The Straits Times : Weekly Overseas Edition, 3 November 2001
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2001-11-03
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The Straits Times : Weekly Overseas Edition
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Title Section17 2001-11-03 1 The Straits Times Weekly Edition 3,2001 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA 304/03/200117 words
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Article, Illustration1142 2001-11-03 1 SUMIKO TAN - The stronger the better, to signal to foreigners and investors that at a time of deep crisis, people have confidence in Govt, say leaders in SUMIKO TAN PEOPLE’S Action Party leaders last night called on Singaporeans to give the ruling party a resounding mandate today soPhoto: JOYCE FANC; Design: CHRISTIAN INTON - 1,142 words
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Page 1 Advertisements
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Advertisement67 2001-11-03 1 Crash anniversary SQ 006 Suits Filed Survivors and families of those who died in the SQ 006 plane crash last October have filed lawsuits in Los Angeles. page s “i mm n Akri Mi «r? Singapore cup Looking Sharp For A Win If Home United wins the trophy, its chairman,67 words
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GE 2001
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Article419 2001-11-03 2 Candidates have the expertise to manage their estates, he says, citing Potong Pasir and Hougang Singapore Democratic Alliance SINGAPORE Democratic Alliance leader Chiam See Tong on Thursday night assured voters that opposition candidates have the capability and expertise to manage their estates, pointing to the experience419 words
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437 2001-11-03 2 Workers’ Party WORKERS’ Party (WP) chief Low Thia Khiang on Thursday night rebutted the People’s Action Party’s criticism that it has no constructive ideas on how to make life better for Singaporeans. Speaking in Mandarin at a rally in Hougang Stadium, he437 words
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Article, Illustration451 2001-11-03 2 OPPOSITION MP Chiam See Tong had to hold an election rally for Potong Pasir last night in Jalan Besar GRC. Potong Pasir’s sole designated rally site had already been booked by the People’s Action Party (PAP), which also booked it forTANSUANANN - 451 words
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310 2001-11-03 2 SDP DR CHEE Soon Juan and his Singapore Democratic Party colleagues made an impassioned plea to voters on Thursday night, calling on them not to let opposition party members end up “like Francis Seow, Tang Liang Hong and J.B. Jeyaretnam”. All310 words
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Article, Illustration457 2001-11-03 3 THE People’s Action Party (PAP) expects to give Mr Chiam See Tong “a run for his money” in Potong Pasir, Deputy Prime Minister Lee Hsien Loong said on Thursday. “He’s been working extra hard these last few days,” he said ofJOHN COSGROVE - 457 words
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326 2001-11-03 3 POLITICAL hijack! This was how Jalan Besar GRC’s incumbent MP, Dr Lee Boon Yang, reacted when he learnt that his Singapore Democratic Alliance (SDA) opponents had told reporters that they would, if elected, take over the area’s townimprovement plan already set in326 words
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522 2001-11-03 3 His assessment of residents’ views in contested wards suggests a possible clean sweep of all 29 seats by the PAP A CONFIDENT Mr Goh Chok Tong said on Thursday night that on Polling Day, he expects to take more than the 65522 words
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360 2001-11-03 3 ZURAIDAH IBRAHIM - *IL ZURAIDAH IBRAHIM A SHADOW Cabinet made up of backbenchers and even Nominated MPs to take on the Government may be created, said Prime Minister Goh Chok Tong last Friday. He was prepared, he said, to set up opportunities for his colleagues and MPs360 words
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447 2001-11-03 4 Zuraidah Ibrahim - Zuraidah Ibrahim THE Prime Minister on Thursday led his ministers in a coordinated blitz to refocus the election campaign on the economy and jobs. Mr Goh Chok Tong said the main issue of the General Election should be about saving and creating jobs and447 words
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Article, Illustration528 2001-11-03 4 SUSAN LONG - Led by Chee Soon Juan, it followed the PAP team on a walkabout in Jurong GRC but PM was unfazed by its taunts *!L SUSAN LONG THE fight for Jurong GRC took a nasty turn on Sunday morning when Singapore Democratic Party chiefALBERT SIM - 528 words
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628 2001-11-03 4 ZURAIDAH IBRAHIM; and BRENDAN PEREIRA - By ZURAIDAH IBRAHIM and BRENDAN PEREIRA DR CHEE Soon Juan on Wednesday night beat a belated retreat by reading out formal apologies to the Prime Minister and Senior Minister over allegations of a $l7-billion loan to Indonesia. This happened after the Prime628 words
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592 2001-11-03 5 For upgrading, the PAP need not win the ward but at least half the residents of older precincts should vote for the party IF AT least half the residents in the older precincts of Potong Pasir vote for the People’s Action Party592 words
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Article, Illustration637 2001-11-03 5 THE Singapore Democratic Alliance (SDA) has distanced itself from Dr Chee Soon Juan, leader of the Singapore Democratic Party (SDP), after his public outburst against the Prime Minister last Sunday. Although it expressed disapproval of Dr Chee’s insolence towards Prime Minister Goh Chok Tong,ALBERT SIM - 637 words
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312 2001-11-03 5 THE distribution of New Singapore Shares is not an election gimmick, and it will be repeated every few years, Senior Minister Lee Kuan Yew said on Wednesday. More shares will be given out when the economy does well, and they will312 words
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HOME
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463 2001-11-03 6 ALETHEA LIM - Stiffer sentences needed to deter potential offenders, says the Chief Justice, citing a 25-per-cent rise in cases this year *IL ALETHEA LIM CHIEF Justice Yong Pung How on Wednesday sent a strong message to molesters, saying that from now on463 words
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474 2001-11-03 6 MARGARET PERRY - *L MARGARET PERRY DOCTORS at Tan Tock Seng Hospital CITSH) who disagree with family members about keeping a patient’s life-support machine on will soon be able to turn to a panel of experts to settle the issue. The hospital announced474 words
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Article, Illustration413 2001-11-03 6 DAWN WONG - *L DAWN WONG SHE has tasted the best of both worlds in her 11 years of retailing, having tried her hand at both buying and selling. And this has helped her to make “balanced decisions” when dealing with vendors, as she is ableTREVORTAN - 413 words
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391 2001-11-03 7 REBECCALEE - They agree to the cost-cutting measure, but want management to declare 'trigger points’ at which the reductions would end By REBECCALEE TRANSPORT REPORTER SINGAPORE Airlines’ (SIA) five unions have accepted the need for wage cuts but they want management to declare clear trigger391 words
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298 2001-11-03 7 I CHAN TSE CHUEEN - BIL I CHAN TSE CHUEEN PRIME Minister Goh Chok Tong last Saturday received the Olympic movement’s highest award for an individual for his contribution to the development of sport in Singapore. In presenting Mr Goh with the Olympic Order in gold at the close298 words
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Article, Illustration118 2001-11-03 7 LIFE-SIZE wax figures of Dr Sun Yat Sen (third from left), his fellow revolutionaries and Singapore supporters will be an attraction at the Sun Yat Sen Nanyang Memorial Hall, which will open on Nov 12. The set of 10 wax figures shows118 words
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742 2001-11-03 7 KRIST 800; and ARI.INA ARSHAD - Hotel bookings down so staff do more tasks By KRIST 800 and ARI.INA ARSHAD BELLHOPS are patrolling lobbies, housekeepers are doubling as banquet waitresses, and waiters might have to wash dishes as Singapore hotels struggle to break even in the wake of the Sept 11 terrorist attacks. Several hotels are742 words
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Article, Illustration487 2001-11-03 8 KARAMJIT KAUR; and DEBBIE GOH; Tan Yen Nee - Over 40 lawsuits filed in Los Angeles against SI A and Taipei autnorities as they cannot sue in California after Wednesday SQ 006 Crash Anniversary By KARAMJIT KAUR and DEBBIE GOH Additional REPORTING BY TAN YEN NEE Tan Yen Nee MORE than487 words
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Page 8 Miscellaneous
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Miscellaneous1061 2001-11-03 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GHT) 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 Word1,061 words
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SPORTS
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341 2001-11-03 9 ELAINE LO - Bjt ELAINE LO TEAM manager R. Vengadasalam was fined $3OO by Woodlands Wellington on Thursday for a fracas with ex-player Adam Anderson last Sunday. The Australian had said Vengadasalam grabbed his throat during an argument before a fan gathering at the341 words
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Article, Illustration577 2001-11-03 9 MARC LIM - If Home United wins trophy, its chairman has a sabre to open a special bottle of champagne Bil MARC LIM AS RETURNING Officer for the General Election, Tan Boon Huat hardly has time for himself these days, shuttling between his office atWONG MAYE-E - 577 words
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543 2001-11-03 9 CHAN TSE CHUEEN - ĔIL CHAN TSE CHUEEN A BID to lift the qualifying standard for Singapore swimmers to the South-east Asia Games from existing thirdplace times to silver-medal times has been rejected. The raising of the qualifying mark to second-place times already implemented by Malaysia was543 words
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MALAYSIA
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453 2001-11-03 10 LESLIE LAU - He concedes some procedural errors, but his explanation seems to have satisfied opposition MPs seeking his resignation By LESLIE LAU IN KUALA LUMPUR SELANGOR Mentri Besar Datuk Seri Mohamed Khir Toyo on Wednesday staved off intense pressure to resign over corruption allegations, just one year453 words
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Article, Illustration124 2001-11-03 10 New Straits Times PETALING JAYA A three-year-old boy was given 100 stitches for wounds all over his body after he was bitten by a monkey at his home in Kuala Lumpur. Muhammad Mirzan Nad- zim was playing on the firstfloor verandah of hisNew Straits Times; NEW STRAITS TIMES - 124 words
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Article465 2001-11-03 10 REME AHMAD - By REME AHMAD IN KUALA LUMPUR MALAYSIAN industry and worker groups welcome government plans to send back foreign workers, but are worried that the vacancies created by their departure will not be filled by choosy local workers. They also want the government to ensure that465 words
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170 2001-11-03 10 KUALA LUMPUR Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said on Tuesday that claims of allergies to latex protein were an act of deception by the United States to tarnish the image of Malaysia^- ac j e PlltUrai-ruDber gloves. The New Straits170 words
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SOUTH-EAST ASIA
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500 2001-11-03 11 DEVI ASMARAM - Indonesian media says she was laid-back and muted in her leadership and that her staff favoured rhetoric over action B y DEVI ASMARAM STRAITS TIMES INDONESIA BUREAU JAKARTA The Indonesian media, assessing President Megawati Sukarnoputri’s first 100 days in office,500 words
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491 2001-11-03 11 LUZBAGUIORO - B y LUZBAGUIORO PHILIPPINES CORRESPONDENT MANILA Oldtimers at the Philippine national penitentiary in Muntinlupa used to say there were only two types of men who walked out of its gates: repentant ex-convicts and toughened criminals. Now, thanks to a programme started nearly two decades491 words
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Article, Illustration43 2001-11-03 11 BILLIONS IN FAKE BONDS* A Philippine police officer displays US$lOO billion (S$ 183 billion) in fake US federal bonds seized from two men at a bus station in Zamboanga city. Police were searching for explosives at the time. APAP - 43 words
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313 2001-11-03 11 MANILA Instead of weakening her grip on power, rumours of a coup plot against President Gloria Arroyo have bolstered public support for her 10-month-old administration, analysts said. Having recently emerged from a period of prolonged political turmoil, analysts reckoned the Filipino public is too313 words
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COMMENT
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Article581 2001-11-03 12 TUESDAY October 30, 2001 PRESIDENT Megawati Sukarnoputri showed courage and underlined her own vulnerability when she warned Indonesians their country risked breaking up if they continued to accentuate regional, ethnic and religious differences. She said this not once, but twice, in as many days on Sunday and581 words
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Article581 2001-11-03 12 WEDNESDAY October 24, 2001 JAPAN’S legislators and the coalition government read the moral climate correctly when they brought about a law change on Monday to permit its military, the Self-Defence Force (SDF), to take part in the campaign against organised terror. The United States should be581 words
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840 2001-11-03 12 JOSEPH CHENG - JOSEPH CHENG AT THE end of August, the Economic Development Advisory Committee in Taiwan ended three days of conference and achieved a considerable breakthrough in relations across the Taiwan Strait. Such a large-scale, open forum between government officials, political parties, business leaders840 words
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COMMENT/PERSPECTIVE
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Article, Illustration976 2001-11-03 13 BERTHA HENSON - MY VIEW By By BERTHA HENSON A FEW weeks ago, the rubbish bin centre across my mother’s Housing Board block caught fire. It is now a blackened shell, and looking at it from the balcony of her flat, my mother sighed: “Poor MrLUDWIG ILIO - 976 words
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1060 2001-11-03 13 COH SUINOI - VIEWPOINT COH SUINOI TAIPEI The staging of the Apec summit is usually described here as shangxin di, a “place of heartbreak”. Every year, the Taiwanese are reminded that although they are participating in the Asia-Pacific Economic Cooperation (Apec) grouping substantively as an equal member,1,060 words
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INSIGHT
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Article2121 2001-11-03 14 Once again, the issue of leadership renewal has surfaced at a general election. The ruling party argues that it is crucial to Singapore’s future as many of the current Cabinet ministers are approaching retirement age. Our Senior Correspondent CHUA LEE HOONG examines the facts MANY2,121 words
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1310 2001-11-03 14 SONNYYAP - THINKING ALOUD SONNYYAP ONCE upon a time, events in the Middle East, Afghanistan and Central Asia had a decidedly remote air about them, eliciting no more than a yawn among many of us. Today,1,310 words
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MONEY
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Article280 2001-11-03 16 RENEWED concerns on the grim economic outlook dragged Singapore shares lower this week with technology stocks taking the beating most. The benchmark Straits Times Index (STI) fell 69.68 points to 1,341.57 over the week. Monday: Airline sector woes dealt a heavy blow to the Singapore280 words
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Article76 2001-11-03 16 Straits Times Index Tlw Straits Times Index fell 69.69 points on the week to 1,341.57. DAY CLOSE TURNOVER Monday 1,393.74 (-17.51) 178.78m ($265.52m) Tuesday 1,383.36 (-10.38) 183.16m ($285.48m) Wednesday 1,367.84 (-15.52) 185.70m ($247.50m) Thursday 1,347.51 (-20.33) 239.01m ($275.91m) Friday 1,341.57 5.94) 220.78m ($275.46m) BT-SRI Index The BT-SRI76 words
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370 2001-11-03 16 NARENDRA AGGARWAL - The outlook is bleak for the next six months, say manufacturers in EDB’s business expectations survey By NARENDRA AGGARWAL ECONOMICS CORRESPONDENT A GROWING number of manufacturers expect business conditions to worsen in the next six months as the electronics industry stays in the doldrums370 words
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Article440 2001-11-03 16 Company Date aim Net earn TY IY (Sm) ($m) EPS TY (Cts) IY (cts) Ascott Grp 30-Oct Q3 6.795 18.272 0.44 1.18 Acma 26-Sep l 4.761 L 4.088 2.7L 2.4 AEM-Evertech 27-Sep 1 1.97 10.114 0.54 3.12 Ban Joo 26-Sep P 1.753 6.366 0.31 1.4 BBR Hldgs 30-Sep440 words
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Article170 2001-11-03 16 BONUS ISSUE Company Ratio Exdate Books dose Acc Paymt IRE Corp one-for-four 13-Nov 19-Nov NA Total Auto one-for-two 04-Oct 09-Oct NA RIGHTS ISSUE ExBooks Acc Company Ratio date dose Paymt GES Intnl one-f or-five® $0.30 12-Nov 16-Nov !-One.Net one-for-two ©SO.05 23-Oct 26-Oct OTHERS ExBooks Acc Company Ratio date170 words
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Article225 2001-11-03 16 Company Place Date Time l-One.Net A 8th Floor Boardroom 1 Kallang Way 2A Communications Techno Centre 03-Dec 10.00am Lum Chang A 38 Kim Tian Road 30-Nov 10.15arr Hidgs E #03-00 Kim Tian Plaza 10.45am PCI Ltd E 322 Jalan Ahmad Ibrahim S'pore *****1 22-Nov 2.15pm GES Intnl A225 words
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Article381 2001-11-03 16 Payment (ctsj Ex date Books close Pay date Amtek 20c F 0.8TE 06-Dec 11-Dec 20-Dec ASA Grp 20c 1 0.7TE 22-Oct 25-Oct 06-Nov Asia Dekor HK15c F RMB3TA 23-Oct 26-Oct 10-Dec Aussino.com 2.5c F 0.82 29-Nov 04-Dec 18-Dec Autron A5c F A0.5 05-Nov 08-Nov 28-Nov Ban Joo 5c381 words
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659 2001-11-03 16 Subsantiai Buy No of Price Shareholding Trans Shareholder/ Sell Shares Per Before After Stock Date DlreOor Conv '000 ShrS COOO) COOO) Kim Eng Hldgs 30-0ct-01 Gold Peak Ind Buy 15 0.59 ***** 9.7 ***** 9.7 GP Batteries 29-Oct-O1 Gold Peak Ind Buy 0 1.55 0 0.0 0659 words
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Article1696 2001-11-03 17 UNIT TRUSTS FUNDS UNIT TRUSTS Aberdeen Asset Mgt Asia Ltd Aberdeen Select Portfolio: 0.702/0.738 China Opportunities Fd!** Cont Euro Eqty Fd!**.... 0.859 /0.903 0.904 /0.950 0.619/0.651 Global Technology Fd!**....— Indonesia Equity Fd!** 0.466 /0.490 0.577 /0.607 1.029/1.082 1.069 /1.123 1.129 /1.187 Philippine Equity Fd!** Singapore Equity Fd!** 0.309/0.325 1.291 /1.3561,696 words
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Article119 2001-11-03 17 Foreign Currency Note Rates (9am, Nov 2) Buying OD Selling Singapore dollars to one unit of foreign currency Australian dollar 0.9290 0.9530 Canadian dollar 1.1350 1.1590 NZ dollar 0.7570 0.7820 Sterling pound 2.6620 2.6900 1.8350 Singapore dollars to 100 units of foreign currency Austrian schilling 11.88 12.13 Chinese renminbi119 words
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Article4909 2001-11-03 18 Transaction date: Nov 2, 2001 MULTI INDUSTRY 52’Wk Currency last Mft Lev CwpT TraM Sate ♦er'Vol ’000 Day Lew Gr*s Dhr Net tn M Cap Wt Avg Price 92.2 10 c Acma 50c 10.5 -0.5 459 n 10 0.5 4.3 82 n 2 0.5 s4,909 words
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Article1226 2001-11-03 19 52-Wk Currency last High Low Company Traded Sale ♦or 'Vol 000 High Day Low Gi-s Drv Net P/E M Cap $mH Avg Price MANUFACTURING 40.5 12 c AP Oil 5c 14 ♦0.5 85 14 13.5 3.6 12.3 15 168 27.5 C ASAjtOlOc 37.5 -1.5 168 39.5 36 10N1,226 words
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Article235 2001-11-03 19 FINANCE 52-m Hiflt Low Company Currency last Trait* Sale +or'Vol Day Gr’s '000 Hiqh Low Di« Net M Cap P/E Sal wt Avq Price 9210 9210 4830 4820 6890 3830 s IS DJ US Tech 555 440 s IS MSCI Spore.... US4820 +260 ***** 9870 s IS S&P500235 words
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Article164 2001-11-03 19 Transaction date: Nov 2,***** 52-Wk Curr Last High Low Company Traded Sale Vol ♦or'000 Day High Low Gross div Net P/E M Cap $mil HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung Kong50c HK1780 240 3 *****.5 68 5 Citye Solutions Lt. HK45 2 44.6 172.4164 words
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595 2001-11-03 20 COLIN TAN - Fall in home prices gathers pace with varied effects By COLIN TAN PROPERTY CORRESPONDENT FALLING prices in both the private and public housing markets accelerated in the third quarter but the lower prices had contrasting effects on the two markets. Latest official data released last Friday showed private property prices595 words
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452 2001-11-03 20 DENESH DIVYAIVATHAN - By DENESH DIVYAIVATHAN TECHNOLOGY REPORTER MAINBOARD-LISTED ECS Holdings said on Wednesday that it has won sole distributorship rights for selected IBM and Oracle products in China. The deals, which are expected to fetch more than US$l2O million (*****.1 million) in revenues annually452 words
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Article, Illustration427 2001-11-03 20 LEE SI SHYAN - The materials supplier will pay sl4om for three Hong Leong manufacturing firms, which will provide the base for expansion By LEE SI SHYAN CORRESPONDENT HONG Leong Asia (HLA), one of the largest suppliers of building materials in Singapore, is gaining a foothold427 words
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Page 17 Advertisements
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Advertisement17 2001-11-03 17 EDUCATION/ TRAINING The Straits Times Classified. Classifications 703 794. 'C'» C.A.T.S. Buy It. Sell It. Find It.17 words
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Page 21 Advertisements
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Advertisement986 2001-11-03 21 Perkin Elmer is a US MNC listed on the New York Stock Exchange with operations in over 100 countries. An ISO 900 7 ISO ***** certified company with a strong Six Sigma culture, we are world-renowned for our excellence in service and quality. Our Fluid Sciences business serves the aerospace,986 words
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Page 22 Advertisements
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Advertisement1433 2001-11-03 22 TECH FOR GY TUR Future Techno Designs Pte Ltd is a leading design solutions provider in the Asia Pacific region. We are looking for talented outstanding individuals with passion to scale greater heights. If you have been waiting for these challenges, we want to hear from you. SALES MANAGER/SENIOR SALES1,433 words
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FORUM
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336 2001-11-03 23 We should not use our personal grievances or failures as excuses to vote against a good government. I COME from a middle-income household. I pay more taxes, being in a higher tax bracket. I do not enjoy beautiful sheltered walkways, like336 words
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Article90 2001-11-03 23 I WAS already disappointed when the People’s Action Party used public-housing upgrading programmes as carrots in the last election. I thought it would be confined only to those programmes. But now in this election, I see that we even have to vote for hospitals, schools, MRT stations and90 words
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Article, Illustration189 2001-11-03 23 IDO not understand the Singapore Democratic Party’s argument that the NTUC has done little for workers (“NTUC ‘did little to help workers’ ST, Oct 27). I have been a union member for many years. These are some of the things that the National189 words
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514 2001-11-03 23 I REFER to your report, “PAP warns Chee” (ST, Oct 30). 1 am not a supporter of Dr Chee Soon Juan or the Singapore Democratic Party. I agree he had behaved badly and rudely towards Prime Minister Goh Chok Tong, and that he514 words
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712 2001-11-03 24 SOH WEN LIN; and EDNA KOH - United Overseas Bank set to lay 0ff2,000 to avoid duplication after it acquired OUB; but it may delay move after call by NTUC By SOH WEN LIN and EDNA KOH UNITED Overseas Bank (UOB) is set to retrench up to 2,000 staff to cut712 words
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Article, Illustration534 2001-11-03 24 IT IS not every day you see a tree “walk" down the road, and then “fly" 45 m high. But that was exactly what happened over the last weekend. This is the story of how a 50-year-old Malayan banyan tree was uprooted, lifted byCLARACHOW - 534 words