The Straits Times : Weekly Overseas Edition, 5 August 1989
1989-08-05
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-08-05 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, AUGUST 5, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 42/8/8820 words
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961 1989-08-05 1 Foreigners with strong family ties here will also be treated more favourably FOREIGNERS married to Singaporeans or those with strong family ties here can expect their applications for permanent residence to be viewed more favourably from now. Home Affairs Minister S. Jayakumar told961 words
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102 1989-08-05 1 MORE than 2,700 Singaporeans renounced their citizenship over the last three years, Home Affairs Minister Prof S. Jayakumar revealed yesterday. Replying to Mr Teo Chong Tee (Changi) who asked for figures on the number of Singaporeans who had renounced their citizenship to102 words
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1051 1989-08-05 1 SINGAPORE is prepared to allow the United States to set up some military facilities here to make it easier for the Philippines to continue hosting American bases, Parliament heard yesterday. Announcing this, the Minister of State for Finance and Foreign Affairs, Briga-dier-General1,051 words
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Article386 1989-08-05 1 Illegal foreign workers BOSSES who knowingly employ more than five illegal immigrants or overstayers will be given three strokes of the cane under a new Bill introduced in Parliament yesterday. A Ministry of Home Affairs statement yesterday said this mandatory sentence will be meted out together386 words
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Page 1 Advertisements
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Advertisement87 1989-08-05 1 More views on HK migrants: Page 20 WHEN THE HONGKONGERS COME MARCHING IN: SEE VIEWPOINT, PAGE 13 HOME Boy, 14, lost $12,000 at mahjong and blackjack PAGE 6 Electronic Road pricing gets green light PAGE 4 ‘Suicide pact’ boy, 14, who changed his mind PAGE 5 Major exercise to revise,87 words
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Advertisement12 1989-08-05 1 s /AT.Hiirrayn ranr^-T»--^* 31b8 «UCKH w JU» til Membership has its privileges?12 words
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NEWS FOCUS
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696 1989-08-05 2 LEONG CHAN TEIK - By LEONG CHAN TEIK PRESSING debts back home and the shame of being repatriated from Singapore these reasons may make a handful of Thai illegal workers reluctant to take advantage of the696 words
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566 1989-08-05 2 STEVEN LIM - Perth college shuts down suddenly By STEVEN LIM THE state government of Western Australia has stepped in to help the 80 Singaporean students left stranded after a Perth college closed its doors last Friday, half way through the course. A spokesman for566 words
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116 1989-08-05 2 IPOH A Malay students organisation has urged the government to protest against Singapore’s policy of offering permanent residence to Hongkongers as part of its move to recruit skilled labour. The resolution adopted by the Federation of Malay Students’ Unions of Peninsular116 words
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209 1989-08-05 2 PRIME Minister Datuk Seri Dr Mahathir Mohamad has said Malaysia would consider granting permanent residency status to investors from Hongkong, the Lianhe Zaobao reported on Thursday. In a reference to Singapore’s move to relax its immigration rules, Dr Mahathir said that209 words
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362 1989-08-05 2 ALAN HUBBARD - By ALAN HUBBARD, Europe Editor LONDON Calling the Chinese “Chinks” is not racist, according to Britain’s Press Council. The watchdog body has refused to uphold a complaint against the tabloid Sun newspaper which has used the word “Chinks" several times this year362 words
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201 1989-08-05 2 Teacher who caned JOHOR BARU A senior teacher of a secondary school near Kuantan who caned 400 pupils last week did it because he “lost his cool,” The Star newspaper quoted the Education Ministry’s Director-General, Tan Sri Abdul Rahman Arshad on Tuesday.201 words
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PARLIAMENT
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382 1989-08-05 3 GOVERNMENT guidelines for Singaporeans wishing to marry work permit holders will be revised in line with the liberalised immigration policy, labour Minister York Suan told Parliament yesterday. These Singaporeans would be treated no less favourably than foreigners seeking permanent residence here for themselves and382 words
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550 1989-08-05 3 Act now used mostly against drug traffickers THE Government’s power to detain criminals without trial was given another five-year lease of life by Parliament yesterday. The House passed the Criminal Law (Temporary Provisions) (Amendment) Bill, giving the Act its eighth extension since it550 words
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Article297 1989-08-05 3 THE Public Utilities Board has completed site survey and soil investigation work on the Linggiu Dam project in Johor, Parliament heard yesterday. The PUB is now pre-quali-fying contractors for the construction work and the project is expected to be completed by the end297 words
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HOME
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Article, Illustration677 1989-08-05 4 If ratio of Chinese exceeds 76%, more Malay and Indian immigrants will be allowed. Long-term land-use study shows Singapore can have four-million population. Government will re-cycle surpluses by spending half-a-billion to $1 billion a year to upgrade HDB estates. Tough policies677 words
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Article, Illustration376 1989-08-05 4 PROBLEMS would arise if thousands of Hongkongers took advantage of Singapore’s recently-liberalised immigration policy and came here in one sudden rush but that is unlikely to happen. Brigadier-General (Res) Lee Hsien Loong, who said this on Wednesday night, added376 words
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119 1989-08-05 4 A STANDARD Chartered Bank officer was charged last week with 18 additional counts of misappropriating 32 share certificates valued at $244,244.68. No plea was taken from Peter Teo Bee Teck, 35. Teo is said to have been entrusted with the 14 Singapore Airlines119 words
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143 1989-08-05 4 HONGKONG resident who opt to nettle here must accept that Singapore is a multiracial society and make adjustment** to fit in, Mr Lira Boon Heng has said. The MP for Kebun Baru said: “We expect them to fit into our society.143 words
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Article, Illustration550 1989-08-05 4 RAV DHALIWAL - By RAV DHALIWAL THE Cabinet has given its approval for the introduction of Electronic Road Pricing, a sophisticated method of monitoring traffic flow and billing motorists who enter congested areas Revealing this last Saturday, Communications and Information Minister Yeo Ning Hong said it550 words
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125 1989-08-05 4 TWO new prisons to be built at Tana Merah Besar, near Changi jail, at a cost of $76 million, will have a host of special security equipment to make them escape-proof. The prisons, to accommodate 600 inmates each, are needed to relieve overcrowding125 words
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Article, Illustration377 1989-08-05 5 EMPLOYERS who knowingly hire illegal workers should face the same punishment as the illegal workers themselves now do, Mr Lim Boon Heng, the deputy secre-tary-general of the National Trades Union Congress, said. Writing in the latest issue of NTUC News, the fortnightly377 words
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Article, Illustration463 1989-08-05 5 A TEENAGE girl who made a suicide pact with her Canadian boyfriend died when she fell from the rooftop of a block of Housing Board flats. But her boyfriend, who was to have followed her,463 words
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139 1989-08-05 5 THE blockbuster movie Batman will be shown in Singapore at the end of the month, but its album by Prince has been taken off the shelf because two of its songs have been banned. Batman as a movie had been passed by139 words
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Article90 1989-08-05 5 A PRIVATE doctor who was ordered to be struck off the register for commiting adultery with a patient has filed an appeal in the High Court against the Singapore Medical Council’s decision. Dr Alex Ooi Koon Hean, 39, an obstetrician, was alleged to have taken advantage90 words
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165 1989-08-05 5 A FORMER staff nurse from a private hospital, who was found to be negligent in the death of a psychiatric patient, has been struck off Singapore’s Register of Nurses. The Singapore Nursing Board said in a statement on Wednesday that a disciplinary inquiry165 words
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303 1989-08-05 5 CINEMAS in Singapore are seeing brighter times again after two to three years in the doldrums. People in the industry say that more tickets are now being sold at the box offices because the Copyright Act has curbed the circulation of303 words
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299 1989-08-05 5 GERRY DE SILVA - By GERRY DE SILVA THE Advertising Standards Authority of Singapore (Asas) has decided to curb job advertisements which discriminate against applicants on grounds of sex, race or religion. But there will be some exceptions to the ruling where the299 words
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257 1989-08-05 5 SINGAPORE’S economic growth this year should exceed the Government’s original estimate of 6 to 7 percent if the United States economy does not slow down too quickly, Trade and Industry Minister Hsien Loong said last night. Brig-Gen (Res) Lee, speaking at a dinner257 words
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366 1989-08-05 6 then stole from dad to pay off his losses A 14-YEAR-OLD schoolboy ended a mahjong and blackjack gambling session with two other teenagers with a whopping loss of $12,000 then stole from his father to pay off the $5,000 he366 words
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163 1989-08-05 6 A SEX-CHANGE model jumped to her death after she had problems with boyfriends. It was her fourth attempt at suicide, a corner's court was told. Tiffany Shiroko Hazel Huan. 26. was found dead on May 10 at the foot of Block 7 in Mandarin163 words
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Article, Illustration355 1989-08-05 6 ROMEN BOSE - By ROMEN BOSE THE woman who made the Singapore Youth Orchestra (SYO) what it is today is quitting in a huff because of the lack of commitment of members. Miss Vivien Goh. Resident Conductor and Music Director of355 words
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89 1989-08-05 6 A WOMAN passenger asleep on a flight from New Delhi to Singapore on Monday felt someone touching her breasts. A court was told that the victim, a 24-year-old Singaporean, woke up and saw Balwant Rana, 34, hurriedly withdrawing his hand from her T-shirt.89 words
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248 1989-08-05 6 OPPOSITION MP Chiam See Tong will be part of a 15-member Singapore delegation to a meeting of Asean parliamentarians later this month. A happy Mr Chiam said this was the first time that he was being included in a parliamentary delegation representing Singapore248 words
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237 1989-08-05 6 LYNETTE ONG - By LYNETTE ONG THE long-awaited art theatre for serious movie buffs is expected to be ready by early 1991. Construction of the 350seat theatre, to be built next to Cathay Cinema in Dhoby Ghaut, will begin this month. The theatre, to be called Pieturehouse.237 words
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Article, Illustration561 1989-08-05 6 SHARON LAU - Lees’ holdings in OCBC Bank alone worth US$850m By SHARON LAU IT IS said that to be interviewed by Forbes magazine is an achievement; but to be included in its billionaire club is a rare honour one which two Singaporeans561 words
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243 1989-08-05 7 ALAN HUBBARD - By ALAN HUBBARD, Europe Editor LONDON A record eight Singaporean students have graduated with first-class honours from a British university. Following the recently-reported award of first-class-honours degrees in mechanical and process engineering to seven Singaporeans at Sheffield I'niversity, eight more243 words
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Article, Illustration227 1989-08-05 7 ALMOST half the households in Singapore are expected to fly the flag for National Day on Aug 9. There are at least 100,000 families who will be flying the State flag for the first time. They are people who have227 words
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Article, Illustration328 1989-08-05 7 THE trend in Singapore is for diploma-holders in science and technology to catch up salary-wise with degree-holders, National Development Minister S. Dhanabalan told Singapore Polytechnic graduands on Tuesday. This is already happening in the developed world, where "the earnings of some328 words
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256 1989-08-05 7 SO HIGH is the quality of instruction and students at the Japan-Singapore Institute of Software Technology that its diplomas have received accreditation from the Japanese government. The institute is the first outside Japan to earn this recognition from the Ministry of256 words
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149 1989-08-05 7 A FORMER national footballer this week claimed trial to four charges of corruption involving $6,900. M. Kumar, 37, until his arrest a sales manager with Singapore Newspaper Services, is alleged to have accepted $2,000 from newspaper vendor Kolanday Marimuthu for getting him the distribution149 words
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373 1989-08-05 7 THE response to Proton Saga in Singapore has been encouraging, with about 50 orders placed for the Malaysian-made car on its debut on Tuesday. Judging by this response, Proton looks set to give the East Europeans and Koreans373 words
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288 1989-08-05 7 SHAPE up or ship out that’s the light hint some airlines are dropping to cabin crew members who put on weight. They include Singapore Airlines and British Airways, with the UK national carrier even producing a set of desired height to weight288 words
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158 1989-08-05 7 POLICE have arrested six teenagers believed to be members of an all-girl gang involved in assaulting several other girls in Boon Lay Place last month. The suspects, members of a gang called the Teratai Mosquito Queen, are believed to have taken part in a158 words
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Article, Illustration727 1989-08-05 8 CHENG SHOONG TAT - A-G heads panel that includes judge, academics and lawyers By CHENG SHOONG TAT SINGAPORE is embarking on a major, systematic law reform exercise to revise, modernise and update the country’s laws. The task is being done by the Law Revision727 words
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Article, Illustration466 1989-08-05 8 CATHERINE C. ONG - By CATHERINE C. ONG, Hongkong Correspondent HONGKONG Hongkong movie-makers are setting their sights on Singapore and at least two major producers are negotiating with the Government to shift their film production to the Republic. Cinema City group, one of the466 words
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448 1989-08-05 8 SERENA TOH - By SERENA TOH THE Singapore General Hospital is going on an all-out nine-month-long recruitment drive for nurses. SGH's Nursing Administrator Wayne Remig said the hospital was tackling the shortage on two fronts: FOREIGN recruitment for the short-term. LOCAL recruitment for the long-term. On448 words
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285 1989-08-05 8 SINGAPORE is close to becoming a “truly great city”, said Mr Liu Thai Ker, Chief Planner and Chief Executive Officer of the Urban Redevelopment Authority, last week. To close this "last but difficult" gap, Singapore has to upgrade the craft of city285 words
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197 1989-08-05 8 ASIA Television Ltd. one of Hongkong’s two television companies, will be producing a two-part documentary on Singapore to provide information to Hongkongers who are considering emigrating here. A three-man television crew is now in town to do the filming. The first part of the197 words
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Article68 1989-08-05 8 THE Mass Rapid Transit’s eastern line is expected to go into service on Nov 18 ahead of schedule. Initially, the eastern line will operate from City Hall to Tanah Merah. Also from Nov 18, the southern extension from Raffles Place to Marina Bay will go into service.68 words
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across the CAUSEWAY
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Article, Illustration570 1989-08-05 9 ISMAIL KASSIM - By ISMAIL KASSIM KUALA LUMPUR Top National Front leaders have accepted the findings of the MCA that a clause in an Islamic Bill stating that non-Muslims were free to convert once they reach the age of570 words
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336 1989-08-05 9 Bernama, NST. KUALA LUMPUR The Malaysian Chinese Association (MCA) passed 10 resolutions at its annual general assembly last Sunday, including one which called on the leadership to ensure that any review of laws on religion should not infringe on the right toBernama,; NST. - 336 words
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99 1989-08-05 9 MACHAN’G (Kel&ntan) Malaysia has the highest rate of fatal road accidents in the world because of the carelessness of its motorists and other road-users, Deputy Transport Minister Da tin Paduka Zaleha Ismail has said. Studies showed the rate of fatal accidents in the99 words
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289 1989-08-05 9 It has never been considered, he says JOHOR BARU Deputy Prime Minister Ghafar Baba has been reported as saying that the Malaysian government had never considered a second link between Singapore and Johor. The Nanyang Siang Pau newspaper reported Mr Ghafar as289 words
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Article68 1989-08-05 9 Two drown after rescue NST. DUNGUN (Trengganu) A woman and her nine-year-old son drowned last Friday after being rescued from a river and put into a sampan which later overturned, when the boy’s father, who was also swimming, tried to get into the boat when he saw that he sonNST. - 68 words
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Article146 1989-08-05 9 Bernama. BUTTERWORTH The Penang Port Commission will look into the possibility of erecting a monument in memory of the 32 people who died in the tragedy here last year when the jetty collapsed. Commission chairman Syed Mohamed Aidid, who said this on Monday, earlier met theBernama. - 146 words
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Article, Illustration336 1989-08-05 9 KUALA LUMPUR A law student has alleged that she and a friend were confined for 45 minutes by security guards at the Central Market for holding hands. Miss May Chee, 20,336 words
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CAUSEWAY/ASEAN
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477 1989-08-05 10 Unemployment rate may drop below 7.9 per cent KUALA LUMPUR The number of new jobs which will be created in Malaysia this year is expected to rise beyond the projected 200.200, making it possible for the unemployment rate to fall below the 7.9477 words
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398 1989-08-05 10 ISMAIL KASSIM - No more bars on former members By ISMAIL KASSIM KUALA LUMPUR I'mno has decided with immediate effect to accept automatically all Malays who apply to join the party, the Prime Minister and Umno president Datuk Seri Dr Mahathir Mohamad398 words
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Article124 1989-08-05 10 already doing so. Bernama. JOHOR It\K( Johor Kuru Ml’ Datuk Shahrir Abdul Samad said the question of whether Umno would aeeept him as a member does not arise anymore, given the party’s Supreme Couneil decision on Saturday, which stated that anyone who renewed his membership wouldalready doing so. Bernama. - 124 words
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180 1989-08-05 10 Bernama. KUALA LUMPUR Malaysia will consider selling 35 of its Skyhawk aircraft currently lying idle in the Arizona desert in the United States, Defence Minister Tengku Ahmad Rithauddeen said on Monday. The jets are part of a batch of 88Bernama. - 180 words
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Article, Illustration256 1989-08-05 10 BANGKOK A Thai woman, known as the “Queen of Underground Investing", and seven associates were each jailed for 141,078 years by the Bangkok Criminal Court for swindling the public through a multi-million-dollar deposit-taking business. The court ruled that Chamoy Thipvaso. a household256 words
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Article30 1989-08-05 10 BANGKOK Thai Airways International banned smoking on domestic flights starting on Tuesday, a spokesman said. The move is part of an anti-smoking campaign, she added. AFP.30 words
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Article, Illustration293 1989-08-05 10 Yang Razali Kassim - By Yang Razali Kassim: Jakarta Correspondent JAKARTA Defence Minister General Benny Murdani has criticised the way some economically influential Indonesians acquire their wealth, it has been reported. A report in the armed forces daily last week, Harian Angkatan Bersenjata, quoted293 words
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190 1989-08-05 10 AP. MANILA Thousands of government employees launched a nationwide “day of protest” on Tuesday to demand higher pay despite claims by President Corazon Aquino that her administration cannot afford the increase. About 12,000 striking workers rallied in front of the Senate buildingAP. - 190 words
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120 1989-08-05 10 AFP. MANILA An anti-graft court here has ordered the arrest of Philippine tobacco king Lucio Tan, one of the richest men in the country, over his ties with deposed president Ferdinand Marcos, officials said. But lawyers for the Chi-nese-Filipino magnate, now in Europe forAFP. - 120 words
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COMMENT/ Pick of the week’s editorials
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Article668 1989-08-05 11 AUG 4, 1989 IT IS just six months since the Immigration Act was last amended, but the authorities have evidently found it necessary to introduce yet further changes to the law. This is clear from the agenda for today’s parliamentary sitting: According to the Order Paper668 words
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Article612 1989-08-05 11 AUG 2. 1989 AFTER the initial flurry following the Government’s decision to open Singapore’s doors to foreign talent, the time has now come to reflect on how to make this policy succeed. From the reactions of Singaporeans, it seems clear now that most believe that612 words
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Article615 1989-08-05 11 AUG 1, 1988 THE prize of Singapore’s economic success can be expressed in dollars and cents. But its attendant political price must, at times, be expressed in unpopular policies. This nexus was the theme of the speech by the First Deputy Prime Minister, Mr Goh Chok615 words
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579 1989-08-05 11 TWO OF A KIND FAIRFIELD Methodist school yesterday celebrated its 101st Founder’s Day. It was the first Methodist mission girls’ school here to go co-ed. This took place in 1983 when Fairfield became two separate schools in Dover Road Fairfield Methodist Primary579 words
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Article181 1989-08-05 11 “There is an alternative to the teeth of the Khmer Rouge and the jaws of foreign military domination. And that alternative can be found in a comprehensive settlement that gives the people of Cambodia both security and the chance to choose their own government, a settlement bound together181 words
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FOCUS/Analysis
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Article, Illustration2609 1989-08-05 12 6lt is the Government’s policy to maintain the present harmonious multi-racial balance of our society. Whether the population is 2.6 million, or 4.0 million, the pres- ent ethnic balance will be maintained. If the Chinese percentage goes beyond 76%, we shall increase the2,609 words
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800 1989-08-05 13 SANDRA DAVIE - By SANDRA DAVIE in Ihe Sunday Times MISS M. Lim, 24, was walking from her flat in the United States to the university campus when it happened. Six young boys confronted her, called her “Chingchong" and other names, spat on her and800 words
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727 1989-08-05 13 TAN SAI SIONG - VIEWPOINT By TAN SAI SIONG in The Sunday Times WE WERE lunching at our favourite dianxin haunt the other day when my colleague leaned across the table and hissed “Hongkies”. My ears pricked up and I shamelessly eavesdropped on the people at the next727 words
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TIME$
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Article, Illustration726 1989-08-05 14 WILLIAM CHIA - Ties could lead to one of region’s most powerful alliances By WILLIAM CHIA in Business Times THREE of Malaysia’s biggest Chinese-con-trolled conglomerates are forging ties that could lead to the emergence of one of the region’s most powerful business alliances. The three726 words
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Article141 1989-08-05 14 COUNTER RATES Singapore dollar* to on* unit of foreign currency Buying 00 Selling US dollar 1.9355 1.9545 Sterling pound 3.1548 3.2083 Australian dollar 1.4636 1.5030 Canadian dollar 1.6427 1.6719 NZ dollar 1.1377 1.1717 Singapore dollars to 100 units of foreign currency Austrian schilling 14.6151 15.1160 Belgian franc (com)141 words
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385 1989-08-05 14 STEVEN PAK - Group reports s63m pre-tax profit By STEVEN PAK REFLECTING wide expectations that Singapore’s listed shipyards would chalk up sharply higher earnings, diversified Keppel Corporation’s group pre-tax profit soared 86.3 per cent to $63.58 million at half-time. Group turnover for the six months ended June 30385 words
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437 1989-08-05 14 Geoff Harris - By Geoff Harris, writing for The Straits Times MELBOURNE An Australian stockbroking firm, in which Singapore’s UIC has an interest, has gone into provisional liquidation as it is unable to pay debts of almost Asl3 million (SslB.B million). The firm. Randall Cran437 words
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158 1989-08-05 14 UNITED Industrial Corporation (UIC) will probably see a drop in earnings for the next few years as it concentrates on the development of The Paragon and the adjacent land at Bideford Road. But the projects will later result in a stable source158 words
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252 1989-08-05 14 WANG Laboratories Inc, a leading US supplier of com-puter-based information-pro-cessing systems, has relocated its Asian distribution operations from Hongkong to Singapore. A new organisation, Wang South Asia Operations, has been formed from the merger of Wang Asia Distributor Operations (Wado) with Singapore subsidiary Wang Computers.252 words
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Article, Illustration568 1989-08-05 15 ROSIE TAN - JAPANESE COMPANY PUTS DEAL CM HOLD By ROSIE TAN in Business limes ROOMING real estate prices and strong growth in tourist arrivals have inflated the value of Khoo Teck Puat’s Singapore hotels. According to market sources, EIE568 words
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127 1989-08-05 15 HIGHER wheat costs and intense competition from imports have depressed earnings at diversified flour miller Prima Ltd in the first half of this year. For the six months ending June 30, group pre-tax profit dipped 3.82 per cent to $15.02 million although127 words
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Article, Illustration389 1989-08-05 15 KHAW WEI KANG - By KHAW WEI KANG AFTER hitting a record high of $2.76 billion in the first six months of the year, total trade between Singapore and China is headed for a downturn in the second half, say economists and389 words
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Article87 1989-08-05 15 SELANGOR Properties (Sel Prop) has turned in a 6-per cent rise in group pre-tax profit to M 54.27 million (Ss3.l million) for the six months ending April 30 on a 3-per cent higher turnover of M 522.48 million. Sel Prop attributed this to general improvements in87 words
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Article43 1989-08-05 15 CHUAN HUP HOLDINGS Ltd has announced that its rights issue has been oversubscribed by 6.3pc. The issue for $77.28m nominal unsecured floating rate notes (FRN) with transferable subscription rights (TSR 1994) has received acceptances for s7om and excess applications for $12.18m.43 words
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Article771 1989-08-05 15 Sharemarket review PERSISTENT profit-tak-ing after the Straits Times Industrials Index hit yet another new post-Crash high on Monday gave the Singapore market its worst weekly setback in recent months. At the end of trading yesterday, the index showed a net loss of 20.96 points on771 words
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Article147 1989-08-05 15 KUALA LUMPUR InterPacific Industrial Group Bhd, formerly known as Raleigh Bhd, expects to reap an extraordinary profit of M 589.2 million (Ss6s million) from the sale of its 32.8-per cent stake in Sports Toto Malaysia Bhd. At the group level, the extraordinary gain is expected to147 words
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Article6631 1989-08-05 16 AH shares quoted have a par value of $1. unless otherwise specified. Adjusted for scrip/rights. 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, t Margin stocks. ABN is traded in lots of6,631 words
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Article247 1989-08-05 17 Manager's prices for August 5 7 Singapore Unit Trust The Commerce The Savings Fund Spore Prog Fund S'pore Sec Fund S'pore Invest Fund S pore Equity Fund 116-1.23 104-110 0.47—0.51 0 73—0 78*d 0 82 —0 87 0.56—0 60 Asia Unit Trust Mai Invest Fund Mai Prog Fund247 words
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Article696 1989-08-05 17 Friday August 4 HKI Amoy Properties 300 -0 125 Asia Sec Int l 200 -0 05 Asia Sec Wa' 91 006 Bank ot EA 14 50 -0 30 Bond Corp Int 1 127 ■0 05 Bond Corp War 91 062 -0 06 Cable Wireless 63 00 Cale de Coral696 words
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Article63 1989-08-05 17 THE StrmltK Times Industrial* Index (ell 2U.K point* on the week to 1441.18 points. Day-to-day Indices: MONDAY: 1,372.29 (up 2.15); 134.1 m units (5198.37 m); TTKSDAY: 1,367.98 (down 5.21); 98.6 m units ($167.1m); WEDNESDAY: 1,362.27 (down 4.81); 192.5 m units (3181.63 m); THURSDAY: 1,359.71 (down 2.56); 192.8363 words
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Article56 1989-08-05 17 THE New Straits Times Industrials Index edged down 9.24 of a point on the week to 2453.26 points. MONDAY: 24*8.36 points (up 4.86); 65.615 m units (valued M598.566m); TUESDAY: 2457.86 (down 6.5); 46.731 m units (M582.861m); WEDNESDAY: 2464.58 (up 6.72); 56.143 m units (M588.375m); THURSDAY: Holiday. FRIDAY:56 words
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Article48 1989-08-05 17 THE Hongkong Hang Seng Index rose 52.32 points to 2479.97 on the week. MONDAY: 2471.98 points (up 44.33); HK31.44 billion; TUESDAY’: 2478.96 (op 7.88); HK3141 billion; WEDNESDAY: 2,582.83 (up 3.87); HK31.17 billion: THURSDAY: 2,634.58 (up 51.75); HK31.34 billion; FRIDAY: 2479.67 (down 55.51); HK31.764 billion.48 words
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560 1989-08-05 18 CHOW CHEE SUN - Purchase of 11.6 m shares gives them 20pc stake in company By CHOW CHEE SUN GTS TRADING (S) Pte Ltd, the investment and trading arm of Jakarta's Masagung brothers, has emerged as the largest shareholder of Sim Lim Investments, and may560 words
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405 1989-08-05 18 KHAW WEI KANG - By KHAW WEI KANG DAIWA, one of Japan’s Big Four securities houses, plans to inject about $7O million into Singapore’s fledgling venture capital market later this year. This will be in the form of a venture capital fund jointly set405 words
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355 1989-08-05 18 Reuter. HONGKONG Private sector banks are unwilling to finance Hongkong's ambitious plans for a second airport without guarantees from the government because of lack of confidence induced by China’s ruthless suppression of the prodemocracy movement. Hongkong has come to rely onReuter. - 355 words
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Article533 1989-08-05 18 Week ended July 28. Compiled by Business Times. Final results Gross Group net Year to Company dividend profit/loss (’000) K T Pau 52 (69) M$l,343 ($1,588) Dec 88 Mentakab 30 (20) M$733 ($488) Dec 88 Mt Pleasure M$6.683L ($6.932L) Jan 89 Polytek 2TE $3,970 ($2,440) Mar 89 TheCompiled by Business Times. - 533 words
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Article513 1989-08-05 18 Currant El Books Dato Total lor Total tor payment data don payable the year last year Alex Hldg» 6% lb) Aug 29 Sap 8 Sop 26 6% 6% Avimo lO%TCll) Oct 16 Oct 26 Nov 15 I0%TE 25% TE B Sembowong 35%lml Jul 21 Aug 2 Aug 14513 words
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520 1989-08-05 19 KOH BEE ANN - CSH could have got better deal on sale of CSM stake analysts Shares were sold at 22pc discount By KOH BEE ANN INVESTORS in Cold Storage Malaysia (CSM) watched in dismay last Friday as the company’s share price dropped 17 sen to M 52.65 on a volume of 18,000 shares520 words
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280 1989-08-05 19 STRAITS Steamship Land has reported a 10-pier cent rise in group interim pre-tax profit to $12.27 million in its first results announcement as a property group. Group bottomline earnings jumped six-fold to $58.2 million, of which $49.5 million came from the sale of280 words
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154 1989-08-05 19 OCBC Bank has signed a $5million contract for a computer system that will integrate its extensive retail, corporate and investment banking services for a “total banking solution". The contract, with Tandem Computers Inc, includes an option to purchase a further $9 million in154 words
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456 1989-08-05 19 CATHERINE C. ONG - By CATHERINE C. ONG, Hongkong Correspondent HONGKONG Business confidence in the colony received a fillip this week with the award on Tuesday of a HK$5.5-billion (551. 36-billion) cable television franchise to a consortium of US, European and Hongkong interests led by Sir456 words
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103 1989-08-05 19 SEMBAWANG Shipyard has been awarded a $4O-million conversion contract by the ACT Operators Group to convert a Very I-arge Crude Carrier tanker into a floating production, storage and off-loading vessel. The shipyard said in a statement on Thursday that the project is in line with103 words
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71 1989-08-05 19 HOTEL NEGARA, which turned around last year, has improved its performance further with a hefty jump in group earnings for the first half of the year ended June. It reported a surge in aftertax profit from $20,748 to $190,147. Turnover for the group, which71 words
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Article, Illustration396 1989-08-05 19 GERRY DE SILVA - By GERRY DE SILVA ABOUT 30 senior officials from nine Malaysian states will be in town next week to woo Singapore investors, but it will be a mission with a difference: The individual states will be packaging their own investment promotion programmes396 words
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237 1989-08-05 19 WORK at Fraser Neave’s Haw Par Villa theme park is finally going full steam ahead after much delay and modification. The park's developer. International Theme Parks Pte Ltd (ITP), has awarded a $39-million construction contract to Ohbayashi Corporation. The Japanese contractor whose bid237 words
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FORUM
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377 1989-08-05 20 More views on the new immigration policy I READ with dismay and disgust the recent letters in the Forum pages about our Government’s relaxed immigration policy, especially with regard to the expected influx of Hongkong people into our country. Some expressed the fear that377 words
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376 1989-08-05 20 I BELIEVE the Chinese population in Singapore is unique because we are part of a multi-racial society. We share a common heritage with the other races living in Singapore reaching back to pre-indepen-dence days. As a result of the shared heritage,376 words
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193 1989-08-05 20 I WELCOME the Government's new immigration policy, as we need to attract vital skills and talent for the Republic's growing economy. Rut contradictory remarks were given recently by an immigration officer when I enquired about the application for permanent residence of my193 words
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Article136 1989-08-05 20 SINGAPORE is offering permanent residence to 0 level Hongkongers? If holding an 0 level certificate is considered qualified, then Singapore is currently “crowded” with qualified personnel. Recent articles state that thousands of Hongkongers from all walks of life are eager to seek136 words
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Page 20 Advertisements
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Advertisement241 1989-08-05 20 "Ilk 5 Straits Times EgS) Now. keeping in > touch with what’s happening in Singapore couldn't be easier. Or more economical. Because all the major news of every week is condensed into one paper. The Straits Times Weekly Overseas Edition. Printed on lightweight paper in convenient tabloid size, it fills241 words
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Advertisement142 1989-08-05 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 us142 words
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Page 21 Advertisements
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Advertisement1195 1989-08-05 21 APPONTMENTS m 1 i to Q Quantum MANAGER INTERNATIONAL PURCHASING OFFICE Quantum Corporation, established in 1980 is a leading, U S independent manufacturer of high performance 3 5 inch hard disk drives for persona! computers and workstations Its products are marketed to original equipment manufacturers and distributors worldwide The company1,195 words
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Page 22 Advertisements
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Advertisement1135 1989-08-05 22 APPOINTMENTS Singapore General Hospital Make Things Happen! THE SINGAPORE GENERAL HOSPITAL, the largest general acute teaching hospital offering the most comprehensive range of patient services, invites you to be an active participant of an on-going success story. Business Office Manager To establish and implement appropriate policies and procedures and internal1,135 words
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TIMESPORT
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Article, Illustration646 1989-08-05 23 WILFRED YEO - Peng Siong promises five golds, David hopes for five SWIMMING... by WILFRED YEO THE Sea Games are aptly named, for Singapore at least. It would seem that for the island Republic, the competition’s golden treasures are to be found under water. To646 words
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551 1989-08-05 23 PETER KHOO - Kean Mun, James and Helen our 3 ‘gold’ hopes in athletics By PETER KHOO NOT since Kandasamy Jayamani won the marathon at the 1983 South-east Asia Games in Singapore has the Republic’s national anthem Majulah Singapura been heard at the Games athletics arena. Whether it will be heard this month551 words
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Article213 1989-08-05 23 MEN —58 m Ang Peng Siong Harold tian. IMm tree: Peng Slong/Davtd Lim. 288 m tree: David/Kenneth Yeo. IMm tree: Desmond Koh Kenneth. l,Htm free: Desmond. IMm breast: David Irving Ng. 2Mm breast: David/Tan V Meng. IMm breast: Ng Yne Meng Desmond. 288 m breast: Yne Meng/Denmond.213 words
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Article114 1989-08-05 23 MEN R. Rajasegaran (capt; 18km, Mkm walk), P. Parameswaran (118 m bardies), Chan Chin Wah (pole vanit), S. Pandian (800 m), James Wong (discos), Hong Jinsheng (100 m. 4x188m), M. Maran (3,000 m steeplechase), A. Saravanan (800 m, 1,588 m), Azahar Sapoan (high Jump), Ng Kean Man114 words
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394 1989-08-05 23 Malaysia Cup Semi-Pro League Div One KUALA LUMPUR Malaysia Cup champions Kuala Lumpur went into the one-month break in the Semi-Pro Division One competition at the top of the League table, ahead of Pahang on goal difference. But Pahang have a394 words
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Article, Illustration411 1989-08-05 24 CHENG SHOONG TAT - By CHENG SHOONG TAT BANDAR SERI BEGAWAN Prime Minister Lee Kuan Yew has told his Asean counterparts that an Asean summit should be held only if there were “substantial issues" to be raised, not “just because411 words
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Article179 1989-08-05 24 PRIME MINISTER Lee Kuan Yew blessing Prince Al-Muhtadee Billah of Brunei by sprinkling scented water on his palms at the circumcision ceremony of the 15-year-old eldest son of Sultan Hassanal Bolkiah of Brunei in Bandar Seri Begawan on Wednesday. Mr Lee, who was accompanied by179 words
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Article141 1989-08-05 24 UNITED Overseas Bank has posted record interim earnings again, and proposed a surprise $167.95 million cash call. The first of the Big Four local banks to announce its interim results, UOB yesterday said group after-tax profit rose 23 per cent to $126.2 million for the six141 words
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465 1989-08-05 24 said. – CHENG SHOONG TAT - Why bilingualism is important PM said. CHENG SHOONG TAT. BANDAR SERI BEGAWAN The Prime Minister, Mr I,ee Kuan Yew, on Tuesday spoke to his Bruneian hosts about Singapore's experience in language and education policy. Mr l,ee was on a threeday visit to Brunei, at the invitation of Sultan Hassanal Bolkiah,465 words
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242 1989-08-05 24 BANDAR SERI BEGAWAN President Suharto of Indonesia has told Prime Minister Lee Kuan Yew that Indonesia is going ahead with normalising relations with China, a spokesman for Mr Lee said. Mr Lee and President Suharto, who were in Brunei to attend242 words