The Straits Times : Weekly Overseas Edition, 10 November 2001

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Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 18 1 The Straits Times Weekly Edition Saturday, November 10,2001 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA 304/03/2001
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  • 973 1  -  Biggest margin of victory for PAP since 1980 Opposition's Low, Chiam keep seats by thinner margins Chee Soon Juan's team beaten soundly in Jurong Ss. ZU RAID AH IBRAHIM THE People’s Action Party on Polling Day scored a landslide victory in the 2001 General Election
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  • 31 1 WPLJBjp sjBjpSSLMMf Biggest win Constituency AYER RAJAH 88% Narrowest win Constituency POTONG PASIR s Best performing loser who qualifies for NonConstituency MR seat Constituency CHUA CHU KANG 34.7%
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  • Page 1 Advertisements
    • 59 1 Housing Going Green Skywards The greening of Singapore is poised to spread skywards in high-rise Housing Board blocks if a pilot project proves successful. PAGE 8 S-LEAGUE AWARDS No Jinx, Just A Big Win The jinx did not strike. And Indra Sahdan Daud wins the S-League’s Young Player of the
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    • 2 1 8"*****1 *****6
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  • GE 2001
    • 450 2 He says his top priority is to have a smooth transition to the ministerial team of the future by the next General Election PRIME Minister Goh Chok Tong said on Sunday morning that his most important task is to ensure that a good
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    • 270 2 THE resounding victory of the People’s Action Party in the General Election would not have been possible without the full support of the Malay/Muslim minority, said party leaders last Saturday night. Deputy Prime Minister Lee Hsien Loong said the strong support was evident in
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    • 989 2 Prime Minister Goh Chok Tong and 15 of his colleagues met the media for his traditional post-election press conference on Sunday morning, just before 1 am. Below are excerpts from his address “This General Election was held in rather unusual circumstances. Singapore was in
      GEORGE GASCON  -  989 words
    • 363 3 MR LIM Boon Heng and his Jurong GRC team last Saturday bested Prime Minister Goh Chok Tong’s and his own target by clinching a resounding victory with 79-8 per cent of the valid votes cast in the workingclass constituency His PAP team, composed
      HOW HVVEE YOUNG  -  363 words
    • 321 3 THE chiku of Hougang was not yet ripe for the plucking by the People’s Action Party yesterday when Workers’ Party chief Low Thia Khiang managed to retain his seat. He beat the PAP’s new face, Mr Eric Low, with 55 per cent of the
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    • 518 3 PAP clinches 76.9% of GRC votes on average an improvement of 10.3 percentage points on the last election ONCE again, the GRCs, or group representation constituencies, proved to be the graveyard of the opposition. With consummate ease, the People’s Action Party (PAP) buried the teams put
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    • 396 3 IT WAS the toughest battle between two political contenders in this General Election and for nearly four hours after voting ended at 8 pm, both sides remained tense as the count began. Mr Chiam See Tong, 66, leader of the Singapore Democratic Alliance
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    • 1001 4 Thirteen political contests for the hearts and minds of the people were decided at the ballot boxes last Saturday Votes: 15,024 Votes: 2,057 SINGLE-MEMBER CONSTITUENCIES I MMI No. of voters: 18,475 Votes cast: 17,420 Spoilt votes: 339 Valid votes: 17,081 Winner's majority: > 12,987 Winner's share of
      Design: PETER WILLIAMS  -  1,001 words




  • HOME
    • 457 6 Goal will be to save jobs by proposing wage cuts where necessary; cut in employers’ CPF rates to be discussed THE National Wages Council is likely to meet in two weeks to discuss how companies can deal with wage costs amid the worsening recession.
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    • 475 6  -  By SUE-ANN CHIA and LAUREL TEO THE only way for the National Wages Council (NWC) to stave off retrenchments is to propose a wage cut, say business groups and economists. If it does, it will be the second time in the council’s 29year
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    • 505 6  -  By KOH BOON PIN CONSUMER CORRESPONDENT CARS will be welcomed into Sentosa during the day from today in a bid to boost flagging visitor numbers. The move, which comes three years after the successful introduction of a night-time car-entry scheme, should finally put a lid
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    • 494 7  -  It will study such schemes in the US, which give credits for volunteer work that can be exchanged for health benefits By] LIANG HWEE TING A MINISTRY of Health (MOH) team will be jet-set-ting across the United States next year. The purpose: to
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    • 232 7 THE Partners in Care programme in Maryland is a service credit-exchange scheme to link up the frail elderly with neighbours who are willing to help them with occasional tasks and errands. Participants may provide or receive services, or both. Services provided include grocery shopping, transport, handy-man
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    • 334 7  -  BiL JANE LEE THE fast-rising principal of Commonwealth Secondary is set to break another record of sorts. Mrs Lim Lai Cheng, 37, is due to become the youngest person to head a junior college here when she moves to Temasek Junior College
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    • 299 7 VETERAN opposition politician J.B. Jeyaretnam is suing a third former Workers’ Party (WP) colleague to raise money towards the $570,000 sum that he owes to eight people. This time, he wants the party’s former treasurer, Mr A. Balakrishnan, to pay him $190,000. The
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    • 397 8 Experiment in draping plants over HDB balconies may be extended islandwide under Clean and Green Week initiative THE greening of Singapore is Eoised to spread skywards in igh-rise Housing Board blocks if a pilot project is successful. Under a trial programme launched as
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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
    • S-LEAGUE AWARDS NIGHT
      • 506 9  -  Unlike previous winners, SEA Games skipper has stayed out of trouble ana nad a good season *!L CHAN TSE CHUEEN THE jinx did not strike. And Indra Sahdan Daud, the SLeague’s SembCorp Gas Power Young Player of the Year for the
        LIM SIN THAI  -  506 words
      • 372 9  -  By TAY CHENG KHOON DEPUTY SPORTS EDITOR HIS team may have been thrashed 0-8 in the Singapore Cup final against Home United last Sunday. But that did not stop Geylang United’s Jang Jung from being named the Compuware Coach of the
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      • 481 9  -  By] PHILIP ALLEN BEFORE heading for Raffles Hotel on Wednesday night, Daniel Bennett had first to pack all his suitcases. For there was hardly time between winning the NTUC Income Player of the Year award and flying off to England at 7-45 on
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  • MALAYSIA
    • 783 10 Proportion of bumiputeras has increased sparking concerns that Chinese and Indians may lose their political influence The Star/ Asia News Network, New Straits Times KUALA LUMPUR The number of Malays and other indigenous groups has gone up by 4.5 per cent in the past 10
      The Star/ Asia News Network,; New Straits Times; RAYMOND LEE and; LIM YONG  -  783 words
    • 433 10 AP KUALA LUMPUR Government and church officials have urged Malaysians to safeguard religious tolerance amid fears that recent fires at four churches could have been arson attacks. “We believe in national harmony and living in peace and we certainly want to make that
      – AP  -  433 words

  • SOUTH-EAST ASIA
    • 443 11  -  By ROBERT CO STRAITS TIMES INDONESIA BUREAU JAKARTA Chinese Prime Minister Zhu Rongji, the first senior Chinese leader to visit Jakarta since diplomatic ties resumed in 1990, on Wednesday announced a 40-million-yuan (SsB.9-million) gift to aid Indonesia’s infrastructure development. Officials accompanying
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    • 427 11  -  By IGNATIUS STEPHEN IN BANDAR SERI BEGAWAN BRUNEI’S Sultan Hassanal Bolkiah has announced a Bsl billion (Ssl billion) budget allocation for projects to boost the sagging economy, and has also stepped in to save the ailing car industry by slashing vehicle import duties
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    • 446 11  -  Jakarta police hope to arrest all the people-smuggling ring members as they nunt for others from Middle East By By MARIANNE KEARNEY STRAITS TIMES INDONESIA BUREAU JAKARTA Stung by the criticism of its inaction, Indonesian police on Wednesday arrested an Egyptian allegedly
      AP  -  446 words

  • COMMENT
    • 575 12 TUESDAY November 6,2001 ASEAN refuted predictions of its death when the end of the Cold War failed to dissolve it. The reason was simple. Although the organisation of non-communist South-east Asian states was set up in 1967 during the Cold War, much more than the global contest
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    • 591 12 WEDNESDAY November 7,2001 THE United States government’s anti-trust suit against software giant Microsoft is on the way to a settlement. The deal is subject to approval by a court, and may still be derailed by some of the 19 states that had filed a parallel suit against the
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    • 958 12  -  By- ANDY HO SINGAPORE’S competitiveness is slipping, if the World Economic Forum’s 2001 Global Competitiveness Report is to be believed. From No 9 to No 10, as to its current competitiveness, and from No 2 to No 4, regarding how well it
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  • COMMENT / PERSPECTIVE
    • 944 13  -  MY VIEW B V ANDY HO SEPT 11 was not so long ago. But the bombardment of Afghanistan now hogs the headlines so people are apt to forget for a moment it was Osama bin Laden and his co-conspira-tors who caused the carnage
      LUDWIG ILIO  -  944 words
    • 871 13  -  HEART TO HEART With With ASAD LATIF SINGAPOREAN Siti Hamidah Bahashwan, who was in the United States when terrorists hit New York and Washington, visited a Jewish friend’s family in San Diego soon after the attack. The friend had lost her brother, a
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  • INSIGHT
    • 2097 14 Singaporeans went to the polk last Saturday after eight days at the hustings. Our senior correspondent CHUA LEE HOONC gives the highlights and defining moments THE rallies are over. The lorries and loudhailers have been set aside. The day of reckoning has come
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    • 1222 15  - Lucky you who cast your vote in Singapore THINKING ALOUD By ASAD LATIF THANKS to the People’s Action Party and the opposition, I did not casting my vote last Saturday. The Group Representation Constituency (GRC) to which I belong saw a walkover on Nomination Day. What a pity. I, a
      NOEL ROSALES  -  1,222 words


  • MONEY
    • 284 16 CONCERNS over dwindling corporate profits at home kept investors skittish for most part of this week but a strong rebound on Friday boosted the Singapore market to end the week on a firmer note. The benchmark Straits Times Index (STI) fell 69.68 points to 1,341.57
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    • 77 16 Straits Times ladex TIm Straits Timas Index rose 21.20 points on the weak to 1,362.77. DAY CLOSE TURNOVER Monday 1,340.49 1.08) 200.57m ($285.17m) Tuesday 1,335.01 5.48) 243.00m ($433.30m) Wednesday 1,328.50 6.51) 190.40m ($276.80m) Thursday 1,332.91 6.51) 204.30m ($315.20m) Friday 1,362.77 (*29.86) 277.82m ($435.99m) IT-SRI ladex The BT-SRI
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    • 440 16  -  91% of them incurred losses in third quarter but most still post a return over a 3-year period By LORNATAN CORRESPONDENT A STAGGERING 91.2 per cent of Central Provident Fund (CPF) approved unit trusts lost money in the third quarter in their worst
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    • 437 16 Company Date ann Net earn TY LY ($m) (Sm) EPS TY (cts) LY (Cts) Ascott Grp 30-Oct 036.795 ***** 0.44 1.18 Acma 26-Sep 1 4.761L 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 6.366 031 1.4 BBR Hldgs 30-Sep 1 19.793L
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    • 171 16 BONUS ISSUE Company Ratio Exdate Books dose Acc Paymt IRE Corp onefor-four 13-Nov 19-Nov NA Total Auto one-for-two 04-Oct 09-Oct NA RIGHTS ISSUE ExBooks Acc ft Company Ratio date dose Paymt GES hrtnl one-for-five©50 30 27-Nov 30-Nov l-One.Net one-for-two ©50 05 23-Oct 26-Oct OTHERS ExBooks Acc Company Ratio
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    • 218 16 Company Place Date Time l-One.Net A 8th Floor Boardroom 1 Kallang Way 2A Communications Techno Centre 03-Dec 10.00am turn Chang A 38 Kim Tian Road 30-Nov 10.15am Hldgs E #03-00 Kim Tian Plaza 10.45am Health Mgt A 363 Balestier Road 26-Nov 11.00am Intnl Balestier Hospital Char Yong Auditorium
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    • 398 16 Payment (cts) Ex data Books dose Pay date Amtek 20c F 0.8TE 06-Dec 11-Dec 20-Dec 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 06-Nov 28-Nov Ban Joo 5c b 0.245 05-Dec 10-Dec 21-Dec BMT $10 F
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    • 673 16 Stack Tram Date Sebsantial Shareholder! Director fs Cam No of Shares DM Price Per ShrS Shareholding Before After eooo) cow Kim Eng Hidgs 30-0ct-01 Gold Peak Ind Buy 15 0.59 ***** 9.7 ***** 9.7 GP Bitter 29-OctOI Gold Peak Ind Buy 0 1.55 0 0.0 0 0.0
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    • 1400 17 UNIT TRUSTS FUNDS UNIT TRUSTS Aberdeen Asset Mqt Asia Ltd Aberdeen Select Portfolio: American Opport Fd 0.727 /0.765 China Opportunities Fd!** Cont Euro Eqty Fd!** Global MNC Fd 0.862 /0.906 0.955/1.004 0.645 /0.678 Global Technology Fd!** Indonesia Equity Fd!** Japan Eqty Fd!** 0.518 /0.545 0.574/0.604 1.032 /1.084 Philippine Equity Fd!**
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    • 122 17 Foreign Currency Note Rates (9am, Nov 9) Buying OD Selling Singapore dollars to one unit of foreign currency 0.9570 Sterling pound 2.6320 2.6600 1.8260 Singapore dollars to 100 units of foreign currency Austrian schilling 11.68 11.93 Chinese renminbi 22.00 22.30 22.03 Deutschemark Finnish markka French franc 82.60 27.05 24.60
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    • 4939 18 Transaction date: Nov 9, 2001 MULTI INDUSTRY 52-Wk Currency last High Law Company Traded Sale ♦or'Vol 000 Hi# Day Law Cr** Dhr Net P/E M Cap Sm* Wt Avg Price 92.2 10 c Acma 50c 10 -0.5 595 10.5 10 0.5 4.1 78.1 10 41
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    • 1271 19 52-Wk Currency last Hi«h Lew Company Traced Sait +er'Vol '000 Day HigR Lev Gr*s Div Net P/E M Cap Sarii Wt Avq Price MANUFACTURING 40.5 12 c APOil 5c 13.5 ♦0.5 18 13.5 13.5 3.5 11.8 14 168 27.5 c AS Auto 10c.40 ♦1.5 71 40 39.5 10N
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    • 221 19 FINANCE 52 -m High Low Company Currency last Traded Sate ♦ec'Vol '000 Day Gr*s High Low Div Net M Cap P/E $Mil Wt Avg Price 555 440 sISMSCI Spore... ***** 9870 s IS S&P500 ***** 9950 s SPDRS US450 US***** US***** STOCK PRICES LEGEND Straits Timas Index Stocks
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    • 163 19 Transaction date: Nov 9, ***** 52-Wk High Low Curr Last Company Traded Sale Vol ♦or•ooo Day High Low Gross dlv Net P/E M Cap $mil HONGKONG STOCKS Cathay Pac 20c HK720 265 6 *****.2 Cheung Kong50c HK1780 240 3 *****.5 68 5 Citye Solutions Lt, HK45 2 44.6
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    • 640 20  -  They are seen as taking advantage of the current low interest rates, and SMRT is set to jump on the bandwagon By Bij DEMESH DIVYANATHAN and EDNA KOH BOND fever seems to have gripped Singapore’s biggest companies. Even as Singapore Telecom (Sing
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    • 500 20  -  NICHOLAS FANG TRANSPORT REPORTER NEPTUNE Orient Lines (NOL), the world’s sixth-larg-est container shipping group, is raising rates but declined to say if this would prevent it from falling into the red. Group president and chief executive officer (CEO) Flemming Jacobs said at a briefing on
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    • 310 20  -  By COLIN TAN PROPERTY CORRESPONDENT CENTREPOINT Properties’ foray into the Australian market is expected to ring in As7s million (Ss69 million) in sales. Two-thirds of the group’s waterfront project in Sydney have been snapped up in a soft launch, according to sources.
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  • Page 21 Advertisements
    • 878 21 i i SI I The Straits Times Weekly Edition H mi r m wm you s .:v: a i n T m ...g* s Yes? Then gear up for a and enriching career. Assistant Manager, Corporate Communications You will be part of the Corporate Communications team responsible lor undertaking corporate
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  • Page 22 Advertisements
    • 1128 22 I Kimberly-Clark Singapore Are you ready for a world-class career? Kimberly-Clark is a world leading. Fortune 100 consumer goods company with sales of US$l4 billion and brand presence in more than 150 countries. Organised into three core businesses tissue, personal care and health care products is our global team of
      1,128 words

  • FORUM
    • 743 23 I REFER to Mr Dennis Tan’s letter, “Foreign-talent policy lacks clear criteria” (ST, Oct 23); Mr Cheng Shing Chow’s letter, “Foreign-talent policy needs to be explained” (ST, Oct 25); and Mr Michael Wee Swee Poh’s letter, “Make clear criteria on foreign talent”
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    • 315 23 WE REFER to the letter, “Noble effort to preserve grand old tree” (ST, Nov 1). We thank Mr Philip Siow Khing Shing for his feedback. We are heartened by his letter as he obviously takes pride in the green heritage of our rapidly urbanising
      NATIONAL PARKS BOARD  -  315 words
    • 177 23 THE Sept 11 attacks on the United States have dealt an unprecedented blow to global businesses. Corporate incentive programmes, business meetings, and exhibition and convention participation have come to a virtual standstill. In the US alone, this “inertia” has led to an unimaginable loss of jobs
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    • 181 23 PRIME Minister Goh Chok Tong showed tremendous political courage and leadership when he called the General Election amid growing unemployment, economic uncertainty and a recession. He trusted in the good judgment and common sense of Singaporeans. And a grateful people responded on Nov 3 with
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  • 485 24  -  Higher premiums the result of sharp rise in claims by unhappy Eatients and more compensation anded out by the courts By SALMA KHALIK HEALTH CORRESPONDENT DOCTORS will have to pay substantially higher premiums next year to insure themselves against negligence claims from patients and patients’
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  • 555 24  -  1981 Cultural Medallion winner dies in his sleep on Sunday Bt/\ SAMUEL LEE SINGAPORE lost one of its most eminent sculptors on Sunday. At about 11 am, Mr Ng Eng Teng died in his sleep at Studio 106, a kampung house at 106
    STEPHANIE YEOW  -  555 words