The Straits Times : Weekly Overseas Edition, 4 October 1997

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, OCTOBER 4, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/97
    20 words
  • 550 1 Those who refuse to pay up will not get keys to new flats THE Housing Board and Urban Redevelopment Authority are coming down hard on recalcitrant parking offenders. Motorists who do not pay their parking fines will not be given the keys to
    550 words
  • 604 1 SINGAPORE faces a possible water shortage. The Public Utilities Board (PUB) said in a statement on Tuesday that, as of Monday. Singapore's total water stock was only two-thirds (65.8 per cent) of its capacity. Prolonged dry weather had created “a worrying situation”, it said,
    Picture by DENISE TAN.  -  604 words
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  • NEWS FOCUS
    • 608 2 THE new batch of nine Nominated MPs will make their debut in Parliament next Tuesday. after they received their instruments of appointment from President Ong Teng Cheong on Wednesday. The simple ceremony at the Command House to appoint the new NMPs was also attended
      Picture by TAN SUAN ANN.  -  608 words
    • 468 2  -  High Court ruling in first case of its kind By Tan Ooi Boon AN EMPLOYER who drove an illegal worker to the construction site had his vehicle forfeited on Thursday by the High Court in the first case of its Kind. In making
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    • 384 2  -  Attracting foreign talent By Jason Leow SINGAPOREAN workers are "a little bit cheesed off” by the Government's move to bring in more foreign talent, several union leaders have told National Trades Union Congress chief Lim Boon Heng They felt the move gave the impression
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    • 459 3  -  By Rav Dhaliwal TK'KETLESS travel has taken off. Singapore Airlines introduced it on Sunday on two routes to Malaysia Kuala Lumpur and I’enang. It will be expanded in 12 to 18 months to routes that are used heavily such as to Hongkong, Britain the
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    • 482 3  -  Investigations centralised at CID; victims get more privacy By Chang Ai-Lien A SPECIAL 15-member police team will investigate rape reports with more sensitivity to victims. It was formed on Wednesday. The Rape Investigation Squad will be manned by experienced officers,
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    • 381 3 THE holder of the winning ticket to a $650,000 apartment in Bukit Batok almost did not claim her prize. But thanks to the prompt ing of a colleague, store supplies supervisor Jennifer Ho, 36, dug out her $2 ticket for the Singapore Indian Development
      vaav a/a v mmm w* a colleague. Picture by ALBERT SIM  -  381 words
    • 532 3  -  Footballer in match-fixing trial also fined By Elena Chong BUSINESSMAN Rajendran R. Kurusamv alias Pal. 37, was sentenced to a total of six months' jail and fined $200,000 on Tuesday for conspiring to fix two S-League matches. The former bookie
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  • HOME
    • 731 4  -  By Ahmad Osman THE High Court on Mondav awarded Prime Minister Goh Chok Tong 520.000 in damages from Workers' Party chief J. B. Jevaretnam whom 'it ruled had defamed him at a WP election rally on Jan 1. Mr Goh was also awarded
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    • 649 4  -  By Chua Mui Hoong THE final test of whether his ideas are right or wrong, will be in how Singapore uims out. Senior Minister Lee Kuan Yew *aid yesterday, at the launch of a new book chronicling the development of his key political
      – Picture by WONG KWAI CHOW.  -  649 words
    • 550 4  -  Slept in corridor outside mum’s flat Wrote graffiti outside flat thrice Punched ex-wife’s male companion By Lim Seng Jin and Chua Chin Hon A MAN divorced from his wife and estranged from his mother was forced into sleeping in the corridor outside his motheif’s flat for
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    • 629 5  -  SIA campaign aimed at Tokyo market also offers shopping and dining discounts By Kwan Weng Kin Japan Correspondent TOKYO A special “hop on, hop off’ bus service that allows tourists to enjoy the sights, sounds and tastes of the city
      SIA Japan picture.  -  629 words
    • 312 5  -  By Rav Dhaliwal STREET performances, or busking, are now allowed in Singapore. But it comes with restrictions to ensure that it does not degenerate into disguised begging, said organisers administering the busking scheme. The conditions include: Buskers will be auditioned to ensure that they
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    • 433 5  -  Sister expresses regret By Sharon Vasoo STATE Coroner Siva Shanmugam rĕturned an open verdict on Monday on the death of a 36-year-old woman with Down’s Syndrome from complications four months after ap operation at Kandang Kerbau HpsjJitaj to remove her
      433 words
    • 408 5 But 40% of 208 surveyed would consider settling elsewhere THREE Secondary 3 students from Anglo-Chinese School (Independent) have found that most of the young people they surveyed earlier this year say they will not emigrate. They did this project under the
      408 words
    • 677 6  -  By then, the learning and evaluation would be over By I Dominic Nathan m Ma'mo. Swedei DEPUTY Prime Minister Tony Tan. speaking here after the launch of the navy’s first submarine. the RSS Challenger, said Singapore’s squadron of four submarines will
      LIANHE ZAOBAO picture.  -  677 words
    • 260 6 SINGAPORE won a gold medal at the International Youth Skill Olympics in Switzerland held in July, but those responsible for the win believe they could have done better. Singapore Polytechnic student Cnua Yong Seng. 19. one of the team members who won
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    • 572 6  -  By Chua Chin Hon DESPITE initial fears. Internet regulations put in place by the Singapore Broadcasting Authority last year have not hindered the medium, said the National Internet Advisory Committee (NIAC) in its first report last Thursday. But it
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    • 468 7  -  Rise most marked in those in managerial posts By Lea Wee THE number of better-educated Singaporeans infected with HIV, the virus that causes Aids, has gone up, said the Health Ministry. Its latest figures show the rise has been especially steep among those
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    • 455 7  -  By Tuminah Sapawi SINGAPORE S Nat King Cole, Mr Rahim Hamid, died last Tuesday of heart and liver failure. He was 69. The singer, who had graced many national and international functions and song festivals, was hospitalised last Wednesday after
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    • 427 8  -  It is World’s Best Airport for 10th year By Rav Dhaliwal CHANGI airport has won the coveted World’s Best Airport Award from the London-based Business Traveller magazine, regarded by the industry as among the most prestigious, for the 10th year in a row. Singapore
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    • 146 8 MISS Singapore Chinatown will be recruited in a Comfort able new way this year. Comfort taxis’ roof-top ad boxes will cany the picture of Miss Singapore Chinatown 1996, Miss Hannan Toh. in a pitch for women to take part in this year’s beauty pageant.
      ■ Picture by ALIYUSOFF.  -  146 words



  • Page 7 Advertisements
    • 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
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  • Page 8 Miscellaneous
    • 1120 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 —l4OO 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
    • 624 9  -  Teenage schoolgirl sets national mark of 12.27 in the 100 m ATHLETICS Nike Singapore Open Track and Reid Championship By Santokh Singh SCHOOLGIRL Hiranisha Rasimuddin showed that there is still hope for Singapore sprints when she broke the long-standing women’s 100 metres national record
      Picture by NG HAN GUAN.  -  624 words
    • 400 9  -  By ShMy'pWHb-Pereira FACE masks are the latest addition to the luggage the Singapore medical crew will be taking to the South-east Asia Games in Jakarta from Oct 11 to 19. The team from the Singapore Sports Council’s Sports Medicine and
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  • MALAYSIA
    • 444 10 Campaigns launched to promote tourism, increase commodities production AFP. Bernama. Reuter KUALA LUMPUR Malaysia, capitalising on the rapid decline of its local currency on Thursday outlined steps to promote tourism and beef up production of commodities. Culture. Arts and Tourism Minister Datuk Sabbaruddin Chik
      AFP.; Bernama.; Reuter  -  444 words
    • 464 10  -  BATTLING THE HAZE By GinnieTeo in Kuantan and Jasbir Singh and Jasbir Singh in Ketapang Wes' Kalimantan FIREMEN in Pahang on Thursday put out underground peat fires alter working through the night to create a fire-break and using a helicopter to douse flames Similar
      AFP picture  -  464 words
    • 96 10 Bemama. KUALA LUMPUR Malay sia Airlines has received more landing rights in China, following the conclusion of air talks between the two countries on Tuesday. Transport Minister Datuk Seri Dr Ling Liong Sik said on Wednesday The airline will ply the Kuala Lumpur
      Bemama.  -  96 words
    • 332 10 KUALA LUMPUR The Umno Youth movement and the Prime Minister’s De Rartment plan to hold dialogues with nonluslim groups in a bid to promote greater understanding on Islam and related issues. The Minister in the Prime Minister’s Department Datuk Dr Abdul Hamid
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    • 323 10 j KUALA LUMPUR Police on Thursday described as baseless an article in the reI gional news magazine. Asiaweek. which said that the federal capital was no longer safe for foreign diplomats. They refuted the maga zine’s allegation that there had been around
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  • SOUTH-EAST ASIA
    • 490 11 Unfinished, abandoned projects dot city’s skyline casualties of financial crisis BANGKOK Builders have begun turning off the lights that once blazed long into the night, illuminating the feverish work of the capital’s construction boom. Shells of abandoned projects, some 30storeys high, now dot
      Reuter picture.  -  490 words
    • 188 11  -  counts. LUZ BAGUIORO. MANILA Philippine President Fidel Ramos on Tuesday dismissed as “completely untrue” allegations that his Swiss bank account might have been used to launder gold stolen bv the late dictator Ferdinand Marcos. “I consider that a conspiracy of falsehood and fabrication,”
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    • 500 11 JAKARTA More and more graduates in Indonesia are unemployed, despite a growing demand for skilled workers, Minister of Education and Culture Wardiman Djojonegoro said. Unemployed university graduates accounted for 13.51 per cent of the 3.23 million registered job seekers in 1995, the Jakarta Post quoted
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    • 457 11  -  By Luz Baguioro in Manila PRESIDENT Fidel Ramos on Tuesday signed into law a landmark anti-rape measure, seen as one of the most progressive in the region and which even punishes marital rape. “Through this law, we ensure that no woman including wives
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  • COMMENT / Pick of the week’s editorials
    • 685 12 OCTOBER 4 199" BEYOND the present drought, which has prompted the Public Utilities Board (PUB» to warn against wasting water. looms the larger spectre of the problem with which SingaDore nas always lived and must do so tor al time. To the constraints of
      685 words
    • 679 12 OCTOBER 1 199" THE Housing Roard is such a fixture of the Singapore scene that it is easy to take it for granted The recognisable blocks which cover the landscape embody the combination of extensive public housing and high rates of ownership that is perhaps the
      679 words
    • 641 12 SEPTEMBER 30.1997 PUZZLING remarks on the haze attributed to an Indonesian minister cannot, by any Y ardstick, be said to be helpful. If he was reported correctly, the Coordinat ing Minister for People's Welfare. Mr Azwar Anas, was saying that Indonesia could not be field accountable
      641 words
    • 812 12  -  By BobNg TAXIS are in the news again. This time the cabbies face a burrage of criticisms tor not helping travellers with their l gage. A Straits Times checx at Cnangi Airport recently showed that only 30 taxi urivers out of 90
      LUDWIG ILIO  -  812 words

  • COMMENT/ANALYSIS
    • 1332 13  -  By Simon Tay Few things seem clear in these days of haze. Is the Indonesian government to be held resoonsible lor the consequences? How best can the tires be stopped'' What should be done for tne luture” Some answers to these questions came from the Asean
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    • 909 13  -  Strength lies in numbers and Singapore’s must be five million By Tan Sai Siong IT WAS only m 1991 that The Next Lap. a government publication spelling out the hopes of a new generation of Singaporeans and their leaders, revealed that, with careful use
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1206 15 Singapore has some natural advantages which should help it avoid an environmental disaster, says haze task force head Tan Teng Huat, who is also director of Environment Policy and Management Division in the Environment Ministry. He talks to Leslie
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    • 1306 15  -  Thinking Aloud Warren Fernandez TRUST Mother Nature to blow a fiery challenge at Asean’s people and leaders even as they busied themselves celebrating the re gional grouping’s 30tn anniversary this vear. The irony that official celebrations are scheduled to be held in
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    • 1285 14 Subsidy levels for public housing are just right, say most Singaporeans polled in a Straits Times survey, but a large minority 42 per cent want more, while one in three would like to buy subsidised flats three times, not two. Just
      DARIO NOCHe  -  1,285 words
    • 636 14 ONE of the most startling findings from The Straits Times’ survey is that almost all of those surveyed 95 per cent believe Housing Board flats are priced at or above cost. Despite the hundreds of millions of dollars in
      636 words

  • MONEY
    • 357 16 Weekly share market review THE week continued to be a tough one for the South-east Asian currency and stock markets, as turbulence reigned. The Maiavsian ringgit, Singapore dollar and other regional currencies took turns to come under selling pressure all bad news for
      357 words
    • 79 16 ST Industrials Index The Straits Times Industrials Index dropped 20.81 points on the week to 1902.04. DAY CLOSE TURNOVER Monday 1934.75 (+11.90) 103.193 ($289.438m) Tuesday 1954.68 (+19.93) 113.716 ($273.367m) Wednesday 1941.74 (—12.94) 111.653 ($242.805m) Thursday 1927.60 (—14.14) 97.808 ($235 892m) Friday 1902.04 (-25.56) 95.358 ($219.857m) BT— MGA
      79 words
    • 1366 16 C omp^ny Data ann Nat aarn TY LY <$m> ($m> EPS TY LY (cts) M ABR Mlflfli Sapt 18 1 0.429L 0060 0.1 ASJ Hldgj Sapt 23 1 2.351 2-334 2.69 3.n Alcom* Sapt 10 1 13.863 ***** 10.5 10.7 Amstaal* Aug 28 P 134.366 127 956 10.7
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    • 130 16 Company Plata Date Time Siangyong Cement c 17 Pioneer Crescent Jurong Town (*****2) Sept 30 10.00am Wt«rn#j toll E 65 Chulie Street •50-00 0C8C Centre. (*****3) Oct 1 3.00pm Orchard Parade E Second Fir. Antica Pm Orchard Parade Hotel 1 Tenglm Rd (*****5) Oct 2 tt ,30am Roly
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    • 443 16 RIGHTS ISSUC Company Ex- Books Ratio data doit TIBS H One-for-one S0.80 Sept 2 Sept 6 Sept 29 MUI Prop Tnree-for-flve RMi Sept 4 Sept 10 Oct »0 IPC Corpn One-for-five $0 30 Sept 9 Sept 15 Oct 6 MUI Two-tor-five RMI 35 Sept 10 Sept 16 Oct
      443 words
    • 92 16 Paymaot m Ik data Book) close Pay data Acma 50C 1 12.5 Sfpt23 Sapt 29 Oct 10 A MOB 50C D 5 Oct 2 Oct 8 Oct 24 AM* Htdgt 50« b 6 Sapt 18 Sapt 24 Oct 8 AS Auto b 15TE Sept 9 Sept IS Sapt
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    • 1228 16 Payment Ea date if Bay date Bousteedco P 2 Oct 6 Oct 14 Oct 28 CSC 1 9 Sept .2 Sept 16 Oct t COL 1 4 Aug 27 Sept 10 Oct 17 CMB Ask 1 2.5N Oct 7 0«t 13 Oct 30 Cathey Pac 20C 1 57.5
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    • 587 17  -  By Narendra Aggarwal SINGAPORE'S rapidly growing external economy yielded a handsome income of $l7 billion last year, up significantly from the s'l 1.7 billion earned in 1990, a new study has shown. The income earned by the Republic from abroad comprises earnings from capital investment,
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    • 432 17  -  Reductions will mark third revision so far this year By William Choong SINGAPORE Telecom is slash ing its international direct dial ling (IDD) rates by up to 50 per cent next month, its third rate cut so far this
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    • 315 17 POSBANK is raising its savings deposit rates by a quarter of a percentage point a move which will put pressure on the local commercial banks to do likewise, say market watchers. The bank said interest rates on savings deposits were increased on
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    • 162 17 CURRENCY COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1 5208 1.5461 Sterling pound 2 4355 ***** Australian dollar 1.0925 1.1329 Canadian dollar 1.0987 1.1295 NZ dollar 0 9630 1.0012 EC unit Singapore dollars to 100 units of foreign currency 1.7164 Austrian
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    • 116 17 ASIAN CURRENCY UNITS Contract date: October 3,1997 UNIT uss AS NZS S T 3 JY DV SFR cs HKS ECU MYR ONE MTH 5'/,, «V,. 6% 6‘ 2 1 4 2’/,, Z't 6‘: 3' 6'« 3 MTH 5>. 6% 6 V. 2>. "'n 2% 6 1 2
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    • 459 17 October 3 1997 ASM Pacific Allied ind Inn HKS 720 360 040 -0 02 Asia Sec Int 320 003 Bank of EA 28 65 -0 25 C P Pokphand 2 38 -020 COL Hotel Cate De Coral 2 02 -0 02 Cath Pac Air 10.50 -0 35 Century City
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    • 931 17 Mars’ Prices, October 4 Aberdeen Asset Mgt Asia Ltd Abe'S#*" Soc'eGround 1 048-1 101" AIBGovett(Asis)Ltd (Formerly Jour Goiett; Asiaj .«Si Govett Asia Pacific G'owth Fd 1 141-1 '99 Govan Global 8'a"ds Pd American Inti Aaaur 095«-' 004 AiA Pegional Equity c d 0 950-1 0004 AlA Unit u"kadFd
      931 words
    • 8875 18 INDUSTRIAL AND COMMERCIAL Transaction Date: October 3.1997 I 1997 Curr Last Vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale +or000 High Low Div P E Smi Price 157 885 73 e ACE Dynamics60c ASE NTS10 200 US 80 •1 31 84 78
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    • 643 20  -  By Jean Chia THE Registry of Companies and Businesses (ftCB) is reviewing an existing rule which prohibits companies from buying Dack their own shares. “We are presently studying share buy back schemes as part of an ongoing review,” said an RGB spokesman over Hast
      643 words
    • 522 20  -  But will keep ‘golden share’ in ST Engineering By Tammy Tan THE Government has given up its veto power over Singapore Technologies Industrial Corp (STIC), including its right to decide board appointments. The move also extends to units ST
      522 words
    • 975 20  -  By Chan Wee Chuan THE total value of shares listed on the Stock Exchange of Singapore (SES) shrank by $21.5 billion or 8.5 per cent in a tumultuous third quarter as the regional currency crisis took its toll. But the number of
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  • Page 21 Advertisements
    • 892 21 < ';5 rnmmmii'' i -)>A Mtti The Straits Times W eekly Edition NTMENTS NGEE ANN POLYTECHNIC LECTURER ($2200 $6OOO pm) ACCOUNTANCY DEPARTMENT Requirements: A good Degree in relevant discipline At least 2 years relevant industrial experience Professional and post-graduate qualifications preferred May be required to spend working stints in industrial
      892 words

  • Page 22 Advertisements
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  • 519 24 JAKARTA The Indonesian government, criticised by its Asean neighbours for the haze engulfing the region, yesterday revoked the permits of 29 private forestry firms in a bid to control forest fires. The Forestry Ministry revoked 151 permits issued to 29 private companies, after they
    519 words
  • 357 24 S-E Asia financial markets see more gloom SOUTH east Asian financial markets ended a dismal week yesterday with the Indonesian rupiah collapsing a dizzying 9 per cent to an all-time low against the US dollar. In other unhelpful developments, Thailand's stock exchange
    357 words
  • 89 24 NO NEED for dry ice here. It is 10.40 am on a Sundav and the Singapore skyline is shrouded in a blanket of white haze. The PSI at 10 am was 101. But for Mr Lee Chin Chee and his bride Hui Theng, both 27,
    Picture bv LAU FOOK KONG.  -  89 words