The Straits Times : Weekly Overseas Edition, 24 February 1996
1996-02-24
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The Straits Times : Weekly Overseas Edition
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Title Section20 1996-02-24 1 The Straits Times WEEKLY EDITION SATURDAY, FEBRUARY 24, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/9520 words
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593 1996-02-24 1 Walter Fernandez - They should spend time with children and teach values by good example By Walter Fernandez PARENTS hold the key to ensuring that traditional values are passed on to their children and society remains strong, Prime Minister Goh Chok Tong said in his593 words
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Article, Illustration238 1996-02-24 1 THERE’S NOTHING LIKE A REUNION WITH GRANDMA NOTHING beats a home-cooked reunion dinner, even if it means flying back 6,000 km to be with the family. That is what lan Hong, his sister, Lynn, and their cousin Jason Hong did to celebrate the Lunar New Year238 words
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Article, Illustration638 1996-02-24 1 Chua Mui Hoong - Recruitment drive targets best available talent By Chua Mui Hoong WANTED: Intellectually agile, public service-minded mid-ca-reer executives in their 20s or early 30s, with a good academic and work track record. The task: To work out plans for Singapore’s continued success as638 words
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Page 1 Advertisements
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Advertisement11 1996-02-24 1 Year of the Rat looks promising, says Hng Kiang: Page 2411 words
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Advertisement11 1996-02-24 1 1 ISF REER Move CHECK OUT Pages 21 22 90Q0Q6„l 81Z8811 words
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NEWS FOCUS
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Article, Illustration535 1996-02-24 2 Tan Yong Meng - Aim to reach 4% of payroll by March By Tan Yong Meng COMPANIES here are well on their way to meeting the national target of spending 4 per cent of their payroll on training by the end of next month. Many large companies with535 words
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497 1996-02-24 2 Lim Li Hsien; and Jimmy Yap - By Lim Li Hsien and Jimmy Yap SOMEONE has used a cybercafe as a front to post a defamatory message through the Internet about three lawyers. The method was simple. He walked into Cyberheart Cafe at Orchard Hotel early this month, paid his497 words
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514 1996-02-24 2 under new pay revision SENIOR public servants whose performances meet their job demands and whose potential is above a certain level can look forward to another round of salary increases this July. A statement from the Prime Minister’s Office yesterday announced that from514 words
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540 1996-02-24 2 Tan Yong Meng - Move to help stop new graduates from job-hopping By Tan Yong Meng THE Singapore National Employers Federation (SNEF) will be running personality and aptitude tests on the Internet later this year to help fresh graduates evaluate their career interests and match540 words
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Article, Illustration670 1996-02-24 3 Thomas Lee - Basic training to be revamped By Thomas Lee NATIONAL service enlistees will be given more opportunities to become officers and specialists. Their Basic Military Training (BMT) will also be revamped so that there is a better fit between that and thePicture by LIM SENG TIONG. - 670 words
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316 1996-02-24 3 THE prices of private homes rose 10.3 per cent last year, much lower than the heady jumps of 36 per cent and 42.2 per cent seen in 1993 and 1994 respectively. Latest figures from the Urban Redevelopment Authority also showed that demand,316 words
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Article, Illustration409 1996-02-24 3 Leticia Perez in Manila and; Karamjit Kaur in Singapore - By Leticia Perez in Manila and Karamjit Kaur in Singapore FILIPINO maid Zenaida Ricarte, 20, who took her employers’ children to safety when fire broke out in their Toa Payoh block last December, met President Fidel Ramos yesterday and received409 words
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HOME
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512 1996-02-24 4 M. Nirmala - By M. Nirmala DINOSAURS that roamed the plains in the movie, Jurassic Park, can now be created at the National University of Singapore, thanks to a recently-acquired super-computer. But, instead of creating dinosaurs, students and researchers are using the Cray J 916512 words
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Article, Illustration424 1996-02-24 4 Ahmad Osman - By Ahmad Osman THE National Trades Union Congress, its cooperatives and the Singapore Labour Foundation will own and operate their first major retail complex in Hougang. The five-storey building with two basements is one of three NTUC Lifestyle Centres which should be ready by424 words
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Article, Illustration443 1996-02-24 4 Rav Dhaliwal - By Rav Dhaliwal TANG Dynasty City is building a 250-room Chinese-style inn and convention centre in a move to help turn the Jurong attraction around. The Tang Dynasty Hotel will draw on the Jurong and Tuas industrial estates443 words
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Article, Illustration448 1996-02-24 5 EUROPEAN cars have been enjoying a boom in sales here even as several Japanese makes have experienced a slide in popularity. Singapore buyers have been going increasingly for MercedesBenz, BMW, Rover and, somewhat unexpectedly, the Spanish Seat. Last year was at least theTimetgnphict; Source: und Transport Authority - 448 words
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390 1996-02-24 5 Lim Li Hsien - By Lim Li Hsien A MAN foisted his unwanted attentions on a former colleague for more than VA years. He stalked her to and from her workplace and called her so often that she changed her number to an unlisted one. Then390 words
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451 1996-02-24 6 Dominic Nathan - Plants chosen for medicinal properties, flavouring and colouring By Dominic Nathan THE search for new drugs that can be extracted from tropical plants will no longer be confined to the laboratories of Singapore’s premier research institutions or to pharmaceutical companies with451 words
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544 1996-02-24 6 MR CHIAM See Tong has filed a writ of summons initiating a defamation suit against the 12 members of the Singapore Democratic Party’s central executive committee. The estranged founder of the SDP is suing the CEC for its remarks challenging him to544 words
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Article, Illustration336 1996-02-24 6 FOUR people, including two Singaporeans, suffered minor injuries when a cruise ship collided with an oil tanker on Friday last week about 3 x h km off Pulau Sebarok, an island south of Singapore. The collision between the LangkapuriPicture by CHEW SENG KIM. - 336 words
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471 1996-02-24 7 Walter Fernandez - Scholars had to serve six years previously By Walter Fernandez FROM this year, students awarded local scholarships by the Public Service Commission will serve a five-year bond with the Government instead of the usual six. This one-year reduction will benefit applicants471 words
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Article, Illustration418 1996-02-24 7 Walter Fernandez - By Walter Fernandez MR BASIL Ly Singko, a veteran journalist who was detained by the Government under the Internal Security Act in 1971, died in Australia early last Saturday morning of a massive stroke. He was 82. In a telephone interview418 words
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475 1996-02-24 8 Brendan Pereira - By Brendan Pereira WITH so many students scoring straight A’s each year, the National University of Singapore is depending increasingly on a written test to select its first-year law undergraduates. All applicants to the Law Faculty sit for the 1 Vihour test, designed475 words
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Article, Illustration304 1996-02-24 8 A GROUP of four 40-somethings will be among 16 people who will cycle about 1,000 km to Thailand next month to raise $lOO,OOO for charity. One of them, Mr A. Ramachandran, 47, a probation officer with the Ministry of Community Development, saidPicture by LILIAN FOO. - 304 words
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Page 5 Advertisements
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Advertisement249 1996-02-24 5 MMMMWiMUWiiMMMm itStSlftigM m*' The National University of Singapore Founded 1905 I Postgraduate School of Engineering ADMISSION TO POSTGRADUATE COURSES 19% 97 (JULY INTAKE) Applications are invited for admission to the following full-time postgraduate courses in the 1996-97 academic year (commencing 8 July 1996): Master of Science in Civil Engineering Master249 words
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Page 7 Advertisements
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Advertisement189 1996-02-24 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,189 words
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Page 8 Miscellaneous
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Miscellaneous1249 1996-02-24 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3IM BAND) MONDAY 1100 News in Brief/Weather Forecast (Asia Pacific) 1105 Frontiers 1120 Business Market Report 1130 Full News 1138 The Front Page 1140 Take Five 1145 Business world 1200 News in Brief 1205 E Z Beat 12201,249 words
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SPORTS
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Article, Illustration621 1996-02-24 9 Santokh Singh - ‘Don’t repeat mistakes of other Asian leagues’ says AFC official By Santokh Singh SOCCER THE S-League must avoid the pitfalls that have plagued other Asian professional leagues, said a senior official of the Asian Football Confederation. In an exclusive interview with Timesport on Wednesday, AFC’s secretary-general Peter621 words
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451 1996-02-24 9 Leong Ching Ching - By Leong Ching Ching SCHOOLCHILDREN may get some new football coaches this year, courtesy of the S-League, which is sending its professional players to schools to coach. This is to drum up support for the clubs, as well as to allow the451 words
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Article, Illustration545 1996-02-24 9 Samokh Singh - Council aims to increase efficiency of Spex 2000 programme By Samokh Singh. THE Singapore Sports Council will be scrutinising the constitutions of the national sports associations running the 14 core and merit sports. From this study, it hopes to collate the positive545 words
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MALAYSIA
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538 1996-02-24 10 Ho Wah Foon - By Ho Wah Foon in Kuala Lumpur SINCE a MSIOO.OOO (5556.000) levy was imposed on foreign purchases of properties worth more than M 5250.000. Singajtoreans' interest in the Malaysian property market has fallen sharply, according to property consultants and researchers polled by The538 words
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474 1996-02-24 10 Ho W ah Foon - Land code to be enforced in 11 states By Ho W ah Foon. KUALA LUMPUR Peninsular Malaysia began enforcing a MSIOO,OOO (5556.000) levy on foreign purchases of properties on Friday last week, making it compulsory for all 11 state governments to act in unison on474 words
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Article, Illustration188 1996-02-24 10 PENANG A 33-year-old teacher celebrated the double festival on Tuesday by giving birth to twins in Penang and Kedah. Madam Azmaniah Abdullah delivered a 2.5-kg boy at the Kulim District hospital in the morning. But she had to be rushed to SeberangNST pieture.; NST picture. - 188 words
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402 1996-02-24 10 Retired officers to be recalled for compulsory reservist service LUMUT The government is amending the Malaysian Armed Forces Act to make it compulsory for retired officers to rejoin the force as reservists to overcome the current shortage of personnel. Berita Minggu Malaysia on402 words
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SOUTH-EAST ASIA
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510 1996-02-24 11 Disclaimer comes as church leaders attack proposed anti-terrorism law Reuter. MANILA President Fidel Ramos disavowed any plans to declare martial law on Sunday and urged the armed forces to oppose anyone who may have “a hidden agenda” to return authoritarian rule to the Philippines.Reuter. - 510 words
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256 1996-02-24 11 Leticia Perez - By Leticia Perez in Manila THE Manila authorities on Monday took another shot at easing the city’s traffic jams with a new scheme that would restrict the influx of public vehicles. Under the scheme, certain public vehicles would be banned from the256 words
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Article, Illustration120 1996-02-24 11 Going to prison and getting a degree PRISONERS who used their time behind bars to acquire a university degree lining up in a Thai jail. For the average inmate, who may not have completed compulsory education because of poverty or because schools were too far away, prison can provide aThe Nation picture. - 120 words
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462 1996-02-24 11 Nirmal Ghosh - By Nirmal Ghosh Manila Correspondent SECURITY officials from 19 countries concluded a fourday meeting on Wednesday by resolving to enhance cooperation against terrorism through a sophisticated international co-ordination network. A communique issued on Thursday by the delegates to the International Conference462 words
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COMMENT / Pick of the week’s editorials
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Article679 1996-02-24 12 FEB 23. 1996 THE question of a higher subsidy for Housing Board flats is something of a red herring in the context of the need for sound parenting, to which the Prime Minister drew attention again in his Lunar New Year message. There may be a679 words
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Article682 1996-02-24 12 FEB 22. 1996 POLITICAL pressures faced by the leaders of Japan and South Korea are a plausible explanation why the two countries have got worked up over a group of islets that lie in the Sea of Japan midway between their coastlines. The way the682 words
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Article648 1996-02-24 12 FEB 19. 1996 CHIEF Justice Yong Pung How's comment in a recent case of alleged cheating that it seemed as if the police were out to "fix” the accused (whom he acquitted on appeal) was a reminder that judges remain the ultimate guardian of innocence. As648 words
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Article, Illustration812 1996-02-24 12 Sia Cheong Yew - By Sia Cheong Yew OVER the past month, many reports in the newspapers have left me with the distinct feeling that there are too many people out there waiting to make a fast buck. The double celebration of Lunar New Year812 words
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COMMENT/ANALYSIS
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Article, Illustration1101 1996-02-24 13 Tan Sai Siong - By Tan Sai Siong THERE have been some suggestions in the press that property developers are not happy to have the veil of secrecy over their sales figures lifted by the Urban Redevelopment Authority (URA). They feel that those numbers1,101 words
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1029 1996-02-24 13 Wang Hui Ling - By Wang Hui Ling AT A dialogue three weeks ago to wrap up Rear-Admiral (NS) Teo Chee Hean’s visit to Eunos, a resident raised the problem of low water pressure on the top floors of HDB flats. He told the1,029 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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2059 1996-02-24 14 One significant analysis of the 1991 General Election results was that the PAP lost votes because it had ignored the “silent majority” the hitherto uncomplaining Chinese-speaking Singaporeans who formed the traditional backbone of support for the party. So what2,059 words
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416 1996-02-24 14 THE Feedback Unit chief, Dr Ow Chin Hock, believes that there is a new-found confidence among Chinese-educated Singaporeans, brought about by the opening of China. Where in the past Chinese-educated Singaporeans looked to China for ideological inspiration, China today presented many opportunities for investments,416 words
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Article, Illustration1209 1996-02-24 15 The by-election strategy has been described as a key means for opposition parties to do well at general elections. In 1991, they contested fewer than half the total number of seats to ensure that the ruling party was returned to power onPicture by CHEW SENG KIM. - 1,209 words
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Article, Illustration900 1996-02-24 15 Han Fook Kwang - THINKING ALOUD Han Fook Kwang TWO deaths in the last three months brought back memories of Singapore’s turbulent political past Well, almost. The truth is that, for most, the memories of Mr David Marshall’s and Mr Lim Chin Siong's900 words
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MONEY
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Article7579 1996-02-24 16 INDUSTRIAL AND COMMERCIAL Transaction Date: Feb 23.1996 1996 Low Curr Last Vol Day Gr'a Net M Cap Wt Avg High Company Traded Sale -For000 High Low Div P/E Smil Price 214 176 Acer 50c US 192 4*1 125 193 191 12.9 317.8 494 318' m I Acma7,579 words
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273 1996-02-24 17 THE Singapore stock market was lethargic on the two trading days this week, as most fund managers were away for the Lunar New Year and Hari Raya holidays. However, late gains in selected index stocks managed to buoy the Straits Times273 words
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Article69 1996-02-24 17 ST Industrials Index The Straits Times Industrials Index rose 12.11 points on the week to 2465.99. DAY CLOSE TURNOVER Monday Closed Tuesday Closed Wednesday Closed Thursday 2454 81 0.93) 87.301m ($307.488m) Friday *****9 11 18) *****m ($343 326m) BT— -MGA Index The BT-MGA Index (ell 0.40 points69 words
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700 1996-02-24 18 Koh Keat Kian; and Jean Chia - By Koh Keat Kian and Jean Chia THE Year of the Rat will have its fair share of mouse-traps, which could make the year a volatile and unpredictable one, say analysts polled by The Straits Times. Alliance Securities’700 words
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Article1770 1996-02-24 18 Company Data •Aft Nat aarn TV LV <$m) ($m> EPS TV LY (cts) lets) AiSB* Oct 30 P 8.737 2.175L 8.5 Alti Hldqs Dac 14 1 1.159 1896 39 9.5 Alliance Tech Sap 27 1 1.589L 0.002 Amcoi Sap 21 16.844 20.217 5.8 69 AMOB* Dac 13 20.1431,770 words
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Article387 1996-02-24 18 Payment <%> Cl data Books close Pay data Asean Fd r 100TE Mar 19 Mar 25 Apr 3 Asia Pacific F ION Mar 5 Mar 11 Mar 20 Avimo 20C F 1375TE Fab 12 Fab 16 Mar 13 Berjaya Group 1 5 Mar 4 Mar 18 Apr 8387 words
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Article106 1996-02-24 18 MMC Three-for-five H> M$2 00 MMC Two-for-five Lum Chxnq Issue of S$60m principal amount of unsacuraO fisad rata bonds dua 2000. MUI Conditional mandatory gen offar by Pan Malaysian Ind Bhd to acquira tha antlra issuad paid-up share capital of M$l each In MUI attar tha bonus issua106 words
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Article87 1996-02-24 18 Y*0 Hlip C 950 Dunaarn Road, Fat 23 3.00pm Sang *****4 Cantr «point A Laval 2, Fab 26 10.00am Propart las Alaxandra Point, c 438 Alaxandra Rd *****8) Asia A Laval 2, Fab 27 10.00am Pacific Alaxandra Point, c 438 Alaxandra Rd *****8) Cam Mach A 8 Sanofco87 words
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381 1996-02-24 18 US INSTITUTIONAL investors held US$3.5 billion (554.91 billion) worth of Singapore equities as at September last year, making it the sixth most popular Asia-Pacific destination for US funds. According to US-based research firm Technimetrics, equity investment in the AsiaPacific region rose 20.4381 words
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156 1996-02-24 19 SINGAPORE, Malaysia and Thailand lead the world in terms of future competitiveness, according to the Union Bank of Switzerland (ÜBS) published on Friday last week. “These countries lead because of their high savings rates, openness to imported technology, relatively modest government sectors156 words
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Article414 1996-02-24 19 Friday Fab 23 HK$ ASM Pacific 8.00 0.350 Allied Ind Int'l 0.36 unch Allied Oversea 0.57 0.01 Asia Sec Int 2.88 -0.02 Bank of EA 27.25 0.15 C.P Pokphand 4.03 unch CDL Hotel 4.17 0.08 Cafe De Coral 2.17 -0.12 Cath Pac Air 13.95 -0.10 Century City 1.87 -0.01414 words
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Article485 1996-02-24 19 Managers’ prices, Feb 26 Singapore Unit Trust The Commerce 1.74-1.84 The Savings Fund 1.72—1.82 S pore Prog Fund 0.67—0.71 S pore Sec Fund 1.02-1.08 S pore Invest Fund 121-128 S'pore Equity Fund 081-0 86 Credit Lyonnais Inti Asset Mgt CL AsiaPac Gr Fund 2.720 —2 860** CL S'pore485 words
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Article, Illustration600 1996-02-24 19 Kalpana Rashiwala - By Kalpana Rashiwala TUAS, the site of the second link to Johor, is to be developed into Singapore’s "industrial hub at the western gateway to the island” with the bulk of its expansion to come from reclaimed land. TheTimesgraphics - 600 words
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Article146 1996-02-24 19 COUNTER RATES Singapore dollar* to on* unit of foreign currency Buyinc 00 SeNni US dollar 1.3964 1.4129 Sterling pound 2.1380 2.1914 Australian dollar 1.0417 1.0749 Canadian dollar 1.0076 1.0313 NZ dollar 0.9282 0.9604 EC unit 1.7977 Singapore dollars to 100 of foreign currency units Austrian schilling 13.4525 14.0697 Belgian146 words
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Article135 1996-02-24 19 Contract data: Fab 23, 1996 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us* 4*4 4 »4 4‘4 4V, 4'/4 4'4 27/2/96 A$ 6 V, 6*4 6v« 6 V, 6’4 5 V, 27/2/96 NZS IV* 7’/4 IV* 7*4 7 Vi 6%135 words
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Article, Illustration989 1996-02-24 20 Kalpana Rashiwala - Fewer transactions done last year despite upturn in final quarter By Kalpana Rashiwala THE latest Urban Redevelopment Authority (URA) figures showed that the prices of new private homes are getting less affordable, said several analysts. A big drop in transactions signalled thatTimesgraphics; Source: URA - 989 words
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518 1996-02-24 20 Tan Kim Song - Employment in manufacturing sector up just 31% in 15-year period By Tan Kim Song HIGH value-added industries in the financial and business services sector saw the fastest employment growth between 1980 and 1994, while manufacturing industries recorded the smallest gains, a just-released study518 words
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353 1996-02-24 20 THE retail industry last year expanded a modest 1.5 per cent over 1994. However, retail sales in December registered a 9.6 per cent gain over November. The mild expansion in the retail sector last year confirms most analysts’ views that the industry353 words
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Page 21 Advertisements
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Advertisement787 1996-02-24 21 ¥ft¥: ST COMPUTER SYSTEMS SERVICES LIMITED PROJECT/PROGRAM MANAGERS (Ref: 39) The Project/Program Manager will manage and direct team members/sub-contractors to win and implement IT projects. Key responsibilities include pre-sales solution conceptualisation, consultative selling and customer requirements definition In addition, he/she will manage the project to successful completion in the post-sales787 words
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Page 22 Advertisements
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Advertisement1004 1996-02-24 22 N it Vw We're the world leader in the international air express industry. Setting new standards for others to follow. And bringing dedicated services to every corner of the world from more than 1881 Service Centres in over 217 countries. We invite suitably qualified candidates to apply for this position.1,004 words
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FORUM
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740 1996-02-24 23 I REFER to Mr Shriniwas Rai’s letter “NMPs show way to less confrontational Parliament” (ST Weekly Edition, Feb 10). His suggestions subvert the raison d’etre of Singapore’s representative democracy, which is that citizens make intelligent choices on their elected representatives based on their party740 words
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657 1996-02-24 23 I WRITE in response to Mr Shriniwas Rai’s letter on NMPs and less confrontational Parliament (ST Weekly Edition, Feb 10). The issue is not whether we want NMPs to stay and a less confrontational Parliament. The real issue is whether we, as657 words
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746 1996-02-24 23 MR DOMINIC Nathan’s articles on leaks in buildings (ST, Jan 12 and 13, and Sunday Times, Jan 28) were well written and gave a good overview of the problems. As a property manager for 25 years, I am disturbed746 words
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Article507 1996-02-24 24 Warren Fernandez - Singapore’s economy expected to grow by 1-1.5%, says Hng Kiang By Warren Fernandez SINGAPORE’S prospects for the Year of the Rat are promising, with the economy expected to grow by between 7 per cent and 7.5 per cent this year. National Development Minister Lim Hng507 words
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Article, Illustration331 1996-02-24 24 Tan Hsueh Yun - By Tan Hsueh Yun COCONUT palms have been planted in shallow pools, colourful cannas in red and orange hues are blooming, and people can go to the Istana Park to see them. But an official opening date for the $13.3-million park,– Picture by TAN SUAN ANN. - 331 words
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442 1996-02-24 24 THE Muslim community must move to a new level of achievement and '.orge ahead, and the only way for it to do so is by working and competing, said Muslim Affairs Minister Abdullah Tarmugi in his Hari Raya message. “The departure from442 words