The Straits Times : Weekly Overseas Edition, 25 November 1989
1989-11-25
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-11-25 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, NOVEMBER 25, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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825 1989-11-25 1 2 5 /12 months’ bonus for civil servants Why Govt must look after workers SOME 76,000 civil servants will receive 1 and 11/12 months’ extra pay next month, bringing the total bonus for the Civil Service this year to 2 and 5 12 months, which is marginally less than the825 words
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Article, Illustration437 1989-11-25 1 BANGKOK THE Thai government has approved a major “land bridge” project in the South, linking the Andaman Sea with the Gulf of Thailand, that will eliminate the need for cargo carriers and oil tankers to sail around the Malayan Peninsular. The437 words
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Article, Illustration415 1989-11-25 1 KL contempt cae Bernama. KUALA LUMPUR More than 300 lawyers, including the president and two former presidents of the Malaysian Bar Council, this week asked the Supreme Court to include them as parties to a contempt action against Bar Council Secretary Manjeet Singh DhillonBernama. - 415 words
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Article399 1989-11-25 1 LAST year saw a record “birth surge” of nearly 53,000 babies the highest number in 22 years. Another record last year was a Total Fertility Rate (TFR) of 1.98 per woman, the highest since 1976. TFR measures the average number of children a woman will399 words
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Page 1 Advertisements
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Advertisement70 1989-11-25 1 Hongkong paper interviews PM Lee: Page 13 INSIDE ‘Privileged’ convict may have to go back to jail PAGE 11 HOME ‘Night angels’ spread fear among cabbies PAGE 5 Workmen stumble on a piece of S’pore history PAGE 6 New govt move to boost teachers' careers PAGE 8 CAUSEWAY General election70 words
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Advertisement13 1989-11-25 1 mm aasxaaaa* 31b? w n m jmk n« r_j&i Membership has its privileges.13 words
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NEWS FOCUS
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Article, Illustration845 1989-11-25 2 Time for Hanoi to negotiate again: Kan Seng SINGAPORE has welcomed the record number of votes at the United Nations for the Asean resolution on Cambodia and has urged Vietnam to get back to the negotiating table and work out a comprehensive political845 words
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359 1989-11-25 2 FOO CHOY PENG - FOO CHOY PENG in Business Times EXPATRIATES working in Hongkong are expected to be granted longer visas under a scheme being studied by the colony’s immigration authorities. The Immigration Department is said to be finalising a proposal for submission to the executive council,359 words
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220 1989-11-25 2 KUALA LUMPUIR PRIME Minister Datuk Seri Dr Mahathir Mohamad said on Sunday that Malaysia was still awaiting results of talks between Thai and Malaysian officials with the Communist Party of Malaya for the guerilla movement to surrender. Speaking at a news conference at the end220 words
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Article136 1989-11-25 2 MR Chee Whye is to be the new Chairman of the Singapore Tourist Promotion Board (STPB), the Ministry of Trade and Industry announced. He takes over on Dec 1 from Mr Lim Chin Beng, deputy chairman of Singapore Airlines, who will be completing his136 words
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Article, Illustration684 1989-11-25 2 Catherine C. Ong - By Catherine C.Ong Hongkong correspondent HONGKONG Commercial considerations may lead to a softening of editorial stance for a new weekly to be launched by a breakaway group of the China-funded newspaper, Wen Wei Po. When Contemporary, a 50-60 page Chinese news684 words
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491 1989-11-25 3 TAN LIAN CHOO - By TAN LIAN CHOO Bangkok Correspondent BANGKOK Police are investigating complaints about a local property scheme that appears to have fraudulently offered permanent resident status to Hongkong buyers of choice real estate in and around Bangkok. Major-General Noppadol Somboonsub, deputy head491 words
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143 1989-11-25 3 BANGKOK Thai police have lifted a ban on local distribution of the Asian Wall Street Journal after the newspaper’s editor said he regretted any misunderstanding caused by an article about Buddhism, a police officer said on Wednesday. Police found objectionable a recent143 words
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404 1989-11-25 3 CATHERINE C. ONG - CATHERINE C. ONG. HONGKONG Singapore Airlines has denied its cabin crew was incompetent in handling a passenger who died in Hongkong shortly after suffering a severe heart attack on board an SIA flight to the British colony. Mr Norberto Furagganan, a404 words
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235 1989-11-25 3 A HOLIDAY in New Zealand turned to tragedy for a Singaporean family when their car veered off the road and rolled over, killing two. Mr Charles Phan, 41, and his six-year-old daughter died instantly when their rented car went out of235 words
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1011 1989-11-25 3 Singapore’s recent offer of some military facilities to the US has prompted a variety of reactions from its neighbours. The following article by A. RAHMAN MUDA offers one Malaysian view of the implications of the US1,011 words
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176 1989-11-25 3 Reuter. BANGKOK Police in Thailand’s top beach resort of Pattaya have reported an alarming growth in drug-related deaths among foreign tourists, the Bangkok Post newspaper reported on Sunday. It said the deaths raised fears of a plot by criminal gangs. The paper quoted doctors asReuter. - 176 words
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HOME
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Article, Illustration760 1989-11-25 4 Chok Tong opens Senior Citizens Week by drawing examples from well-known S’poreans WITH 17 years to go before he hits 65 and attains senior citizen status. Mr Goh Chok Tong was not about to start giving advice on the delicate art of ageing graciously. Launching760 words
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287 1989-11-25 4 SINGAPORE will be the starting point of a ParisDakar style car rally if the event gets the green light from the world motor sports governing body. French organisers of the rally have met motor sport officials in Singapore and it is287 words
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Article178 1989-11-25 4 THE Government's proposal to have nominated Members of Parliament is no answer to Singaporean voters’ desire for an opposition, Mr Chiam See Tong said this week. The MP for Potong Pasir and leader of the Singapore Democratic Party (SDP) said that the Government knew very178 words
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Article, Illustration472 1989-11-25 4 PRESIDENT WEE KIM WEE: Aged II when he became President In 1185, he was re-elected for a second four-year term this year. “He is one senior citizen who has handled his ageing most successfully,” said Mr Goh. Take health seriously “Some months ago, President Wee was472 words
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527 1989-11-25 5 VICTOR ER - Ploy is to rip their dresses and accuse drivers of molesting them By VICTOR ER SOME cabbies on the night shift face not only the threat of robbery but extortion bids by young women too. Several cabbies have told The Straits Times of incidents527 words
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Article, Illustration310 1989-11-25 5 SEX educationist and counsellor Dr Nalla Tan is furious a woman posing as her has been calling women and asking questions about their sex life. She told The Straits Times: ‘T know of at least nine cr 10 such310 words
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106 1989-11-25 5 A MAN chalked up 100 warrants of arrest when he failed to show up In court to answer Housing Board parking summonses over a four-year period. IJm Khye tiuan, 34, a businessman, faces a total of 138 charges under the Parking Places Act and Parking106 words
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189 1989-11-25 5 AN ENGINEER trying to move her car to another spot at the Cathay Building mul-ti-storey carpark, rammed into a parked car, sending the other vehicle crashing through a barricade and plunging five storeys on to vacant land below. No one was hurt.189 words
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190 1989-11-25 5 PIECES from the past photographs, mementoes and other items related to the Raffles Hotel. These are the memorabilia the hotel hopes will turn up from its worldwide appeal. The 102-year-old “Grand Old Lady of the East" launched the Raffles Hotel Heritage Search on190 words
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Article52 1989-11-25 5 ONE worker died and two others were rescued after the ground they were working on caved in at the Ngee Ann City construction site in Orchard Road on Tuesday. The three, all Indians, were working above an old piling hole when the earth beneath them became loose and52 words
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420 1989-11-25 5 THE Urban Redevelopment Authority (URA) is to sell four sites at the old Bugis Street and Albert Street as part of a plan to give a new lease of business life to the northern part of the city. Announcing420 words
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Article, Illustration267 1989-11-25 5 SUZANNE SOH - By SUZANNE SOH in Business Times DRY ROT, termites and structural problems have pushed the renovation costs for the 102-year-old Raffles Hotel to $l5O million from the originally estimated $lOO million. Before the restoration work began seven months ago, therein Business Times - 267 words
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Article144 1989-11-25 5 CAR population growth continued to slow down for the fifth successive month. Last month, the growth rate dropped to 9 per cent from September’s 9.5 per cent, latest figures from the Registry of Vehicles showed. The rate has been easing off since June, after hitting144 words
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Article, Illustration535 1989-11-25 6 MATHEW PEREIRA - By MATHEW PEREIRA IT WAS bv accident that Public Works Department workmen, excavating inside Parliament House recently, stumbled upon a treasure trove of artefacts, some dating back to the 13th century. About 300 pieces of artefacts, including ceramics, stoneware and earthenware dating535 words
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229 1989-11-25 6 A POLICEMAN denied in court on Thursday that he framed opposition politician Wong Hong Toy on a disorderly behaviour charge because Wong had threatened to report him for alleged abuse of power. PC Toon Weng Kiong was responding to a suggestion by lawyer229 words
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138 1989-11-25 6 TRADE and Industry Minister Lee Hsien Loong will lead the Singapore delegation to the 21st Asean Economic Ministers' Meeting, to be held in Brunei from Nov 30 to Dec 1. The team includes Mr Mah Bow Tan, the Minister of State (Trade138 words
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Article261 1989-11-25 6 THIRTEEN civil servants, community and business leaders have been conferred the Singapore Institute of Management’s Fellowship. Mr Ong Teng Cheong, Second Deputy Prime Minister and Secretary-General of the NTUC, conferred the titles on Saturday at the SlM's 25th anniversary dinner and dance. Among the recipients261 words
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416 1989-11-25 6 DOREEN SIOW - By DOREEN SIOW IN RESPONSE to an appeal from developers, the National Development Ministry has withdrawn the ban on 10 property developing companies from selling their properties before completion. This group of "associated” companies was faced with suspension of their licences416 words
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Article, Illustration847 1989-11-25 8 NG WEI JOO - By NG WEI JOO AN EDUCATION Service Commission (ESC) is to be set up soon to give greater attention to the career prospects of teachers, including those holding leadership positions in schools. Announcing the establishment of the ESC. Education847 words
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141 1989-11-25 8 MORE leisure facilities for workers are coming up, with the Singapore Labour Foundation setting its sights on a golf course and a Sentosa island resort for young unionists. SLF Leisure Enterprises was incorporated early this year to study the proposal to141 words
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103 1989-11-25 8 THE Issue of higher fees for Independent school pupils Is to be raised In Parliament at Its meeting next Wednesday. Opposition MP Chlam See Tong (Potong Paslr) is asking the Minster for Education, Dr Tony Tan, if his ministry had given formal or informal103 words
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509 1989-11-25 8 THE higher new fees announced by independent schools are likely to stay unchanged for some time. Senior Minister of State (Education) Tay Eng Soon said. He told The Straits Times that he did not wish to preempt509 words
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343 1989-11-25 8 THE five independent schools and Raffles Institution which will become independent in January issued a joint statement on Monday assuring parents that ability to pay will not be the criterion for admission of pupils. In their joint statement, the six principals encouraged “able343 words
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Article, Illustration488 1989-11-25 9 Ministry-Mendaki scheme to help brighter students THE Mendaki-Ministry of Education joint committee has identified another three areas it wants to look into in its effort to improve the educational performance of Malay Muslim students. The committee's chairman, Senior Parliamentary488 words
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451 1989-11-25 9 TAN EE SZE - By TAN EE SZE SOME blocks of Housing Board flats may soon be converted into hotels to meet the expected high demand for rooms. The Singapore Tourist Promotion Board recently approached the HDB to explore the feasibility of con*451 words
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275 1989-11-25 9 MALAY students at Ngee Ann Polytechnic are doing fairly well, but would perhaps do even better if more of them had taken Additional Mathematics in secondary school, said Ngee Ann principal Tan Gee Paw. The examination results of students taking275 words
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Page 7 Advertisements
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Advertisement199 1989-11-25 7 TB U S I S SingAVOKC SOON, EVERYONE WILLTALK ABOUT IT /GAIN. iO r The sights and sounds of Bugis Street have been indelibly etched in the minds of those who’ve been there. Now it’s time to revitalise the heart of the Bugis area. Currently available for development are one199 words
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across the CAUSEWAY
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602 1989-11-25 9 Umno leaders ‘want time to work for reconciliation with the Spirit of ’46’ Umno general assembly: Page 10 KUALA LUMPUR Umno’s intention to try and reconcile differences with the Spirit of ’46 group rules out the possibility of a general election being602 words
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270 1989-11-25 9 KUALA LUMPUR An architectural firm has denied allegations that it was responsible for buying the furniture and fittings amounting to Msloo million (Ss72 million) for the Putra World Trade Centre, the Umno headquarters building. The principal partner in Kumpulan270 words
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147 1989-11-25 9 branches,” he added. Bernama. KUALA LUMPUR The Government will withdraw facilities given to Malaysian students overseas if their activities are detrimental to the people, Deputy Prime Minister Ghafar Baba said. He said the government, however, could not take action against studentsbranches,” he added. — Bernama. - 147 words
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Article, Illustration1029 1989-11-25 10 ISMAIL KASSIM - But message to dissidents is clear: You must accept the party’s existing constitution By ISMAIL KASSIM KUALA LUMPUR The three-day Umno annual general assembly ended on Sunday with glimmers of hope that the party could be re-united with its breakaway1,029 words
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Article, Illustration407 1989-11-25 10 KUALA LUMPUR The president of the opposition Spirit of '46 party, Tengku Razaleigh Hamzah. said on Monday that he would propose to Umno that leaders of the two parties join hands to revive the de-reg-istered Umno. In an interview407 words
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88 1989-11-25 10 KUALA LUMPUR The government will launch a new fund in January to help bumiputras venture into business, Finance Minister Datuk Paduka Daim Zainuddin said. Annual interest on loans from the Ms2so million (*****.5 million) entrepreneurs’ fund would not exceed 5 per cent, he88 words
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258 1989-11-25 10 KUALA LUMPUR Deputy Prime Minister Ghafar Baba has advised Malays to change their attitude and work harder if they want to succeed. Winding up the debate at the three-day Umno General Assembly on Sunday. Mr Ghafar, who is Umno deputy president, said it was258 words
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Article69 1989-11-25 10 AN UMNO Youth representative has asked the government why the clothes worn by the Yang di-Pertuan Agong during the installation were made in England. The Sunday Star newspaper quoted Mr Ismail Ishak as saying at the Umno general assembly: “Even daring the height of the Malacca69 words
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CAUSEWAY/ASEAN
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Article, Illustration343 1989-11-25 11 the report said. NST, Bernama. KUALA LUMPUR The former managing director of Overseas Investment Corporation, Abdullah Ang, may have to go back behind bars to make up for time spent outside prison when he should have been inside, Deputy Home Ministerthe report said. — NST, Bernama. - 343 words
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More reports from the Umno general assembly
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184 1989-11-25 11 KULALA LUMPUR Datuk Dr Seri Dr Mahathir Mohamad has warned Malaysians that the country’s high birth rate could lead to a decline in living standards in the near future. Dr Mahathir, who in 1984 asked Malaysians to work towards a population184 words
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Article, Illustration149 1989-11-25 11 KUALA LUMPUR Malaysia could lend a helping hand to Singapore’s efforts to increase its population by exporting a local aphrodisiac known as Tongkat Ali. Known as Eurycoma longifolia, this shrub found abundantly in the Malayan jungles was uppermost in the minds of many delegates149 words
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121 1989-11-25 11 JOHOR BARU Malaysia will foot two-thirds of the MSI.S billion (Ssl.oB billion) needed for the proposed second link connecting Johor to Singapore, Deputy Works Minister Datuk Alex Lee said this week. Singapore will foot the balance, he told reporters after being121 words
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208 1989-11-25 11 BUTTERWORTH Authorities here are investigating an incident in which 27 unmarried female workers from the Prai area were allegedly raped after an outing with male workers, the Chinese-language newspapers, Shin Min and Tong Bao. Reports earlier this month said the 27208 words
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Article59 1989-11-25 11 KUALA LUMPUR The National Economic Consultative Council (NECC) expects to complete its task of formulating a successor to the country’s New Economic Policy (NEP) by early next year, its chairman, Tan Sri Ghazalie Shafie, said this week. He added he did not anticipate any59 words
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Article, Illustration667 1989-11-25 11 ABBY TAN - NEWS ANALYSIS By ABBY TAN, MANILA The defeat of the Philippine government’s plan for an autonomous region for its Muslim minority in the south has brought the de-cades-old conflict back to square one: There will still be no peace in Mindanao. Four provinces667 words
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185 1989-11-25 11 JAKARTA The Indonesian authorities have denied reports that undergraduates would soon be allowed to set up student councils which were outlawed 11 years ago following a series of campus protests, the Jakarta Post reported. It quoted Education and Culture Minister Fuad Hassan as185 words
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88 1989-11-25 11 JAKARTA Garuda, Indonesia’s national airline, is acquiring at least 65 new planes in an expansion drive for the *****. It is also planning to co-op-erate with Aeroflot, the Soviet .Airline, to over the shortage of flights in Indonesia during the annual Mecca88 words
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Article55 1989-11-25 11 JAKARTA The Indonesian Information Minister, Mr Harmoko, will visit Singapore at the end of the month at the invitation of the Singapore Government, the Indonesian Observer newspaper reported. The paper quoted Mr Harmoko as saying the purpose of the visit was to strengthen relations with Singapore55 words
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COMMENT/ Pick of the week’s editorials
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Article659 1989-11-25 12 NOV 25. 1 989 WITH the old order collapsing; so swiftly in Eastern Europe, and this with Soviet acquiescence and encouragement, it seems a little odd that President George Bush should set such a limited agenda for his meeting next week with Soviet leader Mikhail659 words
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Article631 1989-11-25 12 NOV 22. 1989 THE teaching profession received yet another boost when the Cabinet recently approved the formation of an Education Service Commission (ESC). Plarlier morale-boosting measures had included the promotion of senior education officers to Superscale level and pay increases for others. Higher salaries serve631 words
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Article614 1989-11-25 12 NOV 2\ "989 THE annual Umno General Assembly in Kuala Lumpur has ended with Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad in his strongest position since his leadership was challenged two years ago. Before and during the three-day conference held over the weekend. the Umno614 words
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699 1989-11-25 12 THE FIRST TIME THERE will always be a first time and occasion to commemorate a historic event of yesteryear. One latest instance is the recent celebration in Kuala Lumpur jointly by Malaysians and Singaporeans, marking what is called the “Fortieth Anniversary of699 words
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Article176 1989-11-25 12 “If we are prepared for old age we too can carry our age with pride and satisfaction. If we do so, we should earn for ourselves the respect and pleasure of a place in the hearts of our young.” First Deputy Prime Minister Goh Chok Tong at the176 words
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Interview with PM Lee
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Article, Illustration1728 1989-11-25 13 In an interview recently with the South China Morning Post, Prime Minister Lee Kuan Yew spoke about the options for Hongkongers, Singapore’s rationale for limiting its recent invitation to them to resettle here to 25,000 households and the Internal Security Act, among1,728 words
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648 1989-11-25 13 VINES: You’re often criticised by, well, by foreign newspapers and foreign organisations over the Internal Security Act, that sort of thing. How do you feel about that? PM: I take it as a matter of course. The criticism648 words
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89 1989-11-25 13 Vines: May I ask you about your future? Everybody who comes to interview you asks the same question what you’re going to do. PM: I'm going to step down at the end of next year. Mr Goh Chok Tong will take over.89 words
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TIME$
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Third quarter economic results
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503 1989-11-25 14 THE financial and business services sector the star performer of the Singapore economy this year has improved on its first-half performance with a 14.5-per cent growth in the third quarter. And because Singapore’s stock market business accounts for less than 20 per cent of503 words
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688 1989-11-25 14 GERRY DE SILVA - By GERRY DE SILVA THE construction sector has turned around after 4Vi years of decline, chalking up 3.5 per cent growth in the third quarter. The Trade and Industry Ministry said prospects for the construction sector looked promising although it was688 words
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Article470 1989-11-25 14 STEVEN PAK - Latest economic figures STEVEN PAK. SINGAPORE’S exports fell by 3.7 per cent last month the largest decline this year while total trade in volume terms grew marginally by 0.7 per cent compared with October last year, according to figures released by the Trade Development Board470 words
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288 1989-11-25 14 ALTHOUGH Singapore’s exports lost some steam in the third quarter, the Republic still recorded the secondhighest increase in exports among the four Asian “dragons”. Singapore’s exports grew by 9.9 per rent in the third quarter. This was significantly lower than the 28-per cent288 words
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316 1989-11-25 14 INVESTMENT commitments in the manufacturing sector in the third quarter amounted to $399 million, bringing the total to $1.37 billion for the first nine months. Although the $1.37 billion was 6 per cent lower than the total amount of commitments for the first nine316 words
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SNIPPETS
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Article52 1989-11-25 14 THIS year’s inflation rate is expected to be between 2 and 2.5 per cent, said Mr Mah Bow Tan. This is still “good” when compared to other countries in the region, Hongkong’s 10 per cent for example he said at the press briefing on the third-quarter52 words
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Article52 1989-11-25 14 INCOME tax revenue for the third quarter hit $1.14 billion the highest since 1984. Income tax collection last crossed that mark $1.14 billion in the third quarter of 1984. Total revenue from various taxes amounted to $2.5 billion while total revenue from taxes and non-tax sources hit52 words
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Article72 1989-11-25 14 VISITOR arrivals to Singapore rose steadily by 16 per cent, boosted by the diversion of China-bound tourists who are still wary of China travel because of the political crisis there. This is based on the surge of visitors from Japan, Taiwan, Hong Kong, and South Korea who72 words
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530 1989-11-25 15 Singapore investors likely to stay away from Malaysian stocks MALAYSIAN brokers hoping to tap a projected Ms4s-million (5532.3-mil-lion) rise in brokerage fees following the split between the Singapore and Kuala Lumpur stock markets may be disappointed. This is because Singapore investors530 words
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542 1989-11-25 15 KOH BEE ANN - By KOH BEE ANN S INC, A PORE broking firms planning to buy into their Malaysian counterparts to tap the potential rise in business in Kuala Lumpur with the impending split between the two exchanges may have their hopes dashed. Well-placed sources542 words
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109 1989-11-25 15 THE Malaysian Government’s decision to split the Kuala Lumpur and Singapore stock exchanges will be the subject of questions from two Members of Parliament at next week’s sitting of Parliament. Dr Wang Kal Yuen (Bukit Timah) wants the Finance Minister to say if the109 words
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Article155 1989-11-25 15 COUNTER RATES Singapore dollars to on* unit of foraign currency Buying OD Selling US dollar I 9475 1 9635 Sterling pound 3 0356 3 0837 Australian dollar 1.5060 1 5433 Canadian dollar I 6614 1 6883 NZ dollar 1.1291 1.1614 Singapore dollars to 100 units of foreign currency155 words
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Article158 1989-11-25 15 ST Industrials Index THE Straits Times Industrials Index rose 41.62 points on the week to 1,385.21 points. Day-to-day indices: MONDAY: 1,345.34 points (up 1.69); 46.08m units (valued 981.62m); TUESDAY: 1,349.42 (up 4.08); 41.26m units (S83.52m); WEDNESDAY: 1,361.61 (up 12.25); 66.16m units ($121.59m); THURSDAY: 1,318.05 (up 16.38);158 words
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720 1989-11-25 15 Sharemarket review THE Singapore stock market at last woke up from its long slumber to post its best gains in several months. After a firmer opening on Monday, which saw prices rising across the board, the week ended with the Straits Times Industrials720 words
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131 1989-11-25 15 THE London-listed Singapore Sesdaq Fund has given some details of its recent buying spree into companies on the second securities market. Former government printing firm Singapore National Printers (SNP) on Mondaysaid that the Fund is now a substantial shareholder of the company as131 words
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Article6820 1989-11-25 16 All shares quoted have a par value of $l, unless otherwise specified. Adjusted for scrip/rifhts. N Tax-exempted dividend. P/E ratios and gross yields of foreign shares are adjusted for currency differences. Trustee stocks under CPF Approved Investment Scheme. Margin stocks. ABN is traded in lots of 106,820 words
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Article656 1989-11-25 17 FHdiy NovtnriMf 14 HKI Alllod OvirMU 094 unch Amoy Proportion 2 825 unch Atia Soc Int l 220 unch Aaia Soc War 91 0 50 004 Bank of EA 16 80 0» Bond Corp Int I 1.51 0.01 Bond Corp War 91 0 57 •0 03 C P Pokphand656 words
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459 1989-11-25 18 CHUANG PECK MING - By CHUANG PECK MING in Business Times COLD STORAGE Holdings, which opened a conti-nental-style cafe at Centrepoint this week, has plans for up to 100 such outlets in Asia that could result in investments totalling about $5O million in the next three459 words
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Article, Illustration160 1989-11-25 18 THE standard of commercial buildings in Singapore Ls so high this year that the Construction Industry Development Board (CTDB) decided to give two awards instead of one for construction excellence. For the first time since the launch of the CIDB Awards for Construction Excellence in160 words
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Article, Illustration259 1989-11-25 18 SHAUN SEOW - By SHAUN SEOW SINGAPORE Chinese Chamber of Commerce and Industry president Tan Eng Joo was this week elected to head the Singapore Federation of Chambers of Commerce and Industry fSFCCI). The Haw Par and Prima director took over from Mr Linn In Hua,259 words
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53 1989-11-25 18 LUXURY yacht-builder GB Holdings has announced a strong set of results. The Sesdaq-listed company reported last week that its pre-tax profit was up 39 per cent to $7.87 million for the half-year ended Sept 30. This was achieved with a 24-per cent hike in turnover53 words
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155 1989-11-25 18 KUALA LUMPUR Nestle (M) Bhd's share issue of 14.37 million shares for the public has been oversubscribed by 8.4 times, despite an offer price of M 55.20 per share, the highest ever for a new share issue in Malaysia. The public portion received a155 words
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Article359 1989-11-25 18 Company RIGHTS ISSUE Ay«r Hitam Tin One-for-three M)l 30 per share Ex-date: Oct 12 Books close: Oct 26 Acceptance Payment: Dec 8 Eu Yon Song Renounceable one-for-one rights issue of $8 98m 3% unsecured loon stock 1989/1994 at par One TSR will be allotted for every two Jl359 words
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252 1989-11-25 18 TIMES Publishing Ltd, in its maiden results after being hived off from the Singapore Press Holdings group, has surpassed slightly its forecast profit given at the time of its de-merger. It reported a 29.4-per cent increase in group pre-tax profit252 words
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Article135 1989-11-25 18 PROPERTY heavyweight DBS Land Ltd has hived off its hotel management operations to form a new wholly-owned subsidiary, Raffles International Ltd (RIL). RIL will spearhead DBS Land’s involvement in the hotel, tourism and hospitality sector. “(RIL) will provide profes- sional management for the administration135 words
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Article, Illustration375 1989-11-25 19 SHAUN SEOW - By SHAUN SEOW SINGAPORE companies have fuelled an investment boom in Thailand, whose economy is growing so rapidly that analysts believe it will reach industrialised status in 10 to 15 years. Singapore investments approved by Thailand’s Board of Investment (BOI) in375 words
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189 1989-11-25 19 AFP. HONGKONG Hongkong’s economic growth is projected to drop to a mere 3 per cent this year with a slowdown worsened by the recent political turmoil in China, the government has said. “The growth rate of our economy has now slowed downAFP. - 189 words
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387 1989-11-25 19 SHARON LAU - By SHARON LAU THE takeover bid for Sim Lim Investments (SLI) this week took a new twist which will nudge out the Soon family that founded it. In a statement to its shareholders on Monday, SLI said that chairman Soon387 words
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137 1989-11-25 19 RISING cement prices in an active construction industry have helped Jurong Cement turn around after years of losses. The group, which has been in the red since 1985, returned to the black with a group pre-tax profit of $1.46 million for the six137 words
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Article182 1989-11-25 19 Week ended Nov 17. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss ('000) AMDB 2 (1) M$9.187 ($4,240) Mar 89 Hume M 7.9a (7.9a) M$10.619 ($7,291) Jun 89 M Glass 16TE (10TE) M$9.030 ($6,064) July 89 Mycom Bhd M$2.575L ($2.0501) Jun 89Compiled by Business Times. - 182 words
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Article756 1989-11-25 19 Current Ex Book* Dote Total tor Total tor payment date C)on payable the yaar laal yaar A 1 S B I2%(bi Dee 27 JO" 11 Jon 23 12% '0% AMDS 2%IW No. 16 No* 30 Dec 29 2% A Enterprise* 5% HI No» 3 No* 17 Dec 7756 words
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FORUM
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620 1989-11-25 20 FIRST Deputy Prime Minister Cloh Chok Tong said more will be spent to develop every child and worker to their fullest potential when he opened Productivity Month recently, stressing that Singapore’s success lies in the quality of its people. However, the announcement620 words
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371 1989-11-25 20 I WISH to comment on proposed legislation to keep religion out of politics. In principle, I agree that: 1 Religious groups should not be allowed to ally with or openly support any political party, including the ruling party. 2 Religious leaders371 words
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154 1989-11-25 20 THE New Paper recently carried a series of articles on Satanic activities in Singapore. That Satanism is practised in Singapore is not surprising considering the kind of literature being sold in our bookstores. Recently I came across, in a lending bookstore, a comic-book154 words
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Advertisement143 1989-11-25 20 ■AJOI ISSUE The Siraits Times Weekly Overseas Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. The Straits Times Weekly Overseas Edition.143 words
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Advertisement132 1989-11-25 20 Dear Readers THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers. They should preferably be typed, doubled-spaced, on one side of the paper. Brevity is an advantage. We do not accept for publication letters from writers who132 words
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Advertisement1187 1989-11-25 21 APPOINTMENTS HU WSL (S$ 100,000 per annum plus) We a r e a major European information systems company with a turnover o 4 ove- US$4 billion and a staff strength of 20.000 people in 70 countries. Aggressively market driven, we o f< e r a complete aporoach to systems and1,187 words
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Advertisement1131 1989-11-25 22 appointments 0 invites applications for the following posts: SENIOR PROPERTY OFFICER/PROPERTY OFFICER To be responsible for the supervision and control of building and renovation projects. With tertiary education in cither Engineering, Building Science, Architecture or Estate Management. With at least three years' related experience. Thoroughly familiar with building laws and1,131 words
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TIMESPORT
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Article, Illustration439 1989-11-25 23 Aftermath of Sarawak’s pullout KUANTAN (Pahang) SOME major changes can be expected in the Football Association of Malaysia next year, FAM president the Sultan of Pahang has said. Although he did not elaborate, it was quite clear what the changes would entail:439 words
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Article336 1989-11-25 23 ‘Our players were beaten up’ charge NST. THE Football Association of Sarawak has asked Malaysia’s In-spector-General of Police to investigate allegations of police brutality by the Federal Reserve Unit during the Malaysia Cup se-cond-leg quarter-final against hosts Kuala Lumpur two weeks ago. It is also believed– NST. - 336 words
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Article105 1989-11-25 23 KUALA LUMPUR, after being awarded the match against Sarawak following the East Malaysian state’s withdrawal from the Malaysia Cup competition, made no headway towards the final when they lost o*l to Pahang in their first-leg semifinal match at Kuantan. The teams play their second-leg semi-105 words
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327 1989-11-25 23 J RAJENDRAN - BADMINTON By J RAJENDRAN SINGAPORE’S No. 2 Lau Wing Cheok, who is currently studying in England, will not be able to play for the Republic in the Thomas Cup badminton qualifying competition next February. Wing Cheok, 26, said in a long distance telephone327 words
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Article, Illustration254 1989-11-25 23 M BASTIANS - By M BASTIANS SIVAN survived a near early ejection from the saddle and a protest to finally hit the big time in the $200,000 Vacheron Constantin Queen Elizabeth II Cup at Bukit Timah last Saturday. His first classic win aboard Uncompromising254 words
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Article, Illustration439 1989-11-25 23 PETER KHOO - ATHLETICS by PETER KHOO THREE of Singapore's South-east Asia Games medallists James Wong, P. Parameswaran and Ng Kean Mun came under fire for their dismal performances at the Eighth Asian Track and Field Championships in New Delhi, which ended last weekend.439 words
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451 1989-11-25 24 TAN LIAN CHOO - By TAN LIAN CHOO Bangkok Correspondent BANGKOK The Thai Government has totally lifted a previous ban on the export of strategic goods to Indo-Chinese countries, a spokesman said here on Thursday. At a Cabinet meeting on Tuesday, the government approved451 words
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383 1989-11-25 24 AFP, Reuter. BANGKOK The Bangkok Bank, reputedly South-east Asia's largest bank, is planning to open a branch in the Cambodian capital Phnom Penh and is looking into re-opening its branch in Ho Chi Minh City, a bank spokesman said here this week. TwoAFP,; Reuter. - 383 words
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109 1989-11-25 24 KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has told Malaysian Muslims that it was unreasonable for them to force their religion on others. Islam has never encouraged t he use of force, he said at the Umno general assembly last Sunday. Dr109 words
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432 1989-11-25 24 demands. — TAN MAN CHOO - demands. TAN MAN CHOO. BANGKOK About half of the remaining members of the outlawed Communist Party of Malaya (CPM), said to number about 1,000, have sought guarantees from Kuala Lumpur to allow them to return to a normal life in Malaysia,432 words
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Article136 1989-11-25 24 TAN LIAN CHOO - TAN LIAN CHOO. BANGKOK A news report here has speculated that Chin Peng, the titular head of the Communist Party of Malaya who was believed to be in China, could already have arrived in Thailand. The English-language Nation newspaper, in a report quoted sources as136 words