The Straits Times : Weekly Overseas Edition, 6 May 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 25 1 The Straits Times WEEKLY EDITION SATURDAY, MAY 6, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) #B7/08/94 The Straits Times ISO YHARS
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  • 484 1 THE wage gap between rich and poor has been stable over the last six years despite rising wage levels. In the top 20 per cent of wage earners, the average person still earns slightly more than three times the average
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  • 488 1  -  PM Goh on how to weather unexpected storms By Ahmad Osman STRONG leadership backed by a united people would minimise Singapore’s vulnerability when events such as the Flor Contemplacion episode erupted unexpectedly, the Prime Minister said on Sunday. Singaporeans must remain united, resolute and
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  • 666 1  -  By Derwin Pereira SINGAPORE and Australia should combine their strengths to seize and develop opportunities in the world’s fastest growing region, President Ong Teng Cheong said on Tuesday. ‘With growing prosperity in the region, opportunities abound for our mutual cooperation,” he said in a
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  • NEWS FOCUS
    • 757 2  -  SM Lee’s interview with Commonwealth Magazine By Wang Hui Ling SENIOR Minister Lee Kuan Yew said it was a source of pride and satisfaction to him that he left Singapore with a good government. In an interview with Commonwealth
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    • 487 2 IT IS in Taiwan’s interest to begin serious discussions with China soon, before the mainland improves its bargaining position, said Senior Minister Lee Kuan Yew in an interview with Commonwealth Magazine. “I believe you are better off talking to China, not now maybe,
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    • 439 2 Elections not on the cards yet ELECTIONS are not on the cards yet as the Government has to tackle the two priorities public transport and housing this year, said Prime Minister Goh Chok Tong last Friday. On the issue of public
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    • 513 2 THE major role of unions today is to protect the future of Singaporean workers, by insisting on retraining and skills-upgrading programmes, Senior Minister Lee Kuan Yew said. “Technology is changing so fast that, if we don’t get our workers up to mark, they
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    • 700 3  -  By Dominic Nathan SINGAPORE’S medical profession is beginning to drift without an ethical consensus, cautioned the president of the Singapore Medical Council (SMC), Professor N. Balachandran, on Sunday. In a frank and critical assessment, the Emeritus Consultant with Singapore General Hospital’s orthopaedic surgery department,
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    • 697 3  -  Sites must meet strict guidelines By Malcolm Bastians THE Government, in a bid to curb illegal bookmaking, will allow the Singapore Turf Club (STC) to operate off-course betting centres from Nov 4. The centres will be one of three ways
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    • 540 3  -  By Felix Soh THE cultural cross-blending between Australia and Singapore taking place now is a source of strength in the relations between the two countries, said Australian Governor-General Bill Hayden on Wednesday. This included, among other developments, “several hundred Australians” teaching in Singaporean schools and
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  • HOME
    • 501 4  -  By Ahmad Osman SINGAPORE is an advanced economy with the best workforce in the world, according to an international business risk and consultancy firm based in the United States. It beat 17 other countries grouped for the first time as advanced economies to retain
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    • 707 4  -  Systematic plans to upgrade older housing estates, he says Interim Upgrading Programme launch By Warren Fernandez THE Government’s plan to upgrade older Housing Board estates is an ambitious programme which would transform Singapore dramatically over the next 20 years, Senior Minister Lee Kuan Yew
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    • 474 4 THE National Trades Union Congress will continue to have an important role, even though Singapore has a harmonious industrial relations climate, Senior Minister Lee Kuan Yew said. In an interview with NTUC News Weekly, he identified two key roles for the labour
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    • 783 5 The Flor Contemplacion case THE three US forensic experts in the Contemplacion case have written to the New York Times to express their disappointment over an article by the paper’s well-known columnist William Safire. Drs Michael Baden, William Maples and Cyril Wecht took the
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    • 560 5  -  By Ng Wei Joo FORENSIC pathologist Professor Chao Tzee Cheng last Saturday rebutted the claim that Flor Contemplacion could not have killed fellow Filipino maid Della Maga because the former was right-handed and the killer left-hand-ed. In his letter last Saturday to Singapore’s
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    • Third-party autopsy
      • 353 5  -  By Nirmal Ghosh Manila Correspondent THE US government’s role in the independent autopsy of the remains of murdered Filipino maid Della Maga will be limited to suggesting experts to conduct the examination, the American embassy here said in a statement Wednesday. The statement was issued
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      • 366 5  -  By Leticia Perez in Manila PRESIDENT Fidel Ramos said on Monday that a daily average of about 50 Filipino domestic helpers continued to migrate illegally to Singapore despite a ban enforced by his government. In his Labour Day address, he said the best
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    • 425 6 Among the finds: Two sachets hidden in table fan ANTI-NARCOTICS officers arrested three people and seized more than 1 kg of heroin on Tuesday, including two sachets of the drug hidden in a table fan. The sachets hidden in the
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    • 363 6  -  By David Miller AT THE grand age of 99. Madam Wong Siew Chin headed a clan of more than 200, making it one of the largest extended families in Singapore. One of the major shareholders in the defunct Green Bus Company, Madam Wong died
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    • 547 6  -  For his contributions to education By M. Nirmala PROFESSOR You Poh Seng, 76, executive director of the Singapore Institute of Management (SIM), has spent 45 years in academia in Singapore and is not about to stop. He said softly: “I don’t believe in retiring.
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    • 805 7  -  SPREADING SINGAPOREANA By Jimmy Yap A GROUP of Singaporeans based in the United States, England, Canada and SingaI>ore are using the Internet to create a Singapore pitstop on the information highway. Six are in the US, two are in
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    • 376 7 Girl with breathing problems in plane THE Singapore toddler who died from breathing problems during a United Airlines flight home from Hongkong had suffered a mild asthma attack before the family left for the colony for a holiday. The 19-month-old girl, Lim
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    • 410 7 WANTED: More employers to offer overseas vacation jobs to polytechnic and university students. The Singapore International Foundation would like more employers to take part in its Work Asia programme so more students can work overseas. Every year, applicants far outnumber job offers. Now in
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    • 496 8 THEY are a new breed of newspaper vendors. They are graduates from universities in India holding professional degrees in areas such as law and engineering. They left their former jobs in India to work here because they earn better money here,
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    • 378 8 Strong laws will attract investment THE Government will propose updated laws on intellectual property rights (IPR) in Parliament later this year to further improve IPR protection here, said Trade and Industry Minister Yeo Cheow Tong on Wednesday. The announcement, which comes just six months
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  • Page 8 Miscellaneous
    • 1243 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
    • 810 9  -  National soccer players’ grievances with FAS By Joe Dorai FAS adviser Mah Bow Tan last Saturday suggested that the Football Association of Singapore hold a dialogue with players in the Singapore squad to iron out misun* derstandings and grievances regarding their contracts. Mr Mah,
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    • 353 9 ALL is well that ends well. CocaCola will be fully sponsoring bodybuilder Azman Abdullah for the prestigious Night of Champions’ competition in New York on May 20. Bodybuilding fans will recall that the 32-year-old quit the sport in a huff last
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  • Page 9 Advertisements
    • 377 9 TheStraitsTimes mmmm News from Home wherever you are. T he Straits Times Weekly Edition offers you a crisp summary of the week's major happenings in Singapore and in the Asean region. You can stay in touch with the social issues, politics, business and economy at home wherever you are studying,
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  • MALAYSIA
    • 606 10  -  Minor reshuffle as PM opts for continuity By Kalimullah Hassan in Kuala Lumpur MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad unveiled a no-surprise Cabinet on Wednesday, with few significant changes from the previous line-up. “I like continuity and do not change for the sake
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    • 271 10 NST. LONDON Six Malaysian students have won prizes for outstanding academic performance in the British Top University Awards. Muhammad Akhlil Abdul Hamid, 24, won the Lord Richardson prize while Eqhwan Mokhzanee Muhammad. 20, and Adela Nathalie Nuraini Askandar, 20, won the Sir Arnold
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    • 282 10 SKUDAI All first year female students of Universiti Teknologi Malaysia (UTM), including nonMuslims, must wear headscarves during the orientation period next month. The Utusan Malaysia newspaper on Tuesday q uoted the university’s Deputy-Vice Chancellor (Student Affairs), Mr Yusof Abu Bakar, as saying that
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    • 437 10 NST. MUAR Malaysian kidney patients are turning to China for kidneys now that they cannot obtain the organ in India, following a ban by the Indian government in February. Some patients have been making inquiries, through agents in Hongkong, about buying kidneys from
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  • ASEAN
    • 613 11  -  By Paul Jacob Jakarta Correspondent RESEARCH and Technology Minister B. J. Habibie, seen as a leading contender to succeed President Suharto, has effectively backed the Indonesian leader’s continued stay in office after 1998 for a record seventh consecutive five-year term. He told reporters onThursday that
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    • 362 11  -  He sees ruling coalition winning most Senate seats By Nirmal Ghosh Manila Correspondent ELECTIONS next week in the Philippines’ House of Representatives and Senate would be a referendum on his administration’s record, said President Fidel Ramos on Wednesday. He said that most
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    • 96 11 Yes, it’s Kris one month to being mum FORMER President Corazon Aquino’s pregnant daughter, Kris Aquino, on her way to receive the 18th Gawad I rian film critics’ Best Picture Award for her film, Fatima Buen Story, last Saturday. The film, based on the true story of a woman’s ordeal
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    • 477 11  -  Government action was ‘in conflict with Press Act’ By Simon Sinaga in Jakarta AN Indonesian court on Thursday overturned a government decision to revoke the publishing permit of Tempo magazine and ordered Information Minister Harmoko to reissue a licence for the once-influential weekly.
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  • COMMENT / Pick of the week’s editorials
    • 626 12 MAY 5. 1995 PREVENTION being better than cure, it can be understood why Prof N. Balachandran chose to make the comment that Singapore's medical profession is beginning to drift without an ethical consensus. It was no doubt his intention to prevent such a drift that led the
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    • 619 12 MAY 4. 1995 NEARLY a decade after it was launched, the South Asian Association for Regional Cooperation (Saarc) may be poised at last on the brink of tangible achievement. Among the many pledges, ranging from condemnation of terrorism to eradication of gender disparity, that find
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    • 652 12 MAY 2. 1995 THE Government appears intent on leaving no stone unturned and no channel untapped to coax Singaporeans to share with their leaders what is on their minds. This is reflected in its Feedback Unit’s plan to extend its current hotline to take calls around the
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    • 751 12  -  By Alan John HALF a year ago not many Singaporeans would have known who Noeleen Heyzer was, or guessed correctly what Unifem might be. Last October, the 47-year-old Singaporean sociologist was appointed director of the United Nations Development Fund for Women,
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  • COMMENT / ANALYSIS
    • 1076 13  -  By Tan Sai Siong MANY incredible stories have been spun about Singapore in the Philippines since people there seized on Flor Contemplacion as a symbol of their suffering and 'made a martyr out of this convicted murderess. Remember the first
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    • 675 13  -  By William Safire New York Times WASHINGTON The dictatorial regime in Singapore, long critical of American weakness in upholding the law, hired a trio of American dry-bone experts to help gain moral absolution for too quickly executing a Filipino maid convicted questionably of murder. Last month’s
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  • INSIGHT
    • 1760 14 A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK Monday was Labour Day, when the worker was celebrated around the world. But why should work be celebrated? ASAD LATIF reports. The golf links lie so near the mill That almost
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    • 1258 15 Dr Tong Chee Kiong, deputy head of the National University of Singapore’s Sociology Department, has studied the sociology of religion for the past 15 years. In an interview with Chung Tsung Mien, he elaborates on the findings of the recently-released
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    • 1255 15  -  THINKING ALOUD Leslie Fong NOT long ago, a parliamentary secretary, responding to a suggestion that Singapore might have to start looking farther afield for maids because existing traditional sources would dry up sooner rather than later, asked: “Where? Lithuania?" He was not being
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  • MONEY
    • 7082 16 INDUSTRIAL AND COMMERCIAL Transaction Date: May 5. 1995 1995 Curr Laal Vol Day Gr’» Nat M CapWt Avg High Low Company Traded Sal# +or'000 High Low Div P/E $mi rncf 482 388 m t Acma 50c 406 cd 2 150 418 400 22.5 8.5 559.7 406 450
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    • 384 17 TRADING on the market this week was dominated by Malaysian second-liners on Clob International Brokers said the key word was sell as investors continued to be worried about the possibility of Bank Negara tightening interest rates in Malaysia after the general elections last week. The
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    • 76 17 ST Industrials Index The Straits Times Industrials Index tel 12.47 points on the week to 2058.80. DAY CLOSE TURNOVER Monday Closed Tuesday 2070.51 (-0.76) 99.770m ($323 093m) Wednesday 2066.35 (—4.16) 81.336m (*****26m) Thursday 2069.98 3.63) 87 523m (S272.583m) Friday 2058.80 (-11.18) 131 51m ($381.952m) BT— MGA Index The
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    • 485 18  -  By Narendra Aggarwal THE Trade Development Board (TDB) is close to finalising its first list of 15 to 20 companies that it wants to groom into mega-traders under a scheme aimed at helping home-grown businesses join the international league. Work on the
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    • 3166 18 CORPORATE RESULTS ompant IHtfc ann Vt Earn n i a iSml (Sm) EPS IA 1 A (etc) (cl») MSB* Mar M 1 1 473 0 843 2 42 0 »2 Mluincc Tech Mar VI P 1 thol 1 5641 \NA Hotels Apr 3 P T 142
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    • 464 18  -  By Lim Kim Huat Lianhe Zaobao Correspondent in Beijing SINGAPORE Press Holdings (SPH) signed an agreement with two enterprises in Tianjin last Friday to set up a 552.08 million joint-venture company in the free trade zone at Tianjin Port. It will
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    • 181 19 SINGAPORE Technologies and NTUC Club Investments (NCI) launched a new family entertainment centre joint venture on Wednesday, with plans to open four centres here within twelve months. Funpolis Asia Pte Ltd also plans to operate video game centres in the region, starting with areas
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    • 429 19 Friday May 5 HKS ASM Pacific 5.35 -0.150 Allied Ind Int'l 0.29 0.01 Allied Oversea 0.48 -0.01 Asia Sec Int 2.85 unch Bank of EA 20 60 0 10 C P Pokphand 2 58 0.03 CDL Hotel 3.55 unch Cafe De Coral 1.71 -l- 0.05 Cath Pac Air 10.20
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    • 370 19 Manager’s prices for May 6 8 Singapore Unit Trust The Commerce 1.59-1.68 The Savings Fund 1.43—1.51 S pore Prog Fund 0 58-0 67 S pore Sec Fund 0 94—1 00 S pore Invest Fund 1.12—119 S pore Equity Fund 0.71—0.75 Credit Lyonnais Int'l Asset Mgt Cl Asia Pac
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    • 545 19  -  National carrier to decide on buying B-777 or A-330 by year-end By Sim Wai Chew A DOGFIGHT is developing between Boeing and Airbus to supply Singapore Airlines with new medium-range aircraft. SIA told The Straits Times last Friday that it
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    • 152 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.3791 1.3959 Sterling pound 2.2037 2.2583 Australian dollar 1.0106 1.0419 Canadian dollar 1.0040 1.0280 NZ dollar 0.9226 0.9550 EC unit 1.8701 Singapore dollars to 100 units of foreign currency Austrian schilling 14.0288 14.6812 Belgian
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    • 133 19 Contract date: 5/5/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALI VALUE DATE US$ 5>/i 5 V. 5H 54« 54« 44* 9.10 5 95 AS 6 7 7 7'/» !>'? 74* 54* 9/5/95 NZS 8 8 8 74» 7'* 6’* 9/5/95 STG 6
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    • 467 20 First US drug company to have manufacturing facility here SCHERING-PLOUGH Corporation is investing in a $3OO million production plant in Tuas making it the first major American pharmaceutical firm to set up manufacturing operations here. Trade and Industry Minister Yeo Cheow Tong, who
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    • 283 20 TESTIFYING to the strong market for old shophouses, the first batch of restored conservation units in Kampong Glam fetched higher-than-expected bids, up to $1.78 million in one case, in a URA tender which closed on Wednesday. The 10 lots of two- and
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    • 571 20  -  By Kalpana Rashiwala INVESTMENT sales of properties jumped 48 per cent in the first three months of 1995 to $2.12 billion against the same period last year thanks largely to the public sale of residential sites and the sale of an office tower
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    • 416 20  -  By Chan Hwa Loon THE Singapore dollar is the seventh most commonly used currency among institutional investors in the Asia Pacific, according to a recent study of investment activities in the region. The study, conducted last year by American investment bank Lehman Brothers,
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  • Page 21 Advertisements
    • 789 21 Straits Steamship Land Limited (A m trrtott ol the Keppel Group) A career in a Fast Growing Company... Straits Steamship Land Ltd, a major property developer, invites applications for the following position: CHIEF ACCOUNTANT (TO BE STATIONED IN CHINA) The successful candidate will report to the General Manager and will
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  • Page 22 Advertisements
    • 997 22 Singapore Telecom is one of the world’s most advanced telecommunications organisations. With resources spanning earth, sky and sea, we link our customers to all parts of the world, by providing quality service. And though our links span the globe, we remain very close to home. It is our commitment to
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  • FORUM
    • 385 23 On medical ethics PROFESSOR N. Balachandran. President of the Singapore Medical Council, brought across important issues on medical ethics in his paper, “Not Pride of Knowledge, but Humility of Wisdom” (see page 4). He has spoken about doctors publicising services, managed health care, continuing
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    • 395 23 I REFER to the report “Professor: Doctors adrift without ethical consensus" (see page 4). It was appropriate and timely that Professor N. Balachandran, president of the Singapore Medical Council (SMC), in his speech at the Singapore General Hospital’s Sixth Annual Scientific
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    • 613 23 DR CHEE Soon Juan in his reply “SDP wants to win votes but will not sacrifice principles" (ST Weekly, April 29) to my letter “Dr Chee should stop vendetta against PAP” said “uncalled for remarks" formed lasting impressions
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    • 545 23 IT IS unfortunate that Mr Low Hou Loke (above) is still unable to see what the SDP has been trying to put across. He clearly, albeit unwittingly, made our point when he said that our national leaders are regarded highly around the
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  • 511 24  -  Boon Heng: Workers must meet challenge with new mindset By Ahmad Osman SINGAPORE must have workers with world-class skills, work attitudes and productivity to beat developed countries competing for investments. NTUC chief Lim Boon Heng said on Monday. To tackle the challenge successfully,
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  • 221 24 THIS little girl was just one of many eager people who rushed forward to greet President Ong Teng Cheong on Monday when he arrived at the Istana in the afternoon. President Ong, who was accompanied by Mrs Ong, cheerfully obliged the crowd by
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  • 533 24  -  Recommendation among guidelines to reward workers By Ahmad Osman COMPANIES which are doing well should consider paying bigger bonuses this year, the National Wages Council said last Saturday. Those which perform exceptionally well could give their staff a special one-off bonus, it
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