The Straits Times : Weekly Overseas Edition, 14 September 1991

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 22 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, SEPTEMBER 14. 1991 Price: 551.20 (in Singapore) Elsewhere by subscription only MIT A (P) 33/8/91
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  • 887 1  -  Concept Plan to reshape Singapore in next 20 years 3y Leong Chan Teik SINGAPOREANS will witness massive and exciting changes in the physical landscape of the Republic as it runs the next lap of 20 years and beyond. The Concept Plan just
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  • 832 1 5-year R&D blueprint aims to propel republic into the big league THE Government has unveiled an ambitious fiveyear RAD blueprint the $2 billion National Technology Plan to propel Singapore from a newly-in-dustrialising economy (NIE) into the major league of a world-class in-novation-driven
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  • NEWS FOCUS
    • 906 2  -  Opposition MPs also present at Istana ceremony By Bertha Henson MR GOH Chok Tong and his new Cabinet were sworn in at the Istana last Saturday, one week after he had won his first General Election as Prime Minister. Holding up his right hand, he
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    • 577 3  -  Dr Tan: No major changes in near future; review of programmes to benefit all children By Sumiko Tan LABOUR and Second Education Minister Lee Yock Suan will take over as Education Minister when Dr Tony Tan steps down at the end of the
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    • 621 3  -  By daily life.” By Sumiko Tan. DR TONY TAN, the out-go-ing Education Minister, has assured the Prime Minister that he is prepared to return to public office if there is a pressing need for him to do so.
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    • 1039 3  -  He wanted to leave politics before ’88 polls By Bertha Henson MR S. Dhanabalan last Friday explained that his decision to resign from the Government was not a hasty one, and would not weaken the new Goh Chok Tong Cabinet.
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  • HOME
    • 552 4  -  By Warren Fernandez THE People's Action Party lost votes in the General Election on Aug 31 because many Singaporeans were unhappy about cost increases which were not captured by official data, an academic said last Saturday. Dr Lee Tsao
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    • 331 4 MANY undergraduates in the National University of Singapore believe that the opposition candidates fielded in the recent election were more credible than those who took part in previous polls. According to an opinion poll on the outcome of the election on Aug 31, they
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    • 833 4  -  MEET-THE-PEOPLE SESSIONS ARE BACK By Cephah Tan THE MPs’ meet-the-people sessions are back and residents in two constituencies on Tuesday night poured out their woes to their new MPs in different surroundings At Nee Soon Central, they met their new MP. Mr Cheo
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    • 530 4  -  By Sumiko Tan THE General Election results were a disappointment given Prime Minister Goh Chok Tong's popularity. Mr Lee Kuan Yew said on Sunday. "He was right to be disappointed because the voters gave him very strong signals, or he would not have brought forward
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    • 606 5  -  President Wee’s visit to China By Chua Chong Jin BEIJING At a meeting on Tuesday, President Wee Kim Wee told Chinese Premier Li Peng that Singapore welcomed China’s interest in promoting relations with Asean. He said this was an important
      IMoture by JACKY HO.  -  606 words
    • 516 5  -  Unexpected vote could lead to a head-on clash Committee to re-negotiate and ask for new deadline Proposed PUB takeover of SICC By By Tay Cheng Khoon SINGAPORE Island Country Club members are not prepared to hand over the club’s management to the Public
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    • 482 5 Visitor arrivals for June hit 445,000 the highest this year THERE is a strong recovery in Singapore’s tourism industry, with June visitor arrivals hitting 445,000 the highest monthly figure for this year. This represents a 8.7 per cent increase over May. It is also higher than any of the monthly
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    • 668 6  -  Changi Airport and SIA also rated highly in UK magazine survey By Serene Lim BUSINESS travellers around the world have once again ranked Singapore and its facilities among the world's best, according to a survey by a prestigious United Kingdom-based travel magazine Singapore,
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    • 364 6 THE ancient Egyptians used crocodile dung, their Arabian counterparts preferred the droppings of elephants mixed with honey, while renowned Italian lover Casanova advocated a half-lemon from which the juice had been extracted Somewhat bizarre, but those were the recommendations for family planning thousands
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    • 240 6 A FORMER Singapore Airlines pilot who went on a yachting trip was battered to death and his body thrown into the sea off Pulau Tioman on the east coast of Malaysia last week Several suspects were detained by Malaysian police shortly after the
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    • 352 6 TWENTY-ONE Singaporeans will be leaving to study in various British universities and polytechnics, thanks to commercial support for the Foreign and Commonwealth Office Scholarship scheme The 10-year-old scheme, which is run by the British High Commission, was relaunched as the Raffles Scholarships at the commissioner’s
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    • 180 6 RETAIL store tycoon Mr C. K Tang celebrated his 90th birthday on Thursday at a fitting venue his department store in Orchard Road Mr Tang started as a peddlar of hand-embroidered linen from China. Today, he is chairman of a $l5B-million public-listed company. Seated before
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    • 716 7 LOCAL books dominated the best-sellers' list at this year's book fair which ended on Sunday. Figures from the organisers of the Singapore International Festival of Books and Book Fair showed that all 10 best-selling books were written by local writers, suggesting that
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    • 531 7  -  Grown-ups confess to being glued to the little sets By Sharon Loh THE video game craze has hit Singapore like a ton of bricks. A little hand-held video game from Hongkong called Brick Game has got Singaporeans from the teens upwards hooked. “I used
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    • 441 7 PANTY hoses may be women’s wear but when it comes to smuggling, men have no qualms using them to hide their contraband from Customs officers. Women’s stockings were just one of the items in the paraphernalia of petty smugglers who think up of ingenious ways
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    • 202 7 BANDAR SERI BEGAWAN Singapore is to throw open its extensive military training facilities to Brunei. Singapore's Defence Minister Dr Yeo Ning Hong said this in an interview he gave on his departure after a two-day visit to the sultanate on Wednesday. “Singapore
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    • 432 8  -  By Ng Wei Joo THERE could be more dangerous World War n relics buried in Singapore as British troops and guns were deployed at several sites along the coastal areas of the island in the *****. Members of the public have
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    • 263 8 MOSCOW, Ixindon, Japan or Bangkok may appear attractive bat their picturesque postcard qualities hide shortcomings which one realises on closer scrutiny. Dr Ong Chit Chung, the MP for Buklt Batok and Parliamentary Secretary (Home Affairs and Labour), made this
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    • 292 8 MIRROR, the fortnightly government magazine explaining policies and programmes, will cease publication this month. Its latest issue announced the Sept 15 issue would be the last. The 26-year-old publication carries articles on government policies, local trends, customs and personalities. The
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    • 388 8  -  By Foo Choy Peng, Hongkong Correspondent HONGKONG Mr Li Ka Shing, reputedly Hongkong's wealthiest tycoon, has accepted an invitation to be a patron of the Singapore International School (SIS), which was officially opened on Monday. Mr Li was asked to be
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    • 431 9  -  Their job: To sort out 35,000 pairs of shoes for law suit By Audrey Wong FIFTEEN law undergraduates are spending their mid-term vacation sorting out 35,000 pairs of sports shoes in a dusty Jurong warehouse. They have been signed up by a law
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    • SPORTSFRONT
      • 479 9 Goal deluge ends long drought, Razali makes it a finals hat-trick SOCCER: PM’s Cup Kaki Bukit 6 Hong Kah 0 AFTER 19 long years the drought broke last Saturday night in thunderous fashion for Kaki Bukit at Toa Payoh Stadium. It romped home to
        Pictures by ALPHONSO CHAN.  -  479 words





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    • 163 9 •hi DEUVERED 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 WEEKLY
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  • MALAYSIA
    • 775 10 Bernama AFP, IHT, Reuter Kt’AI.A LUMPUR Malaysia is prepared to enhance bilateral military co-opera-tion with the United States but it will not enter into a new arrangement with Washington, Defence Minister Datuk Seri Naiib Tun Razak said on Tuesday. He added that
      Bernama; AFP,; IHT,; Reuter  -  775 words
    • 101 10 ferent city exits. Be mama KUALA LUMPUR Three men. masked and armed with pistols, robbed the Perwira Habib Bank branch in Bandar Baru Seri Petaling here of M 5176.906 (*****.681) on Tuesday The robbers held up five bank employees and a security guard
      ferent city exits. — Be mama  -  101 words
    • 425 10 Proposed second Johor-Singapore link Bernama. JOHOR BARU The memorandum of understanding for the proposed second link between Gelang Patah in Johor and Jalan Ahmad Ibrahim in Singapore was signed here on Tuesday. The signatories were Johor Mentri Besar Tan Sri Muhyiddin Yassin and Tan
      Bernama.  -  425 words
    • 169 10 MALACCA A 28-member Singapore Armed Forces team has topped the first Asean Armies’ Rifle Meet in Malacca which ended lasi Saturday. They clinched six out of seven pr!ze3 during the competition which began on Aug 30 at Terendak Camp. The team, lead by
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    • 241 10 KUALA LUMPUR Polling in timber and oil-rich Sarawak, billed as Malaysia’s most expensive state elections ever, will be held on Sept 27 and 28. Nominations will be filed on Sept 14. Election Commission chairman Datuk Harun Din told a news conference that results
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    • 296 10 NST. KUALA LUMPUR The Environment Impact Assessment report on the Kuala Lumpur Tower project at Bukit Nanas here has shown that the project will not cause major ecological disruption in the area, Project Co-ordinating Committee Chairman Datuk Mohamed Rahmat said. He added that
      – NST.; NST picture.  -  296 words
    • 474 11 Alleged artillery blast off Johor coast Bernama KUALA LUMPUR Malaysia is satisfied with Singapore's explanation that its armed forces were not responsible for the incident in which two artillery shells were reported to have exploded near a fishing village in Johor in lyActing Armed
      Bernama  -  474 words
    • 249 11 KUALA LUMPUR Malaysia Airlines (MAS) is to recruit more flight attendants with university degrees beginning this year, the Utusan Malaysia reported on Wednesday. The Malay-language daily quoted the airline’s customer service director, Datuk Sulannan Musa, as saying that the move was part of
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  • ASEAN
    • 546 11 MANILA President Corazon Aquino accepted defeat in her battle with the Senate to keep US troops in the Philippines as pro-bases senators disclosed plans on Thursday day to delay a decision on the issue until after the May 1992 national elections. "She
      Reuter pieture.  -  546 words
    • 111 11 AP, Renter. BANGKOK Air stewardesses should have beauty not brains, said the boss of Thai Airways International. The Nation newspaper reported Air Chief Marshal Kaset Roiananil, who Is a member of Thailand’s military Junta, the air force chief and president of the
      AP,; Renter.  -  111 words
    • 277 11 AFP Reuter. BANGKOK Three women from China described on Thursday how they were tricked into leaving their village and forced into prostitution in Thailand after a long trek through Myanmar. A Thai policeman has been arrested on suspicion of involvement in the
      AFP; Reuter.  -  277 words
    • 518 11  -  By Paul Jacob Jakarta Correspondent JAKARTA Indonesians will go to the polls on June 9 next year in the country's fifth General Election under the New Order government of President Suharto. This was announced last Friday by Home Affairs
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  • COMMENT/ Pick of the week’s editorials
    • 674 12 SEPTEMBER 14. 1991 SO THE deed will be done after all. After much rhetoric, the Philippine Senate looks dead set to symbolically “slay the American father image”, to quote Foreign Secretary Raul Manglapus. by refusing to ratify the treaty that would have allowed the United States to
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    • 665 12 SEPTEMBER 13. 1991 THE Concept Plan revealed this week for Singapore in the next 20 years and beyond is a concrete blueprint for transforming the ideas of the Next Lap into physical realities. The plan suggests how. by building on what has already been achieved under
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    • 657 12 SEPTEMBER 12. 1991 AS BEFITS a nation which has always considered itself great, France thinks big Virtually alone among the G-7 group of rich nations, it still advocates another Marshall Plan to help reconstruct the broken-down Soviet economy. Speaking during a visit to Moscow on Sunday, Finance
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  • 909 12  -  Viewpoint By Tan Sai Siong SAY “teacher” and what comes immediately to mind is a martinet who wields almost absolute power in premises where the young and impressionable sojourn for at least 12 years of their life Seen in the context of
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  • ANALYSIS
    • 1121 13 BT Bread-and-butter issues won the day on Election Day, Aug 31, not woolly ideas such as a more gracious society, the Next Lap or consultative government, writes AGNES CHEN IF it weren't so tragic, it would be funny. I'm talking about Singapore's educated elite liberals
      BT  -  1,121 words
    • 855 13  -  By Rutt«ll Heng OF THE columnists who rushed to print with their post-election analysis, one has drawn rather more attention than others. This was Miss Agnes Chen who wrote in last Tuesday’s Business Times decrying “woolly ideas such as a more gracious society, the Next
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2402 14 The results of the General Election on Aug 31 have generated more public discussion than the campaign itself. Han Fook Kwang examines the details for answers to some of the burning questions today. A GENERAL Election that was supposed to be without issues has now
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    • 1068 15  -  THINKING ALOUD I-eslie Fong WAS unhappiness over bread and butter issues really the main reason why many Singaporeans voted against the People’s Action Party in the general election on Aug 317 Clearly, some commentators thought so, claiming, with perfect hindsight, that it
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    • 703 15  -  POLL WATCH Bertha Henson LETTERS to The Straits Times Forum Page poured in after the election results were out. and are still pouring in. Hand-written or typed, semi-scientific analyses or an open letter to the Prime Minister, they all
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  • MONEY
    • 5404 16 TRANSACTION DATE: SEPTEMBER 13, 1991 Or's 1991 T*l Last Vol Day Last Quote Dlv Net Htoh Low Cod* Comptiiy Sale -or- ooohiah Low Buyer Seller P/E INDUSTRIAL COMMERCIAL 285 162 1000 Acma 200 unch 42 200 197 196 200 10 ON 13.2 255 180 1142 Alex Hldgs
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    • 455 17 The weekly share market report THE local stock market was largely featureless except for the spurt of activities on Friday when trading in Sing Land shares accounted for more than two-thirds of the total market turnover of 82 million shares. United Industrial Corporation had
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    • 153 17 ST Industrials Index The Straits Times Industrials Indei dropped 4.73 points on the week !o 1415.69. DAY CLOSE TURNOVER Monday 1421.00 (+0 58) 26.81m ($63 07m) Tuesday 1419 46 (-1 54) 26.80m ($55 27m) Wednesday 1417.93 (-1 53) 24 03m ($52 22m) Thursday 1417 93 (unch) 27
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    • 648 17 Friday Sapl 13 HK$ Amoy Properties 5 10 +0 125 Allied Overseas 075 unch Asia Sec int'i 1 61 -001 Allied TW 0 77 unch Bond Corp Inti 0 93 unch Bond Corp War 91 0.125 -0 005 Bank of EA 1R 90 Cavendisn 3 65 +0075 Cate de
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    • 328 18 THE Government is putting aside about $3.5 million over the next five years to establish a computer network, Tech Net. which will allow scientists and researchers to exchange information through their computers. Tech Net, which is expected to be operational next
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    • 530 18 AUDITED RESULTS C+MpMy Data Yoar Croup Not Mot oarnmgt Orate ann to profit/lot! (1) par tharo dividend COOO) «cental GP6 Sop 3 Mar 91 612 S46 610 239) 36 2(31 2) 17 6T6t—) Choc »>od &o| 29 Mir 91 M64 442 6963s 49(09) nhdp Au| 76 Mai 91
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    • 47 18 SINGAPORE Automotive Engineering Ltd (SAE), which balloted its public share offer on Wednesday, has announced that the allocation to successful foreign applicants had not exceeded the 25-per cent limit. There will therefore not be a reduction in the number of shares allocated to foreigners.
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    • 474 18  -  NSTB aims to attract 200 foreign scientists annually By Tan Sung THE new National Science A Technology Board (NSTB) aims to attract 200 foreign research scientists and engineers (RSEs) annually to Singapore over the next five years to build up the
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    • 174 18 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar I 6845 1 7050 Sterling pound 2 8952 2 9514 Australian dollar I 3143 1 3606 Canadian dollar ***** 1 5049 NZ dollar 0 9738 ***** Singapore dollars to 100 units of foreign
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    • 122 18 Contract data: 13/9/91 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USS 4 V. 4 V, 4 7 4’/4 4% 4‘/4 17/9/91 AJ 8 V. 8‘/j 8 ‘/4 8 '/a 8H 7 17/9/91 NZ$ 7 7 /4 8 8 8 7
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    • 311 18  -  By Gerry de Silva IN A reverse East-West transfer of technology, listed Singapore Aerospace (SAe) has been bringing over American workers from its new US facility to Singapore for training in aircraft maintenance at Paya Lebar. The first group of 17
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    • 331 18 Manager’s prices for September 14 16 Singapore Unit Trust The Commerce 119—1.27 The Savings Fund 102-1.09 S pore Prog Fund 0 «5-0 48xd S pore Sec Fund 0 76—081 S pore Invest Fund 0 84—0 89 S pore Equity Fund Asia Unit Trust 059-0 63 Mai Invest Fund
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    • 246 19 CHINATOWN Point has been given the green light by the Singapore Tourist Promotion Board to operate as the new Singapore Handicraft Centre Announcing this on Monday, Mrs Lau Li Chin, the leasing manager of City Developments, which owns the shopping centre at
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    • 142 19 NEWLY-LISTED Singapore Shipbuilding and Engineering Ltd (SSE) posted a pretax profit of $14.6 million for the first six months of the year, up 63.6 per cent. SSE said its performance was "in line with the expectations". Group turnover rose 6.1-per cent to
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    • 386 19 PROPERTY giant City Developments (City Dev) achieved sparkling results for the six months ended June, with pre-tax profit jumping 28.5 per cent to $37.96 million. City Dev, the listed property arm of the Hong Leong group, experienced a 45.6-per cent increase in
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    • 922 19 Current Ex Book» Date Total for Total for payment date close payable the year last year Alex HWgt 50c 61(b) Sep 4 Sep 16 Sep 30 61 61 A MOB 50c 351(b) Sep 13 Sep 27 Oct 25 351 251 Avimo 20c 51TE0) Oct 14 Oct 24 Nov
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    • 138 19 Company Rights Issue Idris Hyd Four-for-five MS0 65 per share Ex-date Jut 25 Boohs close Aug 8 Acceptance Payment Sep 17 Samanda Hdgs One-tor-two (g MSI 80 per share Ex-date Jut 30 Boohs dose Aug 14 Acceptance Payment Sep 25 Tat lee Finance One-tor-one $160 per share Ex-date
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    • 482 19 Company Rights Issue Am Pic Lind One-for-two < 0 M$065 pi' awe Muncf Tech One-for-one $100 pe» share Bolton issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bonds 1991 96 «nth 45 489m detachable warrants on the basis of $2 nominal amount of Bonds for
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    • 693 20  -  By Doreen Siow ANOTHER 11 sites totalling 24.43 ha will be released for sale by the Government over the next few months for commercial and residential development Five of the sites, totalling 14 78 ha. will be for
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    • 332 20 SINGAPORE Telecom will become a more aggressive regional investor, making better use of its $3.5-billion reserves now held mainly in fixed deposits, when it becomes a privatised entity early next year. Telecom chairman Koh Boon Hwee said there are a lot of opportunities in
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    • 330 20 Triangle takes 49 stake in Khamis’ Sentosa projects TRIANGLE Developments Holdings the buyer of Marina Village has flexed its financial muscles once again by taking a 49-per cent stake in Moroccan businessman Klyamani khamis’ Sentosa projects. Indonesian businessman Tjetty and former bank director Henry Wee, the owners of Triangle Developments,
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    • 482 20  -  By Koh Bee Ann SOON-TO-BE privatised Singapore Telecom has maintained its impeccable track record, showing a 12-per cent growth in operating income of $2.23 billion to pass the $2-billion mark for the first time. Operating expenditure grew a slower 7 per
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    • 719 21 The Straits Times Weekly Overseas Edition mil iA. CHASE O TECHNOLOGY AUDITORS THE CHASE MANHATTAN BANK, N.A., GENERAL AUDITING requires suitably qualified computer systems professionals to perform technology related audits, including the review of new systems in development, major systems enhancements and systems in production. Successful candidates will work closely
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    • 775 22 The Straits Times Weekly Overseas Edition THE PRINTING GIANT YOU WANT TO SUCCEED WITH. m ■> Successful candidates can expect competitive salary and benefits along with excellent advancement. T alo prospects for Please write In stating personal particulars, current and expected salary, qualifications and experience to: STARUTE PRINTERS (FAR EAST)
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  • FORUM
    • 287 23 GENERAL »PM ELECTION Ul SO FAR, the letters to the Forum page on the General Election nave not touched on one important aspect. While the PAP is able to Held new candidates with Impressive paper qualifications at each election, it has
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    • 554 23 PAP given biased feedback Ineffective dialogue sessions Opposition underestimated Ivory tower syndrome HERE are some factors that might have contributed to the PAP s poor performance. Biased feedback given to the PAP by the Singapore Broadcasting Corporation and grassroot organisations. The PAP
      554 words
    • 399 23 I REFER to the comment "How else is PM supposed to interpret the poll result 9 (ST Weekly Overseas Edition, Sept 7). A narrow and simplistic answer to that would be to say that the voters rejected Mr Goh Chok Tong’s open
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    • 317 23 1 MUST confess that, being a non-Singaporean I cannot fathom the Singaporean voters’ mentality. Singapore, under the PAP’s rule, has been delivered out of the quagmire of poverty, economic stagnation, and social and political unrest. But Singaporeans say that is not enough. Some Singaporeans
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    • 598 23 I DISAGREE with Mr Leslie Fong's column headlined “How else is PM supposed to interpret poll result?" (ST Weekly Overseas Edition, Sept 7). 1 appeal to the Prime Minister to put aside any doubts about his governing style and not read the election
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    • 316 23 IT IS quite clear that the opposition’s focus on rising costs struck a chord amongst voters. I attended a Workers’ Party rally where Mr Low Thia Khiang spoke at length on how rising costs were the fault of the PAP
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  • 619 24  -  I will temper hard-headed approach with soft touch, says PM Goh By Cherian George THE ruling party will take a hard look at the woes of poorer Singaporeans, Prime Minister Goh Chok Tong said on Sunday in his first public
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  • 277 24 THE departure of Dr Tony Tan and Mr S. Dhanabalan for the private sector will temporarily weaken the Cabinet, Mr Goh Chok Tong said on Sunday. But by showing that ministers can successfully return to the private sector, their moves may attract more individuals
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