The Straits Times : Weekly Overseas Edition, 29 July 1989

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JULY 29, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/88
    20 words
  • 811 1 THE Foreign Ministry has blamed the “growing arrogance” of Mr Hun Sen, Prime Minister of the Vietnam-installed regime in Phnom Penh, for the failure of the fifth round of Cambodia peace talks with Prince
    811 words
  • 725 1  -  By GERRY DE SILVA THE National Development Ministry has announced plans to tap pri-vate-sector talent and ideas in two major areas that have up to now been the exclusive domain of government planners. FIRSTLY, the townplanning process has been opened
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  • 129 1 MEMBERS of Parliament can now claim up to $750 a month from Parliament for engaging legislative assistants and secretaries to help them in research and constituency work. Under rules drawn up by Parliament and announced yesterday, they may claim up to $5OO a
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  • Page 1 Advertisements
    • 7 1 Privy Council's ‘no’ to Jeya: Page 3
      7 words
    • 58 1 INSIDE Hongkongers won’t upset Singapore’s race balance PAGE 2 Sentence of 14 years and 24 lashes on ex-army officer stays PAGE 7 CAUSEWAY Hussein Onn's brother is Front’s main rival in Johor by-eiection PAGE 9 FOCUS/ ANALYSIS Fallout after Tiananmen PAGES 12-13 TIMESDOLLAR PAGES 14-19 I TIMESPORT PAGE 23 I
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  • NEWS FOCUS
    • 744 2 Number to be admitted not high percentage: Kan Seng THE Government has assured Singaporeans that the racial balance in the country would not be upset by the new immigration policy of allowing up to 25.000 Hongkong families to become permanent residents. The 25.000
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    • 347 2  -  By SHAUN SEOW FOLLOWING the recent turmoil in Beijing, the Hongkong Tourist Association is moving away from selling the British colony as the "gateway” to China to promoting it together with Singapore and Thailand as tourist destinations in the Far East. It
      347 words
    • 397 2 NST. KUALA TRENGGANU The Chinese population in Malaysia is dwindling and may make up only 13 per cent of the total population when this reaches an expected 70 million in 2070, Deputy Education Minister Woon See Chin
      NST.  -  397 words
    • 95 2 ATP. TAIPEI Eighteen Malaysian girls, including two adolescents, have been arrested in Taipei for alleged prostitution and face deportation, police here said. The girls, who were on tourist visas, worked as call-girls In hotels here, police said, adding that they suspected there was
      ATP.  -  95 words
    • 340 2 even a year ago. Business Times. HONGKONG buyers turned up in droves at an exhibition of Singapore condominiums last week in the colony, and made on-the-spot bookings for one dozen units in a project. Another 40 to 50 people expressed interest
      even a year ago. — Business Times.  -  340 words
    • 277 2 LOCAL lawyers are expecting more Hongkong lawyers to apply for admission to the Singapore Bar in the next few months. An amendment to the Legal Profession Act five years ago has meant that Hongkong lawyers have a “shortcut" to the Singapore Bar.
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  • HOME
    • 1165 3 Law Lords dismiss appeal by Workers’ Party leader with costs THE Privy Council has upheld the judgment of Singapore courts in dismissing a 1981 slander suit by Workers’ Party leader J. B. Jeyaretnam against the First Deputy Prime Minister. It held
      1,165 words
    • 459 3  -  By Cheng Shoong Tat THE Asian Wall Street Journal has failed in a bid to gain permission from London’s Privy Council to appeal against a Singapore Court of Appeal judgment handed down on June 1. The council said in a short oral judgment on
      459 words
    • 331 3 FRANCE is prepared to export its advanced defence technology to Singapore to pave the way for more economic co-opera-tion, according to Mr Gerard Renon, French Deputy Defence Minister. Making this offer at a talk organised by the Institute of Southeast
      331 words
    • 271 3 FREE petrol, a million dollar lucky draw and “zero-in-terest" loans are among the gimmicks new-car dealers have come up with in a bid to rev up slackening sales. Traditionally, car sales build up from around Christmas and hit a peak just
      271 words
    • 64 3 A LAWYER was charged in a district court with two counts of misappropriating $9,894 of his client’s money. Edwin D'Souza, 58, is alleged to have misappropriated $9,891 and $2.94 on July 13 while acting as counsel for Madam Veerasu Poomam, 45, a housewife, and while having
      64 words
    • 430 4 600 Thai workers arrive to work at building sites MORE THAN 6M Thais arrived in a convoy of 14 coaches on Monday, the largest number of Thai workers to come to Singapore to work since
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    • 74 4 A MARRIED man, believed to have contracted Aids from foreign prostitutes here, became the ninth Singaporean to die of the disease. A Ministry of Health statement said the man, in his 30s, also had a child. He was one of 38 Singaporeans
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    • 31 4 VETERAN ex-Straits Times journalist William Campbell, 59, died in Singapore of lung cancer on Monday. He leaves leaves behind wife Una, 58, three daughters and two sons.
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    • 421 4  -  By By YANG RAZALI KASSIM: Jakarta Jakarta JAKARTA The Government will not resort to sanctions in implementing Singapore’s proposed national core values, Brig-Gen (Res) George Yeo said here on Tuesday. He said Singapore does not have a pressing need to legitimise
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    • 319 4 BANGKOK The Thai government should be firm in not helping Thai illegal workers in Singapore escape the due process of law after the Republic’s amnesty for illegal immigrants ends early next month, a Thai newspaper has said. The Thai-language paper, Baan Muang,
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    • 195 4 Fugitive worker back legally this time TWELVE months ago, under the cover of darkness, Mr Samart Khamphu, 19, was sneaked into Singapore in a motorised sampan by a syndicate based in Johor Baru. Until March, he worked as a gardener, constantly in fear of arrest. Then came the Singapore Government’s
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    • 660 5  -  Financial sector will also hand out bigger bonuses By GOH ENG YEOW EXECUTIVES can expect basic pay rises of about 6 per cent and annual bonuses of 24 months’ salary for this year and next year, according to a
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    • 459 5  -  By NG WEI JOO MORE “green lungs” will be available when 11 new parks sprout all over Singapore in the next five years. The new parks, covering a total area of more than 150 hectares nearly 10
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    • 384 5  -  By By SIVAM SUBRAMANIAM PIDEMCO Holdings, the newly-formed subsidiary of the Urban Redevelopment Authority, has announced plans to turn Orchard Point into a centre for art and craft. The move is part of its corporate plan to develop and promote
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    • 135 5 A BALLOT may have to be held for expatriate Britons living here who hope to meet Queen Elizabeth II in October at a Garden Party organised by the British High Commission. This is because the Nassim Road venue for the
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    • 347 5 ST JOSEPH’S Institution’s deputy principal, Mr Rudy Mosbergen, is to retire at the end of this year. “Mr Mosbergen is retiring because he has reached the age of 60," said the school's principal, Brother Kevin Byrne, denying an earlier Straits
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    • 195 5 KUALA LUMPUR Star Publications and its group chief editor have appealed to the Supreme Court against a High Court decision which rejected three of the four defences they put up for publishing two articles which Singapore Prime Minister Lee Kuan Yew alleged were
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    • 530 6 One-third of cases curable if detected early A FULL-SCALE war on cancer, the leading cause of death in Singapore, will be launched next year. The multi-prong strategy will focus on prevention and detection the disease, treatment and supportive care for patients and
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    • 303 6 ABOUT $3 million worth of fake computer products and software, including new releases still unavailable here, were seized last week. Thousands of pirated manuals of recent releases such as Microsoft Word and Lotus 1-2-3 Release 3, which were launched only about a
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    • 134 6 THE Singapore Tourist Promotion Board plans to set up a national tourism college to provide structured collegelevel training for all sectors of the tourism industry. The proposal, disclosed in the August SMK Newsletter, Ls part of STPB's plan to ensure that Singapore continues
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    • 572 6  -  By SALMA KHALIK AIRLINES from West Germany, France and Japan may follow British airlines in being granted rights to base their fleets here. Singapore became the first country in the world to give foreign airlines hubbing
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    • 448 6 TEN Singapore undergraduates have been picked for an exchange programme developed by the Matsushita Institute of Government and Management in Japan. Nine are second and fi-nal-year students from the National University of Singapore Arts and Social Science faculty and one is
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    • 150 6 THOSE taking a Master's degree or a PhD can now apply for the Tan Kah Kee post-graduate scholarships, each worth about $5,000 a year. Those studying overseas will get an allowance, but the amount will be subject to approval by the selection committee on a case-by-case
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    • 84 6 A TOTAL of 454 video tapes, out of which 49 were obscene, were found in racehorse jockey Rodney Charles Allan’s flat more than two years ago, a magistrate’s court was told. On Thursday, he was fined $21,200 for having those obscene tapes and for possession of 10
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    • 431 7 A NEW career scheme for medical officers offered by the Ministry of Defence has been successful in attracting doctors and specialists to serve in the Singapore Armed Forces (SAF). Launched three years ago, the scheme has so far attracted 17
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    • 568 7 Rapist who came back to apologise to victim loses appeal A FORMER army officer who was convicted in 1987 of raping a 29-year-old production controller twice under an expressway flyover has had his appeal dismissed. Kulwant
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    • 330 7 A FORMER bank executive, jailed for three years for corruption, had the sentence reduced to one year on Thursday by an appeal court which quashed six of his 24 convictions. Krishna Jayaram, 41, will also get a refund of about $46,000 from
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    • 113 7 QUEEN’S Counsel Michael Jacob Beloff was admitted to the Bar last week to appear for Internal Security Act detainee Vincent Cheng’s habeas corpus proceedings. Cheng’s counsel, Mr Patrick Seong, moved the petition for Mr Beloff’s admission before Judicial Commissioner J. Grimberg. The
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    • 100 7 POLICE have confirmed that there is at least one crocodile in Seletar reservoir a policeman even took a shot at it but missed. They have warned swimmers to stay out of the water. Following a search of the area, police have found a nest with
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    • 303 7 ALMOST half the drug addicts in Singapore are Malays, Mr Harun Ghani, the Political Secretary for Home Affairs, said on Sunday when he urged the Malay community to step up efforts to reduce the number of Malay drug abusers. He disclosed that
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    • 190 7 A COMMODITIES broker gassed himself in the kitchen of a rented flat at Hillcrest Arcadia following heavy losses in trading, a coroner’s court heard. Friends of Chew Chong Kuan, 25, broke open the kitchen window and found him lying on the
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    • 805 8  -  Landmark case between board and bank over bankrupt’s funds By SERENE LIM ANYONE who has withdrawn money from his Central Provident Fund account to buy property need not return the money to the board when he reaches 55
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    • 499 8 SINGAPORE'S second set of “test tube” or IVF quadruplets the first set to be born in a government hospital here were delivered amidst great excitement at Kandang Kerbau Hospital last Friday. The babies are the result of the in-vitro fertilisation (IVF) method,
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    • 54 8 ELECTRICITY rates will go up by 7 per cent on the average for the three-month period starting on Aug 1. while gas rates will be increased by an average 6 per cent, the Public Utilities Board said yesterday It said the adjustments are being made "in response
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    • 83 8 HOUSEWIFE who allegedly threw her three young children from the eleventh and sixth storeys of a block, and then jumped down herself, appeared in court for the first time on Thursday in a wheelchair. Lim Lai Choo, 26. had been charged earlier in
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    • 407 8  -  By SIVAM SUBRAMANIAM WITH June’s imports falling by 4.2 per cent for the first time in more than 30 months, Singapore’s total trade volume last month grew marginally by 1.7 per cent over the same period last year. This pulled down the
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    • 184 8 TENDERS, in four phases, are being called for commercial space at Changi Airport’s second terminal. The first batch of tenders for 11 restaurants serving a range of international cuisine was called by the Civil Aviation Authority of Singapore (CAAS) yesterday. The next batch of
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    • 168 8 THE acting head of the Malay Studies Department of the National University of Singapore, Associate Professor Yusof A. Talib, has been replaced by another lecturer, Associate Professor Tham Seong Chee. A university spokesman said Prof Tham, 56, assumed the position
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  • across the CAUSEWAY
    • 450 9  -  Retired Army General Jaafar Onn is Spirit of ’46 candidate By ISMAIL KASSIM JOHOR BARU The ruling National Front will defend the Tambatan state seat against three candidates, including the younger brother of former Malaysian Prime Minister Tun Hussein
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    • 164 9 Beraama. JOHOR BARI Thirteen people were killed and seven others Injured when a van collided with a car along the SegamatKuantan highway at midnight on Thursday last week. The accident toll Is believed to be one of the worst In the country for many years.
      Beraama.  -  164 words
    • 288 9 KUALA KANGSAR (Perak) The obsession among unemployed Malaysians for white-collar jobs may lead to foreigners controlling the skilled workforce in the private sector, The Star quoted Trade and Industry Minister Rafidah Aziz as saying. She said too many people were obsessed with securing
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    • 31 9 ALOR STAR Every village in Malaysia will have at least one public telephone under a multi-million ringgit programme drawn up by the Federal Government, The Star reported.
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    • 172 9 KUALA LUMPUR Malaysia aims to become the world’s biggest producer of rabbit meat and skin, according to Agriculture Minister Datuk Seri Sanusi Junid. The Sunday Star newspaper quoted him as saying that three slaughter houses would be built to meet the
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    • 346 9 KUALA LUMPUR A former army major, Shaikh Walid Shaikh Bakar, rounded up four men from various parts of the city to have sex with his wife and 13-year-old daughter, the Sessions Court was told. Prosecution withness
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    • 244 9 NST. KUCHING Sarawak ministers and their families have been given police protection following the recent disclosure by the federal government of a plot to assassinate the state’s Chief Minister. Sarawak State Development Minister Adenan Satem told a press conference last week that bodyguards had
      NST.  -  244 words
    • 56 9 AP. KUALA LUMPUR The Ministry of Education Is Investigating a teacher at a boys’ secondary school in Knantan who is alleged to have caned about 400 students In one day, It was reported. A student at the school said the students were not given
      AP.  -  56 words

  • CAUSEWAY / ASEAN
    • 658 10  -  His problems with Ruler have made him ineffective, they say By KALIMULLAH HASSAN KUALA LUMPUR Several Kelantan Umno leaders have asked Prime Minister Datuk Seri Dr Mahathir Mohamad to replaee the state's Mentri Besar, Tan Sri Mohamed Yaakob. A senior Kelantan Umno source
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    • 284 10 JOHOR BARU The Johor state government has ample proof that Horsburgh Lighthouse at the centre of an ownership tussle between Malaysia and Singapore belongs to Malaysia, Foreign Affairs Minister Datuk Abu Hassan Omar said this week. "The Johor state government has proof
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    • 150 10 Bernama. KUALA LUMPUR Malaysian Foreign Ministry sources have said that they were not aware of any planned visit to Malaysia next month by Philippine President Corazon Aquino. “We re not aware of any such visit,” a source, commenting on reports from Manila, told
      Bernama.  -  150 words
    • 36 10 KOTA BARU Five Johor Baru prison employees have been arrested and 25 others are under investigation for supplying drugs to prisoners, Deputy Home Minister Datuk Megat Junid Megat Ayub said here on Monday.
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    • 189 10 Bernama. KOTA BARU The government is studying the possibility of abolishing the jail term that runs according to the natural life of a convicted person. Deputy Home Minister Datuk Megat Junid Megat Ayub said such a jail term meant a convicted person had to
      Bernama.  -  189 words
    • 281 10 SHAH ALAM (Selangor) The Selangor State Government will let the federal authorities decide if its Rill on the age of maturity of Muslim converts is against the Malaysian Constitution. Mentri Besar Tan Sri Muhammad Muhammad Taib, who said
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    • Asean
      • 369 10  - Foreign invasion in next century possible Suharto By YANG RAZALI KASSIM, Jakarta Corespondent JAKARTA A foreign invasion and domestic disturbances these are two possible threats to Indonesia by the turn of the century, President Suharto has said The Indonesian leader, who was speaking on Saturday to newly installed military officers
        369 words
      • 238 10 AFP. BANGKOK Tourists arriving in Thailand may soon be required to produce valid Aids-free blood test certificates according to a draft Bill now under study by a Public Health Ministry committee, local papers reported here last Sunday. Under a draft law, which
        AFP.  -  238 words

  • COMMENT/ Pick of the week’s editorials
    • 621 11 JULY 29, 1988 TODAY, Singapore's transport problem will be given another public airing when Communications and Information Minister, Dr Yeo Ning Hong, chairs a dialogue session with members of the media and two panels of reservists involved in a policy gaming exercise. Again? It
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    • 614 11 JULY 27. 1989 HAVING successfully set a benchmark for consumer prices over the last six years, NTUC Fair Price is now upset that some of its suppliers have been charging other retailers lower prices. Singapore’s largest supermarket chain is obviously peeved that its size has not
      614 words
    • 642 11 JULY 25, 1989 IT WAS, as Prime Minister Lee Kuan Yew observed in his speech last Friday at the PAP’s first fund-raising dinner in 35 years, a sign of the times: a black-tie affair in the ballroom of a five-star hotel for over 200 business
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    • 572 11 ATTENTION, ANTHONIANS IT IS in these two commanding words Attention, Anthonians that the school anthem of St Anthony’s Boys’ School (SABS) takes off. The anthem is to be sung, boisterously perhaps, at the SABS 110th anniversary dinner tonight. The opening line in
      572 words
    • 158 11 “Our people have lost faith. They believe no one. For years, they have had ‘nothing but promises.” Soviet parliamentary deputy expressing his disenchantment with the Soviet system in the wake of miners' strikes sweeping' the country. “Mr Hun Sen is Vietnam’s creature, planted in Phnom Penh by force
      158 words


  • FOCUS / Analysis
    • 1225 13 Once accused of forsaking his principles for profit, Hongkong publisher LOUIS CHA confounds his critics again IT is said that China’s paramount leader Deng Xiaoping has three well-known indulgences: Panda cigarettes, bridge games and Hongkonger Louis Cha’s gongfu novels. These days Mr Deng has very
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    • 1931 12 THE recent political earthquake in Beijing shook not just China but also sent tremors throughout the region. Now that the dust has settled to reveal a new leadership in Beijing, the issue is less instability than uncertainty as the yet-to-be-completed succession process means there is
      1,931 words

  • TIME$
    • 539 14  -  By GOH ENG YEOW A GLOBAL survey of top executives’ wages in 20 countries has ranked Singapore chief executive officers (CEOs) 14th in terms of their total pay package. The survey by international management consultant firm TPF&C covering
      539 words
    • 400 14  -  By GERRY OE SILVA and STEVEN PAK JAPAN’S construction “biggies", some partnering local firms, have swamped the field vying for the $2OO-million UOB Plaza project considered by the industry as this year’s prize construction job. Industry circles estimate that about a dozen firms
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    • 538 14  -  By KHAW WEI KANG JAPAN’S Big Four securities houses said they would transfer their operations from Hongkong to Singapore if the situation in China gets worse and foreign investors lost» their confidence in the British colony. Mr Susumu Uetsuki,
      538 words
    • 279 14 SINGAPORE stands to benefit in the near term from the China crisis, says Merrill Lynch’s research department. In particular, the Republic’s property and services sectors should benefit the most, the international securities house added in its monthly review
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    • 275 15 SINGAPORE, widely regarded as one of the most liberal trading countries in the world, need not fear American retaliation under the Super 301 clause in the US 1988 Omnibus Trade Act. said Dr Thomas Moore, a former member of the US Council of Economic Advisors.
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    • 451 15  -  New benchmark price set at $1,161 per sq ft By CAROLINE CHAN and STEVEN PAK JOINING the growing number of foreign players on the local property scene, Hongkong industrialist Dr Li Dak Sum has bought the 18-storey Cecil Court building in Cecil Street
      451 words
    • 114 15 FROM next week, there will be separate quotes for shares held by foreigners in OCBC Bank and United Overseas Bank. The Stock Exchange of Singapore on Monday announced that OCBC stocks held by foreigners will be quoted as OCBCF and UOB shares
      114 words
    • 152 15 COUNTER RATES Singapore dollars to on# unit of foreign currency Buying 00 Selling US dollar I 9445 1 9635 Sterling pound 3 2066 3 2604 Australian dollar 1 4499 1 4893 Canadian dollar I 6378 1 6668 NZ dollar 1.1196 1.1536 Singapore dollars to 100 units of foreign
      152 words
    • 145 15 Reuter HONGKONG A member of one of Hongkong's most powerful families was acquitted on Monday of stealing from the family fortune. Philip Kwok, former Chairman of Hongkong’s Wing On Bank, was acquitted of stealing HK$5 million (551.24 million) in interest on shares
      Reuter  -  145 words
    • 672 15 Sharemarket review AFTER hitting yet another post-October 87 peak of 1.371.37 on Tuesday, the Straits Times Industrials Index slipped back slightly on widespread profit-tak-ing over the next two days, but bounced back in late afternoon trading yesterday to end the week at 1,370.14 points
      672 words
    • 246 15 Business Times LISTED in April this year, Steamers Maritime Holdings Ltd is on target with its profit forecast at the half-way mark. For the sue months ended June 30,1989, Steamers Maritime achieved group aftertax profit of $4.21 million, marginally higher than half the
      Business Times  -  246 words
    • 26 15 REDIFFUSION Building, a landmark in Clemenceau Avenue, has been sold for $7.68 million by local engineering and property group, Point Loma Pte Ltd.
      26 words
    • 6488 16 All shares quoted have a par value ol $l, unless otherwise specified Adjusted for scrip/rights N Tai-eiempted dividend P/E ratios and gross yields of foreign shares are adjusted for currency differences Trustee stocks under CPF Approved Investment Scheme t Margin stocks ABN is traded in lots of
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    • 241 17 Manager's prices for July 29 31 Singapore Unit Trust The Commerce The Savings Fund S pore Prog Fund S'pore Sec Fund S'pore Invest Fund S'pore Equity Fund 1.17—1.24 1.05-1.11 0.47—0.51 0.77-0 82 0.83 —0 88*d 0 56—0.60 Asia Unit Trust Mai Invest Fund Mat Prog Fund Mai Security
      241 words
    • 652 17 Friday Ml 29 HM 3 05 0 025 Asia Sac int i 1 $4 0.02 Asia Sac War 91 033 003 Bank ot EA 14 70 -0 10 Bond Corp Int i 1 32 uneh Bond Corp War 91 0» 0.01 Cable Wireless 83 00 Cate de Coral 1
      652 words
    • 64 17 THE Straits Times Industrials Index rose 8.23 points on the week to 1471.14 points. Day-to-day indices: MONDAY: 1458.66 (down 3.61); 14«. 26m units (valued slM.B3m); TUESDAY: 1471.37 (up 12.47); 146.46 m units (1233.63 m); WEDNESDAY: 1476.35 (down 1.62); 166.64 m units (3268.66 m); THURSDAY: 1466.36 (down 3.66);
      64 words
    • 59 17 THE New Straits Times Industrials Index dropped 744 points on the week to 2453.56 points. MONDAY: 2465.17 points (up 3.73); 46.713 m units (valued M366.664m); TUESDAY: 2467.66 (up 1.66); 56.622 m unite (M366.667m); WEDNESDAY: 2456.66 (down 7.46); 41.838 m units (M356.616m); THURSDAY: 2454.87 (down 4.73); 36.865 m
      59 words
    • 48 17 THE Hongkong Hang Seng Index rose 31.61 points to 2436.75 on the week. MONDAY: 2,482.54 points (down 13.2); HK3823.45 million; TUESDAY: 2417.62 (up 34.48); HKS6M.47 million; WEDNESDAY: 2,486.63 (down 2746); HK3656.74 million; THURSDAY: 2,463.71 (up 4.68); HK8648.78 million; FRIDAY: 2426.75 (np 33.64); HK3I.IS billion.
      48 words
    • 374 18  -  By LILIAN ANG m Business hmes ONCE called a white elephant by critics, the $2 billion petrochemical complex on Pulau Ayer Merbau had a bumper year last year. The Petrochemical Corporation of Singapore (PCS), the main upstream company in the complex,
      374 words
    • 328 18  -  BV SHARON LAU BUOYED by the continued recovery in the marine sector, shipbuilder Singmarine Industries has turned in a $9.2-million pre-tax profit at half time, a performance it expects to maintain for the rest of the year. The sparkling performance for the 53-per cent subsidiary
      328 words
    • 475 18 Curronl fa Boohs Dtt« Total for Total lor date doso payable Hto yoar Iasi yaar Al«x Hldg* 4%lbl Aug 29 Up 8 S«p 26 4% 4% Avlmo Oct 16 Oct 26 Nov IS I0%TE 25%TE B Sombowong 35% Jul 21 Aug 2 Aug 14 3S%(nl 20% Botv Kowon
      475 words
    • 480 18 Week ended July 21. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss (’000) M U I 5 (4) M$19.771 ($2.889L) Dec 88 Metroplex 6 (6) M$7,288 ($5,573) Jan 89 P M C 14.7 (2TE) M$13,978 ($4,724) Mar 89 P M R I
      480 words
    • 101 18 SINGAPORE Airlines remains a favourite of US securities firm Salomon Bros whlrh predicts that the national carrier should turn in net profits of $1.3 billion for the current year, or an Increase of 32 per cent from UK million. Based on the forecast and
      101 words
    • 301 18  -  By KOH BEE ANN GREATLY increased operating profit combined with a 200-per cent jump in contributions from associated companies propelled pretax profits at Malayan United Industries (MUI) by 184 per cent to M 520.2 million (5514.65 million) in the
      301 words
    • 195 18 THE honorary secretarygeneral for the Singapore Federation of Chambers of Commerce and Industry, Mr Harry Chan Keng Howe, has resigned after only two months on the job. Mr Chan, 63, a former diplomat, has also abruptly quit his post as the head of research for
      195 words
    • 576 19  -  One-for-two rights issue proposed By ELAINE KOH UNITED Overseas Land, the property arm of the United Overseas Bank group, has turned in a sparkling set of results for the first five months, with after-tax profit standing at $15.01 million. This is
      576 words
    • 237 19 RIDING high on the resurgent marine industry, Sembawang Shipyard Ltd (SS) has turned in a pre-tax profit of $28.31 million for the first half of this year a 40.8-per cent jump from the previous corresponding period. Group revenue rose 25.6 per cent to $163.78
      237 words
    • 182 19 THE fifth-largest listed bank in Singapore, Tat Lee Bank, is tapping the market with a $52.4 million rights issue, its fourth in nine years. The proposed issue of 26.2 million new $1 shares in a l-for-5 ratio will be priced at
      182 words





  • Page 19 Advertisements
    • 744 19 REACH SINGAPORE FROM HOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31 Jalan Riong, Kuala Lumpur ***** Tel: *****44 Cable New Times' Tlx: MA ***** Fax 03 *****34 U.K.: Mr John Armour/Mr R Ramesh The Straits Times Press (London) Ltd 102-106 Temple Chambers,
      744 words

  • FORUM
    • 457 20 ON THE TEACHING OF RELIGIOUS KNOWLEDGE I WISH to express my views on whether the teaching of Religious Knowledge should continue in secondary schools. The present RK course teaches only one optional religion. This is undesirable as the students tend to choose to
      457 words
    • 292 20 I REFER to the first public hearing on the teaching of Religious Knowledge in schools held by the Government Parliamentary Committee on Education. As expected, religious leaders championed their own respective parochial interests. This should not be passed on to the Ministry of
      292 words
    • 277 20 I BELONG to the minority religious Baha’i community. I am also a retired teacher of a mission school with some years of Bible Knowledge teaching experience. As a student, I learnt much of the various religions practised here through the study
      277 words
  • Page 20 Advertisements
    • 233 20 Ihc Srmitvrmtt' Now. keeping in touch with what’s —■■■■■■■n rr...", m 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
      233 words
    • 141 20 Dear Readers THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers. They should preferably be typed, doubled-spaced, on one side of the paper. Brevity is an advantage. We do not accept for publication letters copied to us
      141 words

  • Page 21 Advertisements
    • 492 21 APPOINTMENTS t*k6i> NATIONAL UNIVERSITY OF SINGAPORE FACULTY OF LAW Applications are invited tor teaching appointments In the Faculty of Law. Candidates should have at least a Master's degree in law or equivalent and relevant teaching/ research experience. Preference will be given to candidates who are able to teach in commercial
      492 words
    • 855 21 We are looking for a dynamic person who has relevant working experience in programming, system design, implementations and maintenance of applications. SYSTEMS ANALYST Requirements Degree in Computer Science or Diploma in Computer Studies At least 2 years of relevant working experience in systems design, Implementation and maintenance of applications Preferably
      855 words

  • Page 22 Advertisements
    • 282 22 APPOINTMENTS FURAMA hotel Singapore A superior-class hotel with 352 rooms in the heart of Chinatown invites suitably qualified candidates for the position of: FINANCIAL CONTROLLER The potential candidate should possess the following: Degree in Accountancy or recognised professional qualifications Minimum 3 years relevant experience with sound working knowledge in die
      282 words
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