The Straits Times : Weekly Overseas Edition, 12 November 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition

  • NEWS FOCUS
    • 523 2  -  It wants joint efforts with Asean to ensure this By Sunny Goh CHINA pays great attention to the political stability of the Asia-Pacific region as this is a crucial condition to ensure the economic development of the area, Chinese President Jiang Zemin said on
      Picture by WONG KWAI CHOW.  -  523 words
    • 437 2 MAKING money need not be incompatible with MPs’ dedication to duty, Mr Goh Chok Tong said on Tuesday. Describing the “core values’’ that would allow the People’s Action Party to rule indefinitely, the party’s secretary-general said its MPs and members
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    • 520 2  -  By Chua Mui Hoong THE Workers’ Party has said $360,000 a year is adequate payment for the work done by ministers, much lower than the 5587.000 they now receive, and less than half the proposed new package of $Bll,OOO. A
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    • 463 3  -  Experiments are a public education exercise, says BG Lee By Bertha Henson THE Government is willing to tinker with the COE system to demonstrate to the public that the present tendering system is the best way to allocate COEs. said Deputy Prime Minister Lee
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    • 422 3 ABOUT 200 residents living in a block of flats in Ang Mo Kio were evacuated on Tuesday when one of the support pillars at the void deck buckled and cracked. The 3.6-m-high pillar one of about 200 columns supporting Block 538 in Ang
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    • 360 3  -  By Ida Bachtiar THE Majapahit kingdom, founded exactly 700 years ago this year, holds an important key to the understanding of relationships among countries in this region. Brig-Gen (NS) George Yeo said on Wednesday. And with stronger ties being forged among Asean
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    • 438 3 A BUSINESSWOMAN was given a day’s jail and a SI,OOO fine after she pleaded guilty to assaulting her Filipino maid. The maid, Miss Edwina Celiz, fled from her employer’s Telok Kurau home on Feb 1 after she was poked
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    • 378 3  -  By Jean Chia A 10-MINUTE jam on Singapore roads costs the economy 1 per cent of its gross domestic product (GDP) annually, according to calculations by transport economists of the National University of Singapore. Singapore's 1.6 millionstrong workforce sacrifices
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  • HOME
    • 625 4  -  Balloting system to stay for new units in mature estates By M. Nirmala THE Government has chopped its plans to auction off a small portion of now HOB flats in mature estates. It will instead stay with the balloting system and use it
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    • 493 4  -  By Lim Kim Huat in Beijing in rural areas.” Lianhe Zaobao. SENIOR Minister Lee Kuan Yew donated 100.000 yuan (5517.250) in royalties from the China version of his book to support a village library project in the country. His
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    • 445 4 THE Registry of Vehicles will allow rental car firms to sell their SZ-plate cars to the public from next month. When sold, it will be converted to a privately-registered car with a new licence number. But the SZ-plate car’s sevenyear lifespan will still
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    • 539 5 SINGAPORE has to make sure that the overall quality of life is close to what people of equivalent incomes could enjoy elsewhere, said Deputy Prime Minister Lee Hsien Loong on Sunday night. Speaking at a dinner organised by
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    • 422 5 Undergrade efforts earn him Green Leaf Award LAW undergraduate Eugene Tan Kheng Boon is convinced that the green message has to reach students younger for it to work. After seeing even undergraduates dump waste indiscriminately into recycling bins on campus, Mr Tan,
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    • 386 5  -  By Ahmad Osman GRASSROOTS union leaders with a diploma in industrial relations from the Singapore Institute of Labour Studies can now compete for financial awards to help them pursue full-time degree courses. The awards will be given to those with the potential to
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    • 440 5 SINGAPOREAN students who go to the United States can tap its linguistic and ethnic diversity to benefit from links, not only with Americans, but also with other international students, Dr Vartan Gregorian, the president of Brow n University, said last
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    • 433 6  -  Most accompanied by family members for night of glory Presentation of National Day awards By Wang Hui Ling ALMOST all camp accompanied by family members Some bought special outfits for the occasion, mindful that this was their night of glory Lawyer and
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    • 242 6 THE founder and patriarch of the diversified Hong Leong group. Mr Kwek Hong Png. died on Tuesday. He was 83 years old. Hong Leong officials said he died peacefully at 2.30 am at Mount Elizabeth Hospital, but declined to elaborate. He leaves behind
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    • 505 6  -  By Ng Wei Joo THE 10-vear-old Gifted Education Programme (GEP) is being reviewed. and any changes made to it will be announced next year. Education Minister Lee Yock Suan has said. The review, to be completed by year end. will consider various aspects of the
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    • 545 6 Former head of civil service Dr Andrew Chew and well-known calligrapher and poet Pan Shou received the highest honours given out at this year’s National Day Awards Investiture ceremony the Meritorious Service Medal. Below are the citations accompanying their awards. Dr Andrew Chew Guan Khuan DR ANDREW
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    • 603 7 SINGAPOREANS’ life spans have lengthened. Men can now expect to live for 74.1 years on average, and women, 78.4 years, Prof Chao Tzee Cheng said at a medico-legal seminar last Saturday. This means that life expectancy has improved by about three
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    • 502 7 CONCRETE mixer driver Lee Thiam Hock was on Tuesday cleared of raping and trying to rape his former lover. Lee, 43, whose defence was called, was acquitted of attempted rape at Yishun Industrial Park A on Jan 31, and also of
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    • 516 8  -  Two want to keep family businesses in the area By Pang Pit Kheng MR CHAN KIM YING and Mr Lim Yam Hee each paid almost $4.6 million for unrestored Chinatown shophouses at the Urban Redevelopment Authority (URA) auction on Oct 25.
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    • 618 8  -  By Dominic Nathan THE Ministry of National Development (MND) has rejected an appeal backed by 25.0U0 Singaporeans to conserve 70 hectares of land in Senoko as a nature park. An MND spokesman told The Straits Times on Nov 5:
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    • 705 8  -  By Gerry de Silva in Perth SINGAPORE Airlines (SIA) will be recruiting 20 trainee pilots from Malaysian Airline System (MAS), which redeployed them recently to non-flving duties. The Malaysian-based trainees, one of the largest groups to be hired by SIA. are part of
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  • Page 7 Advertisements
    • 185 7 Home Delivery Weekly! The StraitsTiines WEEKLY EDITION UM4.' HHHpw nfo!?®* XSS& '/f A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment oooortunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may oe. Every week. Subscribe now.
      185 words


  • SPORTS
    • 691 9 Premier League champion struggles to edge out 10-man Perak Malaysia Cup: Singapore v Perak and Singapore v Sarawak. Peler Khoo reports Singapore 1 Perak 0 BOOS rang out loud and clear at the home of the newlycrowned Malaysian Premier League champion for the first time this
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    • 605 9 Man Hon’s last-minute goal salvages a draw, keeps the Republic atop group standings Singapore 2 Sarawak 2 HOW Singapore must love late, late goals. On Oct 29, a last-gasp winner from Steven Tan against Pahang put the Lions on top of Group A in
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    • 326 9  -  FAS raises rewards for players in M-Cup matches By Peter Khoo IT PAYS to win. Singapore’s soccer Lions have earned more than $lBO,OOO collectively in match bonuses for their Malaysian Premier League performances this season. And they stand to get more, for the Football Association
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  • MALAYSIA
    • 365 10 It shouldn’t mean bullying others: Anwar Bernama. NST. KUALA LUMPUR The West needs to learn from China that having power and might does not necessarily mean that a country should attempt to subvert and colonise others. Deputy Prime Minister Datuk Seri Anwar
      Bernama.; NST.  -  365 words
    • 199 10 KUALA LUMPUR Proton, the Malaysian national-car company, has been increasing its production by 10,000 cars annually but is still unable to meet the demand for its models. The Star on Tuesday quoted Proton managing director Datuk Mohamed Nadzmi Mohamed Salleh as saying that the company’s annual
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    • 445 10 Science and technology ranks fourth in preferences Bernama. KUALA LUMPUR Most Malaysians are more interested in sports and entertainment than in science and technology, a recent study for the Science, Technology and Environment Ministry has revealed. Science and technology ranks only fourth, after
      Bernama.  -  445 words
    • 429 10  -  By Kalimullah Hassan in Kuala Lumpur THE Information Ministry on Thursday set up a special unit to monitor foreign press and television reports following a spate of negative stories on the country by the Australian Broadcasting Corporation. The minister, Datuk Mohamed Rahmat. said
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    • 313 10 KUALA LUMPUR One out of four second-ary-school students in Selangor tested positive for drug abuse in random tests carried out in the first eight months of this year. The Malay Mail last Saturday said that of the 6.444 pupils from Form
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  • ASEAN
    • 483 11  -  Reports by Paul Jacob Jakarta Correspondent INDONESIA’S N-250 commuter plane, the first locally-de-signed and manufactured aircraft which has generated its share of controversy, was unveiled on Thursday by President Suharto. Speaking at the headquarters of the state-owned IPTN aircraft manufacturer in Bandung, south
      Timesgraphics  -  483 words
    • 232 11  -  bly plant for the N-250 in the US. PAUL JACOB. INDONESIA is aiming to have the 70-seat twinturboprop N-250 in commercial production by 1997. Test flights will start next year to coincide with the country’s 50th independence anniversary celebrations.
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    • 281 11 Reuter, AFP. MANILA The Philippines and the United States would sign an agreement next month which would allow US ships to dock for refuelling and refitting, the American ambassador to Manila said on Thursday. The ambassador, Mr John Negroponte, told reporters that
      Reuter,; AFP.  -  281 words
    • 191 11 AFP. JAKARTA Forestry Minister Jamaludin Suryohadikusumo said on Nov 4 that Indonesia would ban the use of fire in land clearing for new forestry estates and plantations. "There will be no new land clearing for forest estates or plantations
      AFP.  -  191 words
    • 357 11 MANILA President Fidel Ramos has said that his government does not condone the abuse of Filipino workers abroad and will defend them if they have not broken the laws of the host countries. "But we have to make sure that before we
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    • 151 11  -  “By Ignatius Stephen. BANDAR SERI BEGAWAN Vietnam has applied formally to join Asean, the regional grouping’s senior officials attending a top-level meeting here were told on Nov 4. Asean Senior Officials Meeting (SOM) sources said Vietnamese Foreign Minister Nguyen Manh Cam submitted a formal
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  • COMMENT / Pick of the week’s editorials
    • 660 12 NOV 12, 1994 NEXT week in Bogor, the leaders of 18 Asia-Pacific countries will have it in their power to show trading nations elsewhere that an unequivocal commitment to expand trade by fair means is what the new age will need to take the place
      660 words
    • 662 12 NOV 8. 1994 PRIME Minister Goh Chok Tong's plan to honour in "tangible ways” the past contributions of Singaporeans in public life is further evidence of Singapore moving in the direction of a caring society which is now affluent enough to consider retroactive reward for those whose
      662 words
    • 660 12 NOV 7. 1994 THE clamour over COEs had reached such a pitch after the psychological barrier of $lOO,OOO was crossed last month that the Government had to do something, if only to placate public opinion. It now has. although, on the balance of probability. Communications Minister
      660 words
    • 848 12  -  By Bob Ng IT IS an issue which refuses to go away quietly. Indeed each time it re-surfaces, it creates even bigger waves this time going all the way up to Parliament. Almost exactly a year ago. the issue entered the public domain
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2480 14 With Certificate of Entitlement prices hitting $100,(XX), many Singaporeans are wondering if its relentless rise can be checked. Would the pay-as-vou-bid system or electronic road pricing help? And with cars at these staggering prices, what public transport alternatives are there? Communications and Emironment Minister Mah Bow
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    • 1004 15  -  THINKINGI ALOUD Han Fook Kwang HERE is a suggestion to bring some cheer to hapless motorists suffering from COE fatigue: make them honorary Friends of Public Transport (FPT) entitled to unlimited free travel on buses and MRT. They deserve nothing less for falling
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    • 1343 15 IT COMES to life every election year quietly and without fanfare. It makes an appearance in the public eye only when it finishes its work of reviewing boundaries Then, it is a sure indication that a General Election is in the
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  • MONEY
    • 7207 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Nov 11. 1994 19*» Curr Last Vol Day Ora Nat M CapWtAvg High Low Company Traced Sale +or'000 High Low Div P/E imil Pf.Ct 720’ 417 5 ’lilt s Acma 50c 520 -5 241 520 510 88 16.6 716.8 533 547' 267’
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    • 288 17 THE Singapore stock market is expected to firm in the coming week as investors look forward to easing tension following the widely-anticipated announcement from the US Federal Reserve Board on short-term interest rate policy. Analysts said the market has discounted a 50-basis
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    • 102 17 ST Industrials Index The Straits Times Industrials Index tel 29.91 pants ai the week to 2322.59. DAY CLOSE TURNOVER Monday 2331.66 (-20 84) 121 86m ($358 329m) Tuesday 232/01 (—4.65) 127 70m ($340 639m) Wednesday 2344 40 17 39) 93 50m ($305 997m) Thursday 2329 94 14 46)
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    • 323 18 SINGAPOREANS can now apply for a plastic card which will help protect other cards held by them, with the launch on Tuesday of a new credit card loss reporting service. Card Guard International is offering subscribers a "one call does it all" service to
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    • 3595 18 CORPORATE RESULTS j oinp.im Date Net Earn n it EPS n LI ann Ckm) (Sm> (elt) (els) I VBK Hldgi Sep IP 1 1 UN 1.365 2.5 3.3 Verna Sep 16 1 48 P26 IP 5|7 710 28 6 i Mown* Aug 1 1 P.373 '905
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    • 497 18  -  By Tammy Tan A GROWING number of Singaporeans have been appointed to senior management positions in international public relations firms, heralding the beginning of a new era in the Republic’s PR industry. In the past, the top rungs of PR firms
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    • 132 18 SINGAPORE travellers to the Philippines can now bring along their GSM (Global System for Mobile Communication) handphones to use there. This follows the introduction of the Subscriber Identity Module (SIM) card roaming service there by Singapore Telecom’s new subsidiary, Singapore Telecom Mobile Link.
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    • 210 19 THE world's fastest personal computer (PC) is being manufactured and assembled in Singapore, a milestone that marks the Republic’s growing importance as a centre for worldclass information technology. Apple Computer on Tuesday launched its Power Macintosh 8100 110 system, touted to be the
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    • 515 19 Friday November 11 HKS ASM Pacific 5.80 unch Allied Ind Int i 0.53 -0 03 Allied Oversea 0 75 -0.01 Asia Sec Int 2.80 -0.03 Bank of EA 33 90 -0 20 C.P. Pokphand 2.23 -0 05 CDL Hotel 3 50 unch Cafe De Coral 2.17 -0 03 Cath
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    • 342 19 Manager’s prices for Nov 12 14 Singapore Unit Trust The Commerce 1.67—1 77 The Savings Fund 1.62-1.71 S pore Prog Fund 0.63 —0 67 S pore Sec Fund 0 99-1.05 S pore Invest Fund 1.22-1.29 S pore Equity Fund 0 82-0 87 Credit Lyonnais Int'l Asset Met CL
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    • 339 19 5% productivity growth this year Boon Heng Figure higher than projected long-term rate of 3-4% SINGAPORE should achieve 5 per cent productivity growth this year, slower than last year’s 6.5 per cent figure, but still significantly higher than the projected long-term sustainable rate of 3-4 per cent, said Mr Lim
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    • 161 19 THE Trade Development Board will lead six companies on its first-ever mission to Vietnam’s coffee, spice and tea producing provinces tomorrow. Vietnam is the second largest coffee producer in Asia and the fifth largest pepper producer in the world. The eight-day mission will visit
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    • 458 19 SINGAPORE Press Holdings (SPH) has reported a solid 29.2 per cent jump in group net earnings to $292.45 million, which was slightly higher than analysts’ expectations. Announcing the group’s results for the year ended Aug 31, 1994, SPH chairman Lim Kim San
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    • 150 19 COUNTER RATES Singapore dollars to one unit ot foreign currency Buying 00 Selling US dollar 1.4583 1.4748 Sterling pound 2.3177 2.3723 Australian dollar 1.0868 1.1188 Canadian dollar 1.0651 1.0898 NZ dollar 0.8922 ***** EC unit 1.8456 Singapore dollars to 100 of foreign currency units Austrian schilling 13.3175 13 9069
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    • 142 19 Contract data: 11/11/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALI VALUE DATE uss 4 k 5'i 5H 5'» 6 3 3 ,4 15/11/94 A$ 5*4 6'* 6*4 7 1 P» 4'k 15/11.94 NZ$ 6'« 7'. 7>/j 7 s 7 3 4 5
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    • 603 20  -  Nine parcels to produce 1,200 new private units By Kalpana Rashiwala THE Urban Redevelopment Authority (URA) is ending the year with a big bang. It launched on Wednesday its biggest sale of residential sites to date, which will yield about 1,200 new' private
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    • 476 20  -  By Gerry de Silva TEMASEK Holdings is exploring the possibility of developing a large-scale resort in Western Australia (WA) aimed at attracting Singaporeans and well-heeled Asians looking for holiday homes. A top-level team led by Temasek Holdings chairman Lee Ek Tieng
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    • 552 20  -  Mitsubishi and Mitsui keen to take stake in consortium developing township By Ann Williams TWO of Japan’s top conglomerates, Mitsubishi Corporation and Mitsui Co Ltd, have expressed keen interest in joining the consortium developing the Singapore-Suzhou township project. In addition, five more Singapore and Japanese
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  • Page 21 Advertisements
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  • Page 22 Advertisements
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  • FORUM
  • Page 23 Advertisements
    • 124 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
      124 words

  • 771 24  -  By Cherian George DEPUTY Prime Minister Lee Hsien Loong said on Sunday Vhat the Government realises there may be a political cost to raising ministers’ salaries but has to go ahead because its mani»ower problem is so critical. "It’s a very serious problem.
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  • 396 24 Recognition will coincide with S’pore’s 30th year: PM A COMMITTEE headed by a senior civil servant will make recommendations by next year on how to reward older Singaporeans who helped shaped the nation, said Prime Minister Goh Chok Tong on Sunday.
    396 words
  • 381 24 CRITICS of the Government’s formula for pegging ministers’ pay to private sector professionals should note that even after the revisions, a new minister will rank only 100th in the list of top earners, Deputy Prime Minister Lee Hsien Loong said. He acknowledged that the
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