The Straits Times : Weekly Overseas Edition, 5 November 1988

Microfilm: NL19560
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
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  • Title Section
    Masthead
    20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, NOVEMBER 5, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 12/8/88
    20 words
  • Article, Illustration
    Productivity crucial to our future, says PM
    1177 1 It will determine the kind of society Singapore will become PRODUCTIVITY will be the crucial factor determining Singapore's future, Prime Minister Kuan Yew said this week. The kind of society Singapore will become depends on growth in productivity. If the Republic succeeds in
    1,177 words
  • Article, Illustration
    Lock icon Baby Tasneem gets life-saving liver
    625 1  -  By ALAN HUBBARD: London AN 11-MONTH-OLD baby girl became the first Singaporean infant to successfully undergo a liver transplant at a Cambridge hospital here last Sunday morning. Tasneem Babu received the liver of a 10-month-old child who had died in a traffic accident the night
    File picture.  -  625 words
  • Article
    23 kilos of heroin seized in 3 hauls
    430 1 SINGAPORE Customs officers made their biggest heroin haul ever, seizing a total of 23 kg of the drug in a series of operations on Thursday. A report in The New Paper, the afternoon tabloid, said three separate seizures were made, all probably
    430 words
  • Article
    PM on visit to New Zealand
    52 1 CHRISTCHURCH Singapore Prime Minister Lee Kuan Yew arrived here on Wednesday for a six-dav visit to New Zealand. After a few days of sightseeing in South Island. Mr Lee and Mrs Lee and party will fly to Wellington to meet his host. Prime Minister
    52 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      7 1 Malays: What more needs doing? Pages 14-15
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      Page 1 Advertisements Column 2
      91 1 ‘Sdifofiaud s}i srcj (iufs.U(jmj\\ »U )l»0. u LOOTb !%E IE w HOME NEWS Singapore's first woman ambassador PAGE 3 Another 10pc swing would have paralysed Govt: Chok Tong PAGE 2 More people in $3.000-plus pay bracket PAGE 5 Workers get s3Bm seasisde holiday resort PAGE 6 Lawyer who overcharged suspended
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  • HOME
    • Article, Illustration
      Another 10pc swing would have paralysed Govt, says Chok Tong
      553 2 ONE minister and four ministers of state might have lost in last month’s general election if there had been an additional 111 per eent swing against the People’s Action Party, First Deputy Prime Minister (ioh Chok Tong said last Saturday.
      553 words
    • Article
      PAP Youth challenged to double membership
      373 2 THE People’s Action Party Youth Wing has been set a challenge to double its membership to 4,000 by next year. Said PAP Assistant Sec-retary-General Coh Chok Tong: ‘‘ln a short period of two years, you have grown to 2,000. I think it's a good
      373 words
    • Article
      Raja takes up post at S-E Asia Institute
      121 2 FORMER Senior Minister S. Rajaratnam, 73, has taken up a fellowship at the Institute of South-east Asian Studies as distinguished senior fellow. The institute said this position would "enable Mr Rajaratnam to contribute to the intellectual life of the institute as well
      121 words
    • Article, Illustration
      Let’s discuss, decide key issues – BG Lee
      422 2 Let’s discuss, decide key issues BG Lee Proposed national ideology SINGAPOREANS must now discuss and decide what key principles to include in the proposed national ideology, BrigadierGeneral (Res) I,ee Hsien Loong said. Although there are different value systems among the various races, this should not stop Singaporeans from attempting to
      422 words
    • Article
      Tourism boom continues
      135 2 THE number of tourist arrivals passed the threemillion mark in September and the indications are that Singapore’s target of four million visitors for this year would be reached probably next month. Disclosing this at a conference Mr Joseph Chew, executive director of the Singapore Tourist Promotion Board,
      135 words
    • Article, Illustration
      Dhana: Vast overseas market for HDB’s expertise
      477 2 THE Housing Board, with its vast pool of expertise in town planning and design accumulated over three decades, should be a springboard for Singapore to export these services abroad, Mr S. Dhanabalan said. There is a wide scope overseas as housing is a
      477 words
    • Article, Illustration
      Hey presto, the microwave oven heats up dinner by itself!
      447 3  -  Just a phone call to your empty home, and By GRACE CHNG FROM next year, Singaporeans ran phone their empty home to automatically "order” the microwave oven to heat the evening meal, or switch on the lights, air-conditioner or other
      447 words
    • Article
      Refinery blaze may cost insurers $10m-plus
      222 3 DAMAGE to the three naphtha tanks hit by fire at the Singapore Refining Company in Pulau Merlimau, plus loss of profits, is estimated to cost insurers more than $lO million. The entire refinery has been shut down since the fire started on Tuesday last
      222 words
    • Article, Illustration
      Prof Chan to take over from Mahbubani at United Nations
      298 3 Our first woman envoy SINGAPORE will have its first woman ambassador next year. She is Associate Professor Chan lleng Chee, currently director of the Institute of Policy Studies. According to reliable sources, Prof Chan will take over from Mr Kishore
      298 words
    • Article, Illustration
      Made-in-Singapore camera a big hit with Europeans
      312 3 A LOCAL company, Suntax Industries, recently discovered that good design pays. Its $20,000 investment in the designing of a camera with built-in flash has generated sales worth $2.5 million within six months. The customers were from Holland, West Germany, France, England, Spain and
      312 words
    • Article
      No Singaporeans hurt in Maldives coup bid fighting
      211 3 NO SINGAPOREANS were reported injured in the attempted coup in the Maldives. said a senior Singapore High Commission official in New Delhi yesterday. “We have been closely monitoring the situation but there have been no indications that Singaporeans were involved in any
      211 words
    • Article
      Telecoms’ $11m link-up
      77 3 TELECOMS is investing $ll million as its contribution towards the longest fibre optic submarine cable between the United States and Japan. Announcing this, Telecoms said the investment would allow it to plug into the line through other sub- marine cables which it had invested in. It added
      77 words
    • Article
      Record car sales, but dealers are unhappy
      522 4  -  By DOREEN SIOW PANIC-buying by motorists. amid talk of higher car taxes, pushed last month’s new car sales to 2,700 units a record high this year. But far from being pleased, this has upset motor traders who want a more stable market. Although
      522 words
    • Article
      Graduates with IT-related degrees in demand
      249 4 MORE employers are going for information technology (IT) professionals. In fact, over the next three years, three out of four prospective employers will he on the lookout for professionals with IT-relat-ed degrees or diplomas, according to a recent survey by the National Computer Board.
      249 words
    • Article, Illustration
      Court orders Lorrain to repay $2.5m loan
      356 4 THE High Court this week ruled that former Malaysian banker Lorrain Esme Osman has to repay with interest a US$l.2 million (Ss2.sm) loan given to him by a company in 1982. Ix>rrain, 57, former Bumiputra Malaysia Finance chairman, now in Britain fighting proceedings
      356 words
    • Article
      Jeya: I was wrongly convicted
      316 4 WORKERS' Party leader J. B. Jeyaretnam has contended that the Privy Council allowed his appeal against his disqualification as a lawyer because he was "wrongly convicted" of criminal offences in 1986. He told a press conference that his appeal was allowed a unanimous decision by
      316 words
    • Article
      Shakey’s to make S’pore comeback
      201 4 SHAKEY’S will be making a comeback to Singapore with a new concept of pizza buffet lunches and dinners when it opens its new outlets next year. Inno-Pacific Holdings Ltd, the international franchise holder for Shakey’s Pizza, said this in an interview with The Straits Times.
      201 words
    • Article, Illustration
      Taiwan forces chief gets top military award
      247 4 GENERAL Hau Pei-Tsun, Taiwan’s Chief of General Staff, was conferred Singapore’s highest militaryaward on Tuesday for his contribution in promoting good relations between Singapore and Taiwan. He received the Darjah Viama Rakti Chemerlang (Tentera) the Distinguished Service Order (Military) from President Wee Kim
      247 words
    • Article
      Thief took only $1,000 notes from handbag
      86 4 A WOMAN lost $7,000 all in $l,OOO notes while moving house. Miss Crystal Pauline t him, 28, had left her handbag in the living room of her llougang flat while labourers removed various household items to the delivery truck. She diseovered her loss
      86 words
    • Article
      More join $3,000-plusa-month income category
      711 5  - More join $3,000-plus-a-month income category Number quadrupled in four years By NARENDRA AGGARWAL MORE employed people in Singapore are enjoying good times. With the economy on the upswing, the number of high-income earners in the Republic has increased. Over 55,000 working people last year had a gross monthly income of
      711 words
    • Article
      Doctors save unborn baby of woman badly burnt in fire
      281 5 DOCTORS performed a caesarian operation on a severely burnt pregnant woman this and saved the baby a boy. They decided to do this to save the unborn baby after the condition of Madam Fatima Mohamed Kassim, 34, took a slight
      281 words
    • Article
      Dragon year letdown
      53 5 CONTRARY to expectations, there has been no great rush by Chinese Singaporeans to get married in the auspicious Year of the Dragon. In the first eight months of the year, Chinese weddings totalled 11,352, up a marginal 1.4 per cent over the 11,190 registered in the corresponding
      53 words
    • Article
      12 more touts punished
      137 5 TWELVE touts, the biggest number so far, were separately charged in court this week with being a public nuisance. They were caught harassing tourists to buy fake watches along Orchard Road. Nine of them, aged between 23 and 31, pleaded guilty and were fined $l2O each!
      137 words
    • Article, Illustration
      Education Ministry acts on call to teach core Asian values
      596 5  -  By i By CHENG SHOONG TAT THE Education Ministry is looking into ways to ensure that core Asian values are passed on to primary schoolchildren, Education Minister Dr Tony Tan has announced. Describing this as a matter of "fundamental importance”
      596 words
    • Article
      PM opens $38m Pasir Ris holiday resort for workers
      531 6 PRIME Minister Lee Kuan Yew opened the NTUC Pasir Ris Resort last weekend and praised the labour movement for providing workers with facilities to enjoy the good things in life. The $3B million seaside complex boasts holiday chalets, swimming pools, a
      531 words
    • Article
      Union leader who contested polls against PAP fired
      208 6 SINGAPORE Justice Party leader M. Ramasamy, an opposition candidate in the last general election, has been expelled from the Metal Industries Workers Union. Union general secretary Varukatty A. Mohamed said the decision to expel Mr Ramasamy. who is chairman of its Bridgeport
      208 words
    • Article
      300-sq ft shop fetches $560,000 at auction
      73 6 A SMALL shop unit in Tanglin Shopping Centre was auctioned off this week for $1,864 a sq ft a price that surprised even the auctioneer. Four parties went for the 361-sq-ft ground-floor shop from the openl.u bid of $356,000. But only two persisted
      73 words
    • $423,000 collected
      • Article, Illustration
        Lock icon Trust fund set up from excess donations to liver cancer boy
        289 6 PART of nearly half-a-million dollars generous Singaporeans donated to help liver cancer boy I.#oo Shu Ze undergo a liver transplant will now go to a new trust fund to help others like him. A sum of $45,000 has been
        i parents at the airport. Picture by WAN SKN(* YIP.  -  289 words
      • Article
        Off on a journey of hope
        151 6 I.OVK was in the air at Changi Airport as liver-can-cer boy, l,ee Shu Ze, left for Britain. More than 30 relatives, friends and well-wishers gathered at the departure lounge last Saturday night to see the six-year-old off. Among them was Mr Uni Boon Yang,
        151 words
    • Article
      From camp to hotel, Sentosa will have it all
      265 6 WHETHER it is the well-heeled tourist, the bud-get-conscious traveller or someone in between, Sentosa Development Corporation aims to be able to offer them accommodation on the island at a price they can afford. The corporation last week set the pledge in
      265 words
    • Article
      Clinics which do abortions must get licence
      45 6 DOCTORS or "approved institutions” must now get a licence for their premises if they are using them for abortion or sterilisation procedures. The licence, valid for two years, costs $5OO for those performing abortions and $3OO for sterilisations.
      45 words
    • Article
      SIA cabin crew told: No smoking when in uniform
      170 6 STUB it out when you are in uniform. This directive has gone out to Singapore Airlines cabin crew, advising them against smoking in public when they are in uniform, even when they are off duty. In a recent circular explaining the
      170 words
    • Article, Illustration
      Donor has given enough blood tofill a petrol tank
      308 7 A PSA public relations officer has donated enough blood to fill the petrol tank of a small ear. Mr Michael I/Oh started giving blood in 1974 during national service and has not stopped since. Every three months he gives about 13A
      308 words
    • Article
      Wanted: Views on national ideology
      118 7 THE Feedback Unit is inviting members of the public to give views on the principles and core values that should be part of the national ideology. Those with views may write to: The Feedback Unit, c/o Ministry of Community Development, MCD Building, 512 Thomson Road,
      118 words
    • Article
      Teng Cheong raps stat boards for dilly-dallying
      368 7  -  Indecision over raising of retirement age By LOONG SWEE YIN STATUTORY boards which have yet to raise the retirement age of their employees from 55 to 60 were taken to task last week by Second Deputy Prime Minister Ong Teng Cheong for dragging
      368 words
    • Article
      Private hospitals still paying their nurses more
      440 7 NURSES in private hospitals still earn more than those in government service and are likely to continue to earn more in spite of the higher pay for government nurses from next month. Five out of six private hospitals contacted this week said their
      440 words
    • Article
      Property deal lawyer who overcharged client suspended
      331 7 A LAWYER who was found to have taken advantage of his client in a property deal was this week suspended by the High Court from practice for two months. Mr Abdul Rahim Rajudin, who had been in practice for about 10 years, had
      331 words
    • Article
      $1m to end hotel contract
      159 7 ADELPHI Development Pte Ltd the original owner of the Adelphi hotel and shopping complex has ended its management contract with Mandarin (Singapore) International Hotel Pte Ltd (MSI). Overseas Union Enterprise, MSl’s parent, said the termination followed the sale of the building on Coleman Street to
      159 words
    • Article, Illustration
      Bridegroom Rod, in kilt flown in from Scotland, serves tea to his in-laws the traditional Chinese way
      168 8 ALMOST all truchlooded Scotsmen prefer to wear their elan’s tartan kilt on special occasions. And engineer Rod Anders, 71, Ls no exception. So there he was, on his very special day, kneeling in
      168 words
    • Article
      Cut in teachers’ starting pay likely to be restored
      638 8  -  Bid to draw more to profession By CHUA CHONG JIN MOVES are under way to make the teaching service more attractive and the first may see the restoration of teachers' starting salaries which were cut during the 1985 recession. This step,
      638 words
    • Article
      Extra bonus hopes
      61 8 CIVIL servants and statutory board employees, who are expecting bigger bonuses this year because of the economy’s good performance, will know by the middle of this month how much they wiil get. The National Trades Union Congress expects them to get as much as a month’s pay
      61 words
    • Article
      Plumber kept prostitute prisoner in her home for a week
      265 8 A MAN who visited a prostitute several times a month went to her Desker Road home one day and confined her indoors for a week. To make sure she did not leave, Chan Fook Choy, 54, a plumber, took the
      265 words
    • Article
      Higher diesel tax on taxis soon?
      180 8 THE diesel tax for taxis is expected to go up in the near future. This is likely to be carried out in two phases, and will see the tax gradually raised from the present yearly rate of $l,lOO to either $3,300 or $4,400 before
      180 words
    • Article
      Academy of Law comes into being
      206 8  -  Chief Justice. CONRAD RAJ. THE Singapore Academy of Law, which will provide a focal point and a forum for members of the legal profession, came into existence this week. This follows the coming into force on Tuesday of The Singapore Academy of Law Act
      206 words
    • Article
      Oil company president’s ’son’ who went on $1,000-a-day spree
      124 8 AN INDONESIAN man, who wanted to live it up while on a holiday here, cheated oil company Pertamina of $5,000 by impersonating its president’s son. Last Monday, Vino Ela Octavian, 23, was fined $4,000 after he pleaded guilty to a cheating
      124 words
    • Article, Illustration
      Musa turns down offer to rejoin Cabinet, Razaleigh wants written invitation
      295 9 KUALA LUMPUR FORMER Deputy Prime Minister Datuk Musa Hitam has rejected outright an open invitation by Datuk Seri Dr Mahathir Mohamad to rejoin the Cabinet as a minister without portfolio, while former Trade and Industry Minister Tengku Razaleigh Hamzah
      295 words
    • Article
      Lock icon Delegates in tears
      189 9 Hernama. KUALA LUMPUR The three-day New Umno general assembly ended on a hitter-sweet note with many delegates unabashedly shedding tears. Their sad feelings refleeted their thoughts on the state of Malay unity following the surprise announcement hy Prime Minister and New Umno President Datuk Seri Dr Mahathir
      Hernama.  -  189 words
    • Article, Illustration
      Lock icon Unity of Malays our only aim, says Ghafar
      729 9 Bernama. NST. Datuk Musa said Malay unity could only be achieved through the attitude of the leadership, especially if those in power subscribe to and practise a political culture based on the Malay nature that is, having qualities such as compassion, courtesy,
      Bernama.; NST.  -  729 words
    • Article
      Non-Malay support for National Front questioned
      437 9 KUALA LUMPUR The issue of Malay support for the People’s Action Party in Singapore was brought up by a New Umno delegate when he questioned the extent of non-Malay support for Malaysia's ruling National Front government during a crisis. Debating on the motion of
      437 words
    • Article
      Lock icon Move seen as a masterly stroke by Mahathir
      369 9 SALIM OSMAN. OBSERVERS see Dr Mahathir's invitation to his arch-rivals to rejoin the Cabinet as a masterly stroke which can take the wind out of his rivals’ sails. This is because it can put the two men on the defensive as they
      SALIM OSMAN.  -  369 words
    • Article
      Undemocratic? Dr M hits back at the Tunku
      147 9 KUALA LUMPUR Former Prime Minister Tunku Abdul Rahman came under fire last Friday from Dr Mahathir Mohamad for his remarks that the present government was undemocratic. Dr Mahathir said the first government of Malaysia under the Tunku was in fact guilty of
      147 words
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  • across the CAUSEWAY
    • Article, Illustration
      Lock icon Mahathir raps Bar for ‘acting more like political party’
      499 10 He blames lawyers for backlog of 300,000 court cases New Umno general assembly KUALA LUMPUR Bernama, NST. THE Prime Minister has expressed his concern over the backlog of court cases that are awaiting hearing and said it should be given serious
      Bernama,; NST.  -  499 words
    • Article, Illustration
      Lock icon PM aiming to gain control of Bar Council – chairman
      297 10 PM aiming to gain control of Bar Council chairman NST. KUAI.A LUMPUR The Bar Council has said that the Prime Minister is now trying to control the council after having "finished dealing" with the judiciary. Council chairman Raja Aziz Adruse in a statement issued last Tuesday said Datuk Seri Dr
      NST.  -  297 words
    • Article
      Tougher line soon with bumiputra businessmen
      207 10 KUALA LUMPUR The government will be tough in awarding future contracts to bumiputra businessmen although it knows that the matter can easily be turned into a political issue by its critics. Prime Minister Datuk Seri Dr Mahathir Mohamad said the government would scrutinise the
      207 words
    • Article
      Lock icon Boric acid prime suspect in food poisoning deaths
      387 10 KUALA LUMPUR NST. WAS boric acid the mystery killer? Experts are said to be labouring under a strong suspicion that boric acid was the culprit that caused the mass food poisoning in Perak that has so far killed 14 people. There is
      NST.  -  387 words
    • Article, Illustration
      Weng Hong comes out of nine-day coma
      95 10 HIS PARENTS' vigil at his hospital bedside, while doctors battled to keep him alive, paid off six-year-old Wong Weng Hong, a victim of the mysterious mass food poisoning ease in Perak, came out of a nine-day coma last week. Now he’s got a
      95 words
    • Article
      Lock icon Luxury ‘summer’ homes to be built along mountain road
      255 10 NST. KUALA LUMPUR Firstclass "summer homes" for foreigners will be built along choice sections of the proposed 240 km mountain road linking the hill resorts of Genting Highlands, Fraser's Hill and Cameron Highlands. Works Minister Datuk S. Sarny Vellu said there
      NST.  -  255 words
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  • ASEAN
    • Article, Illustration
      Asean envoys not happy with Son Sann’s UN speech
      517 11  -  They’re embarrassed by his interpretation of phrase in resolution By ONG MING SEING, Washington Correspondent UNITED NATIONS Asean diplomats have expressed dismay over a speech made by Mr Son Sann, Prime Minister of the Coalition Government of Democratic Kampuchea, at the
      517 words
    • Article
      Chavalit: Name the culprits or go to hell
      146 11  -  said. TAN LIAN CHOO. BANGKOK In his first puhlle reaction to alleged misappropriation by the Thai army of a secret US aid programme for the Cambodian resistance, army chief General Chavalit Yongchaiyudh has demanded to know the names of the alleged culprits.
      146 words
    • Article
      Lock icon Suharto defends executions of Sukarno’s ex-guards
      382 11 JAKARTA AFP, AP PRESIDENT Suharto has defended the recent execution of two former guards of his predecessor, Mr Sukarno, saying that they failed to show remorse for taking part in a commu-nist-backed coup attempt in 1965. Visiting Dutch Prime Minister Ruud Lubbers raised the
      AFP,; AP  -  382 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      211 11 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 you in on the latest in
      211 words
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  • COMMENT/ Pick of the week’s editorials
    • Article
      Pol Pot & Co, please leave
      635 12 Pol Pot Co, please leave NOV 5, 1988 MR KISHORE Mahbubani is a happy man. In 1984. his first year as Singapore’s Permanent Representative to the United Nations, the positive vote for the Asean resolution on the Cambodian question went up by five. This year, his last as ambassador to
      635 words
    • Article
      Waiting for world peace
      667 12 NOV 4, 1988 THE so-called •‘outbreak’’ of peace in the world was celebrated by the world's newspapers, including this one, a few months ago. The culmination of it was the award of the 1988 Nobel peace-prize to the United Nations peace-keeping forces. It was time that
      667 words
    • Article
      Values for the nation
      605 12 NOV 3, 1988 A YOUNG country of immigrant stock at the crossroads of East and West naturally risks losing its bearing, if it does not care to think about the direction in which it is heading. More so in the case of Singapore, where En-glish-educated youngsters
      605 words
    • Article
      T F Hwang takes you down Memory Lane
      567 12 JURONG THE Mass Rapid Transit system begins its operations from Jurong today. It links Jurong with Raffles Place station in the south, and Yio Chu Kang station up north. There are now all together 23 stations in service along this extended route.
      567 words
    • Article
      PASSING SHOTS
      185 12 “People are not robots. Since they are not, It Ls inevitable that their performance differs. The important thing is to give equal opportunities to all Singaporeans to maximise their potential, and encourage them to exploit the opportunities provided.” First DPM Goh Chok Tong speaking at the 21st anniversary
      185 words
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  • NEWS FOCUS
    • Article, Illustration
      Malays: What more needs doing?
      4795 14 Is the Government’s approach to the Malay community right? What do Malay PAP leaders and the Malay community in general think? What is the view of the other communities? A recent Straits Times-Berita Harian panel discussion brought together an MP, two political scientists and a
      4,795 words
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  • TIME$
    • Article
      How your stocks performed
      4463 16 TRANSACTION DATE: NOV 04, 88 Gr’s 1988 Tel Last Yld Vol Day Last Quote High Low Code Company Sale d or- 000) High Low Buyer Seller SECTION ONE INDUSTRIAL COMMERCIAL Ml 95 t 1000 Acma 107 -i 09 18 108 107 108 85 42 1001 Alcorn
      4,463 words
    • Article
      Day-to-day ST Indices
      57 17 THE day-to-day ST Industrial indices and daily turnover for the week: MONDAY: 1,039.27 points (up 1.26); 20.18 m units (value $50.45m); TUESDAY: 1,032.67 (down 6.6); 14.89 m units <s3B.3m); WEDNESDAY: 1,030.12 (down 2.55); 12.21 m units ($32.24m); THURSDAY: 1,030.17 (up 0.05); 14.57 m units ((11. 26m); FRIDAY:
      57 words
    • Article
      Commodity prices
      88 17 Rubber (per kilo) S’pore Malaysia (cents) (sen) Oct 31 205.00 283.00 Nov 1 207.50 281.50 Nov 2 202.50 ***** Nov 3 202 00 279 50 Nov 4 204.00 282.00 Palm oil Crude MS tonne palm oil November 1060 (south) December 1060 (central) Refined palm oil US$/tonnes RBD palm
      88 words
    • Article
      Thin trading in Hongkong
      81 17 EXTREMELY thin trading was a feature of yesterday’s quiet activity on the Hongkong stock exchange Prices were barely changed as investors sat tight, happy to wait for the outcome of the US presidential election. The Hang Seng Index rose a fractional 002 of a point to
      81 words
    • Article
      Back to yawning days for the brokers
      261 17 Weekly sharemarket report IT WAS hack to the “big yawn” in the Singapore stock market this week. Except for Monday, daily turnover for the week was heiow 15 million units, with Wednesday’s plunging to 12.2 million. Except for Singapore Airlines, whose record interim
      261 words
    • Article
      Selected Hongkong stocks
      382 17 Nov 4 HKJ Change Assoc Inti Hotel» 2 375 0 025 Bonk Of toil A»ia 16 90 -0 1 Capital Corp 0 67 00! Cathov Pocific Ah 8 80 -0 05 Cheung Kong 730 unch Chino Ligh* 16 50 0 1 City Resources 1 13 unch Cross
      382 words
    • Article
      Lock icon Bargain-hunting in KL
      148 17 NST KUALA LUMPUR The uptrend gathered momentum and priees gained further ground on the Kuala Lumpur stork market yesterday. The improved buying saw scattered double-digit gains. A broker attributed the firmer trend to bargainhunting after the recent weak spell. Blue chips and quality stocks (Misted the day's
      NST  -  148 words
    • Article
      What the Singapore dollar is worth
      139 17 n Interbank Foreign currency Local dollars to one unit of foreign currency Australian dollar Canadian dollar NZ dollar Sterling pound US dollar 1.6412-1 6440 1.6211-1.623? 1.2302—1.2328 3.5222—3.5259 1.9810-1.9820 Local dollars to 100 units of foreign currency Austrian schilling Belgian tranc (com) Danish kronor Deutschemark
      139 words
    • Article
      Lock icon Hefty rise likely in world demand for natural rubber
      448 18 Consumption expected to increase to 5m tonnes Bernama KUALA LUMPUR World demand for natural rubber (NR) is expected to increase to five million tonnes this year, the Malaysian Rubber Exchange and Licensing Board (MRELB) said in its latest Market Conditions and
      Bernama  -  448 words
    • Article
      $1.4m interim profit signals QAF turnaround
      342 18  -  Exchange. CHOW CHEE SUN. FOOD-BASED QAF Ltd has turned in encouraging half-time results. The company returned to the black with a group pretax profit of $l.lB million for the first six months to Sept 30 compared with a $4.33 million pre-tax loss in the
      342 words
    • Article
      Last week’s results
      156 18 Week ended Oct 28. Compiled by Business Times. Final results Gross Group net Company dividend profit/loss (’000) <j Year to Hume M 10 (12) MJ7.291 ($4,695) June 88 Preliminary results Gross Group pre-tax Company dividend profit/loss ('000) S B S 7.5 (5) $4,691 ($2,719) Year to June
      156 words
    • Article
      Yishun draws MNC factories
      504 18  -  Ready pool of workers attracts Compaq, Thomson By SHAUN SEOW and GRACE CHNG YISHUN with a ready pool of workers from its estimated 160,000 population has attracted two multinationals to set up their factories there. The first is Texas-based Compaq Computer Corporation, which is investing up
      504 words
    • Article
      F&N rights cost OCBC $39m
      147 18 THE Oversea-Chines** Banking Corporation Ltd has paid $39.79 million to pick up its entitlements to Fraser Neave’s recent rights issue. Following the acquisition of 13.13 million new F&N shares, OCBC will have a 6.1 per cent direct interest in the company and a deemed interest
      147 words
    • Article
      Unit trusts
      238 18 Managers' prices for November 5 Singapore Unit Trust It* Commerce 09/-103 The Savings Turn) 085-091 Spore Prog fund 0 38—0 42 Spore Sec fund 0 64 0 69 Spore Invest Fund 0 68 0 /3 Spore Equity Fund 049 053 Asia Unit Trust Mai Invest Fund 140-150 Mai
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    • Article
      Bus firms earn more despite MRT
      376 18  -  -DAMIEN LIM. SINGAPORE Bus Service has announced its onemonth overdue interim results, turning in a 27-per cent jump in after-tax earnings as a result of increases in turnover, and investment and other income. The company reported an after-tax profit of $20.59 million for the
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    • Article
      Dealers predict Singapore dollar will hit record levels by year end
      382 19  -  By R RAJENDRAN SINGAPORE dealers are predicting that the local dollar will hit record levels before the year is out. They base the prediction on the l!S dollar again falling below 125 yen and its slide against all major
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    • Article
      DIVIDENDS ANNOUNCED
      825 19 Current Ex Books Date Total for Total lor payment date close payable the year last year A Enterprises 5%lll Nov 2 Nov 17 Dec 5 7% 10% Amal Steel 10% (bl Jan 6 Jan 20 Jan 31 10% 8% Asiatic Dev 2% til Oct 12 Oct 26 Nov
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    • Article
      SPH plan to hive off subsidiary gets approval
      168 19 SHAREHOLDERS of Singapore Press Holdings have approved the group’s proposal to hive off Times Publishing Ltd into a separate listed company. SPH, which publishes all the major newspapers in Singapore, had earlier proposed to give its shareholders one Times Tub share for
      168 words
    • Article
      C C Tan leaves Robinson’s board
      114 19 MR C. C. Tan, a former chairman of The Straits Times Press (1975) and United Engineers Ltd, has relinquished yet another directorship that of Robinson Co Ltd. The 78-year-old barris-ter-in-law had earlier this year declined a reappointment as director of The Straits Trading Co
      114 words
    • Article, Illustration
      Haw Par names its new chief executive
      395 19  -  By CONRAD RAJ MR CHARLIE PHUA, a Director of Haw Par Brothers International Ltd will from today be its group managing director The diversified local conglomerate, which is in trading, manufacturing and property, has been without a chief executive officer since Mr Loo
      395 words
    • Article
      Inno-Pacific fixes entitlements to rights and loans stock issues
      440 19  -  IJM ENG HAI. DIRECTORS of Inno-Pacif-ic Holdings Ltd have removed an element of uncertainty from the company’s proposed rights issue announced early last month. Last week, they said that, for every two shares held on book-closure day, shareholders will be entitled
      440 words
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  • FORUM
    • Article
      Answer all emergency calls
      372 20 THE recent spate of correspondence with different views as regards calling doctors to attend to “emergencies” prompt me to write to you for clarification. Doctors are under no legal obligation to answer such calls. However, there is a professional and social requirement in answering to a
      372 words
    • Article
      We don’t need to stoop so low
      227 20 I REFER to the letter “No women, fewer tourists" by "Jacob” (ST, Oct 15). The Government has been trying very hard to build Singapore into a clean, healthy society. By promoting cultural, charitable and sporting activities, like the Arts Festival, Heartstrings and marathons
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    • Article
      Let’s not ape the laws of other countries
      505 20 ON CALL TO BAN SEX BIAS THE report "Panel calls for law to ban sex bias” (ST, Oct 22) raises some pertinent questions. If the I-aw Society has its way, it will be upsetting a host of accepted practices. For instance, if
      505 words
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      721 20 REACH SINGAPORE FROM HOME. lo advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31. Jalan Riong, Kuala Lumpur *****. Tel *****44 Cable New Times.' Tele* MA ***** Fa* (03) *****34 U.K.: Mr John Armour /Mr R Ramesh The Straits Times Press (London) Ltd 102/106 Temple
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    • Advertisement
      Page 20 Advertisements Column 2
      96 20 Dear Overseas Readers THE Straits Times welcomes tetters from you. Your letters must include your signature, full name, address, and home and office telephone numbers, if any. They should preferably be typed, double-spaced, on one side of the paper. You may add a pseudonym if you wish. But we would
      96 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      910 21 APPOINTMENTS THOMSON MAKE OUR VISION YOUR MISSION. Unparalleled standards in audio video technology. Paving the way. creating the once-impossible ideas... it’s all happening at THOMSON. And it's an exciting vision which you can also take part by making it your mission with any of the following job challenges... ENGINEER With
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      783 22 APPOINTMENTS EV DY EVEREADY SINGAPORE PTE LTD makers of EVE READY and ENERGIZER batteries, invite suitably qualified candidates for the following positions: INDUSTRIAL ENGINEER The Job: Incumbent will report to the Plant Industrial Engineering Manager and will be involved in determining material and labour standards, conducting work studies/job evaluation, recommending
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  • TIMESPORT
    • Article, Illustration
      Poh Leong axes Kannan and Salim
      465 23  -  Their performances have been inconsistent, he says AFTER SINGAPORE’S MALAYSIA CUP EXIT By JOE DORAI KANNAN and Salim Moin are out of Singapore's national soccer squad. The two strikers have been dropped because of their inconsistent performances in the Malaysia Cup competition, especially in
      465 words
    • Article, Illustration
      Kuching mayhem
      100 23 RIOT SQI AI) police shielding the Kedah team (hidden in background) from angry spectators after the Malaysia Cup second-leg semi-final tie at Kuching Stadium was abandoned. Thousands of gate-erashers had earlier invaded the pitch, causing the kick-off to be delayed by thrce-and-a-half hours. Kedah decided to walk off
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    • Article, Illustration
      Merlion Cup competition is scrapped
      479 23  -  competition.” JOE 1)0KAI. THE Merlion Cup soccer competition, scheduled at the National Stadium from Nov 12-20, has been called off. The key reasons are the late withdrawal of crowd-pullers South Korea and the doubtful appearance of striker Fandi Ahmad in the Singapore team. The South
      479 words
    • Article
      Kedah win a classic semi-final
      488 23  -  By GODFREY ROBERT NO BLACK eat was released, no eoaeh stormed onto the pitch and not once did you get the feeling that there was going to be crowd trouble at the National Stadium on Monday night. And for the neutral Singaporean fans in the
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    • Article
      Cup Final holiday for Kedah
      79 23 ALOR STAR Kedah Mentri Besar Datuk Seri Osman Aroff has announced a two-day holiday for the state on Sunday and Monday to mark the success of their Malaysia Cup soccer team in entering the final for the second consecutive year. Sunday is a normal working
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  • Article, Illustration
    Kan Seng calls on Suharto
    154 24 PRESIDENT Suharto welcoming Mr Wong Kan Seng at the presidential office in Jakarta, when the Singapore Foreign Minister paid a courtesy call on him. Mr Wong, who took over his new portfolio after the September Cabinet reshuffle, paid a three-day visit to Jakarta to meet
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  • Page 24 Advertisements
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      36 24 SUN TAN By ColUtte w 1 yc DO YOU AEAu$6 THAT you SEE NOTHING .OF Youit FAMILY O SUte-MTW/NG 7EI£Y/S(ON 0«. SLEePtNS'^ YOU WHAT M£An iPEND All My Time at NOME g* 5 c »s rfifll
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