The Straits Times : Weekly Overseas Edition, 9 November 1996
1996-11-09
1
24
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/stoverseas
The Straits Times : Weekly Overseas Edition
-
Title Section20 1996-11-09 1 The Straits Times WEEKLY EDITION SATURDAY, NOVEMBER 9, 1996 Price: S$L2O (in Singapore) Elsewhere by subscription only MITA (P) 156/08/9620 words
-
691 1996-11-09 1 Walter Fernandez - Parliament accepts Cost Review panel report By Walter Fernandez PARLIAMENT endorsed the Cost Review Committee’s report on Thursday at a sitting which saw the Singapore Democratic Party and Singapore Malay National Organisation taken to task for attempting to confuse, mislead and divide Singaporeans691 words
-
Article, Illustration700 1996-11-09 1 Warren Fernandez - A hard climb back if opportunities are missed By Warren Fernandez in Phnom Penh PRIME Minister Goh Chok Tong said on Tuesday that his visit to Cambodia brought back memories of Singapore in the 1960 s and highlighted the important lesson that small– Lianhe Zaobao picture. - 700 words
-
Page 1 Advertisements
-
Advertisement9 1996-11-09 1 PM cautiously optimistic about growth next year: Page 249 words
-
Advertisement12 1996-11-09 1 Planning a CAREER Move CHECK OUT Pages 21 Jc 22 *****1'*****6 H12 words
-
-
NEWS FOCUS
-
GIC’s investment in Myanmar Fund
-
785 1996-11-09 2 Leong Ching Ching - By Leong Ching Ching THE Prime Minister on Sunday said he was saddened that a Singaporean would jump on the side of foreigners all the time. Referring to Dr Chee Soon Juan’s appearance on an Australian television programme which alleged that785 words
-
566 1996-11-09 2 Leong Ching Ching - By Leong Ching Ching THE Government last Saturday denied all the allegations which an Australian current affairs programme had levelled against the Government of Singapore Investment Corporation (GIC). The programme, Dateline, aired by Australia’s Special Broadcasting Service (SBS) last month,566 words
-
Article, Illustration693 1996-11-09 2 Eliza Teoh - By Eliza Teoh THE Singapore Government accused Dr Chee Soon Juan of again siding with foreign interests to attack or undermine the country. The Singapore Democratic Party secretary-general had failed to say that ne was featured in tne Australian TV programme693 words
-
-
Article, Illustration692 1996-11-09 3 Koh Buck Song - This will preserve social cohesiveness, he says as PAP presents three new faces By Koh Buck Song SINGAPORE’S system and social cohesiveness must be tended carefully, to prevent it from splitting along race or class lines, Deputy Prime Minister Lee Hsien Loong said onPicture by GEORGE GASCON. - 692 words
-
490 1996-11-09 3 WP chief can test his prediction that PAP will lose COME stand in Marine Parade, said the Prime Minister to Mr J.B. Jeyaretnam on Sunday, repeating a call by PAP second organising secretary Matthias Yao. Mr Goh Chok Tong, who is a490 words
-
469 1996-11-09 3 Tan Ooi Boon - Also wants to sell flat and give money to children By Tan Ooi Boon A 45-YEAR-OLD Buddhist nun, who was already married when she joined a nunnery earlier this year, has filed for divorce at the High Court. In the first case469 words
-
-
PARLIAMENT
-
458 1996-11-09 4 THE findings and recommendations of the Cost Review Committee are comprehensive, straight-forward and down to earth, said Mr Loh Meng See (Kampong Glam GRC), when moving a motion calling on the House to endorse the CRC report on Thursday. Noting that the CRC had458 words
-
Article, Illustration233 1996-11-09 4 MPs quote from experience to show that people are making more up-market choices now “In 1988 (there were) 155,500 persons using pagers. By 1993, more than 524,000 people were using pagers. Pagers today are cheaper, ana people are buying newADAM LEE; MEL - 233 words
-
1102 1996-11-09 4 SEEDLESS grapes and fatter wedding hongbao featured in several members’ speeches as they reached out to the heartlands in three languages with this message: rising spending here reflected higher expectations, not so much higher costs. Emphasising that the basics of1,102 words
-
525 1996-11-09 5 THE challenge facing Singaporeans is not the cost of living as this is within the control of every person. The challenge is how to ensure that the Singapore economy stays competitive and healthy, said Trade and Industry Minister Yeo Cheow Tong525 words
-
362 1996-11-09 5 WHILE most Singaporeans enjoyed higher incomes and better lifestyles, there were some who risked being left behind and needed help to cope with higher costs of living. Steps would have to be taken to help these less well-off Singaporeans, as well362 words
-
-
HOME
-
Article, Illustration711 1996-11-09 5 William Choong - Year’s forecast: about 6 per cent ***** figure likely to be 5-7 per cent EDB expects record $8 billion in investments By William Choong THE Government has reduced its economic growth forecast for this year to about 6 per cent as third-quarter growth slowed711 words
-
INTRODUCTION OF NEW PAP CANDIDATES
-
Article, Illustration673 1996-11-09 6 Kok Buck Song; Eliza Teoh; i; Ravi Veloo - Reports by Kok Buck Song, Eliza Teoh i and Ravi Veloo IN HIS first formal outing as a politician, the former managing director of the Economic Development Board. Mr Lim Swee Say. spoke passionately about how. having nelped create capital. he also wanted to pitch in673 words
-
Article, Illustration636 1996-11-09 6 HIS father was a jaaa and a busdriver, and in the first 20 years of his life, Mr Inderjit Singh lived in the premises of the factory in which nis father worked. Today, home for the director of operations at Texas Instruments Singapore is a636 words
-
Article, Illustration631 1996-11-09 6 ENGINEERING lecturer Yaacob Ibrahim spent six “wonderful” years studying and working in the United States. But something was missing in his life. So ne decided to return home to Singapore in 1990, to be with his family and friends, and to serve his community. “Life631 words
-
-
Article, Illustration388 1996-11-09 6 HER students remembered the herbal tonics she made to help them through examinations and the Chinese proverbs she spouted at school assemblies. On Wednesday, Cedar Girls’ Secondary School principal Tan Chen Choo was moved to tears as her girls sang songs and recited– Pictures by CHEW SENG KIM. - 388 words
-
Article, Illustration524 1996-11-09 7 Tan Ooi Boon - By Tan Ooi Boon TWO property agents duped the owner of a Balmoral view condominium unit into selling her apartment for $1.27 million, knowing very well there was a higher offer of $1.45 million from a second buyer. The524 words
-
Article, Illustration431 1996-11-09 7 Indrani Nadarajah - By Indrani Nadarajah THE National University Hospital’s obstetrics and gynaecology department is organising a valedictory symposium for Emeritus Professor S. S. Ratnam, probably the first time it has done so for any doctor. The three-day seminar will focus on his research interests, which includes431 words
-
Article, Illustration688 1996-11-09 8 Koh Buck Song - Stop subsidy mentality, SM Lee urges Singaporeans Cost of living By Koh Buck Song SENIOR Minister Lee Kuan Yew on Sunday dismissed talk of a rising cost of living by point ing to Singapore's strong cur rencv. which had been sustained with a hard-headed GovernmentPicture by CHEW SENG KIM. - 688 words
-
-
Page 5 Advertisements
-
Advertisement199 1996-11-09 5 GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION i a 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 programme199 words
-
-
Page 7 Advertisements
-
Advertisement181 1996-11-09 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 ST181 words
-
-
Page 8 Miscellaneous
-
Miscellaneous1131 1996-11-09 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 12401,131 words
-
-
SPORTS
-
Article, Illustration389 1996-11-09 9 S. Murali - By S. Murali. AMATEUR golfer M. Gopal has been dropped from the squad to represent the Republic in the Eisenhower Cup because he is not a Singapore citizen. Jimmy Aw will take his place in the prestigious competition, which is also known as389 words
-
445 1996-11-09 9 S. Murali - 8 Single series of matches instead of two ‘Stari foreign player with no cap on salary League may be increased to 10 teams By S. Murali ONE series, one foreign “star”, a possible 10 teams and a host of other changes were announced by the445 words
-
Article, Illustration688 1996-11-09 9 Godfrey Robert - Emphasis will be placed on youth development schemes Singapore soccer: The FAS direction for the next four years By Godfrey Robert REBUILDING the national team that is the top priority of the Football Association of Singapore in the next four years. “This must688 words
-
-
MALAYSIA
-
382 1996-11-09 10 AFP KUALA LUMPUR A Malaysian government backbencher has raised in Parliament the concern of the ethnic Indian community over sexual affairs between local Indian women and Bangladeshi men working here. Ms G Leelavathv. a worn an MP from the Mafaysian IndianAFP - 382 words
-
Article, Illustration316 1996-11-09 10 BUTTERWORTH Briton Siti Aishah Jane says she wants to return to Malaysia to see her 18-month-old son. Sunni Sazali. and has promised not to abduct him. The 25 year-old mother was quoted as saying that she feared arrest by the immigration– Utusan Malaysia picture. - 316 words
-
488 1996-11-09 10 Brendan Pereira - Move to curb Sultan’s powers a test for Umno and former 546 By Brendan Pereira in Kua'a lumpy P.ARTI Islam (PAS> is likely to propose changes to the Kelantan Constitution to curb the powers of the Sultan, a move which could test the unity488 words
-
504 1996-11-09 10 Ho Wah Foon - By Ho Wah Foon in Kuala Lumpy losses ot M 52.9 billion. Bemama. CORRUPTION has not reached a critical stage in Malaysia but its government and leaders must take steps to check it. Deputy Prime Minister Datuk Seri Anwar Ibrahimlosses ot M 52.9 billion. Bemama. - 504 words
-
-
SOUTH-EAST ASIA
-
438 1996-11-09 11 Susan Sim - By Susan Sim in Jakarta TWO days after side-stepping questions on his political aspirations, Research and Technology Minister B.J. Habibie suggested that Indonesia’s next vice-president should be someone who could share President Suharto’s responsibilities so that he could enjoy his old age.438 words
-
Article, Illustration201 1996-11-09 11 AFP. JAKARTA An Indonesian actress who escaped from her police guards in August after allegedly being caught in possession of a nuge amount of Ecstasy pills, had been arrested in Houston, Texas, the Indonesian police said on Tuesday. “The suspect was arrested in HoustonAFP. - 201 words
-
Article, Illustration553 1996-11-09 11 Boost for Chuan’s chances of becoming Premier a second time Reuter. BANGKOK The Democrats will achieve a 32-seat landslide victory in Bangkok in the Nov 17 election, boosting leader Chuan Leelq>ai’s chances of becoming Prime Minister for a second time, according to a pollReuter.; JIMBO AIBANO - 553 words
-
494 1996-11-09 11 JAKARTA Indonesia’s tourism sector is projected to attract about US$l5 billion (5521.2 billion) by the year 2005, making it the country’s No 1 foreign-exchange earner. Over tne last 10 years, growth in this industry averaged a healthy 18 per cent, more494 words
-
-
COMMENT/Pick of the week’s editorials
-
Article686 1996-11-09 12 NOVEMBER 9.1996 UNITED States President Bill Clinton cannot afford to ignore Palestinian President Yasser Arafat’s appeal to help put the Middle East peace process “back on track” if he hopes to retain in his second term the reputation for global statesmanship that he acquired in686 words
-
Article722 1996-11-09 12 NOVEMBER 6.1996 TO ADAPT former British Prime Minister Harold Macmillan’s slogan. Singaporeans never had it so good. True, Senior Minister Lee Kuan Yew holds that the best is yet to come; meanwhile. however, it should surely be a matter of considerable satisfaction that, far722 words
-
Article672 1996-11-09 12 NOVEMBERS, 1996 CAN there be no end to Dr Chee Soon Juan’s trail of make-believe and strange flights of logic? Those who have oeen bemused by the Singapore Democratic Party leader’s exhibitionism or amused by his penchant for stirring up controversy over issues as varied672 words
-
Article, Illustration775 1996-11-09 12 Yeong Ah Seng - By Yeong Ah Seng SINGAPORE, with some 150,000 Internet accounts, has the highest Net penetration in the region, according to the Political and Economic Risk Consultancy of Hongkong. While this is far below the estimated US average of one in fiveNOEL ROSALES - 775 words
-
-
COMMENT/ANALYSIS
-
Article, Illustration1802 1996-11-09 13 The Cost Review Committee published its 167-page report last Friday, detailing its findings and proposing 35 measures to help Singaporeans cope with rising costs. Warren Fernandez, a member of the committee, sums it up. Cost Review Committee Report 1996 TRY figuring these puzzlesJIMBOAIBANO - 1,802 words
-
-
INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
-
3129 1996-11-09 14 How SDP went to battle over health subsidy and came unstuck It had all the makings of a compelling drama but it turned out to be a tangled tale of mixed facts, memory lapses and confusion. Chua Mui Hoong reconstructs the stoiy of how the Singapore Democratic Party team engaged3,129 words
-
Article, Illustration1226 1996-11-09 15 Last Sunday, Prime Minister Goh Chok Tong said he might call for the General Election after Jan 5. What happens to the Government when a parliamentary term expires? Can the Budget be passed? Would it affect the outcome1,226 words
-
Article, Illustration1006 1996-11-09 15 Han Fook Kwang - Thinking aloud Han Fook Kwang NOW that the Prime Minister has said that the PAP will make the electoral contest in the enlarged GRCs more like national elections, where does that leave the Opposition’s “by-election strategy"? Well, to begin with, it1,006 words
-
-
MONEY
-
442 1996-11-09 16 Singapore share market review THE Singapore stock market was lifted by two contrasting developments this week a record breaking session on Wall Street following the re-election of President Bill Clinton and the release of the third quarter gross domestic figures for Singapore. However, news442 words
-
Article1613 1996-11-09 16 Company it Nat aarn TV LV (Sm) ($m> KPS TV LV lets) lets) ABN Amro Sap 18 1 1.696 1,372 492 402 Acmo Sap 3 1 24.242 21.113 14.7 17.3 AISB* Sap 30 1.629 8.737 1.50 6.52 Alcorn* Sap 12 1 13.682 14.510 10,7 11.4 Alas Mldgs Sap1,613 words
-
Article106 1996-11-09 16 Company Mac* D*t* Tima hud Mon C 81k 16? Buklt Mtrah Central •08 3545 (*****2) Nov 5 2.30pm Bar iay* industrial C Dewen Bariaya Bt Equestrian 6 Country Itnort Jln Bt Klara Oft Jalan Demansere ***** Kuala Lumpur Nov 8 9.30am Bariaya Group c Dewen Bariaya Bt Equestrian106 words
-
Article156 1996-11-09 16 RIGHTS ISSUE Company Ratio Eldate Books Ace t close Paymt Ged)ah 2000 One-for-one RuplOOO Oct 2 Oct B NYA MLeong ind Ona-for-llva RM6.00 Nov 13 Nov 19 NYA Int Roller Ona-for-two $0.35 Novi Nov 7 NYA BONUS ISSUE ElBooks Company Ratio date close Mleorwj Ind Two-tor-fivt Nov 13156 words
-
Article49 1996-11-09 16 Compinv Rlohts Isiu* AISB Thr«*-for-fiv» 9> RM5.50 Amcol Ont-for-two 9 $2.05 Econ Inti On*-for-two $1.22 Mulpht On«-for-four M$1.60 PMI Thro-for-two <J> M$t.00 Sunqti Wty On*-for-four 9> M$4.00 Kgmjydn Corp On*-for-thr»t MAA One-for-fiv« MtllytwtU On«-for-two No«l Gifts On»-for-two PMI One-for-four Stfcsun P On*-for-two Sh«ngri-L» On»-for-t«n Sunqti Wty On*-tor-on«49 words
-
Article76 1996-11-09 16 ST Industrials Index The Straits Timas Industrials Index rose 49.06 points on the weak to 2117.23. DAY CLOSE TURNOVER Monday 2075.78 (+7.61) 72.823m ($246.367m) Tuesday 2070.23 (-5.55) 70.683m ($211.861m) Wednesday 2080.45 (+10.22) 65.169m ($202.435m) Thursday 2102.731+22.28) 83.412m ($262.115m) Friday 2117.23 (+14.50) 106.87m ($280.727m) BT— MGA Index The76 words
-
Article759 1996-11-09 16 Payment <%> lx Mil Book» Pay data AlSB 50« b 3 Jan 2 Jan 7 Jan 29 Auric P»C 50« F 6 Nov 26 Oac 2 Oac 18 BMT $10 (100) r 5.6 Nov 6 Nov 12 Nov 22 Berlova Group r 5 Dec 3 Oac 9 Jan759 words
-
347 1996-11-09 17 Neville Stack - By Neville Stack in London SOME of the most energetic small- and medium-sized enterprises in Britain have been urged to take Singaporean firms as partners. The advantages of such tieups were underlined during a series of briefings and networking gatherings m London last347 words
-
568 1996-11-09 17 Douglas Wong - Lower advertising revenue growth reflects economic slowdown By Douglas Wong SINGAPORE Press Holdings (SPH) last Friday reported a 1.l per cent fall in group net profit to $307.6 million for the year ended Aug 31 which it attributed to higher568 words
-
438 1996-11-09 17 ST Advanced Radio (Star), a joint venture between Singapore Technologies Telemedia (STT) and the Sapura Telecommunications group of Malaysia, will spend more than $3O million on its public trunked radio service here over the next five years. On Wednesday, Star launched the438 words
-
Article147 1996-11-09 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit 1.3926 2.2760 1.0763 1.0410 0.9730 1.4085 2.3318 1.1102 1.0647 1.0066 1.7915 Singapore dollars to 100 units of foreign currency Austrian schilling 12.8493 Belgian franc147 words
-
Article129 1996-11-09 17 Contract data: November 8 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4'. 4 T 4’a 4 a 4’« 4'. 12/11/96 AS 5 T < 5 J 5>. 5'. 5': 5’. 12/11/96 NZS 8'. 8‘. 7». 7>. 7 8'.129 words
-
Article480 1996-11-09 17 Novembers 1996 HK$ ASM Pacific 5 90 -0 050 Allied ind Int'l 0 55 unch Allied Oversea 0 68 unch Asia Sac Int 1 99 -0 14 Bank olEA 31 40 0 40 C P Pokphand 2 70 unch CDL Hole' 400 Gate Da Coral 223 unch Cath Pac480 words
-
Article640 1996-11-09 17 Singapore Unit Trust The Commerce The Savings Fund S pore Prog Fund 1 63—1 73« 1 60-1 708 .0 66-0.70xd@ 0 96—1.02# S'pore Invest Fund 1.07-1 14® S pore Equity Fund 0 79—0 848 Credit Lyonnais Int'l Asset Mgt CLAs>a-PacGrFund 0 886—0.930" CL S'pore Gr Fund 0 936-0640 words
-
Article8329 1996-11-09 18 INDUSTRIAL AND COMMERCIAL Transaction Date: November ***** 1995 96 Curr Last Vol Day Gr’s Net M Cap Wt Avg High Low Company Traded Sale +OT000 High Low Div P/E Smil Price ASE NT$10 200 US 1000 900 ASF US$0 01 100 US 900 90.0 214 165 Acer8,329 words
-
Article, Illustration528 1996-11-09 20 Kalpana Rashiwala - By Kalpana Rashiwala SUNTEC City has teamed up with neighbouring rivals Mitlenia Singapore and Marina Square to draw in the crowds and beat the tough retail market. Plans include a shuttle bus service to ferry in shoppers, the sharingPicture by ALBERT SIM. - 528 words
-
184 1996-11-09 20 THE Government’s prediction of 2 per cent fourth-quarter growth in gross domestic product <GDP) was conservative. Minister for Trade and Industry Yeo Cheow Tong said on Wednesday. "It is better for us to be on the conservative side than to be too over-opti-mistic," he said.184 words
-
Article, Illustration672 1996-11-09 20 PROPERTY developers and agents rode the property boom wnich boosted annual operating profits in the real estate industry to $5.5 billion in 1994, 2.5 times what the industry earned 10 years earlier. Residential and industrial property prices have tripled between 1987.JOHNNY UM - 672 words
-
-
Page 21 Advertisements
-
Advertisement1067 1996-11-09 21 mw® mm i i i iill m Hi »*****8888 x««« Quantum invites you to take up this challenging position: Credit Analyst Reporting to the Senior Credit Analyst, the appointee will be required to manage and perform the credit control function in accordance with corporate policies and procedures. Responsibilities include conducting1,067 words
-
-
Page 22 Advertisements
-
Advertisement1169 1996-11-09 22 We are a growing multinational group with extensive and diversified business activities in the Asia Pacific Region. The Group currently has 10 publicly listed companies in Indonesia, Singapore and Australia. In China, the Group is actively involved in the manufacturing of tyres, electrical cables, polyester filaments, sanitary napkins, paper products,1,169 words
-
-
FORUM
-
395 1996-11-09 23 While we are deeply engrossed in introspection, contemplating such things as graciousness, cost of living and property speculation, our neighbours have forged ahead in the economic game. THE events happening around us signal difficult and harder times ahead for395 words
-
756 1996-11-09 23 I REFER to Mr Chan Kwee Sung’s letter “Red Swastika Society should change its name and symbol” (see this page). It shows a total disregard for the reverence in which the swastika is held bv Hindus and Buddhists, and the symbors756 words
-
244 1996-11-09 23 A HIGHLY-NOTED religious and philanthropic organisation celebrated sue decades of service and contributions to the community, as reported in “Red Swastika Society here turns 80” (ST, Oct 31). Since it was founded in 1936, the society has identified itself with a244 words
-
649 1996-11-09 23 THE segment, Singapore Sling, featured on the Australian current affairs programme, Dateline, alluded to much more than Singapore’s alleged involvement with the Myanmar drug lords. It was also a veiled attack on our Government’s policy of constructive engagement. The desired649 words
-
-
Article, Illustration959 1996-11-09 24 Leong Ching Ching - By Leong Ching Ching to grow by less than 5 per cent per annum,” he said. Mr Goh was speaking at a gala dinner at the Westin hotels, held to mark the 90th anniversary of the Singapore Chinese Chamber of Commerce and IndustryPicture by WONG KWAI CHOW. - 959 words