The Straits Times : Weekly Overseas Edition, 9 June 1990

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, JUNE 9, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI(P) 37/8/89
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  • 760 1  -  More than 1,000 bosses told why they cannot ignore this major growth area By Shaun Seow THE Prime Minister has reiterated his call to international businessmen not to ignore Asia, whose “dynamism requires them to become major players”. Addressing more than 1,000
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  • 827 1  -  President Wee outlines Govt’s task: Inspire our people to go on striving By Sumiko Tan AS SINGAPORE steps into its next phase of development, the task for the Government is to find new challenges to inspire the people to continue to strive for a better life,
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  • 92 1 THE police band was still playing and drinks were still Mowing at the garden party held at Parliament House after the President’s Address on Thursday night. But it was 9.45 pm time for President Wee Wm Wee to say goodnight to the guests, including First
    Picture by WONG KWAI CHOW.  -  92 words
  • 347 1 SINGAPOREANS can have a bright future together in the 21st century and an exhibition at Changi show's some attainable and exciting possibilities. That was the message from First Deputy Prime Minister Goh Chok Tong on Wednesday. He said in opening Singapore 2000 Global
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  • PM’s visit to West Germany
    • 512 4  -  Reports by Alan John BERLIN The Singapore Government should consider changing the law which disallows citizenship for children of Singaporean women married to foreigners, Prime Minister Kuan Ww said This mighi encourage some of these women and their families to live in Singapore instead
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    • 774 4 It is determined not to lose its competitive edge again STUTTGART Prime Minister Lee Kuan Yew left Germany's south-west-ern state of Baden-Wuert-temberg last Saturday, encouraged by its plans to expand economic links with Singapore. He said that rising costs were a matter of
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    • 484 4 German state plans to expand trade links with Singapore and Asia-Pacific region PRIME Minister Lee Kuan Yew left Germany’s southwestern state of BadenWuerttemberg last Saturday, encouraged by its plans to expand economic links with Singapore. He told the state’s Prime Minister, Dr I,othar
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    • 216 4 BONN Singapore and Went Germany have signed a cultural and scientific agreement which paves the way for clooer co-operation on a wide range of activities. The move will enable Singaporeans to ping Into continental Europe’s success in several fields and establish
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    • 1035 5 I think I have reached out to as tnany of the important industrialists as I could have reached BERLIN Mr Lee Kuan Yew ended a three-week visit to Europe on Sunday saying that he achieved his aim of reminding European industrialists not
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  • HOME
    • 421 5 SINGAPORE-BORN international musicians pianist Seow Yit Kin, 35, and violinist Lee Pan Hon, 40 who played together for the first time last Friday night, met a very important concert-goer, President Wee Kim Wee, after their performance. President Wee and the First
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    • 181 5 THE SAF story unfolds in a nine-day exhibition starting on June 16. It traces the development of the SAF over the past 25 years in picture stories, weapons and uniforms. The exhibition will enable visitors to climb into F-16s, the SAF's latest fighter aircraft, find
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    • 184 6 A SINGAPORE feat that may make It to the Guineas Book of Records this month: the world’s longest human centipede. More than 1,000 men and women rehearsed for the feat on Tuesday at Marina Sooth. The actual attempt will be made on June
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    • 403 6 It will be easier for police to identify criminal suspects IT WILL be easier for the police to identify and catch murderers and rapists in Singapore from next year. This is because genetic profiling, a scientific method which can match blood or
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    • 492 6 SCHOOL leavers with an aptitude for vocational skills should not be discouraged from joining VITB courses just because of wTong public perceptions about the character of the trainees. Making this point on Tuesday, Dr Tay Eng Soon, the Senior Minister of
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    • 336 6 A GROUP of 40 Indonesian employment agencies has set up an office here to help Indonesian domestic maids with their problems, including disputes they may have with local employers. Known as the Consortium of Indonesian labour Suppliers (Conindo), the
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    • 736 7  -  Magistrate had no power to ban first offender not charged with driving car By Ben Davidson THE courts have no power to disqualify a drunken motorist from driving if he is a first offender and was not charged with actually driving the vehicle.
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    • 306 7 SINGAPORE has been ranked the top convention city in Asia for the seventh consecutive year. In the study by Union des Associations Internationales (UAI) of Brussels, Singapore also came in ninth among the top 10 convention cities in the
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    • 488 7  -  Health-conscious S’poreans now want more nutritional details By Audrey Wong FAST-FOOD restaurants are not giving consumers enough nutritional information on the foods they serve, even though Singaporeans are becoming more health-conscious. The restaurants are not required by law to declare the contents of their food, but
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    • SNIPPETS
      • 131 7 THREE penguins which landed mysteriously at the East Coast Park beach recently have found a permanent home in Singapore. After a month of quarantine, they will join the Jurong Bird Park’s penguins at the new penguin exhibit which will open later this year.
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      • 173 7 MR TONY KHOO, the Most Outstanding Chef of the Salon Culinaire '9O, will put his culinary skills to good use at the prestigious Aspen Snowmass Food and Wine Classic in the United States next week. Mr Khoo, 29, a sous chef at
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      • 119 7 NEWLY-APPOINTED Judicial Commissioner M. Karthigesu’s (below) first assignment is to act as a vacation judge during the nearly one-month-long High Court mid-year recess. Mr Karthigesu, 66, who was sworn in by President Wee Kim Wee on Tuesday, spent the afternoon in the chambers of his court room
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    • 252 8  -  By Tang Wai Yin rattan holders. The New Paper. THE king of fruits has been the victim of a lot of name-calling lately. Durian sellers are calling them XO and Tiger Hill, hoping that such labels will Imbue their fruits with a certain class and quality. “XO
      rattan holders. — The New Paper.  -  252 words
    • 616 8  -  By Serene Lim SOON it may be the Singapore Woman who serves travellers on board Singapore Airlines flights. This could come about after the current negotiations between the national airline and the Singapore Airlines Staff Union to raise the retirement age of flight
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    • 339 8 THE newly-formed National Parks Board will be an autonomous body with a special mission, the director of the Botanic Gardens has said. Dr Tan Wee Kiat said that it will develop the three national parks under its care into “valuable international assets". Speaking at
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    • 191 8 TWO wild elephants were captured on Pulau Tekong on Thursday. Malaysian trackers on their trail since Wednesday evening caught the animals, both adult males, before 11 am. The trackers used tranquilliser guns to subdue the animals, which are about 2.3 m tall at the
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    • 542 9  -  By Leong Chan Teik EIGHT joint-venture contractors have been invited to tender for the installation of an electronic road pricing (ERP) system here to automate the Area Licensing Scheme gantry points. They have till the end of July to submit
      Tirnssgraphes by TIEN CHUNG PING  -  542 words
    • 592 9  -  By Cephah Tan DECIDING on the right amount for a wedding hongbao can be tricky in a year like this, the Year of the Horse when weddings are plentiful as the Chinese zodiac heralds a year auspicious for weddings, and at
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    • 491 9  -  By Wilfred Yeo By Wilfred Yeo now in Italy with photographer Jerry Seh covering the World Cup for The Straits Times. ROME Jerry Seh Teo Hock is as Scottish as haggis is Singaporean, so The Straits Times photographer was suitably amused when he
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    • 133 9 CHESS enthusiasts here may get the chance to see world-class chess masters at play if Singapore’s bid to host the Chess Olympiad in 1994 is successful. Dr Wong Yip Chong, president of the Singapore Chess Federation (SCF) told reporters of Singapore’s
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  • MALAYSIA
    • 689 10  -  The Singapore-Johor-Batam connection By By Kalimullah Hassan KUALA LUMPUR Malaysia and Indonesia have agreed to co-operate with Singapore to develop a triangle of growth covering the Johor state, Indonesia's Batam island and the island republic. Prime Minister Datuk Seri Dr Mahathir
      Bernama picture.  -  689 words
    • 196 10 BANGI (Selangor) Deputy Prime Minister Ghafar Baba has urged Malaysians to defend trade privileges granted to their country by Washington under the Generalised System of Preferences (GSP). The government, he said, would continue to attract foreign investments to provide jobs for Malaysians.
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    • 543 10 Inquest into millionaire’s death PENANG Madam Shirley Yap, widow of millionaire Loh Kah Kheng, received Ms 3 million (Ss2.l million), custody of their children and the freedom to live life as she pleased after his death, a coroner’s inquest was told. But if she
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    • 309 10  -  minister said. KALIMULLAH HASS AN. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has refuted allegations by US-based refugee bodies that Malaysia was pushing away Vietnamese boat people. "The people who are accusing us are doing the same thing in their country
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    • 114 10 Bernama. KUALA LUMPUR Seventeen years after his death, Malaysian screen and music idol P. Ramlee received posthumously the Tan Sri award from the Yang di-Pertuan Agong in his 62nd birthday honours on Wednesday. P. Ramlee, whose career spanned more than 30 years, died
      Bernama.  -  114 words
    • 330 11  -  They will spend a month touring peninsular states October next year. KALI* Ml 1.1.AH IIASSAN. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad and his deputy, Mr Ghafar Baba, will go on a month-long campaign blitz from June 15
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    • 568 11 But she manages to flee home under cover of dark KUALA LUMPUR--A 26-year-old Malaysian woman who was chained to her bed by her parents over a forbidden love affair escaped from the house in Kampong Baru near here under cover of dark
      Malay Mall picture.  -  568 words

  • ASEAN
    • 180 11  -  ABBY TAN. MANILA The Philippines, amid fresh coup rumours, yesterday asked the United States to postpone the seeond round of bases talks to August. The postponement appears designed to give Manila more time to eonsolidate its position. A spokesman in the Department
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    • 234 11 BANGKOK Indonesia and Thailand have laid the groundwork for long-term co-operation in the field of technology. A Memorandum of Understanding (MOU) on technological co-operation has been signed and Indonesia is proposing that the two countries jointly develop their aerospace industries. Antara news agency
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    • 285 11 JAKARTA Bintan, an Indonesian island just south of Singapore, will be developed as a future industrial centre, the Mines and Energy Minister has reportedly said. Making the announcement after a trip to the island, which lies next to Batam in the Riau
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    • 264 11  -  By Ignatius Stephen BANDAR SERI BEGAWAN A major British arms supplier to Royal Brunei Armed Forces has sei up an office in the Sultanate as part of a multi-million dollar defence contract. The company, British Aerospace, a world-wide conglomerate, which now has
      File picture.  -  264 words

  • COMMENT/ Pick of the week’s editorials
    • 632 12 JUNE 9. 1990 IN HIS address to Parliament on Thursday, President Wee Kim Wee described the new session as “the end of a major phase in our nation-building". It will see the clearing up of several remaining items on the parliamentaryagenda before Mr Goh Chok
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    • 661 12 JUNE 6. 1990 PRIME Minister Lee Kuan Yew's call last week to Singapore to measure itself on its own standards and on world standards may, at first glance, appear somewhat contradictory. But the apparent ambiguity in his remark disappears if he is taken to mean
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    • 639 12 JUNE 4. 1990 ONE year after Tiananmen, words still fail realities. What is significant about the events of June 4, 1989, is not the number of people killed, nor even the number of those involved in the protests. As for casualties, figures range from the 300 touted
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    • 797 12  -  Viewpoint By Tan Ban Huat IN AN important policy statement on bilingualism in Parliament in March, Education Minister Tony Tan hinted that the ministry might reduce the word list that students taking Chinese as a second language are required to learn.
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    • 85 12 "I cannot understand this generation they think prosperity is temporary, so they want to grab it before it disappears.” Prime Minister Lee Kuan Yew on job-hopping young Singaporeans. “It was nothing really mind-shattering but people voicing fears of what will happen to them in their old age, medical fees
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  • COMMENT
    • 1300 13  -  Some see bigger role for colony as Taipei, Seoul boost ties with Beijing By Foo Choy Peng Hongkong Correspondent WHEN China plays host to the Asian Gam-*s in Beijing in September, it will not just provide an arena for sportsmen and sportswomen
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    • 622 13  -  FOO CHOY PENG. Hongkongers have come up with a term to describe Chinese from the mainland. They address the older men from China as “blu shok” (Cantonese term for uncle) and older Chinese women as “bia sum” (aunt). And from there,
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  • PROFILE
    • 1145 14 Adored by her patients but criticised by some of her peers, Dr Anne Merriman has been a lightning rod of controversy with regard to the care of the elderly and of the dying. Suzanne Ooi records some of the outspoken views of the specialist in geriatric
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    • 747 14 When you are a world-class pianist based in London like Seow Yit Kin, free time is a rarity and friends are temporarily forgotten. It’s not fun but it’s satisfying, he tells Lisa Kong DREAMY features, a slight frame and calm, histrionics-free stage manners have often caused
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  • MONEY
    • 492 15  -  By Gerry de Silva SGS-THOMSON Microelectronics is projecting a doubling of its investment in Singapore to $BOO million by 1995, if present buoyant market conditions prevail. This will make it a major player in the region’s electronics industry. In line
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    • 397 15 JAPANESE electronics and communications giant NEXT Corporation is planning to open a Business Coordination Centre in Singapore which will act as an operational headquarters for its Asean and Sri Lankan operations. NEC president Dr Tadahiro Sekimoto disclosed this on Wednesday when he
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    • 333 15 DBS BANK is poised to market computer consultancy and software services to financial institutions here and abroad as part of its strategy to promote banking from homes. For a start, its whollyowned subsidiary, DBS Computer Services, has entered
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    • 200 15 SINGAPORE will play an increasingly important role in the 1990 s as the regional centre supervising Glaxo’s operations in the Far East, Sir Paul Girolami, chairman of Glaxo said on Wednesday. Speaking on the last day of the Global Strategies Conference ’9O, he
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    • 451 15  - SES imposes one of its stiffest fines $200,000 By Goh Eng Yeow THE Stock Exchange of Singapore has imposed a stiff penalty on a small local stockbroking firm for violating its rales and bye-laws. Grand Orient Securities was recently fined S WU>O« believed to be one of the biggest to
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    • 314 15 THE Public Utilities Board (PUB) will invest about $4.3 billion between now and 1994 on more electricity, water and gas projects to allow it to meet the needs of the growing economy. Giving its outlook for this year in its
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    • 2291 16 Qr's 1990 Tal Last Vol Day Last Quota Dlv Nat High Low Cod* Company Sal* or000 High Low Buyer Sellar P/E INDUSTRIAL COMMERCIAL 261 191 t 1000 Acme 252 -1 331 253 251 251 252 290 165 1142 Alan Hidgs 50c 290 151 300 60
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    • 848 16 1M0 High Low Tol Cod* Company Lost Sal* OfV©4 Day '000 High Low Quote Ora 01« Date Payable 212 130 1 1565 C&C Wt 206 2 172 208 203 205 206 77* 68 1546 Causeway Loan 76 unch 2 76 76 754 77 60 Doc 31
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    • 443 17 The weekly sharemarket review SHARE prices on the Singapore stock market ended the week broadly higher after a weak start during the first three days of the week. The Straits Times Industrials Index managed to post a gain of 12.26
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    • 2212 17 TRANSACTION DATE: JUNE 8, 1990 1H0 Tel Last vol Day Last Quote Gr's Dlv Net High Low Code Company SESDAQ Sale -or'000 High Low Buyer Sellar P/E 157 127 t 4000 Amtek Eng20e 133 -2 17 134 133 133 134 6 ON 16 8 126 101 4008 Fuji
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    • 171 17 ST Industrials Index The Straits Times Industrials Index gained 12.26 points on the week to 1568.07. DAY CLOSE TURNOVER Monday 1552 45 (—3 36) 44 46 m ($104.51 m) Tuesday 1550 71 (-1 74) 50.25 m ($126 76 m) Wednesday 1550 93 (+0.22) 46 24 m ($129
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    • 594 17 Friday June 1 HKS Amoy Properties 305 0 025 Allied Oversees 0 940 0 048 Asia Sec Inn 2 475 005 Asia Sec War »1 0 41 -0 005 0 970 206 4-0 0? Bond Corp Ini ■0 025 Bond Corp War 91 0 87 *0 01 Bank 01
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    • 169 18 Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.8330 1 8550 Sterling pound 3 0808 3.1405 Australian dollar 1.4070 1 4478 Canadian dollar 1.5555 1.5902 N7 dollar 1.0535 1 0880 Singapore dollars to 100 units of foreign currency Austrian schilling 15.3168 15 8955
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    • 92 18 Contract data: S/S/SO CUMfNCVl MTH 3 MTH 6 MTH 9 MTH 12 MTH CAll VALUE DATE US) 7* 7* 7* 7* 7* 7* 12/6/90 *J 13* 13* 13* 13* 13* 12* 12/6/90 WJ 12* 12* 12* 12* 12* 11* 12/6/90 STG 14* 14* 14* 14* 13* 13*
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    • 470 18 Waak andad Juna 1. Compiled by Business Times Final results Company Date Year Group Net Net earnings Gross ann to proNt/loss (L) per share dividend (’000) (cents) 96 NOl Mi, 29 Dec 89 *73.510<SS0.963) 16 1(135 5TE(3.5TE) Seme Maritime May 29 Doc 89 $11,906(18.508) 17 0(122) 10(7,5) Tuan
      Compiled by Business Times  -  470 words
    • 450 18  -  By Steven Pak KUALA LUMPUR, which is in the midst of a construction boom, sent its largest-ever delegation of building planners to Singapore over the weekend to learn about the latest developments in building automation and to discuss the possibility of co-opera-tion
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    • 453 18  -  By Caroline Chan AFTER some delay, a major new commercial development most likely comprising an office-cum-retail project is expected to rise soon from the highly-prized Thai Embassy site in Orchard Road. Announcing the development tender for the 18,368.5-sq m project
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    • 204 18 TWO of the Big Four local banks OCBC Bank and Overseas Union Bank are rated among the top five institutions that are best at dealing in the Singapore dollar. International treasurers polled in a global foreign exchange survey conducted by Euromoney voted Hongkongßank,
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    • 256 18 Manager's prices for June 9 11 Singapore Unit Trust The Commerce 1 26-1 34xd The Savings Fund 1 OS-1 16 S'pore Prog Fund 0 49-0 52 S pore Sec Fund 0 84- 0 89 S pore Invest Fund 0 93-0 99 S'pore Equity Fund 059-0.63 Asia Unit Trust
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    • 395 19  -  By Caroline Chan THE Oakford Group, an Australian company involved in managing service apartments, is making its first foray into South-east Asia with a $2OO-million project to develop an all-suite hotel in Singapore. This investment is part of the
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    • 1172 19 Current Ex Boohs Date Total for Total for payment date dose payable the year last year Amcd 10% lun 18 Jun 28 Jul 16 10% 10% BM 8% lun 8 Jun 22 Jul 2 8% 5% Bonvesh 3% Jun 25 Jul 6 Jul 18 3% 3% Boutead 5%(l)
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    • 350 19 AMFRICAN-based chemicals giant Du Pont is projecting a total investment of more than $2 billion in Singapore by the year 2WKI as part of its overall plan to expand its presence in the rerfon. World-class plants «111 be in operation
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    • 384 19 Company Rights Issue Apofc One-tor-one (a SI 85 per share Ei-date Apr 23 Books Close May 7 Acceptance Payment Jun 15 K£ Carpn One tor three (a MSI 60 per share $*****m IS Convertible Unsecured Loan Stock of MS 1.00 nominal value to be issued on the basis
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    • 399 20 SINGAPORE is liberal in allowing foreign participation in the financial sector, with foreign banks having captured about 60 per cent of total assets in the domestic banking market at the end of last year. This was the view expressed by Mr
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    • 344 20 MBT. KUALA LUMPUR Prime Minister Datuk Seri Dr Mahathir Mohamad has expressed confidence that the Malaysian economy will achieve its fourth consecutive above-8-per-cent growth. Investments in the first five months of the year alone have exceeded the total for the whole of last year, he
      – MBT.  -  344 words
    • 379 20 SDC awards tenders for theme parks, food village and resort hotel A TOTAL $l5l million will he ploughed into developing four new Sentosa attractions, including a resort hotel, a food village and two theme parks. Announcing the tender awards for the four
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    • 441 20 TWO major Singapore companies will be acquiring, separately, a 14-per-cent stake in a Hongkong newspaper company, South China Morning Post Holdings Ltd (SCMP), at a cost of about $154 million (HK5646.8 million). A statement from SCMP and its parent, The News
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    • 311 20 THE region’s good growth prospects plus increasing business globalisation is leading more French multinationals to use Singapore as a base to expand into Asia. But at the same time, the French businessmen say that they are also keeping
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  • Page 21 Advertisements
    • 695 21 APPOINTMENTS Singapore Press Holdings invites applu alions from suitably qualified candi dales for the following vacancy in its Research information <R I Department. Marketing Division Research Manager Reporting to the Deparimcni Head. R 1. the successful candidate will be expected to be an active team piayer in carrying our marketing/
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  • Page 22 Advertisements
    • 1003 22 APPOINTMENTS HOUSING DEVELOPMENT BOARD imites applications from Singapore Citizens/Permanent Residents of Singapore for the follouing appointments. (A) ACCOUNTANT Qualifications An Honours degree in Accountancy or equivalent. Those with a general degree in Accountancy may be considered for the post of Administrative Assistant (Accounting). Responsibilities Formulation of financial policies and procedures,
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  • FORUM
    • 270 23 I WAS glad to read the article “Champion of the dying” (The Sunday Times, May 27 and Straits Times Overseas Edition today, Page 14). Singapore is fortunate to have the services of Dr Anne Merriman, a capable, sympathetic and dedicated doctor whose concern
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    • 329 23 KKGAKDING the recently announced Sportsman and Sportswoman of the Year awards, I wish to congratulate and give all credit to Lee U’ung Yew and (iraee Young, whom I think performed excellently in their respective fields. However, 1 am embarrassed to tell my
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    • 440 23 Sports awards: Reply WE REFER to the letter, “Sports awards: It’s time for a rethink", by Mr Allan Lee Foon Min (above). We agree that Mr Lee should be embarrassed not for telling his English and American friends that our best athletes
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  • Page 23 Advertisements
    • 148 23 v,::v: i: ■•••5 H BS§ 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
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  • 619 24 slom grant but no automatic waiver for tertiary students admitted from next year MALAY students admitted to tertiary institutions from next year will not enjoy automatic fee waiver. The less well-off among them will have fees reimbursed by Mendaki. (See table). These guidelines were contained
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  • 94 24 READY, steady, fire the First l.ady, Mrs Wee Kim Wee, tried out her shooting skills at the Police Academy on Sunday. The First l.ady did this at a game stall at the Pnlice Week Carnival, which marked the end of Police
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  • 496 24  -  By Sandra Davie THE Singapore Government is sending counsellors overseas to help its students studying abroad keep their ties with home and to attract them back. Presently there are two student advisers, one in (.ondon and another in Washington. But the Public Service Division
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