The Straits Times : Weekly Overseas Edition, 6 February 1988
1988-02-06
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/stoverseas
The Straits Times : Weekly Overseas Edition
-
Title Section19 1988-02-06 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, FEBRUARY 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 222/8/8719 words
-
Article, Illustration195 1988-02-06 1 Govt won’t appeal against ruling, he says KUALA LUMPIJR Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that the High Court ruling declaring Umno an “illegal society” has no effect on his administration and he would remain in office. “The Prime Minister195 words
-
Article, Illustration742 1988-02-06 1 Court ruling may mean re-registration-of 8,000 branches and fresh party polls AFP, Bemama, UPI. KUALA LUMPUR THE HIGH COURT has ruled that the United Malays National Organisation is an “illegal society”, effectively nullifying party polls held last April. The ruling on Thursday ended a legal battleAFP,; Bemama,; UPI. - 742 words
-
Article, Illustration627 1988-02-06 1 KUALA LUMPUR FORMER Malaysian Chinese Association president Tan Koon Swan, released from Singapore’s Changl Prison less than six weeks ago, was back behind bars on Thursday night after he was sentenced by a Sessions Court here to 36 months’Bernama Picture. - 627 words
-
616 1988-02-06 1 MORE than 4,500 union members yesterday staged a demonstration to protest against the United States decision to withdraw trade benefits from Singapore. Carrying banners and placards, the unionists condemned Washington's move last Friday to drop Singapore. along with Taiwan, Hongkong616 words
-
Page 1 Advertisements
-
Advertisement75 1988-02-06 1 INSIDE HOME NEWS Journey of hope ends in death for 7 Singaporeans PAGE 2 Health Ministry warns women on perils of skin-peeling treatment PAGE 7 ACROSS THE CAUSEWAY/ ASEAN DAP starts drive to free ISA detainees PAGES COMMENT/ Perspective How can reporters do a good job if officials won’ talk?75 words
-
Advertisement14 1988-02-06 1 Cardinal Sin shuts down Red-infiltrated social action wing of Catholic Church SEE PAGE 1014 words
-
-
HOME
-
Article, Illustration1121 1988-02-06 2 GILLIAN POW CHONG - Fatal transplants in China for kidney patients By GILLIAN POW CHONG A JOURNEY of hope ended in death for at least seven Singaporeans who recently turned to China for kidney transplants. The kidney sufferers, aged between 25 and 58, died during1,121 words
-
Article834 1988-02-06 2 One by one our friends died woman who changed her mind about having a transplant tells of her weeks of agony 4 INITIALLY, I didn't want to go to China, but my friend’s sister persuaded me to go. The hat was passed around at my company and834 words
-
Article, Illustration679 1988-02-06 3 Manufacturers urged to work harder to soften blow of US withdrawal of GSP status THE Government has expressed deep disappointment over the decision by the United States administration to withdraw duty-free benefits from Singapore from January679 words
-
376 1988-02-06 3 SALIM OSMAN - By SALIM OSMAN THE Tamil Muslim community is appealing to the Government to review the proposed Team MP legislation. Its members fear that the two Bills now before a Parliamentary Select Committee could result in a schism among Muslims376 words
-
394 1988-02-06 3 forces," he added. Berna ma. FOREIGN Affairs Minister S. Dhanabalan has stressed that the Republic will not do anything that will threaten Malaysia’s security, nor would it allow anyone to use Singapore to undermine such security. Mr Dhanabalan, speaking toforces," he added. Berna ma. - 394 words
-
245 1988-02-06 3 TAN EE SZE - By TAN EE SZE NEW Singapore citizens will now receive their citizenship certificates with some pomp and ceremony presided over by a VIP. The first such ceremony was held last Monday wnen the Minister for Home Affairs and Second Minister for245 words
-
278 1988-02-06 3 SHOPS In all Maas Rapid Transit stations will pay only half their rent for the next three months. Singapore MRT, operator of the railway, gave them this reprieve In response to an appeal by Orchard station shop-owners to help them Ode over poor business,278 words
-
Article, Illustration421 1988-02-06 4 HARISH MEHTA - By HARISH MEHTA THE A-4 S-1 Soper Skyhawk of the Singapore Aircraft Industries did Singapore proud during Aslan Aerospace *BB, finding its place among the powerful fighter jets and planes on display The Skyhawk, which made Its flying dehut at the421 words
-
427 1988-02-06 4 CATHERINE C. ONG - By CATHERINE C. ONG THE Government will get a minimum income of nearly $lOO million, up 40 per cent, from sales of du-ty-free liquor and tobacco at Changi airport from lyThis was the amount guaranteed in a tender427 words
-
98 1988-02-06 4 HEARING Into a charge of Insider trading against businessman Allan Ng Poh Meng has been adjourned for another three weeks. The adjournment was granted by District Judge Llew Thiam Leng last Friday to allow the defence to finalise arrangements for98 words
-
Article, Illustration600 1988-02-06 4 ACTING Deputy Police Superintendent Gurdev Singh Gill was yesterday cleared of a charge of attempting to rape a woman corporal in his Tanglin police station office. The High Court, which heard the case, dismissed the woman's evidence as “inherently incredible” and600 words
-
368 1988-02-06 4 WHEN two men decided to use a Housing Board lift as a toilet recently, they never expected to find themselves on candid camera. They were captured in action on video, which had been installed with a urine detector in an HDB block under368 words
-
Article, Illustration291 1988-02-06 5 THIS impressive mythological beast is officially exactly 136.84 m long and will try for a world crown. If it climbed up the building in which it now sits the world’s tallest hotel, Westin Stamford it could stretch about three-fifths the• Picture by YAP YEW PIANG - 291 words
-
155 1988-02-06 5 WORK will begin soon at Sentosa on a $3O million project to turn a three-km beach into one of the region’s best. Trade and Industry Minister Brigadier-General (Res) Lee Hsien Loong said in a written reply to a parliamentary question from Dr155 words
-
515 1988-02-06 5 GENEIEVE KWEK - By GENEIEVE KWEK THE Ministry of labour is not in favour of a minimum wage for foreign maids or other types of workers because Singapore’s philosophy has always been to allow free market forces to determine such issues. There was a recent515 words
-
229 1988-02-06 5 F*OLICE have arrested two sisters and a brother for allegedly causing the death of their 57-year-old mother during an exorcism ritual last year. Madam Soh Suan Cheo died of extensive severe bums in her flat in Block 33, Bedok South Avenue 2,229 words
-
226 1988-02-06 5 Yang Razali Kaaaim - By Yang Razali Kaaaim Jakarta Correspondent MEDAN Foreign Minister S. Dhanabalan ended a five-day official visit to Indonesia with this message for Singaporeans: Don’t judge our neighbours by Singapore’s own standards. Tty to understand them and appreciate their problems. The Foreign Minister told the226 words
-
Article, Illustration655 1988-02-06 6 SUMIKO TAN - Tiong Bahru MRT station to be site of first air-raid shelter exercise tomorrow By SUMIKO TAN ABOUT 4,000 people will troop into an underground Mass Rapid Transit station for the first-ever air-raid shelter exercise at 9 am tomorrow. The drill will begin at the655 words
-
192 1988-02-06 6 AGAINST strong international competition, a private computer school here has clinched a deal with Oman to help it increase its pool of computer professionals. This may be the prelude to another contract in the Middle East as the Singapore school is also192 words
-
118 1988-02-06 6 SINGAPORE has swept the second Asian Freight Industry awards for Asia's best airport, seaport and air freight carrier. This is organised by Cargonews Asia Magazine, a Hongkong publication catering to freight professionals in South-east Asia. The Port of Singapore Authority (PSA) won118 words
-
Article45 1988-02-06 6 A LANCE-CORPORAI. was sent for trial in the High Court for allegedly murdering Staff Sergeant Daniel De Rozario in Mowbray Camp, Ulu Pandan, last July 17. Chia Chee Yeen, 19, allegedly committed the murder at the Provost Unit of the camp45 words
-
Article, Illustration477 1988-02-06 6 RECOMMENDATIONS by the Government Parliamentary Committee on Education on whether CPF should be used for tertiary education may be put before the Government in a month’s time. Committee chairman Dr Tan Cheng Bock, in a dialogue with polytechnic students,477 words
-
545 1988-02-06 7 Businessman accused of slaying woman clerk in club toilet THE thumb print of a businessman, accused of murder, was found on a tap in the toilet where the body of a woman clerk was found on Christmas eve three years ago, the545 words
-
Article, Illustration249 1988-02-06 7 Lee Eu Seng family puts a $300m tag on complex THE Paragon, the five-sto-rey shopping complex that stands out along the Orchard shopping belt with its white covered-up look, is on the market for 1300 million. Sources said the owners Paragon Properties Pte Ltd, a249 words
-
Article, Illustration463 1988-02-06 7 SKIN sad chemical peeling, facial treatments tasted by same besnty Miens an the answer te peckmarked skin, may lend te permanent seam ar dlscalanred skin dae te de-pigmentatien. This warning came from the Ministry at Health, which listed five health risks463 words
-
Article336 1988-02-06 7 SHELL estimates that it has lost 1.5 percentage points of its market share two days after its announcement that it was changing the formula of its controversial petrol. This loss works out to about 705,000 litres of petrol sales, or more than $600,000 a month.336 words
-
Article284 1988-02-06 7 MATHEW YAP - By MATHEW YAP THAT army camouflage uniform, popular among construction workers and teenagers seeking a “Rambo” image, can prove to be an expensive habit. The Defence Ministry says soldiers proudly wear the uniform because it identifies them as members of the Singapore Armed Forces, but284 words
-
-
Page 6 Miscellaneous
-
Miscellaneous39 1988-02-06 6 SUN TAN JUST LOOK AT THt MESS inw£A£ Always ih D£*T And Do Ye* Kno*/Tm€ CAuit r faL By Collette iNOIftABLf IAUNtSS! I THOUGHT Fo* A MOMENT iOU W£A.£ 60tNCT0 fttAME MS/ AM REAuifLADTo HEAA. 'iou SavThai 2 jimM39 words
-
-
across the CAUSEWAY
-
263 1988-02-06 8 Ringgit rates: Govt will not step in Daim Bernama PORT KLANU The government will not intervene in the current fluctuation of the ringgit, Finance Minister Datuk Paduka Daim Zainuddin said. “I am quite happy with the status of the ringgit now and we do not want to interfere," he toldBernama - 263 words
-
386 1988-02-06 8 Party chief seeks support of human rights groups abroad Reuter, UPI KUALA LUMPUR Acting leader of the opposition Democratic Action Party mounted an international campaign for the release of seven colleagues arrested under the Internal Security Act. Mr Lee said he had spentReuter,; UPI - 386 words
-
252 1988-02-06 8 NST. BIDOR (Perak) Doctors finishing their housemanship this year may find themselves unemployed and can only hope to get a job if a doctor in the medical service resigns or retires, Deputy Health Minister Datuk K. Pathmanaban said. This was because the– NST. - 252 words
-
Article, Illustration126 1988-02-06 8 KUALA LUMPUR The city’s mounted police, mo king Its first offlclnl round of duties »t crowd control during the ThAlpusnm festival in Batu Caves on Tuesday, had Its work abruptly cut short when a horse kicked a devotee. Malay Mall said the rlght-man mountedBernama picture. - 126 words
-
Article, Illustration302 1988-02-06 8 IPOH NST. DEMOCRATIC Action Party leader and lawyer Karpal Singh, detained under the Internal Security Act for two years, told the High Court on Thursday that his detention order was Invalid as the Home Affairs Ministry had conceded an oversight InNST. - 302 words
-
178 1988-02-06 8 AP, Bernama. KUALA LUMPUR Malaysia’s national car, Proton Saga, has made further inroads into the foreign markets with a first shipment of 100 units to Ireland on Friday last week, while exports to the United States will begin in October. The Saga, a productAP,; Bernama. - 178 words
-
268 1988-02-06 8 NST, Bernama. KUALA LUMPUR Malaysia plans to send a research expedition to the Antarctic some time in the near future, Prime Minister Datuk Seri Dr Mahathir Mohamad said this week. He said everyone had a right on the Antarctic although there were j some quarters– NST,; Bernama. - 268 words
-
441 1988-02-06 9 KUALA LUMPUR Reuter. SOARING prices for rubber and palm oil suggest Malaysia will record its highest growth rate for four years, analysts and economists say. “High commodity prices will help cushion the stock market crash and uncertainties in petroleum prices,” said UniversityReuter. - 441 words
-
185 1988-02-06 9 NST. KUALA LUMPUR Bank Negara has submitted its proposals to the Finance Ministry for a special revolving fund for ailing bumiputra companies, it was reliably learnt. A Finance Ministry spokesman confirmed this but declined to give details. “It is premature to discloseNST. - 185 words
-
154 1988-02-06 9 R. VASANTHI - By R. VASANTHI KUALA LUMPUR The Home Affairs Ministry is investigating reports that syndicates are using passports of dead people to bring foreigners into the country illegally. Deputy Home Affairs Minister Datuk Megat Junid Megat Ayob said this week he had received154 words
-
298 1988-02-06 9 Bernama KUALA LUMPUR Many Umno members are concerned only with short-term gains, without considering the consequences to the party, and they should be firmly opposed, the party’s official organ said. In its latest issue, Merdeka said many of Umno’s estimated 1.4Bernama - 298 words
-
157 1988-02-06 9 among Malaysians. Bernama, NST. NST. KUALA LUMPUR The Baba community yesterday feted former Finance Minister Tun Tan Siew Sin, a Baba, at a special traditional ceremony held at Putra World Trade Centre for being one of the outstanding statesmen in Malaysia. Heamong Malaysians. Bernama, NST.; NST. - 157 words
-
170 1988-02-06 9 NST KUALA LUMPUR Rubber magnate Teh Kim Seng, who was kidnapped by four men two weeks ago, was freed unharmed last Tuesday. Mr Teh was released in Sungai Besi. It is believed that a ransom was paid for his release. Police were kept in theNST - 170 words
-
Article, Illustration267 1988-02-06 9 NST KUALA LUMPUR The Home Affairs Ministry will place former Communist Party of Malaya (CPM) woman leader Shamsiah Pakeh under detention if she returns here. Deputy Home Affair.. Minister Datuk Megat Junid Megat Ayob said on Sunday that Shamsiah, now believed to be in Beijing,NST - 267 words
-
162 1988-02-06 9 Bernama KUALA LUMPUR Former Malaysian Chinese Association president Tan Koon Swan and his wife of 25 years. Madam Catherine Chong, have filed a joint divorce petition in the High Court here. The petition was filed on Tuesday by their lawyers, Shearn DelamoreBernama - 162 words
-
Article129 1988-02-06 9 Bernama KUALA LUMPUR Former Kuala Lumpur Stock Ex change chairman Tengkn Noone Aziz Tengku Mahamod was fined M 12.000 (5J1.580) or in default four months’ jail by the Sessions Court this week for acting as a company director after he w;ts made a bankrupt. Tengku Noone, ofBernama - 129 words
-
Article, Illustration242 1988-02-06 9 Beruaina. SKRDANG (Selangor) The Malaystao Army will try to achieve a three-to-one ratio of reoerve members to permanent personnel, Defence Minister Tengkn Ahmad Rlthanddeen said. He «aid the ratio for the ranks of officers could he achieved through the Reserve Officers Training IBeruaina. - 242 words
-
-
CAUSEWAY/ ASEAN
-
Article, Illustration315 1988-02-06 10 LUMUT (Perak) Bernama, AP THE government has accepted the view that the Malaysian navy needs submarines to provide more effective protection of the country's territorial waters. Defence Forces Chief Gen Tan Sri Hashim Ali said here thus week. The government would provideBernama,; AP - 315 words
-
154 1988-02-06 10 Bemama KUALA LUMPUR Should Muslims use al-cohol-based perfume 7 Minister in the Prime Minister's Department, Datuk Dr Yusof Noor, has asked the National Fatwa Council to study the Islamic laws regarding the use of such perfume. He said the committee would beBemama - 154 words
-
279 1988-02-06 10 Bemama KOTA KINABALU The Syariah Court on Thursday acquitted former Sabah Assistant Social Services Minister Adib Besar Sigoh of having zina (illicit sex) with a 20-year-old girl. Court judge Ahmad Lakim said the prosecution had failed to prove beyond a reasonable doubtBemama - 279 words
-
151 1988-02-06 10 fire, killing the three. Bernama. KOTA KINABALU Police shot dead three men in Tawau on Wednesday, apparently before they could rob a supermarket. The incident took place at 8 pm near Bintang supermarket, located at Jalan Apas. Police recovered a Smith and Wesson .38,fire, killing the three. Bernama. - 151 words
-
Article, Illustration649 1988-02-06 10 ABBY TAN - By ABBY TAN Manila Correspondent MANILA The Philippine Roman Catholic Church has dissolved its social action group after it was found to have been infiltrated by leftist elements who channelled funds to the insurgents. Cardinal Jaime Sin. the country’s leading churchman, announced649 words
-
184 1988-02-06 10 Reuter. JAKARTA Indonesia, Asia's leading debtor, has rejected the idea of reorganising its mounting overseas debt by taking out new loans on better terms to repay old ones. “The government will ust‘ foreign debts only for financing development projects, and theReuter. - 184 words
-
393 1988-02-06 10 AFP, Reuter, AP. MANILA The government has announced the capture of St ranking members of the outlawed Philippine Communist Party and its armed wing, the New People’s Army. Armed forces chief General Rena to de Villa said that Tomas Domlnado and NicolasAFP,; Reuter,; AP. - 393 words
-
-
FORUM
-
Article, Illustration919 1988-02-06 11 Of Derek Davies, charity and the Review EARLY last December the more literate villeins who sweat and toil within the walls of the FEER Manor in Hongkong brought out a publication in honour of Mr Derek Davis. It was reverentially919 words
-
140 1988-02-06 11 I AM appalled by Mr Derek Davies’ remarks about his donation to Mr Seah Chiang Nee’s heart transplant fund (ST, Jan 23). After Shakespeare’s lesson about Shyloek asking for his pound of flesh, I had hopes that such a person would never exist.140 words
-
Article254 1988-02-06 11 IN HIS letter (ST, Jan 27) Far Eastern Economic Review Editor Derek Davies said his South China Morning Post letter primarily questioned Mr Seah Chiang Nee’s assertion that a free press was a concept alien to Asia, particularly to Singapore, and tried to demolish254 words
-
-
Page 11 Advertisements
-
Advertisement91 1988-02-06 11 Dear Overseas Readers The Straits Times Weekly Overseas Edition welcomes letters from you. Your letters must include your signature, full name and address. They should preferably by typed, doublespaced, on one side of the paper. You may add a pseudonym if you wish, but we would prefer your using your91 words
-
Advertisement220 1988-02-06 11 St ?~n? s' Hi; h‘s Now, keeping in touch with what’s happening in Singapore couldn’t be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size, it fills you220 words
-
-
COMMENT/ Pick of the week’s editorials
-
Article646 1988-02-06 12 FEB 5. 1988 WITH Singaporeans still simmering over the arbitrary United States decision to eject Singa|>ore from its GSP programme, many are probably in the same mood as Chong Boon MB S Chandra Das. Singapore cannot take this “lying down," he said. Stern action is called646 words
-
Article605 1988-02-06 12 FEB 4. 1988 FOREIGN Minister S. Dhanabalan's recent injunction to Singaporeans do not judge your neighbours by Singapore’s standards ought perhaps to be stamped on the cover of every passport that is issued. Many Singaporeans bristle when, as sometimes happens, Westerners disparage or sneer at Singapore and605 words
-
Article640 1988-02-06 12 FEB 2. 1988 TALK about irony. For some time now, the Reagan Administration has been calling Democratic presidential hopeful, Congressman Richard Gephart, a protectionist because of his proposal to punish countries with large trade surpluses with the United States. Yet, Mr Gephart hits out only640 words
-
653 1988-02-06 12 Ning Juita - Ning Juita WRITING FROM KUALA LUMPUR WHEN two nations with a common history briefly merge and then go their separate ways, relations are bound to be delicate at times even precarious. It is a credit to both Singaporeans and Malaysians that the inevitable653 words
-
-
COMMENT/ Perspective
-
Article, Illustration1005 1988-02-06 13 LIAK TENG KIAT - By LIAK TENG KIAT Listening to Dr Yeo Ning Hong in Parliament last week, I could not help but admire the way he demolished the pretensions of the Western media and their proclaimed devotion to principle. But admiration turned1,005 words
-
Article, Illustration643 1988-02-06 13 TAN SAI SIONG - Look Back In Wonder A personal view of the week’s news By TAN SAI SIONG CAN anyone who followed reports of the first People’s Action Party Convention since 1954 not be struck by the stark contrast between what preoccupied the first generation643 words
-
924 1988-02-06 14 ALAN HUBBARD: London - By ALAN HUBBARD: London THE much-maligned British press is rightly claiming responsibility for forcing the government here to finally address itself to two major issues an inquiry into army bullying and a review of the National Health Service. They are examples of924 words
-
Article538 1988-02-06 14 HUMOUR with MACAW IT WAS a rather remarkable performance by Alex the other day. Several matronly ladies in fact made certain remarks, which my lawyer is looking into. Meanwhile, let me describe Alex’s act. First, you could not see my 10-year-old nephew because of the538 words
-
Article, Illustration868 1988-02-06 14 PETER HAZELHURST - By PETER HAZELHURST Tokyo Correspondent ANEW generation of Japanese is being offered a disinfected view of the unsavoury parts of their history. In the latest attempt to whitewash the actions of Japanese troops fifty years ago, film segments868 words
-
-
Page 13 Miscellaneous
-
Miscellaneous15 1988-02-06 13 (olftle's lik srass® ts &E&T' 1 =2 n' tl o c 2 —i I nrj15 words
-
-
TIME$
-
651 1988-02-06 15 Up to government to decide, says UE Malaysia KUALA LUMPUR MBT, Bemama THE deadline for the signing of the North-South Highway concession agreement between the government and United Engineers (Malaysia) (UEM) is Feb 27. However, it is extendable at the option of the government,MBT,; Bemama - 651 words
-
Article, Illustration252 1988-02-06 15 BUSINESSMAN Allan Ng Poh Meng will be resigning from the board of First Capital Corporation. In a statement, the prop-erty-based company said it had been notified of Mr Ng’s intention to quit the board at its forthcoming annual general meeting. First252 words
-
Article109 1988-02-06 15 TIN mining conglomerate Malaysia Mining Corporation Bhd has denied reports that it is increasing its stake in plantation giant Sime Darby from 15.3 per cent to more than 20 per cent. It was queried by the Kuala Lumpur Stock Exchange specifically on a Malaysian Business109 words
-
354 1988-02-06 15 IT APPEARS that former chief executive Edward Goh has won the first round of the boardroom tussle at can-manufacturer Malaya Tin Printing. The company announced on Thursday the resignation of executive chairman Robert Tan Poh Seng, executive vice-chairman Chan Chee Seng354 words
-
Article, Illustration472 1988-02-06 15 EDMUND LOH - By EDMUND LOH MR GOPINATH Pillai has resigned as acting chairman and managing director of Ambassador Holdings Ltd and joined Kentucky Fried Chicken (S) as executive director. In a statement this week. Ambassador said it accepted the "resignation with regret" and472 words
-
413 1988-02-06 15 NEPTUNE Orient Lines’ rights issue was 2.6 per cent oversubscribed. The 1-for-l rights issue at $1.05 per share, which comes with one transferable subscription right (TSR) for each rights share, closed on Tuesday. It attracted acceptances for 160.243 million new shares, representing about 94.63 per413 words
-
132 1988-02-06 15 DBS Finance and its subsidiary Great Pacific Finance have cut their fixed deposit rates for the second time within a month. From Feb 1, they will pay 2.75 per cent a year for fixed deposits of one to three months, a drop of 0.25132 words
-
Article3053 1988-02-06 16 Friday, Feb 5, IMB 1987/M Last Yield Vol Day High Low Company Sale Change 000) High Low SECTION ONE IOUS TRIALS l COMMERCIAL 275 80 Acma ill 4 09 13 1 14 111 ADEF A 1005 1005 ADEF B 1005 96 26 Alcom 503,053 words
-
398 1988-02-06 16 THE Singapore stock market, already sluggish as it was (or the last few weeks as investors continued to wait on the sidelines, wasn’t helped at all yesterday by the shock news from across the Causeway that the High Court had ruled that398 words
-
204 1988-02-06 16 IN KUALA LUMPUR, share prices weakened further yesterday in comparatively heavy business volume with blue chips and higher-priced issues leading the losers. Singapore-based counters bore the brunt of selling as well to close with double-digit retreats. The market suffered the fourth consecutive204 words
-
Article42 1988-02-06 16 HONGKONG share prices closed marginally lower yesterday and turnover shrank to an eight-month low in overwhelmingly bearish sentiment. The Hang Seng Index closed down 2.72 points to 2,292.59, with a total turnover of HK3416.24 million against Thursday's 521.73 million.42 words
-
308 1988-02-06 17 RETAILER Robinson and Company Ltd has posted a creditable 48 per cent increase in interim group pre-tax profit and is confident that its performance for the year to end-June will be better than the last year’s. For the six months to end-December, group308 words
-
424 1988-02-06 17 WHILE its Singaporebased sister company, Rothmans Industries, is expecting another difficult year, cash-rich Rothmans of Pall Mall (Malaysia) Bhd returned an impressive M 570.37 million (5555.5 million) in group pre-tax profit for the six months ended Dec 31. The profit, 40 per cent424 words
-
Article107 1988-02-06 17 KHONG GUAN Flour Mill ing Ltd has reported dismal interim figures, but directors assure shareholders that better results are expected for the second half-year despite difficult trading conditions. Group pre-tax profit for the six months to end-Oc-tober last year was sliced to just $93,000, a107 words
-
Article394 1988-02-06 17 trt b mi Clunff Assoc InM Hotels 220 0 15 Bonk Of Fost Asia 19 40 0 3 Capitol Corp 0 72 001 Cathoy Pacific An S 80 005 Cheung Kong China l ight 6 40 1790 0 05 0 1 City Resources 1 04 O0I Cross Hart) funnel394 words
-
Article251 1988-02-06 17 Interbank Over the counter foreign Local dolars to Foreign currency currency one nit of foreign currency to SS10 Australian dollar 1 4337-1 4364 7 06—6 88 Canadian dollar 1 5865-1 5885 6 35-6 75 N7 dollar 1 3439—1.3466 7 57-7 35 Sterling pound 3 5550-3 5588251 words
-
255 1988-02-06 17 TWO associated companies of listed MBf Holdings have won a US$lO million (5520.24 million) arbitration award against Carte Blanche International (CBI), a subsidiary of Citicorp which runs the worldwide operation for the Carte Blanche credit card. Carte Blanche (Singapore) Pte Ltd255 words
-
Article297 1988-02-06 17 Managers’ prices lor February 6 A 8 Singapore Unit Trust 11* Commute 0 90 0 96 The Savings fund 0 78 -0 83 Spore Prog fund 0 36 —0 40 Spore Sec fund 060 066 Spore Invest fund 0 64 0 69 Spore Iquity fund Asia Unit Trust297 words
-
Article, Illustration742 1988-02-06 18 Bernama BANK Negara Malaysia has unveiled its MsB93 million rescue plan to help the remaining 13 beleaguered deposit-taking cooperatives (DTCs) and their 271,000 depositors. The long-awaited plans announced by Central Bank governor Tan Sri Jaffar Hussein include the acquisition ofBernama - 742 words
-
438 1988-02-06 18 CONRAD RAJ - By CONRAD RAJ PROPERTY developer and civil contractor Lum Chang Holdings has agreed to buy the stockbroking licence of City Securities, which is now in liquidation. The listed company said a conditional agreement was entered into yesterday with City’s liquidators,438 words
-
Article, Illustration594 1988-02-06 18 LOH HUI YIN - By LOH HUI YIN capacity. Business Times POPIAH-SKIN maker Tee Yih Jia is now the proud owner of a well-established American food manufacturer after paying $l5 million for it, the company's first overseas acquisition. A Tee Yih Jia company spokesman disclosedcapacity. Business Times - 594 words
-
360 1988-02-06 18 MR MASAMICHI Yazawa, whose fried chicken business bearing his name was recently ordered to be wound up, now has to contend with a bankruptcy petition filed against him by creditor American Express Bank. The 39-year-old former managing director of Kentucky Fried Chicken (S) Ltd, who360 words
-
Article, Illustration263 1988-02-06 18 KUALA LUMPUR Bernama. MALAYSIAN Deputy Agriculture Minister Datuk Alex Lee has obtained unconditional leave from the High Court here to defend a MSI 96 million (551.54 million) suit filed against him by the Bank of America National Trust and Savings Association. JusticeBernama. - 263 words
-
Article, Illustration647 1988-02-06 19 ANNE KOH - Two top American companies expand operations here By ANNE KOH The American Telephone and Telegraph Company (AT&T) is proceeding to increase its investment here by another $5O million despite last week’s decision by the United States administration to withdraw duty-free benefits from647 words
-
Article312 1988-02-06 19 and AMP puts in another $45m THE world's largest maker of electrical and electronic connectors, AMP, has opened a second plant here, despite the difficulty of getting workers. The American multinational announced this week that a total of $45 million will be spent on the new highly-automated plant, which is312 words
-
133 1988-02-06 19 A LEGAL suit filed against Jurong Shipyard Ltd In 1983 (or damage to a vessel was discontinued last December, after the company settled the claims for $599,999 without admitting liability. JSL informed the Stock Exchange of Singapore of the development In a statement this133 words
-
Article114 1988-02-06 19 MBT KUAIJV LUMPUR Selangor Properties' group pre-tax prof it was trimmed to Ms 6 553 million (Sss 17 million) for the year ended last Oct 31 from Msl6 697 million the year before This was due largely to the general decline in rental rates andMBT - 114 words
-
Article424 1988-02-06 19 SINGAPORE Press Holdings, which increased its pre-tax profit by 33.8 per cent to $135.7 million in the year ended last August, is poised to perform even better this year. It earned more in the first three months of the current financial year than in424 words
-
687 1988-02-06 19 EDMUND LOH - By EDMUND LOH WHETHER Faber Merlin Malaysia Bhd will continue as a going concern depends on it getting continued support from its creditors and additional financial facilities and returning to profitability, the hotel and property group’s auditors said. In the687 words
-
-
Page 20 Advertisements
-
Advertisement761 1988-02-06 20 APPOINTMENTS Our client is a large MNC engaged in the production of technically sophisticated electronic products. Owing to phenomenal expansion it now wishes to fill the following executive positions: MANAGER/ SENIOR MANAGER Equipment Maintenance Ref No 2008 Duties: Design, implement mid m.m.ige an effective maintenance program me including organising work761 words
-
-
Page 21 Advertisements
-
Advertisement1108 1988-02-06 21 0 HITACHI Hitachi Electronic Devices (S) Pte. Ltd. Develop your eareer where it counts most. Hitachi Electronic Devices. Leaders in the manufacturer of high-technology Colour Picture Tubes. Analyst /Programmers Diploma in C omputer Studies or any numeric discipline Experience with on-line database systems will be an advantage Able to communicate1,108 words
-
-
Page 22 Advertisements
-
Advertisement1004 1988-02-06 22 MCS 502 P Accountant (Compensation, negotiable and attractive) Our client, a well-established public company with diversified interests, needs a young Accountant to assist its growing Accounts Department. Reporting to the Financial Controller, the successful candidate will be responsible for assisting in the full spectrum of finance and accounting functions in1,004 words
-
-
TIMESPORT
-
Article, Illustration415 1988-02-06 23 ALBERT JOHNSON - By ALBERT JOHNSON TWO years ago it was elder brother Oon Jin Teik who created waves when the United States-based swimmer won the Western Athletic Conference scholar-athlete award for outstanding academic and sporting achievements. Now younger brother Jin Gee has joined the elite ranks415 words
-
Article, Illustration291 1988-02-06 23 LEE WAI WUN - By LEE WAI WUN WATER ski training is now allowed on the Kallang River. This means that competitive skiers, who have had to put up with unsuitable conditions at Punggol for more than a decade, now have a permanent and suitable291 words
-
245 1988-02-06 23 Racing Editor’s 9-in-a-row among 18 winners THE jut-ended race meeting at Bnldt Tlmah wu the beet-ever for Straits Times Racing Editor Roger Yne. Of the 31 races held there on the four days, he picked 18 winners. This Included a winning streak of nine. On the second day, after being245 words
-
Article, Illustration523 1988-02-06 23 J. RAJENDRAN - KONICA BADMINTON By J. RAJENDRAN MISBUN SIDEK, the eccentric genius of Malaysian badminton, fell victim to his own erratic form and crashed out of the Konica Cup at the Singapore Badminton Hall on Thursday night. The Konica Cup men’s singles defending champion was523 words
-
133 1988-02-06 23 JOE DORAI - JOE DORAI SINGAPORE Mccer striker V. Sondremoorthy turned match-winner for Swiss elnb PC Basle in their third pre-seasan tone-op match against Darmstadt, of West Germany, which Basle won 2-1 on homegroond. He scored the winner five minntes from time with a 21-metre scorcher after133 words
-
-
156 1988-02-06 24 THE Mass Rapid Transit system will be officially opened by the Prime Minister in a ceremony at Raffles City on March 12 that will also mark the extension of the system from Outram Park to Gementi. Minister for Communications and Information156 words
-
459 1988-02-06 24 Younger leaders must remain open to new ideas PM YOUNGER ministers must remain open to new ideas and not become in-bred if they want to stay on top of the opposition, according to Mr Lee Kuan Yew. He said they must continue to draw on the talent, energy and ideas459 words
-
Page 24 Advertisements
-
Advertisement6 1988-02-06 24 Nikon Tha World't Finaat Photographic Syatam6 words
-