The Straits Times : Weekly Overseas Edition, 24 August 1996

Microfilm: NL20732
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
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  • Title Section
    Masthead
    19 1 The Straits Times WEEKLY EDITION SATURDAY, AUGUST 24, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA(P) 156/08/96
    19 words
  • Article, Illustration
    Lock icon PM Goh urges young to rally behind him
    1149 1  -  National Day rally speech By Warren Fernandez IT IS now your turn. Prime Minister Goh Chok Tong told youn ger Singaporeans on Sunday, urging tnem to take up the chal lenge of building on wnat Singapore’s founding fathers had achieved. Delivering his
    picture by albert sim  -  1,149 words
  • Article
    If Singapore should fail
    320 1 challenges ahead, Mr Goh also took up some of the concerns of the day. On the cost of living, he cited examples to show that household spending had risen not just because of price increases. but as Singaporeans were buying more ana better quality goods, such
    320 words
  • Page 1 Advertisements
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  • NEWS FOCUS
    • Article
      Raffles Girls’ still tops in schools ranking
      705 2  -  Fine-tuning sees some schools tying for places By M. Nirmala RAFFLES Girls' Secondaiy is still Number 1 in the annual ranking of secondary schools started in 1992. but this year's exercise has resulted in several schools tying for a placing. The Education Ministry
      705 words
    • Article
      Mum turns in addict son, so CJ gives him probation
      487 2  -  By Elena Chong and Chang Ai-Lien A MOTHER who tried to give her 19-year-old son everything. including his own handphone, pager and a private phone line, found out that ne was taking drugs at home. Madam Peh Ah Koon turned
      487 words
    • Article, Illustration
      Lock icon Woman fined for slapping husband wins appeal
      487 2  -  Housewife in $2O-million divorce case By Elena Chong THE estranged wife of former remisier Peter Lim Eng Hock won her appeal on Thursday against being fined $3OO for slapping him when she returned to the matrimonial home for some things. Housewife Teo Geok
      – Picture Dy SHAFIE GOH.  -  487 words
    • Article, Illustration
      Lock icon $33,000 in subsidies for each Singaporean
      690 3  -  That is the amount for 10 years’ education: Yock Suan By Braema Mathi EVERY Singaporean who completes 10 years of educa tion would have received $33,000 in education subsidies. If he chooses to go on to the polytechnic, a total of $64,000 would have
      fOO HWEi WEN and JIMBO AlBANO  -  690 words
    • Article
      More HDB moves to help low-income
      518 3  -  Income ceiling for three-room buy-back scheme raised by $3OO to $1,500 Discount increased from $40,000 to $45,000 next month, and to $50,000 in November By Tan Hsueh Yun THE Housing Board will ensure that three-room and four-room flats are priced so that even low
      518 words
    • Article
      Doctor fails in property claim after DNA test $3m house left by 'mother' who died
      450 3  -  By Elena Chong A SINGAPORE BORN Aus tralian doctor, who lodged a caveat on an estate, claimed that he was the son of the woman who left behind a bungalow worth about $3 million in
      450 words
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  • NATIONAL DAY RALLY
    • Article
      Send me a clear signal: PM Goh
      594 4 PM lays out 6-year record for Singaporeans to scrutinise and judge MR GOH CHOK TONG on Sunday laid out his six-year record as Prime Minister and asked Singaporeans to scrutinise and judge it, and then give him a “clear signal" in the coming
      594 words
    • Article
      Rare view of PM Goh’s life
      147 4 WHAT IS life like as Prime Minister for Mr Goh Chok Tong? He offered Singaporeans a rare up-close and personal view on Sunday: On rice “Housewives do not now buy just fragrant rice. They go for premium grade fragrant rice, sold in plastic bags
      147 words
    • Article
      Assurance
      61 4 On health care “Mv father and two uncles died of illnesses at a veiy young age. 'lhey all left behind very young families. I know what it means for a family to lose a breadwinner, or have them suffer from illness Let me repeat my guarantee. No Singaporean will
      61 words
    • Article
      Amazing
      81 4 On snobbishness “Many Singaporeans aspire to drive bigger cars, live in private properties, send their children to top schools. This desire to succeed and upgrade is natural and to be encouraged But for some, it goes beyond that They have become snobbish and status conscious. They want to move
      81 words
    • Article, Illustration
      Lock icon Punggol 21
      192 4 ‘Go and see it for yourself to know what gracious living will be like in the 21st century. pm goh What Punggol 21 will have Mix of housing types: private housing, executive condominiums and high-quality HDB flats. One-third of the HDB flats will be design-plus, one-third design-and-build, and
      ADAM LEE and G CHANDftADAS  -  192 words
    • Article
      $133b That’s the appreciation in HDB flats
      334 4 IN THE last 10 years. HDB flats appreciated by $133 billion. This means that on average, each household has become richer by more than $200,000 “That is how much wealth Singaporeans have gained as a result of government policies and Singapore’s success. If
      334 words
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  • HOME
    • Article
      Re-merger idea to remind S’poreans of vulnerability
      642 5 IF SINGAPORE falters in the struggle for survival, it will have no choice but to ask to be re-merged with Malaysia, on Malaysian terms. This was why Senior Minister Lee Kuan Yew recently spoke of such a possible remerger, Mr Gon Chok Tong
      642 words
    • Article
      Mayors ‘can do more for residents than MPs’
      684 5  -  By Koh Buck Song MAYORS and Community Development Councils (CDCs) can achieve more than Members of Parliament for the people under their care. Given greater power in a more formal set-up, they can be more proactive ana gain from economies of scale
      684 words
    • Article, Illustration
      1957 experiment by the Govt was never repeated
      359 5  -  SINGAPORE’S FIRST MAYOR By Pang GekChoo NOT SO long ago, although only briefly, Singapore had a mayor too. Mr Ong Eng Guan was treasurer in the central executive committee of the People’s Action Party when he was nominated by the party to
      359 words
    • OTHER HIGHLIGHTS
      • Article, Illustration
        Lock icon Britain, here we come
        69 5 BRITISH tourism officials love Singaporeans. Why? Last year, 110,000 Singaporeans headed for Britain, staying an average of 13 days and spending an average of $1,900 each. This, Mr Goh Cnok Tong revealed, was twice as much as other tourists. “The British Tourist Authority welcomes Singaporeans because
        LEE CHEE CHEW  -  69 words
      • Article
        Scholars and their mums and dads
        75 5 MERITOCRACY has allowed talented people to rise in Singapore, regardless of their backgrounds. On average, about 40 per cent of overseas government scholars came from poor families. The batch of Overseas Merit Scholars this year included those whose fathers worked as a tinsmith, meat-seller
        75 words
      • Article
        Is this a nation of upgraders, or what?
        92 5 UPGRADING is a word on many lips, and statistics prove that this is not iust talk. In 1985, owned three-room HDB flats outnumbered owned four-room flats 200,000 to 135,000. By 1995, the situation was reversed: 230.000 owned three-room flats against 235,000 who
        92 words
      • Article
        And here are more figures
        99 5 DON’T fret, there is enough land for private housing. Next year, the Government will release land for 4,000 more executive condominium units. With government land sales, 10,000 private flats a year were now being built. About 40 per cent are bought by first-time owner-occupiers of
        99 words
      • Article
        Don’t touch that dial
        48 5 FOR two minutes during the rally, TV viewers found either a blank screen or could see Mr Goh but could not hear him speak. The Television Corporation of Singapore yesterday said the live telecast had been “interrupted by a power failure at Kallang Theatre”.
        48 words
    • Article
      Life-cycle changes also a cause of expenditure rise
      609 6  -  By Walter Fernandez APART from price increases and people buving more and better quality goods, the increase in expenditure by Singaporeans was also the result of changes in the life-cycle of Singaporean families, said Cost Review Committee chairman Lim Boon Heng last
      609 words
    • Article, Illustration
      Lock icon Young families enjoy as high a living standard as older ones
      946 6  -  Cost Review Committee hearing Reports by Walter Fernandez, Pang Gek Choo and Ng Wei Joo And they have money left over each month YOUNG Singaporean families in their 30s have as many cars, washing machines, microwave ovens and country
      ,'ALEHA MAS  -  946 words
    • Article
      Case ‘needs more money to be better watchdog’
      433 6 GIVE us more monev and we will do so much more, this was the message Consumers Association of Singapore (Case) president Toh See Kiat had for the Cost Review Committee last Friday. He spoke of how Case would be able to track
      433 words
    • Article, Illustration
      Going for quality
      352 7 Cost Review Committee hearing Out: Plain white rice, condensed milk, ordinary ice-cream, cordials and soap. In: Fragrant white rice, fresh milk, Haagen Dazs ice-cream, mineral water and shower cream. More and more Singaporeans are opting for high-end goods such as the above, retailers told the Cost Review
      352 words
    • Article
      Govt rebuts AWSJ report that hearing is a farce
      619 7 THE Government has taken issue with a recent Asian Wall Street Journal article which described the Cost Review Committee’s public hearing with the Singapore Democratic PartyPKMS research unit earlier this month as a “farce". In a letter in last FYiday’s edition,
      619 words
    • Article, Illustration
      Lock icon Granny picks up computer skills at 80
      541 7  -  By Tracy Lee GREAT-GRANDMOTHER Mrs Mangalesvary Ambiavagar learned how to* use the computer at the age of 80, then went on to write her autobiography. Now 82 years old, the ex-teach-er and school principal, said it started when sne inherited her daughter’s 10-year-old
      Picture by WONG KWAI CHOW  -  541 words
    • Article
      Ngee Ann Poly grads moving up career ladder fast
      409 8 A NGEE Ann Polytechnic diploma can be a passport to a good life, according to the findings of separate surveys carried outlast year and in 1991 Within 10 to 14 years of getting their diplomas, more than one in four are
      409 words
    • Article, Illustration
      Lock icon S’poreans conquer the Swiss Alps
      240 8 IT WAS all smiles at this summit meeting in the Swiss Alps. 3.751 m above sea level. Mountaineers Khoo Swee Chiow, David Lim and Yeow Chern Han, and the photographer, team member Lim Kim Boon, celebrated their success on the Swiss peak. Piz Morteratsch. Last
      Lim Kim Boon, took the picture.  -  240 words
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1300 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M BAND) MONDAY 1100 News in 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
      1,300 words
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  • SPORTS
    • Article
      Why club without stars leading S-League
      761 9  -  SOCCER By Santokh Singh IF THE Singapore .Armed Forces Football Club wins the Pioneer Series, as the smart money thinks it will, its success will be' due to a band of players, unknown and unheralded but full of grit and deter mination. Why is
      761 words
    • Article
      Singapore’s trio to take on the best in World Cup
      304 9  -  SNOOKER By Peter Khoo SINGAPORE’S snooker stalwarts will be up against the very best when they take to the baize table for the inaugural $1 million World Cup in Bangkok from Oct 29 to Nov 10. This is because at
      304 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      274 9 Doctors prescribe a weekly dosage of The Straits Times Weekly Edition to keep home sickness at bay. Are you following doctors' orders? The Straits Times Weekly Edition brings you the latest news in business, financial markets, politics and career opportunities in Singapore right to your doorstep. It is the perfect
      274 words
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  • MALAYSIA
    • Article
      Exodus from PAS 'will solve crisis’
      484 10 Problem in Kelantan not caused by Umno: Mahathir KUALA BERANG (Terengganu) Prime Minister Datuk Seri Dr Mahathir Mohamad said on Monday he was confident that the political crisis in Kelantan could be resolved through mass defections of PAS supporters and leaders, especially its elected
      484 words
    • Article
      Mahathir: Re-merger possible if S’pore heeds situation in federation
      300 10 KUALA BERANG (Terengganu» Prime Minister Datuk Seri Dr Mahathir Mohamad said on Monday that the possibility of Singapore rejoining Malaysia could not be rejected but the Republic must first be prepared to take into account the situation in the federa tion.
      300 words
    • Article
      Levy for day-trippers does not apply to S’poreans; Minister
      353 10 PONTIAN The proposed levy for dav-trippers would only be imposed on foreigners who were not residents of neighbouring countries, said Culture. Arts ana Tourism Minister Datuk Sabbaruddin Chik. The Star on Sunday quoted him as saying that many people were confused
      353 words
    • Article, Illustration
      Lock icon Flag takes shape brick by brick
      69 10 A MAN building a 6 in by 4 m structure of the Malaysian flag with 365.000 plastic Lego pieces at a shopping mall in Kuala Lumpur on Wednesday. The project is expected to be completed by Aug 31, Malaysia’s National Day. and will be
      AFP picture.  -  69 words
    • Article
      Lock icon Medical perks for blood donors
      165 10 in the blood banks, he said. Ber nama. KOTA TINGGI The Health Ministry is giving a host of incentives, including free treatment for 10 years at government hospitals, to encourage more people to donate blood. “Anyone who donates blood more than 50 times is entitled
      in the blood banks, he said. Ber nama.  -  165 words
    • Article
      S’pore to set up business council with Malaysia
      486 10  -  By Sim Wai Chew in Johor Baru SINGAPORE'S latest business council will be with its oldest business partner. Malaysia. The council will be made up of privatesector representatives from both sides. Minister for Trade and Industry Yeo Cheow Tong said on Tuesday.
      486 words
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  • SOUTH-EAST ASIA
    • Article
      Joint vow to back Suharto’s govt
      533 11  -  Three political parties sign statement to ensure success of next year’s polls By Paul Jacob Indonesia Correspondent JAKARTA leaders of Indonesia's three approved political parties have vowed to uphold national unity, back President Suharto’s government and refrain from attacking each other in the run-up
      533 words
    • Article
      Garuda plans to use Batam as transit stop
      614 11  -  By Paul Jacob. JAKARTA National carrier Garuda plans to use Batam instead of Singapore's Changi Airport as a transit point for some flights. This is to take advantage of what officials said was quicker handling, refuelling ana lower costs at its Hang
      614 words
    • Article, Illustration
      Lock icon Breathtaking ornaments, smile at Brunei wedding
      507 11  -  By Zuraidah Ibrahim in Bandar Seri Begawan THE bride wore a glittering green songket suit, a tiara tiled with emeralds, a corsage of diamond-and-gola flowers, and a smile just as breathtaking as her ornaments. Her father’s subjects waved and cheered as Princess Rashidah, the
      Pieture by JEROME MING.  -  507 words
    • Article
      Accord paves way for S’pore school in Jakarta
      429 11  -  Bv Paul Jacob. JAKARTA An agreement paving the way for the establishment of a privately-run Singapore International School was signed here on Sunday between the Singapore Association in Indo nesia and PT Dharmala Intiland, one of the country’s largest property development firms.
      429 words
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  • COMMENT/ANALYSIS
    • Article
      Too much of a good thing?
      670 12 AJGUS’23 *996 THE Monetary Authority of Singapore drew a crucial contrast with the factors behind the 1985 recession when it sought to calm jitters that the world wide fall in electronics sales this year might bring a repeat of the "job losses, business closures
      670 words
    • Article
      Catch’em young for the IT age
      682 12 AUG’JS" r 2l '996 FIVE years ago. when informa tion technology (IT< was still only the shape of things to come. Singapore launched IT2OOO. a vision of the future when information would flow electronically between government, homes’and businesses, the three pillars of society It
      682 words
    • Article
      Young hawks should reflect
      690 12 AUGUS T 2O 1 996 SINGAPOREANS who have grown to expect kernel in the Prime Minister's annual National Day rally speech had a decent diet of it oh Sunday night. There was a disbursement from Singapore Inc in the form of steeply discounted Telecom stock Yes.
      690 words
    • Article, Illustration
      Lock icon Yuppies dream, older workers hope for the best
      828 12  -  By Sonny Yap NOW that the long-running debate on the aspirations of the voung and able seems to be petering out. perhaps it is time to "turn the spotlight on the anxieties of the not-so voung and less-than-able Among these low-skilled and
      NOCL ROSALES  -  828 words
    • Article, Illustration
      Lock icon Let us extol the value of friendship and community ties
      1119 13  -  By the way With TAN SAI SIONG WHAT are the ingredi ents that go into making the social glue, much talked about lately as being essential for Singa poreans to feel more attached to the country and to one another?
      LUDWIG 1110  -  1,119 words
    • Article, Illustration
      History is not bunk and here’s why
      1059 13  -  My View CHUA LEE HOONG I DON’T know about you, but over the past two weeks I have become a convert to the study of history. 1 no longer think, like American industrialist Henry Ford 80 years ago. that his tory is "more
      1,059 words
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • Article, Illustration
      Lock icon What are you good for?
      1899 14 Either you have it or you don't that was what struck Mr Lee Kuan Yew as the simplest of all the lessons in life’ while reading a booklet on sheepdog training. So if there is such a thing as inborn talent, what is the role
      ■ Pictures by Chew Seng Kim and Lim Sin Thai.  -  1,899 words
    • Article, Illustration
      Lock icon When 27,235 HDB flats enjoyed $1 billion subsidy
      1074 15 In view of the controversy over the $40,000 grant to executive condominium buyers, National Development Minister Lim Hng Kiang has called for a “legitimate debate” to decide on the direction for housing subsidies. Ng Wei Joo gives the facts and figures. Brief
      SOURCE: NATIONAL DEVELOPMENT MINISTRY  -  1,074 words
    • Article, Illustration
      Send the Govt the right signals
      1006 15  -  Thinking Aloud Leslie Fong ARE you one of those Singaporeans whose views on society and politics are often described, in none too flattering a tone, as liberal? Do you feel frustrated that the Government seems rather cool, if not downright dismissive, towards your complaints
      1,006 words
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  • MONEY
    • Article
      Investors return on takeover rumours
      399 16 Singapore sharemarket review A TOTAL of three takeovers Transmarco. Berger International and Sembawane Maritime this week fuelled the market's appetite for potential corporate developments in a host of second-liner stocks. Not a day went by this week, without takeover rumours for companies that presented ripe
      399 words
    • Article
      DAY-TO-DAY STOCK INDICES
      78 16 ST Industrials Index The Straits Times Industrials Index rose 81.09 points on the week to 2181.52. DAY CLOSE TURNOVER Monday 2105.66 (+5.23) 119.20m ($268.866m) Tuesday 2123.81 18.15) 121.98m ($309.639m) Wednesday 2155.601+31.79) 128.03m ($354.356m) Thursday 2162.73 7.13) 71.406m ($239.676m) Friday 2181.52 (+18.79) 88.354m ($248.552m) BT— MGA Index The
      78 words
    • Article
      CORPORATE RESULTS
      2530 16 Company D«t« •no Net earn TY LY <$m) ($m) CPS TV LY (eta) (eta) ABN Amro May t4 2.616 2.286 7.7 6.8 ABR Hldgs Jun 6 0697 2.007 1.6 4.6 Acor May 24 31.029 26.643 22.8 270 Acme Jun 14 52.778 65 946 31.9 39.9 AlSB" Mar 29
      2,530 words
    • Article
      DIVIDENDS ANNOUNCED
      118 16 si !SSS*'ttSn«*!«tSR«c»Ss«’SJnS!#»° N l3sS«N N nl3!:n ssiHis^siisssisisiisHiisiHissiisisiHsiiHlsl^ssHsisssmiil l! ©S^r'4SS°^JC*nf2^jSrnSo?3SSo <n S®r>-r*9?'oS^Sr«-2^«5j5^n^2S^J^®SrsjfN4rM2?3gC3n^raO*sr5 P^^Co4fMSl o2C# mjiimmiimmsnnmmimnmtimiKmmmiiiim a! tf>^ rw m2 CD rMSNNN^£fC:!NNnN2^in^ f .NnNNNnN'0 mmtmjmmmmimmuimiMmwMtiMumum 1# a. Ul U o°i m tl 5 'IiAQoTn O r% *1*4 0 «a 1— m2 «O D ra «rt At *h ssss»|2tis 3 |i?
      118 words
    • Article
      PROPOSED ISSUES
      34 16 I 1 8 80 g si si si st a {Mill h i S 1 f i i U Hi Iifl! 11!!! 1 islti 1 !)k ]fl g3|SI |’f s 1 8
      34 words
    • Article
      Retail sales hit $1.9b in June
      258 17 RETAIL sales rose a slight 0.4 per cent in June over the previous month to about $1.93 billion. the Department of Statistics (DOS) said on Monday. The year-on-year increase was 2.9 per cent from June last year, the department said in its release of
      258 words
    • Article
      6.4% increase in domestic non-oil exports in July
      618 17  -  By Chan Hwa Loon SINGAPORE’S non-oil do mestic exports rebounded bv an unexpectedly high 6.4 per cent year-on-year in July, after a 6.1 per cent decline in the previous month, latest Trade Development Board figures (TDB) showed. Economists here had predicted at
      618 words
    • Article
      Property prices down 10%, says Marco Polo MD
      477 17  -  By Kalpana Rashiwala PRIVATE residential property prices have fallen about 10 per cent across the boara since the Government introduced property speculation curbs in midMay. says Marco Polo Developments managing di rector David Lawrence. The prices of prime properties will now “probably
      477 words
    • Article
      CURRENCY
      130 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.4000 1.4161 Sterling pound 2.1526 2.2050 Australian dollar 1.0947 1.1290 Canadian dollar 1.0150 1.0382 NZ dollar 0.9543 0.9870 EC unit 1.7973 Singapore dollars to 100 units of foreign currency Austrian schilling 13.1025 *****2 Belgian
      130 words
    • Article
      ASIAN CURRENCY UNITS
      113 17 Contract date: August 23 1996 UNIT ONE MTH 3 MTH 6 MTX 9 MTH 12 MTH CALL VALUE DATE uss 4 <4 4‘. 5'. 5 5 4' 28/8/96 AS 6 6 1 6 6 5'. 5>. 27/8'% NZ$ 9' 9 8‘* 8-. 8 8'. 27/8/% STG 5
      113 words
    • Article
      HONGKONG
      480 17 August 23 1996 HK$ 535 Allied Ind Inti 0 44 *0 01 0 65 Asia Sec lot 1 36 uneh Bank ot EA 28 30 ■0 30 C P Pokphand 265 *0 07 COL Hotel 4 12 •0 03 Cafe De Coral 2 10 unch Cain Pac Air 13
      480 words
    • Article
      UNIT TRUSTS
      624 17 Singapore U"it Trust The Commerce 1 65-1 7tt« The Savings Tuna 1 61-1 71« Spo'eP'OgTund 0 70—0 74« S pore Sec Tuna 0 98—1 04«o« S pore Invest Tuna 108—i 15# S oore Eourty Tuna 0 80 —C 85« Credit Lyonnais Infl Asset Mgt Ct Asa-Pac G'Tunp 0.860—C
      624 words
    • Article
      SES MAIN BOARD
      7685 18 1 INDUSTRIAL AND COMMERCIAL Transaction Data: August *****6 1995 96 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale Of000 High Low Div P/E Smil Price ASE NTS10 200 US 214 165 Acer 50c US 180 unch 176 181 180 SON
      7,685 words
    • Article
      Concerns over economic slowdown overstated: MAS
      721 20  -  But growth rates may become more volatile MAS ANNUAL REPORT By Chan Hwa Loon CONCERNS over a severe economic slowdown here are overstated, but Singapore’s economic growth rates are likely to become more volatile in the short run, the Monetary Authority of Singapore (MAS)
      721 words
    • Article, Illustration
      Lock icon How MAS sees the economy
      188 20 Concerns about a severe economic slowdown in Singapore triggered by a collapse in US electronics demand are overstated jiff,i iwmijyyflpaiEy Growth of Singapore’s non-oil domestic exports j is likely to moderate to 7-8 per cent this year. i r Household debt, as a proportion of
      JOHNNY UM  -  188 words
    • Article
      Volatile short-term capital flows not a big concern
      499 20 VOLATILE short-term capital flows are not a concern here as they do not form an important proportion of capital inflows, said the Monetary Authority of Singapore (MAS). "What we need to be watchful of are longerterm flows that add pressures on the
      499 words
    • Article
      High debt will continue to squeeze private consumption
      510 20 PRIVATE consumption in Singapore has been ana will continue to be constrained by high levels of household indebtedness, the Monetary Authority of Singapore (MAS) said in its latest annual report. Tax cuts and other rebates this year will boost real private disposable
      510 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      489 21 mi I’he Straits Times Weekly Edition fflraJwSssffll Uk•'iLiJTTY 9**t ■Wife WTC r> >• To enhance the automation needs and improve the productivity of the Singapore industry, PSB has set up a new System Process Automation Centre with the objective of developing cost-effective, robust, total automation systems/solutions on the factory floor
      489 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      753 22 Singapore Press Holdings Singapore Press Holdings isn't just the region'* leading publisher ot newspapers, magazines and periodicals. We re not just one ot the top ten public-listed companies in Singapore. Above these, we are also a strong player in the multimedia and telecommunications arena with diverse investment holdings. We are
      753 words
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  • FORUM
    • Article, Illustration
      Let’s pull together to overcome vulnerability
      249 23 Reactions to the PM’s National Day Rally speech THE most striking message of Prime Minister Goh Chok Tong’s National Day rally speech, which leaves me cold, is that if Singapore falters, we will have no choice but to ask Malaysia to take us back
      249 words
    • Article
      Is quality of life elsewhere much better?
      344 23 S’poreans with foreign PR want most for least cost I REFER to Mr William Lau Ghee Kai's letter “On emigration: Economic reality here is too daunting" (see this page). It was his reaction to the Pnme Minister’s National Day Rally speech. Emigration is
      344 words
    • Article
      On emigration: Economic reality here is too daunting
      331 23 Why do we want to have children? Certainly not for the prospect of having them lead a life of economic slavery to an apartment and a car. I REFER to the Prime Minister's comments on those who are contemplating emigration. Though I
      331 words
    • Article
      I will rally behind PM Goh for the future of Singapore
      505 23 I REFER to the article “Mr Goh urges young to rally behind him" (see page 1). The Prime Minister’s National Day Rally speech was informative. One very good example he quoted was the issue of rising taxi fares and
      505 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      123 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, such
      123 words
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  • Article, Illustration
    Lock icon New downtown plan unveiled
    696 24  -  Marina South reclaimed land to become integrated working, living and recreational area By Colin Tan THE large tract of reclaimed land in Marina South will be developed into Singapore’s new downtown, an integrated, pe-destrian-friendly city of the next millennium. Marina South will extend the existing 266
    ten Chung ping  -  696 words
  • Article
    Second SingTel offer: Higher take-up rate expected
    553 24  -  Shares offer now on, trading on Sept 17 By Tammy Tan THE Government expects at least 1.65 million of the two million eligible Singaporeans to apply for tne second tranche of Singapore Tele com shares (ST2> almost 20 per cent more than those
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  • Article
    Singaporeans abroad can apply for shares
    290 24 SINGAPOREANS can still ap ply for discounted Singapore Telecom shares (ST2) if they are overseas during the offer period, which ends on Sept 13. Family members and friends may send the offer letters, which will arrive at every Singaporean CPF mem ber’s local address,
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