The Straits Times : Weekly Overseas Edition, 6 September 1997
1997-09-06
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The Straits Times : Weekly Overseas Edition
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Title Section20 1997-09-06 1 The Straits Times WEEKLY EDITION SATURDAY, SEPTEMBER 6, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/9720 words
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847 1997-09-06 1 Jason Leow - BG Lee says standards should be kept at a feasible level By Jason Leow MORE students may be allowed to take Higher Chinese in secondary school, in a move to relax the present system which allows only the top 20 per cent847 words
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Article, Illustration463 1997-09-06 1 Lynn Seah - Cultural Medallion Awards By Lynn Seah A MALE impersonator and a children’s author are the two recipients of this year’s Cultural Medallion, Singapore’s highest arts award. Senior Minister of State for Education Peter Chen presented the awards last Friday to Miss Lou Mee VVah, 46,Picture by GEORGE GASCON. - 463 words
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347 1997-09-06 1 Brendan Pereira - By Brendan Pereira in Kuala Lumpur A DEFIANT Datuk Seri Dr Mahathir Mohamad said yesterday that he was nut admitting defeat to foreign manipulators and economic writers by delaying several mega-pro jects and lifting trading terms on 100 KLSE stocks. In the347 words
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Page 1 Advertisements
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Advertisement9 1997-09-06 1 Come home and work, PM urges Singaporeans: Page 49 words
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Advertisement11 1997-09-06 1 Planning a CAREER Move CHECK OUT Pages 21 22 8"*****1 *****611 words
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NEWS FOCUS
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471 1997-09-06 2 Tan Hsueh Yun - By Tan Hsueh Yun SINGAPOREANS will always have priority over foreigners, and the’ Government will invest heavily in its people and children. said Prime Minister Goh Chok Tong on Sunday. He said that rather than taking away jobs, foreign talent would create more471 words
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Article, Illustration454 1997-09-06 2 Rav Dhaliwal - New rule bans conversion in some areas By Rav Dhaliwal HOTELS in the downtown area and in Paya Lebar will have to remain hotels and cannot be converted to condominiums or other uses, following a new government ruling aimed at ensuring that there will be454 words
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386 1997-09-06 2 A DRUG syndicate operating in the Orchard Road area was smashed on Sunday with the arrest of its key members. The Central Narcotics Bureau (CNB) also seized 2.1 kg of heroin during the 10-hour operation codenamed Operation Eden. The gang’s runners would386 words
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Article, Illustration717 1997-09-06 3 Pang Gek Choo - Declaration seeks to balance freedom with responsibility By Pang Gek Choo A GROUP of eminent elder statesmen have drawn up a Universal Declaration of Human Responsibilities and called on tne United Nations and world leaders to adopt it in parallel with the Universal717 words
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712 1997-09-06 3 Sunny Goh - By Sunny Goh THE links between Hongkong and Singapore will strengthen not weaken in the coming years because of greater synergy between the economies of southern China and South-east Asia, Prime Minister Goh Chok Tong said on Thursday night. Dismissing critics712 words
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Article, Illustration537 1997-09-06 3 Lim Seng Jin - Case of Bangladeshi dumped in drain By Lim Seng Jin TWO men were jailed on Tuesday for their part in dumping an injured illegal worker in a drain and endangering his life. Soh Sey Yong, 40, and Koh Tiong Whatt, 38, were sentenced537 words
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HOME
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Article195 1997-09-06 4 Kwan Weng Kin - By Kwan Weng Kin Japan Correspondent TOKYO Prime Minister Goh Chok Tong urged Singaporeans living abroad to return home to work, so as to minimise the brain drain from the Republic. “I normally try to meet Singapore communities overseas to find out for myself195 words
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546 1997-09-06 4 Jason Tan - NSTB will target top researchers working abroad By Jason Tan THE National Science and Technology Board (NSTB) is drawing up a long term strategic plan to woo talented Singaporeans overseas to return home to work. It will be working closely with the Economic546 words
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Article, Illustration399 1997-09-06 4 Bringing in outstanding individuals, including Singaporeans who have settled overseas, will be good for Singapore, said the PM in his National Day Rally speech. Jason Tan speaks to three Singaporeans who have returned home to contribute here. HARVARD TRAINED Professor Shih Choon Fong. 51,Picture by ALBERT SIM. - 399 words
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Article, Illustration323 1997-09-06 4 SHE studied in Perth, Australia for 10 vears. but she never once thought of settling there for good Biotechnologist Angeline Lau, 28, (above) who returned here in April, said: “I felt foreign there, with no sense of belonging. All along. I knew that my323 words
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Article, Illustration313 1997-09-06 4 HE STUDIED and worked in the United States for 12 years, including a two-year stint as a scientist with the National Aeronautics and Space Administration (Nasa). But Mr Kuah Kah Eng, 36, is now back for good. "It’s great to be home after being awav313 words
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Article, Illustration313 1997-09-06 5 The Rest t Sim Kee Boon, Civil Aviation Authority of Singapore Fock Siew Wah, Land Transport Authority h Dr Yeo Ning Hong, Port of Singapore Authority Goh Chok Tong. People's Association Philip Yeo, Economic Development Board Wong Hung Khim, Jurong Town Corporation Lim Swee313 words
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747 1997-09-06 5 All but two of Singapore’s first Cabinet hailed from abroad, just as 12 of the 32 chairmen of statutory boards today are foreign-bom. Prime Minister Goh Chok Tong disclosed this in his National Day Rally speech. Pang Gek Choo of the Political747 words
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387 1997-09-06 5 Chua Mui Hoong - S pore welcomes Malaysia-lndonesia bridge By Chua Mui Hoong, in Tokyo SINGAPORE welcomes the construction of the proposed bridge linking Malaysia and Indonesia, as it will open up “physical and economic space” for Singapore, so long as it abides by international regulations allowing ships387 words
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Article, Illustration1071 1997-09-06 6 Zuraidah Ibrahim - By Zuraidah Ibrahim BANGLADESHI worker Mohamad Bashar, paralysed in a worksite accident and left to die in a monsoon drain, is waiting to go home to an uncertain future. "I don't know what I'm going to do."1,071 words
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Article261 1997-09-06 6 HE HAS given his heart to a girl named Sharmin, who lives one kilometre from his village, but Mohamad Bashar Joes not know if he will marry her. “Her parents now say she cannot marry me because of what happened. She still wants to many me, he said261 words
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Article, Illustration523 1997-09-06 6 Tan Ooi Boon - He says strong signal must be sent to trainees By Tan Ooi Boon A FULL-TIME national serviceman who shot dead a fellow cadet while playing with a machine gun failed in his bid to shorten his six-month523 words
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503 1997-09-06 7 ASK Dr Wendy Shieh when a marriage can land in trouble, and the family therapist says that the proverbial seven-year itch is history. “Some newlyweds I counsel, just registered but not yet living together, are already talking divorce,” she said on Tuesday.503 words
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Article, Illustration274 1997-09-06 7 AS SHE cooked meals for other families to raise enough money for her own to eat, she would sit her two toddlers on the floor beside her and teach them to read the Quran. Madam Sharifah Shaikha Ibrahim Alsree, widowed at 38 and without– BERITA HARIAN picture. - 274 words
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486 1997-09-06 8 Lim Li Hsien - By Lim Li Hsien PARENTS must spend less on their children upon divorce, said a High Court judge in a case where a woman wanted her ex-husband to pay her $3,000 a month to maintain their486 words
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Article, Illustration324 1997-09-06 8 DINOSAURS rule again no. not at the cinema box office, but at a prehistoric science exhibition on Sentosa. Eleven dinosaur exhibits from China are on displav outside the country for the first time at Dino World at the Asian Village. The exhibits are on loan from324 words
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Page 7 Advertisements
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Advertisement175 1997-09-06 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 ST175 words
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Page 8 Miscellaneous
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Miscellaneous1116 1997-09-06 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 Market1,116 words
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SPORTS
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Article, Illustration556 1997-09-06 9 S. Murali - Duo to leave next month for Jamaica GOLF By S. Murali SINGAPORE will be sending its strongest team for the World Cup golf championship pre-qualifiers next month in Jamaica. So said Singapore Professional Golfers Association president Phua Thin Kiay on the selection556 words
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Article, Illustration502 1997-09-06 9 Hakikat Rai - ATHLETICS Youngster picked for the SEA Games blue-ribbon event despite being ranked only eighth By Hakikat Rai SPRINTERS U K. Shyam and Yusof Alias will be Singapore’s representatives in the 100 metres the glamour track event of the 19tn South-east Asia Games in Jakarta502 words
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Article, Illustration540 1997-09-06 9 Thomas Koh - BOWLING Operation forces 3-time Sportswoman of the Year to skip Jakarta event By Thomas Koh THE adage that it never rains but it pours seems to hold par tieularly true for three-time Sportswoman of the Year Grace Young. The 34-year old has withdrawn from540 words
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MALAYSIA
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623 1997-09-06 10 Salim Osman - KL govt believes there is global syndicate out to destabilise regional economies By Salim Osman m Kuala Lumpur KUALA LUMPUR Deputy Prime Minister Datuk Seri Anwar Ibrahim on Thursday called on Malaysians to be rational in tackling the current gloom in the country's stock623 words
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Article, Illustration343 1997-09-06 10 Bernama. KUALA LI MPL R Malaysia wants to be first to use a rocket for cloud-seeding as it attempts to alleviate the current naze problem. Science. Technology and Environment Minister Datuk Law Hieng Ding said that the Cabinet met on Wednesday to discuss the– Bernama.; FOO MWEI WEN - 343 words
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330 1997-09-06 10 This will build character, discipline, says official attended the camp. Bernama. BACHOK (Kelantan) A ruling making it compulsory for all seconaary students to join uniformed units in their schools will be enforced next year, an Education Ministry official has said. The ministry’sattended the camp. Bernama. - 330 words
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286 1997-09-06 10 Bernama KUALA LUMPUR Malay sia’s Anti-Narcotics Depart ment has sealed properties worth almost M 517.5 million (559.4 million) in the last eight months, it was announced last Saturday. Department director Datuk Salleh Mat Som said that the properties belonging to drugBernama - 286 words
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210 1997-09-06 10 Brendan Pereira - By Brendan Pereira in Kuala Lumpur THE government does not preclude using the Internal Security Act to detain Malaysians who help foreigners manipulate the currency and stock market, said Dep uty Prime Minister Datuk Seri Anwar Ibra him. He pointed out210 words
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SOUTH-EAST ASIA
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322 1997-09-06 11 JOLO (Philippines) Asean finance ministers will meet in Bangkok later this month to discuss ways of dealing with a currency crisis, including setting up a regional fund to counter attacks bv currency speculators. Finance Secretary Roberto de Ocampo said the talks would include322 words
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401 1997-09-06 11 Nirmal Ghosh - By Nirmal Ghosh Philippines Correspondent MANILA Britain and the Philippine last Saturday signed what they said was a landmark agreement to cooperate in tracking, catching and prosecuting child abusers and rehabilitating victims of child abuse. Visiting British Foreign Secretary Robin Cook401 words
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Article, Illustration699 1997-09-06 11 Derwin Pereira - Rupiah crisis: Measures include export incentives, spending cuts By Derwin Pereira in Jakarta THE Indonesian government on Wednesday announced a 10 point rescue package, including export incentives and spending cuts, to maintain economic stability in the wake of the rupiah crisis. Finance Minister Marie Muhammad,699 words
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Article, Illustration410 1997-09-06 11 Susan Sim - By Susan Sim Indonesia Correspondent JAKARTA Street vendors will be given space alongside the mega malls and five-star ho tels in a 100-ha Indonesian ver sion of Singapore's Orchard Road launched here last Satur day. The 10 trillion rupiah (555.5 billion) Jalan Prof410 words
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COMMENT / Pick of the week’s editorials
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Article663 1997-09-06 12 SEPTEMBER 6 1997 OUT of the turbulence that has shaken South-east Asia’s financial markets these past three months, two brave decisions taken this week by the governments of Malaysia and Indonesia can. if followed through, steady nerves long enough to prevent currency depletions from damaging663 words
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Article690 1997-09-06 12 SEPTEMBER 4 1997 UNLIKE the pervasive haze in 1994 which trapped .Singapore in a suffocating day-long twilight, the island has so far been spared the worst of this year's seasonal nuisance Hoad and air visibility has not been impaired too badly, and those with respiratory690 words
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Article717 1997-09-06 12 SEPTEMBER 1.1997 GIVEN the level of the private rental market, Prime Minister Goh Chok Tong was entirely right to say in his National Day Rally speech that housing is a “key issue for foreigners working in Singapore". Indeed it is a key issue for everyone.717 words
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Article, Illustration890 1997-09-06 12 Sia Cheong Yew - By Sia Cheong Yew IS THE telephone still one of the most useful communication tools invented? In Alexander Graham Bell's time, this was indisputably true. However, with the advent of other forms of communication and more sophisticated technology, the telephone may not necessarily890 words
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COMMENT/ANALYSIS
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Article, Illustration1152 1997-09-06 13 CHERIAN GEORGE - My View CHERIAN GEORGE IN KEEPING with an underground but well-known tradition, the Prime Minister's National Day Rally Speech was greeted with the odd wisecrack here and there. One Singaporean’s wicked remark went like this: “Government wants Singapore to open up to foreigners* Sure,LUDWIG ILIO - 1,152 words
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1071 1997-09-06 13 TanSaiSiong - By TanSaiSiong LAST year, at the local OxfordCambridge alumni dinner to mark the two universities’ traditional boat race, I met an English policeman from the Singapore Police Force. I was surprised to find that the 22-year-old Cambridge graduate, a foreigner, was a senior1,071 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, Illustration2226 1997-09-06 14 Singapore becomes a global, cosmopolitan city drawing talents from around the world, what will happen to the distinction between citizens and non-citizens? Ravi Veloo examines the implications. THE Merlion at the harbour front may soon rival America’s Statue ofDARIO NOCHF - 2,226 words
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Article, Illustration1199 1997-09-06 15 Interview INSIGHT: How did your children cope with the learning of the Chinese language? Professor Wee Chow Hou: I have a son now in the second year of junior college and a daughter in Secondary 4. So I1,199 words
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Article, Illustration1327 1997-09-06 15 Han Fook Kwang - Thinking Aloud Han Fook Kwang 1 REMEMBER meeting my first foreigner 26 years ago ayoung woman teacher from England who taught A-lev-el mathematics in my pre-uni-versity class. I was 17 then but had not met any white or, for that matter, black person1,327 words
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MONEY
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470 1997-09-06 16 Weekly share market review THE fate of the local bourse was closely tied to the depressed Malaysian market for the week, as worries about the regional economies and currencies continued to plague investor senti ment. For the week, the bench mark Straits470 words
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Article1511 1997-09-06 16 Company Date ann Net eern TV LY ($m) ($m> EPS TY LY lets) lets) ASN-Amro!! Aug 21 1 1,946 1.602 142 ;20 ACt Dynamics Aug IB 1 0 546 0.907 L 0.67 Acer Auq 15 1 17.802 14 689 108 8.87 Apollo Aug 21 1 0978L 2 3981,511 words
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Article128 1997-09-06 16 informatics A Informatics Bldg 5 International Business Park (*****41 Sep 2 tO.OOam Advanced Systems A 1 e 65A Jin Tenteram #04-08 St Michael's indl Estate (*****8) Sep 3 10.00 am Pengfcalen Inv A t> E 59 jm Pemimpm #02-09 (*****8) Sep 5 11.00am Diversified Res A Concorde I128 words
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Article302 1997-09-06 16 RIGHTS ISSUE E«Books Company Ratio date close MUI Two-for-five Sep 10 Sep 16 NYA MUI Prop Three-for-five Sep 4 Sep 10 NVA TIBS M One-tor-one Sep 2 Sep 8 NYA BONUS ISSUE E«Books Company Ratio date dote Pac Andes One-tor-tour Sep 17 Sep 23 VTL Corpn A One-tor-two302 words
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Article114 1997-09-06 16 Company Rights Issue AISB Amcol IPC Corpn Inno-Pac Ntppercraft PMI Pub Bk F Southern Bk Three-for-tive <#> M$5.50 One-for-two $2.05 One-for-five 0> $0.30 One-for-one <® $0.30 One-for-four <*> $0.28 Three-for-two M$l.00 Ona-for-flve V MS3.30 One-for-two a* M$2 SO Company Bonus Issue Kemayan Corp One-for-three m Royal Two-for-three Kian114 words
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Article88 1997-09-06 16 ST Industrials Index The Straits Times Industrials Index rose 78.42 points on the week to 1884.06. DAY CLOSE TURNOVER Monday 1 786 44 1 19 20) 204.542 ($615.323m) Tuesday 1796 24 9.80) 211.966 ($488.517m) Wednesday 1820.18 (+23.94) 188.154 ($462.028m) Thursday 1826.61 6 43) 245.097 <$577.710m) Friday 188488 words
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Article1059 1997-09-06 16 Payment <%> Cx data Books dote Pay date ABN Amro NLG1.25 1 42 4a NVA NVA Sep 19 Alex Mldqi 50« b 6 Sep 18 Sep 24 Oct 8 AS Auto b 15TE Sep 9 Sep 15 Sep 29 Asia Pac Ld b H1TC Sep 24 Sep 301,059 words
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671 1997-09-06 17 Narendra Aggarwal - By Narendra Aggarwal CHINA has emerged as the fastest-growing market for Singapore’s domestic exports this year. Shipments of Made in-Sin gapore goods to the mainland rose by a hefty 50 per cent to $1.37 billion in the first seven months of this year over671 words
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385 1997-09-06 17 Douglas Wong - By Douglas Wong EIGHT new electronics tenants sealed $99.6 million in investments at the Sin-gapore-developed Bintan Industrial Estate (BIE) on Tuesday, marking the park’s move into higher value-added activities. “This will substantially increase export earnings from BIE. which had originally been targeted at385 words
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Article145 1997-09-06 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit 1.5011 2.3580 1.0857 1.0763 0.9391 1.5263 2.4285 1 1259 1.1066 0.9765 1.6560 Singapore dollars to 100 units of foreign currency Austrian schilling 11-5333 Belgian145 words
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Article127 1997-09-06 17 Contract date: Sept 5, 1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 57,6 5'. 57,6 5 A/,. 09/9/97 AS 4 1 4'. 4 4 4s 3 s 09/9/97 NZS 77. 77. 7 s 77, 77,6 6'7,6 09/9/97 STG 67,6127 words
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Article131 1997-09-06 17 STOCKBROKER Kim Eng Holdings is proposing a $lOO million bond issue to finance further regional investments, particularly in its Malaysian and Indonesian associates. It said the proceeds would pay for an increase in its equity interest in Penang-based stockbroker Ke-Zan Holdings, to subscribe for a131 words
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Article504 1997-09-06 17 Sept 5.1997 HK* ASM Pacific 650 •0 300 Allied ind Irrt'l 3.23 *0 05 Allied Oversea 1 63 -0 08 Asia Sec int 4 25 0 30 Bank of EA 2720 *0 50 C P Pokphand 2 36 *0 12 CDL Hotel 2 90 -0 10 Cafe De Coral504 words
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Article938 1997-09-06 17 Aberdeen Asset Mr Av a Ltd Ah** riff n DOrf O' fund 1 018-1 071" American Inti Assur AiA Unit l un<J(SDO»f o 967 1 0!8i A.A l'M Linked r, jnd (Brunei) 0 781—0 823* AXA Life Assjfffl G' l d 0 965-1 000» BaianredG ,f d 0950—1938 words
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Article8824 1997-09-06 18 INDUSTRIAL AND COMMERCIAL Transaction Date: Sept 5,1997 1997 Curr Last Vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale OT000 High Low Div P/E Smil Price tS7 83 e ACE Dynamic s60c ASE NT*10 200 US 45 5 -1.5 159 86 84 868,824 words
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625 1997-09-06 20 Chua Mui Hoong - sy Chua Mui Hoong in Tokyo JAPAN-SINGAPORE ties took a step forward last Friday with the launcn of a joint business council and a decision to develop a new initiative to cooperate in research and development. Prime Minister Goh Chok Tong, who was on a625 words
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Article, Illustration639 1997-09-06 20 Tammy Tan - By Tammy Tan MR NG Kai Wa. who parted ways with co-founder Sim Wong Hoo at Creative Tech nology in 1995. hopes his new company. Innomedia Pte Ltd. will oe an even greater success in three years' timePicture by ALBERT SIM. - 639 words
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517 1997-09-06 20 Kalpana Rashiwala - By Kalpana Rashiwala THE Imperial Hotel, which falls outside the areas safeguarded recently for hotel sites, has received the authorities' green light for redevelopment into a 14-sto-rey condominium but its owners will have to contend with a smaller development than they had517 words
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Page 21 Advertisements
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Advertisement1047 1997-09-06 21 :i,r m The Straits Times W eeklv Edition lllp mm NATIONAL SCIENCE TECHNOLOGY BOARD NSTB's mission is to develop Singapore's capabilities in science and technology to support selected industrial and services sectors to enhance Singapore’s national competitiveness. Share in our mission by joining our organisation and establish your career in1,047 words
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Page 22 Advertisements
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Advertisement980 1997-09-06 22 We invest in THE BEST. SO SHOULD YOU. areer decisions should be made prudently because they determine your long-term future. When you join us, the Government of Singapore Investment Corporation PteLtd (GlC),you are making a prudent decision which gives you good long-term returns. We are the largest global fund management980 words
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FORUM
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948 1997-09-06 23 On Singapore going more cosmopolitan I REFER to the article by Mr Cherian George, “Going cosmopolitan will test Singapore’s nationhood” (see paqe 13). Since the Prime Minister’s National Day Rally speech. I sense that the media is testing Singaporeans for a948 words
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Article, Illustration682 1997-09-06 23 THE dust of the Hungry Ghost Festival has just settled. The more literary-minded Chinese will prefer to call it either the /hong Yuan Festival or the Yulanpen Festival. Strictly speaking, the /hong Yuan Festival is observed bv Taoists, and the682 words
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380 1997-09-06 23 THERE has been much discussion recently on the need to attract foreign talent to Singapore. I agree that foreign talent is needed to help Singapore stay ahead in the highly-competitive global economic race. Certain sectors of the economy, such as engineering K&D.380 words
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Page 24 Advertisements
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Advertisement921 1997-09-06 24 FROM THE GOVERNMENT MORE BONUSES TO BUILD UP YOUR MEDISAVE UP TO TO BOOST YOUR Eligible Singaporeans can look forward to another healthy boost to their Medisave Accounts. As the economy had done well, the government will share its surpluses in two top-up schemes in October 1997 and January 1998.921 words
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