The Straits Times : Weekly Overseas Edition, 12 October 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, OCTOBER 12, 1996 Price: S$L.2O (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
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  • 579 1  -  Report on health-care subsidy endorsed By Chua Mui Hoong PARLIAMENT on Thursday expressed its regret over the attempts by Mr Ling How Doong and the Singapore Dem ocratic Party to mislead Singaporeans over the issue of government subsidy in health care. It also
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  • 606 1  -  By Sumiko Tan in The Hague (The Netherlands) SCHIPHOL airport is Europe’s air hub, and Cnangi airport is its equivalent in Asia. Rotter dam lies at the heart of Eu rope’s shipping routes, and the port of Singapore is its counterpart in Asia.
    Picture by GEORGE GASCON.  -  606 words
  • 384 1  -  By Leong Ching Ching THE National Development Minister predicted last Saturday that there will be about six more months of adjustment in property prices here. He also said he suspected that prices would “adjust downwards a little bit more” to draw out the
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  • NEWS FOCUS
    • 573 2  -  By Jean Chia FORMER Amcol Holdings executive director Ng Chee Kheong and corporate trader Peter Tay Huay Hong were chafed on Tuesday with conspiring to cheat Amcol into investing U 5539.6 million (5555.83 million) in a Mauritian resort project. The Corrupt Practices Investigation
      Pictures by AZIZ HUSSIN.  -  573 words
    • 529 2  -  By Leong Ching Ching THE Malaysia Medical Association (MML\) has filed a complaint against Dr Prem Pillay, head of neurosurgery in the Singapore General Hospital, for "advertising” in the country. In two letters to the Singapore Medical Council and the Singapore Medical
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    • 394 2  -  By Neil Behrmann in London THE Japanese will not have a monopoly on the opportunities that arise from East Asia's liberalisation, said Senior Minister Lee Kuan Yew here. In a speech to members of the Asia House at the office of investment
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    • 665 3  -  By Walter Fernandez THE People’s Action Party (PAP) has no plans to use changes to the electoral boundaries or the Group Representation Constituency (GRC) scheme as tactics to defeat the opposition in the coming General Election, said Prime Minister Goh Cnok Tong
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    • 578 3  -  Car crash in Perth By Dorothy Ho NATIONAL Science and Technology Board executive director Vijay Mehta and his wife, Dr Amar Kaur. were among three people who died in a car crash near Perth last Saturday. They were in
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    • 549 3  -  By Tan Hsueh Yun IMAGINE going home everv day to a seaside home, with lush beaches, tranquil parks and modem amenities. This new lifestyle will become a reality when laid back and sleepy Punggol is transformed into a unique seaside town for the 21st century. Punggol
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  • HOME
    • The Ge NEW FACES INTRODUCTION OF PAP CANDIDATES
      • 655 4  -  By Koh Buck Song SINGAPOREANS should vote wisely in the coming General Election because it wul be a watershed polls to select leaders to take the nation into the 21st century. Deputy Prime Minister Tony Tan issued this message to voters on Tuesday
        Picture by STEVEN LEE.  -  655 words
      • 464 4 LAWTYER Toh See Kiat remembers the Bukit Ho Swee fire in 1961 and the race riots of 1964 and does not want to see these tragedies happen again. He wants to make sure that the lessons from these unhappy events would not be forgotten and this
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      • 153 4 Age: 42 Occupation: Lawyer Family: Married to a housewife, with a nine-year-old daughter. Education: Bachelor of Law from the National University of Singapore. A Master of Laws from Harvard University and a Doctor of Philosophy from the University of London. Family background: Father was a stevedore
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      • 305 4 TRACK RECORD: “I have been poor and I have been working with different people, both rich and poor at all levels of grassroots organisations Hence I believe I understand some of the problems Singaporeans face at all levels. “Having taught in the Nanyang Technological University for
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      • Article, Illustration
        147 5 Age: 40. Occupation: Business Adviser to EM Services Pte Ltd and Executive Director of the Chinese Development Assistance Council. Family: Married to former nurse Patricia. Has two sons, aged 7 and 11. Education: Catholic High School, 1963-1974. Mathematics degree from Oxford University, UK, 1978. Masters from Stanford
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      • 122 5 Age: 48. Occupation: Senior lecturer in the department of decision sciences. Family: Married to computer specialist Chee Kiow They have a 20-year-old son and a 15-year-old daughter. Education: PhD and Masters in Management Science from Imperial College, London. BA (Hons) degree in physics from University of
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      • 452 5 “WHATEVER is worth doing is worth doing well.” An old adage, but it propelled Mr Chan Soo Sen into accepting the PAP’s invitation to him to stand as a candidate in the coming election. Mr Chan, 40, is a former government administrative service officer who
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      • 455 5 DR TAN Boon Wan, 48, wants to make a difference in other people’s lives. He believes good leaders make a difference to a country and society, and wants to do his bit to make a difference in individuals' lives. “I want to make life better for
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      • 344 5 TRACK RECORD: “I was born in a working-class family. We lived in a rental flat in Margaret Drive, where the NTUC now stands. I spent 38 years of my life in HDB estates, so when I interact with my grassroots workers, I feel very comfortable.
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      • 274 5 TRACK RECORD: “Having been in community work for the last 15 years, especially in the last three years as second adviser to Nee Soon South grassroots organisations, and with my work in the Ang Mo Kio Yishun Town Council, and in the Service Improvement Unit and my
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    • 633 6  -  On the menu: Prices of Peanuts Pickles Wet towels Chinese tea By Dawn Tan IF YOU go out to a Chinese restaurant for dinner tonight, be prepared for some extra items on the menu. The prices of peanuts, pickles. wet towels and Chinese tea
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    • 233 6  -  By Edmund Tee A MAN who was a transvestite died in police custody early last Sunday morning after he turned violent while in a cell at the Central Police Station at Beach Road A police spokesman said that Ali Syed Nordin, 38. who was accused
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    • 207 6 SPARKING A CHANGE A COMPLAINT to The Straits Times prompted the Restaurant Association of Singapore to start listing the prices of towels and other extras. A reader complained in the Forum page on May 30 that she felt cheated after being charged $8 for two
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    • 300 6 IT WAS a picnic under the stars, mingling with the birds in their natural setting at the Sungei Buloh Nature Park. Among the guests at The Nature Society’s fund-raising dinner last Sunday night were Deputy Prime Minister Tony Tan. Minister for Health
      Pictureby LAU FOOK KONG.  -  300 words
    • 509 7  -  By GinnieTeo THE Immigration Department is stepping up checks on employment pass holders who work in jobs other than what they are supposed to do. The department’s prosecuting officer said this after a Chinese national was fined $5OO for running an acupuncture
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    • 115 7 THIS year’s Singapore Lecture, by South African President Nelson Mandela, has been postponed, an Institute of Southeast Asian Studies (Iseas) press statement said on Tuesday. This is because President Mandela has postponed his visit to the region. Tne South African Foreign Ministry had announced in
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    • 565 8  -  By Allison Lim SINGAPORE now has its first vaccine against chickenpox, and for $67, parents can buy their children some protection against the disease. The Ministry of Health approved the vaccine for general use in adults and children more than one year
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    • 350 8  -  By Chang Ai-Lien A HAIRDRESSER visited the Singapore Children’s Society Convalescent Home nine years ago and fell in love with the youngsters there. Since that first visit, she has gone back every month to give the children free naircuts. Miss Joann
      Picture by ALBERT SIM.  -  350 words



  • Page 7 Advertisements
    • 193 7 GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION I The Master of Arts in Asia Pacific Studies taught in Singapore, made available to the region via internet... The only course of its kind in Singapore, the MA in Asia Pacific Studies is an internationally recognised Master's level programme from
      193 words
    • 181 7 Home Delivery weekly! Acrispsummaryofthe week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executives appointments... and highlights on Malaysia and the Asean. A convenient tabloid airmailed to you wherever you may be. Yes! Every week. Subscribe now. And be at home with the ST weekly. The Straits Times
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  • Page 8 Miscellaneous
    • 1131 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 9530 KHz (31M BAND) MONDAY 1100 News/Tonight on RSI 1109 Business Market Report 1115 Frontiers 1130 News 1135 The Front Page 1138 Take Five 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market Report 1230 News 1240
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  • SPORTS
    • 591 9  -  World No. 2 Chang upset by lOlst-ranked opponent TENNIS By Shirlynn Ho-Pereira THE man who had nothing to lose did everything right to win the inaugural Heineken Open Singapore tennis championships singles title last Sunday. And in doing so. American qualifier Jonathan Stark stunned top seed
      Picture by JERRY SEH.  -  591 words
    • 614 9  -  Taiwanese lands $45,220 S’pore PGA top prize GOLF By Tay Cheng Khoon JUST like the overhanging rain clouds which threatened before being blown away, Mardan Mamat’s early challenge for the US$2OO,OOO ($280,000) Yokohama SPGA Championship fizzled out at the Jurong Country Club last
      Picture by LILIAN FOO,  -  614 words

  • MALAYSIA
    • 217 10 Bemama SHAH ALAM The Selangor government has rejected an application for a permit to stage a concert by mega pop star Michael Jackson at the Shah Alam Stadium on Oct 27. State Local and Municipal Government Permanent Committee chairman Datuk Mohamed Aini Taib said
      Bemama  -  217 words
    • 428 10 The allegation The Federation of Malaysian Consumers’ Association (Fomca) earlier said that Singaporeans owned more than 55 per cent of houses in Johor and that the rise of living cost in the state was due to the ‘Singaporean factor’. JOHOR BAKU Only
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    • 453 10  -  By Brendan Pereira in Kuala Lumpur MORE than 200,000 former Parti Melayu Semangat 46 members were accepted en bloc as Umno members on Tuesday by party chief Datuk Seri Dr Mahathir Mohamad. He had conveyed the news of their admission
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    • 497 10  -  The MahathirSuharto meeting By Brendan Pereira in Kuala Lumpur MALAYSIA and Indonesia have decided to refer their claims on the Sipadan and Ligitan Islands to the International Court of Justice. This ends a stalemate over the islands, lying off the border between
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  • SOUTH-EAST ASIA
    • 464 11  -  By Paul Jacob Indonesia Correspondent JAKARTA The central district court dismissed on Thursday a suit by ousted Indonesian Democratic Party (PDI) leader Megawati Soekarnoputri against party rivals and the government, saying that it did not have the jurisdiction over what was “purely an
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    • 125 11 THAI bank officials in Ayutthaya’s Sena district boarding a boat on a flooded footpath outside their office on Tuesday. Flooding in Thailand has affected 1.9 million people across the country, killing 35 and causing 950 million baht (Sss3 million) in damages, a
      The Nation picture.  -  125 words
    • 286 11 -AFP. JAKARTA The next President of Indonesia could be a civilian, senior ministers were quoted as saying on Thursday, paving the wav for a break with a 30-year tradition which began with the rise to power of President Suharto. “Civilians and armed forces
      -AFP.  -  286 words
    • 209 11 AFP. MANILA Two inmates were stabbed to death and 24 others injured, two seriously, in a gang war involving more than 2,000 prisoners at the Manila City Jail on Thursday, officials said. The trouble began late in the morning
      AFP.  -  209 words
    • 176 11 300 ways to skin a cat... and export them from Cebu to Japan Reuter. CEBU (Philippines) If cat owners in this central Philippine city are missing their pets, chances are they will find them in a slaughterhouse in Bangkal village strangled and skinned. Workers at the slaughterhouse near here said
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    • 282 11 Reuter. JAKARTA Indonesia is expected to pass a broadcasting law later this month which could have a far-reaching impact on its radio, television and advertising industries, as well as limit foreign participation, a politician said on Tuesday. “We are now in the final stage of
      Reuter.  -  282 words

  • COMMENT/Pick of the week’s editorials
    • 680 12 OCTOBER 10 1996 SINGAPORE'S nearly 150.000 Netizens will be relieved to learn that all those fears provoked by a single Internet prosecution are groundless: Big Brother does not keep a watchful eye on surfers as they wander at will through the trackless infinity of cyberspace.
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    • 688 12 OCTOBER 8 1996 HONGKONG Governor Chris Patten s valedictory address to the Legislative Council (Legco) last week was expectedly dramatic. It was his last annual poli cv address on Hongkong; it was the last any British Governor would make there; and the forum was no other
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    • 664 12 OCTOBER 9 1996 THE sharp Philippine reaction to the latest harassment of National League for Democracy (NLD) activists in Myanmar, and the concern expressed by Thailand, have placed in the spotlight like never before the role of Asean in Myanmar's political emancipation. It is premature,
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    • 865 12  -  By Alan John BY THE time the man called the third time. I had an uneasy feeling that I would not be seeing my car again that day. Early that morning. I had left it at the agent’s workshop for
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  • COMMENT/ANALYSIS
    • 1232 13  -  My View WARREN FERNANDEZ IN A COLUMN in this space last week, my colleague Sumiko Tan wondered if the public hearings held by the Cost Re view Committee had caught the attention of Singaporeans, many of whom were
      icowHi Nio  -  1,232 words
    • 819 13  -  By Chan Hwa Loon THE decision bv chief statistician Paul Cheung to look again at the treatment of housing costs in the Consumer Price Index (CPI) is to be applauded. His decision came after several members of the Cost Review Committee (CRC)
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2173 14  -  The Prime Minister has proposed raising the maximum number of MPs in a Group Representation Constituency from four to six while retaining at least eight single-seat wards. What are the pros and cons of this proposal? In separate interviews, Chua Lee Hoong speaks to
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    • 1184 15  -  Thinking Aloud Han Fook Kwang WHEN Internet users here voiced concerns over the privacv of their cyberspace trips, the authorities were quick to assure them that no one was interested in what each of them was doing on the Net individually It was a comforting
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    • 1189 15 Mr James Gomez, 31, is a Singaporean political science PhD candidate at the School of Oriental and African Studies in London, doing research on Singapore’s national identity. Community Development Councils and enlarged Group Representation Constituencies are cohesion efforts to be welcomed, he argues.
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  • MONEY
    • 508 16 Singapore share market review THE local bourse suffered from an extensive bout of negative sentiment this week as shares fell heavily for four out of the five trad ing sessions this week. The benchmark Straits Times Industrials Index (STII) finished the week
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    • 87 16 ST Industrials Index The Straits Times Industrials Index fell 72.21 points on the week to 2076 65. DAY CLOSE TURNOVER Monday 2126.66 (-22.20) 74 088m (S226 924m) Tuesday 2116 04 (-10.62) 65.190m ($217 876m) Wednesday 2135 46 (•*■19.42) 58.711m ($185 938m) Thursday 2110.57 (-24.89) 77.057m ($184 335mi
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    • 1626 16 Company 0#t# #fM Not tarn TV LV <$m) (5m) EPS TV LV (eta) (eta) *tm» Stp 3 1 24.242 21.113 14.7 17.3 Alcom* Stpl2 1 13.682 14.510 10.7 11.4 Alt* Hidg» Stp 13 F 2 534 2159 845 7.20 Amjttti* Stp 26 P *****9 125.862 10.6 10.9 AmtaK
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    • 1142 16 Paymant <%) Ck data i! Ray data AiSB 50C D 3 Jan 2 Jan 7 Jan 29 AMDB 50C b 5 Oct 2 Oct 8 Oct 23 aim Hidgi D 6 Oct 2 Oct 8 Oct 18 A$i» P»C id b 2 Sap 16 Sap 20 Oct 18
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    • 72 16 Company Ptaea Dato Tima TroMJht A 62 Toh Cupn Road Oct 8 10.00am LinM »05 00 Fraight Lmkl Exprais Dittrlpark (*****1) ST Capital c Confaranca Room 2 79 RoOtnion Rood «30 00 Oct 9 3.30pm CPF Building *****97) HOtfl E VitU 1 Oct 9 4.30pm Propartiai Hilton Iftt'l
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    • 141 16 RIGHTS ISSUC Company Ratio Cldata Bookl clota ACC S Paymt Gadjah 2000 Ono-for-ono RuplOOO Oct 2 Oct 6 NYA OUT (L) OUT (F) Ono-for-ono 9 $2.00 Ono-for-ono *> $2.07 Sop 2$ Oct 1 Sop 2$ Oct 1 Oct 22 Oct 22 PSC Ono-for-two 9 $0.70 Sop 11 Sap
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    • 136 16 AlSB Thraa-for-flva RMS.SO Amcol Ona-for-two 9 $2.05 Eton Inti Ona-for-two 9 $1.22 H Kong ind Ona-for-flva RM6.00 Mulpha Ona-for-four 9 MS1.60 PMI Thraa-for-two MS1.00 Sungol Way Ona-for-four 9 MS4.00 Company Bonus Issua M Loong Ind Two-for-fivd Kamayan Corp Ond-tor-throo MAA Ona-for-flva Malayawata Ona-for-two Noal Gifts Ona-for-two OUT Ona-for-flva
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    • 561 17  -  By Alvin Tay MALAYSIA’S 14 foreign banks chalked up total group earnings of MS66O million (***** million) for the six months to June 30, with about a third contributed by Singapore’s banking giants, a ranking by The Straits Times shows. The foreign banks’
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    • 332 17 THE Stock Exchange of Singapore (SES) and Singapore Press Holdings (SPH) will launch the Business Times-Singapore Regional Index (BT-SRI) at a seminar next Tuesday. The component stocks of the new index will be disclosed by Minister of Finance Dr Richard Hu,
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    • 143 17 COUNTER RATES Singapore dollar* to one unit of foreign currency Buying OD Selling US dollar 1.3977 1.4137 Sterling pound Australian dollar 2.1715 1.0893 2.2250 1.1234 Canadian dollar 1.0266 1.0501 NZ dollar 0.9528 0.9855 1.7756 Singapore dollar* to 100 unite of foreign currency Austrian schilling 12.7523 13.3299 Belgian franc Danish
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    • 348 17 THE guild representing Great Eastern Life’s sales representatives has spoken out against proposed cuts in their commissions. Mr Mohd Amin, president of the GE Life Sales Representatives’ Guild, told a press conference last Monday: “It is a short-sighted policy to
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    • 118 17 Contract date: October *****6 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US$ 43, 5 5s 5s 5s 4 s 15/10/96 AS 6*4 6 5s 5s 5s 5h 15/10/96 N7S 9s 9 s 9s 8s 8s 8s 15/10/96 STG 5'« 5‘.
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    • 401 17 October 11 1996 HKS ASM Pacific 6 30 0 100 Allied md Inti 0 42 001 067 1 92 0 32 Bank of EA 29 35 -0.05 C P Pokphand 2 62 unch COL Mo*al 420 005 2 23 12 75 0 05 Century City 1 82 unch Cheung
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    • 603 17 Mgr» Prices. Oct 14 Singapore Unit T rust TheCpmmerce The Savings Fund S'pore Prog Fund 1 60-1 TO® 1 57-1 678 065—0 69xd8 0 55-1 01* 1.04—111® S pore Equity Fund 0.77—0 828 Credit Lyonnais Infl A»»o« Mgt CLAsa-PacGrFund 0 880-0 925" CL S pore Gr Fund 0
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    • 8573 18 I INDUSTRIAL AND COMMERCIAL Transaction Date: October 11 1996 1995 96 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale ♦or000 High Low Div P/E Smil Price ASE NT$10 200 US 1000 900 ASF US$0 01 100 US 900 900 214
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    • 527 20  -  Tie-up will boost presence in Brazil, Thailand and Vietnam By William Choong MAINBOARD-LISTED Showpla Asia and the Government of Singapore Investment Corporation (GIC) have pumped in an additional $15.3 million into their international joint-ven-ture company, which will then beef up
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    • 127 20 F&N Coca-Cola has announced the signing of a strategic joint venture in Pakistan with a group of business interests led by a local group called Packages. “Creating strategic alliances with strong local partners is an integral part of our investment philosophy,” Mr T. Burke
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    • 506 20 S’pore bourse most popular destination Reuter. HONGKONG The prospect of snaring a higher pnce-eam-ings ratio (PER) in overseas markets has led to a wave of spinoffs by Hongkong firms on overseas markets, where listing requirements also can be more lenient, analysts said. “Strict restrictions
      Reuter.  -  506 words
    • 218 20 SESDAQ engineering services company Inter-Roller Engineering Ltd is proposing a one for-two bonus issue to reward shareholders and a one-for-two rights issue to raise up to $7 million. DBS Bank, the manager and underwriter of the proposed rights issue, said on Wednesday that the Stock
      218 words
    • 303 20 THE owners of the 18-unit Galleria Apartments at Cairnhill Road have put up their homes for collective sale, three weeks after their neighbours at the adjoining Cairnhill Apartments did the same. Knight Frank, which is handling tne sale of both properties, said the owners
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  • Page 21 Advertisements
    • 369 21 9 m.% Why a medical career in Singapore id easier to swallow than you think It’s no surprise really. With the advancements we’ve made in healthcare in recent years, Singapore offers you the ideal environment to develop your skills or to specialise. Envision a career that offers you a choice
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  • Page 22 Advertisements
    • 797 22 s The Straits Times Weekly Edition mmw-■ i ■Mi m U W' mm m MOTOROLA International Counsel South Asia (Part-time/Contract) You will be a member of Motorola's Asia/Pacific Law Department and will be based in Singapore. You will assist the Director (Legal) in managing, co-ordinating and monitoring all Motorola Corporate
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  • FORUM
    • 362 23 Case can recommend rebates where they are justified IN THE report, “Save more, spend wisely” (The Sunday Times, Oct 6), Prime Minister Goh Chok Tong expressed concern that Singaporeans may be living beyond their means and not saving enough for their old age.
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    • 201 23 THE German workers’ protest against generous sick pay cuts highlights certain similarities in the medical benefits systems of Germany and Singapore. German workers get up to six weeks’ paid sick leave per year. Some of our employers here give 30 days of fully-paid outpatient
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    • 298 23 FOR the past two years, Singapore’s stock market has been on a downtrend. Since the Kuala Lumpur Stock Exchange (KLSE) separated from the Stock Exchange of Singapore (SES), it has gone into unchartered waters. Now there are more companies listed on
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    • 335 23 Net censorship I REFER to the Forum page letters “Internet users need to know how pornography is defined” (ST, Sept 28) by Mr Richard Lim Siew Chye, “Net paedophilia an issue to be addressee!” (ST, Sept 28) by Mr Ng Chem Ann and
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    • 373 23 I REFER to your articles (ST, Oct 4) on Mr C.J. Koh’s donation of $2 million to the Universities Endowment Fund. Although it has been well publicised that the donation is tax-deductible, I wonder if it is equally well known that such donations
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    • 190 23 Stop visiting Johor for a while I AM concerned that as guests in Johor, it has again been suggested that Singaporeans are a contributing cause to the igher cost of living and, lately, the state of the roads in Johor Baru. If true, we owe our neighbours a big apology.
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  • 646 24  -  Many households may be living beyond their means By Chua Lee Hoong PRIME Minister Goh Chok Tong has expressed concern that Singaporeans may be living beyond their means and not saving enough for their old age. He said that many Singaporeans
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  • 639 24  -  By Brendan Pereira in Kuaia Lumpur DATUK Seri Dr Mahathir Mohamad broke down and wept on Thursday when he asked Umno delegates to reject candidates who have offered them bribes or campaigned for posts. "Reject all of them, regardless of whether they are
    Bernama pictures.  -  639 words
  • 118 24 KUALA LUMPUR Foreign Minister Datuk Abdullah Ahmad Badawi was elected on Thursday as one of three Umno vice-pres-idents, regaining the position he held for three consecutive terms until 1993. But Youth and Sports Minister Tan Sri Muhyiddin Yassin lost his post as vice-president in a seven-way
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