The Business Times, 25 September 1990
1990-09-25
1
46
https://www.nlb.gov.sg
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The Business Times
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Title Section10 1990-09-25 1 Business Times MCI (P) 170/12/89 Tuesday September 25 1990 75*10 words
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NEWS SUMMARY
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50 1990-09-25 1 THE SOVIET parliament voted overwhelmingly yesterday to give special powers to President Mikhail Gorbachev during the transition to a market economy. The resolution was adopted by 305 votes to 36 with four abstentions, but it could still be modified under Soviet parliamentary procedure.50 words
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Article37 1990-09-25 1 IN A first step towards carving a niche for itself in the Singapore property market, the diversified Saison group has taken a 10 per cent stake in the $800 million Bugis Junction project Page 237 words
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Article47 1990-09-25 1 THAILAND will lodge a protest with the General Agreement on Tariffs and Trade against the US decision to list the country as a target for trade retaliation in order to force Thailand to open the local cigarette market according to the Bangkok Post. Page 747 words
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Article41 1990-09-25 1 BUSINESSMEN have urged Jakarta to revise the May 1990 deregulation policy on the imports of electronic components because the measure might force many electronics plants into bankruptcy, according to a report in The Jakarta Post Page 741 words
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Article41 1990-09-25 1 AS THE military buildup in the Gulf dashes hopes of a "peace dividend", industrial nations are worried that a shortage of capital poses as big a threat to the world economy as a shortage of oil Page 941 words
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Article29 1990-09-25 1 AS A BOY growing up in Ireland, Liam Neeson loved to be scared by Hollywood horror movies. Now he can do some scaring himself. Page 1729 words
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Article49 1990-09-25 1 THE Taiwanese are jumping ship. Billions of dollars from the world's fattest cash hoard are going abroad, leaving a hungry economy behind. Taipei's businessmen have spent US$l2 billion so far this year alone on everything from thrifts in Texas to computer distributors in Germany Page 1149 words
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Article31 1990-09-25 1 TAIWANESE shipping major Evergreen Marine, which is gearing up to be a total transport company, plans to set up warehousing and container terminals in Asia Shipping Times Page 131 words
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MARKETS SUMMARY
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Article37 1990-09-25 1 THE NEW YORK stock market declined broadly yesterday morning in activity marked by continuing pressure on bank issues. The Dow Jones average of 30 industrials dropped 37.13 to 2,475.25 in the first hour of trading.37 words
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Article32 1990-09-25 1 LONDON share prices were lower at midday yesterday. At about 12:15 pm (1115 GMT), the Financial Times-Stock Exchange 100-share index was down 8.4 points, or 0.4 per cent, at 2,017.1.32 words
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Article37 1990-09-25 1 SHAREHOLDERS of Bousteadco Singapore are likely to hear more about takeovers, now that the group has posted a 24 per cent rise in net profit for the first six months this year Page 337 words
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Article35 1990-09-25 1 G K GOH HOLDINGS and General Magnetics, two of this year's stock market debutants, have turned in results that are better than that forecast in their respective share offer prospectuses Page 335 words
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Article21 1990-09-25 1 THE heady days of lavish par-ty-giving are over for US banks; austerity has hit home. Page 621 words
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Article, Illustration28 1990-09-25 1 Monday Change BT-MGA 577.54 -11.49 Kuala Lumpur ....494.81 -12.43 Hongkong 2,931.86 -52.68 Tokyo Gosed Sydney 1413.9 -14.1 Friday Change New York 2,512.38 -5.94 London 1,537.3 +6.228 words
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Article19 1990-09-25 1 Exchange rates US$ S$ 1.7665 Yen SSI.2979 MS SS0.6544 Money market rates Overnight 5-1/2 2-1/2 3-month 6-1/2 unch19 words
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Article35 1990-09-25 1 London Gold PM fix US$392.50 US$3.20 Rubber S'pore Oct.... 155.25*/kg +1.00 M'sia Oct 238.00«/kg +0.50 KL Tin Turnover 80 tonnes S Spot M$l5.50/kg +0.12 Crudo palm oil Turnover 377 lots +153 Oct.... M$673/tonne -1.0035 words
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Article, Illustration459 1990-09-25 1 John Tan - By John Tan YAOHAN, which changed local shopping habits with its first supermarket here 16 years ago, is about to do it all over again. Its new project will see "lifestyle" shopping located in a massive complex which will offer all that459 words
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414 1990-09-25 1 The Gulf Crisis Agencies ISRAELI Foreign Minister David Levy said yesterday that the buildup of forces in the Gulf is likely to lead to Iraqi aggression against Israel and if attacked, "we will do what we have to do." Israeli officials said IraqiAgencies - 414 words
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280 1990-09-25 1 Magdalene Ng - By Magdalene Ng THE STOCK Exchange of Singapore (SES) last week took to task broking firms Lum Chang Securities and OCBC Securities for violating its rules and bye-laws. A director of Lum Chang Securities, Mr Lim Jit Poh, was fined $5,000 for280 words
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191 1990-09-25 1 CRUDE OIL PRICES yesterday headed towards US$4O a barrel, approaching the highest level in a decade on fears that it may be impossible to avoid war in the Persian Gulf. Brokers in London said bids pushed prices for the benchmark North Sea Brent Blend191 words
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328 1990-09-25 1 Quak Hiang Whai - By Quak Hiang Whai THE LOCAL operations of Chase Manhattan Bank are unlikely to be much affected by its head office's plans to slash 5,000 jobs and restructure its operations. Any retrenchment here would be marginal at most, said Mr Rodney Freed, vice-president and328 words
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241 1990-09-25 1 Bernama BANK of Commerce Berhad has proposed a merger with United Asian Bank through a share swap to create the fifth largest Malaysian-incorporat-ed commercial bank in terms of shareholders' fund and sixth largest in terms of total assets and deposits. Announcing the mergerBernama - 241 words
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Page 1 Advertisements
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Advertisement195 1990-09-25 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Money Market 25 World News 8,9 Comfflodftes 26 Regnnal Co News 4 Cryptic Crossword 27 Regnnal News 7 For market mdces, edrtonal, Editorial 10 Regional Stock Markets 24 advertising and circulation a Financial News 6 S£S 19. 20 tensions, cal Business195 words
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Advertisement23 1990-09-25 1 Oil prices shouldn't be so high, Pg 9 KL commodities unscathed by Gulf crisis, Pg 26 Aspiring Asean economies face test, Pg 2823 words
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Advertisement70 1990-09-25 1 Nikon The World s Finest Photographic System. US buks rtspoadiag to major ortbicks, P| 6 Chase's Ansae alt (0 report loss, Pg 6 Wholesale fuel prices look set to rise again, Pg 2 Cartler mu/f de (artier mu/f de Cartier BaJjque/ SINGAPORE #01-36, Lucky Plaza, 304 Orchard Road. Tel: *****2770 words
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HOME NEWS
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NEWS ROUNDUP
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Article65 1990-09-25 2 THE Singapore Manufacturers' Association (SMA), under the leadership of its president Robert Chua, will conduct its second trade mission to Canada next week. The main objective will be to develop joint-ventures, pursue investment and manufacturing opportunities in the aerospace, electronics and the environment sectors. During65 words
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Article55 1990-09-25 2 A TRADE mission of food processing companies from Ontario, Canada, will be in Singapore for three days from tomorrow. It will feature delegates representing more than 12 major companies involved in the processing of up-market food products. These range from convenience food, confectionary and beverages to pastry,55 words
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Article58 1990-09-25 2 THE Singapore Shuttle Bus Pte Ltd (SSB) has applied to the Public Transport Council for a fare increase to counter escalating costs of operations. A press release said that the child fare of 10 cents has remained unchanged for the past 15 years while adult58 words
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Article60 1990-09-25 2 THE Telecommunications Authority of Singapore (TAS) said that Singapore will introduce a speed post service to Barbados on a reciprocal basis from Oct 1. Customers can use the service to send business and commercial papers, samples and merchandise. There is no limit to the weight of a60 words
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Article81 1990-09-25 2 THE Singapore Anti-Tuberculosis Association (Sata) said it has not only to consolidate and improve upon its existing core services, but to be ready to meet the needs of changing medical services in Singapore in the 90s in order to completely eliminate the scourge of TB. It added81 words
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467 1990-09-25 2 Lilian Ang - By Lilian Ang IN A first step towards carving a niche for itself in the Singapore property market, the diversified Saison group has taken a 10 per cent stake in the $800 million Bugis Junction project. The equity share, which costs the Japanese group467 words
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284 1990-09-25 2 WHILE TWO more oil companies have joined their competitors by cutting the price of premium grade petrol, market sources are predicting that wholesale prices will go up again in about a week. And unless oil companies decide to deliberately keep the lid284 words
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Article, Illustration95 1990-09-25 2 SINGAPORE appreciates deeply the contribution that the South-east Asian Ministers of Education Organisation (Seameo) has made towards the development of human resources, said Senior Minister of State for Education Dr Tay Eng Soon. Dr Tay was speaking at the opening ceremony of the Joint95 words
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Page 2 Advertisements
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Advertisement257 1990-09-25 2 Introducing anew approach to early learning... Times ToMtr Books V _y This is a series of early learning picture books for young children which introduces the concepts of numbers, the alphabet, time and colours. Each book adopts a new, imaginative approach to the teaching of these basic concepts. The lively,257 words
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Advertisement15 1990-09-25 2 Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in Business Times.15 words
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Advertisement236 1990-09-25 2 AT SHEBATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT •AT SHEBATON LITTLE S) < 5 z o O 5 m < > z J M»1 IJMnßafi a M JaliM I jog EuV T A w>J TV ,-M I x-ityi' JPWtrti BP v 9h9§rs^ > 3'.236 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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586 1990-09-25 3 Yong Pow Ang - By Yong Pow Ang SHAREHOLDERS of Bousteadco Singapore are likely to hear more about takeovers, now that the group has posted a 24 per cent rise in net profit for the first six months this year. Group chairman Tommy Macpherson said yesterday that Bousteadco586 words
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477 1990-09-25 3 Magdalene Ng - By Magdalene Ng G K GOH HOLDINGS and General Magnetics, two of this year's stock market debutants, have turned in results that are better than that forecast in their respective share offer prospectuses. Broking house G K Goh yesterdav posted group477 words
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Article, Illustration297 1990-09-25 3 William Chia - By William Chia THE Malaysian Foreign Investment Committee has turned down two proposed property acquisitions by Golden Plus Holdings Bhd (formerly Dayapi Industries). Golden Plus, in a statement to the Kuala Lumpur Stock Exchange last Friday, said the FIC had rejected its proposed297 words
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COMPANY BRIEFS
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58 1990-09-25 3 THE Stock Exchange of Singapore has given an in-pnncipie approval to Hotel Marco Polo for the listing and quotation of its new ordinary shares to be issued under its $222.25 million rights issue. Hotel Marco Polo has proposed a five-for-four rights issue58 words
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Article72 1990-09-25 3 THE Boards of both Hong Leong Finance and Singapore Finance have proposed a change in their respective Articles of Association to redefine "foreign persons" whose beneficial ownership of the issued capital of both companies is restricted to 20 per cent. "Foreign persons" is to be redefined72 words
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Article95 1990-09-25 3 ARAB-MALAYSIAN Merchant Bank Bhd plans to reduce its stake in subsidiary Arab-Malaysian Finance Bhd (AMFB) to 65 per cent from 99.9 per cent through a public share issue and stock exchange listing. The plan would involve a bonus issue of 36 million new ordinary shares,95 words
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Article68 1990-09-25 3 DESPITE an increased turnover, United Plantations Bhd suffered an 81 per cent fall in its interim group pre-tax profit for the six months ended June 30 to M$ 1.465 million from M 57.571 million a year before despite production being well ahead of estimates. It blamed68 words
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Article199 1990-09-25 3 TAIPING CONSOLIDATED Bhd, the plantation subsidiary of Inter-Pacific Industrial Group Bhd, is to merge with Mayang Sari Sdn Bhd, which owns the Lot 10 shopping centre in Kuala Lumpur. Under the exercise, Datuk Suleiman Manan and Investma Sdn Bhd which he controls, will inject Mayang Sari into199 words
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277 1990-09-25 3 DIVERSIFIED Chinese pharmaceutical group Eu Yan Sang Holdings yesterday announced its results for the six months ended June 30, marking a change in its financial year-end in line with its ultimate holding company, Lum Chang Holdings. Eu Yan Sang277 words
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260 1990-09-25 3 AMBASSADOR Holdings Limited yesterday reported a small half-yearly profit, reversing the loss-making trend of the past six years. The group achieved a profit of $46,000 after tax and minority interests. The performance for the first six months contrasts with losses reported for the260 words
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423 1990-09-25 3 Bernama SINGER (Malaysia) Sdn Bhd, a wholly-owned subsidiary of Singer Holdings (Malaysia) Bhd, is in an advanced stage of negotiations with several foreign parties to set up a joint-ven-ture company to manufacture consumer durable products, mainly for export. Singer Holdings' chief executive Datuk Vincent TanBernama - 423 words
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Page 3 Advertisements
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Advertisement143 1990-09-25 3 "Take me away from all of this." To take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could only make one decision right now.143 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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Article69 1990-09-25 4 NEWMONT Australia Ltd said it planned to merge with BHP Gold Mines Ltd, 56 per cent owned by Broken Hill Pty Co Ltd. Newmont Australia finance director Gary Scanlon said by telephone the company would offer one share for every two BHP Gold shares. Mr Scanlon said69 words
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Article89 1990-09-25 4 BRIAN LOTON, chief executive of Australia's largest company, Broken Hill Proprietary Co Ltd (BHP), on Sunday slammed the government's high interest rate policy for retarding investment, exports and productivity. Mr Loton said during a television interview that the rise in oil prices amid the89 words
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Article47 1990-09-25 4 PHILIPS China Hong Kong Group, a wholly-owned subsidiary of NV Philips Gloeilampenfabrieken, said it has won a US$l million contract to supply and install an advanced digital telephone exchange system in the Chinese port of Qingdao by the middle of next year.47 words
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Article47 1990-09-25 4 JAPAN'S largest electronics firm, Hitachi Ltd, has agreed to provide China with the technology to begin manufacturing video tape recorders (VTRs), reports said in Tokyo on Saturday. Hitachi will initially transfer VTR technology to three new assembly plants in Chengdu, Nanung and Shenyang regions.47 words
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Article, Illustration374 1990-09-25 4 THE INDONESIAN government has been urged to enact antitrust laws to control the operations of business conglomerates and cartels, according to a report in The Jakarta Post. Noted Indonesian economist Sumitro Djojohadikusumo, said that conglomerates had tended to build up oligopolies and374 words
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399 1990-09-25 4 MIRAMAR HOTEL and Investment has asked its Chinese partners to scrap the suspended hotel joint venture in Shanghai, according to the South China Morning Post. But managing director Mr Albert Young Bing-ching said after Miramar's annual meeting on Friday the Chinese partners399 words
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177 1990-09-25 4 AFP NEW ZEALAND'S biggest company, Fletcher Challenge Ltd (FCL), said yesterday it had become the world's largest crude methanol producer. FCL chief executive Hugh Fletcher said the company was focusing on resources and had increased methanol production capacity and had acquired oil and gasAFP - 177 words
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Article288 1990-09-25 4 Reuter ELDERS IXL Ltd's abnormal losses are expected to blow out as high as Asl.6 billion in the year ended June 30 and overshadow an expected improvement in brewing profits, analysts said. Concern about the annual results, due for release today, has kept pressureReuter - 288 words
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Page 4 Advertisements
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Advertisement600 1990-09-25 4 GOOD IDEAS KEEP COMING UP Expanding software, m Increasing functions. jS I jJj/Jj Business Cards Cards yjfilaßl V\X/\ 3-Dimensional Spreadsheet Thesaurus/Dictionaiy Time Expense Manager En S lish to French Dictionary Money Planner En B lish t0 German Dictionary •Business Finance English to Chinese Dictionary JBjA Database Memo Cfltds 64 KB600 words
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Advertisement24 1990-09-25 4 &H r lT t i A Challenger Company 120 Tanjong Rhu Road #OMX) Khong Guan Building Singapore 1543 Tel: 447 4822 Fax:6s-345 5072 I24 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration552 1990-09-25 5 Reuter POLLY PECK International pic, a fruit-to-electronics group, beset by rumours about its actions and its chairman Asil Nadir since its share price tumbled last week, asked the British government to launch an official inquiry into the affair. The company, which endedReuter - 552 words
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529 1990-09-25 5 CRESVALE Securities, the London-based group with major operations in Hongkong and Tokyo is aiming to expand its business in Europe as well as in Asia and the US, according to a report in the South China Morning Post. The paper said the company is also extending529 words
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275 1990-09-25 5 Reuter A SYSTEM of tax breaks aimed at luring multinational corporations to Belgium is finally bearing fruit, but the future is uncertain as the deadline for a single European market approaches, tax analysts and businessmen say. The system offers generous tax breaksReuter - 275 words
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COMPANY BRIEFS
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84 1990-09-25 5 MORTIMER B ZUCKERMAN, the New York developer, is negotiating with Sony Corp to form a venture that might develop the Coliseum site on Columbus Circle in Manhattan, several real estate executives said this week. Zuckerman, whose primary development company is Boston Properties Inc, declined to84 words
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Article133 1990-09-25 5 MICHELIN, the world's number one tyre manufacturer, recorded a consolidated net loss of 363 million francs (US$6B.4 million) in the first half of the current financial year, the company said in a statement Friday. Last year Michelin turned in a 1.4 billion francs profit (U*****.1 million)133 words
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Article69 1990-09-25 5 DUTCH real estate investment fund Rodamco NV, part of the large Robeco NV group, said it would stop buying back its own shares because it could not finance the transactions any more. "During the past nine months the company has bought back more than 20 per cent69 words
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Article70 1990-09-25 5 THE CANADIAN Auto Workers Union said the 12,800 unionised workers at Ford Motor Co of Canada Ltd ratified a new three-year contract and began going to work yesterday, ending an eight-day strike. More than 85 per cent of the workers voted in favour of the70 words
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80 1990-09-25 5 MOUNT Charlotte Investments pic said New Zealand's Brieriey Investments Ltd was making a mandatory 73p per share cash offer for the UK hotels group valuing it at £644 million. It said Brieriey had acquired 10.1 per cent of Mount Charlotte yesterday from the Kuwait Investment80 words
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Article67 1990-09-25 5 FORMER Philippines first lady Imelda Marcos will testify with immunity from prosecution today in a federal probe Westinghouse Electric Corp's construction of a nuclear power plant, her attorney said. Theodore Greenberg, deputy chief of the US Justice Department's fraud division, told Mrs Marcos she would have immunity67 words
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Page 5 Advertisements
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Advertisement210 1990-09-25 5 Wr'zm rrrß OUR STANDARDS WERE SET ABROAD. BHMi KHffss ft ill When we created One Ampang Avenue we knew exactly what kind of people would live here. Expatriates who expect WR Jfj| tfj Httt -j+j+ QH j 1 rrrr rrr the most of accommodation, recreation, convenience, freedom and security. Luxuries210 words
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FINANCIAL NEWS
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SMALL CHANGE
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Article101 1990-09-25 6 IRAQ gave holders of Kuwaiti dinars 12 days to exchange the currency at par for Iraqi dinars. A statement by Iraq's Economic Commission said each Kuwaiti dinar worth nearly US$3.5 before Iraq's invasion of Kuwait on Aug 2 would be exchanged for one Iraqi dinar. Baghdad's101 words
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Article70 1990-09-25 6 THE Hongkong Association of Banks (HKAB) said it has agreed to end a system which allows small banks to offer higher time-deposit interest rates than larger financial institutions in the colony. The HKAB said it had been asked by the government to stop the system70 words
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Article100 1990-09-25 6 BRAZII has tentatively set Oct 10 to begin debt negotiations with its commercial bank creditors, the country's Minister of the Economy said. Zelia Cardoso de Mello also said that Brazil will invite several more banks to join the bank advisory committee that negotiates on behalf of100 words
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528 1990-09-25 6 Reuter THE heady days of lavish party-giving are over for US banks; austerity has hit home. Ironically, cost consciousness, conspicuously absent when US bankers had only Third World indebtedness to worry about, is surfacing at a time when foreign debt is slipping on theReuter - 528 words
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312 1990-09-25 6 Bernama MBf Finance Bhd, which is expanding its negotiable certificates of deposit (NCD) service to all its branches nationwide, has applied to Bank Negara to have the present Msloo million limit of NCDs issuance raised. MBf Finance's chief operating officer Haji Hezan ShahBernama - 312 words
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217 1990-09-25 6 AFP CHASE Manhattan's halfowned Chase AMP Bank Ltd said on Sunday it would report another annual loss this year because of corporate collapses and Australia's economic slump. The bank, half-owned by Australia's largest insurance company the AMP Society, said in a statement it hadAFP - 217 words
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Article, Illustration258 1990-09-25 6 Reuter ELEVEN major Japanese banks have joined an US$B2 million syndicated loan to finance a television tube manufacturing project in China. Banking sources said it was the biggest Japanese participation in a loan since the military crackdown in Beijing in June lastReuter - 258 words
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Page 6 Advertisements
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Advertisement976 1990-09-25 6 G.K. GOH HOLDINGS LIMITED (Incorporated in Singapore) HOLDINGS Announcement The directors of G.K. Goh Holdings Limited (the "Company") are pleased to announce the preliminary audited results of the Company and the Group for the financial period ended 30 June 1990 which are stated below: Final Results Company Group Proforma Group976 words
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Advertisement120 1990-09-25 6 THE COMPUTER-BASED SERVICE FOR Fundamental Analysis FUNDAMATIC 11, a powerful module from the Investamatic suite of programs, offers essential fundamental data on all stocks listed on the SES and KLSE. More than 5 years of Historical Earnings, Profit Loss, Balance Sheet, Dividend, Capital Change etc. Financial Ratios, Ranking by Equity120 words
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Advertisement108 1990-09-25 6 f®tring J i VI I T r A pure pleasure: Highlighting one's written work with a touch of the classic The rotring Renaissance embodies writing in its classical refinement with traditional plunger, ink window, screw cap. and goldplated nib and appointments. Adapting to every curve and flourish of the writer's108 words
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Page 6 Miscellaneous
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THE REGION
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374 1990-09-25 7 THAILAND will lodge a protest with the General Agreement on Tariffs and Trade against the US decision to list the country as a target for trade retaliation in order to force Thailand to open the local cigarette market according to the374 words
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286 1990-09-25 7 BUSINESSMEN have urged Jakarta to revise the May 1990 deregulation policy on the imports of electronic components because the measure might force many electronics plants into bankruptcy, according to a report in The Jakarta Post. B Ichsani, chairman of the Indonesian Electronics Industry286 words
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282 1990-09-25 7 AP MILITANT UNIONS in the Philippines launched a general strike yesterday to protest fuel price increases despite President Corazon Aquino's appeal for labour peace in the face of growing economic and political problems. On the eve of the strike, bombsAP - 282 words
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588 1990-09-25 7 THE planned calling of tenders for a new oil refinery in Thailand will give bidders freedom to choose locations for their projects. According to a report in the Bangkok Post, this freedom for the bidders was sought for by the Thai Prime Minister's588 words
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NOTE BOOK
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Article78 1990-09-25 7 BALI IS ALL SET to host the Pacific Asia Travel Association (Pata) conference and Pata Chapter World Congress next April. About 2,000 participants were expected for the conference and some 500 delegates would be involved in the congress from April 6 to 16, the78 words
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Article102 1990-09-25 7 SARAWAK'S trade surplus narrowed to M 52,093 million in the first half of this year, down Msl3l million, or 6 per cent, from the surplus achieved in the same period last year, according to the latest figures released by the Statistics Department in Kuching. Imports grew102 words
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Article85 1990-09-25 7 VIETNAM'S Supreme Court will try a group of 38 people who allegedly tried to infiltrate Vietnam through Laos to overthrow the government. Radio Hanoi said Tran Quang Do and his accomplices will face a four-day trial starting today in Hanoi on charges of "betraying85 words
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Article116 1990-09-25 7 A DELEGATION of Vietnamese government officials and academics is on a week-long visit to seek South Korean investment. The nine-member delegation, led by Central Economic Bureau senior economist Tran Due Nguyen, arrived in Seoul on Sunday at the invitation of Seoul's Yonsei University, a Foreign Ministry116 words
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Article131 1990-09-25 7 MALAYSIAN Primary Industry Minister Datuk Sen Dr Lim Keng Yaik yesterday appealed to Sabah and Sarawak to support the federal government's efforts to curb the export of logs to ensure the availability of raw materials for downstream activities. In making the call, he said Malaysia was131 words
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Page 7 Advertisements
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Advertisement58 1990-09-25 7 T "i-v Autumn flexes its wings, but autumn incomplete without Nadaman. Japanese Restaurant Not to be missed arc seasonal specialties like mackerel simmerid in soya bean paste, 9^ A p—n A IV >1 AN. I fried ginko nuts and clear broth with matsutake mushrooms and seafood served in claypot. I58 words
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THE WORLD 1
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WORLD WATCH
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Article85 1990-09-25 8 FEDERAL RESERVE governor Martha Seger said the US economy is in a recession and reiterated her call for the central bank to reduce interest rates. "I think we are in a recession,'* Ms Seger told a reception held by Continental Bank Corp. She said the85 words
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Article65 1990-09-25 8 FINANCIAL HELP to countries whose economies have been badly hit by the Gulf crisis should not be allowed to get in the way of economic reform programmes, World Bank President Barber Conable said. "If aid is not coordinated the impact could be to undercut the will65 words
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Article49 1990-09-25 8 ROMANIA said it sought a US$3OO-US$5OO million standby credit from the International Monetary Fund (IMF) and like other East European reformers wanted a billion-dollar international stabilisation fund. Finance Minister Theodor Stolojan said Romania wanted both financial and technical aid from the IMF and World Bank.49 words
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361 1990-09-25 8 Reuter DYNAMIC domestic demand in Germany is opening up export opportunities for other countries, supporting world economic growth and leading to better equilibrium in international current account balances, West German Finance Minister Theo Waigel said. Domestic demand, growing at more than 4.5 per cent, hasReuter - 361 words
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431 1990-09-25 8 AP PLEDGES of new foreign investment in China rose slightly in July for the third straight month, but this year's pace remained well behind that of even turbulent 1989, an official report said on Sunday. The state-run China Daily's Business Weekly said theAP - 431 words
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681 1990-09-25 8 NYT THE credit squeeze in the US, seen earlier this summer as a nettlesome but not serious problem, may be intensifying, some private analysts say. A slowdown in lending and borrowing, in conjunction with an overall deceleration in economic activity, could makeNYT - 681 words
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421 1990-09-25 9 Reuter AS THE military buildup in the Gulf dashes hopes of a "peace dividend", industrial nations are worried that a shortage of capital poses just as big a threat to the world economy as a shortage of oil. Finance ministers from major industrialReuter - 421 words
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207 1990-09-25 9 Reuter SAUDI ARABIAN Finance Minister Sheikh Mohammad Abalkhail views the latest oil price rise as overdone, according to German Finance Minister Theo Waigel. Speaking after Sunday's meetings of the International Monetary Fund, Mr Waigel said that the Saudi minister had briefedReuter - 207 words
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345 1990-09-25 9 Reuter DIVISIONS among developing nations over how best to channel extra aid requested to offset the economic impact of the Gulf crisis may weaken their bargaining position at global finance talks this week. Third World officials say that talks among the GroupReuter - 345 words
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Article, Illustration455 1990-09-25 9 IMF/World Bank meetings Reuter JAPAN'S Finance Minister Ryutaro Hashimoto proposed on Sunday an overhaul of the world monetary system to bring more order to volatile currency markets. In an address to the interim committee meeting of the International Monetary Fund (IMF), Mr HashimotoReuter - 455 words
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Page 8 Advertisements
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Advertisement404 1990-09-25 8 ''Jllifc MOVE MDy rrzzz- :i %|^^^^^^mm^Um[MM|B|||llßH^^B 4H^ y i^ Kt > B yi w < A 5 i J** IdisV? k ***£> HL- Now here's a laptop that's software. Which in turn And present it to you on an independent numeric keya breed apart. means you can turn out a404 words
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Page 9 Advertisements
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Advertisement217 1990-09-25 9 HOTEL MERIDIEN Soft winds and tropical blossoms make business a breeze. With its lush tropical flora, beautiful But all work and no play make Jacques a verdant views and soft, enchanting breezes, very dull boy. So you'll find a charming bar, business becomes more of a pleasure at Le a217 words
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Article512 1990-09-25 10 EDITORIAL HOW QUICKLY circumstances change. It was only last December that Singapore made international providing sleeping bags at the airport for tourists who could not find a room in local hotels. Who could then imagine that the same hotels would be talking about falling occupancies and512 words
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WHAT THE OTHERS SAY
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Article233 1990-09-25 10 A SLOGAN the Vietnamese were fond of using around the time of war, first against the French and then against the Americans, was that Beijing and Hanoi were "as close as lips to teeth". That turned out to be an unfortunate metaphor because, not too many233 words
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Article136 1990-09-25 10 THE THREAT by black nationalist leader Nelson Mandela to pull out of peace talks with the South African government must be taken seriously. These talks are the only hope for peace. President F W de Klerk has put his political future at stake on this and136 words
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Article117 1990-09-25 10 THE IMMINENT establishment of Soviet-South Korean ties is an illustration of President Gorbachev's new diplomacy in Asia, and signals a fundamental change in the relationships of countries in the region. In spite of Pyongyang's threat that this may well nullify the Soviet-North Korean Alliance Treaty, the fact117 words
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REGIONAL VIEWPOINTS
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Article162 1990-09-25 10 IT CERTAINLY is an unexpected development that the current Gulf crisis has forced Japan not only to redefine its role in global politics, but also to ponder the question of its identity an agonising exercise that it is reluctant to perform. Japan never expected that this time,162 words
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Article137 1990-09-25 10 THE GULF CRISIS has exposed Japan's weakness in international diplomacy and lack of sensitivity in problems affecting other countries. With one-fourth of the Group of Seven's output and its economy relying heavily on imported crude oil 70 per cent of which comes from the Middle East137 words
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Article183 1990-09-25 10 GREAT SPORTS EVENTS like the Asian Games are conceived in friendship and aim at fraternity. This makes it very important that responsible officials ensure they stay this way. The decision to remove Iraq from the list of participating nations of the Games was the only rational decision183 words
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Article, Illustration891 1990-09-25 10 Kan Ito - The United States and Japan used to enjoy an amiable teacher-pupil relationship. But class is over, says Kan Ito Kan Ito The writer, a foreign policy consultant in Washington for the Liberal Democratic Party, contributed this comment to the International Herald Tribune THE US-Japan relationship891 words
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Page 10 Advertisements
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Advertisement149 1990-09-25 10 AIL W^ vw Photography P. 6.5.. GHENT, FLANDERS. Marvel at them. But also take the time to I I II I I II discover other facets of Flanders. Like our development of "Transgenic 1 1 J d Plants". We implant bacterial genes that produce I |1 proteins lethal to caterpillars.149 words
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Page 10 Miscellaneous
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Miscellaneous27 1990-09-25 10 DOONESBURY BY GARRY TRUDEAU mioeo, m scorpion < FfioM SNAK3! *XJCAIITHAT \^A^S^m WWBZI KXJBeim A HGHT7 I I DO*- KNOU *>U\ IWXXJ BAPPeSTOF YOUWE&m! WMAN! A&YOtS'^ 4' t27 words
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ANALYSIS
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Article, Illustration2158 1990-09-25 11 Discouraged by a shrinking market, tightening regulations and soaring inflation, Taiwanese businessmen are moving their billions overseas IN THE LOBBY of an opulent Taipei hotel, music from the piano bar is muffled by the splash of fountains and waterfalls. Armani-suited executives converse quietly in Mandarin. Through2,158 words
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Article, Illustration722 1990-09-25 11 Kevin Brown, Robert Thomson - To the government of South Australia, the selection of Adelaide for a hi-tech city project is a chance to transform the state capital to rival Sydney, report Kevin Brown and Robert Thomson Kevin Brown, Robert Thomson FT TO MOST Australians, Adelaide isFT - 722 words
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Page 11 Advertisements
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Advertisement73 1990-09-25 11 77ms announcement appears as a matter of record only 1 PROBO PACIFIC PTE LTD I BANK-GUARANTEED PRIME-RATE BASED I SYNDICATED TERM FACILITY I OF I *****,000,000 I Arranger I Wardley Limited I Guarantors I Skandinaviska Enskilda Banken, Singapore Branch I Svenska Handelsbanken Asia Limited I Kansallis-Osake-Pankki, Singapore Branch I Lenders73 words
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INNOVATION & TECHNOLOGY
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Article, Illustration649 1990-09-25 12 Steven Jobs' Next Inc now has a good shot at becoming profitable with the Four new computers that it introduced last week. NYT STEVEN JOBS returned to the stage in San Francisco's symphony hall last Tuesday, hoping to rekindle the sense of anticipation his computerNYT - 649 words
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Article, Illustration370 1990-09-25 12 Claire Leow - Prime Computer, a US-based supplier of integrated system solutions, is now back with a vengeance, reports Claire Leow Claire Leow Having fought off a hostile bid from MAI Basic Four Inc (MBF) last year, Prime Computer is now back with a vengeance,370 words
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491 1990-09-25 12 NYT THE United States has moved closer to approving a broad piece of patent legislation dealing with advances in technology. The Bill is intended to clarify such questions as where a patent should be issued for inventions in outer space orNYT - 491 words
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500 1990-09-25 12 Kenneth James - IT MATTERS Microsoft, which can virtually claim ownership rights to operating systems for PCs, has new challengers. Kenneth James reports. Kenneth James SOFTWARE colossus Microsoft's dominance of personal computer (PC) operating systems is unquestioned. Last week, though, two challengers flexed good-looking muscles in500 words
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Article137 1990-09-25 12 PRIME COMPUTER has won a $7.1 million order from the Housing and Development Board's building design and development division. This was revealed by Michael H Forster, president and general manager of Prime's International Business Unit, who was in Singapore yesterday. Mr Forster says the contract underscores Prime's137 words
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Page 12 Advertisements
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Advertisement83 1990-09-25 12 LI IS PLEASED TO ANNOUNCE |fc|f| R ll THE OPENING OF ***** 1 1| ITS NEWEST OFFICE llllp I|| at 16 Rue de Contamines, 111 ftp ISi Geneva, Switzerland. |!PJ|| h For Information. Please Contact Carlo Cammelli. 8 R IVL 1 Senior Vice President and General Manager. ft b■£ R83 words
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Advertisement149 1990-09-25 12 THE FAX REVOLUTION! NETFAX has revolutionized PC-Fax systems! Now with just one fax card, Local Area Network (LAN) users can send clear reproductions of whatever appears on their PC screen across the continent! With just a couple of keystrokes, they can specify the transmission time to send their messages to149 words
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Page 13 Advertisements
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Advertisement370 1990-09-25 13 CURRENCY, MONEY FUTURES MARKETS m m- -m *m -m m INTEREST RATE OPTIONS Market takes a beating from Star Way e d CURRENCY FUTURES OPTIONS j Cross rates Interbank rates a V «> Broker rates US$/S$ forward rates 4 O I y Cross rates Interbank rates 2 O" N 4370 words
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FOCUS
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Article, Illustration1394 1990-09-25 14 Robert Neff,William J Holstein - In the past year, the name Mitsubishi has appeared on more major international deals than that of any other Japanese group. Robert Neff and William J Holstein of Business Week report on the giant's aggressive push to build an international empire. Robert Neff,William J Holstein PERCHEDSource: Business Week - 1,394 words
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Page 14 Advertisements
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Advertisement296 1990-09-25 14 EAST MEETS EAST: SMGAPORE PRESENTS BUSINESS OPPORTUMTES M THE USSR AND EASTERN EUROPE ind out all about them at The USSR Alexandre Semikoz, deputy chairman and and Eastern Europe Challenge: general manager of Moscow Narodny Bank a conference to be held in Singapore, A I on USSR. banks have a296 words
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Page 15 Advertisements
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Advertisement204 1990-09-25 15 OUR DEALERS CAN MAKE FAT MARGINS ON EVERY TRANSACTION. ■■■^■F!Ml^^VI BL w fl Ji I B^Apff fcj -pvy j« Our dealers live to the beat of the US exchanges. Every tremor Services offered through close cooperation with Singapore Telecom. XJ U 1 UJN L* I there can mean big bucks.204 words
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Page 16 Advertisements
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Advertisement141 1990-09-25 16 WHERE TO WINE, DINE AND ENTERTAIN...WHERE TO WINE, DINE AND ENTERTAIN.. .WHERE TO WINE, DINE... Some of our best advertising is by wordof-mouth. wu/0^ For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, *****100r 338 8585ext *****/6. BUM GRILL Westin141 words
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Advertisement419 1990-09-25 16 HWT REG9JCY SNQAPORE PROUDLY PRESENTS The Best of the RARRON KNIGHTS THE VERY SUCCESSFUL INTERNATIONAL COMEDY ACT MONDAY, 1 OCTOBER 1990 TUESDAY, 2 OCTOBER 1990 at the Crystal Ballroom, 2nd floor DINNER AND SHOW $66.00 NETT PER PERSON CONCERT $30.00 NETT PER PERSON (LIMITED SEATS ONLY) Pre-dinner cocktails 7.30 pmo419 words
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Advertisement308 1990-09-25 16 Everything's fresh about v&yyj a month's renovations, "V all set to serve wu even Count oo our "new" variety of Cantonese-Thai mfenu, fine service, cosy ambience and new vahie-for-y] money set menus. It's worth a taste! Enjoy 25% off weekend lunch carte orders. r6 J?Sl S a-, SMKX»THO»TK Lp ono«308 words
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Advertisement402 1990-09-25 16 I I J PERFORMED DAILY AT I I A THE PINE COURT j MM Amidst Imperial splendour, our chefe pv I jflfß stage their highly-acclaimed performance I J f/ 'mt (I legendary Belong cuHine to the satis- hw I $f I I taction of demanding diners.To guarantee I I 7402 words
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Page 16 Miscellaneous
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Miscellaneous590 1990-09-25 16 TELEVISION AND RADIO m 'ffg'r""'"? asks Darlene to recite her po 5.30 jpidarWayM (Cartoon). BUSINESS (M HAPIO More tnte teles rc Sn ivimc uiic uuca »i gm?a;JS g 2E eHSL.^ 8-00 If a Year M«m (L). 7Jt **<*"* hayar CajL 5.15 m: Business Matters ■BAiiiiMHi (Women L) 9.00 Newt at590 words
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LIFESTYLE
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Article, Illustration819 1990-09-25 17 Bob Thomas - Liam Neeson tells Bob Thomas about the long journey he's travelled from theatre in Ireland to his first starring role in Hollywood Bob Thomas AP AS A BOY growing up in Ireland, Liam Neeson loved to be scared by Hollywood horror movies. Now he can do someAP - 819 words
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Article, Illustration653 1990-09-25 17 AP BEFORE Osamu Tezuka came along, a lot of people in Japan thought comic books were poison for the brain. But the king of Japanese comics won them over, and through his success laid the foundations for a multibillion dollar industryAP - 653 words
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Article, Illustration545 1990-09-25 17 IHASfigBQXE JOAN COLLINS returned to the London theatre last week in Nod Coward 1 Private Lives, only to leave the audience and the critics raving about a supporting performer, Sara Crowe. "A star is born and steals the show from Joan Collins," The545 words
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Page 17 Advertisements
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Advertisement217 1990-09-25 17 AND ENTERTAIN Yamagata Beef. The Exquisite Taste Of Japan. k LUNCH U NOON TO 2.15 PM «NNE*. «jgpm to £i icuPM. SPCC2AL TEPfK^NYAJU PHfIJH HA SET LUNCH SSOfIOre* person Now you can enjoy one of the worlds finest beef at the Yamagata Beef Promotion in Unkai Japanese Restaurant. Only from217 words
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Advertisement111 1990-09-25 17 Tnnil/ A Restaurant and I Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte Restaurant Hours c Karaoke Hours Mondays to Saturdays Dotty 1130 am to 230pm 7.00pm to 2.00 am Dinner. r Mondays111 words
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SPORTS
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Article, Illustration714 1990-09-25 18 AFP AUSTRALIA, impressive 5-0 semi-final winners against Argentina in Sydney, have to wait to know who and where they will play their 42nd Davis Cup final from Nov 30 to Dec 2. For while the Australians raced through their showdown against the South Americans without losingAFP - 714 words
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SIDE LINES
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Article131 1990-09-25 18 JIM DENT, six shots off the lead when the final round began, shot a 7-under-par 65 on Sunday and won the Crestar PGA Senior Golf Classic in Richmond, Virginia by a stroke over Lee Trevino. Dent's 14-under-par 202 total tied the 54-hole tournament record set131 words
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Article123 1990-09-25 18 JEAN-LOUIS Schlesser and co-driver Mauro Baldi jointly clinched the world sportscar drivers' title in Montreal in a victory overshadowed by a multiple crash which halted the eighth round of the championship on Sunday. Spanish driver Jesus Pareja was lucky to escape with only slight burns when a123 words
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Article64 1990-09-25 18 NOLAN HENKE, who failed to make the cut in five of his eight tournaments, scored his first PGA victory on Sunday when he triumphed in the US$7OO,OOO BC Open at Endicott, New York. A final round three-under 68 left Henke on 268 three strokes clear of nearest rival64 words
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Article137 1990-09-25 18 BEN JOHNSON'S decision against rushing back from a two-year suspension for drug use has been praised by track's governing body. But don't get any ideas about racing one-on-one with Carl Lewis for millions of dollars, the federation warned Johnson on Sunday. That kind of match race could get137 words
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Article82 1990-09-25 18 DEFENDING champion Nancy Lopez beat fellow-American Cathy Gerring after the first hole of a sudden-death play-off to capture the U*****,000 MBS classic on Sunday. Both players finished level seven-under on 281 after four rounds on the 6,351-yard, par-72 Los Coyotes Country Club course at Buena Park, California.82 words
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Article68 1990-09-25 18 THE United States won six of 10 singles matches on Sunday and defeated Europe 19-7 at the 15th PGA Cup at Kiawah Island, South Carolina. The Americans entered singles play with a commanding 13-3 advantage and needed only one victory on Sunday to capture68 words
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Article, Illustration766 1990-09-25 18 Paul Ramani - Paul Ramani talks to a company director and avid golfer who has some strong views about the game in Singapore Paul Ramani DEREK Mackenzie is a person who is able to mix business with pleasure. As director of Design Phase, an interior designing company, Derek's job is766 words
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Article432 1990-09-25 18 AP IN LAST YEAR'S Portuguese Grand Prix, Nigel Mansell didn't see black, and lost. This year, Mansell saw red, and won with his fire-en-gine-red Ferrari. The British driver took a shortened version of the Portuguese race this year after stewards stopped the race with nineAP - 432 words
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Page 18 Advertisements
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Advertisement16 1990-09-25 18 <o)Tnaruman (Ejjj 1 II /<9 Strong Super Parsec Aveiobtc m TT A "S" Shafts.. $850 each16 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4433 1990-09-25 19 Quak Hiang Whai - By Quak Hiang Whai WORRIES OVER the Gulf crisis, higher oil prices and prospects of an economic recession continued to affect the Singapore stock market as it fell moderately yesterday on very thin trade. Dealers said sentiments remained bearish as both retail and4,433 words
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Article3960 1990-09-25 20 Main Board CAC 346 +12 +3.6% Asia Pacific 790 +10 +1.3% C Properties 605 +10 +1.7% H Royal 190 +10 +5.6% 1 Causeway Loan 80 +5 +6.7% I U1C 116 +3 +2.7% RDC 280 +1 +0.4% S Aerospace 50* 168 +1 +0.6% Hotel Prop 1303,960 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3649 1990-09-25 21 Bernama, Reuter INCREASED nervousness over the Gulf situation drove share prices on the Kuala Lumpur sharply lower yesterday, with the market barometers, the KLSE Composite and Industrial indices both sinking below psychologically important barriers to new 1990 lows. The Composite Index nosedived below theBernama,; Reuter - 3,649 words
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Page 21 Advertisements
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Advertisement751 1990-09-25 21 INTERIM STATEMENT 1990 The Board of Directors of Bousteadco Singapore Limited are pleased to announce the unaudited results for the six months ended 30 June 1990. Group Company Half year ended Increase Half year ended 30 June (decrease) 30 June 1990 1989 1990 1989 $'000 $'000 $'000 $'000 Turnover 61.479751 words
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BT SHARE INFORMATION SERVICE
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Article119 1990-09-25 22 C—fy Date Ymt GrtHip H«t Itet urvtags Crass aaa te praftt/loss (L) pmr skara dhridaad COM) (cants) betan Sep 21 Mar 90 $21,342k($11.728) 48 5(39 1) 14(10) j Oment S«p 10 Mar 90 $1,771 ($1.0191) 5.0(—) 2.5(0.5) to Mm Sep 8 Mar 90 M$4.1261 ($2.5641) Set Dredg Sep119 words
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Article624 1990-09-25 22 Singapore Stacks Last Frii Ymt m Cam) toted Date Tear Net EPS free* M ■mod mN (carta) pn« last r«* (TOOO) Ltam IM Meruit Mar 30 Dec 89 5351(h) fee* Mi Interim Aug 11 Mar 91 4.0 2.1 3.471(0 GuMe GTS Interim Au| 31 Dec 90 0.5 666624 words
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Article202 1990-09-25 22 C—May Data Yaar tr««p pn-tax Nat aarategs Grow mm to profit/l««s (L) par shara dhrMaad ('000) (carts) Rotmson Sep 21 Jun 90 $14,714($9,368) 21.7(155) 12(10) Boustead Sep 20 Jun 90 M$52,503($60,108) 10.7(12.5) 15(15) Pan Pacific Sap 20 Jun 90 $2,267(11.720) 4.7(4.8) 3.5(3) UAC Sep 17 Jun 90 M$20,781202 words
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Article168 1990-09-25 22 Cwiwy Date ItoH-yw Group pea-tax l^ i am to profit/low (L) dlvWaad ('000) Fuji Ottset Sep 21 Jun 90 $1.510($1.699) Superior Metal Sep 21 Jun 90 $1,210($2,314) Datry Farm Sep 20 Jun 90 US$78,600($68,300) 42(3b) High Low Jun 90 Jun 90 M$19.525 ($35,418) 10(15) N0L Sep 20 Jun168 words
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Article656 1990-09-25 22 BONDS, LOANS WARRANTS i CmnhiisM CMMhilnfef CICW Before 26/4/93 1 wvrant plus $3.09 cart C—inij L— I Canmny M 2/10/89 to 20/10/9* Pinmnt pto SI cask or~Twarrant pis T SI nommal anmmt of low stock. 0—ta>Itotoe a— Hp W My* 87 to 31/12/91 1.55 wvrants pin Sl-55 cart. j Qm656 words
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Article115 1990-09-25 22 Sep 24 Stocktaking firm Kay Hbn James Capet made a public offer of 83.18 m shares at 75 cents apece. Weame Brothers' subsidiary Rank O'Connor's Singapore Pte Ltd formed a 80-20 joint-venture company, O'Connor's Fashion Singapore, with Pan Communications Pte Ltd to venture into fashion sportswear. Sep 21115 words
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Article459 1990-09-25 22 Company Rights tot MeW Oiy|M One-for-one M$080 per share Rights ssue of 11.00 nomnal amount of 5% Redeemable Unsecured Loan Stock 1990/1995 wth one Transferable Subscnptor nghts tor every two eustmg shares held. Ei-date Au| 23 Books dose Sep 6 Acceptance I Payment: Oct 19 Mm No Five-tor459 words
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Article1045 1990-09-25 22 Cwrwt Ex Bocks Date Total for Total for paywaat data cfosa payaMa tba yaac last year Nu Hdp 6% Am 28 Sep 7 Sep 26 6% 6% MOB 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) Mm1,045 words
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Article139 1990-09-25 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 Nffc 1435.43 (16/7/90) 1998 M* 1607.12 (27/3/90) 1990 Imr 1062.65 (24/9/90) UN lmr *****9 (23/8/90) 1919 M0t 1322.00 (28/12/89) 1989 M* 1487.76 (26/12/89) 1919 kmr. 917.42 (4/1/89) 1989 Imr 1030.69 (4/1/89) 1911 Ntfc 1043.86 (8/8/88) 1988 Nek 1177.87 (8/8/88) 1988139 words
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Article490 1990-09-25 22 Company Rights Issue Ncm On* tor two MJ100 per share Issue of 40m Cumulative Redeemable Preference Shares ot MSO 10 each at M$1 per share with 10m detachable TSR BaMon One-tor tow 00 per share CaaMwiy kw Caprtal reduction scheme to reduce par value of shares from $100490 words
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Page 22 Advertisements
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Advertisement89 1990-09-25 22 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS j: Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look89 words
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Article1640 1990-09-25 23 The Tokyo market was closed yesterday for a national holiday Vol Sep 21 Yen H W> Lo* CWO) Ajinomoto 1550 10 1570 1520 738 Altai 602 +2 All Nippon Airoays 1290 30 1330 1270 1046 Asahi Breweries 1240 10 1240 1200 415 Asahi Chem Industry 722 141,640 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2294 1990-09-25 23 HONGKONG stocks tumbled more than 70 points in dull trade on renewed fears of a war breaking out in the Middle East, brokers said. "There's been so much gloom and doom in the papers, you'd think the market would've discounted for most of it2,294 words
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Page 23 Advertisements
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Advertisement9 1990-09-25 23 Keep your investment decisions on target CHARTPOINIT EVERY SATURDAY9 words
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Advertisement10 1990-09-25 23 SINGAPORE BUSINESS A MONTHLY MAGAZINE OF BUSINESS TRENDS SEPTEMBER 199010 words
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REGIONAL STOCK MARKETS
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Australian stocks dive to 28-month low
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361 1990-09-25 24 Sep 21 latex la local %day LHICBCy year change la S$ day year change change la USS day year World 350.6 0.1 -24.6 -0.1 -26.9 -0.2 -21.5 *EAFE 469.0 -0.2 -31.1 -0.2 -31.4 -0.4 -26.3 Europe 364.5 -0.8 -19.1 -0.8 -16.3 -0.9 -10.1 Pacific 780.0361 words
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Article992 1990-09-25 24 AUSTRALIA'S sharemarket plummeted another 15.5 points yesterday to a 28month low due to continuing investor disinterest and brokers were increasingly nervous as the important 1400 point support level was approached. "This is really quite scary when you look at the market as a whole and realise there's nothing to992 words
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Article665 1990-09-25 24 THAI stocks edged up six points on a technical rebound after nine successive days of declines. The market also was buoyed by purchases on the blue chip counter. Brokers said it was not clear whether the upward movement could be maintained, but stressed the psychological importance of reversing last665 words
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Article734 1990-09-25 24 SEOUL stocks rose in thin trading yesterday as intervention by the market stabilisation fund helped prop up the index, brokers said. The composite index closed at 587.39, up 2.45 points from Saturday. Turnover was 76.1 billion compared with 54.1 billion won on Saturday's half-day trading. Seoul Won 000) A734 words
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Article425 1990-09-25 24 TAIWAN stocks closed at a 32-month low with the slimmest turnover for 21 months on investor worries about higher oil prices and a rumour that a major local trust company was in financial dif- ficulty, dealers said. The weighted index fell 191.17 points, or 6.38 per cent, to finish425 words
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Article578 1990-09-25 24 TURNOVER on the Jakarta stock ex change dropped to 1.94 million shares from Friday's 3.33 million and the composite index fell further to 493.94 from the officially revised 500.30. Cigarette producer Gudang Garam dominated the regular market at 302,000 shares, closing unchanged at 8,450 rupiah. Bank Duta ranked second578 words
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Article493 1990-09-25 24 PHILIPPINE share prices fell to three-; year lows on fears of violence during a; strike by leftist workers and publio transport drivers following a rise in locaT oil prices, brokers said. The Manila Stock Exchange composite index dropped three per cent, or 20.55 points, to close at 605.71, the493 words
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Article52 1990-09-25 24 Reuter THE Bombay Stock Exchange wai closed yesterday because of heavy raid and flooding in India's commercial capital, exchange officials said. The exr change is scheduled to re-open today, they said. The Bombay Stock Exchange index rose 57.30 points to 1,389.03 on Friday. The national index rose 14.56 U)Reuter - 52 words
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Article228 1990-09-25 24 Wellington NZ Cents VolfOO) Air NZ 160 -2 109 ANZ Banking 550 5 20? Anzon 25 unch Bank Of NZ 77 1 58® Baycorp Hold 7 unch Brieriy Inv 142 1 ***** Capital Mkts 84+1 61 Carter Holt 235 unch 4063 Carter Opts 27 unch 60 Cavalier Corp 157 +5228 words
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Article89 1990-09-25 24 INDICES TURNOVER ClOM Pievloas Sep 24 SYDNEY All Ordinaries Index 1413.9 1428.0 -14.1 All Industrials Index 2087.7 2108.7 -21 All Resources Index 886.5 895.3 -8.8 Turnover (million) 47.82 60.37 -12.55 BANGKOK SET Index 644.01 637.95 +6.06 Turnover (nearest *000) NA 7,875 JAKARTA Composite Index 493.94 500.30 -6.36 Turnover (nearest *000)89 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration705 1990-09-25 25 David Gabriel - THE SAN^Kj^NC[L e* David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs,Charts by TeleTrac - 705 words
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Article389 1990-09-25 25 Cross rates Sep 24 I USS SS MS Dm Yen SFr AS NZ$ US$ 1.7680 2.7010 1.5775 136.05 0.5407 1.3175 1.2048 1.6142 SS 0.5656 1.5277 0.8923 0.7695 0.3058 0.7452 0.6815 0.9130 MS 0.3702 65.46 0.5840 0.5037 0.2002 0.4878 0.4461 0.5976 Dm 0.6339 1.1208 1.7122 86.24 0.3427 0.8352389 words
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Article559 1990-09-25 25 Interbank rates S$ Bid Offer Overnight 5 1/2 5 3/4 1-month 6 7/16 6 9/16 2-month 6 7/16 6 9/16 3-month 6 1/2 6 5/8 Overnight mode. 6-3/8 L'SS Bid Offer 7 days 8 9/16 8 11/16 1 month 8 1/4 8 3/8 2 months 8 3/16 8559 words
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488 1990-09-25 25 REPORTS STERLING yesterday firmed about two pfennigs against the deutschemark and more than a cent against the US dollar on news that Britain's current account deficit narrowed to £1.13 billion in August from a revised £1.68 billion in July. However currency dealers said488 words
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Article1221 1990-09-25 25 SIMEX Open High Low Sett Est Vol Op/lnt Vol Dec 90 91.83 91.85 91.82 91.83 5300 ***** ***** Mar 91 91.88 91.88 91.85 91.86 1200 8103 4283 Jun 91 91.74 91.74 91.72 91.74 200 2100 1192 Sep 91 91.32 91.53 91.52 91.53 10 651 430 Dec 91 9I.28A1,221 words
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COMMODITIES
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411 1990-09-25 26 MBT THE effect of the Gulf crisis on prices of Malaysian commodities apart from petroleum has surprisingly been minimal. In fact, the crisis appears to have no influence at all on the cocoa and tin markets. Wars have always been associated with rocketing pricesMBT - 411 words
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296 1990-09-25 26 AFP A MASSIVE increase in rice production is needed over the next 30 years to avert potential famine, the International Rice Research Institute (IRRI) said in an annual report. The spread of urban centres, lack of new technological breakthroughs on cropAFP - 296 words
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834 1990-09-25 26 REPORTS TIN PRICE continued its gentle uptrend on the Kuala Lumpur Tin Market to finish 12 sen higher at M$ 15.50 per kg on scattered buying interest from Europe and Japan. The day's turnover, however, dropped to 80 tonnes from 88 tonnes last week.834 words
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Article1326 1990-09-25 26 Rubber Sep 24 S cents/kg Noon Owe Int 1 RSS Prompt 154.25/155.25N 154.7V155.75N Inl I RSS Oct 90 154.7VI55.25 155.2VI55.75N Int I RSS Nov 155.50/156.00 156.00/156.50N Int 2 RSS OP 150.00/152.00N 150.00/152.00N Int 3 RSS OP I45.50/147.50N 145.50/147.50N Int 4 RSS OP 141.50/143 50N 14I.50/I43.50N Int 5 RSS OP1,326 words
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Page 26 Advertisements
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Advertisement1060 1990-09-25 26 NOTICES HAI SUN HUP GROUP LTD (Incorporated in ot Singapore) LOST SHARE CERTIFICATES Ncwoa heratoy flixwi t»l»» Mowing corflticales hawe been reported lost. nwl»d or destroyed CtrNcMNw InMteMwweoJ No.o»S»»r»« H*****49 May bar Nominees (S) Pte Ud Ixl.ooo H*****01 D G Nominees P» LM Ixl.ooo Noftce *o hereby gwen trvat replacement1,060 words
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Advertisement15 1990-09-25 26 Read Chartpoint, a guide Co investing in the stock market. Every Saturday in Business Times.15 words
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Article1020 1990-09-25 27 caty Fight ETA FNdrt ETD Oty FHgM ETA Wgt ETD •te BkaU GA893 1045 GA892 0010 MH630 0930 MM DtuM laAByj ook) SQ103 0950 MH604 0700 GA974 2359 MH605 1020 SQ104 0830 SQ105 1050 MH670 0950 SQ107 1305 SQ106 1045 ktMM SQ226 2035 QF82 2200 SQ1091,020 words
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THE TRAVEL PAGE
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Article, Illustration662 1990-09-25 27 Michael Stott - LETTER FROM RIO DE JANEIRO By Michael Stott Residents used to describe Rio de Janeiro as "The Marvellous City" because of its unique combination of breathtaking natural beauty and sophisticated devotion to pleasure. But Brazil's biggest city has slipped almost into oblivion. Citizens say662 words
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Article152 1990-09-25 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.460 1.480 Canadian dollar 1.519 1.539 NZ dollar 1.085 1.113 Sterling pound 3.260 3.290 US dollar 1.7625 1.7725 Local dollars to 100 raits of foreign currency Austrian schilling 15.80 16.80152 words
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Article70 1990-09-25 27 Duration Title Venue Otjaniaer Tej Sep 24-30 International Bulgaria Fotre 1/*****146 Technical Fair Internationale De Plovdiv Sep 25-29 International Austria Werner Messen 222/*****4 Trade Fair for Und Congress Production A G.m.b.H Finishing Techniques Duration Title Venue Orpaif Tfrl Sep 25-30 International Spain Fena Muest- 6/*****00 Furniture Fair70 words
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Page 27 Advertisements
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Advertisement56 1990-09-25 27 S ~T~ U ,us ncs l P^ rs,,n thoia- mr\ hioilj\. I J g I m I lhurHl.n.Saturilj\ .iinlSunil.iv. I c.i\ini;( hanp t I 1 W I \irport it hours ,iml irrixinj; .it I i>>;.in ■J S JL -J A lntirn.itinn.il \irport the following Jj*. A MI:K \i II (»i56 words
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Advertisement52 1990-09-25 27 jn^^R i iyfl I Jr^ Si Jf/'JBI -a Tracy Gao It's in the eyes of ihe beholder... ...Or in the opinion of viewers, when they take part in SBC's Star Search. Go right into our centrespreads today and tomorrow for the help you might need to pick the winner from52 words
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Page 27 Miscellaneous
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Miscellaneous313 1990-09-25 27 6 Where one should yawn when late (6-4) r 8 A few like this with me (4) LmJ U bBB" HB 9 Boy shortly returned with energy and a twitch, suffering from indigestion (9) 1 Scope for ducks in the Ma- 12 The first person to perform in an international313 words
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Miscellaneous209 1990-09-25 27 Singapore Outlook: Showers over several areas in the morning. Report Max temp 31.6 assoc humidity 65% min temp. 22.7* c assoc humidity 98% hrs of sunshine 7.10 rainfall in mm 47.2 rainfall this mth 163.6 rainy days this mth 13 World report Asia-Pacific Hi/Lo* Cond. Auckland 16/08 Fair Bangkok 34/26209 words
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Miscellaneous13 1990-09-25 27 RHSJJfJSnWWWWI I'r* \u for some Pe*OPS OF C EVtMMOITAMOAJW CO. LTO. IMI-UM |M>13 words
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452 1990-09-25 28 Reuter AN INTERNATIONAL financial services company gave a gloomy economic outlook for the Philippines as communist guerrillas scrapped a ceasefire with President Corazon Aquino's government, and right-wing army rebels gave another warning that they would overthrow her administration. International financial servicesReuter - 452 words
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229 1990-09-25 28 Reuter RUPERT MURDOCH'S global media and entertainment group News Corp has threatened to shift its headquarters outside Australia if it is not allowed to change its share structure, newspaper reports said yesterday. The reports sent shares in News Corp tumbling 60 cents to AReuter - 229 words
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Article, Illustration564 1990-09-25 28 Chuang Peck Ming - Economic reforms will boost Singapore-Soviet trade By Chuang Peck Ming in Moscow A SOVIET UNION that has made the adjustments to fit into the free market economies will, because of its enormous size, make a big impact on the Pacific Basin economies, Prime Minister564 words
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220 1990-09-25 28 Reuter THE GOVERNMENT of Prime Minister Margaret Thatcher, which takes credit for working an economic miracle in the 1980s, on Monday rejected claims by industry and opposition politicians that Britain was sliding into recession. Chancellor of the Exchequer John Major, who hasReuter - 220 words
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Article, Illustration758 1990-09-25 28 The Bottom Line THE CRISIS in the Middle East will be a severe test for the countries of Asean which are aspiring to be in the club of the Newly Industrialising Economies (NIEs) before the century is over. In the *****, the four 'tiger' economies758 words
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Article188 1990-09-25 28 Reuter PRESIDENT Mikhail Gorbachev, in a last-ditch bid to avert a political crisis, won support from the Soviet parliament yesterday for a fresh postponement of a decision on how to proceed to a market economy. After an impassioned speech from Mr Gorbachev, deputies to the parliament,Reuter - 188 words
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Page 28 Advertisements
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Advertisement23 1990-09-25 28 PugeT KMIIJJER EN HORLDGERIE DEPUB 1874 GEN&VE M Ample Parking at the carpark behind our restaurant (next to Capitol Theatre). yup #Rg| Omit23 words
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Advertisement50 1990-09-25 28 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and vou ace looking for office space (with business support facilities) we have various sizes for vou to choose. Our prices for a week is equivalent to a night s stay in an Orchard Road Hotel. Phone: *****4650 words
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Advertisement285 1990-09-25 28 PlvgeT JQAILUER ENHORLQGERIE DEPUISIB74 GENIVE Bp M nanyang TECHNOLOGICAL I INSTITUTE (To be reconstituted and renamed the Nanyang Technological University in 1991) EOTECHNICAL OFFSHORE STRUCTURES This course on geotechnical offshore structures is an introductory course primarily for those that have no or limited experience in the h design and construction285 words
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Shipping Times
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Article, Illustration422 1990-09-25 29 Rahita Elias - By Rahita Elias TAIWANESE shipping major Evergreen Marine, which is gearing up to be a total transport company, plans to set up warehousing and container terminals in Asia. MrKH Chang, Evergreen president, told BT in Taipei recently: "We are looking at the422 words
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320 1990-09-25 29 THE Ngow Hock group, which owns listed Thai company Regional Container Lines, is certain to be one of the two private operators of cargo terminals at Laem Chabang port. Sources said this was because Ngow Hock offered high profit-sharing to the Port320 words
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318 1990-09-25 29 CHINA is to send a delegation of eight experts to Hongkong to discuss the financial feasibility of a controversial new airport project in the territory, a leftist Hongkong newspaper reported on Saturday. The delegation is expected to arrive in October for talks318 words
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352 1990-09-25 29 Reuter THE Australian Labour Party approved the sale of 49 per cent of Qantas Airways and 100 per cent of Australian Airlines at a meeting yesterday which also paved the way for the privatisation of the country's telecommunications companies. Private enterprise will be invited byReuter - 352 words
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Article, Illustration430 1990-09-25 29 Khaidir Abd Majid - By Khaidir Abd Majid 'K' LINE has started using Port Klang as a transshipment port for transporting vehicles to Europe. The port was selected because it was already a loading port for Malaysia's Proton Saga cars heading for the European market. The430 words
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NEWS SUMMARY
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71 1990-09-25 29 PHILIPS China Hong Kong Group, a wholly-owned subsidiary of NV Philips Gtoeilampenfabrieken, has won a US$l million contract to supply and install an advanced digital telephone exchange system in the Chinese port of Qingdao. The system, comprising a network capable of handling 4,000 private71 words
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Article38 1990-09-25 29 THE Thai shipping industty finds itself in an unpleasant situation watching its own share of seaborne traffic declining, while the country is in the midst of a boom in its international trade Page 238 words
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35 1990-09-25 29 THE Soviet Union is looking at opening an Arctic shipping route that would considerably shorten the distance for cargo ships to ply between the Far East and Europe. Back Page35 words
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41 1990-09-25 29 THE drastic cut of almost 84 per cent in the quota of liquefied petroleum gas (LPG) to the shipbreaking industry in Gujarat, has precipitated a major crisis in India's shipbreaking industry Back Page41 words
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LOG BOOK
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74 1990-09-25 30 DEUTSCHE Lufthansa AG has cancelled its plan to expand by leasing 15 airplanes later this year after it made an operating loss of 300 million marks during the first half of 1990, Spiegel said. The weekly magazine said the state-owned airline had reduced its net74 words
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Article86 1990-09-25 30 THE Panamanian government announced plans on Saturday to privatise Air Panama and three other state-run companies in a bid to reactivate the country's sluggish economy. A government spokesman said Air Panama, the Atlantic Banana Corporation, a palm-oil refinery and an agricultural development project will soon86 words
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Article55 1990-09-25 30 ALL Nippon Airways Co Ltd (ANA) will not carry out any new equity financings in the immediate future due to a standstill in the markets, an ANA spokesman said. "It is difficult to raise capital in the markets now but ANA might resume equity finance55 words
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Article82 1990-09-25 30 BRITISH AIRWAYS withdrew its fleet of nine Advanced Turbo-Prop aircraft for checks on Friday after the crew of one plane had problems lowering the undercarriage. A British Airways flight from Glasgow, Scotland, with 53 passengers aboard, had to circle Birmingham Airport once before landing on Thursday82 words
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81 1990-09-25 30 INDIAN Airlines will seek talks with Airbus Industrie officials in New Delhi to request a further delay in the delivery of four Airbus A-3205, the Press Trust of India said on Sunday. The extension was needed because the airline was busy with an airlift81 words
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Article61 1990-09-25 30 TWO of the three British Advanced Turbo-Prop aircraft ordered by Biman Bangladesh airlines for its fleet arrived in Dhaka from Britain. The two new 70-seater planes are to begin operating on domestic and regional routes from Oct 1, and the third plane is expected61 words
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Article48 1990-09-25 30 MATSUSHITA Electric Industrial Co Ltd has established Matsushita Avionics Development Corp in California to develop in-flight communications equipment for airline passengers. It said the unit was formed because the demand for these products has risen due to the current expansion of aircraft manufacturing.48 words
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Article, Illustration1349 1990-09-25 30 As exports surge, the small Thai shipowners find their share of seaborne traffic dwindling Lloyd's Maritime Asia THE Thai shipping industry finds itself in an unpleasant situation watching its own share of seaborne traffic declining, while the country is in the midst of a boom inLloyd's Maritime Asia - 1,349 words
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Article936 1990-09-25 30 Sept 20-28: Chartered Insurance Institute conference, Bristol. Sept 23-28: Tanker management and operations, Cambridge Academy of Transport course at Selwyn college, Cambridge. Sept 23-28: Container distribution, Cambridge Academy of Transport course at Selwyn College, Cambridge. Sept 24-27: EDI Asia '90 at the Hongkong Convention Exhibition Centre, organised by936 words
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Article944 1990-09-25 31 Page Col I ~1 ABC Containeriine 13 5 Accord Group 8 1-3 Albatros Sea-Air 14 5 APL 5 3-5 APC Line 14 4 Arrow Lines 9 5 •ASCL 5 1 ANL 3 1/2 Avant Shpg Lines 6 2/3 I B "1 Bait Canada Line 7 4/5 Bait944 words
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Article12589 1990-09-25 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum12,589 words
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Article3312 1990-09-25 43 .A.BC Coataineriine NV: Belsin Shpg I Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ud (SyAccord Contr Une (PK/PN). Adkris Business Corporatioa Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahrenkiel Liaer Service Kim Shpg A Trdg(S). Alhatros Sea-Air Service Frata Shpg Pte3,312 words
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Article231 1990-09-25 43 Abacas Coariers Td. 545-8011, 448-6415. Air Express Service Td: 533-5771. Fax: *****44 irDorne rrttgni i orpomiion Td: 542-8844 Fax: *****16, *****80. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Liak International Td: 344-3377. Fax: *****50. Ctaster liak Sappiies A Services Td: 296-5720. DHL lateraatioaal Td: 344-8911. Fax:231 words
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Article1400 1990-09-25 43 Ahex Express Freight Tel: 542-7171. Fax: *****84. T< Actinic Forwarder Td: 225-1833. Fax: *****42. Fi Td 22*Fm: *****20. Aerotiak Freight lateraaOoaal Td 545-8033. Fax; *****05. G Td:'s42-5911. Fax; *****18. C Air Cargo Novo Express Td 542-5454. Fax: *****06. Air Expreaa International F Td 542-7666. Fax: *****74, *****50. Air1,400 words
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Article2851 1990-09-25 44 ARGENTINA Bmot Aires: Two vessels collided at km 7in the access channel on Sep 15. The incoming vessel ran aground on the north side and the channel is further obstructed bycontainers which fell overboard The channel is temporarily dosed, novessels are allowed to enter/sail until all lost containers2,851 words
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Article528 1990-09-25 44 ARRIVALS DEPARTURES Op Right Type ETA From Op Flight Type ETP T« TODAY TODAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL617 B747F 0345 NRT ORD/LCK/ CLX CV7971 B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYD/AKL528 words
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Article707 1990-09-25 44 SHIP SALES TANKER RATES Reuter, AFP FOUR vessels were reported sold to Londonbased interests, on subjects, for around US$29 million en-bloc. They are the dry only combination carriers: New Phase (155,450 dwt, built 1972) and Oscar IL (103,480 dwt, 1971) and the bulk carriers Lady Bird (131,260 dwt, 1974) andReuter,; AFP - 707 words
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Article292 1990-09-25 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep N—e of Veaad ETA ETP Pwt Aft PmH ttCatk OCTOBER 02 02 Song of Flower 0800 2200 Neptune Agencies Sin-Seribu-Semarang-Bali-Semarang-Senbu-Sin 03 03 Royal Viking Sea 1100 2359 Barwil Agencies Sin-Bangkok-Sin 09 09 Royal Viking Sea 0800 1800 Barwil Agencies Si^K.eUn^B^i^Madras14 15 Song of292 words
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SHIPS IN PORT
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Article593 1990-09-25 45 1mmt >■> WW 90A K30 alongside 28.09/0600 Continent 1 8/90 K33 alongside 27 09/2300 Frotasantos 57tB K31 alongside 24 09/1200 Hwnda 14 1/90 K32 alongside 2709/0130 > Marchioness 78 K34 alongside 28.09/0600 Asian Cosmos 8 K29 24.09/1730 27 09/1500 Bai*ar Unm 490W K15 25.09/1500 2709/1500 Kota Ekspres593 words
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Article1268 1990-09-25 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record M*|/Mnct tab Sty> Voy No Etb/Wr hriod From To Fran ta to* 38 27/0100 i 24/1500 24/1659 24/1900 3 25/0700 25/1159 25/1400 Ad Gonetaro* 32S80 27/0700 1 24/1500 24/1659 24/1900 Ad Goncharov 3ZSB0 25/1200 25/1459 25/1700 Amata KCN009 27/07001,268 words
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Article947 1990-09-25 45 CHARTERING on the dry cargo freight market ended quietly amid confirmation of easier US Gulf to Japan grain fixings, brokers said. Late yesterday details emerged of US$ 19.90 paid for this business and today dealers said that US$2O had also been paid. Market talk of this prompted sharp947 words
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Article350 1990-09-25 45 Pfrt Klmg Sauth fort an Sap 24: Sanko Laurel berth 3; Chueng Hing berth 4; Pacific Samudra berth 7; Sutra berth 7A. KCT: Thana Bhum berth 8; Ocean Sinus berth 9; An Chun berth 10; Jacek Malczewski berth 10. North fort Yang Cheng berth 11; Song Kam350 words
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Article356 1990-09-25 46 THE Soviet Union is looking at opening an Arctic shipping route that would considerably shorten the distance for cargo ships to ply between the Far East and Europe. Shippers from Europe to America are eager to transport cargo through the route, which stretches beyond the northernmost356 words
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315 1990-09-25 46 Shirish Nadkarni - From Shirish Nadkarni in BOMBAY THE drastic cut of almost 84 per cent in the quota of liquefied petroleum gas (LPG) to the shipbreaking industry in Gujarat, has precipitated a major crisis in India's shipbreaking industry. The slashing of the quota from 4,000315 words
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225 1990-09-25 46 AP THE Romanian government has opened talks with union representatives of the 25,000 workers who have paralysed shipping with a week-long port strike. The strike launched last Monday has brought the Black Sea port of Constanta to a standstill and cost the beleagueredAP - 225 words
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Article, Illustration277 1990-09-25 46 The Gulf Crisis Reuter A LEADING underwriter from Lloyds of London said the insurance market was justified in a heavy increase in premiums on Gulf shipping after Iraq's invasion of Kuwait. "I don't think we can be accused of over-reacting. I will leave historyReuter - 277 words
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Page 29 Advertisements
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Advertisement504 1990-09-25 29 HSWEE HBdG METAL CO PTE LTD U TUA3 AVC 14. StMOAPOfX 22M TELEX RS K»T$ 9MMCPL TEL: Ml 5955 (sHtml TELEFAX: Ml mt Ihv Mitf* tmiMmirH* to» sr»*r. nnm AlaVi IPU IIH 1 •£]«*.<; tarkl* IH //grflJflMUlP ILPG HNCAPCW* MALAYSIA •DM A IPG rMLNviNU*""' 1 IKMIra HyOrOAUAc )«l»f in Tw*l•504 words
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Advertisement53 1990-09-25 29 A* Forwarders 15 Mr Fra#tScM* 16 Contamr Schedule 17 Comer Services 15 Craai Ferry schedules 16 MyFntffe 17 A- fc. a- 4 moo id Wvu8cfi.......... hi I <9 Port Confluns 16 sm*** is Stanwi Gwdt 10.11 Sapolß/TMINr li Shps Pwt 17 Snppore THes 17 Transport Dixy 2 Weather and Sea53 words
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Page 30 Advertisements
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Advertisement165 1990-09-25 30 PRESS ANNOUNCEMENT TO WHOM IT MAY CONCERN Re: Cargo Consigned to Kuwait and Iraq Ex Vessels: Cecilie Maersk Voy 9011 Trein Maersk Voy 9003 Cornelia Maersk Voy 9011 As a Consequence of the blockade of the port of Kuwait following military action taken by Iraq; because of the imposition of165 words
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Page 31 Advertisements
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Advertisement2186 1990-09-25 31 JAROINE SHIPPING AONOCI 200 Cantonment Road #12-05 Soottipomt. Singapore 0208 vilify T«l *****11 TELEX NO RS ***** IfTTTIII TERMINAL/CFS Tel *****1S 220 K CQQGq r l bookings Tei *****34 235 L. \hftj A PESAKA JARDINE SHIPPING AGENCIES SDN. BHD PORT KELAN6 TEL: *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX2,186 words
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Advertisement27 1990-09-25 31 Linos aid services represented Meeibert of the Registry of Accredited gfglii For advertising and circulation enquiries, contact Business Times Tel 737-8800. Fax 235-9320. I EXECUTIVE 1 JOBS27 words
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Advertisement2104 1990-09-25 31 Veeeei Voy ETA ETD 'Port -Peoang t K»t«ng DESTINATIONS TN Marcher 9006 CMig Tim# Feeder by CV 2/10 0400 MRS y Fereo 4 H|^B CFS 1/10 23SS MRS M Tauro OAK LOB HOU MEM ATL MIA CHS BAL PHL NYC MON TOR M 25/9 26/9 "std Tsw 13/10 15/10 I2,104 words
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Page 32 Advertisements
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Advertisement1103 1990-09-25 32 II II ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BREMEN EXPRESS 96/515 2M 23/10 17/10 19/10 18/10 22/10 BENAVON 98/518 30/9 17/10 20/10 22/10 KATSURAGI 02/517 4/10 29/10 23/10 25/10 22/10 28/10 BENALOER 97/522 7/10 24/10 27/10 29/10 HAMBURG EXPRESS 98/521 11/10 5/10 30/101,103 words
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Advertisement467 1990-09-25 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 28/9 9/10 12/10 17/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/9 30/10 31/10 3/11 Aho *cc«ftin| Cargo to Callao (Poni) vU Valpa Ag«nts: SINGAPORE: *****56467 words
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Advertisement1419 1990-09-25 32 El MNUkAmtA MR REGULAR tNOePEHDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL PEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HMD 2 5! N £?.2l?;L nim M/M 17/10 19/10 2210 21/10 23/10 24/10 2- 20/10 22 10 WO 2g 10 30 10 29.10 311,419 words
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Page 33 Advertisements
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Advertisement1701 1990-09-25 33 S*— steamers Maritime Holdings Ltd P&O Tig STRAITS SHIPPING] Containers m ACCEPTS DOE SAILS ft* No P Klang S'oor* s-tor H'burg BW IT Urn, La* BREMEN tXPHESS «/515 M*24« 2MB 23/10 17/10 19/10 16/10 22/10 KNAVON 9MII BAB 2409 7MB 17/10 I*lo 21/10 MERCURY JAOC VOX Muara. KK, Wri, Bint1,701 words
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Advertisement1705 1990-09-25 33 SP LH RDM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANG PARK 010W W 11/10 19/10 20/10 21/10 23/10 CHOYANC SUCCESS 010 C 1/10 4/10 5/10 1/10 11/10 HANJIN OAKLAND 010W 7/10 24/10 25/10 21/10 21/10 29/10 HANJIN HAMBURG 002E 11/10 15/10 11/10 19/10 CHOYANC GLORY 001W 13/10 31/101,705 words
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Advertisement367 1990-09-25 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHUN ASIAN TRADER KUAN STAR VOY. NO U US Sport 27/9 1/1R u/u P *•<»"« »/> J/10 14/10 P*nati| Honj Kont Yokohama 24/18 Na«oya I*lo a/10 20/10 Sonbofcu 16/10 Kathtma UnrhiMiMt nocfiimtnn M •For Discharging Only NOTE: ALSO CALLING367 words
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Page 34 Advertisements
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Advertisement581 1990-09-25 34 CR NBR **********0-O EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE WA;VOY S'POOE ROAH/AOA* H'BURG MOKN ANTOtRP ■ATARAH27WB O-Ufl Ml MOl *fll »U «S»l IH3/W mi I*ll ***** S/U suiwjata/ww inyn 1w Ufa aiu nu FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO 9Utyact to MuoaiwnL ANo acoaptog caigo to CaMbtanca, Port Said, Port Ahnndrla,581 words
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Advertisement610 1990-09-25 34 ChHANJIN SHIPHNG I \C2JL FULL CONTAINER SERVICE S pere LeHavre R'Oan M'kurf 8 haven Fitowe FEEOER VSL SIN LINE HAUL LAX OAK HANJIN FELIXSTOWE 004W 21/9 11/10 12/10 13/10 15/10 16/10 CHOYANG SUCCESS 01« 1/10 H KUNSAN OStt 20/10 20/10 CHOYANC PARK 010W 29/9 17/10 10/10 19/10 21/10 22/10 HANJIN610 words
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Advertisement1164 1990-09-25 34 -4f i H-TrH-ldJ" WRk IPKL SCP HUG KSG KLG PUS NKT OSK SBU TYO LAX SFC CNS BAL NYC LMV ANW RW FLX UN I I GRACE DC-OS 2*o 27/0 2/10 4/U *10 *10 I*lo 12/10 14/11 I*lo 2*lo /|U U/U «U 21/11 ***** 23fU M/U W I I GLEAMY1,164 words
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Page 35 Advertisements
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Advertisement1409 1990-09-25 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 mW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA ccoo, ccoo* K.L-(03) *****33, P.Kelang-(03)1,409 words
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Advertisement1192 1990-09-25 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (RE6ULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUWD LOADING FOR WESTBOUND Ytsstis vQTAg |m Immu I HKOwt ww/tg swot woahc H>U<tC t-HAVtW THJUHT HOTT1,192 words
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Advertisement1344 1990-09-25 36 I \jC\ K line KAWASAKI KISEN.KAISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST /FT tot* «SS£L voir -moo IkTI «ot*r vessel rU OM CT. NfCJ I I B T Su* L W "w jw[ 11 l&ssir" 3 IsEkTss st%sb Iv srrasr s as a a Is1,344 words
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Advertisement1146 1990-09-25 36 vjm PHIII-OftteNT UN€S PTC LTD I r VP 108 ROBINSON ROAD 407-00 GMG BUILDING SINGAPORE 0106 1 TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX: *****76/*****38 sJSMX BY AIR, LAND OR SEA S^KsiW WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "hST 29 SEPT MONTREAL, OTTAWA,1,146 words
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Advertisement1387 1990-09-25 37 PACIFIC INTERNATIONAL LINES (PTE) LTD MMgPlLßu«ding, 140 Cecil Street KttOO. Singapore 0106. vessel VOY «N JKT sm vesseL voy SIN en* sin NAJ QUAMQ 3758 2M ZU% HAI HUI MM M/B W% 2/10 EOCM «0W 17/t W% VlO PCOASUS ftOMCCR IMN W% tut V\% KOTA PAJUANO 07S8 M trt# PCOASUS1,387 words
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Advertisement1020 1990-09-25 37 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint M Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO BK/CONTWBi? VESSEL |VQY SPORE P KLANG" S'HAMPTON HAMBURG B'HAVEN ffDAM L'HAVRE" Tokio Express* 95/514 24/9 Via Ban 10/10 13/10 15/10 Bremen Express 98/515 28/9 22/10 16/101,020 words
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Advertisement323 1990-09-25 37 MYANMA P& FIVE STAR UNE ■V' (Myanmar National tin*) Loading for Yangon (Rangoon) S'port P.KI| Pm P.fl<| PAGAN VI6IW In Pt MAGWAY VUW Pt WW MCRGIII VIQ2W 4/7 OCT PAGAN VIS2W 12/11 OCT MYOMAYWA VUIW 14/20 OCT THE BANK UNE (A t#rvic# o4 Aftdrtw SMpf**) VvF $£MI-COMTAIt4CII SERVICE HEAVY LIFT323 words
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Advertisement805 1990-09-25 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO WORTH CONTINENT OUTBOUNO SIN FIX BRV ROM ANT HBC RST MECKLENBURG V* Dfi 21/11 23/18 22/18 24/ M 27/ M MUBUN UN WFOO 82/18 Jm 25/18 2*AO 28/18 M|M GERMAN UN WFO44 1/10 31/10 1/11 2/11 4/11 8/11 n pkcko/m ia» uii i/u805 words
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Advertisement1161 1990-09-25 40 O&OSBELu CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM CMMUMTM SBVICB TO: FAR EAST PORT KELANG 28/9 5/10 MANILA 29/9 ft 8/10 PENANG 28/9 ft 5/10 BUSAN 4/10 A 10/10 BANGKOK 3/10 7/10 TOKYO 27/9 4/10 HONG KONG 1/10 5/10 YOKOHAMA 27/9 A 4/10 KAOHSIUNG 30/9 7/10 KOBE 4/10 11/101,161 words
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Advertisement312 1990-09-25 40 ESBH LOAtXNC FPU LOADING FOR BUENOS AIRES vessel [mm cro dm iamks m»*o m *it (MSAREI IVM m* W 17/U Ufll OTT MOvrwEEN I imi all *U- 17/11 mu- wu VMM PISCHABCINC FM BRAZIL ONLY i——^ SPORE M W RUSA* TOR MO KM ■os then i am www VJBBJ Regular312 words
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Advertisement1208 1990-09-25 40 fe tm to. W CHINA OCEAN SHIPPING COMPANY w 2, MIST RI ROAD, KMC BUILDING ■-n-' -.B, 1 #15-00, Singapore 0207 FULL CONTAINER LINER SERVICE ma iS 58^^ CR NO: lIKMOOOM CAI^COStS|« General Agents: COCTAR fIWHU PR LID nsstw FIX ROT HAW AWT OKK VESSEUVOY FU ROT NAM AT IKK1,208 words
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Advertisement1059 1990-09-25 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 29/9. 5/10 EUROPE all Ports 28/9, 6/10 BANGKOK 29/9, 2/10 HONGKONG/CHINA 27/9, 4/10 SYD, MEL, ADEL, BRIS 27/9, 3/10 FREMANTLE 27/9, 4/10 MANILA 28/9, 5/10 PKLG/PENANG 30/9, 7/10 Fort Katang Branch Tal: *****21/2/3 Fax: *****24 Panang1,059 words
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Advertisement816 1990-09-25 41 w_P.T. MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA 1 THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INOONKtIA SERVICE I VSL VOY SIN816 words
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Advertisement603 1990-09-25 41 BANGKOK CEBU/MANILA jvtup. I VOY ywvw baiwmk [vtwa [voy ipow com mawu 1 NANTA BHUM 00N Ned 26/9 Sat 29/9 SO ORIENT 39* 21/9 4/10 108 SIRI BHUM# 464N Fri 21/9 Mon 1/10 KITI BHUM 40S 5/10 U/M 13/10 MAHA BHUM# 20N Sun 30/9 Ned 3/10 SO ORIENT 41R 12/10603 words
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Advertisement312 1990-09-25 41 WE HAVE GOT THE FASTEST j TRANSIT TIME TO AUSTRALIA! :< NEXT VESSEL: ellen hudig i ETA 18/10/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vri Wfi fli H—i AM fmlUm Uv S'pwre HUDIG 21/9 Kg 14/S BBUSSEL 29/9 11/10312 words
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Advertisement1233 1990-09-25 42 MAC-NELS SINGAPORETEL limit] MPOMT tel 22i6oir| PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P— p KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 l-IVvX" J BAHRU TEL; 7 *****2 SIBU TEL: (084) *****21 LABUAN TEL: (087) *****9 V W V JAKARTA1,233 words
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Advertisement520 1990-09-25 42 ftfEfc BLUE STAR LINE SINGAPORE TO UNEW ZEALAND AND T/S FIJI PHI i.Y CONTAINERISED MONTHLY SAILINGS DISCHARoINOATNCTPI.VMOL'THiPORT PHALMERS ACCEPTING FCL LCL FOR AUCKLAND S/CPIER. WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON INVKRCARGIL, FIJI AND TAHITI SIN N. PIT AUCK IYT PREMIER OK 2t Sap 10 Oct Via NPt 12 Oct MULBERA ITS520 words
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Advertisement825 1990-09-25 42 JZEi THONG SOON LINES PTE. LTD. JkyH 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm. hw ten tar mm m eh lan KIM SOON LI 37/90E 22825 words
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Advertisement330 1990-09-25 42 w ■CTVYTiiSKnr»TIT*IIT3RT3I hmmhmmmm i IRANIAN »E*VICE Singapore Loading »«r:SILVER CHARIOT PJL Oil In Port Band* Attn (NatlMal Um Of Mndet) 11. WEST C9AST/MDOC9/CBITML AMHIICA CMTMO KRVKI t i i HM LB ERKNACA LCARDCHAS S.CSUZ MWM| tolucavu ad a/M an ant apt uu mtu to an an Tru Iru mi mi330 words
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Advertisement10 1990-09-25 43 'T~Yt ISI TEL: *****00 FAX: *****80 Wa r l.'rs 110 words
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Page 44 Advertisements
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Advertisement45 1990-09-25 44 lISSSI tUkurk/S.LA. MUKIULK SEWttt VESSEL KRISSA SINGAPORE 12/10/90 Read Chartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times. Oweiw Bulk Like KKU SIN PKL DESTN ACROPO LIS/***** Sid Sid Sid FLU/ANT/UK/NTS SINGA SKY/***** Sid 26/9 FLU/ANT/UK/BFS BLUEBELL SUSAHNAH/***** 9710 10/10FLU/ANT/UK(HUL)45 words
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Advertisement91 1990-09-25 44 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S parc P. Gutong Pen Loadin| For GUANCSHUI In Pt HUANGPU/SHANGHAI DA Of In Pt HUANCPU OA DONG HAI VlO W HAIKAO/SHANTOU JIANCHANC In Pt HUANCPU CHANGOU S/M 7/10 HUANCPU/SHANTOU LHJU WlO HUANCPU/XINGANG YUQINC »10 11/10 HUANCPU/SHANGHAI SCHINDON TRADE FREIGHT SERVICES 47 BEACH RD,91 words
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Advertisement44 1990-09-25 44 «T*l: *****27 F«K: *****30 Tl*: RS 433®4 METCO CR No: limMOflflQK VESStI VOY WO. SIN HAA CAL TIGER RIVER 106CNB 26/09 02/10 ILOVIK 129N 23/09 30/09 TIGER CREEK 106CNB 27/09 06/10 ALCOR 130N 31/09 07/10 TIGER RIVER 107CNB 10/10 17/10 ILOVIK 131N 06/10 12/1044 words
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Page 45 Miscellaneous
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Miscellaneous430 1990-09-25 45 TIDES AND WEATHER TOOAVS TIDES (heglit in metres) HOW 0000 0100 0200 0300 0400 0500 KM 0700 MM OMIOOOII6O 1200 *****4 M 15M 16M 17M IMOIMO2OM 21M 22M23M It 1.6 2.0 12 12 2.1 1.7 LI 1.0 1.0 1.0 1.2 1.6 2.2 2.7 2J 2.7 2.4 1.9 1.4 1.0 0.7430 words
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Page 46 Advertisements
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Advertisement405 1990-09-25 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL jm. SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG OHRMAZD 7-9/10/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 27/9/90 30/9/90405 words
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Advertisement742 1990-09-25 46 /-HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNOAI PIONEER 35E 29/09 04/10 22/10 24/10 Z7/10 26/10 HYUNDAI INNOVATOR 34*1 20/01 23/06 26** 13/09 21/01 LALANDIA 35E 6/10 11/10 29/10742 words
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Advertisement632 1990-09-25 46 ALL SS7 MAMHS LASiISHG CONTAINER LASHING EQUIPMENT TEL: *****92 TU<: RS ***** ALLASH FAX: *****61 iFMferfraa IV* I PNCIPKL llMwr Vmml [V* SIN UU OAK NOU OAL CW/ NO* MEM HTC I Cot tunc* Kmumwc vi |n/i Mailicator wiot yjga aw 2M» am ot Mm mm am OUR USA mwc*632 words
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