The Straits Times : Weekly Overseas Edition, 9 April 1988
1988-04-09
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-04-09 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, APRIL 9, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 222/8/8720 words
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228 1988-04-09 1 SURESH NAIR - Rules tightened for restricted passport applicants in the 20-30 age group By SURESH NAIR ALL SINGAPOREANS between 20 and 30 years old who apply for a restricted passport for travel to Malaysia must now bring along proof of their professional and educational228 words
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300 1988-04-09 1 This suggestion came out of a meeting between Malay community leaders and Dr Ahmad Mattar, the Minister-in-Charge of Muslim Affairs, as well as the Environment Minister. The Home Affairs Ministry spokesman said those between 20 and 30 years old who300 words
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Article107 1988-04-09 1 Bernama, NST. JOHOR BARI' Johor Is to be referred to as “Johor Darul Takzim” with immediate effect, the state government announced. State Secretary Datuk Haji Abdul Rahim Ramli told a press conference on Wednesday that each time negeri (state) is mentioned or used, the wordsBernama,; NST. - 107 words
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716 1988-04-09 1 CONRAD RAJ - By CONRAD RAJ THE bankrupt founders of stockbroking firm E.G. Tan, Mr and Mrs Tan Eng Ghee, are making another effort to settle their debts. Through lawyers David Chong Colin Partners and financial advisers Elders Pica (Pte) Ltd, they are716 words
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Page 1 Advertisements
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Advertisement90 1988-04-09 1 Singaporeans and the Buffet Lunch syndrome: Page 2 INSIDE STC fails in bid to keep name and membership PAGE 23 HOME NEWS S’pore may be first to set up human egg bank PAGE 3 Our workers are still the world’s best PAGE 6 ACROSS THE CAUSEWAY/ ASEAN Tunku’s speech is90 words
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Advertisement9 1988-04-09 1 mil $ll sr>cf dicjsutkjiudyy *I*j?JK*IPS4*M iu Ivor e%e cnvrtitmw9 words
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HOME
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Article, Illustration819 1988-04-09 2 JACQUELINE WONG - Singaporeans and the Buffet Lunch Syndrome Why plates remain piled high with food after the meal By JACQUELINE WONG WHY do Singaporeans have a reputation for piling their plates high with food at buffet spreads only to leave much of it uneaten? Acting Health Minister Yeo Cheow Tong even gave819 words
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167 1988-04-09 2 A BUSINESSMAN who allegedly threatened to distribute nude pictures of an ex-girlfriend unless she handed over $40,000 has been arrested. The man, 51, who is married, has been released on bail pending further investigations. The woman, who is in her167 words
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225 1988-04-09 2 MORE information on the manpower needs of the economy is likely to be made available to the public this year, the Minister for Trade and Industry, Brigadier-General (Res) l,ee Hsien Loong, has told Parliament. He said his ministry would also release information225 words
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144 1988-04-09 2 A SINGAPORE property developer was stabbed three times by a man outside a hotel lift in Genting Highlands but the assailant fled empty-handed when the victim shouted (or help. The 71-year-old victim, who wished to be identified only as Mr Ng, was taken to144 words
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Article, Illustration670 1988-04-09 3 GILLIAN POW CHONG - By GILLIAN POW CHONG SINGAPORE stands on the threshold of becoming the first country to set up its own human egg hank. Dr Christopher Chen, the Singapore doctor who shot to fame for pioneering the world’s first fro-zen-egg pregnancy670 words
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239 1988-04-09 3 BY THE time many Singapore women get married and have their first hahy, they would have passed their best years for reproduction and would face declining fertility as they get older. The problem had become more acute as more women are239 words
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457 1988-04-09 3 JANICE SEAH - By JANICE SEAH ONE thousand eight hundred graduates have used it. Now, more than 3,700 A- and O-level and diploma holders are asking for it too. “It" is the government’s electronic match-maker, a computerised data bank that zips through the information457 words
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214 1988-04-09 3 MADE-IN-SING A PORE kits to test for liver cancer may be sold internationally a year from now. The World Health Organisation's Immunology Centre at the National University of Singapore has developed monoclonal antibodies for the early detection of liver cancer. "We214 words
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Article248 1988-04-09 3 Religion and politics SINGAPOREANS must not delude themselves into thinking that religious wars are a thing of the past and that they cannot hap|>en here, Mr S. Rajaratnam warns. The many religious conflicts around the world and the present unrest in Armenia, Azerbaijan and Tibet248 words
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410 1988-04-09 3 THE Parliamentary Select Committees set up to scrutinise the anti-corruption Bill and the Building Control Bill have invited members of the public to send in their views by May 6. The Corruption (Confiscation of Benefits) Bill will give the Government new410 words
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Article, Illustration660 1988-04-09 4 Community’s needs must been seen against those of nation’s, says Mattar THE ability to strike a balance between the interests of their community and what is good for the nation as a whole is the most challenging test that must be660 words
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310 1988-04-09 4 US deals S’pore another GSP blow AN ESTIMATED US$l6O million ($320 million) worth of Singapore exports to the United States will be stripped of duty-free privileges from July I. The four produet groups axed from the Generalised System of Preferences310 words
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246 1988-04-09 4 A COMMUNITY centre youth group has ixx*n going around town to collect 2,000 signatures for a |x»tition urging the Government to ban cigarette sales to young ixmpie. The group, from the Whampoa community centre, also calls on the authorities to discourage246 words
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Article, Illustration452 1988-04-09 4 THREE Malay Members of Parliament appeared on television to explain why they were convinced that Malay leaders must exercise the “politics of accommodation” if they are to serve the interests of their community. They said, among other things, that “closed-door” discussions on sensitive issues452 words
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142 1988-04-09 4 FILIPINOS in Singapore will soon be able to see screen heart-throbs like Vilma Santos and Sharon Cuneta in Tagalog films to be shown here between Sunday and June 12. Cathay Organisation decided on the move because of the growing Filipino community in Singapore. It142 words
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115 1988-04-09 4 BRITISH Foreign Secretary Sir Geoffrey Howe,who arrived here on Thursday night on a twoday visit,had talks with Prime Minister Lee Kuan Yew and First Deputy Prime Minister Goh Chok Tong yesterday. Also present at his talks with Mr Goh,who is also the115 words
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363 1988-04-09 5 NPB and IBM join hands to help upgrade office skills UNDER an ambitious national plan announced all 200,000 clerks, secretaries and administrative assistants in Singapore will be trained to use the personal computer to do office work such as writing reports and363 words
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214 1988-04-09 5 THE Singaporean woman who was one of 56 passengers released by the hijackers of a Kuwaiti airliner arrived safely in Kuwait yesterday. This was disclosed by the Ministry of Foreign Affairs, which said the family of Mrs Chen Seow Ix*o, 44, had been214 words
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430 1988-04-09 5 THE Singapore International Monetary Exchange (Simex) has fined five trading members $222,000 and reprimanded two others for violating various rules of the exchange. Three had their membership suspended for periods ranging from one to eight weeks. One was suspended indefinitely. The seven430 words
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420 1988-04-09 5 JANICE SEAH - By JANICE SEAH ELIZABETH Taylor’s offer to pose for an Aids awareness advertisement for free in Singapore has been leapt upon by the Singapore Medical Association and the Ministry of Health. When asked by The Straits Times on her arrival on420 words
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Article, Illustration391 1988-04-09 5 ROHANIAH SAINI - By ROHANIAH SAINI SCHOOLGIRL Ivy Koh. 16, has scored a distinction that many students would envy. She has written a book which the Ministry of Education has found suitable for Secondary 1 Literature readers and may use as a391 words
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119 1988-04-09 5 A TEENAGER felt like spitting as he drove along Redok North Road on the morning of March 7. And lam Ghee Wah, 17, did so only to be caught by an Environment Ministry officer. On Thursday, he was fined S3M for spitting from119 words
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Article95 1988-04-09 5 A PIECE of land in the Sungei Buloh area, north-west of Singapore, will be preserved as a bird sanctuary. Announcing this when he opened the Singapore Institute ot Architects secretariat. Minister lor National Development S. Dhanabalan said the Government has decided to set aside95 words
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468 1988-04-09 6 SHAUN SEOW - Our workers are still the world's best Beri By SHAUN SEOW SINiiAPOItK workers give yourselves a pal on the back for being voted the best in the world for the seventh year in a row. However, in terms of teehnieal skills and worker attitude, there is still much room for468 words
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Article, Illustration436 1988-04-09 6 THE Education Ministry is looking into ways of providing Singaporeans with more opportunities for higher education in the *****. Dr Tony Tan. the Minister for Education, said this in reply to a reporter's question on the use of Central Provident Fund436 words
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146 1988-04-09 6 THE MP for Bukit Timah. Dr Wang Kai Yuen, has submitted questions to the National Development and Finance ministers for oral answers at the next sitting of Parliament. He wants to find out from the National Development Minister the value of land occupied by146 words
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Article, Illustration258 1988-04-09 6 THE Executive Chairman of The Straits Times Press, Mr s R. Nathan, has been appointed Singapore’s new High Commissionei to Malaysia. A Ministry of Foreign Affairs statement said Mr Nathan, who succeeds Professor Maurice Baker, will take up258 words
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221 1988-04-09 6 SINGAPORE’S firstquarter economic results on which the revision of the Central Provident Fund contribution rates depends “look good”, said Trade and Industry Minister Lee Hsien Loong. The Government would study the full figures in detail when they were ready before deciding on any adjustment221 words
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Article405 1988-04-09 6 THE first public symposium in Singapore on Aids will be held on April 16 at the Westin Plaza hotel. About 1,000 people are expected to pay the registration fee of $lO to attend the symposium, jointly organised by the Singapore Medical Association (SMA) and the405 words
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Article519 1988-04-09 7 SURESH NAIR - ‘Poor man’s cocaine’ may pose new threat to S-E Asia By SURESH NAIR ASEAN anti-narcotics officers were this week alerted to the emergence of shabu, known as the “poor man’s cocaine” in the Philippines, as a potential threat to the South-east Asian region. Attorney Manuel Supnet,519 words
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303 1988-04-09 7 THE Singapore Democratic Party, which has come out against the Team MP proposal, is debating whether to contest in the Croup Representation Constituencies that would be set up under the proposal. SDP secretary-general Chiam See Tong said this week that one school303 words
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Article, Illustration170 1988-04-09 7 WITH cheeks ballooning and mouth working overtime, seafood restaurant waiter Tay Kim Hoon made mincemeat of 20 cha shao hao in a matter of six minutes. Stuffing one meat dumpling after another from the word “go", Mr Tay, 19, left his eating170 words
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Article, Illustration148 1988-04-09 7 A MILLION letters, that is each one containing an entry in the Kodak Double Fortune Draw. SBC’s Star Search runner-up Aileen Tan found herself up to her elbows in mail this week as she gamely picked out, from over one million148 words
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403 1988-04-09 7 THE excellent bilateral co-operation between Singapore and Malaysia is an example of how Asean can effectively tackle the drug problem through closer regional action. Home Affairs Minister Prof S. Jayakumar said this when he opened the 11th meeting of Asean Senior403 words
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216 1988-04-09 7 PETROL industry leader Shell is fighting to get back the market share it lost with a lucky draw that has a $200,000 Bayshore Park studio apartment as its top prize. Another $600,000 in prizes may be won in the draw, to be216 words
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across the CAUSEWAY
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Article, Illustration376 1988-04-09 8 KOTA BARU NST, Bernama KELANTAN Mentri Besar Datuk Haji Mohamed Yaacob has denied that there sis any discord between him and the Sultan of Kelantan as |K*rceived by certain quarters. He told a press conference at his residence here that the problems facingNST,; Bernama - 376 words
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285 1988-04-09 8 KOTA BARI A reramah (discussion session) addressed by former prime minister Tunku Abdul Rahman on Friday night had to be ended earlier than scheduled when police told the organisers not to touch on politics. Bernama reported that the Tunku addressed the n-ramah for about285 words
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199 1988-04-09 8 KUALA LUMPUR A total of 25,191 Malaysians, mainly wealthy individuals, have been strip|>ed of their citizenship since 1980, and their departure was not a loss to the country, Deputy Home Minister Datuk Megat Junid Megat Ayob told Parliament last week. He said their citizenship199 words
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175 1988-04-09 8 NST. JOHOR BARU Information Minister Datuk Mohamed Rahmat has expressed regret that there are people using Malaysian royalty to weaken the government and nation. “I don't think it is right for people to make use of an institution which should be respected and isNST. - 175 words
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243 1988-04-09 8 NST, Bernama. TAIPINC (Perak) Narul, which means “hell” and other names such as Wati, Zaniah and Zani will no longer be accepted for registration as names by the National Registration Department (JPN). Its public relations officer, Miss Kamariah Daud,NST,; Bernama. - 243 words
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310 1988-04-09 8 KIIALA LUMPUR The University of Malaya Academic Staff Association has expressed disappointment over the appointment of the new Vice-Chancel-lor. Prof Syed Hussein Alatas. Umasa president Mahadzir Mohd Khir, said his association, comprising 500 lecturers, was not happy with Prof Alatas’ appointment as Vice-Chancellor as310 words
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168 1988-04-09 8 KUALA LUMPUR Education Minister Anwar Ibrahim has asked those who opnosed the appointment of Professor Syed Hussein Alatas as the new Vice-Chancellor of the University of Malaya to name another person more qualified for the post. The minister added that the appointment of Prof168 words
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CAUSEWAY/ ASEAN
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337 1988-04-09 9 SHAH ALAM Bernama, NST. THE Selangor Legislative Assembly has approved a Bill providing penalties for those attempting to spread nonIslamic religious teachings among Muslims. Mentri Besar Datuk Muhammad Haji Muhammad Taib, who tabled the Bill, said anyone found to have persuaded,Bernama,; NST. - 337 words
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190 1988-04-09 9 Bernama. KUALA LUMPUR Bank Negara has announced that it will assume control of two deposit-taking co-opera-tives linked to the Malaysian Indian Congress (MIC) in the wake of a run by their depositors. Bank Negara governor Tan Sri Jaffar Hussein ordered– Bernama. - 190 words
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Article, Illustration625 1988-04-09 9 CATHERINE C. ONG - By CATHERINE C. ONG BATAM Do 100 jackpot machines, one keno and mahjong room a casino make? Not to the big rollers and the management of the newly opened Hill Top Hotel on this Indonesian island625 words
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146 1988-04-09 9 AFP. JAKARTA A private Indonesian firm has proposed building a mass rapid transport system under an agreement with a Brazilian company, newspapers reported here. The company, PT Citra Patenindo Nusa Pratama, has submitted a plan to the Technology Research and Application Board forAFP. - 146 words
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195 1988-04-09 9 ABBY TAN - ABBY TAN. MANILA Escaped renegade soldier Gregorio Honasan hinted strongly on Wednesday that he would mount another coup attempt against President Corazon Aquino. But Mrs Aquino and Defence Secretary Fidel Ramos brushed off the threat, saying Honasan lacked popular support. In a statement signed195 words
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FORUM
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577 1988-04-09 10 On diploma qualifications 1 REFER to the letter from “EC.” concerning recognition of the diplomas of the Institute of Administrative Management, the London Chamber of Commerce and Industry and the Association of Business Executives. (ST, March 22). The Institute of Administrative Management (lAM) is now in577 words
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299 1988-04-09 10 PLEASE refer to the report “SGH revamp complete by mid-1989" (ST, March 23). I am glad to hear that Singapore's key medical institution is being rest rue lured Can you recall the days when you had to scream for attention on your hospital bed;299 words
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Article109 1988-04-09 10 1 READ with interest Alan Hubbard's article on the problems of Freemasonry in the British police (ST, March 16). Many Singaporeans may not be aware that freemasonry is also flourishing in Singapore, one of the negative legacies of our colonial past. It caught on, no doubt, because of109 words
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289 1988-04-09 10 ASIA'S new found economic success has given rise to apprehension, not to say envy, in some quarters in the West. One of the manifestations of this is newspaper articles that strive to point out how backward Asia's cultural norms are when compared to Western ones.289 words
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Page 10 Advertisements
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Advertisement95 1988-04-09 10 Dear Readers THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers, if any. They should preferably be typed, double-spaced, on one side of the paper. You may add a pseudonym if you wish. But we would prefer95 words
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Advertisement227 1988-04-09 10 !7 h St r; i i t m< *s 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 tabloid227 words
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COMMENT/ Perspective
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Article, Illustration1507 1988-04-09 11 ISMAIL KASSIM - After weathering the crisis that threatened the party... By ISMAIL KASSIM of the Foreign Desk The clouds of uncertainty hovering over the New Umno of Prime Minister Datuk Seri Dr Mahathir Mohamad will take some months to disperse. Even asNST picture. - 1,507 words
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Article699 1988-04-09 11 ZAINON AHMAD - By ZAINON AHMAD, New Sunday Times OF ALL the shows put up by the people of Kelantan on the occasion of their Sultan’s 38th birthday, nothing seems more appropriate to the political situation in the state than the wayang kulit show in the compound of699 words
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Article, Illustration1095 1988-04-09 13 ly NARENDRA AGGARWAL - By ly NARENDRA AGGARWAL CIGARETTE and tobacco consumption in Singapore has dropped by a quarter from the peak levels of the early eighties. This should be heartening news for the non-smok-ers in the Republic as the nation embarks upon a smoke-free week1,095 words
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933 1988-04-09 13 Even if a child cannot forget ‘the gift of love’, there may be unforeseen circumstances to prevent him from showing his gratitude. What if he fails his exams or falls in love, marries and changes the direction of his pursuits?933 words
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Focus on the top two changes in the Indonesian Cabinet reshuffle
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Article, Illustration1284 1988-04-09 14 Loyalty to the President has paid off for Indonesia’s new Number 2 PRESIDENT Suharto’s long-time confidant, Sudharmono, is now tasting the sweetness of abiding loyalty to the leader. A man of enduring patience, he was elected vice-president on March 11, the eve of his 61st birthday.1,284 words
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Article, Illustration443 1988-04-09 14 JAKARTA When it became known that Dr Mochtar Kusumaatmadja had privately told reporters he was "fed up" with his job as Foreign Minister, political analysts here began focusing their attention on senior diplomat Ali Alatas. For should a career443 words
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COMMENT/ Pick of the week’s editorials
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Article556 1988-04-09 12 APRIL 9. 1988 THE move to allow architects and professional engineers to form companies is to be welcomed. There were sound reasons for restricting these professional practices to sole proprietorships and partnerships in the past. Developers and consumers, who rely on their expert advice, must have556 words
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Article632 1988-04-09 12 APRIL 8. 1988 WHEN friendly nations disagree beyond a certain |K)int their relationship will be adversely affected. This must not happen in US-Philip-pines ties even as they negotiate over the issue of the Clark and Subic Bay bases. Technically. the talks, which began on Tuesday, deal with632 words
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Article616 1988-04-09 12 APRIL 6. 1988 HAVING enough high-quality Malay leaders and determining the role they should play to enhance Malay participation in national life were some of the issues raised at the weekend convention organised by Majlis Pusat, the Central Council of Malay Cultural Organisations, and during last616 words
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515 1988-04-09 12 REFLECTIONS THEY are coming here in large numbers. On Tuesday The Straits Times reported it under the headline: Singapore gears up for the Japanese “invasion”. Last year alone, more than 540,000 Japanese visited the Republic. More tourists from Japan are expected this515 words
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Article152 1988-04-09 12 “We are like sitting ducks. If our northern neighbours don’t seriously check trafficking, we will have to bear the brunt of it.” A Kuala Lumpur-based senior narcotics officer on the battle to eliminate the drug menace in Singapore and Malaysia. “I’m not old enough to be a legend,152 words
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Page 13 Miscellaneous
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Miscellaneous14 1988-04-09 13 (pick'sli'm 00- 1 fa m 2 r m Si £> UJ vjm yj/ H i14 words
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FOCUS
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QUOTES
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Article, Illustration119 1988-04-09 15 WK TALKKI) about Uni Chin Siong. We took him as a hard-core communist who will never repent. A man’s calibre you can see only by testing I take it as a personal triumph for Mr Lee to have controlled him in polities and mass support...119 words
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171 1988-04-09 15 FROM 1945-1948, those were the three years that we in the Special Branch felt that we were losing. But after 1948, we were never in any doubt that we would win. When we were given a free hand during171 words
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Article, Illustration1339 1988-04-09 15 ZAINUL ABIDIN RASHEED, Editor - WHEN Prime Minister Lee Kuan Yew was in Pakistan last month, he made a special request to meet a 76-year-old Pakistani, a pensioner from Singapore who has since returned to East1,339 words
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TIME$
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Article3134 1988-04-09 16 Friday, April 8, 1988 1988 Last Yield Vol Day High low Company Sale Change (’000) High Low SECTION ONE MDUSTRIALS l COMMERCIAL 136 V7 Aetna 98 unch 1 0 6 99 98 ADEF A 1005 1005 ADEF B 1005 65 42 Alcorn 60 -1*3,134 words
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175 1988-04-09 16 Weekly market report WITH Wall Street showing the lead, the Singapore stork market firmed after a poor Monday start to finish the week up 17.19 points to 943.11 points. Sentiment was aided by a rise of almost 17 points175 words
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322 1988-04-09 16 SHARE prices drifted in fairly directionless trading on the Singapore stock market yesterday, as the overnight half-point gain in the Dow Jones failed to provide any clear lead. The Straits Times Industrial Index rose just under two points by the early afternoon on322 words
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111 1988-04-09 16 IN KUALA LUMPUR, a late bout of profit-taking yesterday wiped out most of Thursday’s gains and prices finished weaker on most fronts in quiet trading. Plantation stocks, however, went against the generally softer bias to record good gains. Most blue chips also held111 words
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Article42 1988-04-09 16 IN HONGKONG yesterday, share prices closed a shade lower on moderate profit-taking following the sharp gains on Thursday. The Hang Seng Index eased 3.21 points to end the day at 2,619.87. Turnover was HK$l.l3 billion against Thursday’s 1.28 billion.42 words
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130 1988-04-09 17 MBT. KUALA Lt'MIM'K Slme Darby has appointed Tun Ismail Mnhamed All, a former Bank Negara governor, as nonexecutive chairman in place of Tun Tan Slew Sin, who died on March 17. The company announced that Tun Ismail has agreed to accept the appointmentMBT. - 130 words
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492 1988-04-09 17 HSUNG BEE HWA - But company warns of leaner times ahead due to competition from MRT By HSUNG BEE HWA SINGAPORE Bus Service (1978) Ltd, which posted an 18.4 per cent higher pre-tax profit at $53.39 million for last year, has cautioned that its results this year would492 words
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Article330 1988-04-09 17 A(h 8 HKS Chanfe Assoc Inti Hotels 2 30 -0 025 Bonk 0* East Asio 16 70 -0 1 Capitol Corp 0 89 -0 03 Cathay Pacific Air 7 10 -0 1 Cheung Kong China Light 780 •0 05 City Resources Cross Harb Tunnel Ooo Heng 1 II unch330 words
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Article209 1988-04-09 17 Interbank Over the counter Foreign Local dolars to Foreign currency currency one unit of foreign currency to S$10 Australian dollar 1 4824—1 4842 686-6.69 Canadian dollar 1 6035—1 6056 6.29-6.20 NZ dollar 1.3083—1.3109 7.78-7.55 Sterling pound 3 7587—3.7626 2.68-2.65 US dollar 2.0020 —2.0030 5 02—4.98 Local209 words
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284 1988-04-09 17 JURONG Shipyard last week joined the growing ranks of ship repairers which posted better-than-expected results because of the strong recovery in the marine industry. It ended last year- with a 58 |>er cent increase in pretax profit to $19.45 million, steel ing well284 words
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Article281 1988-04-09 17 Managers' prices for April 9 11 Singapore Unit Trust The Commerce 093 099 the Savings fund 0 79-08S.d S pore fiog fund 037 3)41 Spote Sec Fund 063 068 Spore Invest fund 067 -0 7? S poie Equity fund 045—0 49 Asia Unit Trust Mai Invest fund 131281 words
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302 1988-04-09 18 Company reports $10.3m loss BON VESTS Holdings Ltd turned in a pre-tax loss of $10.32 million for the year ended Dee 31 instead of the $0.2 million profit it had forecast one year ago in the prospectus of a 1-for-f rights issue to302 words
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183 1988-04-09 18 BAD NEWS, TOO, FROM TWO HOTELS MING COURT Hotel Limited has plunged $3.6 million into the red for the year ended December because of provisions made for losses on its stock investment during last October’s stock market crash. This compares with183 words
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244 1988-04-09 18 AN OVERSUPPLY of rooms and keen competition caused Hotel Marco Polo Limited’s pre-tax loss to leap almost 10 times higher to $2.9 million for the year ended December *rrom $293,000 previously. Turnover dipped 11.2 per cent to $27.7 million from $31.2244 words
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135 1988-04-09 18 KENTUCKY Fried Chicken (S) Ltd (KFC) has doubled its group pre-tax profit to $5.65 million on the back of 32.4 per cent rise t in turnover to $70.14 million for the year to December. But the better showing for franchised-holder of the Kentucky135 words
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Article453 1988-04-09 18 WEEK ENDED MARCH 31, 1988 Final Results Gross Group net Year to Company dividend <» profit/lost 000) B T 50(38 6) 58 050(65 39!) Dec 87 Guinnes: 32(34) MJ28.896(J29.7526) Dec 87 0 U Securities 6(6) SS74iJ? 657) Dec 87 Semb Shipyard 8(5) 118.517(611.987) Dec 87 U453 words
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309 1988-04-09 18 CENTRAL Properties Ltd, a listed company in Tan Sri Khoo Teck Puat's stable, ended last year with much lower profits partly because of substantially reduced investment and other income. The property development and investment holding company reported a 32.5 |hm cent lower309 words
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424 1988-04-09 18 SEMBAWANG Maritime Ltd (SML) has surpassed expectations by quadrupling its group pre-tax profit to $13.31 million, surging 66 per cent ahead of the $8 million forecast it gave when it went public last May. And the salvage and towing group is confident that424 words
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258 1988-04-09 18 PRE-TAX profit at con-struction-based Resources Development Corporation Limited (RDC) plunged 84.6 per cent to $l.l million for the year ended last DecSi due mainly to reduced investment and interest income, investment writedowns and other provisions. The $6.3 million shortfall against the previous258 words
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150 1988-04-09 19 HARD-HIT by the sluggish motor market, Tan Chong Motor Holdings Rhd has nevertheless managed to pare its group pre-tax loss to M 56.66 million (555.18 million) last year from M 57.56 million previously. Group turnover fell slightly to M 5541.68 million from150 words
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384 1988-04-09 19 CITY Developments Ltd has emerged from the October stock market crash virtually unscathed as fat as investment activities were con corned but earnings were lielow expectations. Still, the property group could report a 19.5 per cent increase in group pre-tax384 words
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260 1988-04-09 19 INTERNATIONAL trading company Intraro Ltd has suffered $9.8 million in losses arising from the fraudulent non-delivery of goods in a recent timber deal. The losses will result In an after-tax loss of $6.9 million for the governmentlinked company, which had looked forward to260 words
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357 1988-04-09 19 HEAVY interest payments continued to plague Hong Fok Corporation, the debtladen developer of the Concourse shopping and residential complex in Beach Road. For the year ended last December, Hong Fok saw its group pre-tax loss balloon 160 per cent to $15.66 million from357 words
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Article208 1988-04-09 19 FINANCE company International Trust Finance Ltd (ITF), which last year became a subsidiary of the Oversea-Chinese Banking Corporation group, has reported a remarkable turnaround after two consecutive years of losses For this year, directors said that with the continuing general improvement in the Singapore economy, they were208 words
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Page 19 Advertisements
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Advertisement702 1988-04-09 19 REACH SINGAPORE FROM HOME. To advert ise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31. Jalan Riong, Kuala Lumpur ***** Tel *****44 Cable New Times' Telex. MA ***** Fax (03) *****34 U.K.: Mr John Armour/Mr R Ramesh The Straits Times Press (London) Ltd 102/106 Temple702 words
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Page 20 Advertisements
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Advertisement742 1988-04-09 20 APPOINTMENTS Programmer 1 Services Pte Ltd Member of Singapore Press Holdings Group Our Company is committed to excellence in newspaper printing and distribution services, lie print the major newspapers of Singapore and several well known international dailies lor regional distribution, using advanced technology including electronic satellite transmission. The Company is742 words
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Page 21 Advertisements
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Advertisement857 1988-04-09 21 BE PART OF A SUCCESS STORY Due to recent sales biltz in Singapore amounting to $2 million to MNC's and Government bodies, CADNETIX SINGAPORE is looking for suitable candidates to join as APPLICATION ENGINEERS. Cadnetix Singapore is a fast growing subsidiary of Cadnetix Corporation and was incorporated in Singapore in857 words
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Page 22 Advertisements
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Advertisement642 1988-04-09 22 Software Enthusiasts. The stage is all yours... ...at Seagate's Research Development Centre in The Singapore Science Park. Yes, this is where were leading the future in the data storage industry... including the development of a revolutionary line of optical drives. Software Development Engineer This is a newly-created opening. With our642 words
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TIMESPORT
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760 1988-04-09 23 CONRAD RAJ - Tote Board rejects appeal for ‘adoption* By CONRAD RAJ A LAST DITCH attempt by the Singapore Turf Club to preserve its name and existing membership has failed. The Singapore Totalisator Board (Tote Board), the newly formed watchdog on horse racing in the760 words
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THOSE FAS CONTRACT OFFERS – AT HOME AND ACROSS THE CAUSEWAY
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Article, Illustration301 1988-04-09 23 – JOE DORAI - JOE DORAI. SINGAPORK skipper and first-choice goalkeeper David I,ee has put off his trip to Australia and accepted a one-year contract with the Football Association of Singapore. David informed the FAS last week that he would be accepting the offer but301 words
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Article58 1988-04-09 23 PREMIER LEAGUE champions Geylang International completed a soccer double when they defeated Balestier United 3-1 in the Singapore Pools Cup final at the National Stadium last Saturday. Geylang, spearheaded by internationals Eandi Ahmad and Malek Nawab, outclassed their opponents before a crowd of 9,006, a record for58 words
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Article, Illustration232 1988-04-09 23 THE Pahang Football Association have dashed former Singapore international Rajagopal Suriamurthi’s plan to sign a one-year contract with the Football Association of Singapore, starting from next month. Instead, the PFA have decided to extend Suriamurthi’s existing contract by another year. The232 words
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Article66 1988-04-09 23 KUALA LUMPUR The Rukit Turf Club is now associated with the Malayan Racing Association. This was decided at a special MRA meeting here last night. The three turf clubs in Peninsular Malaysia are already associated clubs under the MRA. The Rukit Turf luh will66 words
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Article, Illustration425 1988-04-09 23 HAKIKAT RAI - 1987 Singapore Sportsboy, and Sportsgirl awards By HAKIKAT RAI NG YUE MENG and Lina Ong were crowned Singapore's Sportsboy and Sportsgirl of 1987 on Thursday. The award was twice as nice for swimmer Yue Meng, 18, as he topped the list in 1986 too.425 words
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Article643 1988-04-09 24 RAV DHALIWAL - Ban on high tar cigarettes and stricter ad rules soon By RAV DHALIWAL THE Government will soon introduce regulations aimed at further curbing smoking and plugging loopholes used by companies to get around the existing limits on cigarette advertising. These new regulations include a ban643 words
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Article, Illustration414 1988-04-09 24 JANICE SEAH - By JANICE SEAH THE sounds of high society and high living filtered down through the portholes of the large green yacht moored at berth K 36 at the World Trade Centre. Inside the vessel, satin swished against chiffon. Silk melted against magnolia-white414 words
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342 1988-04-09 24 LESLIE FONG - By LESLIE FONG MR LEE Kuan Yew leaves tonight for a five-day visit of the United States that will underline the continuity of good bilateral relations. He will be accompanied by Mrs I-ee, Dr Richard Hu, the Finance Minister, Mr Wong342 words
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Page 24 Advertisements
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Advertisement6 1988-04-09 24 Nikon Thĕ World’ Fintsl Phofofrtpltlc Sytlom6 words
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Page 24 Miscellaneous
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Miscellaneous48 1988-04-09 24 SUN TAN By Collette MjW itauiuE iz 7 HMO& 7HMO& I TH/nK OF you .tmtuss \JTHMKCFVouf THAT* HoT 7KUfc- l THmMouricu AIITHG7M£-j 70« HArt HoIUiPCtT FOA'/OUA HUitAnD. ih FAttr you Don't 6 it/6 Mt A ThouMT? T O a a o S 3 SD Stt c"\ rIV N-948 words
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