The Straits Times : Weekly Overseas Edition, 29 July 2000

Lock icon This issue may only be viewed from the multimedia stations at NLB Libraries. See FAQ for more information.

Total Pages: 22
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday July 29,2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 074/08/99
    19 words
  • 456 1  -  Higher pay and better prospects among moves to attract and retain nurses and beat shortage *!L LIANG HWEE TING NURSES can look forward to higher pay and a more challenging work environment under a major restructuring of the nursing system here. They will have their pay
    456 words
  • 88 1 RAISING ARTS CONSCIOUSNESS: Mr Benson Puah, 43, appears to be doing a Riverdance jig in front of the rising facade of the Esplanade Theatres On The Bay, and with good reason. He is the chief executive officer of The Esplanade Company, which runs the $6OO-million 6-ha performing-arts
    LUIS ASCUI  -  88 words
  • 294 1  -  Bij CHEE JANN PERNG The Monetary Authority of Singapore (MAS) said on Thursday that it would allow the local dollar to rise in value against some currencies. The Singapore dollar jumped 0.2 per cent against the US dollar after the MAS announcement, breaking through
    294 words
  • Page 1 Advertisements
    • 56 1 Scholarships Still Relevant In Internet Age Deputy Prime Minister Lee Hsien Loong traces the evolution of scholarships and affirms that they still serve their original purposes. pages Sports Citizenship Proposal FAS supremo Mah Bow Tan says yes’ to the idea of paving the way for two leading S-League strikers to
      56 words
    • 2 1 *****6, .18LZ88
      2 words

  • PRIME
    • 535 2  -  Latest death sparks ministry warning of a proposal to ban the negligent from hiring maids Bit KRIST 800 BOSSES who make their maids clean windows in a manner exposing them to danger may have to learn to live without domestic help. People who repeatedly subject
      535 words
    • 117 2 HAIL THE CONQUEROR: In a 30-minute ceremony at Tuas Naval Base on July 22, replete with pomp, a 51-m long submarine, RSS Conqueror, "became the latest addition to the fleet of the Republic of Singapore Navy. Its 27 crew members stood in ceremonial uniform on the deck
      STEVEN LEE  -  117 words
    • 292 2  -  Bu NATALIE SOH ALMOST every home and office in Singapore will have access to superfast Internet in five years’ time. And 2.2 million people here will be enjoying Internet services including smooth video and sound on their computers. The Infocomm Development Authority of Singapore (IDA)
      292 words
    • 436 3  -  Seven hospitals say there are no moves afoot by their local nurses to leave for jobs overseas By LIANG HWEE TING and SHARMILPAL KAUR DESPITE recent campaigns by foreign hospitals to recruit Singapore nurses, hospitals here say they are not worried because the number
      ALBERT SIM  -  436 words
    • 200 3  -  By By MANASI RAJAGOPALAN IN JANUARY, Madam Rosilawati Saad, a senior staff nurse at Mount Elizabeth Hospital, was offered a job at a London hospital. But she turned it down. For the 36-year-old, the benefits offered were not great enough to make up for leaving her family
      200 words
    • 498 3 A MAN from Singapore, whose user-name on the Internet is “Aquarius 7”, says he wants to get to know women interested in seeking thrills with a young married man. “Aquarius 7”, who says he is a 33-year-old manager with a telecommunications company, claims his
      LEE CHEE CHEW  -  498 words
    • 354 3  -  Br TAN 001 BOON LAND and property owners must ensure that any excavation work they do on their own land does not affect or damage the property next door. If they fail to take preventive measures, for example, by building retaining or support
      354 words


  • HOME
    • 590 4  -  Girl, 15, is the fifth member of a group jailed for the vicious assault and torture of a confined 14-year-old girl over 17 days KAREN WONG A PAIR of teenage torturers smiled at their relatives and friends in court on Monday as
      590 words
    • 194 4 A GREEDY housewife and the two men she organised to kill her husband will go to the gallows after losing their appeals against the death sentence. The Court of Appeal on Monday rejected the appeals by the woman, her boyfriend and a third man who was hired
      194 words
    • 255 4 POLICE have dropped counterfeiting charges against a schoolboy who printed a $2 note with an inkjet printer. They have also returned the computer equipment he used to make the fake note. The Secondary 1 student from MacPherson Secondary School scanned the note into
      255 words
    • 441 4  -  sBoo r ooo INSURANCE CLAIMS By ALETHEALIM BOTH men have the same surname, Lim. The younger one calls the other “uncle”. While they are on holiday in Cambodia together, the younger man finds “uncle” dead in his hotel, apparently drowned in an overflowing bathtub. The younger
      LIANHE ZAOBAO  -  441 words
    • 1855 5 Deputy Prime Minister Lee Hsien Loong defended the Government’s scholarship system on July 22, before presenting the Public Service Commission (Open) Scholarship awards. This is an abridged version of his speech. TODAY’S event organised by the Public Service Commission is particularly significant. Not only
      1,855 words
    • 498 6  -  No reasons given for withdrawing charge against Filipino held for oo l dumping baby in hospital toilet Bt ELENA CHONG and SALMA KHALIK A MAID who abandoned her premature newborn baby in a toilet at Mount Elizabeth Hospital earlier this year was cleared of attempted
      AZIZ HUSSIN  -  498 words


  • 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 Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
      1,062 words

  • SPORTS
    • 420 7  -  CRICKET By ERNEST LUIS NATIONAL Under-17 cricket team manager Bruce Yardley was actually held up at gunpoint when he was robbed of his team’s passports and U 551,350 (552,360) in cash on July 19 in Karachi, Pakistan. Talking to Timesport on the telephone
      420 words
    • 522 7  -  FAS supremo Mah Bow Tan agrees with proposal to boost soccer by giving citizenship to two leading S-League strikers «s. ERNEST LUIS SINGAPORE’S soccer supremo Mah Bow Tan has said yes to the idea of Mirko Grabovac and Egmar Goncalves becoming Singapore citizens to
      WONG KWAI CHOW  -  522 words
    • 289 7  -  SCHOOLS Ĕ!L GERARD WONG WHEN the whistle went at the Grange Road field on Tuesday to kick off the Schools’ National C Division rugby semi-finals, it also signalled the end of two great schoolboy rugby streaks. For the first time in more than
      289 words

  • MALAYSIA
    • 433 8  -  By LESLIE LAU ’N KUALA LUMPUR IT WAS to be singer Ning Baizura's coming-out party of sorts. To coincide with her 25th birthday this month, the publication of an exclusive magazine interview was supposed to show fans that the petite entertainer had grown up. But a
      UTUSAN MALAYSIA  -  433 words
    • 568 8  -  To bridge racial divide, Mahathir returns to the idea of integrated campuses for national ana vernacular primary schools WAN HAMIDI HAMID IN KUALA LUMPUR RACIAL polarisation has become a serious problem in universities in Malaysia, said Prime Minister Dr Mahathir Mohamad on Tuesday. And he
      568 words
    • 54 8 LIVING ON HOPE: Malaysian pilot Fong Shaufah, masking his pain, flew four freed Malaysian hostages from Jolo in southern Philippines to Manila on July 21. But he was disappointed that his son Ken, 28, was not among them. Capt Fong flies daily to Jolo, hoping to see
      AP  -  54 words
    • 331 8  -  LESLIE LAU IX KUALA LUMPUR THE government’s moves for greater integration among Malay, Chinese and Indian students may well receive a boost from an unlikely source Chinese-medium schools. These schools are now seeing an increase in Malay and Indian enrolment. Education Ministry figures show 60,000
      331 words

  • SOUTH-EAST ASIA
    • 380 9  -  Ministers agree to the setting up of an Asean Troika during crises to deal with peace and security MINISTERIAL MEETING LEE KIM CHEW IN BANGKOK ASEAN countries on Tuesday created a new mechanism to deal with regional problems and approved a raft of measures to
      380 words
    • 59 9 THREE MEN IN A BOOT I For these Bangkok commuters, a seat in the trunk is the only way to get to work. The city’s residents chose former Deputy 7 Prime Minister Samak Sundaravej to be their new Governor on Sunday. One of his priorities
      AP  -  59 words
    • 274 9  -  By DEVI ASMARANI IN JAKARTA and MARIANNE KEARNEY INPEKAXBARU IN A sign Indonesia is prepared to crack down on plantations responsible for the spread of haze, the government said on Tuesday it would suspend 12 firms in North Sumatra and Riau for allegedly
      LUIS ASCUI  -  274 words
    • 264 9  -  By EDWARD TANG THAILAND CORRESPONDENT BANGKOK Asean has intensified its battle against the drug problem, advancing by five years, to 2015, the creation of a drugs-ffee zone in the region. A joint statement issued on Tuesday by foreign ministers of the 10-member grouping at the
      264 words

  • COMMENT
    • 595 10 WEDNESDAY JULY 26,2000 THINK of a region troubled by religious conflict, that has pockets of corruption and unelected rule, is occasionally swathed in dirty air, and where the wealth gap between neighbouring countries is extreme. Foreign funds rushed in during an almost-golden past, but investors now
      595 words
    • 595 10 TUESDAY JULY 25,2000 ANIMAL conservationists and environmentalists can be as controversial as the causes they push. They are loathed by multinational companies and governments in many developing countries as their objectives more often than not conflict with broad economic aims or priorities of human survival. Examples are
      595 words
    • 832 10  -  THINKING ALOUD By IRENE NG IT IS easy to forget that Singapore is an exceptional state, until an outsider comes along and points it out. International relations expert Michael Leifer, from the London School of Economics, starts the first chapter of his recently-released book, Singapore’s
      LUDWIG ILIO  -  832 words

  • CPF Newsline July 2000 CPF celebrates its 45th Anniversary
    • 505 11 / 12 What is Financial Planning? Financial Planning is an essential process of meeting your life goals through a proper management of your finances. It helps you see the “big picture” of your current financial situation, what you may need in the future and what you must do
      505 words
    • CPF in short
      • 71 11 / 12 Here are another two good reasons for you to get a CPF PAL-PIN now: From 21 July, you are able to view your latest half-yearly statement of account on CPF PAL-Internet. It also means that you can see your statement earlier now that it's available
        71 words
      • 123 11 / 12 From 1 July, the CPF Minimum Sum was raised to $65,000. This applies to members who reach 55 years old on or after that date. Members can choose to pledge a property up to $40,000 while the balance of $25,000 must be in cash in the
        123 words
      • 70 11 / 12 From 1 July, the Medisave contribution ceiling and retention sum are $24,000 and $19,000 respectively. The contribution ceiling sets the maximum savings you can have in your Medisave Account. Any excess will be automatically transferred to the Ordinary Account. The retention sum is the amount you need
        70 words
      • 28 11 / 12 Ordinary Medisave Accounts: 2.5% per annum. Special Retirement Accounts: 4.0% per annum. The interest rates are reviewed quarterly.
        28 words
    • 193 11 / 12 If you make a nomination, the Board will distribute your CPF savings according to your wish in the event of your death. If there is no nomination, your savings will be distributed by the Public Trustee according to the Intestate Succession Act. Although the beneficiaries
      193 words
    • 285 11 / 12 Shopping vouchers for bright ideas If you have a great idea to help improve a CPF service, send in your suggestion. Those who submit a winning idea will win the CPF Quality Service Suggestion Award. We are opening the award to the public so that
      285 words
    • 429 13 / 14 This year marks CPF's 45th anniversary. Our commitment towards evolving a simple old-age savings plan into a comprehensive social security savings scheme has provided many working Singaporeans with a sense of confidence and security for their old age. Today, CPF encompasses a whole
      429 words
    • 391 13 / 14 BRANCH OFFICES Getting our services nearer to you 1981 Jurong and Toa Pay oh Offices Decentralisation of services began. First two branch offices opened to make it more convenient for customers. This was followed by three more branches in the 1980s: 1983
      391 words
    • 149 13 / 14 Make a date with us over the next four Saturdays at the CPF Gallery open house. You can learn more about the Central Provident Fund here. The gallery, completed at end-1999, showcases the development of the CPF since its inception in 1955. Be dazzled by the
      149 words
  • Page 11 / 12 Advertisements
    • 29 11 / 12 CONTACT US CPF SCHEME/ SERVICE Medisave 1800-227 1188-Code 4 Healthcare@cpf.gov.sg Minimum Sum 1800-227 1188-Code 5 Retirement@cpf.gov.sg Nomination 1800-227 1188-Code 1 Nomination@cpf.gov.sg PAL-Intemet 1800-227 1188-Code 1 PAL@cpf.gov.sg CPF Homepage www.cpf.gov.sg
      29 words


  • INSIGHT
    • 1725 15  -  The 11 anonymous people intent on breaking their scholarship bonds have set this nation on a soul-searching quest. LYDIA LIM plots out where we can go from here Additional reporting by Tracy Quek and Laurel Tec AS A people, Singaporeans have spent a thinking
      NOEL ROSALES  -  1,725 words

  • MONEY
    • 230 16  -  Azhar Khalid THE Singapore market tracked downhill throughout the week, weighed down mostly by weak investor sentiment over technology stocks. The benchmark Straits Times Index (STI) lost 87.67 points over the week to end at 2,039.02 points. Monday: The trading week kicked off to a
      230 words
    • 71 16 The Straits Times Index fell 87.68 points on the week to 2039.02 DAY CLOSE TURNOVER Monday 2098.96 (-27.74) 391.5m ($507.9m) Tuesday 2098.30 0.66) 497.6m ($506.5m) Wednesday 2079.17 (-19.13) 620.7m ($586.0m) Thursday 2057.02 (-22.15) 374.4m ($477.4m) Friday 2039.02 (-18.00) 330.8m ($514.3m) The BT-SRI Index lost 24.34 points on
      71 words
    • 2211 16 Company Date ann Net earn TY LY ($m) ($m) EPS TY LY (cts) (cts) Alexandra Jun 20 P 4.018 0.436 13.4 1.45 Air Ocean Jun 26 P 4.611 3.39S 2.02 1.49 AsiaPac Brew Jun 09 1 33.346 28.597 12.4 113 AS Auto Jun 08 P 2.906 14.093L 2.50
      2,211 words
    • 165 16 BONUS ISSUE Company ExRatio date Books close ACC Paymt Koh Brothers one-for-one Aug 14 Aug 17 NA Bonvests one-for-ten Jul 24 Jul 27 NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt OTHERS ExBooks Acc Company Ratio date dose Paymt SC Global Sub-division of the Aug 1
      165 words
    • 319 16 Company Place Date Time Lung Kee Metal A Mandarin Singapore Suite 831. 8th Floor South Tower 333 Orchard Rd S'pore (*****7) Aug 31 11.00am Total Access E Conference Room No.1 333/3 Chai Building 12th Fir Vibhavadi Rd Ladyao, Chatuchak Bangkok Metropolis. Aug 25 10.00am Tat Hong A 18
      319 words
    • 539 16 Payment Ex Books Pay (cts) date close date Avimo 20c I 3 Aug 2 Aug 7 Aug 22 Australand A50c f A3.0 Aug 30 Sep 4 Sep 22 Aztech 5c b 0.1TE Jul 12 Jul 17 Aug 3 BukitSemb b 20 Sep 4 Sep 7 Sep 15 BukitSemb
      539 words
    • 114 16 Company Description Gul Tech Proposed Bonus Issue on the basis of one for five. Also proposed rights issue of 66,887,576 warrants to subscribe for 66,887,576 new ord shares of $0.20 each in conjunction with a proposed issue of fixed and floating rate notes by the company and/ or
      114 words
    • 1830 17 UNIT TRUSTS FUNDS Jut 29,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global Technology Fd!** 1.451 1.524 UK Blue Chip Fd!** 0.918 0.965 American Opport Fd 1.075 1.130 Continental Euro Eqty Fd!** 1.305 1.371 Japan Eqty Fd!** 1.425 1.497 Asian Fixed income Fd 1.017
      1,830 words
    • 384 17  -  MAS, stock exchange to sniff out doubtful trading practices with advanced monitoring systems in IGNATIUS LOW INVESTORS hoping to make a fast buck on the stock market by manipulating prices may soon need to be quicker than the speed of a microprocessor and smarter
      384 words
    • Article, Illustration
      42 17 ‘lt’s a bad market day, with the Straits Times Index going down 19 points... If market sentiment had been stronger, SMRT could have closed at 65 cents perhaps.’ Mr Herman Phua, head of Asian equities at research house EDEAglobal.com
      42 words
    • 469 17  -  Bu LEONG CHAN TEIK SMRT Corporation had an unimpressive debut on the Singapore Exchange on Wednesday, trading mostly around 64 cents in a market dominated by negative investor sentiment. Most analysts had pegged SMRT’s fair value at around 70 cents but going by the play some wags
      469 words
    • 4632 18 Transaction date: Jul 28,2000 MULTI INDUSTRY 52-Wk Curr Last Vol Day Gr*s Nat M Cap Wt Avg High Low Company Traded Sale ♦orooo High Low Div P/E $mil Price 163 54 118.7 64 26 116 unch 25 116 115 5 14.5 201.3 117 24.5 20.2
      4,632 words
    • 1492 19 BONDS, LOANS WARRANTS Transaction date: Jut 28,2000 52-Wk High Low Company Last Sale ♦orVol '000 Day High Low Last Quote Buyer Seller Wt Avg Price 51.5 16.5 s Acma W*****4 17 unch 95 17.5 17 16.5 17.5 17 38 7 s AIITech W*****7 7 4.5 7.5 7 31 24.5 s
      1,492 words
    • 1104 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Gr*s Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 202 98.5 c AS Auto 10c 110 -2 165 113 110 10 N 44 144.4 113 82 52 c ASJ Hldgs 20c 54 3.8
      1,104 words
    • 671 20  -  The hotel, which will occupy eight floors below the Compass Rose complex, will open in 2002 SIL COLIN TAN A NEW 200-room six-star “hotel within a hotel” will emerge from Singapore’s tallest hotel the Westin Stamford as both landmark hotels at the Raffles City
      671 words
    • 570 20  -  FELIS A BATACAN SO YOU have money to burn and will settle for nothing less than a room in a six-star hotel. You may have to wait awhile as industry experts say there is -no such thing yet. The current highest rating for
      570 words
    • 393 20  -  Bn KOH BOON PIN RETAILERS can forget about huge jumps in sales this quarter, as consumers appear to be holding on tightly to their money. The latest Straits Times Consumer Confidence Index shows that an ovenvhelming majority of those polled said they would not be
      393 words





  • Page 21 Advertisements
    • 934 21 y- < 11l The Straits Times Weekly Edition INnrflvl 1:1: funds MANAGEMENT OUB Optimix Funds Management Limited, a dedicated Singapore unit trust company, jointly owned and managed by the asset management arms of OUB and ING Group would like to invite suitable candidates to apply for the position of: Requirements:
      934 words

  • Page 22 Advertisements
    • 1260 22 NATIONAL LIBRARY BOARD Library Services for The Information Age Since its inauguration on Ist September 1995, the National Library Board (NLB) has transformed library services in Singapore to embrace the Information Age and meet the nation’s evolving informational demands in the new Millennium. NLB’s mission is to “expand the learning
      1,260 words

  • FORUM
    • 363 23 WE THANK Mr Mathialagan M., MrYeh Siang Hui, Mr Ng Teck Wee and Mr Xie Yanming for their letters, “Time to revive debate on NS for women” (ST, July 17), “Make women serve NS too” (ST, July 20), “NS did wonders for me” (ST,
      363 words
    • 225 23 I READ with interest the call by some readers to involve women in national service. Although the points raised are valid, we have not reached the stage in our development where we need to resort to recruiting the fairer sex. As one reader noted, the
      225 words
    • 359 23 THE traditional roles of women as child-bear-ers and primary’ caregivers are vital. But the argument that this is the “national service” of women discounts the equally vital traditional role of men as main providers. Are men then expected to do national
      359 words
    • 97 23 FIRST, your house will be taken back by the authorities if you throw things down from your HDB flat. Now, someone has suggested we seize the cars of drunk drivers. Soon, we all would be living in fear, because each time we do something
      97 words
    • 102 23 IT IS perfectly reasonable to have your house taken back by the authorities if you throw things down from your flat, or to have your car seized if you drink and drive. After all, killer litter and drink-driving are both irresponsible acts that endanger
      102 words
    • 93 23 Although cricket is not very well understood in Singapore, about 30 schools have taken up the game. Unfortunately, no publicity appears to have been given to the lads of Singapore who represented the country 7 in the noble art of cricket at an international competition held in
      93 words

  • 330 24  -  Bu CHONG CHEEKIN A SCHOOLGIRL created history at the National Stadium on Sunday. Yuan Xiao Chun, 13, streaked past a bunch of experienced women runners to take the lead in the Women’s Open category of the Sheares Bridge Run and Army Half Marathon 2000.
    DESMOND FOO  -  330 words
  • 236 24  -  By LEE SU SHYAN CHARTERED Semiconductor Manufacturing chairman Ho Ching has donated close to $500,000 to charity money she received from exercising her stock options. She sold the 40,000 Chartered' shares on the open market at $12.40 apiece and would have pocketed $360,000 in profit
    236 words
  • 383 24  -  The game plan to cut stroke deaths will focus on prevention, management and rehabilitation, with support clubs for survivors *l LIANG HWEE TING SINGAPORE is declaring war on stroke, the third most common cause of death here after cancer and heart disease.
    383 words
  • 52 24 OVER HALFWAY THERE! Most of the tunnelling jobs and three-quarters of construction work for the North-East MRT line has been completed. The 20-km line will link Punggol to the World Trade Centre, and will be operational in 2002. It will have 16 stations, including Serangoon (above). SIM
    SIM CHI YIN  -  52 words