The Straits Times : Weekly Overseas Edition, 21 December 1996
1996-12-21
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The Straits Times : Weekly Overseas Edition
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Title Section19 1996-12-21 1 The Straits Times WEEKLY EDITION SATURDAY, DECEMBER 21, 1996 Price: S$L2O (in Singapore) Elsewhere by subscription only MITA(P) 156/08/9619 words
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Article691 1996-12-21 1 Sumiko Tan - Parliament dissolved but no word on the date of Polling Day By Sumiko Tan THE Government on Monday announced that Nomination Day for the General Election will be Dec 23 but left open the date ot Polling Day. A Government statement said that Parliament was691 words
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Article, Illustration326 1996-12-21 1 A FIVE-YEAR love affair with Nepal inspired architecture student Miss Leong Huey Miin to re-design the famous Basantapur Square in Kathmandu, the country’s capital. She did it for her final-year project in architecture at the National University of Singapore and itPicture by DENISE TAN. - 326 words
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740 1996-12-21 1 But it will depend on the country being ‘the best home’ YOUNG Singaporeans can become what they want to be, in the coming century, but their dreams will come true only if the country achieves its vision of being “the best home”,740 words
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Page 1 Advertisements
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Advertisement11 1996-12-21 1 *****1******6 Pasir Ris and Woodlands LRT line under study: Page 2411 words
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Advertisement10 1996-12-21 1 c Planning a EER Move CHECK OUT Pages 21 2210 words
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NEWS FOCUS
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Article, Illustration729 1996-12-21 2 Jean Chia - By Jean Chia THREE former board members of Amcol Holdings Chng Heng Tiu. Kang Thian Leng and Jhonnv Kesuma were charged on Wednesday with failing to act honestly in their duties as directors. The Commercial Affairs Department (CAD) alleged that729 words
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204 1996-12-21 2 AFP. BEIJING Chewing gum could become the latest target of China's anti-pollution efforts. after media hints that authorities in the countrv are considering following Singapore's lead. Singapore bans the import and sale of chewing gum. The official China Daily last Friday devoted considerableAFP. - 204 words
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504 1996-12-21 2 Survey: Nine hours a week spent on-line THE Internet has taken over the lives of many avid surfers in Singapore: they are watching less television, exercising less and spending less time with their family, a survey has found. It discovered that Net504 words
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414 1996-12-21 2 Edmund Tee - By Edmund Tee A CUSTOMER at a petrol station found his Daihatsu Charade stolen after leaving it for only a couple of minutes to pay his bul. Mr Goh Boon Pin. 21, discovered the theft at the Esso petrol station on Jervois414 words
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Article, Illustration607 1996-12-21 3 Tan Ooi Boon - Actual number of beneficiaries to be settled at an inquiry next year By Tan Ooi Boon THE bulk of the $l3-million dollar estate of tycoon Seah Liang Seah, who died in 1925, will go to his sons’ male descendants only, the607 words
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640 1996-12-21 3 Chua Mui Hoong - By Chua Mui Hoong THE World Trade Organisation conference last week was an example of how Singaporeans worked together as a nation to make Singapore succeed, Deputy Prime Minister Lee Hsien Loong said last Saturday. The conference proceeded smoothly640 words
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317 1996-12-21 3 THE successful conclusion of the World Trade Organisation's first ministerial conference will translate into better jobs and a higher standard of living for Singaporeans, said Communications Minister Mah Bow Tan last Saturday. The declaration endorsed by the 128 members of the WTO was317 words
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Article, Illustration389 1996-12-21 3 Chang Ai-Lien - By Chang Ai-Lien A COMMITTEE of eight prominent men has been set up to raise funds for the Albert Winsemius Professorship at the Nanyang Technological Universitv (NTU). All were close friends of the Dutch economist who was once Singapore's economic adviser. He389 words
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GE ’97
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Article, Illustration864 1996-12-21 4 Koh Buck Song - Ministers will make greater difference in wards By Koh Buck Song PRIME Minister Goh Chok Tong and Senior Minister Lee Kuan Yew both made a strong pitch on Sunday to voters in Group Representation Constituencies to elect the864 words
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266 1996-12-21 4 SINGAPORE Democratic Party leader Chee Soon Juan took just three years to destroy the party that its founder Chiam See Tong took 13 years to build. Senior Minister Lee Kuan Yew said on Sunday Speaking at266 words
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Article, Illustration895 1996-12-21 4 Koh Buck Song - By Koh Buck Song THERE is no conflict in campaigning for the coming General Election over Christmas Eve and Day next week. This was the consensus from interviews on Wednesday with more than 30 MPs. church leaders and laymen. Candidates contesting the coming election are895 words
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Article, Illustration568 1996-12-21 5 Sharon Vasoo - By Sharon Vasoo COME TO Kampong Glam if you want but be prepared for a trouncing, MP Loh Meng See challenged opposition party member J.B. Jeyaretnam last Saturday. “He’s welcome to put up a contest but I thought I’d better forewarn himLIANHE ZAOBAO picture. - 568 words
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534 1996-12-21 5 INCUMBENT MacPherson MP Matthias Yao on Tuesday renewed his challenge to opposition politician Chee Soon Juan to face him in an electoral contest in MacPherson, and urged him not to “run away from the judgment of the people”. He noted that Dr534 words
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Article, Illustration377 1996-12-21 5 THE four Singapore Democratic Party members found guilty of contempt of Parliament paid their fines totalling $51,000 on Thursday just hours before the one-week deadline they had been given was up. The party’s head of research and planning, Mr S. Kunalen,Picture by ENRIQUE SORIANO. - 377 words
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Article, Illustration406 1996-12-21 6 Walter Fernandez - But Chiam wants written confirmation By Walter Fernandez THE Singapore Democratic Party on Thursday said it would not contest in Potong Pasir now that Mr Chiam See Tong had resigned from the party and intended to defend nis seat there asPicture by LILLIAN FOO. - 406 words
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428 1996-12-21 6 Leong Ching Ching - By Leong Ching Ching POLITICAL rallies will be the focus of the People s Action Party's campaign for the coming General Election. Mr Wong Kan Seng said on Wednesday. “It is an effective way of reaching out to a large crowd." he428 words
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Article, Illustration541 1996-12-21 6 Ravi Veloo - By Ravi Veloo PROSPECTIVE independent candidate Chia Shi Teck will now contest in a single-seat ward as his hopes of leading a team in a Group Representation Constituency have fallen through for want’ of a suitable minority candidate. He said on Thursday541 words
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497 1996-12-21 6 Chua Lee Hoong - By Chua Lee Hoong FORMER Cabinet Minister Yeo Nine Hong, who is currently MP for Kampong Glam GRC. has announced that he will not be contesting the next General Election. It is the first497 words
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HOME
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Article582 1996-12-21 7 Ahmad Osman - Ex-heads of S’pore Psychological Society criticise SDP chief By Ahmad Osman SINGAPORE Democratic Party chief Chee Soon Juan was an idealist who was not a good team player when he was an official of the Singapore Psycho logical Society, said two former presidents wno582 words
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Article, Illustration320 1996-12-21 7 TCS star found to have ‘prior contract’ FANN WONG, one of the top actresses with the Television Corporation of Singapore, has been suspended from her normal duties with the station. In a press statement released by TCS on Tuesday, the station said that Fann, who signed onby TCS. - 320 words
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437 1996-12-21 8 SINGAPORE will be taking part in the biggest global studv ever to see if doctors should start prescribing inhaled steroids to treat asthma. The five-year Start (Steroid Treatment as Regular Therapy in Early Asthma) study will involve 6*Boo asthmatics* from 34437 words
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Article, Illustration416 1996-12-21 8 Yeow Pei Lin - By Yeow Pei Lin MARINA PROMENADE will be turned into a place where buffaloes roam for a Lunar New Year event in February. To usher in the Year of the Ox. 30 lifesized. fibreglass oxen will greet visitors to the Singapore River Hongbao celebrationPicture by TERENCE TAN. - 416 words
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Page 7 Advertisements
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Advertisement183 1996-12-21 7 Home Delivery weekly! A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executives appointments.... and highlights on Malaysia and the Asean. A convenient tabloid airmailed to you wherever you may be. Yes! Every week. Subscribe now. And be at home with the ST183 words
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Page 8 Miscellaneous
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Miscellaneous1131 1996-12-21 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 12401,131 words
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SPORTS
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Article, Illustration533 1996-12-21 9 Thomas Koh - Ukrainian coach confident Republic’s sailors can emulate 1960 weightlifting feat By Thomas Koh YACHTING SINGAPORE won its first and only Olympic medal way back in 1960 when weightlifter Tan Howe Liang hoisted his way to a silver in Rome. It has been a long andPicture by TAN SUAN ANN. - 533 words
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484 1996-12-21 9 S. Murali - SOCCER By S. Murali DO NOT pay "under-the-table” money to circumvent the $6,000 salary cap for local players: Clubs caught doing so will be sacked from the S-League. This was decided at an emergency meeting of club chairmen and S-League officials on Monday.484 words
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427 1996-12-21 9 Thomas Koh - By Thomas Koh. THE early bird catches the worm. With that in mind, tne Singapore Tenpin Bowling Congress has mapped out a comprehensive strategy for its South-east Asia Games assault in Jakarta next October. The sport was a Sea Games gold mine for427 words
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MALAYSIA
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489 1996-12-21 10 Canberra must guarantee their safety, says Najib PETALING JAYA The Malaysian government might stop sending students to Australia if their safety could no longer be guaranteed. Education Minister Datuk Seri Najib Tun Eazak has said. The Sun newspaper on Wednesday quoted him as489 words
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325 1996-12-21 10 Brendan Pereira - By Brendan Pereira in Kuala Lumpur MALAYSIA’S first light rail transit system got off to a smooth start on Monday with an estimated 40,000 commuters paying between 75 cents and M 52.95 (551.65) to use the service. For many, it was a hasslefree325 words
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Article, Illustration456 1996-12-21 10 KUALA LUMPUR A couple sought by police for allegedly abandoning their six children in Muar. Jonor, were picked up in Gombak here on Sunday, following a four-day nationwide search. Policemen in a patrol car spotted a white Proton Iswara with a couple insideUtusan Malaysia picture.; File picture. - 456 words
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377 1996-12-21 10 Brendan Pereira - By Brendan Pereira. KUALA LUMPUR The Malaysian Indian Congress (MIC) has started distributing pamphlets to warn Indian women about the dangers of marrying Bangladeshi workers. Titled “A Temporary Relationship. A Permanent Problem", the pamphlets gave reasons why local Indian women should377 words
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SOUTH-EAST ASIA
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450 1996-12-21 11 Leticia Perez - By Leticia Perez in Manila THE Philippine Foreign Affairs Department nas said that it wants the Senate’s approval of an earlier agreement between Singapore and the Philippines to hold a joint military exercise in the country. Foreign Affairs Under secretary Rodolfo450 words
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Article, Illustration420 1996-12-21 11 Woman tourist in Bogor killed by tiger after posing for this picture NST, AFP. JAKARTA A white tiger in a popular safari park in Bogor. 60 km south of here, attacked and killed a Malaysian woman minutes after she posed for a photograph with theNST,; AFP.; New Sunday Times picture. - 420 words
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181 1996-12-21 11 Reuter. HANOI Six people have been arrested in Ho Chi Minh City in connection with a racket that police said sent prostitutes from Vietnam to Singapore. An anti-vice squad officer told Reuters on Tuesday: “We have arrested quite a number of womenReuter. - 181 words
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224 1996-12-21 11 -LAT. SAN FRANCISCO A federal appeals court here has upheld a US$l.9 billion <S$2.6 billion) verdict against the estate of the late Philippine President Ferdinand Marcos. The ninth US Circuit Court of Appeals affirmed on Tuesdav the verdict handed down by a-LAT. - 224 words
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COMMENT/Pick of the week's editorials
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Article682 1996-12-21 12 DECEMBER 19 1996 IT HAS been four months since a barely educated seller of fish meals named Pauline Hanson said rude things in Australia's parliament about Asian immigants. She is now portrayed by e country's famously excitable media as a politician of standing Obviously trying too682 words
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Article697 1996-12-21 12 DECEMBER 18 1996 ALL politics is local. The truth of that adage is being felt more keenly than ever as the People's Action Party <PAP> embarks on a local election strategy- to counter the opposition's by-election effect. The PAP's move to have a minister lead697 words
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Article662 1996-12-21 12 DECEMBER 16.1996 NOW that the World Trade Organisation (WTO) has cleared its first big hurdles on the long road to global free trade, the question to ask is. what lies ahead'’ Plenty, if the 22-point declaration hammered out at its inaugural ministerial conference is662 words
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Article, Illustration849 1996-12-21 12 Alan John - By Alan John FOR thousands of parents, the Big Event happening in early January is not the General Election but their children s entry to Primary 1. They will take leave from work, test transport routes and brace themselves for a week to849 words
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COMMENT/ANALYSIS
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Article, Illustration1135 1996-12-21 13 ASAD LATIF - My View ASAD LATIF READING about the death of Dr Albert Winsemius earlier this month, I discovered that I had a personal debt to him. No, I had never seen, let alone met the Dutchman, who headedJIMBO ALBANO - 1,135 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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Article, Illustration1461 1996-12-21 14 How effective will be the PAFs plan to turn each ward s contest into a local government election to counter the opposition’s by-election strategy? How will voters react? And what will the opposition do to challenge it? Chua Lee Hoong reports. CONVENTIONAL wisdom has it that1,461 words
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683 1996-12-21 14 PLANS FOR SOME WARDS THE strategy, first declared explicitly by Prime Minister Goh Chok Tong at the People’s Action Party convention last month, entails detailed plans to improve each constituency. Mr Goh said: "The PAP will put up a programme for everv constituency683 words
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Article, Illustration1196 1996-12-21 15 Han Fook Kwang - Thinking Aloud Han Fook Kwang THE most damning attack against Dr Chee Soon Juan last Wednesday came from Dr S. Vasoo, when the latter revealed how he found out about his former university colleague’s dubious taxi fare claim. Recounting the incident during the parliamentary1,196 words
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Article, Illustration1142 1996-12-21 15 Koh Buck Song - Brief By Koh Buck Song NOT surprisingly, the Singapore Democratic Party has been indulging in misinformation against the press through systematic allegations about biased reporting. And it does so by practising precisely what it accuses the press of doing highlighting1,142 words
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MONEY
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Article424 1996-12-21 16 Singapore share market review THE local bourse traded at a narrow range this week, with fund managers mostly sidelined ahead of the year-end holidays. Wall Street's volatile performance throughout the week also added to the uncertainties in the market. Institutional dealers said many clients424 words
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Article1636 1996-12-21 16 Company D#t# snn Nat earn TY LY <$m) (Sm) EPS TY LY (eta) Ml) ABN Amro Sap 18 1 1.696 1,372 492 402 AISB* Sap 30 1 1.629 8.737 1.50 6.52 Alcorn* Sap 12 1 13.682 14.510 10.7 WA Aiti Hldgs Dac 12 1 0.885 1.159 2 951,636 words
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Article79 1996-12-21 16 ST Industrials Index The Straits Times Industrials Index rose 17.67 points on the week to 2196.81. DAY CLOSE TURNOVER Monday 2183.26 M.12) 53.990m ($171.995m) Tuesday 2176.52 (-6.74) 62.365m ($183.492m) Wednesday 2195.78 (+19.26) 64.326m ($195.424m) Thursday 2199.35 (+3.57) 72.952m ($195.591m) Friday 2196.81 (-2.54) 87.460m ($275.779m) BT— MGA Index79 words
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Article101 1996-12-21 16 Company Plato Data Tima GPE Ind E Tha Oriantal Singapora Monat Suita. Laval 1 S Raffias Avanua Marina Squaro (*****7) DacIT 11.00am Stamford E 21-A Lok Yang Way Dac 17 2.30pm Tyra* Jurong (*****7) Mayfran A 2 Tuas Avanua 10 (*****6) Dac 18 4.00pm Malaysian A Slmax Room101 words
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Article157 1996-12-21 16 RIGHTS ISSUE Ex* Books Acc 6 Company Ratio date close Paymt Ccon Inti One-for-two $1.22 Dec 5 Dec 11 Jan 7 Gadiah 2000 One-for-one RuplOOO Oct 2 Oct 8 NVA Hloonq ind One-for-live RM6.00 Nov 13 NOV 19 NYA Sungoi Way One-for-flve MS4.50 Dec 16 Dec 20 NYA157 words
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Article106 1996-12-21 16 Company Rlqhtf Ittuo AlSB Throo-for-fivo RM5.50 Amcol Ono-for-two 9 $2.05 h Lconq Cred Ono-for-ton 9 M$6.90 MUI Ono-for-two 9 M$1.30 Muipn* One-for-four M$1.60 PMI Throo-for-two M$1.00 Company Bonus Issuo Komoyon Corp One-for-three H leong Crop Ono-for-flvo MAA One-for-five Malayawata Ono-for-two Noel Gifts Ono-for-two PMI Ono-for-four SeAsun P Ono-for-two106 words
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Article1048 1996-12-21 16 Payment Cl 4at« Books close Pey date AVJennmgs H 1.25 Jan 8 Jan 14 Jan 29 AISB50C t> 3 Jan 2 Jan 7 Jan 29 Am steel 50C D 10 Jan 6 Jan 10 Jan 31 Amtek Eng 20C F 7.5TE Dec 3 Dec 9 Dec 20 Anteh1,048 words
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357 1996-12-21 17 Colin Tan - By Colin Tan MAINBOARD-LISTED Cerebos Pacific on Monday reported group net earnings grew 11 per cent to $102.15 million for the vear ended Sept 30 as its brand's Essence of Chicken health tonic continued to perform well in Asia. Cerebos. which357 words
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Article, Illustration713 1996-12-21 17 Jean Chia - By Jean Chia THE Fraser Neave (F&N) group’s full-year net profit came in broadly within expectations at $218.4 million, propped up by its profitable property projects rather than its mainstay food and beverage business. Net profit grew 18.2 per cent713 words
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Article142 1996-12-21 17 COUNTER RATES Singapore dollars to ona unit of foreign currency Buying OD Selling US dollar 1.3892 1.4051 Sterling pound 2.2945 2.3508 Australian dollar 1.0902 1.1245 Canadian dollar NZ dollar 1.0085 0.9689 1.0315 1.0020 1.7406 Singapore dollars to 100 units of foreign currency 12.4329 4.2609 22.6866 12.9833 4.4223 23.7021 Austrian142 words
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Article125 1996-12-21 17 Contract date: December 20 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USS 5 5 5 5 5s 4 s 24/12/% A$ 5 s 5s 5s 5s 5s 4S 24/12/% NZ$ 6H 6s 6s 6 s 6 s 6h 24/12/%125 words
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237 1996-12-21 17 Reuter. HONGKONG Asian business executives prefer Singapore to Hongkong as the best place to locate a regional headquarters, a magazine said last Friday. The Far East Economic Review poll found 73 per cent of 6.000 executives in 11 Asian countries said SingaReuter. - 237 words
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Article661 1996-12-21 17 Abtrust Fund Mf n Abtrust Spore G' Fd 0.958-1.008" Allied Phillip Mgt Asia Pacific Growth Fd 1 142-1.200 American Inti Aseur AIA Unit Linked Fund 1 027-1 082» AXA Life Fortress Fund 1021. Citicorp Invt Bank C«ti Global Bond Fd 1.035-1.045" Citt Asia InfrastructureFd 113—118" Credit Lyonnais Inf661 words
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Article8076 1996-12-21 18 1 INDUSTRIAL AND COMMERCIAL T ransaction Date: December *****6 1995 96 Curr Last Vol Day Gr’s Nat M CaoWt Ava High LOW Company Traded Sale +o r'000 High Low Div P/E Smil Price ASE NTS10 200 US 1000 900 ASF US$0 01 100 US 900 90.0 2148,076 words
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Article601 1996-12-21 20 Hongkong is No. 1, say think tank and Wall Street Journal Reuter, AFP. Kyodo. WASHINGTON Singapore has the second most liberalised economy in the world, with Hongkong ranked first, says a survey by the Heritage Foundation think tank and tne Wall Street Journal. The surveyReuter,; AFP.; Kyodo. - 601 words
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458 1996-12-21 20 JeanChia - By JeanChia SINGAPORE'S top 1,000 companies tended to be multinational corporations (MNCs) and listed conglomerates, according to a ranking exercise that hopes to be the local equivalent of the Fortune 500 ranking. The creme de la creme of Singapore's corporate community was oil458 words
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329 1996-12-21 20 THE Singapore Regional Index (SRI) Fund has raised $249 million at the end of its launch perr.xl on Wednesday, the largest amount to be achieved by any unit trust in Singapore, the six local banks which will manage the fund jointly said. More than329 words
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Article586 1996-12-21 20 RAYMOMD LEE - RAYMOMD LEE Top 50 Singapore-based companies according to: Turnover (FY1995) Company Sales ($m) 1. Caltex Trading Re Ltd 10,700.3 2 Singapore Airlines Ltd 6,555.9 3. Asia Matsushita Electric (S) Re Ltd 5,873.5 4. Hewlett-Packard Singapore Re Ltd 5,546.8 5 Texas Instruments Singapore Re Ltd 4,6209 6 Nissho586 words
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Page 21 Advertisements
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Advertisement942 1996-12-21 21 i /'l' r' 5 The Straits Times Weekly Edition Mi I > W/, x-;v xXx i x xx; x:vx x. mm fwm x :;X; assx-ixxxxx* sxß iiiii Si® SEMAaiGROUP Sema Croup Asia Pacific is a wholly owned subsidiary of Sema Croup in Europe. Our rapid expansion in Singapore has created942 words
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Page 22 Advertisements
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Advertisement1098 1996-12-21 22 a*@S *2*2 T *,l u- >.'N> s GETYOUR HANDS ON THE LATEST IN SYSTEMS ENGINEERING DESIGN WITH I OUR OVERSEAS 1 TRAINING p OPPORTUNITY BHriH W.fggMtp mf W-: ■'''«Sa&l iL| t M CSO has been set up by MINOEF to be the leading organisation that will provide effective and efficient1,098 words
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FORUM
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435 1996-12-21 23 PHILIP JEYARETNAM has moved from fiction to faction (Chia Shi Teck’s entry into politics poses dilemma for PAP. see this page). Any Singaporean, nominated MP or otherwise, is entitled to contest elections as a candidate. The PAP will field candidates in every constituencv.435 words
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202 1996-12-21 23 I REFER to the letter from Mr Chua Teck Keong, “Board should let public know why it chose to settle suit” (ST Weekly Edition, Dec 7). The writer has mixed up the civil case against Mr Lee Peng Siong with the202 words
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424 1996-12-21 23 Nominated MP scheme may be re-assessed MR CHERIAN George’s typically intelligent commentary in The Sunday Times, Dec 8. understates the significance of Mr Chia Shi Teck’s entry into electoral politics. The Nominated MP scheme was intended as a substitute for424 words
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Article, Illustration279 1996-12-21 23 Thank you, Singapore THE delegates to the World Trade Organisation (WTO) ministerial meeting held in your great country ended their meeting with a genuine sense of accomplishment. Much credit for the success of the meeting goes to WTO di-rector-general Renato Ruggiero279 words
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182 1996-12-21 23 WOW! As in disbelief, amazement. To think we have come to this. Soon, we will be plugging electrodes into our children just after thev are bom in the belief that we might be able to teach them subconsciouslv. Kids will always be182 words
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Page 23 Advertisements
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Advertisement127 1996-12-21 23 r Dear Readers, THE Straits Times welcomes letters from you. Your letters must include your signature, i full name, address and home and office telephone numbers. We do not acceDt for publication letters from writers who decline to give their names. I This rule will be waived only in very127 words
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Article, Illustration449 1996-12-21 24 Ravi Veloo - By Ravi Veloo THE Government has plans to build a new Light Rapid Transit line, called the North Shore Line, which will run from Woodlands to Pasir Ris and link up the coastal towns along the Johor Straits. Revealing this last Saturday,ADAM LEE - 449 words
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Article, Illustration561 1996-12-21 24 Jasbir Singh - T grew up in this house. I got married and raised my two daughters here.’ By Jasbir Singh THE run-down Mitre Hotel at Killiney Road has been home to Mr Chiam Heng Hsien for almost 50years. But the pre-war building must now561 words