The Straits Times : Weekly Overseas Edition, 20 May 1989
1989-05-20
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-05-20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, MAY 20, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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Article, Illustration487 1989-05-20 1 and in another move to get more people to take part in politics... THE Government has decided, in principle, to go ahead with an idea floated early this year to create a new category of MPs non-elected MPs to allow more people487 words
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‘Surrender and go home unpunished’
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264 1989-05-20 1 ALL illegal immigrants who overstay will get a last ehanee to go home without being punished if they surrender immediately to their embassies or high commissions for repatriation. This latest aet of goodwill by the Home Affairs Ministry comes before the authorities prepare to264 words
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Article57 1989-05-20 1 THE first batch of HO repatriatred Thai workers to return to Singapore arrived on Thursday in four buses all with valid papers to allow them to resume work on construction sites. Hundreds more are expected back in the next few days. Blitz on overstayers earns57 words
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Article, Illustration734 1989-05-20 1 But he must reside in Sentosa until Govt is satisfied he is no security risk SINGAPORE’S longestserving political detainee. Chia Thye Poh, was freed on Tuesday on conditions and moved to Sentosa. There, he can live with his family, work, move about freely and receive734 words
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Article704 1989-05-20 1 FIRST Deputy Prime Minister Goh Chok Tong last night underscored the Government’s firm commitment to the Malay-Muslim community with a package of offers to boost its self-help efforts. Opening the Mendaki II congress, the biggest gathering of community leaders in seven years, he said the704 words
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Page 1 Advertisements
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Advertisement55 1989-05-20 1 ‘Short-term’ MPs suggestion under study Page 2 INSIDE i HOME Tycoon pays s36m to help Peter Tham settle debt PAGE 6 Drug abuse a threat to survival of Malays PAGE 4 CAUSEWAY Govt may ban frivolous by-elections PAGE 10 TIMESDOLLAR I PAGES 14-19 I FORUM PAGE 20 BACK PAGE New55 words
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Advertisement9 1989-05-20 1 3Tbe n 4* n i Membership biis its privileges.9 words
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HOME
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Article, Illustration727 1989-05-20 2 Chok Tong: More may be willing to serve if it’s not for a lifetime THE People’s Action Party should explore the possibility of recruiting MP 1 who would serve for only two or three terms instead of for a who> r lifetime, First727 words
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Article, Illustration464 1989-05-20 2 PAP MPs threw a farewell party last Sunday for 14 of their colleagues who had stepped down on the eve of last year’s general election. But as the Prime Minister told reporters, it was also First Deputy Prime Minister “Goh Chok464 words
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COMMUNITY WEEK
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Article, Illustration284 1989-05-20 2 THE spectacle id a record lI.HO ncople kdning hands to symbolise racial harmony in Singapore will be the climax of more than 71 activities planned for Community Week this month. The week, from May ‘£o to May 28, will284 words
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334 1989-05-20 2 WHY is pork forbidden to the Malays? Why do Indians chew betel leaves? Why do the Chinese burn joss paper? These are just some of the questions that will be dealt with at three separate forums on customs and practices334 words
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Article, Illustration441 1989-05-20 3 Treat the patient, not the spine, symposium told 5.5 THE slow, circular movements of taiji, the ancient Chinese martial art, could help overcome a modern-day scourge the bad back. Making this suggestion was orthopaedic surgeon Professor P. Balasubramaniam, Vice-Dean of the441 words
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277 1989-05-20 3 THE hunt is on for Singapore's fourth national song in time for the nation's eight-month-long 25th anniversary celebrations next year. After the success of previous national songs, Stand Up for Singapore, Count On Mo Singapore and Wo Arc Singapore, the Ministry of Communications277 words
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117 1989-05-20 3 ANYONE caught smnklng in an MRT station or train from June 15 will be charged in court where he can be fined up to SSW. The MKT Corporation and Singapore MRT, in a bid to crack down on those who flout117 words
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Article183 1989-05-20 3 THE Minister for National Development has turned down an appeal for a change of heart on the Shangri-La Hotel’s proposed extension. In a letter to the Stock Exchange of Singapore, the hotel said it had received notice that its appeal for the extension in Orange183 words
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Article, Illustration416 1989-05-20 3 STAY in touch this is the message from a newly formed NUS unit set up to encourage National University of Singapore graduates to maintain close ties with their alma mater. Apart from co-ordinat-ing the activities of existing alumni such as416 words
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Article, Illustration305 1989-05-20 3 RELATIONS between the United States and Singapore are so well-cemented that controversies such as those.over the restrictions on foreign publications are but mere "ripples", former US ambassador John Holdridge said last Friday. Washington placed a premium on its good ties with305 words
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149 1989-05-20 3 A LAWYER is said to be helping the authorities in their investigations of a property that was ultimately sold to Hong Holdings. The Commercial Affairs Department confirmed that it was acting on a complaint against the sellers of the property. The lawyer is said149 words
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Article, Illustration913 1989-05-20 4 Increasing number of divorces another major social problem 'Heroin addiction moving rapidly to 1971 peak’ warning THE survival of the Malay community could be threatened in future if the growing number of Malay drug addicts is left unchecked. This grim913 words
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661 1989-05-20 4 MORE than 4M MalayMuslim leaders are attending a three-day congress which began yesterday have been asked to endorse a proposal to set op a new umbrella company to promote the educational, economic, social and cultural Interests of their community. Tentatively661 words
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Article, Illustration453 1989-05-20 5 MATHEW PEREIRA - By MATHEW PEREIRA PRIME Minister Lye Hoeng Fai said he took on the job to be involved in deci-sion-making while Prime Minister Tao Yeoh Chi accepted the post for the experience. The two top leaders of the Singapore Cabinet met their ministers last Friday to try453 words
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113 1989-05-20 5 BRITISH and Singapore aviation authorities failed to reach an agreement in their bid to increase flight frequencies, among other things, in their latest round of air talks. Yesterday, both sides reported that some progress had been made during the four days of113 words
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Article30 1989-05-20 5 THE licence of a local magazine called Artistic Monthly, which featured pictures of nude and semi-nude women in its first two issues, has been revoked by the Government.30 words
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Article156 1989-05-20 5 TELEPHONE paging will go international next year when Singaporeans travelling to the United States will only be a “page” away from their colleagues here. Singapore will probably be the first country in the Asia-Pacific to introduce direct international paging where a person overseas will156 words
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431 1989-05-20 5 Court halts gathering of evidence AN AUSTRALIAN businessman and his company this week succeeded in getting the High Court to halt attempts initiated by Australian authorities to gather evidence from witnesses here for a criminal prosecution in Australia. Peter Bazos, 46, the managing director431 words
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258 1989-05-20 5 SLEEPING in caravans, dramatic daily weather changes and getting oriented with contrasting landmarks and road-signs, cultures and traditions in a strange country THESE acclimatisation hiccups aside, morale is high among the Singapore police officers serving with the United Nations Transition Assistance Group (IJntag)258 words
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218 1989-05-20 5 IT LOOKED like any other shop in the complex. But beyond its shop front was a more lucrative set-up. Neatly arranged in styrofoam trays were row after row of counterfeit watches, bearing labels such as Rolex, Cartier and Gucci. The Lucky Plaza218 words
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Article, Illustration202 1989-05-20 6 Think no-one is watching you? Then think again, because someone is UTTERING Is on the rise again, especially ir. Housing Board estates. So a big crackdown on offenders has been mounted by special HDB anti-litter squads. Since they started on their campaign, about 30 litterbugs have been hooked202 words
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461 1989-05-20 6 LAWYER J.B. Jeyaretnam has questioned whether the Attorney-General was the •‘right and proper person” to have advised the President on his petition for a presidential pardon He said Attorney-General Tan Boon Teik had acted “as a judge in his461 words
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170 1989-05-20 6 THE body of a 57-year-old man was exhumed last week after being buried for 11 weeks to settle a $1 million insurance dispute. This came about after conflicting reports were given regarding the cause of Mr Mistry Noshir Jalejar’s death on Feb 27.170 words
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75 1989-05-20 6 SINGAPORE Airlines’ rente network will expend farther when It starts a trans-Atlan-tic service to Toronto In eastern Canada next April. Mr Um Chin Beng, SlA’s Deputy Chairman, sold the Innneh will open np porta at Canada whleh appeal to Asia’s adventurous travellers. “Canada75 words
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Article, Illustration497 1989-05-20 6 GERRY DE SILVA - By GERRY DE SILVA Khoo Kay Peng's move takes many by surprise ONE of Malaysia’s wealth iest businessmen, Tan Sri Khoo Kay Peng, has paid s3n million to settle a mul-ti-million-dollar suit against Peter Tham, the former Pan-Electric Industries director.497 words
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Article26 1989-05-20 6 THE Central Provident Fund Board has launched a new newsletter called "Employer Highlights’’ to keep companies informed of the Board’s latest policies and services.26 words
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Article, Illustration998 1989-05-20 7 ONG MING SEING - US-S’pore ties useful example for other nations BG Lee Trade and Industry Minister ;n Washington 3V ONG MING SEING 'Vnshinpioti urre pendent WASHINGTON Trade ,i i industry Minister Lee isien Loom* nas said Singapore’s reiaiions with he United States offer other euuntriis, auiniiarly n ne Nsia unfit*, an oppor‘unity to998 words
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282 1989-05-20 7 THE Japanese government should make greater efforts to gain ihe understanding of the United States Congress to prevent further trade friction between the two countries. This was the message Crime Minister la*** Kuan Yew left with a high-pow-ered SO-mcmber iauunese business mission282 words
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Article204 1989-05-20 7 ABBY TAN - ABBY TAN. Mangiapus MANILA Philippine Foreign Secretary Raul Mangiapus said that the freedom of the press is a way of life for the Filipinos who will not stand for a return to suppression. Mr Mangiapus was commenting on remarks made by Singapore's Trade204 words
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Article, Illustration51 1989-05-20 8 SHOWING OFF what she hopes will wow the judges at the Miss Universe pageant is Miss Singapore Pauline Chong. Her extravagant gown is In black and white. The Miss Universe finals will be held on May 23 in Cancun, Mexico. AFP picture. AFP– AFP picture. - 51 words
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550 1989-05-20 8 CAROLINE CHAN - Japanese, HK investors the biggest players By CAROLINE CHAN AT LEAST $6OO million worth of commercial properties in Singapore have been bought by foreigners in the past nine months. The foreign buying accounted for as much as 50 per550 words
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160 1989-05-20 8 CHINESE brush-painter Henri Chen, 29, will score a “first” for Singapore art and another for himself when his one-man art exhibition opens in New York’s Soho District next month The three-week show, from May 31 to June 25, at the prestigious160 words
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397 1989-05-20 8 A HIGH-LEVEL JapanSingapore economic advisory group, consisting of top businessmen and civil servants from the two sides, is to be set up next month. Well-placed sources confirmed that First Deputy Prime Minister Goh Chok Tong will officiate at the inauguration in Tokyo. They397 words
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Article216 1989-05-20 8 MR JOSEPH Chew, director of the Singapore Tourist Promotion Board, will return to take up a senior executive position at Singapore Airlines, from which he was seconded to the board. Mr Chew’s move on June 1 after more than four years with the board216 words
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Article53 1989-05-20 8 A 22*YEAR-OLD guest relations officer who went to Tanglln Police Station to make a report ended np having one made against her when a policeman found a copy of P Syed Abo Bakar pleaded guilty In a district court last week to possessing a banned magazine. She53 words
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Page 7 Advertisements
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Advertisement397 1989-05-20 7 NATIONAL UNIVERSITY rtf' >-> OF SINGAPORE-= DEPARTMENT OF ELECTRICAL ENGINEERING The Department ot Electrical Engineenng invites applications for teach ng anc research positions from candidates with a PhD degree in one of the following areas Computer Communications Computet Svstems image Processing/Computer Vision Microwave Electronics iC Design/Fabrication Optoelectronics Semiconductor Device/ Process397 words
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across the CAUSEWAY
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Article, Illustration292 1989-05-20 9 Waste of public funds, says Mahathir and he says ‘no’ to Kim Sai taking up DAP challenge KUALA LUMPUR The National Front’s Supreme Council will meet next month to discuss a proposal by Prime Minister Datuk Seri Dr Mahathir Mohamed to292 words
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227 1989-05-20 9 KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad described as “mischievous” a leading British newspaper’s report that Umno received kickbacks (or concluding an arms deal with Britain. Dr Mahathir said the report by the Observer was published because of the227 words
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Article68 1989-05-20 9 KUALA LUMPUR The pells “Battle ef the Lees” Is eff. MCA deputy president Lee Kim Sal and Ms archrival DAP deputy secretary-general Lee Lam Thye announced on Thursday that they had decided net to resign their nerUamentary seats to contest a by-elec-tion to decide who68 words
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Article, Illustration522 1989-05-20 9 MCA man win» by-election with bigger majority KUALA LUMPUR Few people had doubts that the National Front would win last Saturday’s Bentong parliamentary by-election, but what caught everyone by surprise was the sheer size of its majority. The Front’s candidate, Datuk Lim522 words
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401 1989-05-20 9 Depositors ensured of dollar-for-dollar refund Star. KUALA LUMPUR The Koperatif Serbaguna Malaysia (KSM) issue has been resolved. Price Waterhouse, the receivers of KSM, said last Friday that It will make a “positive recommendation” to Bank Negara to accept Kamunting Corporation Bhd’s offer toStar. - 401 words
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216 1989-05-20 9 Beroama. KUALA LUMPUR The government has temporarily shelved a plan to build a new MJIOO-million (Ss7l- ill ion) terminal at Subang international airport to handle domestic flights, Works Minister Datuk Seri Sarny Vellu said. He told reporters that the Cabinet would decideBeroama. - 216 words
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Article, Illustration238 1989-05-20 10 PETALING JAYA - PETALING JAYA SIX people, including a boy, were killed when a light plane crashed into a ear and burst into flames on the Federal Highway leading to Subang International Airport on Wednesday. The plane, a Piiatus PC’S, was trying toReuter pleture. - 238 words
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292 1989-05-20 10 KUALA LUMPUR - KUALA LUMPUR NST. THE Attorney-General has filed an application in the Supreme Court an order to commit lawyer Manjeet Singh Dhillon to prison for alleged contempt of court. The order is being sought on the grounds of various accusations and allegations containedNST. - 292 words
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103 1989-05-20 10 PETALING JAYA Tengku Ahmad Raihan Tengku Lsmail, 26, a nephew of the Sultan of Pahang, was charged in a magistrate’s court on Thursday with the murder of his father, Tengku Ismail Tengku Mohamed, in their home in Petaling Jaya last week. Tengku Ismail, 63, a103 words
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180 1989-05-20 10 NST. JOHOR BARU A ceremony to mark the birth of Umno will be held at the lstana Besar on May 11 every year, Umno secre-tary-general Datuk Mohamad Rahmat said. “The Sultan (of Johor) had agreed that the giant Umno flag be kept at theNST. - 180 words
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Article, Illustration304 1989-05-20 10 Wire services. TWO former Malaysian premiers have abandoned a court battle over the legitimacy of Prime Minister Mahathir Mohamad’s New Umno. Tunku Abdul Rahman, Malaysia’s first Prime Minister and Tun Hussein Onn, Dr Mahathir’s predecessor, told the Supreme■ Wire services. - 304 words
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157 1989-05-20 10 NST. PENANG Former Prime Minister Tunku Abdul Rahman said that he was grateful to the government for agreeing to pay for his eye oj>eration in New York next month. He said although this was not the first timeNST. - 157 words
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330 1989-05-20 10 Bernama. KUALA LUMPUR A bill to amend the National Language Act to provide for wider use of Bahasa Malaysia in the courts will be tabled in the next session of Parliament, Deputy Prime Minister Ghafar Baba said on Tuesday. The Bill– Bernama. - 330 words
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Article139 1989-05-20 10 JOHOR BARU Umno Youth has expressed regret that many party and government leaders checked in at Singapore hotels when they attended the Umno 43rd anniversary celebrations on May 11, the Malay tabloid Watan reported on Tuesday. A spokesman of the movement’s international bureau, Mr Zaharin Mohd139 words
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CAUSEWAY/ASEAN
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Article, Illustration328 1989-05-20 11 KIJALA LUMPUR Workers from six estates in Batang Berjuntai near here want top executives of the National Union of Plantation Workers to declare their assets, The Star newspaper reports Such a move, said the workers, would help restore their confidence328 words
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207 1989-05-20 11 NST. JOHOR BARU Many Singaporeans are taking advantage of the cheap ringgit to perform the haj with the Malaysian Pilgrimage Fund and Management Board (Luth) this year. Each Singapore pilgrim saves between 552,300 and 552,900 buying the Luth package with flights departing fromNST. - 207 words
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Article, Illustration480 1989-05-20 11 TAN LIAN CHOO - By TAN LIAN CHOO Bangkok Correspondent BANGKOK Cambodian resistance leader Prince Norodom Sihanouk has warned that the communist forces of the Khmer Rouge would launch a "blitzkrieg” in October in an attempt to overrun Phnom Penh and regain power in480 words
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364 1989-05-20 11 JAKARTA Agencies. INDONESIA has slashed the amount of money foreigners must put in to invest in the country, and opened up previously restricted industries to new domestic and foreign capital. State Planning Board chairman Saleh Afiff, told reporters that minimum foreign investment hadAgencies. - 364 words
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228 1989-05-20 11 Reporter forced to eat his words at gunpoint AP, AFP. MANILA President Corazon Aquino has ordered a probe into claims by a reporter that a paramilitary officer had forced him to eat a newspaper Reporter Luis Reyes of the Ang Panahon (Time) newspaper in Masbate province claimed on Thursday thatAP,; AFP. - 228 words
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167 1989-05-20 11 Reuter. BANGKOK Thailand is resisting a US request to withdraw Thai workers from a Libyan plant that Washington says produces chemical weapons, a Thai official said. Colonel Muammar Gaddafi’s government has threatened to expel all 75,000 Thais working in Libya if the chemicalReuter. - 167 words
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COMMENT/ Pick of the week’s editorials
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Article616 1989-05-20 12 MAY 20. 1988 THE conditional release of political detainee Chin Thve Poh to the island of Sentosa is welcome news. Detention, whether for political or criminal reasons, is an unpleasant although sometimes necessary action in the affairs of any state. No government is ever proud, or ought to616 words
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Article646 1989-05-20 12 MAY 18. 1989 TOMORROW, another major step in the continuous effort to uplift the socio-economic lot of Malays in Singapore will bo taken. This is the owning of a congress to discuss the establishment of Mendaki 11, an institution whose aim is to tackle the educational, economic,646 words
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Article647 1989-05-20 12 MAY 17. 1989 A WELL-KNOWN lecturer in transport economics used to begin his lectures to fresh batches of students with the warning that there are three topics on which everyone considered himself an expert sex, politics and transport. Singaporeans are apt to agree with this, especially the647 words
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611 1989-05-20 12 BUGIS STREET BUGIS Street was an old street in Singapore with an old picturesque Chinese nickname. But unlike most of the others of their time and ilk. its nickname is still in wide use here, albeit, largely by Chinese speakers. It is611 words
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Article152 1989-05-20 12 “In this country, a husband has a legal obligation to support his wile, even though they may be living apart. But a man has no legal obligation to support his mistress even If they are living together.” British High Court judge, Peter Millett, in dismissing a palimony claim.152 words
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FOCUS
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Article, Illustration1286 1989-05-20 13 LEONG CHAN TEIK - NEWS OF CRACKDOWN HAS SPREAD FAR AND WIDE By LEONG CHAN TEIK LOCAL authorities and foreign diplomats here agree that the recent crackdown on illegal foreign workers costly as it was in effort, money and some diplomatic goodwill1,286 words
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684 1989-05-20 13 TAN SAI SIONG - By TAN SAI SIONG TWO words guaranteed to be conversational starters wherever you may find yourself are pay and l>erks. for they are the very substance of earthly reward and ranking and no one save a saint feigns disinterest in684 words
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TIME$
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Article, Illustration617 1989-05-20 14 DOREEN SIOW - By DOREEN SIOW IN a move that will shake up the local retail scene, Singapore’s home-grown retail chain Metro Holdings has teamed up with Japan's giant Seibu Department Stores. A Metro statement last week said it had signed a letter of intent617 words
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284 1989-05-20 14 IN a bid to retain and reward outstanding employees, Overseas Union Bank and trading group Intraco Ltd have introduced share option schemes. Under the proposed OUB scheme, employees who are Vice Presidents (VP) and above at OUB, International Bank of Singapore and Overseas284 words
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Article, Illustration437 1989-05-20 14 Conrad Raj - MARKET, TALK By Conrad Raj AFTER refusing for years to state the full value of its properties, Straits Trading has finally disclosed their current worth. Tucked away in the notes to the accounts of the listed tin smelting and investment holding437 words
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Article, Illustration355 1989-05-20 14 LIM ENG HAI - By LIM ENG HAI IN ITS search for overseas opportunities, property group Straits Steamship’s sights are set on a hotel venture in the Soviet Union. After a series of visits, Straits Steamship senior executives had identified local partners for the company’s first Soviet355 words
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189 1989-05-20 14 NST. HONGKONG The Liberian government is again claiming diplomatic immunity for former banker Lorrain Osman after having withdrawn its protection for him two years ago. The Liberians have sent a formal note to the British Foreign and Commonwealth Office protesting against the manner inNST. - 189 words
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162 1989-05-20 14 SOFT drinks giant Fraser A Neave Ltd has sold all Its stockholding In Wearne Brothers Ltd for $37 million. In a statement to the Stock Exchange of Singapore, Wearne Brothers said FAN disposed of its entire stake of 7.12 million shares, which162 words
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557 1989-05-20 15 KEVIN GWEE - After-tax earnings may rank alongside aircraft supplier Boeing’s By KEVIN GWEE in Business Times WITH the continuing world-wide boom in air travel, Singapore Airlines Ltd’s after-tax is expected to climb above the billiondollar mark. Virtually all foreign and local analysts contacted by BT557 words
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Article, Illustration509 1989-05-20 15 LIM ENG HAI - By LIM ENG HAI OCBC Bank, whose land holdings and development plans have long been the subject of speculation, has set the stage for its entry into the “exciting” new field of property development. Apart from a condominium project in Tanjung Rhu509 words
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Article157 1989-05-20 15 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar I 9555 1.9745 Sterling pound 3 1462 3.1987 Australian dollar I 470b 1.5095 Canadian dollar l 6339 1 6627 NZ dollar 1.1564 1 1906 Singapore dollars to 100 units of foreign currency Austrian157 words
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Article108 1989-05-20 15 HONGKONG Panic selling caused by the crisis In China yesterday caused the Hongkong stock market to plunge 132 points, the biggest one-day drop this year. Nervousness spread rapidly as Institutional investors dumped their shares in heavy morning trading. By midday, the Hang Seng Index had shed108 words
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Article574 1989-05-20 15 Sharemarket review SPURRED by last Friday’s 56-point surge on Wall Street, and another 24 points on Monday, the Singapore stock market needed only two days of solid gains for the Straits Times Industrial Index to break through the psychological 1,300-point barrier on Tuesday morning. The ST574 words
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Article299 1989-05-20 15 MALAYSIA’S central bank has approved Kamunting Corporation’s acquisition of a 29-per cent stake in MultiPurpose Holdings, thwarting the earlier hostile takeover bid by Hume Industries. The move came as Hume lodged a complaint to the authorities that Kamunting had violated the takeover code by making299 words
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Article6628 1989-05-20 16 Al shares quoted have a par value of $1, unless otherwise specified. Adjusted for scrip/ri|hts. N Tai-exempted dividend. P/E ratios and gross yields of foreign shares are adjusted for currency differences. Trustee stocks under CPF Approved Investment Scheme. Margin stocks. ABN is traded in lots of 106,628 words
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Article301 1989-05-20 17 Manager’s prices for May 20 22 Singapore Unit Trust I he Commerce Ihe Savings fund Spore Prog fund Spore Sec fund S pore Invest Fund S pore Equity f und 113-1 ?0»d 101—107 0 46 0 50 0 77- 08? 0 8? 087 0 55 0 59 Asia301 words
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Article703 1989-05-20 17 Friday May 1* HKS Amoy Properties 405 -0 125 Asia Sac Int'l 2 625 •0 150 Asia Sac War 91 0 71 unch Bank ol EA 17 50 -0 70 Bond Corp Ini I 1 76 -011 Bond Corp War 91 0 42 -0 045 Cable Wireless 69 00703 words
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Article49 1989-05-20 17 THE ST Industrial Index and dally turnover for the week: MONDAY: 1,295.4« points (op 19.33); 113.4 m units (value $184.42m); TUESDAY: 1,3*3.48 points (up 8.08); 111.27 m ($21«.l«m); WEDNESDAY: 1,310.02 (up 0.54); 81.77 m ($173.11m); THI RSDAY: 1,300.71 (down 0.31); 05.00 m (8185.73 m); FRIDAY: HOLIDAY.49 words
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Article47 1989-05-20 17 THE New Straits Times Index rose 35.77 points. MONDAY: 2,248.81 points (up 27.05); 40.77 m units (value MsBs.3fm); TIESDAY: 2,255.35 points (up 0.54); 53.04 m (value M598.67m); WEDNESDAY: 2,254.40 points (down 0.80); 50.407 m (M503.615m); THURSDAY: 2,257.53 (up 3.07); 43.21 m (MsB3.olm); FRIDAY: HOLIDAY.47 words
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Article45 1989-05-20 17 THE Hongkong Hang Seng Index plunged 132 polntn. MONDAY: 3,300.04 points (up 31.21); turnover HKSI.S2 billion; TUESDAY: 3,280.50 (down 20.14); HKfl.s3 billion; WEDNESDAY: 3,240.41 (down 43. N); HKSI.O3 billion; THIIRBDAY: 3,277.« (up 31.25); HKSI.C3 billion; FRIDAY: 3,145.03.00 (down 132); HK$2.5 billion.45 words
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Article, Illustration475 1989-05-20 18 Tuas factory will be company’s most modern in world WITH a staff of only 35. Du Pont Singapore may not rate as a large outfit, especially as the American cnemical giant employs more than 140,000 people worldwide. But by475 words
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394 1989-05-20 18 liM ENG HAI - Sy liM ENG HAI FAST-MOVING businessman Ong Beng Seng nas broueht a new Japanese player into Singapore's property market to help him redevelop two old buildings in Gollyer Quay on either side of Change Alley into a new $3OO-mil-lion complex. The partner, a394 words
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144 1989-05-20 18 PRICES of consumer items rose 2 per cent last month, compared with April last year. The April Consumer Price Index (CPI) was also 0.7 per cent higher than in March. Food cost 0.7 per cent more compared with March, while clothing prices144 words
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Article74 1989-05-20 18 Rubber R6D Olein June July Closing pricM (conts/kHo) RBD Stearin Singapore 188 00 lune 340 (sellers) lune down 0 75 cents July 340 (sellers) August 340 (sellers) Malaysia 272 00 June down two cents Crude stearin Neutralised palm oil Unq Palm oil Crude palm oi (MS/tonne) Tin May74 words
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143 1989-05-20 18 THE Trade Development Board’s Chairman, Mr Alan Yeo, will lead a mission to China’s Sichuan province later this month, a spokesman for the board said. The nine-man mission will include government officials and representatives from various companies, including Yeo Hiap Seng, Indeco,143 words
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124 1989-05-20 18 FRESH from having resolved a controversial deal to buy out chairman S P Tao’s personal interests in the Gateway project, Singapore Land on Wednesday announced that his wife, Madam Liu Kwan Le has stepped down from the company's board. The resignation124 words
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Article201 1989-05-20 18 Week ended Mav 12. Compiled by Business Times k ended May 12. Compiled hy Business Times Final results Gross Jrouo net 'ear to Company dividend irofit toss (’000) 'nchcape 30b (18 4a; M$60,/04 v $53,2i9) Dec 88 Isetan 10 (7.3a) 511.728 t$5,353) Nnv 88k ended May 12. Compiled hy Business Times - 201 words
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373 1989-05-20 18 DESPITE recent weakening in the Singapore dollar, UK-based National Westminister Bank expects it to end the year at a strong 1.87 to the US dollar. The bank is carrying its bullish expectations over into 1991 in its review of the Asia-Pacific region, the373 words
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Article149 1989-05-20 18 SHAREHOLDERS of Singa pore Press Holdings have approved the conversion of the company into a “newspaper company” as defined in the Newspaper and Printing Presses Act. One of the main changes to arise from this conversion is the creation of a new class of shares149 words
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343 1989-05-20 19 NTA jumps from 51 cents to $1.24 WITH last year’s turnaround, the engineering and construction services (Troup held by United Engineers Ltd seems to be well on the road to recovery. After a decade of losses, its diversification and acquisition programme was rewarded343 words
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251 1989-05-20 19 Cycle Carriage pre-tax profit up 4% to $22m CAR distributor Cycle Carriage Ltd, which has the franchise for MercedesBenz and Mitsubishi cars, posted a 49-per cent rise in pre-tax profit to $21.7 million for the six months ending March. Turnover jumped 58 per cent to $256 million from $162 million251 words
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202 1989-05-20 19 Bernama. KUALA LUMPUR Four-digit lottery operator Magnum Corporation Bhd has returned to profitability with a group pre-tax profit of M 519.28 million (5513.88 million) for lasi year, from a pre-tax loss of M 5318,000 in 1987. The significant turnaround, achieved in the faceBernama. - 202 words
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83 1989-05-20 19 KUALA LUMPUR Toll operator Kamunting Corporation Bhd has completed its acquisition of a 32.5per cent stake in Malaysian Plantations Bhd for M 562.4 million (5544.9 million) from Dunlop Estates Bhd, the company has announced. In a statement to the Kuala Lumpur Stock Exchange, Kamunting83 words
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Page 19 Advertisements
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Advertisement743 1989-05-20 19 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.743 words
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FORUM
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552 1989-05-20 20 I had thought that by switching to an industry where I can enjoy my work, I would be closer to the self-actualisation level. I had outgrown the basic needs long ago. But recruiting managers think A otherwise. GRADUATE QUESTIONS VALUE OF EXTRA552 words
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557 1989-05-20 20 AFTER reading the article ‘‘New lawyers find it hard to get a job" (ST, April 17), 1 became apprehensive about my choice of course. I am among the many who have applied to read law at the National University of Singapore for557 words
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115 1989-05-20 20 I RFJFER to the report "NUS warns campus preachers against harassing students" (ST, April 20). It is, of course, not surprising to learn of such preaching, promoting or canvassing of religious faith in Singapore. Such activities have been reported many times115 words
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Page 20 Advertisements
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Advertisement236 1989-05-20 20 The StraitsTWs BB Now, keeping in l *mu oviHitt iptxm j 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,236 words
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Advertisement96 1989-05-20 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 peper. You may add a pseudonym if you wish. But we would96 words
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Page 21 Advertisements
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Advertisement1217 1989-05-20 21 APPOINTMENTS RJBA R. J. BROWN ASSOCIATES Switzerland/USA/UK/Singapore/Malaysia/Australia/Indonesia R J Brown Associates (RJBA) is an international consulting company engaged in engineering projects worldwide RJBA's main areas of activities are in the design, construction supervision, installation and project management of onshore and offshore pipelines, jetties, floating facilities, terminals and related facilities Due1,217 words
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Page 22 Advertisements
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Advertisement1079 1989-05-20 22 APPOINTMENTS A leading publishing company invites applications for the position of: HUMAN RESOURCES MANAGER ($50,000 to $70,000 p.a.) This is a senior management position in the company and will report to the Chief Exec utive. The incumbent will be responsible for the entire human resource function of the company whit1,079 words
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TIMESPORT
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Article, Illustration436 1989-05-20 23 JOE DORAI - By JOE DORAI TWELVE of the 24 members of the Singapore national soccer squad will be offered six-month contracts by the Football Association of Singapore from July 1 to play in the Malaysia Cup competition which starts on July 2. The number does436 words
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Article, Illustration430 1989-05-20 23 – JOE DORAI - Change of mind by FAS JOE DORAI. SINGAPORE have signed up another foreign player Yugoslav striker Josko Spanjic for the Malaysia Cup soccer competition starting on June 30. The move to recruit Spanjic came as a surprise because the Football Association430 words
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Article251 1989-05-20 23 SINGAPORE soccer is not short of godfathers. The Football Association of Singapore announced last week that it has raised S4M,MI from various sponsors and advertisers for the two-leg Pre-World Cup qualifying competition. The funds will be used to cover expenses for sending a squad of 18251 words
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75 1989-05-20 23 THE Sabah Football Association has engaged two English professionals and a New Zealand international for the semi-pro Malaysia Cup competition. The English players are Philip Bascock, 19, and striker Steve Ferguson, 26. while the New Zealander is nineteen-year-old Chris Zoriach. Bascock is with75 words
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Article, Illustration155 1989-05-20 23 KUALA LUMPUR Former Malaysian soccer international Mokhtar I)a--hari left for London on Sunday for treatment in liondoii for a "mysterious Illness.” Mokhtar, 35, spoke with a pronounced slur as he thanked the scores of soccer fans who were at Subang Airport155 words
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Article270 1989-05-20 23 ALBERT JOHNSON - SWIMMING by ALBERT JOHNSON ONE or both the swimming Oon brothers, Jin Teik and Jin Gee, may miss the coming South-east Asia Games in Kuala Lumpur in August but for different reasons. The Oons, who returned to Singapore at the weekend after completing their270 words
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Article447 1989-05-20 24 HIGHER parking fees, dearer petrol and an extended Area Licensing Scheme were announced this week by the Government to control traffic congestion in Singapore. It said that given the rapid growth in the number of cars on the road, these measures were necessary to447 words
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194 1989-05-20 24 Under the state-of-the-art ERP, vehicles are fitted with electronic number plates. As the vehicles pass designated roads, they are electronically monitored and their owners are billed accordingly. The statement said the need for restraints had become more urgent in recent months as194 words
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495 1989-05-20 24 ONG MING SEING - BG Lee in Washington By ONG MING SEING, Washington Correspondent WASHINGTON A prominent United States congressman who was one of the architects of the new US Trade Act has praised Singapore's free-trade policy in a meeting here with Trade and Industry Minister495 words
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Article, Illustration311 1989-05-20 24 SERENA TOH - By SERENA TOH SINGAPORE'S first surviving IVF quadruplets, and probably also the first In Southeast Asia, were born on Sunday Mother’s Day. And for the Thomson Medical Centre, where they were horn, the babies will be Its first aiid last set of quads as the311 words