The Straits Times : Weekly Overseas Edition, 29 December 1990

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY DECEMBER 29. 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI (P) 71/8/90
    21 words
  • 777 1  -  By Zuraidah Ibrahim THE Government has set up a special task force to attract Malay Muslim talent from abroad to help the comnity catch up and also snarpen Singapore s overall international competitiveness. Revealing tms last Saturday. the Acting Minister for Information
    777 words
  • 254 1 AN AIR New Zeaiand stewardess. who keeps over 80 pets al home, became the 500 000th tourist to the zoo this >ear So sne was perfectly at home with the zoo’s Mai Ah Meng, who presented her with a bouquet of Towers. Mrs Paula
    Picture by Alphonso Chan.  -  254 words
  • 310 1 IN the strongest show of commitment yet to developing Singapore into an Environment City, a new division is being created in the Environment Ministry to map out strategies to achieve the target in the next decade. The Environmental Policy and Management Division
    310 words
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  • NEWS FOCUS
    • 461 2  -  By M. Nirmala YES. Edusave is for all the needy and the rich And no. it will not become a scheme for the rich to donate to the poor. This was Minister of State for Education Seet Ai
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    • 225 2 GARUDA hopes to start flying to Beijing in China via Singapore from April next year. The Indonesian carrier’s general manager for Singapore. Mr Djoko Judojono, said Indonesian and Chinese aviation authorities were discussing the move as China would have to give the
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    • 317 2  -  By Rohaniah Saini CONCERTS and sports tournaments are not the only events that can be held at the Singapore Indoor Stadium Some organisations have used it for dance events and private functions like dinners. The one-year-old stadium is suitable for wedding dinners,
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    • 229 2 IT WAS high noon and the heat was on. But Dr Seet Ai Mee coolly belted out the high notes with her rendition of Silver Bells. And with that Christmas tune, the Minister of State (Community Development and Education) received a pledge from members of Kebun
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    • 290 2 SINGAPORE is the first of five Asian countries to be featured in Asian Beat, a new, six-part video series for Japanese audiences. Six SBC stars, including Singapore’s Lux girl Zoe Tay, will feature in the production by Mr Koshuke Kuri, 34, of
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    • 577 3 The monk, 84, was found unconscious on the temple grounds THE chief abbot of one of Singapore’s largest Buddhist temples, the Kong Meng San Phor Kark See temple in Bright Hill Drive, died on Tuesday. A spokesman for the temple said
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    • 383 3 REGISTRATION number S 103 from ihe first generation of cars legistered in Singapore has been around a .on# time utmost 100 years. After having it for some 20 jears, its present owner Mr George Nee ankavi! 65 is selling it Mr Neelankav il the
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    • 427 3 THE scheme under which NTUC union members get a discount when they visit a select list of doctors is not unethical and is meant to benefit workers NTUC Assistant Secretary-General Goh Chee Wee said on Wednesday. He said the comments made by the
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    • 289 3 A FOLD in a kimono makes the difference between being dead and alive. And Singapore Broadcasting Corporation actress Madeline Zhu unfortunately picked the wrong fold when she wore the traditional Japanese costume for a publicity picture, published in The Straits Times
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  • HOME
    • 637 4 A FAMILY was happily reunited on Thursday morning. even though some family members were in Singapore and the rest, in America. Through video-conferenc-ing, the Booths, De Cruzes and Knotts, were not only able to exchange festive greetings but also introduce the latest additions
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    • 172 4 PRIME Minister Goh Chok Tong will be one of 10 Commonwealth leaders meeting in London next month to discuss the future of the organisation. To be chaired by the Malaysian Prime Minister. Datuk Seri Dr Mahathir Mohamad, the meeting will
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    • 252 4 A MOTORIST who installed a radar speed trap gun in his car to warn himself of police speed traps was on Thursday fined $l,OOO. Ng Khay Heong, 43, admitted breaking the Telecommunication Authority of Singapore Act by having fixed the electronic detector to
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    • 440 4 MR NATIONAL Day Parade, Joe David, will leave the Ministry of Education at the end of this month after 45 years of service. Among other things, he is remembered for his role in National Day parades having been actively involved
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    • 2234 5 My memories of Lee Kuan Yew by Ghazali Shafie The following article was published on Thursday in TRENDS, a monthly publication of the Institute of Asean Studies (ISEAS) distributed with The Straits Times. RAFFLES COLLEGE Singapore, in the pre-Pacifie War years was the only institution of its kind for higher
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    • 494 6  -  Safe, no side effects and reversible, says NUS doctor By Sandra Davie NORPLANT, a contraceptive recently approved by the Health Ministry, could well become a popular birth control method with Singapore women. Several women interviewed said they were keen to try the method,
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    • 392 6 THREE blocks of the former St Joseph's Institution, which is to be converted into a public art gallery by 1994. will be pulled down and replaced by new ones with a modem touch. But care will be taken to
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    • 328 6 A FORMER labour supplier was on Monday sentenced to five years’ corrective training when he pleaded guilty to cheating more than 40 Indian nationals in a job scam. A district court was told that Anandan Murtv. 35, was involved in
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    • 353 6  -  By Brendan Pereira A GHANAIAN has been arrested after 3 kg of heroin was seized from his suitcase the third time in less than two months an African has been caught for a drug offence. Customs officers at Changi Airport found the drug
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    • 761 7 A strong defence what S’pore needs at all times: Dr Hu This is the lesson to be learnt from Gulf crisis, he says THE lesson for Singapore from the Gulf crisis is that the Republic cannot afford to lower its guard but must always have a strong credible defence whatever
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    • 479 7 THE training that reservist officers undergo will help them succeed in the professional and business world. Speaking at the graduation of 36 officers at the Istana on Sunday, Senior Minister of State (Defence) Dr Lee Boon Yang said that as graduands
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    • 549 7 A 20-YEAR-OLD clerk, who said she misappropriated $120,000 because she "wanted to feel rich”, failed to convince a Judicial Commissioner that she spent all the money within six months. Mr S. Rajendran expressed scepticism last Thursday about
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    • SNIPPETS
      • 106 8 TWO young Singaporean musicians have been picked for the third annual Australian National Music Camp Association scholarships. Miss Yuen Mun Yu, 18. and Miss Chua Liang. 17, who are members of the Singapore Youth Orchestra, last Friday received their scholarships from the Australian High
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      • 192 8 SUNDAYS may be a lazy sleep-till-lunch day for most people but not for more than 900 people keen to learn Japanese As early as 4am on Sunday, some of them were already queueing up outside the Japanese Cultural Society at Middle Road to register themselves
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      • 94 8 CHINA'S first ambassador to Singapore, Mr Zhang Qing (below) presented his credentials to President Wee Kim Wee at the Is tana last Friday. A career diplomat. Mr Zhang. 57, served as a deputy director of the Asian Affairs Department in the Chinese Foreign Affairs Ministry
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    • 630 8 THE prices of Certificates of Entitlement for January have emerged the most stable since the vehicle quota system was introduced in April. The January prices varied by only between $2 and $4OO from the December ones, unlike the bigger fluctuations some of
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    • 335 8 GIANT computer-controlled lanterns featuring figures and scenes from Chinese folklore will float along the Singapore River during the Hong Bao special in February. These include a four-sto-rey-high lantern of fairy “Lady Ma'\ with her offerings of birthday peaches and wishes
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    • 207 8 ANOTHER major cosmetics company, Shiseido, has withdrawn some of its skincare products from counters in Singapore following a report that its products could increase the risk of cancer The United Press International reported last week that 16 skin and sunscreen products made by
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    • 105 9 THIS one is strictly for the birds. Or more specifically, penguins. It’s chow time and penguin-keeper Pauline Chin has her hands full feeding the little creatures their morsels of fish. The penguins are eating in style in their new $B-million Penguin Parade
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    • 454 9 Spin-offs from total approach, seminar told CLEANING up the Singapore River involved more than just work on the waterway. It was as much a multimillion dollar infrastructural exercise which featured the building of modern flats, new hawker centres and industrial estates. As
      454 words
    • 525 9 MORE graduates are now joining the Social Development Unit soon after graduation. Eight in every 10 of SDU’s 5,056 new members last year and this year were below 30 years of age. As a result, about 60 per cent of SDU’s
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    • 505 9 EIGHT international consultancy firms have been invited to submit detailed proposals for an underground road network. The Public Works Department, which is to construct an estimated $1.5 billion worth of road tunnels for Singapore, has asked the firms to submit their
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  • Page 5 Advertisements
    • 101 5 ADVANCE WORLDWIDE Private Investigation Security Consultants Pte. Ltd. (Singapore) Managed by a professional team of ex-poiice officers Licensed by b'pore Police Force to conduct Discreet Confidential Investigation WE DARE TO BE DIFFERENT BECAUSE WE ARE NO. 1 IN PROFESSIONALISM QUALITY. NO HIDDEN COST for Guaranteed immediate results on special package.
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  • MALAYSIA
    • 356 10 NST, ammunition. NST, Bernama. SUBANG Malaysia could become the regional maintenance centre for Hawk fighter jets. Defence Minister Datuk Seri Najib Tun Razak said. He said Airod Sdn Bhd, the state aircraft servicing company, will enhance its capability to undertake maintenance
      – NST,; ammunition. — NST, Bernama.; NST picture.  -  356 words
    • 161 10 Bemama. KUALA LUMPUR A member of the Spirit of '46, Ahmad Mokhtar Haji Mohammad. was charged in the Sessions Court here on Monday with extorting MslBo.ooo (55U0.520) from Defence Minister Datuk Seri Najib Tun Abdul Razak in return for non-distribution of a
      Bemama.  -  161 words
    • 640 10  -  By! By Kalimullah Hassan KUALA LUMPUR Umno's plans to expand to Sabah have hit a hitch over the question of who should lead the party at state level, Umno sources said on Wednesday. The sources said Umno president and Prime Minister, Datuk Seri
      640 words
    • 329 10 NST LONDON The Malaysian government will not amend tne Sedition Act t'' aliow more open discussion of matters relating to the rulers. Prime Minister Datuk Seri Dr Mahathir Mohamad said last Friday. “There is no need to amend the Act Decause
      – NST  -  329 words
    • 261 10 Bernama. AFP PENANG The High Court here was told last Friday that 14 condoms containing heroin were seized from a waist pouch worn by an Australian charged with drug trafficking five years ago. Michael Dennis McAuliffe, 35, a former bartender from
      Bernama.; AFP; Bernama picture.  -  261 words
    • 301 11 KUALA LUMPUR More than a thousand graduates have failed to repay government study loans although some of them now earn good salaries in highranking jobs, Malaysia's Berita Harian newspaper reported. The Malay-language daily quoted sources from Mara, the council
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    • 430 11 KUALA LUMPUR Musicians here, expressing shock and disappointment at the involvement of an increasing number of local artistes in drugs, have called for immediate action to purge the entertainment industry of "bad elements". Their call came as television drama actor Zulkafli Osman,
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  • ASEAN
    • 59 11 SURROUNDED by some of his children and grandchildren, Indonesia’s President Suharto hugs his wife Tien during their 43rd wedding anniversary celebration at the Cendana residence on Wednesday night. The celebration started with a prayer led by their eldest daughter, Siti Hardiyanti Rukmana. The Suhartos
      Indonesian Observer picture.  -  59 words
    • 168 11 JAKARTA Indonesian Minister of Defence and Security General Benny Murdani has dismissed allegations that measures taken by the government to deregulate the economy have only benefited big business. “Do not be misled by the view that the deregulatory measures have only benefited big business, foreigners,
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    • 397 11 AP. LAUSANNE (Switzerland) The Swiss Supreme Court has given its conditional approval to repatriate to the Philippines about US$350 million (SS595 million) “ill-gotten wealth”, allegedly channelled to Switzerland by Mr Ferdinand Marcos and his clan. In a decision published on Thursday,
      – AP.  -  397 words
    • 343 11 BANGKOK Industry leaders in Thailand have described the decision to raise the minimum wage from 90 baht (556.12) to 100 baht per day as a move that could hurt Thailand’s image as a competitive low-cost manufacturer, said The Nation in a
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  • COMMENT/ Pick of the week’s editorials
    • 705 12 DEC 28. 1990 PERHAPS it was just a slip of the tongue. If not. then Environment Minister Ahmad Mattar did himself and the Government injustice by the way he answered a question in Parliament last week on unleaded petrol. He had just announced that the Government would promote
      705 words
    • 626 12 DEC 27 1990 IN setting up a special task force to attract Malay Muslim talent from abroad, the Government has taken a decision which is creditable for a number of reasons. The move complements the wooing of talented Chinese, especially from Hongkong, and Indians, and
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    • 733 12 DEC 25 199 C IT IS customary at Christmas to remember peace. But such remembrance is not a mere ritual. Every year, events invariably occur to remind us of just how difficult it is to achieve peace, how fragile it can be and thus how hard people
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    • 735 12  -  Viewpoint By Russell Heng LAST Thursday, I took part in a seminar on how the newspapers here promote Asian cultures and values. It is easy to get bogged down with the definitions of what Asian values arc One familiar claim heard in Singapore
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  • ANALYSIS
    • 2386 13 Part 1 of a two-part series Poverty, detention, class struggles, reforms what did all this mean to some 1,000 villagers in China? Dr Goh Keng Swee reviews The Spiral Road written by Prof Huang Shu-min (published by Westview Press, 1989) about life in Lin village
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  • MONEY
    • 473 15  -  Latest statistics show $427m collected in first 10 months of the year By Steven Pak HELPED by soaring oi: onces as a result of the Gulf crisis and also the half-tank rule, the Customs and Excise Department’s takings in petroleum duty
      473 words
    • 196 15 HEARTENED bv its successful courtship of the Japanese and US futures brokers. Singapore s futures exenange is set to woo Europe in the coming year Mr Francis Yeo, recently appointed cnairman of the Singapore International Monetary Exchange, said Simex needed next to
      196 words
    • 307 15 TOTAL business spending in the services sector this year will exceed last year’s $3OO-million mark by about 15 per cent, said the Economic Development Board (EDB). At a press briefing on Thursday on the performance of the services sector last
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    • 511 15 THE local Information Technology industry has expanded at a slower rate of 20 to 25 per cent this year, weakened by softer export markets in the second half Although this year’s performance is a far cry from last year
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    • 581 15 SINGAPORE’S thousandodd dealers and remisiers are preparing for leaner times ahead with the impasse over the Gulf crisis stretching on and an impending worldwide recession almost certain to be felt by the second half of next year. The past year
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    • 3235 16 TRANSACTION DATE: DECEMBER 28, 1990 Grs 1 wo Tel Last Vol Day Last Quote Oiv Date High Low Cod* Company Sale or- '000 High Lew Buyer Seller Payable INDUSTRIAL COMMERCIAL 277 152 1000 Acma 161 •8 95 168 161 161 167 290 165 1142 Aie« Hiags 50c
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    • 527 17 The weekly share market report ON A holiday-shortened week, the Singapore stock exchange finished the year s trading with a whimper The three trading da vs this week were characterised Pv extremely thin volumes and featureless trading as the local bourse drifted sideways
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    • 2123 17 SESDAQ TRANSACTION DATE: DECEMBER 28, 1990 1 wo T*l Last Vol Oay Last Quote Or Olv N«t High Low Cod* Company Sal* Of000 High Low Buyer Seller P/E 128 80 269 Fui> 0«set20c 99* 90 100 10 ON g 8 300 124 1266 GB Hidgs20c '24 cd 122
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    • 150 17 ST Industrials Index The Straits Times Industrials Index fell 17.51 points on the week to 1154.48 DAY CLOSE Monday Closed Tuesdav Closed Wednesday *****9 1-17 10) 17.52 m ($38 44 m> Thursday 1160 54 5 65 17 48 m (129 44 m Friday 1154 48 (-6.06 24
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    • 678 17 Friday Dm 21 HKS Amoy P'ooortifl 3 75 •0 025 Allied Overseas 0 6t uncr> As a Sec in' Asia Sec War 9' Allied tv, Bond Co'P lot I Bond Co»D A a' 9' Bank o' EA Cavend'tn Ca'e at Co'a Century City COl Mote' COl Hotel Aar 9?
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    • 752 18  -  Oei sells the bulk of his stake to Indonesian tycoon for $291 million By Koh Bee Ann MR OEI Hong Leong yesterday sold the bulk of his controlling stake in United Industrial Corporation to Indonesian tycoon Liem Sioe Liong in a dramatic
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    • 320 18 Manager’s prices for December 29 31 Singapore Unit Trust The Commerce 1.13—1 20 The Savings Fund 091-097 Spore Prog fund 0 41-0 44 Spore Sec fund 0 72—0 77 S pore Invest Fund 0 76—0 81 S pore Equity Fund 0 51—0 54 id Asia Unit Trust Mai
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    • 542 18  -  By Doreen Siow VIETNAM is keen to attract more tourists, including Singaporeans. to bring in muchneeded foreign exchange but the country's poor infrastructure is hindering its plans. Ms Nguyen Thi Ngoc Lien, the Vice General Director of the state-run tourism board, Vietnamtourism,
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    • 286 18 SINGAPORE is fast emerging as a major metal trading centre, said the Trade Development Board's (TDB) chief executive officer, Mr Yeo Seng Teck, last Friday. Mr Yeo, who is also chairman of the Nat Steel Group, said that since Singapore was designated a port
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    • 561 18 Compfcd by Business Tams. AUDITED RESULTS C ompaay Data Year 6reap Nat Nat earalags Grass aaa ta prallt/leae (L) par share dlvtdasd (’ODD) (casts) 96 Cerebos Dec 14 lul 90 $38,911(833.777) 17 6(11 3a) 20Tfa(9TEa) liM Dec 13 lun 90 $1,418(8457) 43(15) 2(1) Nm* Ta Dec 11 tun
      Compfcd by Business Tams.  -  561 words
    • 161 18 COUNTER RATES Singapore dollars to on# unit of foreign currency US dollar 00 selling Sterling pound 3.2460 3 3257 Australian dollar 3080 i 3619 Canadian dollar 1 4757 1.5169 NZ dollar 0 9990 i 0170 Singapore dollars to 100 units of foreign currency Austrian schilling 15 9108 16.6351
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    • 93 18 Contract data: 28/12/90 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USJ 7 7 6% 6% 6% 7 02/01/91 M 10 10% 10% 10% 10 9% 03/01/91 NZ$ 9% 10% 11% 11% 11% 7% 03/01/91 STG 13 13'/» 12% 12 11%
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    • 322 19 S’pore economy expected to grow by 8.5 this year THE Singapore economy is expected to grow by 8.5 per cent this year 0.2 per cent higher than the earlier forecast by the Ministry of Trade and Industry. The latest update on economic growth was given last night by Mr Mah
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    • 434 19 But Japanese manufacturer insists that co-operation is ‘totally unthinkable’ UNITED Industrial Corporation’s (UIC) Oei Hong Leong has expressed interest in a “business tie-up” with the company he is currently stalking Japan’s fifth largest paper manufacturer. Honshu Paper Ltd. According to
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    • 361 19 THE founding directors of Electro Magnetic (S) have obtained an interim injunction to stop its main shareholders from releasing any information on the financial review of the company prepared by Ernst Young and filed in court last Friday. The injunction also restrains
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    • 223 19 A DIRECTOR of Pico Art International Pte Ltd was on Thursday charged with making a false declaration to the Stock Exchange of Singapore (SES). Chia Siong Lim, of Pico Art International, allegedly furnished false information in a statutory statement to the exchange on
      223 words
    • 809 19 Current Ex Books Date Total for Total for payment date close payable the year last year AISB 10%(b) Jan 4 Jan 18 Jan 28 10% 12% AMFP NYA Dec 14 Jan 3 Feb 15 NYA 28% Amal Steel 126%(b) Nov 29 Dec 13 Jan 21 126% 8%TE Amtell
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    • 202 19 Company Rights Issue Causeway Inv Three-for-four <5 $0 60 per share Ex-date Dec 10 Books close Dec 20 Acceptance Payment Feb 1 CMA Five-for-four MJ4.00 per share Ex-date Nov 23 Books close: Dec 7 Acceptance Payment: Ian 22 Emtex One-for-one <§, MSI 00 per sha'e Ex-date Nov 5
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    • 566 20  -  Deal with Takashimaya may yield retailer s27m in rental a year By Doreen Siow IXXAL retailer Metro Holdings Ltd is set to shrink its retail operations by giving up its prime space in yet-to-be-compieted Ngee Ann City at Orchard Road. Industry
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    • 457 20  -  By Kevin Lim MANY engineers in Singapore are unhappy with their jobs, with onethird of them frequently thinking of leaving their profession altogether, according to a recent survey on work stress carried out by two university lecturers. The results of the survey,
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    • 158 20 HOME DELIVERED WEEKLY ■X&Pg&sff’ ft, The Straits Times Weekly >* Overseas Edition. A crisp summary of happenings m Singapore. Politics, the economy, investment opportunities, executive appointments.... And smppets on Malaysia and Asean. A convement tabloid delivered to you every week, wherever you may be. Subscribe now. And be in touch.
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  • Page 21 Advertisements
    • 1048 21 The Straits Times Weekly Overseas Edition APPOINTMENTS IRON WORKS An established American manufacturer of oilfield drilling equipment invites applications for the position of: INDUSTRIAL ENGINEERS The successful candidates should possess the ability to plan and implement methods employed in the manufacturing process: establish routings and machining processes design of tools,
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  • Page 24 Advertisements
    • 421 24 *W' -m-':^':^ n ir> BE ON THE EDGE OFEMERG TECHNOL M: am rw V- V Wffi SINGAPORE V &> >f9a? K>/' N>7^F 'l.SjtjfiX*- :airi 'IBP* l "> •Vv 'i -TaT I H xmM it' .A** .m t ■V/ e ,*< S 3 v; An important and strategic function of Singapore
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