The Straits Times : Weekly Overseas Edition, 14 June 1997

Total Pages: 22
1 22 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY. JUNE 14, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
    20 words
  • 1088 1  -  By Leong Ching Ching THE monthly water bill for all households will be more than doubled by the year 2000 under a new pricing structure announced bv the Government on Tuesday to ensure that Singaporeans never go thirsty. Giving details at a press conference.
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  • 171 1 FLORAL TRIBUTE FOR 50TH YEAR YOU cannot take home a Singapore Girl, but you can take away an orchid named after her the Singapore Girl orchid. The new purple-col-oured hvbria, cultivated by the National Parks Board, was named the Singapore Girl Orchid on Thursday as
    Picture by GEORGE GASCON.  -  171 words
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  • HOME
    • 611 2  -  By Tan Hsueh Yun COUPLES who have applied for Housing Board flats under the Fiance Fiancee Scheme can now use their Central Provident Fund money to pay the new $5,000 registration deposit. Those who intend to wed this year need not
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    • 454 2  -  By Lim Seng Jin I TWO S-League footballers were charged on Thursday with taking j bribes to fix the outcome of eight matches between April and October last year. Balestier Central Football Club’s former defender, Manap Hamat, 34, was charged with eight counts of
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    • Malaria cases in Bintan
      • 386 3  -  Two very ill, others treated and discharged By Rav Dhaliwal TWENTY-THREE people from Singapore have contracted malaria on Bintan island since March this year, the Environment Ministry said on Tuesday. A spokesman said that 17 were guests of hotels in the Bintan Beach Resort.
        Tim OHIO '•»*.  -  386 words
      • 367 3  -  By Jasbir Singh in Bintan THERE is no malaria epidemic in Bintan. health authorities on the Indonesian island said on Tuesday. Captain Agost Hariyanto, head of the military-run Dr Midiyato Hospital in Tanjung Pinang, said the number of malaria patients being seen there
        Picture by ALPHONSO CHAN.  -  367 words
    • 256 3 THINGS are returning to normal at the Causeway as Singaporeans flocked back to Johor last weekend to shop and dine. A Sunday Times check last Saturday afternoon found long queues of vehicles on both sides of the Causeway. Two weeks ago, The Straits
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    • 341 3  -  By Chua Chin Hon WHEN the sirens went off to warn golfers to get indoors, Miss Low Lee Lee. 29, a Singaporean beautician, hopped into her golf buggy for tne five-minute drive back to the clubhouse. Lightning was flashing and rain falling over
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    • 566 4  -  By Yong Siew Min SINGAPORE sold more hightechnology goods abroad than any of its three East Asian economic rivals, a study by the Trade Development Board (TDB) shows. The Republic exported US$3B billion (5553.2 billion) of such high-tech products in 1995, up
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    • Courts say no to QCs
      • 599 4  -  Case No 1 By Ahmad Osman MRS Tang Liang Hong has failed to get the High Court to admit a Queen’s Counsel, Mr Arthur Leolin Price, to fight for her to retain her ownership of the family bungalow in Hua Guan Avenue which is worth
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      • 472 4  -  Case No 2 By Elena Chong THE High Court has dismissed an application by an acupuncturist to have a Queen’s Counsel admitted to argue his appeal against his molest conviction. Justice M.P.H. Rubin said last Friday that the issues outlined in the affidavit of the
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    • 333 4 THE s atch was luck and out of breath. After snatching a handbag in Bedok. he was chased by two teenage bovs aged 18 a J!?r^'i^ es^e a rec^ess dash across the Pan-Island Expressway (PIE), he was caught by the boys after two km.
      Shin Min Picture  -  333 words
    • 477 5  -  ‘"We want to keep things simple. But when it is a chief minister’s daughter, I guess it cannot be that simple.’ Groom-to-be Aravind G. By Braema Mathi A SINGAPORE businessman is marrying the youngest daughter 01 the Chiet Minister ot Tamil Nadu
      MIEI  -  477 words
    • 247 5  -  By Wang Hui Ling honoxong Conespondent SINGAPOREANS may continue entering Hongkong without applying for visas, according to a recent announcement by the territory's Immigration Department. Similarly, entry requirements for Hongkongers into Singapore would remain unchanged. Singapore was one ol the first countries to
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    • 467 6  -  By Tan Hsueh Yun INTERNATIONAL executives rated Singapore tops in competitiveness and gave it high marks for being well-govern-ed, with few problems in tax evasion and organised crime Indeed, they rated the Re public highly in several areas related to the quality of
      SOURCE THE GLOBAL COMPETITIVENESS REPORT 1997; LEE CMEE CHEW  -  467 words
    • 156 6 THE Singapore General Hospital has confirmed that its head of the obstetrics and gynaecology department. Dr Maurine TsakoK. has been suspended from all duties since last Friday SGH declined to comment further on her suspension Dr Tsakok. 57, has been at SGH since 1986.
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    • 321 2 me News at your fingertips »3 return airtickets to USA, UK and Australia to be won! »Be the first 300 persons to subscribe to The Straits Times Weekly Edition for 6 months or longer and get a CASIO Scientific Calculator fx'B2SX FREE V\v\* w 4 tern KIT* S a U
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  • Page 5 Advertisements
    • 187 5 Home Delivery weekly! A crisp summary of the week's major happenings in Singapore. Politics, business, the economy, investment opportunities, executives appointments.... and highlights on Malaysia and the Asean. A convenient tabloid airmailed to you wherever you may be. Yes! Every week. Subscribe now. And be at home with the ST
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  • Page 6 Miscellaneous
    • 1118 6 KADIO SINGAPORE INTERNATIONAL (ENGLISH) PROGRAMME SCHEDULES 1100 1400 Hours (GMT) 6015 KHz (49M BAND) 6155 KHz (49M BAND) MONDAY 1100 News 1109 Business Mar ket 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
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  • SPORTS
    • 359 7  -  SNOC AWARDS NIGHT By Shirlynn Ho-Pereira WHEN the awards were first announced last month, the main winners found the news so unexpected that they had to pinch themselves. On Sunday night, Sportsman of the Year Sam Goh and Sportswoman of
      Picture by DENISE TAN.  -  359 words
    • 218 7  -  ATHLETICS By Lucienne Loh SPRINTER Timothy Yeo bettered the national 200-metre junior record when he clocked 21.475ec during the finals of the Nike Swift Track and Field Championships at Singapore Polytechnic on Sunday. His time was o.o2sec faster than Haron Mundir’s
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    • 355 7 BOWLING IT WAS the rose among the thorns which showed the most sting last Friday during the Landmark Youth Challenge bowling competition. Yap Seok Kim, 21, floored the male opposition at Victor’s Superbowl to walk off with $l,OOO cash and a bagful of goodies
      Picture by JERRY SEH.  -  355 words
    • 433 7  -  SOCCER By Thomas Koh AN AMICABLE settlement has been reached in the Esad Sej-dic-Sandro Radun saga. The S-League and Woodlands Wellington FC will each pay half of the compensation or $39,050 due to the players. A total of $78,100 in unpaid salaries $40,700 to
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  • MALAYSIA
    • 550 8 Purely commercial reason why many Malaysian businesses prefer S’pore port LONDON Singapore is still the preferred port for many Malaysian businesses and the attempt to promote Port Klang as a substitute for the Republic is “misguided" and will be “ignored”, Lloyd's List,
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    • 60 8 PRIME Minister Datuk Seri Dr Mahathir Mohamad trying out a go-kart in Surrey, London. Electric cars and motorcycles are set to join Malaysia’s road scene by year-end. The price of the electric car is likely to be from M 328.000 to M 535,000 (5315,900
      Berita Harian Malaysia picture.  -  60 words
    • 229 8  -  By Ho Wah Foon in Kuala Lumpur THE second draft of a set of common guidelines on cultural and educational matters for over 5.700 Chinese guilds in Malaysia has been finalised, but drafters are unsure of support from influential Chinese educationists. This set of new
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    • 283 8 KAMPAR (Perak) The government is organising a massive nationwide “clean toilet" campaign to instil discipline among Malaysians when using publicwashrooms. Housing and Local Government Minister Datuk Dr Ting Chew Peh said his ministry was working out an effective strategy, to be completed within two months,
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    • 538 8 Bemama. ALOR SETAR Acting Umno President Datuk Seri Anwar Ibrahim reiterated on Sunday that dishonest leaders would have no place in the party and that action against such people would continue without any form of compromise. “There can be no compromise
      Bemama.  -  538 words
    • 233 8 AFP, Bemama. KUALA LUMPUR The Malaysian government announced on Wednesday that it has decided to scrap tne monopoly of the national Bemama news agency as the distributor of foreign news in the country. Steps are being taken to amend the Bemama Act and remove the rights
      AFP,; Bemama.  -  233 words

  • SOUTH-EAST ASIA
    • 538 9  -  Purchase of F-16s cancelled, too, because of ‘unjustified criticisms’ Reports by Susan Sim Indonesia Correspondent JAKARTA Indonesia, hitting back at the United States Congress ahead of a House vote on Tuesday on continued American funding for military training aid to Jakarta, announced
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    • 261 9 AFP, Reuter. HANOI Soaring temperatures and unseasonally low rainfall have created an acute power shortage in northern Vietnam that could cripple Hanoi. A heat wave which began in Hanoi recently has strained power supplies to such an extent that, for tne first
      AFP,; Reuter.  -  261 words
    • 476 9  -  Reports by Derwin Pereira in Jakarta IN A rare Cabinet change, President Suharto last Friday replaced Information Minister Harmoko with retiring army chief General Raden Hartono. Announcing the decision, State Secretary Moerdiono said Mr Suharto had “taken the decision to honourably discharge Harmoko
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    • 130 9 JAKARTA The outgoing Information Minister, Mr Harmoko, has said that he was not surprised by his sudden replacement and was prepared for his new appointment as State Minister of Special Affairs. “I am not surprised. The change was not sudden because I had al- ready been
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    • 650 9  -  By Luz Baguioro in Manila PRESIDENT Fidel Ramos on Wednesday urged executive branch officials and legislators to draft a law that will allow the electorate to amend the Constitution di rectly. On Tuesday, the Su preme Court quashed a move by
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  • COMMENT/Pick of the week’s editorials
    • 683 10 JUNE 11 1997 THERE is a sound case for reducing Singapore’s dependence on foreign workers. There is an equally strong case for ensuring that, so long as the Republic cannot do without labour from abroad, those who come here to work are treated with care and
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    • 702 10 JUNE 9 1997 PRIME Minister Goh Chok Tong's vision for Singapore in the 21st century, whicn ne outlined in Parliament last week, is nothing less than a manifesto of change. Ol course, certain things will not change the constraints of Singapore s size, its vulnera bilitv to forces
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    • 697 10 JUNE 7.1997 IT IS said that countries have permanent interests rather than permanent friends. Prime Minister Goh Chok Tong’s offer of "a new era of cooperation with Malaysia free from historical and emotional baggage" should go some way to prove that the two are not
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    • 889 10  -  3y Aian John PEOPLE wno live in Yio Chu Kang hear it al! the time especia from taxi drivers reluctant to go there. Tell them vour address and they seem to gel a whiff ot the pig farms which once tent the
      rwmo noche  -  889 words

  • COMMENT/ANALYSIS
    • 1197 11  -  My View NG WEI JOO WHAT makes an ideal education? This question has exercised thinkers and reformers since the beginning ol recorded history Confucius and Plato wrestled with it. as did Bertrand Russell in modern times One issue which philosophers have struggled
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    • 973 11  -  By Simon Tay PRIME Minister Goh Chok Tone’s recent call in Parliament for Singapore to develop a civil society is necessary and timely. It promises avenues for greater participation by citizens in giving both their suggestions and service. Potentially, it can help
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  • INSIGHT
    • 1582 12 The 23 new MPs in this session of Parliament all made their maiden speeches in the House last week. Koh Buck Song takes stock of their performance and pet concerns. IN LINE with the almost clockwork standard of organisation
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    • 391 12 AMONG the 23 maiden speeches made by new MPs in Parliament last week, the following stood out: Best off-the-cuff reply: Mr Lim Swee Say (Tanjong Pagar GRC), for his ready anecdotes and arguments to rebut veteran opposition leader J. B. Jeyaretnam. Wittiest speech: Dr Toh See Kiat (Aljunied GRC),
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    • 1143 13  -  Thinking Aloud Asad Latif THERE is a story about three guests at an international conference being asked what they thought of having mutton for dinner. The first, from an impoverished country, replied: “Mutton? What is* that?" The second. from an even poorer country, asked:
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    • 1112 13 The law allowing a patient to issue advance directives to doctors against artificial prolongation of the dying process will take effect next month. Dr Aline Wong, Senior Minister of State for Health, talks to Leong Ching Ching about the impact of the Advance
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  • MONEY
    • 491 14 Weekly market review THE Singapore bourse under went a dismal trading week with the benchmark Straits Times Industrials Index (STII) falling for all five days and breaching the the psychologically important 2,000-point level. The dearth of corporate leads and institutional interest was exacerbated
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    • 1282 14 Company Oat* *nn Net earn TY LY ($m> ($m) EPS TY LY lets) lets) Avimo May 15 1 4.501 3.207 4.31 3.07 ANA HOtflS May IS F 3 859 3 794 8.05 7.91 Aztech May 26 F 30.972L 25.300 3.5L 7.0 Berger Inti May 20 F 2 524
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    • 82 14 ST Industrials Index The Straits Times Industrials Index dropped 42.18 points on the week to 1990.12. DAY CLOSE TURNOVER Monday 2030.21 (-2.09) 64.951 ($209.145m) Tuesday 2014.78 (-15.43) 90.197 ($248.943m) Wednesday 1993.49 (—21 29) 66 944 ($225.330m) Thursday 1990.68!— 2.81) 73.410 ($242.737m) Friday 1990.12 (-0.56) 76.737 ($220,391 m)
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    • 295 14 RIGHTS ISSUE Company Ratio Ex* Books Ace 6 date close Paymt E Resources One-tor-two $1.30 Jun 10 Jun 16 NYA H Leonq Crad One-tor-ten M$6.90 Jun 17 Jun 23 NYA Muipha One-for-four M$1.60 Jun 17 Jun 23 NYA OUB One-tor-fiae $4.00 Jun 5 Jun 11 NYA OUB Foreign
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    • 1232 14 Payment <*> b date Seeks close Pay date Fuji Offset 20C b tOTE Jul 1 Jul 7 Jul 22 Fuji tec 50v F 11 NYA NYA Jun 30 Fu Vu Mtq IOC b 8 Jun 25 Jull Jul18 CC Lift F 13 May 28 Jun 3 Jun 16
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    • 189 14 Company Piece Dote Time Acer Comput»r A E 438 Alexandra Rd #02-00. Alexandra Point (*****8) Jun 10 9.00am Berger int'i A Maple Room. Harbour View Dei-ichi Hotel. 81 Anson Rd (*****8) Jun 11 10J0am Aatech Systems A Sheraton Towers Singapore, 39 Scotts Road (*****0) Jun rt 11.00am ST
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    • 58 14 Company Right* Itaua AISB Thraa-tor-tiva 0 MS5.50 Amcoi Ooa-lor-two <t $2.05 IPC Coprn Ona-tor-fiva $0.30 MU! Ona-lor-two <k M$i.30 Nipparcraft Ona-tor-»our $0.28 PMI Thraa-lor-two M$|.00 Pub Bk F Ona-lor-liva M$3.30 Ospray M Ona-for-ona $1.45 Tat Laa Bk Ona-tor-tlva ®> $2.00 Company Bonua istua Kamayan Corp Ona-for-threa H Royal
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    • 225 14 Paymant <*> Ex «ata if P»V data ANA HOtalt F 2 Jun 19 Jun 25 Jul tl Avtmo Grp 20C 1 7.5TE Jul 22 Jul 28 Aug 14 AVJanmngs H r 2 Jun 25 Jull Jul 17 Aitaeh Sys 5C b 4TE Jun 13 Jun 19 Jul 3
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    • 455 15 THE DBS Land group has signed an agreement to buy Brown's Hotel, a luxury hotel in London’s fashionable Mayfair district, for £45 million (*****.5 million). The historic Brown's Hotel, regarded as London's oldest and which links a series of 19th-century townhouses, was
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    • 390 15  -  By Colin Tan SINGAPORE'S largest industrial landlord, Jurong Town Corporation, will build 174 multi-level *‘stack-up" factories with ramps for container trucks to reach every unit. These new-generation, space-saving factories to be developed as a pilot project are expected to be cheaper for industrialists to lease
      Picture by CHEW SENG KIM.  -  390 words
    • 138 15 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling 1 4125 1.4286 Sterling pound Australian dollar 2.2859 1.0487 2.3420 1.0817 Canadian dollar NZ dollar 1.0141 0.9623 1.0373 0.9952 1.6191 Singapore dollars to 100 units of foreign currency 11.3955 3.8996 20.8909 11.9062 4.0481 21.8320 Austrian schilling
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    • 114 15 Contract date: June 13, 1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE us$ 5'/'f 5' 5'« 5'. 5’.. 4'.17/6/97 A$ 4 1! /f 4'-. 4 4'. 4'» 4‘. 17/6/9' NZS 5 V:. 67,, 6/„ 67:s 67,« 57,« 17/6/97 STG 5-V,<
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    • 454 15 June *****7 HKS ASM Pacific 5 15 0 050 Allied Ind Int i 3 42 0 05 Allied Oversea 0 79 0 01 Asia Sec Int 4 42 0 70 Bank of EA 28 25 010 C P Pokphand 2 46 0 02 CDl Hotel 3 40 unch Cate
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    • 852 15 Abtrust Fund Mgr* Ab*r US tSporeGrFd 0 992-1 043" Americanlml Assur AJA ’Jort L inked F und 1 04». 105* AXAUft f ytre ss E un 1 0 996* Citicorp Invt Bank C'ti Global Bond f j 1.048-1 058 C»t« Ava infrastructure F d 09-i 14" C«t Japan
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    • 9103 16 INDUSTRIAL AND COMMERCIAL Transaction Date: June 13,1997 1997 Curr Last Vol Day Gr's Net M Cap Wt Avg High LOW Company Traded Sale •for000 High Low Div PE Smil Price ASE NTS 10 200 US 885 885 ASF US1C 100 US 885 88 5 203 155 Acer
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    • 439 18  -  By Narendra Aggarwal SINGAPORE’S vital electronics industry has grown for the first time* in six months helping the manufacturing sector to record a marginal expansion. The electronics sector's output grew 3.1 per cent in April year on-year, after experiencing falling output every month since
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    • 352 18 PHILIPS Consumer Communications (PCC) has beefed up its telecommunications manufacturing operations here with a new US$30 million <S$42.5 million) plant in Toa Payoh. The company, a unit of Dutch electronics giant Philips. intends to bring its total investment in its telecommunications operations here to between US$90
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    • 205 18 THE Singapore Federation of Chambers of Commerce and In(SFCCI) will appoint a full-time secretary-general next month, ending the current twoyearly rotation of the post among its five constituent members. Mr Abdul Aziz bin Mahmood, a diplomat who retired from the Ministry of Foreign Affairs
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    • 656 18  -  By Ravi Velloor THE New York Cotton Exchange (NYCE) has deferred its planned launch of the first-ever Singapore-dollar futures contract after the Monetary Authority of Singapore (MAS) voiced concern to US regulators over the unwelcome internationalisation of the currency. However, the NYCE
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    • 205 18 NTUC FairPrice chief executive officer Lim Ho Seng has resigned and his deputy, Mr Tan Kian Chew, has been appointed acting CEO. The NTUC FairPrice board said last Friday that Mr Lim had asked for early retirement “to pursue other business interests” and
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  • Page 19 Advertisements
    • 822 19 t\i w 1' Management Trainee I Securities As an established stockbroking firm committed to the provision of quality stock and share broking services, we are able to offer you a challenging career. We would like to invite suitably qualified applicants to apply for the following position: Requirements: Degree holder (Commerce
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  • Page 20 Advertisements
    • 930 20 Think Circles... Think International... THINK SONY A global mindset and a keen understanding ot widely differing cultures... these factors distinguish Sony from its competitors. From humble beginnings, Sony has grown to become a corporate giant through the utmost dedication and commitment of its work force. It has redefined excellence through
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  • FORUM
    • 478 21 I AM perturbed by the recent craze over the Tamagotch, the electronic pet which appears to have quite a number of Singaporeans hooked. The only concern expressed by parents and critics has been that student “pet owners’’ are neglecting
      ADAM LEE  -  478 words
    • 222 21 RUSH TO GET MARRIED THE picture on the front page of The Sunday Times (June 8) of a long queue of young couples presented a sorry sight. Who in the world would have guessed that these were young couples queueing to get married? A more
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    • 493 21 I REFER to the debate between Associate Professor Goh Lee Gan and Mr Richard Lim on whether doctors should be saints or shopkeepers. Perhaps we have been presented with a false dilemma. Doctors should aim to excel as doctors. We
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    • 340 21 SPEEDING I AM surprised that an experienced motorist such as Mr Lee Chiu San should say that no one can prove that speed will cause fatalities on our roads (ST, June 6). To compare our expressways with the German autobahns is like comparing
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  • Page 21 Advertisements
    • 123 21 Dear Readers, THE Straits Times welcomes letters from you. Your letters must include your signature, full name, address and home and office telephone numbers. We do not accept for publication letters from writers who decline to give their names. This rule will be waived only in very exceptional circumstances, such
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  • 746 22  -  Singapore One promises ‘a whole new way of living’ for all By Thomas Lee FOUR hundred families in Singapore have started checking if computers are really as amazing as they are made out to be. Monday's launch of the Singapore One network
    Picture by AZIZ HUSSIN.  -  746 words
  • 579 22  -  By Chua Mui Hoong m Manila SINGAPORE-PHILIPPINE relations reached new heights on Tuesday with leaders from both countries agreeing to develop a blueprint to foster closer cooperation in future. Prime Minister Goh Chok Tong and President Fidel Ra mos agreed during their meeting here to
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