The Straits Times : Weekly Overseas Edition, 6 May 1989
1989-05-06
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-05-06 1 The Straits Time WEEKLY OVERSEAS EDITION SATURDAY. MAY 6. 1989 Price: 511.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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Article, Illustration768 1989-05-06 1 BRENDAN PEREIRA - By BRENDAN PEREIRA SINGAPORE has questioned the claim by the Indian High Commission and authorities in New Delhi that they were unaware of the presence ol Indian illegal immigrants and overstayers here. In a joint768 words
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Article212 1989-05-06 1 INDIAN nationals in Singapore without valid travel or work documents will be given two weeks to register at the Indian High Commission tor eventual repatriation without being prosecuted here. This was agreed upon at a meeting between the Indian High Commissioner, Mr Yogesh Mohan Tiwari,212 words
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293 1989-05-06 1 JOHN KENNEDY - By JOHN KENNEDY in Dunedin TWO Singaporeans were among five people arrested after 2 kg of top-grade heroin, with a street value of more than NZ$l6 million (abouit Ss2o million), was seized from a motel in New Zealand. The arrests on Wednesday293 words
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208 1989-05-06 1 JOHN KENNEDY - By JOHN KENNEDY DUNEDIN (New Zealand) Two Singapore women tourists were killed and a third injured when their sight-scening helicopter crashed in New Zealand's major scenic attraction of Fox Glacier. 400 km west of Christchurch, on Tuesday. The dead women were Miss Teo208 words
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Article91 1989-05-06 1 QUEEN Elizabeth and the Duke of Edinburgh will make a state visit to Singapore from Oct 9 to 11 this year at the invitation of President and Mrs Wee Kim Wee. After the visit, they will be going to Malaysia for the opening of the91 words
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Page 1 Advertisements
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Advertisement54 1989-05-06 1 Gossip and the Sultan o£ Brunei Page 12 HOME Quayle in 2 Employers’ CPF rate to go up 3pc PAGE 5 New-born baby found in rubbish chute PAGE 6 CAUSEWAY Court lifts ban on Umno’s birthday party PAGE 9 EDITORIALS 1 PAGE 14 TIMESDOLLAR PAGES 15-19 I FORUM PAGE 2054 words
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HOME
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Article, Illustration679 1989-05-06 2 On US trade with Republic ‘No arguing that Singapore is an open market’ THE United States still hopes that Singapore will change its policy towards the foreign press, but that decision is for679 words
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Article53 1989-05-06 2 41 hope that when Mr Goh next visits the US I will be able to receive him there and we will be on a first name basis. It won't be a A name I read in the newspapers. Vice President Quayle Mr Goh mil be visiting53 words
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305 1989-05-06 2 RESERVIST non-commis-sioned officers studying at local tertiary institutions now have an opportunity to become officers with the Singapore Armed Forces footing the bill for their education. The I>ooal Study Award scholarship scheme, which was previously available only to officer cadets, will305 words
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138 1989-05-06 2 THE car growth in March was 9.3 per cent the highest in more than five years. A total of 3,578 new cars were registered. The 9.3 per cent was an annualised rate. The latest Registry of Vehicles figures showed that the total138 words
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Article342 1989-05-06 2 THE Government has no intention of altering its policy on foreign newspapers, First Deputy Prime Minister Goh Chok Tong told visiting US Vice-Presi-dent Dan Quayle on Tuesday. The issue arose during their 40-minute meeting, when Mr Quayle raised the subject of Singapore’s restricting the342 words
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258 1989-05-06 2 GO FOR the Japanese tourist’s ego. tell him he is the first intellectual Japanese to ask such and such a question even if you have heard it umpteen times before, a Japanese psychologist has advised people who serve holiday-makers from his country. "Don't make258 words
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Article, Illustration373 1989-05-06 3 JAPANESE Prime Minister Nohoru Takeshita has assured Mr la*c Kuan Yew that Japan would do everything possible to avert a trade war with the United States. He said bilateral problems were inevitable because of the close ties between Japan and the373 words
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Article, Illustration331 1989-05-06 3 THREE Singaporeans involved in a helicopter ••rash in New Zealand on Tuesday were such close friends and avid travellers that their families and friends called them the “inseparable trio”. They were working colleagues and long-time friends who had gone on overseas trips together for331 words
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Article116 1989-05-06 3 LEADERS of Chinese business community and clans hope this year’s Speak Mandarin Campaign can do more than encourage Chinese Singaporeans to speak the language instead of dialects. They want the campaign to promote the use of written Chinese and help raise its standard as well.116 words
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206 1989-05-06 3 LAWYER Francis Seow, who has been absent from his tax evasion tri- i als here, has taken up a scholarship at Yale University in the United States. He is doing research for a book he intends to write on political and legal developments206 words
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273 1989-05-06 3 A SCHOOLGIRL was reportedly torturer! and had her modesty outraged in a ritual linked to a “cult” formed by junior college students. Four students are being questioned by police after the parents of the 15-year-old girl made a police report last month. The273 words
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78 1989-05-06 3 A COOK, charged in February with the murder of his baby daughter, a victim of Down’s Syndrome, will face a preliminary inquiry on Sept 8. Chin Kok Keong, 31. a Malaysian, allegedly caused the death of Ophelia Chin Shi Si last Feb78 words
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87 1989-05-06 3 A TERN AGED girl, depressed over a broken love affair, fell from one of the higher floors of a 24-storey Mock of flaks in Holland Drive early on Wednesday. Miss Chua Yen Nee, 16, clad in a pink pullover and shorts, landed in a87 words
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Article, Illustration1363 1989-05-06 4 Rise in evangelical fervour worries Government THKRK may bo a need for legislation to ensure that Singapore’s inter-re-ligious harmony is preserved in the face of inrreasing evangelical fervour among the various religious groups. Trade and Industrv Minister Lee Hsien1,363 words
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205 1989-05-06 4 UNDERGRADUATES with personal computers are now getting their examination results In the comfort ol their homes, instead of being caught in the “results crush” at their campus. National University of Singapore students with computer accounts can also use the SO# works!» tions205 words
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314 1989-05-06 4 ON TOP of July’s expected room rate increase of 10 to 20 jier cent, hoteliers are already planning lo raise their tariffs by a further b to 30 per cent in January next year. They say another in crease is314 words
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114 1989-05-06 4 A CUSTOMS officer, who fired shot from his revolver during a ear chase with suspected cigarette smugglers over the weekend, Is under investigation. Although the suspects stopped their van moment» after the shot was fired, police said the use of firearms in this114 words
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610 1989-05-06 5 PRIVATE companies deciding how to reward their workers this year have been advised by Prime Minister Lee Kuan Yew to look at the measures taken hy the Government. Mr Lee said in his May Day message that the (iovernment had set610 words
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Article, Illustration708 1989-05-06 5 Rates revised to 15pc for bosses, 23pc for workers FROM July 1, employers will contribute three per cent more to the Central Provident Fund while employees will contribute one per centless. Announcing this at the May Day rally on Monday, labour708 words
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Article, Illustration185 1989-05-06 5 ARCHITECT Alan Choe headed the May Day honours list, receiving the labour movement’s meritorious service award from Mr Ong Teng Cheong, the Second Deputy Prime Minister and Secretary-General of the National Trades Union Congress. The award was given in recognition of his role185 words
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Article43 1989-05-06 5 FOUR armed robbers, their faces covered with ski masks, escaped with $500,000 worth of jewels in a smash and grab holdup at a goldsmith shop in Upper Serangoon Road yesterday, the second gems robbery in five days in the area.43 words
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148 1989-05-06 5 ABOUT 50 St Patrick s Secondary School students visiting Perth on a twoweek band performance tour next month will also attend morning classes there at the request of parents who do not want their children to be away from their books for148 words
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275 1989-05-06 5 Maid in $1,000 telephone bills probe falls eight floors and lives A FILIPINO maid, under suspicion of making unauthorised long-distance telephone calls that cost her employer $l,OOO in four months, fell eight floors from a block of flats last week and lived. Miss Alona Velasco, 40, is now recovering in275 words
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Article102 1989-05-06 5 FIRST-TIME offenders who spit or litter face an on-the-spot fine of $166 as of this week. The Ministry of Environment says the compounding procedure will allow for the speedy clearance of cases which previously had to be dealt with in court. But the composition One102 words
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Article, Illustration497 1989-05-06 6 BRENDAN PEREIRA - Tents go up on grounds to house them By BRENDAN PEREIRA TENTS were put up on the g~ ~:.Js of the Indian High Commission in Grange Road on Thursday to temporarily house more than 500 Indian nationals who turned up to verify497 words
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Article, Illustration230 1989-05-06 6 THERE were tears, cheers, nugs and kisses as oarents, snouses anu relatives badtMin voyage u> 21 Namlbiacbound police officers at thieeremonial send-off tor tnc Singapore contingent at Chanei Airport yesterday. The traditional police farewell the officer- were accorded lent an air of dignity to230 words
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Article, Illustration304 1989-05-06 6 DAVID MILLER - By DAVID MILLER A NEW-BORN baby hoy, with its umbilical coni still attached, was found in a rubbish chute at the bottom of a 12-storey block in Bangkit Road, off Bukit Panjang early on Tuesday. Cleaner Mohamed Yunos Faidee. 52. on his predawn rounds304 words
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300 1989-05-06 6 GtTODIES worth almost $2 million will be given lo air passengers over the next year to encourage them to come through Changi Airpor: Called Changi Connection 11, the scheme launched by the Civil Aviation Authority of Singapore on Tuesday300 words
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97 1989-05-06 6 THE Publlr Service Commission has netted an extra 14k applications for appointments to the administrative service since it re-opened applications In March an evident response to the recent pay revisions for civil i servants. According to a spokesman for the Public Service Commission, this97 words
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Article58 1989-05-06 6 THE body ol a Caucasian man was found on the* beach in front of the HI IK chalets near the East (oast Parkway last Saturday. The man. aged between 25 and 35, is described as slim, with short hair. No identification papers were found on him but58 words
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Article, Illustration646 1989-05-06 7 YANG MEI LING - 11 companies vie for 30-year lease to run Lau Pa Sat By YANG MEI LING SINGING, dancing and beer guzzling such merry-making may well take place at Lau Pa Sat (Old Market) when it comes to646 words
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291 1989-05-06 7 K. F. TANG - But at another famous landmark, business draws to a quiet close By K. F. TANG FABLED Change Alley, a tourist shopping hub sinee World War 11, closed with a whimper last Sunday as just a handful of bargain hunters and curious first-tim-ers witnessed its offleial passage into history. Most of291 words
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549 1989-05-06 7 GERRY DE SILVA - Development charges at fixed rates from July By GERRY DE SILVA A NEW and simplified system of calculating development charges will soon replace the present case-by-case way the Government computes and levies the charge. From July 1, developers can use a table of charges549 words
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Article, Illustration176 1989-05-06 8 Gills were clogged with plankton bloom THE Mystery of The Dead (■aroupas on Changi Beach has been solved. The garoupas, scores of which were found dead this week at the popular east coast beach, suffocated after their gills were clogged by plankton– Picture by CHEW SENG KIN. - 176 words
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Article57 1989-05-06 8 A FOUR-YEAR-OLD Japanese girl, left alone in an eighth-storey apartment by her mother, died after she fell from the balcony of an Ocean Park flat in East Coast Road. Otake Hiroko is believed to have climbed onto a stool and fallen from the master bedroom’s57 words
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170 1989-05-06 8 NON-CONSTITUENCY Member of Parliament Lee Stew Choh has filed five questions for oral answer at the next Parliament sitting. He is asking the Communications and Information Minister whether he is aware that many people, especially the aged, would like Cantonese serials to170 words
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Article, Illustration156 1989-05-06 8 ENGLISH-language specialist Raymond Kenneth Tongue, a former English lecturer with the then Teachers Training College here, died in England last week. He was 64. His sister-in-law, Mrs Helen Khoo, said on Tuesday that he died of massive clots in his lungs while inspecting a teaching156 words
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488 1989-05-06 8 JACQUELINE WONG - By JACQUELINE WONG SINGAPOREAN mothers who have just given birth are hiring Malaysian “confinement maids", or nannies, to help them through their first month after delivery. The Malaysians come cheaper than Singaporean domestic helpers and are eager to work here because of the488 words
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284 1989-05-06 8 A GROUP service manager, John Monaghan, 41, was last week fined $7,006 and banned from driving for six years for causing a schoolboy’s death as a result of negligent driving. Monaghan, a Londonbased Australian, of TNT Skypak courier service, was found284 words
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Article47 1989-05-06 8 BLONDE, blue-eyed stewardesses on Singapore Airlines planes? Yes, from this month, They are four airgiris from Delta Air Lines, who are on a month-long stewardess exchange programme with SiA. They will fly on most regional routes and some Megatop flights to Perth and Hongkong.47 words
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across the CAUSEWAY
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519 1989-05-06 9 Go-ahead for celebrations at Johor Istana grounds Bernama SEREMBAN The High Court here on Wednesday set aside an injunction that a former Umno member had obtained to stop the party from holding its 43rd anniversary celebrations on the grounds of the IstanaBernama - 519 words
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120 1989-05-06 9 M ALA LUMPUR Malaysian Chinese Association Deputy President la*e Kim Sai has accepted a challenge from the Democratic Action Party to vacate his parliamentary seat and contest a parliamentary hy-election against DAP Deputy Sec-retary-General Lee Lam Thye in a predominantly Chinese constituency. Mr lice120 words
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82 1989-05-06 9 NST. KUALA LUMPUR Millionaire N.T.S. Arumugam Pillai died of a heart attack in his home town of Prippur in the Tamil Nadu state, in southern India, last week. He was 74. Mr Pillai was a former president of the Penang Malaysian Indian Congress (MIC)NST. - 82 words
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Article, Illustration269 1989-05-06 9 KUALA LUMPUR The Arabs will soon get to taste Pak Din’s murtabak when he opens three outlets in Egypt and Saudi Arabia later this month, The Malay Mail reported. The outlets, to be opened on May 25, will he in Cairo, Medina269 words
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Article248 1989-05-06 9 AFP. KUALA LUMPUR Non-Muslim groups in Malaysia this week protested against moves by authorities in three states to punish them for khalwat being “in close proximity” with a Muslim member of the opposite sex. The proposed introduction of new laws have raised “fears and suspicions” that– AFP. - 248 words
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423 1989-05-06 9 other countries. Berna ma. ALOR STAR Prime Minister Datuk Seri Dr Mahathir Mohamad warned on Sunday that the bid by Hume Industries to take over Multi-Purpose Holdings Berhad (MPHB), the Malaysian Chinese Association's investment arm, should notother countries. — Berna ma. - 423 words
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229 1989-05-06 9 MULTI-PURPOSE Holdings Bhd (MPHB), the target of a controversial takeover offer, has asked the police to investigate the possibility of insider trading in the company’s shares. On the Kuala Lumpur Stock Exchange, MPHB shares fell nine sen to close at M 51.43229 words
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106 1989-05-06 9 NST. JOHOR BARI The Johor Post Office Department has detected attempts by some Singapore firms to post large numbers of letters and parcels through the local post offices to take advantage of the lower ringgit. The Director of Johor Postal Services, Mr– NST. - 106 words
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Article, Illustration970 1989-05-06 10 ISMAIL KASSIM - I op judge didn't do anything wrong, Supreme Court rules By ISMAIL KASSIM Kuala Lumpur THE SUPREME COURT has dismissed the application by the Malaysian Bar Council for leave to institute committal proceedings against Lord President Tan Sri Abdul Hamid Omar970 words
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153 1989-05-06 10 JOHOR BARU Civil servants are no longer allowed to wear batik shirts in the office on working days, Berita Harian Malaysia reported. According to the newspaper, male civil servants were previously encouraged to wear batik shirts to the office on Saturdays.153 words
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132 1989-05-06 10 KCALA LIMPIR Former Malaysian Chinese .Association president Tan Koon Swan has been ordered U show cause why he is nnabie to repay debts totalling M 5423.8 million (SS3M million) to IS creditors. He was asked by the High Ctart132 words
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105 1989-05-06 10 partments overseas. Bernama. KUALA LUMPUR The government is taking steps to discourage Malaysian Muslim students studying abroad from marrying before they complete their course, Datuk Dr Yuof Nor said. The Minister in the Prime Minister’s Department said such marriages would not bepartments overseas. — Bernama. - 105 words
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Article, Illustration412 1989-05-06 10 IPOli The High Court has quashed the decision of the Kamunting detention camp commandant to punish seven ISA detainees for staging a hunger strike last year, and also awarded costs to the seven, The Sunday Star reported. Mr Justice Datuk412 words
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177 1989-05-06 10 NST. KUALA LUMPUR Disciplinary action will be taken against students from the Mara Institute of Technology (ITM) who were involved in a peaceful demonstration last week. ITM director, Datuk Dr Mansor Salleh, said the students had approached him for prior approval to hold a protest– NST. - 177 words
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CAUSEWAY/ASEAN
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Article, Illustration346 1989-05-06 11 JOHOR BARU NST. Bernama THE Syariah Appeal Court hero has ordered that a four-year-old girl at the centre of a custody battle be handed over to the Sultan of Johor in his capacity as head of Islam in the state. The court– NST.; Bernama; Hernama picture. - 346 words
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Govt may act, says minister
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303 1989-05-06 11 NST KIJALA LUMPUR The government may introduce regulations barring politicians from attending future May Day rallies, a minister in the Prime Minister's Department said. Datuk Dr Yusof Nor said the restriction may also extend to anyone with no direct interest in trade-union activities. Datuk– NST - 303 words
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94 1989-05-06 11 NST. BENTONG (Pahang) Deputy Prime Minister Ghafar Ha ha saiti on Wednesday that the Malaysia Trades I nion Congress would have to decide whether it wants to remain a trade union or become a political party. If the MTi C chooses toNST. - 94 words
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Article, Illustration842 1989-05-06 11 Yang Razali Kassim - Dramatic end to peace talks, but was there a breakthrough? By Yang Razali Kassim, Jakarta Correspondent JAKARTA The Cambodian peace talks ended dramatically here on Wednesday with Prince Norodom Sihanouk announcing a possible linkup this year842 words
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Article224 1989-05-06 11 non-alignment”.— TAN LI AN CHOO - non-alignment”.— TAN LI AN CHOO. BANGKOK The Prime Minister of the Phnom Penh regime, Mr Hun Sen, revealed here on Monday that it had changed the country’s name and flag in a move that would fa\our its reconciliation with the Cambodian resistance that had waged224 words
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FOCUS
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Article, Illustration2473 1989-05-06 12 HIS wealth hat been trumpeted by the Western press, his palace a focus of their gee-whizz wonder, his business dealings speculated about the Sultan reportedly buying hotels as other people buy video caseettes, and supposedly engaging with dubious associates in erratic financial transactions. The2,473 words
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894 1989-05-06 13 MONARCH AT WORK THE Sultan of Brunei is a modern head of government, a head of state and a Malay Islamic monarch. He has developed a style that ensures the survival of the traditional monarchy, while encouraging a modern society. His894 words
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Article, Illustration454 1989-05-06 13 THE Sultan tries to spend every evening with his family, and dines privately with his wives and children every day. Unless official functions require his attendance, this time is sacrosanct, and it is rare for anyone to he Invited to join them from outside the family. He454 words
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COMMENT/ Pick of the week’s editorials
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Article644 1989-05-06 14 MAY 5, 1988 THE announcement by the Trade and Industry Minister Brigadier-General Lee Hsien Loong that the Government was considering drafting new laws to ensure religious harmony in Singapore should not come as a complete surprise. The writing had been on the wall for some time644 words
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Article614 1989-05-06 14 MAY 4 1989 A WELL-KNOWN saying lauds those who do not crave greatness but have greatness thrust upon them. As the century moves into its closing decade, such a greatness is being bestowed upon Japan by virtue of its stupendous economy. This, after all, is an614 words
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Article626 1989-05-06 14 MAY 2, 1989 THE economic figures are very reassuring for this year s May Day. Chief among which was last year’s economic growth rate of 11 per cent, the highest in 15 years. Inflation rate was slightly more than 1 per cent and after taking that626 words
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543 1989-05-06 14 BY THE WAY DO YOU know how Holland Road, Singapore got its name? Ten to one, I bet the answer would be: From Holland, the homeland of the Dutch. That sounds logical enough though it may not be factually correct Chances are, the543 words
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Article170 1989-05-06 14 “One bears the burden of the office of the press secretary as one bears a cross. And it is a cross that gets heavier with the passage of time." Philippine Presidential Press Secretary Teodoro Benigno explaining why he is resigning as President Corazon Aquino's spokesman. “1 can perform170 words
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TIME$
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Article, Illustration462 1989-05-06 15 Financier Citibank will get half of any gain from future sale CITY Development has acquired Robina House in Shenton Way for $156.5 million in an unusual deal which involves the sharing of profits from any future sale of the property with462 words
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Article171 1989-05-06 15 COUNTER RATES Singapore dollars lo one unit ot foreign currency Buying 00 Setting US dollar l 9395 1 9585 Sterling pound ***** 3 3010 Australian dollar I 5412 1 5805 Canadian dollar 1 6329 ***** NZ dollar 1.1994 1 2339 Singapore dollar* to 100 unit* of foreign currency171 words
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Article55 1989-05-06 15 THE market value of DBS land Ltd’s portfolio of Investment properties has risen 42 per cent to $712.14 million as of Dec SI, 1188. This was disclosed in DBS lamd’s latest annual report following a decision last year to adopt Accounting Standard 25 which investment properties55 words
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171 1989-05-06 15 CONTINUING its recent spate of divestments, I .on don-based Kuwait Investment Office (KIO) has sold large parts of its investments in Promet Bhd and Sime Darby Bhd shares. In separate announcements to the Kuala Lumpur Stock Exchange last week, May ban (Nominees) Sdn Bhd171 words
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Article479 1989-05-06 15 Sharemarket review THE Singapore stock market after last week's “cooling off” period bounced back to highly active trading as buyers returned in strength to the scene this week after the May Day holiday on Monday. Daily turnover rose again to the 100-million-plus levels, and the479 words
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332 1989-05-06 15 TWO companies linked to businessman Allan Ng Poh Meng, currently on trial for insider trading, together have sold more than seven million shares in conglomerate United Industrial Corporation (UIC) for a total of $16.56 million. An announcement from the332 words
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305 1989-05-06 15 change rate." — ONG MING SEING - change rate." ONG MING SEING. WASHINGTON Singapore is off the hook with regards to US charges that Asian newly-industrialised economies were keeping their currencies artificially depressed to make their goods competitive. In a report submitted to Congress last week under the 1988 Trade Act, the305 words
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Article6772 1989-05-06 16 Ml shares quoted have a par value of $l, unless otherwise specified. Adjusted for scrip/riftits. N Tai-eiempted dividend. P/E ratios and (ross yields of foreifn shares are adjusted for currency differences. Trustee stocks under CPF Approved Investment Scheme, t Martin stocks. ABN is traded in lots of6,772 words
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Article272 1989-05-06 17 Manager’s prices for May 6 9 Singapore Unit Trust The Commerce The Savings Fund S pore Prog Fund S'pore Sec Fund S'pore Invest Fund S pore Equity Fund 1.15—1.22 0 98 -1 04 049-0 49 0 76-0 81 0 80 -0 89 094-058 Asia Unit Trust Mai Invest272 words
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Article779 1989-05-06 17 Friday May S HKS Amoy Properties «20 0 05 Asia Sec Int 1 2.75 0125 Asia Sec War 91 086 0 07 Bank ot EA 16 50 -0 10 Bond Corp Int I 2 25 0 025 Bond Corp War 91 0 60 •001 Cable 5 Wireless 63 00779 words
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Article55 1989-05-06 17 THE ST Industrial Index rose 10.05 points on the week to 1,282.02 points. Day-to-day Indices and volumes: MONDAY: HOLIDAY; TUESDAY: 1,286.0$ (up 8.64); Ill.tHm unite ($104.0m); WEDNESDAY: 1,284.87 (up 18.02); 135.86 m unite (0245.80); THURSDAY: 1,283.54 (down 1.33); 168.01 m unite (0280.52 m); FRIDAY: 1,282.52 (dona 1.02);55 words
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Article46 1989-05-06 17 THE New Straits Times Index rose 38.88 points to 2,288.88 points MONDAY: HOLIDAY. TUESDAY: 2,178.11 pslnts (up 11.03); 31.84 m (value M863.06m); WEDNESDAY: 2,103.42 (up 17.31); 40.07 m (M880.70m); THURSDAY: 2,107.30 (up 3.07); 40.53 m (M887.58m); FRIDAY: 2,288.88 <uo 3.47): 52.04 m (M3B*.7Bm>.46 words
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Article46 1989-05-06 17 THE iiongKonu Hang Seng Index rose 148.83 points to 3,282.86 points MONDAY: 3,123.87 (up 7.84)• turnover HK3872.17 million; TUESDAY: 3.158.37 (np 32.58); HK01.17 hlllloi:; WEDNESDAY: 3.155.22 (down 1.15); HK01.33 hilltop; THURSDAY: 3.221.12 (np 85.0); HKII.OI hilhon; FRIDAY: 3.282.88 (up 41.74); (HK02.40 Milton).46 words
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465 1989-05-06 18 Catherine C. Ong - By Catherine C. Ong, Hongkong Correspondent HONGKONG The gov-ernment-appointed debt collector for Ka Wah Bank and a financial consultant were charged yesterday with giving false information and accepting bribes in the sale of the bank's shares in mid-1987 Paul465 words
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347 1989-05-06 18 THE Aluminium Company of Malaysia Bhd (Alcom) was back in the black with a M53.57-million (5J2.61 million) net profit for the year up to last December. As part of a capital restructuring plan, the company has proposer! a rights347 words
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Article116 1989-05-06 18 Company RIGHTS ISSUE D i C Bo"* O'** »*»o a $0 'S '.Vie f« da*e Va (•> (i Boors close Mo i Accep’ave A *Vi, '»>*'• Mo, *> Gvcge lo* 1 t h (1 'I $>** Vie .iti'e Mere 3 B* ••> c»< se Mcro A Mo, G'116 words
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Article400 1989-05-06 18 Company RIGHTS ISSUE Hi'am Tm O'* *o r o'* a 0 p#' s*»o'# 8*»'iaya Corpn O't»* *0' on# a S 00 pa' p#- s'ra C 1 Holding*. 7' m.n»o'» loan shocks ,r ># 'a*io o* $3 'oan \tOC* *0' O'dinO'y s'»a#s *»#id Cousewoy lnv KSu# 0* S' ?S?400 words
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178 1989-05-06 18 SIEMENS \(>, the West German electronic group, plans to make Singapore its main global manufacturing base for integrated circuits. It has announced plans to invest $ll5 million more in the Republic over the next five years, bringing its total investment here to178 words
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Article402 1989-05-06 18 Week ended Apr! 28. Compied by Business Times Final results Gross Group net Year to Company dividend profit/loss 000) ABN 5 (4) 611 (517) (b) Dec 88 B Raya 1 (15) MS4.594 ($1.586) Dec 88 Bousteadco 5 $4,226 ($2,105) Dec 88 FEIS 12 (12)Compied by Business Times - 402 words
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407 1989-05-06 18 LIM ENG HAI - By LIM ENG HAI PROPERTY group DBS Land last Friday announced plans for an innovative $lOO-million bond issue with detachable warrants to tap long-term funds at a favourable interest rate of 1.5 per cent a year. Unlike the typical bond-and-warrant issues,407 words
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65 1989-05-06 18 AVIATION company Dowty Singapore has appointed Mr Herman Hochstadt as a non-executive Director to its board. A company statement said Mr Hochstadt will join Mr Sachi Saurajen, a Singa- pore lawyer, as the second non-executive director on the Dowty Singapore board. Mr Hochstadt, who retired65 words
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465 1989-05-06 19 CONRAD RAJ - By CONRAD RAJ THE recent episode between Singapore Land and the Stock Exchange of Singapore, like many others involving famiivcontrolled companies, once again brings to the fore the crying need for greater and proper disclosure by listed companies. Far too465 words
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Article87 1989-05-06 19 Rubber Closing pries* tcsnts/kilo) 19b 25 June up 17b cents Malaysia 28b CO lum: up one cen* Palm oil Crude pam oi (Ml/ tome) Md; 96b 957 50 inorth; Jun95.i i south Reined oaim oil (USS/tome RBU Pain Oi Mav 38b isellers) lum 380 «sellers) July 380 (sellers)87 words
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Article1647 1989-05-06 19 Current Ex Book» Dele Total lor Total lor payment date dost payable the year last yaar ABN .4 5” Mov 2 May 10 28’’, 2775 A Enterprises 6 ;.ihi May 3 May 18 Jun 8 1 l*7J iff’;, Ajinomoto i0'’; Ap- 24 May 10 May 25 10”', 71,647 words
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505 1989-05-06 19 DAMIEN LIM - By DAMIEN LIM MANY stockbroking firms have recorded sharply higher earnings in the first quarter of this year with the emergence of the strongest bull market since the October 198? stock market crash. Some firms have even turned in higher earnings for505 words
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FORUM
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499 1989-05-06 20 sl.sm campaign misses the point IT TAKES both a man and a woman to have a family. But the $1.5 million publicity campaign to promote family life and marriage (which is commendable) seems to have missed this point by targeting only at women499 words
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Article, Illustration344 1989-05-06 20 THE recent Parliament session saw a new breed of members who are somewhat different from the typical “bend-with-the-wind" strain common to government benches. These MPs are somewhat more dynamic, open and sincere in their suggestions. arguments and presentations. Their openness344 words
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120 1989-05-06 20 THE National Solidarity Party (NSP) feels that the PAP slogan, “Towards a just and equal society", sounds hollow in view of the recent pay increases for top civil servants, ministers and members of Parliament. Compare the average pay of a minister (about $30,000 month)120 words
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Page 20 Advertisements
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Advertisement236 1989-05-06 20 4 r lT\e Straits Times 0® 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, it236 words
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Advertisement96 1989-05-06 20 Dear Overseas 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 psper. You may add a pseudonym if you wish. But we would96 words
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Page 21 Advertisements
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Advertisement810 1989-05-06 21 APPOINTMENTS Career in International Information Services We continue to upgrade our bus operations through computerisation and automation We have recently invested S 3 2m to upgrade our IBM mainframe and are now inviting applications for the following positions in our Computer Services Division This is an excellent opportunity to start810 words
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Page 22 Advertisements
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Advertisement856 1989-05-06 22 APPOINTMENTS ARCHITECT An established architectural firm with overseas projects, requires an architect. 4 6 years experience previous experience in high rise hotels preferred a recognised degree in Bachelor of Architecture Write to us in confidence with curriculum vitae, examples of previous work, current and expected salary, and a recent photo856 words
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TIMESPORT
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Article, Illustration339 1989-05-06 23 JOE DORAI - Ace striker may go to Holland again By JOE DORAI FANDI AHMAD could be heading for Holland again. The Kuala Lumpurbased soccer striker is being sought by Dutch First Division club FC Haarlem, who plan to sign the Singaporean on339 words
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Article, Illustration337 1989-05-06 23 SWISS-BASED striker V. Sundramoorthy will not join Singapore’s national squad for the two-leg preWorld Cup soccer competition in Seoul from May 22-26 and the return-leg at the National Stadium next month. Sundramoorthy, who is attached to Swiss Division Two337 words
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Article, Illustration321 1989-05-06 23 PETER KHOO - By PETER KHOO A TOP Chinese coach is here to help Singapore gymnasts prepare for the South-east Asia Games in Kuala Lumpur in August. Chen Shengjin, 53. professor of gymnastics at the Shanghai Institute of Sports and the321 words
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306 1989-05-06 23 cheque. – TAY CHENH KHOON - EPSON TENNIS cheque. TAY CHENH KHOON. RANK outsider Kelly Jones, who had struggled through the qualifying rounds, is the first Epson Singapore Super tennis champion. The American completed his fairy tale by defeating second seed Amos Mansdorf, of Israel, 6-1, 7-5306 words
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205 1989-05-06 23 on the 13th at Changi. — TAY CHENG KHOON - on the 13th at Changi. TAY CHENG KHOON. M. MURUGIAH won the first leg of the British Petroleum local golf circuit, but it was Daniel Lim who stole the limelight with an ace on the 17th hole at the Seletar Golf Club last Friday.205 words
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161 1989-05-06 23 BUKIT Turf Club general manager Timothy (Tim) Thompson, who is also secretary of the Malaysian Racing Association, has resigned. He will take up an appointment in Vancouver, Canada, where he will be involved in a project to build a 600-acre racecourse modelled on161 words
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Article, Illustration257 1989-05-06 24 AFTER a hectic afternoon of official business, it was time for dining under the stars for visiting US Vice-President Dan Quayle and his wife, Marilyn. Mr Quayle and his party were the guests at an Istana dinner hosted257 words
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Article65 1989-05-06 24 TIIK MINISTER for National Development, Mr S. Dhanaltalan. will he seeing first-hand how Europeans carry out conservation and retrofitting projects during a planning mission he Is leading to Europe starling today. Accompanying him on the ‘!ft-day visit, which will cover West Berlin, Paris,65 words
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209 1989-05-06 24 KUALA LUMPUR AFP. Bernama. THE Supreme Court this week upheld death sentences on eight Hongkong residents, including a nightclub waitress, who were convicted in 1985 of drug smuggling and abetment. But it acquitted and discharged another Hongkong resident, TamAFP.; Bernama. - 209 words
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Article, Illustration538 1989-05-06 24 THE Education Ministry will take the issue of teaching religion in schools to a cross-sec-tion of people ranging from MPs, educators, religious leaders, right down to parents. For a start, Dr Tony Tan. the Education Minister. will meet principals and538 words
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Page 24 Miscellaneous
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Miscellaneous10 1989-05-06 24 Hari Raya MUSLIMS here will celebrate Hari Raya Aidilfitri tomorrow.10 words
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