The Straits Times : Weekly Overseas Edition, 23 March 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 21 1 The Straits Times WEEKLY EDITION SATURDAY, MARCH 23, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MIT A (P) 008/08/95
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  • 189 1 THE General Eleetion is likely to be held only after June. Leader of the House Wong Kan Seng said as mueh on Monday, without giving anything else away, when he told Parliament that the dates for the inspeetion of the provisional registers of electors
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  • 757 1  -  Government spells out its philosophy By Wang Hui Ling HEALTH Minister George Yeo on Friday last week spelt out three challenges facing Singapore in formulating its health policies. Speaking in reply to questions from MPs on a wide range of health issues, particularly on health
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  • 381 1 It’s sweet, almost like lobster and it’s cheaper FIFTEEN restaurant managers and businessmen gave the thumbs up on Monday to the Australian redclaw crayfish bred in Singapore for the first time by Ngee Ann Polytechnic. Managing director of Boon Lay Garden Restaurant
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  • NEWS FOCUS
    • 716 2 10 kg of drug seized, 26 people arrested CHRONOLOGY OF EVENTS Saturday, March 16 6am: Officers stake out the syndicate leader’s rented flat at Block 416. Hougang Avenue 10. 1.50 pm: A suspected trafficker leaves the flat. He takes a taxi to a
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    • 523 2  -  By Chang Ai-Lien FIVE members of two African fraud syndicates who tricked their victims into bogus money-laundering and fake notes schemes have been arrested. Two of the suspects, aged 27 and 28, were involved in the widely-publicised Nigerian scams, in which conmen
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    • 357 2  -  Reports by Tan Hsueh Yun THE Tampines tree may have given Tampines new town its name, but until recently, it was hardly seen there. Now, there are 26 saplings in the Tampines Tree Garden to remind residents how the HDB estate got its name. This
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    • 179 2 THE hardy Tampines tree was abundant in old Tampines. The place was commonly called Tampinis by Malay villagers staying in the area. Known also as Teng Puay Ni by the Hokkien-speaking community, its scientific name is Streblus elongatus. Timber from this hardwood tree was used to make
      Picture by ERNEST GOH.  -  179 words
    • 573 3 They beat up noisy inmate severely, causing extensive injuries THREE Queenstown Remand Prison officers were on Wednesday sentenced to between six and 10 years’ jail and ordered to be caned for causing the death of a prisoner last July. Rehabilitation officer Abdul Jamil
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    • 512 3  -  By Brendan Pereira A WOMAN, divorced from her husband of 25 years, was not awarded maintenance by the High Court after it found she had other resources to maintain the standard of living enjoyed before the break-up. This new life included having a
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    • 274 3 Flight stewardess murdered in Los Angeles SINGAPORE Airlines has agreed to give $400,000 to the family of a Taiwanese flight stewardess murdered in her Los Angeles hotel room last October. SIA spokesman Rick Clements described the settlement as a “private matter" between the airline
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    • 303 3 Com Chest funds for programme FOR more than 20 years, Madam Mek Ngah Abdullah, 69, lived alone in her rented one-room HDB flat in Bendemeer Road. But for the past two years, the childless divorcee has been able to look forward to the twice-weekly visits
      Picture by GEORGE GASCON.  -  303 words


  • PARLIAMENT BUDGET DEBATE
    • 982 4 Better pay, faster promotions and improved salary grades MAJOR changes to the teaching service were announced on Wednesday by the Government in a move expected to cost about $420 million a year to boos* the profession. The improvements to the terms and
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    • 652 4 NATIONAL Development Minister Lim Hng Kiang on Monday gave an assurance that Housing Board flats will remain affordable and that all indicators showed that they were indeed so He said that HDB would always take into account the income of Singaporeans when
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    • 711 4 Agreement reached on six major areas THE tripartite committee on the extension of retirement age has made “excellent progress", and members have reached agreement on six major areas, said Labour Minister Lee Boon Yang on Wednesday. They are: To raise retirement age beyond the
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    • 953 5 PARLIAMENT on Thursday approved the setting up of a select committee to look into the Government's health care subsidy of government polyclinics and public hospitals following allegations made by the Singapore Democratic Party (SDP) about the extent of the subsidy. Moving a
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    • 310 5 A “SMALL kindness movement” to encourage Singaporeans to do a little good deed each day is on the cards. Disclosing this on Friday last week, Minister for Information and the Arts George Yeo said that the Singapore Courtesy Council was keen to start such a
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    • 240 5 THE setting-up of a doping control commission is one of the initiatives being studied by the Singapore National Olympic Council (SNOC) and the Singapore Sports Council (SSC) to help eradicate drug abuse among local athletes. Community Development Minister Abdullah
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    • 244 5 A STUDY carried out by the Institute of Policy Studies showed that the problem of Singapore men setting up second families abroad “appears to be rather overstated”, said Community Development Minister Abdullah Tarmugi on Tuesday. He cited the study’s findings in
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    • 818 6 Members told to withdraw cash and buy annuities LABOUR Minister Lee Boon Yang on Wednesday rebutted suggestions that the Government was “hoarding" CPF funds for its own use by insisting that members keep a minimum sum in their CPF accounts at age 55.
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    • 474 6 Technically, legally feasible but still too early to decide, says Hng Kiang NATIONAL Development Minister Lim Hng Kiang said on Monday that it was too early to decide if the HUDC privatisation exercise should be extended to Housing Board flats although he had not
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    • 459 6 It will take more than two years to complete A BENCHMARK national study of the state of Singapore families will be undertaken this year. Expected to take up to 2 j years to complete, the study will collect information on
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  • HOME
    • 555 7 A 21-YEAR-OLD woman, who weighed just 32 kg after shedding nearly 40 kg in about five years, died early on Monday morning after having fits. Miss Irene Go Kim Huay, a first-year business administration student at the National University of Singapore (NUS), fell
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    • 208 7 CAUGHT IN THE ACT TWO men caught urinating into the Singapore River at Boat Quay early last month were each fined $9OO on Tuesday. Neo Ah Kim and Lee Chee Aik, both 22, were caught in the act by a health
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    • 519 8  -  By Raoul le Blond STREET soccer fever is spreading with at least four constituencies having their own pitches, and more coming up as part of upgrading programmes in HDB estates. At Tampines East Community Club on Friday last week. Communications Minister Mah Bow
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    • 410 8  -  South Africa and Latin America among the hot spots By Dawn Tan THE experienced Singaporean traveller is putting his dollar on new and exotic holiday destinations such as South Africa, Turkey and Latin America. Small crowds thronged the booths promoting these destinations at
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  • Page 7 Advertisements
    • 195 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
    • 1258 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 E Z Beat 1220
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  • SPORTS
    • 179 9 THE Singapore Sports Council plans to seek the advice of experts from Singapore Pools and the Singapore Totalisator Board on the feasibility of introducing legalised football betting here. Mr Abdullah Tarmugi, the Minister for Community Development, had said in Parliament on Tuesday that he would
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    • 429 9  -  SWIMMING By Shirlynn Ho-Pereira TEENAGER Sng Ju Wei was the only foreign-based swimmer named in Singapore’s team for the Asian Championships in Bangkok next month. The 15-year-old, who is studying and training in Canberra, will lead an 11-strong team to the biennial event. Singapore’s other
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    • 474 9 RACING MORE than half the horses formerly owned by Indonesian Cahayadi Si have been deleted and the rest sold off in private sales or given away. Of the 72 horses linked to him the bulk under the Indosin, Indocam and Three
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    • 518 9 James Wong is the discuss gold medallist at the 1995 Sea Games held in Chiangmai, Thailand. He is on a training stint in Germany. THE freezing weather was the first thing that hit me when I arrived in Halle, Germany, on Jan 15. After Singapore’s
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  • Page 9 Advertisements
    • 84 9 FOR FAMILIES, FRIENDS, BUSINESSES IN THE U.S.A.: Telephone calls and faxes from the U.S.A. (in U.S. dollars, on a per minute basis) to Singapore $0.26, Australia $0.25, Hong Kong $0.41, Japan $0.33, Malaysia $0.99, New Zealand $0.43, South Korea $0.69, Taiwan $0.58, Thailand $1.14, U.K. $0,23, etc. 6-seconds billing with
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  • MALAYSIA
    • 413 10 KUALA LUMPUR Foreign spouses of Malaysians have been reminded that while they could work here they were to refrain from meddling in political and union affairs. The Sun newspaper reported on Sunday. Deputy Home Minister Datuk Megat Junid Megat Avob gave
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    • 616 10 KUALA LUMPUR Agreement on the two key issues of a high-speed rail link and long-term water supply to Singapore would send a powerful signal that Singapore and Malaysia have entered a new era of cooperation Deputy Prime Minister and
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    • 334 10  -  By Dominic Nathan in Kuala Lumpur DEPUTY Prime Minister Tony Tan, at a meeting on Wednesday with Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad. discussed bilateral defence cooperation and concerns about the impact of undesirable material on the Internet. Dr Tan, who was
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    • 301 10 Bernama KUCHING Prime Minister Datuk Seri Dr Mahathir Mohamad said on Friday last week that judges should not rule with an eye to personal popularity and that Malaysia must practise laws suited to the situation and level of development. As such, the country’s
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    • 88 10 Bernama. INDONESIANS in Singapore who hold Surat Perjalanan Laksana Pasport (SPLP) travel documents must obtain visas if they wish to travel to Malaysia. The Malaysian High Commission in Singapore told Bernama news agency that the visa requirement came into force on March 1. The High
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  • SOUTH-EAST ASIA
    • 304 11  -  By Nirmal Ghosh Philippines Correspondent MANILA Filipino workers in Singapore, most of them domestic helpers, sent home a record US$lO6 million (Sslso million) last year, according to figures cited by Senator Ernesto Herrera on Friday last week. He said overseas workers a
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    • 433 11  -  By Paul Jacob Indonesia Correspondent JAKARTA Indonesian armed forces (Abri) chief General Feisal Tanjung has said that the military does not take sides with any political party. His remarks, on Friday last week, came in the midst of a controversy sparked
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    • 454 11  -  Move to ease traffic jams in Bangkok By Sinfah Tunsarawuth in Bangkok THAI officials are working on a plan to allow government employees holding similar jobs to swop offices to ones near their homes to ease traffic jams in Bangkok.
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    • 282 11 Reuter. UJUNG KULON (Indonesia) An increasing number of tourists are visiting the Ujung Kulon National Park hoping to shoot the shy Javan rhinoceros not with guns but cameras. Park rangers estimate that only 60 rhinos still live in the thick
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  • COMMENT / Pick of the week’s editorials
    • 651 12 MARCH 22, 1996 COMMENDABLY. if belatedly, the Government has sought to remove some of the problems relating to teachers' morale that received attention as long ago as 1978 in the report of an education study team headed by Dr Goh Keng Swee. Though a high
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    • 686 12 MARCH 21. 1996 THE Taiwanese should be glad they are choosing their president on Saturday. It is the firs* time they will have a direct say on whom they want for leader since Chiang Kai-shek and his Nationalists seeded a quarrel with the mainland
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    • 655 12 MARCH 19, 1996 BRIGADIER-GENERAL (NS) George Yeo made an interesting statement in Parliament last Friday that the Health Ministry would consider allowing some public hospital doctors, especially those who were not in positions of leadership, to spend part of their time treating private patients.
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    • 814 12  -  By Bob Ng SINGAPORE was in the media spotlight yet again last month, thanks to two commentaries in the Washington Post and republished in the ST. If you will pardon the journalistic shorthand, I would characterise one as pro-Singapore: What America can
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1882 14 Singapore has attracted much attention internationally, from those who admire its economic success, and from critics who attack its social and political policies. Asad Latif looks into the question of whether there is a Singapore model of development. THE Singapore model is
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    • 1062 15 “Budgeting for results”. “Autonomous agencies”. These are the latest catchphrases abuzz in the Civil Service. What do they mean? Are they mere jargon, of concern only to civil servants, or do they have wider implications for the public? Chua Lee Hoong explains.
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    • 1135 15  -  Thinking Aloud Chua Huck Cheng A DIPLOMAT with whom I had lunch recently asked how long I thought Singapore’s hot streak would last. Presumably, like many in his small community of trend watchers who had served in Singapore during an unbroken stretch of
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  • MONEY
    • 7680 16 1 INDUSTRIAL AND COMMERCIAL Transaction Date March 22. 1996 1996 High Low Company Curr Last Traded Sals -ForVol 000 Day High Low Gr’s Div Nat P/E M CapWt Avg $mil Price 214 166 Acer 50c US 179 -4 190 182 178 119 2963 494 318* m i
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    • 281 17 THE fortunes of the local bourse swung with the whims of foreign funds this week. Barring the two days when institutions made buy orders, the Singapore stock market was characterised by low volumes and small trading ranges. After see-sawing up and down
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    • 90 17 ST Industrials Index The Straits Times Industrials Index rose 31.63 points on the week to 2398.94. DAY CLOSE TURNOVER Monday 2361.45 (-5.86) 65 553m ($227 537m) Tuesday 2385 30 23.85) 88 078m ($365 292m) Wednesday 2383.96 (-1 34) 68 691m ($259 365m) Thursday 2422.80 (-‘-38.84) *****m ($402
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    • 814 18  -  By Tan Kim Song in Kyoto THE lower-than-expected corporate earnings of companies here last year were not a reflection of any “hidden weakness" in the economy at all, Finance Minister Richard Hu said here on Monday. “I don’t
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    • 1662 18 Company D«t« UNI Net earn TY LY <$m> ($m) CPS TV LY lets) (cts) AlSB" Oct 30 P 8737 2.175L 8.5 Al«> Hldqs Dec 14 1 1.159 1.896 39 95 Amcol Mar 8 P 21.240 44.679 7.2 15.3 3MD8" Dec 13 1 20.143 6.270 3.5 1.1 Amtek Eng
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    • 296 18 BONUS ISSUE ExBooks Company Ratio dat# close KL Keponq One-for-two Mar 6 Mar 20 OTHERS ExBooks Acc 6 Company Ratio data cloaa Paymt Kamayan Offer tor sola 6y HwangJan 31 Fab 14 Apr 3 Corp BMP DBS Sacs Sdn Bhd of tna rights to aliotmant of 82.375.803 wts
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    • 119 18 Company Rights Issue MMC Three-for-five HP MS2.00 Company Bonus Issue MMC Two-for-live ROC One-for-four San Tan One-for-five ST Auto One-for-five Company Others Lum Chang issua of SS80m principal amount of unsecured fixed rate bonds due 2000. MUI Conditional mandatory qen offer by Pan Malaysian ind Bhd to acquire
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    • 420 18  -  But no tender tranche on int’l markets By Tammy Tan THE Government will probably offer Singapore Telecom shares directly to foreign investors in the future, but not in the upcoming share sale to Singaporeans announced last month. This possibility was disclosed
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    • 145 19 SINGAPORE’S non-oil domestic exports grew at a mere 5.3 per cent last month, down from robust 23.9 per cent year-on-year growth recorded in January. Trade figures released by the Trade Development Board on Wednesday showed overall export growth in nominal terms slowed to 7.1 per cent
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    • 452 19 Friday March 22 HKS ASM Pacific 7.45 -0 050 Allied Ind Int'l 0.46 -0.02 Allied Oversea 0.57 -0.01 Asia Sec Int 2.85 -0.12 Bank of EA 26 80 -0.15 C P Pokphand 4 00 -i- 0 05 CDL Hofei 4.58 0.08 Cafe De Coral 2.20 0 08 Cath Pac
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    • 550 19 Mgrs' prices, March 25 Singapore Unit Trust The Commerce 1.75—1 85 The Savings Fund 1 64-1 74«d S pore Prog fund 0.67—0.71 S pore Sec Fund 1 02—1 08 S pore Invest Fund 1 17—1.24 S pore Equity Fund 0 80-0 85 Credit Lyonnais Int'l Asset Mgt CL
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    • 503 19 SINGAPORE came in 10th in a global ranking of top tourism earners last year, ahead of destinations such as Switzerland and Canada, the World Tourism Organisation (WTO) said. The Madrid-based WTO said in its just-released International Tourism Overview that Singapore earned
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    • 502 19  -  By Ann Williams SINGAPORE hotel tycoon Kwek Leng Beng may be setting the stage for the biggest acquisition of his career so far the takeover of some of the 100 hotels owned by the Thistle group in Britain, say market sources. Last Friday, Delham
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    • 150 19 COUNTER RATES Singapore dollars to one unit of foreign currency Bayfnf 00 Selin* US dollar 1.3998 1.4154 Sterling pound 2.1319 2.1830 Australian dollar 1.0751 1.1085 Canadian dollar 1.0203 1.0437 NZ dollar 0.9475 0.9795 EC unit 1.7805 Singapore dollars to 100 of foreign currency units Austrian schilling 13.2013 13.7959 Belgian
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    • 125 19 Contract date: March 22, 1996 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALI VALUE DATE US! 4' < 4--, 4- 1 4*4 4*/« 4 1 A 26/3/96 A$ 6*4 6*4 6‘* 7 5 5*4 26/3/96 NZ$ 8' 4 8 8 T* 7*4 7*4
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    • CORPORATE RESULTS
      • 757 20 Property developments and hotel operations are behind stunning showing PROPERTY giant City Developments (City Dev) has posted stunning 100 per cent growth in group net profit to $400.2 million for the year ended Dec 31, 1995. Booking of profits from local property developments as well
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      • 458 20 Analysts’ expectations unreasonably high, says deputy chairman of s4om shortfall DBS LAND has reported a 6.6 per cent increase in full-year group net profit to $158.3 million, nearly $4O million off ana- < lysts’ consensus forecast of $196.2 million in the March edition
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      • 363 20 YEO Hiap Seng chalked up a group net profit of $9.1 million for last year, against a $2.1 million loss in 1994. Operating profit after tax for the second half was $3.4 million, less than half the $7.8 million that
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      • 587 20 Higher provisions, poor broking gains mar performance AN EXPANDED loan portfolio, improved interest spreads and greater income from its treasury operations saw Overseas Union Bank (OUB) crossing the finishing line for the last financial year with an 18.6 per cent growth in after-tax profit
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  • Page 21 Advertisements
    • 1004 21 The Straits Times Weekly Edition National Council of Social Service is the umbrella body for social service organisations in Singapore. We plan and co-ordinate social services to the elderly, disabled, family, children and youth and the community. We also promote voluntary work. Our fund-raising arm, Community Chest, raises funds for
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  • Page 22 Advertisements
    • 608 22 MOTOROLA Motorola Semiconductor Products Sector ALL YOUR SYSTEMS KNOWLEDGE IN WIRELESS OR STORAGE CAN NOW BE DESIGNED INTO ONE GREAT At MOTOROLA R&D x A major initiative lor Motorola Semiconductor Products Sector is hap|>cning in Asia, and right here in Singapore. We are moving beyond semiconductor design and are embarking
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  • FORUM
    • 499 23 Careful drafting to protect public interest LESLIE Fong in his article “Should laws be less catch-all in nature” (ST Weekly Edition, March 16) agreed with Assoc Prof Walter Woon that certain provisions of the Miscellaneous Offences (Public Order and Nuisance) Act are
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    • 236 23 IN "THINKING aloud” (ST Weekly Edition, March 16), Mr Leslie Fong commented that I did not add much to the debate on the Miscellaneous Offences (Public Order and Nuisance) Bill. He missed my point. I highlighted the need to hold parents responsible
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    • 235 23 IN HIS Thinking Aloud column (ST Weely Edition, March 16). Leslie Fong alleged that first-time littering offenders were being served with “community work orders" (sic), even though when these orders were first introduced, the House was assured that they would be used only
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    • 338 23 I REFER to Mr Paul Chan Soon Heng’s letter “As easy as getting an egg to stick to Teflon-covered pan” (ST, March 12). We acknowledge that a heavy-handed approach to Internet regulation will not only stifle the development and usefulness of this powerful
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  • Page 23 Advertisements
    • 123 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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  • 798 24  -  By Chua Mui Hoong LABOUR Minister Lee Boon Yang on Tuesday announced revisions to the existing schemes allowing Central Provident Fund members to invest CPF funds. The changes will enable more CPF members to choose a wider range of financial instruments to invest in.
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  • 955 24  -  SM Lee leaves hospital after second operation Reports by Warren Fernandez SENIOR Minister Lee Kuan Yew was discharged from hospital yesterday after undergoing his second operation for a blocked heart artery in two months, declaring that he "was none
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  • 537 24 STRESS is one of the factors that could have led to his heart arteries becoming blocked, Senior Minister Lee Kuan Yew said yesterday. “I have been at this for over 30 years. I have not found stress a problem.
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