The Straits Times : Weekly Overseas Edition, 17 February 2001

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times Weekly Edition Saturday February 17,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 072/08/2000
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  • 481 1  -  One in four students should get in, says DPM Tan; revamp should make medicine and law graduate courses as in the US By SANDRA DAVIE EDUCATION CORRESPONDENT MORE university places in Singapore, and a radically different university system. This was the picture of future university
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  • 102 1 POPPIES FOR THE ALTAR: Thursday marked 59 years after the fall of Singapore to the Japanese. For former Japanese prisoner of war Elizabeth Choy, 91, the dav had special significance as she led 25 other ex-PoWs and their families in a ceremony to consecrate the rebuilt
    CHEW SENG KIM  -  102 words
  • 404 1  -  Bi t 1 LAURELTEO MORE Singaporeans are remaining unmarried, with poorly-educated men forming the fastest-growing group of singles here. So while concerns about rising numbers of single graduate women used to give government leaders sleepless nights, uneducated single men look set to emerge
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  • Page 1 Advertisements
    • 54 1 Hunt For Young Volunteers The SIF is expanding its search for 17- to 25-year-olds to join its overseas trips to do construction work and community service. Sportsposeh Can slm Strike Olympic Gold? Unlikely, says British gold medallist lain Percy, who believes monetary incentives should take second place to a long-term
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    • 2 1 *****1 *****6
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  • PRIME
    • 548 2  -  Temporary upsets should not derail bilateral ties, says Mr Lee, of his five-day Indonesia trip By* CHUALEE HOONG BILATERAL ties between Singapore and Indonesia must focus on the long term, and that is why he agreed to accept Indonesian President Abdurrahman
      LUIS ENRIQUE ASCUI  -  548 words
    • 461 2  -  Bti\ LAUREL TEO THE Housing Board has relented in dealing with a killerlitter culprit who was barred from living in an HDB flat for five years. Widow Wong Sook Ying, 47, will be allowed to rent a unit on the lowest floor of a block.ln
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    • 297 2  -  a!l JACKHEE THE Singapore Police Coast Guard must step up cooperation with its counterparts in Malaysia and Indonesia to combat piracy around Indonesia and in the Straits of Malacca. Law Minister Professor S. Jayakumar said this on Mon- day at the opening
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    • 541 3  -  By TRACY QUEK SEVEN out of 10 pupils in the Gifted Education Programme (GEP) each year come from neighbourhood schools. More than half the 197 schools can boast of sending at least a few bright sparks into the programme, which is for the
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    • 387 3  -  By DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU PEKANBARU Singapore is looking to import raw water and vegetables from the re-source-rich Riau province as part of a new pattern of economic interaction that could redefine the Republic’s ties with Indonesia’s provinces in the long
      LIANHE ZAOBAO  -  387 words
    • 284 3  -  Btj CHANG AI-LIEN THE National Science and Technology Board (NSTB) is looking to develop “twolegged assets” the human capital so crucial to Singapore’s transformation into a science and engineering hub. To do so, the board has redefined its role to focus on developing talent, and pub-lic-sector
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    • 387 3  -  Under a law which came into effect this week, those standing for election have to declare the sources of their funding By LESLIE KOH ELECTION candidates must show that they have not received any unpermitted donations, such as those from foreigners, before they will be allowed
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  • HOME
    • 464 4  -  Some 150 million cu ft of natural gas to be imported daily through a 500-km pipeline from Sumatra By DERWIN PEREIRA STRAITS TIMES INDONESIA BUREAU JAKARTA Singapore on Monday sealed a 20-vear agreement with Indonesia to buy US$9 billion (5515.7 billion) worth of
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    • 281 4  -  By_ CLARISSA OON WILLIAM Teo, one of the first directors in Singapore’s En-glish-language theatre scene to explore traditional Asian arts, died on Sunday evening. He was 41. A recipient of the National Arts Council Young Artist award in 1994, friends said Mr Teo, who was
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    • Article, Illustration
      68 4 MERCY MISSION Members of a Singapore medical team in quake-ravaged Gujarat, India, revived a six-week-old prematurely-born girl after an hour of mouth-to-mouth resusitation. It was the highlight of over 300 cases they treated during a week there. The team, made up of six doctors, five nurses and two
      CHEW SENG KIM  -  68 words
    • 399 4  -  By EDNA KOH SPH Media Works, the broadcasting arm of Singapore Press Holdings, has set its sights on the digital-television market, hoping to capture a “sizeable” chunk of the out-of-home advertising pie estimated at $7O million last year. Pending regulatory approval, it will be
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    • 134 4 LATE theatre director William Teo received a rare tribute from Deputy Prime Minister Lee Hsien Loong, who has followed his work closely over the years. Brigadier-General (NS) Lee could remember being entranced by Mr Teo’s 1995 staging of The Mahabharata Part I: A Game Of Dice. The
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    • 400 5  -  Bt,. ALETHEA LIM KILLER-LITTER offenders will be jailed even if their crimes hurt no one. That was the message from Chief Justice Yong Pung How on Tuesday when he refused to cut the five-week jail term imposed on one such offender.
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    • 460 5  -  By. CHAN KAY MIN IN THE gloom of the jungle, Singapore Armed Forces (SAF) soldiers pour water into foil pouches, mixing the powdery contents well. A short time later, they are tucking into nasi sprang, roast lamb and vegetables, Thai beef curry rice, seafood paella
      LIM SIN THAI  -  460 words
    • 442 5  -  Father of two in tears after being sentenced for attacking girl; tells judge he was a t the time By_ WONG FEI WAN A SINGAPORE Armed Forces major, who molested a teenager inside a toilet, was on Tuesday sentenced to 27 months’
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    • 325 5 THE Productivity and Standards Board (PSB) will be restructured to give better value for money when it helps companies improve their businesses. The statutory board will operate in the same environment as private sector firms, PSB chairman and Minister without Portfolio Lim Boon Heng
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    • 470 6  -  SIF is targeting youths from clan associations ana other groups to go abroad to aid people through building and teaching projects *!L JACKHEE IF YOU are between 1/ and 25 years old, the Singapore International Foundation (SIF) wants you to build playgrounds in Myanmar and teach
      ALBERT SIM  -  470 words
    • 389 6  -  S!L LI-ANN WEE MORE Malay women than men are attending university here, according to figures from the Education Ministry. Last year, 59 per cent of the Malay students at the National University of Singapore and the Nanyang Technological University were women. Although the trend
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    • 205 6 POLICE SAY... SINGAPOREANS are free to make speeches at the Speakers’ Comer but this does not mean that they do not have to observe other laws. The police said that the public cannot use the venue to con- duct demonstrations or marches without
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    • 268 6  -  R>/ SHARON VASOO CIVIL-SOCIETY activist James Gomez, who was summoned to assist a police investigation last Saturday, faced a fresh summons because of his participation in a Roundtable seminar on the Societies Act last year. The seminar was organised by the Roundtable, a non-partisan policy-discus-sion
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    • 462 7  -  Status of Indonesian Chinese and Malaysia’s ethnic tension may be raised at forthcoming conference By I LEONG WENG KAM THE status of the Chinese minority in Indonesia and recent ethnic tension in Malaysia are likely to be talking points at an international conference on the Chinese
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    • 146 7 AMBASSADOR-AT-LARGE Tommy Koh is now the head of the Chinese Heritage Centre, which aims to be the world’s leading research centre on the Chinese outside China. He has taken over the chairmanship from Chinese community leader and banker Wee Cho Yaw since last month. It
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    • 164 7 THE closed-door dialogue on Malay issues between Senior Minister Lee Kuan Yew and community leaders scneduled for last Monday has been postponed to March 2. The postponement will allow more people to take part in the discussion at Parliament House, said sources
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    • 489 7  -  &L KARAMJIT KALR WHEN the police came to his door recently, Mr R. Somasundaram, 79, thought they would tell him they had found his son, who went missing in Malaysia nine years ago. But he was wrong. They had come to tell him
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    • 517 8  -  Restaurateur dies of heart failure when it dawns on him that wife, abducted by carjackers, is dead *L NEAL COOKE FIRST, his relatives told him there had been no news of his wife. Then they told Mr Quek Jin Poh she had been
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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
    • SAILING
      • 724 9  -  Monetary rewards will have little effect on performance, and such money is better spent on helping athletes excel, says Brit Olympian Bu CHAN TSE CHUEEN FACT: Financial support is critical in bringing about sporting success. But should it come before or after the success?
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      • 385 9  -  Bt/ CHAN TSE CHUEEN DO NOT be fooled by their age. At 12, Sarah Tan and Colin Cheng are two of the fiercest competitors in the Optimist fleet as reflected in their rankings. Top girl sailor Sarah is ranked joint seventh in Singapore with Xu Yuan Zhang,
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    • 298 9 ATHLETICS SOUTH-EAST Asia Games medal hopeful Chamkaur Singh broke Singapore’s 23-year-old national 1,500-m record during the heats at New South Wales Championships on Feb 9He clocked 3 min 52.66 sec to better the previous record of 3:53.1, which was set by Seijit Singh
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  • MALAYSIA
    • 565 10  -  The proposed 800-m-long tunnel is part of the larger plan by Malaysia to relocate its rail terminus in Singapore to Kranji BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR An 800-m-long tunnel below the Straits of Johor will be built for rail services if a
      G. CHANDRADAS  -  565 words
    • 133 10  -  By REME AHMAD IN KUALA LUMPUR THE government may drop plans to privatise the national railway firm Keretapi Tanah Melayu (KTM) because of concerns over its financial viability in private hands, Ministry of Transport officials have said. The government had planned
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    • 147 10  -  By REME AHMAD IN KUALA LUMPUR AFTER weeks of speculation over who will head Malaysia Airlines (MAS), the government on Wednesday named Petronas chief Tan Sri Azizan Zainul Abidin as the national carrier’s non-executive chairman and a former banker as its new managing director.
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    • 369 10  -  SKYDIVING HORROR By YEOH EN-LAI A MALAYSIAN journalist, who survived a 1,500-m freefall with just a nosebleed after both parachutes failed on her maiden jump, said she could not wait to go for another skydive. Miss Deng Li Ping, 26, escaped with only a
      SIN CHEW JIT POH  -  369 words

  • SOUTH-EAST ASIA
    • 302 11  - Senate bid by Estrada’s wife: ‘Good chance By ARTURO BARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA The soft-spoken wife of former Philippine President Joseph Estrada, seeking “vindication” of the family’s good name, has announced her bid for a Senate seat in upcoming mid-term elections. Mrs Maria Luisa “Loi” Ejer- cito-Estrada filed
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    • 448 11  -  By ARTURO BARIUAD STRAITS TIMES PHILIPPINES BUREAU MANILA Lawyers for former President Joseph Estrada argued on Thursday that there was no declaration by the Supreme Court that the presidency was vacant. Mrs Gloria Arroyo’s assumption of office under such circumstances was, therefore,
      AFP  -  448 words
    • 441 11  -  Union of six parties opposed to the Indonesian President close to signing deal to back his V-P By i SUSAN SIM INDONESIA CORRESPONDENT SENIOR cadres of the top Indonesian political parties, who have been meeting secretly for the past two months, are close to
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    • 160 11 The Jakarta Post/ Asia News Network, AFP JAKARTA One more son of former Indonesian President Suharto is in legal trouble. Mr Sigit Hardjojudanto was questioned for more than four hours at the Attor-ney-General’s Office on Wednesday for his alleged involvement in marking up the
      The Jakarta Post/; Asia News Network,; AFP  -  160 words

  • COMMENT
    • 575 12 WEDNESDAY FEBRUARY 14, 2001 FOR the second time in 10 months last week, DBS Bank found itself justifying its approach to business to a segment of its clientele the POSBank account holders who are least able to understand it. This is bound to happen when an
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    • 576 12 TUESDAY FEBRUARY 13,2001 THE question of giving citizens domiciled abroad the vote may have got well past the starter’s gate, with only the eligibility criteria needing to be defined. This is the impression one gets from remarks made on the subject by the two deputy prime
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    • 1108 12  -  SATURDAY WITH WITH CHUA LEE HOONC CONTRADICTORY it may seem, but the most newsworthy point about Malaysian Deputy Prime Minister Abdullah Badawi’s visit to Singapore last week is that it should be newsworthy at all. Calling on neighbouring countries should be as normal
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  • COMMENT/PERSPECTIVE
    • 884 13  -  VIEWPOINTS B 'J CHUA MUIHOONG MIND the gap. No, not the one on the London Underground which alerts commuters to the gap between the train and the platform. But the income gap, right here in Singapore. Latest figures from the ongoing Singapore census paint a
      INTON  -  884 words
    • 923 13  -  HEART TO HEART WITH ASAD LATIF MY COLLEAGUE M.R. Narayan Swamy paid a moving tribute to Singaporean generosity recently when he wrote of his experience of being a volunteer collecting relief material for earthquake victims in Gujarat. “In just two hours, the main entrance to
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  • INSIGHT
    • 1666 14 While most citizens welcome the idea of giving the vote to Singaporeans overseas, some ask why there mould be eligibility criteria on who can vote. ASADLATffW JACK HQ discuss the issue broached by DPM Lee Hsien Loong recently THE
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    • 1656 14  - Are Singaporeans heading for extinction THINKING ALOUD By WARREN FERNANDEZ WILL Singaporeans be an endangered species in the age of globalisation, as a younger generation becomes more at home wandering about the world, both virtually and in real life? This question, or a variation of it, was put to Deputy
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    • 496 15  -  By i CONRAD TAN OVERSEAS voting was the subject of a debate in the British Parliament recently. British citizens who have been abroad for less than 20 years are allowed to vote in their general election through an authorised proxy. They
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  • MONEY
    • 260 16 SINGAPORE shares ended the week mildly lower as sentiment weakened after US Federal Reserve chairman Alan Greenspan hinted that there will no further interest-rate cuts at the forthcoming meeting next month. The benchmark Straits Times Index (STI) fell a mere 1.81 points over
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    • 77 16 Straits Tims Index Tlw Straits Thnes Index fell 181 points on the «reek to 1,971.56 points DAY CLOSE TURNOVER Monday 1990.18 (+16.81) 351.7m ($422.4m) Tuesday 1988.79 (-1.39) 411.2m ($467.5m) Wednesday 1966.10 (-22.69) 336.3m ($351m) Thursday 1975.55 9.45) 365.3m ($625.3m) Friday BT-SM Index 1971.56 3.99) 321.8m ($559.0m) The
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    • 2390 16 Company Me ann Net earn TY LY ($m) ($m) EPS TY LY (cts) (cts) Ascott Jan 31 P 4.789 15.611 L 031 1.7 L Addvalue Dec 07 1 0.500 2.056L 0.12 0.7 L AS Auto Dec 08 1 6.888 0.347 530 0.30 AsiaDekor Rmb Dec 12 1 59.296
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    • 190 16 BONUS ISSUE Company Ratio Exdate Books close Acc Paymt Sunlight NoelGifts one-for-two one-for-two Feb 15 Jan 8 Feb 20 Jan 11 NA NA RIGHTS ISSUE Company Ratio Exdate Books close Acc Paymt China Motion one-for*four Dec 13 Dec 18 NA OTHERS Company Ratio Exdate Books close Acc Paymt
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    • 232 16 Company Place Date Time Brierley invest s JW Marriot Hotel Marriott Function Room (Salon 6), Third Floor Pacific Place B8 Queensway Hong Kong Mar5 4.00pm Avimo A The Regent S'pore Tanglin IV Level 2 1 Cuscaden Rd S pore (*****5) Mar 5 11.30am Eastern Asia E Andaman Room
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    • 426 16 Payment lets) Ex date Books close Pay date AP Breweries F 9N Feb 28 Mar 5 Mar 16 Ascott 20c b 1 May 14 May 17 May 28 Australand A50c i 3 Mar 13 Mar 16 Mar 29 Avimo 20c F 43 Mar 13 Mar 16 Mar 28
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    • 187 16 Company Description Eastern Asia The proposed issue by the company of up to S$25 million in principal amount of convertible bonds due 2004 at an issue price of 100 per cent of the principal amount of such convertible bonds and the proposed grant by the company of an
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    • 2383 17 UNIT TRUSTS FUNDS Manaqers' prices (S$) UNIT TRUSTS Aberdeen Asset Mat Asin Ltd Global MNC Fd 0.823 0.865 Global Technology Fd!** 0.834 UK Blue Chip Fd!** 0.830 American Opport Fd 0.897 Continental Euro Eqty Fd!** 1.152 Japan Eqty Fd!** 1.160 1.218 Asian Fixed Income Fd 1.055 Pacific Equity Fd!** 1.281
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    • 157 17 Foreign Currency Note Rates (9am, Feb 16) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9080 0.9210 Canadian dollar 1.1250 1.1490 NZ dollar 0.7370 0.7530 Sterling pound 2.5140 2.5400 US dollar 1.7390 1.7500 Singapore dollars to 100 units of foreign currency Austrian schilling 11.36
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    • 331 17 Ministry refutes claim by DBS chief that POSBank had neither the resources nor the momentum to become Y2K compliant THE Ministry’ of Finance has refuted the claim by DBS’ chief executive Philippe Paillart that POSBank was not Y2K compliant when it was acquired by
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    • 443 17  -  Bn COLIN TAN STARBUCKS Coffee is brewing up a storm as it prepares to open eight new outlets this year, in addition to the two already opened since the start of the year. Bonstar, which holds the local rights to the Seattle-based coffee chain,
      LUDWIG 11.10  -  443 words
    • 3951 18 Transaction date: Feb 16, 2001 MULTI INDUSTRY 52-Wk High Low Curr Last Company Traded Sal* ♦orVol •000 Day High Low Gr’i Net M Cap Div P/E $mil Wt Avg Price 158 55 me Acma50c 55 -23 403 57 55 5 6.9 95.4 57 41.5 12
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    • 1249 19 BONDS, LOANS WARRANTS Transaction date: Feb 16, 2001 52-Wh High Low Company Last Sale ♦orVol '000 1 Day Hh)h Low E Last Quote Wt Avg luyer Seller Price 47 1 s Acma W*****4 1 unch 31 1 1 1 1.5 1 25 2.5 s AIITech W*****7 ......3 2 3 31
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    • 1199 19 52-Wk High Low Curr Last Company Traded Sale ♦orVo! OOO Day High Low Gr*s Div Nat P/E M Cap $mil Wt Avg Price MANUFACTURING 193 71.5 c AS Auto 10c...„ 78 unch 196 80 77 3 10 N 31.2 102.4 76 82 30 c ASJ Hldgs 20c 48
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    • 404 20  -  By By DENESH DIVYANATHAN TECHNOLOGY REPORTER BRITISH Telecom has submitted its comments on the Government’s upcoming 3G auction independent of associate Star Hub’s submission sparking renewed speculation that it intends to branch out on its own. At the close of the Infocomm Development
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    • 545 20  -  Key minority shareholders give their blessings to Vickers Balias' plan to forge mega brokerage in merger with DBS Securities Bu EDNA KOH FINANCE CORRESPONDENT A NEW $444 million cash offer, a new partner in DBS Securities and Vickers Balias is well on its way to
      ARTHUR LEE/BT  -  545 words
    • 208 20  -  By CORNELIA TAN PROPERTYREPORTER ONCE again reflecting the weak sentiment in the market for private homes, developers shunned two of the five sites in the Government’s final batch of private residential land offered for sale last year. The sites at Lengkong Empat
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    • 350 20  -  By NICHOLAS FANG TRANSPORT REPORTER SINGAPORE Airlines (SIA) has dismissed as “speculation” an Australian newspaper report that it is considering buying a direct stake in Ansett Australia from Air New Zealand (Air NZ). The Sydney Morning Herald on Monday reported that SIA
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  • Page 21 Advertisements
    • 798 21 4 v;-' < T /c' '■5K The Straits Times Weekly Edition APPOINTMENTS The Singapore Sports Council (SSC) promotes and manages a wide range of public sports facilities, and the Sports for Life Sports Excellence programmes. We have about 900 employees working towards fulfilling the Council's corporate mission: "Towards A Sporting
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  • Page 22 Advertisements
    • 937 22 MAKE YOUR MARK IN THE WORLD WITH US The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group one of The world's largest banking and financial services organisations and its flagship in the Asia-Pacific region. The HSBC Group has over 130 years’ experience, and serves
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  • FORUM
    • 213 23 I WAS at the National Stadium to watch the soccer match between Singapore and Kuwait on Feb 6. I went because of my loyalty to the national team. However, I was shocked by and disgusted with most of the Singapore fans. They booed the Kuwaiti
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    • 347 23 I REFER to the recent letters to the Forum page urging for smaller class sizes. We appreciate the interest in suggesting improvements to the teaching environment in class and would like to use this opportunity to explain the approach of the Ministry
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    • 82 23 I WOULD like to know the Central Provident Fund Board’s criteria for deciding if a unit trust qualifies for the use of CPF members’ funds. I was surprised that the Schroder S$ Protected Return Fund (February 2004) was not approved, even though it guaranteed
      82 words
    • 350 23 WHILE we agree that our Consumer Protection Laws are not perfect, we believe that they are constantly under review by the authorities. Where appropriate, the Consumers Association of Singapore (Case) will lobby for additional laws to protect consumers, like our call for a Small
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    • 305 23 I WOULD like to raise the issue of different cancellation policies for the purchase of similar products marketed by the same company in different countries. I purchased a Dell laptop over the telephone recently. The order was taken in Penang as Dell does
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  • 486 24  -  Deal is for 10 8777-200 aircraft on firm order and 10 on option; price covers jet spares ana spare engines. Delivery starts in 2003 By NICHOLAS FANG TRANSPORT REPORTER SINGAPORE Airlines on Wednesday placed a US$4 billion (556.9 billion) order with Boeing for 20 of
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  • 314 24  -  By TRACY QUEK and PHILIP ALLEN THERE was unusual traffic along St Andrew’s Road last Saturday evening. At 6.40 pm, nine longlegged beauties sashayed down the road waving to the crowd. In their wake was a cavalcade of 15 vintage cars, 40 motorcycles, open-top trolley
    PICTURES: ALAN LIM  -  314 words
  • 193 24  -  *l LAUREL TEO FAMILY sizes continue to shrink as Singaporeans marry later and have fewer children. There are also more married couples, well into their 30s and 40s, who have just one child or none at all, according to the latest Census 2000 figures. In
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