The Straits Times : Weekly Overseas Edition, 30 November 1996

Microfilm: NL20732
Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
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  • NEWS FOCUS
    • Article
      Govt to spend $412m to upgrade 68,000 HDB flats
      706 2  -  79 precincts involved under first 3 phases By Walter Fernandez THE Government will spend about 5412 million to upgrade more than 68,000 Housing Board flats in 79 precincts around Singapore under the first three phases of the Interim Upgrading Programme, disclosed
      706 words
    • Article, Illustration
      Lock icon Study character of candidates closely, Singaporeans advised
      425 2 ‘Singapore will collapse’ if SDP is put in charge SENIOR Minister Lee Kuan Yew on Tuesday urged Singaporeans to studv carefully the character of the candidates they choose to vote for at the coming General Election. If people like those in the Singapore
      Picture by FRANCIS ONG  -  425 words
    • Article
      Facelift can raise values 50%, says SM Lee
      524 2  -  A ‘totally transformed Everton Park’ By Pang GekChoo A 546-MILLION facelift for Everton Park will create a “totally transformed” environment for residents and raise property values there by as much as 50 Rer cent. Senior Minister Lee van Yew said on Tuesday.
      524 words
    • Article
      New Changi Hospital will be health-care hub for eastern S’pore
      523 3  -  By Allison Lim THE New Changi Hospital will be Singapore's first purpose-built regional hospital. said Health Minister George Yeo. It will eater for un to 750.000 people who live in the east anu northeast regions. To reach out to them
      523 words
    • Article
      Careful planning will maintain asset enhancement: Dr Hu
      426 3 FINANCE Minister Richard Hu said opn Wednesday night hat. despite the current economic slowdown, careful financial management would ensure enough of a budget surplus to finance most asset eniiancement programmes. The present economic slowdown, due to a cyclical dip in ihe global
      426 words
    • Article
      Once dirty, now lively and new
      315 3 RETIREE Li Deziiao who has lived in the Kallang Airport precinct for over 30 vears, said he lias never seen it look so new and lively. It was the first in the earliest batch of precincts in the steady phase ol the mam upgrading
      315 words
    • Article, Illustration
      Stockbroker gets NAC award for $3m art gift
      489 3 MR GOH Geok Khim, chairman of listed G K Goh Holdings, on Thursday became the first individual ever to be conferred the National Arts Council Distinguished Patron Of The Arts award, the foremost among NAC’s awards which recognise individuals and organisations for
      489 words
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  • HOME
    • Article
      Party platforms for the coming polls
      1145 4 The release of the Electoral Boundaries Committee report last Thursday was a sign that a General Election is imminent. But what do the parties that are likely to contest stand for? Ravi Veloo of the Political Desk offers a quick guide to the party
      1,145 words
    • Article, Illustration
      New boundaries 'likely to benefit PAP'
      674 4 But keeping 4 opposition wards as single seats is fair, say observers THE new electoral boundaries and larger Group Representation Constituencies are likely to benefit the People's Action Party and “enhance its domination of Parliament since many of the larger GRCs are unlikely to
      674 words
    • Article
      Few good men? Blame yourself opposition told
      373 4 THE changes to the electoral boundaries are fair and opposition parties are unhappy about them only because thev had failed to find good candidates for the coming General Election, Home Affairs Minister Wong Kan Seng said last Thursday. Like the People’s Action Party,
      373 words
    • Article, Illustration
      Lock icon New Horizons
      372 5 The electoral map of Singapore now features 15 GRCs six of them new and nine single-seat wards. Check to see where you fit in as the battle lines are drawn for your vote, Single-seat Constituencies (Numbers in brackets show how many electors in each) MacPherson (20,731), from parts
      TIEN CHUNG PING  -  372 words
    • How Chee told lies to avoid discovery
      • Article
        Health figure was invented to deceive
        846 6 The Committee of Privileges last Friday found Singapore Democratic Party secretary-general Chee Soon Juan guilty of presenting false evidence to the Select Committee on health-care subsidies. It rejected his explanation that wrong figures used in its submission to the Select Committee were the result
        846 words
      • Article, Illustration
        Only Chee himself could have drawn chart, says panel
        563 6 ONLY Dr Chee Soon Juan himself could have drawn a chart which appeared in his book, Dare to Cnange. showing a sharp plunge in the Government’s share of total health spending to 5 per cent in 1990. the Committee of Privileges
        563 words
      • Article
        Chee was 'by far, the most culpable’: Privileges panel
        314 6 DR CHEE Soon Juan was “by far. the most culpable" among the four Singapore Democratic Party members found guilty of contempt of Parliament, the privileges committee said last Friday. This was because he had written the party’s submission. persuaded the rest
        314 words
      • Article
        No confusion, but a deliberate fabrication of figures
        529 6 DR CHEE Soon Juan did not misunderstand figures on health-care spending, nor was he confused, the Committee of Privi leges has concluded in a report. Instead, he deliberately fabricated data and put togeth er two different sets of figures to give a
        529 words
      • Article
        A lie that the party’s written submission was verified
        298 6 DR CHEE Soon Juan lied when he told the health-care select committee that his party's written submission had been verified “as far as we can". He also lied in saying he had fiven the draft of the paper which e wrote
        298 words
    • Article, Illustration
      Company fined for misinformation in MD’s tax form
      489 7  -  By GinnieTeo IN THE first case of its kind here, a company has been fined for omitting information in the IR8A tax form of an employee. ConAgra International Pte Ltd, which deals in fertilisers and chemicals, did not declare perks it gave
      489 words
    • Article, Illustration
      Lock icon Pioneer of S’pore’s family planning movement dies
      356 7  -  By Chong Chee Kin FAMILY-PLANNING pioneer Constance Goh, who celebrated her 90th birthday recently and had her biography published, died last Tuesday of a heart attack. She started the movement here in 1949 by setting up the Family Planning Association of Singapore, now
      Picture by GEORGE GASCON.  -  356 words
    • Article
      Language barriers to come down at airport
      365 8 VISITORS landing at Changi Airport may have to pass through a few barriers but language will not be one of them. From next month, those who cannot speak English can go to special counters manned by immigration officers who can speak other languages
      365 words
    • Article, Illustration
      Lock icon He’s a stunner on two wheels...
      183 8 WAS a sheer test of faith when 13-vear-old Muhammed Najib offered his body as the obstacle for Czech stunt rider Libor Karas on Sunday. And the young participant at the DuPont Leisure Cycling '96 was not disappointed. Zipping across the performance square outside the
      Picture by ERNEST GOH.  -  183 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      184 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
      184 words
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      1145 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
      1,145 words
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  • SPORTS
    • Article, Illustration
      Clubs go west in search of foreign players
      511 9  -  SOCCER By Santokh Singh THE west is a favounte destination, not only for merry makers in this holiday season, but also for S-League officials in search for talent. Of the 10 League clubs, seven have either sent or will be sending officials
      511 words
    • Article
      Malaysia to sponsor Formula 1 GP racing team
      430 9  -  First country in the world to do so MOTOR RACING By Brendan Pereira KUALA LUMPUR Malaysia on Tuesday announced that it would sponsor the StewartFord Formula One team in the coming season, a move aimed at promoting the country and caving the
      430 words
    • Article, Illustration
      Goh rolls to creditable fifth spot at World Cup
      285 9  -  BOWLING By Thomas Koh SAM GOH’S dreams of becoming Singapore's first AMF Bowling World Cup champion were shattered when he bowed out in the first stage of the men’s stepladder finals in Belfast, Northern Ireland on Sunday. The 38-year-old former national
      285 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      217 9 i&kgq The National. |llp] University '\T of Singapore h ounded 190 S 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)
      217 words
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  • MALAYSIA
    • Article
      KL unveils 10-year plan to be more competitive
      585 10  -  Cluster-based, export-led industries to spur growth By Brendan Pereira in Kua!a Lumpur A 10-YEAR industrial plan was launched by Malaysia on Thurs day to make its manufacturing sector more competitive globally and ensure economic growth of 8 per cent into the next
      585 words
    • Article
      Two people die of Aids every three days: KL
      551 10  -  About 12 new HIV-positive cases reported daily Figures show a 400-per-cent increase over those recorded five years ago By Brendan Pereira. KUALA LUMPUR An average of 12 new HIV-positive cases were reported daily in Malaysia while two people die from the
      551 words
    • Article
      Daim gets govt nod to launch bid for Sabah bank
      349 10  -  By behind the scenes. By Brendan Pereira KUALA LUMPUR Former Finance Minister Tun Daim Zainuddm has received government approval to launch a bid for Hock Hua Bank (Sabah), a small commercial bank in the East Malaysian state. Speaking to renorters
      349 words
    • Article, Illustration
      Lock icon From a dropout to a lawyer
      158 10 First an office boy, then a court interpreter, now a lawyer DEBUTANT lawyer K. Subramaniam, 47, is surrounded by jubilant members of his family last Saturday after he was called to the Bar before his former boss, High Court Judge K. C. Vohrah, along
      The Star picture.  -  158 words
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  • SOUTH-EAST ASIA
    • Article
      Apec leaders set action plan in motion
      782 11  -  By Nirmal Ghosh Philippines Correspondent MANILA Asia-Pacific leaders moved from talk to action and agreed at their Subic Bay summit on Monday to begin tearing down trade and investment barriers in the region in five weeks. In addition to endorsing a package of
      782 words
    • Article
      Allocation of Cabinet seats done: Chavalit
      489 11  -  By Sinfah Tunsarawuth inßangkok THAILAND’S newly appointed Prime Minister. General Chavalit Yongchaiyudh, said on Tuesday that he had completed allocation of Cabinet portfolios among his six coalition partners. He also reiterated the commitment of his new government to solving the country’s economic woes by
      489 words
    • Article, Illustration
      Lock icon Viet-S’pore industrial park opens gate to more investments
      601 11  -  By Dominic Nathan in Ho Chi Minh City THE success of Singapore’s flagship industrial park project in Vietnam could open more investment opportunities for Singapore companies in Vietnam, said Deputy Prime Minister and Defence Minister Tony Tan on Thursday. Speaking to reporters
      Picture by LIM SENG TIONG.  -  601 words
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  • COMMENT / Pick of the week’s editorials
    • Article
      New start for China-US ties
      686 12 NOVEMBER 29 1996 THE signs are that Sino-Ameri-can relations will improve in the months ahead, even though the two countries still have sharp differences over Taiwan, human rights, nuclear non-proliferation and trade. But the climate has certainly changed for the better since the deep treeze
      686 words
    • Article
      Apec intent and goals
      684 12 NOVEMBER 27.1996 APEC has just had another sum mit meeting, the fourth since Seattle in 199.;. ana adooted another set of action lines. This time, it was called the Manila Action Plan, a book-length compilation of Aoec-wiae goals and each memDer nation s scheme for do
      684 words
    • Article
      Money can’t buy comfort for old
      702 12 NOVEMBER 25 1 996 THE Asian familv is alive and well in Singapore This is not the only heartwarming message of the National Survey of Senior Citizens Amone the many dire, if conventional, assumptions that the survey rebuts is the Western folk view expressed
      702 words
    • Article, Illustration
      Lock icon Spy incident a sobering reminder for Singapore
      761 12  -  By Yeong Ah Seng AT A time when Singaporeans are seized with bread and butter issues like the dip m economic growtn. rising costs and a stagnant property- market, the revelation last week of a cloak and dagger operation which took place right
      NOEL ROSALES  -  761 words
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  • COMMENT/ANALYSIS
    • Article, Illustration
      Lock icon Go on, show passion – it’s good for the nation’s soul
      1301 13  - Go on, show passion it’s good for the nation’s soul My view RAVI VELOO PRAGMATISM versus passion The head against the heart. This has become one ol' the dilemmas of modern Singapore We live in an environment almost constantly described in terms of a powderkeg. The facts about Singapore being
      LUDWIG 111  -  1,301 words
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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  • MONEY
    • Article
      STII's foray above the 2,200 point level short-lived
      416 16 Singapore share market review THE Straits Times Industrials Index’s foray above the 2,200point level earlv this week was short-lived, as the effects of bet ter-than-expected economic numbers late last week petered out. "A knee-jerk reaction to the October non-oil domestic exports figures,’’
      416 words
    • Article
      CORPORATE RESULTS
      1619 16 Company Oat* ann Not earn TV LV ($m) (5m) IPS TV LY (CtS) lets) ABN Amro Sop 18 1 1.696 U72 492 402 Acma Sop 3 1 ***** 21.113 14.7 17.3 AlSB* Sop 30 1 1.629 8.737 1.50 6.52 Alcorn* Sop 12 1 13.682 14.510 10.7 11.4 Ait*
      1,619 words
    • Article
      DAY-TO-DAY STOCK INDICES
      83 16 ST Industrials Index The Straits Times Industrials Index fell 6.66 points on the week to 2188 09. DAY CLOSE TURNOVER Monday 2205.69 (+10.94) 108.19m ($2 73.085m) Tuesday 2219.881+14.19) 125.34m ($315.620m) Wednesday 2220.36 (+0.48) i 18 67m ($258.549m) Thursday 2199.67 (-20.69) 99.847m ($288.855m) Friday 2188.09 (-11.58) 82.415m ($215
      83 words
    • Article
      COMPANY MEETINGS
      170 16 Company Plata Data Tima Joya Hldgj A 13 Tuat Croscont (*****7) Nov 25 11.00am ICDav A Board Room L C Dovoiopmont Ltd 38 Kim Tlan Road »03-00 Kim Tlan Plata *****2) Nov 26 10.30am Lum Chang Hiagj Ltd A C 36 Kim Tlan Road »03-00 Kim Tlan Plata
      170 words
    • Article
      APPROVED ISSUES
      213 16 RIGHTS ISSUE ExBooks Acc 6 Company Ratio date dose Paymt Econ Inti Ono-lor-two 1» $1.22 DOC 5 Doc 11 NYA Cadjah 2000 One-fur-une RuplOOO Oct 2 Oct 8 NYA H leong lot) Ono-for-fivo RM6.00 n > 0 z Nov 19 NYA IntRollor One-for-two $0.35 NOV 1 Nov 7
      213 words
    • Article
      DIVIDENDS ANNOUNCED
      850 16 Payment Ex date Books close Pay data AVJennings M 1.2S Jan 8 Jan 14 Jan 21 AISB SOC b 3 Jan 2 Jan 7 Jan 21 Antah Hldgs SOC b 6 Dec 9 Oec 13 Jan 6 Auric Pac SOC F 6 Nov 26 Dec 2 Dec 18
      850 words
    • Article
      SIA to sell tickets on Internet from the middle of next year
      421 17  -  By Sim Wai Chew in Senai (Johor) SINGAPORE Airlines (SIA) will start taking bookings on the Internet from the middle of next year. It also plans to start “ticketless" travel, or electronic ticketing from around August, as well
      421 words
    • Article
      SingTel cutting IDD rates by up to 46% from next year
      589 17  -  By William Choong SINGAPORE Telecom is cutting its international direct dialling (IDD) rates to about 100 destinations by up to 46 per cent, and it indicates that further cuts are possible. The reductions, effective from Jan 1, will result
      589 words
    • Article
      CPF savings rate unchanged at 3.48%
      265 17 THE Central Provident Fund (CPF) Board will maintain its 3.48 per cent per annum interest rate on members’ savings for the first six months of next year. The Housing Board's mortgage loan interest rate will also remain unchanged at 3.58 per cent for the
      265 words
    • Article
      CURRENCY
      150 17 COUNTER RATES Singapore dollars to one unit of foreign currency Selling Buying 00 US dollar 1.3919 1.4076 Sterling pound Australian dollar 2.3189 1.1131 2.3753 1.1477 Canadian dollar 1.0257 1.0490 NZ dollar 0.9734 1.0065 EC unit 1.7779 Singapore dollars to 100 units of foreign currency Austrian schilling 12.6645 13.2238 Belgian
      150 words
    • Article
      ASIAN CURRENCY UNITS
      111 17 Contract date: November 29 1996 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 4m 5 4‘. 4’-» 4 m 3/12/96 AS 5'« 5'. 5'. 5'. 5 m 5 m 3/12/96 NZS 8’7‘. 7’. 7 6*. 8 3/12/96 STG 5 1
      111 words
    • Article
      HONGKONG
      490 17 November 29 1996 HKS ASM Pacific 6 55 0 100 Allied Ind int I 0 63 unch Allied Overeea 081 unch Asia Sec 'nt 1 79 0 04 flani< nf EA 33 '0 -0 10 C P Pokphand 2 70 0 12 COL Hole 396 0 02 CaleDe Coral
      490 words
    • Article
      UNIT TRUSTS
      713 17 Abtrust Fund Mgrs AbtrustSporeGrFd 0.977—1 027-• Allied Phtllip Mgt Asia Pacific G'owf Fd 1 133 —1 19C Am trie an Inti Aitur AlAUn«t linked Fund 1 055—1 111* A*A Lite ForfrpssFund 1 028. Citicorp Invt Bonk Crt' Global Bone F<3 1 053-1 064’• Cft' Asia Infrastructure Pd 1
      713 words
    • Article
      SES MAIN BOARD
      8596 18 INDUSTRIAL AND COMMERCIAL Transaction Date: November *****6 1995 96 Curr Last vol Day Gr's Net M Cap Wt Avg High Low Company Traded Sale +or000 High Low Div PE $mil Price ASE NTS10 200 US '000 900 ASF US$0 01 100 US 900 90 0 214 165
      8,596 words
    • Article, Illustration
      Lock icon Singapore honours: Most enterprising private local firms
      701 20  -  By Narendra Aggarwal HOMEGROWN semiconductor distributor and integrated circuit designer Serial System Pte Ltd, which is just eight years old. has been ranked Singapore’s most enterprising private local company for 19%. And in second place was engineering-basea Salcon, which shot up from 45th
      – Business Times picture.  -  701 words
    • Article
      CashCard, Nets aim for 30-40% of retail cash market
      564 20  -  By Tan Li Eng SINGAPORE’S new CashCard service the first nationwide rollout of a cashcard system in the Asia-Pacific together with the established Nets payment system hopes to capture 30 to 40uper cent of the retail cash market over the next
      564 words
    • Article, Illustration
      STIC plans Surabaya industrial park
      457 20  -  By Douglas Wong SINGAPORE Technologies Industrial Corp (STIC) plans to develop its fourth industrial park in Surabaya, Indonesia, and hopes to complete the $285 million, 100-hectare first phase in 2002. It signed a memorandum of understanding with Indonesia’s Dharmala Group in Singapore on Monday for
      457 words
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  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      634 21 JkU m MEANS ormi 11 in es AND THE OPPORTUNITIES ARE RIGHT HERE IN THE ASIA-PACIFIC o o TANDEM COMPUTERS is the leader in continuously available open parallel-processing, reliable client/server solutions and enterprise networks. BUSINESS OPERATIONS MANAGER SINGAPOREReporting to the Country Managing Director, you will be actively participating in the
      634 words
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      803 22 Programma Is a Swedish-based company that develops manufacturers and markets test equipment for high voltage installations. More than 85% of our systems are sold outside Sweden and we are one of the world market leaders in our niche. Asia is our fastest growing market and we are therefore expanding our
      803 words
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  • FORUM
    • Article
      Boundaries report perplexing
      629 23 What other factors were considered besides the size of electorate? AS A concerned citizen and a member of the now defunct Braddell Heights constituency, I would like to know how the Electoral Boundaries Review Committee draws up electoral boundaries I am curious as to the factors taken
      629 words
    • Article
      Do not be quick to condemn Western ills
      372 23 I WRITE this letter out of concern for the land of views held bv some, as reflected in Sng Choon Rwee's letter “Vital to uphold Asian values thev underpin our success” (STWeekly Edition, Nov 23). I cannot understand why some of us
      372 words
    • Article
      Electing a govt different from picking directors
      709 23 I REFER to the letter “Bad time for PAP to give wrong signals” (see this pac/e) by Michael Sim Tiong Wei. Mr Sim argues that Singapore is like a public company and that the government, “which mav comprise more than one political party”,
      709 words
    • Article
      Bad time for PAP to give wrong signals
      338 23 I AM no politician and have no desire to enter politics. The article “PAP to rethink ward plans if it does not get support” (ST, Nov 25) prompted me to write. I question the meaning and signal Mr Mah Bow Tan is
      338 words
    • Article
      Well done, academic glory aside, now let children expand their knowledge
      449 23 I READ with pride the report about Singapore topping a 45country survey of 13-year-old students who study science and mathematics (ST Weekly Edition. Nov 23). This is testimony to the careful planning by the Ministry of Education. Let us.
      449 words
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  • Article
    Strategic alliances the way to go, companies told
    531 24  -  The challenge to build world-class players, says BG Lee By Narendra Aggarwal PROMISING local companies have been urged to expand by consolidating their resources inrough strategic alliances. aiming to be Number 1 in the region and then grow into the global arena.
    531 words
  • Article, Illustration
    Lock icon Mother donates part of liver to son, 5
    695 24  -  By Geraldine Yeo A BOY received part of his mother s liver last Saturday in the first concurrent operations of their type earned out here. Having two surgical teams simultaneously wonting on five-year-old Muhammad Izzul Dinie Ibrahim and on his mother. Madam
    Picture by LILLIAN FOO.  -  695 words