The Straits Times : Weekly Overseas Edition, 11 September 1988
1988-09-11
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-09-11 1 The Straits Times WEEKLY OVERSEAS EDITION SUNDAY, SEPTEMBER 11, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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Article, Illustration2318 1988-09-11 1 General Election ’BB an analysis Saturday’s general election, in which the People’s Action Party won all but one of the 81 seats in the next Parliament with 61.8 per cent of the popular vote, has been described as a watershed. Prime Minister Lee Kuan Yew2,318 words
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Article57 1988-09-11 1 The Workers’ Party took the heaviest beating. Not only did it fail to win any seats, it also saw its total share of votes plunge. Taking into account the party’s merger with the Barisan Sosialis and the Singapore United Front, its share of votes fell from 24.657 words
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Article, Illustration662 1988-09-11 1 ALAN JOHN - New MP Dr Seet Ai Mee becomes the first woman Minister of State LATEST NEW CABINET LINE-UP By ALAN JOHN THERE were no surprises in the now Cabinet named yesterday by First Deputy Prime Minister Goh Chok Tong, who announced that the Government intends662 words
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368 1988-09-11 1 AFTER THE HANDOVER FIRST Deputy Prime Minister Goh Chok Tong wants Mr Lee Kuan Yew to remain in the Cabinet after he stepo down as Prime Minister. Mr Goh said yesterday he considered it a waste of Mr Lee’s vast political acnmcn368 words
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Page 1 Advertisements
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Advertisement7 1988-09-11 1 Parties 9 morning-aiter post-mortems See Pages 2-57 words
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Advertisement8 1988-09-11 1 3>a n* w.. Membership has its privileges s8 words
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Elections ’88 post-mortem
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Article, Illustration704 1988-09-11 2 Priority now is new line-up, he tells post-election conference FIRST Deputy Prime Minister Goh Chok Tong confirmed at a 3.40 am post-elec-tion press conference last Sunday that he would he ready to take over as Prime Minister withinPicture by FRANCIS ON(i. - 704 words
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651 1988-09-11 2 PRIME Minister Lee Kuan Yew said yesterday that although he was a hard taskmaster, he was “fairly satisfied” with the way the second-genera-tion leaders had fought the election campaign. Replying to questions at the post-election press conference early last Sunday morning651 words
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Article, Illustration755 1988-09-11 3 r @1233 I Top 10 single seats l 1 «/.ot valid 1 votes 1 1 Name I 1 81 6 I tee Kuan Yew 79 1 I tee Hs*n loong 78 2 Eugene Yap I** um Boon Heng 75 2 I Ho Kah Leong 74 2755 words
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Article, Illustration353 1988-09-11 4 MR NG Pock Too and Mr Mah Bow Tan, the two defeated PAP candidates in t ho 1984 general election, last Saturday won decisive victories to get into Parliament. Mr Ng, who contested in Nee Soon Central, a new353 words
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Article194 1988-09-11 4 MORK than 39,009 voters cast spoilt votes in the general election. This is about 2.2 per cent of the nearly 1.1 million people who voted. In percentage terms, it is 0.7 per cent lower than in the 1981 general election. In absolute terms, however, it is higher194 words
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397 1988-09-11 4 THE bid by the Singapore Malay National Organisation (PKMS) to convince voters that it is now a non-communal party appears to have failed, with all its four candidates losing badly in the general elections. Its first-ever non-Malay candidate, Mr Abdul Karim Abdul397 words
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Article, Illustration647 1988-09-11 4 SINGAPORE’S younger electorate, many of whom voted for the first time last Saturday, are beginning to “bond with the younger leadership”, Brigadier-General Lee Hsien Loong said. Speaking at the PAP’s post-election press conference early on Sunday morning, he said many things had647 words
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Article, Illustration237 1988-09-11 4 Harbans thrashed again but he vows: I will try again MR HARBANS Singh's United People’s Front was soundly thrashed in the general election, as it had been in previous elections. He and the other four UPF candidates lost by big margins to the PAP. Two of them Miss Giam Lai237 words
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Article, Illustration641 1988-09-11 5 Jeya: We have not rejected non--constituency seats All 32 Workers’ Party candidates defeated THE Workers’ Party has not rejected the two non-constituency MP seats that will he offered to two of its three candidates in the Eunos Group Representation Constituency. The team, comprising lawyer Francis Seow, Dr Lee Siew Choh641 words
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423 1988-09-11 5 SINGAPORE Democratic Party leader Chiam See Tong said that his immediate concern now that he had been re-elected was to show that Opposition parties could also run town councils well. Returned in Potong Pasir for a second term, he explained: "It423 words
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Article, Illustration377 1988-09-11 5 MR S. Dhanabalan thinks said the 63.2 per cent share of valid votes netted by the PAP in the general election is likely to be the norm in future polls. Speaking after a two-hour victory tour of Kallang377 words
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Article, Illustration340 1988-09-11 5 Mr Kenneth Chen (PAP), candidate for Potong Pasir, after he was beaten by Mr Chiam See Tong (SDP): When asked what his plans were politically, he said: “It’s a question I am too tired to think about now. If it is the choice of the people, I would340 words
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HOME
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Article, Illustration434 1988-09-11 6 NANCY LOH - By NANCY LOH A RETIRRD Singaporean businessman, who had earlier denied he was the father of a 12-vear-old boy by a Taiwanese woman, this week agreed in court to pay her $350 a month for the boy's maintenance. A comparison of the434 words
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266 1988-09-11 6 THE American Embassy Is moving from Its long established 1111 l Street site to a proposed state-of-the-art tight security building estimated to cost more than )IM million. The embassy has not revealed where the new site will be but property sources say266 words
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Article, Illustration433 1988-09-11 6 CHUA CHONG JIN - By CHUA CHONG JIN A SINGAPOREAN scientist who confessed to being “crazy" about science has been appointed to the prestigious position of Andrew A. Mellon Professor at Rockefeller University in New York. He succeeds Professor Emeritus and Nobel laureate Christian de Duve433 words
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Article, Illustration265 1988-09-11 6 A MINISTERIAL committee will be set up to study ways of using the Central Provident Fund for education. This was revealed by Finance Minister Dr Richard Hu, who said the committee would comprise the Education and Labour Ministers and Dr Tan Cheng265 words
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Article, Illustration325 1988-09-11 6 $2 10m for a new Tan Tock Seng THE Government is to spend $2lO millionn to redevelop the Tan Tock Seng Hospital, the acting Minister for Health, Mr Yeo Cheow Tong, announced. The hospital will be the first here to take note of Singapore’s greying population, for it will house325 words
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Article80 1988-09-11 6 FIVE local banks have raised the starting salaries for clerks to retain staff and attract new employees in the present tight labour market. And talks are going on with several more banks to follow suit, union officials said this week. The Oversea-Chinese Banking Corporation and80 words
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Article, Illustration453 1988-09-11 7 BEN DAVIDSON - By BEN DAVIDSON BUSINESSMAN Allan Ng’s purchase of one million Sealion Hotels shares two years ago was illegal because he used information “generally unavailable” and which was likely to materially affect the share price, a district court heard this week. Senior453 words
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354 1988-09-11 7 SINGAPORE-born jockey Edward Chan, disqualified for life by the Malayan Racing Association (MRA) last month, won a temporary High Court order in Penang on Wednesday restraining the association from hearing his appeal against the disqualifica-' tion, set for yesterday. Mr Justice Wan Adnan354 words
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418 1988-09-11 7 YAW YAN CHONG - By YAW YAN CHONG A SCHOOL principal last week refused to bail out his mentally-ill son who had languished in remand prison for the past 22 months. District Judge Chang Kok Ming called for a probation report on Victor418 words
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267 1988-09-11 7 THE 5,100 daily-rated workers of the Housing and Development Board have received an assurance that they will not lose their jobs when town councils are set up over the next 2' i years. Mr K. Durai, the general secretary of the HDB Dai-ly-Rated Employees267 words
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397 1988-09-11 7 TAN TECK HUAT - By TAN TECK HUAT THE Sheng-Li Group this week signed an agreement with British Aerospace (BAe) to form a new joint-venture company, called Singapore British Engineering, to market defence products in the region. Sheng-Li, the Govern-ment-owned group of local defence companies, will have397 words
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Article94 1988-09-11 7 A PENANC»-horn mechanical engineer was awarded $350,000 agreed damages by the High Court here this week for Injuries suffered In a two-car accident six years ago. Mr tiunasegaran Arumugam, 35, who now lives In London, was in a coma for a month after the accident. He suffered94 words
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488 1988-09-11 8 NANCY LOH - By NANCY LOH LAW. medicine and teaching are tops, but acting as a career commands little interest among Singapore's express-stream teenagers, a study shows. Of 510 teenagers, 198 hoped to be a lawyer, doctor or a teacher. Only seven wanted to be actors.488 words
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269 1988-09-11 8 SINGAPOREANS have again got into the Guinness Book of Records Eour local entries are listed in the 1989 edition two new ones and two from earlier editions. One recent addition is the world’s longest dragon the 136.84 m dragon, commissioned by Raffles269 words
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94 1988-09-11 8 TWO Republic of Singapore Air Force transport planes containing supplies like blankets, ground sheets and food left here last week for Kathmandu. The supplies were part of Singapore’s relief aid to the victims of the earthquake disaster in Nepal. A contingent of 23 men,94 words
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274 1988-09-11 8 PM Lee donates $30,000 damages to Chest, R I fund PRIME Minislor I,ee Kuan Yew has donated to the Community Chest and the Raffles Institution endowment fund the $30,000 that he received in damages from former Barisan Sosialis leader Dr Lee Siew Choh. Two separate cheques, each for $15,000, were274 words
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369 1988-09-11 8 How to run town councils by HDB A MANUAL on how to run a town council is being prepared by the Housing Board. It will draw on the experience of the Ang Mo Kio pilot project, said National Development Minister S. Dhanabalan. Six months before a Member of Parliament takes369 words
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Article131 1988-09-11 8 LAWYER Thomas Tham, 40, was cleared last week of three charges involving $160,000. Tham was acquitted by District Judge F.G. Remedios, after a hearing of about 40 days since the case started last year, because the prosecution “had not proved its case beyond reasonable doubt.” He131 words
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Article, Illustration228 1988-09-11 8 THIS year’s top medical graduand will have this degree title after his name: MHKS (Honours). According to a National University of Singapore spokesman, Or Erie Yap Feng Hunt, 24, Is the first person In a decade hen* to pass228 words
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Article300 1988-09-11 8 IJM YKKN FONG - IJM YKKN FONG. TWELVE of this year’s 13 engineering graduates from Nanyang Technological Institute who were awarded first-class honours, have done the Singapore Polytechnic proud they were once students at the polytechnic, three of them winning gold medals. The remaining graduate with first-class honours,300 words
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722 1988-09-11 9 NARENDRA AGGARWAL - By NARENDRA AGGARWAL DEMOGRAPHERS and statisticians are known to be fond of saying that women are the ‘‘stronger’’ of the two sexes. They base their statement on sound facts: almost all over the world, women outlive men. Here in Singapore, men have an722 words
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160 1988-09-11 9 THE number of woman smokers in Singapore more than halved in the 10 years since 1977, a survey shows. They now form a minute percentage of the population: Only about 2 per cent of women polled last year smoked. But the habit was160 words
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Article44 1988-09-11 9 TELECOMS on Wednesday announced a temporary suspension of all mail services to Britain because of a general postal strike there. Telecoms said all letters, parcels and Speedpost items posted before the suspension may be delayed or returned to senders.44 words
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488 1988-09-11 9 MATHEW PEREIRA - By MATHEW PEREIRA THE Five Power Defence Arrangement (FPDA) is just as valuable today as it was when it began in 1971 and continues to be a factor in ensuring regional stability, First Deputy Prime Minister Goh Chok Tong said this488 words
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Article, Illustration322 1988-09-11 9 SINGAPORE has slammed the NonAligned Movement for what it sees as weakness and indecision. Singapore’s permanent UN Representative, Mr Kishore Mahbubani, addressing a conference of Non-Aligned foreign ministers in Nicosia, Cyprus, criticised the movement for failing to promote settlements in Afghanistan, Angola, Cambodia or the322 words
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across the CAUSEWAY
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Article, Illustration615 1988-09-11 10 ISMAIL KASSIM - Samad ‘should not have announced it to the world’ minister By ISMAIL KASSIM: Kuala Lumpur KUALA LUMPUR Contending factions from the deregistered Umno have reacted coolly to a proposed mediation attempt by a group of party veterans to bring them together for the sake615 words
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Article, Illustration121 1988-09-11 10 FORMER Universiti Malaya Vice-Chancellor Royal Professor Ungku Aziz (above) being conferred the title of Professor Emeritus. The award was presented by the Chancellor, Sultan Azlan Shah, at the university’s convocation in Kuala Lumpur last weekend. Prof Ungku Aziz is the fourth Malaysian academician toNST picture - 121 words
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Article, Illustration464 1988-09-11 10 NST KUALA LUMPUR Datuk Seri Dr Mahathir Mohamad has urged Malaysians to forget about the problems of the mid1980s and instead look forward to the 21st century. And becoming an industrialised nation in the coming century was no longer a pipe-dream,NST - 464 words
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Article122 1988-09-11 10 ALOR STAR Marriage for Muslim men here will no more mean merely exchanging vows. From now on, they will have to pass a test before they can take their marriage vows, The Star reported. State Religious Council president Datuk Sheikh Yusof Ismail said on Thursday122 words
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219 1988-09-11 10 KLUANG (Johor) The Johor National Front is gearing up to face a by-election in the Parit Raja State seat which fell vacant following the death of State Assembly Speaker Datuk Syed Zain Idrus Al-Shahab Acting Mentri Besar Datuk Yunos Sulaiman told The Star219 words
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Article, Illustration181 1988-09-11 10 KUALA LUMPUR Former Umno members have approached former Prime Minister Tun Hussein Onn for help in the Parit Raja state by-election, The Star reported on Tuesday. "We hope Tun Hussein will give us his support," said Sungai Benut MP Tawfik Ismail, one of181 words
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249 1988-09-11 10 ciiiiai min weic m ISMAIL KASSIM - ciiiiai min weic m ISMAIL KASSIM KUALA LUMPUR Datuk Musa Hitam may call off his plan to swear on the Quran in a mosque to underline the truthfulness of his allegations against Prime Minister Datuk Seri Dr Mahathir Mohamad.249 words
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across the CAUSEWAY/ ASEAN
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Article, Illustration348 1988-09-11 11 KUALA LUMPUR Surprise witness at tribunal FORMER Lord President Tun Suffian Hashim and four other witnesses were called this week to counter allegations of “gross misbehaviour’’ against five suspended Supreme Court judges who are appearing before a tribunal set up to determine their348 words
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331 1988-09-11 11 NST LONDON There has been angry reaction in Britain to a recent BBC television report on the Malaysian political scene. Society of British Aerospace Companies (SBAC) chief of public affairs Air Commodore A. D. A. Honley has described the report as damaging to British-Malay-sianNST - 331 words
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175 1988-09-11 11 KUALA LUMPUR The opposition Democratic Action Party wants national service introduced in Malaysia, the DAP’s acting secretary-general Lee Lam Thye said here. He said it was “the best way of preparing the people to play their role in safeguarding the nation’s peace175 words
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197 1988-09-11 11 JOHOR BARU The Johor State Economic Development Corporation (JSEDC) had accumulated assets valued at a record Msl billion (Ss76o million) up to last year, Mentri Besar and corporation chairman Muhyiddin Yassin said. In the latest JSEDC annual report released this week, he said197 words
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168 1988-09-11 11 BANGKOK Thai Members of Parliament have introduced a draft Bill to carry out the 11-year-old Kra canal project in southern Thailand. The official Thai News Agency (TNA) reported that Thai Nation Party MP Nlyom V'orapanya told Parliament last Friday the government should seriously168 words
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Article, Illustration483 1988-09-11 11 Yang Razali Kassim - By Yang Razali Kassim, lakarta Correspondent JOGJAKARTA Former Indonesian foreign minister Dr Mochtar Kusumaatmadja said last weekend that Beijing should make the first conciliatory move if normalisation of diplomatic ties is to take place. This was because Indonesia has felt it483 words
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150 1988-09-11 11 AFP. JAkAKTA The Indonesian government has appealed to thousands of stateleas Chinese to accept an amnesty offer as a first step to obtaining Indonesian citizenship, the official Antara news agency reported. Antara quoted the head of the Immigration office, Brig-adier-General Ron! Slkap Slnuraya,AFP. - 150 words
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Article162 1988-09-11 11 AFP. MANILA President Corazon Aquino on Tuesday sent birthday wishes to her exiled predecessor, former President Ferdinand Marcos, but repeated that she would leave the issue of his return to the courts. “I would like to wish Mr Marcos a happy birthday,” Mrs Aquino saidAFP. - 162 words
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COMMENT/ Pick of the week’s editorials
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Article650 1988-09-11 12 The StmitsTiines MONDAY, SEPTEMBER i, IMB ALTHOUGH nearly 40 per cent of the votes went to the opposition, the People's Action Party was returned to a new five-year term in handsome fashion, winning 80 of the 81 seats in Saturday’s general election. The sole loss650 words
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Article517 1988-09-11 12 BUSINESS TIMES TUESDAY, SEPTEMBER 6. 1988 THE TRANSITION of political leadership can sometimes be a bumpy, even violent process, particularly in Third World countries. Look at what happened in South Korea when President Chun Doo-Hwan passed the baton on to his successor Roh TaeWoo the country517 words
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Article553 1988-09-11 12 New St raitsTimes MONDAY, SEPTEMBER 5,19 M IN speaking of his heir-apparent, First Deputy Prime Minister Goh Chok Tong, Prime Minister Lee Kuan Yew noted that Mr Goh was “trying to please too many people”. Too much bottom paddling and kissing when a karate553 words
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565 1988-09-11 12 THE Singapore General Election result has been described by Hongkong’s South China Morning Post as a victory for Prime Minister I,ee Kuan Yew’s style of government. The Post, English-language daily, South China Morning Post, which usually takes a hostile565 words
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Article163 1988-09-11 12 “It was a narrow moral escape. It was just not a battle between two parties but a moral battle.” Dr Tay Eng Soon, commenting on the election results in Eunos GRC. “I would like to pray that God will give him the wisdom and understanding to think about163 words
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COMMENT/ Perspective
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Article, Illustration1615 1988-09-11 13 Umno dissident Datuk Shahrir Abdul Samad’s victory in the recent Johor Baru by-election has set a precedent which could have serious implications on the nature of race-bound politics in Malaysia. For the first time since independence in 1957, non-Malays became involved1,615 words
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Article, Illustration1502 1988-09-11 14 NCMPs Govt’s answer to need for an opposition in Parliament Following the election of Mr Chiam See Tong as the sole opposition MP last Saturday, two of the three Workers’ Party candidates for the Eunos constituency lawyer Francis Seow, Dr Lee Siew Choh and contractor Mohamed Khalit Baboo will be1,502 words
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571 1988-09-11 14 HENRY RODRIGUES - By HENRY RODRIGUES THE Malay language is alive and well in Singapore though the spoken Malay of the younger generation is slipping. That is the consensus among officials involved in the Malay language and Cultural Month. The month, which began on571 words
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Article, Illustration982 1988-09-11 15 TAN SAI SIONG - By TAN SAI SIONG Unless the number of geh angmo Chinois (Chinese faking as whites) can be contained as the delightful and eccentric minority they are today, tomorrow one may have to begin counting the geh angmo Indien or geh angmo Malai982 words
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Page 13 Miscellaneous
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Miscellaneous9 1988-09-11 13 A <( a kr: cr M jKs?? *kawsfess«* ?***”> mil 3uf19,%110)9 words
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Page 15 Advertisements
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Advertisement732 1988-09-11 15 REACH SINGAPORE FROMHOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 3t, 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 Temple Chambers,732 words
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TIME$
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Article4374 1988-09-11 16 Friday, Sept 3, 1988 Gr's 1988 Tel Last Yld Vol Day Last Quote High Low Code Company Sale orV. (000) High Low Buyer Seller SECTION ONE INDUSTRIAL COMMERCIAL 141 95 e looo Acma 120 •1 08 12 120 119 119 120 85 42 1001 Alcorn 694,374 words
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61 1988-09-11 17 THE day-to-day ST Industrial indices and daily turnover for the week* MONDAY:* 1,067.61 points (up 17.77); 45.11 m units (value $78.62m); TUESDAY: 1,082.28 (down 4.76); 23.09 m units ($34.97m); WEDNESDAY: 1,063.20 (up 0.92); 18.85 m units ($33.99m); THURSDAY: 1,066.61 (up 3.41); 17.8361 words
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Article59 1988-09-11 17 HONGKONG prices closed generally lower in thin trading on the Hongkong share market yesterday. The Hang Seng Index lost 11.97 points, closing at 2,496.56. Turnover amounted to HK$39O million against HKJ4BI million the day before. Prices opened lower with the index losing more than 19 points59 words
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Article367 1988-09-11 17 Sept 2 HKJ Chtnfe Assoc Inti Hotels 2 80 -0 025 Bonk Of Eost Asia 1630 unch Copital Corp 0 72 002 Cathay Pocifie Air 8 10 0 05 Cheung Kong 7 10 0 05 China Light 15 40 03 City Resources 1 I6N unch Cross Horto Tunnel 1500367 words
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183 1988-09-11 17 Weekly sharemarket report A SPURT of activity after the PAP landslide victory in the elections pushed both turnover and the ST Industrial Index up on Monday volume going up to 45.11 million units from last Friday's 34.92 m and the Index183 words
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Article216 1988-09-11 17 Friday report YESTERDAY marked yet another quiet and featureless trading day on the Singapore market. It was a pace that began early this week. Prices yesterday finished easier across the board with The Straits Times Industrial Index down 3.08 points at 1,063.53. The broader-based Business Times Composite216 words
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Article87 1988-09-11 17 THE KUALA LUMPUR stock market closed lower across a broad front yesterday in dull trading. Following an easier start prices ended lower at the noon close after a sluggish morning. Buying support remained generally weak although selected quality stocks man- aged to hold steady. Brokers noted87 words
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266 1988-09-11 17 Interbank Over the counter Foreign Local dollars to Foreign currency currency one unit o( foreign currency to SJ10 Australian dollar 1 6404-1 643? 6 20 6 05 Canadian dollar 1 6430 1 6451 614 -6 04 N/ dollar 1 2677-1 2703 8 08 -7266 words
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756 1988-09-11 18 DAMIEN LIM - Conglomerate’s earnings boosted by a one-third higher turnover By DAMIEN LIM CONGLOMERATE Sime Darby has posted an all-time record group pre-tax profit of M 5308.3 million (*****.81 million) for the year ended June a 70-per cent leap over its 1987 figure of MslBl.B756 words
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245 1988-09-11 18 A surprise turnaround, United Industrial Corporation on Tuesday announced that its proposed sale of a majority stake in First Capital Corporation to Hong-kong-listed Dao Heng Holdings has been called off. In a statement, UIC which holds a 79-per cent stake245 words
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Article116 1988-09-11 18 Rubber (per kilo) S’pore Malaysia (cento) (sen) Sop 5 241 50 330.50 Sop 6 237 00 328.50 Sop 7 237 50 328.00 Sop 8 240 50 .328 50 Sop 9 240 00 327.00 Palm oil (tonne) Price 1 <ast Trade (Itinggit) Sales Month Price Last Trade Sales Sept116 words
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Article189 1988-09-11 18 Week ended September 2. Compiled by Business limes. Final results Gross Group net Year to Company dividend profit/loss 000) Larut Tin MJ2.272MJ3.899L) Mar 87 Matsushita 25(25) MJI0, 207($8.559c) Mar 88 MBt Finance 1(5) 11,509(14,836) Sept 87 M sia Aica 3(3) Mil,003(1291) Mar 88 PMC 2TE(6T[) MI4,724(12,434) Mar189 words
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402 1988-09-11 18 Bernama KUALA LUMPUR Finance companies lent M 54.52 billion (553.45 billion) to the bumiputra community in the three months to the end of March, Bank Negara said in its latest quarterly bulletin. Total loans extended during the period rose by a substantial Ms7o6Bernama - 402 words
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377 1988-09-11 18 made A 5942,000. – LIM ENG HAI - made A 5942,000. LIM ENG HAI. AN A54.7-million (557.7-mil-lion) problem loan has dragged the Australian subsidiary of Oversea-Chinese Banking Corporation into the red. The subsidiary, Bank of Singapore (Australia) Ltd, lost A 54.32 million before tax for the first six months of this377 words
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Article78 1988-09-11 18 KING’S Hotel Ltd, the listed-subsidiary of property group City Development Ltd, has moved back into the black with an interim pre-tax profit of $516,000. The group, which for the first six months of last year recorded a pre-tax loss of $39,000, saw its turnover increase by 2.778 words
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448 1988-09-11 19 LIM ENG HAI - By LIM ENG HAI CITY Developments Ltd has beaten several rivals to a hig pieee of bungalow land between Peirce and Kwettenham roads. It signed an agreement last week to buy the freehold plot of more than half a million square feet for448 words
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427 1988-09-11 19 LIM ENG HAL - LIM ENG HAL THE operating profit of Cold Storage Holdings PI,C went up by almost a quarter in the latest six-month period but rising raw material prices and operating costs could dampen growth in the current half. The food retail giant raised operating427 words
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Article291 1988-09-11 19 Managers' prices for September 10 12 Singapore Unit Trust The Commerce 098 l 04 The Savings Fund 0 86 0 9? S pore Prog Fund 0 41 04b Spore Sec Fund 0 65 0 /Oid Spore Invest fund 069 0 /4 S pore Equity Fund 0 49 0291 words
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288 1988-09-11 19 Town City to contest $47m claim by creditors TOWN City Properties Ltd, which is left without any business after creditors foreclosed its two hotels, looks like it is going to busy itself contesting multi-mil-lion dollar claims from its creditors. At a recent court hearing, it won the right to defend288 words
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97 1988-09-11 19 CITY Developments has reported a 0.6-per cent increase in pre-tax profit for the six months to June $14.39 million against $13.87 million previously. However, a loss of $1.32 million from associated companies compared with a contribution of $2.09 million previously drove the group's bottom-line down97 words
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304 1988-09-11 19 Reuter THE Malaysian ringgit is attracting local and foreign speculators who believe the currency is undervalued, foreign exchange dealers said in Kuala Lumpur yesterday. The currency closed at 2.6450 85 to the US dollar yesterday against last Friday's close of 2.6720 30. Dealers said it roseReuter - 304 words
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133 1988-09-11 19 IN A move which would give small investors a greater choice of stocks to invest in, the Stock Exchange of Singapore is allowing higher-priced stocks to be traded in smaller lots. In a statement, the SES said ail companies whose shares have133 words
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Article792 1988-09-11 19 Current Ei Books Date Total tor Total tor payment dele close payable the year laat year Ale* Hldgs 4% lb) Aug 30 Sep 9 Sep 26 6% 6% Asiatic Dev 2% «1 Oct 12 Oct 26 Nov 21 2% 5% B Raya 1%(ll Sep 15 Sep 29 Oct792 words
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FORUM
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Article459 1988-09-11 20 I WOULD like to respond to Tan Sai Siong’s Aug 21 article about “negative Western influences’’ in Singapore. The article expresses the author’s very subjective and judgmental opinion of certain Singaporeans she categories as goh ang mo (faking as whites). One point that Ms Tan459 words
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379 1988-09-11 20 1 REFER to the letter "What makes a true Singaporean" by Mr Jeff Ho. (ST, Aug 26 .see above). The writer does not seem to know the history of the Chinese. The Manchu, a minority in China today, once occupied and ruled the379 words
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194 1988-09-11 20 Geh angmos like a ship without compass 1 WOULD like to respond to Mr Jeff Ho. (ST, Aug 26). I believe he is a typical geh angmo Singaporean. I think he has misunderstood Ms Tan Sai Siong’s article. Singapore has these major races Chinese, Malay and Indian. What Ms Tan194 words
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Article198 1988-09-11 20 I AM a primary school pupil. I would like to rebut the points in Mr Jeff Ho's letter. (ST. Aug 26). He said we are Singaporeans, not Chinese. I agree we are Singaporeans and I am very proud to call myself one. But, does he dare198 words
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Page 20 Advertisements
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Advertisement208 1988-09-11 20 >. r; 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 the208 words
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Advertisement96 1988-09-11 20 Dear Overseas Readers THE Straits Times welcomes tetters 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 would96 words
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Page 21 Advertisements
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Advertisement848 1988-09-11 21 APPCHNTMEMTS/NanCES O National University SB Hospital Singapore Excellence: Our Mission, A Commitment Share our mission in providing personalised quality patient care with state-of-the-art medical technology. National University Hospital is a 700-hedded multi-specialty teaching hospital that oilers you a career not a job a commitment to achieve excellence in patient care,848 words
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Advertisement915 1988-09-11 22 APPOINTMENTS C Services Pie Ltd Member of Singapore Press Holdings Group Singapore Newspaper Services Pte Ltd is committed to excellence in newspaper printing and distribution services. We print the major newspapers of Singapore and serveral well known international dailies for regional distribution, using advanced technology including electronic satellite transmission. We915 words
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TIMESPORT
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Article, Illustration618 1988-09-11 23 JOE DORAI - MALAYSIA CUP: Singapore 0 Kelantan 0 By JOE DORAI VICTORY, to enhance their chances of qualifying for the quarter-finals of the Malaysia Cup soccer competition. was what both Singapore and Kelantan were after at the National Stadium last Sunday night. But both did not achieve• PICTURES BY JERRY SEH - 618 words
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Article126 1988-09-11 23 CUP-HOLDERS Kuala Lumpur (Federal Territory), hot favourites for the League and Cup double this year, widened their lead at the top of the Malaysia Cup table to six points last Sunday with a crushing 54 awav victory over lowly Brunei. But serond-placed Kelantan kept up thetr126 words
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Article189 1988-09-11 23 P W D L F A Pt KL<*> 18 1 1 32 6 28 Kelantan (7) 12 8 1 3 27 8 25 Sarawak (14) IS 8 5 2 16 11 23 Singapore (3) 12 5 6 1 17 5 21 Penang (IS) 12 8 3 3189 words
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Article52 1988-09-11 23 SATURDAY Perils 1 Pahang 2 SUNDAY Johor Malacca 1 Perak 1 Trengganu S Sarawak 2 Selangor Armed Forces i Kedah 2 Singapore Kelantan 1 Sabah Kuala Lumpur 5 WEDNESDAY Negri 2 Armed Forces FRIDAY Kelantan 5 Malacca 1 Negri 1 Sarawak 2 Singapore 4 Brnnel Pahang i52 words
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Article119 1988-09-11 23 SKLANGOR, one-time greats of Malaysia Cup soccer, continue to be the despair of their fans. With only three wins under their belt, out of II matches, they are lying fourth from the bottom of the 17-team league table, with their chances of qualifying for the quarter-finals of119 words
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443 1988-09-11 23 GODFREY ROBERT - MALAYSIA CUP: Singapore 4 Brunei 0 By GODFREY ROBERT WHEN your top striker who also happens to be the com pet it ion’s No. 1 goalgetter last year becomes the target of boos and abuse, something is definitely wrong In fact,443 words
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242 1988-09-11 23 – MALCOLM BASTIANS - ON THE TRACK MALCOLM BASTIANS. PENANG The Penang Sprint Trophy meeting is over, but talk is still buzzing over the horse that is likely to earn well over $700,000 in stakemoney before the season is out He’s Dawan. To date, the American242 words
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211 1988-09-11 23 GOLF: LADIES OPEN KEE BEE KHIM'S bid to make it seven-in-a-row in the Cartier Singapore Ladies Golf Association Open failed when she was beaten to third place by Filipina challengers Sylvia Torres and Yvette Deleon at the Tanah Merah Country Club this Bee211 words
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172 1988-09-11 24 Dr Lee and Seow to be first non--ward MPs IN A reversal of party policy, the Workers' Party said yesterday afternoon that it will allow lawyer Francis Seow and Dr Siew Choh to accept an offer to be nonconstituency Members of Parliament. Announcing this, WP secretary-general J.B. Jeyaretnam declared that172 words
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Advertisement6 1988-09-11 24 Nikon Th« World'§ Finatt Photographic Syttam6 words
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