The Straits Times : Weekly Overseas Edition, 24 February 1990
1990-02-24
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The Straits Times : Weekly Overseas Edition
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Title Section20 1990-02-24 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, FEBRUARY 24, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration1291 1990-02-24 1 BERTHA HENSON - Religious Harmony Bill sent to Select Committee ‘Hard to separate religion from politics? I agree, but let’s give it a try’ says Chok Tong By BERTHA HENSON MR GOH Chok Tong yesterday answered1,291 words
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276 1990-02-24 1 PRIME Minister Ur Kuan Yew Is again suing the president of the American l)ow Jones publishing group and The Asian Wail Street Journal tor libel. The suit is over a Journal report last December on the High Court judgment on his successful libel276 words
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862 1990-02-24 1 SINGAPORE will maintain its defence spending at six per cent of the Gross Domestic Product as the security situation in the region has not changed despite the improvement in super power relations. The Second Defence Minister (Services), Brigadier-General (Res) Lee Hsien Loong,862 words
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Page 1 Advertisements
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Advertisement74 1990-02-24 1 INSIDE Sabotage by Singapore? Let’s not blame others Comment by NST group editor: Page 13 NEWS FOCUS Ghafar's S'pore is sincere' statement ends doubts about ties PAGE 3 HOME NTU to offer 3,000 new places in 1991 PAGE 7 CAUSEWAY S’gor Sultan pardons his daughter and Mentri Besar PAGE 1074 words
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Advertisement9 1990-02-24 1 M I-.OQ* £.'99*5. j a-vst'S Membership Has Its Privileges9 words
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NEWS FOCUS
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432 1990-02-24 2 IRENE NGOO; Kuching (Sarawak - No official embargo on doing business with Viets By IRENE NGOO Kuching (Sarawak) SINGAPORE Foreign Minister Wong Kan Seng has said that the Government cannot stop Singapore businessmen from trading with Vietnam because there is no official trade embargo against432 words
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652 1990-02-24 2 KUCHING A joint communique issued at the close of the two-day Asean-European Community dialogue here last Saturday indirectly condemned the Khmer Rouge for causing the deaths of hundreds of thousands of people during its reign in Cambodia between 1975 and 1979.652 words
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Article, Illustration116 1990-02-24 2 BACHELOR businessman Ted de Ponti (above) who died last Sunday, has left $1.5 million to charity. Mr Ponti, 64, chairman of Pontirep Holdings, a group of investment and trading companies, died of cancer. To continue helping needy students, Mr de Ponti has willed $500,000116 words
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Article68 1990-02-24 2 AFP. JAKARTA Rush-hour drivers in the Indonesian capital will have to carry at least three passengers under government plans to ease the city’s notorious traffic jams, according to press reports here. The Co-ordinating Minister for Political and Security Afalrs, Retired Admiral Sudomo, was quoted as saying that fromAFP. - 68 words
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162 1990-02-24 2 PRIME Minister I.ee Kuan Yew has sent a message to South African black nationalist leader Nelson Mandela, saluting him on his release from prison. He said Mr Mandela’s stature and experience gave him "a unique opportunity to mobilise and unite blacks and whites in162 words
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Article60 1990-02-24 2 Bemama. JOHOR BARU A Malaysian woman gave birth in a car at the Customs terminal here this week while being rushed across the Causeway from her workplace in Singapore. A spokesman for the Sultanah Aminah Hospital said the 20-year-old woman gave birth prematurely to aBemama. - 60 words
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Article, Illustration331 1990-02-24 2 Reuter, AFP. HONGKONG A FORMER government vice squad lawyer in Hongkong was sentenced to 18 months’ jail on a sex charge. Christopher Harris, a former senior crown counsel with the Legal Department, was found guilty of one count of incitement toReuter,; AFP. - 331 words
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163 1990-02-24 2 Reuter. JAKARTA The execution of four communists last week some 20 years after they were sentenced was legally justified, Indonesian Foreign Minister Ali Alatas said. He was speaking to reporters last Saturday after returning from a meeting of senior officials from Asean andReuter. - 163 words
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Article108 1990-02-24 2 KUALA LUMPUR Members of the banned Communist Party of Malaya (CPM) have been given an extra month to lay down their arms, Malaysian army chief General Tan Sri Yaakob Mohamed Zain said. The Sunday Star newspaper quoted the general as saying that the extension108 words
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Article, Illustration753 1990-02-24 3 KUALA LUMPUR Malaysia’s Deputy Prime Minister, Mr Ghafar Baba, dispelled doubts about the solidarity between Malaysia and Singapore when he said he was convinced that Singapore was sincere in wanting to help ensure the success of Visit Malaysia753 words
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286 1990-02-24 3 KUALA LUMPUR Malaysia’s bilateral problems with its neighbours must be resolved through diplomacy, said the Malaysian Armed Forces Chief of Intelligence, Major-General Datuk Raja Abdul Rashid Raja Badiozaman. In an interview with Utusan Malaysia, he acknowledged that Malaysia had problems with286 words
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Article69 1990-02-24 3 A 34-year-old American, wanted in connection with an attempt to cheat a bank in London of US$lO million <S$lB.4 million), was extradited to Britain on Wednesday. He was arrested in Singapore last September at the request of Interpol. He and several others are wanted in connection with an69 words
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Article, Illustration67 1990-02-24 3 Carolyn’s a tough cookie with ‘soft’ hobbies CAROLYN SIM, 19, enjoys knitting and also plays the organ. And like most girls, she loves to dress up for evenings out. This “softer” side of her belies a wholly different picture of another aspect of her life one which also secs her67 words
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Article, Illustration316 1990-02-24 3 Death riddle of Penang tycoon’s son PENANG Architect Jeffrey Yap has filed a suit against millionaire Tan Sri Loh Boon Siew and six others for allegedly conspiring to have him arrested on suspicion of murdering the tycoon’s son, Kah Kheng.316 words
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PARLIAMENT
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Debate on the Maintenance of Religious Harmony Bill
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Article, Illustration751 1990-02-24 4 Jay a: Bill an effective, prompt device to deal with extremists To contemplate legislation after the damage is done will be too late, he tells House THE Bill to maintain religious harmony is an effective and prompt device to deal with religious extremists who could cause great harm to society751 words
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Article, Illustration1007 1990-02-24 4 THE idea that religion and politics should be separated is fine in principle, but just how do you go about doing it in practice? Is the line between them as clear as the Government and its White Paper on1,007 words
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1146 1990-02-24 5 Excerpts from Professor S Jayakumar’s speech dealing with the provisions of the Maintenance of Religious Harmony Bill House told when prohibition orders may be used 4 LET me now turn to the provisions of the Bill. Sir, I do not intend1,146 words
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628 1990-02-24 5 ISLAM may not recognise the separation of religion and politics but it also instructs believers to work for peace and tolerance between different religions, noted two Malay Muslim MPs. It is in this spirit that Muslims should view the628 words
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527 1990-02-24 5 NON-CONSTITUENCY MP Lee Siew Choh said the Maintenance of Religious Harmony Bill was an attempt by the PAP government to contain opposition from younger and bettereducated English-speaking members of religious groups. He claimed the Government was fearful that, if left unchecked, these groups527 words
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Article, Illustration799 1990-02-24 6 Proposed law ‘needed to supplement existing legislation’ THE proposed law on maintaining religious harmony will safeguard rather than curtail freedom of religion in Singapore, the Senior Minister of State for Education Tay Eng Soon argued. He said this was because the799 words
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409 1990-02-24 6 THE proposed Presidential Council for Religious Harmony must be a credible body, whose role and decisions are taken seriously by the Government and people alike. To this end, several MPs called for careful selection of council members and asked that they be given more409 words
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444 1990-02-24 6 SOME Ml’s expressed concern that the Maintenance of Religious Harmony Hill gave the minister-in-eharge absolute power. DK ALINE WONG (Tarnpines GRC) best summed up their concerns when she said that under the Kill, the minister had the absolute power to decide who444 words
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406 1990-02-24 6 WHILE most professionals agreed with the objective and rationale of the proposed legislation to maintain religious harmony, some are worried about certain provisions in the Bill, said Feedback Unit chief S. Chandra Das. Even though he himself supported the Bill, Mr Chandra406 words
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222 1990-02-24 6 HOW will the Government track the activities of religious leaders and religious bodies once the proposed law to ensure religious harmony comes into effect? The question was posed by Mr Loh Meng See (Kampong Glam), who wanted to know whose information the Home Affairs Minister222 words
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HOME
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Article, Illustration850 1990-02-24 7 SANDRA DAVIE; and CHUA CHONG JIN - Tie-up with MTI and other world institutions also planned By SANDRA DAVIE and CHUA CHONG JIN THE Nanyang Technological Institute will offer more than 3,000 new places when it becomes a full-fledged university next year, bringing its student population to 9,800. It850 words
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316 1990-02-24 7 COMPULSORY vocational training may be introduced to ensure that early school leavers are equipped with a skill before they join the workforce. This was revealed by Vocational and Industrial Training Board Director Dr Law Song Seng, who said on Tuesday that the316 words
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101 1990-02-24 7 PRIME Minister Lee Kuan Yew has congratulated Japanese Premier Toshiki Kaifu on his party’s victory in the recent general election. In his congratulatory note released yesterday, he said any change in the Japanese government now amid the dramatic changes in the Soviet Union would101 words
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155 1990-02-24 7 FIVE hundred and eighty-eight Hongkong workers have settled in Singapore since the Government announced its liberalised immigration scheme for skilled workers from the colony last July. This was disclosed in Parliament yesterday by the Senior Minister of State (Home Affairs), Dr Lee Boon Yang,155 words
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Article268 1990-02-24 7 STUDENT intake at the Nanyang Technological Institute has gone from strength to strength since its first batch of engineering undergraduates in 1982. We trace here NTl’s steady growth over the years a trend that has meant more opportunities in tertiary education for Singaporeans: ■1982:268 words
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Article, Illustration314 1990-02-24 7 EMINENT British educationist Lord Dainton said the Education Ministry has taken the right decision to expand the Nanyang Technological Institute but warned that it should not attempt to be a clone of NUS. In his report, Lord Dainton called for314 words
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Article, Illustration631 1990-02-24 8 SERENE LIM - The ‘tough cookie’ girl in Page 3 here’s what she does By SERENE LIM in The Sunday Times BROKEN nails, tough training and parental objection did not stop 19-year-old Carolyn Sim from becoming a woman combat trainer. She was among the first intake of631 words
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272 1990-02-24 8 MALAY pupils have made good progress in major examinations and this shows that their community has the potential to do well academically and economically, Mr Goh Chok Tong said this week. The First Deputy Prime Minister cited these “remarkable improvements"272 words
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82 1990-02-24 8 AN INDIAN classical dancer and an innovative dramatist are among four people who have won the 1989 Cultural Medallion. The four are Mrs Neila Sathyalingam for Dance, Mr Kuo Pao Kun for Drama, Mr Goh Beng Kwan for Visual Art and Mr Foo Tee Jun82 words
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Article141 1990-02-24 8 IN A major drive to stamp oat littering, offenders will soon he required to attend counselling sessions before they are allowed to pay composition fines for the offence. If they fall to attend the sessions, at which they will be told the eonsequenees of141 words
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443 1990-02-24 8 S SUBRAMANIAM - By S SUBRAMANIAM TO MEET the severe shortage of qualified talent here, the Government is leading a major overseas drive to recruit at least 200 fresh Singaporean and Asian graduates from the United States. The two-week mission, leaving on Monday, will cover443 words
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241 1990-02-24 8 SPEAKER of Parliament Mr Tan Soo Khoon had his red Jaguar scratched and its left tyre punctured after he refused to let a man park it for him on Lunar New Year’s Eve. On Tuesday, a district court sentenced lorry driver Oon Joo241 words
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Article, Illustration812 1990-02-24 9 CHENG SHOONG TAT - Judgment reserved in AWSJ contempt of court case I Reports by CHENG SHOONG TAT ATTORNEY-GEN-ERAL Tan Boon Teik on Thursday urged the High Court not to follow the recent shift in Britain in favour of the freedom of speech at the812 words
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Article, Illustration565 1990-02-24 9 IN his opening address at the first day’s hearing, Mr Tan Boon Teik submitted that there was no need to prove that a person has a specific intention to scandalise the judiciary before he can be found guilty of contempt of court.565 words
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Article, Illustration566 1990-02-24 9 Case for the defence AN HONEST criticism of the judiciary cannot amount to a contempt of court if it poses no serious risk to the administration of justice, Queen’s Counsel Geoffrey Robertson contended. Defending the Asian Wall Street Journal, he said566 words
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278 1990-02-24 9 THE meaning of the word “unwarranted” was an Issue during the second day’s hearing of the contempt of court proceedings against the Asian Wail Street Journal. The question was, what exactly did Dow Jones president Peter Kann mean when he used the word in commenting278 words
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across the CAUSEWAY
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Article, Illustration607 1990-02-24 10 ISMAIL KASSIM - Electoral pact sealed at joint rally in Penang By ISMAIL KASSIM PENANG The Spirit of 'l6 and the Democratic Action Party sealed their electoral pact at a joint rally on Saturday night by reaffirming the need to adopt a multi-racial607 words
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63 1990-02-24 10 NST. PASIR (it DANG Deputy Prime Minister Ghafar Baba said an announeement on the furthcoming general election would he made soon. Warning agaianst an oppositionm victory, he says: ‘Developments will he affected if the opposition wins. A coalition government will he very unstable asNST. - 63 words
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264 1990-02-24 10 NST. KUALA LUMPUR The chief of the Royal Malaysian Navy has said that there was no malpractice in the purchase of spare parts and that he was prepared to face the Cabinet Committee on Malpractices to rebut the allegations. Vice-Admiral Tan SriNST. - 264 words
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Article, Illustration346 1990-02-24 10 Reuter KUALA LUMPUR Maj laysia has protested to Britain over an allegation by Prince Charles that i "collective genocide" was being waged against a no- madic tribe on Borneo island, Prime Minister Datuk Seri Dr Mahathir Mohamad said on Thursi day. He toldReuter - 346 words
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Article127 1990-02-24 10 Bernam; PENANG The Chief Minister of Penang, Dr Lim Chong Eu, has said that his successor need not necessarily be a Chinese. “The racial factor should not be the yardstick because what is most important is his ability to administer and manage the state governmentBernam; - 127 words
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Article, Illustration371 1990-02-24 10 Bernama, AFP. Kim Sai is forgiven, too, and will get his title back KUALA LUMPUR The Sultan nt Selangor has forgiven his (laughter, I’rineess Zuhariah, for marrying Mentri Besar Tan Sri Muhammad llaji Muhammad Taih without his knowledge and consent. lie announced atBernama,; AFP. - 371 words
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CAUSEWAY/ASEAN
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Article, Illustration493 1990-02-24 11 KALIMULLAH HASSAN - An ‘innocent decision’ says Solicitor-General By KALIMULLAH HASSAN KUALA LUMPUR Solic-itor-General Datuk Abdul Aziz Mohamed has said that he would not take action against the AttorneyGeneral for advising the police to destroy 11 pornographic video-tapes and 2,000 photographs belonging493 words
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257 1990-02-24 11 ceptable,” he said. KALIMI LLAH HASSAN - ceptable,” he said. KALIMI LLAH HASSAN. KUALA LUMPUR The headmaster of a religious school in Kelantan caned eight students five of them girls and suspended another for two weeks for watching and taking part in a Kelantanese cultural performance in Kota257 words
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108 1990-02-24 11 AFP. JAKARTA The Bandung local authorities, determined to rid the city of any un-Indonesian influence, have slapped a ban on Chinese characters and traditional statues, press reports said here. A recent circular issued by the municipal secretary stated that Chinese characters in any formAFP. - 108 words
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Article, Illustration1296 1990-02-24 11 The Philippine government recently raised the bounty for fugitive military rebel Gregorio Honasan to 5 million pesos (about S$400,000) in its continuing effort to round up rebels involved in last December’s coup. However, those captured so far have shown little sign of1,296 words
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COMMENT/ Pick of the week’s editorials
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Article648 1990-02-24 12 FEB 24, 1990 IT SEEMS obvious why, on his recent trip to Asia, US Defence Secretary Dick Cheney chose to visit South Korea. Japan and the Philippines. These countries are where the bulk of US defence expenditure in Asia is committed. Coming in the wake of648 words
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Article627 1990-02-24 12 FEB 22, 1990 THE officials in charge of Singapore's vocational education clearly do not believe in resting on their laurels. In its annual report for 1988 89. the Vocational and Industrial Training Board disclosed that its full-time enrolment. averaging over 17.000 students, had hit an all-time627 words
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Article610 1990-02-24 12 FEB 19. 1990 THE proposed upgrading of teacher training which the Education Ministry announced last week will affect the lot, not just of teachers, but also that of future generations of students. Among the major changes that will be made are the proposals to enlist graduates610 words
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766 1990-02-24 12 GOODBYE AS INDICATED last Saturday, this piece today is my last Down Memory Lane column. And so, it is time to bid goodbye to readers everywhere. To wind up, if I may in all modesty say, this is the longest-running column in766 words
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Article120 1990-02-24 12 “When the people see me swimming they know that I am physically fit, and when they hear of me playing bridge they know I am mentally fit.” Deng Xiaoping, China’s paramount leader on the game of bridge. “Speaking for myself I couldn’t have stood three months’ campaigning. We120 words
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COMMENT/ Perspective
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1637 1990-02-24 13 Allegations by two Malaysian ministers that Singapore is undermining Visit Malaysia Year ’9O are examined by A KADIR JASIN, Group Editor of Malaysia’s New Straits Times, in a commentary published last Friday. The commentary headlined ‘Attack on Singapore: Time for commonsense’ is1,637 words
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630 1990-02-24 13 WILLIAM BRENT - By WILLIAM BRENT AFP. Hongkong in the years after gaining independence from Britain in 1947. thousands of Indians renounced their nationality to help build this colony into Asia’s economic pearl. Many now regret their decision. About a quarter of the– AFP. - 630 words
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TIME$
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Article, Illustration516 1990-02-24 14 S SUBRAMANIAM - Domestic exports by local firms the star performer By S SUBRAMANIAM SINGAPORE’S total trade last year hit a record $lB4 billion with both exports and imports up 10 per cent from 1988, outperforming the 7 per cent growth in globalTiniNgraptaet by ALFRED EICIERTO - 516 words
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Article207 1990-02-24 14 N'ST. KUALA LUMPUR Banker Datuk Malek Merican has surprised the corporate sector by quitting as vice-chairman of Malayan United Industries Bhd (MUI) after only three months. Datuk Malek, who took up his post on Nov 17 last year, has cited "his differing perceptions on– N'ST. - 207 words
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Article149 1990-02-24 14 COUNTER RATES Singapore dollars to ona unit ot foraign currency Buying OD Selling US dollar 1 8470 1 8690 Sterling pound 3.1480 3.2081 Australian dollar 1.3946 1 4354 Canadian dollar 1.5371 1 5686 NZ dollar 1 0783 1.1130 Singapore dollars to 100 units ot foreign currency Austrian schilling149 words
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481 1990-02-24 14 LUM Chang Holdings is taking over listed Eu Yan San Holdings in a deal which could eventually cost the construction and property developing group over $5O million. In an announcement late last week, Lum Chang said it is buying481 words
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487 1990-02-24 14 AMY BALAN - AMY BALAN in Business Times IN ITS latest crackdown on insider trading, the Registrar of Companies in Malaysia has ordered all stockbroking firms in the country to reveal the identity of buyers who had bought into United Engineers (Malaysia)487 words
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Article120 1990-02-24 14 OVERSEAS Union Securities Ltd, the close-end investment trust company associated with Overseas Union Bank, has reported a 38.1-per cent jump in pre-tax profit to $3.22 million. Its net tangible assets backing per sl-share (NTA), the measure used by such companies to gauge their performance, has120 words
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Article, Illustration573 1990-02-24 15 WALTON MORAIS Talks at air show with EDB on sub-contracts for local companies THE advances that Singapore's aerospace industry has made came into sharp focus on the third day of the Asian Aerospace show last week. This followed million-dol-lar investment announcements573 words
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343 1990-02-24 15 ICI to set up AsiaPacific HQ in Republic GENEVIEVE CUA UK-BASED chemical giant Imperial Chemical Industries (ICI) is setting up its Asia-Pacific headquarters in Singapore. ICl's chief executive officer (Asia-Pacific). Dr Bill Madden, is currently putting together a core group of around 20 which will be charged with mapping out343 words
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212 1990-02-24 15 THE United Overseas Bank (UOB) group this week announced a new management structure which does away with the posts of vice-chairman and deputy chairman. The new line-up follows the recent promotion of Mr Ernest Wong Yuen Weng to president and Mr Wee Ee Cheong to212 words
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515 1990-02-24 15 AMY BALAN IN A MOVE that could s|k*ll the end of Promet's involvement in the development of Langkawi, the Kedah government has started action to repossess the marine engineering and construction group's extensive land bank on the island.515 words
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Article258 1990-02-24 15 Manager's prices for February 24 and 26 Singapore Unit Trust The Commerce 1.31—1 38 The Savings fund 1.13-120 Spore Prog Fund 0 49 -0.53 S pore Sec Fund 0 83-0 88 S pore Invest Fund 0 89 -0 94 S pore Fquity Fund 060-0 64 Asia Unit Trust258 words
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Article3193 1990-02-24 16 SECTION ONE TRANSACTION DATE: FEBRUARY 23, 1990 Gf’s Qr’s iaao Tel Laat Vet Day Last Quote Olv Dhr Y’ld Net M Cap High Low Cod* Company Sal* war- ('000) High Low Buyer Seller C’VT P/E Smll INDUSTRIAL COMMERCIAL 244 111 1000 Acma 207 -3 93 210 2003,193 words
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Weekly sharemarket review
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Article838 1990-02-24 17 TOKYO'S two-day plunge of 2.000 points on Wednesday and yesterday hit the Singapore market, although not as badly as some feared thanks again to the local bourse’s resilience. In the same two days, the ST Industrials Index was able to hold its losses to 64.54 points (50.98838 words
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Article1844 1990-02-24 17 TRANSACTION DATE: FEBRUARY 23 *****90 T#l Lad High Low Coda Company Saia orHONGKONG STOCKS 1000 960 1739 Chaung Kong 1000 1990 Vol Day (000) High Low Last Quote Buyer Seller 785 715 1341 HongkongBank 745 -10 41 2 750 745 730 745 1218 Hutchinson 1738 Hysan Dev 12171,844 words
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Article192 1990-02-24 17 ST Industrials Index THE Straits Times Industrials Index dropped 35.8 points on the week to 1,548.97 points. Day-to-day indlees: MONDAY: 1,593.33 points (up 8.15); 299.98m units (valued at S333.44m); TUESDAY: 1,595.4 (up 2.17); 234.15m units ($353.52m); WEDNESDAY: 1,544.42 (down 59.98); 239.77m units (Ml 1.32m); Till KSDAY: 1,5(52.53192 words
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Article689 1990-02-24 17 29 •Ml >• Amov Properties 255 -0 10 Allies Ovc'sea* 0 89 -0 02 Asia Sec Inl'l 2 10 -0 076 Asia Sec War 91 0 41 Allied TW 093 005 Bond Corp Ini'! 1 82 -0 05 Bond Corp Wa' 91 ou -0 04 Bank of EA 14689 words
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Article, Illustration766 1990-02-24 18 ANNA TEO - Left unchecked, it could lead to recession, they say By ANNA TEO in Business Times WORRIED BY the trend of rising business costs resulting from various recent and scheduled operational hikes, business groups have renewed their call to watch Singapore’s competitiveness. Left766 words
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586 1990-02-24 18 KOH BEE ANN - By KOH BEE ANN ASSET trader United Industrial Corporation has further increased its holding in Singapore Land, leaving no doubts that the premier property group is clearly its quarry. An announcement from Sing Land yesterday said LTC, through586 words
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618 1990-02-24 18 KUALA LUMPUR less competitive. Bernama. WITH the Malaysian ringgit at a historic low against the Singapore dollar, opinion among economists is divided about the effect this will have on Malaysia. They said that while a strong Singapore dollar could add to Malaysia’sless competitive. Bernama. - 618 words
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318 1990-02-24 18 DOREEN SIOW - By DOREEN SIOW UNITED Industrial Securities Ltd (UIS), the closed-end investment trust backed by the United Overseas Bank group, has reported a 22-per cent rise in pre-tax profit and is proposing a l-for-2 rights issue with warrants. A UIS statement on318 words
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460 1990-02-24 19 SOH TIANG KENG - Ideas sought on how best to privatise statutory board By SOH TIANG KENG in Business Times IN ITS first step towards a stork exchange listing. Singapore Telecom has invited six banks and throe management consultants to submit proposals on how best to460 words
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384 1990-02-24 19 ELAINE KOH satisfactory. Business Times. CIGARETTE manufacturer Rothmans (Malaysia) has reported another dou-ble-digit growth in earnings. with after-tax profit rising 69 per cent to M 572.09 million for the interim period ended Dec 31, 1989. This the group attributed to itssatisfactory. Business Times. - 384 words
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178 1990-02-24 19 Bernama BANK Bumiputra Malaysia Bhd (BBMB) executive chairman Tan Sri Basir Ismail is retiring from his post and will be succeeded by accountant Datuk Hanafiah Hussain. Malaysian Finance Minister Datuk Paduka Daim Zainuddin announced in Kuala Lumpur last week. Datuk PadukaBernama - 178 words
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100 1990-02-24 19 CLOB International, which has met with encouraging success since its launch on Jan 2, will be expanded to include seven more counters from March 1 six from Hongkong and one from the Philippines. The six Hongkong stocks are Cathay Pacific. Hong Kong100 words
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133 1990-02-24 19 Bernama. KUALA LUMPUR In what could turn out to he a close image of Singapore’s Clob International, the Malaysian Investors’ Association has suggested that Malaysia set up an over-the-counter (OTC) market for foreign shares. Mr IMI.K. Urn, president of the association, saidBernama. - 133 words
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Article290 1990-02-24 19 Curront Ci Book! Opto Tobol tor Tobol tor p^rmom d«f« dOM poyobto Pi# poor tool *oor Axon Fund US'0*161 Mo- 7 «no- i* Mo- 26 US'Oc Avimo '5%T| »#t> 28 Mo 12 Mo. 15 25%Tf 25%Tf lonfo >0%lbl »•5 5 fob 15 Mo- 8 io% '0% Bo-ioyo Corpn290 words
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Article407 1990-02-24 19 Week ended Feb 16. Compiled by Business Times. Preliminary results Gross Group pre tai Tear lo Company dividend profit/loss 000) Apollo Ent 52.187 L (J3.532L) Dec 89 CASH MS3S7L ($221) Aug 89 Interim results Interim Group pre-tax Half Year to Company dividend profit/loss 000) C I Holdings MJ9.383Compiled by Business Times. - 407 words
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253 1990-02-24 19 STEAMERS Maritime Holdings Ltd has comfortably sailed past its profit forecast for its maiden year as a listed company with a good set of results. For the year ended last Dec 31, the shipping and distribution group turned in a pre-tax profit of253 words
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FORUM
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924 1990-02-24 20 On the proposed religious harmony legislation I REFER to the report entitled “Christian group to express reservations to Select Committee” (ST, Feb 8). The discussion shows that the prevailing sentiment among Christians is that it is impossible to draw a924 words
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132 1990-02-24 20 I REFER to the letter "No passport extension for son of emigrant” by Mr Wee Cheng Lock (ST, Feb 6). Singapore citizens above the age of 11, who want to remain overseas for other than social visits, are required to furnish132 words
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Page 20 Advertisements
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Advertisement148 1990-02-24 20 .5 m m W m v.: 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 Straits148 words
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Advertisement132 1990-02-24 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 from writers who132 words
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Page 21 Advertisements
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Advertisement1229 1990-02-24 21 APPOINTMENTS A conglomerate in consumer electronics and communication equipments is setting up (a Thailand factory) which require the Singapore Regional Office to oversee in areas of: technical support, R D, international procurement and distribution. To ensure the success of this scheme; a team of professionals need to be recruited to1,229 words
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Page 22 Advertisements
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Advertisement1025 1990-02-24 22 APPOINTMENTS Sembawang Projects Engineering A fast expanding company specialising in onshore plant engineering and construction invites applications from suitably qualified and experienced personnel to fill fhe following positions:* PROJECT MANAGERS Degree in any Engineering discipline (preferably Mechanical) with minimum of 6 years experience in project management and supervision of turnkey1,025 words
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TIMESPORT
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Article, Illustration394 1990-02-24 23 PETER KHOO - Month’s training-cum-competition stint in Britain By PETER KHOO TEENAGE snooker ace Alvin Loh will play against some of the world's best pro-am players and meet his idol Stephen Hendry when he embarks on a one-month training-cum-competition stint in Britain from March 1. The394 words
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Article259 1990-02-24 23 PREMIER LEAGUE SOCCER FAVOURITES Geylang International edged closer to retaining the Premier league title with their seventh consecutive win last weekend. The champions easily defeated Police Sports Association 3-0 a repeat of their first round win. The seven wins in a row is259 words
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433 1990-02-24 23 MATCH HIGHLIGHTS SATURDAY Geylang International 3 Police SA 0 The lawmen, who have improved steadily over the last three games, put up a strong fight in the first half, but they crumbled once defender Lim Tong Hai opened the scoring for Geylang six433 words
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Article76 1990-02-24 23 STANDINGS P w D L F A Pts Geylang 8 7 1 0 22 3 15 Jurong 8 6 1 1 18 1 13 T. Bahru 9 5 3 1 18 U 13 Police 9 3 1 5 11 11 7 Balestier 8 2 2 4 9 176 words
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Article197 1990-02-24 23 FORMER Singapore international V. Sundramoorthy has returned to Switzerland to resume his soccer career. But first, he has to have an operation on an injured knee. Sundramoorthy, who left this week, had spent 18 months with Second Division club FC Basle before returning to Singapore last197 words
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Article, Illustration584 1990-02-24 23 JOE DORAI - OBITUARY by JOE DORAI RAHMIN OMAR, one of Singapore's soccer greats of the 50s and early 60s. died of a heart attack in Kuala Lumpur on Monday. He was 56. Memories of Rahim Omar's many soccer feats, which spanned two decades,584 words
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Article, Illustration328 1990-02-24 24 PRIME Minister Lee Kuan Yew received an award this week from a Rome-based foundation for his contributions to progress in Singapore and the region. He was named a Man For Peace by the Together For Peace Foundation and received a328 words
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Article130 1990-02-24 24 KUALA LUMPUR Malaysia’s Deputy Speaker of Parliament, Mr D.P. Vijandran, accused by opposition leaders of acting in pornographic videotapes, has agreed to step down. The Minister of Energy, Telecommunications and Posts, Datuk S. Sarny Vellu, said Mr Vijandran had tele- phoned him from overseas to130 words
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441 1990-02-24 24 THE Government has no plans to vary or shorten the length of National Service, as Singapore needs a standing force to deter potential threats, BrigadierGeneral (Res) Lee Hsien Loong told Parliament. He said national servicemen formed the bulk441 words