The Straits Times : Weekly Overseas Edition, 18 February 1995
1995-02-18
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The Straits Times : Weekly Overseas Edition
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Title Section18 1995-02-18 1 The Straits Times WEEKLY EDITION SATURDAY, FEBRUARY 18, 1995 Price: SU.2O (in Singapore) Elsewhere by subscription (P) 087/08/9418 words
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696 1995-02-18 1 Warren Fernandez - Ensuring social cohesion Keeping nation’s vigour Handling high expectations By Warren Fernandez DEPUTY Prime Minister Lee Hsien Loong last Friday spelt out three long-term issues Singapore has to worry about in order to stay ahead of its competitors. First, ensuring social cohesion in696 words
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Article, Illustration281 1995-02-18 1 Phan Ming Yen - By Phan Ming Yen THE Singapore Symphony Orchestra’s first Presidential Charity Concert last Friday night was such a display of talent that it drew high praise from President Ong Teng Cheong and a call for more sponsorship of young talent. He said:281 words
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Page 1 Advertisements
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Advertisement9 1995-02-18 1 Planning a CAREER Move CHECK OUT Pages 21 229 words
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NEWS FOCUS
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690 1995-02-18 2 DOMESTIC and most overseas mail charges will be increased from April 1. Singapore Post yesterday announced that charges for the first 20 g of local mail will be raised from the current rate of 20 cents to 22 cents690 words
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560 1995-02-18 2 Leong Chan Teik - By Leong Chan Teik MOTORISTS who rushed to book small and medium-sized cars before the start of new loan curbs helped prop up March prices of Certificates of Entitlement for these cars. Prices rose by about $l,OOO instead of falling,560 words
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414 1995-02-18 2 A PILOT multi-media computer project that would revolutionise learning in classrooms will start in six secondary schools next year as part of the Government’s plans to put students on the information superhighway. The schools to come under the $5 million project next January414 words
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428 1995-02-18 2 David Miller; and Chang Ai-lien - By David Miller and Chang Ai-lien AN ELDERLY woman stayed home alone with the dead body of her 76-year-old husband for three days, not knowing what to do or whom to call. When Madam A.S. Kong, 70, who is believed to be428 words
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615 1995-02-18 3 Wang Hui Ling - Under-the-table cash: HDB will buy flat at stated price By Wang Hui Ling SELLERS of HDB resale flats who under-declare the sale price of their flats may be forced to sell them at the price they declare to the Housing Board. Speaking in reply to questions from The Straits Times615 words
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104 1995-02-18 3 VIPS TOSS FOR GOOD LUCK: Prime Minister Goh Chok Tong and VIP guests from Malaysia tossing the traditional yu sheng at the Istana. On his right are Johor Mentri Besar Tan Sri Muhyiddin Yassin and Labour and Defence Minister Lee Boon Yang. On Mr Goh’s left is Malaysian High Commissioner104 words
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371 1995-02-18 3 Janice Seah - Wah, recognition at last and it is free too By Janice Seah in Perth ALL kiasu Singaporeans will be happy to know that they have at last managed to get something for nothing. The word kiasu, along with 90 other Asian colloquialisms from Singapore, Malaysia, Hongkong and the Philippines, has371 words
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497 1995-02-18 3 Brendan Pereira - Lawyers humiliating molest victims By Brendan Pereira CHIEF Justice Yong Pung How has said that if a lawyer conducted a cross-examination that humiliated and embarrassed a victim, he would assume that he was doing so on the advice497 words
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HOME
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BG Lee on Singapore’s stake in the 21st century
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572 1995-02-18 4 Deputy Prime Minister Lee Hsien Loong said that an important strategy for economic success had been to make Singapore a regional hub for all kinds of business activity. He spoke of the challenges ahead as Singapore sought to maintain its position as572 words
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448 1995-02-18 4 Telecoms BG LEE noted that telecom services here are the best in the region and equal to any developed country. But the situation is dynamic as worldwide the trend in the industry is away from the traditional Governmentowned monopolies towards greater competition.448 words
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Article, Illustration79 1995-02-18 4 TELECOM SERVICES: They are the best in the region, but Singapore must adjust quickly to new trends and stay abreast of new services and technology. PORT SERVICES: Geographical advantage is now less important. What is critical is how efficient the hub operates. Fortunately, BG Lee says, the PSA79 words
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334 1995-02-18 4 SINGAPOREANS are free to speak up and criticise the Government, but they must be prepared to have their views put under the microscope, Deputy Prime Minister Lee Hsien Loong said last Friday. Political debates were aimed at finding the best solutions to problems faced334 words
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255 1995-02-18 4 A DRUG trafficker who is terminally ill with cancer was freed from Changi Women’s Prison on Thursday. Sim Ah Cheoh, 50, is being looked after by relatives, said her lawyers. She was granted clemency by President Ong Teng Cheong and was released at255 words
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Article, Illustration408 1995-02-18 5 M. Nirmala - Report: M. Nirmala OLD girls of CHIJ St Nicholas Girls’ have another reason to go back to their school at Ang Mo Kio to marry. The school’s principal, Mrs Hwang-Lee Poh See, has just the place in mindPicture: Simon Thong - 408 words
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545 1995-02-18 5 Singapore Tourist Promotion Board to share ‘tourism unlimited’ vision SINGAPORE’S move to take the tourism business one notch higher will take off with a high-level conference of 500 key industry leaders from around the world next month. At this Global Tourism Conference545 words
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383 1995-02-18 5 Chiang Yin Pheng - By Chiang Yin Pheng YOUNG PAP will be sending a delegation on a 10-day trip to China in mid-April to meet members of the Communist Youth League, the youth wing of China’s Communist Party. This will be the third overseas trip in383 words
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564 1995-02-18 6 M. Nirmala - By M. Nirmala FROM July, polytechnic engineering graduates can upgrade themselves by signing up for a part-time Bachelor of Technology degree. Announcing details on Tuesday, Education Minister Lee Yock Suan said the Government offered this course as it recognised the aspirations of polytechnic564 words
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268 1995-02-18 6 TEMASEK Polytechnic wants to be good neighbours when it moves into its new home in Tampines in July. And it is not wasting any time with its plans to do community work. Its students from the Architecture Design department have268 words
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Article, Illustration639 1995-02-18 6 Brendan Pereira - By Brendan Pereira A NUMBER of provisions introduced in Singapore courts in recent years to cut the length of trials have been adopted by English courts. These include instructing witnesses to give their main evidence as written statements and holding pre-trial639 words
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495 1995-02-18 6 Chung Tsung Mien - By Chung Tsung Mien WHILE it may be difficult for the public to adapt to the changes made to policies, it is essential for the Government to react quickly before a situation worsens, said Acting Minister for National Development Lim Hng Kiang last495 words
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647 1995-02-18 7 Leong Chan Teik - Seat dealer calls it ‘marketing strategy’ Sales pitch or way around loan curbs? By Leong Chan Teik WHY is a car distributor willing to pay $20,000 above market price for a trade-in used car, and then raise the price of a647 words
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233 1995-02-18 7 THE pioneering Singapore summit of the World Trade Organisation (WTO) has been set down provisionally for Dec 6-13 next year. This date was agreed on at a meeting of ambassadors in Geneva last week, following representations from Singapore. “That time-slot233 words
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687 1995-02-18 8 Tan Yong Meng - By Tan Yong Meng OWNERS and tenants of buildings along Orchard Road and architects have cautioned against having a mishmash of activities and structures that may cheapen the image of Orchard Road as the premier shopping district. They were responding687 words
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Article, Illustration97 1995-02-18 8 SIDEWALK CAFE: The proposed landscaped area between the Thai Embassy and International Building, including a sidewalk cafe with a neo-classical garden theme. This will tie in with the entertainment outlet in International Building, which will be converted into a piano bar featuring vocal soloists from the region.97 words
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Page 7 Advertisements
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Advertisement187 1995-02-18 7 Home Delivery Weekly! The Straits Times BgSteii l£]Jnk‘s Plan '■uru 2» <3» fjjjS£t&£ «I 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.187 words
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Page 8 Miscellaneous
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Miscellaneous1242 1995-02-18 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3IM BAND) MONDAY 1100 News in Brief/Weather Forecast (Asia Pacific) 1105 Frontiers 1120 Business Market Report 1130 Full News 1138 The Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 E Z Beat 12201,242 words
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SPORTS
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Article, Illustration588 1995-02-18 9 Peter Khoo - But only after a scare from Lim Swee Wah GOLF: By Peter Khoo SINGAPORE’S Chua Guan Soon had never won a local golf tournament. Last Saturday, his luck finally changed when he emerged a clear winner in the Singapore Golf Circuit RoverPicture by Jerry Seh. - 588 words
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Article, Illustration464 1995-02-18 9 Thomas Koh - BOWLING By Thomas Koh JACK WONG leads a host of former internationals who have qualified for the national training squad. The Singapore Tenpin Bowling Congress on Thursday unveiled its 1995 national training squad and it comprises a good blend of youth and experience.464 words
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MALAYSIA
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Article, Illustration492 1995-02-18 10 KUALA LUMPUR The feasibility study on the site for a new international airport for the northern region would be ready in a month’s time, said Penang Deputy Chief Minister Datuk Dr Ibrahim Saad. He told Malaysian Business Times that492 words
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341 1995-02-18 10 Ismail Kassim - By Ismail Kassim KUALA LUMPUR The misunderstanding between Singapore and Malaysia over the ship pollution controversy has been cleared up following assurances and explanations by the Republic’s leaders. Johor Mentri Besar Tan Sri Muhyiddin Yassin and Minister of Science, Technology and Environment341 words
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324 1995-02-18 10 JOHOR BARU The temporary employment passes of a large number of foreign workers here have expired and developers fear that their projects will come to a standstill as a result of324 words
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476 1995-02-18 10 KUALA LUMPUR Thousands of Employees Provident Fund (EPF) members may be losing out because their contributions, amounting to MslBo million (***** million), could not be credited into their accounts for various reasons, The Star newspaper reported last Saturday. The EPF has476 words
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459 1995-02-18 10 Bernama. KUALA LUMPUR Four armed robbers were shot dead by police shortly after they had fled with jewellery worth Ms2.B million (Ssl.6 million) from three goldsmith’s shops at the ground floor of Plaza Sungei Wang here on Sunday. Their four accomplices,Bernama. - 459 words
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ASEAN
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187 1995-02-18 11 Nirmal Ghosh - By Nirmal Ghosh, Manila Correspondent THE Philippines supports a proposal by Prime Minister Goh Chok Tong for a Europe-Asia Summit, according to a Foreign Affairs Ministry spokesman. Mr Goh first mooted the idea for a “dialogue at the highest level” between European and187 words
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499 1995-02-18 11 Lee Kim Chew - By Lee Kim Chew VIETNAMESE Foreign Minister Nguyen Manh Cam on Monday said Vietnam would join Asean as its seventh member in July, but its participation in the Asean Free Trade Area (Afta) would come later, possibly in499 words
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Article, Illustration649 1995-02-18 11 Sumiko Tan - By Sumiko Tan in Manila A DEEP reservoir of goodwill exists between Singapore and the Philippines, and both countries seek to further strengthen their warm and friendly ties, President Ong Teng Cheong said on Wednesday night.SPH picture by LEONG KAM HUAN. - 649 words
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117 1995-02-18 11 AFP. JAKARTA Journalists working in the Indonesian province of Irian Jaya had been advised to take mar-tial-arts lessons to protect themselves from angry government officials, a newspaper reported here on Tuesday. The Jakarta Post daily reported that the Irian Jaya chapterAFP. - 117 words
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COMMENT / Pick of the week’s editorials
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Article684 1995-02-18 12 FEB 16. 1995 SOME people are having such a good time that they have no time to take warnings seriously. Almost three years ago, the Housing Board came out clearly against those under-declar-ing prices in its resale market. The practice involves the buyer settling the difference between684 words
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Article677 1995-02-18 12 FEB 14, 1995 SINGAPORE’S pragmatic face has a softer side. Nowhere is this more evident than in the big rush to marry today and the efforts made by the Ministry of Community Development (MCD) to fulfil these lovers’ wishes. Today’s record 1,099 marriages are possible677 words
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Article686 1995-02-18 12 FEB 13. 1995 SENIOR Minister Lee Kuan Yew presented an interesting set of figures in his speech at the Tanjong Pagar GRC Lunar New Year dinner last week. Western influence in Singapore stands at 60 per cent today, he said, with core Asian values exerting an686 words
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778 1995-02-18 12 Yeong Ah Seng - By Yeong Ah Seng RECENT Straits Times news report o! an NUS professor lamenting the need to teach undergraduates in the Arts and Social Science Faculty how to think is more than just a bit disconcerting. For if it is indeed indicative of778 words
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COMMENT/ANALYSIS
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Article, Illustration1057 1995-02-18 13 Tan Sai Siong - By Tan Sai Siong RECENT moves by the Government to slow down the spread of living on credit reflect a fear that Singaporeans’ thrifty habits may be eroded, with adverse consequences. Strong savings, a pillar in the country’s economic1,057 words
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839 1995-02-18 13 Chiang Yin Pheng - By Chiang Yin Pheng A FRIEND in the United States recently mailed me an article on Singapore from the American edition of this month’s Reader’s Digest. It was written in the first person by a first-time visitor. The line that foreign writers and839 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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Article, Illustration2250 1995-02-18 14 Ng Wei Joo finds out what is brewing within the Singapore Democratic Party and its leadership THE night of Jan 14, 1995, must have been a very lonely one for Mr Chiam See Tong. The founder of the Singapore Democratic Party and its very first MP2,250 words
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Article, Illustration1052 1995-02-18 15 Early this month, it was announced that Arts and Social Sciences students at the National University of Singapore would have to undergo a compulsory course, which would teach them to think, speak and write. Are NUS students really lacking in1,052 words
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Article, Illustration1065 1995-02-18 15 Han Fook Kwang - THINKING ALOUD Han Fook Kwang WHAT has the Duke of Wellington, or for that matter the Archbishop of Canterbury, got to do with the debate here over ministers’ salaries? Plenty, according to a Times of London piece last week which1,065 words
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MONEY
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Article6878 1995-02-18 16 1994/95 Curr Last Vol Day Gr'a Nat M Cap Wt Avg High Low Company Traded Sale •for'000 High Low Oiv P/E $mil Price *****8 m t s Acma 50c 440 unch 11 442 440 8 8 14.1 606.6 441 547* 267* t s Alex Hldgs 50c Amcol6,878 words
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314 1995-02-18 17 MALAYSIAN speculative counters continued to take centrestage this week, while Singapore bluechips held firm. Share prices in Singapore benefited from Thursday’s robust finish on Wall Street and regional bourses. The Dow Jones Industrial Average, which rose 27.92 points or 0.71 per314 words
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Article83 1995-02-18 17 ST Industrials Index The Straits Times Industrials Index rose 63.08 points on the week to 2137.13. DAY CLOSE TURNOVER Monday 2093.12 19.07) 284.75m ($642.510m) Tuesday 2089.07 (-4.05) 173.99m ($427.902m) Wednesday 2107 69 (+1862) 213.77m ($*****4m) Thursday 2133.07 25 38) 403.69m ($969.268m) Friday 2137.13 (+4.06) 206 34m (S521 623m)83 words
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577 1995-02-18 18 Aim to build up local fund management industry THE Government of Singapore Investment Corporation (GIC) will invest with fund managers operating here rather than directly through those operating out of New York or Tokyo, says Finance Minister, Dr Richard Hu. In an interview577 words
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2529 1995-02-18 18 CORPORATE RESULTS i Net E arn e;hs Dale IY LY IY LY (uni pan > ann <Mn) (Sm) (cts) (cts) ABR Hldgx Sep 19 1 1 109 1.365 2.5 3.3 Aetna Sep 16 1 48 926 ***** 71.0 28.6 AISB* Nov 21 1’ 3057L 2 0952,529 words
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Article, Illustration507 1995-02-18 18 Sunny Goh - By Sunny Goh THE Association of Small and Medium Enterprises is eyeing China’s Hainan province for a wide range of investment projects from port construction to prawn rearing. It is sending a 30-member trade mission to the island in April toTimesgraphics - 507 words
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590 1995-02-18 19 Goh Soo May; and Chan Sue Meng - Others who follow stock exchange’s seven-day ruling strictly losing out in business By Goh Soo May and Chan Sue Meng STOCKBROKERS who comply strictly with the Stock Exchange of Singapore’s seven-day rule on contra trading are having a tough time keeping their clients as590 words
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Article433 1995-02-18 19 Friday February 17 HK$ ASM Pacific 4.05 0.050 Allied Ind Infl 0.39 0.01 Allied Oversea 0.55 unch 2.77 unch Bank of EA 21.25 0.05 C.P Pokphand 1.90 -0.02 COL Hotel 3.10 unch Cafe De Coral 1 96 -0.04 Cath Pac Air 12.30 -0.40 Century City 1.85 0.02 Cheung Kong433 words
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Article324 1995-02-18 19 Manager’s prices for Feb 18 20 Singapore Unit Trust The Commerce 1.61—1.70 The Savings Fund 1.54-1.63 S'pore Prog Fund 058—0 62 S pore Sec Fund 0.95—1 01 S'pore Invest Fund 1.13—1 20 S'pore Equity Fund 0.72—C.76 Credit Lyonnais Int'l Asset Met CL Asia-Pac Gr Fund 2.480—2.605** CL S'pore324 words
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Article459 1995-02-18 19 THE taxman had a bumper year in 1994. His takings last year jumped by more than 25 per cent, compared with the previous year. Figures released by the Inland Revenue Authority of Singapore (Iras) to The Straits Times last Friday show it raked in459 words
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483 1995-02-18 19 Douglas Wong - By Douglas Wong JAPAN’S most influential business organisation Keidanren will help to promote the SingaporeSuzhou township project to its members, which are involved in almost every economic activity in Japan. If Singapore can provide Keidanren (the Japan Federation of Economic Organisations) with483 words
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Article143 1995-02-18 19 COUNTER RATES Singapore dollars to ona unit ot foreign currency Buyk* 00 Saint US dollar 1.4401 1.4555 Sterling pound 2.4462 2.3065 Australian dollar 1.0485 1.0794 Canadian dollar 1.0117 1.0344 NZ dollar -0.8979 0.9281 EC unit 1.8445 Singapore dollars to 100 of foreign currency units Austrian schilling 13.4900 14.0651 Belgian143 words
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Article136 1995-02-18 19 Contract data: 17/2/95 CURRENCY 1 MTU 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USJ 5 Vi 5 Vi 5 Vi 6Vi 6 1 4 Vi 21/2/95 AJ 7 Vi 7 »4 7 Vi 8'/4 8 Vi 5*4 21/2/95 NZ$ 8 Vi 8 Vi136 words
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Article, Illustration817 1995-02-18 20 Tammy Tan - Yeo Ning Hong appointed chairman of technology and construction giant By Tammy Tan THE Singapore Technologies Group has unveiled a major restructuring that could flag the future listing on the Stock Exchange of Singapore of a newly-formed technology and construction giant. Under the re-organisation817 words
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435 1995-02-18 20 Caroline Chan - By Caroline Chan BANKS are headed for double-dig-it growth for the financial year 1994. However, analysts expect earnings growth to be at more moderate levels, compared to the 40-50 per cent growth achieved in 1993. Anticipating bank results to be released early next month, analysts435 words
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435 1995-02-18 20 Tammy Tan - By Tammy Tan THE Hilton International hotel chain has chosen Singapore as the site for its first Asian regional reservation centre and more such centres may be established in the Republic by other companies in the next few months, sources say. Hilton’s 1,000435 words
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Page 21 Advertisements
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Advertisement9 1995-02-18 21 The Straits Times Weekly Edition vX XvX XvX. mma9 words
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Page 22 Advertisements
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Advertisement1134 1995-02-18 22 mm o L \arjLQL GM Singapore is a success story about quality products and quality people. It is a place where people are inspired to contribute ideas freely in a highlysupportive environment. Our management is always ready to listen and quick to encourage. So if you want your ideas to1,134 words
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FORUM
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Article, Illustration835 1995-02-18 23 IN “Democracy is the final victim of a cynical and adversarial press” (ST Weekly, Jan 14), Mr Koo Tsai Kee argues that journalists and writers who prescribe alternative “political agendas constantly" must enter the political arena; otherwise they, unlike politicians, “cannot835 words
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Article, Illustration247 1995-02-18 23 I REFER to your report on the NUS foundation course (ST Weekly, Feb 4) and the letter from Dr Daphne Pan Yuen (ST Weekly, Feb 11). First, let me clarify that the Faculty Enrichment Module comprises two first-year level foundation courses (a skills course and247 words
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Article, Illustration637 1995-02-18 23 WE AT the Disabled People’s Association (DPA) read, with great interest and encouragement, the article “Give the disabled a lift on the information highway” (ST Weekly, Feb 11). We are glad someone has cared to not only stop and look, but637 words
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Article, Illustration452 1995-02-18 24 Tan Hsueh Yun - Wedding bells ring and ring and ring By Tan Hsueh Yun THE wedding ceremonies went like clockwork. But far from being married in a production line, the 1,000-odd couples who were married on Tuesday had their own special moments, kissing after their ceremonies and frantically taking pictures. Although 1,099 couples452 words
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749 1995-02-18 24 Leong Chan Teik - Other uses: In CBD and as an MRT feeder service By Leong Chan Teik in Frankfurt COMMUTERS in Singapore may be able to use light rail trains (LRTs) to travel between HDB towns and for short distances in the Central Business District.749 words