The Straits Times : Weekly Overseas Edition, 8 July 1989

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JULY 8, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/88
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  • 578 1  -  Judge strikes off three of KL newspaper’s four defences By CHENG SHOONG TAT Kuala Lumpur MR Lee Kuan Yew has scored an important victory in a preliminary round of his libel suit against the Malaysian newspaper, The Sunday Star. The Singapore Prime Minister
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  • 582 1 PRESIDENT Wee Kim Wee has granted clemency to nine Indian nationals due to be given three strokes of the cane each for overstaying in Singapore. But their jail terms, which vary from three to eight months, stay. The nine, aged between 24 and 38, were
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  • 615 1  -  By SERENA TOH MORE Hongkong doctors and nurses have applied to work in Singapore following the Tiananmen crackdown, with about 20 doctors having done so in the past month alone. For the first half of last year, only nine Hongkong
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  • Page 1 Advertisements
    • 7 1 PM on China after Tiananmen Page 8
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    • 80 1 31b8 n» Membership has its privileges. HOME Lawyer Cashin cleared of disciplinary charges PAGE 3 Chok Tong sets 3 challenges for PAP’s women’s wing PAGE 2 URA looks abroad in big recruitment drive PAGE 4 More seek places in universities despite fees hike PAGE 6 CAUSEWAY UK shock for UoM
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  • HOME
    • 1252 2  -  PM’s libel suit against Malaysian newspaper By Cheng Shoong Tat KUALA LUMPUR High Court Judge Siti Norma Yaakob said on Thursday that she was convinced that the two articles published by the Sunday Star in 1987 which Mr Kuan Yew
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    • 982 2  -  By BERTHA HENSON FIRST Deputy Prime Minister Goh Chok Tong has set three challenges for the new People’s Action Party Women’s Wing, which he launched last Sunday. It should get women to discuss urgent national issues. organise activities to help women
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    • 117 2 A 39-YEAR-OLD man living ip the eastern part of Singapore has died from dengue haemorrhagic fever. The death of the man, living in Jaian Batu, off Mount batten Road, was reported to the Environment Ministry on Monday. He is the first victim of the disease
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    • 755 3  -  Court: He did not wrongfully retain costs awarded to client By BEN DAVIDSON SENIOR lawyer H. E. Cashin has been cleared of disciplinary charges which, among other matters, had accused him of wrongfully retaining legal costs awarded to a client. A three-judge court, which
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    • 170 3 THE new “flush or pay” rule aimed at inculcating good habits among users of public toilets came into force last Saturday but those caught flouting the rule during the first two weeks will be let off with a warning. An Environment Ministry
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    • 185 3 SECOND Deputy Prime Minister Ong Teng Cheong will lead a union delegation for an 11-day visit to the Soviet Union from Monday. The visit is at the invitation of Mr Gennadi Yanaev, secretary of the country’s All-Union Central Council of Trade Unions, the National Trades
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    • 437 3 Singapore celebrates SAF Day THE peace that Singapore has enjoyed since independence must never be taken for granted. If it is, Singaporeans will chase distractions, backslide, tumble downhill and end up a broken nation, the First Deputy Prime Minister, Mr Goh Chok Tong
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    • 150 3 THE AIR FORCE got its second general with the promotion of the Deputy Commander of the Republic of Singapore Air Force (RSAF), Gary Yeo (right) last week. Brig-Gen Yeo heads the list of 278 SAF officers who were promoted. The other air force general
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    • 459 4  -  Sources for top professionals include Hongkong, Australia, NZ and UK By NARENDRA AGGARWAL THE Urban Redevelopment Authority (URA) has gone on an aggressive recruitment drive overseas to prepare for its enlarged role as the National Planning Authority for long-term land use and development
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    • 380 4 THE wife of a banker, whose murder was allegedly planned by her and his foster brother, is the keywitness at the murder trial of three men which began in the High Court on Monday. The three men are:
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    • 244 4 THE Housing Board has set up a $4O-million private company to provide management and consultancy services possibly abroad The new company, called Cesma International, will also sell landscaping and advisory services, using the HDB’s vast pool of expertise and resources. Formed
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    • 158 4 AN exclusive club has been founded in Singapore, whose membership is restricted to people with an intelligence quotient or IQ of 148 and above. They must also be at least eight years old. The club, Mensa Singapore, was approved by the Registrar of Societies.
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    • 180 4 HOUSEWIFE Annie Chew, 55, fatally hacked her 14-year-old adopted son with an axe and then slashed herself to death with a chopper in a flat in Tanjong Katong Road on Sunday. Her mother, Madam Ng Ah Kiang. 80, told police later she
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    • 397 4 IT will be "happy hours" for undergrads at the National University of Singapore every Friday, but not everyone is saying “Cheers". The green light for "happy hours" at the Kent Ridge campus came from the Vice-Chancellor more than a
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    • 196 4 A FORMER lawyer has made restitution of $46,274 out of a total of $84,108 he misappropriated from his clients’ and office accounts, a district court heard this week. Munusamy Sugunaretnam, 55, pleaded guilty to one charge of criminal breach of trust of $69,738
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    • 101 4 ONE of THE largest single development contracts the Singapore Government has ever issued, a $463.98-million agreement with Japan’s Mitsubishi Corporation, was signed on Wedneaday. It is to supply mechanical and electrical equipment for Asia’s biggest rubbish burner. The Senoko refuse incinerator is scheduled to
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    • 619 5  -  Average price of $375 psf finds eager takers By LEE HAN SHIH in Business Times CONDOMINIUM prices are poised to move up again, following the unexpected and highly successful launch of the Kuok group’s Amber Point last week. The launch established a
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    • 250 5 BANKER-turned-judge Yong Pung How heard his first case on Monday. An accident claim, which was fixed for hearing for the whole day, was dealt with in chambers. The case Involved a steel-bender, Mr Teng Tiong Kong, 42, who suffered severe brain damage as a
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    • 247 5 BASIC wages in Singapore rose an average 6.4 per cent last year, more than double the 3 per cent in 1967, latest Labour Ministry figures show. The figure is higher than the 4 per cent thrown up by an earlier Singapore National Employers Federation
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    • 403 5  -  By PETER HAZELHURST, Tokyo Correspondent TOKYO Japanese and American leaders have cited Singapore and South Korea as examples of how developing nations can emerge as new industrialising economies by placing emphasis on the private sector as a major motor for
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    • 152 5 FLY to London for $790 that is the offer being made to Singapore students heading for studies in Britain. This one-way “student fare” is just one of the many special deals the British Alumni of Singapore has worked out with travel agents.
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    • 304 6 MORE students have applied to study in the National University of Singapore, although tuition fees have gone up this academic year. This is because loans are available, the university's Vice-Chancel-lor, Professor Lim Pin. said on Monday, adding: “With the availability of
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    • 526 6  -  Second class? No longer so, he says By NG WEI JOO DIPLOMA holders received a shot in the arm this week from Dr Tay Eng Soon, the Senior Minister of State (Education), who told them they should not “worry overtly" about
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    • 270 6 FROM Monday, the Government will be armed with a stronger weapon to fight corruption when a new law becomes effective. Under the Corruption (Confiscation of Benefits) Act, the Public Prosecutor may apply to a court for an order to confiscate the unexplained assets
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    • 166 6 A HORSE trainer on Monday pleaded not guilty to a charge of abetting and conspiring with his father to cheat a Singapore businessman of $250,000. Steven Jay Ong, 30, a former Singaporean who has since become an Australian citizen. is alleged to have conspired
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    • 63 6 A RESERVIST was fined $l,OOO this week for continuing to stay abroad after his exit permit allowing him to study in the United States had expired. Kenneth Looi Khye Cheng, 28, pleaded guilty to an offence under the Enlistment Act by remaining in the US from Jan
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    • 195 6 SINGAPORE Airlines has made it to the top again. It has been picked as the best airline for inflight services and the “best-managed” and “best financially-managed" airline in the air-travel industry. SLA beat the other airlines in inflight services in a survey done by a
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    • 328 6 A MAGISTRATE’S court this week ordered the promoters of the proposed Admiralty Country Club in Sembawang to return $1.92 million to those who paid to join it. The sum was seized by the Commercial Affairs Department after it received a complaint
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    • 196 6 Maggots-in-chilli-paste stallholder loses licence FLY maggots were found in chilli paste for moo gorong at a cooked-food stall in Telok Ayer Transit Food Centre recently. The hawker licence of the stall-owner, Mr Mohamed Kassim Maricar s o Mohd Maricar, 69, expired on Friday and the Environment Ministry has not renewed
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    • 25 6 MUSLIMS in Singapore will celebrate Hari Raya Haji on July 13, the Muslim religious leader, Mufti Syed Isa Semait, announced over radio.
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    • 463 7 s49m continuous promenade will be ready in four years THE pedestrian will feel like the king of the road when an upgraded and almost continuous promenade in the Orchard Road area is ready in four years’ time. The Public Works Department will begin work in
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    • 403 7 BETWEEN 30 and 40 new Aids cases may be detected in Singapore before the year is over. This figure would be double that of last year’s, when 15 Aids victims were detected. This forecast was made in the June issue of the Epidemiological
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    • 99 7 ABOUT 131, m public sector employees will receive an extra half-month bonus in their pay packet this month. The bonus Ls part of the Government's new revised salary package announced in March. The move is aimed at aligning civil servants' pay packets with those
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    • 54 7 AN EMPLOYER was fined a total of $2,000 by a magistrate’s court on Monday for employing Malaysians without work permits. Lim Beng Hwee admitted employing them as fitters and genera; workers for two days at the Sembawang Shipyard. He was fined $5OO on each
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    • 384 7 MR HOWARD Chia, the younger brother of Singapore property and publishing magnate Jack Chia, has made it once again to the latest tally of Australia’s 200 richest people who have a personal net worth of As3s million (Sssl million) or
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    • 196 7 NON-LEGAL staff in law firms have been directed not to use calling cards with the name, address or telephone number of their employers. The Law Society, which is believed to have issued the directive to prevent any attempt at touting, said
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    • 100 7 A LANGUAGE school in Kobe, Japan has recruited an all-Singapore staff to teach English to Japanese. Miss Floria Law, Miss Carolyn Tan and Miss Karen Chee,three fresh NUS graduates now teach English at Temasek Language School. Named in honour of Singapore,
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    • 79 7  -  ALAN HUBBARD. THE Singapore Youth Choir was adjudged the best of 15 countries at the Forty-third Eisteddfod an international music festival at Llangollen in Wales on Thursday. It was the second time they had carried off the prestigious award. “We won in 1924, on our 19th
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    • 778 8  -  f PM’s views on China after the Tiananmen killings By PAUL JACOB and MIKE YEONG BANDAR SERI BEGAWAN Prime Minister Kuan Yew was quoted on Wednesday as saying that China’s modernisation programme was irreversible despite the recent unrest there. He said although there
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    • 166 8 IT WILL be easier to catch a flight to Hongkong from September this year. Both Cathay Pacific and Singapore Airlines said this week that they will increase their number of flights between Singapore and Hongkong from September. This follows the recent revision
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    • 335 8 SINGAPOREANS who two week ago snapped up 35 fruit farms in Johor may not be able to realise their dream of owning an orchard retreat after all. The Johor State Government said this week said that while it gave approval to
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    • 166 8 THE National Theatre Symphonic Band (NTSB) has won a top prize in the ongoing World Music Contest in Kerkrade, Holland, on Sunday. It came out first in the contest’s Harmonic 2nd Division. It was the only Asian band to take part in the Symphonic
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    • 54 8 TWO Orchard Road touts, caught pestering tourists to buy “copy” watches in front of Lucky Plaza last month, were fined a total of $2,200 yesterday. Ong Thian Guan, 17, who had two previous convictions, was fined $2,000, while Lim Gee Heng, 19, whose first offence It
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    • 335 8 THE two recent China trade fairs in Singapore, held after Beijing’s crackdown against pro-democra-cy protesters, have been flops. The Hangzhou Silk Fair secured only one contract worth less than $120,000. Even the $32 million worth of deals netted by the second fair, the
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  • across the CAUSEWAY
    • 677 9  -  3y QUAH CHOON POH of the Foreign Desk JOHOR BARU The Johor Mentri Besar has told state assemblymen that relations with Singapore should be viewed in a constructive and positive manner. Responding to points raised by several assemblymen during the debate
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    • 127 9 needs of the country. Bernama. PENANG The retirement age for civil servants now set at 55 years for men and women will be retained, said a Malaysian minister. The decision was made by the Cabinet at its meeting last week after
      needs of the country. Bernama.  -  127 words
    • 38 9 KUALA LUMPUR Helicopter flights to Genting Highlands from Kuala Lumpur have resumed after a break of several years. A local company Helitrade is operating three flights daily during weekends from a helipad in Segambut.
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    • 308 9 JOHOR BARU The government will not build a new Kuala Lumpur international airport or relocate Subang but will instead concentrate on easing the passenger and cargo congestion it currently faces, Transport Minister Datuk Seri Dr Ling Liong Sik has said.
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    • 110 9 JOHOR BARU The ferry link between Tanjung Belugkor near Desarn, and (hangi Point in Singapore, will be operational by the end of next year, according to Minister of Transport Datuk Seri Dr Ling IJong Sik. Dr Ling, on a visit here,
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    • 232 9 Bemama. KUALA LUMPUR A police report has been lodged against a Malaysian minister and several others after pandemonium broke out last Friday at the 6th annual general meeting of Maika Holdings Bhd, the investment arm of the Malaysian Indian Congress (MIC). Three
      Bemama.  -  232 words
    • 260 9  -  By ALAN HUBBARD Europe Editor LONDON Medical graduates from the University of Malaya will, from Jan l next year, no longer be recognised for “full registration” under a new ruling Imposed by the British General Medical Council. They will instead be accepted
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    • 423 9 -NST. KUALA LUMPUR The British General Medical Council's decision to withdraw full recognition from the University of Malaya’s medical degree is unfair and ill-judged, UM Vice-Chancellor Professor Dr Syed Hussein Alatas said on Thursday. He said the decision was made without any in-depth study of the
      -NST.  -  423 words
    • 636 10 Bernama, NST. KUALA LUMPUR Malaysian Chinese are given a wide range of freedoms in all cultural, religious, educational and economic fields. Prime Minister Datuk Seri Dr Mahathir Mohamad said this week. He said the Chinese community in Malaysia was far better off
      Bernama,; NST.  -  636 words
    • 357 10 NST. KUALA LUMPUR The government will not retard the progress of the other races just to improve the status of the Malays. Deputy Prime Minister Ghafar Baba has said. It will not block the economic development of the
      NST.  -  357 words
    • 163 10 KUALA LUMPUR Former multi-millionaire-now-bankrupt business-man-politician Tan Koon Swan is now earning M 53.000 a month working in an American company, it was disclosed in the Dewan Rayak. From this sum, he is paying MSI.OOO a month to the Official Assignee towards his debts totalling
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    • 54 10 Bernama. MALACCA One-third of marriages registered in Malaysia end in divorce within a year, according to a survey by the National Population and Family Development Board. The survey also disclosed that in some states the rate of divorce was almost equal to the nnmber of marriages registered
      Bernama.  -  54 words
    • 268 10 NST. BANGI (Selangor) Future intake into Malaysian universities and colleges will be based on merit in order to check declining professional standards, Education Minister Anwar Ibrahim said. Emphasising the need to maintain the quality of graduates and professionals, he said the
      NST.  -  268 words
    • 258 10 Bernama. KUALA LUMPUR The Bar Council's recent attempt to have Lord President Tun Abdul Hamid Omar committed to jail reflected Malaysian lawyers' disrespect for the courts, Prime Minister Datuk Seri Dr Mahathir Mohamad said. Winding up the debate on the Internal
      Bernama.  -  258 words
    • 195 10 Bernama. KUALA LUMPUR The opposition Democratic Action Party has decided not to contest both the Teruntum and Tambatan byelections, its deputy secre-tary-general, Mr Lee Lam Thye, said. He told reporters at Parliament House on Tuesday that the party made the decision in view of general elections
      Bernama.  -  195 words


  • ASEAN
    • 22nd Asean Foreign Ministers Conference
      • 667 11  -  Task ahead after Cambodia is to ensure we continue to remain relevant to each other’ By PAUL JACOB and MIKE YEONG BANDAR SERI BEGAWAN Asean must begin to address the question of the grouping’s future now that the Cambodian conflict is nearing
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      • 360 11 SULTAN Hassanal Bolkiah of Brunei, opening the 22nd Asean Ministerial Meeting on Monday, said the six-na-tion grouping had been a pillar of stability and harmony in the region. As it was a vital regional organisation, he said, it was important that member
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      • 137 11 MALAYSIA has urged Asean to be Arm in its objective of emptying camps of Indochinese refugees and ensure no residue of these refugees is left in the Asean countries. in his opening statement, Malaysian Foreign Minister Datuk Abu Hassan Omar said this must be done
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      • 529 11 AFP. Asean Foreign Ministers on Tuesday approved a 30-page joint communique at the end of their two-day annual meeting. Here are the key points of the communique: Cambodia THE ministers stressed the need for a comprehensive political solution. They called for "an effective international
        AFP.  -  529 words

  • COMMENT/ Pick of the week’s editorials
    • 583 12 JULY 8, 1988 WHEN a giant, largely friendly, country commits a crime against humanity, it is a complex matter for the international community to decide on the appropriate response. First, it is only legitimate and natural for any responsible government to take into account the country's economic
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    • 618 12 JULY 7. 1989 DR TAN Cheng Bock's call for a change in attitude to vocational training may sound like the usual advice to parents not to think that young Singaporeans without university degrees had no prospects in life. His call in fact says much more
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    • 627 12 JULY 5, 1989 IF it was never easy to be a woman in the agricultural, sex-discriminatory society of yesteryear, to lead the life of a model wife, mother and career woman in a modern society can be no less onerous. Mr Goh Chok Tong's speech at
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    • 674 12 WITHOUT FANFARE IT was without a blaze of publicity just the way he wished it to be, that Mr Justice Yong Pung How, 63. began on Monday, his first day’s work in the High Court. A quiet day it was. That he
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    • 145 12 “We owe it to ourselves, to our supporters and, above all, to the Cambodian people to ensure that Prince Sihanouk Is not forced into a ‘dishonourable compromise’.” Foreign Minister Wong Kan Seng speaking at the closing of the 22nd Asean Ministerial Meeting. “This bullshit speech is an insult
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  • COMMENT/ Perspective
    • 1458 13 MR YONG Pung How joined the Supreme Court this week, bringing the number of judges and judicial commissioners on the Bench to 12. Despite this record high number, the shortage of Supreme Court judges is expected to remain a problem.
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    • 572 13  -  By ALAN HUBBARD London The old guard have brusquely indicated that they are not ready to be put out to grass just yet. Youth has had its fling, but today’s quarter-final line-up in the men’s singles shows that there’s plenty of life left
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  • TIME$
    • 356 14  -  No slowdown despite recent China turmoil By DOREEN SIOW GOVERNMENT-BACK-ED trading group Intraco Ltd is continuing its expansion into China despite the recent turmoil in Beijing by forming a second jointventure firm with a Chinese state-owned company. Sintrapaek Pte Ltd Intraco's second
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    • 475 14  -  By SHARON LAU IF CASH calls across the Causeway are flooding the Kuala Lumpur stock market at an alarming rate, the situation is just as bad in Singapore. Compared with the Msl.7 billion (Ssl.2 billion) of rights issues proposed in the Malaysian exchange
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    • 159 14 COUNTER RATES Singapore dollars to on# unit ot foraign currency Buying 00 Selling US dollar 1 9475 1 9665 Sterling pound ***** 3.2113 Australian dollar 1 4747 1.5142 Canadian dollar 1 6272 1 6588 NZ dollar 1.1135 1.1474 Singapore dollars to 100 unite ot foreign currency Austrian schilling
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    • 191 14 FORMER banker Allan Ng has sold his remaining block of 12.48 million shares in United Industrial Corporation (UIC) at $2.35 apiece, or a total of $29 million, through First City Holdings (FCH) to two investors thus week. The shares, representing a
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    • 58 14 INVESTMENT group Alexandra Holdings Ltd reported a 50-per cent increase in group pre-tax profit to $1.67 million for the year ended March 31. This was achieved on the back of a 70.8-per cent jump in turnover to $23.43 million. Directors have recommended an unchanged
      58 words
    • 217 14 LUXURY watch and jewellery retailer The Hour Glass Ltd has moved into the food business by buying Milano Pizza Restaurants Pte Ltd, which runs the popular home-grown pizza restaurant chain. The Hour Glass said last Friday it was subscribing for a
      217 words
    • 297 14 WITH the expected slowdown in the global economy, the Asian Development Bank has forecast that the Singapore economy will grow by 7.5 per cent this year but register a slower rate of 6 per cent next year. The bank said
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    • 347 14 HATIBUDI, a private company operated by Malaysia’s ruling United Malay National Organisation (Umno), has sold its entire controlling stake in United Engineers (Malaysia) Bhd (UEM) for a substantial profit. A report in the Financial Times last week quoted a senior Umno source as
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    • 77 14 CONSOLIDATED Plantations, the plantation arm of the Sime Darby group, has struck a deal to buy an edible oil company for $24.95 million. The seller Sime Darby Edible Products Ltd (SDEPL) is also a mem- ber of the conglomerate. It belongs to Sime
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    • 572 15  -  By STEVEN PAK IN S7TARK contrast to the despondent mood and general uncertainty pervading the stock broking environment during the closing months of last year, the first half of this year has experienced a strong resurgence of interest in local etpties.
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    • 231 15 IN ITS bid to be a leading property giant, Pidemco Holdings, the newly-estab-lished subsidiary of the Urban Redevelopment Authority, has appointed five prominent Singaporeans to its board and said it will seek a listing on the Stock Exchange of Singapore "at the appropriate
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    • 906 15 Current Ex Books Dote Total tor Total tor payment dote dose payable the year leel year Amcol 10% Jun 14 Jun 28 Jul 12 10% 9l%loi Asiatic Dor 35% May 22 Jun 5 Jul 4 '55% 5% Avlmo io%rcin Oct 14 Oct 24 No» IS I0%TE 25%U B
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    • 651 15 Index soars to new postCrash high Sharemarket review THE Singapore stock market soared to new postOctober 1987 crash heights yesterday with the Straits Times Industrials Index hitting a new high of 1,335.69 points for a gain of 27.71 points on the week. Turnover, though was lower at 535.04 million units,
      651 words
    • 176 15 AFP. KUALA LUMPUR Malaysia’s trade surplus fell 19 per cent in the first quarter of the year, compared with the same period last year, to M 52.42 billion (551.74 billion), the Statistics Department has announced. Malaysia recorded a trade surplus of M 52.99 billion
      – AFP.  -  176 words
    • 6626 16 All shares quoted have a par value of $l. unless otherwise specified Adjusted for scrip/rights N .Tai-e*empted dividend. P/E ratios and gross yields of foreign shares are adjusted for currency differences Trustee stocks under Approved Investment Scheme, t Margin stocks. ABN is traded in lots of 10
      6,626 words
    • 265 17 Manager's pricaa for July 8 10 Singapore Unit Trust The Commerce The Savings Fund S'pore Prog Fund S pore Sec Fund S'pore Invest Fund S'pore Equity Fund 1.13—1.20 101-107 046-0 50 0 76-081 0.80 —0 85xd 0.54-0 58 Asia Unit Trust Mai Invest Fund Mai Prog Fund Mai
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    • 579 17 Friday July 7 HKt Amoy Propartia* 256 1 75 -0 076 -001 Asia Sac War 91 0 50 14 10 «0.10 Bond Corp Int'l Bond Corp War 91 1 59 0.415 «0 00 *0 02 *0 035 1 40 *0 01 05« «25 -0 25 2 775 unch Cantury
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    • 64 17 THE Strait* Time* Industrials Index rose 28.02 point* on the week to 1,938.89 point*. Day-to-day Indices: MONDAY: 1,208.0« (down 0.01); 100.48 m unit* (valued 8114.11 m); TUESDAY: 1,908.88 (np S.TJ); 70.42 m unit* (8110.21 m); WEDNESDAY: 1,900.01 (np 1.18); 01.98 m unit* ($100.28m); THURSDAY: 1418.00 (np 19.00);
      64 words
    • 61 17 THE New Straits Times Industrials Index rose 48.02 points on the week to 2,818.44 points. MONDAY: 2,***** points (down 2.40); 21.212 m units (valued M898.991m); TUESDAY: 2,***** (np 12.44); 10.172 m units (M827.278m); WEDNESDAY: 2,280.19 (np 1042); ***** m suits (M848.20m); THURSDAY: 2407.00 (np 8.41); 51.822 m
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    • 49 17 THE Hongkong Hang Seng index rose 102.08 points to *****4 on the week. MONDAY: *****1 points (down 8.1); tnmover not available; TUESDAY: 2410.74 (no 4048); HK5094.70 million; WEDNESDAY: *****! (np 9148); HKBTIOJ7 million; THURSDAY: 24*49 (np 1848); HKBMA4O trillion; FRIDAY: *****4 (np 0.41); HK*****4 mDHon.
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    • 599 18  -  By SHARON LAU THE AMCOL group is buying The Octagon at Cecil Street from Societe Generale at a price tag of $l3l million. The 25-storey office block was put up for sale about a year ago by SocGen as mortgagee bank
      599 words
    • 115 18 THE Hong Leong group has failed to get its nominee, Mr Wong Hong Ren, on to Apollo’s board of directors at its recent annual general meeting. Barely three months ago, Hong Leong had made an abortive takeover bid for shares in Apollo
      115 words
    • 228 18 SESDAQ-LISTED Metalock (Singapore) Ltd has surpassed all forecasts of its results for the first full year of operations since its listing in April last year. For the year ended March 31, the specialist marine engineering and repair company saw group pre-tax profit jump 75
      228 words
    • 52 18 Reuter. JAKARTA Supply of rupiah was extremely tight In Jakarta after state«owned companies pulled large amounts of the currency out of state banks to buy US dolars, dealers said. "Everybody wants to buy dollars, but no one has rupiah to do it with,” a foreign dealer
      Reuter.  -  52 words
    • 362 18 Week ended June 30. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss (’000) G B Hldgs 40TE (40TE) $7,288 ($5,878) Mar 89 SPK Sentosa M$876L ($16L) Dec 88 Preliminary results Gross Group pre-tax Year to Company dividend profit/loss (’000) API M$9,758L ($11.752L)
      Compiled by Business Times.  -  362 words
    • 582 18 APPROVED ISSUES Company RIGHTS ISSUE Chuan Hop One tor two unsecured (looting rates notes with one TSP at S 05 per sha'e Ex date June 9 Books close: June 21 Acceptance Poyment July 31 Hotel Prop One (or two $M0 per snare with one de'ocnaole warrant
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    • 457 19 Foreign parties expected to be strong contenders MORE than 100 parties have been invited by the Standard Chartered Group to bid for its 42-storey office building at Battery Road, one of the best office blocks in town, market sources say. They
      457 words
    • 440 19 THE Thai government has received bids ranging from $6O million to a whopping $375 million for the development of its 18,386-sq-m embassy site on Orchard Road, the Bangkok Post said last week. Among the proposals submitted by Singapore bidders were several
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  • Page 19 Advertisements
    • 742 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,
      742 words

  • FORUM
    • 549 20 On the Tiananmen crackdown I REFER to your report “Protest in Singapore against massacre shows solidarity with people in China” (ST, June 26). The outgoing president of an opposition party alleged that the protest lodged by Chinese Singaporeans against the Beijing
      549 words
    • 679 20 AS an ex-teacher and as one who has had close eonnection with English schools in Singapore for more than 60 years, I would like to make some observations, based on my experience, regarding the teaching of Religious Knowledge in English schools in Singapore. Before World War
      679 words
  • Page 20 Advertisements
    • 234 20 i r rhe Straits limes eretaiv ;vlßSl*t lO*TtOM Now. keeDing in V_ touch with wnat’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
      234 words
    • 137 20 Dear Readers THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers. They should preferably be typed, doubled-spaced, on one side of the paper. Brevity is an advantage. We do not accept for publication letters copied to us
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    • 1068 21 APPOINTMENTS TZ7 SINGAPORE CIVIL SERVICE o tt National University Hospital Excellence: Our Mission. A Commitment Share our mission in providing personalised patient care with state-of-the-art medical technology. National University Hospital is a 700-hedded multi-specialty teaching hospital that offers you a career not a joh a commitment to achieve excellence in
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    • 1120 22 INSTITUTE OF POLICY STUDIES RESEARCH FELLOW Applications are invited for the post of Research Fellow in the Institute of Policy Studies. The Institute of Policy Studies is a non-profit think tank which is concerned with policy-oriented research on social, political and economic issues in Singapore. The successful candidate is expected
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  • TIMESPORT
    • 619 23 Nightmare M-Cup start for our Lions Singapore 1 Pahang 3 SINGAPORE made a nightmare start to the Malaysia Cup semi-pro Division One soccer competition when they were beaten 3-1 by Pahang before 27,301 paying fans at the National Stadium on Sunday night, writes JOE DORAI.
      619 words
    • 220 23 Kuala Lumpur 3 Selangor 0 Bernama. KUALA LUMPUR Malaysia Cop champions Koala Lumpur, won the opening match of the semi-pro football Leagne after beating Selangor 3-1 at Stadiom Merdeka on Satorday night. Former Singapore International Malek Awab pot his name into the record book
      Bernama.  -  220 words
    • 170 23 phan Jarunya. NST, Bernama. PENANG A freak curving lob by K. Sathiaselvam in the 65th minute gave Penang a 1-1 draw with Kedah in their Semi-Pro Soccer League Division One match at City Stadium here on Sunday. The visitors had taken the lead five minutes
      phan Jarunya. — NST, Bernama.  -  170 words
    • 164 23 KUCHING Sarawak are still playing the brand of spirited soccer that won them their first Malaysia Cup semi-final place last season, judging by their performance on Tuesday night. Although Sarawak were beaten 3-2 by defending champions Kuala Lumpur, they made the visitors fight
      164 words
    • 472 23 INTERNATIONAL galloper Colonial Chief gave trainer Ivan Allan a record eighth Singapore Gold Cup last Sunday. It was the four-year-old New Zealand-bred gelding’s first success in the Republic, the fourth country he has won in and the fifth he has raced in. The
      Picture by ALBERT SIM.  -  472 words
    • 222 23 A THREE-MEMBER panel of the Bnklt Turf Gub committee has recommend that lpoh trainer Malcolm Thwaites be disqualified for a year, after inquiring into the analysts’ report that a prohibited drug was found in the urine sample on Saratoga Special at the Singapore Derby meeting
      222 words

  • 1035 24  -  Asean dialogue partners agree: Go easy on Beijing By PAUL JACOB and MIKE YEONG BANDAR SERI BEGAWAN Asean and its dialogue partners from the developed countries emerged from their first session of the post-Asean Foreign Ministers’ annual conference on Thursday agreeing that China should not
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  • 565 24  -  press’ CATHERINE C. ONG. HONGKONG Dow Jones, the US owner of the Far Eastern Economic Review, has retired the magazine's two most senior men in the wake of declining profitability, caused in part by its circulation cut in Singapore. FEER f
    565 words
  • 605 24 Bernama. KUALA LUMPUR Deputy Home Minister Datuk Megat Junid Megat Ayub told Parliament on Tuesday of a conspiracy hatched in 1987 to topple and assassinate Sarawak Chief Minister Tan Sri Abdul Taib Mahmud. He said the plot was also
    Bernama.  -  605 words