The Straits Times : Weekly Overseas Edition, 30 September 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, SEPTEMBER 30, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
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  • 673 1  -  More protection against domestic violence Easier collection of maintenance after divorce By Wang Hui Ling THE Government will soon introduce amendments to the Women’s Charter that will strengthen protection for women and children who are victims of domestic violence. The proposed amendments would also enhance
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  • 330 1 THE House on Wednesday allowed Nominated MP Kanwaljit Soin to table a Bill on Family Violence but only after the minister stated that he had no objections to it. Brickworks GRC MP Bernard Chen questioned the need for separate legislation on
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  • 360 1  -  By Narendra Aggarwal TROUBLED Scotts Holdings which is being probed by the white-collar crime buster, the Commercial Affairs Department (CAD) has sold its much-publicised historical Lau Pa Sat Festival Market in the Shenton Way financial district. The company announced on Thursday that
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  • NEWS FOCUS
    • 585 2 Employment Act and the Workmen’s Compensation Act THE Government will increase from Nov 1 the salary ceiling for workers covered under the Employment Act and the Workmen's Compensation Act. It will go up from $1,500 to $1,600. The move is in line with the
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    • 515 2  -  By Yeow Pei Lin HE BROKE out of a world of silence and has devoted himself to teaching deaf children for the past 16 years. Profoundly deaf himself, Mr Lim Chin Heng, 45, is a resource teacher for the deaf in Upper Serangoon
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    • 235 2 NATIONAL swimmer Desmond Koh Mun Kit, who is representing Singapore in the South-east Asia Games, has been awarded this year’s Rhodes Scholarship. He is the third swimmer since 1968 to win this award. The others were Dr Tan Eng Liang in 1961 and Tan Tuan
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    • 487 3  -  40 Navy men to be trained in Sweden By Raoul Le Blond THE Republic of Singapore Navy (RSN) will acquire a low-cost second-hand submarine as part of a training package in submarine warfare offered by Sweden next year. Forty seamen will be sent to train
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    • 477 3  -  By Liang Hwee Ting A GUNMAN opened fire inside the POSBank in King George’s Avenue, near Jalan Besar Stadium, at 5.17 pm on Tuesday, in a robbery bid with three other men. He fired at least twice at Cisco officer Jumat Katty,
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    • 183 3 THE second-hand Swedish submarine the Republic of Singapore Navy (RSN) is buying will help train its men in submarine warfare. Most of the Navy’s experience in this form of warfare had been in anti-submarine operations. The Sjoormen submarine will be used to train 40 Navy
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    • 448 3 PM Goh’s honorary degree DR CHEE Soon Juan changed his tune in Williams College when he found no anti-Singa-pore sentiment there, but he still did not defend Singapore, said the Prime Minister's press secretary on Thursday. Mr Chan Heng Wing made
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    • 384 3 COE premiums made highest contribution of sl.9b last year THE Registry of Vehicles (ROV) collected a record $4.2 billion in revenue last year, up by nearly $760 million from 1993. The most significant contribution $1.9 billion came from Certificate of Entitlement (COE) premiums, the
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  • PARLIAMENT
    • 490 4 THE Family Violence Bill introduced on Wednesday by NMP Kanwaljit Soin aims to give police and the courts more powers to protect all victims of violence within the home. It will empower the police to investigate all complaints of family
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    • 389 4 THE Ministry of Community Development received more than 800 complaints involving child abuse, family and man tal disputes in the past five years. Acting Community Development Minister Abdullah Tarmugi gave these figures in a written answer to a question by NMP Kanwaljit Soin
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    • 635 4 Selective En-bloc Redevelopment Scheme LAND acquired under the Selective En-bloc Redevelopment Scheme (Sers) may be used for private housing, National Development Minister Lim Hng Kiang said on Wednesday. But this will be considered only after enough Housing Board flats have been built
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    • 276 4 THE Government plans to compensate for land acquired on or after Sept 27 this year at its market value as at Jan 1 this year. But if the market value of the land was lower on the date of the
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    • 375 5 Law for those in restructuring businesses SINGAPORE will soon have the legal framework to regulate the transfer of employees to another company when their employers restructure their business operations. The rights and obligations of both parties are set out in the Employment (Amendment) Bill
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    • 441 5 RAPE and molest victims will be able to give their evidence on live video instead of facing their alleged attackers in court if a new Bill is passed by Parliament. Under the the Criminal Procedure Code (Amendment) Bill introduced on Wednesday,
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    • 364 5 PARLIAMENT on Wednesday approved the Income Tax (Amendment) Bill which will streamline tax administration and fine-tune various tax incentive schemes. The changes include allowing employers to claim tax deductions for additional Medisave contributions they make on behalf of their employees
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    • 262 5 THE Government will not amend the Central Provident Fund Act to provide protection to spouses of CPF contributors as this would erode the contributors’ right to nominate people of their choice as beneficiaries. Labour Minister Lee Boon Yang noted that such
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    • 194 5 THE Government will take back flats in executive condominiums from owners who violate the conditions governing the purchase of the property, National Development Minister Lim Hng Kiang told the House on Wednesday. For example, it will be empowered to re-acquire the
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    • 122 5 PARLIAMENT on Wednesday passed the Currency (Amendment) Bill to allow the Board of Commissioners of Currency Singapore to regulate the use of fullcolour photocopying machines. With it. the Board will have control over the import, manufacture. sale, possession and use of such machines that can reproduce Singapore
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  • HOME
    • 728 6  -  DPM Lee Hsien Loong’s speech on Preparing for the 21st Century Reports: Chiang Yin Pheng i and Ng Wei Joo Republic not homogenous society, says BG Lee SINGAPORE must have a high level of social cohesion because it is not a homogenous
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    • 376 6 Question-and-answer session YES. younger Singaporeans have not gone through hardship, but getting the Government to create crises to test them is not the way, some students told Deputy Prime Minister Lee Hsien Loong on Friday last week. During a question-and-answer session
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    • 279 6 SINGAPORE must always place a premium on its citizens but should continue to attract foreign talent to come here, said Deputy Prime Minister Lee Hsien Loong on Friday last week. Touching on the issue of talent and immigration in his 40minute speech on preparing Singapore
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    • 567 6 SAP vs non-SAP schools: ‘One cannot substitute for the other, and Singapore should have both.’ BG Lee. SINGAPORE needs people from the Special Assistance Plan or SAP schools as well as the non-SAP schools, Deputy Prime Minister Lee Hsien Loong said on Friday last week. These two types of schools
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    • 571 7 COME Oct 1, long-serving civil servants can look forward to a tangible recognition for their contribution to the civil service. The Government on Monday announced a long-service award scheme, which would reward officers who have served at least 10 years. Depending on their
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    • 451 7 IN THE COURTS A A MOTHER was jailed six years for throwing her daughters, one aged two months and the other three years, from the sixth floor of a block of flats in Choa Chu Kang. Tan Hang Cheng, 29, pleaded
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    • 464 8 Court of appeal decides against High Court order A DIVORCED woman who kept a terrace house now valued at $1.6 million need not pay $lOO,OOO to her former husband as his share of the matrimonial property after all. The Court of Appeal allowed
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    • 356 8  -  By Thomas Lee MOUNTAIN bike enthusiasts will soon have the longest track in Singapore to cycle on when a 10-km trail opens in March next year in the Bukit Timah nature reserve. However, the president of the Nature Society (Singapore) has said that
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  • Page 7 Advertisements
    • 183 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,
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  • Page 8 Miscellaneous
    • 1270 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3IM BAND) MONDAY 1100 News m Brief Weather Forecast Asm Pacific) 1105 Frontier 1120 Business Market Reoort 1130 Ful' News 1138 the Front Page 1140 Take Five 1145 Business world 1200 News in Bne* 1205 E Z Bea*
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  • SPORTS
    • 932 9  - Four firms vying to undertake S-League’s $10 m question SOCCER By Tay Cheng Khoon THE S-LEAGUE has a $lO- question: Who will "buy” Singapore’s first attempt at professional soccer for that amount? The League’s bigwigs, believing that professionalism must permeate every facet of the project, have decided to leave the
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    • 780 9  -  By Shirlynn Ho-Pereira FOR years, Desmond Koh did what many could not juggle sports and studies and excelling in both. In the next three months, the 22-year-old scholar-sportsman will face the last and toughest test of
      Picture by CHEW SENG KIM.  -  780 words
    • 266 9 BOWLING SINGAPORE’S fine run at the First Commonwealth Invitation Bowling Championships continued on Sunday when Doreen Pang won a silver in the women’s Masters event. Pang, 31, scorched the lanes in Glasgow, Scotland, and was unlucky not to end up with
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  • MALAYSIA
    • 514 10 SEREMBAN Deputy Prime Minister Datuk Seri Anwar Ibrahim has said that Umno members should help the Chinese and the Indian communities as this would, in turn, help the party’s political struggle. The Nanvang Siang Pau on Sunday quoted Datuk Anwar as saying
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    • 168 10 Bernama KUALA LUMPUR A new radio network would be set up next year by the Malaysian government to disseminate information and policies to the people more effectively using the “forthright” approach, said Information Minister Datuk Mohamed Rahmat. “In principle the government has agreed
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    • 381 10 Bernama. TAMPIN (Negri Sembilan) Deputy Prime Minister Datuk Seri Anwar Ibrahim last Saturday rejected any likelihood that he would challenge Datuk Seri Dr Mahathir Mohamad for the post of Umno president, describing the rumour as an attempt to put him at loggerheads
      Bernama.  -  381 words
    • 424 10 Bernama. JOHOR BARU Works Minister Datuk Seri S. Sarny Vellu said on Thursday that more lanes for vehicles should be built on the Singa-pore-Malaysia Second Link project in anticipation of traffic congestion in future. He told reporters that he had asked
      Bernama.  -  424 words
    • 518 10 Bernama. SEPANG The Kuala Lumpur International Airport (KLIAj, one of the world's largest and most modern, would be completed in 720 days and handed over to the government on Sept 15. 1997, Works Minister Datuk Seri S. Sarny Vellu said on
      Bernama.  -  518 words

  • ASEAN
    • 335 11  -  By Leticia Perez in Manila A PHILIPPINE legislator has filed a Bill seeking the death penalty for those forcing children into prostitution, corrupting them and trafficking in them. “Child prostitution is as dreadful as the crime of murder, where life is being taken,"
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    • 139 11 AP. MANILA A Swiss tourist has been charged with child abuse and soliciting prostitution for allegedly having sex with a 15-year-old boy, a newspaper reported on Sunday. Today newspaper said Beatus St John Buhrer, 47, was arrested on Friday last week by
      – AP.  -  139 words
    • 485 11  -  By Sinfah Tunsarawuth in Bangkok THAILAND’S newly-appointed army chief, General Pramon Phalasin, has said that the army will stay clear of politics while working to improve coordination with the two other armed forces. “I will not get involved in politics,” he was quoted
      The Nation picture.  -  485 words
    • 417 11  -  By Lee Siew Hua In Ho Chi Minh City VIETNAM would seek foreign partners in building new satellite towns to take the crush out of burgeoning Ho Chi Minh City, Vietnam’s Vice-Minister of Construction said. In an interview with The Straits Times on
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    • 295 11 AP BANGKOK On your next visit to Bangkok you may see that old familiar Thai taxi called the “tuk-tuk”, but not recognise its sound nor smell It will no longer spew clouds of black exhaust, and gone will be the raucous rattle from
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  • COMMENT / Pick of the week’s editorials
    • 661 12 SEPT 29. 1995 THERE would be more than passing interest among oil traders. shipping companies and Singapore government planners in the outcome of a meeting in Kuala Lumpur on Tuesday to discuss the proposed land-bridge link between Penang and Songkhla in south Thailand. This is
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    • 611 12 SEPT 27. 1995 TO ADAPT Marshall McLuhan, the apostle of modern communications. the visit last week of Indonesian President Suharto itself was the message That it went beyond the Europe-East Asia economic conference, where he delivered the second day's keynote address, and reinforced bilateral ties affirmed the
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    • 663 12 SEPT 26, 1995 IMMIGRATION is a touchy issue in most countries. Nothing illustrates this better than how negatively British politicians have reacted to Hongkong Governor Chris Patten’s suggestion that three million Hongkong residents be allowed to enter Britain. In the United States. Congress is considering reducing the
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    • 900 12  -  By Ng Wei Joo WHEN the secretary-general of the Singapore Democratic Party, Dr Chee Soon Juan, addressed some students at Williams College in the United States last Saturday, what he said struck me as more than a little odd. In his speech, he
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  • Focus
    • 1109 13  -  By Cherian George WHEN television first arrived in Singapore more than 30 years ago, viewers could pick any channel as long as it was Channel 5. This sole frequency carried English, Chinese. Malay and Indian programmes. It probably did not occur to even
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2478 14 Zuraidah Ibrahim and Bertha Henson, both of whom covered the Prime Minister at Williams College, recount the story of how Mr Goh Chok Tong took on the opposition at his alma mater. ON THE eve of his controversial visit to his alma mater in Massaehussetts, Mr
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    • 1015 15 The labour movement is planning to form a housing co-operative to develop executive condominiums. But this concept is not new. As Chua Mui Hoong finds out, housing co-ops have been around for more than 40 years, with one of them having had the distinction of
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    • 1163 15  -  THINKING ALOUD Chua Huck Cheng LAST week, our correspondent Philip Lee reported from Vancouver that Chinese community elders in the Canadian Pacific coast city have been telling Asian immigrants, mainly Hongkongers, to be mindful of local habits and social mores so as
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  • MONEY
    • 7295 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Sect 29.1995 I 1995 High Low Company Curr Last Traded Sala -forVol *000 Day High Low Gra Div Nat P/E M CapWtAvg $mil Price 210 180 Acer 50c us 184 +1 60 185 184 12.5 3046 530 382 m t Acma 50c
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    • 372 17 NOT surprisingly, trading in speculative stocks dominated the market again this week. Counters such as Promet and Ipco International were the favourites of the week with takeover rumours, although at the end of the week Malaysian corporate player John Soh Chee Wen emerged as one
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    • 92 17 ST Industrials Index The Straits fanes Industrials Mei rose 11.64 points on the week to 2120.03. DAY CLOSE TURNOVER Monday 2118.71 10.32) *****m (5416 695m) Tuesday 2120 26 1 55) 234 49m (S492 079m) Wednesday 2112 50 7 76) *****m ($351 280m) Thursday 2107 30 (-5.20) 128 71m
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    • 346 18 Total investments by Republic cross $14.7b mark SINGAPORE’S investments in Indonesia have risen to an approved cumulative total of USSIO.2 billion (5514.7 billion) making it Indonesia’s "most significant partner”, Indonesian Investment Minister Sanyoto Sastrowardoyo said on Monday. Singapore accounted for 8 per cent of
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    • 2503 18 CORPORATE RESULTS Net tarn El'S Dale IX I A TV IV i mi pans •inn (Sm) (Sm) (CtS) lets) As ma Sep 11 X 202 '716 208 .755 Alcorn* Sep 14 14 '10 S.373 i 1 4 3 4 \mcol Sep 21 IX X44 20 217
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    • 537 18  -  By Narendra Aggarwal HOME-GROWN Thakral group’s forthcoming US-dollar listing on the Stock Exchange of Singapore (SES) has hit a high note already, even before the launch of its initial public offering in about a month’s time. The low-profile but powerful Government
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    • 323 18 SINGAPORE’S manufacturing output continued its double-digit growth into July, with higher output volumes registered in all industries except for the petroleum industry, the Economic Development Board (EDB) said on Monday. The overall July growth rate stood at 11.4 per cent, year-on-year, compared to 10.3
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    • 477 19 Research Incentive Scheme for Companies gets s3oom THE Government hopes to secure an additional $1 billion worth of private-sector research and development (R&D) investments with its latest injection of $3OO million into a scheme for companies. The funds are aimed at boosting the R&D
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    • 475 19 Friday Sept 29 HKS ASM Pacific 7 40 l 0 050 Allied Ind Int'l 0 39 unch Allied Oversea 0 54 -002 Asia Sec Int 2 50 unch Bank of EA 25 05 -0 20 C P Pokphand 3 15 -008 CDL Hotel 3 50 0 10 Cafe De
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    • 439 19 Managers’ prices for Oct 02 Singapore Unit Trust The Commerce 154-163 The Savings Fund 1 49- 1 58 S pore Prog Fund 0.58-0 62 S pore Sec Fund 0 91—0 97»d S pore Invest Fund 1 06—112 S pore Equity Fund 0.75—0 80 Credit Lyonnais Int'l Asset Mgt
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    • 234 19 SINGAPORE Airlines (SIA), United Overseas Bank (UOB) and Keppel Corporation are the ton stocks for US institional investors, according to US-based research firm Technimetrics. As at end-June this year, US funds have pumped U *****.8 million (***** million) into SIA. US$39O4 million into UOB
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    • 495 19  -  By Goh Soo May THE Monetary Authority of Singapore (MAS) has made an amendment to the Securities Industry Act which allows for “price-stabilising action’ for non-Singapore dollar denominated initial public offerings (IPOs). The change is aimed at bringing the Singapore stock market in line
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    • 164 19 COUNTER RATES Singapore dollars to one unit ot foreign currency Buying 00 Selling US dollar 1.4093 1 4264 Sterling pound 2.2074 2.2633 Australian dollar 1 0484 1.0808 Canadian dollar 1.0383 1.0632 NZ dollar 0.9087 0.9407 EC unit 1.8693 Singapore dollars to 100 of foreign currency units Austrian schilling 13.8623
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    • 131 19 Contract date: Sept 29. 1995 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US5 5'/4 5 5 5 5 44, 03/10/95 A$ 6 T/ 9 7 7 67'» 64, 5 s 03/10/95 NZS 8 8 8 < 8 7 7 7'»
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    • 638 20  -  They ‘can deal better with implementation and operational problems' By Narendra Aggarwal THE Regional Business Forum, comprising Singapore’s top business leaders, has suggested that private sectordriven business clubs be charged with the responsibility for spearheading the second phase of the Republic’s
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    • 405 20 Exchange doing well despite Barings crisis IN ITS first-ever issued set of interim financial statements, the Singapore International Monetary Exchange (Simex) said it has weathered the Barings crisis to turn in a net profit of $15.2 million for the first
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    • 446 20 SINGAPORE Power (SP) has appointed DBS Bank to lead a consortium of local banks managing its initial public offering (IPO) expected in the middle of next year. The other consortium members are the other “Big Four” OCBC, United Overseas Bank and
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  • Page 21 Advertisements
    • 763 21 1 The Straits Times Weekly Edition CATERPILLAR We invite candidates looking fora challenging and rewarding career to join us We are a US Fortune 500 multinational company, recognised leader of its industry, manufacturer of earth-moving machinery, engines and materials handling equipment. PROGRAMMER/ ANALYST Incumbent designs, develops, implements and supports computer
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  • Page 22 Advertisements
    • 840 22 SINGAPORE TECHNOLOGIES CONSTRUCTION PTE LTD Besides being the first local construction company to be awarded the ISO 9002 Certification, we are a major provider of turnkey (design and build) construction, management contracting and property management services. If you are keen to join the leader in this industry, we offer you
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  • FORUM
    • 224 23 YOU’VE DONE US PROUD: We congratulate Prime Minister Goh Chok Tong for being conferred an honorary degree at Williams College on Sept 16. We are delighted that you were honoured and turned the audience against the critics at a forum. You have done all of us proud
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    • 850 23 Equal room but equal duty too Women’s movement presents case in unfair manner AS IF by roster, members of the women’s movement in Singapore blast men regularly with its old line, which is, basically, that women are not getting what they should be getting and it is the men’s fault.
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    • 733 23 WHETHER the SDP went to Williams College or stayed home, and whatever we said whilst there did not matter to the PAP. The ruling party wasted no time in resuming its attack on the SDP as soon as we
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  • 760 24  -  Better exam passes Training Investments By Chung Tsung Mien PRIME Minister Goh Chok Tong on Tuesday spelled out three challenges for the Malay community in the coming years: improving the quality of passes at national examinations, training and retraining its workers, and investing in
    Picture by TAY KAY CHIN.  -  760 words
  • 389 24  -  By David Miller A 50-YEAR-OLD businessman alleged that he was punched, slapped and then kicked in the groin by a woman driver last Saturday after a traffic dispute. Mr Tan Thiam Loke, who owns a soft drinks company, lodged a police
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