The Straits Times : Weekly Overseas Edition, 1 March 1997

Total Pages: 22
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY. MARCH 1, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
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  • 573 1  - S’poreans going overseas and spending more By Tan Li Eng THE number of Singaporeans flocking overseas has doubled in the past five years and so has their spending abroad thanks to growing affluence and increased business travel as companies go regional. Travellers made 3.3 million overseas trips last year, a
    FOO MWfl WEN; SOURCE. DEPT OF STATISTICS  -  573 words
  • 249 1  -  Ashraf, 11, shows having one arm is no handicap By Thomas Koh NATIONAL soccer coach Bar™ Whitbread’s most often-heard lament is the lack of strikers in the Republic. His problem might be solved in a few years when 11-year-old Ashraf Abdul Rashid (above) grows up. This Primary 6
    Picture by JERRY SEH.  -  249 words
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  • NEWS FOCUS
    • 604 2  -  No negligence in Winny Ho case, Committee of Inquiry says By Julie Kee THERE was no negligence in the way government officers managed the Winny Ho child abuse case, a Committee of Inquiry has found. But there were errors in judgment
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    • 541 2  -  By Lea Wee DOCTORS in Singapore are being briefed on the Advance Medical Directive (AMD), which allows a person to choose to stop treatment when he becomes terminally ill. The AMD Act. which was passed in Parliament in May last year, will probably
      NOEL ROSAIFS  -  541 words
    • 547 2  -  By Tan Ooi Boon THE courts will not deal with Ecstasy abusers lightly, even if the offender is a tertiary student, because this would send the wrong signal to other students. Chief Justice Yong Pung How said on Tuesday. He said this
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    • Official Secrets Act case
      • 759 3  -  By Lim Li Hsien CHIEF Justice Yong Pung How will review the questions which the Public Prosecutor wants referred to the Court of Appeal, following the CJ’s landmark decision to overturn lawyer Christopher Bridges’ convictions under the Official Secrets Act. He said this on Thursday
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      • 230 3 lAWYER Christopher Bridges (above), 33, was charged under the Official Secrets Act after he obtained the new addresses of four people from a police officer between July 1993 and April 1994. The officer, then a field intelligence officer with the Criminal Investigation Department, got the information from
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    • 352 3 A TOTAL of 139 Singaporeans were infected last year with HIV\ the virus that causes Aids. This is an increase of about 25 per cent over the 111 cases in 1995, the Ministry of Health said on Monday. Figures accompanying a ministry statement
      ADAM LEE; SOURCE MINISTRY OF HEALTH  -  352 words


  • HOME
    • 595 4  -  By Narendra Aggarwal SINGAPORE has moved up in the ranking of the world’s exporting nations but it faces growing competition in global markets from newly emerging economies, the first major review of trade since 1985 has shown. A Committee on International Trade (Coit),
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    • 518 4  -  Underwear-clad robbers strike Lomie Road bungalow By Melissa Heng THREE men, clad in only their underwear, robbed a family in Lomie Road of at least $200,000 in cash and jewellery early last Friday morning. Mr Yeo Chong Lin, 63, a di rector in a family
      Picture by WONG KWAI CHOW.  -  518 words
    • 467 4 THE Government is looking at ways to allow more Singaporeans to take part in the policy-making process by contributing ideas to help tackle problems facing the country. Youths, professionals, associations and interest groups would be included in what Pasir Ris GRC MP
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    • 1000 5  -  By Tan Ooi Boon RISING property values over the past few years have prompted more families to go to the High Court to resolve their cattles over their homes. The courts do not keep records of these
      EOOHWEI WEN  -  1,000 words
    • 338 5 Sworn enemies HE HAS eight siblings. But at least two of them are now his sworn enemies. In an interview with The Straits Times, the man, a senior manager of a company, said he no longer considered them family. The enmity has come about because of a very
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    • 121 5 SETTLING disputes out of court does not mean the end of the bitter blood, said one party. A man who was involved in a squabble with his sisters over their mother’s house told The Straits Times that his case was settled when he decided to pay
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    • 420 5  -  They accepted $14,000 bribes By Lim Seng Jin FIVE Woodlands checkpoint immigration officers who accepted bribes from two syndicates, to make it easier for Indonesians to enter Singapore, were given jail sentences on Wednesday. They were also each ordered to pay a penalty equal to
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    • 1268 6  -  Best solution is to change legislation, say lawyers and academics When is oral sex an offence? By Lim Li Hsien A RECENT Court of Appeal decision ruling that oral sex is an offence except when it is used as foreplay between
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    • 240 6  -  By Walter Fernandez DR CHEE Soon Juan and Mr Ling How Doong were returned unopposed as the secretarygeneral and chairman of the Singapore Democratic Party (SDP) at its biennial cadre cori ference last Saturday. There were, however, two key leadership changes in the
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    • 541 7  -  $1.25m negligence suit By Elena Chong A FORMER seamstress whose medical negligence suit was settled earlier for more than $1 million said she will use the money to continue her medical treatment, including getting a liver transplant. Madam Sim Bee Ngo, 40, had checked
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    • 330 7  -  By Ong Sor Fern FOR 11 years, artist Ching Hing Kang had to paint his large canvases in the common corridor outside his five-room HDB flat because he had no workspace. Now, for $2OO a month, the 52-year-old can paint in air-conditioned comfort
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  • Page 6 Advertisements
    • 195 6 The Singapore National Employers Federation presents i i i i PROGRAM FOR EXECUTIVE DEVELOPMENT (7 to 17 April /997, Singapore) An intensive 1()-day program designed to give fast-track functional managers the broad perspective necessary' to function at senior organisational levels. (.earn to 1. Develop the conceptual skills and the broad
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    • 193 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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  • MALAYSIA
    • 459 10 AFP KUALA LUMPUR Malaysian police have stepped up a campaign to seize houses, cars and other assets of alleged drug dealers as part of a war against a growing narcotics problem, press reports said nere on Wednesday. Three houses and three
      AFP; The Sun picture.  -  459 words
    • 198 10 Bemama. KOTA BARU A Form Three student assaulted his school discipline master with a piece of wood after he was reprimanded for going to school late on Wednesday. The boy, of Tengku Indera Petra Secondary School in Gua Musang, was suspended for 10 days, Kelantan
      Bemama.  -  198 words
    • 531 10  -  By Brendan Pereira in Kuala Lumpur MALAYSIA had no choice but to embrace information technology and the unrestricted flow of information which came with it, otherwise, it would be left behind, Prime Minister Datuk Seri Dr Mahathir Mohamad said on Wednesday.
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  • Page 10 Advertisements
    • 218 10 rrrrr g GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION Leeds is rated 7th in research power in the most recent Research Assessment Exercise The Master of Arts in Asia Pacific Studies I taught in Singapore, made available to the region via internet... The only course of its kind
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  • SOUTH-EAST ASIA
    • 295 11  -  By Ignatius Stephen in Bandar Seri Begawan IN A surprise move, Sultan Hassanal Bolkiah of Brunei has announced the resignation of his youngest brother. Prince Jefri Bolkiah, as the oil-rich state’s Finance Minister. The announcement said the 40-year-old prince had resigned for personal
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    • 622 11  -  Well done, but don’t change Constitution: Cardinal Sin B y Nirmal Ghosh Philippines Correspondent MANILA President Fidel Ramos said on Tuesday that although the Philippines had seen remarkable economic progress, many promises had yet to be fulfilled, while Manila Archbishop Jaime
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    • 450 11  -  By Edward Tang Thailand Correspondent BANGKOK A proposal to allow a non-elected person to be Prime Minister has met strong resistance from the Thai public, including the head of the political-reform body tasked to draft the new Constitution. Mr Uthai Pimchaichon, chairman of the
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  • COMMENT/Pick of the week’s editorials
    • 691 12 MARCH 1 1997 ALMOST everyone now has a favourite human clone to emerge as a follow-through to Dolly. That is a sheep created by genetic manipulation last July by I)r lan Wilmut. a British embryologist. but just reported in the scientific press. As a feat of
      691 words
    • 671 12 FEBRUARY 25. 1997 THE report of the committee of inquiry on the Winnv Ho childabuse case. released last week, can be taken at two levels As the injuries inflicted on the child by her mother were so brutal as to cause brain damage, the public's interest
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    • 684 12 FEBRUARY 24 1997 THE extension of road pricing to two key expressways and the changes in the area licensing scheme underscore the point that modifications and fine-tun-ing are an integral part of man aging traffic growth in a small city state. The tinkering has to
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    • 842 12  -  By Alan John THE tragedy of Winny Ho focused attention, rightly, on the various authorities which handle child abuse cases, and the recent committee of inquiry report gave us some reasons why things went wrong. Now' we know that the social
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  • COMMENT/ANALYSIS
    • 1030 13  - Education brace yourself for change and more change My view KOH BUCK SONG ABOUT a week ago. I wrote a report in The Straits Times on a “school of the future” concept being tried out in the United States, which the Education Ministry here is studying. The scheme's most radical
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    • 835 13  -  By Koh Buck Song IN HIS Mailbag letter last Friday, Mr Goh Sin Tub referred to the “weird juxtaposition” of Annabel Chong and the 12 Senior Counsel in my column last week. I had questioned the easilyassumed link between schools
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK


  • MONEY
    • 472 16 Weekly share market review BROKERS in Singapore were busier quoting the prices of Malaysian over the-counter stocks than they had time to look at Sin-gapore-listed counters this week. The top ten most actively traded counters for most part of the week, was made
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    • 1693 16 Company Data ann N«t •*rn TY LY ($m) <$m) EPS TY LY let») let*) ABN Amro Sap 18 1 1,696 1,372 492 402 AiSB* Sap 30 1 1.629 8.737 1.50 6.52 Alcorn* Sap 12 1 13.682 14.510 10.7 11.4 Ala» Midqs Dac 12 1 0 885 MS* 2.95
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    • 257 16 RIGHTS ISSUE Company Ratio Exdata Books Aec 8 dost Paymt Gadjah 2000 Ont-for-ona RuplOOO Oct 2 Oct 8 NYA BONUS ISSUE El* Books Company Ratio data dost Easykmt Two-for-ont Jan 24 Jan 30 Not! Gifts Ona-for two Jan 14 o C OTHERS ElBooks Acc 8 Company Ratio data
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    • 194 16 Company Rights Istua AIS8 Thraa-for-fiva 9> RM5 50 Amcol Onafortwo *> $2.05 H loom) Crad Onafor-tan M$6.90 MUI Ona-tortwo <ĕ M$1.30 Mulpha Ona-forfour <0 M$160 Nipparcraft Ona-forfour $0.28 PMI Thraa-for-two <9 M$1.00 Company Bonus Issua Kamayan Corp Onafor-thraa H Laong Crad Ona-for-fiva M Camant Onefor-tour MAA Ona-for-fiva Malayawata
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    • 79 16 ST Industrials Index The Straits Times Industrials Index dropped 45.58 points on the week to 2195.70. DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday 2233.99 7.29) 2201.97 (-32.02) 2216.07 (+14.10) 2190.63 (-25.44) 2195.70 5.07) 419.96m ($845.692m) 468.04m ($924.059m) 507.83m ($1039.27m) 384 08m ($733.764m) 405.68m ($662.058m) BT— MGA
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    • 689 16 Paymant <*> Ca data Books closa Pay data ASF US$0.***** F to Mar 18 Mar 31 Apr 9 Amstaal SOC D 10 Jan 3 Jan 10 J an 31 Ask Pacific F 10 Fab 28 Mar 6 Mar 19 Avimo Croup 20C F 15TE Fab 28 Mar 6
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    • 112 16 Company Plaet Data Tima C Proport lot A Laval 2 Alexandra Point 438 Alexandra Road (*****8) Tab 24 10.00am Asia Pacific A Laval 2 Alexandra Point 438 Alaiandra Road (1199$8) Fab 25 10.00am Carabos E Board Room n Third Laval Tha Regent Sir» pa port l Cuscadan Road
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    • 402 17  -  By Douglas Wong SINGAPORE Power (SP) wants to use its existing underground national cable network to offer a full range of multimedia services as well as the basic telephone services for which it is bidding. "We have the ability to quickly roll out all
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    • 549 17  -  Money freed could mean higher interest rates By Tan Li Eng THE Post Office Savings Bank (POSBank) can now maintain lower cash reserves with the Monetary Authority of Singa pore (MAS), bank chairman Moses Lee said last Friday. This will free up its surpluses
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    • 495 17  -  By Kalpana Rashiwaia FASHION Cafe, the themed restaurant chain whose own ers include supermodels Claudia Schiffer, Elle MacPherson, Naomi Campbell and Christy Turlington, hopes to open ah outlet m Singapore this year. Its Asian franchisee is said to be eyeing prime Orchard
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    • 151 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit 1.4152 2 2813 1 0848 1.0271 0.9638 1.4314 2.3373 1.1197 1.0506 0.9973 1.6503 Singapore dollars to 100 units of foreign currency Austrian schilling 11.6768
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    • 109 17 Contract date: February 28 1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 4 11 4 Vl6 57,6 57,6 57,6 47,6 4/3/97 AS 5V,. 57u 57,6 57.6 5’ 2 4 4/3/97 NZ 6-V. 6'V.6 7 7 7>. 6'. 4/3/97 STG
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    • 486 17 February 28 1997 HK$ HONGKONG ASM Pacific 6 45 unch Allied Ind Int'l 1 61 -0 03 Allied Oversea 0 91 unch Asia Sec Int 2 96 -0 12 Bank of EA 28 25 025 C P Pokphand 2 80 unch COL Hotel 4 38 0 17 Cafe Oe
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    • 808 17 AbtruitFund Mgrs Abtrust Spore Gr Fd 1 0230—1 0750* American Inti Assur AIA Unit Linked Fund 1 113-1 172# AXA Life Fortress Fund 1 050» Citicorp Invt Bonk Cti Global Bond Fd 1 042-1 052" Crt' Asia Infrastructure Fd 1 20—1 25** Credit Lyonnait Int'l Asset Mgt Cl
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    • 9064 18 INDUSTRIAL AND COMMERCIAL Transaction Date: February *****7 1996 97 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 USS0 01 100 US 900 900 214 163
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    • 616 20  -  By Tan Li Eng THE Government will not relax the anti speculation prop ertv curbs imposed last Mav, Finance Minister Richard hfu said last Friday. “We think that the measures have worked quite effectively,’ he said. Property prices had softened bv 10 to 15
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    • 532 20  -  By Narendra Aggarwal A THREE-PRONGED strategy has been unveiled to develop Singapore into a global city of international trade. The plan, devised by a high-level Cel set up by the Trade Development ird (TDB), calls for. A PARADIGM shift in the way
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    • 576 20  -  Former residence of High Commissioner may fetch sB2m By Kalpana Rashiwala ABOUT half of the Malaysian High Commissioner’s disused residence at Gallop Road will be up for sale soon. The 150,000 sq ft area a tract of prime
      G CHANDRADAS  -  576 words





  • Page 21 Advertisements
    • 876 21 m SINGAPORE LAND LIMITED We seek a dynamic and highly motivated individual to assume a key position as our Qeneral 'Manager Building Management Services Reporting to the President and CEO and supported by a team of building managers, you will assume an important role in ensuring high standards of management
      876 words

  • Page 22 Advertisements
    • 964 22 Lo S' r o "/S J £K vj oking for success? Our business is experiencing rapid growth in the Southeast and West Asian regions and Indo-China. To support this continuous regional growth, we are inviting qualified candidates who are in constant pursuit of career challenges to join our organisation. Procurement
      964 words

  • FORUM
    • 668 23 Staying ahead in the economic race I REFER to Mr Koh Buck Song's article, “Singapore's hare' must be careful to stay ahead of the ‘tortoises' (see page 14). He talked about the eco nomic race between Singapore and its neighbours. To keep ahead. Singapore
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    • 225 23 I REFER to the discussion about MRT etiquette. I have some suggestions. We could start bv introducing the keep left rule. Commuters should keep to their left when they are getting on or off the train. Arrows can be painted on the
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    • 357 23 I REFER to the latest government measures (ST Weekly Edition. Feb 22) to relieve congestion on our expressways. Taken as a whole, the package seems reasonable and practical and. in the short run. will achieve the objective of curbing congestion on our "major
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    • 421 23 Project in MSc course provides practical training Training for IT professionals I REFER to the article “New breed of systems analysts needs skills in dealing with people” (ST, Feb 23). According to the study by the Data Processing Management Association and the
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  • PM Goh outlines factors behind city state’s success
    • 722 24  -  Reports by Chua Mui Hoong m Johannesburg A GOVERNMENT that is accountable and transparent, plans long-term, and dispenses social justice. One that gets its economic fundamentals right by being market oriented, exer cising fiscal discipline, encour aging high savings and investment. and investing in
      Picture by ALPHONSO CHAN  -  722 words
    • 258 24 SINGAPORE will set in place a three year rolling plan of technical coopera tion between Singapore and the southern African nations of Botswana, Namibia, South Africa and Zimbabwe. This is an extension of an on-go*«g programme in which Singapore offers technical assistance training
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  • 359 24 NATIONAL Development Minister Lim Hng Kiang on Sunday identified three possible sites to replace the Tanjong Pager railway station. These sites for the future underground station are along Scotts Road, where it would be linked with Newton MRT station. near Suntec City where
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