The Straits Times : Weekly Overseas Edition, 1 July 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 26 1 The Straits Times WEEKLY EDITION SATURDAY, JULY 1, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 087/08/94 The Straits Times 150 YliAKS jf
    26 words
  • 795 1  -  To be Deputy Prime Minister and Defence Minister from Aug 1 By Chua Mui Hoong FORMER Cabinet Minister Tony Tan will rejoin the Government as Deputy Prime Minister and Defence Minister from Aug 1. Deputy Prime Minister Lee Hsien Loong, who now oversees the Trade
    795 words
  • 479 1 DR TONY Tan’s return to Government is not related to the health of Deputy Prime Minister Lee Hsien Loong. “At BG Lee’s last annual medical check-up, he was pronounced to be in good health. This is still the case,” the
    479 words
  • 244 1 WHEN Dr Tony Tan leaves the Oversea-Chi-nese Banking Corporation bank at the end of this month, it will be the second time he has done so to join the Government. He resigned as its general manager in 1979 to stand as a People’s
    244 words
  • Page 1 Advertisements

  • NEWS FOCUS
    • 448 2 NST. Units to be relocated in Johor, says minister THE Royal Malaysian Navy (RMN) Woodlands base in Singapore will be handed over to the Republic by Jan 1, 1998, said Malaysian Defence Minister Datuk Syed Hamid Albar. This will take place after
      NST.  -  448 words
    • 502 2 REAR-ADMIRAL Kwek Siew Jin, Chief of Navy, heads this year’s promotion of senior officers in the Singapore Armed Forces with his move to the rank of Rear-Admiral (Two Star). He is the first naval officer here to reach this rank. Three other senior
      502 words
    • 631 2  -  By Brendan Pereira THE discipline problem in schools has not widened over the last 10 years but the troublemakers have become more defiant and show a total lack of respect for authority, a report by the Singapore Teachers Union suggests. Today’s
      631 words
    • 766 3 PUBLIC hospitals which teach, such as the National University Hospital, are at the heart of Singapore’s total health system. Without them, the health system here would grind to a halt, said Brigadier-General (NS) George Yeo last Saturday. Besides teaching and producing
      766 words
    • 239 3 PRIVATE-SECTOR employers expect pay rises this year to be lower than last year. Most are likely to pay less than the built-in wage increase of more than 7 per cent in 1994. The feedback from the bosses was obtained by the Singapore
      239 words
    • 480 3 ALEXANDRA Hospital has come under the wings of the National University of Singapore so that medical students will have a wider spectrum of patients to work with. The change in management will also mean that these students will be taught by a wider
      480 words
    • 376 3 THE newly-opened Ren Ci Hospital needs more volunteers to join its ranks and all a volunteer needs is a loving heart, said the hospital’s chairman, Venerable Shi Ming Yi. His words underscored what Health Minister Briga-dier-General (NS) George Yeo said at the opening of
      376 words


  • HOME
    • 723 4  -  One reason: Nation short of ministers Dr Tony Tan’s return to the Cabinet By Chua Mui Hoong FORMER Minister Tony Tan or. Thursday said he agreed to rejoin the Government as the country was short of ministers, especially those who had come from
      723 words
    • 513 4 But the interests of Singapore ‘took precedence’ DR TONY Tan on Thursday described his decision to leave OCBC Bank to return to the Cabinet as a painful and •wrenching” one, which he had taken several months to consider. He said
      513 words
    • 294 4  -  By Simon Sinaga in Jakarta DEPUTY Prime Minister Lee Hsien Loong said on Thursday that he was very happy that Dr Tony Tan was rejoining the Cabinet. He told reporters here that when he found out in 1992 that he had
      294 words
    • 312 4 His decision to return to Cabinet: “It has been very painful for me to make this decision. I cannot pretend that this has been something which is easy... Working in OCBC is very pleasant and challenging. You have your privacy it’s a very comfortable life... I
      312 words
    • 452 4 SINGAPORE will face a crisis if not enough younger men and women are willing to take up political careers, returning Cabinet Minister Tony Tan said on Thursday. The fact that he had been recalled showed how difficult it was for
      452 words
    • 457 5  -  Project to mark Straits Times’ 150th year By Lynn Seah A SCULPTURE took more than 2,000 pairs of hands to create the hands of journalists, secretaries, sales executives and clerks. It stands at the lobby of News Centre in Genting Lane, and was
      457 words
    • 651 5 TEAMWORK must remain as the basic strategy for Singapore to beat tougher global economic competition, Prime Minister Goh Chok Tong said on Wednesday. This is because of the country’s permanent disadvantages of a small domestic market, limited land and labour pool. He made
      651 words
    • 344 5 THE 47-YEAR-OLD teacher who claimed that she had knocked down a boy in a hit-and-run accident on a flyover on the East Coast Parkway Wednesday last week, has admitted to police that the actual culprit was her daughter. The
      344 words
    • 292 6 ANXIOUS parents caused more problems to the organisers than the 3,168 students who sat for the abacus test on Sunday. The test for students aged six to 14, organised jointly by the International Abacus Organisation and Entrepreneur Personal Development Centre, attracted
      292 words
    • 429 6  -  They speak little Mandarin with family By Wong Hiew Peng A SURVEY of some 100 bilingual pre-schoolers showed that they used less Mandarin than English at home. This was revealed on the third and final day of the Asian Reading Congress
      429 words
    • 518 6  -  By Tan Hsueh Yun FROM April 1 next year, only low capacity flushing cisterns will be allowed in new buildings and in ones where renovations involve changing water closets. Trade and Industry Minister Yeo Cheow Tong announced this when
      518 words
    • 660 7 Lunar New Year coincides with Hari Raya Puasa WHEN the Lunar New Year meets Hari Raya Puasa next February, it will result in a five-day weekend for people who work a five-day week. The extra-long weekend stretches from Saturday, Feb 17, to Wednesday, Feb 21,
      660 words
    • 576 7  -  Case arose over sale of house for client in 1985 By Brendan Pereira A LAWYER who has been in practice for 21 years was acquitted of professional misconduct by a court of three judges recently. The court found that the Law Society had failed
      576 words
    • 383 8 A VIDEO distributor took out a full-page advertisement in Friday last week’s Straits Times, apologising to the Motion Picture Association (MPA) and its members for infringing their copyright on some movies. The distributor’s company, Chang How Video Centre located in Block 137, Teck Whye
      383 words
    • 380 8 A SPORTSMAN, a youth leader and a writer-theatre producer will receive this year’s Singapore Youth Awards. Dr Benedict Tan, 27, won the Excellence award for his achievements in sailing. The other two won in the Service category: Mr Quah Sy
      380 words



  • Page 7 Advertisements
    • 188 7 Home Delivery Weekly! A crisp summary of the week's major happenings in Singapore, the newspaper covers news from politics, to business, to investment opportunities and others. What's more, it also offers news on Malaysia and Asean. A convenient tabloid airmailed to you wherever you may be, once a week. So,
      188 words

  • Page 8 Miscellaneous
    • 1245 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 1220
      1,245 words

  • SPORTS
    • 631 9  -  BOWLING: By Shirlynn Ho-Pereira JACK WONG has grabbed Singapore bowling by the scruff of its neck and made it his exclusive domain this year. But the real test for Singapore’s best bowler in a decade is at the big show: the world FIQ
      Picture by JERRY SEH.  -  631 words
    • 447 9  -  By Hakikat Rai THE life ban on former Lions player Abbas Saad will stay. This was decided by the Football Association of Singapore on Wednesday. Edmond Pereira, the player’s lawyer, had asked the association for a meeting to discuss the issue. But
      447 words
    • 456 9  -  By Joe Dorai BUSINESSMAN Patrick Ang has informed the Football Association of Singapore that he may not be able to accept the national team manager’s job for the South-east Asia Games in Chiangmai in December. The reason: his heavy business commitments. Ang,
      456 words

  • MALAYSIA
    • 456 10 PENANG A high-powered Cabinet committee has been formed to review the country’s education system. Among the key issues to be studied for possible changes are the enrolment age for students, the number of schooling years and the teaching systems in primary and secondary schools.
      456 words
    • 309 10 Bernama. Kl ALA LIMPIR Distance learning, which enables a person to pursue higher education from the comfort of home, will be implemented on a big scale in local institutions of higher learning from next year. Education Minister Datuk Seri Najib Tun Razak said on Monday
      Bernama.  -  309 words
    • 389 10 pursuit of progress. Bernama. NST. KUALA LUMPUR Malays should erase the culture of complacency to ensure that they could face effectively the challenges of the current economic growth, Deputy Prime Minister Datuk Seri Anwar Ibrahim has said. He also
      pursuit of progress. Bernama. NST.  -  389 words
    • 199 10 NST. SEREMBAN A 35-year-old woman was jailed for six years by the Sessions Court here after she pleaded guilty to causing the death of her husband by setting him on fire at their estate home in Bahau last year. Judge Abdul Rahman Abdul
      NST.  -  199 words
    • 601 10  -  Penang Bridge fire By Kalimullah Hassan in Penang MALAYSIA’S fastest-industrial-ising state continued to be crippled for the third day running by unscheduled power cuts. Penang Chief Minister Tan Sri Dr Koh Tsu Koon appealed to Tenaga Nasional (TNB), the state-controlled power authority, to adhere
      601 words

  • ASEAN
    • 477 11  -  By Simon Sinaga in Jakarta SINGAPORE and Indonesia agreed on Thursday on the need to proceed as soon as possible with joint promotion and marketing of five new Indonesian tourist destinations. At the inaugural ministerial committee meeting on In-donesia-Singapore Tourism Cooperation here, ministers of
      477 words
    • 539 11  -  15-year programme aims to produce a credible military By Nirmal Ghosh Manila Correspondent A 15-YEAR modernisation programme costing 330 billion pesos (5518.6 billion) aims to reduce manpower in the Armed Forces of the Philippines (AFP), upgrade ageing facilities and acquire
      539 words
    • 479 11  -  By Lee Siew Hua Bangkok Correspondent THE next Thai government had to be a disciplined and stable coalition where the opinion of the majority was accepted, Premier Chuan Leekpai said at an election rally in Bangkok. Addressing a largely middle-class crowd
      AFP picture.  -  479 words

  • COMMENT/ANALYSIS
    • 671 12 JULY 1. 1995 WHATEVER the composition of the coalition government that may emerge after tomorrow's general election in Thailand, the people have blessings to be thankful for even before the ballots are counted. The most underrated one is the restoration of democracy, which gets another boost with
      671 words
    • 643 12 JUNE 30, 1995 THE last-minute resolution of the car dispute between the United States and Japan is far from being a perfect one. but is a genuine success nonetheless. The truth is that differences remain on numerical targets which, indeed, were the cause of the dispute
      643 words
    • 677 12 JUNE 28. 1995 IN NO other South-east Asian country would the military’s views on matters of state carry as much weight as in Indonesia. This is because of the armed forces’ inheritance as protector of the country’s 1945 Constitution and the Pancasila, a code of
      677 words
    • 805 12  -  By Sonny Yap FORGET about English Literature, this is the year of History. Not a day passes by without the media reverberating to the echoes of some tumultuous events which happened half a century ago. Just try dodging the bombardment of reportage on the
      805 words
    • 1106 13  -  By Tan Sai Song IT HAD something to do with his face, or, more correctly, the lack of it. I am referring to the teenager who was sent last week to two years of reform school for assaulting the discipline master in his
      1,106 words
    • 886 13  -  By Susan Sim OUR poor youths, exhorted constantly to work hard and not squander the nation’s wealth. Accused of selfish individualism, diagnosed as suffering from anomie, they are the nation’s lost generation to whom deprivation is a stranger, whose social conscience extends only
      886 words


  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1653 14 The phenomenal growth of Internet in Singapore has spawned a host of issues which are now being studied by an inter-ministry panel. For example, how do laws on libel, contempt of court, official secrets and obscenity apply to the new
      1,653 words
    • 281 14 **l WANT to keep the information superhighway from resembling a red light district,** says Democrat Senator James Exxon, whose Communications Decency Act was approved two weeks ago by the US Senate. Parliamentary Secretary for Information and the Arts Mohamad Maidin Packer Mohamad referred to it when announcing
      281 words
    • 1201 15 The recent libel suit against the International Herald Tribune has highlighted again the Singapore Government’s policy on the foreign media. In a subsequent interview with the British Broadcasting Corporation, Senior Minister I>ee Kuan Yew stressed that he treated the local and foreign media
      1,201 words
    • 944 15  -  THINKING ALOUD Han Fook Kwang THE recent changes to the primary school registration system will not please everybody but they are a practical compromise that should also help avert a potentially troubling problem. I wrote last year that, if present trends continued, children
      944 words


  • MONEY
    • 7135 16 1 INDUSTRIAL AND COMMERCIAL Transaction Data: Juna 30.1995 1995 High Low Company Curr Last Traded Sale +®rVol 000 Day High Low Gre Div Nat M Cap P/E Imil Wt Avg Price 488 382 m t s Acma 50c 444 xd -4 278 454 440 22.5 93 512.1
      7,135 words
    • 377 17 THE week was dominated by rumour-ridden stocks such as Amcol Holdings, Construction and Supplies House and HTP Holdings Apart from these stocks, the market was quiet and lacklustre as brokers said there were a lack of fresh factors The takeover bid for Yeo Hiap Seng
      377 words
    • 81 17 ST Industrials Index The Straits Times Industrials Indei lost 9.57 points on the week to 2093.21. DAY CLOSE TURNOVER Monday 2092.90 (—9.88) 71 662m (8285 899m) Tuesday *****8 5.78) 93.638m (8351 495m) Wednesday *****1 (-10.17) 108.72m (8394.338m) Thursday 2081.96 (-6.55) 104.43m (*****80m) Friday 2093.21 11.25) 110.74m (8331.775m) BT—
      81 words
    • 574 18  -  By Chan Sue Meng THE Monetary Authority of Singapore (MAS) on Tuesday announced a further move to open up the financial sector, even as bankers raised concerns about the rising shortage of skilled labour. Under new rules effective from Wednesday, offshore banks can lend
      574 words
    • 2523 18 CORPORATE RESULTS Net Farn F.PS Dale n IA 1 A IA < ompany unn P>m) lets) (cts) j V'ITU Jun X F 65.946 41 5IX 47.X 31 3 1 Mliancc Tech Jun 12 11 3X0L 1 564L \mcol lun 9 F 43 566 19.108 149 6
      2,523 words
    • 155 18 SINGAPORE Telecom shareholders who hold odd lots of fewer than 100 shares can start trading in 10-share lots from July 10, said the Stock Exchange of Singapore in a statement on Friday last week. Existing board lots of 1,000 and 100 Telecom shares
      155 words
    • 442 18  -  By Douglas Wong GROWTH in Singapore’s manufacturing sector slowed to 4.5 per cent in April from 7.3 per cent the previous month but analysts were not disappointed. They said the slowdown gave the sector a muchneeded breather after two years of
      442 words
    • 614 19 DB Group in New Zealand is main contributor to improved results COMPANY RESULTS THE Fraser Neave (F&N) group has turned in a strong set of interim results, with group net earnings rising 80 per cent to $77.4 million. This was achieved
      614 words
    • 427 19 Friday June 30 HK$ ASM Pacific 6 15 0 050 Allied Ind Int'l 0 41 0.02 Allied Oversea .071 F 0.03 Asia Sec Int 2.67 unch Bank of EA 23.30 0.25 C P Pokphand 2.73 unch CDl Hotel 3.77 unch Cafe De Coral 1.93 0.14 Cath Pac Air 11.30
      427 words
    • 396 19 Manager’s prices for July 1 3 Singapore Unit Trust The Commerce 1 56—1.6b The Savings Fund 1.50—1.59 S pore Prog Fund 0.61 —0 65 S pore Sec Fund 0 97-1 03 S pore Invest Fund 107-113*d S pore Equity Fund 0.73-0 78 Credit Lyonnais Inti Asset Mgt Cl
      396 words
    • 328 19 METRO Holdings Ltd has reported a 29-per cent fall in its full year net profits to $7.02 million, a far worse performance than expected as the retail crunch continues. Shareholders may be placated by its proposed l-for-5 bonus issue though, which Metro said on
      328 words
    • 444 19 C.K. TANG has plunged deeper into the red with a net full-year loss of nearly $lB million. But Tang's reported net loss of $17.83 million for the year to March 31. 1995 compared to a $13.7-million loss made in the same period
      444 words
    • 153 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1 3861 1.4020 Sterling pound 2.1884 2.2407 Australian dollar 0.9806 1.0103 Canadian dollar 1.0002 1.0235 NZ dollar 0.9152 0.9466 EC unit 1.8751 Singapore dollars to 100 units of foreign currency Austrian schilling 13.9846 14
      153 words
    • 148 19 Contract date: 30/6/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 5' j 5 Vi 5 3 i 5’. 5' 5 5 7 95 AS 6‘« 7 7 6 7 6’'4 5V, 4/7:5/7/95 NZS 8U 8 1 8’ 7*4 7
      148 words
    • 627 20  -  By Tan Kim Song THE Monetary Authority of Singapore (MAS) said on Wednesday it expected Singapore’s gross domestic product (GDP) to grow by only 7-8 per cent this year, suggesting that the economy may be slowing down faster than previously anticipated. At the release of
      627 words
    • 483 20  -  By Chan Sue Meng THE Monetary Authority of Singapore (MAS) made a lower profit last year, mainly due to a lower rate of return on assets last year. M For instance, while 1993 was a very good year for bonds, all major
      483 words
    • 601 20  -  Battle for Yeo Hiap Seng By Goh Soo May PROPERTY tycoon Ng Teng Fong on Tuesday responded to Malaysian rival Quek Leng Chan’s takeover bid for Yeo Hiap Seng by raising his stake in YHS even as the company’s share
      601 words
    • 369 20 MULTINATIONAL corporations (MNCs) can tap growing Asian markets effectively and stay ahead of the competition by setting up regional headquarters in locations like Singapore, Trade and Industry Minister Yeo Cheow Tong said on Tuesday. Given the increasing significance of Asian markets, MNCs can
      369 words





  • Page 21 Advertisements
    • 696 21 The Straits Times Weekly Edition ■JvXWXsv.+Xy; lv?S ISSIS 1 Where Financial Assets Like You Enjoy Rapid Appreciation. CHARTERED INDUSTRIES OF SINGAPORE is a group of ordnance-based companies committed to quality in the design, production and maintenance of defence weapons and ammunition. ACCOUNTANT The Job: Reporting to the Financial Accounting Manager,
      696 words

  • Page 22 Advertisements
    • 924 22 FOREIGN CORRESPONDENTS Singapore Press Holding is expanding its bureau network in the region, and is looking for Foreign Correspondents to join The Straits Times and Business Times Your responsibility is to report on political and economic developments in the region. You should be independent, have an inquiring mind and a
      924 words

  • FORUM
    • 692 23 It should help set up more health-care facilities I REFER to the report “Singapore needs more voluntary welfare groups: BG Yeo”. Brigadier-General (NS) George Yeo reveals that many more voluntary welfare organisations will be needed to provide different kinds of health-care services.
      692 words
    • 344 23 I REFER to the letter “Government should play a bigger part in social welfare" from Mr Chia Hern Keng (above). The Government already plays a very big role in providing social welfare. Government support to voluntary welfare organisations (VWOs) such as nursing homes
      344 words
    • 293 23 I REFER to Mr Sonny Yap’s suggestion in “Remembering the fallen heroes on Opium Hill" (page 12) that the National Heritage Board or the National Arts Council consider “shooting an epic film on the men of C Company, First Battalion of the Malay
      293 words
    • 600 23 Justice is proportional penalties for offenders I REFER to the two articles "British retail chains drop adults-only anti-execution video" and “When too much is just too much” (ST, June 21 and 22). This video has caused considerable controversy in Britain for its excessively
      600 words
  • Page 23 Advertisements
    • 123 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
      123 words

  • 747 24 Prize given for all-round excellence, and is a symbol of world-class quality: PM Goh AN ELECTRONICS company, Texas Instruments (TI) Singapore, has won the first Singapore Quality Award for all-round excellence. Prime Minister Goh Chok Tong presented the award on Tuesday to the company’s
    747 words
  • 151 24 technique: OFFICERS from the police Special Branch slammed on their brakes and did tight 180-de-gree turns in their Volvos to evade would-be assassins in an ambush demonstration on Wednesday. Returning gunfire and tossing smoke grenades, these highly trained bodyguards and the VIPs they were protecting, were
    Picture by TAN SUAN ANN.  -  151 words
  • 454 24 THE charge of criminal intimidation against football star Abbas Saad was dropped last Saturday, ending the ex-Lion’s two-month ordeal. Now, the ex-footballer just wants to go home to Australia and appeal to the relevant authorities to let him play football again. Last Saturday, a
    454 words
  • 396 24  -  By Danny Khoo PROMINENT Indonesian racehorse owner Herry Cahayadi Si has called it a day. He will auction his 57 horses and donate the proceeds to a local charitable organisation. The businessman, 38, the biggest racehorse owner in the Malayan Racing
    396 words