The Straits Times : Weekly Overseas Edition, 5 July 2003
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2003-07-05
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The Straits Times : Weekly Overseas Edition
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Title Section26 2003-07-05 1 The Straits Times Weekly Edition PACIFIC AREA NEWSPAPER OF THE YEAR Saturday, July 5,2003 Price: S$ 1.20 (in Singapore) Elsewhere by subsription only MITA (P) 090/03/200326 words
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Article542 2003-07-05 1 TANTARNHOW - Panel chief hopes people who believe in proposals will step forward, take up their pet ideas and carry on fighting for them By TANTARNHOW SENIOR CORRESPONDENT IF YOU feel passionately that Singapore should open up, have less censorship and care more about the unemployed, you must take542 words
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Article, Illustration478 2003-07-05 1 LEE HUICHIEH - BR. LEE HUICHIEH TO HONOUR the 32 people who died of Sars in Singapore and the health-care workers who led the battle against the virus, the Ministry of Health and the two health-care clusters here will hold a commemorative ceremony on JulyBERITA HARIAN - 478 words
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Page 1 Advertisements
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Advertisement68 2003-07-05 1 Music Mmt Key (Hi A Major Me Piano prodigy Abigail Sin, 11, will now get to pick her choice oTa grand Steinway piano, thanks to a $200,000 youth award. pace 4 St’IENC F. Blood Money A Singapore research team’s discovery about the blood of horseshoe crabs is set to reap68 words
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PRIME
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637 2003-07-05 2 REBECCALEE - Impasse ends with compromise: Pilots will take cuts of 11%-16.5% and up to two days’ no-pay leave each month *L REBECCALEE SINGAPORE Airlines (SIA) and its pilots’ union have broken their impasse over wage cuts and readied a deal, after almost two637 words
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Article, Illustration222 2003-07-05 2 Final deal to be implemented from Tuesday to March 31, 2004: Wage cut of 16.5 per cent for captains and 11 per cent for first officers No-pay leave of up to two days every month ip for all pilots To make up for the wage cuts, a lump-sumCHRISTIAN INTON - 222 words
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605 2003-07-05 2 Ahmad Osman - Ahmad Osman SINGAPORE Airlines this week began offering a special early retirement scheme to senior cabin crew with more than 25 years of service. What is unusual about the offer is that, unlike earlier measures where the payout was capped at 25 months’ pay,605 words
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682 2003-07-05 3 SUE-ANN CHIA - In reply to Remaking Singapore idea, ne said jobs still available; also rejected setting out firm rules for public debate Bjl SUE-ANN CHIA DEPUTY Prime Minister Lee Hsien Loong signalled last Sunday that the Government is not likely to let682 words
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Article, Illustration668 2003-07-05 3 LIXUEYING - Bil LIXUEYING THE Government will support linking up Singapore through a network of light- and heavy-rail systems, and build more train stations so that congestion on the roads will be eased. Though this will not replace cars completely, it will make gettingENRIQUE SORIANO - 668 words
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HOME
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468 2003-07-05 4 TANHUIYEE; and VLADIMIR GUEVARRA - Price index rose 2% last quarter as many buyers, worried about their jobs, moved into cheaper three- and four-room flats By TANHUIYEE and VLADIMIR GUEVARRA DOWNGRADERS are pushing up the prices of resale Housing Board flats, with the hottest action taking place in the468 words
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560 2003-07-05 4 LEONG PIKYIN - *L LEONG PIKYIN CUTTING its workforce by a third has cost the Housing Board $220 million more than twice the amount it anticipated. The exercise, which took place four months after the HDB announced it was going to let staff go, affected560 words
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Article, Illustration283 2003-07-05 4 CRYSTAL CHAN - *L CRYSTAL CHAN PIANO prodigy Abigail Sin, 11, will now get to pick the grand piano she wants from the famed Steinway-Haus in Hamburg. It will cost about $lOO,OOO but the money for her dream piano will come from the $200,000 sheDKSMONO WEE - 283 words
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Article, Illustration574 2003-07-05 5 ALEXIS HOOI - Husband-and-wife team set to profit from work on enzyme substitute, which is being marketed as a diagnostic tool *L ALEXIS HOOI THE husband-and-wife team who first genetically engineered a copy of an enzyme found in horseshoe crabs’ blood is set to profit fromENRIQUE SORIANO - 574 words
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Page 5 Miscellaneous
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Miscellaneous1061 2003-07-05 5 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES IKK) 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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Article547 2003-07-05 6 TUESDAY July 1,2003 THE plodding treason trial in Jakarta of Abu Bakar Bashir has shifted gears. Testimony given by three Jemaah Islamiah (JI) detainees by videolink from their security confines in Singapore has cut through the fog, to judge from reaction by important Indonesian Muslim organisations.547 words
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Article606 2003-07-05 6 WEDNESDAY July 2, 2003 PALESTINIANS and Israelis have in recent days not been shooting one another, but trying to give the basic underpinnings of a future peace a chance. If the supposition sounds convoluted and guarded, just think of what the two sides have committed themselves to.606 words
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1203 2003-07-05 6 h CHI A LEE HOONG - L ife, ain’t an escalator; it’s a rollercoaster SATURDAY With h CHI A LEE HOONG ONE question has been recurring in my mind this whole week: “What manner of creature are we breeding as a country?” In my last column, prompted by the Singapore Airlines pay dispute and, more generally,1,203 words
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COMMENT/PERSPECTIVE
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Article, Illustration817 2003-07-05 7 LORN A TAN - THE WAY I SEE IT By LORN A TAN WHEN I purchased two AIA Choice Life insurance policies in 1996 which were sold with “critical-year” illustrations, little did I realise the controversy I would find myself in seven years later. In March this year, I wroteCIIEAII Sl\ ANN - 817 words
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737 2003-07-05 7 SUNANDA K. D ATT A-RAY - China-India ties: It can be bhai-bhai not bye bye By SUNANDA K. D ATT A-RAY FOR THE STRAITS TIMES THE forgotten 1950 s when India was China’s only non-Communist friend resonated to the slogan, "Hindi-Chini bhai-bhai, Indians and Chinese are brothers”. Then they fell out, and as the then Singapore737 words
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IN Touch With CPF A CORPORATE NEWSLETTER OF THE CPF BOARD
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Article, Illustration347 2003-07-05 8 / 9 Good news, you're now enjoying higher protection at no extra cost under the Dependants' Protection Scheme (DPS)! This optional term-life insurance scheme gives financial protection to about 1.54 million CPF members and their families. As of June 28, the DPS sum347 words
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Article, Illustration490 2003-07-05 8 / 9 Like to spare yourself the hassle of queuing up at our offices? Simple, just go "e". Now, just about everything you need to do with your CPF account can be performed online any time, anywhere! All you need is your SingPass ID* and SingPass490 words
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Article278 2003-07-05 8 / 9 Pise r n S The CPF Minimum Sum has been raised from $75,000 to $80,000 as of 1 July 2003. This applies to members who reach 55 years on or after that date. You can pledge a property up to $40,000, but the remainder of $40,000 must278 words
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Article72 2003-07-05 8 / 9 You have up to 30 September 2003 to withdraw half your net realised profits made on investments under the CPF Investment Scheme-Ordinary Account and discounted Singapore Telecom (ST) shares. No profit withdrawals will be allowed from 1 October 2003. Profits not withdrawn will be retained72 words
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Page 8 / 9 Advertisements
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Advertisement57 2003-07-05 8 / 9 CONTACT US CPF website Dependants' Protection www.cpf.gov.sg Scheme 1800-227 1188 (Code 6) lnsurance@cpf.gov.sg Medisave Scheme Minimum Sum Scheme 1800-227 1188 (Code 6) 1800-227 1188 (Code 5) Healthcare@cpf.gov.sg Retirement@cpf.gov.sg CPF Investment Scheme 1800-227 1188 (Code 4) lnvestment@cpf.gov.sg Nomination 1800-227 1188 (Code 1) Nomination@cpf.gov.sg SINGA» OtiALHY CLASS Take Charge. Plan Early. Secure57 words
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INSIGHT
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Article, Illustration2799 2003-07-05 10 Airlines are swooping in for a piece of trie budget carrier business. Will the proposition take off in Asia as it has in Europe and United States ana does Singapore have no choice but to enter the fray? TAN TARN HOW and REBECCA2,799 words
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1218 2003-07-05 11 IZURAIDAH IBRAHIM - THINKING ALOUD I ZURAIDAH IBRAHIM IN 1987, a group of Internal Security Act (ISA) detainees went on television to confess their alleged involvement in a conspiracy to overthrow the Government and set up a communist state. Barely a year later, nine of the 221,218 words
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SOUTH-EAST ASIA
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Article, Illustration356 2003-07-05 12 DERWIN PEREIRA - But court did not rule whether Mas Selamat Kastari should be extradited to Singapore By DERWIN PEREIRA INDONESI A CORRESPONDENT JAKARTA 'Hie head of the Singapore branch of the Jemaah Islamiah terrorist network was on Tuesday sentenced to l‘/2 years’356 words
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1039 2003-07-05 12 FELIX SOH - ANALYSIS By FELIX SOH IT WAS like searching for a needle in the haystack, but eventually, the needle yielded itself. Careful sieving of data on the thousands of madrasahs or religious schools in Indonesia eventually put researchers on the trail of four which1,039 words
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MONEY
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670 2003-07-05 13 WITHOUT strong market moving news, the Straits Times Index (STI) managed to rise a mere 8.5 points all week to 1,486.24. Local punters were too pre-occupied with new listings which debuted on three consecutive days. Average daily turnover shrank 28.17 per cent670 words
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Article128 2003-07-05 13 WEEK'S TOP RISES Cents Volume ChODBeCW*****6... ***** 507.7 2.7 6,000 TAC BtIO 200 163 59.5 26.4 68,941,800 JMH US25C 400 635 43.8 4.1 273,200 VentureCorp25c 1660 40.0 2.5 4,730,000 APB Breweries 580 35.0 6.4 178,000 Creative T 25c 1440 20.0 1.4 1,470,700 GP Bat 80c 283 20.0 7.6 685,000 GreatEast128 words
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Article138 2003-07-05 13 WEEK’S TOP RISES Cents Volume See Hup Senq W05.. 1.5 200.0 1.0 310,000 Wepco 50c 500 23 58.6 8.5 122.000 HuaKok 5c 7.5 36.4 2.0 3,380.000 El-Nets 1c 2 33.3 0.5 36,012,000 POC Corp 5c 4.5 28.6 1.0 2,082,000 TAC BtIO 200 163 26.4 59.5 68,941,800 BBR Hldqs 5c 2.5138 words
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Article123 2003-07-05 13 WEEK’S TOP FALLS Cents Volume SPH 1850 -20.0 -1.1 3,614,000 SPH100 1840 -20.0 -1.1 64,000 CSC 492 -13.0 -2.6 1,328,000 B Sembawang 1220 -10.0 -0.8 127,000 DBS Grp 1060 -10.0 •0.9 16,034,000 HL Asia 20c 119 •7.0 -5.6 9,356,000 Radiance 12.5c 29 -6.5 18.3 42,256,000 SingTel 15c 150 -6.0 -3.8123 words
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Article133 2003-07-05 13 WEEK’S TOP FALLS Cents Volume Goldtron 5c 2 -33.3 -1.0 61,057,000 Aetna W*****6 1.5 -25.0 -0.5 181,000 Hiap Hoe 0.5c 1.5 -25.0 -0.5 7,570,000 Mediastream 5c 3 -25.0 -1.0 36,483,000 GRP 20c 7 -22.2 -2.0 10,000 Startech 10c 9 -21.7 -2.5 14,455,000 Vicplas W*****9 2 -20.0 -0.5 1,835,000 Radiance 12.5c133 words
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Article75 2003-07-05 13 Straits Times Index TIm Straits Timas Index rose 8.5 points on the week to 1,486.24. DAY CLOSE TURNOVER Monday 1,447.89 (-29.8) 672.72m (522.28m) Tuesday 1,457.18 (*9.3) 568.48m (419.12m) Wednesday 1,477.17 (*20.0) 804.35m (489.89m) Thursday 1,482.93 (+5.8) 1.13b (781.01m) Friday 1,486.24 (+3.3) 828.48m (473.77m) BT-SRI Index The BT-SRI75 words
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Article, Illustration479 2003-07-05 13 AZHAR KH ALI 1 - Drop in cumulative profits of listed firms suggests weaker earnings later in the year; Sing Tel still the most profitable AZHAR KH ALI 1) MARKETS CORRESPONDENT LISTED companies with March as their financial year-end made less money than they did a year ago. These companies recordedCHRISTIAN INTON - 479 words
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Article496 2003-07-05 14 BRYAN LEE - Riding on increases in export orders, the PMI climbs past the 50 mark and is likely to stay there this year, economists say By BRYAN LEE BLUE skies appear to be on the horizon for the mainstay of Singapore’s economy manufacturing. Following three consecutive months496 words
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483 2003-07-05 14 COLIN TAN - By COLIN TAN M A R K I I S COR R I N I*o I) l'\ l SHARES of w*ater-treatment firm Eco Water made a sparkling debut on on Tuesday, rising an impressive 134 per cent over its offer price making the483 words
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Article, Illustration620 2003-07-05 14 NICHOLAS FANG - h. NICHOLAS FANG TRANSPORT REPORTER SINGAPOREANS who want to go to Kuala Lumpur but don’t want to drive or fork out around $l5O for a standard air ticket may soon have another option. Air Asia, Malaysia’s budgetI.All POOR kONC - 620 words
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Page 13 Advertisements
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Advertisement27 2003-07-05 13 Log on to chock 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.ftindssupermart.com www.singaporeexchange.com27 words
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FORUM
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Article485 2003-07-05 15 WE REFER to the letter, “Why have markers?”, by Mr Thomas Koshy (ST Weekly, June 28). We agree with Mr Koshy when he says that “avoiding public discussion of what are considered explosive issues only means that society never gets a chance to485 words
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Article, Illustration93 2003-07-05 15 I am appalled by the multitude of stickers that line the fences, lamp posts and dustbins near Lucky Plaza, discarded by visitors to Mount Elizabeth Medical Centre who have had their temperatures checked. Such behaviour paints us as ugly Singaporeans. You won’t see this in other93 words
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Article265 2003-07-05 15 I REFER to the commentary by Ms Chua Lee Hoong, “Life ain’t an escalator; it’s a rollercoaster” (Page 6). I am extremely disturbed by the views of the second lieutenant who was “forced to serve’’ national service. It is distressing that, as265 words
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463 2003-07-05 15 I REFER to the article, “Lucky 33... get go-ahead to run carpark food vans, but 998 lose out” (ST Weekly, June 22). While I am encouraged by the overwhelming response from the public, I am appalled by the way the Urban Redevelopment463 words
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604 2003-07-05 16 TAN TARN HOW - SM Lee says the next generation must maintain edge and be different, ‘a First World oasis in a Second World region’ TAN TARN HOW SENIOR CORRESPONDENT SINGAPORE’S future lies in maintaining an edge over other countries, so that it can continue604 words
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Article, Illustration272 2003-07-05 16 THE preview of the Sotheby’s-Lee Kuan Yew Family Collection auction at The Fullerton Singapore Ballroom attracted a curious crowd of about 250 people on Thursday. They were there to check out the items that will go under the hammer today at the sameI.IANHE ZAORAO - 272 words
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328 2003-07-05 16 VLADIMIR GUEVARRA - By VLADIMIR GUEVARRA MORE than 1,000 people have signed up for the preview of NTUC Choice Homes’ latest condominium project in Ang Mo Kio something which has been practically unheard of in recent months. The strong show of interest for the 99-year-leasehold Grandeur328 words