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The Straits Times, 26 March 1988

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Masthead [TITLE SECTION]

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The Straits Times Estd. 1845 SATURDAY, MARCH 26, 1988 50 CENTS MCI (P) 92/12/87

S'pore ready for rough times: BG Lee [ARTICLE+ILLUSTRATION]

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S'pore ready for rough times: BG Lee BERTHA HENSON Minister confident nation can cope with unstable global economic climate By 6 We watch developments m Congress like meteorologists follow typhoons on satellite pictures. You see it spinning around and you're never sure whether it is suddenly about to change direction

Italian pilot shot at Bombay airport in 'terrorist attack' [ARTICLE]

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Italian pilot shot at Bombay airport in 'terrorist attack' BOMBAY A man armed with a pistol shot and wounded a pilot of the Italian national airline Alitalia yesterday at Bombay's airport and the Italian Embassy m New Delhi said the incident was clearly a terrorist attack. The pilot, Mr Vittorino

11 crew members home at last after Gulf ordeal [ARTICLE+ILLUSTRATION]

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11 crew members home at last after Gulf ordeal SANDRA CAMPBELL SHARON SIMON By and THEY looked like ordinary passengers suffering from jet-lag after a long-dis-tance flight. Had it not been for two with bandaged arms, nobody would have guessed that the 11 men who arrived at Changi airport from

Economic reform still China's top priority [ARTICLE+ILLUSTRATION]

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Economic reform still China's top priority Opening of 7th National People's Congress BEIJING China will push ahead with its programme of economic reform but must tackle mounting inflation, Acting Premier Li Peng said at the opening of parliament yesterday. China must carry out its open policy, begun m 1978, and

Index sheds 12.85 pts [ARTICLE]

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Index sheds 12.85 pts SHARE prices fell across a broad front on the Singapore stock market yesterday, as Wall Street's overnight 43-point drop dampened investor sentiment and set off a wave of selling. The Straits Times Industrial Index fell 12.85 points to 945.60. Volume dropped to 27.46 million units worth

Le Pen's bottom costs paper $35,000 [ARTICLE]

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Le Pen's bottom costs paper $35,000 PARIS A court has awarded controversial French far-right leader Jean-Marie Le Pen 100,000 francs (about 5535,000) m damages after a satirical weekly showed a picture of his bottom. Mr Le Pen, who is running for president, alleged Le Canard Enchaine had intruded into his

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SAFETY SHOES WNGSONEARTH JUS c**™ 1 Model 900 NMMm> 81 Genting Lane #05-01/04 Everich Ind-Building (S) 1 334 T Ix. RS ***** KINSHU TEL: *****1 1 The Sunday Times Tomorrow Behind the Turf Club's downfall Rivalry m a 'gentlemen's club', rejection of a Cabinet minister, official concern over a hugely

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Inside Summary 2 World News 3,4,6,7 Focus 8,10 Asean 12,14 Causeway 16,17 Comment/ Perspective 26,27 Letters 28 Times Dollar 29-32 Racing 34,35 Spofte 36-39

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IN SUMMARY

Home [ARTICLE]

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Home Crabs that kill THE Venom and Toxin Research Group of the National University of Singapore warned yesterday the more colourful or prominent the markings on a crab, the higher the risk of being poisoned. Of the 400 species of crabs found m Singapore waters, three are confirmed to be

Comment [ARTICLE]

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Comment THE STRAITS TIMES SAYS: THE recent talks between the US Secretary of State and the Soviet Foreign Minister have not produced any significant progress on regional conflicts. But this is not going to stop the two countries from going ahead with their next summit m May. It would be

Forum [ARTICLE]

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Forum RETHINK ROLES OF PARENTS THE Association of Women for Action and Research (Aware) says there is an urgent need to work towards the recasting of attitudes towards parental responsibilities, especially m a society such as ours, where old attitudes about parental roles continue to dominate male thinking. Singaporeans, it

Around the world [ARTICLE]

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Around the world North's plea NATIONAL Security Adviser John Poindexter, Lieutenant-Colonel Oliver North and two associates, have pleaded innocent to Iran-Contra scandal charges of conspiring to defraud the US government and steal US$l7 million (5534.2 million). This is the first stage m the US legal process where defendants hear charges

Timesport [ARTICLE]

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Timesport Kiwis favourites TWO-TIME champion New Zealand is again favoured to take the Cathay Pacific-Hongkong Bank Sevens rugby competition which starts at the Hongkong Government Stadium today. The Kiwis have a new team without any member of last year's triumphant World Cup side. The challenge will come from the equally

Section Two [ARTICLE]

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Section Two Lost innocence THE STORY of Jonas, a fable on loss of childhood innocence by LAU SIEW MEI, won the second prize m the prose section of the National University of Singapore's latest Poetry Writing/Creative Prose Competition. Siew Mci, a first-year Arts and Social Science undergraduate, writes to give

Timesdollar [ARTICLE]

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Timesdollar OCBC HITS RECORD $130.8 m NET PROFIT OBVIOUSLY unaffected by the stock market crash last October, the Oversea-Chinese Banking Corporation group yesterday reported the highest net profit m its 55-year history. The bank said group net profit rose by a quarter to $130.87 million last year as the economic

Around Asean...and Across the causeway [ARTICLE]

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Around Asean...and Across the causeway Soviet pledge THE SOVIET Deputy Foreign Minister, now visiting Manila, has promised that Moscow will not interfere m US-Philippine negotiations on US bases here. Mr Igor Rogachev's visit, which began on Tuesday, took place two weeks before the United States and the Philippines begin a

Buyers' Guide [ARTICLE]

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Buyers' Guide Product Advertiser Section/Page Classifieds Sect. I Pg 38 Sect. II Pg 6 22 Notices Appt Sect. II Pg 26 33 14 PP special pull-out Cinema Sect. II Pg 24 Comics Sect. II Pg 5 AHnes Aeroflot Soviet Airline I 12 SIA I 3/32 AppoMment Ad RASF I 22

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It* a LIANHE ZAOBAO aH Jl^^> VLjT *X^KF LIANHE ZAOBAO SUNDAY C S^ JL^f SUNDAY EDITION C^ /V LIANHE ZAOBAO SUNDAY I >^ I SUNDAY EDITION —^J C 7-r <" B K^J x t t in 11 -i "t" 1 1 1 .^dßi X PPHHH Clipping Her Way Her obsession

around the WORLD

Chun's brother may have diverted millions [ARTICLE]

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Chun's brother may have diverted millions SEOUL Prosecutors investigating official corruption said there was growing evidence the brother of former president Chun Doo Hwan diverted millions of dollars. Prosecutor Kang Won D said officials seized secret ledgers showing how Chun Kyong Hwan and other top officials of the Saemaul Movement

Slimmer of the Year [ARTICLE+ILLUSTRATION]

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Slimmer of the Year TWO m a dress made for one. That's one of the old dresses of Jackie Hendry (left), who won the Golden Slimmer of the Year award In London on Thursday. She is trying on the dress with her sister, Winifred Bentley. Jackie slimmed down from 132.2

Spratly attack: One soldier killed, 74 missing — Hanoi [ARTICLE]

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Spratly attack: One soldier killed, 74 missing Hanoi BANGKOK Vietnam said one of its soldiers was killed and 74 others were missing after Chinese forces forcibly occupied islands m the remote Spratlys group m the South China Sea last week. Vietnamese sources said about half of the missing were believed

Iran warns it will also use chemical weapons [ARTICLE]

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Iran warns it will also use chemical weapons LONDON Iran threatened on Thursday to produce and use chemical weapons if international organisations did not "punish" Iraq for its alleged use of them, Teheran Radio reported. The warning came at a news conference given m Teheran by Iranian Parliamentary Speaker Ali

Tokyo's fiscal proposals favour sales tax [ARTICLE]

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Tokyo's fiscal proposals favour sales tax TOKYO The Japanese government unveiled a set of tax reform proposals yesterday which favour a politically unpopular sales tax. "Japan should adopt a new indirect tax that widely but thinly covers general consumption as a fundamental solution to various problems stemming from the present

Afghan peace talks on brink of collapse [ARTICLE]

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Afghan peace talks on brink of collapse But negotiators have not given up hope GENEVA Deadlocked Afghan peace talks face collapse over United States-Pakistani demands for an end to Soviet military supplies to Kabul, diplomats and officials say. The failure of Soviet Foreign Minister Eduard Shevardnadze and US Secretary of

$18m court order upheld [ARTICLE]

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$18m court order upheld HOUSTON A US federal judge on Thursday upheld a US$9.4 million (SSIB.B million) judgment against Soldier of Fortune magazine for publishing an advertisement which led to the murder of a Texas woman by a paid hitman. Sandra Black was killed m 1985 by John Wayne Hearn,

'Not guilty' pleas set stage for legal battle [ARTICLE]

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'Not guilty' pleas set stage for legal battle Iran-Contra affair WASHINGTON Former National Security Adviser John Poindexter, Lieutenant-Colonel Oliver North and two associates, have pleaded innocent to IranContra scandal charges of conspiring to defraud the US government and steal US$l7 million (5534.2 million). This is the first stage m the

27 Japanese students died in crash [ARTICLE+ILLUSTRATION]

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27 Japanese students died in crash BEIJING Twenty-seven Japanese high school students died when their train collided with another near Shanghai, a Japanese Embassy spokesman said yesterday. The students were among a group of 193 from Gakugei High school m southern Japan on an educational tour, the Japanese official said.

Saudis to limit pilgrims in a swipe at Iran [ARTICLE]

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Saudis to limit pilgrims in a swipe at Iran PARIS In a move clearly aimed at Iran, Saudi Foreign Minister Prince Saud Faisal has said his country will limit the number of foreign pilgrims to Mecca this summer. The Saudi minister said this at a meeting of foreign ministers of

20 Korean women die in dormitory fire [ARTICLE]

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20 Korean women die in dormitory fire SEOUL Twenty women died and three were seriously injured m a dormitory blaze at a textile factory m the southern suburb of Anyang here yesterday, police said. Five others escaped from the fire which started m a stairwell leading to the factory on

Seven blacks hanged for murder in Pretoria [ARTICLE]

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Seven blacks hanged for murder in Pretoria PRETORIA Seven black South African men were hanged here early yesterday, bringing the number of executions so far this year to 29. One was Michael Lucas, 22, the seventh person to be hanged for murder arising from the nationwide civil unrest m South

Hongkong may change policy on refugees [ARTICLE]

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Hongkong may change policy on refugees Several options under serious consideration, says official HONGKONG The Hongkong government is seriously considering changing its longstanding policy of accepting all Vietnamese refugees who arrive by boat from their homeland. Mr Nigel French, who is responsible for the British colony's refugee policy, said that

Study finds no link between Pill and breast cancer [ARTICLE]

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Study finds no link between Pill and breast cancer CHICAGO A study of more than 9,000 women has found no link between use of the Pill early m life and the later development of breast cancer, researchers said. The report, published m this week's Journal of the American Medical Association,

Press baron wins damages for libel [ARTICLE]

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Press baron wins damages for libel LONDON British press baron Robert Maxwell has won "substantial" damages and a public apology m a suit against publishers of a biography he considered libellous, legal sources said. All copies of Maxwell: Portrait of Power by his former colleagues Peter Thompson and Anthony Delano

'Big Mac' arrives in East Europe [ARTICLE+ILLUSTRATION]

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'Big Mac' arrives in East Europe BELGRADE The "Big Mac" has arrived m Eastern Europe. McDonald's Corp has launched its first hamburger bar here and there are plans to open more restaurants m other communist European countries. Company officials said a McDonald's outlet would open m a few months m

China aims to lure investor cash with high-rate bonds [ARTICLE]

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China aims to lure investor cash with high-rate bonds BEIJING China is using high-interest bonds to lure cash, traditionally stashed m purses and mattresses, to help fund badly needed development projects. Western bankers said that while the move should draw funds needed to modernise China's creaking economy, mounting inflation might

Move to segregate British smokers at work [ARTICLE]

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Move to segregate British smokers at work LONDON A Bill introduced m Parliament on Thursday would allow Britons to demand to be segregated from smokers at work. The measure lacks the support of the Conservative government of Prime Minister Margaret Thatcher and was given little chance of passage, but it

Fiji's PM seeks to restore links with Queen [ARTICLE+ILLUSTRATION]

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Fiji's PM seeks to restore links with Queen SUVA Fiji Prime Minister Ratu Sir Kamisese Mara leaves for London today to find ways to restore links with the British Crown severed after two military coups last year. He was expected to seek an audience with Queen Elizabeth after meeting her

Motorola to pay $33m for overcharging [ARTICLE]

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Motorola to pay $33m for overcharging WASHINGTON The electronics group of Motorola Inc has agreed to pay the US government US$l6.7 million (5533.5 million) and plead guilty to criminal charges involving overcharging the US Navy for satellite and missile components, the Justice Department said. The company's Government Electronics Group m

US won't intervene directly in Panama [ARTICLE]

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US won't intervene directly in Panama Reagan makes pledge after sending out 150 more military police WASHINGTON The US Defence Department has sent another 150 military police m the past two days to Panama, but President Ronald Reagan ruled out direct United States intervention m Panama. He said: "We are

Left-wingers to fight Kinnock for leadership [ARTICLE]

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Left-wingers to fight Kinnock for leadership LONDON Britain's Labour Party, after three straight election defeats, faces internal feuding after a left-wing challenge to the leadership of Mr Neil Kinnock. Labour left-wingers Tony Benn and Eric Heffer announced on Wednesday night they would oppose Mr Kinnock and deputy leader Roy Hattersley

Takeshita's popularity dips further [ARTICLE]

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Takeshita's popularity dips further TOKYO A nationwide survey has shown a decline m support for Prime Minister Noboru Takeshita's Cabinet, reflecting public anxiety over tax reform and liberalisation of agricultural imports, a newspaper said yesterday. The poll, conducted this week by the Yomiuri Shimbun newspaper, showed 44.8 per cent of

Priest sacrificed girl, 7, in ritual, say reports [ARTICLE]

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Priest sacrificed girl, 7, in ritual, say reports NEW DELHI A temple priest had sacrificed a seven-year-old girl m a ritual to please a Hindu goddess, press reports said on Thursday. Priest Narayan Angara, 65, and four others were arrested after residents of Manpada village m Maharashtra state complained of

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0® NATIONAL SS UNIVERSITY OF M&F SINGAPORE Faculty of Engineering CALLING ALL ENGINEERING GRADUATES of the National University of Singapore and the former University of Singapore The Faculty of Engineering is commemaating its 20th Anniversary and will be organising several activities throughout the 1988-89 academic session to give all graduates

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WORLD FOCUS

Japan eager for transplants but brain death tangle remains [ARTICLE+ILLUSTRATION]

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Japan eager for transplants but brain death tangle remains JANET SNYDER Many doctors want change m legal definition of death By TOKYO A Japanese surgeon, exasperated by a 20-year moratorium on transplants, says he and some of his colleagues plan to go ahead with organ swaps with or without official

Falklanders worry over new-found wealth [ARTICLE+ILLUSTRATION]

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Falklanders worry over new-found wealth CLAUDIA RADER Some fear booming fishing industry is threatening their lifestyle By PORT STANLEY (The Falklands) "In the beginning," a veteran of the 1982 Falkland Islands war once said, "it was as though we'd landed on the other side of the moon." Travelling to these

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AROUND ASEAN

Opec to review price strategy at Vienna talks [ARTICLE+ILLUSTRATION]

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Opec to review price strategy at Vienna talks JAKARTA Opec's Price Committee will meet on April 6 and 7 m Vienna to review strategy after recent falls m the spot price of crude, Indonesia's new Mines and Energy Minister Ginanjar Kartasasmita said yesterday. Mr Ginanjar said his predecessor, Mr Subroto,

Laos rejects Thai proposals to resolve border conflict [ARTICLE]

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Laos rejects Thai proposals to resolve border conflict BANGKOK Laos has rejected Thailand's proposals calling for reviving the work of a co-operation committee and setting up another committee to solve their border conflict, according to the Laotian news agency KPL. KPL monitored here, quoted a Laotian Foreign Ministry letter as

Aquino's land reform Bill 'in shambles' [ARTICLE]

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Aquino's land reform Bill 'in shambles' Eaten up by sharks, says chairman MANILA President Corazon Aquino's proposals for major land reform were left "castrated" yesterday by a legislative shambles, a newspaper said. "Castration is a big word but it is the only word that applies," the normally conservative Daily Globe

Aquino promises better justice system [ARTICLE]

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Aquino promises better justice system MANILA President Corazon Aquino yesterday vowed to improve the Philippine justice system by building more courthouses and training more state prosecutors, saying a failure m the process of law would spell anarchy. Mrs Aquino told a national convention of state prosecutors that she had ordered

Bases talks: 'Soviets will not interfere' [ARTICLE]

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Bases talks: 'Soviets will not interfere' MANILA The Soviet Deputy Foreign Minister has promised that Moscow will not interfere m USPhilippine negotiations on US bases here, while trying to place the issue of military forces reduction on the agenda of the forthcoming US-Soviet summit. Mr Igor Rogachev told reporters his

Kopkamtib to fight smugglers [ARTICLE]

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Kopkamtib to fight smugglers Yang Razali Kassim By Jakarta Correspondent JAKARTA Kopkamtib the Command for the Restoration of Security and Order the once-pow-erful security apparatus, headed by Gen Benny Murdani, will now focus on combating smuggling, counterfeiting and other socio-economic problems. Gen Murdani, who made the disclosure yesterday, also indicated

Aquino to trace her roots in China [ARTICLE+ILLUSTRATION]

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Aquino to trace her roots in China HONGKONG Philippine President Corazon Aquino has sent an advance party to her ancestral hometown m southern China to prepare for her state visit next month, the official China News Service said yesterday. The agency, monitored m Hongkong, said an eight-member Philippine mission arrived

30 Philippine generals retire [ARTICLE]

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30 Philippine generals retire MANILA The Philippines military retired 30 generals yesterday and announced major changes ordered by President Corazon Aquino aimed at putting more muscle m the fight against the communist insurgency. "We are going to streamline and remove the fat from headquarters," Chief of Staff General Renato de

Two held for bomb attack [ARTICLE]

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Two held for bomb attack MANILA Police have arrested two Muslim rebels believed to be responsible for a bomb explosion which injured at least 19 people m tho southern city of Davao on Wednesday, military headquarters said yesterday. A spokesman said a man and a woman were held for questioning

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iMM-% HARIMAU INVESTMENTS LIMITED teP^Xje^w (Incorporated m the Republic of Singapore) The Directors hereby announce the following AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1987 1987 1986 Increase'(Decrease) Company Group Company Group Company Group SS'OOO SS'OOO SS'OOO SS'OOO Total Income from Operations 2,912 3,815 2,902 2,521 0.34 Operating Profit

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across the CAUSEWAY

Syariah court system to be upgraded [ARTICLE]

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Syariah court system to be upgraded KUALA LUMPUR The government will set up Syariah (Islamic) courts at the subordinate, high and appellate levels as part of efforts to upgrade the status of Syariah judicature m the country, Minister m the Prime Minister's Department Datuk Dr Yusof Noor said. He said

KL has never expelled investors, Taiwanese told [ARTICLE]

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KL has never expelled investors, Taiwanese told SHAH ALAM (Selangor) Malaysia encourages investments from other countries, even those with which it has no trade relations currently, and has never practised a policy of expelling investors, Selangor Mentri Besar Datuk Muhammad Haji Muhammad Taib said. He said the government had never

Cabinet panel reviews labour laws [ARTICLE]

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Cabinet panel reviews labour laws KUALA LUMPUR The special Cabinet committee set up m January to review three labour laws the Employment Act, Industrial Relations Act and the Trade Unions Act officially met for the first time here yesterday but did not reach any conclusion. The six-member panel, headed by

'Do not fear emerging China' assurance [ARTICLE+ILLUSTRATION]

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'Do not fear emerging China' assurance KUALA LUMPUR South-east Asian countries need not fear China's emergence as a strong military power as the country will concentrate its efforts and resources on modernisation, a seminar was told yesterday. The head of the Department of Asian Studies at the Shanghai Institute of

MCA leaders to donate month's pay to party [ARTICLE]

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MCA leaders to donate month's pay to party KUALA LUMPUR All Malaysian Chinese Association office holders will be donating a month's salary or allowance to the party to help overcome its present debt crisis, the Tongbao reported. They include ministers, deputy ministers, parliamentary secretaries, executive state councillors', MPs, state assemblymen

For sports [ARTICLE]

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For sports KUALA LUMPUR The Cabinet has approved an allocation of Ms 2 million (551.56 million) this year for the National Sports Council to create 150 full-time posts for athletes, coaches and sports officials m preparation for the Sea Games here next year. Bernama

New Umno leaders woo Johor [ARTICLE]

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New Umno leaders woo Johor JOHOR BARU Fourteen federal-level New Umno leaders began giving talks on the party to potential members of the 18 Umno divisions m Johor on Thursday. A statement from Johor Umno said the party headquarters had assigned two Cabinet ministers, seven deputy ministers, four parliamentary secretaries

No blacklist, says State Umno chief [ARTICLE]

Page 17

No blacklist, says State Umno chief JOHOR BARU The Johor Umno pro-tern committee is not blacklisting anyone who wish to join the New Umno, State Umno chief Haji Muhyiddin Yassin said. He said the final decision to accept or reject applications lay with the central pro-tern committee. "I have not

The Star will be back today [ARTICLE+ILLUSTRATION]

Page 17

The Star will be back today KUALA LUMPUR The Star, one of three newspapers banned by the government amid racial tension five months ago, will hit the streets again today. A happy Segaran, an employee of The Star, signals his happiness and is eagerly awaiting its reappearance. The Home Ministry

Govt helped to defame Mahathir, says Review [ARTICLE]

Page 17

Govt helped to defame Mahathir, says Review KUALA LUMPUR The Malaysian government and its Home Minister helped to defame Prime Minister Datuk Seri Dr Mahathir Mohamad by releasing an allegedly defamatory article m a news magazine, a lawyer for the Far Eastern Economic Review asserted yesterday. Mr Muhammad Shafee Abdullah

House adjourned [ARTICLE]

Page 17

House adjourned KUALA LUMPUR The Dewan Rakyat was yesterday adjourned with no date fixed for the next sitting, after sitting for 15 days during which it passed nine Bills. They included the Constitution (Amendment) Bill, Societies (Amendment) Bill and the Dangerous Drugs (Forfeiture of Property) Bill. Bernama

Mosque ruins [ARTICLE]

Page 17

Mosque ruins IPOH Villagers of Kampung Tua, Lambor Kanan m Parit about 35 km from here, have discovered the ruins of a mosque believed to have been built by Sultan Mudzaffar Shah m 1528. NST

IGP calls on his men to buck up [ARTICLE+ILLUSTRATION]

Page 17

IGP calls on his men to buck up Discipline m the force a matter of concern, he says KUALA LUMPUR In-spector-General of Police Tan Sri Mohamed Haniff Omar yesterday urged police personnel to tighten discipline to safeguard the image of the force. He said the standard of discipline among police

China, Taiwan keen to join petrochem plan [ARTICLE]

Page 17

China, Taiwan keen to join petrochem plan KUALA LUMPUR Four parties, including one from China and one from Taiwan, are keen to participate m Malaysia's proposed ethylene petrochemical plant. The project, reported to cost US$l billion (Ss2 billion), is expected to produce 300,000 tonnes of ethylene annually. Petronas president Tan

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Page 16 Advertisements Column 1 [ADVERTISEMENT]

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Parliament

SUMMARY

Dr Mattar takes over [ARTICLE]

Page 18

Dr Mattar takes over THE last few questions about the Community Development Ministry's budget concerned Muslim affairs and Dr Ahmad Mattar, as Minister-in-charge of Muslim affairs, took over. Four Malay MPs spoke m Malay on subjects ranging from new mosques and the role of the Muslim Religious Council (Muis), to

Lively debate [ARTICLE]

Page 18

Lively debate THE debate on the Trade and Industry Ministry's budget was dominated by the lively, witty and sharp exchanges between Brigadier-General (Res) Lee Hsien Loong and Dr Augustine lan (Whampoa), an associate professor of economics at the National University of Singapore. While Dr Tan reminded the House of Singapore's

Typhoons at Capitol Hill [ARTICLE+ILLUSTRATION]

Page 18

Typhoons at Capitol Hill SINGAPORE watched the progress of protectionist legislation m the United States Congress "like meteorologists watching typhoons", Trade and Industry Minister Lee Hsien Loong said. He said Singapore was m a fairly secur position to face up to a world economic downturn, but it had to look

On economic research [ARTICLE]

Page 18

On economic research DR AUGUSTINE TAN thought it would be a good idea for Singapore to have its own economic research centre, just as it now boasts an Institute of Policy Studies. But Trade and Industry Minister Lee Hsien Loong was not convinced that enough talent was available for a

Business and kia su state [ARTICLE]

Page 18

Business and kia su state HOW many graduates of the now-defunct Nanyang University became successful entrepreneurs m the 60s and 70s, Dr Ow Chin Hock (Leng Kee) asked. Lamenting the lack of local entrepreneurship, he blamed a kia su (afraid to lose) attitude among Singaporeans, who preferred well-paying, secure jobs

Protection of 'Big Four' [ARTICLE]

Page 18

Protection of 'Big Four' DR AUGUSTINE TAN cited the Government's protection of the four local banks m an attempt to persuade Trade and Industry Minister Lee Hsien Loong to do the same for the retail sector. Replying, the minister explained that the Government protected the banks only because local banks

Made in Singapore [ARTICLE]

Page 18

Made in Singapore A RECENT survey carried m Newsweek magazine was brought to the attention of the House yesterday. It was cited by Mr Goh Chee Wee (Boon Lay), who urged the Trade and Industry Minister to raise the image of locally-made products abroad. Most of the few Americans who

The debate which wasn't [ARTICLE]

Page 18

The debate which wasn't ONLY one MP wanted to speak on the budget for the Prime Minister's Office Opposition MP Chiam See Tong (Potong Pasir). He had indicated that he wished to ask Mr Lee Kuan Yew about the "functions and responsibilities" of Senior Minister S. Rajaratnam. Half an hour

BUDGET FOR TRADE AND INDUSTRY

BG Lee: No sudden rise in business costs [ARTICLE]

Page 18

BG Lee: No sudden rise in business costs THE Government will not add to business costs by suddenly taking away various cuts it granted to get Singapore out of the recession, Trade and Industry Minister Lee Hsien Loong said yesterday. These were worth a total of $3.2 billion, with the

Economic Committee as 'shadow ministry' rejected [ARTICLE]

Page 18

Economic Committee as 'shadow ministry' rejected TRADE and Industry Minister Lee Hsien Loong yesterday turned down a suggestion to keep the Economic Committee and its sub-committees as permanent channels of communication between businessmen and the Government. There already were many existing feedback lines, he said, and it was not fair

Of sumo wrestlers, dreams and peanuts [ARTICLE+ILLUSTRATION]

Page 18

Of sumo wrestlers, dreams and peanuts Or why competition is good for the retail trade THIS is a story about sumo wrestling, big guys and little guys, and dreams. But mostly, it is about Singapore's retail trade. It started yesterday with Dr Ow Chin Hock (Leng Kee) raising a question

The general and the professor in a battle of wits [ARTICLE+ILLUSTRATION]

Page 18

The general and the professor in a battle of wits From start to finish, yesterday's debate on the Trade and Industry Ministry's budget proved to be a battle of wits between Minister Lee Hsien Loong and MP Augustine Tan (Whampoa). A sampling of some choice bits: w On Singapore's ability

An image problem? Our goods sell in US — BG Lee [ARTICLE]

Page 19

An image problem? Our goods sell in US BG Lee ARMED with a Newsweek poll m hand, Mr Goh Chee Wee (Boon Lay) told Parliament that Singapore products are suffering an image problem m the United States and something must be done about it. The poll, on American consumers' response

Ow wants more help for entrepreneurs [ARTICLE+ILLUSTRATION]

Page 19

Ow wants more help for entrepreneurs IS THE Government doing enough to encourage local entrepreneurs? Dr Ow Chin Hock (Leng Kee) thinks it can do a lot more, especially m giving local companies financial help to venture abroad. "We have been called Singapore Incorporated. Why don't we live up to

Sentosa causeway ready by 1992 [ARTICLE]

Page 19

Sentosa causeway ready by 1992 A CAUSEWAY will link Sentosa to the mainland by 1992, Mr Eugene Yap said yesterday when he outlined tourism plans for the island and elsewhere. He did not provide details but a Public Works Department newsletter reported last month that the causeway will start west

BUDGET FOR COMMUNITY DEVELOPMENT

Changes to give Muis more power under study [ARTICLE]

Page 18

Changes to give Muis more power under study THE Government is considering major changes to the Administration of Muslim Law Act to give wider powers to the Muslim Religious Council (Muis). This was disclosed yesterday by Dr Ahmad Mattar, the Environment Minister and Minister-in-charge of Muslim Affairs, when replying to

Govt to forgo interest on National Stadium loan [ARTICLE+ILLUSTRATION]

Page 18

Govt to forgo interest on National Stadium loan THE Government has agreed to forgo interest for the loan it gave to the Singapore Sports Council to build the National Stadium, said Community Development Minister Wong Kan Seng. But the outstanding interest of about $845,000 still had to be paid, he

PA moves to attract more Malays [ARTICLE]

Page 19

PA moves to attract more Malays THE People's Association will continue to work closely with Majlis Pusat (iho Central Council of Malay Cultural Organisations) and other Malay organisations o organise projects and activities for the Malay community. It intends tc establish at least one Malay interest group m each of

Job unit for housewives and retirees 'not needed' [ARTICLE]

Page 19

Job unit for housewives and retirees 'not needed' Reports by AGNES WEE, TAN TECK HUAT, BERTHA KENSON, TAN TARN HOW, AHMAD OSMAN, CATHERINE C ONG, SALIM OSMAN and ANNE KOH LABOUR Minister Lee Yock Suan rejected a suggestion that the Government form a special unit to help housewives and retirees

Swift riposte during Town vs Gown debate [ARTICLE]

Page 19

Swift riposte during Town vs Gown debate LIAK TENG KIAT FROM THE GALLERY By Running below the surface, they were also engaged m a Town versus Gown, doer versus thinker debate, with BG Lee the doer throwing occasional barbs at Dr Tan whom he clearly thought lived too much m

BRIEFS

JTC properties may be sold [ARTICLE]

Page 19

JTC properties may be sold THE Trade and Industry Ministry will look into the possibility of selling industrial properties owned by Jurong Town Corporation to the private sector m order to let market forces set the rents. Trade and Industry Minister Lee Hsien Loong said he accepted the point by

Tapping bay for water [ARTICLE]

Page 19

Tapping bay for water A STUDY on the feasibility of tapping Marina Bay as a secondary source of water supply is being carried out, Senior Parliamentary Secretary (Trade and Industry) Eugene Yap said. But no concrete results had emerged so far, he said m reply to Dr S. Vasoo (Bo

Have centre for economic study [ARTICLE]

Page 19

Have centre for economic study DR AUGUSTINE TAN (Whampoa) wanted an institute for economic research established for independent medium- and long-term studies of Singapore, Asean, the NICs and major Pacific Basin countries. The institute, similar to the Korean Development Institute, would help the Government identify trends and problems and come

Be productive and pay more [ARTICLE]

Page 19

Be productive and pay more LOCAL companies should be more productive so that they can pay more to attract Singaporeans to work for them, said Trade and Industry Minister Lee Hsien Loong. Hiring foreign workers was not a solution, Briga-dier-General (Res) Lee told Dr Wong Kwei Cheong (Cairnhill). So these

Joint action on counterfeit goods [ARTICLE]

Page 19

Joint action on counterfeit goods THREE ministries are joining hands to tackle problems relating to the sale of counterfeit goods and touting. Senior Parliamentary Secretary (Trade and Industry) Eugene Yap said an announcement can be expected "m the near future". He told Dr Ow Chin Hock (Leng Kee) that the

Q&A

Squatters on private land [ARTICLE]

Page 19

Squatters on private land THE squatter areas m Alexandra Road, Lorong Sarhad and Alexandra Terrace would not be affected by the public resettlement programme as they are on private land, said the Minister of State (National Development), Dr Lee Boon Yang. Replying to Major Abbas Abu Amin (Pasir Panjang), he

Two-room to four-room [ARTICLE]

Page 19

Two-room to four-room THE Housing Board is considering converting three blocks of two-room rental flats, affected by the relocation programme m Bo Wen constituency, into four-room or larger flats. The Minister of State (National Development), Dr Lee Boon Yang, said two other blocks of one-room rental flats, also affected by

$432m in 4-D sales [ARTICLE+ILLUSTRATION]

Page 19

$432 m in 4-D sales THERE are 150 4-D agents, 147 of whom are operating, Finance Minister Richard Hu said. The rest will start business next month. These Singapore Pools agents are located close to previous Toto booths, m Housing Board town centres or shopping centres m 61 constituencies. Dr

Helping Malay pupils [ARTICLE]

Page 19

Helping Malay pupils MALAY pupils who need help m their studies normally attend remedial classes with other pupils at their own schools outside school hours, the Minister of State (Education), Dr Tay Eng Soon, said yesterday. Replying to Mr Chiam See Tong (Potong Pasir), he said the ministry supported Mendaki,

No suitors for Princess [ARTICLE]

Page 19

No suitors for Princess THE Government is looking into the possibility of leasing out Princess House and its annex m Alexandra Road for a longer period and for other uses besides offices or commercial schools, Environment Minister Ahmad Mattar said yesterday. The premises have been vacant since September 1986 when

Bus interchange review [ARTICLE]

Page 19

Bus interchange review THE Government is reviewing plans to build a bus interchange near the Buona Vista Mass Rapid Transit station, originally meant to serve the proposed new town nearby, said the Senior Parliamentary Secretary (Communications and Information), Mr Ho Kah Leong, yesterday. He was replying to Major Abbas Abu

HOME

Three confirmed species of poisonous crabs

Mosaic crab [ARTICLE+ILLUSTRATION]

Page 20

Mosaic crab Where found: Coral reefs, and more often, m areas with Sargassum seaweed and coral blocks. Colour and appearance: The shell is mosaic red with white patterns. Size: Can reach 9 cm m width. Other information: Extremely poisonous 1 g of its meat can kill 300 mice. A Thai

Platypodia Granulosa [ARTICLE+ILLUSTRATION]

Page 20

Platypodia Granulosa Where found: Mostly m rocky crevices and at the bottom of large coral blocks. Colour and appearance: The shell is dull green with raised lateral margins, marked with three short white bands on each side. The dorsal surfaces are lined with numerous small rounded granules. The fingers of

Green egg crab [ARTICLE+ILLUSTRATION]

Page 20

Green egg crab Where found Under coral rocks and m crevices. It is more commonly found m Malaysian waters where there is an abundance of coral islands. Colour and appearance The shell is green with yellowish to white flower-like markings. Size: Can reach 7 cm m width. Other information: The

Colourful crabs can be deadly [ARTICLE]

Page 20

Colourful crabs can be deadly LESLIE SIM By BE careful about tossing that colourful crab into the cooking pot it may be poisonous and deadly. The Venom and Toxin Research Group of the National University of Singapore warned yesterday the more colourful or prominent the markings on a crab, the

Demania Scaberrima [ARTICLE+ILLUSTRATION]

Page 20

Demania Scaberrima Suspected to be poisonous Where found: Mostly m deeper waters with muddy or rocky bottoms. Colour and appearance: The whole crab is dirty white to orange-brown, with distinct patches of magenta or red-brown. The shell is covered with scale-like tubercles and is rough. Size: Can reach 6.5 cm

$100m deals with Indian firms in the pipeline [ARTICLE]

Page 20

$100 m deals with Indian firms in the pipeline MORE than $100 million worth of business deals with India is m the pipeline for Singapore companies which participated m a recent trade mission there. The mission coincided with Prime Minister Lee Kuan Yew's official visit to India and Pakistan. In

Aids message didn't quite jive at the disco [ARTICLE+ILLUSTRATION]

Page 20

Aids message didn't quite jive at the disco SANDRA CAMPBELL By THE message was serious, but the medium led people to treat it more as a joke. Nearly 450 people showed up on Thursday at Rumours for the first Aids Awareness Night to be held at a Singapore disco, but

Get-rich ploy lands woman in court [ARTICLE]

Page 20

Get-rich ploy lands woman in court A HOUSEWIFE used a get-rich ploy to persuade a woman to hand her about $29,000, which she then used to pay her debts. But yesterday, Goh Song Leng, 30, found m a court that criminal breach of trust did not pay. She had approached

Credit officer fined for part in loan scam [ARTICLE+ILLUSTRATION]

Page 20

Credit officer fined for part in loan scam A CREDIT officer with Shing Loong Finance Ltd got a $13,000 cut from a businessman for approving a $31,900 loan even though he knew the documents tendered m support of the loan were false, a court heard yesterday. Foo Kok Kin, 40,

Charged with robbery [ARTICLE]

Page 20

Charged with robbery AN UNEMPLOYED man was charged on Thursday with robbing a man of $13 by using a toy gun at Changi on Tuesday. Tan Tuang Kee, 38, is said to have robbed Mr Low Kirn Boon, 60, at Changi Coast Road near the Tanah Merah Country Club at

Flag day [ARTICLE]

Page 20

Flag day THE Singapore Red Cross Society will hold its flag day today. The funds raised will help to maintain its local and regional humanitarian activities.

More scope for volunteer counsellors [ARTICLE+ILLUSTRATION]

Page 21

More scope for volunteer counsellors GREATER and more varied opportunities now exist for volunteer probation officers (VPOs) m the rehabilitation of juvenile offenders, as a result of two recent developments. Community Development Minister Wong Kan Seng said this at a long service award presentation for VPOs last night. On the

PA to celebrate dawn dancing [ARTICLE]

Page 21

PA to celebrate dawn dancing DO the tango m a park along with some 100 people who get up every Sunday to dance at the break of dawn. This Sunday, the People's Association Youth Movement Regional Youth Council (South) will be celebrating the second anniversary of its Morning Folk Dance

Row over customer-chasing [ARTICLE+ILLUSTRATION]

Page 22

Row over customer-chasing ROHANIAH SAINI 'No Touting' signs create tension between two groups of hawkers at Whitley Road centre By FOUR "No Touting" signs at the Whitley Road Hawker Centre are creating tension between two groups of hawkers m the food complex. Ironically, the signs, put up four months ago,

Executive Lifestyle [ARTICLE]

Page 22

Executive Lifestyle A journey into the heart of darkness CAVE MAN capers m the heart of Sarawak? More likely a hardship holiday, but an unusual one edging into the "the most extensive and spectacular cave system on earth". Executive Lifestyle m Business Times today charts Julian Wethered's journey into the

Jail and 6 strokes for robber caught in chase [ARTICLE]

Page 22

Jail and 6 strokes for robber caught in chase A MAN, with four people m hot pursuit, was no Pied Piper. For the four chasing Mohamed Ayoob bin Salleh, 27, were a woman he had robbed, a policeman, and two others pulled m to help catch him. The officer and

To Darwin [ARTICLE]

Page 22

To Darwin SINGAPORE Airlines will provide a direct service to Darwin on Tuesdays and Sundays at 9.15 am beginning tomorrow. The return flight will leave Darwin at 4.30 pm on the same days.

Contractors body to launch drive for members [ARTICLE]

Page 22

Contractors body to launch drive for members AGNES WEE By MANY Singapore contractors have dropped out of the construction business because of recession and this has partly been reflected m a more than 15 per cent drop m the Singapore Contractors' Association membership. The association's new executive director, Mr Chan

Boy's death: Housewife charged [ARTICLE]

Page 22

Boy's death: Housewife charged A HOUSEWIFE was yesterday charged with causing the death of her five-year-old stepson, Yazid Bust ami bin Abdul Khair, by severely beating him. Norwati binti Rashid, 27, is alleged to have committed the offence m their ninth-storey flat at Block 639, Ang Mo Kio Avenue 6

Photo contest [ARTICLE]

Page 22

Photo contest THE Singapore Armed Forces Reservists' Association will be holding a photo competition which is open to Singapore residents. The closing date for entries is on Thursday. Those interested can call Mr Lim Kok Khoon on 278-6011 ext 130.

NEWSFRONT

First an idea, add colours and details, and voila! [ARTICLE+ILLUSTRATION]

Page 23

First an idea, add colours and details, and voila! JENNIFER KOH LIFE can imitate art, or at least, the work of the artist. Eleven writers and journalists found this out yesterday when they exchanged their pens for paint brushes for a lesson with Miss Conni Gordon. She is listed m

Dead jogger identified [ARTICLE]

Page 23

Dead jogger identified THE Caucasian who died while jogging at Marina Square on Tuesday has been identified. Police said yesterday the man, 40-year-old banker Barry Hoghdon Best of Britain, has been m Singapore with his wife, Annie, for only six months. A police spokesman said that a cyclist, Mr Tan

Decorator fakes the cake [ARTICLE+ILLUSTRATION]

Page 23

Decorator fakes the cake THE creator of an elaborate blend of cardboard, wire and icing sugar walked away with a free week-long training stint on cakes and pastries m West Germany. Mr Lee Leong Yaw, 21, an interior decorating student from Kuala Lumpur, beat 14 other entries from Singapore and

Man died in escape bid [ARTICLE]

Page 23

Man died in escape bid A HANDCUFFED man, arrested for heroin consumption, escaped from police, climbed over a parapet and plunged three storeys to his death. Mr Ng Kay Soon, 26, was "chasing the dragon" that is, inhaling the fumes from heated heroin on the third storey of Block 642,

Punjabi beauty contest finds critics among some Sikhs [ARTICLE+ILLUSTRATION]

Page 23

Punjabi beauty contest finds critics among some Sikhs THE first-ever Punjabi beauty contest here, Miss Vesakhi Queen '88, has come up against criticism by a section of the Sikh community. The matter was raised recently at two Sikh temples, the Khalsa Dharmak Sabha m Niven Road and the Sri Guru

Suspect in pyramid selling scheme arrested [ARTICLE]

Page 23

Suspect in pyramid selling scheme arrested A TECHNICIAN, suspected of promoting pyramid selling by offering an easy-income mail-order scheme, was arrested on Thursday. The suspect, 22, was detained at Funan Centre m North Bridge Road by officers from the ClD's Commercial Crime Division. Police alleged that he had registered, and

Man gets jail and cane for hold-up [ARTICLE]

Page 23

Man gets jail and cane for hold-up AN UNEMPLOYED man has been sentenced to five years' jail and 18 strokes of the cane for armed robbery. Mahat bin Tahir, 25, yesterday pleaded guilty to holding up two staff members of International Indenting House Travel Agent, m Philip Street, at knife

15 years' jail for shooting at sea [ARTICLE+ILLUSTRATION]

Page 23

15 years' jail for shooting at sea Judges accept plea of diminished responsibility by special constable who caused two deaths A SECOND murder charge against a Special Constable was reduced to manslaughter by the High Court yesterday. The court found that Abdul Rashid bin Mohd Said, 22, was suffering from

SPECIAL REPORT

Parents at war with aliens from video-land [ARTICLE+ILLUSTRATION]

Page 24

Parents at war with aliens from video-land JANICE SEAH TAN EE SZE Renewed craze for video games Reports: and In a world of my own "I feel like I'm m a world of my own when I'm playing. Most of what I save from my allowance goes into the games."

Once you win, you keep going on and on [ARTICLE+ILLUSTRATION]

Page 24

Once you win, you keep going on and on Sharon Tan, 19, a junior college student, describes her hypnotic relationship Kith the computer four years ago. "The excitement builds up m the more difficult levels. You get very tense and pressured. You're really on your toes, and sometimes you start

5 HOT GAMES [ARTICLE+ILLUSTRATION]

Page 24

5 HOT GAMES THESE are the top-selling video games m Singapore meant for personal computers, say video gamers: ULTIMA V: The Ultima series has become a classic, and this latest offering has its fans here waiting with bated breath for its release next month. It is an extensively detailed game

How Fortune magazine rates Asian countries [ARTICLE]

Page 25

How Fortune magazine rates Asian countries Sojrce: Fortune magazine Receptivity to foreign Political Income investment stability distribution Japan C+ A A Hongkong A A- 8SINGAPORE A A A Taiwan A A- A South Korea B+ B A-

Japanese firms here want workers to be more productive [ARTICLE]

Page 25

Japanese firms here want workers to be more productive LOW worker productivity and high labour costs are the major concerns of Japanese companies here. But they rated highly Singapore's political stability, the generous financial incentives, the good infrastructure and the absence of industrial disputes. Speaking at a seminar on Japanese

Science quiz [ARTICLE]

Page 25

Science quiz BUDDING scientists will be testing their mettle at the annual inter-school Science Challenge, organised by Hwa Chong Junior College science council, today. In all, 208 students from 34 secondary schools will take part. Four teams, with four members each, will be chosen for the quiz from a preliminary

KL: Move to Malaysia and get GSP benefits [ARTICLE]

Page 25

KL: Move to Malaysia and get GSP benefits Sivam Subramaniam By MANUFACTURERS here are welcome to relocate their plants across the causeway to take advantage of Malaysia's status as a US Generalised Scheme of Preference (GSP) beneficiary, said its Trade and Industry Minister yesterday. This way, they can continue to

Spore gets all A's in investment score [ARTICLE]

Page 25

Spore gets all A's in investment score Seminar on Japanese Direct Investments SINGAPORE was the only one to score triple 'A' m an investment attractiveness rating of 17 Pacific Rim countries by Fortune magazine. The A's are for receptivity to foreign investment, political stability and income distribution. Refening to the

Thai jailed for helping three overstayers [ARTICLE+ILLUSTRATION]

Page 25

Thai jailed for helping three overstayers A THAI boat master was jailed for 18 months by a district court yesterday for abetting three other Thai men who had overstayed to leave Singapore illegally. Tunt Akaboon, 47, admitted helping the three men who were among the 34 arrested by Immigration officers

Man brought in banned immigrants [ARTICLE]

Page 25

Man brought in banned immigrants A MALAYSIAN labourer was yesterday jailed for 27 months by a district court for ferrying two "prohibited immigrants" to Singapore m a motorboat last month. Yusof bin H. Burman, 30, admitted transporting Masrukhin bin Pamudi, 28, and Sama'un bin Harkasan, 30, from Johor Bahru to

Productivity training [ARTICLE]

Page 25

Productivity training THE chairman of the National Productivity Board, Mr Mah Bow Tan, will open an eight-day Asean-Japan regional training programme on productivity which will be held here starting from Monday. Participants from Indonesia, Malaysia, the Philippines, Thailand and Singapore will present reports on their countries' productivity movements. Brunei is

For seafarers [ARTICLE]

Page 25

For seafarers THE Singapore Mariners' Club will hold a Seafarers' Nite today at the Mariners' Corner Restaurant m Cantonment Road. Tickets at $10 per head will be available at the Seafarers' Lounge m the club at Maritime House.

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Page 20

Advice on poisonous crabs Generally, avoid eating crabs that are unfamiliar, especially those found on coral reefs because most of the reported poisonous species are reef inhabitants. Also, avoid eating crabs that are colourful and have attractive markings on their shells. Never assume that because no fatal cases of eating

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Page 21

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Page 22

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Page 23

CONGRATULATIONS, We congratulate you on your move to new and bigger premises. And for your outstanding performance as Overall Top Dealer for Olivetti m 1986 and 1987. When you put you r team of dedicated professionals with Olivetti's video typing systems, personal computers, software and accessories, big things are bound

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I to cuntin I H University of Technology X fl Perth Western Australia m I Curtin University, formerly the Western Australian Institute of H Technology, has a number of student places for first-year B| I undergraduate courses and for those with advanced standing, H I such as diploma holders from

The Straits Times

Keep up the pressure [ARTICLE]

Page 26

Keep up the pressure SATURDAY, MARCH M, 1988 FROM the words of peace that spewed out of Mr Mikhail Gorbachev's mouth during the US-USSR summit meeting last year, one would have hoped that solutions to some of the protracted regional conflicts would soon be effected. But this has not happened.

This week's parting shots [ARTICLE]

Page 26

This week's parting shots "He was not afraid. I was shooting near his legs. Still, the Palestinian would not move. I saw there was nothing more to do than to shoot him. I was so upset. My feeling was that I was so ashamed of myself as a soldier/ An

COMMENT/Perspective

Preserving the security [ARTICLE+ILLUSTRATION]

Page 26

Preserving the security Excerpts from the Malaysian White Paper on the ISA arrests The Malaysian government released this week a White Paper on the exploitation of sensitive communal and religious issues by political parties, Marxists, communists, Christian missionaries and Islamic extremists. The paper, Towards Preserving National Security, outlined the reasons

Glossary of abbreviations [ARTICLE]

Page 26

Glossary of abbreviations PAS: Parti Islam Se Malaysia Umno: United Malays National Organisation DTCs: Deposit-taking co-operatives NTPS (C): National Type Primary Schools (Chinese) DAP: Democratic Action Party MCA: Malaysian Chinese Association MIC: Malaysian Indian Congress UCSTAM: United Chinese School Teacher's Association of Malaysia UCSCAM: United Chinese School Committees Association of

Racial clashes involving Malays and Chinese from 1945 to 1969 [ARTICLE]

Page 26

Racial clashes involving Malays and Chinese from 1945 to 1969 AUGUST: Fight between Malays and Chinese of the Malayan People's Anti-Japanese Army (MPAJA) m Parit Jawa, Muar, Johor. AUG 21: Fight between group of Malays headed by Kiyai Salleh Abdul Karim and Chinese/MPAJA m Ayer Hitam, Johor. MAY-AUGUST: Fight between

Making sense of what money buys in Singapore [ARTICLE+ILLUSTRATION]

Page 27

Making sense of what money buys in Singapore TAN SAI SIONG Look Back In Wonder A personal view of the week's news By IT WAS a week m which the more interesting items of news and events had dollars and cents running through them Tike a rich silver vein m

T. F. Hwang takes you down Memory Lane [ARTICLE]

Page 27

T. F. Hwang takes you down Memory Lane THE LAWYERS TEN days ago, 120 ngfc lawyers all Na JonS 1 University of Singapore graduates were called to the Bar. Noting that ths all-time record number was made up of young men and women m equal numbers, Chief Justice Wee Chong

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Page 26 Advertisements Column 1 [ADVERTISEMENT]

Page 26

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Tell male students about men's role in child rearing [LETTER+ILLUSTRATION]

Page 28

Tell male students about men's role in child rearing Children need care of both parents 4 We could begin by acknowledging that children are everyone's business and that the privilege of bearing and rearing of the next generation is a joint one and does not rest entirely on the shoulders

'Personal indemnity' practice is just squeezing money from an applicant [LETTER]

Page 28

'Personal indemnity' practice is just squeezing money from an applicant I WAS informed by my banker recently that the issuance of a banker's guarantee against the cash deposit of the same sum pledged m lien with the bank is not good enough. An applicant, be it a company or an

Filling income tax forms a great headache [LETTER]

Page 28

Filling income tax forms a great headache I REFER to your report "Taxman shows 20,000 how to fill forms" (ST, March 18) on taxpayers who have been sending m blank income tax returns. I have a simple question for the Inland Revenue Department. Why do you insist on everyone filling

Replies

PSC accepts foreign degrees by accredited institutions [LETTER]

Page 28

PSC accepts foreign degrees by accredited institutions I REFER to the letter "Are these degrees recognised?" (ST, March 11). The Public Service Commission (PSC) is not the authority to consider and grant recognition to foreign qualifications. However, amon,' other functions, the PSC serves as the recruiting body for the civil

Queueing or queuing? Both acceptable [LETTER]

Page 28

Queueing or queuing? Both acceptable I WOULD like to thank D. Chia-Foo for her letter seeking clarification on the use of the correct spelling for the word "queue" plus "ing" (ST, March 3). Both forms of spelling, "queueing" and "queuing", are acceptable. A check with some dictionaries revealed that the

Page 28 Advertisements

Page 28 Advertisements Column 1 [ADVERTISEMENT]

Page 28

"te 1 The Straits Trading Company Limited (Incorporated m Singapore) NOTICE IS HEREBY GIVEN THAT (a) The annual general meeting of The Straits Trading Company Limited will be held at 9 Battery Road #21-00, Straits Trading Building, Singapore 0104, on Thursday, 26th May 1988 at 11.00 a.m. (b) The directors

Page 28 Advertisements Column 2 [ADVERTISEMENT]

Page 28

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TIMESDOLLAR

In the markets

INDICES — Highs & Lows [ARTICLE]

Page 29

INDICES Highs Lows Straits Times Business Times Industrial Composite 1987 High 1505.40 (26/8/87) 1327.69 (11/8/87) 1986/87 Low 563.34 (28/4/86) 470.92 (28/4/86) All time High 1505.40 (26/8/87) 1327.69 (11/8/87) All-time Low 74.75 (17/9/64) 470.92 (28/4/86)

Sesdaq [ARTICLE]

Page 29

Sesdaq Closing Chang? Vol ('000) tmlek Engrg 20c 1.51 -3 310 SB Wdgs 10c 0.965 unch 138 lingapore National Printers 50c 2.00 -2 2.5 lingatronics 20c 101 -5 213 ribs 50c 072 -2 6.5 Fonhow Ind 50c 0.85 Kepco 50c 0 85 -3 18

Exchange crossrates [ARTICLE]

Page 29

Exchange crossrates DM V FF S$ HK$ US$ US$ 1.6783 ***** unq ***** 7.8070 1.8430 1.6790 ***** 5.7080 2.0115 7.8040 1.8410

Forex [ARTICLE]

Page 29

Forex THE US dollar lost 62 ticks to close at DM1.6790 m Singapore.

Gold [ARTICLE]

Page 29

Gold In Singapore, gold lost US$l.5O to U*****.50 an ounce.

Simex [ARTICLE]

Page 29

Simex Eurodollar: Gained six ticks to 92.69 a contract. Deutschemark: Gained 19 ticks to 0.5998 a contract. British Pound: Lost 50 ticks to 1.8320 a contract. Japanese yen: Gained 21 ticks to 0.*****3 a contract. Nikkei: Lost 180 points to ***** a contract. Gold: Lost US$2.lO to U*****.90 an ounce.

OCBC hits record $130.8m net profit [ARTICLE]

Page 29

OCBC hits record $130.8m net profit LIM ENG HAI Group not affected by market crash, says bank By Oversea-Chinese Banking Corporation Ltd Results for year to Dec 31 OBVIOUSLY unaffected by the stock market crash last October, the Oversea Chinese Banking Corporation group yesterday reported the highest net profit m

Straits Trading pre-tax gain rises 35% to $39m [ARTICLE]

Page 29

Straits Trading pre-tax gain rises 35% to $39m THE Straits Trading group yesterday reported a 34.5 per cent rise m pre-tax profit to $39.11 million for the year ended December from $29.08 million m 1986. The rise was despite a 1.2 per cent drop m group turnover to $210.08 million

KL stock exchange 'speeding up formation of second board' [ARTICLE+ILLUSTRATION]

Page 29

KL stock exchange 'speeding up formation of second board' THE Kuala Lumpur Stock Exchange is speeding up the formation of a second board and is also improving the trading environment to increase the listings of new companies and the volume of trading. KLSE Chairman Nik Mohamed Din bin Datuk Nik

Selling wave sweeps through world bourses [ARTICLE]

Page 29

Selling wave sweeps through world bourses A SELLING wave swept through world financial markets on Thursday, sending Wall Street, London and Tokyo stock markets to wide losses. Analysts said a tumbling US dollar deflated the optimism felt m recent days when the major stock exchanges had reached their highest levels

Harimau makes less despite rise in turnover [ARTICLE]

Page 29

Harimau makes less despite rise in turnover HARIMAU Investments Ltd has announced lower pre-tax profit for the year ended last December despite an increase m turnover. The closed-end investment fund backed by the Oversea-Chinese Banking Corporation group saw its operating pre-tax profit fall 55 per cent to $2.52 million, even

UOB earnings rise to $139m but fail to top previous best [ARTICLE]

Page 29

UOB earnings rise to $139 m but fail to top previous best HSUNG BEE HWA By United Overseas Bank Ltd Results for year to Dec 31 THE United Overseas Bank group ended last year with a 31.5 per cent higher net after- tax profit of $139.45 million but failed to

Business done in Singapore [ARTICLE]

Page 30

Business done in Singapore READERS should be aware of the limitations of this information. Not every transaction, nor every price dealt m at the stock exchange, is covered m "business done". Further, because al deainfs at a particular price are lumped together, the table does not show the trend m

Business done in Kuala Lumpur [ARTICLE]

Page 30

Business done in Kuala Lumpur INDUSTRIALS I TAjmomoto (300S) 300 xbi >lcom (74.58 765) 76 (17) 75 (6) API (40S) 41 (6) 40 5 (6) 40 (39) AISB (978 98.55) 96.5 (13) 96 (3) ■97 (4) -ASM (1968 1975) 192 (59) 190 f(4) 191 (8) 193 (35) 194 (60) 195

How your stocks performed [ARTICLE]

Page 30

How your stocks performed M dares quoted have a par value oi $1, ufcss otherwise specified Marfin stocks at 4mm ti Md prM. Adjusted tar scrip/rfehts. N Tai-eiampted dMdend. AflN is traded n Ms of 10 rims each, with ttw price quoted h dohrs. AH7 shares are traded m US

Commodities, Finance

Bank rates [ARTICLE]

Page 31

Bank rates 1 Mn $1,000. 2 For best customers only. 3 OCBC finance 4 avalable it DBS Finance 5. Qualfynf that rates are offered by sunsidury OUT. UOF's rates.** abo avataMe at UOF. also a«aiaUe at DBS Finance. avaiabfe at UOF. OCBC OUB UOB DBS DEPOSIT RATES Savings: daily 2

FOREIGN EXCHANGE [ARTICLE]

Page 31

FOREIGN EXCHANGE Interbank Over the counter Foreign Local dollars to Foreign currency currency one unit of to Sslo foreign currency Australian dollar 1.4918—1.4946 6.80—6.63 Canadian dollar 1.6193—1.6214 6.23—6.13 NZ dollar 1.2977 1 3003 7.93-7.63 Sterling pound 3.7020-3.7059 2.72-2.68 US dollar 2.0120—2.0130 5.01—4.96 Local dollars to 100 units of foreign currency

Forex [ARTICLE]

Page 31

Forex THE US dollar closed weaker against most major currencies at 3 pm yesterday. Against the Singapore dollar, it closed weaker at 2.0122/32 m volatile trading. It traded within a range of 2.0135 and 2.0100. It opened initially at 2.0100/10. Against the deutschemark, the greenback opened at 1.6785/90 and closed

Gold [ARTICLE]

Page 31

Gold THE kilobar market traded between 5529,229 and 5529,493 yesterday. In the Far East market, gold opened at U*****.70/454.20, and immediately eased off on some selling to U5W53.00/453.50 before rising to U5*453.60/454.00. However, American selling took the yellow metal down to U*****.30/452.80 before closing for lunch at U*****.75/453.25. It reopened

Gold Market [ARTICLE]

Page 31

Gold Market GOLD US$/oz Fri Thurs Singapore 452.00 452.50 454.00 454.50 Hongkong 452.30 452.70 454.00—454.50 Thurs Wed New York 453.70-454.20 451.10—451.60 London 452.00—452.50 451.00 451.50

Aluminium [ARTICLE]

Page 31

Aluminium Ckninf prices Aluminium £/tonw Thurs Spot 1458.00 1460 00 (1482.00 1484 00) 3 months 1270.00 1272.00 (1293.00—1294.00) Market tone: Firmer Sales: 6,450 tonnes

INSURANCE FUND [ARTICLE]

Page 31

INSURANCE FUND Income Bond Policy 171—177

Tin [ARTICLE]

Page 31

Tin Tin Closing prices MS/kHo XL Tin 17.37 down three cents Turnover 15 tonnes down 31 tonnes

Copper [ARTICLE]

Page 31

Copper Closing prices Copper E/tonne Thurs Spot 1303.00—1304.00 (1292.00 1293.00) 3 months 1223 00 1224.00 (1212 00 1213.00) Market tone: Firmer Sales: 11.900 tonnes

Silver [ARTICLE]

Page 31

Silver Ctainf prices Silver USJ/troy 02 Fri Ihurs Singapore 6 65—6 70 670—6 75 Thurs W«d N«w York 6 72 6 .77 660—665 Source Credit Suisse. Spore

Palm oil [ARTICLE]

Page 31

Palm oil Crude MS/tonw palm oil Mar 920 (south) 908 (central) April 920 (south) 905 (north) 900 (central) Refined palm oil USS,' tonnes RBD palm oil April/May 330 (sellers) June 367 50 (sellers) RBD Stearin April 377.50 (sellers) May 370 (sellers) June 365 (sellers) RBD Olein April 392.50 (sellers) May

Unit trusts [ARTICLE]

Page 31

Unit trusts Managers' prices for March 26 28 Singapore Unit Trust The Commerce 0.94—1.00 The Savings Fund 0.80 0 86xd Spore Prog Fund 0.38—0.4Z Spore Sec Fund 0 63 0.68 Spore Invest Fund 068—0.73 Spore Equity Fund 0.45—0.49 Asia Unit Trust Mai Invest Fund 1.30—1.40 Mai Prog Fund 0.33—0.37 Mai

Rubber [ARTICLE]

Page 31

Rubber Rubber Closing prices cents/kilo Singapore 224.25 April up 2.50 cents Malaysia April 288.00 up 1.50 cents

Deutschemark Options [ARTICLE]

Page 31

Deutschemark Options April 88 colts April 88 puts High Low S«tt High Low S*n 54 CAi 55 CAI 56 CAI 57 CAI 58 2061 196 3 59 1141 106 10A 11 60 47 34 37 39A 45 61 121 11 102 102 110 62 3 197A 206 63 CAI 310A

Japanese Yen Options [ARTICLE]

Page 31

Japanese Yen Options April 88 colls April 68 putt High Low Sett High Low S«t< 73 CAB 74 CAB 75 CAB 76 3«78 392 3 77 2978 292 4 78 2148 201 8 8 8 79 1308 129 123 23 23 26 80 76 65 65 68A 69 Bl 328

Eurodollar Options [ARTICLE]

Page 31

Eurodollar Options June M coll« lu<* 88 put. Hl9* Low S«tl H>9»i Low S«tt 8900 369 CAB 8950 319 CAS 9000 269 CA» 9050 25 CAB 9100 1678 170 9125 1428 U5 9150 1198 122 3 9175 958 98 6A 5 *200 738 76 8 922a 538 55 12 9250

Stock markets round-up

Prices tumble in wave of nervous selling [ARTICLE]

Page 31

Prices tumble in wave of nervous selling THE Singapore stock market continued its slide yesterday, as the 43-point overnight drop m the Dow Jones precipitated a wave of nervous selling. By the first hour of trading, The Straits Times Industrial Index had fallen by more than 10 points before prices

Hongkong [ARTICLE]

Page 31

Hongkong Mar 25 HK$ Charge /\»i~"- Imi Hotels 2 175 -0 05 Bonk Ot lc<' Asio '6.40 -0.2 Capitol Corp 0.85 -C 01 Cathay Pacific Air 6 85 -0 i Cheung Kong 740 -0 C China Light 18.30 -06 City Resources I 30 -0 04 Cross Horb Tunnel 14 50

Tokyo [ARTICLE]

Page 31

Tokyo Mar 25 Yen Charge Arinomoto 3200 unch Akai 586 -4 Amada 1350 unch Asahi Chem 1120 unch Asahi Glass 2000 -10 Bonk Of Tokyo 1530 -40 Bridgestone I3GO -60 Canon 627 -503 Casio Computer 1860 +590 Citizen 627 -8 D Nip Pnnt 2550 -30 D Nippon Screen 1000 unch

Sydney [ARTICLE]

Page 31

Sydney Mar 25 Cents Chanfe (Auit) ACI A N I 166 -7 Aberfoyle 425 -15 Age 445 -5 Amcor 440 +10 Ampol Exp 315 -7 Ampol Pet 360 unch Anz 437 -15 Ariadne Aust 29 -4 Ashton 128 -1 B H P 748 -10 Beach Petroleum 33 unch Bell Group

INDICES [ARTICLE]

Page 31

INDICES j i i i -i i i I NST Index Friday 1,514.16 (1,526.51) ~^g Hongkong Hang Seng -y. Friday 2,501.93 (2,546.40) Australian AH-Ordinaries Friday 1,424.30 (1,450.40) Nikkei Stock Average H Friday 25,626.71 (25,781.28) Financial Times Industrials Thursday 1,421.60 (1,459.80) Dow Jones Average Thursday 2,023.87 (2,067.64) (Figures m brackets refer

New York [ARTICLE]

Page 31

New York Mar 24 USJ Chance Alcoo 43* -1* Allied Sifl 32 -1* Amox Inc 19* Amr Corp 42* -2 Art 27* Bethlehem Sri 21* -1 Boeing Co 46* -1 Coterplar Co 63* Cho*e Manhtn 25* Chrysler Cp 24* -W Citicorp 19* -H Con* Nat Go* 36* Consol Ed NY

Ships in port [ARTICLE]

Page 31

Ships in port Vessel Berth Arr Dep Keppel Wharves Alba K2l aside 28/03 Bang Progoti Kl9 aside 26/03 Equator K22 aside 27/03 Kota Benar K33 aside 30/03 Kota Ratu K3l aside 31/03 Larkspur Rl6 aside 26/03 Niaga 22 Kl9 aside 26/03 Shdwno Piang Kl5 aside 27/03 Str Venture K2SW aside

London [ARTICLE]

Page 31

London Mar 24 Pence Change INDUSTRIALS Asda-MFI 174 -4 Allied-Lyons 373 -9 BTR PLC 246 -7 Babcocks Barclays 483 Vi -6W Beecham 453 -15 BICC 320 -5 Blue Circle 450 -13 BOC Group 375W +70V4 Boots 218 -9 Bowoter 387 -6 BATS 440 +78 B Airways 169 -6 Britannia 98

Jardines announces record profit, change of chairman [ARTICLE+ILLUSTRATION]

Page 32

Jardines announces record profit, change of chairman ERIC ELLIS By m Hongkong BIG British hong Jardine Matheson has reported a bumper harvest last year with profits reaching a record HK$7B4 million (*****.03 million) up 64 per cent on 1986, on sales of HK$l2.7 billion. The company also announced a net

Metal Con's interim profit up 11% [ARTICLE]

Page 32

Metal Con's interim profit up 11% METAL Containers Ltd has reported a 10.9 per cent rise m group pre-tax profit to $3.4 million for the six months to end-De-cember last year. Group turnover rose 15.9 per cent to $43.3 million because "almost all the group's companies reported higher turnover", Metal

Japanese developer buys late tycoon's home [ARTICLE+ILLUSTRATION]

Page 32

Japanese developer buys late tycoon's home LIM ENG HAI Nakano (Spore) pays 14.5 m for Cairnhill Rise site By THE family home of the late Dato S.Q. Wong a prominent tycoon who served on the board of more than 20 public companies during his lifetime has been sold for $14.5

HK firm buys into Parry Corp [ARTICLE]

Page 32

HK firm buys into Parry Corp HONGKONG Property developer Hang Lung Development has bought a substantial stake m Parry Corporation Ltd, the flagship of Perth businessman Kevin Parry. Hang Lung said m a statement that its whollyowned subsidiary, Asmo Ltd, has bought more than six million shares m the Parry

Companies Desk

Inch Kenneth Kajang [ARTICLE]

Page 32

Inch Kenneth Kajang INCH Kenneth Kajang Rubber PLC expects to maintain its estate profit from current year estimates based on better crops and higher average prices, Chairman C.W. Tresise said. Mr Tresise said m the company's latest annual report that it believes profit on ordinary activities will again be satisfactory.

Menang Corporation [ARTICLE]

Page 32

Menang Corporation PROPERTY-based Menang Corporation Bhd said the Foreign Investment Committee has approved its proposed acquisition of Country View Realty Sdn Bhd. Menang will pay for the acquisition with Msls million (5511.76 million) cash and the issue of 25 million new Menang shares of Msl each at par. The approval

Faber Merlin [ARTICLE]

Page 32

Faber Merlin HOTEL and property-based Faber Merlin Malaysia Bhd has announced the resignation of Mr Mohamed Tawfik Tun Dr Ismail as joint secretary of the company. The company also announced the appointment of Mr Mohamed Noor Mutalib to the post. The other joint secretary of Faber Merlin is Mr Abdul

Large US fraud cases 'may go to court later this year' [ARTICLE]

Page 32

Large US fraud cases 'may go to court later this year' WASHINGTON Securities and Exchange Commission (SEC) Chairman David Ruder has said that large fraud cases may come to litigation m the coming year. In a testimony before the House Appropriations Committee requesting funding for more staff, Mr Ruder linked

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Page 29

coco PARFUM ET EAU DE PARFUM DE CHANEL

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Page 30 Advertisements Column 1 [ADVERTISEMENT]

Page 30

Happily announce a birth m The Straits Times Classified

TIMESPORT

P.S. Wish you were here [ARTICLE+ILLUSTRATION]

Page 33

P.S. Wish you were here JERRY SEH REUTER Photo Special Pictures by and Dear Sis: j 1^ 8 J Hi! like my glasses? They seem to be my frame to fame. They're great to watch the jy^g p HOWARD Winter Olympics m, but some photographers reckon they're great to HUNTERQUAY

Kiwis and Penguins all set to soar [ARTICLE+ILLUSTRATION]

Page 36

Kiwis and Penguins all set to soar J. RAJENDRAN previews the Cathay Pacific/Hongkongßank Sevens rugby tournament Australia and Fiji tipped to reach semi-finals POOLS AND RANKINGS Pool A: 1 New Zealand 2 Spain 3 Kwang Hua Taipei Pool B: 1 Irish Wolfhounds 2 American Eagles 3 Thailand Pool C: 1

Connors in easy win over Jarryd [ARTICLE+ILLUSTRATION]

Page 36

Connors in easy win over Jarryd KEY BISCAYNE (Florida) Swede Mats Wilander will take on Frenchman Yannick Noah, while American Jimmy Connors will play Czechoslovak Miloslav Mecir m the men's semi-finals of the Key Biscayne International Players Championships. Wilander, the No. 1 seed, disposed of Aaron Krickstein on Thursday m

Ex-champion clears first hurdle [ARTICLE]

Page 36

Ex-champion clears first hurdle PARIS Former titleholder Ulf Bengtsson, who barely had the chance of a match m the victorious Swedish team, cleared the first round of the men's singles without problem m the European table tennis championships on Thursday. Bengtsson, who won the 1984 European singles crown m Moscow,

SPORT IN SHORT [ARTICLE]

Page 36

SPORT IN SHORT BASKETBALL Washington beat Atlanta 94-91 m an American NBA game on Thursday. Other results: Houston 134 NY Knicks 117, Phoenix 119 Milwaukee 114, Utah 117 Sacramento 97. American NCAA semi-finals East Regional: Duke 73 Rhode Island 72, Temple 69 Richmond 47. South-east Regional: Villanova 80 Kentucky 74,

Ban on Zola remains despite affidavit [ARTICLE]

Page 36

Ban on Zola remains despite affidavit AUCKLAND International Amateur Athletic Federation officials said yesterday they accepted Zola Budd's word she did not race m South Africa last year but claimed this did not conflict with their reasons for temporarily banning the British athlete. "The affidavit of Zola Budd herself was

Liverpool aim to end Everton's 90-pt record [ARTICLE+ILLUSTRATION]

Page 37

Liverpool aim to end Everton's 90-pt record ENGLISH SOCCER LEAGUE PREVIEW Champions-elect entertain surprise FA Cup semi-finalists Wimbledon DIV ONE FIXTURES Charlton v Oxford Utd, Chelsea v Southampton, Derby County v Arsenal, Man Utd v West Ham, Portsmouth v QPR, Tottenham v Forest, Liverpool v Wimbledon, Newcastle v Coventry, Norwich

In Coventry's footsteps [ARTICLE+ILLUSTRATION]

Page 37

In Coventry's footsteps MARTIN PALMER ON ENGLISH SOCCER I love it when people write us off. I relish the challenge. I have insisted all along that we could stay up but people only started believing me a few weeks ago. Charlton manager Lennie Lawrence Whipping boys Charlton take their first

Ace Ardiles wants to manage Oxford [ARTICLE]

Page 37

Ace Ardiles wants to manage Oxford LONDON Former Argentine World Cup star Ossie Ardiles wants to move into management with English First Division stragglers Oxford. The 35-year-old midfield player, whose contract with Tottenham Hotspur expires at the end of this season, is keen to succeed Maurice Evans. He said: "Terry

Werder face Bayern in key match [ARTICLE]

Page 37

Werder face Bayern in key match EUROPEAN SOCCER BONN West German League leaders Werder Bremen host Bayern Munich, champions for the past three seasons, today m a key match which could go a long way towards deciding this year's title-holders. Werder trainer Otto Rehhagel gambled on Wednesday by resting three

Burruchaga, Valdano will be sorely missed [ARTICLE]

Page 37

Burruchaga, Valdano will be sorely missed ARGENTINA'S TOUR OF EUROPE BUENOS AIRES Argentina's world champion soccer squad on Thursday headed for West Germany to compete m a four-way friendly clash with the local team, the Soviet Union and Sweden. Argentine coach Carlos Bilardo said shortly before leaving it would be

SOCCER SHORTS [ARTICLE]

Page 37

SOCCER SHORTS THE International Football Federation (Fifa) on Thursday have threatened to switch the 1990 World Cup from Italy because of a row over television facilities. Fifa secretary Josef Blatter has told the Italian federation that if they do not give "precise details" of planned television facilities by May 5,

Janet races to her second victory [ARTICLE+ILLUSTRATION]

Page 38

Janet races to her second victory ORLANDO (Florida) Janet Evans claimed her second victory of the United Sates indoor national swimming championships on Thursday night, winning the 400 metres individual medley. Janet completed the course m 4min 39.865 ec, just o.62sec off Tracy Caulkins' US record. Her other win came

Asean clubs to battle for glory [ARTICLE]

Page 38

Asean clubs to battle for glory ALBERT JOHNSON Challenge Cup attracts about 400 swimmers By ABOUT 400 swimmers representing 15 clubs from among the Asean countries will battle for honours m the Southeast Asia age-group In-ter-Club Championships at Singapore Swimming Club next Friday to Sunday. The overseas clubs are from

Botham faces new hearing [ARTICLE]

Page 38

Botham faces new hearing BRISBANE England all-rounder lan Botham met Queensland Cricket Association commissioner Ron Archer here yesterday to discuss his behaviour on a flight to Perth last week and alleged damage to a dressing room m Tasmania. Association secretary Grantley Evans said after the hearing that Mr Archer had

Space-age craft takes sport into new era [ARTICLE]

Page 38

Space-age craft takes sport into new era YACHTING AUCKLAND The world's largest racing yacht took to the water for the first time on Thursday and opened another chapter m the controversy-ridden 137--year history of the America's Cup. Named New Zealand, the space-age yacht is 35 metres m length and takes

Shoaib hits unbeaten ton for Pakistan [ARTICLE+ILLUSTRATION]

Page 38

Shoaib hits unbeaten ton for Pakistan CRICKET GEORGETOWN (Guyana) Shoaib Mohammad scored an unbeaten century as Pakistan batted determinedly on the opening day of their four-day cricket match against the West Indies Board XI on Thursday. Shoaib was 101 not out, including 13 fours, as the tourists reached 269-3 off

Dream start for West Germany [ARTICLE]

Page 38

Dream start for West Germany HOCKEY LAHORE Title holders West Germany made a good start m the 10th Champions' Trophy hockey tournament here yesterday by defeating World Cup holders Australia 1-0 m a scrappy match. In the other matches played yesterday, Spain beat Britain 2-1 and Pakistan drew 1-1 with

Soo Heng books his final place [ARTICLE]

Page 39

Soo Heng books his final place HAKIKAT RAI ASCOT SQUASH CHAMPIONSHIPS By ONG SOO HENG outplayed Dermadi Adi m straight sets m the men's semi-finals of the Ascot Squash Championships at Kallang last night. Soo Heng, 20, a member of the national team that finished second at January's Asian meet

All square [ARTICLE]

Page 39

All square SAW YEW HOCK LIM KOON GUAN and Thomas Ang, seeded No. 1 and 2 respectively, were level 3-3 after the first night in the best-of-13-frame RPM 3000 snooker final at the SBSC clubhouse yesterday. Both players never displayed their best on an evening when the occasion got the

Pathma set to return home [ARTICLE+ILLUSTRATION]

Page 39

Pathma set to return home JOE DORAI By 41 want to enjoy the last few years of my soccer before calling it a day. Besides, I want to get the Singapore team back to their m great days. Pathmanathan (left) Pahang FA agree to release ex-skipper for one-year contract FORMER

Toa Payoh in Tyrwhitt's way to Premier League [ARTICLE]

Page 39

Toa Payoh in Tyrwhitt's way to Premier League JOE DORAI HAVING lost their bid to gain admission to the Premier League soccer competition m the Football Association of Singapore boardroom, Tyrwhitt Soccerites will get another shot at qualifying when they meet Toa Payoh United m the League Division One match

Hanafi is hot on the trail to stardom [ARTICLE+ILLUSTRATION]

Page 39

Hanafi is hot on the trail to stardom PETER SIOW HANAFI HARIS By A RELATIVELY unknown student covered himself m glory on Thursday evening when he almost singlehandedly spiked the guns of newly-crowned Premier League champions Geylang International m the third round of the President's Cup soccer tournament. Unknown? Not

Jurong win [ARTICLE]

Page 39

Jurong win JURONG Secondary beat Raffles Institution 86-41 m a Schools National basketball B boys tie at Jurong yesterday. Other results: Girls' C: AHS 32 AND TSS 6; ZHS 28 NCH 19; RGS 26 MF 19: AI 26 MGS 16. Girls' B: WS 40 HY 28; NCH 35 CCH 19;

Liang-hsi leads by a stroke [ARTICLE]

Page 39

Liang-hsi leads by a stroke GOLF WORLDWIDE BANGKOK Chen Liang-hsi of Taiwan, fired a four-under-par 68 here yesterday to take a one-stroke lead at the halfway mark of the US$lOO,OOO ($200,000) Thai Open golf championship. The 29-year-old Taiwanese fired brdies on the third, sixth, eighth, 11th and 12th holes and

SCORES ROUND-UP [ARTICLE]

Page 39

SCORES ROUND-UP Polite Vedra US$l.25 million ($2.5 m) Players' hampions. Ip first-round (US, unless stated): 65 Mark M< -Cumber 66 Greg Norman (Aust), Curt Byrum 67 David Frost (SA), David Ogrin. Tom Kite, Frizzy Zoeller, John Mahaffey, Ed Fiori 68 Donnie Hammond, Mike Reid 69 Gil Morgan, Peier Jacobsen, Ben

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Page 33

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RACING

Three last-start winners should greet judge again [ARTICLE+ILLUSTRATION]

Page 34

Three last-start winners should greet judge again LIONEL LEE By our man on the track THESE horses have won or done well on a wet track. RACE 1: Exotical. RACE t: Gilgit, Lovencare. RACE 3: Dreamer, Gordon's Will, Ace Attack, Dollar Issue, Giant Hawk, Hollywood East. RACE 4: Cakrawala, Gold

What the tipsters say [ARTICLE]

Page 34

What the tipsters say RACE Lionel Laa Frederick Ouak Tan Thean Loon Martin Tay Danny Khoo 1 Street Wiaa 3 Ut-Up 1 Street Wise 1 street Wise 2 Exotical 1 2 Exotical 1 Street Wise 2 Exotical 8 Agadoo 1 Street Wise 4 Serom 8 Agadoo 5 Batu Karang 2

Today's Ipoh card [ARTICLE]

Page 34

Today's Ipoh card GOING FORECAST: GOOD ■MHHHi 1-45 CLASS 5 DIV B 1,200 m M .if tw 'Mm (Ratings: 56-37) WmMmkmUm (Stakes: $12,000) 1 9000T1 Street Wlae 57.5 (SS) ML-Bougoure 4 nzg +3.5. Showed three-figure dividends m six runs until last week when he started even money favourite; duly obliged

Ho's pair does smart trial in good going [ARTICLE+ILLUSTRATION]

Page 35

Ho's pair does smart trial in good going ON THE TRACK with LIONEL LEE _JPQH Trainer S.K. Ho's f^air of Return Of Spring and Aukendale drew attention to their chances m tomorrow's Race 3 with a "smart trial yesterday. After warming up on the sand, Return Of Spring (Yeap) and

Week's best showing [ARTICLE]

Page 35

Week's best showing TUESDAY (good going): Full Dose 43.1, Absolute Authority, Dollar Issue and Skybird 41 together, Baracus 38, Sound Of Sensation 111 41.4, Ground Swell 38.5, Highest Regards 40.2. WEDNESDAY (yielding): Nil. THURSDAY (yielding): Behind Close Door and CelesI tial Buoy 38.3 together, Supreme Picco 39.8, Venom 41.1, Wunderbar

Crusher scratched from International [ARTICLE]

Page 35

Crusher scratched from International JACK ELLIOTT By MELBOURNE New Zealand champion BoneI crusher has been scratched from the Asl million (about Ssl.s milI lion) Tancred International Stakes (2,400 m) at Rosehill today and will not race again until next Spring. Trainer Frank Richie said that the gelding did not please

Leading jockeys [ARTICLE]

Page 35

Leading jockeys Rides 1st 2nd 3rd 1 Lucas 48 15 II 6 2 Khoo 69 It 3 II 3 Oo 68 8 5 5 4 Ow Yang 29 8 2 3 5 Leong 52 7 5 6 S Marzukl 51 6 6 6 7 Ismadi 46 S 4 3 8

Leading trainers [ARTICLE]

Page 35

Leading trainers Ist 2nd 3rd Thwaites 19 6 7 Teh 14 13 9 X Chong 11 14 8 Shanmngam 11 9 6 Read 11 6 8 lim 8 9 14 Phnn 7 2 1 Bongoure 6 7 1 SK Ho 6 4 9 Chna 5 8 4 PK Leong 5

Wellington has run his last [ARTICLE+ILLUSTRATION]

Page 35

Wellington has run his last WELLINGTON HAMMER, one of the elite few to win more than 10 races, has been retired. The Imperial Seal sev-en-year-old is among four Class 1 horses recently deleted. Others are Pleasant Surprise HI, She's A Lady HI and Hi-Tech Leader. Wellington Hammer chalked up his

Leading owners [ARTICLE]

Page 35

Leading owners Ist 2nd 3rd Auric 11 4 3 Rich Glamorous 5 5 5 Danny 3 4 1 JA 3 2 3 Goodman 3 12 Shanmagam 3 11 Night Rose 3 10 Richard Schraaf 3 0 0 Santaray 3 0 0 Saratoga 3 0 0 Teng Sian 3 0 0

Tomorrow's card [ARTICLE]

Page 35

Tomorrow's card V"Vf"PMi 130 MARA CLASS 1 l)3> 1,600 m 1 1121 Jambeau 78.5 Penang Polo Club Woodworth 2 4714 Star-Maker 75.5 Iskandar Polo Club HW Oh 3 2455 Folk Glen 73 Kedah Gymkhana Club Nelson Ng 4 1084 Billy Brown 79 Bukit Timah Saddle Club TSTan 5 956 Be

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Page 34

CONFUCIANISM FOR SINGAPORE CONFUCIAN ETHICS TODAY The Singapore Challenge by Tv Wei-ming This book consists a series of seminar and lecture papers given by Dr Tv Wei-ming when he was invited by the Singapore Government to draw up a conceptual framework for Confucian Ethics Syllabus m 1982. The papers m

OBITUARIES

321 Deaths 321 Deaths 321 Deaths 321 Deaths [OBITUARY+ILLUSTRATION]

Page 35

321 Deaths 321 Deaths 321 Deaths 321 Deaths HO HEE CHAN Age: 68 called home to be with the Lord on 25 March 1988, leaving behind beloved: WIFE: Hoon Kirn Wah SONS: DAUGHTER-IN-LAW: Ho Chwee Slong Ho Swee Fook Lee Guat Chye DAUGHTERS: SON-IN-LAW: Ho Mian Lian Ho Al Llan

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Page 35

"In Memoriam": is for the loved. ones whom you remember More obituary announcements on page 38

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Page 37

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Furniture Trade Centre Today Tomorrow Ov/r A\ OC IO Consists of 3 seater 2 armchairs yS y RRV^^^§ f 9^//7fl V— r*f |1N f w*SB& (3+l +1) BSrHKjTrrSQ^TIO CCTC o«, gnefs K °P f. Of\o Consists of j ,v A Wrt $7i\kf\ 1 5n Bed. iifU l^Hi Wardrobe. \S/LO^3lM StiX

OBITUARIES

323 Condolences 323 Condolences 323 Condolences [OBITUARY]

Page 38

323 Condolences 323 Condolences 323 Condolences WITH DEEPEST SYMPATHIES AND CONDOLENCES TO THE FAMILY OF LATE: RICHARD CHAN TECK HON FROM THE MANAGEMENT STAFF OF IBM SINGAPORE PRIVATE LIMITED.

323 Condolences [OBITUARY+ILLUSTRATION]

Page 38

323 Condolences Deapeat sympathies condolences to the family of the late MATTHEW TAN SENG TONG From: Management Staff of GOWELL PROPERTIES Deepest Sympathies ft Condolences to our DIRECTOR, CAPT. CHRIS YEO S.S on the demise of his beloved FatherMR. YEO CHOW HOON on 24.3.88. FROM: MR P.C. HO (DIRECTOR) STAFF

322 Acknowledgements [OBITUARY+ILLUSTRATION]

Page 38

322 Acknowledgements The Family of the late MR. TAN YONG PENG Departed: 19/03/88 with to thank their relative*, friends, pastors and members of St. Andrew's Cathedral and Prinsep St. Presbyterian Church for their assistance, attendance, prayers, condolences and donations during their recent bereavement. THE FAMILY OF THE LATI MR. TEO

324 In Memoriam 324 In Memoriam [OBITUARY+ILLUSTRATION]

Page 38

324 In Memoriam 324 In Memoriam SARDAR KEHAR SINGH Age 80 years Pensioner, General Post Office Departed Ist October 1967 Path-da-Bhog on Sunday 27th March 1988 from 10 a.m. to 11 a.m. CENTRAL SIKH TEMPLE TOWNER ROAD SINGAPORE IN LOVING MEMORY OF OUR BELOVED JUNE UNO A year has pasted

325 Requiems [OBITUARY+ILLUSTRATION]

Page 38

325 Requiems ATHMA SANTHI POOJA MDM. R. KRIBHNAMAH DEPARTED ON 11/03/88 All relatives and friends are requested to attend 'Athma Santhi Pooja' at Slvan Temple Serangoon Road on 26/03/88, today at 7.00 p.m. Pleat* treat this as a personal invitation. The family wishes to express their grateful thanks to relatives,

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Page 38

ACCEPTANCE OF OBITUARY ANNOUNCEMENTS 9 a.m. to midnight For booking enquiries, call 737-1166: Mon-Frt 9 am to 5 p.m. Sat 9 a.m. to 2 p.m. call 737-0011 ext 5269: After office hours and on Sundays/ Holidays More obituary announcements on page 35 326 Funeral Directors/ 326 Funeral Directors/ 326 Funeral

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MDM AW EER Age: 76 passed away peacefully on 24th March 1988 leaving behind beloved:HUSBAND: Soh Kirn Peaw Sons Daughters-in-law Grandchildren Grandchildren Soh York Beng, Kenneth Wong Fei Lie Soh Kinn Roo 0^ J m Soh York Gan, Bernard Ong Guat Ngoh Soh Kinn Khai CheongWeeYee Soh Beng Teck, Allan

Page 39 Miscellaneous

Page 39 Miscellaneous Column 1 [MISCELLANEOUS]

Page 39

ATHLETICS Third School Relays (National Stadium, 2pm). BASKETBALL Schools National IMv A Boys Girls quar-ter-finals (Jurong Sec Sch, 8.45 am). Inter-Con tournament: (Toa Payoh, 7.15pm). CRICKET MCA League: Sin gapore v Johore (SRC, 10.30 am). HOCKEY National InterSchools S "J-a-side hockey carnival (CSC IA pitches, 7.45 am). RUGBY Friendly: Blacks

3-year work permits for Malaysians with at least 5 0 -levels [ARTICLE]

Page 40

3 -year work permits for Malaysians with at least 5 0 -levels Aim to help bosses get better-qualified staff THE Labour Ministry will allow Malaysians with at least five GCE O-level passes to apply straightaway for a longer-term work permit valid for three years. The change is expected to make

Soviets clamp down on protests but act to placate Armenians [ARTICLE]

Page 40

Soviets clamp down on protests but act to placate Armenians MOSCOW Soviet authorities have moved m soldiers to keep public order m the Armenian capital of Yerevan while extending an olive branch to Armenians by promising to develop the disputed region of Nagorno Karabakh. Local dissidents told reporters by telephone

13 hunger strikers held [ARTICLE]

Page 40

13 hunger strikers held NEW DELHI Indian police arrested 13 Tibetans staging an open-air hunger strike outside the United Nations headquarters m New Delhi yesterday. The hunger-strikers, including a monk and four women, began their strike nine days ago to urge UN action to secure the release of Tibetans imprisoned

3 murders discovered within 24 hours [ARTICLE+ILLUSTRATION]

Page 40

3 murders discovered within 24 hours FOO SIANG LUEN Waitress stabbed, smashed by dumb-bell; lorry driver stabbed; Thai worker bludgeoned By THREE separate murders were committed within hours of each other, beginning from Thursday night. One victim was a 30-year-old nightclub waitress who was stabbed m the head and hit

White House wants Congress to pass new aid for Contras [ARTICLE]

Page 40

White House wants Congress to pass new aid for Contras Assistance to ensure Nicaragua govt observes ceasefire pact WASHINGTON The Reagan administration says it wants new aid for Contra freedom fighters m Nicaragua to ensure the authorities there comply with a ceasefire starting next week. Administration officials said they welcomed

Inquiry and a UN observer force sought [ARTICLE]

Page 40

Inquiry and a UN observer force sought Meanwhile, m THE HAGUE, the International Court of Justice said on Thursday Nicaragua has asked for an inquiry into alleged Honduran armed incursions into Sandinista territory and for a United Nations observer force to monitor the border between the two countries. Some 3,200

France frees bombing suspect [ARTICLE]

Page 40

France frees bombing suspect PARIS France has released Mohammed Mouhajer, a Frenchman of Lebanese origin, arrested a year ago m connection with a deadly wave of Paris bombings, reliable sources said yesterday. French authorities said they lacked evidence to convict Mouhajer, who was freed on Thursday. But they retained the

13 killed in boat crash [ARTICLE]

Page 40

13 killed in boat crash BEIJING Thirteen people have died m a boat accident m southern China, the Yunnan Daily newspaper said. The crash on the Lanchangjiang river m southern Yunnan province on Feb 28 was due to the inexperience of the boat's captain, who had no navigation permit, it

Dow Jones [ARTICLE]

Page 40

Dow Jones NEW YORK The DowJones average of 30 industrials slipped 0.33 to 2,023.54 in the first hour of trading on the New York Stoifc Exchange yesterday. AP

Ban on volcanic rock imports takes effect [ARTICLE+ILLUSTRATION]

Page 40

Ban on volcanic rock imports takes effect THE ban on the import of volcanic rock aggregates a mixture of stones and gravel used for making concrete for construction took effect yesterday. Penalties for offenders include a fine not exceeding three times the value of the goods or $10,000, whichever is

'Dissolving cheques' scam costs US banks thousands [ARTICLE]

Page 40

'Dissolving cheques' scam costs US banks thousands CHICAGO US banks are losing tens of thousands of dollars as shysters cash dissolving cheques, police have warned. "The one m front of me looks like a handful of ashes," said Chicago police Captain James Zurawski. The police say banks m at least

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W N* TABRIZ ORIENTAL CARPET AUCTION 1-| SUPERB VILLAGE RUGS SILKS |_i 27th March, 1988 Hyatt Hotel Magnolia Room Viewing: 10am to lpm Auction: 2pm sharp Over 1 20 workshop and tribal rugs and carpets from Persia, Afghanistan and Pakistan will be sold at exceptional bargains. For further information call

Page 40 Miscellaneous

Page 40 Miscellaneous Column 1 [MISCELLANEOUS]

Page 40

Weather Cloudy with showers over many areas m the afternoon. TEMP. (C) up to 6 a.m. tomorrow: 31 max., 25 mm SUNSET today: 7.13 pm; SUNRISE tomorrow: 7.06 am. GLOBAL WE AMR Adelaide 22 32 C Cloudy Los Angeles 13 22 C Clear Amsterdam 510 C Rain Madrid 5 21

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Page 2

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Page 4

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Page 4

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Page 5

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Page 5

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Page 5 Miscellaneous

Page 5 Miscellaneous Column 1 [MISCELLANEOUS]

Page 5

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Page 6

2 Eating Out SLOANE COURT HOTEL. Large Tiger Draught Beer $4.50++. Set lunch $5.90+ Steaks, Chops Oxtail Stew at reasonable prices. Rooms dally from $45 upwards. Free parking. 17 Balmoral Rd., Spore 1025. Tel: *****11. QUEEN'S HOTEL COFFEE House serves Candlelight dinner every night. Also daily set lunch/ dinner only