The Straits Times : Weekly Overseas Edition, 1 August 1998
1998-08-01
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The Straits Times : Weekly Overseas Edition
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Title Section20 1998-08-01 1 The Straits Times Weekly Edition Saturday August 1.1998 Price: S$ 1.20 (in Singapore) Elsewhere by subscription only MITA (P) 047/08/9720 words
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844 1998-08-01 1 X RAID AH IBRAHIM - Prof Jayakumar tells how Spore had made a series of compromises before Malaysia ended talks abruptly on Tuesday /X RAID AH IBRAHIM SINGAPORE yesterday said that it had tried to be consistent, reasonable and helpful at ever)' stage of its dealings844 words
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Article, Illustration239 1998-08-01 1 Today, Malaysia may put entry stamps on rail travellers’ passports before they have exited Singapore. Singapore immigration moves to Woodlands, so Malaysia does not have any more authority to stamp passports in Tanjong Pagar. But as of yesterday, Malaysia still maintained that it would keep its immigration check there.RAYMOND I rr - 239 words
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Page 1 Advertisements
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Advertisement59 1998-08-01 1 T K A V K I. Higher Prices Ahead? The travel agents’ association wants consumers to pay for services which are now free as the agencies’ commission sources are drying up. page 6 S PORTS Fastest Man Retires Singapore’s fastest sprinter, Muhamad Hosni Muhamad, has retired barely four years after59 words
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PRIME NEWS
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444 1998-08-01 2 DOUGLAS WONG - News of the delay comes in the wake of two critical investment ratings of the country By DOUGLAS WONG IN KUALA LUMPUR MALAYSIA said on Monday that it had postponed indefinitely a US$2 billion (553.4 billion) international fund-raising exercise for its Asset Management Company,444 words
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Article, Illustration371 1998-08-01 2 ZUZANITA ZAKARLA - §1 ZUZANITA ZAKARLA FRIDAY prayers at the Darul Ghufran mosque in Tampines were cancelled after thousands of bricks fell from its front wall on Thursday and smashed through the roof of a covered walkway. No one was injured in the incident, which happenedSOMA TAN - 371 words
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389 1998-08-01 2 IGNATIUS STEPHEN - BOARDS RESTRUCTURED By IGNATIUS STEPHEN IN BANDAR SERI BEGAWAN SULTAN Hassanal Bolkiah of Brunei has replaced his brother Prince Jefri as the head of Brunei Investment Agency (BIA), the principal arm responsible for managing the country’s accumulated oil riches abroad. He has389 words
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Article, Illustration244 1998-08-01 3 THREE Singapore Civil Defence Force captains have made history as the first SCDF women promoted to the rank of major. They are Capt Cheok Poh Chin, 35; Capt Chin Lai Fong, 33; and Capt Bee Hong, 35. All have served in the SCDF for more1.1 WHI ZAOBAO - 244 words
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Article452 1998-08-01 3 LEONG CHIIMG - If KL breaches rules, Singapore won’t hesitate to raise the issue with Malaysia and WTO «!L LEONG CHIIMG TRADE and Industry Minister Yock Suan yesterday said that if Malaysia breached international rules and agreements in trying to stop Malaysian businesses using Singapore's ports, Singapore would452 words
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252 1998-08-01 3 NEARLY one in five Singaporeans who use their monthly Central Provident Fund savings to service their housing loans, use it to the maximum, said Manpower Minister Lee Boon Yang. He told the House that 19-4 per cent use the full amount every252 words
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HOME
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614 1998-08-01 4 New graduated system offers top talents, who contribute the most here, more privileges SINGAPORE will have a new work pass system for foreigners from Sept 1 when the Ministry of Manpower (MOM) will take charge of the employment of all foreign workers. The614 words
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Article199 1998-08-01 4 TIEN CHUNG PINC - TIEN CHUNG PINC P Professionals, managers, administrators, investors, entreprenuers, and others such as world-class artistes and musicians. Includes cream of today's employment pass holders. Privilege: Dependant's passes for spouse and children. Long-term visit passes for parents and parents-in-law. PI: For those earning more than $7,000 per199 words
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Article, Illustration103 1998-08-01 4 At the age of H/2, Muhammad Taufiq Ishak is already the owner of a $40,000 Honda City which he won last week in a lucky draw organised by Golden Chance, a jewellery store. His mother, Madam Mariam Mat Kasim, 30, a housewife, had spent $4,100 at theBE RITA MARIAN - 103 words
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350 1998-08-01 4 KARA MJ IT KAUR - Boeing ‘didn’t blame Silk Air for the crash *L KARA MJ IT KAUR COURT documents submitted by the aircraft manufacturer Boeing in response to a negligence suit did not blame SilkAir for last year’s Palembang crash, the airline said last Friday. In a faxed reply to The Straits Times, Mr350 words
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611 1998-08-01 5 TAN LI ENG - «1 TAN LI ENG DBS BANK'S acquisition of POSBank has raised two main concerns among the public: higher home-loan interest rates and the loss of the government guarantee on deposits which POSBank offers. But beyond the dollars-and-cents concerns, some simply lamented the passing of611 words
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Article617 1998-08-01 5 KARAMJIT KALR - Motorists will pay between 25 cents and $3 for each entry bwhen ERP is extended in Sept Hi,. KARAMJIT KALR MORE than eight out of 10 motorists will pay the same or less in road pricing charges, said the band Transport Authority when it617 words
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Article, Illustration108 1998-08-01 5 >ir rM>Mr. mm Move over Celine Dion, here comes Kit Chan. The way she croons Home may soon have thousands singing along, just as they did earlier this year with the Titanic theme song, Mv Heart Will Go On. And for Kit Chan, home is whereSTKPHWU now - 108 words
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129 1998-08-01 5 SINGAPORE has moved up to sixth place in the league table of the world's most popular convention cities. The Republic was also ranked as Asia’s top meeting spot in the latest survey by the industry ’s global research body, Union des Association Internationales, which has129 words
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392 1998-08-01 6 EVELYN YAP - Clients may have to pay for services such as visa applications and ticket delivery !*l EVELYN YAP THE National Association of Travel Agents (Natas) wants travel agents to make their customers pay for services which are now provided free of charge. Mr Renton392 words
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Article, Illustration96 1998-08-01 6 From classical ballet to modem jazz, tap and Broadway, these performers, aged between nine and 27 years, put on their dancing shoes last Saturday to raise $50,000 for the Spastic Children’s Association of Singapore. More than 170 performers from various community clubs and dance schools tookLANCE LEE - 96 words
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380 1998-08-01 6 JOANNE LEE - »IL JOANNE LEE DOCTORS who want to develop a medical speciality can now apply for a new bond-free scholarship which will allow them to do a two-year research programme at the National University of Singapore (NUS). The new postgraduate medical scholarship was launched on Monday380 words
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422 1998-08-01 6 SANDRA DAVIE - «IL SANDRA DAVIE THE Nanyang Technological University has tied up with the Massachusetts Institute of Technology to offer a worldclass MBA programme for top Asian executives. Under the Nanyang Fellows Programme, the pioneering class of 20 students from 11 countries, are spending422 words
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Article, Illustration570 1998-08-01 7 CHONG CUKE KIN - Unrepentant abusers to serve long jail terms and be caned rather than sent back to DRCs CHONG CUKE KIN ADDICTS of heroin, opium and morphine who refuse to kick the drug habit will now face long jail terms and be caned, the Central NarcoticsFOO HWEI WI N - 570 words
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Article251 1998-08-01 7 MORE than 70,000 foreigners were turned away in the first half of this year for using forged documents or trying to pass themselves off as businessmen or tourists. They were identified at 10 immigration checkpoints as foreigners trying to enter Singapore illegally to look for work. The251 words
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Article, Illustration122 1998-08-01 8 C In the past three months, four white spotted eagle rays have been horn in the Reef Colony Tank at The Underwater World in Sentosa. The pups, as baby rays are affectionately called, are now' in a nursing tank in the quarantine areaSOM A TAM - 122 words
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Article506 1998-08-01 8 GERALDINE YEO - Of the total 986,41 per cent went bust as businesses failed while 16 per cent lost their jobs GERALDINE YEO NEARLY 1,000 people went bankrupt in the first six months of this year. The total of 986 is 20 per cent more than the506 words
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Page 5 Advertisements
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Advertisement205 1998-08-01 5 IP> GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION 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 MA in Asia Pacific Studies is an internationally recognised Master's level programme from205 words
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Page 7 Advertisements
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Advertisement175 1998-08-01 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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Miscellaneous1059 1998-08-01 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6150 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 Wired Up 1145 Newsline 1200 News/Weather (AsiaPacific) 1210 E Z Beat 1230 Business Market Report 1235 The Written Word1,059 words
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SPORTS
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Article485 1998-08-01 9 S. MURALI - It has asked the bureau to keep close tabs on some players after several suspicious performances SOCCER a'l S. MURALI THE S-League has alerted the Corrupt Practices Investigation Bureau (CPIB) to keep a close watch on some of its soccer players. This is after it had485 words
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Article138 1998-08-01 9 LAST September, bookie Rajendran R. Kurusamv was convicted of fixing two S-League matches in 1996. He was fined $200,000 and, after a prosecution appeal, jailed for 18 months. In the same trial, footballer D. Devaraj, who played for Woodlands Wellington and Jurong FC, was fined $40,000138 words
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Article, Illustration459 1998-08-01 9 lIAKJKAT RAI - ATHLETICS Hi lIAKJKAT RAI SINGAPORE’S fastest runner has retired. Barely four years after capturing the public’s imagination with his burst of speed in the 100 metres, Muhamad Hosni Muhamad has called it a day. “I had to make a decision to carry on orJKBRVSFH - 459 words
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319 1998-08-01 9 SOCCER WARRIORS Dzulkifli Jumadi and Robin Chitrakar have been recalled to the national soccer team. The Singapore Armed Forces FC defenders will replace Lim Tong Hai and Hairi Suap, both of whom withdrew from the Lions’ Tiger Cup assignment in.Vietnam from Aug319 words
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MALAYSIA
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428 1998-08-01 10 Bloomberg News KUALA LUMPUR Petroliam Nasional Bhd is offering to bail out the Malaysian government again. The company will buy government bonds to help resuscitate the banking industry, a move that once again sees the cash-rich state oil company coming toBloomberg News - 428 words
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Article, Illustration69 1998-08-01 10 Bangladeshi workers who have not received their wages since last year milling around their lawyer Ajit Singh, who had driven up to see them at the timber factory in Penang where they worked, on Monday. Interwoodworks Industries (M) has not paid them the more than RM 170,000SI N - 69 words
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597 1998-08-01 10 SEGAMAT Transport Minister Datuk Seri Dr Ling Liong Sik has hit out at Singapore port authorities for using various tactics to block cargo from coming to Malaysian ports, the Star newspaper reported on Monday. Labelling Singapore's attitude as “what is597 words
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Article386 1998-08-01 10 There must be an international agreement approved by the Cabinet and Parliament for moving CIQ from present spot SWAKOPMUND (Namibia) Malaysia will not move its Customs, Immigration and Quarantine (CIQ) facilities from Tanjong Pagar railway station to Woodlands, Prime Minister Datuk Seri Dr Mahathir Mohamad,386 words
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SOUTH-EAST ASIA
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Article, Illustration539 1998-08-01 11 NIRMAL GHOSH - By NIRMAL GHOSH PHILIPPINES CORRESPONDENT AFP SCORES of people were injured when heavily-armed police stormed a building in the Subic Freeport to evict Richard Gordon former chief of the industrial zone and hundreds of his supporters on Sunday. The dawn attack was carried– AFP; RECTEHS - 539 words
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453 1998-08-01 11 LEE KIM CHEW - These reforms are crucial and measures have to be taken quickly, say the Asean ministers Reports by LEE KIM CHEW IN MANILA ASEAN foreign ministers have urged Japan to step up efforts in stimulating its economy to support the economic recovery of South-east453 words
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Article295 1998-08-01 11 MRMAL GHOSH - By MRMAL GHOSH PHILIPPINES CORRESPONDENT MANILA President Joseph Estrada on Monday announced austerity measures designed to bridge the 70-bil-lion peso (553.2 billion) budget deficit, and asked Filipinos to be ready for a period of sacrifice in order to weather the regional economic crisis. In his first295 words
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298 1998-08-01 11 STABLE relations among the world’s major powers has enabled Asia-Pacific countries to concentrate on economic development, and this was the “silver lining” for the region despite the financial crisis, Singapore Foreign Minister S. Jayakumar said on Wednesday. Giving his assessment at the end298 words
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COMMENTARY
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Article574 1998-08-01 12 MONDAY |ulj^7jJ99B DBS Bank’s acquisition of POSBank is a momentous step in Singapore’s hanking history and is not a negligible development in its social history. The merger’s financial rationale is sound. 'This move is in line with the Government's policy of encouraging local banks to merge574 words
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Article588 1998-08-01 12 TUESDAY £^28^1998 THE fact that Malaysia has not weathered the economic crisis as well as it might have is due more to political factors than to weak economic fundamentals. Its Prime Minister acquired the unnerving habit of saying the wrong things at the wrong time for the588 words
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Article, Illustration891 1998-08-01 12 KOH BUCK SONG - *L KOH BUCK SONG IT WAS not surprising that nationalism should rear its sometimes ugly head. After all, the occasion last Wednesday was the Singapore International Foundation’s annual student symposium, which aims to give Singaporeans studying in overseas universities a better sense of current891 words
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Article, Illustration1057 1998-08-01 13 IZURAIDAH IBRAHIM - MY VIEW B.j I ZURAIDAH IBRAHIM TO THE casual observer, Singapore-Malaysia ties appeared to be on the mend earlier this year when both sides decided to patch up, bury the proverbial hatchet, and practise a “pros-per-thy-neighbour" policy. But the latest rumblingsLI'DWIG 11.10 - 1,057 words
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950 1998-08-01 13 TAX SAI SIONC - The joy of being with children. BY THE WAY TAX SAI SIONC EARLIER this month, I was present when my eldest brother blessed his first grandson, Ethan, and reminded the baby's parents his son and daughter-in-law of their responsibility to the one-month-old. They are to love, teach and discipline the950 words
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INSIGHT
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Article, Illustration2145 1998-08-01 14 just five months after the two Prime Ministers talked about better ties, a Malaysia-Singapore row seems to be brewing again. What could possibly account for the strains in bilateral relations? CHUA LEE HOONG finds out IN AN article in the Umno-controlled Utusan Malaysia recently, Malaysian politicalNOEL ROSALES - 2,145 words
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972 1998-08-01 15 SONNYYAP - THINKING ALOUD SONNYYAP WHAT do Mr Eugene Seow, Mr Edmund Baker, Mr Benedict Cheong and Ms Seet Ai Mee have in common? Clue: Mr Seow, 42, gave up his architectural practice to head a voluntary welfare organisation; Mr Baker, 43, jumped off the972 words
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895 1998-08-01 15 KOII BUCK SONG - More pep talk please, for economy’s soldiers’ THIS WEEK IN POLITICS H'J KOII BUCK SONG AS ANOTHER week passes by in the war against recession, the reports from the frontline carry a clearer and more depressing message: More ground will be lost to the enemy. Scenarios are coming in thick895 words
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MONEY
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345 1998-08-01 16 THE Singapore stock market languished in the doldrums this week as external worries kept investors on the sidelines. Dealers said regional markets were kept in tenterhooks by a delay in appointing Japan’s new finance minister. Singapore share prices were also hit by a plunge345 words
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Article77 1998-08-01 16 ST Industrials Index Th« Straits Timas Industrials Indax droppad 6.16 points on tha waak to 1064.20. DAY Monday Tuesday Wednesday Thursday Friday CLOSE 1067.81 2.55) 1060.14 7.67) 1053.98 6.16) 1059.53 5.55) 1064.20 4.67) TURNOVER 101.749 ($218.474m) 87.127 ($131.192m) 111.622 ($170.060m) 98.781 <$163.237m) 121.989 ($136.811m) BT-M6A Index Tha77 words
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Article1879 1998-08-01 16 Company Oat* ann Nat tarn TY LV <$m) ($m> EPS TV LV (eta) (cts) AsiaPac Brow Jun 12 1 37.235 ***** 14.7 19.5 AsiaPac LAM* Apr 30 P 3.707 36.089 0.50 5.10 Altiandra Mldg Jun 30 P 9.57SL 3.948 32L 13.1 Amoro H Mar 26 P 7.425 5.6021,879 words
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Article178 1998-08-01 16 RIGHTS ISSUE Company Ratio Exdate Books close ACC 6 Paymt Pan M'sien one-tor-one (PRMO.SO Jul 31 Aug 7 NA Pat Century Slx-for-ten OSSt.OO Jun 24 Jull Jul 21 BONUS ISSUE ExBooks Company Ratio date close Zegro Ono-for-ona Jult Jul 8 Jul 23 Liang Huat One-tor-one Jul 2 Jul178 words
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Article29 1998-08-01 16 Company RightsIssue AsiaMatru ton rights loach wrt shares with carrying 3 warrants Rts to sub) lor ovary ton osistIng sharos Company Bonus Issuo Motaiock two-forono IDT one-for-two29 words
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Article114 1998-08-01 16 Place Date Time Juronq c 29 Tanjonq Kling Rd Aug 3 3.30pm Shipyard S'pore (*****4) CAM A Plaza Parkroyal Hotel Aug 5 2.00pm Inti E Protperity Rm level 3 The Plaza 7500A Beach Rd Vicom A 385 Sin Ming Drive Aug 12 4.00pm E S'pore (*****8) Marco A114 words
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Article832 1998-08-01 16 Payment (cts) Ex date If Pay date Alf xandra 50c b 1.5 Sep 9 Sep 16 Oct 6 Amara 20c b 0.4 Jul 10 Jul 17 Jul 30 Avimo 20c 3.25TE Jul 21 Jul 28 Aug 13 Brilliant 8c b 0.6 Sep 23 Sep 30 Oct 13 Bukit832 words
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Article482 1998-08-01 17 Bti NARENDRA AGGARWAL - Decline persists with 0.9% slide in June but first-half total still manages to register 2.2% growth «7 Bti NARENDRA AGGARWAL CONTINUING May’s downward trend, Singapore’s manufacturing output shrank again in June, pulled down by a significant drop in the key electronics industry, the engine of the482 words
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Article148 1998-08-01 17 COUNTER RATES 1 Buying OD Selling Singapore dollars to one unit of foreign currency US dollar 1.7032 1.7384 Sterling pound 2 7642 2.8576 Austrahendoiiar 1.0265 1.0695 Canadian dollar 1.1245 1.1605 NZ dollar 0 8637 0.9022 EC unit 1.9310 Singapore dollars to 100 units of foreign currency Austrian schilling 13.3364148 words
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Article111 1998-08-01 17 Contract data: July 31, 1998 Unit On* mth 3 mths 6 mths 9 mth* 12 mths Call Valu* datt US$ 57» 57» 57» 57» 47, 4/8 A$ 4'/.. 47, 47, 47, 47, 37. 5/8 NZ 67. 67, 6V. 67» 67. 57, 4/8 STG 7 77. 77. 77»111 words
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Article, Illustration106 1998-08-01 17 Industry Cluster 1997 Value Added Share change ov< period of April May '98 98 1 »r corresponding jrevious year June Cum '98 JanJune '98 Total Manufacturing 100 2.1 -4.3 0.9 2.2 Electronics 44.7 *4.4 9.6 -7.1 -1.7 Chemicals 19.2 25.8 5.5 23.0 16.1 Petroleum products 5.8 24.3 3.9106 words
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515 1998-08-01 17 Bt/ NARENDRA AGGARWAL - By Bt/ NARENDRA AGGARWAL SINGAPORE’S economy is slipping into negative territory and could shrink by up to 3 per cent in the second half, economists said on Wednesday. The country could be starting to enter a recession, they said, as economic515 words
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Article938 1998-08-01 17 Managers’ prices: July 31,1998 Aberdeen Asset Mqt Asle Ltd Aberdeen S'pore Or Fund 0.688-0.724” Aberdeen Select Portfolio let N AV) American Opportunities Fd 0.950** Continental Europe Equity Fd 0.950** Japan Equity Fd 0.950** Asian Fixed Income Fund 0.935** Indonesian Equity Fund Malaysian Equity Fund Philippint Equity Fund Singapore938 words
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Article3906 1998-08-01 18 Transaction date: July 31,1998 INDUSTRIAL t COMMERCIAL 1998 High Low Company Curr Last Traded Sale ♦Of Vol 000 Day High Low Gr's Nat M Cap Dlv P/E Smll Wt Avg Prlct 43 12.5 t ACE Dynamics20c. 18 ♦0.5 70 18 17.5 0.1 22.5 14.7 17 31 19.53,906 words
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Article857 1998-08-01 18 1998 High Low Company Curr Last TraOad Sala ♦Of Vol '000 Day High Low Gr's Dlv Nat P/E M Cap $mll Wt Avg Prlca 134 50 e A8R Hldqs 5c 79 38.5 79 243 62 e ASAutoiOc 66 ♦2.5 136 66.5 62 1S.0N 6.2 75.4 65 82 48.5 e857 words
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Article1508 1998-08-01 19 BONDS, LOANS WARRANTS Transaction date: July 31,1998 1998 High Low Company Last Sal* ♦orVol 000 Day High Low Last Ouote Buyer Sellar Wt Avg Price 23.5 9 m m AMDS c5.5%*****6 9.5 9 11 20.5 4 5 A Acer W*****1 USS 4.5 unch 12 4.5 4.5 4 5 95 81,508 words
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Article1250 1998-08-01 19 Transaction date: July 31,1998 1998 Curr Last Vol Day Gross Nat M Cap High Low Company Traded Sale ♦or* '000 High Lew dlv P/C $mll MALAYSIAN STOCKS (in S$) 135 65.5 28 12 m s 19 182 38 13 37 12 5.0 5.0 4.0N 10.0 6.0 15.6 38.01,250 words
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193 1998-08-01 20 CHAN WEE CHL AN - Byi CHAN WEE CHL AN THE Stock Exchange of Singapore (SES) is investigating trading of Mid-Continent Equipment Group shares after the counter rose as much as six times its initial public offering (IPO) price following its Sesdaq debut last Wednesday. The shares, which were offered to193 words
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451 1998-08-01 20 TAN LI ENG - Bjl TAN LI ENG DBS BANK shares rallied on the bourse on Monday, as investors gave the thumbs-up to its Sl.6* billion deal. Local shares of the Big Four bank climbed 10 cents, or 1.46 per cent, to $6.95, while its foreign shares rose 60451 words
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Article, Illustration36 1998-08-01 20 LAD MNIK MING DBS’ purchase excludes the POSBank Tower now under construction. The Government will keep that part of POSBank as the new entity does not need another headquarters building. LAC KOOK KONGLAC KOOK KONG - 36 words
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499 1998-08-01 20 NARANDRA AGGARWAL - Singapore-made goods to China, Mexico, India and the Middle East grew by more than 20% B» By NARANDRA AGGARWAL EXPORTS of Singapore-made goods to emerging markets have become the bright spot in the country’s foreign trade, growing three times faster than the overall499 words
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Article539 1998-08-01 20 ByKALPANA RASHIWALA - By KALPANA RASHIWALA SUPERMARKET giant NTUC FairPrice said on Monday that it shrugged off increased competition to lift full-year turnover by nearly $100 million, or 13.5 per cent, to $820 million. FairPrice’s sales between October and December last year when foreign giants Carrefour and Royal Ahold539 words
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Page 21 Advertisements
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Advertisement963 1998-08-01 21 The Straits Times Weekly Edition sm ig NATIONAL KIDNEY FOUNDATION SINGAPORE The National Kidney Foundation (NKF) of Singapore is a non-profit, charitable organisation and a world leader in the treatment and care of kidney failure patients. It is the world's single largest non-profit provider of dialysis treatment, and it runs963 words
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Page 22 Advertisements
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Advertisement1112 1998-08-01 22 The future belongs to those who can set the pace to reach the ultimate in responsiveness and speed. Like Sing Tel, where we are taking bold steps to secure our position, investing in technology and global opportunities to the tune of more than S 2 billion in more than 201,112 words
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FORUM
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Article547 1998-08-01 23 I REM EMBER vividly how I queued to buy stamps to paste on my POSB deposit card. I grew up with POSBank and it has always been a bank that cares. POSBank has been more than a bank. It has been our guardian, showing and547 words
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424 1998-08-01 23 IT SEEMS ludicrous that at a time when the region is embroiled in an economic crisis, wild accusations and threats of Erotectionist barriers are eing bandied about. What has happened to the spirit of Asean? Is it something we hold up only when424 words
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Article, Illustration438 1998-08-01 23 SEVERAL letters have appeared touching on the issue of vagrant foreign workers in Singapore and the social problems that may arise. However, no one has got to the root of the problem. Firstly, the mindset of the average Singaporean should change. He should realise that foreign workersnofirosai.es - 438 words
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Article160 1998-08-01 23 I REFER to the letter “Worker ran away on advice of lawyer” by Mr Soh Oon Teck (ST Weekly, July 25). In the current economic climate, the plight of abandoned foreign workers is an issue which has attracted a lot of attention. If a worker has160 words
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Article241 1998-08-01 23 I REFER to the two letters, “111 miss you, POSBank” by M r Yap Kim Sang (ST, July 28) and “POSBank more than a bank" by Mr Teo Yi-Dar. The views shared by both Mr Yap and Mr Teo are sentiments shared bv many loyal241 words
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Article595 1998-08-01 24 Analysts welcome growth figure but ĔG Lee says economy is continuing to decelerate SINGAPORE'S economy managed to grow a “modest" 3.8 per cent in the first half of this year. Deputy Prime Minister Lee Hsien Loong said on Tuesday night. Brigadier-General (NS) Lee, whose595 words
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431 1998-08-01 24 Hi, NARENDRA AGGARWAL - Hi, Hi, NARENDRA AGGARWAL BUSINESSES should take a long-term view of .Asia’s potential and get their fundamentals right to be able to emerge stronger from the regional economic crisis, Deputy Prime Minister Lee Hsien Loong said on Thursday. And companies that pull out431 words
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Article, Illustration81 1998-08-01 24 T These three President’s Scholars received their scholarships from President One Teng Cheong at the Istana on Monday. They are, from left, Miss Lisa Gan, Mr Sim Kai and Mr Teo Tse Hsiang. Addressing them, President Ong said: “They must set the pace and aSTEVEN LEE - 81 words