The Straits Times : Weekly Overseas Edition, 4 November 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, NOVEMBER 4, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
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  • 915 1  -  Not in the country’s interest to have it said that judges are compliant or corrupt By Zuraidah Ibrahim THE Singapore judiciary comprised men of integrity and ability whose conduct of cases, judgments and character could all stand up to the closest scrutiny, Mr Lee
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  • 584 1  -  Proposed amendments to the Women’s Charter now go to a Select Committee By Wang Hui Ling PARLIAMENT voted on Thursday to reject Nominated MP Kanwaljit Soin’s Family Violence Bill. The chorus of “nays” came after a lone “aye” when the Bill was
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  • 253 1 LEGISLATIVE history was made on Thursday when the House approved the Maintenance of Parents Bill, the first piece of law to be made at the initiative of a backbencher since independence. The Bill initiated by Nominated MP Walter Woon was passed without debate at its third
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  • PARLIAMENT
    • 1033 2 Senior Minister Lee Kuan Yew on Thursday spoke for 50 minutes on the motion concerning the independence and integrity of Singapore’s judiciary. He touched on a wide range of issues: how Chief Justice Yong Pung How was chosen, how Mr Yong
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    • 479 2 THE $2.6 MILLION MAN “IN 1989, when I asked him to consider the office of Chief Justice, telling him that this was my last appointment before my retirement, he asked for time to consider it. If he agreed, he would have to take
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    • 267 2 High pay for public servants Singapore’s reputation for the rule of law has been, and is, a valuable economic asset, Mr Lee stressed. He also reiterated that public servants, like judges and ministers, must be paid well to ensure the country
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    • 604 3 US human rights groups’ vendetta against Singapore American human rights groups have been waging a vendetta against Singapore since the 1987 Marxist conspiracy episode, Mr Lee said. He also said it was not Dr Chee the Government was going after, but the human
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    • 270 3 On Francis Seow The Senior Minister said that United States-based fugitive lawyer Francis Seow had l)een asked to come back and face the maximum of a few months’ jail, but had refused. Mr Lee also noted that SDP leader Chee Soon -Juan knew he
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    • 514 3 How CJ chooses judges Mr Lee gave a detailed account of how the Chief Justice went about selecting judges and judicial commissioners. Among the things he did were to seek out the most highly respected in the profession by paying attention to their
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    • 813 4 Rigidities removed to meet changing needs of employers, workers and the economy THE Employment Act was amended on Wednesday to meet the changing needs of employers, workers and the economy. Rigidities in the law enacted in 1968 were removed to make the labour market more efficient, and
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    • 441 4 Conveyancing THE mandatory fixed scale of conveyancing fees will be retained for transactions worth $5 million and below, but it will be lowered by between 13.95 per cent and 30.68 per cent, depending on the value of the transaction. This
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    • 511 4 People may not try to solve problems THE Family Violence Bill had its merits but it could result in negative long-term effects, warned Senior Minister of State for Health and Education Aline Wong on Thursday. While a separate law like the
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    • 919 5  -  Move against support for attacks on the judiciary By Zuraidah Ibrahim FOR the second time in two years, Parliament yesterday rapped the Singapore Democratic Party and its chief, Dr Chee Soon Juan, this time for endorsing fugitive Francis Seow’s unfounded attacks on the
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  • HOME
    • 341 5  -  By M. Nirmala SINGAPORE Press Holdings (SPH) is buying Tamil Murasu. the only Tamil-language daily newspaper here, for $500,000. With the purchase, SPH will own all the daily newspapers published here and in the four official languages. The company announced on Thursday that it
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    • 359 5  -  By Chan Sue Meng NICK Leeson, the man at the centre of the collapse of British merchant bank Barings, has resigned himself to being tried in Singapore, where he now believes he will get a fair hearing. Having abandoned any further appeals against his
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    • 468 5  -  City Cab to introduce charge card next year By Pang Pit Kheng TAXI company City Cab will introduce a new charge card, which can be used in Australia as well as in Singapore, next year. The card, Cabcharge, can
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    • 211 6 MR TEO MING KIAN (above) is the new chairman of the Telecommunication Authority of Singapore (TAS). On Wednesday, he took over from Mr Tjong Yik Min. who relinquished his appointments as Permanent Secretary of the Ministry of Communications and TAS chairman
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    • 527 6  -  By Allison Lim THERE is plenty of research money in Singapore, but doctors who want that money must show they are trained in research techniques and present their proposals properly, said Dr Kwa Soon Bee last Saturday. He said that the National
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    • 593 6 Men usually portrayed as authority figures, says Aware EVEN advertisements which target females show, not women, but men in positions of authority. This was one of the findings of a research project of gender stereotyping in advertisements by the Association of Women for
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    • 271 6 SEVEN Singaporean students were given awards on Wednesday for their outstanding performance in the Australian Mathematics Competition held recently. Of the 9,891 Singaporean students from various secondary schools who took part in the competition, the seven obtained perfect scores. A
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    • 601 7  -  By Rav Dhaliwal SINGAPORE Airlines’ leading stewardesses can soon expect to be allowed to return to work after they become mothers. Those who have worked for five years or more with the airline will no longer have to quit
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    • 393 7 THE National Solidarity Party last Saturday launched its manifesto as part of its preparation for the coming General Election. Entitled "Society For All”, the 144-page booklet covers issues ranging from political beliefs to defence and women’s rights. Speaking at the launch at the party headquarters
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    • 458 8 FORMER Singapore Airlines trainee steward Louis Sidney Tan, charged with extorting money from a prostitute, told the court why he saw her repeatedly after his first visit. He said he hoped to get Madam Julie Yong Soo Chok, 43, to
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    • 472 8  -  By Allison Lim IT TOOK about 30 years for an ex-British airman to say “thank you” in person to a boat builder who made him a 50-foot wooden fishing boat to sail back to Britain. On Monday morning, the two men Mr Thomas Williams
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  • Page 6 Advertisements
    • 60 6 SEND FLOWERS TO SINGAPORE AT THE LOWEST COST IN THE WORLD SINGAPORE FIRST INTERNET ON-LINE FLORIST You could send flowers/gifts to your loved one back home. See the actual design before you order, there are 50 designs, from $40.00 onwards, look into joaquim home page... http:// www.gs.com.sg/joaquim/ Joaquim Florist Gifts
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  • 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,
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  • Page 8 Miscellaneous
    • 1249 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 T he Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 E Z Beat
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  • SPORTS
    • 469 9  -  SOCCER By Joe Dorai SINGAPORE’S top striker Fandi Ahmad has been offered a $600,000 a year contract by Brunei to play in next year’s Malaysian Premier and Malaysia Cup tournament. The offer came through a Brunei businessman who is an ardent supporter of Brunei
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    • 250 9  -  By Peter Khoo TWO live telecasts a week. That is the aim of the Singapore Professional Football League as it bids to bring next year’s competition into living rooms. “It is important that we bring the game to as many Singaporeans as possible,’’
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    • 225 9 AN EX-HARLEM Globetrotters basketball player dribbled his way into the hearts of about 100 educationally subnormal students at the Arthur Road Training Centre on Friday last week. There were no side-split-ting court antics, but the teenagers were all smiles as the 2.08-m Robert Aston, 52,
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    • 523 9  -  Wagering on your favourite horse just a phone-tap away but picking up winnings to take a while By Malcolm Bastians PUNTERS who love the feel of immediate cash in their hands after a win may have to get used to relatively slow money
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  • MALAYSIA
    • 407 10 KOTA BARU The Defence Ministry is conducting a study on the selective conscription of youths into the armed forces, according to The Star. The newspaper on Monday quoted Defence Minister Datuk Syed Hamid Jaafar Albar as saying that conscription offered some advantages.
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    • 266 10 PORT KLANG The government is seriously considering doubling handling charges at Port Klang for containers sent to ports in neighbouring countries for transhipment to third countries. Transport Minister Datuk Seri Dr Ling Liong Sik has said. Speaking at a press conference
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    • 319 10 JOHOR BARU Lorry operators here have said that the increase in levy on goods vehicles leaving and entering the country will not necessarily encourage the use of local ports but will instead affect foreign investors. The Star on Monday quoted
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    • 478 10 NST. LANGKAWI Malaysia is set to emerge as a centre for the production of cars for the rapid-ly-growing Asian market. Prime Minister Datuk Seri Dr Mahathir Mohamad has said. He said on Saturday last week that although the country’s car industry
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    • 185 10 Bernama. KUALA LUMPUR Actress Sofia Jane, awarded M 5400,000 (*****,000) in damages by the High Court here on Tuesday in a defamation suit, said the whole amount would be donated to charity. The court ordered the Chief Editor of the weekly
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    • 438 10 NST. KUALA LUMPUR Multinationals and corporations can apply for licences to set up private universities in Malaysia once legislation enabling them to do so is passed by Parliament. However, approval would be considered only after the Private Higher Education Bill
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  • SOUTH-EAST ASIA
    • 355 11 Reuter. JAKARTA A deep-sea port, which is expected to be the largest bulk port in South-east Asia, is under construction on an island off Indonesia’s side of Borneo, company officials said. Mr Hashim Djojohadikusumo, president of PT Indonesia Bulk
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    • 431 11  -  By Sinfah Tunsarawuth in Bangkok THE Thai government has launched a drive to encourage Thais to spend their holidays in their own country, as its net tourism earnings declined with more Thais taking trips abroad. Foreign tourists represent the single largest
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    • 228 11 Reuter. JAKARTA An Indonesian fishing company had told Thai seamen applying for jobs to obtain certificates verifying they did not have Aids, the official Antara news agency said on Sunday. It quoted Mr Johan Sanggelorang, director of PT Istana Samudera, which operates
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    • 254 11  -  By Nirmal Ghosh Manila Correspondent THE full restoration of diplomatic ties with Singapore had to undergo various procedures, and was being handled at the ministerial level, President Fidel Ramos said on Thursday. Commenting on his recent meeting with Prime Minister Goh Chok
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    • 215 11  -  UAE Filipino-maid case By Nirmal Ghosh Manila Correspondent MANILA will not make any official appeal against the sentence of 100 lashes and one year in jail imposed on Monday by a United Arab Emirates court on 16-year-old Filipino maid Sarah Balabagan. Executive Secretary
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  • COMMENT / ANALYSIS
    • 672 12 NOV 4, 1995 NOMINATED MP Kanwaljit Soin was being unnecessarily modest in claiming that her abortive Family Violence Bill had sensitised some MPs to the issue. It has done more than that. Her passionate concern has made the entire country acutely aware of a problem
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    • 643 12 NOV 2. 1995 FOR anyone concerned with the future of trade unions, three trends are critical. The first is the worldwide threat to jobs in industries which traditionally have been mass employers. The second is the rise of the knowledge worker in an informationdriven global
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    • 675 12 NOV 1. 1995 SUCH has been the depth of Francophone feeling exposed over Quebec’s sovereignty referendum on Monday that the result, which confirms that Quebec stays within Canada, could turn out to be the less crucial benchmark established by the voting. The more enduring one would
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    • 764 12  -  By Sia Cheong Yew IT IS that time of the year again when students burn the midnight oil to study for their critical promotional examinations. They know that doing well will give them a headstart towards their chosen careers
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    • 1081 13  -  By Chua Mui Hoong THOSE Singaporeans who think of themselevs as liberals and who want more say in governance have tended to look at the limits of political discussion, the impartiality (or lack of it) of the media. and how the Government
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    • 847 13  -  By Ng Wei Joo THEY say that politics makes for strange bedfellows. Nothing reflects this more than the Singapore Democratic Party (SDP) and the Singapore Malay National Organisation (PKMS) reaching an electoral pact with an agreement they signed on Oct 21. Before an
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1772 14 Thousands of foreign workers risk long jail sentences to work in Singapore illegally. Why do they do it and what can be done to stem the flow? Zuraidah Ibrahim reports. THEIR weekend haunts are well-known, but during the week, they appear in public mostly ferried
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    • 305 14 ON OCT 18, a well-dressed Indian national looking like a businessman in a long-sleeved shirt, tie and new shoes arrived at Changi Airport from Madras. But the immigration officer noticed that he seemed ill at ease in his attire. His tie’s brand tag
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    • 1202 15 At a public lecture earlier last week, the United States’ envoy to Australia and former representative to the United Nations, Mr Edward Perkins, said that a commitment to universal human rights was one of four continuities girdling US foreign policy.
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    • 1011 15  -  THINKING ALOUD Han Fook Kwang IF THERE was a scheme to enhance the value of your home, would you not welcome it with open arms and give it your full support? If someone were to offer to build a facility nearby which would
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  • MONEY
    • 7330 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Nov 3, 1995 1995 Curr Lost Vol Day Gr's Net M Cep Wt Avg High Low Company Traded Sale +or- '000 High Low Div P/E Smil Price 210 176 Acer 50c US 185 -3 234 186 185 12 6 306 3 490
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    • 333 17 THE Singapore market was faced with the aftermath of the Malaysian Budget this week. News of the Msloo,ooo levy on foreigners buying property in Malaysia and the increase in property gains tax announced at the Budget last Friday sent the share prices
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    • 82 17 DAY—TO —DAY STOCK INDICES ST Industrials Index The Straits Times Industrials Index tel 1.15 points on the week to 2097.28. DAY CLOSE TURNOVER Monday 2100 16 5 27) 48.934m ($115 859m) Tuesday 2107.38 7.22) 49.327m (1144.333m) Wednesday *****4 684) 62.420m (J177.109m) Thursday 2099.38 (-1.16) 72.054m ($173 152m) Friday 2097.28 (-2.10)
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    • 284 18  -  By Chan Sue Meng OUTSTANDING debt on credit cards hit a new high for the second consecutive quarter this year, reaching $763.3 million in July-September. But bad debts written off by banks fell to $3.6 million, or only 0.2 per cent of total card
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    • 582 18  -  Bid to attract wafer fab plants to S’pore By Tammy Tan THE Economic Development Board (EDB) is discussing with at least 20 of the world’s top chip makers, including Intel. NEC and Toshiba, the establishment of wafer fabrication plants in Singapore. An
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    • 2818 18 CORPORATE RESULTS < oinpans Date ann Net IN (Sm) Karn IN (Sm) EPS IN IN (cts) lets) Aetna Sep 11 1 8 202 3 '16 20 8 35 5 Alcorn* Sep 14 1 Id 510 9.373 1 1 4 4 Alliance Tech Sep 1 1 5N9L
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    • 288 18 INVESTORS are now more conscious of the pitfalls and hazards of emerging markets, although they continue to seek the abundant opportunities these markets offered, said Deputy Prime Minister Lee Hsien Loong on Monday. Brig-Gen (NS) Lee was speaking about the opportunities and challenges
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    • 278 19 THE Port of Singapore Authority (PSA) has topped, for the second year running, a global ranking of 48 countries covering the extent to which port infrastructure meets business requirements. It scored 9.71 out of a maximum 10 points in the recent 1995 World
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    • 458 19 Friday Nov 3 HKS ASM Pacific 7.35 unch Allied Ind Int'l 0.38 0.02 Allied Oversea 0.56 -0 01 Asia Sec Int 2.50 unch Bank of EA 27 50 4 0.05 C.P. Pokphand 3.10 -0.02 CDL Hotel 3.45 0.03 Cafe De Coral 1.96 unch Cath Pac Air 11.35 0.15 Century
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    • 479 19 Managers' prices, Nov 6 Singapore Unit Trust The Commerce 1.49 1 58 The Savings Fund 1 43 151 S pore Prog Fund 0.55—0.59 S pore Sec Fund 0.86 —0 91xd S pore Invest Fund 1 04—110 S pore Equity Fund 0.72 —0.76 Credit Lyonnais Int'l Asset Mgt Cl
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    • 194 19 JAPAN’S Sumitomo Corporation will shift most of its head office operations for its Asian eleetronie parts business to a holding company in Singapore to be set up by year-end, a company spokesman said on Tuesday. The new holding company, to he incorporated
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    • 588 19  -  Going regional By Kalpana Rashiwala in Kuala Lumpur LISTED retailer C.K. Tang is looking for local partners to divest part of its Malaysian store, which it opened here on Friday last week. The group also plans to seek a listing on
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    • 150 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.4056 1.4227 Sterling pound 2.2025 2.2575 Australian dollar 1.0510 1 0843 Canadian dollar 1.0387 1.0636 NZ dollar 0.9072 0.9390 EC unit 1.8459 Singapore dollars to 100 of foreign currency units Austrian schilling 13.7985 14.4231
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    • 131 19 Contract date: Nov 3, 1995 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CAU VALUE DATE USX 5 5 8 5 h 5 4 7 4 V* 07/11/95 A$ 6‘6‘« 6‘* 6*4 6*« 5 11 07/11/95 NZX 7-2 7 5 7 Vi 7'4 7
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    • 478 20  -  Actions taken will include moratorium on future issue of cards By Chan Sue Meng THE Monetary Authority of Singapore (MAS) has warned that it would take serious action against any bank or credit card issuer found to have flouted its guidelines
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    • 450 20 LOCAL demand for information technology grew by a third to $2.8 billion last year, and continued high grow'th is expected for the next two vears. says Acting Prime Minister Lee Hsien Loong. At the opening of Comdex Asia, the inaugural Asian
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    • 281 20 THE Trade Development Board (TDB) plans to set up new offices in Jakarta and Manila next year as part of its efforts to establish a strong regional presence. Its new office in Kuala Lumpur will open later this month. Yet another
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    • 383 20  -  By Goh Soo May AN ERROR on the part of a financial institution here has apparently caused property tycoon Ng Teng Fong to accept his own takeover offer for Yeo Hiap Seng (YHS). It has also resulted in the
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  • Page 21 Advertisements
    • 718 21 The Straits Times Weekly Edition «111 8 SINGAPORE INSTITUTE OF MANAGEMENT SIM is the premier private human resource development institute in Singapore. It is a professional membership organisation with over 13,000 individual and corporate members. It offers a comprehensive range of human resource development programmes from certificate to post-graduate degree
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  • Page 22 Advertisements
    • 996 22 Service Quality Ceittre For Service Excellence We are a Service Quality training and consultancy organisation with offices in the ASEAN region. Our mission is: "We serve other companies by helping them succeed in Service Excellence." SQ Centre has helped over 400 organisations on their journey towards Service Excellence. To date,
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  • FORUM
    • 521 23 Grassroots bodies sensitive to needs of all sections of community I REFER to Mr Syed Danial Syed Taha’s letter “Grassroots events must cater to all races” (ST, Oct 26). Based on one single event, Ms Chiang Yin Pheng (Sunday Review, Oct 22 and reproduced in The
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    • 164 23 I REFER to your report on “Singapore International School moves to new Hongkong premises” and editorial “Let’s have more schools aboard” (The Straits Times Weekly Edition, Sept 16, 1995) in which you suggested that Singapore International School can
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    • 365 23 I REFER to Mr William Morton’s letter “S’poreans work longer hours, so not fair to retire at 67" (see this page). The writer seems to be under the impression that, with the legislation of the minimum retirement age, employees can
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    • 231 23 THE latest episode of TCS’ Talking Point attempted to justify the Government’s move to raise the retirement age eventually to 67. One premise that was expounded is that elsewhere in the world, the retirement age is already set at
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    • 294 23 WHEN TO RETIRE? IT WAS interesting to read Mr William Morton’s argument that the age of retirement should be linked to the working hours per week (see this page). However, his argument is flawed. It assumes that a man’s working life
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    • 352 23 SINGAPOREANS aged 70 and above who intend to visit Australia, be prepared for a mild shock! The Australian High Commission implemented a ruling recently that requires all Singaporeans in that age group (no exceptions made) to have a mandatory medical examination
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  • 552 24 PRIVATISATION of government services is a painful, difficult process, but once achieved, it can yield positive results more competition, more innovation, greater efficiency and better service for consumers in the long run. Deputy Prime Minister Lee Hsien Loong said on Monday. Speaking
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  • 556 24  -  The board will be the lead agency for on-the-job training, manpower planning and development, and retraining for economic restructuring. It will integrate 3 govt agencies By Douglas Wong A NEW Singapore Productivity and Standards Board will be launched next year to enhance economic competitiveness
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  • 293 24 THE new Miss Tourism is a microbiology honours graduate of the National University of Singapore who speaks English, Malay, Mandarin, Hokkien and Teochew. Miss Robbie Lee Sabnani, 23, was crowned on Friday last week before 1,000 people at the finals of the 1995 Miss Singapore
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