The Straits Times : Weekly Overseas Edition, 16 March 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Time WEEKLY EDITION SATURDAY, MARCH 16, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
    20 words
  • 869 1  -  ‘Make S’pore the best home’ is new vision for country and Govt By Chua Mui Hoong PRIME Minister Goh Chok Tong said last Saturday that his most important task for the next few years was to find and build up a
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  • 513 1  -  By Ahmad Osman SINGAPORE Airlines chief stewardess Hannie Hay, 35, had to give up her job to have her first baby. But unlike other pregnant stewardesses who also had to quit, she was not grounded permanently. She is among 24 former women
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  • NEWS FOCUS
    • 811 2 PM: No danger of payouts becoming entitlements SINGAPORE returned $1.65 billion of its Budget surplus to the people last year, making it probably the only country in the world to embark on such a programme to enhance the assets of the
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    • 294 2 SIA stewardess’ murder in LA FORMER Singapore Airlines steward Zaini Jeloni pleaded not guilty in a Los Angeles court on Tuesday to murdering an SIA stewardess there last October. One of the state’s top public defenders, Mr Bill Thornburry, has been assigned
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    • 380 2 No factory work unless it is for the family CHILDREN between 12 and 14 years old cannot work in industrial establishments which are not run by members of their families. This came into effect from March 1. The authority given to the Commissioner for
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    • 254 2 FORMER Barisan Sosialis leader and legal adviser Thampoe Thamby Rajah. 76, better known as T. T. Rajah. died of a heart attack on Wednesday. From the 1950 s to the *****, he made headlines as a prominent left-wing lawyer who took part in
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    • 521 3  -  Easier to revoke directive Doctors can disclose information By Chung Tsung Mien THE Select Committee which deliberated on the Advance Medical Directive Bill has proposed several amendments which would clarify the definitions of various terms in the Bill. Among other things, revocation of a
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    • 560 3 Better for family and country if people stay healthy IT WOULD be a pity for a man’s family and for the country if he were to die at the age of 45 or 50, after all the training and money that has
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    • 534 3  -  HDB block affected by N-E MRT Line By Tan Hsueh Yun RESIDENTS of Block 1. Tew Chew Street, have received flyers and visits from housing agents who say they have willing buyers for their flats. Several residents interviewed on Wednesday said they had received offers
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  • PARLIAMENT
    • 544 4 BUDGET DEBATE A VERY generous Budget, with something for everyone. This was the view of all but two of the 21 MPs who spoke on Monday on the first-day of the debate on the 19% Budget The 16 People's Action Party MPs and three Nominated
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    • 545 4 Price controls on basic services after privatisation FINANCE Minister Richard Hu on Tuesday gave the assurance that moves to give civil service agencies more autonomy would not result in higher government fees and charges He also assured the House that regulatory bodies
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    • 380 4 FINANCE Minister Richard Hu on Tuesday dismissed talk that he had the General Election in mind when presenting this year’s Budget. He said that the Government did not have to resort to election gimmicks as its track record spoke for itself. Noting that Singapore Democratic
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    • 987 4 In a one-hour speech on Tuesday, Finance Minister Richard Hu answered various queries raised by backbenchers during the debate on the Government’s financial policy over the past two days SMALL and medium enterprises: Many schemes are already in place to help small and
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    • 417 5 A REVIEW of the allowances for full-time National Servicemen (NSF) is under way and expected to be completed within the year, said Second Defence Minister Teo Chee Hean on Wednesday. He said that it was Mindef’s policy to review the
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    • 633 5 HOME Affairs Minister Wong Kan Seng on Wednesday reported a marginal improvement in the drug situation here, but added that the Government was not resting on its laurels. In fact, the ministry would be taking even tougher measures against persistent
      Timetgraphics  -  633 words
    • 544 5 THE first Asia-Europe Meeting (Asem) in Bangkok earlier this month was a historic summit which linked the two regions in a win-win partnership, Minister for Foreign Affairs S. Jayakumar said on Wednesday. It paved the way for a meeting of minds
      Timesgraphics  -  544 words
    • 665 6 Tony Tan: Tension in Taiwan Strait underlines uncertainties THE current tension across the Taiwan Strait showed how quickly uncertainties and even the possibility of war could arise when all seemed peaceful and stable not too long ago. Deputv Prime Minister and Defence Minister Tony Tan
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    • 711 6 They will be recruited as long as they can fit in DEPUTY Prime Minister Lee Hsien Loong said on Wednesday the Government was willing to recruit mid-career private sector individuals of all ages and levels into the Administrative Service, so long as
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    • 131 6 ABOUT 700 applications, including some 200 through the Internet, were received from mid-career people for jobs in the elite Administrative Service, the Public Service Division said in a statement on Wednesday. Saying that it was pleased with the response. it added that vice-presidents, financial controllers, partners
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    • 361 6 NOT A FORGOTTEN LOT THE Government will review the $l3O amount it nowgives to top up the pensions of pensioners drawing under $9OO a month, Deputy Prime Minister Lee Hsien Loong said on Wednesday. He said this amount, called the Singapore Allowance, was
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    • 861 7 TRADE and Industry Minister Yeo Cheow Tong on Thursday gave the most detailed explanation so far on the need to corporatise, and eventually privatise, Singapore Power (SP), saying that this would put in place a competitive structure to ensure efficiency
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    • 467 7 Goal is to ensure good long-term returns INVESTMENT returns on Singapore's reserves have averaged well over 5 per cent in Singapore dollar terms over the last 10 years, Finance Minister Richard Hu revealed in Parliament on Thursday. Replying to questions from Mr
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    • 499 7 WHILE efforts to promote the use of Mandarin among the Chinese will continue unabated, some space can be given to dialect speakers to enjoy dialect entertainment, Information and the Arts Minister George Yeo said on Thursday. He revealed that the Government had allowed the satellite
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  • HOME
    • 480 8  -  Moves to inform S’pore expat parents By M. Nirmala RAFFLES Institution is prepared to take in 90 female boarders as part of its plans to attract more occupants into its boarding school. This will enable expatriate Singaporeans to leave their
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    • 423 8 FOR the first time, a Malay student has won the Angus Ross prize for the best A-level English Literature script outside Britain. This is the ninth straight year that a Singapore student has won it since it was introduced
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  • Page 8 Miscellaneous
    • 1264 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (3IM BAND) MONDAY 1100 News m 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 Z Beat 1220 Business
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  • SPORTS
    • 397 9  -  S-League should look into crowd control measures, suggests FAS adviser By Joe Dorai SOCCER THE enthusiastic turnouts at S-League friendlies recently, with some leading to spillovers onto the field has given the league a happy problem, said FAS adviser Mah Bow Tan. Rowevei, uic m Communications
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    • 478 9  -  By Shirlynn Ho-Pereira DR CHAN AH KOW, one of the most familiar faces on the Singapore sports scene, died of a heart attack at his home in Mountbatten Road on Sunday. He was 84. He is survived by his wife Lucy and
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    • 149 9 FORMER Singapore national soccer coach Rahim Sattar (right) died at the Tan Tock Seng Hospital on Friday last week after a long illness. He was 75. Rahim, who was buried at the Muslim cemetery last Saturday, leaves behind his wife, two sons and a
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    • 458 9  -  Trainers, jockeys and owners assisting in horse-racing probe By Danny Khoo and Malcolm Bastians RACING ABOUT 10 people connected with local horse racing have been called up by the Corrupt Practices Investigation Bureau over the past week. Most of them were among the 50 also
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  • MALAYSIA
    • 415 10 Bernama. AFP KUALA LUMPUR Prime Minister Datuk Seri Dr MatattouAkteiato, to ing Malaysia's human-rights record, and accused the superpower of ignoring the rights of its own citizens and those of other countries. He defended Malaysia's Internal Security Act which allows detention
      Bernama.; AFP  -  415 words
    • 306 10 Bernama. JOHOR BARI The Sultan of Johor has agreed to let the state government hold birthday celebrations on his behalf after a three-year lapse. Mentri Besar Haji Abdul (■hani Othman said on Monday that Sultan Mahmood Iskandar had agreed to official celebrations marking his
      Bernama.  -  306 words
    • 397 10 Reuter. Bernama CANBERRA Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad will visit Australia for the first time in 12 years, heralding a dramatic improvement in relations. Prime Minister John Howard said on Thursday. Dr Mahathir, who has
      — Reuter.; . Bernama  -  397 words
    • 244 10 KOTA BARU A member of the Kelantan royalty has filed a writ at the Kuala Lumpur High Court for a declaration that he is the rightful heir to the state throne. According to a report in The Star on Wednesday. Tengku Iskandar claims to
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    • 369 10 Target: Improving pass rate in examinations SI'NGAI PETANI The government is studying measures to improve the pass rate of bumiputra candidates in the Malaysian school-certificate examination so that more bumiputras will be eligible for private colleges. Education Minister Datuk Seri Najib Tun
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    • 338 10 Regulations to counter lies and libel under study JOHOR BARU Those making libellous and disparaging imeffi&F to^l'Ve 1 'penalised under new regulations being studied by the government. The Star on Monday quoted Information Minister Datuk Mohamed Rahmat as saying that action would be
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  • SOUTH-EAST ASIA
    • 436 11  -  US and Indonesia to iron out differences over archipelagic routes later this month By Paul Jacob Jakarta Correspondent US AND Indonesian officials will meet here later this month to iron out differences over Jakarta’s proposal to have international maritime traffic use designated passageways whenever
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    • 442 11  -  By ing for workers. By Paul Jacob. JAKARTA President Suharto on Tuesday called on employers and workers to focus on developing a strong partnership and help Indonesia compete effectively in the international marketplace. Speaking at a ceremony to commemorate Indonesia’s Workers’ Day, he noted
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    • Article, Illustration
      43 11 Indonesian President Suharto holding a bunch of rice stalks at a harvest ceremony in a rural area of Indonesia on Monday. Mr Suharto was launching a month-long national campaign to mobilise grassroots movements to accelerate rural development. AFP picture. AFP picture.
      AFP picture.  -  43 words
    • 95 11  -  By Ignatius Stephen in Bandar Seri Begawan FOUR international fashion designers, including Pierre Balmain, have been shortlisted to submit their ideas for a new uniform for the stewardesses of Royal Brunei Airlines, according to airline officials. The new design has to conform to the
      white shawl. Royal Brunei Airlines picture.  -  95 words
    • 302 11 AFP MANILA President Fidel Ramos warned that “the stakes are just too high” for peace talks with Muslim rebels on the island of Mindanao to fail, and called on the region’s political leaders to help the negotiations succeed,
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  • COMMENT / Pick of the week’s editorials
    • 684 12 MARCH 14. 1996 YOUTH, fluency in English and a vigorously healthy interest in the ebb and flow of global currents make Singaporeans some of the world's most enthusiastic Netizens. or citizens of Internet. All the more reason, therefore, to ensure that the 100.000 or so users here
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    • 664 12 MARCH 13. 1996 BEFORE the issue of bus safety was raised in Parliament on Monday. Singapore Bus Service (SBS) had sought to place its accident record in context by making statistical comparisons. The 40 accidents in the first two months of the year were not
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    • 651 12 MARCH 11, 1996 IT WAS not that long ago that governments in the developing world which were made deliberate targets of disinformation campaigns or crude caricatures by mischievous media companies. primarily American and British ones, would flail and rant about "cultural imperialism”. An updated
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    • 833 12  -  By Alan John IT IS almost funny listening to some of the officers at the Environment Ministry talk about rubbish. They really do feel for it passionately and. listening to them at a recent dialogue between ministry officials and journalists, it
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  • COMMENT/ANALYSIS
    • 1063 13  -  By Tan Sai Siong Retailers’ cries for government help have become as familiar as some of their long-running sales to stimulate consumer appetite. This is because their wish for assistance has been expressed as frequently as they
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    • 998 13  -  By Chua Huck Cheng IT HAS been some years since Singapore’s regionalisation campaign hit its stride, yet two old themes still dominate the thinking and calculations of those who are offered overseas postings. One is about measuring the probability of advancement.
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    • 1051 14 Ambassador Nathan gives point-by-point rebuttal In an article headlined "Big Brother’s Hometown*’ published in The Washington Post on Feb 11, American academic Stephen Wrage made a scathing attack on Singapore. Below is the reply from Mr S. R. Nathan, Singapore’s
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    • 849 14  -  By Cherian George THE world is fond of damning American television shows even as it laps them up, but the United States has now commenced an exercise that other countries can applaud, and imitate. The industry there is moving towards a
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1151 15  -  Thinking Aloud Leslie Fong IDO not know how other Singaporeans look at it, but I the manner in which a part of last week’s Parliamentary debate on public order and nuisance was conducted. What I found unsatisfactory were, first, the failure of the
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    • 938 15 On Tuesday last week, Information and the Arts Minister George Yeo announced a licensing scheme lor all local Internet service operators and content providers to curb excesses in cyberspace. Singapore’s initiative is not unique as other countries have also taken steps to
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  • MONEY
    • 7733 16 INDUSTRIAL AND COMMERCIAL Transaction Date: March 15. 1996 1996 Curr Last Vol Day Gr’s Net M CapWtAvg High Low Company Traded Sale -for'000 High Low Div P/E Smil Price 214 165 Acer 50c US 178 13 44 179 173 119 294 7 494 318m 1 Acma 50c
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    • 342 17 IT HAD been a hairy week of trading for Asian stock markets, with market activity largely dictated by the overnight happenings on Wall Street. The US market had fallen victim to wide fluatuations in prices, after the release of economic
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    • 88 17 ST Industrials Index The Straits Times Industrials Inde* tel 33.45 points on the «reek to 2367.31. DAY CLOSE TURNOVER Monday 2316.34 (-84 42) 168.89m ($490 681m) Tuesday 2353.92 37.58) 96 197m (3301.053m) Wednesday 2300 73 (-53.19) 100 38m ($336 066m) Thursday 2329.58 (-*-28.85) 92.347m ($291 187m) Friday
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    • 523 18 AFP CORPORATE managers in the United States are more concerned about political risks in their country than they are about the risks in Singapore and Japan, according to a survey. •'This does not mean that these countries do not face political problems
      AFP  -  523 words
    • 1782 18 Company D«U «on Net earn TY LY ($m) <)m> CPS TY LY tctsl (cts) AlSB* Oct 30 P 8.737 2.175L 8.5 Ale« Hldqs Dec 14 1 1.159 1896 39 95 Alliance Tech Sep 27 1 1.589L 0 002 Amcol Sep 21 1 16.844 20.217 5.8 6.9 AMDS* Dec
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    • 514 18 Paymant <%> c« ditt Bosks closa Pay data A«»n ra r 100TE Mar 19 Mar 25 Apr 3 Ask Pacific F ION Mar 5 Mir 11 Mar 20 Avimo 20C F 13.75TE Fab 12 Fab 16 Mar 13 BAT 21C F 118N Apr 8 Apr 11 Apr 22
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    • 146 18 Company Place Date Tlee Von Dor Horst A It Pondon Crescent, *****7 Mar 11 2.00pm York Pac Hidqs c Young Room. 10 Coliyer Ouoy »06 05 Oceon Bldq (*****5) Mar 14 10.00am Singetronic c the Board Rm, Level 8 Smgotromcs Bldg. 506 Choi Choo Lone. (*****6) Mar 15
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    • 144 18 LISTED Jurong Shipyard’s 60 per cent owned marine and electronics subsidiary Jurong 24 Hours Automation Services has teamed up with a US firm to make smart cards. Jurong 24 Hours holds a 51 per cent stake in the smart card joint venture and American
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    • 532 18  -  Listing may take place before mid-year By Kalpana Rashiwala MR KWEK Leng Beng’s CDL Hotels International has announced finally its muchawaited plans to float its European and US operations on the London bourse. The flotation could be worth Ssl billion.
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    • 359 19 STRONG bilateral business ties between Australia and Singapore will not be affected by the change of government Down Under, Australian High Commissioner Ted Delofski said on Friday last week. “I am very confident that Australia’s relations with the region will be right
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    • 440 19 Friday March 15 HKS ASM Pacific 7.50 0.100 Allied Ind Int'l 0.43 0.03 Allied Oversea 0.54 001 Asia Sec Int 3.02 0.10 Bank of EA 25.75 0.50 C P Pokphand 3.75 0 15 CDL Hotel 4 30 0.12 Cafe De Coral 2.12 0.08 Cath Pac Air 13.05 unch Century
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    • 543 19 Mgr*’ prices, March 18 Singapore Unit Trust The Commerce 1 72-1.82 The Savings Fund 162-1 /hd S pore Prog Fund 066- 0 70 S pore Sec Fund 101-107 S pore Invest Fund 1 15-1 22 S pore Equity Fund 0 79-0.84 Credit Lyonnais Int'l Asset Mgt CL Asia
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    • 356 19  -  Two 30-storey condo blocks planned By Kalpana Rashiwala THE OCBC group has obtained provisional permission to develop its Kim Seng Road site into two 30-storey condominium blocks housing 256 units. Most of the tenants of the 65 pre-war terrace houses
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    • 328 19 THE area around the old Paya Lebar Airport has been earmarked for industrial development, including a 46 ha wafer fabrication park. The Development Guide Plan (DGP) for the area released on Wednesday seeks to complement other industrial estates in the eastern sector, such as
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    • 144 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.3964 ***** Sterling pound 2.1134 2.1649 Australian dollar 1.0669 1.1011 Canadian dollar 1.0129 1.0365 NZ dollar 0.9466 0.9794 EC unit 1.7783 Singapore dollars to 100 units of foreign currency Austrian schilling 13.2192 13.8066 Belgian
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    • 123 19 Contract date: March 15, 1996 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4', 4^« 414 4*4 4% 4 >« 19/3. 96 AS 6 6 a 6 7 7 5 V« 19/3/96 NZS 7 7'8 7^4 7 5 7 W
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    • 470 20 Earnings dragged down by shipyard’s difficult business environment CORPORATE RESULTS KEPPEL Corporation on Thursday last week announced flat net earnings growth of 1.3 per cent to $214 million, prompting analysts to announce a likely downward revision of their forecasts
      Timesgraphics  -  470 words
    • 353 20 STRAITS Steamship Land has chalked up a 25 per cent rise in group net earnings to $74.2 million for last year. The figure, however, was below the $84.2 million consensus forecast by 26 property analysts polled in the March edition of The Estimate
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    • 184 20 LISTED property and engineering company Guthrie GTS is proposing a one-for-five bonus issue and a special dividend of 10 per cent after a leap in net profits to $7.16 million for last year. Guthrie had a net profit of just $197,000 in 1994,
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    • 812 20 Net interest income up a mere 2.4 per cent in second half last year DBS BANK has reported an 11.6 per cent rise in group aftertax profit to $594.6 million for the year ended Dec 31.1995. The respectable double-digit growth masked a very difficult
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    • 349 20 NEPTUNE Orient Lines (NOL) on Tuesday announced a 28 per cent drop in net profit to $45.1 million for last year, as its turnover fell 4 per cent to $1.87 billion. Chief executive officer Lua Cheng Eng told reporters the fall
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  • Page 21 Advertisements
    • 843 21 -jj The Straits Times Weekl\ Edition mmm m illlliliiliilli mmmM Singapore National Eye Centre A Vision in International Excellence Singapore National Eye Centre is the national centre for clinical service, education and research in ophthalmology. The Centre is undergoing further expansion. We invite suitably qualified individuals to join us in
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  • Page 22 Advertisements
    • 1036 22 COMFORTGROUP The Comfort Group Ltd is a company listed on the Stock Exchange of Singapore with several subsidiaries principally engaged in transport-related businesses: taxi fleet operations, vehicle repair and inspection services. Recently, the Group has diversified into car distributorships. It has also operating subsidiaries in China and Myanmar. The strategic
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  • FORUM
    • 862 23 I REFER to the commentary by Sonny Yap, “But what are we doing to keep families under one roof 7 (ST Weekly Edition. March 2). Like the writer, the Government is highly concerned about the state of the family in Singapore. Although Singapore
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    • 558 23 DR CHEE Soon Juan (“Lim Chin Siong ‘a patriot and socialist, but not communist’ ST, Feb 17) disputed Dr Ow Chin Hock’s statement that Mr Lim Chin Siong had been a communist. He maintained that Mr Lim “would not have turned Singapore
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  • Page 23 Advertisements
    • 189 23 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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  • 1230 24  -  Learn from mistakes of others Govt willing to take tough decisions By Warren Fernandez SENIOR Minister Lee Kuan Yew on Thursday spoke about how Singapore can avoid becoming a slow-growing developed country by learning from the mistakes of others and
    Picture by WONG KWAI CHOW.  -  1,230 words
  • 279 24 SENIOR Minister Lee Kuan Yew yesterday underwent a successful balloon angioplasty operation for a narrowed coronary artery, a press statement from the Prime Minister's Office said yesterday. “An angiographic examination of the coronary arteries revealed that the previously dilated left circumflex artery had
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