The Straits Times : Weekly Overseas Edition, 1 July 1995
1995-07-01
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The Straits Times : Weekly Overseas Edition
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Title Section26 1995-07-01 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 jf26 words
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Article795 1995-07-01 1 Chua Mui Hoong - 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 Trade795 words
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Article, Illustration479 1995-07-01 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,” the479 words
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Article244 1995-07-01 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’s244 words
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Page 1 Advertisements
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Advertisement7 1995-07-01 1 HECK OUT ages 21 22 *****6,,181Z88 87 words
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NEWS FOCUS
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448 1995-07-01 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 afterNST. - 448 words
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Article, Illustration502 1995-07-01 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 senior502 words
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Article, Illustration631 1995-07-01 2 Brendan Pereira - 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’s631 words
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Article, Illustration766 1995-07-01 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 producing766 words
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239 1995-07-01 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 Singapore239 words
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480 1995-07-01 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 wider480 words
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376 1995-07-01 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 of376 words
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HOME
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Article723 1995-07-01 4 Chua Mui Hoong - 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 from723 words
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513 1995-07-01 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 said513 words
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294 1995-07-01 4 Simon Sinaga - 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 had294 words
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Article312 1995-07-01 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... I312 words
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452 1995-07-01 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 for452 words
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Article, Illustration457 1995-07-01 5 Lynn Seah - 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 was457 words
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Article, Illustration651 1995-07-01 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 made651 words
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344 1995-07-01 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. The344 words
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Article, Illustration292 1995-07-01 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, attracted292 words
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429 1995-07-01 6 Wong Hiew Peng - 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 Congress429 words
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518 1995-07-01 6 Tan Hsueh Yun - 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 when518 words
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Article660 1995-07-01 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
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576 1995-07-01 7 Brendan Pereira - 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 failed576 words
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Article, Illustration383 1995-07-01 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 Whye383 words
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Article, Illustration380 1995-07-01 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 Sy380 words
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Page 7 Advertisements
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Advertisement188 1995-07-01 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
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Page 8 Miscellaneous
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Miscellaneous1245 1995-07-01 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 12201,245 words
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SPORTS
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Article, Illustration631 1995-07-01 9 Shirlynn Ho-Pereira - 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 FIQPicture by JERRY SEH. - 631 words
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Article, Illustration447 1995-07-01 9 Hakikat Rai - 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. But447 words
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Article, Illustration456 1995-07-01 9 Joe Dorai - 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
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MALAYSIA
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456 1995-07-01 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
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Article309 1995-07-01 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 MondayBernama. - 309 words
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389 1995-07-01 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 alsopursuit of progress. Bernama. NST. - 389 words
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199 1995-07-01 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 AbdulNST. - 199 words
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601 1995-07-01 10 Kalimullah Hassan - 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 adhere601 words
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ASEAN
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Article, Illustration477 1995-07-01 11 Simon Sinaga - 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 of477 words
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539 1995-07-01 11 Nirmal Ghosh - 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 acquire539 words
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Article, Illustration479 1995-07-01 11 Lee Siew Hua - 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 crowdAFP picture. - 479 words
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COMMENT/ANALYSIS
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Article671 1995-07-01 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 with671 words
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Article643 1995-07-01 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 dispute643 words
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Article677 1995-07-01 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 of677 words
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Article, Illustration805 1995-07-01 12 Sonny Yap - 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 the805 words
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Article, Illustration1106 1995-07-01 13 Tan Sai Song - 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 his1,106 words
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886 1995-07-01 13 Susan Sim - 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 only886 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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Article, Illustration1653 1995-07-01 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 new1,653 words
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Article281 1995-07-01 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 announcing281 words
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Article, Illustration1201 1995-07-01 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 media1,201 words
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Article, Illustration944 1995-07-01 15 Han Fook Kwang - 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, children944 words
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MONEY
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Article7135 1995-07-01 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 93 512.17,135 words
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377 1995-07-01 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 Seng377 words
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Article81 1995-07-01 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
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574 1995-07-01 18 Chan Sue Meng - 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 lend574 words
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2523 1995-07-01 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 62,523 words
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155 1995-07-01 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 shares155 words
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442 1995-07-01 18 Douglas Wong - 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 of442 words
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Article, Illustration614 1995-07-01 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 $77.4 million. This was achieved614 words
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Article427 1995-07-01 19 Friday June 30 HK$ 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 11.30427 words
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Article396 1995-07-01 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 Cl396 words
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328 1995-07-01 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 on328 words
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444 1995-07-01 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 $13.7-million loss made in the same period444 words
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Article153 1995-07-01 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1 3861 1.4020 Sterling pound 2.1884 2.2407 Australian dollar 0.9806 1.0103 Canadian dollar 1.0002 1.0235 NZ dollar 0.9152 0.9466 EC unit 1.8751 Singapore dollars to 100 units of foreign currency Austrian schilling 13.9846 14153 words
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Article148 1995-07-01 19 Contract date: 30/6/95 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 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 7148 words
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Article627 1995-07-01 20 Tan Kim Song - 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 of627 words
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483 1995-07-01 20 Chan Sue Meng - 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 major483 words
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Article, Illustration601 1995-07-01 20 Goh Soo May - 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 share601 words
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369 1995-07-01 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 can369 words
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Page 21 Advertisements
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Advertisement696 1995-07-01 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
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Page 22 Advertisements
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Advertisement924 1995-07-01 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 a924 words
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FORUM
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692 1995-07-01 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
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344 1995-07-01 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 homes344 words
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293 1995-07-01 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 Malay293 words
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600 1995-07-01 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 excessively600 words
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Page 23 Advertisements
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Advertisement123 1995-07-01 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, such123 words
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747 1995-07-01 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’s747 words
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Article, Illustration151 1995-07-01 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, werePicture by TAN SUAN ANN. - 151 words
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454 1995-07-01 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, a454 words
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396 1995-07-01 24 Danny Khoo - 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 Racing396 words