The Straits Times : Weekly Overseas Edition, 27 January 1990
1990-01-27
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/stoverseas
The Straits Times : Weekly Overseas Edition
-
Title Section20 1990-01-27 1 The Straits Times WEEKLY OVERSEAS EDITION Price: 5J1.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/89 SATURDAY, JANUARY 27, 199020 words
-
Article, Illustration999 1990-01-27 1 HAN FOOK KWANG - Decision on need to have them could be left instead to every new Parliament, says Chok Tong Select Committee hears new proposal By HAN FOOK KWANG EVERY new Parliament could be left to decide if it wished to have Nominated MPs in999 words
-
Article, Illustration303 1990-01-27 1 KUALA LUMPUR Datuk Dr Jeffrey Kltingan, younger brother of Sabah Chief Minister Datuk Joseph Kltingan, was charged on Tuesday in the Kota Kinabalu sessions court with seven counts of corruption involving US$3OO,OOO (*****,000) and shares in two shipping companies. Dr Jeffrey Kltingan,303 words
-
Article769 1990-01-27 1 KALIMULLAH HASSAN - By KALIMULLAH HASSAN KUALA LUMPUR The arrest of Datuk Dr Jeffrey Kitingan, the influential younger brother of Sabah Chief Minister Datuk Joseph Pairin Kitingan, is bound to further strain an already uneasy relationship between the ruling Parti Bersatu Sabah (PBS) and the federal government, analysts769 words
-
Page 1 Advertisements
-
Advertisement87 1990-01-27 1 jPbmbw* bias 3n a .ltX*:. J*M> -T*l <• Membership Has Its Privileges INSIDE PM’s visit to top-secret Taiwan base PAGE 13 NEWS FOCUS BG Yeo: NS men and reservists deserve ‘a lot more recognition PAGE 2 HOME S’pore’s biggest conservation project to start next year PAGE 7 TIMESDOLLAR Panes 14-2687 words
-
NEWS FOCUS
-
Article, Illustration405 1990-01-27 2 MATHEW PEREIRA - By MATHEW PEREIRA A POWERFUL computer that lists out the best options a commander has for a military mission is one of the sophisticated creations of the Systems and Computer Organisation (SCO) of the Ministry of Defence (Mindef). Such an option takes405 words
-
129 1990-01-27 2 A PASSENGER who molested a flight stewardess on board a Singapore Airlines flight from Tokyo last week, was fined $BOO by a magistrate court Businessman Akira Kasai, 58, had reached out with his right hand and touched the buttocks of the 29-year-old stewardess during129 words
-
Article, Illustration206 1990-01-27 2 JAKARTA President Suharto has said the younger generation of Malaysians and Indonesians must maintain close ties because this was mutually beneficial and necessary for regional stability. Describing the close cooperation and understanding between Malaysia and Indonesia as a cornerstone of Asean's stability, he206 words
-
275 1990-01-27 2 PRIME MINISTER Lee Kuan Yew will be speaking on global co-operation at an international symposium next month which brings together the leading figures in politics, business and academia. The Davos Symposium in Switzerland is widely regarded as the leading annual world economic meeting275 words
-
131 1990-01-27 2 Bemama. JAKARTA Indonesia will lodge a protest to the Malaysian government over an intrusion into its waters by Malaysian fishermen. The crew of one of the Malaysian boats involved in the incident on Jan 14 also allegedly threw two Indonesian coastguard officials intoBemama. - 131 words
-
154 1990-01-27 2 THE Government has appointed two new members of the Public Service Commission with effect from Feb 1. They are Mr Tan Yam Pin, the chief executive officer of Malayan Breweries Limited, and Mr Keith Tay Ah Kee, chairman and managing partner of KPMG Peat154 words
-
Article, Illustration879 1990-01-27 3 ‘Only fair to favour Singaporeans and PRs who do national service’ NATIONAL servicemen and reservists deserve a lot more recognition from society than they are getting for their contribution to the nation’s defence, Brigadier-General (Reservist) George Yeo said last879 words
-
308 1990-01-27 3 KUALA LUMPUR More than 26,000 Malaysians mostly businessmen and professionals have obtained permanent resident status in other countries, the Malaysian Berita Harian reported. Of this figure, at least 15,000, which the Malay-lan-guage daily described as “people using the privilege of308 words
-
Article, Illustration375 1990-01-27 3 KUALA LUMPUR Former Deputy Prime Minister Datuk Musa Hitam has said that the conflict of views between him and Prime Minister Datuk Seri Dr Mahathir Mohamad has generally been resolved. But he said that the question of reconciliation between them375 words
-
267 1990-01-27 3 LAST year saw a record in the rate of car growth, the 8.2 per cent increase over 1988 being the highest in the past six years. In absolute terms, 35,616 new cars were registered last year 9,133 more than the year267 words
-
209 1990-01-27 3 TAN LIAN CHOO - By TAN LIAN CHOO Bangkok Correspondent BANGKOK Communist Party of Malaya leader Chin Peng slipped quietly out of Thailand last week to fly back to China, the Bangkok Post reported here on Monday. The report, quoting security sources, said Chin Peng left209 words
-
Article95 1990-01-27 3 NST, hLs words. XST, Bernama. IPOH Spirit of ’46 president Tengku Razaieigh Hamzah has said he was only joking when he said he would rejoin Umno only if he was offered the post of Prime Minister. ”1 am not interested in the post. Dr MahathirNST,; hLs words. XST, Bernama. - 95 words
-
-
HOME
-
Select Committee hearing on Nominated MPs
-
Article, Illustration917 1990-01-27 4 THE Government will continue to keep its feedback channels open but this was not the same as having Nominated MPs (NMPs) join in parliamentary debate. First Deputy Prime Minister Goh Chok Tong said this to representatives of the917 words
-
523 1990-01-27 4 NOMINATED MPs would further strengthen the one--man one vote system and be a “bonus” to parliamentary democracy in Singapore. lawyer Shriniwas Rai said. The proposal was not unconstitutional and would not be an infringement of the one-man, one-vote system, he said. Mr523 words
-
Article210 1990-01-27 4 THE nominated MP (NMP) proposal provides for a maximum of six Singaporeans to be appointed to Parliament. The following are the important features of the scheme: Selection and appointment The appointments will be made by the President on the nomination of a Special Select210 words
-
350 1990-01-27 4 AT LEAST two of the six Nominated MPs should be senior citizens, and all must have served grassroots and other social organisations, veteran grassroots activist S. K. Chakravarti suggested. Such public exposure would help them do their job better, he told the Select350 words
-
Article, Illustration609 1990-01-27 5 Let them serve full life of Parliament, urges financial consultant NOMINATED MPs (NMPs) should bo allowed to serve more than the recommended two-year term to give them time to prove themselves, a financial consultant told the Parliamentary Select Committee. Dr R.C.609 words
-
396 1990-01-27 5 BUSINESS consultant Ronnie 35, said that nominated MPs should serve one term only, to give Parliament a constant supply of fresh talent. While he supported the NMP scheme, he felt that re-appointing the same people at the end of their stipulated two-year term would396 words
-
321 1990-01-27 5 IT fair that elected MPs campaign for years and spend much time, effort and money to win their seats, while NMPs simply walk into Parliament? Mr Chiam See Tong, who tried at three general elections over eight years before he won his Potong Pasir321 words
-
Article124 1990-01-27 5 THE six-member team from the Democratic Socialist Club of the National University of Singapore was praised by the Select Committee for its interest in the Nominated MP issue. After the members had finished their hour-long interview (See Page 4), First Deputy Prime Minister Goh Chok124 words
-
Article, Illustration666 1990-01-27 5 SINGAPORE Democratic Party chairman Ling How Doong attacked the Nominated MP proposal, calling it unconstitutional and a scheme which infringed on the one-man, one-vote system. Appearing before the Select Committee with SDP assistant secretary-general Jimmy Tan, he said the Government had no666 words
-
-
780 1990-01-27 6 NG WEI JOO - Present criteria not realistic, say some parents By NG WEI JOO ABOUT 200 Secondary 1 students in five of the six independent schools, which have increased their fees, have applied for financial780 words
-
Article298 1990-01-27 6 INDEPENDENT school students who need financial help can apply for any of the following three schemes. The Financial Assistance Scheme: Two levels of subsidies available. FULL: Children from families with a monthly household income of $BOO or less, or a household income per dependent child of $4OO298 words
-
Article, Illustration430 1990-01-27 6 SINGAPORE'S longest criminal trial, involving drugs charges against five people, is expected to end in March which is also when one of the two judges hearing the case will complete an extension of his term. Mr Justice A. P. Rajah is430 words
-
273 1990-01-27 6 LOCAL software firm Computer Systems Advisors (CSA) has agreed to an out-of-court payment to settle a suit by Americanbased Business Software Alliance (BSA) for copyright infringement. This is the first suit that BSA has concluded with a corporate software user here.273 words
-
299 1990-01-27 6 TO promote creativity in Singapore, the Economic Development Board (EDB) has set up a Creative Services Strategic Business Unit (SBU) to focus on the industries and services sectors that require creative talent. Announcing this on Saturday, EDB managing director, Mr Tan Chin299 words
-
106 1990-01-27 6 THE Government has appointed a company executive, Mr Foo Kok Swee as Singapore’s first High Commissioner to Ghana and Nigeria. The Ministry of Foreign Affairs said that he will serve as a non-resident High Commissioner, staying here and making regular trips to the106 words
-
Article, Illustration381 1990-01-27 7 WORK on the $l2B-million Clarke Quay project, the largest single conservation project in Singapore, is expected to start by May next year. This is because DBS Land, which was awarded the development project last October, has to carry out further in-depth studies381 words
-
242 1990-01-27 7 VIDEO pirates suffered a major setback in a court hearing last Monday when the Board of Film Censors (BFC) agreed to disclose certain specific information on the sources of pirated video-tapes submitted to the board for censorship. The242 words
-
Article168 1990-01-27 7 TAXPAYERS will have an extra grace period of 23 days to submit their income tax returns this year. Forms can be returned by March 31, although the original stipulated 21-day grace period ends on March 8. Said an Inland Revenue Department spokesman this week168 words
-
108 1990-01-27 7 AN 11-YEAR-OLD boy was found hanged from a window grille inside his bedroom after a quarrel with his sister over the choice of television programmes. Police said the row between Lam Shi Tat and his 18-year-old sister in their Hougang flat108 words
-
429 1990-01-27 7 THE Singapore Democratic Party is opposing the proposed law on religious harmony because it represents “an invasion of politics into religion'. It is also concerned that the law would be arbitrarily applied and there would be no check on the Government. In a429 words
-
Article, Illustration374 1990-01-27 9 THE weather held, the people came and Singapore’s grandest Hong Bao celebration got off to a galloping start. The organisers had worried that the rainy spell might have dampenedPicture by MAZLAN BADRON. - 374 words
-
117 1990-01-27 9 RADIO advertisements have been selling french fries and fried chicken. Soon, air waves will literally help to boost sales. This is fast-food on Visa credit. Mr Peter Harkess, general manager of Visa Southeast Asia, said the card company is working on a plan117 words
-
Article, Illustration436 1990-01-27 9 Principle behind fee proposal accepted MENDAKI, the council for the development of the Muslim community, said this week it endorsed the principle behind the Government’s proposal to change the financing of Malay students at tertiary institutions that betteroff Malays should pay their own tertiary436 words
-
Article131 1990-01-27 9 A COCKROACH in a bowl of steamed rice? That was what a shocked customer found when he and his friends were having dinner at a restaurant in Scotts Road one evening. On Monday, Seoul Garden Restaurant (Shaw Centre) Pte Ltd was fined the maximum of131 words
-
Article54 1990-01-27 9 A 47-Y fc.AK-OLD man with seven children, who declared to the Commissioner (or Oaths that he was unmarried and took a second wife in 1964, was jailed a day and fined $2,000 after pleading guilty to bigamy Oh Gee Sing was also fined another $l,OOO for54 words
-
-
Page 7 Advertisements
-
Advertisement206 1990-01-27 7 N NATIONAL UNIVERSITY OF SINGAPORE RESEARCH SCHOLARSHIPS Research Scholarships are available to outstanding university graduates registered for, or admissible to, master's and doctor's degree programmes by research at the National University of Singapore. The Scholarships are tenable for one year in the first instance and, subject to satisfactory progress, renewable206 words
-
-
COMMENT/ Perspective
-
Article, Illustration1887 1990-01-27 8 The First Deputy Prime Minister, Mr Goh Chok Tong, was interviewed by Dr Raj Vasil, Reader in Politics at Victoria University of Wellington, New Zealand, in connection with the latter’s work on a new edition of his book “Governing Singapore” which was first1,887 words
-
-
across the CAUSEWAY
-
133 1990-01-27 10 Reuter. KUALA LUMPUR Deputy Speaker of Parliament D. P. Vijandran’s applieation for leave should he submitted to the Lower House when it sits on Feb 26, opposition leader IJm kit Slang said this week. He said in a statement that SpeakerReuter. - 133 words
-
142 1990-01-27 10 AP. Reuter, Bernama KUALA LUMPUR A case involving the first American to be charged under Malaysia's strict drug-trafficking law. which carries a mandatory death sentence on conviction. was sent to the High Court this week. Lawyer Karpal Singh, acting for Kerry Lane Wiley. aAP.; Reuter,; Bernama - 142 words
-
Article, Illustration530 1990-01-27 10 Porn video tapes scandal KUALA LUMPUR MR D P. Vijandran. who is at the centre of a pornographic video tapes controversy. has taken indefinite leave as secre-tary-general of the Malaysian Indian Congress and as chairman of the party's investment arm. Maika530 words
-
245 1990-01-27 10 Bernama ALOR STAR Datuk Seri Dr Mahathir Mohamad said he would investigate allegations that some prison officials accepted offers of money and sex with women from prisoners in return for special treatment or to let them escape. The Prime Minister, whoBernama - 245 words
-
Article232 1990-01-27 10 KUALA LUMPUR More than 280,000 new jobs are expected to be created this year if the economy sustains its present growth rate. The forecast was given by the Labour Ministry's Manpower Department in its report on employment trends released this week. The report said the232 words
-
88 1990-01-27 10 NST. PENANG leaders of the opposition Spirit of '46 party burnt four national newspapers at a meeting in Permatang Pauh, near Hukit Mertajam here on Tuesday. They cheered and applauded as copies of I’tusan Malaysia, Utusan Melayu, Berita Marian and New Straits TimesNST. - 88 words
-
Article, Illustration452 1990-01-27 10 Why English is important to Malaysians by Anwar Bernama. NST. GENTING HIGHLANDS Malaysia might have problems retaining its standing in the world community if its people were not proficient in the English language. Education Minister Anwar Ibrahim said. He cautioned that any let-up in efforts to improve the command ofBernama.; NST. - 452 words
-
Article, Illustration317 1990-01-27 10 M BASTIANS - By M BASTIANS KUALA LUMPUR Singapore trainer Luke Kang, who was arrested on Jan 10 and released five days later in connection with the assault of a Malayan Racing Association official, is upset that his image has been tarnished. The 44-year-old trainer317 words
-
-
CAUSEWAY/ASEAN
-
Article, Illustration705 1990-01-27 11 Govt has to calm angry public while maintaining close ties with Malaysia AFP. JAKARTA Malaysia’s execution last Friday of an Indonesian convicted of drug-trafficking offences has given Jakarta the daunting task of having to calm a public outcryAFP. - 705 words
-
279 1990-01-27 11 Bernama. JAKARTA A proposal to make Malay the lingua franca of the region raised during discussions last week between Malaysian and Indonesian youth leaders has been rejected for now because “minorities” might not be comfortable with the move. But the MalaysianBernama. - 279 words
-
79 1990-01-27 11 KUALA LUMPUR The Young Malaysian Movement (YMM) has launched a nationwide boycott of the privatelyran TVS station and urged all Malaysian Chinese to stop watching its programmes. The boycott is over TVS’s refusal to broadcast bulletins in Mandarin, despite repeated requests from the Chinese79 words
-
353 1990-01-27 11 Bernama. KOTA KINABALU Prime Minister Datuk Seri Dr Mahathir Mohamad has said that it was unfair for Sabahans to think that Malaysians from other states had no place in Sabah. Making the point that Malaysians should not be nar-row-minded and parochial, heBernama. - 353 words
-
Article, Illustration283 1990-01-27 11 Murdani: Don’t take Indonesia Malaysia ties for granted JAKARTA Relations between Indonesia and Malaysia should not be taken for granted and there was a need for introspection to prevent recurrence of the "bitter days” of the past, The Jakarta Post newspaper has quoted a senior Indonesian minister as saying. Minister283 words
-
267 1990-01-27 11 TAN LIAN CHOO - By TAN LIAN CHOO Bangkok Correspondent BANGKOK Prince Norodom Sihanouk has done it again he has resigned from his post as head of the United Na-tions-recognised Coalition Government of Democratic Kampuchea. The prince, well-known for his quick changes of mood, said267 words
-
-
COMMENT/ Pick of the week’s editorials
-
Article612 1990-01-27 12 JAN 26, 1990 THE hanging last week of Indonesian Basrie Masse in Malaysia for drug trafficking did not pass without some parties in his native land trying to whip up a storm over the event. This is not the first time in the region that groups612 words
-
Article660 1990-01-27 12 JAN 25. 1990 IN A move aimed at fostering the creative talent of young Singaporeans, the Ministry of Education’s Gifted Education Unit will be organising a seminar in March for students who have literary gifts. According to a report in this paper earlier in the week, the660 words
-
Article639 1990-01-27 12 JAN 24. 1990 WHATEVER reservations there may be over the historic merger between South Korea’s ruling Democratic Justice Party and two major opposition parties, the alliance would probably spare the country more political unrest than it is currently facing. Tension has been mounting in recent months,639 words
-
655 1990-01-27 12 THE GOLDEN HORSE FOR the Year of the Horse which begins today, there is no better welcome than the good old lusty and hearty cheer: Here comes the Horse! The Chinese-educated greet it in a pithier form: Ma dao chcng-gong, translatable as655 words
-
Article156 1990-01-27 12 “A view Ls constructive if it is aimed at solving the country’s problems of advancing the interests of the people, and can be logically proven to do so. A dissenting view can also be constructive.” First Deputy Prime Minister Goh Chok Tong, in a recent interview with author156 words
-
-
COMMENT/ Perspective
-
1635 1990-01-27 13 During Prime Minister Lee Kuan Yew’s private visit to Taiwan from Jan 4 to Jan 8, an arrangement was made for him to view the top-secret Chia-shan Project near Hualien. The visit to the highly-sensitive military installation attracted much media attention1,635 words
-
841 1990-01-27 13 RUSSELL HENG - VIEWPOINT By RUSSELL HENG writing in The Sunday Times IF ONLY I were a child, I would quite unreservedly enjoy the public festivities being organised for this Lunar New Year. On Friday night, horses were assembled on the Padang to a din841 words
-
-
TIME$
-
432 1990-01-27 14 TDB pledges to continue helping them sell products and services overseas REFLECTING a more outward orientation among Singapore companies, domestic exports by local firms increased by an estimated 17 per cent last year to hit a record high of $8.4 billion. This432 words
-
293 1990-01-27 14 MULTI-PURPOSE Holdings Bhd (MPHB) yesterday announced the sale of 79.06 million shares in its trading subsidiary Mulpha International Trading Corporation Bhd (MITC), bringing its stake down to 20.3 per cent from 71 per cent. It said the shares were sold in293 words
-
152 1990-01-27 14 and Aseam hankers. Bernama. KUALA LUMPUR Malayan Banking Bhd ha* reported a M-per cent Jump In group pre-tax profit to M1155.3C million (BslBl.ll million) for the half-year ended Dec 31. At the bank level, pre-tax profit more than doubled to Msllt.lB million from Mftt.Tl millionand Aseam hankers. Bernama. - 152 words
-
203 1990-01-27 14 NEPTUNE Orient Lines will be the first foreign shipping line to provide trucking services in Fujian province with the setting up of a joint venture in Fuzhou. The national shipping line said this week that the new service will substantially reduce203 words
-
419 1990-01-27 14 A MAJOR Indonesian industrial group PT Raja Garuda MAS (RGM) this week spelled out its plans to take control of SESlisted Electro Magnetic (S) Ltd (EMS). It is buying a 38-per cent stake in the company, and the takeover will be419 words
-
Article, Illustration459 1990-01-27 14 CHOW CHEE SUN - By CHOW CHEE SUN UNITED Overseas Bank has promoted Mr Ernest Wong Yuen Weng to the newly-created post of president in a series of top-lev-el promotions seen as a bid to position itself for the new decade. In a459 words
-
154 1990-01-27 14 – DOREEN SIOW - DOREEN SIOW. ANOTHER piece of Mr Alan Bond’s fragmenting empire, Bond Motor Corporation, will be sold to a consortium of Singapore investors led by hotelier-businessman Ong Beng Seng. Bond Motor Corp, which had an operating profit of A 52.25 million (553.30 million) for154 words
-
Article, Illustration550 1990-01-27 15 KUALA LUMPUR Malaysian Finance Minister Datuk Daim Zainuddin has asked the Kuala Lumpur Stock Exchange not to “react wrongly” to measures taken by the Stock Exchange of Singapore to overcome the loss of 182 Malaysian counters following the split between550 words
-
Article154 1990-01-27 15 COUNTER RATES Singapore dollar* to on* unit ot foreign currency Buying 00 Selling US dollar 1 8615 1.8835 Sterling pound 3.0642 3.1238 Australian dollar 1 4121 1 4531 Canadian dollar 1 5650 1.5969 NZ dollar 1.0999 1.1348 Singapore dollars to 100 units of foreign currency Austrian schilling 14154 words
-
152 1990-01-27 15 AFP MALAYSIA sold a record 5.1 million tonnes of palm oil last year, almost 19 per cent more than in 1988 despite claims in the United States that the oil triggers health problems. Last year’s export spurt followed a 5 per cent– AFP - 152 words
-
Article, Illustration1348 1990-01-27 15 Singapore’s seafood processors are upgrading their products and automating their plantrs to produce frozen for bigger markets. LIM SOON NEO reports A HOUSEWIFE in a typical Japanese supermarket picks up an attractively packed seafood “TV dinner”. She checks to ensure that it carries the words “Made-in-Singapore”.1,348 words
-
SINGAPORE SHARE PRICES
-
Article3076 1990-01-27 16 SECTION ONE TRANSACTION DATE: JANUARY 25 1990 Qr's Qr's T#l Last Vol Day L mmi OtiAte Dlv Dlv Y'ld Net M Cep High Low Code Company Sal* •or- (’OOP) High Low Buyer Sellar C'VT P/E Smll I INDUSTRIAL COMMERCIAL 244 in < 1000 Acma 224 •1 4383,076 words
-
-
Weekly sharemarket review
-
Article781 1990-01-27 17 THE Straits Times Industrials Index plunged below the 1,500 points’ resistance level to 1,495.25 on Wednesday its lowest level this year following the Tokyo Nikkei’s 599-point tumble earlier in the day. But it recovered slightly the next day, after hitting an intra-dav low of 1.490.50, to781 words
-
Article179 1990-01-27 17 ST Industrials Index THE New Straits Times Industrials Index lost 70.18 points to 2,859.54 points. MONDAY: 2,916.09 points (down 13.63); 119.549 m units (valued at M5196.887m); TIESDAY: 2,888.66 (down 27.43); 88.943 m units (Msl 53.032 m); WEDNESDAY: 2,850.81 (down 37.85); 65.653 m units (M5125.843m); THURSDAY: 2,859.54 (up179 words
-
Article1980 1990-01-27 17 TRANSACTION DATE: JANUARY 25, 1990 196*190 Tal Last Vol Day Last Quote High Low Coda Company Sale or(•000) High Low Buyer Seller HONGKONG STOCKS 960 960 1739 Cheung Kong 980 750 715 1341 HongkongBank 715 -5 28 720 715 725 1218 Hutchinson 1738 Hysan Da» 1217 Jardine M1,980 words
-
Article649 1990-01-27 17 1 a HKt Allied Overseas 079 -001 Allied TW 0 71 7 0 01 Amoy Properties 255 *0 025 Asia Sec lnt'1 230 *0 125 Asia Sec War 91 0 49 Bank of EA 17 90 *020 Bond Corp Int i 1 52 •0 03 Bond Corp War 91649 words
-
-
593 1990-01-27 18 KOH BEE ANN - But it may be sometime yet before they are floated By KOH BEE ANN FOLLOWING the phenomenal response to Kim Eng Holdings’ public offer of 50 million shares, rumours are rife in the stockbrokmg industry that three other local firms,593 words
-
422 1990-01-27 18 KOII BEK ANN - KOII BEK ANN. STOCKBROKERf in general applauded ’he Stock Exchange of Singapore's (REST proposal to increase the capital base of member firms in a move to further strengthen the securities industry. If approved at an extraordinary general meeting to be held next month,422 words
-
270 1990-01-27 18 MBT. KUALA LUMPUR The Kuala Lumpur Stock Exchange is understood to have submitted to the Treasury a paper on the merger of smaller broking houses under holding companies as part of the move to strengthen stockbroking industry. Smaller brokers who support– MBT. - 270 words
-
Article158 1990-01-27 18 by the capital factor. Bernama. KUALA LUMPUR The Malaysian Investors’ Association (MIA) said it has received public complaints that some Malaysian stockbrokers lack the capacity to handle the recent upsurge in trading volumes on the Kuala Lumpur Stock Exchange. MIA said in a statement that theby the capital factor. Bernama. - 158 words
-
722 1990-01-27 18 ROSIE TAN - 3y ROSIE TAN in Buvness times WITH SOME HELP from the influx of foreign money, the Singapore stockmarket outperformed the world’s major stock markets last year. In local currency terms, the value of Singapore shares rose 42.62 per cent and722 words
-
Article219 1990-01-27 18 Manager’s prices for January 26 Singapore Unit Trust The Commerce 1.28—1.35 The Savings Fund 1.09 —116 Spore Prog fund 0.4/—0.51 S pore Sec Fund 0 81—0.86 S’pore Invest Fund 0.86—0 91 S'pore Equity Fund 0 58—-0 6? Asia Unit Trust Mai Invest fund 1.68—177 Ma! Prog Fund 0.45219 words
-
Article, Illustration433 1990-01-27 19 CAROLINE CHAN - Whopping $6.2 billion worth of contracts expected By CAROLINE CHAN THE construction sector can expect a whopping $6.2 billion worth of contracts this year up 24 per cent over last year’s $5 billion figure but costs of building materials and labour are also slatedSou ret: Construction Industry Development Board; 'Hroesgraphcs by SHARE AH MOKHTAP - 433 words
-
97 1990-01-27 19 THE competitive flour market has resulted in Khong Guan Flour Milling Ltd incurring a pre-tax loss of $34,000 for the six months ended Oct 31, despite an 11.4 per cent increase in turnover to $3.95 million. Investment and other income for the97 words
-
305 1990-01-27 19 GERRY DE SILVA - By GERRY DE SILVA SINGAPORE banks are eyeing the opportunities arising from the inflow of investors into Batam Island, located about 20 km south-east of the Republic. In the past few months, bankers here have made several trips to Batam to hold discussions305 words
-
Article96 1990-01-27 19 UMW Holdings Bhd said its proposed rights issue has been approved by the Capital Issues Committee on revised terms which the company has accepted. It said in a statement that the basis of the issue has been revised to one new share for every 10 existing shares96 words
-
179 1990-01-27 19 KUALA LUMPUR Malaysians who emigrate to Australia between July 1 last year and June this year are likely to invest more than Ms3oo million (Ss2lo million) to set up businesses in Australia. Nanyang Siang Pau newspaper reported yesterday. The figure was disclosed179 words
-
Article52 1990-01-27 19 KEPPEL Corporation's subsidiary in Manila, Keppel Philippines Shipyard Inc (KPSI), has decided not to invest in Engineering Equipment Inc. one of the largest construction groups in the Philippines, because the group felt that KPSI would be unable to contribute effectively after detailed review of the52 words
-
Article131 1990-01-27 19 PROPERTY-based Bukit Sembawang Estates Ltd has decided not to proceed with capital-repayment-cum-bonus exercise as it previously announced in June last year. A statement from the company said the board instead intends to increase the authorised capital of the company from $2O million to $24 million.131 words
-
357 1990-01-27 19 – STEVEN PAK - STEVEN PAK THE Singapore dollar is widely expected to strengthen further in the next few months against the US dollar and the Malaysian ringgit, both of which slumped to historic lows on Wednesday. Analysts and foreign exchange dealers contacted by The Straits Times357 words
-
262 1990-01-27 19 TV conference to boost SingaporeNorway trade ties IN A novel bid to boost economic ties between Singapore and Norway, a direct TV 7 conference linking more than 100 local businessmen here with 500 Norwegian industrialists will be staged on Tuesday. The three-hour TV conference between Singapore and Oslo also involves262 words
-
-
Page 17 Advertisements
-
Advertisement26 1990-01-27 17 Due to earlier press time because of the Lunar New Year holiday, Friday’s half-day trading is not reported in this Issue. The market reopens on Tuesday.26 words
-
-
FORUM
-
840 1990-01-27 20 THE ugly spectre of racism seems to have raised its profile with increased vigour internationally and even in our own country. As a Singaporean of mixed descent, I cannot help but be very concerned about the developments in this area.840 words
-
ON THE RELIGIOUS HARMONY BILL
-
317 1990-01-27 20 I REFER to Mr Jack K. Root’s letter, “Line between politics and religion” (ST, Jan 13 See Box), criticising Archbishop Gregory Yong for stating that the line between religion and politics cannot be firmly drawn. He has not gone past the stage of having317 words
-
61 1990-01-27 20 ARCHBISHOP Gregory Yong find that politics is akin to religion. As a baptised and confirmed Catholic, I beg to differ. Religion, according to my Websters’ dictionary, Is “the service and worship of (iod or the supernatural.” Polities is defined as “the art or science61 words
-
-
-
Page 20 Advertisements
-
Advertisement144 1990-01-27 20 su ft The Straits Times Weekly Overseas Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. The Straits Times Weekly Overseas Edition.144 words
-
-
Page 21 Advertisements
-
Advertisement1323 1990-01-27 21 APPOINTMENTS The Singapore Branch of an International Offshore Bank invites applications for the folloujing positions: DCIIICR to join its foreign exchange and money market team The applicant uue are looking for should hove on alert and analytical mind, integrity and an ability to communicate effectively at all levels He should1,323 words
-
-
Page 22 Advertisements
-
Advertisement1112 1990-01-27 22 APPOINTMENTS invites applications for the posts of (i) PROJECTS AND CONSTRUCTION MANAGER (ii) REAL ESTATE EXECUTIVE We are looking for bright, dynamic and aggressive individuals who wish to contribute to the growth of the World Famous Pizza Applicants must be self-starters with a high degree of enthusiasm. Requisites are: (i)1,112 words
-
-
TIMESPORT
-
306 1990-01-27 23 S GULAM - SEMI-PRO PREMIER LEAGUE SOCCER By S GULAM of The New Paper DEFENDING champions Geylang International remained the best contender for the Premier league title. But last year’s runners Jurong Town FC and former giants Tiong Bahru CSC emerged as serious306 words
-
Article414 1990-01-27 23 SATURDAY Bale* tier 1 Safsa I: Boris Lucic was again the saviour tor Balestier United. The 24-year-old Yugoslav striker scored the winner against hard-fighting Safsa. He slammed in the ball from the close-range during a goalmouth melee. The young soldiers gave their highly-rated opponents a tough time in414 words
-
Article76 1990-01-27 23 STANDINGS F’ W D L F A Pts. Jurong 5 1 0 l 10 4 K T. Bahru 5 3 1 1 13 8 7 Geylang 1 3 1 0 1 3 7 Balestier 5 2 2 l 8 5 6 Tyrwhltt 4 1 2 l 2 276 words
-
Article132 1990-01-27 23 SARAWAK, who withdrew from both the Malaysia Cup semi-professional competition and the Football Association of Malaysia (FAM) last November after their players were involved in a fracas at the Merdeka Stadium in their semi-final sec-ond-leg match against Kuala Lumpur FC, have decided to rejoin the132 words
-
Article, Illustration355 1990-01-27 23 JOE DORAI - By JOE DORAI JITA SINGH is no longer the coach of the Singapore national soccer team after turning down a Football Association of Singapore offer of a two-year full-time contract. He wants to concentrate on his business. Jita made the decision after355 words
-
Article, Illustration433 1990-01-27 23 PETER KHOO - ATHLETICS by PETER KHOO SPRINTER Haron Mundir will have to return the medals he won at last year’s South-east Asia Games if he loses his court case against the Singapore Amateur Athletic Association over their ban on433 words
-
Article, Illustration270 1990-01-27 23 KUALA LUMPUR Malaysia’s National Sports Connell will continue to provide financial assistance to swimmer Nnrnl Huda Abdallah, as long as the requests are “reasonable and realistic”. Sports Minister Datok Seri Najlb Ton Razak said the NSC will ask the swimmer’s mother, Cindy270 words
-
-
354 1990-01-27 24 Keruak. – KALIMI LLAH lIASSAN - Keruak. KALIMI LLAH lIASSAN. KUALA LUMPUR Freddy I.im Nyuk Sang, a prominent Sabah businessman detained under the Internal Security Act, was named in the sessions court in Kota Kinabalu as the man mainly responsible for allegedly giving kickhacks to Datuk I)r354 words
-
634 1990-01-27 24 POLY FEES TO GO UP IN JUNE THE polytechnics will increase their fees in the new academic year in late June, but all full-time polytechnic students are eligible for loans of up to half their new tuition fees. The loans634 words
-
179 1990-01-27 24 THE US dollar on Thursday drifted slightly downwards in quiet conditions to close at 551.8775 its third consecutive record low. Dealers said trading continued to be lacklustre in the absence of many institutional players who stayed on the sidelines one day ahead of the179 words
-
Article85 1990-01-27 24 ELECTRICITY rates will be raised by an average five per cent for the three-month period starting Feb 1, the Public Utilities Board said on Thursday. The increase is to reflect the higher prices it paid for fuel oil, the raw material used by power stations. Under the new85 words