The Straits Times : Weekly Overseas Edition, 23 September 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday September 23, 2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITAW2^B/20UO
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  • 698 1  -  The board will (jive another four offenders and their families six months to move out of their flats «1L SITIANDRIAME THE Housing Board will take back the flat of one killer-litter offender immediately. It will give another four offenders and their families six months
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  • 64 1 TOPS AGAINST THE ODDS: standing tali at the first NUS commencement ceremony on Tuesday, Miss Chio Li Shin, 21, won three gold medals and two book prizes. But what makes the top arts student’s feat remarkable is this: She suffers from partial blindness because of a
    JAMES CROUCHER  -  64 words
  • Page 1 Advertisements
    • 55 1 ARMY’S FIRST Woman Commanding Officer As the first woman commanding officer of an army combat unit, Major Lim Sok Bee, 36, made history on Monday. pages Celebration Triple Joy For SH Lee He launches second volume of his memoirs, celebrates his 77th birthday, and receives a medal for his efforts
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    • 2 1 *****1 *****6
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  • PRIME
    • 525 2  -  Architects given blank canvases at 27 sites around Singapore to create radical landmarks; a further 11 sites have been set aside as focal points By CINDY LIM IN A bid to give Singapore's city skyline its own distinctive and memorable landmarks, 27
      LIM SIN THAI  -  525 words
    • CYBER CRIMINALS:
      • 310 2  -  KAREN WONG SHE ended their romance. So he tried to make her life hell using her own e-mail account to stalk her and harass her. The spurned lover, Lim Siong Khee, 29, was on Wednesday sentenced to five months' jail for accessing his ex-girlfriend's e-mail account illegally. Lim,
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      • 227 2 AN Internet-sawy drug peddler was nabbed by two equally savvy narcotics officers after three months of chatting on the Web and over the telephone. The 18-year-old polytechnic student was arrested on Wednesday after he sold cannabis to an undercover officer he thought was his “female Internet friend”.
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    • 389 2  -  By KAREN WONG THE judiciary here is the first in the world to launch an online mediation facility, enabling commercial and Internet-relat-ed disputes to be settled via cyberspace, without the need for parties to go to court. This mediation service will be speedy, confidential and
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    • 485 3  -  Challenge to groom a force that is increasingly younger while harnessing the experience of older teachers iIL M. MRMALA NOW that world-class education programmes and facilities have been put in place, building a quality teaching force will be the biggest challenge in the next five
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    • 336 3  -  B]L TRACY QUEK RAFFLES Junior College students had double cause to celebrate on Monday. Not only did they retain their No. 1 position for academic performance in the annual ranking exercise, they also won a value-added award. This is a feat for the JC, which
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    • 186 3  -  SHAHIDA ARIFF aw/ JANE LEE SINGAPORE’S brand-name schools are going beyond academic excellence, to turning out sportsmen and artists. This year’s list of Education Ministry’s awards for schools which excel in arts and sports are full of familiar names. For instance, top
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    • 47 3 Cutting off one's nose (above) to spite one’s face? A take on the United States’ impatience with Iraq’s defiance. LIANHE ZAOBAO Asian tigers lose their bite (left) during the financial crisis. This was published in 1998 in the Chinese daily Lianhe Zaobao.
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    • 316 3 LIANHE Zaobao’s freelance cartoonist Heng Kim Song has become the first Asian to clinch the world news cartoon award at the prestigious International Political Satire Festival in Italy. Mr Heng, who contributes regularly to the Chinese language daily and to foreign newspapers
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    • 256 3  -  AHMAD OSMAN GEARING up for the new knowledge-based economy is an urgent task for the Malay community which has a high proportion of low-skilled workers. And if a significant number cannot face the challenges and feel left out and demoralised, a rich-poor divide coinciding with an
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  • HOME
    • 437 4  -  Those chosen for the gifted education programme can decide on their degree course at the end of the first year Bit SANDRA DAVIE THE National University of Singapore will start its own gifted education programme next July with 300 handpicked undergraduates. They do
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    • 383 4  -  *L TRACYQCEK THEY were carefree teenagers when they were students in the *****. Since then, most of them have acquired work and family commitments. So going back to school was a big challenge for them. Despite that, the pioneering
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    • 487 4  -  Bu SANDRA DAVIE THERE was no magnifying glass around when Miss Chio Li Shin made her valedictory speech on Tuesday. Miss Chio, who beat more than 1,400 others to graduate as the top student in the faculty of arts and social sciences at the
      JAMES CROUCHER  -  487 words
    • 248 4  -  *2. ALETHEA LIM A WIDOW who sued a drinkdriving motorist for causing her husband’s death in a road accident won her case on Tuesday. The High Court found the motorist, Lee Chin Ngee, 38, a catering manager, responsible for last year’s accident. Justice G.P.
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    • 462 5  -  Auditor-General's report uncovers slb in payments by Mindef not reported properly, and wrong valuations of land, among other account irregularities §!L YAP CHUIN WEI MORE than $1 billion worth of payments were not reported by the Defence Ministry to the Au-ditor-General. The
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    • 165 5 THE Auditor-General in his report for the financial year 1999/2000 uncovered lapses by government ministries, departments, some statutory bodies and government-linked companies. They include: Over-payment of child-care subsidies The Ministry of Community Development and Sports over-paid subsidies to the tune of $l,BOO in two cases. One involved a
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    • 593 5  - Army’s 1st a woman commanding officer CHAN KAY MIN AS THE first woman commanding officer (CO) of an army combat unit, Major Lim Sok Bee, 36, made history on Monday. The new CO of the 21st Battalion, Singapore Artillery will be responsible for leading 300 recruits and soldiers and turning
      CEORCE GASCON  -  593 words
    • 394 6 Online bookstores are chalking up big sales on the second volume of Mr Lee's memoirs. Some say it has sold better than the latest Harry Potter release ONLINE bookstores are riding high on a memoirs wave, chalking up big sales with special deals for
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    • 205 6 HE HAS spoken on radio and television, appeared in countless newspapers, even written his own books. Now, Senior Minister Lee Kuan Yew will venture into a new medium by answering questions live on the Internet. He has accepted The Straits Times' invitation to an hour-long
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    • 452 6  -  By CHUA MUIHOONG ASSISTANT NEWS EDITOR IT WAS a triple celebration for Senior Minister Lee Kuan Yew last Saturday, as he launched the second volume of his memoirs, celebrated his 77th birthday, and received the first global integrity medal for his efforts in
      GEORGE GASCON  -  452 words
    • 535 6  -  ii KAREN WONG A JUDGE in the Juvenile Court on Tuesday blasted the mother of the four girls who ganged up with three youths and tortured a 14-year-old girl for more than two weeks. The 42-year-old woman was a karaoke lounge waitress at the
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    • 449 7  -  A warrant of arrest was issued after he failed to show up for the mention of his court case last Friday Eil KAREN WONG A WARRANT of arrest is out for Peter Tham Wing Fai, former director of now-defunct Pan-Electric Industries, after he failed
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    • 488 7  -  By LIANG HWEE TING EIGHT of Singapore’s youngest Aids patients will be able to get the treatment they need if a fund-raising effort by the KK Women’s and Children’s Hospital (KKH) takes off. The hospital, which is currently caring for eight children who
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    • 294 7  -  Eil CHONG CHEE KIN ABOUT 300 residents at a condominium block in Lorong Chuan had their water supply cut off for several hours last Friday after the management council discovered that a tank was contaminated. Mr Gregory Tan, a Chuan Park condominium resident and the
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    • 422 7 SPEAK-MANDARIN CAMPAIGN ONE of his greatest regrets in life was that he did not study the Chinese language seriously when he was young and ended up failing his Primary 6 examination for the subject. That confession came from National Development Minister Mah Bow Tan
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    • 932 8 Potong Pasir has long resisted the lure of the riding People’s Action Party, remainingin opposition hands for 16 years. LAUREL TEO catches up with the opposition and PAP men in the ward. THE acronym PAP must spell Patience And Persistence for the People’s Action Party
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  • Page 8 Miscellaneous
    • 1062 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
    • 654 9 She beat Romania's Miheala Joana to earn herself a place in the singles semi-finals and a chance for a medal JING Junhong was a sight to behold yesterday, hands raised in victory, face flushed with joy. After beating Romania’s Miheala Joana Steff 22-20,
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    • 391 9 ONE bad race will not make swimmer Leslie Kwok throw in the towel even if it happened at the Olympics after months of preparations. The 50-metre freestyle specialist, a South-east Asia Games bronze medallist, clocked 24sec yesterday on his Olympic debut to finish joint-fifth in
      ALBERT SIVI  -  391 words
    • 345 9 HOURS after she finished second to last at the Olympic Games, shooter Shirley Ng has this to say: “I want to say this to the rest of the younger girls who are training back home, they should not be discouraged by what I went through.
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  • MALAYSIA
    • 717 10  -  Hoping to reduce politicking and the possibility of money politics, the Malay party aims to hold the election of all office bearers in the same year WAN HAMIDI HAMID IN KUALA LUMPUR UMNO is aiming to streamline its election process by the year 2003, when it expects
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    • 266 10  -  ALFRED LEE IN LONDON BRITAIN’S Social Services Department has discouraged maths prodigy Sufiah Yusof, 15, from joining her family on a holiday in France, said her father. The vacation was to have been a “bridge-building” period, aimed at reconciliation
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    • 562 10  -  LESLIE LAU IN SEMPORNA (SABAH) SABAH Some people have called the waters around Sipadan Island the most beautiful dive spot in the world. And they would not be wrong. But recent tourist kidnappings have shown that beyond the sandy beaches, colourful coral reefs and crystal-clear waters
      AP  -  562 words
    • 355 10  -  By LESLIE LAU IN KUALA LUMPUR MALAYSIA will treat Filipinos escaping the Philippine military assault on Abu Sayyaf rebels as war refugees as it braces itself for an influx of people fleeing into Sabah. Prime Minister Datuk Seri Dr Mahathir Mohamad said on
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  • SOUTH-EAST ASIA
    • 273 11  -  He dismisses a second senior general as his government raises the ante to try and solve the growing violence DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU JAKARTA President Abdurrahman Wahid on Wednesday dismissed a second senior general as his government raised the ante to try
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    • 140 11  -  By DEVI ASMARAM STRAITS TIMES INDONESIA BUREAU JAKARTA President Abdurrahman Wahid sacked National Police chief General Rusdihardjo on Monday, after police failed to arrest the youngest son of former president Suharto whom the Indonesian leader suggested could have been behind the recent spate of bombings in the
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    • 393 11  -  By DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU JAKARTA The Indonesian military, under pressure to rein in pro-Jakarta militias in West Timor, said it would start disarming them in a four-day operation starting yesterday. With the threat of losing foreign aid hovering in
      REUTERS  -  393 words
    • 299 11  -  LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA Forced to flee by a week-long relentless military assault, the Abu Sayyaf kidnap gang has paraded its priced hostage an American in a bid to have the operation against it halted. Obviously coached, 24-year-old Jeffrey Schilling urged the Philippine
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    • 311 11  -  By LUZ BAGUIORO PHILIPPINES CORRESPONDENT MANILA Two French journalists held by Abu Sayyaf rebels since July escaped under cover of darkness late on Tuesday as the authorities here predicted confidently an imminent end to the five-month-old hostage crisis. Cameraman Jean- Jacques Le
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  • COMMENT
    • 616 12 MONDAY SEPTEMBER 18,2000 THE motor-insurance business has been hauled over the coals in recent weeks by a furious motoring public for sharp practices. Insurers cannot complain of unjust criticism, bar the truism that too many consumers are not mindful of the caveat emptor principle in business. To
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    • 590 12 TUESDAY SEPTEMBER 19,2000 FOR five months, Philippine President Joseph Estrada kept faith with the negotiating option in seeking to end the hostage stalemate in the southern island of Jolo. It was a delicate judgment, based presumably on the belief that millions paid by the Libyan government
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    • 809 12  -  SECOND LAST WORD By ALAN JOHN KANDANG Kerbau Women’s and Children’s Hospital is seeking help to give a small and growing group of special children a better life. It wants to raise $150,000 for children with HIV and Aids. It has eight child patients infected with
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    • 980 13  -  MY VIEW By SANDRA DAVIE THIS may come as a surprise to some people who think the worst of journalists, but my conscience is nagging me. Three weeks ago, I wrote a Page 1 story about 23-year-old Surachita Mishra, who made
      LUDWIG ILIO  -  980 words
    • 605 13  -  SPOTLIGHT By SARA VINCENT Last year, Singapore’s 614 travel agents closed an average of just 10 sales a day. With intense competition, profit margins are sometimes as low as $5. As more consumers book online or go direct to the airlines, what
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  • INSIGHT
    • 1977 14 Singaporeans have seen the future through the Urban Redevelopment Authority’s crystal ball 5.5 million people on a tiny isle and a land shortage 0f4,000 ha. Are these figures cast in stone? Where can you find living space equal to six Ang Mo Kio new towns? And
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    • 349 14 THE public sector has been cutting back on land use in several ways. Here are some examples: 60 UNDERGROUND THE Defence Ministry is building an underground ammunition store in a disused quarry in Mandai. To be completed by 2003, it will save more than 300 ha
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    • 1314 15  -  THINKING ALOUD By HAN FOOK KWANG IF YOU think Singaporeans should worry about whether the Government is listening to what they say, think again. The bigger worry might be on the Government's side, about whether people are listening to or reading what it
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  • MONEY
    • 331 16  - Benchmark STI falls below 2 ,000 level Azhar Khalid THE Singapore market suffered another week of falls over concerns on rising oil prices and profit warnings by US technology companies. The Straits Times Index (STI) fell below the key 2,000 level after losing a whopping 120.7 points over the week
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    • 74 16 Straits Tines Index The Straits Times Index fell 120.7 points on the week to 1932.99 DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday IT-SII Index 2016.26(-37.43) 2014.42(-1.84) 2006.59 7.83) 1988.81 (-17.78) 1932.99 (-55.82) 196.9m ($490.2m) 224.6m ($589.6m) 166.0m ($468.2m) 179.0m ($406.8m) 264.9m ($661.2m) The BT-SRI Index lost
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    • 2346 16 Company Date ann Net earn TY LY <$m> <$m) EPS TY LY <cts) (cts) ASTI Sep 05 1 6.182 2.476 4.69 2.39 ABR Hldgs Sep 19 1 2.343 0.491 1.21 0.26 ACE Dynamics Sep 05 1 0.S37 0.517 0.54 0.63 Asiapower Sep 21 P 7.360 5.200 2.39 2.18
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    • 112 16 BONUS issue ExBooks Acc Company Ratio date dose Paymt Roly one-for-two Oct 17 Oct 20 NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt OTHERS ExBooks Acc Company Ratio date dose Paymt Lee Redemption of Oct 3 Oct 16 Kim Tah $40,118,500 4.5% Unsecured Loan Stock due
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    • 344 16 Company Place Date Time San Teh E 701 Sim Drive #06-01 LHK Building S’pore (*****3) Oct 5 3.00pm F&N E Level 2 Alexandra Pt 438 Alexandra Rd S’pore (*****8) Oct 4 10.00am CK Tang A Belimbing Room Marriott Hotel Level 2 320 Orchard Rd S'pore (*****5) Sep 30
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    • 756 16 Payment Ex Books Pay tcts) date close date Alexandra 50c b 1.50 Sep 22 Sep 27 Oct 6 AS Auto 10c b 1TE Oct 5 Oct 10 Oct 20 Amtek Enqrg 20c F 0.8TE Nov 30 Dec 5 Dec 14 Auric 50c i 2 Oct 9 Oct 12
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    • 103 16 Company Description New Toyo Proposed isssue of 17,500,000 Redeemable Convertible Preference Shares of $0.01 each to be issued at a subscription price of $0.60 in cash for each RCPS. Each investors shall subscribe in cash for 4,375,000 RCPS. The issue upon conversion, will be convertible into new ordinary
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    • 1914 17 UNIT TRUSTS FUNDS Sep 23, 2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global MNC Pd 0.912 0.959 Global Technology Fd!** 1.449 1.523 UK Blue Chip Fd!** 0.827 0.869 American Opport Fd 1.083 1.138 Continental Euro Eqty Fd!** 1.148 1.206 Japan Eqty Fd!** 1.468
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    • 487 17  -  Iras will impose a 10% fine on those who evaded taxes unwittingly, instead of the previous 100% penalty i LEE SU SHY AN CONFESS your wrong-doings and the taxman will look more kindly on you. This is the message the Inland Revenue Authority of Singapore
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    • 386 17  -  By EDNA KOH FINANCE REPORTER DBS BANK, Singapore’s biggest lender, has cut homeloan rates in a move to defend its market share even as it says the mortgage war was “harmful” to the market. With the cuts, its offering is the most attractive of
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    • 153 17 Foreign Currency Note Rates (9am, Sep 22) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9450 0.9580 Canadian dollar 1.1620 1.1870 NZ dollar 0.7080 0.7230 Sterling pound 2.4970 2.5230 US dollar 1.7410 1.7520 Singapore dollars to 100 units of foreign currency Austrian schilling 10.80
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    • 360 17 Reuters A HOTLY contested US$6 billion (5510.3 billion) US Army tender, in which Singapore’s ST Engineering is participating, may be split into three parts, sources close to the tender said on Monday. ‘There is talk in the market that the order may
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    • 5212 18 Transaction date: Sep 22, 2000 MULTI INDUSTRY 52-Wk Curr Last Hiqh Low Company Traded Sale ♦orVol 'OOO Day i Hiqh Low Gris Net M Cap Div P/E $mil Wt Avq Price 163 77.5 m c Acma 50c 78.5 -5 360 83 77.5 5 9.8 136.2
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    • 1479 19 BONDS, LOANS WARRANTS Transaction date: Sep 22, 2000 52-Wk High Low Company Last Sale ♦orVol ooo Day High Low Last Ouote Buyer Seller Wt Avg Price 51.5 6 s Acma W*****4 ....6.5 unch 173 7 6 6.5 7 7 38 2.5 s AIITech W*****7 ....3.5 -0.5 49 3.5 2.5 2.5
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    • 1197 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol '000 Day High Low Gr’s Div Net P/E M Cap Wt Avg $mil Price MANUFACTURING 200 94 c AS Auto 10c 94.5 cd -4.5 442 99 94 10 N 37.8 124.1 99 82 45 c ASJ Hldgs 20c 45
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    • 487 20  -  Record non-oil exports and other key indicators prompts predictions of double-digit economic growth By By NARENDRA AGGARWAL SINGAPORE’S non-oil exports shot up a whopping 27.3 per cent in August compared to last year, taking the month’s exports to a record $10.7 billion. The phenomenal growth in
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    • 223 20  -  JTC EARMARKS LAND By COLIN TAN PROPERTY CORRESPONDENT JURONG Town Corporation (JTC) has earmarked 35 ha of land in Tampines South for the advanced-electronic-displays sector which could attract tens of billions of dollars’ worth of high-tech investments to Singapore. The site is large enough
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    • 445 20  -  By IGNATIUS LOW IN ZURICH and EDNA KOH IN SINGAPORE RABOBANK, the Netherland’s third-largest financial group, plans to use Singapore increasingly as a base for expanding operations in Asia. The bank said on Wednesday that in the pipeline are plans to expand its
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    • 399 20  -  By EDNAKOH FINANCE REPORTER LOCAL banks will be given more leeway to manage the amount of equity capital set aside against lending a move which should help improve their bottom lines if they were not already so over-capitalised. As it turns out, analysts are
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  • Page 19 Advertisements
    • 32 19 VEHICLES The Straits Times Classified. Classifications 302 393. CATS. Buy It. Sell It. Find It. TRAVEL GUIDE The Straits Times Classified. CAT S Classifications 573 587. Buy It. Sell It. Find It.
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  • Page 21 Advertisements
    • 1079 21 H Zy J The Straits Times Weekly Edition ASSISTANT MANAGERS/ EXECUTIVES, PRODUCTION OPERATIONS Singapore w Press HP Holdings We are expanding our printing facilities and need more highly motivated and achievement-oriented people to join our management team in our $305 million production plant at Print Centre to manage the production
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  • Page 22 Advertisements
    • 1222 22 a. “trendsetter, a. leader, a. eapftal. (Artfold Sirjapore to tUe eWorld. Singapore is fast emerging as a world-class tourist destination, a premier tourism business centre and a key tourism hub. Endeavouring to be a trend-setter, leader and capital in the tourism industry, Singapore has woven together its arts and entertainment,
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  • FORUM
    • 454 23 OVER the past two weeks, there has been considerable debate over adventure sports in the Forum pages of The Straits Times (“Sports bodies must take risks Sept 2; “Struggle to find sponsors for unusual sports”, Sept 6; “Adventure sports: Seek backing, then government funding”
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    • 455 23 IT SEEMS that the PAP intends to win its electoral battle again by enticing voters with promises of HDB upgrading and other similar financial incentives (“Potong Pasir set for a tussle”.). It is only fair, the PAP says, to reward those who support the party.
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    • 347 23 I REFER to the letter by Mr Hussin Mutalib (“Allow speakers to have their say”; ST Weekly, Sept 16). In his letter, he said that I should be “magnanimous”, instead of “lecturing other people” at the Speakers’ Corner. A few lines later, he exhorted his
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    • 268 23 NTUC Income has been active in recruiting older workers for many years. Our experience has been generally positive. Last year, we recruited 80 workers older than 40. About 40 per cent were placed in office jobs and the remaining 60 per cent in
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    • 198 23 THERE has been much debate about employing older workers, with emphasis on the plus points. But the demerits of employing older workers have been sidelined. When an entrepreneur establishes his business, he would hire younger workers for various reasons: The physical condition older workers tend to
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  • 448 24  -  As household sizes shrink, it's only logical to build smaller flats and save space for other uses, says minister Bit LYDIA LIM AS FAMILY size shrinks here, Singaporeans may have to brace themselves for smaller homes as well. But selling this idea will
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  • 361 24  -  By. KRISTBOO RAISE a record $1 million for charity and do this by holding the world’s biggest Duck Race. These are the twin aims of the organisers of the Singapore River charity event on Nov 12. The day’s top attraction will be 100,000 rubber ducks floating
    GEORGE GASCON  -  361 words
  • 322 24  -  CHEE I ANN PERNG HOUSEHOLDS and businesses can pick from two or more electricity suppliers come 2003 when power supply will be opened to more players. The Government has awarded Keppel Fels Energy Supply and SembCorp Power licences to operate in the “retail electricity
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