The Straits Times : Weekly Overseas Edition, 24 September 1994
1994-09-24
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The Straits Times : Weekly Overseas Edition
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Title Section20 1994-09-24 1 The Straits Times WEEKLY EDITION SATURDAY. SEPTEMBER 24. 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/9420 words
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698 1994-09-24 1 Warren Fernandez - By Warren Fernandez SIX out of 10 Singaporeans think the Government gives them sufficient subsidies and has done enough to help the poor, a survey by The Straits Times has found. About a third of those polled, however, disagreed and felt698 words
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659 1994-09-24 1 PAP MP Matthias Yao has picked up the gauntlet thrown down by Singapore Democratic Party leader Chee Soon Juan and said he is ready to meet him in a one-to-one contest in the next general election. He said last Friday that he had659 words
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Article, Illustration321 1994-09-24 1 FOR the third year running, a Singapore designer has won the Asean Young Fashion Designers award. And the top prize of a oneyear U 5514,160 (SS21.000) scholarship at the Californian Fashion Institute of Design and Merchandising (FIDM) plus $5,000 was won by none other than Wednesday321 words
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Page 1 Advertisements
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Advertisement15 1994-09-24 1 'E Planning a m* ■V.v REER Move CHECK OUT Pages 21 22 8 1 *****1U2419S315 words
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NEWS FOCUS
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456 1994-09-24 2 Kate Yu Juan - By Kate Yu Juan SINGAPOREANS do not need a visa to visit Hongkong even after it reverts to China in 1997 because the territory will continue to function as it is right now. Mr Yang Wenchang, the Chinese Ambassador to Singapore.456 words
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Article, Illustration212 1994-09-24 2 POLICE arrested prominent gynaecologist Professor S.S. Ratnam early last Fridaymorning for suspected drunken driving after his Jaguar car was involved in a four-car collision. The accident happened along Whitley Road, off the Pan-Island Expressway, at about 12.15 am. Prof Ratnam. 66. head of the212 words
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265 1994-09-24 2 Biggest jump in open sector at $10,208 THE latest prices of car Certificates of Entitlement (COEs) have continued a re-cord-breaking sprint, shooting past the $94,000 mark this time. The biggest increase has been for open category COEs. usually used to register bigger cars. The265 words
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531 1994-09-24 2 Chan Sue Meng - By Chan Sue Meng FROM the middle of next month. Central Provident Fund members can start taking out profits made on investments under the Basic and Enhanced Investment Schemes (BIS and EIS). But members who want to collect their stock market profits531 words
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Article, Illustration307 1994-09-24 2 THE THREE-YEAR-OLD boy who fell 10 floors from his Bukit Panjang flat on Aug 3 cannot walk yet but is recovering fast, said his parents. Mohamad Haaziq Zainudin, who has been recuperating at home since being discharged from hospital on Aug307 words
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592 1994-09-24 3 Cherian George - By Cherian George ALL three Malaysian television channels will be carried on Singapore’s cable television lineup, which Singapore Cable Vision touted on Tuesday as possibly the most extensive in the region. As expected, the 30-plus-channel service to be launched next year will592 words
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Article, Illustration301 1994-09-24 3 DUTCHMAN Johannes Van Damme, who was convicted of drug trafficking last year, was hanged in Changi Prison yesterday morning. The 59-year-old engineer was arrested on Sept 27, 1991 at Changi Airport with 4.3 kg of heroin in his suitcase. The death penalty is mandatory for301 words
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286 1994-09-24 3 IRENE NGOO - IRENE NGOO. FOREIGN Minister S. Jayakumar. responding to European calls for clemency for a Dutch businessman who was hanged yesterday for drug trafficking, said it was completely untenable to make an exception just because his home country was opposed to capital punishment. He told286 words
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475 1994-09-24 3 Grace Sung - It expresses disappointment with hanging By Grace Sung THE Dutch government said yesterday although it was disappointed with the execution of Johannes Van Damme for drug trafficking in Singapore, it accepted that judicial proceedings against him had been conducted correctly and carefully. Foreign475 words
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266 1994-09-24 3 CHIEF Justice Yong Pung How, 68, is recovering at the Singapore General Hospital from a heart operation he had earlier this week. A statement from the Prime Minister’s Office last night said: "The Chief Justice, Mr Yong Pung How, underwent coronary artery bypass graft266 words
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HOME
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543 1994-09-24 4 MR LEE KUAN YEW has described his role in the Cabinet as the 12th man in an 11-man team His job as Senior Minister, he told two American journalists in a recent interview, was to keep Singapore543 words
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OCBC Bank vs Norman Wright and Egon Zehnder International
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869 1994-09-24 4 Elena Chong - IN THE COURTS By Elena Chong THE head of an executive search consultancy libelled OCBC Bank when he remarked that “rank amateurism or carelessness' led to news of its intention to recruit four top bankers being published in a Business Times report in869 words
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Article, Illustration474 1994-09-24 4 BUSINESS TIMES did not defame an executive search chief when it apologised to OCBC Bank over a letter he wrote, and which the newspaper published, the High Court ruled last Friday. Rather, the paper had a moral if not legal duty474 words
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301 1994-09-24 4 EXPATRIATES are required to put up a deposit when applying for a telephone line here because they tend to run up higher phone bills and some leave the country without settling them, said Singapore Telecom. It requires foreigners who are not permanent301 words
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541 1994-09-24 5 SINGAPORE can help to prevent a clash of civilisations between East Asia and the West because it is well-placed to interpret one side to the other. Professor Tommy Koh said last Friday. Singapore is a happy blend of the East and the541 words
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239 1994-09-24 5 CHANNELS 5 and 8 will be turned into 24-hour channels with more local content, said the man slated to take over their controls when SBC is corporatised next month. “The challenge for major local stations like channels 5 and239 words
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249 1994-09-24 5 LOCAL air charter company, Region Air, may take off as Singapore’s third airline by the end of this year. The Civil Aviation Authority of Singapore (CAAS) confirmed that Region Air is now in the process of meeting CAAS requirements for an Air Operators249 words
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Article, Illustration2279 1994-09-24 6 Why government’s huge subsidies are not a worry On top of the massive subsidies in housing, health and edueation, the Government is giving away billions of dollars to the people through the HOB upgrading programmes, Edusave, sale of diseounted Teieeom shares and a flurry of sehemes. Yet2,279 words
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Article, Illustration1646 1994-09-24 7 Deputy Prime Minister Lee llsien Loong spells out Singapore's approach to welfarism in an interview with Warren Fernandez. WARRKN Fernandez: Could you give us an overview of the Government’s approach to welfare? BG Lee: We start off with the1,646 words
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526 1994-09-24 8 Wang Hui Ling - He shares tips on learning Mandarin By Wang Hui Ling THOMSON GRC MP Leong Horn Kee recalled the horror he felt when he could barely introduce himself to his Man-darin-speaking grassroots leaders 10 years ago After years studying in England526 words
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Article, Illustration480 1994-09-24 8 Sandra Pearce - By Sandra Pearce AS THE horror of the Hotel New World disaster of March 1986 unfolded before his eyes over television. Mr Gary Goh vowed that he would one day become a civil defence volunteer. “I wanted to sign up immediately.”480 words
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Page 5 Advertisements
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Advertisement329 1994-09-24 5 The StmitsTimes WEEKLY EDITION News From Home Wherever You are The Sti^iitsTimes First-half growth SL hits 10.5 per cent AS Wrw<n rapmtaf, mPM r«n Tvt-ymi J ..y wiii» i»i»i»««»w SSSscli'- 5 5 ijgggj! The Straits Times Weekly Edition offers you a crisp summary of the week's major happenings in Singapore329 words
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Page 8 Advertisements
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Advertisement50 1994-09-24 8 MAKING AN ISSUE OF THE MAJOR ISSUES The Straits Times Weekly Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. The StraitsTtmes50 words
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SPORTS
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Article285 1994-09-24 9 Shirlynn Ho-Pereira - Singapore’s young ones going to the Asiad to gain international experience Countdown to the Asian Games By Shirlynn Ho-Pereira SINGAPORE is sending a young contingent to next month’s Hiroshima Asian Games, with Chiangmai in mind. Chef-de-mission Dr Tan Eng Liang said on Tuesday that most285 words
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Article, Illustration479 1994-09-24 9 Peter Khoo - By Peter Khoo WHENEVER Fandi Ahmad scores, Singapore never loses. Weil, almost. Except for just one game out of 30 this season the 1-3 defeat at Pahang in July, in which Fandi scored the sole Singapore goal. That Fandi scored 21 goals to equalPicture by JERRY SEH. - 479 words
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Article141 1994-09-24 9 LIONS captain Fandi Ahmad played “Singapore’s ambassador” to two million listeners when his interview was broadcast live to Holland from here last Friday. Fandi was interviewed by Holland’s Radio One presenter T. van der Graaf for the station’s top weekly two-hour show, which focuses on141 words
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Article208 1994-09-24 9 IT WAS a token but Timesport’s gift of a special poster for the Singapore team and officials recalling their success in the Malaysian Premier League clearly moved the Lions. Most of the players and officials were caught by surprise and several approached Timesport editor Godfrey Robert208 words
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Article, Illustration416 1994-09-24 9 Tay Cheng Khoon - By Tay Cheng Khoon MARDAN MAMAT has become the first Singaporean to he named the Johnnie Walker Asian Golfer of the Month for August. He is also the first amateur to he recognised by this award, which was inaugurated this year. The first seven winners416 words
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MALAYSIA
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411 1994-09-24 10 Bemama. AP, Bloomberg X THING Print Mir-ster Ottak D: Manaciix Mohamad nas daretted National Fr« NT coicpov’ 1 paries to prepare lor ear,;, pauiiaajectary ass sta*e eieotjoru He a_v. told them to open thetr resjwrtive r»Ba as *ne t* *y- eBemama.; AP,; Bloomberg - 411 words
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Installation of new king
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447 1994-09-24 10 oration programmes. 3ornama. AP K\A ..A LUMPUR Malaysia s economy wjl. grow by ar. estimated i >-.- '.or.* this vear Prime Minister Datuk Sen Nr M a ha hi r Mohamad said vesterd; The Treasury predicted an 2 per tent growth whenoration programmes. — 3ornama. AP - 447 words
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Article, Illustration432 1994-09-24 10 AFP- KUALA LUMPUR Malaysia installed a new King on Thursday in ceremonies steeped in centuries-old tradition but the monarch, former diplomat Tuanku Ja'afar Abdul Rahman, will reign with vastly reduced powers Taking his oath of office, the 71-vear-old Tuanku Ja'afar, an avid cricketerAFP-; AFP picture. - 432 words
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276 1994-09-24 10 NST. PETALING JAVA As thousands of students sit for their Penilaian Menengah Rendah fPMR) examination at their respective schools next week, one teenager will have her exam in the air-conditioned comfort of the federal police headquarters at Bukit AmanNST. - 276 words
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ASEAN
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Article554 1994-09-24 11 Tan Kim Song - No need to take common position By Tan Kim Song in Chiangmai ASEAN Economic Ministers (AEM) have agreed that the report by the Eminent Persons Group (EPG) of the Asia-Pacific Economic Cooperation (Apec) forum should serve only as a useful reference, and that Asean will554 words
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439 1994-09-24 11 Lee Siew Hua - By Lee Siew Hua Bangkok Correspondent BANGKOK The Thai Parliament will set up a “college of democracy” for politicians and leaders in all fields, to impart idealism and training in administration. In an interview with The Straits Times, Mr Mahin Tanboomperm, secretary439 words
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401 1994-09-24 11 AFP, Reuter, UPI. CANBERRA Indonesian Vice-President Try Sutrisno on Thursday told a defence seminar that moves to have Southeast Asia declared a nuclearfree zone could start next year. Gen Try, who is on a threeday visit, said a South-east Asian nuclearAFP,; Reuter,; UPI. - 401 words
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Article, Illustration250 1994-09-24 11 A GERMAN tourist who had run out of money used a pis-tol-shaped cigarette lighter to hold up a bank in the northern Thai city of Chiang Mai. According to the Bangkok Post on Wednesday, the 33-year-old tourist, a factory worker from Munich, walked intoBangkok Post picture. - 250 words
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COMMENT / Pick of the week’s editorials
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Article665 1994-09-24 12 SEPT 23. 1994 IT IS important to keep in perspective a report we published this week on the expectations of new graduates about working overseas. Their main concern is whether they will have a wellplanned career path when they return to Singapore Their reason is understandable:665 words
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Article602 1994-09-24 12 SEPT 22. 1994 IF PRIME MINISTER Goh Chok Tong's visit to Australia reaffirmed close and cordial ties between the two countries, it also opened up the new and exciting prospect of a svnergistic partnership that lends a fresh dimension to Singapore’s goal of going regional602 words
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Article669 1994-09-24 12 SEPT 20, 1994 THERE is a myth, by no means restricted to Singapore, of something called the “government’s money". This is a myth anywhere because governments do not have money; citizens do. What governments "have'' are the taxes they collect, the budget surpluses they669 words
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865 1994-09-24 12 NG WEI JOO - by NG WEI JOO THE recent discussion about the direct correlation between smart parents and their children's academic performance is not new We have heard the arguments before. It reached a high point 11 years ago when Mr Lee Kuan Yew,865 words
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COMMENT/ANALYSIS
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Article, Illustration1492 1994-09-24 13 Joanna R. Jeremiah - By Joanna R. Jeremiah THE Prime Minister made the preservation of traditional moral and family values a key theme of his National Dav rally speech The speech raises what has long been a verv imoortant and controversial jurisprudential question for jurists and lawyers alike. The1,492 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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Article, Illustration1677 1994-09-24 14 Chung Tsung Mien - be worse off.” Additional reporting by Chung Tsung Mien. Chung Tsung Mien. Studies show that children of graduate parents fare better in school. But four out of 10 graduate men who married this year tied the knot with non-graduate women. What role1,677 words
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476 1994-09-24 14 WHAT accounts for intelligence? Nature or nurture? Each time this debate surfaces, temperatures rise. One of the more widely cited studies on the side of the nature camp was done by researchers at the University of Minnesota. The team, led by Professor476 words
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OFF-THE-RECORD
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Article77 1994-09-24 15 WHAT did Prime Minister Goh Chok Tong discuss with his Malaysian counterpart. Datuk Seri Dr Mahathir Mohamad, at their private meetings in Langkawi two weeks ago 9 According to a group of grassroots leaders, one topic must have been the timing of the general election in their77 words
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Article93 1994-09-24 15 SINGAPORE’S education system was a hot topic at the first Talkshop dialogue between National Youth Council chairman Lim Hng Kiang and youths recently. Someone pointed out the obsession that students had for studying the answers to past years’ examination questions Rest assured. Mr Lim told them.93 words
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Article139 1994-09-24 15 THE permanent secretary for Information and the Arts and Law ministries. Mr Goh Kim Leong. told an entertaining love story, complete with love songs, at the recent launch of the Speak Mandarin campaign. It was based on his life. He had met his wife-to-be after he139 words
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Article119 1994-09-24 15 THE 1,100 guests at the inaugural Law Academy lecture last Wednesday did not have to wait long to see the Courts practise what the speaker preached. The Chief Justice of England, Lord Taylor, said in his 45-minute speech that judges should make use of the media more119 words
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Article, Illustration1118 1994-09-24 15 Leslie Fong - THINKING ALOUD Leslie Fong THERE is room for improvement in the way some ministries and statutory boards reply to queries or criticisms from members of the public or journalists. Going by their letters to this newspaper’s Forum Page, they are prompt1,118 words
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Article, Illustration1004 1994-09-24 15 Should the PAP Community Foundation (PCF) withdraw its kindergartens from opposition wards? If so, will it not be penalising innocent children and risking a voters’ backlash? Dr Arthur Beng, chairman of the PCF kindergarten committee, responds to these and other1,004 words
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MONEY
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Article7085 1994-09-24 16 INDUSTRIAL AND COMMERCIAL Transaction Data: Sap 23,1994 j 1994 Curr Laat Vol Day Gr'a Nat M CapWtAvg High Low Company Traded Sale Of'000 High Low Div P/E Sinil Prica 1440 835 ml s Acma coo cd 5 99 1000 1000 17 5 •60 689 3 1003 8007,085 words
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330 1994-09-24 17 GOH SOO MAY - GOH SOO MAY THE local bourse had a slow start to the week. Blue chips came under selling pressure as investors cashed out on renewed fears of interest rates hike. But the pessimism was shortlived and on Tuesday, share prices rebounded and the Straits330 words
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Article88 1994-09-24 17 DAY—TO —DAY STOCK INDICES ST Industrials Index The Strata Timet Industrials Met rose 4.17 points on the week to 2302.05. DAY CLOSE TURNOVER Monday 2271 85 (-25.33) 194.10m (5589 993m) Tuesday 2296.21 (+24 36) 291.03m (5744.613m) Wednesday *****9 (-6.52) 330.18m (5844 521m) Thursday 2286.09 (-360) *****m (5879.579m) Friday 2302.05 15%)88 words
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307 1994-09-24 18 THIRTEEN Singapore banks, with DBS at the forefront, are listed among Asia’s top 500 commercial banks, according to a ranking compiled by Asiaweek magazine. The inaugural Asiaweek Financial 500 ranks the region's 500 largest commercial banks by assets, deposits, premium income,307 words
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3469 1994-09-24 18 CORPORATE RESULTS Net am 1 IN Date LA 1 A IV 1 A C iimpum ann Csml (Sm) (els) lets» VBR Hldgs Vlas Hi 1 1 407 :.sm .1.2 (1 Aetna Sep |C 1 48.926 19 51’ '1 t 2S.t> \lcom’ Aug l 1 4.;m 40ft3,469 words
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Article, Illustration365 1994-09-24 18 Overall index up 9.5 from June THE Great Singapore Sale helped to lift retail sales in July over the previous month, but the figure was still below that in July last year. The Department of Statistics said on Monday that the365 words
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Article67 1994-09-24 18 AFP. KUWAIT CITY Kuwait will open an office in Singapore to manage its investments in Asia as it presses ahead with rebuilding its overseas assets that were eroded by the Gulf war. The office will be opened at the end of this year and will helpAFP. - 67 words
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532 1994-09-24 19 Manufacturing sector’s growth will decelerate to 11 -13 UOB AN EXPECTED softening of demand in the electronics industry may contribute to a second-half slowdown in Singapore's economic growth to 8-9 per cent, according to the United Overseas Bank (UOB). Growth532 words
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Article442 1994-09-24 19 Friday Saptambar 23 HKS ASM Pacific 5.55 0.100 Allied Ind lnt'1 0.57 001 Allied Oversea ...0.81 0.01 Asia Sec Int 2.73 unch Bank of EA 33 30 unch C.P. Pokphand 2.31 0.01 COL Hotel 3.30 -0.06 Cafe De Coral 2.66 -0.14 Cath Pac Air 12.60 unch Century City 2.77442 words
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Article316 1994-09-24 19 Manager’s prices for Sep 24 ft 26 Singapore Unit Trust The Commerce 167-1.77 The Savings fund 1.61-1.70 S pore Prog Fund 0 66-0 70«d S pore Sec Fund 1.04-110 S pore Invest Fund 121-1.28 S pore Equity Fund 0.83-0.88 Credit Lyonnais Int’l Asset Mgt CL AsiaPac Gr Fund316 words
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352 1994-09-24 19 This is part of a slsom investment plan over next 10 years AMERICAN electronics giant Motorola Inc plans to invest an estimated $4O million in its paging and printed circuit board (PCB) manufacturing facilities here by 19%. This is part352 words
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Article146 1994-09-24 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Seine US dollar 1.4664 1.4830 Sterling pound 2.2924 2 3466 Australian dollar 1.0679 1.0995 Canadian dollar 1 0832 1.1084 NZ dollar 0.8701 0.8998 EC unit 1.8377 Singapore dollars to 100 of foreign currency units Austrian schilling 13.2198146 words
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329 1994-09-24 19 SINGAPORE is the world’s third largest oil trading centre after New York and London. The Republic’s Approved Oil Trader (AOT) scheme, launched in 1989, has attracted 50 AOTs with total trading in excess of US$66 billion (Ss9B billion) last year. According to329 words
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Article146 1994-09-24 19 Contract date: 23/9/94 CURRENCY 1 MTU 3 MTH 6 MTH 9 MTH 12 MTH CALI VALUE DATE us$ |V, 4 Vi 5 5 Vi 5V4 3v« 27/9/94 A$ 5 5 Vi 5 Vi 6'4 3% 27/9/94 NZ$ 5 7 i 6 3 i 6V4 7 Vi 7146 words
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Article611 1994-09-24 20 Zuraidah Ibrahim - Assistance works best within free-market framework, says BG Lee By Zuraidah Ibrahim in Jakarta GOVERNMENT policies to help small and medium-sized enterprises work best if they work within the framework of the free market and follow market forces instead of going against them, said611 words
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Article, Illustration494 1994-09-24 20 Gerry de Silva - Judge favours prison term over fine for former chairman, director of collapsed group By Gerry de Silva THE former boss of the col.apsed Devon Group. Neo Gim Eng. was jaued for 18 months on Wednesday on charges of inflating prices of goods on company invoices494 words
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394 1994-09-24 20 Robert Ng - By Robert Ng AUGUST was a hot month for new brokers. with last month's batch of 93 entrants setting an all-time record. The newcomers, comprising 63 selfemployed remisiers and 30 paid dealers, outnumbered by nearly four times the 26 brokers who joined in394 words
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246 1994-09-24 20 BRITISH Petroleum is considering relocating to the proposed Jurong Island which will emerge from the merger of the Southern Islands when the company vacates its 120-hectare site in Pasir Panjang. Sources said it had expressed interest in taking a 10-hectare site on land246 words
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Page 21 Advertisements
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Advertisement1202 1994-09-24 21 The Straits Times Weekly Edition •xtt-x I NATIONAL UNIVERSITY OF SINGAPORE Applications are invited for research appointments at the National University Medical Institutes (NUMI) in the following fields: 1) DNA SYNTHESIS AND SEQUENCING (one vacancy) Candidates should be well-trained in molecular biology, able to provide leadership and supervision of a1,202 words
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Page 22 Advertisements
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Advertisement956 1994-09-24 22 Go For The Leading Edge ?11 > r a nso Dili Engineering. Tnr Defence Technology OeOi k Nation We arc looking for creative, innovative inquisitive young minds to join our R D teams to work on complex and challenging detence science and technology projects. PROGRAMME PLANNING OFFICER Your Challenges Plat.,956 words
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FORUM
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595 1994-09-24 23 CHEE SOON JUAN wants to “entrench democracy and build a civil society in Singapore” (ST Weekly, Sept 10), and wants “an SDP-PAP debate on national issues" (ST Weekly, Sept 17). But people must first be convinced that he is honest595 words
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454 1994-09-24 23 MR KOO Tsai Kee’s response (ST Weekly Edition, Sept 10) to the article by Ms Catherine Lim, “The PAP and the people", smacks of self-delusion, and provides further evidence of the "great affective divide". There are several pitfalls in Mr Koo’s454 words
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401 1994-09-24 23 MUCH has been written about the need to ensure that parents in their old age are taken care of by their children. A lot of sentiments have been expressed but it is time we put them aside and got down to the401 words
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673 1994-09-24 23 WITH prices of COEs breaking record levels at each tender, one wonders when more sense will prevail. While there appears to be no better option for controlling the car population, I believe the COE scheme could be refined further. The monetary incentives given673 words
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Page 23 Advertisements
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Advertisement123 1994-09-24 23 Dear Readers. THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in vej7 exceptional circumstances, such123 words
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733 1994-09-24 24 Sumiko Tan - Well-educated men are changing marriage attitudes By Sumiko Tan MORE than half of Singapore’s graduate men are now marrying graduate women, an indication that well-educated men are changing their attitudes towards women. The latest figures show that 59 per cent of graduate men733 words
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458 1994-09-24 24 Leong Chan Teik - By Leong Chan Teik SINGAPOREANS have come out tops among students from various countries in obtaining the best degree results in British universities. One in four Singaporeans who graduated last year clinched first-class honours, according to the Universities’ Statistical Record, the official458 words
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464 1994-09-24 24 Overseas jobs: Grads worry they’ll lose out NTU survey A SURVEY among recent university graduates has found that their uppermost concern about working overseas is whether they will have a proper well-planned career path when they return to Singapore. Many do not want to lose out to contemporaries who stay464 words