The Straits Times : Weekly Overseas Edition, 7 May 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, MAY 7, 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 002/08/03
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  • 590 1  -  Booking fees: Minimum set and higher forfeiture By Ann Williams THE Government has stepped in once again to curb speculation in newprivate residential properties. Starting from Aug 1, it will introduce a minimum booking fee of 5 per cent of the purchase price for
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  • 612 1 The Michael Fay case THE issue at stake in the Mic hael Fay controversy is not caning as a form of punishment, but whether one country should not respect the right of another to enact and enforce its own laws. Professor S.
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  • 143 1 AMERICAN vandal Michael Fay, 18, (left) was caned at Queenstown Remand Prison on Thursday. The Prisons Department said that Fay was among 19 prisoners caned. “The remitted sentence of four strokes was carried out on Michael Fay. He was examined by the prison’s doctor after the caning
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  • 276 1 JUSTICE Lai Siu Chiu was sworn in last Saturday as a High Court Judge, the first woman ever appointed to Singapore’s High Court. She was one of two judicial commissioners appointed as judges on the High Court bench, with took effect from Monday. The
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  • NEWS FOCUS
    • 625 2  -  By Ben Davidson A SCHOOL bus driver’s apparent confidence in the dock was shattered on Tuesday when an earlier acquittal was reversed and he was sentenced to death for the 1989 murder of a 17-year-old schoolgirl. He was found guilty by the
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    • 135 2 A FOUR-YEAR-OLD boy. who was left alone at home, survived a fall from his sev-enth-storey flat in Aljunied Crescent last Friday. Koh Tia Gin's condition has improved since he was warded after the accident. The boy’s mother had left her flat with another
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    • 520 2  -  By Ann Williams. DEVELOPMENT plans for 20 new residential projects, mostly condominiums, have been submitted so far for the Bukit Timah Hillview area since the Government announced incentives in February last year to phase out industries there. Providing this
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    • 459 2 BACK HOME, SAFE AND SOUND FIVE Singaporean officers who went to South Africa as part of the United Nations Observer Mission for the country's first all-race elections are back home. They returned to the open arms of their families in Singapore on
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    • Michael Fay case
      • 665 3 WASHINGTON The United States government was disappointed with the caning of American teenager Michael Fay but would ‘‘move on”, said Vice-President A 1 Gore. Mr Gore appeared to he quite emphatic about the need to keep the larger picture in mind when considering relations between
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      • 581 3 What it feels like to be a Singaporean in the US now LOS ANGELES When the members of the Singaporean community here hosted visiting Information and the Arts Minister George Yeo to lunch last Saturday, they decided against putting the club's name
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      • 243 3 THE Foreign Affairs Ministry said yesterday that it would be regrettable if vandal Michael Fay's conviction and caning were allowed to affect Singapore’s bilateral ties with the United States. It was responding to a statement by US State Department spokesman Christine Shelly, who
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      • 182 3 BLOATED fish, some covered with flies, littered the popular fishing pond in Pasir Ris Town Park on Sunday. For the third consecutive day, thousands of these saltwater fish, ranging in size from a few centimetres to almost a metre, have been floating at
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  • HOME
    • 495 4  -  Western dominance in this area will be challenged By Cherian George ATLANTA Satellite television should promote understanding and not division between the East and the West, Brigadier-General (NS) George Yeo said. With economic power shifting towards Asia, what was needed was continuing dialogue
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    • 481 4 A SOPHISTICATED radiophone system which uses satellites and video screens to despatch taxis to callers is under study by two taxi companies. NTUC Comfort, the largest taxi company with 8,600 taxis, and Singapore Commuter. which has 1,300 taxis, are assessing the system to find out
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    • 199 4 SINGAPORE n*vy officers holding the rank of one-star general and above will now be called Admirals. The first three who will carry this new rank are: Rear Admiral Kwek Slew Jin, Navy Chief; and former chiefs Rear Admiral (NS) Teo Chee Hean and
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    • 507 4  -  ‘I must stop people from punching each other. This is not a boxing ring’ By Ben Davidson CHIEF Justice Yong Pung How said on Thursday that he would bo urging the Government to increase the penalty for assault cases. He said this when
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    • 447 4 NINETEEN people on board a Singapore Airlines flight from Hongkong were injured on Thursday by sudden turbulence when another aircraft strayed into its path. However, the SIA plane landed safely at Changi and the 19 people, who suffered minor cuts
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    • 521 5 LIFE-LONG training and retraining are the only effective ways to preserve workers’ jobs and increase their real wages, Deputy Prime Minister Lee Hsien Loong said. In his May Day message released last Friday, he said that Singapore had been able to upgrade
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    • 382 5 SINGAPORE’S pioneer fine arts undergraduates will be graduating in the next two months. Twelve students will graduate with BA in Fine Arts (Painting) and six with BA in Fine Arts (Gold- and Silversmithing), from the LaSalle-SIA College of the Arts. They
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    • 621 5 PRESIDENT Ong Teng Chcong was honoured on Sunday by the labour movement he led for 10 years before becoming Singapore’s first elected head of state. At a special May Day Rally held at the Singapore Indoor Stadium, about 6,000 union members and officials joined the
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    • 433 5 The win makes NUS the only university to have won the Philip C. Jessup moot court competition three times. NUS teams also won in 1982 and 1985. REVENGE was sweet for National University of Singapore law graduate Tan Ken Hwee. Last year, the
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    • 543 6 SINGAPORE MRT has been rated the most reliable among 31 other transit systems worldwide, with trains that run on time and hardly break down. Minister for Communications and the Environment, Mr Mah Bow Tan. announcing the results of a survey by Hongkong’s Kow-loon-Canton Railway Corporation.
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    • 329 6 Task that used to take hours can he done in less than three minutes IT USED to take six people over two hours to lay out 400 Appointments and Notices advertisements in The Straits Times manually. Now, thanks to an awardwinning computer software,
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    • 524 6  -  By Tan Ooi Boon A JOINT effort by the Singapore and Nigerian police has led to the arrest of three suspects involved in a scam which has been cheating businessmen here of their money. The three, all Nigerians, were picked up by
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    • 336 6 LAST Saturday was to have been 16-year-old Lim Boon Siong's last day as a waiter at the Oasis Theatre Restaurant Niteclub at Kallang Park. But he had an argument with some customers, was hit on the head with a bottle, and
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    • 418 8 SINGAPORE received a record 626,988 visitors in March, an iftcreaa* of 145 p<*r cent over the same month last year This i.s the highest num--e*r visitors in a single month in Singapore s ’ourism history a'crmdmg to the Singapore Tourist Promotion Board
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    • 209 8 SINGAPOREANS are one of the region’s most widely travelled people, with 4$ per cent going overseas eaeh year. Mr Sidek Saniff, the Minister of State for Education, said this when he opened an exhibition on adventure tours last Saturday, adding that Singaporeans make
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    • 326 8  -  By Leong Chan Teik GASPS of wonder could be heard from hundreds of visitors, mostly families as they took in the sights of the animals on the opening night of Singapore's Night Safari Park on Tuesday. As giraffes grazed a stone’s throw
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    • 349 8 WHEN taxi driver Lye Chee Kong, 58, found a bag in his NTUC Comfort cab, he handed it over to the police without even looking inside it It contained $lO,OOO in cash, a Rolex watch and some other documents which police used to trace
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  • Page 7 Advertisements
    • 209 7 Why You've already budgeted your allowance for tuition fees, food, books and the occasional concert or two (ok, maybe three). The last thing you need is the phone bill to tax it further. So instead of hesitating to call home because of the cost, use Singapore Telecom's Call Home Service.
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  • SPORTSFRONT
    • 590 9 Full team fails in hunt for victory at National Stadium Peter Khoo reports on Malaysian Premier League football Singapore 1 Negri Sembilan 1 JUST when 50.000 die-hard Singapore soccer fans thought that their heroes had woken up from their nightmare, the Lions
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    • 535 9 Penang 3 Singapore 0 PENANG Singapore’s depleted soccer team crashed to its worst defeat in the Malaysian Premier League this season when it was whipped 0-3 by Penang at the City Stadium last Saturday. Penang had come into the match third from
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    • 278 9 MR ONG BENG CHOI may be 86 years old, but he could well put many youngsters to shame in this month’s 10-km Big Walk organised jointly by The New Paper and the Singapore Amateur Athletic Association. The oldest participant in the
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  • MALAYSIA
    • 373 10 Bernama. Kl ALA LI MFI R A constitutional Bill to be tabled on Monday seeks to make it mandatory for the Vang diPertuan Agong and Malay rulers to accept the government’s advice. Law Minister Datuk Syed Hamid Alhar said on Wednesday that
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    • 294 10 KEDAH soccer player Olubunmi Adigun wants to marry the 21-year-old woman who has accused him of raping her. according to The New Paper In her police report made last Sunday, the woman claimed that the Nigerian defender raped her nearly eight
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    • 174 10 Bernama. JOHOR BARU The Sessions Court here last Saturday sentenced former Johor Baru police chief Assistant Commissioner Abdul Rahim Hassan to 18 months' jail after finding him guilty of three counts of cheating the Customs Department. Sessions Court judge Abdul Kohar Kamari found Abdul
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    • 273 10 NST. AFP KOTA BARU The PAS-led Kelantan government had decided to defy a federal-gov-ernment ban on British firms by awarding a water contract to a London-based company. officials of the state said lastv Saturday. “The matter is still in the early stages
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    • 514 10 KUALA LUMPUR More counsellors for overseas stu«'ill be sent abroad to prevent Malaysian students from being influenced byextremist politics or religious teachings, a deputyminister has said. The counsellors would be meeting students to guide them so that they would not fall prey to
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    • 355 10 AFP KUALA LUMPUR Malaysia's state-owned television station has decided not to sign a contract with the British Broadcasting Corporation (BBC), which demanded that its news bulletin footage be carried uncensored. Information Minister Mohamed Rahmat was quoted bv Bernama news agency as saying in announcing
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  • COMMENT / Pick of the week’s editorials
    • 640 12 MAY 7. 1994 BASED on calls to our offices and a limited street sampling, the gut feeling of a fair number of Singaporeans about the Michael Fay conclusion seems to be regret that reducing the number of caning strokes from six to four was giving
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    • 661 12 MAv 3. 1994 THE Prime Minister's announcement recently that the power to promote, and to a lesser extent, to hire and discipline civil servants would be devolved from the Public Service Commission and other commissions to personnel boards in ministries and other agencies is an
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    • 645 12 MAY 2. 1994 IN THE early days of capitalism, employers possessed the perfect incentive for motivating employees to accept whatever wages they offered. They would take them to a window and point to the reserve army of the unemployed in the streets. Those days
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  • 837 12  -  Viewpoint By Ng Wei Joo SO THE word is finally out some Singapore Democratic Party members will form another opposition party. For some time now, questions had been asked about how long the two factions, those who support Mr
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  • FOCUS
    • 840 13 National Service has become a rite of passage for male Singaporeans. But then there are those who run away. Karen Lau talks to some defaulters SINCE the early (lavs of nationhood. National Service (NS) has played a significant role in maintaining Singapore’s stability
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    • 278 13 PETER left Singapore when he was 15 and had just finished Secondary 3. He did not sit for his O levels hut instead entered a high school in Canada. “My parents wanted me to study first," recalls Peter, 22. now a project clerk in
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    • 365 13 WEI LIANG left for Australia with his family in 1988 at the age of 15. He did his O and A levels there and went on to study for a Bachelor of Science degree. When he reached the age of 16, he failed
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    • 274 13 PALA attended only three months of seeondary sehool in Singapore. Soon after he turned 13 in 1980, his family emigrated to India where he stayed for 12 years. In 1989, at the age of 22, having eompleted his Bachelor of Business Administration
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    • 130 13 TONY, an NSman. left Singapore in December 1990 to deal with some family matters. He travelled on a passport that was valid until December 1992. Under the current exit permit regulations. an NSman may remain outside Singapore for up to six months without apply ing
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  • INSIGHT
    • 2041 14 Cherian George reports on the growing number of Indian and Malay parents who would like the schools here to allow their children to study Mandarin THREE weeks ago, at the Islamic Centre at Braddell Road, a Malay audience listened to a discussion on the links between their
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    • OFF-THERECORD
      • 90 15 DR ONG Chit Chuns, the MP for Bukit Batok, has been appointed Deputy Whip of Parliament, reports Petir, the publication of the People’s Action Party. The party now has two Deputy Whips, the other being Jurong MP Ho Kah Leong. The Whip is Labour Minister
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      • 95 15 IF FORMER white-collar crime buster Glenn Knight has plans to practise law. he has some anxious waiting to do. Word has it that the Law Society’s disciplinary committee is about to complete its inquiry into the 1991 conviction of the former Commercial Affairs Department director for
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      • 114 15 REPORTERS covering any Asean ministerial meeting dread the long hours of waiting for briefings. sometimes just to get a few quotes from ministers. It was no different when Asean economic ministers met last weekend at the scenic Awana golf resort in Genting Highlands. But the
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      • 122 15 EVEN as American vandal Michael Fay serves his prison sentence, his parents are receiving offers from US television producers, publishers and assorted pedlars. The Washington Post reports: "While the skinflaying punishment is said to be excruciating, the financial rewards of TV, book and movie deals
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      • 84 15 REMEMBER the television series. Love Boat, in which people were always losing and finding the love of their lives on a cruise liner? Well, a letter from the fabled Love Boat found its way to The Straits Times, written by an American while at sea. in
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      • 44 15 SORRY, one last bit on Fay. His family has said it would leave Singapore after he has served his prison sentence “never to return Sweden might be a good place. There, it is an offence even for parents to spank their children.
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    • 1066 15  -  THINKING ALOUD Chua Muck Chong THE Senior Minister's plain speaking on his travels in Australia and New Zealand last month is bound to re-ignite an on-off debate in those countries about how to pitch their cultural orientation in the Pacific Age.
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    • 632 15  -  TOWN WATCH Maria Siow AT 30. Bukit Ho Swee might be one of the oldest housing estates in Singapore, but in a couple of years' time, one of its precincts would stand out from the grey and drabness. Besides covered walkways and landscaped terraces, residents
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  • MONEY
    • 6717 16 INDUSTRIAL AND COMMERCIAL Transaction Date: May 6. 1994 I 1994 Curr Last Vol Day Gr’a Nat M Cap High Low Company Traded Sale or000 High Low Div P/E Smil 1360 206 I s Acma 920 cd -15 33 930 915 17 5 14.7 634.1 700 220 t
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    • 375 17 FEARS of rising interest rates, a weak Hongkong market, and the announcement of steps to curb property speculation sent share prices tumbling last week. The benchmark Straits Times Industrials Index shed 40 points to close at 2,256.19 over the course of the week,
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    • 93 17 ST Industrials Index The Straits Times Industrials Index dipped 40 points on the week to 2256.19. DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday Closed 2310 56 (+14 37) 2301 08 (-9 48) 2277 74 (—23 34) *****9 (-21 55) 134 77m (J414 248m) 133 64m ($400
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    • 420 18 SINGAPORE Airlines and Ansett Australia have struck an alliance, a move likely to give SIA a strong position in the Australasian market. Under the deal. SIA will help Ansett with management and systems expertise to develop its international routes and flight attendant training. The two
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    • 3838 18 CORPORATE RESULTS Dale Net Earn IA IA EHS n IA (ompanv •inn (smi P»m) (civ) (clv( MS»* Mar ‘1 1 0.443 Ol't 0.*# 0.2 Alliance I'oCh Mar hi P 1 '64L 1 0'4l \mal Steel* Mar »1 1 65 482 33 7|g 10 5 H.2 Amcol
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    • 498 18 SEAPOWER Asia Investments is set to become the Singapore vehicle of Hongkong entrepreneur Richard Li following an announcement on Wednesday that his Pacific Century Group had arranged to buy 45.8 per cent of the company. Pacific Century said it had
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    • 132 18 SINGAPORE company Liang Huat Aluminium has set up the first aluminium sheet rolling mill in Hangzhou. China. A joint-venture company, Hangzhou Hangfa Aluminium, will run the $16.2 million mill on behalf of Liang Huat and its partner, the state-owned Hangzhou Aluminium Products
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    • 150 19 A SILVER lining has emerged from the dark clouds surrounding IBM Singapore, which has secured for the first time the award for best performer among the region’s IBM companies for 1993. An IBM Singapore spokesman said the "Country of the Year”
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    • 523 19 Friday May 6 HKS ASM Pacific 4 30 3 100 Allied Ind Int'l 074 0 01 Allied Oversea 0 88 0.01 Amoy Properties 9 90 0 55 Asia Sec Int 1.80 -0.02 Bank of EA 32 00 0.75 C P Pokphand 2 60 0.08 CDl Hotel 2.95 0 10
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    • 599 19 Two other stockbrokers are also punished for violating trading rules THREE stockbroking firms were slap|x*d with hefty fines by the Stock Exchange of Singapore yesterday for serious breaches of trading rules. DBS Securities, one of the biggest broking firms in Singapore, was
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    • 310 19 Manager’s prices for May 7 9 Singapore Unit Trust The Commerce 1.72-18! The Savings fund I 57— l 65 S pore Prog Fund 0.72-0/6 S pore Sec fund 1.04-1 09 S pore Invest Fund l.24—l.30 S pore Equity Fund 0.85-0 89 Credit Lyonnais int'l Asset Mgt Cl Asia
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    • 247 19 BIGGER and better Times Publishing's redeveloped $19.5million printing plant at Tuas Ave 5 was officially opened on Wednesday by the group’s chairman. Mr Lim Kim San. The Tuas plant, which houses the combined operations of all the Times Pub group's printing operations
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    • 154 19 COUNTER RATES Singapore dollar* to one unit of foreign currency Buynf 00 Selton US dollar 1 5463 1.5639 Sterling pound 2.2923 2.3465 Australian dollar 1.0955 1.1278 Canadian dollar 1.1095 1.1351 NZ dollar 0 8803 0.9104 EC unit 1.8107 Singapore dollars to 100 units of foreign currency Austrian schilling 12.9321
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    • 223 19 Jack ChiaMPH makes bid for Australian biscuit maker JACK Chia-MPH strode down the acquisition trail Down Under yesterday by launching a A520.1-mil-lion (5522.5-million) takeover bid for listed Australian biscuit maker Players Group. Cash-rich JC-MPH. which had said publicly it was planning acquisitions, is bidding 85 cents a share for Players,
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    • 114 19 'Contract date: 6/5/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CAU HMML DATE US* 3S 3*4 4 4'. 4*. 2*4 10/5/94 AS 3'« 3‘» 4'4 4'4 4*4 3 10/5/94 m 4'» 5 5'4 5v« 5 >4 3S 10/5 94 STG 4 i 4S
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    • 580 20 A BEIJING-CONTROLLED satellite operator in which Singapore Telecom has a sizeable stake, has clinched a distribution deal with USowned MTV Networks Music Television. The deal will secure for China's APT Satellite Company a strategic foothold in the rapidly-expanding television markets of Asia and.
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    • 464 20 A SINGAPORE mission is visiting Myanmar this week, further cementing ties between the two countries. The eight-day Construction Development Mission. which began on Tuesday. is organised jointly by the Trade Development Board (TDB) and Construction Industry Development Board. Representatives of 21 Singapore companies
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    • 429 20 THE Trade Development Board (TDB) will step up efforts to facilitate regional joint ventures involving Singapore companies, said its chief executive officer, Mr Barry Desker. last Thursday. One vehicle for promoting such ventures already in place is the Singapore
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    • 232 20 KEPPHIL Shipyard Inc, a member of the Keppel Group, has clinched contracts worth a total of 150 million pesos (about 559.36 million) for steel fabrication and shipbuilding. The yard announced on Monday it was fabricating a steel synchrolift platform for civil construction company
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    • 489 20 THE feuding members of the Yeo family yesterday rejected Wing Tai Holding’s takeover bid for Yeo Hiap Seng Ltd (YHS). the food and beverage group controlled by the clan. The rival bloc with 53 per cent of Yeo Hiap Seng Holdings rebuffed
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  • Page 21 Advertisements
    • 965 21 JP Morgan J P Morgan Co. Incorporated is the holding company of Morgan Guaranty Trust Company of New York (MGT). MGT is one of the largest international corporate banks, having an important presence in all major financial centres in the world We now have openings for: Applications Programmers Systems Analysts
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  • Page 22 Advertisements
    • 792 22 WjKWe are a leading U.S. based multinational trading and processing company dealing in physical commodities with offices in 54 countries worldwide. Singapore is our Southeast Asia Regional Headquarters where we trade steel tropical oils rubber and petroleum. With our expansion in this region we need talented and motivated people to
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  • FORUM
    • 672 23 RECENT comments by the Senior Minister on Singaporean women's educational and job opportunities have attracted much attention. I am a recent female graduate. Going by the statistics. there is a high likelihood that I would remain unmarried. Even so. I tend to look at
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    • 578 23 I ENJOYED reading “Chinese language: Use it, don't lose it" by Sia Cheong Yew (ST Weekly. April 23). As a new resident of Singapore. 1 found it especially relevant because back home in Bombay, a fierce battle is taking place between parents
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  • Page 23 Advertisements
    • 159 23 HOME. DEUVERED WEEKLY The Straits Times Weekly Edition. A crisp summary of happenings in Singapore. Politics, the economy, investment opportunities, appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, whereever you may be. Subscribe now. And be in touch. The StraitsTLmes Making an issue
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