The Straits Times : Weekly Overseas Edition, 11 August 1990

Total Pages: 23
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, AUGUST 11, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/89
    20 words
  • 327 1 ALL the Old Guard political leaders who played a vital role during critical points of Singapore’s nationhood are remembered in this year’s National Day honours list. Heading the list is Former Senior Minister S. RaJaratnam, 75, who has been awarded the Order of
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  • 564 1 Mr Lee’s last N-Day broadcast as PM IN HIS last National Day broadcast as Prime Minister, Mr Lee Kuan Yew on Wednesday night urged Singaporeans to secure their future by staying ahead of the competition in the Growth Triangle and by ensuring continued good,
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  • 163 1 THE Prime Minister, hand in hand with his wife, is pulsed to lead the countdown to Singapore's 25th birthday at Swing Singapore on Wednesday. Twenty-five seconds before midnight, the countdown to National Day began. As Mr Lee Kuan Yew led this, slides portraying Singapore’s development
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  • NEWS FOCUS
    • 504 2 GETTING people to work for him, analysing problems, listening to views, taking decisions and sticking to them this was how Mr Goh Chok Tong described his strengths last Friday night. It was because of the way he worked that he emphasised teamwork
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    • 329 2 IT MAKES better political sense to have ministers speak (or themselves on important issues and not rely on just one spokesman, Brigadier-General (Reservist) Lee Hsien Loong said last Friday night. That would add strength to the whole team, with decisions
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    • 265 2 That’s how much An-an and Xinxing have been insured for their stint at S’pore Zoo THE giant pandas from China have been insured for a cool million for their appearance here and will cost half a million dollars to exhibit. The Singapore Zoo will spend $500,000 on tender, loving
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    • 396 2 EMPLOYERS who abuse their maids will be barred from employing any other maid, the Labour Ministry said on Monday. The ministry said it has always been its policy to penalise employers who abuse their maids. It said this in response to queries
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    • 302 2 Hit twice in crash but girl lives A SCHOOLGIRL was hit by a van and then run over by a car within seconds on Thursday and survived. Wong Lee Ann, 10, who is in a stable condition in hospital, was crossing Upper Serangoon Road near the South East Asia Union
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    • 167 2 THE Government is looking into the possibility of setting op a Singapore school in Hongkong for the children of the more than 6,M# Singaporeans working in the nyAnd if the project materialises, this will be the first overseas Singaporean school. This
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    • 406 3 Chok Tong: Take national service seriously and don’t press for it to be shortened SINGAPORE must never allow itself to become another Kuwait, a rich country but with no capacity to defend itself, warned First Deputy Prime Minister Goh Chok Tong on Sunday. Singaporeans
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    • 469 3  -  By Tan Ee Sze SLOW to tip but quick to complain and misbehave. This ugly side of Singaporeans travelling overseas is making foreign tour operators see red. And some of them are now reluctant to handle Singaporean tourists. One told of
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    • 408 3 SINGAPORE and Malaysia have joined many governments around the world in enforcing the sanctions imposed by the UN Security Council against Iraq Singapore's Foreign Minister, Mr Wong Kan Seng, said on Wednesday that the Republic would abide by the UN decision and
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    • Article, Illustration
      414 3 Greedy, fussy over little things “Singaporeans can be greedy and very fussy about little things. For example, during a tour to Thailand, some complained that the cutlery was not so clean. They could easily have taken a piece of tissue and wiped it but they had to complain,
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  • HOME
    • 444 5 Swing Singapore 90 K. F. TANG jostled with the thousands to soak in the mood at Swing Singapore 90 to bring this report. SINGAPORE’S 25th birthday party and more than half a million people celebrated it like never before. From 8 pm to the bewitching
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    • 1212 5 Full text of the Prime Minister’s National Day Message 1990 looks another good year. We have made 8.4 per cent growth for the first half of this year. We have done well since we recovered from the recession of 1985. This is because our
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    • National Day awards
      • 832 6 Raja gets top public service medal as S’pore honours the Old Guard MR S. RAJARATNAM looked back at his three decades of public service yesterday and said: My contributions were all very abstract there are no buildings I can point to and say. they were
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      • 680 6 THE following are the main people out of 724 who are remembered in this year’s National Day honours list. ORDER OF TEMASEK (FIRST CLASS) Mr S. Rajaratnam, special contributions to Government especially in the year 1961-63. 1964-65. ORDER OF NILA UTAMA (FIRST CLASS) Dr Toh
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      • 464 6 SWIMMING champion David Lim, 23, picks up medals all the time, but this one is special. He gets a Public Service Star in this year’s National Day honours list. "I feel honoured. It is the biggest prize I have ever won. I hope to
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    • 670 7 They may have to acknowledge they are not citizen newspapers Chok Tong replies to letter from Dow Jones THE Government intends to have all foreign regional publications circulating here sign an acknowledgement that they do so not as citizen newspapers. With this undertaking,
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    • 593 7 SPECULATORS could get away with a windfall of $4.7 million from profiteering on Certificates of Entitlements for cars in the first 12 months of the vehicle quota system. This view was expressed by the Automobile Association of Singapore (AAS) last Friday.
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    • 270 7 AN Australian ship’s captain was fined a total of $9,200 last Friday for having 23 guns on board a vessel without a licence from the relevant authority. Arthur Stewart Affleck, 58, was originally charged with unlawful arms possession together with
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    • 697 8 Set up endowment fund for greater flexibility: Dr Tan THE National University of Singapore should diversify its sources of finance and work towards reducing its dependence on direct government financing, Education Minister Tony Tan said on Tuesday night. It should also set up
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    • Article, Illustration
      441 8 THREE deans from the NUS last week gave their impressions of the changes that have taken place in the university during the past decade. Each of them has watched the metamorphosis of the university into what it Ls today. The NUS undergrad today ‘‘The undergraduates of today have
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    • 291 8 BIGGER, better and more reputable. This was the Presidential compliment given to the National University of Singapore last Saturday as it celebrated its 10th anniversary. President Wee Kim Wee, who was the guest of honour at the launch
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    • 564 9  -  More women come forward to report cases, with figures for first six months up 40 per cent By Brendan Pereira RAPE and outraging of modesty showed the most significant increases of all crimes for the first half of the year. Police figures show that 40.4 per cent
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    • 274 9 Biggest drop in murders, robberies THE number of serious offences fell for the first half of the year, with murder and robberies showing the biggest drops, compared with last year. Crime statistics released by police last Thursday show that there were 27,116 seizable offences between January and
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    • 290 9 RESIDENTS in six areas in older Housing Board estates will be the first to decide whether they want improvements in their flats and estates under the island-wide upgrading exercise of public housing. The areas picked to launch the demonstration phase
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    • 373 9 HEART transplant patient Mr Wee Soo Hup has gone home four weeks after his historic operation and is looking forward to celebrating his 60th birthday next month. Mr Wee, who is the first person to undergo a heart transplant in Singapore, was discharged from
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  • Page 7 Advertisements
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  • MALAYSIA
    • 461 10 Court bars man from taking actress as wife No 2 THE Sultan of Selangor has stepped into the case of actress Noor Kumalasari and her partner. Wan Mohamad Yusof Wan Othman. Utusan Malaysia, quoting the Sultan in an exclusive interview, said the ruler was
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    • 505 10  -  By By Kalimullah Hassan KUALA LUMPUR Senior Kelantan Umno leaders have asked Prime Minister Datuk Seri Dr Mahathir Mohamad to replace Mentri Besar Tan Sri Mohamed Yaakob to ensure that the party retains power in the state in the coming general
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    • 271 10 opment, he said. Bernama. KOTA KINABALU The Sabah state government has officially pledged to uphold the Federal constitution while strengthening national solidarity. Sabah’s head of state, the Yang Di-Pertua Negeri Tun Datuk Haji Mohamad made this pledge on Thursday at the first sitting of
      opment, he said. — Bernama.  -  271 words
    • 362 10 Bernama KUALA LUMPUR A leading Malaysian educationist has called on the government to help set up an open university to meet the big demand for tertiary education in the country. “The first step is to appoint a commission to work out the
      Bernama  -  362 words
    • 296 10 NST, Bernama. KUALA LUMPUR A number of glaring errors in a book of common terminology published by the Dewan Bahasa dan Pustaka (DBP) left many a DBP official red-faced and forced the publisher to withdraw it almost as soon as it was
      NST,; Bernama.  -  296 words

  • ASEAN
    • 717 11  -  Paul Jacob. JAKARTA President Suharto has said that the process by which Indonesia and China normalised relations could be an example to the world of the virtue of negotiations over confrontation. Normalisation also demonstrated that both countries had been sincere and frank in
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    • 627 11  -  By Paul Jacob Jakarta Correspondent JAKARTA China and Indonesia re-established diplomatic ties on Wednesday after a 23-year break with a call by Chinese Prime Minister Li Peng to “let bygones be bygones” and let the relationship “enter into a new
      Renter picture.  -  627 words
    • 324 11 Reuter, AFP. MANILA United States ambassador Nicholas Platt has said he is confident Washington and Manila will reach an agreement allowing American military bases to remain in the Philippines. “We’ll work out some kind of an arrangement,’’ he told reporters after meeting
      Reuter,; AFP.  -  324 words

  • COMMENT/ Pick of the week’s editorials
    • 693 12 AUG 9. 1990 CONFUCIUS said that a child at 15 sets his mind on wisdom. At 30. he stands firm. At 40. he is free from doubts. At 50, he understands the laws of Heaven. At 60. his ear is docile. At 70. he could follow his
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    • 638 12 AUG 7. 1990 THE recent announcement by Education Minister Tony Tan to upgrade primary education has signalled the arrival of a new phase. His concluding remarks at the Schools' Council mooting on July 28 gave an indication not of any major shift in policy but of closer attention
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    • 624 12 July 31. 1990 WHAT began as exploratory initiatives to set up an Asia-Pacific Economic Co-operation forum in Canberra last year was given a boost in Singapore last week. The questions and fears raised during the Canberra meeting appear to have been resolved at the two-day forum
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    • 787 12  -  Viewpoint By G. M. Spencer I AM responding tc Cheng Shoong Tat’s article, The Post-Red Era Battle Of Values Has Just Begun (The Sunday Times, July 22). I do not see why, if individualism and communitarianism are to be
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  • FEATURE
    • 1133 14 The first batches of national servicemen began marching out into civvy street in 1969. They were two years older, tougher and wiser to the ways of the world. But back in 1967, as recruits, they were innocents who knew nothing. Lau Siew Mei catches up with
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    • 344 14  -  12 years. LEE GEOK BOI. National service today and NS in the early days are not the same. The early experiences and hiccups led to modifications resulting in the full-time system that young men know today. Back then, there were such things as part-time NS and
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  • MONEY
    • 535 15  -  Impact of Iraq’s invasion of Kuwait By Leslie Yee TIIK Golf crisis should now hasten the expected slower growth of the Singapore economy this year, following recent signs of a slowdown in both the US and
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    • 634 15 But bleaker prospects next year if M-E crisis not resolved: Mah HAVING expanded by 8.4 per cent between January and June, the Singapore economy is expected to achieve the projected growth rate of 6 to 8 per cent for the whole year despite
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    • 70 15 THE stock market took one of its worst beatings on Monday as continued uncertainty over the situation in the Middle East and oil prices worldwide shattered confidence. The Straits Times Industrials Index plummeted 96.03 points to 1,415.02, its worst single-day
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    • 417 15 ANY transfers of the Kuwaiti government assets will now require the approval of the Monetary Authority of Singapore, said Finance Minister Richard Hu. on Thursday. Dr Hu, who is also the MAS chairman, said: "This is because we want to
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    • 293 15 SINGAPORE has about three months’ worth of oil stocks held by refineries and storage terminals here, and it could theoretically resort to these in case of a major disruption in oil supplies resulting from the Middle East crisis, industry sources said on Monday.
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    • 3166 16 TRANSACTION DATE: AUGUST 10, 1990 Qr’s itto Tel Last Vol Day Last Quote Olv Mel High Low Cod# Company Sale -or000 High Low Buyer Seller P/E INDUSTRIAL COMMERCIAL 277 191 X 1000 Acme 213 •9 63 224 213 212 215 290 165 1142 Alex Hldgs 50c 231
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    • 569 17 The weekly sharemarket review TRADING in the last week was entirely dominated by the situation in the Middle East. Dealers said that while they directly benefited from the high turnover of a volatile market, the outlook was dreary in the medium term. They
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    • 2209 17 TRANSACTION DATE: AUGUST 10, 1990 1990 Tel Last Vol Day Last Quote Grs Dlv Net High Low Cod* Company Sal* Of 000 High Low Buyer Seller V. PfE SESDAQ 157 112 S 4000 Amtek Eng20c 116 -4 21 118 115 116 118 6 ON 14 7 128 100
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    • 167 17 ST Industrials Index The Straits Times Industrials Index plunged 167.39 points on the week to 1343.66. DAY CLOSE TURNOVER Monday 1415 02 (-96 03) 103.27 m (J227 81 m) Tuesday *****8 (-54 54) 139 69m ($307 09 m) Wednesday 1375 72 15 24) 143 71 m ($312
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    • 681 17 Friday August 10 HKS Amoy Proparties 290 -0 075 Allied Overseas 0 81 unch Asia Sac Int'l 2 025 -0 025 Asia Sec War 91 040 unch Allied TW 0 #7 -0 02 Bond Corp Int'l 2 275 -010 Bond Corp War 91 0 97 -0 03 Bank 0»
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    • 319 18 THE tight labour market and prodding by the Government have led several eleetronies eompanies to embark on recruitment drives to increase their part-time production operators. In a survey carried out in May and June this year, the Singapore National Employers’ Federation (SNEF) found
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    • 407 18 Week ended Aug 3. Compiled by Business Times AUDITED RESULTS Cam (May Oat* Yaar Croup Nat Nat a*rnln|t Croat ana to profit/latt (L) par «Jura dividend COM) (caata) Murala lul 2? Mar 90 18.3091(20.9250 94 2(107 2) 30(30» 8 Sembawang lul 9 Mat 90 J13.454($6,793) 56 1(28 3a)
      Compiled by Business Times  -  407 words
    • 284 18 Plans to set up new cable links between the two countries SINGAPORE and Malaysia are holding talks to set up new digital and optical fibre cable links to cater for the growing telecommunications traffic between the two countries. These new links will also pave
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    • 358 18 JAPANESE contractor Shimizu Corporation has won a $334-million contract to build Ngee Ann City, an off» v-i mi m shopping development along Orchard Road. It clinched the deal, despite a lower $321 million rival bid by another Japanese firm, Takenaka.
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    • 165 18 Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1 7900 ***** Sterling pound 3 3360 3 4011 Australian dollar 1 4207 ***** Canadian dollar 1 5508 1 5860 NZ dollar 1 0655 1 1008 Singapore dollars to 100 units ot foreign currency Austrian
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    • 94 18 Contract data: 3/8/90 CURKNCV1 MTH 3 MTH 6 M7H 9 MTH 12 MTH CALL VALUE DATE USJ P/2 7% 7% 7% 7% 7 14/8/90 AJ 12% 12% 12% 13 13 12 14/8/90 m 13 13% 13% ,13% 13% 12% 14/8/90 STG 14 V, 14% 14% 13% 13%
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    • 231 18 THE National Computer Board and the National University of Singapore are setting up a national resource centre next year to help companies make use of supercomputer technology. Dr Tay Eng Soon, Senior Minister of State for Education, and chairman of the Committee
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    • 261 18 Manager's prices for August 11 13 Singapore Unit Trust The Commerce 118-1 26 The Savings Fund 0.99-1.05 S'pore Prog Fund 0 46-0 49 S'pore Sec Fund 0 75-0 80xd S'pore Invest Fund 0 82-0.87 S'pore Equity Fund Asia Unit Trust 056-0 60 Mai Invest Fund 166-176 Mai Prog
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    • 466 19 THE financial and business services sector retained its position as the leading growth sector for the second quarter of this year although its expansion slowed down from the first three months. The sector grew by 12 per cent between April and June.
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    • 583 19 Current Ex Books Date Total for Total for payment date close payable the year last year Ales rtdys 6% Aug 28 Sep 7 Sep 26 6% 6% AM» 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% AMtC 10% Sep 21 Oct 5 Nov 1 10% 7 5%(a)
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    • 452 19  -  Second Quarter Economic Survey Reports by Sivam Subramaniam and Kevin Lim THE flow of foreign investments into Singapore during the first six months of this year reached $1.2 billion, the highest half-yearly figure in seven years. For the year as a whole, the
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    • 271 19 Company Rights Issue Krta Kdas (KK) Offers for sale by or on behalf of Utd Engineers (M) Bhd of 25.2m shares by way of a rights offer to entitled shareholders of KK on the basis of ♦our-for-one (a M$1 25 each Ex-date Jut 20 Books close: Aug 3
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    • 514 20 IN ITS drive to exploit and reap the benefits of Information Technology (IT), Singapore has won the label of "Intelligent Island” from Britain’s most prestigious and longest-running science series, Horizon. The show, filmed by the British Broadcasting Corporation to give an in-depth television profile
      Picture taken off SBC.  -  514 words
    • 1178 20 With its economy currently booming, Johor is looking forward to even greater growth with the proposed Growth Triangle concept. Datuk Haji Mohd Ali Haji Hashim, executive director of the Johor State Eco- nomic Development Council (SEDC), sees many opportunities ahead.
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    • 367 20 SINGAPORE businessmen, who form the sixth largest investor group in Indonesia and the largest in Batam, have been urged to advise their Indonesian partners on international business practices. Indonesia’s Junior Minister of Industry, Mr Tungki Ariwibowo, who made this call on Monday, said
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  • Page 21 Advertisements
    • 783 21 The Straits Times Weekly Overseas Edition APPOI ISItTV/I lIBMIibs.:. I llllilßlll Singapae Institute of Standards and Industrial Research WE I ,<KC\ -A.VLI L-OLv. VL-LLI L-U.VU.LUi: 1 A key player in promoting development in Singapore, our prime priority is to make technology work for Singapore industry in order to give them
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  • Page 22 Advertisements
    • 1060 22 The Straits Times Weekly Overseas Edition A major offshore hank invites applications for the following positions: BUSINESS DEVELOPMENT OFFICER (AIRCRAFT FINANCE) JTic incumbent will assist in the specialised area of aircraft financing. The job will involve both marketing and the detailed analysis and presentation of financing proposals. In view of
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  • FORUM
    • 484 23 THE letter, ‘‘Time not yet ripe for a S’pore-JB MRT link”, by Mr Emmanuel Daniel (ST, July 28, ST Overseas, Aug 4), raised a number of salient points which merit consideration. While Singaporeans may appreciate the extension of the MRT into Johor Baru to
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    • 247 23 TWENTY-FIVE years ago, as a lad of I watched a man cry on television. Even then, I knew that this person was weeping for his country. A few days ago, I relived those moments which touched my heart so deeply, with one difference:
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    • 439 23 RECENTLY, I watched the documentary, Conceiving the Future. It was heartwarming to see Singaporeans, old and young, expressing their sincere aspirations for tomorrow. But it was a disturbing observation when the hearts and hopes of today were juxtaposed against military hardware.
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  • 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
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    • 143 23 MAJOR ISSUES 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.
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  • Page 24 Advertisements
    • 265 24 Engineering Takes The Frontline In Defence Technology. i Research Development Systems Acquisition Systems Maintenance Systems Design Systems Engineering Resource Planning Operations Analysis The Defence Technology Group (DIG) the technological arm of MINDEF now possesses the technology to keep complex defence equipment up-to-the-minute. Intelligently managed by a highly-knowledgeable and well-trained group
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