The Straits Times : Weekly Overseas Edition, 3 November 1990

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, NOVEMBER 3, 1990 Price: S$1.20 (in Singapore) Elsewhere by subscription only MCI (P) 71/8/90
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  • 1025 1  -  Report will be debated in Parliament on Friday Select Committee suggests added safeguard to Religious Harmony Bill By Bertha Henson THE proposed Elected President should have the final say on whether a person has mixed religion and politics or caused in-ter-religious strife, a high-powered
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  • 545 1 Mr Lee tells of his responsibility to Singaporeans PRIME Minister Lee Kuan Yew has said that his responsibility was to leave Singaporeans a system which works. Speaking in a television interview with a Hongkong station last Saturday, Mr Lee said his worry
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  • NEWS FOCUS
    • 828 2  -  RSAF ‘more than ready’ to have women fly helicopters By Mathew Pereira A REPUBLIC of Singapore Air Force pilot has become the first foreign exchange officer to be appointed commander of a United States aviation platoon The American superiors of Captain
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    • 186 2 THE Singapore Armed Forces will be conducting an air defence artillery exercise in Australia this month that will include the live firing of the Rapier ground-to-air missile. Codenamed Nulla Nulla 11, the exercise, from Monday to Nov 20. will involve 63 SAF
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    • 517 2 Exercise Golden Sand being held at reclaimed land off Nicoll Drive SINGAPOREANS can expect to see more soldiers out on military exercises near their homes and other areas outside the official training grounds. This is because, having given up many of the old
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    • 485 3  -  By Brendan Pereira GETTING a relative or friend from Malaysia to drive over here with a full tank in his car and then siphoning the cheaper petrol into your car may get you into trouble with the law. tinder the Customs Act, anyone
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    • 520 3 WASHINGTON President George Bush has praised Singapore for its strong support of the multinational effort against Iraqi aggression and the offer to give Americans enhanced access to military facilities in Singapore. These were examples of how Singapore’s foreign policy had contributed positively to
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    • 592 3  -  By Leong Chan Teik OFFENDERS sentenced to short jail terms for minor crimes may in future be able to opt to serve the imprisonment at home. An electronic device strapped to the ankle monitors if they stay at home 24
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  • HOME
    • 710 4  -  But PM Lee says they are modified to suit an Asian society PM at the Foreign Correspondents* Club in Hongkong Reports: Han Fook Kwang and Foo Choy Peng WESTERN institutions work in Singapore because Singaporeans were a transplanted people prepared to learn new things,
      Picture by Yoong Choon Hwa.  -  710 words
    • 542 4 THE influence of the Western media in Hongkong could be discerned in the style of some of its newspapers, said Prime Minister Lee Kuan Yew. In journalism, as in tennis or golf, there was a certain pace about it, and this, he
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    • 621 4 MR LEE Kuan Yew has said that he did nut need the Privy Council to decide on his libel suit against the Far Eastern Economic Review (FEER) because he had proven his case both in the Singapore court and
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    • 743 5  -  By Sumiko Tan THERE will be no reversal of the policy on bilingualism with English as the common language, Mr I>ee Kuan Yew said yesterday. He made this point when, in speaking to some 3,000 members of the Sikh community gathered for a special
      Picture by YAP Y’EW PIANG.  -  743 words
    • 546 5  -  By Brendan Pereira A COUPLE were found dead in a parked car at Upper Peirce Reservoir, the victims of carbon monoxide poisoning. Police, responding to a call from a member of the public that a couple were behaving suspiciously, found their car
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    • 508 6  -  Call for appropriate rewards to boost productivity and keep competitive edge By Mary Kwang SINGAPORE employers who want to stay ahead of the competition must reward their workers and pay them according to their contributions, said the First Deputy Prime Minister on Thursday.
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    • 587 6 TELEVISION and radio licence fees will go up for the first time in six years from next month. The increases, which will affect more than half a million radio and TV licenceholders. were to help defray the increasing cost
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    • 620 6 AN American serviceman was arrested after he scaled the fence of the Thai Embassy grounds and broke into the ambassador’s residence in Orchard Road early last Saturday. The serviceman, identified by police on Thursday as seaman Kelly Eugene Wiley, 20.
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    • 579 6 DR OW Chin Hock, Member of Parliament for Leng Kee, has taken three groups of Singaporeans to task for criticising this year’s Speak Mandarin campaign. The 12th month-long campaign, which ended on Wednesday, caused adverse reactions
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    • Article, Illustration
      551 7  -  Navy divers blow up clusters of underwater bombs near Pulau Brani By Mathew Pereira THREE loud explosions rocked the southern coast as underwater demolition experts from the navy blew up 13 World War II bombs they discovered in Selat Sengkir on Wednesday. The six-hour operation to clear the
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    • 244 7 SINGAPOREANS seem to lx* going for gold far more than Americans when it comes to credit and charge cards. (■old cards are seldom flaunted by mid-manage-ment executives in the United States, the “homeground” of credit cards. In Singapore, however, the proportion
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    • 577 7 TWO Malay students, Saifudin Hamjuri bin Samsuri and Mansoor bin Abdul Jalil, both 19, have won Public Service Commission scholarships to study in Magdalene College, Cambridge University. Saifudin, a humanities scholar in Raffles Junior College, left last month to pursue a three-year
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    • 419 8  -  By Leong Chan Teik SAY goodbye to the long dreary wait to board your flight and discover the wonders of science. A $400,000 attraction awaits travellers, especially the younger ones, at Changi Airport’s new Terminal 2 when it starts
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    • 463 8 Chow Dih lied to patients that they were very ill and needed help A DOCTOR has been struck off the medical register for cheating his patients and deceiving them that they were seriously ill and needed follow-up treatment. The Singapore Medical Council decided on
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    • 623 8  -  By Ng Wei Joo A NEW physical education programme aimed at building much stronger and allrounded students will be implemented in schools from next year. Under the scheme, students would ideally have bagged a bronze medal in a national physical
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    • 504 9  -  Camp on Pulau Übin can train 17,000 a year after revamp By Sandra Davie ADVENTURE land will beckon students and working adults when the $24million revamp of the Outward Bound School is completed in three years’ time. By then, the school at Tanjong Tajam on
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    • 341 9 SINGAPORE has just witnessed its first birth from a donor egg. Canadian Gail Kondratoff, 41, was unable to produce her own egg and used a donated one. The implantation took place at the University of California but the Kondratoffs came here
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    • 629 9  -  By Ng Wei Joo A TEAM of Singapore heart surgeons has performed four multiple heart bypass operations in Beijing at the invitation of a prominent medical institution there. The seven-member team led by Dr Saw Huat Seong carried out the operations at the Anzhen
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  • MALAYSIA
    • 784 10  -  All ministers who won in polls re-appointed with minor reshuffling By By Kalimullah Hassan KUALA LUMPUR Six new ministers are in the new Cabinet line-up announced by Prime Minister Datuk Seri Dr Mahathir Mohamad last Friday. He also announced the appointment of 11 new
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    • 460 10 PENANG Two Umno divisions here plan to table a resolution at this month’s Umno general assembly expressing uneasiness over what they railed palace Interference in politics. The Tanjung and -lelutong Umno divisions on Monday unanimously agreed that the resolution be tabled, saying that
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    • 571 10 Mahathir’s interview with Asiaweek PRIME Minister Datuk Seri Dr Mahathir Mohamad has said that leaders and voters in Malaysia would not allow him to fulfil his personal wish to retire when he is 65 years old on Dec 20. “My
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    • 303 11 JOHOR BAKU Former Deputy Prime Minister Datuk Musa Hitam would not be contesting for any post in Umno’s policy-mak-ing body at the party's general assembly on Nov JO, Johor Mentri Besar Tan Sri Muhyiddin Yassin said on Thursday. His announcement
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    • 186 11  -  By Ping Lin Writing for The Straits Times KUALA LUMPUR Singaporeans are spending about M 5163.8 million (SSIO3 million) in Johor Baru and other parts of Malaysia annually, mainly on shopping and filling up their petrol tanks. Johor state tourism and environment committee chairman Datuk
      Writing for The Straits Times  -  186 words
    • 226 11 NST. JOHOR BARU Johor Baru’s landscape will be changed dramatically when a massive Ms3oo-million (SslB6-million) commercial plaza is completed by 1994. Called the Best World Plaza, it will be the single largest investment in real estate development by the private sector in the
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  • ASEAN
    • 561 11  -  Bold moves to boost economic co-operation By Ronnie Lim BALI Asean Economic Ministers on Tuesday closed their two-day meeting here by sending out strong signals on the regional grouping’s firm stance on promoting freer flow of trade and investments not just within
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    • 538 11 JAKARTA President Suharto said Indonesia’s leadership succession should not be doubted, both at home and abroad. The Jakarta Post last Friday quoted him as saying that the right to determine who should be the next President resided not with him, but with
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    • 162 11 AFP. JAKARTA A prisoner who escaped from a police cell in the province of Aceh found himself stuck up a tree with a famished tiger waiting below before he was recaptured, the Antara news agency said on Monday. The inmate, a 40-year-old teacher held for
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  • COMMENT / Pick of the week’s editorials
    • 633 12 NOV 3. 1990 WHEN Mrs Corazon Aquino became President of the Philippines in 1986, she inherited an economy weighed down by inefficiency and corruption and a political system which, whether in its democratic or dictatorial incarnations. was essentially oligarchic. If this was bad for the centre,
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    • 643 12 Staying Asian and united OCT 31. 1990 SO MUCH anxiety and such misconceptions have been aroused by the Government’s proposal that Chinese be taught as first language to Chinese pupils in primary school that the recent clarification by Mr Goh Chok Tong is welcome indeed. A close reading of his
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    • 656 12 OCT 29. 1990 WHEN Singapore Telecom introduces its timerelated charges late next year, the one million phone subscribers in Singapore, which has the world’s third highest telephone usage per capita for domestic and international calls, will face a rather different way of calculating their telephone bills.
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    • 757 12  -  Viewpoint By Patrick Daniel Leaving passions aside, it was a fascinating debate that raged on last week over the Speak Mandarin campaign and the search for Singapore’s Asian soul. Even as Mr Goh Chok Tong, who takes over as Prime Minister in
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  • ANALYSIS
    • 1836 13 A debate is on over the status of Mandarin, brought into sharper focus by the Speak Mandarin Campaign and a Government suggestion that Chinese be taught as a first language in primary school followed by English as the first language in secondary school. First
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    • 2309 14 Analysing world economic growth from 1900 to 1987, a period which witnessed two world wars, decolonisation and industrialisation, is no mean feat. In the first of a two-part review of The World Economy In The 20th Century by Professor Angus Maddison (published by the OECD
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  • MONEY
    • 387 15  -  By Doreen Siow FOUR Seasons (Asia), a newly-formed joint venture between Canada's Four Seasons Hotel group and Hotel Properties Ltd (HPL), has mapped out plans to capture a sizeable chunk of the rapidly growing Asian tourism market, using Singapore as
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    • 507 15  -  Sites may be awarded to one or two developers By Lee Han Shih BT THE Urban Redevelopment Authority (URA) is likely to start selling land for the extension of the central business district into Marina South next year instead of in
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    • 349 15 CENTREPOINT Properties Ltd (CPL), currently the takeover target of a host of companies in the OCBC stable following the complex restructuring of its parent Cold Storage, looks set to take on a higher profile in property next year. Chairman Noel
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    • 213 15 PHILIPS Singapore is pumping in more investments and recruiting 230 workers over the next year even as its financial-ly-troubled parent company is shedding staff worldwide. Philips said on Tuesday that it was investing tl million in a 8,300-sq-metre warehouse-cum-distribu- tion centre to cater for its
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    • 3124 16 TRANSACTION DATE: NOVEMBER 2 1990 Gr's 1990 T*l Last Vol Oay Last Quote Olv Net High Low Cod* Company Sale Of* 000 High Low luyer Seller P/E INDUSTRIAL COMMERCIAL 277 152 X 1000 Acm* 173 -2 21 160 170 172 173 290 165 1142 Aim Hidgs 50c
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    • 478 17 The weekly share market report THE absence of fresh factor and continuing jitters over the Gulf stalemate led to a lacklustre performance on the stock-market this week. The market see-sawed throughout the week and registered its sharpest fall on Thursday over news of Iraq’s
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    • 2239 17 TRANSACTION DATE: NOVEMBER 2, 1990 Gr’s 1990 T*l Last Vol Day Last Quote Dlv Net High oc Low Cod* Company Sale *oc000 High Low Buyer Seller P/E UL 157 oil 86% PI t 4000 Amtek Eng20c 109 -5 21 109 104 108 110 12 ON 13 1 128
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    • 178 17 ST Industrials Index The Straits Times Industrials Indei fel 43.89 points on the week to 1131.10. DAY CLOSE TURNOVER Monday *****1 2.12) 29 25 m ($70 08 m) Tuesday *****3 (—12.28) 27.37 m ($63 68 m) Wednesday *****5 (-1088) 36 05 m ($52 66 m) Thursday 1133
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    • 687 17 Friday November 2 MKS Amoy Properties 3 425 0 025 Aihcd Overseas 0 73 unch Asia Sec InVT —rrer As a Sec War 91 0 22 -0 005 Allied tw 0 78 ♦0 02 Bond Corp lot I 1 64 ♦0 02 Bond Corp War 9' 0 63 ♦0
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    • 386 18  -  By Doreen Siow THE marketing of Singapore's largest property development, the $1.5-billion Suntec City project in Marina Centre, is expected to begin sometime during the first half of next year. Suntec City Development (SCD), which is developing the project, intends to
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    • 250 18 Compiled by Business Times. AUDITED RESULTS Company Year to Groop Not Not earning» Grot* profit/lot* (L| per tharo diridond COOO) (cent») loch Kenneth Dec 89 «S3 153(13.407) 764(826) 105(85) uoi Dec 89 $23 939(1/ 639) 5 7(09«) 3(09«) PRELIMINARY RESULTS CMiMny Voar to Group pro-tai Not earning* Grot*
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    • 543 18  -  By Steven Pak SLUGGISH air traffic growth, rising staff and fuel costs and the effect of a strong Singapore dollar have combined to clip Singapore Airlines’ (SIA) group interim pre-tax profit by 9.3 tier cent. For the six months ended Sept 30,
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    • 163 18 Singapore dollars to one unit ot foreign currency Buying OD Selling US dollar 1 6870 1.7120 Sterling pound 3 2746 3 3418 Australian dollar 1 3066 1 .3473 Canadian dollar 1 4394 1 4759 N/ dollar 1 0084 1 0435 Singapore dollar* to 100 units of foreign currency
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    • 99 18 Contract date: 2/11/90 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 7'i 7'/« 7'/. 7 6% 6% 6/11/90 AJ 11 V« 11% 113/a 11'/« 11'/. 11 6/11/90 NZS 13 13'/. 13'/« 13'/. 13 11% 6/11/90 STG 13»/« 13 12 12
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    • 357 18  -  By Kevin Lim GERMAN gold and silver refiner, Degussa Pte Ltd, is bullish about its prospects in Singapore and is preparing to expand its capacity in anticipation of larger orders, said its managing director, Mr Peter Bachem. For a start, it has purchased
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    • 289 18 Manager’s prices for November 3 5 Singapore Unit Trust The Commerce 108-1.15 The Savings Fund 0 88- 0 94 Spore Prog Fund 0 40-0 43 S pore Sec Fund 0 70—0 75 S pore Invest Fund 0.75—0.80 S pore Equity Fund Asia Unit Trust 051-054 Mai Invest Fund
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    • 342 19 Exxon proceeds with local project despite putting Scottish plant on hold THE development of a new US$3OO-million (Sssls- aromatics plant on Pulau Ayer Chawan is progressing as planned despite the stalemate in the Gulf and a worldwide recession looming on the
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    • 220 19 ABOUT 30,000 Hongkongers have been granted Permanent Resident status in Singapore since the liberalisation of immigration rules last year, but many in the colony are still reluctant to relocate here. Disclosing this. Ms A. B. Lau, manager of Temasek Management Services (TMS), said
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    • 873 19 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 5%TE(I) Oct 19 Oct 31 Nov 15 5%TE USB 10%(b) Jan 4 Jan 18 Jan 28 10% 12% AftMB 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) Antah 6%(b) Nov
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    • 346 19 Rule applies to scripless trading only SPC shares the first to benefit THE Stock Exchange of Singapore (SES) is allowing all investors to buy “foreign" shares of companies whoso foreign ownership limit has been reached, provided that they are traded
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    • 154 19 SINGAPORE will account for at least 10 per cent of the world’s production of colour television picture tubes and high-resolution monitor tubes in the next five years. Helping to contribute to this will be Sony's new $350million plant in Singapore
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    • 323 19 Company Rights Issue E/ntei One-for-one <£ MJ1 00 per share Ex-date Nov 5 Books close: Nov 19 Acceptance Payment NYA M Banking One-tor two Co M$5 00 per share Ex-date Oct 24 Books close: Nov 7 Acceptance Payment: NYA MB* Hdgs Nine-for-ten (a MS1.00 per share Ex-date Oct
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    • 418 20  -  Card saves time and does away with hassle of queuing up at checkpoints By Gerry de Silva EXECUTIVES who make regular visits to the Batam Industrial Park can look forward to an end soon to delays and procedures at Immigration check points.
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    • 226 20  -  By Kevin Lim THE eight-year-old Monorail. a familiar landmark on Sentosa island which serves as its internal transportation system, is set to undergo a multi-mil-lion dollar facelift. The Sentosa Development Corporation (SDC) is now calling for tenders to upgrade the Monorail system, which includes
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    • 427 20  -  By Caroline Chan LOCAL CONTRACTOR Lum Chang has again topped the Construction Industry Development Board’s (CIDB) list of the top 20 contractors by bringing in contracts amounting to $2BO million last year. Lum Chang also headed the CIDB list in
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    • 348 20 FOLLOWING a $6O-million swap deal, Singaporebased Britannia Brands Pte Ltd (BBPL) is set to become the largest biscuitmaker in New Zealand. Mr Rajan Pillai, a BBPL director, said his company has signed an agreement with Cadbury Schweppes to buy its Hudson
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    • 196 20 SINGAPORE Airlines has achieved a strategic breakthrough in the Chinese aviation industry by being only the second foreignowned airline to be given scheduled landing rights in Guangzhou, the gateway to southern China. SIA Senior vice-president Liau Nyuk Hoi said the
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    • 131 20 THE Singapore and Hongkong telecommunication authorities have signed a “No Accounting Arrangement” which now allows each administration to retain revenue on outgoing telephone traffic. Under a Memorandum of Understanding (MOU) signed on Wednesday, Singapore Telecom and Hongkong Telecom International will
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  • Page 21 Advertisements
    • 719 21 The Straits Times Weekly Overseas Edition ■p» VISIT CAREER FAIR I AND START A CAREER IN SINGAPORE SOON AFTER. There’s much you can achieve in Singapore with your talents. And be suitably rewarded as you develop yourself and your career in tandem with a vibrant and young nation. The big
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  • Page 22 Advertisements
    • 703 22 The Straits Times Weekly Overseas Edition APPOINTMENTS NOTICE ISK ISHIHARA SANGYO KAISHA ADVANCED BIOTECHNOLOGY SCHOLARSHIP PROGRAMME m shihara Sangyo Kaisha, Ltd, Japan has in 1989, established a Scholarship Fund for selected Singaporeans to undertake post-graduate studies or training attachments at selected institutes or faculties of Osaka University, namely, Institute for
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  • FORUM
    • 268 23 SOMETHING radical is taking place in Singapore and it is the privatisation of major essential services. The forerunners of this privatisation exercise are the independent schools and the hospitals. In the pipeline are plans to privatise Singapore Telecom, Public Utilities Board and the
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    • 423 23 Having been branded less-in-telligent (that’s what these ‘mono’ students believe) at such early age, they have developed a poor self-image. Many believe they were born hopelessly stupid, while others think if there is no future, why try at all?’ I WOULD like to congratulate
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    • 253 23 THE announcement by the Education Minister, Dr Tony Tan, of a proposal for streaming at Primary 4 and for a new secondary streaming system comes like a breath of fresh air after the public debate on the CLI (Chinese as
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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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    • 157 23 HOME DELIVERED WEEKLY K The Straits Times Weekly Overseas Edition. A crisp summary \P jW v^ V Vv^V'' of happenings in 1 Singapore. Politics, the economy, investment opportunities, executive appointments.... And snippets on Malaysia and Asean. A convement tabloid delivered to you every week, wherever you may be. Subscribe now.
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  • 822 24  -  By Zuraidah Ibrahim MR GOH Chok Tong yesterday revealed the final changes in the new Cabinet he will head as Prime Minister after Nov 28. Meeting the press for the third time in five weeks, he announced that Dr Yeo Ning Hong and
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  • 456 24 TELEVIEW, a $5O million information network bringing the Information Age to every Singapore home and office, was officially launched by Dr Yeo Ning Hong, Minister for Communications and Information, on Wednesday. The network which is the world's first videotext system with fine image
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  • 255 24 TELEVIEW equipment and user charges are geared to suit every budget, says Singapore Telecom. To gain access to Teleview, one can either modify his own personal computer or television set, or alternatively, purchase the P2OOO Intelligent Teleview Terminal. Telecom said the
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  • 621 24  -  By Paul Jacob in Bandung; and Ronnie Lim in Bali AS REGIONAL officials laid the groundwork for an important Asean economic ministers’ meeting in Bali last week, the visiting First Deputy Prime Minister Goh Chok Tong said in
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