The Business Times, 3 July 1997

Total Pages: 38
1 38 The Business Times
  • 13 1 THE BUSINESS TIMES MITA (P) 023/12/96 854 SINGAPORE Internet: http://www.asial.com.sg/biztimes THURSDAY, JULY 3,1997
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  • 51 1 DSStfl 1137 FIR4H U)NU*(+6.BB) OSSm-7.55) stock Minn nam Wednesday Change RUSK COUP \JHM +M8 NIKKEI 2l.tN.42 >*J0 HXNQSENO ilwul SCTINOEX M&79 +4IJI JAKARTA COMP—7M.I« MAWUCOMP —17(4.89 -Hl» TAIPH WP! &M6.72 -S3JC SEOUL OOMP 777Jt *I12« CLSA CHINA B —ckwd AU8T ALLOW 2.74M +M.7 tlTpa EOT Cfcage BOW 7.7&M
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  • 681 1  -  Move may bring about stability but will hort Thai firms laden with foreign currency debts economists From Harish Mehta in Bangkok THAILAND bit the bullet yesterday and in effect devalued its embattled currency by allowing it to float. The decision to
    REUTER; Source: Bloomberg  -  681 words
  • 166 1 Reuter, Bloomberg [WASHINGTON) The US Federal Reserve decided to hold interest rates steady yesterday amid signs economic growth has slowed from a sizzling first quarter pace. The announcement, which came at the end of a two-day meeting of the central bank's policy-making committee, had been widely
    Reuter,; Bloomberg  -  166 words
  • 362 1 AFP, Reuter [WASHINGTON] US President Bill Clinton has recommended that the Internet be declared a "free-trade zone" without taxation, and called for a global agreement on the matter within 12 months. During a White House ceremony on Tuesday, Mr Clinton and
    AFP,; Reuter  -  362 words
  • 548 1 BOT gets full marks for timing and execution, writes Lury Vm THE biggest obstacle to muchneeded inflows of foreign capital into Thailand was removed yesterday in a welltimed and slickly-executed move for which Thai authorities deserve kudos. Prior to yesterday's move, which caught market off-guard,
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  • Page 1 Advertisements
    • 117 1 Private housing prices should improve in second half 1986 if die economy i remains stable, says Knight Frank, P|2 p.labeort budget The London stock market reacted enthusiastically to the Labour government's flrSTbudget which promises a'new welfare state', P|r» c-V r .v i- BWHIHBt Bishan B*B $1,000 psf prices are significant
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    • 57 1 Market reaotkxia/rom S'pore and the region, Pg 5 m m GC iw I*4 J f I 150 YEARS OF HISTORY AND ROMANCE Cartier boubque/ Singapore Millenia Walk. #01-22/23. 9 Raffles Boulevard. Tel: 339 0183 Ngee Ann City, Tower B, *01-11. 391 Orchard Road. Tel: 734 2427 Hilton International, #01-04, The
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  • SINGAPORE AT HOME & ABROAD
    • 480 2  -  pgnag gpi«n»B Bevelopers'bids in land traders not yecessarily a sign If strong demand Reports by] Diana Oon IRIVATE residential properj prices, which have come off y about 10 per cent since the nti-speculation curbs were ltroduced in May
      Jute MM/V temrd  -  480 words
    • 376 2 Draycott, Newton were best URA sites which have ever been sold, it says PROPERTY developer Wing Tai Land's aggressive bids for 99-year cortdo sites in Draycott Park and Newton were to ensure that the company won the "best URA sites which have
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    • 270 2  -  Wy Clarissa Tan ff HE bank associations of Chiand Singapore have agreed ftp exchange market informanon on the two countries' economic development and on gheir laws abating to foreign p-ade and A The Asociacion de Bancos P Instituciones Financieras of Khile and the
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    • 296 2  -  EYE ON THE ECONOMY GDP By Audrey Tan TWO local banks expect this year's economic growth to be on the high end of the official forecast of 5-7 per cent, according to their latest reports. DBS Bank sees gross domestic product growing between 6.5
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    • 297 2  -  9 houses off Holland Village in largest en bloc bungalow sale By, Abdul Hadhi NINE bungalow owners at Taman Warna, off Holland Road, have grouped together for what will be the largest en bloc bungalow sale. The previous largest number of bungalows sold
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    • 379 2  -  By* Ang Wan May CHANGI Airport's third terminal (T3) will incorporate ideas for new facilities and services from Singaporeans and travellers. Through the ideas that flow from a T3 Ideas Contest, the Civil Aviation Authority of Singapore (CAAS) hopes to build a terminal
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    • 330 2  -  Micom offers to bring of-net calls to companies in Asia By 1 Toh Han Shih MICOM Communications Corp, a subsidiary of Canadian giant Nortel, is offering in Asia a product for phone-to-phone calls over the Net. Phone-to-phone Internet calls also known as
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  • Page 2 Advertisements
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    • 7 2 Singapore Business Giving you the winning edge
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  • FOCUS: PROPERTY
    • 471 4  -  Prime leasehold, even old freehold apartments, can be had at Bishan 8 prices By 1 Tan Su Yen [SINGAPORE] FAR East Organisation's Bishan 8 made the headlines when its 99-year-leasehold units were launched at a record SI,IOO per sq ft (psf) last month.
      FILE PHOTO  -  471 words
    • 6 4 t sCWr^ »UndmipplMlDlmMppoptrtl«of* Source:
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  • Page 4 Advertisements
    • 447 4 Hl® NDfT?£NDENT HOMES TMt LOWG 6MND Of PBBUI PfiOPCRHES 68 FARLEIGH AVENUE Prime Brand New Designer's 2 1/2 Storey Bungatow With Attic, S. Pool/Gazebo Kof Land 4200 sa. ft.. Built-Up 4500 sa. ft. Approx. 7+ 1 Rooms 999 Years OPEN FOR VIEWING Sunday, 6th July 1997 2.00 pm 8.00 pm
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    • 176 4 Freehold —/1 iiairT *F~ Land Area* 20,911 sq fl (Approx) r 1 Residential development of plot > y ratio 2.8 Excellent accessibility via CTE/PIE/ Serangoon/Braddeli/Bartley Road /SSI Proximity to future North-East MRT, education institutions shopping To CTEypIE amenities For investment ffvt and tender documents, kindly |j contact: Casey Tea, 228
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  • FOCUS: BUT DEVALUATION
    • 532 5  -  Devaluation could bump Thai firms' offshore debt np to unsustainable levels Fromi Alan Boyd te Bangkok THE business community here is bracing for a painful debt fallout from yesterday's baht float, amid warnings that many medium-sized companies could fail. Manufacturers with a high reliance
      Source: Banks of Thailand  -  532 words
    • 518 5  -  Imminent disclosnre of finance firms' debts another factor From. Alan Boyd in Bangkok THE decision to float the baht came after a bruising war of attrition between the central bank and currency speculators that threatened to decimate the country's dwindling foreign reserves.
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    • 182 5 'Of all the policy options they could have taken, this was the best one. The BOT has now all the tools of monetary policy both interest rates and exchange rates at their disposal.' Deutsche Morgan GrenfeU Asia Economics 'The Philippine peso is probably not in any real
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    • 288 5  -  FOREIGN MARKET REACTION By Al Labita THE Philippine central bank (CB) raised the overnight borrowing rate twice to shore up the peso after the Thai baht devaluation rocked the currency market and sent equity markets into a tailspin. The central bank
      REUTER  -  288 words
    • 211 5  -  By] Eddie Toh BANK Negara officially defended the ringgit for the first time in recent years after the Thai baht was effectively devalued yesterday. Dealers said the Malaysian central bank used its own name instead of going through a proxy when it sold the dollar to support the
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    • 227 5  -  By S N Vasuki THE Indonesian ruplah stumbled but ultimately held steady against the greenback after news of the baht devaluation yesterday. The Indonesian unit plunged to a low of 2445 against the US dollar in a knee-jerk reaction to the baht devaluation against 2432 on Tuesday. However, the
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    • 204 5  -  By- Anthony Rowley THE Bank of Thailand's de facto devaluation of the baht has raised fears in Japan that pressure on other South-east Asian currencies could send investors rushing into yen, jeopardising Japan's exportled economic recovery. There are also concerns in Tokyo that Thailand could have trouble repaying its
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    • 545 5  -  They have low loan exposures to Thai borrowers: analysts By] Louis Beckerling {SINGAPORE] The loan portfolios of local banks are expected to ride out unscathed the after-shocks of events in Thailand yesterday That would seem to be the view of investors who
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    • 468 5  -  By] Ronnie Lim [SINGAPORE] The effects of yesterday's baht float/devaluation will not bite immediately into the trade in electronic chips and fragrant rice, which are among the mainstays between Singapore and Thai companies. But there may be longer-term implications. In
      468 words
  • Page 5 Advertisements
    • 142 5 I The Third Floor's new menu beckons Even with Chef Alan McLennan s woridty with uncommon good taste. sensations (July 7 -11), great value remains In true Global Cuisine style, bites of a constant ingredient. inspiration from the world's finest culinary Our Global Cuisine comes from all over aits blend
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  • SOUTH-EAST ASIA
    • 363 6  -  KUALA LUMPUR Property loans form 50% of total new loans in Kay; slower growth in April seen as knee-jerk By\ Meera Tharmaratnam TWO months after Bank Negara's measures to slow down lending to property and stocks, loan figures have rebounded to their previous
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    • 189 6 MANILA Bloomberg THE Philippine government said it posted a consolidated surplus of 541 million pesos (5529.3 million) in the first three months of 1997 as falling interest rates cut debt payments. The government had expected a first-quarter deficit of 5.71 billion pesos in
      Bloomberg  -  189 words
    • 399 6 MANILA It will coordinate projects including planned USSllb natural gas pipeline AFP SOUTH-east Asian nations are to set up a centre to coordinate regional energy projects including a planned US$ll billion (5515.7 billion) natural gas pipeline, an official said yesterday. The plans for
      AFP  -  399 words
    • 75 6 [JAKARTA] The leading actor in Indonesia's most expensive movie "FatahiUah" riding on a horse during a ceremony at Jakarta's City Hall ahead of the premiere. The hero, FatahiUah, crushed a Portuguese attempt to establish a trading post on Java. Indonesia hopes the movie
      REUTER  -  75 words
    • 132 6 MPHNOM PENH Reuter THE United Nations warned Cambodia yesterday it is spending too much money on its security forces and failing to meet tax revenue collection targets. It also said that international donors could not continue pouring aid into the country, a warning that
      Reuter  -  132 words
    • 381 6 JAKARTA Figures set to give further boost to record-high stocks Bloomberg INDONESIAN inflation slowed to a better than-expec-ted 5.1 per cent in June, and its merchandise trade surplus more than doubled in April, the government said. Both are good news for Indonesia's
      Bloomberg  -  381 words
    • 179 6 HANOI AFP VIETNAMESE farmers are being forced to sell or mortgage their land to survive, an official report said yesterday. As many as 10 per cent of farmers in some provinces in Vietnam's southern rice bowl in the Mekong Delta have
      AFP  -  179 words
  • Page 6 Advertisements
    • 288 6 Phytomer Spa I A Division of Cosmoprof International Escape J itn,r f ase awa y y° ur stress strain —'7 JJ Spend a day in the cosy ambience of a resort spa located r J at Singapore's only beach resort hotel, the Shangri-La's M- Rasa Sentosa Resort. I The Phytomer
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    • 167 6 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions, including British Virgin Islands Mauritius Cayman Islands Hong Kong Bahamas Western Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialise in offshore trusts, offshore banks, and captive insurance companies for qualified
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  • CHINA-HONGKONG-TAIWAN
    • 420 7  -  HONGKONG Measures to resolve boosing problems will be drawn up within three months: Tung By] Loh Hui Yin A HUGE sum of money will be spent by the new Hongkong government to meet its ambitious housing targets, but its
      420 words
    • 58 7 [BEIJING] A performer holding a mock-up brick during a dance on Tuesday at a mass rally to celebrate the return of Hongkong to China in Beijing's Workers' Stadium. Nearly 80,000 people packed into the stadium for the extravaganza celebrating both the return of Hongkong and the 76th
      AFP  -  58 words
    • 298 7  -  U TAIPEI Financial firms npset ever leaked report; gpvt orders probe By Bruce Cheesman TAIWAN'S first credit rating agency has got off to a disastrous start with banks up in arms over a leaked report slamming many of the island's top financial
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    • 564 7  -  CHDIA WATCH China mnst ensure no power centre will emerge to rival SAR govt By Lu Ning HOW should China rule Hongkong, now that it has finally regained its sovereignty over the territory ruled by Britain for the past 156 years? This
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    • 415 7  -  HONGKONG Market response mixed as many await flf parkflgo By i Quak Hiang Whai WITH the details not fleshed out yet, Hongkong has reacted cautiously to Chief Executive Tung Chee-hwa's pledge on Tuesday to increase the supply of flats and fight speculators. Response
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    • 276 7 SHANGHAI Bloomberg CHINA B shares fell to near eight-week lows yesterday on concern that euphoria about Hongkong's historic return to China will fade and the government will renew a crackdown on stock speculation. Share prices climbed to three-year highs in May, partly on hopes that
      Bloomberg; Source: Bloomberg  -  276 words
    • 413 7 BEIJING AFP PRESIDENT Jiang Zemin, who savoured a moment of triumph as the world watched the return of Hongkong, is now on course to officially become China's new supreme leader at the next Communist Party Congress. "Hongkong was the first
      AFP  -  413 words
  • Page 7 Advertisements

  • ASIA
    • 264 8 SEOUL Bloomberg SOUTH Korea's top 30 conglomerates, or chaebol, will have to sell off 2.4 trillion won (553.86 billion) worth of equities by April next year to meet government rules on company shareholdings. The equity sales will have a limited
      Bloomberg  -  264 words
    • 399 8 GENEVA llqjor trading powers want shorter phasing out period, issue may go before WTO for dispute settlement Reuter MAJOR trading powers and India on Tuesday failed to agree on ending balance-of-payment (BOP) import curbs operated by Delhi, opening the prospect that it might
      Reuter  -  399 words
    • 139 8 NEW DELHI AFP BELEAGUERED Indian Prime Minister Inder Kumar Gujral denied in remarks published yesterday that his minority coalition government could fall as his faction-ridden party headed towards a split. ■Mr Gujral said growing rifts in his Janata Dal would not undermine
      AFP  -  139 words
    • 227 8 TOKYO FT NOMURA's global ranking in the eurobond league tables has fallen sharply since a corporate scandal at the group in March. Nomura International, its London-based affiliate, fell to 15th place in the eurobond market between April and June, after ranking as the fifth largest underwriter
      FT  -  227 words
    • 151 8 WELLINGTON AFP NEW Zealand's economy was rebounding in the June quarter following a contraction in the March quarter, Reserve Bank governor Don Brash told parliament's finance and expenditure select committee yesterday. He was responding to questions regarding the bank's failure to forecast the contraction in the economy
      AFP  -  151 words
    • 42 8 [BANGLADESH] Bangladeshi fishermen using a push-cart to move their boat through Dhaka on Tuesday as bus passengers look on. With the onset of monsoon rains the fishing season begins with the rwers and canals swelling throughout the country. REUTER
      REUTER  -  42 words
    • 688 8  -  Gttfral sidesteps Ibrahim to open op India's skies 11 By] K P Nayar [NEW DELHI] NEW Delhi has a new pastime. Ever since Prime Minister I K Gujral said last month that he favoured opening up Indian skies, the media, the business community and even political
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    • 391 8 SYDNEY Bettertfcan-eaqiected figures reduce need for interest rate cats Bloomberg BETTER-than-expected Australian retail sales and building approval results for May indicate an improving economy, lessening the need for the central bank to cut interest rates to prod growth. Speculation abounds that
      Bloomberg  -  391 words
  • Page 8 Advertisements
    • 206 8 v Special Set Menus to celebrate K« c'l the Singapore Food Festival I;* Top Seafood Combination Deep-fried Scallop Deep-fried Lobster Wrapped m Suwri Braised Shark's Pin with Bird's Nest and Shredded Chicken Braised Whole Yoahfiwna Dried Abalone with Sturgeon Cartilage Deep-fried Silver Cod with Crispy Bean Paste Sauteed Fresh lily
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    • 59 8 L J W~~ FRANCO-SPANISH I M SEAFOOD CHORIZO RICE POT I I ONLY AT J J 1 J Chef TCavier Marchond f Z'ld|M V a I i from SoutH-Western France W Ist time in Asia n JHH KBBIk f~ For reservation, please call 338~5308 m We m e located at
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  • THE WORLD
    • WORLD Watch
      • 84 9 AFP [PARIS] Cumulative lorn* of the Credit Lyonnais Consortium d* Realisation (CDR) to date are estimated at 100.2 billion francs (5124.3 billion), excluding carrying costs, the French Economics and Finance Ministry announced on Tueeday. The CDR holds doubtful assets of the big government-owned bank with a
        AFP  -  84 words
      • 65 9 Reuter [ZURICH] Asia is still the main magnet for capital from industrialised countries, but new tending to Latin America and Eastern Europe accelerated sharply in the second half 0f1906, the Bank for International Settlements (BIS) said in I its latest semi-annual report European banks also strengthened
        Reuter  -  65 words
      • 53 9 Reuter [MOSCOW] President Boris Yeltsin sacked Justice Minister Valentin Kovalyov yesterday in an apparent effort to end a scandal over a video film allegedly showing the minister in a gangland sauna with naked women. The Kremlin said Mr Yeltsin replaced Mr Kovalyov with former security service
        Reuter  -  53 words
    • 334 9 WASHINGTON Bloomberg PRESIDENT Bill Clinton's top economist said on Tuesday that the details of a capital gains tax cut are "up for discussion", though she said the administration wouldn't accept a plan that included indexing capital gains for inflation. "Indexing
      Bloomberg  -  334 words
    • 406 9  -  LONDON Surprise two-point corporate tax cut to 31%, the lowest rate since the war By 1 Neil Behrmann THE London stock market responded enthusiastically to the Labour government's first UK budget which slashed corporation taxes, boosted investment allowances, but still raised net
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    • 238 9 LONDON Reuter BRITAIN'S Office of Fair Trading (OFT) yesterday turned up the heat on underwriters of rights issues, with a threat to refer them to competition watchdog Monopolies and Mergers Commission (MMC). John Bridgeman, the direc-tor-general of fair trading, said he was not
      Reuter  -  238 words
    • 308 9 WASHINGTON Drop suggests manufacturing sector is cooling Bloomberg ORDERS placed with US factories in May fell more than expected, a sign the manufacturing economy is cooling after a strong start to the year. The 0.7 per cent drop in factory orders, to a
      Bloomberg  -  308 words
  • Page 9 Advertisements
    • 38 9 Shoes that measure up. H a testoni* I Home or Office deliveries oft The Straits Times, The Sunday "Times, The Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min Daily News, LianHe Wanßao —call our Hotline 1800-749-2577.
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    • 867 9 THE BANK OF NEW YORK COMPANY, INC. Head Office: 48 Wall Street, New York, NY *****, U.S.A Singapore Branch: One Temasek Avenue, #02-01 Millenia Tower, Singapore *****2. Ci—iilil.li il Balaact Sh«et» Co«oUd,t«l rflnco™, DoUart m mUtitmt. txctpt per than amowia Dtctmbrr 31 1995 m miUkmi, txctpt ptr+an mmtnmtt for ytan
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  • EDITORIAL & OPINION
    • 731 10  -  OPINION THE BOTTOM UXB By S N Vasuki The writer is BT's Jakarta correspondent HONGKONG'S return to Chinese sovereignty has, ironically, led to a spate of articles in the western media celebrating the "beneficial" aspects of colonialism. Hiis is a disingenuous exercise
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    • 108 10 'Let them do it The quality is so lousy, it makes me happy.' general manager ofWuxi Buhler Machinery Manufacturing on the advantages of transferring western technology to China. His company holds about 70 per cent of the Chinese market for food processors. 4 I have even been
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    • 563 10 EDITORIAL THE recent forecast by the Monetary Authority of Singapore (MAS) that the economy will grow at 5-7 per cent this year is reassuring. But the nuance that should not be missed is that the recovery has not yetiaken hold, and how strong it
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    • 897 10  -  Most of them underestimated huge flows of liquidity into US pension and mutual funds By] Neil Behrmann The writer is BTs London correspondent THE question that should be asked about Wall Street and the global stock market boom is not "how much higher?"
      Source:  -  897 words
    • 850 10 FROM Japan to Indonesia, Asia is roaring economically. The American withdrawal from Vietnam and the defeat of the US-backed Saigon regime in 1975 marked a turning point in US militarism in the region. The demise of the Soviet Union a decade-and-a-half later ended the threat of
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  • Page 10 Miscellaneous

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  • Page 11 Miscellaneous
    • 794 11 TV&RAPIO liiMr'X. irr 11 Ml Our Choice). 3.00 CDIS. m.\ 11 .i^TnTTan^ &00 Away From Home 4.40 Viduthalai (R). ZOO PM TV Innovations. Cambodia. ZOO IndraiyaSingai (R). 230 The Winners. &30 Talking Point. 530 Ninaithalae Inikkum. ZOO Money, Money, Money. %jsq Chicago Hope Leggo Z3O Paramapadam. Z3O Tech 2000. My
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    • 182 11 CRYPTIC CROSSWORD 1 Troublesome furniture-remov-gets politer after treatment 7 H| HP 10 To affect drastically at univer--11 Scrooge fell approaching |HL_ JHL_ 12 Contract drawn up. wearing HH false smile (9) 23 one following whisky in a 23"^ 28 Nervy, as rain breaks out for the celebration (11) DOWN 9
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  • EXECUTIVE LIFESTYLE
    • 670 12  -  The business of customising luxury cars to suit buyers is a lucrative one, says Christopher tan Meera Tharmaratnam INCREASINGLY, luxury car buyers want more than just a luxury car. They want their carriages to be different from the ready-made stock in the showroom. While they
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    • BUMPER to BUMPER
      • 107 12 RESEARCH has shown that side-collisions account for about 21 per cent of all accidents but are responsible for 36 per cent of all cases of bodily injury. In other words, the risk of severe or even fatal injuries is far greater than from a frontal
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      • 49 12 OVERCAPACITY will continue to be endemic. The world's automotive industry has the capacity to make 68 million vehicles a year, but has sales of only 48 million, says the Economist Intelligence Unit. Planned investments in emerging markets will worsen the situation, it adds.
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      • 151 12  -  Compiled hf Christopher Tan JULY 13 will mark the biggest Harley-Davidson event in Singapore. Get down to Takashimaya Civic Plaza between 10 am and 8 pm for The Harley-Davidson Carnival, proceeds of which will go to the Children's Cancer i Foundation. Check out the
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    • 702 12  - Marie a star in her own right PERSONALITY She has also made her mark in doD business and in raising fands for charity By\ Ben Munroe FACE to face with Marie Osmond, immaculate in her canary yellow two-piece suit and perching comfortably on the sofa, you forget the cliches about
      FILE PHOTO  -  702 words
    • 589 12  -  MUSICAL Marie Osmond takes over role immortalised by Jube Andrews and makes it aMer own By Ben Munroe "I'VE been given permission to sing," chirps Sister Maria Rainer, in the big budget alpine drama The Sound of Music currently dazzling families
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    • 639 12 PERSONALITY His unique baritone voice added depth to his roles, whether as a hero or villain Reuter ACTOR Robert Mitchum, the sleepy-eyed, barrel-chested star of more than 125 films that spanned six decades, died early on Tuesday. He was 79. Mitchum died in his sleep
      Reuter  -  639 words
    • Article, Illustration
      144 12 Born Aug 6,1917, in Bridgaport, Connecticut Married Dorothy Spence, 1940 GUUrtn James, Christopher, Petrine jfllOCtodWtM Cry Havoc, 1943 Gung Ho!, 1943 Johnny Doesnt Live Here Anymore, 1944 The Story of GI Joe, 1945 (Oscar nomination for Best Supporting Actor) Out of the Past, 1947 Rachel and the Strangers, 1948
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  • Page 12 Advertisements

  • COMPANIES & MARKETS
    • 525 13  -  FnimeMtir expansion, as HMI aims to become key regional player Rmports by. Jenny Lam [SINGAPORE] HMI Balestier Hospital (HMI), which yesterday entered into a healthcare alliance with the US' renowned Massachusetts General Hospital, plans to list on the local bourse in 1999
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    • 333 13 [SINGAPORE] HMI Balestier Hospital yesterday signed two memoranda with the Massachusetts General Hospital (MGH) to participate jointly in healthcare projects here and in the rest of Asia. MGH is one of Boston's biggest hospitals with 1,000 beds and is renowned for its research and
      ARTHUR LEE  -  333 words
    • 606 13  -  HOCK LOCK SIEW Conrad Raj IHH ENRY Tay, the chairman of upmarket watch deal- er The Hour Glass, has lamented that his compa- ny is being treated badly i by the stock market. While having a drink at the lounge of the historical Manila
      606 words
    • 290 13  -  New contracts for work in Thailand, Malaysia, Indonesia By Christopher Tan [SINGAPORE] Jurong Engineering Ltd (JEL) has landed new contracts in Thailand, Malaysia and Indonesia worth more than $40 million. According to a statement yesterday, Equator Engineering Sdn Bhd, an associate in Malaysia, has
      290 words
    • 364 13  -  Outer of freehold buildings in inner dty bought for £41m By' Tan Su Yen (SINGAPOREJ Chemical Industries (Far East) Ltd is pushing ahead with its diversification into the London property market The company yesterday announced the purchase of a cluster of freehold London properties for
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    • COMPANIES
      • 210 14 AFP [KUALA LUMPUR] Standard and Poor's yesterday assigned a 888 rating and A-3 shortterm counterparty ratings to the Arab-Malaysian Merchant Bank, Malaysia's largest merchant bank. The international rating agency said the rating reflected AMMB's leading franchise in merchant banking services, strong profitability, adequate risk
        AFP  -  210 words
      • 451 14 Hawk conscious decision to slow growth; 35% rise seen next year Bloomberg [KUALA LUMPUR] Hong Leong Bank Bhd is likely to see slower loans growth for its financial year ending June 30, 1998, said James Lim, senior group managing director. Mr Lim
        Bloomberg; Source: Bloomberg  -  451 words
      • 214 14 Bernama [KUALA LUMPUR] Gold Bridge Engineering Construction Bhd yesterday proposed a 1-for-l bonus issue and a 2-for-l rights issue, and said it was tying up with a proper-ty-based company. The bonus issue will involve 18 million shares of Msl each and
        Bernama  -  214 words
      • 207 14 Reuter [TAIPEI] TI-Acer, a joint venture of Taiwan's Acer and Texas Instruments (TI) of the US, said yesterday it would invest NTIIOO billion (5*5.13 billion) to buUd an eight-inch wafer fabrication plant in Taiwan by 2000. The facility would be one of the
        Reuter  -  207 words
      • 180 14 Bernama [KUALA LUMPUR] Metroplex Bhd has revised its offer for sale of the rights to allotment (RTA) of up to 120.116 million new RDC Consolidated Bhd shares to CIMB Securities Sdn Bhd from 118.911 million shares previously on a one-for-nine basis at M
        Bernama  -  180 words
      • 262 14 Project to tap Middle East infrastructure business Bernama [KUALA LUMPUR) Promet Bhd and its 75 per cent-owned Singapore subsidiary, Ipco International Ltd, have forged a strategic alliance with the Dabbagh Group of Saudi Arabia to form International Project Developers (IPD) Ltd. Promet
        Bernama  -  262 words
      • 555 14 Shares seen as pricey on belief earnings growth will slow Reuter [KUALA LUMPUR] Malaysian stocks are unlikely to shine in the second half of 1997 after being battered by credit curbs and a slowdown in corporate earnings, analysts and fund managers
        Reuter  -  555 words
      • 178 14 AFX-Asia [SHANGHAI] A listed company which posts losses for two consecutive years must have its first half 1997 results audited, the China Securities Regulatory Commission (CSRC) said. Firms planning a rights issue or are considering interim profit distribution and pension fund bonus issues in
        AFX-Asia  -  178 words
      • COMPANY Briefs
        • 52 14 [SINGAPORE] Intraco Trading, a subsidiary of Intraoo Limited, has bought 245,000 shares of Sintra-Nlng from China Metallurgical Import and Export Corporation for $124,750. With this purchase, Intraoo Trading has raised its capital stake in Sintra-Ning from 51 per cent to 100 per cent, making it a
          52 words
        • 40 14 [SINGAPORE] The rights Issue 0f901.76 million new shares of Freight Links Express Holdings (FLEH) at 20 cents apiece and 37.2 million warrants will be listed and quoted on the Stock Exchange of Singapore tomorrow.
          40 words
        • 37 14 [SINGAPORE] Scotts Holdings has appointed Yin Kum Choy and Kim Seah Teck Kim as directors. Mr Kim is a lawyer while Mr Yin has served as senior manager in sn international accounting firm.
          37 words
        • 70 14 Reuter [KUALA LUMPUR] Ayer Hitam Tin Dredging Malaysia Bhd plans to sell two pieces of land totalling 20ha for MJ60.5 million (Ss34 million). The land will be sokl to its wholly-owned subsidiary, Pembinaan AHT Sdn Bhd, which in turn will be sold to
          Reuter  -  70 words
        • 56 14 [SINGAPORE] Bertie Cheng and Boon Swan FOo have been appointed directors of Singapore Technologies Industrial Corporation. The company announced also that Goh Kim Leong has resigned as director. With his resignation, Mr Goh has also stepped doWn as chairman of the audit committee, a poet to
          56 words
        • 51 14 [SINGAPORE] The Auric Pacific Group has agreed to sell offooo,ooo shares, repreeenting 30 per cent of the equity stake of The Beverage Company of Asia (TBC), to Beacon Investments f0r160,000. TBC is a locally incorporated company engaged in beverage manufacturing and distribution activities in
          51 words
    • INTERNATIONAL COMPANIES
      • 492 15 UKtaiecMicMap&iiy payiagßeOSMtk AsLoBbftrits24J>% stake in 2ni-largest Aussie ptaie firm Bloomberg [LONDON] Cable Wireless pic said it will buy Bell South Corp's 24.5 per cent holding in Australia's second-largest phone company, doubling the UK company's stake in a transaction worth about Asl.oB billion (5*1.16 billion). Cable
        Bloomberg  -  492 words
      • 58 15 [SYDNEY] No timetable has been setfor theflotation cf Optus Communications PtyLtcl, newly appointed chitf executive Peter Howell-Davies (above) said yesterday. Mr Howell-Davies, former executive of Britain's Cable and Wireless, Ufhkh plans to raise its stake t052-53per cent qfter the plannedflotation, said Optus was in talks with other
        AFP  -  58 words
      • 407 15 Reuter, Bloomberg [AUSTIN, Texas] Motorola Inc said on Tuesday it will take a US$l7O million (***** million) pre-tax charge against second quarter earnings to phase out its limited participation in the dynamic random access memory (DRAM) market The charges relate to the write-down
        Reuter,; Bloomberg  -  407 words
      • 275 15 Reuter [SEATTLE] Nike said on Tuesday its fourth-quarter profits rose 17 per cent, reflecting a slowdown in growth that the sports footwear and apparel giant had announced in May to the disappointment of Wall Street Nike earned U*****.8 million (*****.6 million), or
        Reuter  -  275 words
      • 223 15 Bloomberg [SAN JOSE] Sony Corp plans to begin direct sale of personal computers in competition with PC makers such as Dell Computer Corp and Gateway 2000 Inc. a spokesman said. One year after it introduced its first PCs into the US,
        Bloomberg  -  223 words
      • 438 15 exclusive cf if uUi with other airlines a potential ceocern FT, Bloomberg [WASHINGTON] US regulators on Tuesday approved the US$l3.3 billion (Ssl9 billion) merger of Boeing and McDonnell Douglas. The Federal Trade Commission (FTC) nodded through the 10th largest US merger without conditions after concluding
        FT,; Bloomberg; FILE PHOTO  -  438 words
      • 191 15 Bloomberg rSCOTTS VALLEY, California] Seagate Technology Inc has agreed to buy Quinta Corp, a developer of technology that boosts the performance of high-end computer disk drives, for as much as US$325 million (*****.8 mil Uon). The company said it would pay US$23O
        Bloomberg  -  191 words
      • 334 15 Bloomberg [CUPERTINO, California] Apple Computer Inc shares fell to their lowest in more than 11 years on Monday after the leading maker of Macintosh computer clones said it plans machines that use rival Microsoft software and Intel chips. Shares of Apple fell 1 1/16 to
        Bloomberg; Source: Bloomberg  -  334 words
    • FINANCE & COMMODITIES
      • 378 16 Number of banks holding such contracts rises for first time in over a year Bloomberg [WASHINGTON] Derivatives trading revenue at US banks climbed 28 per cent in the first quarter this year, as the number of commercial banks holding derivatives increased for
        Bloomberg  -  378 words
      • 312 16 Bloomberg [CHICAGO] ABN Amro Bank plans to cut back lending to North American customers who don't use the bank for a broad array of products and services part of an effort to ensure its corporate business remains profitable. The Netherlands' largest
        Bloomberg  -  312 words
      • 372 16 Central bank urging them to recover bad debts and increase their competitiveness AFP [NEW DELHI] India's 50-odd state-run banks have accumulated more than US$ll bUlion (5515.7 billion) in bad debts, the country's central bank said on Tuesday. The Reserve Bank of India
        AFP  -  372 words
      • 39 16 [DHAKA] Bangladeshi women hitting bundles of paddy against a drum to separate grains at Savor, north of the capital Dhaka, yesterday. Bangladesh has produced an estimated2o.2s million tonnes of rice this year. REUTER
        REUTER  -  39 words
      • 570 16 A prototype US bank branch abounds in innovative design, technology, service Bloomberg [STAMFORD, Connecticut] Want a car loan fast? Step into the Merlin Bank. Here you don't even have to meet a personal loan officer. You talk to one via television. Best
        Bloomberg  -  570 words
      • 248 16 SIMBX Report Reuter [SINGAPORE] The Bank of Japan's (BOJ) accommodative money operations lifted Simex Euroyen and Japanese government bond (JGB) futures yesterday as lingering fears of rate hikes faded. Dealers said BOJ's injection of about 100 billion yen (531.25 billion) in the morning which
        Reuter  -  248 words
      • 152 16  -  MSCI TAIWAN FUTURES By Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures saw subdued trading yesterday as the number of Hongkong traders was lower than normal. The discount to cash in July ranged between -9.5 and
        152 words
      • 197 16 ENERGY REPORT Reuter [SINGAPORE] Oil traders said yesterday they feared heightened customs checks by the new authorities in Hongkong to prevent diesel smuggling into China could hamper their legitimate business. They said the freer flow of information on imports and exports between China and
        Reuter  -  197 words
      • 281 16 Reuter LOM4I THE US dollar remained on an .uptrend against European currencies and stabilised against the yen. Dealers were waiting for the decisions by the Federal Reserve's monetary committee due to be announced late yesterday. The overwhelming majority of them expect steady US rates. They will be watching
        Reuter  -  281 words
      • Article, Illustration
        511 16 DtTERBAIfK OQ88 RATES Jull& a a n i. «m>«w w m n» a sr sgBSBtsta.. CUM OiW UH IJtf MM IlW MM 4JM 2J27 0.M 1MB UM I itt SJ73 0.172 0545 am USO 1459 0.072 0.120 ECU 1493 UM MM U24 UW &7Z2 40-123 27.400 UM MM 22# ISM!*
        511 words
    • 1029 17 BOOM PUTUEB8 Jul 02 MHIMpw da** tf UQp) CtoM VMM OpM M» I— Itt ftMM) tfrmt A* 97 O7.00 137.00 133.00 100 KOS SM 9? Ma00 07.00 07.75 300 1095 0d *7 147.00 HI 75 V40.75 350 1700 Iff JO 144.75 142.00 350 1700 Otc 97 140.00 145.75
      1,029 words
    • 1663 17 Ml tmm *t X Grot* 509 4 AS Parts 255.400 *400 AIMvlMIM 862 *17 AMadOeiPOCj 427 «MC 155.400 unch Asde Group 127 uncti ■ATM 549.400 *1400 KK 229 -5 BKC *****0 .400 BOCGroop *****00 *10 MMMka 763 ****** BTR 2V4400 3 •aril of Scotland 40X400 -2.600 Barclays
      1,663 words
    • 1441 17 AFX-Asia □muss «am JAPANESE share prices rose on moderate bargain hunting to close 0.1 per cent higher yesterday after the key market index slipped below the psychologically important level of 20,000 points at one stage. The 225-share Nikkei Average finished 20.90 points higher at 20,196.42 while the Topix Index
      AFX-Asia  -  1,441 words
    • Article, Illustration
      695 18 AFP POwpritohlg -L4I SHARE prices eased yesterday as investors took profit and amid caution after the Thai baht was floated and immediately plunged. A dealer said the market appeared over-bought at the opening, causing some profittaking. There was caution about events in Thailand, but the consensus seemed to be
      AFP  -  695 words
    • Article, Illustration
      845 18 AFP n SET Mm +4L51 SHARE prices soared 7.9 per cent yesterday on foreign buying after the central bank abandoned a rigid dollarweighted exchange rate and allowed the baht currency to float. Analysts said the Bank of Thailand's move was a great relief to sentiment as it removed a
      AFP  -  845 words
    • 308 18 AFP £2 Manila -5M6 STOCKS fell yesterday as Thailand floated the baht and on underlying concerns over corporate earnings. "There have been expectations of lower second quarter earnings but the linchpin was the sudden devaluation of the Thai baht," said a trader. The Composite Index fell 50.65 points to
      AFP  -  308 words
    • 397 18 AFP nOwpwiteliiß *1121 SHARE prices soared 2.5 per cent yesterday with sentiment boosted by hopes of stronger exports. Dealers said institutions and foreigners bought blue chips and other large-cap stocks expected to benefit from recovering exports. The Composite Index rose 19.26 points at 777.29. Turnover was 52.2 million shares.
      AFP  -  397 words
    • 582 18 AFP HAnOrtoriM jjU STOCKS soared to a record close yesterday, surprising brokers by riding high on a combination of heavy buying and positive economic news. "No one expected it to be up by 25 points. There's speculation that when the market reopens in Hongkong there will be some overseas
      AFP  -  582 words
    • 241 18 Bloomberg U Wellington *130 STOCK prices rose yesterday, led by Fletcher Challenge's energy shares. The NZSE Top 40share Index rose 2.30 points to close at 2,493.16. Trading was valued at NZ$B2.B million. 1 *b rmm AMZMUitl 10.90 0.15 ***** AdvtnUQM HMfS LOT unch 21*00 A»NowZeM«rt(A) 3.15 »a01 *****8 Air
      Bloomberg  -  241 words
    • 354 18 AFP □WPMei -33JM SHARE prices eased yesterday as investors reduced shareholdings of integrated circuit (IC) issues, brokers said. "Retailers followed institutional investors to dump overvalued IC plays, with most semiconductor shares slumping by the daily permitted limit of 7 per cent," said a trader. The Weighted Price Index fell
      AFP  -  354 words
    • KUALA LUMPUR STOCK MARKET
      • 7689 19 Cmhmt infects iwr um v«4 oey Mot Cap W» Lew fl—iay Ml -000 High lw W <K ?N MO Qnnrtl 600 3X2 24X2 441 2D Angkasa M 35 316 306 9.4 445.9 90S 6K> Apoko Tood Hlg *70 9 23 675 640 264.0 420 W9 242 -t 1944 242 237
        7,689 words
      • 451 19 AFX-Asia HCnpwttllfa +5J6 SHARE prices closed higher yesterday on continual interest in select blue chips and second liners by local funds and retail investors, with the baht's move into a managed float having no lasting impact. Dealers said investors largely discounted the effects of
        AFX-Asia  -  451 words
    • WARRANTS & OPTIONS
      • 3331 20 1997 Last V«4 Day L«t Ouot* »try Im Mm C—p—y Ml *or- (*000) Lm hy« Mar Mo M 44.5 m 3000 m AMQ6 C9.5H*****6 46 uncil t 44 4« 45.5 48.5 *7 413 3160 A Acar 1******1USS 52 -2.5 25 53 52 52 S3 131 70.5 3164 Acnvt W0I0724 71
        3,331 words
      • 208 20  -  WARRANT WATCH By Ven Sreenivasan A WAVE of speculative activity on the Clob-traded front raised the prices and volumes of many Malaysian-listed warrants yesterday. But one warrant worth watching closely is that issued by Tongkah Holdings, a company controlled by Prime Minister Mahathir Mohamad's son, Mokhzani.
        208 words
    • 1981 20 «r Or •17 Last vai Day MMl Ob W M MCv 648* Lot Km Ci i«| Mi *h COOOI H8* Lot Bayar Mhr Car W Mi 478 296 MS 5000 ABB 50c 306 *9 26 306 298 304 306 54 4.9 0l5 6X4 31X9 137 874 MS 5001
      1,981 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1419 21 TUtNOVCI COOO) VALUE COOO) cm i«M mm tm mdwtriH 40,451 >9,054 59,705 90.270 21,102 11U72 FlMMW 4.415 1,626 8,043 3*282 5,128 43.410 HM 1,661 *99 2.556 4/148 1.501 5*49 7,546 1211 10.757 ***** 3,844 «*UMon 912 *12 *206 5,206 MMnq 172 172 232 232 81* 2.419 4.793 7412 V890 4,109
        1,419 words
      • 5092 21 Or Or M Wt 1997 Last Vol Day Last Ouot. otv Mv YM Net Cm Avq High Lew StMo Company Sale COOP) W» tw liyw Seller CVr H '/I Si* Wo MttfSTMALS 5146 ASE NTS10 200 US- 885 885 1275 ASFUSICIOO US885 885 88.5 203 155 1258 AcerSOc
        5,092 words
      • 1059 21 19*7 Last Val Day Last Owata «Dtv YW Nat C* An Hfh Laar »«Wa Cam»anr Sala rOOO) MH> Law fcnrar Waf Cw P/I Vn8 Wo (BH M6 76 a 2000 AMHM«sSc 108 4 85 110 107 107 K>8 3.0 6.0 0.1 154.3 46.0 112 280 144 a 2049 AS
        1,059 words
      • 176 22 Da* Zfcoaf 9,126,000 R 8,652,000 Raffles MedlOc 4,570,000 MS Land 3.124.000 TACN***** 2,030,000 TytSmlOc 1919,000 nWHMpSOc 1,741,000 UlrayHZOc 1713,000 Sto«Ttf 6c 1569.000 OyiyM U7H000 Mi S MS UM 13,927,475 SUForaip n. 780,300 OCSCFtrrip 10,587,888 Hanfin Zlwnq 10,358,060 I AC RIO 200 10,201,0% UOCFMp 10,145,700 MSFMip 8.090.946 atyDrrSOc 6,651.100 •NSCFwrip 4,554,760
        176 words
      • Article, Illustration
        62 22  -  Ven Sreenivasan INSAS BHD, which had been sliding in the last jour months, edged up two ants to m certts jwi to. However, the technicals indicate that the stock will have a tough One trying to break above the $1M leoei. Although the deUfy RSltstn oversold territory, the
        62 words
      • 632 22  -  STOCK MAUHT OOWmMTABT start of trading proved to be short-lived as the market is hit bj jitters ever the floating of the Thai bah t By I Ven Sreenivasan [SINGAPORE] Clob-traded Malaysian stocks dominated trade in what would otherwise have been another lacklustre session
        632 words
      • ON THE GRAPEVINE
        • 94 22 DOCTORS don't nib a km oTaowr, It m HIIIII m 111 nil Ml ■i M -i AH (HmVtficiin na gyDMOMOgn* taMooe of our reporters durlig a signing who drive expensive care come from wealthy pedigree in the first piece. Hsalso Instated that pr—ut day doctors
          94 words
        • 85 22 AS PART of the Singapore Food FaetivaL a teal hotel has announcoda M vtrttial food tetivil with cytw rrmlt from tfat Kaat and Wast" on otkr, electronically. ANA Hotel win letlmjiiiliuwesniiu^i I I 11 mm 1 t_. tne internet, win a omr pactanNmaan far each day of the weak,
          85 words
        • 105 22 3j the departure oftha Ho^oofll live. thereJnat waant muAiiew mini ting „'.j to do. Time, oar set octtolook tor thlni which he thwuhl symbolic. Hare are aoraeofthe thin—he obeerved: ♦It rtarted drinlingjuat before the Britiah departure? ♦British uniformed staff with Royal Navy k umbrella fell flat on the aUpKiy
          105 words
        • 38 22 Coafbrttelhto ♦Itwrfl itrmifliiMlMiiiiiii»fwii mi rtoin :v -v and sfrwHrtwi J -4iUw*y* Mk ttepnttogvirtildiivatoh*^ would llkt to takk. migailratotST* U W ♦Opto ttw door nndhitpthm»rl nwrt 5 dlMUldtOprtillMßdOQttftjbkGSkw^^^^^^^ WW >r^phMßttawite S£cf£rtSMM Itijii haanetkft>ay btion«li«i behind. AndbowdfcljwccbtMNftf >
          38 words
        • 45 22 ASKED to rank in order of pr«fcr«c» Kfrflwitai wt<>— mwoi a*ai fauftwunuUi» ooodotijniuin, moet(aboutBopar oaot) f! respondents to i tuMiiiißiiMl nigNpMik thorn tofts MRTandotharpqbMc top priority. Tbskmost priority, itssams, S3SSSCKSKW m*iL. rHUttB nlMlWiftllinMg mllflvflKuMP fc,., it. y m K 1 HIWMBW
          45 words
  • Page 13 Advertisements
    • 93 13 &Z- i tFree drinks at The Regent (with a rather i pleasant catch). An open bar all evening or a complimentary bottle of wine? There has to be a catch. And there is. The fishermen's freshest, in fact, prepared in abundance before your eyes and served with live music beside
      93 words

  • Page 14 Advertisements
    • 364 14 (incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eighteenth Annual General Meeting of Rothmans Industries Limited will be held at its Registered Office, 15 Senoko Loop, Singapore *****8 on Friday, 25 July 1997 at 11.30 a.m. for the following purposes: Ordinary
      364 words
    • 10 14 4 l?P J* > MI l> u^ynpcr jGross BulfMri i k:
      10 words

  • Page 15 Advertisements
    • 72 15 SINGAPORE'S MOST LUXURIOUS SHOPPING ENVIRONMENT IS NOW |H| LINKED TO SINGAPORE'S MOST EXCLUSIVE FASHION GALLERY. llb2 /t flemeljfcmee-er CommedaCarfonM. Cottume National Mm VanNotm. A Terton. Anna Molinan Blumanne Brian Calrin Clan Carrier Chrianofle Daridoff JWJrrftfeW John Galhano. Martin Harpd*. Unity. Yoh,i Yamamoto Donna Karan. Fend. Ferr* Giorgio Annan, Codira ChocoUtier
      72 words



  • Page 18 Advertisements
    • 70 18 IKCK Mill, GENEVE I V J <" .1 (Mlirial I I iri('krc| mi ©Master of (teal tons \'f I .<• Man- I llmu SINCERE lvmui i v> Kmii |{\\CI:2I U For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer
      70 words


  • Page 20 Advertisements
    • 120 20 fj Tailored shirts m#osurM up it cottvm to from selected ta* o »hlrlslhat also fit woiwHh your budgot.WHhovor 60 \9mm m fabrics: yoars or tailoring oxporlonco. wo can offor a choico ol ovor 1000 dtfforont fabrics and an oxdtlng rango of shirt stylos. M>J And from now Mi 31 July
      120 words


  • Page 22 Advertisements
    • 526 22 BUSINESS Notices M THE MATTER OF THE COMFAMES ACT, CAP. 90 AMD M THE MATTER OF THOMSON COURT PTE LTD Sa-iaßiryyißiiiilaij NOTICE W HEREBY QIVEN purauanl to Secflon 308(1) of Bw Csmparlss Act, Cap.SO, Bwt a Rnal General Heeling el Bie abovewamid Coatpany taBI be IwM al B Penang Road
      526 words
    • 274 22 Bf THE MATTER OF THECOMPAMEB ACT, CHAPTER 50 AND Bl THE MATTER OF DOQACC PTE LTD fN MEMBERS' VOLUNTARY UOLMOATIOfB At si ExfeiofdNry Qmno Meaßng of Bw Mambara of 008ACC PTE LTD duly convened and held M 20 CeoM Street, #12-02 The r'lrfiarqp ffifqpfinrilMtT'Ufi onttw 25 June 1887, Bw duly
      274 words
    • 421 22 To advertise call toll-free 1800-*****83 IN THE MATTUt Of TlUt COMPANIES ACT, CAP. M AND IN THE MATTUt OP ADAMAS INVESTMENT PTE LTD OaMimbirt'Vilsstmj ll|ilMHi«) At aa Extraordinary General Meeting of Ike Compaay duly comraed and held at 43 Cantonment Road. Singapore *****S oa XHt day of lane 1997 the
      421 words
    • 72 22 mugged And you don't even have to be in New York! Just go to the Promenade or Paragon during The Great Singapore Sale and spend $250 on American Art mug worth $23. You will also have a chance to win $2,000 cash and a $650 Royal Selangor pewter tea set
      72 words

  • SHIPPING TIMES
    • 235 23 Reuter Bridge News. LEVELS remained strong in the Atlantic and the east, but brokers are now questioning how long this (an be sustained with plenty of tonnage still available for the end of fuiy. Despite July opening S points up, the feeling in the Panamax market Is that
      Reuter; Bridge News.  -  235 words
    • 148 23 SMMHW—_*—.101 -002 164 9mm m m«>mwF—U4 -003 70 fflfMLXw 04SS MCk 77 pifcWNI 0.735 ♦0.005 23 "■ESSBCZZtJO "22 *5 fc>»lTcor» 6.40 *CM 496 Na«9*rtLS U4 undi 104 137 -0.03 96 MMW tOI undt 37 MiMVlfitM U0 uncft 79 Mjtllltll L33 -002 3 L24 -O04 290 Spr>|M— km .US
      148 words
    • 484 23  -  Five oil majors to form Hongkong Response Ltd by year-end By] Felix Chan [SINGAPORE] Five major oil companies will be setting up an oil spill cooperative in Hongkong which will be operational by the end of the year. Hongkong Response Ltd
      484 words
    • 178 23 [SINGAPORE] Sembawang Maritime Limited (SML) has taken delivery of the sixth tug under its order for eight, and will exercise the option under the contract for three additional newbuildings. The latest tug, christened Sea Tiger, was built at a cost of $5 million at
      178 words
    • 722 23  -  MEWBUILDS By David Hughes SOMETHING of a pattern is beginning to emerge from recent newbuilding contracts. While there are still the occasional container ship orders, these are very few and far between; quite different from the situation of, say,
      722 words
    • 390 23  -  Aid package includes 5-year, 30% subsidy for domestic and export orders From Vivek Raghuvanshi in New Delhi [NEW DELHI] The Indian government has announced major concessions to boost the country's ailing shipbuilding industry. The aid package includes a five-year, 30 per cent subsidy to
      390 words
    • 478 23 Vessel estimated to be leaking 13,400 tonnes of erode oil Reuter [YOKOHAMA] A supertanker was ripped open by a shallow reef in Tokyo Bay yesterday leaking an estimated 13,400 tonnes of crude oil, a coastguard spokesman said, causing Japan's worst ever oil spill. "There
      Reuter; REUTER  -  478 words
    • 306 23 Bernama [KUALA LUMPUR] Halim Mazmin Bhd expects two recently acquired container vessels to add more than Ms 34 million (5119.2 million) per year to its revenue over the next seven years. The two second-hand container ships are scheduled to be delivered this
      Bernama  -  306 words
    • 1060 24  -  Oil. POLLUTION AT SEA: FIGHT GOES ON Response centres have been set up around the world with equipment and expertise to help in handling oil spills By\ Felix Chan ON March 24, 1989, a modern three-year-old tanker outward bound from the oil terminal at
      1,060 words
    • 249 24 PAGE Evergreen 6 ACl tl Famous 7 AM. 3 FL-tright t Accord 12 tangSun 12 AppensNp 5 GUnk Astro 3 Gemartrans 13 Austral 11 Avant 6 Ctobefc* 7 BSA 7 Golden 12 Batammdo 7 GuanGuan 12 B'tangMas 12 HaiSunHup 12 CCIII 7 Hang#
      249 words
    • 15041 30 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT I ETA CTA Mvartter VmoM Voyagt TXiphom ETA CTA Atfvtrttaar VMM* V«V*«* TH0wi SIN 0»tfn Htm* Now* NunWr NmiWt a To BRISBANE (BNC) 2058 Queensland, Australia lb ABIDJAN (ABJ) 2003 01/07 w/00 cosco song he <R07 *5-22*1000 Ivory Coast, Cote 0 Ivolre o/r n/o? am.
      15,041 words
    • SHIPS IN PORT
      • 668 37 *wmI Voy Wo tiirtlt Airfrol Dgrtw 4m|M *M IMl 1 JM llimUl 03.07/0400 M L«Ur1 *****7 J01 Id 03.07/0*00 M Mat JAY) JOT ilniHi 02 07/2351 MM 2Tff 897 JOT Ma*M 02 07/1800 Carat* Ja32* 3/97 JOS aMpM 0107/0*00 CM 2002 CM2002 J04 iteQliM 03.07/0000 Oa»M 03 JO*
        668 words
      • 1332 37 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Booktaf/Batonc* Rstts SMp Vot Wo Et>/Btr Nrtcd Frw To Fr— ka HM OM OV23M M 02/BM 02/MM 02/1900 02/800 02/MM 02/**X U 02/1700 OVMM 01/0900 OWTO 03/0699 OVOtOO 1 01/0700 OVUM OVMOO 4 01/1200 OVMM 01/1700 tow WW OS/ON M
        1,332 words
      • 198 37 Jbl3 Belarus: Republic Day. N4 Iran (tentative) death of Prophet Mohammad. United States: Independence Day. Zambia: Heroes Day. MS Czech Republic: St Cyril and Methodius Day. Slovakia St Cyril and Methodius Day. Venezuela: Independence Day. Zambia: Unity Day. Jal« Czech Republic: Jan Hus Day. Lithuania Crowning of Mindaugas.
        198 words
      • 829 37 THIS report, complied by Cockett Marine OU Ltd. shows price ranges In US dollars instead of single prices for a more comprehensive description of the market. Price* shown are baaed on average sized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the
        829 words
      • 302 37 r?" *o"■ 992.9 0.5, ai o.m 75 osa z CW| T ItoNr Owtfco Am U—t+m Mo atow £25 3 0 0 0 0 .0 %m 390 Aw 907.2 OJ 12.5 0.07 39 OK u/ir] *0«" 99U 10 I7J 0.12 M O.M 522 *!2 %WU %w Wo
        302 words
    • AIR & LAND TRANSPORT NEWS
      • 420 38 New US air travellers group rates safety of 260 airlines Reuter [WASHINGTON] A new organisation representing air travellers has begun compiling safety ratings for airlines around the world and has failed 29 of them, its founder said on Tuesday. The Air Travelers Association issued
        Reuter; FILE PHOTO  -  420 words
      • 42 38 {MEXICO CITY] Passengers are stranded in Mexico City's international airport after all theflights were cancelled because of the clouds of ash spewingfrom the towering Popocatepetl volcano. Popocatepetl has spewed out ash and steam many times this year. REUTER
        REUTER  -  42 words
      • 293 38 (KUALA LUMPUR] Malaysian construction giant Ekran Bhd has completed a Ms3ls million (126 million) extension project on the Langkawi International Airport's runway, officials said. "The runway extension project to enable Boeing 747-400 aircraft to land will be handed over to the government on Saturday,"
        293 words
      • 89 38 Bloomberg [STOCKHOLM] Saab Automobile AB, an unprofitable Swedish carmaker jointly owned by General Motors Corp and Investor AB of Sweden, said it sold 3,761 cars in the US in June, 15 per cent more than a year earlier. In the first six
        Bloomberg  -  89 words
      • 206 38 AFP (NEW DELHI] More than 70,000 Indians have died in the "anarchy" of the country's roads in the past year, the highest road death toll in the world, a research institute announced. About two-thirds of the victims were pedestrians, cyclists and "non-motorised
        AFP  -  206 words
      • 295 38 Reuter [LONDON] The UK Trades Union Congress (TUC) said its general secretary, John Monks, had invited representatives of British Airways pic unions to meet him to discuss the current disputes with the airline and consider support for them. BA faces strike
        Reuter  -  295 words
      • 242 38 Another Indon carrier, Merpati, cancels 80 routes AFP (JAKARTA! Indonesian national airline Garuda Indonesia plans to slash its workforce by 4,000 workers in preparation for a public listing, newspapers reported yesterday. State-owned Merpati Nusantara Airlines, meanwhile, has cancelled 80 of its routes
        AFP  -  242 words
      • 213 38  -  By' Yong Mei Fong [SINGAPORE] Giant insurance corporation Lloyd's of London has set up a dedicated business unit for its aviation business. The organisation announced that it has decided to make its aviation arm, Lloyd's Aviation, a separate entity within the corporation from
        213 words
      • LOG Book
        • 51 38 Reuter (SYDNEY] Qantas Airways Ltd said it had won a two-year contract valued at A$l(L5 million (5117.6 million) for air 1 travel and related business from the state government of Queensland. The airline said the contract would begin in September and involved four state departments.
          Reuter  -  51 words
        • 91 38 AFX-Asia [SHANGHAI] China reduced domestic airfares for ||j foreigners effective on Tuesday in a bid to unify its existing two-tier domestic airfare structure, an official of the Civil Aviatkm Administration of China said. At present, foreigners flying within China are charged a ';g higher fare
          AFX-Asia  -  91 words
        • 80 38 Bloomberg (CANBERRA] Australia's Defence Department said yesterday it has chosen three companies to submit bids to supply new light transport aircraft The bidders are the M government-owned Indonesian manufacturer IPTN, Casa of Spain, and Lockheed Martin Corp. "The new aircraft will maintain the
          Bloomberg  -  80 words
      • 1442 38 OTY fUWff CM FU6HT ETt AfeiaMa 0f81 1930 Of 82 2055 S0803 1905 S0804 1020 sm> 2220 obm i AasttrtM KL843 0455 ***** 0025 W—» VM74I P10 VW740 WO DL25 0655 KL838 2300 HatYai TC407 2105 T6408 0820 S025 0655 DL26 2355 M895 2150 MI896JM6 H37
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  • Page 23 Advertisements

  • Page 24 Advertisements
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    • 507 24 Un* A swvioee raprwenled byMambariafttwßagiakyof Mwnb«*o«tw Accradlad Shipping Agante, SmJ Sing>por» Frtga ForwrtW S*poraN—ondShipping A—oc Minrilaii. Just talk to as... IrisLim 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2069 pqie KK/NAHA/SP€>AI/CaUAOf »amn tm mm mS mm I iurl IIS 5* —nv~n& nii =z— taoomm ilv iu7 Imvliut tuu n* hB
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  • Page 25 Advertisements
    • 1177 25 PAOfIC SOUTH WEST EXPRESS (DWECT) ALSO ACCEPTING MAHAUS VIA LAX/HOU Ivesa 1 vot I m 1 sura Iswnp I ux I na I mb> I oo mk m. mom I mm sm 1 AfllHflUM) 0141 123/06 25/06 26/06 11/07 I 15/17 I 16/17 I It/87 17/07 17/17 16/17 1 14/17
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    • 1377 25 OHANJIN SHIPPING USA CANADA* [iMma/vor m su m m tot 100 ptt iw no. |«m «a» oos wrc |o» ra to |ra|m nc usAMFUwasco w n/v_ n/v_ 14/07 10/07 nm vm 17/07 u/07 20/07 21/0; 30/07 21/07 21/17 "oi7oo~ 33/17 10/07 »/w~ 30/07 11/07 10/07 M.swni>m w/07 11/07 3i/»/ 02/10
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    • 89 25 [Am] ORIENT EXPRESS UNES (U.K.) LIMITED l/EL (MANAGER FOR SHREYAS SHIPPING LIMITED) WEEKLY SINGAPORE/MUMBAI (BOMBAY! SHUTTLE VOT SWWOM lOMMT YBSE VOT KKUI SMWOM MEGHNA 826 07/07 15/07 MEGHNA 825 25/06 06/07 NOftDKAP 413 11/07 19/07 NORDKAP 412 29/06 11/07 JUTHA PAKtCHART 004 13/07 22/07 JUTHA RARICHART 003 02/07 13/07 NUPTSE
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  • Page 26 Advertisements
    • 1265 26 CST DSR-SENATOR ni Round the World Container Services IJH/CONTINENT FEOM UK/CONTINENT mmb. soy ww srv won fu amt "lji* 11 xewa. |wt luia I urn I srv Ihmi Irji IwrT mm PKraBB wmtm nn m.*7 CHOYAMSIORY K7M MM mm 12 Muhmm «i 7 CNOYAMVOMA WF7SI MS7 J1.17 SIM KM MM
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    • 808 26 I NORASIA I I VESSEL VOY SSI OOA LAS BCLVAL ALQ ROT MX ANT FEL LHA MOR SHIGA KM 62*7 IMI 17*7 IMB 2M7 3M7 2M7 31*7 24*7 2M7 23*7 MIC JASMINE 16*7 28*7 24*7 28*7 BMB H*7 BMB I 7« ri/M 02*1 31*7 NOR DEL >727-3 16*7 81*8 31*7
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    • 530 26 feIJESSELTON LINE Off? TIL* 22SS3SS PAXi *****37 IIAEUAH vosa vot no iu vissa vor rre ru sum MIMA SfOtl IN MULoarr vi«/♦; 07/07 10/07 ummmmt vow/o; 00/0/ o*/v tfMCUBY VIH/17 IS/17 11/07 ARtGUXT VI7I/V IS/17 10/07 JPWSfH VIOt/V If/17 22/07 jrtOSfHI YIM/07 19/07 2S/07 AMtOOOT VIK/I7 24/07 27/07 APM6UXT VIS/97
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  • Page 27 Advertisements
    • 1114 27 vmbb. vov «h pou I pko wi m.w ba mm. JNAH NABUVAT PJL-1243 12/07/97 14/07/97 23/07/97 20/07/97 WAN MEELAD PJL-1238 90/06/97 18/07/97 11/07/97 MAN OHEYAMAT PJL-1238 21/08/97 01/07/97 jWANYJUMN PJL-1228 10/08/97 20/06/97 ACCEPTING FULL CONTAINER SHIPMENTS TO INLANO POINTS IN IRAN I CIS COUNTRIES I.E. AZARBAUAN, ARMENIA, KAZAKHSTAN, UZBEKISTAN. TURKMENISTAN.
      1,114 words
    • 1067 27 TIL 21*1900 WLtMMt OUTWAtO(I/l) 4205M2 JOHOM I Co "y lllff 'Nt FII ITP #17-01 MS HOG SAUS/NGS 4205*41/43 INWAID MPT (D/ 0) *****15 COSTAB AGENCIES (M) SDN BM I *****25 TEL Ql-07-1S Mitt fftlt W4?.tfWl?t I vs/wr Iws sw w mo n dm m m m« Dun momsmns rv~l SS^iS?'
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    • 401 27 f/JL PERKAPALAN DAI ZHUN A llJf TONGJOO SHIPPING PTE LTD CR NO: **********0 C REGULAR CONTAINERISED SERVICES TEL: (65)535 7793 FAX: (65) 533 2952 K9C9m+fASTtST MttOttfTY UtTWA 90 CM jjWjTOTO^ AfPU ***** 13/07 1 GUOO 175* 09/17 WHOO 971S M/ 17 «GI 4750 94/97 61T0N6 9733 11/17 I 9714 15/17
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  • Page 28 Advertisements
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      1,218 words
    • 983 28 IVBSa VOTAfil Sfif MIttNIM UN IWT IM VtSSH VOTMI DM Ml AM DM MM SM I IN COCOM (MtMJW IMJ7 70/17 JMg 71*7 77/17 7M7 I\/V H/V Ml OMIT 0454-03* 77/ M 77/ M 7VW 74/ M 7S/0* 07/07 I MOtMUC *****3W U/V V/V 27/U7 an; 20/17 x/v M/ 07
      983 words
    • 375 28 risk NANTAI LINE FUUY CONTAMERISED SOVKI TO MAURITIUS SOUTH AFRICA wna I w I I rut I m i or MHMHMKBS US WV M MB ■waoutßi wis iw w w m umtrmi tits v/ta *gt "u/w" ma vans wis vm WW urn ?i/w »w »i« ivw km \nm m MOTUrBKBS
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  • Page 29 Advertisements
    • 698 29 i BSA i. MYANMA \BBk FIVE STAR UNE (My«HMr NoHoml Um) Lm<i for YMfM (Rm|«m) VtSSfi VOY SM PIO PfN POII PAGAN J44W SU> minbn umr an ■AAA YSIA AGENTS: MWSIUO SMPPMG AGOKKS KUL TH 02-43-*****09 KL TH 01-03-*****01 rat TH 02-44-*****02 K». TH 01-07-2$ *****/4 BANK UNE (A Mrvfco
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    • 1318 29 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKG: *****32 >VBm VOT ai I ANT I HOB I 1 m HT HPBN MAW M/ 07 23/07 24/07 M/ 07 M/ 07 U/S 19/07 HYOMMAI MOW 13/07 M/ 07 31/07 02/ M 92/04 02/ M M/M MTOOM 304W M/ 07
      1,318 words
    • 505 29 FAMOUS CONTAINER UNES ilfs 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT LINE: *****33 (30 UNES) Twice Sailing To UNITED KINGDOM siSrLANn? V^ Gl W D London^-? SOMXKMfHPTDN DIRECT SAILING TO SOUTHAMPTON FELIXSTOWE Please call for FAMOUS MOLLY I *****33 P. KLANG PH: 0203/*****33 (20 LINES) PENANG PH: 0204/*****7 (10 LINES)
      505 words


  • Page 31 Advertisements
    • 44 31 To retrieve more schedules, just follow these simple steps... document 740-6000^^^^^^^^ be faxed JT A PrBSS the port your St Step key in the four %jJ|hone number code Key in your Exampto: fax number To HBN YORK (NYC) 2275 for calls within Singapore S^fcBßHBBpHlBBl
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  • Page 33 Advertisements
    • 408 33 7hahSa«l W~klylfl»Kl I |OD|C3| Ssrvicu to Caribbean lihipfino A Control Amorica AfICMMA APISMGAPORE 019E 015E Port Country 09/07 16/07 Brf»CHy Um 12/08 19/06 BodgOown Borbadoj 15/08 22/08 Cartagsna Colombia 14/08 21/06 CaKriM Si Lucia 14/08 21/08 Fort d* Franc* Martinique 15/08 22/08 Fiwport Bahamas 10/08 17/08 Kingston Jamaica 12/08 19/08
      408 words
    • 1110 33 ADVANCE CONTAINER LINES (PTE) LTD AP I 140 CmM Street, #12-00, PIL Bulking, Singapore *****0 _.MV Li TEL: *****21, FAX: *****19, TELEX :RS ***** ACLPL ——CR NO. **********0E 14WWMK JAKARTA (5 SailM«(/WM«tp PAT 3 S»Hn» bMjrr I umn to ICH) ,4 vma wr* aw mi vtMa I** mn jkt aw
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    • 631 33 I "1 WDILEHIMMX IWM TOP ANR VUgQEVtiA VMW OMIT WW WW 27/07 2MJ7 30*07 31/07 01/08 VHEOECAPaiA T2IW 13W7 23/07 2V07 08)08 ~~0488 o£» 07/08 o*oB WUEDEHHA 20*07 3<W7 OKDB HWB 11/08 13/08 14/08 IMM D'AOUAWJB UHW 08/08 gW 17/08 IMB arwnn 21/06 2MB c ,onw,w>w «*—"—«■oorHommatAW<m« bjwhahurnwm» S?g£.— S®
      631 words
    • 18 33 I REGULAR CONVENTIONAL I I "nMBER ANDPLYWOOQBEHVICEB gwoMuuiww n/u \i/y na/m/mm I I"UM 15/07 OOUMK/WSMNKT I BOLOWWIW<MM<WWIWMUW)ofowt» I
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  • Page 34 Advertisements
    • 710 34 »«N«««K I I Wf itiLANO <tMR W» tm I mk mm »5» XETHABHUM gg Thu mPt Sun OVlt7 OUHU BHUM 7753 ~Thu lInPI Ftl [04/07 NANTABHUM 362 ft Sat 06/07 ~rS 08/07 S.MAS EXAM 7817 FX 04/07 Sun 06/07 YANTRA BHUM** 196N Sun ~oSST~ Wad 00/07 |JAHU BHUM 7301 Sun
      710 words
    • 134 34 r GOLDEN UNE V&o\ QUAN QUM MPPMB (PTE) LTD H Writ %w Sm fIMIMM MMM STtAITS/KISIAM CUlf-(HI«A IYA Nrt SI MM SHAM OHO/I/ te/MjM AVSI *****7 AKI 14-I*l7 tttahl COIDBItUg 10-W/H7 GUAN GUAN SHIPPING SDN. BHD. (*****1) SI, Mm Ma Mm, 4 20C0 Part Dai* StbwOnlflMviMi IHEPHOM: 34MM* (41MB) FAX:
      134 words
    • 502 34 PUL INTERNATIONAL rrr StAIfCBE) IJE I 04/lH m I um I afL I nMM/lWi W> I M/l" w I M/B7 IBW I M/ITM I ill* I 2* iim I I fif.ii I n** 1 {flg 1 grmar ar i m/oi tsti mri a i-tffiri gTlfcßr lUK I lf/6y I m
      502 words
    • 642 34 a ACCORD A SHIPPIKO PTE LTD Til: 2353)56 (40 Unat) FAX *****44 MT UAMG ffV HF tttl B M OWICT ACCISS TIL: *****57 (EXPORT BOOKING) HSM OJOAMG ($7) SSI 11/7 uuuwuvAMu *****57 (EXPOST DOC), *****64 (IMPORT) PBMM6 194) Stt 1441 URI^MTTP://WWW.ACCORD.COM.SG MKAKTA (II) *44 I/TV POgT in fw ~pow ra
      642 words
    • 51 34 0 HANGLI SHIPPING DWECT REGULAR SERVICE JAKARTA SURABAYA JAKARTA 04/07 06/07 P.JEM 1007 11/07 P. RRMBIA •17/07 11/07 P.MUBMDM 22/07 23/07 P.JSM SURABAYA M PORT 04/07 SHANNON EVREXB 06/07 07/07 SNANRJRYV 16/07 17/07 SHKNNON EXPRESS 20/07 21/07 SHANFUrW UNITED SHIPPING ORGAMSATION PT. INDONESIA SHANNON MARTTME CORP. PANAMA TEL: *****88 FAX:
      51 words

  • Page 35 Advertisements
    • 736 35 SINO IXPRISS SHIPPING yydJ 11 COLLYER QUAY #06-01 THE ARCADE fBINOTRANSI J S (*****7). TEL: *****90 FAX: *****98 V UU-JU T* >p Tr*" TLX; R*****1 SINOEX SINOTRANS SHANGHAI (CONTAINER SERVICE) VESSEL I VOYAGE ETA SINGAPORE ETA HONGKONG ETA SHANGHAI NEW HAJHUNG I 9704 04/07 09/07 13/07 GOOD WEIL 9718 11/07
      736 words
    • 423 35 SSSokok s3S£yn!fSsD *KKU*G:m***7 JKT (21)*****07 MON: fM) M 4023 EX PKG TO HONGKONG EX PKG TO PUSAN EX PKG TO SYDNEY MV "CY EXPRESS" V.726N "EUROPEAN EXP" VOBN MV "B KENARt" V 221 ETA PKG 6-7-97 ETA PKG 8-7-97 ETA PKG 6-7-97 BKO CALL* HiWW/ VIVMN/CHiIYL TKL (03)*****77 BIMSBANE/SYDNEY/lIELBOyRNiI AUCKLAND
      423 words
    • 144 35 I SEA CONCERT 3Q« RdrrVAi**AJK/N»i I* SAMM FORTUNE 08/07 Rdm/AtwAJK/Nvi ■SV TRADER 15/07 20*07 NwVRdrrVANvAJK I MURATWRAN 25/07 28/07 NarVßdnVAtw/BmnAJK I Lag* EVW. Mfyda. Indonwf I W SAMM FRONTT&t NodMMMdriMqMtapt I I CRYSTAL I LEOPARD 1 AdarVJflddah/Aqaba/Hodsidah I SEA RESOURCE HodafcWJtdcWAqtfMtfEgypt I I IxmHSkwan, E7W. Mfya. Inrtmwi I*. PANQUEEN Lo>
      144 words

  • Page 36 Advertisements
    • 700 36 ShippingTimes -businessCentre Your 24-hour instant info access centre to shipping services and products. Around-the-clock. Seven days a week. To receive information from advertiser of your choice listed on this page, simply follow the 4 easy steps below. Call 740-6000 Press "1" key in Document Code Key in your fax number
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  • Page 37 Miscellaneous
    • 114 37 LKSCND: R Thund*r»torm T*mp*rotur* c A y Show«r W*oth*f ~~y Wind draction with tp«*d in knot* Rain \^J Cloudy Sky Wov $w*2" »w* ore wdketed by errews wkkk Hy witfi rtw wwd Cl) On«hj* ard* r*pr***nts calm or fight and variaM* wind* On* half ft*ch* r*pr*t*nt* 5 knots L» On*
      114 words