The Straits Times : Weekly Overseas Edition, 9 March 1996

Total Pages: 22
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, MARCH 9, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
    20 words
  • 594 1  -  Need to rise to challenges of electronic media By Chua Mui Hoong PRIME Minister Goh Chok Tong on Thursday called on Asean countries to work together to develop and promote an Asean philosophy in the new electronic media, which is now dominated by
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  • 332 1 ASEAN countries are considering setting up a joint satellite television channel to present an Asean approach to news and entertainment. The seven Asean ministers agreed at the close of the fourth Asean information ministers’ meeting on Thursday to get a group of technical experts
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  • 414 1  -  By Koh Buck Song IN 1992, Yuhua MP Yu-Foo Yee Shoon suggested in Parliament that there be a prize for a Model Man. Concerned over the growing number of divorces here, she said that such an award for outstanding Singapore men would
    Picture by GEORGE GASCON.  -  414 words
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  • NEWS FOCUS
    • 692 2  -  CJ spells out ways to resolve such matters By Brendan Pereira CHIEF Justice Yong Pung How last Saturday unveiled a comprehensive set of measures to make the divorce process less traumatic, to provide children in custody battles with their own lawyers, and
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    • 416 2  -  The F-5 upgrade will give the aircraft improved radar and avionics capabilities, comparable to new, more modem fighters such as the F-16, but at a fraction of the cost of buying new aircraft. By Thomas Lee THE Republic of Singapore Air Force’s (RSAF) fleet
      Picture by STEVEN LEE.  -  416 words
    • 255 2 PRIME Minister Goh Chok Tong has congratulated Australian Prime Minister-elect John Howard on his "resounding victory” at the recent general election. In a letter to Mr Howard on Tuesday, which was made public on Wednesday, Mr Goh said that Mr Howard now
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    • 130 2 SINGAPORE, expressing shock and dismay at the recent spate of bombings in Israel, has called for restraint by all parties and reaffirmed its support for the Middle East peace process. Noting that the bombings have claimed the lives of many innocent people, a
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    • 456 3  -  By Chua Lee Hoong HOME Affairs Minister Wong Kan Seng on Thursday urged the local Chinese community to take the lead in promoting racial harmony here. He said that, as the majority, Chinese Singaporeans played a key role in many
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    • 281 3 SINGAPORE must continue to build on and maintain its reputation as an economic success story as this had become its brand name, said Mr Wong Kan Seng on Thursday at the opening of the Chinese Cultural Festival. It was this reputation that
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    • 289 3 THE Chief of Navy, Rear-Admiral Kwek Siew Jin, will relinquish his appointment as Chief of Navy on June 30 and join the Singapore Mass Rapid Transit (SMRT) as its managing director. Rear-Admiral Richard Lim Cherng Yih, the director of
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    • 432 3 ON WEDNESDAY, leukaemia patient Cheng Ern Lijn finally got to thank Law Yan Mee in person for giving her the bone marrow transplant that saved her life. It was exactly a year after the transplant operation, Singapore’s first matched unrelated bone marrow transplant.
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  • HOME
    • 433 4 The Treasury to house key ministries THE newest government building along High Street will have an old-world facade to blend in with its surroundings in the Civic and Cultural District. To be called The Treasury, it is only 11 storeys high to fit in
      Picture by LAL FOOK KONG.  -  433 words
    • 574 4  -  By Tan Ooi Boon A DIVISION head of building materials company, Resources Development Corporation, was on Monday jailed eight years and ordered to be caned six strokes for raping his Indonesian maid. The High Court convicted Lam Mun Choon. 45.
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    • 302 4 A MAN whose car had twice been scratched set up a video camera on his verandah to catch the culprit. He caught his neighbour, a 63-year-old woman, in the act. She said she scratched his car because she thought he had vandalised hers.
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    • 551 4  -  By Leong Ching Ching THE Government’s policy towards helping poor families is to ensure that their young children have the means to get a good education, said Community Development Minister Abdullah Tarmugi. He said that the Government would try to
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    • 240 5 The MRT North-East Line THERE were cheers from many quarters on Tuesday after the 16 North-East MRT line station sites were announced. Said immigration officer Roslindah Ahmad, 28, who lives in Hougang: “It’s really good news. It will be easier to visit my
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    • 703 5  -  By Tan Hsueh Yun and Sandra Soon FAMILIAR landmarks such as the old Rex Theatre and Youngberg Hospital will soon make way for more intensive development around stations on the North-East MRT line. While some owners and tenants were disappointed by
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    • 415 6  -  Four town councils told move to take effect from June By Walter Fernandez THE Housing Board will stop providing essential maintenance services such as lift rescue and the restoration of utilities to all four opposition town councils from June. Staff at the Hougang.
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    • 446 6 THE four opposition town councils are confident of taking over the provision of essential maintenance services once the HDB ceases to provide them in June. On Friday last week. Bukit Gombak Town Council secretary. Mr Tay Hoon. said that Nee Soon Central Town Council and his own
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    • 183 6 COMMUNICATIONS Minister Mah Bow Tan paid a Hari Raya call on Sultan Mahmood Iskandar of Johor on Sunday, Accompanied by his wife, Mr Mah arrived at the Istana Besar in Johor Baru at 12.20 pm. He met the Sultan and his
      Picture by ALI YUSOFF.  -  183 words
    • 456 6  -  By Susan Sim THE Dutch government gives Singapore priority in terms of its Asia policy because the Republic is a highly industrialised economy with market-friendly policies that are likely to ensure its continuing prosperity, Dutch Prime Minister Wim Kok said on Sunday.
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    • 469 7  -  Quarrel among relatives, friends and neighbours to be included: Chief Justice By Brendan Pereira SQUABBLING relatives, friends or neighbours will be encouraged to talk things over instead of taking their disputes to court as criminal cases. Mediation will be extended to such
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    • 360 7 THERE are about 360 returned government scholars with the civil service, filling top posts in the ministries, the armed and the police forces. About 125 returned government scholars have left government service since the Public Service Commission started sending bright students to
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    • 286 7 WHEN it came to higher education, Asia’s best students have looked to the United States. When they came back, they brought their American ideas to jump-start development in their own countries, turning the American dream of success into the Asian dream.
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    • 504 8  -  Underaged mother was also an escapee By Chang Ai-Lien A 15-YEAR-OLD youth living at Gracehaven Children's Home not only ran away twice, but also fathered a child with an underaged girl. On Thursday last week, he was ordered to be remanded in the young
      Picture by LIM SIN THAI.  -  504 words
    • 389 8  -  By Rav Dhaliwal SINGAPORE aims to draw two million Japanese visitors a year by 2000, with its strategy of positioning itself as a gateway for the region. It will be aggressively
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  • Page 7 Advertisements
    • 186 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
    • 1255 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M BAND) MONDAY 1100 News m Brief Weather Forecast (Asia Pacific) 1105 Frontiers 1120 Business Market Report 1130 Full News 1138 'he Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 E Z Beat
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  • SPORTS
    • 541 9  -  SOCCER by Joe Dorai PRIME Minister Goh Chok Tong will be the guest of honour at a colourful opening ceremony of the S-League at the National Stadium on April 14 at 7pm. Mr Goh's presence will give the S-League, Singapore’s first professional soccer
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    • 261 9 GOLF FORMER Putra Cup hero Phua Thin Kiay was elected the new Singapore Professional Golfers Association president at its annual general meeting on Monday. The 49-year-old takes over from Jurong Country Club professional Lim Swe Chew, and will serve a two-year term
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    • 655 9  -  But signs are encouraging, he says SOCCER By Tay Cheng Khoon LIKE expectant fathers that was how Communications Minister Mah Bow Tan described the S-League Board on Monday. With Singapore’s first experiment with professional soccer due to kick off on April 14, Mr Mah,
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  • COMMENT / ANALYSIS
    • 635 12 MARCH 8. 1996 THE latest refinements, some quite revolutionary in scope and impact, to what Chief Justice Yong Pung How calls the communitarian model of juvenile justice, confirm again that, far from relying on deterrent punishment. Singapore attaches great value to rehabilitation through gentler means.
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    • 656 12 MARCH 6. 1996 ASIA and Europe are no strangers to each other. But a formal partnership is a new concept The Asia-Europe summit (Asem) was significant, therefore. as much for being held at all. as for what it promises to achieve The trigger being economic. this will
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    • 681 12 MARC 5. 1996 ONE of the more succinct readings of the change of government in Australia, after Labor's rout in the weekend election ended a tenure of 13 years, is that it had overstayed its welcome by three years. True democrats apparently do not mind change
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    • 731 12  - Aussies and Kiwis Asia’s reluctant partners By Yeong Ah Seng ASIA is still important to Australia but Australia is not part of Asia, so says the Foreign Minister-designate of the newlv-elected Liberal-National coalition government. It may seem odd that the new Australian government should reiterate its commitment to Asia while
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    • 2388 13 Better to talk earlier and agree on course that will lead to gradual reunification Senior Minister Lee Kuan Yew on China-Taiwan tensions This speech was delivered at a reception for constituency leaders on Sunday at the Shangri-La Hotel. WE HAVE
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1219 14 For the first time, the Administrative Service is seeking out mid-career executives from the private sector to boost its ranks. Chua Mui Hoong examines the impact of the move and asks two Admin Service officers what they do. WHEN the Administrative Service invited promising
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    • WHAT TWO ADMINISTRATIVE OFFICERS DO
      • 378 14 “I JOINED the service in June ’B7, after graduating from the University of Adelaide with a first class honours in Economics. I started out in the Home Affairs Ministry, working with the police department to introduce community policing, and was involved in organisational and op- erational
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      • 366 14 “I KNEW hardly anything about the Administrative Service in my student days, even though I was a Public Service Commission scholar, studying Economics in Cambridge University. I graduated with a second class upper honours degree, and joined the Admin Ser- vice in 1993. My first posting
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    • 1184 15 Many Singaporeans have described this year’s Budget as a “hongbao Budget”, with goodies for all. Businessmen are equally pleased too, with the package of tax incentives and schemes to promote growth. What does Government Parliamentary Committee (Finance) chairman Ow Chin Hock
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    • 950 15  -  THINKING ALOUD Han Fook Kwang WHETHER you call it a big bonus, a hongbao or an election Budget, the Government’s bag of goodies which Finance Minister Richard Hu unveiled on Wednesday last week must rank as its most generous ever. I cannot
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  • MONEY
    • 7655 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Mar 8.1996 1996 Curr Last Vol Day Gr'a Nat M CapWtAvg High Low Company Traded Sale t-or-000 High Low Div P/E Smil Price 214 176 Acer 50c US 194 4 130 194 192 13 1 321.2 494 318 m t Acma 50c
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    • 340 17 FOR the earlier part of the week, performance of the Kuala Lumpur market upstaged the local bourse. Funds rushed into the KL market on talk of a trade surplus for Malaysia for December, which proved to be spot on. In
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    • 93 17 ST Industrials Index The Straits Times Industrials Index Id 20.67 points on the week to 2400.76. DAY CLOSE TURNOVER Monday 2422 28 (+0 85) 75.330m (J232 954m) Tuesday 2432.38 10.10) 123.35m (J342 790m) Wednesday 2429 74 (-2 64) 126 66m (J340 536m) Thursday 2402 43 (-27.31) 150.12m
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    • 763 18  -  Interest seen in new projects, while resale market was quiet: Bankers By Alvin Tay and Tan Li Eng MORE Singaporeans have bought private properties here in the past two months despite banks' stiffer housing loan rules and Government efforts to assure
      Timesgraphict; Source: CPF  -  763 words
    • 1110 18 >s ai <> ®i>i*5?5«->fNiSii-»:£ o r+ o o nkD! «Il'nf omo t<MKn(MlMntoo5nu« 2mo nDJ t<nN«5!3fl»NONN a A “ts 6.5 19 3.5 10 i 15.5 10 11.6 307 2.1 0.5 6.0 366 1.4 1.6 54 109 2.6 17 4 17.2 3.24 3.5 296 21.5 7.1 2.1 3.9 10.1 1.7
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    • 447 18 Paymant <%) Cx data Books clasa Pay data aspan ra r 100TE Mar 19 Mar 25 Apr 3 Asia Pacific F ION Mar 5 Mar 11 Mar 20 Avimo 20C F 13.75TE Fab 12 Fab 16 Mar 13 Bariaya Group 1 5 Mar 4 Mar 18 Apr 8
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    • 117 18 BT Compotiu lnd*« High D*t* Low Date 1996 2313.96 6/2/96 2113.16 2/1/96 1995 2189.10 5/6/95 *****3 24/1/95 1994 2398.87 5/1/94 1825.35 4/4/94 Aii-tim» 2398.87 5/1/94 6483 29/6/65 BT-MGA lnd*i High D*t* Low Dot* 1996 H88.35 5/2/96 1063.76 2/1/96 1995 1075.08 22/12/95 890.26 23/1/95 1994 1206.03 4/1/94
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    • 72 18 Company Rights issua MMC Three-for-five M$2 00 Company Bonus Istut MMC T wo-for-f ivo RDC One-for-four Company Othars Lum Chang Issue of S$80m principal amount of unsecured fixed rate bonds due 2000. MUI Conditional mandatory gen offer by Pan Malaysian Ind Bhd to acquire the entire Issued paid-up
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    • 233 18 COMPANIES should be encouraged to extend their working hours into the night to reduce “wastage” of Singapore’s office space, Real Estate Developers’ Association of Singapore (Redas) president Heng Chiang Meng suggested on Friday last week. To encourage companies and their staff to
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    • 155 19 NATIONAL carrier Neptune Orient Lines (NOL) has released details of its new Far East-Europe services, to be operated in conjunction with three other members of a newly-formed shipping consortium. NOL, Japan's Nippon Yushen Kaisha, Germany’s Hapag-Lloyd and P&O Containers of Britain dubbed
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    • 428 19 Friday Mar 8 HKS ASM Pacific 7.55 3.050 Allied Ind Int'l 0.47 -0.02 Allied Oversea 0.60 -0.01 Asia Sec Int 3.12 unch Bank of EA 27.35 0.15 C P. Pokphand 3.67 -0.15 CDL Hotel 4.38 0.05 Cafe De Coral 2.23 -0.02 Cafh Pac Air 14.35 unch Century City 1.86
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    • 501 19 Managers’ prices, Mar 11 Singapore Unit Trust The Commerce 175-1.85 The Savings Fund 1.64-1.73xd S pore Prog Fund 067-0.71 S pore Sec Fund 1.03-1.09 S pore Invest Fund 1.18-1.25 S pore Equity Fund 0 80-0 85 Credit Lyonnais Int'l Asset Mgt CL Asia-Pac Gr Fund 2 735—2.875** Cl
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    • 446 19 SINGAPORE’S foreign trade grew 25.8 per cent to $30.9 billion in January this year compared to January 1995, as against 10.6 per cent growth registered in December last year and 16.7 per cent in November. Releasing the latest trade numbers on Thursday
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    • 580 19  -  By Tan Li Eng IN A MOVE likely to upset many credit card members, most issuing banks said they planned to quote the same 24 per cent interest under their proposed financing schemes for cardholders who are unable to reduce their card exposure per
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    • 144 19 COUNTER RATES Singapore dollar* to one unit of foreign currency Buyini 00 Seini US dollar 1.3979 1.4139 Sterling pound 2.1194 2.1717 Australian dollar 1.0570 1.0903 Canadian dollar 1.0108 1.0343 NZ dollar 0.9305 0.9624 EC unit 1.7811 Singapore dollar* to 100 of foreign currency unit* Austrian schilling 13.1952 13.7946 Belgian
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    • 131 19 Contract data: Mar 8, 1996 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USJ 4 S 4 »4 4* 4 Vi 4’/4 4>i 12/3/96 A$ 6 V 4 6 s 6'k 6vi 6'4 5 4 12/3/96 m 88’» 8 7*4 7
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    • 771 20  -  The Straits Times Budget Roundtable Reports by Narendra Aggarwal THE new Budget presented to Parliament last week by Finance Minister Richard Hu was generally perceived as a good balancing act aimed at meeting
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    • 363 20 TRAINING of workers, especially the older ones and those employed in small and medium-sized enterprises, is an area that should have received attention via the Budget, according to panellists at a Straits Times roundtable discussion on the Budget last week. They noted there
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    • 662 20  -  Uncertainty over Wall Street puts damper on sentiment Stock market reaction to Budget By Koh Keat Kian THE stock market’s reaction to the Budget was muted on Thursday last week, dampened by volatility on Wall Street. Analysts said last Wednesday’s Budget had offered some pleasant
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    • 892 21 r Hi A V' C/'A NATIONAL UNIVERSITY OF SINGAPORE SCHOOL OF BUILDING AND ESTATE MANAGEMENT Applications are invited for teaching appointments in the School of Building and Estate Management. Candidates should have at least a Master’s degree, five years’ relevant working experience and some teaching experience in preferably two of
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    • 870 22 A rewarding career: You have our word on it. Singapore Press Holdings isn't just the region's leading publisher of newspapers, magazines and periodicals. We re not just one of the top ten publicly-listed companies in Singapore but also a strong player in the multimedia and telecommunications arena. We re also
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  • FORUM
    • On whether employees taking sick leave get their shift allowances
      • 496 23 I REFER to Mr William Alan Morton’s letter “Shift workers who get sick are not malingerers” (see box). Contrary to the writer’s contention that an employee who falls sick will face the threat of receiving less pay with the implementation of the Guidelines, employees
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      • 316 23 MR WILLIAM Alan Morton has made an unfair attack on the NTUC over the issue of whether workers should be paid the shift allowance when they are on outpatient sick leave. He has given the misleading impression that shift
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    • 284 23 I REFER to the article “Shift allowance guidelines crack down on malingerers” (ST, Feb 29). “Malingerer” is defined in the dictionary as one who feigns illness or other incapacity to avoid work. While it is laudable that the NTUC is keen on
      284 words
    • 458 23 I REFER to Mr Surinder Singh’s article "Howard may win but will it help Asian ties?” (ST, March 2). I write as an Australian businessman and frequent visitor to the region and Singapore. In the article, your correspondent questioned the commitment of the
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  • 640 24  -  By Leong Chan Teik THERE will be 16 stations along the $5-billion North-East MRT line, which will stretch from World Trade Centre in the south to Punggol in the north. Building of the line will start in the middle of next year and
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  • 282 24 STATIONS have been earmarked for Sennett, Woodleigh and Punggol along the North-East MRT line, but they will not be built yet until the population in the surrounding areas increase with future development. “Boxes” or concrete shells of future stations will, however,
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  • 720 24  -  By Geoffrey Pereira THE Internet here will be brought under the Singapore Broadcasting Authority in new moves aimed at safeguarding public morals, political stability and religious harmony. The three Internet access providers here Singnet, Pacific Internet and, soon. Cyberway will have to be
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