The Straits Times : Weekly Overseas Edition, 13 May 1995
1995-05-13
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The Straits Times : Weekly Overseas Edition
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Title Section28 1995-05-13 1 The Straits Times WEEKLY EDITION SATURDAY, MAY 13, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/94 1143 YYY 1995 The Straits Times 150 YHARS28 words
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544 1995-05-13 1 Ahmad Osman - Have right attitude on learning new skills: PM By Ahmad Osman WORKERS who are willing to learn new skills will always be able to get a job in Singapore despite the relocation of la-bour-intensive industries to other countries, Prime Minister Goh Chok Tong544 words
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Article, Illustration267 1995-05-13 1 THE ONE THAT DIDN’T GET AWAY A GIANT 270 kg garoupa, the weight of two sumo wrestlers, stopped customers in their tracks at a Tampines Street 11 wet market last Saturday. Fishmonger Lim Big Joe, 45, who has a stall there, said he bought the267 words
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Page 1 Advertisements
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Advertisement13 1995-05-13 1 Planning a CAREER Move CHECK OUT Pages 21 22 8 *****1 h *****613 words
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NEWS FOCUS
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416 1995-05-13 2 Will not be over-reliant on any country THE Government will allow more foreigners to work here to ease the tight labour market but it will not make the mistake of becoming over-re-liant on any country. Labour Minister Dr Lee Boon Yang416 words
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Article, Illustration485 1995-05-13 2 Lim Li Hsien - By Lim Li Hsien LAWYER R. Yogendran may become the first of his profession to be caned, after he lost his appeal against conviction on five criminal charges on Friday last week. Chief Justice Yong Pung How cut his jail term to 4Mz years485 words
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Article, Illustration526 1995-05-13 2 ALL 30,000 copies of a CDROM on the life of Senior Minister Lee Kuan Yew have been booked less than three weeks after going on sale, and almost two weeks before its launch on Monday by Mr Lee. The526 words
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Article, Illustration407 1995-05-13 3 David Miller - Typewriter manufacturer to close Batam factory too; retrench 1,100 workers By David Miller SMITH Corona, the American typewriter manufacturer, will close its two factories in Singapore and Batam and retrench a total of 1,100 workers. Its vice-president and general manager, Mr C.C. Chua, said407 words
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Article, Illustration415 1995-05-13 3 Anjali Puri - By Anjali Puri SINGAPORE will not be considered a developing country from January next year, the Organisation for Economic Cooperation and Development has said. Its 22-member Development Assistance Committee said after a two-day meeting in Paris that six countries, including Singapore and415 words
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627 1995-05-13 3 Liang Hwee Ting - By Liang Hwee Ting A SCHOOL teacher suffered a broken nose when a rowdy student he tried to send out of class punched him. The student, a Secondary 5 boy from a neighbourhood school in Yishun, has been suspended since. Sources said the teacher, a627 words
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HOME
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603 1995-05-13 4 Bertha Henson - PM Goh gives candid views in China on dispute By Bertha Henson in Beijing THE dispute over the Spratlys involves more than the question of sovereignty or which country should benefit from their resources, said Prime Minister Goh Chok Tong on Thursday. It also involves603 words
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Article, Illustration356 1995-05-13 4 SINGAPORE’S only known copy of The Straits Times’ inaugural issue has been sent for re-restoration to the National Archives of Singapore. The copy, which belongs to the National Library, was last restored in 1992. It was thought that the Times House library had an original copy of356 words
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496 1995-05-13 4 Lee Yee Hwa - By Lee Yee Hwa A FORMER policeman was jailed for four years on Monday for using a dead man’s ATM card to raid his bank account. Harold Rajah, 32, withdrew $66,610 from the late Mr R. Chandran’s bank account to clear496 words
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506 1995-05-13 5 Zuraidah Ibrahim - Company to run such services to be set up soon By Zuraidah Ibrahim A PRIVATE-sector company which will launch ATM-like kiosks offering a spread of services, from payment of bills to the sale of concert tickets, is likely to be set up506 words
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333 1995-05-13 5 Th£ High Court on Tuesday ordered the parties found guilty of contempt of court over the case of American academic Christopher Lingle to pay costs totalling $83,876. Assistant Registrar James Leong made the ruling after prosecution and defence lawyers failed to agree333 words
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496 1995-05-13 5 CHIEF Justice Yong Pung How showed on Friday last week that Singapore courts will come down hard on violations of intellectual property by jailing a trader who had appealed against a $llO,OOO fine for selling and importing fake cognac. The Chief Justice496 words
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Article, Illustration421 1995-05-13 5 825 cartons of cigarettes also seized from boat THIRTY-SEVEN illegal immigrants tried to enter Singapore on a wood-loaded motorised sampan disguised as a barter trade boat. All 37 Indonesian men, aged between 15 and 43, were arrested by the Police Coast Guard on Tuesday. Police also421 words
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604 1995-05-13 6 Rav Dhaliwal - By Rav Dhaliwal A SINGAPORE-LOS ANGELES travel package on Malaysia Airlines is going for under $9OO with return airfare and a two-night hotel stay in Los Angeles for $895. Safe-KNT is also offering return airfare to LA plus three nights’ stay at $l,lBB.604 words
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135 1995-05-13 6 THE Minister of State for Trade and Industry, and Communications, Mr Goh Chee Wee, will lead a 15-day trade and investment mission to Argentina, Brazil and Chile later this month. Accompanying him on the trip from May 27 to June 10 are135 words
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366 1995-05-13 6 Peruvian jailed for stealing briefcase A SCHEME hatched by South American tourists to steal the belongings of other visitors at Changi Airport is causing a headache for airport police, a district court heard last Saturday. Most of the offenders get away because the366 words
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Page 6 Miscellaneous
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Miscellaneous1247 1995-05-13 6 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M 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 12201,247 words
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SPORTS
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Article, Illustration728 1995-05-13 7 Joe Dorai - National soccer coach Douglas Moore appointed Chief Executive Officer SOCCER by Joe Dorai THE Singapore Professional Football League or S-League, which is expected to lift the game into the era of professional football, has found the man to fill its top post: that of league728 words
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220 1995-05-13 7 Lee Yulin - By Lee Yulin THE blueprint for the new Singapore Soccer League was announced by the Football Association of Singapore on March 2 this year. The FAS appointed a task force which spent almost a year to work out the plan to revamp220 words
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330 1995-05-13 7 Thomas Koh - By Thomas Koh THE dramatic success of Singapore’s women table tennis team at the recent Commonwealth Championships has provided food for thought to the Singapore Badminton Association. The SBA, which had been dead-set against the use of foreign players for its Thomas330 words
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MALAYSIA
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Article, Illustration668 1995-05-13 8 Guidelines for govt leaders on conflict of interests and declaration of assets Bernama, Reuter. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad said that his government would sack political leaders who breached a new code of ethics which was being drawn up. HeBernama,; Reuter.; Reuter picture. - 668 words
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409 1995-05-13 8 Bernama, AFP, Reuter. KUALA LUMPUR Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad said last Saturday that he had expelled at least 40 members from his political party for opposing the government in recent national polls, and expected to sack more. He alsoBernama,; AFP,; Reuter. - 409 words
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454 1995-05-13 8 KUALA LUMPUR The Health Ministry is studying details on a possible move to allow foreign participation in private hospitals. Its minister, Mr Chua Jui Meng, said on Tuesday that the move would relieve mounting pressures on existing public hospitals, both in terms454 words
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286 1995-05-13 8 Bernama. KUALA LUMPUR The government banned the screening of the Tamil film Bombay because it portrayed a clash of Muslim and Hindu religions which could incite racial disharmony. Deputy Home Affairs Minister Megat Junid Megat Ayob said in a statement on Friday last– Bernama. - 286 words
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ASEAN
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706 1995-05-13 9 Leticia Perez - Emphasis to be on labour and social programmes Philippines elections Reports by Leticia Perez in Manila PHILIPPINE President Fidel Ramos is pushing for a host of reforms with emphasis on issues linked to labour and social programmes as his ruling party heads706 words
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Article, Illustration541 1995-05-13 9 Yeo Hwee Yong - By Yeo Hwee Yong SINGER Teresa Teng’s Caucasian boyfriend Paul Steaven was apparently the last person she spent time with before her death from an asthma attack in Chiangmai on Monday. Little is known about him as he is a publicity-shyReuter picture. - 541 words
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333 1995-05-13 9 Simon Sinaga - By Simon Sinaga JAKARTA The Indonesian government said on Monday it would introduce a new package of economic deregulation measures later this month to strengthen the country’s competitiveness and reduce inefficiency. The announcement was made amid growing calls from economists to step333 words
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COMMENT / Pick of the week’s editorials
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Article639 1995-05-13 10 MAY 13, 1995 ON THE face of it, the decision of the OECD (Organisation for Economic Cooperation and Development) last week to classify Singapore, together with several other countries, as developed economies should bring few changes to life here. How average Singaporeans go about their639 words
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Article621 1995-05-13 10 MAY 11, 1995 THERE can be no two opinions on Prime Minister Goh Chok Tong’s view that Singapore has the resources to improve the assets of its citizens. Vision, economic planning and husbanding of funds account for the prosperity that has prompted the Organisation for Economic621 words
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Article687 1995-05-13 10 MAY 9, 1995 ANOTHER signal suggesting that this might be a watershed year for the booming private residential market was received yesterday. The Urban Redevelopment Authority price index for this market edged up by 2.7 per cent in the first quarter, compared to a 9.3-per cent687 words
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768 1995-05-13 10 Yeong Ah Seng - By Yeong Ah Seng IT IS a confusing world we live in. It used to be that a simple set of rules was all that it took to bring about good health and security in our lives. No doubt society is768 words
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COMMENT/ANALYSIS
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Article, Illustration1182 1995-05-13 11 Tan Sai Siong - By Tan Sai Siong SCENE one. I was in a slow-moving POSBank queue and was able to observe what others ahead of me did when they were served. I was amazed that about one-third of them gave their thumb prints1,182 words
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971 1995-05-13 11 Chua Huck Cheng - By Chua Huck Cheng The Sunday Times on April 30 had, on its front page, a picture of Chinese students playing sepak takraw at the Geylang Serai Malay Village. It had to be foreign to these boys of Chinese High School, an971 words
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CPF NEWSLINE A CORPORATE NEWSLETTER FOR CPF MEMBERS 02/95
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Article207 1995-05-13 12 / 13 Dependants' Protection Scheme (DPS), a term life insurance introduced in 1989, provides financial protection for CPF members and their families in the event of the insured member's permanent disablement or death. The scheme covers Singapore Citizens and Permanent Residents aged 16 to 60 who are207 words
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Article329 1995-05-13 12 / 13 HomeProtectioii§cheme The age limit of the Home Protection Scheme (HPS) has been raised from 55 to 60 with effect from 1 March 95 to be in line with the current legal retirement age. This means that CPF members can now enjoy insurance cover for their HDB/329 words
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Article, Illustration180 1995-05-13 12 / 13 You need to set aside a Minimum Sum when you turn 55. This is to assure you of a monthly retirement income from age 60. So what are your options under the Minimum Sum Scheme? Mk Since the introduction of180 words
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Article, Illustration91 1995-05-13 12 / 13 From 1 April 95, CPF members below 55 or who are above 55 and still in employment need to P maintain $18,000 in their pMedisave Accounts. The limit is increased by $1,000 yearly. Contributions in excess of the limit will be transferred to member's Ordinary Account.91 words
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Page 12 / 13 Advertisements
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Advertisement329 1995-05-13 12 / 13 A reward for your contribution to Singapore's growth! grant! Don't miss Retirees, housewives and students! Here's your chance to enjoy the Government's $300 grant if... you are a Singaporean aeed 21 and above as at 31 August 95; and you have contributed at least $750 to your CPF between 1329 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, Illustration1990 1995-05-13 14 Four years ago, the Service Improvement Unit was set up to promote quality service in government. On Friday last week, the public service declared its commitment to push public servants into thinking of new ways to provide better service. Why is1,990 words
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Article, Illustration1002 1995-05-13 15 Edward Tang - THE INSIGHT BRIEF By Edward Tang MICHAL Vana, Nick Leeson, Rajan Pillai. All three have either been alleged to have fallen foul of Singapore law, or found guilty, and all have fled Singapore’s shore. While Czech footballer Vana is back1,002 words
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Article, Illustration1029 1995-05-13 15 Asad Latif - THINKING ALOUD Asad Latif IAM thinking of committing a crime. I am considering kidnapping a Politically Correct person and confining him to a room till he has read the Collected Works of Michael Fay: listened to the Collected Speeches of Rodrigo Duterte:1,029 words
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MONEY
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Article7088 1995-05-13 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Mav 12.1995 1995 Curt Laat Vol Day Qr’a Net M Cap Wt Avg High Low Company Traded Sale +or'000 High Low Div P/E Smil Price 482 382 m t Acma 50c 412 cd 4 415 424 406 22.5 86 5660 403 4507,088 words
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392 1995-05-13 17 2J.79.87, up 1527 points. — GOH SOO MAY - 2J.79.87, up 1527 points. GOH SOO MAY THE stock market belonged to the bull this week. Trading had started on a positive note on Monday when selective buying of blue chips was observed on the part of foreign funds This continued on392 words
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Article79 1995-05-13 17 ST Industrials Index The Straits Times Industrials Index rose 121.07 points on the week to 2179.87. DAY CLOSE TURNOVER Monday 2075.88 17 08) 99 918m (5329.585m) Tuesday 2091.90 16.02) *****m (5414 790m) Wednesday Closed Thursday 2164.60 72.70) 367 97m (*****93m) Friday 2179.87 15.27) 337.20m (*****24m) BT— MGA Index79 words
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Article, Illustration571 1995-05-13 18 Group led by SPH, Keppel Corp to start providing service in 1997 THE consortium led by Singapore Press Holdings (SPH) and Keppel Corporation has won the licence to be Singapore’s second mobile phone operator, and will begin service offerings on AprilJ Source: Telecommunication Authority of Singapore; Timesgraphic - 571 words
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3049 1995-05-13 18 CORPORATE RESULTS ompany l>alc ann Net Earn n IV <$m) (Sm) EPS TV LY (ctsl (els) MSB* Mar 31 1 1.913 0843 *2 0.92 Alliance Tech Mar 30 P 1 3801. 1 564L Amcol Mar 24 I* 43 366 19 108 149 6.9 Amtek Mar N3,049 words
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198 1995-05-13 18 THE search is on for the most outstanding marketing effort by a Singapore company. The Singapore Marketing Award, created by the Marketing Institute of Singapore (MIS), will be the first to pay tribute to companies here for their marketing efforts. At the launch of the award198 words
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205 1995-05-13 19 TRADING group Intraco will continue its overseas expansion drive this year in order to broaden its profit base. This was disclosed by chairman Hwang Peng Yuan in the group’s latest annual report released recently. “Through acquisitions, new business ventures and moving into more value-added activities,205 words
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Article418 1995-05-13 19 Friday May 12 HK$ ASM Pacific 5.80 0.250 Allied Ind Int'l 0.37 -0.03 Allied Oversea 0.51 -0.01 Asia Sec Int 2.85 unch Bank of EA 22 65 0.55 C P Pokphand 2.55 -0 08 CDL Hotel 3.80 0 10 Cafe De Coral 1.93 0.02 Cath Pac Air 11.10 0.40418 words
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Article352 1995-05-13 19 Manager’s prices for May 13 16 Singapore Unit Trust The Commerce 1.58—1.67*d The Savings Fund 1.53—1.62 S'pore Prog Fund 0.61—0.65 S pore Sec Fund 0.99 —105 S'pore Invest Fund 1.18—1.25 S'pore Equity Fund 0.74—0.79 Credit Lyonnais Int'l Asset Mgt CL Asia Pac Gr Fund 2.460—2.585** Cl S'pore Gr352 words
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Article, Illustration316 1995-05-13 19 ESSO Singapore said on Monday that it will invest $35 million to boost the capacity of its Pulau Ayer Chawan refinery to 650,000 tonnes of lubricants per year. The expansion is part of its long-term strategy to upgrade investments in Singapore316 words
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382 1995-05-13 19 Report set to be ready even before Bank of England’s THE first official investigation into the collapse of British merchant bank Baring Brothers will be completed by Singapore inspectors early next month. The report will be submitted to Finance Minister Richard Hu382 words
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Article146 1995-05-13 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buyinc 00 Selling US dollar 1.3924 1.4094 Sterling pound 2.1522 2.2057 Australian dollar 1.0091 1.0404 Canadian dollar 1.0238 1.0483 NZ dollar 0.9179 0.9501 EC unit 1.8204 Singapore dollars to 100 of foreign currency units Austrian schilling 13.5203 14.1321 Belgian146 words
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Article121 1995-05-13 19 Contract data: 12/5/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US* 5 Vi 54 54 54 54 44 16/5/95 AJ 6 7 n 7 7'4 74 74 54 16/5/95 NZ$ 8'/* 84 8 74 7 Vi 7 Vi 16/5/95 STG121 words
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Article, Illustration766 1995-05-13 20 Kalpana Rashiwala - Analysts differ on reading of 2.7% rise in URA index in first quarter By Kalpana Rashiwala THE latest URA figures show that the private housing market is consolidating, with the Urban Redevelopment Authority’s price index rising 2.7 per cent in the firstTlmetqraphici; Source: URA; Timesgraphics - 766 words
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311 1995-05-13 20 THE first factory to start production at the Wuxi-Singapore Industrial Park in China Seagate Technology’s US$3O million (Ss42 million) disk drive plant will be run primarily by a Singaporean management team. This was disclosed by the group’s chief operating officer, Mr311 words
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124 1995-05-13 20 SINGAPORE’S new representatives to the Asia Pacific Economic Cooperation’s (Apec) Pacific Business Forum (PBF) are Singapore Telecom president and chief executive Brig-Gen Lee Hsien Yang and Haw Par Bros president and chief executive Dr Hong Hai. The Ministry of124 words
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396 1995-05-13 20 Ronnie Lim - Ongoing talks explore co-investment in projects in third countries By Ronnie Lim MARKING a new stage in its regionalisation drive, the Government, through its agencies such as the Government of Singapore Investment Corporation (GIC), is understood to be discussing possible tie-ups with396 words
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Page 21 Advertisements
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Advertisement732 1995-05-13 21 The Straits Times Weekly Edition 3M Here is your opportunity to develop your career in a leading U.S. based Fortune 500 multinational company in Singapore. We have an immediate opening for the following position: TECHNICAL SUPPORT ENGINEER Prerequisites: Degree in Chemistry/Chemical Engineering, preferably with a Degree/ Diploma in Textiles Technology732 words
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Page 22 Advertisements
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Advertisement789 1995-05-13 22 1. SNR/PRODUCTION ENGINEERS Support production to meet schedule, quality and cost objectives. Improve manufacturing process and maintain production equipment tools. Plan, coordinate and implement new product start-up. Degree/Diploma in Electrical/Electronics/ Mechanical Engineering Familiar and experienced in wave soldering, dip coaling, conveyor systems or PCBA manufacturing preferred 2. SNR/TEST ENGINEERS Modify789 words
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FORUM
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357 1995-05-13 23 I WAS appalled by the news about the proposed establishment of off-course betting centres by the Turf Club (ST Weekly, May 6). This is especially surprising, coming at a time when Singaporeans are reminded constantly to preserve our "Asian values". Since young I357 words
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Article, Illustration241 1995-05-13 23 I REFER to the letter “Offcourse betting will lead to more gambling” by Mr Tan Aik Fong (above). The introduction of offcourse betting is not a measure to eliminate gambling, but rather to reduce the scope for illegal gambling. We agree with241 words
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Page 23 Advertisements
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Advertisement124 1995-05-13 23 Dear Readers, THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in very exceptional circumstances, such124 words
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Advertisement50 1995-05-13 23 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. The StraitsTiines50 words
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668 1995-05-13 24 Zuraidah Ibrahim - New initiative to change staff work values, attitudes By Zuraidah Ibrahim THE public service on Friday last week declared a new mission to change work values and attitudes to take the service into the 21st century. Spearheaded by all the permanent secretaries, the668 words
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Article, Illustration761 1995-05-13 24 Lee Siew Hua - By Lee Siew Hua Bangkok Correspondent SINGAPORE and Thai authorities are searching for a Singaporean couple who left their newborn twins in a Phuket hospital three weeks ago and have been missing since. The twins, Malcolm and Terry Tan, were761 words