The Straits Times : Weekly Overseas Edition, 5 July 1997

Total Pages: 24
1 24 The Straits Times : Weekly Overseas Edition
  • 20 1 The Straits Times WEEKLY EDITION SATURDAY, JULY 5, 1997 Price: 551.20 (in Singapore) Elsewhere by subscription only MITA (P) 156/08/96
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  • 695 1 Major changes to get quality personnel to stay in service THE Singapore Armed Forces is making major changes to its compen sation and benefits package for uniformed officers, in an effort to encourage top-quality personnel to remain in service. Most radical is
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  • 249 1 YOU have seen the Karate Kid. Now meet the Wushu Wonderboy. Little Shi Xiao Bao is not yet four but he is already rated one of the most promising wushu students in his martial arts school in China. He and many other wushu experts from Singapore,
    Picture by STEVEN LEE.  -  249 words
  • 425 1  -  By Jasbir Singh A SINGAPOREAN died and seven others were injured seriously after the van they were travelling in hit an on-coming trailer on a highway outside Brisbane in Queensland. Australia. The dead man. Mr Jeffrey Soh. 27, was in the van with
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  • NEWS FOCUS
    • 551 2  -  By Raoul le Blond MORE parents are turning to the Juvenile Court and saying they cannot control their teenaged daughters. Since 1991, the number of girls admitted to homes or placed under supervision because they have gone beyond their parents’ control has
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    • 488 2  -  -By Raoul Le Blond. PARENTS anxious to give their sons a dose of discipline are turning to Boys’ Town for help. Just half a year has passed and already the number of boys admitted to the home for youth from poor
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    • 321 2 1 wasn’t angry with them for putting me here. I knew it was my own fault.’ RITA (not her real name), 16, remembers the day well, when she was committed to the Toa Payoh Girls’ Home. It was in April last year
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    • 578 3  -  By Lea Wee THE free entertainment fort nightly. IS Magazine, failed to get its publication permit renewed when it expired on .June 12. The reason: The Ministry of Information and the Arts (Mita) found that the magazine had flouted
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    • 643 3  -  Changing lifestyles, growing affluence may explain trend Reports by Pearl Lee ALCOHOLISM may be on the rise among women here. Though psychiatrists and psychologists say that only a few are seeking treatment, that number is growing. The National University Hospital’s department of psychological medicine
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    • 449 3 I’VE always been a good drinker, and it started the K usual way. with a can of |H| beer in my teens, and goim> to pubs when I started working. It became a problem about 10 years ago, when my father, also a
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    • 457 3 Battered wife makes victim impact statement THE first victim impact statement was presented to a court here on Monday, to let a battered wife describe the physical and emotional hurt she suffered at her husband’s hands. He slapped and punched her
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  • HOME
    • 544 4  -  SAF military exercise accident in New Zealand By Dominic Nathan THE explosion during a military exercise in New Zealand in March which killed two servicemen and injured 12 others was probably caused by a faulty fuze, said an independent Committee of Inquiry. The fuze
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    • 526 4 NSmen’s in-camp training periods valuable to nation DEPUTY Prime Minister Tony Tan on Tuesday impressed on the Singapore Armed Forces' 250.000 citizen soldiers how valuable their annual in-camp training periods are to the country. Dr Tan. who is also Defence Minister, delivered this
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    • 301 4 The ground-based air defence weapon systems are integrated with our fighter aircraft to form a formidable air defence umbrella which will help to safeguard our sovereignty and territorial integrity.’ Deputy Prime Minister Tony Tan. SINGAPORE’S air defence now has additional weaponry which is
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    • 480 5  -  By Pang GekChoo A DAY after he returned from back-to-back trips abroad, Prime Minister Goh Chok Tong stressed again the need for Singaporeans to change their old mindset. He first made this call in Parliament on June 5. Two days before that, at
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    • NUH Inaugural Scientific Meeting
      • 427 5  -  By Allison Lim A NEW class of drugs is making it safer for high-risk heart patients to go for heart operations. These “super’’ aspirins make operations on coronary arteries safer for high-risk patients, who are likely to have a heart attack,
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      • 303 5 A young Czech doctor and a Singaporean research fellow, both at the National University of Singapore, won awards last Saturday at the NUH Inaugural Annual Scientific Meeting. At the same event, Senior Minister of State (Health and Education) Aline Wong explained why asset>rich senior citizens
        Pictures by SIM CHI YIN.  -  303 words
      • 221 5 THERE are two common types of dust mites here, not one, that cause cause allergic reactions such as asthma. And the man who found that out is Mr Chew Fook Tin, 27, a research fellow with the National University of Singapore. Working on a
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    • 480 6  -  1,200 Singaporeans and foreigners join in HK handover joy By Choo Li Meng MORE than 400 Singaporeans, most of them government officials, businessmen and socialites, toasted the setting up of the Special Administrative Region at a gala event held in Singapore on Monday night
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    • 234 6 THE Chief of Navy. Rear Ad miral Richard Lini. has been promoted to a two-star Rear Admiral. He heads the list of 684 Sin gapore Armed Forces officers promoted this year There are also five new brigadier-generals Deputy Prime Minister and Defence Minister
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    • 285 6 Festival of Asian Performing Arts ’97 THE Festival Of Asian Performing Arts (Fapa), which ended last Friday, was the third and also the last in the series. It will be merged with the international Festival Of Arts which will go yearly from 1999. But
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    • 498 6 TWO young women went to a fortune-teller to ask what the future held for them. If only they could have known what lav flhcfld Ong Huat Kok. 34. told them that tnev needed protection from an*evil spirit, and then molested both of them. On Wednesday,
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    • 622 7  -  Insurance company tells owner that car is ‘beyond economical repair’, and workshop tells him that fixing it would take four months Three weeks after owner accepts the insurers compensation, another workshop buys the wreck, repairs and sells it By Leong Chan Teik A SECOND motorist has
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    • 431 8  -  By David Miller THE number of robberies com mitted in private estates has risen sharply this year. Thirty-three hold-ups were reported between Jan 1 and last Thursday. For the whole of last year, only 17 such cases were reported. In 1995 and 1994. there
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    • 522 8  -  By Rav Dhaliwal THE fourth Great Singapore Sale took off last Friday in a burst of pyrotechnics, with the opening of a two-dav bazaar offering bargains from electronics goods and electrical appliances to fashionwear and tidbits. Its 40 booths were decked out in
      Picture by SIM CHI YIN.  -  522 words



  • Page 7 Advertisements
    • 201 7 >* GAIN A STRATEGIC UNDERSTANDING OF THE ASIA PACIFIC REGION I Leeds was rated 7th in research power amongst the UK's top universities in the recent Research Assessment Exercise of the UK's 191 institutions. The Master of Arts in Asia Pacific Studies taught in Singapore, made available to the region
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    • 174 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
    • 357 9  -  ATHLETICS By Hakikat Rai JAMES WONG’S preparations for the South-east Asia Games are smack on target. The 28-year-old Singaporean equalled his national hammer record when he threw the iron ball 56.68 metres at a meet in Berlin last week. He had set the Singapore mark en
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    • 777 9  -  Eight locally-trained ones among nine Sea Games qualifiers SWIMMING By Santokh Singh EIGHT of the Republic’s nine qualifiers for October’s Jakar ta South-east Asia Games after the selection time trials at the Singapore Swimming Club last week were trained locally. Sng Ju Wei, one
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    • 385 9 Seah quits JCC but SGA to look into case of false-handicap declaration They reported the matter to JCC. which investigated the complaint. According to sources, both the disciplinary committee and the general committee discussed the issue. In a statement to Timesport on Tuesday. JCC said that
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    • 382 9  -  GOLF By S. Murali TOP golfers from Asia and Australia will get the chance to lock horns in the prestigious US$5OO,OOO (*****.000) Asia Pa cific Ericsson Masters from Sept 11-14 at the Bintan Lagoon Golf and Beach Resort It will be the only time
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  • MALAYSIA
    • 542 10 ‘Dehumanising’ life at govt rehab centres cited as a reason for high relapse rate KUALA LUMPUR Despite billions of ringgit spent on preventing and curing drug addiction, the situation remains critical, with an average of 49 new addicts detected daily, reported the New
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    • 360 10 Bemama SHAH ALAM Three worn en. who were fined on Tuesday for being indecently dressed during the Miss Malaysia Petite oeauty contest last month, on Wednesdav failed in the Syariah High Court here to have another charge against them dropped Fahvu Hanim Ahmad. 18.
      Bemama; Utusan Malaysia picture.  -  360 words
    • 408 10 Not prepared for progress: Megat NST. KULIM The Malay and Indian communities, unlike the Chinese, were less able to cope with the culture shock that had come with Malaysia’s rapid economic progress, said Umno Supreme Council member Datuk Megat Junid Megat Ayob. “To
      NST.  -  408 words

  • SOUTH-EAST ASIA
    • 613 11  -  Positive reaction from the Thai stock market ?y Edward Tang Thailand Correspondent BANGKOK Thailand on Wednesday took a bold step to cure its ailing economy by floating the baht in a surprise move regarded by analysts as a de facto devaluation of the currency. The
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    • 274 11 BANGKOK The chief architect and engineer responsible for the unlawful renovation that led to the collapse of the Royal Plaza Hotel and the death of 137 people has received a 20-year sentence. Bampen Phanrat-issara and five other hotel executive board
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    • 218 11 BANGKOK Thai researchers have developed the first packaged food for elephants, and it has passed the elephants’ taste test. According to the director of Bangkok's Dusit Zoo, Mr Alongkom Mahanop, the food resembles a large tablet, more than 7 cm
      MIEL  -  218 words
    • 412 11  -  Electricity scheme to plug into regional projects By Nirmal Ghosh Philippines Correspondent MANILA Asean officials and ministers from the energy and industry sectors agreed on Wednesday that they would study the possibility of setting up a region-wide electrical grid ana natural-gas pipeline.
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    • 140 11  -  By Derwin Pereira in Jakarta INDONESIAN legislators are calling for firm measures to curb smoking in the country including expanding nosmoking areas, banning cigarette advertisements and restricting licences for new cigarette factories. A report in The Indonesia Times on Wednesday said that
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  • COMMENT/Pick of the week’s editorials
    • 712 12 JULY 5 1997 THAILAND’S de facto devaluation of the baht is like a steroid shot to revive an ailing economy Now that the Bank of Thailand has finally opted for bitter medi cine, the hope is that it works What else can a beleaguered government
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    • 725 12 JULY 2 1997 HONGKONG Chief Executive Tung Chee Hwa's policy speech yesterday underscored his man date, which is to ensure that the Special Administrative Region (SAR> of China continues to prosper He emphasised the need to let Hongkong largely run itself in a new era whose
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    • 678 12 JUNE 30 199 7 THE spate of violent robberies over the past few months cannot but make Singaporeans wonder how well protected they are. The break-ins. which have occurred in private estates in well-to-do areas of town, are marked by certain similarities that make them
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    • 917 12  -  By Chua Lee Hoong PRIME Minister Goh Chok Tong has done it again turned conventional wisdom on its head with the surprisingly bold vi sion he spelt out in his parliamentary address last month. As a colleague noted two weeks ago, the
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  • COMMENT/ANALYSIS
    • 1141 13  -  My View CHERIAN GEORGE Singaporeans did not make this little country great by pondering over words. They have no penchant for philosophy, little patience with visions. Almost to a fault, they believe in action, and prize results over rhetoric. It is no wonder, therefore,
      LUDWIG ILIO  -  1,141 words
    • 888 13  -  By Asad Latif RELATIONS betweeen Singapore and Malaysia are turning into a saga of apologies. When Senior Minister Lee Kuan Yew apologised in March for his remarks on Johor's crime situation. Malaysian leaders and politicians did not see it as going
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  • INSIGHT A LOOK AT THE ISSUES OF THE DAY BY THE STRAITS TIMES POLITICAL DESK
    • 1956 14 Singapore has half the water it needs, right here on the island. What is the best way to get the other half? So far, the Republic has relied on its neighbour, whose own demands on its water supply are increasing. Can
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    • 1136 15 Prime Minister Goh Chok Tong called on Singaporeans recently to help shape their communities, and not leave this job to their leaders alone. But Senior Minister of State for Education Peter Chen thinks Singaporeans should first speak up, while the Government
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    • 1191 15  -  Thinking aloud Asad Latif ONCE, rulers managed peasants by controlling the supply of water for irrigation. That strategy gave rise to hydraulic civilisations. At a gathering two months ago, a distinguished scholar drew an analogy between those civilisations and the Govern
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  • MONEY
    • 476 16 Weekly share market review INVESTORS can look forward to a better trading month ahead, dealers said. Among positive developments. they cited the US Federal Reserve’s decision to leave unchanged a key US interest rate. The Fed had held a series of scheduled meetings
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    • 79 16 ST Industrials Index The Straits Times Industrials Index rose 11.57 points on the week to 1985.94. DAY CLOSE TURNOVER Monday 1987.95 (+13.58) 71.085 ($245.798m) Tuesday 1981.28 6.67) 56.988 ($162.788m) Wednesday 1968.91 (-12.37) 69.671 ($176.151m) Thursday 1962.40 6.51) 78.849 ($200.44 lm) Friday 1985.94 (+23.54) 137.722 ($324.071m) BT— MGA
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    • 1275 16 Company Oat* aiwi Not earn TY LV (Sml ($m> IPS TY LY (eta) (cts) AS Auto Jun 16 P ***** 7.488 12.0 9.0 Alt! Hicjqs Jun 18 P 3836 2.534 12.8 8.45 ANA Hotfll May IS F 3.859 3.794 8.05 7.91 Ant Pacific Jun 13 1 ***** 43.232
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    • 448 16 Payment (%> Ex date If Pay date Alex Hldgs 5(X b 6 Sep IS Sep 24 Oct 8 ANA Hotel» F 2 Jun 19 Jun 25 Jul 11 AS Auto b 1STE Sep 9 Sep 15 Sep 29 Apollo F 2.5 Jun Jul 7 Jul 22 Armstrong IOC
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    • 1117 16 Payment b date II P»V date Met Sen Hup 20C b 10TE Aug 29 Sep 4 Sap 17 Haw Par b 11 JunlO Jun 16 Jun 30 Hex ta Corp 50C b t Sep 11 Sep 17 Oct 10 HiUchl Z 2« E 5 Sep 24 Sep 30
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    • 471 16 RIGHTS ISSUE Company Ratio Ex- Books Acc t data close Paymt E Resources One-for-two 9 $1.30 Jun 10 Jun 16 Jul 7 H Leong Cred One-for-ten 9 M$6 90 Jun 17 Jun 23 NYA Mulpha OUB Ona-for-lour 9 MSI.60 Jun 17 Jun 23 NYA One-for-five 9 $4.00 Jun
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    • 53 16 Company Rtyitt Isiua AISB Three-tor-tlve 9 MS5.50 Amcol One-for-two 9 $2.05 tPC Corpn One-tor-tive $0.30 MUI One-tor-two M$l,30 Nippercraft One-tor-tour ®> $0.28 PMI Three-for-two M$t.00 PuD Bk F One-for-ttve M$3.30 Company Bonus Issue Court» One-for-two Kemayen Corp One-tor-tfiree H Royal Two-for-three Malayawata One-tor-two PMI One-tor-tcur Pac Andes One-tor-tour
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    • 470 17 GDP growth this year likely to be 5% to 7% THERIO are strong signs that the current downswing in Singapore's economic growth has bottomed out. says the Monetary’ Authority of Singapore (MAS). It added that the favourable outlook for the world's major economies
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    • 174 17 HOMEGROWN Grandlink Group is embarking on another mega project to build a US$3OO million (***** million) theme park in Qingdao in the east Chinese province of Shandong. The property group had earlier begun work on two massive projects in the coastal city the
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    • 575 17  -  But Sing Tel has slob wiped off capitalisation By Chan Wee Chuan THE market value of all stocks listed on the Stock Exchange of Singapore (SES) eased marginally in the first half of this year despite the current market downturn which wiped
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    • 144 17 COUNTER RATES Singapore dollars to one unit of foreign currency Buying OD Selling US dollar Sterling pound Australian dollar Canadian dollar NZ dollar 1.4209 2.3779 1.0555 1.0265 0.9490 1.4371 2.4361 1.0888 1.0500 0.9815 1.6241 Singapore dollars to 100 units of foreign currency Austrian schilling 11.3333 Belgian franc 3.878b Danish
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    • 114 17 Contract date: July 4, 1997 UNIT ONE MTH 3 MTH 6 MTH 9 MTH 12 MTH CALL VALUE DATE US$ 5' > 5y. 5w 5Vj* 4*/i« 4'2 08/7/97 AS 4'. 4 !1 /k 4V,« 4'/,, 08/7/97 N7S 6 3 6% 6 3 6y, 6 6»/„ 5‘. 08/7/97
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    • 153 17 NINE adjacent freehold bunga lows at Taman Wama. off Holland Road, were put up for collective sale on Wednesday. Market observers expect the site to fetch $929 psf of potential gross built-up area, which would work out to a total sum of nearly $9O million.
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    • 479 17 July 4.1997 HKS ASM Pacific 5 70 *0 250 Allied IndlntT 3 55 •0 03 Allied Oversea 0 77 -001 Asia Sec Int 4 85 -0 08 Bank ol FA 31 80 -0 70 C P Pokphand 2 40 0 10 CDL Hotel 315 •0 10 Cate Oe Coral
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    • 831 17 Aberdeen Asset Mgt Asia ltd Aberdeen S’pore Gr Fund 0968-1 018" American Inti Aaaur AlA Uni» Linked Fund (Spore) 1 040-1 095« A.A Unit Linked Fund (Brunei) 0 950-1 000« AXAUt# fortress Fund 0 991» Citicorp Invt Bank Cit' Oobal Bond Fd 1 067-1 078" Cit' Am infrastructure
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    • 8883 18 INDUSTRIAL AND COMMERCIAL Transaction Date: July 4,1997 1997 Curr Last Vol Day Grs Net M Cap Wt Avg High Low Company Traded Sale Of000 High Low Div PE Smil Pnce ASE NTS 10 200 US 885 885 ASF US1c 100 US 885 885 203 155 Acer 50c
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    • 576 20  -  By Narendra Aggarwal FIVE days to Singapore's long-delayed national Budget, and the business community is hoping aaxiouslv for tax incentives to tackle two pressing issues: rising business costs and increasing competition from neighbouring countries. But the four-month delay has prompted some
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    • 499 20  -  Retrenchment on the rise 3y Douglas Wong WORKERS over the age of 40 made up 62 per cent of those seeking first-time Government assistance to find jobs last year, according to the Ministry of Labour (MOL). In 1995, the'v had accounted for
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    • 269 20 Average monthly gross wage of some private sector jobs Professionals Specialised surgeon $20,398 General surgeon $13,089 Treasury manager $10,038 General Physician $9,257 Economist $8,569 Lawyer $4,194 Accountant $3,992 Journalist $3,518 Electronics engineer $3,215 Computer programmer $2,683 Music instructor $1,918 Teacher of the mentally handicapped
      CHOO BEE YIAN; SOURCE MOL REPORT ON WAGES IN SINGAPORE 1996  -  269 words
    • 377 20 METRO Holdings last Friday beat market forecasts by reporting full-year group net profit of $11.9 million, 11 times the previous year’s $l.l million, due mainly to its retail division which returned to the black. Analysts polled in the July edition of The Estimate
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  • Page 21 Advertisements
    • 742 21 The Straits Times Weekly Edition IP mi Rabobank An organisation of and for people. We are a Triple A Dutch Bank with offshore and merchant banking licences, having a strong presence in Treasury; Corporate Lending, Advisory and Finance; Private Banking; and Trade and Commodity Finance. In support of these activities,
      742 words

  • Page 22 Advertisements
    • 960 22 ÜBS Union Bank of Switzerland Editor In this position with ÜBS Securities, you will be responsible for reviewing research documents and reports written by the research analysts in the region for language, logic and clarity. Your responsibilities include ensuring that the production of research reports conforms to ÜBS standards and
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  • FORUM
    • 619 23 AS A layman, I am often astounded by how often economic forecasts made by think-tanks and well-qualified people with doctorates and wonderful economic models are unable to predict accurately the health of the economy even three months away. The latest, after
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    • 395 23 I REFER to the Ministry of National Development’s recent announcement of plans to illuminate the Selegie/Bugis area with neon lighting (ST Weekly Edition, June 28). I applaud the radical move to revive this form of lighting in the city. I used to regard
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    • 616 23 IN THE latest episode of the TCS programme Talking Point, Kampong Glam was billed as a notorious haunt for drunks, many of whom can be spotted hanging around public areas after nightfall, indulging in alcohol. What disturbs me is the fact that the relevant authorities
      616 words
    • 495 23 I REFER to the letter by the Australian High Commissioner (ST, June 25) and his comment that “Australia has been, and remains, one of the world’s safest and most welcoming nations”. Like many others, I used to love Australia and have even harboured
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  • 580 24  -  Have a bright idea? By Rav Dhaliwal ANYONE with a bright idea for what it takes to make a dream airport can help shape Changi airport’s Terminal 3 and win a prize too. The Civil Aviation Authority of Singapore (CAAS) has taken the unusual step
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  • 589 24  -  They share a common trait all are role models Singapore Youth Awards 3y Raoul le Blond A WORLD silat champion, a millionaire businessman and a teacher who helped Vietnamese farmers obtain small loans. They may not have much in common, but they were among
    . Picture by STEPHANIE YEOW.  -  589 words