The Straits Times : Weekly Overseas Edition, 12 November 1994
1994-11-12
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The Straits Times : Weekly Overseas Edition
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Title Section20 1994-11-12 1 The Straits Times WEEKLY EDITION SATURDAY. NOVEMBER 12. 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/9420 words
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630 1994-11-12 1 Cherian George - By Cherian George SINGAPORE must aim for maximum economic srrowth while favourable conditions last Prime Minister Goh Chok Tong said on Tuesday. He said people should be allowed to make as much money as they could, without jeini? taxed too heavily. The630 words
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Article, Illustration302 1994-11-12 1 ONE is a Chinese-educated scholar, calligrapher and poet; the other an English-educated doctor turned bureaucrat. Both were honoured for their contributions to Singapore on Nov 4 when the nation paid tribute to ts outstanding citizens. Former Head of Civil Ser;ce Dr Andrew Chew and302 words
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Advertisement11 1994-11-12 1 \2 33“ lanning a EER Move CHECK OUT Pages 21 2211 words
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262 1994-11-12 1 A CHILL DOWN MY SPI^ LAST week’s decision by European electronics giant Siemens not to make any new investments in Singapore was a move that sent a chill down his spine, Mr Goh Chok Tong said. “I fear262 words
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NEWS FOCUS
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Article, Illustration523 1994-11-12 2 Sunny Goh - 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 onPicture by WONG KWAI CHOW. - 523 words
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437 1994-11-12 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 members437 words
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520 1994-11-12 2 Chua Mui Hoong - 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. A520 words
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463 1994-11-12 3 Bertha Henson - 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 Lee463 words
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422 1994-11-12 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 Ang422 words
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360 1994-11-12 3 Ida Bachtiar - 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 Asean360 words
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Article, Illustration438 1994-11-12 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 poked438 words
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378 1994-11-12 3 Jean Chia - 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 sacrifices378 words
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HOME
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625 1994-11-12 4 M. Nirmala - 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 it625 words
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Article, Illustration493 1994-11-12 4 Lim Kim Huat; in rural areas.” — Lianhe Zaobao - 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. His493 words
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445 1994-11-12 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 still445 words
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539 1994-11-12 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 by539 words
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Article, Illustration422 1994-11-12 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,422 words
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386 1994-11-12 5 Ahmad Osman - 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 to386 words
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440 1994-11-12 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 last440 words
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433 1994-11-12 6 Wang Hui Ling - 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 and433 words
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Article, Illustration242 1994-11-12 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 behind242 words
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505 1994-11-12 6 Ng Wei Joo - 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 the505 words
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Article, Illustration545 1994-11-12 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 ANDREW545 words
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603 1994-11-12 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 three603 words
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502 1994-11-12 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 of502 words
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Article, Illustration516 1994-11-12 8 Pang Pit Kheng - 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 25.516 words
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618 1994-11-12 8 Dominic Nathan - 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 5:618 words
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705 1994-11-12 8 Gerry de Silva - 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 of705 words
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Advertisement185 1994-11-12 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
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SPORTS
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Article, Illustration691 1994-11-12 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 this691 words
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605 1994-11-12 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 in605 words
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Article, Illustration326 1994-11-12 9 Peter Khoo - 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 Association326 words
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MALAYSIA
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365 1994-11-12 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 AnwarBernama.; NST. - 365 words
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Article199 1994-11-12 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 annual199 words
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445 1994-11-12 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, afterBernama. - 445 words
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429 1994-11-12 10 Kalimullah Hassan - 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. said429 words
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313 1994-11-12 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 Form313 words
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ASEAN
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Article, Illustration483 1994-11-12 11 Paul Jacob - 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, southTimesgraphics - 483 words
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232 1994-11-12 11 bly plant for the N-250 in the US. — PAUL JACOB - 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.232 words
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281 1994-11-12 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 thatReuter,; AFP. - 281 words
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191 1994-11-12 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 plantationsAFP. - 191 words
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357 1994-11-12 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 we357 words
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151 1994-11-12 11 Ignatius Stephen - “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 formal151 words
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COMMENT / Pick of the week’s editorials
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Article660 1994-11-12 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 place660 words
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Article662 1994-11-12 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 whose662 words
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Article660 1994-11-12 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 Minister660 words
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848 1994-11-12 12 Bob Ng - 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 domain848 words
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COMMENT/ANALYSIS
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Article, Illustration1412 1994-11-12 13 Deputy Prime Minister BG (NS) Lee Hsien Loong tells Bertha Henson why it would not be feasible and wrong for the Government to sell COEs below market price. Why the Government went for different categories of COEs If1,412 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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Article, Illustration2480 1994-11-12 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 Bow2,480 words
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Article, Illustration1004 1994-11-12 15 Han Fook Kwang - 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 falling1,004 words
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1343 1994-11-12 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 the1,343 words
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MONEY
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Article7207 1994-11-12 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' 267’7,207 words
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288 1994-11-12 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-basis288 words
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Article102 1994-11-12 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)102 words
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323 1994-11-12 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 to323 words
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3595 1994-11-12 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 '9053,595 words
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497 1994-11-12 18 Tammy Tan - 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 firms497 words
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132 1994-11-12 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.132 words
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210 1994-11-12 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 the210 words
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Article515 1994-11-12 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 Cath515 words
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Article342 1994-11-12 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 CL342 words
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Article, Illustration339 1994-11-12 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 Lim339 words
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161 1994-11-12 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 visit161 words
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458 1994-11-12 19 SINGAPORE Press Holdings (SPH) has reported a solid 29.2 per cent jump in group net earnings to $292.45 million, which was slightly higher than analysts’ expectations. Announcing the group’s results for the year ended Aug 31, 1994, SPH chairman Lim Kim San458 words
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Article150 1994-11-12 19 COUNTER RATES Singapore dollars to one unit ot foreign currency Buying 00 Selling US dollar 1.4583 1.4748 Sterling pound 2.3177 2.3723 Australian dollar 1.0868 1.1188 Canadian dollar 1.0651 1.0898 NZ dollar 0.8922 ***** EC unit 1.8456 Singapore dollars to 100 of foreign currency units Austrian schilling 13.3175 13 9069150 words
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Article142 1994-11-12 19 Contract data: 11/11/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALI VALUE DATE uss 4 k 5'i 5H 5'» 6 3 3 ,4 15/11/94 A$ 5*4 6'* 6*4 7 1 P» 4'k 15/11.94 NZ$ 6'« 7'. 7>/j 7 s 7 3 4 5142 words
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603 1994-11-12 20 Kalpana Rashiwala - 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' private603 words
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Article, Illustration476 1994-11-12 20 Gerry de Silva - 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 Tieng476 words
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Article552 1994-11-12 20 Ann Williams - 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 Japanese552 words
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Advertisement835 1994-11-12 21 The Straits Times Weekly- Edition -•-V y*w s s m v mf 5H38 •_*> v w V HawParVilla Are You Creative, Resoureeful And Talented? Are You Looking For A Career In Entertainment? Wv arc talent set hi ting fur the posit itui of: HEAD OF ENTERTAINMENT Reporting t«> lliv Cioncral835 words
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Page 22 Advertisements
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Advertisement874 1994-11-12 22 B Create The Future The IPCO Croup is a public listed international developer, turnkey contractor and investor in major infrastructure projects around the world. The Croup develops projects for the oil and gas, power, water supply and transportation industries, particularly for developing countries in Asia, Africa and Latin America. In874 words
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FORUM
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Article, Illustration566 1994-11-12 23 I REFER to the report “NUS Society scraps mid-year issue of journal" by Cheri'an George (ST Weekly. Nov 5) and the Forum letters by Andrew Mak Yen Chen and Umej Bhatia (ST. Nov 1). I wish to thank Andrew Mak566 words
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828 1994-11-12 23 WE, THE former editors of Commentary, would like to respond to the Forum letter by Mr Tan Siang Chik, president, NUS Society (see letter above). While we recognise that the NUSS management committee has the authority and right to censor828 words
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186 1994-11-12 23 I REFER to Yeo Hsuyin’s letter “Sales personnel if nothing else, please be polite (ST Weekly. Oct 22). I applaud her proposed practice of rudimentary politeness and friendly gestures at all levels of society. However, I was extremely amused by186 words
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Advertisement124 1994-11-12 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, such124 words
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771 1994-11-12 24 Cherian George - 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.771 words
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Article, Illustration396 1994-11-12 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
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381 1994-11-12 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 the381 words