The Straits Times : Weekly Overseas Edition, 13 August 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, AUGUST 13, 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 002/08/93
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  • 716 1 All sectors are expanding, says PM Goh Full-year projection revised upwards to 9-10% THE Singapore economy is expected to grow by 9 to 10 per cent this year following an impressive 10.5 per cent growth in the first half of the year. Prime Minister
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  • 582 1 SINGAPORE’S economy grew by 9.3 per cent in the second quarter, with manufacturing contributing close to 40 per cent of the total growth. Much of the impressive performance by the manufacturing sector, which posted a 14 per cent growth last quarter, was due to the
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  • 338 1 IT IS good that Singaporeans are not too self satisfied and want to improve their lives. Deputy Prime Minister Lee Hsien Loong said last Saturday. But, he cautioned, they should not become so preoccupied with their perceived problems that they fail to
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  • NEWS FOCUS
    • 284 2  -  By David Miller NATIONAL soccer player Michal Vana and a football official, believed to be a referee. were arrested yesterday by the Corrupt Practices Investigation Bureau (CPIB). It is learnt that several other men. suspected to be involved in rigging soccer matches, are expected to
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    • 307 2 THE labour movement may start a new cooperative to bring together cooked food sellers and help moderate increases in hawker food prices. It could buy raw materials in bulk, have centralised preparation of food in hygienic conditions, and transport food efficiently
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    • 260 2 CAUGHT on camera, literally. Police were called in when a couple caught a car vandal in action on video at the Cashew Heights condominium in Bukit Panjang on Tuesday. The couple, who moved in about a year ago, found both her BMW and his Mercedes
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    • 470 2 Move to boost tourism links with the region THE Singapore Tourist Promotion Board (STPB) will have a new chief from Sept 1. Mr Tan Chin Nam, the managing director of the Economic Development Board since 1986. will leave EDB to become the
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    • 557 3 THERE are now conclusive statistics to prove that overweight children are less likely to do well in school. An extensive Ministry of Education study of students who took their PSLE, GCE O, N and A level examinations last year showed a strong negative
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    • 557 3 ‘Mass appeal’ holiday ground next to Changi Creek THE labour movement is looking into developing a “mass appeal” holiday resort at Changi Village, perhaps similar to the NTUC Pasir Ris Resort. If it decides to go ahead, a 6ha plot along Telok Paku Road and
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    • 259 3 A GROUP of Chinese academics is raising money to set up a US$2-million (Ss3 million) endowment for research on the 30 million overseas Chinese worldwide. The first of its kind, the fund is targeted to be set up by the end of the year and
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    • 390 3 MORE than $1 million in cash and valuables belonging to drug suspects is set to be seized by the courts soon under a new law which came into effect last November. Home Affairs Minister Wong Kan Seng disclosed this on Monday at
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  • NATIONAL DAY ’94
    • 488 4  -  By Tan Hsueh Yun SHINING, splendid Singapore! The National Stadium was a jewel box of sparkling lights, shimmering satin and sequins and falling stars on Tuesday night. I sat on a damp bench and joined more than 60.000 others to celebrate Singapore's 29th birthday in the
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    • 571 4 SINGAPOREANS must not be smug, or let success go to their heads and become complacent and arrogant, Brigadier-General (NS) George Yeo said on Wednesday. The Republic, he said, “had come some way”. It was no longer an
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    • 545 5 CALLIGRAPHER Pan Shou and Civil Service Head Dr Andrew Chew topped the National Day honours list with a Meritorious Service Medal each, the highest award given this year. Mr Pan, 83. who is also a scholar and poet, said on Monday that
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    • 2329 5 NATIONAL DAY AWARDS 1994 Pingat Jasa (iemilang (The Meritorious Service Medal) Dr Andrew Chew Guan Khuan, Senior Admin Officer, Staff Grade II, Public Service Division, Prime Minister’s Office Mr Pan Shou, Calligrapher, Scholar and Poet Bintang Bakti Masharakat (Lintang) (The Public Service Star (Bar) Mr Gunnar Sven
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    • 299 6 A FEELING of pride and excitement filled President Ong Teng Cheong at his first National Day Parade as head of state. Speaking to reporters at the National Day Istana reception on Wednesday, the President said he felt wonderful. He said: “I was veryproud of
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  • HOME
    • 470 7  -  By Janice Seah in Perth SINGAPOREANS are among the highest achievers of Australia’s immigrant population, a special report on the Singapore community in Australia has shown. Compiled by Australia’s Bureau of Immigration and Population Research, the report also shows that Singaporeans are better educated,
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    • 326 7 ST ANDREW’S Junior College (SAJC) looked like a set for a period film on Monday. Cheongsums, samfus, sarongs, together with ball gowns and top hats were seen everywhere as students and staff celebrated National Day. Everyone had been told to beg, borrow or
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    • 437 8 National Institute of Education Convocation FROM next year, the cream of undergraduates taking the four-year Bachelor of Arts or Science course with a Diploma in Education will be able to finish their course with honours in four years instead of five. The Director of the
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    • 532 8  -  By Ng Wei Joo THE Children's Place, a preschool centre at Kay Siang Road, charges a pupil $l,OOO a month for a full-day programme and $6OO for a halfday programme. Yet parents have to go on a waiting list. Although it is
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    • 257 8 A PAEDIATRICIAN who researched local spores and pollen and their relation to allergic respiratory diseases, such as asthma, won this year’s Singapore Academy of Medicine Young Investigator's award. Dr Daniel Goh. 29, from the National University of Singapore, won the award
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  • Page 7 Advertisements
    • 48 7 MAKING AN ISSUE OF THE MAJOR ISSUES. The Straits Times Weekly 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.
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  • SPORTS
    • 419 9  -  By Joe Dorai SINGAPORE players were told to redeem themselves and re-establish the Republic as a great badminton nation. The call came from Ng Ser Miang, chairman of the Singapore Sports Council. He said that the road to the top had
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    • 758 9 Moore looks to the heavens as his players feel the heat Thomas Koh reports from Kangar on the Singapore-Perlis Malaysian Premier League soccer clash Perlis 2 Singapore 3 IT WAS not pretty, but Singapore managed to win its fifth consecutive match yesterday, keeping alive its
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  • MALAYSIA
    • 500 10 NST. IPOH Malaysia Airlines (MAS) passengers will, in future. have to hand over their portable electronic devices before boarding planes and collect them back after landing following four incidents of interruption of the navigation system of aircraft. Transport Minister Datuk Seri Dr Ling
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    • 398 10 The Al-Arqam movement THE Perlis state government has threatened to take action against two Al-Arqam women doctors who use pencils or pens to avoid touching patients they examine at the government hospital. Utusan Malaysia on Thursday reported that the authorities had received
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    • 201 10 NST. JOHOR BARU A 22-year-old unmarried woman was sentenced to 12 years’ jail for killing her newborn baby last year. Noraini Soid was also ordered to pay a M 54,000 (552.360) fine or six months’ jail for the offence. Sessions Court Judge
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    • 179 10 AP. KUALA LUMPUR A prostitute has been jailed after hitting a client with a broom and refusing to have sex with him because he had a ball bearing implanted in his genitals. A local court sentenced the 26-year-old prostitute to a day in jail
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    • 473 10 RELIGIOUS ministers of Brunei, Indonesia. Malaysia and Singapore have agreed to outlaw nikah mutaah, or temporary marriage, following reports that several such marriages have been contracted by Muslims in the region. They contended that nikah mutaah, which is allowed in the Shi’ite community but
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  • ASEAN
    • 526 11  -  S’pore Telecom in consortium to sign MOU By Paul Jacob Jakarta Correspondent JAKARTA A consortium of four private-sector companies from Singapore, Indonesia and the US took the first steps last Friday to set up a satellite-based mobile telecommunications system to serve the growing needs
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    • 392 11  -  By Paul Jacob. JAKARTA Visiting Defence Minister Lee Boon Yang yesterday described defence relations as an "extremely valuable and extremely important” facet of Singapore’s overall ties with Indonesia. He said in an interview that as the country’s new Defence Minister, he would make
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    • 140 11 AFP. MANILA The Philippine Interior Department has ordered motorcycle policemen to stop moonlighting as escorts at funerals and weddings of the rich and famous. Department Undersecretary Alexander Aguirre directed the police to enforce his order and warned that violators would be suspended or dismissed.
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    • 551 11  -  Religion-based groups urged to work in unity By Simon Sinaga in Jakarta PRESIDENT Suharto on Thursday advised religion-based intellectual groups that in their competition for influence they should not undermine the social cohesion which the country had achieved. He told a conference on human resources development that
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  • COMMENT / Pick of the week’s editorials
    • 633 12 AUG 12, 1994 INDONESIA can afford to be pleased with itself as it prepares to celebrate 49 years of independence next Wednesday. Earlier fears of labour strife, ethnic unrest, a slump in foreign investment and disputes with the United States, which buys about 14 per cent
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    • 613 12 AUG 11. 1994 SINGAPORE’S decision to forbid entry to the Al-Arqam leader. Mr Ashaari Muhammad, is fully in consonance with the Republic's secular character and firm commitment to the right to freedom of worship enjoyed by all Singaporeans. It is a corollary of these attributes that
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    • 657 12 AUG 9, 1994 TODAY, at 29, Singapore has much in common with its successful, well-educated twentysomething citizens. It earns more than it could dream of and basks in an economic sunshine that shows no sign of dimming. Indeed, with economic growth, especially this decade, exceeding
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    • 859 12  -  By Chua Mui Hoong THERE were 179,617 single men and women aged 30 and above in Singapore at the time of the 1990 census. The number is large, and there is every indication that it will grow. With the population
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  • COMMENT / ANALYSIS
    • 2610 13 BERTHA HENSON went to talk to DPM Lee Hsien Loong about dreams, in particular, the Singapore Dream and his own dreams. But they ended up talking mostly about reality. ARE Singaporeans a nation of dreamers? “No, we are not dreamers. We are practical, sensible. But at
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  • INSIGHT
    • 2027 14 A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK The queue for HDB flats has ballooned. It is growing longer by the day even as the Government decides how to allocate them to first-timers and upgraders. Zuraidah Ibrahim
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    • 264 14 SIX months before he got married three years ago. waiter Amir Mohammed Yassin applied for a four-room flat in Tampines. Said Mr Amir: “At that time, I saw vacant plots of land in Tampines. Now the flats are all up and
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    • OFF-THE-RECORD
      • 110 15 ONE of the better-kept secrets in the Information and Arts Ministry (Mita) is out: Brigadier-General (NS) George Yeo. does not have a speech writer. The minister writes his own. Since heading Mita in November 1990, he has made 131 speeches as of last week excluding
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      • 126 15 Publicity surrounding the nominees for Nominated MP must have irked some people on high. Recent enquiries with MPs who have now received the candidates' list drew a guarded "No comment". They explained that the list was being held “under secret cover". That did not stop some
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      • 65 15 THE Singapore Democratic Party may be going places to establish international ties, first to Hongkong and then Bangkok, but its members are on a shoestring budget. The delegation size depends on how much money each member can contribute. One said that for the Hongkong trip,
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      • 103 15 CHANGI MP Teo Chong Tee is a happy man. After reading in The Straits Times that a MRT extension to Changi airport was being reconsidered. he wrote to our colleague, Rav Dhaliwal, expressing his “great excitement”. He recounted how he had for many years
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    • 1001 15  -  THINKING ALOUD Han Fook Kwang IF ANYONE had ever wondered what a young Lee Kuan Yew would do today, the Senior Minister provided the answers two weeks ago, and in fair detail too. Did his hypothetical story turn out as expected? Were
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    • 828 15 THE Singapore International Foundation, set up three years ago this month, has made headlines with its string of programmes from getting Singaporeans to serve as volunteers overseas to organising activities for Singapore students studying abroad. Sumiko Tan interviewed
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  • MONEY
    • 7329 16 INDUSTRIAL AND COMMERCIAL TranMctlon Date: Aug 12,1994 19M Curr Laaf Vol Day Gr* Nat M Cap Wt Avg High Low Company Traded Sale Of000 High Lew Oiv P/E $mil Price 1440 835 #1 s Acma 980 4-60 203 985 930 17 5 15 7 675.5 937 800
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    • 335 17  -  2,317.79 yesterday. KOH KEAT KIAN. SHARE prices on the Singapore market soared this week as sentiment continued to improve. Interest was largely focused on Malaysian stocks traded over the counter here but towards the end of the week, the onslaught of retail investors
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    • 90 17 ST Industrials Index The Straits Times Industrials Indei rose 44.67 points on the week to 2317.79. DAY CLOSE TURNOVER Monday 2267 65 (-5 47) *****m ($490 043m) Tuesday Closed Wednesday 2276 50 (+8.85) 220 32m ($545 544m) Thursday 2300.03 23.53) *****m ($815 409m) Friday 2317 79 (+17.76) 414
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    • 508 18  -  Full-year forecast revised downwards after second quarter yields low 3.5% rate By Douglas Wong ENCOURAGED by a second-quar-ter inflation rate of just 3.5 per cent, the Government has revised downwards its full-year inflation forecast. Prices are now expected to increase over the full year by 4
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    • 2502 18 CORPORATE RESULTS <»mpan> Oak ann Net Lam n 1.3 (Sunt <>mi KPS n n (cl*) lets) U3K Hldgs Max M) f 1 40' 2 k5l 5 2 \0 Wnu )un 15 f 41 Mk 14 >8 f>2 5 23 1 \ivoni* like i 1 4 yi
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    • 112 18 THE Keppel Group is venturing into the cement business and expanding its presence in China with a 45 million yuan (about Ss9 million) investment in Kunming. Keppel’s vehicle for the project will be a 50-50 jointventure company, called XinMing Investment Pte Ltd, with listed Jurong
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    • 520 18 AFP. KUALA LUMPUR Malaysia’s central bank announced on Thursday the lifting of an eight month-old ban on the sale of short-term paper to foreigners, in a move analysts say was aimed at luring back foreign funds into the local fledgling
      – AFP.  -  520 words
    • 497 19  -  By Chan Sue Meng TWO of the Big Four local banks United Overseas Bank (UOB) and OCBC Bank were neck and neck in their first-half performance, with group net earnings rising by about 30 per cent each. According to their results released last Friday,
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    • 483 19 Friday August 12 ASM Pacific HKS 5.30 unch Allied Ind Int'l 0.66 -0.01 Allied Oversea 0.84 -0.01 Asia Sec Int 2.31 0.17 Bank of EA 31.90 -0.20 C P. Pokphand 2.36 0.03 CDL Hotel 3.39 0.05 Cafe Oe Coral 3.77 -0.13 Cath Pac Air 12.45 0 10 Century City
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    • 305 19 Manager’s prices for Aug 13 15 Singapore Unit Trust The Commerce 1 65—175 The Savings Fund 1.59—1 68 S pore Prog Fund 0.71-0.75 S pore Sec Fund 1.03—1 09xd S'pore Invest Fund 1.20-1.27 S'pore Equity Fund 084-0 89 Credit Lyonnais Int'l Asset Mgt CL Asia Pac Gr Fund
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    • 320 19 KEPPEL Corp last Thursday reported a 10.6 per cent increase in net after-tax earnings to $95.2 million for the six months to end-June. The growth came on the back of a strong increase in turnover, while divisional contributions to
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    • 321 19 SEMBAWANG Corporation on Monday reported a 6.8-per cent drop in net earnings to $41.1 million for the six months ended June 1994. The interim results would have been worse if not for higher contributions from associated companies and for a change
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    • 146 19 COUNTER RATES Singapore dollars to ono unit of foreign currency Buyin( 00 Stint US dollar 1.4946 1.5117 Sterling pound 2.2935 2.3472 Australian dollar 1.0982 1.1305 Canadian dollar 1.0740 1.0984 NZ dollar 0.8855 0.9157 EC unit 1.8534 Singapore dollars to 100 units of foreign currency Austrian schilling 13.3525 13.9421 Belgian
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    • 110 19 Contract data: 12/9/94 CURRENCY 1 MTH 3 MTH S MTH 9 MTH 12 MTH CALI VALUE DATE uss 4» 4H 4’4 5 54 34 16/8/94 AJ 44 44 5 s 54 6 34 16 8/94 NZS 5'/, 6 6'/4 64 64 34 16/8/94 STG 44 44 5'/«
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    • 644 20 More houses, chalets and new path to link up with Pasir Ris Park BEACHGOERS will be able to walk, jog or bike from Changi Beach Park to Pasir Ris Park via a connecting six-kilometre pathway, under the Urban Redevelopment Authority’s latest
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    • 473 20  -  By Kalpana Rashiwala NTUC FAIRPRICE, already the largest supermarket chain in Singapore, is set to give retailers of furniture and electrical goods a run for their money with its new low-interest, mail order service. The scheme, which Fair Price introduced about
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    • 422 20 THE Government plans to release 389 hectares of land in the exclusive Bukit Timah Holland Road area in the next few years making room for about 10,600 new landed properties, condominiums and apartments. The Bukit Turf Club site will be the
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  • Page 21 Advertisements
    • 994 21 The Straits Times Weekh Edition mmm mm tsmm v We Believe In Continuous Investment In EDUCATION TRAINING AND THAT’S WHERE II YOU COME IN. Yes, if your forte is in training, you can play an integral part in our organisation and provide the vital support our people need to achieve
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    • 976 22 \v\\ ft ft ft teg uitijtj/f, V'WUmL w Hutchinson TECHNOLOGY f V 4 i S V We are the very best of manufacturers in innovative precision products that create greatest value for the customer We are expanding our Asia operations and seek a competent and self-motivated high achiever to join
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  • FORUM
    • 779 23 Matthias Yao replies to Dr Chee Soon Juan DR CHEE Soon Juan wants me to debate the merits of his alternative to the PAP (below). The issues he raised have been canvassed extensively by US human rights groups and
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    • 1148 23 MR MATTHIAS Yao’s comprehension of the written word is dreadful (ST Weekly Edition, Aug 6). No person reading my previous letter would conclude that I am admitting to or denying espousing Western liberal ideas. Again, if Mr Yao cared to
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    • 464 23 SM’s address to NUS and NTU students SENIOR Minister Lee Kuan Yew, in his recent speech to undergraduates, said that the question uppermost in their minds was: How do I improve my career and increase my income year by year so that the good life
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