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Straits Times (Overseas ed), 30 March 1996

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Article also available on Microfilm Reel NL20732


Masthead [TITLE SECTION]

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The Straits Times WEEKLY EDITION SATURDAY, MARCH 30, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MIT A (P) 008/98/95

Private sector stints for Admin Service officers [ARTICLE]

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Private sector stints for Admin Service officers More overseas postings too to give them exposure By Chua Mui Hoong THE Government plans to attach officers from the Administrative Service to private companies to give them firsthand experience of working conditions in the private sector. It will also send these officers

Kartar Singh Thakral named top businessman [ARTICLE+ILLUSTRATION]

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Kartar Singh Thakral named top businessman BUSINESSMAN OF THE YEAR PROMINENT local businessman Kartar Singh Thakral, who has blazed a trail in regionalisation, was last night named the 1995 Businessman of the Year. Dr Han Cheng Fong, deputy chairman and group CEO of DBS Land Ltd, clinched the Outstanding Chief

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o V Planning a CAREER Move CHECK OUT Pages 21 22 Expect $25 chicken rice if you want a Swiss standard of living: Page 13

NEWS FOCUS

Appeal court makes unprecedented move [ARTICLE+ILLUSTRATION]

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Appeal court makes unprecedented move Judges let man sort out case in Muslim court Can High Court enforce Syariah Court orders? By Brendan Pereira THE Court of Appeal on Wednesday reserved its judgment on a case for an unprecedented six weeks to allow a man to sort out his appeal

ABOUT THIS CASE [ARTICLE]

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ABOUT THIS CASE Facts: Madam Salijah Abdul Latef was divorced from Mr Mohamed Irwan Abdullah Teo according to Muslim law in 1993. The Syariah Court gave her custody of her three children, aged between eight and 12, and ruled that the matrimonial flat be transferred to her. However, she was

Alliance credit lines suspended for now [ARTICLE]

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Alliance credit lines suspended for now But company vows to continue its business By Jean Chia and Chan Wee Chuan ALLIANCE Securities’ credit lines have been suspended temporarily, but the local stockbroking firm yesterday pledged to continue its business. “Alliance has no plans to wind up its business,” it said

Banking system in Singapore rated most secure among Asian NIEs [ARTICLE]

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Banking system in Singapore rated most secure among Asian NIEs SINGAPORE’S banking system has been lauded as the most secure among Asia’s newly industrialised countries in a report by US credit rating agency Standard Poor’s (SAP). “Top-notch regulation and well-disciplined management have yielded high capital ratios and hidden reserves for

3,000 prospective teachers apply to Education Ministry [ARTICLE+ILLUSTRATION]

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3,000 prospective teachers apply to Education Ministry Many prompted by changes announced recently in Parliament By Leong Ching Ching WITH more than two weeks to go before the closing date, the Education Ministry has already received more than 3,000 applications from people who want to be teachers. This is 50

SM ‘doing extremely well’: Doctor [ARTICLE+ILLUSTRATION]

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SM ‘doing extremely well’: Doctor MR LEE Kuan Yew is "doing extremely well’’, said his principal physician Dr John Wong, adding that the Senior Minister was a very good patient who took steps to help ensure his recovery after an operation for a blocked heart artery. “I don’t think we

Changi Airport ranked second in Iata survey [ARTICLE]

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Changi Airport ranked second in Iata survey SINGAPORE’S Changi Airport has been voted one of the world’s top two airports by airline passengers, the International Air Transport Association (lata) said on Monday. In its latest annual survey of some 45,000 airline passengers, Manchester scored 8.32 points and Singapore 8.26 out

HOME

Huge savings for people who chose mediation over litigation [ARTICLE]

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Huge savings for people who chose mediation over litigation They saved sl.4m-$2.7m in legal fees so far: Subordinate Courts By Brendan Pereira PEOPLE who chose mediation over litigation have saved themselves between $1.4 million and $2.7 million in legal fees so far, said the Subordinate Courts. These are the estimated

Chapel of light and glory... [ARTICLE+ILLUSTRATION]

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Chapel of light and glory... THE nuns would have loved it. Or hated it. But they would have agreed on one thing: the 19th-century Convent of the Holy Infant Jesus in Victoria Street looked nothing like its former self on Thursday last week, when it hosted its first event as

CNB operation nets 200 people, 1,000 Ecstasy pills [ARTICLE]

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CNB operation nets 200 people, 1,000 Ecstasy pills By Tan Ooi Boon THE Central Narcotics Bureau has nabbed two unemployed men for suspected trafficking in more than 1,000 Ecstasy pills and also rounded up more than 200 alleged drug offenders in a series of raids which ended yesterday. The island-wide

Drug-andmolest man gets 2 years, 3 strokes of cane [ARTICLE+ILLUSTRATION]

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Drug-and-molest man gets 2 years, 3 strokes of cane A 26-YEAR-OLD sales engineer pleaded guilty on Wednesday to drugging an excolleague and molesting her in a hotel room. Choy Wing Kin, who appeared before District Judge S. Thyagarajan, was sentenced to two years’ jail and three strokes of the cane.

Well show you we’re not dingy sweatshops, ITE tells public [ARTICLE+ILLUSTRATION]

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Well show you we’re not dingy sweatshops, ITE tells public By M. Nirmala THE Institute of Technical Education (ITE) will invite members of the public to its Bedok and Ang Mo Kio campuses in an effort to shake off the perception that its schools are dingy sweatshops, teaching vocational training.

Couples fume at restaurant closure [ARTICLE]

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Couples fume at restaurant closure By Ginnie Teo TWENTY couples who had made wedding dinner bookings at a Chinese restaurant in The Plaza at Beach Road are left high and dry with the closing of the restaurant. They are believed to have left at least a minimum deposit of $l,OOO

CDAC to spend $1.1 m on Skills Training Awards [ARTICLE]

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CDAC to spend $1.1 m on Skills Training Awards THE Chinese Development Assistance Council (CDAC) will spend $l.l million this year providing Skills Training Awards as a result of its move to relax the eligibility criteria for the awards. The council expects the number of applicants for the awards to

Myopic pupils in 4-year contact lens trial [ARTICLE+ILLUSTRATION]

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Myopic pupils in 4-year contact lens trial Eye institute to study whether such lenses can slow down worsening shortsightedness By Indrani Nadarajah THE Singapore Eye Research Institute will be carrying out a four-year trial among 300 primary school pupils, aged between seven and 10, in July to see if hard

Chee agrees to pay Chiam $10,000 for legal services [ARTICLE]

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Chee agrees to pay Chiam $10,000 for legal services Out-of-court settlement reached in case By Ng Wei Joo SINGAPORE Democratic Party secretary-general Chee Soon Juan has agreed to pay Mr Chiam See Tong $lO,OOO for the latter’s legal services rendered to him more than two years ago. The amount, which

Student’s prize in essay contest is Britain tour [ARTICLE+ILLUSTRATION]

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Student’s prize in essay contest is Britain tour HE S BEEN TO LONDON TO VISIT THE QUEEN SEVENTEEN-YEAR-OLD Laurence Lim Shen has just returned from an international air travel and study tour to Britain, during which he met Queen Elizabeth. On his meeting with the Queen, Laurence commented: “It’s something

15,000-20,000 extra COEs over next few years [ARTICLE]

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15,000-20,000 extra COEs over next few years THE Government will release between 15,000 and 20,000 extra Certificates of Entitlement (COEs) over the next three to four years as a result of electronic road pricing (ERP). The extra COEs represent a Vi to 1 per cent increase in the vehicle population

Designs of stations to reflect heritage of area [ARTICLE]

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Designs of stations to reflect heritage of area Three specific stations identified by LTA North-east MRT line By Geraldine Yeo THE new stations along the North-east MRT line will be designed where possible thematically, to reflect the heritage of their surrounding areas, as many are sited in places with unique

Entertainment centres ‘to move into housing estates’ [ARTICLE]

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Entertainment centres ‘to move into housing estates’ Likely to include food and cater to greying population By Rav Dhaliwal FAMILY entertainment outlets are likely to hit housing estates in a big way with more games-cum-food arcades being set up in residential town centres, said one of the major entertainment operators.

First shopping-centre library opens [ARTICLE]

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First shopping-centre library opens SIX-YEAR-OLD Tay Wei Chain nods vigorously when asked if he enjoys reading. But he seldom goes to the library. He lives in Jurong West, three MRT stops away from the nearest library at Jurong East. His mother, a housewife, does not have the time to take

Most divorces here can be settled through mediation says counsellor [ARTICLE+ILLUSTRATION]

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Most divorces here can be settled through mediation says counsellor By Lim Li Hsien UP TO 80 per cent of divorce cases in Singapore can be settled through mediation or court counselling, said a visiting court counsellor who is here to help Singapore's Family Court develop its own style of

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FOR FAMILIES, FRIENDS, BUSINESSES IN THE U.S.A.: Telephone calls and faxes from the U.S.A. (in U.S. dollars, on a per minute basis) to Singapore $0.26, Australia $0.25, Hong Kong $0.41, Japan $0.33, Malaysia $0.99, New Zealand $0.43, South Korea $0.69, Taiwan $0.58, Thailand $1.14, U.K. $0,23, etc. 6-seconds billing with

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Home Delivery Weekly! A crisp summary of the week's major happenings in Singapore, the newspaper covers news from politics, to business, to investment opportunities and others. What's more, it also offers news on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be, once a week. So,

Page 8 Miscellaneous

Page 8 Miscellaneous Column 1 [MISCELLANEOUS]

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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 T he Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 Z Beat

SPORTS

Only 11 will make trip to Atlanta [ARTICLE]

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Only 11 will make trip to Atlanta Woman shuttler Zarinah and six others fail to get nod for Olympics By Thomas Koh CERTAIN athletes who met the Olympic qualifying requirement were left out while others who failed to achieve the set target will be on the plane to Atlanta come

ATLANTA, HERE WE COME! [ARTICLE+ILLUSTRATION]

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ATLANTA, HERE WE COME! HERE are the 11 Singapore athletes who survived the SNOC’s axe for the Olympics. Lee Wung Yew (Shooting) Charles Lim (Yachting) Yvonne Danson (Athletics) Joscelin Yeo (Swimming) Siew Shaw Her (Yachting) James Wong (Athletics) Desmond Koh (Swimming) Benedict Tan (Yachting) Jing Junhong (Table Tennis) Tracey Tan

‘Golf memberships soft, so tap the green-fee market’ [ARTICLE]

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‘Golf memberships soft, so tap the green-fee market’ GOLF By Tay Cheng Khoon EIGHT out of 10 golf courses built within the last five years in Europe are in danger of financial collapse. And in the United States, one in four new project fails. Despite these grim statistics, Colin Hegarty,

Grace Young will help push for sport in Olympics [ARTICLE+ILLUSTRATION]

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Grace Young will help push for sport in Olympics BOWLING BOOST FOR SYDNEY By Thomas Koh. THREE-TIME Sportswoman of the Year Grace Young will spearhead Singapore’s push for tenpin bowling to be included in the 2000 Sydney Olympics programme. She will act as a roving ambassador for the sport during

MALAYSIA

Government agencies told to operate 24 hours at Port Klang [ARTICLE]

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Government agencies told to operate 24 hours at Port Klang At present ships docked at Port Klang at odd hours only to encounter delays because these agencies were not operating round the clock... NST, AFP. KUALA LUMPUR All government agencies in Port Klang have been directed to operate round the

Duo plan high-wire act across ‘Twin Peaks’ [ARTICLE+ILLUSTRATION]

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Duo plan high-wire act across ‘Twin Peaks’ KUALA LUMPUR If things go according to plan, a high-wire act from Colombia will cover the distance between the 88-storey-high Petronas Twin Towers. The Malay Mail on Wednesday quoted Mr Paul Lee, president and producer of the Royal London Circus, as saying it

Malaysia’s current account deficit likely to improve this year [ARTICLE]

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Malaysia’s current account deficit likely to improve this year By Tan Kim Song in Kuala Lumpur MALAYSIA is likely to see someimprovement in its current account balance as its economy grows at a slower, but more sustainable. rate of 8.3 per cent this year, said Bank Negara on Wednesday. Releasing

Be bold, investors told [ARTICLE]

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Be bold, investors told Mahathir in New Zealand AUCKLAND Malaysians investing abroad should be bold in facing challenges and should not depend on the government for protection, Prime Minister Datuk Seri Dr Mahathir Mohamad said on Thursday. A successful race, he said, was one prepared to strive to overcome all

SOUTH-EAST ASIA

Send skilled personnel abroad: Suharto [ARTICLE]

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Send skilled personnel abroad: Suharto Country’s image rests on workers overseas, he says By Paul Jacob Indonesia Correspondent JAKARTA President Suharto, noting that a country’s image was affected by the calibre of its workers abroad, said on Tuesday that Indonesia had to ensure that more skilled personnel were sent overseas.

Thai defence satellite programme put on hold [ARTICLE]

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Thai defence satellite programme put on hold By Sinfah Tunsarawuth in Bangkok THAI Defence Minister Chavalit Yong-chaiyudh is putting on hold plans for a military satellite programme pending the project’s scrutiny by top government agencies. Dr Wissanu Krua-ngam, the Cabinet’s secretary-general, said the Budget Bureau and the Transport and Communications

With this cigarette, I accept thee [ARTICLE+ILLUSTRATION]

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With this cigarette, I accept thee Reuter. SA PA (Vietnam) Beneath the eaves of a tiny wooden hut in this high northwest town of Sa Pa, a young woman is being inspected by a young man wielding a pen-light. The tiny beam drifts across her silver neck-bands to the beads

Lots of hurdles but East Asean growth area plan feasible, says ADB report [ARTICLE]

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Lots of hurdles but East Asean growth area plan feasible, says ADB report AFP. MANILA A project to link oilrich Brunei with backward areas in Indonesia, Malaysia and the Philippines to form a growth area is feasible, but many obstacles need to be overcome, a report said. The East Asean

COMMENT / Pick of the week’s editorials

Can taxis ever get better? [ARTICLE]

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Can taxis ever get better? MARCH 29, 1996 THE move by the Land Transport Authority (LTA) to begin a performance assessment system for taxi operators and make the results public should help address a perennial source of customer dissatisfaction: poor taxi service. Bad service has to do not only with

Sinda’s mission continues [ARTICLE]

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Sinda’s mission continues MARCH 27, 1996 SINDA's decision to set up a Youth Development Wing is welcome proof of the self-help group’s determination to address an area of growing concern in the community. The Singapore Indian Development Association began its work five years ago by focusing on family development, education

US as sheriff or busy-body? [ARTICLE]

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US as sheriff or busy-body? MARCH 25, 1996 MALAYSIAN Prime Minister Mahathir Mohamad was rightly incensed at the notion of American anti-drug laws being extended to his country with American officials to enforce them. Such an outlandish prospect suggested itself only because of the ambiguous wording of Washington’s International Narcotics

Time for employers to open doors wider to unions [ARTICLE+ILLUSTRATION]

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Time for employers to open doors wider to unions By Sia Cheong Yew SHOULD the law be changed to allow unions representing rank-and-file workers to sign on junior managers and executives as members? During the Budget debate last week, Labour Minister Lee Boon Yang rejected requests to do this by

COMMENT/ANALYSIS

Expect $25 chicken rice if you want a Swiss standard of living [ARTICLE+ILLUSTRATION]

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Expect $25 chicken rice if you want a Swiss standard of living BY Tan Sai Siong A COLLEAGUE was not amused when hawkers started asking $5O for niang dofu, $25 for chicken rice and $45 for duck rice. The actual prices were $5. $2.50 and $4.50 respectively. He did not

It’s more than just due that teachers seek [ARTICLE]

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It’s more than just due that teachers seek By Ng Wei Joo OVERWORKED and underpaid. While many people like to see their work as such, no job comes closer to this description than a teacher’s. It is almost legend that teachers are said to be bogged down by work. Apart

INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK

Budget ‘aye’ after 50 hours of debate [ARTICLE+ILLUSTRATION]

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Budget ‘aye’ after 50 hours of debate The nine-day Budget debate which attracted a record 417 queries from backbenchers ended on Thursday last week. So what did the 50 hours of speeches and exchanges signify? Warren Fernandez, Chua Lee Hoong and Wang Hui Ling give their assessment. PARLIAMENT’S power lies

‘Software’ of society their main concern [ARTICLE]

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‘Software’ of society their main concern Chinese-speaking MPs IF THERE was any common thread running through the parliamentary speeches of the Chinesespeaking MPs. it was the concern with what might be called the "software” of society: moral values, social behaviour, protecting family integrity. But there was no one burning issue

Fairly quiet, but Ling causes stir [ARTICLE]

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Fairly quiet, but Ling causes stir Opposition MPs FOR the Opposition, this year’s debate will be remembered for the controversy which Mr Ling How Doong (Bukit Gombak) precipitated when he attacked the Government’s policy on health care subsidy. Echoing a line taken in a recent issue of the New Democrat,

Policy announcement highlights [ARTICLE]

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Policy announcement highlights EDUCATION: About $420 million will be spent each year to boost the teaching profession. Teachers and principals will enjoy increased salaries, faster promotions and higher salary grades for those with additional responsibilities. The Edusave Scheme will be extended to students in junior colleges, centralised institutes, Institutes of

Teaching will become a premier profession: GPC chairman Ong Chit Chung [ARTICLE+ILLUSTRATION]

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Teaching will become a premier profession: GPC chairman Ong Chit Chung The far-reaching changes to boost the teaching profession have been greeted positively by principals and teachers. No less gratified must have been the backbenchers who champion the cause of the teachers in every Budget debate. Ng Wei Joo catches

Safeguards for individuals but not at society’s expense [ARTICLE+ILLUSTRATION]

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Safeguards for individuals but not at society’s expense Yes, voting in good men and women is critical but why not also work into the system enough checks and balances to give greater peace of mind to the individual but not in a way that hampers the pursuit of public interest?

MONEY

SES MAIN BOARD [ARTICLE]

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SES MAIN BOARD INDUSTRIAL AND COMMERCIAL Transaction Date: March 29.1996 1995/96 Curr Last Vol Day Gr'a Net M CapWtAvg High Low Company Traded Sale -t-or-'000 High Low Div P/E $mil Price ASE NT$ 10 200 US 214 165 Acer 50c US 180 unch 61 182 180 12.0 298.0 494 318*

Investors on the local bourse sidelined last week [ARTICLE]

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Investors on the local bourse sidelined last week INVESTORS were sidelined last week, ahead of leads from the US central bank's policy-making committee’s decision on US interest rates and Malaysia’s Bank Negara’s 1995 annual report. The effect of steady US interest rates cancelled out the immediate effect of Malaysia’s unexpected

DAY—TO—DAY STOCK INDICES [ARTICLE]

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DAY—TO—DAY STOCK INDICES ST Industrials Index The Straits Times Industrials Index tel 11.65 points on the week to 23*7.29. DAY CLOSE TURNOVER Monday 2405 60 (+6.66) 127.12m (J323.337m) Tuesday 2414.79 9.19) 99.240m ($308.134m' Wednesday 2399.65 (-15.14) 79.701m (J255.785m) Thursday 2391.88 (-7.77) 68.997m ($246 087m) Friday 2387.29 (-4.59) 75.762m ($273.315m) BT—MGA

S’poreans spending more abroad [ARTICLE+ILLUSTRATION]

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S’poreans spending more abroad Greater affluence and strong Sing dollar lead to 431% surge over last 10 years By Chan Hwa Loon SINGAPOREANS’ expenditure overseas had increased sharply over the past 10 years, according to latest figures from the Department of Statistics (DOS). While total private consumption expenditure rose by

CORPORATE RESULTS [ARTICLE]

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CORPORATE RESULTS Company Datf ann Nat earn TV LY <$m> <$m) EPS TV LV lets) lets) Acma Mar 18 P 52.778 65.946 31.9 399 Amcoi Mar 8 P 21.240 ***** 7.2 15.3 Apollo Maris P 5252 3665 3.4 3.2 Auric Pac Mar1S 1 0.874 2.724 0.7 2.2 Aitacn Mar 4

DIVIDENDS ANNOUNCED [ARTICLE]

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DIVIDENDS ANNOUNCED Payment <H> Cl date Books close Pay data Acma 50« F 15 Jul 1 Jul 5 Jul 18 Asean Fd F 100TE Mar 19 Mar 25 Apr 3 BAT 21C F 118N Apr 8 Apr n Apr 22 Berqer Inti 2 SC b 6 Jun 13 Jun 19

APPROVED ISSUES [ARTICLE]

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APPROVED ISSUES OTHERS CxBooks Acc 6 Company Ratio date close Paymt Kemayan Otter for tale by HwangJan 31 Feb 14 Apr 3 Corp Bhd DBS Sacs Sdn Bhd ot the rlqhts to allotment of 82.375.803 wts at an otter price of 53.7 sen per wt to the shareholders of the

PROPOSED ISSUES [ARTICLE]

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PROPOSED ISSUES Company Rights Issut MMC Three-for-five S' MS2.00 Company Bonus Issua Flextech Ona-for-two MMC Two-for-five ROC Ona-(or-tour San Tan One-for-flve ST Auto Ona-for-tiva Company Othars lum Chanq Issua of S$80m principal amount of unsecured fixed rata bonds due 2000. MUI Conditional mandatory gen offer by Pan Malaysian ind Bhd

PSA head appointed CEO of Suzhou Industrial Park developer [ARTICLE]

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PSA head appointed CEO of Suzhou Industrial Park developer URA chief Khoo Teng Chye to move to PSA PORT of Singapore Authority (PSA) chief executive David Lim will move to the Sino-Sin-gapore developer of the Suzhou Industrial Park as its chief executive from Monday, it was announced yesterday. A President

Inflation last month hit 1.6% year on year [ARTICLE]

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Inflation last month hit 1.6% year on year THE inflation rate in February was 1.6 per cent over the same month last year. Compared to January, the price rise last month was 0.8 per cent. Food prices posted a 1.7 per cent month-on-month gain because of festive demand during the

HONGKONG [ARTICLE]

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HONGKONG Friday March 29 HK$ ASM Pacific 7.35 unch Allied Ind Int'l 0.42 -0.01 Allied Oversea 0.55 001 Asia Sec Int 2.12 -0.12 Bank of EA 26.50 -0.45 C.P. Pokphand 3.67 -0.18 CDL Hotel 4 65 0.03 Cafe Oe Coral 2.33 0.03 Cath Pac Air 1360 0.15 Century City 1.75

UNIT TRUSTS [ARTICLE]

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UNIT TRUSTS Mgrs' price*, April 1 Singapore Unit Trust The Commerce 1.78-187 The Savings Fund 1 68 1 77xd S pore Prog Fund 0 70 —0 74 S pore Sec Fund 1.05-1 11 S pore Invest Fund 1 17-1 23 S pore Equity Fund 0.83-0.88 Credit Lyonnais Int i Asset

Singapore is tops in seven categories [ARTICLE+ILLUSTRATION]

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Singapore is tops in seven categories Changi Airport, port authority and SIA continue to make their mark 10th Asian Freight Industry Awards By Sim Wai Chew SINGAPORE’S sea and air ports as well as national carrier Singapore Airlines (SIA) have once again won top honours at the 10th Asian Freight

CURRENCY [ARTICLE]

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CURRENCY COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.3966 1.4126 Sterling pound 2.1147 2.1665 Australian dollar 1.0773 1.1112 Canadian dollar 1.0162 1.0398 NZ dollar 0.9342 0.9662 EC unit 1.7850 Singapore dollars to 100 of foreign currency units Austrian schilling 13.2211 13.8085 Belgian

ASIAN CURRENCY UNITS [ARTICLE]

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ASIAN CURRENCY UNITS Contract date: March 29. 1996 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4 1 4 7 4" 4 T ti 4 7 S 4'/« 02 4 96 A$ 6 7 s 6 7 S 7 1 7 7 4

Europa offers $100m for state plot [ARTICLE+ILLUSTRATION]

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Europa offers $100m for state plot Price viable, says company; amount is more than double second-highest bid By Kalpana Rashiwala EUROPA Holdings has offered a whopping $lOO million for a Bukit Timah state site earmarked for a private recreation club double the closest offer of $46.6 million from a City

STIC ups foreign shareholding limit to 40% in surprise move [ARTICLE+ILLUSTRATION]

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STIC ups foreign shareholding limit to 40% in surprise move By Jean Chia SINGAPORE Technologies Industrial Corporation (STIC) has raised its limits on foreign shareholdings from 25 to 40 per cent an unexpected move that analysts said might affect its share price. STIC president Tay Siew Choon said raising the

PSA poised to be port development company, says Mah [ARTICLE]

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PSA poised to be port development company, says Mah THE next phase of development at the Port of Singapore Authority (PSA) will see it help turn regional ports into world class facilities, Communications Minister Mah Bow Tan said on Tuesday. Opening the four-day SingaPort ’96 maritime exhibition and conference on

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i The Straits Times Weekly Edition 111 ■mm nil mm Hapag-Lloyd Hapag-Lloyd, a leading European container line with regional headquarters in Singapore, is currently seeking a suitably qualified individual to assume the position of: MANAGEMENT ACCOUNTANT Reporting to the Regional Controller, the main duties will include: The production of controlling

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With Technology We Progress. With the HOME TEAM We Provide a Promising career with Boundless Opportunities. The Ministry of Home Affairs is embarking aggressively into the use of technology in the next few years. We are looking for committed, dynamic and motivated individuals, who are interested in expanding and growing,

FORUM

Moves to reduce teachers’ paperwork [ARTICLE]

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Moves to reduce teachers’ paperwork The ministry is finalising a package of concrete measures to lighten the administrative workload of teachers. These include appointing school administrators, allowing more flexible employment of staff and streamlining procedures. I REFER to the letters “Employ administrative executives for schools” by Mr Tay Hui Yong

Employ administrative executives for schools [ARTICLE+ILLUSTRATION]

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Employ administrative executives for schools WHILE I expect to read many letters in the press applauding the perks that those in the teaching service will soon receive, I can almost hear the jibes that teachers will soon be subjected to: “Wah! So good a salary for half a day’s work

Timely to consider easing teachers’ workload too [ARTICLE]

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Timely to consider easing teachers’ workload too I APPLAUD the latest decision by the Government to give more recognition to teachers. The new promotion and salary scheme is definitely very attractive. If I were a young man in my 20s, I would certainly be drawn to the teaching service. The

Teaching boost good for society [ARTICLE]

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Teaching boost good for society I APPLAUD the Ministry of Education (MOE) for making bold changes to the teaching profession. The $420 million a year boost, announced by the Education Minister in Parliament, will ensure that our children, our future, are put in good hands. The status of teachers in

Longer period for defects liability a good, timely idea [ARTICLE]

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Longer period for defects liability a good, timely idea Unlike the HDB where the supervision is carried out by HDB engineers, supervision for private developments is carried out by the developer’s own employees. Hence, quality for private developments may suffer in the present “build-quick” trend. I REFER to Ms Tan

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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, such

SM seeks aggravated damages [ARTICLE]

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SM seeks aggravated damages More than $300,000 sought DEFAMATION SUIT AGAINST LINGLE By Wang Hui Ling MR LEE Kuan Yew’s lawyer on Thursday urged the High Court to order American academic Christopher Lingle to pay substantially more than $300,000 in damages for libelling the Senior Minister. The damages, he argued,

Libel damages from IHT: PM, SM, BG Lee give sum to charity [ARTICLE+ILLUSTRATION]

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Libel damages from IHT: PM, SM, BG Lee give sum to charity PRIME Minister Goh Chok Tong, Senior Minister Lee Kuan Yew and Deputy Prime Minister Lee Hsien Loong have donated to charity the full sum of $950,000 which they won in libel damages from the International Herald Tribune last

LTA to assess performance of taxi operators [ARTICLE+ILLUSTRATION]

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LTA to assess performance of taxi operators By Geraldine Yeo THE Land Transport Authority (LTA) will start a performance assessment system for taxi operators later this year and the results will be made public. It will allow people to choose the service they want and also help the LTA to