The Business Times, 21 July 1998

Microfilm: NL21204
Total Pages: 38
1 38 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 110/12/97 85C SINGAPORE Internet: http://www.asial.com.sg/biztimes TUESDAY JULY 21, 1998
    14 words
  • Article
    MARKET SUMMARY
    67 1 Dsn *****2 (+7.22) BT-SBI 479J4 (-0.07) BTOOMP 534J3 (+4.58) BTKGA (+9.66) CI MARKET MOOD: U Mixed STOCK MARKET INDICES Monday Change KLSE COMP ***** -*.03 NIKKEI Hn—H HANG SENO 8,***** 156.68 SET INDEX 297.74 +146 JAKARTA COMP __48&68 +146 MANILA COMP 1.734.46 -6181 taipei wpi mm SEOUL COMP
    67 words
  • Article
    FINANCE
    77 1 FOBEX KATES USS SI USS 1.707 £(US$/S$per£) 1.644 1806 DM 1.781 0.968 YEN 139.4 1524* RM 4136 0.413 HKJ 7.749 0520 BAHT 41.06 0.042 RUPIAH 14,350 0.012* 'Stto 100 units PBIME RATES SINGAPORE* 7 88 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK H75 MANILA .22.96 HONGKONG 10.25 TAIPEI .8.80 SYDNEY
    77 words
  • Article, Illustration
    Singapore expects total trade to shrink 4.5-5.5% this year
    648 1  -  Rise in Jane non-oil figures seen as a blip; exports to growth markets slowing By. Andrey Tan [SINGAPORE] The regional economic crisis could lead to a 4.5 to 5.5 per cent shrinkage of Singapore's total trade this year, the worst contraction
    648 words
  • Article
    Outlook dim for electronics exports: TDB
    417 1  -  By, Jennifer Lien [SINGAPORE] The outlook for Singapore's electronics exports, which account for 70 per cent of non-oil domestic exports, is dim over the next six months. This was the assessment of senior Trade Development Board officials at yesterday's press briefing on trade figures
    417 words
  • Article
    Gold Coin poised for Viagra boom
    681 1  -  M'si&n miller owns firm with rights to sell Pfizer products Frorri Ruth Wong in Kuala Lumpur A LITTLE-tracked Malaysian feed and flour milling company, Gold Coin (Malaysia), may reap rich dividends by riding the Viagra craze, analysts said. They said Gold Coin could see
    681 words
  • Article
    Family of SilkAir crash victim files US suit against Boeing
    630 1  -  USs2sm negligence suit expected to be first of several By\ Felix Chan [SINGAPORE] A US$25 million (5542.6 million) negligence suit has been filed in the United States against Boeing, the Seattle-based aircraft manufacturer, by a victim of the Silk Air
    630 words
  • Article
    MAS looking into setting up a mortgage corp
    694 1  -  Bnt S'pore banks not overexposed to sector, it stresses By Lee Han Shih, Ang Wan May [SINGAPORE] The Monetary Authority of Singapore is looking into setting up a mortgage corporation, but said that such a corporation should not be seen "as a
    694 words
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      Page 1 Advertisements Column 1
      142 1 mgPE JTC www bank* The Jurong Town Corporation is trying to sell its expatriate housing scheme to the financial sector, apparently the only sector that has shown little interest in it, Pf 2 Hie Property Column Lee Han Shih on the discrepancy between the policies of theCPF Board and the
      142 words
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      Page 1 Advertisements Column 2
      31 1 m I 1 [M iIJ I I I CHANEL EXCLUSIVELY AT THE CHANEL BOUTIQUES NGEE ANN CITY 391 ORCHARD ROAD SINGAPORE TEL *****20 ISETAN SCOTTS. 350 ORCHARD ROAD SINGAPORE TEL *****21
      31 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      JTC selling its expat housing scheme to banks
      481 2  -  Least interested sector told how JTC flats can help cnt high housing costs Ry< Conrad Raj THE Jurong Town Corporation is trying to sell its expatriate housing scheme to the financial sector apparently the only sector that has shown little interest in
      481 words
    • Article
      JTC releases 12 ha for lease under open application system
      202 2 JURONG Town Corporation is releasing another 12 hectares of industrial land for lease under its open application system, following good take-up for its first launch in April. For this second quarterly launch this year, 11 sites in five estates are
      202 words
    • Article
      New scheme for phones from abroad
      130 2 FROM Aug 1, the Telecommunication Authority of Singapore (TAS) will implement a "One-Stop Service" scheme for consumers who want to use cellular phones purchased overseas. With the new scheme, consumers will be able to apply directly to cellular service providers for individual connection approval
      130 words
    • Article, Illustration
      Wing Tai invites buyers to name price for 3 projects
      494 2  -  Bat there will be no deferred payment draw as homes are already bnilt Hy\ Diana Oon PROPERTY developer Wing Tai has taken the term "buyers' market" one step further, asking buyers of three of its 99-year projects to "name a
      494 words
    • Article, Illustration
      Lock icon Growth in int'l calls slows to 6.3%
      303 2  -  EYE ON THE ECONOMY Industry By 1 Teh Hooi Ling THE number of outgoing international telephone calls grew just 6.3 per cent year-on-year in June; compared to last year's average, growth has come down by close to two-thirds. Compared with the preceding month
      Source:  -  303 words
    • Article, Illustration
      Lock icon S'pore oil industry hit by halving of Indon consumption
      570 3  -  Reports in 2 industry newsletters warn of falling Asian imports By\ Ronnie Lim INDONESIAN oil consumption has fallen drastically perhaps by as much as half— and this has hit the Singapore oil industry, say two reports on the impact of the
      FILE PHOTO  -  570 words
    • Article
      Some axed bank staff left in lurch over home loan
      420 3  -  Banks are reluctant to refinance package to unemployed By Catherine Ong BANK employees who have been enjoying attractive staff housing loans may find that very perk working against them when they are retrenched. Industry sources say there have been cases
      420 words
    • Article
      Swiss business school to hold alumni event here
      221 3 SWISS international business school, the Institute of Management Development (IMD), will hold its International Alumni Event in Singapore on July 30 and 31. This is the first time the event will be held outside Europe. The theme of the event will be
      221 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      22 2 reVox Designer hi-fi for 0 c Style conscious hi-fi enthusiast REVOX AUDIO CENTRE H Suntec Citv Mall #02-130 Jmßk BtaJHi B^PPH 3^
      22 words
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      Page 2 Advertisements Column 2
      175 2 Hair Problem Detection Week During this Hair Problem Detection Week, trichologists* at SVENSON will take a few hairs from the problem areas of your scalp and send them to be professionally analysed at advanced laboratories in Europe. You can then find out more about your hair or scalp problems and
      175 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      70 3 M'"••• lit, JM£ 5 1.1 HiiiiMfr* HI n®, iIMN ,i Jim s^t*-* II jl '^^BB^r- E&SmL <dl -^mmSiUM Iffit. |p, BHfiibk° .> .-»-—<* !J| SsHjhfl ft i/.;*' .tl^-lS3' .JB -.ptmWH- r .^lShbHh^^^^^^H HHbV 4Si fv- yj aßfcv j,." -^a H H^Va jp "|i W| .|^H|\|^^H|pfl^^ Fuji Xerox Singapore Pie Lid.
      70 words
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      Page 3 Advertisements Column 2
      30 3 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Gall C*A«T.S. at T 1800-737-1166. 1 CAT S Another CtamHM Sfvtc*
      30 words
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  • FOCUS: PROPERTY
    • Article, Illustration
      A policy in need of renovation
      585 4  -  THE PROPERTY COLUMN CPF says housing renovation is consumption, not investment. But IRAS dooms otherwise Ru Lee Han Shih DESPITE appeals over the years by members, the Central Provident Fund Board has stuck firm to one policy that CPF money cannot be used for
      585 words
    • Article
      Under the hammer
      767 4 Property auctions coming up THURSDAY, JULY 23 (1.30pm) Grand Plaza Parkroyal, Ballroom II Residential: 23 Kampong Sireh: 3 1/2-sty semi-0,3.717 sq fl/FH** 28 How Sun Walk: 3-sty terrace. 2,174 sq ft/99 yrs wef 1993" 22E Lor How Sun: 2-sty terrace, 2,458 sq fW=H* 79 Jin Kasau: 3-sty
      767 words
    • Article
      Canadian resort sells 35% of units in 2 weeks
      260 4 [SINGAPORE) A resort hotel development along the west coast of Canada has sold 35 per cent of its units after two weeks of marketing in Singapore. The 123 cottages at Salt Springs Island Village Resort cost between C$191,000 (S$216,800) and C$395,000,
      260 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      376 4 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at 1800-737-1166. m Another Classified Service JTC detached factory at Loyang Way Site area ***** sq.ft Floor area ***** sq.ft Tenure 23 years left Ample carpark space Ceiling height
      376 words
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      Page 4 Advertisements Column 2
      110 4 For Sale Lease Warehouse Off MacPherson Road Freehold Sale on 30-year lease Ideal for corporate HQ Land area: 30,000 sq ft Floor area: 4,800 70,000 sq ft Ample basement carpark Ceiling height: 4.5/9 m Individual units also for rent IflfffP Tender Sale by MNC mi fcv Industrial Site at Mandai
      110 words
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      Page 4 Advertisements Column 3
      53 4 I 26,399 sf. #Freeh ,d 2 bo^gogl\ Potential for up saa=^L 5^ 10 6 bun B a,ows I Agents We,c med Karamjit 320-3529 Ho Eng 100 320-3525 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. tCall C.A.T.S. at 1800-737-1166.
      53 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Anwar accuses IMF of double standards
      380 5 Disbursement of funds to Indonesia slower compared to Mexico, Russia Bernama [WASHINGTON] Malaysian Deputy Prime Minister Anwar Ibrahim has accused the International Monetary Fund of double standards in the way it disburses funds to ailing economies. "Disbursement to Mexico was fast, and in the
      Bernama  -  380 words
    • Article, Illustration
      Lock icon Dole, Bush shopping for bargain Thai investments
      428 5  -  From Harish Mehta in Bangkok FORMER US presidential candidate Bob Dole and expresident George Bush are shopping for bargain investments in Bangkok where stakes in troubled companies are being offered at sharp discounts. Mr Dole is looking at a stake in the national
      FILE PHOTO  -  428 words
    • Article
      Lock icon Thai banks to report 6-8b baht profit
      311 5 Central bank chiefs forecast based on filed statements Reuters AFP [BANGKOK) Thai banks are expected to report total net profit of six to eight billion baht (*****-332 million) for the first half of 1998, central bank chief Chatumongkol Sonakul said yesterday. The forecast
      Reuters; AFP  -  311 words
    • Article, Illustration
      Only Japan unwilling to roll over debt: Indonesia
      522 5  -  Refusal will delay Indon recovery, other creditors may reconsider: analysts Front Shoeb Kagda in Jakarta IN a turnaround that could have severe implications for Indonesia's already weak economy, Japan, its largest benefactor, may be unwilling to roll over its debt, Finance Minister
      522 words
    • Article
      Lock icon Taiwan warns GDP growth may slip to 5.5%
      145 5 AFP [TAIPEI] Taiwan's economic growth may slip to an eight-year low of 5.5 per cent on the back of the regional economic crisis, government officials and analysts said yesterday. "Taiwan's industrial output has not fared very well with a year-on-year growth of
      AFP  -  145 words
    • Article
      Lock icon Dr Mon nationwide tour to explain crisis
      355 5 AFP [KUALA LUMPURJ Malaysian Prime Minister Mahathir Mohamad has embarked on a nationwide tour to explain the country's economic ills to the people, a top official said yesterday. "The prime minister will go to all the states. There will be exchange of views.
      AFP  -  355 words
    • Article
      Lock icon Thai liquidity crunch set to shut up to 800 factories: minister
      344 5 It is also threatening to pat another 270,000 out of jobs Reuters [BANGKOK] Thailand said yesterday that a severe liquidity crunch is set to close up to 800 debt-ridden factories and throw up to 270,000 more workers out of
      Reuters  -  344 words
    • Article
      Regional share markets finish mixed
      280 5  -  By] R Sivanithy [SINGAPORE] After weeks of tracking movements in Japan, regional equity markets were left to their own devices yesterday following the closure of the Japanese market for a public holiday, resulting in mixed finishes. Here, the Straits Times Industrials Index managed a fourth
      280 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      475 5 Insuring Your Cargo JIBL Has Never Been Easier Take advantage of NTUC INCOME'S Cargo Insure-Line plan if you are in importing and exporting business and need insurance coverage for your cargo. fat* 98 Eajy to Apply Register with us now! All you need to do uto register now! RegMMtcauon is
      475 words
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  • SOUTH-EAST ASIA
    • Article
      Lock icon KL allows foreign equity of 51% in trade sector
      362 6 KUALA LUMPUR 100% foreign equity allowed where M'sia is made distribution centre for product Bernama FOREIGN companies can now hold 51 per cent equity in the trade sector, particularly wholesale and retail trade, from 30 per cent previously, Minister of Domestic
      Bernama  -  362 words
    • Article, Illustration
      Agenda still strictly outward-looking
      551 6  -  RUM-UP TO AggAM MMBBMIL MEETING Grouping expected to comment on Mm, Pakistan, Japan bnt not intra-regional concerns By Al Labita in Manila ASEAN foreign ministers meet in Manila this week amid moves by some members to alter the regional grouping's conservative outlook. They are expected to
      551 words
    • Article
      Lock icon Mobs attack homes of Chinese 'supporters'
      315 6 SURABAYA Reuters ANGRY mobs in Indonesia's East Java have attacked shops and homes owned by Muslims they accuse of supporting ethnic Chinese traders, religious sources and residents said yesterday. Residents said that a crowd of about 200 people drove through the Mumbulsari, Silo and
      Reuters  -  315 words
    • Article
      Lock icon Two Indon Muslim groups to form political parties
      323 6 JAKARTA Mnhimmiiltyali in^ Nahdlatul Ulama plan to fight polls Reuters INDONESIA'S two largest Muslim groups have said they will form political parties to contest next year's general elections, newspaper reports said yesterday. Republika daily quoted Muslim leader Amien Rais, one of those
      Reuters  -  323 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      39 6 I Alpha Number Service should be Get your number now to Create your own identity. It's the easiest way for customers to remember your business number. ft v j, J' 9 J/: v 5 i 'fir' iti-' 9•■ I
      39 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      HK unemployment hits 15-year high at 4.5%
      420 7  -  Latest rise comes from restaurant, retail, construction sectors, bringing the jobless to 145,000 From, Loh Hui Yin in Hongkong THE number of unemployed continued to climb, hitting 4.5 per cent a 15-year high in June as Hongkong verges on recession. At that level,
      420 words
    • Article, Illustration
      Lock icon Tung confident airport is on way to recovery
      525 7 HONGKONG Passenger ops now normal, cargo handling being restored, he says Reuters HONGKONG leader Tung Chee-hwa visited the city's new US$2O billion (5534.1 billion) airport yesterday for the first time since it opened to passenger and cargo chaos and said he was
      Reuters; AFP  -  525 words
    • Article
      Lock icon Buyers snap up flats at new HK project
      283 7 HONGKONG AFP HONGKONG'S residential property market has been lifted out of the doldrums by a successful sale of new flats over the weekend, but the market has not yet bottomed out, analysts said yesterday. A crowd of thousands the sort of buyers'
      AFP  -  283 words
    • Article
      Lock icon China's budget surplus hits 24.9b yuan
      170 7 BEIJING Reuters CHINA registered a government budget surplus of 24.9 billion yuan (SSS.I billion) in the first half of 1998, the Xinhua news agency said yesterday. Revenues totalled 425.8 billion yuan in the first six months, up 9.2 per cent from the same period
      Reuters  -  170 words
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  • ASIA
    • Article
      Lock icon Indian rating agency warns of rise in defaults
      423 8 BOMBAY If sentiment does not improve, even good companies will suffer, it says Reuters A TOP official at one of India's leading credit rating agencies yesterday warned of extensive loan defaults in the commercial sector if economic sentiment did not improve. "If
      Reuters  -  423 words
    • Article
      Lock icon Jayalalitha threatens to leave coalition
      155 8 NEWDELHI AFP INDIA'S fragile coalition is facing new threats of a walkout from a rebel leader within the minority alliance, reports said yesterday. Jayalalitha Jayaram, a maverick regional politician whose support is crucial to the coalition's survival, is demanding immediate action on issues in her
      AFP  -  155 words
    • Article, Illustration
      Lock icon Hyundai, Daewoo shut plants over layoffs
      418 8  -  Violence feared as they go ahead and dismiss over 4,000 hYont, Jennifer Veale in Seoul SOUTH KOREA'S car giants closed their factories yesterday, fearing violent clashes with angry workers after announcing they will press ahead with mass layoffs. Hyundai Motor, the largest car maker,
      REUTERS  -  418 words
    • Article
      Lock icon Listen to people or become one-term PM, Howard told
      328 8 SYDNEY National Party chief warns of need to slow pace of change AFP A SENIOR member of the ruling coalition warned Prime Minister John Howard yesterday that unless he starts listening to the people he is doomed to become Australia's first
      AFP  -  328 words
    • Article
      Lock icon Pakistan's ruling party to ask PM to quit: report
      232 8 ISLAMABAD Reuters MEMBERS of Pakistan's ruling party are planning to ask Prime Minister Nawaz Sharif to step down because of political uncertainty after nuclear tests and economic sanctions, a local newspaper said yesterday. The Muslim quoted informed political sources in the
      Reuters  -  232 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      178 8 <2\ m /C BERTHA JH jm THE CALLAWAY WW I BERTHA 1 WAR BIRD in At such unbelievable prices, the ever popular Callaway j Woods have become even more irresistible to golfers ever/where! So go for others burn up the course and enjoy golf like you never did before. |1
      178 words
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      Page 8 Advertisements Column 2
      17 8 Your Sunday reading is not complete without Cats' Mews Check it out in Sunday Classified this weekend
      17 words
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  • THE WORLD
    • Article, Illustration
      Lock icon Fed chief seen arguing for steady rates in semi-annual report
      513 9 WASHINGTON Statistics show Asian crisis has started to take a bite out of US growth Reuters WHEN Federal Reserve chairman Alan Greenspan takes to Capitol Hill this week to deliver his semi-annual report on the US economy, his message is
      Reuters  -  513 words
    • Article
      Lock icon UK becoming 'sick man of Europe': Salomon report
      382 9 LONDON Weak growth, high interest rates plagne economy: economists AFP THE British economy, recently seen as dynamic and fast growing, is becoming the "sick man of Europe", condemned to low growth and high interest rates, economists said yesterday. Investment bank Salomon Smith
      AFP  -  382 words
    • Article
      Lock icon US$9b France Telecom share sale this year
      206 9 PARIS Bloomberg FRANCE Telecom SA and the French government yesterday said they will sell shares in Europe's No 2 phone company worth as much as US$9 billion (5515.3 billion) this autumn in the biggest share sale in Europe this year. The sale will
      Bloomberg  -  206 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      21 9 •Tung Centre •Parkway Parade •A-Z Building •Paya Lebar Road For details, please contact owner Tel: 437 6853 437 6872 534 3132
      21 words
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      Page 9 Advertisements Column 2
      365 9 UNIVERSITY OF I HKIINTVFRSTTY SOUTH AUSTRALIA OF HULL Adelaide. Australia England, United Kingdom St&M*jf RjjJ j g ptxUA dbaSmba Doctor o< Business towttrafai 23rd lnt,i.. ■>» i..h, •<»» 2nd Intake •31 Aug -98 |K| j—s—, .21 months only •Highly innovative structure and 100% in Singapore supervisory format enhances •100% conducted
      365 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      Sanctions bite in India's weak economy
      777 10  -  THE BOTTOM LIME OPINION By Prem Shankar Jha The writer, former editor of The Hindustan Times, contributed this article to BT THE belief that the Indian ministry of finance has been trying to instill in the people that sanctions will not hurt India greatly
      777 words
    • Article
      IN OTHER WORDS
      150 10 Japan remains a consensus society. We may have had strong leaders in the past in some cases I can think of a couple but they were not very successful. The consensus makers were rather more successful as prime ministers.' Yoshio Hatano a former Japanese representative to the
      150 words
    • Article
      Hongkong's airport woes
      649 10 EDITORIAL AFTER a chaotic, angstfllled fortnight since its opening, Chek Lap Kok airport in Hongkong is finally beginning to come up to speed But the economically vital air cargo centre is still limping There are fewer complaints from passengers about delayed flights and missing bags, and flight
      649 words
    • Article, Illustration
      Lock icon China's sick industries
      1176 10  -  Corruption-riddled heavy industries reel from commodity price crash in wake of Asian crisis By) Peter Seidlitz, David Murphy The writers, based in Beijing, contributed this article to BT EVERY morning in his office in Zhongnanhai, Prime Minister Zhu Rongji is confronted with the grim reality of China's
      FILE PHOTO  -  1,176 words
    • Article
      WHAT THE OTHERS SAY
      848 10 US on wrong side In Rome WHEN the Rome conference agreed on a charter for an international criminal court...attention focused on the compromises and the politics. But what happened in Rome last week was more important than the details. I think it will be seen as
      848 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      50 10 DOONESBURY By Garry Trudeau SO THE HOUSE IS JUST THE YUP ITS IN TTS ORIGINAL myrrms when john pen- conpttion,inclupingall yes,sir dd/^a I your Iyou\ rH SSr L VEK MS MAKING MUSICAL HIS- THE APPLIANCES MP EQUIP- PRACTICALLY PRfi f TtCAUy? UhSTA WRY ONLY YARDS AMY? MEW, RIGHT, HONEY? I
      50 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      482 11 Where to wine, dine and entertain... t ass r Re-discover the great] taste of a savoury Good Fortune Dim Sum lunch! Savour exquisite Sichuan and Cantonese Dim Sum prepared by our masterchefs with our Good Fortune Dim Sum Set Lunch, from only $18 per person! Served with complimentary Fresh Homemade
      482 words
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      Page 11 Advertisements Column 2
      145 11 Ma'< pa km*? Imjit in rf'Os Cats' Mews/ Ht*i ia Saaday tImMU this mm kit 4. J T CATS. 1998 Singapore Food Festival World Gourmet Summit Sway to culinary beats and the excellence of Ken ■Op Forrester's Vineyards in OfDzE South Africa as we bring you the distinction of South
      145 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      739 11 TVvRADIO AmdmlS By Wishbone. 3.00 Below The Lion Rock. 1 H mPM TV innnvntinnc 8,30 Extreme Dinosaurs. 3JBO Pet House. too Si w32?M«I News 5 Today Followed 4.40 Wonders of China. on Game 16 S z aland s P ecial JMB 5-00 Show" 6 ***** Animal Jamte^Foxx' Show Maison Ikkoku.
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    • Miscellaneous
      Page 11 Miscellaneous Column 2
      156 11 CRYPTIC CROSSWORD nailer's system (7) 28 Pulls out Greene's novel (7) sung? (7) YESTERDAY'S SOLUTION DOWN 8 Security is lifted in the store (7) ISOF[TJPieioIAILBaiAIM<OISI 1 Joint holders (7) 14 Give up on French return (9) He has taking ways with chU- I ■uMieMiilHitfiifflflHljl ,3 d (7) dren (9) mlrn^^llftnQHTMM
      156 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon O'Meara can win a major
      871 12  -  He is just the 12th player since 1934 to win two majors in the same year, says cbaig imuch CRAIG DOLCH NYT YES, Mark O'Meara can win a major. After Sunday, that bears repeating. Mark O'Meara can win another major. In less than four months,
      NYT; REUTERS  -  871 words
    • Article, Illustration
      Social commentary in dance
      641 12  -  DANCE Four choreographers showcased works focnsing on themes such as prostitution and nrban living By i Chua Soo Pong [SINGAPORE] The shared aspiration to create dances conveying contemporary social meaning drew four choreographers from Singapore, Malaysia and the US together in the New Dance Lab, presented
      641 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      1125 12 Pf fTTrTi JAVA HOLDINGS LIMITED L. |ncor P ora, ©d in the Republic of Singapore) Loan Stock Holders who are in doubt as to the action to be taken should consult their stockbrokers, bank manager accountants, solicitors or other professional advisers immediately. Loan Stock Holders who have sold their Loan
      1,125 words
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      Page 12 Advertisements Column 2
      923 12 I ASEAN FUND LIMITED I (Incorporated in the Republic of Singapore) I The Board of Directors of ASEAN Fund Limited wishes to make the following announcement: I UNAUDITED RESULTS FOR THE HALF YEAR ENDED 30 APRIL 1998 I 1 Nov 97 to 1 Nov 96 lo I 30 Apr 98
      923 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Osaka rubber contracts seen as threat to Sicom
      619 13  -  But some see a silver lining- Sicom may be forced to switch to order-driven trading By I Siow Li Sen [SINGAPORE] The Singapore Commodity Exchange (Sicom) is facing its greatest challenge yet as the Osaka Mercantile Exchange (OME) prepares to launch a
      CHRIS LOH  -  619 words
    • Article
      SIA passengers to get points on ANZ
      297 13  -  Byi Conrad Raj [SINGAPORE] Singapore Airlines passengers will, from Aug 1, be able to earn points on Air New Zealand's frequent flyer programme when they fly to destinations where the carriers have a code sharing agreement. The tie-up follows an SIA announcement that
      297 words
    • Article
      HKMA should take the lead to set up credit reference agency
      795 13  -  HOCK LOCK SIEW Quak Hiang Whai WITH the current economic downturn, banks in Singapore, like those elsewhere in the region, have been very cautious in their lending. In the once-lucrative area of unsecured personal loans for instance, some banks
      795 words
    • Article
      HKR makes HK$1.2b provision for project
      523 13  -  HER, 6IC and Hong Leong hold 30% each in residential project Fromi Quak Hiang Whai in Hongkong HONGKONG-LISTED HKR International has made a provision of HKSI.2 billion (***** million) for its share of a massive residential development near the new airport at Tung Chung
      523 words
    • Article
      Asean Fund losses swell to US$29m
      379 13  -  By\ Siow Li Sen [SINGAPORE] The Asean Fund, which is facing redemptions in November, has plunged deeper into the red, reporting a massive loss of U5529.2 million (5549.8 million) for the six months ended April 30 as the regional meltdown continued to savage its
      379 words
    • REGIONAL COMPANIES
      • Article
        WTK files petition to wind up unit of Westmont Land
        450 14  -  It is believed to be claiming more than RM900,000 from Ganda Plantations From, Eddie Toh in Kuala Lumpur BELEAGUERED Malaysian businessman Joseph Chong is facing another lawsuit, this time lodged by WTK Holdings a listed timber firm that used to
        450 words
      • Article
        Lock icon Amcorp has until Oct 31 to reorganise
        247 14 It mnst also present plan to sell assets and pay its creditors Bloomberg [KUALA LUMPUR] Arab-Ma-laysian Corp (Amcorp), which controls Malaysia's seventh-largest banking group, said the High Court of Malaya gave it time till Oct 31 to reorganise as well as present a
        Bloomberg  -  247 words
      • Article
        Mid-Continent's IPO 19 times subscribed
        167 14 [SINGAPORE] Oilfield equipment and spares supplier Mid-Continent Equipment Group Ltd (MES), which is seeking a listing on Sesdaq, says its offer is 19 times subscribed. At the close of the offer yesterday, there were 792 applications for the 500,000 shares which were offered to the
        167 words
      • Article
        Lock icon IBA expected to report 24% drop in profit
        335 14 It's set to kick off HK banks'worst results in a decade Bloomberg [HONGKONG] International Bank of Asia Ltd is about to kick off Hongkong banks' worst earnings in more than a decade. IBA, one of the city's smaller banks, is likely to
        Bloomberg  -  335 words
      • Article
        Panpac Media clarifies report
        287 14  -  LETTER TO THE EDITOR Chong Huai Seng vice-chairman Panpac Media Ltd I REFER to the Bloomberg report headlined "Panpac may sell part of company" carried by BT on July 18. The report is misleading: ♦Panpac Media Ltd is no longer a private company, having launched its
        287 words
    • COMPANIES
      • Article
        Lock icon Brierley may sell some assets to refocus at home
        420 15 It should cot losses and redeploy funds into mm profitable areas, say analysts Reuters (AUCKLAND] The board of Brierley Investments Ltd began a meeting in Auckland yesterday to decide on the future of the investment firm, as speculation grew it may
        Reuters  -  420 words
      • Article
        Lock icon Car parts maker SPX pays US$2b for General Signal
        322 15 Reuters [NEW YORK] Car parts maker SPX Corp has struck a US$2 billion (553.4 billion) pact to buy General Signal Corp, a struggling industrial company that is nearly twice its size, according to sources familiar with the situation. The transaction, which
        Reuters  -  322 words
      • Article
        Lock icon Microsoft scraps plan to buy 20% of Hangul
        293 15 Bloomberg [SEOUL] Microsoft Corp scrapped an attempt to eliminate its biggest rival in the US$l4 million (Ss24 million) market for Korean-language word processing software, after a public outcry that could deter foreign investment in South Korea. The world's biggest software company offered
        Bloomberg  -  293 words
      • Article
        Lock icon Siemens doesn't rule out plant closures
        306 15 Semiconductor lmit likely to post a loss of lb marks this year Bloom berg FRANKFURT] Siemens AG, Germany's largest electronics and engineering company, said it does not rule out the closure of semiconductor plants as it looks at ways to cut production capacity to
        Bloom berg  -  306 words
      • Article
        Lock icon IBM's Q2 earnings expected to be up slightly
        421 15 Am slowdown, drop in PC sales role out positive surprises Reuters [NEW YORK] International Business Machines Corp (IBM) is expected to show tepid year-to-year growth in its second-quarter results amid the economic slowdown in Asia, sales declines at its troubled personal computer
        Reuters  -  421 words
    • FINANCE & COMMODITIES
      • Article
        Taiwan futures exchange, Taimex, opens today
        438 16  -  It Is unlikely to lure business away from Simex, which is cheapen analysts From, Laurence Eyton in Taipei TAIWAN is scheduled to open its futures exchange today, with officials hoping to draw away some of the Singapore International Monetary Exchange's business. But analysts said
        438 words
      • Article
        Lock icon Westpac says no plans for merger
        375 16 It responds to report that it may merge back-office ops with rival ANZ Bloomberg [SYDNEY] Westpac Banking Cofp said it has no current arrangements to merge its back-office processing operations with a rival bank. In a statement, Westpac said that it is continuing to
        Bloomberg  -  375 words
      • Article
        Lock icon Bina Power's US$205m debt sale
        121 16 Bloomberg [HONGKONG] Barclays Capital Asia Ltd, an arm of Barclays Bank, said it would lead the effort to raise US$2O5 million (*****.3 million) in foreign currency debt to fund tpe Bina Power Project, a coal-fired plant, in India, i Aditya Birla Group of India and
        Bloomberg  -  121 words
      • Article
        Lock icon Emerging challenge for Regent
        396 16 Bloomberg {LONDON] Jim Mellon collects paintings of voluptuous peasant girls in classic French Salon style. The millionaire fund manager's choice of investments, however, is far from classic. The chairman of investment company Regent Pacific Group Ltd buys in undeveloped, high-risk markets. Regent's largest exposure is to
        Bloomberg  -  396 words
      • Article
        GE Life offers illness insurance for crisis-hit people
        316 16  -  Low premiums at only 20% of prevailing rates for the first three years By\ Soh Tiang Keng [SINGAPORE] Great Eastern Life Assurance (GE Life) will soon offer a critical illness insurance policy that is tailored for people hit by the economic slowdown
        316 words
      • Article
        Lock icon Euroyen futures ease in quiet trade
        244 16 him nx Report Reuters (SINGAPORE) Simex Euroyen futures eased in very quiet trade yesterday with activity dampened by a holiday in Japan. "You can teU there's hardly any activity from the volume. June is seeing some spread trading but other than that, there isn't
        Reuters  -  244 words
      • Article
        Futures fall as chipmaker's Q2 net dives
        179 16  -  MSCX TAIWAN FUTURES Charlie Kuo Charlie Kuo, service dealer, Refco Singapore THE Simex MSCI Taiwan Index futures declined as Taiwan Semiconductor Manufacturing Corporation (TSMC) the largest semiconductor maker in Taiwan reported a 46 per cent fall in its second-quarter net profit from the
        179 words
      • Article
        Lock icon Crude oil falls on talk of price slump
        231 16 ENERGY REPORT Bloomberg [NEW YORK] Crude oil fell after a consulting firm headed by former Saudi Arabian Oil Minister Sheikh Ahmad Zaki Yamani said production cuts won't boost oil prices until next year. It will take that long for the oil cuts
        Bloomberg  -  231 words
      • Article
        Lock icon CURRENCY REPORT
        267 16 Reuters AFP Bloomberg London The dollar was weak against the mark yesterday in a market awaiting the IMF decision on a loan package for Russia. The IMF was meeting yesterday to decide on a first tranche of a U5522.6 billion (5538.5 billion) loan to Russia. The dollar was
        Reuters; AFP; Bloomberg  -  267 words
      • Article, Illustration
        Untitled
        997 16 INTERBANK CROSS RATES Jul 20 2— ECtJ Ffr Dw HK$ to* ti twtn Yw wow m Nso SS land Sfr NTS RaM m mm asr ,.075 0,30 ra as a as assi as res hs s Ch«M 0.193 0.179 0.109 0 719 0215 0 933 5120 2M d Ji n
        997 words
    • Article
      COMMODITY PRICES
      1417 17 si COM FUTURES .htiw BUHC8 (Mms dosm 4 UOaa) CtOM VotaM Optii L— Srtt (towm) Irttrret 125.00 290 125.00 340 126.25 1450 127.00 1450 128.25 1450 99 00.75 00.75 0125 300 1800 Hp!*** 05.50 1950 M/5tp 99 140.00 tSS 3 CONTRACT (US cMts/ty VotaM Open HNfc U» Sttt
      1,417 words
    • Article
      WORLD STOCK MARKETS
      2212 17 LONDON MntrMi ■HIM NK» 31 Group 617 000 *1.600 AB Pom *****0 -1000 Afcbey National 1116.500 -19.500 AMedDomecq 585.000 22.600 Amtc 169.000 4.000 Asda Group 209.000 -2.400 BAT M 718.400 -1600 BG Pic 384.000 -5.000 BtCC 139.000 1.000 BOC Group 866.400 7.000 BR Petroleum 870.000 9.600 BTR
      2,212 words
    • Article, Illustration
      Lock icon HONGKONG
      1480 18 AFP □HuiSeag •135.68 HONGKONG share prices closed 1.6 per cent lower yesterday, as the government announced 15-year high unemployment underlining the territory's economic problems. OCBC director Peter Lai said "investors are very worried about the macroeconomic climate greater selling pressure emerged after they saw the market was unable to
      AFP  -  1,480 words
    • Article, Illustration
      Lock icon CHINA
      640 18 Reuters AFP Q Shenzhen Blndex +0.44 SHENZHEN'S hard currency B shares extended a technical rebound to close up in sparse trade yesterday, as investors waited on the sidelines for the first batch of corporate interim results, analysts said. The B Share Index gained 0.44 point, or 0.6 per cent,
      Reuters; AFP; Source: Credit Lyonnais Securities (Asia) Ltd  -  640 words
    • Article
      Lock icon TAIPEI
      387 18 AFP □wp Index +7.87 TAIWAN share prices closed 0.1 per cent higher yesterday amid thin trading as investors took to the sidelines ahead of the opening of the island's first futures exchange, dealers said. "Investors were cautious before the Taiwan International Mercantile Exchange begins futures trading tomorrow," said Cooper
      AFP  -  387 words
    • Article, Illustration
      Lock icon JAKARTA
      710 18 AFP f% Composite Index +145 INDONESIAN share prices closed 0.5 per cent higher yesterday, propped up by lastminute buying, dealers said. "If you look, the gains were really in the last few minutes of trading," a trader with a Japanese brokerage said. "I do not think it is genuine
      AFP  -  710 words
    • Article, Illustration
      Lock icon BANGKOK
      778 18 AFP PSETInJei *2.46 THAI share prices gained 0.8 per cent yesterday amid speculation of a cut in interest rates on the back of better liquidity, dealers said. Analysts said central bank forecasts that Thai banks would report total net profit of six to eight billion baht (*****.9-*****.9 million) for
      AFP  -  778 words
    • Article
      Lock icon MANILA
      310 18 AFP n Manila -5181 PHILIPPINE share prices closed 3 per cent lower yesterday on concerns that corporate profits for the three months to June would fall short of expectations. The Philippine Stock Exchange Composite Index fell 52.81 points to 1,734.45. Turnover reached 250.9 million shares worth 1.51 billion pesos,
      AFP  -  310 words
    • Article
      Lock icon WELLINGTON
      274 18 AFP CI Wellington -4.01 NEW Zealand stocks eased 0.2 per cent yesterday in slow trading which received a late boost. The NZSE-40 Index lost 4.01 points to 2,168.34 on turnover of NZ$B2.7 million. Brierley Investments Ltd was down one NZ cent at 98 NZ cents, while brewer Lion Nathan
      AFP  -  274 words
    • Article
      Lock icon SEOUL
      432 18 AFP flOompoMte Index +2LOO SOUTH Korean shares soared 6.1 per cent yesterday as foreign investors snapped up in-dex-leading blue chips amid strong interest in futures, dealers said. "Foreign buying was amazingly bullish," a Hanhwa Securities dealer said. The futures market turned stronger in the afternoon as well, helping the
      AFP  -  432 words
    • Article
      Lock icon SYDNEY
      591 18 AFP Q All Ordinaries -2(18 AUSTRALIAN shares closed down nearly one per cent yesterday as investors cashed in profits made during last week's surge, brokers said. The benchmark All Ordinaries Index closed down 26.8 points at 2,787.9. The All Industrials Index finished down 42.3 points at 4,887 while the
      AFP  -  591 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8475 19 MDUSTMALS ConswMf prefects Last Vol Day Net Cap I— OOP High Low P/t $mH 310 180 Ajinomoto 189 -11 10.4 76 6 148 41.5 Angkasa 46 5 2 41 49 46 11 68.6 290 123 Apollo Food Hlg 143 4 2 57 2 388 »90 Berjaya Land 224 4 116
        8,475 words
      • Article, Illustration
        Lock icon Index barely changed on profit-taking
        409 19 AFP Q Composite Index -0.03 MALAYSIA'S key stock index closed barely changed yesterday on profit-taking amid uncertainties over the political leadership in Japan. Three candidates are fighting it out to replace Ryutaro Hashimoto as Japan's prime minister with pledges of painful reforms to rescue the
        AFP  -  409 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3207 20 BOMBS, LOANS ft WAMANTS MM .Last Va4 Day Last Ouota *»1 nigh Low St no Company Sal* oar- COOO) High Law Buy or Setter Price 215 9 3000 mAMP8cSSOnjnVl* w< I I I 9 lis 20 5 5 3160 "Acer ******1 US$ 5.5 5 6 95 83 3164 Acma ******4
        3,207 words
      • Article
        Freight Links wrt: rewarding buy
        176 20  -  WARRANT WATCH -By] R Sivanithy A WARRANT that hasn't been featured in this column for some time is Freight Links Express' 2002 instrument which at 5.5 cents, is one of the "cheapest" in the local market especially for the time left to expiry. A review
        176 words
    • Article
      CLOB INTERNATIONAL
      2234 20 Transaction date Jul 20 tnrtm Gr Gr y*< °"v Last Quote Wv Mv YM Net MC« L— Sim ggg SH rooo) Mg> Le» Buyer Seder CV W 135 28 ms 5000 AISBSOc 43 -15 84 45.5 42 425 415 50 1.3 2 4 104 44 655 125 ms
      2,234 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6344 21 Transaction date: Jul 20 Or Gf M Wt Mint. l«- «> M r tV v D«y LastOuote Dlv W* YM Net Cm Avg High Low St No Company Solo COOP) High Low Buyer Seller C'vr H P/I Smll Price INDUSTRIALS 43 12.5 0 1020
      6,344 words
    • Article
      SESDAQ
      1214 21 v D«y Last Ouott Wv Otv VM Net Cap A*q iS® »tw» Cwnn Sal# COOP) W» Law Buyer Sa«ar C'vr P/E $mil Pile# 134 SO 2000 ABR Hldqs 5c 79 79 5 38 5 79 243 64 2049 AS Auto 10c 72 *0.5 201 74 71 71 725 1S.0N
      1,214 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        221 22 Stocks Volume SingTel 15c 11.006.000 *M Resources 6.765,000 UIC 5,886.000 DBS Foreign 5,259,000 •MBf Capital 4,836,000 OCBC Foreign 4,732,000 OUB Foreign 4.588,000 •TanChonglntl50 3,522,000 UOB Foreign 3,497,000 •Metroplex 50c 3,416,000 Stocks DBS Foreign 51,522,866 OCBC Foreign 30,832,630 SingTel 15c 28,800,536 SPH 24,650.018 UOB Foreign 20,520.744 OUB Foreign 17,023,709 SIA Foreign
        221 words
      • Article, Illustration
        HOT STOCK
        76 22  -  by Shiv Taneja SINGAPORE Land closed 12 cents higher yesterday at $3 42 on a volume of 1.51 million shares, compared with its 10-day traded average of 552,400 shares. The counter is well off its 52-week low of $2.16, and in the near term upside for this counter
        76 words
      • Article, Illustration
        STII rises above 1,100, but broad market slips
        651 22  -  STOCK MARKET COMMENTARY Trading quiet due to lack of leads from Japan; better trade figures discounted, leading to afternoon selling R Sivanithy [SINGAPORE] With the closure of the Japanese market yesterday, local currencies and stocks were left to their own devices, resulting
        651 words
      • ON THE GRAPEVINE
        • Article
          The future of stockbroking
          146 22 DISCOUNT stockbroking hasn't really made Its presence felt in Singapore, but in the US, it's been taken to new heights. In its latest advertisement, National Discount Brokers (NDB) asks the question "Who says there are no guarantees in the stock market?". The Arm goes on to
          146 words
        • Article
          Telecoms meet
          90 22 MERRILL Lynch is holding its third annual Asia-Pacific telecommunications conference on Sept 22 and 23 and this year's theme will be "Surviving The Crisis". It will look at how the region's telecom companies are developing their strategies to cope with the regional economic crisis. Speakers will include Lee
          90 words
        • Article
          All independent lot
          72 22 WHO says equity analysts aren't a brave and independent lot According to a Reuters report yesterday, analysts at HSBC Securities lowered earnings estimates on parent HSBC and Standard Chartered pic and downgraded investment ratings on the two to "add" from "buy," dealers told Reuters. One does wonder,
          72 words
        • Article
          Ask before you print
          103 22 HONG Leong Holdings Ltd's "How lucky can you get" centrespread promoting its North Oaks executive condominium that appeared In full colour in The Sunday Times over the weekend has apparently drawn a bit of flak from the Board of Commissioners of Currency Singapore (BCCS). It is
          103 words
        • Article
          King of the road
          80 22 MORE Malaysians seem to be switching to the diminutive national car Kancil amid rising retrenchments and pay cuts. In a car park in Kuala Lumpur, at least three owners of Toyota and Honda were spotted driving the economical national marque. It is not clear whether the
          80 words
        • Article
          Forget smart, just be exam smart
          105 22 A BROKER'S dealer representative yesterday spoke of the exam he would have to take in order to be able to deal in the upcoming equity index futures which will be launched by the Singapore International Monetary Exchange. "You know in Singapore, you don't have
          105 words
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      Page 13 Advertisements Column 1
      103 13 See and feel the full range of S Yard woods and irons today and get to know why it's the world's most preferred high end Titanium club. 41 .nl.iblr: 1 301 NT c (flex: SI X). 10 (flex: R 1. S 1 S2l 1 1 (flex: R 1. R-2 S
      103 words
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      Page 14 Advertisements Column 1
      837 14 GM CAM International Holdings Ltd (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held on 5 August 1998 at 2.00 pm at Plaza Parkroyal Hotel, Prosperity Room, Level 3, The Plaza, 7500
      837 words
    • Advertisement
      Page 14 Advertisements Column 2
      950 14 CM CAM International Holdings Ltd (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the shareholders ("Shareholder of CAM International Holdings Ltd (the "Company") will be held at Plaza Parkroyal Hotel, Prosperity Room, Level 3, The Plaza, 7500
      950 words
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      Page 15 Advertisements Column 1
      271 15 Emirates, Airline of the Year. See inside for details. At this year's OAG Airline of the Year awards, Emirates walked off with Best Airline for Food and Wine, Best Cabin Crew and Best Economy Class, to name but a few In fact, Emirates scooped nine awards in all including the
      271 words
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      Page 16 Advertisements Column 1
      206 16 We provide consultancy services on offshore structures S<in^ PanieS incor P° rations Ixl ALL jurisdictions' BritishVirginlslaiids Mauritius Cayman Islands Hongkong Bahamas Samoa Full nominee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants. For further informauon
      206 words
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      Page 16 Advertisements Column 2
      7 16 Sfiood/ HThe Straits Times Classified Classifications 5-36
      7 words
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      42 17 ♦The Tokyo market was closed yesterday for a holiday. The secret of success 15... jjilj e 1 Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. CATS.
      42 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      92 18 f calling /c>ee...l told\ /The card we're\ f the computer 1 y° u this was a J I making for Susan I advertised in y deal./ X Yup, we got what V is going to be J The Straits Times 1 f we wanted because real nice! J Classified. 1
      92 words
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      Page 20 Advertisements Column 1
      61 20 I'd like to place an i Ia u I advertisement to J JHP (Ae 'tlTlfolT V ''t V= Car _J ncxl day J through j r I A -A The Straits Times ■Pw r classified. V Buyirifi or seffinfi through Jp* -:U Kofi a 2v —The Straits Times Classified is
      61 words
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      83 21 f Hello? I'm calling about\ c m 80 I your advertisement in great...just like 1 Und my pet throu S h 1 The Straits Times Classified... 1 1 the ad J i The Straits Times Classified J you still have the puppy... J described Y V m g ing t0
      83 words
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      Page 22 Advertisements Column 1
      616 22 BUSINESS Notices a,l\crlisc c;"l lull-ln-i- I.MHI-741 ISS.I ff V Standard g Chartered *****,000,000 Negotiable Floating Rate Singapore Dollar Certificates of Deposit due 18/10/1999 In accordance with the provisions of the above mentioned Certificates of Deposit, notice is hereby given that for the Interest Period from 21 July 1998 inclusive to
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      Page 22 Advertisements Column 2
      437 22 NOTICE IS HEREBY GIVEN that. I Lim Siew Huar Alan Lim of Blk 441 Sin Ming Ave #02-411 Singapore *****1. have applied for a Retail Liquor Shop Licence in respect of M/s Royal Ahold-Kerry (TOPS) Pie Ltd located at 20 Eastwood Road #01-07/08/09 Eastwood Centre Singapore *****2. and that this
      437 words
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      Page 22 Advertisements Column 3
      218 22 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF YIP WING FATT ELECTRIC SAWMILLS (PTE) LIMITED (In Members Voluntary Winding Up) NOTICE IS HEREBY GIVEN in pursuant to Section 308(1) of the Companies Act Cap. 50, that the Final Meeting of Members of the above-named
      218 words
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      Page 22 Advertisements Column 4
      359 22 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant to Sactlon 290(2) (b) EBER DEVELOPMENT PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held on 13 Juiy 1998 the following resolutions were duly passed: AS SPECIAL RESOLUTIONS 1.
      359 words
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      Page 22 Advertisements Column 5
      39 22 BUY*; SELL FIND;; Classified ads are purr... feet for finding lost little kittens. No tnatter what it is, you can always buy it, sell it or find it with the Classified. toil FIE 1800-737-1166 («ll I«4it fit Ittilti Tta«rr«»
      39 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      333 23 Bridge News A STRONGER US$l4.OO without combination ports was rumoured agreed on the run from the US Gulf to Japan, brokers said. Far East Panamax activity has also been brisk. Capes ize rates continued to drop. Talk of a tightening in the Atlantic Panamax sector helped to push
      Bridge News  -  333 words
    • Article
      MARITIME STOCKS
      246 23 tm CW7 OtatribgHM 0.40 -0.01 lF ChuanHup 0J85 *0.005 105 COKO Invastmant 0.49 FraWrtUnta 0.18 *0.003 49 G8lfaMnga 0.20 Hal Sun Hup 0.40 unch 18 HRacNZotan unch 58 IMCHoMtaga HK 5.60 Jay* Ho4dlngs 0.40 -0.005 5 JuronaSIHpv«r<1_7.70 -0.25 649 KoppaiCorp 2.76 *0.01 2114 KappalFELS 4.62 -0.04 268 KappalMarlna
      246 words
    • Article
      OOCL improves Trans-Pacific services
      391 23  -  Changes from next month will enhance service quality and schedule reliability By Felix Chan [SINGAPORE] Orient Overseas Container Line (OOCL) will enhance its Trans-Pacific services through a phased refinement of schedules with the re-deployment of ships from August this year. Several initiatives are being taken with
      391 words
    • PORTShots
      • Article
        Lock icon Work starts on Xiamen port channel
        92 23 Reuters [BEIJING] China has begun construction of the first phase of a port channel Cor 100,000-dwt ships in Xiamen city in the south-eastern province ofFitfian, the official Xinhua news agency said. The first phase of the 250-metre-wide channel would cost about 105 million yuan
        Reuters  -  92 words
      • Article
        Lock icon Kwai Chung's Jane throughput down
        104 23 AFX-Asia [HONGKONG] Throughput at the Kwai Chung port in June fell 2.8 per cent year-on-year to 785,746 TEUs (20-ft equivalent units), the South China Morning Post reported. Richard Yuen, secretary of the Port Maritime < Board, was quoted as saying that the terminal operators at
        AFX-Asia  -  104 words
      • Article
        Lock icon Taiwan, China firms in joint venture
        55 23 AFX-Asia [TAIPEI] Taiwan's China Shipbuilding Corp and a shipbuilding company from China have decided to go into a venture to build two 175,000 tons of bulk carriers, the Economic Daily News reported. China Shipbuilding estimates the investment will be around NT$lOO million (554.9 million),
        AFX-Asia  -  55 words
    • Article
      Panama Canal revenue higher than expected
      231 23 [PANAMA CITY] Panama Canal toll revenue and traffic in the first nine months of fiscal 1997/98 surpassed forecasts, despite a slowdown in March to June due to El Nino and the Asian crisis, the Panama Canal Commission (PCC) said. PCC administrator Alberto Aleman Zubieta
      231 words
    • Article, Illustration
      Lock icon Maersk launches direct S'pore-S Africa service
      492 23  -  It offers weekly sailings on* fixed day schedule By] P T Bangsberg [SINGAPORE] A new direct service between Singapore and South Africa will offer dedicated Maersk Line vessels in weekly sailings on a fixed day schedule. The first left Singapore on Sunday, with the
      FILE PHOTO  -  492 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      240 24 PACE DSR-Senator 4 ACL 9 Danveron 4 ANL 3 Djak Lloyd 9 Accord 6 Oongnama 3 Appenship 5 ECL 5 Astro 3 E «W 6 Austral 9 8 BSA 7 6 Lifl<l A Batamindo 7 Gemartr40s 8 Bays.ater 6 GenShM 9 B'tang Mas
      240 words
    • Article, Illustration
      Merger up against turf wars
      711 24  -  CHINA SHIPPING Talk of a forced merger between Cosco and Sinotrans to create an interraodal giant is rife but issue is very political By P T Bangsberg Maritime circles are again buzz ing with talk of a merger between China's largest shipping line and its
      711 words
    • Article
      SHIPPING GUIDE
      23863 32 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT 2? A<, |J!™ S r Vo Tetepftone I ETA ETA Advertiser Vessel Voyage Telephone N4m Numt> Number I SIN Destn Name Nam, Number Number I MHHMHMMHHHHHMNHNHNHHHHHHNNNMMHHHHHttMMHI A I 04/06 29/08 Evergreen E GOVERN 4-072W 65-*****11 I 04/01 29/08 Triestlno EVER GOVERN 0224-072W 65-*****35 To ABIDJAN
      23,863 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        698 37 V°V No B«rth Arrival Dtpartur* Jiaroof Nrt SSr?„.. 21™. atongside 20.07/2100 8 gUktFv. -»3 atongsxle 20.07/2300 B f£ara """J alongside 21.07/0100 a w!!u JJ alongside 20.07/1530 I?*'", ®°™J J01 alongside 20.07/2230 st Sd Tmu j® 1 alongside 2107/0600 a! alongside 20.07/1500 Bt Lurti .m v» J01 alongside 20.07/2359
        698 words
      • Article
        CONTAINER SCHEDULES
        1710 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Bounce Rstls Ship Voy No Etb/Btr Period From To From Ml UK 0(61 21/1*00 U 20/1900 20/*9* 20/1*00 20/1500 20/1659 20/1*00 tow T »207* 22/0400 U 20/1900 20/165* 20/1*00 20/1500 20/165* 20/1*00 20/1700 21/065* 21/0*00 21 20/1700 2V065* 21/0*00 1
        1,710 words
      • Article
        GLOBAL HOLIDAYS
        189 37 Jul 21. Belgium: Independence Day. Au|L Switzerland: National Day. Aof 3. Ireland Republic Of: August Holiday. Anf 10. Singapore: National Day Holiday. South Africa: National Women's Holiday. Au( 12. Thailand: HM The Queen's Birthday. Atif IS. Austria: Assumption Day. Belgium: Assumption Day. France: Assumption Day. Greece: Assumption Day.
        189 words
      • Article
        COCKETT BUNKER MARKET REPORT
        882 37 THIS report, complied by Cockett Marine Oil Ltd. shows price ranges in US dollars Instead of single prices Tor 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 individual
        882 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        341 37 Juiv 4 Zl? I ,$0 W4 5 WJ °K> 84 0.07 J Y 9 Density Witw BwMw Ash Aluminum Sediment No ebove E25 4 0 10 0 1 0 Sm/m 380 Ave 986.7 0.3 16.5 0.07 26 0.03 >./. >«. .as M v v js JJ:
        341 words
    • AIR LAND TRANSPORT NEWS
      • Article
        Lock icon Indon car sales plunge 82% in 1st half
        273 38 AFP [JAKARTA] Indonesian car sales plunged 82.4 per cent year-on-year in the first six months of 1998, reaching only 35,789 units, industry statistics showed yesterday. A snap survey of car sales for the first half of 1998 issued by the country's largest
        AFP  -  273 words
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        Lock icon Indonesian airlines seek fare hikes
        78 38 AFX-Asia [JAKARTA] The Indonesia Association of Airlines (Inaca) has asked the government to approve a rise in domestic airfares of between 35-47 per cent, the Kompas quoted Inaca secretary-general Benny Rungkat as saying. Mr Rungkat said the rise is part of the adjustment of the
        AFX-Asia  -  78 words
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        Lock icon PAL's net loss up nearly four times in April-May
        326 38 Modest gains from operations wiped oat by forex transaction losses, much higher financing charges AFP [MANILA] Philippine Airlines (PAL) said yesterday its unaudited net loss nearly quadrupled from a year earli- er to 391.6 million pesos (5515.9 million) in the first
        AFP; REUTERS  -  326 words
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        Lock icon US$3.4b harvest for Boeing
        70 38 [BEIJING] A plane flies above Chinese farmers before landing at Beijing's airport yesterday. China signed a letter of intent earlier this month to buy 10 next-generation Boeing 737 aircraft. The aircraft are in addition to the 50planes that China committed to buying during President Jiang Zemin's
        REUTERS  -  70 words
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        Lock icon Ansett, Air NZ in talks to integrate engineering divisons, says report
        209 38 AFX Asia [SYDNEY] Ansett Holdings and Air New Zealand Ltd are to hold talks about the possible integration of their engineering and maintenance operations from 1999, the Australian Financial Review said. The paper said a high-lev-el meeting with union
        AFX Asia  -  209 words
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        Lock icon Thai Airways share sale sees little progress
        442 38 It may be delayed till late this year, analysts say Reuters (BANGKOK) Asia's Financial jitters may delay the further privatisation of Thai Airways International pic until late this year, aviation analysts said yesterday. Analysts said the statecontrolled airline had shown little progress on
        Reuters  -  442 words
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        Lock icon UPS may order 100 Airbus planes worth £3b: report
        283 38 Reuters [LONDON] UPS, the largest package delivery service company in the United States, is likely to order up to 100 A3OO-600 aircraft from European aircraft maker Airbus Industrie in a deal worth £3 billion (SsB.l billion), The Sunday Times reported. The
        Reuters; FILE PHOTO  -  283 words
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        AIRCRAFT ARRIVALS AND DEPARTURES
        1854 38 fUCHT CM MBIT CTP S***** 1610 IM779 2359 AdoiaWo BA7M1 1930 BA7382 2055 0F06 1845 $***** 2359 Of81 1930 0f82 2055 FikMti $0989 tT» $09)0 0105 1—SBL-3S. GoanflrtouPK $0803 1905 CZ354 0910 Amjtardam ****** 0755 W.844 0040 C2351 2045 S0804 1020 s ss -s ma aa-m,
        1,854 words
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      27 23 Merger of Chinese giants up against turf wars Talk of a forced merger between Cosco and Sinotrans is rife but the issue is very political. Pag® 2
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      409 23 .PftWfe. Derek Seah has been Jean-Pierre Lecomte, appointed as Star Cruises 51, has been elected senior vice-president of chairman of the Port of Le sales marketing and Harve Authority. Mr Lecountry manager. As comte succeeds Eric Lesenior vice-president, Mr loup, who had served as Seah will assist chairman since January
      409 words
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      380 23 PAL's net loss up nearly four times in April-Hay Modest gains from operations wiped out by forex losses, financing charges. Back Page IHH Access the Southeast m ■*'<-'*rtv, HW«ioN« Asian market. pMBBMBSHj Workßoat Singapore. SINGAKXtt fl ver the course of its twent y year history, the International Workßoat Show %MNew
      380 words
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      684 24 SUPER SHUTTLE EXPRESS I j IQULF KARACHI EXPRESS (OKX) SS Jm, 1 VISStI VOY JEA PMN lAH QUO KAR COl PKG SIN 00CI JAPAN 25W527 08/07 26/07 00(1 CHINA 24W520 IS/07 02/00 HO NttUOYD lAHRAIN 041 01/07 10/07 10/07 12/97 17/07 21/07 2S/07 24/07 OOCISSUA !52S "Z "Z HO NEDUOYD
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      90 24 SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Mono Kona A All China Port. (EVERY THUfI 11 fH Yfl«g|\ VISSEL VOY ETD SIN ETA TYO ETA KOI ETA YOK ETA NGO ETA OSA HOUSTON V.OI
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      721 24 Unfts4 ser ces represented ■<—v (lEll) t l yMemDe^ c theßeQ S t ry o' Orders Accredited Sapping Agents ajUy Assoc a;<x Sngapore Shipping Association CONTAINER»CONVENTIONAL CARGO ACCEPTING ON DIRECT SAILING TO MALE ETA(SLNG) ETA(MALE) M/V Princess Lily V 0396 19/08/98 M/V Princess Lily V 0498 02/09/98 09/09/98 LILY MARINE
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      1029 25 SAX SERVICE (DIRECT) VBSa VOY SWETA LAX PAX 001 HOU CM OX IWCUd tfl KYC <PtCARWT 004E 28/07 13/06 17/08 17/08 18/08 17/08 18/08 18/08 19/06 19/01 tfISPH 004t 05/08 20/08 24/08 24/08 25/08 24/08 25/08 25/08 26/08 26/08 API SARDONYX POSE 19/08 03/09 07/09 08/09 08/09 07/09 08/09 08/09
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      1809 25 I HANJIN SHIPPING HAHJIH SHIPPING (S) PTI LTD I**//"* bmp torn BOOKING 32*0735 237 SAIiS 32*0224 231 DOCUHHfI ********** OKUTIOKS *****41 252 MUCIN LINE *****55 fU 272W60 3NO **********0 M |TO NW USA CANADA I USA CANADA* ,FO,WI/VOY ns~ns u*naui/voy I»I nw 1 obi Ipml o« pg— ml ptt jmm
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      Page 25 Advertisements Column 3
      455 25 PULIY CONTAINIKISID PIPICATEP SERVICES ".nrn—Mini ami IM«I VESSEI VOT SIN PIG W Sill HKG KEI USN PUS «SSH jvQY^^s!wTrT!(G|yF^l^^^[yO^S?|^|jig MONUNIA 1«_ j»/D7 21/07 lON 22/07 20/07 20/07 30/57 31/07 |K|TC HONGKONG I B&4S I I OIOS «*TCUISAN OIOS 24/07 31/07 07/00 04/ M 05/00 MONTANA I lIS 109/ MI 11/
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      1416 26 DSR-SENATOR UNES TO UK/CONTINENT TO RED SEA/MKI >I'i'ERRANEAN/CANAPA KSSfI w SM LEH RTM AMR HAM BRV FU I VESSEL IvOY I SIX I JED GIT SPE fOS VLC IMTR CHOYANG ATLAS IMNB3O 2187 07IX MO6 10 08 12 08 13 0* 14 08 OSfl AMERICA WMB33 23 07 83 01
      1,416 words
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      Page 26 Advertisements Column 2
      1194 26 MY ANG R4UKIG LINE Internet Web S.te http: //www.yml.com.tw j E-mail Address csohp72o.yml.com. tw ARRIVAL RXED DAY Tuesday VtSS£L WOV L£H FXT HAM ANR HFA SIH MING GLORY AB22E SLD SLO SLD SLD SLD ?rn7 MING MOON AB23E SLD SLD SLD SLD SLD 28 07 SSSstT* SJ, S£, aD ss
      1,194 words
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      Page 26 Advertisements Column 3
      446 26 LINE ST TIL: *****56 FAX: *****12 MUARA LABUAN j vissa vor fro eta vissa vor no iu SfOtE MUARA STORE UN APRAGUKtT VI9I/90 27/07 30/07 APRIGIORT VI9I/90 27/07 Jl/07 JJTOSKR Vl*/* 02/00 05/01 APKKK* VI9I/90 02/01 06/00 APRftGWRT V2OE/98 05/06 08/08 AflttaOOT V2OI/W 05/01 09/00 JJHOSK* V2OE/98 12/00 15/01 i
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      1288 27 VOV SIN PQU PKO PEN BLW SUR PUB SHJ BA BIK PJL 1292 09/07 18/07 19/07 21/07 IRAN MATIN PJL 1297 17/07 26/07 IRAN HESABI PJL 1304 25/07 03/08 03/08 04/08 IRAN TAKHTI PJL 1300 08/08 15/08 15/08 18/08 IRAN SATTARI PJL 1308 16/08 25/08 25/08 26/08 [IRAN TEYFOURI PJL
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      Page 27 Advertisements Column 2
      1445 27 AIL-WATER DIRECT TO NEW YORK IN 28 DAYS I 6 SHENTON WAY TEL 226 1900 FAX: *****08 OUTWARD (l/L) JOHORE OFFICE: —mU I COSTAR SHIPPING PTE LTD #17-08 DBS BIDG SALES/IKGS *****41/43 INWARD OEPT (D/ 0) *****85 COSTAR AGENCIES fill SDN RUB IMB RmTm iinm mkl T/SHPMTDEPT *"sw"SWSmswto Sa« Y
      1,445 words
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      Page 27 Advertisements Column 3
      594 27 EASTERN CAR UNER, LTD/^t^lT 1 fAi KL (SINGAPORE) PTE LTD •I STtOAUZt IH ROUP t HiAVY UfT IHTO 122 TOWS ECI (SINGAPORE) fTE LTD LOADING FOR YAI J^ T CALCUTTA/CHENNAI MV TRONO V.134 MV "BRIGHT PESCADORES" V 1 ETA SIN 23/07/98 ETA YGN 27/07/98 ETA SIN 24/07/98 EUSL3SB7/W ETA CTG
      594 words
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      1738 28 MAC-NELS S'PORE M'SIA Carrier MN COUTH UNES, INC p.gudan*mm*m I i\-/ J OW WO. IMM7MOOUI SOU: (064) *****9 MAMLA: (632) *****24 p^ScßgiS, S2K&2X ROTTERDAM/FELIXSTOWE SYDNEY/MELBOURNE MV fl v ,9w mv *hum- v.403 ETA SIN. 24/07/98 ETA SIN: 24/07/98 TYO/YOK/OSA/UKB CANADA MV "ASIAN POLLUX" VN266 MV "HANJIN KAOHSIUNG" V.036E ETA SIN:
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      Page 28 Advertisements Column 2
      393 28 NANTAI LINE FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOT I SM j PLU I PUK I CFT »/MT NANUinONQ ¥023S 24/07 W/Oi 14/08 MAMUI VBHiS \tO2«S 03/W 11/08 14/01 21/pj ?4/M GOIDEN WAGON tOO4S 10/01 20/01 24/ M 21/01 HAKSA CASTHIA VOOIS 14/ M 2S/0I 2VM 03/W
      393 words
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      388 29 j BSA mm MYANMA pBßk FIVE STAR LINE (Myonmor National Lk«) Loading for Yangon (Rangoon) VtSSQ VOT SIN Pftl PEN PGU •OWU 15W SID HTTOI liw su> MALAYSIA AGINTS: BOUSTIAD SHIPPING AGENCIES KUL IK (03)241/300 PKL- Til (03) *****01 PEN: IE (04) *****02 PGll; TH (07) *****21/4 M BANK LINE
      388 words
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      Page 29 Advertisements Column 2
      987 29 JjYUNDAI MERCHANT MARINE CO., LTD. 13&—sppj?jq,qrriq^& alsljsjal S24W 24/07 14/08 15/01 09/08 11/06 NOLAMAZONFTI 0161 29/06 04/07 01/07 02/07 173 NOLfYW* 006W 27/07 12/0)13/08 15/08 18/08 HYGBCRAL 3121 01/07 07/07 02/07 04/07 125 HY BARON 314W JO/07 17/08 22/08 19/08 20/08 NOLMIS 003 C 10/07 11/07 05/07 07/07 -IS NOIIOUTI
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      1075 29 Mi iMi speciofeed oukxaman S^Smi!llv£s £lAfS£/v TO NORTH AND LATIN AMERICA "RORO HEAYYUFT SERVICE" a|VB» VOT IRAMP HEIGHT I iiM I LAX CRt MIA SAV Ml Off MYC NEW MO» !?HL C ,MG 5 400T B 6JM "3W "2476T 02/09 05/09 07/09 09/09 To7W 14/09 15/09 t 400 T 6J<i
      1,075 words
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      776 30 BANGKOK/ MAP TA PHUT/ LAEM CHAEAHQ JAKARTA/PAN J A NO VESSEL VOV SIN BKK MTP LCH VESSEL VOY SIN JKT PJN CHANA BHUM: 27N In Pt 24/07 ANRO JAYAKARTA' 048 ~lnPt 23/07~ BANI BHUM 107N In Pt 25/07 24/07 THANA BHUM 29CS 22/07 23/07 SINO OCEAN OCNQ97 22/07 2S/07 GURU
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      Page 30 Advertisements Column 2
      515 30 BINTANG MAS SHIPPING PTE. LIT 39 NEIL ROAD, SINGAPORE 0206 TEL: *****68 FAX: *****64 TLX: R*****5 SINMER CR No: **********0W Receiving Cargo at PTI I Plntulu I I Muiri VESSEL VOT SJN |TU yUMi VOY SIN MUA I Sent V9814E 22 23/07 28/07 MGoU V9814E 27-21/07 02/0 BSwn V9815C 04-05/
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      Page 30 Advertisements Column 3
      655 30 1 1 ACCORD MM SHIPPING PTE LTD TSL s *****15 (40 Lin..) FAX *****30 KMTtUMC (03) U7 1001 T1 OIBKT ACCESS Til: *****55 (IXPO«T BOOKING) fAMGUOAMC (07)3St 1377 *****34 (EXPOtT DOC), *****39 (IMPOST) tVUMC (04) *****41 iUMIk (11) UO 0770 v EM SIM SIM POUT ETA SIM PORT ETA SIN
      655 words
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      403 31 INDONESIA NATIONAL LINE TO EUROPE SEMI-CONTAJNERtSeP SERVICE VOY SPORE I < H'BURG OBEMEM AMI WE I ȴEttEL 1510 I 20/10 25/10 OMIT 05/11 TO AUSTRALIA FULL CONTAINER SERVICE g SHlffltl owe I syo I mb. I hm I am. In am nun am mm ion i&u API MOULD ps xm
      403 words
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      Page 31 Advertisements Column 2
      863 31 I, ADVANCE CONTAINER LINES (PTE) LTI "#\f* 140 Cecil Street #12-00, PIL Building. Singapore *****0 TEL: *****21, FAX *****19, TELEX :RS ***** ACLPL CR NO. **********0E OPERATIONS: *****60/ *****05 _l BAHQKOK JAKARTA (Wttkly 5 Slfls mn Sift LCH/1 Sl| BUT) (3 Satlltft/WM*) VKStt VOY SIN BKK VESSEL VQY SIN JOCT
      863 words
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      Page 31 Advertisements Column 3
      752 31 D uilfTvl; j JTlJ SN JED MLA LEH HAM TMP RTM s5~ 11 am —fare ~}J ytXED-ORION Y2BW 26A)7 11/06 WOB 18/06 iftttj 19KJ6 20*)B~~ rj— V27VV 07 AM IMB 21 A» 2M6 a*6 25*06 aSS"" Tu. VH-LE DE TANYA T27W 12AM 2006 25/06 3QWB 31AB Qaqj row 03*» o
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      48 33 Slrffc Dial 740-6000 on demand —(Retrieve more schedules!) St|m Press "1" ct jL\ Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number your phone number Another Innovative servke offered by document Will be Shipping Times s^b)
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      Page 35 Advertisements Column 1
      48 35 Dial 740-6000 on demandl —(Retrieve more schedules!) Press 1" Select the port and key in the four digit code eg: To New York (NYC) 2275 Key in your fax number STEfcjEnter your phone number Another Innovative service offered by The document Wi 11 be SffIPPING TIMES !3P «SS,£££_
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  • Page 37 Miscellaneous
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      Page 37 Miscellaneous Column 1
      127 37 LEGEND: R Thunderstorm Temperature o c Sh°w#r Weather Wind direction with speed m knots ee Roin f J Cloudy Sky Wove height Wta. or. dieted by arrows which My With the W,„d I ™U# C rCI represents calm f and variable winds J__ One hotf fieche represents 5 knots Wove
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      Page 38 Advertisements Column 1
      204 38 International Shipping Company requires CHARTERING BROKER (Pry Cargo Worldwide) for their Thailand Branch. Competence and diligence is more important than nationality, age or sex. Please apply with full references and C/V in English Fax: 65-2-*****95 E-mail: HALI@LOXINFO.CO.TH NOTICE TO INTRA-ASIA TRADE The undermentioned shipping lines in the Intra-Asia trade would
      204 words