The Straits Times : Weekly Overseas Edition, 18 May 1996

Microfilm: NL20732
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
Page thumbnail Page 1
  • Title Section
    Masthead
    20 1 The Straits Times WEEKLY EDITION SATURDAY MAY 18, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/95
    20 words
  • Article, Illustration
    Govt acts to cool private-home market
    687 1  -  Tightening loans, taxing gains among steps taken By Warren Fernandez THE Government on Tuesday announced a sweeping package of measures to curb speculation and “cool the temperature” in the private property market here. These include steps to tighten housing loans, especially to foreigners, and,
    687 words
  • Article
    Executive condominiums to cost nearly 10% less
    462 1  -  By Ann Williams THE first executive condominiums to be launched next month will cost between $460,000 and $650,000 each nearly 10 per cent less than earlier estimated. Acting Prime Minister Lee Hsien Loong also said on Tuesday that the Government will expand and
    462 words
  • Article
    Speculators’ profits hit
    274 1 SPECULATORS who sell their properties for a profit within three years of buying them could end up paying as much as half of their gains in additional stamp duties and income taxes under new rules announced yesterday, which take immediate effect. Acting Prime Minister Lee Hsien Loong
    274 words
  • Article
    Doctors in US happy with SlM’s recovery
    249 1 Regular work schedule ‘should resume gradually THE doctors who reviewed Senior Minister Lee Kuan Yew’s medical condition in the United States last week are happy with his re coveiy and have recom mended that he resume gradually his regular work schedule. Mr Lee,
    249 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • NEWS FOCUS
    • Article, Illustration
      Lock icon Tuas Checkpoint ‘will ease jams in Woodlands, boost ties with Malaysia’
      506 2  -  By David Miller THE Tuas Checkpoint will ease traffic jams in Woodlands and Johor Baru and promote good bilateral relations with Malaysia, Home Affairs Minister Wong Kan Seng said on Wednesday. At a ceremony on Wednesday, he laid a
      – Picture by WONG KWAI CHOW.  -  506 words
    • Article
      China wife fails to annul marriage to Singaporean
      610 2  -  By Brendan Pereira IT BEGAN as a dream come true for technician Soh Thian Fook The first woman he dated became his wife after a one-month whirlwind courtship. He splashed out $B,OOO on their wedding, bought her jewellery and paid for their
      610 words
    • Article
      Govt accepts NWC’s latest wage guidelines on pay rises
      341 2 THE Government has accepted the latest guidelines on wage increases set by the National Wages Council (NWC). The Labour Ministry said this last Saturday, the day after the guidelines were released. The ministry’s statement noted the positive outlook for the economy,
      341 words
    • Article
      Suzhou project’s first land sale by tender in June
      457 3  -  Four parcels up for sale Reports by Reports by By Tan Tarn How China Correspondent SUZHOU The China-Singa-pore Suzhou Industrial Park will offer its first land sale by tender next month in Singapore’s flagship project in China. Four parcels totalling 3.1
      457 words
    • Article
      Opening soon: S’pore school in Suzhou
      264 3 SUZHOU The China-Singapore Suzhou Industrial Park Development Company Ltd (CSSD) is investing US$3.5 million (554.9 million) with a joint partner to build a Singapore international school here. The school will open in September for pre-school andprimary students and will have The Chinese High as
      264 words
    • Article, Illustration
      Lock icon Projected economic growth of S’pore raised to 7.5-8.5%
      956 3  -  Electronics and construction do well in first quarter By Tan Kim Song THE Government has revised upwards its economic growth forecast this year from 7-8 per cent to 7.5-8.5 per cent, after a higher-than-expected first quarter growth rate. The 10.7 per cent
      Timesgriphics  -  956 words
    • Article
      Budding crayfish breeders bag entrepreneur award
      342 3 A TEAM of Ngee Ann Polytechnic students who found a cheap and quick way to breed crayfish on Wednesday won the $30,000 top prize in a business competition. The brownish-red crayfish look like small lobsters, taste like crab and can be served steamed, stir
      342 words
Page thumbnail Page 3
Page thumbnail Page 4
  • HOME
    • Moves to curb property market
      • Article, Illustration
        New ruling takes heat off market
        665 4 Sellers withdrawing, lower asking prices Private property market SELLERS of private apartments and condominiums, who would be hit by the new property gains tax and stamp duties, nave begun withdrawing their properties from the market even as others lower their asking prices. But the
        665 words
      • Article, Illustration
        Lock icon Buyers wait to see if HDB prices will fall
        409 4 HDB market A BUSINESSMAN was left stranded on Tuesday night when the buyer of his Bishan executive maisonette backed out of the $780,000 deal. The buyer had heard about the Government’s moves to cool speculation and the property market, and would
        Picture by LIM SENG TONG.  -  409 words
      • Article
        Government to release more land for private housing
        455 4  -  By Ann Williams THE Government will increase its land sales for private residential properties by up to one-third from 6,000 units this year to 7,000 to 8,000 next year. Announcing this on Tuesday, Acting Prime Minister Lee Hsien Loong said the Government
        455 words
    • Article
      NSTB pumping in $700m more into R & D scheme
      466 5  - NSTB pumping in $700m more into R D scheme Companies in key technologies to be targeted By M. Nirmala THE National Science and Technology Board is putting aside another $7OO million in R D grants for corporations willing to set up research ana development centres here. It is wooing especially
      466 words
    • Article
      Flat, shop owners to get advance compensation
      750 5  -  HDB’s Selective En-bloc Redevelopment Scheme By Yeow Pei Lin FLAT and shop owners affect ed by the Housing Board’s Selective En-bloc Redevelopment Scheme (Sers) will now receive part of their compensation in advance so that they can use it to pay for their
      750 words
    • Article
      US forces using facilities here find the access 'very useful’
      503 5  -  By I Felix Soh THE United States finds the access to facilities offered by Singapore very useful as it allows its forces to have a forward presence in the region, said America’s military chief on Thursday. General John Shalikashvili, Chairman
      503 words
    • Article
      Women’s Charter changes: Committee ready
      214 5 THE nine members of the Select Committee set up to scrutinise amendments to the Women’s Charter were named on Wednesday. The committee, chaired by Speaker of Parliament Tan Soo Khoon, will include Community Development Minister Abdullah Tarmugi, Senior Minister of State (Health and Education) Aline
      214 words
    • Article, Illustration
      Lock icon Queenstown prison to make way – probably for private housing
      426 6  - Queenstown prison to make way probably for private housing By TanHsueh Yun THE 30 vear-old Queenstown Remand Prison in Jalan Peniara, off Margaret Drive, will be relocated, and the land probably redeveloped for private housing. The Queenstown development guide plan has the area zoned for residential development. Earlier this month.
      Picture by TAN SUAN ANN.  -  426 words
    • Article
      Young ‘can look forward to safe and secure future’
      426 6  -  Hng Kang outlines 4 areas to look out for By Geraldine Yeo SINGAPORE is on track for the next century and young people can look forward to a safe and secure future, said National Development Minister Lim Hng Kiang to 150
      426 words
    • Article
      CJ reduces jail term for Beijing woman’s ex-husband
      353 6 A BEIJING woman's ex husband was on Tuesday acquitted of one of his two convictions for falsifying evidence and had his sentence for the other reduced from six months to one month. Chief Justice Yong Pung How said: “I am fully aware
      353 words
    • Article
      Ministry bans skin ointment from China
      257 6 It contains fluocinonide, listed as poison THE Health Ministry on Tuesday outlawed an ointment made by a pharmaceutical company in China as it contains a product not approved for sale in Singapore. The cream, labelled Unguentum Fluocinonidi, contains fluocinonide, a poison listed under the
      257 words
    • Article
      Down Under tours: Rates up
      484 7  -  THIS YEAR’S AND LAST YEAR’S PRICES 1996 $2,538 $1,798 $1,488 11-day tour of Melbourne and Gold Coast: Seven-day Gold Coast tour: Six-day trip to Perth: 1995 $2,338 $1,698 $1,238 By Rav Dhaliwal WITH two weeks to go before the mid-year school holidays begin, travel agents
      484 words
    • Article, Illustration
      Mother’s Day turns tragic as granny dies after fall
      416 7  -  By GinnieTeo IT WAS a lovely Mother’s Day for grandmother Madam Chung Terk Foon, 71, until she fell down the stairs at Tanglin Shopping Centre after lunch with her family of 12 on Sunday and died. She was being helped down
      416 words
    • Article, Illustration
      Working smarter saved SIA $30m
      479 8  -  By Ahmad Osman JASON and Amelda Lee got married about three years ago, but Singapore Airlines still put the cabin crew couple in separate hotel rooms whenever they were on duty together overseas. Cabin crew executive Michael Lam then proposed that SIA place married couples
      479 words
    • Article, Illustration
      Teenage girl who swallowed fishbone dies
      222 8 AN 18-YEAR-OLD girl who swallowed a fishbone last month died after vomiting blood last Saturday. Miss Tan Welyn (below) was recovering from an operation to remove the fishbone which had lodged in her lung, said her family. Speaking from the girl's flat in Serangoon
      222 words
Page thumbnail Page 5
Page thumbnail Page 6
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      83 6 CALL FOR LESS isr.E. T. 24 Hours A Day, 7 Days A Week For your Home or Business SINGAPORE usso.26/min FROM U.S.A. All calls arc billed in 6 seconds increments with 30 seconds minimum AUSTRALIA US$O.25/min FRANCE US$O.36/min GERMANY US$O.39/min HONGKONG US$O.4l/min JAPAN US$O.33/min KOREA US$O.69/min MALAYSIA US$O.99/min NEW ZEALAND
      83 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      193 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,
      193 words
Page thumbnail Page 8
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1244 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M 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 1220
      1,244 words
Page thumbnail Page 9
  • SPORTS
    • Article, Illustration
      S-LEAGUE TIGER BEER SERIES: HALF-TIME REPORT CARD
      41 9 FOREIGN PLAYERS 7 LOCAL PLAYERS 7 GEYLANG’S FANDI AHMAD 6 WOODLANDS’ V. SUNDRAMOORTHY 6 RATINGS ON A SCAIE OF 1 TO 10 REFEREES, LINESMEN 5 SPECTATORS, FANS 8 CLUB COACHES 7 CLUB OFFICIALS 7
      41 words
    • Article
      Thava’s waiting to serve his ‘paper dosai’
      506 9  -  By Tay Cheng Khoon A COLLEAGUE from The New Paper sent me this message through the office e-mail last week: “Be prepared to enjoy S. Thavaneson’s paper aosai." The cheeky blighter was reminding me of the Baiesuer Central president’s challenge that if his
      506 words
    • Article
      Six-strike Sejdic achieves his goal
      406 9  -  THE FOREIGN LEGION By S. Murali IF THE foreigners in the SLeague were brought in to score the goals, most have done their job so far. Of the Tiger Beer Series’ top nine scorers so far, eight are from foreign shores, the only local with
      406 words
    • Article
      Fans give league rousing support
      268 9  -  THE FANS By Shirlynn Ho-Pereira AFTER several fans hurled abuse at rival supporters in an insolated incident last week, an observer quipped that fans were like spouses cannot live without them, cannot live with them. But happily for the Tiger Beer Series, there is more
      268 words
    • Article
      Goalkeepers the most outstanding
      397 9  -  THE LOCAL LADS By Santokh Singh SAMAWIRA BASRI may have been the most impressive outfield player, but it is the Singaporean goalkeepers who have distinguished themselves. At the mid-way stage of the Tiger Beer Series, the local custodians seem to be faring as well, if not
      397 words
Page thumbnail Page 10
  • MALAYSIA
    • Article
      Lock icon Cholera outbreak 'contained on Penang' but spreading to other states
      490 10 Reuter. AFP. Bemama. PENANG The cholera outbreak has been contained on Penang, the state's top health official saia on Thursday. At least 339 people were in hos pital, but only 132 new cases had been reported since Wednesday morning, down
      Reuter.; AFP.; Bemama.  -  490 words
    • Article
      Caning under consideration to beat indiscipline in schools
      390 10 SHAH ALAM The Education Ministry is considering corporal punishment as one of tne options to tackle the growing problems of indiscipline in schools. Datuk Seri Najib Tun Kazak has said The Sun on Wednesday Datuk Najib as saying that the Education Ministry
      390 words
    • Article, Illustration
      Lock icon Ning goes to court to restrain manager
      176 10 Bemama. SINGER Ning Baizura Hamzah (right) has filed an application in the High Court for an injunction to restrain her manager s company from dealing with her money and to stop the company from receiving money on her behalf. In the applications filed
      Bemama.  -  176 words
    • Article
      Umno pledges to make Malaysia first industrialised Muslim country
      606 10  -  By Salim Osman n Kuala Lunp„ UMNO has pledged to make Malaysia the first Muslim country to join the ranks of the industrialised nations by the turn of the next century. It noted, at the end of the party's unitv- convention
      606 words
    • Article
      London Sunday Times apologises to Razaleigh in KL ad
      431 10 THE Sunday Times of London placed an advertisement in a Malaysian newspaper in which it apologised to Tengku Razaleigh Hamzah for suggesting that he had a “corrupt connection" to a banking fraud in Hongkong. The half-page advertisement in The New Sunday
      431 words
Page thumbnail Page 11
  • SOUTH-EAST ASIA
    • Article
      Fewer Filipinos seeking jobs abroad
      507 11  -  But skills gap at home threatening competitiveness, says official By Nirmal Ghosh Philippine Correspondent MANILA The number of registered Filipino contract workers working abroad dropped last year by 13.5 per cent over 1994, due to stricter government regulations on deployment, according to the Philippine Overseas
      507 words
    • Article
      Lock icon $2m worth of Ecstasy pills seized in Indonesia
      257 11 Reuter. JAKARTA Indonesia has seized more than 80,000 Ecstasy pills worth US$l.6 million (552.2 million) and arrested five people, the Antara news agency said on Sunday. It quoted police as saying on Saturday that they had arrested four Indonesians in recent days
      Reuter.  -  257 words
    • Article
      Storm over Manila charter changes
      579 11  -  Critics charge that under proposal, Ramos may run for President a second time By his supporters. By Nirmal Ghosh. MANILA Controversy erupted anew on Thursday over proposed changes to the Constitution, which critics of President Fidel Ramos say could lead to his running for President
      579 words
    • Article, Illustration
      Lock icon All tied up for the King
      60 11 THE world’s longest tie getting its creases out on Tuesday in Bangkok’s National Stadium. At 99.64 m, it was nearly 40 m longer than one that beat the world record in Bombay in 1994. The tie was part of the festivities surrounding the 50th
      AFP picture.  -  60 words
    • Article
      Asean to discuss changes to nuclear-zone treaty
      441 11  -  By Lee Kim Chew in Jakarta ASEAN countries are going back to the drawing board in their bid to secure agreement from the big powers to make South-east Asia a nuclear weapon-free zone. The five nuclear powers have thus far declined to sign
      441 words
Page thumbnail Page 12
  • COMMENT / Pick of the week’s editorials
    • Article
      An open mind on property
      677 12 MAY 16 1996 THE cautious reaction yesterday that came within hours of the Government’s release of property market control measures on Tuesday evening was predictable. But this is no reason to suppose that it portends calamitous happenings to a sensitive sector in which reside not
      677 words
    • Article
      Putting age and gender to use
      701 12 MAY 15. 1996 THE National Wages Council might appear to be restating a time-worn point by warning that Singapore companies are not doing enough to make older people and women join the workforce, but it is a necessary exercise Where older males are concerned.
      701 words
    • Article
      Razaleigh and a new equation
      688 12 MAY 14, 1996 THE imminent return to Umno, Malaysia’s ruling party, of exUmno maverick Tengku Raza leigh Hamzah provides a vivid study of the contrasting fortunes between his and party president Mahathir Mohamad s. For the Kelantan prince, descent into near political oblivion was his
      688 words
    • Article, Illustration
      A $1.5b payout for faster progress and better services
      742 12  -  By Yeong Ah Seng THE Communications Minister's announcement over last weekend that the expiry date of Singapore Telecom’s exclu sive licence for basic telecommunication services will be brought forward from 2007 to 2000 is welcome news The reasons given for opening
      742 words
Page thumbnail Page 13
  • COMMENT / ANALYSIS
    • Article, Illustration
      To keep public loos pristine, privatise them
      1133 13  -  I believe that unless more radical steps are taken to encourage the growth of a new generation of public toilets to match Singapore's 21st-century affluence, my ex-journalist friend, in another 23 years' time, could still be asking me: “Why haven't we solved the
      1,133 words
    • Article
      Civil society can be a means of bonding
      961 13  -  By Chua Mui Hoong A SEMINAR last week to discuss the future of civil society in Singa pore agreed on some things: that fostering its growth was a good thing, and that prospects for its future expansion looked positive. Sociology lecturer Kwok
      961 words
Page thumbnail Page 14
  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • Article, Illustration
      Why is the cost of living still an issue when CPI is so low?
      2042 14 The Prime Minister told Asiaweek recently that the Government would spell out its vision for the 21st century in the coming elections. But he added that Singaporeans were still very much concerned with the daily cost
      2,042 words
    • Article, Illustration
      Independent MPs as sparring partners for the Government
      1357 15 in his May Day rally speech, the Prime Minister warned Singaporeans that a freak election result might arise if they were ‘seduced by idealistic arguments of the opposition’. On the possibility of former and present Nominated MPs standing as independent candidates, Mr
      1,357 words
    • Article, Illustration
      Marksists of the world unite, if the price is all right
      1216 15  -  Thinking Aloud Asad Latif GALILEO Galilei appeared on the horizon as I followed the exchange between Mr Leslie Fong, who spoke of how a Chinese poet and official had refused to bow before unearned authority for five packs of
      1,216 words
Page thumbnail Page 15
Page thumbnail Page 16
  • MONEY
    • Article
      SES MAIN BOARD
      7442 16 I INDUSTRIAL AND COMMERCIAL Transaction Date: Mav 17.1996 1995 96 Curr Last Voi Day Gr’t Net MCapWtAva High Low Company Traded Sale Of'000 High Low Div P/E (mil Price ASE NTS10 200 US 214 165 Acer 50c US 189 unch 265 190 188 SON 11 7 312
      7,442 words
    • Article
      Govt new rulings on property sent bourse into a tailspin
      376 17 THE Government’s announcement of new rulings to rein in residential property speculation sent the stock market into a tailspin in the middle of the week ana has continued to dominate trading since. The hardest hit were the property and banking
      376 words
    • Article
      DAY-TO-DAY STOCK INDICES
      76 17 ST Industrials Index The Straits Times Industrials Index fell 28.45 points on the week to 2341.79. DAY CLOSE TURNOVER Monday 2385.46 (+15.22) 75.13m ($267.605m) Tuesday 2365.17 (-20.29) 93.82m ($322.692m) Wednesday 2321.50 (-43.67) 179.96m ($732.638m) Thursday 2347.89 (+26.39) 112.92m ($415.813m) Friday 2341.79 —6.10) 104.92m ($362.617m) BT—MGA Index The
      76 words
    • Article, Illustration
      SingTel’s monopoly will end in year 2000
      728 18  -  By Tammy Tan THE Government said last Saturday it was ending Singapore Telecom's monopoly in basic telecommunications services in the year 2000 seven years ahead of the original deadline. In return, the Government will compensate Sing Tel with a lump sum taxable payment
      728 words
    • Article
      CORPORATE RESULTS
      1150 18 Company Otft nn Nat aarn TV LY ($m> (Sro) EPS TV LY lets) lets) aiss* Mar 29 1 1448 1.973 1.4 1.9 Amsta#i* Mar 26 58.760 74.338 5.1 66 ANA Motfl* May 10 F 3.795 3392 7 9 71 Asiamatrli Mar 29 P 4.934L 3.176L Bolt or* Mar
      1,150 words
    • Article
      COMPANY MEETINGS
      275 18 Company mm Date Time S land A 50 Raffles Place 47th Storey Snell Tower May 14 10.30am C Resources A Hyett Regency Spore Sir Henry Keppel II 10-12 Scotts Road (*****1) May 15 10.00 am Esso (M) A Nirwene 1 lower Looby Kl Hilton Hotel Jin Sultan Ismail
      275 words
    • Article
      DIVIDENDS ANNOUNCED
      1531 18 Payment (S*) Ik Hat* Books ciosa P y data ABNAmro 5fl r 40h May 6 NVA May 20 UR Hidgs 5C r 3 Jun 28 JUI 4 Jul 16 Acma SOC f 15 luI! Jul 5 Jul 18 A icon) F PTC out 2 Jul 8 Jul 22
      1,531 words
    • Article
      APPROVED ISSUES
      160 18 RIGHTS ISSUE Company Ratio Ex- Books Ace data dota Paymt Fraiqht Links Two*l fraa wrt-for four S0.72 Apr 22 Apr 26 NYA MMC Thraa-for-fiva MS2.00 May 9 May 23 NY A MBf Hidgs One-for-two «P M$0 90 Apr 30 May 6 NYA Wastmont Two-for-flve MS3.00 Apr 30 May
      160 words
    • Article
      PROPOSED ISSUES
      99 18 Alliance T Four 3 wrts-for-ten 9 $1.00 Amcol One-for-two 9 $2.05 Eltech Fifteen 3 free wrts-for-10 9 $0.25 Li<ng Court Two-for-flve 9 $1.08 MBf Hldgs One-for-two 9 MS0.90 Meiben Two-for-flve 9 $0.38 Orchard P One-for-one 9 $1.80 OCBC One-for-ten 9 $3.00 (U One-for-ten 9 $5.16 (F) PM Hldgs
      99 words
    • Article
      All systems go for MobileOne
      169 19 MOBILEONE, which is to begin mobile phone operations next year, is one of a handful of compa hies worldwide to test the new CDMA handphone system successfully. CDMA or Code Division Multiple Access on which Mobile One’s second system will be based is one of
      169 words
    • Article
      HONGKONG
      473 19 Friday May 17 HKS ASM Pacific 7.90 unch Allied Ind Int'l 0.43 0 01 Allied Oversea 0.57 0.01 Asia Sec Int 1.32 -0 06 Bank of EA 26 05 0.25 C P Pokphand 3 40 unch CDL Hotel 4 50 unch Cafe De Coral 2.42 -0.03 Cath Pac Air
      473 words
    • Article
      UNIT TRUSTS
      523 19 Mgrs' prices, May 18 20 Singapore Unit Trust The Comme r ce 1.68—1.78xd@ The Savings Fund 1.64—1.74® S pore Prog Fund 0.71-C.75® pore Sec Fund 1.03—1.11® Spore Inves* fund 1.17—1.24® S pore Equitv Fund 0.82-0 87® Credit Lyonnais Int'i Asset Mgt Cl Asia-Pac G r Fund 2 7C5—2
      523 words
    • Article
      Vietnam-S’pore industrial park a symbol of ties: PM
      695 19  -  By Sumiko Tan in Ho Chi Minh City THE Vietnam-Singapore Industrial Park (VSIP) is a symbol of relations between the two countries, and its first few years must be managed carefully to ensure its success, said Mr (loh Chok Tong on Monday.
      695 words
    • Article
      SIA net earnings soar 11.7% crossing $1b mark
      768 19  -  It sounds cautious note over 7.4% drop in company level operating profit By Sim Wai Chew SINGAPORE AIRLINES (SIA) has breached the $l billion earn ings mark lor only the second time since 1990. Releasing its results on Sunday, SIA said its
      768 words
    • Article
      CURRENCY
      152 19 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.3974 1.4134 Sterling pound 2.0992 2.1507 Australian dollar 1.1043 1.1390 Canadian dollar 1.0128 1.0364 NZ dollar 0.9459 0.9783 EC unit 1.7444 Singapore dollars to 100 units of foreign currency Austrian schilling 12.7378 13.3146 Belgian
      152 words
    • Article
      ASIAN CURRENCY UNITS
      132 19 Contract date: May 16, 1996 CURRENCY 1 MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US$ 4' 4 4". 5 4% 5 4'/< 20/5/96 A$ 6 7 6 7 6 7 6 6 7 5v« 20/5/% NZ$ 9 9 8-. 8 5 8>
      132 words
    • Article, Illustration
      Lock icon Construction is most robust sector of economy
      397 20  -  First Quarter Economic Survey Reports by Tan Kim Song and Douglas Wong WITH a close to 20 per cent growth rate, the construction sector stood out as the most robust sector in the economy in the first quarter of this year. The 19.4
      Timngnylwa; Sow**: tconomic surv*y ot Singapore First Quart*! IW6  -  397 words
    • Article, Illustration
      Electronics growth boosts manufacturing
      335 20 OUTPUT growth in the manufacturing sector was a robust 14.6 per cent in the first three months of the year, thanks to a 24.5 per cent growth in Singapore’s electronics industry, but this will moderate for the rest of the year. A Ministry of Trade and
      335 words
    • Article
      Manufacturing sector’s business cost down 1.4% in first quarter
      468 20 BUSINESS costs in Singapore’s manufacturing sector fell for the first time in a year, says the latest unit business cost index but analysts and industrialists cautioned against a literal interpretation of the figures. The unit business cost (ÜBC) index compiled by
      468 words
Page thumbnail Page 17
Page thumbnail Page 18
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      747 21 The Straits Times Weekly Edition m -y- < S H SATS, a wholly-owned subsidiary of Singapore Airlines, provides airport ground handling services to more than 55 scheduled airlines operating through Singapore Changi Airport. EXECUTIVE APPOINTMENTS We are looking for people with energy and enthusiasm and are keen on a career
      747 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      787 22 Mobil Asia Pacific Pte Ltd is the regional headquarters of Mobil Corporation, USA, a world leader in the energy business. To help us meet the IT needs for various growth areas, we are now seeking suitably qualified candidates to join us in the Global Information Services Department as: Applications Analysts
      787 words
Page thumbnail Page 23
  • FORUM
    • Article, Illustration
      Lock icon Not easy to let other grads become engineers
      362 23 They have to undergo degree programme I REFER to the letter “Let graduates in other disciplines ao engineering” (ST, April 30). The writer has asked if the Ministry of Education has plans to encourage graduates m other disciplines to enter engineering fields.
      File picture.  -  362 words
    • Article, Illustration
      Lock icon Foreign investment boosts market
      262 23 Liberalising the local bourse I AGREE with Ms Goh Ju Lee’s views in her letter “Let foreigners invest in local share tranche” (ST Weekly Edition, May 11). The trading regime has to be liberalised if we want to reinvigorate the local bourse. Restrictions on foreign investment
      File picture.  -  262 words
    • Article
      All must be made aware of danger of treatment delay
      260 23 FISH-BONE SYNDROME I AM distressed by the case of Miss Tan Welyn who died tragically as a re suit of swallowing a seemingly innocuous fish bone (see page 8). The special report, “Swallowing a fish bone is common, and dangerous”,
      260 words
    • Article
      Plastic items creeping back into food industry
      437 23 Stop giving out straws and plastic caps for drinks IF YOU belong to the generation that has replaced burgers in your diet with spinach and broccoli, then you would remember the day when McDonald’s switched from using polystyrene boxes to paper wrappers to
      437 words
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      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
      123 words
Page thumbnail Page 24
  • Article, Illustration
    Lock icon PM to the well-off: Back Govt moves to help lower-income
    740 24  -  Levelling up needed to ensure social cohesion among S’poreans By Wang Hui Ling PRIME Minister Goh Chok Tong has called on Singaporeans who are better-oft to back his Government's efforts to level-up lower-income Singaporeans, arguing that these were needed to
    Picture by JEROME MING.  -  740 words
  • Article
    SES clarifies April 22 statement on HPL
    682 24 "No concerns over sales to SM and BG Lee’ THE Stock Exchange of Singapore on Wednesday issued a statement to clarify that it had not had any concerns over Hotel Properties Ltd’s sales to Senior Minister Lee Kuan Yew and Deputy Prime Minister
    682 words