The Straits Times : Weekly Overseas Edition, 3 March 1990
1990-03-03
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The Straits Times : Weekly Overseas Edition
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Title Section20 1990-03-03 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, MARCH 3, 1990 Price: Ssl.*2o (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration982 1990-03-03 1 Shaun Seow - Goodies include 5% personal income tax rebate, corporate tax cut to 32% and special tax relieves for procreation By Shaun Seow THREE good years in a row have put the 1985 recession firmly behind the Singapore economy, and Finance Minister Dr Richard Hu unveiled a “celebration Budget” yesterday982 words
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193 1990-03-03 1 LEGISLATION on a comprehensive goods and services tax will be introduced this year, but its actual implementation will be deferred “for as long as the revenue position permits”, said Dr Richard Hu. The Minister for Finance assured Singaporeans that as the193 words
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Article435 1990-03-03 1 FOR THE INDIVIDUAL PERSONAL income tax a one-off 5 percent rebate for Year of Assessment 1990. The estimated Government revenue loss is $6O million. PROCREATION incentives special tax rebate to encourage families to have their second child earlier’. $5,000 rebate if mother- has second child before age435 words
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Page 1 Advertisements
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Advertisement82 1990-03-03 1 INSIDE Men of ideas and uncanny insight Page 7 NEWS FOCUS Vehicles quota system to start from May 1 PAGE 3 PARLIAMENT PAGES 4-5 HOME S'pore stresses ties with neighbours PAGE 6 Soon you can get in touch with friends abroad through a pager PAGE 5 MALAYSIA Daim: Bourse split82 words
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Advertisement11 1990-03-03 1 I /«3L 0999 |i *br ii .*;-,> *u Membership Has Its Privileges11 words
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NEWS FOCUS
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Article, Illustration607 1990-03-03 2 Serena Toh - Health insurance plan provides protection for serious illnesses By Serena Toh MEDISHIELD the Government's health insurance scheme which provides protection for serious illnesses will start on July 1. The scheme, which was jointly launched by the Ministry of Health and the Central Provident607 words
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Article, Illustration596 1990-03-03 2 Leong Chan Teik - Basic salaries increase by up to 59.9 per cent By Leong Chan Teik BASIC salaries of both junior and senior officers in the police, prisons and civil defence services increased by up to 59.9 per cent from Thursday. And to attract new recruits.596 words
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Article, Illustration405 1990-03-03 2 Ong Soh Chin - By Ong Soh Chin IN A BOLD and exciting development in Singapore’s arts scene, a former PUB power substation will be converted into the country’s first collective centre for the arts. The conversion of the substation into an arts centre is in line405 words
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159 1990-03-03 2 THE Substation, when completed in July, will boast a 2##-seat multi-purpose hall, an art gallery a dance studio, an arts bookshop, three practice rooms, an audio-vi-suai resource room, a garden cafeteria and a central booking office. The dance studio Ls being converted159 words
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Article322 1990-03-03 3 THE vehicle quota system will start on May 1. On the same day, all the interim increases in vehicle registration fees announced last month will be removed completely. Most vehicles affected THE quota will apply to all vehicles except public buses and school buses.322 words
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Article490 1990-03-03 3 First-time buyer bids for a 10-year licence and will have to pay a ‘quota premium’ Tenders will be held for six separate categories of vehicles THE quota system will set a limit on the vehicle population, requiring those who want to buy new vehicles to hid490 words
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Article, Illustration1205 1990-03-03 3 Han Fook Kwang - New buyers will bid for licences valid for 10 years; interim vehicle registration fee hikes to be scrapped By Han Fook Kwang FROM May 1, buyers of almost all new vehicles will have to take part in a public tender to getTimMgrapNcsby AtfREDEUCIERTO - 1,205 words
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BUDGET '90
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443 1990-03-03 4 IN A major move to reduce pressure on the tight labour market, the Government is relaxing its labour policy to allow more sectors of the economy to recruit foreign workers, with preference given to higher value-added activities. Currently, only five sectors manufacturing,443 words
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448 1990-03-03 4 S’pore competitive despite higher wages Dr Hu There is no immediate danger of pricing ourselves out of the market again, he says DESPITE higher wages, Singapore remains competitive with other newly industrialising economies (NIEs) in terms of the overall cost of doing business. "There is no immediate danger of our448 words
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318 1990-03-03 4 SINGAPORE will have to continue grappling with the evergreen problem of how to manage and optimise the use of its scarce human resources, Dr Hu stressed in his speech yesterday. Speaking of the ways Singapore could continue to obtain high rates of318 words
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188 1990-03-03 4 Singapore needs more high value--added investments SINGAPORE must not only upgrade its existing industries but attract new investments that will create higher val-ue-added activities, Finance Minister Richard Hu reminded Singaporeans yesterday. This strategy was one of five ways which Dr liu said would enable Singapore to grow at high rates188 words
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Article, Illustration366 1990-03-03 4 ENHANCING the prosperity of neighbours is one of the five ways Singapore can continue to grow at high and sustainable rates, said Finance Minister Dr Richard Hu yesterday. He said Singapore's closest neighbours, Malaysia and Indonesia, have recognised the value366 words
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Article, Illustration645 1990-03-03 5 SINGAPORE businessmen were mostly all smiles yesterday following the news of a one percentage point reduction in the corporate tax rate, the incentives for selected industries and the promise of some respite to their labour shortage problems. Most businessmen and executives last night645 words
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Article, Illustration551 1990-03-03 5 IT IS an ‘‘an-pluses Budget with something for everyone. This, in essence, was how 19 backbenchers interviewed by The Straits Times reacted to yesterday’s Budget. To Mr Chin Harn Tong (Aljunied GRC), it is the most painless Budget since he became551 words
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222 1990-03-03 5 THE Singapore Broadcasting Corporation’s decision not to broadcast the Finance Minister’s Budget speech yesterday afternoon before the public release of the budget report drew sharp criticism from the Singapore International Chamber of Commerce (SICC). In a letter to SBC yesterday, a222 words
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230 1990-03-03 5 THE Government does not intend to introduce a concessionary tax system for remitted income in imitation of Hongkong, even though such a system would encourage more Singapore companies to go international. Dr Richard Hu said this in reply to a question which230 words
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HOME
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Article, Illustration616 1990-03-03 6 Singapore--bashing: 'Resolve differences rationally’ SINGAPOREANS should stay disciplined and in control of their emotions when outsiders engage in unfair “Singapore-bash-ing", Mr Goh Chok Tong said on Sunday. “I would approach bilateral relations with the head and not with the heart. Whatever our strong feelings are, I would keep them under616 words
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743 1990-03-03 6 Tan Tarn How - PAP Convention By Tan Tarn How SINGAPORE should continually look for new areas of co-operation with Indonesia and Malaysia in order to narrow any differences with its neigh hours. First Deputy Prime Minister Goh Chok Tong has said. Urging Singaporeans to try to establish more743 words
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717 1990-03-03 6 FIRST Deputy Prime Minister Goh Chok Tong has said that there was now an "outside chance” that the United States would not renew the lease on its bases in the Philippines. He said that a year ago, he was717 words
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194 1990-03-03 6 I always thought that India was only interested in the Indian Ocean, the countries round India Sri Lanka, Maldives, Mauritius and some other neighbouring countries. But recently I read an article in the Australian Age, a Melbourne newspaper, quoting the194 words
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Article, Illustration979 1990-03-03 7 ONE is an ideas man, the other has an uncanny knack for spotting political talent. Both are veteran leaders who participated in Singapore’s transformation. Uast Saturday night, the People’s Action Party accorded its highest honour to former ministers him Kim San and S. Rajaratnam979 words
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516 1990-03-03 7 PAP Convention PRESSURE in two key areas of life in Singapore is driving some people to consider emigrating, a team of PAP activists who investigated the problem found. Team leader Janet Chen reported that people were looking for less stressful lifestyles in Australia516 words
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178 1990-03-03 7 SPIRIT OF SINGAPORE APPEAL STUDENT Haikel bin Abdul Aziz, 17, who was waiting for his O level results, read about The Straits Times’ Spirit of Singapore Appeal on Tuesday and talked his family into donating $1(1 each to the fund. He raised $5O178 words
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449 1990-03-03 7 Ng Wei Joo - By Ng Wei Joo THE new' civics moral education programme, which replaces religious knowledge in secondary schools, will begin in 1992 for upper secondary students. Announcing this at a Schools’ Council meeting last Saturday, Education Minister Dr Tony Tan appealed for feedback from449 words
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690 1990-03-03 8 Ong Soh Chin - Trend set to continue with five big conventions coming By Ong Soh Chin IT IS boom-time again for Singapore hotels. They are reporting full occupancy just weeks after the Asian Aerospace '9O show saw them filled to the brim. In less than three690 words
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353 1990-03-03 8 SINGAPOREANS travelling to the United States can soon be paged or "beeped'' just as if they are in Singapore. Similarly, Americans using the new international pagers which Singapore Telecoms is launching by October can also enjoy the same353 words
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270 1990-03-03 8 STRONGER economic links, such as through investments from Singapore, will complement the already strong ties between Malaysia and Singapore, the Malaysian High Commissioner here, Dato Zainal Abidin bin Mokhtar, has said. Speaking at a Singapore Manufacturers’ Association workshop on “Starting270 words
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Article, Illustration90 1990-03-03 8 THE Malay Cultural Month got off to a rousing start last Sunday at the Geylang Serai Malay Cultural Village. Guest of honour Mr Rahim Ishak (second from left), a former Senior Minister of State (Foreign Affairs), beat the Malay gong to mark the launch,90 words
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213 1990-03-03 8 SINGAPORE and United States officials began talks here on Monday on the greater use of Singapore’s air, naval and other military facilities by the Americans. US Embassy spokesman Richard Gong confirmed that a joint team from the State and Defence213 words
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173 1990-03-03 8 A DISCOTHEQUE is being taken to court for overcrowding its premises, the first such case here. Ridley’s, at Century Park Sheraton, is being summoned for infringing the terms of its entertainment licence. In a routine check on various clubs, police officers173 words
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Article, Illustration576 1990-03-03 9 Batam Park a concrete demonstration of excellent Indonesia-Singapore ties, says BG Lee AS the global competition for investments by multinational corporations gets fiercer, neighbouring countries in this region should combine their comparative advantages to improve their attractiveness, Trade and Industry Minister Brigadier-General (Res) Lee Hsien576 words
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588 1990-03-03 9 Chua Chong Jin - Decade ends with 70 per cent O level students getting at least five passes By Chua Chong Jin THE last batch of secondary school leavers from the SOs ended the decade on a high note with 69.2 per cent of them getting at least588 words
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149 1990-03-03 9 SINGAPORE will be acquiring maritime patrol aircraft to improve its sea surveillance capability. This was disclosed by LtGen Winston Choo, Chief of the General Staff of the Singapore Armed Forces, in an interview with Military Technology magazine. At present, this surveillance is being149 words
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Article, Illustration405 1990-03-03 9 Francesca Nathan - Francesca Nathan A SINGAPORE breeder is developing an extra colourful strain of rare Amazonian fish, an achievement which will give a tremendous boost to the international standing of local breeders. The Discus, an expensive aquarium fish, can cost up to $lB,OOO. Breeder Gan405 words
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MALAYSIA
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Article, Illustration587 1990-03-03 10 ISMAIL KASSIM - By ISMAIL KASSIM KUALA LUMPUR Umno backbencher Datuk Abdullah Ahmad has urged Malays to remain united and vote for the National Front if they did not want non-Malays to take over the country’s leadership. Speaking to Umno divisional leaders in Kuala587 words
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167 1990-03-03 10 NST. PENANG Army chief General Tan Sri Yaacob Mohamed Zain has confirmed the Anti-Corruption Agency had investigated several senior army officers who allegedly abused their powers. He said he was aware of the investigations as reported by the ACA last year but noNST. - 167 words
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Article, Illustration401 1990-03-03 10 Kalimullah Hassan - By Kalimullah Hassan SEREMBAN Prime Minister Datuk Seri Dr Mahathir Mohamad has said the federal leadership enjoyed excellent relations with the East Malaysian states of Sabah and Sarawak. He denied speculation that federal-state relations were strained. “My relations with Sabah and401 words
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Article155 1990-03-03 10 KUALA LUMPUR Ma-jor-General Datuk Yunus Tasi will take over as chief of the Royal Malaysian Air Force (RMAF) on March 19, Defence Minister Tengku Ahmad Rithauddeen announced on Tuesday. He said Maj-Gen Yunus. 50. who is currently Deputy Chief of the Air Force, would be155 words
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231 1990-03-03 10 KUALA LUMPUR The Yang Di-Pertuan Agong has said Malaysia will continue to give priority to relations with Asean, the Non-Aligned Movement, the Commonwealth and Islamic countries. Malaysia’s role in the international arena was being increasingly recognised and had begun to show results, he said231 words
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Article, Illustration337 1990-03-03 10 Kalimullah Hassan - Dewan Rakyat sitting By Kalimullah Hassan KUALA LUMPUR The government on Tuesday tabled a Bill to give the national news agency Bernama an exclusive right to determine the type of news from foreign agencies that is suitable for local publication. The Bill337 words
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265 1990-03-03 10 Bernama. KUALA LUMPUR The rise in imports of consumption goods, which has continued to be strong over the past year or so, is a sign of rising affluence among Malaysians, an economist here said. It would not lead to inflationary pressures in the medium– Bernama. - 265 words
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413 1990-03-03 11 Kalimullah Hassan - By Kalimullah Hassan KUALA LUMPUR The split between the stock exchanges of Singapore anti Kuala Lumpur was not the only reason for increased speculation by investors in the Malaysian stock market, Finance Minister Datuk Paduka Daim Zainuddin said on Wednesday.413 words
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Article, Illustration74 1990-03-03 11 AT LEAST 16 people were killed in this accident when a police truck and a (tacked bus collided on the Kuala Lumpur-karak highway on Wednesday. Eleven of the dead were police personnel. Twenty-five others were seriously injured in the crash, described as Malaysia's worst road74 words
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221 1990-03-03 11 Bernama. PETALING JAYA The labour Ministry has identified the "irresponsible” people who gave a wrong impression of the labour situation in Malaysia to the International Labour Organisation (ELO). Labour Minister Datuk Lim Ah Lek said on Thursday that his ministry had evidenceBernama. - 221 words
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ASEAN
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Article, Illustration673 1990-03-03 11 Tan Lian Choo; and Paul Jacob - By Tan Lian Choo and Paul Jacob JAKARTA The peace talks on Cambodia ended in a deadlock here on Wednesday after the rival factions failed again to resolve the key issues on power-sharing and the United Nations' role in the war-torn673 words
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Article, Illustration359 1990-03-03 11 Abby Tan - By Abby Tan Manila Correspondent MANILA The Philippine Supreme Court on Thursday ordered the government to produce jailed opposition leader Juan Ponce Enrile in court next Tuesday to allow his lawyers to challenge his arrest. It also ordered the National Bureau of InvestigationAFP picture. - 359 words
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COMMENT/ Pick of the week’s editorials
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Article700 1990-03-03 12 MARCH 1, 1990 ADDRESSING the People's Action Party convention last week, the Prime Minister posed an important question to all Singaporeans: Should Singaporeans stick to the pursuit of excellence, and the pressure and rewards that come with it. or opt for a less stressful system with700 words
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Article678 1990-03-03 12 MARCH 2. 1990 ON THE morning after the victory of the People's Action Party in the 1988 general election. First Deputy Prime Minister Goh Chok Tong promised that he would continue to strive for a more open and consultative government. Openness and consultation are what Singaporeans678 words
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Article605 1990-03-03 12 FEB 27. 1990 OF the six Asean countries, Singapore is undergoing the most rapid pace of leadership self-renewal. Before this year is out, the First Deputy Prime Minister, Mr Goh Chok Tong, will succeed Mr Lee Kuan Yew as Prime Minister. It was thus not without significance605 words
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735 1990-03-03 12 NingJuita - NingJuita THERE was a time when people were not afraid of growing old. Indeed, they looked forward to old age as a time of greater achievement as well as |»eace of mind. Today, we are torn between traditional Eastern respect for elders735 words
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Article117 1990-03-03 12 “If by socialism we mean a philosophy which tries to equalise opportunities in each generation, after inequalities have resulted because of different endowments and efforts in a previous generation, that of their parents, then such socialism need not fail. But even so, if in the name of socialism, redistribution117 words
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COMMENT
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1176 1990-03-03 13 Mazlan Nordin - Viewpoint By Mazlan Nordin LET the writer first plead guilty. Guilty, that is, of feeing biased for Singapore whilst loving Malaysia. Perhaps it is because he worked for umpteen years in the island from the days of its last British governor to the1,176 words
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Malaysian press comment on ties with Singapore
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687 1990-03-03 13 This commentary, headlined “One racial stock for what and for whomby A Nazri Abdullah was first published in fierita Minggu Malaysia, the weekend edition of Berita Harian Malaysia. on Feb IS. BEFORE the arrival of the Western imperialists, Malaysia, Indonesia and Singapore were687 words
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Article410 1990-03-03 13 This editorial, headlined Don 7 envy Singapore, was first published in Mingguan Kota, a weekly Malay tabloid, on Feb IS. THE Singapore Government has officially denied Malaysia’s allegation of sabotaging tourism in Malaysia. The denial made by Minister of State for Trade and Industry Mah Bow410 words
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MONEY
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Article, Illustration1734 1990-03-03 14 These dream-makers and their entertainment machines: they can organise a gala, Imperial Chinese-style, complete with Emperor Pu Yi and his tutor on a bicycle, a rubber lady... anything you want. Pumping up the fun is a multi-million-dollar business. Jenny Lam reports. FOR several fun years, rubber-lips1,734 words
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Article, Illustration421 1990-03-03 15 Sembawang posts $6 1.6m pre-tax gain Sparkling results reflect boom in ship-repair market HOT on the heels of Singmarine's results, listed ship-repairer Sembawang Shipyard has turned in sparkling figures for the group's financial year ended Dec 31 last year, reflecting the boom in Singapore's ship-repair market “which rose to over421 words
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251 1990-03-03 15 A LEAP in investment income, strong export growth and better domestic sales have helped British-Ameri-can Tobacco Co (S) post a 78-per cent jump in pre-tax profit to $32.16 million for the year ended Dec 31. This was achieved on sales of almost251 words
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138 1990-03-03 15 JAPANESE retail giant Lsetan Singapore has turned in a good set of interim results and is changing its financial year end to March 31 from the present Nov 30. For the 12 months ended last Nov 30, Isetan saw group after-tax profit leap 51.3138 words
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233 1990-03-03 15 FAR East Levingston Shipbuilding Ltd has turned in higher profits for last year and is confidently predicting that the current year's results will be even better. For the year ended last Deo 31, the Keppel Corporation subsidiary saw group pre-tax profit233 words
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Article122 1990-03-03 15 Contract data: 2/3/90 CURRENCY 1 MTH 3 HIM 6 MTH 9 MTH 12 MTH CHI VALUE DATE USJ 7'. 7'. 7'. 7': 7 J 7', 6 3 90 A* 15 14'« 14', 14’ 14 13'.6 3 90 N2J 12- 2 12' 12 *4 12*4 12'. 10'? 6122 words
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Article175 1990-03-03 15 COUNTER RATES Singapore dollars to one unit ot foreign currency Buying OD Selling US dollar 1 8620 1 8840 Sterling pound 3.0856 3.1453 Australian dollar 1.4050 1 4460 Canadian dollar 1.5568 1 5885 NZ dollar 1.0833 1.1182 Singapore dollars to 100 units of foreign currency Austrian schilling 15175 words
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217 1990-03-03 15 SINGAPORE’S direct investment in Indonesia surged in the first 40 days of the year, amounting to US$l66 million, or 15 percent of its total investment commitments. This figure of US$l66 million is remarkable when measured against the total of US$7BB million that Singapore217 words
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Article272 1990-03-03 15 Manager's prices for March 3 5 Singapore Unit Trust The Commerce 131-138 The Savings Fund 1 09-1 15«d S pore Prog Fund 0 49-0.53 S pore Sec Fund 0 84—0 89 Spore Invest Fund 0 89-0 94 S pore Equity Fund 0 59-063 Asia Unit Trust Mai Invest272 words
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Article1829 1990-03-03 16 TRANSACTION DATE: MARCH 2, 1990 1969/90 Tel Last High Low Code Company Sal# -ofVol Day 000 High Low Last Quota Buyer Seller Gr's Olv Net P/E INDUSTRIAL COMMERCIAL 244 111 1000 Acma 196 1 40 199 197 197 196 196 87’ 1143 Amcol 25« 186 1 472 1861,829 words
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Article391 1990-03-03 16 I INDUSTRIAL COMMERCIAL 210 150 1142 Alex Hldgs 50c 210 unch 2 210 210 210 250 60 37 5 55 44 > 1592 Bousteadco Rts 45 43 47 1589 Causeway A ***** J 1160 Inno-Pacific 133 unch 3 133 133 133 135 1 5 22 9 1156 lot391 words
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Article794 1990-03-03 16 1989/90 High Low Tol Cod* Company Last Sal* OfVot Day '000 High Low Last Quota Buyar Sailor Oca Dlv Data PayaMa 330 124 i 1543 CK Tang Wl 90 238 *2 1 238 238 236 240 734 68 1546 Causaway Loan 71 unch 42 714 71794 words
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Article521 1990-03-03 17 Weekly sharemarket review THE uncertainty hanging over the Tokyo stock market was again the main factor dominating sentiment on the Singapore bourse. The edgy sentiment prevailed from Day One when the Straits Times Industrials Index took a 42.41 points fall. At the peak of the selling, it521 words
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Article2069 1990-03-03 17 TRANSACTION DATE: MARCH 2. 1990 Ora 1889/90 Tot Last Vol Day Laat Quo* Dhr Nat High Low Cod* Company Sal* or- 000 High Low Buyar Satlar Pit HONGKONG STOCKS 102 97 1416 COL Hotal* Inti 99 2 ***** 99 96 98K 99 1246 Cathay Pacific 825 1000 9802,069 words
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Article149 1990-03-03 17 ST Industrials Index THE Straits Times Industrials Index gained 3.69 points on the week to 1,552.66 points. Day-to-day indices: MONDAY: 1,5*6.56 points (down 12.41); 138.83 units (valued at $242.Mm); TUESDAY: 1,535.09 (up 28.53); 158.8 m units ($272.93m); WEDNESDAY: 1,550.06 (up 14.97); 161.21 m units ($277.56m); THURSDAY: 1,546.05149 words
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Article601 1990-03-03 17 FrMay Mare* 2 HKt Amoy Properties 296 unch Allred Overseas 089 001 Asia Sac mi l Asia Sac War 91 Atiiad rw 2 15 038 099 005 uneh 002 Bond Corp Int'l Bond Corp War 91 Bank ol EA Cavandish Cale da Cora Cantury City 1 S3 0 70601 words
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866 1990-03-03 18 Shaun Seow - Need for caution after two years of wages going ahead of productivity By Shaun Seow WITH real wages up 7.9 per cent last year on the back of strong economic growth and a tight labour market, the Government has called for moderation in salary866 words
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522 1990-03-03 18 Catherine Ong - By Catherine Ong in Business Times IN an apparent attempt to curb property speculation by foreigners, the Monetary Authority of Singapore (MAS) has imposed an unwritten prohibition on the lending of Singapore dollars to foreign companies to buy local real estate. Bankers and company522 words
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132 1990-03-03 18 Business Times. MR Sia Leng Yuan, substantial shareholder in two locally-listed companies Sunshine Allied Investments and Causeway Investments has set his sights on a listed Hongkong company. Sources said the naturalised Singaporean is planning to take over a Hongkong firm and use itBusiness Times. - 132 words
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471 1990-03-03 18 FOOD-BASED QAF Ltd's five-year control by the Brunei royal family has ended with the latest sale of QAF shares by founding member Prince Mohamed Bolkiah, brother of the Sultan of Brunei. Announcing the change in ownership, QAF said on Monday that471 words
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Article, Illustration119 1990-03-03 18 DBS LAND, National Iron and Steel Mills and the Central Provident Fund Board have teamed up to build a 23-storey office tower at Anson Road. The proposed Phoenix Tower which will yield a substantial 205,000 sq ft (18,500 sq119 words
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390 1990-03-03 19 SINGAPORE’S total trade, which reached a record high of $lB4 billion last year, started on a buoyant note this year, growing by 23.7 per cent in January over the same month last year. Figures released by the Trade Development Board showed that390 words
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384 1990-03-03 19 ANGLO-DUTCH company Shell is to redeploy about 30 traders from its London office to Singapore to trade in Middle-East fuel and petroleum products, a move which will give an added fillip to the already booming oil trading business. Shell’s decision comes at a384 words
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Article347 1990-03-03 19 Company RIGHTS ISSUE A Enterprises Thf** to' tour M$2 30 O*' Sho'e Apollo On#‘o' on* 55 o*' shore C l Hold^gs Issue 0* 27m loon s'ocks in th* ro'iO o* $3 loon stock *o' every live o'dmory shares held f A c B One to' one M$060 pe'347 words
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Article260 1990-03-03 19 Company RIGHTS ISSUE Bousteodco 0"e-*o'-'h»ee '5 o* r sho'e Ei do'* Jon ’9 Books dose Peb t Acceptance Poyment Mo' 19 C 4 C Two *0' ‘ive $2 10 pe' shore Three wa"0n's *0' every '0 •«•sting shores held o’ $048 o»' shore E» do'e Peb 7 Books260 words
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251 1990-03-03 19 KUALA LUMPUR Finance Minister Datuk Paduka Daim Zainuddin has attributed the depreciation of the Malaysian ringgit against the Singapore dollar to developments in the Republic. He told Parliament on Tuesday that Singapore, as an international financial centre, had policies which251 words
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Article360 1990-03-03 19 Week ended Feb 23. Compiled by Business Times Preliminary results Gross Group pre-tai Year lo Company dividend profit/loss ('000) F A C B M$b2,765l ($*****) Mar 89 lien Hoe M$b.006l ($3.4/01) Dec 89 0 U Securities 10 (8) $3725 ($2,335) Dec 89 Smgmarine 8 (7) $20,662 ($10,233) DecCompiled by Business Times - 360 words
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109 1990-03-03 19 Bernama. Kl ALA LUMPUR The government Is investigating several companies, including United Engineers and Time Engineering, suspected to be involved in Insider trading on the Kuala Lnmpar Stork Exchange (KLSE). Deputy Finance Minister Datuk Wan Abu Bakar Mohamed said so far, no one hadBernama. - 109 words
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Article395 1990-03-03 19 Curront Ei Book* Dot* Total lor Total lor payment dot# ctooo payable Nte yoar laat yoar Asoon Fund US' Oc <b) Mo' 7 Mo- 19 Mo- 26 USIOC Avimo IS%Tt fob 28 Mo- 12 Mov '5 25%Tf 25%TE Bonto 10%IW fob 5 fob i5 Mo- 8 '0% 10%395 words
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Page 20 Advertisements
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Advertisement851 1990-03-03 20 APPOINTMENTS Esso ESSO SINGAPORE PRIVATE LIMITED (An affiliate of Exxon Corporation) ESSO REFINERY Esso Singapore invites applications from ambitious, mature, self-motivated individuals who possess leadership, analytical and interpersonal abilities to join our Management Team. Esso Singapore prides itself in the career development of its employees and has a continuing program851 words
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Page 21 Advertisements
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Advertisement946 1990-03-03 21 APPOINTMENTS NATIONAL r TJ UNIVERSITY y OF SINGAPORE FACULTY OF BUSINESS ADMINISTRATION The Faculty of Business Administration comprises the following departments Business Policy, Decision Sciences, Fmanoe and Banking, Marketing and Organisational Behaviour Applications are invited for appointment to (A) Senior Teaching FellowshipsTeaching Fellowships (Human Resource Management Specialists) Candidates should have946 words
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FORUM
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529 1990-03-03 22 Terms must also be well-defined to avoid disputes On Maintenance of Religious Harmony Bill I APPRECIATE the efforts of the various ministers who made impassioned and cogent arguments in support of the Bill on the Maintenance of Religious Harmony during the current parliamentary529 words
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209 1990-03-03 22 THE Government’s health insurance scheme providing protection against catastrophic illnesses will meet with universal approval. However, there is one aspect of it which needs to be modified. The scheme is subject to an age limit of 65 years. This facility should not be subject209 words
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581 1990-03-03 22 I READ with interest the exchange between Mr Chiam See Tong (Member of Parliament for Potong Pasir) and Mr Yatiman bin Yusof (MP, Tampines GRC) carried in your report on the parliamentary debate on the Maintenance of Religious Harmony Bill581 words
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Page 22 Advertisements
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Advertisement141 1990-03-03 22 The Straits Times Weekly Overseas Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, die 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. Making an141 words
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SPORTS
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Article, Illustration724 1990-03-03 23 Sook Kit and Beng Kiang end Malaysia’s hunt for second-doubles Mahmood Gaznavi reviews Thomas and Über Cup qualifying rounds KUALA LUMPUR Malaysia's second doubles pair of Cheah Soon Kit and Soo Beng Kiang lost their match but passed their test. They724 words
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Article, Illustration238 1990-03-03 23 NATIONAL women's champion Zarinah Abdullah (above) will quit school to play badminton full-time Her request to the Singapore Badminton Association for training in Indonesia has been granted and arrangements have been made for her to go to Jakarta this month for a238 words
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178 1990-03-03 23 Semi-Pro Division One Soccer SIX members of last year's Semi-Pro Division One Singapore soccer squad were dropped by new national coach Robin Chan who officially started work on Thursday. Defenders A.R.J. Mani. Ishak Saad. Jamaluddin Suleiman and Au-yeong Pak Kuan, midfielder Salim Moin and178 words
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Article, Illustration437 1990-03-03 23 JOE DORA - PREMIER LEAGUE SOCCER By JOE DORA! JURONG Town Football Club gave the Premier League soccer competition a boost last Staurday when they beat defending champion Gevlang International 1-0 at Jalan Besar Stadium. In stopping Gevlang's winning streak of seven matches. Jurong threw open the title437 words
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Article, Illustration351 1990-03-03 23 SEPAK TAKRAW KUALA LUMPUR Singapore's trio of Nurhisham Adam. Ahmad Yassim and Padzli Othman combined well to breeze past Brunei 15-7, 15-2 to take third place in the Asian Group A category in the world sepak takraw championships at Stadium Negara last Saturday night. The351 words
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Article, Illustration784 1990-03-03 24 PM Choose between pursuit of excellence and less stressful system Latter comes with lower standards and fewer rewards, he reminds S’poreans PAP Convention SINGAPOREANS must choose between sticking with the pursuit of excellence, and the pressure and rewards that come with it, or a less stressful system with lower standards784 words
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436 1990-03-03 24 SINGAPORE is experiencing its hottest spell since 1983. The last fortnight of February has seen maximum daily temperatures ranging from 33 to 35 degree Celcius. This has resulted in many bush fires and a surge in the sale of air-conditioners and fans. A spokesman436 words
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Article, Illustration532 1990-03-03 24 THE Malay language in Singapore needs to be international, yet uniquely Singaporean, BrigadierGen (Res) George Yeo said last night. Speaking at the launching of the Malay Language Month, he said he was optimistic about the development of the Malay language532 words
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207 1990-03-03 24 INDONESIA’S growing trade links with Singapore will form a vital component of Jakarta’s exportled economic growth in the coming decade, said a senior Indonesian minister on luesday. This growing inter-de-pendence among countries in the region makes a “compelling case for207 words