The Straits Times : Weekly Overseas Edition, 30 July 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, JULY 30. 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) #O2/08/93
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  • 802 1 Able young people should come forward: BG Lee SINGAPORE will have a serious leadership succession problem by the year 2000 if not enough young people of ministerial calibre are fielded in the next two general elections, said Deputy Prime Minister Lee Hsien Loong
    Picture by Steven Lee.  -  802 words
  • 338 1  -  By Ng Wei Joo THE PAP Women’s Wing is unlike any other women’s organisation and need not be apologetic about the quiet way in which it does its work, said its chairman. Dr Aline Wong, on Sunday night. "We have
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  • NEWS FOCUS
    • 627 2  -  By Edmund Teo in Perth SINGAPORE exists because it is exceptional, Australians have been told. "If it were ordinary, there would be no reason for it to be here," said Singapore Deputy Prime Minister Lee Hsien Loong. He said this during an
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    • 464 2  -  By Dominic Nathan CIGARETTE smuggling into Singapore is on the rise, with more contraband cartons being seized in the first six months of this year than for the whole of last year. This is leading the Customs and Excise Department (CED) to consider stiffer
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    • 164 2 CONTRABAND cigarettes are being peddled the same way as uncensored video tapes. Leaflets listing brand names and a pager number are being distributed to neighbourhood shops and other outlets, and are even being stuffed into mail boxes. The cigarettes are being offered for about $25
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    • 411 2  -  By Tan Lian Choo VIETNAM has asked Singapore to help it to explore ways of developing industrial parks as well as to study the potential for tourism. As part of its economic take-off programme. Vietnam wants to promote tourism quickly, as well
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    • 199 2  -  By Lee Kim Chew in Bangkok SINGAPORE will provide English-language classes for Vietnamese diplomats and teachers to facilitate Vietnam’s entry into Asean as its seventh member. According to the Vietnamese. who were once colonised by France, language has been a stumbling
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    • 550 3  -  Difficult to stem inflow of information, he says By Chiang Yin Pheng in Jakarta COUNTRIES such as Singapore and Indonesia should build up their own defences against foreign influences as it is difficult to stem the inflow of information, said Health and Information
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    • 579 3  -  He urges youths to help promote mutual understanding By Chiang Yin Pheng in Jakarta YOUNG PAP chairman Brig-adier-General (NS) George Yeo on Monday said that a new era of intertwining had begun between Singapore and Indonesia, and called for
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    • 266 3 EIGHT Sri Lankans suspected of being part of a passport forgery ring were arrested on Wednesday by detectives from Central Police Division. Aged between 17 and 40 years, they are believed to have altered the immigration stamps of overstayers here or helped
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  • PARLIAMENT
    • 537 4 MORE than two million parking offences are committed every year, with 2-3 per cent of the culprits refusing to pay their fines despite warrants of arrests issued against them. Home Affairs Minister Wong Kan Seng cited this staggering figure to support
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    • 333 4 THE (ioods and Service Tax, which was introduced in April, does not appear to have affected the economy so far, going by trade and inflation figures. Finance Minister Richard Hu said in Parliament on Tuesday that, while it was premature
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    • 359 4 Strong S’pore has not affected competitiveness THE strength of the Singapore dollar has not affected the country's international competitiveness, Finance Minister Richard Hu assured Parliament on Monday. While it has gone up by 6.5 per cent against its US counterpart since the end of last year, this was more a
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    • 279 4 THE CASE: One motorist received 166 warrants of arrest for failing to pay up his parking fines. When the lawcaught up with him finally, he was fined $66,400. He could not pay up and was sentenced to 664 days in jai 1
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    • 130 4 AS AT July 15 this year. 124 families have succeeded in applying for financial help under the Small Families Improvement Scheme. Acting Minister for Community Development Abdullah Tarmugi gave this figure in response to Dr S. Vasoo (Tanjong Pagar GRC). who had
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  • HOME
    • 351 5 Non-stop, air-conditioned and more spacious, with piped-in music A NEW service, touted as business-class bus travel, will start next month. Called the Bus-Plus service, it will shuttle passengers between certain residential estates and the Central Business District, with no stops along the
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    • 326 5 CJ corrects mistake six years after it occurred A PRISONER who was nearing the end of his seven-year preventive detention for armed robbery and other offences was told on Tuesday that he would have to receive 12 strokes of the cane. Pakarisamy Ramasamy,
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    • 252 5  -  By Ahmad Osman AMP INVESTMENTS, a private investment company set up to encourage the MalayMuslim community to go into business, has suffered a loss of about $230,000. Its losses for 1993 amounted to $39,957. Sources said it would continue to operate for several months
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    • 395 5 THE Singapore Democratic Party has condemned the Government’s policy towards Myanmar, and called for it to sever all links with the mili-tary-led regime. It said that the regime had plundered the nation, persecuted the minorities and placed Nobel Prize laureate
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    • 720 6  -  By Zuraidah Ibrahim FOUR out of five working adults in Singapore give ’heir parents a regular mon’hly allowance. according to a Straits Times survey And almost nine out of 10 also either take their parents out for a meal or give them money
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    • 432 6  -  By Tan Ooi Boon ABOUT 80 Singaporean law graduates from British universities have failed *c secure a place in this year's Postgraduate Practice Law Course (PLC) because they failed the London Bar examination. Because of this, the total number of students for
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    • 82 6 THE Government has named Mr Calvin Eu Mun Hoo as its first Ambassador to Myanmar. Mr Eu. 40. has been the Charge d'Affaires in the Singapore Embassy in Yangon since February this year, said a statement from the Foreign Affairs Ministry last Thursday. Before
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    • 236 6 MORE than 2,000 people thronged the Singapore Omni-theatre grounds last Friday hoping to see fragments of the ShoemakerLevy 9 comet hitting the planet Jupiter. They crowded around the 29-inch television set hooked up to the omnitheatre’s telescope, which was pointed towards the planet. On screen was
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    • 391 7  -  Some parents swore falsely that children lived with guardians near schools By Leong Chan Teik POLICE are investigating parents suspected of having cheated when registering their children for Primary 1 last year. Replying to a Straits Times query, the Ministry of Education said it was working
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    • 458 7  -  Businessman buys fake painting at auction By Tan Hsueh Yun A SINGAPORE businessman paid $30,000 for a painting at an auction, but found out later that it was a forgery. Mr T. K. Low, 46, said he has made a police report about the painting, titled Lady and
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    • 480 7 A FORMER remisier who speculated and lost heavily when the market tumbled early this year sold clients’ shares and used their cheques to cover his losses. He was sentenced to a total of five years in jail last Friday. Carlo Wong Kuen
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    • 395 7  -  By Tan Ooi Boon CALL it the university for credit card crooks. Hongkong credit card syndicates are conducting courses to teach gangs in the region how to make near-perfect fake cards. Mr Jeffrey Toh, the head of Singapore’s Commercial Crime
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    • 363 8 JALAN Ahmad Ibrahim in Tuas will bo upgraded into an expressway bv mid-1997 to cope with an expected increase in traffic volume. A new causeway to Malaysia is being built off Tuas and this will be completed bv late 1997. At a press briefing last
      Timesgraphics  -  363 words
    • 420 8 RESIDENTS living near a carpark at Block 219. Ang Mo Kio Avenue 1. were awakened by an explosion early Tuesday morning. Several people who rushed to their windows saw seven motorcycles and a car on fire in the carpark. Madam Saadiah Abdul Samad.
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    • 258 8 WHAT was to have been a day of joy at Methodist Girls’ School turned into one of shock when the walls of the school, which turned 107 years old on Monday, were found scrawled with Satanic graffiti. As police investigated through the morning,
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    • 147 8 DR ANDREW Chew, head of Civil Service, has been appointed chairman of the Central Provident Fund Board from next month. A statement from the Labour Ministry last Friday said the three-year appointment would take effect from Aug 1. Dr Chew, who is
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    • 219 8 A 24-YEAR-OLD man. Ong Hock Kwee, who was charged earlier with hurting a policeman by biting his hand, may soon have the charge amended to one of attempted murder as he has been found to be an HIV carrier. The medical report
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  • SPORTS
    • 401 9 Malaysian Premier League soccer: Reports by Peter Khoo Steven smashes home cross from Man Hon SINGAPORE’S two substitutes Steven Tan and Lee Man Hon combined to grab a late winner for the Lions as they edged a stubborn Negri Sembilan 1-0 in their Malaysian
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    • 371 9 HAT-TRICKS from twin strikers Fandi Ahmad and Abbas Saad propelled Singapore to a thumping 7-1 win over a depleted Penang in their Malaysian Premier League soccer match at the National Stadium last Friday. The victory was the Lions’ biggest of the season, surpassing
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    • 494 9  -  SQUASH By Lee Yulir Lee Yulin MANILA Singa|>ore won a record fourth consecutive women’s team title in the East Asia squash championship when it beat Japan 3-0 last Friday. The five-day round-robin event had seen both teams tied at four victories apiece over Hongkong, Malaysia, Philippines and
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    • 119 9 HOWLING A GIANT milestone was recorded in Singapore’s tenpin bowling history last Friday when the sport was recognised officially as an extra-curricular activity in local schools. Twenty students from East ViewSecondary School attended the first-ev-er bowling ECA session at Victor’s Superbowl in Marina
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  • MALAYSIA
    • 670 10 Many want to make move but worry about difficulties adjusting to ‘normal lives’ Islamic teachings. NST. Bernama. Reuter. NST. Reuter. ALOR STAR (Kedah) Many AlArqam members wanted to leave the movement but feared that they might face difficulties in adjusting to “normal lives”, said Deputy Minister
      Islamic teachings. NST. Bernama. Reuter.; NST.; Reuter.  -  670 words
    • 457 10  -  By Kalimullah Hassan in Kuala Lumpur MALAYSIAN leaders and newspapers last Friday attacked British newspapers for continuing their vendetta against the country over reports alleging that a Malaysian minister had accepted a US$lO,OOO (SS15.000) gold coin as a bribe
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    • 302 10 Bernama. KUALA LUMPUR Asean's success seemed to have drawn some unwelcome attention and efforts were being made to slowdown the grouping's development through the imposition of foreign standards. Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad said last Friday. Asean countries must
      Bernama.  -  302 words
    • 274 10 NST. KUALA TERENGGANU Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday that the Cabinet had decided to impound the passport of a leading businessman for visiting Israel. “Usually, when a person misuses his passport, the government will take it back,”
      NST.  -  274 words
    • 185 10 AP. AFP. MANILA Malaysian journalist Abdul Samad Ismail has won this year’s Ramon Magsaysay award for journalism. literature and the creative communication arts. Mr Samad, 70, was recognised for “applying his intellect and journalistic skills to champion national independence. cultural revival and democratic nation-building in
      AP.; AFP.  -  185 words

  • ASEAN
    • 638 11  -  Meetings show it has taken big steps forward: Jaya By Lee Kim Chew in Bangkok ASEAN has entered a new phase of its development and is moving beyond the region with its latest efforts to engage the Asia-Pacific powers in political and economic
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    • 443 11  -  Asean Regional Forum By Lee Kim Chew in Bangkok THE Asean Regional Forum (ARF) got off to a good start on Monday when its 18 members moved ahead with confi-dence-building measures to promote security in the AsiaPacific region. The historic meeting, chaired by Thailand’s Foreign
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    • 237 11  -  LEE KIM CHEW. SINGAPORE will play a key role to get Asean-European Union co-operation moving in a new direction when the two groupings meet in Karlsruhe, Germany, in September. Foreign Minister S. Jayakumar said that Singapore, as co-ordinator for Asean-EU relations this
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    • 591 11  -  Asean Ministerial Meeting By Lee Kim Chew in Bangkok WITH Vietnam poised to become an Asean member, the grouping’s expansion and regional security were the highlights of the two-day Asean Ministerial Meeting. which ended last Saturday. Thailand’s Foreign Minister Prasong Soonsiri said it was
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  • COMMENT / Pick of the week’s editorials
    • 655 12 JULY 28.1994 FORMALISATION of the Asean Regional Forum security arrangement in Bangkok last Monday brings promise that peaceable conditions in Asia, which the United States has underwritten since the end of the last war. can be better guaranteed While America's commitment to having troops and
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    • 666 12 JULY 26. "994 FAMILY ties are alive and well in Singapore. That much is clear from a recent survey conducted by Singapore Press Holdings' research and information department. In terms of monetary gifts and visits, the responses of the younger and older generations tally. More than
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    • 665 12 JULY 25.1994 THE unveiling of design plans last week of The Esplanade, as the overdue arts centre is to be called, fills a gap in the remaking of Singapore. First off were the social infrastructure and the industrial sinews, then the service nerve centres like
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  • 1056 12  -  By Bertha Henson SOMETIME last year, a veteran PAP backbencher spoke to me rather ruefully about the amount of attention newspapers here were giving to NMPs The issues that the latter raised in Parliament, on business costs and so forth,
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  • FEATURE
    • 1134 13 They are part-time diplomats, jetting in and out of the countries they have l)een assigned. Chung Tsung Mien of The Straits Times Political Desk kx)ks at the role of the roving ambassador. SOME people would envy Mr Herman Hoohstadt. 61. who is paid to visit the resort
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  • INSIGHT
    • 1738 14 A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK As Singaporeans debate whether f amily values are being eroded and wonder if* aged parents will be abandoned by their children, a special Insight survey puts family ties under the
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    • 401 14 AN OVERWHELMING 85 per cent of under>s9s said “yes” to whether Government should give an allowance to help old people. The figure was higher for those earning less than $1,591 a month (88 per cent), compared with the higherearners (89 per cent). The
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    • OFF-THE-RECORD
      • 109 15 QUESTION: How many people in Boon Lay live in condominiums or private flats? Answer: One. That, at least, is what the 1990 Population Census says, according to the report on transport and geographical distribution released this week. Solitary condo-dwellers are also to be found in Henderson
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      • 99 15 TRADE and Industry Minister Yeo Cheow Tong was among just a handful of men at a dinner organised in conjunction with the Australian-Asean women leaders forum last Tuesday. He was completely at ease. His wife, lawyer Helen Yeo, had told him he would enjoy the dinner.
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      • 76 15 DELEGATES at the forum must have wished there had been more men around at the event. Shangri-La Hotel, where the forum was held, provided beautiful tall silver jugs with ice cold water at each table. The laden jugs were a mite heavy, with the
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    • 994 15  -  THINKING ALOUD Han Fook Kwang AS I read about the scramble for primary school places taking place now I could not help but reminisce about the one simple rule that applied in my time. I went to the nearest school because I
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    • 587 15 THE INSIGHT INTERVIEW In the first of a regular series, Sumiko Tan interviews Brigadier-General (NS) George Yeo, chairman of Young PAP and Minister for Health, and Information and the Arts, on July 13. Excerpts: Insight: How did the cross-visits between Young PAP and
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  • MONEY
    • 7013 16 INDUSTRIAL AND COMMERCIAL Transaction Date: July 29.1994 1904 Curr Last Vol Oay Gr t Net M Cap WtAvg High Low Company Traded Sale 4 or'000 High Low Oiv P/E Smil Price 1440 835 #1 s Acma 955 5 61 970 955 17.5 15.3 658.3 955 800 400
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    • 290 17  -  GOH SOO MAY. TRADING on the Singapore market started on a quiet note but gained some momentum towards the end of the week when volume picked up substantially on Thursday and Friday. For the week, the UOBOTC Index ended 14.43 points higher at 1.105.62.
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    • 102 17 ST Industrials Index The Straits Times Industrials lnde« rose 7.20 points on the week to 2206.42 DAY CLOSE TURNOVER Monday 2212.26 13 04) 74 582m ($225 058m) Tuesday 2206 04 6 22) 77 539m ($258 864m) Wednesday 2201.39 (—4 65) 77.883m '$255.998m) Thursday 2201 24 —0 15)
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    • 562 18  -  Telecom: All high-rise buildings will be linked to proposed network by end-1997 By Tammy Tan ALL high-rise residential and commercial buildings are to be linked by end-1997 to the proposed island-wide optical fibre cable network, a Singapore Telecom spokesman said last Friday. By the end
      dpa picture.  -  562 words
    • 2182 18 CORPORATE RESULTS Net E arn EPS Hite 13 1.3 13 13 ontpans ann Oml (Nut I (ctM lets) XBK Hldgs Mas Vl f 1 40' 2 k5l A 2 TO Vcma lun 15 E 4151k 14.26k 62 2 < 1 Alex Hides Jun 24 P 12
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    • 330 18 POSBANK has turned in a net surplus of $102.2 million, up from $94.7 million last year. The higher surplus before the bank’s mandatory contribution to the Government’s Consolidated Fund was despite lower interest income. The bank’s interest income last year amounted to $538.6
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    • 193 19 STATE-OWNED conglomerate Singapore Technologies Holdings has appointed Mr Lim Siong Guan as chairman with effect from June 21. In a statement on the reshuffle of its board of directors last Friday, STH said Mr Eddie Teo Chan Seng, the Permanent Secretary of
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    • 524 19 Friday July 29 HKS ASM Pacific 5.50 0 050 Allied Ind Int'l 0 67 unch Allied Oversea 035 -001 Asia Sec Int 2 05 -0.13 Bank of EA 32.10 -0 10 C P Pokphand 2 32 0 02 CDL Hofei 3.30 0.14 Cafe De Coral 3 65 0 05
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    • 343 19 Manager’s prices for Jul 30 Aug 1 Singapore Unit Trust The Commerce 161-170 The Savings Fund 151 16? S pore Prog Fund 069- 0 73 S pore Sec Fund 1.01—1.07»d S pore Invest Fund 116-123 S pore Equity Fund 0.83-0 88 Credit Lyonnais Int'l Asset Met CL Asia
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    • 516 19  -  Listed Malaysian group’s s3sm bid takes observers by surprise By Kalpana Rashiwala IN A surprise move. Industrial Oxygen Incorporated Berhad (IOI) has outbid Ultrapolis 3000 Theme Park Investments Ltd for a 19-hect-are theme park site in Marina South. The site comprises
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    • 163 19 PRICES were significantly higher last month, with the consumer price index (CPI) rising 4.1 per cent over June 1993, due mainly to hikes in transport costs. Measured against May 1994, last month’s prices were up 0.8 per cent, following a similar
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    • 151 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar I 4997 1.5168 Sterling pound 2.2708 2.3236 Australian dollar 1.0945 1.1268 Canadian dollar 1.0773 1.1022 NZ dollar ***** 0.9189 EC unit 1 8295 Singapore dollars to 100 of foreign currency units Austrian schilling 13.1468
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    • 128 19 Contract data: 29/7/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALI VALUE DATE us* 4 4 3 4V« 5 5'. 3’. 2/8/94 AS 4'» 4 2 5'. 5 3 5'« 2't 3/8/94 NZ$ 5 5 6'* 6 V* 6 4* 2/8 94 STG
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    • 477 20  -  Industrial park projects in China must get EDB’s nod for using Republic’s name By Colin Tan THE Government has tightened up on the use of the name “Singapore” for industrial park projects in China. The move, which observers say will help protect the reputation of
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    • 437 20 FRANCE and Singapore will set up a business council to boost bilateral trade and look into joint ventures in third countries, said visiting French Minister of the Economy, Dr Edmond Alphandery, on Tuesday. He said Franee’s ambassador to Singapore,
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    • 117 20 THE Telecommunication Authority of Singapore (TAS) is considering liberalising postal services, said its new r direc-tor-general, Mr Lim Chuan Poh. The move is aimed at creating “greater competition to keep pace with the dynamics of the marketplace”, he said in an interview’ published in the
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    • 224 20  -  By By Patricia Adversario AT LEAST 12 more Singapore investors in a residential development in Suzhou city in China have decided to reject their apartments because their developer had misrepresented them. This brings the total to 92. Last week, SO Singapore investors in the
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    • 384 20  -  By Koh Keat Kian SHARE trading at the new authorised trading centres (ATCs) in banks got off to a modest start yesterday, with more small investors selling than buying shares. But it was quiet at the ATCs in broking firms. There
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    • 303 20 SINGAPORE has the second lowest rate of software piracy in the world, according to a study conducted by an international association of the personal computer software industry. The Software Publishers Association (SPA) found that Singapore, with a 29 per cent software piracy
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  • Page 21 Advertisements
    • 832 21 fcixi i jul i ow, The Straits Times Weekly Edition A 4 nr Sun Soft, a subsidiary of US$4.7 billion Sun Microsystems Inc the leading UNIX workstation company in the world, is expanding globally. SunSoft’s SOLARIS is seen by customers, business partners, industry analysts and technology adopters to be the
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  • Page 22 Advertisements
    • 662 22 The place to be Be a part of Apple Computer 's sales and marketing organization in Singapore. We are looking for dynamic individuals to fill the following positions. If you want the power to be your best, there's only one place to be. Service Support Manager Far East Region Reporting
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  • FORUM
  • Page 23 Advertisements
    • 123 23 Dear Readers. THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in very exceptional circumstances, such
      123 words
    • 57 23 1 MAKING AN ISSUE OF THE MAJOR ISSUES. The Straits Times Weekly 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. xW:
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  • 902 24  -  MPs vote to send it to Select Committee By Zuraidah Ibrahim PARLIAMENT on Wednesday hacked the Maintenance of Parents Bill by an overwhelming majority, with 50 MPs voting to send it to a Select Committee and 11 opposing it. As it was a private member's
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  • 405 24 WORKERS will be allowed to use their Central Provident Fund savings to top up their spouses’ CPF accounts, under new legislation passed by Parliament on Monday. Labour Minister Lee Boon Yang told the House that the Central Provident Fund (Amendment)
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  • 474 24 THE President will be required to make public his reasons for approving any proposed government spending that might draw on accumulated reserves under Constitutional amendments tabled in Parliament on Monday. But he will not have to do so for spending on defence and security
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