The Straits Times : Weekly Overseas Edition, 9 December 1995

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, DECEMBER 9, 1995 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
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  • 699 1  -  BG Yeo addresses concerns of MPs By Zuraidah Ibrahim PARLIAMENT on Tuesday referred a landmark Bill, which gives legal effect to advance medical directives made by the terminally-ill, to a Select Committee for further scrutiny. This was after a 11.--hourl 1 .--hour debate in
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  • 392 1 He makes public appearance at clan dinner PRESIDENT Ong Teng Cheong has completed a five-week radiotherapy treatment for his lymphoma, said a statement from the Prime Minister’s Office on Wednesday. His doctors were satisfied with the progress so far, it said, adding: “Apart from the normal
    Picture by STEVEN LEE.  -  392 words
  • 431 1  -  By Walter Fernandez WHILE one in 10 Singaporeans today own a car, one in eight will own a car in five years’ time, said Communications Minister Mah Bow Tan on Sunday. Household car ownership should also rise in the next five
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  • NEWS FOCUS
    • 577 2 ALL primary schools will use computers in the classrooms by 1997 as part of a landmark project to make sure that all Singapore children are computer literate. Speaking at The International Conference on Computers in Education at Raffles City Convention Centre
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    • 438 2  -  By M. Nirmala VICTORIA Junior College is the Number 1 college in this year’s ranking of junior colleges. overtaking Raffles Junior College which has been the top college since ranking started in 1992 RJC came in second while Hwa Chong and National
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    • 558 2 THE Housing Board's programme to upgrade old flats would succeed only if Singaporeans upgraded their social behaviour along with it. Prime Minister Goh Chok Tong said on Sunday. The Government would continue with the upgrading programme so long as the economy
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    • 798 2 SINGAPORE Democratic Party chairman Ling How Doong on Tuesday apologised to the House for having used unparliamentary language on fellow opposition MP Chiam See Tong during a debate last month. He also apologised for having been contemptuous of the Chair and
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    • 526 3  -  By Tammy Tan THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) yesterday disclosed it had signed memoranda of understanding with its counterparts in China. Taiwan and Thailand, which will increase by ten-fold the database of its newly-launched World Chinese Business Network (WCBN).
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    • 407 3 TRIBAL networks, like the new-ly-launched World Chinese Business Network (WCBN), will become very important in the future, and the Government encourages other ethnic communities here to undertake similar projects, Brigadier-General (NS) George Yeo said yesterday. Speaking to reporters
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    • 390 3  -  By Leong Chan Teik MOTORISTS may soon have to pay to use congested stretches of the Central Expressway (CTE) and Pan-Island Expressway (PIE) during peak hours. Communications Minister Mah Bow Tan on Tuesday raised this possibility as a way
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    • 458 3  -  By Brendan Pereira THE Government has proposed some changes to the Law Society's plan to protect the public from errant lawyers and to uphold the integrity of the legal profession. The Straits Times understands that Law
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  • PARLIAMENT
    • 522 4 Advance Medical Directive Bill IN WRAPPING up the debate on advanee medieal directives on Tuesday, Health Minister George Yeo responded to coneerns raised by MPs, all of whom said that while they supported the Bill, they had reservations about some
      Timesgraphics  -  522 words
    • 314 4 FAMILIES and doctors of terminally ill persons who did not sign an advanced medical directive would still be in a position to decide to withdraw extraordinary life-sustaining treatment on their behalf. Health Minister George Yeo said on Tuesday He made this
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    • 764 5 Advance Medical Directive Bill FOUR MPs on Tuesday expressed cautious support for the Advance Medical Directive Bill, but wanted more safeguards built into the way these directives will be implemented. Three also said that while it was good to allow patients
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    • 521 5 THE Government is seeking to amend the Evidence Act to allow multi-media evidence produced by computers to be admitted in civil and criminal proceedings. The amended Act also sets out the weight which the courts should give to such evidence. Professor S.
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    • 223 5 THE Subordinate Courts now have wider powers to punish contempt of court acts. The Subordinate Courts (Amendment) Bill 1995 passed in Parliament on Tuesday allows the lower court to take action even when contempt of court acts are committed outside its personal knowledge. Law Minister
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    • 352 5 A JUDGE or judicial commissioner, who has reserved judgment in a case, can now deliver the judgment even though his appointment may have expired or terminated. This new clause was introduced in Parliament on Tuesday with the passing of The Supreme Court
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  • HOME
    • 309 6 PRESS freedom is still the number one issue facing newspapers, the director-general of the International Federation of Newspaper Publishers (FIEJ), said on Tuesday. Mr Timothy Balding slammed as "wishful thinking” an article in The Sunday Times which said the Asian newspaper
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    • 625 6 Asian Newspaper Publishers Conference NEWSPAPER publishers on Tuesday saw the future flash before their eyes and concurred that their present strengths would remain relevant for a long time to come. The 200 media chiefs at the Asian Newspaper Publishers Conference were
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    • 449 6  -  Family believes he may have swallowed it By Edmund Tee A 68-YEAR-OLD man died in hospital on Thursday last week, a month after a 3-cm rusty curtain hook was removed from one of his lungs. A police spokesman said the S-shaped hook was
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    • 323 6 ABOUT 20 members of Young PAP (YP) will take a two-week tour through the United States, from March 22 to April 5 next year, to observe the early stages of the American Presidential campaign. They will be led by Minister
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    • 774 7  -  Building, manufacturing firms are worst By Lee Yee Hwa BANKS and government agencies have the most courteous, helpful and friendly telephone operators in Singapore, a survey of more than 1,400 companies and government departments has shown. And the worst operators: Those
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    • 462 8 THE MAIN Upgrading Programme added a utility room to Madam Lee Sun Wui’s threeroom flat in Marine Parade. But her three children still had to share bedrooms, so she and her husband bought the flat next door. It cost $220,000. A nutrition
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    • 385 8 AN INDONESIAN lawyer instructed other lawyers on the do’s and don’ts of negotiating contracts. Ms Noorjahan Meurling, a speaker at the Women Business Lawyers in the Asia Pacific conference, said that in Indonesia, where she practises law, the success of negotiations could be
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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
    • 179 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
    • 1248 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3lM 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
    • 393 9 18th South-east Asian Games: Hakikat Rai reports from Chiangmai SOCCER THE Asian Football Confederation warned on Wednesday that bookies may attempt to “fix” matches in the ongoing South-east Asia Games competition. As a result, it has decided to keep an eye on all
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    • 450 9  -  By S. Murali THE bulk of Singapore’s South-east Asia Games athletes and officials left for Chiangmai on Wednesday, but some were laden with much more than their luggage and medal ambitions. Some like the table tennis team were weighed with the worry of what is in
      – Picture by AZIZ HUSSIN.  -  450 words
    • 233 9 THE concept of regional sports centres is a viable one as such centres provide easily accessible and affordable means for people to take part in sports, Mr Ch’ng Jit Koon, Senior Minister of State for Community Development, said on Sunday. Speaking at the
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    • 496 9 S’pore team headed by Murugiah, Mardan, Chua VIETNAM plays host to its first professional golf tournament the US$l5O,OOO ($210,000) Gadgil Western Vietnam Open which started on Thursday. The Asian PGA tournament, being held at the 6,460-metre Golf Vietnam course in Ho
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  • MALAYSIA
    • 397 10 Reuter, Bernama. LANGKAWI Prime Minister Datuk Seri Dr Mahathir Mohamad unveiled plans on Tuesday to turn Malaysia's fledgling aerospace industry into a world-class maker of aviation components. He said at the launching of the Langkawi International Maritime and Aerospace Exhibition (Lima): “Malaysia is
      Reuter,; Bernama.; Reuter picture.  -  397 words
    • 261 10 NST. KANGAR Perlis should emulate the achievements of Singapore, which has a trading sector almost double that of Malaysia despite being similar to Perlis in size, according to Prime Minister Datuk Seri Dr Mahathir Mohamad. He said on Monday that Perlis had achieved a
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    • 104 10 Bernama. LANGKAWI Canadair wants to offer Asean its latest water-bomber aircraft to combat forest fires. The Canadair CL-415, the world’s most advanced amphibious aircraft, is making its first appearance in South-east Asia at the Langkawi International Maritime and Aerospace Exhibition here. A company spokesman said the
      Bernama.  -  104 words
    • 108 10 LANGKAWI Malaysia will buy about 300 main battle tanks (MBTs) as part of the modernisation of the armed forces, said Defence Minister Datuk Syed Hamid Albar. He said the acquisition would come under the 7th Malaysia Plan next year, The Sun newspaper reported. The
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    • 322 10 NST. MALACCA Tan Sri Abdul Rahim Thamby Chik said he had no ambitions of becoming Malacca Chief Minister again. Putting to rest rumours that he was planning a comeback, he told a gathering at his house at Pengkalan Balak, 50
      NST.  -  322 words
    • 262 10 He denied any such intention: Prime Minister Development Board. Bernama. LANGKAWI Prime Minister Datuk Seri Dr Mahathir Mohamad said on Thursday that Tun Daim Zainuddin was not planning to resign as economic adviser to the government nor as Umno Treasurer. He said he was informed by
      Development Board. Bernama.  -  262 words
    • 310 10 Bernama. KUALA LUMPUR Growing public concern over judicial indiscretions was not a matter to be taken lightly or viewed negatively, Deputy Prime Minister Datuk Seri Anwar Ibrahim said on Thursday. In tandem with the growing maturity of society, he said, the
      Bernama.  -  310 words

  • SOUTH-EAST ASIA
    • 482 11  -  Combined ministry to help country compete By Paul Jacob Jakarta Correspondent PRESIDENT Suharto on Wednesday dropped Trade Minister S. 3. Joedono from the Cabinet and reorganised economic portfolios in a bid to improve efficiency and policy coordination as the country moves to achieve industrial status by
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    • 257 11 BANGKOK The great-granddaughter of Thailand’s King Chulalongkorn has returned home from London without the collection of private royal letters that she had gone to retrieve, according to a report here. But Ms M. R. Narisa Chakrabongse’s secretary, Mr Paisarl Piammattawat,
      Bangkok Post picture.  -  257 words
    • 321 11 AFP. JAKARTA The Indonesian government plans to raise minimum wages by at least 12 per cent from April 1 next year, a government official has been quoted as saying. Mr L. E. Lubis, Director for Wage and Social Security Affairs
      AFP.  -  321 words
    • 394 11  -  By Lee Siew Hua Bangkok Correspondent LEADERS from all 10 South-east Asian countries had agreed to sign a treaty next week to declare the region a nuclear-weapon-free zone but would still have to address the concerns which five big nuclear powers had
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    • 124 11 Reuter, AFP. JAKARTA Indonesia said on Wednesday it had chosen a career diplomat as ambassador to Australia after withdrawing its first nomination following a dispute involving East Timor. State Secretary Murdiono told reporters that Mr Wiryono Sastrohandoyo, a 61-year-old Javanese Muslim and now ambassador
      Reuter,; AFP.  -  124 words
    • 304 11  -  By Leticia Perez in Manila PHILIPPINE President Fidel Ramos last Saturday said the third round of talks between the government and the Moro National Liberation Front (MNLF) was a milestone and a step towards achieving peace in the southern Philippines. In
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    • 184 11 AFP, Reuter. BANGKOK The first edition of the Asia Times, a regional business daily billed as Asia’s answer to the Wall Street Journal and the Financial Times, rolled off the presses in three Asian cities on Wednesday. The English-language newspaper, with an expected
      AFP,; Reuter.  -  184 words

  • COMMENT / Pick of the week’s editorials
    • 659 12 DEC 9, 1995 IN FRANCE, they describe as “austerity measures” the cuts in pensions and health benefits which have tied up the country in strikes for two weeks now. Even ardent welfarists who have a nodding acquaintance with the American model of targeted welfare support,
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    • 686 12 DEC 7, 1995 THE Bill on advance medical directives (AMDs), better understood in many countries by the lay term “living will”, reached Parliament on Tuesday. That was quick, as the first hint of this had come only in 1993. Its rationale and conceptual form had
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    • 689 12 DEC 5. 1995 SO TAIWAN’S ruling Kuomintang remains in control, but increasingly. it will find that it can do so only at China’s sufferance. And because President Lee Teng-hui had, in China’s eyes, crossed the Rubicon in courting American support as a prelude to independence,
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    • 737 12  - Singapore still a backward nation in social behaviour By Bob Ng DO WE deserve the government that we have? My short answer: Probably not. Yes, most people would accept that it is efficient and effective, but many stop short of going beyond this. This surely is scant praise for a
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  • COMMENT/ANALYSIS
    • 1148 13  -  By Tan Sai Siong IS POLITICS for you. The Sunday Times’ Political Desk put to 10 women who have made a mark in their respective fields of work, and are known to take a strong stand on the issues of the day.
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    • 1074 13  - To be tops yet gracious a contradiction perhaps? By Chiang Yin Pheng WHEN Prime Minister Goh Chok Tong took questions from student leaders in a dialogue last Sunday, he said that being economically successful and being a gracious, caring society did not have to be mutually exclusive. In a best-case
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1956 14 Independent schools were conceived nearly 10 years ago to see if greater autonomy would lead to better schools. From the first three schools that became independent in 1988, there are now eight of them. Ng Wei Joo gives an update on how
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    • 1083 15 At a dialogue with tertiary student leaders last Sunday, Prime Minister Goh Chok Tong said that he was no student activist in his younger days. In fact, he was ‘in a sense, apathetic, not involved in politics’, concentrating on his academic
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    • 1051 15  -  THINKING ALOUD Leslie Fong EVERY now and then, the work of journalists in Singapore, especially those who work in the Englishlanguage media, is subject to scrutiny, privately and in public. Not surprisingly, much of it is unfavourable, which is
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  • MONEY
    • 7198 16 INDUSTRIAL AND COMMERCIAL Tran—ctlon Pdf: Ddc 8,1995 1995 Curr Last Vat Day Qr't Nat M Cap Wt Avg nign LOW Company Tradad Sale +or000 High Low Div P/E Smil Priea 210 176 Acer 50c US 192 -2 85 193 190 13.0 3178 490 318 m 1 Acma
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    • 357 17 THE long-awaited return of institutional money to the local bourse came this week, but many wonder if the mini-rally is sustainable. The benchmark Straits Times Industrials Index, which gained 17.55 points to 2,148.06 for the week, surged past the psychologically significant 2,150 mark earlier
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    • 81 17 ST Industrials Index > The Straits Times Industrials Index rose 17.55 points on the week to 214S.06. DAY CLOSE TURNOVER Monday 2164.60 34.09) 161.04m (5390.941m) Tuesday 2168 48 3.88) 213.39m (5459.390m) Wednesday 2154.43 14.05) 234.66m (5471.360m) Thursday 2159.78 5.35) 124.91m (5310.267m) Friday 2148.06 11.72) 108.67m (5278.738m) BT—
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    • 631 18  -  Move to attract more overseas companies to list in Singapore By Goh Soo May THE Stock Exchange of Singapore is setting up a new Foreign Board to attract more overseas companies to list here. The decision, announced by Finance Minister Richard Hu on
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    • 1167 18 Company Dat« «ft# Net earn TV IV ($m> (Smi IPS TV LV fete) let*) ASB* Oct 30 P 8 737 2 1751 as I Alliance Tacn Sep 27 i 589L 0 002 Amiteei* Sep 26 P *****2 123.204 10.2 H.5 Amtaii Eng Oct 25 r ***** ***** 15
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    • 256 18 RIGHTS ISSUE Company Ratio Cl- Bocks data clota Acc t Paymt PJ Oav Hidgs Ona-for-fiva M$1.80 Oct 20 Nov 6 Oac 15 L Homos Ona-for-ona AS0.40 Oac 7 Oac 13 NVA BONUS issue Company Ratio Cl- Books data closa PJ Do* Hidgs Ona-for-flva Oct 20 Nov 6 Mock
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    • 961 18 Payment (HI Ci date Boots CIOS* data AjSB SOC b 5 .v Jan 9 Jan 29 AMDB CULS T 5.5 Dec 6 Dec 20 Dec 31 Amsteei SOC b 16 Dec 5 Dec 19 Jan 18 Amt»» Eng 20C F 7.5TE Nov 28 Dec 4 Dec 15 Ant»n
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    • 109 18 Company Bonus Imuo Magnum Corp One-for-two Company Otnari Btrjfty* Lttsurt Rights issua of a min of M$226m and up to a max of M$303m nominal amount of 5-ytar 8.0% ICULS '95/2000 at 100% of tha nominal amount on tha oasis of M$1.00 nominal amount of ICULS for ovary
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    • 450 18  -  By Koh Keat Kian THE Government of Singapore Investment Corporation (GIC) has appointed 18 fund managers to manage a portion of its funds as part of its efforts to boost the local fund
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    • 261 19 IN COMMON with other Asian companies, Singapore firms see the Asean region and Greater China as offering their brightest business prospects next year, according to a survey of Asia's 200 leading companies. “Out of the 11 Asian countries surveyed, only business decisionmakers from India showed
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    • 434 19 Friday Dac 8 HKS ASM Pacific 6 85 -0.100 Allied Ind Int'l 0.34 unch Allied Oversea 0.53 0.01 2.45 unch Bank of EA 27.70 -0.25 C P Pokphand 3.02 -0.05 CDL Hofei 3 58 -0 05 Cafe De Coral 1.86 -0.02 Cath Pac Air 12.20 unch Century City 1.70
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    • 423 19 Managers' prices, Dec 11 Singapore Unit Trust The Commerce 1.55—1 64 The Savings Fund 1.51-1.60 S pore Prog Fund 0.58-0.62 S pore Sec Fund 0 90—0 95*d S pore Invest Fund 106-1.12 S pore Equity Fund 0.72—0.76 Credit Lyonnais Int'l Asset Mgt CL Asia-Pac Gi Fund 2500-2625** Cl
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    • 543 19  -  Board will devote its worldwide resources to help promote project By Douglas Wong THE Economic Development Board (EDB) is likely to take a stake soon in the Singapore-led consortium developing the Suzhou Industrial Park as it moves to devote its resources
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    • 419 19  -  By Colin Tan NEC SEMICONDUCTORS Singapore will expand its operations substantially to enable it to start churning out its next generation 64-megabit (Mb) computer memory chip in Singapore. The new chip will require more room for its production and as NEC has run out
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    • 160 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.4028 ***** Sterling pound 2.1343 2.1878 Australian dollar 1.0251 1.0583 Canadian dollar 1.0169 1 0413 NZ dollar 0.8949 0.9263 EC unit 1.8191 Singapore dollars to 100 of foreign currency units Austrian schilling 13.5412 14
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    • 110 19 Contract data: Dec 8, 1995 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE USJ 54 5'4 5 44 4*4 44 12/12/95 AS 64 6*4 64 64 54 12/12/95 NZS 74 7*4 74 74 7 64 12'12/95 STG 6 5*4 54 54
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    • 422 20 HEWLETT-PACKARD Singapore, which has just been awarded Operational Headquarters (OHQ) status, intends to more than double the capacity” of its thin-film wafer plant in Singapore. The electronics giant operates two fabrication plants in Singapore. Both its thin-film wafer fabrication plant and its
      – Picture by WONG POK SEE.  -  422 words
    • 141 20 Bloomberg. TAIPEI The DirectorateGeneral of Telecommunications has started a service this month that allows some mobile phones from Taiwan to be used in Hongkong and Singapore. Mobile phones that use the GSM standard and are registered in Taiwan can now make and
      Bloomberg.  -  141 words
    • 275 20 RISING labour cost is the main concern of Singapore businesses, according to an annual survey by the Singapore Manufacturers Association (SMA). A synopsis of the survey the first in a series covering various topical issues was released on Wednesday. The survey polled
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    • 327 20 IT IS in the interests of shipping bodies such as the Federation of Asean Shipowners’ Association (Fasa) to speak out against excessive regulations which could become artificial trade barriers, said Trade and Industry Minister Yeo Cheow Tong on Tuesday. Mr Yeo, who was officiating
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    • 384 20 AFP. TOKYO Singaporean banks are ahead of Hongkong and even Japan in financial strength, going by a compilation of ratings given by Moody’s Investors Service Inc. Moody’s began assigning Bank Financial Strength Ratings to more than 600 banks in 40 countries including
      – AFP.  -  384 words





  • Page 21 Advertisements
    • 888 21 m The Straits Times Weekly Edition "W’™” itsset vim-t < <s t Transportation Pte Ltd, a wholly-owned subsidiary of the Comfort Group, operating 10,000 taxis, is the biggest taxi fleet in Singapore. Owing to business expansion, we have immediate vacancy for an: OPERATIONS MANAGER 1 The |ob You will be
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  • Page 22 Advertisements
    • 906 22 Jiih A s large as Asia, as close as family A century ago, two young Danish entrepreneurs set up a trading firm in Hong Kong. Today, the Jebsen Jessen Group (SEA) trades and manufactures products ranging from consumer products, chemicals to industrial products and plant engineering. Throughout, one philosophy prevails
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  • FORUM
    • 619 23 DR CHEE Soon Juan has accused me of being biased against him (ST, Nov 4). I make no apologies about being a nationalistic Singaporean. However, that does not mean I am pro-PAP or against the opposition parties. In fact, I think Mr
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    • 455 23 IN HIS letter “SDP should find out what voters want most” (see letter above), MiTan Hong Pew has made several points worthy of comment. He gives one the impression that compliments from Mr Lee Kuan Yew are an indicator that an opposition
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    • 311 23 I REFER to the letter “A nasty surprise restaurants spring on patrons” (ST, Nov 29). Unacceptable restaurant practices have been in existence for years. In 1981, the complaints received by Case were mainly those of restaurants not itemising their bills and carrying menus without
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    • 520 23 It is creators of legal system who need to defend it I WAS amused to read Mr Ma Kah Eng’s catalogue of oxymorons: non-political democracy, non-political human rights, and non-political justice (“Lawyers should speak up for the legal system”, ST Weekly Edition,
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  • Page 23 Advertisements
    • 124 23 Dear Readers. THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in very exceptional circumstances, such
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  • 623 24  -  PM calls for innovation to meet increasing competition By Tan Kim Song THE Singapore economy has reached a stage where future growth will have to come increasingly from generating its own ideas and technology, Prime Minister Goh Chok Tong said on Thursday. “Our strategy in
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  • 671 24  -  By Chan Sue Meng FORMER Barings trader Nick Leeson, whose huge trading losses sank Britain's oldest merchant bank, was sentenced to 6 years’ jail last Saturday. In handing down the sentence, Senior District Judge Richard Magnus said the 28-year-old Briton had "spun
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  • 439 24 PRIME Minister Goh Chok Tong on Thursday rebutted some Western economists’ view that high growth in East Asia, including Singapore, was not sustainable because it was input-driven. These economists, he said, had downplayed the significance of East Asian growth,
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