The Straits Times : Weekly Overseas Edition, 26 April 1997
1997-04-26
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The Straits Times : Weekly Overseas Edition
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Title Section20 1997-04-26 1 The Straits Times WEEKLY EDITION SATURDAY APRIL 26. 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/9620 words
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771 1997-04-26 1 Leong ChanTeik - Bus, MRT hikes will be pegged to inflation in future By Leong ChanTeik FARES for most forms of public transport will go up in June this year and. after that, commuters can expect small increases on a regular basis. The 13-member Public Transport Council771 words
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Article, Illustration374 1997-04-26 1 Julie Kee - By Julie Kee THE Chin quintuplets are Aokay. And these are their Christian names: Adriel, Alicia, Amanda, Annabelle and Andre. The first four are doing so well that they are out of their incubators just three weeks after being bom premature374 words
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Page 1 Advertisements
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Advertisement7 1997-04-26 1 Singapore enters the golden age: Page 97 words
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Advertisement11 1997-04-26 1 Planning a CAREER Move CHECK OUT Pages 21 22 *****1 *****611 words
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NEWS FOCUS
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798 1997-04-26 2 THE Singapore Institute of Management (SIM), a private professional body which offers degree and diploma courses, win be turned into a private university specialising in finance and business courses, Deputy Prime Minister Tony Tan announced on Tuesday. It will be free to set its798 words
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Article, Illustration388 1997-04-26 2 A MAN went on a rampage early on Wednesday, smashing car windscreens and ripping off their wipers and door mirrors. Sixteen cars parked in front of Block 657 in Hougang Avenue 8 were damaged in the attack at about 4.20 am. A resident staying on thePicture by Aziz Hussin. - 388 words
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Article357 1997-04-26 2 Jasbir Singh - By Jasbir Singh A SECONDARY Four schoolgirl was among four people arrested at a rented one-room flat in Toa Payoh on suspicion of trafficking heroin. The 15-year-old girl is the youngest suspected trafficker nabbed this year. The Central Narcotics Bureau (CNB) seized 1.6 kg357 words
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693 1997-04-26 3 Tan Ooi Boon - Scam to get 1.27 trillion yen failed By Tan Ooi Boon FIVE men. together with an elderly Japanese woman who claimed to be a daughter of the late Emperor Hirohito, tried to cheat foreign banks here of a sum amounting to 1.27693 words
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826 1997-04-26 3 Ahmad Osman - Judge dismisses his defences with costs By Ahmad Osman THE High Court ruled on Tuesday that opposition politician Tang Liang Hong defamed Prime Minister Goh Chok Tong in an interview published in The Straits Times on Jan 11. His defences were dismissed826 words
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Article, Illustration612 1997-04-26 3 Elena Chong - Japanese woman had two more days of 18-month sentence to serve By Elena Chong A JAPANESE woman serving a prison sentence for a multibillion dollar forgery scam died from natural causes last month, two days before she was to be released from prison. Okada612 words
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HOME
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Article, Illustration762 1997-04-26 4 IN THE COURTS RIOTING cases are on the increase and offenders must be caned if they cause severe injuries, a district judge said on Tuesday when he jailed 11 young men and ordered them to be caned. The762 words
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343 1997-04-26 4 A RETIRED police detective cooked up an ingenious “insurance scheme” for gambling dens by promising to pay their fines if they were caught. Ong Swee Choon, 52, was on Thursday fined $20,000 and ordered to pay a $2,400 penalty for receiving343 words
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427 1997-04-26 4 Elena Chong - By Elena Chong A NEWLY-WED man Eunched his wife and broke er nose after his mother complained to him that the wife nad treated her like a dog. But his mother-in-law found out about the beating and reported him427 words
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1038 1997-04-26 5 Jason Leow - Marriage not a priority for young S’poreans SDU survey But majority would like to be married By Jason Leow MARRIAGE is not on the minds of young Singaporeans, according to a survey by the Social Development Unit (SDU) last year. Among graduates aged 21 to 36, marriage was thefourth most1,038 words
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300 1997-04-26 5 What if the proportion of singles rises? Housing Government might need to provide flats for singles “This is called a moral hazard problem. Society would implicitly be saying that single life is all right.” Economist \lukul Asher. “Singles pay taxes too. Our tax system is300 words
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Article, Illustration656 1997-04-26 6 GinnieTeo - Modified bikes make deafening impression By GinnieTeo THEY raise hell on the open road, but purr politely wnen they show up tor annual inspections. In between compulsory vehicle tests, motorcyclists are modifying their machines to make a deafening impression wherever they go.JALEHAHASHIM CHOO BEE YiAf. - 656 words
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Article, Illustration241 1997-04-26 6 WET, wet, wet is an apt description of a new play which will take place inside the fountain at Suntec Citv next month. It promises to be so wet that the audience will be supplied with free raincoats. Homegrown theatre company TheatreWorks is trying to entice people toarts.” Picture by ALPHONSOCHAN. - 241 words
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438 1997-04-26 6 Elena Chong - By Elena Chong TWO men who were each planning to get married may have to put off their wedding plans after they were jailed in separate cases for molesting a schoolgirl and an undergraduate respectively. In the first case, safety supervisor438 words
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Article650 1997-04-26 7 Mary Kwang - STPB is the best tourist organisation again By Mary Kwang China Correspondent BEIJING Singapore’s tourism gems sparkled at the close of the Pacific Asia Travel Association <Pata) Mart here last Saturday, winning six out of 18 awards handed out. Heading the List of Singapore winners650 words
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349 1997-04-26 7 Ravi Velloor - By Ravi Velloor PRIME Minister Gyula Horn, wrapping up the first trip to Singapore by a Hungarian government leader, has called on Singaporean investors to check out prospects in his country’s tourism industry. He also announced the upgrading of Budapest’s representation in Singapore349 words
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Article, Illustration469 1997-04-26 8 Mary Kwang - By Mary Kwang China Correspondent THE Walt Disney Company has grand plans to bring some of the family fun and the entertainment extravaganza of the "happiest place on Earth" to Singapore. The DisnevFest wilt premier in Singapore at the end of the year, offeringWalt Disney Company picture. - 469 words
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430 1997-04-26 8 1 GinnieTeo - By 1 GinnieTeo MS MAMS WONG. 29. has a secret. “I store all my notes in the computer, but at the end of the day. I make a printout," said the secretary who works in a carpet company She explained: “Although my430 words
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Page 7 Advertisements
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Advertisement167 1997-04-26 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 ST167 words
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Page 8 Miscellaneous
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Miscellaneous1128 1997-04-26 8 RADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6155 KHz (49M BAND) MONDAY 1100 News 1109 Business Market Report 1115 Arts Arena 1130 News 1135 The Front Page 1138 E Z Beat 1145 Newsline 1200 News/Weather (Asia-Pacific) 1205 E Z Beat 1220 Business Market1,128 words
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SPORTS
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Article, Illustration567 1997-04-26 9 Shirlynn Ho-Pereira - Women’s singles, doubles and mixed doubles finals are all-Singaporean affairs TABLE TENNIS By Shirlynn Ho-Pereira TO NO-ONE’S surprise, Jing Junhong picked up Singapore’s fourth ?ola medal from the Commonwealth able Tennis Championships on Sunday. The Shanghai-born Singaporean, the top seed, beat compatriot Tan Paey Fern567 words
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251 1997-04-26 9 ATHLETICS INJURIES and a lack of form have forced the Singapore men’s relay teams to skip the on-gomg Thai Open athletics championships in Bangkok. Instead, the 4xloo and 4x400-metre squads will make their debuts at the Philippine Open from May 16-19. Nursing a251 words
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515 1997-04-26 9 Santokh Singh - SOCCER Pre-World Cup soccer By Santokh Singh KADIR YAHAYA Rafi Ali and Hairi Suap have been ruled out of Singapore’s World Cup qualifier against Kuwait at the National Stadium tonight. Following a medical examination on Wednesday morning by Dr Patrick515 words
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MALAYSIA
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Article, Illustration59 1997-04-26 10 THIS second bridge linking Malaysia and Singapore will be joined on July 31. Its official opening has been fixed for Nov 1. To date, construction on the crossing, which began in mid-1993, is 90 per cent completed. Spanning the Straits of Johor, it will link TanjungNST picture. - 59 words
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Article358 1997-04-26 10 if other laws are updated to deal effectively with criminal offences KUALA LUMPUR The Internal Security Act (ISA) is being reviewed by the Cabinet, which is studying the possibility of amending or abolishing it, according to news reports. SHome Minister Datuk Ong Ka arliament on358 words
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471 1997-04-26 10 It’s a nationalist group that’s dividing the Malays, he says JITRA (Kedah) The oppo sition party PAS is not an Islamic party but a nationalist one and responsible for dividing the Malays, said Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad. Expressing471 words
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517 1997-04-26 10 State to propose Ms2o-SMSO charge to KL JOHOR BARU The Johor state government will propose to the federal government that an entry levy of between Ms2o and Msso (SSI 1.40 and 5528.50) be imposed on all Singapore-registered cars entering the county via517 words
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SOUTH-EAST ASIA
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394 1997-04-26 11 Brendan Pereira - By Brendan Pereira in Bandar Seri Begawan SINGAPOREANS working here were told on Thursday that they could be unofficial ambassadors of the country, and project a good image of Singaporeans to Bruneians. Foreign Minister Professor S. Jayakumar said that when the government394 words
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Article277 1997-04-26 11 THE Singapore Association in Brunei plans to set up a school for pre-schoolers ana primary pupils next year, with the help of Singaporeans working in the sultanate. Mr Jumahat Subaree, the assistant treasurer of the 200-strong body, said that the plan was for the277 words
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124 1997-04-26 11 -AFP JAKARTA President Suharto has declined to give the country’s longest bridge his name, saying that he does not want to create a “personality cult”. “Naming the bridge with my name, I am concerned, could give rise to a personality cult, and therefore...-AFP - 124 words
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Article, Illustration336 1997-04-26 11 While the road to Bangkok for poor girls from the provinces often leads to the capital's seedy go-go bars and brothels, seven hotels are offering them a chance to escape the poverty trap without having to resort to prostitution. BANGKOKAFP picture. - 336 words
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496 1997-04-26 11 Nirmal Ghosh - Some pay up to $3,000 to leave Manila and work in Singapore: Report By Nirmal Ghosh Philippines Correspondent MANILA Filipinas bound for work in Singapore without the necessary papers pay up to 60,000 pesos (553,400) to local “escorts” who ensure they pass through Manila International Airport496 words
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COMMENT/Pick of the week’s editorials
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Article699 1997-04-26 12 APRIL 25, 1997 THE United States imposition of economic sanctions against Myanmar, applicable to its own nationals ana companies, will draw as much disdain from sceptics as declarations of support from those who believe these form the magic bullet that will put an end to699 words
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Article691 1997-04-26 12 APRIL 24 1997 CHINA'S President Jiang Zemin is in Russia for a purpose he has described as building a “strategic co-operative partnership" with a neighbour wnich his country has felt uneasy about for three decades until the late 1980 s. That was in the691 words
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Article660 1997-04-26 12 APRIL 21. 1997 THE Asian Development Bank <ADB> has drawn attention to two sobering aspects of the region's economic scene. Its Asian Development Outlook released last week noted that some higher-cost Asian countries were beginning to feel the competitive heat generated by low-cost producers; and660 words
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Article, Illustration788 1997-04-26 12 Chua Lee Hoong - By Chua Lee Hoong TWO weeks ago. I had the pleasure of a long interview with Mr Harbans Singh, a 47-year-old airport cargo supervisor and unionist whose grandfather had been a hero of the an ti-British Sikh resistance in The *****. The fiery SikhNOEL ROSALES - 788 words
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COMMENT/ANALYSIS
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Article, Illustration769 1997-04-26 13 Without much fanfare, Singapore has been training about 2,000 officials from more than 80 developing countries a year. They come here to improve their technical skills and knowledge under the Singapore Cooperation Programme. JASON LEOW of the Political Desk. MRS KHANTHALA KEO VONGPHANH. 29.769 words
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Article, Illustration238 1997-04-26 13 AS PART of their English lan guage training course. Miss Thong Sokuntneary. 34. and her classmates went to a supermarket to read food labels. This was in line with the proEme's aim of giving them son experience in using the language, both at238 words
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Article, Illustration189 1997-04-26 13 GHANAIAN Chris Quave. 49. was impressed with the speed witn which passengers could pick up their luggage when they arrived at Changi airport. “It is amazing how you can put the first piece of luggage in the baggage claim nail in iust 12 minutes189 words
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INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
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Article, Illustration2320 1997-04-26 14 To the average Singaporean, the HDB flat is no longer just a roof over the head but the proverbial pot of gold. How did heavily subsidised public housing end up as a sure-to-win lottery? What can be done to shorten the spiralling queue of applicants?2,320 words
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Article, Illustration1104 1997-04-26 15 Whenever Mr E. S. Ebrahim Marican, the president of the Federation of Indian-Muslims, reads progress reports on the various communities here, his Ahmad Osman about the plans and problems of his community. Interview INSIGHT: Can we start off by asking you aboutPicture by ALBERT SIM. - 1,104 words
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Article, Illustration1135 1997-04-26 15 Asad Latif - Thinking Aloud Asad Latif THE case of Mr Lam Fui Kow. who wrote in to The Straits Times Forum page, is instructive. The kidney patient, who earns $3,500 a month, is on the subsidised dial bv the National Kidney FOUrtaa tion (NKF). He would1,135 words
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MONEY
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390 1997-04-26 16 Weekly share market review PESSIMISM reigned in the bourse this week, generating along with it a spate of negative rumours that sound frightening real but do not pan out. Analysts said the current malaise is a vicious cycle; investors attempt to390 words
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Article1253 1997-04-26 16 Company Oltt «nn Nat aarn TY LY <$m> <Sm> CPS TY LY (eta) (ett) Ac*r Mar 12 r 32.481 31.029 19.6 22.9 Acma Mar 19 p 40.588 52.778 24.5 31.9 Amt*K Eng Mar 21 i 11.887 11.846 8.27 8.33 Apollo Mar 17 p 4.232 5452 2.7 3.4 Anamatri*1,253 words
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Article141 1997-04-26 16 Company Place Date Time First Cap Corp E Conference Rm 80 Raffles PI •25-01 UOB PIS2S 1 (*****4) Apr 25 230pm Pentex-S Circuits c Conference Rm 55 Penjuru Rd (*****0) Apr 25 10.00am Cycl« Carriage A Oeges Suite,level 1 The Oriental 5 Raffles Avc (*****7) May 6 12.00n141 words
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Article268 1997-04-26 16 RIGHTS ISSUE Company Ratio Cx- Books data cio so ACC k Raymt Koppal TIT Two-for-four Apr) Apr9 NVA BONUS issue Cx- Books Company Ratio data dots Koppal Corp Ona-forfour Ajr 24 Apr 30 OTHERS Cx- Books ACC t Company Ratio dltl CtOM Raymt Koppal Corp wt97 Cntltlamont to268 words
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Article23 1997-04-26 16 I i 1 hjfiisliy Ifigiiiffiif i mm i l-£ f iillsfiifiil IflfJltgf ooSoooooo lilllllil i tltifilh! I4ifiSiii!ii!iPi*in* iMlIif'lfl'H 2!!sSSl Qh sa23 words
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Article72 1997-04-26 16 ST Industrials Index The Straits Times Industrials Index dropped 23.60 points on the week to 2019.60. DAY Monday Tuesday Wednesday Thursday Friday CLOSE 2037.89 5.31) 2047.56 9.67) 2034.80 (-12.76) 2020.17 (-14.63) 2019.60 0.57) TURNOVER 151.740 ($407.266m) 113.675 ($335.816m) 118.798 ($356.745m) 100.210 ($343.570m) 83.735 ($281.905m) BT—MGA Index The72 words
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Article1178 1997-04-26 16 Payment 1%) (1 date Beaks cies* Ray date Aztech Syt 5C D 4TE Jun 13 Jun 19 Jul 3 BAT 2K F 119 Apr 10 Apr 16 Apr 28 Bouttead 5<X 1 10 May 7 May 13 Jun 14 CIC r 27 May 9 May 15 May 281,178 words
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Article, Illustration390 1997-04-26 17 THREE Singaporeans have made it to Euromoney’s list of the world’s top 50 women in finance. Mrs Elizabeth Sam, deputy president of OCBC Bank, was chosen as one of 10 most outstanding women, alongside luminaries such as World Bank managing director Jessica390 words
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Article145 1997-04-26 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar 1.4329 1.4493 Sterling pound 2.3010 2.3574 Australian dollar 1.0977 1.1322 Canadian dollar 1.0227 1.0460 NZ dollar 0.9776 1 0107 EC unit 1.6486 Singapore dollars to 100 units of foreign currency 12.1334 Austrian schilling 11.6274145 words
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431 1997-04-26 17 Sim Wai Chew - By Sim Wai Chew SINGAPORE Airlines (SIA) has sold one Boeing 747-300 combi jet and is looking to sell its remain ing two in the current financial year. The three aircraft are worth between US$l6O million (***** million) and US$2OO million,431 words
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Article121 1997-04-26 17 Contract date: Aori! 25 1997 UNIT ONE MTH 3 MTK 6 MTH 9 MTH 12 MTH CALL VALUE DATE US; 5'/. 5w 5y.< 57* 5V: 6 4H 29/4/97 AS 5' 57 b’« 5’-5‘-j ?Q/4 /Q? NZ 6Y. 6 hi 6"«, 6 s 6 y.< 5 l 2121 words
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177 1997-04-26 17 THE Standard Chartered Group on Monday opened its upgraded and expanded treasury dealing room at Six Battery Road. The dealing room, the group's largest, has 90 trading terminals, and is used to trade products like spot and forward foreign exchange, money market instruments and financial177 words
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Article444 1997-04-26 17 April 25 1997 HKS ASM Pacific 5 40 +0 100 Allied Ind Int i .2 88 -1-0.25 Asia Sec Int 3.23 0.25 Bank of EA 26 35 -015 C P Pokphand 2 45 003 CDL Hotel 3 48 -0 02 Cafe De Coral 1 98 001 Cath Pac Air444 words
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Article749 1997-04-26 17 Mars' Prices. Apr 26 Abtrust Fund Mgr» Abtrust S'poreGrfd 0.995-1 046 American Inti Assur AIA Unit Linked Fund 1 047—1.103# AXALife 0 991 Citicorp Invt Bank Citi Global Bond Fd 1 038-1 048" Citi As a infrastructure Fd 1.11-1 16" Citi Japan Fd 1 00—1 00* Credit Lyonneii749 words
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Article9097 1997-04-26 18 INDUSTRIAL AND COMMERCIAL T ransaction Date: April *****7 1997 Curr Last Vol Day Grs Net M Cap WtAvg High Low Company Traded Sale ♦or000 High Low DivS PE {mil Price ASE NT$10 200 US 885 885 ASF US$0 01 100 US 885 88 5 '75 '55 Acer9,097 words
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Article, Illustration430 1997-04-26 20 Colin Tan - By Colin Tan GOVERNMENT-LINKED Singapore Technologies Industrial Corporation (STIC) is partnering Asian movie giant Golden Harvest in a joint venture to invest in cinemas in China. In a deal sealed on Tuesday, the joint-venture company Golaen-STIC will invest up to US$2 million (552.9 million)430 words
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Article241 1997-04-26 20 RETAIL sales, excluding motor vehicles, measured at current prices, fell 3.3 per cent in February from the same month last year. Including motor vehicle sales, however, the retail sales index in February fell 17.6 per cent from a year earlier and plunged 30 l per241 words
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Article, Illustration497 1997-04-26 20 William Choong - By William Choong A JAPANESE consortium is to build a US$3OO million (***** million) chemical plant on the offshore island of Pulau Sakra, giving Singapore’s chemical industry a further boost. Four Japanese firms Sumitomo Chemical Co Ltd, Toagosei Co Ltd,Picture by WONG KWAI CHOW. - 497 words
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Page 21 Advertisements
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Advertisement670 1997-04-26 21 TANDEM MEANS OPPORTUNITIES AND THE OPPORTUNITIES ARE RIGHT HERE IN° THE ASIA-PACIFIC <>■■ m- o Founded in 1974, Tandem Computers Incorporated (NYSE: TDM) designs and delivers technology solutions that companies rely on in a business world that runs 24 hours a day. SENIOR FINANCIAL ANALYSTS Asia Pacific Region Reporting to670 words
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Page 22 Advertisements
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Advertisement946 1997-04-26 22 We INVEST IN THE BEST. /7 areer decisions should be made prudently because they determine L your long-term future. When you join us, the Government of Singapore Investment Corporation Pte Ltd (GIC), you are making a prudent decision which gives you good long-term returns. We are the largest global fund946 words
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FORUM
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870 1997-04-26 23 I REFER to the letter by Chng Hoon Hoon, “Why is Case keeping mum?” (see the other letter) and would like to thank him for this opportunity to explain some of our workings and our woes. Firstly, Case is a very870 words
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Article, Illustration293 1997-04-26 23 I REFER to your report “MRT fare revision proposed” (ST Weekly Edition, April 19). I do not think that there is a need to increase MRT fares for the moment. In the first place, the SMRT does not pay for its capital293 words
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Article121 1997-04-26 23 Bus lanes BUS lanes as drawn now pose a danger if motorists were to abide 100 per cent by the rule. A drive around the island will reveal that many of these lanes terminate too closely to turning junctions. The fact that there are not121 words
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345 1997-04-26 23 THE 10-cent incentive for MRT commuters who reach their destination before 7.30 am works out to $2.20 per month and $26.40 a year. If it were saved for a year in one-cent coins, it certainly would weigh more than The Straits Times345 words
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Page 23 Advertisements
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Advertisement123 1997-04-26 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, such123 words
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Article552 1997-04-26 24 17 companies sign on to develop services for network SEVENTEEN companies and research groups signed on the dotted line on Thursday to ensure a piece of the action when Singapore One bursts on the scene here. IBM Singapore, Philips Singapore, Ericsson Radio Systems, IPC552 words
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Article, Illustration170 1997-04-26 24 TELEVISION’S NEW STARS A TAIWANESE undergraduate and a Malaysian air stewardess won their tickets to television stardom here last Saturday night. Mr Jerry Chang, 21, and Miss Florence Tan Siew Lee, 19, each won $60,000, a Toyota car and a three-year contract with170 words