The Straits Times : Weekly Overseas Edition, 23 June 1990

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JUNE 23, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/89
    20 words
  • 566 1 FAR from being hindered in his new job as Prime Minister, Mr Goh hnk Tong experts to gain from Mr Lee Kuan Yew’s continued role in the Cabinet. “Mr Lee has a wealth of wisdom and I intend to take advantage of
    566 words
  • 440 1 MR GOH Chok Tong has said that his main mission on taking over as Prime Minister is to ensure continuing confidence in Singapore after Mr I>ee Kuan Yew leaves office. The First Deputy Prime Minister, who takes over in November, noted in
    440 words
  • 969 1 BG Yeo tells students that Republic needs good institutions to endure STRONG institutions which reflect the social instincts of Singaporeans are what Singapore needs to endure as a nation, Minister of State (Finance and Foreign Affairs) George Yeo has said. These would be the nation’s
    969 words
  • Page 1 Advertisements

  • NEWS FOCUS
    • 978 2  -  Forum on ethnicity Reports: Reports: Bertha Henson SINGAPOREANS should be colour-blind and race-blind because meritocracy is what counts most, said former Cabinet Minister S Rajaratnam. Race considerations should never figure in government policies or in deciding who to hire for a job. he
      978 words
    • 439 2 WHY BRING UP RACE NOW? WHY are Singaporeans talking race now? This question, posed by engineer B. Lulla, sparked off a discussion among the three other panelists at last Thursday forum. Political scientist Hussin Mutalib thought it had to do
      439 words
    • 653 2 Pre-U seminar SINGAPORE must maintain its policies of meritocracy and racial integration to prevent ethnic conflicts. Dr Aline Wong, MP for Tampines GRC, has said. Where ethnic groups had equal access and had made equal achievements in all spheres of life,
      653 words
    • 535 3 NATIONAL service is a key factor in nation-build-ing as it gives the youth of multi-racial Singapore a common experience and a common objective, said Mr Lim Kim San, one of the country’s pioneer defence ministers. Mr Lim, who is the executive chairman
      535 words
    • 243 3 THK Singapore Armed Forres officer plays an important role in ensuring the social harmony of the country as he commands men from diverse backgrounds. President Wee Kim Wee said this at a combined commissioning parade of 319 new officers at the
      243 words
    • 672 3  -  By Dominic Nathan SINGAPORE Airlines which now has one of the world’s youngest fleets may in future have the youngest captains as well. The airline is considering buying two jet trainers and a flight simulator to help shorten the transition
      672 words
    • 362 3  -  By By Kalimullah Hassan KUALA LUMPUR Malaysia will invite a watchdog committee from the Commonwealth to observe the coming general election, Prime Minister Datuk Seri Dr Mahathir Mohamad said in Parliament on Thursday. He told opposition leader Lim Kit Siang that Commonwealth
      362 words


  • HOME
    • 607 4  -  Plan will be ready in the next few months By Serena Toh PRIVATE groups and charitable organisations will be offered the chance to run a government hospital once the framework and guidelines have been worked out in the next few months. This development follows
      607 words
    • 468 4  -  From stargazing to open-air shows, new $6 m park has it all By David Miller UNKNOWN to many Singaporeans. a green jewel of a park has emerged at Marina South providing a convenient retreat from the hectic pace of city life. The Marina City
      468 words
    • 496 5  -  Mexican President’s visit to Singapore By Mike Yeong PRESIDENT Carlos Salinas Do Gortari of Mexico has called for the establishment of “special relations” between Singapore and Mexico which could benefit both countries and contribute to peace and harmony in the
      496 words
    • 389 5 INDIAN Singaporeans can now stay for up to five years in India without renewing their visas. Or, they can travel to India as many times as they wish in that period. The Indian government has introduced a five-year multi-entry visa allowing this, which
      389 words
    • 379 5 THE establishment of diplomatic ties between Singapore and Beijing will not affect the republic’s relations with Taiwan, said Mr Y. C. Chen, the new Taiwanese trade representative here. Mr Chen, who took up his appointment on June 13, told
      379 words
    • 611 5  -  He jumps four storeys down from hotel in Johor Baru but survives By Brendan Pereira A 60-YEAR-OLD Singaporean, angry that his 20-year-old hairdresser girlfriend had a new lover, threw baking soda on her face and then jumped four storeys down from a Johor Baru
      611 words
    • 849 6 What will the Singapore family he like in the *****? What will the role of the father, the mother and grandparents be in the fast-paced changing times of the decade? Dr Nalla Tan, a consultant in primary health care and community medicine and mother of
      849 words
    • 303 6 THE fast-paced social and economic changes of the last decade have put new strains and tensions on the family unit and the challenge facing Singapore in the 1990 s is how to preserve the family as the basic building block of society. The MP
      303 words
    • 241 7 THERE were no tight squeezes or cramped legs when a family of five took a spin in a London cab launched last Friday by Trans-island Bus Services. As the rule limiting a maximum of four in a cab means that a
      Picture by RAYMOND NG.  -  241 words
    • 478 7  -  The options: ATMs Computer terminals Teleview By Rav Dhaliwal VEHICLE buyers may be able to use Automated Teller Machines, computer terminals or even Teleview to make bids under the quota system in the future. The Registry of Vehicles (ROV) is looking into various
      478 words
    • 424 7  -  By Leong Chan Teik PRICES of temporary certificates of entitlements have dropped by about $l,OOO after the Government moved to finetune the system to discourage speculation during future tenders. They are, however, still on average about $1,500 dearer than the successful
      424 words
    • 443 7 Understand unique situation here Kan Seng SINGAPORE’S multi-racial, multireligious balance can be maintained so long as everyone understands and accepts the unique situation here, Foreign Affairs and Community Development Minister Wong Kan Seng has said. Racial and religious harmony hung "in delicate balance’’
      443 words
    • 614 8  -  Students will be able to work from home by '92 By Ng Wei Joo NGEE ANN Polytechnic students can soon consult their tutors, revise their work and hand up assignments all from the convenience of their homes. This will be made possible when the
      614 words
    • 643 8  -  By By Francesca Nathan WOMEN who have gone through menopause can now have children through a new procedure to treat infertility. Teams from two Singapore hospitals are the first in Asia to report successful pregnancies through oocyte or egg donation. The
      643 words
    • SNIPPETS
      • 153 8 THE Festival of Arts went beyond its usual “fringe” this year it found its way to Changi Prison. Prisoners were treated to four fringe performances as part of the festival over the last three weekends. They cheered and clapped along as they took in
        153 words
      • 139 8 THESE old bottles brought a twinge of nostalgia to many people. Once a common sight, they have since given way to sleeker and smaller bottles. For $l, visitors to the 25th Anniversary Carnival got a taste of two "fizzling" flavours of the
        139 words
      • 110 8 SINGAPORE will pick its top doubles pair in a an unusual contest in September. But the match is not a contest in racket games like tennis or badminton. It is a contest for the best and most talented twins and they are expected to
        110 words
    • 392 9 BREAKING a world record can be a delicate affair as 'he Minister for National Development S. Dhanabalan, found out last Sunday. He had to lie down on a ramp to gingerly place the last record-breaking bottleap atop the World’s Largest Bottlecap Pyramid, which also
      392 words
    • 437 9 BE PREPARED to see young men in khaki uniforms helping civilians in a state of emergency or war because scouts at the Civil Defence Scout Survival Camp learned how u> render aid if such a need ever arises. Scouts Chief
      437 words
    • 59 9 THE “'ongest human centipede” moved forward by jfm at Marina South on Sunday, and into the Guinness Book of World Records. The record-breaking attempt is one of the three 25th Anniversary reeora breaking events that have been attempted. The other two were the
      59 words
    • 195 9 DOCTORS from around the world will meet in Singapore in September for the first international scientific meeting of the Royal College of Obstetricians and Gynaecologists. The college, a premier institution which doctors from many countries seek to join, will confer an Honorary Fellowship
      195 words






  • MALAYSIA
    • 427 10 Move is to enable more Chinese to get visas to tour Malaysia KUALA LUMPUR The Malaysian government is planning to set up consulates in several major cities in China to process applications for visas from Chinese citizens who want to visit Malaysia
      427 words
    • 341 10 KUALA LUMPUR A magistrate's court has fixed July 2 to hear a suit against former Sabah Chief Minister Tun Mustapha Harun for more maintenance for his illegitimate daughter. The Star newspaper said in a report on Tuesday. According to the report. Madam Alice
      NST picture.  -  341 words
    • 218 10 MIRI (Sarawak) Bumiputras in Malaysia must not treat members of the Chinese and Indian communities as temporary citizens, Deputy Prime Minister Ghafar Baba said here. They must face the reality that the two groups are permanent citizens who do not
      218 words
    • 264 10 NST, Bemama. Kt ALA LUMPUR A young Malaysian executive broke his hank’s computer security code, stole Ms 4 million (552.7 million) and spent it on luxury cars, including a Lamborghini which alone cost MSI .5 million. The man, 24, also
      NST,; Bemama.  -  264 words
    • 420 10 in Santa Barbara. Bernama. PENANG You wouldn’t believe it. but it’s true. Michael Jackson, the pop superstar, likes eating Malaysian dishes, including nasi lemak. This was revealed by his former chef, who is Malaysian-born. Mr P. Dharmalingam. or Dharma as he
      in Santa Barbara. — Bernama.  -  420 words
    • 124 10 JOHOR BARU The second Johor-Singapore link is expected to be completed in 19% and the entire project will cost about Msl.6 billion (551.07 billion), Johor state councillor Datuk Jimmy LowBoon Hong said. The link will take the form of a bridge
      124 words
    • 571 11 People aware ruling coalition is fair to all races, he says NST, Bernama JERTEH (Trengganu) Prime Minister Datuk Seri Dr Mahathir Mohamad has said that the bloody riots of May 13, 1969, will not recur as long as the country
      NST,; Bernama  -  571 words
    • 210 11  -  ISMAIL KASSIM. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has dropped the strongest hint so far that the Umno-led ruling National Front coalition might soon seek to renew its electoral mandate. Speaking to the press after chairing the monthly Umno Supreme
      210 words
    • 482 11 Inquest into millionaire’s death NST. PENANG Millionaire Loh Kah Kheng, heir to the Boon Siew Motor empire, was murdered in a meticulously planned job, the Coroner’s Court ruled on Monday. The verdict on the inquest into the death of the former Kah Motor
      NST.  -  482 words

  • ASEAN
    • 223 11  -  a full minister. TAN LIAN CHOC. BANGKOK General Chavalit Yongehaiyudh on Thursday rejected an offer to be Prime Minister Chatidial Choonhavan’s personal adviser as the opposition mounted an offensive against the government by lodging a no-confidence motion. The decision by Gen Chavalit, the
      223 words
    • 592 11 40 foreign companies have set up operations on the island BATAM Efforts to develop Batam under the proposed triangle of growth covering Indonesia, Singapore and Johor have been met with enthusiastic response from domestic and foreign investors, officials said yesterday. Statistics cited by the
      592 words
    • 240 11 JAKARTA A confidante of President Suharto has reportedly said that the Indonesian leader was "still young” despite his advancing age and was in a position to continue serving the country. Mr Ruslan Abdulgani, a former Foreign Minister, was reported by the Indonesian Observer as saying that the
      240 words

  • COMMENT/ Pick of the week’s editorials
    • 679 12 JUNE 22, 1990 THE quality of a nation's life depends on the extent to which it harmonises and integrates three elements: people, values and institutions. In this sense, Brigadier-General (Res) George Yeo’s call for stronger institutions in Singapore implies only a change of emphasis and not
      679 words
    • 650 12 JUNE 20. 1990 THE latest fine-tuning of the vehicle quota system, announced by Dr Yeo Ning Hong in Parliament last Wednesday, indicates that the Government is, after all, concerned about rampant speculation in certificates of entitlement (COE). But many Singaporeans who have seen speculators call the
      650 words
    • 681 12 JUNE 18. 1990 A SPECTRE is haunting Europe, and Asia, and the rest of the world. It is not communism. Ironically, it is the fear that the demise of communism may transform capitalism, paring away the more benign and ameliorative elements in it to reveal a creature
      681 words
    • 757 12  -  Viewpoint By Asad Latif THERE are few who will not welcome the trend towards more participative politics in Singapore It attests to a maturing relationship between voters and the Government based on continuity, not a break, with the past because it
      757 words
    • 78 12 We have only one city. Therefore we should not miss this unique opportunity to maximise its potential. We must not be afraid to dream. And we must set our vision high. Mr Liu Thai Ker, chief executive officer of the Urban Redevelopment Authority, speaking at the Pre-University Seminar. It
      78 words

  • COMMENT
    • 2923 13 Last week, DR GOH KENG SWEE outlined and examined some of the findings in The Enigma of Japanese Power, Dutch journalist Karel van Wolferen's book on Japan’s economic success. Today, he discusses in detail van Wolferen’s claims, highlighting some of the institutional differences between Japan and
      2,923 words

  • PROFILE
    • Article, Illustration
      893 14 A new book on the SAF offers readers a peak into army life as has never been seen before by mothers, girlfriends and sisters. Ong Soh Chin meets the author Mickey Chiang, a man of peace, who has written a hook about weapons of war. Mickey chiang is
      893 words

  • MONEY
    • 519 15  -  Move aims to better position Republic for business opportunities there By Mary Kwang IN A determined bid to better position Singapore for business opportunities in Eastern Europe, the Trade Development Board (TDB) has said it will be setting up its
      519 words
    • 350 15 THE Trade Development Board is sending a trade-eum-business study mission to China in October which will cover, among other areas, investment opportunities in Shanghai’s massive Pudong development project. This was disclosed on Tuesday by TDB chairman Alan Yeo who will be leading the
      350 words
    • 419 15  -  By Steven Pak THE giant Salim Group of Indonesia, which is backed by tycoon Liem Sioe Liong, is increasingly using Singapore as its launching pad to expand into the region. With already one acquisition here and two ventures with local firms
      419 words
    • 318 15 SINGAPORE pipped eight other Asian countries to be ranked tops by Japanese investors in its provision of infrastructure, a recent survey of 516 Japanese companies showed. But as far as business environment was concerned, the Japanese companies rated Singapore number two after Malaysia, although they
      318 words
    • 3042 16 DATE: JUNE 22. 13S0 Qr s '990 T#l A«t VOi O.y Last Quote Qlv Hit <iQh LOW Cod* Company Sate Of000 High LOW Suysr Sellei P/E 'NDUSTRIAl. COMMERCIAL 261 191 t 1000 Acma 245 unch 33 <46 245 245 ?.4r> ?90 65 '142 Alex Hldgs 50c 29C
      3,042 words
    • 492 17 The weekly sharemarket review TRADING on the Singapore stock market was generally sluggish during the week, with situational interest on blue-chip stocks and lower liners. Although share prices were dampened by the closure of the Hongkong market on Monday, they fell even more the following day. in
      492 words
    • 2139 17 TRANSACTION DATE: JUNE 22, 1990 Ore ino Tel Lett Vel Day Lael Quote Dtv Net High Lew Cede Company Sale or- '000 High Lew Buyer Sellar P/E SESDAQ 157 126 t 4000 Amtek Eng20( 132 »4 9 132 129 130 133 6 ON 16 7 126 101 4008
      2,139 words
    • 185 17 ST Industrials Index The Straits Times Industrials Index gained 1.09 points on the week to 1532.38. DAY CLOSE TURNOVER Monday 1545 72 14.43) 32 59 m ($87 68 m) Tuesday 1534 87 (-10 85) 35 90 m (J87 75 m) Wednesday 1535 85 (+0 98) 44 09
      185 words
    • 612 17 Friday June HKt 1 Amoy Properties *006 Allied Overseas 090 unch 1.96 -0 045 Asia Sec War 91 039 -001 Allied tw 096 0 03 Bond Corp Int i 230 *0 075 Bond Corp Wa' 91 1 05 004 Ban» ot EA 15 70 0 20 unch *0 025
      612 words
    • 488 18  -  By Lynette Ong LOCAL company Challenger Microcomputer Products aims to be a "McDonald's” of the computer industry by setting up an island-wide chain of outlets and by going global through overseas franchises. Its aggressive expansion also takes in plans to float
      488 words
    • 644 18 Weak ended Jun* 15. Compiled by Business Times Final results Company Date Year Group Not Nat aarnincs Gross ann to profit/loss (l) per share dividend (OOO) (cents) Bon»ests H J„is 13 Oec 89 38.123(35.277) 38(2 7) 3(3) Cnem ino iun 13 Mar 9C 37.658(35.918 34 9a (29.6*) 13.6a(136a)
      Compiled by Business Times  -  644 words
    • 160 18 Singapore dollars to one unit ot foreign currency Buying OD Selling US dollar 1.8255 1 8475 Sterling pound 3.1269 3 1869 Australian dollar 1 4242 1 4651 Canadian dollar 1.5425 1.5770 NZ dollar ***** 1.0928 Singapore dollars to i00 units of foreign currency Austrian schilling 15 4095 15
      160 words
    • 131 18 Contract data: 23/6/90 CURRENCY! MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US! 7 Vi 7’/« 7 V 4 7 3 4 73/, 7 ‘/4 26 6 90 AJ 13V, 13V, 13 Vi 13 Vi 13 Vi 12 s 26/6/90 m 12 5
      131 words
    • 350 18 SURPASSING earlier expectations, Hotel Plaza Ltd with the support of more big applications was oversubscribed 131.2 times. This is the second highest public response to a share issue so far this year, after securities house Kim Eng Holdings. Going by the balloting ratios
      350 words
    • 394 18  -  By Caroline Chan IN A MOVE to get contractors to employ more skilled labour, the Government is expected to introduce a new two-tier levy scheme soon for foreign workers in the construction industry. Under the proposed scheme, the contractor will pay a
      394 words
    • 259 18 Manager’s prices for June 23 25 Singapore Unit Trust The Commerce 1.25-1 33«d The Savings Fund 1 07-1 14 S pore Prog Fund 0 50-0 53 Spore Sec Fund C.85 —0 90 S’pore Invest Fund 0 90-0 96xd S pore Equity Fund Asia Unit Trust 0.59 —0 63
      259 words
    • 641 19  -  By Doreen Siow THOUGH the Singapore and Malaysian stock markets have, split since the beginning of the year, both have continued to move in tandem. said the president of the Malaysian Investors' Association Mr P. H. S Lim In a talk to
      Source: New Straits Times  -  641 words
    • 283 19 Company Rights Issue IGB Corpr One-tor three M$1 60 oer share J*****m 1% Convertible Unsecured Loan Stock o* MSI 00 nominal value to be issued on the basis ot 1 CUIS tor every eight shares held Ei-date Jun 6 Books close Jun 20 Acceptance Payment NYA Mid) Hdgs
      283 words
    • 979 19 Current Ex Books Date Total for Total for payment date close payable the year last year Amcol 10% Jun 18 Jun 28 Jul 16 10% 10% vfTT 7 5%TE(I> Oct 12 Oct 25 Nov 15 75%TE 25%TE B Sembawang 35%(s) Jul 19 Jul 31 Aug 8 35% 35%
      979 words
    • 384 19 FOLLOWING a year of strong growth in its life insurance business, and to celebrate its 20th anniversary, NTI'C Income is giving policy-holders a record $53.5 million in bonus payments and a maximum 5-for-lft bonus issue of shares. The 86-per cent increase in
      384 words
    • 609 20  -  Reports by Reports by Shaun Seow, Sivam Subramaniam and Steven Pak SINGAPORE has retained its position as the most competitive country this year in a group of 10 new-ly-industrialing economies, according to The World Competitiveness Report released on Tuesday. Taiwan came in
      609 words
    • 353 20 THK National Productivity Board and American risk information firm Beri arc currently working on a study of Singapore and 11 other countries which will help identify the Republic’s competitive advantages. The study also aims to develop a standard measure for a country’s
      353 words
    • 1124 20 A TOTAL of 326 criteria were used to evaluate the competitiveness of countries in The W'orld Competitiveness Report 1990. These were in turn grouped under 10 headings: Dynamism of economy, industrial efficiency, market orientation, financial dynamism, human resources, impact of
      1,124 words






  • Page 21 Advertisements
    • 1163 21 APPOINTMENTS Sea K Land Q 'I Sea-IfLand 75* The largest Ame r ican flag container shipping company and innovator of containerization is looking for dedicated and highly motivated individuals to fill the following newly created positions in the regonal ofiice. COST ACCOUNTANT, S. E. ASIA The incumbent, reporting to the
      1,163 words

  • Page 22 Advertisements
    • 764 22 NOTICE APPOINTMENTS NATIONAL UNIVERSITY OF SINGAPORE RESEARCH SCHOLARSHIPS Research Scholarships are available to outstanding university graduates registered for, or admissible to, master's and doctor's degree programmes by research at the National University of Singapore The Scholarships are tenable for one year in the first instance and, subject to satisfactory progress,
      764 words

  • FORUM
    • 504 23 I READ with much disbelief the report “SAP schools harming inter-ra-cial mixing”. (ST. June 14). In highlighting the prospect of rising race-con-sciousness among pupils today. Mr S. Chandra Das has. regrettably, not revealed the background of these pupils. Are they exclusively
      504 words
    • 314 23 MR Pok Cheng Sim (ST. June 16. see above) takes issue with me on what I said in Parliament on June 13. Far from understanding what I actually said. Mr Pok has assumed that your headline “SAP schools harming inter-racial mixing" accurately reflected the thrust
      314 words
    • 173 23 ON May 19. my young nephew from India came here for a visit. I took him to a toy store in Marine Parade and bought him a remote controlled model aeroplane. It was for his birthday. He left for home the following day. The
      173 words
  • Page 23 Advertisements
    • 132 23 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 who
      132 words
    • 139 23 The Straits Times Weekly Overseas Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. The Straits Times Weekly Overseas Edition. Making an
      139 words

  • 667 24  -  Written pledge not to engage in subversion By Bertha Henson ROMAN Catholic Church worker Vincent Cheng, the key figure in the 1987 Marxist plot to overthrow the Government, was conditionally released on Tuesday after three years’ detention under the Internal Security Act. He was freed on
    667 words
  • 444 24 Amount of opium seized is the biggest so far this year AN INDIAN-BASED drug syndicate which tried to smuggle drugs into Singapore in sealed cans with labels of Indian fond products has been exposed. Narcotics officers arrested five men and seized 30 kg of
    444 words