The Straits Times : Weekly Overseas Edition, 2 April 1988
1988-04-02
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-04-02 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, APRIL 2, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 222/8/8720 words
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Article, Illustration1058 1988-04-02 1 Bill will enable the Government to confiscate the ill-gotten wealth o£ bribe-takers even i£ they are dead SINGAPORE has to be ready to adopt any new weapons that will serve as further deterrents against corruption if it is to preserve its “special reputation” as a1,058 words
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Article90 1988-04-02 1 ALL MRT train drivers were back at work on Thursday after about 30 of them went on medical leave on Wednesday in an unofficial protest over allowances and other benefits. But the train services were only minimally disrupted as nine senior staff helped out during90 words
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Article, Illustration581 1988-04-02 1 10,000 in proRazaleigh demo in Kelantan KOTA BARU will say that I am.” Bernama, AFP, NST. NEARLY 10,000 people gathered outside the Balai Islam complex here yesterday and police had to step in when a section of the crowd became unruly. The crowd shouted for Kelantan Mentri Besar Datuk Hajiwill say that I am.” — Bernama, AFP, NST. - 581 words
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Article342 1988-04-02 1 NST. KOTA BARI Former Trade and Industry Minister Tengku Razaleigh Hamzah yesterday said neither he nor his supporters were involved in attempts to topple kelantan Mentri Besar Datuk Haji Mohamed Yaaeoh. At a press conference at his residence, he also said he had no intentionNST. - 342 words
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Page 1 Advertisements
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Advertisement73 1988-04-02 1 INSIDE Four-page pullout oo the KL White Paper HOME NEWS Parliament PAGES 2 3 Ministry eases job rules for Malaysians PAGE 5 S'porean designs uniforms for British airports staff PAGE 7 ACROSS THE CAUSEWAY/ ASEAN Star is back after 5-month ban PAGE 8 COMMENT/ Perspective From the Cabinet to laundry73 words
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Advertisement11 1988-04-02 1 aE&*aaaa* Bib? JM» Ul nM.A**«fenr B < Membership has its privileges s11 words
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Parliament
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Article, Illustration1090 1988-04-02 2 But Yock Suan makes it clear he does not favour the idea YIF2LDING to pressure from MPs, Labour Minister Lee Yock Suan this agreed to restudy the question of allowing the use of Central Provident Fund savings for tertiary1,090 words
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546 1988-04-02 2 FOUR Members of Parliament citing poor progress in the move to raise the retirement age to 60, urged the Government to legislate the change. But, while acknowledging that there is still “a long way to go,” labour Minister Lee Yock Suan told546 words
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384 1988-04-02 2 SEVEN out of 10 applications by foreign workers to marry Singaporeans arc given the go-ahead, Labour Minister Lee Yock Suan said. Rut this fairly high success rate should not he misconstrued as a sign that future cases would get approval easily,384 words
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Article, Illustration931 1988-04-02 3 Of sumo wrestlers, big guys, little guys, dreams and the retail trade THIS is a story about sumo wrestling, big guys and little guys, and dreams. Hut mostly, it is about Singapore’s retail trade. It started with Dr Ow Chin Hoek (I,eng Kee) raising a question he asked last year:931 words
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Article, Illustration420 1988-04-02 3 From start to finish, parliamentary debate on the Trade and Industry Ministry’s budget proved to be a battle of wits between Minister Lee Hsien Loong and MP Augustine Tan (Whampoa). A sampling of some choice bits: On Singapore’s ability to420 words
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432 1988-04-02 3 A QUARTER of a million people that is roughly the size of Singapore's pool of potential immigrants, according to Home Affairs Minister S. Jayakumar. Since it is so large, and Singapore is a small, dense-ly-populated island with scarce resources, the Government has to432 words
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Article121 1988-04-02 3 THE first eight Housing Hoard apartment blocks with air-raid shelters in Pasir Ris and Jurong West estates will he completed bv the end of this year. And by 1993, about 829 HIHt blocks with shelters would ha\e been built under Phase One of the121 words
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HOME
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Article, Illustration653 1988-04-02 4 BERTHA HENSON - Singapore yet to reach its peak in development Goh He's confident Republic won't lose its momentum after Lee steps down By BERTHA HENSON FIRST Deputy Prime Minister Goh Chok Tong is confident that Singapore has not yet reached the peak of its development and that it will continue to go653 words
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Article, Illustration153 1988-04-02 4 ONE of the prison officers who narrowly escaped death during the Pulau Senang prison riots in 1963. Mr J. W. Tailford. died of cancer last week. He was 64. Mr Tailford was chief officer at the penal settlement when about 300 inmates153 words
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307 1988-04-02 4 CATHERINE C. ONG - By CATHERINE C. ONG KHOO Ban Hock, former chairman of the National Bank of Brunei, has filed an appeal against his four-years’-plus-four-months’ sentence for offences committed in a bil-lion-dollar fraud case. The appeal hearing has been fixed for the third week of May,307 words
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Article170 1988-04-02 4 A CAUSEWAY will link SentMt to the mainland by lMt, Mr Eugene Yap. Senior Parliamentary Secretary (Trade and Industry), told Parliament last week when he outlined tourism plans (or the Island and elsewhere. He did not provide details bat a Public Works Department newsletter reported170 words
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196 1988-04-02 4 AGNES WEE - By AGNES WEE. Guangzhou SIN(iAI*OKKANS visiting Guangzhou, China, who suddenly develop a craving for fish head curry, hak kut teh, or satay hee boon, don’t have to wait till they fly hark to Singapore to satisfy the urge. They ean simply196 words
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381 1988-04-02 4 SINGAPOREAN workers should lx* trained to be multi-skilled and be able to perform as many as three to four jobs on the shop-floor. This is a major challenge facing Singapore, said Mr Mah Bow Tan, chairman of the National Productivity Board, in381 words
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Article159 1988-04-02 4 THE total number of visitors in January increased by more than 43,000 over the same month last year. The Singapore Tourist Promotion Board’s latest monthly report, which gives January's figures, also revealed a 26 per cent increase in the number of visitors from Japan over January last159 words
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436 1988-04-02 5 3-year work permits for applicants with at least 5 O-levels THE I .ahour Ministry will allow Malaysians with at least five GCE O-level passes to apply straightaway for a longer-term work permit valid for three years. The change is expected to make it easier436 words
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Article281 1988-04-02 5 ISMAIL KASSIM - By ISMAIL KASSIM KUAI.A LUMPUR Bank Negara Governor Tan Sri Jaffar Hussein has welcomed the move by Singapore last week to relax its employment rules for Malaysians to take up jobs in any sector including retailing. He described it as a positive move that should281 words
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Article, Illustration117 1988-04-02 5 FORMER stockbroker Lin Tail llwa (above) was charged in court this week with causing grievous hurt to a lawyer by iracturing his jaw. Lin, 13, is said to have punched Mr Raymond Szetu Mel Thong, 37, at the Goodwood Park Hotel117 words
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383 1988-04-02 5 GILLIAN POW CHONG - By GILLIAN POW CHONG MANDATORY Aids screening is being carried out on expatriate senior executives in a Singa-pore-based foreign company and other firms are considering doing the same, it is learnt. The tests are done by a private doctor who383 words
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Article, Illustration296 1988-04-02 5 FORMER Dah Yung Investment executive director David Cheng Heng Soon was charged this week with nine counts of criminal breach of trust totalling over $5 million in company funds. Cheng, 34, is alleged to have dishonestly disposed of money belonging to Dah296 words
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286 1988-04-02 5 THE Government has agreed to forego interest for the loan it gave to the Singapore Sports Council to build the National Stadium. said Community Development Minister Wong Kan Seng. But the outstanding interest of about $845.00(1 still had to be paid, he286 words
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Article116 1988-04-02 5 TWO robbers, armed with a parang and an axe, escaped with $200,000 worth of watches from Isetan at Wisma Atria, Orchard Road, last week. The “one-minute” robbery left the staff and shoppers stunned. One robber held a parang to the throat of a saleswoman on duty at116 words
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148 1988-04-02 5 THE trial of former PanElectric Industries director Peter Tham will open on Aug 10. Tham is charged with 10 counts of abetment of criminal breach of trust and criminal breach of trust involving nearly $lOO million belonging to PanEl. Deputy Public Prosecutor148 words
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Article, Illustration421 1988-04-02 6 Only Asian country to win full marks from Fortune magazine SINGAPORE was the only one to score triple ‘A’ in an investment attractiveness rating of 17 Pacific Rim countries by Fortune magazine. The A's are for receptivity to foreign investment, political stability and421 words
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Article, Illustration434 1988-04-02 6 Sivam Subramaniam - By Sivam Subramaniam MANUFACTURERS here are welcome to relocate their plants across the causeway to take advantage of Malaysia's status as a US Generalised Scheme of Preference (GSP) beneficiary, said its Trade and Industry Minister. This way, they can continue to enjoy434 words
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70 1988-04-02 6 AN UNEMPLOYED man has been charged with the murder of his wife, who was a nightclub waitress. No plea was taken from Loo Beng Hoe, 37, who is alleged to have murdered Madam Chan Siew Ying, 30, in his Kampong Kayu Road flat70 words
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Article171 1988-04-02 6 A MAN was so depressed because his girlfriend’s parents objected to their marriage that he practised how to hang himself before he finally did it on Oct 19 last year. A coroner’s court heard that Rajendran Raju, 28, a Malaysian who worked in a factory here,171 words
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142 1988-04-02 6 CIGARETTE retailers in Singapore have been asked to quit for just one day. The World Health Organisation has declared April 7 World No-Smoking Day and, among other things, has urged its member countries to encourage vendors to voluntarily stop selling all142 words
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399 1988-04-02 6 ALVIN TAY - By ALVIN TAY, in Business Times BANKS IN SINGAPORE have been asked to join in the national talent hunt for foreign financial professionals, especially those trained in treasury operations, fund management and bank computer services. In a recent circular sent to399 words
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153 1988-04-02 6 A BRANCH manager of Standard Chartered Bank cheated his employer after he gambled away more than $lOO,OOO in personal savings, a court heard. Phua Swee Lee, 37, was jailed 18 months for criminal breach of trust involving more than $700,000. Phua, manager of the153 words
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Article78 1988-04-02 6 ONLY three traffic lights break down on an average day out of the Mi Singapore, said Mr Lee Boon Yang, the Minister of State (National Development), told Parliament this week. He said the M. 7 per cent reliability rate was close to the limit of what78 words
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515 1988-04-02 7 RAV DHALIWAL; and YAW YAN CHONG - ‘Abnormal’ number of MCs By RAV DHALIWAL and YAW YAN CHONG DRIVERS of MRT trains wont on an ‘‘unofficial protest" on Wednesday when more than half of them due for work took sick leave, forcing senior staff to take515 words
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Article, Illustration266 1988-04-02 7 SHIRLEY DAVENPORT - By SHIRLEY DAVENPORT LONDON Singapore fashion designer Benny Ong has created a new British Airports Authority uniform in navy blue, grey and green to be worn at seven airports from July. Mr Ong, who rose to become one of the top 10266 words
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Article, Illustration344 1988-04-02 7 ELIZABETH Taylor and tycoon publisher Malcolm Forbes are flying into town next month on a businesscum pleasure visit. The actress and the 68-year-old multi-millionaire will arrive in Mr Forbes’ Boeing-727, Capitalist Tool, on April 6. And they will party on his344 words
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Article181 1988-04-02 7 BUSINESS WEEK International, a New Yorkbased weekly, will close its two-person Singapore bureau by the end of this month the third foreign publication to do so this year. Miss Cheryl Debes, the magazine’s correspondent here, said yesterday that the move was a "cost-cut-ting” measure. ‘‘l181 words
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Article, Illustration282 1988-04-02 7 WOMEN form more than half of the 69,494 officers in Divisions One to Four in the civil service. Their numbers come close to those of men in all four divisions. In Division One, they form nearly 50 per cent while282 words
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across the CAUSEWAY
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Article, Illustration505 1988-04-02 8 Youth, Wanita heads may be chosen KUALA LUMPUR NST. UMNO BAKU (Now Umno) Youth and Wanita heads and deputy heads may be chosen through musyawarah (consultation) among the elected members of their respective national committees This proposal is expected to be discussed at theNST. - 505 words
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175 1988-04-02 8 Kahmat (Pulal). Bernama. JOHOK BARI The former minister in the Prime Minister’s Department, Datuk Abdul Ajih Ahmad, has been dropped as New I mno Merging division chairman. Disclosing this last week, Johor Mentri Besar and state New I mno liaison chief Ilaji Muhyiddin YassinKahmat (Pulal). Bernama. - 175 words
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286 1988-04-02 8 NST. IPOH Malaysian Chinese Association President Datuk Dr Ling Liong Sik is confident the party headquarters will be able to repay the Ms3s million (5527.4 million) loan owed to a bank. “MCA members have the guts, the stamina, the strength and theNST. - 286 words
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197 1988-04-02 8 KUALA LUMPUR All MCA office holders will be donating a month's salary or allowance to the party to help overcome its present debt crisis, the Tongbao reported. They include ministers, deputy ministers, parliamentary secretaries, executive state councillors, MPs, state assemblymen and political secretaries.197 words
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Article, Illustration522 1988-04-02 8 TAN BOON KEAN - By TAN BOON KEAN KUALA LUMPUR The Star newspaper sold briskly when it hit the streets again last Saturday, five months after it was banned in the aftermath of racial tensions and the arrests of numerous opposition figures and other critics.522 words
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Article244 1988-04-02 8 KUALA LUMPUR NST. ANOTHER censorship board will be set up soon to check negative elements being broadcast through the electronic media, Information Minister Datuk Mohamad Rahmat said last Saturday. The board, to be under the Information Ministry, will also have the power to monitor importedNST. - 244 words
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262 1988-04-02 8 RITA GOMEZ - By RITA GOMEZ HONGKONG A Malaysian wanted in the United Slates for one of the biggest narcotics hauls there flew to New York last Monday after agreeing to return there voluntarily. Chew Tai Lai alias Yet» Song I>en alias Ah Chung262 words
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CAUSEWAY/ ASEAN
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Article, Illustration537 1988-04-02 9 TAN BOON KEAN - By TAN BOON KEAN: Kuala Lumpur KUALA LUMPUR The Malaysian economy is expected to grow by 5.3 per cent this year, Bank Negara (lovernor Tan Sri Jaffar Hussein announced this week when releasing the central bank’s 1987 annual report and forecasts.537 words
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528 1988-04-02 9 Mahathir’s suit against FEER nent of Malaysia. Bernama. KUALA LUMPUR A senior federal counsel has described as the “combined result’’ of “legal ingenuity and a twisted imagination” the contention that the Home Minister and the government had contributed to defaming the Prime Minister bynent of Malaysia. Bernama. - 528 words
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201 1988-04-02 9 AFP. KUALA LUMPUR Malaysia’s Roman Catholic Church has denied government allegations that it had been infiltrated by Marxists. The Most Reverend Anthony Fernandez, Archbishop of Kuala Lumpur, said the church was “shocked” by charges in a government White Paper released on Wednesday that several– AFP. - 201 words
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Article, Illustration242 1988-04-02 9 PROFESSOR Syed Hussein Alatas of the National University of Singapore has been appointed Vice-Chancel-lor of the University of Malaya. The appointment, announced on Thursday by the Malaysian Education Ministry, will end his 21 years’ stay in Singapore as head of the242 words
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77 1988-04-02 9 NST KUAI.A I.UMPUR The Democratic Action Party has urged police not to handcuff political detainees held under the Internal Security Act while moving them. DAP chairman Dr Chen Man Hin said in a statement that "political detainees are not common criminals and should beNST - 77 words
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Article, Illustration274 1988-04-02 9 Reuter JAKARTA The main threat to Indonesian security over the coming five years will be from internal disturbances sparked by the rapid pace of economic development, new Defence Minister General Benny Murdani said. “It is like a ship which sails into aReuter - 274 words
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161 1988-04-02 9 UPI MANILA Some 35 per cent of the more than 1,000 dancers and prostitutes rounded up by police in raids on Manila’s red light district were found suffering from venereal disease in hospital check-ups, police said yesterday. Police Superintendent Brig-Gen AlfredoUPI - 161 words
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109 1988-04-02 9 AFP. BANGKOK An American woman has been sentenced to life in prison by Thailand’s Supreme Court for heroin trafficking, according to a US Embassy spokesman. The spokesman, Mr Ross Petzing, said the court last week overturned an appeals court ruling that had acquittedAFP. - 109 words
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COMMENT/ Pick of the week’s editorials
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Article604 1988-04-02 10 MARCH 29, 1988 THE Labour Ministry has decided to allow employers to recruit better-qualified foreigners and for periods of three years. Such long-term permits were previously granted only to those who have gained skills after having worked in Singapore for a few years. The change will mean604 words
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Article644 1988-04-02 10 MARCH 30. 1988 TO SURVIVE, a nation cannot rely merely on sweet words of peace, no matter how often others may have uttered them. Neither can it depend on outsiders for protection. Security can come only from having a credible defence. This is how most countries safeguard644 words
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Article664 1988-04-02 10 MARCH 31. 1988 EDUCATION is a matter of great concern to Singaporeans because it is the key to a successful career. This was plainly evident in last Tuesday's parliamentary sitting when the issue of the use of Central Provident P'und savings for tertiary education was debated664 words
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544 1988-04-02 10 Editorial from the New Straits Times, March 28, 1988, headlined “No Place Like Home”: WHAT the Singapore Government now holds out in the job market, as a “special offer” to Malaysian workers, appears very tempting indeed. Unlike in the past,544 words
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Article86 1988-04-02 10 “Where public expectation is the highest, we have the weakest government vehicle to serve them.” Pevlis Meritri Besar Dr Abdul Hamid Pa want eh commenting that the Malaysian Federal and State Governments should give more attention to local authorities in the efforts to provide essential services to the86 words
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COMMENT/ Perspective
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Article, Illustration962 1988-04-02 11 ISMAIL KASSIM - What’s happened to the Umno dissidents? By ISMAIL KASSIM Kuala Lumpur JOHOR BARU Member of Parliament Datuk Shahrir Abdul Samad has been creating waves in and out of the legislative body since he opened a “dhoby” shop several weeks ago. Any other MP962 words
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704 1988-04-02 11 NING JUITA - By NING JUITA THE tributes paid by fellow Malaysians to the late Tun Tan Siew Sin ring truer than customaryeulogies. The proverb goes: "The elephant dies leaving ivory; the tiger dies leaving its skin; man dies leaving his name." Tun Tan leaves704 words
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Article, Illustration2194 1988-04-02 12 Rivalry in a ‘gentlemen’s club*, rejection o£ a Cabinet minister, official concern over a hugely rich private monopoly that couldn’t deal with illegal bookmakers TAN SAISIONC pulls together the key events and players involved in the downfall of the racing authority2,194 words
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Article, Illustration891 1988-04-02 13 WE SINGAPOREANS are too harsh on ourselves. There seems to be an insatiable apatite to look for warts and all with a microscope, so that Riven half a chance we tend to damn rather than praise. The Housing Board, civil servants,891 words
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1152 1988-04-02 13 TAN SAI SIONG - Look Back in Wonder A personal view of the week’s news TAN SAI SIONG IT WAS a week in which the more interesting items of news and events had dollars and cents running through them like a rich silver vein in a1,152 words
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Page 11 Miscellaneous
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Miscellaneous30 1988-04-02 11 SCENES OF MALAYSIAN LIFE By LAT KE.RETA &ARU HIGHWAY &ARU HOT UMNO BARU. •i s*«*» Oh |STERI BA. TEKNOLOCrI MRU... condominium pm 7. l <? f,’ «**<l <v <77^ 3 a30 words
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TIME$
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Article3184 1988-04-02 14 Thursday, Marrh 31, 19X8 1987/M Last Yield Vot Day High Low Company Sale Change 000) High Low SECTION ONE MDUSTRIALS l COMMERCIAL 275 80 Acmt 99 04 1 0 3 99 vs 99 ADEF A 005 1005 ADEF B 1005 96 26 Alcom 603,184 words
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158 1988-04-02 14 Weekly market report A 29-POINT plunge at the start of the week, in the wake of Wall Street’s double nosedive on the last two days of the previous trading week, was followed by another near sixpoint drop on Tuesday, hut the Singapore market managed158 words
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Article238 1988-04-02 14 SINGAPORE stocks closed lower on Thursday, the last trading day before Easter, in dull trading with most of the gains made on Wednesday erased. Investors seemed to have already taken off for the long weekend holiday as prices opened easier, in line with Wall Street’s238 words
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Article199 1988-04-02 14 THE Kuala Lumpur stock market saw quiet and listless trading yesterday with prices fluctuating within a narrow range. With no leads from Singapore, (where the market was closed for Easter Friday), investors and dabblers kept to the sidelines and refrained from buying causing the market199 words
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Article46 1988-04-02 14 IN HONGKONG, share prices closed steady on Thursday in moderate trading on late buying support. The Hang Seng index rose 15.05 points to 2,543.97. Turnover was HK5668.12 million against Wednesday’s HK$B92 million. The market will reopen next Wednesday after the Easter holidays.46 words
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140 1988-04-02 15 CHOCOLATE manufacturer Sunshine Allied Investments Limited has increased its interim pre-tax profit by 7.6 per cent to $1.48 million. The increase was achieved on a 31.2 per cent jump in turnover to $19.6 million for the six months ended December, suggesting narrower profit140 words
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373 1988-04-02 15 MALAYSIAN conglomerate Sime Darby Bhd will acquire 9.93 million shares of 111 (553.70) each in the UK-based Harrisons and Crossfield PLC from stateowned Permodalan Nasional Bhd through a share-swop. Sime Darby said it will pay for the 7.2 per cent stake in H373 words
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300 1988-04-02 15 close look at QAF. LIM KNG HAI - close look at QAF. LIM KNG HAI. COLD Storage Holdings PI A.’ has said it had looked into acquiring parts or all of QAF' Ltd but "preliminary discussions” did not result in any agreement. The group, which is known to be300 words
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Article355 1988-04-02 15 M* Jl HKS Chonft A*»oc Inti Hot»l» 2 25 0 025 Bonk O* Eott Amo 1680 02 Copitol Corp 086 001 Cothoy Poctfic A» 700 0 05 Choung Kong Chino Light 7 45 1880 unch 0 1 City Ratourcat 1 29 0 02 Croti Horb Tunnol 1500 0 1355 words
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Article230 1988-04-02 15 Interbank Over the counter Foreign Local dollars to Foreign currency currency one unit of foreign currency to S$10 Australian dollar 1 4808-1 4835 6 87-6 70 Canadian dollar 1 6201—1 6216 6.22-613 NZ dollar 1 3076—1 3112 7.83-7 59 Sterling pound 3 7647-3 7685 268-265 US230 words
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315 1988-04-02 15 FOOD and beverage manufacturer Yeo Hiap Seng Ltd has more than lived up to its earlier forecast by posting a 20 per cent increase in group pre-tax profit to $14.34 million. The group, which has recently been diversifying into new areas including stockbroking315 words
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Article296 1988-04-02 15 Managers' prices for April 2 4 Singapore Unit Trust The Commerce 0 93 0 99 The Savings fund 0 79- -0 8f»d Sport Prog fund 03; 041 Spore Sec fund 0 63 -0 68 Spore Invest fund 067—0 7? Spore Equity fund 0 49 0 49 Asia Unit296 words
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571 1988-04-02 16 DAMIEN LIM - By DAMIEN LIM DESPITE last October's worldwide stock market crash which wined millions off stock rxirtfnllos, Singapore’s Blit Four hanking groups have turned in an all-time high of $159.33 million in total net after•tax prolit. surpassing the previous mark571 words
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LAST TWO OF THE BIG FOUR’ REPORT IMPROVED RESULTS
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Article398 1988-04-02 16 LIM ENG HAI - By LIM ENG HAI OBVIOUSLY unaffected by :he stocK market crash last October, the OverseaChinese Banking Corporation group last Friday reported the highest net profit in its 35-year history. The bank said group net profit rose by a quarter to $130.87 million last year398 words
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628 1988-04-02 16 HSUNG BEE HWA - By HSUNG BEE HWA THE United Overseas Bank group ended last year with a 31.5 per cent higher net after-tax profit of $139.45 million but failed to top its $153.8 million 1983 record as predicted by analysts earlier. After UOB reported a628 words
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352 1988-04-02 16 THE Straits Trading group has reported a 34.5 per cent rise in pre-tax profit to $39.11 million for the year ended December from $29.08 million in 1986. The rise was despite a 1.2 per cent drop in group turnover to $210.08 million from $212.74352 words
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Article52 1988-04-02 16 HARIMAU Investments Ltd has announced lower pre-tax profit for the year ended last December. The closed-end investment fund hacked hy the Over- sea-Chinese Banking Corporation group saw its operating pre-tax profit fall 55 per cent to $2.52 million. Bot-tom-line profit shrank to $1.30 million from $4.2652 words
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189 1988-04-02 16 DESPITE the October 'B7 crash, stockbrokers fared much better last year than in 1986 thanks to a complete restructuring of the stockbroking industry in 1986 following the Pan-Elec-tric collapse. Finance Minister Richard Hu said in Parliament last week that the 24 .stockbroking companies189 words
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265 1988-04-02 17 NEPTUNE Orient Lines has returned to the profit path after four straight years of losses and experts to do even better this year. The national shipping group, which chalked up a group pre-tax profit of $24.87 million for last year against a265 words
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375 1988-04-02 17 THE UIC group has emerged from the October collapse in share prices with a 21 per cent rise in pre-tax profit to a record $57.1 million about half of which came from the disposal of all its foreign shareholdings. The latest results cap five375 words
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Article203 1988-04-02 17 UNITED Engineers Ltd sank deeper into the red last year because of lower activity in its engineeringrelated business and the cost over-run in two engineering projects. However, directors said they expect the company to break even this year following a reorganised management and the hiving203 words
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Article223 1988-04-02 17 NOT all hotels benefited equally from the increase in tourist arrivals last year. While Hotel Properties, which owns the Hilton International Singapore in Orchard Road, reported a 314 per cent increase in group pre-tax profit to $1.91 million last year, Hind Hotels International, which runs223 words
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Page 17 Advertisements
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Advertisement173 1988-04-02 17 APPOINTMENTS tteOS Re» W \5 THOMSON-COMPONENTS ASIA LTD, a subsidiary of the top French multi-national corporation THOMSON S.A., in intensifying its sales marketing activities, seeks to appoint a capable and experienced FIELD SALES ENGINEER Reporting to the Sales Manager, you will be responsible for promotion and sales of THOMSON components173 words
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Page 18 Advertisements
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Advertisement991 1988-04-02 18 ISK SINGAPORE PTE LTD ISHIH AR A SAMiYO KAISHA, LTD the largest titanium dioxide producer in Japan is currently constructing a new multi-million dollar titanium dioxide plant in Tuas. Jurong. In anticipation of the commencement of production at the end of I‘JXS. the company w ishes to recruit the following991 words
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TIMESPORT
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David and Khatijah are the top guns of ’87
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Article, Illustration607 1988-04-02 19 HAKIKAT RAI - By HAKIKAT RAI SWIMMER David Lim and shooter Khatijah Surattee were this week voted Singapore’s Best Sportsman and Sportswoman for 1987. David, 21, beat six other contestants to claim the Best Sportsman award for the second– Picture by ALBERT SIM. - 607 words
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Article, Illustration206 1988-04-02 19 S.K. RAMACHANDRA was surprised to see his picture in Tuesday’s issue of The Straits Times. For that was the first time he knew of his nomination for the Best Coach of the Year award (writes Tay Cheng Khoon). When told that he206 words
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244 1988-04-02 19 in Seoul.” – TAY CHENG KHOON - in Seoul.” TAY CHENG KHOON. FORGET about the award that la the advire Stephen Yap has (or Best Sportswoman of the Year, Khatijah Surattee. "Put it behind you,” said the secretary of the Singapore Shooting Association, “and think of doing well244 words
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346 1988-04-02 19 TAY CHENG KHOON - By TAY CHENG KHOON DAVID LIM was more prepared this time. When The Straits Times telephoned him in Utah at 3.15 am (American time) on Tuesday, he was wide awake. ‘‘No, no, I wasn’t asleep,” he laughed when we called to346 words
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248 1988-04-02 19 SOCCER star Fandi Ah mad announced on Tuesday that he is unable to accept the Football Association of Singapore’s offer to join the national squad on a one-year contract. Fandi's Kuala Lumpur team-mate Malek Awab is also unable to take up a similar offer248 words
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Article, Illustration890 1988-04-02 20 BERTHA HENSON - An adverse wind cannot be wished away, but we’ll see it through, he tells House By BERTHA HENSON SINGAPORE is in a “fairly well-prepared and secure position" to cope with instability in the world’s economic climate, the Trade and Industry Minister,890 words
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Page 20 Advertisements
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Advertisement6 1988-04-02 20 Nikon Jha World'* Finatt Photographic Sy*tam6 words
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Page 20 Miscellaneous
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Miscellaneous54 1988-04-02 20 SUN TAN Tzoufimet i wish i hao ten Of MONEY A LAME HOUSE, FMHN»ruHE i e£AUTIFUL Tgj, CLOTHES Vw By Cotlrnttm MAiteHoieurvou «no* *e, iT takes SO LITTLE TO MAKE w ME HAPPY' V HOHSFKSf WOHAH.YW WOW THAT WOUtOHT Ml *6 YOU LAST/N6 HAPPINESS AND CONTENTMENT A IS ~s L54 words
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Article, Illustration5736 1988-04-02 21 DAP ‘tried to create fear’ PAS group’s plan to send members for training in Thailand ‘Banned newspapers helped to build up racial tensions’ The Malaysian government last week released a White Paper on the exploitation of sensitive communal and religious issues by political parties,■ NOT picture. - 5,736 words
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660 1988-04-02 22 1945 AUGUST: Fight between Malays and Chinese of the Malayan People’s Anti-Japanese Army (MPAJA) in Parit Jawa, Muar, Johor AUG 21: Fight between group of Malays headed by Kiyai Salleh Abdul Karim and Chinese MPAJA in Ayer Hitam, Johor. MAY-AUGUST:660 words
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Advertisement212 1988-04-02 24 77)<'Sff7»itsTinM‘N Now, keeping in touch with what’s happening in Singapore couldn’t be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size, it fills you in on the latest212 words
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