The Business Times, 8 January 1999

Microfilm: NL21373
Total Pages: 52
1 52 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES Ml'l'A (P) 85c SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY, JANUARY 8, 1999
    13 words
  • Article
    MARKET SUMMARY
    16 1 □an j UffJtt (+52.91) BT-SU •47.48 (+20.44) fISDBGirDniBES U mxi (+8.99) niAmrMk mM mad
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  • Article
    FINANCE
    66 1 ratBZIiXB un a UBt— un £(USt/8lperf)—..UK 1770 HIROWSIpvB L>« LM9 DM U0O .MM YES lHU Uf7* U UN 1.440 HKS 7.748 MIC BAKT JMI MM OTIAM 7JIS Ml •StfMmUU FMME1ATO 8INGAP0RE* U1 KUALA LUMPUR— ilM JAKARTA ra8QE*™_5Z^-3£5 *MA i|i iTX-LI g.90 wmmm— i«.» TABja 8J0 SYDWJT TOlflD tm :i4J6
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  • Article
    Resistance looms as STI surges another 3.6%
    601 1  -  Jakarta and Hongkong stocks impress with rise of 7.2% and 4.5% By: R Sivanithy [SINGAPORE] Local stocks piled on Wednesday's explosive 6 per cent rally to surge another 3.6 per cent yesterday, but it was evident that the rise was meeting stiff resistance
    601 words
  • Article, Illustration
    Lock icon Dow down 51 points at noon
    147 1 Bloomberg Reuters [NEW YORK] US blue chips feU in early trading yesterday after three straight days of rises. By noon EST, the Dow Industrial was down 51.23 points at 9,493.74. Contributing to the caution on WaU Street was a comment on television by Federal
    Bloomberg; Reuters; Source: Bloomberg  -  147 words
  • Article
    Lock icon European stocks skid, euro trips
    284 1 Clinton, Brazil worries floor markets; yen gains Reuters [LONDON] European stocks skidded yesterday and the yen powered to a 27-month-high against the US dollar and squashed the infant euro amid jitters about the US presidential impeachment and a possible crisis in Brazil. A day after
    Reuters  -  284 words
  • Article
    OCBC refocus may see birth of property giant: analysts
    580 1  -  Group to concentrate on hankinfe redeploy non-banking assets By I Conrad Raj [SINGAPORE] OCBC Bank's plans to focus on core banking could result in the group spinning off its vast real estate holdings in Singapore and Malaysia to create a regional
    580 words
  • Article, Illustration
    SIA calls off China Airlines stake talks
    584 1 Terms for 25% stake not met; no strategic alliance either By George Joseph [SINGAPORE] In a move likely to surprise the airline industry, Singapore Airlines has called off talks with China Airlines for what would have been its biggest equity stake in a
    584 words
  • Article, Illustration
    New BT section for your weekend
    169 1 From today, and every Friday, the best of weekend reading comes a day earlier in The Business Times. Saturday's Executive Lifestyle and the Personal Finance and Investment pages will now be moved up to Friday in a new 16-page section called Executive Lifestyle and
    169 words
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      177 1 ntgPH i ITriu ptHoo dMfriti Rahim Noor, Malaysia's police chief, has quit to take responsibility for the injuries suffered by former deputy prime minister Anwar Ibrahim while in police custody but it is still unclear who gave him the infamous black eye, Vfct WSucta The Monetary Authority of Singapore's auction
      177 words
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      52 1 eW*U Street bcdl seen charging through QL,Pg 9 la Tokyo the place to be, or not to be, this year?Pg 11 Sustained rally seen for S'pore, region, Pg 12 More reports, Pg 12 Euro suffers double blows from yen, US$,Pg9 OCBC to refocus on core banking, Pg2 Analysts hall plan,
      52 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      New goals get analysts' thumbs-up
      199 2 ANALYSTS and fund managers have generally given the thumbs-up to the direction and goals that have been set for OCBC Bank by its new chief executive officer Alex Au. The stock market, too, was positive about them. OCBC shares rose yesterday, with the Local tranche
      199 words
    • Article, Illustration
      OCBC to refocus on core banking
      848 2  -  CEO says non-bank investments will be redeployed to make better nse of capital Reports by I Siow Li Sen OCBC Bank will over the next three years return the focus to its core banking business, said new chief executive Alex Au yesterday. It will
      848 words
    • Article, Illustration
      Lock icon 500 jobs available in clean rooms in Q1 alone
      273 2  -  By i Carol Eng WANTED: 500 clean-room workers in the first quarter of the year alone. Nine companies in hightech sectors like wafer fabrication and precision engineering are embarking on a recruitment drive for the workers, at a time when the
      FILE PHOTO  -  273 words
    • Article
      Current account surplus set to rise
      383 2  -  EYE OH THE ECONOMY Outlook Audrey Tab SINGAPORE'S current account surplus may have hit almost 18 per cent of gross domestic product (GDP) by the end of last year, and could balloon to about 21 per cent of GDP in 1999, says Daiwa Institute
      383 words
    • Article
      Natas issues guidelines on fees for travel agents
      322 2  -  Move is attempt to shift competition from price to service By l Carol Eng AFTER trying for eons to get travel agents to charge fees based on the service they provide, rather than rely on airline commissions, the National Association of Travel
      322 words
    • Article
      MAS auction of $900m in bonds 2.9 times subscribed
      312 4  -  Response better than 2x subscription of first issue; stage set for JTCs sale By' Wong Wei Kong THE Monetary Authority of Singapore's auction of $900 million worth of 10-year Singapore Government Securities (SGS), its second such issue, was 2.9 times subscribed
      312 words
    • Article, Illustration
      Lock icon US Net firm takes stake in S'pore's Edge
      432 4  -  E-commerce firms tie op to expand business in Asia By' Toh Han Shih UNITED States Internet firm Agency.com has invested an "eight-figure amount in US dollars" in a local Internet firm Edge Consultants, Edge managing director Dinesh Bhatia told BT. With this
      SIEW YAW HOONG  -  432 words
    • Article
      42 Tat Lee Securities staff join Keppel
      336 4  -  By< Clarissa Tan A TOTAL of 42 people from the former Tat Lee Securities have hopped on board Keppel Securities, while 27 Tat Lee staffers were retrenched, a spokeswoman for Keppel said yesterday. The ex-Tat Lee staff who are now part of the
      336 words
    • Article, Illustration
      Lock icon S'pore fire policies already include flood cover
      395 4  -  Unlike in M'sia, firms here need not pay more premiums By\ Soh Tiang Keng UNLIKE Malaysia, Singapore's businesses are not rushing for insurance cover against floods and thunderstorms caused by the La Nina weather phenomenon. This is because flood cover is readily available
      FILE PHOTO  -  395 words
    • Article
      Phillips Petroleum plans to enlarge plants
      432 4  -  It hopes to take advantage of PCS 9 ethylene expansion By\ Bonnie Lim [SINGAPORE] Phillips Petroleum Singapore Chemicals (PPSC) is studying plans to expand its two downstream petrochemical plants here to take advantage of coming ethylene expansion by Petrochemical Corporation of Singapore (PCS), PPSC
      432 words
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      30 2 FREE! I 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. I CAT AI Another Classified Service
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      421 4 Hg National University of Singapore Conflict Management Group |Qj The John E Kennedy School of Government, Harvard University Effective Negotiation In Ah Era of Rapid Change ragoaaaon ran can spot re umbiwiub oww ooong re diq 00a, WHi| tw best workers, securing a satisfactory outcome for dent, and icNning (he
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      49 4 Phillips Petroleum to axe I,4oojobs, Pg 14 "My friends were talking about the adventure camp to Pulau Karimun they had read about in Cats' Mews, Sunday Classified. I don't want to be leftout -1 read Cats' Mews every Sunday now." Yto Sam Jay, secondary four student f& CAT AI
      49 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon KL favours exit tax in easing capital control: official
      408 5 Bnt authorities need time to iron ont differences over implementation Bloomberg Reuters [KUALA LUMPUR] The Malaysian government looks sure to relax capital controls by introducing an "exit tax" on foreign portfolio investments that are repatriated, a government official said yesterday. The
      Bloomberg; Reuters  -  408 words
    • Article
      Lock icon KL current account surplus up 65% in Q3
      230 5 Bernama [KUALA LUMPUR) Malaysia chalked up a record current account surplus of 14 billion Malaysian ringgit (556.2 billion) for the third quarter of 1998. This is an increase of RM5.5 billion, or 64.7 per cent, from a surplus of RMB.S billion in
      Bernama  -  230 words
    • Article, Illustration
      Lock icon Taiwan battling to save debt-laden properly developers
      472 5 Bat some want govt to let speculative builders to go bust Reuters [TAIPEI] Taiwan is struggling to prop up its property market, its speculative construction companies and, indirectly, the entire banking system, although some experts have urged the government to just let the
      Reuters; FILE PHOTO  -  472 words
    • Article
      Lock icon Seoul to cut rates to rein in currency surge
      426 5 Bloomberg [SEOULJ South Korea will lower interest rates to try and cap a surge in its currency and protect export profits, the central bank said. The won rose 19 per cent against the dollar in the past three months, a gain
      Bloomberg  -  426 words
    • Article
      Lock icon Japan land collateral value at 13-year low
      236 5 Bloomberg [TOKYO] The value of the property backing Japanese banks' loans has fallen to its lowest in 13 years, as land prices continue their eightyear slide, the Economic Planning Agency (EPA) said. Real-estate collateral accounted for only 23.8 per cent of the face
      Bloomberg  -  236 words
    • Article
      Lock icon Manila taps US$1b from global bond markets
      432 5 Success marks returning demand for debt from emerging markets Reuters AFP [LONDON] The Philippines successfully raised US$l billion (Ssl.7 billion) in the international bond markets on Wednesday, providing further evidence of returning investor appetite for emerging market debt. Finance Secretary Edgardo Espiritu said
      Reuters; AFP  -  432 words
    • Article
      Lock icon HK banks seen cutting prime today
      293 5 Reuters [HONGKONG] Hongkong banks are likely to cut their prime lending rate today to boost the depressed economy, and in view of a wide spread between prime and interbank rates, dealers and analysts said. "There is a very good possibility that prime rates will
      Reuters  -  293 words
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      7 5 ToeßusnessTimes Shipping times 5 days a week
      7 words
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      100 5 ti JI I THE WORLD S LEADING w V OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS S t'»7S <.uf ......rld'.vidr st iff -v* over 2?S nuitt. cl.vipi.r.-d |)-ofoss.r.,wK .miudinq 1.1 v«-'s .n.irtered ......unfits. -h^tered so< it-t.f'»>s ctud t) t inke's h.ivo pr"i ided /JV (lll'' (lt riti.ll ...id OS' pff»>(Ti .on
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      Page 5 Advertisements Column 3
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Lock icon Malaysia's police chief quits over Anwar's injuries
      507 6  -  ANWAR'S TRIAL Rahim to take fall blame, but letter offers no details on beating Front. Eddie Toh in Kuala Lumpur MALAYSIA'S police chief Rahim Noor has quit to take responsibility for the injuries suffered by former deputy prime minister Anwar Ibrahim while in
      FILE PHOTO  -  507 words
    • Article
      M'sia caps discounts on phone rates at 20% to avert price war
      478 6  -  Limit set for first 2 years as fixed line market opens np From Ruth Wong in Kuala Lumpur MALAYSIAN telecommunications operators can offer no more than 20 per cent discount on telephone rates to avert a price war
      478 words
    • Article
      Lock icon M'sia property blitz hits target: developers
      396 6 KUALA LUMPUR AFP Reuters MALAYSIA'S month-long campaign to reduce a glut of housing has reached its sales target less than a week before it ends, according to developers taking part. But US investment bank Salomon Smith Barney said in a report yesterday the outlook
      AFP; Reuters  -  396 words
    • Article
      Lock icon Jakarta to up local call rates by 24%
      203 6 JAKARTA AFP THE Indonesian government will raise domestic telephone call rates by around 24 per cent from next month to offset increasing operational costs, reports said yesterday. "I cannot disclose the increase now because we still have to hold further discussions with
      AFP  -  203 words
    • Article
      Lock icon Anwar's lawyers tap foreign experts
      259 6 KUALA LUMPUR AFP LAWYERS for Anwar Ibrahim tapped foreign experts yesterday to help dispute a prosecution claim that semen from the former Malaysian deputy premier was found on a mattress used as evidence of sexual misconduct. Two forensic science doctors, Henry Roberts from Australia and
      AFP  -  259 words
    • Article
      Lock icon Estrada forms cabinet task force in bid to save PAL
      278 6 MANILA AFP PHILIPPINE President Joseph Estrada has created a special "cabinet task force" to study ways of keeping the troubled national flag-carri-er, Philippine Airlines from closing down. Presidential spokesman Fernando Barican reiterated that the government would not take over PAL,
      AFP  -  278 words
    • NOTEBook
      • Article
        Lock icon Most Aoeh protesters released
        58 6 Reuters [LHOKSEUMAWE, Indonesia] Indonesia's military yesterday released most of those arrested after a week of separatist violence in Aceh and said it had no intention of putting the province back under its control. "The military operation status will not return to Aceh and there are no
        Reuters  -  58 words
      • Article
        Lock icon Rail tracks disappear in Jakarta
        72 6 AFP [JAKARTA] Poor people in Jakarta have started stealing rails from an unused railway track, a newspaper said yesterday. Hundreds of sections of rail have been stolen from the closed track which used to run between the city centre and the western satellite town of
        AFP  -  72 words
      • Article
        Lock icon Bangkok faces water shortage
        81 6 AFP [BANGKOK] A million households in Bangkok will face reduced water supplies from next week as Thailand's worst drought in decades tightens its grip. Water levels in the country's two most important dams have shrunk to dangerously low levels after a drastic drop in rainfall, the
        AFP  -  81 words
      • Article
        Lock icon Manila to keep some reserves in euro
        51 6 AFP [MANILA] The Philippines will convert part of its reserves into the euro soon, the central bank chief Gabriel Singson said yesterday. "Part of our trade is with euro countries so it is advisable that part of our reserves be in euros," he
        AFP  -  51 words
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      125 6 GOLD///PFEIL GERMANY Sale up to 50% Sale now on till 31 st Jan *99 Unit N0.5, Orchard Parade Hotel, l Tanglin Road, Singapore *****5 Tel: 738 7900 #02-28/31 Wisma Atria, 435 Orchard Road, Singapore *****7 Tel: 834 2191/92 We're open daily from 10.30 am to 9.30pm AURORA made in Italy
      125 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Taiwan Dec exports fall 14%; hopes for 5% growth sink
      370 7 TAIPEI Bloomberg TAIWAN'S exports fell 13.8 per cent in December from a year earlier, and by 9.4 per cent last year, as demand shrivelled from recessionbound Asian neighbours. Exports account for about 40 per cent of Taiwan's economic output. The
      Bloomberg  -  370 words
    • Article
      Lock icon HK faces more labour unrest says top official
      166 7 HONGKONG AFP HONGKONG is likely to see rising labour unrest this year as recession forces unemployment higher, a top government official has reportedly warned. Employment in Hongkong's manufacturing sector fell 16.9 per cent in September 1998 from a year earlier, the Census
      AFP  -  166 words
    • SINOBriefs
      • Article
        Lock icon Graft: Top Chinese police officer held
        110 7 AFP [BEIJING] China has detained one of its top Ave police officers and there are signs that he may be executed as part of a nationwide crackdown on graft, sources said yesterday. "One of the deputy ministers in the public security bureau was formally
        AFP  -  110 words
      • Article
        Lock icon Ex-banker Jailed for taking bribes
        62 7 Reuters (SHENZHEN] A Chinese court has jailed a former head of the China Construction Bank's branch in southern Guangdong province for 13 years for taking bribes, the Guangzhou Daily said yesterday. The Guangzhou Intermediate Court found Dong Huchen guilty of receiving more than HK$3O,OOO (556,477)
        Reuters  -  62 words
      • Article
        Lock icon Taiwan forex reserves top US$90.3b
        75 7 AFP [TAIPEI] Taiwan's foreign exchange reserves rose to U5590.34 billion (*****.1 billion) in December, the central bank said yesterday. This marked a rise of U552.27 billion over the preceding month due to earnings from interest and profits from overseas currency fluctuations, it said. The reserves
        AFP  -  75 words
      • Article
        Lock icon China refinery expansion seen slowing
        56 7 Reuters [SINGAPORE] China's coastal refinery expansion is likely to slow down due to apparent overcapacity and economic viability, officials said yesterday. A senior Sinopec official said it would halt refinery upgrading for at least the next three to five years as there was already enough
        Reuters  -  56 words
      • Article
        Lock icon Guangdong sees economic growth
        53 7 AFP [BEIJING] China's export-led powerhouse of Guangdong province is forecasting 8.5 per cent economic growth this year in spite of the Asian financial crisis, Xinhua news agency reported yesterday. The goal was down nearly two percentage points on 1998 growth. China's overall growth was up 7.8
        AFP  -  53 words
    • Article
      Suzhou Park firms not affected by tax changes: officials
      376 7  -  Beijing's phase-out of tax rebates said to apply only to local govts, not businesses By Lu Ning [SINGAPORE] Businesses operating in the flagship Singapore investment project, Suzhou Industrial Park (SIP), like those operating in similar development zones, should not be affected
      376 words
    • Article, Illustration
      Lock icon US' Blockbuster buys some KPS assets
      394 7  -  US video chain won't be responsible for KPS' liabilities A>ww Loh Hui Yin in Hongkong US-based Blockbuster has bought some assets of KPS, Hongkong's largest video rental chain which went into receivership last November, for an undisclosed sum. Receivers Ernst Young said that it
      FILE PHOTO  -  394 words
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      147 7 Discover more than just cost-savings in voice communications. e Sing Tel VPN Sing Tel Virtual Private Network (VPN) is a global voice network designed control to private dialing telephone number requests. specially for businesses. It s a service that offers you voice communications Other value-added services include an audio conferencing
      147 words
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  • ASIA
    • Article
      Lock icon Aussie power asset sales face political minefield
      444 8 MELBOURNE Reuters AUSTRALIAN electricity asset sales worth more than As3o billion (Ss3l billion) hang in the balance this year. Privatisation is on the agenda in New South Wales, South Australia and the Australian Capital Territory (ACT), but political issues which scuttled Tasmania's power
      Reuters  -  444 words
    • Article, Illustration
      Lock icon Test of nerves
      107 8 [NEW DELHI] Radhe Shyan Sharma, curator of the pitch at Delhi's Ferozeshah Kotla cricket stadium, yesterday assessing the damaged pitch in New Delhi after activists of right-wing Hindu party Shiv Sena dug it up three weeks ahead ofa test match between India and Pakistan. Shiv Sena activists,
      REUTERS  -  107 words
    • Article
      Lock icon Punjab takes lead in selling bonds via auction
      297 8 BOMBAY Reuters INDIA'S Punjab government yesterday took the lead in the transition to a market system for state government borrowings by announcing plans to sell 600 million rupees (5J22.5 million) worth of 10-year bonds through an auction. The state government, which recently
      Reuters  -  297 words
    • Article
      Lock icon Hyundai offers one of its units in return for LG Semicon
      509 8 SEOUL Deal ends stalemate and will create world's second largest chipmaker Bloomberg HYUNDAI, South Korea's biggest conglomerate, agreed to take over LG Semicon Co, offering one of its other businesses to end a dispute that clouded government efforts to
      Bloomberg  -  509 words
    • Article
      Lock icon Aussie cell phone market grows 16% in 1998
      339 8 MSYDNEY A third of sales chalked np in Nov-Dec period Bloomberg AUSTRALIA'S cellular phone market notched up customer growth of 16 per cent in 1998, buoyed by a Christmas spending spree, according to a report by market research firm Paul Budde Communications.
      Bloomberg  -  339 words
    • Article
      Lock icon Indian minister blasts US over nuclear requirements
      117 8 NEW DELHI AFP DEFENCE Minister George Fernandes yesterday angrily rejected a US call for India to spell out its requirements for a minimum nuclear deterrent. "I don't think the US has been given the authority to ask us about our security concerns and
      AFP  -  117 words
    • Article
      Lock icon Japan to grade banks by financial health
      528 8 TOKYO Those deemed 'good' will enjoy lowest rates on public funds they borrow AFP JAPAN plans to grade top banks by their financial health, a report said yesterday, as analysts warned that Tokyo still faces enormous challenges in tackling its banking crisis. Two
      AFP  -  528 words
    • Article
      Lock icon India opens movie industry to foreigners
      308 8 NEWDELHI Move to modernise sector and boost export of films AFP INDIA said on Wednesday that it will allow foreign investors into the country's film industry, the world's largest in terms of output. Information and Broadcasting Minister Pramod Mail aj an said the move
      AFP  -  308 words
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      16 8 i" < i fcft THKBISINESSTIMKS MB M H L busiwessit Mondays i Asia-Pac server Singapore aims to
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  • THE WORLD
    • Article
      Euro suffers double blows in tumbles against yen, greenback
      518 9  -  SINGAPORE Sharp reversal from Monday's debut doe to strong demand for yen, Bow's surge By Larry Wee THE euro fell sharply in Asian trading yesterday, a victim of both US dollar and Japanese yen trading. Europe's new common currency fell most
      518 words
    • Article
      Lock icon Obuchi seeks greater role for yen
      251 9 PARIS AFP Bloomberg JAPANESE Prime Minister Keizo Obuchi called here yesterday for a greater role for the yen in a three-way world financial system based around the US dollar, the euro and the Japanese currency. In a speech to French business leaders here, Mr
      AFP; Bloomberg  -  251 words
    • Article
      Lock icon Japan seen caught in a strong yen trap
      400 9 NEW YORK Warburg analyst says dollar/yen could hit 100 in 3 months Reuters JAPAN'S economy may be the sick man of Asia but its currency continues to steam ahead, poised to reach a three-year high this quarter, strategists at Warburg Dillon Read
      Reuters  -  400 words
    • Article, Illustration
      Lock icon Economy stronger than expected, says Fed's Rivlin
      542 9 WASHINGTON But current high stock prices may not be justified, she says Bloomberg THE US economy is stronger than Federal Reserve officials expected and shows no sign of recession, although that might not justify the current level of stock prices, Fed vicechairman Alice
      Bloomberg  -  542 words
    • Article
      Lock icon Microsoft downplays threat via Excel
      139 9 ft SAN FRANCISCO Reuters MICROSOFT Corp on Wednesday downplayed any new threat to computer users from the widely publicised "Russian New Year Exploitation" that Israeli security firm Finjan demonstrated Earlier in the week. Microsoft called the security alert "a restatement of the same issue that
      Reuters  -  139 words
    • Article
      Lock icon Investors keep cool over Brazil despite big state's default
      352 9 LONDON Reuters INTERNATIONAL investors were sanguine yesterday over a domestic debt moratorium by one of Brazil's biggest states, playing down the risk it posed to a crucial national austerity plan. Minas Gerais, Brazil's third richest state, declared a 90-day moratorium on
      Reuters  -  352 words
    • Article
      Wall Street bull seen charging through Q1
      536 9  -  While some are wary as investors poor into mutual fands, others point to broad baying driving Dow From< Andrew Marks m Washington AS all of the most widely followed stock market indices in the US continue to soar to new record highs on
      536 words
    • Article, Illustration
      Lock icon US Senate launches Clinton impeachment trial
      362 9 WASHINGTON But Capitol Hill's lack of bipartisan pact clouds progress Reuters THE Senate launched the first presidential impeachment trial in more than 130 years yesterday, sitting in judgment on whether President Bill Clinton should be removed from office for high crimes and misdemeanours. A
      Reuters; REUTERS  -  362 words
    • Article
      UK cuts rates by 0.25 point, surprises market
      327 9  -  From, Neil Behrmann in London THE Bank of England surprised the market by cutting UK interest rates by a quarter of a percentage point to 6 per cent yesterday. The move was the fourth cut since October when interest rates were 7.25
      327 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      US-China ties heading for a crisis
      808 10  -  THE BOTTOMUIIB OPINION By Torn Plate The writer, a Los Angeles Times columnist, also teaches at the University of California, Los Angeles. E-mail: Tplate@ucla.edu WITH the New Year, a serious crisis may be brewing in China-US relations. The issue is the Clinton administration's policy
      808 words
    • Article
      IN OTHER WORDS
      97 10 'Rising share prices create the incentive for enterprises to invest in more employees and more fixed capital. The worth of workers has gone up.' Edmund Phelps of Columbia University, who argued that the rising stock market played a leading role in driving the current US expansion. 'Our
      97 words
    • Article
      Asia's own currency?
      668 10 EDITORIAL AT first glance, Hongkong's suggestion that Asia could have its own version of the euro seems far-fetched But the idea should not be dismissed out of hand As Hong Kong Monetary Authority chief Joseph Yam noted, it may take a long time to come to pass
      668 words
    • Article, Illustration
      Lock icon How Asian firms can rise again from the ashes
      1076 10  -  Sheer magnitude of rate ofchange making the fa tore completely unpredictable By\ Mike Loh Dr Mike Loh is with Deloitte Consulting. He is the author of "Re-Engineering at Work*', published by Gower of England (1995,1997). The views in this article are
      FILE PHOTO  -  1,076 words
    • Article, Illustration
      WHAT THE OTHERS SAY
      1012 10 Indonesians want free prees INDONESIAN President B J Habibie's claim that the press have abused their freedom cannot, and must not, go unchallenged. The fact that he used his budget speech on Tuesday to make such a scathing attack on the press shows that his intention
      1,012 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Cathay Organisation's chief gets option to buy 75% of IME
      490 11  -  DT MEW HANDS If deal succeeds, her Green&ll has to make general offer for remaining shares Reports by Rahita Elias [SINGAPORE] Cathay Organisation's head Choo Meileen and her husband are taking control of Sesdaq-listed IMM Multi-Enterprise (IME), just months after
      490 words
    • Article
      Buyer found for Inchcape Marketing?
      440 11 [SINGAPORE] Inchcape Marketing Services (IMS) yesterday suspended the trading of its shares on the stock exchange a move which analysts believe signalled that parent Inchcape pic had found a buyer for IMS. When contacted by BT, a company spokeswoman declined to comment on the reason
      440 words
    • Article
      Is Tokyo market the place to be, or not to be, this year?
      961 11  -  HOCK LOCK SIEW Anthony Rowley WHETHER 'tis folly to suffer the slings and arrows of corporate fortune, or to take heart against a sea of troubles and, by opposing, profit from them? With apologies to William Shakespeare,
      961 words
    • Article
      Unnamed investor agrees to fund Vikay's restructuring
      312 11 PROGRESS REPORT [SINGAPORE) Sesdaq-listed Vikay Industrial yesterday said it has reached in-princi-ple agreement with an unnamed "qualified" investor who has agreed to fund the group's restructuring as a going concern. It is now awaiting its bank creditors' consent to a revised proposal to
      312 words
    • Article
      Goldtron explains huge loss in reply to SES query
      257 11 [SINGAPORE] Goldtron lost a whopping $64 million in the six months to end-September last year by discontinuing its manufacturing and telecommunications research and development facilities. This was disclosed in a reply to the Stock Exchange of Singapore's queries on the electronics
      257 words
    • COMPANIES
      • Article, Illustration
        Lock icon Analysts see sustained rally for S'pore, regional stocks in Q1
        683 12  -  RALLYIMG POINTS 'Capricorn effect' could lift the Straits Times Index by another 10% by the end of March By Yen Sreenivasan [SINGAPORE) Regional equities, and Singapore stocks in particular, could see the li-quidity-driven rally continue through the first quarter of
        Source: Bloomberg  -  683 words
      • Article
        Nikkei see-saws while yen charges ahead
        484 12  -  TOKYO Govt bond prices leap after successful auction of new issues From, Anthony Rowley in Tokyo IN yet another round of surprises, Tokyo stock prices yesterday surged strongly, only to give up most of their gains later, while government bond prices leapt up after
        484 words
      • Article
        Philippine soars again as S&P upgrades rating
        233 12  -  MANILA From Al Labita in Manila PHILIPPINE stocks soared for the fourth day yesterday as more positive news filtered into the market, setting off another buying spree. The benchmark PSE Composite Index soared 2.6 per cent to close at 2,134.91 points following Standard
        233 words
      • Article, Illustration
        Lock icon Something to smile about
        51 12 [HONGKONG] A man yesterday walking on a bridge in Hongkong's business district in front ofa billboard with a child 'sface. Hongkong stocks opened sharply higher yesterday, propelled by an overnight rally on Wall Street. The blue chip Hang Seng Index gained 459.77p0ints to close at 10,693.57.
        REUTERS  -  51 words
      • Article
        Foreign funds boost Jakarta stocks
        458 12  -  JAKARTA A hefty 7.2% rise for index; analysts call it 'a crazy boll run' From Shoeb Kagda in .Jakarta FOREIGN fund managers gave beleaguered President B J Habibie an added bonus as they drove the benchmark Jakarta Stock Index to its highest level in months
        458 words
      • Article, Illustration
        Lock icon KT&T shares surge on talk of liner-shipping hive-off
        579 12  -  Sing Tel stock flat despite news of agreement to bny stake in Thai mobile phone company Hy. David Boey [SINGAPORE] After spending the closing weeks of 1998 languishing just above the $1 price level, the Keppel Telecommunications and Transportation stock yesterday surged
        Source: Bloomberg  -  579 words
      • Article
        HK outlines margin financing rules
        425 12  -  Proposals include capital requirements, enhanced disclosure From< Quak Hiang Whai in Hongkong THE Securities and Futures Commission (SFC) has outlined the long-awaited regulations for share margin financing, an unregulated business blamed for the collapse of several stockbrokers last year. Presenting to the legislature yesterday, the
        425 words
      • Article
        Lock icon F&N makes best 2-day gains in 2½ months
        176 12 Bloomberg [SINGAPORE] Fraser Neave Ltd shares surged 22 per cent in the past two days, as investors become optimistic about a recovery in its property business and its strong franchise brands, analysts said yesterday. The stock closed at $6.05 yesterday against its
        Bloomberg  -  176 words
      • COMPANY Briefs
        • Article
          Ingram Micro bays more ERL shares
          73 12 [SINGAPORE] US computer distributor Ingram Micro, which is making a general offer for Electronic Resources, has acquired 7.1 per cent more of the latter's outstanding shares and 1.4 per cent more of its warrants. This brings Ingram's shareholding to 45.4 per cent and its
          73 words
        • Article
          Lock icon DBS Land buys into 2 mortgage Arms
          70 12 AFX-Asia [SINGAPORE] DBS Land has taken an 8 per cent stake in All Rich Resources Ltd and a 7 per cent stake in Best United Enterprises Ltd through wholly-owned subsidiary, DBS Land China Holdings Pte Ltd. Both companies provide second home mortgage finance
          AFX-Asia  -  70 words
        • Article
          Hoar Glass forms unit in Switzerland
          75 12 {SINGAPORE] The Hour Glass has formed a wholly-owned subsidiary in Switzerland called MHH Manufacture de Haute Horlogerie SA (MHH). MHH is acquiring a factory in Le Sender, Vallee de Joux for 890,000 Swiss francs (Sfl.l million). The factory makes watches for Daniel Roth SA,
          75 words
        • Article
          Inchcape Motors' deputy chairman quits
          61 12 [SINGAPORE] Inchcape Motors yesterday announced thf t its non-executive deputy chairman, Alan Tan Tatt Huat, has resigned from its board of directors with effect from Dec 31,1998. Mr Tan has been associated with the Inchcape group for over 30 years and was the director in
          61 words
        • Article
          HPL not aware of why shares soared
          47 12 [SINGAPORE] In response to a query from the Stock Exchange of Singapore, Hotel Properties yesterday said it was not aware of any reason for the sharp increase in share price and the high trading volume of its shares on Wednesday.
          47 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        KL gaming operators to lower pay-out ratio soon?
        563 13  -  Govt seen approving proposal; meanwhile, there's talk of Magnnni np for sale From Eddie Toh in Kuala Lumpur MALAYSIA may soon allow gaming operators to pay out less to punters, a step that is expected to boost their bottom lines, but more
        563 words
      • Article, Illustration
        Lock icon Disney halves chairman's pay after weak showing last year
        518 13 Group plans to change the way it sets his bonns Reuters Bloomberg [LOS ANGELES] Walt Disney Co slashed the pay of chairman Michael Eisner nearly by half last year, to US$5.B million (559.7 million), after a weak 1998 that the entertainment
        Reuters; Bloomberg  -  518 words
      • Article
        Lock icon KL's IGB to open RM1.3b Megamall
        193 13 Reuters [KUALA LUMPUR] A subsidiary of IGB Corp Bhd plans to open one of Malaysia's largest shopping malls in September, a company official said yesterday. Mid Valley City Sdn Bhd's managing director M K Sen said more than 77 per cent of lettable retail
        Reuters  -  193 words
      • Article
        Lock icon MindSpring joins Net giants with US$24sm acquisition
        342 13 Netcom deal expected to be completed in Q1 NYT [NEW YORK] Mind Spring Enterprises joined the ranks of the giants of the Internet on Wednesday when it announced the planned purchase of the domestic consumer base of Netcom from ICG Communications. Mind Spring
        NYT  -  342 words
      • Article
        Lock icon Hicom enters satellite technology business
        106 13 Bridge News [KUALA LUMPURJ Hicom Holdings, through wholly owned subsidiary Hicom Communications, has entered into a pact with two companies to jointly develop a satellite and space communications business, official news agency Bernama said yesterday. Quoting a statement from Hicom, Bernama said Hicom Communications has
        Bridge News  -  106 words
      • Article, Illustration
        Lock icon HK Telecom to cut mobile phone rates by up to 70%
        467 13 Move made ahead of launch of number portability in March Bloomberg [HONGKONG] Hong Kong Telecommunications Ltd, which earlier this week cut rates on its fixed-line international services, will cut tariffs on its mobile phone services by as much as
        Bloomberg; REUTERS  -  467 words
      • Article
        Lock icon Thai Military Bank to up capital by 10b baht
        261 13 AFP [BANGKOK] Thai Military Bank pic said yesterday it was in talks with potential foreign investors and announced plans to increase its capital by 10 billion baht (*****.2 million) this year. Bank president Thaong Bidaya said in an interview with local
        AFP  -  261 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Financiers plan to put controls on derivatives
        534 14 Authorities welcome move; bat some analysts see it as fox guarding henhonse NYT [WASHINGTON] With the blessing of the federal government, some of the world's largest financial institutions reached an agreement on Wednesday to try to set their own industry-wide standards in the
        NYT  -  534 words
      • Article
        Lock icon Phillips Petroleum to axe 1,400, slash spending by a third
        341 14 Oil giant, hit by price slump, to take <H charge of USs339m Bloomberg [BARTLESVILLE, Oklahoma] Phillips Petroleum Co, the seventh-largest US oil company, said it will cut 1,400 jobs, or 8 per cent of its workforce, and slash 1999 spending
        Bloomberg  -  341 words
      • Article
        Vivendi raises 1.5b euros through convertible bonds
        386 14  -  French group's issue sold mainly to European investors Fromi Quak Hiang Whal in Hongkong A DAY after the trading of the euro, French utilities and engineering conglomerate Vivendi Group successfully launched the maiden euro convertible bond issue, raising 1.5 billion euros (552.9 billion)
        386 words
      • Article, Illustration
        Lock icon Japanese driving euro market
        437 14 Reuters [LONDON] Japanese investor enthusiasm for Europe's new common currency will provide a significant boost to euro-denominated assets, especially bonds, analysts said. The euro, just three days into its trading life, is already seen jostling with the dollar for supremacy at Japanese funds' asset allocation meetings,
        Reuters; FILE PHOTO  -  437 words
      • Article
        Futures push into new highs
        228 15  -  SOKSJLReports jggffg gjiiflapnutt TimUwp Bob Butcher, Jardine Fleming THE MSCI Singapore Index futures vaulted into new high territory following the US market's rally to an altitude so high nose bleeds are a risk. The fortunate traders who were buying the open in the January contract
        228 words
      • Article
        Futures up again on govt-linked buying
        183 15  -  MSCl Taiwan futures Cecilia Woo .THE Simex MSCI Taiwan Stock Index futures continued its upward movement yesterday. The Taiex rose 204.4 points following the overnight 233.78-point gain by the .Dow Jones. Government-linked buying was said to be the reason for the two-day upsurge. Electronic
        183 words
      • Article
        Lock icon Oil prices consolidate gains but analysts sceptical of recovery
        291 15 ENERGY REPORT Reuters [LONDON! Oil prices yesterday consolidated gains sparked by a recent fall in crude stocks in the United States. But industry analysts warn that it is too early to speak of a recovery and say fundamentals are likely to
        Reuters  -  291 words
      • Article
        Lock icon CURRENCY REPORT
        320 15 Reuters London THE dollar yesterday slumped below 110 yen for the first time in more than two years and was expected to fall further as declines in US stocks removed its only defence against fears of Japanese capital repatriation. A doubling in Japanese government bond yields in the
        Reuters  -  320 words
      • Article, Illustration
        Untitled
        1242 15 DfTEEBAWH CROSS RATES Jan7 AS C% fart) Car* Ffr Dm HKS Ind Isfcjg** Ten Won III K{M»i Pw S$ Band Sir WT$ Mrt Hmi US$ Australia 0.95? 6178 0.541 1546 1.057 4578 26.768 49.192 0.699 7.237 2.392 Lt66 31.987 24.137 1053 1617 0.876 ***** 22.919 0580 0.630 CMda 1.050 5
        1,242 words
      • Article
        Untitled
        1775 15 gCOMFOTOHBS Jan 7 RU8KR (Mm domg <t 5.30pm) KS1 CONTRACTU cMts/M) CJo* Voteat OpM Mont* U» Satt (to—M) ftaraat Fefc 99 109.75 H75 Mar 99 113.50 112.50 ***** 700 1275 £99 116.50 ***** H4.25 000 400 99 11S.00 118.00 116.75 200 400 Jw 99 119.50 119.50 118.25 300 425 JatfSap99
        1,775 words
    • Article, Illustration
      Lock icon HONGKONG
      1434 16 AFP QH&ngSeog +459.77 HONGKONG share prices closed up 4.5 per cent yesterday on continued anticipation of local interest rate cuts and following the record close on Wall Street, dealers said. "Wall Street's gains as well as expectation of local interest rate cuts were behind the rally," said Howard Gorges
      AFP  -  1,434 words
    • Article, Illustration
      Lock icon CHINA
      558 16 AFP Shenzhen B Index +OJS SHENZHEN'S Hongkong dollar-de-nominated B shares closed a touch firmer yesterday, gaining only slight support from sharp gains in Asian stock markets, analysts said. The B Share Index edged up 0.15 point, or 0.28 per cent, to 52.70 on turnover of HKS3.9 million, compared with
      AFP; Source: Credit Lyonnais Securities (Asia) Ltd  -  558 words
    • Article
      Lock icon TAIPEI
      398 16 AFP QWP Index +204.40 TAIWAN share prices ended up 3.3 per cent yesterday amid continuing government support and Wall Street's record close, dealers said. "Sentiment has improved a great deal after joint action by the government stock stabilisation team to shore up the index," said Clement Lou, assistant manager
      AFP  -  398 words
    • Article
      WORLD STOCK MARKETS
      2290 16 LONDON i-i —eiMttsinjis Jen 7 Nfltt 31 Croup ZHZ 605.000 ♦6.000 AB Ports 293.000 AOCey National 1299.000 -59.000 Allied Domecq 584.000 10.000 Allied Zurich 99.850 unch Amec 179.500 0.500 A sda Group 161.250 1.000 BATInd 534.000 ♦28.500 BG Pic 388.000 -2.000 BtCC 68.500 BOC Group 861.500 -2.500
      2,290 words
    • Article
      Lock icon TOKYO
      1615 16 AFP P Nikkei 225 JAPANESE share prices ended 0.5 per cent higher yesterday, backed by strong gains on Wall Street and a halt in the yen's recent rise against the dollar, brokers said. The key Nikkei 225 Index rose 68.10 points to close at 13,536.56. Turnover was modest, with
      AFP  -  1,615 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8582 17 INDUSTRIALS CoMWMf product! 1999 Last Vtf Day Net Cap High Low Company Sato 'OOO High Law P/E Jmll Afinomoto 280 15 4 113 5 82 5 76 Angkasa 80.5 unch 398 82.5 80.5 118.7 283 255 Apollo Food Hlg 279 4 2 279 279 9.7 111.6 197 178 Beriaya Land
        8,582 words
      • Article, Illustration
        Lock icon KL shares slip on profit-taking
        399 17 AFP Q Composite Index -0.50 MALAYSIAN share prices ended 0.1 per cent lower yesterday after profit-taking set in during the afternoon to reverse earlier gains. The KLSE Composite Index fell 0.59 to end at 585.89 points, off an earlier high of 599.70. The Second Board
        AFP  -  399 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Untitled
        2063 18 •OHM. LOAMS WAMANTS 1999 Last Vol Day Left Quote Avg High Low StIW 9mmm M* Hf- COOO) High Low <*• 20.5 3 3160 -Acer ******1USS 14 "0.5 230 15.5 14 14 15 95 4.5 3164 Acma *******4 21.5 unch 2473 24 21 21 21.5 18 3161 AIITech ******7 28.5 25.5
        2,063 words
      • Article
        Hai Sun Hup wrt: patience needed
        191 18  -  WARRANT WATCH -By R Sivanithy ONE warrant that has lagged the market's performance in the past three months is the one issued by shipping and hotel firm Hai Sun Hup. Since it has lots of time on its side and because it is still
        191 words
      • Article
        CLOB INTERNATIONAL
        234 18 HONGKONG STOCKS Or Or 1999 Last Vol Day Last Ouoto M Mi YM Ml M Cap High Low Stno Company Sato fOOO) Hkqh Low Buyer Sailor C'vr P/t Sm« 400 250 5123 COL (2000) HK 400 400 8 2.4 2 20.5 7744.7 5)24 Cathay Pac 20c HK 720
        234 words
      • Article, Illustration
        Lock icon JAKARTA
        639 18 AFP |[]j| Composite Index +30JJ6 INDONESIAN shares surged to close 7.2 per cent up yesterday on the back of foreign inflows and strong regional markets, dealers said. A dealer with a European brokerage attributed the rise mainly to foreign inflows, with local sentiment spurred by regional strength. 'This should
        AFP  -  639 words
      • Article, Illustration
        Lock icon BANGKOK
        769 18 AFP Q SET Index AM THAI share prices fell back 1.2 per cent in volatile trade yesterday as investors locked in profits and halted a threeday New Year bull run, dealers said. The SET Composite Index fell 4.84 points to 397.72 at the close, off a high of 418.07
        AFP  -  769 words
      • Article
        Lock icon MANILA
        304 18 AFP Q Manila ♦SSJt PHILIPPINE share prices soared 2.6 per cent to a sevenmonth high yesterday, bolstered by major gains on Wall Street and bright hopes for the local economy this year. The PSE Composite Index rose 55.16 points to close at 2,134.91. Turnover climbed to 1.2 billion shares
        AFP  -  304 words
      • Article
        Lock icon SEOUL
        423 18 AFP Composite Index +2523 SOUTH Korean Shares jumped 4.1 per cent yesterday following LG Group's agreement to hand over its semiconductor unit to Hyundai Group, dealers said. The Composite Index closed up 25.23 points at 637.59, off a high 0f638.41. Volume was 298.3 million shares worth 3.2 trillion won.
        AFP  -  423 words
      • Article
        Lock icon SYDNEY
        598 18 AFP P All Primaries *43J SHARE prices ended at a new high yesterday, surging 1.5 per cent after a record close on Wall Street. The All Ordinaries Index climbed 43.9 points to 2,897.3. Volume was 441.86 million shares worth A 51.44 billion, with 812 risers and 515 falls. The
        AFP  -  598 words
      • Article
        Lock icon WELLINGTON
        250 18 AFP |3 Wellington +38^» NEW Zealand share market was yesterday swept along by surging overseas markets and positive local sentiment to close up 1.8 per cent. The benchmark NZSE-40 Capital Index closed up 38.89 points at 2,170.66 after trading was extended for 10 minutes. Total turnover was a high
        AFP  -  250 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6742 19 Transaction date: Jan 7 Of Gr M Wt 1994 Last VaI Day Last Quota Mv Dtv YM Nat Cap Avq m> la» »tMa Can any Ma COOP) Wfli Law Buyr S—«r Cw W W Wm tHLTHMMSTRY 142 17.5 mt 1000 AcmaSOc 80 -2 2091
      6,742 words
    • Article
      SESDAQ
      1229 19 Cr Or M Wt 1999 Last V* Day Last Ouot* Dk Mi TN Ml Ca» Av« HH<I Law ttMa Clip my tata COOOt W Law 8nyar UHm Cw Pit Mw MANUFACTURE 243 30 a 2049 AS Auto 10c 107 *2 4140 114 106 105 107 15 N 7 14
      1,229 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        350 20 Sttdu Volume S«n6Corpl 25c 20,119.000 E ResrceslOc 16.788,000 DBS Land 16,022,000 ST Capital 25c M,411,000 CImmd SoooHwt 13,769,000 Keppei Land 50c 12,998,000 Van der Horst 11,971,000 Keppei LandWOO 11,922,000 Flexted) Wt02 11,898,000 HKLandUSIOc 11.609.000 Stacks OCBC Foreign 52,077,047 City De* 50c 48,911.987 DBS Land -M.10.961 OflS Foreign 44.500.110 SemfeCorpI 25c
        350 words
      • Article, Illustration
        STI roars past 1,500 level in liquidity rush
        635 20  -  STOCK MARKET COMMENTARY Low interbank rates, record Dow high cited; market fails to sustain momentum in late trading By R Sivanithy WITH interbank rates hovering at three-year lows and Wall Street hitting an all-time high, the resulting liquidity rush yesterday sent the
        635 words
      • ON THE GRAPEVINE
        • Article
          Eager to be on Eagle trip
          76 20 WORD has it that the latest mainboard aspirant, Eagle Brand, has invited 10 analysts on a two-day trip to Guangzhou to tour its operations. Apparently, market interest in this China-based ceramic tile and bathroom fixtures maker is so strong that another 10 analysts have
          76 words
        • Article
          Euro stories
          103 20 VAST sums have been spent—and are still being spent—by the 11 European countries to promote the new single currency, the euro. Among the promotional tools are 24.5 million copies of a French brochure entitled The Euro and Us. There are also a series of comic books, including one
          103 words
        • Article
          Can US market sustain this?
          82 20 HOW long can the American market rise? The S&P 500 is now trading at a historical (trailing, in American terms) price earnings ratio of 31, by far the highest ever. Taking into consideration the expected fall in profits of many of the component stocks, it
          82 words
        • Article
          Poor record of hedge funds
          90 20 HEDGE funds as a whole have performed ratherly poorly, according to David Dreman, a columnist with the Forbes Global magazine. Mr Dreman based his conclusion on figures from Van Hedge Fund Advisors, a company based in Nashville, Tennessee, which has built a performance index using
          90 words
        • Article
          A new year-aid paradigm
          115 20 EDWARD Yardeni, chief economist of Deutsche Bank Securities and famous as the man who coined the phrase "new paradigm" which states that the US stock market, running on a new paradigm of low to zero inflation and high earnings growth, could continue to rise indefinitely is
          115 words
      • Article, Illustration
        HOT STOCK
        58 20  -  By Wong Wei Kong SembCorp Industries closed up $0.02 at $2.08 on a volume of 20.1 million shares, compared with its 10-day traded average of 3.70 million shares. The daily and weekly RSI indicators as well as Stochastics suggest that nearterm upside is relatively limited. This is supported
        58 words
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      96 words
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      526 14 I IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF GILLETTE ASIA PA'CIFIC PTE. LTD. (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 331 North Bridge Road #12-01, Odeon
      526 words
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      Page 14 Advertisements Column 2
      493 14 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF APPC INTERNATIONAL PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held on 6 January 1999 at 156 Cecil Street #07-05 Far
      493 words
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      Page 14 Advertisements Column 3
      503 14 THE COMPANIES ACT CHAPTER 5iT SECTION 290(2)<b) WOnCl OF RESOLUTION TAIYO BIRDAIR ASIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Taiyo Birdair Asia Pie Ltd held at 3-22-1, Htgashiyama, Meguro. Tokyo 153-0043, Japan on the 31st December 1996, the following special resolutions were duty passed
      503 words
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      572 14 (f IN THK MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF EAST TARGET INTERNATIONAL PTE LTD (Incorporated in the Republic of Singapore) At an hxtraordinary General Meeting of the member, of the above-named company duly convened and held on 4 January 1999 at 156 Cecil Street
      572 words
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      Page 14 Advertisements Column 5
      347 14 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF NICO TRANSMISSION (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of NtCO TRANSMISSION (SINGAPORE) PTE LTD. duly convened and held at 20 Toft Guan Road. #06-01 Accord Distn Centre.
      347 words
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      Page 14 Advertisements Column 6
      479 14 l NOTICE IS HEREBY GIVEN THAT -the sth Annual General Meeting of the Company will be held at The Percival Room (2nd Level) of Fort Canning Country Club at 11 Canning Walk Singapore *****1 on Thursday 28 January 1999 at 1000 hours for the following purposes: A? Ordinary Pu»inw 1.
      479 words
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      31 16 Inslruments Watches leather Jewellery Eyewear Meisurstiick Moniblant Boutiques: Ngee Ann City 001 32. Raffles City #(>I37A. P,irag»n #01-18 Corner Watch Filiate Service Centre: Paragon Ml Ih Dual Time 18 ct. Gold
      31 words
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      79 19 •Jr Hello? I m calling about\ you u\. 11 I round my pet through your advertisement in I great...just like f 0 JL. r>i -r- j 1 l ii li Ihe btraits I lmes Classified. J -li i i M j .i V 1 m going to take real good
      79 words
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      1095 20 TO ADVERTISE CALL TOLL-FREE 1800-741 1883 M THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER Of REEL-TECH SINGAPORE PTE LTD (IN MEMBER'S VOLUNTARY UQUtOATION) NOTICE OF RESOLUTIONS [Pursuant to Section 29Q(2Xb)] At an Extraordnary General Meeting of the Company heW at 51 GoldMl Plaza. *18-05 GoMhi
      1,095 words
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      Page 20 Advertisements Column 2
      600 20 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 TK VALVE SINGAPORE PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company convened and held at 27 Comely Bank Avenue, Edinburgh EH4 IEW. Scotland on 4 January 1999, the following resolutions were duly passed 1. Special Resolution
      600 words
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      Page 20 Advertisements Column 3
      210 20 NOTICE OF FINAL MEETING M THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF FORMfTALIA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE 6 HEREBY GIVEN MtwFM General Martini of m—b— of tw abovenamed Company wl ba held at 47, Mi Street *05-01. CNnaaa Chanter of Commute
      210 words
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      Page 20 Advertisements Column 4
      682 20 IN THE MATTER OK THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF BONARICH INTERNATIONAL PROPERTIES SINGAPORE (STC 2107) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract of the Minutes of the Extraordinary General Meeting signed by the Representative of Bonarich International (Holdings) Limited relating to proceedings of Bona rich
      682 words
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      Page 20 Advertisements Column 5
      545 20 CABLE WATER SKIING (ASIA) PTE LTD I Incorporated in Singapore) Noocc is hereby given thai a Meeting of the Creditor* of the Company will be held at 149 Rochor Road. #05-07 Fu Lu Shou Complex. Singapore *****5 on Wednesday. 20 January 1999 at 1100 a m I The Company has
      545 words
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      Page 20 Advertisements Column 6
      309 20 IN THE MATTER OF THE COMPANIES ACT CAP 50 AND IN THE MATTER Of QBASE SYSTEMS PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS VOLUNTARY WINDING-UP (Pursuant to Sector 290) At an Extraordinary General Meeting of the members of 9* abovenamed Company, duty convened a*J held at 141 Market Street
      309 words
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      Page 20 Advertisements Column 7
      59 20 "My friends were all ears when I told them about Fandi Ahmad's class of' 74 reunion, Ang Peng Siong's swim camp and badminton lessons given by 1989 World Grand Prix Champion Zhang Qingwu." Abdul Rahim, an avid sports fan fifr I CAT AI Lost tjour 4 Try finding it at
      59 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Buzzwords for 1999
      2402 21  -  COVER STORY It's the last year before the millennium, so Uve it up a little, taksptbk finds out what to go for in this final year of the 20th century TAX SU TEN JUST THINK, we have one more year to live in this century. Twelve months
      2,402 words
    • ENTERTAINMENT
      • STRAWS In The Wind
        • Article
          A different man Down Under
          59 22 AUSTRALIA'S one-time pledge to plug into a booming Asia has certainly left no lasting impression, going by this example. The Australian Financial Review, in a recent story about hotel and property businessman Ong Beng Seng, ran this headline: "Ong Beng sells out of Gold Coast
          59 words
        • Article
          Want a Hollywood smile? Oh dear
          76 22 HOLLYWOOD standards of dental perfection have seeped into Japanese culture. Where once crooked front teeth were regarded as charming in children and young women, now nothing works better than a row of gleaming straight teeth, reports a Japanese magazine. So dentists are having a
          76 words
        • Article
          Selling to the wrong market
          33 22 TALK about bad advertising. Someone noticed a hawker stall proclaiming itself as "Bagus Pig Organ Soup". Now, how many non-pork eating Malay Muslims is that going to attract?
          33 words
        • Article
          The long and short of it
          93 22 SINGAPOREANS have a succint way with words that rivals the rest of the English-speaking world, at least going by these examples gleaned from the Internet: Others: I'm sorry, we don't seem to have the sweater you want in your size, but if you'd give
          93 words
      • Article, Illustration
        Learning to live in hope
        585 22  -  U CINEMA Never say die. When her husband leaves her for a younger woman, Holly Hunter's character is jolted out of passive mode and forced to remake her life in Living Out Loud Hy\ Susan Tsang LIVING Out Loud is a more muted effort than
        585 words
      • Article, Illustration
        Who, what, when and why?
        508 22  -  CINEMA Ronin leaves too many basic questions unanswered By\ Susan Tsang RONIN is an action thriller packed with hard hitters and its cast includes international stars who have had an impact on Hollywood. There are Brits Jonathan Pryce, Sean Bean and Natascha McElhone, French biggie
        508 words
      • Article, Illustration
        The education of a monarch
        680 22  -  CINEMA Shekhar Kapur's portrait of Elizabeth is nothing short of majestic Shahiron Sahari THE YEAR is 1554 and England is in the throes of religious turmoil. Ruling the country is the Catholic Queen Mary, whose reign is an uneasy one. The English army has been
        680 words
      • Article, Illustration
        Lock icon Robin Williams' little black bag of laughs
        518 22  -  CELEBRITY Humour can have very real health benefits, says the award-winning actor By Frank Rizzo LAT-WP [NEW YORK] Robin Williams reaches out and touches his interviewer gently on the hand. "Just this can be very reassuring," he says, gently caressing the palm. Williams
        LAT-WP  -  518 words
    • LEISURE
      • Article, Illustration
        Passport to a world of privileges
        1143 24  -  Mingle with Formula One drivers, get tickets to sold-out performances, and gain automatic membership to the most prestigious of private clubs. It's all made possible with one little card, rabttaeuas checks out what's on offer when a person goes Platinum RAHITA ELIAS A FRENCHMAN
        1,143 words
      • Article, Illustration
        Lifestyle strategy shaking up UK book scene
        1246 24  -  MARKETING Borders UK is forcing chains like W H Smith and Dillons to rethink the way they reach out to customers By. Neil Behrmann in London A REVOLUTION is taking place in the once staid £2 billion UK book industry and the movement
        1,246 words
      • Article, Illustration
        WHAT'S ON
        476 26  -  Compiled by M Yasotha MUSIC Singapore Symphony Orchestra: Great Classics Series The SSO opens its 20th anniversary season with Sibelius' Violin Concerto, with Lynnette Seah, who has been with the orchestra since its inauguration in 1979, as the soloist. Shui Lan continues at the helm with Brahms' First
        476 words
      • Article, Illustration
        Lock icon Architecture's human face
        889 26  -  Norman Foster's buildings appear to treat their surroundings with disregard. But the clean slickness of his work belies his desire to accommodate the quirkiness of human behaviour while trying to make it more orderly, says Victoria Griffiths VICTORIA GRIFFTTHS FT AS BEAUTIFUL as his steel-and-glass creations are,
        FT  -  889 words
    • Article, Illustration
      CINEMA
      776 27 Bride Of Chncky. Ronny Yu (The Bride With White Hair) directs this Child's Play sequel. The killer doll gets a girlfriend his size. Together, they look for soul-transplant possibilities. Lido, Republic, Choa Chu Kang, Hougang, Jurong, Century, Woodlands, West Mall, Yishun, Bishan, Tampines, Plaza. A Bag's Life. Disney's animated
      776 words
    • Article
      ENQUIRIES AND BOOKINGS
      114 27 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Pidurehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Villaga 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines8 TiongBahru Yishun Ovarsaas Movia Clement i/Co'wealth 777-0669 Golden/New Town
      114 words
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      294 22 CRYPTIC CROSSWORD 1 Points which make for a dilemma 4 So heavenly a herb a trifle i"Q~~ sweet, maybe (8) 10 Sanction leaves us in a spot (7) flfl IH~ H UK HI 11 Sebastian's sister open to end- Hi HH. less abuse (7) 12 12 Mine's full of holes
      294 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      137 25 Mkjtrs-*' .^m -:/j v V 5-? '.-»/-jfe- tgfc .-t <'' '< >?^V'-i v- ?t >, 'i,li^f.- MM4A t, &&J i ML- «=*«> rfiiilTliißMrW t^''^bj v ji*2i^'i > ~t > *V. ..>1 .-.■<•■ --';./^~i^S'' r >skyjsiw-~'&&^mHlH ,-j ;w .V- -f iSSjJUjMi:' <^'-.:.;?i> ~i *V-:»K.ji :>* Jt SjW- ii#*"'"v •~%Bi^- V iiSS'
      137 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      118 26 Where to wine, dine and entertain... Every Saturday and Sunday pamper yourself from as early as 12.00pm to our sumptuous High Tea Buffet of popular Asian and Western sweets and savouries at Ca/e Victoria. CALL: 330 3585 OR 330 3590 FOR RESERVATIONS (>«0ON I SNGWODE 76 Bras Basah Road, Singapore
      118 words
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      Page 26 Advertisements Column 2
      215 26 For the months of January and February, our chefs have prepared a whole of Spanish Food to satisfy the hungry tastebuds of all Spanish Fooa Lovers, And at unbelievably reasonable price, too! So call us up for reservation n0w.... before they are gone... GAZPACHO ANDALUZ Cold Spanish tomato cucumber soup
      215 words
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      Page 26 Advertisements Column 3
      49 26 r"~ 1 SWKDAY BRUNCH I >52 00— PtR ADULT WITH FREE-FLOW OF CHARLES HEIPSIECkT CHAMPAGNEr RED WHIH WINE, draught tiger peer and FRESH FRUIT JUICES >28.50— PER CHILD WITH FREE-FLOW OF SOFT DRINkfS PAOLO^PINGS PASSIONATELY ITALIAN TASTCFOUV CHINESE ROYAL CROWNE PIAZA SINGAPORE 25 SCOTTS ROAD. SINGAPORE *****0 731-7^35 m
      49 words
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      Page 26 Advertisements Column 4
      117 26 Perk up your weekends and bring the family for a spread of freshly baked scones, cakes and other familiar pastries. \our little ones will be delighted with our resident magician's bag of tricks. Available every Saturday, Sunday and Public Holidays from 3 pm till 5 pm. $15 (Adult) $10 (Child)
      117 words
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      Page 26 Advertisements Column 5
      118 26 VtfGH Tea Every Saturday, IOD noon to 5.00pm Of me Adult: $20 CO Child: $1 2+ Revolving Reservations: *****88/58 l isr Mandarin yj Singapore 333 Orchard Road, Singapore *****7. Tel: *****11 Fax: *****61 http://www.mandarin-hoteUom.sg e-mail. mandarin.tmsGmeritus-hotels.com H vjow W*a's New 100 Dishes 6ourv\g+ Wo*v>gr Prepare yourself for an incredible r»ew
      118 words
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      2069 27 TODAY'S TV IVn—i nrn 19 I 4.30 MTV Boom!. RECOMMENDED VIEWING ramiero gfjßj, |(i S bjo JoKilat. 2.30 PMTV Innovations. Wgmfg*, v 4 6.00 Klab Klip. C on H in the Beatles is 4-00 o. ldZ BlltZ Sesame (LmMMLuJB 30 Chinna Chinna Aasai. OtJlltl ill imonmQtiimii; hrnnoht tn Street. 7.00
      2,069 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      136 28 For a merger that will take you into the future J]l \\i t ti fl\ K. ilfc'.. v MfetMm.-: ■jSf;--' -fe 4 v V.' >' f-± MfW-- vyV v Call Keppel 222-8-222 v jjj\ ,^v;^:' v •>;*>. V *v- v •> apf^a:'.' V'", r A L Announcing the merging of
      136 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      474 31 Now's your chance to invest in Singapore's No. I bond fund. If you're looking for an investment with a consistent performance, consider the Citi Global Bond Fund. With 33%' returns from August 31, 1995 to August 31, 1998, the Fund beat its nearest rival by a full 10.31% to be
      474 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1083 32 ADVERTISEMENT R T V F. K N E W S The story heavy gunny were the River the story sacks towkays came JIB 1 under former Prime Minister Lee fl Since the earliest days, oppressive Kuan Yew declared: "In ten V |W| the waterway has welcomed Later, as the country
      1,083 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      192 33 U#7r I n c e to n ale *'&jjSsSpsp^* ,i> k- r. t >y»*>s 4 .1 1 u w j»B :^H ppfej fctt^ •32 terrace houses, .on™*,™ located land: 1615 3654 sq ft, waff J> -Am near top sc hools, food built-up: 2820 3681 sq ft; AN outlets and recreational
      192 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      92 35 7 <;' i J Start the new year by getting your Finances right. And there's no better way than with Hong Leong Finance Singapore Finance. That's because we're a one-stop financial 9 WAYS TO GET YOUR FINANCES RIGHT. centre for all your personal and business needs. So call us today
      92 words
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  • EXECUTIVE money
    • Article, Illustration
      Lock icon CPF interest could drop to 2.5%
      723 36  -  The interest rate may fall to its floor level this July, but it'll still be the best investment option for most CPF investors, says alvdttay ALVIN TAY COME July 1, the interest rate paid on your savings with the Central Provident Fund (CPF) could
      PHOTOS: ARTHUR LEE FILE  -  723 words
    • PERSONAL INVESTMENT
      • BULL'S EYE
        • Article, Illustration
          BT Sentiment Index
          663 29 Those polled for their views on the Singapore stock market outlook for next week were: Daiwa, Deutsche-Morgan Grenfell, Fraser, GK Goh, ING Barings, Kay Hian, Kim Eng, Merrill Lynch. Overseas Union Bank Foreign ♦(Boy) Keppel Securities, Jan 6, $7.15 OUB is the smallest of the Big Four
          663 words
        • Article, Illustration
          In My Opinion
          429 29  -  Wilson Chia Head consumer hanking Standard Chartered Bank. Ullf uch has been writVI ten anc s P°k en IT± about how the euro affects big business and international trade. But will it affect us, in our lives in Singapore? It will. The euro affects all of us,
          429 words
      • Article, Illustration
        No clear favourites, but 1999 will be a good race
        1254 29  -  Four investment specialists told smv tambja they're optimistic on the broader market, but their strategies differed, from playing it safe with blue chips, to spotting hidden gems SHIV TANEJA INVESTMENT analysts and money managers can't seem to agree on whether
        1,254 words
      • Article, Illustration
        Lock icon Circuits Plus gets sceptical reactions
        635 29  -  IPO WATCH By. Annette Pan LOCAL printed circuit board maker Circuits Plus (CP) is so obviously a punter's stock that it is a foregone conclusion that the counter will be fodder for speculators when it makes its trading debut, say market analysts, who are mostly
        FILE PHOTO  -  635 words
      • Article, Illustration
        Lock icon Fund profile
        332 29 Compiled by BT "lb achieve medium to long-term capital growth prmwify through investment in equities and securties fisted or traded on the slock exchanges in Europe. investment nyvo Emphasis on securities selection using a bottom-up approach. Regular company visits are made and toe fundamental *rvestment approach is supplemented
        Compiled by BT; Source:  -  332 words
      • Article, Illustration
        Lock icon It's not all gloomy for unit trusts
        2764 30  -  shiv tameja looks at the factors that are likely to draw investors to put their money in such funds SHIV TANEJA UNIT trust sales in the first quarter of this year are expected to be paltry, but the good news is that there
        MIEL/ST; FILE PHOTO  -  2,764 words
      • Article, Illustration
        Lock icon Tailoring portfolios to suit individuals
        398 30  -  The concept of one size fits all has no place in financial planning By. Anthony Lee SMART investors are informed investors, and more than ever before, Singaporeans want to be informed investors. They want information on the financial service providers as well as on the
        FILE PHOTO  -  398 words
      • Article
        Understanding the life cycles of investors
        321 30 THE professionals generally advise against putting all of one's eggs into one basket. They also call for a balanced perspective, that is, an understanding of one's life stages, investment horizons and to review one's present net worth and future desires, including one's investment personality
        321 words
    • FOREIGN CURRENCIES
      • Article
        All you need to know about the euro
        741 31  -  larry wee answers some questions on the latest unit to hit the world LARRY WEE What Lb the euro? The euro is the common currency adopted by 11 of the 15 member states of the European Monetary Union with effect from Jan
        741 words
      • Article
        Keeping tabs on investments, forex rates
        662 31 What happens to my current investments in German marks? Time deposits: If you have bought German marks and placed it in a bank as a simple time deposit, you can choose to keep this in place under the "no compulsion, no prohibition rule" at
        662 words
      • Article
        Euro deposit rates likely to converge
        635 31  -  Investors should also pay attention to the nnit's outlook By' Wong Wei Kong WHEN major banks in Singapore started offering euro deposits this week after the launch of the euro on Jan 1, two things were immediately apparent. First, there was a wide divergence
        635 words
    • RESIDENTIAL PROPERTY
      • Article
        House Hunt
        428 33 Property transactions for district 10 lodged between Nov 22,1998 and Jan 2, 1999. <«WJKTNAME/ PROP CONTRACT TENURE BUILT-IN/ PRICE PSf STREET NAME TYPE DATE LAND AREA" (SOFT) (SS000) (S$) 'District 10 Non-landed Allsworth Park Apt 13/11/98 999 1958 900 459 ArdmorePark Apt 17/11/98 FH 2884 3714 1287 Astrid
        428 words
      • Article
        Kingsville prices cut by 30-50%
        453 33  -  Besides condos, sales also picking up for 99-yr landed homes By. Ang Wan May THE last few Kingsville units have been sold at prices some 30-50 per cent below those bought two years ago. The prime 99-year semidetached houses in the exclusive King's Road area,
        453 words
      • Article
        LOAN PRICES
        290 33 BANK&f INANCE COMPANIES YEAR 1 YEAR 2 YEAfl 3 YEAfl 4 YEARS YEAR 6-10 YEAR 11-35 Citibank 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 6.0000 DBS 5.2500 5.2500 5 2500 6.0000 6 0000 6.0000 6.0000 Hong Leong Finance (max of 30 yrs) -1 to 5 yrs loan duration 7.5000
        290 words
      • Article, Illustration
        Lock icon Living it up down by the river
        1250 33  -  A look at the various property projects along the Singapore River, and their unique attractions, uliam amg reports LILIAN ANG Property buyers seeking to own a home by the river have currently two key options Tanjong Rhu and the stretch of the Singapore
        ARTHUR LEE  -  1,250 words
    • PERSONAL FINANCE
      • Article, Illustration
        Lock icon Few seek mortgage restructuring
        2024 34  -  Ranks tell tam that the falling prime rate has helped ease the pain of CPF cuts on homeowners CLARISSA TAN YOU might expect banks to be besieged by customers wanting to restructure their home loans, as the cut in employers' Central Provident Fund (CPF) contributions took
        FILE PHOTO  -  2,024 words
      • Article, Illustration
        Bancassurance growing in Singapore
        789 34  -  More hanks selling insurance, in line with global trend Soh Tiang Keng BANCASSURANCE the selling of insurance products by banks is gaining momentum in Singapore. Some bankers and insurance managers say this is in line with the worldwide trend for insurance products to be marketed to
        789 words
      • Article, Illustration
        Don't leave home without paying your card bill
        648 35  -  Remember that Interest charges on rollover credit card balances add up to an exorbitant 24% a year THE FDVER POINT By Alvin Tay CREDIT card issuers never had it so good. They are making money loads of it out of financing card
        648 words
      • Article, Illustration
        Lock icon Enter the personal financial planner
        969 35  -  The birth of such services in S'pore sign of market sophistication By, B J Ooi The writer is a director of personal financial planning with KPMG, Singapore. He is the treasurer of the Financial Planning Association of Singapore, a member of the American Institute of
        FILE PHOTO  -  969 words
  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      240 36 Personal Investment Top picks for 1999 EM 9 kffltißM£JS&sms3g« ?ssaft«WMHWl!!Mte»aa ~.r.-** .1 fe ;of »»a^- -,^,•->: T. i Asian Personal Banking is a new offshore banking service from American Express, offering you security and Our commitment to superior service is reinforced with high returns on your money. You will enjoy
      240 words
    • Advertisement
      Page 36 Advertisements Column 2
      5 36 H Riverside living EM 13
      5 words
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  • SHIPPING TIMES
    • Article
      Lock icon FREIGHT MARKET
      314 37 Bridge News Reuters THE market continues to look strong in the Atlantic for the short term due to a lack of spot tonnage, but details of freshly concluded business were slow to surface. TANKER& Brokers said it has been a "busy day" on the tanker market with a
      Bridge News; Reuters  -  314 words
    • Article
      MARITIME STOCKS
      265 37 ■m mmmmmm Jml *h CWT attribution -0 575 *003 625 Chuan Hup 0.565 -0.02 291 Cosco mv*stm*nt 0.52 *0.005 32 FratgM LMu 0.185 -0.005 5901 GBHoMtaft 0.415 -OOTS 74 HaiSuiHup 0.45 -0.015 499 HKacMZatan 0.79 IMCHoMn* HK $M) Jaya Holding* 0.535 -0.005 m Juronq SNpyard—7.10 unci) 33 K*pp3carp
      265 words
    • Article, Illustration
      Lock icon Sale of APL's stacktrain network draws 4 bidders
      545 37  -  Outcome closely watched ahead of US deregulation of ocean shipping from Mayl By\ Felix Chan [SINGAPORE] At least four bidders have emerged over the sale of APL's stacktrain network, which could trigger far-reaching changes in US intermodal shipping patterns, and a final
      FILE PHOTO  -  545 words
    • Article
      Ship damaged by fire found to have many safety deficiencies
      690 37  -  ADMIRALTY CASEBOOK f*y\ Selva Kumar THE 1981 amendments to the Solas Convention, which required the fitting of smoke detectors in accommodation alley ways and stairwells, came about four months too late for a Taiwanese bulk carrier, which was damaged by
      690 words
    • Article
      Lock icon HK tanker and crew seized by armed Chinese
      458 37 Men claiming to be Chinese customs officers force ship into Chinese waters Reuters [HONGKONG] A Hongkong tanker and its crew were seized by armed men claiming to be Chinese customs officials and are being held in a southern Chinese port, the ship's
      Reuters  -  458 words
    • Article
      China moves to tighten rules on filing of rates
      147 37 [SINGAPORE] The Chinese government may tighten up filing requirements from shipping companies as part of a broader push to strengthen its supervisory powers over foreign trade transactions. The Ministry of Water Transport has published a set of proposals which would replace
      147 words
    • Article, Illustration
      Lock icon Cruise lines leave oil trail
      1181 38 SEA POLLUTION US finds conspiracy to save millions by dumping oily waste into the ocean but gaps in sea laws shield culprits -NYT SHORTLY after 10 am on Oct 25,1994, radar and infrared sensors aboard a Coast Guard jet over the Atlantic off Puerto Rico
      -NYT; FILE PHOTO  -  1,181 words
    • Article
      SHIPPING SCHEDULES INDEX
      359 38 PAGE FoonqSun 8 AWL 3 Froti '2 Accord 8 Frt links 14 Ahrenkiel 12 6 L Appenship 5 Gemartrans 8 Austral 8 Genshgp 12 Aunt 14 Glory Nav M B'tang Mas 8 HaiSunHup 8 BSA 7 Hangli 7 BTL 14 Hanjin 3 Balaji Shpq 4 Heong-A 4
      359 words
    • Article
      Shipping Guide
      17579 45 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser V* ssei Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number t ADin rv To BUENOS AIRES (BUE) 2060 Argentina TO ABIDJAN (ABJ) 2003 COtC D IVOlre B/0 M /02 Kien Hung
      17,579 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        772 51 Vessel Voy No Berth Arrival Departure A qua lucky OVW Jene 1 jiongside 07.01/1800 Baymaid <868 BM9001 J02 alongside 07 01/1600 K Arunq Sam *****9 J01 J tongs** 07 01/1500 Bt HMDI Jay *****9 JOl alongside 08.01/0100 Bt Hefty JAN7 J01 tkxxpt* 07.01/2359 Bt R8 4288 0199 JOl
        772 words
      • Article
        CONTAINER SCHEDULES
        1796 51 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/Bolonco Rstls Ship Voy No Etb/Btr Ported From To From At. IMM 004A wnoo U 07/1500 07/165* 07/1*00 07/1900 07/1*5* 07/1*00 2A 07/1700 06/065* 00/0*00 a or/mo o6/o*s* ot/otoo 3 00/0700 06/115* OO/MOO 4 00/1200 04/M5* 00/1700 Al Far<M« C01SO
        1,796 words
      • Article
        GLOBAL HOLIDAYS
        223 51 Jan 15 Japan: Adults Day. Jan 18 Brunei: Anniversary of Revelations of Koran. United States: MArtin Luther King Jnr Day. Jan 19 Brunei: Hari Raya Puasa. Indonesia: Hari Raya Puasa. Malaysia: Hari Raya Puasa. Singapore: Hari Raya Puasa. Jan 20 Brunei: Hari Raya Puasa. Indonesia: Hari Raya Puasa.
        223 words
      • Article
        COCKETT BUNKER MARKET REPORT
        856 51 THIS report compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on averagesized stem. Market movements are indlcat ed. The Cockett Bunker Price Index change and the
        856 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        492 51 Carton ISO Mm 991.0 3.9 15.4 0.15 78 0.0T Ok 31 Dtwlty Nattr RttMu* Art AtoaMM S*hM«t *ov« £25 0 1 3 .J -rz 380 Ave 988.6 OJ 14.4 0.07 27 0.02 UM. 380 MM 994.2 15 19.6 0.12 47 0.06 IMW M/M m/m wo tax*
        492 words
    • AIR&LAND TRANSPORT MEWS
      • Article
        Lock icon Qantas jumbo forced to fly without passengers
        303 52 Industrial dispute meant passengers could not board flight from Sydney to Los Angeles last month AFP [SYDNEY! A Qantas jumbo jet flew without any passengers from Sydney to Los Angeles because of a long-run-ning dispute over staffing levels, the flight attendants union said
        AFP  -  303 words
      • Article, Illustration
        Lock icon Riode Janeiro airport to be named after composer
        192 52 AFP [BRASILIA] The airport at Rio de Janeiro will soon carry the name of bossa nova star Antonio Carlos Joblm, the composer of "The Girl from Ipanema". In a small ceremony, Brazilian President Fernando Henrique Cardoso issued a decree adding the name
        AFP  -  192 words
      • Article, Illustration
        Lock icon Jettison hot in-flight meals: food critic
        274 52 AFP [LONDON] A gastronomer and food critic has suggested that hot food served up on airlines should be banned altogether as it was so tasteless and unimaginative. Egon Ronay, who in 1957 founded the food guides which bear his name, and his five-strong team
        AFP; FILE PHOTO  -  274 words
      • Article
        Lock icon United Airlines to expand services at Dulles airport
        342 52 Bloomberg [CHICAGO] UAL Corp's United Airlines said it will increase its flights out of Dulles International Airport outside Washington DC by 60 per cent as part of its plan to bolster operations on the East Coast. The world's largest airline plans to
        Bloomberg  -  342 words
      • Article, Illustration
        Lock icon Ford adds computer sensors to safety belts, air bags
        282 52 US MOTOR SHOW Bloomberg [DETROIT] Ford Motor Co, the world's No 2 automaker, said it will begin installing computer sensors this year that are designed to make safety belts and air bags better protect drivers.and passengers. The safety belts will feature
        Bloomberg; REUTERS  -  282 words
      • Article
        Lock icon Delta suspends Portland to Seoul service
        127 52 Bloomberg [ATLANTA] Delta Air Lines Inc. the third-largest US airline, said it suspended service between Portland, Oregon and Seoul, because a weak Asian economy hurt demand. The Atlanta-based airline said it sought alternatives to cancelling the flight, but severe economic conditions in Korea and
        Bloomberg  -  127 words
      • Article
        Lock icon India implements new air traffic control system
        456 52 New Delhi airport resumes fall operations as rains wash off days of fog AFP Reuters [NEW DELHI] India's civil aviation authorities have quietly put a modern air traffic control system in Delhi into operation, but controversy over its reliability was rumbling on. The
        AFP; Reuters  -  456 words
      • Article, Illustration
        Lock icon HE airport lays off project staff
        96 52 [HONGKONG] A worker carries out repairs at the new Chek Lap Kok airport in Hongkong. Hongkong's Airport Authority said on Wednesday it sent dismissal notices to more than 460 project staff in December 1998 as part of the winding down of construction activity at
        REUTERS  -  96 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1805 52 CITY FU6HT ETA FU6HT CTP S***** 1650 IM787 Z3M Adotaitfo AN8230 1920 ****** 2359 TSSm mo so23o i92o j i rmm son* ire aw ooo kmtmtm NI4327 MO0 HJ44 0105 6oaa«rto«PtC S0803 1915 C2354 09t0 SO327 0800 N***** 2320 S0004 W5 6A973 1005 S0328 2320 Haaol
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      29 37 Pollution at sea: Cruise lines leave oil trail US finds conspiracy to save millions by dumping waste into the ocean but gaps in sea laws shield culprits. Page 2
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      214 37 Qantas jumbo forced to fly without passengers Industrial dispute meant passengers could not board flight from Sydney to LA last month. Baok Page Attract loads of new business AIR CARGO Special Feature Shipping Times Thursday, 21 January 1999 (Booking deadline: 14 January) To highlight the latest developments and the future
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      1182 38 I NORTH AMERICA I 1 EXPORT I 1 OTHER DESTINATIONS 1 SSX SUPER SHUTTLE EXPRESS DIRECT TO LA WEST COAST OF CENTRAL AMERICA (MARGARITA SERVICE) vissa vot 35 etdsm lgi f~w* hou |ok |nt heocoott vissa vot sm rroutriM aouutu smi ioobco cowwro ptcaimqa kjbmvmtwu hiwob ooq japan 3C(so3 ivoi
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      702 38 Lines services represented (-■@l-l by Members of the Registry of Accredited Shipping Agents. X°m y Singapore Shipping Association Members of the Singapore Freight Forwarders Association NORTH WEST EXPRESS LINE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAM Pliß/FRE MANTLE (MONTHLY SERVICE) MV "ARKTIS TBN" ETA SIN 20/01/99 BOOKINGS CALL MONKA/AI UNO
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      1088 39 TO EUROPE FROM EUROPE IvESSEI VOT SIN HTM AMR HAM HV SOU «T UH~I IviSSEL VOT I HTM AMR HAM WV SOU FIT LEH SIN 1 NOLCYPRINI 009W 11/01 2»/0l 30/01 A/02 27/01 HY GENERAL 31SE 17/11 It/II 22/12 H/12 09/01 HTIARON 317W 14/01 o*/02 03/02 04/02 01/02 MOt MIS
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      36 39 CONTAINER SERVICE S'PORE/JAKARTA/SEMARANG/SURABAYA VESSfL/VOY SPORE JAKARTA SEMARANG SURABAYA PERMAIIO42I42I 12/01 13/01 PERMAIIO422-422 16/01 14*01 21*01 PERMAI ***** 423 24,01 27/01 PERMAI *****6-016 11/01 ISiOl PERMAI *****7-017 ISOI 21/01 PERMAI *****8-018 25D1 2*ol PERMAI *****9-019 02/02 05,02
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      2024 39 HANJIN SHIPPING HA*JIN SHIPPING (S) PTI LTD hi* //wm cam lOWMC 37W735 237 SMR 32M774 731 OOOMHI 32*0271 274 OfHAIIONS *****41 252 MAW LINE *****55 MX 27WW CI NO **********0 M TO NW USA A CANADA USA CANADA* forvsi/voy mm sm imhaul/voy su mi mn [~lm oi mr Si on
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      528 39 FULLY CONTAINIRISID DIDICATID SIRVICIf VESSfI IR I IK ID I MB ttl US* PUS *sa gg -Sffl- _B6_ VESSEL W I SIN I JKT moniania lIS OVOI Ml j» 00/01 io/oi WM u/oi is/oi "S" "M" TaSt u»( ULSAW Bits 01/01 15/P1 17/01 11/01 70/01 mif tm:rc KflS 31/fil mm
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      1629 40 DSR-SENATOR LINES TO UK/CONTINENT TO MEDrfKHRANEANCANADA «SKL VOY tflj HTM HIM mm mv FU VtMtL WT SW Off IK fOS W.C MTW OMYMGATUS WNO64 07 01 24 #1 »01 27 01 2111 MOl 30 01 JAPA* SIMATOB WMOO4 07 01 HOI »01 10 01 00 K TRAD€IIIAft£ WQOO4 00 01
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      899 40 CMTIw: MN CON 111 LINES, MC *oudanq:<O7) 888*786 I K 5 1 QWWOi 8ISU: (064) *****9 MAMLA: (532) *****24 v V PENANQ: (04) *****36 BANGKOK: (662)*****67 SURABAYA: (31)*****0 P. KEIAKQ: (03) *****77 JKT (21) *****07 HON: (61) *****3 KUCHWO (062) *****1-3 BARCELONA MV "PONL MARSEILLES" V.8524 ETA SIN: 11 -1
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      550 40 UNE gy m» MM4M IMb •SIIIII MUARA LABUAN rasa vor no ra rasa yot im ra SPOtINJAftA SPOtl UN CUtAAA JM-tt VOlt/OO 07/01 10/01 CAIAAAMB-tt VOII/00 07/01 11/01 STUITSHOPt VOII/00 11/01 14/01 Slum HOPE VOII/OO 13/01 17/01 CAAAAA JN»-12 VO2E/40 17/01 20/01 CAMKA JNB-H VOS/N 17/01 21/01 STIA/TSHOPE VOB/V9 24/01
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      1262 41 IVESSgL VOY SIN SIP PKO PEN PQC PUB SHJ I BA PIK I IRAN TABATABAEI PJLI33I 20/01 04/02 03/02 05/02 08/02 IRAN TEYFOIIRI TBA 06/02 16/02 15/02 10/02 21/02 IRAN BAKERI TBA 13/02 23/02 22/02 26/02 28/02 PQ6> Mini Qaboos. DUB Dubai. SHJ => Sharjah. BA Bandar Abbas, BIK >
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      1932 41 Witkly to E«ro|M Main hrtil Ivory Monday and Saffvrday I Dlroct to Ironionhawon in 20 days J I SINGAPORE'S GENERAL AGENTS: 6 SHENTON WAY TIL 226 1900 FAX: *****0« OUTWARD (l/l) COSTAR SHIPPING PTE LTD #i7-osdrs»u>g sales/bkgs 420SSS7/60 inward dipt (D/o) 4205/ as COSTAR AGENCIES (M) SDN BHD CRNO: 117S78W000W
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      667 41 \jn=n EASTERN CAR UNER, LTD. I |_EJ Ed (SINGAPORE) PTE LTD 1 SPECIALIZE IN ROUP 1. HEAVY UFT UPTO 450 TONS ECL (SINGAPORE) PTE LTD LOAD NG FOR PORT KLANG/KUCHING/MUARA PORT KLANG/PENANG MV "CHRISTINA 1 V.58 MV "LUNA AZUL" V.16 ETA SIN 10/01/99 ETA PW. 12/01/99 ETA 3NII/01/99 ETA PKL
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      1461 42 EUROPE AIKySCANOINAVIA/yiNLAHD/RUSStA SGP ROM ANW HBG THP ZEE LHV LHV THP RDM ANW MSG P*L SGP E DIAMOND RW-003 10/01 29/01 03/02 30/01 01/02 02/02 03/02 E RACER RE-017 17/12 19/12 11/12 20/12 22/12 14AM 15/01 E OELUXE RW 006 17/01 05/02 06/02 08/02 09/02 10/02 E. REPUTE RE-02S 24/12
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      986 42 £gg3EMI PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL BuHding, Singapore *****0. I I CR NO: **********06 ivttsa vot m sw «i stp m w m m m 3 auNUiauMS ois //i t/i w/i n/i J«/i »/i 3/j «/j OOCAIMtITT 031 V) "Wl M/l 27/1 31/1 4/1
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      626 42 NANTAI LINE 1 FULLY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA vtssa yor sw pui out jih ot x» GOLPEW DtAGON VOO9S 11/ DI 20/01 24/0) 27/0) 2»/0) NAMTAIPMMtESS VO2tS 19/01 02/02 "OS/02 04/02 NAMttl QUEEW VO32S M/ 01 "m/oT 08/02 11/02 12/02 IS/02 WAXTAIDRAGOW V.OIIS 06/02 1 5/02 19/02 22/02
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      461 43 BSfl il M MYANMA I iflßßk FIVE STAR LINE I (MyiMiar National Lrat) P Loading for Yongon (Rangoon) I vnsa vot sm p*i pin pgu I smxt owf OAWII IW SU) MALAYSIA AGfNTV MUSTCAO SHIPPING AGdtOES J EUL TH (03)*****00 Ftt: TH (03) 37*4101 I PCM: TU (04) *****0} ftffc
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      873 43 HMA#-" I" 5 ?lal "I »"l \ZbsHi" l™l Iwnllß 1; MAS S27W 01/01 30/01 W/01 JJ/JJ 94/tti MBK Qo6£ 24/12 25/12 20/11 22/12 12/01 In nolcypom oo«w 11/01 17/01 a/01 »/oi 2*/oi noibb oom »/2 75/12»/ u/# I HYIAMN 317W 14/01 01/02 W 04/01 Jl« 23/12 30/12 24/12 24/12 14/01
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      860 43 CL- norwegor speoolaed otAxamen ,<,«.» •wM/mvYWTiiwia[VESSEL VOY RAMP HEIGHT SIN LAX Cll MA SAV lAL Off HVC MEW MM TAMPA F902 400 Tmh ~TM IW 09/02 11/02 21/02 23/02 25/02 26/02 27/02 04/03 07/03 TALABOT F903 400 Imm 6.3 M 25/01 21/02 02/03 05/03 07/03 09/03 10/03 11/03 14/03 11/03
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      804 44 BANGKOK/MAP TA PHUT/LA EM CHABANQ J A K AWT A/PA H J A WO VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN MATHU BHUM 397N 09/01 13/01 12/01 ANRO JAVAKARTA' 0W 09/01 12/01 YANTRABHUM" 274N 10/01 13/01 14/01 DEJA BHUM 781S 09/01 13/01 ACX JADE 37N 10/01
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      540 44 INDONESIANATIONAnN^I TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE w 1 vot I "s'fotTT« owTdm h'ww wumn mm* AVISSII I 31/11 I ts/tt U/M O«UT tt/tl TO AUSTRALIA I FULL CONTAINER SERVICE m I vot| maw|m I I stb Tum m+lßL+ M AUST PTBftBI lIS >7/010»/0t W/01 n/»l 25/01 11/11 m ivotr m
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      944 44 VESSELS VOY PKL MLA LEH RTM HAM ZEE SOT VKXE 06 VtBQO S2SW 12/01 25*01 01/02 02/02 03/02 05/02 Oftfttt VtLLE D 6 VELA N29W 19/01 aypl 01 AC 08/02 08/02 1(V02 12AK ttg VIXE DE SHANGHAI H29W 26/01 27AM 06/02 15/02 16/Q2 17/08 19/02 20/02 VILE DtXUON Y29W 03/02
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      48 45 STEftTk Dial 740-6000 on demand (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 I your phone number Another innovative service offered by T^e document will be Shipping Times !H:/!SSS2SSL I
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      135 47 S N FREE Reader Enquiry Service cut out and Fax to 65-*****29 Need HELP or INFORMATION on the following? (please tick relevant boxes) SHIPPING SERVICES Port of Origin: Cargo Type: Cargo Ready by: Port of Destination: Cargo Volume: __Special Requirements: ADVERTISERrPRODUCTS/SERVICES Saw an advertisement in Shipping Times of a product
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      921 48 SHIPPING LINE LTD 72 Anson Road, Anson House #06-01 to 03, Spore *****1 Cft 10.**********00 TEL: *****88 FAX: *****29 (OUTWARD) *****63-4 (INWARD) /W***** (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIBECT LINE: 535 6266 Colli/Jo66lca/>Hoi CfcNM/JtslyNN/Pora/HaNlNi 7 SLGS/WEEK [*****2331 2 SLG/WEEK [VESSEL TWOY fTR |"JAK [VESSEL |VQY \SM |PLB LAWANTI 1313
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      530 48 WI9BHSONI CONTAINER FEEDER SERVICE DIRECT SERVICE FROM S PORE TO KARACHI ACCEPTING BOTH SOC AND COC CONTAJNIR |VKsa I VOTAM iIASMCAPOtf IIttCOUMMOI mUMOI <mmi KWW 10/DI/II 79/01/99 WW OOSWW 17/01/99 77/01/99 77/01/W rnrni mm 3i/»i/99 os/ot/99 iomm am ootHw oimm 17/07/99 \i/mm SHAUUUI 007HW 77/07/99 77/07/99 04/01/99 jSWtf 007HW 01/Q3/W
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      415 48 if mm EN6 111 SHIPPING CO PTE UDI hk *****75 I* Umi| Fax: SI3MII/5)»9M I CRPw ISt2OOHMH VESSEL VOY SM ETASIN ETD DESTMATKM Gondoll 1/99 07/01 09/01 Mun^il-iokarfo SmCermol 1/99 08/01 09/01 Pwwmg/Buotm/Ptkru Marco Polo 4? 1/99 10/01 11/01 Jatalo Urmn Star 8 1/99 10/01 12/01 Mown Unan Smr 16
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      411 48 Singapore Soviet Shipping CPL afcIOOSOtfOMM k\\l NWtiM Sttpptog PI 33 J fMaly OmW S«k*ry) abivsmootK VESSEL VOY SIN BOM PNG PKL BUD) AMAN 123N 13AM 20/01 30/01 KOTA RUKUN RKNO2S 10/01 27/01 07/02 KOTARATU RTUO33 2S/01 02/02 13/02 vasa voy m mcvnn ml MREGINA RGAO79 14-15/01 20/01 20/01 HARIOHUM 07SV
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      777 49 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I P«C I«N J»T ISW I 1 »LW I CM! I lOW I HAI I NYt IMF I IAV I MIYf I TAM |HW I HOtWPtW/W< 12/0) 24/01 05/0) 07/0) 21/01 24/01 04/02 07/0? 04/03 QVQI 10/03 13/03 IZ/Rij/M. HOtfiH DiAII *****
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      1705 49 A mi: |Nl wrrii rrsTn.MKi; m;i:i»s in MiNh^JSjS MOm@ els jTC y i MALAYSIA INTERNATIONAL SHIPPING CORPORATION BERHAD CALL US AT PORT KELANG: 03-*****53. PENANG: 04-*****22/5. JOHOR BAHRU: 07-*****88. PASIR GUDANG: 07-*****00. *****43. *****86. IPOH: 05 *****40 KUALA LUMPUR: 03-*****88. SINGAPORE: 02-*****22. JAKARTA: 21 -*****64/5. SURABAYA: 31 -*****1. MEDAN: 61-*****7/9.
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      968 50 I VESSEL VOY SIN MAA SIN I TIGER SEA 673N 08 08/01 20-21/01 I TIGER BAY 674N 1112/01 17 2&01 24-25/01 I JBAUHINIA 016 14 15/01 20 22/01 27-27/01 I TIGER PEARL 675N 17 1&01 23 26*01 30 31/01 I TIGER SEA 677N 20 21/01 26-29/01 03 04/02 TIGER BAY
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      717 50 FREIGHT LINKS EXPRESS Tel: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg EASTIRN EUROPE SCANDINAVIA ITALY/MEDITERRANEAN GREECE/EGYPT UNITED KINGDOM Rotterdam Gothenburg Genoa Piraeus Sorikamplon Hambura Aorhus Valencia Alexondna London Le Havre Copenhogen Barcelona Malta Felixstowe Oslo La Spezia Antwerp Helsenki CANADA AUSTRAUA INDIA MIDDLE EAST JAPAN MAURITIUS Vancouver Adelaide Karachi'"^ u
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      1383 50 OOCL (Singapore) Pte LtdCFS Keppel Distrpk 79 Anson Rood #21-04 (S) *****6 I* 513 #01-128 CR NO **********0H W: 272 7827 tor Dookmg Tth *****13 Fu 221 3942 fox: 272 7825 /f\ k/ rr#lT_ Orient Container line t8 f ,8 7 [;fPj, (Malaysia) Sdn Bhd (R«g No: *****2 U) (0
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  • Page 51 Miscellaneous
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      130 51 t LEGEND R Thunderstorm Temperoture c X\ Shower Weather Wind direction with speed in knots Rom Cloudy Sky Wove h «'9** Surfoce winds ore indicated by arrows which fly with the wind One full circle represents colm or light and variable winds J_ One half Heche represents 5 knots L_►
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