The Straits Times : Weekly Overseas Edition, 10 December 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, DECEMBER 10. 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/94
    20 words
  • 835 1  -  Respect for office must be upheld By Chua Mui Hoong MR GOH CHOK TONG on Sunday said that he felt it necessary to respond to author Catherine Lim's criticisms of his Government as he could not allow political commentators to undermine his
    Picture by ALI YUSOFF.  -  835 words
  • 267 1 Parliament also won’t be prorogued this year PRIME Minister Goh Chok Tong on Sunday ruled out the much speculated Dec 17 as the date for a General Election. He said that he had not set up the Electoral Boundaries Review Committee yet, and would
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  • NEWS FOCUS
    • 445 2  - Raffles JC is the top junior college again By Ng Wei Joo RAFFLES Junior College (RJC) has done it again. It topped the 14 junior colleges in Singapore, based on how its students fared in the 1993 A-level examinations. Hot on its heels was Hwa Chong JC. which was number
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    • 386 2 A 12-MEMBER team has been assembled for the first-ever attempt by Singapore climbers to scale Mount Everest in 1998. They were selected from over 80 climbing enthusiasts who applied after a nationwide call was made in May. They now need to raise the $1
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    • 243 2 The Straits Times’ offshore subbing office in Sydney produced the first page of the Sunday Plus section of The Sunday Times last Sunday. It looks no different from the other pages in the paper, but it marked a milestone in
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    • 426 2  -  By Lee Yee Hwa A CLEANER extorted $22,000 from her lover when their relationship turned sour after she became pregnant. She told him that her husband had intimate photographs and video recordings of their affair and that her husband would sue him
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    • 444 3 FANTASY Island, a $54 million water theme park at Sentosa, opened its doors to the public on Thursday and received nods of approval from visitors. Nor Zahra Ahmad. 12, a student of Red Swastika Primary School, said: “It is more fun than
      Picture by LILEN t Y.  -  444 words
    • 470 3 THE Malay community is not only fully behind the Government’s proposal to cane hardcore drug addicts, many also want to see first and secondtime offenders caned as well, a recent survey showed. A large proportion of Malays are also in favour of increasing
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    • 403 3  -  First commercial farm here will breed American Bullfrogs from next month By Leong Ching Ching LOCALLY-BRED frogs should make their appearance on dinner tables early next year, fresh from the first commercial frog farm here. The farm, in Lim Chu Kang, will start its
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  • PARLIAMENT
    • 464 4 THE Housing Board has raised the monthly income ceiling for those who want to apply for new HDB flats to $B,OOO for nuclear families and $12,000 for extended families. The higher ceilings. tip from $7,000 and $ll,OOO respectively. took effect on
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    • 783 4 Amount increased from just $500,000 to $5O million FINANCE companies will face new rules governing their minimum paid-up capital, while larger ones will be allowed to extend the scope of their operations under legislation approved by Parliament on Monday. An amendment to the
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    • 149 4 THERE are no statistics on divorces caused by husbands having affairs abroad, but records show that adultery forms only a small proportion of divorce cases. Acting Minister for Community Development Abdullah Tarmugi said on Monday. He disclosed that divorces granted on
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    • 516 4 THE Government is considering introducing regulatory and control measures for the sale of cosmetics here in 12 to 18 months, said Health Minister George Yeo. In a written reply to Nominated MP Kanwaljit Soin. he said that measures included
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    • 266 4 ABOUT half of the 172 patients who sought kidney transplants abroad between 1986 and 1993 acquired various types of infections after their operations. Of these, four contracted the human immunodeficiency (HIV) virus, which leads to the deadly Acquired Immune Deficiency
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  • HOME
    • 654 5 I IN THE I COURTS A FORMER military policeman was cleared of raping a 17-year-old trainee beautician, whom he met in a clubhouse for military personnel last year. Justice S. Rajendran acquitted Mr Soh Kok Khuan, 21, last week after holding that
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    • 413 5 Judge calls for pre-sentence report A NGEE Ann Polytechnic graduate was found guilty of stabbing his friend with a knife but the judge called on Dec 2 for a pre-sentence report. District Judge Syed Alwee postponed the sentencing of Tay Kow
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    • 463 5 A HARD-CORE criminal lured a 21-year-old insurance agent to his flat on the pretext of discussing a policy and then assaulted her and robbed her of over $5,000 Kunasegaran Retinam, 32, pleaded guilty to causing grievous hurt to Miss Aw
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    • 430 5 Man who came here illegally in 1943 THE Immigration Department is reviewing whether the illegal immigrant who came to Singapore in 1943 can remain here after his release from prison. Responding to The Straits Times, the department said on Monday that it will
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    • 832 6 Now that the Admi* nist.ative Service comes with increased pay and prestige, would top junior college students consider joining it? Wang Hui Ling pops the question to 28 students at three junior colleges. ENGINEERING and medicine seem to be the
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    • 306 6 SINGAPORE is expected to emerge as a focal point for the cruise industry in South-east Asia in the next five years, said Mr Tan Chin Nam. chief executive of the Singapore Tourist Promotion Board (STPB). He said although the market for
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    • 470 6  -  By Chiang Yin Pheng MEMBERS of Young PAP last Saturday took on former politician David Marshall after he delivered a luncheon talk that slammed the “authoritarian" Government for not respecting the dignity of the individual. They rose to his challenge to
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    • 375 6  -  By Geraldine Kan THE new director of the National Youth Council wants Singapore’s youth to be focused and dynamic. “They ought to have a vision of what they want to become, to figure out their hopes and aims for the future,”
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    • 637 7  -  Or, male emigrants risk arrest under Enlistment Act By M. Nirmala SINGAPOREAN males who give up Singapore citizenship must renounce it formally. If not, they can be arrested and prosecuted under the Enlistment Act when they return to Singapore. Lawyers told The Straits
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    • 249 7 THE National University of Singapore’s Clement Law is the first research scholar in Southeast Asia to get into environmental research with BP’s international pool of research and engineering staff. For three years, the 22-year-old postgraduate student will conduct studies on how pollutants from oil
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    • 446 8  -  By Dawn Tan RRRRUMBLE. rumble...the volcano on Sentosa island Is set to erupt next month, spewing “smoke" 10 metres into the sky every half-hour A pit cage will plunge visitors into the bowels of the 20-metre high volcano, where they will see boiling
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    • 249 8 A REGULAR customer of Xin Zhang Jiang Restaurant paid the restaurant’s judgment debt of about $55,000 to the MP for Potong Pasir, Mr Chiam See Tong, on Tuesday. The customer. Madam Tan Siew Lay, 40. said she paid the money as she did
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    • 528 8  -  $5.5m blitz to draw tourists to Sydney, NSW ahead of’ Olympics By Felix Soh AUSTRALIA-SINGAPORE business partnership is extending into tourism with the launch on Tuesday of a major multi-million-doilar campaign to generate more visitors to Sydney and New South Wales in the run-up to the
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    • 442 8 THE labour movement will publish NTUC News every week and its Lifestyle magazine every month from next year. It is doubling the frequency of both publications because it thinks the mass media is not giving union issues and events enough coverage.
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  • Page 7 Advertisements
    • 181 7 Home Delivery Weekly! jb. JSgglg? aSSaf-s WBI '•®$SSZ SBSjls* TheStraitsTimes 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. Subscribe now.
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  • SPORTS
    • 735 9  -  Fandi’s stroke of magic beats luckless Selangor before crowd of 60,000 Malaysia Cup soccer semi-final, first-leg at the National Stadium: Singapore 1 Selangor 0 By Godfrey Robert SINGAPORE takes with it a Fandi Ahmad gem of a goal to Kuala Lumpur for the Malaysia Cup
      Picture by Wong Kwai Chou.  -  735 words
    • 427 9  -  By Thomas Koh THE Singapore Tenpin Bowling Congress is on the verge of signing on reputed Canadian Mike Boroskae as national coach. A senior STBC official who declined to be identified, revealed that Boroskae the current Canadian national coach was likely to give a
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  • MALAYSIA
    • 384 10  -  By Kalimullah Hassan KUALA LUMPUR The Anti-Corrup-tion Agency is investigating whether there was any wrongdoing in the award of 1.5 million shares in public-listed Leader Universal Holdings to the son-in-law of Trade Minister Datuk Rafidah Aziz. The Parliamentary Secretary in the Prime Minister’s Department.
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    • 512 10  -  Asian values should not be excuse for autocracy’ Asian Press Forum By Mary Kwang Hongkong Correspondent IF ASIANS want to speak credibly of Asian values, they must be prepared to champion those ideals which are universal to humanity, Malaysian Deputy Prime Minister Datuk
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    • 385 10 Bernama, Reuter. KUALA LUMPUR Nine people were charged in courts in Malacca and Muar on Thursday with raping a 15-year-old girl, who was at the centre of a controversy involving former Malacca Chief Minister Tan Sri Abdul Rahim Thamby Chik. Six
      Bernama,; Reuter.  -  385 words
    • 396 10  -  $340,000 believed to be involved By Joe Dorai MALAYSIAN international Azizol Abu Haniffah and nine of his Perak teammates were arrested by the state police in Ipoh in* connection with alleged matchfixing in the Malaysian Premier League soccer competition. A total sum of
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    • 372 10 KUALA LUMPUR A music teacher sentenced to 15 years in jail for killing his showgirl lover had his prison term reduced to 12 years by a High Court here and was ordered to pay MSI.OOO (SssBo) compensation to the woman's family. Gan
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  • COMMENT / Pick of the week's editorials
    • 686 12 DEC 10. 1994 AFTER the reversals suffered by United Nations forces in Bosnia and Somalia, the most fervent supporters of an emergency peace force will be hard put to summon up enthusiasm for the idea. But pause to think: Despite the bumbling and confused notions
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    • 619 12 DEC 8. 1994 WHEN ministers from Singapore. Malaysia and Indonesia meet on Diec 17, in Johor, to sign a memorandum of understanding to formalise economic cooperation in the Southern Growth Triangle, they are taking a step which many see as long overdue. The trilateral project, started
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    • 657 12 DEC 6. 1994 LAST week, some of the 30 grassroots leaders at a Feedback Unit dialogue said that the Government's move to encourage Singaporeans to buy Singapore Telecom shares might have inadvertently led people to invest in the stock market without realising the risks involved.
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    • 778 12  -  By Alan John IT WAS at a Feedback Unit dialogue last month that a sorry aspect of Singapore’s regionalisation effort was raised publicly. Participants spoke of marriages which had broken up after men posted overseas strayed, had mistresses or started second families. Divorce
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK


  • MONEY
    • 7123 16 1 INDUSTRIAL AND COMMERCIAL Transaction Date: Dec 9. 1994 I 1994 Curr Laat Vol Day Gr’t Net M Cap WtAvg High Low Company Traded Sale •for000 High Low Div P/E $mil Price 720* 417.5* ml s Acma 50c 432 •16 254 442 430 88 138 595 5
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    • 335 17  -  down 37.4 points KOH KKAT KIAN. A SPATE of bad news during the week combined to make it a gloomy week for the stock market. News of an anti-corruption probe on Malaysian International Trade and Industry Minister Rafidah Aziz across the Causcwav dampened
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    • 97 17 ST Industrials Index The Straits Times Industrials Index fell 86.74 points on the «reek to 2102.28. DAY CLOSE TURNOVER Monday 2185 57 (-3 45) 59 997m ($1 71.734m) Tuesday 2187 07 1 50) 69 893m ($183.894m) Wednesday *****8 (—669) 55.715m ($157.210m) Thursday 2139 68 (-40.70) 92.637m ($242.4 72m
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    • 501 18 Hitachi to invest $80m in R D centre, plant HITACHI Electronic Devices Singapore (Heds) on Wednesday opened a research and development centre here for colour picture tubes for TVs the Japanese group’s first such facility worldwide. Heds, in which EDB Investments Pte Ltd has a 15 per cent stake, is
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    • 3186 18 CORPORATE RESULTS Net F arn F.F*N Date IV LI IV 1 V "inpanv sinn (Smi (Mni (ctsl lets» 1 \HK HIJgs Sep 19 1 1.109 1 365 2.5 JU Vcma Sep In 1 48 426 ***** 71.0 286 USB* Nov 21 1* ***** :.iN5 2 04
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    • 410 18  -  Offer to S’pore, Aussie businessmen By Chan Sue Meng in Melbourne SINGAPORE and Australian businessmen have been invited to identify markets to which a joint mission may be made by the two countries next year. The invitation came from Australian Prime Minister
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    • 135 18 Reuter. HANOI Singapore and Japan rose a few notches among foreign investors in Vietnam in a list published on Sunday. Singapore ousted South Korea from third place, said the weekly Vietnam Investment Review, published by the State Committee for Cooperation and Investment. Taiwan and
      Reuter.  -  135 words
    • 255 19 THE Stock Exchange of Singapore is likely to allow Singapore Telecom shares to be traded in small lots of less than 100 shares soon. Sources said Telecom shares may be traded in board lots of 10 units each, in addition to the currently traded
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    • 502 19 Friday Oacambar t HKS ASM Pacific 5.30 unch Allied Ind Int'l 0 39 -0.01 Allied Oversea 051 -0.03 Asia Sec lot 2 77 unch Bank of EA 27.70 -1 00 C P Pokphand 1.92 -0 03 CDL Hotel 300 -0 15 Cafe De Coral 1 73 -007 Cath Pac
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    • 376 19 Manager’s prices for Dec 10 12 Singapore Unit Trust The Commerce 1.57-166 The Savings Fund 1 50-159 S pore Prog Fund 0 57 -0 61 S pore Sec Fund 0 92-0 98 Spore Invest Fund 113-1.20 S pore Equity Fund 0 69 0 73*d Credit Lyonnais Int’l Asset
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    • 698 19  -  Response to global marketplace’s changing conditions By Tan Sai Siong THE Stock Exchange of Singapore (SES) is gearing up for a comprehensive revamp of its listing manual, barely a year after unveiling its 1993 listing do's and don’ts that had taken nine years to
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    • 466 19 HOTELS have been told to slash surcharges on telephone calls, in line with the Government’s long-term aim to promote Singapore as a competitive business hub and ideal tourist destination. The 20 per cent surcharge ceiling on IDD (International Direct Dialling)
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    • 153 19 COUNTER RATES Singapore dollar* to one unit of foreign currency Buying 00 Selling US dollar 1.4585 1.4740 Sterling pound 2.2610 2.3120 Australian dollar 1.1124 1.1450 Canadian dollar 1.0464 1.0699 NZ dollar ***** 0.9431 EC unit 1.7912 Singapore dollar* to 100 of foreign currency units Austrian schilling 12.9113 13.4603 Belgian
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    • 123 19 Contract data: 9/12/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 5'j 5 6A, 6*» 6*4 4 13/12/94 A$ 6H 6 7 7*4 8'n 8 "2 5*4 13/12/94 NZS 8'h 8 2 8*4 8 4 8‘« 6*4 13/12 94 STG
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    • 491 20  -  By Douglas Wong THREE American television networks are looking at setting up a joint-venture company here which would seek a licence to send and receive satellite signals, a move which indicates Singapore’s growing attractiveness as a broadcasting hub for Asia. Movie channel
      Graphic by STV  -  491 words
    • 215 20 ‘Blue-chip team’ named to S’pore Power Gas board SINGAPORE Power and Gas (SPG), which will take over the Public Utilities Board's (PUB) electricity and gas departments next year and be privatised subsequently, announced on Dec 1 a blue-chip board of directors to chart this course. Joining chairman Ho Kwon Ping
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    • 454 20  -  By Colin Tan ONE of the biggest buildings for research and development in Singapore is under construction at Science Park 11, the park’s second phase. The 12,000 sq m building, which will house the Institute of Microelectronics (IME) and the
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    • 393 20  -  By Jean Chia THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) expects to break with an 88-year old tradition by admitting its first-ever women council-members. They will be among the new faces that SCCCI president Kwek Leng Joo
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  • Page 21 Advertisements
    • 853 21 'Vt if ¥:W:¥?:¥S The Straits Times Weekly Edition INTM sssss! HSSSSW Chemical Chemical Bank, one of the largest New York banks, have immediate vacancies for: Network Control Centre Manager The successful candidate will manage the Global Bank Technology NCC (Network Control Centre) team, monitoring, analysing and supporting the communication network
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  • FORUM
    • Reaction to PM’s criticism of Catherine Lim
      • 335 23 I AM concerned about a particular point in the responses of the Prime Minister and his press secretary, Mr Chan Heng Wing, to Dr Catherine Lim’s column "One government, two styles". Both referred to non-politi-cians setting the political agenda whom Mr Chan identified as
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      • 142 23 CATHERINE LIM RESPONDS: I WROTE the two articles purely as a concerned Singaporean who wanted to share what I had perceived as a problem, with fellow Singaporeans through the public forum of The Straits Times. I had hoped, by presenting the problem clearly and
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      • 165 23 I REFER to the letter by the Prime Minister's press secretary responding to the articles by Dr Catherine Lim. It was re-assuring. The Prime Minister has no intention of changing his consultative style of government. Dr Lim’s pieces, I believe, were written out of concern.
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      • 167 23 I FEEL the Prime Minister’s harsh criticism of Dr Catherine Lim is inappropriate. Dr Lim is a respected writer of undoubted loyalty. She was merely stating views shared by many. If the PM says he is the top man in the Government, I will take
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    • 467 23 MR TAN GUAN SENG accused the SDP of evading naming its price for government. Mr Tang should, however, first understand what ‘‘evade” means before using it. “Evade” in this context means “to avoid answering a question”. The question that was posed
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    • 317 23 I REFER to the report “PM: No erosion of my authority allowed" (see page 1). Mr Goh Chok Tong declared that “if a person wants to set the agenda for Singapore by commenting regularly on politics, our view has been, and
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  • 536 24  -  Lines will be built in Bt Panjang, Buona Vista By Leong Chan Teik THE Government announced last Saturday that it would go ahead and build two Light Rail Train (LRT) systems, one in Bukit Panjang in the west, and the other in Buona Vista
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  • 775 24  -  He was released after S’pore company agrees to demands By Tan Ooi Boon A GROUP of workers held the general manager of a Singapore company in Sri Lanka at knifepoint and threatened to kill him during a six-hour hostage drama on Wednesday. The
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