The Straits Times : Weekly Overseas Edition, 23 December 2000

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Total Pages: 23
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times Weekly Edition Saturday December 23, 2000 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/2000
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  • 539 1  -  The three arrive on late Thursday flight, hours after prosecutors probing SQ 006 crash are assured that they will go back if needed GOH SUINOI IN TAIPEI and K.C. VIJAYAN IN SINGAPORE THE three Singapore Airlines pilots held by Taiwanese authorities for more than
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  • 186 1 NURSES at Mount Alvernia Hospital found new uses for surgical gloves, milk bottles, teats and syringes by recycling them as Christmas decorations. They spent hours decking their wards, to bring Christmas cheer to the patients. They were also competing for the title of
    PICTURES: BEN NADARAJAN  -  186 words
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  • PRIME
    • 435 2  -  That’s a senior Indonesian official’ s view after a visit here to meet PM Goh and SM Lee By SUSAN SIM INDONESIA CORRESPONDENT JAKARTA The slight hiccup in bilateral Singapore-Indone-sia ties caused by President Abdurrahman Wahid’s tirade last month appears to have been
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    • 398 2  -  By KOH BOON PIN CONSUMER CORRESPONDENT THE theme of the next Chingay Parade could well be wine and dine. A special red wine, Chateau Grand Jour 1998, will be marketed by the parade’s organiser, a first for the annual event. The organiser, the People’s
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    • 329 2  -  BIL LEONG WENG RAM CHRISTIAN churches in Singapore are forming a study group to look into ethical and other issues related to recent advances in the life sciences. The National Council of Churches in Singapore (NCCS), an umbrella group for the
      TERENCE TAN  -  329 words
    • 388 2  -  Bu AHMAD OSMAN THE Association of Muslim Professionals (AMP) has dropped its controversial proposal of a “collective leadership" for the Malay-Muslim community, which had been rejected by Prime Minister Goh Chok Tong. But it will not take up a suggestion of Mr Goh that
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    • 413 3  -  By CHUA CHIN HON IT WAS supposed to be a celebration to mark the end of a nine-month-long quest. But adventurer Khoo Swee Chiow plans to celebrate the hard work of scaling the Seven Summits were thwarted by bad weather, a faulty
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    • 345 3  -  Two types of exams will be available for acupuncturists who do not meet the standards required for registration in 2002 Bu PAULINE LEONG ACUPUNCTURISTS failing to meet qualifying standards will have to sit for examinations next year if they wish to continue practising in
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    • 302 3  -  *L TRACY OUEK PARENTS who entrust their children to childcare centres and kindergartens can expect the kids to be taught by betterqualified teachers and supervisors soon. From next January, a clear and common path for training and upgrading will be laid out for all
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    • 297 3  -  S!L LI-AW WEE SINGAPORE Airlines stewardess Farzana Abdul Razak was rushed back to hospital in acute pain, barely a day after she was discharged from Singapore General Hospital. The dressing on her arms and legs opened up after she arrived at her
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  • HOME
    • 540 4  -  Half the 100 patients with new kidneys fixed one health problem but came home with hepatitis, and the prospect of liver failure SALMA KHALIK HEALTH CORRESPONDENT HALF of the Singaporeans who went to China to buy a kidney returned with a deadly disease. That's the
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    • 283 4  -  Si TAY CHENG KHOON IT WAS a sporting Prime Minister Goh Chok Tong at the Seletar Country Club on Sunday for a fund-raising golf tournament. The organisers of the Millennium Charity Golf event, which raised a total of $2.6 million (including a matching grant
      LIM SIN THAI  -  283 words
    • 362 4  -  81/ CHUA CHIN HON MADAM Samsiah Abdullah is quietly hoping for a double celebration next month. She will celebrate her 60th birthday on Jan 18 and hopes her younger son, former Singapore Airlines steward Zaini Jeloni, will be back by her side then. Zaini,
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    • 262 4  -  Bn KARAMJIT KALR A SECOND person has died as a result of an explosion in an Exxon Mobil chemical plant two weeks ago, as another mishap a fire struck the oil company’s refinery on Tuesday. Plant technician Lee Seow Hoon, 21, died last
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    • THIRD ANNIVERSARY OF SILKAIR CRASH
      • 821 5  -  By SHARON VASOO and CHONG CHEE KIN THE notes tagged to the bouquets of flowers said it all. Simple words penned on homemade cards and pieces of paper, which spoke volumes about the anguish and pain that has not diminished since SilkAir flight MI 185
        ONG CHIN KAI  -  821 words
      • 405 5  -  Two teams spent hours sifting through the wreckage and analysing the backgrounds of crew Bu SHARON VASOO INVESTIGATORS spent more than 30,000 hours trying to piece together what caused Silk Air MI 185 to crash on Dec 19, 1997, and kill all 104 people on
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      • 239 5 ONE small controversy that raged in the early days of the Silk Air crash in 1997 has slipped quietly into the background at the release of the final investigation report. A possibly faulty rudder that could have turned the Boeing 737-300 in the
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    • 487 6  -  Experience farm life at 2.2-ha resort in Seletar that houses animals like geese and horses Bit SUZANNE ONG SINGAPOREANS, especially the young ones, now have the chance to get acquainted with the feathery denizens of the countryside like chicks and ducks and geese.
      DARREN SOH  -  487 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
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  • SPORTS
    • 873 7  -  SPORTSPEOPLE Zl CHAN TSE CHEEEN SHE used to hide herself in the toilet after a competition, while hordes of deadline-stressed reporters waited outside. Joscelin Yeo was 11, shy and distinctly uncomfortable under the spotlight. Now, the 21-year-old woman is the bona fide leader of Singapore’s
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    • 444 7 Singapore’s national soccer team plavers are enjoying the sessions under new coach Jan Poulsen SOCCER IT IS still too early to tell, but Singapore’s national soccer team appears to have been rejuvenated by the fun approach in training under new
      GEORGE GASCON  -  444 words
    • 395 7  -  MOTOR RACING By ERNEST LUIS A DEAL of a lifetime. That is what four-time Formula One w'orld champion and team boss Alain Prost is calling it as he offers to put Singapore on the prestigious Formula One map next year. All for just US$2 million (553.46
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  • MALAYSIA
    • 322 8  -  Moves are aimed at paying more attention to some areas, like the increasingly religious Malay ground By BRENDAN PEREIRA M ALAYSIA CORRESPONDENT THE Mahathir administration will undergo an overhaul after Hari Raya Puasa with the setting up of a new ministry and the appointment of
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    • 427 8  -  BY BRENDAN PEREIRA \I ALAYSIA CORRESPONDENT LEGAL history was made on Wednesday in Malaysia when Datuk Ainum Mohd Saaid was named as the next attorneygeneral, making her the first woman to hold the post. The appointment puts an end to months of
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    • 177 8 New Straits Times SECRET TO OLD AGE: KUALA TERENGGANU Mr Omar Abas (above) has just celebrated his 143rd birthday, and his will to live grows stronger as the days go by. He said gardening and regular exercise are the secret of longevity. Armed with a hoe,
      New Straits Times; NEW STRAITS TIMES  -  177 words
    • 423 8  -  By BRENDAN PEREIRA MALAYSIA CORRESPONDENT UMNO Youth has been given the mandate by Prime Minister Mahathir Mohamad to prod a Chinese pressure group into dropping its demands for scrapping of Malay rights. This is part one of the government’s plan to de-escalate
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  • SOUTH-EAST ASIA
    • 534 9  -  NEWS ANALYSIS By DEVI ASMARAM BANDA ACEH Were there a rating system for a presidential mission to a conflict-torn area, President Abdurrahman Wahid’s visit to Aceh on Tuesday would probably have got a borderline pass. It was not a complete failure, but was
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    • 468 9  -  He is at odds with SM Lee’s contention that the monetary authority cannot end currency speculation by commercial banks JAMES EAST STRAITSTIMES THAILAND BUREAU BANGKOK Indonesian President Abdurrahman Wahid said that he disagreed with Senior Minister Lee Kuan Yew over the role
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    • 218 9 THE Government does not exercise any control over currency trading in Singapore, says the Monetary Authority of Singapore (MAS). Currency values are determined by market forces, and the banks which trade them are merely “intermediaries” which allow them to find their natural levels, it
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    • 516 9  -  ARTURO BARIU AD STRAITSTIMES PHILIPPINES BUREAU MANILA The political ordeal gripping impeached President Joseph Estrada has stirred up a nascent ecclesiastical row involving Filipino Catholic bishops and Vatican authorities. The papal embassy to Manila strongly reacted on Tuesday to newspaper reports that Pope John Paul
      AFP  -  516 words

  • COMMENT
    • 581 10 SATURDAY DECEMBER 16,2000 THE inconclusive report of the Silk Air crash investigation, three years in the making, is a thumping disappointment all round. All the burning questions turned up blank. Probably the only certainty now is a fresh round of disputes and theories being floated. The findings provide
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    • 595 10 WEDNESDAY DECEMBER 20,2000 SINGAPORE’S offer of tax concessions to promote the use of low-polluting cars, commonly called “green" cars, is an innovation typically ahead of its time. Just how far ahead will be determined by consumer choice, which in turn depends on cost-effectiveness measures such as
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    • 1041 10  -  SATURDAY With CHUA LEE HOONG EXPAT. Foreigner. The two terms leapt at me once again from the pages of this newspaper. “Expats here not afraid to spend,” proclaimed the headline of a story in Monday’s paper. “Magazine survey of affluent foreigners shows that most of
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    • 1040 11  -  MY VIEW By GEOFFREY PEREIRA CONSUMERS, now is the time to unite to make sure that technology, and the big businesses and institutions that use it, serve you and not the other way around. The time also seems right to take stock of the
      NOEL ROSALES  -  1,040 words
    • 973 11  -  HEART TO HEART With ASAD LATIF WHY do people visit a country on vacation? To see it, I suppose. If that is so, they should think carefully about what “seeing” means. My family and I travelled to the West Coast of the United
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  • CPF newsline A CORPORATE NEWSLETTER OF THE CPF BOARD
    • 345 12 / 13 Enjoy Rebate MediShield Benefits if you apply before Dec 31 Sixty-five-year-old housewife Kok Siew Ying would not be as relieved as she is today had she not been covered under MediShield Plus, a medical insurance plan for CPF. In February this year, she underwent a major joint surgery to replace
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    • 329 12 / 13 If you're one of the 255,000 Singaporeans who need to contribute voluntarily into your CPF account to qualify for the CPF Top-Up for 2000/2001, you have up to 31 December 2000 to make your contribution. Prime Minister Goh Chok Tong announced
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    • 356 12 / 13 No buying of new regular premium policies from Jan 1 From 1 January 2001, you will not be allowed to buy new regular premium endowment and investment-linked insurance policies under the CPF Investment Scheme. This is to protect your retirement savings from the risk of loss if you are
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    • 464 12 / 13 From 1 January 2001, you will be able to invest your Special Account (SA) savings under CPFIS-SA. The existing use of Ordinary Account (OA) savings for investment will be known as CPFIS-OA. The main features of the two schemes
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  • Page 12 / 13 Advertisements
    • 159 12 / 13 CPF Investment Scheme 1800-227-1188 code 4 lnvestment@cpf.gov.sg CPF Top-Up for 2000/2001 1800-327-1168 GovtTopUps@cpf.gov.sg Members Accounts 1800-227-1188 code 1 Members-Accounts@cpf.gov.sg MediShield Scheme for the Elderly 1800-327-1133 MediShield.Elderly@cpf.gov.sg Minimum Sum Scheme 1800-227-1188 code 5 Retirement@cpf.gov.sg Woodlands office Opens in Jan 2001 From 2 January 2001, employers and members located in the northern
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  • INSIGHT
    • 1778 14 Singapore is spending billions of dollars developing the life -sciences industry but at what hidden costs to society Will genetic information and genetic manipulation change human ethics as we know it? Should we make babies —just to produce spare body parts? These
      NOEL ROSALES  -  1,778 words
    • 1149 15  -  THINKING ALOUD By IRENE NG ON THE day that Senior Minister Lee Kuan Yew was conferred an honorary doctorate by the Chinese University of Hongkong, a long-haired Hongkong activist was among the 50-odd protesters chanting “Shame on Lee'* and other such slogans. Three days later, the
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    • 618 15 FIFTY years from now, the term “single parent” could take on a whole new meaning. Babies will be cloned in sterile laboratories, and bred in human “farms” for one express purpose to harvest their organs for transplant, whenever the parent or
      AFP  -  618 words
    • 282 15 GROW new hearts, livers, skin and eyes. That’s the promise of stem-cell research, in which scientists try to manipulate these “blank-slate” cells to develop into specialised ones, which eventually grow into replacement parts for the body. The ethical problem is where these cells come from: adults or
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  • MONEY
    • 292 16  -  Azhar Khali d THE slump on Wall Street on fears of an accelerated slowdown in the US economy sent local investors scurrying for cover at the sidelines, causing the Singapore market to end the week lower. The benchmark Straits Times Index (STI) fell 45.32
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    • 76 16 Straits Times Index The Straits Times Index fell 45.32 points on the week to 1,902.86 points DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday BT-SRI Index 1969.73(+21.55) 1960.86(- 8.87) 1929.32 (-31.54) 1898.84 (-30.48) 1902.86 4.02) 258.3m ($420.7m) 262.7m ($476.6m) 305.2m ($655.0m) 306.2m ($615.4m) 250.1m ($370.8m) The BT-SRI
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    • 2379 16 Company Date ann Net earn TY LY <$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 0.537 0.517 0.54 0.63 Acma Sep 29 1 4.088 6.114 2.40 3.70
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    • 165 16 BONUS ISSUE Company Ratio Exdate Books close Acc& Paymt NoelGifts one-for-two Jan 8 Jan 11 NA Allied one-for-two Dec 20 Dec 26 NA Strike one-for-one Dec 6 Dec n 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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    • 255 16 Company Place Date Time ASA Ceramic E 80 Raffles Place #01-01 UOB Plaza 1 S'pore (*****4) Jan 17 10.00am Chew Eu A 58 Kaliang Pudding Rd Jan 15 3.00pm Hock E 9th Floor CEH Ind Bldg S'pore (*****0) 3.30pm Sunright A The Pan Pacific Hotel Ocean 7 Level
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    • 547 16 Payment Ex Books Pay <cts) date close 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 4.3 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 $0.10
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    • 2448 17 UNIT TRUSTS FUNDS Managers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asia Ltd Aberdeen Select Portfolio: Global MNC Fd 0.816 0.858 Global Technology Fd!** 0.838 0.881 UK Blue Chip Fd!** 0.830 0.872 American Opport Fd 0.874 0.918 Continental Euro Eqty Fd!** 1.124 1.181 Japan Eqty Fd!** 1.202 1.263 Asian Fixed
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    • 177 17 Foreign Currency Note Rates (9am, Dec 22) Buying 00 Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9530 0.9670 Canadian dollar 1.1280 1.1520 NZ dollar 0.7500 0.7670 Sterling pound 2.5430 2.5690 US dollar 1.7290 1.7400 Singapore dollars to 100 units of foreign currency Austrian schilling 11.41
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    • 363 17  -  Even though existing technology makes such a move feasible, time needed to implement it islandwide IGNATIUS LOW FINANCE CORRESPONDENT COME 2008, consumers will be able to pay for all goods and services using “smart chips’* embedded in mobile phones and personal digital
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    • 479 17  -  By IGNATIUS LOW FINANCE CORRESPONDENT TROUBLED initial public offer (IPO) manager UOB Asia will start the New Year on a decidedly sober note. Its lawyers will attend court on Jan 3 to discuss how the criminal charges UOB faces for allegedly
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    • 4956 18 Transaction date: Dec 22, 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 Smil Wt Avg Price 163 73 me AcmaSOc 74 -1.5 75 75 73.5 5 9.3 128.4 75 50.5 14
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    • 1255 19 BONDS, LOANS WARRANTS Transaction date: Dec 22, 2000 52-Wk High Low Company Last Sale ♦orVol ■000 Day Hiqh Low Last Ouote Buyer Seller Wt Avq Price 51.5 3 s Acma W*****4 3 unch 7 3 3 3 4.5 3 27 2.5 s AIITech W*****7 3 5 3 31 18 s
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    • 1176 19 52-Wk High Low Curr Last Company Traded Sale ♦orVol 'OOO Day High Low Gr's Div Net P/E M Cap $mil Wt Avg Price MANUFACTURING 200 72.5 c AS Auto 10c 78 -1 211 80 77 10 N 31.2 102.4 81 82 30 c ASJ Hldgs 20c 51 3.8
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    • 585 20  -  In wake of similar announcements by key customers, Spore firm’s alarm bells come as no surprise T\u DEXESH DIVYANATHAN TECHNOLOGY REPORTER THE inevitable has happened. Local technology giant Chartered Semiconductor Manufacturing warned on Thursday that it may have to cut its revenue and earnings estimates for
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    • 245 20 Reuters WASHINGTON The United States and Singapore still have a number of issues to resolve before finishing work on a freetrade agreement, a top US trade official said on Tuesday. “We’ve made very 7, very 7 substantial progress, but we’ve quite a
      Reuters  -  245 words
    • 445 20  -  Reports by LEE SU SHYAN THE brave new world of listed companies here being equal to the best managed in the world has hit a snag courtesy of worried property players. Property firms say tough new accounting standards to be introduced here soon are
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    • 258 20  -  By IGNATIUS LOW FINANCE CORRESPONDENT PROFITS of listed companies in particular banks and brokerages will undergo major fluctuations next year, and it will have little to do with how 7 they run their businesses. This is thanks to a new 7 accounting
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  • Page 19 Advertisements
    • 35 19 VEHICLES The Straits Times Classified. Classifications 302 393. a\ .-a CATS. Buy It. Sell It. Find It. TRAVEL GUIDE The Straits Times Classified. Classifications 573 587. Ca <S> CATS. Buy It. Sell It. Find It.
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  • Page 21 Advertisements
    • 1141 21 The Straits Times Weekly Edition 2 m. v 8 l m UNITED OVERSEAS BANK GROUP v -V v ggggggg ggg| We are one of Singapore's largest bank groups with an established network of 225 bank offices worldwide, including 65 domestic bank branches. We provide the full range of commercial banking
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  • Page 22 Advertisements
    • 1112 22 DelGi^b DelGro’s Success Yours Might Be Next. DelGro Corporation is a well-established holding company focused in the transport business. The primary local subsidiaries include Singapore Bus Services Ltd, City Cab Pte Ltd, City Limo Auto Services Group and DelGro Engineering Pte Ltd. Within the Group, our businesses work together as
      1,112 words

  • FORUM
    • 412 23 WE REFER to the report, “Neglected, sick dog abandoned in lift” (ST, Dec 4) about the cruel abuse of a poodle which had to be put down eventually because of its extensive injuries. It spurred us to write this letter calling for deliberate
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    • 375 23 THE Singapore Association of the Visually Handicapped (SAVH) would like to commend The Straits Times for highlighting the important issue of the employment of disabled people in Singapore. Work is an important part of our self-worth. It brings our lives meaning, fulfilment and
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    • 194 23 THE focus of the discussion regarding the opening of a fourth university has been whether it should cater solely to polytechnic graduates. I find this rather puzzling. The Government has said that the arts scene and the generation of local talent
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    • 156 23 AFTER reading reports on the plan to set up a fourth university, I believe it is a brilliant move. I would like to suggest that the proposed university offer full-time degree courses for people interested in the nursing, paramedical, and other health-care professions. It could also hold
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    • 235 23 I REFER to Mr Ho Weng Hin and Ms Tan Kar Lin’s letter, “Let’s save our heritage before it’s too late” (ST Weekly, Dec 16), in which they asked the Singapore Management University (SMU) to exhibit all competition entries so that the public can see
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  • 575 24  -  Details available now will help put electric and “hybrid” cars on the road here as early as next year Bn LESLIE KOH MOVES to put green cars on local roads have shifted into higher gear, now that the authorities have worked out the
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  • 212 24  -  Bn WONG FEI WAN FOUR members of a gang which allegedly stormed into the Singapore General Hospital with wooden poles and a chopper, then bashed a man almost unconscious in the carpark, were charged in a district court yesterday. The accused are: Supervisors Mohammed Ariffin Othman,
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  • 240 24  -  Bn WONG FEI WAN A TV actress who recently guest-starred in the action series Dare To Strike opposite Hongkong heartthrob Julian Cheung was on Wednesday charged with causing a traffic accident. Vivian Lai Yi-lin, 24, was also charged with driving without a
    LIAN HE WANBAO  -  240 words
  • Page 24 Advertisements
    • 36 24 Call Singapore d US$O.O4/min* VISIT voizfone.mediarfng.com for more information «V r,: .•> i. r m m StartDialiing.... 0 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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