The Straits Times : Weekly Overseas Edition, 1 June 1991

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JUNE 1, 1991 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI (P) 71/8/90
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  • 772 1 Council expects slower growth of 7 per cent THE National Wages Council added a "quantitative” touch to this year’s wage recommendations when it announced on Monday that the total wage increase should be lower than last year's 9.8 per cent. This is in line
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  • 476 1  -  By Sumiko Tan PRIME Minister Goh Chok Tong on Tuesday joined thousands of Buddhists to celebrate Vesak Day in a solemn ceremony at the Singapore Indoor Stadium marked by prayers, offerings, song and dance. Saffron-robed monks chanted prayers on a stage where a
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  • NEWS FOCUS
    • 664 2  -  Visits to focus on meeting S poreans and hearing their views By Bertha Henson THE Prime Minister is taking his style of participatory democracy to the ground by launching a new series of community visits starting tomorrow. Mr Goh Chok Tong will visit Ang
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    • 1048 2  -  Family, facilities and food keep 50 from emigrating By Serene Lim FAMILY, facilities and food. According to 50 Singaporeans interviewed by The Straits Times, these three factors, in order of priority, are what they find most appealing about their country. Other plus
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    • 416 2 FICTIONAL four-day video journey to the core of the earth with stops at each layer to see its structure in colour graphics. This novel way using Teleview in which secondary school students can learn geography was launched last Friday by Senior Minister of State
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    • 528 3  -  By Warren Fernandez SINGAPOREANS are likely to face fewer rises in the costs of public services this year and this should help keep inflation low, said Brigadier-General (Res) Lee Hsien Loong last Saturday. Stressing that the Government
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    • 514 3 Culprit turns out to be his neighbour WHEN Mr Daniel Ho Hock Chye’s six-month-old Hyundai was first badly scratched on its side, he thought it was the work of vandals. Then it happened again, and again. Even when he parked at a
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    • 406 3 Ministry says it has become outmoded THE 35-YEAR-OLD Van Kleef Aquarium will be closed from today a victim of Singapore's newest aquatic attraction, the Underwater World at Sentosa. The National Development Ministry said on Monday that with the concept and design of public aquariums changing
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  • HOME
    • 377 4  -  By Michelle Low COME December, when the time-based telephone call charging system comes into play, local users will need to pay less than what was originally proposed, now that Singapore Telecom has revised its rates. Not only have standard rates been reduced,
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    • 396 4 PASSENGERS on Singapore Airlines' long-haul flights will soon be able to make telephone calls or send faxes to any part of the world. With the Skyphone. they can also tap into an information service offering the latest financial, news,
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    • 305 4 MR WARREN Khoo. vicepresident of the I.aw Society, has been named a Supreme Court judge A statement from the Prime Minister's Office on Wednesday said the appointment by the President will take effect today “I feel honoured and privileged to be appointed, and I
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    • 263 4 SENIOR lawyer Michael Hwang will join the Bench as the seventh Judicial Commissioner to be appointed this year. Mr Hwang, 47. a partner of the firm Allen Gledhili, will be JC for one year from June 1 and will return to private practice after the expiry
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    • 512 4 HEALTH Minister Yeo Cheow Tong symbolically crushed a giant cigarette to set the mood for Sunday night’s Orchard Road Smoke-Free Party. Thousands of people turned up at what had been dubbed the "Ash-Free Bash", proving that one did not need cigarettes to have a
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    • 768 5  -  Junior and senior GPs will be paid differently By Felix Soh A TWO-TIER consultation fee scheme has been mooted in which general practitioners will be categorised as senior and junior GPs and paid accordingly. Aimed at getting GPs to charge “appropriate" fees, it was
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    • 398 5 A MALAYSIAN bus driver was sentenced to death by the High Court on Monday after he was convicted of trafficking in 220 g of heroin worth nearly $250,000 three years ago. The trial judges rejected the defence of Lim Ah Poh, 38, who
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    • 469 5  -  They say it is easier to build friendships By Siow Yu-Ming SOCIAL Development Unit (SDU) members are meeting in more intimate groups which are more conducive for building up friendships. Simple dinners, movies, and karaoke sessions for groups of four to six are popular
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    • 490 5 THE Singapore Institute of Management (SIM) has been quietly gaining a reputation as Singapore’s unofficial third university. In the last five years, it has tied up with foreign universities to offer two degree courses and four masters programmes, both part-time and full-time. Next year it is
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    • 491 6  -  Commissioning ceremony for missile corvettes By Dominic Nathan INVESTING in defence is a small premium to pay to insure the hundreds of billions of dollars that have made Singapore what it is today. Dr Yeo Ning Hong has
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    • 336 6 AIR-CONDITIONED dou-ble-decker buses can be expected on the roads, the Singapore Bus Service has revealed The company is looking into the possibility of bringing in air-conditioned dou-ble-deckers as it has already established that such buses are technically feasible. An SBS spokesman said
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    • 788 6  -  Navy’s Corvette Squadron is fully operational By of the “ping”. By Dominie Nathan. PING! Depending on the pitch of this sound, either a large whale or a nuclearpowered submarine may be lurking in waters nearby The distinctive highpitched sound is what sonar operators on navy vessels listen for
      Timesgraptiics by G CHANDRADAS  -  788 words
    • 167 6 A MAN suddenly undressed and lay naked on the East Coast Park beach while four teenage girls and their friends picnicked nearby, a magistrate's court heard on Monday. Lam Kam Hong, 34, was only wearing shorts when he sat on the
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    • 586 7  -  Chinatown hotel inside restored shophouses drawing visitors who want local flavour By Koh Bee Ann ON THE outside, the Inn of the Sixth Happiness looks just like another row of restored shophouses in Chinatown. But inside, the four-sto-rey building and an adjacent row of 14
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    • 412 7  -  By Leong Chan Teik TWO-YEAR-OLD Chen Ziyan, Singapore’s youngest liver transplant patient, died last Saturday, about 11 weeks after the operation. Her father. Mr Tan Shwee Te, 43, an electrical contractor, on Wednesday night said that she died a week after she was re-admitted
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    • 347 7 THE creative process is one in which the creator is struggling with both agony and ecstasy at the same time, Acting Minister for Information and the Arts George Yeo told students on Monday. Speaking at the opening of the Second
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    • 542 8  -  New walkways being built will be wider and have more colourful and lush tropical plants By Cephah Tan PEDESTRIANS will he rewarded for putting up with the digging and congestion now going on along Orchard Road and Scotts Road. New walkways being built there will
      Timesgraphics by SHAREAH MOKHTAR and; TIEN CHUNG PING  -  542 words
    • 366 8 THE girl who went into a coma and was unable to speak after being hit on the head by a motorised dinghy last month can now talk. Now out of her coma, she uttered the words xiao zhang" (Mandarin for "school principal”),
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    • 432 9  -  By Charmaine Chan AN OVERSTAYER from Malaysia assumed her Singaporean acquaintance’s identity after stealing her passport and then lived here, gave birth and even spent three years in jail as the other woman. For over seven years, Johra Komaise, said
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    • 574 9 SOME graduates of the former Nanyang University (Nantah) have suggested ways in which the new Nanyang Technological University can help them retain their historical ties with their alma mater. Commenting on a proposal to transfer Nantah alumni rolls from the
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    • 211 9 THE 65,000 members of the National University of Singapore alumni have been called upon to support efforts to make the university a world-class institution. NUS Vice-Chancellor Professor Lim Pin said last Friday that with the university’s plans to upgrade the campus
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    • SPORTSFRONT
      • 531 9  -  The Special Admission Scheme for Sportspersons By Shirlynn Ho NGEE ANN POLYTECHNIC has taken in its first batch of 16 athletes for the new academic year under a special admission scheme. The athletes, some of the Republic’s best junior and senior
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      • 240 9 SINGAPORE defeated Kedah 5-0 last Saturday to claim its biggest victory this season in soccer's Semi-Pro League Division One. The win at the National Stadium took the Republic to fifth place in the table. Chief striker Warren Spink hit a hat-trick, while
        Picture by JERRY SEH.  -  240 words






  • MALAYSIA
    • 645 10  -  ‘Nothing substantial’ discussed with Mentri Besar at meeting By By Kalimullah Hassan KOTA BARU Prime Minister Datuk Seri Dr Mahathir Mohamad dampened speculation that relations between the federal and op-position-led Kelantan state governments would become better following his meeting with Kelantan Mentri Besar Nik
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    • 232 10  -  By V. Vinod Writing for The Straits Times JOHOR BARU Several kelongs off Johor's east coast are believed to have been turned into weekend dens for gambling and prostitution. The authorities have received information that some kelong owners constructed cubicles in their
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    • 166 10 Be mama. WASHINGTON Malaysia will continue to send students abroad to staff its universities with qualified personnel in the various disciplines, DirectorGeneral of Education Tan Sri Abdul Rahman Arshad said. “Even if our universities are sufficiently staffed and our manpower needs are sufficiently
      Be mama.  -  166 words
    • 299 10 far better, he added. Bernama. JOHOR BARU Information Minister Datuk Mohamed Rahmat has criticised local freelance journalists who filed adverse reports on Malaysia for foreign publications and got rich in the process. And some of them kept their earnings overseas to avoid
      far better, he added. — Bernama.  -  299 words
    • 291 10 KUALA LUMPUR A woman was shot dead after she was abducted by five robbers who gatecrashed a birthday party in Sentul, near Kuala Lumpur, last weekend. The Star quoted police as saying that the 41-year-old woman, a guest at the party, had apparently
      The Star picture.  -  291 words
    • 275 10 HONGKONG MALAYSIA will consider an open skies policy for Labuan Island. its new tax haven, allowing flights from major financial and economic centres in the region, said Finance Minister Anwar Ibrahim. Such a policy would be discussed with the Transport
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  • ASEAN
    • 439 11  -  Lauda Air crash in Thailand By 'Tan Lian Choo Bangkok Correspondent BANGKOK Transport and Communications Minister Nukul Prachuabmoh has instructed airport authorities to begin compulsory X-ray checks on baggage for all airlines using Don Muang international airport. The move follows the revelation that cargo
      AP picture.  -  439 words
    • 276 11 -AFP. MANILA The world’s last Playboy Club has reluctantly shut down, closing a major chapter in the life of an American publishing and entertainment empire built on male fantasy. The Playboy Club of Manila said goodbye with a final, sentimental bash last
      -AFP.  -  276 words
    • 365 11 BANGKOK The Thai authorities are withdrawing the operating licence of a foundation which has been used as a front for the controversial religious movement, the Moonies. The Bangkok Post reported on Tuesday that the Special Branch Police had told the Local Administration Department
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    • 310 11 HONGKONG The Philippine government is suspending the rights of private employment agencies to recruit domestic workers for Hongkong in a bid to end the exploitation of maids in the territory, according to The Sunday Morning Post. Quoting an internal circular issued by
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    • 522 11  -  By Paul Jacob Jakarta Correspondent JAKARTA President Suharto appears willing to be nominated for a sixth fiveyear term in 1993 but has indicated that he does not want the process to “deviate from the Constitution”, according to a report. Mr
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  • COMMENT/ Pick of the week’s editorials
    • 639 12 MAY 31. 1991 THE National Wages Council guidelines this year have injected some much needed realism into the economic situation in Singapore. After the Gulf crisis ended, there had been a tendency to expect the best, a tendency encouraged somewhat by buoyant trade data
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    • 675 12 MAY 29. 1991 IN SOME respects. Singaporeans have taken to cashless shopping far more readily than might have been expected of what is still a relatively conservative country. The number of charge and credit cards issued to higher-in-come residents has grown so explosively in recent years as
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    • 673 12 MAY 27. 1991 WHY does Singapore want to privatise state assets? This may appear to be a curious question to ask as about every country in the world, including former communist ones, are selling state assets or getting out of businesses. However, it should be
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    • 855 12  -  Viewpoint By Sia Cheong Yew IT SEEMS like everyone is into networking these days. Browse through the dailies and one cannot fail to come across reports of such activity. Take the current demand for golf club membership in Singapore. While I have no doubt
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  • COMMENT
    • 965 13  -  By Sumiko Tan DAVII), a former colleague, has this to say about his alma mater, the National University of Singapore: “Everytime I drive past it, I want to spit.” His is an extreme view of NUS. But it is. in varying
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    • 814 13  -  By Doreen Siow NEW buzz words arc making their way along corporate corridors in Singapore and abroad following the Government's purchase of a 4.7 per cent stake in the highly diversified New Zealand-based Brierley Investments Ltd (BIL). Talk of "natural linkages” and “spin-offs”
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  • MONEY
    • 632 15  -  By S N Vasuki BT. AUSTRALIAN managers rendered jobless at home due to the difficult economic conditions are turning up in Singapore in search of jobs Executive search firms here told Business Times that in recent months they had been swamped with applications
      – BT.; Source: Australian Financial Review  -  632 words
    • 522 15 It will also launch a s4om plan to improve environment of 3 historic areas THE Government on Thursday announced plans to conserve more of Singapore’s older residential areas and a $4O-million programme to improve the environment of three historic areas. It also
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    • 386 15 IN THE face of overwhelming demand, the second phase development of the Batam Industrial Park (BIP) has taken off well ahead of schedule, and another 60 factories on about 100 hectares of land are expected to be constructed bv March 1993 Earthwork to
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    • 354 15 DUTCH electronics giant Philips is stepping up its research and development activities in Singapore and it will now also function as the management centre for new operations it is setting up in the Johor-Riau-Singapore Growth Triangle. This new thrust for Philips Singapore
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    • 272 15 Walt Disney opens Asean Hq here and raids 5 local firms WALT DISNEY Company opened its Asean regional headquarters here with a bang it got five local companies raided for trading in counterfeit Disney clothing. The company. Disney Consumer Products International (DCPI), took out search
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    • 5516 16 TRANSACTION DATE: MAY 31, 1991 Grs 1*91 Tol Last Voi Oay Last Quote Olv Net High Low Cod* Company Sale or- 000 High Low Buyer Seller P/E I INDUSTRIAL COMMERCIAL 285 162 1000 Acma 214 cd unch 85 216 213 214 215 10 ON 14 3 255
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    • 520 17 The weekly share market report The Straits Times Industrials Index finally crossed the psychological 1550 point barrier, despite the index having see-sawed throughout the week. During the week, the index gained 6.58 points to close at 1554.18. The Business Times-MGA Index also gained ground, rising 3.77
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    • 141 17 ST Industrials Index The Straits Times Industrials Indei rose 6.58 points on the week to 1554. IS. DAY CLOSE TURNOVER Monday 1541.49 (-6 11) 57.52m ($112 30m) Tuesday Closed Wednesday 1549 59 8 10) 68.01m ($148 07m) Thursday 1546 30 3.29) 6290m ($127 67m) Friday 1554 18
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    • 654 17 Friday May 31 MKt Amoy Properties <225 +0 075 Allted Overseas 079 0 02 Asia Sac Int'l 2.075 4-0025 Asia Sec War 91 0016 -0 003 Allied TW 086 -0 03 Bond Corp Int'l 096 unch Bond Corp War 91 0 124 -0 002 Bank ol EA 16 50
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    • 357 18 SINGAPORE companies are eyeing four investment projects worth US$l4 million <5524.5 million) in Vietnam. The four involve the development of a hotel, a tourist recreation centre. the setting up of a soft drinks factory, and the production and processing of marble
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    • 697 18 AUDITED RESULTS 1 Company Oita Year Group Not Not earning! Croat .inn to profit/lots (LI par tftare dividend (OOO) (cantt) AN 1 -'M Htd|S May 22 C«c 90 *3.320(16,4.2) 22 1(42 7) 10(10) Tat IN Bar» May 22 Coe 90 *22.652 (*22.S?9) 13.1(14 4) 8(8) at lee Fitanct
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    • 498 18 Engineering Division set to cash in on maintenance boom in Asia-Pacific region SINGAPORE Airlines' Engineering Division, already a regional powerhouse in aircraft servicing and maintenance, plans to carve a higger slice of the business in the Asia-Pacific region. It plans to boost
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    • 159 18 COUNTER RATES Singapore dollars to ono unit ol foraign currency Buying 00 Selling US dollar 1.7460 1.7710 Sterling pound 9756 3.0488 Australian dollar l 3048 1.3548 Canadian dollar 1.5160 1.5535 NZ dollar l 0060 1.0413 Singapore dollars to 100 units of foreign currency Austrian schilling 14 3727 14
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    • 121 18 Contract data: 31/5/91 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE USJ 5 '/4 5 V* 5 Vi 5 Vi 5 Vi 4'i DATE 4/6/91 AJ 9 '/4 9 ‘/4 9 Vi 9 Vi 9 Vi 8 4/6/91 NZJ 8 8 Vi
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    • 421 18 THE first-ever sale of restored properties in the Little India conservation area attracted many bids, although bid prices were relatively lower than those for similar properties elsewhere. Announcing the provisional results last Friday, the Urban Redevelopment Authority said a
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    • 300 18 Manager’s prices for June 1 3 Singapore Unit Trust The Commerce 1.27-1.35 xd The Sawmfrs Fund 1 07—1 14 Spore Prog Fund C 50-0.53 S pore Sec Fund 0 86-0 92 S pore Invest Fund 0 92—0 98 S pore Equity Fund 0 62—0 66 Asia Unit Trust
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    • 87 19 1. Managers' entrepreneurship, drive and responsibility Rank 1 HONGKONG 2 TAIWAN j 3-4 S KOREA THAILAND s| SINGAPORE I 6 j MALAYSIA 7 I INDONESIA 2. Adapting products for export 1 [HONGKONG _J 2 i TAIWAN 3 S KOREA 4 THAILAND I SINGAPORE 6 j
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    • 1324 19 Current Ex Books Date Total for Total for payment date close payable the year last year Aetna 51TE Jun 5 Jun 17 Jul 1 101TE Amal Steel 50c 101(S) May 16 May 31 Jun 7 10% 126% Boustead 50c 5%(l> Ap- 25 May 10 Jun 7 51 15%
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    • 549 19  - S’pore business climate among the best survey But some nagging doubts mar excellent findings By Kenneth James BT DATA from a world survey of business leaders shows Singapore’s business conditions to be the best among Asia’s more dynamic economies, but also raises questions about local constraints, attitudes, and short-term prospects.
      BT  -  549 words
    • 297 19 Company Rights Issue Alcorn One-for-two MSI 00 pe' share Issue of 10m Cumulative Redeemable Reference Shares (CRPS) o 4 MJ010 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ex-date May 30 Books close Jun
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    • 597 20  -  Employers also urged to hire more part-timers and spend more on skills training Raising retirement age to 60 By Ahmad Osman THE National Wages Council (NWC) has criticised employers in the non-unionised sector for dragging their feet over the extension
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    • 510 20 THE labour movement wants the Government to stop issuing work permits for foreign workers to employers who refuse to extend the retirement age for their staff. Only employers willing to allow workers to work beyond the
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    • 384 20 THE Government is preparing three intermediate development staging plans for the years 2000, 2010 and 2030 as part of its overall strategy to develop enough land for four million people by the turn of the century. Announcing this on Monday, National
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    • 404 20 SINGAPORE’S economic interests will be well served by its joining the proposed East Asian Economic Grouping (EAEG), a visiting American professor has said. Dismissing the free market model as an "old-fash-ioned Adam Smithian ideology that is abstract and
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  • Page 21 Advertisements
    • 678 21 Singapore Civil Service Your Ist Choice In Careers The Singapore Civil Service is looking for able and highly motivated graduates who are seeking challenging careers. If such are your qualities and aspirations, we invite you to apply for Division I appointments, some of which are highlighted below. The Job The
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  • Page 22 Advertisements
    • 829 22 mm m m 1 IMX SIEMENS NIXDORF We are one of Singapore's leading computer manufacturers Our high-quelity "point-of-sales" terminals for distributed retail systems are finding a wide application, locally and internationally And the scope of our activities is being expanded by phasing in more value-added products and systems In line
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  • FORUM
    • 573 23 MONDAY morning would seem a good time to go shopping if one wants to avoid the maddening weekend crowds. But on this particular Monday morning. I was surprised to see an unusually long queue at the neighbourhood department store. “Is Michael Jackson
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    • 317 23 A glut would encourage emigration to seek better prospects Reply: Quota on medical undergrads I REFER to the letter by Associate Professor Maurice Choo "Should one be denied personal choice of career?" (ST Weekly Overseas Edition, Mav, 18). Each year, over
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  • Page 23 Advertisements
    • 141 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 copied to us
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    • 175 23 T O m WEEKLY The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, whereever you may be. Subscribe now. And be in touch. The Straits Times
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  • 567 24  -  He faces 8 counts of cheating and graft Allegations involve resort project on Batam By Gerry De Silva GLENN Knight, the former crime-buster who prosecuted white-collar criminals for many years, on Thursday found himself in the dock facing three charges of cheating and attempted cheating, and
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  • 539 24 GLENN Knight faces a maximum seven-year jail term and a fine if convicted of cheating. He is also liable to serve a maximum 3 2 -year jail term for each of two attempted cheating charges. He faces three charges of cheating together
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  • 555 24  -  Call on Asean countries to explore new means of fostering closer economic ties By Salim Osman PRIME Minister Goh Chok Tong has called on Asean countries to emulate the European Community in fostering closer economic co-operation among the sixmember states. "Within Asean, all
    Picture by ALBERT SIM.  -  555 words