The Straits Times : Weekly Overseas Edition, 15 December 1990

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times WEEKLY OVERSEAS EDITION SATURDAY, DECEMBER 15, 1990 Price: 551.20 (in Singapore) Elsewhere by subscription only MCI (P) 71/8/90
    21 words
  • 1102 1  -  Price of new cars under the scheme lower by up to $15,000; 70 per cent discount on road tax By Leong Chan Teik THE much-debated weekend car scheme is to be introduced, probably from next May, as yet another way to beat traffic
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  • 342 1 JAPANESE housewife Tomiko Takahashi arrived in Singapore with her husband on their second honeymoon on Monday with plans to shop and spend a quiet time together. But her plans went awry the moment she landed at Changi Airport at 6.37 pm. The couple
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  • HOME
    • 382 4 BT. IN A MAJOR breakthrough, Singapore Airlines can now fly to the east coast of the United States, including New York, following further liberalisation of the Singapore-US Air Transport Agreement (ATA). Singapore Airlines can thus for the first time offer around-the-world flight services.
      BT.  -  382 words
    • 250 4 SINGAPORE and Indonesian youths can look forward to more exchange programmes to improve their skills but in very different areas. Singapore youths can expect tips on how to do well in the performing arts, while their Indonesian counterparts can look forward
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    • 258 4 POLICE on Thursday raided a private flat in Choa Chu Kang which was used as the base for an illegal four-digit syndicate for over a month. Officers from the ClD’s Gambling Suppresion Branch hit the flat in Phoenix Avenue, forcing their way past
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    • 403 4 100 men involved in two-hour exercise IT WAS high drama at normally quiet Amber Road when the Singapore Joint Civil Defence Forces (SJCDF) swung into action to rescue 20 people stranded in a high-rise fire exercise at Sea View Hotel on Wednesday.
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    • 462 5  -  New series of ministry ads to sell this message By Sandra Davie FAMILY life can help, rather than hinder, career development. So say a new set of advertisements exhorting marriage and family life tc Singaporeans. The new television and
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    • 218 5 A LAW academic, two engi-neers-turned-lawyers and a Hongkonger with 14 years’ experience were admitted to the Singapore Bar on Wedneday. The youngest of the four was Dr Andrew Phang Boon Leong, 32, vice-dean of the National University of Singapore’s Law
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    • 305 5 It helps keep staff quiet in there, he says FOR Dr Magdi Yacoub, who has done more heart and lung transplants than anyone else, nothing beats his favourite baroque music for keeping his staff cool in the operating theatre. The Egypt-born heart
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    • 585 5 PRIME Minister Goh Chok Tong has received more than 60 congratulatory messages from world leaders since he took over the premiership on Nov 28. He has already replied to the messages that have come from leaders of Asean, the five permanent
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    • 335 5  -  By Kwan Chooi Tow IT’S not snow, it’s hail, says the weatherman, dispelling all hopes for a white Christmas in Singapore. The white flurries falling over some parts of Singapore last weekend were probably hailstones, not snow, which falls in flakes, said the spokesman for the
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    • 428 6 Health Ministry official replies to definition adopted by NUS academic THE Government is not privatising its hospitals but restructuring them to give their administration more autonomy to respond to the health-care needs of the public. Mr Low Puk Yeong, Deputy Secretary at the Health
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    • 410 6 SINGAPORE is what it is today because of the Babas, Mr S. Rajaratnam has said. He said it was the Babas together with the “Indian and Eurasian Babas" who waged a battle against the Communist Party of Malaya (CPM)
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    • 554 6 AN academic has urged the Government to check potential abuses like over-charg-ing. unnecessary treatment and hospitalisation of patients as it restructures its hospitals. Singaporeans also need more consumer protection against such abuse and should be educated on the variety of health care
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    • 486 6 Bungalow to become colonial theme restaurant THE sprawling Botanic Gardens will bo the setting for high tea and outdoor dining when a turn-of-the-century colonial bungalow there is turned into a restaurant. The Singapore Tourist Promotion Board is offering Corner House, at
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    • SNIPPETS
      • 190 7 SINGAPORE singing star. Rahimah Rahim, may have shed her costumes for more modest Islamic garb, but her old clothes are still a hit with fans and brides-to-be. The idea to rent her stage clothes came four years ago when fans called to
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      • 199 7 A LIFE-LIKE plastic arm sold in shopping centres and marketed here by a Taiwanese manufacturer has been criticised by some who feel it gives an unhealthy scare. Seen from a distance. it could pass off as a person's arm because it is
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    • 460 7  -  By Sunny Goh THERE are differences within the Singapore Democratic Party over its stance on the Government’s Speak Mandarin campaign, but this is a healthy sign, not a problem, Mr Chiam See Tong said on Wednesday. He added that these differences
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    • 539 7  -  By Ng Wei Joo FOR the Tan family in Leng Kee, shopping will soon be an armchair affair. Instead of running off to the supermarket, a press of the button while watching the television at home will do the trick.
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    • 315 7  -  By Brendan Pereira PRISON officers at six penal institutions will now be armed with personal alarms, not guns. Now, if a guard is threatened or being held hostage, he can set off his silent alarm, which is linked to a central control room,
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    • 643 8  -  By Dominic Nathan THE Singapore Armed Forces has gone on the warpath against obesity in preenlistment youths, recruits, active and reservist soldiers. Two new programmes to trim the fat off national servicemen. regulars and reservists were announced last Thursday. The Unit
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    • 105 8 A SINGAPORE Armed Forces sergeant has been sentenced to three years’ detention and sacked for passing classified information to a foreign country. Ramasamy s/o Mayandi, a senior medical orderly with the Brani Medical Centre, was convicted by a military court martial. Pioneer, a
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    • 547 8 Recent pact sees mutual visits by land troops THE words Safkar Indopura may mean little to the man in the street, but they represent one of the most far-reaching developments in the growing defence cooperation between Indonesia and Singapore. Although the two countries have
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    • 272 8 ABOUT 40 servicemen from the Singapore Armed Forces arrived in Indonesia on Monday to take part in the first-ever combined land exercise to be held on Indonesian soil. The five-day map planning exercise, to be held with the Indonesian National Army, is
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    • 1216 9 SPOTLIGHT on how easily couples can end marriages these days K 1990 saw a record 3,100 non-Mus-lim divorce petitions filed here. A couple needs $24 for a marriage licence. But if things go sour, it will cost $2,000 or more for an uncontested divorce, and $20,000 or
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    • 511 9 New team sets record day after Mt Lobuche conquered A SECOND group of Singapore mountaineers have conquered a 6,300-m Himalayan peak, breaking the previous record on Mt Lobuche set only a day earlier. By scaling Chulu East on Nov 15, three local climbers from
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    • 448 9 ABOUT 7,300 bids were received for 4,200 Certificates of Entitlement (COEs) in the latest vehicle quota tender exercise. This is the second-lowest numbe*' of bids since monthly bidding began in July. Motor industry sources said it did not reflect the traditional
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    • 192 9 MOUNTAINEERING is set to go “national” if plans to form a national body to coordinate climbing expeditions get the green light. The Mountaineering Society of Singapore (Moss), which successfully mounted an expedition up the 6,119metre Lobuche East in Nepal last month, held a meeting
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  • MALAYSIA
    • 591 10 Malaysia will take lead in forming AsiaPacific trade bloc: Mahathir Bemama, AFP. KUALA LUMPUR Malaysia will take the lead in setting up an Asia-Pacific trade bloc to counter the single market concept of Western countries, Datuk Seri Dr Mahathir Mohamad said on Monday. As a first step, the Prime Minister
      Bemama,; AFP.  -  591 words
    • 98 10 KUALA LUMPUR Chinese Prime Minister Li Peng has reacted cautiously to Malaysia's proposal for an Asia-Pacific trade bloc, saying that regional co-operation should be boosted but remain "loose”. It was an open question what form of co-operation countries in the region should adopt, he said on
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    • 369 10 KOTA BARU The Sultan of Kelantan has called on the federal government to continue with its support and assistance to the state which is now under the opposition Parti Islam state government. The ruler was quoted by The Sunday Star as saying
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    • 212 10 NST. KUALA LUMPUR Defence Minister Datuk Najib Tun Razak has denied that he paid MSIBO.OOO (55U3.400) to an alleged extortionist who wanted to distribute a scandalous book involving the minister during the Umno General Assembly held last week. “I have no knowledge of the money,”
      NST.  -  212 words
    • 452 10 China won’t exploit presence of Chinese community Li Peng Thursday. AFP, Bernama. KUALA LUMPUR Chinese Premier Li Peng assured Malaysia on Tuesday that China would not make use of the large local ethnic Chinese minority for its self-interest. In an hour-long meeting with Prime Minister Datuk Seri Dr Mahathir Mohamad
      Thursday. — AFP, Bernama.; Reuter picture.  -  452 words
    • 305 10  -  AHMAD OSMAN. JOHOR BARU Two Johor state assemblymen on Wednesday urged the state government to take steps to curb what they said were two negative aspects of the influx of Singaporeans into Johor. Mr Yap Chik Dong, the assemblyman for Tangkak.
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    • 416 11  -  By Ahmad Osman JOHOR BARU The Johor end of the proposed second link with Singapore should be developed into another thriving centre of economic growth like Johor Baru, Mentri Besar Tan Sri Muhyiddin Yassin said on Sunday. “We want to develop
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    • 288 11 Bernama. KUALA LUMPUR The depreciation of the Malaysian ringgit against other currencies is no cause for concern as it has made the local currency more competitive, Deputy Finance Minister Datuk Ixike Yuen Yow said on Tuesday. He said that the current competitive value
      Bernama.  -  288 words

  • ASEAN
    • 220 11 AP LOS ANGELES The Philippine government has recovered about US$4OO million (Ss6Bo million) of the billions allegedly stolen during former leader Ferdinand Marcos’ 20-year rule, a Philippine official said in court. Mr David Castro, chairman of the Philippines’ Presidential Commission on
      AP; Reuter picture.  -  220 words
    • 816 11  -  By Shaun Seow PARIS Deputy Prime Minister Lee Hsien I.oong told top French executives on Monday that he was confident of continued economic growth in the Asean region as well as Indochina in the long term. Economic growth in Asean,
      816 words
    • 304 11 AFP, UPI, Reuter. MANILA Defence Secretary Fidel Ramos, who has been urged to lead a coup to save the Philippines from economic crisis, threw his support behind President Corazon Aquino on Wednesday. General Ramos, speaking during a live interview on radio station
      AFP,; UPI,; Reuter.  -  304 words
    • 144 11 AP. KUALA LUMPUR Asean will organise a competition to design a new logo to reflect its dynamic and progressive nature, Malaysian Foreign Minister Datuk Abu Hassan Omar said last Thursday. The final selection will be made at the Asean ministerial meeting in
      AP.  -  144 words

  • COMMENT / Pick of the week’s editorials
    • 663 12 DEC 15. 1990 JUST days after the failure of last week's multilateral trade talks came news that Singapore has vaulted into 17th place in the world's league of exporters no small feat for a tiny island republic. If anything, this was proof of the blessings bestowed
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    • 656 12 DEC 13. 1990 DESPITE Mr Chiam See Tong’s denial that there is dissension within his Singapore Democratic Party over the Speak Mandarin campaign. it is clearly having some problems. Notwithstanding that he is founder and secre-tary-general, his control over the members and even the central executive committee
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    • 709 12 DEC 10. 1990 THE once lumbering giant, HDB, has trimmed its figure and changed its face. It used to say no to a lot of requests. No, you cannot own a flat if you are single and not yet a senior citizen. No, you cannot buy
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    • 881 12  -  Viewpoint By Sumiko Tan IN THE no-surprise changeover of leadership here last month, one news story probably got some people talking: opposition Member of Parliament Chiam See Tong’s heartfelt endorsement and support for the new Prime Minister, Mr Goh Chok Tong. Mr
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  • ANALYSIS
    • 1389 13 Singapore’s change of Prime Minister on Nov 28 drew world-wide media attention. Cherian George of the Political Desk pored over more than 30 newspapers, magazines and transcripts of radio broadcasts to find out what they have been saying about the historic event. IT MADE
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    • 495 13 SINGAPORE managed its ties with other countries well under Mr Lee Kuan Yew, and there is no need for radical change in the way it conducts its foreign relations. This was the consensus of papers in the region that raised the question of
      495 words

  • FEATURE
    • 975 14 Mountain biking in Singapore? Yes, and it can be challenging and fun, says Ng Wei Joo, who met a group of bikers in Changi. THE day begins just like any other Sunday should lazily. All around me, as I drive along Loyang Avenue, the air is
      975 words
    • 150 14 MOUNTAIN biking was born in the United States in the early ’7os when a group of young people in Marin County, California, across the Bay from San Francisco, discovered the fun of “bombing" full-tilt down the trails and fire roads of Mt Tamalpais. The bikes they
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  • MONEY
    • 510 15 S’pore-lndonesia investment promotion seminar in Osaka: Reports by Mary Kwang SINGAPORE and Indonesia are co-operating for the common goal of developing Singapore and Indonesia's Riau Province effectively as one investment region, ministers of the two countries said here on Monday. Both
      510 words
    • 477 15 THE Public Utilities Board (PUB) will be spending a hefty $l.l billion next year on development projects aimed at further improving electric, water and gas facilities here. The billion-dollar development expenditure for 1991 is an all-time record for the PUB.
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    • 405 15 PLANS are in train to build the first industrial estate on the western part of the Riau Province's biggest island, Bintan. The proposed 4.000-hect-are estate would be located near Tanjung Üban where the island’s oil storage facilities are sited, according
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    • 257 15 A NEW and shorter ferry service will operate between Singapore and the Indonesian Riau island of Bintan in tw-o years’ time, said the Governor’s Office for the Riau Province on Sunday. Mr Rivaie Rachman, head of the Regional Development
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    • 3251 16 TRANSACTION DATE: DECEMBER 14, 1990 Gr's 1990 Tel Last Vol Day Lest Quote 01« Net High Low Cod* Company Sale or- 000 High Low Buyer Seller P/E INDUSTRIAL COMMERCIAL 277 152 X 1000 Acma 168 •2 54 169 167 167 168 290 165 1142 Ale* Hldgs 50c
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    • 491 17 The weekly share market report PROFIT-TAKING caused share prices to close broadly lower last week as punters cashed in their earlier gains. For the week. The Straits Times Industrials Index closed 9.52 points lower at 1188.33 while the broaderbased Business Times-MGA Index dropped 6.97
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    • 2115 17 TRANSACTION DATE: DECEMBER 14 1990 O L ou II Gr's 1990 T*l Last Vol Day Last Quote Dlv Net High Low Cod* Company Sale -or000 High Low Buyer Seller P/E 1?8 80 1269 Puj. O*se120c 100 101 10 ON 98 300 125 1266 GB Hldgs20c 125 cd •5
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    • 175 17 ST Industrials Index The Straits Times Industrials Index fell 9.52 points on the week to 1188.33 DAY CLOSE TURNOVER Monday 1179 87 (-17 98) 44 02 m ($78.15 m) Tuesday 1176 70 (-3 17) 33 49 m ($5B 05 m) Wednesday 1184 69 7.99) 33 44 m
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    • 614 17 Friday Oac 14 HKS Amoy Properties 3675 -0 025 Allied Overseas 0 73 uneh Asia Sec mt i 1 86 unch <02 Asia Sec Aa' 9' 0 160 Allied Tw 0 75 unch <04 Bond Corp Ini 1 1 19 Bond Corp War 91 0 47 <03 Bank o!
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    • 438 18 SHAREHOLDERS of the Goodwood group have good reason to celebrate this Christmas the group has turned in its best results in three years and will pay them twice as much dividends as it did last year. With a 75.2-per cent rise in pre-tax
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    • 156 18 Singapore dollars to one unit ot foreign currency Buying OD Selling US dollar 1 6960 1.7180 Sterling pound 3 2886 3 3501 Australian dollar 1 2670 1.3143 Canadian dollar 1 4527 1 4868 NZ dollar 1 0044 1.0377 Singapore dollars to 100 units of foreign currency Austrian schilling
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    • 100 18 Contract date: 14/12/90 CURRENCY 1 MTH 3 M1H 6 MTH 9 MTH 12 MTH CALL VALUE DATE usj 7 Vs 7 Vi 7% 6% 6% 6% 18/12,90 A$ ll>/« 11 10% 10% 10% 10% 18/12/90 Hit 11 Vi 1P/S 12 12 12% 9% 18/12/90 STG 13% 13V»
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    • 487 18 Republic jumps 15 places to reach 17th spot ASIA’S newly-industrialising economies (NIEs) made tremendous jumps in world merchandise export rankings in the 10 years to 1989, according to an international trade report just released by the General Agreement on Tariffs and
      487 words
    • 451 18 TROUBLED video cassette maker Electro Magnetic (S) is under investigation by the Commercial Affairs Department (CAD). Its officers have seized files and documents from the Jurong headquarters of EMS which is now under High Court appointed judicial managers. The CAD investigation was launched last
      451 words
    • 501 18 INNO-PACIFIC is set to be a major player in the restaurant and food franchise business with the restructuring of its worldwide operations for Shakey’s Pizza under a holding company. The move, announced on Wednesday, consolidates Shakey’s franchise business and
      501 words
    • 304 18 Manager’s prices for December 15 17 Singapore Unit Trust The Commerce 1.15—1.22 The Savings Fund 0 92—0 98 I S pore Prog Fund 0 42—0 45 I S’pore Sec fund 0 74—0.79 I Spore Invest Fund 0.78 —0.83 j S'pore Equity Fund 0 52—0.55 xd Asia Unit Trust
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    • 377 19 ALTHOUGH there is a likelihood of a United States recession and a crisis in the Middle East. Singapore's large foreign reserve and small external debt, coupled with its resilient economic structure. should help it to weather the storm. Giving
      377 words
    • 606 19 Mitsui Taiyo Kobe posts higher profit than three of the Big Four banks FOREIGN banks performed well last year with one Japanese bank. Mitsui Taiyo Kobe Bank, outstripping all Big Four local banks except DBS Bank with a net profit of $195
      606 words
    • 248 19 US-BASED Chemical Bank is now directing all its Asian activities south of Japan from Singapore. With its Singapore offshore branch assuming regional headquarters status last Wednesday, the bank expects to save US$3 million (Sss million) a year in operating costs. This was
      248 words
    • 766 19 Current Ex Boohs Date Total for Total for payment date close payable the year last year MSB io%<w Jan 4 Jan 18 Jan 28 10% 12% AMFP NYA Dec 14 Jan 3 Feb 15 NYA 2.8% Amal Steel 126%(b) Nov 29 Dec 13 Ian 21 126% 8%TE Amtek
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    • 292 19 Company Rights Issue Causeway Inv Three-for-four (n $0 60 per share Ex-date: Dec 10 Books close: Dec 20 Acceptance Payment NYA CMA Five-for-four <a M$4.00 per share Ex-date: Nov 23 Books close: Dec 7 Acceptance Payment NYA Emtex One-for-one M$1 00 per share Ex-date: Nov 5 Books close:
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    • 534 20 GOING by the outcome of a URA tender for four downtown hotel sites which closed last Thursday, property developers appear to be less bullish than tourism authorities about tourism growth in the next two to three years. Only four
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    • 409 20 A SINGAPORE engineering consultancy is now sounding out several investors to build the world’s first permanent offshore hotel here. The proposed 1,000-room five-star self-contained hotel will include a marina for sailing boats. Unlike a floating hotel which is built on
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    • 175 20 SIEMENS Components, a local subsidiary of the giant German conglomerate, Siemens AG, will embark on a two-year $lOO-million upgrading and expansion exercise for its operations in Singapore. The company said on Monday that its expansion plans included relocating the manufacturing operation at St
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  • Page 20 Advertisements
    • 165 20 HOME DELIVERED WEEKLY .\\\e v V w. VT* V' .v* *•< S 6 V*rO The Straits Times Weekly Overseas Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities, executive appointments.... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, wherever you
      165 words

  • Page 21 Advertisements
    • 904 21 e UIC COMPUTER SYSTEMS (A member of The UIC Group) A leader in the field of PC LANs CONNECTIVITY with a reputation for high standard of after sales support. In line with our expandion plans for 1991, we are seeking dynamic self-starters to join us as: PRODUCT MARKETING MANAGER The
      904 words

  • Page 22 Advertisements
    • 720 22 The Straits Times Weekly Overseas Edition BP A Career With BP BP in Singapore belongs to one of the world's largest multinational companies. The Singapore office functions as the headquarters of BP in South-East Asia. BP's business in and with East Asia amounts to US$4 billion a year, almost a
      720 words

  • FORUM
  • Page 23 Advertisements
    • 141 23 Dear Readers THP Straits Times welcomes letters from you. Your letters must include your signature, full name, address, and home and office telephone numbers. They should preferably be typed, doubled-spaced, on one side of the paper. Brevity is an advantage We do not accept for publication letters copied to us
      141 words

  • 657 24  -  By Catherine Ong HONGKONG Education Minister Dr Tony Tan said on Wednesday that the lessons learnt from the experience of German and Japanese schools would influence the Government's proposals to improve Singapore’s primary education system. Dr Tan visited Japan
    657 words
  • 772 24  -  studying the idea CATHERINE ONG. HONGKONG Singapore is setting up its first international school in Hongkong next year to offer primary school education to children of Singaporeans and other nationalities. The school plans to open in September next year
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  • 413 24 Malaysian Budget KUALA LUMPUR Malaysians were finally rewarded for their patience yesterday when their Finance Minister, Datuk Paduka Daim Zainuddin. unveiled a 1991 Budget with a bagful of goodies. He put more money back into pay packets by reducing personal income tax rates,
    413 words
  • 166 24  -  ready started. KOH BEE ANN. KUALA LUMPUR TO firmly establish Labuan as a tourist and investment centre, Malaysia’s Finance Minister Datuk Paduka Daim Zainuddin yesterday announced that import duty and sales tax on liquor, tobacco products and matches will be abolished. He said
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