The Straits Times : Weekly Overseas Edition, 15 April 1989

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, APRIL 15, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/88
    20 words
  • 106 1 CHAMPAGNE bottles were popping last night for Singapore’s stockbrokers. Reason for the celebration: the Singapore Stock Exchange recorded its first-ever bil-lion-dollar trading week. In a week that saw new records set up almost every day, turnover soared to a massive 720.75 million worth a whopping $1.13
    106 words
  • 736 1  -  Party may quit Govt if MPHB deal is allowed to go through By ISMAIL KASSIM KUALA LUMPUR Hume Industries’ (Malaysia) Msl.l billion (***** million) bid to take over control of Multi-Purpose Holdings Berhad, the investment arm of the Malaysian Chinese Association, threatens to
    736 words
  • 326 1 HI'ME INDUSTRIES’ Msl.l billion (SST7S million) takeover hid for Multi-Purpose Holdings Bhd, announeed on Wednesday night, has the blessings of Malaysia’s eentral hank, Rank Negara. The hank effectively controls 10 per cent of Multi-Purpose’s 151 million shares through the MCA’s troubled co-operative, Koperasi Serbaguna
    326 words
  • 87 1 HUME’s shares resumed trading on Thursday after a five-day suspension and soared 70 cents on the Singapore Stock Exchange to $3.52 before closing at $3.38 for a 52-cent gain. But the share fell 14 cents to $3.24 yesterday. The shares had almost doubled in
    87 words
  • 241 1  -  By TAN LIAN CHOO, Bangkok Correspondent BANGKOK Foreign Minister Siddhi Savetsila will visit Singapore next week to negotiate a possible return to the Republic of thousands of Thai workers who were repatriated because of their illegal status in Singapore. Thailand hopes
    241 words
  • 115 1 A SUB-CONTRACTOR was charged in a district court yesterday with employing three illegal workers at a Katong worksite. Tee Kim Lam, 49, a managing partner of Sum Lian Hup Building Contractor. which deals in masonry work, was the first employer to be charged under the amended
    115 words
  • Page 1 Advertisements
    • 70 1 HHir*-**^** 3 Tbi ii«n f *r 4* >'<t—_ >"'. ''ij s£. I "*Wi'lßi»il> —mm Wemlk’rship has its privileges' HOME 260 doctors quit govt service in three years PAGE 7 Ex-tennis star Borg plans tourist-sports resort in S'pore PAGE 2 Electronics firms in hunt for 2.500 operators PAGE 4 CAUSEWAY Deputy
      70 words

  • HOME
    • 350 2 SWEDISH tennis star Bjorn Borg, who has made Singapore the Asian headquarters of his new business empire, is holding talks with a local party on the possibility of building a tourist-cum-sports resort in Singapore. The Bjorn Borg Group (BBG) plans a
      Picture by Yap Yew Piang.  -  350 words
    • 98 2 British exPM Heath to conduct SSO in two concerts MR EDWARD Heath (above), the former Prime Minister of the United Kingdom, and an accomplished musician, will be coming to Singapore to conduct the Singapore Symphony Orchestra In two fund-raising concerts at the Victoria Concert Hall in September. Prime Minister from
      98 words
    • 297 2 THERE is no trilateral defence relationship among Indonesia, Malaysia and Singapore, First Deputy Prime Minister and Defence Minister Goh Chok Tong has said. “Singapore maintains close bilateral defence relations with all Asean countries. We will build upon these ties to promote mutual understanding
      297 words
    • 176 2 A MAN of Middle-Eastern appearance walked out of a bank with $20,000 after pulling a stunt on an unsuspecting person. Dispatch rider Othman bin Daud, 40. told police he went to the bank in Robinson Road at 12.45 pm on Monday to deposit $60,000 in
      176 words
    • 39 2 HWA CHONG Junior College won a six-week television nutrition quiz competition, beating National Junior College in the final. The team won $2,500 cash and a trophy. Eight teams took part in the contest.
      39 words
    • 282 2 A LOCAL company, Singapore Test Services (STS), has been authorised to test aircraft components and structures to prevent their possible failure during flight. The testing service the first of its kind here and in the region is expected to boost the
      282 words
    • 246 2 ALL Singapore-made saline, the solution used to wet contact lenses, is being recalled by the distributors. The Health Ministry has given them until Saturday to withdraw their products as they have been found to be contaminated with bacteria. This is the
      246 words
    • 326 2 THE three-judge Court of Appeal on Tuesday turned down a request by the Hongkong-based Asian Wall Street Journal for an immediate judgment in its case against the Singapore Government. The newspaper, whose circulation here has been restricted to 400 a
      326 words
    • 238 3 ONE Housing Board block, among four wired for demolition by explosives, remained standing after the other three were reduced to rubble in Boon Lay Drive on Monday. The block that refused to collapse rested at a tilt amid the dust
      238 words
    • 152 3 TWO major foreign banks here have finalised flexiwage deals which will result in a 15-per cent jump in the total pay package of their junior executives. The pay hikes for more than 330 junior officers at Standard Chartered Bank and Hongkongßank are understood to
      152 words
    • 153 3 THE Public Utilities Board helped Johor to restore Eower after a massive lackout occurred there on Tuesday. It was the second time the board had supplied Sultan Iskandar power station with 50 megawatts of electricity to enable it to restart. This is part
      153 words
    • 43 3 THE former Rex cinema In Mackenzie Road is scheduled to open as the Fuji Ice Palace at the end of this month. the first-skating ring in Singapore since two others closed down in the Late 1971-s.
      43 words
    • 317 3 BETTER co-ordination and a more systematic approach to rescue work will result when the Civil Defence Force is integrated with the Fire Service. Civil Defence Commissioner Chng Teow Hua said this to The Straits Times on
      317 words
    • 328 3  -  Illegal foreign workers issue By TAN LIAN CHOO, Bangkok Correspondent BANGKOK The Thai Prime Minister, General Chatichai Choonhavan, told a prominent Singapore banker on Monday that Singapore should punish its own errant employers instead of subjecting illegal Thai workers to the cane. During his
      328 words
    • 183 3 FORMER Ambassador Harry Chan Keng Howe has moved from the diplomatic field to help run the Singapore Federation of Chambers of Commerce and Industry. Mr Chan, 63, a former senior civil servant who served as envoy to Cambodia, New Zealand, Egypt and India, has
      183 words
    • 530 4  -  Starting pay raised, promise of bigger bonuses By Goh Eng Yeow and Koh Bee Ann ELECTRONICS companies in Singapore are currently looking for more than 2,500 production operators to meet brisk orders. A check covering more than 30 electronics companies showed that the
      530 words
    • 54 4 A MAN who pleaded guilty to making video tapes without a licence, and possessing IK uncensored and 44 obscene tapes, was fined $45, H1, or 15 months’ jail, this week. Han How Inn, 27, did not pay the fine. The tapes were found in his
      54 words
    • 651 4  -  Court orders him to pay $161,000 first By AHMAD OSMAN OPPOSITION politician Seow Khee ling's appeal against paying damages of more than $500,000 for defaming the Prime Minister and his Cabinet colleagues is now hanging in the balance. The Court of
      651 words
    • 125 4 A IXXTOR and his friend of 20 years on Thursday pleaded guilty to behaving in a disorderly manner while in a drunken stupor. The doctor, Gunaratnam s o Alagarathan, 44, and j his friend, M Kovaiehelvan, 29. a container- operator, were fined $450 l and
      125 words
    • 49 4  -  STATISTICS THAT SHAPE THE COUNTRY By vurmori Afftrwai How the races add up 5 JV| The population at the end of last year stood at 2.67 million up by 39,100 people since December 1987. How its ethnic profile looked in recent years: Bisk data: Department of Statistics
      Bisk data: Department of Statistics  -  49 words
    • 101 4 FORMER world-ranking Filipino lightweight boxer Ignacio Fernandez, 83, has won yet another bout. He has successfully battled to overcome a severe illness and was discharged from Alexandra Hospital on Wednesday after being warded for 13 days. Doctors had to make an opening in his windpipe to
      101 words
    • 276 4 SINGAPORE’S top soldier and police officer were among 15 people who received honours from Malaysia's Yang di-Pertuan Agong on the occasion his 57th birthday last Saturday. The Singapore Armed Forces Chief of General Staff, Lt-Gen Winston Choo, and Police Commissioner Goh
      276 words
    • 511 5 ‘Soft’ drugs ‘not as innocent as they appear to be’ THE death penalty should lx» extended to ganja traffickers if the drug problem here is to be contained, the Senior Minister of State (Education», Dr Tay Eng Soon, said on
      511 words
    • 141 5 FOREIGN Affairs Minister Wong Kan Seng has accepted an invitation to visit Egypt. The invitation was conveyed to him by Egyptian Assistant Minister of Foreign Affairs Wafaa Higazy, who paid a courtesy ail on Mr Wong •junng a our-day visit which ends today.
      141 words
    • 376 5 THE Allan Ng insider trading trial has been set for another eight weeks of hearing starting from Sept 4 after the time put aside for it expired yesterday. The new date is almost a year to the day of the start of the trial
      376 words
    • 177 5 MRT commuters can now make and receive calls on their cellular handphone while travelling. Singapore is the first country in the world to have a telephone system that has this facility, said Singapore Telecom when it launched the system this week. The system allows handphone
      177 words
    • 57 5 A JOBLESS Malaysian, Koay Poh Seng, sentenced to death almost a year ago for trafficking in 150 g of heroin, this week lost his appeal against conviction and sentence. Koay, 25, was arrested in a taxi with the drug on him. His defence was that he
      57 words
    • 206 5 ENTER the Seahorse Balm. The daughter and grand-daughter of Mr Aw Boon Par, one of the Haw Par brothers who created the world-famous Tiger Balm, will continue the balm trade, although the Tiger trademark has been sold. Their Seahorse Balm,
      206 words
    • 148 5 Aussie boy on a wish-come-true visit to Singapore V ERY special young man visited the Singapore Zoo this week. Glen -lames Tebble, It, is suffering front a terminal illness called cystic fibrosis and as a last wish he asked to visit Singapore. Responding tc his lust wish, the Make-A-U'ish Foundation
      148 words
    • 214 5 FORMER lawyer Philip Wong Kai Chuen, who was recently struck off the rolls, is helping the Commercial Affairs Department in investigations into a case of criminal breach of trust involving atxiut $1.7 million. Wong, 47, the sole proprietor of the law' firm of
      214 words
    • 73 5 MEMBERS of the public have been invited to send written representations on the Companies (Amendment) Bill for consideration by the Parliamentary Select Committee appointed to scrutinise the proposed changes. Views should be sent to the Clerk of Parliament, Parliament House, Empress Place, Singapore 0617 by May
      73 words
    • 484 6  -  Bids range from $330,000 to $2.2m annual guaranteed fee By YANG MEI LING IT IS second time lucky for the newly-recon-structed Telok Ayer Market. The second tender to run the Victorian structure in the heart of the financial district
      484 words
    • 326 6 TWO JAPANESE tourists who sought the services of masseuses got more than they bargained for, a district court was told. Hours after their massage, they ended up poorer by more than $10,500 in money and valuables when they were robbed by one
      326 words
    • 96 6 RESERVISTS will have to respond to an open mobilisation call in half the present time once The Enlistment (Amendment) Bill 1969 is passed. The Bill, which had its first reading in Parliament last Friday, proposes a cut of response time to an open mobilisation activation
      96 words
    • 71 6 A MAN was charged in a magistrate’s court this week with throwing “killer litter’’ from the ninth floor of an HUB block. Tajudin bln Juradi, 26, was charged with endangering human life and the personal safety of others by throwing a bicycle
      71 words
    • 66 6 THE number of students involved in secret society and criminal activities is the subject of a question for oral answer fixed for the next sitting of Parliament. The MP for Changi, Mr Teo Chong Tee, is to ask the Minister for Home Affairs S. Jayakumar wherther there
      66 words
    • 66 6 A DEFENCE Ministry maintenance officer, Capt Lok Peng Tam, aecnaed In January on 58 eonnts of receiving bribes for suggesting amonnts to be quoted in tenders for vehicles-re-pair Jobs, had 188 more chargee preferred against him Inst Saturday. In all, he was alleged to
      66 words
    • 376 6  -  Charity suffers in pay row By SERENA TOH MORE THAN 350 Singapore Airlines staff, disgruntled over a wage dispute. have cancelled their monthly contributions to the Community Chest to register their displeasure It is the first time that such a “mass
      376 words
    • 209 6 TWO brothers, who committed a series of robberies and other crimes together, were each sentenced to 24 strokes of the cane, the maximum under the law, on Wednesday. Toh Tian 25, was also sentenced to nine years’ jail and Toh Chian Hoo, 23, to five,
      209 words
    • 237 7 SIX-YEAR-OLD Daniel Anthony has been spending his days crying over the thought that his pet golden retriever Copper would be taken away from him because of new Housing Board rules banning big dogs and mongrels. But his sorrow turned to
      237 words
    • 202 7  -  ALAN HUBBARD. LONDON Singapore Airlines has been voted the top gastronomic carrier of the airways. A business class meal of lobster with saffron mayonnaise, caviar and spiced chicken, washed down with Chablis, has won SIA the title "Food Airline of
      202 words
    • 144 7 TOURISM officials in Singapore and China are working to promote China as a destination for European travellers, using Singapore as a gateway. A spokesman for the Singapore Tourist Promotion Board said this week plans for a joint tourism promotion in Europe by the
      144 words
    • 76 7 A MANAGING director of a commodities trading firm was charged In a magistrate’s coart on Monday with criminal breach of trust of about $2 million. Ang 800 Seng, U, of Prosper Management in Shaw Towers at Beach Road, is alleged to have misappropriated $1,f78,4M
      76 words
    • 917 7  -  Trend towards private practice unlikely to decline By Gillian Pow Chong A TOTAL of 260 doctors left the government service in the three years 1986-88, but of these only 140 doctors went into private practice. No details were available about what the
      917 words
    • 242 7 A NANYANG Technological Institute (NTI) student who used the National University of Singapore (NUS) computer without permission has been suspended for one academic year and fined $5OO. NTl’s disciplinary board heard his case last Thursday. The institute’s Registrar Ling Sing Wong said he
      242 words
    • 48 7 SUB-CONTRACTOR Tan Tin Siong, 39, went on a window-bashing rampage in an underground car park “because he was facing some anxiety problems" a magistrate’s court was told. Last week he was fined $l,BOO for damaging eight cars, after he promised to compensate the owners.
      48 words






  • across the CAUSEWAY
    • 310 8 Expert advice sought from UK-based company K’JALA LUMPUR Bernama THE Johor Government is looking into the feasibility of privatising the State’s water supply, Mentri Besar Tan Sri Muhyiddin Yassin said on Tuesday. He told reporters that the state government was also considering privatising
      Bernama  -  310 words
    • 296 8 Bernama KUALA LUMPUR An application to institute contempt action agatns the Lord President, Tan Sri Abdul Hamid Omar, was filed by a member of the Malaysian Bar in the High Court registry on Tuesday, but was withdrawn minutes later by
      Bernama  -  296 words
    • 76 8 KI'ALA LI MITK Malaysia's 19 airports inay lx* privatised, according to a report In the Nanyang Slang Pau. The Chlnesc-language newspaper said in a report on Wednesday that the Minister of Transport, Datuk Ling Liong Sik, and the Keonomie Planning I 'nit In
      76 words
    • 388 8 Bernama KUALA LUMPUR Deputy Works Minister Luhat Wan has won a court battle to be declared the rightful owner of a Social Welfare Lottery ticket which won M 5125,000 (5588,250) in a draw. Justice Datuk Lim Beng Choon. who made the
      Bernama  -  388 words
    • 152 8 AP, ian ch NST. KUALA LUMPUR lawyer Che Man Che Mud, sought hy police In connection with a MJ22.2 million (K 515.5 million) fraudulent withdrawal from the Malaysian central hank, has surrendered, police said. The lawyer walked Into a police station in
      – AP,; ian ch NST.  -  152 words
    • 60 8 Bernama KOTA KINABALU Four women drowned and three other people were reported missing last Sunday after a boat carrying 26 passengers and three crew members capsized on the way from Kuala Penyu, in Sabah, to Labuan. Police said the boat hit a big piece of
      Bernama  -  60 words
    • 169 8 Ltd of Australia. Asgencies. KUALA LUMPUR Umno Youth protested against ai, Australian television documentary which it claimed depicted Malays as lazy, saying it could jeopardise bilateral relations. The youth wing of the party last Friday presented a note to the Australian High Commission protesting against
      Ltd of Australia. — Asgencies.  -  169 words
    • 276 8 Reuter, Bernama KUALA I.UMPUR A bomb blast which rocked an office of the British High Commission on Monday was not linked to the Salman Rushdie affair, Malaysian police said. "We believe it was carried out by people with criminal intentions," Kuala
      Reuter,; Bernama  -  276 words
    • 34 8 LUMUT An Australian Navy destroyer, HMAS Parramatte, arrived here yesterday from Surabaya for a two-week visit after taking part in a passage exercise with an Indonesian Navy ship, Kri Hassanudin.
      34 words
    • 74 8 KUALA LUMPUR The Government has ordered the latest model of the Rolls-Royce estimated at Msl.3 million (SSS23,OW) for the new Malaysian King, Sultan Azlan Shah of Perak, Malaysia’s Berita Minggu reported. It said only one RoUs Royce of this model had been produced and
      74 words

  • CAUSEWAY/ASEAN
    • 306 9 PENANG The Malaysian Chinese Association (MCA) wants to have a quota system In areas where the Chinese community have lagged behind such as positions in the civil service, award of scholarships and places in residential schools, The Star reported on
      306 words
    • 333 9 KUALA LUMPUR Three major Malaysian Chinese organisations have urged the government to base its post-1990 national economic policy on democratic principles and human rights, the Nanyang Siang Pau newspaper reports. The three organisations the Selangor Chinese Assembly Hall, the
      333 words
    • 241 9 KUALA LUMPUR Umno dissidents in the Spirit of '46 group may not field a candidate to contest the Bentong by-election, the group’s Pahang chairman, Tengku Datuk Azlan Shah, said. He said the group, led by former Trade and Industry Minister Tengku
      241 words
    • 100 9 Bernama. KUALA LUMPUR Queen Elisabeth of Britain will make a state visit to Malaysia In October and open a meeting of Cammonwealth heads ef government here, Foreign Minister Datnk Abu Hassan Omar said. He said Wlsma Putra had received an official reply from
      Bernama.  -  100 words
    • 132 9 Bernama. JASIN (Malacca) Malaysian Deputy Prime Minister Ghafar Baba is to propose to the Cabinet that the word ‘‘tax’’ be replaced by another term that is not so painful to the ear. He said that "tax” not only sounded harsh but also
      Bernama.  -  132 words
    • 85 9 KUALA TRENGGANU A law prohibiting the consumption of turtle eggs went into effect last week as part of the drive to save the giant leatherbacks from extinction. Those violating the ban face fines of up to Msl,ooo (SI700) or a maximum six months’
      85 words
    • 298 9  -  By TAN LIAN CHOO, Bangkok Correspondent BANGKOK Thai army Commander-in-chief General Chavalit Yongohaiyudh has proposed a regional conference of military leaders from Asia-Pacific countries, including those of Indochina. According to The Nation newspaper, Gen Chavalit put the proposal to the visiting Australian
      298 words
    • 250 9 AFP, Reuter. JAKARTA A military ban on student demonstrations imposed throughout Indonesia in 1970 is still in force, the armed forces daily said here on Tuesday, after a recent upsurge in campus protests. In a statement published in Angkatan Bersenjata, armed forces
      AFP,; Reuter.  -  250 words
    • 59 9 AFP. JAKARTA About 59 students here protested against a rise in electricity rates on Wednesday, two days alter the Indonesian military warned that demonstrations were prohibited. “Electricity (rates) go up, the fate of the people goes dark/* a student banner said, opposing last month’s announcement of
      – AFP.  -  59 words
    • 182 9 Direct ChiangmaiSingapore rail link urged BANGKOK The chambers of commerce of eight northern provinces have jointly proposed a direct railway service between Singapore and Chiangmai. the northern provincial capital known for its tourist attractions. The proposed service, dubbed the "Asian Expressway”, will connect Singapore with Chiangmdi via Kuala Lumpur and
      182 words

  • COMMENT/ Pick of the week’s editorials
    • 635 10 APRIL 15, 1988 AT A time when there are increasing calls from Singaporeans for a third university, it is a sign of the times that some of the O level students chose to join the polytechnics instead of junior colleges. The number of such students has doubled,
      635 words
    • 668 10 APRIL 14. 1989 THE Health Ministry's directive that distributors of locally manufactured saline solution withdraw their products by tomorrow must have been an eye opener to the thousands of contact lens wearers in Singapore. For some it may have jolted memories of an unexplained itch or
      668 words
    • 581 10 APRIL 11. 1989 PRIVATISATION of Singapore's public utilities has been on the cards for two years now, In March 1987 the Public Sector Divestment Committee recommended further studies on the possibility of divesting various operations of four statutory boards, including the Public Utilities Board (PUB). Last
      581 words
    • 603 10 QING MING LET’S think today of the letter “Q” as standing for Qing (meaning “clear”). From it, as spelt the Hanyu Pinyin way, emerges the words: Qing Ming and the Qing Dynasty. Qing Ming (Clear and Bright) is traditionally the Chinese equivalent
      603 words
    • 134 10 “We are conscious of a recent decline in what might be termed parliamentary manners. Exchanges are sharper and formal courtesies are fewer. This has been accompanied by an increase in low grade abuse and in members dealing with one another.*’ British House of Commons report on parliamentary behaviour.
      134 words

  • PARLIAMENT
    • 1039 11 Debate on Customs (Amendment) Bill FINANCE Minister Richard Hu last week assured Singaporeans that the “half-tank” law passed by Parliament would not be inconvenient to motorists visiting Johor Baru. All they needed to do, he said, was to cast an occasional
      1,039 words
    • 554 11 PUBLIC furore over the half-tank Bill is, in effect, a release of pent-up resentment over too much State tinkering with people’s lives, DR HONG HAI (Bedok GRC) said. Reactions from Singaporeans had been “vehemently negative” even among those who had
      554 words
    • 358 11 'People ask: Since when has Govt gone for half measures?’ Feedback unit head NEW Feedback Unit chief S. Chandra Das told the House what Singaporeans, from housewives and hawkers to taxi drivers, grassroots leaders and professionals thought of the "half-tank Bill". Many were unhappy with the Bill which was tabled
      358 words
    • 146 11 THE (rovernment will now be able to introduce rales to ensure that fuel gauges in motor vehleles provide an accurate reading of the amount of petrol In the fuel tank. Under the Road Traffic (Amendment) Bill, which Parliament passed last Friday, It
      146 words
    • 346 12 That 'half-tank’ rule SINGAPORE'S warm relations wilh Malaysia will not be affected by the half-tank ruling, Foreign Minister Wong Kan Seng told the House. “I think people should give us credit for working out a scheme like this to deal with a
      346 words
    • 212 12 NON-CONSTITUENCY MP Siew Choh launched a tirade against the Government’s move to implement the “half-tank-rule" on cars crossing the Causeway into Malaysia. The Bill was variously described by Dr I.ee as "unbelieveable", “illogical”, “irrational" and “absurd". It was also a protectionistic move, he
      212 words
    • 712 12 Law Minister winds up debate on Judicial Committee (Amendment) Bill LAW Minister S. Jayakumar said that it was precisely because the Government wanted to ensure investors’ confidence in Singapore that it had not completely abolished all appeals to the
      712 words
    • Question of ‘local conditions'
      • 131 12 The main argument here is that their local conditions are different. But what are the local conditions that are different 9 Are we in the jungle? Or are we in the Arctic, in the Antarctic? Why are we different? We have the same things over
        131 words
      • 136 12 If Dr Lee were to read these legal material, including judgments of the Privy Council, he will see the phrase ‘local conditions’ repeated over and over, and over again. Law cannot be distinct from the cultural context of any civilisation of any country. We live in
        136 words
    • 320 12 WHERE Mr Chiam See Tong (Potong Pasir) stood on the issue of cutting off appeals to the Privy Council led to an exchange that had the opposition MP on his feet protesting that he was not inconsistent. This was how
      320 words
    • 196 13 On illegal Thai workers HOME Affairs Minister S. Jayakumar denied in Parliament last Friday that the Government had been aware of the existence of Thai illegal immigrants in Singapore but had deliberately closed an eye as they were needed for the
      196 words
    • 406 13 ALMOST 80 per cent of the 10,000 Thai workers who overstayed here illegally and were recently repatriated had entered Singapore with valid visitor documents. Home Affairs Minister S. Jayakumar, who revealed this in Parliament last Friday said that they then decided
      406 words
    • PARLIAMENT in brief
      • 65 13 PARLIAMENT passed the Central Provident Fund (Amendment) Bill 1989 to allow Singaporeans and permanent residents the use of their CPF savings for a low premium insurance package against incapacity or premature death before they reach 55. The amendment, which would enable the CPF Board to
        65 words
      • 72 13 PARLIAMENT approved a sum of $1,681,200 for salaries of the President’s personal staff. The increase of almost $200,000 is due to a revision in civil service salaries and higher provision for medical subsidy for staff undergoing treatment in private and government hospitals and institutions. The
        72 words
      • 60 13 THE HOUSE also approved the increase in the Speaker’s basic salary from $17,400 to $28,100 a month. However, if he performs his job part-time his salary will be $11,240 a month ($9,500 a month previously). Like his predecessor, Dr Yeoh Ghim Seng, the present Speaker, Mr Tan
        60 words


  • Page 13 Advertisements
    • 740 13 REACH SINGAPORE FROM HOME To advertise, contact our representatives below: MALAYSIA: The New Straits Times Press (M) Bhd 31 Jalan Riong, Kuala Lumpur ***** Tel: *****44 Cable New Times' Tlx: MA ***** Fax 03 *****34 U.K.: Mr John Armour/Mr R Ramesh The Straits Times Press (London) Ltd 102-106 Temple Chambers,
      740 words

  • TIME$
    • 650 14  -  By SHARON LAU DBS Bank topped the Big Four banks for the third consecutive year its 1988 net profit of $200.2 million was $2B million ahead of United Overseas Bank, its closest rival. But for the current year, analysts are putting
      650 words
    • 563 14  - Shangri-La plans 400room block expansion By LEE HAN SHIH, By LEE HAN SHIH, Business Times Property Correspondent RIDING on record profits, the listed Hotel Ltd is planning to build a 400-room extension to its hotel of the same name. It is understood that plans for building a hotel block to
      563 words
    • 214 14 SPOT RATES DM Y SS HKJ AS US$/£ USJ Open ***** ***** l 9495 7 7990 0 8069 1 6990 Close 1 8776 132 50 l 9520 7 7800 0 8081 1 6960 Source *stler t Pterce COUNTER RATES Singapore dollar* to on* unit of foreign currency Buying
      214 words
    • 41 14 SHIPBUILDER and repairer Singapore Slipway Engineering Company has clinched three international contracts worth $7.5 million and is now planning to build new fishing vessels. Slipway is wholly-owned by listed Singmarine Industries, which is part of the Keppel group.
      41 words
    • 568 14 Weekly market roundup IT was almost certainly the most hectic five days* trading the Singapore Stock Exchange had ever had since the October *B7 crash. Turnover for the week soared to an astonishing 729.75 million units, with a massive 166.9 million shares
      568 words
    • 183 14 SINGAPORE brokers have been among the first asked to participate in China’s fledgling securities market, which is closed to foreign broking firms at present. Shanghai’s Jing An Securities, the first broking firm to be established in the country, recently invited one of
      183 words
    • 91 14 Rubber Closing prices (cents/kilo) Singapore 211 SO May down 1 25 cents Malaysia ***** May down half a cent Tin Closing pricss (M$/kilo) Kl Tin 28.95 280 Turnover Palm oil 125 tonnes (—20) Crude palm d (MJ/tonne) April 920 (south) 915 (south) Refred pakn d (USJ/tonne) RBO Palm 01
      91 words
    • 422 15 Output up seven times in decade to $4.6 billion YESTERDAY’S opening of a modern $390-million titanium dioxide factory caps a decade of rapid growth in the chemical industry. After electronics, the chemical industry whose output was $4.6 billion last year was easily the
      422 words
    • 507 15  -  By SHARON LAU THE Straits Times Industrial Index, which has been hovering around the 1,190-point mark last week, is likely to break 1,350 by the end of the year and 1,500 by the first quarter of next year, says
      507 words
    • 97 15 Roxy calls off its one-for-one rights issue KUALA LUMPUR Roxy Electric Industries (Malaysia) Bhd has called off its proposed l-for-1 rights issue of 135.64 million new ordinary shares. Roxy said the proposed rights issue of 135.646 million ordinary shares of Msl each had not been implemented because no underwriter could
      97 words
    • 60 15 KUALA LUMPUR Federal Flour Mills Bhd has proposed a 2-for-5 bonus issue of 34 mil lion shares of Msl each which will raise its issued and paidup capital from MsBs million (Ss6o million) to Msll9 million. The issue would capitalise M 517.25 million the entire
      60 words
    • 29 15 TIMES Publishing this week said Great Eastern Life Assurance Co and Oversea-Chi-nese Banking Corporation hold 14.69 million shares and 13.18 million $1 shares of the company respectively.
      29 words
    • 641 15  -  Lebar Road L.IM KNCi HAI. PROPERTY-BASED Straits Steamship is returning to the stock market for a further $l5O million, barely a month after it raised $6O million by selling some of its shares in just-listed shipping company Steamers Maritime Holdings. Straits
      641 words
    • 151 15 KUALA LUMPUR Widespread panic buying on Hinrsday pushed the price of tin on the Kuala Lumpur tin market to a new threeyear high of M 528.67 (S$».W) per kg. Brokers said the Msl.sd rise was the largest singleday gain on record. Everybody was caught off
      151 words
    • 53 15 AMBASSADOR Holdings this week disclosed that a Mr Chang Ching Chuan was the buyer on Tuesday of the 24.09 per cent stake in the former hotel-based company held by Amcol Electrical Industries chairman Mr Henri Chollet. Mr Chang paid $20.9 million or $l.lO a share for the
      53 words
    • 251 15 AFP KUALA LUMPUR The International Natural Rubber Organisation (Inro) ended an eight-day meeting here last week with agreement on an 8 per cent rise in market intervention levels, an Inro communique said. The Inro’s three exporting and 20 importing members also appointed Mr Pong
      AFP  -  251 words
    • 6765 16 All shares quoted have a par value of $1, unless otherwise specified. Adjusted for scnp/rifhts. N Tai-eiempted dividend P/E ratios and poss yields of foreipi shares are adjusted for currency differences. Trustee stocks under CPF Approved Investment Scheme, t Martin stocks. ABN is traded in lots of
      6,765 words
    • 271 17 Manager's prices tor April 15 17 Singapore Unit Trust The Commerce l 09 1 15 The Savings fund 0 94 lOOid Spore Prog fund 0 4? -0 46 Spore Sec fund 0 71-076 S'pore Invest fund 0 77-082 Spore Equity fund 0520 56 Asia Unit Trust Mai Invest
      271 words
    • 784 17 Friday April 14 HKt Amoy Properties 4 075 0 10 Asia Sec Ini I 2 525 0 05 Asia Sec Aar 91 0 74 -0 01 Bank ot EA 16 20 -0 10 Bond Corp Int 1 2 IS 4 0 025 Bond Corp War 91 0 59 001
      784 words
    • 53 17 THE Straits Times Industrial Index rose 57.41 points on the week. Day-to-day Indices: MONDAY: 1,141.47 points (np 5.31); 113.53m units (value 3141.15m); TUESDAY: 1,341.43 (up 4.44); 133.4m unite (3145.85m); WEDNESDAY: 1,314.43 (up 17.54); 144.4m units (3349.8m); THURSDAY: 1,241.31 (up 33.34); 151.83m units ($384.33m); FRIDAY: 1,344.37 (up 2.44);
      53 words
    • 49 17 THE New Straits Times Index rose 78.74 points on the week. MONDAY: 3,443.13 points (np 7.44); S4.48m units (value M974.74m); TUESDAY': 3,143.74 (up 11.47); 44.43m units (M343.44m); WEDNESDAY: 3,121.33 (up 17.44); 57.48m (M344.48m); THURSDAY: 3,153.43 (up 32.74); 57.33m (MSU4.11m); FRIDAY: 3,144.47 (up 4.54); 51.84m units (M3133.13m).
      49 words
    • 45 17 THE Hongkong Hang Seng Index raw 58.42 petnta to 3,182.71 palate. MONDAY: 3,421.43 (down 2.M); turnover HK|753.7Sm; TUESDAY: 3,434.44 (np 4.57); HKS724.S8 Mitten; WEDNESDAY: 3,444.14 (np 34.14); HK31.18 MUlen; THURSDAY: 3,471.13 (np 18.44); HKfl.71 million; FRIDAY: 3,413.71 (np 3J4) HK3l.ll Mitten.
      45 words
    • 669 18  -  1988 result second best in company’s history By DAMIEN LIM BOOMING vehicle sales and improved performances in its other main divisions last year have helped diversified Inchcape Bhd tc post its second best performance in its 17year history. For the
      669 words
    • 150 18 KUALA LUMPUR The Malaysian national car the Proton Saga will be sold in Singapore from October oy Cycle and Carriage Pte Ltd, a statement from the car company said on Wednesday. Proton's managing director Kenji Iwabuchi signed an agreement yesterday with C&C which was
      150 words
    • 410 18 COLD Storage Holdings has posted slightly better results for the year ended January this year, with its retail operations, food manufacturing and distribution business showing good improvements. The latest results which were adjusted as though Centrepoint Properties was hived off from Feb 1, 1987
      410 words
    • 632 18 Week ended April 7. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss ('000) Fuiitec 10 1,296c (1,7591c) Sept 88 0 U Securities 8 (6) $1,944 ($9331) Dec 88 Tonhow Ind 4 9(5) $560 ($638) Dec 88 U I
      Compiled by Business Times.  -  632 words
    • 159 18  -  the official said. KOICHI 18HTYAMA. TOKYO Mitsui Real Estate Development Co, Japan’s biggest real estate developer, has disclosed a plan to build a new 10-sto-rey condominium complex in Singapore. A Mitsui Real Estate official said the company would be investing 4 billion yen (5558.8
      159 words
    • 621 19  -  81,000 sq m amassed for sllom in six deals LEE HAN SHIH, Property Correspondent IN THEIR latest buying spree, Ng Teng Fong's Far East Organisation and Kwek Hong Png’s Hong I-eong group have snapped up more than $llO million worth of residential land
      621 words
    • 166 19 Malaysia, Vietnam sign join- venture business accords KUALA LUMPUR Several joint venture agreements have been signed between Malaysian businessmen and Vietnam, the newspaper Utusan Malaysia reported on Wednesday. It said Malaysian businessmen would set up textile factories in Ho Chi Minh City and Nha Tiang while a company would be
      166 words
    • 465 19  -  By GERRY DE SILVA WAGES of construction workers in Singapore are the highest in the Asean region, but only about half of those in Taiwan and Hongkong. On the other hand, Singapore's essential building materials such as cement and steel bars are among
      465 words
    • 40 19 OVERSEA-Chinese Banking Corporation has reduced its shareholding in its associated Harimau Investments Ltd by 375,000 shares or 0.74 per cent. OCBC now holds 14.22 million shares or 28.4 per cent of the listed closed-end investment trust.
      40 words
    • 458 19  -  By HOCK LOCK SIEW Business Times Columnist DURING the last couple of weeks, Malaysian stocks have captured investors’ dollars to lead the market. And no wonder. Malaysia’s economy is doing well, prices of commodities have improved, the ringgit is recovering from its bottom and
      458 words
    • 166 19 SINGAPORE’S advertising industry, whose total billings rose 23 per cent to $4OO million last year, is expected to continue its good performance over the next three years. This confident prediction was made yesterday by Mr Alexander Kroll, 50, Chairman and Chief Executive Officer of
      166 words






  • FORUM
    • 551 20 THERE has been much discussion of late about sending dogs to obedience schools (see, for example, Sunday Times, March 5). However, there is one species in dire need of such training but which seems to have been overlooked in the recent fracas
      551 words
    • 197 20 MY FRIEND has a daughter who is 16 years old. While doing her first-year A level course, she fell in love with a 19-year-old foreign student. During the school holidays in March, despite her parents’ objection, she sneaked out of the country
      197 words
    • 276 20 MINFONG Ho's letter. “Immersion good for language and values" (ST. March 15), proposes that Chinese girls should he offered the chance to study in Taiwan universities for one year after their A levels so that they may learn to tie real Chinese.
      276 words
  • Page 20 Advertisements
    • 237 20 IT* 3 StraitsTimes r «ratnt oV«tM>t tompw 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,
      237 words
    • 96 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 pcner. You may add a pseudonym if you wish. But we would
      96 words

  • Page 21 Advertisements
    • 972 21 APPOMTMENTS JOIN A WORLDWIDE LEADING SUPPLIER OF INTERNATIONAL INFORMATION SERVICES The Business We are a world leader in providing network-based telecommunication services. Our success has been based upon the consultative selling of business solutions to international companies with multi-site operations around the world. In Singapore we have a large and
      972 words

  • Page 22 Advertisements
    • 841 22 APPOINTMENTS SIMBL ASSISTANT MANAGER Singapore International Merchant Bankers Limited is seeking a high-calibre officer to be responsible for the development of a portfolio of domestic and regional banking assets, loan syndication, business development as well as credit monitoring and evaluation. The ideal candidate should have a strong accounting and financial
      841 words

  • TIMESPORT
    • 474 23  -  By J. RAJENDRAN ANYONE can play tennis, but few can play it like Bjorn Borg and John McEnroe even though they are no longer in their prime. Time may have eroded some of their speed, but the old magic has clearly not
      474 words
    • 280 23 SWIMMER Desmond Koh and squash player Lina Ong have been crowned Singapore's Sportsboy and Sportsgirl for 1988. This is the first time that Desmond, a Secondary Four student at AngloChinese School, has won the award. And he has more reason to
      280 words
    • 444 23  -  He gets offer to play for Singapore in M-Cup By JOE OORAI YUGOSLAV striker Boris Lucie is more than delighted with the offer to represent Singapore in the Malaysia Cup soccer competition, which starts on July 2. In fact, he is waiting anxiously
      444 words
    • 241 23 BENJAMIN LUI weathered the resistance of third seed Thomas Ang to capture the RPM National snooker title for the fourth time In one of the most exciting finals ever staged at the Singapore Billiards and Snooker Council Clubhouse last Friday night. Benjamin, $2, had
      241 words

  • 230 24 YESTERDAY’S opening of a new $390 million chemical plant in Tuas was especially significant for Trade iind Industry Minister Lee Hsien *Loong. He said the factory making titanium dioxide a pigment used in paint, ink and plastics marks the fruition of his first
    230 words
  • 354 24 ANOTHER $l3O million be pumped into the |x»nroleum industry over the next two to three years, underlining the confident outlook of oil companies here. It comprises two separate investments, the first by Singapore Refining Company (SRC) to upgrade its
    354 words
  • 123 24  -  their valuables. TAN IJAN CHOO. BANGKOK Two Singaporeans were killed and another was injured when an unlicensed taxi they were travelling in was involved in a head-on collision in Nakhon Sawan province last Tuesday, a Singapore Embassy spokesman has confirmed. The
    123 words
  • 104 24 PRESIDENT Wee Kim Wee chatting with the President of Togo, General (inassinghe Eyadema, at the Istana on Thursday. Gen Evadema was only the second visiting dignitary President Wee has received since he underwent surgery on Jan 16 to remove a cancerous growth, and a second
    104 words
  • 248 24 A MULTI-MILLION dollar racket involving the suspected bottling of doctored or imitation liquor under top brand names has been uncovered by Customs officers with the seizure of over 6,000 bottles from a Bukit Timah warehouse on Thursday. The warehouse raided is
    248 words
  • Page 24 Advertisements