The Straits Times : Weekly Overseas Edition, 21 June 1997

Total Pages: 22
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, JUNE 21, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
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  • 685 1  -  Education, trade, technology tie-up with Boston first of many By Lee Siew Hua US Correspondent BOSTON The SingaporeBoston business alliance signed on Wednesday is the first of an anticipated network of linkages which will bring the Republic and maior American regions into
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  • 492 1  -  By Allison Lim THE Royal Brothers, Raj and Ashok Kumar, were charged in court on Wednesday with offering at least $1 million as a bribe to the general manger of HL Bank, the Singapore branch of Malaysia’s Hong Leong
    Picture by ALPHONSO CHAN.  -  492 words
  • 145 1 THE People’s Association Dance Company is heading for Paris to perform at Asean’s 30th anniversary celebrations there from June 28 to July 2. It will perform twice in a night of dance, which will also feature performances from six other Asean member states
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  • NEWS FOCUS
    • 721 2  -  Unprecedented use of revisionaiy powers to overturn wrongful conviction By Tan Ooi Boon IN AN unprecedented move, the Chief Justice took action on June 11 to cut the jail sentence of a Myanmar man from two years to about three months after finding that
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    • 505 2  -  By Lim Seng Jin THEY were victims of cheats, so they went to Tanglin police station to seek redress. But they were cheated again by a policeman. Rajamoney Roy Samson, 26, then a police corporal cheated 18 people of more than $37,000
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    • 185 2 A 21 -YEAR-OLD man was knifed to death by a group of men after a staring incident outside a snooker hall in Marina Grove early last Monday morning. According to the police, Mr Chan Kok Heng was stabbed in the neck and
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    • 508 2  -  By Elena Chona and Chang Ai Lien A SENIOR gynaecologist, Dr Dennis Hangchi, 69, was fined $5OO on Wednesday for removing a car phone antenna from a fellow doctor’s Jaguar car and throwing it away. He pleaded guilty to a police summons
      Picture by ALPHONSO CHAN.  -  508 words
    • 323 3 There is no need for me to comment on his clarification. Neither would it be helpful.’ MINISTER for Information and the Arts George Yeo reiterated on Monday his view that Umno Youth chief Ahmad Zahid Hamidi’s request to visit Singapore should
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    • 391 3 BUTTERWORTH Umno Youth was prepared to take follow-up action in efforts to improve Malaysia-Singapore ties if the Republic responded positively, its deputy leader, Datuk Hishamudain Tun Hussein, said here last Sunday. Bernama quoted him as saying: “We have already
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    • 540 3  -  By GinnieTeo THE husband of the Bartley Secondary School teacher who was stabbed to death at home was charged on Thursday with her murder. Cleaning supervisor Kannan Marrie, 36, had told police earlier that he had found his wife dead after he returned
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    • 701 3  -  Judgment on Jumabhoy family squabble By Tan Ooi Boon THE High Court on Wednesday declared invalid the share option which would have allowed former Scotts Holdings chief Rafiq Jumabhoy to become the company's most powerful man. Justice Judith Prakash ruled that while the
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  • HOME
    • 444 4  -  Unusual ruling a result of bitter divorce case By Tan Ooi Boon THE High Court has made an unusual ruling, ordering two lawyers to sell a car which is contested by a couple in a bitter divorce case. The couple had fought over
      ADAM LEE  -  444 words
    • 409 4  -  Break-ins and robberies up in western part of S’pore By Sebastian Tong BREAK-INS and robberies in the western part of Singapore, where the latest spate of Bukit Timah robberies have taken place, appear to be on the rise. But police say they have solved at
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    • 524 5 Fire, so restaurant holds wedding dinners at carpark A PRE-DAWN fire damaged a restaurant in Boon Lay Shopping Complex but failed to snuff out two wedding dinners. Staff at Boon Lay Raja Restaurant put up tents and tables in the carpark facing Block 221, Boon
      Shin Min picture.  -  524 words
    • 292 5 TELEVISION Corporation of Singapore actor Chew Chor Meng was taken to hospital last Sunday after he fell while filming a new Channel 8 series, Immortal Love. He was performing an action scene with a part-time actor at TCS’ Studio Four when he fell Chew,
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    • 482 5  -  By Pearl Lee SECOND-HAND clothes make for first-rate business, as five stores in the Orchard Road area are discovering. While most people would probably squirm at the idea of slipping into someone else’s cast-offs, a growing number are buying into nostalgia literally. Only one
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    • 479 6  -  Teenager jailed for lying to cover up night out with boyfriend By Jasbir Singh A TEENAGE hotel reception ist stayed out all night with a new boyfriend, and then made a police report that she had been raped by an unknown attacker. For making a false
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    • Article, Illustration
      490 6 AN ELDERLY housewife and her daughter have fed. nursed and sterilised more than 300 stray cats over than past 20 years all at their own expense. In fact, Madam Iris Neubronner, 78, and her daughter are so caught up in their crusade against cat abuse that they have set
      Picture by STEPHANIE YEOW.  -  490 words
    • 388 6  -  By Rav Dhaliwal A SINGAPOREAN who became seriously ill after catching malaria in Bintan died in the Singapore General Hospital early last Monday morning. The hospital said Mr Patrick Carroll. 47. a lecturer at a private school, developed complications, including kidney failure and bleeding, arising
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    • 585 7  -  By Karamjit Kaur MORE child abuse cases are being reported but the referrals are coming mainly from hospitals and the police, said the Minister for Community Development, Abdullah Tarmugi. There were 56 reports in the first three months of this year alone,
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    • 323 7  -  By Allison Lim THE Singapore General Hospital has terminated the employment of Dr Maurine Tsakok, who had headed its obstetrics and gynaecology (0 G) department. The termination came into effect on June 13. Dr Tsakok, 57, had been suspended from all duties since June 6.
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    • 643 8  -  By Wong Chee Meng THE seven-month-old squabble over control of The Chinese High appears to be over, after prominent banker Wee Cho Yaw persuaded the two feuding parties to drop their lawsuits against each other. Mr Tan Keong Choon, 78. who chairs one
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  • Page 4 Advertisements
    • 291 4 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-82SX FREE :\\o* ,v \V 4 t* i WJp» ySf^Ssll
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  • Page 7 Advertisements
    • 182 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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  • Page 8 Miscellaneous
    • 1116 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 Market
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  • SPORTS
    • 696 9  -  Do not expect a gold feast from her in October's Sea Games SWIMMING By Shirlynn Ho-Pereira DO NOT expect a gold feast from Joscelin Yeo this Southeast Asia Games in Jakarta. The 18-year-old multi-gold medal winner feels that it is time for her to specialise
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    • 213 9  -  By Joe Dorai SINGAPORE’S Under-16 soccer squad will make a seven match tour of England from Aug 1-16 as part of its preparation for the Lion City Cup and Asian Cup competitions. The Lion City Under-16 competition, involving foreign teams, is scheduled to be held
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    • 551 9 Move prompted by govt’s concern over preparations Bemama. KUALA LUMPUR In the wake of criticism over the lack of publicity for next year’s Commonwealth Games here, the Malaysian Cabinet decided on Wednesday to let Youth and Sports Minister Tan Sri Muhyiddin Yassin assume
      Bemama.  -  551 words
    • 281 9  -  BADMINTON By Thomas Koh ZARINAH ABDULLAH’S comeback attempt is well and truly back on track, as evidenced bv her recent success at the Proton-EON Kuala Lumpur Open badminton championships. The 25-year-old beat Malaysia’s teenage sensation Law Pei Pei 11-9. 11-2 in last Sunday’s final at
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  • COMMENT/Pick of the week’s editorials
    • 651 12 JUNE 20,1997 THE Prime Minister’s remarks on his Thailand visit early this week showed a clear but subtle shift in Singapore’s economic diplomacy. Where before, the country’s leaders spoke in terms of competition as in the region’s burgeoning industrial and service sectors beginning to gain on the
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    • 693 12 JUNE 18 1997 IT FEELS like an age ago when Australia was known as the Lucky Country. Back then, it used to be placed alongside Canada. the Nordic states, Austria and Switzerland as “ideal” countries in which to enjoy a career, raise children and nave a
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    • 679 12 JUNE 14 1997 PRIME Minister Goh Chok Tong’s visit to Manila last week turned the page for a new chapter in Singapore-Philippines relations Symbolically, it was the most significant step taken in the past two years to repair the damage caused by the fracas over the
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    • 769 12  -  By Bob Ng THE headline was catchy, and gave a new twist to that old familiar bug-bear of a problem. Littering. When it comes to litter, do you have a maid mentality?, it asked. The story put you in no doubt what the
      LUDWIG 1110  -  769 words

  • COMMENT/ANALYSIS
    • 1205 13  -  My view RAVI VELOO WHEN one of Singapore’s pre-eminent thinkers delivered a paper called Can Asians Think?, you would have thought he would talk about great thinkers and thinking from Asia, for example, Sun Tzu (Asians thinking about war), Thiruvalluvar or Confucius
      lUDWIGIIIO  -  1,205 words
    • 1012 13  -  By Tan Sai Siong WHEN the Government changed the rules last month and imposed, among other new conditions, a $5,000 deposit on engaged couples signing up to buy a Housing Board flat, one group of Singaporeans cried foul. Another group
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  • INSIGHT
    • 1993 14 Why has thinking become so critical all of a sudden? Does it mean past development was marked by a lack of thinking? Ravi Veloo wrestles with these questions as he looks back at the Seventh International Conference on Thinking, which ended recently. THE brain has
      DARIO NOCME  -  1,993 words
    • 1236 15  -  Thinking aloud Sonny Yap NOW that thinking is the flavour of the month, here’s a thought for the dav: local politics is alive and kicking. Before you say think about this: If you define politics as any activity involving a group of people coming together to
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    • 1350 15 Interview Much has been said about competitiveness by ministers and managers but what does it mean to the average worker? Take machine operator Peh Teck Huat, 39, who was retrenched in 1992 after working for 10 years. Two months
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  • MONEY
    • 414 16 Weekly market review Market players were waiting for leads, any leads. And the trade figures released on Friday seemed like the perfect excuse to play the waiting game, in the hope that robust figures would lift the lethargy weighing down on the Singapore stock
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    • 76 16 ST Industrials Index The Straits Timet Industrials Index rose 18.32 points on the week to 2008.44. DAY CLOSE TURNOVER Monday 1991.08 (+0.96) 133.604 ($297.052m) Tuesday 2004.26 (*13.18) 74.585 ($253.370m) Wednesday 1985.14 (-19.12) 77.413 ($252.834m) Thursday 2002.97 (+17.83) 83.290 ($253.581m) Friday 2008.441+ 5.47) 82.986 ($261.406m) BT—MGA Index The
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    • 1233 16 Nat aarn EPS Data TV LV TV LV Company ann (sw) (tm> (eta) (eta) Avimo May IS I 4401 3.207 441 3.07 ANAHotals May 15 F 3.85* 3.794 8.05 7.91 Attach May 26 F 30.9721 25.300 3.51 7.0 Barqarlntf May 20 F 2.524 4.995 2.43 4.81 Boustaadco May
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    • 374 16 RIGHTS ISSUE Ex- Books Acc Company Ratio Hot* clot» Psymt E Resources One-for-two 4 $1.30 Jun 10 Jun 16 NYA H Loong Crod One-for-ten Ms 6 90 Jun 17 Jun 23 NYA Muipbo One-for-four M 51.60 Jun 17 Jun 23 NYA OUB One-for-flve $4.00 Jun 5 Jun 11
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    • 1200 16 Payment Ca Backs Pay <9k) del* close date Haw Par B It Jun 10 Jun 16 Jun 30 Hong rok 6 2 May 23 May 29 Jun 18 Hotel Prop 6 4 Jull Jul 7 JUI18 ICB r 4 May 30 Jun 5 Jun 17 ICS FT Jul
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    • 238 16 Company Rlghte Hum AiS* Threo-for-flvt M 55.30 Ame ol One-for-two $2.05 IPC Copm One-for-flve 9 $O4O MUI One-for two 9 MsOo Nippercreft One-for-four 9 $0.29 PMI Three-for-two 9 MSI.OO Pub Bk F One-for-flve 9 Ms34o Osprey M One-tor-one 9 $145 Tot Lee Bk One-for-flve 9 $2.00 Company Bonus
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    • 398 16 Payment Cl Book* Pay _________J2SL_ _dete___cleee___dete__ ANA Hotels F 2 Jun 19 Jun 25 Jul 11 Apollo F 2.5 Jul I Jul 7 Jul 22 Armstrong IOC b 5 Jun 30 Jul 4 Jul a Avtmo Grp 20C I 7.5TE Jul 22 Jul 28 Aug 14 A,/Jennings H
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    • 283 17 Bemama. KUALA LUMPUR Dialog Group Bhd subsidiary Dialog MCV Sdn Bhd has signed a letter of intent to carry out a feasibility study on the technical and economic viability of developing a multi-billion ringgit fully integrated petroleum and petrochemical com Elex at Tanjung Pelepas, Joor.
      – Bemama.; 6 CHANDRADAS  -  283 words
    • 638 17  -  By Patrick Tan CHINESE state-owned Tianjin Zhong Xin Pharmaceutical Group Corporation is offering 100 million shares at 68 US cents each for a mainboard berth making it the first red chip to seek a primary listing in Singapore. Twenty million
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    • 143 17 COUNTER RATES Singapore dollars to on# unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar EC unit ***** 2.3129 1.0496 1.0125 0.9597 1.4309 2.3681 1.0823 1.0353 0.9921 1.6319 Singapore dollars to 100 units of foreign currency Austrian schilling 11.4650 Belgianfranc 3.9216
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    • 114 17 Contract date: June 20,1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE uss 5'/,, 5V, 5 v« 5v, 5V,t 47,, 24/6/97 AS N2S 4 V* 4v, 4h 4Vj 4 V;, 4w 24/6/97 6 6‘/l6 6’/, 67,t 6V„ 6V,t 6V,t 5 Vi
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    • 750 17 AbtrustFundMgrs AbtruStSporeGtFd 0979—1 030" American Ind Ai»ur AIA jut linked Fund 1 045—1 101» AXALIfe 'ortressFund C 988* Citicorp kwt Bank Oil Global Bond fd 1 049-1.059" Cih Asia Infrastructure fd 1.09—1 14" Cit'Jaoanfd 1 05—1 05" Credit Lyonnais Inti Ami Mft CL Aj-ePac GrFund 0975-1 025" Cl
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    • 467 17 June 20,1997 HK* ASM Pacific 5 35 -0 050 Allied Ind Int i 3.60 •0 10 Allied Over»* 0 79 0 01 Asia Sec Int 520 Bank of EA 30 00 1 00 C P PoKphand 2 46 002 CDL Hotel 3 45 005 Cafe Oe Coral t 94
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    • 8443 18 INDUSTRlALANDCbMMEßClA^^^^^^^^^^^^^^^TransactionDate^une^OJMT^ 1997 Curr Last Vol Day Gr’s Nat MCapWtAvg High Low Company Traded Sale -for- 'OOO High Low Div% P/E Jmil Price ASE NTSIO 200 US 885 885 ASF USIC 100 US 885 88 5 203 155 Acer 50c US 190 unch 11 190 180 S ON
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    • 691 20  -  By Edward Tang Thailand Correspondent BANGKOK A Singapore consortium has signed an 18billion baht (SSI-billion) jointventure deal to build an industrial park in Thailand, believed to be the largest Singapore corporate investment in tne country. The consortium is led
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    • 164 20 LESS than a year after its launch, about 44,000 babies have been signed up for POSBank’s First Account, with deposits totalling a whopping $5O million. And the achievement is not child’s play, as official statistics show about 50,000 babies are born in Singapore every year.
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    • 484 20  -  Hotel may fetch s2oom By Kalpana Rashiwala THE Royal Brothers have put on sale their Melia at Scotts hotel, and the freehold property, which can be redeveloped into condominiums, is expected to fetch about $2OO million. The sale, which is understood to be handled
      484 words
    • 444 20  -  Software firm will set up ssm Asia-Pacific Data Centre By Joshua Lye AMERICAN computer firm Sun Microsystems will invest US$lOO million (Ssl42 million) in the Asia-Pacific over the next few years, using Singapore as a springboard to drive its regional programme.
      Picture by NG CHEE BENG.  -  444 words





  • Page 21 Advertisements
    • 1066 21 Hie Straits Times W eekly Edition I- '7> illlllljl H S R SmwH jTJ-r mm 11 Ms 'MI ifi'xSSSSi» ¥:>>> mm The Inland Revenue Authority of Singapore is looking for dynamic individual who seeks a rewarding career in taxation. We are looking for a candidate who is self-motivated and service-oriented
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  • Page 22 Advertisements
    • 1043 22 EDB INVESTMENTS EDB Investments Pte Ltd (EDBI), a wholly owned subsidiary of the Economic Development Board (EDB), is responsible for strategic equity investments on behalf of EDB in a wide range ofprojects inside and outside Singapore in support of EDB’s thrust to build World Class Industry Clusters and Companies. EDBI
      1,043 words

  • FORUM
    • 417 23 Think... what makes a Tiger Woods (right) or property tycoon Li Ka Shing? LATELY there have been many lectures and discussions on thinking. But is thinking alone going to bring economic prosperity to Singapore? I do not thing so. Teaching the tools of thinking is important, but
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    • 461 23 LAST weekend’s discussion in your paper on whether Asians can think overlooked two Soints. Firstly, what was it lat made possible the era of European colonisation of America, Asia and Africa? It was, simply, wealth and the desire for more
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    • 298 23 I REFER to your editorial “Justice should remain human” (Sunday Times, June 1). We wish to reassure your readers that the Subordinate Courts accept fully the paramount importance of human judgment in dispensing justice. Artificial intelligence systems and computers cannot replace judges and in
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    • 145 23 THE report “Bangladeshi workers conned into paying thousands to work here” (ST, June 8) should stir the conscience of Singaporeans concerned with social justice. These workers make an important economic contribution. It would not have been possible to achieve so much in
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    • 203 23 I AM a retiree who considers a car a necessaiy tool of trade as I still hold a part-time job in Jurong. If I were to use public transport to get to my workplace, it would take me an hour ana a half instead of
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    • 132 23 I REFER to the letters by Mr Chang Yuh Kang and Mr Denis Distant (ST, June 14 and June 19). The two fundamental principles of car policy in Singapore are: Cars are not essential. Cars should be priced so that 90 per cent of the population
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  • Page 23 Advertisements
    • 123 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, such
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  • 757 24  -  By Chua Mui Hoong in Bangkok HE CAME, he saw and he left on an upbeat note. Prime Minister Goh Chok Tong expressed confidence in the long-term economic prospects for the troubled Thai economy on Wednesday after a three-day official visit. He said
    Reuter picture.  -  757 words
  • 740 24  -  Alliance promises more routes and seamless travel By Rav Dhaliwal in Melbourne SINGAPORE Airlines signed a memorandum of understanding yesterday to draw up a commercial alliance with Air New Zealand and two Ansett earners a tie-up that promises passengers a wider choice
    740 words