The Straits Times : Weekly Overseas Edition, 17 February 1990
1990-02-17
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The Straits Times : Weekly Overseas Edition
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Title Section20 1990-02-17 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, FEBRUARY 17, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration682 1990-02-17 1 Plans include third passenger terminal, longer second runway SINGAPORE will be spending $1.6 billion in the coming decade to build a third passenger terminal, extend the second runway by 400 metres to 4,000 metres, add another cargo agents building and upgrade Terminal682 words
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Article, Illustration743 1990-02-17 1 THE commercial aviation business can expand to take up any slack caused by reduced defence spending as a result of brightening prospects for peace in the West. The First Deputy Prime Minister, Mr Goh Chok Tong, who said this when he opened743 words
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674 1990-02-17 1 SANDRA DAVIE - By SANDRA DAVIE MORE courses, a big boost to research and better physical facilities these are among several moves by the National University of Singapore to upgrade the standard of university education and infrastructure to world-class standards. The announcement by the NUS Vice-Chancellor,674 words
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Page 1 Advertisements
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Advertisement72 1990-02-17 1 Raja’s open letter to KL minister: Back Page INSIDE Of earth, wind and water PAGE 13 NEWS FOCUS Ceremonial welcome for visiting Soviet PM PAGE 3 HOME Christians, not Church, should take part in politics: Dr Tay PAGE 5 S'pore doctors set to do first heart and liver transplants PAGE72 words
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Advertisement7 1990-02-17 1 ili-i >• ;W j Membership his Its Privileges7 words
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NEWS FOCUS
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Article, Illustration813 1990-02-17 2 Minister lists areas in which STPB is cooperating with KL FAR from trying to sabotage tourism in Malaysia, Singapore has instead been actively promoting it through the activities of the Singapore Tourist Promotion Board, Mr Mah Bow Tan said this813 words
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Article, Illustration267 1990-02-17 2 KUALA LUMPUR Culture and Tourism Minister Datuk Sabbaruddin Chik has not denied that political motives were behind some of the programmes made by the government, including the Visit Malaysia Year 1990. Nanyang Siang Pau newspaper reported on Monday. But he stressed that the267 words
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61 1990-02-17 2 JOHOR BARI Two brothers and three sisters, returning home after attending their sister’s wedding, were killed in a road smash-up in Johor on Monday. Four other people, who had also attended the wedding, also died. All nine were in a van when it collided61 words
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225 1990-02-17 2 Bernama. KLANG (Selangor) Staff at the General Hospital here are waging an uphill battle to contain the spread of a serious infection among infants which has been claiming an average of three lives a week, hospital sources said. The antibiotic-resistant infectionBernama. - 225 words
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Article, Illustration549 1990-02-17 2 PRINCE Norodom Sihanouk is still a key player in the search for peace in Cambodia, BrigadierGeneral (Reservist) Lee Hsien Loong told the British Broadcasting Corporation. “Prince Sihanouk has been a key player in this game for many549 words
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123 1990-02-17 2 A SINGAPOREAN who returned home for a holiday was found to be an Aids carrier. Sources said he is single and in his 30s. His condition was detected when he was admitted to a private hospital for fever and weight123 words
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813 1990-02-17 3 Persuade Hanoi to end involvement there, he urges visiting Premier PRIMP: Minister Kuan Yew last night urged the Soviet Union to help end the conflict in Cambodia by persuading Vietnam to wind up its involvement there. He said Vietnam should instead work813 words
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469 1990-02-17 3 Soviet Prime Minister replies... THE radical changes in Soviet policies are the result of recognition that the world had changed and that the Soviet Union had to actively co-operate with the rest of the world if it was to flourish, visiting469 words
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Article, Illustration191 1990-02-17 3 SOVIET Prime Minister Nikolai Ryzhkov was given a ceremonial welcome at the Istana grounds shortly after his arrival at Changi International Airport yesterday. Here he is seen inspecting a guard-of-honour mounted hy the Singapore Second Guard Battalion. Behind him is Mr l^ee. Mr191 words
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362 1990-02-17 3 ANY setback in Soviet leader Mikhail Gorbachev’s perestroika and glasnost policies would create "grave misgivings and tensions” in the world, Prime Minister I>ee Kuan Yew has warned. The international tension would result from having turmoil in a great power like the Soviet362 words
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HOME
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Article, Illustration1168 1990-02-17 4 Chance for primary school teachers to get degree-level training SINGAPORE is poised to have two big, competing universities next year the present National University of Singapore (NUS) and the new Nanyang Technological University (NTU). Together, they will offer more courses and1,168 words
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472 1990-02-17 4 ENGINEERS and clerks they are the most sought after people in Singapore’s tight job market today. These are the most advertised jobs in the media and a fair number of the ads are repeated. The Straits Times and the Lianhe Zaobao,472 words
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295 1990-02-17 4 A DOCTOR who recently started a two-year jail term for cheating his patients, was this week acquitted of 166 similar charges after they were withdrawn by the prosecution in a district court. But Chow, 40, and his wife Catherine Toh Lay Kim. 33,295 words
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106 1990-02-17 4 ECONOMIC growth here saw employment Increasing by 3.1 per cent to 1.28 million In Jane last year. At the same time, the buoyant job market led to a 1.1-percentage point drop In the unemployment rate to 2.2 per cent, said the Labour Ministry.106 words
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Article, Illustration814 1990-02-17 5 BERTHA HENSON - Where the line should be drawn between religion and politics By BERTHA HENSON CHRISTIANS, and not the Church, should get involved in politics, Senior Minister of State for Education, Dr Tay Eng Soon, has said. Individual Christians should enter814 words
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106 1990-02-17 5 AFP. KUALA LUMPUR Catholic churches have urged their parishioners to observe a day-long fast to protest against what bishops said were government attempts to apply Islamic law to non-Musiims. The fast is part of a campaign by non-Musiim groups against a controversialAFP. - 106 words
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269 1990-02-17 5 Aviation magazine names SI A 1989 Airline of the Year’ SINGAPORE Airlines has been named the 1989 Airline of the Year by editors of Air Transport World, a leading aviation magazine. This is the 16th year of the award, and the first time it has been presented outside New York.269 words
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313 1990-02-17 5 HOW do non-Christians in Singapore look on the Christians, who are among the most affluent and the host educated, but are in the minority? Posing this question in his article Religion and Politics in the Singapore context, Dr Tay Eng Soon said313 words
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Article, Illustration189 1990-02-17 5 Boat has gold-plated door knobs, bathroom taps A SINGAPOREAN businessman has joined such luminaries as the Saudi King, the Queen of Holland and billionaire American pubisher Malcolm Forbes in owning a Feadship luxury yacht the Rolls-Royce of the sea. This was disclosed on Tuesday by189 words
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128 1990-02-17 5 ALL stocks of Perrier water are being withdrawn from stores in Singapore although samples tested by the Ministry of the Environment have been found to be benezene-free. This is in line with the decision taken by the French company Source Perrier to withdraw its bottled128 words
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Article35 1990-02-17 5 SINGAPORE enjoyed another strike-free year last year, making it the third consecutive year since 1986. labour disputes requiring Ministry of Labour conciliation also dropped lasty year from 366 in 1988 to 353.35 words
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Article, Illustration423 1990-02-17 6 THE flying display at Asian Aerospace was a visual treat with all the audio effects thrown in the air reverberated with the roar of jet engines as planes cleaved the skies in their graceful loops and turns. The display opened with the423 words
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Article, Illustration578 1990-02-17 7 SERENA TOH - Ministry gives go-ahead to SGH and NUH By SERENA TOH HEART and liver transplants will be carried out by doctors in Singapore for the first time in pilot projects. The Health Ministry has given the go-ahead to Singapore General578 words
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499 1990-02-17 7 A RECORD 14.1 million passengers passed through Singapore’s Changi International Airport last year and more than 15 million of them are expected to do so this year. With Terminal 2 due to open in the third quarter of this year, 56 per499 words
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217 1990-02-17 7 FROM the south and the centre of Singapore they came in their thousands to take part in the island's biggest-ever fuel rationing exercise. By 6 pm last night, more than 10,000 motorists had called in at 35 post offices to collect their217 words
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Article, Illustration109 1990-02-17 7 BRITISH royal photographer Norman Parkinson (above) died at Mount Elizabeth Hospital early on Thursday morning after suffering a brain haemorrhage in Kota Kinabalu. Mr Parkinson, 76, had been on an assignment in Sabah when he was found unconscious in his hotel room on109 words
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Article, Illustration170 1990-02-17 7 THE father of a three-vear-old girl was shocked when his daughter Inga walked out of a clothes store fitting room with a loaded gun in her hands. Dr Ingo Nuss, a senior teaching170 words
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245 1990-02-17 7 THE continued strong demand, coupled with a short supply of computer professionals, could translate into a projected pay rise of about 10.2 per cent this year for them. This is higher than the 8.4-per cent pay increase predicted for all categories of245 words
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159 1990-02-17 7 CHIEF executives from some of the world’s largest multinational corporations will be among the 1,000 or more foreign and local businessmen attending the second Global Strategies Conference in Singapore in June. The theme of the bienniel meeting this year is "Global Strategies: World-Class partnership”,159 words
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State visit by the Sultan of Brunei
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Article, Illustration455 1990-02-17 8 Visiting ruler in turn confers sultanate’s highest honours on President Wee and PM Lee THE isiting Sultan Hassanal Bolkiah of Brunei was on Monday conferred Singapore’s highest state award, the Order of Temasek, First Class, and its highest military award, the Distinguished455 words
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381 1990-02-17 8 THE close ties between Singapore and Brunei should be further strengthened to help both countries overcome the uncertainties caused by the recent political changes in the world, President Wee Kim Wee said at the State banquet he hosted for the visiting Sultan of381 words
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231 1990-02-17 8 BRUNEI welcomes Singaporean investors as they would contribute towards the success of the country’s industrialisation programme, Sultan Hassanal Bolkiah of Brunei said. Making the call for more such investments in his speech at the state banquet in his honour, he noted that both231 words
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Article, Illustration159 1990-02-17 9 IT was a daunting prospect flying the country’s top general. Rut woman flying instructor Captain Koh Chai Hong of the Republic of Singapore Air Force was unfazed by her VIP passenger. So it turned out to be smooth flying for Lieutenant-General Winston Choo, the Singapore Armed159 words
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321 1990-02-17 9 THE Industrial Arbitration Court (lAC) yesterday held that the promotion of Singapore Airlines (SIA) pilots was solely the prerogative of the management and rejected the pilots’ association’s bid to get the court to order SIA to hold talks on the issue. lAC321 words
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147 1990-02-17 9 THE Ministry of Health this week started a telephone survey of some 1,500 Singaporeans to determine any relationship between their lifestyles and the country’s major diseases. A ministry statement said the information would be valuable in planning major health programmes. The147 words
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142 1990-02-17 9 THE proposed second link between Singapore and Johor has been approved by federal authorities in Malaysia, I tusan Melayu reported on Tuesday. It quoted Johor Mentri Besar Tan Sri Muhyiddin Yassin as saying that federal approval meant that the project will “definitely proceed’’. The Malay-language142 words
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across the CAUSEWAY
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434 1990-02-17 9 Items ‘overpriced, no guarantees on quality, safety’ KUALA LUMPUR NST PARLIAMENT’S Public Accounts Committee is referring a MslB million (5J12.25 million) purchase by the Royal Malaysian Navy central logistic depot of spare parts between 1986 and 1987 to the Cabinet– NST - 434 words
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444 1990-02-17 9 But denies fake spare parts were used KUALA LUMPUR The Malaysian Ministry of Defence has said that it has proof of corruption in the Royal Malaysian Air Force (RMAF), but denied reports that inferior or imitation spare parts were used444 words
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248 1990-02-17 9 NST JOHOR BARU Malays should learn Mandarin and Tamil to reduce racial divisions and forge closer ties among Malaysia’s ethnic communities. Information Minister Datuk Mohamed Rahmat said. He said on Sunday it was unfortunate that Malays had failed to grasp the mother tonguesNST - 248 words
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Article, Illustration810 1990-02-17 10 KUALA LUMPUR A Malaysian newspaper has urged Malaysia and Indonesia to take another look at their policies and eliminate what it described as prejudices which could be exploited by other parties who were unhappy about the close ties between810 words
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166 1990-02-17 10 trafficking. – ISMAIL KASSIM - trafficking. ISMAIL KASSIM. THE Iterlta story was the third unfavourable report against Singapore in three days sinre the attack by Culture and Tourism Minister Datuk Sahbaruddin Chlk. In an unsolicited comment a week ago, he described as “insincere” the recent call by166 words
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Article475 1990-02-17 10 ISMAIL KASSIM - Transport Ministry explains action By ISMAIL KASSIM KUALA LUMPUR The Malaysian Civil Aviation Department decided to close the country's airspace to planes from a neighbouring country’s flying club because they were used for spying, Berita Minggu, a Malay language newspaper reported on Sunday. In a475 words
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141 1990-02-17 10 KUALA LUMPUR Culture and Tourism MlnLster Datuk Sahbaruddin Chlk, who last week accused the Singapore Government of not being sincere in Its call to Singaporeans to visit Malaysia, has now attacked Australia for “destroying Malaysia’s image”. Australia produced and broadcast some films which were141 words
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482 1990-02-17 10 ZURAIDAH IBRAHIM; and IRENE NGOO - By ZURAIDAH IBRAHIM and IRENE NGOO KUCHING Indonesia's Ambassador to Malaysia, Mr Sunarso Djajusman. has again said that Malaysia should not view Singapore's efforts to forge closer ties with Jakarta, particularly in military co-operation, with fear or suspicion.482 words
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CAUSEWAY / ASEAN
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Article, Illustration338 1990-02-17 11 Crowd hurls abuse at prosecutor KOTA KINABALU AFP, Bernama. THE controversial younger brother of the Chief Minister of Sabah pleaded not guilty on Monday to corruption involving some Msl million (*****,000) and shares in shipping companies. Datuk Dr Jeffrey Kitingan, 42. aAFP,; Bernama.; NST picture. - 338 words
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454 1990-02-17 11 ISMAIL KASSIM - By ISMAIL KASSIM KUALA LUMPUR All employees of the Sabah Foundation have been asked to sign written pledges of support to its director, Datuk Dr Jeffrey Kitingan, whose trial on corruption charges involving Msl million is due to be454 words
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87 1990-02-17 11 KI'ALA LUMPUR Enforcement officers caught 493 couples behaving “indecently” in city parks last year, The Malay Mail reported. KLssing, necking, petting or making love in public parks cost 782 people a total of M 527,600. They made up 80 per cent of the 98687 words
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235 1990-02-17 11 KUALA LUMPUR The Malays should reconsider the popular view of Hang Tuah as the legendary hero of Malacca because he was nothing more than a samseng (thug) serving a tyrant king, according to Universiti Malaya Vice-Chancellor Professor Sve<l Hussein Alatas. “A careful235 words
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60 1990-02-17 11 PENANG Malaysia’s first Prime Minister, Tunku Abdul Rahman, celebrated his 87th birthday from the Gleneagles Medical Centre here on Thursday last week. The Tunku, who was suffering from a viral flu infection, cut a birthday cake which was presented to him by two opposition60 words
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198 1990-02-17 11 NST. KUALA LUMPUR A video pornography controversy involving the former secre-tary-general of the Malaysian Indian Congress (MIC) has threatened to sour the party’s relations with another component member of the ruling National Front coalition. MIC president Datuk Seri S. Sarny Vellu called on– NST. - 198 words
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Article, Illustration679 1990-02-17 11 IRENE NGOO; ZURAIDAH IBRAHIM: Kuching - By IRENE NGOO and ZURAIDAH IBRAHIM: Kuching Kuching ASEAN senior officials have agreed that the sixmember grouping should approach the new Asia-Pa-cific economic forum with caution and proceed only on a step-by-step basis. They also agreed that Asean countries should treat the679 words
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COMMENT / Pick of the week’s editorials
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Article605 1990-02-17 12 FEB 15. 1990 A COUNTRY’S education system has to cater to both its development needs and its people's educational aspirations. Lord Dainton’s wideranging and far-reaching recommendations to the Education Ministry should take the Republic one further step towards satisfying both goals. Singaporeans place a high premium on605 words
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Article591 1990-02-17 12 FEB 14. 1990 HISTORY, geography and politics combine to dictate that Singapore-Malaysia ties cannot be as uneventful as relations between, say. Singapore and Mali. The recent wholly baffling accusation by Datuk Sabbaruddin Chik, the Malaysian Culture and Tourism Minister, that Prime Minister Lee Kuan Yew was insincere in591 words
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Article663 1990-02-17 12 FEB 12. 1990 IT is by now generally acknowledged by most experts that the next century will be one witnessing much economic vibrancy in the Pacific Basin. So when Prime Minister Lee Kuan Yew said in Switzerland last week that the Pacific Rim countries combined would form663 words
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724 1990-02-17 12 THAT’S MY LINE TRIVIA that’s my line. My forte since old Memory Lane times. But what may appeal trivial to most of us may, on the contrary, be of special interest to some others viewing the same thing from a deeper and724 words
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Article199 1990-02-17 12 “We do not think Singapore will become a threat but some Malaysians feel differently. Some of them equate Singapore’s presence here with that of Israel’s in the Middle East. These suspicions are, I think, due to historical factors, but they should be erased for the sake of our199 words
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COMMENT / Perspective
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Article, Illustration2363 1990-02-17 13 Fengshui men or geomancers are exerting an increasing influence among businessmen and laymen in Singapore, AGNES CHEN discovers. What accounts for these phenomenon? Is it science or susperstitution or sixth sense? THE Urns were on the verge of divorce. And when husband and wife were2,363 words
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TIME$
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Article, Illustration567 1990-02-17 14 GERRY DE SILVA - By GERRY DE SILVA IN A move that will lift the local aerospace industry to new heights, Singapore Aerospace is taking a 16-per cent stake in a US$2OO-million (Ss37o million) international joint venture to manufacture a new light helicopter. The567 words
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Article159 1990-02-17 14 COUNTER RATES Singapore dollars to ona unit ot toraign currancy Buying OD Selling US dollar ***** 1 8730 Sterling pound 3.1083 ***** Australian dollar 1 3837 1.4244 Canadian dollar 1.5308 1.5621 NZ dollar 1 0769 1.1116 Singapore dollars to 100 units of foreign currancy Austrian schilling 15.4283 *****5159 words
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259 1990-02-17 14 GOH ENG YEOW - By GOH ENG YEOW WITH the future of its US parent in jeopardy, the Drexel group in Singapore has started to wind down its operations, with clients advised to close their accounts and transfer their business to other firms. The group employs more259 words
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72 1990-02-17 14 IN A major move into the overseas property market, the Keppel group has bought a 13-storey office building in Houston, Texas, for about $4O million. In a statement, Keppel Corporation said it will hold a 35-per cent stake in the purchase, with72 words
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Article, Illustration668 1990-02-17 14 LEE HAN SHIH - By LEE HAN SHIH in Business Times IN THE fashion of globetrotting businessmen, a Singapore tycoon has bought from the richest man in Hongkong a big chunk of prime property in Vancouver, Canada. The deal, worth Cs4o million ($62 million), saw668 words
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Article, Illustration408 1990-02-17 15 Labour Ministry’s decision to allow execs to join union as associates CITING conflict of interests as a problem, the Singapore National Employers Federation (SNEF) has expressed grave reservations over the Ministry of Labour's decision to allow non-bar-gainable employees in unionised companies408 words
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359 1990-02-17 15 DBS BANK, which is one of the Big Four local banks, is raising its interest in Tat Lee Bank in a move to strengthen the close relationship already existing between them. DBS will subscribe for 15.724 million new shares which Tat359 words
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Article, Illustration294 1990-02-17 15 down in China. — GERRY DE SILVA - Hongkong politician takes stake in S’ pore firm down in China. GERRY DE SILVA. IN HIS first major investment foray into Singapore, leading Hongkong businessman and politician Alien l/ce is taking a stake in local printed eircuit hoard assembly producer DynaMech Electronics. Mr Lee, a director of Hang Seng Rank294 words
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Article69 1990-02-17 15 A PERANAKAN stand, and brush-painting and lanternmaking demonstrations to reflect Singapore’s rich multicultural heritage will be used to sell Singapore to some 100,000 visitors to an Italian travel fair next week. A 14-member delegation will take part in the International Tourism Exchange in Milan from69 words
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272 1990-02-17 15 Bemama. KUALA LUMPUR Authorities investigating insider trading on the Kuala Lumpur Stock Exchange (KLSE) have conducted their final investigations and are now collating the information gathered to prosecute those involved, Finance Minister Datuk Paduka Daim Zainuddin said here last Saturday.Bemama. - 272 words
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Article, Illustration435 1990-02-17 15 GERRY DE SILVA - By GERRY DE SILVA THE former managing director of IBM Singapore. Mi' John Wong, has joined Hong I,eong Corporation the trading and manufacturing arm of the Hong Leong Group as its group managing director. The news comes after Mr Wong’s surprise435 words
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Article54 1990-02-17 15 FOOD-BASED QAF Ltd has bought the remaining 25 per cent share in Brunei Press Sdn Bhd from Times Publishing for Ssl million. The purchase of 250,000 shares, through subsidiary QAF Investments Sdn Bhd, means that the Brunei-based subsidiary will now have total control over the weekly54 words
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Article225 1990-02-17 15 Manager's prices for February 17 19 Singapore Unit Trust The Commerce I 32—139 The Savings Fund 1.15-122 S'pore Prog Fund 0.50-0 54 S pore Sec Fund 0 84-0 89 S'pore Invest Fund 090-0.95 S'pore Equity Fund 0 60-0 64 Asia Unit Trust Mai Invest Fund 1 75-184 Mai225 words
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Article3157 1990-02-17 16 SECTION ONE TRANSACTION DATE: FEBRUARY 16, 1990 1M0 Tel Last Vd Day LmI Quota High Low Coda Company Sala or- (’000) High Low Buyar Sailor Qr's Dtv Qr’s Dtv rid C’VT Net P/E M Cap Smll INDUSTRIAL COMMERCIAL 244 111 1000 Acma 217 *2 81 220 2163,157 words
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Weekly sharemarket review
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Article842 1990-02-17 17 THE Singapore sharemarket began the week on a buoyant note, which saw the Straits Times Industrials Index hitting a new all-time high of 1,593.77. then fell prey to profit-tak-ing mid-week before recovering on Thursday and yesterday. The ST Index closed yesterday at 1.584.77 for a small gain of842 words
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Article1819 1990-02-17 17 TRANSACTION DATE: FEBRUARY 16 1989/90 Tel Low Cod* Company HONGKONG STOCKS 1000 980 1739 Cheung Kong 1000 1990 Voi Of (000) Day High lew Last Quota Buyer Sellar 785 715 1341 HongkongBank 755 750 1218 Hutchinson 1738 Hysan Oav 1217 Jardine M 1237 Swira Pac A MALAYSIAN 2331,819 words
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Article187 1990-02-17 17 ST Industrials Index TIIK Straits Times Industrials Index rose 3.35 points on the week to 1,584.77 points. Day-to-day indices: MONDAY: 1,593.77 points (up 12.25); 112.68m units (valued at $266.25m); TUESDAY: 1,575.88 (down 17.89); 167.62m units ($278.99m); WEDNESDAY: 1,564.70 (down 11.18); 130.65m units ($243.90m); Till KSDAY: 1,579.35 (up187 words
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Article613 1990-02-17 17 tMraar, It MM *1Allied Oversea» 094 0 01 Allied TW 093 009 Amoy Properties 2 75 005 Asia Sec int'l 2175 C 05 Asia Sec War 91 0405 0 005 Bank of EA 14 70 020 Bond Corp int'l 1 61 Bond Corp War 91 0 77 C P613 words
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578 1990-02-17 18 DOREEN SIOW - By DOREEN SIOW COLD Storage Holdings Ltd (CSH), which has proposed a capital reduction and divestment of its subsidiary Centrepoint Properties Ltd (CPL), on Monday announced a 12.6per cent increase in group pre-tax profits to $19.35 million for the half-year578 words
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350 1990-02-17 18 THE proposed restructuring of three listed food and property-related companies within the OCBC stable has been received positively by the market, judging from the response to their shares on resumption of trading on the Stock Exchange of Singapore on Monday.350 words
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363 1990-02-17 18 BETTER sales from all its operating companies including the Robinsons. St Michael’s and JL stores are likely to lift Robinson and Co Ltd’s current-year sales and profits to new heights. For the six months ended Dec 31, the group posted a363 words
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Article31 1990-02-17 18 SHANGRI-LA Hotel Ltd is expanding its hotel interests in the Philippines by taking a 5-per cent equity stake amounting to 552.12 million in Maetan Shangri-La Hotel Resort Inc.31 words
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245 1990-02-17 18 PING LIN - By PING LIN KUALA LUMPUR Four Malaysians have been arrested in Switzerland for allegedly cheating two Swiss banks of Msl9B million (Ssl3s million) through forged documents. The four, aged between 27 and 47, were arrested on Jan 20 at Zurich airport as245 words
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Article50 1990-02-17 18 LOCAL engineering and trading firm Ace Pressureweld International (API) has teamed up with a state-owned Burmese company to manufacture steel bars in Burma. API signed a joint-venture agreement on Wednesday with Myanmar Metal Industries to take a 45-per cent stake in the new company, Myanmar-Ace Metals Industry.50 words
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Article282 1990-02-17 18 Company RIGHTS ISSUE Bousteodco On# for three $1 15 per shore En dote Jan 19 Boot's close. Feb 1 Acceptance Poyment Mar 19 C 4 C Two for live $2 10 per shore Three warrants for every 10 existing shares held at $0 48 per shore En date282 words
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Article291 1990-02-17 18 Company RIGHTS ISSUE A Enterprises Three (or tour 8 M$2 30 per share Apollo One lor one $1 85 per shore C 1 Holdings Issue of 27m loon stocks in the ratio of $3 loon stock for every five ordinary shores held F A C B One for291 words
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141 1990-02-17 18 KIALA Lt MPI R The Kuala Lumpur Stock Exchange (KLSE) has given stockbroking companies three months to computerise their operations in a stern measure to ensure faster processing of share transactions. The committee decided on thLs ruling at a special meeting last week to show141 words
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Article, Illustration532 1990-02-17 19 LEE HAN SHIH - Additional land to be bought from Govt, plus s3om development charge By LEE HAN SHIH in Business Times UNITED OVERSEAS Bank (UOB) has boon asked to pay the government about $9O million for the right to build its new headquarters UOB Plaza532 words
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85 1990-02-17 19 SESDAQ-LISTED Singatronics Ltd has established a subsidiary in California through its wholly-owned Singatronics Overseas Investment Pte Ltd. The new company. Singatronics Inc, will look after the group's marketing and business development in the United States for its varied products and services. It will also explore85 words
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177 1990-02-17 19 MBT. CARLSBEKti Brewery Malaysia, which has announced a set of good results, is rewarding its shareholders with a one-for-two bonus issue and a special dividend. The company posted a 54.6 per cent jump in group pre-tax profit to M 537.32 million for– MBT. - 177 words
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Article110 1990-02-17 19 Bemama. UMW Holdings Bhd has reported a record group pretax profit of M 5100.87 million (5569.02 million) for the year ended December 1989, an increase of 1.920.2 per cent over the previous year's M 54.99 million. Group managing director Shiew Wan Shing said group turnover increasedBemama. - 110 words
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Article564 1990-02-17 19 Week ended Feb 9. Compiled by Business Times Final results Gross Group net Year to Company dividend profit/loss 000) M Brewery 35 8 (29.9) J73.334 (J64 420) Sept 89 Preliminary results Gross Group pre-tax Year to Company dividend profit/toss (’000) G Securities 7.5 (6.8a) $2,130 ($1,615) Dec 89Compiled by Business Times - 564 words
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356 1990-02-17 19 VALLI SIBRAMONY - VALLI SIBRAMONY. THE growing economic ties between Canada and Singapore has led to the establishment of a business association in Vancouver which will identify opportunities in the two countries and provide contacts to potential investors. This is the Canada Singapore Business Association (CSBA)356 words
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Article350 1990-02-17 19 Current El Book* Oete Total for Total for payment date close payable the year loot year AMFPT l 29»en Jon 4 Feb '5 1 29»en Aieon Fund US i Oe <b) Mor 7 Mot 19 Mot 26 USIOC Avlmo 'S%TE Feb 28 Mot 12 Moy 15 25%re 25%TE350 words
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FORUM
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ON REACTIONS TO PM LEE'S ‘VISIT MALAYSIA’ CALL
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437 1990-02-17 20 I SAY this with regret. As a Malaysian working in Singapore for seven years, I cannot bo silent. And perhaps, only a Malaysian can say this without being misunder- stood. The recent remarks made by Malaysian politicians about Singapore's so-called437 words
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212 1990-02-17 20 IT IS an insult to our Prime Minister for the Malaysian Minister for Culture and Tourism, Datuk Sabbaruddin Chik, to describe as insincere Mr Lee Kuan Yew's call to Singaporeans to visit Malaysia in support of Visit Malaysia Year. Mr magnanimous gesture212 words
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Article214 1990-02-17 20 PR IMF Minister Lee Kuan Yew surprised me with his I.unar New Year call to visit Malaysia. 1 am even more surprised that the Malaysian Minister fot Culture and Tourism, Datuk Sabbarruddin Chik, insulted him by calling him "insincere". It is indeed remarkable that214 words
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113 1990-02-17 20 RECENTLY returned to Europe after teaching for six years in two Singapore schools (St Joseph’s Institution and Crescent Girls School). I found it both a privilege and a pleasure teaching in Singapore and would like to extend my thanks, through your paper, to113 words
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Page 20 Advertisements
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Advertisement142 1990-02-17 20 Us *>»>' v.v 11 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 Weekly142 words
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Advertisement131 1990-02-17 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, doubied-spaced, on one side of the paper. Brevity is an advantage. We do not accept for publication letters from writers who131 words
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Page 21 Advertisements
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Advertisement1449 1990-02-17 21 APPOINTMENTS ■m SCIENCE COUNCIL SINGAPORE The Science Council of Singapore, a Government Statutory Board with both advisory and executive functions, is spearheading national efforts in fostering the growth of R&D. This is done through the Board's 2 core programmes, the promotion and administration of the Research Development Assistance Scheme (RDAS)1,449 words
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Page 22 Advertisements
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Advertisement993 1990-02-17 22 APPOINTMENTS I )uc* to the rapid growth in our Asian business,we are looking for dynamic individuals to join us as: ACCOUNT EXECUTIVES We have 2 positions currently available. One involves the managing of our distribution channels in Singapore (both in Open and Proprietary systems): creating of new channels as well993 words
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TIMESPORT
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Article, Illustration423 1990-02-17 23 JOE DORAI - FAS names new national coach By JOE DORAI ROBIN Chan has been appointed Singapore's soccer coach and he will start work on March 1. The Football Association of Singapore Council on Tuesday night approved a recommendation by a four-member selection panel for Robin, 46, to423 words
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Article407 1990-02-17 23 new his contract. — JOE DORAI - Demand for $B,OOO a month, five-year contract ‘exhorbitant’ new his contract. JOE DORAI. FORMER international striker V. Sundramoorthy will not turn out for Singapore in this season’s SemiPro Division One League and Malaysia Cup competition starting on May 5. This is because the Football Association407 words
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Article731 1990-02-17 23 S GULAM - By S GULAM FOREIGN players, especially the imports from Finland, dominated the centrestage in the first round of the Premier League. Take away Kimmo Tarkkio, Sixten Bostrom and Reijo Linna, and the nation's premier event will lose its glamour and drawing power. The three Finnish731 words
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Article829 1990-02-17 23 ALAN HUBBARD - BOXING by ALAN HUBBARD t Since this article was published in The Straits Times on Tuesday, the World Boxing Council has joined the International Boxing Federation in recognising James “Buster Douglas as the new world heavyweight champion. The World Boxing Association will decide on Feb829 words
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423 1990-02-17 24 KALIMULLAH HASSAN - By KALIMULLAH HASSAN KUALA LUMPUR Deputy Prime Minister Ghafar Baba has said Malaysia did not view Indonesia’s granting of military training facilities to Singapore as a threat. He also dismissed speculation that bilateral relations between Malaysia and Singapore had hit a423 words
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85 1990-02-17 24 KUALA LUMPUR Mr (■hafar Baba said he was not aware of attempts by Singapore to sabotage the Visit Malaysia Year 1990 programme, as alleged by some Malaysian leaders. When asked about Culture and Tourism Minister Datuk Sahbaruddin Chik’s statement last week that85 words
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Article, Illustration1181 1990-02-17 24 S. RAJARATNAM - Open letter to Malaysia’s Culture and Tourism Minister S. RAJARATNAM EXCELLENCY. I am sorry I never had the good fortune to meet you in the days when I too was a budding minister of sorts trying to make my way1,181 words