The Business Times, 11 December 1996

Microfilm: NL20749
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 046/12/95 85c SINGAPORE Internet- http://www.asial.com.sg/biztimes WEDNESDAY, DECEMBER 11,1996
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  • Article
    MARKET SUMMARY
    9 1 f I flfV^RH itf OBBpr'^- Sji Einn
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  • Article
    FINANCE
    40 1 P'vi WM&: I v. J* IMI UB lSli n. i» tn MM -H ■P IMI KM wi£l Hi arum*. MO vbauumpuv i i i I .Hi, jai*., —ttJt at s mew ram r*npKilMi. ~H* aV- v (Source: NatWest Bank)
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  • Article, Illustration
    Lock icon US, EU in frenetic lobbying for IT accord
    553 1  -  Late-night talks to hammer ont a deal with Asian counterparts By\ Kenneth James [SINGAPORE] Lobbying for an Information Technology Agreement at the World Trade Organisation's inaugural ministerial conference reached frenetic levels yesterday, with European Union and US officials scheduled to meet late
    REUTER  -  553 words
  • Article
    No plan to end SingTel's monopoly sooner than year 2000: TAS
    246 1  -  S'pore likely to onveil details of improved telecoms offer today By\ Genevieve Cua {SINGAPORE] The Telecommunications Authority of Singapore yesterday said there was no plan to end Singapore Telecom's monopoly sooner than March 31, 2000. It was responding to
    246 words
  • Article
    Lock icon Dow up 31 at 2pm EDT
    142 1 Reuter [NEW YORK] Wall Street stock prices surged to session highs in early afternoon trading yesterday. At 2pm EDT, the Dow was up 30.93 points at 6,494.87. The tech-studded Nasdaq Composite rose seven points to 1,323, still off its session high but buoyed by
    Reuter  -  142 words
  • Article, Illustration
    Lock icon Benchmark US ratio boosts! outlook for local electronics1
    616 1  - Benchmark US ratio boosts! outlook for local electronics 1 Eight electronics stocks among the top gainers on SES By Jennifer Lien [SINGAPORE] The outlook for the electronics industry further brightened yesterday with the release of a higher-than-expected November US semiconductor book-to-bill ratio. The widely-watched ratio rose to 1.15 in November
    Source: Bloomberg ALLAN  -  616 words
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      42 1 flfl M, fl I^UmAM In a surprising deal, politician appointed to the cabinet post of Treasurer, Pgll ■j-ifti.. imlmm eadttatasmany stxxks hi|h« fcS^MNTFotitive. Milinihii bodes weO for liquidity of ■WjjuUTßwcy stocks to fIfIKIMPBRMMi -JSSSEHSSLSSL .Mm&Oß&vasws ...m TOAL FINANCE 4 7 STOCKS 24-28 )^-|$@'<|'\'%\\''!+&;(&({._%[=?
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      92 1 Day Two sees progress on controversial issues, Pg 8 No breakthrough on early accession by China, Pg 8 Commentary: North-South divide is fraying, Pg 9 Explore new dimensions in time. Sport Classique Water to 50m. r^Bfc\ 5 year international warranty. IA m« A jU^ Authorised Dealers: #j Roy Eastern Watch
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S'pore investors now build their own hotels abroad
      641 2  -  OUTLOOK '07: Hotel Investments Fewer Aussie hotels, higher prices making firms switch from strategy of buying existing properties By, Agnes Wee SINGAPORE companies investing in hotels overseas are entering the second stage of their forays abroad. They are now building their own
      Source: JL TransAct Source:  -  641 words
    • Article
      Packard Bell picks Penang over S'pore for plant site
      255 2 PC MANUFACTURER Packard Bell NEC yesterday announced its decision to site its manufacturing operations in Penang, instead of Singapore, which was earlier on its shortlist. Vice-president and managing director of Packard Bell NEC Asia Pacific Lim Huat Seng told BT in
      255 words
    • Article, Illustration
      Lock icon Fewer new companies in Q3
      323 2  -  EYE ON THE ECONOMY Company formation Byy Clarissa Tan THE number of new businesses formed in the third quarter rose 5.7 per cent year-on-year, while the number of companies created fell 5.5 per cent, according to latest figures from the Registry of Companies and Businesses.
      Source: Registry of Companies & Business  -  323 words
    • Article, Illustration
      East Coast en bloc sale short of reserve price
      258 2 AN East Coast Road property has been sold en bloc for slightly under its reserve price another sign that developers are re-assessing the property market. The 12 townhouses in Martia Court were sold for $29.2 million to a local contractor with
      258 words
    • Article
      COEs up 13.6% – largest jumps in big and luxury categories
      439 3  - COEs up 13.6% largest jumps in big and luxury categories January premiums are up across the beard with only motorbikes seeing a fall By< Christopher Tan CAR certificates of entitlement (COEs) rose 13.6 per cent overall in the latest tender, with the big and luxury categories chalking the largest increases
      439 words
    • NEWS Roundup
      • Article
        S'pore and Belgium update tax treaty
        83 3 SINGAPORE and Belgium have signed an agreement to amend some Articles of the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. The Supplementary Agreement further reduces the rate of withholding tax on interest
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      • Article
        URA awards Bukit Batok and Ubi sites
        99 3 THE highest bidders for three industrial land parcels— one at Bukit Batok East Avenue 3 and two at Übi Avenue 1 —have been awarded the respective sites by the Urban Redevelopment Authority. Private developer Sin Soon Lee Realty clinched the 153,602 sq metre
        99 words
      • Article
        Lock icon Sumitomo in S'pore cement venture
        76 3 Reuter (TOKYO] Sumitomo and Norwegian cement maker Scancemhave set up a joint venture in Singapore to market cement in Asia, the Japanese business daily Nihon Keizai Shim bun reported yesterday. The new firm is capitalised at2oo million yen (552.46 million) and equally owned by Sumitomo
        Reuter  -  76 words
    • Article
      Mercedes buyer files writ against parallel importer
      390 3  -  Gar had allegedly been involved in an accident By i Christopher Tan A MERCEDES-Benz buyer has filed a writ against Mercedes parallel importer Cheng Yong Credit Enterprises for allegedly selling him an E220 model which had been involved in an accident. Chew Beng
      390 words
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      198 2 .1 t"ntutßS6~~~ >- I*?i*Lc±*. ft '•>■ <► am':* rak aaer r r '*»a *-«ij -J There is no mistaking elegance. Which, of course, leads to the question, where can you find a Piaget? Piaget Dancer, 18K yellow gold. Available in quartz or mechanical movement, it comes with a satin finished
      198 words
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      51 2 Now phoning &>. is easier than ever with the new GSM Alcatel Just one. touch Directory with just ok# touch.' Voice mail with just one touch. 1 4 oh. 5 K. 6"' r 8'- 9 C'z *•on -n HC 800 Coil forword with I just one touch. J v. ALCATEL
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      111 3 JAL welcomes you with a special 5-star treat at Ifs always a special treat to fly JAL Because now for the first time, our KL premium packages pamper you with a night's stay and breakfast at the 5-star Hotel Nikko. Don't miss this fantastic promotion! Luxury travel begins with JAL
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      Page 3 Advertisements Column 2
      248 3 WHEN THE WORLD'S YOUR PLAYING FIELD, YOU ALWAYS HAVE HOME GROUND ADVANTAGE M. ttv <7* I I I j These are our top trainers in Singapore. Yet to see You may never meet the trainers from the ABN them in training they could be anywhere in the world. AMRO Academy.
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Lock icon Still hope for the index
      564 4  -  TECHNICAL VIEWPOINT: Dow JONES INDUSTRIAL AVERAGE Dow may try the downside a few times but dominant long-term uptrend should resurface again By Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) at Dow Jones Telerate. The opinions in this column are
      Source:  -  564 words
    • Article, Illustration
      SRI Fund: no limit on allotment of units
      388 4  -  Investors will get as many as they apply for, unlike in an IPO By Shiv Taneja [SINGAPORE) Investors applying for units of the Singapore Regional Index Fund, which will be listed on the Stock Exchange of Singapore, will be alloted as many
      388 words
    • Article
      Banks' property loans in region rise sharply
      514 4  -  Bad news is real estate prices are falling broking honse By Lee Yoke Har (SINGAPORE] Bank lending to the real estate market in Hongkong, Singapore and the Philippines has risen sharply this year, says latest research by Jardine Fleming Securities. This means that
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      158 4 A special offer tor people with i 1 t minds and itchy We're giving away free original copies of Microsoft's works just like your floppy drive, but holds 70 popular Encarta 96/97 and of Arcade times more stuff and up to times faster. every lomega now. So ifs perfect for
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      27 4 WWw IMo 1 OFFSHORE COMPAIUY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel: (65) *****82 Fax (65) *****91 OFFSHORE WITH CONFIDENCE
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  • SOUTH-EAST ASIA
    • Article
      Indonesia's private TV stations seen listing soon
      353 5  -  JAKARTA New broadcasting hOl paves way for stations to tap capital markets as early as next year Ry S N Vasuki INDONESIA'S new broadcasting bill, which was approved by Parliament on Monday, will pave the way for the country's five private television stations
      353 words
    • Article
      Lock icon Mahathir accuses US of forcing its views on others
      209 5 KUALA LUMPUR AFP MALAYSIAN Prime Minister Mahathir Mohamad yesterday accused the US of being undemocratic and forcing its views onto other states. Issuing a warning to unions and non-government organisations here not to back the inclusion of non-trade issues on the
      AFP  -  209 words
    • Article
      Singaporeans sue Johor govt over property levy
      164 5 ■JOHORBARU A SINGAPOREAN family has sued the Johor government over a Msloo,ooo (5555,480) levy imposed on them last year for a house here which they bought in 1992. The family claimed that the levy should not be charged as the house was bought
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    • Article, Illustration
      Lock icon Jakarta to collect U$100 per month from foreign workers
      144 5 JAKARTA Reuter INDONESIA plans to collect a monthly fee of US$lOO (Ssl4o) from foreigners working in the country to help develop the skills of local workers, Manpower Minister Abdul Latief said yesterday. "We will collect US$lOO a month from foreign workers
      Reuter  -  144 words
    • Article, Illustration
      Lock icon More security checks to curb unrest in Myanmar
      204 5 ■YANGON Reuter, AFP MYANMAR authorities set up more security checks in the tense capital yesterday to curb any fresh student unrest, as universities remained sealed and calm after there were no new overnight protests. Witnesses said police and soldiers continued manning roadblocks
      Reuter,; AFP  -  204 words
    • Article
      Lock icon Philippine investment fall 37.5% in first 9 months
      152 5 MANILA Bernama TOTAL investments in the Philippines declined sharply to 97.11 billion pesos (SIS.I billion) in the first nine months this year, down 37.5 per cent from 156.4 billion pesos in the corresponding period last year. Official data showed that the decline
      Bernama  -  152 words
  • Page 5 Advertisements
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      105 5 WTO stories, PgsB&9 I MASTER PRINTERS' I ASSOCIATION C conducts 9 This seminar aims to introduce participants 7 to all relevant print processes, techniques and methods to ensure that corporate funds are spent in the best possible way. t Date :16 (Thurs) &17 (Fri) Jan 1997 C Time 8.30 am
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      60 5 mont° I BLANC <r .ti at -Afiake a Great day a Special day. Meisterstuck Solitaire Sterling Silver. A unique writing instrument made of 925 Sterling Silver. 4 MOHTRUHC ROUTIOUES Singapore: Ngee Ann City #01-32, Roffles City #01-37*, Millenia Walk #01-04/05 and oil ootkorised dialers. MONTILANC CORNER: Sincere Watch limited #01-013/015,
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  • FOCUS
    • Article, Illustration
      Tung tipped to win
      918 6  -  ELECTION OP OX'S CHIEF EXECUTIVE Most observers expect the former shipping tycoon to increase his winning margin Reports by Quak Hiang Whai [HONGKONG] TODAY is D-Day as the Beijingappointed 400member Selection Committee picks the first chief executive to head the Special Administrative Region government of Hongkong
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    • Article
      The making of a pro-Beijing legislature
      405 6 With the boycott of the Democratic Party, the leanings of the body are clear JUST as today's election of the chief executive is widely seen as a foregone decision, the political leanings of members of the provisional legislative council, whose members will be picked
      405 words
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      225 6 wsk carpets^ Just arrived! H New stocks direct from factory G N G^CCK^PTE. LTD FURNITURE DEPARTMENT 3, Street #02-28 Lgwee hong furniture ZESSZw n 71, Victoria Street Singapore *****8 Singapore *****4 rj> Mon-Fri:9.3oam-€.oopm Sat: 9.30 am to 8.30pm Mon-Sat:9.3oam-6.00pm jj Sun Pub hoiiday:l2.oonoon-8.30pm Sun Pub hollday:12.00noon-«.00pm^^j$3 Noel brings you Gttl
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  • CHINA – HONGKONG – TAIWAN
    • Article, Illustration
      Lock icon Clinton meets China minister paving way for trip to Beijing
      552 7 WASHINGTON THe meeting is expected to lead to an trgrhangft of presidential visits NYT, Washington Post PRESIDENT Bill Clinton laid the groundwork for his planned visit to China in 1998 by hosting Chinese Defence Minister Chi Haotian at the White
      NYT,; Washington Post; AFP  -  552 words
    • Article
      Lock icon Taiwan decides to slow down bid to rejoin UN
      234 7 TAIPEI AFP TAIWAN'S ruling and opposition parties agreed yesterday to slow down the island's bid to rejoin the United Nations, party officials said. UN membership will no longer be a priority in the government policy of promoting Taiwan's international profile, they
      AFP  -  234 words
    • Article
      Lock icon Inflation still a threat warns Chinese Vice-PM
      216 7 BEIJING AFP CHINESE Vice-Premier Zou Jiahua has issued a stern warning to the government not to drop its guard against inflation, amid signs of a potential rebound in prices, a report said yesterday. An inflation rate of 6.4 per cent for the first
      AFP  -  216 words
    • Article
      Lock icon HK govt to allocate more land for luxury apartments
      127 7 UHONGKONG AFP THE Hongkong government is planning to allocate more land for development of luxury flats in a bid to curb property speculation, officials said yesterday. The move came as a taskforce was formed on Monday to study measures to cool
      AFP  -  127 words
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      525 7 University of Western Sydney Nepean, Australia DOCTOR OF BUSINESS AOMMtSTRADON (DBA) By Coursework and Research Singapore* Ist Intake •Mar 97 I Programme Innovations Duration 2 l 'i years 100% in Singapore Assessed by coursework, 4 publishable papers and a research project Specially ASlVil designed for business leaders, senior executives, university/
      525 words
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  • THE WTO MINISTERIAL CONFERENCE
    • Article
      Day 2 sees some progress on controversial issues
      595 8  -  Compromises and shifts but no final deal has been wrapped up Yang Razali Kassim SHIFTS and compromises characterised Day 2 of the WTO's Singapore Ministerial Conference, leading to progress in talks over five contentious issues, including labour standards and investment rules. Prospects
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    • Article, Illustration
      Lock icon Lights are on in financial district but nobody's in
      413 8  -  H't Tan Su Yen THE financial district is really turning on the razzle-dazzle for this week's WTO conferonce. The owners of buildings in the central business district will be lighting up their buildings between 7.30 pm and 10.30 pm for the
      SIEW YAW HOONG  -  413 words
    • Article, Illustration
      Lock icon No breakthrough on early accession by China
      455 8  -  'Quad' powers fail to reach conclusion on political statement on Beijing's entry By < Catherine Ong THE European Union (EU) failed in its attempt yesterday to speed up China s entry into the WTO at a meeting of four trading powers. A meeting
      CHRIS LOH  -  455 words
    • Article
      Tears, pleas, squeaks at NGO talks
      384 8  -  Social clauses, trading roles among concerns of delegates at sessions running parallel to main event Hy\ Siow Li Sen EMOTIONS ran high yesterday among some non-govern-mental organisation (NGO) delegates at meetings being held concurrently with the WTO conference. Tears, heart-felt pleas, hard questions and
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    • Article, Illustration
      Lock icon G-15 united on omitting labour issues
      463 8  -  But members fail to agree on other contentions issues By I Catherine Ong THE Group of 15 (G-15) developing countries yesterday agreed that the WTO should not be the forum to deal with labour issues but failed to forge consensus on other contentious issues.
      ARTHUR LEE  -  463 words
    • Article
      North-South divide is fraying at the edges
      527 9  -  But new alliances and loyalties mean more complex negotiations, says MRAM VIKRAM KHANNA WHOEVER went into this WTO Ministerial meeting expecting concerns and debates on trade issues to be divided along traditional developed versus developing country lines should by now be disabused of
      527 words
    • Article
      France wants ITA linked to agreement on telecoms
      284 9  -  By' Vikram Khanna THE information technology agreement (ITA) being pursued at the WTO conference should be linked to an accord to liberalise telecommunications, French Minister for Finance and Foreign Trade Yves Galland said yesterday. In an interview with BT. Mr Galland pointed
      284 words
    • Article
      Lock icon EU seeks separate declaration on telecoms
      430 9 It wants statement on Feb 15 deadline which Washington will be willing to sign Reuter THE European Union is pushing for a separate declaration on a global pact on freeing up basic telecommunications at the WTO ministerial conference, officials said yesterday. They said the
      Reuter  -  430 words
    • Article
      Lock icon S Korean move adds to hope on telecoms agreement
      264 9 Bloomberg Business News SOUTH Korea said it is ready to widen access to its telecommunications market, a further sign that Asian nations will make sufficiently good offers to reach a global telecoms accord by Feb 15. "We are thinking about improving
      Bloomberg Business News  -  264 words
    • SIDE Lines
      • Article
        Lock icon 'We're in bikinis, you're in fur'
        88 9 AFP JAPANESE Foreign Minister Yukihiko Ikeda turned his country's promise to abolish tariff* on technology products into a fashion statement yesterday. "Japan has already announced its commitment to cut tariffs on high-tech products to zero by 1969. which is Car better than the plans
        AFP  -  88 words
      • Article
        Lock icon Textile exporters win pledge
        94 9 AFP TEXTILE exporting nations won a pledge yesterday to put an end to foot-dragging to end import quotas by 2006. "The issue of the textile sector is closed and there is an agreement" said the vice-chairman of the conference, Uruguayan Foreign Minister Alvaro Ramos. Mr Ramos
        AFP  -  94 words
      • Article
        Lock icon Some hardliners ease on labour stand
        86 9 Reuter A JAPANESE foreign ministry official said that some developing countries which had opposed any mention of the labour issue in the final declaration were now taking a more positive position. "A possibility erf an agreement has emerged," he said, after another late-night meeting.
        Reuter  -  86 words
      • Article
        Lock icon Deal reached on competition policy
        61 9 AFP TWENTY-FIVE WTO member s agreed yesterday to launch a study of competition policy, a Japanese official said. The official said the agreement cai.ne during an unscheduled meeting of ministers chaired by Mr Ruggiero and Singapore Trade and Industry Minister Yeo Cheow Tong. Competition policy
        AFP  -  61 words
      • Article
        US Congress team calls on PM Goh
        59 9 A VISITING US Congression.al delegation led by Representative Philip Crane, chairman of the House Ways and Means Trade Sub-committee, called on Prime Minister Goh Chok Tong yesterday. The Trade Sub-committee oversees matters concerning US trade policy. The delegation is here in conjunction with
        59 words
      • Article
        Lock icon No WTO talks on agriculture, says EU
        77 9 AFP THE European Union's Agriculture Commissioner Franz Fischler has ruled out an y talks within the WTO framework on liberalising trade in farm produce before 1999. Liberalising trade In agricultural produce "is not on the agenda" of the WTO meeting in Singapore, Mr
        AFP  -  77 words
      • Article
        Lock icon 1907 decisive for Russia's WTO bid
        64 9 AFP RUSSIA expects 1997 to be a decisive year in its efforts to join the WTO, Deputy P rime Minister Oleg Davydov said here yesterday. Mr Davydov, who was invited as an observer, said Russia, which is among about 30 countries waiting to join,
        AFP  -  64 words
  • Page 8 Advertisements
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      180 8 ATTHE WTO MC1996, ALL PARTICIPANTS WILL HAVE EQUAL POWER. The new BMW 728 i is the official vehicle for the 1996 WTO The World" by readers of "auto motor und sport", one of And its spacious interior is appointed with sublime luxui Ministerial Conference in Singapore. All Heads of Delegation
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  • ASIA
    • Article
      Lock icon Hashimoto admits being careless in taking donations
      343 10 TOKYO PM wants to return money to firm linked with group in bribery scandal AFP JAPAN'S Prime Minister Ryutaro Hashimoto yesterday blamed himself for being "careless" for taking donations from a firm linked with a welfare group at the centre of a widening
      AFP  -  343 words
    • Article
      Lock icon Japan's economic recovery still slow: EPA
      193 10 TOKYO Reuter THE government yesterday said that Japan's economic recovery remained slow, but it sounded a note of increased optimism by highlighting better output, especially of vehicles and communications-re-lated products. The overall phraseology of the Economic Planning Agency's (EPA) monthly economic report, which is
      Reuter  -  193 words
    • Article
      Lock icon Half tonne of silver seized from Indian ex-chief minister
      242 10 MADRAS Reuter POLICE have seized half a tonne of silver in raids on the homes of India's best-known woman politician who was arrested at the weekend in a corruption case, according to a police lawyer. "The police have recovered. among other
      Reuter  -  242 words
    • Article, Illustration
      Peters ends NZ bidding war by choosing National
      705 11  -  AUCKLAND Maori leader made DPM, Treasurer as he gives Bolgpr's party its 3rd term in office By\ David McLoughlin MAVERICK politician Winston Peters, who has held New Zealand to ransom in a bidding war for power since the inconclusive general election two
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    • Article
      Lock icon NZ$750m used car import scam uncovered
      91 11 AFP [WELLINGTON] New Zealand's Serious Fraud Office (SFO) said yesterday it was likely to lay criminal charges over the import of used Japanese cars, claiming buyers here had been fleeced of more than NZ$75O million (***** million). SFO director Charles Sturt said in a
      AFP  -  91 words
    • Article
      Lock icon Korean govt urged to act to boost stock market
      250 11 SKOUI Reuter THE ruling New Korea Party and the Korea Investment Trust Companies' Association yesterday urged the govern ment to take steps to btwst the sagging stock market, includ ing a delay in the planned sale of Korea Telecom shares. "The
      Reuter  -  250 words
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      523 10 SINGAPORE'S "OLDEST" PERSIAN CARPET COMPANY 1 No mystique in this magnificent I investment A good Oriental carpet has a charisma which derives from an aesthetic fusion of design, artistry, technical construction, durability, symbolism, history and ago. j he better the carpet the more powerful the charisma, and additional factors come
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      Page 10 Advertisements Column 2
      83 10 sfo m c > IT wu&uufiib' V fl| ■l ;i V |f^■Kjß&^ Con^iDElißliaßMiiaMiiliaiMHißiß^^M rfPI /i]lliS^nlVilVEni9(Vlnf!VlV9lSVllHp^^H^^^^H yg imMjijingßgisjgEmg^^^^g J.P. Bastiani Mediterranean Bar Restaurant was declared winner of the Best Dining Experience' at the Singapore Tourist Promotion Board's 11th Tourism Awards. Congratulations! Join us this Christmas for the Best Dining Experience. For
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      Page 11 Advertisements Column 1
      107 11 Calls to Malaysia slashed by up to 43%! f ••i' '"1 ,L-< Mii-J- IV -X J/" N""'/,, -wr Left your heart in Penang? Ipoh? Or was it Sarawak? It doesn't matter. Because the Sill2dDOr6 cost of calls to Malaysia will be slashed from 1 January 1997. Call these states in
      107 words
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      Page 11 Advertisements Column 2
      117 11 Enormous Investment Potential. WmLU :vxn Panoramic River Views to Match. 26 St George's Terrace, Perth. Panoramic parkland and river views. Opportunity to purchase at massive > 17 storey office building. d,scoum cost. >• Situated in a prime location in the Perth cbd. A 516.75 million >■ The Perth office market
      117 words
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  • THE WORLD
    • Article
      Lock icon US Q3 trade deficit up 19.3%
      474 12 WASHINGTON Current account deficit hits USs4Bb against expectations as demand for US goods stays sluggish Bloomberg Business News THE US trade deficit in goods, services and investments widened 19.3 per cent to a new high during the third quarter as the merchandise shortfall increased,
      Bloomberg Business News  -  474 words
    • Article
      Lock icon News of Iraqi crude exports fails to dent oil prices
      332 12 LONDON AFP IRAQ'S announcement yesterday that it had resumed crude exports for the first time in over six years sent a shiver through the oil market, but without threatening the current strength of crude prices. The benchmark price of Brent
      AFP  -  332 words
    • Article
      Lock icon BCCI creditors get US$ .35b pay-out
      239 12 LONDON AFP AROUND 30,000 creditors of the Bank of Credit and Commerce International (BCCI) are receiving a pay-out of US$l.35 billion (5J1.89 billion), a quarter of the money they lost when the bank failed, liquidators in London said yesterday. These are the first payments
      AFP  -  239 words
    • Article
      France to unveil new terms for Thomson sale
      144 12 PARIS THE French government is set to unveil new terms for the privatisation of electronics group Thomson this week, one week after its dramatic decision to suspend the politically sensitive sale. Official sources said yesterday that the new terms would be announced
      144 words
    • Article
      Asian ties hinge on postings in US State Dept: envoy
      383 12  -  SINGAPORE Toh Han Shih THE new US Secretary of State designate, Madeleine Albright, is primarily a Europeanist, so US-Asian relations will depend importantly on who is appointed to her department's Asian posts, says the US' first Asian-born ambassador, Julia Chang
      383 words
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      Page 12 Advertisements Column 1
      104 12 NINE EXTRA GOOD REASONS TO FLY THAI. We're pleased to announce a number date with important news for both service to you, both in the air and on of exciting service and product the business and vacation traveller. the ground. innovations that will make the For more information about any
      104 words
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      Page 12 Advertisements Column 2
      10 12 Daewoo told to negotiate Thomson bid with Paris, Pg 19
      10 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Ramos shows IMF the error of its ways
      683 13  -  THE BOTTOM LOVE OPINION By Al Labita The writer is BT's Manila correspondent WHEN Manila passed a new tax law late last month, critics quickly tagged it as another capitulation to the dictates of the International Monetary Fund The reaction was understandable.
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    • Article
      IN OTHER WORDS
      159 13 The Kamasutra has been really seriously misunderstood by entering the vernacular as a sort of pop-up book on sexual positions.' -MiraN&ir acclaimed Indian film director who has made a film based on the Indian classic, and whose other works include Mississippi Masala and Salaam Bombay. Really, the
      159 words
    • Article
      Sino-Indian ties rekindled
      581 13 EDITORIAL WHEN Indian businessmen met during a global entreprenuers conference in Singapore earlier this year, some of them talked about recapturing the vibrant ancient trading links between India and China Chinese President Jiang Zemin gave that dream a boost during his recent trail-blazing swing through South Asia.
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    • Article, Illustration
      Lock icon Dockside showdown
      1104 13  -  The Howard government's clash with Australia's nnions begins over port reform By\ Peter Lynch The writer is a Sydney-based journalist who contributes to BT EVER since John Howard came to power with a mandate to reform industrial relations, Canberra has been waiting for a showdown with Australia's militant
      FILEPHOTO  -  1,104 words
    • Article
      WHAT THE OTHERS SAY
      816 13 Sewer of US camptiga money WHEN the final figures are in, it is likely that close to US$l billion (Ssl.4 billion) in campaign money will have been collected in the election cycle that ended in November. And in the most expensive election in history, roughly one-tenth
      816 words
  • Page 13 Miscellaneous
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon The crown grows heavy
      859 14 Crown Princess Masako makes her first solo appearance before the Japanese press NYT IN HER first solo news conference with Japanese reporters, which was made public on Monday, Crown Princess Masako spoke vaguely about searching for a balance between her own identity and the traditional role
      NYT; FILE PHOTO  -  859 words
    • Article
      Lock icon Order now or order not
      451 14 SHOPPING Mail order companies running low on stocks this Christmas as demand surges NYT (NEW YORK! Don't count on getting that Gore Tex hat for your brother-in-law from LL Bean this Christmas. Lands' End, too, has a bit of bad news about its slippers. Would
      NYT  -  451 words
    • CHATTER Box
      • Article
        Lock icon Teddy Eddy sold for £4.500
        56 14 AFP [LONDON] A lipansssi.nttM.ua whuafrsadyownaonsof far a British be®* known ss Teddy Edward at a Christie s auction hsre. The stuffed bear, which inspired a sold afterfisces bidding at the London showroom for mors nrrt the tmrrrmt ttw airtlimasi i hail astlmstnrt Yoshlhlro 3*klgnrhl,flQ, who
        AFP  -  56 words
      • Article
        Lock icon Gielgud gets top royal honours
        108 14 AFP [LONDON] Qussn Elizabeth lion Monday appointed John Gielgud, widaiy regarded as Britain's most distinguished actor, a member ofths Oder of Merit, the highest accolade the sovereign can offer. Gielgud, 92, is still working after a caresripanning 78 years on stags, film, television and radio,
        AFP  -  108 words
      • Article
        Lock icon Paris library named after Mitterrand
        78 14 AFP [PARIS) The nsw home oftheßibUothsque National de Francs so Paris' Left Bank is to be namsdaflsr Francois Mltttmnd, who ooncaived it in his dying years in office, thsSysse confirmed on Monday. Ths monumental building, in the shape offoiir giant opened hooka, is tobe inaugurated
        AFP  -  78 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      299 14 Peugeot Zooms Past Ferrari, BMW i v :-■>■ 4 .ei- > And Mercedes To Take First Place if fflffPiP §jp > --saw? %T~- Introducing The All-New Piuceot 406 Wmm w WMiP yf iK&Si&BK II •1J ft 10 Lint Electronic Fuel-Injection ABS«lVwAirbap Ciuac Control Leather Setts Auto Rain-Sensitive Wipar Anti-Pinch hwriy»ti
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
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      Page 15 Advertisements Column 2
      108 15 r BiGGEST Dian Xin Restaurant At The Neptune on Shenton Way Dian Xin/Lunch l|/g <ri j 11.30am-2.30pm tWM 7TH FLOOR. OVERSEAS UNION HOUSE. COUYER QUAY. SINGAPORE *****1. TEL: 224 3922 1 S»hV your feefU succtJeibCUeice l/S &«ef jucU mi T<»i>«rtoi«v T-ttfne, Sirloin or Rifeeye for only I l.tsl Or Savour
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  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      768 15 TVVRADIO Premiere 12 4JO The Three Stooges 800- 12.00 MN WTO Conference by Dupes. Special: German Movie —-.i,, 9.00 AM WTO Ministerial 430 Hogan Heroes. Over the Edge (See High- V r 3» Conference Brought To 8.00 Sell-A-Vision fr). lights). Xi~ You Live On The WTO 0.00 see Thursday's Sched-
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      308 15 CRYPTIC CROSSWORD 1 American beggar a kitchenworker?(lo) j 9 Female soldiers after compa- -^LJ- 10 A rousing outdoor perfor- MM ~lhT~ mance! (4.6) comes back a new coil of fabric (6) 12 Cheeky, but attractive, fea--15 Unusually angered and upset jy— 16 One up with an amendment TBB" 17 Sounds
      308 words
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  • COMPANIES & MARKETS
    • Article
      L&M writes off $33m, plans asset injections
      375 17  -  It may boost capital with rights issne By Ven Sreenivasan [SINGAPORE] L&M Group Investments is writing off several of its money-losing overseas projects, while plans are afoot to inject new assets to strengthen its capital base. The company, which was acquired by an
      375 words
    • Article
      Lock icon Taiwan firm plans mid-97 SES listing
      91 17 Bloomberg Business News [TAIPEI] Hotung Venture Capital Corp, one of Taiwan's largest venture capital companies. plans to list its shares on the Stock Exchange of Singapore in mid-1997, a company executive said. Hotung, which manages NT$3.B billion (*****.5 million), still needs Singapore regulatory approval
      Bloomberg Business News  -  91 words
    • Article
      Wong's Circuits IPO subscribed 10.5 times
      195 17 [SINGAPORE] Wong's Circuits netted a 10.5 times subscription rate at the close of its IPO yesterday a sign that positive sentiment for IPOs is finally spilling over to US-dol-lar issues. The Hongkong printed circuit board maker had offered 43 million shares at 88 US
      195 words
    • Article
      Bank stocks will set the course for Indon bourse
      807 17  -  HOCK LOCK SIEW S N Vasuki THE Jakarta stock market, one of the region's underperformers this year, has staged an impressive rally. From a level 0f570 a few weeks ago, the Jakarta Stock Exchange Composite Index closed yesterday at 626.68. Analysts
      807 words
    • Article, Illustration
      Lock icon CCL eyes new ventures such as bus assembly
      341 17  -  Property development to get more focus despite downturn Byi Christopher Tan [SINGAPORE) Property and motor conglomerate Cycle Carriage Ltd (CCL) is on a diversification trail, and will have at least one new core business in the near future. "We're looking at other
      FILE PHOTO  -  341 words
    • Article
      CCL wins Aussie Audi franchise
      331 17 [SINGAPORE] Cycle Carriage (CCL), Ong Beng Seng of Hotel Properties and Metro's Jopie Ong have tied up to land the Audi franchise for Australia. Listed CCL, which secured the distributorship formerly held by Inchcape's TKM, also distributes Chrysler and Hyundai in the country. "This will
      331 words
    • Article
      OCBC'S M'sian broking interest to seek listing
      191 17 [SINGAPORE] OCBC Bank said yesterday that its Malaysian stockbroking interest was seeking a listing on the main board of the Kuala Lumpur Stock Exchange. OCBC said the listing of TCL Premier Holdings (TCL) would involve an issue of 12.5 million shares of Msl
      191 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Tongkah's thinking of listing more units
        564 18 Manufacturing firms may go first followed by financial services farther down the road Reuter [KUALA LUMPUR] Diversified Tongkah Holdings Bhd is considering listing shares of its manufacturing units and may later make a similar move for its increasingly dominant financial service businesses, its chief
        Reuter; REUTER  -  564 words
      • Article
        Lock icon Telekom to relaunch mobile service
        136 18 Bernama [KUALA LUMPUR] Telekom Malaysia Bhd will relaunch its recently acquired Emartel mobile telephone service by year's end. its chief executive Mohamed Said Mohamed Ali said. "We will launch the service real soon with a new name and logo." he told Bernama here. Telekom Malaysia
        Bernama  -  136 words
      • Article
        United Engineers clinches M$100m hospital deal
        282 18 It will provide technical services to nine M'sian hospitals [SINGAPORE! Singaporelisted United Engineers Ltd has clinched a Msloo million (5555.5 million) contract to provide supporting technical services to nine hospitals in six Malaysian states. The five-year contract, awarded by Faber Mediserve Sdn Bhd. subsidiary
        282 words
      • Article
        Lock icon B Leisure profit leaps 84%
        152 18 Bernama [KUALA LUMPUR) Berjaya Leisure Bhd posted a group pre-tax profit of M 5133.638 million (Ss74 million), up 84.4 per cent, for the first half-year ended Oct 31, 1996 from M 572.485 million for the previous corresponding period. The performance was achieved on a group
        Bernama  -  152 words
      • Article
        Lock icon Metroplex to buy Burswood casino in Perth for A$93m
        247 18 Reuter, Bernama [KUALA LUMPUR] Metroplex Bhd said yesterday that it has agreed to buy all the assets and management rights of Victoria Co (Resort) Pty Ltd's Burswood Resort Casino in Perth, Australia, for As 93 million (Sslo4 million). It was also
        Reuter,; Bernama  -  247 words
      • Article
        DRB earnings jump 95%
        231 18  -  Interim Ms6l.4m profit beats expectations tYoi Ruth Wong m Kuala Lumpur DIVERSIFIED Resources Bhd (DRB), the flagship of motor king Yahaya Ahmad, has posted a sharp 95 per cent increase in group net profit to M 561.39 million (Ss34 million) for the first six months ended
        231 words
      • COMPANY Briefs
        • Article
          Koh Brothers seek nod on flat sales
          107 18 (SINGAPORE] Koh Brothers has issued a circular to shareholders seeking their approval for the proposed sale of some units in its residential development called The Sierra to interested persons in the company. The proposed sales are to deputy chairman and substantial shareholder Koh
          107 words
        • Article
          Lock icon Creative in tie-up with US chip firm
          71 18 Reuter {SINGAPORE] Multimedia company Creative Technology said yesterday it has signed an agreement to form a strategic alliance with Rockwell Semiconductor Systems Inc. Creative and Rockwell intend to develop, market and supply high-speed communications products, including 56 kllobits-per-second modems and video conferencing solutions,
          Reuter  -  71 words
        • Article
          Wing Tai ups stake in KL company
          108 18 [SINGAPORE] Wing Tai Holdings has acquired one million shares in DNP Holdings for M 52.08 million (551.15 million). DNP is an associated company listed on the Kuala Lumpur bourse. The shares represent a 0.32 per cent interest in the issued share capital of
          108 words
        • Article
          Maurice Baker joins Kim Eng audit panel
          22 18 [SINGAPORE] Kim Eng Holdings appointed Dr Maurice Baker to its audit committee earlier this month.
          22 words
      • Article
        Sinar Mas says it won't inject cash into Amcol
        348 19 Takeover will help group gain better credit access, says chairman [JAKARTA] Sinar Mas chairman Eka Tjipta Widjaja has said his group will not inject cash into the troubled Singa-pore-based Amcol Holdings. He said his local companies would take over the majority
        348 words
      • GLOBAL Briefs
        • Article
          Lock icon Acer Jan-Nov sales down 4%
          57 19 Reuter [TAIPEI] Taiwan computer giant Acer Inc's combined January-November sales fell 4.1 per cent to NT553.5 billion (552.7 billion) from the same period a year ago, a company statement said yesterday. In November, Acer's sales were NT55.56 billion, down 35.3 per cent from November 1995.
          Reuter  -  57 words
        • Article
          Lock icon Mei Ah may invest in China theme park
          91 19 Bloomberg Business News [HONGKONG] Mei Ah International Ltd, a video cassette and laser disc film distributor, is considering investing in New World Development Co's theme park in China promoting Chinese gangster and gongfu movies. In a statement to the Hongkong stock exchange,
          Bloomberg Business News  -  91 words
        • Article
          Lock icon Nestle to buy Canadian ice-cream maker
          59 19 Bloomberg Business News [TORONTO] Nestle SA's Canadian unit has agreed to buy the ice-cream division of Ault Foods Ltd for Cs22l million (SS22B million). Ault is the Canadian licensee for Grand Metropolitan pic's Haagen-Dazs brand of ice-cream, and makes frozen novelties for Unilever pic's
          Bloomberg Business News  -  59 words
        • Article
          Lock icon Deutsche Telekom to save 80m marks
          74 19 Bloomberg Business News [BONN] Deutsche Telekom AG said on Monday it expected to save as much as 80 million Deutschemarks (Ss72 million) a year by closing four out of 10 facilities used in connection with the modernisation of Germany's telephone system. The national phone
          Bloomberg Business News  -  74 words
      • Article
        Lock icon Paper unit to invest US$3b in China: Widjaja
        183 19 Reuter [JAKARTA] Indonesia's Sinar Mas Group, through its subsidiary Asia Pulp and Paper, plans to invest US$3 billion (554.2 billion) in China, the Bisnis Indonesia daily reported yesterday. The newspaper quoted the founder of Sinar Mas conglomerate Eka Tjipta Widjaja as saying
        Reuter  -  183 words
      • Article, Illustration
        Lock icon Telephone line
        64 19 (SYDNEY] A man making a call on Monday on one of the public telephones located at Sydney s Central railway station The Australian senate is expected later this week to approve the sale of the AsB billion (SS9 billion) one third privatisation of Australia's telecommunications carrier Telstra Corp,
        REUTER  -  64 words
      • Article
        Lock icon Daewoo told to negotiate Thomson bid with Paris
        177 19 Daewoo Electronics chairman in France to discuss deal AFX-Asia, Reuter [PARIS] Daewoo Electronics Co Ltd's bid for Thomson Multimedia "can be maintained", but the company should in future have to negotiate with the government instead of with Lagardere SCA. said National Assembly
        AFX-Asia,; Reuter  -  177 words
      • Article
        Lock icon APT cuts IPO target by HK$154m: report
        143 19 Reuter [HONGKONG] Satellite service provider APT Satellite Holdings Ltd has lowered its listing target by HK$l54 million (5527.9 million) to HK$l.B6 billion, eight days before it is due to start trading, the South China Morning Post said yesterday. APT has cut the top
        Reuter  -  143 words
      • Article
        Lock icon Australian insurer's profit up 82.6%
        132 19 Reuter (MELBOURNE] Newly listed Australian insurance and funds management group National Mutual Holdings yesterday posted an 82.6 per cent rise in annual profit, beating prospectus forecasts and paying a handsome dividend to giant French parent Axa. The company said a key factor in its sharp
        Reuter  -  132 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Microsoft, Intel launch Internet videophone
        135 20 AFP [NEW YORK] Software giant Microsoft and chip maker Intel Corp said yesterday they launched a videophone Internet product that allows users to see and hear each other through personal computers. Intel said the product uses its Pentium processor PCs, which run Microsoft's Windows 95
        AFP  -  135 words
      • Article, Illustration
        Lock icon More US companies seen going for stock splits
        476 20 Rising markets, strong earnings may mean more firms will follow Dell, Microsoft Bloomberg Business News (NEW YORK] Microsoft Corp and Dell Computer Corp shares rose to record highs in the first day of trading after the technology companies split their stock on
        Bloomberg Business News; Source: Bloomberg  -  476 words
      • Article
        Lock icon Philips to sell state-of-art TV plant in Tennessee
        241 20 Mm marks first US sale in company's worldwide shake-up Bloomberg Business News [EINDHOVEN, Netherlands) Philips Electronics NV said it agreed to sell its television plant in Greeneville, Tennessee, marking the first US sale in Philips' worldwide shake-up of its consumer electronics operations.
        Bloomberg Business News  -  241 words
      • Article
        Lock icon JC Penney to sell 161 drug stores
        244 20 Bloomberg Business News [WASHINGTON] J C Penney has agreed to sell 161 drug stores in the Carolinas to win antitrust approval to complete its US$3.3 billion (554.6 billion) acquisition of Eckerd and become the second-largest drug-store chain in the US. The agreement with
        Bloomberg Business News  -  244 words
      • Article
        Lock icon Netscape ties up with 5 regional phone companies
        187 20 NYT [SAN FRANCISCO] Netscape Communications Corp on Monday entered a strategic marketing agreement under which five regional telephone operating companies will make Netscape Navigator their primary browser software for the Internet. According to the terms of the deal, Internet users will be
        NYT  -  187 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Homestake offers US$2.3b for Santa Fe
        237 21 NYT [NEW YORK] In an attempt to rise among the leaders in North America's gold-mining industry, Homestake Mining Co said on Monday it had offered US$2.3 billion (553.2 billion) to acquire Santa Fe Pacific Gold Corp, exceeding the Newmont Mining Corp's rival offer by
        NYT  -  237 words
      • Article
        Lock icon Prudential Insurance of US may face ban in Florida
        381 21 Firm accused of deceiving clients; move may derail USs2b settlements with 45 states Bloomberg Business News [TALLAHASSEE, Florida] Florida regulators sought to ban Prudential Insurance Co from selling life insurance in the state, accusing it of deceiving as many as 100,000
        Bloomberg Business News  -  381 words
      • Article, Illustration
        Lock icon Bre-X says no Indon deal yet
        368 21 Discussions with Barrick on Busang gold mine continuing Reuter [TORONTO] The rights to Bre-X Minerals Ltd's huge Busang gold discovery in Indonesia appeared to be up in the air on Monday despite an Indonesian government statement declaring Canada's Barrick Gold Corp the winner. "We
        Reuter; Source: Bloomberg  -  368 words
      • Article
        Lock icon Bidding to sell US$1b Philippine bonds
        202 21 Bloomberg Business News [MANILA] CS First Boston and JP Morgan have proposed the sale of up to US$l billion (SSI-4 billion) in 30-year bonds on behalf of the Bangko Sentral Ng Pilipinas, the Philippine central bank said. The two institutions join Morgan Stanley. Salomon
        Bloomberg Business News  -  202 words
      • Article
        Lock icon Two Japan brokers to merge ahead of Big Bang
        347 22 Deregulation stakeout may see wave of mergers, even collapses, among second-tier brokers FT [TOKYO] Two medium-sized Japanese stockbrokers are to join forces to face the increased competition expected after government plans for a "Big Bang" financial deregu lation. The merger of
        FT  -  347 words
      • Article, Illustration
        Lock icon Keeping tradition alive in banking
        64 22 [TORONTO] Canadian natives standing in the lobby of Toronto Dominion Bank waiting to take part in a ceremony announcing a new aboriginal bank on Monday. The ceremony was to launch First Nations Bank, thefirst all-native financial institution in Canada. First Nations is receiving start-up capital
        REUTER  -  64 words
      • Article
        Lock icon Fidelity to relocate fixed income group to cut costs
        308 22 Bond and money market teams to go to New Hampshire Bloomberg Business News [BOSTON] Fidelity Investments is planning to move its entire bond and money market investment groups, to Merrimack, New Hampshire, in an effort to reduce costs. The relocation is
        Bloomberg Business News  -  308 words
      • Article
        Lock icon Johnson Controls to sell plastic container business
        281 22 NYT [MILWAUKEE] Johnson Controls Inc will sell its plastic container business to a unit of Germany's Viag AG in an agreement analysts valued at between US$45O million (Ss63o million) and US$65O million. The container business, based in Manchester, Michigan, employs about 2,100 people
        NYT  -  281 words
      • Article
        Lock icon Foreign banks lend more in Shanghai
        235 22 Outstanding loans outstrip Chinese rivals' loans for first time: report AFP [SHANGHAI] Outstanding foreign currency loans of the 43 foreign bank branches in Shanghai at the end of October have exceeded those of their Chinese counterparts for the first time, a newspaper reported yesterday.
        AFP  -  235 words
      • Article
        Lock icon Euroyen down in thin trade
        232 22 SIMHX Report Reuter [SINGAPORE] Simex Euroyen futures came under slight pressure from an unexpected rise in Japan's machinery orders for October. But dealers said volumes were thin and trade was confined to narrow ranges as interest dwindled ahead of the year end. "The selling brought
        Reuter  -  232 words
      • Article
        Lock icon CURRENCY REPORT
        164 22 Reuter AFP London THE dollar drifted slightly lower in quiet trading dominated by the firmer pound and the soggy Swiss franc. Dollar/yen softened amid talk that Kampo, the giant Japanese postal fund, is set to hedge foreign bond risk when necessary. A big Japanese securities house and a
        Reuter; AFP  -  164 words
      • Article
        Lock icon Oil prices fall as Iraqi crude flows again
        305 22 ENERGY REPORT Reuter [LONDON] World crude oil prices opened lower yesterday after Iraqi President Saddam Hussein pushed the button to start his country's first crude oil exports in six years. Brent Blend crude for January delivery began the session 18 US cents
        Reuter  -  305 words
      • Article, Illustration
        Untitled
        1369 22 IMTERBAint CROSS KATB3 AS CS—»CCU Ffr D« MK$ ind H Yen Wen M$ 82$ P« Is Nse S$ Urt Sfr W7< 8* Pm* WSX A«trSia- 1.080 6.171 0.647 4224 1250 6208 ***** 8.887 0.912 6.78 2.024 1141 ***** ***** 1125 3.743 LOU 22.072 20.696 0.486 o aol* Canada 0.926 6.556
        1,369 words
    • Article
      COMMODITY PRICES
      1776 23 SICOM FUTURES Dec 10 RUIMf (M«m ctMinf ««t SJ0*m) RSS1 CONTRACT** ctatsAq) Clost VotWM OpM Low Sttt (Iww) ttitrwt JM 97 174.50 350 FM 97 177.50 177.50 T77.75 600 2350 Mar 97 <8150 ***** 181.50 300 1975 Apr/JM 97 184.25 4200 Jtf/Stp 97 184.00 185.50 184.00 1800 5310
      1,776 words
    • Article
      WORLD STOCK MARKETS
      2382 23 LOMBON Mntriais e*w Pwtt AB Ports 271.400 unch AM>ay National 703 14.400 AMad Domacq 428 .600 Amac 89.400 unch AM< Group 120 .400 BAT Ind 487 33.600 StCC 270 *4 BOC Croup 900.400 a 3 BR Patrolaum 685.400 1 BTR 250 16.800 Bank of Scotland 296.400 6.400
      2,382 words
    • Article
      Lock icon TOKYO
      1673 23 Reuter Q Nikkei 225 ♦2M.41 STOCKS pocketed handsome gains yesterday, helped by Wall Street's rebound overnight and bullish semiconductor data, brokers said. They said investor interest in high-tech shares, in particular, propelled the indices. The 225-share Nikkei Average closed at 20,822.12, up 218.41 points. Its December futures gained 120
      Reuter  -  1,673 words
    • Article, Illustration
      Lock icon HONGKONG
      1643 24 AFX-Asia .Q Hang Seng +***** SHARE prices closed higher yesterday, with gains in selected blue chips and a strong rally in China-related stocks. The Hang Seng Index closed up 198.23 points at 13,342.46. Turnover was HK$9.l6 billion. The December futures contract was last quoted at 13,420. while the January
      AFX-Asia  -  1,643 words
    • Article, Illustration
      Lock icon CHINA
      707 24 Reuter n Shenzhen Binder -427 THE Shenzhen B market fell yesterday on profit-taking after steep rises over the past few sessions. The B Index fell 4.27 points, or 2.2 per cent, to 193.87. Turnover was HK5724.79 million compared with HK5779.22 million the previous session. Analysts said profit-taking hit counters
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  707 words
    • Article
      Lock icon TAIPEI
      406 24 AFP VP Index ***** SHARE prices finished higher yesterday as players bought blue chips at lows for medium and long term investment. "Bullish trading at the over-the-counter market sucked capital from the bourse, but some players managed to buy blue chips at lows with optimism for medium and long
      AFP  -  406 words
    • Article
      Lock icon WELLINGTON
      275 24 Reuter n Wellington -160 STOCKS ended lower yesterday on turnover inflated by activity in the Tenz fund and Lion Nathan. The NZSE-40 Capital Index lost 3.60 points at 2,357.57 on turnover worth NZ$B4 million. Reuter 0»c K) «tt 000) A MZ Banking 9.09 020 ***** Advantage Mldgt 1.25 uncti
      Reuter  -  275 words
    • Article
      Lock icon MANILA
      349 24 AFP PMaaila +3&22 SHARES increased 1.2 per cent yesterday, rising alongside foreign stock markets. The PSE Composite Index rose 38.22 points to 3,128.38. Turnover was 7.7 billion shares worth 2.4 billion pesos. PLDT rose 10 pesos to 1,525, while Petron Corp gained 10 centavos to 8.90 pesos. The Manila
      AFP  -  349 words
    • Article
      Lock icon SEOUL
      412 24 AFP rl Composite Index +10.66 SHARE prices closed higher yesterday amid rising expectations that the government would intervene with marketboosting measures. "Investors gained confidence following the ruling party's recommendation for the government's bailout steps," said a trader. The Composite Index rose 10.66 points to 702.83. Turnover was 23.9 million
      AFP  -  412 words
    • Article
      Lock icon SYDNEY
      609 24 AFP n All Ordinaries +22A SHARES rose yesterday to recover another third of last week's losses amid further positive news from Wall Street. The market rallied on signals that Wall Street had ignored comments by Federal Reserve chairman Alan Greenspan, which sent international markets into free-fall. The All Ordinaries
      AFP  -  609 words
    • Article, Illustration
      Lock icon JAKARTA
      772 24 Bloomberg Business News P Composite Index -7.90 STOCKS fell as market bellwether PT Telkom tumbled 6 per cent on speculation the government will soon sell up to 15 per cent of its stake in the company* The government owns 80 per cent of Telkom. "Rumours are very strong that
      Bloomberg Business News  -  772 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Finance stocks the main interest
        8579 25 AFX-Asia Composite Index -*-1122 SHARE prices closed higher in thin trading, led by financial stocks, dealers said. The KLSE Composite Index closed up 11.22 points at 1,214.58. Turnover was 196.15 million shares worth M 51.38 billion. The Second Board Index was up 27.83 at 562.77.
        AFX-Asia  -  8,579 words
    • WARRANTS & OPTIONS
      • Article
        JC-MPH wrts worth considering
        4127 26  -  WARRANT WATCH R Sivanithy SOME of the "cheaper" warrants in the local stock market that perked up slightly yesterday are those issued by Jack Chia-MPH. Time is not a problem with these instruments as they expire in the year 2000. They have an exercise price of
        4,127 words
    • Article
      CLOB INTERNATIONAL
      2593 26 MALAYSIAN STOCKS Cr Cr 1996 Last Vol Day Last Quote Ofv Olv YM Nat M Cap High Low Stno Company Sal* I'OOO) HkjM Low Buyar SaHar C'yr P/E Smll ~625 360 m s 5000 AtSB 50c 378 CO *2 25 382 378 378 380 5.0 4.9 0.4 80.1
      2,593 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1523 27 TURNOVER 000) VALUE ('000) M*Jn Cto> T»t1 Matn CI— T«H IrxkiHrni 31,230 5.660 36.890 76,893 13,805 90.398 Fwanc* 4.225 1,877 6.102 55.062 4,250 59.312 J*N<i 666 144 810 1.839 2S3 2.092 Prop«rtt*s 7,102 1.974 9.076 63.967 2.350 66.337 Plantation 264 264 5«0 580 Minmq 112 112 279 279 BL* 6.072
        1,523 words
      • Article, Illustration
        Untitled
        233 28 Stocks Volume OssialntllOc 4,045,000 City Dev 50c 3,819,000 Nobel Design 5 3,175,000 DairyF US$0.05 3,113,000 Kim Enq Wt97 2,864,000 Labroy M 20c 2,305,000 Flextech 15c 2,135,000 JSH Wt98 2,063,000 Wee Poll 20c 2,044,000 UPP 25c 2,006,000 Stocks City Dev 50c 49,551,600 OCBC Foreign 22,568,780 DBS Foreign 17,564,417 U08 Foreign 8,083,483
        233 words
      • Article, Illustration
        HOT STOCK
        69 28  -  by Shiv Taneja CITY DEVELOPMENTS shares look like a sell at current levels, with weekly RSI and Stochastics past 75. Directional indicators also point towards downward pressure in the medium term. Yesterday. CityDev closed 10 cents louder at $12.80 on a volume of 3.8 million units. Investors should
        69 words
      • Article, Illustration
        STII regains 2,200 level as fears of US rate hike recede
        657 28  -  STOCK MABKBT COMMENTARY Electronics stocks back in favour as latest US semiconductor industry's key indicator shows healthy recovery By R Sivanithy [SINGAPORE] US interest rate fears continued to recede yesterday, with a solid overnight showing on Wall Street enabling
        657 words
      • ON THE GRAPEVINE
        • Article
          A little taste of Singapore
          110 28 ONE famished journalist found to his delight that local food was being served free at the Press centre at Suntec City, where the World Trade Organisation is having its pow wow. The sign says: "A taste of Singapore". He promptly asked for one local dish
          110 words
        • Article
          Taking 'queue' from the market
          113 28 HOW does one tell when the property market is overheated and anti-speculation measures are needed? Well, one possible gauge could be the emergence of a secondary market for, yes. the queue cards for property sales. The 6,000 people who turned up at a luxury residential
          113 words
        • Article
          Christmas sizzle
          102 28 THE financial district is gearing up for Christmas with an imaginative selection of lunch-time entertainment. At Shell Towers yesterday, the Seraphim Voices, a combined schools carolling group, sang their little hearts out only to find the crowd of office workers thinning. The reason was soon obvious. Next door
          102 words
        • Article
          Santa's saucy goody bag
          92 28 DON'T fret about what to tell Santa when he asks you whether you have been naughty or nice this Christmas. In fact, turn the tabies on the jolly old fellow and ask him if he's been up to any mischief lately. You are likely to be
          92 words
        • Article
          Can see, but no touch
          75 28 THE long-awaited opening of Hooters is tonight at Clark Quay. But here's some advice for the uninitiated: keep your hands to yourself and try not to drool into your beer. For those who need to know, the restaurant is well-known in the US for its
          75 words
        • Article
          The competitive sort
          47 28 CHRISTMAS isn't just about peace on earth and goodwill, we found out. Here's a card we received from IMD International, the people who put together the World Competitiveness Yearbook. The card says: "The World Competitiveness Year book Team wishes you "A Very Competitive 1997".
          47 words
    • Article
      MAIN BOARD
      4487 27 Or Or M Wt 1996 Last Vol Oay Last Ouote Dl» Otv VM Net Cap Av« Lam SrNo Company Sale COOO) High Law Buyar SaMar C'vr P/t Smil Price INDUSTRIALS 5)46 ASE NTSlO 200 US- 1000 900 ASF US$0.***** US900 885 90 0 214 165 1258 AcarSOc US177
      4,487 words
    • Article
      SESDAQ
      870 27 StNo Comunv ill! t* Mv VM N« cZ aIJ 15 i roooi u» inw to tv r/t $mn pnc. SCSOAQ '35 2000 ABR HI<tQf Sc 170 unch 50 T72 166 169 173 3 0 14 2 01 to#* i tc i-t* 146 68 2049 AS Auto Kk MS .11
      870 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      108 17 A company's strength lies in the Backbone of its staff. The Alpha AP 5460 can be ad- tall can enjoy perfect posture, justed to suit all body heights and sitting becomes a pleasure, and working positions. The Dauphin Syacro-Balanca fea- Dauphin (S.E.A.) Pta Ltd ,l 4 52 Genting Lane, Office
      108 words
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      Page 18 Advertisements Column 1
      285 18 Turning your Accountant into Superman!? We must be kidding. Consider this weigh a man down with a ton of bricks around his neck and ask him to do a backflip. Naturally, he will not manage it. Now ask your Accountant to produce timely reports when all you have t A
      285 words
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      Page 18 Advertisements Column 2
      131 18 World Trade Organisation Ministerial Conference. 1996 Specially for Participants Guests Deluxe Unit Ss7so monthly Premier Unit SsBso monthly Executive Unit Ss9so monthly Note: The above monthly rental provides you with the following comprehensive facilities to operate your representative office or overseas branch office instantly. New self lock-up carpeted office Location
      131 words
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      Page 19 Advertisements Column 1
      117 19 e™r Anderson Bag #9976 Cabin Bag (Medium) .502 Mm, Mu.ppc, .9995 16 10 12" x 8" $355 22'/i" x II" x 9" $909 12" 5" $.89 Wxr'w." $229 U-Th- xT Vll" Metropolitan Uriel #5180 Lula s Legacy .9952 Tie Case #7229 l« 11" «J" $615 97." X II" 5V," $W5
      117 words
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      250 20 IH TO RECEIVE MORE INFORMATION PLEASE COMPLETE THE FORM BELOW OR ATTACH YOUR BUSINESS CARD I I FAMi'LY NAME FiRCT NAME H I CORPORATE TITLE I I COMPANY TYPE OF BUS IN ESS I I ADDRESS I I VEL S8 EMAIL I I PLEASE RETURN TO CHRISTINE HESS, THE ECONOMIST
      250 words
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      Page 21 Advertisements Column 1
      711 21 ism v •vSSBWfci JSfs. t Sayur lodeh, fried Hokkien noodles, gado gado, baked red snapper provencale, pizza, roast sirloin of beef, scones, waffles, ice-cream and more... (53 dishes in all!) Wake up to a tantilising assortment of international brunch favourites every Sunday. Make it a family affair at $66+++ for
      711 words
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      Page 22 Advertisements Column 1
      120 22 p4* p paew*. j> j trt p a j> <i t'm <v ya•*m- <v si p /J mntuup's Phillip's On-lin* Electronic Mart Sy»t«m *~7flfllffilift The Leading-Edge Technology For Independent Investors i I x, i ACCESS THE LATEST MARKET ACCESS TO STOCK ANNUAL v GET CHECK ACCOUNT WITH ANY M TOUCH-TOME
      120 words
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      Page 24 Advertisements Column 1
      88 24 Exceptional Character. JOAILLIER EN HORLOGERIE PiageT Piaget Citta, f WmS l 18 K gold, bezel 9 trilling dectron ic" mo v ement PIAGET Boutique: "01-098 Ngee Ann City Tower B, 391 Orchard Rd, Singapore *****4. Tel: 732 6831- ♦The Bangkok stock market was closed yesterday. BUY,* SELL* raw* Classified ads
      88 words
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      6 25 T R ADIN G ROOM FURNITURE
      6 words
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      Page 25 Advertisements Column 2
      200 25 FREE *1 GIVE YOUR HAIR A NEW LEASE OF LIFE One free hair care service With Hay's Formula, you need no longer worry about hair problems like balding, hair One free shampoo sample with every purchase loss, damaged hair, premature greying, dandruff, brittle hair and so on. Hay's holistic of
      200 words
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      Page 27 Advertisements Column 1
      27 27 \v *uRp to" t PF BraN haa IYOU BUY, WE FINANCE Shares Homes •OIIkys 'Shops •KkIimk' 1-A|uipnicni Vehicle's -\esscls rmmm 320 0168 SINGAPURA BUILDING SOCIETY LTD 5
      27 words
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      Page 27 Advertisements Column 2
      29 27 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. A Call C.A..T.S. at <p 1800-737-1166. |cat\&] Another Classified Service
      29 words
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      Page 28 Advertisements Column 1
      1041 28 BUSINESS Noticcs >X,UI|S < I 1011.-IKII INOO-741 ISS3 MANHANTTAN HOUSE CAR-PARKS SERVICE (PTE) LIMITED (la Mambart' Wamn Wl«<«| a»t NOTICE OF RESOLUTIONS At an Extraordinary Ganaral Meeting of the Company convened and held at 0 Battery Road §38-02 Singapore *****9 on 30 November 1996, the following Special Resolutions were duly
      1,041 words
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      Page 28 Advertisements Column 2
      74 28 Young I Parents I -When I you I want I the I best I for I your I children! You may nave Deen unable 10 get your copy 0» The Busmess Times The St'aits Times The Sunoav Times i lianHe Zaooao and off*' daily newsoapets from yow usual newsstand Because
      74 words
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      Page 28 Advertisements Column 3
      30 28 THE STRAITS TIMES CLASSIFIED ffak YOUR GUIDE TO MORE PRODUCTS SERVICES IC-A-T-S.) How to enhance your company profile? To Find out. call Joe 710 2 181 or Ronald 7M> 21)12
      30 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      297 29 Bridge News, Reuter DETAILS of concluded business were slow to emerge in most sectors of the market, but rates for Panamaxes in the Atlantic continued at firm levels, brokers said. After several busy Mondays running, the Biffex is back to its old system of offering a wait-and-see approach
      Bridge News,; Reuter  -  297 words
    • Article
      MARITIME STOCKS
      263 29 mmmmmvm w |E» w grr Dtunbutton lm -0.01 a ChuanHup 0.94 *0.005 594 Cosco hw»tn»aiil 146 -0.02 5 FtLS 7.(0 unci) 109 FfMaMLMs 0.65 -0.01 142 OSHoMngs 0.895 unch 14 HMSwit** 0.99S ♦0.005 TO WacMZasan 0.81 -0.01 62 IMC HoMbigs HK5.60 JiyaMoMlngs 1.02 unch 5 Jaranq Shipyard 6.80
      263 words
    • Article
      Kepphil Shipyard begins work on new drydock
      440 29  -  40,000dwt drydock, costing 500 m pesos, will be second largest in Philippines By. Alec Almazan in Bauan, Batangas KEPPHIL Shipyard, a member of Singapore's Keppel Group, yesterday started constructing a new 40,000 deadweight tonne drydock at its Bauan, Batangas yard, south of Manila.
      440 words
    • Article
      New port to be built at Ulsan
      309 29 Work on 3 trillion won project to start in 2nd half next year [SEOUL] A new port covering 3 million sq m will be built in Ulsan on the nation's southeast coast between 1997 and 2011 at a total cost of 2.9 trillion
      309 words
    • Article
      Lock icon P&I reinsurance rates expected to dive
      230 29 Reuter [LONDON] The cost of reinsurance for shipowners by protection and indemnity (P&I) clubs is likely to fall by up to 40 per cent next year, industry sources said. "There will be big reductions, typically up to 40 per cent," one source said. P&I
      Reuter  -  230 words
    • Article
      Proper rescue boats a must for all merchant ships
      803 29  -  STRAIT TALK By Seafarer SENDING away a boat to rescue somebody in the water has got to be well up on the list of things most ships' masters dread having to do. The reason is simple. Putting a boat away in
      803 words
    • Article
      PSA signs deal to set up logistics centres in China
      266 29  -  Working group formed with China Merchants Holdings, CWT Distribution By' Yong Mei Fong [SINGAPORE] The Port of Singapore Authority has signed a memorandum of understanding with China Merchants Holdings (CMH) to set up logistics centres in China. The authority's monthly
      266 words
    • Article, Illustration
      Lock icon Cunard aims to capture bigger slice of Indian cruise market
      325 29 Business Line [BOMBAYJ Luxury cruise operator Cunard Line is focusing on India, opening its threetiered Inner Circle Club for Indian operators and targeting 1,000 Indian passengers for its flagship Queen Elizabeth 2 (QE2) and Royal Viking Sun. Entrance to the
      Business Line; FILE PHOTO  -  325 words
    • Article
      Lock icon Holyman plans to expand into Asia
      140 29 Reuter [SYDNEY] Australian fast ferry and transport group Holyman Ltd plans to move into Asia after expanding its operations in Europe. The company's managing director Christopher Butcher said Holyman was likely to expand into Asia in the future as the cost structure for operating
      Reuter  -  140 words
    • PORT Shots
      • Article
        Maersk to start new service next year
        61 29 [COPENHAGEN] Danish shipping group A P Moeller said on Monday that its Maersk Line would open a new container service linking South Africa and Namibia with Europe and America. From early in 1997 the service would offer sailings every two weeks of vessels
        61 words
      • Article
        Lock icon Kvaerner awaits decision on order
        82 29 Bloomberg Business News [LONDON] Kvaerner ASA said it was still awaiting a decision about an order from Woodside Petroleum Ltd for an oil production ship. The company was responding to a report by Norwegian newspaper Dagens Naeringsliv which said it had been awarded a contract
        Bloomberg Business News  -  82 words
      • Article
        Carnival sells ship to IB Limited
        79 29 [MIAMI] Dolphin Cruise Line announced that the Island Breeeze (former Festivale) has been purchased by IB Limited from Carnival Cruise Lines. The purchase transaction was in the form of a seven-year charter agreement, according to PR Newswire. Under the terms of the agreement, IB
        79 words
      • Article
        Lock icon Antwerp paralysed by strike
        58 29 AFP [BRUSSELS] The port of Antwerp in northern Belgium was paralysed by a one-day strike on Monday called by Socialist and Christian unions in the Flemish public services, a union source said. He said all of the locks and the majority of the bridges at the
        AFP  -  58 words
    • Article, Illustration
      Lock icon Banks eager to lend again
      865 30 SHIP FINANCING: LOANS EASIER TO COME BY The number of banks, especially Asian ones, involved in ship lending is rising, but the maritime community is divided about whether this renewed enthusiasm by financial institutions is good or bad for the shipping industry The Journal of
      The Journal of Commerce; FILE PHOTO  -  865 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      425 30 PACE Ethiopian AEIOcean 16 EuroHansa ML 14 Evergreen AFTShpg M FL Bright ANL 3 FMG Able 16 It Famous Accord Farwide Ahrenkiel 4 FoongSun Appenship 4 Frota Astro tt Frt Links 13 Austral 9 Frt World Awant G Link B'tang Mas Gemartrans BSA
      425 words
    • Article
      SHIPPING GUIDE
      9939 38 EXPORT ETA ETA Advertiser VmhI Voyage Telephone ETA ETA Advertiser Vessel Voytge Telephone SIN Dest'n Name Name Number Number StN Desfn Heme Name Number Number MMHUMHMBMBMMMMnDMnMMNM ——————m>e«e« r<v.K r i-tr 11/B O/B SMeyas SINAR TOBA 204 *5-22*3772 A n/B l*/B Multiline KOTA CAHAYA CAHI71 *5-*****33 To ABIDJAN (ABJ)
      9,939 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        839 45 Vtittl Voy No Bfth Arrival Dopartur* Jnai Part Xne>K| I OU JM MAfud* I5.12/H00 R HUH WO* JOI «engu4* *8/0*00 s cipti 0112* joi «m«u4* a i2/o»oo tout 8.01 J8 —imrtt S.U/tMO Gam *07 J02 <nniH 1012/2)00 GaManMcoa I2/N J15 «aa«si*a 1312/0000 Mm 1 020* JO magsUl M.
        839 words
      • Article
        CONTAINER SCHEDULES
        1843 45 Boofcinq/BtUnc* Rstls Ship VoyMo Etb/Btr Ptrlod From To Fro* Ul Mum iTZT 12/1600 n/1500 >0/1659 10/1*00 2* io/i7oo n/0659 n/noo 3 n/o7oo n/n59 nmoo 4 nmoo nmn n/i TOO um*f 02** 1/0200 21 n/iroo n/ot» tvosoc n/0700 n/nn nmoo 4 aA200 n/M59 11/1700 hm woioo a 10/1700 n/o*s»
        1,843 words
      • Article
        GLOBAL HOLIDAY
        216 45 Dee 12 Georgia, Russia Constitution Day. Kenya: Jamhuri Day. Mexico Virgin of Guadalupe. Dee 13 Malta: Republic Day. Dee 16 Czech Republic Stock market closed until January 7, 1996 inclusive for Christmas/New Year. Bangladesh: Victory Day. Bahrain: National Day. South Africa Day of Reconciliation. Dee 23 Japan Emperor
        216 words
      • Article
        COCKETT BUNKER MARKET REPORT
        883 45 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and the
        883 words
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        VERITAS BUNKER QUALITY REPORT
        607 45 CwtM 180 Mii 990.0 12 14.5 0.10 64 0.00 DmS OMtitT **ter Residue As* Aluminum Sediment No above £25 0 2 0 0 0 Jk° 575/5" 380 AM 965.0 0J 13.6 0.07 33 0.00 Una 380 Mai 996.3 12 17.9 0.12 64 0J& < WW! %<W
        607 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Iata hits out at EU proposal to auction airline slots
        367 46 Such a move will increase costs rather than competition, says airline association Reuter {LONDON] The International Air Transport Association (lata) has slammed the proposal by the European Union to auction airline slots, warning that the move increase costs rather than
        Reuter  -  367 words
      • Article
        Lock icon Garuda raises domestic cargo tariffs by up to 35%
        336 46 Stronger US dollar and higher prices of jet kerosene cited as reasons for increase Reuter [JAKARTA] Indonesia's national airline Garuda has raised domestic cargo tariffs by up to 35 per cent due to higher costs blamed mainly on a strengthening dollar.
        Reuter  -  336 words
      • Article
        Lock icon Virgin Express pulls out of race for Air Liberte
        217 46 Reuter [BRUSSELS] Richard Branson's Virgin Express regional airline said it would not bid for Air Liberte, clearing the way for British Airways pic (BA) to scoop up the ailing French carrier. "We do not have the kind of willingness to lose
        Reuter  -  217 words
      • Article
        Lock icon China to set up electric vehicle production bases
        178 46 Reuter [BEIJING] China plans to set up manufacturing centres to build electric-powered vehicles, the China Daily said. The cabinet's State Science and Technology Commission has listed the development of electric vehicles as one of the key scientific and technological engineering projects of
        Reuter  -  178 words
      • Article
        Lock icon Move by 7 US airlines to introduce user fee likely to fail
        379 46 Law makers will reinstate existing 10% ticket levy Bloomberg Business News [WASHINGTON] A proposal by the seven biggest US airlines to replace an airline ticket tax with a user fee, shifting more of the burden to discount and
        Bloomberg Business News  -  379 words
      • Article, Illustration
        Lock icon Highway wire act
        41 46 [BEIJING] A worker on the ground using a pulley to raise a new highway lamp as his colleague above manoeuvres it into place to bolt it securely along a newly constructed road in rural Beijing on Monday. AFP
        AFP  -  41 words
      • Article
        Lock icon BBA to buy International Airmotive for US$185m
        254 46 Bloomberg Business News [LONDON] BBA Group pic, a UK auto parts maker, agreed to buy International Airmotive Holdings Co for US$lB5 million (***** million) to expand its aviation services unit. The transaction, in which BBA will assume US$lO4 million of Airmotive debt, is
        Bloomberg Business News  -  254 words
      • Article
        Global giants vie for Air India's US$2b deal
        302 46 [NEW DELHI) Three global aircraft giants have reportedly come out with fresh baits to bag the US$2 billion (Ss2.B billion) contract for Air India's passenger fleet, scheduled to be finalised by March next year. Aviation Ministry sources said. According to Xinhua news
        302 words
      • LOG Book
        • Article
          Lock icon Japan, US to hold preparatory air talks
          74 46 Reuter [TOKYO] Japan and the US will hold a preparatory meeting in January to discuss various aviation issues to pave the way for a resumption of negotiations which have been deadlocked since August, the Transport Ministry said yesterday. Transport Minister Makoto Koga told
          Reuter  -  74 words
        • Article
          Lock icon GE Aircraft wins order from Eva
          71 46 Bloomberg Business News [EVENDALE, Ohio) General Electric Co said Taiwan's Eva Airways Corp ordered 82 GE CF6-80series aircraft engines valued at about US$75O million (Ssl billion). Eva Airways will use the engines in a new fleet of wide body planes. The airline hasn't said
          Bloomberg Business News  -  71 words
        • Article
          Lock icon China airport to open 8 overseas routes
          73 46 Reuter (BEIJING) The Sanya Phoenix International Airport to southern China's Hainan province will open eight additional overseas air routes by the end of 1996, the Xinhua news agency said on Monday. A local civil aviation official was quoted as saying the eight air
          Reuter  -  73 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1797 46 CITY FLIGHT ETA FLIGHT ETO Abu Dhabi S0442 2000 Hangrhou S0809 2130 S08K) 1020 Adelaide S0229 2220 Hand VH741 1310 S0176 1130 Amman RJ182 1450 RJ183 2210 ***** 1910 VH740 1410 RJ8076 1715 Hat Yal MI893 1415 TG408 0820 Amsterdam S0327 0820 S0328 2320 7 2120
        1,797 words
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      Page 30 Advertisements Column 1
      1144 30 i export i i other destinations I DIRECT TO WIST COAST WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) vosa vot eta sit etpsw u oak vcr su mi hou qk ny mhkoan <nia m m nmaut maota nana* wbuwwtuu m io«Bgo ™vt NEPTUNE ALEXANDRITE 20E 11/12 12/12 27/12 21/12 01/01
      1,144 words
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      Page 30 Advertisements Column 2
      705 30 Lines services represented r J (\JEXV\ Members o»the Registry of Members of the Accredit*! Shipping Agents, Singapore Fretght Forwarder' S pore National Shipping Assoc, Association Send out 48,000 copies of your sailing schedules d Asift. Shipping Times i Iris Lim 740-2044 Tan Lip Chu&n 740-1645 Jarrod Leong 740-2089 Philip Koh
      705 words
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      Page 31 Advertisements Column 1
      1091 31 EXPORT TO: TO: JEDDAH/UK/CONTINENT IvtSSU VOY SIN JfD R'DAM H lUHC I'IUVfH SIM UH I ALSO ACCEPTING CARGO FOR: IHAKS S4M 11/11 01/01 11/11 W/01 GUSGIOW, GRANGEMOUTH MOSfl 1496 13/12 29/12 31/12 03/01 04/01 lun CfUITUCUKIIK OK 3496 13/12 03/01 02/01 30/12 31/12 mnv wUIHMIKUO [OOCIHOPt 5506 19/12 09/01 07/01
      1,091 words
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      Page 31 Advertisements Column 2
      1609 31 (g) HANJIN SHIPPING USA CANADA* UMIHAMI/VOT MM SW SEA POX TTW TOP tH DTT D» PHI BWI MUM NTC Qg YVR Im I YIA I YYC 'YK H 2S~ OS/Ql__o7/QL_ 04/01 07/01 M/oi 07/01 07/01 10/01 M/OI oi/F" "00/OT" "00/OT lyToi 701 14/01 11/01 14/01 ls/0 14/01 14/81 'V' "Tyoii
      1,609 words
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      Page 31 Advertisements Column 3
      106 31 r\m*) ORIENT EXPRESS UNES (U.K.) LIMITED UrL (MANAGER FOR SHREYAS SHIPPING LIMITED) -> WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUnLE VtSStL VOY SINGAPORE lOMIAY VtSSIL VOY lOMIAY SINGAPORE SINAR TQBA 204 11/12 18/12 SINAR TQ6A 203 03/12 n/12 NQftDKAP 404 20/12 27/12 NORDKAP 403 12/12 ***** L£ERORT 911 24/12 -01/01 LEERORT 910 17/12
      106 words
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      Page 32 Advertisements Column 1
      1438 32 <CT DSR-SENATOR in Round the World Container Sen/ices TO UK/CONTINENT FROM UK/CONTINENT ffssa Ivor jsiw 'l btm snv 1 ham |fu I *mt I lha I [ytssEi I voy lha I htm Iwv ham Iful wn sm H CHOYANG OUNCE WFTtI 1312 Mil 00 01 00 01 00 01 00
      1,438 words
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      Page 32 Advertisements Column 2
      1421 32 NORAsnn I VESSEL WOY am PKL OOA !SS^ M,N€ Sill 1™? 2KI? #1/t2 iW2 B2AI 03/01 OMI OMI I I*2? i*? 2 03*1 M*l HII lUt IUI Ml 10/01 IMI 12/n I 5f2 Si? Sd? ISE IVil 1W IMI awn i&*i i7/ti 17/n ia/01 I £2J lIS e* l ihi
      1,421 words
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      Page 32 Advertisements Column 3
      456 32 Direct Container Service to Fangcheng Zhanjiang Vessel S'pore Fangcheng Zhanjiang LiANBAO 17/12 22/12 24/12 I -it- /VOfITRANS CONVENTIONAL SERVICE TO THAILAND AND MALAYSIA BREAKBULK, RO/RO AND HEAVYUFT ANY WEIGHT THAI FLAG STATUS PRIORITY BERTHS Aril Express V.37A HPORT 13-13/12 IH7/12 17-20/12 AaiExjresVJßA 23-2S/12 26-21/12 29-30/12 3M2/D1 A* Express V.39A 05-07/01
      456 words
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      Page 33 Advertisements Column 1
      1452 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11 -01 Keppel Towers Singapore *****5 Tel: *****88 Fax: *****17 SAIAH BRUNEI CONVENTIONAL SERVICE HO CHI MINH FULL CONTAINER SERVICE jVKSa I VOT I«H KIM lUK |vtSSU VOY fTA SM (SAT) ita HCM (TUEsT smnsHOH mm m/h ii/n 19/n miint makakov V9623H
      1,452 words
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      Page 33 Advertisements Column 2
      2038 33 ■SiWSVaWVSVSV ACCEPTING SAILINGS fIH M week for 1 H A A SINGAPORE EUROPE SERVICE J I ?H G A'?«2?.«£JLi G 4JOSW2 tOHOdIOfFKE: r. «n nV,,,oiw"J lILIJ Ell ,IDC UUS/IK6S <*****1/43 INWARD MPT ID/01 42DS7IS COSTAR AGENCIES (M) SDN BHD TOWER TWO (*****9) CONVENTIONAI *****50/SS T/SHPMT DEPT *****2S TEL 02-07-35 *****
      2,038 words
    • Advertisement
      Page 33 Advertisements Column 3
      471 33 /-/JPERKAPALAN DAI ZHUN A jiff TONG JOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 KUCHING-FASTiST TRANSIT/ MUARA-PRIORITY BIRTH HO CHI MINH-DCDICATiD ~7 GISOON 9690 13/12 GIHO ***** 15/12 GIHUAT AS 506 13/12 GIKIM 963S 15/12 GIWIII 9653 16/12 GIWI *****
      471 words
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      Page 34 Advertisements Column 1
      1413 34 EUROPE/UK/SCANDINAVIA/FINLAND/RUSSIA ISGP RDM ANW HBG THP ZEE IHV LHV THP RDM ANW HBG PKL SGP E REWARD RW-021 14/12 03,01 04,01 04/01 06/01 07/01 08/01 E GROUP RE 051 17/11 20/11 19/11 21/11 22/11 16/12 18/12 E RIGHT RW-026 21/12 10,1)1 11/01 11/01 13/111 14/01 15,01 E GALLANT RE 049
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      Page 34 Advertisements Column 2
      1044 34 VISSEI VOYAGt SGf DUI AMI MAN lAH KWT Ul VISSIL VOYAGE M M DM UM W I UNI (OtONA *****MW 11/12 22/12 73/1? 24/12 25/12 73/1? 2V12 UNI ONWARD 0430 074* 03/1? OVI2 14/12 UNI CHAIT 0434 03SW It/1? 2»/1? 30/1? 31/1? 01/01 31/1? 31/12 |UW COWCEKT 0431 030 C
      1,044 words
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      Page 34 Advertisements Column 3
      651 34 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA EAST COAST SOUTH AMERICA vtssa vot mi puj dui cft im mvd m 6 ssT «*ssa 011s io/i? 7S/i? n/i? ii/oi iyti 14/ it ii/ni mmousi pits "ii/iF aa/i? ?i/m aw mi aw »*ssa oig oi/Di i</ii Imm 30/ai oi/w m/w
      651 words
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      Page 35 Advertisements Column 1
      761 35 I BSA M MYANMA pBHk FIVE STAR LINE (Myamaar National Lim) Loading for Yangon (Rangoon) VKSH VOT SIN KG PIN PGU PAGAN 2MW 16/12 MALAYSIA AGENTS: KXJSTIAD SHIPPING AGENCIES KUL Ttt 07-03-*****00 PXL m 02-03-*****01 POk m 02-04-*****02 PGO: m 02-07-*****21/4 BANK LINE (A Mrvic* of Andrew Wtir Shipping) j
      761 words
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      Page 35 Advertisements Column 2
      1057 35 HYUNDAI MERCHANT MARINE CO. LIP. WESTBOUND TO EUROPE BKG: *****32 PNA I P«! I POO I Vtssa VOY I SIN I lIH RYM AW MAM I Otll IB 12/12 12/12 14/12 NT COMMOOOtI JO3W 15/12 01/01 02/01 04/01 04/01 04/01 07/01 19/12 19/12 21/12 NT FDCRAL 302W 22/12 N/01 09/01
      1,057 words
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      Page 35 Advertisements Column 3
      84 35 i^SECIL EAST WEST AFRICA SEMI CONTAINER SERVICE W S* KU MAY MM SAf UK oiMirums j/h su> sio sio is/i? n/u »OANMIS A 1/W VI? 73/1? N/01 12/01 11/01 30/01 WOOD PRODUCT SOUTH AFRICA SERVICE a na Shi pig ii m m EVPOAGSA SA7OI 12/17 li/1? 75/1? 77/1? 01/01 10/01
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      Page 35 Advertisements Column 4
      391 35 (j& FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) TWICE WEEKLY SAILINGS TO BUSAN \SOUTH (i KOREA L T 4*JBUSAN O FOR ENQUIRY BOOKINGS, PLS CALL OUR HOTLINE *****3 3 30 i> nes SYLVIA/MICHELLE POH P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7
      391 words
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      Page 36 Advertisements Column 1
      1560 36 I** BB l 1 VOY I SIN **1" I |ve»»o- VOY SIN [M ■r |wc««g. 1 QANTA BHUM 22S ~Wad In Pt Sun I 15/12 OUWU BHUM «737 Thu 12/12 ~Sat 14/12~ T— WANA BHUM 355S Srt 14/12 B.MAB EMPAT <167 to 15/12 Tua 17/12 M H MATHU BHUM- 306N
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      Page 36 Advertisements Column 2
      1071 36 wwSoM/cHfSoowomfKM V aMßßwcf" VMWI VOT >IN CTO vessel VQT sin ccu PAPMA i3® SAT [14/11 WfD I H/12 BTKHK RIVER 264CN«1THU |11/11~ MOH|l6/li" CONSIST!NCI 335 20/12 *4/11 BTIOER RIVER 167CNSIMON 16/11 WON 13/12 PAfU L OO 6 |THU |16/11 |THU 01/01 BxOUR SINGAPORE 130 WON 17/12 TUE |14/12 'WOtfOM/ BOMIAY
      1,071 words
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      Page 37 Advertisements Column 1
      518 37 > 1 W«akly LCL FCI fl| fOD|C3| Services to Caribbean hipping S Central America MUNKOOMABSK SINIWM 9701 628E Port Country 17/12 24/12 Belize City Belize 20/01 27/01 Bridgetown Borbodoi 23/01 30/01 Cartagena Colombia 22/01 29/01 I Castries S». Lucia 22/01 29/01 Fort de France Martinique 23/01 30/01 Freeport Bahamas 18/01
      518 words
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      Page 37 Advertisements Column 2
      866 37 SSSaaPff PACIFIC INTERNATIONAL UNES (PTE) LTD I I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CR NO **********06 l««n VOT PIG Im SYD HR AM HI nc Ml I ii: 1 1" a hil I"-- 8! Ii ISI B" t" *I*l 9 Hil «I i!M»r !Rg 1
      866 words
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      Page 37 Advertisements Column 3
      944 37 |CR MO: **********0Z VESSELS VOY gN DAAWETTA LE HAVRE HAMBURG THAMESPORT ROTTEROAM ANTWERP VHJ-E DC CAPS-LA TIBW 17/12 26/12 06/01 07/01 08K>1 10*01 12*01 VHJ-EDEUBRA Tig* 2V12 04/01 13/01 14/01 18/01 17/01 18/01 VILLE D" AQUARIUS UIBW 30/12 11/01 20W 21/01 QW 24/01 28A)1 VIU-E D AQLHLA AI6W 07/01 18/01
      944 words
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      Page 39 Advertisements Column 1
      72 39 I /(T"VISA FREIGHT SERVICES PTE LTD Fst.iblisheil Sincc 1 1 >K 4 THI TOTAL TRANSPORTATION PTOPI.I Rl (.Lil AR (iROLII'ACiI I CI COXSOI IDATIOX IMPORT K I \PORI SI R\ K I S OCEANIA PORTS AUCKLAND SI DNEY BRISBANE MELBOURNE EREMANTLE mm-&-S~ VISA I RI K.IIT SERVICES PTI LTD A
      72 words
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      Page 40 Advertisements Column 1
      1921 40 AS AGENTS: "K" UNE (SBNQAPORE) PTE LTD (CT MO: imiTMIBHIttT REG m IC-W7MM) TEL *****77 TELEX KAWAKI R*****5 FAX: *****16/7/8/9 W MALAYSIA: "K" UNEMARITIME(MALAYSIA) SON BHD M ra Wf%j TEL5A*****00PK*****75PEN*****20J*****101 PGU*****256 Mm* M A WOONESIA: P.T. UNE (MDONESBAK TEL JKT *****08 EXPORT N. AMERICA-PACIFIC X>UTH-WE«T EXPORT S'NOAPORI/PH'LIPPINES/JAPAN SERVICE FEEBER VESSEL
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      Page 40 Advertisements Column 2
      1241 40 (*****1 TWICE WEEKLY EVERY THURSDAY/SUNDAY (*****1 ARRfVAL FIXED DAY-MONDAY *Ml VO y rSn HTN HAM FXT LEH AM VtSStL VOY IBt FXT HAM AMR SM MWGSUN A649W1 12/12 I OSDI OVOI 0101 07«1 GIBRALTAR BHIOGE A643E SLO SID SU) SLD 1612 MNG SNTH J649W I IVI2 I 0101 (001 o*ol
      1,241 words
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      Page 41 Advertisements Column 1
      598 41 I VESSEL VOY SIN MAA SIN TIGER WAVE 492N 14-15/12 19-22/12 27 28/12 TIGER ISLAND 493N 22-26Y12 31-01/01 TIGER BRIDGE 494N 20-21/12 26-29/12 03-04AJ1 TIGER BAY 495N 24-25/12 29-02/01 07-08/01 TIGER WAVE 496N 27-28/12 02-05/01 10-11/01 TIGER ISLAND 97N 31-01/01 05-0»01 14-1&01 I VESSEL VOY SIN CAL SIN TIGER RIVER
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      Page 41 Advertisements Column 2
      350 41 Sea K Land] DIRECT SERVICE TO LONG BEACH SL CHAMPION V.017E ETA SIN ETD SIN 10 DEC '96 10 DEC '96 CALL BOOKING HOTLINE TEL: *****33 NOW! SINGAPORE MALAYSIA INDONESIA MAINLINE *****22 KUALA LUMPUR 03-*****28 BANDUNG 022-*****5 CUSTOMER SVC(IN) *****00 PORT KLANG 03-*****08 BELAWAN 061-*****3 CUSTOMER SVC(OUT) *****33 PENANG 04-*****90
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      Page 41 Advertisements Column 3
      83 41 I <f»TOYOFUJISHIPPINGCO.,LTD. MULTI-PURPOSE VESSEL FOR RO/RO, CONTAINER I BREAK BULK CARGO VISSU YOT PI SIM JIT AU JPN 1 TtAWS PACIFIC S* Of/12 10/12 12/12 Is/H 16/12 23/12 TOTOFUJI WO.I? 10+ 14/12 DELPHINUS 2f 23/12 24/12 21/12 30/H 31/12 07/12 VESSEL YOT SIN PI jj MNL lEI JPN TIANS PACIFIC
      83 words
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      Page 41 Advertisements Column 4
      1382 41 Nedljpyd EVERY FRIDAY TO MEDITERRANEAN fsSP|#| SINGAPORE PHONE (GENERAL) *****69 RATE ENQUIRIES *****48/ 260 CFS (PHONE) *****10 CFS (FAX) *****23 TO EUROPE EVERY TWIRS/FRI/SATI Sou Lah Rtm Anr' Ham Mi J X2 13/12 04/01 02/01 03/01 31/12 cTor /12 03/01 04/01 29/12 30/12 31/12 mo /wtnc 13/12 30/12 31/12 03/01
      1,382 words
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      Page 42 Advertisements Column 1
      790 42 SAMUDERA INDONESIA (S) PTE LTD I 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE 0106 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT LINE: *****41/43 JESSICA/C ELI A/AUDREY J2ESE^EEE3B 7 slgs/week *****21 3 slgs/WEEK I VESSEL TVOY |SiN TJAK IVESSEL IVOY ISIN ISUR SINAR
      790 words
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      Page 42 Advertisements Column 2
      650 42 TO E. CANADA US ATLANTIC US GULF LOADING VOY SPOfIE PKEIANG 7 HALIFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPICO HOUSTON HOEGH DYKE 0638 09/10 DEC 11 DEC (DIR) 28 JAN 31 JAN 01 FEB 06 FEB 04 FEB 12 FEB 16 FEB HOEGH MINERVA 0636 26/27 DEC 19 DEC 17 FEB
      650 words
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      Page 42 Advertisements Column 3
      366 42 J> Singapore Soviet Shipping as Co. Pte. Ltd. CR NO:**********0N BOMBAY/COCHIN VESSEL VOY I SIN BOM KOTACAHAYA CAHI7I 11/12 19/12 MEKHANIK KUR MK26N 13/12 21/12 TRANSCORO 051 20/12 28/12 VANESSA 13N 24/12 01/01 REGULAR ILVICHEVSK SERVICE VESSEL VOY SPORE ILYCHEVSK EVER GROWTH 0138-055W 10/12 07/01 EVER GOVERN 0139-066W 17/12 14/01
      366 words
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  • Page 43 Advertisements
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      Page 43 Advertisements Column 1
      1043 43 i ASIA EUROPE EXPRESS (AEX) WESTBOUND SERVICE I VESSEL VOY P" SIN I LEH I RTM I ANT I HAM HQ HY COMMODORE 303W 16 DEC 01 JAN 02 JAN 02 JAN 04 JAN 07 JAN HY FEDERAL 302W 23 DEC 08 JAN 09 JAN 09 JAN 11 JAN 14
      1,043 words
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      Page 43 Advertisements Column 2
      1542 43 [rasa spori pjuamg PBMWC-1 Ihw I iou Il» 1 mm I rim 1 omt 1 Ivtssa m [SWMfIWC IRMII |PW Iwtr KOT NGO a—mi TTO ms.mos& iom mi 1112* 11.12 31.11 #101 0* 01 21.12 no mas 247* oiir 00.12 1112 1112 17.12 1112 MS. a* 3496 IXI2 1112* 11.12
      1,542 words
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      Page 43 Advertisements Column 3
      669 43 AP M SAIQQN SHIPPING THRICE WEEKLY DIRECT TO HO CHI MINH CITY \EXrOHT TO HO CHI MHM CITY IMFOHT FROM HO CHI MIHH CUT vtssa I vot rar w etaspom""l mac msa vot etdhok mra DRAGON KALIMANTAN f» (06/ IB (07/11) 10/11 (TO 13/11 DRAGONKAUMANTAN 01S N/U l*/lJ (TO ron«
      669 words
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      587 44 m %b K I ff SINO EXPRESS SHIPPING (PTE) LTD. 11 COLLYER QUAY #06-01 THE ARCADE SINGAPORE *****7. m TEL: *****90 (4 LINES) FAX: *****98 TLX: R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) Also accepting container cargo to: VESSEiyVOY ETA SIN ETAHKG ETA SHA W/T HKG: Beiiiao. Chiwon. GOOD WELL 9607/9608
      587 words
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      Page 44 Advertisements Column 2
      427 44 am MAC-NELS S'POftE M'ftlA I Carrier: MN CONTR LINES, INC |-|V/\~ J cm NO. **********08 SIBU: (064) *****9 MANILA: (632) *****61 PENANQ: (04) *****6 BANGKOK: (662) *****57 SURABAYA: (31) *****0 P. KELANG: (03) *****77 JKT: (21) *****07 MON: (61) *****3 SYD/MEL/BNE/ADL "ANRO JAYAKARTA" V.OBS ETA SIN 14-12-96 RTM/FXT/HAM "HANJIN FELIXSTOWE"
      427 words
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      Page 44 Advertisements Column 3
      305 44 tS'pore P.Keiang Loading For.l SH<JA 12/12 22/12 RdrrVAtw/UK/Nan I HIOS MINAS 25/12 30/12 RdnVAtw/UK/N»i I t Loading for I LEXANDROS Dubai/ADhabi/Bahratn/DammaiVKuwait I > Dubai/ADhabi/Bahrain/Damman/Kuwait I KALKAVAN Hodeklah/Jeddah/Aqaba/Pt Said I Sngapore, E7W. Malaysia, Indonesia I I Loading for I I p AN QUEEN Los Angeles/New Orleans/Charleston/ I I Norfolk/Camden I OTRADA
      305 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      131 45 Tos P 10^ 9 LEGEND: R Thunderstorm Temperature c X\ y Shower Weother _X Wind direction with speed in knots e e Rom Cloudy Sky Wove h i ht Surface ore eidicoted by arrows wliidi Hy wit*. Hie wind One <ul cede represents cokn or light and variable winds 1
      131 words
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