The Straits Times : Weekly Overseas Edition, 18 March 1989
1989-03-18
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-03-18 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY. MARCH 18. 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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Article1029 1989-03-18 1 Pay rise for 76,000 from April THE Government yesterday took the fundamental and unprecedented step of paying Singapore’s 76,000 civil servants market rates by announcing a comprehensive package that will give them fatter pay packets from next month and, depending on the state of the1,029 words
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Article252 1989-03-18 1 Basic salary Up 7 per cent for Superscale officers across the board. Up 13-20 per cent for Administrative Service officers on Timescales. Up 7 per cent for Professional Services officers. Up 4 per cent for the rest of the Civil Service, including Daily-Rated Employees Variable bonus Everyone252 words
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Article862 1989-03-18 1 SALARIES In the Singapore Armed Forces will be revised to keep in step with, but ahead of, the elvii serviee, Second Minister for Defence (Services) Lee Hsien Loong told Parliament on Wednesday. This will be one of several measures to ensure that the SAF862 words
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Article, Illustration679 1989-03-18 1 CHENG SHOONG TAT - By CHENG SHOONG TAT THE Francis Seow tax evasion case took a new turn this week not only is he now deemed to be fit to travel home for trial, he also faces the prospect of having additional and more serious charges679 words
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Page 1 Advertisements
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Advertisement57 1989-03-18 1 DHS-116-IS4 <;/ C %«<•>.• i liil.H i„ Peace of mind HOME Budget 89 debate Four-page pullout inside Singaporean with $7.4m in dud traveller’s cheques held in Bermuda PAGE 2 Half-tank rule for motorists going to JB for cheap petrol PAGE 6 CAUSEWAY Umno dissidents and PAS close to agreement PAGE57 words
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HOME
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Article, Illustration523 1989-03-18 2 37,000 counterfeit TCs worth $7.4m allegedly found on him A SINGAPOREAN, who was arrested in Bermuda for cashing thousands of fake US$lOO traveller’s cheques, is a man of many faces and wanted by police in Europe and Asia. A senior523 words
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312 1989-03-18 2 ABOUT 470 illegal Thai workers have been bussed back to Thailand in the last three days. They are part of a large contingent of illegal Thai workers who have been given until the end of this month to leave the312 words
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103 1989-03-18 2 LAY off Chilean grapes for the time being. This is the advice from the Ministry of Environment following the discovery of two cyanide-laced grapes in the United States two weeks ago. A ministry spokesman said Singapore imports only a small amount of grapes103 words
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Article118 1989-03-18 2 THE Government has disallowed the import, sale and distribution of Salman Rushdie’s novel, The Satanic Verses, as it denigrates a major religion and its prophet. Book importers were informed of this last month, a statement from the Ministry of Communications of Information said. "The Government118 words
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Article46 1989-03-18 2 THE Consumer Price Index (CPI) last month rose by 1 per cent over the same month last year and 0.2 per cent higher than the January level. The biggest increase was in the price of clothing which went up by 2.1 per cent.46 words
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352 1989-03-18 2 JACQUELINE WONG - By JACQUELINE WONG MORE than half the members of the Singapore Youth Choir will miss school and university for a week in June and July while they tour six European cities and compete against premier international choirs in Wales. But352 words
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168 1989-03-18 2 THE LAST civilians to be enlisted into the Singapore Armed Forces from the familiar Central Manpower Base (CMPB) at Dempsey Road climbed into threetonners to go to their respective units on Wednesday. The present CMPB, which has served as the168 words
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Article71 1989-03-18 2 A TOP Singapore lion dance troupe will take to the stage at two major expositions in Japan later this month. The Singapore Chin Woo Athletic Association will perform the traditional flag and lion dances at Fukuoka Expo 'B9 and Yokohama Exotic Showcase ’B9. The71 words
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258 1989-03-18 2 SINGAPOREANS want to travel and neither higher air fares nor difficulty in getting seats is going to dampen their enthusiasm. Last year, they made a total of 844,491 trips, a 17 per cent increase over 1987. This works out to one trip for every three258 words
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Article, Illustration1117 1989-03-18 3 DPP spells out gravity of offence of fabricating false evidence THE new charges which lawyer Francis Seow could face come under the Penal Code, a district court heard on Wednesday. According to DPP Lawrence Ang,1,117 words
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Article187 1989-03-18 3 FRANCIS Seow can take a slow boat home from the United States if he still has a great fear of flying over oceans, DPP Lawrence Ang said. The suggestion was in response to Seow’s claim that his American doctors’ advice was that he should187 words
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1038 1989-03-18 3 DISTRICT Judge Sarjit Singh on Wednesday rejected an application hy former Solicitor-General Francis Seow’s two lawyers to discharge themselves as counsel in the $611,1100 tax evasion case against him. lie did so on the grounds that Scow had not asked for the1,038 words
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744 1989-03-18 4 SANDRA DAVIE - Report on the Advisory Council on the Aged By SANDRA DAVIE SET UP homes for the aged next to housing estates. Provide more government money to build and maintain old folks' homes. Expand the744 words
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105 1989-03-18 4 A MAN, suspected of setting fire to at least 22 motorcycles In the East Coast since last month, has been nabbed. Detectives caught the 4A-year-old suspect, a temple medium, at a carpark In Bedok North Road. As detectives watched, the man stopped among several105 words
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400 1989-03-18 4 A BUSINESSWOMAN hugged her son and wept with joy after she won her appeal against conviction and sentence this week for an armed robbery offence whose victim was her estranged husband. In setting aside Sim Ah Ngoh’s three-year jail term,400 words
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112 1989-03-18 4 A ONE-YEAR ban from the Bukit Turf Club succeeded in keeping two men at bay for only a day in one case and for two weeks in another. Goh Liam Kwee, 41, a construction supervisor, and Thang Chwee Sum, 31,112 words
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318 1989-03-18 4 HDB residents with more than one toy dog in their homes will have three months to give all but one away. Those who break the “one-toy-dog" rule face a fine of up to $4,000, under new rules effective318 words
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278 1989-03-18 4 IN A move which surprised its competitors here, Seagate Technology has started an aggressive recruitment drive for more than 1,000 production staff four months after it retrenched 800 workers. To recruit staff in the current tight labour market, the California-based278 words
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Article170 1989-03-18 4 SINGAPORE and the Soviet Union have signed a new, more liberal air agreement which allows unlimited flying rights over each other’s territory. Previously, airlines of the two countries were restricted to 20 overflights each week with any additional overflight requiring clearance from the respective authorities.170 words
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Article, Illustration133 1989-03-18 5 A MAN naiTowly escaped the gallows for trafficking in drugs, when he fell just 0.6 gram short of the 15 grams beyond which the death penalty is mandatory. Instead, Tan Kok Aun, 23, (above) was jailed for 20 years and given 15 strokes133 words
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Article, Illustration362 1989-03-18 5 He is happy with his modest single-storey semi-detached house in Thomson area THIS a mansion many Singaporeans would not even dare dream about living in. Imagine this: it stands on 47,000 sq m of land in District 11 enough space to build 25 bungalows.362 words
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Article, Illustration265 1989-03-18 5 THE President of the Industrial Arbitration Court, Mr Tan Teow Yeow, has been appointed Judicial Commissioner (JC) of the Supreme Court for two years. Mr Tan, 43, will concurrently remain President of the lAC. His lAC appointment, from Dec 5 last265 words
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272 1989-03-18 5 MORE than $llO million worth of contracts were signed at the Fujian trade fair in Singapore which attracted more than 30,000 visitors, mainly from the local Hokkien community. The 10-day exhibition, which ended on Monday, was extremely popular with272 words
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75 1989-03-18 5 -AFP. KATHMANDU Forty unclaimed gold pieces worth about US$lBO,OOO (*****,600) were found on Thursday in the toilet of a Singapore Airlines plane, Customs sources reported. The gold, which weighed 8.9 kg and was valued at 4.4 million rupees (*****,400), was seized by the-AFP. - 75 words
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Article, Illustration498 1989-03-18 5 CHUA CHONG JIN - Higher tuition fees By CHUA CHONG JIN READILY available loans will ensure that no deserving applicant will lose out on a university place as a result of the increase in fees announced last week. And students need have no fears over their ability to repay498 words
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89 1989-03-18 5 EIGHT Thais were charged in court this week for overstaying following a police swoop on the Golden Mile Complex over the weekend. The eight came to Singapore on social visit passes with the aim of finding jobs. However when their passes expired they failed to89 words
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Article, Illustration553 1989-03-18 6 Treasury losing s2m a month in revenue MOTORISTS leaving Singapore with less than half a tank of petrol face a fine of up to $5OO under a new Bill introduced in Parliament. Another Bill, the Road Traffic (Amendment) Bill,553 words
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91 1989-03-18 6 THREE armed men broke into a house in Bournemouth Road, Katong, last Saturday and robbed the oeeupants of $171,1M of valuables and cash, including SIM,Mu-worth of dowry jewellery. Businessman Kupo Naraindas and his family were asleep at 5.3* am when the intruders broke in91 words
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194 1989-03-18 6 THE Ministry of Education has asked the police to investigate a school for conducting a business degree programme without government approval. It is alleged that the Western Australian College of Advanced Education degree programme was run by a company here called SBT Business194 words
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Article31 1989-03-18 6 FIVE more hawkers, including one from the Satay Club at the Esplanade, have had their licences suspended for two weeks for offences which include operating stalls infested with cockroaches.31 words
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Article, Illustration116 1989-03-18 6 AN ASSISTANT vice-president of Citibank was charged on Monday with two counts of criminal breach of trust involving more than half a million dollars. Deputy Public Prosecutor Hamidul Haq, of the Commercial Affairs Department (CAD), told a district court that 110 keng I .ay.116 words
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613 1989-03-18 6 GOH ENG YEOW - By GOH ENG YEOW IN A move which is expected to bag more than $5OO million, the Urban Redevelopment Authority (URA) is selling nearly 13,000 sq m of prime land in the Central Business District and the Orchard Road613 words
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Article193 1989-03-18 6 A MYSTERIOUS blast partially damaged a public telephone booth on the void deck of a Housing Board flat in Yishun New Town last Monday. Senior police officers have not ruled out the possibility that gunpowder or a thunderflash caused the explosion at Block 821, Yishun193 words
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Article, Illustration1702 1989-03-18 7 Statement tells of warning to S’pore envoy of his ‘friends in high places’ Government statement on barring of Anthony Lester FOR the hearing of Teo Soh Lung’s habeas corpus case on March 6 to 8, 1989, the Government granted Mr Anthony Lester, Queen’s Counsel (QC)1,702 words
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348 1989-03-18 7 THE Government last Saturday released three more Internal Security Act detainees, former Singapore Polytechnic lecturer Chng Suan Tze, law graduate Kevin de Souza and amateur dramatist Wong Souk Yee. With their release, only lawyer Teo Soh Lung former church worker Vincent348 words
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225 1989-03-18 7 LAWYER Dolly Davenport, who owed a former client $60,000. was made a bankrupt yesterday in the High Court after she failed in a last-minute attempt to stave off the proceedings. She had offered to repay her creditor, Mr Golam Hossain, the $60,000225 words
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across the CAUSEWAY
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363 1989-03-18 8 Some jobless more than two years after graduation KUALA LUMPUR UNEMPLOYMENT among Malaysian graduates has reached "crisis proportions” and is likely to remain a problem in the medium term, an independent think-tank has decided. Datuk Dr Kamal Salih, the executive director of363 words
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118 1989-03-18 8 KOTA BARU The Kelantan State legislative Assembly was adjourned indefinitely after completing its business in 45 minutes. All 10 opposition Parti Islam members and three independent members were absent from the sitting. They were reported to be at the launching of the muzakarah ilmiah118 words
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392 1989-03-18 8 Kalimullah Haaaan - By Kalimullah Haaaan KUALA LUMPUR In-do-Chinese refugees arriving in Asean countries are no longer automatically eligible for resettlement from last Monday, Malaysia's Foreign Ministry announced. The decision was taken to prevent a mass exodus from Vietnam preceding the second International392 words
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Article142 1989-03-18 8 KUALA LUMPUR More than 51,000 Malaysians have given up their citizenship since independence and nearly 40,000 of them chose Singapore as their adopted country, according to the Sin Chew Jit. Poh. The newspaper said Deputy Home Affairs Minister Megat Junid told reporters at Parliament House that142 words
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Article, Illustration208 1989-03-18 8 No talking to local reporters any more Razaleigh Bernama. B ATI P AH AT leading Umno dissident Tengku Razaleigh Hamzah has said he wlll stop speaking to local reporters because he doubts their sincerity. “From today, I no longer want to speak or make statements to any reporter/' the formerBernama. - 208 words
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240 1989-03-18 8 months' time. — ISMAIL KASSIM - months' time. ISMAIL KASSIM. KUALA UJMPUR-A series of articles in a Malaysian magazine about Maria Hertogh, who was at the centre of an emotional court custody case in the *****, has stirred Islamic and nationalist sentiments among sections of the Malay community. Many support an240 words
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394 1989-03-18 8 ISMAIL KASSIM - By ISMAIL KASSIM: Kuala Lumpur THE leader of the Spirit of ’46 group, Tengku Razaleigh Hamzah, said on Tuesday that his group of Umno dissidents had reached agreement with the opposition Parti Islam (PAS) to form the Angkatan Perpaduan Ummah (United Islamic Front). Talking to394 words
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117 1989-03-18 8 KUANTAN Muslims In Pahang who apostatise or preach other religions to their fellow' Muslims will now be whipped, the Star reported this week. The State Assembly on Monday approved two amendments to the State Islamic Law providing for mandatory whipping of offenders, the117 words
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CAUSEWAY/ ASEAN
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Article, Illustration272 1989-03-18 9 KUALA LUMPUR leges Committee. Bernama, NST. NST. DEPUTY Home Minister Datuk Megat Junid Megat Ayub said this week that the Government had not received any information about a plot to topple the Prime Minister and his deputy, as allegedleges Committee. — Bernama, NST.; NST. - 272 words
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229 1989-03-18 9 Bemama. KUALA LUMPUR Britain has agreed to an extra two flights a week to London by Malaysia Airlines, the Malaysian Transport Minister Datuk Dr Ling Liong Sik said last week. MAS will now be able to fly to London seven timesBemama. - 229 words
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166 1989-03-18 9 Bernama. LONDON The British Prime Minister, Mrs Margaret Thatcher, paid a courtesy call on Datuk Seri Dr Mahathir Mohamad at the Malaysian High Commission in London on Wednesday, She was reported to have told the Malaysian Prime Minister she was “very, very pleased” aboutBernama. - 166 words
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Article102 1989-03-18 9 NST. REMBAU (Negri Sembilan) Cyanide occurring naturally in a strain of tapioca killed a four-year-old girl in Jelebu last week, officials said. Deputy Health Minister Datuk K. Pathmanaban said the Chemistry Department identified the cause of death after examining the victim’s urine and stomach contents. Urine– NST. - 102 words
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Article, Illustration362 1989-03-18 9 AFP. JAKARTA The armed forces faction in Parliament has cautioned that the restoration of Indonesia’s long frozen ties with China will take time and needs careful preparation. “Don’t think that (normalisation) may materialise within a short time or so," the official– AFP. - 362 words
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226 1989-03-18 9 BANGKOK A Thai opposition MP has warned that the plan to create an industrial complex and a deep-sea port in Krabi, near Phuket Island, would spoil the southern province’s booming tourism industry, several Bangkok newspapers reported. Mr Preecha Boonmee, a Prachachon Party226 words
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Article78 1989-03-18 9 fighterjets offer AFP. MANILA The Philippines has asked Italy to accept prawns as partial payment for air force trainer jets under a countertrade arrangement, the Agriculture Department said. The Philippine Air Force plans to buy 18 trainer jets from the Italian firm, Agusta, for US$73 million (Ssl4o million) under aAFP. - 78 words
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Page 9 Advertisements
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Advertisement215 1989-03-18 9 NATIONAL UNIVERSITY OF SINGAPORE RESEARCH SCHOLARSHIP Research Scholarships are available to outstanding university graduates registered for, or admissable to, master’s and doctor’s degree programmes by research at the National University of Singapore. The Scholarships are tenable for one year in the first instance and, subject to satisfactory progress renewable annually215 words
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COMMENT/ Pick of the week’s editorials
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Article625 1989-03-18 10 MARCH 18, 1988 THE strength of any relationship between two countries is dependent not only on what they have in common, but also on their determination not to allow differences which might arise from time to time to sour their ties. This is how relations between Singapore625 words
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Article656 1989-03-18 10 MARCH 16 1989 IF a script had been written for the unfolding of the government’s transport policy which will culminate in the coming debate on the budget of the Communications and Information Ministry, it could not have contained more drama than what was witnessed656 words
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Article635 1989-03-18 10 MARCH 14 1989 THOSE of us who will grow old some time in the future should make it a point to read the Report of the Advisory Council on the Aged released last Saturday. If that should include almost all Singaporeans as the average lifespan is635 words
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643 1989-03-18 10 ONE PLUS ONE THERE was a time here in Singapore when Chinese parents sent their children to Chinese schools in the morning, and English schools in the afternoon or vice versa. Not many of us today, I bet, would know this least643 words
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Article204 1989-03-18 10 “There is no sadder sight on earth than a commando who has passed his prime, hunched, pot-bellied, tired, no longer able to jump out of an aeroplane, but still wearing a red beret and a chest full of badges. It does not do us credit.” Second Minister for204 words
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PARLIAMENT
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House debates the Finance Minister’s Budget speech
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Article, Illustration768 1989-03-18 11 Govt has fulfilled primary duty to the people Dr Hu ‘Responsibility of providing basic needs fully discharged’ REPORTS OF PARLIAMENTARY PROCEEDINGS MARCH 13-16, 1989 THE Government has discharged fully its primary duty to the people by meeting all their basic needs, Finance Minister Richard Hu declared in Parliament on Tuesday.768 words
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Article, Illustration1076 1989-03-18 11 FOR one and a half days of debate, MPs pointed out the inadequacies of tax incentives aimed at encouraging more babies or getting Singaporeans to look after handicapped or aged family members. The unfairness to the poor of an indirect consumption tax was also another1,076 words
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Article, Illustration838 1989-03-18 12 Tax reliefs hailed as compassionate, fair and innovative FARM AMENT began the debate on Finance Minister Richard Hu’s Budget statement on Monday with 18 MPs giving the thumbs-up for its pro-family package and making suggestions on how it could bo improved. Many838 words
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432 1989-03-18 12 DR ALINE Wong (Tampines GRC) warned that the proposed university fee hike would impose hardship on students and, if continued, could result in only a privileged few being able to afford a university education. She described the increase as a432 words
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434 1989-03-18 12 MR S. CHANDRA DAS (Cheng San GRC) said he supported the proposal to raise ministers' pay but said their salaries should not be linked to those of civil servants’. He also suggested that besides pay rises, ministers should be provided434 words
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324 1989-03-18 12 REPORTS by SUMIKO TAN, BERTHA HENSON, RUSSELL HENG, SALIM OSMAN, MIKE YEONG, AHMAD OSMAN, HAN FOOK KWANG, ZURAIDAH IBRAHIM, LEONG WENG KAM, LOONG SWEE YIN; KOH BUCK SONG - REPORTS by REPORTS by SUMIKO TAN, BERTHA HENSON, RUSSELL HENG, SALIM OSMAN, MIKE YEONG, AHMAD OSMAN, HAN FOOK KWANG, ZURAIDAH IBRAHIM, LEONG WENG KAM, LOONG SWEE YIN KOH BUCK SONG. MR LEONG Horn Kee (Thomson) made a plea to324 words
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924 1989-03-18 13 But BG Lee rules out an arms race with neighbours Allocation for Defence Ministry SINGAPORE is secure and prosperous today because it has been willing to regularly commit 6 per cent of its Gross Domestic Product to defence spending and put in manpower,924 words
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231 1989-03-18 13 SINGAPORE and its closest neighbours have begun a number of new initiatives which will help promote stronger bilateral military ties, BrigadierGeneral (Res) I,ee Hsien Loong said. These include joint army exercises between the Singapore and Malaysian armed forces, and the development231 words
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619 1989-03-18 13 Allocation for Judiciary THE Government has accepted, in principle, the concept of a permanent Court of Appeal for Singapore and will take steps to make it reality, Ijiw Minister S. Jayakumar told Parliament on Wednesday. One such step will be pay revisions619 words
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461 1989-03-18 13 NON-CONSTITUENCY MP Lee Siew Choh, who opposed the idea of national service when it was mooted in the 60s, came around to accepting it in principle on Wednesday. Brigadier-General (Reservist) I,ee Hsien Loong had pressed the former Barisan Sosialis leader to461 words
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Article, Illustration449 1989-03-18 14 Allocation for Ministry of National Development THE Government is striving to turn Singapore into one of the great cities of the world, perhaps the first developed city in the equatorial belt, by the turn of the century. It449 words
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508 1989-03-18 14 Noting that the DGPs for the civic and cultural district and the Kallang Marina area had already been released for public viewing and comments, Mr Dhanabalan stressed that other DGPs would also be released. The508 words
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Article157 1989-03-18 14 THE Singapore River area will be made an attractive place for people to relax, with pleasant landscaping, shady walkways and river activities like fishing and canoeing, Mr Dhanabalan told the House. However, barbecue pits and campsites are out. he told Mr Peh Chin Hon (Jalan Besar157 words
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311 1989-03-18 14 Ministry of Law Francis Seow and ‘the long arm of the law’ by Jaya INVESTIGATIONS Into the activities of lawyer Francis Seow In the United States underline just how far the Government Is willing to go to bring “crooks, criminals and evaders of justice” to book, Professor S. Jayakumar said311 words
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Article, Illustration328 1989-03-18 14 CORRUPT Practices Investigation Bureau officers had gone to Bangkok in an attempt to locate and bring back fugitive Phey Yew Kok, even though Singapore did not have an extradition treaty with Thailand, Parliament heard on Thursday. Home Affairs and I .aw328 words
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TIME$
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Article, Illustration653 1989-03-18 15 DAMIEN LIM - Chartist: Singapore only half way through bull mart By DAMIEN LIM THE Singapore stock market is in a position to challenge its all-time high of 1,505.4 points later this year or in early 1990. This was the bold prediction made by Mr653 words
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306 1989-03-18 15 PROPERTY tycoon Ng Teng Fong’s Ming Court Hotel Ltd has turned in its best performance in four years, rebounding into the black last year with a healthy pre-tax profit of $3.51 million. Prospects this year also loon good, with visitor arrivals306 words
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474 1989-03-18 15 390 million – DAMIEN MM - TIMES Publishing Ltd made an Impressive debut on the Singapore stork market yesterday. The new shares were traded at $4.16 to $4.71 before closing at $4.18. A total of 1.5 million shares changed hands. (See Share market report: Page 17). $390 million DAMIEN MM.474 words
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147 1989-03-18 15 THE Government netted a total of $1.28 billion between November 1985 and January this year from divestment of companies which it owned fully or in part. Minister of State (Finance and Foreign Affairs George Yeo, who disclosed the figures on Tuesday in reply147 words
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Article, Illustration535 1989-03-18 15 DAMIEN LIM - Disclosure by Bond Corp follows TV show By DAMIEN LIM HOTEL magnate and businessman Ong Beng Seng has been identified as the buyer of the 584-room Sydney Hilton in the midst of a boiling controversy in Australia over the Bond Corporation's535 words
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138 1989-03-18 15 KEPPEL Corporation is selling the 17.5 million shares it owns in soon-to-be-listed Steamers Maritime Holdings to shipbuilder Singmarine Industries at the offer price of $1.20 each, or a total of s2lrr. The move has not beer, unexpected. Keppel said ir. Steamers' flotation prospectus138 words
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Article4676 1989-03-18 16 TRANSACTION DATE: MAR 17, 19M/M T«l High Low Codo Company 89 Last Sala orGrs Y’W Vol Day 000) High Low Last Quota Buyar Sailor SECTION ONE INDUSTRIAL COMMERCIAL 162 95 to 1000 Acma 139 •1 07 156 141 137 139 140 65 42 1001 Alcorn 784,676 words
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Article57 1989-03-18 17 The day-to-day ST Industrial Indices and the daily turnover for the week: MONDAY: 1,180.38 points (up 5.52); 50.9 m units (value $90.6m); TUESDAY: 1,188.97 (up 8.59); 102.8 m units ($214.5m); WEDNESDAY: 1,179.91 (up 12.94); 117.9 m units ($211.5m); THURSDAY: 1,185.79 (up 5.88); 95.4 m units ($197.2m); FRIDAY:57 words
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Article72 1989-03-18 17 Rubber Closing prices cents/kilo Singapore April 206 50 cents down 1 50 cents Malaysia April Tin 301 00 cents unchanged Closing prices M$/kilo Kl Tin Turnover 24 37 down si* cents 30 tonnes down 30 tonnes Palm oil Crude palm oil MS/tonne March 952 50 (south) 945 (north)72 words
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Article57 1989-03-18 17 TIIK New Straits Times Index rose 54.25 points to 2,132.51 on the week. MONDAY: 1,983 points (up 0.84); 13.39 m units (value Ms26.K6m); TUESDAY: 1,991.47 (up 13.47); 21.31 m units (M542.43m); WEDNESDAY: 2,624.03 (up 27.58); 31.42 m units (M589.02m); THURSDAY: 2,030.32 (up 6.29); 27.17 m units (M557.49m); FRIDAY:57 words
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Article48 1989-03-18 17 THE Hongkong Hang Sena Index rose 57.95 points to 3,138.94 points on the week. MONDAY: 3,921.89 points (down 16.92); turnover HK11.41 billion; TUESDAY: 3,934.79 (up 4.91) HK11.34 billion; WEDNESDAY: 3,995.91, (op 61.12); HK12.14 billion; THURSDAY: 3,159.85 (op 54.94); HK12.39 billion; FRIDAY: 3,138.94 (down 13.91) HK52.29 billion.48 words
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310 1989-03-18 17 Weekly sharemarket report IT WAS a week of records at the Singapore Stork Exchange. The Straits Times Industrial Index soared to its highest post-Crash level on Tuesday when it hit 1,166.97 points, then climbed to new heights for the rest of the week.310 words
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Article371 1989-03-18 17 Mai 17 HK1 Chmjt Assoc Inti Hotel» 380 -0 175 Bonk O* East Asio 1650 unch Capitol Corp SUSP Cathay Pacific Air 9 55 0 1 Cheung Kong Chmo Light 1050 1400 ■0 1 ■02 City Resource» 0 87 Cro»t Horb Tunnel 1560 unch Dao Heng I371 words
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175 1989-03-18 17 Counter rates Singapore dollars to one unit of foreign currency Foreign Currency Buying OD Selling US dollar 1 9250 1 9430 Sterling pound 3.2972 3 3488 Australian dollar 1 5702 1 6088 Canadian dollar 1 6047 ***** NZ dollar 1.1750 1 2085 Singapore dollars175 words
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495 1989-03-18 18 SHARON LAU - By SHARON LAU CLOB or Central Limit Order Book, the Singapore Stork Exchange's computerised “floorless" trading system, which was recently implemented on the main board, is being described as a boon to investors and brokers alike. Under this system,495 words
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Article294 1989-03-18 18 Managers' prices for March 18 20 Singapore Unit Trust the Commeice 1 06 11? the Sa»ipgs fund 0 90 0 96id Spore Prog fund 0 41 0 45 Spore Set fund 0 69 0 /4 Spore Invest fund 0/4 0/9 Spore (quit* fund Asia Unit Trust 0 60294 words
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442 1989-03-18 18 ELAINE KOH - ELAINE KOH in Business limes FIRST CAPITAL Corporation has reported a bottomline profit of $52.45 million last year, largely thrown up by the surplus from its sale of The Promenade and Robinson Centre. The one-off gain of $53.12 million more442 words
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Article525 1989-03-18 18 Week ended Feb 10. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss 000) Van der Horst $1,336 ($4.4391) Sept 88 Preliminary results Gross Group pre-tax Year to Company dividend profit/loss ('000) ABN 28(2/) 611b (517b) Dec 88 AsiaticCompiled by Business Times. - 525 words
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118 1989-03-18 18 THE Hong Leong group did not receive any additional acceptance for its takeover bid for Apollo Enterprises at the third close of the offer last Friday (March 10). As such, the group's interest in Apollo remains at 33.68 per cent, following acceptances for118 words
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190 1989-03-18 18 TONNAGE Investment Lines Ltd SA, the private investment vehicle of Promet chairman Datuk Brian Chang, has regained its substantial shareholdings in the civil engineering and property group. The Panamanian-regis-tered company recently acquired 91.67 million Promet shares to return as a major shareholder190 words
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Article, Illustration496 1989-03-18 19 LIM ENG HAI - Fugitive tycoon reveals shareholdings in three comanies By LIM ENG HAI FUGITIVE Malaysian hotelier Tan Sri Khoo Teck Puat has recently disclosed precisely how many shares he controls in three Singa-pore-listed companies Central Properties, Goodwood Park Hotel and Hotel Malaysia. In separate notices to496 words
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338 1989-03-18 19 A TAKEOVER of Hotel Tai-Pan Ltd, which seemed imminent a week ago, now appears to be in limbo, judging from the first official statement to be released on the subject. Jack Chia-MPH Ltd, one of several companies through which Mr Jack Chiarapurk controls338 words
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514 1989-03-18 19 and Taiwan. — R. RAJENDRAN - and Taiwan. R. RAJENDRAN. INVESTMENT HOLDING company Inno-Pacific Holdings, which is making a cash call of some $54 million through a rights issue, has forecast a fall in pre-tax profits for this year despite a substantial increase in turnover. The company, which holds514 words
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Article334 1989-03-18 19 10 cents a share. — DAMIEN LJM - 10 cents a share. DAMIEN LJM. SHANGRI-LA Hotel Ltd, the owner and operator of the world-renowned hotel of the same name in Orange Grove Road, has turned in its best ever results in its 18-year history. The group rang in a 78per cent higher pre-tax profit334 words
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Article662 1989-03-18 19 Currant Ei Books Data Total tor Total tor payment data ctoea payable the year teat year Asiatic Dav 35% hAo v 22 Jun 5 Jul 4 55% 5% Austral Amal 20% til fab 17 Mo- 3 Mar 23 20% 25%, Avimo IS%TE Mo- 1 Ma- 13 Moy 15662 words
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FORUM
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905 1989-03-18 20 On the Prime Minister’s interviews with Taiwan journalists IT WAS with great interest that I read the excerpts of the Prime Minister’s interviews with the journalists from Taiwan (ST, March 10). I share his regret that Chinese primary schools have become a rarity in905 words
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371 1989-03-18 20 I REFER to the report “Pay rise for ministers, too" (ST, March 8). The high-level Committee on Civil Service Careers and Scholarships obviously did not include the trade unions, especially those representing civil servants or low-level civil servants, in the committee.371 words
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Page 20 Advertisements
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Advertisement228 1989-03-18 20 The Strait-s'nmes Eg» Now. keeping in > touch with what’s happening in Singapore couldn't be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size, it fills you in228 words
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Advertisement93 1989-03-18 20 THE Straits Timas walcomes lattars from you. Your lattars must include your signature, full name, address, and home and office telephone numbers, if any. They should preferably be typed, double-spaced, on one side of the paper. You may add a pseudonym if you wish. But we would prefer your using93 words
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Page 21 Advertisements
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Advertisement514 1989-03-18 21 EM 1987, WE ANNOUNCED A COMMITMENT. u ,v to i f P “r„£ today; we will re-affirm it. HP Singapore’s Network Operation our very first S$35 million R&D investment concentrating on state-of-the-art computer networking software technology is in full swing. It’s a milestone. A major project for us. One that514 words
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Page 22 Advertisements
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Advertisement1010 1989-03-18 22 APPONTMENTS Aaawi A wholly American owned manufacturing Company located in Tuas. Jurong has immediate vacancy for the post of: FIELD SERVICE ENGINEER The job: Serve as a Field Man On The Job on projects requiring a manufacturers representative who is able to instruct and advise as to the installation and1,010 words
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TIMESPORT
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Article, Illustration514 1989-03-18 23 LIONEL LEE - He fails to turn up at hearing of appeal By LIONEL LEE JOCKEY Edward Chan’s appeal against a life disqualification has been dismissed at a hearing by the appellant committee of the Malayan Racing Association. The hearing, which had been postponed several times since the514 words
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Article425 1989-03-18 23 SBC lines up series of live telecasts WATCH the Littlewoods Cup final at Wembley next month, then catch the US Masters at the hallowed Augusta golf course the next day. No air tickets, no hotel bills sit tight in your armchair and the Singapore Broadcasting425 words
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Advertisement739 1989-03-18 23 REACH SINGAPORE FROM HOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31 Jalan Riong. Kuala Lumpur ***** Tel: *****44 Cable: 'New Times’ Tlx MA ***** Fax: 03 *****34 U.K.: Mr John Armour/Mr R. Ramesh The Straits Times Press (London) Ltd 102-106 Temple Chambers,739 words
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425 1989-03-18 24 LAW and Home Affairs Minister S. Jayakumar told Parliament on Wednesday he was surprised hy the British government’s protest against Singapore’s recent decision to ban Queen’s Counsel Anthony Lester from working here. The British Foreign Office had issued a formal statement425 words
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Article365 1989-03-18 24 ALAN HUBBARD - By ALAN HUBBARD i Europe Editor LONIXIN The British Foreign Office on Thursday said it did not anticipate "getting involved in a battle" over the Anthony liester case. It was responding to the Singapore Government’s statement expressing regret at the British Government’s protest over the banning365 words
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Advertisement7 1989-03-18 24 Nikon O Thm World'* Finont PhotogrtpMc System7 words
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