The Straits Times : Weekly Overseas Edition, 17 August 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times WEEKKLY EDITION SATURDAY, AUGUST 17, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MIT A (P) 156/08/96
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  • 769 1  -  7% growth registered; manufacturing hardest hit By Chan Hwa Loon THE slowdown in Singapore’s economic growth to 7 per cent in the second quarter was broad based, cutting across all sectors, but with the manufacturing sector being the hardest hit. The lower second quarter figure
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  • 536 1 Singapore remembers Spectators moved by retelling of Republic’s history IT WAS Singapore’s big 31st birthday party, and housewife Hamjan Bibi, 54, had tears streaming down her face. When the National Dav Parade turned back the clock and retold Singapore's history, she wept. “The war scene really touched me and brought
    Picture by TAY KAY CHIN.  -  536 words
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  • NEWS FOCUS
    • 158 2 It is an annual ritual the cutting of the cake at the traditional Na- tional Day reception, hosted by President Ong Teng Cheong and the First Lady, to mark Singapore's birthday, 31st this year. But the beaming faces of Mr Ong. Prime Minister Goh Chok Torig and
      Picture by GfcORGE GASCON.  -  158 words
    • 570 2  -  It publishes annual report, sets up Net home page By Lim Li Hsien THE Legal Branch of the Legal Service has emerged from 100 years of what Attorney-General Chan Sek Keong described as “cloistered existence to make itself transparent to the public. Not only did
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    • 498 2  -  By Lim Li Hsien SENIOR District Judge Richard Magnus on Wednesday warned that the courts will be tough on people caught taking Ecstasy and wul jail even first offenders. The courts are concerned about the trend in the consumption of Ecstasy “The courts in
      SOURCE A-G 5 CHAMBERS; JALFHA HASHIV  -  498 words
    • 500 3  -  Ground-breaking for ssl3m world-class arts centre By Susan Tsang A DREAM that began some 20 years ago took its first step to becoming a reality when Deputy Prime Minister Tony Tan broke the ground for a world-class arts centre at Marina Bay on Sunday.
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    • 535 3  -  By Adeline Goh NET users here will have only filtered access to the Internet from Sept 15. That is the deadline for them to link their computers to special computers, called proxy servers, at tneir Internet Service Provider’s end. These servers will
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    • 364 3  -  By Ginnie Teo A MAN and his sister were fined $1,000 each for giving false information about the birth of his illegitimate son. Chua Peng Huat, 45, was planning to marry his Malaysian lover after his divorce, but she had
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    • 864 3  -  SDP chief rapped for ‘systematic pattern of fabricating data’ By Warren Fernandez HEALTH Minister George Yeo on Monday took Singapore Democratic Party chief Chee Soon Juan to task for showing a “systematic pattern of fabricating data” to mislead the public and Select
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  • HOME
    • 721 4 BG Lee: Amount tripled from $87,000 in 1985 to $262,000 last year THE average net worth of a Housing Board household has tripled from $87,000 in 1985 to $262,000 last year. The increased wealth in 1995 for the average HDB household was made up
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    • 662 4 Two views on ‘You go your way, I go mine’ A PICTURE caption in The Straits Times’ National Day supplement that Deputy Prime Minister Lee Hsien Loong singled out for criticism on Monday (see above) was meant to convey thoughts different from those he ascribed to
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    • 480 4  -  By Indrani Nadarajah YOU cannot change your mother and father, but with gene therapy, you will be able to change the* cancer genes that you may have inherited from them. For the past two years, the Institute of Molecular and
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    • 434 5 Reader Chee Fook Keon, whose letter was published in The Straits Times on July 26, asked why some people who lived overseas for a few years came back “sounding totally non-Singaporean”. Janice Tay interviewed academics and 10 people who had studied abroad
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    • 341 5 NO ACCENT PROFESSOR Tommy Koh lived for nearly 20 years in the United States. But the way he speaks shows little sign of it. He was Singapore’s permanent representative to the United Nations in New York
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    • 376 5 ACCENT? FER SURE DEEJAY Joe Augustin puts on different accents when he speaks and does not mind who notices. "When I refer to American pr British personalities or to certain incidents, I do them best with an accent like referring to French nuclear testing,
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    • 335 6 National Day Awards A DISTRAUGHT mother once knocked on Mr George Tan Kok Thve’s flat at Ang Mo Kio Avenue 5 in the*wee hours of the morning. Her son had been detained by the police for carrying a dangerous weapon and she was not
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    • 3993 6 The Meritorious Service Medal (Pingat Jasa Gemilang) Mr Liu Kang. Artist The Public Service Star (Bari (Bintang Bakti Masyarakat (Lin tang) Mr Albert Hong Hin Kay. deputy chairman. Construction'lndustrv Development Board; Dr Baev Lian Peck, former presi dent, Singapore Anti-Narcotics Association; Mr Po Guan Hock, former
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    • 482 8  - Open first void-deck computer playground Plans for two or three more centres by year-end By Pang GekChoo CHILDREN can make believe they are little Indiana Joneses exploring mvthical cities, or sail the nigh seas'Marco Polo-stvle at this Housing Board void deck, with the aid of modem computers. They can also
      Picture by ALI YUSOFF.  -  482 words
    • 286 8 A DISTRICT judge on Tuesday gave an unmarried teenage girl who stole from her company a chance after she said she was six weeks pregnant. District Judge Ibrahim Burhan told Suria Kasim. 18, to repay the $950.25 she took from her former company,
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    • 278 5 flli'Sl K*n "to, “mo* IneHtnut Hum V\" j#y v* PUnn**» XlieStmitsTiiitt'H ‘“ST rfjsrjgg Ml lionu-s u> Doctors prescribe a weekly dosage of The Straits Times Weekly Edition to keep home sickness at bay. Are you following doctors' orders? Subscribe to The Straits Times Weekly Edition between 1 July and 31
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  • Page 8 Miscellaneous
    • 1300 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 Bulletin 1138 What’s On 1140 Take Five 1145 Newsline 1200 News in Brief 1203 E Z Beat 1220 Business
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  • SPORTS
    • 1076 9  -  SNOC president asks public, media to be more tolerant Singapore’s Olympic Games outing: The post-mortem By Godfrey Robert Compiled by HAKIKAT RAI. SATISFIED. If that one word, uttered twice, took the media by surprise, it also seemed to absolve those among Singapore’s 14 competitors for the Atlanta
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    • 297 9 SINGAPORE’S TOP PERFORMERS: Trap shooter Lee Wung Yew: Finished 20th with score of 119, bettering national and Sea Games record by five birds. Marathon runner Yvonne Danson: Finished 38th out of 86 runners, clocking 2hr 39min 18sec. Table tennis player Jing Junhong: Finished 16th overall, just
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    • 161 9 WHAT SASA SAYS IT WAS the Olympic jitters for Singapore’s young swimmers ana that is why they did not perform to expectations, said Tan Eng Bock, a vice-presi-dent of the Singapore Amateur Swimming Association. Of the Republic’s five swimmers at Atlanta, only 16-vear-olds Thum Ping Tjin and Sng
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    • 172 9 WHAT THE SYA SAYS LASER sailor Ben Tan could have over-trained and peaked well before the Olympics. This is the opinion of Ong Siong Kai, president of the Singapore Yachting Association. He said on Thursdav that the SYA had expected tan to finish in the 20s at the
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    • 205 9 WHAT THE SINGAPORE GUN CLUB SAYS SINGAPORE Gun Club president Milton Tan lamented the absence of an official with trap shooter Lee Wung Yew at the Atlanta Olympics. “A moving helicopter fell in line with the clay at a crucial stage in the last flight,
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  • MALAYSIA
    • 530 10  -  Republic’s firms can benefit, says Mahathir By Douglas Wong in Kuala Lumpur SINGAPORE companies, with their expertise in multimedia and information technology, would be welcome to benefit from Malaysia's planneaMultimedia Super Corridor (MSC). Prime Minister Mahathir Mohammad on Wednesday told members of the
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    • 230 10 Like father, like son even to the date of birth The same doctor delivered them too PENANG Baby Thevesh shares more than looks with his father. He was delivered at the Gleneagles Medical Centre bv the same doctor who delivered his dad 29 years ago and on the same day—Aug
      The Sun picture.  -  230 words
    • 256 10 The new Tenaga chief KUALA LUMPUR The chief executive-designate of Malaysian electricity provider Tenaga Nasional has said his priority will be to “keep the lights on and keep the juice flowing”. In what can be termed as a homecoming for the former
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    • 355 10 High-tech focus part of state’s plan to cushion downturn PENANG Chief Minister Tan Sri Dr Koh Tsu Koon said at least six foreign-owned electronics firms in Penang had closed down this year in the wake of the global slump in electronics but
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  • SOUTH-EAST ASIA
    • 618 11  -  By Paul Jacob Indonesia Correspondent JAKARTA Singapore and Indonesia moved to provide what Brigadier-General (NS) George Yeo described on Thursday as a “firmer cultural basis” for bilateral ties with the signing of a Memorandum of Understanding (MOU) on
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    • 556 11  -  By Nirmal Ghosh Philippines Correspondent MANILA Three Filipino women on Wednesday received a letter each from Japanese Prime Minis ter Ryutaro Hashimoto expressing “sincere apologies and remorse” for their ordeal at the hands of the Japanese military during World War II.
      – Reuter picture.  -  556 words
    • 244 11 Los Angeles police in August 1994 found the badly decomposed bodies of Ms Gina Sutan Aswar, a former high-school mate of Oki’s; Mr Eri Triharto Dharmawan, Oki’s brother; and Mr Suresh Mirchandani, an Indian businessman. Their investigations linked Oki to the
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    • 439 11  -  By Sinfah Tunsarawuth in Bangkok THE Banharn Silpa-archa government on Tuesday postponed a critical decision on granting licences to set up three new commercial banks after allegations of irregularities involving the licences threatened to divide the ruling coalition. The Cabinet on Tuesday set up a committee
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  • COMMENT/Pick of the week’s editorials
    • 685 12 AUGUST 17. 1996 WHILE Thailand's government is expected to survive the departure of the Palang Dharma Party (PDP), the development indicates how vulnerable the yearold ruling coalition is to factional squabbling The PDP’s withdrawal brought to the fore serious divisions in the coalition over the
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    • 697 12 AUGUST 16. 1996 TO BEAT Mr Bill Clinton, the White House incumbent who is far ahead in the opinion polls, the Republicans need to line up their entire armoury, pitchforks and all. for the final assault in the November US presidential election. This is what
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    • 697 12 AUGUST 13 1996 GIVEN the volatile nature of Thai politics, the possibility cannot be ruled out that Prime Minister Banham Silpa-archa might yet succeed in weathering the storms that are brewing, both in his seven-party coalition and in Parliament. After all. no great issues are at
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    • 757 12  -  By Sia Cheong Yew ONCE again, our Olympic squad has returned home with nothing to show for its effort. To most Singaporeans, that was no sur prise. But it would be correct to say that, this time around, the disappointment was greater simply
      DARIO NOCME  -  757 words

  • COMMENT/ANALYSIS
    • 1181 13  -  By the way With TAN SAI SIONG WHEN Singapore was expelled from Malaysia. I was just a university student in London, hell-bent oh enjoying my summer holidays be fore' the hard work for the' final year began. As
      JIVBO AIBANO  -  1,181 words
    • 1001 13  -  My View NG WEI JOO DR CHEE SOON JUAN, the Singapore Democratic Party’s sec-retary-general, would be beaming right now. Thanks to a marathon session last month with the select committee on health care, which lasted over nine hours, and a 2
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2201 14 ‘Why study history? It’s over.’ Such dismissiveness might be said to characterise the attitude of many Singaporeans towards history. What are the reasons for this, and is it time for a change? Chua Lee Hoong reports. "Peoples settled here. Hrouqht
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    • 1338 15 Singapore’s health-care bill could more than double, hitting 7.3 per cent of Gross Domestic Product in the year 2030, according to an Institute of Policy Studies finding. Leong Ching Ching discusses this and other concerns of an ageing population with
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    • 1359 15  -  Thinking Aloud Warren Fernandez DID the Cost Review Committee shrink from a "serious debate” with the Singapore Democratic PartyPKMS research team on the cost of living here? Or did its members come re luctantly to the conclusion that no serious "debate could
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  • MONEY
    • 439 16 Singapore sharemarket review INDONESIAN-linked counters reigned supreme for the past week in an otherwise lethargic stock market, which saw the the benchmark Straits Times Industrials Index losing 28.61 points to 2,100.43. The market got off to a weak start when the Ministry of Trade and
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    • 2633 16 Company Oat* •no Net earn TV IV ()m> <$m) CPS TV LV lets) (Ctl) ABN Amro May 14 2.616 2.286 7.7 6.8 abp Hiags Jun 6 F 0.697 2.007 1.6 4.6 Ac»r May 24 F 31.029 26.643 22.8 27.2 Acme Jun 14 F 52.778 65.946 319 399 A1S8'
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    • 80 16 ST Industrials Index The Straits Times Industrials Index fell 28.61 points on the week to 2100.43. DAY CLOSE TURNOVER Monday 2115.65 (-13.39) 51.740m ($167.986m) Tuesday 2102.09 (-13.56) 56.280m ($188.571m) Wednesday 2097.50 (4.59) 104.03m ($260.077m) Thursday 2099.87 (+2.37) 79.320m ($219.603m) Friday 2100.43 (+0.56) 111.68m ($225.206m) BT— MGA Index
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    • 569 16 Paymant (H> Cl data Books CIOS# Ray data Ai*« Hidqi 0 6 Oct 2 Oct 8 Oct 18 A»l* P*C Id 0 2 Sap 16 Sap 20 Oct 18 Avimo Grp 20C 1 6.3TE Auq <6 Auq 22 Sap 16 B SamDawanq r 35* Auq 27 Sap 2
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    • 81 16 OTHERS Company Rot la Cc data Baals data ACC i Paymt Acmo Ranouncaobla Prat Bout of 1 wrt tor ovary 4 ot $0.34 tor each wrt. Jul 23 Jul 29 Aug 20 Pan unittd Ranouncaobla Prof Oftor of t wrt tor ovary S existing shares neld at $0.20
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    • 45 16 Amcol One-tor-two 9 $2.05 Orchard P One-for-one 9 $1.80 PSC One-for-two 9 $0.70 MAA Oriental M PSC Thakral One-for-five Two-for-five One-for-five One-for-ten Comoanv Other* Kappa) Finance Ranouncaabla Pra) Offer of wrts on batit of 1 wrt 2001 for every 4 shares at $0.41.
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    • 518 17  -  By Tan Li Eng THE upward trek in the local three-month interbank interest rate has slowed the rate closed at 3.25 per cent on Tuesday after hitting a peak of 3.625 per cent last month. Bankers said the decline in the past one week was
      SOURCE BLOOMBERG; ADAM Iff  -  518 words
    • 145 17 COUNTER RATES Singapore dollar* to on# unit ot foreign currency Buying 00 Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit 1.4016 2.1564 1.0842 1.0125 C.9528 1.4177 2.2097 1.1182 1.0357 0.9854 1.8051 Singapore dollars to 100 units of foreign currency Austrian schilling 13.1550 Belgian franc
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    • 475 17  -  By Douglas Wong SINGAPORE’S bilateral business council with the United States will be the first to meet in a third country when it reconvenes in 1998. chairman Tony Tan said last Friday. The meeting in the Singapore developeaSuzhou Indus trial Park
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    • 310 17 GOODS and Services Tax (GST) collected by the Govern ment in the first half of this year fell nearly $l5O million over the same period last year. Net GST collected from January to June amounted to $684 million, new figures from the Inland
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    • 109 17 Contract date: August 16 1996 UNIT ONE MTH 3 MTH 6 MTX 9 MTH 12 MTH CALL VALUE DATE us$ 4 4'* 5 5 5 4'. 20/8/96 AS 6‘6'. 6 6 5'. 20/8/% NZS 9 9 8'. 8 8 8 20/8/% STG 5 5 5 S 4
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    • 515 17 August 16 1996 HKS ASM Pacific 5 05 •0 200 Allied Ind Ini 1 0 41 unch Allied Oversea 064 -001 Asia Sec Int f 38 -0 02 Bank of EA 27 85 unch C P Pokphand 2 50 0 08 COL Hofei 4 08 0 02 Cafe De
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    • 615 17 Singapore Unit Trust The Commerce 1 59-1 693 The Savings Fund 1 57-1 673 S pore Prog Fund 0.68-0 723 S pore Sec Fund 0 96—1.02»d8 S'po'e Invest Fund 1 04-1 113 S no’e Equity Fund 0.78-0 83® Credit Lyonnais Int i Asset Mgt Cl Asia-Pac G' Fund
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    • 7876 18 INDUSTRIAL AND COMMERCIAL Transaction Date: August *****6 1995 96 Curr Latt Vol Day Gr* Net M Cap W1 Avg High Low Company Traded Sale 4- Of000 High Low Div PE Smil Price ASE NTS 10 200 US 214 165 Acer 50c US 181 unch 148 181 181
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    • 632 20  -  By Kalpana Rashiwala HOTELIER Teo Lay Swee hopes to sell his prime 150,000 sq ft Penang Road property and use the $5OO million in expected proceeds to set up a hotel chain spanning Australia, Malaysia and Singapore. He also hopes to undertake other property
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    • 658 20  -  By Sim Wai Chew THE Port of Singapore Author ity. seeking to protect its posi tibn as the region's main trails shipment hub, launched on Monday a new long-term service contract with shipping companies which allow tne latter to enjoy benefits associated
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    • 622 20  -  By tion centre. By Kalpana Rashiwala. SUNTEC Investment and Shaw Brothers of Hongkong are pumping in about $50 million into a food, leisure and entertainment spot at Suntec City. The 250,000 sa ft facility will comprise tnree sections connected by four
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  • Page 21 Advertisements
    • 813 21 mm BARCLAYS top calibre individuals to join our development team. Financial System Analyst Your responsibilities will include the development of new financial systems, support for existing systems, porting existing systems to new technologies and liaising with global head office on implementation of strategic systems. The successful candidate will possess the
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  • Page 22 Advertisements
    • 914 22 ik > HI I HBHBHjHBfck THE CENTRAL DEPOSITORY (PTE) LTD The Central Depository (Pte) Ltd (CDP) is a wholly-owned subsidiary of Stock Exchange of Singapore Ltd. Having experienced rapid expansion in recent years, we are now seeking a highly motivated individual to join us as MANAGER, INTERNAL AUDIT ■M 8
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  • FORUM
    • 565 23 Sports success is also about fitness not just about medals I REFER to Mr Elijah Thomas Chacko's letter “Sports must be a priority on national agenda” (ST Weekly. Aug 10). Mr Chacko based His views on the performance of the Singapore contingent at the Centennial Olympics held in Atlanta. We
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    • 342 23 AS AN American expatriate who has lived here for 10 years and married a Chinese Singaporean, I am truly impressed by the enthusiasm and effort that the citizens of Singapore put into their National Day celebrations and how it draws them together. It
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    • 522 23 PRIME Minister Goh Chok Tong’s 1996 National Day Address was short but moving. Economics is undoubtedly imEortant. but the economic ealth of any society cannot, in the long term, be* divorced from its ethical and social moorings. There are a number of
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    • 372 23 Not another Clarke Quay, please I REFER to the report "Welcome. tourists but don’t ruin the laid-back air" (The Sunday Times. Aug 4). It is good news that the quiet neighbourhoods mentioned are getting some appreciation for their unique charm. As a resident near Katong.
      File picture.  -  372 words

  • 652 24  -  Current tense relations with Taiwan will get better after handover By Chua Lee Hoong CHINA will leave the Taiwan issue on the back burner until after Beijing has resolved the one country, two system problem in Hongkong, Senior Minister Lee Kuan Yew said
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  • 134 24 By day, it merely looks impressive, a fitting companion to the Istana across the road. But at night, the Istana Park’s new 16-m-high festive arch truly comes into its own as a gateway to the Civic District, rising majestically from a reflecting pool. The pool is about
    Picture by WONG KWAI CHOW.  -  134 words
  • 238 24 PRESIDENT Suharto’s succession will be orderly because the Indonesian leader would ensure it, and the people knew that having one would be food for the country, Senior Minister Lee Kuan ew said last night. He said that there was a “general expectation in the region” that the succession
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  • 443 24 Young people’s concerns over property addressed JUST when you thought prime land for housing in Singapore was all but gone, more may be turning up in the northern part of the island. This could happen after the Causeway is replaced by a
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