The Straits Times : Weekly Overseas Edition, 26 October 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, OCTOBER 26, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
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  • 549 1  -  New initiative to develop total company training plans By Geraldine Yeo MORE companies need to make sure their staff training programmes promote their business goals, said the Skills Development Fund (SDF), which launched a new initiative on Wednesday to encourage corporations to
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  • 841 1  -  By Chua Mui Hoong A SEVEN HOUR cross-exam ination of Dr Chee Soon Juan during the marathon 12-hour long hearing of the Committee of Privileges on Thursday pieced together a picture of a confused Dr Chee who had been careless in his research,
    Picture by ALBERT SIM.  -  841 words
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  • NEWS FOCUS
    • 555 2  -  Move a boost to countries’ defence links By LeongChanTeik in Canberra. Australia SINGAPORE and Australia on Monday signed three agreements, giving a further boost to the defence links between the two countries. The most notable of the accords was one allowing the Republic of
      SPH pool picture by CHIN FOOK CHEW.  -  555 words
    • 110 2 SINGAPORE is one of the five best international cities with “easy living” qualities, according to a survey in Fortune magazine. Toronto, which topped the list of five best cities outside the United States, was cited for low crime, clean streets, green
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    • 623 2  -  Worked in 2 hospitals using a fake certificate By Tan Ooi Boon A SCIENCE graduate, 29, used his computer to make himself a fake medical degree certificate, then landed a government job and worked for five months as a houseman in two hospitals.
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    • 624 3  -  Malaysia’s 1997 Budget By Brendan Pereira in Kuala Lumpur MALAYSIA’S 1997 Budget contains a slew of incentives to promote high-tech industries and boost further the country's ambitions to become a financial centre. As expected, the Budget gives considerable attention to measures to reduce Malaysia's balance
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    • 641 3  -  Contempt of Parliament hearing By Sumiko Tan THE three other Singapore Democratic Party members questioned bv the Committee of Privileges on Thursday said they aid not know much about the party’s report on health care. They said they were not
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    • 198 3  -  By Jasbir Singh THREE makeshift camps believed to have been used by illegal foreign workers were discovered early Tuesday morning on a forested hilltop near the Kranji Expressway. Each was the size of a basketball court. They were close to one another
      Picture by LIM SENG GUAN.  -  198 words


  • HOME
    • 631 4  -  By Koh Buck Song SINGAPOREANS should emu late the American instinct of self-help both here and overseas. Deputy Prime Minister Lee Hsien Loong said last weekend at a dedication ceremony for the new Singapore American School. Speaking as guest of honour at the 15.3-hectare campus in
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    • 397 4  -  By Adeline Goh THE Internet is not quite a place where anything goes at least not for one regular contributor to the newsgroup soc.culture.singapore whicn discusses local issues. Mr David Tan Yeow Hee, 42, a marketing consultant, has taken people to
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    • 317 4 TAKING action against someone who offenas you on the Internet is not easy. When someone started sending messages to soc.culture.singapore in Mr David Tan’s name last November, he and three friends helped Sing Net to monitor the postings continuously. They recorded the times when a message was
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    • 501 4  -  By Thomas Lee A SECURE way of making transactions in cyberspace has been developed by two re searchers from the National University of Singapore. It allows a surfer to use a digital signature to buy items over the Internet. Designed to run on existing
      TIEN CHUNG PING  -  501 words
    • 138 4 SINGAPORE Telecom has shut down the Internet home page of a 17-year-old junior college student because it contained racist jokes. It was closed last month following complaints from 10 Internet users about the offensive jokes, which made fun of Malays. The home page, titled
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    • 506 6  -  The Fongs rode through landslides and a riot in India By Leong ChanTeik A YEAR after setting off from Singapore, motorcyclists Michael and Sonya Fong have completed the Asian and European legs of their round-the-world trip. The husband-and-wife team has gone through a
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    • 206 6 MICHAEL and Sonya Fong’s travels have raised about $85,000 so far for the Community Chest. Before they left last September, businessman Lincoln Cheng, 48, pledged to donate $20,000 in advance for each year of travel. He is the managing director of Business World
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    • 233 6 SINGAPOREANS enjoy the second highest quality of life in Asia, according to a survey published by Asiaweek, a Hongkong-based weekly news magazine. The survey awarded Singapore a score of 67 out of a possible 100, behind topplaced Tokyo with 71. Bandar Seri
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    • 597 6  -  By Lim Li Hsien THE Court of Appeal on Monday overruled its earlier decision and plugged a loophole which haa lea to the acquittal of a man who allegedly had more than 3 kg of crushed cannabis plants. In a
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    • 177 6 THE definition of “cannabis mixture” has now been widened to include a mixture of various parts of the same cannabis plant. Previously it was defined as any mixture of two or more types of vegetable matter. The Court of Appeal, citing a reading in Parliament, also said that
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    • 606 7  -  $l3-m hostel first under govt scheme By Alison de Souza IT IS not the Raffles Hotel, but its occupants said it was a vast improvement on their former lodgings. The $l3-million housing comf>lex in Kaki Bukit Avenue 4 is the irst foreign-workers hostel to
      Picture by WONG POK SEE.  -  606 words
    • 261 7  -  By Sand! Tan PRACTICE Theatre Ensemble is using its strength in Chinese drama to promote Mandarin. With its production of the successful Monkey Business, which toured primary schools here in February, the innovative 10-year-old theatre company has been working with the Speak Mandarin Campaign committee.
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    • 493 8  -  By Jasbir Singh JURONG Police have smashed a syndicate which forged and sold work permits. It operated from a shophouse in Rowell Road, off Serangoon Road. Ten people, including one Singaporean and one permanent resident, were arrested after a week-long operation that
      – Zaobao picture.  -  493 words
    • 156 8 OVER 2.000 Hakkas from all over the world will gather in Singapore next month for the 13th World Hakka Reunion. Deputy Prime Minister Lee Hsien Loong and Finance Minister Richard Hu, both Hakkas, will officiate at some of the events to be held
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  • INTRODUCTION OF PAP CANDIDATES
    • 671 5  -  By Koh Buck Song FOR the coming General Election, the People’s Action Party is likely to have no fewer minority candidates than the 17 now in Parliament, Deputy Prime Minister Lee Hsien Loong said on Monday. “We haven’t finished
      Picture by STEVEN LEE.  -  671 words
    • 555 5 DAVID LIM AS A young boy, Mr David Lim's favourite poster was one showing a group of sturdy trees with large canopies, with the line: “You plant trees for another generation.” The slogan fired his imagination, and it is this desire to
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    • 546 5 LIM HWEE HUA AS A working mother of three, research head Lim Hwee Hua, 37, believes she understands the concerns of other women in Singapore. "Women here have a very important role to play both economically and socially. I can fully appreciate the
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    • 528 5 S. ISWARAN MRS. Iswaran entered politics to help the underdog. "This is something which I feel strongly about," he said at a press conference to introduce the People's Action Party’s new candidates on Monday. Noting that, amid the prosperity ana affluence here, there were people
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  • Page 7 Advertisements
    • 188 7 Home Delivery Weekly! A crisp summary of the 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
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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
    • 367 9  -  SOCCER By Joe Dorai THE Singapore soccer team’s two oldest players, goalkeeper David Lee and midfielder Malek Awab, have decided to quit the national squad because of age and other commitments. The two regulars, who have served the nation
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    • 502 9  -  Warriors pip nearest rival Jaguars for 10.000 prize SOCCER By Santokh Singh SINGAPORE Armed Forces FC scored a double when it won the S-League’s NTUC Income Fair Play Award. The Warriors, who had won the Pioneer Series title, pipped nearest rival Tiong Bahru
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    • 317 9  -  S-Leaaue title match By Thomas Koh THERE WILL be no second chance for Tiger Beer Series champion Geylang United and Pioneer Series champion Singapore Armea Forces FC when they clash on Nov 9 to decide bragging rights as SLeague champion.
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  • MALAYSIA
    • 545 10  -  Tough stand needed to stem flow, says Mahathir By Brendan Pereira m Kuala Lumpur MALAYSIA will cane and deEort illegal immigrants, in a id to stem their flow into the country, said Prime Minister Datuk Seri Dr Mahathir Mo hamad. Also to be whipped
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    • 802 10  -  By Brendan Pereira in Kuala Lumpur A DECISION by the Selangor Religious Affairs Department to make it easier for Malay men to take a second wife has an gered a number of women’s organisations and intellectuals. Both groups say the move would only encourage men
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    • 434 10 KUALA LUMPUR In an unprecedented move, a deputy minister has opened his account books for scrutiny by an opposition MP to disprove allegations that he haa become wealthier since taking office. According to The Star on Wednesday, Deputy Minister in the Prime Minister’s
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    • 225 10 KUALA LUMPUR Malay sian television personality Normala Samsudin has filed a Ms6-million (553.3 million) suit against the publisher of Mingguan Wanita, a Malay news weekly, for allegedly libelling her in several articles. Her lawyers, who had filed a writ of summons at the High Court
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  • SOUTH-EAST ASIA
    • 515 11  -  It has been valuable asset in helping govt’s development programmes: Suharto By Paul Jacob Indonesia Correspondent JAKARTA President Suharto said on Monday that Indonesia’s religious diversity was not a barrier to national unity and had in fact been a valuable asset in helping the
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    • 442 11  -  By Paul Jacob Indonesia Correspondent JAKARTA In a reconciliation move, Muslim and Christian leaders have pledged to clean up and help rebuild churches burnt and damaged in the recent reli-gious-inspired rioting in the East Java town of Situbondo. Mr
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    • 483 11  -  FROM WHITE ASHES TO A GREEN AIRPORT By Nirmal Ghosh Manila Correspondent MANILA Clark Special Economic Zone the former American air base which was buried under two metres of volcanic ash when Mount Pinatubo erupted in 1991 is green and busy again, with several
      File picture.; Picture by NIRMAL GHOSH.  -  483 words
    • 175 11  -  By Susan Sim in Jakarta THE Indonesian government announced here on Tuesday that it had reached an agree ment with China on main taming its consulate-general in Hongkong after the territory reverts to Chinese rule next year. A statement from the Indonesian
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  • COMMENT / Pick of the week’s editorials
    • 672 12 OCTOBER 25.1996 REPUBLICAN charges over political donations received by the Democratic I’artv would have been understandable in the light of America's keenly-contested presidential campaign, which the incumbent Democrat is leading. This holds true even though the Republicans themselves arc no stranger to controversy over campaign
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    • 709 12 OCTOBER 24 1996 IT WOULD be unfortunate indeed if the Internet were to run loul oi the lamous axiom that a man is free to swing his arm only so long as it is in no danger of touching another man's nose. Freedom is of
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    • 728 12 OCTOBER 22 1996 DO YOU drive’’ Are you often in a hurry? Do you give to charity? Might you have a handicapped grandriiother whom you drive around, but who is not with you all the time'.’ The answer could well be "yes". But does
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    • 865 12  -  By Sia Cheong Yew THE Prime Minister has good reason to be concerned about the decline in household savings even though the consequential problems may surface only years later. In raising the subject at the Consumer Association of Singapore's 25th
      NOH ROSALES  -  865 words

  • COMMENT/ANALYSIS
    • 1062 13  -  My View CHERIAN GEORGE IN THE 1988 general election, the voters of opposition-held Potong Pasir constituency were told by the People's Action Partv challenger that he would build them a swimming pool if elected. The voters responded by giving Mr Chiam See Tong
      lUDWIGILIO  -  1,062 words
    • 783 13  -  By Florence Chong in Canberra SINGAPORE’S decision to set up a flying training school in Australia in 1993 added a new dimension to bilateral defence relationship. said Mr lan McLachlan, Australia’s Minister for Defence. And it was a “natural follow- on’’
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1955 14 A National Development Ministry study has shown that some town councils are not setting aside enough money for their sinking funds to pay for cyclical maintenance works scheduled in the next few years. Are coffers running dry? Chua Mui
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    • 344 14 HOLLAND S FUNDS HOLLAND Town Council’s own financial projections show that it may run into the red in the year 2002. Estimates from the council show a deficit of $2.54 million in its sinking fund at the end of the 2001/02 financial year.
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    • 283 14 POTONG PASIR’S FUNDS IS POTONG Pasir Town Council running short of funds for its cyclical maintenance works? Yes, says National Development Minister Lim Hng Kiang. No, says council chairman and Potong Pasir MP Chiam See Tong. Mr Lim had told
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    • 961 15  -  Thinking Aloud Asad Latif AS VIEWS are exchanged over the pro posed enlargement of Group Representation Constituencies (GRCs). a fundamental aspect of the discussion is in danger of escaping notice. This is that public response to the proposal, even when critical, underscores the acceptance
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    • 1260 15 What is the significance of the proposed amendments to the Constitution, introduced in Parliament by the Prime Minister recently? Chua Lee Hoong speaks to constitutional lawyer and lecturer Thio Li-ann. Interview INSIGHT: What is the background to these changes? Ms Thio:
      Picture by WONG POK SEE.  -  1,260 words


  • MONEY
    • 371 16 Singapore share market review THE success of two initial public offerings Labroy Maritime and Delifrance Asia led to a renaissance in smaller-capitalised stocks and recent listings. Brokers said there was a spillover in trading interest into these stocks, after these IPOs were oversubscribed
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    • 1555 16 ■moeny Ditl inn Nat earr TY (Sm) LY ($m> EPS TY LY lets) let*) -BN Amro Sap 18 .,696 ’,372 492 402 Ac mi S#0 3 1 24.242 21.113 14.7 17.3 AiSB* Sap 30 1 1.629 8 737 1.50 6.52 Alcom* Sap 12 ***** 14.510 10 7 11.4
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    • 60 16 -©mpanv Platt Oata Tima 3 at ac raft E A Shanton Wav s 24*11 OBS Btdq Towtr Two *****9» Oct 21 9.30am uroadwav i Hoard Room '8 Enterpma Road Jurong *****4) Oct 25 3.30pm CMIB Bhd t nrlstal Ballroom Mam Block Ratalmq Java Hilton Hotat SalanQor Darul Eh»an
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    • 105 16 SIGHTS ISSUE ExBooks Acc Company Ratio data OIOS* Raymt Gadian 2000 Ona-for-ona RupiOOO Oct 2 Oct 8 NYA OUT (L) Onefor-ona $2.00 Sap 25 Oct t Oct 22 GUT (fl Cop-for-one $2.07 Sap 25 Oct 1 Oct 22 OONUS ISSUE ExBooks Company Ratio data close Tnakrai Ona-tor-tan OCt
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    • 103 16 AISB ThrAA-for-flva RM5.50 Amcol OnA-tor-two $2.05 Ccon Inti Ono-for-two $1.22 H laong Ind OnA-for-fivA RM6.00 IntRollar OnA-tor-two $0.35 Mulpha Onp-tor-four M$1.60 PMI TIWAAfOr-tWO M$1.00 Sungai W*y OnA-for-four M$4.00 H LAong ind Two-tor-fivo IntRollar OnA-tor-two Kamayan Corp Ona-for-thraA MAA Ono-for-flya MAtiyiwAtA Onp-tor-two Modern» OnA-for-two PMI Ono-for-tour SthiunP OnA-tor-two Shangri-la
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    • 80 16 ST Industrials Index The Straits Times Industrials Index rose 12.68 points on the week to 2077.20. DAY Monday Tuesday Wednesday Thursday Friday CLOSE 2044.23 (-20.29) 2038.84 5.39) 2046.45 (+7 61) 2059.61 (+13.16) 2077.20 (+17.59) TURNOVER 127.53m ($250.915m) 122.07m ($190.935m) 135.34m ($234.290m) 92.020m ($200.755m> 83.51 lm($231.555m) BT—MGA Index
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    • 849 16 Payment (H) b date Books close Pay date AISB 50C 0 3 2 Jen 7 jan 29 AMDB SOC t> 5 Oct 2 Oct 8 Oct 23 Auric Pac SOC r 6 Nov 26 Dec 2 Dec 18 BMT $10 (100) r 5.6 Nov 6 Nov 12 Nov
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    • 498 17  -  By Jean Chia THE Stock Exchange of Singapore (SES) investigated a number of suspected insider trading cases, as well as instances where the last done prices of certain component stocks of the Straits Times Industrials (STI) Index were allegedly manipulated. The SES said in its
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    • 620 17  -  By Kalpana Rashiwala CLARKE Quay is converting its shopping area into Singapore’s first “low-price" retail centre to be opened in March or April next year. Tenants whose stores do not fit in with the new concept moved out when
      Picture by DENISE TAN.  -  620 words
    • 138 17 COUNTER RATES Singapore dollars to on# unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit ***** 2.2183 1.1015 1.0362 ***** 1.4207 2.2720 1.1355 1.0596 1.0070 1.8007 Singapore dollars to 100 units of foreign currency Austrian schilling 12.9162 Belgian franc
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    • 118 17 Contract date: October 25 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4v, 4» 5 5 5 4<« 29/10/96 AS 6 5'. 5'. 5'. 5 'i 5 3 29/10/96 NZ$ 8 s 8'« 7'« 7‘ i 7'. 8‘j 30/10/96
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    • 491 17 October 25 1996 HKS ASM Pacific 5 75 -0 250 Allied Ind Int'l 0 47 *0 02 Allied Oversea 0 68 0 01 Asia Sec Ini 2 30 0 02 30 20 -0 30 C P Pokphand 260 -0 07 CDl Hole 1 4 17 0 02 CateDe Coral
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    • 648 17 Singapore Unit Trutt The Commerce 1 62-1 72« The Savngs fury) 1 69—1 698 Spore P'Og fund 0.66—0 70»d® S oo'e Sec Fund C 96-1 02® S core invest Fund 1 06-1 1 3« Score Eouity Fund 0.78-0 83« Credit Lyonnais IntT Asset Mgt CL Asa-Pa: Gr Fund
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    • 8321 18 INDUSTRIAL AND COMMERCIAL Transaction Date: October *****6 1995 96 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale ♦Of000 High Low Div P/E Smil Price ASE NT510 200 US 900 1000 900 ASF US$0 01 100 US 900 214 165 Acer
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    • 463 20 OCBC Asset Management (OAM) has teamed up with US-based Alliance Capital Management and the International Finance Corporation (IFC) to launch the first nonSingapore dollar unit trust domiciled in the Republic. The OCBC Alliance IFC Asia Emerging Markets Index Fund, listed in
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    • 424 20  -  By Patrick Tan THE Singapore Grandlink Group has embarked on another two mega-projects to develop the Qingdao new city in China. It has entered into a joint venture with the Singapore Con federation of Industries (SCI) to build a $l5O million industrial park within the Qingdao
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    • 473 20  -  By William Choong SINGAPORE’S non-oil domestic exports for the third quarter contracted 2.4 per cent year-on-year in nominal terms dragged down by September’s worse-than-expectea performance. A 6.2 per cent fall in non-oil domestic exports was recorded in September from the year-ear-lier period as
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    • 276 20  -  By Mary Kwang China Correspondent BEIJING —The Chi-na-Singapore Suzhou Industrial Park Development Co (CSSD) has denied any plan to set up a vocational training centre at the park in Suzhou, a venture which is backed by both the Singapore and Chinese governments. In a
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  • Page 21 Advertisements
    • 313 21 Why a medical career in Singapore is 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 of rotations
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  • Page 22 Advertisements
    • 819 22 The Economic Development Board's focus is to promote world<lass industry and service clusters in Singapore. Innovation, responsiveness and an ability to understand and meet clients' needs characterise our approach. To support the EDB programmes and thrusts we are looking for outstanding individuals to be a part of our team of
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  • FORUM
    • 540 23 Retail outlook gloomy with high prices THE problems faced by our retail trade has led to the collapse of some big names. Those firms which were obviously trying to cater to upmarket purchasers have met an earlier death than others. More and more shopping areas are springing up in neighbouring
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    • 327 23 YOUR newspaper should really do a story on the difficulties of using the Singapore Book maintained by Singapore Telecom on the Internet. Recently, I wanted to look up a number in Singapore and found the phone book through a search
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    • 151 23 I REFER to the letter “Real hassle to use Singapore phone book on the Net” by Mr Charles E. Morrison. We thank him for his interest in our phone book and are most pleasea that we have users from as far away as Hawaii. As
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    • 186 23 I REFER to the recent press report on the vandalism of a doctor’s car by another doctor. Recent events involving the behaviour of the rich, such as flouting laws and disregarding the rights of others, especially the
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    • 226 23 I REFER to the article by Ms Chua Mui Hoong “Sinking funds: Will town councils have enough for cyclical maintenance work?” (See Insight, page 14). The heading “Holland’s funds: In danger of running into the red” is misleading and
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    • 554 23 ON OCT 20, TCS’ Channel 8 evening news showed a great number of Chinese Singaporeans celebrating Chongyang Jie by climbing heights ana trekking through the woods. According to the Chinese calendar, the day was the ninth day of the ninth
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    • 151 23 THERE is a growing trend in which general practitioners are peadling facial products under the guise of “dermatological expertise”, rather than concentrating on the treatment of their patients’ illnesses. Is it ethical for GPs to use marketing tactics on a captive pool of potential
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  • 546 24  -  Named Architect of the New Century this year By Ng Wei Joo in New York A PRESTIGIOUS think-tank in the United States has named Senior Minister Lee Kuan Yew as The Architect of the New Century this year. The Nixon Center for
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  • 373 24 THE Nixon Center for Peace And Freedom has written to The New York Times to take issue with American columnist William Safire for calling Mr Lee Kuan Yew a "tinpot tyrant". In a joint letter, published on Wednesday. Mr Dimitri Simes. president of the
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  • 166 24 SINGAPORE’S newest theme park the Singapore Discovery Centre opened on Thursday. The centre is a theme park about Singapore, captured through hign-tech and interactive exhibits of the Republic’s landmark achievements and milestones. It is in Upper Jurong Road, next to the Safti Military
    Picture by ALPHONSO CHAN.  -  166 words
  • 481 24  -  Fake money-laundering scam By Tan Ooi Boon TWO members of a notorious multi-million-dollar Nigerian fake money-launder-ing scam were given six-year deterrent jail sentences on Thursday in the first such trial here. District Judge Tan Siong Thye said the courts must send a “clear
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