The Straits Times : Weekly Overseas Edition, 18 February 1995

Microfilm: NL20495
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
Page thumbnail Page 1
Page thumbnail Page 2
Page thumbnail Page 3
Page thumbnail Page 4
  • HOME
    • BG Lee on Singapore’s stake in the 21st century
      • Article
        S’pore must accept risks of venturing into region
        572 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 as
        572 words
      • Article
        Being able to compete among keys to success
        448 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
      • Article, Illustration
        MEETING CHALLENGES
        79 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 PSA
        79 words
      • Article
        Be ready to have views scrutinised
        334 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 faced
        334 words
    • Article
      Cancer-stricken, dying drug trafficker pardoned and freed
      255 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 at
      255 words
    • Article, Illustration
      Lock icon A chance to go back to school just to tie the knot
      408 5  -  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 mind
      Picture: Simon Thong  -  408 words
    • Article
      S’pore to host high-level travel meet next month
      545 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 Conference
      545 words
    • Article
      PAP youth wing to visit China in April
      383 5  -  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 in
      383 words
    • Article
      Part-time degree course for poly engineering grads
      564 6  -  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 polytechnic
      564 words
    • Article
      Temasek Poly wants to be good neighbour at new home
      268 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 have
      268 words
    • Article, Illustration
      English courts adopt S’pore-style changes to speed up justice
      639 6  -  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-trial
      639 words
    • Article
      Policy changes inevitable and essential: Hng Kiang
      495 6  -  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 last
      495 words
    • Article
      Offer of $20,000 extra for used cars raises eyebrows
      647 7  -  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 a
      647 words
    • Article
      WTO summit here tentatively set for Dec 6-13 next year
      233 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-slot
      233 words
    • Article
      Street life’s fine, but keep Orchard Rd’s image intact, please
      687 8  -  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 responding
      687 words
    • Article, Illustration
      IN THE PIPELINE
      97 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
Page thumbnail Page 5
Page thumbnail Page 6
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      187 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
Page thumbnail Page 8
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1242 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 1220
      1,242 words
Page thumbnail Page 9
  • SPORTS
    • Article, Illustration
      Lock icon ‘Nearly Man’ Chua lands his first local title
      588 9  -  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 Rover
      Picture by Jerry Seh.  -  588 words
    • Article, Illustration
      Wong among former stalwarts back in fray
      464 9  -  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
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • COMMENT / Pick of the week’s editorials
    • Article
      Turning the tables
      684 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 between
      684 words
    • Article
      Let’s keep it all heart
      677 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 possible
      677 words
    • Article
      Asia through Asian eyes
      686 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 an
      686 words
    • Article
      Do undergrads of NUS make prize-winning robots?
      778 12  -  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 of
      778 words
Page thumbnail Page 13
  • COMMENT/ANALYSIS
    • Article, Illustration
      Thrift vital in prosperity to avoid disaster when times get tougher
      1057 13  -  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 economic
      1,057 words
    • Article
      S’poreans get the law-strapped society they deserve
      839 13  -  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 and
      839 words
Page thumbnail Page 14
  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • Article, Illustration
      SDP: Appearance and reality
      2250 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 MP
      2,250 words
    • Article, Illustration
      On teaching NUS undergrads how to think, speak and write
      1052 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 in
      1,052 words
    • Article, Illustration
      Paying for good men it’s as old as the hills
      1065 15  -  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 which
      1,065 words
Page thumbnail Page 15
Page thumbnail Page 16
  • MONEY
    • Article
      SES MAIN BOARD
      6878 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 Amcol
      6,878 words
    • Article
      S’pore blue chips hold firm, KL speculatives take centrestage
      314 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 per
      314 words
    • Article
      DAY-TO-DAY INDICES
      83 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 ($969.268m) Friday 2137.13 (+4.06) 206 34m (S521 623m)
      83 words
    • Article
      GIC to invest with fund managers here
      577 18 Aim to build up local fund management industry THE Government of Singapore Investment Corporation (GIC) will invest with fund managers operating here rather than directly through those operating out of New York or Tokyo, says Finance Minister, Dr Richard Hu. In an interview
      577 words
    • Article
      CORPORATE RESULTS, DIVIDENDS ANNOUNCED
      2529 18 CORPORATE RESULTS i Net E arn e;hs Dale IY LY IY LY (uni pan > ann <Mn) (Sm) (cts) (cts) ABR Hldgx Sep 19 1 1 109 1.365 2.5 3.3 Aetna Sep 16 1 48 926 ***** 71.0 28.6 AISB* Nov 21 1’ 3057L 2 095
      2,529 words
    • Article, Illustration
      Lock icon SME group is eyeing Hainan for varied investment projects
      507 18  -  By Sunny Goh THE Association of Small and Medium Enterprises is eyeing China’s Hainan province for a wide range of investment projects from port construction to prawn rearing. It is sending a 30-member trade mission to the island in April to
      Timesgraphics  -  507 words
    • Article
      Some brokers cheat on contra period
      590 19  -  Others who follow stock exchange’s seven-day ruling strictly losing out in business By Goh Soo May and Chan Sue Meng STOCKBROKERS who comply strictly with the Stock Exchange of Singapore’s seven-day rule on contra trading are having a tough time keeping their clients as
      590 words
    • Article
      HONGKONG
      433 19 Friday February 17 HK$ 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 Kong
      433 words
    • Article
      UNIT TRUSTS
      324 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'pore
      324 words
    • Article
      Iras raked in $13b last year
      459 19 THE taxman had a bumper year in 1994. His takings last year jumped by more than 25 per cent, compared with the previous year. Figures released by the Inland Revenue Authority of Singapore (Iras) to The Straits Times last Friday show it raked in
      459 words
    • Article
      Japan business group to help sell Singapore-Suzhou township
      483 19  -  By Douglas Wong JAPAN’S most influential business organisation Keidanren will help to promote the SingaporeSuzhou township project to its members, which are involved in almost every economic activity in Japan. If Singapore can provide Keidanren (the Japan Federation of Economic Organisations) with
      483 words
    • Article
      CURRENCY
      143 19 COUNTER RATES Singapore dollars to ona unit ot foreign currency Buyk* 00 Saint US dollar 1.4401 1.4555 Sterling pound 2.4462 2.3065 Australian dollar 1.0485 1.0794 Canadian dollar 1.0117 1.0344 NZ dollar -0.8979 0.9281 EC unit 1.8445 Singapore dollars to 100 of foreign currency units Austrian schilling 13.4900 14.0651 Belgian
      143 words
    • Article
      ASIAN CURRENCY UNITS
      136 19 Contract data: 17/2/95 CURRENCY 1 MTU 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USJ 5 Vi 5 Vi 5 Vi 6Vi 6 1 4 Vi 21/2/95 AJ 7 Vi 7 »4 7 Vi 8'/4 8 Vi 5*4 21/2/95 NZ$ 8 Vi 8 Vi
      136 words
    • Article, Illustration
      S’pore Technologies Group announces major restructuring
      817 20  -  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-organisation
      817 words
    • Article
      Double-digit growth likely for banks
      435 20  -  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, analysts
      435 words
    • Article
      Hilton sets up Asian reservation centre here
      435 20  -  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 1,000
      435 words
Page thumbnail Page 17
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      1134 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 to
      1,134 words
Page thumbnail Page 23
  • FORUM
    • Article, Illustration
      Singapore press can adopt positive aspects of American media
      835 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, “cannot
      835 words
    • Article, Illustration
      NUS programme designed to enrich
      247 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 and
      247 words
    • Article, Illustration
      Give disabled the chance to contribute to S’pore’s future
      637 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, but
      637 words
Page thumbnail Page 24
  • Article, Illustration
    Wedding bells ring – and ring and ring
    452 24  - 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 couples
    452 words
  • Article
    Light rail trains may link HDB towns: Mah
    749 24  -  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