The Straits Times : Weekly Overseas Edition, 29 June 1991

Microfilm: NL19563
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
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  • Title Section
    Masthead
    21 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JUNE 29, 1991 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI (P) 71/8/90
    21 words
  • Article
    Singapore signs water pact with Indonesia
    767 1  -  Landmark agreement to provide water from Bintan for 50 years By Paul Jacob Jakarta Correspondent JAKARTA Singapore and Indonesia yesterday signed a landmark water agreement hailed by Jakarta as a new model of bilateral co-opera-tion. It covers the development of water resources in the
    767 words
  • Article
    MAS reviewing rules on credit cards
    434 1 THE Monetary Authority of Singapore is reviewing the credit- and charge-card business, including the current policy of issuing the cards only to those with a minimum monthly income of $2,000. Replying to a question in Parliament yesterday, Finance Minister Richard Hu said that the
    434 words
  • Article, Illustration
    A-G to subpoena 36 witnesses in Knight case
    722 1  -  Trial of ex-CAD chief starts in Oct next year By Gerry de Silva THE Attorney-General's Chambers will subpoena a total of 36 witnesses in its case against former white-collar crime-buster Glenn Knight when his trial starts in October next year. It will
    722 words
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  • NEWS FOCUS
    • Article
      Up to 4 NCMP seats for next election
      601 2  -  More NCMPs, higher campaign spending allowed By Zuraidah Ibrahim PARLIAMENT yesterday changed the election law’s to provide' for mom than three Non-Constituency MPs and to double the amount tha’ election candidates can spend on their poll campaigns. With the amendments in place
      601 words
    • Article
      Civil servants to get two months’ variable bonus
      412 2  -  By Tan Sung PUBLIC sector emoloyees can expect a variable bonus of two months this year an increase of three eighths of a month over the l*» months they received last year thanks to the econo mv s robust growth The Ministry
      412 words
    • Article
      SATS extends retirement age to 60
      180 2 EMPLOYEES oit Samrapore Airport Terminal Services (SATS) a subsidiary of Singapore Antilles, nan no* retire at (Hi if They are '‘medically fit and perform satistaclurily An agreement in extend the retirement age was signed between SATS man agement aad the SATS Work ers 1
      180 words
    • Article
      First weekend car driver fined
      361 2 THE first motorist to flout the rales of the weesend car acheme. which came into effect last month was brought to court yesterday. Businessman Teh Gun Koei. 37. was fined $4,490 after he pleaded guilty to a Registry of Vehicles sum morn for driving his
      361 words
    • Article, Illustration
      New 2-star general in SAF promotions
      395 2  -  3 other officers promoted to rank of general By NBaimrw V 1 W Uila THE Singapore Armed force» per a new twchboi; gewera when the Chief of Army. Brigadier-Gemma Ng Jtri Pmg. received h» promotion to ma.ior-peneraJ last mgbThere were also three nc* generals.
      395 words
    • Article, Illustration
      Major reshuffle of senior police officers expected soon
      430 2  -  Bjr EmpText IMO of Singapore s top pcs bee officers are expert re io take pp mem appointments a MpL The Straits Tones miuct that police Chief uf Staff. Senior Astasias: Ccnmrmmouer Khoo Boon Hbl will mane to the Criminal Investigation Department
      430 words
    • Article, Illustration
      Lock icon Danger dogs: PPD introduces new rules
      820 4 Aim is to force owners to act responsibly, prevent attacks THE Primary Production Department has introduced several new rules to force owners of dangerous dogs to act responsibly and ensure that their pets do not attack people Among other things, owners will have to
      aouren: Papa by Wbady Boorer Ttm Dog by DkrtdAMonos  -  820 words
    • Article
      Prof Koh: Time to get rid of bigotry against mentally ill
      627 4 THE Government should wage a campaign to remove public prejudices against tbr mentally ill but it show id first re-examine its own attitude towards mental health, urged Professor Tommy Koh In a “top-down” society like Singapore’s, this was one
      627 words
    • Article
      Film censors pass 8 'R' movies – only 3 suffer cuts
      514 4 Film censors pass 8 'R' movies only 3 suffer cuts WITH the implementation of the two-tier film classifies tion system just five days away, the first eight movies submitted under the new “R’\ or restricted, category have been cleared The Hoard of Film Censors announced this at a pres: briefing
      514 words
    • Article
      Gas and power to be privatised by early 1994
      461 4 THE restructuring of the Public Utilities Board (PUB) is expected to be completed in late 1993 or early 1994. when its electricity and gas operations will be privatised PUB’s water department, however, will remain under the control of a government body.
      461 words
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  • HOME
    • Article, Illustration
      Singapore welcomes free trade idea: PM
      549 3  -  By Tan Lian Choo Bangkok correspondent BANGKOK Singapore is keen to study Thailand’s proposal for Asean to establish a Free Trade Area and welcomes its move to submit the plan for Asean leaders to consider at their summit in January, Prime Minister Goh Chok
      549 words
    • Article
      Reservists to get choice of dates for fitness test
      555 3 FROM September, reservists in the Singapore Armed Forces (SAF) can choose a convenient date and time within a four-week period to take their physical fitness test. The new scheme, introduced for tests taken apart from the period of in-camp training (ICT),
      555 words
    • Article
      President Wee to visit Indonesia
      131 3  -  By PAUL JACOB. JAKARTA President Wee Kim Wee is scheduled to make an official visit to Indonesia next month, a senior Indonesian Embassy official disclosed in Singapore. Minister-Counsellor Achmad Kusumayudha told Indonesian journalists in an interview published here on Saturday that the visit, from July
      131 words
    • Article
      S’pore-based agency wins a gold in New York
      204 3 SINGAPORE-BASED advertising agency The Ball Partnership did itself proud in New York recently when it won a gold and two bronzes at the prestigious New York The One Show. The One Show is one of two top international advertising award shows and
      204 words
    • Article, Illustration
      Navy gets its first batch of women in combat posts
      592 3 THE Singapore navy has broken its all-male tradition by recruiting its first batch of women for combat vocations. Seven female non-commis-sioned officers who graduated as Naval Combat Systems Specialists (NCSS) have been put into posts which for the past 11
      592 words
    • Article
      PM singles out three domestic issues he will be focusing on
      378 3 BANGKOK Prime Minister Goh Chok Tong has singled out three main domestic issues close to the heart of Singaporeans which he would focus on in his first two years in office. These are: a programme to moderate the car
      378 words
    • Article
      COE premiums at all-time high in six categories
      577 5 For first time since quota system started, figure of $12,000 posted PREMIUMS for vehicle certificates of entitlement (COEs) continued their upward swing this month, recording all-time highs in six out of eight categories. For the first time since the quota system started
      577 words
    • Article
      Non-transferable COEs: Trial system from Sept 1
      433 5 THE trial system for nontransferable Certificates of Entitlements (COEs) will begin on Sept 1, said Mr Goh Chok Tong on Sunday. He did not specify the kind of scheme or the duration of the trial period. During his first community visit earlier this
      433 words
    • Article, Illustration
      Lock icon A taste of Tang Dynasty life in Singapore
      136 5 THE gates to Chang-an city, 618-906 AD, will be flung open next January at the crossroads of Jalan Ahmad Ibrahim and Yuan Ching Road. When that happens, the cultural and commercial hub of a Tang Dynasty capital will spring to life. This
      retail shops. Picture by TAN SEAN ANN.  -  136 words
    • Article
      Nantah grads against plan to transfer alumni rolls
      637 5 THE 2,000-strong Association of Nanyang University Graduates is against the proposal by Dr Ong Chit Chung, the Government Parliamentary Committee (Education) chairman, to transfer the alumni rolls of Nanyang University (Nantah) graduates to the new Nanyang Technological University (NTU). Expressing its "unhappiness”,
      637 words
    • Article
      Malaysian alumni ‘no’ to NTU as alma mater
      249 5 THE Malaysian Nantah Alumni Association has ruled out the Nanyang Technological University (NTU) in Singapore as the alumni's alma mater. It has also laid down three conditions which it says the Singapore Government will have to meet if NTU wants to gain
      249 words
    • Article
      SIA films offer choice of 2 languages
      189 6 PASSENGERS of Singapore Airlines now have a choice of watching inflight movies in English or one of three other languages French. German or Japa nese. This dual-language facility which began on June 5 is available on all SIA 747 jumbo jet flights which
      189 words
    • Article, Illustration
      Aussie headmaster to be new SJI principal
      566 6 Current head retiring at year’s end SAINT Joseph's Institution, one of the pioneer indepen dent schools here, will have a new principal and deputy next year Brother Paul Rogers. 41, an Australian and principal of St Michael's College in Adelaide, will take over
      566 words
    • Article
      Singapore to get hospital for children in 4 years
      417 6 SINGAPORE is to have a children's hospital in four years, as part of a govern ment move to provide better medical care for mothers and infants. Dr Aline Wong, the Minister of State < Health), said this at the opening of
      417 words
    • Article, Illustration
      Haw Par Villa gets its millionth visitor
      296 6 THE one-millionth visitor to the Haw Par Villa theme park took a while to savour the attention. But once 66-year-old grandmother, Madam Koh Chew Heok. got going, she was game and even tried the heart-stopping Wrath of the Gods Flume Ride in which
      296 words
    • SNIPPETS
      • Article, Illustration
        Desert Shield toys hit stores in Singapore
        145 6 DESERT Shield toys on sale in Singapore are proving quite a hit with children. Operation Desert Shield was the United States-lod military operation in the Gulf that was launched after Iraq's invasion of Kuwait on Aug 2 last year. The toys, which resemble
        145 words
      • Article, Illustration
        Retired banker gets MBE
        128 6 A RETIRED Singaporean banker who donated his HKIGOO million (about SS140 million) collection of Chinese paintings to a Hongkong museum has received an MBK Mr lx»w Chuck Tiew, 81. was conferred the Member of the Most Excellent Order of the British Empire by Queen Elizabeth n
        128 words
      • Article
        S’pore aid for Maldives
        85 6 SINGAPORE will be sending rice, sugar and flour as well as medical supplies to the victims of the monsoonal rains which hit the Maldives last month. A press statement from the Foreign Affairs Ministry said that the aid was in response to an appeal from the
        85 words
    • Article, Illustration
      ‘S’pore’s survival assured by opening to the world’
      536 7 Nations that choose not to will come to grief, says ex-envoy SINGAPORE is forced by its smallness to he open to the world. But this, paradoxically, is the best guarantee of long-term survival for the country. It gives Singapore a tremendous competitive
      536 words
    • Article
      Hybrids could give major boost to pet fish exports
      450 7  -  By Julia Goh NOW that Singapore is known worldwide for its “designer" hybrid orchids, why not “designer'’ tropical fish next? Such exotic fish selectively bred for their unusual colour, fins and shape could prove to be an export success. Last year.
      450 words
    • Article, Illustration
      20,000 Angsana trees may die from killer fungal disease
      536 7 THE entire crop of Singa pore's 20.000 Angsana trees, one of the country's most common shady trees, is being threatened by a killer fungal disease. The latest outbreak of Angsana Wilt Disease has already killed 811 trees and 2,121 others are
      536 words
    • Article
      ‘Want a break from the mainstream? Try voluntary work abroad’
      260 7 ONE choice for Singaporeans who want a break from the mainstream of life is to do voluntary work overseas, according to Pre-University Seminar panelists. Mr Simon Tay, who is helping the Singapore International Foundation (SIF) set up an overseas volunteer
      260 words
    • Article
      Seminar focuses on why S’poreans still lack culture, grace
      706 7 SO SINGAPOREANS are not yet caring, gracious and cultured. But what is to blame? Is it "the system” or the individual? This question emerged as the main bone of contention at a two-hour forum on the final day of the Pre-Univer-sity
      706 words
    • Article, Illustration
      Pasar malams to revive Toa Payoh, boost business
      465 8 A MOBILE open-air market is now being held four times a week at four different locations in Toa Payoh to revive this old-world activity and promote it as a tourist attraction. The aim is also to boost business in the town which
      465 words
    • Article
      More personal N-Day Parade this year
      254 8 “MY SINGAPORE" will be the theme of this year's National Day Parade (NDP '9l) to express the feelings of Singaporeans on a much more personal basis. A national relay run. involving representatives from all 81 constituencies, will be held to symbolise this theme. Giving
      254 words
    • Article
      War veteran Coupland, aged 70, dies of cancer
      259 8 NOT just a soldier but an active figure who rendered public service during World War II and after in Singapore.; This may well be how Major (Retired) Derrick John Coupland, 70. OBE. who died of cancer on June 18. will be remembered.
      259 words
    • SPORTSFRONT
      • Article, Illustration
        Singapore soccer needs cash, capable officials
        390 8 MONEY and more talented officials are what Singapore needs to raise the country’s soccer standard Cash because the Football Association of Singapore’s finances are low. Its bank balance will be even more depleted if it decides not to take part in the Semi-Pro League
        390 words
      • Article
        FAM ‘not likely' to invite clubs
        304 8 FAM ‘not likely to invite clubs SINGAPORE clubs are unlikely to be invited to play in Malaysia’s Semi-Pro league soccer competition. This is the view of Football Association of Malaysia general secretary Paul Mony in reaction to Football Association of Singapore president Hsu Tse-kwang’s recent suggestion that Premier league champion
        304 words
      • Article, Illustration
        Zhao, Foo are top seeds
        302 8  -  Badminton By Shirlynn Ho ON PAPER at least, it appears that China’s Zhao Jianhua and Malaysian defending champion have been given another chance at the men's singles title of the Konica Cup Singapore International badminton championships. World champion Zhao has been first-seeded in the list
        302 words
    • Article, Illustration
      Lock icon Catalytic converters for vehicles registered after July next year
      507 22 Earlier start date could be due to easy availability of unleaded petrol ALL petrol-driven vehicles registered in Singapore from July next year must be fitted with catalytic converters to comply with more stringent emission standards, Dr Ahmad Mattar innounced on Thursday.
      TtagnrgNg by TENC6 RUIZ  -  507 words
    • Article
      Clans told to take in more English-educated
      394 22 CHINESE clan associations must attract more bilingual and young English-educated clansmen *> join their ranks, a clan leader has urged. Mr Chua Gim Siong. sec-retary-general of the Singapore Federation of Chinese Clan Associations (SFCCA), said that when more young, bilingual clansmen join the
      394 words
    • Article
      Pillay panel suggests a Mendaki for Indians
      709 22 A HIGH-LEVEL Indian committee has recommended the formation of a Mendaki-like foundation to deal with the problems of the Indian underclass. Prime Minister Goh Chok Tong disclosed that the committee, the Action Committee on Indian Education headed by top civil servant J. Y.
      709 words
    • Article, Illustration
      LETTING HER HAIR DOWN
      106 22  -  Report and picture by Albert Sim MODERN-DAY RAPUNZEL: nah Masodi, 14, has been letting her hair grow since she was four. The 1.54 m-tali girl’s tresses now reach all the way to her ankles and would be even longer if mum Zaiton Jtman, 47, had more
      106 words
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  • MALAYSIA
    • Article, Illustration
      Bumiputras 'will not be neglected under new policy'
      402 9 FINANCE Munster Httnak Sen Anwar rbrihim has assured biuniputra business7itn dux "hey vouiii nut be neglected unite* the Nr* Developmanr Pdtury i VDPv «Inch lias nor set any Uvfirt m their participation in: the (Ntimumy The Malaysian Bert to Hunan quoted, him
      402 words
    • Article
      Johor must improve to gain from Growth Triangle: Muhyiddin
      241 9  -  world m§ iniD m«UL /OHOR 3ARL' Johor mime .mprove its infrastructural facilities if it wants tu trajoy the benefia of the Singapore,'otiur Riau Growth Triangle. Meutri Besar Tan Sri Vianvuidin Yassin nas mid. Step* mimr be tiuurn to improve the transport
      241 words
    • Article, Illustration
      Lock icon Thousands expected at Sarawak’s ‘Wedding of the Year’
      209 9 Bernama. KUCHING The marriage between the son at Chief Minister Tan Sri' Bap Abdul Taib WaSmmril and the daughter at Stole Minuter Da ink Dr George Chon, belled as Sarawak’s "Wedding of the Year", will be celebrated iu grand seyie. Mt Silaiman
      Bernama.; VST picture.  -  209 words
    • Article
      Johor may ask 25 sen for every 1,000 gallons of water
      452 9  -  By (Ahmad Osman in Johor Barn JOHOR BARU Johor may ask Singapore lo pay about 25 Malaysian sen (about S 16 cents) for every 1,000 gallons of water that the Republic will receive under the new water agreement signed
      452 words
    • Article, Illustration
      Lock icon RTM child TV compere and mum found battered to death
      373 9 NST KUALA LUMPUR An RTM children’s programme compere and her mother were found battered to death in their terrace house in Kampung Seri Budiman, off Jalan Kuchai Lama, here on Monday. Neighbours found the bodies of Intan Yusniza Mohamad Yunos,
      – NST  -  373 words
    • Article, Illustration
      Parliament adopts new economic strategy after a stormy debate
      746 9 KUALA LUMPUR The Second Outline Perspective Plan (OPP 2), which underlines Malaysia’s economic strategy for the next decade, was adopted by Parliament on Tuesday after a stormy debate and vehement criticisms from the opposition. National Front and Parti Bersatu Sabah MPs
      746 words
    • Article
      Johor may ask for study on impact of planned second link
      303 10  -  Johor State Assembly sitting By Ahmad Osman in Johor Baru JOHOR BARI’ Johor is discussing the possibility of asking the Federal government to study the socio-eco-nomic impact of the proposed second link between Singapore and the state. Mentri Besar
      303 words
    • Article
      Fishermen may soon be able to fish in S’pore waters
      139 10 JOHOR BARU Fishermen living in the Tebrau Straits in Johor would be allowed to fish in Singapore's territorial waters Mentri Besar Tan Sri Muhyiddin Yassin said this in a written reply to a question raised by state assemblyman Teu Si.
      139 words
    • Article
      Lock icon Business training only for selected bumiputras
      356 10 NST. KUALA LUMPUR The National Entrepreneurs' Development Corporation, set up last week to train bumiputra entrepreneurs, will be selective in choosing people for training. “You can’t just pick some bumiputras off the streets and start training them," said Tun Ismail Mohamed Ali, chairman of
      – NST.  -  356 words
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  • ASEAN
    • Article, Illustration
      Lock icon Work towards a new regional order: Anand
      499 10  -  By Tan Lian Choo Bangkok Correspondent BANGKOK As peace looks set to return to Cambodia, Thai Premier Anand Panyarachun has called on Asean countries to work towards a new regional order and said it might be time to expand the six-member group. But
      – Picture by ALPHONSO CHAN.  -  499 words
    • Article
      Smoking and prostitution should be ‘treated in same manner’
      155 10 A THAI Cabinet minister has compared prostitution with smoking and said both should be treated in the same manner. Minister in the Prime Minister’s Office Saisuree Chutikul said prostitutes, like cigarettes, should be campaigned against but not outlawed. “It’s like smoking.
      155 words
    • Article, Illustration
      New party backing Suchinda as next PM
      421 10  -  -By TAN LIAN CHOO. BANGKOK A new political party that backs Army Commander General Suchinda Kraprayoon as the next Prime Minister has formally applied for registration, according to recent news reports here. The pro-military party, Samakkhi Tham (Justice Unity Party), was warmly welcomed
      421 words
    • Article
      Govts should take on territorial issues: Murdani
      291 10  -  By Paul Jacob Jakarta Correspondent JAKARTA Governments must take on the task of resolving territorial issues because these were less likely to be completely settled if left to ad hoc committees and officials, Defence and Security Minister Bonny Murdani has said. He told
      291 words
    • Article
      Harmoko: Laws not aimed at stifling press
      141 10  -  By PAUL JACOB. JAKARTA Information Minister Harmoko has said that press laws in the country and regulations empowering him to revoke newspaper permits were designed to protect the industry not to restrict or stifle it. In a defence of regulations which journalists and
      141 words
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  • COMMENT/ Pick of the week’s editorials
    • Article
      The Indian challenge
      682 12 JUNE 27. 1991 ON THE face of it, the Indian community in Singapore is not doing too badly at all. By many socio-economic indicators, they are some way behind the Chinese, but streaks ahead of the Malays. Quite apart from a very successful minority at the top
      682 words
    • Article
      Enter the civic society
      646 12 JUNE 25. 1991 IN using the term “civic society” rather than the more usual "civil society" to describe the social institutions that lie between the state and the family, Brigadier-General (Res) George Yeo simultaneously broadened the concept and wove a couple of cautionary notes into it.
      646 words
    • Article
      Give value for money
      684 12 JUNE 24, 1991 GOING strictly by numbers, Singapore's tourist trade has not been hit too badly by the Gulf war. Hotel occupancy rates, admittedly, are way down from the heights they reached'a year and a half ago, when so many tourists were coming in that some
      684 words
    • Article
      Money makes the heart remain true to Singapore
      924 12  -  Viewpoint By Tan Sai Siong A STATISTICALLY-MIND-ED friend recently took out his crystal ball as people in the forecasting business are wont to do and saw something that made him almost fall over with gleeful anticipation. Singapore is in for 10 years
      924 words
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  • FEATURES
    • Article, Illustration
      Tang Wee Sung: A man of integrity
      1487 13 SIXTEEN years ago, a young man fresh from a Californian college education joined one of Singapore’s most conservative department stores and helped turn C. K. Tang into what it is today. Doreen Siow talks to Mr Tang Wee Sung, Managing Director of Singapore’s
      1,487 words
    • Article, Illustration
      Wicked Dick
      998 13 You simply cannot ignore Dick Lee. That consummate showman is everywhere in Singapore on television, radio, stage and in the cinema. Stefanie Yuen reports. WHEN he agreed to be interviewed, Dick Lee asked The Straits Times for a hair al lowanre to have his hail professionally styled, if
      998 words
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • Article, Illustration
      Lending a helping hand to Indians who are poor
      1260 14 Karmatic fixation, vicious cycle or loss of will? M. Nirmala finds out why a section of the Indian community is down and out. BEDS were broken. bedsbeets and c lothes strewn all over The glass top on the table was rrartsea
      1,260 words
    • Article
      TOILING FOR A BETTER TOMORROW
      344 14 mFHr Imdtmm* trimg to tmm rmm remtoJ Thus to Jatom Temtenm shared their theeghto with the writer. Working hard for the money A contractor and father of four 42: C suffer lot my children 1 work hard and all goes to my children 's education
      344 words
    • OFF-THERECORD
      • Article
        Which hotel? Raffles, Westin or Mechinta?
        152 14 In his inaugural National University of Singapore Society lecture last Thursday night. Brigadier-General (Res) George Yeo compared Singapore to a hotel. This prompted Mendaki's chief executive officer Zainul Abidin Rasheed to ask him what sort of hotel Singapore was supposed to be. “Is it
        152 words
      • Article, Illustration
        Outdated? No just updated!
        117 14 Participants and guests were startled when they saw a banner at a one-day seminar on Taoism and traditional Chinese culture on June 16 which boldly declared the year as 4688 Rubbing the eyes did not help. The Taoist Federation of Singapore, the organiser, believes in dating
        117 words
      • Article
        Check this out
        124 14 Mr Abdullah Tarmugi, MP for Siglap and First Deputy Speaker of Parliament, made a fashion statement at a recent forum on the role of youth in national development. A teenager, who went up to the microphone, was wearing a shirt with large black-and-white checks and a pair
        124 words
      • Article
        Passing the buck
        159 14 A team of students presenting a paper at the Pre-University Seminar has indeed learnt the fine art of passing the buck. They had just concluded an elegant exposition of Singapore's population policies, including an analysis of how the country could achieve a population of four million, which
        159 words
    • Article, Illustration
      No dual citizenship please, we’re Singaporeans
      1163 15  -  THINKING ALOUD Leslie Fong IS THERE a real need to review the settled policy of not allowing Singaporeans to hold dual citizenship? I suspect many Singaporeans, perhaps the majority, would prefer that the Government tread carefully because the risks of a change diluting the
      1,163 words
    • Article, Illustration
      Clan turmoil: Is there more to come?
      444 15  -  COMMUNITY WATCH Sunny Goh CAN modern-day clan members be expected to obey their leaders without qualm or question? Clan associations here would do well to ask themselves this after a recent rowdy extraordinary general meeting (EGM) of the Hainanese community. At the meeting
      444 words
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  • MONEY
    • Article
      Outlook for S’pore economy good: NUS economists
      527 15 THE outlook for the Singapore economy is good for the rest of the year, and will improve further next year, said three National University of Singapore economists recently With the major Western economies pulling out of a recession, economists Chow Kit Boey, Toh
      527 words
    • Article
      UIC sells property in Japan for $47m
      373 15 DEBT-PLAGUED United Industrial Corporation (UIC) has sold another piece of asset a property in Japan for about $47 million (3.7 billion yen). The deal was transacted on June 20 by a wholly-owned subsidiary, incurring an extraordinary loss for the group of about $2.3
      373 words
    • Article
      SES MAIN BOARD
      5394 16 TRANSACTION DATE: JUNE 28, 1991 1961 TM Lam Hqa Low Coda Company Sow -t orVat 000 Day ligh Low LaM Quota Gr’a OH Nat PIE j INDUSTRIAL A COMMERCIAL ?85 182 1000 Aetna 241 unch 37 241 239 239 241 10 ON 160 255 TOO 1142 AJax
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    • Article
      Share prices close lower in thin trading
      501 17 The weekly share market report THE stock market continued to be in the doldrums during the week, with share prices closing lower in thin trading. The Straits Times Industrials Index retreated further, losing 9.17 points to end the week at 1489,89. The broader
      501 words
    • Article
      DAY-TO-DAY STOCK INDICES
      148 17 ST Industrials Index The Straits fines Industrials bid» dropped 9.17 points on the mob to 1499.19. DAY CLOSE TURNOVER Monday Closed Tuesday *****9 7.17) 29 23m («68 29m) Wednesday 1502 59 10 70) 3313m («82 86m) Thursday 1494 12 (-847) 30 96m («72 57m) Friday 1489 89
      148 words
    • Article
      HONGKONG
      604 17 Friday Jun* 2« HKt Amoy Proport >•* 4 225 unch Alliod Oversoos 0 74 0.01 Asia Sec Inf! 1 820 -002 Asia Sec War 91 0010 unch Allied TW 080 unch Bond Corp Int'l 0 90 unch Bond Corp War 91 0 103 unch Rank ol EA 1680 +0
      604 words
    • Article, Illustration
      Simex may introduce new futures contract on regional stock indices
      405 18 THE Singapore International Monetary Exchange (Simex) may .ntroduce a nr» futures -on tract based on regional stock indices to provide iuno managers with another hedging tool Another possibility is jnger-term interest *ufutures contracts (or periods at over three months. Pjsc
      405 words
    • Article
      COMPANY RESULTS
      423 18 t-*-•nut ia*mraR a at RR «mm arosrsni rs «R w *»r <->- (-tn n "i a a»» «»>« omors sttmtanm r »r vmmm W» (ro)nt um&ann sn n ar if* a»a»iAai sn t: »i «UR (fZ/S Ifl)*» «■ana s «a ir a W «KMK tnera <«na>M* «a tt
      423 words
    • Article
      YOUR SINGDOLLAR
      163 18 Sir*Q*pof» doHart lo onm unrt ot taraign currency US ookar tkiym* 00 1.7490 Seine 1 7710 S'f'fwte pound 2 8339 2 9098 Ajsirahan jotor 1.3211 1 3690 XMV 1 5226 1 5576 hJ !SnkM 0 9989 1 0325 &M9t0ara daman lo 100 until o4 torMgn currency ILsinan icmmv
      163 words
    • Article
      ASIAN CURRENCY UNIT
      95 18 Contract date: S/S/91 crocT i urn SHIM S HIM 9 MIN 12 MIN CALI VALUE OAK JSS bH b-t 5*4 9*4 5-* 5 2/7/91 AS 9» 9-. 9W 9V« 9*4 8 2/7/91 VS 8W 8»» 8*4 8H 8V« 7W 2/7/91 STG 10*4 2CW 10-» 10 9*4 10W
      95 words
    • Article
      DBS Bank beefs up HK advisory ops
      250 18  -  By Mary Kwang DBS BANK is beefing up its Hongkong operations in view of its new role as adviser to the Government on the Republic’s investment thrust in the colony. The Straits Times has learnt that Mr Chia Teck Swee, a DBS Vice-Presi-dent
      250 words
    • Article
      Singapore’s trade continued to register steady growth last month
      461 18 SINGAPORE’S trade last munlh continued to register healthy growth, rising 11.8 per cent to $20.1 billion. Both exports and imports showed increases. In value terms, totai trade rose 8.6 per cent on a three-month moving average basis to $18.2 billion compared
      461 words
    • Article
      UNIT TRUSTS
      320 18 Manager’s prices for June 29 A July 1 Singapore Unit Trust I he Commerce 1.23—1.31 The Savings fund 1.04- i 11 Spore Prog fund 0 48 0 51 Spore Sec fund 0 84 089 Spore Invest fund 086 «9? id Spore Equity fund Asia Unit Trust 0 60-
      320 words
    • Article, Illustration
      Henen Advertising’s founder gives credit to Rotary Club
      294 19 Small-Scale Entrepreneur Award 1991 FOR advertising man Mr Henry Lim. winning the Small Scale Entrepreneur Award 1991 was the second boost he has received from The Rotary Club, which organised the competition Mr Lim, 51. also has The Rotary Club to thank
      294 words
    • Article
      DIVIDENDS ANNOUNCED
      1016 19 Carreat Ex Benin Date Tatat tar Tatat tor HR—1 date date paj—e the year last yearAana 5%T[ Mm 5 Mm 17 Mil 1 10%Tt Amed 25c m Mil 5 Jul 17 Jul 31 10% 10% MV NYA(e) Mm 19 Jul 4 Ai« 15 NYA 28c tea Pac Id
      1,016 words
    • Article
      Society looking into insurance against fraud for remisiers
      436 19  -  By Caroline Chan THE Society at Remisiers plans to introduce. by the end at the year, an insurance scheme to protect its members against fraud and lost scrip Mr Lee Wee Seng, its President, who announced this at the society's Annual General
      436 words
    • Article
      Dai-Ichi Kangyo sets up merchant bank in S'pore
      177 19 JAPAN’S Dai-Ichi Kangyc Hank (DKB) tne world's largest bank in terms at assets has set up a mer chant bank in Singapore even as its local joint-ven-ture merchant bank with overseas Union Hank is being dissolved. The joint venture, called Astan-Amencan Merchant
      177 words
    • Article
      APPROVED ISSUES
      97 19 I ilia;: I|!l j! iilll'sii A k N *i«ii mil S a Li! 111! i k a j! l*lg 111! 5 1 m Si Ji.f* fllll **1 III in sf ilii I jg a !i| ill ;J liiilj ill I i? 1 **i ft iUi llliili i! ii
      97 words
    • Article, Illustration
      Lock icon Company registration fees to be revised in July
      451 20 COMPANY registration fees will be revised from next month, making it easier to compute the amount that has to bo paid by all new companies and those which increase their authorised capital. The Registry of Companies and Businesses (RCB) said the fee
      Source: Registry of Companies and Businesses  -  451 words
    • Article
      Lee Khoon Choy made director of Metro and Transmarco
      189 20 A FORMER Senior Minister of State and diplomat, Mr Khoon Choy, 67. has been appointed a director of Metro Holdings and its trading arm, Transmarco. With the appointments, which took effect on June 17. he follows in the footsteps of other
      189 words
    • Article, Illustration
      Hilton negotiating with Hotel Properties for $30m renovation
      348 20 HOTEL chain Hilton International Co is asking the building owner, Hotel Properties Ltd, to renovate its premises in Singapore to maintain its five-star status In an interview with The Straits Times, Mr Oskar von Kretsehmann, Hilton’s Area Vice-President, said renovation is estimated
      348 words
    • Article
      All systems go for link to pipe Malaysian gas to Singapore’s Senoko station
      448 20  -  By Caroline Chan in Kuala Lumpur WORK has begun on the underwater pipeline which will supply Malaysian natural gas to Singapore from February next year. This follows the awarding of a M522.4-mil-lion (5514.20-million) contract in early March
      448 words
    • Article
      Gul Tech expanding in S’pore and KL
      275 20 PRINTED circuit board (PCB) manufacturer Gul Technologies Is aggressively expanding its operations locally and into Malaysia over the next three years in preparation for a public listing. Although the company hopes to be listed on the main board of the Stock Exchange of
      275 words
    • Article
      S’pore banks post huge profit jumps in Malaysia
      455 20 DESPITE the general slowdown caused by the Gulf crisis last year, the Malaysian operations of Singapore banks recorded huge increases in earnings because of the boom in the Malaysian economy. Posting the biggest percentage rise in profit among the three local Big
      455 words
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  • FORUM
    • Article
      Unfair to say local grads inferior to overseas ones
      527 21 1 READ with imprest the renewt debate on lota] v* oversea* graduates In mj vie»-, the cwmpar won* drawn fail to rroagmar thai thr typical local under graduate is likely to be dW terent from one Who has opted to go
      527 words
    • Article
      Have stiffer rules on leashes but muzzling is cruel
      496 21 REFEE to the repwn “Me» rules to control dan gei dogs" Sunday Times. June 28) In vie» of the problems 'aimed by dogs specific-all\ bred lot fighting. Titee the pit hull terrier, there may be justification tor some Of the measures
      496 words
    • Article
      More flowering trees will add colour to S’pore
      413 21 ON MAY 7, the sudden heavy flowering of a few angsana trees in my neighbourhood caught my attention. Driving from Upper Thomson to Ang Mo Kio, 1 noticed the same thing happening. Thinking that this might be an island-w’ide phenomenon. 1 took
      413 words
    • Article
      Child safety seats: Taxis should have them too
      197 21 3 UNDERSTAND that legislation is feeing considered to make it compulsory lor children —d infants to be restrained in safety seats wfeem being transported in pmaffle vehicles welcome such a move for -the protection df the young In this connection., it would
      197 words
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      156 21 RED WEEKLY The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities appointments... ■we 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 StraitsTLmes WEEKLY OVEttSEAS
      156 words
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      909 23 mmm. Singapore Engine Overhaul Centre (Pte) Limited (a member of the SIA Group of Companies) invites applications for the following appointment. ACCOUNTANT Degree in accountancy or accounting qualification recognised by the Singapore Society of Accountants. BONUS In addition to an annual wage supplement of one month's basic salary, employees may
      909 words
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      242 24 Chartered Industries of Singapore Electro-Optical/Optical Designs Electronic Design jul>j <>>•. A.». A JAMA*Control Systems Embedded Software MS Computer Engineering !y.y.* ».v »> C- ft M i r* v v.c*. A •v.v \v :.v. V.V. 5 “A V.V.* Reliability Engineering Communications Signal Processing i i*« l g i i i i
      242 words