The Straits Times : Weekly Overseas Edition, 22 June 1996
1996-06-22
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The Straits Times : Weekly Overseas Edition
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Title Section20 1996-06-22 1 The Straits Times WEEKLY EDITION SATURDAY, JUNE 22, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 008/08/9520 words
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Article, Illustration709 1996-06-22 1 Chua Mui Hoong - Bintan projects boost S’poreJakarta ties PM Goh and Suharto stress mutual benefits By Chua Mui Hoong in Bintan, Indonesia PRIME Minister Goh Chok Tong and Indonesian President Suharto on Tuesday opened the Bintan Beach International Resort, developed jointly by Indonesia and Singapore, and said that such economic cooperation would bringnational Resort, which also celebrated its official opening on Tuesday. Picture by GEORGE GASCON. - 709 words
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756 1996-06-22 1 Wang Hui Ling - By Wang Hui Ling NINE in 10 Housing Board flat residents polled in a survey commissioned by The Straits Times said they were satisfied with their HDB flats and estates, while seven in 10 credited their MPs with having improved their756 words
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Page 1 Advertisements
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Advertisement12 1996-06-22 1 8 ll *****r*****6 Household spending doubles from 1988 to 1993: Page 2412 words
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Advertisement9 1996-06-22 1 Planning a CAREER Move CHECK OUT Pages 21 229 words
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NEWS FOCUS
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794 1996-06-22 2 PRIME Minister Goh Chok Tong said on Thursday that he was confident that India's economic reforms had taken off and there would be no U-turn follow ing the change of government after the recent elections. He had concluded even before the general election794 words
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Article, Illustration553 1996-06-22 2 Allison Lim - By Allison Lim IN A dramatic demonstration of a mother’s love, housewife Poh Siew Kuan underwent a major operation on June 8 to give her 19-month-old son a part of her liver. It was transplanted into the toddler, whoPicture by AZIZ HUSSIN. - 553 words
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549 1996-06-22 2 Elena Chong - By Elena Chong THIRTEEN young women aged 17 to 25 who were involved in a Clarke Quay brawl last December were fined between $2,000 and $4,000 on Monday for being members of an unlawful assembly. Two of them, marketing executive Teo549 words
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Article, Illustration760 1996-06-22 3 She tricked people systematically over five years FORMER heiress, top model and convicted drug trafficker May Wong closed another chapter of her colourful life on Wednesday when she was jailed eight years on cheating charges involving nearly half a millionFile picture. - 760 words
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504 1996-06-22 3 MORE Division One officers in the civil service will be eligible for variable performance bonuses from July 1. And new clerks and other Division Three officers are set to get higher starting salaries in new schemes to be announced later this504 words
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457 1996-06-22 3 Geraldine Yeo - By Geraldine Yeo SAFETY incentive schemes introduced by bus operators this year have resulted in more drivers nav ing accident free records, said Dr John Chen, NTUC Assistant Sec-retary-General. He was speaking in Mandarin at a seminar on safety in the public bus transport industry457 words
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HOME
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687 1996-06-22 4 M Nirmala - Good grades alone are not enough for new NUS talent development programme By M Nirmala DISTINCTIONS alone will not guarantee a place in the National University of Singapore’s new talent development programme. Interest and potential are what Science Faculty lecturers are looking for m freshmen687 words
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Article, Illustration351 1996-06-22 4 M. Nirmala - -By M. Nirmala. IN A small air-conditioned room with no escape vents, Associate Professor P. Gopalakrishnakone works with poisonous snakes, spiders and scorpion? “It’s a high-security room kept under lock and key,” said the National University of Singapore don who, for the past 25 years,Picture by LAU FOOK KONG. - 351 words
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534 1996-06-22 4 For the majority, the real dream has been achieved: Sinnakaruppan ONLY a very small group of Singaporeans equate the Singapore Dream with owning private property, an MP said last Saturday. Mr R. Sinnakaruppan said these were university and top polytechnic534 words
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Article, Illustration883 1996-06-22 5 Teo Huei Huei; and Goh Chin Lian - Strong resistance to Republic losing its identity even if it gained benefits in return SM’s remarks on Singapore rejoining Malaysia By Teo Huei Huei and Goh Chin Lian SIX out of 10 Singaporeans polled were against the idea of Singapore rejoining Malaysia saying,883 words
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368 1996-06-22 5 LESSONS FROM THE PAST THE life of Qu Yuan, an upright politician during China’s Warring States period (475-221 BC), shows the importance of having good leadership and a clean political system, said Senior Minister of State for Community Development Ch'ng Jit Koon on368 words
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487 1996-06-22 5 Ahmad Osman - By Ahmad Osman CIVIL servants will receive an overall NWC wage adjustment of 6.5 per cent this year one percentage point more than last year. This would work out in many cases to be $45 plus 1.62 per cent of their487 words
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974 1996-06-22 6 Jason Leow - TVs, refrigerators and phones owned by most people Household Expenditure Survey 1992/1993 By Jason Leow MANY Singapore homes are well-stocked with consumer products with, predictably, richer households owning more expensive items such as Kersonal computers and andphones. The Household Expenditure Survey 1992/1993 found, for974 words
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639 1996-06-22 6 Walter Fernandez - By Walter Fernandez THE Singapore Democratic Party (SDP) and the Singapore Malav National Organisation (PKMS) on Sunday released a joint report arguing that the cost of living in Singapore has increased faster than wages. The SDP-PKMS Cost of Living Report 1996639 words
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Article, Illustration468 1996-06-22 7 Fong Mue Chern - By Fong Mue Chern SINGAPORE has one of the lowest death rates related to pregnancy and childbirth in the AsiaPacific region and in the world. It also has 100 per cent attendance of primary-school age girls in school, said aSourer Unicef - 468 words
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388 1996-06-22 8 THE Government will ensure that public transport remains affordable, Communications Minister Mah Bow Tan said on Sunday, It was true, he said, that private transport costs had gone up considerably, but he noted that most Singaporeans used public transport and said it would remain388 words
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Article, Illustration230 1996-06-22 8 Lillian Foo - Picture and story by Lillian Foo EIGHT-YEAR OLD Chung Guo Rong (above) ties up loose ends before joining his teammates on the field at the Kidsoccer Camp organised by NTUC Club. The Primary 2 pupil from Kuo Chuan Presbyterian Primary and 99 other boys230 words
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Page 7 Advertisements
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Advertisement87 1996-06-22 7 CALL FOR LESS N.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 are billed in 6 seconds increments with 30 seconds minimum AUSTRALIA usso.2s/mtn FRANCE usso.36/min GERMANY usso.39/m.n HONG KONG usso.4l/m»„ JAPAN US$O.33/mln KOREA usso.69/m*n MALAYSIA usso.99/min NEW ZEALAND87 words
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Advertisement191 1996-06-22 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,191 words
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Page 8 Miscellaneous
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Miscellaneous1244 1996-06-22 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 12201,244 words
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SPORTS
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Article, Illustration633 1996-06-22 9 Tay Cheng Khoon - Fandi’s equaliser enough to seal title for Geylang S-League soccer result: Woodlands Wellington 2 Geylang United 2 By Tay Cheng Khoon ANYONE who wonders why Fandi Ahmad still commands such a strong following in Singapore sport should have been at the National Stadium last633 words
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Article, Illustration76 1996-06-22 9 P W D L F A Pts Geylang 14 9 1 4 27 14 28 Woodlands 14 8 2 4 25 20 26 Balestier 14 7 3 4 22 18 24 SAFFC 14 5 3 6 27 25 18 Tiong Bahru 14 4 3 5 2076 words
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Article, Illustration811 1996-06-22 9 Shirlynn Ho-Pereira - by Shirlynn Ho-Pereira YACHTING I AM ready for Savannah. With that quiet, confident dec laration, Sportsman of the Year Benedict Tan said goodbye to Singapore on Monday as he left for tne Olympics in the United States. Savannah, an hour's flight from Atlanta811 words
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MALAYSIA
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371 1996-06-22 10 Minister calls for national debate on issue Road rage in Malaysia -NST. KUALA LUMPUR Transport Minister Datuk Seri Dr Ling Liong Sik, alarmed over a recent spate of road rage, wants the authorities to whip or jail violent motorists. He said he preferred-NST. - 371 words
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534 1996-06-22 10 Joint meeting also reaches agreement on 27 other issues cii uy uic iwu WU11U1C9 w u auc and economic cooperation. Bernama. PENANG Malaysia and Indonesia have agreed to set up a task force to facilitate the issue of visas tocii uy uic iwu WU11U1C9 w u auc and economic cooperation. — Bernama. - 534 words
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Article, Illustration318 1996-06-22 10 Bemama. WASHINGTON Prime Minister Datuk Seri Dr Mahathir Mohamad is seeking the help of Microsoft founder Bill Gates to create Malaysia’s own Silicon Valley. Sources said that Dr Mahathir, who was spending part of his vacation in Victoria, Vancouver, made a– Bemama. - 318 words
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Article309 1996-06-22 10 KUALA LUMPUR PAS appeared set to formally sever its ties with its partner in Kelantan, Parti Melayu Semangat 46 (PMS 46) when party President Fadzil Noor on unday urged members to prepare for the next election without the splinter Umno party. He said the309 words
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357 1996-06-22 10 Ho Wah Foon - By Ho Wah Foon in Kuala Lumpur THE Health Ministry has sought the Education Ministry’s cooperation in intensive efforts to stop the abuse of Ecstasy pills among youths, according to Health Minister Datuk Chua Jui Meng. “The Poison Board and Pharmacy Division357 words
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SOUTH-EAST ASIA
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Article, Illustration765 1996-06-22 11 A SINGLE time zone for Asean would bring about definite economic benefits such as increased trade, smoother economic coordination and more active stock mar kets, The Bangkok Post has reported. It quoted analysts in the region as saying that the keyTimesgraphics - 765 words
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539 1996-06-22 11 Ho Wah Foon - By Ho Wah Foon in Kuala Lumpur MINISTERS of Asean and Mekong states agreed on Monday on a basic framework of cooperation to develop the Mekong Basin when they met for the first time to discuss the project. Singapore’s Communications Minister, Mr Mah Bow539 words
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331 1996-06-22 11 Satwant Kaur - By Satwant Kaur n Phnom Penh TWO Singaporeans were attacked last Wednesday night in a bizarre incident of armed robberv and intimidation. Mr Freddie Teo, First Secretary at the Singapore Embassv in Phnom Penh, was getting into his car with his wife in331 words
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Article, Illustration501 1996-06-22 11 Lee Slew Hua - Focus now on boosting tourism By Lee Slew Hua Thailand correspondent BANGKOK Government plan ners have decided that an ambitious plan for a land bridge to link both coasts of Thailand and push industrialisation in the southern heartland should be scaled down501 words
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COMMENT / Pick of the week’s editorials
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Article712 1996-06-22 12 JUNE 21.1996 THAT constituents should want their Members of Parliament to be around is, of course, the most natural of things. However, visibility should not be the main criterion by which they should be judged because ultimately, what determines the quality of MPs is whether712 words
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657 1996-06-22 12 JUNE 20.1996 FOR the second time in two years, the United States and China have stepped back from a ruinous trade confrontation over intellectual property rights (IPR) which neither side wanted. This was wholly according to script, down to the llth-hourbargaining in657 words
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Article692 1996-06-22 12 JUNE 18.1996 SENIOR Minister Lee Kuan Yew’s assessment of the situation in Myanmar will not please either the eternal optimist or the unbending ideologue. He said that the “one instrument of effective government there is the army” because the civil service was not very effective692 words
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Article, Illustration705 1996-06-22 12 Yeong Ah Seng - By Yeong Ah Seng JUNE 26 is International Drug Abuse Day. It also marks the kickoff of this year’s National Anti-Drug Abuse Campaign. As always, the target audience will be young people who will be told in no uncertain terms the deleterious705 words
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COMMENT/ANALYSIS
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1964 1996-06-22 13 When Senior Minister Lee Kuan Yew considered the question, the conditions and the wisdom of Singapore's future reunion with Malaysia in a guardedly favourable light, it caught many Malaysians by surprise. Bunn Nagara, a Malaysian media and political consultant, looks at the prospects1,964 words
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1084 1996-06-22 13 Tan Sal Siong - By Tan Sal Siong SUPPOSE Singapore were to rejoin Malaysia, under what terms would Singaporeans find it acceptable to do so? When the Senior Minister was asked this question on June 7 at a dinner talk to the local and foreign1,084 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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2801 1996-06-22 14 Soaring property prices have sparked off much heated debate in recent months, with accusing fingers being pointed at foreigners, speculators, developers and the Government’s land tender system. But what really are the key factors behind the price spiral in the last three years?2,801 words
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Article, Illustration1228 1996-06-22 15 Are Singaporeans lacking in community spirit? Have they become more selfish as they become richer? Eliza Teoh broaches the issue with Dr Tan Em Ser, 42, senior lecturer at the National University of Singapore, Department of Sociology. Interview INSIGHT: In an interview with1,228 words
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Article, Illustration1220 1996-06-22 15 Chua Huck Cheng - Thinking Aloud Chua Huck Cheng THOSE days of thought activism when Singapore was part of Malaysia, the acrimonious Separation, ana Mr Lee Kuan Yew’s surprise revival of the issue 31 years later... all these have a resonance when taken through the continuum of1,220 words
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MONEY
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357 1996-06-22 16 Sharemarket review TRADING in the Singapore market picked up late in the week, but failed to muster a convincing rise as volumes remained thin. Brokers said the benchmark Straits Times Industrials Index was testing its floor below the 2,300 level357 words
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Article1287 1996-06-22 16 Company Oata ann Net earn TV LV (Sm) <$m) EPS TV LV let» (eta) ABN Amro May 14 r 2.616 2.286 7.7 6.8 ABB Hldqs Jun 6 F 0697 2.007 1.6 4.6 Ac or May 24 F 31.029 26.643 228 27.2 Armstronq Jun 4 F 4.401 3.273 2.91,287 words
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Article289 1996-06-22 16 Company Place Date Time Rotary Eng A 17 Tuas Avenue 20 (*****8) 16 Raffles Ouay «26-00 Hong Leonq Bldq (*****1) Jun17 10.30am S Financa c Jun 17 11.00am Actr Computer A 438 Alexandra Road Level 2, Alexandra Pt (*****8) Jun 18 9.00am Seksun A 513 Yisbun Ind Pk289 words
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Article1872 1996-06-22 16 Payment <%> Ca a at a Books dose data ABR HldQS bC F Jun 28 Jul 4 Jul 16 »tmj SO< F 15 JUM Jul 5 Jul 18 Alcorn F 6TC Jul 2 Jul 8 Jul 22 Amcoi 25C F 5 JultO Jul 16 Jul 26 Apollo b1,872 words
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Article164 1996-06-22 16 RIGHTS ISSUE ExBooks Acc t Company Ratio date close Paymt Eltech Fifteen-»3 free wrt-for-Jun 11 Jun1? NY A Electronic» ten $0.25 freight Links Two+T free wrt-for-four Apr 22 Apr 26 NY A $0.72 Liang Court Two-tor-five <*> $1.08 Jun 6 Jun 12 NYA MMC Three-for-five <P M$2.00 May164 words
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Article81 1996-06-22 16 ST Industrials Index The Straits Times Industrials Index rose 32.41 points on the week to 2303.34. DAY CLOSE TURNOVER Monday 2272.27 (+1.34) 49.444m ($196 347m) Tuesday 2267.60 (4.67) 58.386m ($196.654m) Wednesday 2291.93 (+24.33) 61.164m ($189.224m) Thursday 2299.22 (+7.29) 57.858m <$189.469m) Friday 2303.34 U4 12) 81.204m ($251.882m) BT—81 words
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Article44 1996-06-22 16 Alliance Tech Four 3 wrts-for-ten $1.00 Amcol One-for-two $2.05 H leong Fin One-for-five $2.30 Orchard P One-for-one $1.80 S'pore Re One-for-two <S $1.30 E Resource* One-for-five Flextech One-for-two MAA One-for-five Oriental H Two-for-five Perils Plant Ont-for-four S Coffeemix One-for-two ST Auto One-for-five44 words
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Article, Illustration489 1996-06-22 17 Colin Tan - By Colin Tan THE number of private property transactions has fallen more than two-thirds since the new curbs on property speculation were introaucea last month, says a Singapore Institute of Surveyors and Valuers (SISV) consultant. The number of private propertyTimasgraphics; Source: SISV - 489 words
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Article, Illustration311 1996-06-22 17 MR Peter Chen Min Liang will retire as chairman and chief executive of Shell Companies in Singapore on June 25. said a statement from Shell on Monday. Mr Chen, 58. joined Shell in 1962 and became chairman and chief executive in October 1993.311 words
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170 1996-06-22 17 Reuter. LONDON Singapore Airlines Ltd has said that Atlantic skies should be opened up to all airlines if the Anglo-US authorities approve the controversial grand alliance between British Airways and American Airlines. “The skies must be open, not just to US andReuter. - 170 words
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Article163 1996-06-22 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.3979 1.4139 Sterling pound 2.1319 ***** Australian dollar 1 0900 1.1242 Canadian dollar 1.0156 1.0392 NZ dollar 0 9363 0 9684 EC unit 1.7601 Singapore dollars to 100 units of foreign currency Austrian schilling163 words
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Article135 1996-06-22 17 Contract date: June 21,1996 CURRENCY 1 WITH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US$ 4 1 5 5 i 5 >4 5>. 4'. 25/6/% A$ 6 7 /s 6 7 7 7 7' 5 7 25/6/96 NZ$ 9’ 9 1 9 9135 words
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Article470 1996-06-22 17 Friday June 21 HK$ ASM Pacific 6 50 unch Allied Ind Int'i 0.41 -0.01 Allied Oversea 0.61 unch Asia Sec int 1.54 unch Bank of EA 27 60 0.05 C P. Pokphand 3.08 -0.07 CDi Hole! 4.25 0 03 Cafe DeCora 2 08 -0.02 Catn Pac Ar 14 00470 words
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Article526 1996-06-22 17 Mgrs prices. June 24 Singapore Unit Trust The Commence 1 68—1.78xdS T he Savings Fund 1.64—1.74® S pore Prog Fund 0.71-0.75© S pore Sec Fund 1.06-1.12© S pore Invest Fund 1.12—1.18*d© S'pore Equity Fund 0.82-0.87© Credit Lyonnais Int'l Asset Mgt CL Asia-Pac G' Fund 0.880-0 925* CL S526 words
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Article7975 1996-06-22 18 INDUSTRIAL AND COMMERCIAL Transaction Date: June 21.1996 1995/9« Curr Last Vol Day Gr’t Nat M CapWt Avg High LOW Company Traded Sale or000 High Low Div P/E Smil Prica 214 ASE NT$10 200 us 165 Acer 50c US I90cd>o ■2 141 191 188 5 ON 11.7 31457,975 words
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Article, Illustration542 1996-06-22 20 Douglas Wong - By Douglas Wong in Bintan CLOB-LISTED Johan Holdings Bhd and Indonesia s Sah id hotel and property group are the latest investors in the Bintan Beach International Resort (Bintan Resorts), pumping in at least $3OO million tor their projects. TogetherTimesgraphics - 542 words
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272 1996-06-22 20 SINGAPORE'S foreign reserves have crossed the $lOO billion mark for the first time. New Monetary Authority of Singapore figures show the official reserves amounted to $100.61 billion at the end of April, w hich was an all-time high. At Ssloo billion. Singapore's foreign272 words
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Article, Illustration637 1996-06-22 20 SOFT drinks giant Fraser Neave announced last Friday its group net earnings had jumped 31.7 per cent to $101.9 million for the six months ended March 31, 1996. Earnings per share rose to 35.2 cents, from 27.2 cents previously. Analysts said theTimesgraphics; Source: Bloomberg - 637 words
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390 1996-06-22 20 SINGAPORE is on its way to becoming Malaysia's top investor this year. New figures from the Malaysian Industrial Development Authority (Mida) show that Malaysia approved Ms3.l billion <S$l.7 billion) worth of fresh investment commitments from Singapore manufacturers in the first quarter390 words
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Page 21 Advertisements
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Advertisement890 1996-06-22 21 llllllilil MW. immw-mm The Straits Times Weekly Edition INT ¥SSS m WE ARE INSPIRING TOP ACHIEVERS AT WING TAI LAND. We are a wholly owned subsidiary of Wing Tai Holdings Limited, a well established corporation in Singapore and Malaysia that is making waves in various industries across the region Due890 words
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Page 22 Advertisements
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Advertisement995 1996-06-22 22 ■IP:w 4 _K m r IK ISI TE I .«r ill ACCOUNT MANAGER (ADVERTISING SALES) Account Managers out there, don't miss out 1 MTV has an exciting challenge you will truly enjoy. In your role, vou will be increasing our advertising volume from our clients and agencies, either locally or995 words
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FORUM
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431 1996-06-22 23 Remembering Qu Yuan I REFER to your report “Qu Yuan shows importance of upright leaders” (page 5). After more than 2,000 years of eating dumplings and watching dragon boat races, the Chinese have overlooked the reason431 words
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439 1996-06-22 23 WHY IS Singapore constantly criticised by the Western media and intellectuals as being an authoritarian or a dictatorial society? This view of the country obviously arises from Senior Minister Lee Kuan Yew’s strong leadership. If it is this strong leadership that439 words
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417 1996-06-22 23 Hearing will be held only if mediation fails I REFER to the letter “Mediation role for tribunal” by Mr Tan Koon Kiat (ST, June 11). The Tribunal for the Maintenance of Parents is set up to provide a legal channel for aged417 words
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Article, Illustration345 1996-06-22 23 I REFER to the letter “Tribunal to play mediation role for parents, children” by Mrs Sum Kim Lee, the Tribunal’s secretary (above). Singaporeans, and in particular people like Mr Tan Koon Kiat, who had expressed his concern over the Tribunal becoming “a channel345 words
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Page 23 Advertisements
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Advertisement124 1996-06-22 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, such124 words
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624 1996-06-22 24 Ng Wei Joo - Monthly income also up by 73% By Ng Wei Joo THE average monthly amount which households in Singapore spent almost doubled between 1988 and 1993, from $1,548 to $3,034. During this period, spending on items like transport and communication, housing, education and clothing624 words
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Article, Illustration489 1996-06-22 24 Raffles named top independent hotel INSTEAD of sending a manager to collect its award at the glamorous World Travel Awards in Las Vegas, Raffles Hotel sent its turbanned doorman Narajan Singh, dressed in resplendent white, to America. He received a rousing ovation from– Picture by NG HAN GUAN. - 489 words