The Straits Times : Weekly Overseas Edition, 23 December 1989
1989-12-23
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The Straits Times : Weekly Overseas Edition
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Title Section20 1989-12-23 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, DECEMBER 23, 1989 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration272 1989-12-23 1 AFP FIRST Deputy Prime Minister Goh Chok Tong, who is set to succeed Prime Minister Lee Kuan Yew next year, has publicly identified Brigadier-General (Res) Lee Hsien Loong as the “obvious” choice to take over the top post after him. In an interviewAFP - 272 words
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433 1989-12-23 1 Article on PM’s libel suit judgment ‘scandalous’ A-G THE Asian Wall Street Journal is being cited for contempt of court over its report of the judgment in Prime Minister Lee Kuan Yew’s libel suit against the Far Eastern Economic Review. Attorney-General Tan Boon Teik433 words
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Article, Illustration534 1989-12-23 1 THE billion dollar National Bank of Brunei saga, which ended with the conviction of several of its key officers last year, has been unexpectedly resurrected. Tan Sri Khoo Teck Puat, fugitive boss of the Goodwood group, is being sued in Brunei for534 words
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Page 1 Advertisements
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Advertisement106 1989-12-23 1 Membership tins Its Privileges 4» »*r.« P) Siew Choh talks of his visit to Russia PAGE 4 HOME S’pore's growth must be seen to benefit our neighbours: PM PAGE 2 Vicious crimes against the elderly rising PAGE 5 COMMENT CPM accord a move by China to win Asean's confidence PAGE106 words
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NEWS FOCUS
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727 1989-12-23 2 BERTHA HENSON - ‘Beginning of trouble if it is perceived to be at their expense' By BERTHA HENSON LANGKAWI Singapore's development must be seen to benefit its neighbours if it is to enjoy continuing good relations with them, said Mr Lee Kuan727 words
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Article, Illustration135 1989-12-23 2 LANGKAWI Mr Lee Kuan Yew suggested that direct flights be allowed into langkawi airport under an open-sky policy so it could attract more tourists and Investors. Answering a question on the tourism potential of langkawi, he said that for example,135 words
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289 1989-12-23 2 SINGAPORE is likely to conclude an agreement with Indonesia on the supply of natural gas within the next few months, Trade and Industry Minister Lee Hsien Loong said this week. The main issue was the price, he said, and he hoped an289 words
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308 1989-12-23 2 Bernama. KUCHING The Brunei government, in an unprecedented gesture, last week opened itself to public criticisms from its citizens, according to reports reaching here. More than 1,000 people from the sultanate’s four districts turned up for a specialBernama. - 308 words
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124 1989-12-23 2 Bemama. IPOH Malaysia will resolve the issue of a neighbouring country buying its state secrets on a govern-ment-to-government basis, Deputy Home Minister Datuk Megat Junid Megat Ayob said. This was because Malaysia valued regional peace and a spirit of brotherhood amongBemama. - 124 words
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97 1989-12-23 2 NST. TAEPING Three teachers of a secondary school near here have complained to their union that they were locked out of their school for turning up late for work. One of them told reporters. “We are now the laughing stock of theNST. - 97 words
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Article, Illustration397 1989-12-23 2 Reuter, AP. HONGKONG China dashed Hongkong hopes for widespread democracy after its handover to Beijing by declaring last week that only one-third of the post-1997 legislature will be returned by direct elections The Chinese-dominated committee responsible for drawing up Hongkong's future constitution announcedReuter,; AP. - 397 words
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238 1989-12-23 3 Reuter. CANBERRA Australia introduce! tough new immigration laws this week, raising educational and professional requirements and dealing harshly with people who overstay their visas. The laws “substantially tightens our management of the immigration programme”, Immigration Minister Robert Ray said. Some enshrine changes adopted at the startReuter. - 238 words
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627 1989-12-23 3 Mandatory repatriation of boat people Reuter HONGKONG The mandatory repatriation of Vietnamese boat people from Hongkong could influence the refugee policies of its Asian neighbours but there was no immediate sign that any plan to follow the British colony's lead. HongkongReuter - 627 words
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360 1989-12-23 3 BANGKOK The leader of the banned Communist Party of Malaya, Chin Peng, will return to Malaysia to pursue a political struggle under a new political party the Malayan People Party, a Thai newspaper reported. Sources told the Bangkok Post newspaper that360 words
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Article57 1989-12-23 3 SITE supervisor Wong King Pow, 37, who tried to claim $12,100 in prize money after he discovered that one of four 1-D tickets he picked up from the ground at the Bukit Turf Club had won a second prize, was fined $4,000 when he pleaded guilty to57 words
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234 1989-12-23 3 KUALA LUMPUR The Malaysian government is considering giving entry permits to parents of Taiwanese who invest in the country to allow them to reside in the country, the Sin Chew Jit Poh newspaper reported on Wednesday. A spokesman for the Ministry of234 words
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Article, Illustration323 1989-12-23 3 Bernama JAKARTA Former Indonesian Foreign Minister Mochtar Kusumaatmadja has cautioned the government against rushing into resumption of diplomatic relations with China. Dr Mochtar told a seminar in Bandung on Sunday that the principal obstacle to the normalisation of relations. frozen since 1967,Bernama - 323 words
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164 1989-12-23 3 A SECOND woman has been identified as an Aids carrier and another man has been found to have full-blown Aids. This is the only other case of a woman being infected here. The other woman is the wife of the first Singapore Aids164 words
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84 1989-12-23 3 Bernama KUALA LUMPUR A Sin-gapore-based firm dealing with aircraft repair work, is interested in buying all the Skyhawk jet fighters in the Royal Malaysian Air Force, Defence Minister Tengku Ahmad Rithauddeen has disclosed. He said negotiations were still going on with the firm,Bernama - 84 words
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An interview with Dr Lee Siew Choh on his recent visit to the Soviet Union
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Article, Illustration2018 1989-12-23 4 ‘I was told many of the old people are against what is happening in Russia today’ he says The only Non-Constituency MP in Parliament, Dr Lee Slew Chon of the Workers' Party, was in the first delegation of Singapore oarliamentarians2,018 words
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HOME
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Article, Illustration497 1989-12-23 5 SHE prowls around markets and housing estates looking for men aged over 65 and, on spotting one, puts out her halt sex. She acts fast. Before the victim can even reply to her offer, she begins to fondle him and497 words
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Article, Illustration1132 1989-12-23 5 TAN EE SZE and; BRENDAN PEREIRA - SIMHTAL Itl-POIll By TAN EE SZE and BRENDAN PEREIRA Frail and vulnerable, their refiexes duilea by age, the elderly make easy prey for ruthless robbers who attack them and slick conmen wno beguile them. They have been viciously bashed, robbed and swindled.1,132 words
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291 1989-12-23 5 THREE town councils in Hong Kah, Marine Parade and Yishun will officially take over the estate management in their areas from the Housing Board on Jan 1. The changeover marks the start of the second phase of the formation of nine291 words
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Article, Illustration592 1989-12-23 6 WALTON MORAIS - Experience, language capability among their top assets By WALTON MORAIS in Business Times WITH Singapore assuming a greater regional role for companies, more Singaporeans are moving into regional management positions. Based either here or in the region, they are attractive to Western592 words
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Article, Illustration371 1989-12-23 6 THE new Malaysian High Commissioner to Singapore, Dato Zainal Abidin bin Mokhtar, has called for greater interaction between the peoples of the two countries to further strengthen bilateral relations. He said that such interaction could take the form of more regular371 words
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91 1989-12-23 6 FOURTEEN young Filipinas, who were arrested at Chang! Airport as they were about to hoard a Tokyo-bound United Airlines plane, were Jailed for four months each on Thursday for possessing forged Singapore passports. All pleaded guilty. A dlstrirt court was told that91 words
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142 1989-12-23 6 A 10-YEAR-OLD schoolboy, who suffered permanent brain damage because of an accident, and his facto-ry-worker mother have been awarded a total of $400,000 damages by the High Court. Judicial Commissioner J. Grimberg made the award $370,000 for the boy and $30,000 for his mother142 words
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Article, Illustration27 1989-12-23 6 THIS Christmas tree, complete with baubles and lights, was among the flamboyant hairstyles exhibited at The Sixth Golden Scissors Awards hairdressing competition last week.27 words
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302 1989-12-23 6 THE 99-year lease on Housing Board flats stays. This is despite the comprehensive improvements that will be made to older estates in a major upgrading programme. National Development Minister S. Dhanabalan said last week that from his observation. old buildings reach302 words
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290 1989-12-23 6 THE 24 models of microwave ovens which reportedly “failed" tests by British experts are perfectly all right The British media had reported that the UK tests had "failed" the 24 models including brands sold in Singapore The manufacturers, many of them Asian, had290 words
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Article, Illustration643 1989-12-23 7 But it urges start of scheme to be put off till 1991 THE Mendaki-Ministry of Education joint committee is saying yes to the controversial proposal to let bet-ter-off Malays pay their own tertiary fees. Having studied the Malay community's reactions to643 words
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489 1989-12-23 7 SINGAPORE, Batam and Johor could form a “triangle of growth” within Asean in the decade ahead, First Deputy Prime Minister Goh Chok Tong has said. In an interview with the Agence France-Presse news agency, he said that489 words
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140 1989-12-23 7 NON-CONSTITUENCY MP Dr Lee Siew Choh has filed a parliamentary question seeking an immediate and unconditional release for political detainee Chia Thye Poh. Dr Lee wants the Home Affairs Minister to say if the Government will free Chia from detention on Sentosa island,140 words
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185 1989-12-23 7 A SILVER anniversary fund is to be set up for the less fortunate as Singapore celebrates its 25th anniversary. The fund will be established with the proceeds, estimated at between $BO,OOO and $lOO,OOO, from the musical, My Country, My Singapore, to be185 words
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Article, Illustration172 1989-12-23 7 ELEVEN Singaporeans who returned after being stranded by the coup attempt in the Philippines earlier this month are doubiy grateful to Singapore Embassy staff in Manila for their help during the crisis and later for returning their luggage. The 11 had to172 words
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328 1989-12-23 7 STUDY now and pay much, much later that’s the highlight of a new AngloChinese School scheme with a "long, grace period” which allows needy pupils from as early as Secondary 1 to take a loan and return it when they start working.328 words
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Article74 1989-12-23 7 LONDON-BASED Singaporean pianist Melvyn Tan is spending Christmas on holiday in Malaysia before chalking up another musical milestone in the New Year when he makes his debut at New York’s Carnegie Hall. The February date will be followed by another first, in Australia, a month74 words
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COMMENT/ Perspective
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Article, Illustration2049 1989-12-23 8 We don’t want to be chauvinists, neither do we want to forget our histories SBC’s Friday Background recently telecast an interview it had with Brigadier-General (Reservist) George Yeo, the Minister of State for Finance and2,049 words
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1503 1989-12-23 11 Dr NOORDIN SOPIEE - By Dr NOORDIN SOPIEE MANY things have been said of the Pacific. So many things that it might be argued that among other things we may have entered the age of the Pacific cliche. The most striking Pacific1,503 words
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Article, Illustration1362 1989-12-23 13 MIKE YEONG - By MIKE YEONG of The Straits Times political desk It stands to reason that the Chinese government has to avoid commenting on the signing of the accord by the CPM. It could not openly welcome the accord without being seen as1,362 words
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Article, Illustration583 1989-12-23 13 MICHAEL ADLER - By MICHAEL ADLER AFP. BANGKOK Thailand achieved in the 1980 s a political stability paired with stunning economic growth that placed it jusl behind such booming “tigers" as South Korea and marked it as one of Asia's most successful states.AFP. - 583 words
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across the CAUSEWAY
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274 1989-12-23 9 Workers against corporatising Malayan Railway KUALA LUMPUR THE Railwaymen’s Union of Malaya (RUM) plans to hold a nationwide picket in February to protest against the government’s move to make Malayan Railway (KTM) a corporation, The Sunday Star reported. The 6,000-strong union has also passed274 words
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151 1989-12-23 9 NST. JOHOR BARU The An-ti-Corruption Agency (ACA) is investigating an allegation by a state assemblyman that the Johor Government had corruptly accepted Msl million (S$700,000) in exchange for a timber concession to a private company. State ACA director Mohamad Zawawi Mohamed NordinNST. - 151 words
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340 1989-12-23 9 JOHOR BARU The ohor Water Supplies Department (JBA) is planning to reduce its dependence on Singapore for processed water, the Utusan Malaysia reported on Wednesday. The Malay-language daily quoted the Chairman of the State Public Works and Utilities Committee,340 words
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118 1989-12-23 9 KUALA LUMPUR A group of Malaysian prostitutes has called on the authorities to legalise their profession, The Star newspaper reported. It said 15 callgirls who operated from an apartment block in Kuala Lumpur made the appeal at a news conference. The girls threatened to walk118 words
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Article48 1989-12-23 9 ALOR STAR A family of six died in a fire which destroyed a row of five doable-storey wooden houses at Slmpang Krnpat, about 15 km from here. A fire department spokesman said they were “trapped” by grilles on the window and door.48 words
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177 1989-12-23 9 KUALA LUMPUR Several Malaysian banks are puzzled that a number of individuals seem to have abandoned accounts containing large amounts up to Msloo,ooo (SS70.000) in some cases, the Star newspaper reported. One bank said it had sent letters to former clients with amounts totalling177 words
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Article, Illustration505 1989-12-23 9 AHMAD OSMAN - By AHMAD OSMAN KUALA LUMPUR Malaysia this week urged the international community to press for a dialogue between the parties involved in the Palestinian problem. Foreign Minister Datuk Abu Hassan Omar said a dialogue “at this stage'' could pave the way forAFP picture. - 505 words
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220 1989-12-23 9 KUALA LUMPUR The authorities have allowed the father of an Indian youth who converted to Islam to claim his body from the Kuala Lumpur General Hospital, Sin Chew Jit Poh reported on Thursday. According to the report, two police officers from220 words
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156 1989-12-23 9 PENANG The Labour Department here has denied reports which claimed that 27 unmarried workers of an electronics factory in Butterworth were raped after an outing with male workers. State Manpower Committee chairman Liang Thau Sang told The Star newspaper that156 words
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Article, Illustration500 1989-12-23 10 ISMAIL KASSIM - Hopes of reconciliation with Umno dashed By ISMAIL KASSIM KUALA LUMPUR Delegates attending the special general assembly of the Spirit of ’46 last weekend dashed any lingering hopes of a reconciliation with Umno led by Prime Minister Datuk Seri Dr Mahathir500 words
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Article, Illustration373 1989-12-23 10 ‘Better to meet after the general election’ Bernama. KUALA LUMPUR Former Prime Minister Tun Hussein Onn has said that the time was not ripe for Umno and the opposition Spirit of '46 to hold meetings on Malay unity because the general electionBernama. - 373 words
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163 1989-12-23 10 Bernama. KOTA KINABALU Datuk Harris Salleh. Chief Minister of Sabah for nine years until his Berjaya party was defeated by the Parti Bersatu Sabah (PBS) in 1985, is making a political comeback. Datuk Harris announced in a statement that he would take over the leadershipBernama. - 163 words
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Article, Illustration551 1989-12-23 10 Bernama KUALA LUMPUR I/ord President Tun Abdul Hamid Omar, calling for a healthier understanding between the Bar and the Bench, has said that it was time an “amnesty" was declared for the common good. "A great majority of us feelBernama - 551 words
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212 1989-12-23 10 KUALA LUMPUR Education Minister Anwar Ibrahim said he had received reports against several lecturers who advocated Marxist ideology in Malaysian universities. The Star newspaper reported. It quoted the Minister as saying that the reports were submitted to him by undergraduates. However, he said, “these212 words
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198 1989-12-23 10 IPOH The government will decide “at an appropriate time" whether to review the role of the parliamentary Police Field Force (PFF) following the signing of an agreement by the banned Communist Party of Malaya (CPM) to end its armed struggle.198 words
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157 1989-12-23 10 Bernama. KUALA LUMPUR The government plans to enrol more Malaysian medical students in India and Pakistan to help overcome the shortage of doctors in Malaysia, Health Minister Ng Chong Kiat said. He said the ministry was working on such a plan withBernama. - 157 words
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ASEAN
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381 1989-12-23 11 PHILIPPINES AP MANILA Tourists are cancelling trips to the Philippines and foreign residents are making standby plans to leave, fearful the political situation will deteriorate because of the coup attempt. While that attempt was thwarted, like five others, fears aboundAP - 381 words
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THAILAND
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426 1989-12-23 11 PATTAYA Thailand's rapid economic growth looks set to continue into the early 1990 s but economists have warned that rising inflation and a widening income gap could damage its long-term performance. Huge capital inflows and increasing manufactured exports should keep the economic426 words
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91 1989-12-23 11 BANGKOK About 10,000 to 20,000 protesters blocked highways and seized a railway station in southern Thailand to demand government action to stop rubber prices from falling. The state-run Thai News Agency (TNA) quoted leaders of the protesters as ask- ing the government to guarantee91 words
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COMMENT/ Pick of the week’s editorials
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Article634 1989-12-23 12 DEC 21. 1989 THE joint Mendaki-Education Ministry committee has recommended that the Government go ahead with its controversial proposal to have the better-off Malays pay for their tertiary education This itself might well generate further resentment within the Malay community. But it is time the Gordian634 words
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Article618 1989-12-23 12 DEC 20. 1989 SINCE Changi Airport was opened in 1981. it has won so many kudos from air passengers and airline professionals alike that Singaporeans would be forgiven for thinking that its position as one of the world's top airports is part of the natural order618 words
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Article612 1989-12-23 12 DEC 19. 1989 PRIME Minister Lee Kuan Yew. on a private visit to Penang. Alor Star and Pulau Langkawi last week, spoke more than once about how Singapore’s economic growth must be seen to be beneficial to the region. His message, in a nutshell, is that economic612 words
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689 1989-12-23 12 A SPECIAL CHRISTMAS IT'S CHRISTMAS! Traditionally, the time and season of the year for spreading goodwill and good cheer. To many here. Christmas joy begins today; with overwhelmingly more joining in the revelry on Christmas Eve tomorrow Tomorrow will be in one689 words
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Article183 1989-12-23 12 “After the fire is put out you don’t have to give him your house to express your appreciation, or even lend (him) your house... there are other ways of expressing appreciation.” Philippine Foreign Secretary, Raul Manglapus dismissing suggestions that Manila would be making big concessions in talks on183 words
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TIME$
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Article, Illustration467 1989-12-23 14 DOREEN SIOW - Purchase price seen as well below expectations By DOREEN SIOW DBSLAND’s purchase last week of the Standard Chartered Bank Building at 6 Battery Road for $BOO million or $1,629.30 per sq ft (reported briefly in last week’s issue) may467 words
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114 1989-12-23 14 AFP. KUALA Lt’MPl'R SLstem Televlsyen Malaysia Berhad (STMB), the operator of TVS, Malaysia’s sole commercial television channel, yesterday announced pre-tax profits of Ms2s million (S$lB.UO million) for the financial year ended Aug 31. The pre-tax profits, a 13per cent rise over the previousAFP. - 114 words
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Article141 1989-12-23 14 COUNTER RATES Singapore dollars to ona unit ot foreign currency Buying OD Selling US dollar J 8870 1.9120 Sterling pound 3.0303 3.0946 Australian dollar 4724 1.5162 Canadian dollar 1.6208 1.6561 NZ dollar 2.1121 1.1491 Singapore dollars to 100 units of foreign currency Austrian schilling 5.4057 16.1350 Belgian franc141 words
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214 1989-12-23 14 AFP. KUALA LUMPUR A group of visiting Taiwanese industrialists has decided to invest US$l billion (Ssl.9 billion) in Malaysia next year, an official said here last week. Mr L. F. Hsieh, chairman of the Taiwan Electric Appliance Manufacturers Association (Teama), said 50AFP. - 214 words
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473 1989-12-23 14 KOICHI ISHIYAMA - By KOICHI ISHIYAMA writing for The Straits Times SINGAPORE’S economy will grow 8.3 per cent adjusted for inflation next year, bolstered by robust exports and construction work, an influential Japanese economic research body says in a report released last week. The473 words
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62 1989-12-23 14 Bernama. KUALA LUMPUR Faber Merlin Malaysia Berhad expects to return lo profitability after the company’s revised financial restructuring scheme is completed in the current financial year. "Hence, the current year's performance is likely to result in a smaller loss than that of last year,"Bernama. - 62 words
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274 1989-12-23 14 NST. MALAYAN Banking Bhd this week announced a 1-for-2 bonus handout to shareholders and a rights issue at Ms 4 (552.80) a share on the same ratio. The bonus issue, to be capitalised from the share premium account, will increase the capital base of theNST. - 274 words
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480 1989-12-23 15 INVESTORS here can expert to continue to trade in the stocks of more than 100 of the 182 Malaysian companies to be delisted when the Stock Exchange of Singapore launches its OTC (over-the-counter) market next month. Broking sources say this means all480 words
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528 1989-12-23 15 FROM January 2. investors will have a revised Straits Times Industrial Index (STII) as their measure of the performance of the local stock market, minus all the Malaysian stocks. The widely-followed STII has been revised regularly over the years to reflect528 words
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Article206 1989-12-23 15 ST Industrials Index THE Straits Times Industrials Index rose 26.71 points on the week to 1,484.57 points. Day-to-day Indices: MONDAY: 1,466.02 points (down 8.54); 72.47 m units (valued at $173.98m); TUESDAY: 1,452.18 (down 7.84); 82.96 m units ($168.54m); WEDNESDAY: 1,459.89 (np 7.71); 71.74 m units206 words
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Article289 1989-12-23 15 TOTAL trade done on the Kuala Lumpur Stock Exchange in the first 11 months of this year hit M 515.4 billion (5510.89 billion) compared with M 56.9 billion recorded for the whole of last year. The KSI.E Composite Index rose 97.6 per cent from289 words
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Article783 1989-12-23 15 Market in happy preXmas mood Sharemarket review THE Singapore stock market closed for the Christmas holiday on a happy note, with the Straits Times Industrials Index hitting a new post-October 1987 crash high of 1.484.57 points. It was the second postcrash high posted in a row. after the Index had783 words
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Article7098 1989-12-23 16 Al shares quoted have a par value of $l. unless otherwise specified. Adjusted for scrip/rifhts. N Tax-eiempted 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 of7,098 words
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Article690 1989-12-23 17 Friday Peoember 22 HM Allied Over»*»» 096 *0 01 Amoy Properties 2 925 *005 A» S*C 1*1 1 2 15 *005 Asia S*c War 91 050 unch Bank ol EA 18 40 unch Bond Corp Int'l t 43 -0 02 Bond Corp War 91 053 *003 C P Pokphand690 words
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389 1989-12-23 18 GOH ENG YEOW - Combined earnings hit $525m, says Peat Marwick survey By GOH ENG YEOW SINGAPORE’S local banks remained the most profitable group of financial institutions for the second year running with a 36.9-per cent jump in combined profit to $525.7 million last year. Overall,389 words
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427 1989-12-23 18 Topping the chart for the fully-licensed foreign banks was The Mitsui Bank whose net profit rose nearly 19 times to $130.1 million, followed by the Hongkong Bank which doubled its profit to $102.3 million last year. Merchant banks, on427 words
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426 1989-12-23 18 SALMA KHALIK - By SALMA KHALIK LAHORE The heads of Asean national airlines will meet soon to discuss the possibility of forming some kind of bloc when negotiating with the European Community. Tan Sri Abdul Aziz Abdul Rahman, managing director of Malaysia Airlines, told The426 words
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192 1989-12-23 18 NST. THE New Straits Times Press (M) Bhd turned in group pre-tax profits of M 535.45 million (5525.52 million) for the year ended Aug 1, a drop of 19 per cent against the previous financial year. Operating profit was MJ9.41 million whileNST. - 192 words
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461 1989-12-23 18 GOH ENG YEOW - GOH ENG YEOW. IN A move to further expand its activities globally, international trading group Intraco Ltd has cemented a strategic alliance with Hongkong-based Burvill, taking a 21.23-per cent stake in the latter. This is the first time the giant government-linked company has461 words
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228 1989-12-23 18 HONGKONG Singapore is the leading investor in Shanghai, with US$l2O million (*****.80 million) pledged in the first 10 months of this year, accounting for 39 per cent of the city’s foreign investment. In total, Shanghai approved 252 foreign-funded ventures with a total investment of228 words
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82 1989-12-23 18 ABBY TAN - ABBY TAN. MANILA Kuok Group, the Malaysian hoteliers, has postponed its 1-biMion peso (Ssloo-million) share offer due to uncertainties caused by the recent coup attempt. Local press reports said Kuok Philippines Properties Inc was scheduled to launch the share offering on Monday, but the82 words
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375 1989-12-23 19 Merchant bankers, lawyers among suspects NST. KUALA LUMPUR Certain individuals, including merchant bankers and lawyers, are under investigation for suspected insider trading on the Kuala Lumpur Stock Exchange. Finance Minister Datuk Paduka Daim Zainuddin said this week. He told The NewNST. - 375 words
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103 1989-12-23 19 Reuter. MANILA The Philippines stands to lose about 1551.4 billion (512.7 S billion) In output of goods and services next year because of the failed coup attempt against President Corazon Aquino, an official said. The anticipated losses could be recouped if the– Reuter. - 103 words
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260 1989-12-23 19 Sept 30 last year. — KOH BEE ANN - Sept 30 last year. KOH BEE ANN. FUGITIVE Malaysian hotelier Khoo Teck Puat’s Goodwood Park Hotel group, riding on the current boom in tourist arrivals, has announced a pre-tax profit of $18.72 million, a 61-per cent increase from last year’s $11.62 million.260 words
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Article100 1989-12-23 19 THE buoyant tourist industry has put one of Tan Sri Khoo Teck Puat’s companies Hotel Malaysia back in the black after two years of losses. The company, which runs Hotel Boulevard, announced that it made a pre-tax profit of $668,000 for the year ended Sept 30100 words
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Article747 1989-12-23 19 Catraal ll •octa OM ToM tor TaM tar gayinoM Ah ««•w pay**» In yoar tool yoar A 1 S 1 '2%w Doc 27 Jon 11 Jon 23 '2% 10% AMD» 2%W Nov 1« ’Nov 30 Ooc 29 2% 1% Amol Stool 8%TtW Nov 30 Ooc 14 Jon 22747 words
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Article506 1989-12-23 19 Week ended Dec 15 Compiled by JULIANA TAY AUDITED RESULTS Company Year to Croup Nat Nat aamlnga Qroaa proftt/loaa (L) par ahara dividend COM) (canta) Bento Jun 89 M$I.43U($ 1.373) —(98) *****) Cerebos Jul 89 $33.777 ($25 02II 338(2501 27TC120TE1 Chuon Hup Jun 89 $9.092($4.624) 59(3 1) —I—ICompiled by JULIANA TAY - 506 words
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246 1989-12-23 19 Bernama KUALA LUMPUR Cold Storage (Malaysia) Bhd's (CSM) shareholders have been advised to reject the conditional cash offer by Cycle Carriage Ltd (C&C) to acquire the remaining 47.598 million Msl shares in the firm. In a circular to the shareholders, CSM’s adviser Amanah MerchantBernama - 246 words
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FORUM
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208 1989-12-23 20 THE MANILA EVACUATION WAS one of th** guests of the Manila IVninsula Hotel during the recent attempted coup in Manila. I write to express my appreciation for the excellent service and co-ordination by the Singapore Embassy in Manila during the208 words
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890 1989-12-23 20 THE NOMINATED MPs PROPOSAL I HAVE been following the parliamentary debate on the Nominated MPs proposal. and would like to express my reservations about the Bill. Let me state, however, at the outset that I am in complete agreement with First Deputy Prime890 words
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Page 20 Advertisements
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Advertisement145 1989-12-23 20 S 3 -V,, 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 Overseas145 words
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Advertisement132 1989-12-23 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
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Page 21 Advertisements
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Advertisement1007 1989-12-23 21 APPOINTMENTS INTERNAL AUDITORS We re strengthening our presence in Asia with the heip of the very best professionals in the region and as we grow we need the services of additional Internal Auditors. Reporting to the Manager Internal Audit, successful candidates will be assigned duties which include audit review of1,007 words
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Page 22 Advertisements
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Advertisement1114 1989-12-23 22 APPOINTMENTS SONY INTERNATIONAL (S) PTE LTD Sony International is the Asian regional headquarters of Sonv Corporation, japan. It is established to manage related companies in Singapore and provide headquarter services to Sony’s Group of companies in the Asia Pacific Region. Our various businesses include international purchasing, component sales, logistics operations,1,114 words
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TIMESPORT
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207 1989-12-23 23 Rernama. KOTA BARU Four Kelantan soccer players have been banned tor six months for assaulting the referee in a SemiPro Division One League match In Singapore on July 11. They are Ahmad Ibrahim, the striker “imported” from Singapore, contract playerRernama. - 207 words
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Article, Illustration255 1989-12-23 23 J RAJENDRAN - By J RAJENDRAN PREMIER League soccer club Jurong Town FC has unveiled their latest sign ing striker Peter Murphy who scored 24 goals in 28 matches for Western Australian champions Perth Italia last season Murphy, 28, who was born in Scotland and migrated255 words
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Article, Illustration541 1989-12-23 23 KUALA LUMPUR THE FA of Malaysia’s Semi-Pro committee have identified some glaring weaknesses in the management and running of the inaugural Semi-Pro league this season. Two particular problems are linked to the competitions committee and the disciplinary board. The Semi-Pro committee,541 words
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129 1989-12-23 23 DEFENDING champion Colonial Chief was toppled when he beat only two home in the 550,000 Hongkong Invitation Cup at Sha Tin on Sunday. The Vice Regal gelding, who started a favourite at Singapore, came off a wide barrier to race fifth in the129 words
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Article50 1989-12-23 23 WITH three rank outsiders among the first four past the post in the Hopngkong Invitation Cup race, the quartet tote at Bnkit Turf Club paid a whopping 5142,871 to the sole winner who had Nos IS, 14, 7 and 8 on his ticket. The tierce paid 117,475.50 words
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Article, Illustration203 1989-12-23 23 NEW DELHI Kenneth Tan rode to fame when he won a sliver medal in the 14th Asian cycling championships in New Delhi last week the best performance by a Singaporean In the meet. Kenneth landed the silver in the 1,000 metres203 words
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Article, Illustration425 1989-12-23 23 field of 13). – TAN THEAN LOON - (field of 13). TAN THEAN LOON. PENANG Trainer Teh Choon Beng, who intended to quit the Singapore-Ma-laysia racing scene next year, will not be giving up after all. While in Hongkong for the Hongkong Invitation Cup last Sunday, Teh told the South China425 words
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Article, Illustration207 1989-12-23 24 KUALA LUMPUR Two army generals and several senior army officers were among 16 people killed when a Royal Malaysian Air Force Nurl helicopter crashed into the sea off Sarawak’s Lundu district on Monday morning. The two Kuching-based army generals wereNST picture. - 207 words
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124 1989-12-23 24 SINGAPORE has expressed the hope that foreign forces will be withdrawn from Panama, which was attacked by United States forces on Wednesday in a bid to topple General Manuel Noriega. The Foreign Ministry spokesman said on Thursday that Singapore had a deep124 words
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489 1989-12-23 24 FOREIGN workers and foreign maids will cost more in the new year. The levies on these workers are going up by $5O a month in a government bid to slow down demand for foreign workers. An announcement by the labour Ministry this week,489 words
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501 1989-12-23 24 THE increase in levy for foreign maids coupled with the income-tax relief for married career women employing such maids will encourage women to work. Brig-Gen (Res) Lee Hsien Loong said on Thursday. The Minister for Trade and Industry was501 words
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107 1989-12-23 24 HILTON Hotel was charged in a magistrate’s court on Thursday with failing to make sure that one of its restaurants was free from insects. It is alleged that on Nov 20, the hotel had five cockroaches on a wooden trolley and four more on107 words