The Business Times, 5 November 1990
1990-11-05
1
44
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The Business Times
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Title Section10 1990-11-05 1 Business Times MCI (P) 170/12/89 Monday November 5 1990 75*10 words
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NEWS SUMMARY
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93 1990-11-05 1 CHINA will invest over 100 billion yuan in its bid to find new oil reserves during the next five-year plan beginning in 1991, the official New China News Agency said yesterday. It did not give a figure for spending93 words
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Article33 1990-11-05 1 FOR BETTER data comparison, the Singapore National Employers' Federation and National Trades Union Congress have decided to standardise their surveys of annual wage changes with the Ministry of Labour's Page 233 words
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Article47 1990-11-05 1 THREE Republican and five Democratic senators have urged President George Bush to lift the US trade embargo on Vietnam, saying it has outlived its usefulness and is penalising American business in the face of foreign competitors, particularly from Japan and France Page 847 words
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Article31 1990-11-05 1 SOVIET President Mikhail Gorbachev has announced new measures to repay the Soviet Union's foreign debt and created a special fund to control hard currency reserves Page 931 words
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Article36 1990-11-05 1 THREE MONTHS after Iraq invaded Kuwait, a growing credit crunch is adding to the pain of higher oil prices but global recession remains more fear than fact, say economists and Western officials. Page 936 words
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Article24 1990-11-05 1 EMPLOYERS in the US are beginning to recognise that they must motivate and reward top-performing statY at all levels Page 1124 words
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Article17 1990-11-05 1 ROMANIAN violinist Mihaela Martin was simply dazzling at the SSO's concert last Friday Page 1717 words
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Article23 1990-11-05 1 MALAYAN RAILWAY'S freight division is confident of repeating its good performance in revenue growth this year. Shipping Times Page 123 words
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MARKETS SUMMARY
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Article29 1990-11-05 1 THE SIME DARBY group will apply to list another of its subsidiaries on the KLSE in the first quarter of next year Page 329 words
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Article25 1990-11-05 1 ESSO Malaysia is to increase its investment in Malaysia to more than Mssoo million over the next five years Page 325 words
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Article26 1990-11-05 1 THE FIVE-STAR Philippine Plaza hotel, eyed by two Singaporean business groups, is to be sold off through a negotiated sale Page 426 words
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Article31 1990-11-05 1 AFTER MONTHS of speculation that Chrysler Corp was about to form an alliance with Fiat of Italy, the two companies say they have broken off talks Page 631 words
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Article24 1990-11-05 1 FRANCE will grant two billion francs to subsidise a project by French carmaker Citroen to build cars in China Page 624 words
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Article22 1990-11-05 1 FOUR major European banks have announced an initiative to encourage investment in economically troubled former East Germany Page 722 words
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Article, Illustration27 1990-11-05 1 Friday Change BT-MGA 561.83 -0.78 Kuala Lumpur ....479.90 -0.56 Hongkong 2.978.92 +10.18 Tokyo 24,194.99 -100.17 Sydney 1.291.2. -11.8 New York 2.490.84 35.89 London 2,030.7 2.727 words
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Article18 1990-11-05 1 Exchange rates US$ SX1.7055 Yen SSI.3211 M$ SS0.63I5 Money market rates Overnight 6-5/8 -1/8 3-month 6-9/16% unch18 words
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Article35 1990-11-05 1 London Gold AM fix US$379.75 -USS0.35 Rubber S'pore Dcc l52.50*/kg -0.75 M'sia Dcc 239.00*/kg unch KL Tin Turnover 20 tonnes -7 Spot M$l6.40/kg -8 Crude palm oil Turnover 2,041 lots +1,140 Nov M$754/tonne +1435 words
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419 1990-11-05 1 Elaine Koh - Rates driven into five-figure range for the first time By Elaine Koh WHILE CAPITAL VALUES of residential properties may have softened, continued strong demand for prime apartments has pushed rentals to new peaks. Rentals for upmarket apartments have been propelled into the five-figure419 words
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Article, Illustration532 1990-11-05 1 The Gulf Crisis US SECRETARY of State James Baker, starting an eight-day tour of Arab and European states on Saturday, gave the clearest signal so far that Washington will fight if it must to force Iraq out of Kuwait. "We'd like to know532 words
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Article291 1990-11-05 1 NYT SAUDI ARABIA'S oil production surpassed 8.2 million barrels a day last week and is expected to rise to 8.5 million barrels early next year, the highest in a decade, the Saudi Oil Minister, Hisham Nazir, said last Saturday. The rise in Saudi production,NYT - 291 words
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324 1990-11-05 1 AP VIETNAM may surpass the Philippines in attracting US and other foreign investment unless the Manila government improves its business climate, the Philippine ambassador to Washington has warned. Ambassador Emmanuel Pelaez issued the warning in Manila last Friday before departing for Geneva.AP - 324 words
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246 1990-11-05 1 UPI CAPITAL INVESTMENT by Japanese corporations will continue to grow but at a slower pace in fiscal 1991, beginning next April 1, mainly because of rising interest rates, the Long-Term Credit Bank has predicted. The bank said its recent survey on corporate capital expenditures showedUPI - 246 words
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330 1990-11-05 1 Agencies SOUTH KOREA could face stagflation next year with economic growth slowing and inflation rising, the Korea Development Institute (KDI) announced yesterday. The KDI, a government think-tank, said that South Korea's annualised gross national product growth would fall to 7.5 per centAgencies - 330 words
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Page 1 Advertisements
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Advertisement308 1990-11-05 1 THE \Z7 1 VISIBLE J V DIFFERE 1 7,* v PROFESSIONAL EYE CARE (M r f l(Jl I IHRIS MIM -|S PlazaSingapura LiangCourt jti.i S«*ts Uaimaru I i*\lK4, Manna Square Sunglasses Counter Ml OrancftM «ortaw«J» Aircraft Schedule 25 Market Reviews 20 Work) News 9 The Arts 17 Money Changer Rates308 words
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Advertisement10 1990-11-05 1 lawmakers urge Bush to lift embargo on Hanoi, Pg 810 words
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Advertisement151 1990-11-05 1 I'" I HOME FURNISHINGS I The l(x>k of success, #03/319-323 Manna Square, 6 Raffles Boulevard, Singapore 0103 Tel 338 8661 .j \-Xf- 0. BAB, WILL YOU I ST'LL SEE J THE SAME STARS f Wall, that depends where latest financial figures. Dad travels. Tomorrow, he's Our network stretches heading off151 words
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HOME NEWS
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NEWS ROUNDUP
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155 1990-11-05 2 AN ADVISORY committee has been formed to guide the Association of Small and Medium Enterprises (Asme) on the direction it should take in promoting the development of local companies. The committee comprises representatives from the private sector, tertiary institutions, and government agencies, said Asme155 words
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Article89 1990-11-05 2 INDONESIA'S Home Affairs Minister, General Rudini, and his four-member delegation will be on a three-day visit to Singapore from tomorrow at the invitation of Professor S Jayakumar, the Law and Home Affairs Minister. This is the first official trip by General Rudini. He will meet officials89 words
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Article73 1990-11-05 2 THE Singapore Manufacturers' Association (SMA) is organising a seminar on "Trade and Investment Opportunities in North Rhine Westphalia, Federal State of West Germany". The one-day seminar, scheduled for Nov 9, is jointly organised with Sinogerma Trading, a member and consultant for the Economic Development Corporation of North73 words
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Article58 1990-11-05 2 DENMARK'S Foreign Minister Uffe Ellemann Jensen last Saturday visited a Danish Food Fair now on at Tierney's Gourmet at Serene Centre. The minister was accompanied by high-ranking officials such as the Danish Under Secretary of State for Trade Relations, and staff from the Royal Danish Embassy in58 words
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Article53 1990-11-05 2 A SINGAPORE trade mission, comprising 12 companies, is in South Korea for a visit which will end on Wednesday. The mission, organised by the Trade Development Board, is led by Alan Yeo, the board's chairman. The 18-member group is also accompanied by TDB's senior trade53 words
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Article48 1990-11-05 2 THE Asean/New Zealand Business Council will hold its third plenary meeting in Bangkok from tomorrow until Thursday. The meeting will review progress made in establishing a closer working rapport between Asean and New Zealand in promoting trade, investment, tourism, technology transfer and human resources development.48 words
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Article, Illustration316 1990-11-05 2 Florence Cheng - From Florence Cheng in SYDNEY THE Singapore Tourist Promotion Board has opened an office in Perth to service a growing market in Western Australia. Magdalene Lee, who runs the Perth office, told BT that last year 97,000 West Australians visited Singapore. The figure316 words
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283 1990-11-05 2 A RECENT trade mission to Shanghai and Fujian stirred so much interest among local businessmen that the Trade Development Board (TDB) has decided to plan a similar trip for next year. The board plans to lead a trade and investment mission to283 words
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Article, Illustration339 1990-11-05 2 Anna Teo - By Anna Teo FOR BETTER data comparison, the Singapore National Employers' Federation and National Trades Union Congress have decided to standardise their surveys of annual wage changes with the Ministry of Labour's. For SNEF, this may mean dropping its own annual NWC impact survey,339 words
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Article, Illustration268 1990-11-05 2 THE chairman of Nat Steel and Jurong Town Corporation, Yeo Seng Teck, added another title to his list of appointments when he became chairman of all companies in the Transpac and Transtech groups on Oct 26. Both Transpac Venture Management and Transtech268 words
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Page 2 Advertisements
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Advertisement605 1990-11-05 2 //y I ,t lei B Woodheod Industries dates back to 1922, lough times like these m*mw w I I I n 1 rubber socket and the first rubber-handled #05-38 Funan Centre Singapore 0617 n£k/lH lAlinh r\r/\/ll l/*TC lllsA Alire portable lamp, the company achieved Tel: (65) 338-8242, (65) 339-6088, I605 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration448 1990-11-05 3 MBT Bernama THE Simc Darby group will apply to list another of its subsidiaries, its 51-per cent owned Pernas-Sime Darby Holdings Bhd, on the Kuala Lumpur Stock Exchange in the first quarter of next year, group chief executive Tunku Tan Sri AhmadMBT; Bernama - 448 words
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Article195 1990-11-05 3 MBT NAM FATT, a Malaysian construction company which made a public offer of 4.34 million shares at M 52.75 each, has been oversubscribed by 11.14 times. A total of 2,707 applications for 52.68 million shares worth M$ 144.86 million was received. Of the 11.5 million sharesMBT - 195 words
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186 1990-11-05 3 Bernama SIME DARBY Bhd's group chief executive Tunku Tan Sri Ahmad Tunku Yahaya said on Saturday that the "sale" of Wisma Sime Darby in Kuala Lumpur to the Sabah foundation six years ago "was a mistake on hindsight." He said that the buildingBernama - 186 words
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228 1990-11-05 3 MBT HONG Leong Industries (HLI), which is proposing a rights issue and an acquisition of a 48.75 per cent interest in Malaysian Pacific Industries (MPI), has forecast a group profit before tax but after minority interest of M 578.88 million for the year endingMBT - 228 words
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591 1990-11-05 3 Elaine Koh - MARKET TALK By Elaine Koh FOUR companies from the Sesdaq stable will start trading today on the main board in the first upgrading exercise by the Stock Exchange of Singapore. The debut, which has been long awaited by the591 words
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390 1990-11-05 3 MBT ESSO Malaysia Bhd (EMB). the refining and marketing arm of the Esso group of companies in Malaysia, will increase its investment in the country by between Msloo million and Mslso million each year in the 1991-95 period.MBT - 390 words
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COMPANY BRIEFS
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66 1990-11-05 3 RENONG Bhd said it had appointed Datuk Halim Saad as its executive chairman from Oct 27. The company also announced the appointment of Mr Aminuddin Yusof Lana. Datin Norani ZolkifTli and Mr Anuar Othman as directors of the company from the same date. The company also66 words
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Article37 1990-11-05 3 KEC K Seng (M) Bhd said its sale of a piece of freehold land at Tagore Drive/Avenue in Singapore was not expected to have a significant effect on the company's r|?t tangible asset.37 words
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Article76 1990-11-05 3 HONG Leong Credit Bhd said it had proposed to purchase 100,000 ordinary shares of Msl each or 14 per cent of the issued and paid-up capital of Frank B Hall Insurance Brokers Sdn Bhd from Perindustrian Plastik Utama Sdn Bhd for M$ 170.000 in76 words
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Article72 1990-11-05 3 MBf Card Services Sdn Bhd, an associate company of MBf Holdings Bhd, has signed up 57 government merchants in Myanmar after receiving approval from the Myanmar Foreign Trade Bank. Mr Loke Kok Yun. assistant vice-president and general manager of MBf Card and Travel Related Services72 words
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Article50 1990-11-05 3 THE Kuala Lumpur Stock Exchange said FA Peninsular Bhd's existing 1.6 million ordinary shares would resume trading from tomorrow. The company's additional 75.355 million ordinary shares of Msl each issued at par under a reconstruction scheme will be granted a listing and qudtation from the same date.50 words
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Article307 1990-11-05 3 Diana Oon - B* Diana Oon POSBank has taken advantage of depressed stock prices to buy up more shares in General Securities Investment (GSI), the closed-end investment trust associated with DBS Bank. The national savings bank, already the second largest shareholder of GSI, bought 1.46 million307 words
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Page 3 Advertisements
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Advertisement192 1990-11-05 3 SmJmm mm M^MMS :r;v_: NEW BANKING POWER Multi Link. Multi-uses. Greater HIGH DAILY INTEREST 24-HOUR BANKING convenience. Maximum benefits. Earn higher interest of 4Va% pa. on Enjoy 24-hour banking via Autocash The answer to your banking needs balances of $3,000 and above, and Phoneßank services, including in the nineties. computed192 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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Article88 1990-11-05 4 HONGKONG-LISTED Beazer Asia Ltd said in a statement it planned to raise some HK$l36 million after expenses through the issue of 22.16 million new shares at HK56.29 each on a three-for-11 basis. The construction company, which raised $45 million by issuing 7.2 million new88 words
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Article128 1990-11-05 4 SHAREHOLDERS of Carter Holt Harvey Ltd approved at an extraordinary meeting, resolutions to allow it to merge with Elders Resources-NZFP Ltd, CHH said on Friday. They approved resolutions increasing CHH's authorised capital to $2 billion from $500 million and allowing shares and options to be128 words
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Article113 1990-11-05 4 JAPAN'S Mitsubishi Motors Corp said on Friday its net profit leapt 29.4 per cent from a year earlier to 12.1 billion yen in the six months to September. The company, Japan's third-biggest vehicle manufacturer, said sales grew 12.4 per cent to 1.06 trillion yen in113 words
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Article99 1990-11-05 4 TRADING firm Mitsubishi Corp and rubber and plastic processor Achilles Corp have launched a joint venture in Jakarta to produce and export sports shoes to Japan, Achilles said in a statement. PT Surya Achilles Indonesia, capitalised at US$3 million, will be owned 40 per cent each by99 words
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Article117 1990-11-05 4 BOND Corp Holdings Ltd has not met interest payments on mark denominated bonds issued by its Bond Finance Ltd unit and in view of this, holders of the debt may submit the debt for redemption, depositary bank Berliner Handels- und Frankfurter Bank (BHF) said on Friday.117 words
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Article, Illustration532 1990-11-05 4 Al 0 Labita - From Al 0 Labita in MANILA THE five-star Philippine Plaza Hotel, eyed by two Singaporean business groups, will be sold through a negotiated sale, sources said last last week. The decision followed two failed biddings conducted by the Government Service Insurance System532 words
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306 1990-11-05 4 UPI BRIDGESTONE Corp, the world's leading manufacturer of vehicle tyres, said on Friday its joint venture in Turkey had completed a radial tyre plant to meet growing demand in the country. The new facility, completed at an area adjacent to the existing factory, would be capableUPI - 306 words
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170 1990-11-05 4 Reuter SANYO ELECTRIC Co Ltd has set up a wholly-owned semiconductor manufacturing unit at Ayutthaya, Thailand. The new company, Sanyo Semiconductor (Thailand) Co Ltd, capitalised at 350 million baht, will produce small signal and power transistors starting in early 1992. The transistorsReuter - 170 words
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232 1990-11-05 4 Reuter HOWARD SMITH Ltd said in a statement to the Australian Stock Exchange it had asked Adelaide Steamship Co Ltd group executives John Spalvins and Michael Kent to resign from the Howard Smith board. Howard Smith chairman Sir Neil Currie said MrReuter - 232 words
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97 1990-11-05 4 Reuter JAPAN'S ruling Liberal Democratic Party (LDP) may propose legal changes to allow foreigners to own Nippon Telegraph and Telephone Corp shares to try to support their sagging price, an LDP official said. The current NTT Corporation Act, under the jurisdiction of theReuter - 97 words
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Page 4 Advertisements
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Advertisement8 1990-11-05 4 EDITION ROLF RODENSTOCK. «&r>> '<- f ;^H||^H^^^H R|/* M8 words
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Advertisement434 1990-11-05 4 < iMFDHMfIsTI I Itaniti Jndonrsia T6WEB The Jakarta Post The First ASEAN Business Summit PROFILE ANATOMY OF ASEAN INC 16 November 1990, at The Oriental Hotel, Singapore The Indonesian Business Data Centre (IBDC) had recently finished its premier report on the who is who and who controls what in the434 words
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Page 5 Advertisements
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Advertisement90 1990-11-05 5 ■V r-' Ma .<» > >'&~*:tjsslt' \«i >Y* AZ*i> I t j(f »>fr. :&r'ff < --'Z r -V' Tri*,—'.' "■'>&* Aou and vmir laradv \vjll be guests at a r ife», ,f! feSit«rfM: >' -i :^fi*' 4 "*/'l^*'.. w J» a l f^tk Phuket(kUfand. I /,f 'jM#*;- wbewvofivvi]|begotfi s ,g90 words
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INTERNATIONAL COMPANY NEWS
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COMPANY BRIEFS
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135 1990-11-05 6 NEW US DEBT and equity issues plunged last month largely due to the Iraqi invasion of Kuwait in August that shocked an already weak US economy, according to IDD Information Services. In every category, new debt volume dropped by 45.5 per cent,135 words
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96 1990-11-05 6 TYRE MAKER Continental AG says it has held the first talks with Italy's Pirelli Spa over a possible merger of the two groups. A Continental spokesman in Hanover said last Friday that the first meeting had taken place, without elaborating. He also declined to comment96 words
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Article95 1990-11-05 6 M THE LUXURY Steinberger Hotel in Berlin has sold a controlling interest to Footwork International Corp of Japan, an Osaka-based retail distribution company, for around £40 million. Christopher Mackenzie, a director of merchant bank J Henry Schroder Wagg Co, which acted for Footwork, said in95 words
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Article78 1990-11-05 6 THORN EMI pic has agreed to buy MEL, the defence electronics division of NV Philips Gloeilampenfabrieken's UK unit Philips Electronic Associated Industries Ltd, for £9.5 million in cash. Thorn announced in London last Friday that MEL, a specialist in electronic warfare, radar, and data communications systems,78 words
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Article77 1990-11-05 6 HYDRO ALUMINIUM, a unit of Norsk Hydro A/S, has announced that it is setting up a company to evaluate the possibility of building an aluminium smelter in Sarawak together with domestic investors. "The reduction plant that is planned will have an initial annual capacity of77 words
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Article, Illustration544 1990-11-05 6 Poor economic conditions worldwide cited NYT AFTER MONTHS of speculation that Chrysler Corp was about to form an alliance with Fiat Group of Italy, the two companies announced last Friday that they have broken off talks. Neither Chrysler nor Fiat had ever said publicly preciselyNYT - 544 words
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240 1990-11-05 6 Agencies FRANCE will grant two billion francs to subsidise a project by French carmaker Citroen to build cars in China, the French Embassy said. Citroen will build a new car model with Chinese partner No. 2 Automobile Works in Shiyan. Hubei province, anAgencies - 240 words
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Article205 1990-11-05 6 UPI THE UNION representing workers at United Press International has said that its members will be asked to vote on a 35 per cent wage cut the company has requested as it attempts to sell the wire service. UPI had said it wouldUPI - 205 words
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Article, Illustration431 1990-11-05 6 Information compiled by Dutch pressure group AFP SWISS-BASED commodity trading company Marc Rich is South Africa's main supplier of petroleum products and the country gets a large proportion of its oil from the United Arab Emirates (UAE), a report said in Johannesburg last Friday. SouthAFP - 431 words
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Page 6 Advertisements
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Advertisement122 1990-11-05 6 TOUCH A HOT NUMBER. KANDA Easy Touch Key Telephone Systems As your business expands, you can count on Kanda to grow along with you. You may start from just a few extensions, and move up to over a hundred! And at every stage, you can depend on Kanda's many built-in.122 words
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FINANCIAL NEWS
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Article, Illustration392 1990-11-05 7 UPI AFP FOUR major European banks on Saturday announced an initiative to encourage investment in economically troubled former communist East Germany. The banks Germany's Commerzbank, France's Credit Lyonnais, Spain's Banco Hispano Americano and Italy's Banco Di Roma will lead a major publicity campaignUPI; AFP - 392 words
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210 1990-11-05 7 Reuter EUROTUNNEL pic said it is making a three-for-five fully underwritten rights issue at 285p per share to raise £532 million. Eurotunnel said it was making the issue because its creditor banks would not allow it to continue to draw down funds unless itReuter - 210 words
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SMALL CHANGE
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Article90 1990-11-05 7 TOTAL assets of Taiwan's offshore banking units amounted to U5518.44 billion in the first three quarters of 1990, up 21.7 per cent over the same period last year, the Central Bank of China has said. Claims on financial organisations accounted for 85.3 per cent of the90 words
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Article78 1990-11-05 7 WESTPAC Banking Corp on Thursday launched a full banking operation in Indonesia through a joint venture with a local firm, becoming the first Australian bank to open in the country, officials of the bank said. PT Westpac Panin Bank opened with a capital of 5078 words
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Article58 1990-11-05 7 THE Taiwan Securities Exchange Commission has granted an integrated securities house licence to Jardine Fleming Taiwan Securities Ltd, Hongkong-based merchant bank Jardine Fleming Holdings Ltd said in a statement. JF Taiwan, Opened in May, is a joint venture between manager JF and Taipei-listed partners Yue Loong58 words
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Article30 1990-11-05 7 THREE Swiss Rothschild banks have set up a joint venture Rothschild Boersenhandel AG to deal on the Zurich bourse and specialise in portfolio management for institutions.30 words
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309 1990-11-05 7 Magdalene Ng - By I Magdalene Ng LEADING international securities firm Morgan Stanley group today officially opens its Singapore office, which serves as the regional headquarters for its oil trading and asset management activities. Said Mr Neal Shear, managing director of commodities trading: "The addition of309 words
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Page 7 Advertisements
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Advertisement78 1990-11-05 7 IT ii p PARKWAY HOLDINGS IJMITF.D 5530,000,000 GUARANTEED FLOATING RATE NOTES DUE 1993 In accordance with the provisions of the Notes, notice is hereby given that for the three month period 5 November 1990 to 4 February 1991, the Notes will carry a rate of interest of 8.0625 per cent,78 words
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Advertisement180 1990-11-05 7 The best place for your company logo isn t always at the top of your stationery 3M i 1810 0003 11 eo7/*« tv ■HP UIUUR 0 HRRINI 1R MORI PTI ITB V LL_m L.IL_LI__MII—UIL-H. Only the UOB VISA Business Card lets you put your company logo on the card. That's180 words
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Page 7 Miscellaneous
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Miscellaneous28 1990-11-05 7 DoIlar$ Non$en$e v-: x \mm v.CVJVU 4 >\ ,J 'And remember, Geller, it's better to be a big person little space than a little person in a big space."28 words
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THE REGION
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NOTE BOOK
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72 1990-11-05 8 THAILAND and chief Phnom Penh ally Vietnam may be invited to a meeting this month in Jakarta to draft an overall peace plan for Cambodia, a senior diplomat said in Phnom Penh on Saturday. He cited Vietnamese sources as saying that there "were moves72 words
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Article73 1990-11-05 8 THE AUSTRALIAN and New Zealand air forces will cooperate to monitor the activities of driftnet fishing vessels in the South Pacific, Australian Prime Minister Bob Hawke said on Friday. Mr Hawke said the flights would maintain pressure on distant water fishing nations, including Japan and73 words
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Article74 1990-11-05 8 THE ASIAN Development Bank will host a five-day conference starting today in Manila to discuss the world economic outlook and the impact of a single European Community market on developing countries, the bank said on Saturday. Topics for discussion include trade, protectionism, external debt, safeguarding74 words
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Article87 1990-11-05 8 SOUTH KOREA will provide training in the Korean language and culture for tour guides and agents in South-east Asian nations, officials said on Saturday. The programme calls for South Korean language and tourism experts to visit South-east Asian capitals for five days to provide 1587 words
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Article97 1990-11-05 8 LAOS's communist government has charged former government officials arrested last month with trying to overthrow the regime, an official news agency report said. The KPL news agency said on Saturday that former science and technology vice-minister Thongsouk Saysangky, former agriculture and forestry vice-minister Rasmy Khampouy and an97 words
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193 1990-11-05 8 THE Hongkong government will challenge a European Commission plan to increase its textile export quotas to unified Germany by only 2.25 per cent, reports the South China Morning Post on Saturday. A senior trade department official said the export limits failed to193 words
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476 1990-11-05 8 AP THREE Republican and five Democratic senators have urged US President George Bush to lift the American trade embargo on Vietnam, saying it has outlived its usefulness and is penalising US business in the face of foreign competitors, particularly from Japan andAP - 476 words
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Article, Illustration401 1990-11-05 8 AFP THE long-recommended depreciation of the Philippine peso finally occurred last week, but this crucial economic step is likely to result in more political trouble for President Corazon Aquino. The Philippine government had been maintaining the pesoAFP - 401 words
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191 1990-11-05 8 AP A SOUTH KOREAN industrial plant and investment mission representing 14 machinery companies will be visiting Malaysia for three days from Nov 10, the Korean Trade Centre in Kuala Lumpur said. The mission aims to promote industrial plant and investment cooperation between the twoAP - 191 words
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394 1990-11-05 8 AFP ASIAN and Latin American developing countries have blamed the European Community (EC) for what Gatt director-general Arthur Dunkel described as the "alarming" state of world trade negotiations scheduled to wind up in barely a month. With a month to go toAFP - 394 words
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183 1990-11-05 8 UPI THE Vietnamese-backed government in Phnom Penh has signed contracts with three foreign airlines to fly passengers and cargo to the Cambodian capital, the official news agency reported. "This year, the civil aviation department of Cambodia has signed contracts with three foreign companies,"UPI - 183 words
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Article232 1990-11-05 8 Bernama MALAYSIA will see an increase in Danish investment in the future in view of the growing ties between the two countries, Danish Foreign Minister Uffee EllemannJensen said on Saturday. Malaysia enjoyed more investments by Danish investors compared with other Asean countries, he toldBernama - 232 words
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Advertisement457 1990-11-05 8 G. K. Goh Holdings Limited GOH (Incorporated in the Republic of Singapore) HOLDINGS NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the First Annual General Meeting of G K. Goh Holdings Limited will be held at the Renoir Suite of the Oriental Hotel, 5 Raffles Avenue, Marina Square,457 words
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Advertisement59 1990-11-05 8 jA WE PROVIDE PROFESSIONAL GEOMANCY SERVICES L) v Industrial Commercial Residential Bunal Call 336-3060 !Tk }•..;-!,v Holiiiw I between 12 noon to 8 pm daily for an appointment now. Organised By: Master Tan Khoon Yong £&&&#&<?>s i WAV CHINESE GEOMANCY CENTRE— 149 ROCHOR ROAD #02 10 FU LU SHOU COMPLEX59 words
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THE WORLD
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Article, Illustration350 1990-11-05 9 Soviet republics likely to oppose measures Reuter SOVIET President Mikhail Gorbachev has announced new measures to repay the Soviet Union's foreign debt and create a special fund to control hard currency reserves. In a move that could run into stiff opposition fromReuter - 350 words
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WORLD WATCH
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73 1990-11-05 9 GREECE has favourably responded to a request from Stockholm to back a possible Swedish bid for membership of the European Community, say sources at the Greek Economy Ministry. The statement came last Friday after a seventh joint commission meeting which examined bilateral cooperation73 words
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Article44 1990-11-05 9 NORWAY'S new socialist government took office last Saturday after Prime Minister Gro Harlem Brundtland formally presented her Cabinet to acting monarch Crown Prince Harald in Oslo. Nine members of the 19-member Cabinet are women, the highest percentage in Norwegian history.44 words
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Article84 1990-11-05 9 THE WORLD BANK has agreed to lend China US$275 million for agricultural projects. It said last Friday that it had agreed to lend US$75 million while its subsidiary, the International Development Association, agreed to a US$2OO million credit. The IDA specialises in lending to the84 words
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Article109 1990-11-05 9 SOUTH KOREA'S trade with communist bloc nations soared by 23.7 per cent to U553.77 billion in the first nine months of this year, up from US$3.O5 billion in the same period last year. According to official figures released in Seoul last Saturday, this accounted109 words
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160 1990-11-05 9 AP OFFICIALS of the International Monetary Fund have expressed support for the Hungarian government's belt-tightening economic reform programme, despite pessimistic forecasts for the economy next year. Massimo Russo, head of the IMF's European Division, last Friday said his team of experts had found the HungarianAP - 160 words
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344 1990-11-05 9 Reuter BRITAIN launched its biggest privatisation to date last Friday the sale of the electricity industry in an offer that should eventually bring in some £14 billion. Energy Minister John Wakeham said in London that the flotation was on course to be the most successful everReuter - 344 words
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374 1990-11-05 9 Reuter THREE MONTHS after Iraq invaded Kuwait, a growing credit crunch is adding to the pain of higher oil prices but global recession remains more fear than fact, say economists and Western officials. They say the main effect of the Gulf crisis so far has beenReuter - 374 words
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Page 9 Advertisements
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Advertisement148 1990-11-05 9 We have the contacts and offer: J.Our clients need for joint ventures, hotel shopping centre developers, |wSß|Tfir{| retailers,manufacturers, private investors, institutions etc. 2.Outright sales to foreigners of East German income properties, businesses, factories etc. are now welcome! Over 7000 companies are up for sale. There are many bargains waiting. 3.Lease/rent/buy148 words
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Advertisement437 1990-11-05 9 SENIOR EXECUTIVES DON'T MISS THIS EVENTI You Are Invited To A Seminar On How You Can Transform Your Organisation To Compete tffe<tively In The 90s "Reaching New Heights Business Transformation Through Information Technology" I IBv Dr Philip Pvburn Or Philip Pyburn is a partner of the Center for Information Technology437 words
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ANALYSIS
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Article, Illustration1865 1990-11-05 10 Marvin Maddox - The booming air courier industry is set to soar to new heights in Asia, writes Marvin Maddox Marvin Maddox Marvin Maddox is a local writer. This article first appeared in the October issue oj Singapore Business THE air courier industry, just entering its1,865 words
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Article, Illustration665 1990-11-05 10 ALL four major express companies DHL, TNT Skypak, United Parcel Service and Federal Express utilise Singapore as a regional hub for their international network in some way, shape or form. The concept of an air hub was originally pioneered by Federal. Flights from various665 words
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Page 10 Advertisements
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Advertisement95 1990-11-05 10 This announcement appears as a matter of record only P.T. SASEKA GELORA LEASING U5529,000,000 Revolving Credit Facility Arranger and Facility Agent CIC-Unlon Europeenne, International at Cie Singapore Branch Lenders Guarantors Lead Managers Managers The Mitsubishi Bank, Limited Rabobank Nederland Singapore Branch Singapore Branch The Mitsubishi Trust and Banking Swiss Bank95 words
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Page 10 Miscellaneous
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Miscellaneous51 1990-11-05 10 DOONESBURY BY GARRY TRUDEAU HI, L4CEY, IT'5 JOAN/E.i I I/" 11 HAVE YOU GIVEN HAVE, PEAR. I SUP- AND YES, BUT UW I M/6HTHAVE HELLO 7 ANY MORE THOUGHT POSE IF THERE'S NO IF UJITH ONE II w2r? TO RESIGN AGAIN. TOBEINGAUJRITE- OTHER (yWCKTEjTP ELEOEP, PROVISO. II I OVERTAXES. /mm/51 words
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ENTERPRISE & MANAGEMENT 1
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Article433 1990-11-05 11 Seminars and courses Duration Title Venue Organiser lei Oct 16 Introduction to Singapore Singapore *****77 Nov 22 Use of Control Institute of Institute of ext 132 Components Standards Standards Programme Logic Industrial Industrial Controllers Research Research Oct 20 Practical Singapore Singapore *****77 Nov 21 Dimensional Institute of Institute of433 words
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Article, Illustration757 1990-11-05 11 Claudia Deutsch - Employers in the US are beginning to recognise that they must motivate and reward top performing staff at all levels. Claudia Deutsch reports Claudia Deutsch NYT PEPSICO Inc is giving its hourly workers the same stock options that top management gets. "WeNYT - 757 words
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Article128 1990-11-05 11 THIS year's Annual Management Lecture is to be given by Dr Rohdan Hawrylyshyn. the chairman of the International Management Institute. Kiev. Entitled "Winners and losers: Lessons for companies and managers", Dr Hawrylyshyn will discuss pre-condi-tions for corporate success such as work dedication, appropriate skills, sufficient128 words
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Article, Illustration927 1990-11-05 12 Simon Holberton - Simon Holberton tells foreign manufacturers trying to succeed in Japan now they should go about their business Simon Holberton FT WHAT do pharmaceuticals, computers, refrigerators, air-conditioners, soft drinks and coffee-makers have in common? In Japan, foreign companies once possessed market leadership; now they do not. ForeignFT - 927 words
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570 1990-11-05 12 Fred Steingraber - Fred Steingraber talks about the pitfalls on the road to globalisation and how to avoid them Fred Steingraber (Fred Steingraber is chairman of AT Kearney, a US management consulting firm.) Everywhere companies are going global. For many Singapore companies g!ol-»l isation is not570 words
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Page 11 Advertisements
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Advertisement82 1990-11-05 11 Management Consultancy Sl# I I T T 1/ Seminars And Training ft I I I I Business Assistance L L I Li II Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing 1 HOUR LUGGAGE REPAIR 1 wmAdstEMmssamaEs TEL: 733-0037 Most Repairs Take One Hour. Some Only 10 Minutes. See Us.82 words
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Advertisement33 1990-11-05 11 Introducing The Fastest Fine Food In Town: "Delicious! We've time for another coffee." ■>. "Sure, we can take the MR I hack to the office. v Let's do this more often!'' O 1 CTrnffw\?hbMTTTS33 words
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Page 12 Advertisements
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Advertisement45 1990-11-05 12 JB|Wr-' (iCi^£^^^HSF *V%q3gs» -.v hi .flri^^H:' B ■raJH^B^HrT^ Maurice Lacroix breaks tradition with Les Mfcaniques Limited edition timepieces that combine traditional old movements with new taco fTlourice Lacroix Of SWIT2FPLAND IS A [)t-M.» Sing.i|M«r«- Lai 10 Shenton Wax MAS ItuiMmp TlWfipW «KI V ..l .i.l.45 words
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Advertisement71 1990-11-05 12 IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg. 4-8-1 Hatcho bori. Chuo ku, Tokyo 104. Japan Tel: 03 553 696 1 Fax:o3-555-2892 gitfiiitiyKS I SHORT I TERM APARTMENTS FOR RENT!! Nicely furnished private apartments with kitchen facilities (1 to 3 bedrooms)71 words
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Page 13 Advertisements
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Advertisement309 1990-11-05 13 i h Biljlin Liß PHILIPS PC NOVELL NETWORKING THE LINK TO TEAMWORK IN YOUR BUSINESS. In every business, performance depends on communicate, and people co-operate. We call it P"* i J teamwork. teamwork for PCs. To: Information Systems Computers alone are no substitute for human New standards of productivity, efficiency,309 words
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Page 14 Advertisements
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Advertisement319 1990-11-05 14 fP' ,c «^i&«flr 4***P«£ *>•- l> 7 -w- 4 Saab launches the new 9000 CDi 2.3 It's in its elements when it comes to overtaking. Just like you. It's not just a matter of more power. It's more power when you need it most. When you're accelerating to overtake someone.319 words
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SPORTS
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Article, Illustration804 1990-11-05 15 Paris Open AP STEFAN EDBERG rolled while Boris Becker squeaked to another confrontation as both took semi-final victories on Saturday in the US$2-mil-lion Paris Open tournament. Edberg needed less than an hour to beat Sergi Bruguera of Spain, 6-3, 6-3 but Becker had to come from behindAP - 804 words
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Article, Illustration345 1990-11-05 15 Paul Ramani - By Paul Ramani THE BEAUFORT Singapore, now under construction on Sentosa island, has entered into an agreement with a well-known professional tennis management company, Peter Burwash International (PBI), said Glen Farmer, general manager of the Beaufort, recently. The hotel, which opens in September next345 words
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Article148 1990-11-05 15 AP DUTCH cyclist Nico Verhocvcn won the 109-km first leg of the Tour of Mexico on Saturday in a to-the-wire sprint. Verhoeven edged past Andreas Walser of Germany and Ruben Marin of Colombia rear the finish line in downtown Monterrey to head a pack that includedAP - 148 words
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293 1990-11-05 15 UPI GARY PLAYER fired a 3-under-par 68 on Saturday to lead after two rounds of the US$5OO,OOO Security Pacific Senior Classic in Los Angeles. Player finished one shot ahead of Chi Chi Rodriguez, Joe Jimenez and Orville Moody. Rodriguez and Moody shot 66s while JimenezUPI - 293 words
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SIDE LINES
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Article72 1990-11-05 15 OVERNIGHT leader Bob Gilder was declared the winner of the U*****,000 Acom Point men's golf tournament yesterday after rain forced the cancellation of the final round. Gilder garnered a total of 115 points for the first three rounds played over the par-72, 6,796-yard Japan Classic72 words
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Article64 1990-11-05 15 DEBBIE MASSEY yesterday won the U*****,000 Mazda Japan Classic, the season's final tournament of the US LPGA Tour, as the final round was cancelled due to heavy rain. Massey's victory at the Musashigaoka course outside Tokyo was her first in 11 years and the third in her career.64 words
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Article63 1990-11-05 15 GRANT FOX notched a personal tally of 16 points to inspire New Zealand to a 24-3 win over France in the first Test of their Rugby Union Tour in Nantes on Saturday. The fly-half controlled the game with his boot, angling long kicks to the corner and hoisting63 words
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Article57 1990-11-05 15 FRANCE'S Alain Prost will be reprimanded for making an early exit from a pre-race briefing yesterday for drivers and team managers at the Australian Grand Prix. Stewards for the Formula One event in Adelaide said the matter will also be referred to a special commission that jvill57 words
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Article73 1990-11-05 15 NIGEL COUPE of the British equestrian team and his mount Crosby overcame a bad slip to win the International and Open Jumping Fault-and-Out Stake on Saturday at the National Horse Show in New Jersey. In a contest in which horse and rider are awarded two points for every73 words
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Article47 1990-11-05 15 EAST GERMAN Birgit Peter overtook Canada's Silken Laumann with 250 metres remaining to win the women's single sculls title at the World Rowing Championship in Australia yesterday. Peter, last year's silver medallist, clocked seven minutes 24.10 seconds for the 2,000 metres to take the gold.47 words
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Page 15 Advertisements
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Advertisement111 1990-11-05 15 Tr ~>r v -*?i?' N T s -^^"'^fe. v Barclays was in existence before the first British banknote was even printed. So it may not surprise you 4|P to learn that, as the bank has grown, so has its treasury service. Today, Barclays Global Treasury Services trades PWWWMB qp the111 words
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Page 16 Advertisements
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Advertisement1241 1990-11-05 16 in vvii. WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE Some of our best advertising is by word-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 85851,241 words
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Page 16 Miscellaneous
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Miscellaneous852 1990-11-05 16 TELEVISION AND RADIO PnKir Kill AO "SBCI2 5 business QNRAao I mfm IW m/ 111 I 1 tomers. Seeing how success- 7.30 Jaycee and tlx Wheel War- dd/< ma —u 7 n yur Rand II L/l U-VkJ 730 PM ful Ce,ina haS bccn with rW ti c Tw«« ForlS advertising,852 words
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THE ARTS
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Article, Illustration583 1990-11-05 17 P Y Van - P Y Van is dazzled by the exhilarating performance of a Romanian violinist at an SSO concert P Y Van CEREBOS Pacific Limited, the sponsors for the Singapore Symphony Orchestra's concerts last weekend, had a cheery greeting prepared for those who braved Friday's wet and dismal583 words
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Article, Illustration878 1990-11-05 17 Nicholas Kristof - The world renowned theatre performance celebrates its 200 th anniversary this year and nobody in Beijing seems to care, reports Nicholas Kristof Nicholas Kristof NYT WHEN an American tourist in Beijing wanted to thank a Chinese friend for his hospitality, he decided to inviteNYT - 878 words
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Page 17 Advertisements
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Advertisement235 1990-11-05 17 AND ENTEBTAIN FROM 5 23 NOVEMBER 1990 S^ooa'S7vs£uxil (J)rill In the candlelit ambience of a hunter's lodge, enjoy goose, veal, venison, trout and more. Delicately flavoured, deliciously prepared Viennese style. 16 Nassim Hill. Reservations: 732 1222 Kxt 1582/1597. Businessman's Luncheon: 12 noon to 2.30 pm (Mon Fri). Dinner: 7.00 pm235 words
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Advertisement238 1990-11-05 17 LADIES LUNCH $22++ k^cr. We are proud to introduce our special set lunch ladies lunch, specially prepared by our Japanese Chef for the ladies. The menu consists of aperitif, sashimi, cold dish, fried egg plant with miso paste, fried dish, teriyaki chicken, special rice, clear soup and fruits. From 22/10/90238 words
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Advertisement27 1990-11-05 17 V.VVAVAWW) iW.V.-^I TJ /jljV At Monty's Cafe y^ 4 tK the best selections of Western. Local. Malay. Indian and Chinese dishes await the discerning Singaporean food lovers27 words
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Advertisement161 1990-11-05 17 The Clubs "ill H /8& T«j it/B Restaurant and 1 KV/1 IV/\ Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE NEW DELUXE CONTINENTAL 5-COURSE LUNCH SERVED DAILY. MONDAYS SATURDAYS. Russian specialities as usual. Restaurant Hours Mondays to Saturdays Karaoke Hours aw°"*" opm £»&n to 2.00 am Mondays to Sundays Tel: *****22161 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4851 1990-11-05 18 William Chia - By William Chia THE Singapore stock market is expected to continue its technical correction this week, with investors liquidating their holdings by selling into market strength. Hongkong-based Cresvale Far East Ltd says that the declining Relative Strength Index suggests that the Straits Times4,851 words
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Article4081 1990-11-05 19 Main Board PM Hide 250 +30 +13.6% GE Life I2W +20 +16% Amtck Eng 20* 109 +17 +18.5% Tibs50«(500) 151 +13 f9.4% Singatron 20* 98 ll'/i +13.3% CMS Packaging 260 +10 40% SNP50* (500) 170 +10 6 2% Spore Fodder 198 +8 +4.2% SPC Foreign4,081 words
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MARKET REVIEWS
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452 1990-11-05 20 NEW YORK AFP CAUTION remained the watchword on Wall Street last week although investors succeeded in pushing up share prices despite sharply fluctuating oil prices, contradictory information from the Gulf and poor US economic statistics. Wall Street's prime barometer, the Dow Jones average ofAFP - 452 words
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ASIAN MARKETS ROUNDUP
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Article266 1990-11-05 20 THE Australian stock market ended the week close to a 32-month low as dealers queried the solvency of the Adelaide Steamship group, Australia's third biggest employer. The main market indicator, the All Ordinaries Index, dropped 43.6 points to finish at 1,291.2. After crashing through the psychological support level of266 words
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Article114 1990-11-05 20 INDIA'S stock markets remained firm during a shortened trading week despite political problems and religious strife racking the country. On Wednesday and Thursday, the only two days of trading possible amid communal unrest and official holidays, the Bombay Stock Exchange sensitivity index climbed 53 points to close at 1,323.114 words
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Article188 1990-11-05 20 PRICES on the Jakarta Stock Exchange (JSE) plunged again last week, catching out many individual investors and speculators attracted by a short-lived early rally. The JSE composite index surged from the previous week's close of 437.757 to 453.229 on Monday, only to resume its plunge on Tuesday and close188 words
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Article173 1990-11-05 20 SOUTH KOREA'S share prices closed the week lower in heavy trading after price gyrations as stock prices began stabilising following two weeks of surges. The broad-based Composite Stock Prices Index fell 22.54 points or 3 per cent to close on Saturday's half-day session at 710.96. Average daily turnover was173 words
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Article106 1990-11-05 20 RENEWED TENSION in the Middle East battered share prices during a shortened trading week on the Taiwan Stock Exchange, rolling back earlier gains. Wiping out the previous week's 14 per cent rally, the 216-issue weighted price index surrendered 213.5 points or 6.4 per cent to close the week at106 words
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Article72 1990-11-05 20 AFP THE Philippine stock market fell last week in profit-taking following the previous week's rally. At the larger Manila Stock Exchange, the composite index fell 16.65 points, or 2.7 per cent, to hit 599.74 points on Friday, compared to 616.39 points the previous week. The Makati Stock Exchange compositeAFP - 72 words
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277 1990-11-05 20 SfONDON UPI EQUITY PRICES on London's International Stock Exchange continued their downward path last week, sparked briefly by the false hope of an interest rate cut, but ending in the doldrums of uncertainty over the Persian Gulf, analysts said. The FTSE 100-share index closedUPI - 277 words
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Article, Illustration323 1990-11-05 20 JOKYO AFP SHARE PRICES on the Tokyo Stock Exchange fell last week after a two-week advance due to rising tension in the Gulf. The Nikkei Stock Average of 225 selected issues closed out the week at 24,194.99 yen on Friday for an 810.65yen, orAFP - 323 words
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Article, Illustration938 1990-11-05 20 MIkc^NG SHARE PRICES on the Hongkong stock market dropped across the board in thin trading last week, with the Hang Seng Index shedding 71.96 points, or 2.4 per cent, to close at 2,978.92. Average daily turnover slipped to HKSBI2 million (US$lO4 million), against the previous938 words
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Page 20 Advertisements
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Advertisement85 1990-11-05 20 This advertisement appears as a matter of record only. This advertisement does not constitute an offer of or invitation to any person to subscribe for or purchase any securities in Singatronics Limited. SINGATRONICS LIMITED (Incorporated in the Republic of Singapore) Introduction to the Main Board of the Stock Exchange of85 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4085 1990-11-05 21 MBT SHARE PRICES retreated across the board on the Kuala Lumpur stock market last week as sellers dominated trading in four of the five sessions. The euphoria during the previous week following the Barisan Nasional victory in Malaysia's general election was short-lived as fearMBT - 4,085 words
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Page 21 Advertisements
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Advertisement53 1990-11-05 21 I I |M I fIH I I 111 I I H V w Whitney Houston's new LP is out today. What's it like? Top Indian movie stars performed at the Indoor Stadium yesterday. What was it like? The New Paper. Entertainment from Monday JTOT? through to the weekend. Plus the53 words
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WORLD STOCK MARKETS
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Dow rises on lower interest rates hopes
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Article, Illustration1133 1990-11-05 22 WALL STREET stocks jumped on Friday, boosted by hopes interest rates will soon be pushed lower to stimulate growth after fresh signs a recession is imminent or under way. But the weak economic outlook did not bode well for the dollar, which ended lower. Gold prices, Treasury bonds1,133 words
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Article, Illustration857 1990-11-05 22 LONDON share prices were mixed on Friday, well above the lows in late trading helped by a near 20-point gain on Wall Street, dealers said. Shares stabilised to end the account on a quiet note following an initial slide sparked by the shock resignation Thursday evening of Sir Geoffrey857 words
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Article279 1990-11-05 22 FRANKFURT stocks ended the week on a stable note, as the DAX spot trend indicator ended the session less than one point higher at 1,417.85. The Commerzbank indicator finished at 1,749.3, against 1,750.4 on Thursday. Volume was low, and operators said that rumors and counter-rumors about the Gulf situation279 words
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Article204 1990-11-05 22 THE Gulf crisis and renewed friction in the government coalition drove Italian shares lower at the close, with thin trading volume estimated below 100 billion lire, brokers said. The MIB index slipped 0.98 per cent to 807, near the 1990 low of 803 hit October 17. "A session like204 words
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Article357 1990-11-05 22 FRENCH share prices closed lower as yesterday's surprise rise in the Bundesbank's Lombard rate led to profit-tak-ing after Wednesday's brisk advance, dealers said. With many participants turning Thursday's All Saints' Day holiday into a long weekend, turnover was low and less than 800 million francs of stock changed hands.357 words
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Article316 1990-11-05 22 TORONTO stocks closed flat in light trade as lack of investor interest and a slump in gold and oil shares kept the market from following a rally in New York, dealers said. "There didn't seem to be much happening in the Canadian market," said Bruce Hartman. The composite index316 words
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Article378 1990-11-05 22 Reuter SWISS shares closed a touch higher on Fridaj in lacklustre trading as selective buyint in industrial blue chips helped prices off their early lows, dealers said. Tie All-Share SPI Index closed 4.7 highei at 914.7, compared with 938.2 the pevious Friday. The SMI index of leadiig shares roseReuter - 378 words
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Article635 1990-11-05 22 Nov 2 Clow Previous NEW YORK How Jooes 2.490.84 2.454.95 +35 89 NYSE Financial 108 90 105.22. +3 68 SAP 500 ***** ***** 4.83 Turnover (million) 168.7 159.3 +9.4 LONDON Financial Times 30 1.570.7 1.572.11 -1.4 FTSE 100 2.0307 2.028.2. +2.7 Turnover (million) 403.4 373.7 +29.7 AMSTERDAM CBS Tendency Index635 words
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Page 22 Advertisements
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Advertisement7 1990-11-05 22 Innovation and Technology in BT every Tuesday7 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article472 1990-11-05 23 FOREX MARKET REPORTS Reuter THE US DOLLAR closed lower in New York in active trading, especially against the yen, as bearish sentiment weighed the US currency down on Friday. Most of the dollar's decline occurred overseas, as Asian and European players established short-dollar positions beforeReuter - 472 words
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754 1990-11-05 23 ASIAN CURRENCIES THE US DOLLAR gained ground against most Asian currencies last week amid increased demand for the US unit. The Japanese yen fell, while the Singapore, South Korean and Taiwan units all firmed. The Australian, Hongkong, Indonesian and Malaysian currencies all eased against754 words
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Article392 1990-11-05 23 Cross rates Nov 3 USS SS MS Dm Yen SFr AS NZS USS 1.7045 2.6940 1.4928 127.70 0.5105 1.2608 1.2827 1.6393 SS 0.5867 1.5805 0.8758 0.7492 0.2995 0.7397 0.7525 0.9618 MS 0.3712 63.27 0.5541 0.4740 0.1895 0.4680 0.4761 0.6085 Dm 0.6699 1.1418 1 8047 85.54 0.3420 *****392 words
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Article540 1990-11-05 23 Interbank rates S$ Bid Offer Overnight 6 5/8 6 3/4 1-month 6 9/16 6 11/16 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 Overnight mode: 6-9/16 US$ High 7 days 8 TTl8 1 month 7 15/16 7 13/16 2 months 8 7 13/16 3 months 8540 words
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501 1990-11-05 23 Reuter A SURPRISE Lombard rate increase last Thursday is a clear sign that Bonn is under increasing pressure from the Bundesbank not to rely too heavily on capital markets to meet the soaring costs of German unification, analysts said. "It's wrong to see the rateReuter - 501 words
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400 1990-11-05 23 Reuter THE BUNDESBANK'S one-half-percentage-point increase of its Lombard rate to 8.5 per cent on Thursday may help the Federal Reserve delay its easing process, economists said. "With the German rate increase, it is difficult for the Fed to ease, especially with the dollarReuter - 400 words
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510 1990-11-05 23 Sin Huat Bullion - GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion LAST TUESDAY'S better than expected US third-quar-ter GNP estimates lessened recessionary fears and helped spot gold rise from Monday's low of U*****.20/369.70 to a peak of U*****.75/384.25 on Thursday. Gulf tensions were strong early in the week510 words
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Article292 1990-11-05 23 imm Nov i DEUTSCHE MARK Open High Low Sett Vol Op/lnt Dec 90 0.6579 ***** 0.6576 0.6650 ***** ***** Mar 91 ***** 0 6562 ***** EUROOOLLAR Open High Low Sett Vol Op/lnt Dec 90 92 10 92.15 j£ ***** *****7 Mar 91 92.31 92.39 TOM 2 iz JAPANESE292 words
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Article386 1990-11-05 23 BANKS ABN Bank 8'/i Allied Irish Bank PLC 8V« American Express Bank 8'/, Am'Dam R'terdam Bank 8'/j Arab Banking Corp 8'/ 2 Arab Bank PLC V/, Asia Commercial Bank 7'/, ANZ Banking Group 8V« Ban Hin Lee Bank 8'/« Banca Commercial 8'/j 8'/« Bangkok Bank 8'/ 4386 words
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COMMODITIES
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Article226 1990-11-05 24 Reuter VIETNAM has joined the International Coffee Organisation (ICO). The Vietnam News Agency reported on Friday that Vietnam became the 75th member of the ICO at a recent meeting of the International Coffee Council in London. By the year 2000 Vietnam hopes production will reach 160,000Reuter - 226 words
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284 1990-11-05 24 AFP THE International Wheat Council (IWC) last week revised its world July 1990June 1991 wheat output forecast to 595 million tonnes, up 11 million on its last estimate a month ago and compared with an estimated 543 million tonnes in 1989-1990. The London-based councilAFP - 284 words
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167 1990-11-05 24 AP GLOBAL PRODUCTION of cocoa beans in the 1990-91 marketing year is forecast at 2.39 million metric tons, about the same as last season, the US Agriculture Department said last week. The department's Foreign Agricultural Service said that still would be about 3 per centAP - 167 words
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898 1990-11-05 24 REPORTS OIL PRICES last week had one of their quietest weeks since the Gulf crisis began, and the crisis also appeared to relax its grip on other commodity markets. An apparent escalation of Gulf tensions in the early part of the week failed898 words
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Article1195 1990-11-05 24 Rubber RAS (fob in totes) S ccnts/kg Int I RSS Close Oct 29 150.75 Oct 30 151.75 Oct 31 152.25 Nov I 153.25 Nov 2 152.50 MBELB (lob in bates) M cents/kg Int I RSS Close Oct 29 236.50 Oct 30 237.00 Oct 31 237 50 Nov I 2391,195 words
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Page 24 Advertisements
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Advertisement793 1990-11-05 24 NOTICES THE COMPANIES ACT CHAPTER 50 Section 293<2)(b) NOTICE OF RESOLUTION I. P. SHARP ASSOCIATES (S) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of I P Sharp Asso ciates (S) Pte Ltd held at 36 Robinson Road #18-01 City House, Singapore 0106 on the 31st day793 words
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Advertisement743 1990-11-05 24 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 GIM LEE COMPANY (PTE)LTD (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE ISHEREBYGIVEN that pursuant to Section 308 of the Companies Act. Cap 50 a Final Meeting of the Creditors and Members of the above-named company will be held at743 words
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Advertisement13 1990-11-05 24 [FOR WHO] WHAT, wtiERE AND WHEN IN THE MARKET Kvery Thursday ADVERTISING MARKETING13 words
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Advertisement16 1990-11-05 24 Read Cluirtpoint, a guide lo investing in (he stock market, livery Saturday in Business l imes.16 words
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THE TRAVEL PAGE
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Article1004 1990-11-05 25 City Flight ETA Flight ETD Adelaide SQ228 1900 SQ227 2130 Amman RJ182 1445 RJ 183 2320 Amsterdam KL841 1140 GA892 1055 SQ23 1325 KL842 2105 Auckland NZ35 1625 NZ28 1815 SQ388 2030 Bandar Serf Begawan SQ181 1410 SQ182 0915 Bangkok CI664 0750 QF62 1135 RA408 08151,004 words
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Article, Illustration547 1990-11-05 25 Brenda Fowler - POSTCARD FROM VIENNA By Brenda Fowler IN THE MINDS of many travellers, Vienna ranks alongside Geneva and Tokyo as one of the most expensive cities in the world. In fact, recent travellers here have commented that it now seems cheaper than Italy. One thing547 words
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Article152 1990-11-05 25 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.320 1.340 Canadian dollar 1.452 1.472 NZ dollar 1.028 I 058 Sterling pound 3.3100 3.3400 US dollar 1.7040 1.7140 IxxtiI dollars to 100 units of foreign currency Austrian schilling 15.90152 words
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Article120 1990-11-05 25 Duration Title Venue Organiser Tej Duration Title Venue Organiser Td Nov 4-9 International Spain Fotre De 3/423.31.01 Chemical Barceione NoV 14 20 Pam Sopros-Blenheim 1/*****000 c Technical 1 1 lon Exhibition of Nov 6-9 Building Hongkong Business *****00 Equipment A Mgt Services Asia "90 Convention Industrial Trade120 words
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Page 25 Advertisements
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Advertisement7 1990-11-05 25 Executive Jobs every Saturday in Business Times7 words
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Advertisement316 1990-11-05 25 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) ANO IN THE MATTER OF DUCALINDO SAKIT TRADING PTE LTD (Incorporated In the Republic of Singapore) (In Liquidation) (Membvre Voluntary Wlndtng-Up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 10 Anson Road. *27-14 International316 words
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Advertisement297 1990-11-05 25 IN THE MATTER OF MOON SUN PRINTING INDUSTRIES PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) Registered office: Bk 3006 Bedok Industrial Pa/k E. #01 -163ft40 Singapore 1646 NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Corrpenies Act. (Chapter 50) that a Final General Meeting of the297 words
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Advertisement359 1990-11-05 25 NOTICE NOTICE IS HEREBY GIVEN that, I, Rosaline Soot Ser Hong of 81 Gardenia Road, Singapore 2057, have applied for a Pint Class Public House licence in respect of premises at M/s Ming's Cafe k Pub at 207 Upper Thomson Road, Singapore 2057, and that this application will be heard359 words
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Page 25 Miscellaneous
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Miscellaneous187 1990-11-05 25 18 He found Livingstone 21 He let rice powder substi--25 Do help clear the place kept in (3) 27 Bequeath in a touching way? (4,2) 6 Water pistol used for 23 Pair up to hearten a merry 28 The wind that somehow shad y purposes (5,3) old soul (6) set187 words
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Miscellaneous213 1990-11-05 25 Singapore Outlook: Cloudy with occasional rain in the late morning and early afternoon. Forecast: Max temp 30.3 assoc humidity 73% min temp 26.6* C assoc humidity 90% hrs of sunshine 1.30 rainfall in mm Trace rainfall this mth 50 rainy days this mth 3 World Report Asia-Pacific Hi/lo* C'ond. Auckland213 words
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Miscellaneous33 1990-11-05 25 P I I'll come. ujiTM >jou ...J (I'm RdR ft NEW GfcftMD) (LUNCM N Ty>e to mp><e ft |S"fIRCT ON fr\v/ CHfclSTVlprSy VSVVOF^mCb. v. 8296 C EVENING STANOAKO CO LTD.. 19*2 1990 V>C*W.33 words
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Article, Illustration484 1990-11-05 26 Magdalene Ng - Plenty of room for improvement, says PM-designate By Magdalene Ng PRIME MlNlSTERdesignate Goh Chok Tong yesterday launched "Clean and Green Week" with a challenge to Singaporeans to keep the environment clean without the threat of punishment. During a morning ceremony at484 words
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242 1990-11-05 26 Reuter THE Independent Broadcasting Authority (IBA) said it was not consulted about the merger of two British satellite television channels announced on Friday and called for urgent talks. "The consent of the IBA is required for the transfer of the contract forReuter - 242 words
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191 1990-11-05 26 AFP SIXTY four per cent of the British public think that Prime Minister Margaret Thatcher should step down, according to a poll taken in the wake of the resignation last week of Deputy Prime Minister Sir Geoffrey Howe and published by The Independent newspaper yesterday.AFP - 191 words
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342 1990-11-05 26 Reuter CHINESE Commerce Minster Hu Ping said China's leaders are agreed on the need for price reform, but are not about to embark on a rapid overhaul. "We cannot adjust all prices at once, in one day or one year," he told ReutersReuter - 342 words
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185 1990-11-05 26 Agencies SOUTH AFRICAN antiapartheid leader Nelson Mandela left Malaysia for Brunei yesterday after obtaining a pledge of US$5 million from the Malaysian government. Mr Mandela, deputy president of the African National Congress (ANC). was seen off at Kuala Lumpur airport by Prime MinisterAgencies - 185 words
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375 1990-11-05 26 Claire Leow - By Claire Leow INDONESIA has great potential for oil drilling and may yet achieve the levels it reached in the boom of the *****, predicts Neal P Cramer, president of Western Geophysical, a leading firm in geophysical exploration. The company's marketing manager for Australasia,375 words
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Article, Illustration44 1990-11-05 26 About 600 dolphins were clubbed to death on the shores of Japan's Goto islands by local fishermen last Saturday. The fishermen, who took the dolphin meat home, say the mammals hurt their livelihood by eating the fish in local waters.44 words
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Page 26 Advertisements
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Advertisement109 1990-11-05 26 PiageT /(WILLIER EX I/ORI/KIERIE im IS IS7/ cexeve INTLJOINT VENTURES I: m- jx Dynamic group interested in setting up in < East Africa and India various viable PRO) ECTS, including Food and Beverage units, 1 g§ Hotels, Brewery, Garments, Computers I Peripherals, Toys, Shoes, Chemicals and other I products with109 words
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Advertisement52 1990-11-05 26 PiageT imi urn im is im GENEVE The Richness Of Leather Handmade To Perfection ii a r: -*<v- v U made in Italy Sole Agent Shriro (Singapore) Pte Ltd Authorised Dealers Amencaya Branches Damaru Singapore Euro Shoe Shop and Branches Melwani Branches Nan Hen Leather Salamander Shoe Shop (Marina Square52 words
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Shipping Times
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250 1990-11-05 27 Malini Tambyah - By Malini Tambyah DUBAI-BASED Henderson Marine Consultants has opened a branch in Singapore with the aim of capturing a share of the growing market for marine services. It is in the process of forming a joint venture with Seafirst Maritime,250 words
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138 1990-11-05 27 AFP THE Coordinating Committee on Multilateral Export Controls (Cocom) has opposed the sale of two Airbus aircraft to Vietnam, Western economic and diplomatic sources said. Vietnam's national airline Hang Khong Viet Nam ordered the aircraft early this year from Airbus Industrie, the EuropeanAFP - 138 words
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231 1990-11-05 27 THE LACK of special port facilities to unload imported scrap iron in Indonesia has caused concern among local steel manufacturers. The chief of the Association of Indonesian Ingot and Steel Billet Manufacturers, Mr Suhendro, said that inadequate port facilities had hindered scrap iron231 words
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Article, Illustration387 1990-11-05 27 Othman Abu Bakar - By Othman Abu Bakar MALAYAN RAILWAY'S (KTM) freight division is confident of repeating its good performance this year after registering good revenue growth in the last three years. For the first eight months of this year, the division has already chalked up387 words
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256 1990-11-05 27 AP CHINA will open a shipping office in Cyprus and begin registering its ships under the Cypriot flag in a unique agreement announced last week. The government said the agreement was made during the just concluded visit to China by a CypriotAP - 256 words
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304 1990-11-05 27 Selva Kumar - By Selva Kumar A MAJOR trans-Pacific conference will lose another member by the end of the year as liners in the Far EastNorth America trade face softer freight rates and excess capacity. South Korean shipping major Hanjin Container Lines has decided to304 words
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316 1990-11-05 27 Al 0 Labita - From Al 0 Labita in MANILA THE PHILIPPINES is seeing a slowdown in cargo throughput which government officials attribute to the slump in the national economy. In its latest report released last Wednesday, the state-run Philippine Ports Authority (PPA) said cargo traffic totalled316 words
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NEWS SUMMARY
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Article40 1990-11-05 27 The highway patrol minus the red and blue light atop has been checking ships that may be trying to break the UN trade embargo against Iraq. Policing the waters has achieved some results. Page 240 words
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34 1990-11-05 27 ELECTRONICS group Philips said talks that began in July with Dutch transport group Nedlloyd Groep about the sale of its transport activities have been called off. Back Page34 words
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48 1990-11-05 27 KLM ROYAL Dutch Airlines, which earlier reported a 69 per cent fall in second quarter net profits to 50.8 million guilders, repeated its forecast made on Oct 4 of a considerable loss in the year to March 31, 1991 Back Page48 words
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31 1990-11-05 27 Group threatens US f Canada port projects THE environmental concerns of citizen groups threaten bulk cargo expansion projects in the US and Canada, a Vancouver Port Authority spokesman said Back Page31 words
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Article36 1990-11-05 27 THE Japanese government has rejected United Parcel Service's request to fly into Tokyo's international airport after the United States turned down plans for Japanese cargo (lights to Chicago. Back Page36 words
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LOG BOOK
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75 1990-11-05 28 OY WARTSILA AB said its Wartsila Project Export unit agreed to start modernising the Nevski shipyard near Leningrad in a hard currency deal worth 10 million markka. Initially, Wartsila would provide engineering and supply some machinery and equipment. It was negotiating further modernisation of75 words
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Article86 1990-11-05 28 KDD (Overseas Communications Japan) said it has eased restrictions on the joint use of international leased circuits in accordance with an agreement reached at US-Japanese telecommunications talks on Aug 1. The giant international telecommunications company said that a contractor using the international leased circuit service will86 words
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Article105 1990-11-05 28 VESSELS registered under the proposed Hongkong register of shipping will be exempt from tax on profits, Hongkong Secretary for Economic Affairs Anson Chan said. Shipowners had lobbied hard for the exemption to bring it in line with other major shipping jurisdictions. Hongkong, currently a105 words
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Article84 1990-11-05 28 THE Thai general cargo/container vessel Hai Hing collided with the Cypriot-flagged freighter Frio Hellenic at a Thai river port near Bangkok on Oct 27, causing damage to both ships and a wharf, Lloyds Shipping Intelligence Service said. The accident happened at wharf number five, Amphoe Phra84 words
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Article71 1990-11-05 28 TWELVE people aboard a United Airlines flight from Hongkong to Seattle were injured on Thursday when the jumbo jet was buffeted by heavy turbulence. The SeattleTacoma airport said the 12, including three flight attendants, were examined by airport medical personnel upon arrival. United Airlines said71 words
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Article91 1990-11-05 28 SHIPBUILDER Van Der Giessen-de Noord NV said it has won a 200 million guilder order from a unit of Italy's Istituto per la Ricostruzione Industriale (IRI) for five roll-on/roll-off vessels. The company said the ships are for the Finmare shipping subsidiary of IRI. The91 words
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Article, Illustration674 1990-11-05 28 The highway patrol minus the red and blue light atop has been checking ships that may be trying to break the UN trade embargo against Iraq. Policing the waters has achieved some results. AP ABOUT three times a day, a hand-picked teamAP - 674 words
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285 1990-11-05 28 Reuter THE Gulf crisis and resulting rise in oil prices will not derail US railroads. Indeed, in a report, Chicago Board of Trade (CBOT) transportation manager John Dobrzynski said it could be the best thing to happen to railroads since the lastReuter - 285 words
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Article940 1990-11-05 28 THIS twice weekly report, compiled by Cockett Marine Oil Lid, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and940 words
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Article12537 1990-11-05 36 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 maximum12,537 words
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SHIPS IN PORT
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Article596 1990-11-05 43 torn* fcyH» Ml knM Oyrtn Kapptl Wharves Continent 1 9/90 K29 atongs*)e 04.11/1600 Flora 1A K34 alongside 11.11/1200 Gold Asia 7E K30 alongside 04 .11/1100 Kota Abadi E 871 K32 alongside 06.11/2300 Kota Berani W-614 K31 alongside 0511/1300 Una 101 ***** K33 alongside 0411/2300 nwrunn 58 K34596 words
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Article1086 1990-11-05 43 RECEIVING OF EXPORT FCl CONTAINERS AND La CARGO Record Boofch(/Babnce 1Mb 9# Voy No Etb/Btr Period From To From Aa Dacy 5A 07/0700 2 04/1700 05/0659 05/0900 4 05/1200 05/1459 05/1700 Aa l*y 38 05/1300 1 04/1500 04/1659 04/1900 Anson *****N 06/1500 2 04/1700 05/0659 05/0900 4 05/12001,086 words
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Article396 1990-11-05 43 Pim Pft B»1h on Nov 5: 1: Banglar Urmi; 2: Wu Chang 3: Pacific Samudera; 4: Pacific Bahagia, Safina E Ismail; 5: n* 6: nil. BCT: Bl: Bangpakaew; Bl: Tanta; l/B: Pacific Gembira. Prang Mart N6. Deh Lastari; CW Victory, Bintang Mekar; S8 nil WIP: Ulu Bernam.396 words
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Article906 1990-11-05 43 THE DRY cargo freight market on Thursday saw steady and firm grain rates and widespread interest, notably in time-char-ter business, but a wait-and-see mood has begun to replace the recent enthusiasm, brokers said. The Baltic Freight Index (BFI) rose two points to 1,311 with the key US Gulf/Japan906 words
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181 1990-11-05 44 Reuter ELECTRONICS group Philips said talks that began in July with Dutch transport group Nedlloyd Groep about the sale of its transport activities have been called off. "Both we and Nedlloyd came to the conclusion that it wouldn't work, but our strategy isReuter - 181 words
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Article, Illustration232 1990-11-05 44 AP THE Japanese government has rejected United Parcel Service's request to fly into Tokyo's international airport after the United States turned down plans for Japanese cargo flights to Chicago. UPS had planned to start daily flights at the end of October betweenAP - 232 words
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387 1990-11-05 44 Reuter KLM ROYAL Dutch Airlines, which earlier reported a 69 per cent fall in second quarter net profits to 50.8 million guilders, repeated its forecast made on Oct 4 of a considerable loss in the year to March 31, 1991. The 50.8Reuter - 387 words
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188 1990-11-05 44 Reuter THE environmental concerns of citizen groups threaten bulk cargo expansion projects in the US and Canada, a Vancouver Port Authority spokesman said. "Unless we unite as an industry, the environmental green light could flash red on bulk development in the US and Canada,"Reuter - 188 words
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Page 27 Advertisements
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Advertisement254 1990-11-05 27 #SHIP LASHINQ MATERIALS SPECIALIST MINTERMARINE SUPPLY CO (PTE) LTD TEL: *****33 (6 LINES) FAX: *****77 SEND A COUIYTRY REPORT Mow and then, you send performrp. r ance reports to your head office or Ihe Straits limes! EM WEEKLY OVERSEAS EDITION i -SKSL-I I Make your report complete with a -»«?-»»■fngy254 words
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Advertisement28 1990-11-05 27 Cockett Report I Contam Schedule 17 Daly Froghts 17 Mo to Advertisers 3 Shipping Guide 10.11 Shps m Port 17 Smgapore Tiles 17 Weather and Sea ContMons 1728 words
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Page 28 Advertisements
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Advertisement288 1990-11-05 28 NOTICES |£S I IMPORTANT NOTICE Panamanian Registered Vessels THE CONSULATE GENERAL OF THE REPUBLIC OF PANAMA IN SINGAPORE WISHES TO REMIND THE SHIPPING COMMUNITY THAT 1991 ANNUAL TAXES ARE NOW DUE AND PAYABLE FOR ALL PANAMA REGISTERED VESSELS. THE CONSULATE STRONGLY RECOMMENDS THAT SETTLEMENT OF SAID ANNUAL TAXES BE EFFECTED288 words
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Advertisement117 1990-11-05 28 TELEPHONE: 730-5937/5902/5942 FAX: 73 4 >498 A Retail Based Group of Companies in Singapore requires a SHIPPING MANAGER The incumbent, in his mid-thirties, will report to the Vice-President, Operations and will manage a Shipping Department of three. He must have at least 10 years' experience in a similar position and117 words
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Page 29 Advertisements
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Advertisement2197 1990-11-05 29 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint, Singapore 0206 \IVVF# Tel *****11 TELEX NO RS ***** IffTTTIII TERMINAL CFS Tel *****18 220 P Cmftl Tu BOOKINGS Tel *****34 235 L. \W# M »ESAKA JAROINE SHIPPING AGENCIES SON PORT KELANG TEL: *****18 TELEX MA*****/MA***** PENANG TEL *****4 TELEX NO2,197 words
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Advertisement1283 1990-11-05 29 INDEX TO ADVERTISERS Page Col P««« Col lAI I M I ABC Containerlinc 13 5 Mac-Ncls Agencics 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 AFS 15 I Madju Sdn Bhd 16 1/2 Ahrenkiel Liner 6 3 #M acrekLine 3 4/5 Albatros Sea-Air 14 5 Mainfreight 15 4 Alfred1,283 words
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Advertisement2269 1990-11-05 29 m w 4 Veaaei Voy ETA I ETO "Port "Penang DESTINATIONS Singapore Kelang Tlx* Louis M 9010 1 F«®a«' by cv •11 0000 mrs rarco I CFS S/11 ns9 MBS M Tauro OAK LOB MOO MEM ATL MIA CMS BAL PHL NYC MON TOR i LOUIS M 9010 6/11 7/112,269 words
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Page 30 Advertisements
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Advertisement1252 1990-11-05 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOLAGA BAY 12/534 6/11 23/11 26/11 LIVERPOOL BAY 02/533 8/11 4/12 28/11 30/11 26/11 2/12 CITY OF EDINBURGH 92/537 13/11 1/12 3/12 5/12 KASUGA 12/536 15/11 10/12 4/12 6/12 3/12 9/12 TOKIO EXPRESS 96/540 18/11 5/12 8/121,252 words
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Advertisement623 1990-11-05 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOKKANA 28/11 10/12 12/12 17/12 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO APIA I NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLORFANA 28/11 30/12 31/12 4/1 Alto accepting Cargo to Callao (Peru) via Valpa Agents: SINGAPORE: *****56623 words
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Advertisement1507 1990-11-05 30 sjms REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSI/VOY SIN ALC BCL FEI ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HAM) N. Al MANSOORAH 9035 3 07/11 26/11 28/11 30/11 02/12 03/12 04/12 05/12 08/12 JAPAN SEA 036W 12/11 03/12 04/12 08/12 10 12 11 121,507 words
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Page 31 Advertisements
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Advertisement1707 1990-11-05 31 S^gSteamers Maritime Holdings Ltd mt PflrO ■> m STRAITS SHIPPING WRfL CZ Sliifafort to BrvMl E«t Malaysia, Containers Mjo vi,a ACCEPTS OUt SAILS Voy No P Klang Spoit* S'ton H'buig B'haven If dam Leli CARGO TOIAGA BAY ***** CITOIU 06,11 2411 25.11 »11 L LIVERPOOL BAY «533 ♦ItXttll OfU 021,707 words
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Advertisement1883 1990-11-05 31 TO: EUROPE TO: FAR EAST SP IM ROM HA* 8 HVN FIX SPORE HK KAO ROB BU CHOYANG VICTORY 001* 12/11 30/11 1/12 2/12 4/12 5/12 HANJIN FELIXSTOWE 004E 5/11 «/ll 9/11 12/11 15/11 HANJIN LEHAVRE 010* Kill 4/12 7/12 0/12 10/12 11/12 CHOYANG PARK 010 C 12/11 15/11 IS/U1,883 words
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Advertisement397 1990-11-05 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESStL TRADER Kr S TRADCT VOY NO 5 13 11 Spore 1/11 15/11 UAI llfll P. Kelang 10/11 1«/11 I*/H 21^11 Hongkong 19/11 Calcutta I Yokohama 25/11 Nagoya Osaka 2®Al Senboku 24/11 Tokyo Hochiminh •For Discharging Only NOTE: ALSO CALLING OTHER397 words
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Page 32 Advertisements
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Advertisement584 1990-11-05 32 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY S PORE ROAM/ADAM H BURG BREMEN ANTWERP SfItWIJAYAjXWB 20-24/11 21)12 2S/U 3/1 6/1 KUTAI/21WB !S-iyi2 17/1 23/1 28/1 30ft FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Mucement Also accepting cargo to Caufctanca, Port Said, Port Alexandria. Genoa, Trieste. ALSO ACCEPTING584 words
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Advertisement799 1990-11-05 32 6?) HANJIN SHIPPING 1 FULL CONTAINER SERVICE S port LsHavrs R'dam H burf B'havati (Home FEEDER VSL SIN LINE HAUL LAX OAK 12/11 29/11 30(11 1(12 3/12 4/12 J^'« T OIK 004E Sfll H. KUNSAN/067E »11 2/li 17/11 5/12 6/12 7/12 9(12 10(12 SKm!"® IWI H POHANC 104E 7/12 9/U799 words
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Advertisement1419 1990-11-05 32 -J T -JTra^Tßki IPKL SCP HKC KSC KLC PUS MKT OS* SM2 TYO LAX CHS lAL NYC LHV ANW ROM FLX HK Stf I I GOLDEN RE-021 VII *11 13/11 Wl 1101 IMI 21/11 Q/U Bfll «11 '|U UfU 2VU 2VU 2fl 3/1 4/1 W 31/1 I GUIDE RE-Ott 14/111,419 words
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Page 33 Advertisements
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Advertisement1883 1990-11-05 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mm AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION OEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA u IMQ utMA K.L.-(03) *****33, P.Kelang-(03)1,883 words
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Advertisement1119 1990-11-05 33 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 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUWD LOADING FOR WESTBOUND VESSELS VOYAGE ISPOBt |¥«mi» HKONC~ VOYAGE SPORE PKLANG HBURG B HAVEN TILBURY RQTT1,119 words
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Page 34 Advertisements
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Advertisement1693 1990-11-05 34 if B"K" LINE KAWASAKI RISEN KAISHA. LI D. f j EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST FEEOER VESSEL VO* "INOO -PH/PNC SCP MOTHER VESSEL VOY L( OAR CHI NYC !5?!i S 7/ QUEEN'S WAY BRIDGE 9 Ml 7/11 10*11 MACKINAC BRIDGE 41 2/12 5,12 6*12 I<Vl21,693 words
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Advertisement1206 1990-11-05 34 ym PHILI'OMCNT UN€S PT€ LTD ll—loB ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY air, land or sea... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION "HMT NOV MONTREAL, OTTAWA, TORONTO, 9 NOV DUBAI, DAMMAN,1,206 words
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Page 35 Advertisements
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Advertisement1636 1990-11-05 35 PACIFIC INTERNATIONAL LINES (PTE) LTD n J Jhl PIL Building, 140 Cecil Street HKXHX), Singapore 0106. VESSEL voy sin jkt sin vessel voy SIN bkk sin EDEN 9037 9/11 11/11 IS/11 HAI YING 04N 1/11 S/11 13/11 KOTA PANJANG 11SB 13/11 IS/11 PEGASUS PROGRESS S4IN 3/11 S/11 1»/11 GOWA S9SB1,636 words
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Advertisement1111 1990-11-05 35 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint M Fax: *****63 Singapore 0208. Telex: RS ***** feiEXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN R'DAM LHAVRE ToJaga Bay 12/534 6/11 Via Cit 24/11 26/11 28/11 Liverpool Bay* 02/533 9/11 1/12 27/11 Via1,111 words
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Advertisement313 1990-11-05 35 MYANMA Ipß* five star une (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI63W 1,10 No* PATHEIN VIO7W 16/18 Nov -12/15 NOV HPA-AN VIS7W 14/16 No* MYOMAYWA VI3IW 11/22 Nov 23/27 Nov SITTWE 21/26 Nov (lOC FOR RDAM'HMBG;ANTWP) ■a* THE BANK LINE (A Mrvtc* of Andrew313 words
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Page 38 Advertisements
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Advertisement810 1990-11-05 38 /jMllSk-l INESjjl^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG EUROPEAN SEN *F0» IS/11 M 2 9/12 11/12 12/12 14/12 SACHSEN WMOOI 14/11 12/12 11/12 13,12 9IU MECKLENBURG WKXU 2*ll 23/12 22/12 24,12 21/12 ASIAN SEN *FOM 29/11 22/12 21/12 20/12 21/12810 words
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Advertisement1428 1990-11-05 38 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 loading for (also loading for buenos aires) OUR CONSOLIDATION SERVICES TO' V(SS£L wo 1 cao MN "v"* o STS T PA <* A uun uuwovLiiin i iun ocnni»co iu. mostween i m/u im 27/12 11 is/i 17/1 opt vmok; FAR EAST I I1,428 words
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Advertisement1281 1990-11-05 38 S CHINA OCEAN SHIPPING COMPANY 2, MISTRI ROAD. HMIC BUILDING TEL: *****00 FULL CONTAINER LINER SERVICE TELEX, RS 20*ICOSHIP CR NO: **********0 M FAX: *****66 General Agents: CORAH SHIPPING PIE LID BLE COSTA UNt tokwom reoimmow VESSEL/VOY SO FLX ROT HAM AWT DM VESSEL VOT FIX HOT HAW AWT PKK1,281 words
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Page 39 Advertisements
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Advertisement790 1990-11-05 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 10/11,17/11 EUROPE all Ports 7/11, 12/11 BANGKOK 10/11, 14/11 HONGKONG/CHINA 12/11, 15/11 SYD, MEL, ADEL, BRIS 7/11, 10/11 FREMANTLE 12/11, 19/11 MANILA 8/11, 15/11 PKLG/PENANG 12/11, 19/11 Port Kslang Branch Tal: *****21/2/3 Fa*: *****24 Panang Branch790 words
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Advertisement234 1990-11-05 39 STBFIELO MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Llnaa) rn FAX: *****15/*****03 IOJj TELEX: RS ***** RISHIP (3 Llnaa) Pt\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEI Ivov ETA LOACHNO FOR SPORE NETSANET JOWB 13/11 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT 23W8 6/V2234 words
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Advertisement791 1990-11-05 39 takM p T- maskapai pelayaran WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS oFfPORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 •fMOAPORK INDONSfIA BiAVJC« VSL VOY SIN JKT791 words
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Advertisement980 1990-11-05 39 BANGKOK CEBU/MANIL* I*"-! T"" I I I"" tw 1 rwMl co» l —uj MAHA BHUM# 33N In Pt 5/11 Thur 7/11 SO ORIENT 45R 9/11 14/11 16/11 JENLINK 30N Wed 7/11 Sat 10/11 THAN* BHUM 46S 16/11 22/11 24/11 NANTA BHUM 14N Thu 6/11 Sun 11/11 SO ORIENT 47R 73/11980 words
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Page 40 Advertisements
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Advertisement1049 1990-11-05 40 MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL *****02 TEL (04) *****6 KK TEL (088) *****0 IjAWAU TEL (089) 7/86/9 ~|P KELANG TEL: (03) *****// KUCHING TEL (082) *****3 SKAN TEL (089) *****2 ~l\-/ Z J BAHRU TEL: (07) *****2 SIBU TEL (084 *****2 LABUAN TEL (08/) *****9 JAKARTA TEL: (21)1,049 words
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Advertisement490 1990-11-05 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI fully containerised monthly sailings DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCI. LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PLY AUCK LVT MANDAMA 0584 11 Nov 73 Nov Via NPI 75 Nov490 words
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Advertisement1258 1990-11-05 40 /351 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor I ETA IptST VESSEL VfT ETA BEST KIM SOON LI 43/90E 05 NOV PENANG1,258 words
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Advertisement686 1990-11-05 41 COMPANIA PERUANA DE VAPORES Y "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore THOMASEVERETT 06/07 Nov 08/09 Nov KARABIEVERETT 12/14 Nov 15/17 Nov ROSEEVERETT 19/20 Nov "EVERETT ORIENT LINE" JAPAN/BAY OF686 words
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Advertisement608 1990-11-05 41 VSL VOY S PORE MAINLINER LAX KST |SAV NYC [HFX ZIM TRIESTE 12U 11,11 ZIM PUSAN lft U 1«U 122/U tHU OtU ZIM YOKOHAMA IK 15/11 ZIM PUSAN llyU 20(12 |»U 24/12 21/12 ZIM KAOHSIUNG L2tt 1/12 ZIM L IVOR NO 1/1 10/1 11/1 I*l 17/1 ZIM KOPER 13E till608 words
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Advertisement629 1990-11-05 41 Msing kwang hang wn»wa ft TRANSPORTATION (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 8/11 11/11 I JENWEL 10/11 I— I 13/11 VESSEL SPORE BANGKOK A VESSEL 5/11 8/I_l A VESSEL 7/11 10/11 DESTINATIONS ETA SINGAPORE PORT KELANG 9 NOV MANILA 10 NOV HONG KONG. ALL CHINA PORTS629 words
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Advertisement514 1990-11-05 41 ns PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBY PRASETIA 117 A 07/11 1(V11 PELOPOR 961 10/11 13/11 PRASETIA 119 A 14/11 17/11 PELOPOR 962 17/11 20/11 TANTO UTAMA 117 04/11 07/11 TAN TO U TAMA 119 10/11 13/11 TANTO UTAMA 121514 words
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Advertisement324 1990-11-05 41 SIN FAN EAST 4/11 KEELUNG/KAOHSIUNG 4/11 BANGKOK 3/11 MANILA/CEBU 3/11 JAKARTA/BELAWAN/SURABAYA 2/11 PORT KELANG/PENANG/E. Malaysia 2/11 BUSAN 4/11 TOKYO/YOKO/KOBE/NGO/OSA 7/11 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EBIUPE/UK 3/11 LDN/FLX/LYP/SOU 3/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgarta/Czech. I!N USA/CANADA 3/11 LOS ANGELES/NEW YORK all ipi points324 words
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Advertisement630 1990-11-05 42 snjy CB SHIPPING I (IW MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBUIK SERVICE "ANKE" SERVICE SPI POM MISIMA LAE T'VILIE VI9SB 23 2411 112 9(12 «-5/12 13/12 •I SHIP S*i luin Ei Lae W BUNKER SURCHARGE EFFECTIVE VIBSB TEU USDS 6 00 B/BULK USD 5 40 LCI USD 3.50630 words
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Advertisement967 1990-11-05 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BA V2ICW9O 7/11/90 27/11/90 29/11/90 3/12/90 AN V 20-90W 19/11/90 16/12/90 6/12/90 11/12/90 KS V 22-90 A 29/11/90 25/12/90 14/12/90 20/12/90 8M T V 23 CW9O 1/12/90 21/12/90 23/12/90 27/12/90 Y M V 22 90W 15/12/90 9/12/90967 words
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Advertisement516 1990-11-05 42 Ifil ißj W operetta ovtr 600 wmiiwto/offtoMß In U.3.A. I II /II J maintains ovar 35.000 tracton truck*. V II M CEF* Mni ovtf 60.000 points in U.S.A. W ofi,M L CL/FCL MfVNM. miA/STJA//C Cp/) KL: allied-LINK SINGAPORE: 04-*****2 03-*****65 778 6522(22 linesi SBEA Marina Ong Susan Ng/Chrlatlna Chlaw Iran®516 words
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Advertisement269 1990-11-05 42 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 20NB 3/11 VIGOUR PACIFIC 21NB 13/U BANGKOK 4/11 11/11 BUSAN 5/11 12/11 HONGKONG 5/11 6/11 DURBAN 15/11 29/11 KEELUNG 4/11 11/11 PT. LOUIS 11/11 20/11 PT. KELANG 911 15/11 KOBE 5/11 12/11 PIRAEUS 6/11 9/11 OSAKA 6/11 13/11 JAKARTA 7/11 8/11 SURABAYA 9/11 12/11269 words
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Page 43 Miscellaneous
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Miscellaneous377 1990-11-05 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 MOO 0500 MM 0700 MM ********************14 M ISM IMOI7M ISM ISM 20M 21M 22M 23M 2.7 2.1 2.6 12 1.6 1J 1.0 IIUL7UUMUUUUOIMUU 0.5 U LI n uuauuuuuuiJMiiuuiiuiiiiMiiiiMii 1.7 BK 2.5 2.t 2.5 2.1 1.5 1.1 OJ377 words
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Advertisement305 1990-11-05 44 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU Hlt\ HIAP SHPPNG ENTERPRISE U L: *****66 FAX: *****10 \jfjy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUORA AGUNG KUALA SIAK IV 05/11305 words
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Advertisement729 1990-11-05 44 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 HKG SIN HYUNDAI PIONEER 36E 10/11 15/11 3/12 5/12 7/12 6/12 HYUNDAI INNOVATOR 35W 2/10 5/10 1/10 26/10 4/11 LALANDIA 36E 17/11 22/11 10/12 12/12729 words
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Advertisement597 1990-11-05 44 CHARTPOINT Every Saturday in Business Times EXPORTJTO: UK/CONTINENT (TRIO) Alto Accepting TOLACA.AyUS* rNRMM R DAM UH EB^^m CITY Of EDINBURGH *2/537 12/11 Xll 102 4/12 :to ».lt«. .nd Duh.,n IIMJIUM TOUIO anas 04/540 lIU «U Ml WU i n,mwon ooit.rutwtt. Bolfist tnt Dublin B|M||||ij|^H CARDIGAN BAT 90 5M 122/11 14/12597 words
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