The Straits Times : Weekly Overseas Edition, 16 December 2000

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times Weekly Edition Saturday December 16, 2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only Ml\A «72/08/2000
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  • 476 1  -  Three years on, probe into Silk Air crash that killed all 104 on board uncovers no evidence of mechanical failure or suicide By LESLIE KOH TRANSPORT CORRESPONDENT NO EVIDENCE. No proof. No answers. It is just four days to the third anniversary of Singapore’s first
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  • 80 1 The Fullerton Hotel, which was once the General Post Office, opened its doors yesterday. The $4OO-million luxury hotel in Fullerton Square, near Raffles Place, with room rates ranging from $450 to $3,800, is planning an official launch on Dec 31. Despite the building's colonial facade and
    JOHN COSGROVE  -  80 words
  • 304 1 Bernama JOHOR BARU The Johor government has decided to stop buying treated water from Singapore’s Public Utilities Board (PUB) treatment plants operating in Johor from 2003, according to a published report. The Johor Economic and Social Report 2000/2001 said SAJ Holdings had been
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  • Page 1 Advertisements
    • 65 1 Opposition: Don't Write Us Off Opposition politician Chiam See Tong says the PAP may be in for a shock in the next election. The opposition will ‘come up with something”. page 5 Closure Hill Street Food Centre To Go After six reprieves over three years, patrons and foodstall operators will
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  • PRIME
    • SILKAIR MI 185 CRASH REPORT
      • 1055 2  -  Inquiry finds no evidence that MI 185 flight crew were suicidal or wanted to crash the plane hL PHILIP LEE cockpit voice recorder stopped functioning. About six minutes later, at 4.11 pm, the Flight Data Recorder stopped. Everything had been routine in the cockpit as they
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      • 296 2  -  Lim Hong Ling THE American investigators of the Silk Air MI 185 crash have concluded that it is likely to have been caused by “intentional pilot action” on the part of Captain Tsu Way Ming. It disagreed with the finding of the Indonesian National Transportation Safety
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      • 372 2 IN NINE months, between March 1997 and December 1997, Captain Tsu Way Ming made at least three blunders, including pulling out the circuit breaker of the cockpit voice recorder, just before a flight. The result: a demotion and a “letter
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      • 490 3  -  *L KARAMJIT KAUR CAPTAIN Tsu Way Ming owed a stockbroking firm more than $llB,OOO and had been suspended from trading when he died in the Silk Air MI 185 crash. Capt Tsu had lost over $2.25 million in shares trading. But he and his
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      • 374 3  -  *L CHONG CHEE KIN “l AM sorry. I have failed.” This apology from Professor Oetarjo Diran, chief investigator for the Silkair MIIBS crash, was not what the crash victims’ relatives wanted to hear. They had waited for three years. They wanted answers. They did
        AZIZHUSSIN  -  374 words
    • 449 3  -  Taiwan prosecutors investigating the crash add more conditions for lifting ban on their departure GOH SUINOI TAIWAN CORRESPONDENT TAIPEI The three pilots of Singapore Airlines flight SQ 006 will have to remain in Taiwan longer, as prosecutors investigating the crash added more conditions
      AFP  -  449 words
    • 397 3  -  §IL SELINA LUM A LARGE gang of youths brandishing wooden poles and shouting Hokkien vulgarities stunned patients and staff when they barged into the Singapore General Hospital and started searching the accident-and-emergency department. When they failed to find their target, the group of about 20 young
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  • HOME
    • 410 4  -  Bu ALETHEA LIM THE high life a woman led for 17 years has resulted in a one-off maintenance payment of nearly $1 million. The sum is one of the highest given in recent years. The order made by the High Court, in favour of
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    • 74 4 MICHELLE'S BOND WITH KIDS: Lending a hand to promote volunteerism, Bond girl Michelle Yeoh joined some 200 children from various organisations in a Christmas party at the Mandarin Hotel on Wednesday. Employees from the Keppel Group and DBS Bank as well as staff and students from
      JAMES CROUCHER  -  74 words
    • 449 4  -  Patients file more negligence claims; annual payouts triple to s3m, but few end up in court SALMA KHALIK HEALTH CORRESPONDENT MORE patients are slapping law suits on their doctors, charging them with negligence when treatments go wrong. The result: one major medical insurer expects to pay
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    • 380 4  -  Bu LIANG HWEE TING DOCTORS in hospitals and clinics will help to track infectious diseases so that unusual symptoms or new diseases can be caught early and controlled. A network of 300 general practitioners and hospital doctors will keep watch like sentinels
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    • 461 5  -  By IRENE NG POLITICAL CORRESPONDENT HONGKONG THERE is no hurry for Prime Minister Goh Chok Tong to step down and nobody is going to edge him out, said Senior Minister Lee Kuan Yew. Mr Lee was responding to queries from the
      CHEW SENG KIM  -  461 words
    • 664 5  -  Opposition politicians say PAP may be in for a rude shock if the opposition makes a breakthrough *L AHMAD OSMAN OLD and jaded? Do not write us off so soon, say seasoned opposition figures to Prime Minister Goh Chok Tong. Mr Goh had surveyed the
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    • 427 5  -  BRAEMA MATHI COMMUNITY CORRESPONDENT NURSING homes, hospices and community hospitals can take in people with Aids, and get the same subsidies for these patients as they do for others under their nursing care. This announcement from the Health Ministry helps clear the
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    • 504 6  -  In lively three-hour forum, members of the public query proposals thrown up by two focus groups studying land use here Bu SITIANDRIANIE IT WAS a discussion on the grand plan for Singapore’s land use but the issue of golf courses once again stole the limelight.
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    • 372 6  -  sa. NEO HUIMIN LAST year, the National Parks Board (NParks) spent $27-7 million to maintain the 42 public parks on the mainland plus the Pulau Übin recreation area. Currently, parks take up 2,500 ha of land, the equivalent of 4V2 Ang Mo Kio new
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    • 78 6 it was a blue Monday for the operators of these stalls. Heavy rains in the afternoon caused floods at the pedestrian mall in Trengganu Street and kept customers away. Shopkeepers had their hands full trying in vain to keep the water from invading their premises. Other parts of
      CHEW SENG KIM  -  78 words
    • 272 6  -  SALMA KHALIK HEALTH CORRESPONDENT SINGAPORE will have its first biotechnology plant in two years’ time, bringing the country one step nearer to its goal of setting up a thriving life-sciences industry. A biotech plant has to be more sterile than normal drug-manufacturing plants as
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    • 300 6  -  »2. AHMAD OSMAN MALAY MPs have come up with a new plan to put Malays on the right side of the digital and income divide in the new knowledge-based economy. The blueprint to speed up Malay progress in the
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    • BABY BONANZA
      • 1267 7 In Finland, Sweden and Denmark, nine in 10 women become mothers and push the pram up the career ladder. What is it that accounts for their high bedroom and boardroom productivity? SUSAN LONG, who visited these countries recently, finds out. WOMEN there do not
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      • 488 7 “YES please”, to longer maternity leave and bigger child-care subsidies but a resonant “No” to higher taxes. This was the gist of the flurry of readers’ responses to The Straits Times’ Baby Bonanza series on Nordic fertility trends, which were published over the past three
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    • 591 8  -  After six reprieves over three years, the 41 remaining operators there must wind up by Dec 31 By DAWN WONG THIS time, it is official. Hill Street Food Centre will close come Dec 31. Patrons and foodstall operators there will really say goodbye to
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  • Page 8 Miscellaneous
    • 1061 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word
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  • SPORTS
    • 518 9 He hopes to better his record in this year’s MR2S ultramarathon on Dec 31 at Macßitchie Reservoir ATHLETICS IMAGINE running round the National Stadium track more than 300 times. Or jogging non-stop for 12 straight hours. Marathoner Khoo Chin Poo did both in
      JAMES HODSOX  -  518 words
    • 165 9 X-GAMES WAKEBOARDER Roger Koa, Singapore’s best hope for a medal at the Asian X-Games qualifiers, crashed out at the semi-final stage last Saturday in Phuket, Thailand. The 29-year-old took a risk with a difficult trick at the end of his run and splashed
      ALLSPORT  -  165 words
    • 375 9  -  TABLE TENNIS Bi, CHAN TSE CHUEEN NOW that she has earned the rights to the ITTF Pro-Tour Grand Finals in Japan next January, Li Jiawei wants to make amends. The 19-year-old Singaporean, who has been struggling with her form in the last few' months,
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  • MALAYSIA
    • 315 10  -  CUCKDOWN ON TRAFFK-fME DEFAULTERS By REME AHMAD IN KUALA LUMPUR MALAYSIAN police on Monday arrested 1,226 people nationwide for not paying their traffic fines, at the start of a drive to collect RMSOO million (Ss23o million) from about 256,000 cases. From late morning to 5 pm,
      NEW STRAITS TIMES  -  315 words
    • 256 10  -  JOCELINE TAN IN KUALA LUMPUR PRIME Minister Mahathir Mohamad on Monday apologised in Parliament to the Malaysian Chinese, saying that his recent criticism that upset the community was only directed at a pressure group. He said that his comments were meant solely for the
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    • 294 10 New Straits Times JOHOR BARU In a bid to lure back skilled Malaysian workers employed in Singapore, Johor may allow them tax exemptions and extend permanent resident status to their spouses and children, who are currently categorised as non-Malaysians. State Industrial Development, Entrepreneurs,
      New Straits Times  -  294 words
    • 417 10 A state economic report says Singaporeans made up 94 per cent of all visitors last year Bernama JOHOR BARU Singaporeans spent a whopping RM6.28 billion (552.9 billion) in Johor last year, which is more than double the amount spent in 1998, according to
      Bernama  -  417 words

  • SOUTH-EAST ASIA
    • 404 11  -  It is concerned over govt’s failure to divest its interest in two banks and slow pace of decentralisation ROBERT GO STRAITS TIMES INDONESIA BUREAU JAKARTA THE International Monetary Fund (IMF) has withheld a US$4OO million (***** million) payment to Indonesia, concerned over the government’s
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    • 206 11  -  JAMES EAST IN VIENTIANE, LAOS IT TOOK three years, but relations between Asean and the European Union have finally been jumpstarted after both sides thrashed out how to deal with the thorny issue of Myanmar. Despite the absence of any foreign minister from the EU
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    • 118 11 RESETTLEMENT NIGHTMARE Abdul Hamad (above) was living the Indonesian dream when he signed up for a government relocation programme and left his crowded family home on Sulawesi island 12 years ago in search of a better life. He and his young wife were shipped to Irian Jaya. They
      AP  -  118 words
    • 347 11  -  By JAMES EAST IN VIENTIANE, LAOS THE Indonesian government set out to “heal the wounds” and rebuild its strained relationship with Singapore by saying it would re-issue an invitation to Senior Minister Lee Kuan Yew to attend a meeting of international advisers to President Abdurrahman
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    • 350 11  -  ARTURO BARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA A star witness at President Joseph Estrada’s impeachment trial on Wednesday alleged that the embattled leader controlled a nationwide illegal gambling racket and earned millions of pesos. Mr Luis Singson, governor of the northern Ilocos Sur province, claimed that
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  • COMMENT
    • 566 12 SATURDAY DECEMBER 9,2000 TOWN councils occupy a somewhat nebulous position in Singapore’s administrative landscape, to go by a sampling of heartlanders’ comments. They took over from the Housing Board municipal functions, the intention being to promote local-area empowerment and more efficient delivery of essential services. Not
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    • 587 12 MONDAY DECEMBER 11,2000 SOUTH-EAST Asian economies are not doing well. That is a stark fact that regional governments ought to face squarely. There is no use trying to sweep it under the carpet, or minimise the warning signs. Investors cannot be fooled. The 85 million people
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    • 1056 12  -  SATURDAY WITH CHUA LEE HOONG GOLF has never been so much in the limelight as in recent weeks and for all the wrong reasons. The debate rages over how many golf courses there should be in Singapore. Are there too many? Should some
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    • 922 13  -  MY VIEW By JASON LEOW IN THE not-too-historic past when The Straits Times was still old economy, reporters worked on Personal Computers chunky boxes containing intricate microchips, that sat immobile on our desks. Recently, our tireless PCs mine was christened Jasmine were ripped off
      NOEL ROSALES  -  922 words
    • 816 13 IN THE 1980 s, tobacco giants faced mounting legal challenges ana rising public opinion against smoking in America and Western Europe. So they hatched a plan for Asia, including Singapore, and began to recruit Asian researchers and policy-makers for their cause. CHUA
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  • INSIGHT
    • 1482 14 The merger and acquisition wave has hit Chinese clan associations in Singapore. They are cosying up to one another to stave off undesired demise. LEONG WEN 6 KAM reports on clan mergers in the Chinese community. SEPTEMBER 9, Lorong 29, Geylang. The street of shophouses
      ALAN LIM  -  1,482 words
    • 845 15  -  By Leong Weng Kam Soon, they will be one big family. The many Guo clan associations are set to be the first to merge. THEY are called Quek, Kwek, Kek, Kok, Kuo and Kwok in their different Chinese dialect forms, and Guo in
      ONC WAN SHU  -  845 words
    • 1122 15  -  THINKING ALOUD By CHLALEE HOONG LIFE can be stranger than Ally Mcßeal. Popping into bed last Tuesday night, I picked up a magazine to read, and w r as soon engrossed in a story 7 about an Oxford University college catering to mature students and
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  • MONEY
    • 292 16  - STI crosses 2,000-point level briefly Azhar Khalid THE Singapore bourse ended the week lower as investors fled the market spooked by profit warnings from US computer giants Compaq and Microsoft. The benchmark Straits Times Index (STI) fell 11.98 points over the week to end at 1,948.18. Monday: A wave of
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    • 2360 16 Company Date ann Net earn TY LY (Sm) <$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 0.537 0.517 0.54 0.63 Acma Sep 29 1 4.088 6.114 2.40 3.70
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    • 189 16 BONUS ISSUE ExBooks Acc Company Ratio date close Paymt Allied one-for-two Dec 20 Dec 26 NA NoelGifts one-for-two Jan 8 Jan 11 NA Strike one-for-one Dec 6 Dec 11 NA RIGHTS ISSUE ExBooks Acc Company Ratio date close Paymt China Motion one-for-four Dec 13 Dec 18 NA OTHERS
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    • 246 16 Company Place Date Time Sunright A The Pan Pacific Hotel Ocean 7 Level 2 7 Raffles Boulevard Marina Square S’pore (*****5) Jan 12 10.30am Hong Leong E Asia 61st Floor Board Room 9 Raffles Place S'pore (*****9) Dec 30 10.30am Datapulse A E The Pan Pacific Hotel Ocean
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    • 74 16 Straits Times lidex The Straits Times Index fell 11.98 points on the week to 1,948.18 points DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday BT-SRI Index 2004.29(+44.13) 1983.7K-20.58) 2013.66 (+29.95) 1980.54 (-33.12) 1948.18 (-32.36) 311.2m ($669.1m) 333.5m ($566.0m) 377.6m ($775.1m) 324.7m ($652.8m) 241.6m ($510.8m) The BT-SRI Index
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    • 561 16 Payment (cts) Ex date Books close Pay date Allied ComplOc b 0.2 Dec 20 Dec 26 Jan 10 Asia Power US5c F US0.29TEDec 26 Jan 2 Jan 10 AP Breweries F 9N Feb 28 Mar 5 Mar 16 Avimo 20c F 43 Mar 15 Mar 20 Mar 28
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    • 163 16 Company Description Spore The company announced that Reinsurance SGX had given in-principle approval for the proposed sub-division of each existing ordinary share of S1.00 each into 5 ordinary shares of $0.20 each. Allied Comp Proposed Bonus Issue of Intnl Ltd 113,912,510 new ord shares of par value $0.10
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    • 2401 17 UNIT TRUSTS FUNDS Dec 16,2000 Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global MNCFd 0.854 0.897 Global Technology Fd!** 1.006 1.057 UK Blue Chip Fd!** 0.846 0.889 American Opport Fd 0.948 0.996 Continental Euro Eqty Fd!** 1.151 1.210 Japan Eqty Fd!** 1.285 1.350 Asian
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    • 179 17 Foreign Currency Note Rates (9am, Dec 15) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9380 0.9560 Canadian dollar 1.1330 1.1570 NZ dollar 0.7330 0.7490 Sterling pound 2.5460 2.5730 US dollar 1.7310 1.7430 Singapore dollars to 100 units of foreign currency Austrian schilling 11.15
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    • 760 17  -  Letter sent to 15,000 SMEs could be seen as containing a 'threat’ not allowed by law Bit FELISABATACAN AN ANTI-PIRACY organisation once chastised by a judge in Singapore for being too aggressive may have laid itself open to lawsuits with a controversial survey. The
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    • 219 17 THE pendulum swung the other way for watch retailer The Hour Glass in its firsthalf results. It clocked up a net profit of $8.7 million against a loss of $7-5 million previously. However, the reversal of fortune was due mostly to an exceptional
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    • 5043 18 Transaction date: Dec 15,2000 MULTI INDUSTRY 52-Wk Curr Last High Low Company Traded Sale ♦orVol '000 Day High Low Gr's Div Net M Cap P/E $mil Wt Avg Price 163 75 me AcmaSOc 78.5 unch 6 78.5 78 5 9.8 136.2 79 50.5 14 c
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    • 1281 19 BONDS, LOANS WARRANTS Transaction date: Dec 15 r 2000 52-Wk High Low Company Last Sale ♦orYol OOO Day High Low Last Ouote Buyer Seller Wt Avg Price 51.5 3 s Acma W*****4 3 -0.5 2 3 3 3 5 4 27 2.5 s AIITech W*****7 3 4 3 31 18
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    • 1105 19 52-Wh High Low Curr Last Company Traded Sale ♦orVol •ooo Day High Low Gr’s Div Net P/E M Cap Smil Wt Avg Price MANUFACTURING 200 72.5 C AS Auto 10c 83 -4 340 87 82.5 10 N 33.2 109 89 82 30 c ASJ Hldgs 20c 51 3.8
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    • 313 20 Bloomberg News CREATIVE Technology’s Soundßlaster soundcards sit in six out of 10 personal computers (PCs) where users buy such devices to power the audio on their PCs. These days, though, that may not be such a good thing. Worries of slowing PC
      Bloomberg News  -  313 words
    • 405 20  -  By By DENESH DIVYANATHAN TECHNOLOGY REPORTER THE seeming lack of interest from foreign telecom companies for its upcoming thirdgeneration licences (3G) auction is giving the chaps over at the Infocomm Development Authority of Singapore (IDA) sleepless nights. So much so that
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    • 584 20  -  Fund managers likelv to move from govt-linked companies and those with tightly-hela shares IGNATIUS LOW FINANCE CORRESPONDENT FUND managers with hundreds of billions of dollars at their disposal may reduce their shareholdings in companies held tightly by governments or other entities around the
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    • 321 20  -  in LOH CHENYI A KEY US lobby group has reportedly called for important changes to the terms of an historic free trade agreement (FTA) being negotiated between Singapore and the US. The US National Association of Manufacturers has lobbied for provisions to protect
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  • Page 19 Advertisements
    • 33 19 VEHICLES The Straits Times Classified. Classifications 302 393. CATS. Buy It. Sell It. Find It. TRAVEL GUIDE The Straits Times Classified. Classifications 573 587. &3 o CATS. Buy It. Sell It. Find It.
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  • Page 21 Advertisements
    • 1066 21 The Straits Times Weekly Edition APPOINTMENTS JOIN THE TEAM IN SHAPING A TROPICAL CITY OF EXCELLENCE The Urban Redevelopment Authority (URA) is the national planning authority with a commitment to making Singapore a tropical city of excellence. To realise our vision, we need a team of highly motivated and talented
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  • Page 22 Advertisements
    • 1257 22 > A burning desire to serve is your best reason to be here There is that special something about our people. You can sense the light in their hearts which snows thei nj care, ft can be seen in that drive for growth ana excellence. It is in that pride
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  • FORUM
    • 550 23 AT THE first public forum held on the Concept Plan last Friday, we witnessed, once again, public concern over development plans in the Bras Basah area. Points of contention included the siting of the Singapore Management University (SMU) campus building at Bras
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    • 312 23 I REFER to the article, “Parks worth every 7 cent and inch” (see page 6), which touched on the recent debate over land set aside for public parks and for golf courses. Parks and golf courses cannot be compared. Golf courses are meant for exclusive use,
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    • 363 23 I READ with interest the article, “No candidates? Its more to do with PAP*’ (ST Weekly, Dec 9) The writer attributes the paucity' of candidates joining the PAP to causes such as the lack of transparency, mixed signals and depoliticisation of Singaporeans.
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    • 293 23 I REFER to the article, “Assault horror at hospital" (see page 3). At first glance, it appeared to have taken place in an under-developed country, where the sight of roving mobs attacking their victim may be common. But it happened right here in Singapore.
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  • 416 24  -  This represents the largest-ever manufacturing investment here and is a coup for the Republic Bij DENESH DIVYANATHAN TECHNOLOGY REPORTER THE world's second-biggest maker of computer chips is to set up a US$3.6 billion (556.2 billion) plant here the largest-ever manufacturing investment in Singapore. The
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  • 231 24 INUKA, the world’s only polar bear born and bred in the tropics, is turning 10 and celebrating his birthday at the Singapore Zoo tomorrow. Looking at his 450-kg bulk now, you would never believe he weighed a mere 500 g when
    ALAN LIM  -  231 words
  • 213 24  -  S!L K.C. VIJAYAN A TECHNICIAN caught in a chemical-plant explosion in Jurong Island last Saturday died on Wednesday. Mr Muhammad Afiyah Kamal, 23, who had more than 60-per-cent burns, succumbed to his injuries at about 11 am, the Singapore General Hospital said
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  • Page 24 Advertisements
    • 34 24 Call Singapore US$O.O4/min* VISIT voizfone.mediaring.com for more information mm A < 4 is* f. ■m StartDialling mediaring.com Promotional price for fixed line Voizfone is a web-based PC to Phone service brought to you by mediaring.com
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