The Straits Times : Weekly Overseas Edition, 16 November 1996

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, NOVEMBER 16, 1996 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
    20 words
  • 730 1  -  6.4-km-long line to be ready in 2001 at cost of $7OO m-$BOO m BY Tan Msueh Yun THE Government will build the Mass Rapid Transit (MRT) extension to Changi Airport, at a cost of between $7OO million and $BOO million. It will
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  • Article, Illustration
    845 1  -  Architect of New Century award from Nixon Center By. Lee Siew Hua in Washington SENIOR Minister Lee Kuan Yew was honoured as the 1996 Architect of the New Century by the Nixon Center for Peace ana Freedom on Monday in a gala ceremony, where he was also commended
    Picture by PETER WIANT.  -  845 words
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  • NEWS FOCUS
    • 681 2  -  Prices up to $31,000 cheaper than authorised agents’ By Leong ChanTeik A CAR dealer and finance company. Cheng Yong Credit Enterprises, is the first to offer a wide range of parallel-im-ported Japanese cars for sale following the Land Transport Authority’s easing of its rules for
      681 words
    • 88 2 BUYERS ofMercedes-Ben7.es are continuing to turn increasingly to parallel imports. In the first three quarters of this year, parallel imports made up 13.4 per cent, or 424 units, of the 3,162 Merceaes-Benzes registered here. The market share was 12 per cent in the first half of
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    • 454 2  -  By David Miller THE Venerable Yen Pei, a former chief abbot of one of Singapore’s oldest and largest Buddhist temples and a member of the first Presidential Council for Religious Harmony. died in his sleep on Sunday. The 80-year-old monk, who had been
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    • 735 2  -  By Lee Siew Hua In Washington THE Singapore economy can bounce back next year to a growth rate of 7.5 to 8 per cent and maintain that level till the year 2000. Senior Minister Lee Kuan Yew told
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    • 576 3  -  13th World Hakka reunion By Leong Ching Ching CLAN associations can complement the Government’s efforts in community development, said Deputy Prime Minister Lee Hsien Loong on Monday. Noting their potential to do more in future, ne said: “They have experience in enlisting
      Picture by CHEW SENG KIM.  -  576 words
    • 310 3  -  He must apologise in student newspaper 15% pay cut for 6 months By Thomas Lee THE National University of Singapore lecturer who made religiously offensive and racist remarks during a recent university talk has been reprimanded by the university. And as punishment,
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    • 255 3 FIVE visitors at the Singapore Motor Show on Monday bought the new Porsche Boxster, which cost $288,000 not including a Certificate of Entitlement (COE). A COE for a 2,500-cc car like the Boxster costs $51,008 currently. Four of the buyers are Singapore
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    • 424 3 A HOUSEWIFE who was awarded a lump sum of $500,000 upon the break-up of her marriage had this amount almost doubled by the Court of Appeal last Friday. The court awarded Madam Tan Bee Giok a total of $974,000, the bulk of which
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  • HOME
    • 1162 4 President Ong Teng Cheong last Friday presented 269 National Day Awards to those who have made outstanding contributions to the nation. Below are the citations which accompanied some of the awards given out at the ceremony held at the Kallang Theatre. Pingat Pentadbiran Awam (Emas)
      Picture by WONG KWAI CHOW.  -  1,162 words
    • 498 4 DR Chee Soon Juan has been deceived bv irresponsible and unethical Western journalists into believing untruths about the Singapore Government's involvement in tne Mvanmar drug trade, a Myanmar official has said in an open letter to Dr Chee. U Kyi Myint. secretary-general of
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    • 618 5  -  By Kalpana Rashiwala PRIVATE residential property prices fell 2 per cent between July ana September from the* previous three months tne first quarterly decline since the Gulf War six years ago, according to the official Urban Redevelopment Authority (URA) index. Market watchers said
      JOHNNY LIM  -  618 words
    • 337 5 IT WAS triple joy for the Suppiahs when three siblings and their families celebrated Deepavali last Saturday. Though the extended family gathers regularly for festivals and even holds an annual family badminton competition, Deepavali is extra special because of the spirit of the
      Picture by TERENCE TAN.  -  337 words
    • 647 6  -  All races, classes must feel included, says Dr Tan, introducing 3 new candidates INTRODUCTION OF NEW PAP CANDIDATES Reports by Kok Buck Song, Chua LeeHoong, Leong Chin Chin and Joanne Lee SINGAPORE will have to be a society where all races and classes feel
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    • 654 6 VOTERS in opposition held Bukit Gombak have had five years to look at what their incumbent MP. Mr Ling How Doong. has done, and the coming general election will be an opportunity for them to give their assessment. The PAP s challenger
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    • 660 6 AT 42. with his children having grown older and satisfied with the progress in his career. Berita Harian journalist Hawazi Daipi felt ready to take on a bigger role in society. Hi's work as a journalist, including his many overseas assignments.
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    • 607 6 BUILDING and estate management lecturer Teo Ho Pin aims to use his professional expertise to help make Singapore a world-class city in the 21st century. The new People's Action Party’ candidate said on Tuesday that he could help in the areas of'land-use
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    • 558 7 FORMER Nominated MP Chia Shi Teck last Friday announced that he plans to field a slate of independent candidates in one or two Group Representation Constituencies (GRCs) in the coming General Election. Outlining his aim to offer Singaporeans a constructive, rational and non-confrontational
      Picture by ALBERT SIM.--  -  558 words
    • 441 7 THE Singapore People’s Party could be “squeezed out” of the coming General Election if the other opposition parties did not agree to set aside a few single-seat constituencies for the party, said SPP secretary-general Sin Kek Tong on Monday. Speaking to
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    • 497 8  -  By Thomas Lee THEY have done it again. The team of national climbers who aspire to conquer Mount Everest scaled new heights last month by reaching the peak of a 7,246-m mountain in Nepal. This is the highest point reached by any
      JALEHA HASH'M  -  497 words
    • 422 8  -  By Elena Chong A MAN who became paralysed after three 100-kg sacks of soya beans fell on him at a godown six vears ago was last Friday awarded $808,223 in damages plus interest and costs. Mr John Mary Fernandez. 45. was a
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  • Page 5 Advertisements
    • 213 5 u h ounded 1 90 S The National University of Singapore NANYANG TECHNOLOGICAL UNIVERSITY APPLICATION TO SIT ENTRANCE EXAMINATION FOR SPECIAL CANDIDATES Children of Singaporeans who have been posted or are working overseas and who are interested in seeking admission to courses at the National University of Singapore (NUS) and
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  • Page 7 Advertisements
    • 176 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
    • 1130 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
    • 498 9  -  SOCCER By Sanlokh Singh GEYLANG United FC became the S-League’s first Champion of Champions when it beat Singapore Armed Forces FC 2-1 at the National Stadium last Saturday. The Eagles, winners of the Tiger Beer series, showed their big-match temperament and
      . Pictures by JERRY SEH.  -  498 words
    • 899 9  -  GOLF By S. Murali MYANMAR’S Zaw Moe burned through the field with a finalround course-record of eight-un-der par 64, but was pipped in a play-off by overnight leader Peter Teravainen in the $246,750 Ome§a Tour Merlion Masters on Sunav. Moe, 29, who started the
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  • MALAYSIA
    • 480 10  -  By Ho Wah Foon in Kuala Lumpur UMNO Youth chairman Datuk Ahmad Zahid Hamidi on Thursday defended the action of his members to stop a regional meeting oh East Timor last Saturday, saying it was their responsibility to do so. “If
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    • 222 10 In DARWIN. Malaysia's High Commissioner to Australia Datuk Adnan Othman said on Thursday that he was surprised to be tar geted bv a pro-East Timorese demonstration during a visit to Darwin on Wednesday A protester was arrested on Wednesday after opening the door
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    • 86 10 AFP. Reuter In a related incident, thousands of East Timorese youths rallied peacefully on Thursday in front of the governor s building in the capital. Dili. In a third straight day of demonstrations in support of East Timorese Bishop Carlos Ximenes Filipe Belo, winner of
      AFP.; Reuter  -  86 words
    • 427 10  -  By death threats. By Ho Wah Foon. KUALA LUMPUR The Min ister of International Trade and Industry. Datuk Seri Rafidah Aziz, has called on Malaysians living in Australia to return home if they were being discriminated against. “If
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    • 165 10 IPOH A three-year-old boy was injured seriously when the family’s pet dog bit his ear while the two were playing in the Housing'Trust premises on Sunday evening. Leong Choon Keat’s left earlobe was left dangling after the attack when the dog. a mixed
      The Sun picture.  -  165 words
    • 162 10 KUALA LUMPUR The first light rail transit (LRT) svstem in the country Sistem Transit Aliran Ringan (Star) will start commercial services next month. Commuters will be able to travel from Ampang to Jalan Sultan Ismail in just 20 minutes for M
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    • 407 10 Bernama. AFP KUALA LUMPUR A Malavsian court jailed a 60-year-old former national coach last Friday for molesting two junior athletes, whom tne judge described as young enough to be the former coacn's grandchildren. C. Ramanathan was sentenced to a total of eight
      Bernama.; AFP  -  407 words

  • SOUTH-EAST ASIA
    • 459 11  -  By Susan Sim in Jakarta THE Indonesian Immigration Department has tightened procedures on issuing business visas and temporary work permits to prevent foreigners from working here illegally. Expatriate workers falling under seven categories now have to obtain pre-approval from the Immigration Department here before
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    • 510 11 Nov 17 Thai elections BANGKOK Democrat Party leader Chuan Leekpai has ruled out the possibility of forming a coalition government with the New Aspiration Party (NAP) of General Chavalit Yongchaiyudh after tomorrow’s general election. His statement, during a television debate on Wednesday night between
      Bangkok Post picture.  -  510 words
    • 535 11  -  By Sinfah Tunsarawuth in Bangkok THAILAND on Wednesday launched a feasibility study for deep seaports at each end of a lana bridge that will connect the east and west coasts of southern Thailand in what is known
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    • 321 11  -  By Susan Sim JAKARTA The Singapore International School in Indonesia (SIS), launched here last Saturday will not only provide a Singaporebased education system, but also will turn out well-rounded students who are respectful of the rich culture of their host country. That was the
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  • COMMENT/Pick of the week’s editorials
    • 670 12 NOVEMBER 15.1996 IN HIS news conference last weeK after Parliament re-elected mm Japan s prime minister, Mr Rvutaro Hashimoto was as forthright about his reform programme as he had oeen during tne campaign for the electior which brougnt his Liberal Democratic Party minority control of
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    • 707 12 NOVEMBER 14 1996 THAILAND'S Democrat Party is the oldest of the 13 political groups taking part in Sunday's general election. Moreover, the Democrat leader. Mr Chuan Leekpai. holds the record for be ing the Kingdom's longest-serving firime minister, having been in ofice from September 1992
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    • 712 12 NOVEMBER 12. 19ju THE tit-lor-tat trade dispute tha: nas dared up between China and the United States oniv sirengt;. ens the view that the Asia-PaciLc Economic Coooeration (Apec> forum is an idea whose ume has come That would also appear to be Beying s
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    • 847 12  -  By Alan John EVERY three davs. someone in Singapore finds out that he is infected with the Human immunodeficiency Virus that leads to Aids. The situation has moved this far in the 11 years since the first two
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  • COMMENT/ANALYSIS
    • 1168 13  -  My view CHUA LEE HOONG WHAT issues will dominate tne next general election 9 Unlike the date of the election itself, this is one question that does not take much genius to figure out. Transportation, property prices, ministerial salaries, health-care
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    • 799 13  -  By Koh Buck Sor.g IN PARLIAMENT last week. Nomnated MP Kanwaljit Soin asked whether communication had become a lost art. or whether Smgapo eans had been inundated with so man” policies that thev had stopped listening. She was speaking in the
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 2099 14 He captured a nation’s attention in December 1992 when he joined the Singapore Democratic Party as a candidate in the Marine Parade by-election. Today, he faces a defamation suit from his erstwhile mentor and contempt of Parliament charges brought by
      NCR ROSAUS  -  2,099 words
    • 1215 15 Interview INSIGHT. Do you think that the instinct of community self-help is a peculiarly American phenomenon 0 Prof Lim: I alwavs resist anv suggestion that there is a kind o r American exceptionalism. When you look at any society, the spirit of volunteerism.
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    • 1233 15  -  Thinking Aloud Chua Huck Cheng THE belly-aching about rising costs is not likely to abate completely just because a blue-riband panel nas reached a conclusion that what you call “expensive” is very much your own doing, not a conspiracy by the
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  • MONEY
    • 466 16 Singapore share market review FOREIGN funds, which trickled to the local bourse last week, rose to a flood as institutional investors went on the shopping spree for blue chip stocks this week. Dealers said that investors are beginning to discount all the bad
      466 words
    • 1629 16 Company Dot# ann Nat earn TV LY <$m) ($m> CPS TV LY 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 1629 8.737 1.50 6.52 Alcorn* Sap 12 1 13.682 14.510 10.7 11.4 Aie*
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    • 289 16 RIGHTS ISSUE ExBooks Ace i Company Ratio data dose Paymt Gadjan 2000 One-for-one RuptOOO Oct 2 Oct 6 NVA H laonq Ind One-for-five RM6.00 Nov 13 Nov 19 NYA intRoller Ona-for-two S0.35 Nov 1 Nov 7 NYA BONUS ISSUE ExBooks Company Ratio data dose H Laonq Ind Two-tor-tiva
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    • 74 16 ST Industrials Index The Straits Times Industrials Index rose 76.41 points on the week to 2193.64. DAY CLOSE TURNOVER Monday Closed Tuesday 2127.85 (+10.62) 93.756m ($260.340m) Wednesday 2146.48 (+18.63) 142.34m ($411.978m) Thursday 2189.76 (+43.28) 207.75m ($510.505m) Friday 2193.64 (+3.88) 177.94m ($460.248m) BT— •MGA Index The BT—MGA Index
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    • 712 16 Payment <%> Ck date Books close Pay date AIS8 50C b 3 Jan 2 Jan 7 Jan 29 Auric Pac 50C F 6 Nov 26 Dec 2 Dec 18 BMT $10 (100) F 56 Nov 6 Nov 12 Nov 22 Berjaya Group F S Dec 3 Dec 9
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    • 102 16 Company Piaco Data Tima Craativa Toeh E 67 Ayor Raian Croscont «03-18 (*****0) Nov 13 10.30am Avimo Crp E Board Room 34 Bt Pasoh Road (*****4) Nov 14 10.00am Uraco Hldgs E 101 Defu Lana 10 (S*****) Nov 14 3.00pm Sungoi Way E Auditorium 7, 2nd Fir Sunway
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    • 112 16 AISB Three-for-five RM5.50 Amcol One-for-two 9> $2.05 Econ Inti One-tor-two $1.22 Mulpha One-for-four MSl.60 PMl Threa-tor-two M$1.00 Sungei Way One-for-tour <S> MS4.00 Company Bonus Issue Kemayan Corp One-for-three MAA One-for-fiye Maiayawata One-tor-two Noel Gifts One-tor-two PMl One-tor-tour Seksun P Ona-tor-two Shangri-La Ona-tor-tan Sungoi Way Ona-tor-ona Company Others Acar
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    • 620 17  -  By JeanChia THE Stock Exchange of Singapore (SES) on Tuesday issued new rules to tighten internal controls at listed companies and raise standards of corporate governance. The regulations compel a listed company to appoint a common auditor for all its Singapore units and
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    • 528 17  -  By Douglas Wong ITC Global Holdings the Singapore trading arm of troubled Indian conglomerate ITC Ltd has been placed under interim judicial management here. Messrs Peter Chi, Bobby Chin and Michael Ng of audit firm KPMG Peat Marwick were appointed
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    • 146 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying 00 Selling US dollar 1.3894 1.4048 Sterling pound Australian dollar 2.2939 1.0851 2.3489 1.1188 Canadian dollar 1.0319 1.0552 NZ dollar 0.9742 1.0072 EC unit Singapore dollars to 100 units of foreign currency 1.7927 Austrian schilling 12.8441 13.4091 Belgian
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    • 113 17 Contract date: November 15 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 4 1 4'. 5 4-. 4‘. 4'i 19/11/96 AS 5’. 5 5 5' i 5 5*. 19/11/96 NZ$ 8’. 8'. 7'. 7'. 7 8'. 19/11/96 STG 5'.
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    • 461 17 November 15 1996 HKS /a ASM Pacific 5 95 0 050 Allied Ind Int'l 0 59 002 Allied Oversea 0 «9 0.01 1 60 -0 02 Bank o* EA 31 90 uncn 2 77 -0 02 COL Motei 3 9S unch Cafe De Coral 230 unch Cat»' Pac An
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    • 627 17 Mgrs Prices. Nov 18 Singapore Unit Tru«t The Commerce 1 67—1 773 Tn* Savings c u"C 1.63-1 73® S’pO'e Prog Fund 0.68—0 724 S pore Sec Fund 0.99-1 05« S'OO'e Invest Fund 1.10-1.17« S'OOre Eduity Fund 0.81-0.86« Credit Lyonnais Int'l Asset Mgt CL AsaPac G' Fund 0 890-0
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    • 9240 18 INDUSTRIAL AND COMMERCIAL Transaction Date: November *****6 1995 96 Curr Last Vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale ♦or000 High LOW Div PE Smil Price ASE NT$10 200 US 1000 900 ASF US$0.01 100 US 900 90 0 214 165 Acer
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    • 678 20  -  4,3% fall in output drags third quarter growth figure to 3.2% By Douglas Wong SINGAPORE'S manufacturing sector registered its worst quarterly growth performance in a decade from July to September, dragging down overall economic growth to 3.2 per cent. The 4.3 per cent fall
      SOURCE DEPARTMENT Of STATISTICS; TIEN CHUNG PING  -  678 words
    • 488 20  -  By Kalpana Rashiwala BIDDING was thin and below benchmark levels in the latest Government tender for residential land reflecting developers’ caution in an uncertain market. The top bid for a condominium parcel in Tanjong Rhu was 10-18 per cent Delow expectations. The
      LlM  -  488 words
    • 427 20  -  By William Choong THE Court of Appeal ruled on Wednesday that Aztech Systems had infringed on Creative Technology’s copyright in its computer sound cards, but the repercussions on Aztech are minimal. say analysts. The judgment follows an earlier decision made by the High Court
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  • Page 21 Advertisements
    • 685 21 Hie Straits. Times eekh Edition mm WFwSsfcsfsys START DOING \m THINGS Hi tit Jk REGIONAL TECHNICAL MANAGER Mobile Computing Solutions (Personal Productivity Products Division) Responsibilities Provide pre and post sales technical support to the sales team in the marketing of notebook computers Analyse new products and options verses competitive offerings
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  • Page 22 Advertisements
    • 1003 22 A CAREER IN INFORMATION SECURITY The Information Security Group (ISG) within the Institute of Systems Science (ISS) has been actively performing basic and applied researches on cryptography, network security, and electronic commerce security since 1994. ISG/ISS is committed to pursue the state-of-art research and development (R&D) in networks and information
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  • FORUM
  • 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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  • 456 24 Fee subsidies for low-income families THE Government will give fee subsidies to low-income families who enrol their children in Before and After School Care programmes. Mr Abdullah Tarmugi. the Minister for Community Development. said the Government will also give some capital funding to
    456 words
  • 504 24  -  By Dominic Nathan ALL 37,000 licensed dogs here will soon have electronic identification that will allow the Primarv Production Department (PPD) to identify the owner if the pet is lost or abandoned. A micro-chip injected under the skin behind the left ear of
    504 words
  • Article, Illustration
    76 24 ARMED with an MPS assault rifle, this member of the Special Tactics And Rescue team (Star) will be among a contingent of police officers hand-picked to provide security coverage for next month’s World Trade Organisation meeting. The elite police commando unit, which was formed three years ago, is
    Picture by GEORGE GASCON.  -  76 words