The Straits Times : Weekly Overseas Edition, 2 December 1989
1989-12-02
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/stoverseas
The Straits Times : Weekly Overseas Edition
-
Title Section20 1989-12-02 1 The Straits Times WEEKLY OVERSEAS EDITION Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/89 SATURDAY, DECEMBER 2, 198920 words
-
Article, Illustration832 1989-12-02 1 TAN LIAN CHOO - By TAN LIAN CHOO writing from Haadyai ENDING more than 30 years of hiding, Chin Peng, the chief of the outlawed Communist Party of Malaya, appeared at a press conference here832 words
-
866 1989-12-02 1 CHENG SHOONG TAT - Review has 4 weeks to appeal By CHENG SHOONG TAT MR LEE Kuan Yew has been awarded $230,000 in damages in his libel suit against the Far Eastern Economic Review, winning almost every legal argument his Queen’s Counsel made in the course of the 15-day866 words
-
Article, Illustration321 1989-12-02 1 Mr Lee 'plainly defamed both as a person and as Prime Minister THE words in the first offending passage were “plainly defamatory” of Mr Lee both as a person and as the Prime Minister, said Mr Justice Thean. This was because the natural and ordinary meaning of the words imputed321 words
-
1346 1989-12-02 1 A “SELF-DESTRUCT” clause can be built into the proposed legislation on nominated MPs to allow the scheme to lapse after four or five years if it does not work, Mr Goh Chok Tong told Parliament on Thursday. He said he was prepared1,346 words
-
106 1989-12-02 1 THE Prime Minister has condemned the latest coup attempt in the Philippines and said Singapore supports President Corazon Aquino’s request for American military assistance. In a statement issued last night, Mr Lee Kuan Yew said the Singapore Government condemned the armed attempts to overthrow a106 words
-
Page 1 Advertisements
-
Advertisement53 1989-12-02 1 Singapore a little dragon tamed, a roaring lion unleased PAGE 13 HOME Death penalty extended to cocaine, opium, cannabis aeaiers PAGE 7 s7sm scheme to turn three areas into national parks PAGE 9 CAUSEWAY Tunku denies holding slm in shares for Umno PAGE 10 TIMESDOLLAR I PAGES 14-19 1 FORUM53 words
-
Advertisement14 1989-12-02 1 ncr^yryy^* <U«n n 4* afe 3%e JM» t*« irwrvsorirsuja* o. Membership has its privileges.14 words
-
-
NEWS FOCUS
-
Article, Illustration832 1989-12-02 2 {lt appears (to be) a war without losers or winners. The result is more and more terrible suffering for the Cambodian people and more hatred between the two sides...a bloodbath. J BEIJING Cambodian resistance leader Prince Norodom Sihanouk has proposed that his war-torn832 words
-
293 1989-12-02 2 BANGKOK Thailand and Vietnam have agreed to form a joint commission to explore ways to strengthen bilateral trade and economic co-opera-tion, The Bangkok Post quoted Thai Deputy Prime Minister Bhichai Rattakul as saying. Mr Bhichai, who returned from a293 words
-
Article101 1989-12-02 2 HOTELS here continued enjoying a booming business In September, recording the best occupancy rate In nine years with an average of 11.2 per cent. This good showing resulted from the strong growth In the Singapore tourist industry which continued unabated with a rise of101 words
-
491 1989-12-02 2 PAUL JACOB - By PAUL JACOB BANDAR SERI BEGAWAN Dramatic changes in East Europe which have thus far overshadowed concerns about the development of a single European market in 1992, require that Asean respond with fresh and bold initiatives. Trade491 words
-
197 1989-12-02 2 CO-OPERATION between Singapore and Indonesia in the exchange of material and personnel in broadcasting and information was given a boost with the signing of a memorandum of understanding (MOU) on Thursday. Dr Yeo Ning Hong, the Communications and Information Minister and Mr Harmoko, Indonesia’s197 words
-
171 1989-12-02 2 SOME 200 or more air-raid sirens will be installed throughout Singapore next year and will be fully operational by early 1991 or 1992. The island-wide project, which involves placing sirens with ranges of between 800 metres and one kilometre on top of high-rise buildings,171 words
-
Article, Illustration527 1989-12-02 3 ABBY TAN - ‘Hold order’ list of names ‘misinterpreted’ By ABBY TAN Manila Correspondent MANILA Passport officials in the Department of Foreign Affairs had apparently goofed, paving the way for the secret return of Mr Eduardo Cojuangco, an ally of the late Ferdinand Marcos.527 words
-
182 1989-12-02 3 ALL controls on petrol and diesel pump prices will be lifted from yesterday, with oil companies allowed to set prices freely. The Trade and Industry Ministry, in a brief announcement on Monday, said that under the move, “oil companies will be allowed to set182 words
-
Article51 1989-12-02 3 AFP. BANGKOK The chief reporter of the Hongkong Standard has been found dead in his room at a guest house apparently from an overdose of heroin, police said on Sunday. The body of Mr Mark Brickwell, 24, from Melbourne, Australia, was found early on Saturday.AFP. - 51 words
-
118 1989-12-02 3 KUALA LUMPUR Closed-circuit television will be Installed at the Kuala Lumpur and Bayan Lepas international airports next year to curb malpractices among customs officers, Customs and Excise Director-Gen-eral Mohamad Nor Abdul Hamid said on Monday. he added that the department was118 words
-
Article, Illustration472 1989-12-02 3 FRANCESCA NATHAN - By FRANCESCA NATHAN LOCAL biotechnology company Plantek International, which recently clinched a keenly-sought research grant to clone cashew trees, has developed miniature plants for the home buyer. For example, its flowering rose plant is no higher than a thumb. Produced by tissue culture, the472 words
-
226 1989-12-02 3 AFP. HONGKONG An antigraft body here has dropped eight charges against eight former stock exchange officials, including former exchange chairman Ronald Li. But all of them will still face eight other amended joint and separate charges laid by the Independent Commission Against CorruptionAFP. - 226 words
-
Article68 1989-12-02 3 AP, Bernama. KUALA LUMPUR A magistrate’s court in Kuala Trengganu has fined 20 Thai fishermen a total of M 52.5 million (Ssl.B million) after they pleaded guilty to fishing in Malaysian waters. The 20, from six trawlers, did not pay the fines and began serving jail termsAP,; Bernama. - 68 words
-
-
PARLIAMENT
-
Debate on the Nominated MPs Bill
-
Article, Illustration1032 1989-12-02 4 HAN FOOK KWANG - By HAN FOOK KWANG HAVING nominated MPs in Singapore will further strengthen the political system and contribute to good government. Mr Goh Chok Tong told Parliament. He said such an arrangement would offer capable Singaporeans more1,032 words
-
507 1989-12-02 4 BACKBENCHERS who spoke on Wednesday during the first day’s debate on the Bill to introduce nominated MPs were clearly divided over the need for it. Seven MPs spoke in support, seven made it clear they were against the idea, while another three gave guarded,507 words
-
461 1989-12-02 4 PAP MPs who are against the 8i11... THE party Whip should be lifted to allow the People’s Action Party MPs to vote according to their conscience on such a radical and fundamental move to introduce Nominated MPs, argued DR ARTHUR461 words
-
205 1989-12-02 4 THE nominated MPs proposal is “definitely not worthy” of the Singapore Parliament, Dr Dixie Tan (Ulu Pandan) argued. Unlike the non-constituen-cy MP scheme, she said, the NMP proposal violated the basic principle that "the votes of citizens collectively decide the persons that205 words
-
-
Article, Illustration1101 1989-12-02 5 More speeches from PAP MPs who oppose the Bill THE notion of Nominated MPs deviates from one of the most fundamental principles of democracy the principle of representation, Dr Aline Wong (Tarnpines GRC) argued. In an impassioned speech against the1,101 words
-
566 1989-12-02 5 MR S. Chandra Das (Cheng San GRC) rejected the nominated MP proposal as “a major step backwards’’ in Singapore’s democratic system of government. "After 25 years of independence, we are now moving back towards appointees in the legislature,” he told Parliament.566 words
-
390 1989-12-02 5 NMPs ‘will talk only for the sake of talking’ NOMINATED MPs are a waste of public funds because the only use they have is to "talk for the sake of talking in Parliament”, opposition MP Chiam See Tong (Potong Pasir) declared. Expressing his390 words
-
403 1989-12-02 5 THE People's Action Party Government is bucking a world-wide trend for free elections by proposing to have Nominated MPs, said NCMP Lee Siew Choh. "People all over the world are demanding free elections in order to have their own representatives in403 words
-
399 1989-12-02 6 PAP MPs who spoke in favour of the Bill THERE is merit in the proposal for nominated MPs. but there should be thorough public discussion of the whole issue before any decision is made. Mr Lim Boon Heng (Kebun Baru)399 words
-
295 1989-12-02 6 ELECTED MPs should not begrudge nominated ones if the latter's presence in the House could contribute to raising the level of discussion, said Mr Bernard Chen. The Pasir Panjang GRC MP. the first to respond to Mr Goh Chok295 words
-
200 1989-12-02 6 THE process of selecting nominated MPs must be Independent and credible, Dr Koh lam Son (Telok Riangab) said. This would dispel any criticism that the system was devised by the ruling party to serve Its own Interest, he said In supporting the200 words
-
1014 1989-12-02 6 Another opposing voice from a PAP backbencher IT WOULD be "a sad day for parliamentary democracy” if the nominated MP proposal becomes law merely because PAP backbenchers have been constrained by the party Whip to vote1,014 words
-
Points from other speakers ...
-
146 1989-12-02 6 NOMINATED MPs should be picked by a committee comprising all elected MPs and not just by a panel of eight MPs as proposed in the government Bill, said Mr I.eong Horn Kee (Thomson). Further, the party Whip must be lifted for146 words
-
Article159 1989-12-02 6 MR PEH Chin Hua (Jalan Besar GRC) gave his support to the Bill but cautioned against the selection of NMPs who would only be the Government’s "yes men”. Lauding the scheme as a bold move that would enhance parliamentary democracy in Singapore, he asked that159 words
-
136 1989-12-02 6 MR YATLMAN Yusof (Tarnpines GRC) called for the setting up of a second House or a bicameral legislature to accommodate the aspirations of younger voters. The Parliamentary Secretary (Foreign Affairs), who was the only frontbench MP apart from the First Deputy Prime Minister to136 words
-
-
Article, Illustration768 1989-12-02 7 PARLIAMENT on Thursday passed a Bill extending the death penalty to more drug offences the trafficking, manufacturing. importing and exporting of cocaine, cannabis and opium above a certain amount. Under the amended Misuse of Drugs Act, the death penalty will be768 words
-
377 1989-12-02 7 Independent schools’ fee hike PARENTS should be prepared to pay if they want a more varied education for their children in independent schools. The Minister for Education, Dr Tony Tan, made this point in Parliament when responding to questions377 words
-
354 1989-12-02 7 THE Internal Security Act is still needed in Singapore despite the Communist Party of Malaya’s announcement that it is ending its armed struggle, Home Affairs Minister S. Jayakumar said. Replying to a question from Potong Pasir MP Chiam See354 words
-
96 1989-12-02 7 A WHITE Paper outlining the need for laws to keep religion and politics separate will be ready within a fortnight, said Prof Jayakumar. The Bill to maintain religious harmony In Singapore will be tabled in Parliament after that. The minister said this In96 words
-
-
HOME
-
Judgment on PM Lee’s libel case against the FEER
-
Article, Illustration997 1989-12-02 8 Review’s defence of fair comment thus fails completely: Judge The first offending passage THE words in the first offending passage were not comments of defence witness Father Joachim Kang, nor could a fairminded man honestly make those comments on established997 words
-
Article, Illustration352 1989-12-02 8 The second offending passage THE second offending passage in the Review article clearly referred to Mr Lee Kuan Yew and was defamatory of him by imputing “dishonourable and discreditable conduct’’ against him, Mr Justice Thean held. The Prime Minister had argued that352 words
-
Article250 1989-12-02 8 THE Review’s defence that the second offending passage was true in substance and in fact was rejected by the High Court, on the grounds that there was no evidence suggesting that Archbishop Gregory Yong was tricked or pressurised into attending the Istana press conference. Said250 words
-
Article603 1989-12-02 8 ■ Reports by Sumiko Tan, Ban Davidson; Ben Davidson; Cheng Shoong Tat and; Tan Tarn How - Why PM was entitled to aggravated damages Reports by Reports by Sumiko Tan, Ban Davidson, Ben Davidson, Cheng Shoong Tat and Tan Tarn How. MR LEE Kuan Yew was entitled to aggravated damages as the Far Eastern Economic Review was guilty of “express malice” in603 words
-
-
508 1989-12-02 9 YAW YAN CHONG - Board set up to transform them into top attractions By YAW YAN CHONG THREE recreation areas will come under an umbrella body which will transform them into at-traction-packed national parks at a cost of more than $75 million. The National508 words
-
135 1989-12-02 9 HIGH-FLYING Singapore Airlines (SIA) is rewarding its employees with six months’ bonus this year, a 50 per cent jump from last year’s four months. The bonus payout covers 15,700 or 95 per cent of the SIA group’s staff following the conclusion of agreements last135 words
-
72 1989-12-02 9 IT IS now an offence to consame or try to consume chewing or bubble gum In MRT stations and trains. Food and drinks have been prohibited In MRT premises since the trains started rolling In November 1987. The corporation’s 1187 regulations did72 words
-
Article, Illustration619 1989-12-02 9 ‘Cloud forest’ will be the main attraction UNDER the Botanic Gardens' $5l million facelift, a pyramid-shaped temperate greenhouse with swirling “clouds" will rise six storeys. The present entrance near Holland Road will still be there but visitors entering the new619 words
-
211 1989-12-02 9 HONG Leong’s founder, billionaire Kwek Hong Png and his nephew, Quek Leng Chye, will go on trial in a district court next August. Both are engaging Queen’s Counsel to defend them, the court was told on Wednesday. Kwek, 78,211 words
-
Article117 1989-12-02 9 THE flag-down taxi fare went up by 10 cents to $1.90 from yesterday. The Public Transport Council reminded the public that distance-related fares for trips above 1.5 km but less than 10 km will cost 10 cents for each 275 metres (compared with every 300117 words
-
-
across the CAUSEWAY
-
524 1989-12-02 10 ISMAIL KASSIM - A Very serious charge which I have to clear in public’ By ISMAIL KASSIM KUALA LUMPUR Former Malaysian Prime Minister Tunku Abdul Rahman has strongly denied holding MSI million (*****.000) shares in the Utusan Melayu group on behalf of Umno the party that524 words
-
422 1989-12-02 10 JOHOR BARU A senior Johor official has disclosed that a proposal to gazette land owned by Malays in Johor as development land has been sent to the Land and Regional Development Ministry in Kuala Lumpur. The Star reported. Datuk Rahmat422 words
-
603 1989-12-02 10 ISMAIL KASSIM - Row over conversion of non-Muslim minors By ISMAIL KASSIM KUALA LUMPUR Umno and the Malaysian Chinese Association (MCA) the two major partners of the ruling National Front appear to be on a collision course over a controversial Selangor Islamic law governing603 words
-
Article, Illustration205 1989-12-02 10 KUCHING Former Malaysian Lord President Tun Mohamed Salleh Abas has launched a book called May Day For Justice which outlines the circumstances that led to his dismissal last year. The book, published by Promarketing Publications, was co-written by journalist K. Das. At a launching205 words
-
687 1989-12-02 10 JOHOR BARU Umno has warned Spirit of '46 leader Tengku Razaleigh Hamzah against imposing too many conditions on his proposed talks with Prime Minister Datuk Seri Dr Mahathir Mohamad on the issue of Malay unity. “Too many conditions will687 words
-
-
CAUSEWAY/ASEAN
-
Article, Illustration345 1989-12-02 11 Sabah Foundation probe NST. KUALA LUMPUR SABAH’S Chief Minister, Datuk Seri Joseph Pairin Kitingan, has been ordered to give a statement to the Anti-Corruption Agency in connection with possible malpractices in the Sabah Foundation. A similar order was also issuedNST. - 345 words
-
346 1989-12-02 11 NST. KOTA KINABALU Chief Minister Datuk Seri Joseph Pairin Kitingan has charged that certain federal leaders were involved in a “sinister plot’’ to topple his state government. “It is not something which I have said myself, this is indicated byNST. - 346 words
-
157 1989-12-02 11 support facilities. Bernama. KOTA KINABALU The Sabah government has agreed to a request by the Royal Malaysian Navy to build the country’s second largest naval base near Kota Kinabalu, Chief Minister Datuk Seri Joseph Pairin Kitingan said. Opening the Malaysian navy’s 55th anniversarysupport facilities. Bernama. - 157 words
-
211 1989-12-02 11 KOTA KINABALU Sabah and Sarawak will not phase out log exports despite a recent proposal by the federal government to include the two states in a ban on log exports. Officials from the two states told a meeting of Malaysian timber associations in211 words
-
Article, Illustration503 1989-12-02 11 YANG RAZALI KASSIM - By YANG RAZALI KASSIM JAKARTA Singapore’s increasing cooperation with Indonesia to spur development in Batam makes good economic sense, Indonesian Foreign Minister Ali Alatas said yesterday. He also said Singapore’s intention to buy water from Indonesia would not cause503 words
-
285 1989-12-02 11 Reuter. MANILA Deportation proceedings have been initiated by a Philippine government prosecutor against an Irish Roman Catholic priest who has been campaigning against the presence of US military bases in the country. Prosecutor Renato Mabolo said he filed charges against FatherReuter. - 285 words
-
160 1989-12-02 11 Bernama JAKARTA President Suharto has advised wealthy Indonesians to refrain from flaunting their wealth amid the widespread poverty in the country to avoid problems arising from social disparity- There is no law against anyone getting rich provided their wealth is acquired through hard work andBernama - 160 words
-
Article59 1989-12-02 11 JAKARTA Attorney-General Snkarton Marmosudjono and Information Minister Harmoko have given their approval for a plan to publicise the identities of government wanted by authorities In connection with corruption, the Jakarta Post reported. A spokesman for the Attorney-General said the move was aimed at creating a “shame culture”59 words
-
-
COMMENT/ Pick of the week’s editorials
-
Article649 1989-12-02 12 DEC 2. 1989 HISTORY is being created in the Thai town of Haadyai today when the outlawed Communist Party of Malaya (CPM) signs a truce accord to end its 41-year unsuccessful armed struggle to overthrow the governments of Malaysia and Singapore, which it had viewed as649 words
-
Article635 1989-12-02 12 NOV 29, 1989 THE decision by the Ministry of Trade and Industry to lift all controls on petrol prices has been well received by oil companies, but may be greeted with concern by motorists. For some time now, the oil industry has been in consultation with635 words
-
Article590 1989-12-02 12 NOV 28. 1989 THE suggestion that Singapore is only as politically and economically stable as Hongkong. South Korea and pre-Tiananmen China could have been easily dismissed as irrelevant, had it not come from as prestigious a magazine as Fortune. Interestingly, the reason cited by the American business magazine590 words
-
702 1989-12-02 12 AFTER 41 YEARS A PEACE pact, aimed at ending the 41-year-old armed insurrection of the outlawed Communist Party of Malaya (CPM) is to be signed today at the I>ee Garden Hotel in Haadyai, South Thailand. Chin Peng, 67, the titular CPM head,702 words
-
Article128 1989-12-02 12 “If we expect workers to accept sacrifices in difficult times, then we must also look after them when times are good.” Brigadier-General (Res) Lee Hsien Loong speaking at the opening of the National Trades Union Congress Ordinary Delegates Conference. “You will never make me ungrateful towards China... I128 words
-
-
COMMENT/ Perspective
-
2375 1989-12-02 13 EZRA F VOGEL - Singapore a little dragon tamed, a roaring lion unleased By EZRA F VOGEL IF SINGAPORE, with its 2.6 million people, were in China, it would not rank among the 10 largest cities of that country. Yet as an independent city-state. Singapore has a position in world affairs superior to that2,375 words
-
-
TIME$
-
474 1989-12-02 14 Merchant bank now wholly-owned subsidiary of London-based Schroders THE OCBC Bank group has sold its entire stake in Singapore International Merchant Bankers Ltd (Simbl) to British merchant bank Schroders PLC. Simbl said in a statement on Tuesday that it is now474 words
-
369 1989-12-02 14 CONFIRMING earlier press reports. Jack ChiaMPH Ltd on Wednesday announced a 2-for-5 rights issue of bonds with detachable warrants which will raise $72.55 million for the diversified book-seller. The proposed five-year unsecured bonds will carry a coupon rate369 words
-
Article77 1989-12-02 14 Bernama. KUALA LUMPUR Tin prices on the Kuala Lumpur tin market dropped to one of their lowest levels since May this year when it fell by 42 cents to M 517.50 (S$l2.M a kg on Wednesday. Dealers said this was in line with selling pressure on foreignBernama. - 77 words
-
Article, Illustration155 1989-12-02 14 LEADING civil servant and government finance man Ngiam Tong Dow has been elected chairman of DBS Bank effective from Feb 1 next year. In a statement yesterday, DBS said Mr Ngiam, who is Permanent Secretary at the Prime Minister’s Office and Permanent Secretary of the155 words
-
Article873 1989-12-02 14 Currant b Date Total lor Total lor poymont dote dot* payaM# Ota year laal year A 1 8 12% (bl Dm 27 Jon II Jon 23 12% 10% AMD# 2%lbl Nov 14 Nov 30 Dec 29 2% A Enterprise* 5% 1» Nov 3 Nov 17 Dec 7 5%873 words
-
425 1989-12-02 14 KOH BEE ANN - By KOH BEE ANN IN A move aimed ultimately at setting up a "global” plant here, Japanese electronics giant, Sony Corporation, is investing an initial $350 million in a major Singapore factory producing colour television picture tubes. While425 words
-
Article, Illustration530 1989-12-02 15 STEVEN PAK - Company to invest another s4oom in Republic in next two years By STEVEN PAK JAPANESE electronics giant Matsushita Electric Industrial, which is set to become the largest Japanese investor here by 1991 with total investments of $l.l billion, has established a new regional530 words
-
Article, Illustration445 1989-12-02 15 GOH ENG YEOW - Soon family’s close ties with troubled company end By GOH ENG YEOW WITH the announcement of a new board of directors, another chapter begins in Sim Lim Investments’ corporate history. Following the close of its general takeover offer on Tuesday, the Indonesian445 words
-
Article141 1989-12-02 15 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.9335 1.9515 Sterling pound 3.0215 3.0726 Australian dollar 1.4970 1.5358 Canadian dollar 1.6545 1.6830 NZ dollar 1.1278 1.1611 Singapore dollars to 100 units of foreign currency Austrian schilling 15.3337 15.8659 Belgian franc 5.1470141 words
-
178 1989-12-02 15 UNITED Engineers Ltd (UE). well on the road to recovery through a diversification programme, this week announced an impressive after-tax profit of $2.14 million for the seven months ended July 31. It also proposed a 1 for 2 rights issue at $1.60 each178 words
-
Article61 1989-12-02 15 SHIPPING group Hal Son Hop's public offer of 52 million 28-cent shares at $l.ll each has met with overwhelming response, attracting almost 15 billion by the done of the offer on Wednesday. This works out to an oversubscription of nearly IN times. Brokers said that the shares61 words
-
Article783 1989-12-02 15 Sharemarket review SELECTIVE buying of in-dex-related stocks just before the market closed yesterday helped to push the Straits Times Industrials Index up another 4.64 points for a week's gain of 30.65 points to 1,415.92, bringing the total gain in two weeks to a solid 78.27783 words
-
Article169 1989-12-02 15 ST Industrials Index THE Straits Times Industrials Index rose 30.65 points on the week to 1,415.15 points. Day-to-day Indices: MONDAY: 1,393.65 points (up 8.38); 69.42 m units (valued $125.33m); TUESDAY: 1,404.06 (up 10.41); 73.17 m units ($138.26m); WEDNESDAY: 1,410.13 (up 6.07); 87.18 m units ($156.88m); THURSDAY:169 words
-
Article6802 1989-12-02 16 All shares quoted have a par value of SI, unless otherwise specified. Adjusted for scrip/rights. N Tax-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 106,802 words
-
Article573 1989-12-02 17 Friday Oaoamftar 1 HKI Alllad OvtfMu 0.87 unch Amoy Proportion 2.80 0 025 Aala Sac Int'l 2 20 0 025 Aaia Sac War si 0.50 Bank of EA 17 10 0 30 Bond Corp Int'l 155 unch Bond Corp War 91 .0 81 0.01 C.P. Pokptiand 0 96 0.06573 words
-
931 1989-12-02 18 SHAUN SEOW - It can be a silver lining if our businessmen are bold enough to graps it By SHAUN SEOW FIRST, a straw in the wind. The announcement, made just over a week ago at a European Community summit, seemed innocuous enough at first931 words
-
Article, Illustration547 1989-12-02 18 SHAUN SEOW - Trade Development Board mission to Soviet Union By SHAUN SEOW in Vladivostok EVEN as negotiations are underway on about half a dozen joint-venture proposals between Singapore and Soviet companies, Singapore’s first trade mission to the Soviet Far East has secured contracts worth547 words
-
138 1989-12-02 18 HIGHER consumer spending In a buoyant economy has helped local retailer C K Tang Ltd post a 30 per cent Increase in Interim pre-tax profit to $3.1 million. Group turnover for the Orchard Road retailer also rose 23 per cent to $08.58 million for138 words
-
Article157 1989-12-02 18 KING’S Hotel Ltd has reported an impressive turnaround in group pre-tax profit, after interest on borrowings, to $6.84 million for the seven months to July 31. This compares with a loss of $1.23 million for the financial year ended last Dec 31. The group attributed the157 words
-
Article342 1989-12-02 18 Compiled by Business Times Company RIGHTS ISSUE Ayer Hitam Tin One-fortnree Msl 30 per shore Ex date: Oct ’2 Books dose: Oct 26 Acceptance Payment: Dec 8 Eu Yon Song Renounceoble one-for-one rights issue of $8 98m 3% unsecured loon stock 1989,1994 ot pa' One TSR will t>e342 words
-
Article343 1989-12-02 18 Company RIGHTS ISSUE A Enterprises Tnree tor-four Ms 2 30 per share Ambassador Two-for-one $1 10 per snare C I Holdings issue of 27m100n stocKs in the ratio of $3 loan stock for every five ordinary snares held FA C B One-for one Mso 60 per shore Faber343 words
-
Article, Illustration597 1989-12-02 19 But Republic gets a B risk rating from Fortune magazine FORTUNE Magazine has listed Brig-Gen (Res) Lee Hsien Loong, the Trade and Industry Minister, among the top 25 people in the Asia-Pacific that international companies ought to know to597 words
-
332 1989-12-02 19 to 19.65 cents. — CHOW CHEE SUN - to 19.65 cents. CHOW CHEE SUN. PROPERTY group Malayan Credit has staged an impressive turnaround at half-time and is proposing a l-for-5 rights issue with warrants at $1.50 per share. For the six months to end-September, the company made a group332 words
-
173 1989-12-02 19 DBS Bank and Tat l,ee Bank are combining their resources with Indonesia's P.T. Bank Buana Indonesia to open a bank in Jakarta early next year. A statement from Tat Lee on Monday said the joint venture has already received in-principle approval173 words
-
Article61 1989-12-02 19 MR NG Teng Fong's Far East Organisation has bought the Meridien Changi hotel for $53 million. Jones Lang Wootton property consultants said the deal between Far East and mortgagee bank Societe Generale was signed on Tuesday. A 10-per cent deposit has been paid for the 280-room hotel61 words
-
Article, Illustration329 1989-12-02 19 PROPERTY blue-chip Singapore Land has revamped its board to include Pontiac T and’s Mr Kwee Liong Keng as director while Mrs Mildred Tao Ong holds the newly-creat-ed post of Deputy Chairman. Mrs Ong, who has been a director for some years, is the daughter of329 words
-
100 1989-12-02 19 GRACE Development, the developer of The Adelphi, has been given more time to apply for official approval to convert the hotel premises into office units and additional shop units. It had previously entered into an agreement with DBS Land, whereby the latter would pay100 words
-
Article454 1989-12-02 19 JULIANA TAY - Week ended Nov 24 Compiled by JULIANA TAY. AUDITED RESULTS Company Yaar to Group Nat Nat aamlnga Groat profit/loss (L) par ahara dlvldand (’000) (canta) C I Holdings Jun 89 M54.477($ 1,5771) 9 91—1 —I—I Spore lond Aug 89 $15,*****1.4961 12.8(15) 15(7.51 Sunshine Allied Jun 89 $2.645(51.6031 26454 words
-
110 1989-12-02 19 THE Stock Exchange of Singapore (SES) has recruited former Securities Industry Council (SIC) secretary Teng Cheong Kwee to look after its listing division. Mr Teng. who was appointed executive vice-president of the SES from Nov 1, will also be responsible for the Exchange's110 words
-
-
FORUM
-
347 1989-12-02 20 A RETIRED US ARMY OFFICER WRITES... I AM A retired lieutenant-colonel in the United States army. For five to six months each year, I live in Hongkong. I am impressed with the logic and practical suggestions made by your Prime Minister Mr Lee347 words
-
90 1989-12-02 20 HAVING stayed in Singapore for eight days, I was slightly concerned at the daily self criticism in your readers’ columns. I believe you have so much to be proud of your beautiful city, your cleanliness, your courteous people and your enterprise.90 words
-
208 1989-12-02 20 I READ with concern the letters of both Miss Karen Ling and Mr Bernard Lim (ST, Nov 15), decrying a suggestion by Mr Chng Nai Yee (ST, Nov 7 Overseas Edition, Nov 25) to ban certain offensive literature. Miss Ling said “...Singapore is a multi-religious208 words
-
398 1989-12-02 20 OUR education system equips students with the necessary skills for work in society. It does not, however, prepare them for the more demanding roles as spouses and parents. How can they be expected to play these important but difficult roles well398 words
-
-
Page 20 Advertisements
-
Advertisement139 1989-12-02 20 The Straits Times Weekly Overseas Edition. A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. The Straits Times Weekly Overseas Edition. Making an139 words
-
Advertisement132 1989-12-02 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 from writers who132 words
-
-
Page 21 Advertisements
-
Advertisement1191 1989-12-02 21 APPOINTMENTS [guardian (A division of Cold Storage Singapore (1983) Pte Ltd) We operate the largest chain of retail pharmacies in Singapore. Due to our continued expansion, we offer career opportunities in our Retail Pharmacies for the position of: RETAIL PHARMACISTS Requirements: A degree in Pharmacy from NUS or from recognised1,191 words
-
-
Page 22 Advertisements
-
Advertisement983 1989-12-02 22 APPOINTMENTS SADE-DFS PARTNERSHIP SINGAPORE POLYTECHNIC Applications are invited from suitably qualified persons for: ACADEMIC POSITIONS <business Administration Department) (Salary: $1967 $5667 pm) The point of entry will depend on qualifications and experience. QUALIFICATIONS A good honours degree and professional qualification with a few years' relevant experience. Candidates must be able983 words
-
-
TIMESPORT
-
268 1989-12-02 23 KUALA LUMPUR A Football Association of Selangor official has been detained for questioning by the anti-corruption cyConfirming this the ACA di-rector-general Haji Zulkifli Mah mood said the official was interrogated and detained by Selangor ACA officers yesterday. “We found in the official’s house268 words
-
443 1989-12-02 23 S GULAM - Malaysia Cup Final By S GULAM DESPITE the absence of three of the competition’s hot-shots, this year’s Malaysia Cup final should produce all the thrills and spills to make it one of the finest in recent years. For a record third443 words
-
83 1989-12-02 23 NST. KUALA LUMPUR Christmas came early for Kuala Lumpur’s players when KLFA president Datuk Elyas Omar swooped on their training ground on Thursday, carrying cheques for MU, IN (SS, MI) for each player. It was only the first instalment for getting■ NST. - 83 words
-
Article, Illustration102 1989-12-02 23 SEVERAL national badminton players this week tested the conditions at the new Singapore Indoor Stadium, and apart for a slight draft, were impressed with the multi-million dollar facility, venue for the Seiko Grand Prix finals starting next Wednesday. Hamid Khan, Donald102 words
-
377 1989-12-02 23 KEDAH 2 PERAK 1 (Kedah win 3-2 on aggregate) ALOR STAR V. Sundramoorthy proved last night that he was made for the big matches. Just when Kedah needed the goals, the Singapore international struck twice at the Darulaman Stadium to put Kedah377 words
-
476 1989-12-02 23 How the teams got into the Final NST. KL 4 PAHANG 1 (KL win 4-2 on aggregate) KUALA LUMPUR The wrongs became right, the weaknesses strengths, and their aspirations fulfilled as defending champions Kuala Lumpur made it a memorable night by reaching their third successiveNST. - 476 words
-
-
Article, Illustration475 1989-12-02 24 But threat of racial strife must be considered AFP, disbanded. AFP, Bernama. SERDANG Deputy Prime Minister Ghafar Baba said on Thursday Malaysia would review its internal security laws following the outlawed Communist Party of Malaya’s (CPM) decision to abandon its 41-year-old insurgency. ButAFP,; disbanded. — AFP, Bernama. - 475 words
-
245 1989-12-02 24 KUALA LUMPUR ONG 800 KOK, 42, a lawyer and son of Communist Party of Malaya chief Chin Peng, has no plans to meet his father In Haadyal, it was reported on Wednesday. Mr Ong, who was born in Sitlawan, Perak in August245 words
-
369 1989-12-02 24 THE outlawed Communist Party of Malaya (CPM) will never give up Its struggle despite reports that it is about to surrender, former Malaysian Prime Minister Tunku Abdul Rahman said on Tuesday. He also said, in comments to Reuters, that CPM leader Chin369 words