The Straits Times : Weekly Overseas Edition, 4 February 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, FEBRUARY 4, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 081/08/94
    20 words
  • 746 1  -  Everyone would have a go if no penalties By Irene Ng SENIOR Minister Lee Kuan Yew said he was glad Prime Minister Goh Chok Tong reacted to Dr Catherine Lim's article. "Everybody now knows that if you take on the PM, he
    746 words
  • 584 1  -  By Irene Ngoo in Geneva SINGAPORE has won full backing from the international trading community to host the World Trade Organisation’s first ministerial conference next year. The unanimous endorsement was given by 76 WTO countries at their first general council meeting here on
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  • 226 1  -  By Narendra Aggarwal SINGAPORE secured a record $5.8 billion worth of manufacturing investment commitments last year, dispelling fears that it was losing its attractiveness as an investment centre due to rising costs. Last year’s thumping approval for the Republic from the world’s leading
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  • Page 1 Advertisements

  • NEWS FOCUS
    • 707 2  -  Compulsory course to help first-year arts students adapt to campus By M. Nirmala HOW to think, speak and write is being taught to students at the National University of Singapore. These skills are included in a compulsory course, packaged to help
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    • 156 2 MORE than 7,000 people were retrenched last year, about 1,000 more than in 1993. But over 46,000 jobs were created in the first nine months of last year, and this softened the effects of retrenchment, said NTUC News Weekly. NTUC
      156 words
    • 605 2  -  Woman challenging late husband’s bequest to NKF By Tan Hsueh Yun A DOUBLE-STOREY corner terrace house in Upper Serangoon is in the centre of a legal dispute between the widow of a businessman and the National Kidney Foundation. On his deathbed, the
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    • 804 3  -  Senior Minister Lee Kuan Yew’s interview with The New Paper Reports by Irene Ng YOU have no right to set the out-of-bounds markers if you are not elected by the people. “You want to move the OB markers, then you come out (into
      804 words
    • Article, Illustration
      102 3 "Now if the Government was wrong, it would have been demolished a long time ago. Somebody would have pointed out the weakness in our policy and the Government would be laughed at. It will have to change policy or it will be voted out. "Supposing we are
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    • 141 3 "Some people now want the Government to keep the prices of even private property down. How do we do that? By releasing more land? All right, we release the land, but do the developers start building? Because if they overbuild, the prices will go down...” "If you
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    • 472 3 Singaporeans’ respect for its leaders must be preserved SM Lee FOR Singapore to be governed effectively, the respect which people have for its leaders must be preserved, said Senior Minister Lee Kuan Yew. Once that respect is lost, “you can stumble along from day to day and pretend that it’s
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  • HOME
    • 503 4  -  By Liang Hwee Ting NUS undergraduates who miss a lecture or tutorial will be able to catch it later on video. The National University of Singapore is installing Video-on-Demand (VOD) on campus which will allow students to call up
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    • 102 4 THE Government has appointed Mr Gopinath Pillai (above) as Singapore's High Commissioner to Pakistan. Mr Pillai, who is also the Roving Ambassador to Iran, will reside in Singapore. He presented his credentials to the Pakistani government on Monday, said a ministry spokesman. The 57-year-old father of
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    • 468 4  -  By Brendan Pereira NEARLY 200 cases have been settled without trial and more than $500,000 in legal fees saved since settlement conferences were started in the Subordinate Courts last June. Pleased with the results, some lawyers are now writing to the courts
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    • 396 4  -  By Rav Dhaliwal THE "volcano” on Sentosa Island rumbled and spewed smoke into the sky, days before it opened to the public for the Lunar New Year. Volcano Land, the ambitious $2O-million project which boasts special effects such as snow and lava ash raining on
      – Picture by ALBERT SIM.  -  396 words
    • 441 5  -  By Ong Sor Fern TAKE a good look. These are 15 of the 16 finalists who have been chosen from a field of 270 women to compete in the Miss Singapore pageant later this month. This year’s beauties are a mixed bunch, including students and professionals.
      441 words
    • 350 5  -  By Elena Chong HAUNTED by guilt for five years, a man finally gave himself up for stealing $2,700 using a blank cheque that he had picked up. Storekeeper Mohamed Yazid Mohamed Nor, 30, had picked up a pre-signed blank cheque along Orchard Road
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    • 483 5  -  By Wong Hiew Peng CONFIDENCE tricksters struck an average of twice a month the past year, cheating people of about $40,000 with their offer of cures with magical objects. The 29 victims were mainly Malays above 40 years old while the
      483 words
    • 546 6  - Go-ahead for Europe-Asia summit PM Goh By Warren Fernandez in Davos PRIME Minister Goh Chok Tong said last Sunday that response to his proposal for a Europe-Asia summit was positive and officials would now go to work to get the idea off the ground. The next step was for Asean
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    • 335 6  -  Support significant as it is likely to be major player By Han Fook Kwang in Davos CHINA supports the proposal to hold a Europe-Asia summit among leaders of the two regions. Chinese Vice-Premier Zhu Rongji expressed a “positive attitude towards the idea” when Mr Goh Chok
      Reuter picture.  -  335 words
    • Article, Illustration
      263 6 100-YEAR-OLD TREE A JELUTONG tree aged more than 100 years was spared the chainsaw when the project owners of Volcano Land, Sentosa’s newest theme park, found out it was the nesting place of a pair of hornbills. The huge tree, which is on the edge of the site, was
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    • 283 6  -  By Ahmad Osman WOMEN who want to go back to work and they make up about 10 per cent of the 300,000 economically inactive women in Singapore will be the target of a special drive this year. A committee made up of officials
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    • 489 7  -  By Tan Hsueh Yun SINGAPOREANS will have a new hobby soon park hopping, thanks to the Park Connector Network. In five years’ time, the network will enable people to cycle or jog from Upper Thomson to Pasir Ris Park, said Mr
      489 words
    • 193 7 INVENTORS can apply for a patent in Singapore at the Registry of Trademarks and Patents when the Patents Bill comes into force from Feb 23. Under the new system, a person wishing to register a patent here no longer has to
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    • 657 8  -  Most who do this have girls and want a boy By Brendan Pereira SOME Singaporean couples are aborting pregnancies because the foetus is the “wrong" sex. Gynaecologists interviewed by The Straits Times said that most of these couples already have girls and want their
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    • 302 8 THE skeletal remains of Catholic High School student Ang Choon Foong have been found in Johor, over three months after he was kidnapped by a gang. Johor police made the discovery after searching through the Taman Perling housing estate in Johor Baru last
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    • 204 8 MATERIALISM and spirituality can exist side by side in an economically successful society such as Singapore, said Information and the Arts Minister George Yeo. Brigadier-General (NS) Yeo, who is also the Health Minister, said this at a fundraising dinner at the Westin Stamford hotel
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  • Page 7 Advertisements
    • 197 7 Home Delivery Weekly! The Straits Times WEEKLY EDITION LhaStiu, ess Sg^^QUse mm SUSt-iT s3m3Sii&* s* ies SSmSSSS* WM ml ?*r*=: 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
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  • Page 8 Miscellaneous
    • 1245 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M BAND) MONDAY 1100 News in Brief/Weather Forecast (Asia Pacific) 1105 Frontiers 1120 Business Market Report 1130 Full News 1138 The Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 E Z Beat 1220
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  • SPORTS
    • 381 9 Letter on weeding out match-fixing sent to FAM THE Football Association of Singapore has rejected allegations that it has not done enough to stamp out corruption in the sport. In a statement issued on Thursday, the FAS said that
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    • 911 9  -  For the sake of good relations, FAM must stop inviting Singapore for league SOCCER COMMENT By Godfrey Robert IRONICAL it may seem, but the best move for maintaining good soccer relations between Singapore and Malaysia is for the Lions to opt out of the
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    • 352 9 Bernama. KUALA LUMPUR The Football Association of Singapore, which is seeking to meet Football Association of Malaysia deputy president Tengku Abdullah Sultan Haji Ahmad Shah, will only know after Wednesday whether or not the meeting will be held. This is because Tengku Abdullah left for Mecca
      Bernama.  -  352 words
    • 214 9 THE Football Association of Singapore’s move to have talks with its Malaysian counterparts over its continued participation in the Premier League is a positive move, says FA of Malaysia vice-president Datuk Bakar Daud. Bakar, who welcomed the latest developments, was reported to have said in
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    • 196 9 ALOR STAR Saying it was time to act, not talk, Kedah FA deputy president Datuk Ahmad Basri Akil is solidly against the FA of Singapore’s call for a meeting with its Malaysian counterpart to thrash out differences. In a New Straits Times report on
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  • MALAYSIA
    • 497 10 Bernama. KUALA LUMPUR The federal government was strengthening Islamic administration in the country and striving to introduce uniformity to it in the various states. Prime Minister Datuk Seri Dr Mahathir Mohamad said last Friday. He said the government was unabie to
      – Bernama.  -  497 words
    • 84 10 FIVE friends cheated death when their Proton Saga broke into two after it crashed into a tree along the Cheras Highway in Kuala Lumpur last Saturday. They escaped with minor injuries. Police said the midnight accident left a 23-year-old Telekom worker,
      The Star picture.  -  84 words
    • 392 10 Top defence role not for air and navy chief yet NST. KUALA LUMPUR Malaysia's outgoing Chief of Defence Forces (CDF). General Tan Sri Borhan, said that it was not time yet for the air force or navy chief to hold the country’s No. 1 military post. In an interview with
      NST.  -  392 words
    • 195 10 days earlier. AP, Bernama. AP, KUALA LUMPUR A 57-year-old Austrian tourist was shot dead early last Friday in a struggle with a group of assailants in his hotel room, police said. Mr Zakaria Mohamad, an officer in the police Criminal
      days earlier. AP, Bernama.; AP,  -  195 words
    • 434 10 Bernama. KUALA LUMPUR The Election Act 1958 will be amended to plug loopholes in voter registration and cancellation, according to Prime Minister Datuk Seri Dr Mahathir Mohamad. He said that the Act, in its present form, was “a bit strange” because
      Bernama.  -  434 words

  • ASEAN
    • 523 11  -  Cheow Tong’s visit helps to dispel ‘wrong impressions’ of law-and-order problem By Nirmal Ghosh Manila Correspondent AT THE close of Minister for Trade and Industry Yeo Cheow Tong’s visit to the Philippines last Friday, it was clear that Singaporean business circles were warming to
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    • 523 11  -  By Sinfah Tunsarawuth in Bangkok THAI Foreign Minister Thaksin Shinawatra’s resignation, announced on Tuesday, is likely to deter non-MP businessmen who held monopolistic government concessions from joining the Cabinet. His departure, effective Feb 11 after only three months in office is also likely to slow down
      AFP picture.  -  523 words
    • 341 11 AFP. Reuter. JAKARTA The commander of the Indonesian navy’s eastern region, Rear-Admiral Gofar Suwarno, said that he needed between 400 and 500 warships in order to maintain security in his area, the Antara news agency reported on Wednesday. The eastern
      AFP.; Reuter.  -  341 words
    • 148 11  -  By Kalimullah Hassan in Kuala Lumpur MALAYSIA and Thailand have expressed confidence that the territorial dispute at their joint border in Padang Besar could be resolved by the end of this year. Speaking at a joint news conference after the Malay-sia-Thailand Joint Commission
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  • COMMENT / Pick of the week’s editorials
    • 637 12 FEB 3, 1995 IN THE case of the World Trade Organisation’s first ministerial conference. Singapore’s victory is a gain for the emerging multilateral trading system. Sceptics might argue that once the WTO had come into being, it had to have a ministerial conference which, likewise, had
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    • 636 12 FEB 2. 1995 PRIME Minister Goh Chok Tong’s announcement at the World Economic Forum’s meeting in Davos that the first summit of European and Asian leaders was possible in 10 to 16 months was a reassuring one. As he had noted at a conference organised by
      636 words
    • 643 12 JAN 31,1994 LUNAR New Year festivities may not be as old as time but they are both old enough and enduring enough to be relevant even to those of Chinese descent who now live in developed Western countries and know little about the agrarian society from whence
      643 words
    • 1081 12  -  By Chua Mui Hoong SOME call it a clash of cultures. They see in the Christopher Lingle controversy a case of an academic from a nation which champions free speech getting into a scrape because what he wrote had offended
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  • COMMENT / ANALYSIS
    • 1187 13  - A time of new growth and fresh beginnings with some good luck By P. Lim Pui Huen AT THIS time of the year, Singapore, like other cities where there is a substantial Chinese population, takes on a distinctly reddish hue. Streets, buildings, offices and shops are decorated with banners, placards,
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    • 866 13  -  By Tan Sai Siong IF THERE is one way to encourage people to watch less television, poor programming is surely a strong contender to be that turn-off. In Singapore, however, viewers do not need to depend only on what Television Corporation of
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2088 14 At the end of the International Herald Tribune-Lingle case, Justice Goh Joon Seng quoting an English judge, said: ‘Judges and courts are alike open to criticism, and if reasonable argument or expostulation is offered against any judicial act as contrary to
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    • 1290 15 Grassroots leaders understand national issues better than the intelligentsia and yet they are seen as having failed to argue the case for the people, said labour chief Lim Boon Heng in a recent speech. Is this true? If so, what led
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    • 1032 15  -  THINKING ALOUD Chua Huck Cheng THIS is Chinese New Year week, but the Year of the Pig began last Friday night for a great many Singaporeans with Malaysian connections as well as the large number of Malaysians working in this global city. This
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  • MONEY
    • 6854 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Feb 3.1995 1994/95 Curr Latt Vol Day Gr's Net M CapWt Avg High Low Company Traded Sale -t-or-000 High Low Oiv P/E $mil Price *****8 mt s Acma 50c 450 8 96 460 446 8.8 14 4 620.3 433 547 267" t
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    • 272 17  -  GOH SOO MAY. IT WAS a short but good week for investors on the local stock market. The key market index continued where it left off the previous week, gaining steadily as investors saw value in blue chips which had been beaten to
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    • 72 17 ST Industrials Index The Straits Times Industrials Index rose 75.24 points on the week to 2110.24. DAY Monday Tuesday Wednesday Thursday Friday CLOSE 2083.36 (+48.36) Closed Closed 2100.93 17.57) 2110.24 (+9.31) TURNOVER 141.93m ($229 690m) 209.92m ($329 739m) 203 90m ($466 714m) BT--MGA Index The BT-MGA Index rose
      72 words
    • 278 18 THE first factory outside Japan and the United States to produce controls for industrial robots on automated production lines has been set up in Singapore. Fanuc GE Automation’s $7 million plant can make 30,000 programmable logic controllers a year, the bulk of which are
      278 words
    • 2664 18 CORPORATE RESULTS Net F arn EPS Dale IS l.\ n 1 A 1 C onipanx ann Om) (Snt) lets) (els) VBK Hldgs Sep I 1 1 1.104 1 365 2.5 3.3 Aetna Sep 16 1 48 426 14.517 71 0 2K.6 MSB’ Nox 21 1* 3.0S7L
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    • 288 18 SINGAPORE Telecom plans to invest $94 million in a new billion-dollar British-based company that will offer mobile phone services worldwide at reasonable cost. Customers using it will be able to make phone calls to any spot around the world through mobile phone
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    • 162 18 MR PHILIP Yeo has been reappointed chairman of the Economic Development Board for two years from Feb 1, the EDB announced. He has been its chairman since 1986. National University of Singapore vice-chancellor Professor Lim Pin has been appointed vice-chairman. The board has also
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    • 186 19 NEW investment commitments in Singapore last year saw increases across the entire manufacturing sector, but the chemical industry for the third consecutive year came out tops in terms of investment commitments in fixed assets. In the year ahead, investment levels in all
      186 words
    • 444 19 Friday February 3 HKS ASM Pacific 3.98 0.025 Allied Ind Int'l 0.35 0.01 Allied Oversea 0 46 -0 02 Asia Sec Int 2.77 unch Bank of EA 23.25 -0.45 C P. Pokphand 1.69 -0.01 CDL Hotel 3.15 unch Cafe De Coral 1.90 unch Cath Pac Air 10.65 0.30 Century
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    • 349 19 Manager's prices for Feb 4 6 Singapore Unit Trust The Commerce 159-1.6? The Savings Fund 1.50-159 S pore Prog Fund 0 57-0.61 S'pore Sec Fund 0.93-0 99 S pore Invest Fund 1.12-1,19 S pore Equity Fund 0.70-0 74 Credit Lyonnais Int'l Asset Mgt Cl Asia Pac Gr Fund
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    • 543 19  -  By Ann Williams PRIVATE property prices cooled in the fourth quarter of last year. The latest official index, released last Friday, shows a 2.3- cent rise in prices for October-December last year down sharply from the 11.6-per cent increase in the previous
      Timesgraphics; Source: URA  -  543 words
    • 197 19 APPLE Computer will be organising its first technology conference in Singapore for Asian software developers in the region. During the two-day conference, which will start on March 28 at the Pan Pacific Hotel, Apple plans to share its future technology directions with software developers
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    • 143 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.4416 1.4570 Sterling pound 2.2601 2.3119 Australian dollar 1.0808 1.1127 Canadian dollar 1.0187 1.0415 NZ dollar 0.9104 0.9410 EC unit 1.8185 Singapore dollars to 100 units of foreign currency Austrian schilling 13.2513 13.8287 Belgian
      143 words
    • 120 19 Contract date: 3/2/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 54 5 Ai 6'4 6'4 6' 2 43* 7/2/95 AS 7 7'4 8 8*/» 83/4 5'4 7/2/95 NZ$ 7'* 8'« 84 8 s 83/« 6' 8/2/95 STG 5'» 6'«
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    • 535 20  -  They target China, India, Sri Lanka, even closed markets like Seoul By Robert Ng SINGAPORE stockbroking firms are increasingly making their presence felt in the Asia-Pacific with the acquisition of regional broking seats and by making inroads into non-traditional markets as well. China. India. Sri
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    • 289 20 SINGAPORE Technologies Holdings (STH), the Government’s defence-related group, yesterday announced a reshuffle of top posts in two of its listed member companies. Rear Admiral James Leo, former Navy Chief and top executive at Port of Singapore Authority, will be the executive chairman of listed Singapore Shipbuilding
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    • 433 20 THE Singapore Technologies group is investing US$l5O million (Ss2l9 million) over the next five years in a new test laboratory for semiconductor chips. Chartered Semiconductor Manufacturing’s (CSM) president. Mr Tan Bock Seng, revealed this last Thursday. He added that ST Assembly and Test Services, the
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  • Page 21 Advertisements
    • 578 21 SINGAPORE PETROLEUM the only public listed oil company in Singapore is engaged in oil refining, marketing and distribution, termmailing, trading and tanker transportation. To achieve its mission as a leading oil company in the Asia-Pacific region by the end of the decade, SPC has embarked on an aggressive expansion and
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  • Page 22 Advertisements
    • 916 22 Another Result Of Nonstop Quality. At National Semiconductor, our achievements give you nonstop reasons to celebrate. These include a good working environment, challenging work, good promotion prospects, and an excellent salary and benefits package. We are looking to appoint talented and career-minded professionals for the following positions: PROCESS ENGINEERS I
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  • FORUM
    • 945 23 IN THE article “Japan shaken but unmoved" (ST, Jan 23), the writer brought up a comparison between the Japan earthquake on Jan 17 and the Los Angeles earthquake a year ago, “nearly to the day”. He wrote: “When an earthquake of similar magnitude struck Los
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    • 275 23 SINGAPORE Airlines will be introducing the Lunar New Year delicacy, yu sheng, to its first-class passengers as reported in "Raw fish to fly first class” (ST, Jan 26). However, this may not go down well with those who attach importance to the tradition
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    • 299 23 THE majority of Singaporeans send their children to kindergarten. Such preschool education has not been compulsory nor subsidised although there are kindergartens sponsored by private foundations and there are subsidies for working mothers with children in child-care centres (which offer pre-school packages). Nevertheless,
      299 words
    • 266 23 I WAS dismayed by the Chief Justice’s proposal (The Sunday Times, Jan 8) that in capital cases, the trial, appeal, petition for clemency and execution be concluded within 18 months. This creates the alarming impression that time and cost take precedence
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  • 516 24 SINGAPOREANS must manage the external influences which the country is exposed to so that they absorb the good and filter out the undesirable, Mr Goh Chok Tong said in his Lunar New Year message on Sunday. ‘‘By striking the right balance between tradition and
    516 words
  • 326 24 RAIN clouds cleared after a sudden downpour and the crowds at the Istana surged forward to engulf President Ong Teng Cheong and the First Lady on Wednesday evening. Hands shot out through the thick swell to reach Mr Ong, who was wearing a red orchid
    Picture by SIMON THONG.  -  326 words
  • 576 24 THE Government aims to integrate the different communities in Singapore into one society, so that they share certain common values and basic loyalties with each other, Deputy Prime Minister Lee Hsien Loong said last Saturday. But, he said, it
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