The Business Times, 2 October 1998

Total Pages: 38
1 38 The Business Times
  • 13 1 MITA(P) ll(V12/97 85c THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, OCTOBER 2, 1998
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  • 32 1 nSMtt M 3MjM (-14.61) nmromp mMmm miod PJ®JM^toijibs STOCK MARKET DiDICES KLSEOOMP 367W 588 macs njt?.n mn HANOSKNO rlwi "T 1 SET INDEX JM.47 «t« JAKARTA OOMP_J7187 A* —tg7i2 CJJ
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  • 69 1 rOSEZ SATES us* a ten Z SJzriiJr i "$01 tm .(.444 HKS 7,74»| BAIfT SM» MM ?i RLTUSs£$2g 1MW_ WW* '—mm* •Sfmmmm SINGAPORE* 1.9J KLiALA LUMPUR 11.M J JAKARTA 28.00 1 BANGKOK 14.71 MANILA AM HONGKONG i©.26 nr *i f,' {r\y *■"'i •"SYDNEY 8.46 J TOKYO.. 1M >14* Ij
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  • 938 1 Bellwether US 30-year Treasury bond yields hit record low Bloomberg [LONDON] Reflecting fears of recessionary conditions spreading around the world, yields on bonds haVe fallen to new lows, led by the beUwether US 30-year Treasury which has breached the 5 per
    Bloomberg; Source: Bloomberg  -  938 words
  • 399 1 Reuters [WASHINGTON] The International Monetary Fund (IMF) has slashed its growth forecast for China to 5.5 per cent for 1996, far short of the government's economic target of 8 per cent, and warned that the slowdown could drag on. Despite Asia's year-old
    Reuters  -  399 words
  • 285 1  -  Teh Hooi Ling [SINGAPORE] There may be no such thing as a free lunch but for less than $1, you can now get a handphone. The older or basic, no-frills models, that is. What you need is 95 cents, a coupon from Adpost, the
    285 words
  • 278 1  -  Dow down 151 points to 7,691 atlpmEDT From', Neil Behrmann in London THE sense of crisis closed in on European bourses yesterday, with markets plunging by up to IS per cent as investors fled equities for the relative safety of bonds. In London, screens in the
    Source: Bloomberg  -  278 words
  • 463 1  -  There will be several layers of security for noteholders By, Ang Wan May [SINGAPORE] Ng Teng Fong's Orchard Parade Holdings has roped in govern-ment-owned Pidemco Land to guarantee a $90 mUlion note issue in an unusual deal that comes with
    463 words
  • 81 1 [SINGAPORE] This is probably what many stock market investdts would U&e the shape qf the Straits Times Index to be. But porry to say, this encouraging "trendline" is, Just the noon day sim reflected off a metal trimming on to the facade of Ocean Building
    HEW YAW HOONG  -  81 words
  • Page 1 Advertisements
    • 135 1 UfgODE DarMte Japan has invited Singapore to be a donor 1 in a new US$3O billion 1 aid programme for crisisv hit South-east Asian 1 economies, Pg 3 Jp c' v; >- Indonesian President B J Habibie wants troubled banks to repay liquidity credits In cash within a pI year,
      135 words
    • 8 1 More reports on World Economic Outlook, Pg 4
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    • 24 1 IMF urge* world's central banks to ease up, Pg 4 Credit cranoh may cause Fed to cut rates again, Pg 4 Market lip Ml*
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    • 173 1 EYE ON HEDGE FUNDS Bailout not a new poticy to protect fund investors: Fed, Pg 16 r Blame lack of OTC derivative transparency: CFTC chief, Pgie. Bankers trust said to have USslb hedge Kind exposure, Pg 16 j Invented for you TL TVpe XX Aeronamue chronograph has a doubly prestigious
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  • SINGAPORE AT HOME & ABROAD
    • 368 2  -  Mm expected after it made provisions in Ang for Mayfair, first sold in 1997 By Diana Oon KEPPEL Land has cut prices in its Mayfair development by about one-third to an average of $410 per sq ft. The
      368 words
    • 450 2  -  LETTERS TO THE EDITOR Ng Toh Lam I AGREE with the points raised by Oh Soh Beng in his letter "Let market forces dictate property prices", published in BT on Sept 24. With the benefit of hindsight, I would rather live with higher prices
      450 words
    • 273 2  -  Ong Mei Lin I AGREE with your reader (Oh Soh Beng, "Let market forces dictate property prices", BT Sept 24) that our government needs to take more action to revive (as opposed to support) our ailing property market. To take an analogy: If a patient
      273 words
    • 580 2 It win also reduce overall costs by 15-20%, he says The Straits Times {SANTIAGO] The Singapore government is likely to cut the employers' Central Provident Fund contribution rate by 5 to 10 per cent, Prime Minister Goh Chok Tong
      The Straits Times  -  580 words
    • 500 2  -  Largest quarterly declines since IM6; CBD hardest hit By David Boey AVERAGE office rental and capital values have racked up their biggest quarterly declines since the peak of the property boom in 1996, real estate consultants Jones Lang Wootton
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    • 291 2  -  By Annette Pau NELCO Products Pte Ltd yesterday announced it would invest another $15 million in its plant in Gul Crescent, bringing its total investment here to $60 million. Its latest investment is an advanced lamination and resin system with an automated assembly line
      291 words
    • 328 2  -  BYE ON THE ECONOMY Outlook By. Audrey Tan SEPTEMBER is likely to be a bad month for Singapore's manufacturing sector, says Fraser-AMMB Research. In its "Daily Review" published yesterday, Fraser says growth of Singapore's non-oil domestic exports is unlikely to match August's 5 per cent
      Source: Ministry of trade  -  328 words
    • 380 2 Reuters [KUALA LUMPUR] Malaysia said yesterday that Singapore aircraft and vessels had entered Malaysian territory without permission at least seven times in two weeks. "According to our records there has been quite a number of violations, but we have taken It through
      Reuters  -  380 words
    • 60 2 Hove Over it's all fine [SINGAPORE] Bargain-hunters practically wiped Tangs Studio dean on iheflrst day qfits "The Move Over!" sale yesterday. The store, occupying two floors at NgeeAnn City, will soon dose after five years (flosses and re-open as a chthing corner in the group's flagship CK Tang store and
      SIEW YAW HOONG  -  60 words
    • 159 2 THE Business Software Alliance (BSA), a watchdog body for the computer software industry, yesterday applauded Singapore's accession last week to the Berne Convention for the Protection of Literary and Artistic Works. Effective Dec 21, the convention ensures that all works first published in Singapore,
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    • 540 3  -  Target of 500 engineers, other professionals under expanded EDB scheme Reports from Ronnie Lim in Tokyo SINGAPORE is setting aside $50 million to train 500 engineers and other professionals in the next two to three years to ensure that there is a ready
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    • 249 3 TWENTY member companies of the Singapore Confederation of Industries (SCI) have signed up to take part in a trial of the new Business Information Service (BIS) at the National Library. The trial Is open to only 150 of SCl's 1,300 members and
      SIEW YAW HOONG  -  249 words
    • 379 3 BO Lee says matter was broached by the foreign minister JAPAN has invited Singapore to be a donor In a new US$3O billion (5550.7 biUion) aid programme for crisis-hit South-east Asian economies. The matter was broached by Japanese Finance
      379 words
    • 278 3  -  By\ Soh Tiang Keng BRITISH Insurer Guardian Royal Exchange is beefing up the role of Its Singapore office as its Asia-Pacific nerve centre. It has set up a new company In Singapore—the Guardian Royal Exchange (Asia Pacific) to carry out the business of
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  • Page 3 Advertisements
    • 39 3 "My-fricnds were all ears when I fold them about Fandi Ahmad's class of '74 reunion, Ang Peng Siong's swim camp and badminton lessons given by 1989 World Grand Prix Champion Zhang Qjngwu." Abdul Rah, m avid sports fan ICATA
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    • 10 3 Tokyo aid won't be enough to lift economies, Pg 6
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  • ASIA'S ECONOMIC SLUMP
    • 589 4 T&nk&n survey shows credit crunch tightening, firms catting back AFP [TOKYO] Japan's central bank said yesterday that business confidence in the world's second largest economy had tumbled to its worst level in four years, driving Tokyo's stock market down to new lows. In the
      AFP; REUTERS  -  589 words
    • 403 4 Reuters [WASHINGTON] The threat of a credit crunch that could stifle US economic growth for years to come is a major reason many analysts believe the Federal Reserve's interest rate cut this week won't be its last Credit is the lifeblood
      Reuters  -  403 words
    • 88 4 B ANGKOR] A woman walking past a Mercedes car put on display in front of Thailand's Citibank headquarters on Wednesday as part of a promotion to attract more credit-card members. Each new Citibank credit-card member will be entered in a lucky ama> to
      AFP  -  88 words
    • 492 4  -  Traders see further weakness, especially against mark By\ Larry Wee [SINGAPORE] The Japanese currency took it on the chin, and Tokyo's key Nikkei stock index closed at its lowest in more than 12 years yesterday, as Japanese companies registered their lowest level of
      Source: Reuters  -  492 words
    • 435 4 Mrs would eoomomic outlook Bat good chance of a turnaround starting next year Reuters [WASHINGTON] The International Monetary Fund on Wednesday forecast steep falls in output in Thailand, Indonesia and South Korea this year, but said there was a good chance
      Reuters  -  435 words
    • 343 4 Bloomberg [WASHINGTON] The International Monetary Fund (IMF) has called on "90 per cent" of the world's central banks to reduce interest rates to head off a global recession, noting that the US Federal Reserve is likely to cut interest rates further
      Bloomberg  -  343 words
    • 225 4 Reuters [WASHINGTON] The International Monetary Fund (IMF) warned on Wednesday that the current panic among investors may not subside soon and capital flows to Latin* American and other emerging markets may suffer a prolonged disruption. The fUnd said developing nations must reduce their vulnerability
      Reuters  -  225 words
    • 210 4  -  By: R Sivanithy [SINGAPORE] Any optimism over the recent US interest rate cut was quickly extinguished yesterday, following an almost 3 per cent overnight drop on Wall Street and a collapse in Japanese equities to a 12-year low. All regional markets ended
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  • Page 4 Advertisements

  • THE ANWAR SAGA
    • 438 5 State secretary says Habibie rethinking visit to lTsia bat ties still good Reuters [JAKARTA] A senior Indonesian minister yesterday expressed regret over the reported beating of sacked Malaysian .deputy leader Anwar Ibrahim, the latest sign of a cooling in relations between the two
      Reuters; AFP  -  438 words
    • 300 5 Reuters, Bridge News, Bernama Reuters Bernama [KUALA LUMPUR] The wife of sacked Malaysian deputy prime minister Anwar Ibrahim said yesterday she was being harassed by police. And in a dramatic twist of events, Anwar's political secretary, Mohamad Ezam Mohd Nor, has accused Malaysia's Inspector-General of
      Reuters, Bridge News, Bernama; Reuters; Bernama  -  300 words
    • 360 5 He threatens to boycott KL summit bat official plays down remarks AFP [MANILA] Philippine President Joseph Estrada yesterday threatened to boycott next month's Asia-Pacific Economic Cooperation (Apec) summit in Malaysia, citing the treatment meted out to jailed former deputy premier Anwar Ibrahim. Mr Estrada
      AFP  -  360 words
    • 211 5 Bernama [BANGI] A minister said yesterday that Prime Minister Mahathir Mohamad was in tears when briefing several Umno leaders on his sacking of Anwar Ibrahim. Rural Development Minis- v ter Artnuar Musa said this showed that Dr Mahathir loved Anwar and was sad
      Bernama  -  211 words
    • 161 5 Bernama [KUALA LUMPUR] Munawar Ahmad Anees, jailed six months after pleading guilty to an act of gross indecency by allowing Anwar Ibrahim to sodomise him, does not wish to pursue the appeal against the Sept 19 judgement. Counsel Mohd Yacob Karim said Munawar had sent a letter
      Bernama  -  161 words
  • Page 5 Advertisements
    • 240 5 To take your mind off work after a rough week in the office, you need something that'll help you B B B recharge for the week ahead. So we're bringing back Jay Leno, one of the most popular talk show hosts B JSKW K9 I B n the US. But
      240 words

  • REGION
    • 582 6 JAKARTA Assets no longer acceptable due to discrepancies in value estimates AFP Bloomberg INDONESIAN President BJ Habibie wants troubled banks to repay liquidity credits in cash within a year, instead of a drawn-out handover which could include assets,
      AFP; Bloomberg  -  582 words
    • 373 6 KUALA LUMPUR Mm could result in a. less efficient economy: economist AFP THE Malaysian ringgit became non-convertible overseas yesterday as part of sweeping exchange controls designed to insulate the economy from foreign pressure. The move leaves the Malaysian unit similar to other currencies such as
      AFP  -  373 words
    • 219 6 BANGKOK Heis4tkpditieiaß te resign over graft charges in 3 weeks AFP A NEW corruption scandal rocked Thai politics yesterday, forcing Deputy Agriculture Minister Wirat Rattanaset to resign amid allegations of corruption. The Chart Thai Party minister stepped down to clear the way for
      AFP  -  219 words
    • 368 6 JAKARTA Reuters JAPAN'S proposed US$3O billion (5550.7 billion) financial aid for South-east Asia is a welcome boost for the capitalstarved region which needs funding for its structural reforms, analysts and policymakers said yesterday. The move signalled a new determination by
      Reuters  -  368 words
    • 474 7 HONGKONG Workers stage rallies and protests, call for more government action AFP MORE Hongkong companies announced yesterday they will lay off hundreds of employees amid noisy protests over growing unemployment as the territory's first recession in 13 years deepened. The layoffs came as rallies
      AFP; REUTERS  -  474 words
    • 395 7 AUSSIE ELECTION Latest opinion polls show Howard govt regaining lead Reuters [CANBERRA] Opposition Labor leader Kim Beazley virtually conceded defeat yesterday. as opinion polls published two days before a general election showed the conservative government consolidating its lead. Mr Beazley said he needed another
      Reuters  -  395 words
    • 276 7 MELBOURNE Unions accuse Howard of ignoring calls for help AFP INDUSTRY groups estimated yesterday that the gas crisis in Victoria would cost in excess of All billion (SII.O billion) as unions turned on the prime minister, saying he had spurned cries for help.
      AFP  -  276 words
    • 259 7 SEOUL Bloomberg SOUTH Korea's trade surplus widened 36 per cent last month as the settlement of a strike at Hyundai Motor Co boosted car exports. The surplus rose to U553.63 billion (Ss6.l billion) on a customs-cleared basis in September from $2.67 billion
      Bloomberg  -  259 words
  • Page 6 Advertisements
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  • Page 7 Advertisements
    • 8 7 Editorial: The problem with Aussie polls, Pg 9
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    • 243 7 jjjSjjiQ \yy jtok np 11 /7\\ J Bjbv j MM fA I |v^>. m 11 Rv^v I I K|n3l^v j VB r «MBf *nss Guest Of Honour His Excellency, Mr. Raymond Loretan jHHp Siv/ss Ambassador To Singapore Freedom to move. Freedom of choice. Freedom to expand, to rearrange, to do
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  • THE WORLD
    • 363 8 WASHINGTON Bloomberg US manufacturing contracted for a fourth month in September as weakened global economies reduced demand for US-made goods, sent prices lower and cut into factory employment. The National Association of Purchasing Management's index of manufacturing activity was unchanged at 49.4 for
      Bloomberg  -  363 words
    • 558 8 FRANKFURT Purchasing managers' surveys reveal losses in export orders Reuters MANUFACTURING companies across Europe are increasingly feeling the bite of the financial crisis that is sweeping through emerging markets, surveys of purchasing managers in three major European economies showed yesterday.
      Reuters  -  558 words
    • 377 8 MOSCOW Bloomberg RUSSIA has begun work on a plan to roll back much of the economic reforms of recent years, increasing control over prices and allocation of capital to industry in a move economists warned could lead to food shortages and hyperinflation. The
      Bloomberg; REUTERS  -  377 words
    • 277 8 LONDON Reuters THE Bank of England has drawn up contingency plans in the event of administrative turmoil in financial markets when the euro is launched next year, but remains confident that banks are well prepared for the event, a spokeswoman said
      Reuters  -  277 words
    • 419 8 WASHINGTON if they take clear stand to boost growth, restore confidence AFP AN effort by the Group erf Seven industrial countries to take the lead in action to promote economic growth could help halt further excessive falls in major stock markets, IMF
      AFP  -  419 words
    • 363 8 FRANKFURT Rate cot not cure-all to boost jobs, economy: official AFP THE Bundesbank stood firm and held German interest rates unchanged yesterday, even though the United States Federal Reserve had cut US rates earlier in the week in response to the deepening international financial
      AFP  -  363 words
  • Page 8 Advertisements
    • 70 8 CHRISTIE'S ART Southeast Asian Pictures Auction: Singapore, 4 October 1998 H|Sg2g9PBP f Georgette Chen (Paris 1907 Singapore 1992) Fruits in a basket Estimate: SsBo, 000-80.000 Preview: 2-3 October 1998, 10 am to 6pm at Grand Hyatt Singapore For further enquiries and purchase of catalogues, phase contact. Christie's International Singapore Pte
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    • 22 8 HOCK LOCK SIEW Takes you behind the news TheßusinessTimes i i t r I i Mondays Crisis Watch by Vikram Khanna TheßusinessTimes
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    • 27 8 If Tv/ stainless steel wraps and II 'I| I#*it C--fhnana (a eii.ULiAP.im 180 Pay Latoar Road >Qe-oaYlGuanoßu»i»Hl Showroom 178 Ochrd Road <03-43F CaHnpotK Singapore *****3 Tat *****68
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  • EDITORIAL & OPINION
    • 565 9  -  na BOTTOMLDfII OPINION By Joe Zhang The writer,formerly a manager at China's central bank, is head of China research at HSBC Securities in Hongkong THE fashion gurus of capital markets are suddenly flocking to the notion that capital controls are necessary and even good in
      565 words
    • 185 9 "Hie IMF should learn a lesson from the past five years. The IMF was pretending that it was seeing a lot of reforms in Russia Russia was pretending to conduct reforms. The Western taxpayer was paying for it' -jDons ryoGoruv Russia'sformer tax chief, urging the West not
      185 words
    • 606 9 EDITORIAL AUSTRALIA'S complicated voting system seems designed to be supercautious about handing over unencumbered authority to govern to any single party or coalition, whatever its appeal to the electorate. In the past few years, the system has enabled the minor party in the Senate to
      606 words
    • 1015 9  -  Fashionable to am<> DO" bit alternatives aired den't provide plausible hope of realistic success By] Paul Samuelson The writer is an economist at the Inftttutv of Technology. This commentary first appeared in The Los Angeles Times THE 1997 Asian crisis has
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    • 1062 9 THE string of good news since early August seems to have ignited the beginning of the long-awaited recovery of the rupiah, pushing it into a range of between 10,800 and 11,000 rupiah against the US dollar for the past eight weeks. Still more encouraging was t£e
      1,062 words

  • EXECUTIVE LIFESTYLE
    • 394 10 Global warming breeds disease, made worse by rising malnutrition and pollution, Cornell researchers find Reuters ORTY per cent of deaths worldwide are caused by |H pollution and other P environmental factors, and climate change will make I matters worse, a study by Cornell
      Reuters; FILE PHOTO  -  394 words
    • 262 10 HEALTH Survival rate of 87% for women very close to the 88% for men LAT-WP [BOSTON] Women who undergo bypass surgery or balloon angioplasty to improve blood flow to the heart have essentially the same survival rate as men, a
      LAT-WP  -  262 words
    • 761 10 SCIENCE It nggasta birth «f mnlticelliilar animals twice as early as thought LAT-WP [WASHINGTON] Researchen have uncovered evidence that worm-like animals lived on Earth more than one billion years ago, or almost twice as early as any previously known multicellular life. In a development that
      LAT-WP  -  761 words
  • Page 10 Advertisements
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  • Page 11 Advertisements
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    • 159 11 j CAFE DT, QSMD" i LEVEL 1 Daily A La-Carte menu. 1 Western and local ife mm r m favourites chefs V* ami jl( speciality top selling I !B| I I "Br Hainanese Chicken Rice, lEi Jffar Nasi Goreng Istimewa, etc. Function Room available for private parties, company dinner and
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  • Page 11 Miscellaneous
    • 750 11 TVRADIO vestment In Property). 6.30 Uravugal. j, JM ki WTBTTB^MM—— *.wi amv h wrnrHrriEf% 8.00 When The Bell Rings 7.00 Window To India. 2.30 PM TV Innovations. (See Our Choice). 7.30 Tamil Sethi (News, T). VWF^^ 4.00 Kidz Blitz: Sesame «J0 Friday Ticket To The 8.00 Berita 12 (News, M).
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    • 234 11 CBTPTIC CROSSWORD ACROSS {2 1 |2 15 I f7 11 Mountaineer's first purchase? 13 Representative of NT after a 19 Immediate sensation aunt 21 Work on board for conces- II 22 Pungent end pieces of celeriac 23 Advantage seed gets in centre |j 27 Bone of musician's body put i
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  • THE LEADING EDGE
    • 1436 12  -  Simon Tay, a senior law lecturer, Nominated MP and writer, has made choices different from others of his generation, reports tan su ten TAN SU YEN IN a city where many establishment figures are painfully stiff with the press, senior law lecturer, Nominated MP
      SIEW YAW HOONG  -  1,436 words
    • 489 12 WHEN Simon Tay was made nominated Member of Parliament, he said he would speak up on the environment, human rights, a civil society and his generation, since at 37, he is one of the youngest in Parliament His views on his
      FILE PHOTO  -  489 words
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  • COMPANIES & MARKETS
    • 139 13 [SINGAPORE] See Hup Seng, a company which provides anti-corrosion painting services to the shipbuilding and construction sector, has received in-principle approval for a Sesdaq listing. The company provides an-ti-corrosion paintwork through a variety of coating and blasting methods for ships, offshore oil rigs as
      139 words
    • 155 13 [SINGAPORE] Packaging company Broadway Industrial has secured a standstill letter from its lenders, paving the way for it to tap a $4.8 million loan from DBS Bank. The loan was extended to subsidiary Broadway Enterprises (Pte) Ltd (BEPL). A standstill letter is an agreement between banks
      155 words
    • 656 13  -  Lack of core basinets, savaged balance sheet, poor cashflow dted By t Annette Pau [SINGAPORE] Analysts are not convinced that IPC Corp's actions so far can pull it out of the abyss. While some said staunching the bleeding of its PC business did not
      656 words
    • 623 13  -  HOCK LOCK SIEW Wong Wei Kong WITH the end of the interim reporting season, investors must now have a fairly clear idea how badly the regional economic crisis has hurt Singapore listed companies. But for the stock investor, the real question is: has the
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    • 366 13  -  Food group QAF and ice-cream milker ABR Holdings join the list of surging counters By) Louis Beckerling [SINGAPORE] "Indonesian play" continued on the local stock market yesterday amid rumours that share prices of Indonesian-linked stocks wore being chased up because of debt-restructuring
      Source: Bloomberg  -  366 words
    • 474 13 It's in talks with potential partners to beef up core areas Reuters [SINGAPORE] More than a year after rescuing a troubled Singapore firm, Asia Food Properties Ltd (AFP) is looking to sell non-core assets and talking to potential parties to boost core operations,
      Reuters  -  474 words
    • COMPANIES
      • 289 14 Bnt the gaming group's unaudited remits show turnover fell 3% Bernama [KUALA LUMPUR] Gamingbased Tanjong pic has posted a higher group pre-tax profit of 168.4 million Malaysian ringgit (5174.8 million) for the half year ended July 31 compared with RM135.5 million recorded in
        Bernama  -  289 words
      • 244 14 Lower interest rates will enable it to cot costs on &M2ob debt Bloomberg [KUALA LUMPUR] Renong Bhd, Malaysia's largest construction group, is looking to the country's capital controls as a much-needed lifeline after it posted on Wednesday a worse-than-expected fiscal 1998 loss
        Bloomberg; Source: Bloomberg  -  244 words
      • 226 14 Bloomberg [KUALA LUMPUR] Pernas International Holdings Bhd which manages Hilton hotels in Malaysia, may not be able to redeem 480 million Malaysian ringgit (Ss2l3 million) of bonds when they're due, a credit rating agency warned. Rating Agency Malaysia (RAM) said it "anticipates a cash
        Bloomberg  -  226 words
      • 230 14 [SINGAPORE] Trading volume at the Singapore International Monetary Exchange hit an all-time high of 3.18 million contracts in September. This surpassed the previous record of 2.87 million in June. It is also 70 per cent more than the turnover for September last year.
        FILE PHOTO  -  230 words
      • 227 14 It'll provide services to seven countries including Singapore Bloomberg [TOKYO] Kyocera Corp and DDI Corp said they're forming a joint venture in Thailand to provide mobile telecommunication services via Iridium's global satellitebased phone system. Kyocera, the world's largest maker of ceramic
        Bloomberg  -  227 words
      • 188 14 Bloomberg [HONGKONG] Citic Pacific Ltd, which owns stakes in Hongkong's main airline, largest power utility and chunks of prime real estate, received a US$l25 million (Ss2lo million) loan from five international banks, one of the banks said. The letter of credit allows Citic to sell
        Bloomberg  -  188 words
      • 197 14 Dnes to be paid monthly instead of weekly or fortnightly Reuters [KUALA LUMPUR] Malaysian utility Tenaga Nasional Bhd said it has reached an accord with independent power producers (IPPs) to allow it to pay its financial dues in monthly instalments, the Malaysian
        Reuters  -  197 words
      • COMPANY Briefs
        • 80 14 New CEO at Asia Food Properties [SINGAPORE] Former managing director of CEF Capital, Francis Chang Chu Fai, has been appointed chief executive officer erf Asia Food k Properties. Mr Chang, 44, will synergise and manage the China and Singapore businesses, mainly in the area of food, agri-business, property and operations.
          80 words
        • 5 14 Nfttfayy^l
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        • 15 14 an agreement to ofll and lease back a
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        • 62 14 Reuters [SINGAPORE] Creative Labs Inc said yesterday it had filed a lawsuit alleging false advertising and related Semiconductor. Creative Labs, the US subsidiary of Singapore-based Creative Technology, said the lawsuit case Creative Technology filed against Aureal in February. Aureal Semiconductor Inc is a Freemont company which
          Reuters  -  62 words
        • 73 14 [SINGAPORE] Shangri-La Hotel has announced the appointmentofAngPoonTiak to its board of directors and audit committee with effect from yesterday. Mr Aug, who represents Hoe Seng Co Pte Ltd, a substantial shareholder of the company, replaces his brother, Ang PoonSoon, who passed away on June
          73 words
        • 123 14 AFX-Asia [KUALA LUMPUR] TA Enterprises Bhd said it is conducting its second round of voluntary retrenchments in eight months amid weak volumes on the Kuala Lumpur Stock Exchange, the Malaysian Business Times reported. Executive director Wong Hong Meng said: "Basically, with lower trading volume, we realise
          AFX-Asia  -  123 words
        • 85 14 Reuters [BANGKOK] Thai telecommunications company United Communication Industry pic (Ucom) said yesterday it sold 15J7 mill ion shares in Logic Telecom SA of Romania t tor 1.79 billion baht(Ss76.6mfflfa>n). Ucom said its' subsidiary, Ucom International Co Ltd, sold the stock to Telecommunication Business Service
          Reuters  -  85 words
        • 150 14 Reuters [MANILA] Real estate giant Ayaia Land has asked the Securities and Exchange Commission to allow it to issue •hares to parent Ayala Corp following the suspension erf its deal with CAP Hones. The move is intended to restore Ayala Corp's stake in
          Reuters  -  150 words
        • 118 14 IN a BTs Sept 23 report headlined "Nearly all Japanese dept stores here plagued by losses", we said that Seiyu Japan expected a loss of 34.2 billion yen for the six months to August Seiyu has clarified thai the amount refer* to losses incurred in the liquidation of
          118 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • 403 15 USs39om investment is BTs most significant in Ada' official Reuters [SEOUL] British Telecommunications pic took a huge step in increasing its share of Asia's lucrative telephone services market by acquiring a 23.49 per cent stake in South Korea's LG Telecom Co (LGT),
        Reuters; AFP  -  403 words
      • 224 15 Bloomberg [TOKYO] Japan Airlines Co, the nation's biggest airline, expects first-half operating profit to slump 46 per cent due to a decline in passengers on international and domestic flights, the Nihon Keizai newspaper reported yesterday, without citing sources. The world's sixth largest airline
        Bloomberg  -  224 words
      • 325 15 Bloomberg [NEW YORK] Bell Atlantic Corp is expected to announce next week that it will take pre-tax charges of US$l billion (Ssl.7 billion) to US$l.4 billion in the third or fourth quarter, said Guy Woodlief, an analyst at Prudential Securities Research. The charges
        Bloomberg  -  325 words
      • 187 15 Bloomberg [SEOUL] South Korea threw open the sale of Kia Motors Corp to the highest bidder, dropping onerous debt conditions in a bid to end a 14month saga that helped tip the country into recession. After two failed auctions, Korea Development Bank
        Bloomberg  -  187 words
      • 289 15 Computer services is Big Bine's fastest growing business Bloomberg [AßMONK, New York] International Business Machines Corp said it won computer services contracts from Boeing Co and Banc One Corp valued at a combined U552.62 billion (554.4 billion), bolstering its fast-growing services business.
        Bloomberg  -  289 words
      • 167 15 AFP [NAPERVILLE, Illinois] US electronics giant Motorola on Wednesday unveiled new technology that will enable consumers to use natural voice commands to access Internet sites by telephone. Hie company said its new programming language, VoxML, allows designers and Internet providers to write voice-activated software that
        AFP  -  167 words
    • FINANCE & COMMODITIES
      • 316 16 HEDGE FUNDS DEBACLE Bloomberg [NEW YORK] Bankers Trust Qorp has US$l billion (Ssl.7 billion) in exposure to hedge ftinds, backed by collateral in cash and US Treasury bonds, a person at the bank familiar with the exposure said on Wednesday. The
        Bloomberg  -  316 words
      • 352 16 Tike German bank, unlike ÜBS, doesn't expect to post tan Bloomberg {FRANKFURT] Dresdner Bank AG, Germany's third largest bank, said third-quar-ter earnings will be hurt by economic downturn in emerging markets, though this will be partly offset by in its retail,
        Bloomberg  -  352 words
      • 392 16 Greenspan says LTCM rescue aimed at avoiding serious market dislocations Bloomberg [WASHINGTON] Federal Reserve chairman Alan Greenspan said the Fed's brokering of a US$3.5 billion (555.9 billion) rescue of Long-Term Capital Management LP was a one-time event that doesn't signal
        Bloomberg  -  392 words
      • 277 16 FT [CHICAGO] The near-col-lapse of Long-Term Capital Management, the US hedge fUnd, demonstrates the "lack of transparency and... unrestrained lending" in the over-the-counter derivatives industry, the chief US futures regulator said on Wednesday. Brookaley Born, the head of the Commodity Futures Trading
        FT  -  277 words
      • 254 16 Bloomberg [TOKYO] Dai-Ichi Kangyo Bank (DKB), Japan's thirdlargest lender, and JP Morgan Co, the US' fourth-larg-est, are in discussions about launching a mutual-fund company in Japan by the end of the year, said a spokesman for DKB. The company will develop mutual funds
        Bloomberg  -  254 words
      • 188 16 mini Report Reuters [SINGAPORE] Simex Japanese government bond (JGB) futures reclaimed ground to end above the 139 mark yesterday as Tokyo stocks dived to fresh 12-year lows. Dealers said the Bank of Japan s tankan survey of corporate sentiment which showed a worse-than-expec-ted withering
        Reuters  -  188 words
      • 167 16  -  MSCI TAIWAN FUTURES Cecilia Loh Cecilia Loh, service dealer, Rtfco Singapore THE Simex MSCI Taiwan Stock Index futures feU again on gloomy market sentiment as investors felt that the slight slashing of key interest rates to ease credit did not have much impact in
        167 words
      • 303 16 ENERGY REPORT Reuters [LONDONI Oil prices buckled yesterday as a bearish global economic outlook and high inventory levels overshadowed effects of storm-related production cuts in US. World benchmark Brent Blend crude yras a hefty 40 cents down at U5514.28 a oarrel on
        Reuters  -  303 words
      • Article, Illustration
        1097 16 PITERBAMg CE088 BATB8 Oct! CS 8* KO HH$ »w N» 5$ imtt Sir MT$ tm f«f AwWto -198 4.171 0i505 1331 0.993 4640 25.4T7 ***** 0JM 13M 2275 *****452 2138 108 3401 **********3424 l3£""o!999 CM* 1.092 5427 1551 3437 1006 5.067 27.*****950 0409 MM 2.485 *****1442 ***** U04 1933 0497
        1,097 words
      • 289 16 AFP Bridge News t -—«4" THE US dollar plumbed depths unseen In 1998 as it shed 1.5 pfennigs to hit a 20month low against the Deutsche mark and 1.5 centimes to strike a 21-month nadir versus the Swiss franc in a session of almost one-way trading as the
        AFP; Bridge News  -  289 words
    • 1496 17 S1COM iutuhES Oct 1 RUNO (Mares <**«•* u*»> rssico*t«act<s «<*/*> do** mm opm >—fr mfc L— Sttt (t—M) fc^TWt 122.25 1350 Ott 90 123.00 1600 JM99 ***** mo 125J0 1950 12*50 1950 A*r/J» 99 129.75 1950 *I/5«R99 ***** 80 Oct/OiC 99 ***** RSS 3 CONTRACT (US wto/kg) MM
      1,496 words
    • 2067 17 LflWHHI •dl Hta *h 31 Group 500.000 -5.000 *8 Ports 262.400 -0400 Abbey Nation* 947.000 -67.000 AIM Oomecq 400.000 25.000 Amoc 196.000 6.000 A id* Croup *****0 -0200 BAT Ind 453.000 13.000 BCPtt 405.000 -4.000 BICC 99.400 0.400 80C Group 712.400 -17.600 BR Petroleum 867.400 -32.600 BTR
      2,067 words
    • 1511 17 Bloomberg □Nikkei 225 -20U7 JAPAN'S benchmark stock index fell to a new 12-year low for the second time in as many days, as worries about eroding corporate assets and weakness on Wall Street deepened pessimism about prospects for recovery. Sanwa Bank Ltd and Sony Corp led the retreat as
      Bloomberg  -  1,511 words
    • Article, Illustration
      699 18 AFP Qj Composite Index -128 INDONESIAN share prices yesterday closed 0.8 per cent lower following Wall Street's overnight fall and amid uncertainty over the government's bank recapitalisation plan, dealers said. "In general, the market was very quiet. Wall Street's fall was one major factor that affected us," an institutional
      AFP  -  699 words
    • Article, Illustration
      765 18 AFP F1 SET Index +0.65 THAI shares bucked the regional downtrend yesterday, closing 0.3 per cent higher in a day of directionless trade, analysts said. Analysts said the market traded in meagre volumes with foreign investors staying away while the Hongkong bourse stopped for a holiday. "The market was
      AFP  -  765 words
    • 307 18 AFP n Manila -3132 SHARES closed 2.5 per cent lower yesterday on bleak corporate news, analysts said. The Composite Index fell 32.32 points to 1,227.32 Total shares traded reached 477.17 million valued at 893.22 million. Philippine Long Distance Telephone Co fell 15 pesos to 905 while B shares of
      AFP  -  307 words
    • 403 18 AFP Q Composite Index -4*B SHARE prices closed 1.5 per cent lower yesterday as institutional investors sold largecapitalisation shares amid regional economic uncertainties, dealers said. The Korea Stock Exchange Composite Index fell 4.68 points to close at 305.64. The benchmark corporate bond yield was down at 11.4 per cent.
      AFP  -  403 words
    • 592 18 AFP nAH Ordinaries -YI& AUSTRALIAN share prices closed 0.7 per cent lower yesterday following an almost 3 per cent fall on Wall Street overnight and further losses on the Nikkei in Japan. The All Ordinaries Index, dropped 17.8 points to 2,569.2. The All Industrials tumbled 35.9 points to 4,499.7,
      AFP  -  592 words
    • 237 18 AFP Q Wellington -314 NEW Zealand stocks fell 1.9 per cent yesterday on the back of a steep fall in US stocks. The NZSE-40 Index lost 33.4 points to 1,694.54 on modest turnover of NZ579.7 million. Telecom Corp dropped 22 cents to close at NZ57.43. Wl V- f— ANZ6ankin«
      AFP  -  237 words
    • 353 18 AFP □wPlafaa -13L89 TAIWAN share prices closed 1.9 per cent lower yesterday, led by technology shares, amid lack of confidence on the back of sharp overnight falls on Wall Street, dealers said. The Weighted Price Index dropped 131.89 points to 6,702.06, the lowest level of the session. "Confidence has
      AFP  -  353 words
    • 7868 19 Transaction date Oct 1 MSUSTRIALS T Cmmif pnteti 19*8 Lilt Vol Day N.t c»0 ci«nm im -000 wm> L— P/I $mn 3J0 170 Atlnomoto 210 unch 2 210 210 n.6 85.1 148 35 Anqkasa 55 -2 16 56 54 1.3 81.1 290 123 ApoNoFoodHtq 186 -1
      7,868 words
    • 376 19 AFP Bloomberg n Composite Index -s£B MALAYSIAN share prices ended 1.6 per cent lower yesterday, dragged down by poor corporate results due to the prevaUing economic crisis. "Results at Time Engineering and Renong Bhd were exceptionaUy bad. This triggered some selling," a dealer with
      AFP; Bloomberg  -  376 words
    • WARRANTS&OPTIONS
      • 170 20  -  WARRANT WATCH -/tyl R Sivanithy INDONESIAN-LINKED stocks are stUl very much in focus at the moment. So, for the time being, we'll keep our sights in this part of the market. Today's feature is the Asia Food Properties warrant which costs a relatively
        170 words
      • 2610 20 1 nirtfc|re*iiiiia. P fwwarfclaantei mn snaraa eAka— nam ilia a»U I alts uaHai piln sfcara > {lawalwflurt alantsmaWswlal. BONOS, LOANS ft 1AMMTS J&tfe* Mtak"**!—. L—t Val Day IntOwtt Ay, C«mpii, «W fOOO) High Ln Bbyar SAr Prtc. 20.5 3 3160 *Acar ******1USS 4.5 4 5 95 5 3164
        2,610 words
    • 5998 21 Transaction date: Oct 1 Or Or M Wt 1998 Lit! v#4 Day LaatOuata Mv Olv YM Nat Cap A*g HN> Law StNa Cimnny Bala COOP) wm> Law Bwyar Badar CV F/t Uifc Prtca 142 49.5 mt WOO Acma SOc 56 cd unch KM 56.5
      5,998 words
    • 1039 21 Or Or M W* 19— Last Val Day Last Owli Dh Oh W M Ca» Ay* ni» Law st»a cifr mh room hm» u» cw m w 243 30 s 2049 *ASAutoK>C *6-5 -0.5 639 70.3 64 MJ 67 HON 7.0 2.3 6J 75.9 69 •2 47 2091 ASJHMqs
      1,039 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        244 22 Stocks Yahwni As* FoodtProp 15.558,OOP VandarHor* 13,574,000 ST EDM K)C 7,265,000 SJnqTd 15c 6,965,000 LiM 50c a 6,837,000 OOB Foreign 4,827,000 I—H 4,359,000 Kappci Land50c 4,219,000 MS La* 3,630,000 EKwWWI 3,403,000 IMS t StaqTtftSc 19,659,810 STEngglOc H,669,578 DBS Foreign 11,544,561 OUB Foreign 11,496,686 UM Foreign n,446,504 SPH 8,914,535 CtrDavSfc 8,273,530
        244 words
      • 637 22  -  STOCK MARKET COMMENTARY Weak US market, Tokyo fall, soft Europe opening cited; speculative play still on Indon-linked stocks By R Sivanithy AFTER putting up staunch resistance for most of the day, local stocks eventually succumbed to a combination of a weak US
        637 words
      • ON THE GRAPEVINE
        • 84 22 HERE are more brickbats for the Federal Reserve Bank of New York for the bailout ofLong-Term Capital Management. In the latest issue of the US financial weekly Barron's, columnist Kathryn Welling said the Fed's move was to save "affluent, BMW-driving, Dom Perignon-drinking, Vail-vacationing, Hampton- weekending, Greenwich-living
          84 words
        • 114 22 Ben Ezzell, wthorotDmxloplns Windows l! Errors Messages, and book and softwari publisher O'Reilly Associates recently convened a contest for the worst computer error message. Some of the submissions: Error: Keyboard not found. Press Pi to continue. A fatal exception OS has occurred at 0028:C027E29C in VXD
          114 words
        • 57 22 m noted in this column on Wednesday lhat all but one of Singapore Telecom's top, management have surnames that start with an X'. The exception, we said, is senior vice-president Chua Sock Koong. In feet, a little bird told us that she Is no exception
          57 words
        • 8 22 ffi?^T" 6nCOUraSB SP<indiM
          8 words
        • 61 22 Still on ATMs, we hear that at the height of the speculative attacks on the Hongkong ij < dollar peg, American hedge fund managers were referring to Hongkong as their ATM. Because when they needed some cash, theywould take positions on the HRg, being assured of certain
          61 words
      • Article, Illustration
        67 22  -  -by Wong Wei Kong VAN der Horst closed yesterday at $0,355, up five cents and on a volume of 13.6 million shares, compared with a 10-day average of 1.18 million shares. Technical readings indicate that the upside may be limited. Daily and weekly RSI indicators sugoest that the
        67 words
  • Page 13 Advertisements
    • 126 13 We've been building machines like this for over 50 years. The ones that fly. woids No forces outside you. control ply slip behind the wheel of tt>c new SAAB 9-5 With over. SO yea.s of e pert atr craft technology experieftte.'behind its design, it's the ultimate example Of perfectly controlled
      126 words

  • Page 14 Advertisements
    • 184 14 DISTRIBUTION STRATEGIES for EUROPE The introduction of the Euro as Europe's common currency promises to radically alter the face of distribution in Europe the world's largest consumer market With the uncertainty surrounding the Asian markets, Singapore companies need to venture into Europe for new business opportunities. Effective Logistics, vour kev
      184 words


  • Page 16 Advertisements
    • 199 16 IN THE MATTER OF THE COMPANIES ACT, CAP SO AND IN THE MATTER OF TONGSHIN MANUFACTURING INTERNATIONAL PTE LTD (Provisional liquidators Appointed) NOTICE OF MEETING OF CREDITORS I NOTICE 18 HEREBY GIVEN pursuant to Section 296 of the Companies Act. 50 that a meeting of tha t creditors of tha
      199 words
    • 56 16 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Mr* Diana B«an, General Manager Of Ms FlortflC* Nathan, Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasing4singnet.com.sg
      56 words
    • 7 16 Th^Strai^Times^ I'm looking for handicraft courses y
      7 words


  • Page 18 Advertisements
    • 648 18 ♦The Hongkong and China markets were closed yesterday for a holiday The Straits Times Classified/Tanglin Mall VZzUU I Tanglin Mall, every third Saturday of the month, spm 11pm IcatjsJ I BUSINESS Xotices rIN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF 1 SINMAIN WOODWORKS (PTE.)
      648 words
    • 271 18 NOTICE OF SPECIAL RESOLUTIONS LGi_ (S) PTE LTD Al an Extaorttoary Ganaral Meetng of tie members of IGL (S) PTE LTD. duty convened and haid at 200 Jatan SJtan #01-09 Textile Centre Singapore *****8 on 29 September 1998. tie Mowing resolutions were duly passed SPECIAL RESOLUTIONS "RESOLVED THAT pursuant to
      271 words


  • Page 20 Advertisements
    • 591 20 BUSINESS Xoticcs To adverlisc call toll-free IXOO-741 IXS3 M THE MATTER OF THE COMPAMES ACT. CAP. SO IN THE HIGH COURT OF THE AND REPUBLIC OF SINGAPORE JUL™ 6 MATTER OF FEOK ENTERPRISES Companies Winding-Up (SINGAPORE) PTE. LTD. No. 289 of 1998 Uq,-d>,,on) NOTICE OF RESOLUTIONS In the Matter of
      591 words
    • 545 20 IN THE MATTER OF "THE MATTER OF THE COMPANIES ACT, COMPARES ACT. CAP. SO CHAPTER 50 M THE OF AND AVENUE BIOTECH PTE LTD On Members' V otuntary LJaukMlon) IN THE MATTER OF TTn7!7J in nL 1 cn NOTICE OF RESOLUTIONS OMNI VENTURES PTE LTD At an ExtraortSnary GanarmJ Meeting
      545 words
    • 722 20 M THE MATTER OF THE COMFAMES ACT, CAP. SO IN THE MATTER OF AND THE COMPANIES ACT, CAP. 50 AND M THE MATTER OF in TW= uattpr r* STAG PTE LTD IN T>* MATTER OF (In Members' Voluntary Uqi4dedon) PUBLIC HOLDINGS LTD NOTICE OF RESOLUTIONS (MEMBERS 1 VOLUNTARY MINDING UP)
      722 words
    • 852 20 IN THE HIGH COtlT OF THE Y*ji uittcd m tuc MrumcorsiwcAfoir. Comp««s Winding Up N0.295 of 1998 AUQ In the mailer of Companies Act H THE MATTER OF (Clupler 50) 1994 Revised hdn ENCAP TECHNOLOGIES PTE LTD And in the matter of Singam Construction Co M Vokintary UquMMon) (Pie) Ijd
      852 words

  • Page 21 Advertisements
    • 22 21 ■OY lASTIRN WATCH, LUCKY PLAZA, #01-74, #01-36/37/33 ORCHARD ROAD TIL: 734 3139 DILUXI lASTIRN WATCH, CINTRIPOINT, #01-13/20 ORCHARD ROAD TIL: 233 2536
      22 words

  • Page 22 Advertisements
    • 721 22 BUSINESS Xoliccs To aduTlisi' call 1011-IVit IXOO-741 ISS3 I— M INI MATTII Of TM COMPANKS ACT OP. 50 AND M !M MATTB Of SfO MOUNNGS m us m wii r www tmmmm «soufafcr»iiyiMywte--4 :aws!B£i!sS3ssaß»~ ,fc (M*b!3fcr«fS«oN*wim OKU DOW OtfMMM M Hi MUB Of INI COHPANKS ACT CAP. M AND Dl
      721 words
    • 721 22 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF NANYANG ARTS SERVICES PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) (IN LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Chapter 50) that the Final General Meeting of
      721 words
    • 410 22 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF TONQSHtN MANUFACTURING INTERNATIONAL PTE LTD (PROVISIONAL LIQUIDATORS APPOINTED) Statutory Declaration by director* of Company's Inability to eonttnua buofnoaa by roaoon of Ita liabilities Name of company: TONGSHIN MANUFACTURING INTERNATIONAL PTE LTD Company No. ********** We, SIM
      410 words
    • 793 22 fa BANK OF COMMUNICATIONS •AUNCUHBTASAMISTDKUMMMtOT MOOT AND lOSS ITAIUWNT IMhRMBYuon fS U 31ST DCCKMUt lff7 1997 lA* IMB Yuan 2739,751.133.28 1 997 Wifehood U9.159.419.044 12 Op«*infl Incom. *****,853.677 61 Ms otm aa 7 ini 71 tncom 20,080,669,433.80 9,027,447,403.73 Comm,is»on Income 39 Loons and 7,946,*****1.42 Overdrafts 157,087,636,142.94 NonOperaling Income 64,656 098
      793 words
    • 8 22 TURN TO PACES 18 20 FOR MORE NOTICES
      8 words

  • SHIPPING TIMES
    • 328 23 Bridge News THERE was talk of Cargill covering a cargo to China from the St Lawrence in late trade, but details were sketchy. Talk of higher rates for Panamaxes from the US Gulf continued to surface. TAMXERSc Trading was quieter with alack of cargoes to cover. Some higher
      Bridge News  -  328 words
    • 264 23 CWT Distribution. 0-285 0.005 M Choan Hup 0.36 unci) 109 Coko ln»a«lraant 0-39 -0.01 37 rratoM Links 0.V4 -0.01 484 OB HoMlnft 021 unch 57 Hal Sun Hup 0.295 -0.015 3M Hitachi Zotan OS unch MS IMC Hotfnqs 5.6 Jaya llaMlnga 0.41 unch 54 Jurang Shipyard 5.95 -0.05
      264 words
    • 622 23  -  FEFC, lADA terminal handling charges are 25% more than PSA stevedorage charge By: Marcus Hand [SINGAPORE] Two major groups of international shipping lines have been overcharging shippers in Singapore by as much as 25 per cent for terminal handling charges (THCs), according to the Singapore
      Source:  -  622 words
    • 881 23  -  ADMIRALTY CASEBOOK By Selva Kumar THE English Court of Appeal has stayed an action in London and has allowed the Pakistan National Shipping Company to assert an exclusive jurisdiction clause in favour of courts in Pakistan. But the concession
      881 words
    • 194 23 [SINGAPORE] PSA's focus on staff training and development has earned it the Singapore Productivity and Standards Board's (PSB) People Developer Standard award which recognises organisations' efforts in staff development. The world's largest container terminal operator invests about $16 million or 4 per cent of its
      194 words
    • 210 23  -  By\ Felix Chan [SINGAPORE] Maersk Benelux (Maersk) and Europe Combined Terminals (ECT) have signed a joint venture agreement for the development of a new NLG 170 million (*****.64 million) container terminal at the Rotterdam Maasvlakte. The Maersk Delta Terminal will be located on the existing
      210 words
    • 1111 24  -  SINGAPORE SHXP BROKING Broking companies making alliances with large industrial groups are likely to be big winners when things pick up By'. Patrick O'Neill The writer is with Clarkson Asia Pte Ltd. This article first appeared in a publication to commemorate the Singapore Shipping Association's
      FILE PHOTO  -  1,111 words
    • 352 24 PAGE Evergreen 6 ami 3 Express TI 13 Accord 8 foMflSun 8 Ahrenkie) 12 Fro,a 13 Appenship 5 M links M Astro 3 G Link 4 Austral 8 Gemartrans 8 Avant 14 Genshgp 12 B'tang Mas 8 14 BSA 7 HaiSunHup 8 8TL 14 7 Bangladesh 13
      352 words
    • 18144 31 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advartisar V«s*l Voyaga Taiaphona ETA ETA Advartisar Vnstl Voyaga Taiaphona SIN Ont'n Nam* Nama NumOar NumDar Sin Dasfn Nama Nam# NumDar NumtWf ■MHMHHHNMVHMHWBHHaBNHNHNHHHMHHnM ■■NWMMMHHIHBHBWMMHHMHMBMMHHMM n/W 06/n MOL PICTOR CHALLENGER 2008A 65-*****86 To ABIDJAN (ABJ) 2003 Cot* Dlvoire n/io 06/n safarouta pictor challenger 2oooa
      18,144 words
    • SHIPS IN PORT
      • 770 37 vtswl Voy No B«rth Arrival Departure Art C*ri*f 9807* "S ilongsid* 0210/0600 •raw S 44 J02 ilongsid. 01.10/2)00 Bo«r Tnumpfi 9807 J15 Hongsidt 01.10/0500 81 Bungi *d *****8 J01 ilongsid* 03.10/1600 8» Kurnu2 *****8 J01 ilongsid* 02.10/0400 Bt S MMissi *****8 J01 Itongsid* 02 10/0200 Bt Sur lii
        770 words
      • 1832 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/BtUnco Rstls Ship Voy No Etb/Btr Portod From To From Au Daty om 01/1400 U OVHOO OVUM OVHOO ovhoo mmn ovhoo IA 0VT700 02/0*51 02/0900 n 0VI700 02/065* 02/0900 02/0700 02/115* 02/1400 4 02/1200 02/1451 02/1700 >IW<HII *341 03/2300 S
        1,832 words
      • 192 37 Oat 2 China: National Day Holiday. Hong Kong: National Day Holiday. Oct 3 Germany: Day of German Unity. South Korea: National Foundation Day. Oct S Portugal: Republic Day. South Korea: Harvest Moon Festival. Taiwan: Mid-Autumn Festival. Oct 6 South Korea: Harvest Moon Festival. Oct 10 Japan: Sport- s
        192 words
      • 916 37 THIS report, compiled bv Cockett Marine OU Ltd. shows price range* In US dollars Instead at single price* for a more comprehensive deecrlptloo of the market Price* shown are baaed on average+iaed stem Market movements are indicated The Cockett Bunker Price Index chance and the individual
        916 words
      • 592 37 ——WlIf— *•9 24 Dtnuty Water htMw At* Atumlnlum Sediment HN/M >t/W3 V/V M/M */M mt nwtio« ISO/Clm* Limits Sp«c E25 991 1.0 15.0 0.10 80* 0.10* Spe< 635 991 1.0 W.O 0.15 80' 0.10* Northern Europe 180 Ave 961.8 0.1 12.4 0.03 21 0.02 180 Mm
        592 words
    • AIR LAND TRANSPORT NEWS
      • 527 38 Chairman in tAlks with several groups on buying a stake in Philippine national carrier Bloomberg, AFP AFP [MANILA] Philippine Airlines chairman Lucio Tan asked senior executives to submit their resignations immediately to allow potential new investors to name a
        Bloomberg, AFP; AFP; REUTERS  -  527 words
      • 565 38 Bloomberg [BLACKPOOL, England] The British government rejected calls from labour unions to re-nationalise the country's rail system, sold to investors by the previous Conservative government. The Labour Party's ruling national executive committee said in a statement that though the previous government's sale of
        Bloomberg; REUTERS  -  565 words
      • 592 38 Carmakers to lannch a dozen new products next week Reuters [TOKYO] After a year-and-a-half of nothing but warmed-over models, Japanese minicar makers are set to roll out over a dozen new products next week, showing off major improvements in design, performance and crash resistance. The flurry
        Reuters; FILE PHOTO  -  592 words
      • 278 38  -  From Rajendra Bajpai in New Delhi INDIA'S largest business house, the Tata group, will join a new study to see if a private international airport project near Bangalore in south India can be revived two months after quitting it along
        278 words
      • 231 38 Govt worried about purchase of 3 aircraft in light of economic crisis Bernama-TNA [BANGKOK] Transport and Communications Minister Suthep Thueksuban has told national carrier Thai Airways International (THAI) to scrap its order for three aircraft worth over 14 billion baht (***** million)
        Bernama-TNA  -  231 words
      • 222 38 Bloomberg [SYDNEY] Qantas Airways Ltd, Australia's largest airline, had its long-term recommendation upgraded to "buy" from "accumulate" by Merrill Lynch Co, following the announcement of the Oneworld global alliance. "We believe the now obvious global trend towards alliances can deliver substantial benefits to
        Bloomberg  -  222 words
      • 1755 38 QTY fU6H7 CTA FU6HT CTO 0f06 1005 *****6 2359 MrtaMt A*8230 WO FMu SOW* 1T0Q $0990 0t» ***** 1,10 1 CuMfihM MK SO803 1905 CZ354 0910 kmtXtrUm M4327 0755 KU44 0040 CZ» 1045 ***** 1020 Sro uH **741 OK VN742 0905 KL837 1455 K1838 2300 <
        1,755 words
  • Page 23 Advertisements
    • 28 23 S'pore ship broking market has potential to grow Broking firms with alliances with large industrial groups are likely to be big winners when things pick up. Page 2
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    • 222 23 PAL managers told to resign to make way for investors Chairman in talks with several groups on buying a stake in Philippine national carrier. Back Page Shipping times Now Shipping Times is Proposed editorial onipDUliaing poised to deliver your highlights include: Special Feature advertising message right Prospects of the up
      222 words

  • Page 24 Advertisements
    • 1002 24 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I SSX SUPER SHUTTLE EXPREBS DWKCT TO LA WEST COAST OP CENTRAL AMERICA (MARGARITA SERVICE) wr row ncsw Ita m nou ok m mncoorr wsa Ivor Isw rr-ounm IkajuiuJ noma* oumavwtwa wmmnao sauna aaa OOdMBKA HfMt 30/ M 8/M I*/'*
      1,002 words
    • 90 24 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAW PORTS Hong Kong 1 All China PorU (EVERY TMUH A SUN VESSEL! VESSEL VOY ETD SIN ETA TYO ETA KOI ETA YOK ETA NGO ETA OSA HOI DIAMOND
      90 words
    • 669 24 L,nes sefvces represented (ffgji b y Members of the Registry of fAJJft Orders Accredited Shipping Agents uUV Association Singapore Shipping Association I. NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 20/10/98 BOOKINGS CALL JUUA/MONICA TEL 323 4374 CONTAINERSCONVENTIONAL CARGO FROM
      669 words

  • Page 25 Advertisements
    • 1074 25 TO EUROPE FROM EUROPE vtssa voy sin htm m ham wv sou fit uh vessa voy| rtm anr ham rrv sou fit lew sin NOtAMAZOMTI 01RW 01/10 24/10 21/10 22/10 19/10 HY CORMWOORE 314E 12/09 09/09 10/09 07/09 01/10 U LORtE S23W 02/10 11/10 20/10 23/10 24/10 NOt PURL 0041
      1,074 words
    • 1873 25 I HANJIN SHIPPING HANJIN SHIPPINC PTI LTD Imp //wm ho** am IOOWHG *****35 237 SALES *****24 231 OOOINHT *****71 274 OPOATKMS 32*241 252 MUD UK *****55 FAI 2221N0 aNO *****f*****N TO NW USA CANADA USA CANADA* Imvsl/vot UM S* lmhaui/voy sa nw on m oi r"Sr m ott num —nt
      1,873 words
    • 436 25 vESsa *or_ rw yot w m m u» w Iffssa |w j m Ihe yor|jw*|jiaJ MIK HON6KON6 M7S 04/10 04/10 IO7D 07/10 _H/M MO U/10 1 itffiliK/S 1 ill Ml 1 mtWßAii H3S w/io jw HW 2W fl/io piTf phimi<; hk I it/io I ?o7id i oi4s Iti'iol ;s/jo MOWMM
      436 words

  • Page 26 Advertisements
    • 1407 26 DSR-SENATOR LINES TO UK/CONTINENT TO gEA/lu u.i U'II^RANEAWCANADA *ts«a vov aw ug »w wi Hi m bi vtssti voy jeo an »Pt h» «.c ww HAMJM GfNOA WOM3 02 10 23 10 24 10 Sit 23.11 2SIO WASHINGTON SENATOR WMM3 01 H 12.1t li lt 21. It 2211 2411 Si
      1,407 words
    • 989 26 am MAC-WELS S'PtlftE M'Slfl Carriers MM CONTR LINES, INC p.qudang: (07)*****26 I~J\V\> J CWWOHIOOtTIOOOOt SIBU: (084) *****9 MANILA: (632) *****24 PENAWQ: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 KUCHING (082)*****1-3 KfIOHSIUNG SURABAYA MV "KOTA BERKAT" V.BKT3I Mv <|<OTA SURIA"
      989 words
    • 625 26 LINE By Wb IIM4M FAX: ISMII 2 I MUARA LABUAN VESsa VOY FTD ru VESSfi VOT m> in spore muara sfoti im CUtAKAMO-32Vm/W 02/10 OS/10 (AJtAKA JNO-37 VI3I/94 02/10 04/10 snummrt v2K/wo7/io 11/10 snum mok rm/n 07/10 11/10 CARAKAJNN-32 VI4E/00 11/10 14/10 CAIAKAJNO-3J VI4E/W U/10 IS/10 SHAHS HOPE V7W/W 14/10
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  • Page 27 Advertisements
    • 1470 27 [VESSEL voy sin pou pko pew pqb dub shj Iba bik IRAN QHEYAMAT PJL 1307 18/10 30/10 01/11 07/11 IRANVAHDAT PJL 1317 14/10 16/10 24/10 25/10 PQ6- Mini Qeboos. DUB > Dubai. SHJ > Slurjah. BA Bandar BIK > Bandar Imam Khomeini ACCEPTING CONTAINER/8 RE AK-BUtK SHIPMENTS TO INLAND POINTS
      1,470 words
    • 1775 27 IK9V&VSWSVSW DIRECT TO ISRAEL 1 mm in i 3 days i EVERY THURSDAY I ItmSSwi&mluMm: 6 SHINToi WAY HI: M 6 1900 fl^rn22M^^^Sd7/^^^!m!or^S!!SllWK^ m^m^mmmmm^^\ COSTAR SHIPPING PTE LTD #i7-MDtsnoG SAUS/BKGS *****57/w INWARD DIPT (D/ 0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********0 M TOW!« TWO (*****9) CONVINTIONAI *****50/55
      1,775 words
    • 674 27 EASTERN CAR UNER, LTD.'""SifwT 2 VE 1 ECL (SINGAPORE) PTE LTD 1 SPiOAIIZI IN ROWO 4 HEAVY LIFT UPTO 450 TONS ECL (SiNGAPME) PTE UD LOADING FOR JEBEL AU CHENNAI MV 'LUNA A2UL" V.14 MV "ORIENT ROSE" V.27 ETA SIN 06/10/98 ETA JEBEL AU 15/10/98 ETA SM 07/10/98 ETA CHENNAI
      674 words

  • Page 28 Advertisements
    • 1282 28 EUROPEAIK/SCAMDINAVIfyFIMLANO^USSIA SGP ROM ANW HBG TMP ZEE LHV LHV THP ROM ANW HBG PKL SGP I. OYNANIC RW-001 04/10 23/10 21/10 24/10 20/10 27/10 20/10 E. REFINE RE-017 10/00 12/09 11/ M 14/00 15/09 05/10 06/10 r "SET*"*?!® 11/10 38/10 04/11 31/10 02/11 03/10 04/11 E REACH 17/09 19/09 IS/09
      1,282 words
    • 761 28 f PACIFIC INTERNATIONAL UNES (PTE) LTD j KEEK 140 Cedl Street #03 00 PIL Building, Singapore *****0. CRNO: 1Q*****0000E T i™. ST W 181 Ml \VM otahtiuM M- ivi, ivn a;; KSwSS" ?£»is i'/'i» -it/io ),/io i m "H' y|||wssa vor m RWGAniAsa ?i] IZlO_ 9/10 JO/io mTTo HTio SoTio
      761 words
    • 634 28 Ilia NANTAI LINE j E FULLY CONTAINERISED SERVICE TO P MAURITIUS SOUTH AFRICA vessel vot sin puj pur J»t err to HAWSA CASTELU V.002S 04/10 IS/10 If/10 72/10 ?VH 24/10 NAWIPtMKKS V.024S 13/10 27/10 30/10 31/10 nakiai queen V.030S n/io a/io 01/11 04/11 05/11 oyii NAMTAIDKAGOW YOOK 27/10 05/11 09/11
      634 words

  • Page 29 Advertisements
    • 438 29 _JBS MYANMA ■BBk FIVE STAR LINE (Myanmar National lint) Loading for Yongoii (Rangoon) VKSII VOY SIN Ml PIN PGU MAMAMYINI SOW $10 MALAYSIA AGENTS: KXISTEAD SHIPPING AGENCIES KUL m (03)*****00 PKL TIL (03) 376*101 Kit HI (04) *****02 PGU; HI (07)*****21/4 BANK LINE (A stfvitt of Andrtw Wtir Shipping) I
      438 words
    • 1508 29 HMNEHYUNDAI MERCHANT MARINE CO., LTD. ivissa VOY SM sou UHI rw ant ham mv pa [resa vorl sou I ibi I rtm I ant ham Imw I fe I !IT IALCWIt 523W 92/10 22/10 24/1 C 19/10 21/10 NOL PURL 0041 09/09 15/09 10/09 12/09 03/10 MY GENERAL 314W 05/10
      1,508 words
    • 909 29 non«sgon ipeaofoad ouHxomer, ©§@3® TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVKX" [Wssa vor ramp height sin lax cri mia sav bal orf nyc new mob I Texas "f«2O 400 io« 6.3 M 13/10 09/11 WTI 2T7TT 23/11 2S7TTUj\T"277TT toJW *****" TOM FB2l 400Toas 6.3 M 29/10 25/11 04/12 07/12
      909 words

  • Page 30 Advertisements
    • 873 30 BANGKOK/MAP TA PHUT/LA EM CHABANQ JAKAIKTA/PANJANG VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 383N 03/10 07/10 DEJA BHUM 787S 03/10 07/10 RATHA BHUM 33N 03/10 07/10 06/10 ANRO JAYAKARTA' 056 03/10 08/10 ACX JAPE 30N 04/10 OMIT 08/10 ACX RUBY> 32S 08/10 06/10 YANTRA
      873 words
    • 556 30 INDONESIA NATIONAL LINE TO EUROPE ~~1 EXPRESS SEMI-CONTAINERISED SERVICE m VOY I t POWt D»M/W D*JH N lUW6 MEMf II MTWtW vessel ?oyi? n/1? ~osiT is/iT TO AUSTRALIA ~j FULL CONTAINER SERVICE m Iwt I Hgj fIW lUK Ht SYD MB. W4 *01 |hi m. mmy on oi/ii on mo
      556 words
    • 925 30 VESSELS JjjOY rsw JED MLA LEH HAM THP FtTM 7cp VILLEDE MIMOSA V2BW 06/10 13/10 18/10 SiTio 55S VILLE DE TANYA T2BW 13/10 21/10 28/10 v*-LE de taurus aSON iwio 02/11 ~~pyrT oim ivii um VUEDAOUAMUS U2BW 28/10 04m 08/11 wil wfi C PBm aß < OOTHPMUBGt ANO OTWBI EUROPEAN
      925 words

  • Page 31 Advertisements
    • 52 31 STEbT4 Dial 740-6000 on demand —(Retrieve more schedules!) Press "1" I CT JF\ Select the port and key in s l cSJ the four digit code eg: To New York (NYQ 2275 Sl£) Key in your fax number I your phone number Another innovative service offered by dOCUment Will be
      52 words


  • Page 33 Advertisements
    • 148 33 C "A mmmmmm free Reader Enquiry Service cut out and Fax to 65-*****29 n Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: .Cargo Ready by: Port of Destination: Cargo Volume: Special Requirements: ADVERTISERrPRODUCTS/SERVICES Saw an advertisement in Shipping Times of
      148 words

  • Page 34 Advertisements
    • 961 34 SAMUDERA SHIPPING LINE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********0 D BOOIUM6S CAll. DIRECT LINE: *****41/43 JESSICA/CEU»/MEI CHAM 7 SLGS/WEEK 2 SLG/WEEK I VESSEL TVOY I SIN ["OAK [VESSEL |VOY SIN [PLB ASCARYA 1035 03/10 (SAT)
      961 words
    • 616 34 \y*m ENO liE SHIPPING CO PTE M I *****75 Umi) Fu> SUNII/SIMH I t C» 8*; isimooowt VESSft VOY SIM nA SIN ITD DfSANATION Smor Centra) 14/98 29/09 03/10 Pwowong/Buoton/PBonj Ataco Wo 46 07/98 05/10 06/10 Jokort c WoOoyc Umon Slor 18 10/98 05/10 06/10 Mono/Suroboyo Morco Polo 8 AM5030
      616 words
    • 470 34 d] m I Wi Co^o^QJ' Ti' 1' [qTWTTTyj m FAR EAST 04/10 KEELUNG/KAOHSIUNG 04/10 BANGKOK 04/10 MANILA/CEBU 05/10 JAKARTA/BELAWAN/SURABAYA 05/10 PORT KELANG/PENANG/E MALAYSIA 06/10 BUSAN 05/10 TOKYO/YOKO/KOBE/NGO/OSA 04/10 HONG KONG SIN CHINA 104/10 GUANGZHOU/HUANGPU/SHEN2HEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPETUK 05/10 LDN/FLX/LVP/SOU RDM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SiN
      470 words
    • 495 34 Ilrrr# SiiWwe Soviet Shipping CPI k\\v alk lOOSOMOOOON IXv W33) aibivsmNooc VESSEL VOY SIN BOM PNG PKL BUXMOON 118N 08/10 13/10 24/10 25/10 KOTA RUKUN RKNOIS 10/10 18/10 28/10 30/10 KOTA RATU RTUQ23 18/10 24/10 04/11 06/11 VESSEL VOY sw CALCUTTA SIM" SINAR MALAKA 021 02-03/10 08/10 19/10 HARIBHUM 01SV
      495 words

  • Page 35 Advertisements
    • 885 35 MCC TRANSPORT SHI/THJE Ilvca vot taswß wax stow [ytssa vot resww wo kuaotmTl Ivcsa vot mswm kwtkeangl 2SSS 21! KM SSL 224!!! !MS 04/10 (SUN) ntcwuma »s» 30/04 (WH» MTTO m\ M/IOffUW JJ/JJ 1/; TM 9142 11/10 (SUN) 11/10 xmssuu ***** 01/10 (HH) 04/10 £S2S" 21L ?!<IS ?<!! 2" 9,43
      885 words
    • 1740 35 VISSEI/VOYAGE SBS JfiSl m DM 16! VRSfI/VQYAGI SOU RTM HAM jni S'POfff V/W mwvn 1 PONLKOBE 01WM39 01.10 17.10 19.10 2110 24.10 nyiumk ***** 7r7T -jggB—SSB- tHWT*. VMOf IggO_ PONI SOUTHAMPTON 03WA40 OtlO 24.10 24.10 27.10 31.10 Hv. 0109 OM ,l W nM OS 04 07.1# NYKSMRIUS 04WM1 1110 31.10
      1,740 words

  • Page 36 Advertisements
    • 932 36 I VESSEL VOY SIN MAA SIN TIGER ISLAND 651N 05-06/10 10-15/10 19-20/10 I TIGER PEARL 652N 07-08/10 13-18/10 23-24/10 ff TIGER BRIDGE 653N 12-13/10 18-23/10 28-29/10 E TIGER BAY 654N 15-16/10 20-25/10 30-31/10 I TIGER ISLAND 655N 19-20/10 24-29/10 03-04/10 I TIGER PEARL 656N 23-24/10 28-03/11 08-09/11 IVESSE^^^^VO^^SIJ^^CA^^SIJ^I XPRESS SPORE
      932 words
    • 837 36 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin9singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA BUENOS AIRES CEBU ISTANBUL IZMIR LAEM CHABANG MALTA SANTOS SHANGHAI ***PLIASI CALL OUR TOLL FRBE LINE: 1800-*****66 FOR BOOKING Overseas Office* Hongkong *****1 13 flmseasioonline.net Port Kelang *****40 fWietm.rwt.my Bangkok kunthidoefloth.co.th Surabaya *****00 fte-wbesby.mWaa.nat.id
      837 words
    • 1233 36 OOCL (Singopore) Pte I *A Tr -i 79 Anson Rood #21-04 (S) *****6 88i 513 #01-128 r i T §§48 PET AUNG JAYA TW: 03-756 7776 F«k 03-754 6657 PENANG W: 04-*****45/S fax: 04-2634 M 3 *****50 IpASHGUDAHG T* 07-******6 NOtTH UUUCA USA/ CANADA ft OST TO USA SGP IGI
      1,233 words

  • Page 37 Miscellaneous
    • 126 37 LEGEND: R Thunderstorm Temperoture y Shower Weather Wmd direction with speed m knots ee Rom Cloudy Sky w v height Surface winds ore indicated by arrows which Hy with the wind One Ml circle represents calm or bght and vonoWe winds One haH Heche represents 5 knots L_ One fu«
      126 words