Newsgroups: bit.listserv.seasia-l
Date:         Sat, 9 Jan 1993 18:29:15 EST
Comments:     Warning -- original Sender: tag was mulliner@OUVAXA.UCLS.OHIOU.EDU
From:         mulliner@OUVAXA.CATS.OHIOU.EDU
Subject:      SG: NEWS: #19, 5 - 8 Jan 93 (fwd)

                   Ohio University Electronic Communication


   Date:  09-Jan-1993 06:26pm EST

     To:  Southeast Asia Listers               ( _MX%"SEASIA-L@MSU.EDU" )

   From:  Kent Mulliner                              Dept:  Library
          MULLINER                                 Tel No:  614-593-2707

Subject:  SG: NEWS: #19, 5 - 8 Jan 93 (fwd)


Forwarded from Singapore International Foundation (SIFlash) and
Singapore gopher, Technet, with permission.


Singapore Daze
++++++++++++++
A twice weekly bulletin featuring local news snippets from
Singapore Publications.  Issue #19: 5-8 Jan 1993

*************************************************************
1.   All set for China market
2.   Hello, Hello
3.   EDB lends a helping hand
4.   Man set wife ablaze
5.   Why don't we venture abroad
6.   Now you can see it at night
7.   New degree in Communications Studies in NTU
8.   Pump Up The Volume
9.   Jobs Anyone?
10.  Arts for the young
*************************************************************

>ALL SET FOR CHINA MARKET<

(BT 5 Jan)  Keppel Corporation, the Sembawang group, DBS Bank and
United Overseas Bank have formed a new company to tap into the
Chinese vast property market.  All four diversified groups are
equal partners in New Resources (Singapore) Pte Ltd.  He has also
since become adviser to UOB's research division. The company was
set up to "scan property investment opportunities in China.  A
representative office will be opened in Guangzhou next month.
New Resources itself will not invest in China but make
recommendations to its four shareholders on property
opportunities in China.

>HELLO, HELLO<

(BT 5 Jan) Not only does Singapore have the highest ratio of
payphones per person in the world, its charges are also among the
cheapest.  The ratio --- 10 public payphones per 1000 people is
much higher than that in the United States, Japan and the United
Kingdom.  There are 26 000 payphones here, including one
installed at every Housing Board block of flats.  The phone
charge for a 3-minute call here remains 10 cents.

>EDB LENDS A HELPING HAND<

(ST, 6 Jan) Since the International Manpower Division was set up
a year ago, the Economic Development Board has recruited 300
professional and skilled people from overseas to work in
Singapore.  This year the pace of recruitment will be stepped up
with the first recruitment mission to the former Soviet Union in
March.  Career fairs will also be held in North America in
February and October and in United Kingdom in March.  Demand for
design and product development talent in the electronics sector
is expected to remain high this year as with the demand for civil
engineers and architects.





>MAN SET WIFE ABLAZE FOR MONEY<

(TNP 6 Jan) A Singaporean burned his wife alive in a Johor Baru
hotel on New Year's Eve, thinking he could then claim her
$300 000 life insurance policy, taken only five months ago.  The
man, a navy sergeant, owed loansharks in Singapore about $50 000.
The couple had not gone through customary marriage rites.  The
ceremony was scheduled for March.  The man lured his a wife, 23
year-old accounts clerk to the Fortuna Hotel in Johor Baru by
telling her on the pretext that they need to print the wedding
cards.  He made her consume so much whisky till she slumbered
into semi-consciousness.  Later he doused whisky on her and set
her ablaze.  She was burnt beyond recognition.

>WHY WE DON'T VENTURE ABROAD<

(ST, 6 Jan) Responding to SM Lee Kuan Yew's remarks that
"Singapore had become too comfortable at home to risk venturing
abroad", a group of 12 people, a mix of nominated MPs, academics
and community leaders cited many reasons why Singaporeans were
not venturing overseas.  Reasons include
*"lack of market knowledge about the countries..."
*"worry that the children would not fit back into the education
system when they returned"
*"lack of resources, especially small companies" and
*"restrictions in foreign countries that made it difficult to
live and work there"

An economist interviewed felt that the private sector lacked the
managerial and financial means to regionalise without government
backing.  A political scientist suggested that Singaporeans
failed to realise the urgency of developing an external economy
thus they need to be educated, perhaps through a public campaign.

>NOW YOU CAN SEE IT AT NIGHT<

(ST 6 Jan)  A night safari park will be opened early next year
to allow visitors view 1 200 nocturnal animals.  It will be
located next to the zoo and will be opened from 6:30 pm to
midnight.  Visitors will be able to see endangered species like
the one-horned rhinoceros from India and Nepal and the blue sheep
from the Himalayas either by tram or by foot along a 1.3-km-long
walkway.
As the animals roam freely in their enclosures under subtle
lighting, visitors can see them clearly.  The park will be
divided into an east and west loop.

>NEW DEGREE IN COMMUNICATIONS IN NTU<

(ST 6 Jan) From July this year, NTU will be introducing the new
four-year degree course in Communication Studies.  Good A-Level
grades, especially in General Paper, are required for admission.
A hundred vacancies are available.  The course operates on a
semester system, under which students with sufficient funds can
take up relevant subjects in foreign universities to collect
credit in order to fulfil part of their degree requirements.
This course programme is a collaboration between NTU and Cornell
University of the United States.  Outstanding graduates can also
pursue further studies in Cornell.

>PUMP UP THE VOLUME<

(BT 7 Jan)  Singapore's venture capitalists are pumping more
money into the region as they face more competition for local
deals and the new Asian economies offer new opportunities.  An
association has been formed --- Singapore Venture Capital
Association --- to enhance co-operation with venture capital
firms in other countries.  The new association has 10 founding
members: Seavi, Transpac, Ssangyong Cement, Rothschild, Hambrecht
& Quist, Asean Strategic Capital, Walden Management, DBS Venture
Capital, Vertex and CEF Capital.  The Economic Development Board
is giving it its backing to show support for the industry.

Venture capitalists invest in young and high growth potential
companies, taking risks of such investments in the hope of
reaping big profits.

>JOBS ANYONE?<

(BT 5 Jan) Demand for senior executives surged in the last
quarter of 1992 and headhunters say it looks set to stay firm in
this quarter.  According to a managing director of Strategic
Executive Search (SES), demand for senior executives is higher
than middle-level executives "because when times are hard, the
number one man --- the top-level decision-maker -- becomes most
critical."  Many expatriates have also been replaced by local
senior executives.  And technical executives are still in heavy
demand in the electronics, manufacturing and industrial sectors.

>ARTS FOR THE YOUNG<

(ST 8 Jan) About 50 000 students will be exposed to the arts in
ambitious programme starting this year on 6 February.  The three-
part Arts Education Programme (AEP) for primary, secondary and
junior college students  will see 376 music, dance and drama
performances by 18 groups.  The programme will include school
visits to theatres and exhibitions in which students can meet
performers and directors , playwrights or choreographers and
examine props, sets and costumes.  It will run mostly outside
school hours.




Received:  09-Jan-1993 06:29pm
Comments: Gated by NETNEWS@AUVM.AMERICAN.EDU