The Straits Times : Weekly Overseas Edition, 12 November 1988
1988-11-12
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The Straits Times : Weekly Overseas Edition
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Title Section20 1988-11-12 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, NOVEMBER 12, 1988 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 12/8/8820 words
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Article620 1988-11-12 1 RAV DHALIWAL - Road tax goes up by 16-20 per cent By RAV DHALIWAL ROAD taxes for private cars were increased by between 16 and 20 per cent from this week in a move which the Government hopes will curb the car growth rate and keep road620 words
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273 1988-11-12 1 PATRICK DANIEL - By PATRICK DANIEL Suva (Fuji) I’KIMK Minister l-ee Kuan Yew on Wednesday sent a congratulatory message on Wednesday to lIS Presidentelect George Bush, expressing his confidence that under Mr Bush’s presidency, a strong and resolute America could resolve Its trade deficit problems without273 words
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Article, Illustration546 1988-11-12 1 ALAN HUBBARD - By ALAN HUBBARD: London DESPITE efforts to save him, Singapore cancer boy Lee Shu Ze died after he went into cardiac arrest within hours of liver transplant surgery on Thursday. In all. his heart stopped beating nine times, and the youngster died at546 words
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Article51 1988-11-12 1 THE Singapore dollar sealed yet another high yesterday as the greenback continued its slide. In the local market, it closed at 551.959 against the I S unit, compared with 551.9665 on Thursday. The Singapore also hit a new high against the Malaysian ringgit, closing at 73.29-73.3651 words
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Page 1 Advertisements
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Advertisement79 1988-11-12 1 Difficulties Malay leaders face Page 11 INSIDE Questions I would rather not ask myself as a Eurasian PAGE 13 HOME NEWS Boy who’s tied to chair after school PAGE 3 The would-be mercenaries of Little India PAGE 5 Plans for lowrise condos and bungalows in Sentosa PAGE 6 CAUSEWAY Kim79 words
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Advertisement12 1988-11-12 1 lud sji svcf (iicfs.u(juu\\ «u naor *f u LOOTb -eeEEtfMB r/rva.'rr.rcr \X12 words
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NEWS FOCUS
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Article, Illustration815 1988-11-12 2 PM visits New Zealand, Fiji and Australia PRIME Minister Lee Kuan Yew is in Australia on the final leg of a 19-day three-country tour which has taken him to New Zealand and Fiji. In Wellington he had talksPicture by YAP YEW PIANG. - 815 words
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357 1988-11-12 2 WELLINGTON Visiting Singapore Prime Minister I.ee Kuan Yew has said he had read with some astonishment the New Zealand government’s new Maori policy, in particular its decision to give back exclusive fishing rights to its indigenous people. Mr described the357 words
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Article, Illustration617 1988-11-12 2 SUVA Fiji’s opposition coalition leader, Dr Timoci Bavadra, on Wednesday told Prime Minister Lee Kuan Yew during a one-hour meeting that the country’s new draft Constitution was racist and biased in favour of certain regions in the country. Speaking to617 words
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Malays: What more needs doing? PART TWO
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Article2929 1988-11-12 11 Today we publish the second and final part of The Straits Times-Berita Harian panel discussion on the problems of Malay Singaporeans. Zainul: If I ran recap what you are trying to say. It's very important for us to try and persuade the Malays to see the2,929 words
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HOME
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Article, Illustration275 1988-11-12 3 SHARON LIM - They stopped overnight on way to Zurich By SHARON LIM A WOMAN’S girdle, underpants, a vest, a false bottom in a carrier bag and more than 8 kg of heroin. These were found in the possession of a Hongkong couple275 words
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Article224 1988-11-12 3 The woman, a 26-year-old clerk, walked through "clean” with a bag full of clothes. Rut the man. a 28-year-old labourer, was caught with the incriminating hag. According to the deputy director of the CNB, Mr Lohman Yew, the bureau had been working for some time on224 words
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237 1988-11-12 3 ALL opposition activists in the National Trades Union Congress and its related organisations have been weeded out. NTUC secre-tary-general Ong Teng Cheong said this week. Therefore, there will be no more ousting of opposition figures from the union or its affiliates as a result237 words
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549 1988-11-12 3 MICHAEL LIM - By MICHAEL LIM AN Austrian tourist was called a “son of a *****" when he confronted a salesman over a product he was unhappy with. Another visitor had his impression of Singapore as a shopping paradise shattered when he and his549 words
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325 1988-11-12 3 NG WEI JOO - By NG WEI JOO STUDENTS sitting for the (ICE and A level examinations now have to hand up their question papers in addition to their answer scripts at the end of each examination. The new ruling applies from this week as students325 words
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148 1988-11-12 3 SOME 940 pupils of the Methodist Girls' Primary School hade farewell to their 101-year-old alma mater this week. In an emotional farewell service, they sang, "bind us together with cords that cannot be broken". When they return to school on Jan 3 next148 words
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Article, Illustration521 1988-11-12 4 MICHAEL LIU - Medical report says he’s epileptic and hyperactive I authorised them to do it, says angry father By MICHAEL LIU FOURTEEN-YEAR-OLD Yeo Kheng Siong spends his time after school tied to a chair in a nursing home where521 words
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428 1988-11-12 4 SIX taxi organisations representing more than 10,000 cabbies said this week that fares may be raised because of the new diesel tax. A decision is expected over the next two to three weeks. The taxi organisations said that before making a decision428 words
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322 1988-11-12 4 BUSINESSMAN Frank Shaw Ming Jeong, who was made a bankrupt 13 months ago, has had the order set aside by the High Court. Mr Shaw, who now lives with his family in Britain, was declared a bankrupt on Sept 4 last322 words
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242 1988-11-12 4 THE new terms imposed by the Philippine government for Singaporeans employing Filipino maids are deterring many maids who want to renew their contract from going home because they fear they may lose their job. As a result, thousands of Filipino242 words
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Article, Illustration509 1988-11-12 5 IF the price is right, there are foreign workers living in Serangoon Road willing to go as mercenaries to the Maldives. Dangle a lucrative carrot and they are prepared to go armed to the teeth to the island republic inAFP picture. - 509 words
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Article, Illustration447 1988-11-12 5 A FORMER president of the Maldives, now living in Singapore, h.as denied any involvement in last week’s attempted coup in the Indian Ocean island republic. “I categorically deny, and reject any suggestion, that I was at any time447 words
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194 1988-11-12 5 SHARON LIM FOUR students from Serangoon Junior College have been expelled after they were caught redhanded trying to steal from students’ lockers at the college. It is learnt that the four 17-year-old boys were disciplined after the college investigated the incident which took194 words
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300 1988-11-12 5 SCOUTS are seen by some people as being “soft” compared to the national police and national cadet corps, a recent survey, which set out to examine why scout membership has remained stagnant for years, revealed. The survey, carried out by the Market Research300 words
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289 1988-11-12 5 A MAID ran amok and slashed at her employer, a housewife, with a kitchen chopper early last Sunday morning. The 24-year-old Filipina then attacked Madam Seow Poh Cheng's teenage daughter. Her rampage was finally stopped by Madam Seow’s 22-year-old son when289 words
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119 1988-11-12 5 COMMODITIES trader Norihlro Kihara, accused of 1,755 counts of cheating and criminal breach of trust, involving about $24 million, has been unable to raise the $l5 million bail set by a subordinate court last week, and has been in Chang! Prison since.119 words
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Article, Illustration546 1988-11-12 6 SHAUN SEOW - Land to be reclaimed after causeway link to mainland By SHAUN SEOW PART of Sentosa can be used for residential development once it is linked by a causeway to the mainland by 1992. said Trade and Industry Minister I,ee Hsien Loong.546 words
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555 1988-11-12 6 AGNES WEE - But careful development planning is vital, he says By AGNES WEE THERE is enough land for Singaporeans to enjoy a high standard of living even until the year 2030, said Mr S. Dhanabalan. But this will not be achieved automatically. To ensure555 words
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96 1988-11-12 6 A COMMITTEE headed by Brig-Gen (Res) Lee Hsien Loong, the Trade and Industry Minister and Second Defence Minister (Services), will be given the task of formulating Singapore’s national ideology, First Deputy Prime Minister Goh Chok Tong has announced The national ideology a96 words
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208 1988-11-12 6 A WEST German involved in an international racket using tampered and counterfeit credit cards to buy goods was last week began a 28 months’ jail sentence in Changi jail. Peter Grone pleaded guilty to five charges of cheating various stores of goods208 words
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411 1988-11-12 6 AFTER the apparent failure of negotiations with several parties, the creditor banks of The Meridien Hotel on Orchard Road have decided to put it up for sale by tender. The tenders close on Nov 24 and documents are being sent411 words
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Article171 1988-11-12 6 ALL five members of the Singapore Federation of Chambers of Commerce and Industry, the country's top business organisation, have signed an agreement to take turns to fill the post of president. This was disclosed by Haji Jalil Haron, the federation's vice-chairman and president of the Singapore Malay171 words
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Article, Illustration421 1988-11-12 7 BRENDAN PEREIRA - By BRENDAN PEREIRA THE firo service here is well prepared to fight large-scale fires even if one breaks out in such a sprawling complex as Raffles City, which has the world’s tallest hotel and a floor area equivalent to 50421 words
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Article23 1988-11-12 7 ITALY’S new ambassador to Singapore, Mr Romualdo Bettini, presented his credentials to President Wee Kim Wee at the Istana on Thursday.23 words
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Article, Illustration319 1988-11-12 7 FOREKIN Minister Wong Kan Seng has said he is “extremely pleased” with the United Nations vote on the Asean-sponsored Cambodian resolution. “I hope this strong signal will impel Vietnam to earnestly negotiate for a political settlement of the Cambodian319 words
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Article55 1988-11-12 7 IN an island-wide blitz on hell-riders and drivers last Saturday night, 127 riders and 39 drivers were hooked, most of them for speeding. Fifty-two motoreyeles were also seized for suspected illegal modifications. During the blitz, the Traffic Police set up road blocks and sent out mobile patrols55 words
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Article306 1988-11-12 7 THE birthplace of Singapore’s fast-food youth subculture McDonald's at Liat Towers may well be swept up next year by the wave of sophistication sweeping through Orchard Road, report Business Times. McDonald’s 10-year lease on the site comes up for renewal next October, and the indications306 words
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Article, Illustration427 1988-11-12 7 A COUPLE lost a damages claim for fraud and breach of duty against an international investment bank and commodity brokers. Mr Justice L. P. Thean dismissed with costs on the case of Mr Stanley Muhs and his wife Sopa against427 words
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across the CAUSEWAY
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Article, Illustration159 1988-11-12 8 MALAYSIA and Singapore have agreed to stop up the exchange of visits between younger leaders and government officials to strengthen the already close ties between the two countries. Foreign Minister Wong Kan Song said that the close relationship huilt up159 words
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218 1988-11-12 8 Bernama. KUALA LUMPUR The purchase of modern arms from Britain is in line with Malaysia's policy of adopting a deterrent strategy and being self-reliant in defence. Deputy Defence Minister Datuk Abang Abu Bakar said. It is hoped that British armsBernama. - 218 words
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467 1988-11-12 8 SALIM OSMAN - By SALIM OSMAN: Johor Baru FORMER Deputy Prime Minister Datuk Musa Hitam has been meeting his supporters in Johor to explain his stand over the recent offer of a Cabinet post by Prime Minister Datuk Seri Dr Mahathir Mohamad and467 words
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77 1988-11-12 8 Bernama. BAIT PAH AT Former Trade and industry Minister Tengku Kazalelgh llamzah has rejected the offer of a cabinet post, Johor Baru MP Datuk Shahrir Abdul Samad said. Speaking at a Prophet Muhammad’s birthday celebration function on Wednesday, Datuk Shahrlr said Tengku Kazalelgh announcedBernama. - 77 words
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Article56 1988-11-12 8 from the gathering, a congress spokesman said. Bernama. KUALA LUMPUR The Malay unity congress scheduled to be held at the Sultan Sulaiman Club this weekend has been cancelled on the advice of the police, w'ho were concerned with the security problem that might arise from thefrom the gathering, a congress spokesman said. — Bernama. - 56 words
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Article, Illustration317 1988-11-12 9 KUALA LUMPUR Malaysian Chinese Association deputy president Kim Sai has said that the party was staying on as a member of the ruling National Front coalition to protect and enhance the interests of Chinese Malaysians.317 words
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131 1988-11-12 9 alone, he said. Bernama. KIIALA LUMPUR The Democratic Action Party has urged the setting up of a national consultative council on ethnic relations to defuse racial tension and find positive ways to overcome racial polarisation. DAP acting secretarygeneral Lee Lamalone,-’ he said. — Bernama. - 131 words
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Article, Illustration421 1988-11-12 9 Another state leader backs call for MAS--SIA service to Kuching Bernama KUCHING Another Sarawak state leader has urged Malaysia Airlines to start a joint service with Singapore Airlines between Kuching and the Republic. Sarawak Minister of Environment and Tourism Datuk Amar James Wong said the two airlines could have theBernama - 421 words
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151 1988-11-12 9 Berna ma KUALA LUMPUR Former Democratic Action Party secretary-general Lim Kit Siang and his son, Mr Lim Guan Eng, both detained under the Internal Security Act (ISA), have called off their hunger strike. Acting DAP secretarygeneral Lee Lam Thye said they calledBerna ma - 151 words
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118 1988-11-12 9 NST. KUALA LUMPURFormer Trade and Industry Minister Tengku Razaleigh Hamzah is not and never was an adviser to the Sultan of Brunei, Finance Minister Datuk Paduka Daim Zainuddin said. He was replying to points during a debate at the recent New Umno generalNST. - 118 words
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326 1988-11-12 9 NST, KUALA LUMPUR A television mini-series on Australians Geoffrey Chambers and Kevin Barlow who were hanged in Pudu jail last year after conviction on a drug trafficking charge has been described as unbelievable by a lawyer who representedNST, - 326 words
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Article253 1988-11-12 9 Bernama PENANG Another Gerakan leader has quit the party to join the Malaysian Chinese Association (MCA), exacerbating the row between the two main Chinese partners in the National Front government. Former state Gerakan vice-chairman Datuk Khor Gark Kim announced his decision at a press conferenceBernama - 253 words
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225 1988-11-12 9 NST BAHAU (Negri Sembilan) Police have identified several religious extremist groups in the country and will not hesitate to take action against them if they threaten national security and public order, the director of the Special Branch said. But Datuk Abdul Rahim MohamedNST - 225 words
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Page 8 Advertisements
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Advertisement714 1988-11-12 8 REACH SINGAPORE FROM HOME. To advert ise, 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 Temple714 words
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ASEAN
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Article, Illustration281 1988-11-12 10 Govt will no longer bail out ailing banks FT JAKARTA The Indonesian government has moved to bring order to Jakarta money markets. It is squeezing the money supply and allowing interbank rates to rise, to eounter the first puhlie reaetion toFT - 281 words
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208 1988-11-12 10 -UPI, AFP. JAKARTA Indonesian authorities will confiscate the passports of those who travel to China without ‘‘security clearance" from the country’s National Intelligence Coordinating Board (Bakin), an official said this week. Mr Rony Sikap Sinuraya, the DirectorGeneral of Immigration, said: "The-UPI,; AFP. - 208 words
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Article, Illustration390 1988-11-12 10 TAN LIAN CHOO - He plans to form party, says report By TAN LIAN CHOO Bangkok Correspondent BANGKOK Thai army chief General Chavalit Yongehaiyudh is to resign next year and launch a political career, the Bangkok Post reported this week. The report, quoting sources close to Gen Chavalit,390 words
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162 1988-11-12 10 Hunt on for lard-in--food rumour mongers JAKARTA The Indonesian government is to start a manhunt for people who recently spread the rumour that certain brands of household products contain lard, the Jakarta Post reported. It quoted Admiral Sudomo, the Co-ordinating Minister for Political and Security Affairs, as saying that exaggerated162 words
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Page 10 Advertisements
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Advertisement212 1988-11-12 10 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 in212 words
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COMMENT/ Pick of the week’s editorials
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Article620 1988-11-12 12 NOV 12, 1988 THE hulls are returning to the Singapore property market. Two recent reports on the property outlook one by a securities fir m and another by property consultants confirm what industry watchers have anticipated for some time now. The slump, which saw prices plunge620 words
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Article625 1988-11-12 12 NOV 11. 1988 “BUSlNESS as usual" could well lx» the sign on the door of the Oval Office as Mr George Bush prepares to move in as the 41st President of the United States. As the world mentally adjusts to President Bush, heads of business and government625 words
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Article592 1988-11-12 12 NOV 9, 1988 AS PART of Productivity Month, employers and workers are once again reminded of the importance of automation. The virtues of having machines which can do the work of man more efficiently have been preached so many times in the past that some employers might592 words
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652 1988-11-12 12 OUT AND ABOUT IN MY time, all Chinese mothers, including those with broods of nine or more children, had their ways of remembering the ages of their offspring. The trusted old memory way was to memorise and recollect the different Oriental zodiac652 words
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Article163 1988-11-12 12 “The simple fact is that when you think about Singapore, you think about Lee Kuan Yew. There are not many countries where immediately what comes to mind is the equation of nation and a personality.” New Zealand Prime Minister David Lange on Prime Minister Lee Kuan Yew, in163 words
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COMMENT/ Perspective
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Article, Illustration921 1988-11-12 13 BERTHA HENSON - BERTHA HENSON writing in Ihe Sunday Times ONK question which novel- fails to perplex mo is: ‘‘So what do you, as a Eurasian, think of this?" Once, it was a colleague seeking my view on the recent controversy regarding Malaywriting in Ihe Sunday Times - 921 words
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773 1988-11-12 13 TAN SAI SIONG - By TAN SAI SIONG in The Sunday Times IT IS something which I can feel in my bones but 1 needed the recent Straits Times-Berita Harian panel discussion on Singapore Malays to get the courage to articulate it. To bo more773 words
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Article, Illustration1313 1988-11-12 14 JOHN KENNEDY - By JOHN KENNEDY Special to Ihe Strjits limes Dunedin There was a bit of unaccustomed excitement in this tranquil land last month as New Zealanders waited for details on a radio flash of a street confrontation that had left one man deadSpecial to Ihe Strjits limes - 1,313 words
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728 1988-11-12 14 NINC JUITA - NINC JUITA I THOUGHT I had tried every method of finding out whatever hidden abilities I might have. A fortnight ago, however, a voice on the telephone offered intriguing new possibilities. Alarming, too. It mentioned fingerprints and signs on the soles of728 words
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Article, Illustration1706 1988-11-12 15 SALIM OSMAN - By SALIM OSMAN of the Foreign Desk PRIME Minister Datuk Seri Dr Mahathir Mohamad has made waves in Malaysia with his concessions to accommodate his critics who are seeking to revive the old IJmno. By inviting formerBernama picture. - 1,706 words
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Article, Illustration530 1988-11-12 15 popular among tourists/’ he added. — SHARON SIMON - popular among tourists/’ he added. SHARON SIMON. TOURISTS say shopping in Hongkong is cheaper, hut Singapore has greater variety. In all, they s|>ent $1.75 billion in the shops here last year. The most popular purchases were clothes, liquor and cigarettes, cosmetics530 words
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Page 13 Miscellaneous
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Miscellaneous40 1988-11-12 13 Scenes of Malaysian life FREEST! ?RteT! Q U/J» i IT) 7^ K 9 p |}££K7/ V Csrrte<" kick 1 PI&/QT). bone PR£££l7 tripping 1*1» W f ■ttamm C^ar^inj violently f kick!*'’ 1 ,f' V*-4-t T' A&Sf V^V (jotxl! pancjerous... Caw/40 words
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TIME$
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Article4533 1988-11-12 16 TRANSACTION DATE: NOV 04, 1988 Tel High Low Code Company 88 Last Sale orGr's YTd Vol Day 000) High Low Last Quote Buyer Seller 141 SECTION ONE INDUSTRIAL COMMERCIAL 95 i 1000 Acma 108 unch 09 7 108 108 106 85 42 1001 Alcorn 72 44,533 words
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Article52 1988-11-12 17 TIIE day-to-day ST Industrial indices and daily turnover for the week: MONDAY: 1,023.27 points (down 5.21); 9.19 m units (value $22.05m); TUESDAY: Dccpavali holiday; WEDNESDAY: 1,028.4« (up 3.19); 19.24 m units (947.1 m); THURSDAY: 1,014.12 (down 12.34); 14.92 m units ($35.69m); FRIDAY: 1,015.03 (down 0.91); 17.22 m52 words
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Article86 1988-11-12 17 Rubber (per kilo) S’pnre Malaysia (cents) (sen) Nov 7 204.00 281.50 Nov 8 Holiday Holiday Nov 9 198.00 279.00 Nov 10 195.SO 278.00 Nov 11 192.50 275.50 Palm oil Crude palm oil MS/tonne November 1037 50 (south) 10?5 (central) Refined palm oil US$/tonnes RBD palm oil November 40786 words
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Article84 1988-11-12 17 iiui »u«i Reuter HONGKONG Inspired by the surge on the Tokyo market, Hongkong closed firmer yesterday despite light profit-taking Brokers said the profit-taking came late in the afternoon. The Hang Seng Index closed the week at 2,583 74 points up 6.73 from the previous close but 0.77■ iiui »u«i Reuter - 84 words
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284 1988-11-12 17 Weekly sharemarket report VICTORY for Vice-President George Hush in the I’S presidential eleetions failed to stimulate the Singapore stoek market as volumes stayed low and prices continued to erode in lacklustre trading. The week started poorly, with turnover down to below 16 million units284 words
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Article382 1988-11-12 17 Assoc Inti Hotels 2 40 unch Bank Of East Asia 17 10 0 1 Capital Corp 0 67 unch Cathay Pacific Air 8 75 unch Cheung Kong China Light 7 35 16 90 005 0 1 City Resource* 1 13 001 Cross Harb Tunnel 15 20 unch382 words
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147 1988-11-12 17 NST. KUALA LUMPUR Late light buying stemmed the selling tide but was not strong enough to revei-se the trend on the Kuala Lumpur stoek market yesterday. Prices closed mixed-to-easi-er and the day's only bright spot was the listing of KFC Holdings. The counter wasNST. - 147 words
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139 1988-11-12 17 Interbank Foreign currency Local dollars to one unit of foreign currency Australian dollar Canadian dollar NZ dollar Sterling pound US dollar 1.6719-1.6747 1.6089—1 6111 1.2608—1.2634 3.5386-3.5424 1 9670—1 9680 Local dollars to 100 units of foreign currency Austrian schilling Belgian franc (com) Danish kronor139 words
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776 1988-11-12 18 LIM ENG HAI - BY LIM ENG HAI SINGAPORE'S homegrown banks bounced back last year to become the most profitable group of financial institutions with a 30.8-per cent jump in combined profits. The 13 full-licence local hanks, led by DBS Bank, had lost776 words
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Article276 1988-11-12 18 Managers' prices for November 12 14 Singapore Unit Trust The Commeiie 095 101 the 3a»mjs fund 083 089 S po'e P'o( fund 0 38- 0 4? Spore See fund 063 068 'i pore in,eit fund 06/ 0/? S pore (quit* fund 048 -0 62 Asia Unit Trust Mat276 words
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305 1988-11-12 18 EARNINGS at property group Singapore I «and took a beating during the last financial year as the associated company which owns the Marina Square shopping mall suffered heavy operating losses. But seemingly undaunted by a much-reduced earnings of only two cents a share,305 words
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Article179 1988-11-12 18 A $6O-million marine oil terminal is being planned for Pulau Brani, in connection with the $1 billion container terminal which PSA intends to build there. Double the size of the present Tanjong Pagar oil bunker terminal, the new facility is intended to cater to the179 words
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Article222 1988-11-12 18 Week ended Nov 4. Compiled by Business Times Final results Gross Group net Year lo Company dividend profit/loss (’000) RMl 100 (100) M$3fi8 ($?59) lime 88 f A C B M$/.30?t ($3.36?l) Mar 88 llleonglnd 15(15) M$I0.789 ($7,630) June 88 Kemayan 15 (15) M$3,5?4 ($3,8??) Mar 88222 words
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Article42 1988-11-12 18 Company RIGHTS ISSUE lum Chang One h!4% loan stock with detachable TSR lor every three ordinary shares held Endate Oct 31 Books dose: Nov 11 Company BONUS ISSUE lum Chang One-for-three Ex-date: Oct 31 Books dose: Nov II Company OTHERS42 words
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Article339 1988-11-12 18 Company RIGHTS ISSUE C 1 Holdings 27 million loan stocks in the ratio of S3 loan slock lor every five ordinary skates held 0 C Bank One-tor two $0 75 per share Duto Cons One for one $1.10 per share F A C B One lor one $060339 words
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682 1988-11-12 19 LIM ENG HAI - By LIM ENG HAI THE outlook for all segments of the Singapore property market is “very bullish” for at least the next two years, says an investment research firm. In a recently-released review of Singapore property companies. Smith New Court Securities said it682 words
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532 1988-11-12 19 – R. R AJENDRAN - R. R AJENDRAN. THE Bank of Credit and Commerce International, recently charged with laundering drug money, this week took out a large advertisement in The Straits Times denying any involvement. BCCI, which was repeatedly denied a banking licence in Singapore by the Monetary Authority532 words
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465 1988-11-12 19 R. RAJENDRAN - Far ahead of arch-rival Hongkong By R. RAJENDRAN SINGAPORE is now the number two foreign exchange dealing centre in Asia, far ahead of arch rival Hongkong. Daily trading volume in foreign exchange, after hitting an all-time high of U 5553.4 billion in465 words
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Article763 1988-11-12 19 Current Ei Books Dele Total lor Total lor payment dele cloee payable the year laat year A Enterprises 5% III No* 2 No* 17 Dec 5 7% 10% A 1 S 1 tO%lbi Jan 6 Jon 20 Jon 31 10% 5% Asiotic Dev 2% HI Oct 1? Oct763 words
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FORUM
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Article, Illustration1570 1988-11-12 20 A ‘ridiculous misuse of authority’ NOW that the panic over “The Last Temptation” by Nikos Kazantzakis, the eminent Greek novelist, has subsided and now that 1 have been able to retrieve and re-read my copy of the banned masterpiece from the benign1,570 words
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190 1988-11-12 20 IT IS heartening to hear from Dr Tony Tan, the Education Minister, that his ministry is looking into, among other things, the terms and conditions of service of the teaching profession which, he said, should be comparable to those of the market (ST,190 words
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487 1988-11-12 20 WE REFER to the report “The Lord’s Prayer not the work of Jesus, says group" (ST, Oct 26) in which a group of people comprising the Jesus Seminar alleged that the •Lord's Prayer was the work of early Christians and not of Jesus.487 words
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146 1988-11-12 20 I REFER to your report “Teo, Seong not in new Law Society council” (ST, Oct 28). Your report stated that my friend, Ms Teo Soh Lung, "did not get re-nom-inated for election as a council member of the Law Society” and that I “was146 words
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Page 20 Advertisements
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Advertisement96 1988-11-12 20 Dear Overseas Readers THE Straits Times welcomes letters 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 would96 words
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Page 21 Advertisements
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Advertisement413 1988-11-12 21 APPOINTMENTS MCS 819 Corporate Lawyer (Compensation: Attractive and Negotiable) Our client, a public listed company, requires a suitably qualified person to serve as the group's corporate lawyer. The successful candidate will attend to all the legal requirements pertaining to the group's activities, including joint venture proposals and agreements, interpretation and413 words
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Advertisement380 1988-11-12 21 -I*Eisai Company Limited Tokyo Japan is a Japanese multi-national pharmaceutical company that is dedicated to Research Development in the medical field. It has a turnover of US$l billion and its worldwide offices are in constant touch with new developments and discoveries. We are now on the lookout for someone who380 words
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Page 22 Advertisements
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Advertisement338 1988-11-12 22 APPOINTMENTS Singapore’s leading Advertising Agency seeks: GROUP ACCOUNTANT The successful candidate will be responsible for the accounting function of our group of companies in Singapore, Malaysia Hong Kong, plus budget forecast and control, corporate secretarial duties, taxation and legal matters, and management reports. Applicants should have 3 to 5 years338 words
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Advertisement481 1988-11-12 22 MANAGER MANUFACTURING A U.S. owned Multi-nalional company in the electronics industry with operations throughout Asia has a vacancy for a Manager, Manufacturing. As part of the expansion programme, the company will be embarking on an extensive manufacturing programme, adding on new products. The successful candidate should have the following: An481 words
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TIMESPORT
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Article, Illustration561 1988-11-12 23 WILFRED YEO - MALAYSIA CUP FINAL By WILFRED YEO FAIRY tales have no place in the modern soeeer world of dollars and rents, so the padl-field footballers of Kedah discovered last Sunday night as they succumbed 3-1 to Kuala Lumpur in the Malaysia Cup final at561 words
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Article52 1988-11-12 23 TOP-seed Xiong Guobao of China won the Asian championships men’s singles title when he defeated Malaysia’s Foo Kok Keong 15-9, 15-5 in the final at Bandar Lampung in Indonesia on Thursday night. In the all-China women’s singles final, unseeded Tang Jiuhong upset second-seed Huang Hua52 words
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Article163 1988-11-12 23 HORSERACING SIX-YEAR-OLD mare Measure II sprang a surprise when she defeated 13 male rivals to lift the $lOO,OOO Queen Elizabeth II Cup over 2,000 m at Bukit Timah last Saturday. Although a smashing winner of the Tunku Gold Cup in February and a good second163 words
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Article, Illustration361 1988-11-12 23 sio. – GODFREY ROBERT - OBITUARY: JOYCELYN SIMON DE SOUZA si o. GODFREY ROBERT. JOCELYN Simon De Souza, Singapore’s most revered and best remembered sportsman, said goodbye last Saturday. A final goodbye. With his death from pneumonia he was 87 an illustrious chapter in Singapore sports came to a close. Jossie, as361 words
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563 1988-11-12 23 GODFREY ROBERT - This article was published in The Sunday Times on the morning of the Malaysia Cup Final. By GODFREY ROBERT FANDI AHMAD says he carries an injury. That's the reason he could not confirm his appearance for- Singapore in the Merlion Cup, w563 words
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Article, Illustration766 1988-11-12 24 PATRICK DANIEL - By PATRICK DANIEL SYDNEY Prime Minister Lee Kuan Yew said yesterday he hopes for a reconciliation between the native Fijian and ethnic Indian communities to restore the country to parliamentary democracy. Speaking at a press conference in Suva before leaving for Australia at766 words
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Article, Illustration143 1988-11-12 24 MISS Tan Lay Khim, 24, buys and sells securities in her Job as a bond trader, but in the coming year, she will he busy selling Singapore as the new tourism ambassadress. The I.M-metre-tall National Cniverslty of Singapore business administration graduate impressed the judges143 words
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124 1988-11-12 24 HONGKONG A robbery trial here has been abandoned after seven days of legal argument because the judge had been reading a book right through. Court officials said on Thursday Judge Patrick O’Dea discharged himself from hearing the case after both prosecution and124 words
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448 1988-11-12 24 RITA GOMEZ - By RITA GOMEZ HONGKONG television magnate Deacon Chiu was arrested this week and charged with conspiring to falsify records of his bank, the Far East Bank. Chiu, 63, the owner of listed Asia Television (ATV) and co-developer of the proposed Tang448 words
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Page 24 Advertisements
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Advertisement7 1988-11-12 24 Nikon World't Flint I Wto iogrtpAk Sftltm7 words
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Page 24 Miscellaneous
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Miscellaneous51 1988-11-12 24 SUN TAN AS You SOlH(Lcuc,u USE First stand up fca. You a. Rights second, be loyal to y our friends > MY ScN THEAEAIt ThUjEl. things'You Should j Things you Should always re henri* AmD THIRD .IS».. M I UM» ’-‘2By Collette r wash your feet btfooL you bhter! --Sf/51 words
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