The Straits Times : Weekly Overseas Edition, 22 April 1989

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, APRIL 22, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/88
    20 words
  • 741 1 Illegal workers won’t be blacklisted In spirit of friendship’ SINGAPORE has agreed to allow the estimated 9,800 Thais who were repatriated to Thailand last month for working illegally in Singapore to return to work here legally. This was disclosed on Wednesday by a Foreign
    741 words
  • 132 1  -  Department If they wished to return to Singapore to work. TAN MAN HOO. BANGKOK Air Chief Marshal Siddhi said on his return from Singapore that he was very pleased with the sueeessful outcome of his talks. “1 got more than I expected,"
    132 words
  • 1024 1  - Mahathir won’t stop Hume bid for MultiPurpose By KALIMULLAH HASSAN Kuala Lumpur PRIME MINISTER Datuk Seri Dr Mahathir Mohamad has said he will not block Hume Industries’ bid to take control of MultiPurpose Holdings Berhad, the investment arm of the Malaysian Chinese Association. "The government cannot interfere and obstruct what
    1,024 words
  • 136 1 A 72-YEAR-OLI) man was jailed for nine months yesterday for selling glue illegally knowing that it is likely to he used for inhalant abuse. Tan Kiang Long, who used to own a bicycle repair shop, is the first and only person to be and convicted
    136 words
  • Page 1 Advertisements
    • 57 1 Consortium to make counter-bid Page 24 FOCUS How good are our specialists? PAGE 13 HOME 58 caught on first day of ‘half-tank rule’ PAGE 3 Law grads find jobs hard to get PAGE 6 CAUSEWAY Daim: I don’t have proxies looking after my business PAGE 9 TIMESDOLLAR PAGES 15-19 I
      57 words

  • HOME
    • 497 2  -  They’re told to turn back and top up, but are spared fines By DOMINIC NATHAN FIFTY-EIGHT Singapore motorists were turned back at the Woodlands Checkpoint when they were found to have violated the “half-tank rule”, which came into force on
      497 words
    • 182 2 A FILIPINO woman has been charged with using a Singapore identity card to get admitted into two hospitals to deliver two babies. Edna Abobo was charged last week with using a Singapore identity card to bo admitted to Kandang Kerbau Hospital to deliver
      182 words
    • 358 2 THE newly-restructured Sheng-Li group on Wednesday announced plans to step up its high-tech investments abroad as part of an aggressive move to globalise its business. The Government-owned group's new industrial arm, Singapore Technologies Industrial Corporation (STIC), plans to invest in start-up companies in
      358 words
    • 80 2 A TOTAL of 182 pirated cassettes, worth about SI,3M, were seized In three raids yesterday. The tip-offs that led to the raids came from the public after a reward of %o% was offered for the return of a pirated sound recording and information on the
      80 words
    • 287 2  -  By JUDITH TAN STUDENT “preachers” have gone around the National University of Singapore campus to try to runvert fellow undergraduates who are on an emotional low after falling their examinations. And the university authorities want to put a stop to this, describing it
      287 words
    • 161 2 GETTING rolled over by a car doesn't bother VSC Inspector Peter Chong at all he's a martial arts expert who has done the stunt over and over again. But. warns the sixth-dan karate black belt, who is the highest-ranking karateka in the region, no one
      161 words
    • 539 3  -  Murdered even before ransom negotiations began By BRENDAN PEREIRA A JEWELLER who was found dead with a cushion cover over his head last Saturday was a victim of kidnappers who had demanded $1 million from his family. Hut unlike previous cases,
      539 words
    • 283 3 A SOCCER fan who took a flying kick at the referee during a controversial Premier League match was jailed for three weeks and fined $5OO this week. The kicked missed. Elias bin Awang, .'l4, an employee of a
      283 words
    • 479 3 SIXTY-FIVE Administrative Service Officers, or about a third of the Government’s elite service, have been promoted in a major upgrading exercise. The promotions, announced in a brief joint statement on Tuesday from the Prime Minister’s Office and Public Service Commission, followed the salary adjustment for
      479 words
    • 263 3 FOUR employers were separately charged on Thursday with illegally employing 12 foreigners at Bukit Gombak construction sites. Facing seven charges is Kwen Wai Mun, 36, who allegedly had six Indian nationals, aged 23 to 35, who had overstayed working for him between March 30
      263 words
    • 258 3 RETIRED banker Lim Jun Ying was charged on Tuesday with accepting two bribes totalling S2S, (XX) for allegedly recommending the approval of S2.H million worth of credit facilities to a wholesaler. Lim, 56, was general manager of Malayan Banking Berhad when he allegedly received
      258 words
    • 916 4 Trend affecting other social factors like distribution of wealth and influence Latest report on Religion in Singapore SINGAPOREANS were switching religions in a notable way throughout the 1980 s. In so doing, they were also shifting other social factors like the distribution of wealth
      916 words
    • 450 4 NON-BELIEVERS among those surveyed in the 1988 study were a mix of people who perceived religion differently and had very different reasons for professing no religion. However, virtually all had one trait in common: All but three of the 179 people in the study who claimed
      450 words
    • 454 4 BESIDES seeking to establish the number of religious adherents in Singapore and their particular faith, the 1988 survey also tried to ascertain Singaporeans' attitudes on religion and how devout they considered themselves. It found that almost half of the respondents who
      454 words
    • 841 5 Report by Advisory Council on Youth A NATIONAL Youth Council, made up of individuals who are concerned about young Singaporeans, will be set up soon to plan, co-ordi-nate and manage youth affairs. This is one of several wide-ranging
      841 words
    • 161 5 THE Advisory Council on Youth noted that the fear of losing out or the kia so mentality lay behind the attitude of young people to education, work and other aspects of life. Mr Abdullah Tarmugi, council deputy chairman, said it was not Just
      161 words
    • 244 5 THE Education Ministry is considering a proposal to add an extra year to secondary school so that students will have more time to get a well-round-ed education. The Advisory Council on Youth has proposed that an extra year would enable the
      244 words
    • 96 5 THE Committee on Young Adults, one of the three panels under the Advisory Council, called for a five-day week to allow more time with families and other pursuits. Asked about this, BG Lee said although a five-day week would help to bring about a more
      96 words
    • 40 5 THE council has proposed that the annual Youth Day should be for all youths, not only for those in school. On that day, the nation should recognise the contributions of young people by presenting National Youth Service Awards.
      40 words
    • 365 5 Patient died after brain operation NEUROSURGEON Dr I.im Djoe Phing, 43, has been suspended for 12 months following an inquiry by the Singapore Medical Council into his professional conduct. The suspension brings to a close one of the longest and most complex inquiries
      365 words
    • 119 5 A NATIONAL serviceman, driving a jeep along a dark, sandy and bumpy stretch through Choa Chu Kang Cemetery during a military exercise, died instantly when it overturned, pinning him under it. A coroner’s court heard that Mr Alvin Lim Kim Cheong, 18, was
      119 words
    • 427 6 450 vie for 80 places in biotechnology’ THE number of top 0 level students opting for polytechnics has more than doubled from 174 last year to 356 this year. These students have opted for Ngee Ann and Singapore polytechnics
      427 words
    • 242 6 TUO little girls, left alone after their mother went off to huy food, were burnt to death when a fire gutted their kampung home off Jalan Bahar, Jurung, on Monday afternoon. The severely burnt bodies of three-year-old Rohan! hint! Hadnawl,
      242 words
    • 299 6 THE peaceful rest of the dead at Mount Vernon Columbarium is being disturbed by a spate of vandalism acts attributed by some to rivalry between contractors of memorial tablets. The inscribed granite tablets enclosing the urns containing the ashes of several dead people have been defaced
      299 words
    • 245 6 A SINGAPORE Airlines chief steward was fined $6,000 on last Friday after he was found guilty of corruptly acting as a paid courier for a shop in Singapore while on duty. Steven Tang Nga Kow, 32, who had claimed trial in a
      245 words
    • 635 6  -  By SERENE LIM NEW lawyers are finding it increasingly difficult to get jobs with law firms, even when they ask for a starting salary as low as $BOO which is what a production operator is being paid. Of the 165 new lawyers
      635 words
    • 86 6 A FILIPINO maid who stole various items from her employer over a period of more than a year was sentenced to a month’s jail by a magistrate’s court this week. Susana B. Corrales, 31, pleaded guilty to stealing a radio worth $250, a wallet worth $7O and
      86 words
    • 467 7 Price not revealed, but ‘close to s6oom’ hint OIL giant Shell yesterday concluded the deal to buy over most of the Singapore Government’s half-stake in the $2 billion petrochemical complex here. But the final price it paid was not revealed.
      467 words
    • 177 7 ANGRY with the s.'l tip he had been given by a woman golfer, a 19-year-old caddy retaliated by secretly giving her a picture of his private part. Caddy Zainal Abiden bin Sharrif had been asked by Mrs Sadako Ogasawara, 37, to take pictures
      177 words
    • 29 7 TWO ministers Education Minister Dr Tony Tan and the National Development Minister, Mr S. Dhanabalan, attended the Singapore Chinese Girls’ School 90th anniversary concert on Monday night.
      29 words
    • 259 7 THIS time it is final Change Alley will close for good on April 30. That is the absolute deadline the authorities have given the shopkeepers and hawkers to clear their stocks. A Housing Board Resettlement Department source confirmed that the Change Alley shops
      259 words
    • 94 7 A RECORD 98.6 pel' cent of reservists reported to their units within six hours of activation in the latest open mobilisation exercise last Saturday. This fastest-ever response to an open mobilisation exercise, revealed by Second Minister for Defence (Policy) Yeo Ning Hong on Tuesday,
      94 words
    • 193 7 TWO MEN were charged in a district court last Saturday with attempting to bribe three Singapore National Under-16 footballers to throw an international match. They are Mohd Din bin Asrap, 40, a Malaysian, owner of a sportswear shop, and his store-keeper, Rafizi
      193 words
    • 495 7 A NOVEL point on whether a court here can deal with a complaint against a Singapore lawyer’s conduct overseas was raised before a court of three judges week. The Law Society contends that a Singapore court has jurisdiction in taking disciplinary action
      495 words
    • 204 7 A THREE-JUDGE court has granted leave to a lawyer who has been suspended for two months for improper conduct to appeal to the Privy Council. The application for leave to appeal to the council’s judicial committee was made by Mr Mohan Singh
      204 words
    • 223 7 EX-LAWYER Philip Wong Kai Chucn, recently struck off the roll, was made a bankrupt in the High Court last week after he failed to return $235,700 owed to a woman. Wong is helping the Commercial Affairs Department investigate a case of criminal
      223 words
    • 135 7 A SEAFOOD hawker at the Newton food centre has had his licence suspended for two weeks for harassing customers to patronise his stall. According to the Ministry for the Environment, stall No. 60, operated by Lou You Hai, was one of the seafood stalls against
      135 words
    • 628 8 Travel trade faces new problem too many tourists, too few facilities PATA ConSerence ’<B9 in Singapore THE travel industry in the Asia-Pacific is facing a new problem there are too many tourists but 100 few facilities to cater to them. And the number is increasing so fast that by the
      628 words
    • 385 8 POLITICAL stability and strong economic structure are the cornerstones on which tourism development is built. This was the point made by President Wee Kim Wee in a speech read out by the Trade and Industry Minister, Brigadier-General (Res) Lee Hsien
      385 words
    • 57 8 SINGAPORE hotel room rates are expected to remain competitive, despite a predicted 28 per cent Increase by the end of this year. Speaking at a Pata press briefing, Mr Joseph Chew, executive director of the Singapore Tourist Promotion Board, said the average room
      57 words
    • 452 8 Sharp drop in March babies worries Govt THERE was a 10-|>er-cent drop in the number of babies born last month, compared with the same period last year and indications are that the number will fall further in the future. Acting Health Minister Yeo
      452 words
    • 217 8 SIX Singapore companies which wont on a recruitment drive in the United States and Canada last month said the trip was well worth their while The companies Singapore Airlines, Philips, Sony, General Motors, Motorola and Archive went on the joint
      217 words
    • 189 8 POLICE have arrested 108 loan-shark suspects in an islandwide crackdown on illegal moneylending activities in the past four months. The operations were conducted in Housing Board estates in Geylang, Ang Mo Kio, Yishun, Bedok, Changi, Clementi, Balestier and Jurong, said the Police Deputy Commander
      189 words
    • 66 8 THE North Korean ViceMinister for Foreign Affairs, Mr Choi Su Hon, met officials from the Ministry of Foreign Affairs yesterday. Mr Choi, who arrived on Thursday and left yesterday, met Parliamentary Secretary Yatiman Yusof and Permanent Secretary Peter Chan. A ministry spokesman said they discussed developments
      66 words







  • across the CAUSEWAY
    • 635 9 ‘I sold all my shares after I became a minister’ KUALA LUMPUR Finance Minister Datuk Paduka Daim Zainuddin has said that he had never appointed his close friends as proxies to run his business after he
      635 words
    • 138 9 Bernama KOTA BARU A deputy minister in the Prime Minister’s Department has suggested that a study be made to find out why 600,000 Malaysian women between the ages of 30 and 34 years are still unmarried. Datuk Dr Siti Zaharah Sulaiman told reporters
      – Bernama  -  138 words
    • 31 9 KUALA LUMPUR Former Director-General of Education Tan Sri Dr Hamdan Sheikh Tahir, 62, has been named as the new Governor of Penang, the Malay-language Utusan Malaysia reported yesterday.
      31 words
    • 335 9 DAP leader freed from detention Bernama. PETALING JAYA Opposition leader Lim Kit Siang, who was released from detention under the Internal Security Act (ISA) on Wednesday afternoon, will resume all his previous political posts, including that of SecretaryGeneral of the
      Bernama.  -  335 words
    • 75 9 Bernama. KUALA LUMPUR Two more judicial commissioners having the same powers as a High Court judge were appointed last week, bringing their number to five. The two are former Chief Registrar of the Supreme Court Datuk Moh- tar Abdullah, 45, and veteran lawyer Richard
      Bernama.  -  75 words
    • 530 9 Bernama. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad’s comments on the country’s judiciary last year were made in good faith and out of a desire to see that judges in the country conduct themselves in the highest tradition of the
      Bernama.  -  530 words
    • 149 9 KUALA LUMPUR Malaysia’s first private radio station operating from Johor will go on the air in September, with its transmissions covering the southern half of Peninsular Malaysia and Singapore, the Malaysian Business Times reported on Monday. Officials of Syarikat Mados, the company which
      149 words
    • 316 10 NST. KUALA LUMPUR aueasian-looking models can continue to appear on television commercials after July 1 If they are shown with models who look like Malaysians, Information Minister Datuk Mohamed Kahmat said last Sunday. “We have told advertisers that if the
      NST.  -  316 words
    • 249 10 Bernama. KUALA LUMPUR Former Flank Negara clerk Harun Othman and lawyer Che Man Che Mud were separately charged on Monday in the sessions court in connection with the M 522.2 million (5515.6) Bank Negara fraud. Harun, 37, a clerk in the
      Bernama.  -  249 words
    • 386 10 Party needs only 40,000 more to match previous membership Bernama KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad said on Monday that Umno has regained its strength as the largest political party in Malaysia. He said Umno needed only another 40,000 members
      Bernama  -  386 words
    • 160 10 KUALA LUMPUR Among the hundreds of unclaimed prizes in last year's Social Welfare lottery draws is the top prize of Msl.s million (551.05 million). "No one has come forward to claim the prize," said Lottery Board general manager Mohamad Ralhi Ishak on Tuesday.
      160 words
    • 66 10 KUALA LUMPUR Palestinian leader Yasser Arafat will visit Malaysia for three days in June, Berita Harian Malaysia reported. Quoting a Foreign Ministry source, the daily reported that Mr Arafat will be a guest of the Yang di-Pertuan Agong. This will be his second visit but
      66 words
    • 351 10 ALOR STAR I’artl Islam (PAS), Berjasa and the Spirit of ’IB group, led by former Trade and Industry Minister Tengku Razaleigh Hamzah, will contest the next general election under the banner of the United Islamic Front or Angkatan Perpaduan Ummah
      351 words
    • 120 10 Bernama KUALA KANGSAR The Raja Muda (Crown Prince) of Perak, Raja Nazrin Shah, has been appointed the Regent of Perak. His appointment takes effect next Wednesday when his father, Sultan Azlan Shah, becomes the ninth Yang di-Pertuan Agong. The Raja Muda is an Oxford University
      – Bernama  -  120 words
    • 319 10 Bernama WASHINGTON The US has announced that Malaysia will continue to enjoy benefits from the US Generalised System of Preferences (GSP), a programme providing for duty-free entry of goods from developing countries to the US. Malaysia, which exported US$634 million (Ssl.2 billion)
      – Bernama  -  319 words


  • ASEAN
    • 282 11  -  63 suspected of smuggling illegal workers to Singapore By TAN LIAN CHOO Bangkok Correspondent BANGKOK Thai author Itles will soon launch a major crackdown on 13 Job placement agencies which officials have identified as suspected smuggling racketeers who lured thousands of Thais to
      282 words
    • 201 11  -  By ABBY TAN, Manila Correspondent MANILA The eldest surviving heiress of the Sultan of the Philippines' southern Sulu Islands said here on Monday that she was dropping her clan’s claim to the Malaysian state of Sabah. Princess Denchurian Kiram, who met President Corazon
      201 words
    • 63 11  -  ABBY TAnT MANILA Indcrcovcr police have arrested 3# officials of the Department of Foreign Affairs in a crackdown on the Illegal sale of passports. Twenty-one travel agents were also arrested. Foreign Secretary Raul Manglapus told reporters the sweep was the result of a threemonth investigation
      63 words
    • 138 11 AFP. BANGKOK A Briton arrested at a Thai beach resort for allegedly insulting Thailand’s royal family has been released on bail without being formally charged, a British embassy official said on Monday. Restaurateur Mark Davis was arrested on April 4 at
      – AFP.  -  138 words
    • 79 11 BANGKOK A section of the unused Death Railway near Kanchanaburi, about 170 km west of Bangkok, may be revived as a tourist attraction, The Bangkok Post reported. The project is awaiting Cabinet approval, the paper said. The Death Railway, a 415-km strategic line
      79 words
  • Page 11 Advertisements
    • 743 11 PAGE 11 REACH SINGAPORE FROM HOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31 Jaian 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
      743 words

  • COMMENT/ Pick of the week’s editorials
    • 548 12 APRIL 21. 1988 I.AR(IE local companies have been told they are mature enough to invest overseas. Going overseas to try to make big profits can bo exhilirating to some, traumatic to others. But most local companies are reluctant to invest in faraway lands. They are more comfortable
      548 words
    • 626 12 APRIL 19. 1989 THAT Christians have done well on many socio-economic indicators is not an issue. What is at issue is what the Christians make of this concentration of influence and wealth in their hands. There is, after all. nothing wrong with a religion attracting the
      626 words
    • 633 12 APRIL 18. 1989 YOUTHS in Singapore have never had it so good. Well, that's not quite what the Report of the Advisory Council on Youth, released last Saturday, reported, but that’s what a casual reader might conclude from the report. And he would not be far
      633 words
    • 612 12 THAT BOWL OF RICE IT was more often in earlier years than now that one would come across the phrase "bowl of rice" being used in everyday speech. Its meaning is implicit. It refers to one’s means of livelihood, basically one’s bread and
      612 words
    • 181 12 “Our relationship in totality is most important. It is based on long-lasting eommitment between our two countries... we should settle any problem amicably and on a friendly basis with understanding from both sides." Thai Foreign Minister Siddhi Savetsila on the implications the repatriation of illegal Thai workers has
      181 words

  • FOCUS
    • 1947 13 Medicine in Singapore has come a long way since the early *****, when heart patients had to go overseas for bypass operations. In this article in The Sunday Times, CHAI KIM WAH checks out which are the fields Singapore excels in. SIX-month-old Khairul Faiz was
      1,947 words

  • COMMENT/ Perspective

  • TIME$
    • 375 15 KUALA LUMPUR ‘We need to be quiet about takeover move’ NST HUME INDUSTRIES (M) Bhd meant no “disrespect” when it did not consult the Malaysian Chinese Association about wanting to take control over the MCA’s investment vehicle, Multi-Purpose Holdings Berhad. Hume’s managing director
      NST  -  375 words
    • 290 15 Multi-Purpose. Bernama MAGNUM CORPORATION Bhd has sold its entire stake in Malayan United Industries Bhd (MUI). made up of 18.132 million shares, for M 559.38 million. Magnum, the four-digit lottery operator, said in a statement yesterday that the 18.132 million shares
      Multi-Purpose. Bernama  -  290 words
    • 181 15 COUNTER RATES Singapore dollars to on# unit of foreign currency Buying OD Selling US dollar l 9290 1 9470 Sterling pound 3 2953 3 3469 Australian dollar ***** 1 5595 Canadian dollar I 6232 1.6507 NZ dollar 1.1687 1 2023 Singapore dollars to 100 units of foreign currency
      181 words
    • 127 15 SINGAPORE’S trade with China looks set to exceed last year's $5.7 billion, judging by the record number of contracts signed at four major Chinese trade fairs and seminars held here so far this year. About $4OO million worth of business has been
      127 words
    • 262 15 OVERSKA-Chinp.se Banking Corporation Ltd has expanded its board of directors, adding three names familiar to the business community. They are Mr Michael Fam, Mr Michael Wong Pakshong and the former Deputy Governor of Bank Negara Malaysia, Mr Choi Siew Hong. The appointments, which
      262 words
    • 518 15 Weekly market report RECORDS continued to tumble on the Singapore Stock Exchange on the first day of the trading week, but the hectic chase for shares cooled down somewhat for the rest of the week as profit-takers emerged in larger numbers. The
      518 words
    • 289 15 Bernama SHAH ALAM A major British company has agreed to invest Msl billion (Ss7lo million) to build a joint-venture newsprint mill in Selangor by the middle of this year. Mentri Besar Datuk Muhammad Taib said on Sunday the mill would
      Bernama  -  289 words
    • 189 15 THK two counters dlrectl> involved in the MSI.I billion (SITIS million) controversial Hume Industrles-Multl-Pur-pose Bhd takeover hid had mixed fortunes on the Singapore stock market. Hume Industries Malaysia, which soared 38 cents to $3.38 on Thursday last week after news of the takeover hid
      189 words
    • 6820 16 Ml shires quoted hive i per vihie of $l, unless otherwise specified. Adjusted for scrip/rights. N Tax-eiempted dividend. P/E ratios and gross yields of foreign shares are adjusted for currency deferences. Trustee stocks under CPF Approved Investment Scheme. J Margin stocks. ABN is traded in lots of
      6,820 words
    • 286 17 Manager's prices for April 22 A 24 Sinjapore Unit Trust Ihe Commerce 1.10—1 17 The Savings Fund 094- 1 00 S pore Prog Fund 0 43-047 S pore Sec Fund 0 72- 0 77 S pore Invest Fund 0 77—0.82 S pore Equity Fund 0 52-0 56 Asia
      286 words
    • 802 17 Friday April 21 HKt Amoy Properties 4 OS -0 05 Asia Sec Int'l 2 525 -0 025 Asia Sec War 91 0 74 unch Bank ol EA 16 20 -0 20 Bond Corp Ini 1 2 25 -0 025 Bond Corp War 9t 064 0 01 Cable 6 Wireless
      802 words
    • 58 17 THE ST Industrial Index was unchanged at 1,244.27 points. Day-to-day indices and volumes: MONDAY: 1,258.33 points (up 14.64); 183.12 m unite (value $318.62m); TTEBDAY: 1,257.57 (down 6.76); 135 m unite ($216.77m); WEDNESDAY: 1,256.85 (down 1.72); 148.69 m unite ($253.13); THI'RSDAY: 1,256.64 (down 6.85); 111.85 m unite ($178.34m);
      58 words
    • 39 17 THE Hongkong Hang Seng Index rose 26.52 points MONDAY: 3,133.98 (up 51.27); turnover HKSI.B9 billion; TUESDAY: 3,135.43 (up 1.45); HKSI.S4b; WEDNESDAY: 3,164.69 (up 28.66); Hksl.9lb; THI'RSDAY: 3,139.68 (down 24.41); HKSI.4Sb; FRIDAY: 3,169.23 (down 36.45); HK5951.58m.
      39 words
    • 49 17 THE New Straits Times Index rose 15.9 points MONDAY: 2,172.13 points (up 11.64); 48.53 m (value M!95.75m); TI’ESDAY: 2,174.94 (up 2.83); 37.75 m (M577.16m); WEDNESDAY: 2,177.45 (up 2.44); 47.84 m (M|89.42m); THURSDAY: 2,177.94 (up 4.25); 49.71 m (M593.54m); FRIDAY: 2,174.37 (down 1.53); 51 Jim unite (M591.54m).
      49 words
    • 641 18  -  Labour supply, wages may be key factory this year By PATRICK DANIEL THE most disturbing economic news this month has been the 2-per cent fall in Singapore’s total export volumes in February. While many economists and business leaders say one month’s figures should not cause
      641 words
    • 221 18 THE Trade Development Board has set aside $5.9 million as part of its trade promotion strategy for the current financial year which started on April 1. This strategy includes organising Singapore’s participation in 43 international fairs and 37 trade missions overseas. The beard
      221 words
    • 167 18 Core business now property STRAITS Steamship Company Ltd intends to change its name to Straits Steamship Land Ltd. The name change will reflect recent developments in the company which have seen its business shift more to property. This comes after it hived off
      167 words
    • 164 18 KUALA LUMPUR Bank Negara branches throughout the country handled about 625 million cheques last year and of these nearly one million could not be cashed, a Bank Negara spokesman was quoted as saying. Sin Chew Jit Poh newspaper last Friday reported that a
      164 words
    • 157 18 HOTELProperties Ltd has taken in three co-owners for its $185.6-million Meridien hotel and shopping complex in Orchard Road. They are Singaporelisted luxury goods retailer Transmarco, Japan's trading giant C. Itoh Co and an Indonesian group called Darmadi, Hotel Prop said in a
      157 words
    • 418 18 Week ended April 14. ended April 14. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit /loss (’000) or ‘0 Batu lintang M$9,860L (M$4.444L) Sept 88 Imatex M$14,740L (M$35.926L) Mar 88 landmarks H $6.3111 ($9.415L) Dec 88 Rahman Hyd
      ended April 14. Compiled by Business Times.  -  418 words
    • 130 18 THE Port of Singapore Authority will invest a further $122 million in container handling equipment to cope with the rising container traffic at its Tanjong Pagar terminal. PSA signed three contracts last week to buy eight quay cranes and 41
      130 words
    • 88 18 FEBRUARY was a busy month for the Port of Singapore Authority, with seaborne cargo rising by 20.8 per cent to 12.42 million tonnes over the same period last year. Figures released by the PSA show that container traffic rose by 35.2 per cent over February last
      88 words
    • 456 19  - Hotel Properties proposes one-for-two rights issue Move will raise sB4m~to-sl23m to help growth By LIM ENG HAI HOTEL Properties Ltd, a group described in banking and stockbroking circles as highly-geared and un-der-capitalised, is proposing a rights issue to raise at least $84.7 million "to support its continuing growth". The news,
      456 words
    • 454 19 to 7 per cent. Business Times. THE TUSSLE among major banks for a bigger slice of the deposit base has intensified with three more local banks Asia Commercial Bank, OverseaChinese Banking Corporation and Tat Lee Bank pushing up their rates on Tuesday. Except
      to 7 per cent. Business Times.  -  454 words
    • 302 19 Reuter. HONCJKONG Two years after it crawled back from the brink of bankruptcy, one of the world's largest shipowners, the Tung group of Hongkong, has been forced to deny rumours it is again facing serious financial problems. Rumours were circulating that the company’s
      Reuter.  -  302 words
    • 80 19 THE price of tin soared on Monday on the Kuala Lumpur Tin Market (KLTM) to hit the “psychological barrier” of M 529.15 a kg the floor price of the international Tin Council when the tin market collapsed in October 1985. The last traded precrash tin
      80 words
    • 331 19 Bernama KUALA LUMPUR Two Malaysian (in smelters will join (he London Metal Exchange (LME) tin futures contract following a new decision by LME to trade on 99.85 per cent purity tin instead of the 99.9 per cent purity grade. Both Datuk Keramat Smelting Sdn
      Bernama  -  331 words
    • 146 19 Company RIGHTS ISSUE D C Bank O"P lo- *<K) a $0 ’5 p*»’ S’a*» f* do’*» Ma'c* Boo*s c os»» Ma'ct 1 A'cep’ance B Ma t J> George- Town Tk ‘O' ‘AO a $1 0C p*" s^O'** da’*» Mo'cl' 13 Books c>os# Mo'c* 78 B PoyT'#"* Ma, 17
      146 words
    • 388 19 Company RIGHTS ISSUE Ay(V H ta?n T n 0*A to- one a !C p* N*0'A &<*'|0,CI Co'P" Qh«* r>Hf. q 1' OT pa* pA’ v^cpa C 1 Holdings -r 1» Of' OO f stocks ’*A '0*0 0tocr s’s>c* *:v p,6-, .1* o’d^O’, n’>0'An *a a Causeway In* Kva
      388 words
    • 89 19 Rubber Closing pnc«t (cents/kilo) Singapore ***** May donrn one cent Malaysia 299 00 May down one cent Palm oil Crude palm o i (MS tome) April 952 50 (south) 950 (south) Refined palm oi (USJ tonne) RBO Palm 01 May 375 (sellers' lune/iuly 372 50 (sellers) RBD Olein May
      89 words





  • FORUM
    • 375 20 On moral values and the problem of brats I REFER to the letter “What moral values are being taught in school'’ by “Bewildered” (ST, April 8 Overseas Edition, April 15). I would like the writer to know that I am a
      375 words
    • 169 20 I REFER to your report "Chatlchai calls for talks on illegal workers’ issue” (ST, March (if) Overseas Edition April 1). The Thai Prime Minister was quoted as saying that “instead of sending ships, we should send warships to Singapore”. It was also reported that
      169 words
    • 160 20 1 DISAGREE with Christopher’s “disagreement" (ST, March 31 Overseas Edition, April 8). Dr John Chen is absolutely correct in his statement about local undergraduates and graduates. It might not be true of every graduate of the National University of Singapore but it is
      160 words
    • 364 20 I REFER to the letter “What moral values are being taught in school” by “Bewildered” (ST, April 8). It can be discerned that “Bewildered’s” anger and hysteria stem from her own prejudice against the moral teachings within the Singapore school system. I can assure the
      364 words
  • Page 20 Advertisements
    • 227 20 'rheStraitsTimes oB| Now. keeping in touch with what's m ovtism 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 in
      227 words
    • 96 20 Dear Overseas Readers THE Straits Times welcomes letters from you. Your letters 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 p&per. You may add a pseudonym if you wish. But we would
      96 words

  • Page 21 Advertisements
    • 619 21 APPOINTMENTS KODAK (SINGAPORE) PTE LTD Kodak Singapore is a subsidiary of Eastman Kodak Company in USA. Kodak's strength in the global market place is based on a century of providing customers with excellent products and services. Besides being a leading supplier of traditional photographic products, Kodak is also a major
      619 words
    • 589 21 EXCELLENCE IN SERVICE EXCELLENCE IN TECHNOLOGY EXCELLENCE IN PEOPLE EXCELLENCE IN SERVICE EXCELLENCE IN TECHNOLOGY EXCELLENCE IN PEOPLE EXCELLENCE IN SERVICE EXCELLENCE IN SERVICE EXCELLENCE IN TECHNOLOGY EXCELLENCE IN PEOPLE Singapore Telecom An Organisation of Excellence At Singapore Telecom.... We work to give Singapore the most advanced telecommunications infrastructure possible,
      589 words

  • Page 22 Advertisements
    • 322 22 APPOINTMENTS REGIONAL FLOORING SPECIALIST (South and East Asia) ICI (Singapore) Pte Ltd. is seeking a dynamic and technically-oriented marketing professional to develope and support the introduction of specialised flooring products in South and East Asia for Thoro System Products, one of the world's leaders in concrete and masonry waterproofing technology
      322 words
    • 446 22 BEPARTOFJHE SINGAPORE ECONOMIC DEVELOPMENT TEAM SINGAPORE HAS IDENTIFIED FOR ITSELF VISION 99 "By the *****, we aim to become a developed nation. We must aspire to be as good as any developed country in terms of education and skill level, range and sophistication of our economic activities, capital invested per
      446 words

  • TIMESPORT
    • 558 23  -  BADMINTON by J RAJENDRAN PRIZE money for the World Grand Prix badminton finals in Singapore late this year will be the richest on record. The International Badminton Federation on Thursday announced that the shuttlers would be competing for U *****,000 ($338,000)
      558 words
    • 234 23 HOCKEY THE Singapore Hockey Association has lifted the ban on Farleigh Clarke, reports The New Paper. The former international striker was banned five years after a free-for-all during a friendly match between the Singapore national team and Oman at Farrer Park
      234 words
    • 242 23 SOCCER JITA SINGH, Singapore’s national soccer coach, will assume the additional role of team manager. He will replace outgoing manager David Tan, also a Football Association of Singapore Council member, and assistant team manager Mohammed Sahar. The FAS made this decision as part of
      242 words
    • 56 23 YUGOSLAV striker Boris Lucie has accepted an offer by the Football Association of Singapore to play for the Republic in the Malaysia Cup competition starting on July 2. The most outstanding among eight European footballers who played in the Premier League, he is expected to join
      56 words
  • Page 23 Advertisements
    • 251 23 I 11k 1 Straits limes tint* ovtnsc* mrn wttaiv ovi«s«»» itxup" 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
      251 words

  • 555 24 Govt ready to help and may even take a stake in ventures abroad, says BG Lee TRADE and Industry Minister Lee Hsien Loong has railed on the larger local companies to invest overseas as part of their growth strategy. He said the Government will
    555 words
  • 380 24  -  By ISMAIL KASSIM KUALA LUMPUR A consortium has been organised by the Malaysian Chinese Association to make a counter-bid for the control of Multi-Purpose Holdings Berhad (MPHB) and block a takeover by Hume Industries, top MCA sources said on Thursday. The sources said
    380 words
  • 372 24  -  KUALA LUMPUR KALIMI'LLAiI HASSAN. OPPOSITION leader Urn Kit Siang and his son Guan Eng were released on Wednesday after 18 months in detention under the Internal Security Act (ISA). The Democratic Action Party leader and his son, both members of Parliament,
    372 words
  • Page 24 Advertisements