ricular activities (ECA) will be renamed co-curricular activities (CCA). The name change, assured the Ministry of Education,505 words
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333 2000-01-01 4 EUNICE LAU - By EUNICE LAU TODDLERS and preschoolers attending NTUC Childcare centres will be taught to be computer savvy the cooperative is pumping in more than $250,000 to equip all its childcare centres with computers. The kids will also learn Mandarin using hanyu pinyin and have333 words
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Article, Illustration551 2000-01-01 5 BENJAMIN NAPARAJAN - After being asked to stop talking on his mobile phone during a show, the youth and three Friends attack his critic after the film By By BENJAMIN NAPARAJAN A LAWYER was beaten up at the movies after he ticked off a cinema patronHEDY KHOO - 551 words
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Article, Illustration582 2000-01-01 5 WENDYTAN - Bi, WENDYTAN A SURGEON who left a blood-soaked piece of gauze in a patient’s windpipe during an operation nine years ago, has been censured by the Singapore Medical Council (SMC). The woman died soon after the operation and Dr Seow Li Jin582 words
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517 2000-01-01 5 ALETHEA LIM - §IL ALETHEA LIM GEYLANG businessman Chua Tiong Tiong, the man in the centre of a series of police corruption trials here, was yesterday jailed 18 months for bribing a cop. The district court has found Chua guilty of giving free entertainment in the517 words
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Article, Illustration495 2000-01-01 6 KAREN WONG - But they splurge it on such items as cigarettes, arcade games and movies, a court survey has found Btt KAREN WONG MOST youngsters who shoplift from shops here do, in fact, get enough pocket money from their parents. The Subordinate Courts found in a recent studySource: SUBORDINATE COURTS; LEE CHEE CHEW - 495 words
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Page 6 Miscellaneous
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Miscellaneous1062 2000-01-01 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 Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,062 words
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SPORTS
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852 2000-01-01 7 CHAN TSE CHUEEN - A well-thought-out scheme that prepares sports students for life after sports is necessary for ECA name-change to be meaningful By CHAN TSE CHUEEN STUDIES are important in Singapore. Repeating this obvious statement is not an educator or an irate parent of an academi-cally-disinclined kid852 words
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Article, Illustration397 2000-01-01 7 SANTOKH SINGH - SOCCER §!L SANTOKH SINGH MOHAMED MARDANI was cleared of consuming a banned substance deliberately by a Football Association of Singapore disciplinary committee on Tuesday. The committee, headed by lawyer Mohamed Muzammil, found that the Woodlands Wellington defender had taken metandienone, an anabolic steroid found,397 words
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Article363 2000-01-01 7 THOMAS KOH - SOCCER By THOMAS KOH DO YOU still believe in fairy tales? No? Well, it may not be too late to change your mind. Even seasoned SLeague club chairmen are now convinced that there is a Santa Claus after all. He came in the form of league363 words
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MALAYSIA
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339 2000-01-01 8 JOHOR BARU The Johor government is hoping to draw five million Singapore tourists to the state with the implementation of a smart card at the Johor immigration checkpoint. The Malaysian daily, Nanyang Siang Pau, reported on Thursday that the authorities in Johor339 words
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Article711 2000-01-01 8 BRENDAN PEREIRA - His offer to be re-elected signals a desire to control when he will eventually withdraw from politics By BRENDAN PEREIRA IN KUALA LUMPUR MALAYSIAN Prime Minister Dr Mahathir Mohamad, 74, said on Tuesday that he wants to continue as the president of Umno,711 words
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380 2000-01-01 8 PUTRAJAYA Cabinet ministers have been reminded that they cannot have business interests and should relinquish any post they hold in firms. This was among the 13 aspects of responsibility and 14 points related to ethics for ministers that Prime Minister Mahathir Mohamad wanted380 words
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Article, Illustration56 2000-01-01 8 GHAFAR SUFFERS A STROKE: Former Deputy Prime Minister Tun Ghafar Baba is recovering after suffering a mild stroke on Monday night. The 74-year-old can talk and move but is still weak. He had the stroke while visiting his wife's family in Indonesia. He is now homeBERITA HARIAN MALAYSIA - 56 words
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SOUTH-EAST ASIA
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373 2000-01-01 9 The forgers, based in Bangkok and KL, are using the documents to help people-smuggling gangs LONDON Sophisticated forgers based in Bangkok and Kuala Lumpur are producing high-grade false passports and visas to help smuggle economic migrants to the West. British Broadcasting Corporation radio, in373 words
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Article, Illustration315 2000-01-01 9 DAVID BOEY - Bi, DAVID BOEY ANNEKE Gronloh, the Indo-nesia-born singer who hit the charts in the 1960 s and 1970 s with songs like Burung Kaka Tua and Mina Bobo, has launched an intensive campaign to claim unpaid royalties from her record company. The singer has appeared in the315 words
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427 2000-01-01 9 DERWIN PEREIRA - By DERWIN PEREIRA IN JAKARTA THE INDONESIAN military yesterday warned of a protracted and bloody guerilla war by armed separatists in Aceh, as it prepared to send more combat troops after the Ramadan fast to the restive province. Just one day after security forces427 words
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Article371 2000-01-01 9 AP, Reuters JAKARTA Thousands of terrified refugees fled the clashes between Christians and Muslims in Indonesia’s Maluku Islands, as security forces clamped a curfew on parts of the region. Maluku commander Briga-dier-General Max Tamaela said yesterday the military 7 had imposed the measure after 350 people diedAP,; Reuters - 371 words
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COMMENT
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Article570 2000-01-01 10 SATURDAY DEC 25,1999 WONG Peng Soon and Tan Howe Liang were deservedly honoured at The Sunday Times Greatest Athletes awards week two weeks back. The present generation of armchair fans raised on live European football and NBA basketball could not possibly connect with that past of draughty570 words
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Article659 2000-01-01 10 FRIDAY DEC 31,1999 IT WAS the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it659 words
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Article, Illustration770 2000-01-01 10 SIA CHEONG YEW - SECOND LAST WORD Bil SIA CHEONG YEW IF I were to play the game of word association and the name Zoe Tay was mentioned, the last thing I w*ould say in reply would be “sexy”. Now, don’t get me wrong. She is, without doubt,770 words
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COMMENT/PERSPECTIVE
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Article, Illustration1040 2000-01-01 11 The scheme to peg civil servants’ annual bonus to individual performance will transform the way they are graded and redefine what they see as a stable income. Unions are therefore concerned about how workers are to be assessed. LESLIE KOH looks at the issues1,040 words
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767 2000-01-01 11 FELIX SOH - The year cant he all that had can it? EYE ON THE WORLD By FELIX SOH SOMEONE once said that life can be divided into two equal parts the horrible and the miserable. For many people, 1999 was indeed that kind of a year. From Mother Nature’s furore (there was767 words
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CPF news LINE A Corporate Newsletter Of The CPF Board
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Article193 2000-01-01 12 / 13 From I December 1999, the investment limits for shares and professionally-managed products were revised to 50% and 100% respectively. j The limits for gold (10%) and fixed deposits (100%) remained the same. Members who wish to invest in shares and gold should find out their193 words
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336 2000-01-01 12 / 13 GOOD NEWS #1 Workers, you'd be glad to know that your bosses' contribution to your CPF will be restored by 2 percentage points, raising the contribution rate to 12 per cent from April 1, 2000. The move was in response to the336 words
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Article, Illustration286 2000-01-01 12 / 13 Imagine that you have retired. You are in your 60s or 70s. And every month, $600 is given to you automatically...for as long as you live. Wouldn't that be reassuring? It is this worry-free scenario that spurred Mr Yeo Boon Liang,286 words
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CPF IN SHORT
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Article, Illustration28 2000-01-01 12 / 13 Ordinary Medisave Accounts 2.5% per annum Special Retirement Accounts 4.0% per annum The interest rates are reviewed quarterly.28 words
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Article, Illustration67 2000-01-01 12 / 13 From age 55, you have up to 10 years to top up your Minimum Sum Retirement Account. The contribution can come from you, your spouse or children. Please submit your application for topping up before December 31,1999. This is to ensure that processing is done promptly67 words
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Article, Illustration129 2000-01-01 12 / 13 When using the PAL-Phone now, you will be prompted to key in the prefix of your account or identity card number. You will be told to key in '1' for prefix ‘S' or '2' for T. This new requirement, which started in October 1999, is129 words
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Article, Illustration130 2000-01-01 12 / 13 Students working part-time in any type of business establishments must be aware that they are entitled to CPF contributions from their employers except when working during the gazetted school holidays. Bosses are exempted from making contributions for 'N' and 'O' level school leavers130 words
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Page 12 / 13 Advertisements
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Advertisement83 2000-01-01 12 / 13 mtm CONTACT US J y Cl Rest assured dial your account us. The CPF Board's computer systems Extensive system tests iver© conducted and all test results confirm that CPF members' accounts ar Y2K bug. The Board also keeps copies of members' account details so no information will be lost You83 words
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Page 12 / 13 Miscellaneous
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Miscellaneous20 2000-01-01 12 / 13 C o V te m o >» Hk Yorked hard for your money all this while? Not anymore when you retire...20 words
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INSIGHT
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Article, Illustration1860 2000-01-01 14 High-tech start-ups are surging in number here. Are they disproving the theory that Singapore lacks entrepreneurship? SUSAN LONG checks it out. THESE days, brewing a dot.com has become the “in” thing among schoolleavers. ‘Entrepreneur, the dirty word of the last generation, is the sexyNOEL ROSALES - 1,860 words
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1081 2000-01-01 15 CHUA MUIHOONG - THINKING ALOUD By CHUA MUIHOONG WHAT happens when the market comes to the ivory tower? A babel! Which is what happened after Deputy Prime Minister Tony Tan, who oversees development of the universities here, suggested that lecturers should be paid according to pay1,081 words
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Article1210 2000-01-01 15 CHLALEE HOONG - Ah, the crusading academic. LAST WEEK IN POLITICS By CHLALEE HOONG EVERY man and his brother, it seems, has written about the finding that came out of that one survey question posed by university sociology' lecturer Chang Han Yin. Having written often on race issues in the past, I had1,210 words
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MONEY
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340 2000-01-01 16 STOCKS closed the year at an all-time high, buoyed by bullish Wall Street and investor optimism of a post-Y2K rally. The blue-chip Straits Times Index rose 1,000 points, or 78 per cent, for the year to 2,479.6 points. Investors and market experts cheered340 words
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Article1858 2000-01-01 16 Company Date ann Net earn TY LY ($m) <$m) EPS TY LY <cts) (cts) Advanced Sys Dec 13 I 0.347 2.345L 0.30 2.1L Avimo Dec 09 P 20.170 14.641 19.1 13.9 Alexandra Nov 19 1 551.882 2341.3L 0.02 0.1L AsiaDekorRmb Dec 20 1 50.480 24.065 7.60 3.60 AP1,858 words
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Article82 2000-01-01 16 Straits Tines Index The Straits Times Index rose 33.01 points on the week to 2,479.58. DAY CLOSE TURNOVER Monday 2,460.42 13.85) 504.4 m ($417.6 m) Tuesday 2,446.97 13.45) 503 m ($381 m) Wednesday 2,472.69 25.72) 498.2 m ($502 m) Thursday 2,479.58 6.89) 929.9 m ($655.3 m) Friday82 words
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Article574 2000-01-01 16 Payment (cts) Ex date Books close Pay date Allied 10c b 0.2 Dec 17 Dec 24 Jan 7 AP Breweries F 12.2 Feb 28 Mar 6 Mar 15 AV Jennings A25c h A1.50 Dec 1 Dec 8 Dec 17 Avimo 20c F 4.75 Mar 6 Mar 13 Mar574 words
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Article111 2000-01-01 16 Company Description Hwa Hong Sub-division of ordinary shares of $1.00 each in the Company's capital into four(4) new ordinary shares of $0.25 each. GRP Proposed renounceable rights issue of up to 37,686,400 new ordinary shares of S$0.20 each at an issue price of S$0.20 per Rights Share. Lee111 words
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Article182 2000-01-01 16 BONUS ISSUE ExBooks Acc Company Ratio date dose Paymt Datapulse one-for-one Dec 22 Dec 29 Jan 12 Strike one-for-two Dec 10 Dec 17 NA S Chance one-for-two Dec 9 Dec 16 Dec 30 RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt Progen Renounceable NonUnderwritten Rights Issue of182 words
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Article168 2000-01-01 16 Company Place Date Time Times Pub A The Oriental S’pore 5 Raffles Ave S'pore (*****7) Jan 21 11.00am Jurong Shipyard E 29 Tanjong Kling S’pore (*****4) Jan 14 1.30pm Hwa Hong E Function Rm Ground Floor TradeMart S'pore 60 Martin Rd S’pore (*****5) Jan 12 10.00am Hop Seng168 words
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Article1494 2000-01-01 17 UNIT TRUSTS FUNDS Dec 31,1999 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.285 1.350 UK QlueOoFd!** 0.998 1.049 American Opport Fd 1.067 1.121 Continental Euro Eqty Fd 1.209 1.271 Japan Egty Fd!** 1.673 1.757 Asian Fixed income Fd 0.975 1.005 Pacific1,494 words
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Article359 2000-01-01 17 TAMMY TAN - Bu TAMMY TAN SINGAPORE Telecom is taking a second, and more ambitious, stab at the lucrative Taiwanese phone market with a NT4O billion (Ss2.l billion) bid to provide fixed line services there. It will team up with eight Taiwanese companies, including the diversified Far359 words
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Article, Illustration672 2000-01-01 17 CHEE JANN PERNG; porting by Ignatius Low; Edna Koh; Edna Koh - Commissions for share trades above $150,000 can go as low as 0.25%; 0.75% for lower trades Si CHEE JANN PERNG Additional REPORTING BY IGNATIUS porting by Ignatius Low and Edna Koh Edna Koh WHEN commissions for share trading are freed on Monday, stockbrokers could be charging672 words
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Article4428 2000-01-01 18 Transaction (fate: Dec 30,1999 MULTI INDUSTRY 52-Wk Curr Last High Low Company Traded Sale ♦orVol ■ooo Day High Low Gi-s Div Net M Cap P/E $mil Wt Avg Price 182 67 me AcmaSOc 119 ♦2 205 119 116 10 9.8 196.9 117 84 25 c4,428 words
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Article1168 2000-01-01 19 52-WK High Low Curr Last Company Traded Sale ♦orVof '000 Day High Low Gr*s Div Net P/C M Cap WtAvg $mil Price MANUFACTURING 218 85.5 C •AS Auto 10c 185 unch 1719 191 183 10 N 211.2 185 137 54 c ASJ Hldgs 20c 85 unch 14 85 84.51,168 words
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Article1645 2000-01-01 19 BONDS, LOANS WARRANTS Transaction date: Dec 30,1999 52-Wk High Low Company Last Sale ♦orVol OOO Day Hiqh Low Last Ouote Wt Avg Buyer Seller Price 104 10.5 s A Acer W*****1 US$ .40.5 unch 89 41 40.5 40.5 41 80 14.5 s Acma W*****4 36 +1 154 37 36 34.51,645 words
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Article153 2000-01-01 19 (9am. Dec 30) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 1.0760 1.0910 Canadian dollar 1.1350 1.1580 NZ dollar 0.8590 0.8770 Sterling pound 2.6830 2.7110 US dollar 1.6610 1.6720 Singapore dollars to 100 units of foreign currency Austrian schilling 12.05 12.30 Belgian franc 4.110153 words
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583 2000-01-01 20 DENNIS CHAN - That is double last year’s figure and creates 50 billion-dollar firms, and the market’s bull party is not over yet, analysts say Bn DENNIS CHAN AMID all the New Year’s Eve revellers popping bottles of champagne, corporate chiefs have more reason than most583 words
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Article, Illustration506 2000-01-01 20 DEXNIS CHAN - Bu DEXNIS CHAN PSA CORPORATION hopes to replicate its massive HarbourFront redevelopment project at its overseas ports, said chairman Yeo Ning Hong on Tuesday. He sees opportunities for the port operator to take a leading role in converting old run-down ports in prime locations intoSon PSA CORPORATIONS; JALEHA HASHIVI - 506 words
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513 2000-01-01 20 KWANWEXC KIN - Bn KWANWEXC KIN TOKYO No headaches, no heavy breathing. That is the promise as the tiger leads the dragon in a unique corporate dance in Japan. Singapore’s Haw Par group, makers of the famous Tiger Balm ointment, showed the spring513 words
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Page 19 Advertisements
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Advertisement18 2000-01-01 19 Buy It. Sell It. Find It. Classified. v-\ vM CAT.S. Call Today For Results Tomorrow 1800-737-1166 1 j18 words
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Page 21 Advertisements
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Advertisement869 2000-01-01 21 The Straits Times Weekly Edition The Fraser Neave Group, an organisation positioned for long term sustainable growth, seeks outstanding individuals to join our Corporate headquarters in Singapore as Legal Officer. If you have a positive attitude and are keen on continuous improvement, you will enjoy working with a management team869 words
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Page 22 Advertisements
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Advertisement1033 2000-01-01 22 w, E INVEST IN THE BEST. f areer decisions should be made prudently because they determine your long-term future. When you join the Government of Singapore Investment Corporation Pte Ltd (GIC), you are making a prudent decision which gives you good long-term returns. We are the largest global fund management1,033 words
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FORUM
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Article, Illustration704 2000-01-01 23 THERE has been much discussion about turning Singapore into an internationally recognised hub for arts and creativity. Much of the media coverage on this has been devoted to statements by ministers and officials of the Ministry of Information and the Arts and the National704 words
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Article269 2000-01-01 23 I REFER to the report (ST, Dec 22) on the withdrawal of some bus services in Bukit Panjang. As my children commute by feeder-bus service 345 to Greenridge Primary School at Jelapang Road, I do not agree with Transit Link’s decision to withdraw a service which269 words
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Article156 2000-01-01 23 I WAS very surprised to be caught in a traffic jam along Kim Seng Road and then, a flood in dry weather at about 11 am last Thursday. It was only through the next morning’s papers that I found out it was due to an extreme156 words
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Article88 2000-01-01 23 Displaying signs to tell people not to use mobile phones in cinemas is not enforceable and, obviously, has not worked. The severe punishment suggested by some of your readers for those who beat up the lawyer is not going to help. The next incident could88 words
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194 2000-01-01 23 I RESPECT Mr Gerald Khor for having the courage to try and stop a “phone pest” from talking on his mobile phone during the screening of a movie. A similar incident happened in the United States while I was watching a movie there.194 words
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Article, Illustration528 2000-01-01 24 BENNADARAJAN; and WENDY TAN - This number is double that in 1998. The last infant to be abandoned was three days old. Bij BENNADARAJAN and WENDY TAN SEVEN babies were abandoned by their parents last year, more than double the number dumped in 1998. A three-day-old baby girl found at a YishunAZIZHUSSIN - 528 words
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Article299 2000-01-01 24 ELENA CHONG - *1 ELENA CHONG A TEENAGER who abandoned her newborn baby boy outside a flat in Braddell Hill, was placed on probation by a district court on Tuesday. The girl, then 16, had left her baby outside the seventhfloor flat on Feb 21 this year with the299 words
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Article354 2000-01-01 24 INDONESIAN police are looking for the killers of a Singaporean businessman and his Indonesian wife of less than a year, who were hacked to death in their home near Jakarta last month. The police have not ruled out revenge as a motive for the354 words