The Straits Times : Weekly Overseas Edition, 26 October 1991

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition

  • NEWS FOCUS
    • 586 2  -  By Ng Wei Joo SINGAPORE is set to go big on designs and the impetus, according to Dr Tay Eng Soon, is not merely an artistic one. In an interview with The Straits Times on Monday. Dr Tay said the Government's
      586 words
    • 538 2 EIGHT of 10 obese recruits who went through the first five-month Basic Military Training (BMT) course came out healthier, fitter and able to play a combat role in the Singapore Armed Forces. Doctors who monitored the progress of the 156 successful
      538 words
    • 199 2 RECRUIT Lin Wei Ming comes to grips with the “flab gauge” an instrument that obese recruits in the Singapore Armed Forces luive become very familiar with since a special five-month Basic Military Training course for them was introduced this 1 year. His arms,
      199 words
    • 462 2  -  Friend injured after collision while slaloming By Elaine Tan A WATERSKIING outing near Seletar Island ended in tragedy when two skiers collided into each other. One was killed and the other injured in the accident, which happened on Sunday. Police said Miss Laurena
      462 words
    • 531 3 Streaming system for Primary 4 pupils THE Chinese Language Review Committee will submit recommendations to the Government next week on the controversial streaming system for Primary 4 pupils, Deputy Prime Minister Ong Teng Cheong said on Thursday. He said the recommendations were
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    • 367 3 THE recipients of the inaugural Lee Kuan Yew postDoctoral Fellowships, all from China, received their awards from the Senior Minister at the Istana on Monday. The three research fellows Dr Wen Long-Ping, Dr Yang Xiaohang and Dr Xie Min were
      367 words
    • 511 3 THE Singapore Chinese Teachers’ Union said on Monday that it supported the Government’s proposal to allow Chinese clans to run six to 12 Chinese primary schools. Most parents, the union said in a statement in Chinese, would welcome such schools because they
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    • 317 3 A NATIONAL credit transfer agency set up in Australia will make it easier for Singapore students studying there to transfer from one university to another. Professor Lee Dow Kwong, 53. the Dean of the Institute of Education at the University of Melbourne, said the
      317 words
    • 489 3 SINGAPORE Island Country Club memberships are being advertised for sale in the newspapers at prices as high as nearly $250,000 even before the memberships are offi-cially made transferable. Reasons given by most sellers who are selling include cashing in on the situation
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  • HOME
    • 266 4  -  Bertha Henson. HARARE The Government has plans to set up a new hospital that will be run along the lines of the old Singapore General Hospital in one or two years, the Prime Minister disclosed Wednesday. The Government
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    • 558 4 He confessed after substitution was discovered, says firm’s MD Pharmaceutical firm suspended for mislabelling pills THE pharmaceutical company which had its manufacturing licence suspended by the Health Ministry for mislabelling two types of pills said on Tuesday that an employee substituted one drug
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    • 357 4 WHEN Prime Minister Goh Chok Tong speaks, 17-year-old Lee Tung Jean listens. She decided to publish a collection of her own Chinese essays after Mr Goh Chok Tong encouraged prize winners to share their learning experiences with fellow students following
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    • 195 4 LONG after they have left school, old boys and girls of Penang Free School are still raving about their alma mater, which they say is the oldest in the region. Some 200 of them gathered at the Concorde Hotel to
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    • 296 4 THERE are plans to acquire more combat aircraft for the Republic of Singapore Air Force (RSAF) but these intentions have yet to be funded. There are also plans for a new fleet of modified Northrop Fss to take on the reconnaissance role of
      296 words
    • 118 4 SINGAPORE has reiterated its support for what it described as admirable efforts by the United Nations to preserve peace and enhance co-operation among member countries. “In particular, the UN’s role during and since the Gulf war has renewed the faith of member countries
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    • 671 5  -  Rates will be cut if most subscribers do not benefit Telecom revenue to be scrutinised Review of time-based system three to six months after implementation By Cherian George SINGAPORE Telecom will cut its rates in the controversial time-based charging system, if two-thirds of Singaporeans
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    • 507 5 THE Industrial Arbitration Court has criticised the Finance Ministry for insisting that 700 immigration officers must improve their paper qualifications if they want to benefit from a new pay scheme. It ruled on Monday that it was wrong for the ministry
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    • 373 5 THREE-JUDGE court on Tuesday upheld the High Court’s sentence of 22 years in jail longer than the years served for life imprisonment for a man who raped a 17-year-old schoolgirl and sexually abused a schoolboy. “We are unanimously of the opinion that you should
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    • 551 5 FLASHBACK: JUNE 30 A CABBY who ferried McDonald’s employees in the boot of his taxi from Chinatown Point was on Wedneday fined a maximum of $3,000 for doing this on three days. Tan Kah Hiok, 35, was a relief taxi driver
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    • 518 6 THE Government is reviewing a proposed people mover system for Sentosa. It was learnt that the Ministry of Trade and Industry is looking at traffic projections for the island to see if the system, which is expected to cost about $6O million,
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    • 198 6 A DIRECTOR of a transport company has paid for 26 out of 242 traffic summonses against him, a traffic court heard on Monday. Chua Chwee Huat, 46, is believed to be the first person to have chalked up so many summonses. The offences
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    • 461 6 Price war on S’pore-London route TRAVEL agents have been given a list of special fares to charge passengers for travel to London to clear the confusion in the market following an airfare war involving British Airways, Singapore Airlines and Qantas. The National Association of
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    • 330 6 AN SBC film crew stumbled upon a skeleton while preparing to shoot a sword-fighting serial near the Singapore River on last Friday night. An SRC light technician, Mr 1-ee Tai Seng, noticed the skeleton at about 9.30 pm inside
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    • 612 8  -  By Vivienne Khoo MORE than 1,200 Singaporeans are pursuing Master of Business Administration degrees, making the MBA the most keenly-sought postgraduate course here. The three main centres the National University of Singapore. National Technological University and the Singapore Institute of Management
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    • 660 8 WHEN pilot Gee Ling Ling. 19, beat several males to win top honours in the Precision Landing Competition at Seletar Air Base last weekend, someone said half in jest that she should think of becoming a pilot with Singapore Airlines Perhaps it
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    • 198 8 WILL the day come when there are too many MBAs in Singapore? Head-hunter David Lim, manager, executive recruitment, at KPMG Peat Marwick Management Consultants, said: “The market may overheat in the next few years, when MBAs become a dime a dozen.” Employers have high expectations
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    • 395 8 BEING young and “green” was no obstacle to 19-year-old Gee Ling Ling, who beat lawyers, doctors and businessmen in the Precision Landing Competition at the Seletar Air Base last Sunday. With slightly over a year’s flying experience under her belt, the Victoria
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    • 701 9 Cut-off age extended to include those born on or before Dec 31 THE Public Utilities Board and the Singapore Island Country Club’s executive committee have worked out a compromise, with concessions on hereditary membership, in an attempt to settle the differences between
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    • 426 9 MUSIC graduates from La Salle, Singapore's only music conservatory, will now have an “automatic right” to enter a top British polytechnic to complete the Bachelor of Arts honours degree in one year. The British Council announced last Thursday that Kingston
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    • 127 9 PRESIDENT Wee Kim Wee presenting new colours to a young Singapore Armed Forces subaltern at a colours parade on Sunday evening. Rain and dark clouds did not dull the new flags or the 80# smartly dressed SAF men as they went through their paces during the
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    • 505 9  -  League champion stands to gain $lOO,OOO and Ppols Cup winner $50,000 SPORTSFRONT By Joe Dorai A CASH bonanza awaits Singapore’s eight soccer clubs in next year’s two domestic competitions, starting with the Premier League on Jan 4. The Premier League winner, for instance, stands
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  • Page 7 Advertisements
    • 354 7 WE m M YOU IN SINGAPORE: *1 SCS-THOMSON SSlOgiSiSlllliCTiaSlM®* A NCB TECH SEMICONDUCTOR SINGAPORE PTE. LTD. S 3 DBSBANK m HEWLETT PACKARD Singapore Telecom cSP Seagate UNITED OVERSEAS BANK CROUP v m ■sfSgJ Singapore Technologies AND MORE Any one of them could be your future employer. Many would like to
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  • MALAYSIA
    • 215 10 No evidence to show event took place: Najib Alleged artillery blast off Johor coast NST KUALA LUMPUR The military authorities in Malaysia and Singapore have agreed to forget the “mortar bomb” incident in the waters off Gelang Patah. Johor, on July 28, according to Defence Minister
      NST  -  215 words
    • 388 10 Reuter, AFP. KUALA LUMPUR The United States Navy is considering Malaysia as a base for warship repair after the closure of Subic Bay naval dockyard in the Philippines, the command-er-in-chief of the US Pacific Command said on Monday Admiral Charles
      Reuter,; AFP.  -  388 words
    • 315 10 KUALA LUMPUR Malaysian went on a spending spree over the past 2 i years, splurging mainly on new houses, cars and consumer durables, thanks to the new wealth created by the economic boom. The Star newspaper reported on Sunday. A team from the
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    • 459 10 Govt fears new Aussie-made movie may hurt ties NST BRISBANE Worried that a new Australian-made film with a Malaysian setting may hurt the thawing relations with Malaysia, the Australian government has taken early steps to distance itself from it Australian newspapers reported that
      NST  -  459 words
    • 392 10 Syndicates flooding market with dangerous drugs: Megat i KUALA LUMPUR The Home Ministry had warned that certain countries might be using drugs in attempts to destabilise Malaysia, The Star newspaper reported last Saturday. Deputy Home Minister Datuk Megat Junid Mbgat Ayub said that
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    • 253 10 NST. KUALA LUMPUR An HO-year-old widow who was assaulted during a hreak-in at her house died on arrival at the general hospital last Friday an hour after two doctors refused to treat her. Madam Louisa Elizabeth Ameladas of Ampang •laya
      – NST.  -  253 words
    • 151 10 NST. KOTA KINABALU Malaysia Airlines (MAS) hopes to reduce its dependence on foreign pilots in five years when the flying academy in Malacca starts producing 200 local pilots a year. MAS personnel director Haji Kamalul Bahrain said the number of foreign pilots engaged
      NST.  -  151 words
    • 436 11 NST. PENANG The brain drain from Universiti Sains Malaysia (USM) has reached an alarming level resulting in a shortage of staff, according to its ViceChancellor, Datuk Musa Muhammad. He said on Monday that 50 of USM’s experienced academic staff had
      – NST.  -  436 words
    • 281 11 Bernama. JERAM (SELANGOR) The Selangor government was to build a multi-million dollar international university in Batang Kali, near Genting Highlands, Mentri Besar Tan Sri Muhammad Haji Muhammad Taib said on Sunday. The government had identified an 800-ha site for the university, he
      Bernama.  -  281 words

  • ASEAN
    • 444 11  -  Islamic financial body’s main aim to help small businesses By Paul Jacob Jakarta Correspondent JAKARTA In a move to involve Muslims at all levels in the establishment of Indonesia's first Islamic bank, President Suharto has invited Muslims to buy as many 1.000-rupiah
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    • 94 11 “Deep-fried sky prawns" to Thai gourmets is like the escargot to the French, fancy names for what some would find hard to stomach. Here a Thai boy holds a deep-fried grasshopper in one hand and a live one in the other before tucking into the dish.
      million a year. Reuter picture.  -  94 words
    • 320 11 JAKARTA Five days of rain has extinguished most of the forest fires that have been burning across East and Central Kalimantan, according to the Indonesian Minister of Population and Environment, Mr Emil Salim. But the fires were still smouldering in
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    • 196 11 AFP. CLARK AIR BASE (The Philippines) The Republic of Singapore Air Force contingent on Thursday ended a 12-year deployment in this volcano-dam-aged,’ United States-controlled milifety base. Thlje RSAF unit turned over to Filipino Brigadier-General Leopoldo Acot in simple ceremonies here its detachment near
      – AFP.  -  196 words

  • COMMENT/ Pick of the week’s editorials
    • 657 12 OCTOBER 26, 1991 INASMUCH as peace is the end of war, the accord on Cambodia signed in Paris this week deserves to be welcomed. But inasmuch as peace is more than the absence of war, the agreement merely makes peace possible in Cambodia: it does not achieve
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    • 651 12 OCTOBER 25. 1991 THE world’s largest common market took firmer shape this week, when the European Community (EC) and the European Free Trade Association (Efta) decided to form the European Economic Area (EEA). The EEA is an intermediate arrangement which will remove most tariff and non-tariff
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    • 656 12 OCTOBER 24. 1991 VIEWED whichever way, the Government has already made several concessions on the time-based rates which Singapore Telecom will introduce in December. The 1.5 cents per minute proposed last October is reduced to 1.4 cents. A further concession is given by billing the off-peak rate
      656 words
  • 785 12  -  Viewpoint By Sia Cheong Yaw WHERE expectations of the good life are concerned, people are basically the same everywhere rich or poor, they aspire for more than what they already have. This natural human trait was crystallised for me at a seminar
    785 words

  • FEATURE
    • 1590 13 Suntec City, the huge $1.5 billion complex being built in Singapore, is not going to be just another chrome and glass affair. It is shaped like a hand and incorporates powerful Asian elements such as the Indian mandate (circle) and Chinese yin and yang reports
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    • 657 13 Being the son of Hongkong tycoon Frank Tsao, the chairman of Suntec City Development, is a handicap more than a privilege, according to Mr Calvin Tsao. Tsao Junior. 38, who looks like a yuppie professor with his horn-rimmed glasses and bow-tie, is one of two partners
      657 words

  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2186 14 Are women in Singapore getting a raw deal from men? Warren Fernandez talks to Constance Singam, president of the Singapore Council of Women’s Organisations, who thinks so. WOMEN will be the key issue in the Next Lap. Mrs Constance Singam declares, flashing a smile
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    • 1029 15  -  THINKING ALOUD Leslie Fong Editors of the three Chinese newspapers in Singapore should bite the bullet and set a deadline for phasing out the use of pseudonyms, and not just in the letters they publish, but all opinion columns as
      1,029 words
    • OFF-THERECORD
      • 143 15 ACCORDING to Prime Minister Goh Chok Tong, there are lessons in politics which can be applied to golf. While on the fairways of the Harare Sports Club during a break from CHOGM deliberations in Zimbabwe, he told TV India that politicians must know just how much
        143 words
      • 180 15 MORE on the Opposition and media. Mr Chiam See Tong, addressing a lunch meeting of the Foreign Correspondents’ Association last Tuesday, seemed anxious to dispel any notion that his Singapore Democratic Party needed the help of foreign journalists He said Government restrictions on the foreign
        180 words
      • 94 15 THOSE who do not make it into the newspapers now have another, probably more enjoyable, way of hitting the front page. A new pub off River Valley Road, called (you guessed it) Frontpage, is making news with people in the media and communications business. Apparently, journalists, public
        94 words
      • 88 15 ONE was 58.07 years old, another 46.11 years and a third 23.05 years old. No, this is not a mean numbers game, but the ages of teachers in the St Andrew’s Junior School, as recorded in a list given to Deputy FTime Minister
        88 words


  • MONEY
    • 5596 16 TRANSACTION DATE: OCTOBER 25, 1991 Tat Qr's 1961 Curr Last Vol Day Leal Quota Div Me High LOW Coda Company Traded Sale +or'000 High Lew Buyer Seller P/E INDUSTRIAL COMMERCIAL 285 162 1000 Acma 209 xd -1 50 209 207 209 210 10 ON 13.8 255 180
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    • 470 17 The weekly share market report THE Singapore stock market experienced a mini-rally in the middle of the week, but the upturn could not be sustained as investors sought to take quick profit in the face of uncertainty from the Malaysian Budget to be announced on
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    • 157 17 ST Industrials Index The Straits Timet Industrials Met rote 30.47 points on the week to 1408.45. DAY CLOSE TURNOVER Monday 1387 84 9 86) 32.00m ($86.21m) Tuesday 1414 79 26.95) 86 09m ($175 08m) Wednesday 1424 58 9 79) 85 88m (3180.22m) Thursday *****0 (-5 18) 97.61m
      157 words
    • 408 18 LOCALLY-LISTED Singatronics has won the distinction of becoming one of the first companies worldwide to manufacture the highly-so-phisticated pen-based notebook computer a product that is only just beginning to find its way to stores in the leaaing-edge United States market. The
      408 words
    • 629 18 AUDITED RESULTS Company Data Vaar OrMp N#t Nat aaralRgi Gram aaa ta profit/lata (l) par thara dtvWaaO COOO) (canto) to iu Vita Oct IS lun 91 94 677(85.763) 799(338) 8(8) NT Oct 14 lun 91 *****373) 304 3(394 7) 190(150) knung iuM Oct 10 Apr 91 $419.*****711.1S91) 4(4)
      629 words
    • 169 18 COUNTER RATES Singapore dollar* to on* unit of foreign currency 1 Buying 00 SeKng IS dollar l 6780 1 6990 Sterling pound 2 9240 Australian dollar 1 3439 Canadian dollar ***** til dollar 0 9565 Singapore dollars fo 100 unite of foreign currency Austrian schilling 13 9867 14
      169 words
    • 114 18 Contract data: 25/10/91 i, CURRENCY 1 MTH 3 MTH S MTH 9 MTH 12 MTH CALI VALUE 'a M,! $44 j 4 1 29/10/91 uSS 4v. 444 4 V. 444 AJ l'/« 7V« 7 V. 7 V, <7v. T 8 29/10/91 m 7 7 7 7 7
      114 words
    • 438 18 NO THANKS to the stillshaky United States economic recovery, Singapore's troubled disk drive companies now say they do not expect to see a business turnaround until after the second quarter next year. Apart from some patchy signs of a business pick
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    • 338 18 REPRESENTATIVES from seven Japanese research institutes will be in Singapore for a special one-day Technology Market seminar next month to offer a wide variety of technologies to local companies for possible commercialisation. The seminar on Nov 28 represents the first time that overseas
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    • 348 18 Manager’s prices for October 25 28 Singapore Unit Trust Tht Commerce 1 19-127 The Savings fund 102-1 09 S pore Prog Fund 0 40—0 49«d S'pore Sec fund 0 77-0 82 Spore Invest fund 085—0 91 S'pore Equity fund 0 S8—0 62 Asia Unit Trust Mai Invest fund
      348 words
    • 271 19 FRASER NEAVE’S (F&N) proposed mega industrial park to be built next to its new corporate headquarters in Alexandra Road is expected to generate over $35 million a year in rental income for the group, the company said on
      271 words
    • 236 19 SINGAPORE Telecom on Thursday commercially launched the first locallydeveloped ISDN PC card, a product which it jointly developed with the National Computer Board’s Information Technology Institute, and Artel Technology, a Ssangyong Cement Singapore subsidiary. The new ISDN PC card will enable an
      236 words
    • 969 19 Current Ex Book* Date Total tor Total lor payment date close payable the year last ytar Aetna 5%TE(I) Oct 21 Oct 31 Nov 15 5%TE 10%TE A MOB We 35%(b) Sep 13 Sep 27 Oct 25 35% 2.5% Antah HM*s 50c 6%(b> Nov 21 Dec 5 Dec 24
      969 words
    • 240 19 NATIONAL carrier Neptune Orient Lines Ltd plans to raise $2OO million from a seven-year hybrid bond issue through private placement. Market sources said the bond issue will be the first in Singapore to have a mixture of floating rate and fixed interest structure Under
      240 words
    • 60 19 Company Bonus Issue HTP ttdgs One-for-two Ex-date Oct 11 Books close Oct 17 Company Others Amal Steel Restricted Otter tor Sale ot Angkasa Marketing Bhd shares on the basis of 50 Angkasa shares ot M$1 each at MS? 50 per share lor every 1,000 Amal Steel shares held
      60 words
    • 615 19 Company Rights Issue Asia Pic land One for two (n V!S0 65 pe' shaie Alliance Tech One-for-one ft $1 00 per share Bohon Issue of $90 978m nominal amount of 35% Redeemable Unsecured Guaranteed Bond'; 1991/% with *****m detachable warrants on the basis of nominal amount of Bonds
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    • 756 20  -  By Chan Hwa Loon THE Singapore economy is not in any real danger of recession even though it is losing some of its competitiveness, said economists and manufacturers. They were commenting on last
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    • 185 20 SINGAPORE and South Korea are the two Asian newlyindustrialising economies which have been elected for the first time to the governing council of the Genevabased International Standards Organisation (ISO). Announcing this on Monday, Mr Liew Mun Leong, chief executive of the
      185 words
    • 167 20 SINGAPORE and Papua New Guinea (PNG) signed an agreement for the avoidance of double taxation last Saturday. The Minister of Finance, Dr Richard Hu, signed on behalf of Singapore and Mr Thomas Negints, MP, and Parliamentary Undersecretary for Finance and Planning, signed
      167 words
    • 548 20 IN LINE with the Government's slower economic growth projection for this year, executives here are likely to receive a smaller average pay rise of 8.69 per cent next year, compared with the 10.06 per cent they received this
      548 words
    • 414 20  -  By Koh Bee Ann PARIS-BASED Banque Indosuez has received operational headquarters status in Singapore, and plans to beef up its regional treasury operations, project financing, and equities and commodities markets activities. In an interview with The Straits Times, its president and chief operating officer,
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  • Page 21 Advertisements
    • 339 21 DARE TO DREAM Biotechnology: Technology for Economic Growth Thirty Years of economic Development 30 years ago. the Economic Development Board was established to spearhead the economic transformation of Singapore. With vision and drive, we have single-mindedly pursued this goal by stimulating national economic growth, helping businesses grow and creating better
      339 words

  • Page 22 Advertisements
    • 706 22 The Straits Times Weekly Overseas Edition If r /A^ X ft v\ JL WE DON’T IDST BUILD FLATS It is a well-known fact that we provide quality housing for more than 80% of Singaporeans. But building flats is not the only thing we excel in. Just take a look at
      706 words

  • FORUM
    • 366 23 I ENTERED the Singapore Polytechnic after spending 11 years in Chinese schools. On my first day in the polytechnic, I could hardly understand a question from my curious Englisheducated classmates. When someone pressed my hand and told me something, it took me a few
      366 words
    • 529 23 I REFER to Mr Koo Tsai Kee’s letter “Govt does temper its free-market policies to be fair to everyone” (ST Weekly, Overseas Edition, Oct 12). No one is saying that free- market policies have not worked for Singapore. In fact, they have worked
      529 words
    • 416 23 BUSINESS leaders should be reminded never to toy with the idea of using CPF as a tool to solve the problem of job-hopping. Three cheers! to Mr Goh Chee Wee who reminded forum participants at the recent National Business Forum that
      416 words
  • Page 23 Advertisements
    • 153 23 DELIVERED 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. TheStraitsTimes WEEKLY OVERSEAS CDim <|
      153 words

  • 808 24  -  If time-based phone scheme fails after six months By Bertha Henson HARARE (Zimbabwe) Prime Minister Goh Chok Tong has suggested that a two-tier system of charging telephone use could be implemented if the controversial Telecom timebased system does not work after six months.
    808 words
  • 354 24 CA STATUTORY board will be set up to oversee the activities of Singapore Telecom when it is privatised, Communications Minister Mah Bow Tan said on Thursday. The board will also regulate the telecommunications and postal industries, and safeguard consumers' interests
    354 words
  • 183 24  -  By Bertha Henson. JOHANNESBURG Prime Minister Goh Chok Tong, who arrived here on Wednesday on a private stopover enroute for home, has met African National Congress deputy president Walter Sisulu and Inkatha Freedom Party President Mangosuthu Buthelezi. They called on him
    Zaobao picture hy WUN PAK KAI.  -  183 words