The Straits Times : Weekly Overseas Edition, 11 February 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, FEBRUARY 11, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/94
    20 words
  • 713 1  -  Region’s transformation will reduce Western clout By Chiang Yin Pheng SINGAPORE is not fighting a losing battle in resisting the Western media’s attempts to impose their will and values, said Mr Lee Kuan Yew last night. The heavy influence the West wields now,
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  • 164 1 IT WAS a wet Chingay parade last Saturday night, but hundreds of drenched performers, like these students, kept their chins up and smiled through it all. “All I can say is, bravo!” said student Ji Wan Qing, 17, praising the performers for braving the rain.
    – Picture by GEORGE GASCON.  -  164 words
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  • HOME
    • Senior Minister Lee Kuan Yew’s interview with The New Paper
      • 646 4  -  Reports by Irene Ng THE Government should consider tackling the problem of children spending too much time watching television, said Senior Minister Lee Kuan Yew. The television culture was a serious problem, he told The New Paper. “We ought to consider
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      • 216 4 CHILDREN should be taught at home to understand that in the real world, nothing was for free, said Senior Minister Lee Kuan Yew. They should understand the need for quid pro quo. He believed that parents would be doing their children more good by
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      • 441 4 IF HE were in trouble, he knew he could count on his siblings, said the Senior Minister. This was because of the bond developed as they grew up together. “If you don’t have that bonding, the emotional ties will not be there,” he
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    • Written judgment on IHT-Lingle contempt of court case
      • 1162 5  -  Offending passage ‘clearly referred to S’pore judiciary’ Reports by Zuraidah Ibrahim, Chua Mui Hoong and Chung Tsung Mien HIGH Court Judge Goh Joon Seng on Tuesday released his written judgment on why he had found American academic Christopher Lingle and four other parties guilty
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      • 430 5 HIGH COURT judge Goh Joon Seng said he slapped a $lO,OOO fine on American academic Christopher Lingle for showing no contrition after writing an article that scandalised the Singapore courts. In his written judgment giving the grounds for his oral verdict
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      • 373 5 He has ‘529,200 in govt pension account’ here AMERICAN academic Christopher Lingle will not be able to remove his assets in Singapore until he has paid his $lO,OOO fine and his share of the cost of court proceedings, said Deputy Senior State
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    • 519 6  -  Second link promises less hassle for travellers By Leong Chan Teik ON A kidney-shaped piece of land being reclaimed off Tuas, a double-deck checkpoint will be built for Singapore’s second road link with Johor. The checkpoint’s capacity will be a big increase over the existing gateway
      THll|r»Hn/LEE CHg CHEW  -  519 words
    • 341 6 AN UNEMPLOYED man was fined $2.6 million last Friday for transporting contraband cigarettes on which duty and GST had not been paid. A lorry used to transport the 5.890 cartons of cigarettes and the goods were forfeited. Tan Sau Hwa, 31. admitted transporting the
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    • 535 6  -  Inactive cases reviewed to ensure every action reaches conclusion By Brendan Pereira THE High Court is acting to stop the practice of taking out law suits and failing to act on them. Nearly a quarter of the 12,800
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    • 572 7 A DRUG abuser used a paper cutter to slit the throat of an 80-year-old woman outside a lift during a robbery last year. He slit his victim’s throat so deeply that her jugular veins, wind-pipe, gullet and mid-cervical spinal cord were cut
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    • 381 7 THE father of the Singapore Zoological Gardens, Dr Ong Swee Law, who had been battling cancer, died last Saturday night. Dr Ong, 75, the executive chairman of the zoo, died at 8 pm at his home in Chee Hoon Avenue.
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    • 550 8  -  They can cultivate land in return for share of the profits By Dawn Tan A DOCTOR who owns a piece of land in Malaysia as big as 10 football fields is offering to let the relocated farmers from Lorong Gambas live
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    • 183 8 A WOMAN accused of ill-treating her maid was acquitted last Friday after the Filipina maid withdrew her private summons. No further charges based on the same facts can be brought against her in the future. Both parties spent most of last
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  • Page 7 Advertisements
    • 185 7 Home Delivery Weekly! The Straits Times Mil WEEKIYiOfnON S^.-v ««as*» A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executive appointments... And highlights on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be. Every week. Subscribe now. And be
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  • Page 8 Miscellaneous
    • 1250 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3IM 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
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  • SPORTS
    • 456 9  -  Teenage star hopes to test the waters Down Under next month By Shirlynn Ho-Pereira TEENAGER Sng Ju Wei is feeling the pressure. The 14-year-old swimmer hailed as the successor to former freestyle champion Ang Peng Siong hopes to go to Australia to study and
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    • 643 9  -  By Joe Dorai THE Football Association of Singapore has budgeted close to $700,000 to prepare the Singapore national team and several of its youth squads for six major competitions this year. But of the six targeted tournaments, the FAS’ top priority is
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    • 1089 9  -  M-LEAGUE PARTICIPATION DEBATE SOCCER COMMENT By Azman Ujang Bernama. KUALA LUMPUR The Football Association of Malaysia appears to be painting the town red over the arrests of footballers in the massive police crackdown against bribery, which has put the future of Malaysia’s No. 1
      Bernama.  -  1,089 words

  • MALAYSIA
    • 119 10 Bernama. TEMERLOH Bomoh couple Mo* hamed Affandi Abdul Rahman and Maznah Ismail alias Mona Fandey and their assistant, Juraimi Husin, were sentenced to death by the High Court here on Thursday for the murder of former Batu Talam State As- semblyman Datuk Mazlan
      Bernama.  -  119 words
    • 609 10 TEMERLOH Bomoh couple Mohamed Affandi Abdul Rahman and Maznah Ismail alias Mona Fandey, who regarded themselves as “the most popular couple in Kuala Lumpur”, murdered an Umno politician for his money and property, Deputy Public Prosecutor Zakaria Sam said on Thursdsay. He said that
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    • 591 10  -  Ex-deputy PM to help in Umno’s election campaign By Kalimullah Hassan in Kuala Lumpur AFTER 16 months of frosty relations, Prime Minister Datuk Seri Dr Mahathir Mohamad and his ex-deputy Ghafar Baba have mended fences ahead of a general election due by
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    • 272 10 KUALA LUMPUR Malaysia’s Health Ministry is considering a law making every citizen an organ donor upon his or her death unless a declaration has been made stating otherwise, said Datuk Lee Kim Sai. The Star newspaper on Wednesday quoted the Health Minister as
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    • 440 10 NST. TELUK INTAN (Perak) Malaysian Deputy Home Minister Datuk Megat Junid Megat Ayub said the Film Censorship Board would not entertain any appeal from television stations to be lenient when reviewing programmes depicting too much sex and violence Speaking
      – NST.  -  440 words

  • ASEAN
    • 508 11  -  Call made at presentation of credentials to King By Lee Siew Hua Bangkok Correspondent SINGAPORE’S new ambassador to Thailand, Mr Wong Kwok Pun, expressed hope on Thursday that the two countries would intensify economic links. In a short, warm speech, made when
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    • 334 11 AFP, Bernama. JAKARTA Up to half of the 150,000 people who graduate from Indonesian universities each year could not find work, Manpower Minister Abdul Latief said on Thursday. Just about 40 to 50 per cent were absorbed by the job market, he
      – AFP,; Bernama.  -  334 words
    • 188 11 MANILA Vietnam was expected to join Asean as a full member in July, Philippine Foreign Secretary Roberto Romulo said on Sunday. "That will happen in July before the Asean ministerial meeting in Brunei,” he said after talks with visiting
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    • 444 11  -  Sensationalism to boost circulation could work against national interest, he warns By Simon Sinaga in Jakarta PRESIDENT Suharto used the opportunity of celebrations marking National Press Day on Thursday to remind the Indonesian media of the responsibility it shared with all other groups in
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    • 416 11  -  Official defends decision of party to remove outspoken MP By Paul Jacob Jakarta Correspondent THE executive board of the ruling Golkar has put members on notice that they could face being recalled from Parliament for conduct unbecoming of an MP and for deviating
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  • COMMENT / Pick of the week’s editorials
    • 679 12 FEB 11, 1995 THERE was always a niggling suspicion, when North Korea agreed with the United States last October on a plan to freeze its nuclear programme, that the Americans had not seen the end of the bargaining. Or that implementation of the time-table was not
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    • 638 12 FEB 8, 1995 THE spectre of the Sino-Ameri-can trade dispute, over the protection of intellectual property rights, escalating into a trade war has aroused worldwide alarm. It should. An all-out trade war between the two economic giants will not only hurt both annual trade between them
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    • 659 12 FEB 6, 1995 SINGAPOREANS who are financially more conservative might have wondered what took the Government so long to move to cool the increasingly evident taste for debt among the younger generation a taste encouraged by lenders eager to expand market share and by the lowest
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    • 957 12  -  By Cherian George REPORTS rate Singapore as having the best performing economy in the region. The statistics show that practically the whole society has benefited from high growth. And the Government says Singaporeans have every reason to be happy.
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  • COMMENT/ANALYSIS
    • 1284 13 The economic transformation of East Asia will lead to a reaffirmation of Asian culture, Asian tradition and Asian values. This was the theme of the speech by Senior Minister Lee Kuan Yew at the Tanjong Pagar GRC Lunar New Year dinner on Sunday.
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    • 797 13  -  By Sonny Yap WELCOME to the technochronic Snivelisation. Digital diffusion poised to become a serious threat in the music industry. Decision support through parallelism. Warp speed ahead for OS/2 3.0. If you can fathom these recent Straits Times headlines right away,
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1767 14 Warren Fernandez, who covered the recently-concluded World Economic Forum in Davos, Switzerland, reports on what great ideas stirred participants of the six-day brainstorming session. Financial markets in Mexico were sent reeling recently after a newspaper reported that the country, whose
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    • 1076 15 THE INSIGHT INTERVIEW In his Lunar New Year message, Prime Minister Goh Chok Tong called for Singaporeans to be rooted securely by their heritage without being imprisoned bv the past. CHIANG YIN PHENG spoke to Chinese clan elder Seng Lup Chew
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    • 1001 15  -  THINKING ALOUD Asad Latif WHEN I read yet another critique of materialism in Singapore. I am reminded of the wit who acknowledged readily enough that money cannot buy happiness, but asked: "What can?” The sting lies in the word “buy", of
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  • MONEY
    • 6975 16 INDUSTRIAL AND COMMERCIAL Transaction Data: Fab 10.1995 1994/95 Curr Laat Vol Day Qr’a Nat M CapWtAvg Nigh Low Company Traded Sale -for'000 High Low Div P/E $mil Price 720* 388 m t s Acma 50c 438 *6 112 442 438 88 14.0 603 8 439 547* 267*
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    • 290 17 THE week belonged to Malaysian shares traded over-the-counter on Clob International, which accounted for nearly 70 per cent the week’s volume. Renewed interest from retail investors resulted in strong demand for secondliners. Interest in blue chips was subdued as institutional investors stayed on
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    • 91 17 ST Industrials Index The Straits Times Industrials Index tel 36 19 points on the week to 2074.05. DAY CLOSE TURNOVER Monday 2124 89 14.65) 247 85m ($639 429m) Tuesday *****0 (—609) 240 19m ($603 226m) Wednesday 2091.62 (-27.18) 172 92m ($422.126m) Thursday 2085 01 (—661) 366 48m ($704
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    • 223 18 BUSINESSES in the commerce and services sector generally expect overall business to improve in first half of this year compared with the second half of 1994 with two exceptions: retailers and real estate firms. These findings were released by the Department of Statistics
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    • 722 18  -  Hewlett Packard MD Alex Chan named new CEO By Gerry de Silva MR Alan Yeo, who saw off a bitter challenge to his position in Yeo Hiap Seng Ltd from relatives last year, has stepped down as chairman of the listed
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    • 2458 18 CORPORATE RESULTS ompaity Date *nn Net Lam IY LY (Sm) (Sm) lps TV LY (CIS) (CIS) ABK Hldgs Sep 14 1 1 109 1.365 2.5 3.3 Aetna Sep 16 1 48 926 ***** 7l 0 28 6 MSB* Nov 21 1* 3.0J7L 2.045 204 Alex Hides
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    • 142 18 DBS Bank’s branch in Labuan in East Malaysia started operations from Wednesday as a licensed offshore bank. The bank’s principal activities are corporate finance, project finance, trade finance, foreign currency deposit-taking and foreign exchange. On the opening of the new branch, DBS Bank executive vicepresident
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    • 246 19 NST. MALACCA The Malacca state government plans to send five trade missions abroad this year, including one to Singapore next month, to enhance the development of its high-technology and heavy industries. Chief Minister Datuk Mohd Zin Abdul Ghani said the first trade delegation will
      – NST.  -  246 words
    • 435 19 Friday February 10 HKS ASM Pacific 3.88 0.075 Allied Ind Int'l 0.39 -0.02 Allied Oversea 0.53 -0.04 Asia Sec Int 2.77 unch Bank of EA 25.50 unch C P Pokphand 1.82 0.05 CDL Hotel 3.10 unch Cafe De Coral 2.08 0.03 Cath Pac Air 11 80 0.10 Century City
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    • 347 19 Manager’s prices for Feb 11 13 Singapore Unit Trust The Commerce 1.59-168 The Savings Fund 151-160 Spore Prog Fund 0.57—0 61 S pore Sec Fund 094-1 00 S pore Invest Fund 111—1.18 S pore Equity Fund 0 71—0 75 Credit Lyonnais Int'l Asset Mgt Cl AsiaPac Gr Fund
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    • 406 19 High-rise apartments took most of the decline: Iras FURTHER evidence that the residential property market has softened came in the form of rents of private housing units easing 2.6 per cent in the third quarter of 1994 over the second quarter, according
      Timesgraphics; Source: IRAS  -  406 words
    • 315 19 BRIG-GEN (NS) Boey Tak Hap has been promoted as chief executive and board member of the Public Utilities Board with effect from tomorrow, the PUB announced on Monday. BG Boey, deputy chief executive at the PUB since September 1990, will replace Mr Lee
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    • 145 19 COUNTER RATES Singapore dollar» to one unit ot foreign currency Buying 00 SeWnf US dollar 1.4431 1.4585 Sterling pound 2.2287 2.2799 Australian dollar 1.0591 1.0903 Canadian dollar 1.0235 1.0465 NZ dollar 0.9002 0.9306 EC unit 1.8086 Singapore dollar» to 100 of foreign currency unit» Austrian schilling 13.1787 13.7527 Belgian
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    • 143 19 Contract data: 10/2/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE OATE us$ 5'i 5 Vi 6 6 '/4 6 3/ 4’, 14/2/95 A$ 7>'« 7H 8'i 8H 8». 5 Vi 14/2/95 NZJ 7 ’/4 8V« 8 3 8 Vi 8 5
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    • 547 20  -  16 banks now allowed to tap Enhanced Investment Scheme funds By Chan Sue Meng TWO more foreign banks Maybank Singapore and Sakura Bank have been granted Central Provident Fund Board approval to accept fixed deposits from members. This brings to
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    • 477 20  -  By Ann Williams ABOUT six in 10 credit cardholders in Singapore hold at least two cards, with nearly one-third owning three or more. The multiple cardholder is likely to have applied for another card not only for the convenience of wider acceptability
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    • 553 20  -  By Tammy Tan TECHNOLOGY heavyweights like Seagate, Hewlett-Packard and Goldtron have over the past few years been increasing their recruitment activities overseas because of the short supply of skilled labour in Singapore. In some cases, notably that of Sesdaq-listed Goldtron, well over half
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    • 337 20  -  By Robert Ng UNITED STATES investment powerhouse, Lehman Brothers, is expanding its operations here despite laying off up to 10 per cent of its staff in New York. It joins another Americanbased financial company, Morgan Stanley, as the only two
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  • Page 21 Advertisements
    • 842 21 The Straits Times Weekly Edition %> m vX;:? K Singapore Telecom International A Challenging Career Awaits You At Singapore Telecom International $1». I JL Mb I Specialist computer staff recruitment consultants i 4 OF INFORMATION TECHNOLOGY RESOURCES PTE LTD i>V-, Our client, Ericsson is a market leader in the supply
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  • Page 22 Advertisements
    • 1447 22 Honeywell Honeywell is a multinational organization with main business activities in Space Aviation, Home Building Control and Industrial Automation Control systems. Part of the Honeywell group ot companies is Honeywell Safety Management Systems Pte. Ltd. Based in Singapore, they act as the Regional Application Center for the marketing and design
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  • FORUM
    • 697 23 I READ with interest the report on the teaching of university foundation skills at NUS (ST Weekly, Feb 4). The perceived usefulness of such a course is manifest in its being made available to all first-year students; those in arts and social
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    • 182 23 PLEASE refer to the article “Sex is wrong so babies aborted” (ST Weekly, Feb 4). Selective abortion by gender is rare in Singapore. The heading of the press article was grossly misleading and did not represent correctly the contents of the article
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    • 145 23 I REFER to the report ‘‘Undergrads being taught to think and write” (ST Weekly, Feb 4). The National University of Singapore is to be commended for taking action to deal with the problem of undergraduates’ inability to think logically and write clearly. This problem
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    • 595 23 IT IS not often that our TV stations bring us stories which are based on genuine Chinese history. The present series on The Three Kingdoms, telecast on Channel 8 every Saturday afternoon, appears to be an exception. The Three Kingdoms (c.
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  • 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
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  • 737 24  -  New guidelines to stop explosive growth in lending By Chan Sue Meng and Jean Chia THE Monetary Authority of Singapore is clamping down on unsecured personal credit and car loans, in a move to stem explosive growth in lending and ensure greater
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  • 358 24 PRIME Minister Goh Chok Tong last Saturday called on Singaporeans to improve their social behaviour and preserve the good living environment they enjoyed now by keeping their estates clean. He urged them not to waste the Government’s efforts in spending millions of dollars
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