The Straits Times : Weekly Overseas Edition, 7 October 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, OCTOBER 7, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
    20 words
  • 793 1  -  Tighter controls over acupuncturists and processed medicines By Allison Lim THE practice of traditional Chinese medicine will be regulated in phases by the Ministry of Health starting with self-regulation by the community. There will, however, be tighter controls over acupuncturists and processed Chinese
    793 words
  • 241 1  -  By Wong Hiew Peng HE PAID $420,000 for his claypot rice stall in a Bedok hawker centre six months ago and has had no regrets since. At his Central Eating Stall next to the Bedok bus interchange on Thursday evening, Mr Simon
    – Picture by FRANCIS ONG.  -  241 words
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  • NEWS FOCUS
    • 967 2  -  By Tan Ooi Boon BRITON John Martin, accused of killing and dismembering a South African tourist, was taught butchery by a prison caterer, the prosecution said at the start of his trial on Monday. In her opening statement, DPP Jennifer Marie said a
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    • 515 2  -  CAAS aims to raise Spore’s rating By Rav Dhaliwal CHANGI airport is taking steps to improve its attractiveness as a shopping spot for air travellers. It is adding more shops, moving some existing shops to make them more accessible, and increasing the variety
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    • 642 2  -  By Chan Sue Meng FORMER Barings futures trader Nick Leeson, who was blamed for sinking Britain’s oldest merchant bank, should be extradited to Singapore, a German court ruled on Wednesday. German senior state prosecutor Hans-Her-mann Eckert told The Straits Times that the High Criminal Court
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    • 160 3 HAPPY BIRTHDAY NUS: The National University of Singapore shared its 90th birthday cake with its oldest living alumnus, Mr V. Ambiavagar (left), last Saturday night. Mr Ambiavagar, who turns 90 this month, cut the cake together with NUS Vice-Chancellor Lim Pin (second from left), Prime Minister Goh
      Picture by MALCOLM MCLEOD.  -  160 words
    • 365 3  -  By Paul Jacob Jakarta Correspondent DEPUTY Prime Minister Tony Tan assured Singaporeans here on Wednesday that the Government would give serious attention to the question of education for children of those who worked overseas. In remarks at a tea reception
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    • 517 3  -  By Pang Gek Choo MR EU Chooi Yip, a former Communist Party of Malaya (CPM) leader who was allowed to return to Singapore four years ago, died of a lung infection on Wednesday. He was 76. He was warded in the Intensive
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    • 436 3 SINGAPORE has offered to set up a centre for Apec to harmonise standards for clinical trials of new drugs. The proposal was made on Thursday in Beijing by Minister for Trade and Industry Yeo Cheow Tong, who was addressing the inaugural
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  • HOME
    • 273 4 More than 100 senior officers pushed up MORE than 100 senior police officers have been promoted and a number of changes are expected to be made soon involving several key positions. The promotions from the ranks of inspector (2) to deputy commissioner came
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    • 486 4  -  By Rav Dhaliwal SINGAPORE Airlines has bought five sets of wireless computer terminals so that it can check in departing passengers away from airport check-in counters. It plans to use these portable terminals to handle delegates to the World Trade Organisation,
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    • 342 4  -  By Liang Hwee Ting A SINGAPOREAN businessman was murdered in his hotel room by robbers in Haadyai, Thailand, last week. Mr Tay Suay Tee, 36, was the third visitor killed in Haadyai hotels in a fortnight, Thai police said on Thursday.
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    • 401 4 FOR 26-year-old David Lee, deafness is not an impediment but a spur. He already holds a polytechnic diploma, but he is now studying for an engineering degree in Britain after working as an engineering assistant for about two years. “I realised
      Picture by STEVEN LEE.  -  401 words
    • 473 5  -  He alleged he had been robbed Doctor in peeping Tom case By Ginnie Teo and Karamjit Kaur A MAN whose police report landed a doctor in trouble with the law for being a peeping Tom is facing trial himself. Last Saturday, Dr
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    • 157 5 SEX IN A CAR IS HAVING sex in a car against the law? Yes, said five lawyers interviewed on Monday. It can be classified as committing an obscene act in a public place to the annoyance of others. Those caught can be jailed
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    • 521 5  -  By Ahmad Osman VETERAN unionist G. Kandasamy, 74, is no longer the leader of the biggest union in the public sector. He stepped down as the general secretary of the Amalgamated Union of Public Employees at a conference on Sunday. He was
      Picture by STEPHANIE YEOW.  -  521 words
    • 296 5 A NEW business club with more than 500 local companies as members was launched on Tuesday to help sharpen the competitive edge of Singapore businessmen in China. Called the China Business Group (CBG), it is the first business club which takes
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    • 313 5 CHANGI airport was voted the world’s best for the eighth year running in the prestigious London-based Business Traveller reader survey. It also topped a newly-created category for Best Airport for Personal Safety. Singapore Airlines was voted the Best Long-Haul Carrier for the second
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    • 417 6  -  Up to $900,000 saved in legal costs By Brendan Pereira NEARLY 90 per cent of civil cases sent for mediation were settled successfully out of court. Since settlement conferences started in the Subordinate Courts in June last year, there
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    • 353 6 SINGAPORE Telecom is paying small investors gross dividends, to help them sidestep the need to claim for tax credits under the standard practice of net dividend payment. As with last year, Telecom said on Monday that small investors, including more than
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    • 188 6 A MAN was sentenced to 10 years’ preventive detention and three strokes of the cane last Friday for burning two National Day buntings. He had pleaded guilty to a charge of vandalism. District Judge Louis D’Souza passed the sentence after considering Ho Say Whatt’s
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    • 454 6  -  By Sharon Vasoo A FEW weeks ago, Phang Zeng Xiang walked through a glass door. He spent a week in hospital after doctors stitched him up. When the Primary 5 pupil hobbled back to school on crutches on Sept 18, he not only
      Picture by WONG POK SEE.  -  454 words
    • 421 7  -  Record amount for professorship raised easily thanks to ex-President Wee By Geraldine Kan RAISING $2.25 million was the easiest thing to do, thanks to former President Wee Kim Wee. That sum, the largest amount raised for a university professorship established through the Universities Endowment Fund, was no
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    • 591 7  -  By Cherian George THE Television Corporation of Singapore may launch a second all-Chinese channel within a year to complement Channel 8. The new channel would carry sports, arts and documentaries a similar mix to that on the English-language Premiere 12. The national
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    • 314 8 EVER seen a market being packed up? Last Saturday was the last day of business at Cuppage Centre. You had to pick your way over wooden planks, metal bars and discarded boxes to move around. Several wet market stalls on the second floor
      Pictures by ALI YUSOFF.  -  314 words
    • 384 8 THE Health Ministry is looking into allowing pharmacists to dispense about 80 drug products, which now require a doctor’s prescription. This move by the end of the year will help to cut down the need to see a doctor and so reduce healthcare costs,
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  • Page 7 Advertisements
    • 189 7 Home Delivery Weekly A crisp summary of the week's major happenings in Singapore, the newspaper covers news from politics, to business, to investment opportunities and others. What's more, it also offers news on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be, once a week. So,
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  • Page 8 Miscellaneous
    • 1253 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3IM BAND) MONDAY 1100 News in Brief/Weather Forecast 'Asia Pacific) 1105 Frontiers 1120 Business Market Report 1130 Full News 1138 The Front Pape 1140 Take Five 1145 Business world 1200 News in Brie 1205 t Z Beat 1220
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  • SPORTS
    • 355 9  -  Tiger Beer Premier League Soccer By Shirlynn Ho-Pereira TWO magical touches were enough to win Geylang International $70,000 last Saturday. And once more, they were provided by club faithful Zlatko Vidan, who helped Geylang come back from a onegoal deficit to beat Tampines Rovers 2-1. With
      Picture by JERRY SEH.  -  355 words
    • 542 9  -  GOLF By Tay Cheng Khoon THERE is now another excuse for senior executives to be at the golf course: the Golfing World-Business Times Corporate League. Twenty-four business houses will take part in this monthly league which will be held on every third
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    • 322 9  -  By Joe Dorai MANUEL AMOROS, a former captain of France, is among 32 footballers interested in playing in the S-League next year. Agents for the 34-year-old defender have been in touch with Douglas Moore, the chief executive officer of the League, Singapore’s first venture
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  • MALAYSIA
    • 624 10  -  Sanusi’s defeat in Umno contest By Kalimullah Hassan in Kuala Lumpur PRIME Minister Datuk Seri Dr Mahathir Mohamad said on Monday his plans for his home state of Kedah may be hampered by the defeat of his staunch supporter, former Agriculture Minister Datuk
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    • 388 10 NST, Bernama. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad was still in control of Umno despite doubts created by the foreign media, said party vice-presi-dent Tan Sri Muhyiddin Yassin. Accusing the foreign media of trying to undermine the country’s political
      NST,; Bernama.  -  388 words
    • 216 10 Bernama, Reuter. KUALA LUMPUR Malaysia’s Umno Youth has appealed to United Arab Emirates (UAE) President Sheikh Zaid Sultan Al-Nahayan to spare the life of a 16-year-old Filipino maid who has been sentenced to death for murder. Its International Affairs Bureau executive
      Bernama,; Reuter.  -  216 words
    • 171 10 JOHOR BARU A brother and sister who lived together as husband and wife for 10 years have been sentenced to jail for 30 days by the Syariah Court here for having illicit sex which resulted in the births of three children. Harian Watan
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    • 498 10 NST. KUALA LUMPUR International and local syndicates are believed to have collaborated to steal Malaysian international passports which are then used by prostitutes and criminals. A check by the New Sunday Times confirmed that stolen Malaysian passports had surfaced in Hongkong, Macau,
      NST.  -  498 words

  • SOUTH-EAST ASIA
    • 588 11  -  By Paul Jacob Jakarta Correspondent PRESIDENT Suharto on Tuesday stressed the importance of economic development and cooperation among Asean mem-ber-countries, saying in discussions with visiting Deputy Prime Minister Tony Tan that such efforts would help strengthen the resilience of the entire region.
      Reuter picture.  -  588 words
    • 402 11  -  By Paul Jacob Jakarta correspondent THE youth wing of the ruling Golkar has come out with an early endorsement of President Suharto’s re-election and will recommend that the party back his nomination for a record seventh term in 1998. The chairman of the
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    • 322 11 Reuter. BANGKOK Myanmar’s military government will not discuss political reform with democracy leader Aung San Suu Kyi as a military-appointed national convention is the proper forum for such debate, according to Yangon’s Ambassador to Thailand. Mr Tin Winn, in an interview with
      Reuter.  -  322 words
    • 398 11  -  PAUL JACOB. BUSINESS tycoons who have pledged to help redress economic and social imbalances in Indonesia signed an agreement with the government on Monday to provide matching funds for a savings scheme aimed at alleviating poverty in the
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  • COMMENT / Pick of the week’s editorials
    • 664 12 OCT 5, 1995 ON A matter as abhorrent as violence to women and children committed by the men of the household, either provoked or unprovoked, the wisdom of the day must be that any climate of censure, convention or law that would reduce or deter such
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    • 643 12 OCT 2. 1995 THE problems that Singapore's disabled might have to face are, in a way, part of the challenge of prosperity. It calls for creative solutions that reconcile commerce-driven norms that cater to the majority with minority requirements, so that the competitive yang spirit is complemented
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    • 641 12 SEPT 30. 1995 WHAT is truly heartening about the Malay community’s achievements is that they have been earned, and not donated, in a competitive and meritocratic environment. It is impossible to over estimate the importance of the point, which Prime Minister Gch Chok Tong made at a
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    • 1060 12  -  By Tan Sai Siong IT WAS a mere paragraph buried in a court report last week on the six-year sentence handed down to Madam Tan Hang Cheng for killing her two young daughters and then trying to kill herself. But that little paragraph
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK


  • MONEY
    • 7225 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Oct 6.1995 1995 High Low Company Curr Last Traded Sal* +orVol '000 Day High Low Qr'a Oiv N*t P/E M Cap Wt Avg Smil Price 210 180 Acer 50c US 194 4 682 196 190 13.2 321.2 530 382 m 1 Acma
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    • 297 17 THE Singapore market teetered this week, but blue-chips regained favour on selected bar-gain-hunting. Bank and property stocks saw some serious buying midweek, but brokers said funds had not come into the market in a big way. Speculative counters such as Stamford Tyres and
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    • 88 17 ST Industrials Index The Straits Times Industrials Index rose 21.97 points on the week to 2142.00 DAY CLOSE TURNOVER Monday 2120.19 (+0.16) 95.641m (5198.865m) Tuesday 2110 40 (-9 79) 109.43m (5200.691m) Wednesday 2127.72 17.32) *****m (5204.470m) Thursday 2143 56 15 84) *****m (5261.061m) Friday 2142.00 (-1.56) 104.93m (5267
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    • 406 18 PARKWAY Holdings has made its foray into primary health care with a $6.5 million acquisition of Shenton Medical Holdings’ chain of seven clinics. Its subsidiary, Gleneagles Hospital Ltd, announced on Thursday the completion of a sale and purchase agreement for Shenton’s entire issued share capital
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    • 2965 18 CORPORATE RESULTS Date \ct Earn T\ l.\ KPS n l\ Company ami (Sml <Sm) lets) lets) Aetna Sep 11 1 8.202 5 716 20.8 35.5 Alcorn* Sep 14 1 14 510 9 373 1 1 4 4 Alliance Tech Sep 27 1 1.5891 0 002 Amcol
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    • 342 18  -  Network trials scheduled to take place next February By Tammy Tan SINGAPORE will be the world’s first country to test the new wireless phone technology which offers higher call traffic capacity as well as faster installation time. Singapore Telecom, together
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    • 359 18  -  By Jean Chia COMPANIES with takeover stories tagged to them have seen their stock prices leapfrog by as much as 275 per cent for the year to date. The list of top percentage gainers in the first nine months of this year is dominated
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    • 452 19 BT. THE economic adviser to the Malaysian government, Tun Daim Zainuddin, slammed market regulators on Monday for their failure to prosecute anyone for insider trading and market manipulation. Delivering the keynote address at a capital market conference in Kuala Lumpur, he
      BT.  -  452 words
    • 434 19 Friday Oct HKS ASM Pacific 7 40 0.050 Allied Ind Int'l 0.41 0.01 Allied Oversea 0.56 0.01 Asia Sec Inf 2 50 unch Bank of EA 26.05 0.15 C P Pokphand 3.25 0.05 COL Hotel 3 42 unch Cafe Oe Coral 2.00 -005 Cath Pac Air 12.00 unch Century
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    • 426 19 Manager*’ prices, Oct 9 Singapore Unit Trust The Commerce 1.54—1.63 The Savings Fund 1 49—1.58 S pore Prog Fund 0 58—0.62 S pore Sec Fund 0.90 —0.95*d S'pore Invest Fund 1.06—1.12 S'pore Equity Fund 075—0.80 Credit Lyonnais Int’l Asset Mgt Cl Asia-Pac Gr Fund 2.630-2.765** Cl S'pore Gr
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    • 440 19  -  SPK-Sentosa, Tasek Cement and Uniphone first to be converted By Goh Soo May THE much-awaited details of the Stock Exchange of Singapore's (SES) plan to facilitate scripless trading in Malaysian shares on Clob International have been released to the broking community. The
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    • 147 19 COUNTER RATES Singapore dollars to one unit ot foreign currency Buying 00 SeKng US dollar 1.4167 1.4339 Sterling pound 2.2257 2.2816 Australian dollar 1.0634 1.0963 Canadian dollar 1.0519 1.0771 NZ dollar 0.9240 0.9568 EC unit 1 8586 Singapore dollars to 100 of foreign currency units Austrian schilling 13.8662 14.5079
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    • 165 19 NEW DELHI Singapore Airlines (SIA) has forged an alliance with Tata Consultancy Services and Datamatics of Bombay to establish a joint-venture company with an initial equity capital of 100 million rupees (S$4.S4 million). The company, in which SIA owns 51 per
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    • 115 19 Contract data: Oct 6. 1995 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USJ 5 5>/« 54 54 5 44 10/10 95 AS 64 6 7 i 7 64 64 54 10/10/95 NZS 84 84 84 74 74 7 Vi 10/10/95
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    • 361 20  -  By Ann Williams SINGAPORE faces two limits when it comes to how much bigger it can grow by reclaiming land from the sea the high cost of deep-water reclamation and the competing need for sea-lanes and anchorage for ships, the Urban Redevelopment
      Timugraphics; Source: URA 1991 Concept plan  -  361 words
    • 451 20  -  By Gob Soo May SEVEN errant dealers have been fined between $lO,OOO and $50,000 each in the latest round of disciplinary actions taken by the Stock Exchange of Singapore. These include action taken against five dealers, from three different broking houses,
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    • 356 20 THE Stock Exchange of Singapore (SES) has introduced an automatic order matching system for bond trading, which started on Tuesday, in order to improve liquidity in the bond market. The Bonds Quotation System (BQS) is based on the SES’ Central Limit Order Book
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    • 363 20  -  By Douglas Wong APPLE Computer Inc on Thursday launched the world’s first commercial Chinese-lan-guage voice input system for computers, a product developed entirely in its Singapore research facility. Called the Apple Chinese Dictation Kit (ACDK) and codenamed "Tangerine”, it comprises a dictation
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  • Page 21 Advertisements
    • 779 21 'm&m > The Straits Times Weekly Edition W: m ip n MONETARY AUTHORITY OF SINGAPORE As the de-focto central bank of Singapore, our mission is to promote sustained and non-inflationary growth of the Singapore economy, as well as to foster a sound and progressive financial services sector. We invite you
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  • Page 22 Advertisements
    • 745 22 Periphonics jjpi CORPORATION SOFTWARE: TELECOM/COMPUTER SYSTEMS A leading world-wide supplier of voice processing systems, used to automate telephone transactions, is expanding our staff to support growth in business. We seek an Application Development Engineer to implement customer specific project working closely with our customers and sales staff Many of the
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  • 446 24  -  Contract awarded to consortium led by Philips Singapore By Leong Chan Teik THE Land Transport Authority yesterday awarded a $197-million contract for the world’s first electronic road pricing (ERP) system to a consortium led by Philips Singapore. Mitsubishi Heavy Industries and Miyoshi Electronics
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  • 703 24  -  By Susan Sim GOVERNMENTS of the world must draw a clear line between right and wrong, good and bad. If they abandon society to the excesses of the media and the internet, the young will be destroyed, and with
    703 words
  • 239 24 A SYNDICATE that used fake Singapore immigration rubber stamps to give two-week socialvisit extensions has been smashed. In a raid early last Friday, police arrested 17 foreigners all men from nearby countries from a construction site in Queensway. Eight fake Singapore immigration rubber
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