The Straits Times : Weekly Overseas Edition, 16 August 1997

Microfilm: NL21075
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
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  • Title Section
    Masthead
    20 1 The Straits Times WEEKLY EDITION SATURDAY. AUGUST 16, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
    20 words
  • Article
    EDB to get tough with scholars who break bonds
    656 1  -  Those who do will have to pay back full cost By Jason Leow THK Economic Development Board has pledged to get tough with scholars who break their bonds, even as it launched its first batch of Singapore Inc scholarships on Wednesday.
    656 words
  • Article, Illustration
    Lock icon And the beak goes on...
    258 1 WHEN these birds sing, it is not just birdsong. They know all the words, even to songs like the Tony Bennett hit I Left My Heart In San Francisco, and the Malay ballad Rasa Sayang. Amazon parrots Charlie, Amigo, Melina and Paco can also mew
    Picture by LILLIAN FOO.  -  258 words
  • Article, Illustration
    Ex-TV actor on molest charge jumps bail
    322 1  -  By GinnieTeo FORMER television actor Tay Chin Seng, who is being accused of molesting his maid, on Wednesday failed to appear for a 9.30 am court hearing. The court waited five hours for him to turn up. Two notes instructing his wife to
    322 words
  • Page 1 Advertisements
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  • NEWS FOCUS
    • Article, Illustration
      Lock icon 5 underground levels for new Dhoby Ghaut station
      671 2  -  Office towers, LRT connection for MRTs biggest station By Karamjit Kaur THE Dhoby Ghaut interchange, with five underground levels, will be the biggest station in the entire MRT network, moving 20.000 people in an hour during peak periods This new station, to
      LEE CHEE CHEW HAVMOND LEE and STEPHANIE VEOW  -  671 words
    • Article, Illustration
      Members can now buy more NTUC FairPrice co-op shares
      403 2  -  By Yasmeen Hameed FROM Wednesday, eligible individuals can buy up to 1.000 NTUC Fair Price cooperative shares, up from the previous limit of 20 shares, while the ceiling of 5,000 shares for institutions has been lifted. Existing members can subscribe to
      403 words
    • Article, Illustration
      Lock icon NTUC studying idea of retirement villages for middle, higher-income
      741 3  -  By Jason Leow THE National Trades Union Congress (NTUC) is studying the idea of building retirement villages for middle- and higherincome senior citizens to lead independent lives. There was scope to build retirement homes for those with higher income, it noted,
      FABIAN CHAN MIN FAY  -  741 words
    • Article
      ‘Kidnapped’ engineer tries to dupe mum
      391 3  -  By Sharon Vasoo A WORKING mother believed her son was in trouble when she received a phonecall telling her he was being held for ransom in Malaysia. But when police arrested the "kidnappers”, she discovered that it was all a scam and her son,
      391 words
    • Article
      18% of S’poreans have considered emigrating but most rather live here
      835 3  -  By LeongChingChing ALMOST one in five Singaporeans have considered emigrating to another country, with the high cost of living and a stressful life here being the two most common reasons cited for doing so, a Straits Times survey has
      835 words
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  • HOME
    • Article, Illustration
      Lock icon Fandi sells baby’s story to magazine
      320 4  -  Footballer Fandi Ahmad and his model wife, Nur Sarah, formerly Wendy Jacobs, are the proud parents of the newly-born Irfan. But they will not be interviewed or photographed with the baby because of an exclusive agreement signed with a parenting magazine. The Straits Times
      Picture by GEORGE GASCON.  -  320 words
    • Article, Illustration
      IT’S FANDI’S RIGHT AND CHOICE
      368 4 “Of course someone’s going to be unhappy. But he has the right to do what he wants. There’s nothing wrong at all. It's the world we re living in. just capitalist thinking." Miss Carol Chan. 42. insurance agent. “It’s his baby, he can do what
      368 words
    • Article
      NO, IT‘S NOT FAIR TO FANS
      592 4 “He is already a millionaire, and has so much love from his fans, so why must he do this? What’s a few thousand dollars? Why put a dollar figure over his son. a gift from God? “He should be proud to share this news
      592 words
    • Article
      Jail for 'perfect father' who hurt his baby son
      433 4  -  By GinnieTeo A MOTHER of two wept in court on Tuesday after her husband was sentenced to nine months' jail for hurting their baby boy because the infant cried. Housewife Harinder Kaur, 33, described her husband, forklift driver Muthiah Supramaniam, as
      433 words
    • Article, Illustration
      Lock icon The Greatest Singapore Sale
      584 5  -  Business up by average of 25% in July, say retailers By Koh Boon Pin THIS year’s Great Singapore Sale was the best, with retailers reporting an average 25 per cent increase in business during the month long sale in July. The bulk of the buying was
      Picture by SAMUEL CHUA.  -  584 words
    • Article, Illustration
      Lock icon Connaught Drive to have $400,000 pedestrian mall
      345 5  -  By Karamjit Kaur STROLLERS can take in some sea air along a pink-tiled pedestrian mall on Connaught Drive bv January next year. The mall, five metres wide and 600 metres long, will also have ornamental and street lighting, lush greenery and benches on
      G CHANDRAOAS  -  345 words
    • Article
      Fashion fair 'one way to boost retail industry'
      168 5 SUGGESTIONS A FASHION fair was one way to boost the Singapore retail industry. said the president of the Singapore Retailers Association (SRA) on Tuesday. Such a trade exhibition would attract lead ing suppliers from fash ion capitals around the world as well
      168 words
    • Article
      Holiday Inn to be built in Tang Dynasty City
      457 6 THERE will be a Holiday Inn in Jurong and it will take the shape of a traditional Chinese inn when it opens in two years' time. The latest hotel in the American hospitality chain here, it will be located in a
      457 words
    • Article, Illustration
      Life sentence for uncle with history of mental disorders
      413 6  -  Boy smothered to death By Melissa Heng A LITTLE boy was taking his afternoon nap when his uncle came into the bedroom, placed a pillow on his face and smothered him to death. The uncle. Cyril Lim Boon Chong. 33. unemployed
      413 words
    • Article
      SingTel gets TAS warning letter over breakdowns
      369 7 THE Telecommunication Authority of Singapore (TAS) has warned, but not fined, SingTel over the recent intermittent Orchard Exchange breakdowns and the island-wide paging and mobile phone failures on July 5. TAS said it accepted that both incidents were not due to SingTel's negligence.
      369 words
    • Article
      Prices of COE may have hit peak
      546 7  -  Only those for small cars and the open category have gone up By Leong ChanTeik PRICES of Certificates of Enti tlernent seem to have hit a plateau after rising steeply for sev eral months, said some car distributors. Latest COE prices have dropped
      546 words
    • Article, Illustration
      Lock icon Grow grapes in Singapore? Hard work, but it’s possible
      361 8  -  By Geraldine Yeo WHILE others plant papa vas and mangos in their gardens. Mr Wong Yoon Sang. 51. went for something more exotic grapes. His year long labour of love and persistence bore fruit last month, when nine bunches of grapes
      Picture by WONG KWAI CHOW.  -  361 words
    • Article
      NKF chief, 5 members suing ex-volunteer for slander
      267 8  -  By Sharon Vasoo NATIONAL Kidney Founda tion's chief T.T. Durai and five other members are suing an exvolunteer for slander. Mr Archie Ong Liang Gay. 47, a director of Benchmark Real Estate, is alleged to have said that Mr Durai abused public
      267 words
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      148 5 MA in Asia Pacific Studies... The Strategic Advantage taught in Singapore, made available to the region via internet... It's all about having University of Leeds helicopter vision. Whether you're venturing into the region or merely exploring, j it pays to know. The widely-researched and well-received Master of Arts in Asia
      148 words
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  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      247 6 "Only iary Sf M H T? ypsZ V. z#* jk v' s£? Comes with a 1 Club membership and exciting benefits. DBS VISION Card is a uniquely designed ATM Card for full-time students at local and overseas tertiary institutions and junior colleges. With DBS VISION Card, you become a ‘V’
      247 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      179 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 ST
      179 words
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1115 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6155 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 The Front Page 1138 E Z Beat 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market
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  • SPORTS
    • Article
      S-League will comprise 10 teams next year
      603 9  -  S-LEAGUE SOCCER Four clubs to battle for two berths By Santokh Singh NEXT year’s S League will be a 10-team affair running from April 11 to Aug 8. With eight of the present nine teams as automatic qualifiers, the remaining two places will
      603 words
    • Article, Illustration
      Foo finishes in seventh spot of masters finals
      440 9  -  BOWLING By Peter Khoo LAHTI (Finland) The highrollers proved too hot in the end for Mervyn Foo. But the young Singaporean left the World Games stage on Sunday with his head held high, knowing that he had emerged from the Olympics of
      440 words
    • Article
      Four former champs to lead S’pore Open field
      374 9  -  GOLF By S. Murali FOUR former winners will lead the Asian, Australian and American challenges in the US$5OO,OOO (*****,000) Singtel Ericsson Singapore Open Golf Championship which started on Thursday. Australians Peter Fowler (who won in 1987) and Paul Moloney (1993), Myanmar’s Kyi
      374 words
    • Article
      S’pore skipper Fandi father of baby boy
      421 9 SINGAPORE’S favourite footballing son Fandi Ahmad became the father of a boy on Wednesday. The baby, who weighed 2.92 kg at birth, has been named Irfan. He is the couple’s first since their marriage last December. The national skipper’s wife, Nur Sarah Abdullah,
      421 words
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  • MALAYSIA
    • Article
      KL’s plan to delay some projects 'likely to boost confidence'
      758 10  -  By Ho Wah Foon in Kuala Lumpur ECONOMISTS on Wednesday hailed Malaysia's plan to delay the implementation of some non critical mega projects, saving this policy cnange would help boost investors' confidence in tne management of the economy. They said
      758 words
    • Article
      Muar residents stay clear of fish ‘that fed on corpses’
      371 10 MUAR (Johor) Residents in this district are staying away from eating fish and crabs. The reason: the marine creatures are said to have eaten some of the dead bodies of Indonesian immigrants who drowned in a sea tragedy last month.
      371 words
    • Article
      Vice syndicates bringing in Russian prostitutes
      538 10  -  Local rings working with counterparts in former Soviet Union By Brendan Pereira in Kuala Lumpur MALAYSIAN crime syndicates are working with their counter6 arts in the former Soviet nion to bring in women for the vice trade. These prostitutes from Russia and other former
      538 words
    • Article
      Work ID cards to speed up flow at Causeway checkpoints
      413 10  -  KL plans: By Ho Wah Foon in Kuala Lumpur SINGAPOREANS and Malaysians who have to commute between the two countries daily to work will soon be issued job identification cards so that they will not be held up at immigra
      413 words
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  • SOUTH-EAST ASIA
    • Article
      Crunch time for Thai govt officials
      529 11  -  Cabinet decree preaches frugality and rules out lavish ceremonies and parties By Edward Tang Thailand Correspondent BANGKOK Lavish state functions and parties, among other official excesses, will be a thing of the past under a new Cabinet decree which preaches frugality in the government.
      529 words
    • Article, Illustration
      Lock icon 'Godmother of Patpong' gets death
      508 11 Court finds Thai businesswoman guilty of killing hubby’s teen lover BANGKOK A Thai businesswoman known as the godmother of Patpong's red light district has been sentenced to death for the murder of a schoolgirl said to be her rival in love. A hysterical Suvibul Patpongpa'nich
      The Nation picture.  -  508 words
    • Article
      Indonesia to take back illegal workers in Malaysia in stages
      414 11  -  By Derwin Pereira in Jakarta INDONESIA and Malaysia have edged closer to resolving a long-standing problem of several thousand illegal Indonesian workers in Malaysia, with Jakarta agreeing to take them back in stages. “We are currently working out the ways
      414 words
    • Article
      Aid agencies devise rescue schemes for Mindanao folks
      334 11  -  By Nirmal Ghosh Philippines Correspondent MANILA A bevy of donors and multilateral agencies emerged from a meeting on Mindanao over the weekend with plans to set up investment funds as well as jump-start livelihood and infrastructure projects for the southern island, home
      334 words
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  • COMMENT / Pick of the week’s editorials
    • Article
      S’pore economy: Staying on top
      649 12 AUGUST 14 1997 SINGAPORE’S economic prospects for this year look good, indeed better' than expected, thanks to the credible performance of key industries in the second quarter. All sectors, except for business services, logged faster growth. After three consecutive quarters of decline, the manufacturing sector
      649 words
    • Article
      Cambodia’s dilemma
      701 12 AUGUS" 13.1997 CAMBODIA can be assured of formal inclusion in the Association of South-east Asian Nations <Asean) as soon as peace and stability have been restored, and the government in Phnom Penh is demonstrably in control of the entire country. That much is essential if a member nation
      701 words
    • Article
      Varsities: Making them world-class
      652 12 AUGUST 12.1997 FOR a small citv-state like Singapore. where labour is the most precious resource, everybody counts. More so when the very survival and prosperity of three million people depend upon staying on top of the neap. This being the basic premise, the graduate population, at
      652 words
    • Article, Illustration
      Lock icon Consider a Swat approach to dengue problem
      759 12  -  By Yeong Ah Seng A RECORD number of 215 people came down with dengue fever one week last month. The 1,700 reported cases of dengue fever in the first half of this year are more than double the figure for the same period
      0AR!0 NOCHE  -  759 words
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  • COMMENT/ANALYSIS
    • Article, Illustration
      Singapore a dream home? Let me count the ways
      1192 13  -  By Koh Buck Song SLOWLY but surely. Sin gapore is becoming a dream home. Aspect by aspect, the Government appears to have set about in the last few years to correct any thing hampering this from coming about. The trouble is.
      1,192 words
    • Article, Illustration
      Is NUS arts-science merger really needed?
      815 13  -  By Koh Buck Song IT WAS really no surprise that the idea which Deputy Prime Minister Tony Tail raised last month to merge the arts and science faculties of the National University of Singapore has met strong opposition. He had said in Parliament that
      815 words
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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  • MONEY
    • Article
      Local investors sell their foreign tranches
      399 16 Weekly share market review THE spectre of abolishing the dual listings of shares in Singapore took the local bourse by storm this week. Although the issue had been in debate since last week, the realignment of the value of the foreign and local tranches
      399 words
    • Article
      DAY-TO-DAY STOCK INDICES
      84 16 ST Industrials Index The Straits Times Industrials Index rose 9.88 points on the week to 1953.80. DAY CLOSE Tl RNOVER Monday 1893 86 (—50.06) 133.470 ($418 205m) Tuesday 1893.46 (-0.40) 106.691 ($287 094m) Wednesday 1875.38 (-18.08) 97.614 ($298.197m) Thursday 1891.77 (+16.39) 115.863 ($494.545m) Friday 1953.80 C62 03)
      84 words
    • Article
      CORPORATE RESULTS
      1416 16 Company ii Nat aarn TV LY ($m> ($m> EPS TV LV (eta) lets) AMDB* Jun 24 P ***** 33.484 7.8 5.7 AS Auto Jun 16 P ***** 7488 12.0 9.0 AIak Hldqs Jun 18 P 3836 2.534 128 8.45 ANA H0t»IS May IS F 3859 3 794 8.05
      1,416 words
    • Article
      COMPANY MEETINGS
      105 16 Pnrm Ltd c 201 KlppH »okJ (*****9) Aug T1 lO.OOim TIBS Htdgs E Tiuru* Am. Ord Floor Mirim M unarm Hotol 6 Riffles Blvd Mirim So (*****4) Aug H lO.OOun Tit 111 •ink E Conformed Room, Ml Cocit St «03-01 Tung Arm Assn Bldg (0*9541) Aug 12 W.OOim
      105 words
    • Article
      APPROVED ISSUES
      230 16 BONUS issue Company Ratio lx d«tt Books close Court* M Rtiourca* Orchard P One-for-two One-for-three Two-for-five Aug 6 Aug IS Jul 3 Aug 12 Aug 21 Jul 9 OTHERS Company Ratio C«date Ii ACC t Paymt DCB Hldg* Restricted offer for sale of up to 50.879,000 ordinary shares
      230 words
    • Article
      PROPOSED ISSUES
      168 16 Company Right Itaua AISB Thraa-for-fiva MS5.50 Amcol Ona-for-two <» $2.05 IPC Corpn Ona-for-fira <l> S0.30 inno-Pac Thraa-for-ona <f> $0.30 MUI Ona-for-two MJI.30 Nipparcraft Ona-for-four S0.28 PMI Thraa-tor-two MSl.OO Pub Bk F Ont-forfiva MS3.30 TIBS Ona-for-ona <S> $0.80 Company Bonus lisua Kamayan Corp Ona-for-threa H Royal Two-for-thraa Kian Ho
      168 words
    • Article
      DIVIDENDS ANNOUNCED
      736 16 Payment Cs date Books elate Pay date Ale» Hldg* 50« r> 6 Sep 18 Sep 24 Oct 8 AS Auto 0 15TE Sep 9 Sep 15 Sep 29 Aieen Fd 1 tOTE Aug 5 Aug 15 Aug 25 Asia Pac Ld t> l»1TE Sep 24 Sep 30 Oct
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    • Article, Illustration
      Lock icon Wing Tai can redevelop Cockpit on smaller scale
      480 17  -  By Kalpana Rashiwala WING Tai Holdings will be allowed to convert the Cockpit Hotel site into a commercial and residen tial development but the project will be at least 20 per cent smaller than it had hoped for. The lower allowance means
      RAYMOND LEE  -  480 words
    • Article
      CURRENCY
      148 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.5026 1.5278 Sterling pound 2 3693 2.4401 Australian dollar 1.0993 1.1399 Canadian dollar 1.0722 1.1024 NZ dollar 0.9487 0.9865 EC unit 1.6394 Singapore dollars to 100 units of foreign currency Austrian schilling 11.4022 11.9635
      148 words
    • Article
      Marco Polo gets nod to turn hotel into condo
      446 17 MARCO Polo Developments has obtained written permission to turn its 600-room Tannin Road hotel into a posh freehold condominium, but it said the timing of the redevelopment would depend on the state of the private housing market. “It is our intention
      446 words
    • Article
      ASIAN CURRENCY UNITS
      116 17 Contract date: Aug 15, 1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 5 5'. 5'. 5'. 5V.a 4>a 19/8/97 AS 4'/. A Vie 4y. t 4V 7 /> 4', 3 19/8/97 NZS 7'7', 7'. 7/> 7'. 19/8/97 STG 6»/*
      116 words
    • Article
      HONGKONG
      482 17 Aug 15.1997 HKS U ASM Pacific 7 30 ■0 650 Allied Ind Int'l 3 40 Allied Oversea 1 63 •0 06 Asia Sec Int 560 -0 15 Bank of EA 3130 -0 90 C P Pokphand 290 ■*•0 10 CDL Hotel 320 *0 10 Cafe De Coral 2 12
      482 words
    • Article
      UNIT TRUSTS
      958 17 Mgrs Prices, Aug 16 Aberdeen Asset M*t At a Ltd Aberdeen S'oo»f G r c jnd 053—1 107" American Inti Atsur A'A Unit L-nked r un<; (Spore! 1 071-1 138« A'A 'Jn*t Linked 1 und (Brunei) 0 950-1 000« AXAlift r O^W*^U*HJ 0961* Citicorp InvtBank C^G'oba 1 Bonded
      958 words
    • Article
      SES MAIN BOARD
      8738 18 INDUSTRIAL AND COMMERCIAL Transaction Date: Aug 15,1997 1997 Curr Last Vol Day Gr s Net M Cap Wt Avg High LOW Company Traded Sale or000 High LOW Div PE Smil Price 157 104 e ACE Dynamics60c ASE NTS10 200 US 106 •1 30 108 105 -10 7
      8,738 words
    • Article, Illustration
      Lock icon All but business services sector boost second-quarter growth
      721 20  -  Quarterly economic survey By Douglas Wong SINGAPORE'S better-than expected economic growth of 7.8 per cent in the second quarter was broad-based, with all sectors other than business services improving on their performances in the first three months of the year. Manufacturing output
      3 OANDRADAS; SOURCE: QUARTERLY ECONOMIC SURVEY  -  721 words
    • Article
      Jakarta-Singapore trade rebounds to hit record $11b
      254 20 SINGAPORE’S trade with Indonesia last year soared 21.3 per cent to an all-time high of US$7.4 billion <S$lO.9 billion), due largely to record exports by Indonesia. These exports grew 21.2 per cent to US$4.5 billion reversing the previous year's performance w'hen they fell
      254 words
    • Article
      Singapore office rentals 8th most expensive globally
      314 20 SINGAPORE’S office rents were the eighth most expensive in the world, according to an in ternational survey of 72 major city centres com pleted last month. Its total rental costs of US$BBB (551,319) per square metre < psm) sandwiched it between New Delhi
      314 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      1175 21 The Straits Times Weekly Edition 11*1 ***** 1*1! viviv’-i-xJ m m* Power your career with two of the world s fastest growing industries travel and IT Supported by 11 top Asian airlines, ABACUS plays an essential role in the world’s largest industry travel. ABACUS harnesses the power of information technology
      1,175 words
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      887 22 indeco CONSULTANTS Indeco Consultants Private Limited Architects Planners o Engineers Quantity Surveyors We are a large multi-discipline consultancy firm and are currently working on several major projects in Singapore. We are looking for the following suitably qualified staff with a high level of commitment to join our team. ARCHITECTS Recognised
      887 words
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  • Article, Illustration
    Lock icon Rainbow of joy
    869 24  -  Singapore turns 32 with a colourful display of sight and sound By Sharon Vasoo TWO proud moments stood out among many others at the National Day Parade last Saturday. The first was when about 60,000 people at the National Stadium, with hand on heart, stood and recited
    Picture by STEPHANIE YEOVV.  -  869 words
  • Article
    Parliament to sit on Aug 25
    79 24 PARLIAMENT will sit on Aug 25 at 12.30 pm, a statement from the Clerk of Parliament said on Tuesday. The House will debate Non-Constituency MP J. B. Jeyaretnam’s motion to form an All-Party Committee of Parliament to review any rise in the cost of
    79 words