The Straits Times : Weekly Overseas Edition, 1 April 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday April 1,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
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  • 610 1  -  Gut and thrust vital to survival in liberalised telecoms industry, says SM at Star Hub launch party BIL TAMMY TAN STARHUB slid through the open gates of the local telecommunications market at midnight and was met head-on by the competition. The-newcomer, which was set to
    GEORGE GASCON  -  610 words
  • 342 1  -  *L SALMA KHALIK A YEAR after the outbreak of the deadly Nipah virus, the condition of one of six victims is still worrying doctors here. The man, who needed mechanical help to breathe initially, appeared to be getting better. But in July, he complained of
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  • Page 1 Advertisements
    • 53 1 Business tT7^ Old Pals In Hew Company Two Creative Technology co-founders Sim Wong Hoo and Ng Kai Wa —join forces for a Net telephony business. PAGE 3 Home Future Of Bras Basah Park Singapore Management University unveils its billion-dollar masterplan for its campus which puts Bras Basah Park at its
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    • 3 1 8 ‘*****1' 900G06
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  • PRIME
    • 1163 2  -  Tried-and-tested practices and models to be replaced as it leads Singapore into the new economy IRENE NG EVEN the Government has to undergo creative destruction, and replace old practices and models with new ones, if it is to lead Singapore successfully into
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    • 184 2  -  SUSAN SIM INDONESIA CORRESPONDENT JAKARTA Value-added taxes will indeed be collected in Batam from today, Batam authorities said on Thursday. Despite a last-ditch appeal from the chairman of the Batam Industrial Development Authority to defer imposing VAT at the tax-free haven, Indonesian Finance Minister Bambang Sudiyo was
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    • 345 2  -  SIL KARAMJIT KAUR SINGAPOREAN businessman Simon Tan Teow Chai, arrested in the United States for trying to illegally buy and smuggle more than $34 million worth of Iraqi oil into Thailand, faces a maximum five-year jail term
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    • 420 3  -  THAT LITRE BLUE TABLET Bv LESLIE KOH SEX sells 610,692 times over in the case of Viagra. This was the number of Viagra pills sold between April 19 last year and March 20 this year. At $l6 a tablet, that is worth
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    • 865 3  -  Net telephony business set to join big league. This sum is one of the biggest venture-capital investments in a single firm *L TAMMY TAN TWO of the three Creative Technology co-founders have joined forces once again and the end product could well turn
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    • 263 3 SINGAPORE has suspended the import of beef from Japan in the wake of concerns over an outbreak of foot-and-mouth disease there. A Primary Production Department spokesman said on Tuesday that Singapore imports only Kobe beef from Japan 100 kg of it a month. It is
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  • HOME
    • 485 4  -  Public feedback and media coverage lead to a revision of the $2 hike in the surcharge to be enforced from April 21 By MANASI RAJAGOPALAN THE hike in the taxi surcharge at Changi Airport will be limited to Friday, Saturday and Sunday evenings,
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    • 225 4 THE classroom: a $3-million lagoon at Sentosa Island. The reward for correct behaviour: fresh fish and squid. The pu- pils: a pair of nine-year-old female pink dolphins. Featured frolicking with singer Mariah Carey recently, the Indo-Pacific humpbacked dolphins are now being showcased publicly at the speciallybuilt dolphin
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    • 516 4  -  *L CHONG CHEE KIN AN $BO,OOO reward has been offered for information leading to the arrest of the culprits behind the rape and murder of oil company executive Linda Chua at the Bukit Batok Nature Park in February. This was announced by Mr
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    • 385 5  -  Wong Kan Seng says it’s a misnomer to term them as a form of local government By PAULINE LEONG HOME Affairs Minister Wong Kan Seng on Sunday clarified that Community Development Councils (CDCs) are not about “local government” but about “community governance” He said that
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    • 429 5  -  12 CBT CHARGES Si. KAREN WONG AUTO ASIA’S managing director, David Koh Beng Oon, 52, was all smiles last Saturday after he was acquitted of 12 charges of criminal breach of trust. He had been accused of misappropriating car log cards and Preferential Additional Registration Fee
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    • 417 5  -  ALETHEALIM A DAUGHTER of retail king C.K. Tang has failed in the Court of Appeal to claim more than $680,000 from the proceeds of an apartment sold by her ex-husband’s third wife. Housewife Katherine Tang Woon Kiang, 67, had sought the money as her share
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    • 565 5  -  R. SENTHILNATHAN IN TORONTO SINGAPORE is the second highest Internet user among developing countries and 10th on the world list of Internet usage, according to an international study. The first global survey on the Internet’s current and potential users conducted by Angus Reid,
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    • 521 6  -  The Proposed Supplementary Retirement Scheme should go beyond being another old-age nest egg for workers, they say ?2L AHMAD OSMAN LET the proposed Supplementary Retirement Scheme (SRS) be a means for workers to borrow some of their own savings if they are
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    • 358 6 NOT content to just excel in the knowledge-based economy, Singapore is now seeking to dominate the knowledgebased battlefield. On Wednesday, it launched the Defence Science and Technology Agency (DSTA), a new statutory board under the Ministry of Defence. Speaking at the launch, Deputy Prime
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    • 295 6 COMMUNITY centres have caught the Internet bug. From tomorrow, people will be able to enquire about and register for courses conducted by CCs through the Internet at http://www.pa.gov.sg The service covers courses offered by all 105 CCs. “This site is about a greater convenience.
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    • 341 6  -  in DEBBIE GOH POLICE seized more than 200,000 pirated Sony Playstation compact discs with a street value of $2 million, their biggest haul of the CDs here, in two days of raids on Monday and Tuesday. Officers busted a pirate syndicate run by a
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    • 562 7  -  *L M. NIRMAJLA IS THE ruling party sweetening the ground with goodies, like extra COEs and upgrading projects, because it is going to call a general election? “Maybe,” said Deputy Prime Minister Lee Hsien Loong with a hearty laugh when asked by reporters
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    • 569 7  -  Viagra has been uplifting news for some men, but others, anxious about side effects, refuse to take it for erectile dysfunction *L LESLIE KOH HE DOES not crave it. Nor is he addicted to it. But mention Viagra to 52-year-old real-es-tate agent Tony Lim (not
      LUIS ASCUI  -  569 words
    • 248 7 GOOD sex is not all there is to Viagra, it seems. The impotence drug may actually help sufferers of heart disease and diabetes. Viagra’s maker, Pfizer, had tested the drug on British university students initially as a treatment for angina by increasing blood
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    • 486 8  - Found 30 hours after landing When technician did not return home, his wife went to the airport. He was found lying unconscious in a transit lounge O Br DEBBIE GOH THE man found unconscious at Changi Airport last Friday has come out of his coma. He regained conciousness on Wednesday
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    • 189 8 TUESDAY, March 14: Mr Wong Boon Cheng left Singapore for Germany on a business trip Wednesday. March 15: He called his wife, Madam Sow Mui En. to tell her he had a fever. Friday, March 17: Mr Wong consulted a doctor in Germany. He was given antibiotics
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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 2 Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • 376 9 Strikers KHAIRANI SANUCI (Sembawang, 18, one goal): Too early to elevate him to national squad, says national coach Vincent Subramaniam but he's in the under-23 South-east Asia Games side. TAUFIK JAILANI (Balestier, 21, one goal): yL Vincent Subramaniam has him in the national squad
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    • 545 9  -  A good crop of soccer talent for the future is emerging just three weeks into the S-League. sa. SANTOKH SINGH THE crowds and the football in the S-League’s opening three weeks may not match last season’s, but the games are uncovering youngsters with potential talent. The
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    • 320 9 GOLF ALL golf clubs in Singapore should be on the central handicapping system by September, but nearly 90 per cent should be by June.” The central handicapping system wall see the SGA administering and computing handicaps for all club members in Singapore. At present,
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  • MALAYSIA
    • 636 10  -  The Singapore High Commission replies to comments in the Ufusan Malaysia daily. Here is the full text ofthe letter. SAMUEL TAN Press Officer Singapore High Commission IN THE commentary, “Singapura ada agenda tersembunyi (Singapore has hidden agenda)”, (Utusan Malaysia, March 16, 2000), Mr
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    • 826 10  -  With 132 of the 165 nominations, he will be installed as Umno deputy president next month By BRENDAN PEREIRA IN KUALA TERENGGANU DATUK Seri Abdullah Ahmad Badawi will be installed as Umno deputy president at the ruling party’s general assembly in May, putting him
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    • 199 10 AP KUALA LUMPUR Police have banned indefinitely outdoor public rallies in Kuala Lumpur after activists protested last month against curbs on an opposition newspaper. “In view of recent events, we have decided to put on hold all applications seeking permission for public rallies,” Deputy
      – AP  -  199 words

  • SOUTH-EAST ASIA
    • 496 11 Hoping for greater transparency, it wants to reduce red tape, help the private sector grow and privatise government bodies Bernama BANDAR SERI BEGAWAN Brunei will replace its “archaic and highly-bureaucratic” system of governance with one that is transparent and free from red tape. This
      Bernama  -  496 words
    • 475 11  -  By ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA The Indonesian government will raise the salaries of civil servants from today as part of its efforts to combat corruption in the public sector. A source at the Department of Finance confirmed that besides an across-the-board
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    • 360 11 Reuters, AP JAKARTA A close friend of former president Suharto was detained on Tuesday by the Attorney-General’s office in connection with an investigation into the alleged misuse of funds involving an Indonesian government contract. Mohamad “Bob” Hasan, the former trade minister and Suharto’s golfing buddy,
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    • 336 11 Bloomberg News JAKARTA Farmers in Indonesia are lighting forest fires that could cost the country and neighbouring Singapore and Malaysia more than US$5 billion (SsB.s billion) in lost tourist revenue and environmental damage, officials said. Farmers and plantation companies burn rainforest to
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  • COMMENT
    • 581 12 TUESDAY March 28, 2000 THE worldwide scramble for infor-mation-technology professionals is proceeding at such a pace it is not going to permit a pause for reflection. But, planners must, at least to discern where one is headed in the talent stakes. Until recently, beginning with the
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    • 598 12 THURSDAY March 30,2000 Nobody can contend that the idea of having a Speakers Comer here, as a forum for public discourse without undue hindrance, is not a good one. If the essence of civil society is the state engaging its citizens as participants, not treating
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    • 1083 12  - Keep that charity for charity THINKING ALOUD By SONNYYAP THIS is no trick question what do your neighbourhood Ah Soh and Ah Chek who have a flutter on a 4-D, Toto or Big Sweep ticket have to do with the Esplanade Theatres on the Bay? Plenty. They are helping to
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    • 1091 13  -  MY VIEW By SUSAN LONG WHETHER it was Xian, Hangzhou or Qufu, the line of questioning seemed wearily predictable. While I was touring China to gather material for a travel series last year, I must have sat down to some 50 banquets with Chinese officials,
      LUDWIG ILIO  -  1,091 words
    • 755 13  -  EYE ON THE WORLD By CHUAHUCK CHENG THEOLOGIANS, poets and freedom fighters will be trying to discern the nuances of Pope John Paul ll’s mesage on his pilgrimage to what is called allegorically the Holy Land. When the Holy Land translates in contemporary
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  • INSIGHT
    • 1450 14 The Straits Times’ Forum pages hare been crackling recently icith views about the role of civil society in the Republic. How vibrant, exactly, is this tvotid? Sill ANDRIAME gives an update. IT WAS the National Library that did it. The fate of Singapore’s
      CHEAH SIN ANN  -  1,450 words
    • 987 14  -  LAST WEEK IN POLITICS By CHUAUEE HOONG DO YOU realise something? With the victory of the controversial and charismatic Mr Chen Shuibian and the defeat of the Nationalist Party, or Kuomintang, in Taiwan’s presidential election, there is only one democratic government left in Asia
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  • MONEY
    • 348 16  -  Mohd Azhar Khalid THE Singapore bourse ended firmer yesterday after experiencing losses for the previous three days. But the Straits Times Industrial Index (STI) lost 13.61 points over the week and closed the week at 2,132.59 points. Dealers said Friday’s mild rebound
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    • 73 16 Straits Tines Index The Straits Times li ndex lost 13.61 points on the week to 2,132.59. DAY CLOSE TURNOVER Monday 2217.07(+70.87) 463.0 ($759.3m) Tuesday 2207.63(- 9.44) 440.6 ($642.1m) Wednesday 2181.46(-26.17) 270.4 ($522.7m) Thursday 2116.8K-64.65) 329.0 ($728.8m) Friday 2132.59W5.78) 239.6 ($627.1m) BT-SII Index The BT-SRI Index gained 6.60
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    • 1864 16 Company Date ann Met earn TY LY ($m) <$m) EPS TY LY (cts) (cts) ABR Hldgs Mar 21 P 4.370 1.452 1.87 1.03 ACE Dynamics Mar 23 P 0.797 0.758 0.90 0.99 AltQreen Mar 22 P 97.189 261.67L 10.1 36L Amara Hldgs Mar 28 P 2.252 2.122 0.39
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    • 210 16 BONUS ISSUE ExBooks Acc Company Ratio date close Paymt TIBS one-for-two Apr 04 Apr 07 NA Sembcorp Marine one-for-two Apr 19 Apr 25 NA Konami one-for-one Mar 29 Apr 03 NA WBL one-for-two Mar 24 Mar 29 NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt Republic
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    • 154 16 Company Place Date Time Wah Snmq A Lotus Room, Level 4 Tower Wing Block Shangri-La Hotel 22 Orange Grove Road S'pore (*****0) Jun 24 10.00am Keppel Tat Lee Bank A Board Room Keppel Tat Lee Bank 6th Storey Keppel Towers 10 Hoe Chiang Rd S’pore(*****5) May 31 10.30am
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    • 1190 16 Payment Ex Books Pay (cts) date close date Acma 50c F 1.25 Jul 7 Jul 12: Jul 28 Allgreen 50c F 2.5 Jun 5 Jun 8 Jun 27 Auric Pec 50c F 2.68 May 3 May 8 May 23 Berger Intl25c b 0.125 Jun 15 Jun 20 Jul
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    • 43 16 Company Description First Engg Proposed bonus issue of one -for-one. In-principle approval has been granted by S'pore Exchange. ASJ Proposed bonus issue of one-for-two. ordinary shares of $0.10 each L&M Renounceable Rights issue on the basis of dne-for-four at $0.50 each. >
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    • 1590 17 UNIT TRUSTS FUNDS Apr 1,2000 Manaqers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.602 1.683 UK Blue Chip Fd!** 0.976 1.025 American Opport Fd 1.096 1.151 Continental Euro Eqty Fd 1.285 1.350 Japan Eqty Fd!** 1.642 1.725 Asian Fixed Income Fd 1.042
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    • 388 17  -  The merged entitv will be one of the largest stockbrokers here and have offices all over the region Bv_ IGNATIUS LOW CENTURY-OLD Kav Hian Securities. one of the tirst brokerages to be set up here, is merging with UOB Securities the stockbrokmg arm
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    • 444 17  -  Bu J— CHEE JANN PERNG TRENDY new silver-coloured Volkswagen cars with the MPH online logo painted on in cool green. An aggressive newspaper advertising campaign complemented by bur. and television ads. Mainboard-listed bookseller MPH is planning to spend an impressive $3.5 million over the next 10
      LIM SIN THAI  -  444 words
    • 4277 18 Transaction date: Mar 31, 2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr*s Net M Cap Wt Avg High Low Company Traded Sale ♦or'000 High Low Div P/E $mil Price 182 135 Cd -3 191 135 133 5 16.9 223.3 138 84 31.5 -2.5 18
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    • 1146 19 52-WK High Low Curr Last Company Traded Sal* ♦orVol '000 Day High Low Cr’s Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 218 86.5 c AS Auto 10c 177 ♦10 2431 177 160 10 N 232.4 166 137 57 c ASJ Hldgs 20c 90 unch 2
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    • 1561 19 BONDS, LOANS WARRANTS Transaction date: Mar 31, 2000 52-WK High Low Company Last Sale ♦orVol '000 Day Hiqh Low Last Ouote Buyer Seller Wt Avg Price 80 18.5 s Acma W*****4 21 unch 151 21 20 21 21.5 23 59 15 s AIITech W*****7 17 11 17 18 53 16
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    • 147 19 (Sam, Mar 31) Buying CO SeMing Singapore dollars to one unit of foreign currency Australian dollar 1.0420 1.0640 Canad'an doi'ar 1.1690 1.1930 NZdol'ar o.esio 0.86S0 Sterling oound 2.7240 2.7520 USdo'lar 1.7130 1.7240 Singapore dollars to ICO units of foreign currency Austrian schilling ii.eo 12.20 3elgian franc 4.040 4.130 Chinese
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    • 580 20  -  Investments from 58 new licences will bring ‘spin-offs’, such as more jobs and faster growth in the telecoms market By IGNATIUS LOW IN A bold move which will transform the telecommunications market here, the Government gave 58 new licences to big and small phone companies
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    • 495 20  -  STAKES RISE AGAIN Bii TAMMY TAN MARKET leader Sing Tel Mobile has upped the stakes in the mobile phone game by lowering its GSM 1800 price plans by up to 20 per cent. The cuts, announced barely six hours after newcomer StarHub
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    • 350 20 CHANGE phone operators today and still keep your phone number, whether mobile or fixed-line. This was announced by the Info-communications Development Authority of Singapore (IDA) yesterday. This was made possible when the IDA intervened to break a deadlock among operators on how much to charge
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    • 240 20  -  By CHEE JANN PERNG THE new licensees announced On Wednesday included several niche players who will be coming to the market with innovative products. An Internet company, for example, will be offering a cheap international calling card service targeted at foreign workers here. Australia-listed Circle Dot
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  • Page 19 Advertisements


  • Page 21 Advertisements
    • 946 21 *>v,' I The Straits Times Weekly Edition 5 :A f- 4 r -i s' iv s’■!'tv4k' 1> 0 '3Kw > Get onboard the world’s first fully automated underground heavy rail system. No matter what mode of transportation people use in the future, our responsibility remains the same to get them
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  • Page 22 Advertisements
    • 849 22 0 0 1 *****0 01X110 0 '0"0 laoooo iixioooo Connect h y 1 1: 1 JOIN A CYBER-GENERATION of writers How would you like to ride the next exhilarating wave of dot.com activities? Or enter emerging IT dimensions which you did not think existed before? As a writer/Sub-Editor with Computer
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  • FORUM
    • 703 23 I REFER to the opinion piece, “Here’s a tale of two democracies”, which appears in the column, Last Week In Politics (see Page 14). It is most regrettable that The Straits Times saw fit to include in its pages such flippant and callous
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    • 69 23 I REFER to the letter, “Overseas Singaporeans need voting conveniences” by He Chengzhi (ST, March 16). The issue of overseas voting was last debated in Parliament on Oct 12,1998. The proceedings are available in the Hansard. As stated previously, the Elections Department is looking into the
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    • 116 23 BEING cautious over the Speakers' Corner may not be a bad thing. There could be some people who may exploit the situation with inflammatory speeches on race and religion. However, some letter-writers have said our laws are adequate enough to deal with this threat. Having
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    • 459 23 I REFER to the letter, “Incentives in place to raise birth rate” (ST, March 24) by Ms Elaine Swinn-Tan of the Ministry of Manpower. I agree that lowering the foreign domestic-worker levy will have high social and political implications. However, I would like to
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  • 346 24  -  By JAMES EAST IN BANGKOK faces the prospect of an early election after the resignation on Wednesday of powerful Interior Minister Sanan Kachornprasart, following his indictment for corruption. Speculation was rife that the ruling coalition, led by the Democrat Party, would not be
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  • 554 24  -  The masterplan shows the new university’s Duildings flanked by pocket parks and courtyards By LYDIA LIM RESTFUL, shaded lawns, cool courtyards, underground links, lively cafes and low-rise buildings all in the heart of the city. The picture-perfect setting is a vision drawn up by the Singapore
    Source: SMU; JALEH A HASH IM  -  554 words