The Straits Times : Weekly Overseas Edition, 7 September 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, SEPTEMBER 7, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
    20 words
  • 691 1  -  Mortgage repayments not a problem, CRC told By Pang Gek Choo SINGAPOREAN households have borrowed more money in recent years, largely for their housing needs. But the current level of outstanding housing loans, both for public and private homes, is “not
    JALEHA HASHIM  -  691 words
  • 457 1  -  By Yeow Pei Lin MOST go to the university to get a degree Dut Nantah alumnus Kim Kee Cheng. 59. took a degree, found a husband and her first job as well. Now. an assistant librarian at NUS, Madam Kim, who has a Chinese Studies degree,
    Picture by NG HAN GUAN.  -  457 words
  • 349 1 A TIGER escaped from a Night Safari enclosure on Monafav night and was shot by zoo officials after a 25-minute hunt. None of the visitors was hurt and tours were resumed within the hour. The Singapore Zoological Gardens said in a
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  • NEWS FOCUS
    • 714 2  -  By Chua Mui Hoong in Beijing SENIOR Minister Lee Kuan Yew on Wednesday urged China to adopt a patient ana gradual approach in dealing with Hongkong and Taiwan, as mishandling these issues could be exploited oy un friendly groups out to
      SPH picture by WOO FOOK LEONG.  -  714 words
    • 382 2  -  Filtering systems rule will apply only to public subscribers By Adeline Goh ALTHOUGH public subscribers to Internet will have to be channelled through filtering systems from Sept 15. some users here will continue to have unrestricted access to cyberspace. They are employees of
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    • 219 2 BEIJING Chinese President Jiang Zemin on Wednesday told Senior Minister Lee Kuan Yew that China wanted to bring Sino Singapore ties to a deeper level in tne next century, the Chinese state television network reported here. The two countries now enjoyed close ties which had
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    • 553 2  -  By Dominic Nathan SINGAPOREANS’ rejection of the idea of a re-merger with Malaysia shows that they feel strongly that the Republic should oe a harmonious multi-racial society with meritocracy as its guiding principle, said Deputy Prime Minister Tony Tan oh Wednesday. He said: “Today,
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    • 614 3  -  Scholarships, bursaries for ITE students By Chua Lee Hoong PRIMARY Five and Six pupils can now vie for Edusave scholarships, while ton students in the Institutes of Technical Education can also try for scholarships and bursaries. Available previously only to secondary school students,
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    • 486 3  -  By Lim Li Hsien A FORMER beauty queen and model is suing a taxi driver for damages after a traffic accident scarred her face and ended her modelling career. Ms Leong Sook Mei. 28. said she "lost confidence" and stopped modelling
      Picture by LIM SIN THAI.  -  486 words
    • 220 3  -  By David Miller A SINGAPORE Airlines flight steward died on his birthday when the car he was driving hit a tree along Havelock Road early on Wednesday. His five passengers were injured. Police are trying to find out if Mr Khong Yung Yew,
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    • 386 3  -  Injured in friendly soccer match By Santokh Singh WOODLANDS Wellington player S. Anthonysamy was paralysed from' the neck down after he was hurt in a friendly soccer match against Selangor at Woodlands Stadium on Tuesday night. The 31-year-old winger, who played briefly for
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  • HOME
    • 391 4  -  Hub will give access to government networks By Thomas Lee and Adeline Goh WITHIN a matter of months, people may be able to access government services and make payments through the Internet. All this will be possible when an Internetwork Hub is formed by
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    • 509 4  -  By GinnieTeo HE HAS a hole in his heart and has had two operations to correct the problem since he was eight, leaving him ‘very weak", said a lawver whose client was convicted of theft. But Kwok Siong Choy s
      509 words
    • Article, Illustration
      189 4 E-MAIL AT BUS STOPS: Imagine checking your e-mail on an Internet kiosk at a bus stop while waiting for your bus to arrive. This will be possible with the Internetwork Hub. said Mr Michael Yap. the National Computer Board’s director of information infrastructure and new media/Intemet
      NOEL ROSALES  -  189 words
    • 461 4  -  Agreement is Bank’s first with any country By Hau Boon Lai SINGAPORE and the World Bank on Thursday signed an agreement to pool their resources in a move which will add a global dimension to the Republic's technical cooperation programmes with
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    • 196 5 WHY did Professor Samuel Huntington believe that Singapore’s clean and efficient system would go with Senior Minister Lee Kuan Yew to his grave? This question was put to him last Saturday. He had said in Taipei in August last year that the
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    • 571 5  -  More likely: E. Asia peace ‘secured at price of hegemony’ By Asad Latif A MAJOR war of civilisations could break out if the United States refused to accept Chinese domination of East Asia, Harvard Krofessor Samuel Huntington said ere last
      . Picture by AZIZ HUSSIN.  -  571 words
    • 409 5  -  By TuminahSapawi MOTHERS have an important place in former President Wee kim Wee’s heart. Inaeed he said that his own mother Madam Chua Lay Huan. who died at 52 when he was 19, was like his God. Mr Wee. who officiated
      File picture.  -  409 words
    • 484 5  -  By Sandi Tan SINGAPORE film making will get another boost when American cable channel TNT begins airing a two-hour special called An Evening Of Asian Shorts on Nov 26, at 8 pm. The programme will be repeated three more times next year.
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    • 364 6  -  Tn this way, we are going beyond Singapore. Those who surf the Internet in the neighbouring countries can also have access to the list of wanted men/ A police spokesman on putting the list on the Internet By Tan Ooi Boon POLICE
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    • 451 6 SIM CHONG KIM. 37. Wanted for firearm robbery. Last known address is Block 172. Ang Mo Kio Avenue 4 He is said to have robbed a man of $130,000 at gunpoint at a carpark in Bedok South Avenue 1 while armed with a gun on
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    • 421 6  -  By Walter Fernandez THE four Singapore Democratic Partv members, charged with contempt of Parliament, nave submitted their written defence to Parliament denying the charges. The four. Dr Chee Soon Juan. Mr Wong Hong Tov. Mr Kwan Yue Keng and Mr S. Runalen. each submitted
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    • 320 7  -  By Thomas Lee A 21-YEAR OLD undergraduate has received more than 50 birth day cards from complete strangers in the last month, wishing him all the best in his fight against Aids. But Mr Lew E-Leong does not have Aids. He
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    • 275 7  -  By Thomas Lee INFORMATION on the 2,500-year-old Buddhism religion can be found on the Internet thanks to a 28-year-old nun. Thubten Dechen, a resident nun of the Amitabha Buddhist Centre in Geylang, is the web master for the* centre’s home page. She maintains the
      Picture by JEROME MING.  -  275 words
    • Article, Illustration
      207 8 OFF THEY GO: It was pedal power instead of jet propulsion down the Pava Lebar Air Base runway on Sunday, when more than 5.000 cyclists turned up for “Runway Cycling '96". Organised by Safra National Service Association, the Singapore Sports Couricifand Pava Lebar Air Base, the event
      up cycling more seriously this vear. It is a chance to keep the family together." Picture by AZI& HUSSIN.  -  207 words
    • 296 8 HONGKONG social work student Marco Lee always thought Singapore was a “very restricted" place with strict laws. But after spending just a week here, the 22-vear-ola City University of Hongkong student said he was impressed by Singapore's social harmony and its welfare system
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    • 432 8  -  By Rav Dhaliwal CHANGI Airport launched a GST Greet. Smile. Thank cam paign last Friday to bring warmth into service at’the airport. The three-month campaign, organised bv the Civil Aviation Authority of SmgaDore (CAAS). will cover about 6.500 front-line
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  • Page 7 Advertisements
    • 195 7 Home Delivery Weekly! The StraitsTiines WEEKLY EDITION Ve Plan 'W. anti- AOv ei/ed k§\U SSfiKfc life**® «1 A crisp summary of the week’s major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may
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  • Page 8 Miscellaneous
    • 1131 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M BAND) MONDAY 1100 News/Tonight on RSI 1109 Business Market Report 1115 Frontiers 1130 News 1135 The Front Page 1138 Take Five 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market Report 1230 News 1240
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  • SPORTS
    • 143 9 AFF ‘Our only hope is to do it collectively. We at the AFF will start looking at it seriously.’ AFF general secretary Dato Paul Mony. BRUNEI ‘lt is possible. The more established footballing countries should take the lead.’ Brunei
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    • 434 9  -  SOCCER By Tay Cheng Khoon THE Asean Football Federa tion (AFF) should consider making a joint bid to bring the World Cup to the region. Speaking at a welcome dinner for the AFF’s Tiger Cup at the Marriott Hotel on Tuesday, Minister
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    • 412 9 THE Asean Football Federation has responded positively to a suggestion from Minister for Community Development Abdullah Tarmugi that the “AFF consider making a joint bid to co-host the Fifa World Cup”. Said AFF general secretary Dato Paul Mony: “There is no way any single country
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    • 435 9 Tay Cheng Khoon reports on the opening match of the Tiger Cup soccer tournament: Singapore 1 Malaysia 1 THE chap sitting next to me was wTong. There were fireworks at the National Stadium on Sunday night., although fans had to wait till the dying
      . Picture by SEH.  -  435 words

  • MALAYSIA
    • 592 10  -  Malaysia celebrates its 39th year of independence By Ho Wah Foon in Kuala Lumpur PRIME Minister Datuk Seri Dr Mahathir Mohamad last Friday told all Malaysians to be much more cultured and civilised as the nation marched towards its goal
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    • 364 10 Bemama. KOTA KINABALU Malaysia marked its 39th National Day in a colourful ceremony here last Saturday which included the maiden public appearance of its first home-made motorcycle. In a fitting tribute to the national-level celebrations hosted by Sabah for the first time. To units of
      Bemama.; Reuter picture.  -  364 words
    • 280 10 AFP. KOTA KINABALU Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad last Saturday said a comment by Singapore's Senior Minister Lee Kuan Yew that the Re public might have to reunite with Malaysia was to give Singaporeans “an electnc shock if they don’t
      AFP.  -  280 words
    • 423 10 Malaysia ‘was first in Asean to respond to crisis’ Bemama. KUALA LUMPUR The United States has praised Prime Minister Datuk Seri Dr Mahathir Mohamad for playing a “very strong political role, telling the world of the need to
      Bemama.  -  423 words

  • SOUTH-EAST ASIA
    • 696 11  -  Historic moment after four-year peace process By Nirmal Ghosh Philippines Correspondent MANILA Muslim rebels and the Philippine government signed a peace agreement on Monday ending 28 years of war in the south that killed more than 120,000 Fili pinos and ushering in what Presi
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    • 203 11 BELGIAN traveller Axel Ewbank (right with his dog Raja) will journey overland across Asia to Europe in one of the three-wheel taxis or “tuk-tuks” that ply the streets of Bangkok, The Nation newspaper reported last Friday. Mr Ewbank plans to ride a 550
      Bangkok Post picture.  -  203 words
    • 382 11  -  By Paul Jacob Indonesia Correspondent JAKARTA The Indonesian air communications authorities, reacting to the possibility that national carrier Garuda could be barred from flying to the United States, said steps were being taken here to ensure full compliance with international safety
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    • 458 11  -  Manila ‘benefiting from stability and reforms’ By Nirmal Ghosh Philippines Correspondent MANILA The Philippine economy in the second quarter of the year recorded its fastest growth in six years, with gross national product (GNP) jumping 7.7 per cent. With that performance, GNP growth
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    • 238 11 AFP JAKARTA The highest authority on Islam in Indonesia, the world's largest Muslim populated-country, would be declaring the drug Ecstasy haram or forbidden for Muslim consumption, an official said on Tuesday. The Indonesian Council of Ulemas (MUI) had plans to issue a ruling to
      AFP  -  238 words

  • COMMENT/Pick of the week’s editorials
    • 678 12 SEPTEMBER 6 1996 SINGAPORE is at an early stage in developing its technological capability to power industry, rela tivc to peer economies like Taiwan and South Korea. These two countries have depth: more scientists and engineers as a ratio of the working population, and a higher percentage
      678 words
    • 706 12 SE° T EMBERS <996 DID United States Republican presidential candidate Bob Dole expect President Bill Clinton to rise so quickly to the taunt of a "failure of American leadership" in the Middle East? Whether ne did or not. the world may have even greater cause
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    • 686 12 SEPTEMBER 4. 1996 THERE will remain apprehen sion among a good many Filipinos over the peace agreement signed on Monday between their government and’ the Moro National Liberation Front (MNLF>. which ends the Muslim uprising in the southern island of Mindanao Has peace finally come°
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    • 855 12  -  By Alan John ONE minute he was sailing along on the Pan Island Expressway in the back of a pick-up truck. Tne next. Mr V. Mani Kandan. 25. fell off and hit tne road. Hours later, he was dead. It would be
      LUDWIG ILIO  -  855 words

  • COMMENT/ANALYSIS
    • 1130 13  -  By the way With TAN SAI SIONG BREATHES there a Singa porean who is so insulated that he does not know what the 5 Cs mean? If one exists, he must be a rarity. as 3-C jokes are already
      LUDWIG ILIO  -  1,130 words
    • 1057 13  -  My View ASAD LATIF HISTORY is a little like beauty: It lies in the eye of the beholder. The thought was occasioned by correspondence ana commentaries on the subject in The Sunday Times lately. The rekindled interest in history is eminently commendable, of
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2208 14 From Rugged Society to Global Village to Lion City to Singapore Inc to Singapore Our Best Home what do these changing metaphors and similes used by the leaders say about the various stages of nation-building? Ravi Veloo finds out. IN A manner of speaking. Singapore
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    • 1175 15 The Prime Minister gave the Consumers Association of Singapore a big boost in his National Day Rally speech when he announced that the Government would give $5 million to its endowment fund on a dollar-for-dollar matching basis. Leong Ching Ching
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    • 1250 15  -  Thinking Aloud Leslie Fong SOME well-meaning friends of Prime Minister Goh Chok Tong have been known to urge him not to say anything in public about the percentage of votes which his government hopes to secure in the coming general election. As
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  • MONEY
    • 480 16 Singapore sharemarket review US-Iraq tensions and ongoing fears about US interest rates hike dominated trading during a week w hich saw the benchmark Straits Times Industrials Index (STII) shedding 2.6 per cent. Shares on the local bourse however, bore up remarkably well
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    • 79 16 ST Industrials Index The Straits Times Industrials Index fell 56.84 points on the week to 2096.70. DAY CLOSE TURNOVER Monday 2128.80 (-24.74) 54.225m ($149.399m) Tuesday 2105.26 (-23.54) 82.154m ($202.472m) Wednesday 2094.48 (-10.78) 69.700m ($184 925m) Thursday 2110.34 (+15.86) 64.144m ($149.908m) Friday 2096.70 (-13.64) 65.229m ($168.818m) BT— MGA
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    • 1777 16 Company Data •no Not torn TY LY ($m) ($m) EPS TY LV (cts) lets) AMDS* Jun 25 P ***** 17.142 5.7 2.9 ABN Amro Jun 28 1 1.696 1.244 492 367 ABR Hldgs Jun 6 F 0.697 2.007 1.6 4.6 AV Jennings Jul 16 r 12.762 5.163 12.3
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    • 819 16 Payment <*> Cl date Booki close Ray date ABN Amro5fl<10) 1 36a Aug 16 Sap 2S A leu Hldqs b 6 Oct 2 Oct 8 Oct 18 Asia Pac Id b 2 Sep 16 Sep 20 Oct 18 Avlmo Grp 20C 1 6.3TE Aug 16 Aug 22 Sep
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    • 55 16 RIGHTS ISSUE Company Ratio Exdata Books close ACC Paymt Orchard P One-for-one $1.80 Sop 2 Sop 6 NYA Gadjah 2000 One-for-one RuplOOO Oct 2 Oct 8 NYA OTHERS Company Ratio Exdato Books dose Ace Paymt Orchard P Entitlements of 532 Warrants 1999 for ovary 1000 Warrants 1999 hold
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    • 281 16 Company Place Oete Time Malay «wit* A E Bmtang Room Grd Fir, Garden Wing Rasa Sayang Resort ***** Batu Feringgi Beach Penang Sep 2 12.00nn PSC E 348 Jin Boon Lay (*****9) Sep 3 11.00am Kl industries A Ballroom Lower Lobby KL Parkroyal Jin Sultan Ismail ***** Kuala
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    • 77 16 Company Amcol One-tor-two <» $2.05 Ccon Inti One-for-two $1.22 Mulpha One-tor-four if M$1.60 OUT One-tor one $2.00 OUT Fortign One-for-one *> $2.07 PSC One-for-two (P $0.70 MAA One-tor-live OUT One-for-five Oriental H Two-for-five PSC One-for-five Seksun P One-for-two Thakral One-for-ten Company Sembawang Proposed Issue of S$350m Corpn redeemable
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    • 401 17  -  Plan for liaison offices to boost trade By Chua Mui Hoong in Qingdao(Shandong) SINGAPORE-SHANDONG eco nomic co-operation got off to a good start this year, with increased investments and plans for both sides to set up representative offices to promote investments. Total contracted investments
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    • 886 17  -  By Kalpana Rashiwala THE spurt in private residential propertv launches seen at the end of last year could be repeated this year, witn some 3.300 to 5,000 new units projected to come on to the market between now and the end of
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    • 139 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar 1.3971 2.1709 1.0956 1.0103 0.9563 1.4126 2.2231 1.1295 1.0330 0.9887 1.8020 Singapore dollars to 100 units of foreign currency Austrian schilling 13.1121 Belgian franc 4.4975 Danish
      139 words
    • 104 17 Contract date: September 6 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 4'. 5 5« 5’. 5’. 4'. 10/9/% AS 6'. 6'. 6' 6' 6--5'. 10/9/96 NZS 9'9' 8'8 8'4 8*. 10/9/% STG 5 5 4'. 4 4 4s
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    • 485 17 September ***** HKS ASM Pacific 5 10 unch Allied Ind Int i 0 43 0 02 0 72 ♦0 07 Asia Sec Int 127 unch Bank of EA 27 55 -0 05 C P Pokphand 260 unch CDL Mote 400 unch Cafe De Coral 2 10 -0 05 Cath
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    • 581 17 Mgrs Prices. Sep 9 Singapore Unit Trust The Comme f ce I 61—! 713 T-eSa»-gsf jnc 1 57-1 673 S'po'eP'ogFund 0.68-C 728 S po’* Sec F und 0 96—1.02«d3 Seo'ei-ves'Fund 1 05-1 123 S'PO'eEdutyFund 0.78-0 83® Credit Lyonnais IntT Asset Mgt ClAsia-PacG'Fund 0 840 —C 885" Cl S
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    • 8247 18 I INDUSTRIAL AND COMMERCIAL Transaction Date: September ***** 1995 96 Curr Last Vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale +or000 High Low Oiv P/E Smil Price ASE NT$10 200 US 214 165 Acer 50c us 177 •3 10 177 177 50N
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    • CORPORATE RESULTS
      • 479 20 Cycle Carriage reports 14% rise in interim earnings to $96m CYCLE Carriage (C&C) on Tuesday reported a 14 per cent rise in group interim net earnings to $96 million on the back of strong performances from its property interests and motor divisions in Malaysia and Australia The result was in
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      • 434 20 BCOYED by a robust showing from almost all its core businesses. Singapore Technologies Industrial Corporation’s (STIC) net earnings tor the half-year to June rose 20.9 per cent to $30.7 million. Turnover for the period grew 23.2 per cent to $766.9 million while operating profit
        434 words
      • 600 20 CITY Developments last Friday reported a higher-than-expected 33.7 per cent increase in interim group net profit to $209.7 million. This was achieved on develop ment properties sold before this year, with contributions from Symphony Heights. Hume Park 11, Hillview Green. Peirce Villas as well as Hillview
        File picture.  -  600 words
      • 214 20 SOFT DRINK maker V’eo Hiap Seng (YHS) saw a 17.1 per cent drop in net earnings to $5.5 million lor the half-year to June due to higher promotional expenses. turnover for the period dipped 0.6 per cent to $104.5 million wnile investment income piunged
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      • 453 20 ORCHARD Parade Holdings (OPH) on Monday reported a 90 per cent jump in interim net earnings to $21.6 million assisted by contributions from subsidiary Yeo Hiap Seng (YIIS) and a change in its accounting policy. These factors also resulted in
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  • Page 21 Advertisements
    • 941 21 i m* ■*•<*&&&*.*»* The Straits Times Weekly Edition .viiiiMnUilDJll HHMHI •>. wm r .1 mv Overseas Union Bank Ltd invites applications for appointment as: LEGAL OFFICER The successful candidate will he assigned to the Credit Administration Department of the Bank's wholly-owned subsidiary, International Bank of Singapore Limited. He/She will he
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  • Page 22 Advertisements
    • 905 22 Take Your Position To Redefine The High-Tech Business Environment For The Future. Now At Technology Parks. Technology Parks is Singapore's largest private hi-tech industrial developer, specialising in the development, marketing and management of hi-tech industrial parks including the prestigious Singapore Science Park. We own and manage more than 1 billion
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  • FORUM
    • 555 23 Singapore’s R D is on the right track NUS has made the right move into long-term research I REFER to Ms M. Nirmala’s article “NUS goes into long-term research” (ST Weekly. Aug 31). I am proud and pleased that my alma mater, tne National University of Singapore (NUS), has decided
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    • 235 23 IN HIS speech after receiving an honorary Doctor of Laws degree from the National University of Singapore on Aug 27, Mr J. Y.M. Pillai said something that struck a chord in me. As a High Commissioner now. he recounted receiving
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    • 596 23 MUCH of the argument advanced in the many letters concerning the eventuality of Singapore’s re-merger witli Malaysia centred around loyalty to nation and warned that we should not be just economic animals. Despite these strong affirmations which are rightly made, they
      596 words
    • 375 23 I REFER to the articles by Yeong Ah Seng. “Make continuing medical education compulsory” (ST Weekly, Aug 31), and Dr Alfred W.T. Loh, “College just as keen to see doctors update skills”. It is important for medical practitioners to upgrade their knowledge and skills
      File picture.  -  375 words

  • 673 24  -  By Raoul Le Blond and Braema Mathi A S4-BILLION plan to bring Singapore's science and technology capabilities up to par with developed nations in 10 to 15 years was sketched by Trade and Industry Minister Yeo Cheow Tong on Tuesday. The five-year
    college category’ when it beat four other entries. Picture by ENRIQUE SORIANO.  -  673 words
  • 337 24 ABOUT 13,000 research scientists an increase of more than 5,000 are needed in the next five years if the new National Science and Technology Plan, NSTP2OOO, is to take off. By the year 2005, another 7.000 scientists would be needed, according to a
    337 words
  • 606 24  -  By Walter Fernandez HELP your parents and younger siblings to buy discounted Singa pore Telecom shares bv topping up their Central Provident Fund accounts. This wav, they too will be able to take up the Government’s offer of the shares and gain
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