The Straits Times : Weekly Overseas Edition, 2 November 1996

Total Pages: 23
1 24 The Straits Times : Weekly Overseas Edition

  • NEWS FOCUS
    • 651 2  -  Challenge will come after winning the General Election By Chua Lee Hoong WINNING the coming General Election and forming the government is not the big problem for the People's Action Party. Prime Minister Goh Chok Tong said last weekend Instead, the big
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    • 381 2 VETERAN Workers’ Party leader J. B. Jevaretnam should stand in Marine Parade in the coming General Election to allow the people to decide whether they back him or the People’s Action Party under Prime Minister Goh Chok Tong. PAP second organising secretary Matthias
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    • 233 2 SINGAPORE would be “sunk” if it tolerated the Chee Soon Juan brand of politics, where politicians made statements which were not backed by facts and figures. Prime Minister Goh Chok Tong said last weekend. He was speaking at a dialogue with grassroots leaders at the
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    • 601 2  -  Overdue baby bom retarded and died five years later By Elena Chong A YOUNG couple whose four-year-old daughter was born mentallv retarded and died five years later settled their medical negligence suit against a gynaecologist and the Government on Wednesday. Mr Sea Kok
      Pictures by AZIZ HUSSIN.  -  601 words
    • 565 3  -  More powers to MPs will lead to better-quality candidates By Chua Mui Hoong PRIME Minister Goh Chok Tong said on Monday that changes to the Constitution to increase the maximum number of MPs in each Group Representation Constituency would strengthen the nation’s political system.
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    • Article, Illustration
      147 3 FIERY TUMBLE: A devotee suffered bums when he fell while he was fire-walking at the Sri Mariamman Temple during the annual ceremony on Monday. Several devotees nearby carried him out of the pit immediately and poured milk over him to help relieve the pain. Mr Nathan, 48, a
      this is the first time such a thing has happened.” — Picture byALPHONSOCHAN.  -  147 words
    • 315 3  -  By Elena Chong LAWYER Low Seow Juan, who signed his wife’s signature on six documents for property transactions, was last week suspended from practising for two years for grossly improper conduct. A Court of Three Judges comE rising Chief Justice Yong Pung low, Justice M.
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    • 654 3 PARLIAMENT on Monday passed amendments to the Constitution which affect the powers of the Elected President (EP) in several key areas. The changes make clearer the scope of the EP’s powers to veto legislation which have the affect of curtailing his powers. They
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  • HOME
    • 420 4  -  By Sharon Vasoo IF YOU feel lethargic or dizzy at work, and if your nose is stuffed up. or you have an eye irritation or a dry throat.’it may not be the flu. You may be working in a sick building.
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    • 560 4  -  S’pore-Australia meeting By Florence Chong in Canberra SINGAPORE and Australia, concluding their first Joint Ministerial Committee (JMC) meeting on Thursday, reaffirmed their close relationship and put forward initiatives for further bilateral cooperation. The six ministers taking part in the two-dav meeting were unanimous that it
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    • 432 4  -  By Braema Mathi SINGAPORE students are in creasingly keen to know how they rate m English, mathematics, science and computer science. And to find out, they are turning to the Educational Testing Centre of the University of New South Wales in Aus tralia. This
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    • 328 4  -  By Julie Kee NUR Atiiqah Johari (above), the nine-year-old girl whose battle with ovarian cancer touched so many people, died on Monday at the National University Hospital. When Nur had both ovaries removed in August, there were many offers of help, including offers to
      DEnJsk TAN Sltl Noraisha broke down and wept °" heann8that her best friend, Nur Atiiqah, had died. — Picture by  -  328 words
    • 523 5  -  Reports by Allison Lim THE National University and Singapore General hospitals may be allowed to set their own surcharge rates for foreigners. At present, hospitals levy a 15 per cent surcharge, which is paid on top of the bills for
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    • In Parliament
      • 592 5 NOMINATED MP Walter Woon said on Monday that he supported the proposed changes to the Group Representation Constituency because they would benefit Singapore. Replying to criticisms that Singaporeans were being made to vote for a package deal rather than for the individuals
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      • 266 5 THERE is no need to ensure a minimal representation of women in publicly-funded commissions, committees and councils, said the Prime Minister. In a written answer to Nominated MP Kanwaljit Soin, Mr Goh Chok Tong said the Government should not interfere with a system in
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      • 657 5 ALL four opposition MPs on Monday closed ranks and spoke out strongly against the proposed amendments to the Group Representation Constituency scheme. They voted against the changes and argued that the amendments tabled by the Prime Minister were a ploy by the ruling party
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    • 324 6  -  By Dorothy Ho A HAWKER is in hospital after being stabbed. robtad and pushed out of a moving car in broad daylight in Toa Payoh last week. The three men who attacked Mr Tan Kian Keng. 49. took $lO,OOO cash,
      Shin Min picture.  -  324 words
    • 508 6 Bogus doctor THE Health Ministry has tightened its checks on foreigntrained job applicants to prevent another case of a bogus doctor being posted to hospitals here. This follows the case of Koh Teck Hin, 29, who used a fake medical degree to land a iob last
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    • 657 7  -  By Leong Weng Kam TAKASHIMAYA Gallery, a popular venue for public art shows in the heart of town, closed for good last month, possibly yet another victim of tne retail slowdown. The Japanese department store’s decision to convert the 330-sq m hall
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    • 440 7  -  By Tan Ooi Boon STARTING in December, forensic scientists here will put to use a state-of-the-art DNA profiling technique that will let them test scene-of-crime samples faster and more effectively. The Short Tandem Repeats technique, which was introduced in British and
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  • Page 6 Miscellaneous
    • 1130 6 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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  • Page 7 Advertisements
    • 175 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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  • SPORTS
    • 609 8  -  SOCCER S-League football By Santokh Singh NATIONAL soccer players are free agents for next year’s S-League. The present quota system of two national players per club will no longer be in place. The League’s chief executive officer Douglas Moore told Timesport that the quota svstem
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    • 317 8  -  By Joe Dorai SINGAPORE has accepted an invitation to enter its national soccer team for the inaugural Dunhill Super Cup tournament at Shah Alam Stadium in February. The last time Singapore played in a Football Association of Malaysia-organised international tourney was in 1992, when
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    • 363 8  -  SOCCER By Santokh Singh REFEREE N. Santhan, who was suspended one month by the Football Association of Singapore Referees’ Committee for being inconsistent and indecisive, is the leading contender for the S-League’s Referee of the Year Award. The S-League Awards
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  • MALAYSIA
    • 544 9  -  Sony, IBM, Microsoft. Fujitsu and Nippon T&T likely to join Sun By Brendan Pereira in Kuala Lumpur MALAYSIA’S ambitious Multimedia Suoer Corridor nroject got otf the ground on Monaay when Sun Microsystems became the first comoanv to be allowed to set up
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    • 456 9 SUNGAI SIPUT The Perak Fublic Works Department 'PWD) has awarded a Ms 7 million <553.92 million) contract which will see the hill slopes on the road leading to Cameron Highlands strengthened. Work will also be done in places where landslides
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    • 467 9  -  By Brendan Pereira in Kuala Lumpur THE multi-billion-dollar KL Linear City project, housing the world’s longest shopping centre and a monorail system serving the city, was launched on Tuesday. 1 )übbed a “city over the river”, it will be built over and along
      Reuter picture.  -  467 words
    • 497 9 KUALA LUMPUR Datin Seri Dr Siti Hasman the wife of Prime Minister Datuk Sen Dr Mahathir Mohamad, has snoken out against the ruling by the Selangor state government that married Muslim men can wed another lawfully without the consent of the first wife. She
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  • SOUTH-EAST ASIA
    • 694 10  -  Germany recognises Asia’s vital role in world affairs: Suharto By Susan Sim n Jakarta PRESIDENT Suharto on Monday night described the visiting German Chancellor's current Asian tour as proof not only of the close ties between Germany and Indonesia but
      Jakarta Post picture.  -  694 words
    • 315 10  -  By Paul Jacob Indonesia Correspondent JAKARTA Indonesia on Tuesday announced wide-ranging plans under what it is calling a “Blue Skies” programme to combat and reduce air-pollution levels in major cities across the country. Measures over the long term, disclosed by Environment
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    • 160 10 AFP. JAKARTA The late Indonesian First Lady, Mrs Tien Suharto, wife of President Suharto, will be awarded the title of National Heroine by the government for her service to the nation posthumously, a report has said. The title would be awarded on National Hero’s Day
      AFP.  -  160 words
    • 509 10 AFP. PHNOM PENH Cambodia’s King Norodom Sihanouk on Sunday cancelled a controversial proposal to grant pardons to nearly all the prisoners held in the country’s jails. “There is a group of students and political parties who have criticised me and opposed any decision
      AFP.  -  509 words

  • COMMENT/Pick of the week’s editorials
    • 643 11 OCTOBER 31,1996 THIS has been a period of impressive developments in Australia’s burgeoning ties with Asia, what with Defence Minister Tony Tan’s visit and the inaugural meeting of the SingaporeAustralia Joint Ministerial Committee (JMC). Paradoxically, it has also been a time of unnecessarily acute
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    • 656 11 OCTOBER 30 1996 PARLIAMENT’S passage on Monday of the constitutional amendment to raise the maximum number of members in group representation constituencies (GRCs) to six from four was preceded by a public airing which focused more on their assumed weakness than their manifest strength. Political
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    • 681 11 OCTOBER 28,1996 THE economic downturn is a reminder that no miracle can ever be expected to be permanently self-perpetuating. After a 10.2 per cent jump in gross domestic product in 1994, and last year’s 8.8 per cent rise, it is not too surprising that
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    • 803 11  -  By Sonny Yap NOW we know. New PAP candidate Tan Boon Wan could have specialised in the art of coffee-brewing rather than in mathematical physics and management science. While talking about his child hood past recently, the senior university lecturer revealed how a
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  • CPF Newsline A CORPORATE NEWSLETTER OF THE CPF BOARD 04/96
    • 343 12 / 13  - Calculating profit loss Discounted Singapore Telecom shares By Chen Jingwen, SPH The CPF Board is using the weighted average cost methcxJ to calculate profits and losses for holders of discounted Singapore Telecom (ST) shares. Commonly used by fund managers, this methcxJ is also adopted by CPFs agent banks when preparing
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    • 267 12 / 13 If you have made profits from investments under the Basic Investment Scheme (BIS) or Enhanced Investment Scheme (EIS) in the last accounting year which ended on 30 Sep 96, you can withdraw your profits from end of Oct 96 till 30 Sep 97. Only sale proceeds received
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    • 338 12 / 13 The CPF Investment Schemes were offered to members who wished to enhance their CPF savings for old age. However, before profits from these investments can be withdrawn, members must restore the CPF savings and the interest which they would have earned had they not used their
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    • 149 12 / 13 Over 1.9 million CPF members have received $200 from the Government under the CPF Medisave Top-Up Scheme on Saturday, 26 Oct 96. All Singaporeans aged 21 and above on 1 Oct 96 and who have a CPF Account have had
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    • 238 12 / 13  -  Second Pre-Medisave Top-Up from Government By Chan Yin Yin, CPF Board About 120,000 Singaporeans aged 62 and above on 1 April this year have qualified for the second Pre-Medisave TopUp from the Government. Almost 80 per cent of these members qualified by making a
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    • CPF IN SHORT
      • 116 12 / 13 A seminar on the benefits of annuity will be held on 23 Nov. This is organised by the CPF Board and the Life Insurance Association to promote annuities which can be bought using the CPF Minimum Sum. Held from 8.30 am to 1 pm at the Bencoolen Room,
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      • 118 12 / 13 CPF members who turned 55 years old before 1 Jan 87 are reminded again that they have until year end to top up their retirement account. The contribution can come from themselves, their children or spouse. Since 1987, the Minimum Sum Scheme has provided members
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      • 70 12 / 13 Frontline CPF staff now demonstrate their commitment to quality customer service with the help of a new accessory. Pinned onto their working attire is an eye-catching yellow button with the words "Need Help? Ask Me!" Senior citizens, especially, found the buttons helpful as they stood out from afar.
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      • 62 12 / 13 Members living in Hougang are now able to get information on their CPF accounts from the newly installed PAL machine in their neighbourhood. Located at POoBank Hougang Central Branch at Block 805 Hougang Central, the PAL machine operates from 8.30 am to 4.30 pm from
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  • Page 12 / 13 Advertisements
    • 10 12 / 13 EXCELLENCE IN PUBLIC SERVICE. ANOTHER PUBLIC COMMUNICATION EFFORT BY CPF
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    • 47 12 / 13 Internet: bttp://wwu\ ncb.gov.sg/cpf If you have suggestions on how we can further improve our services, please write, fax or e-mail to: The Manager Public Affairs Branch Central Provident Fund Board CPF Building 79 Robinson Road Singapore *****7 Fax: 225-8732 E-mail: cpfboard@singnet.com.sg S^GAPO^ TOGETHER LOOKING AFTER OUR FUTURE
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1965 14 Deputy Prime Minister Lee Hsien Loong said recently that it would be increasingly difficult to find potential election candidates who are educated in Chinese from primary to tertiaiy level. So where will the future leaders of the Chinese community
      LUDWIG mo  -  1,965 words
    • 1182 15 Thinking Aloud WHAT would you think of a company that seeks to increase its profits by reducing cost through laying off workers? If your sympathies are with the working class, chances are you would denounce the retrenchment as unconscionable, the very example of unbridled
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    • 1180 15 The free market is not necessarily good for medicine, argues Dr Charles Toh, chairman of the National Medical Research Council. Dr Toh, who will speak on the subject at the Singapore Medical Association’s lecture tomorrow, tells Leong Ching Ching of
      Picture by GEORGE GASCON.  -  1,180 words


  • COMMENT/ANALYSIS
    • 948 16  -  My View CHUA MUI HOONG AS THE General Election nears, the sound of phantom sworas clashing in the Housing board heartlands can almost be heard as the battle tor the hearts and minds ot Singaporeans is taken to
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    • 983 16  -  By Dewi Fortuna Anwar JAKARTA While Cambodia and Laos are fully expected to become Asean members in July 1997, such is not the case for Myanmar. Although most people in the region, and supporters outside tne region, adhere to the long-term ideal of a
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  • MONEY
    • 366 17 Singapore share market review THE Singapore market drifted sideways this week, and activity slowed down from what promised to be an upward trend the previous week. Brokers said investors were generally concerned about the bleak economic picture that Singapore presented as well as
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    • 80 17 ST Industrials Index The Straits Times Industrials Index fell 9.03 points on the week to 2068.17. DAY CLOSE TURNOVER Monday 2067.85 (—9.35) 71.659m ($217.592m) Tuesday 2061.98 (—5.87) 63.085m ($202.803m) Wednesday 2084.02 (1-22.04) 76.182m ($185.622m) Thursday 2083.23 (-0.79) 87.226m ($283.260m) Friday 2068.17 (—15.06) 81.197m ($254.744m) BT— MGA Index
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    • 1551 17 Company Data ann Not earn TV LV <$m) ($m> EPS TY LY <cta) <ct*) ABN Amro Sop 18 1 1.696 1.372 492 402 Ac mo Sop 3 1 24.242 21.113 14.7 17.3 AISB* Sop 30 1 1629 8.737 1.50 652 Alcorn* Sop 12 1 13.682 14.510 10.7 11.4
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    • 74 17 Company Maaa Data Tima Land 4 Ganaral C Nilam Court Ballroom Laval Hotal latana 73 Jalan Ran Chulan ***** Kuala Lumpur Oct 29 10.00am SM Summit c Summit Buildinq 43 UtM Road I *****96) Oct 29 10.30am IntRollar c 20 Bono! Cratcant Juronq (*****3) Oct 30 10.00am Sima
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    • 141 17 RIGHTS ISSUC Book! Acc 6 Company Ratio data data Paymt Gadjah 2000 Ono-for-ono RuplOOO Oct 2 Oct 8 NYA Hlaong Ind Ona-for-flva RM6.00 Nov 13 Nov 19 NY A intRollor Ona-for-two S0.3S Novi Nov 7 NYA SONUS ISSUC C« Bookt Company Ratio data data Thakral Ona-for-tan Oct 15
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    • 93 17 i 4h\ i Three-for-*ive <t RM5 50 Ona-for-two $2.05 Ona-for-two $1.22 Ona-for-four M$1.60 Three-tor-two 9 M$1.00 Ona-for-four 9 MS4.00 Bonus l»»ua Kemayan Corp One-lor-three MAA Ona-for-llva Malayawata Ona-for-two Noel Gifts Ona-for-two PMI Ona-for-four Seksun P Ona-for-two Shangri-la One-for-ten SM Summit Ona-for-four Sungei Way Ona-fer-ona Comoanv Others Muttl* Proposed
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    • 773 17 Poymont <H> Ci dat# ll *#v data AIS8 50C b 3 Jon 2 Jon 7 Jon 29 Auric P*c 50C F 6 Nov 26 Ooc 2 Doc 18 BMT $10 (100) F S.6 Nov 6 Nov 12 Nov 22 Bor|oyo Croup F S DOC 3 Doc 9 Jon
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    • 509 18  -  Surplus from aircraft sales props up earnings By William Choong A $123 MILLION surplus from aircraft sales kept Singapore Airlines' earnings growth in positive territory propping up net earnings bv 7.2 per cent to $560.5 million in a "difficult” first half. Without the surplus in
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    • 435 18  -  By William Choong THE number of millionaires in Singapore almost tripled in the four years to 1994. The millionaires’ club swelled from 143 in 1991 to 386 in 1994. the latest year for which statistics were released on Tuesday by the Inland
      NOEI ROSALES  -  435 words
    • 152 18 RUSSIA’S Foreign Investment Promotion Centre (FIPC) has opened a representative office in Singapore to promote trade and investment between the Russian Federation and the Asia Pacific region. The Russian government had chosen Singapore as it was an international commercial centre well-positioned to tap
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    • 151 18 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.3983 1.4144 Sterling pound Australian dollar 2.2553 1.0920 2.3100 1.1263 Canadian dollar 1.0374 1.0612 N2 dollar 0.9751 1.0085 EC unit 1.7948 Singapore dollars to 100 units of foreign currency Austrian schilling 12.8301 13.4240 Belgian
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    • 117 18 Contract data: November 1 1996 UNIT ONE MTh 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4 ‘4 4'. 5 4". 4s 4s 5/11/% AS 6 5s 5s 5S 5>, 5 s 5/11/% NZS 8'. 8 4 7‘. 7s 7s 8 5/11/% STG
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    • 471 18 November 1 1996 HKS ASM Pacific 5 65 0 150 Allied ind int 1 0 47 unch Allied Oversea 068 unch Asia Sec Int 2 10 005 Bank of EA 30 10 0 10 C P Pokphand 2 55 0 03 COL Hotel 3 88 -0 12 Cafe De
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    • 615 18 Mars' Prices, Nov 4 Singapore Unit Trust The Commerce 1 60-1.708 Tne Savings Fund 1 57—1 678 S'poreProgFunfl 0.65—0 69xd8 S'pore Sec Fund 0 95—1.018 S'pore Invest Funa 1.05—1 128 S'pore Equity Fund 0.78-0.838 Credit Lyonnais Int'l Asset Mgt CL Asia-Pac Gr Fund 0.870-0.915” CL S'pore Gr Fund
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    • 8567 19 1 INDUSTRIAL AND COMMERCIAL Transaction Date: November ***** 1995 96 Curr Last Vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale -for000 High Low Div P/E $mil Price ASE NT510 200 US 1000 900 ASP US$0 01 100 US 900 900 214 165
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  • Page 21 Advertisements
    • 362 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
    • 1193 22 vXvX MMMj "iliiiMi mm I »1 fete fc^lilii ■mm Sii; s gp INSTITUTE OF SYSTEMS SCIENCE NATIONAL UNIVERSITY OF SINGAPORE BIOINFORMATICS RESEARCH The Institute of Systems Science (ISS) is a leading computer research laboratory in the Pacific region with over 100 research staff. Our objectives are international and regional leadership
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  • FORUM
    • 512 23 THE latest craze of investing in China is all due to marketing gimmicks. First, a rental guarantee seems a must, for without it one would think thrice before purchasing. This always looks attractive to investors, especially when they are buying an overseas project.
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    • 147 23 I AM disgusted that the relevant authorities do not enforce strict rules and regulations for all trishaws operating as tour guides, especially around the Serangoon Road area (Little India). I am referring specifically to the Singapore Tourist Promotion Board’s trishaw riders, who seem to think that
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    • 257 23 WE HAVE all heard about and seen the urine detectors that are installed in the lifts of HDB flats. I believe that the move is a good one and has, to a large extent, stopped people from urinating in lifts. But even
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    • 164 23 A LETTER FROM AMERICA I HAVE been to Singapore and found it to be sensational. It reminds me very much of what many American cities were like when I was much younger. For perhaps many reasons, most of our cities are no longer like Singapore. They are
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    • 411 23 Old Age Account I REFER to the article “Let’s have an Old Age Account for peace of mind” (ST, Oct 26) by Mr Sia Cheong Yew. In it, the writer stated that most people feel the CPF interest rate “does
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    • 352 23 I WATCHED Australia’s 60 Minutes television show on Oct 20 with a heavy heart An Independent MP, Ms Pauline Hanson, claims that Australia is in danger of being swamped by Asian immigrants who form ghettos and do not assimilate into its
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  • Page 23 Advertisements
    • 123 23 Dear Readers, THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in very exceptional circumstances, such
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  • 689 24  -  Award scheme for those that master best practices By Yeow Pei Lin A NEW national strategy will help Singapore companies move step-by-step towards be coming world-class businesses. .As part of this strategy, the Government is launching a National Programme on Best Practices,
    TIEN CHUNG PING lod OAHIO NOChE  -  689 words
  • 452 24  -  By Kalpana Rashiwala THE Government last week said it would release land for the development of 7,000 private housing units next year up from this year’s 6,000 units, sticking to its plan announced in mid-May. This will be in addition to the 4,000
    G ChANORAOAS  -  452 words
  • 308 24  -  By Nirmal Ghosh Philippines Correspondent MANILA Davao mayor Rodrigo Duterte—who presided over the burning of a Singapore flag at the height of tne Flor Contemplacion controversy last year has praised the Singapore justice system. Presenting a symbolic key to the city to visiting Silk
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