The Straits Times : Weekly Overseas Edition, 25 March 1995
1995-03-25
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The Straits Times : Weekly Overseas Edition
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Title Section28 1995-03-25 1 The Straits Times WEEKLY EDITION SATURDAY, MARCH 25, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/94 i*45 yyy 199s The Straits times ISO YUAKS28 words
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Article, Illustration698 1995-03-25 1 No need to be embarrassed by size or way-off forecasts PRIME Minister Goh Chok Tong last Saturday defended the Government’s policy of accumulating Budget surpluses, saying they were the result of sound policies and good housekeeping. There was nothing embarrassing about the size698 words
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114 1995-03-25 1 THREE principles will guide the Government to ensure that asset-enhancement programmes do not end up as welfare hand-outs, said Mr Goh Chok Tong last Saturday. The programmes must: MOTIVATE Singaporeans to work less. That was why the Government, in topping up Singaporeans’ CPF accounts, required account114 words
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Page 1 Advertisements
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Advertisement10 1995-03-25 1 Planning a CAREER Move CHECK OUT Pages 21 22 *****6.,18U8810 words
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NEWS FOCUS
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Article, Illustration758 1995-03-25 2 THE Australian government and educational institutions are moving closer towards Asia but the Australian media is going in the contrary direction, said Senior Minister Lee Kuan Yew on Monday. With the auality newspapers asjtheL exceptions, the Australian "media has758 words
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827 1995-03-25 2 Zuraidah Ibrahim - By Zuraidah Ibrahim PARLIAMENT’S intention in putting into place the institution of the Elected President and its powers four years ago came under scrutiny before a High Court tribunal last Friday. The hearing was to decide whether the President today can have827 words
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Article, Illustration184 1995-03-25 3 CALL it a flight of fancy. Australian Aboriginal dancer Tanya Ellis stretched her limbs and pranced about at the Night Safari on Wednesday as she mimicked the actions of two brolga birds there. The performance was to promote a dance narrative, Buralga, in which shePicture by GEORGE GASCON. - 184 words
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592 1995-03-25 3 Ben Davidson - ‘Sent gas without telling owners’ By Ben Davidson THE Public Utilities Board is being sued for more than $lO million in damages for negligence over the August 1992 Ginza Plaza gas explosion, which left three people dead and more than 120 injured.592 words
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Article, Illustration294 1995-03-25 3 Body parts in bags recovered in the sea off Clifford Pier A BRITON who was charged on Tuesday with forging the signature of South African tourist Gerard George Lowe was yesterday charged with his murder. What was unusual was that the same294 words
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PARLIAMENT
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441 1995-03-25 4 Budget debate FOUR backbenchers raised the topic of foreign workers during the debate on the Labour Ministry’s estimates on Monday and Tuesday, ranging from issues such as their welfare and the need for more of them in some industries. Labour GPC chairman Othman441 words
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463 1995-03-25 4 THE pilot Road Pricing Scheme (RPS) along a stretch of the East Coast Parkway (ECP) will operate only on weekdays between 7.30 am and 8.30 am. It starts on June 1. There will be no restriction on Saturdays. Sundays or public463 words
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Article, Illustration524 1995-03-25 4 CALLS FOR NORTH-EAST MRT LINE FOUR Members of Parliament pressed hard on Tuesday for the building of a north-east MRT line, but Communications Minister Mah Bow Tan stuck to his guns, saying that a decision would be taken only after524 words
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468 1995-03-25 4 SEVEN MPs on Tuesday expressed dissatisfaction with the public bus system, saying that commuters faced long waiting and travelling times and inadequate services. Communications GPC chairman Heng Chiang Meng led the charge, arguing that public transport had failed in providing the three Cs to468 words
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158 1995-03-25 4 EVERY time the Government tinkers with the policyon certificates of entitlement, unintended consequences follow as the market looks for new ways of getting around the changes, Communications Minister Mah Bow Tan said on Tuesday. This in turn leads to more calls158 words
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Article, Illustration209 1995-03-25 5 “The former name of advaneed directive, which is living will, is a misnomer. A person signs an advance directive to die in certain defined circumstances, specifically for those who are found to be incurable and are terminally ill.” Mr Loh Meng See. “It used to be known as209 words
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Article, Illustration536 1995-03-25 5 Budget debate THE writing of an advance directive will be strictly voluntary, and there will be laws to deal with those who pressure others into doing so, Health Minister George Yeo said on Monday. “No one will be pressured to do536 words
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Article, Illustration261 1995-03-25 5 ‘A WONDERFUL DEATH’ SINGAPORE’S father of charity, the late Dr Ee Peng Liang (left), faced death with a certain serenity of spirit and after taking Holy Communion, Health Minister George Yeo recounted on Monday. “And I thought that he died a wonderful death,”261 words
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Article, Illustration624 1995-03-25 5 THE Government is considering ways to extend medical insurance coverage under the Medishield programme to more dependant children, and those aged above 70. Health Minister George Yeo said on Monday that an “opt-out” system might be introduced to cover dependant children624 words
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597 1995-03-25 6 ACTING National Development Minister Lim Hng Kiang on Wednesday gave an assurance that prices of new HDB flats are affordable to the majority of Singaporeans, and that it was Government policy to ensure this was always so. “There is a lot of597 words
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607 1995-03-25 6 One-off ‘gesture’ to retired civil servants AN ANNOUNCEMENT will be made within the next few months on a possible one-off payment to retired civil servants whose pensions were set before major public sector pay revisions, Deputy Prime Minister Lee Hsien Loong said on Thursday. Speaking607 words
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493 1995-03-25 6 THE Bankruptcy Bill, which seeks to be more sympathetic to the genuine bankrupt but tougher with the recalcitrant, was passed on Thursday. The first major reform of the Bankruptcy Act in more than 100 years, the Bill was sent493 words
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Article, Illustration451 1995-03-25 6 CLERK of Parliament Abilio Looez. 72. will finally retire from his post at the end of this month 17 years after his official retirement. Speaker of the House Tan Soo Khoon informed Parliament on Thursday that he had accepted Mr451 words
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HOME
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847 1995-03-25 7 Nirmal Ghosh - Diplomatic ties with S’pore downgraded Ban on Filipino maids coming to work here Hanging of Filipina for murder By Nirmal Ghosh Manila Correspondent THE Philippines on Wednesday downgraded its diplomatic ties with Singapore, ordering the immediate and indefinite recall of its Ambassador to the Republic847 words
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Article288 1995-03-25 7 FILIPINO maid Flor Contemplacion was 38 when she was charged with the double murder of fellow Filipina Della Maga, 34, and her Singaporean charge, Nicholas Huang, four, in May 1991. Both bodies were found in the flat of Mrs Maga’s employers in Block 147, Gangsa Road, off Bukit288 words
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685 1995-03-25 7 THE Ministry of Home Affairs last week rebutted new allegations regarding Flor Contemplacion, the Filipina who was hanged in Singapore for having committed the murder of Mrs Della Maga, a maid, and Nicholas Huang, her four-year-old ward. The allegations were made in an affidavit685 words
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Article, Illustration246 1995-03-25 7 IN HER affidavit, Virginia Custodio Parumog alleged that Contemplacion, whom she had met in Changi Prison Hospital in 1992, told her that she did not kill the maid, Della Maga, or her ward, Nicholas Huang. Parumog claimed that Contemplacion had said that: on246 words
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458 1995-03-25 7 FILIPINO maids here said they want to stay in Singapore, rebuffing Philippine President Fidel Ramos’ offer to fly them home for free. None of the 50 maids who spoke to The Straits Times on Wednesday wanted to go home. They were458 words
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Article, Illustration486 1995-03-25 8 Western technology helping to make Chinese medicine acceptable A GROWING number of graduates are enrolling at the Chinese Physicians’ Training College, which was set up in 1953. About half of the school’s latest intake of 76 students are graduates from the National University of Singapore.486 words
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Article262 1995-03-25 8 HEART patients can now go to the new Singapore Heart Centre, the national centre for heart disease, for specialist tests not found elsewhere. For example, the $850,000 gamma camera, not available in other hospitals, produces images of blood flow in the heart in patients who262 words
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Page 8 Miscellaneous
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Miscellaneous1251 1995-03-25 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31V BAND) MONDAY 1100 News in Brief/Weather Forecast (Asia Pacific) 1105 Frontiers 1120 Business Market Report 1130 Full News 1138 The Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 E Z Beat 12201,251 words
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SPORTS
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Article, Illustration514 1995-03-25 9 Thomas Koh - ATHLETICS: By Thomas Koh HIGH jumper Wong Yew Tong is on a roll and there seems to be no stopping him. The 23-year-old soared 2.16 metres on Sunday at the SAAA-Asics Allcomers Meet at the National Stadium, eclipsing his two-week-old national record514 words
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353 1995-03-25 9 Shirlyunn Ho-Pereira - By Shirlyunn Ho-Pereira THE Singapore Amateur Swimming Association will consider holding special South-east Asia Games trials for foreign-based swimmers if they return home for holidays. Said Sasa secretary-general Woon Sui Kut: "If they are back home for the' summer holidays and have353 words
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Article, Illustration542 1995-03-25 9 Thomas Koh - Gallant Lions win hearts, but lose penalty shootout Philips International soccer semi-finals: S’pore 1 Osters IF 1 (Osters 5-4 on penalties) By Thomas Koh IT WAS an epic match that neither team deserved to lose. But in the end, it was the Singapore542 words
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MALAYSIA
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Article, Illustration582 1995-03-25 10 Suspect held as experts say poison enough to kill 7 million people IPOH Forty-one drums of highly toxic potassium cyanide have been found, dumped on the north-east coast of Pulau Pangkor near here, just 100 m from three fish farms. According to The Star on Tuesday.Timesgrapfiics; NST picture. - 582 words
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232 1995-03-25 10 NST. JOHOR BARU Johor would seek Singapore’s expertise to clean up the polluted Skudai River here. Mentri Besar Tan Sri Muhyiddin Yassin said. He said on Monday that the state government had decided to turn to Singapore for help in viewNST. - 232 words
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240 1995-03-25 10 IPOH Indians now have less than 1-per-cent stake in the country's economic cake, according to the Malaysian Associated Indian Chamber of Commerce and Industry (Maicci). The Star on Monday quoted the group’s president, Datuk V. K. K. Teagarajan, as saying that240 words
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518 1995-03-25 10 Chinese community. Bernama. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad on Tuesday said Malaysia’s success in development was due to the confidence of the people in equitable sharing of power among ethnic component parties of the National Front. He said the philosophyChinese community. Bernama. - 518 words
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ASEAN
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478 1995-03-25 11 Paul Jacob - Rise of yen seen as a motivating factor for business to enter Indonesia By Paul Jacob Jakarta Correspondent INDONESIA is seeking higher levels of Japanese investment commitments and increased opportunities for exports to Japan following the rise in the value of the yen against the478 words
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Article, Illustration101 1995-03-25 11 RESIDENTS of Tachilek surveying the damage in the wake of Monday's attack on the Myanmar border town by opium warlord Khun Sa's Mong Tai army. The bustling trading post opposite the Thai town of Mae Sai has reopened. But trading volume is reported to havedropped sharply. Bangkok Post picture. - 101 words
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190 1995-03-25 11 Teresa Ooi - By Teresa Ooi in Sydney A PHILIPPINES senator has claimed that an Australian syndicate has been selling children often girls under 10-years-old to overseas paedophiliacs. Foreign diplomats are suspected of being clients of the syndicate, which allegedly uses the computerised information superhighway,190 words
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Article, Illustration480 1995-03-25 11 Paul Jacob - Warning to publications put out by activist groups By Paul Jacob. INFORMATION Minister Harmoko, in a clear reference to unlicensed publications put out by activist groups, served notice that the Indonesian government would not hesitate to act against newspapers and bulletins published without480 words
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COMMENT / Pick of the week’s editorials
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Article642 1995-03-25 12 MARCH 24. 1995 MANILA’S decision to recall its ambassador to Singapore, ban maids from coming to work here, cancel a visit by its Chief of Staff and postpone bilateral naval exercises is regrettable. The two countries are Asean allies and close trading partners. Nothing that happened642 words
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Article660 1995-03-25 12 MARCH 21. 1995 SINGAPOREANS could be excused if they are amazed and angered by the Philippines' elevation of a convicted doublemurderess to the status of a national heroine after her execution last week. But that is the way of mob logic. Filipina Flor Contemplacion, who660 words
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Article638 1995-03-25 12 MARCH 20, 1995 SINGAPORE may have a valuable contribution to make to the worldwide quest for ways and means of tackling the rising incidence of crime by young people. The search is for correctives that go beyond orthodox punishment, and while there can be no justification for638 words
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959 1995-03-25 12 Cherian George - By Cherian George THERE appears to be a missing item in the menu that the Government says Singapore can serve its middle-class citizens. In return for hard work, the Government promises a high material standard of living, quality education, health, housing959 words
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FEATURE
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Article, Illustration1225 1995-03-25 13 Cuts in its water supply pipelines threatened to choke off the operations of Singapore’s biggest multinational investor. As a result, oil giant Shell turned to desalination to ward off any such crisis. Are there lessons here for Singapore, which is alsoTimesgraphics - 1,225 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, Illustration2164 1995-03-25 14 It has been a year since managed health-care schemes were introduced here as a solution to escalating health-care costs. Ng Wei Joo finds out what has been the experience so far. IN 1991, Heshe Holdings’ corporate medical bills shot up by 26 per cent. The increase the2,164 words
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Article, Illustration1168 1995-03-25 15 Seldom has the size of the Budget surplus come under such close scrutiny in Parliament as it did last week. But what determines the size of a Budget surplus in the first place? Tan Kim Song reports. THE Government’s revised budget surplus for fiscal1,168 words
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Article, Illustration1251 1995-03-25 15 Leslie Fong - THINKING ALOUD Leslie Fong WHAT would be an appropriate level of public spending on the arts for a city state of Singapore’s size, wealth and sophistication? One per cent of Gross Domestic Product? Half of that? Five per cent of total public1,251 words
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MONEY
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Article6682 1995-03-25 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Mar 24.1995 I 1994/95 Curr Last Vol Day Grs Net M Cap WtAvg High Low Company Traded Sale +or'000 High Low Div P/E Smil Price *****8 m t Acma 50c 424 Cd 10 60 428 414 22 5 89 584 5 4176,682 words
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332 1995-03-25 17 THE Singapore stock market see-sawed this week, taking its cue from worldwide events Interest rate jitters that were triggered off earlier this week by the weakening dollar, caused share prices in Singapore and the region to slide. News that the federal District of Columbia332 words
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Article86 1995-03-25 17 ST Industrials Index The Straits Times Industrials Inde* fell 45.28 points on the week to 2056.55. DAY CLOSE TURNOVER Monday 2091.54 (—10 29) 91.929m ($257 259m) Tuesday 2089 07 (-247) 73.391m ($*****6m) Wednesday 2081.03 (-8.04) 80 475m ($249 459m) Thursday 2078.55 (-248) 103.58m ($279 893m) Friday 2056.55 (-22.00)86 words
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Article694 1995-03-25 18 Tycoon Ng’s Orchard Parade denies takeover plans MALAYSIAN businessman Quek Leng Chan has apparently told Yeo Hiap Seng he was buying YHS shares "for investment” purposes only. Sources said on Wednesday even as the stock market tried to digest what looked like possible preparation for694 words
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2791 1995-03-25 18 CORPORATE RESULTS Net Earn KPS Dale n L\ l\ 1 C nrnpans ann tSm) lets) (cts) 'BK Hldgs Feb 28 P 200" 2.7?2 4.6 6.5 aisb* Nov 21 P 3.05 'L 2 045 2 04 Vlex Hldgs Dec 20 1 1.84b 12 106 9.48 60.5 \mal2,791 words
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176 1995-03-25 18 SHARE scrip worth Mss million (Ss2.B million) sent by Baring Securities Singapore to Malaysian stockbrokers last week have allegedly been stolen. The scrip were sent by courier through DHL International. They were discovered missing on Monday from three bags stored in176 words
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372 1995-03-25 18 He attributes it to sound and prudent management AFP, Reuter. KUALA LUMPUR Malaysia’s gross domestic product (GDP) grew more than 8.5 per cent last year, exceeding the central bank’s forecast of 8.4 per cent, Finance Minister Datuk Seri Anwar Ibrahim was quotedAFP,; Reuter. - 372 words
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145 1995-03-25 18 LISTED Liang Court will manage a 1,800-unit hotel and service apartment complex in the resort town of Zhaoqing, Guangzhou. Liang Court Hospitality, the company’s hospitality arm, will operate the five blocks of 25-sto-rey buildings built on a 6.8-ha plot which is145 words
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498 1995-03-25 19 Tammy Tan - By Tammy Tan HEAVYWEIGHTS Singapore Telecom and Creative Technology have embarked on their first-ev-er joint venture to upgrade the existing Teleview service and make it more user-friendly. The two technology bigwigs are understood to be working out enhanced features for the public498 words
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Article433 1995-03-25 19 Friday March 24 HK$ ASM Pacific 5.05 0.075 Allied Ind Int'l 0 35 0.01 Allied Oversea 0.55 unch Asia Sec Int 2 58 unch Bank of EA 21.95 0.10 C P. Pokphand 2.15 0.05 CDL Hotel 3.25 0.02 Cafe De Coral 1.89 0.03 Cafh Pac Air 12.05 0.05 Century433 words
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Article354 1995-03-25 19 Manager's prices for Mar 25 27 Singapore Unit Trust The Commerce 1.56-1.65 The Savings Fund 141 ’.49>J S pore Prog Fund 0.57-061 S pore Sec Fund 0 93—0.99 S pore Invest Fund 1.11-1.18 S pore Equity Fund 0 71—0 75 Credit Lyonnais Int’l Asset Mgt Cl Asia Pac354 words
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Article, Illustration472 1995-03-25 19 Chan Sue Meng - By Chan Sue Meng PERSONAL loans growth started showing signs of cooling off even before last month’s Monetary Authority of Singapore (MAS) curbs on unsecured personal credit and car loans. In January, bank loans to professionals and private individuals rose by 38.6 per centTlmesgraphics; Source: Masnet - 472 words
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Article151 1995-03-25 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.4047 1.4218 Sterling pound 2.2177 2.2731 Australian dollar 1.0075 1.0387 Canadian dollar 0.9921 1.0158 NZ dollar 0.9000 0.9316 EC unit 1.8516 Singapore dollars to 100 of foreign currency units Austrian schilling 13.9571 14.5747 Belgian151 words
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327 1995-03-25 19 CONSUMER electronics giant Sony Corporation has set up a world repair parts centre (WRPC) in Singapore, its first outside Japan. The US$5 million (Ss7.l million) centre is managed by Sony International (Singapore) Ltd (Sonis). The centre stores and supplies locally procured parts,327 words
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Article122 1995-03-25 19 Contract data: 24/3/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 5 5', 5-4 54 54 4/i 28.3/95 AS 7 7«/ 2 7*4 8 8*4 54 28/3/95 n:s 8 4 8‘/i 8 Vi 8*. 84 6*» 28 '3/95 STG 5»«122 words
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520 1995-03-25 20 But uncertain stock market outlook may dampen this year’s showing BOTTOM-LINE profit for Overseas Union Bank blazed past the $2OO million mark last year to hit $218.6 million, up 33.8-per cent. But the group could be hardpressed to repeat such growth this520 words
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263 1995-03-25 20 INDUSTRIAL Commercial Bank (ICB) on Tuesday reported a 42-per-cent surge in group net profit to $60.5 mil* lion. This profit performance far exceeded G.K. Goh’s expectation of a 6-per-cent increase to $45.3 million as outlined in the latest issue of263 words
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409 1995-03-25 20 MARINE-BASED conglomerate Sembawang Corp last Friday reported lower than expected net earnings of $79.8 million for 1994. The 13.3-per cent fall in net earnings occured despite a 65.7per cent jump in turnover to breach the billion-dollar mark at $l.l billion. Sembawang409 words
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620 1995-03-25 20 PROPERTY group DBS Land has reported an 88.9-per cent surge in net earnings to a new high of $148.6 million and expects profit this year to show further gains. The result was in line with analysts’ forecast of $148.8620 words
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299 1995-03-25 20 NATIONAL carrier Neptune Orient Lines (NOL) on Monday reported net earnings of $62.64 million, a 16-per-cent drop which it blamed on the weak charter freight market and the strong Singapore dollar. This contributed to a 22-per-cent fall in earnings per299 words
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Article66 1995-03-25 20 RUBBER components supplier San Teh Ltd reported a 14.3-per-cent increase in group net profit to $11.4 million for the year ended Dec 31, 1994. Group turnover rose 23.8 percent to $61.7 million, thanks to strong demand from major customers, it said. The group66 words
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Page 21 Advertisements
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Advertisement840 1995-03-25 21 The Straits Times Weekly Edition fit 66 NATIONAL UNIVERSITY W OF SINGAPORE DEPARTMENT OF BIOCHEMISTRY Applications are invited for teaching appointments in the Department of Biochemistry. Candidates should have either a PhD degree or an approved basic medical degree with a recognised higher academic/professional qualification. Preference will be given to840 words
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Page 22 Advertisements
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Advertisement787 1995-03-25 22 .4'4,’w efewjjSi The Straits Times Weekly Edition V:"' -y Technologies for Moving awrf N ;.v.; .v.; .t-'y At National Semiconductor, our nonstop quality ties company goals with your goals. Which is why you can expect a good working environment, challenging work, good promotion prospects, and an excellent salary and benefits787 words
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FORUM
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Article, Illustration363 1995-03-25 23 I REFER to the debate on the Budget of the Ministry of Trade and Industry. It is timely to take into account not only the financial and tax incentives offered to Singapore managers to compensate them for the hardships they experience in363 words
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257 1995-03-25 23 THE so-called freedom of expression and freedom of the press, a boast of the Western media, can often be too much of an exaggeration. The Sydney Morning Herald published an article by C. Lingle, probably syndicated throughout the United States and elsewhere,257 words
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Page 23 Advertisements
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Advertisement114 1995-03-25 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 very exceptional circumstances, such114 words
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Advertisement48 1995-03-25 23 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.48 words
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561 1995-03-25 24 Wang Hui Ling - Corporatisation of new company by September, says Yeo Cheow Tong By Wang Hui Ling THE Public Utilities Board’s electricity and gas departments will be corporatised by September, and the public listing of the new company will follow in the middle of next year.561 words
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267 1995-03-25 24 THE law will be tightened against those dealing in pornographic video tapes, Information and the Arts Minister George Yeo said last Friday. “We are now looking at increasing the penalties, including making jailing mandatory for repeat offenders,” he said to MPs’ queries267 words
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Article, Illustration500 1995-03-25 24 Derwin Pereira - By Derwin Pereira MALAYSIAN Defence Minister Datuk Seri Najib Tun Razak on Thursday received Singapore’s highest military award for fostering closer defence ties between the two countries. He was awarded the Darjah Utama Bakti Chemerlang (Tentera) or the Distinguished Service Order (Military) by President Ong500 words