The Straits Times : Weekly Overseas Edition, 31 March 1990
1990-03-31
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The Straits Times : Weekly Overseas Edition
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Title Section20 1990-03-31 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, MARCH 31, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/8920 words
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Article, Illustration1017 1990-03-31 1 Sumiko Tan - Next Parliament can decide to shelve move; Chok Tong promises to lift Whip By Sumiko Tan PARLIAMENT has approved the Bill to allow Nominated MPs (NMPs) into the House after Mr Goh Chok Tong promised to lift the party Whip when the next Parliament decides whether1,017 words
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125 1990-03-31 1 SINGAPORE ranks 10th in the world thriftiness chart, with an average per capita bank savings of more than US$lO,OOO (Ssl 8,700). But the Republic still has a long way to go to catch up with the Japanese, who are the world's top savers with an125 words
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230 1990-03-31 1 THE Ministry of Health will be handing over its function of overseeing the National University Hospital to the National University of Singapore. Announcing this on Tuesday, Acting Health Minister Yeo Cheow Tong said the move would be in keeping with NUH’s function230 words
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Article74 1990-03-31 1 A SINGAPORE-BORN woman was found stabbed to death in her apartment in New Jersey, United States, on Sunday. According to a preliminary investigation by US authorities, Madam Lee Kui Yin. 39. had been dead for about a week. Sources in the US said Madam Lee,74 words
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Page 1 Advertisements
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Advertisement12 1990-03-31 1 Man who conned 33 single women gets 10 years’ jail: Back Page12 words
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Advertisement91 1990-03-31 1 099S' 2:' .t»** Membership Hus Its Privileges Cupid aims at those without 0 levels Page 2 NEWS FOCUS Prom nights in hotels ‘not lavish affairs' PAGE 3 HOME Two best friends in bizaree deaths PAGE 8 S'pore's pagerpopulation ratio world's highest PAGE 9 MALAYSIA Mahathir: KL may invest in new91 words
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NEWS FOCUS
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Article, Illustration863 1990-03-31 2 Sandra Davie - Govt’s decision to sell historic place triggers appeals for preservation By Sandra Davie EX-STUDENTS and teachers of the Convent of the Holy Infant Jesus, deeply upset at the Government's decision to sell the historic site, have appealed for the building and its863 words
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506 1990-03-31 2 MIX an old-fashioned belief with silicon intelligence and volla! A computerised wishing well that takes greeting cards instead of coins. The latest model dubbed the Wishing Singapore Weil will be launched on April 29 as part of the 25th Anniversary Celebrations. The506 words
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598 1990-03-31 2 PA sets up a matchmaking unit to help 150,000 CUPID has a new target singles who have not completed secondary school. They are the focus of the newly set-up Social Promotion Section (SPS) of the People's Association (PA). The section will organise activities598 words
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Article, Illustration698 1990-03-31 3 Chua Chong Jin - Teachers and students disagree with criticism voice by MP By Chua Chong Jin EDUCATIONISTS and students have dismissed a suggestion that prom night is an extravagant affair on which junior college students splurge hundreds of dollars on clothes and makeup to outdo698 words
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376 1990-03-31 3 Leong Chan Teik - By Leong Chan Teik A HIGH-LEVEL, 10-member working committee of Singapore and Thai medical experts has been formed to probe the mysterious deaths of Thai workers here. The group will review the unexplained deaths of more than 200 young376 words
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594 1990-03-31 3 Victor Er - By Victor Er SINGAPOREANS are turning away from some of their favourite holiday spots, such as China and Europe, because of rising travel costs. A check with 10 travel agents show-ed that relatively cheaper destinations, such as the United States594 words
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HOME
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Article, Illustration1677 1990-03-31 4 Ben Davidson - By Ben Davidson THE High Court has quashed a Law Society order that Deputy Public Prosecutor Lawrence Ang pay a $l,OOO penalty for professional misconduct in the way he handled Francis Seow's tax evasion trial. In clearing Mr Ang1,677 words
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Article207 1990-03-31 4 THE managing director of a construction company was on Tuesday charged with evading taxes on about $1.5 million of income over a seven-year period. Poh Boon Tiong, 57, of Lip Seng Construction Pte Ltd, was also accused of helping his company evade taxes on207 words
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413 1990-03-31 4 He also urges Govt to consider privatising SBC THE Government has been urged to seriously consider privatising the Singapore Broadcasting Corporation to reach out to the wider market of satellite broadcasting. Making the point, the MP for Kebun Baru, Mr Lim Boon Heng.413 words
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308 1990-03-31 4 JOINT research planned between the National University of Singapore (NUS) and the world-renowned Massachusetts Institute of Technology (MIT) has received a boost in the form of an initial $400,000 sponsorship from Neptune Orient Lines. The sponsorship by the listed national shipping line starts this year.308 words
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Article, Illustration493 1990-03-31 8 Sandra Davie - Interview with man behind university changes By Sandra Davie TERTIARY education in Singapore is headed in the right direction, said the British educationist who is instrumental in bringing about the latest changes to the country's institutions of higher learning. In a recent493 words
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Article, Illustration481 1990-03-31 8 A TEENAGE girl was murdered in East Coast Park while her best girlfriend died from a fall in Circuit Road within hours of each other last Saturday. Miss Ng Lee Khang. 18, may have been pushed over by a man with whom she was481 words
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510 1990-03-31 8 Tan Ee Sze - By Tan Ee Sze NEIGHBOURHOOD schools are getting better and are fast catching up with the top schools. These schools which serve new towns and housing estates have achieved striking improvements in their O level pass rates. Compared to510 words
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582 1990-03-31 8 It’s a ‘necessary disruption’ say reservists involved THE Singapore Armed Forces’ first-ever “silent” mobilisation during office hours of its reservists proved a success, with 97 per cent of the soldiers reporting to their centres within eight hours of activation. The exercise,582 words
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154 1990-03-31 8 AN 11-year-old schoolgirl, said to be “in good health", died shortly after collapsing twice daring a race at her school sports day last Friday. Ng Bee San, a Primary 5 student of Bendemeer Primary School, was running the 4 X IN m relay race154 words
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Article, Illustration660 1990-03-31 9 Chua Chong Jin - Something wonderful happened to skateboarding when the elders gave the nod to an unusual idea By Chua Chong Jin A GROUP of young skateboarders have every reason to be pleased with themselves. After getting permission from the People’s Association, the group of more than 20660 words
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Article, Illustration471 1990-03-31 9 Loh Tuan Lee - By Loh Tuan Lee climbing trips. New Paper. MOUNTAINEERING as a sport in Singapore is reaching new heights. This was claimed by New Zealand professional mountain guide Mr lan Stevens, 27, who was here on Sunday with his colleague Mr Bill Atkinson, 44, toclimbing trips. New Paper. - 471 words
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Article, Illustration381 1990-03-31 9 One out of every five working people carries one, says Telecoms IT IS on almost every hip. Every other person in Singapore seems to be carrying that übiquitous little black box. From store ha rids to touts, from teenagers to secretaries, they are all pager-carriers. One381 words
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BUDGET DEBATE
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Article646 1990-03-31 5 Repeat offenders: $3,000 to $lO,OOO fine, mandatory jail term up to a year and driving ban Traffic Police can immediately suspend licences of 3 groups of motorists pending trial Road Traffic (Amendment) Bill PARLIAMENT on Wednesday approved tough new penalties against drunk and other irresponsible drivers646 words
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287 1990-03-31 5 PRICKS of essential food items have generally remained stable in the last 111 years, the Finance Minister, I)r Richard Hu, said on Tuesday. Citing a list of 10 items, he said hen’s eggs cost the same today as in 1986, while287 words
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Article, Illustration346 1990-03-31 5 Licence can be revoked after 12 demerit points in first year NEWLY-qualified drivers and motorcyclists will now have to undergo one year of probation. During this period, those w'ho accumulate more than 12 traffic demerit points can have their licences revoked. Professor S. Jayakumar,346 words
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165 1990-03-31 5 ANYONE who damages or destroys the Mass Rapid Transit system’s infrastructure and premises will now face a fine of as much as $200,000 or a jail term of up to a year, or both. These penalties are provided for in the MRT Corporation (Amendment)165 words
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298 1990-03-31 5 SEVENTY years old this Ls the age at which a person will no longer he allowed to drive a heavy vehicle. Other than this, he will, when he turns 65, also have to undergo driving proficiency tests every year. These298 words
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207 1990-03-31 5 PARLIAMENT has approved without debate the Bill to set up a third polytechnic in Singapore. Moving the Temasek Polytechnic Bill through its second reading. Senior Minister of State (Education) Tay Eng Soon on Wednesday reiterated that the philosophy underlining the Government’s education policy was207 words
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Article, Illustration1021 1990-03-31 6 Medical care within reach of all despite restructuring: Cheow Tong PROPER medical care is still within the reach of poor Singaporeans and will always be, despite the restructuring of Government hospitals. Giving this assurance in Parliament on Monday, Acting Health Minister Yeo Cheow Tong1,021 words
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557 1990-03-31 6 ONE in four specialists in the private sector earn more than $20,000 a month compared to 8 per cent of those in government and restructured hospitals. And while 12 per cent in private practice earn more than $30,000557 words
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213 1990-03-31 6 THE medical needs of the elderly got an airing on Tuesday with two MPs urging the Government to do more for the aged sick. Dr .Aline Wong (Tampines GRC), chairman of the Gov* ernment Parliamentary Committee for Health, wanted senior citizens’ health care213 words
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770 1990-03-31 6 RESTRUCTURED Government hospitals will be closely monitored to ensure that there is no wasteful duplication of expensive services. Acting Health Minister Yeo Cheow Tong told Parliament on Tuesday. The restructuring programme would proceed, he said, because this was the best way to ensure betterrun770 words
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Article, Illustration655 1990-03-31 7 Dr Seet and Chiam in verbal duel SPARKS flew when Mr Chiam See Tong (Potong Pasir) and Minister of State Seet Ai Mee crossed swords thrice, during the Community Development debate on Friday last week. ROUND ONE: Mr Chiam asked Dr Seet how she655 words
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662 1990-03-31 7 Republic’s overall rate one of the world’s lowest, he tells House CONTRARY to popular belief, inflation in Singapore has had a lesser impact on lower-income households than it has on the general population. Besides, the Republic, with an overall inflation rate of 2.4 per662 words
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558 1990-03-31 7 BUSINESS costs have indeed gone up, hut there is no need to panic or cry wolf as Singapore is still interna-tionally-eompetitive, said Trade and Industry Minister listen Loong on Monday. However, the Republic has to be very careful about its cost levels558 words
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196 1990-03-31 7 THE Government must do more to turn Singapore into a gracious society and an international centre for arts and culture, Mrs Yu-Foo Yee Shoon (Yuhua) has said. Homing in on the performing arts, she urged the Government to: FIND homes for196 words
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365 1990-03-31 7 THE Government does subsidise the performing arts and heavily too, Mr Wong Kan Seng has said. It subsidises the maintenance of concert halls and theatres so that cultural groups do not pay the full cost in rents. And government subsidies for performances, such365 words
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MALAYSIA
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Article, Illustration485 1990-03-31 10 Ismail Kassim - By Ismail Kassim KUALA LUMPUR Malaysia is prepared to invest in a new port to meet a proposal by a Taiwanese steel company if it is assured of good returns. Prime Minister Datuk Seri Dr Mahathir Mohamad has said. He said MalaysiaBernama picture. - 485 words
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Article232 1990-03-31 10 -AFP. KUALA LUMPUR A joke by actor Steve Martin at Tuesday's Academy Award ceremony has upset young politicians in Prime Minister Datuk Seri Dr Mahathir Mohamad’s United Malays National Organisation (Umno). In an apparent reference to Malaysia's tough drug laws. Mr Martin, star of the-AFP. - 232 words
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338 1990-03-31 10 ippines in 1993. Bernama. KUALA LUMPUR A panel of Asean experts has been formed to study the possibility of establishing a network for an exchange of information on welfare matters. the Secretary-General of the Malaysian Welfare Services Ministry, Datuk Syedippines in 1993. Bernama. - 338 words
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305 1990-03-31 10 Malaysia will lodge protest if complaint is valid KUALA LUMPUR Several fishermen in a Johor village have complained that they were detained and tortured by Singapore authorities for allegedly intruding into the Republic’s territorial waters, the Utusan Malaysia newspaper has reported. According to305 words
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190 1990-03-31 10 KUALA LUMPUR Work on the second link between -lohor and Singapore is expected to begin in the middle of this year, the Deputy Works Minister Datuk Alex Lee said. Malaysia’s Berita Marian newspaper quoted Datuk lice as saying that190 words
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327 1990-03-31 10 NST. KUALA LUMPUR Education Minister Anwar Ibrahim has clarified that a reported ruling by the Universiti Pertanian Malaysia (UPM) requiring students to have at least a credit in English to qualify for the university was just a proposal. “They are just– NST. - 327 words
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Article, Illustration247 1990-03-31 11 Its accessories include a freezer, CD hi-fi system, TV set, video KUALA LUMPUR The makers of the Proton Saga has come out with a limousine. The first prototype of the limousine was loaned to the Malaysian Prime Minister, Datuk Seri Dr Mahathir Mohamad on Wednesday247 words
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293 1990-03-31 11 KUALA LUMPUR The Malaysian Deputy Foreign Minister has said that there should be more communication between Malaysian and Singapore leaders to prevent suspicions and misunderstandings from arising. Datuk Dr Abdullah Fadzil Che Wan told The Star newspaper that leaders should hold293 words
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228 1990-03-31 11 KUALA LUMPUR A a jet-setting Malaysian Chinese Casanova, who blackmailed wealthy married women by threatening to release nude photographs of them, is wanted by police in three countries, the Sunday Mail reported. The newspaper said the 32-year-old man, who jumped bail228 words
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214 1990-03-31 11 JOHOR BARU Johor’s Waterworks Department has begun water rationing in the Kluang and Batu Pahat districts of the state following the closure of two reservoirs seriously hit by the prolonged drought. It has not ruled out the possibility of state-wide rationing if the214 words
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ASEAN
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Article, Illustration292 1990-03-31 11 ‘Move will enable Republic to feel more secure’ THE need for other members of Asean to take an “accommodative approach” towards Singapore has been cited as one of the reasons for Jakarta’s decision to allow the Republic’s air force to train in Indonesian air space. According to292 words
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Article, Illustration307 1990-03-31 11 Abby Tan - By Abby Tan Manila Correspondent MANILA The Philippine armed forces has ordered the court martial of two generals and 19 other officers for their role in last December’s coup attempt against President Corazon Aquino. Armed forces chief General Renato de Villa said307 words
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224 1990-03-31 11 revenue last year. Bemama. JAKARTA Singaporeans form the biggest number of visitors to Indonesia, says its Director of Tourism, Mr Joop Ave here. Tourists from Singapore will be among some 530,000 people from the Asean region expected to visit Indonesia this year, he added.revenue last year. Bemama. - 224 words
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COMMENT/ Pick of the week’s editorials
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Article616 1990-03-31 12 MARCH 26. 1990 SMALLcountries need to be nimble to survive. This has been the guiding philosophy behind Singapore's foreign policy in the last 25 years. It is especially crucial in a world in ferment, as is the case today. Last Thursday, Foreign Minister Wong Kan Seng invoked this616 words
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Article694 1990-03-31 12 MARCH 28. 1990 OVER the weekend, some good news came from Japan following the latest round of its trade talks with the United States. After a year of shilly-shallying. Japan has finally given in to two major demands from its most important trade partner. Tokyo has694 words
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Article637 1990-03-31 12 MARCH 31. 1990 AFTER almost a week of uncertainty, the Australian Labor Party led by Prime Minister Bob Hawke has at last been declared winner of last Saturday’s Australian general election. He has thus secured for himself an unprecedented fourth term as Australia’s Prime Minister. But637 words
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811 1990-03-31 12 TAN SAI SONG - Viewpoint TAN SAI SONG SINGAPORE Telecom was called “a national asset” in Parliament last week, underlining how valuable it is. The Minister for Communications and Information. Dr Yeo Ning Hong, also said the Government wanted "to enable as many Singaporeans811 words
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Article107 1990-03-31 12 “Health care is not a choice. It is a necessity. The only way a poor person can avoid spending enormous amounts of expenses when he falls sick is to neglect his health, and this is not acceptable.” MP for Past Panjang GRC, Dr Wan Soon Bee, stressing the point107 words
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COMMENT
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Article, Illustration1226 1990-03-31 13 Foo Choy Peng - By Foo Choy Peng Hongkong Correspondent IT used to be said jokingly that only Singaporeans living on the fringes of the law find Hongkong a more lucrative field. Perhaps so. But not anymore. These days, not a small number of young and ambitious1,226 words
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1252 1990-03-31 13 The Malaysian Finance Minister, Datuk Paduka Daim Zainuddin, on Thursday delivered the opening address at the fourth Asean Roundtable, a forum organised by the Institute of South-east Asian Studies. Asean Roundtable is a regular meeting which brings together senior Asean officials, business leaders1,252 words
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MONEY
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Article, Illustration565 1990-03-31 14 Koh Bee Ann - By Koh Bee Ann IN A MOVE much dreaded by the local stockbroking fraternity, the Stock Exchange of Singapore may open the way to allow '‘outsiders” to trade on its over-the-counter market, Clob International. Speaking on the future of the565 words
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Article, Illustration332 1990-03-31 14 SIDEWALK cafes and Roman columns are just two items expected to fire the imagination of Singaporeans and tourists in a marketing blitz for the soft opening of Marina Village International (MVI) in May. Khamis Holdings will invest more than $1 million to332 words
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266 1990-03-31 14 ARGOS Engineering, a Singapore subsidiary of Hong-kong-listed Chung Wah Shipbuilding and Engineering Group, has clinched a blockbuster series of contracts worth about Ssl6o million to build nine tankers for foreign shipowners. Chung Wah, one of Hongkong’s largest shipbuilders, bought the yard in 1986 when266 words
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576 1990-03-31 14 They pick ballrooms for their sales BIG department stores are now turning to hotel ballrooms to hold exclusive sales for credit card holders and their own card members. Not satisfied with the usual sales in the stores, the big stores use the576 words
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Article240 1990-03-31 14 Manager’s prices for March 30 Singapore Unit Trust The Commerce 1.32-139 The Savings Fund 1 10 —1 17xd S'pore Prog fund 0 50—0 54 S'pore Sec Fund 0 85-0 90 S'pore Invest fund 0 90 0 95 S'pore Equity Fund 060—0 65 Asia Unit Trust Mai Invest Fund240 words
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339 1990-03-31 15 THREE corporate giants, Keppel Corporation and the Indonesian Summa and Astra groups, are strengthening their ties through a joint venture which will invest in the region, particularly Indonesia. In a statement issued on Monday, Keppel said the investment promotion company will339 words
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COMPANY RESULTS
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Article331 1990-03-31 15 I Week ended Mar 23 Compiled by Business Times. Final results Gross Group net Company dividend profit/loss ('000) Year to B A T 122.7c (72) $22,398 ($12,002) Dec 89 Preliminary results Gross Group pre-tax Company dividend profit/loss (’000) Year to Guthrie GTS $2,021 ($8661) Dec 89 Hiap Moh 5 (7.5)Compiled by Business Times. - 331 words
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244 1990-03-31 15 SINGAPORE has been picked by the International Air Transport Association as its Asia-Pacific regional training centre. More than 25 per cent of its training courses this year will be held here. So far, lata’s courses have mostly been held in Switzerland. A244 words
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Article, Illustration626 1990-03-31 15 Salma Khalik - By Salma Khalik THREE airlines with one name and one logo. A mega carrier spanning the globe. This concept involving national carrier Singapore Airlines could well come true, soon. Following the move in buying shares in each other, SIA, Swissair and Delta626 words
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436 1990-03-31 15 Koh Bee Ann - By Koh Bee Ann NO MORE registration fees, problems in overworked backrooms, late scrip delivery and forged share certificates these are some of the benefits that will come when scripless trading is launched next month. At a press briefing on Monday. Stock Exchange436 words
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Article156 1990-03-31 15 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar I 8700 1.8920 Sterling pound 3.0255 3 0849 Australian dollar I 3810 1.4218 Canadian dollar 1.5815 ***** NZ dollar ***** 1.1011 Singapore dollars to 100 units of foreign currency Austrian schilling 15 4958156 words
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Article104 1990-03-31 15 Contract data: 29/3/90 CURRtNCYl MTH 3 MTH 6 MTH 9 MTH 12 MTH CULL VALUE DATE Uij 734 73* 8 8 8 7'/, 2/4/90 A$ 14 1 nu 14 137* 13 7 13’/, 2/4 90 N2$ 12’. 12’» 12 s 12V, 12V, 11 2/4/90 STG K 1104 words
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Article1863 1990-03-31 16 TRANSACTION DATE: MARCH 30, 1990 INDUSTRIAL COMMERCIAL 244 111 X 1000 Acma 201 -4 256 205 196 200 203 245 87* X 1143 Amcol 25« 232 -5 1151 233 224 232 233 67 393 1230 1040 X 1602 Asia Pacific 1100 1100 358 19 0 396 224 X1,863 words
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Article429 1990-03-31 16 INDUSTRIAL COMMERCIAL 290 150 1142 Ala* Hldgs 50c 270 60 482 129 99% t 1521 C&C Rts (Share) 99% -9% 316 107 99% 99% 100 78 46% t 1517 CAC Rts (Wt) 1589 Causeway A 51 430 52 48% 51 52 182’ 56 1 1160 Inno-Paciflc 137 2429 words
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Article760 1990-03-31 16 330 124 t 1543 CK Tang Wt 90 237 235 236 77» 68 1546 Cauaeway Loan 76» 76 77 60 Dec 3 66 37» 1545 Cauaeway Wt 62 *3 43 62 59 62 63 62 70 1 1591 Chuan Hup Notee 82 unch 3 82 82760 words
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Article613 1990-03-31 17 The weekly sharemarket review THE local stockmarket showed that it continued to be affected by the volatile Tokyo stockmarket. It started the week on a firm note with The Straits Times Industrial Index breaching the 1.600 mark for the fist time. On Tuesday, it reached613 words
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Clob International
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Article1958 1990-03-31 17 TRANSACTION DATE: MARCH 30, 1990 1*69/90 Tel Last Vot Day leaf Quote High Low Cod* Company Sal* OC000 High Low Buyer Seller HONGKONG STOCKS 102 87 1418 CDL Hotals Inti 87» 1488 89 87 87» 88 1246 Cathay Pacific cd 1000 980 1739 Chaung Kong 1000 cd 1245 Dairy Farm1,958 words
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Article150 1990-03-31 17 ST Industrials Index THE Straits Times Industrials Index fell 4.34 points on the week to 1,581.08 points. Dav-to-day indices: MONDAY: 1,6*4.08 points (up 18.66); 128.52 m units (valued at s26® m); TUESDAY: 1,617.12 (up 3.94); 99.90 m units ($211.47 m); WEDNESDAY: 1,6®5.16 (down 1.96); 82.33 m units150 words
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Article587 1990-03-31 17 Friday March 30 MKt Amoy Properties 2.975 -0 125 AlliaO Overseas 096 <01 Asia Sec Int'l 2.175 unch Asia Sec War 91 Allied TW 039 1.02 ♦0005 «001 Bond Corp Int'l 1 86 -0 01 Bond Corp War 91 Bank o< EA 0 96 13.70 345 -0 03 •010587 words
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451 1990-03-31 18 Mary Kwang - Investors are attracted to the strong performance and growth of soon-to-be NIE By Mary Kwang THAILAND, which looks set to join the ranks of the newly-indus-trialising economies (NIEs) before the end of the decade, attracted record high investments from Singapore companies last451 words
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418 1990-03-31 18 Ismail Kassim - By Ismail Kassim KUALA LUMPUR The outlook for the Malaysian economy is bright as 1990 is expected to end with another strong performance, Bank Negara Governor Tan Sri Jaffar Hussein has said. At a press conference on Thursday to release the central bank's418 words
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564 1990-03-31 18 But Washington reiterates ‘software on diskette is a merchandise’ THE United States Department of Commerce has ruled that a piece of Singapore software was not unfairly subsidised by the government. It has thus reversed an earlier decision to levy a countervailing duty564 words
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Article, Illustration366 1990-03-31 18 Bernama. KUALA LUMPUR The days when wealthy Malaysians can get away without paying their huge bank loans merely because the court has declared them bankrupt are numbered. Bank Negara Governor Tan Sri Jaffar Hussein said on Thursday that he had discussed withBernama. - 366 words
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297 1990-03-31 19 COMPANY RESULTS OCBC BANK has posted record bottom-line earnings for last year, which would support its cash call of a 6-for-100 rights-cum-warrants issue proposed on Wednesday. For the year ended Deo 31, extraordinary items of $133 million lifted bottomline gains to297 words
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338 1990-03-31 19 STRONG demand for ship conversions and major repairs throughout the world last year has led to a sparkling set of results from Jurong Shipyard Ltd (JSL). For the year ended Dec 31, the group reported a 32.7-per cent jump in pretax profit to338 words
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Article302 1990-03-31 19 Company Rights Issue mil One-tor-four (a. M$2 40 per share Ex-date: Mar 8 Books close: Mar 22 Acceptance Payment: May 10 etc Two-tor five <g, $210 per share Three warrants tor every 10 existing shares held at $048 per warrant Ex-date Feb 7 Books close: Feb 19 Acceptance302 words
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240 1990-03-31 19 INTRACO Ltd turned in an all-time high turnover and record profit for the year ended Dec 31, 1989 after all earning sectors hummed along well. The international trading company chalked up group turnover of $776.6 million, a hefty Increase of 36.4 per240 words
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151 1990-03-31 19 LOWER interest charges and higher operating profit helped steer national carrier Neptune Orient Lines to another record-breaking year. Group pre-tax profit for 1989 grew 55 per cent to $80.57 million on a 7.9-per cent increase in turnover to $1.32 billion and.151 words
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Article786 1990-03-31 19 Current Ex Books Date Total for Total for payment date close payable the year last year Avimo 15%TE Feb 28 Mar 12 May 15 25%TE 25%TE BAT 90.9% (n) Apr 6 Apr 19 May 3 122.7%(n) 72% Boustead 5%(l) Apr 18 May 4 Jun 7 5% 15% Centrepoint786 words
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FORUM
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505 1990-03-31 20 A high-stress environment not necessarily a society of excellence I REFER to Prime Minister Kuan Yew’s speech on the choice between the pursuit of excellence and a less stressful system as reported in The Straits Times of Feb 28. With all due505 words
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Article268 1990-03-31 20 IN THE light of changes to the education policy, I urge the Ministry of Education to re-evaluate the examination system practised In university and schools in Singapore. A student’s progress and performance are based on how well he does in a three-hour examination. Within these268 words
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Article101 1990-03-31 20 I WOULD appeal to the Urban Redevelopment Authority to desist from its plan to convert the CHIJ chapel into a marketplace to which use it would inevitably be put by any developer. This sanctified building should, in line with the URA’s declared intention “to preserve it101 words
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Page 20 Advertisements
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Advertisement141 1990-03-31 20 in 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. Making141 words
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Advertisement132 1990-03-31 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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Advertisement1154 1990-03-31 21 APPOINTMENTS NATIONAL UNIVERSITY OF SINGAPORE RESEARCH SCHOLARSHIPS Research Scholarships are available to outstanding university graduates registered for, or admissible to, master's and doctor's degree programmes by research at the National University of Singapore. The Scholarships are tenable for one year in the first instance and, subject to satisfactory progress, renewable1,154 words
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Page 22 Advertisements
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Advertisement827 1990-03-31 22 APPOINTMENTS As a manufacturing subsidiary of the German multi-national group, PEPPERI FUCHS, leading manufacturer of proximity sensors and control devices, we play a key role for the group activities in Asia. For the last 10 years, we have a strong record of growth and success. To enhance this, we require827 words
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SPORTS
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Article, Illustration397 1990-03-31 23 Shirlynn Ho - By Shirlynn Ho IT HAS been officially confirmed Singapore's top woman darter Jaime Koh is world N 0.3. The official world rankings after the 1989 season shows the Singaporean's name two notches up from her previous year-end position. According to Lam Yin397 words
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Article, Illustration401 1990-03-31 23 Trudy Lim - Not horses but athletes at turf club By Trudy Lim making a fast buck. New Paper. PEOPLE were cheering at the Bukit Turf Club on Friday last week, but where were the horses? The well-worn race track reverberated beneath the feet of the fit and the tough.making a fast buck. New Paper. - 401 words
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Article185 1990-03-31 23 Semi-Pro Premier League GEYLANG International are the Premier League soccer champions again. Geylang retained the crown on goal difference and won $30,000 in cash after unrated Singapore Armed Forces Sports Association upset Jurong Town Football Club 1-0 at Jurong Stadium on Monday, the goal coming from185 words
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Article, Illustration956 1990-03-31 23 Godfrey Robert - Without the big-time stars, the crowds will not come out to play in Singapore sports THE SPORTS EDITOR SAYS... By Godfrey Robert TO GO or not to go? This question often grips sports fans at the last-minute when a sporting occasion looms.956 words
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476 1990-03-31 24 LOCAL companies hiring skilled employees from overseas will soon be able to recover part of the costs of relocating the workers and their families to Singaa pore. The Economic Development Board (EDB) announced on Wednesday that the Company Grant Scheme offers476 words
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Article, Illustration464 1990-03-31 24 THE married man who conned 33 single women out of $1.13 million with promises of marriage and a matrimonial home was on Thursday sentenced to 10 years of preventive de- tention. Tan Swee Kok alias Lee Joo Nee, 43 and464 words
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Article, Illustration399 1990-03-31 24 CORPORAL Goh Ah Chuan set eyes on his baby son for the first time when he arrived home from Namibia on Tuesday night. “Wah, you’re so big," he cooed over Jonah, who frowned and started to399 words