The Straits Times : Weekly Overseas Edition, 3 December 1994

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, DECEMBER 3, 1994 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/94
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  • 637 1  -  Ceilings also fine-tuned in move to cut reliance on unskilled workers and upgrade skills By Dominic Nathan THE Government on Tuesday announced several changes to its foreign worker policy, aimed at reducing Singapore’s dependency on unskilled workers while allowing companies greater flexibility in hiring
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  • 208 1 THE pyramid-shaped skylight that will top off Singapore’s new Parliament Complex was inspired not by the pharaohs of Egypt, but by the President of Singapore. Mr Ong Teng Cheong, an architect by training, offered the tip when the designers were looking around for ideas for
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  • 409 1  -  By Cephah Tan THE Third Child Priority Scheme, which gives families with three children priority in getting an HDB flat, has been revised to stop people from abusing it to speculate in flats. Since its launch in 1987, 2.166 families have made
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  • NEWS FOCUS
    • 687 2  -  Lump sum payment, higher CPF rate By Chua Mui Hoong PENSIONABLE civil servants who retire from next year will have the option of taking out their pension in one lump sum. Also from next year, the Central Provident Fund rate for both employer and
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    • 507 2 A NATIONAL survey on senior citizens will be done soon to help plan future health care in Singapore. Dr Aline Wong. Minister of State (Health and Education), said on Nov 25 the survey is a follow-up to the landmark 1984 Howe Yoon
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    • 425 2  -  By Tan Ooi Boon THE contempt of court hearing which arose over an article written by American academic Christopher Lingle in the International Herald Tribune (IHT) has been adjourned to Jan 9. It was to have been held yesterday. But it was
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    • 268 2 A PASSENGER liner carrying about 60 passengers collided with an oil tanker in the Straits of Malacca on Tuesday. No one was seriously hurt and the liner returned to Singapore, reaching port in the early afternoon. Passengers interviewed said the liner. The Empress,
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    • 484 3  -  It will push investments jointly in third countries By Lee Siew Hua Bangkok Correspondent THE Singapore and Thai private sectors launched a business council on Wednesday to push their investments jointly in third countries, paving the way for a new partnership between the two countries. The
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    • 640 3  -  By Cherian George PLANS were unveiled on Tuesday for a new Parliament for the people a complex designed to make the democratic process of law-making more accessible to the ordinary citizen. The buildings, to be completed by January 1998, will have several features
      Source: PWD  -  640 words
    • 366 3 THERE will be more winners in the Singapore Sweep from next year onwards: 11,299 a month to be precise, up from the current 3.793 And they will have a shot at winning a new bumper prize called the Premium
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  • HOME
    • 585 4  -  International Exposition of QCCs By Rav Dhaliwal MOTOROLA Electronics saved $2B million last year, and it has its well-established Quality Control Circle (QCC) programme to thank. Its 210 QCCs involving more than 2,000 workers saved the company $3 million in
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    • 294 4 PRESIDENT Ong Tong Cheong sat in the cockpit of an F-16 fighter jet to get a feel of being in the pilot's seat during his visit to Tengah Air Base on Wednesday. After touring the Republic of Singapore Air Force (RSAF) base,
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    • 214 4 THE smell of steaming dianxin will soon be wafting through first- and businessclass cabins on SIA flights from Singapore. There will be about 15 varieties of dianxin. including favourites such as shaomai and xiajiao, on the new menu, which is
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    • 492 4 VietvS hope to understand his approach to nation-building A BOOK of the Senior Minister’s compiled speeches has been translated into Vietnamese and is being distributed in Vietnam. The new edition of A Selection of Lee Kuan Yew’s Speeches Over 40 Years,
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    • 670 5  -  Court rejects contention that trial judge was wrong By Ben Davidson THE Public Prosecutor on Monday lost his appeal against three men who cheated the hangman when the High Court acquitted one of drug trafficking and jailed the others for seven years on
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    • 206 5 SINGAPORE Kennel Club members stepped out in national costumes on Sunday, squired down a catwalk by dogs. They kicked off the Asian Kennel Union Championship Show at Hall Three of the World Trade Centre. Club members were dressed in national costumes of most of
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    • 395 5  - Tampines will be the first town to get cable TV in June By Tammy Tan RESIDENTS of Tampines will be the first to receive cable television when Phase 1 of the new network comes on-stream by the middle of next year. To be built at a cost of about $25
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    • 626 6  -  Forum on role of the media By Cherian George JOURNALISTS were reminded by speakers at a forum on Monday that they must reflect the social and political diversity of Singapore. Mr Chan Heng Wing, director of media at the Ministry of Information and the
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    • 146 6 THESE six women (above), aged between 46 and 69. proved last Saturday that age is no barrier when it comes to looking good on the catwalk. The women, part of a group of 12. modelled clothes ranging from cheongsams to
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    • 458 6  -  By Chiang Yin Pheng THE new Singapore People’s Party on Monday unveiled itself as a moderate version of the Singapore Democratic Party, which it said has veered away from the vision which founder Chiam See Tong set for it. SPP
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    • 233 6 MR CHRISTOPHER Graves lived in New York for 13 years without once being mugged But after a year in Singapore on a daily diet of The Straits Times, he said: “It’s amazing to me that the impression I get now, I’m almost afraid
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    • 511 7  -  21,304 flats in 26 precincts involved in programme By Dawn Tan A SECOND batch of Housing Board flats has been picked for the Interim Upgrading Programme (lUP). Twenty-six precincts islandwide comprising 21,304 households will be spruced up under this programme meant for
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    • 448 7 THE National Trades Union Congress (NTUC) Club has arrived in Orchard Road with the opening of Paradigm, its fifth and newest branch, on Monday. The club, located on the sixth floor of the Singapore Shopping Centre in Clemenceau Avenue, has a pub, disco and
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    • 556 8  -  Couples who failed to get date previously can try again: MCD By Geraldine Kan ACCOUNTS clerk Tang Yew Choon and his fiancee will get their Valentine's Dav wish after all. Some of the nearly 300 couples who queued up two weeks ago at
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    • 448 8  -  By Lim Li Htien A DRUG trafficker cut short his detention in 1960 by escaping over the walls of Moon Crescent Changi Prison. But his freedom was short-lived. A year later, the man was arrested in Batu Pahat for drug trafficking and jailed. He
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    • 463 8  -  They parked next to block of flats with police post By Tan Ooi Boon A GROUP of 11 friends wanted to teach a man a "lesson” for cohabiting with the wife of one of the friends. But the plot to hurt him
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  • Page 5 Advertisements
    • 203 5 m <g> NATIONAL UNIVERSITY OF SINGAPORE NANYANG TECHNOLOGICAL UNIVERSITY APPLICATION TO SIT ENTRANCE EXAMINATION FOR SPECIAL CANDIDATES Children of Singaporeans who have been posted or are working overseas and who are interested in seeking admission to courses at the National University of Singapore (NUS) and the Nanyang Technological University (NTU)
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  • Page 7 Advertisements
    • 192 7 Home Delivery Weekly! The Straits Times WEEKLY EDITION ‘»evv f4»I Jp a»as,«®sss» S»sks ifev ,w «£L— 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.
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  • SPORTS
    • 669 9  -  Lanky defender uses his head to earn Liono woll-cloQprved draw MALAYSIA CUP: Singapore 1 Sarawak 1 By Peter Khoo UNTIL last week, central defender Lim Tons Hai had not scored a goal in more than 25 matches for Singapore this season. But last
      Picture by JERRY SEH.  -  669 words
    • 133 9 SINGAPORE midfielder Nazri Nasir (above) has finally met his match in air stewardess Sharifah Nur Leila, with the couple celebrating their wedding on Sunday. Nazri, 23, met his 22-year-old bride last October over roti prata in Bencoolen Street after a mutual friend had introduced
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    • 428 9 Singapore student Priscilla Ann Bhaskaran, 15, made a big breakthrough in athletics by deciding to spend two years in China on a sport-cum-studies {irogramme. The walker will nform readers about her stint on a regular basis. Here she
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  • MALAYSIA
    • 405 10 Directive issued after he became minister Bernama. KUALA LUMPUR Malaysian Deputy Prime Minister Datuk Seri Anwar Ibrahim had issued a directive that any contract or application for shares under the bumiputra special allotment involving his family members be rejected automatically, the
      Bernama.  -  405 words
    • 440 10 Ignorance of the law is apparent, it says NST. KUALA LUMPUR A two-year study on the sentencing of offenders, which was commissioned by former Lord President Tun Hamid Omar, has revealed a worrying disparity in the sentences handed out and the apparent ignorance of
      NST.  -  440 words
    • 334 10 THE Malaysian government may take up the matter of about 50,000 Malaysians working in Singapore who are unable to withdraw part of their Central Provident Fund (CPF) savings to buy houses. The Star on Saturday quoted Parliamentary Secretary to the
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    • 208 10 NST. TWO women lieutenants have been chosen for fighter-pilot training after passing out from the Royal Malaysian Air Force orientation course. The two Lt Haniza Yusof and Lt Zalina Sungip are a “rare breed”, considering that the RMAF has only two other female pilots.
      NST.; – NST picture.  -  208 words
    • 357 10  -  By Kalimullah Hassan in Malacca FORMER Malacca Chief Minister Tan Sri Abdul Rahim Thamby Chik on Tuesday pleaded not guilty to two charges of corruption in the High Court, which has set the trial to take place in April. Judicial Commissioner
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  • ASEAN
    • 332 11 AP. KANCHANABURI Japanese veterans of World War II wept tears of shame upon learning how 116,000 people died at the hands of their Imperial Army while building the “Death Railway”. On Tuesday, they walked the span crossing the River Kwai a
      AP.; AFP picture.  -  332 words
    • 244 11 MANILA Former Philippine First Lady Imeida Marcos said on Monday that she was considering running for office in elections next year and was ready to do so even from prison. Imeida said that she was under pressure from supporters of
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    • 439 11  -  By Simon Sinaga in Jakarta INDONESIA, Malaysia and Singapore will formalise economic cooperation in the southern growth triangle by signing a memorandum of understanding in Johor this month. Coordinating Minister for Trade and Industry Hartarto indicated that the agreement would also outline
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    • 283 11 BRUNEI is facing its biggest migrant influx ever with its foreign population growing at a faster rate than the local population. according to the latest official report on Brunei’s population growth Between 1981 and 1991, the foreign-born population in Brunei grew at an
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    • 326 11  -  By Paul Jacob Jakarta Correspondent INDONESIA will introduce a package of tax incentives next year to encourage greater investment in the eastern-most regions of the country a$ part of its continuing efforts to ensure a more even spread of economic and developmental
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  • COMMENT / Pick of the week’s editorials
    • 631 12 DEC 3. 1994 TODAY’S gubernatorial and mayoral elections in Taiwan have to do with more than the prospects of the ruling Kuomintang (KMT), which faces its biggest electoral test in more than 40 years. Since martial law was lifted in 1987, both the party and Taiwan
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    • 617 12 DEC 1, 1994 THE Labour Ministry’s latest revision of the foreign worker policy has, as expected, brought mixed responses from employers. The rationale for such a revision, as it notes, is threefold: to reduce the country’s reliance on. and to add flexibility to. employers’ hiring of foreign
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    • 646 12 NOV 29. 1994 LAST week's sharp correction suffered by the Stock Exchange of Singapore in sympathy with the tumbles in New York, London and in the region provided persuasive argument that a lid has been placed on equity prices for the time being. Yet the
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    • 688 12  -  By Yeong Ah Seng AFTER an official visit to New Zealand. Prime Minister Goh Chok Tong had been taking in the sights the past week, not unlike the 24,000 Singaporean tourists who did so last year. New Zealand has become a
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK


  • MONEY
    • 7127 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Dec 2.1994 ’994 Curr Last Vol Day Gr» Net M Cap WtAvg High Low Company Traded Sale -for* 000 High Low Div P/E Smil Price 720’ 417 5* m t s Acma 50c 454 4 7 454 450 8 8 14 5
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    • 339 17 IT WAS a quiet week for the Singapore market which ended on a weak note. Brokers said investors adopted a cautious stance due to the uncertainty over the direction of US interest rates. The US third quarter GDP figure was revised upwards
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    • 97 17 ST Industrials Index The Straits Times Industrials Indei tel 48.73 points on the week to 2189.02. DAY CLOSE TURNOVER Monday 2237 97 0.22) 62 107m ($184 996m) Tuesday 2232 80 (—5.17) 80 079m ($227 968m) Wednesday 2242 09 (+9 29) *****m ($264 836m) Thursday 2229.35 (-12 74) 65
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    • 367 18  -  By Lee Siew Hua Bangkok Correspondent SINGAPORE and Thailand could combine their strengths in business rather than just compete head-on, the Republic’s Trade and Industry Minister. Mr Yeo Cheow Tong, said here on Thursday. Mr Yeo. who was speaking to reporters after
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    • 3046 18 CORPORATE RESULTS Set t arn M*S Date n n n 1 3 >inpain unn (Mni Mill (eta) (els) \BK Hid»» Vp Id 1 1 l()d 1 36' 2 5 X X WnM Vp 16 1 4» d26 Id 51' 1 0 2h k MSB* Nov 21
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    • 406 18  -  Asia-Pacific Transport and Logistics ’94 Conference By Rav Dhaliwal COMMUNICATIONS and the Environment Minister Mah Bow Tan had a twin message on Monday for potential investors on the development of Singapore into a regional logistics hub. Use Singapore as your AsiaPacific headquarters
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    • 287 18 A NEW course leading to a diploma in logistics will be introduced at the National University of Singapore (NUS) from next year. Mr Karmjit Singh, chairman of the Chartered Institute of Transport (CIT), on Monday said the course is targeted at industry executives
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    • 302 19 BG Yeo: Republics enduring advantage lies in its creative infrastructure BRIG-GEN (NS) George Yeo, Minister for Health and for Information and the Arts, on Thursday said Singapore's one enduring advantage is its creative infrastructure derived from the encounter of cultures in the country.
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    • 546 19 Friday December 2 HKS -h/ASM Pacific 5 50 -0.100 Allied Ind Int'l 0.45 -0.01 Allied Oversea 0 55 -0 04 Asia Sec lot 2 77 unch Bank of EA 31 00 -0 70 C P Pokphand 1 97 0 01 CDL Hotel 3 20 -0 05 Cafe De Coral
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    • 366 19 Manager’s prices for Dec 3 5 Singapore Unit Trust Tht Commerce 1 62—171 The Savings Fund 155-164 S pore Prog Fund 0 60-0 64 S pore Sec Fund 0 96- 1 02 S pore Invest Fund 1 17-1.24 S pore Equity Fund 0 73-0 78»d Credit Lyonnais Int'l
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    • 210 19 DEMAND for gold in Singapore was up 53 per cent in the third quarter of this year, compared with the same period last year. The World Gold Council’s quarterly publication. Gold Demand Trends, reported that local gold demand reached 5.8 tonnes for the
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    • 385 19  -  By Kate Yu Juan A SENIOR Chinese judge has assured Singapore investors that their legal rights and interests in China will be protected under its business laws. Guangdong High Court President Mai Chongkai suggested that the investors engage local lawyers if they had commercial disputes
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    • 390 19  -  By Kalpana Rashiwala HOTELIER S.C. Huang, the former owner of the Orchard Hotel in Singapore, died last Saturday after a long fight with lung cancer. The funeral took place in Perth on Wednesday He was 75 years old. After selling off the Singapore hotel,
      390 words
    • 161 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Setting US dollar I 4487 1.4703 Sterling pound 2 2606 2.3116 Australian dollar 1.1025 1.1349 Canadian dollar 1 0495 1.0731 NZ dollar 0.9036 0.9341 EC unit 1 7896 Singapore dollars to 100 units of foreign currency Austrian
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    • 122 19 Contract data: 2/12/94 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 54 54 64 64 64 44 6/12 94 A$ 6'7 74 84 84 5 6 12 94 NZ$ 84 84 84 84 8 4 64 6/12 94 STG 54
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    • 392 20  -  Credit POSB will also raise housing loan rates By Ann Williams POSBANK raised interest rates on savings accounts by a quarter of a percentage point on Thursday. The new rates are 3 per cent for savings balances of up to $lOO,OOO and 2.25 per
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    • 534 20  -  34% penetration rate likely in two years if growth rate is maintained, says Hsien Yang By Tammy Tan ONE out of every three persons in Singapore will own a pager by the end of two years if the current growth rate is maintained,
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    • 413 20 SINGAPORE Telecom on Nov 25 reported a 14 per cent growth in net profit to $678 million for the half-year ended Sept 30, 1994. The figure was at the lower end of analysts’ expectations. Group turnover was $l.B billion, up 15
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    • 272 20 THE Stock Exchange of Singapore (SES) has cracked down only on “exorbitant” entertainment claims from remisiers and claims which, on scrutiny, turned out not to be entertainment expenses at all. The SES revealed this on Nov 25 to rebut industry rumours that the exchange was
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  • Page 21 Advertisements
    • 690 21 The Straits Times Weekly Edition v V^i NATIONAL UNIVERSITY OF SINGAPORE DEPARTMENT OF MEDICINE Applications arc invited for teaching appointments in the Department of Medicine in the division of Cardiology Candidates should possess an approved basic medical degree with recognised postgraduate qualifications and preferably training in the above subspecialty. The
      690 words

  • Page 22 Advertisements
    • 953 22 MAKE A HIT OF YOUR CAREER IN STYLE PGF International Pty Ltd, a subsidiary of Haw Par Leisure (member of the Haw Par Group), is a progressive and well-established company specialising in the assembling and marketing of the PGF brand of golf equipment in Australia. We are currently seeking suitably
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  • FORUM
    • 335 23 Armchair critics should take note MANY people think that the coming elections for the governorship, and the mayorships of Taipei and Kaoshiung, will be a watershed for Taiwanese politics. Mr Chen Ting-nan, a Democratic Progressive Party candidate for the governorship of Taiwan,
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    • 915 23 Citizens’ participation will lead to sense of belonging I THANK Geraldine Kan “Politics? It takes more than money” (ST Weekly Edition. Nov 19) for adeptly portraying the feelings prevalent among many of us. It is disconcerting that Ms Kan’s young friends saw
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    • 151 23 DR CHEE Soon Juan (see letter below) acknowledged that ministers should be paid well. But unlike Mr Chiam See Tong, he evaded saying what they should be paid. He has also failed to name who the Singapore Democratic Party (SDP) ministers will be. These
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    • 675 23 MR TANG Guan Seng has written a letter (ST Weekly Edition, Nov 26). The next thing for him to do is to make sense. Let me first clarify his comments about Mr Chiam See Tong. It is on
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  • 496 24 Shun cheap labour, go modem, says minister LABOUR Minister Lee Bonn Yang on Thursday told contractors to stop reiving on cheap, unskilled workers and start exploring ways to build more efficiently and use manpower more effectively. Speaking to Singapore contractors two days
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  • 542 24  -  By M. Nirmala THE wind rip{>ed through Julian Lim's wet T-shirt as he zoomed down from a rope attached to the pinnacle of a sev-en-storey-high tower. Said the wide-eyed 11-year-old from Nanyang Primary School: “I had just finished canoeing and I was soaking wet.
    Picture by MALCOLM MCLEOD.  -  542 words
  • 490 24 A RETIRED police officer who rejoined the force was killed by an axe-wielding man during a routine spot-check along Newton Road early on Wednesday. Senior Staff Sergeant 800 Tiang Huat, 47. a father of three, died instantly after being struck at the back
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