The Straits Times : Weekly Overseas Edition, 19 October 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 19 1 The Straits Times WEEKLY EDITION SATURDAY, OCTOBER 19. 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA(P) 156/08/96
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  • 710 1  -  By Sumiko Tan in Luxembourg SINGAPORE'S safest bet for meeting 21st century challenges such as economic competition and uncertainties over regional security lies in putting in place a strong team of leaders, said Prime Minister Goh Chok Tong. He noted that economic competition
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  • 216 1 SINGAPORE is on the right track in demanding that its mayors be screened and selected carefully, said Mr Goh Chok Tong. He noted how, during his Europe trip, he had met several mayors. Not all of them were elected by the people. Some were
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  • 268 1 A DOCTOR w ho allowed his domestic maid to take blood samples from patients has been suspended from practice for six months bv the Singapore Medical Council. I)r Chan Suen Meng, a general practitioner at City-Med Health Associates, has also been found guilty
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  • NEWS FOCUS
    • 604 2  -  By Walter Fernandez THE Government will make sure that the present level of minority representation in Parliament is not diminished no matter what changes are made to the Group Representation Constituency scheme, said Acting Prime Minister Tony Tan on Sunday. Giving
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    • 358 2 THREE teenage girls suspected of breaking into more than 40 cars in Pasir Ris on Wednesday morning were caught after another oreak-in attempt set off a car alarm. They were prowling around the four-storey carpark of Block 269 A Pasir Ris
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    • 317 2 SINGAPORE spends about $l7 million a year training officials from developing countries in various areas such as policing, building up telecommunications infrastructure and developing housing programmes A course which began here on Monday, for 23 participants from countries such as China and Sri
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    • 433 2  -  By Chang Ai-Lien WELL-KNOWN gynaecologist Christopher Chen's eight-month-old Jaguar car haa its telephone antenna removed and thrown away on Oct 5. and the act was caught on surveillance cameras at Gleneagles Hospital. The hospital management, as well as Dr Chen's wife, identified the man
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    • 737 3  -  Reports by Sumiko Tan LUXEMBOURG Singapore as an inter regional trading cen tre. Singapore in "hub-to-hub" partnerships. A museum showcasing the Republic's political and social history. These were some ol the ideas that came to Prime Minister Goh Chok Tong during his eight-day
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    • 495 3 BRUSSELS Singapore plans to launch the Asia-Eu-rope Foundation (Asef) by February next year, when for eign ministers of Asia and Eu rope hold their meeting in the Republic, said Prime Minister Goh Chok Tong. Consultations were now in progress to set up
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    • 369 3  -  By Thomas Lee A NEW theatre due to open in Jurong next Thursday will allow viewers to "feel” part of the action. What gives the audience the feeling of being there is the five-storey high screen which runs the length of
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  • HOME
    • 764 4 Parliament LAWYERS who provide shoddy service will be made to compensate their clients, rectify their work or reduce the costs they recover from their clients when the Legal Profession (Amendment) Bill takes effect Under the Bill passed in Parliament last Thursday,
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    • 299 4 THE Government has granted more concessions to landowners whose properties are being acquired for the North-East MRT line (NEL). Those who choose to remain on their properties pending relocation. after they- had received compensation, will now pay lower rentals The annual market
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    • 456 4 IT TAKES less than 10 minutes to check on someone's marital status, using a new multi-media, touch-screen information kiosk at the Registry of Marriages (ROM). The kiosk started oper ating on Thursday. To check if someone has had a marriage registered in
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    • 257 4 VETERAN actor Kwan Sin Ngee. better known to many Mandarin TV viewers here as Uncle Kwan. died on Monday night after several days m a coma. He leaves a wife and five children. Mr Kwan (real name Ong Joo Hong). 68. had diarrhoea and
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    • 470 5  -  Introduction of PAP candidates By Koh Buck Song THE People’s Action Party’s twin aims tor the coming General Election are to prepare Singaporeans for the 21st century and to make this the best home for all citizens. Acting Prime Minister Tony Tan
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    • 426 5 Peter Chen CAN a former chief executive officer operate effectively at the grassroots level? Mr Peter Chen Min Liang, retired chairman and CEO of Snell Companies has no doubts he can. adding that, whenever he had been asked the question, he
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    • 311 5 Ong Ah Heng FOR the past four years, unionist Ong An Heng has been analysing the People’s Action Party’s defeat in Nee Soon Central in the 1991 General Election and thinking of ways to win it back. The problem, he told report
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    • 418 5 Sin Boon Ann LAWYER Sin Boon Ann wants to be a voice for youths in Singapore. He believes there is nothing wrong with them wanting to own cars and homes if these aspirations are tempered by the reality of Singapore’s physical
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    • The GE NEW FACES
      • 111 5 Age: 58 Occupation: Retired in June this year as Chairman and Chief Executive Officer of Shell Companies. Family: Married to retired school teacher Hup Ee. Has two sons, a doctor, 31, and another, aged 32, working in the US. Education: Primary and secondary education at Anderson
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      • 179 5 Age: 52 Occupation: Assistant Secretary-General of the National Trades Union Congress. Family: Married to a manager of a community centre, with a son, 19. Education: Bachelor of Arts from the Nanyang University. Master of Arts degree in Political Science from University of Arkansas. Family background: Father was
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      • 201 5 Age: 38 Occupation: Partner with law firm Drew and Napier Family: Married to a bank investment manager, with a seven-year old son and a four-year old daughter. Education: Studied at Anglo-Chinese School before pursuing two consecutive degrees at the National University of Singapore a BA in political
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    • 626 6  -  By Koh Buck Song THE People's Action Party is ready to accept unmarried women candidates for the General Election. Deputy Prime Minister Lee Hsien Loong has said Brigadier-General <NS> Lee. the party's first assistant secretary-general, told The Straits Times in
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    • 449 6  -  By Edmund Tee MARATHON enthusiast Tan Sim Siong has a cast-iron will, steel nerves, and an alumini-um-braced leg to boot Despite having an aluminium rod and eight screws in his left leg. the self employed printer proved last Sunday morning that
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    • 509 6  -  Murder of Japanese tourist in the Oriental By Elena Chong IN THE Court of Appeal’s first split decision in a murder appeal. the prosecution last Fri day lost its appeal against the acquittal of a man for a Japanese tourist's murder at
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    • 175 6 ABOUT THIS CASE: Shortly after Madam Isae Fujii. 49, and Madam Mivoko Takishita, then 54, checked into the Oriental Singapore with 29 other co-workers on June 6, 1994, both were set upon by two robbers in their room. Abdul Nasir Amer Hamsah, 25. unemploved.
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    • 681 7  -  They note trend towards horror stories By Elisabeth Gwee TOO many horror stories, and entries that were slow-moving and poorly written. These were some of the reasons that judges cited for being unable to select a winner for the English
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    • 521 7  -  By Lim Li Hsien DEALER Gong Chin Ong failed to buy shares for a client and instead allotted him shares meant for another client, by cutting down on that order. He did this on two occasions, both with the knowledge of his
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    • 472 8  -  Scholarships for honours-degree holders By M. Nirmala THE Government has opened its overseas postgraduate schol arship to all graduates with a good honours degree, in a move to attract talented people to the Civil Service. They can be graduates of Singapore or reputable overseas universities
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    • 109 8 A STAFF nurse died last Saturday night hours after she suffered a fit while having sexual intercourse with her boyfriend in his bedroom. A police spokesman said that Miss Lu Fang. 29. a Chinese national, had been with her lover at his flat
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    • 330 8 Learn driving the virtual reality way L PLATE drivers can learn howto drive the painless way and save money on lessons by practising on a virtual driving’circuit created by Ngee Ann Polytechnic students. The virtual set-up helps a driver to adjust his speed in re sponse to changing traffic lights
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  • Page 7 Advertisements
    • 177 7 Home Delivery Weekly! A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executives appointments... and highlights on Malaysia and the Asean. A convenient tabloid airmailed to you wherever you may be. Yes! Every week. Subscribe now. And be at home with the ST
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  • Page 8 Miscellaneous
    • 1131 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M BAND) MONDAY 1100 News/Tonight on RSI 1109 Business Market Report 1115 Frontiers 1130 News 1135 The Front Page 1138 Take Five 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market Report 1230 News 1240
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  • SPORTS
    • 534 9  -  SOCCER S-League soccer By Joe Dorai THE S-League will be dissolved next year if clubs cannot give a firm commitment to the SLeague Board on their financial position, management and development programmes. This year’s eight clubs will have to apply, along
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    • 374 9  -  SOCCER By Joe Dorai SINGAPORE’S professional soccer clubs have their own idea of how to jazz up next year’s competition. They want the present two series tournament scrapped and replaced by a one-series format with three rounds of matches. At a dialogue session on
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    • 209 9 ATHLETICS SINGAPORE athletics’ new director of coaching, Hans-Peter Thumm. is off limits to the media for now. The 50-vear-old German who flew into the Republic last weekend, will only be introduced to the local media in two weeks’ time. Said Loh Lin Kok, president of
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    • 512 9  -  BOWLING BELFAST, HERE I COME! By Shirlynn Ho-Pereira KATHERINE LEE had decided only at the last minute to compete in the Martell Santa Claus Open. At the end of it, she had won herself a ticket to represent Singapore at the prestigious
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  • MALAYSIA
    • 527 10  -  There are no factions within Umno, says deputy leader By Brendan Pereira and Salim Osman in Kuala Lumpur DATUK Seri Anwar Ibrahim said last weekend that there were no factions within Umno and pledged his total loyalty to party president Datuk Seri Dr Mahathir
      -The Star picture.  -  527 words
    • 197 10 Bemama KANGAR Perlis will build a seaport to complement the federal government’s efforts to construct a land bridge linking Penang and Songkhla in southern Thailand. Announcing this here on Wednesday. Perlis Mentri Besar Datuk Seri Shahidan Kassim said the seaport would be built
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    • 196 10  -  By Brendan Pereira in Kuala Lumpur MORE than 40 years ago, they borrowed notes from each other and swopped tales on the old University of Malaya campus in Singapore. Then, they graduated and went their separate ways some stayed in Singapore and others returned
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    • 310 10  -  By Brendan Pereira in Kuala Lumpur PRIME Minister Datuk Seri Dr Mahathir Mohamad said on Monday said there was no reason why Tengku Razaleigh Hamzah could not assume a leadership post in Umno. “Umno members can pick anyone as a
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    • 245 10 Bemama. KUALA LUMPUR Former "Mr Opposition" Tan Sri Dr Tan Chee Khoon died of a heart attack at his home near Jalan U Thant here on Sunday morning. He was 77. He is survived by his wife. Puan Sri Liew Foong Ying,
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  • SOUTH-EAST ASIA
    • 651 11  -  By Paul Jacob Indonesia Correspondent JAKARTA President Suharto used the opportunity of his first visit to East Timor since 1988 to address core issues which have caused tensions in the former Portuguese territory, but underlined how better off the province was after 20
      AFP picture.  -  651 words
    • 596 11  -  East Java riots By Paul Jacob Indonesia Correspondent JAKARTA Indonesia’s highest council on Islamic affairs on Monday expressed the Muslim community’s deep regret at the rioting in the East Java town of Situbondo which left five dead, saying that the actions of those involved "were
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    • 336 11  -  By Leticia Perez m Manila PHILIPPINE President Fidel Ramos on Sunday inaugurated a key road project which will shorten travel time from Manila to Subic, even as he underscored the need to ease traffic jams in Metro Manila. Completed by a Filipino firm is a
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    • 318 11  -  By Paul Jacob Indonesia Correspondent JAKARTA Outspoken former legislator Sri Bintang Pa mungkas has announced his bid for the Indonesian presidency in 1998 a move ana lysts see as having no chance of success under the presidential election system. The economist and former
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  • COMMENT / Pick of the week's editorials
    • 676 12 OCTOBER 18. 1996 UNORTHODOX it certainly was. But when Prime Minister Goh Chok Tong led Environment Minister Teo Chee Mean and two Singapore MPs to inspect a self-cleaning toilet in the Dutch town of Eindhoven, he highlighted the spirit of his eight-day trip to the
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    • 722 12 OCTOBER 17 1996 THE board of the S-League which meets today to ponder the future shape of the national professional soccer league should face up to the truth Tnis. simply, is that the League is not going well. With three weeks to run before its opening
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    • 711 12 OCTOBER 16 1996 THE meetings of the Select Committee on healthcare subsidy, whose report Parliament endorsed last week, have been a salutary exercise. The panel has established that health care does enjoy substantial government subsidies, thus assuaging what could have otherwise become an issue of
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    • 884 12  -  By Bob Ng IT WAS staggering in its naivety, this pronounce ment of analysts: that they had long thought that rentals for condominiums in prime districts are first, "sheltered from downward movement and second "immune from the current weak property sentiment". They
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  • COMMENT/ANALYSIS
    • 1132 13  -  My View KOH BUCK SONG WHOEVER thought life in Singapore was fair ly mundane must now realise how exciting politics can be at times. With Prime Minister Goh Chok Tong’s introduction of constitutional amendments to increase the number of wards in
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    • 1174 13  -  Umno election results By Salim Osman in Kuala Lumpur A MAJOR shift is taking place in the leadership of Umno following the partv's triennial elections last week. This is reflected in the dramatic return of Foreign Minister Datuk Abdullah Ahmad Badawi and the
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  • MONEY
    • 494 16 Singapore share market review THE local market experienced mixed fortunes during the week, as negative sentiment from bad news was countered by the launch of a new regional* index and successful initial public offerings. The benchmark Straits Times Industrials Index (STII) Finished the
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    • 1720 16 Company Ottt •on Nat aarn TY LV <$m> <Smi IPS TV LV let») let») Acma Sap 3 24 242 2' 113 14.7 17.3 A'com* Sap 12 1 13 6B2 4 510 10.7 11.4 A!#» Hdg* Sap 13 F 3.534 2.159 8.45 7.20 Amstaai* Sap 26 P ’29.429 125
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    • 74 16 Company Poe# Dot* Tun# H loonq ind C Tnootrotto. wovol 1 Wilma Hong Loonq *8. Joion PoroM 5' 480 Huoio Lumpur Oct 16 9 45«m iVing Tti c 107 ’ompmoi Pood <*****91 Oct 16 10 00am sas A 391A Orchard Rood Towor A «26-00 Ng»o Ann City <*****31
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    • 135 16 MIGHTS IStUC Company Ratio d*t« Books CO St Ace Paymt Gadiah 2000 Ona-lof-ono MuplOOO Oct 2 Oct R NVA OUT <U OUT (f) Ona-for-ona $2.00 Ono-lecona $2.07 Sap 2$ Oct 1 Sop 25 Oct 1 Oct 72 Oct 22 BONUS ISSUE Company Ratio hdato Booh* CIO»» Orlantpl H
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    • 132 16 AIS8 Throo-for-flve RMS 50 Amcol Ono-for-two 9 $2.05 Icon Inti Ono-for-two <* $1.22 H Loonq Ind One-for-flve RM6.00 ntfiollor One-tor-two $0.35 Muipha Ono-for-four M$l.60 PMI Throe-for-two 9 M$1.00 Sunqoi Way Ono-for-four M$4.00 H ltonq Ind Two-for-five intRollor Ono-for-two Komayan Coro Ono-for-throo MAA Ono-for-flvo Molly «wot* Ono-for-two Nool Gift*
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    • 84 16 ST Industrials Index The Straits Times Industrials Index fell 12.13 points on the week to 2064.52. DAY CLOSE TURNOVER Monday 2045.58 (-31.07) 59.484m ($192.016m) Tuesday 2060.48 (+14.90) 55.898m ($173.084m) Wednesday 2071.26 (+10.78) 72.034m ($193.647m) Thursday 2068.72 (-2.54) 64.934m ($185.554m) T riday 2064.52 (—4 20) 91.329m ($205.037m) BT—
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    • 1029 16 Paymant (IS) tk data Books co to Pay data A'SP 50« D 3 Jan 2 Jan 7 Jan 29 AMDB 50« b 5 Oct 2 oct a Oct 23 Alt* Mldqs b 6 Oct 2 Oct 8 Oct 18 Asia Rac id 0 2 Sap e Sap 20
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    • 493 17  -  By Kalpana Rashiwata HOMEGROWN lifestyle group Europa Holdings intends to seek a listing on the local bourse for its entertainment and food and beverage (F&B) division early next year and has plans for a major regional expansion over the next two years.
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    • 510 17  -  By Mary Kwang China Correspondent QINGDAO The Singapore Confederation of Industries (SCI) has estimated that it will cost $l5O million to prepare the infrastructure for an industrial park which the trade body plans to build in the coastal city of Qingdao. Mr Robert Chua.
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    • 365 17  -  By Mary Kwang China Correspondent QINGDAO The China-Sin gapore Suzhou Industrial Park (SIP) will be setting up a mul-ti-million-dollar vocational training centre to help develop human resources. The business development director of Gipro Pte Ltd, the Singapore office of the German group of
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    • 148 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit 1.4035 2 2081 1.0998 1.0304 0.9723 1.4191 2.2617 1.1338 1.0536 1.0051 1.7716 Singapore dollars to 100 units of foreign currency Austrian schilling *****3 Belgian
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    • 111 17 Contract date: October 18 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 43, 4 5'. 5 4'. 4'. 22/10/96 AS 6'. 6 6 5'. 5'. 5'. 22/10/96 NZS 9 8 8 8'. 7-. 8s 22/10/96 STG 5'. 5 5'.
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    • 497 17 October *****6 HKS ASM Pacific 620 -0 050 Allied Ind Inti 0 42 unch Allied Oversea 0 69 unch Asia Sec Int 2 08 •0 17 Ben* of E A 30 30 -0 20 C P Pokphano 2 66 -0 02 CDL Hotel 4 17 0 08 Cafe De
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    • 643 17 Singapore Unit Trust The Commerce 1 62-1 724 The Savings Fund 1 58-1 684 S pore Prog Fund 0 65 —0 69xd4 S pore Sec Fund 095-1 01« S pore Invest Fund 1.05-1 12« S pore Eduity Fund 0.78-0.83« Credit Lyonnais Int'l Asset Mgt Cl Asia-PacGrFund C 890-0
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    • 8435 18 1 INDUSTRIAL AND COMMERCIAL Transaction Date: October *****6 1995 96 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale +or000 High Low Div PE Smil Price ASE NT510 200 US 1000 900 ASF US$0 01 100 US 900 900 21« 165
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    • 484 20  -  By Mary Kwang China Correspondent SUZHOU (Jiangsu) Singapore's flagship venture in China. the China-Singapore Suzh ou Industrial Park (SIP), has attracted another 10 new projects with total investment commitments exceeding US$25B million (*****.8 million), with several other projects set to be
      SPH picture by TAN LAI HOCK.  -  484 words
    • 301 20  -  By Douglas Wong FOREIGN companies will be allowed to list and trade their shares here in Singapore dollars in line with Government policy to allow the currency’s gradual internationalisation, Finance Minister Richard Hu announced on Tuesday. Previously, such
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    • 287 20 THE Singapore port handled 8.51 million twenty-foot equivalent units (TEUs) of containers in the first eighth months of the year, up 9.2 per cent over the same vear-ear-lier period, according to latest statistics released recently by the Port of Singapore Authority (PSA).
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    • 308 20  -  By Colin Tan THE Government plans to set up an industrial scale fish-farm-ing programme to provide 40 per cent of Singapore’s fish supply and an agribiotech park. National Development Minister Lim Hng Kiang said on Tuesday. The agribiotech park
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    • 847 21 liiiilliliiiiii i* k s',‘' ss i nwu c. 11l 4 mn "S,'V The Straits Times W eekl\ Kdition i'" ''s' M smm iMI m 1H m m Tmg® < Schraders, a tonal bss.'i banking group 3h whh offices ide, ants suitably tomithe Schroders PACIFIC BASIN ECONOMIST Schroder Economics, the economics
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  • Page 22 Advertisements
    • 851 22 Join the team in shaping A TROPICAL CITY OF EXCELLENCE The Urban Redevelopment Authority (URA) is the national planning and conservation authority with a commitment to making Singapore a tropical city of excellence.To realise our vision, we need a team of highly motivated and talented professionals. /'ARCHITECT (Urban Design/Piiysical Planning)
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  • FORUM
    • 610 23 Proposed changes to GRC scheme DR TONY Tan's assurances that any increase in the size of GRC wards would not compromise minority representation in Parliament and that the ruling party is committed to maintaining the current level of minority
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    • 375 23 People should not misread PM Goh’s intentions I WAS reassured to read Prime Minister Goh Chok Tong's comments on changes to the Elections Act, especially his assurances that the proposed amendments “are made on the basis of national interest”. Unfortunately, a lot of
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    • 380 23 THE proposed changes to the GRC are not without merit. We should examine them before labelling them an election ploy. After all, Prime Minister Goh Chok Tong has assured us that the increase in size of GRCs is not an election tactic. In
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    • 470 23 IN PROPOSING that the number of GRC members be increased from four to six, the Government should seriously consider reserving the additional two GRC seats for women representatives. This would have the desirable effect of ensuring that women, who not only
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  • 739 24  -  Dr Hu announces new moves to internationalise S’pore’s capital market further By Jean Chia FINANCE Minister Dr Rich ard Hu on Tuesday unveiled a new regional stock barometer, the Business Times Singapore Regional Index (BT-SRI). and a package of fresh initiatives to internationalise
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  • 365 24 ABOUT a third of local managers face the problem of an information overload at work, and their social life suffers as a result of this. These are the findings of a survey of 100 managers from various sectors of the economy such as
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