The Straits Times : Weekly Overseas Edition, 17 March 1990
1990-03-17
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The Straits Times : Weekly Overseas Edition
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Title Section20 1990-03-17 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, MARCH 17, 1990 Pnce: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration794 1990-03-17 1 Sumiko Tan - By Sumiko Tan LEGISLATION for an elected President will he introduced in Parliament later this year, Mr Goh Chok Tong said on Wednesday. The First Deputy Prime Minister ruled out a referendum on the issue, but assured Parliament that there would be a794 words
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Article, Illustration105 1990-03-17 1 A MAJOR explosion and a flash fire in the bow of Norweigan-registered supertanker Happy Traveller anchored off Changi killed four men, three Singaporeans and a Pole. One of the injured, Mr Seng Fook Yew, 23, said he saw sparks “flying off” some pipes which were being105 words
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Article, Illustration813 1990-03-17 1 Mary Kwang - By Mary Kwang A STRATEGIC economic plan for Singapore will be developed by the end of next year, comprising a medium-term policy for the 1990 s as well as a lon-ger-term strategy to achieve developed-coun-try status. The medium-term policy will address the813 words
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Page 1 Advertisements
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Advertisement23 1990-03-17 1 No referendum; dialogues, feedback sessions will be held Select Committee will study issue, consider good proposals More debate on the Budget: Pages 4-823 words
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Advertisement62 1990-03-17 1 INSIDE PM’s interview with HK-based magazine Page 9 NEWS FOCUS Chok Tong calls for return to rugged society PAGE 2 HOME EDB to set up Republic’s first fashion school PAGE 4 MALAYSIA Sultan forgives MB and Labour Minister PAGE 13 MONEY PAGES 15-20 I FORUM PAGE 21 SPORTS Crowd violence62 words
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Advertisement12 1990-03-17 1 mmmamfQpmpsß ‘-’■•-0999:1 Bin t i ;’iM(i. iirtpt t Membership Hus Its Privileges12 words
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NEWS FOCUS
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595 1990-03-17 2 IDPM wants to reverse obesity trend in pupils, NS men MORE Singaporeans are becoming flabby and if this trend is left unchecked. it will have adverse-long-term consequences for the nation as a whole, and the Singapore Armed Forces in particular. This595 words
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543 1990-03-17 2 Serene Lim - By Serene Lim SINGAPORE surgeons used a laser and video method to remove the gall bladder of a patient suffering from gallstones in a first-of-lts-Wnd operation in the region recently. I nlike operations done the conventional way, this method, carried543 words
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483 1990-03-17 2 TWO Hongkong nationals were sentenced to death by the High Court yesterday for smuggling into Singapore over 2 kg of heroin worth more than $4 million. Raymond Ko Mun Cheung. 24, a labourer, and An Man Keny Chiu Sum Hing, 30, unemployed.483 words
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688 1990-03-17 2 S’pore’s interests ‘must he kept steadfastly in view’ a "PERSUASIVE" United States presence in South-east Asia is needed to avoid a power vacuum that others will scramble to fill. Brigadier-General (Res) Lee Hsien I,oong has said. American presence has been a688 words
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Article, Illustration1214 1990-03-17 3 FORMER Senior Minister S. Rajaratnam last night sounded a warning against the direction Singaporeans are moving in their search for roots, saying it could lead to Singapore joining the ranks of countries riven by ethnic conflicts. Speaking at the London School of Economics1,214 words
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Article, Illustration695 1990-03-17 3 The Editor’s reply AS AN ex-editorial writer, Mr Rajaratnam must have understood that the editorial of a newspaper represents the collective view of the newspaper, not that of any particular editorial writer who happens to pen the essay. The Jan 27695 words
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BUDGET DEBATE
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Article, Illustration793 1990-03-17 4 Bertha Henson - By Bertha Henson THE good nows in the 1990 91 Budget drew much praise in Parliament on Monday for its tax rebates, increased personal reliefs and incentives for business. It also drew some concern. Noting that793 words
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346 1990-03-17 4 Opposition's Rip van Winkle robes POLICIES that effect massive transfers of wealth from the rich to the poor will result in everyone becoming equally poor, Finance Minister Richarr Hu has said. These policies, which are now being discarded wholesale by the Flast European346 words
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Article, Illustration800 1990-03-17 5 Finance Minister Richard Hu took 40 minutes on Tuesday to reply to the various points raised by 23 MPs over two days of debate on his 1990/91 Budget Statement. He dealt with the criticisms of the two opposition MPs before focusing800 words
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525 1990-03-17 5 A SHORTER period of National Service may erode confidence in Singapore and affect economic growth, Brigadier-General (Reservist) Lee Hsien Loong has said. Thus is because the reduced security resulting from this could cause the manufacturing and financial sectors to shrink525 words
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Article, Illustration230 1990-03-17 5 CONTRARY to what some national servicemen may feel that a lot of time is wasted in the army training exercises being done over and over again are not a waste of time, BG Lee Hsien Loong said on Wednesday. The repetition of exercise drills230 words
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302 1990-03-17 5 MINDEF has decided to extend the validity of passports of reservists to two years from June 1 when the Immigration Department computerises its immigration procedures, B(i I„ee announced on Wednesday. To applause from the House, he added that If the new system worked302 words
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799 1990-03-17 6 Tan Sai Siong - FROM THE GALLERY By Tan Sai Siong IF ANYONE still has doubts that Singapore is wealthy and middle class, then spending a day like Thursday in the gallery while Parliament was in session would set those doubts to rest. Solid799 words
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Article798 1990-03-17 6 Plans also to make public transport more attractive NATIONAL Development Minister S. Dhanabalan has unveiled the Government's blueprint to expand and improve Singapore’s road network. In th" pipeline are underground roads in the city, more viaducts in out-lying areas, wider expressways, a new type of roads798 words
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231 1990-03-17 6 PLANS are afoot to develop the (hangi Point area into a comprehensive seaside resort, complete with a wide hand of sandy beaches, marine recreation and sea sports facilities. It also includes the transformation of the areu around hangi Village and hangi Creek into231 words
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447 1990-03-17 6 BIGGER and better roads, more tunnels and viaducts, and computerised flow of traffic. Motorists, who had first heard of these plans from First Deputy Prime Minister Goh Chok Tong early this month, now know where and when they would be built,447 words
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166 1990-03-17 6 DEVELOPERS and building owners will soon be allowed to have fewer carpark lots in their buildings. Mr S. Dhanabalan announced. Details of the changes in the rules, which specify the minimum number of carpark lots to be provided in buildings, will be released166 words
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155 1990-03-17 6 MORE golfing greens are in the offing. To cater to the growing popularity of the game and to optimise land use at the same time, the National Development Ministry is studying several sites for potential use as golf courses. Announcing this on155 words
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Article, Illustration328 1990-03-17 7 THE Nanyang Technological University will be Singapore’s second university, but it will not be a poor cousin to the National I'niversity of Singapore, like the previous Nanyang I’niversity was. The Minister for Education, Dr Tony Tan, gave this assurance in Parliament on Thursday328 words
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Article, Illustration321 1990-03-17 7 THE expressive arts departments at the National Institute of Education will serve as the "embryos” from which a school for the aesthetics arts will eventually develop at the new Nanyang Technological University. The proposed school will train not only321 words
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Article, Illustration499 1990-03-17 7 Dr Tay allays fears fewer students might choose poly with expansion of universities ABOUT 16,000 O level school-leavers have picked a polytechnic education this year as the first choice for continuing their education. They will compete for only 8,700 places in the499 words
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411 1990-03-17 7 THERE will be no lowering of academic standards despite the expected increase in university intake with the establishment of the second university here. The Minister for Education, Dr Tony Tan. said this in Parliament on Thursday when addressing the411 words
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510 1990-03-17 7 THE Government should allow very good students to major in two fields of study in university in order to produce more versatile graduates, Dr Tan Cheng Bock (Ayer Rajah) said on Thursday. He pointed out that510 words
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Article812 1990-03-17 8 Chow Chee Sun - Government may set up centre to tackle difficulties; problem is not just mother tongue, says Dr Tony Tan By Chow Chee Sun SINGAPOREANS should not equate bilingualism with only the study of the mother tongue. It is the study of English as well as the mother tongue.812 words
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450 1990-03-17 8 THE Education Ministry knows about the problems facing some students taking Chinese as a second language (CL2) and is constantly trying to find ways to make its study more interesting. Education Minister Dr Tony Tan said in Parliament yesterday. He was sympathetic450 words
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Article, Illustration374 1990-03-17 8 Prom nights: Must they be so lavish? JUNIOR college students who celebrate the end of their school days deserve to let their hair down, said Senior Minister of State (Education) Tay Eng Soon. And if they chose to do it in style these374 words
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191 1990-03-17 8 ABOUT 200,000 Singaporeans are already taking up adult education courses to improve themselves, Dr Tay Eng Soon said yesterday. The Senior Minister of State (Education) disclosed this in a reply to Mr Yatiman Yusof (Tampines GRC) who wanted to know whether there were191 words
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HOME
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346 1990-03-17 4 SINGAPORE'S first international fashion school is also a first for the Economic Development Board. It is the debut project of the board's newly-formed Creative Services Strategic Business Unit (SBU). Negotiations for the fashion school project took about a year. EDB deputy director346 words
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134 1990-03-17 4 – Foo Choy Peng - Foo Choy Peng. HONGKONG Golden Harvest, the Hongkong movie group behind the legendary kungfu star. Bruce Lee. has received the go-ahead from the Singapore Government for its plans to build a “multiplex" cinema theatre in Yishun new town. The group will soon134 words
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468 1990-03-17 9 THE task ahead for Singapore is to ensure its survival as an island eity-state without a hinterland and to sueeeed under ever-ehanging international eonditions, Prime Minister Lee Kuan Yew has said. Another ehailenge was to get a younger generation which had not468 words
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734 1990-03-17 9 PRIME Minister Lee Kuan Yew expects a narrowing of the gap between China and Taiwan over the longer term when the modernisation of China is “well under way”. “They will complement each other as time goes on,” he said, citing734 words
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Article, Illustration901 1990-03-17 9 The task: Forging new nationality without losing cultural identities Prime Minister’s interview with Hongkong-based news magazine Yazhou Zhoukan PRLME Minister I>ee Kuan Yew has told a Hongkongbased news magazine in an interview that being ethnic Chinese was “not an unmixed blessing” for him.901 words
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Article, Illustration1524 1990-03-17 10 If Singapore aims to be the region’s premier arts centre, the time is right to start wooing talented Hongkongers here, says Christine Khor.who attended the recent Hongkong Arts Festival. SINGAPORE is set to be Asia's showpiece city and cultural capital by 2000. By virtue1,524 words
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SNIPPETS
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Article78 1990-03-17 4 SINGAPORE is going all out to sell itself at the Osaka Expo through a miniature tropical paradise complete with singing birds and exotic flowers. Its square metre exhibit at the Japanese horticultural show, which opens next month, will have among other things a walk-in aviary like78 words
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Article121 1990-03-17 4 SINGAPORE lounge hostess and a newspaper vendor were charged in a district court on Wednesday with engaging in an obscene act on a bridge at Macßitchie Reservoir. Pua Gim Poh. 31, and Zaibiah binti Arshart. 21. were said to have committed the offence at about 6.30121 words
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Article65 1990-03-17 4 THE total number of outgoing International Direct Dialling (IDD) calls made last year increased by 35 per cent to reach a record 59 million. On a per capita basis, this works out to about 22 overseas calls per person the highest in the world. Singapore Telecom said65 words
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Article62 1990-03-17 4 RESIDENTS living in three towns Choa Chu Kang. Bukit Gombak and Bukit Batok are enjoying an exclusive MRT "shuttle sen-ice” with the opening last Saturday of an MRT branch line. This branch, known as the Bukit line, which connects the three towns, takes them directly to62 words
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COMMENT
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Article404 1990-03-17 11 Impressive parliamentary debate The debate on the Bill to allow for Nominated Members of Parliament stood out, for many, as an impressive parliamentary debate. “The debate showed that there ean be frank debate, especially from the Government Parliamentary Committees, and that Government would take views in its stride.”404 words
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521 1990-03-17 11 DR ARTHUR Beng stood out during the parliamentary debate on the Nominated MPs Bill last November not least because he was the sole MP to ask that the party Whip be lifted. He described the Whip as a constraint and something which forced521 words
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Article, Illustration1285 1990-03-17 11 The Seventh Parliament, elected in 1988, began its second annual marathon debate on the Budget on Monday. Who and what stood out in Parliament over the past year? Bertha Henson, Sumiko Tan and M. Nirmala of the Political Desk asked MPs1,285 words
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COMMENT/ Pick of the week’s editorials
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Article654 1990-03-17 12 MARCH 16, 1990 THE Government will be setting up a high-pow-ered committee to look into how reservists could be given more recognition and rewards for their contribution and sacrifices. Coming amid increasingly louder rumblings from reservists on this score, the decision is a timely one. Appropriate654 words
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Article659 1990-03-17 12 MARCH 14. 1990 THE Seventh Parliament of this Republic began last year with Mr Goh Chok Tong asserting his authority in no uncertain terms as the Prime Minister-to-be. I am the do facto leader of establishment, the First Deputy Prime Minister told the MPs assembled,659 words
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Article685 1990-03-17 12 MARCH 17. 1990 THE collapse of Israel’s 15-month-old coalition government under rightist Likud Prime Minister Yitzhak Shamir is the first such defeat since the state was created 42 years ago. Following a no-confidence motion tabled by the labour party, the defeat has put on hold685 words
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654 1990-03-17 12 TAN SAI SONG - Viewpoint Si TAN SAI SONG Recently, the MP for Siglap, Mr Abdullah Tarmugi, gave what I consider to be a most candid interview to The Straits Times on a very sensitive subject (Overseas Edition. March 10). He spoke of the654 words
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Article133 1990-03-17 12 “II you and I were to be stranded after a jumbo jet emergency landing in Timbuotoo, in Mall, it will take too long to explain to the Malians that you are a Hongkonger and I am a Singaporean. It’s too complicated. They will just look at the two of133 words
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MALAYSIA
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Article, Illustration157 1990-03-17 13 Time to start anew, says S’gor ruler FRIENDS again... the Sultan of Selangor (above, eentre) with Mentri Besar Tan Sri Muhammad bin Muhammad Taib (left) and labour Minister Datuk Lee Kim Sai at the state palace in Klang. The Sultan granted separate audiences toNBT picture. - 157 words
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326 1990-03-17 13 Ismail Kassim - By Ismail Kassim KUALA LUMPUR The MP for Johor Baru, Datuk Shahrir Abdul Samad, has dismissed the claims of Tourism and Culture Minister Datuk Sabbaruddin Chik that the half-tank rule imposed by Singapore had adversely affected the flow of visitors from the Republic.326 words
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203 1990-03-17 13 KUALA LUMPUR The Malaysian Government will set up a special Msl2o million fund offering low-interest loans for tourism-related projects. Finance Minister Datuk Paduka Daim Zainuddin said last Saturday that the fund could be utilised for tourism related projects such as the203 words
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464 1990-03-17 13 Kalimullah; Hassan - By Kalimullah Hassan IPOH Prime Minister Datuk Seri Dr Mahathir Mohamad has told the Malays that peace and stability in Malaysia could only be achieved through sharing power with other races. He said that while the Malays formed the majority in the464 words
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Article, Illustration628 1990-03-17 13 from Indonesia. Kalimullah Hassan - Chok Tong’s visit helped ties Mahathir from Indonesia. Kalimullah Hassan. IPOH Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad has said that last week’s visit by Singapore’s First Deputy Prime Minister Goh Chok Tong helped improve Malaysia-Singapore ties further. “Our relationship is okay. Of course, we do face some problems628 words
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Article, Illustration417 1990-03-17 14 Bernama KUALA LUMPUR Education Minister Anwar Ibrahim has defended the policy of appointing deans in the University of Malaya on the basis of merit and not race. “Opportunities for all qualified staff to be promoted irrespective of their race are provided forBernama - 417 words
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Article, Illustration272 1990-03-17 14 Hands-off policy ‘benefited ringgit’ Daim KUALA LUMPUR Malaysia has benefited from the government’s policy of not interfering with the fluctuations of the Malaysian ringgit against the Singapore dollar. Finance Minister Datuk Paduka Daim Zainuddin said. He was quoted by Berita Harian in Malaysia as saying that the policy helped to272 words
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Article353 1990-03-17 14 Bright ones can advance without being held back by weaker schoolmates KUALA LUMPUR Malaysia will make changes in its education system to allow pupils to study according to their learning abilities, the Sunday Star newspaper said on Monday. It quoted Education Minister Anwar Ibrahim as saying353 words
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99 1990-03-17 14 KUALA LUMPUR Sixteen companies linked to businessmen are under investigation for alleged tax evasion, the Deputy Direc-tor-General of the Inland Revenue Department, Datuk Ahu Kakar Mohamad, has disclosed. He said last Friday that one company, which he did not name, was believed to99 words
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ASEAN
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Article, Illustration567 1990-03-17 14 INDONESIA’S Finance Minister, J. B. Sumarlin, has urged businessmen in the country to strike a balance between their financial interests and the need to fulfill their social responsibilities to the people. Businessmen should do this to avoid hampering the government’s efforts to567 words
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194 1990-03-17 14 sy in Manila. ABBY TAN - sy in Manila. ABBY TAN. MANILA Singaporeans working and living in the Philippines have formed an association to keep in touch with each other and to know more about developments back home. The Singapore (Philippines) Association was launched last Friday. A seven-member executive194 words
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MONEY
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Article, Illustration442 1990-03-17 15 AN EMPLOYEE was heard saying: “Cik Haryati, there's an important message from Bangladesh at the telex machine.” Haryati Borhan, 28, apologised for the interruption and made her way to the machine. Later, she said the telex was from a client ordering 8,000 tonnes of442 words
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499 1990-03-17 15 AFP. TOKYO Singapore stayed at the top of the table as a “perfect 10“ or completely “no-risk" country in the eyes of Japanese investors. Next came Australia, then Taiwan. But the latest countryrisk survey of the Asia-Pa-cific by the Japan Bond– AFP. - 499 words
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Article, Illustration165 1990-03-17 15 MALAYAN Breweries Ltd (MBL) shareholders have approved the name change of the company to Asia Pacific Breweries Ltd (APBL) at an extraordinary general meeting held recently. The new name, which was effected on Monday, comes with a new company logo which shows165 words
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201 1990-03-17 15 CORPORATE Singapore is learning to live with the Green Decade, with major retail chains such as Yaohan, Isetan and C. K. Tang announcing plans to switch to bio-degradable plastic bags. The switchover will be expensive for these companies, but like their overseas counterparts, local201 words
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196 1990-03-17 15 THE prestigious “18 Anderson Road" condominium project, currently under construction, will offer “top of the market” apartments costing an average $2 million each. Nine of the 71 condominiums have already been snapped up by high net worth individuals, with wealthy expatriates accounting for196 words
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408 1990-03-17 15 Gerry de Silva - By Gerry de Silva DRAWN by the enormous potential of Batam. Singapore companies have emerged as one of the largest foreign investors in the Indonesian island. Local investors have to date set up 17 joint ventures in Batam. the largest number from408 words
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Article1792 1990-03-17 16 TRANSACTION DATE: MARCH 16, 1990 Grs 1989/90 T*l test Vol Day Last Quote Dlv Oal* High Low Cod* Company Sale «♦■or'000 High Low Buyer Seller Payable INDUSTRIAL COMMERCIAL 244 111 X 1000 Acma 217 -i 536 219 216 216 218 218 87’ 1143 Amcol 25« 218 5 27881,792 words
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Article418 1990-03-17 16 INDUSTRIAL COMMERCIAL 290 150 1142 Alex Hidgs 50e 270 -5 9 270 205 206 265 60 482 1521 C4C Rts (Share) 110 132 j 1517 C4C Rts (Wt) 32 1589 Causeway A 182’ 56 t 1160 Inno-Pacilic 129 •2 17 130 129 129 130 1 5 222 1156418 words
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Article770 1990-03-17 16 330 124 t 1543 CK Tana Wt 90 234 234 240 75* 68 1546 Causeway Loan 75 »1 13 75* 74* 74* 75* 60 Dec 31 63 37* 1545 Causeway Wt 56 »2 101 57 55 56 56* 61* 70 t 1591 Chuan Hup Not** 81*770 words
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Article494 1990-03-17 17 Weekly sharemarket review IT was a week of cautious and lethargic trading with attention focused on Malaysia's “missing scrip" problemand the performance of the Tokyo market. By Tuesday the Nikkei had plunged more than 1,300 pointsor 3.9 per cent and the ST Industrials Index lost 20.5 points494 words
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Article2002 1990-03-17 17 TRANSACTION DATE: MARCH 16, 1999/90 Tel La it High Low Coda Company Sato 1990 OfVol Day 000 High Low Last Quote Buyer Seller HONGKONG STOCKS 102 92 1418 COL Hotels Inti 93% 440 93% 93 93% 94 1246 Catt>ay Pacific 1000 980 1739 Cheung Kong 1000 1245 Dairy2,002 words
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DAY-TO-DAY STOCK INDICES
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Article136 1990-03-17 17 ST Industrials Index THP' Straits Times Industrials Index fell 15.19 points on the week to 1,576.99 points. Da.v-to-day indices: MONDAY: 1,582.66 points (down 4.12); 73.26m units (valued at $139.29 m); TUESDAY: 1,565.68 (down 16.38); 6t.8m units ($118.52 m); WEDNESDAY: 1,564.81 (down 6.87); 74.37m units ($138.31m); THURSDAY: 1,569.64 (up 4.23); 76.78m136 words
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Article673 1990-03-17 17 tia*T Mot* it MM Amoy Propartia* 2 70 ♦005 AllitO Ovtrttat 090 ■001 Atit s«c mri 210 unc* A»ia Sec War 91 Alhad TW Bond Corp M l Bond Corp War 91 Bank o< EA Ca»#ndi»rCat# da Cor'' Century City COL Hota COL Hole We- 92 China Entjrtym Cnme»*673 words
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252 1990-03-17 18 A 24-MEMBER Singapore delegation left for Jakarta on Wednesday on a fourday mission to explore investment and business opportunities there. The mission is jointly organised by the Construction Industry Development Board (CIDB), the Real Estate Developers' Association of Singapore (Redas) and the252 words
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488 1990-03-17 18 S Subramaniam - By S Subramaniam SINGAPORE has been ranked as one of the top five rising stars in the world economy by an international survey of business confidence. The survey, carried out by Switzerland's Institute for Management Development (IMD) and the World488 words
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258 1990-03-17 18 Company results LAST year was another re-cord-breaking one for the DBS group. On the back of a 22-per cent growth in the financial services sector, net attributable profit for the group jumped 25.1 per cent to hit a record $250.34 million. With this258 words
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137 1990-03-17 18 AN AGGRESSIVE expansion programme, prudent trading of assets and the buoyant property market helped boost DBS Land’s results to an all-time high. Turnover and pre-tax profit for the year ended Dec 31, 1989, doubled to $157 million and $56.78 million respectively. Net after-tax137 words
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Article169 1990-03-17 18 COUNTER RATES Singapore dollar* to on* unit ol foreign currency Buying 00 Setting US dollar l 8585 1 8805 Sterling pound 2.9751 3 0342 Australian dollar I 4024 1 4433 Canadian dollar ***** 1.6107 N/ dollar 1.0803 1.1151 Singapore dollar* to 100 unit* of foreign currency Austrian schilling169 words
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Article, Illustration105 1990-03-17 18 Source OCBC Bank Contract data: 15/3/90 CURRENCY! MIN 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US! 7% 7% 8 8 8 7V. 19/3/90 A! 14'» 14 V, 14 s 14 14 s 13V, 19/3/90 NZ$ 12 s 12 s 12V, 12V. 12 7Source OCBC Bank - 105 words
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Article255 1990-03-17 19 Week ended Mar 9. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss (’000) Antah Hides 6 (6) M 510.380 ($4,981) Mar 89 Fuiitec 12 (10) 9.156 b (1.296 b) Sept 89 Preliminary results Gross Group pre tax Year to Company dividend profit/lossCompiled by Business Times. - 255 words
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344 1990-03-17 19 Koh Bee Ann - By Koh Bee Ann STOCKBROKING firm Kay Hian James Capel (Kay Hian) is believed to be caught short of about $1 million worth of shares, the bulk of them in Malay-sian-listed tin counter Sungei Besi Mines Malaysia Bhd. Kay Hian partner,344 words
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655 1990-03-17 19 APPROVED ISSUES Company Rights Issue AMMR One tor tour <r W$? 40 per share [«•dale War 8 Books close War 22 Acceptance Payment NYA Bousteadco Onetorthree (a $1 15 per share E« date Ian 19 Books close Feb 1 Acceptance Payment War 19 etc Tvro655 words
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240 1990-03-17 19 KUALA LUMPUR To regard the securities industry across the Causeway as a rival is the wrong concept, a panel discussion at a capital market seminar here has been told The Singapore market was complementary to the local market and "we have240 words
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Article270 1990-03-17 19 Manager's prices for March 16 Singapore Unit Trust The Commerce l.31 —1 38 The Savings Fund 1 09-1 15xd S’pore Prog Fund 0 49-0 53 S pore Sec Fund 0 84-0 89 S pore Invest Fund 0 89-0 94 S pore Equity Fund 0 59-0 63 Asia Unit270 words
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Article400 1990-03-17 19 Current €x Books Date Total for Total for payment date close payable the year last year Asean Fund Avino BAT USlOC(b) 15%TT 90 9%(n) Ma' 7 Feb 28 Apr 6 Mar 19 Mar 12 Apr 19 Mar 26 May 15 May 3 US10C 25%TE 122 7%(n) 5% 5%400 words
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521 1990-03-17 20 Ismail Kassim - By Ismail Kassim KUALA LUMPUR The Kuala Lumpur Stork Exchange on Wednesday finally broke its silence on the missing share issue, saying that there are only 19,000 untraced scrip. In a statement on an issue which has dampened market sentiment recently, KLSE executive chairman521 words
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212 1990-03-17 20 JURONG Shipyard has won another two contracts worth $20.5 million for conversion and repairs on American and Greek containerships. The listed ship-repair and shipbuilding group said the first contract for $l6 5 million was to "jumboise" three cellular container vessels owned by the212 words
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437 1990-03-17 20 Ranjit Gill - Choice of partners based on expertise of Republic’s parties By Ranjit Gill in Bangkok ing projects,” he added. Business Times. THREE Singapore construction groups have teamed up with a leading Thai company to secure projects in Thailand. The joint venture, known as Siam Syntech Construction,ing projects,” he added. Business Times. - 437 words
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Article, Illustration523 1990-03-17 20 He already faces five counts of CBT involving $l9 million LOW Chang Hian, 45, the former director of Hongkong's Ka Wah Bank who is awaiting trial on other charges, was on Wednesday accused of soliciting a HK$7 million ($1.91 million, at 1983 rates) bribe523 words
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329 1990-03-17 20 Anna Teo - Encouraged by the good response to a recruitment campaign in US By Anna Teo Business Times.. ENCOURAGED by the good response to its recent recruitment drive in the United States, the government will be organising more career fairs overseas, with Australia and New Zealand nextBusiness Times.. - 329 words
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Page 18 Advertisements
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Advertisement123 1990-03-17 18 Give us your feedback The Straits Times Overseas Edition is into its third year of publication. To enable us to provide a better service, we invite you to complete the questionaire below. 1. Would you like to have MORE, LESS or the SAME of the following: (Incase tick the appropriate123 words
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FORUM
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397 1990-03-17 21 An open letter to Malaysian Minister for Culture and Tourism Datuk Sabbaruddin Chik EXCELLENCY, I read with great interest (ST, March 10) that you are still quite determined to sabotage your Visit Malaysia Year Campaign. I am quite sure Your Excellency has some sound397 words
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Article, Illustration532 1990-03-17 21 THIS is an open letter to Mr A 1 Yahya, writer of the article “Singapore threatens Malaysia’s position”, a translation of which was published in The Straits Times as “Singapore politics and a view from Malaysia" (ST, March 3 and ST Overseas Edition, March 10). Dear532 words
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324 1990-03-17 21 I REFER to the report "Chok Tong calls for return to a rugged society” (ST. March 11). The First Deputy Prime Minister chose the official opening of the College of Physical Education’s new facilities to throw a challenge to the college, its teachers324 words
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Page 21 Advertisements
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Advertisement134 1990-03-17 21 Dear Readers THE Straits Tit. ,is welcomes letters from you. Your letters must include vour signatu'e. full name adoress. and home and office telephone numbers. They should O’ urably be typed, doubied-spaced, on one side of the pape'. Brevity is an advantage. We do not accept for publication lette-s from134 words
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Advertisement148 1990-03-17 21 MAIfIR rani un ISSUH I U 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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Page 22 Advertisements
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Advertisement1209 1990-03-17 22 APPOINTMENTS The high-growth industry in Singapore r> r% sir A 7 V vt GEM V The high-growth aerospace company General Electric (USA) Aviation Service Operation, a wholly-owned subsidiary of GE (USA) is a high technology aerospace company specialising in the repair of aircraft engine components. We are looking for a1,209 words
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SPORTS
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Article, Illustration508 1990-03-17 23 JOE DORAI - FAS Councirs offer to be divided into three categories By JOE DORAI TWENTY of the 25 players in the Singapore Semi-Pro Division One Malaysia Cup squad will be offered a nine-month contract by the Football Association of Singapore. The 20 footballers will be divided508 words
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Article, Illustration355 1990-03-17 23 J. RAJENDRAN - Fighting between Thai and Malaysian spectators By J. RAJENDRAN SOCCER violence marred the Brunei Merdeka Games final between Malaysia and Thailand as fighting broke out in the terraces at the Stadium Negara Hassanal Bolkiah on Tuesday night. The teams were declared joint champions afterPicture by ALBERT SIM. - 355 words
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Article, Illustration267 1990-03-17 23 Joe Dorai - Semi-Pro Division One Soccer By Joe Dorai BALESTIER United’s unexpected 2-0 win over Premier League leaders Geylang International last Saturday has thrown open the title chase. Geylang’s loss was Jurong Town FC’s gain and they responded four days later with267 words
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Article69 1990-03-17 23 Geylang STANDINGS PWDLFAPls 13 9 2 2 29 9 20 Jurong 12 9 2 1 22 9 18 T Bahru 12 3 3 23 18 15 Balestier 12 5 3 4 20 10 11 Kafsa 12 5 1 6 22 12 9 Police 11 2 5 4 869 words
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210 1990-03-17 23 SINGAPORE will be getting its first puhlie golf sehool. The Green Fairways International Golf Sehool offers lessons in driving, ehipping and patting. Its facilities from driving range to putting green will simulate real eompetition conditions Construction is ahoat to begin on the bunkers210 words
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Article826 1990-03-17 24 Chow Chee Sun - BG Yeo to head committee to look into more recognition for them By Chow Chee Sun RESERVISTS may soon get their wish for greater recognition and rewards for their contributions and sacrifices with the setting up of a high-powered and well-represented committee to look into this826 words
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Article, Illustration143 1990-03-17 24 CALL it another ease of the kla-su syndrome, hut for some parents, getting their ehildren into a kindergarten in Marine Parade was worth spending a night on a pavement in Marine Parade. Because of the centre’s first come, first served system, about 30143 words
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174 1990-03-17 24 A NEW naval base to help ease congestion at the cramped Pulau Brani Naval Base is being built at Tuas. But the long-term plan is to replace Brani with a new base to be sited on reclaimed land at Changi, near174 words