The Straits Times : Weekly Overseas Edition, 11 October 1997

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, OCTOBER 11, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/97
    20 words
  • 621 1  -  Only a slight impact on economy this year By Ravi Velloor FINANCE Minister Richard Hu said on Tuesday the region's currency troubles would have only a ‘very small immediate impact” on the Singapore economy although growth might be affected next year if the
    621 words
  • 667 1  -  By Warren Fernandez SINGAPORE’S Cabinet ministers and top civil servants have proven their worth by helping the Republic avoid financial and other policy disasters which have hit other countries recently. Deputy Prime Minister Lee Hsien Loong said in Parliament on Tuesday.
    667 words
  • 383 1  -  By Sharon Vasoo TENS of thousands of people going to work and school on Thursday morning were stranded, when trains on the north-south MRT line between Bishan and Newton stations were stalled by a maintenance train that derailed on the tracks at the Toa Pay
    SHIN MIN picture.  -  383 words
  • Page 1 Advertisements

  • NEWS FOCUS
    • 616 2  -  By Walter Fernandez ONE IN every five students entering the three Raffles schools here each year should be a high quality foreigner. Senior Minister Lee Kuan Yew said last Saturday. The overseas students would not only stimulate and
      616 words
    • 485 2  -  By Geraldine Yeo CAR Certificate of Entitlement (COE) prices for November have eased across the board by nearly $3,000 on average, continuing a downtrend that began three months ago. The largest fall was for luxury cars (2.001 cc and above), which went down by
      485 words
    • 456 2 EXECUTIVE Cheong Ping Ching could hardly believe his ears when a colleague told him that the dashboaraof his new car had melted. He rushed to the carpark of his Tuas company and found that the grey dashboard of his 1.6-litre silver Mazda Astina
      456 words
    • 670 3  -  Government rebuts Littlemore’s comments By Chua Lee Hoong THE Singapore Government has charged that Queen’s Counsel Stuart Littlemore came to Singapore not to observe but to condemn. A statement from the Law Ministry on Tuesday said the Australian lawyer’s “disingenuous"
      670 words
    • 415 3 ICJ’s defamation case report THE Prime Minister’s press secretary has written to the International Commission of Jurists to get Queen’s Counsel Stuart Littlemore to apologise for the way he misrepresented facts in his report on the defamation hearing against Workers’ Party chief
      415 words
    • 461 3  -  By Ahmad Osman PRIME Minister Goh Chok Tong is appealing against the High Court judgment award ing him $20,000 in damages from Workers’ Party chief, J. B. Jeyaretnam, who defamed him at a WP election rally on Jan 1, this year. Lawyers for
      461 words
    • 417 3  -  By Chua Chin Hon ALL THEY wanted to do was to get rid of a rat. But when machine operator Boon Chee Kuang, 22. tried to burn it, already soaked with turpentine, he ended up setting himself and two workmates
      417 words


  • PARLIAMENT
    • 704 4 Judge a government not only bv its achievements which are open for all to see, but also by the disasters it has avoided silently, Deputy Prime Minister Lee Hsien Loong said on Tuesday when he defended the Singapore system of
      704 words
    • 469 4 Ministerial pay WORKERS’ Party chief J B Jeyaretnam asked Parliament on Tuesday to set up an independent committee to review and justify salaries and allowances paid to ministers. The committee w’ith the power to hear evidence and make recommendations, the Non-Constituency
      469 words
    • 442 4 Ministerial pay SLEAZE can be expected in any country which does not confront and acknowledge honestly the issue of how much it should pay its politicians, said Deputy Prime Minister Lee Hsien Loong on Tuesday. In places where ministers were not paid what
      442 words
    • 532 4 Emergency shelters in new buildings PROPERTY developers have a six-month grace period before a new law takes effect requiring new buildings to have emergency shelters. This would allow building plans at an advanced stage to De approved without needing to add the shelters. It
      532 words

  • HOME
    • 830 5 International Commission of Jurists’ charge against the Singapore judiciary THE International Commission of Jurists has charged the Singapore High Court with being compliant, saying it had bowed to pressure from the Government in the recent defamation suit brought by People’s Action Party leaders
      830 words
    • 807 5  -  Government responds to International Commission of Jurists’ charge By Warren Fernandez THE Government has replied to the International Commission of Jurists’ charge that the Singapore High Court was compliant and had bowed to the executive here in the defamation suit against Workers’ Party chief J.
      807 words
    • 423 5 Littlemore responds to govt rebuttal THE offending words by Workers Party chief J .B. Jeyaretnam would not liave been considered slanderous in any other democratic country, said Queen's Counsel Stuart Littlemore. The QC said this in response to the Government’s rebuttal last Friday to
      423 words
    • Home away from home in Singapore
      • 462 6 WELCOME foreign talent as it is better for them to be here creating wealth which all Singaporeans share, than working in other countries which are competing against Singapore, Minister without Portfolio Lim Boon Heng said 12 days ago. Jason
        462 words
      • 238 6 FOR technical manager Jupp Wellmanns. 55. coming to Singapore in January was a "lovely opportunity to build a team" of technical experts and start a new company. A German who migrated to South Africa in 1968. he now heads a team of three Singaporeans
        238 words
      • 230 6 ALTHOUGH Brazil has been home to Mr Willi Hess for 10 years. Singapore is where he wants to run his business. The reason: efficiency is his top priority. "When a ship arrives here, the container is in the warehouse within 24 hours,"
        230 words
      • 168 6 w k L v Ann d Alexar >dry won The New Paper fZLII {the held at Takashimaya last rnday. She was also the winner in the New Face readers’ JjJJUJjj? 1 t U i! ofthe f OOO entries received, 1,300 readers
        Picture by WONG POK SEE.  -  168 words
    • 554 7  -  By Chang Ai-Lien PEOPLE who survive a major disaster will now get help to overcome their trauma. A support group of more than 200 emergency behaviour officers has been set up to give them swift assistance. The Ministry of Health and eight
      554 words
    • 239 7 A LOCAL designer’s brushwork has been chosen to be the World Trade Organisation’s official emblem. The clean lines of six stylised arcs, created by designer Su Yeang to symbolise the role and values of the WTO, was launched as the organisation’s logo in
      239 words
    • 567 7 Concept plan underway to avoid future problems SMRT APOLOGISES FOR THURSDAY’S DISRUPTION THURSDAY morning's massive disruption of Mass Rapid Transit services from the Bishan station happened after a maintenance locomotive went off the track. And it was human error that caused the derailment. Singapore MRT
      567 words
    • 427 8  -  But centre will also link Singaporeans to home By Lee Siew Hua US Correspondent NEW YORK Young Ameri cans looking for high-end ca reers in Asia can now tap the just-launched Contact Singapore office in Boston. Singapore Ambassador Chan Heng Chee, who
      427 words
    • 367 8 TCS STAR AWARDS A GLITTER of celebrities were crowned at the Television Corporation of Singapore’s Star Awards on Sunday night, but the event clearly belonged to the lm menselv successKil series, The Price of Peace. The 32-part historical drama garnered awards in
      Picture by STEVEN LEE  -  367 words
  • Page 5 Advertisements
    • 214 5 GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION Leeds is rated 7th in research power in the most recent Research Assessment Exercise The Master of Arts in Asia Pacific Studies taught in Singapore, made available to the region via internet... The only course of its kind in Singapore, the
      214 words


  • Page 7 Advertisements
    • 45 7 r BUY*? SELL* FIND/* Classified ads are purr...feet for finding lost little kittens. No matter what it is, you can always buy it, sell it or find it with the Classified. T 0 L L F_ R JEJE 1800-737-1166 S Call Today For Results Tomorrow.
      45 words

  • Page 8 Miscellaneous
    • 1138 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 F Z Beat 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market
      1,138 words

  • SPORTS
    • 645 9  -  Heineken Open tennis championships By Tay Cheng Khoon TOP seed Michael Chang once again failed to win the $1 million Heineken Open tennis tournament. And once again it was his American compatriot Jonathan Stark who stopped the crowd favourite at the Singapore Indoor
      645 words
    • 337 9 THE SELF-CONFESSED tennis lover was there as early as 6 am, determined not to miss the opportunity of having lunch with tennis superstar Michael Chang. And David Yeoh’s persistance was rewarded. As the head of the queue of about 60 outside Planet Hollywood last Saturday, he
      337 words
    • 161 9  -  SEA Games By Shirlynn-Ho Pereira m Jakarta IT APPEARS that tattoos are becoming fashionable among swimmers. When they strip down to their trunks and costumes, those ink imprints on their bodies become an interesting topic for conversation. Singapore's Golden Girl Joscelin Yeo, whose first tattoo appeared
      Picture by ALBERT SIM.  -  161 words
    • 583 9  -  But coach Whitbread unhappy with team Soccer: Singapore 2 Cambodia 1 By Santokh Singh JAKARTA An injury-time winner by Nazri Nasir helped Singapore beat Cambodia 2-1 on Thursday and keep alive its semi-final hopes in the SEA Games soccer competition. Just when everyone thought that the
      583 words

  • MALAYSIA
    • 471 10  -  Government official to be seconded to the World Bank By Brendan Pereira in Kuala Lumpur THE Malaysian government on Thursday said that it would need a national effort to counter the sharp drop in the value of its currency, and announed that a government official would
      471 words
    • 495 10  -  Malaysians say he is best person to lead country out of current difficulties By Brendan Pereira m Kuala lumptr CARRY on That was the message Prime Minister Datuk Seri Dr Mahathir Mohamad received on Tuesday from Um no Youth, several state governments and
      495 words
    • 380 10 about M 525,000 a unit. Bernama. KUALA LUMPUR Deputy Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim on Thursday launched a state-owned housing company to raise the supply of low cost housing in the country. Known as Svarikat Perumahan Negara Bhd. the company
      about M 525,000 a unit. Bernama.  -  380 words
    • 174 10 MALACCA A Malacca teacher allegedly ordered 21 girls in his class to slap a Primary Five boy for failing to complete his mathematics homework. According to a report in the Sunday Star, the boy's father. Mr K. Ramiah. filed a ponce report after
      174 words
    • 394 10 KUALA LUMPUR If the Malaysian government has its way,'every person over 12 years old in tnis country of 20 million will have a piece of silicon in his pocket. Bidding was under way for a project which would
      394 words

  • SOUTH-EAST ASIA
    • 691 11  -  Economists to help rebuild currency market By Susan Sim Indonesia Correspondent JAKARTA Indonesia needs a dramatic gesture to reassure its confidence-short financial mar ket, and bringing in the International Monetary Fund (IMF) and the World tfank might just do the trick, the
      691 words
    • 646 11  -  Ministers add up the cost of burning forests to the economy BATTLING THE HAZE By Susan Sim Indonesia Correspondent JAKARTA Environment Minister Sarwono Kusumaatmadja pledged on Monday that his agency would work hard to ensure that the haze does not return to plague
      Reuter picture.  -  646 words
    • 161 11 -AFP. BANGKOK —Anew law making seat belts compulsory in all motor vehicles came into force on Tuesday in a bid to cut down on road carnage in Thailand, reports said on Monday. The law, which will also apply to passengers, comes two years
      -AFP.  -  161 words
    • 328 11 JAKARTA The government has asked the developer of the planned cross-border bridge linking northern Sumatra and Malaysia to incorporate railroad tracks. Transportation Minister Haryanto Dhanutirto said here on Tuesday that a railroad was essential to meet passenger and cargo traffic demands between the
      328 words

  • COMMENT / Pick of the week’s editorials
    • 665 12 OCTOBER 9 1997 THE nine new Nominated Members of Parliament (NMPs) who were sworn in earlier this week are part of a process which has moved well away from the shadow of scepticism under which it began. At the inception of the scheme, critics thought that
      665 words
    • 676 12 OCTOBER 8 1997 THE spectacle of villagers trying to douse raging flames with buckets of water, or beating them with branches, underlines how much needs to be done in the face of a crisis such as Indonesia's blazing forests. This, surely, is a situation
      676 words
    • 657 12 OCTOBER 6 1997 IF TIE borderless economy is the tndemark of regionalisation and gobalisation. economic woes cai be similarly borderless The criiis that began with the problem: of the Thai baht has enveloped several other South-east Asian ecoiomies. notably Malaysia's. The state of its stock and
      657 words
    • 798 12  -  By SiaCheong Yew THE latest reaction bv workers to the Prime Minister’s move to bring in top talent from all oyer the world to help us compete internationally made me sit up. Unionists were reported to have told labour chief Lim Boon Heng
      NOEL ROSALES  -  798 words

  • COMMENT/ANALYSIS
    • 1175 13  -  By < Chua Mui Hoong SINGLE Singaporeans who have grumbled about the injustice of the pro-family public housing policy nave tended to accept the status quo, thinking their view was probably a minority one. But a survey commissioned by The Straits
      1,175 words
    • 1024 13  -  By Tan Sai Siong IS WHAT Dr Datuk Seri Mahathir Mohamad said in recent weeks about the need to curb speculative trading in currencies such outrageous heresy? One would think so by the way the Malavsian ringgit has been whacked in currency trading rooms each
      1,024 words

  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1891 14 A new batch of nine NMPs made their debut in Parliament on Tuesday. What can the public expect of them? Chua Lee Hoong reports WHEN Parliament sat again on Tuesday, there were several firsts in the history of the House. The total
      NOEL ROSALES  -  1,891 words
    • 1185 15 His benchmark is to get people to use the Internet to talk to their grandchildren overseas. Professor Bernard Tan, chairman of the National Internet Advisory Council, which advises the authorities on Internet rules, argues for a more liberal atmosphere in cyberspace to
      1,185 words
    • 1235 15  -  Thinking Aloud Asad Lattf BORN and bred in the city. I received a lesson in early teenage which I have not forgotten. On a visit to mv ancestral village. I used chasha to describe a farm hand who worked for my family. The word
      1,235 words


  • MONEY
    • 366 16 Weekly share market review STOCK market players are following each gyration on the currency markets far more closely than they ever did. Last week for instance, the Kuala Lumpur stock market mimicked the boom and bust of the Malaysian ringgit, while each sign of
      366 words
    • 81 16 ST Industrials Index The Straits Times Industrials Index dropped 0.80 points on the week to 1901.24. DAY Monday Tuesday Wednesday Thursday Friday CLOSE 1880.59 (-21.45) 1880 34 (-0.25) 1882.03 1.69) 1861.46 (-20.57) 1901.24 (+39.78) TURNOVER 92.454 ($199.564m) 121.526 ($235.21 lm) 284.903 ($410 684m) 156.986 ($316.774m) 167.873 ($410.646m)
      81 words
    • 1402 16 Company Date arm Net earn TY IV ($m> ($m> EPS TV LV lets) let») ABR Hldgs Sept 18 1 0.429L 0.060 0.1 AFP Sept 30 1 24.729 2 5 ANA MotflS Octt 1 1.317 1580 2.75 3.29 ASJ Hldgs Sept 23 1 2 351 2.334 2.69 3.11 Acma
      1,402 words
    • 137 16 Company Ptaca Data Tima CSA Mlflqs E 221 Hendarson Rd •08-01 Handarson Bldg (*****7) Oct 8 10.00am F r eight Links A 62 Ton Guan Rd »05-00 £raight Links Express Dtstripark (*****1) Oct 8 10.00am Kian Ann Enqrq 12 Jin Lemtien Kallang (*****8) Oct 8 11.00am RoOmson t
      137 words
    • 447 16 RIGHTS ISSUC EH- Books Com pony Rotio dot» clot» Mill Prop Three-forfiv* IP RMI S*pt 4 S»pt 10 Oct 10 IPC Corpn One-forfive IP $0.30 S»pt 9 S»pt IS Oct 6 MUI Two-forfive RM1.3S S»pt 10 S*pt 16 Oct IT South»™ 0 F One-fortwo RM1.85 Oct 14 Oct
      447 words
    • 24 16 Company Hum AISB Thf*«-for-ttv» 9 M$S.SO Amcol Ono tor two 9 $2.05 tnno-P#c On*-»or-on* $0.30 Nippprcrpft Oft»-f«r-«our 9 $0.28 PMI Thr##-fof-t»o M$L00
      24 words
    • 1243 16 Payment <%> Ex date Books close Pay data Acme 50C 1 12.5 Sept 23 Sept 29 Oct 10 AMOB 50C b 5 Oct 2 Oct 8 Oct 24 Alex Hldgs 50« b 6 Sept 18 Sept 24 Oct 8 Asia Pec Ld b telTE Sept 24 Sept 30
      1,243 words
    • 413 17  -  Local company lias world’s best technology for circuit board inspection By William Choong A FLEDGLING electronic services firm founded by a young Singapore university lecturer has been snapped up by American computer giant Hewlett-Packard (HP) its first acquisition of an Asian company.
      Picture by WONG POK SEE.  -  413 words
    • 167 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dolls' Sterling pound Australian dollar Canadian dollar NZ dollar ***** 2 4358 1.1012 1.0926 0 9519 1.5408 2.5150 1.1448 1.1262 1.0027 1 7384 Singapore dollars to 100 units of foreign currency Austnan schilling 12 0958
      167 words
    • 496 17  -  By Douglas Wong SINGAPORE and Myanmar agreed last Saturday to broaden their economic links from an initial focus on tourism and agro business into the areas of telecommunications and education "With both countries now belonging to the Asean family, there will be even
      496 words
    • 114 17 Contract date: October 10,1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US$ 5 5' 5 3 />t 5’-;, 4-„ f 14/1097 AS 4' 4'. 4' 4' 4'. r:„ 14/1097 N2S "U 6V-, 6' e 6 7 6’6'. 6 14/10 97
      114 words
    • 476 17 October 9 1997 HK$ ASM Pacific 690 -0 100 Allied ind Int i 3 35 •012 Allied Oversea 1 29 •0 12 Asia Sec lot 2 20 •0 38 BankotEA 27 15 •0 60 C p Pokphand 2 35 unch COL Hotei 2 77 •kOO 2 Cat» 0* Coral
      476 words
    • 924 17 Aberdeen Aeset Mgt Am Ltd Aperoeen S pore G' c jnd 1 0J1-1 084" AIB Govett (Am) Ltd Gove!f Asia Pacific Growth Fd 1115—1 171 Govett Global Brands Fd American Inti Aasui 0953-1001 AIA Regional Equ«y Fd 0 956—f 007* AiA unn i Hiked Fd 0950-1000* AIA Regional
      924 words
    • 8805 18 INDUSTRIAL AND COMMERCIAL Transaction Date: October 10.1997 J 1997 Curr Last Vol Day Gr s Net M Cap Wt Avg High Low Company Traded Sale +or000 High Low Div P/E $mil Price 157 73 e ACE Dynamics60c ASE NT510 200 US 78 •1 120 78 73 63
      8,805 words
    • 754 20  -  But competition must be on level playing field, says OUB chief By Tan Li Eng and Alvin Tay SINGAPORE banks can compete effectively with foreign banks here without any government protection but it must be done on a level playing field,
      754 words
    • 242 20 SINGAPORE Telecom has taken court action to overturn the US Federal Communications Commission's (FCC) one-sided decision to cut international settlement rates on overseas calls. SingTel said it had filed a lawsuit last Thursday at the US Court of Appeals in the
      242 words
    • 698 20 BUSINESS has bounced back at the Singapore-developed resorts on the north coast of Indonesia's Bintan island, and holidaymakers this month have two big new hotels to choose from. The competition should benefit those seeking a quick beach break, and will also test the
      FABIAN CHAN MIN FAY  -  698 words
    • 445 20  -  By Ho Wah Foon in Kuala Lumpur MALAYSIAN Prime Minister Mahathir Mohamad said on Wednesday that Malaysia would propose to the International Monetary Fund (IMF) and World Bank that an international market specially meant for currency trading be set up to regulate monetary flows.
      445 words





  • Page 21 Advertisements
    • 958 21 The Straits Times Weekly Edition SSSsfSSSSS •>:v :x m mm S r FAR EAST ORGANIZATION invites applications for the posts of CUSTOMER SERVICE EXECUTIVES You will be required to conduct quality audits for projects under construction as well as monitoring, arranging and following-up on property defects rectification. You will also
      958 words

  • Page 22 Advertisements
    • 991 22 Singapore Engineering Software Pte Ltd I I t I INNOVATION sr T 4. >T#i ift a. t 'YOU SWITCH ON THE IDEAS FOR SUCCESS On land, in the air and all around the nation, command and control is what we're into here in Singapore Engineering Software. To provide the most
      991 words

  • FORUM
    • 693 23 What has to happen to stop Fullerton Building (left) from being destroyed and Singapore from looking like a copy of another country? Preserving Singapore’s past I REFER to the report “Raffles never knew what a Place it became” (ST Life! Sept 30). 1 am
      693 words
    • 313 23 Weathering the haze I REFER to Mr Simon Tay’s article “The haze and Asean co-operation" (ST Weekly, Oct 4). At one point, he suggested the possibility of a consumer boycott of goods produced by companies responsible for the illegal
      313 words
    • 379 23 Haze and car use RECENT articles in The Straits Times on the phasing out of leaded petrol in Singapore, stricter monitoring of smoky vehicles, restraints on car use and the haze, prompt the question: Whither the car in the next millennium? Most
      379 words
  • Page 23 Advertisements
    • 123 23 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, such
      123 words

  • 804 24  -  Traffic stalled because of delays at Johor customs checkpoint Lorry jams at Causeway By Warren Fernandez and Joanne Lee THE Singapore Traffic Police have taken steps to ease the massive congestion at the Causeway which has persisted for about a week, but the jams
    804 words
  • Article, Illustration
    337 24 NEW regulations imposed by the Malaysian authorities on lorries at the Causeway and the Tanjung Puteri Customs complex have caused massive jams since Oct 3. Last weekend, queues at the Singapore end were five to six kilometres long along Bukit Timah Expressway enroute to Johor. As the Customs
    337 words