The Straits Times : Weekly Overseas Edition, 25 November 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 17 1 The Straits Times WEEKLY EDITION SATURDAY, NOVEMBER 25, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only
    17 words
  • 771 1  -  Asks for stand on foreign press attacks By Lim Li Hsien ATTORNEY-GENERAL Chan Sek Xeong has asked why the Law Society had failed to defend Singapore’s legal system and judiciary when they were attacked by the foreign press recently. If the Law
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  • 746 1  -  He faces 11 counts of forgery and fraud Extradited from Frankfurt: The rogue trader who brought down Barings By Chan Sue Meng FORMER futures trader Nick Leeson was charged in court yesterday with 11 counts of forgery and fraud linked to the massive losses that broke the
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  • NEWS FOCUS
    • 477 2  -  The Hammer made “false and baseless allegations” By Ng Wei Joo THE Workers’ Party has apologised to five PAP Indian MPs for making “false and baseless allegations” against them in an article published in the August issue of its party organ, The
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    • 659 2 PEOPLE who do not understand the special conditions facing the country and are tempted to vote for the Opposition can bring great danger to Singapore, warned former Deputy Prime Minister Goh Keng Swee on Wednesday. While the PAP has
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    • 180 2 THE Economics of Modernisation, The Practice of Economic Growth, and Wealth of East Asian Nations. The first two books were published in 1972 and 1977 respectively when Dr Goh was a Cabinet Minister holding the Defence, Education and Finance portfolios. They comprise selected
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    • 545 2 SINGAPOREANS must take regional competition in their stride, for if they worry that others will catch up and Singapore will be finished, the country will fail, said Deputy Prime Minister Lee Hsien Loong. “Singapore must assume that even when everybody
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    • 788 3  -  By Ng Wei Joo SINGAPORE students outperform many of their counterparts in other countries in mathematics, according to the results of an international study. The 2,400 Secondary 2 pupils from seven schools who took part in a series of tests as
      Timesgraphics  -  788 words
    • 309 3 SINGAPORE’S systematic approach towards mathematics teaching and learning has inspired a pilot project which will be launched in 50 to 100 schools in Britain next year. Professor David Burghes from Exeter University and director of the Kassel Project told The Sunday Times
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    • 456 3  -  By Elena Chong HOUSEWIFE Sng Siew Ngoh, who blinded her Filipino maid, was last Saturday found guilty and sentenced to a total of 28 months’ jail on three charges of maid abuse. Her counsel, Mr Peter Low, has filed notice of appeal. She
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    • 393 3  -  By Douglas Wong SINGAPORE Technologies Pte Ltd (ST) the operational headquarters of the Singapore Technologies Group said yesterday that its managing director Ho Ching has resigned with effect from Thursday. ST executive chairman Yeo Ning Hong will assume her executive responsibilities,
      393 words


  • HOME
    • 904 4  -  Grouping will be driving force in WTO By Lee Kim Chew m Osaka PRIME Minister Goh Chok Tong on Monday described the Apee summit as "a huge success" and said the 18-member grouping would be a driving force in the World Trade Organisation. 'I
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    • 483 4  -  By Leong Chan Teik TIBS achieved a world first on Thursday in using a satellite system for tracking and despatching taxis to commuters. Its system, dubbed Sky Trek, can handle 1.000 phone bookings an hour when it is extended to the entire
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    • 372 4 WORKERS should not expect higher bonuses this year even though third-quarter figures showed a better-than-expected 9-per-cent growth in the economy. The Minister without Portfolio. Mr Lim Boon Heng. on Friday last week said that the economy was still expected to grow
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    • 449 4  -  Treatment will be available for all first-timers By Tan Yong Meng NEW addicts with no previous drug record will soon be able to surrender to the Central Narcotics Bureau and receive treatment, without being penalised or acquiring a criminal record. If
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    • 365 5  -  By Tan Hsueh Yun SINGAPORE has lost some islands and gained some new ones. The Land Office said on Tuesday that it was necessary to review the names of the islands off Singapore in view of the reclamation works carried out by the
      Timesgraphics; Source: Land Office  -  365 words
    • 472 5  -  By Elena Chong TWO Malaysians on Tuesday escaped the death penalty narrowly. Anthony Dass Marisuseh, 20, and Kesavan Mutusamy, 23, were accused originally of trafficking in 938.89 g of cannabis at Woodlands Street 13 on Feb 4 last year. But at the end of
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    • 421 5  -  Money from subsidies, donations, fund-raising By Leong Ching Ching A NEW hospital in Bukit Batok will open next year to provide low-cost medical treatment for the elderly. The St Luke’s Hospital for the Elderly will have room for
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    • 914 6 ATTORNEY-GENERAL Chan Sek Keong cited the Michael Fay and Flor Contemplacion cases when he urged lawyers on Friday last week to watch what they said to the foreign press. He told them to be more circumspect when picking the
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    • 539 6 THE police have clear and tough guidelines to weed out rogue officers whose actions erode the public’s trust and confidence in the force, the police chief said. Mr Tee Tua Ba added that it would be disastrous if there were no trust
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    • 400 6 SOCIAL and recreational facilities provided by the labour movement for ordinary workers break barriers between high and low-income Singaporeans. These facilities including holiday resorts and a golf and country club are usually enjoyed by managers and executives. NTUC chief Lim Boon Heng said
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    • 423 7 FORMER Singapore Airlines trainee steward Louis SidneyTan was on Friday last week acquitted of extortion and attempted extortion after his defence was called. On hearing the decision of District Judge Hamzah Moosa, a relieved Tan, 23, turned around and smiled at his mother,
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    • 384 7  -  SIA stewardess murdered in Los Angeles By David Miller SINGAPORE Airlines flight steward Zaini Jeloni, a suspect in the murder of an SIA stewardess in the United States last month, was on Tuesday ordered by a subordinate court to be remanded here for one
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    • 437 8  -  By Jason Tan A 38-YEAR-OLD bumboat operator and fisherman who caught two sharks in the sea off Pulau Tekong in the past month now hopes to catch more sharks alive. First. Mr Chong Choon Seng hooked a 1.8-m-long shark on Oct 8. On Nov
      Shin Min picture.  -  437 words
    • 257 8 A LAWYER was sentenced to three months’ jail on Tuesday for criminal breach of trust of $7OO. Legal Assistant Vivienne Wee, 28, lied to three clients on separate occasions about the fees for their divorce cases. The court heard that
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  • Page 5 Advertisements
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  • Page 7 Advertisements
    • 190 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
    • 1262 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31V 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
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  • SPORTS
    • 557 9  -  By S. Murali GOLF FOR an hour, he remained at the cocktail reception signing autographs and posing for pictures. It was an unscheduled session, but he never turned anyone away. Some even returned to have their photographs taken again with the
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    • 491 9  -  SINGAPORE GOLF CIRCUIT Guan Soon on 221. By S. Murali. M. MURUGIAH left the backdoor wide open and Dino Kwek sneaked in to take the $30,000 Sembawang-leg of the local golf circuit with a birdie in the first play-off hole last
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    • 431 9  -  HO CHI MINH CUP FINAL By Joe Dorai IT WAS double joy for Singapore captain Fandi Ahmad in Ho Chi Minh City on Sunday. The striker not only scored the winning goal for Singapore to beat Ho Chi Minh City 1-0
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    • 315 9  -  By Santokh Singh FRESH from her victory in Belgium last Sunday, newlycrowned world champion Jojo Sinclair returned home on Tuesday and said that she is thinking of turning professional. Her triumph over 36 other competitors in the lightweight (52kg) division, at the International Body Builders Federation’s
      Picture by JERRY SEH.  -  315 words

  • MALAYSIA
    • 519 10  -  He dismisses talk that he will challenge Dr Mahathir By Salim Osman in Kuala Lumpur UMNO deputy-president Datuk Seri Anwar Ibrahim on Thursday quashed all speculation that he would challenge Datuk Seri Dr Mahathir Mohamad for the Umno presidency in next year's party elections. He
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    • 386 10 NST. KUALA LUMPUR Royal Malaysian Air Force (RMAF' pilots will team up with their Russian counterparts to fly up to three MiG-29N Fuicrums for the Langkawi International Maritime and Aerospace (Lima 95) exhibition next month. Defence Minister Datuk Syed Hamid
      NST.  -  386 words
    • 154 10 Bernama. KUALA LUMPUR For-ty-four Malaysian scientists working in foreign countries had contacted the Science, Technology and Environment Ministry expressing their desire to return home since 1993, the Dewan Rakyat was told on Tuesday. However, only one of them had been appointed lecturer
      Bernama.  -  154 words
    • 308 10 Status of Chinese and Tamil language schools to be retained AFP. NST. KUALA LUMPUR Malaysia’s Cabinet has approved a draft of an Education Bill, which will extend the scope of Islamic religious education but still retain the semi-inde-pendent status of Chinese and Tamil language
      AFP.; NST.  -  308 words
    • 254 10 Bernama. MELBOURNE A Malaysian was jailed for life for importing into Australia heroin with an estimated street value of As4o million (SS42 million) in 1992. Tan Hee Lon. 56, who lived in the Melbourne suburb of Gladstone Park, was
      Bernama.  -  254 words
    • 291 10 licit sex in Johor. Bernama. JOHOR BARU Muslims guilty of zi'na (illicit sex) might be given six strokes of the cane in addition to a maximum fine of M 53.000 (551.680) and three years in prison under an amendment to the svariah (religious)
      licit sex in Johor. Bernama.  -  291 words

  • SOUTH-EAST ASIA
    • 262 11 Jakarta mobilises 2,500 military personnel in crime crackdown AFP. JAKARTA The military has mobilised 2,500 personnel to assist in a crime clean-up operation here, a spokesman for the City Military Command was quoted in reports on Thursday as saying. Lieutenant-Colonel Didi Supandi said 1,300 of the men
      AFP.; Reuter picture.  -  262 words
    • 557 11  -  But Feisal downplays threat to Indonesia By Paul Jacob Jakarta Correspondent ARMED forces chief Feisal Tanjung has said that China, India and Japan are emerging as new military forces in the region in the aftermath of Washington’s reduced military presence in the
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    • 139 11 AFP. MANILA A Philippine congressman on Tuesday filed a Bill to punish rapists by amputating their penis rather than executing them, saying that such a punishment would be “worse than death itselP*. Congressman Leopoldo San Buenaventura argued that the capital-punishment law had failed to
      AFP.  -  139 words
    • 289 11 AFP, Reuter. MANILA Almost 10 years after she was forced to flee the country leaving behind 3,000 pairs of shoes, former Philippine First Lady Imelda Marcos, said on Tuesday that her collection of footwear was bigger than ever. The 67-year-old widow
      AFP,; Reuter.  -  289 words
    • 282 11 Kyodo. JAKARTA Members of Asean will help Laos and Cambodia in their efforts to join the group, according to a draft declaration of the forthcoming Asean summit in Bangkok in December. The draft, a copy of which was obtained by Kyodo News Service, said:
      Kyodo.  -  282 words

  • COMMENT / Pick of the week’s editorials
    • 656 12 NOV 25. 1995 STRONGHOLD of Sri Lankas rebel Liberation Tigers of Tamil Eelam. Jaffna may fall any day to government troops. Poised on the outskirts of the town, they have cut off exit points and blocked the southern highway. The government also controls access by
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    • 672 12 NOV 22. 1995 IN A Worldnet interview with Asian journalists to discuss the state of Apec. America’s chief negotiator Sandra Kristoff was clear-sighted about how the Asia-Pacific Economic Cooperation forum should progress Blake Island and Bogor set down the political commitment for free trade, she said,
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    • 661 12 NOV 21. 1995 THE Osaka meeting of Apec has turned out better than could have been hoped for even a week ago. when officials working on a statement of action for their leaders to proclaim were bogged down over matters that were not only less pressing
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    • 741 12  -  By Yeong Ah Seng LAST week's announcement by the Environment Ministry that the smoking ban in public places will be extended further from Dec 1 is one more turn of the ratchet in the long-running anti-smoking campaign which began in 1970 with the ban
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  • COMMENT/ANALYSIS

  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2026 14 If there was any pretence of a united, monolithic women’s movement here, it was shattered by the recent debate over the Family Violence Bill. The fate of NMP Kanwaljit Soin’s Bill was sealed when it was opposed in Parliament not only
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    • 1154 15  -  THINKING ALOUD Leslie Fong IS THERE a dearth of critical thinking in Singapore? The Political and Economic Risk Consultancy Limited (Perc) certainly thinks so and said as much in its latest fortnightly report to clients. It came to this conclusion after it
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    • 1072 15 Opposition MP Ling How Doong’s recent outburst in Parliament raised eyebrows, not least because decorum must be maintained in the House. What constitutes unparliamentary language and what punishment can be meted out to errant MPs? Chua Lee Hoong reports. BUKIT Gombak MP Ling
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  • MONEY
    • 7608 16 L INDUSTRIAL AND COMMERCIAL Transaction Date: Nov 24. 1995 1995 Curr Last Vol Day Gr's Net M CapWtAvg High Low Company Traded Sale +or000 High Low Div P/E $mil Price 210 176 Acer 50c US 183 unch 27 183 182 12 4 3029 490 313' ret Aetna
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    • 367 17 THE Singapore stock market generally took its cue from the Malaysian bourse this week. Activity on the local front was dominated by Malaysian stocks traded on Clob International. The KL market, after seeing a low of 840 finally rebounded this week, with buying by
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    • 91 17 ST Industrials Index The Straits Times Industrials Index rose 22.59 points on the week to 2100.00. DAY CLOSE TURNOVER Monday 2086 88 9.47) 66.369m (J177.823m) Tuesday 2102 64 15.76) *****m ($293 1 49m) Wednesday 2107.22 4 58) 151.35m ($313 410m) Thursday 2102.56 (-4 66) *****m ($316 477m)
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    • 552 18  -  Full-year figure set to hit all-time high, says Cheow Tong By Kwan Weng Kin Tokyo Correspondent OSAKA Japanese investments in Singapore this year are expected to reach an all-time high of over SSI billion, visiting Trade and Industry Minister Yeo Cheow Tong disclosed on
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    • 1166 18 c#mMnv Otf MMI Not torn TV LY («<n> (»m> CPS TV LV tett) <m> AIS8* Oct 30 P 8.737 2.175L 8.5 Alliane» T»ch Sap 27 1 1.5891 0.002 Amcoi S»p 2, 1 16.844 20.217 5.8 69 Am»t»#l* Sap 26 P 125.742 123.204 10.2 11.5 Amt»» Eng Oct 25
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    • 869 18 Paymant <%> Cx data 11 Fay data AiSB SOC b 5 Oac 22 Jan 9 Jan 29 Antan Midgs SOC 6 4»2TE Nov 30 Dac 14 Jan 5 Auric Pac 50C F 3N Nov 9 Dac 5 Dac 15 Barnyj Croup F 6 NOV 1 Nov IS 0#c
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    • 225 18 RIGHTS ISSUC Company Patio Cadato Books close Acc 6 Paymt PJ 0»v Mldgs One for-fivo M$1 80 Oct 20 Nov 6 Doc IS ■onus issue Company Ratio [>• data ll Acc 6 Paymt PJ Oov Hldgs Ono-for-fivo Oct 20 Nov 6 MAA Onoforoight Nov 7 Nov 21 Koch
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    • 126 18 Company Bonus Issue Amtek Eng One-for-two Company Others Berjaya Rights issue of a min of Leisure M$226m and up to a max of M$303m nominal amount of 5-year 8.0% ICULS '95/2000 at 100% of the nominal amount on the basis of M$1.00 nominal amount of ICULS for every
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    • 302 18 THE Monetary Authority of Singapore (MAS) and Bank Indonesia have concluded a Memorandum of Understanding on a repurchase agreement. An MAS statement last Saturday said that the repurchase agreement will provide an alternative source of liquidity which either monetary institution can draw on whenever
      302 words
    • 286 18 SINGAPORE'S manufacturing output rose 9.6 per cent in the first nine months of this year, led by 16.8 per cent growth in the output of fabricated metal products and 16.2 per cent growth in electronics output. For September, manufacturing output was 11.7 per cent higher than
      286 words
    • 242 19 THE Trade Development Board (TDB) will be opening two or more representative offices in Russian cities by January next year to facilitate business dealings in the Russian market and to strengthen bilateral economic ties. These will be its first in the
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    • 413 19 Friday Nov 24 HKS ASM Pacific 6.30 •I 0.050 Allied Ind Int'l 0.34 unch Allied Oversea 0.52 unch Asia Sec Int 2.45 unch Bank of EA 27.15 0.05 C.P. Pokphand 3.10 -0.10 CDL Hotel 3.40 unch Cafe De Coral 1.80 -0.01 Cath Pac Air 11.10 unch Century City 1.73
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    • 437 19 Managers’ prices, Nov 27 Singapore Unit Trust The Commerce 1 49—1 58 The Savings Fund 144-152 pore Prog Fund 0.56-0 60 S pore Sec Fund 0.88—0.93xd S pore Invest Fund 1.03-109 S pore Equity Fund 0 73—0.78 Credit Lyonnais Int'l Asset Mgt CL Asia-Pac Gr Fund 2.355—2 475**
      437 words
    • 333 19  -  By Douglas Wong SINGAPORE’S diversified Wah Chang Group has clinched a $45 million engineering contract for Hongkong's new Chek Lap Kok airport, beating established players such as Chiyoda, Mitsui and NKK. Its wholly owned subsidiary, Wah Chang Engineering Corporation (Wenco), is
      333 words
    • 335 19 Both selected for carving out market niches THE level of technology within a product is inconsequential when it comes to building up a wellknown international brand name, as the two winners of this year’s Lianhe Zaobao-Endec Entrepreneurship Excellence Awards proved. The winners, Mr Henry
      335 words
    • 107 19 AFP. SEOUL Singaporeans are the world’s most enthusiastic users of electronic pagers, followed by Hongkongers and South Koreans, a Korean telecommunications institute said on Monday. The number of pager subscribers in Singapore was a world-leading 23.4 per cent of the population, trailed by cosmopolitan Hongkong
      AFP.  -  107 words
    • 145 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.4012 1.4183 Sterling pound 2.1711 2.2262 Australian dollar 1.0241 1.0573 Canadian dollar 1.0271 1.0518 NZ dollar 0.9017 0.9334 EC unit 1.8523 Singapore dollars to 100 of foreign currency units Austrian schilling 13.8386 14.4654 Belgian
      145 words
    • 273 19  -  By Koh Keat Kian BRISBANE Visa International’s card sales volume in Singapore has risen 19 per cent to U 552.62 billion (553.57 billion) this year. The figures were released by the company yesterday at the Visa Asia-Pacific Members’ Conference here. It was
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    • 129 19 Contract date: Nov 24, 1995 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 5' 9 5V« 5 s 5 4 7 4Aj 28/11/95 AS 6 4 4 6*4 6 3 4 6H 6'2 5 3 4 28/11/95 NZS 7 1
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    • 535 20  -  By Kalpana Rashiwala NTUC Fair Price will open at least 10 more stores in Singapore in the next two years to increase its market share, but it will not seek a public listing as it is sticking to its
      535 words
    • 416 20 LUM Chang Holdings has expanded its stable of hotels by buying the Holiday Inn Kensington in London for £122.18 million (5548.6 million). Lum Chang’s executive director Lim Jit Poh said on Friday last week the company’s subsidiary, LC Hotels, had bought the 162-room
      416 words
    • 266 20 SINGAPORE is willing to sign bilateral pacts designed to stabilise the region’s currency markets with those Asean countries keen to do so, the Monetary Authority of Singapore (MAS) said on Tuesday. The Republic is expected to sign a bilateral repurchase or repo agreement
      266 words
    • 356 20 THE OLDEST of major Swiss banks, Credit Suisse, has made its Singapore office the regional centre for South-east Asia. At the same time, it is setting up a regional treasury here. The managing director of the regional centre, Mr Alex Widmer, said: “Based
      356 words





  • Page 21 Advertisements
    • 788 21 The Straits Times Weekly Edition ii > Information Systems Services (ISS) plans, develops and manages the internal information systems of Arthur Andersen Worldwide Organisation which operates under two business units Arthur Andersen and Andersen Consulting. ISS presently has one immediate vacancy for: IT PROFESSIONAL The Job Provide support to users
      788 words

  • Page 22 Advertisements
    • 760 22 RE Manager This is a senior position with responsibilities in all aspects of SlA’s operations in a particular country. These include Airport Operations, Marketing, Finance, Administration, Personnel and Property Administration. For further career advancement and development, there will be opportunities for postings in Head Office. REQUIREMENTS A good honours degree
      760 words

  • FORUM
    • 485 23 Plenty of options should be provided in both the public and private sectors, with a very gradual extension of the retirement age and provision for flexi-hours, part-time work, change of work, different pay and benefits. I AM concerned that no women were appointed
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    • 234 23 I REFER to your report “Law Society failed to defend legal system: A-G” (see page 2), The authorities had been quick to tell the Law Society to stay out of politics. Now that adverse comments have been made against our
      234 words
    • 224 23 I REFER to the article “Smoking ban in public places to be extended from Dec 1” and am looking forward to the ban being carried out fully. However, it is an irony that the Environment Ministry tries to set up bans
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    • 195 23 I WAS quite perturbed when I read about the loyalty of professional sportsmen to the country and their millionaire status being linked to their bread and butter decisions. Try telling the CEOs that since they have already made more than enough to last
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    • 294 23 I AM surprised Mr Soh Gim Chuan wrote "Law Society right in keeping out of political fray’’ (this page) to defend the failure of the Law Society to defend our legal system. The legal system of a country is the basic infrastructure
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    • 529 23 I READ with excitement last week about news of the proposed reduction of scale costs of conveyancing. My excitement simmered down as I thought deeper on the whole issue of costs. Besides the lawyers’ professional charges which are dependent upon the aforesaid
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  • 690 24 Abdullah unveils package of measures A PACKAGE of measures will be implemented to ensure that families remain strong in Singapore, and those in trouble receive help. Coming up is an expanded, coordinated network of Family Service Centres which will lead efforts by neighbourhood
    Picture by ALPHONSO CHAN.; Timesgraphics  -  690 words
  • 242 24 CASH-STRAPPED families in distress should get financial help to tide them over difficult times. The Inter-Ministry Committee on Dysfunctional Families. Juvenile Delinquency and Drug Abuse said such help would prevent family conflicts from getting worse. It suggested the Ministry of Community Development conduct studies to
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  • 460 24  -  Underpasses, mails, queues affected By Dominic Nathan F'ROM Decl smoking will be banned in air-conditioned shopping malls, i>edestnan underpasses ano ah lueues in public places, including dries for taxis and buses. acting Environment Minister Teo Chee Hean announced the
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  • 241 24 SMOKING will eventually he banned in discotheques, bars, karaoke lounges and other night spots, said Public Health Commissioner Daniel Wang last Saturday. It is just a matter of time, he said. A poll carried out by the Environment Ministry last
    241 words