The Straits Times : Weekly Overseas Edition, 22 February 2003
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2003-02-22
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The Straits Times : Weekly Overseas Edition
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Title Section25 2003-02-22 1 The Straits Times Weekly Edition PACIFIC AREA NEWSPAPER OF THE YEAR Saturday, February 22,2003 Price: S$1.20 (in Singapore) Elsewhere by subscription only MITA (P) 098/03/200225 words
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689 2003-02-22 1 NICHOLAS FANG - It says the painful measure' will affect employees across the board ana is needed for it to keep its competitive edge By NICHOLAS FANG TRANSPORT REPORTER FOR the first time ever, employees of PSA Corporation will be laid off. Deputy Prime Minister689 words
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Article, Illustration87 2003-02-22 1 COMMUTERS on Bus 65 from Tampines Interchange enjoyed a sweet treat on Tuesday night when local music group Cherry Chocolate Candy hopped on board as part of the Romancing Singapore festival. Cristal Simon (left), Cheiyl Miles and Claudine Chan conducted a lucky draw, in whichTHOMAS WHITE - 87 words
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Page 1 Advertisements
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Advertisement65 2003-02-22 1 Fund raising Disabled? But We're Able Too Two partially-disabled mountaineers are climbing Mexico’s highest mountain to raise funds to buy a van for a society for the handicapped. page h Research Hope For Bone-Marrow Cancer A Singapore researcher has found a potential cure for a fatal form of bone-marrow cancer65 words
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PRIME
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Article, Illustration478 2003-02-22 2 DAWN WONG - DAWN WONG ONE in 10 people arrested last year was a child between seven and 15 years old. Nearly eight in 10 of these young criminals were students and nearly nine in 10 were first-timers. In all, the police arrested more than 2,200 juveniles478 words
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501 2003-02-22 2 JANE LEE - Seven in 10 polytechnic graduates found jobs within three months last year, with salaries almost as high as in the boom years JANE LEE POLYTECHNIC graduate Ho Soon Meng posted his resume online and landed an engineering job on the same day.501 words
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Article, Illustration463 2003-02-22 2 BEN NADARAJAN - BtC BEN NADARAJAN MR MOTI Melwani, the man who brought Levi’s jeans to Singapore in 1964, died suddenly at home on Wednesday morning, apparently of a heart attack. He was 64. He was found lying on the bathroom floor at about463 words
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Article, Illustration860 2003-02-22 3 LYDIA LIM - In an address to undergraduates, he asks if they are committed enough to fight for a better Singapore as no one else will BtL LYDIA LIM SENIOR Minister Lee Kuan Yew threw a challenge to young Singaporeans on Tuesday night, asking themTIEN CHUNG PINC Photo, HOW HWP.E TOI NC - 860 words
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281 2003-02-22 3 KAREN WONG - Ba KAREN WONG TERRORISM will be around for some years yet, but the threat will fade once the international community dries out sources of funding and places where it can breed. It will be a long and slow process a decade, perhaps longer and281 words
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587 2003-02-22 3 LEE KIM CHEW - BjL LEE KIM CHEW DESPITE the recent spate of high-profile departures of top foreign executives such as Neptune Orient Lines’ chief executive Flemming Jacobs, Singapore will still stick to its foreign talent policy. Senior Minister Lee Kuan Yew stressed this view587 words
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HOME
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Article, Illustration759 2003-02-22 4 GINME TEO - There has been no panic buying of food or rush for gold, the ‘wartime commodity’, while people are continuing to travel GINME TEO WAR clouds may be gathering over Iraq, but here in Singapore most people’s main concern is keeping afloat during these759 words
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219 2003-02-22 4 SIX PEOPLE attempted an an-ti-war protest outside the American Embassy here last Saturday afternoon and were later taken away by the police for questioning. Home Affairs Minister Wong Kan Seng said the six belong to a very small minority. He did not think their219 words
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475 2003-02-22 4 BENNADARAJAN - By BENNADARAJAN SO MUCH for the spirit of sportsmanship among hostel residents at the Nanyang Technological University (NTU). Instead, it is about winning at all cost even if it involves cheating. Hall 2, one of 15 hostels in NTU, was fined $2,000 and475 words
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482 2003-02-22 5 CHANG AI-LIEN - Bug has killed at least five people in Chinese province. Health Ministry on the alert and advises travellers to keep updated CHANG AI-LIEN SCIENCE CORRESPONDENT THE Singapore Health Ministry is on the alert for the mysterious Guangdong bug that has killed at least482 words
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500 2003-02-22 5 ByDENESH DIVYANATHAN - *l By DENESH DIVYANATHAN TECHNOLOGY REPORTER SINGAPOREANS on Monday said “G’day” to a new free-trade mate, with the signing of a pact with Australia that is set to create more jobs and boost businesses ranging from phone companies to flower exporters. The500 words
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Article, Illustration598 2003-02-22 5 M. MRMALA - *L M. MRMALA AS THE fine blend of Chinese and Western-style art in its classrooms testifies, the Nanyang Academy of Fine Arts (Nafa) has been shedding its image as a place only for the Chinese. One Chinese dance class features MissTERENCE TAN - 598 words
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Article, Illustration226 2003-02-22 6 PM Goh shrugs off verbal assault from Dr Mahathir "Many Western leaders employ professional speech writers to give a spin to their positions. Dr Mahathir is a very good spin doctor. Compare him to the best, I think he spins a story very well.Design: RAYMOND LEE Photo: WONG MAYE-E - 226 words
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835 2003-02-22 6 LYDIA LIM - Tense words may have been exchanged, but Mr Goh says that Spore and KL must focus on the positive aspects of ties By LYDIA LIM TEMPTING as it might have been, Prime Minister Goh Chok Tong refused on Sunday to take the Malaysian bait835 words
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578 2003-02-22 8 GINNIETEO - Grocery chain joins partnership Nextmall with Chinese and Taiwanese firms to help run Nextmart in the city of Shaoxing By GINNIETEO CONSUMER CORRESPONDENT IN SHANGHAI MORE than five years after exiting major overseas markets in Malaysia and Myanmar, homegrown NTUC Fair Price is578 words
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488 2003-02-22 8 GOH CHIN LIAN - BIL GOH CHIN LIAN BUS commuters can now get off at the entrance of a bus without risking being charged a second time on their ez-link card. The card reader has been tweaked to identify automatically whether they are boarding or alighting,488 words
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Article, Illustration351 2003-02-22 8 GRACE CHUA - Bjl GRACE CHUA MOUNTAINEERS David Lim and Wong Ting Sern, both partially disabled, are climbing Mexico’s highest mountain to raise funds for the Society for the Physically Disabled. They hope to raise about $lOO,OOO to buy a van for the society. The pair will351 words
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Article, Illustration547 2003-02-22 9 CHANG AI-LIEN - His protein-based drug has to be tested first, but international experts have already described the work as promising BtL CHANG AI-LIEN A SINGAPORE researcher has found a potential cure for a fatal form of bone marrow cancer that strikes 150,000 people around the worldWONG KVVAI CHOW - 547 words
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Page 7 Advertisements
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Advertisement342 2003-02-22 7 3* rr. 'V *9l At SIA. the scholarships we offer will provide you with opportunities for greater academic pursuits. Created to bring out the high achiever in you and designed to help you realise your hopes and dreams, each SIA scholarship is a premier choice. Upon your graduation, you will342 words
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Page 9 Miscellaneous
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Miscellaneous1061 2003-02-22 9 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 Word1,061 words
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COMMENT
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Article572 2003-02-22 10 WEDNESDAY February 19,2003 WHETHER the National Stadium is rebuilt or refurbished, for which reliable cost estimates are $5OO million and $l5O million respectively, is not the question that should drive passions. Last week, Singaporeans heard that the 30-year-old stadium in Kallang will make way for a572 words
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Article610 2003-02-22 10 THURSDAY February 20, 2003 GERMANY has proposed a plan over the Iraq issue that might break the logjam in the United Nations Security Council. It has suggested that Iraq should be subjected to a series of specific disarmament tests in the coming days and weeks, to ascertain610 words
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Article, Illustration783 2003-02-22 10 JASON LEOW - B y JASON LEOW CHINA CORRESPONDENT BEIJING As the world edges closer towards an Iraq war, and possibly a nuclear threat from North Korea, China has chosen to watch quietly from the sidelines. The United States wants China to do more,CHEAH sin ann - 783 words
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COMMENT/PERSPECTIVE
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Article, Illustration929 2003-02-22 11 TAMMY TAN - THE WAY 1 SEE IT By TAMMY TAN YOU read about people who spend beyond their means and think: “How silly-” Then it happens to your friends and you think, gosh how did this happen? And then you start to wonder: Could it happen toLUDWIG ILIO - 929 words
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1002 2003-02-22 11 LESLIE FONG - LESLIE FONG EDITOR-AT-LARGE IMAGINE you can link up all the electricity networks in the world and fire off their combined energy output in a billionth of a second. The awesome power you have so created is likely to be found1,002 words
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INSIGHT
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Article, Illustration1683 2003-02-22 12 In the ranks of jobless Singaporeans stands a growing group that is giving policumakers sleepless nights. They nave Tittle education and out-of-date skills. Insight writer SUE'ANN CHIA analyses the extent ofthe structural unemployment problem here and explores what can be done for workers1,683 words
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Article, Illustration1319 2003-02-22 13 ZI RAIDAH IBRAHIM - THINKING ALOUD By ZI RAIDAH IBRAHIM A RECENT street poll on Singapore’s water woes with Malaysia found heartlanders here rallying behind the Government’s stand. Most of the professionals interviewed were also supportive, but for some, their endorsement seemed more qualified and tentative. The survey1,319 words
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SPORTS
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Article, Illustration560 2003-02-22 14 CHIA HAN KEO. \G - Bjl CHIA HAN KEO.\G BEAT the best of the S-League in just one friendly, and get a $lOO,OOO sponsorship deal in return. Never has such a gauntlet been thrown down to any club since the S-League started in 1996. But that is exactly whatWONG MAYF.-E - 560 words
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525 2003-02-22 14 JEFFREY LOW - Just released, the new Code of Governance has some slamming it for being overly intrusive By. JEFFREY LOW THE eagerly-anticipated Code of Governance (COG) telling national sports associations how to run their organisations in a professional manner was released last week, marking a525 words
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517 2003-02-22 14 G. SIVAKKUMARAN - Btl G. SIVAKKUMARAN BALESTIER KHALSA stunned the local football community on Thursday night when it announced that it had raised a whopping $1.5 million in sponsorships for this year an amount that Football Association of Singapore officials believe is the highest amount raised517 words
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MALAYSIA
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Article685 2003-02-22 15 BRENDAN PEREIRA - Their circulation numbers rise while alternative media are losing readers reflecting a calmer political atmosphere By BRENDAN PEREIRA MALAYSIA CORRESPONDENT KUALA LUMPUR Here is an indication that the political temperature in Malaysia has dropped from the mercury- raising days of 1999: the circulation of mainstream685 words
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301 2003-02-22 15 KUALA LUMPUR A former political secretary to Prime Minister Mahathir Mohamad said the decision to expel Singapore from Malaysia was a “big mistake” by Malay political leaders. Writing in his weekly Catatan Dari Kampung column in Berita Minggu last Sunday, Mr Noor301 words
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Article, Illustration363 2003-02-22 15 The Star/ Asia News Network, New Straits Times KUCHING Six family members, including a woman who was seven months pregnant, died in a fire which broke out while they were asleep in their double-storey wooden house in Sri Aman. Monday’s blaze theThe Star/ Asia News Network,; New Straits Times; SIN CHEW/ASIA NEWS NETWORK; THESTAR/ASIANEWSNETWORK - 363 words
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SOUTH-EAST ASIA
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542 2003-02-22 16 MRMAL GHOSH - Many agree with the hardball tactics used by the police but liberals are concerned about human-rights abuses By MRMAL GHOSH THAILAND CORRESPONDENT BANGKOK Prime Minister Thaksin Shinawatra’s controversial “war” on drugs has spawned concern among Thai liberals over human rights abuses by the542 words
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414 2003-02-22 16 Reuters BANGKOK Hollywood is seeking informers to combat high-tech and often heavily armed Asian gangs who are flooding the world with cheap pirated DVDs and robbing US cinema of US$64O million (SSl.l billion) a year, an industry official said on Wednesday. The MotionReuters - 414 words
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Article, Illustration315 2003-02-22 16 M. NIRMALA - By M.NIRMALA IN SIEM REAP IT WAS the perfect picture opportunity for a group of Singaporeans at the famed ancient temples of Angkor Wat on Wednesday a meeting between President S R Nathan and a group of about 15 Buddhists led by Singapore’s ReverendTAN SUAN ANN - 315 words
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MONEY
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663 2003-02-22 17 THE local bourse turned bullish this week as professional punters such as day traders and proprietary dealers jumped back into the market and pushed the Straits Times Index (STI) up 41.6 points on the week to 1,315.03 although turnover remained light. Average daily663 words
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Article125 2003-02-22 17 WEEK'S TOP RISES Cents Volume ChODBeCW*****6... ***** 975.7 5.9 1,000 VentureCorp25c 1370 110.0 8.7 6,414,000 Creative T 25c 1170 50.0 4.5 943,800 DBS Grp 1040 50.0 5.1 13,301,000 UOB 1110 50.0 4.7 12,817,000 OCBC 900 35.0 4.0 8,557,000 OUE 610 25.0 4.3 504,000 Keppel Corp 50c 394 22.0 5.9 10,504,000125 words
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Article135 2003-02-22 17 WEEK S TOP RISES Cents ■f Volume Ossia Inti 10c 20 60.0 7.5 2,204,000 NH Ceramics 20c 19 58.3 7.0 56,000 Easycall Ale 11 57.1 4.0 5,000 BBR Hldgs 5c 1.5 50.0 0.5 1,420,000 RotollOc 6 50.0 2.0 56,000 Nippecraft 10c 3.5 40.0 1.0 100,000 Noel Gifts 10c 10.5 40.0135 words
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Article128 2003-02-22 17 WEEK'S TOP FALLS Cents Volume SPH100 1800 •30.0 ■1.6 37.500 Spore Land 318 ■6.0 -1.9 430,000 CWT 25c 65 •5.0 ■7.1 22,000 ChuanHup 20c 41.5 •5.0 •10.8 7,002,000 Aspial 20c 26 •3.0 -10.3 174,000 CMPacific 50c 25 •3.0 •10.7 29,000 CSA Hldqs 20c 108 ■3.0 •2.7 39,000 GP Ind 20c128 words
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Article134 2003-02-22 17 WEEK'S TOP FALLS Cents Volume LKN-Primefield20c... 2 -50.0 -2.0 50.000 Penguin W*****0 2.5 -37.5 -1.5 154,000 Chuan SnHuat W03.... 3.5 -36.4 -2.0 16,000 SinSoonH W*****9... -33.3 -1.0 31,000 Strike W*****5 1 -33.3 -0.5 299,000 Craft Print 15c 5 -28.6 -2.0 13,000 Sunway Int'l HKIOc.... 4 -27.3 -1.5 135,000 GMG Global134 words
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Article75 2003-02-22 17 Straits Times Index The Straits Timas Inctex rosa 41.6 points on tha weak to 1,315.03. DAY CLOSE TURNOVER Monday 1301.19 (*27.7) 240.99m (260.29m) Tuesday 1,293.81 (-7.4) 286.05m (215.90m) Wednesday 1,315.53 (*21.7) 205.60m (268.46m) Thursday 1,312.41 (-3.1) 268.92m (319.03m) Friday 1,315.03 (+2.6) 270.05m (249.89m) BT-SRI Index Tha BT-SRI75 words
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Article, Illustration594 2003-02-22 17 NARENDRA AGGARWAL - Unexpected increase in shipments of pharmaceuticals ana electronics products boosts performance in January By By NARENDRA AGGARWAL ECONOMICS CORRESPONDENT SINGAPORE’S all-impor-tant non-oil domestic exports surged an unexpected 18.4 per cent last month compared to a year ago, opening a new window of hope for the594 words
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607 2003-02-22 18 LEESUSHYAN - By LEESUSHYAN COMPANIES CORRESPONDENT CORPORATE scandals in the United States such as Enron have driven up the cost of insurance protection for company directors in Asia and even Singapore by as much as 1,000 per cent, a conference here was told on Tuesday. Hardest-hit607 words
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Article, Illustration662 2003-02-22 18 EDNA KOH - Interest rates are so low that a slight rise in inflation could wipe out any gains; the situation could last for most of this year By EDNA KOH FINANCE CORRESPONDENT THRIFT is good. So you may have been told, but it662 words
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Article, Illustration496 2003-02-22 18 KELVIN WONG - BtL KELVIN WONG SINGAPORE’S largest mobile phone operator, Sing Tel Mobile, has been slapped with a $5,000 fine by the industry regulator for misleading claims in its advertisement. This is the second time within 12 months that a SingTel subsidiary has been penalised496 words
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Page 17 Advertisements
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Advertisement27 2003-02-22 17 Log on to check prices Readers who want to see the latest stock-price and unit-trust listings can log on to the following websites: business-times.asial.com.sg www.asial.com www.fundssupermart.com www.singaporeexchange.com27 words
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FORUM
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447 2003-02-22 19 ALL THAT MATTERED TO THE STUDEHTS INVOLVED WAS WINNING AT ALL COST AND BY ALL MEANS; EVEN IF THE TROPHY IN THIS CASE WAS JUST THE ME OF CHAMPION. I HATE TO PONDER WHAT THEY WOULD DO WHERE IT REALLY COUNIS, THAT IS,447 words
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182 2003-02-22 19 AS AN overseas student in London, I go to The Straits Times Interactive website every day and I have been saddened by reports of the growing tension between Singapore and Malaysia. I was shocked to read Malaysian Prime Minister Mahathir Mohamad’s182 words
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Article, Illustration552 2003-02-22 19 THE recent fire on the subway in Daegu, South Korea, makes one wonder how safe Singapore’s MRT system is. It was reported that the subway controllers cut ofF the power, trapping many passengers as the train doors remained shut. More would have escaped the552 words
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Article208 2003-02-22 19 I REFER to the press reports about couples wishing for countless benefits before they will consider having a child. The wishlist they put forward is quite unrealistic. For example, longer maternity leave will only lead to employers becoming reluctant to hire women of childbearing208 words
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573 2003-02-22 20 JEFFREY LOW - The landmark will be replaced by a $650 million, two-staciium complex better equipped for world sporting events oy 2009 By. JEFFREY LOW THE landmark National Stadium in Kallang will be torn down and replaced by a $650million multi-purpose sports complex, in an573 words
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Article, Illustration649 2003-02-22 20 WONG SHER MAINE - The land will give way to residential development and a park Bn WONG SHER MAINE THE Mount Vernon crematorium and columbarium on Upper Aljunied Road will be closed to make way for new homes, probably in 2005. The Urban Redevelopment Authority (URA) said the wholeLAU FOOK KONG - 649 words