The Straits Times : Weekly Overseas Edition, 7 June 1997
1997-06-07
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The Straits Times : Weekly Overseas Edition
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Title Section19 1997-06-07 1 The Straits Times WEEKLY EDITION SATURDAY, JUNE 7, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA(P) 156/08/9619 words
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342 1997-06-07 1 People first’ PM’s vision for S’pore in 21st century PRIME Minister Goh Chok Tong on Thursday outlined his vision for Singapore in the 21st century and called for a change in mindset wfiich would place people first, ahead of material progress. Singapore, he said, would value and develop its people342 words
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1023 1997-06-07 1 Chua Mui Hoong - By Chua Mui Hoong PRIME Minister Goh Chok Tong on Thursday gave a detailed account of the strained ties between Singapore and Malaysia and offered a framework of wider cooperation between the two countries. This framework would help overcome existing1,023 words
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Article, Illustration159 1997-06-07 1 TO ESCAPE the heatwave of the past few weeks, this girl was spotted running up to a fountain outside NTUC Fairprice supermarket in Bedok last Saturday afternoon and cooling herself there. The Meteorological Service said that it had been less rainy than usual last monthPicture by CHEW SENG KIM. - 159 words
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Page 1 Advertisements
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Advertisement20 1997-06-07 1 Planning a CAREER Move? CHECK OUT Pages 21 22 8 'S87'81 *****6 Formula for S’pore to stay ahead: Page 2420 words
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NEWS FOCUS
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Article194 1997-06-07 2 THE Government has accepted the National Wages Council’s recommendation that the total pay rise for workers this year should be moderated because of the expected slower economic growth. Announcing this last Saturday. the Labour Ministry noted that the total wage increase last year moderated to 6.7 per194 words
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Article, Illustration685 1997-06-07 2 Jason Leow - By Jason Leow THE National Wages Council has recommended moderate wage increases for this year, and expects the average wage increase to be less than last year's 6.7 per cent. At a press conference last Friday. NWC chairman Professor Lim Chong Yah685 words
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Article, Illustration306 1997-06-07 2 THIS is the way Argentine sailors make their grand entrance into any port of call standing high on the masts of their ship. These naval cadets or gavieros sailed in on the training ship Libertad last Friday morning for a three-day visit, docking at the PulauPicture by JONATHAN DRAKE. - 306 words
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606 1997-06-07 3 Lea Wee - By Lea Wee CASES of measles have risen sharply, with more than 700 reported in the first five months of this year. This represents a sevenfold increase from the more than 100 cases over the same period last year, but no606 words
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Article, Illustration190 1997-06-07 3 IT WAS like a Hollywood extravaganza part Rambo, part Darth Vadar and part Solid Gold dancers. And it went down well with parents and friends of the 3,500 National Service recruits at Thursday’s combined passingout parade. Celebrating 30 years of National Service,Picture by LILLIAN FOO. - 190 words
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195 1997-06-07 3 COMPUTERS for at least half the households in Singapore in five years’ time this is the target the Prime Minister has set in the nation’s drive to harness information technology. And for children from less well-off families, the People’s Association195 words
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477 1997-06-07 3 Elena Chong - By Elena Chong FIVE people from Sabah who suffered big foreign exchange trading losses are suing United Overseas Bank and a former UOB employee for a total of about $1.6 million. They are seeking to recover the sums they477 words
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PARLIAMENT
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636 1997-06-07 4 Minister assures MPs and Singaporeans: SINGAPORE'S search for alternative sources of water supply was a top priority of the Government and recent events have added urgency to it. said Minister for Trade and Industry Lee Yock Suan on Wednesday Speaking in Parliament636 words
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298 1997-06-07 4 The race to stay ahead AS SINGAPOREANS hone their skills to stay ahead of the fierce economic challenge. they should not forget to be caring, compassionate and gracious, said two MPs who stressed the "softer" aspects of life on Tuesday. There was a298 words
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Article, Illustration563 1997-06-07 4 National Education programme THE National Education programme launched in schools recently was welcomed by MPs on Tuesday, with many of them cheering it as a timely move which would foster a* muchneeded sense of belonging to the nation. The young, they said, did563 words
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Article, Illustration372 1997-06-07 4 Threats to cut off water supply A DESALINATION plant which could supply half of Sin gapore’s daily demand of 150 million gallons of water will cost $540 million and could be used for up to 30 years. Professor Low Seow Chay (Chua Chu Kang)372 words
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633 1997-06-07 5 MEMBERS of Parliament on Monday took Malaysia to task over the strained ties between the two countries and said they found the abuses and threats from across the Causeway unacceptable. Leading the charge in the House was Dr Wang Kai Yuen (Bukit633 words
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518 1997-06-07 5 NEW legislation will be introduced to increase the number of Nominated Members of Parliament from six to nine. Leaders of key functional groups in business and industry, the professions and the labour movement will also be asked to nominate their members518 words
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645 1997-06-07 5 Jeyaretnam calls PAP a ‘mafia govt’ NON-CONSTITUENCY MP J.B. Jeyaretnam on Wednesday charged that the People’s Action Party was a “mafia government” which relied on fear to cow Singaporeans into submission in the recent General Election, which he said was a “spectacle”.645 words
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516 1997-06-07 5 S’pore-Malaysia economic union MR CHIAM See Tong (Potong Pasir) sparked off a debate on Monday when he revived his old proposal for a SingaporeMalaysia economic union. The move, he argued, would lower tariffs and set up a common market which would expand the market516 words
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HOME
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Article, Illustration1046 1997-06-07 6 David Miller - 1997 Swiss report ranks Republic among the lowest in crime-to-population ratio Reports by David Miller THE iust released 1997 edition of the World Competitiveness Yearbook reports that Malaysia's crime rate has shot up and surpassed that of Singapore's. The statistics are based on reportedSOURCE INTERNATIONAL INSTITUTE EOR MANAGEMENT DEVEIOPMENT LAUSANNE SWITZERLAND - 1,046 words
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385 1997-06-07 6 A MYANMAR national who vandalised 14 cars in a HouE carpark this year was on iav sentenced to a total of 33 months' jail and five strokes of the cane. Maung Thant Zaw Moe, 25. was jailed for 15 months385 words
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333 1997-06-07 6 COMPARING the crime rates of city-states like Singapore with those of bigger countries may not give an accurate picture of the rela tive levels of security or lawlessness, said the head of police operations, Senior Assistant Commissioner Benedict Cheong. Commenting on the333 words
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592 1997-06-07 7 Rav Dhaliwal - Singapore Expo at Changi will be largest in region By Rav Dhaliwal SINGAPORE Expo: That is the name of the new $l5O-mil-lion mega-exhibition centre which got off the ground last Friday The Port of Singapore Authority (PSA) will manage the centre at Changi South592 words
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385 1997-06-07 7 Teo Pau Lin - By Teo Pau Lin WHEN Amy Tan first announced her decision to write a book about Chinese mothers and their American-born daughters, even her own Shanghainese Mum voiced scepticism. "You’re American," her mother said. But her book. The Joy Luck Club,385 words
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Article, Illustration446 1997-06-07 8 Julie Kee and; Tan Hsueh Yun - More than 68,000 at annual event By Julie Kee and Tan Hsueh Yun THERE were serious walkers, fancy-dressers and families out for a morning of fun. Joining them were doe-lovers, prampushers and snadow-chasers who just wanted to keep cool in the shade. They were among– Picture by ALPHONSO CHAN. - 446 words
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Page 7 Advertisements
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Advertisement185 1997-06-07 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 ST185 words
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Page 8 Miscellaneous
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Miscellaneous1116 1997-06-07 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 Market1,116 words
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SPORTS
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Article, Illustration625 1997-06-07 9 Joe Dorai - FAS says that it is only an intermediary SOCCER By Joe Dorai THE Football Association of Singapore has ordered SLeague club Woodlands Wellington to pay players Esad Seidic and Sandro Radun in a bid to avert a possible ban by Fifa. soccer’s625 words
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Article, Illustration334 1997-06-07 9 NATIONAL coach Barrv Whitbread has decided to lift the ban on teenage striker Ahmad Latiff Khamaruddin. Whitbread has agreed to allow the Geylang United striker to play for the national Under-21 side against England’s Youth World Cup team at the Jalan Besar Stadium this evening.334 words
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Article, Illustration402 1997-06-07 9 YACHTING GREAT improvement, but it would be best to see them in competition. So said Australian Mike Fletcher, who is in town to train Singapore’s top sailors for Octobers South-east Asia Games. And he cannot wait to see them race. Said the 63-year-old, who402 words
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313 1997-06-07 9 BOWLING NATIONAL technical director Mike Boroskae had said more than once that there was an abundance of young bowling talent in the country. Proof of that came as organisers of the Landmark Youth Challenge at Victor’s Superbowl, which started on Thursday, became inundated with313 words
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MALAYSIA
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273 1997-06-07 10 SHAH A LAM Acting Prime Minister Datuk Seri Anwar Ibrahim said on Tuesday he could see that the Singapore Government was now determined to cooperate and be friendly with Malaysia. “The Malaysian government and I can see the Singapore's Government’s stand, that is.273 words
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453 1997-06-07 10 Brendan Pereira - slm moved illegally from Wanita Umno’s account By Brendan Pereira in Kuala Lumpur DEPUTY Primary Industries Minister Siti Zainab Abu Bakar was sacked on Thursday from her post for involvement in a case in which MSI.B million (about SSI million) was transferred illegally453 words
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387 1997-06-07 10 Case of the missing millions: KUALA LUMPUR A fund set up by Malaysia for replanting rubber trees had been used up and not misappropriated as alleged. Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said on Wednesday. He denied any malpractices387 words
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Article207 1997-06-07 10 Melissa Heng - By Melissa Heng JOHOR Immigration’s intensive checks on Singaporeans crossing the Causeway regu larly have been relaxed, a spokesman for the Immigration Department there said. The spokesman, who did not want to be named, told The Straits Times on Monday: “Once or twice a year,207 words
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Article, Illustration74 1997-06-07 10 MALAYSIANS Mohanadas Nagapan (left) and Magendran Munisamy, posing with their country’s flag after they reached the peakofMount Everest last month. This exclusive picture, published only on Wednesday, was taken for a Malaysian newspaper by a Sherpa helping the two men conquer the peak on74 words
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SOUTH-EAST ASIA
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560 1997-06-07 11 Edward Tang - Confusion over safety clearance By Edward Tang Thailand Correspondent BANGKOK The Thai Cabinet has approved the construction of a nuclear reactor, according to reports yesterday that quoted the Science and Technology Minister, but confusion loomed over the controversial decision which560 words
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579 1997-06-07 11 Susan Sim - PDI crushed, PPP gains—votes; protest riots erupt By Susan Sim Indonesia Correspondent JAKARTA Surpassing even its own predictions, ruling party Golkar has grabbed almost three-quarters of the valid votes in Indonesia’s sixth general election, in the process decimating an opposition group wrecked by an internal dispute579 words
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Article, Illustration54 1997-06-07 11 BANGKOK Two murder suspects used their voices to help them break out of jail, Thai police said. The Bangkok Post quoted the police as saying that JIMBOALBANO Sompong Boonprasert and Ketsara Saiabyud sang loudly as they sawed through the bars of a toilet window in KamphaengJIMBOALBANO - 54 words
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449 1997-06-07 11 Derwin Pereira - Special mobile units will help poor families in rural areas raise their standard of living By Derwin Pereira in Jakarta IN A move to alleviate poverty and raise labour standards, President Suharto has launched a special programme to equip Indonesians with better working skills. Speaking449 words
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COMMENT/Pick of the week’s editorials
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Article684 1997-06-07 12 JUNE 6 1997 MENTION Cambodia now. and the eyes glaze over. When Pol Pot and his Khmer Rouge had the Cambodian people at their mercy in 1975-79. the world was transfixed by their Hitlerite cruelty. That period of madness has given way to a more mundane684 words
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Article667 1997-06-07 12 JUNE 5,1997 EDUCATION has always been a crucial factor in Singapore's success. What is new is the emphasis on thinking as a critical factor in educational success Prime Minister Goh Chok Tong underscored its importance at the opening of the Seventh International Conference on Thinking here this667 words
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Article670 1997-06-07 12 JUNE 3 1997 DESPITE misgivings in some countries over Myanmar’s entrv into Asean. a dispassionate look shows that its inclusion, simultaneous with Cambodia and Laos, will benefit the grouping. It brings to fruition the Asean founders' fond hope, in those davs three decades ago when670 words
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Article, Illustration907 1997-06-07 12 Chua Lee Hoong - By Chua Lee Hoong SOME people do not mind going to discos crowded with sweaty hunks, some of whom might be blowing cigarette smoke right in their faces, and others trving to pick them up. Yet they baulk at the idea of907 words
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COMMENT/ANALYSIS
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Article, Illustration1076 1997-06-07 13 Chua Mui Hoong - By Chua Mui Hoong THE recent Housing Board rules which streamline HDB subsidies deserve a hearty round of applause. Gone are trie limitless subsidised loans which gave HDB flat-buyers loans at 3.58 per cent interest, just a notch aboveLUWIG ILLIO - 1,076 words
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1035 1997-06-07 13 Tan Sai Siong - By Tan Sai Siong MY HEART went out to Madam Lee Guek Qui. 49, the woman who killed her husband with a washboard and was sentenced to eight years’ imprisonment after pleading guilty to manslaughter. While some who read1,035 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, Illustration1483 1997-06-07 14 Singapore-Malaysia row What on earth is going on between Singapore and Malaysia? And what does one make of the torrent of acrimonious words from across the Causeway and the subdued response here? Is the row a storm in a teacup or a more serious dispute with deeper1,483 words
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Article, Illustration1301 1997-06-07 15 So what is the big deal about being an engineer? Why does Singapore need so many of them? And what is the biggest long-term threat to the country? Ms Ho Ching, Singapore Technologies CEO, who made waves with a recent speech overturning1,301 words
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Article, Illustration1111 1997-06-07 15 Han Fook Kwang - Thinking Aloud Han Fook Kwang WHAT is surprising about the Government’s recent measures to cut the public housing queue was not the announcement itself the writing had been on the wall for some time but that, when it came, it raised hardly a1,111 words
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MONEY
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414 1997-06-07 16 Weekly share market review SINGAPORE shares traded listlessly throughout the week, underlined by weak demand from foreign institutional investors, said dealers. Aside from sporadic interests in several counters, most fund managers kept transactions to a minimal, said an institutional dealer. Shares of414 words
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Article1269 1997-06-07 16 Company Data an n Net earn TY IV <$m) (Sm) EPS TY LY lets) (cts) Avimo May IS 1 4.501 3.207 4.31 3.07 ANA HotflS May IS F 3859 3.794 805 7.91 Aztech May 26 F 30.972L 25.300 3.5L 7.0 Berger Inti May 20 F 2.524 4.995 2431,269 words
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Article76 1997-06-07 16 ST Industrials Index The Straits Times Industrials Index dropped 33.18 points on the week to 2032.30. DAY CLOSE TURNOVER Monday Tuesday Wednesday Thursday Friday 2060.90 4.58) 2061.221+ 0.32) 2047.89 (-13.33) 2043.71 (-4.18) 2032.30 (—11.41) 92.652 ($324.505m) 119.920(5339.672m) 98.005 ($278.732m) 101.369($340.452m) 94.292 ($335.923m) BT— MGA Index The BT—MGA76 words
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Article157 1997-06-07 16 RIGHTS ISSUE Company Ratio Ek- Books Acc date close Paymt out one-for-five d>$0.00 Jun 5 Jun 11 NYA OUB Foralqn one-for-five (PS6.91 Jun 5 Jun 11 NYA BONUS ISSUE Es- Books Company Ratio date close Teledata One-tor-one May 26 May 30 NYA OCBC One-for-five Jun 5 Jun 11157 words
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Article1232 1997-06-07 16 Payment Ex dete Books closo Pay date Boustead SOC 1 10 May 7 May 13 Jun 14 Bnusteadco F 2 Oct 8 OCt 14 Oct 28 CSA 20c F 10 Jun 20 Jun 26 Jul 11 CWT 25C D 10 May 29 Jun 4 Jun 16 DBS F1,232 words
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Article136 1997-06-07 16 Company Placa Date Time Ming W«n A Pieces/Acquarius Lovti 1,Marina Mandarin (*****4) Jun 3 10.00am utc c 80 Rattles Place 61st Storey.UOB PLZ 1 (*****4) Jun 3 10.45am Meiban Plastic A Board Room 230 Victoria St •12-00 Bugis Junction (*****4) Jun 3 tl.OOam Sembawang Corp c The Board136 words
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Article221 1997-06-07 16 Company Rights Issue Aise Ameoi Resources H Leong Cred IPC Coprn MUI Mulpha Nippercraft PMI Pub Bk F Osprey M Tat Lee Bk Three-for-five <S> MS5.50 One-tor-two $2.05 One-for-two 9 $1,30 One-for-ten S’ M$6.90 One-for-tlve «P $0.30 One-for-two <f MS1.30 One-for-tour 9> M$1.60 One-for-four $0.28 Three-for-two if M$l.00221 words
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Article94 1997-06-07 16 Payment <%> ex data Books dost Pay data ANA HotalS F 2 dun 19 Jun 25 Jul 11 Avimo Grp 200 1 7.5TE Jul 22 Jul 28 Aug 14 Attach $y$ 5C b 4TE Jun 13 Jun 19 Jul 3 Bandar Raya 0«v F 2 Jun 24 Jun94 words
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417 1997-06-07 17 SINGAPORE Airlines’ poorer financial performance over a sustained period could also be the result of a “sea change” taking place in the industry, ana not just due to exchange rate fluctuations, rising fuel prices, or changes in travel pattern, said chairman417 words
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518 1997-06-07 17 Narendra Aggarwal - US, Germany ‘will lose out in productivity* By Narendra Aggarwal SINGAPORE’S per capita gross domestic product (GDP) could surpass the US$3O,OOO (5543.200) mark this year, exceeding the GDPs in leading world economies such as the United States and Germany. This means518 words
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154 1997-06-07 17 SINGAPORE Telecom will cut its international direct dialling (IDD) rates to 106 “less popular’’ destinations by up to 15 per cent. From next month, IDD rates to countries such as Iran, Israel, Macau, Norway, Pakistan, South Africa, Turkey and the United Arab Emirates will154 words
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Article114 1997-06-07 17 Contract date: Jun 06 1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 57« 5V. 5‘ 57, 57« 4': 10/6/97 AS 4% 4 V. 4 7, 4 7« 4 7, 47« 11/6/97 NZS 6 y„ 67;, 6'. 6'. 6'. 5>.114 words
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Article147 1997-06-07 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar ***** 1.4336 Sterling pound Australian dollar 2.2954 2.3510 1.0655 1.0991 Canadian dollar 1.0217 1.0451 NZ dollar ***** 0.9942 EC unit 1.6247 Singapore dollars to 100 units of foreign currency Austrian schilling 11 4355 11.9480147 words
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Article465 1997-06-07 17 Jun *****7 ASM Pacific Allied Ind loti Allied Oversea Asia Sec lot Bank of EA C P Pokphand COL Hotal Cafe De Coral Cath Pac Air Century City HKS 5 IS 3 67 084 4 33 2905 2 45 340 205 11 85 308 76 25 0100 0 05465 words
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Article564 1997-06-07 17 AbtrustFundMgr» 4btrustSporeGrFd 0 996— 1 047" A/n*ricm Inti A»tu' AlA Un»t linked Fund 1 047—1 103» AXALife 'stress'und 1 005' Citicorp In* Bank Cti Globa 1 Bonded 1 044-1 054 C»t Ash 'ntfstructure F(J 1 13—1 18" Cib Jaoan 1 d 104-104" Credit Lyonnais Int'l Asset Mgt Cl564 words
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Article9238 1997-06-07 18 INDUSTRIAL AND COMMERCIAL Transaction Date: Jun *****7 1997 Curr Last Vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale or000 High Low Div P/E Smil Price ASE NTJ10 200 us 685 885 ASF US1C 100 US 885 88 5 203 155 Acer 50c9,238 words
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Article, Illustration618 1997-06-07 20 Tammy Tan - Earnings growth of 11.6% helps it remain most profitable listed company in S’pore By Tammy Tan SINGAPORE Telecom (SingTel) has announced full-year net profit growth of 11.6 per cent to $1.66 billion emerging as Singapore’s most profitable listed company yet again. It is one ofRAYMOND LEE - 618 words
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Article461 1997-06-07 20 Douglas Wong - Computer maker to stop making printed circuit boards By Douglas Wong APPLE Computer will lay off another 250 workers in Singapore as it stops making printed circuit hoards (PCBs) at its Ang Mo Kio plant and focuses on systems assembly. Two companies one Singaporean have461 words
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280 1997-06-07 20 CAM International Holdings has fired chief financial officer Ng Chee Tiong and said it would take steps to remove him as executive director at the next general meeting. And vice-chairman Yap Bu Lim had resigned on May 19 while company secretaries Yvonne Lim and Tan280 words
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Page 21 Advertisements
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Advertisement797 1997-06-07 21 IMHP—- The Straits Times Weekly Edition mm* m COMFORTGROUP Comfort Group is a leading land transportation company whose strategic aim is to expand its core businesses in taxi operations, motor vehicle repair, car distribution, maintenance and inspection services both locally and regionally. To this end, the Group is actively seeking797 words
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Page 22 Advertisements
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Advertisement915 1997-06-07 22 J. P. Morgan has built its business on a commitment to serve the interests of clients with complex financial needs. J. P. Morgan puts its capability, character, and experience to work for corporations, governments, institutions, private firms, and individuals to help them solve difficult problems and identify promising opportunities. This915 words
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FORUM
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995 1997-06-07 23 Debate on creativity and the education system THE debate on creativity has centred on two issues: curriculum changes and the increased use of information technology (IT) in schools. These changes are welcome. In particular, I applaud the Ministry of Education’s plan to give all995 words
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636 1997-06-07 23 IN THE June 1 issue of The Straits Times, the Traffic Police placed an advertisement which stated that “statistics show that nearly half of all the fatal road accidents are caused by speeding”. The inevitable conclusion to be drawn from this statement is636 words
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481 1997-06-07 23 I READ with great concern the letter from Mr Douglas Chua “Are animals in S pore being overprotected?” (ST, May 30). Based on the apparently stiff penalties meted out by our courts recently for acts of cruelty to animals, Mr Chua concluded that we481 words
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Article, Illustration746 1997-06-07 24 M. Nirmala - Future depends on ‘making learning a part of everyday life’ By M. Nirmala PRIME Minister Goh Chok Tong on Monday outlined what Singapore must* do to meet the challenges of the future and flourish. He called on all Singaporeans to makePicture by NG HAN GUAN. - 746 words
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513 1997-06-07 24 Neville Stack - By Neville Stack m London SINGAPORE has been ranked the second freest economy in the world, with its rapid growth and high level of per capita income cited as an illustration of the potential for growth in an economi-cally-free environment. Hongkong was ranked513 words