The Straits Times : Weekly Overseas Edition, 20 September 1997
1997-09-20
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The Straits Times : Weekly Overseas Edition
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Title Section20 1997-09-20 1 The Straits Times WEEKLY EDITION SATURDAY, SEPTEMBER 20, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/9720 words
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816 1997-09-20 1 Warren Fernandez - Currency crisis will not affect long-term growth By Warren Fernandez in Chicago F*RIME Minister Goh Chok Tong has said he is confident Asean countries will recover from the recent currency turmoil in about two years, adding they would learn from the816 words
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Article, Illustration428 1997-09-20 1 Braema Mathi - By Braema Mathi BOYS’ TOWN is home to Harry Mealin so it was natural for him to invite his relatives and friends home for dinner. Only it was no ordinary- dinner but his wedding dinner for 150 guests. His wedding was a first for thePicture bv LAU FOOK KONG. - 428 words
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Page 1 Advertisements
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Advertisement7 1997-09-20 1 ENV unveils haze action plan: Page 247 words
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Advertisement11 1997-09-20 1 Planning a CAREER Move CHECK OUT Pages 21 22 *****6, .18LZ8811 words
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NEWS FOCUS
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Article, Illustration568 1997-09-20 2 Siti Andrianie - Singapore retiree is suitable donor for 2-year-old By Siti Andrianie THERESA Radde-Stepaniak boarded her flight for the United States on Wednesday, holding in her hands, quite'literallv, the life of a two-year-old Soy. Mrs Radde-Stepaniak. an assistant director with■ Shin Min and Lianhe Wanbao pictures. - 568 words
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534 1997-09-20 2 Lillian Foo - Oil companies agree to stop selling leaded petrol; two grades of unleaded offered instead By Lillian Foo FROM next July, only unleaded petrol will be sold at petrol stations here. In response to questions from The Straits Times, the Environment Ministry (ENV)534 words
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Article, Illustration403 1997-09-20 3 SENIOR Minister Lee Kuan Yew was presented with the first copy of a new book on him by the authors on Tuesday, on h'is 74th birthday. Two of the authors, Straits Times journalists Han Fook Kwang and Sumiko Tan, met him atPicture by GEORGE GASCON - 403 words
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342 1997-09-20 3 Leslie Koh - By Leslie Koh THE foreign worker dependency ceiling for the services sector will be raised from 25 to 30 per cent from Oct 1. This means that companies in the sector will be able to recruit up to three foreign workers for every seven342 words
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529 1997-09-20 3 Leong Ching Ching - Why Singapore needs foreigners By Leong Ching Ching SINGAPORE needs more foreigners to sustain economic growth as it cannot produce enough people for the workforce each year, said Home Affairs Minister Wong Kan Seng. Speaking to The Straits Times last week, he529 words
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HOME
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467 1997-09-20 4 Leong Chan Teik and; Siti Andrianie - By Leong Chan Teik and Siti Andrianie ABOUT 400 motorists had an Electronic Road Pricing (ERP) gadget fitted to their vehicles on Monday, the first day of installation, the Land Transport Authority estimated. There was no rush at the 140467 words
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Article189 1997-09-20 4 THE Land Transport Authority said it does not require vehicle distributors to fix ERP gadgets in vehicles of makes other than those that they sell. This is because motorists have a wide choice of over 140 centres commissioned islandwide to do the job, said its manager for road189 words
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Article, Illustration432 1997-09-20 4 Road taxes are going to be overhauled, the Government announced last week. The “PCU” will replace engine capacity and other measures in deciding how much each type of vehicle must pay. A closer look: What is PCU? PCU stands for ‘passenger-car unit’. It is a wayGraphics By FOO HWfi WEN; Research by LEONG CHAN TEIK - 432 words
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396 1997-09-20 4 Lim Seng Jin - By Lim Seng Jin FOUR Thai construction work ers who burnt a dog while it was still alive because they wanted to eat it were each jailed for two months last Thursday. The animal had to be put to sleep because of the396 words
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604 1997-09-20 5 Geraldine Yeo - Two medical techniques will be tried out By Geraldine Yeo DIABETIC men who have a problem getting an erection will have more nelp available by the end of the year, through two new medical developments. One is the Medicated Urethral System for604 words
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Article, Illustration534 1997-09-20 5 David Miller - Large quantities of controlled poison seized By David Miller SOME stablehands and track riders working at the Singapore Turf Club have been using their rented quarters in Bukit Timah as a drug den. The Central Narcotics Bureau (CNB),File picture. - 534 words
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160 1997-09-20 5 UNDERGRADUATES at the National University of Singapore (NUS) now have their own motoring club, possibly the first in a tertiary institution here. The NUS Motoring Club was launched on Tuesday by Mr Gerard Ee, president of the Automobile Association of Singa pore. Club president160 words
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Article, Illustration378 1997-09-20 6 NUS convocation FOR the first time on Tuesday. National University of Singapore (Nl'S) graduates were given the chance to thank their lecturers, tutors and parents publicly for their support. The university introduced the valedictory speech to end each convocation ceremony. It will boPicture by TERENCE TAN. - 378 words
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512 1997-09-20 6 Geraldine Yeo - By Geraldine Yeo WANTED: More top students for the Science faculty of the National I'niversitv of*Singapore <NUS>. Now just over 100 of the faculty's yearly intake of 1.500 students. or 7 per cent, have scored three or four As in their A-level512 words
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443 1997-09-20 6 He worked in temple and claimed to be able to treat them A TEMPLE worker tricked a woman and her daughter into believing that he was a medium, and then molested each of them in turn. Mother and daughter had sought Lee Keng Soon.443 words
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305 1997-09-20 6 THE increase in expatriates' living costs was only a quarter of that experienced’ by singaporeans in the 12 months to May this year, a new study has shown. The latest Expatriate Consumer Price Index (ECPI). com piled by the Singapore International ‘Chamber305 words
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Article, Illustration480 1997-09-20 7 Rav Dhaliwal - By Rav Dhaliwal BUSKING will soon be allowed again in Singapore. The National Arts Council (NAC) and the authorities are finalising a plan to allow buskers to perform here. The Straits Times learnt that buskers will have to comply with certain conditions480 words
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348 1997-09-20 7 FROM Oct 1, all patients who receive treatment at the Accident and Emergency Deparments of public hospitals will pay a new flat fee of between $5O and $7O. This increased fee brings A&E charges in public hospitals closer to those in private348 words
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393 1997-09-20 8 Dorothy Ho - Work out and keep fit in CIubFITT programme By Dorothy Ho FIT for life. For Singapore's only Olympic medallist. Tan Howĕ Liang, this has been his creed for more than 40 years. Last Saturday, the 64-year-old. who won a weightlifting silver medal in393 words
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Article, Illustration224 1997-09-20 8 Lillian Foo - Picture and story by Lillian Foo MORE than 260 Singapore MRT staff and their family members went on a charity walk in an MRT tunnel in the early hours of Sunday. They trekked from the Or chard station to City Hall224 words
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Page 5 Advertisements
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Advertisement231 1997-09-20 5 t GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION I Leeds was rated 7th in research power amongst the UK's top universities in the recent Research Assessment Exercise of the UK’s 191 institutions. The Master of Arts in Asia Pacific Studies taught in Singapore, made available to the region231 words
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Page 7 Advertisements
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Advertisement178 1997-09-20 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 ST178 words
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Page 8 Miscellaneous
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Miscellaneous1117 1997-09-20 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 Mar1,117 words
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SPORTS
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Article, Illustration753 1997-09-20 9 Santokh Singh - NS As predict a bigger golden harvest this time SEA GAMES 1997, OCTOBER 11-19, JAKARTA By Santokh Singh TWENTY-SIX golds for Singapore at next month’s Southeast Asia Games will satisfy its chef-de-mission Dr Tan Eng Liang. But was Dr Tan playing it safe when he said:JALEHA HASHIM - 753 words
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466 1997-09-20 9 Joe Dorai - Fifa tells Marine Castle to pay former Leeds United consultant Hudson six months’ pay for breach of contract SOCCER By Joe Dorai GEOFFREY HUDSON will receive a $36,000 cheque from Marine Castle, even though the English coach has yet to step466 words
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MALAYSIA
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475 1997-09-20 10 NST, Bemama KUALA LUMPUR In a move to curb the outflow of foreign exchange, the Malaysian government on Wednesday said that it would seek the cooperation of manufacturers here to use domestic ports and airports when importing their cargo. Transport Minister Datuk SeriNST,; Bemama - 475 words
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Article179 1997-09-20 10 AFP. Bemama KUALA LUMPUR The government will discourage Malaysians from going overseas for their holidays as part of efforts to reduce the country’s current-account deficit, a minister said yesterday. The move was agreed at a weekly Cabinet meeting but no travel restrictions have been plannedAFP.; Bemama - 179 words
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Article, Illustration650 1997-09-20 10 HIGHWAY TRAGEDY AFTER AIRPORT SEND-OFF NST. Student returns home, the sole survivor IPOH One day after her parents and sisters sent her off to London for further studies. Yong Hiew Leng. 20. found herself back home again, and the only oneNST.; – The Star picture. - 650 words
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372 1997-09-20 10 Ho Wah Foon - By Ho Wah Foon, in Kuala Lumpur MALAYSIA’S move to delay major government projects would not affect its high-tech-nology Multimedia Super Corridor as a lot of work on it would be undertaken by the private sector. Prime Minister Datuk Seri Dr Mahathir Mohamad372 words
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SOUTH-EAST ASIA
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482 1997-09-20 11 Response to currency and market upheavals Reuter. JAKARTA Indonesia announced deep, wide-ranging spending cuts and delays in major projects yesterday to help cope with currency and sharemarket upheavals. Finance Minister Mar’ie Muhammad told a parliamentary commission that projects worth 39 trillion rupiah (Ss2o billion)Reuter. - 482 words
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243 1997-09-20 11 JAKARTA The Indonesian government, concerned with the growing number of foreign workers here and the need to protect the local labour force, is drawing up plans to adopt a non-tariff barrier to shut expatriates out of the country, said Manpower Minister Abdul243 words
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Article, Illustration59 1997-09-20 11 NO CROCODILE FEARS: For Mr Tongsamai Palaren, looking down a crocodile’s throat is all part of a day’s work. His act is part of a show held daily at the Crocodile Farm in Samut Prakarn, on the outskirts of Bangkok. The farm is one of the world’sReuter picture - 59 words
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329 1997-09-20 11 Nirmal Ghosh - By Nirmal Ghosh Philippines Correspondent MANILA Former President Corazon Aquino said on Tuesday that she was not personally convinced that President Fidel Ramos was manoeuvring to stay in power, but an opposition rally tomorrow was designed to "keep alive the spirit329 words
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Article, Illustration323 1997-09-20 11 Former Thai convicts cut record to help jailbirds AFP. BANGKOK Four decades af ter Elvis Presley rocked the jailhouse, a group of Thai ex-con-victs are following in the legend’s footsteps. Taking the King’s momen tous Jailhouse Rock as their lead, seven former prisoners who formed their band behindAFP.; AFP picture - 323 words
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COMMENT / Pick of the week’s editorials
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Article658 1997-09-20 12 SEPTEMBER 20.1997 WITH Sarawak in a state of emergency and Thursday night s air pollution index in Singapore recording its highest of 226 so far this year, the haze is now properly an issue of public health menace as well as an eco nomic liability. An658 words
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Article697 1997-09-20 12 SEPTEMBER 19 1997 NOT only bankrupts will be happy with the amendment to the law which makes it possible for those who owe less than $250,000. and who have been bankrupt for more than five years, to be discharged earlier. This more than doubles the current697 words
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Article667 1997-09-20 12 SEPTEMBER 17 1997 ALMOST without exception. Japan's establishment press has castigated Prime Minister Rvutaro Hashimoto for including in his new Cabinet last week a man who had been given a suspended sentence for receiving a pay-off from All Nippon Airways when he was the most senior667 words
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Article, Illustration733 1997-09-20 12 Yeong Ah Seng - By Yeong Ah Seng THE review of road taxes, in preparation for implementation of Electronic Road Pricing (ERP), should hopefully resolve the contentious issue of what is an equitable tax for owning a vehicle. Given Singaporeans’ fondness for733 words
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COMMENT/ANALYSIS
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Article, Illustration915 1997-09-20 13 KOH BUCK SONG - My view KOH BUCK SONG LAST week, no one can say the Government does not put its money where its mouth is. Anyone with a bright idea on how to improve public service now stands to win $5OO to $3,000LUDWIG ILIO - 915 words
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1050 1997-09-20 13 Tan Sai Siong - By Tan Sai Siong WHEN Singapore celebrated its 32nd anniversary as an independent nation last month, many took tne occasion as an opportune moment for some soul-searching. Led bv a three-part supplement on The Good Life published by The Straits Times, talking points1,050 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, Illustration1953 1997-09-20 14 Proposed Universal Declaration of Human Responsibilities A document spelling out the responsibilities of people, governments and business has been drafted for adoption by the United Nations. How will the proposed Universal Declaration of Human Responsibilities jell with the 1948 Universal Declaration of HumanNOEL ROSALES - 1,953 words
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Article, Illustration1186 1997-09-20 15 Interview The Prime Minister’s call to welcome foreign talents has sparked off much public reaction. Why does the island need more when there are already 560,000 foreigners here? Will they take away opportunities for Singaporeans? And what will happen when1,186 words
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Article, Illustration1056 1997-09-20 15 Asad Latif - Thinking aloud Asad Latif THE increased inflow of foreign talent has become the issue of the day. Some Singaporeans have expressed concern over its implications for social cohesion and na-tion-building in a young country. Several foreigners nave delivered a robust response defending their contribution to1,056 words
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MONEY
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374 1997-09-20 16 Weekly share market review POOH corporate earnings and worries over regional economies capped further recovery on the local bourse this week. After a recent lull, regional currencies weakened against the US dollar prompting further falls in the stock markets. Investors were also374 words
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Article80 1997-09-20 16 ST Industrials Index The Straits Times Industrials Index dropped 41.22 points on the week to 1894.73. DAY CLOSE TURNOVER Monday 1932.10 3.85) 92.733 ($200.727m) Tuesday 1920.60 (-11.50) 106.123 ($236.210m) Wednesday 1910.24 (-10.36) 124 686 ($274.114m) Thursday 1896.09 (-14.15) 159.562 ($319.180m) Friday 1894.73 1.36) 154.627 ($334.61 lm) BT—80 words
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Article915 1997-09-20 16 Company Oat# *nn Nat aarn TV LV <Sm) (Sm) EPS TV LV (eta) (eta) A8N-Amro!t Aug 2t 1,946 1.602 142 120 ACE Dynamic» Aug 18 1 0.546 0.907L 0.67 Acar Aug 15 1 17.802 14.689 10 8 8.87 Amstaal* Aug 26 P 134.366 127 956 10.7 10.5 Apollo915 words
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Article426 1997-09-20 16 RIGHTS ISSUC Company Rati* Ex* Books data close TIBS H Ona-for-on* 9 $0.80 Sap 2 Sap 8 Sap 29 MUI Prop Tlwaa-for-flv* M$100 Sap 4 Sap 10 NY A IPC Corpn Ona-for-fiv* S0.30 Sap 9 Sap 15 NYA MUI Two-tor-hv* M$t.30 Sap 10 Sap 16 NYA BONUS ISSUE426 words
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Article1182 1997-09-20 16 Payment <H> C* date Book* close Pay date AMDB 50« b 5 Oct 2 Oct 8 Oct 24 ABN Amro NLGL25 1 42.4a NYA NYA Sep 19 Alti Hldg» 50« b 6 Sep 18 Sep 24 Oct 8 AS Auto b 15TE Sep 9 Sep 15 Sep 291,182 words
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Article152 1997-09-20 16 Bonvttts Hldgs E Board Pm, 541 Orchard »d, «6-00 Liat Tows (*****1) Sep 15 10.00am CP Batter tas A The Rltz-Carlton Mitlenia Singapore Mitlema 1, Laval 2 7 Rattles Ave (*****9) Sep 15 11.00am Aleaandra Hldqs A 13« Cecil St «15-00 Cecil Court (*****8) Sap 15 12.00nn Pacific152 words
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Article34 1997-09-20 16 Company Rights Istuo AiSB Throo-ta-fwo M$5.50 Amcol Ono-for-two $2.05 (PC Corpn Ono-for-fivo 9 S0.30 lnn©-P*c Ono-lor-one 9 $0.30 Nlpporcrsft Ono-for-four 9 $0.28 PM! Throo-for two 9 M$t.00 Southorn Bk Ono-for-two 9 M$2.5034 words
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Article, Illustration463 1997-09-20 17 Sim Wai Chew - First four berths at s7b Pasir Panjang terminal ready next year By Sim Wai Chew THK Port of Singapore Authority (PSA) will be corporatised oh the first of next month and will be listed eventually on the stockLianhc Zaobao picture. - 463 words
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283 1997-09-20 17 GOVERNMENT investment arm Temasek Holdings will contribute US$5O million to a USSIOO million (SSISO million) direct investment fund for southern Africa, and private sector companies like DBS Bank. Hotel Properties and Vickers Balias would contribute the other half. “This fund will283 words
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Article176 1997-09-20 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dolia' 1 5083 1 5326 Sterling pour'd ***** ***** Australian floliar 1 0688 1 1077 Canadian dollar 1.0759 1.1055 NZ dollar 0 9422 ***** EC unit 1 6991 Singapore dollars to 100 units of foreign176 words
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Article105 1997-09-20 17 Contract date: Sept 19,1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 5 57,« 5 1 5'sv,, 4 23/9/97 AS 4'. 4 4 3« 3% 3'23/9/97 N2S 7V„ TU 6 6 6 6 239/97 STG 6 6v. 6' 6% 6'<105 words
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141 1997-09-20 17 TELECOM Equipment <TE) ha*s entered into a joint venture with Mesiniaga Berhad of Malaysia to become a major telecommunications equipment supplier across the Causeway. The new company. VA DynanV ics Sdn Bhd, has an initial paidup capital of Msl million (S$511,000), and will distribute141 words
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Article493 1997-09-20 17 Sept 19,1997 HK* ASM Pacific 6 75 0.050 Allied Ind lot 1 342 unch Allied Oversea 1 87 0 06 Asia Sec In! 4 33 -0 17 Bank of EA 27.20 -0 25 C P Pokphand 2 52 002 CDL Hotel 2 75 unch Cafe De Coral 2 15493 words
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Article930 1997-09-20 17 Aberdeen Asset Mqt Asia ltd Ape'deen Spore G'F urd 1 03»— 1 09’" AIB Govett (Asia) ltd (Formerly John Cover? Asa Jd' Govet? Asu Pachc Growth ce 1 43—' 20’ Govet* Glob» 1 Brands c i 0 934-0 96' American Inti Assu' A'A Unit linked Fd (Spore 000-1930 words
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Article8732 1997-09-20 18 INDUSTRIAL ANP COMMERCIAL Transaction Date: Sect 19.1997 J 1997 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale •for000 High Low Div P/E $mil Price 157 82 e ACE Dynamics60c ASE NTJ10 200 US 82 -05 20 83 82 -83 6728,732 words
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Article, Illustration610 1997-09-20 20 Sim Wai Chew - By Sim Wai Chew THE Port of Singapore Authority's proposed redevelopment of Mantime Sauare, on which the landmark World Trade Centre (WTC) sits, could cost about $1 billion to $1.5 billion, said chairman Yeo Ning Hong. The redevelopment had been prompted by the Govern610 words
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551 1997-09-20 20 William Choong - Move will take effect in April 2000 By William Choong THE annual licence fees for mobile and paging operators will be slashed from April 2000, a move which will save the companies about $3OO million. The Telecommunication Authority of Singapore (TAS)551 words
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446 1997-09-20 20 Yong Siew Min - By Yong Siew Min NEC Corporation, Japan’s biggest computer chip maker, is pumping $3OO million to expand its Singapore plant over the next four years. The investment will increase its annual production of advanced semiconductor products by more446 words
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Page 21 Advertisements
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Advertisement978 1997-09-20 21 :..-gBBfe& I he Straits Times Weekly Edition i > mm 8«S M**': M 1 i i MiismiaM **W"- MmWMMm WU. Nat Steel Nat Steel is one of Singapore's most dynamic industrial groups with diversified businesses in steel, industrial activities including construction products, chemicals and engineering, electronics as well as a978 words
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Page 22 Advertisements
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Advertisement683 1997-09-20 22 Singapore Airlines invites applicants for the following appointment in Singapore: REVENUE MANAGEMENT SPECIALIST MARKETING PLANNING DIVISION RESPONSIBILITIES This is a senior position in the Route Revenue Deportment, Marketing Planning Division of Singapore Airlines, with responsibilities that include: Setting strategic directions for the development of revenue management systems to achieve competitive683 words
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FORUM
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305 1997-09-20 23 The haze I AM greatly perturbed by the severity of the haze that envelopes the region. The economic loss is astronomical, and if left unchecked, it will be an ecological disaster of great magnitude. It is a deadly shroud that threatens our environment. The305 words
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557 1997-09-20 23 I REFER to Mr Wong Sin Hee’s letter 'Take active steps to contain fires” (see above). I. too, had been considering writing on this subject but figured it would be too sensitive and against the principle of non-interference enshrined in the Asean charter.557 words
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134 1997-09-20 23 “DAMNED if you do, damned if you don’t.” Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad was quoted as saying this when he referred to the ambivalence in Sarawak over the Bakun Dam hydro-electricity project (Life! Sept 12). This saying applies to Singaporeans who have been134 words
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Article, Illustration738 1997-09-20 23 I REFER to Miss Chua Lee Hoong’s article “Do businessmen really need to know the Dream of the Red Chamber?” (ST Weekly Edition, Sept 13). In it, Professor Tan Eng Chaw, head of the NUS Chinese Studies Department, was reported738 words
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Page 23 Advertisements
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Advertisement124 1997-09-20 23 I Dear Readers, THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in very exceptional circumstances,124 words
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553 1997-09-20 24 Derwin Pereira - By Derwin Pereira, in Jakarta PRESIDENT Suharto on Tuesday apologised for the worsening haze condition from forest fires in Indonesia that is affecting neighbouring countries. He said that Indonesia was doing its "level best" to prevent and overcome the fires in the country’s largest553 words
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Article, Illustration586 1997-09-20 24 Dominic Nathan - By Dominic Nathan SCHOOLS and sports complexes will be shut when haze levels, monitored over 24-hours, blow past 300, the Environment Ministry said yesterday when it revealed its haze action plan. This spells out staggered measures that would be taken at various levels of thePicture by TERENCE TAN. - 586 words
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317 1997-09-20 24 Brendan Pereira - By Brendan Pereira in Kuala Lumpur A STATE of emergency was declared in Sarawak yesterday after the Air Pollutant Index (API) passed the 650 mark, far above the hazardous level of 301. Offices, factories and schools were closed while construction317 words