The Business Times, 1 July 1991
1991-07-01
1
42
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The Business Times
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Title Section10 1991-07-01 1 Business Times MCI (P) 16/12/90 Monday, July 1, 1991 75*10 words
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NEWS SUMMARY
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70 1991-07-01 1 LJUBLJANA, Yugoslavia Yugoslav Prime Minister Ante Markovic arrived yesterday for talks with Slovenian leaders, the Slovenian Information Ministry announced. Tanjug news agency earlier said his visit was aimed at bringing about a ceasefire between the Yugoslav army and Slovene forces. Slovene leaders70 words
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26 1991-07-01 1 HANOI Canada will open its first diplomatic office in Hanoi this month, the new charge d'affaires, Marius Grinius, said yesterday.26 words
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Article31 1991-07-01 1 THE problem of counterfeiting in the watch and clock trade has abated somewhat with the imposition of stiff new penalties, but it has not disappeared totally Page 231 words
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Article22 1991-07-01 1 PHUKET will join Batam and Johor in wooing Singaporean golfers with an 18-hole golf and country club Page 722 words
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Article33 1991-07-01 1 A STRONG rise in the US government's main economic forecasting indicators during May has added weight to White House claims that the 11-month-old US recession is over Page 833 words
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Article36 1991-07-01 1 THE EC and Japan have reached broad agreement on a joint declaration extending political and cultural ties but France is pressing for a greater commitment from Tokyo to open its markets Page 836 words
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Article23 1991-07-01 1 THE public share offering of CSA Holdings brings to investors' attention the operations of a systems integration house Page 1023 words
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Article29 1991-07-01 1 VIOLINIST Nigel Kennedy is rocking the classical music world with his unorthodox methods of bringing the works of Max and Viv to the masses Page 1529 words
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Article33 1991-07-01 1 IN AN unprecedented move. 20 shipping lines plying the in-tra-Asia sector have banded together to introduce a terminal handling charge on containers passing through Asian ports. Shipping Times Page 133 words
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MARKETS SUMMARY
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Article37 1991-07-01 1 MALAYSIAN construction group YTL Corp. which has diversified into property development and resort hotels as well as the making of building materials, plans to have separate listings for all four main divisions Page 337 words
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Article20 1991-07-01 1 THE Keppel Group's acquisition of Contech can be expected to fuel further regional expansion Page 320 words
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Article35 1991-07-01 1 MULPHA International Trading Corp expects about MS 500 million (SS3I7 million) in turnover over the next five years when its upmarket coun-try-style residential and resort scheme in Johor goes onstream Page 335 words
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Article21 1991-07-01 1 BRITAIN'S Tate and Lyle has been successful in its hostile bid for Australia's Bundaberg Sugar Page 421 words
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Article35 1991-07-01 1 WANG Laboratories Inc, which has agreed to sell computers made by IBM, has announced plans to eliminate up to 4.000 jobs, or nearly a quarter of its workforce Page 535 words
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Article31 1991-07-01 1 THE Kuala Lumpur Commodity Exchange has already submitted a letter of application on its proposed stock index futures and other financial instruments futures to the Finance Ministry Page 631 words
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Article, Illustration27 1991-07-01 1 Friday Change BT-MGA 717.14 -1.47 Kuala Lumpur ....618.69 -4.00 Tokyo 23.290.96 -252.07 Hongkong 3,668.64 +38.85 Sydney 1.506.2. +5.4 New York 2.906.75 -28.18 London 2.414.82 -37.727 words
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Article22 1991-07-01 1 Exchange rates USS SS 1.7675 100 Yen SS 1.2780 MS SS 0.634*) Money market rates Overnight 5-5/8% +3/8 3-month 6-1/8% 1/822 words
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Article32 1991-07-01 1 Pnhhar KUDoer S'pore July 145.50*/kg unch M'sia July 231.50«/kg -0.5 KL Tin Turnover 62 tonnes +41 Spot MS 15.54/kg +0.09 Crude palm oil Turnover 1,799 lots -56 July MS794 /tonne -432 words
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Article, Illustration588 1991-07-01 1 Alvin Tay - MAS sets floor at 12pc By Alvin Tay THE Monetary Authority of Singapore (MAS) has cautioned local banks that those failing to meet the new minimum capital adequacy level of 12 per cent will be asked to curtail their lending activities and588 words
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458 1991-07-01 1 Shoeb Kagda - By Shoeb Kagda A COMBINATION of oversupply and depressed demand has driven metal prices to record lows, affecting London Metal Exchange (LME) approved warehouses in Singapore. Prices for aluminium, zinc and magnesium have plunged in recent months due to depressed demand in458 words
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Article, Illustration386 1991-07-01 1 Harish Mehta - By Harish Mehta OVER the next few months, the government will focus attention on maximising opportunities for tertiary education for Singaporeans, and it is now framing policies to allow foreign universities to run courses here, and to set up an open university. Prime386 words
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236 1991-07-01 1 S N Vasuki - By S N Vasuki SINGAPORE AIRLINES retained its top position among BTs top 50 Singapore companies ranked by market capitalisation as at end-June 1991. Sime Darby also retained first place among the top 50 Malaysian stocks. The market value of SlA's236 words
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307 1991-07-01 1 Alvin Tay - By Alvin Tay BANKERS have been given greater insights into the thinking of the Monetary Authority of Singapore concerning its eight-year-old guideline on the internationalisation of the Singapore dollar. Speaking at the annual dinner of the bankers' association, MAS managing director307 words
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Page 1 Advertisements
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Advertisement274 1991-07-01 1 5 I! |HKJIk \IIKIMOTO i I 1/ < KAMPOOLI II 1 V'l. |l WLLLLRS II xW'* I ♦>"* l>u Iku J KtuJ IS ((.lounJ M»>or) Sm^jpori A ui v^-nsi Arcratt Schedule 23 Market Reviews 18 World News 8 The Arts 15 Money Changer Rates 23 Commodities 22 Money Market 21274 words
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Advertisement103 1991-07-01 1 ABS to draw up code of conduct for banks, Pg 6 ABS argues against further access for foreign banks, Pg 6 Rediscover your love of flying. Once upon a time you approached flying with a keen perhaps become simpty a means to an end Rediscover the sense o«excrement Then you103 words
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Advertisement10 1991-07-01 1 L V Dulux THE BETTER PAINT Full report, Pg 1110 words
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HOME NEWS
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NEWS ROUNDUP
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87 1991-07-01 2 FROM today, the CPF contribution rate is raised by 0.5 percentage point to 40 per cent in line with the announcement made in the 1991 Budget in March. The employer's CPF contribution rate has been raised from 16.5 per cent to 17.587 words
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Article45 1991-07-01 2 I HE government has appointed V K Rajan as Singapore's next High Commissioner to New Zealand. Mr Rajan, 52, has been in the civil service since 1959. His latest appointment was director of protocol in the Ministry of Foreign Affairs.45 words
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Article76 1991-07-01 2 THE government has revoked the Prohibition of Entry Order of Feb 25, 1956, against ex-Communist Party of Malaya member, P V Sarma, and his family on the condition that they will not engage in politics or do anything to prejudice the security of Singapore. Mr Sarma,76 words
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Article40 1991-07-01 2 TWO Justices' Law Clerks will take up their appointments to serve judges of the Supreme Court from today. Tan Chuan Thye and Andre Francis Maniam will bring the number of Justices' Law Clerks to four.40 words
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217 1991-07-01 2 THE Singapore branch of the Malayan Nature Society is taking positive steps to solve the confusion over its identity by changing its name. The society, which drew up the conservation master plan for Singapore, has often been queried about the word "Malayan" in its217 words
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Article, Illustration492 1991-07-01 2 Harish Mehta - By Harish Mehta THE problem of counterfeiting in the watch and clock trade has abated somewhat with the imposition of stiff new penalties of a fine of up to $100,000 or imprisonment not exceeding five years, but it has not disappeared totally, said492 words
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Article284 1991-07-01 2 PRIME Minister Goh Chok Tong has given up his Defence portfolio as part of a Cabinet reshuffle which was announced over the weekend and which comes into effect today. Taking over as Defence Minister is Dr Yeo Ning Hong, who relinquishes his Communications portfolio. The other284 words
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Article, Illustration210 1991-07-01 2 Schutz Lee - By Schutz Lee HONGKONG'S largest international trade exhibition group plans to transfer its regional operations from the colony to its Singapore subsidiary in the next three to five years. At the same time, Business and Industrial Trade Fairs Ltd (B&I) which staged some210 words
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Page 2 Advertisements
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Advertisement147 1991-07-01 2 1 An inspiring lifestyle begins with d-SCAN Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office 9 with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our 7 Renowned for its simple, clean147 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration547 1991-07-01 3 William Chia - Building materials division to be floated this year By William Chia MALAYSIAN construction group YTL Corp, which has diversified into property development and resort hotels as well as the making of building materials, plans to have separate listings for all the four547 words
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Article909 1991-07-01 3 Pricos as at 28.06.91 Conversion terms Premium/ Expiry (discount) I Amount Optional** using limocl Company (mil Wrts Share Loan Conv Exor LnstK Cash Cash, Loan tearing. Date Mths ■nits) stock ratio prico nom Stk Loft value 2 S S Burwill 115.2 0 208 0 700 1909 words
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186 1991-07-01 3 Bernama KUALA LUMPUR The United Malacca Rubber Estates Bhd has reported a 31 per cent drop in its group pre-tax profit to M 54.92 million (about SS3.I million) for the year ended April 30, 1991, from M 57.18 million a year earlier. Group turnover wasBernama - 186 words
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433 1991-07-01 3 Catherine Ong - THE HOCK LOCK SIEW COLUMN By Catherine Ong RUMOURS that the Keppel group has bought the Shui On Centre, a 35-storey office-cum-retail building in Wanchai, Hongkong, surfaced mysteriously two weeks ago but were quickly denied by company officials. It433 words
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Article327 1991-07-01 3 MBT KUALA LUMPUR Mulpha International Trading Corp (MITC) expects about Mssoo million (about Ss3l7 million) in turnover over the next five years when its upmarket country-style residential and resort scheme in Johor goes onstream. Chief executive Wong Cheng Leong said over the weekend that workMBT - 327 words
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124 1991-07-01 3 Bernama SHAH ALAM Kumpulan Perangsang Selangor Bhd's group pre-tax profit rose by more than one-fold to M 534.4 million (5521.8 million) last year from M 513.3 million the previous year. At company level, the investment arm of the Selangor state government managed toBernama - 124 words
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COMPANY BRIEFS
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124 1991-07-01 3 FABER GROUP has reported a pre-tax profit of M 533.43 million (5521.22 million), with exceptional items amounting to $35.06 million, for the period July I, 1990, to Jan 31, 1991, on a turnover of $39.42 million. Profit after taxation and minority interests was $32.25124 words
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Article106 1991-07-01 3 IJM CORP has acquired a 50 per cent stake comprising 50,001 ordinary shares of Msl.oo (550.63) each in Precast Technology. Replying to a query from the Kuala Lumpur Stock Exchange, IJM said none of its directors or substantial shareholders have any interest direct or indirect in the106 words
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Article93 1991-07-01 3 FEDERAL FLOUR Mills, in a reply to the Kuala Lumpur Stock Exchange on its wholly-owned subsidiary, Pasir Gudang Edible Oils (PGEO), which had entered into a joint venture agreement with Sabah Land Development Board (SLDB) to construct a palm oil refinery in Lahad Datu, Sabah, said93 words
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Article67 1991-07-01 3 FIRST ALLIED Corp Bhd is projecting a pre-tax profit of M 54.599 million for the year ending Mar 31, 1992, following its proposed acquisition of property development company Sri Semangat Sdn Bhd. First Allied proposes to acquire three million ordinary shares of $1 each, representing 10067 words
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Page 3 Advertisements
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Advertisement278 1991-07-01 3 The alternative. A i ANA HOTEL SINGAPORE THE MONETARY AUTHORITY OF SINGAPORE BINOAPOBE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTKY BONDS TO THE PUBLIC AMOUNT OFFERED SGD3(K)MIO I ISSUE CODE N*****0A I ISSUE DATE 12 JULY 1991 I MATURITY DATE 15 JULY 1993 I INTEREST RATE TO BE DETERMINED BASED ON I278 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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97 1991-07-01 4 BOMBAY Tata Iron and Steel Co Ltd chairman Russi Mody said profits for the year to March 31, 1991, were much reduced by changes in Indian tax laws. Taxes jumped 185 per cent to 780 million rupees (Ss6s million) from 270 million. While97 words
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Article70 1991-07-01 4 BANGKOK Thai-Fuji Finance Securities Co has to delay its foray into computerised trading on the Stock Exchange of Thailand because of poor quality telephone lines. The firm was scheduled to start trading on June 28, but will probably now start on July 3. SET executive70 words
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Article71 1991-07-01 4 SEOUL South Korea's Hyundai Merchant Marine Co Ltd, a subsidiary of the Hyundai Group, has signed a US$275 million (Ss4B6 million) syndicated loan with 14 local and overseas banks, a company spokesman said. "The loan will be used to build a 125,000 tonne LNG (liquefied natural71 words
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Article81 1991-07-01 4 TOKYO Japanese steelmaker Sumitomo Metal Industries Ltd will invest in US magnetic head maker Read-Rite Corp, a Sumitomo Metal spokesman said. Read-Rite will increase its capital and Sumitomo Metal will buy ReadRite shares, he said. The number and value of shares Sumitomo plans to purchase were81 words
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102 1991-07-01 4 TOKYO Fujisawa Pharmaceutical Co Ltd expects group net profit of 4.50 billion yen (Sss7 million) in the year ending March 31, 1992, down sharply from net profit of 8.63 billion the previous year, the company said in a statement. Fujisawa, a major drug maker,102 words
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Article86 1991-07-01 4 MELBOURNE Comalco Ltd said its calendar 1991 profit is likely to be substantially below an earlier forecast that said it could be half that of 1990. At the annual general meeting in April chairman John Ralph said that if conditions stayed as they were the company's86 words
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Article, Illustration339 1991-07-01 4 AFP LONDON British sweetener group Tate and Lyle said on Friday it had been successful in its A 5249 million (***** million) hostile bid for Australia's Bundaberg Sugar. A company spokesman confirmed that Tate and Lyle had reached its target ofAFP - 339 words
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607 1991-07-01 4 BANGKOK Thai Seri Cold Storage Co Ltd will put up a final package to its creditor banks and finance companies early this month in a last-ditch attempt to restructure its debts amounting to 2.8 billion (SSI92 million) to 4.5 billion baht, The607 words
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Article, Illustration664 1991-07-01 4 Asahi News Service TOKYO IBM Japan Ltd is running the gauntlet as it fights to stay among Japan's computer industry leaders. It grew along with Japan's economy in the past decade, emerging in the 1990s as the A student in theAsahi News Service - 664 words
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140 1991-07-01 4 Asahi News Service TOKYO Toyota Motor Corp and Mitsui Engineering Shipbuilding Co are teaming up to test the waters of the small motor-boat market. The two companies are developing an aluminum-hull motor-boat, a Mitsui "Engineering spokesman said last week. The boat will be about eightAsahi News Service - 140 words
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268 1991-07-01 4 JAKARTA The Indonesian government will allow PT Merpati Nusantara Airlines, a subsidiary of Garuda Indonesia, to operate as an independent company. The Jakarta Post quoted Minister for Transportation Azwar Anas last week as saying "the change of status from a subsidiary to an independent268 words
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Page 4 Advertisements
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Advertisement283 1991-07-01 4 Join the thousands who have found their solutions at ProPakAsia9l y^K T The sth Asian International Food Processing JOf Packaging Technology Exhibition Hall 4,25 -28 September 1991 World Trade Centre Singapore Meet and interact with over 250 food processing and All these benefits and more, at PropakAsia9l. packaging manufacturers and283 words
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Advertisement67 1991-07-01 4 1 Personal touch. Gracious living. Smiling, friendly faccs awaii you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping ai your doorstep. A choice location near exciting Orchard Tt Road and the central business district. And ll N .Mil pTMKMI I'HKh67 words
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INTERNATIONAL COMPANY NEWS
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351 1991-07-01 5 Move comes on heels of deal to sell IBM computers AP BOSTON Wang Laboratories Inc, which had trouble selling its own machines and will now sell computers made by IBM, has announced plans to eliminate up to 4,000 jobs, or nearly aAP - 351 words
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Article, Illustration334 1991-07-01 5 AP LONDON Ernest Saunders, the central figure in the Guinness scandal, was paroled on Friday after serving 10 months of a five-year senfor stock manipulation. The 55-year-old former of Guinness pic, who suffers from pre-senile dementia, had been moved •earlier last month from Ford openAP - 334 words
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338 1991-07-01 5 Reuter LONDON George Walker may thwart demands by banks involved in the restructuring of Brent Walker Group pic that he be removed from the board of the leisure company he founded. "I think probably the general mood of the banks will be that, ifReuter - 338 words
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170 1991-07-01 5 Reuter CLERMONT-FERRAND, France The first half of this year has been mediocre for tyre maker Cie Generale des Etablissements Michelin. Financial director Eric Bourdais de Charbonniere told the group's annual meeting last Friday that turnover through the first five months was down one per centReuter - 170 words
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COMPANY BRIEFS
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84 1991-07-01 5 PARIS France's Prime Minister, Edith Cresson, says French computer maker Cie des Machines Bull needs to hold talks with Japan's NEC Corp and other companies in its quest for partners. "It is clear... that Bull must have partners," she said in an84 words
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Article75 1991-07-01 5 SAN FRANCISCO Apple Computer Inc and International Business Machines Corp are continuing to negotiate a technology swap but the talks have become bogged down on compatibility concerns, industry sources say. An announcement on the progress of the talks was widely expected last Thursday but industry sources75 words
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Article110 1991-07-01 5 LONDON Tough trading conditions in the aerospace, car and information technology sectors will cut annual profits at Dowty Group pic, due today, to between £58 million (S$ 167.6 million) and £63 million pre-tax from £85.4 million previously, analysts said last Friday. In April, Dowty said110 words
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Article86 1991-07-01 5 PARIS France's Matra has announced that it wants to sell the 35 per cent stake it holds in Ufima, a company that specialises in car electronics. The balance of 65 per cent is held by Fiat SpA. Officials at the company's annual meeting last86 words
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Article91 1991-07-01 5 DORTMUND, Germany Hoesch AG expects a further decline in profit this year, particularly because of negative developments in the steel sector, board member Guenter Flohr told a shareholders' meeting last Friday. The group in April reported 1990 operating profit of 439.95 million marks, down from91 words
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Article76 1991-07-01 5 HELSINKI Finnish forest industry company Enso-Gutzeit Oy has disclosed that high costs, lower prices and reduced capacity utilisation contributed to its pre-tax loss for the first four months of this year. Enso said earlier it incurred a loss of 154 million markka before taxes,76 words
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Page 5 Advertisements
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Advertisement61 1991-07-01 5 Mazda 929 Uome people buy a car to prove how much money they've spent. Others to prove how much money they've saved. The Mazda 929- $97,300For the full facts and the opportunity to test drive the remarkable 2184 cc Ma/da 929 Premium, please contact Mazda Motor (Singapore) Pte Ltd 161 words
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FINANCIAL NEWS
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SMALL CHANGE
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94 1991-07-01 6 TOKYO Morgan Stanley Japan plans to set up a Nikkei-index-linked investment fund for Japanese stocks, a Morgan official said. Morgan plans to market the fund itself to corporate clients, unlike other foreign investment managers, which rely on Japanese brokerages for marketing. Morgan's move could94 words
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Article88 1991-07-01 6 HONGKONG The Hongkong Stock Exchange will decide whether to list mainland Chinese companies by the end of this year, an exchange spokesman said. The question, being studied by a special China study group set up on June 4 by the bourse management, also concerns joint ventures88 words
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Article92 1991-07-01 6 LONDON Royal Insurance said talks on the proposed acquisition by General Re Corp of Royal Reinsurance (Royal Re) have been discontinued due to inability to agree on terms. Royal said in April it had agreed in principle to sell its 80 per cent holding in92 words
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Article77 1991-07-01 6 MELBOURNE The Australia and New Zealand Banking Group said group managing director and chief operating officer Reg Nicolson will retire from the bank and also as a director on Aug 9. Mr Nicolson has been with the group since 1949 and was appointed a director in77 words
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Article, Illustration29 1991-07-01 6 Dollar$ Non$en$e "Son, the time has come to talk of many things; of shoes and ships and sealing wax, of cabbages and kings. And. yes, of double-entry bookkeeping, too."29 words
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Article, Illustration520 1991-07-01 6 Alvin Tay - Association of Banks in Singapore annual dinner By Alvin Tay ALL BANKS in Singapore will soon come under a general code of conduct which will set out good prudent banking practices as well as sound bank-customer relationships. In addition, similar guidelines520 words
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282 1991-07-01 6 Bernama KUALA LUMPUR The Kuala Lumpur Commodity Exchange has already submitted a letter of application on its proposed stock index futures and other financial instruments futures to the finance ministry for approval. KLCE chairman Datuk Dr Syed M A Alhady said. Speaking to reportersBernama - 282 words
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413 1991-07-01 6 THE United Overseas Bank is emerging as a champion of the local banks in arguing a case against granting foreign banks further access to the domestic banking market. In his maiden speech as the new chairman of the Association of Banks in413 words
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337 1991-07-01 6 Number Indletllyi Gross iiaturttv YMr Coupon Amount lnt t of days of radamptton Maturity Tsar paymant accruad (wchxHng yt«td (%P*> <«•» tntarast «cemad (%p>) Intaract) 15.7.91 Loan 2 1976 61/4* 186.30 15/1 15/7 166 100.15* 2.55* 1.9.91 N*****1F 1989 4 5/8#337 words
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Page 6 Advertisements
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Advertisement182 1991-07-01 6 BB 6.25% fh (18 to 30 months) I I We are afraid *rf we climb any higher/ you may get vertigo. ijj_ 6.00% I —fl I*'J —M (12 months) I jl 5-75% rz —ri (9 months) Tjl At 6.25%, our interest subject to change rates are a little hard to182 words
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Advertisement158 1991-07-01 6 1 July 1991 SAN TEH LTD i as (Incorporated in the Republic of Singapore) if Invitation 25,200,000 New Shares of $0.20 > ach i I t m Issue Price $0.61 per New Share < fl-1 Applications for New Shares may only be made on Application Forms referred to in the158 words
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THE REGION
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Article457 1991-07-01 7 Period of double-digit growth over for Thailand: bank president BANGKOK Thailand's period of double-digit growth is over, the Bangkok Post quoted Siam Commercial Bank president Tarrin Nimmanhaeminda as saying. Mr Tarrin told a meeting of the Thai-American Chamber of Commerce that it was time for457 words
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Article, Illustration463 1991-07-01 7 Sylvia Wong - By Sylvia Wong SINGAPORE: The Thai island of Phuket will join Batam and Johor in wooing Singaporean golfers with an 18-hole golf and country club. Called the Phuket Century Resort, the club will launch its membership drive on July 20, with an offer of463 words
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171 1991-07-01 7 AFP BANGKOK A former minister in the government of Thai prime minister Chatichai Choonhavan was charged on Saturday with corruption by an anti-corruption committee. Former deputy commerce minister Chucheep Harnsawat was charged with having unusual wealth after a fourmonth investigation by the committee setAFP - 171 words
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NOTE BOOK
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71 1991-07-01 7 MANILA The Philippines posted a balance of payments (BOP) surplus of US$26B million (*****.6 million) in the first four months of 1991, a sharp reversal of the $512 million deficit in the year-earlier period, the Central Bank said in a report over the weekend.71 words
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Article117 1991-07-01 7 HONGKONG Many people in Hongkong doubt that China, ruler of the British colony after 1997, will keep its promise to leave it unchanged, according to results of a poll released yesterday. The survey by the South China Morning Post showed 55 per cent of 690 respondents117 words
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Article63 1991-07-01 7 COLOMBO South Asian foreign ministers will meet in the Indian Ocean atoll nation of the Maldives on Wednesday to prepare the agenda for a head of state summit here in November, officials said. The ministerial meeting will finalise the agenda for the sixth South Asian Association63 words
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Article86 1991-07-01 7 BANGKOK Cambodian resistance leader Prince Norodom Sihanouk yesterday denied that he was planning to visit Hanoi for peace talks to end the 12-year-old civil war in his country. Reliable sources had said on Saturday that the former monarch was planning to visit the Vietnamese capital after86 words
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228 1991-07-01 7 UPI MANILA The eruption of Mount Pinatubo has upset government plans for the conversion US military bases and sparked fears that a sudden US withdrawal from the ash-covered facilities could severely dislocate the Philippine economy. Philippine officials have conceded they never "factored in" theUPI - 228 words
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Advertisement8 1991-07-01 7 4 4 W- WfWWSWflWPfi^^ MrrWJ tZ fXT/TniafwTm TtW8 words
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THE WORLD
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WORLD WATCH
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110 1991-07-01 8 HONGKONG Taiwanese officials have made a flurry of visits this month for unofficial talks with Beijing officials on the country's reunification issue, according to press reports last Saturday. A high-level delegation from Taipei's ministeri-al-level Mainland Affairs Council (MAC) is in Hongkong on an110 words
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95 1991-07-01 8 TAIPEI Taiwan has completed the first step in revising a law to substantially relax restrictions on economic activities on the island. "Under the revised law, the government can only control production, prices, strikes, currency supplies, monetary and financial activities, exports and imports" once a95 words
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Article63 1991-07-01 8 SEOUL South Korea has decided to diversify its sources of weapons and defence technology, and will now buy even from the Soviet Union, ending decades of almost exclusive reliance on the US. A Defence Ministry official said last Saturday that in line with the policy63 words
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Article81 1991-07-01 8 OTTAWA Canada's year-long recession, which withered profits, swelled the ranks of the unemployed and caused record bankruptcies, has been declared over by economists following a report that the economy rebounded strongly in April. The larger-than-expected 0.9 per cent rise in gross domestic product, the biggest monthly increase81 words
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Article55 1991-07-01 8 WASHINGTON China exported a record US$43B million (*****.5 million) worth of shoes to the US in the first quarter, maintaining its status as America's main footwear supplier. China sent 94 million pairs of shoes to the US from January through March, the US International55 words
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Article63 1991-07-01 8 5 LUXEMBOURG European Community nations have lifted a threat to suspend nearly US$l billion (S$ 1.77 billion) in economic assistance to Yugoslavia after a three-nation 1 peace mission helped mediate a ceasefire. "There is no reason now to suggest a future freeze on aid," said63 words
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Article, Illustration504 1991-07-01 8 Shape and durability of rebound still unclear Reuter WASHINGTON A strong rise in the US government's main economic forecasting indicators during May, reported by the Commerce Department last Friday, has added weight to White House claims that the 11-month-old US recession has endecl.Reuter - 504 words
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167 1991-07-01 8 NYT TOKYO Japan plans to spend 400 billion yen (555.12 billion) on infrastructure projects in fiscal 1992 in line with a pledge made to the US to increase such spending. The amount is expected to be officially approved at a Cabinet meeting thisNYT - 167 words
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290 1991-07-01 8 NYT NEW DELHI Facing a grave economic crisis, the newly-elected Indian government has begun urgent talks with the International Monetary Fund seeking emergency aid of several billion dollars. Yet the conditions for such assistance are stirring anxiety in India, which historically pridesNYT - 290 words
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317 1991-07-01 8 Reuter BONN The head of the agency privatising former state-run companies in eastern Germany flew to Tokyo yesterday to try to sell the depresed region to hesitant Japanese investors. Birgit Breuel, president of the Treuhand privatisation agency, is spending four days tryingReuter - 317 words
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319 1991-07-01 8 Reuter BRUSSELS The EC and Japan have reached broad agreement on a joint declaration extending political and cultural ties but France is pressing for a greater commitment from Tokyo to open its markets. "There's a large agreement," a European Community official saidReuter - 319 words
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307 1991-07-01 8 AFP MOSCOW The Soviet Parliament has approved a law on privatising state enterprises, a crucial element of economic reform, but was unable to debate key clauses spelling out how it was to be done for lack of a quorum. The law, whichAFP - 307 words
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Advertisement38 1991-07-01 8 From the 1990's to the 1920's an offer you can't refuse Rocky's Pizza Pasta proudly presents the opening of^^^^^^winebai^ f One For One!! //'i Wine $5.50 Spirits $6.50 jf f J 20% discount for J S bottled drinks38 words
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Advertisement279 1991-07-01 8 J# I I JI 1 ii^^jll^ PAN N ET F AX. A NEW DIMENSION IN FAX introducing Pan Netfax. an integrated facsimile and electronic mail communications system, providing multiuser direct fax transmission using a workstation A brainchild of Pan Systems and me institute of Systems Science (a research arm of279 words
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ANALYSIS
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Article, Illustration1324 1991-07-01 9 Harish Mehta - Vietnam has reshuffled its top leadership and has made a few departures from the past. Harish Mehta speaks to diplomats in Hanoi and Singapore businessmen in Ho Chi Minh City to piece together more of the changes taking place Harish Mehta VIETNAM'S ruling elite sent out1,324 words
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Advertisement8 1991-07-01 9 Attend some overseas meetings by travelling Singapore Tblocom8 words
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ENTERPRISE & MANAGEMENT
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Article286 1991-07-01 10 Seminars and courses Duration Title Venue Organiser Tel July 1 A Case for Stamford DBS Asset *****74 Investing in the Ballroom Management US Equities July 1-3 Asset Liability Pinetree Town Arthur Anderson *****77 Management Country Associates Club Boardroom July 2-18 Effective Management Singapore *****66 Negotiating Hse Institute of Skills286 words
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Article, Illustration1016 1991-07-01 10 Claire Leow - What is a systems integration house, and what does CSA Holdings do to earn its living? Claire Leow finds out from founder-director Johnny Moo Claire Leow THE public share offering of CSA Holdings (CSAH). which closes next Monday, brings to investors' attention the operations of a systems integration1,016 words
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Page 10 Advertisements
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Advertisement230 1991-07-01 10 Management Consultancy Sl# I I I T r 1/ Seminars And Training |K I I I I Business Assistance II I L L I Li ll Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing Enc Managing Director, Digital Equipment Singipirc Ptc Ltd J Global Corporations... Use Global Resources "When you're230 words
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BT TOP 100
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Article, Illustration983 1991-07-01 11 S N Vasuki - S N Vasuki looks at the circumstances that helped shape this years rankings of BT's top 100 companies S N Vasuki CONVENTIONAL wisdom has it that when a major war breaks out, stock markets worldwide take a dive. And stock market pundits advise investors983 words
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Article1288 1991-07-01 11 Rank Company Rank Market Number 1991 Par Market Gross P/E last Value of Shares Share Price Value Price Yield Ratio year (in $mil) Issued as at as at as at as at Jun 28 Jun 28 Jun 28 Jun 28 High Low 1 SIA 1 8730.6 637.3 13.800 9.800 SSl.OO1,288 words
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Article289 1991-07-01 11 JULIANA TAY - CompikjLfy JULIANA TAY AA: Not ranked in June 1990. (a): Rights issue of one-for-ten at $9.60 (local) or $10.50 (foreign) per share. (b): Sub-division of Si par value into 50 cents each. Each warrant entitling its holder to a $1 share with an exercise price of S8 split into289 words
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Page 11 Advertisements
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Advertisement8 1991-07-01 11 The Sang Kancil Portfolio In BT every Tuesday8 words
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SPORTS 1
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SIDE LINES
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Article98 1991-07-01 12 AUCKLAND Reigning world rally champion Carlos Sainz of Spain continued to dominate the seventh round of the World Drivers Championship in New Zealand as he set out on the last day yesterday. Sainz, driving a Toyota Celica GT4, had never faltered in the lead since the gruelling rally98 words
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Article67 1991-07-01 12 ST QUENTIN, France Argentina's Eduardo Romero shot a 5-under-par 67 to break his two-round tie with Frank Nobilo and take a four-stroke lead after three rounds of the U*****,000 French Open on Saturday. The 36-six-year Cordoba native was tied with Nobilo of New Zealand atop the67 words
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Article70 1991-07-01 12 MOSCOW American sports therapist Leroy Perry, healer of Hollywood stars and top US athletes, will be working his magic on the Soviet side at next year's Barcelona Olympics. The 45-year-old Petty, a Los Angeles chiropractor with no formal medical training, said he offered his services for70 words
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Article120 1991-07-01 12 FRANKFURT A blunder by British captain Linford Christie in the last event of the day could have cost his team the European Cup. The British had won all five track events in the Waldstadion on Saturday and with Dalton Grant heading the high jump, they looked on course120 words
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Article, Illustration371 1991-07-01 12 AFP BETHESDA, Maryland Ayako Okamoto blamed it on superstition and biorhythms, but whatever the reason, the Japanese player's putter went stone cold during the third round of the LPGA Championship here on Saturday, leaving her tied for the lead with Pat Bradley and Meg Mallon.AFP - 371 words
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167 1991-07-01 12 DIRECTORS of Australian Golf Management Services have announced plans for a major international golf tournament, the Asian Matchplay Golf Championship, to be held in Singapore from Feb 21-23 next year. Director Greg Smith said: "It is our intention to present a world167 words
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278 1991-07-01 12 AP MEMPHIS, Tennessee Fred Couples shot a 5-under-par 66 on Saturday to pass the leaders and take a 1stroke advantage over Peter Persons and Hal Sutton after three rounds of the US$l million St Jude Classic. Couples began the day four strokesAP - 278 words
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254 1991-07-01 12 AP KANSAS CITY, Missouri A 1 Geiberger dropped a 90foot birdie putt en route to a 5-under-par 65 on Saturday and moved into a tie with Jim Colbert at 133 after two rounds of the Southwestern Bell Classic Seniors. "That might have been myAP - 254 words
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Article, Illustration727 1991-07-01 13 Wimbledon AP WIMBLEDON John McEnroe, raging at a linesman and wasted break points, stormed to a secondround victory over qualifier Sandon Stolle on a sunny Saturday at Wimbledon. Defending champions Stefan Edberg and Martina Navratilova won in straight sets, but men's seeds Pete Sampras and GoranAP - 727 words
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532 1991-07-01 13 AP LAS VEGAS Mike Tyson wants to fight heavyweight champion Evander Holyfield, but he's not in any hurry to do it. "Eventually, we'll fight for the title if we can get negotiations done," Tyson said after winning a 12 round unanimous decision inAP - 532 words
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289 1991-07-01 13 UPI SYDNEY Australian media and fight experts reacted furiously yesterday to the controversial draw decision in the world title fight between local idol Jeff Fenech and Ghana's Azumah Nelson in Las Vegas on Saturday. "Robbed" screamed both the Sydney Sun-Herald and the Sunday Telegraph, Australia'sUPI - 289 words
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Page 12 Advertisements
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Advertisement179 1991-07-01 12 "Nobody ever said that doing business in Jakarta would be a bed of roses." "But they will now." BHI n 3P Vy-K I T iiMftlT" '^dSSßfcfaSb' l, A businessman's wealth of the most highest high-tech fitness lot is seldom a rosy one. current news and complex, tennis courts Though the179 words
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Advertisement32 1991-07-01 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 3 553 6961 Fax: 03-3555-289232 words
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Page 13 Advertisements
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Advertisement526 1991-07-01 13 A SINGAPORE BUSINESS LUNCHEON TALK EMPOWERED WORKTEAMS The Management Tool of the '90s Date 22 July, 1991 Time 12 noon 3 p.m. Venue Crystal Ballroom, Hyatt Regency Hotel Fee $55 Closing Date 12 July 1991 Self-directed workteams are the buzzword in RICHARDS WELLINS today's volatile business environment. In his speech526 words
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Advertisement220 1991-07-01 13 h Y ll JL;-ig|i^:«i #vjM H I t I I pr HONG KONG INTERNATIONAL ELECTRONICS FAIR IL. V.. •>.• M»-. ■*c&-.« f r*\ ■3* l V V^.'-r^i BUYERS! SWITCH ON TO ASIA'S MOST IMPORTANT HECTRONICS SHOW Hong Kong International Electronics Fair '91 will showcase HH?TTr7TTV^T7T7iT^H^I an astounding array of electronic220 words
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Page 14 Advertisements
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Advertisement921 1991-07-01 14 WHERE TO WINE. DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE A SP\RkUNCi KJUMAJIOft APPEARS TONIGHT AHM scotts who c i With its spectacular glass IninUp.'. llk auopy Baiiis the aJeiil placc to see the sljin It's alv>\Singaporc's newest and m<>sl inclusive rcmkvvous The <921 words
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Page 14 Miscellaneous
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Miscellaneous723 1991-07-01 14 TELEVISION AND RADIO waimt!Tin»niitniiiiM» -]ifir -ta —r~r-T >■->- > -..MWtnMWN so* II ■■■mtmßiamMmipmMmmmmßmmMMmmßmiamwwilm*. i mmmmmmmmummmmmmmmMmmmmmmutmumm loftatl/l 11,45 J^ Comedy) gS Pany 1 BUSINESS ON RADIO 1 IIC ICUWIU tOIIIIIIUCa MO «Oi..*«*-.U. BBC, 89.9 mHi in VHF Band II 7.00 PM CNN International (L). 550 PM World HeritaeeiT) TV2 3 I723 words
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THE ARTS
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Article, Illustration666 1991-07-01 15 Violinist Nigel Kennedy is rocking the classical music world with his unorthodox methods of bringing the works of Max and Viv to the masses The Economist STYLE is the man, what sort of character is Nigel Kennedy? Now 34, the violinist began his career as an angelic childThe Economist - 666 words
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506 1991-07-01 15 Jennifer Lien - Have the first three years of its life been good to the SDT? Jennifer Lien checks out what's in store for us at the SDT Third Anniversary performances, which begin tonight Jennifer Lien THREE years ago, it was but a fledgling entity,506 words
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Article, Illustration889 1991-07-01 15 Andrew Lim - Dame Janet, Brahms and Berlioz take two Can Dame Janet Baker's voice stand the test of time? Andrew Lim, who listened to her recent recordings for Virgin Classics, finds her in splendid vintage form Andrew Lim, DAICIE Janet Baker is a singer many music lovers in Singapore may well be889 words
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Page 15 Advertisements
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Advertisement181 1991-07-01 15 AND ENTEBTAIN Businessman's Buffet At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an a la carte main course in the relaxing ambience of a hunter's lodge. Monday to Friday, 12 noon to 2.30pm. $31.00++ per person. ANA HOTEL181 words
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Advertisement64 1991-07-01 15 ■'U \t% efo good, lis /f in /u I. QPasiltlte IQQO s ofkangliat ambience tkat caused litest guilty feelings? he CDoJle dUeJ Winter QfTUm *tk &vghl treasures? (9r lite friends wxllt wLom ctf shared these joys? S care not. I 9Xts restaurant u worth doing penance for. CONCORDE •tii niiiiiii64 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration5437 1991-07-01 16 S N Vasuki - By S N Vasuki SINGAPORE STOCKS closed weaker last week, with investor attention focussed on new listings and sentiment in the secondary market dictated by the continued slide in the Tokyo bourse. Trading volumes were modest and declines led advances across the board. The5,437 words
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Article4151 1991-07-01 17 Main Board CAC 580 +25 +4.5% S1A 1370 +20 +1.5% GPBSSI.60 338 +16 +5.0% OCBC Wt 260 +16 6.6% OCBC 880 +15 +1.7% PM Hldgs 260 +15 +6.1% Semb Maritime 434 +14 3.3% NatSieel 1050 +10 +1.0% Cerebos 25' 258 +8 +3.2% H Negara 4164,151 words
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MARKET REVIEWS
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Article, Illustration816 1991-07-01 18 Wells Fargo's profit warning also hits Wall Street NEW YORK FT HUGH McCOLL, a tough former marine, has built North Carolina-based NCNB Corp into one of the top 10 US banks over the past eight years through a whirlwind of acquisitions. Last week, he revealedFT - 816 words
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ASIAN MARKETS ROUNDUP
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Article54 1991-07-01 18 SOUTH KOREA'S bourse closed the week higher as investors became convinced stock prices had bottomed out. The Composite Stock Price Index closed Saturday's half-day session at 605.27, up 14.69 points or 2.5 per cent from a week ago. Average daily turnover was 8.9 million shares, compared with the previous54 words
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Article135 1991-07-01 18 AFP INDIAN stock markets reacted with subdued trading throughout the week to bold central government pronouncements on a radical restructuring of the economy. The Bombay Stock Exchange (BSE) sensitivity index closed 92.6 points lower at 1,269.1 and the BSE national index lost 34.6 points, to 628.8. Market analysts describedAFP - 135 words
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Article96 1991-07-01 18 AUSTRALIAN stock prices eased in the last week of the financial year, brokers said on Friday. The market indicator, the All Ordinaries Index, fell 5.9 points to 1,506.2. The All Industrials Index slipped 21.2 points to 2,315.7, while the All Resources Index gained 4.6 points to 885.6. Daily turnover96 words
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Article87 1991-07-01 18 THE Securities Exchange of Thailand (SET) index edged down 8.33 points or 1.07 per cent last week to close at 765.21 points on increased volume. Average daily turnover climbed to 43 million shares worth 3.3 billion baht, up from the previous week's 30 million shares worth 3.1 billion baht.87 words
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Article126 1991-07-01 18 PHILIPPINE share prices fell sharply during the week but regained some ground after Washington announced on Thursday that it would not pull out of its bases here despite damage from nearby Pinatubo volcano. At the Manila Stock Exchange, the composite closed at 1.059.26 points on Friday, down 23.36 points126 words
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Article107 1991-07-01 18 THE Jakarta Stock Exchange (JSE), depressed for most of the year, took another nosedive last week amid renewed selling pressures. The JSE index fell 7.1 per cent to close at 346.266 from 372.714 a week earlier, with financial and industrial scrips taking most of the beating. Trading averaged 4.59107 words
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Article300 1991-07-01 18 TAIPEI shares suffered setbacks last week as investors kept an eye on the number of new private commercial banks approved by the Finance Ministry, analysts said on Friday. Following the previous week's marginal 3.7 per cent advance, the 229-issue weighted price index shed 132.54 points or 2.2 per cent300 words
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881 1991-07-01 18 Ray Heath - By Ray Heath AN ERA is ending. Mrs Margaret Thatcher, former prime minister, enfant terrible of Europe and Member of Parliament for Finchley, is standing down as an MP at the next election. What will she do? If she has any sense she881 words
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Article533 1991-07-01 18 TOKYO AFP SHARE PRICES on the Tokyo Stock Exchange (TSE) plunged last week, affected by brokerage firm scandals that led to the resignations of two of nation's Big Four securities firms on Monday. The Nikkei Stock Average of 225 selected issues closed the week atAFP - 533 words
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Article739 1991-07-01 18 HONGKONG THE Hongkong market eventually staged a rebound after being in the doldrums for weeks. Having touched an in-tra-day low of 3,549 last Tuesday, the Hang Seng Index rose by an impressive 119 points to close last Friday at 3,668. The confirmed postponement of the new739 words
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Page 18 Advertisements
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Advertisement7 1991-07-01 18 Innovation Technology in Business Times on Tuesday7 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4513 1991-07-01 19 MBT A LACK of fresh impetus saw share prices drifting lower in lethargic conditions on the Kuala Lumpur stock market last week. Sentiment was largely affected by weaker overseas bourses. The Nikkei index fell 988.12 points during the week to 23,290.96. TheMBT - 4,513 words
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Page 19 Advertisements
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Advertisement413 1991-07-01 19 BUSINESS TIMES TELEPHONE: 7 3 0-577 1/5772/5773 FAX: 734-4982 THE COMPANIES ACT, CHAPTER it. AND IN THE MATTER OP 08A CONTAINER SERVICES PTE LTD (Menben' Valaatary IJquWUU.n) NOTICE IS HEREBY OIVEN pursuant to Section 306 of the Companies Act, Chapter 50 that a Final Meeting of the members of the413 words
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Advertisement355 1991-07-01 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 80 and IN THE MATTER OF MVESTMORE MANAGEMENT SERVICES (S) PTE LTD (In Mmban* Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 306 of The Companies Act, Chapter SO, that tha Final Moating of tha mam bars of tha abovenamed355 words
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Advertisement315 1991-07-01 19 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CLYDE INDUSTRIES (ASIA) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Extract ot the Minutes signed by representative of Holding Company relating to proceedings of subsidiary Company pursuant to Section 179(6) of the Companies Act. Cap SO on315 words
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Advertisement321 1991-07-01 19 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 FENGFA REALTY PTE. LTD. (Ia Voluntary Liquidation) At an Extraordinary General Meeting of the member* of FENGFA REALTY PTE. LTD. duly convened and held at 3 Coleman Street #03-14, Peninsula Shopping Complex, Singapore 0617 on 23 th June 1991, the following321 words
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Advertisement291 1991-07-01 19 IN THE MATTER OP THE COMPANIES ACT, CAP. M AND IN THE MATTES OF SEASEKV DIVING PTE LTD (la Members' Vetaatary IJqakUtlM) At an Extraordinary General Meeting of the members of SEASERV DIVINO PTE LTD duly convened and held at 50 Chin Swee Road. #10-01 Thong Chal Bldg, S'pore 031*.291 words
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WORLD STOCK MARKETS
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Yugoslavia gives markets the jitters
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Article, Illustration1352 1991-07-01 20 WALL STREET ended the first half of 1991 on a tumultuous note last Friday, as worries over international events, earnings and US banks sent shares cascading lower. The jitters sparked flight-to-quality buying in the bond market, which broke ranks with the equity market to post sharp gains. Concern1,352 words
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Article355 1991-07-01 20 THE Frankfurt stock market plunged on Friday, with the DAX index shedding 2.64 per cent in reaction to escalat- ing civil war in Yugoslavia along with domestic concerns. The DAX index ended the day down 43.91 points at 1,622.18, while the Commerzbank index shed 54.90 points or 2.7 per355 words
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Article323 1991-07-01 20 A WEAKER PERFORMANCE by shares in Britain and Germany and bad news from the technology sector dragged Dutch shares down by the close, dealers said on Friday. The CBS general tendency index fell 1.1 to 92.8, and traders said volume overall was likely to have been around the 400-450323 words
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Article123 1991-07-01 20 CIVIL STRIFE in Yugoslavia and the fall in the Frankfurt stock market pushed the Paris bourse down last Friday. The CAC-40 index fell through the psychologically important level of 1,750 to 1,747.62, down 20.37 points. Dealers said doubts about the survival of Prime Minister Edith Cresson in the face123 words
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Article165 1991-07-01 20 ITALIAN shares closed slightly lower on Friday in very thin trading, with a wave of selling towards the close reversing earlier gains. Dealers said the sharp fall in Frankfurt shares, disappointment at car-mak-er Fiat's 1.004 trillion lire January-June group pre-tax profit and rumours of a small brokerage firm facing165 words
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Article285 1991-07-01 20 SWISS share prices finished easier but above lows in moderate trading as the market followed sharp losses on the German bourses, dealers said. In Frankfurt, the DAX index of 30 leading shares plunged 2.6 per cent to a five-week low. The all-share SPI index shed 3.5 points, or 0.32285 words
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Article, Illustration745 1991-07-01 20 THE prospect of civil war in Yugoslavia sent shares into sharp reverse here on Friday as brokers refused to commit themselves ahead of the weekend. Technical factors on the final day of the current account and in the aftermath of the FTSE 100 index's dip below the 2,450 barrier,745 words
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Article73 1991-07-01 20 THE Stockholm bourse resisted sharp declines on other European markets last Friday and closed the week marginally higher. Dealers said high liquidity held share prices up. "There is nothing fundamental about this. On the contrary, prices are looking a bit expensive right now," said one share dealer at a73 words
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Article356 1991-07-01 20 SHARE PRICES in Johannesburg generally held on to their modest early gains on Friday afternoon in slow and cautious trading ahead of the weekend and month-end, dealers said. The JSE all-gold index rebounded to a close of 1,374, buoyed by firmer world bullion prices, after slipping to 1,351 on356 words
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Article229 1991-07-01 20 TORONTO STOCKS recovered in late trade to close slightly lower on Friday, dealers said. "There were some concerns in everything from Germany to Tokyo," a trader said. The composite index officially closed down 8.79 points to 3,465.82, with transactions valued at C 5272.4 million. Declines led advances 265 to229 words
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Article206 1991-07-01 20 June 28 Close Prerkms NEW YORK Dow Jones 2,906.75 2,934.93 -28.18 NYSE Financial 147.69 148.26 -0.57 SAP 500 371.16 374.40 -3.24 Turnover (million) 163 155 +8 LONDON Financial Times 30 1.890 8 1,912.0 -21.2 FTSE 100 2,414.8 2,452.5 -37.7 Turnover (million) 543.4 517.5 +25.9 AMSTERDAM CBS Tendency Index 92.8 93.9206 words
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Page 20 Advertisements
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Advertisement78 1991-07-01 20 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery78 words
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CURRENCY, MONEY & FUTURES MARKETS
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533 1991-07-01 21 NEW YORK Reuter THE US DOLLAR closed lower than opening levels in moderate trading on Friday, as upward momentum spurred by violence in Yugoslavia and tax uncertainty in Germany petered out. But the dollar still ended sharply above Thursday's closing levels against theReuter - 533 words
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690 1991-07-01 21 ASIAN CURRENCIES AFP MOST Asia-Pacific currencies had a moderately good week against the US dollar after a Group of Seven (G-7) finance ministers' meeting put the brakes, at least temporarily, on the strengthening greenback. The yen reached a monthly high as the Australian, New Zealand,AFP - 690 words
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Article395 1991-07-01 21 Cross rates June 28 USS SS MS Dm Yen SFr AS NZS USS 1.7645 2.7800 1.7970 137.80 0.6126 1.5520 1.3021 1.7301 SS 0.5667 1.5755 1.0184 0.7810 0.3472 0.8796 0.7379 0.9805 MS 0.3597 63.47 0.6464 0.4957 0.2203 0.5583 0.4684 0.6223 Dm 0.5565 0.9819 1.5470 76.68 0.3409 0.8637 0.7246395 words
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294 1991-07-01 21 Reuter NEW YORK The international currency and interest rate swap market grew strongly in the second half of 1990 despite the onset of recession, a survey by the International Swap Dealers Association Inc (ISDA) found. ISDA said the notional value of swap contractsReuter - 294 words
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594 1991-07-01 21 Reuter MANILA The Philippine peso is expected to remain steady against the US dollar in the next few months despite a surprise plunge on the black market last week, economic analysts said. They expressed puzzlement over the sudden fallReuter - 594 words
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456 1991-07-01 21 GOLD FINANCIAL FUTURES REPORT SPOT GOLD'S downside potential was tested by the trade early last week and was found to be limited and prices subsequently rose from Monday's low of U*****.90/5360.40 to Friday's high of U*****.60/ 371.10 before closing at U*****.10/$368.60, up US$3.OO per456 words
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Article294 1991-07-01 21 IMM June 27 pcmscHEimm Open High Low Sett Vol Op/lnt Sep 41 0.5519 0.5557 0.5511 0.5531 36.981 62.643 Pec 91 0 5480 0.5573 0.5475 0.5495 EU*000tLA« Open High Low Sett Vol Op/lnt Sep 91 93.47 93.52 93.46 93.50 90.793 774.258 Dec 91 92.87 92.93 92.86 92.91 JAPANESE YEN294 words
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Article506 1991-07-01 21 BANKS ABN Bank 8 Allied Irish Bank PLC 8 American Express Bank 8 Am'Dam R'terdam Bank 8 Arab Banking Corp 8 l Arab Bank PLC 7V« ANZ Banking Group 8 Ban Hin Lee Bank 7*« Banca Commerciale 8'/2 Banco do Brasil 8 Bangkok Bank Bank Bumiputra 8506 words
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Article515 1991-07-01 21 Interbank rates SS Bid Offer Overnight 5 5/8 5 3/4 1-month 6 6 1/8 2-month 6 1/16 6 3/16 3-month 6 1/8 6 1/4 Overnight mode: 5-1/2 US$ High Low 7 days 6 1/8 5 15/16 1 month 6 6 2 months 6 1/16 6 3 months 6515 words
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Page 21 Advertisements
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Advertisement7 1991-07-01 21 Innovation Technology in Business Times on Tuesday7 words
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COMMODITIES
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534 1991-07-01 22 Reuter LONDON A commodity boom could speed a revival in world agreements to influence raw material prices and help poor Third World debtors, but gloomy markets will slow progress to a snail's pace, analysts said. "When one starts to see aReuter - 534 words
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180 1991-07-01 22 Reuter WASHINGTON If world 1991/92 coffee production estimates of 99.9 million 60-ki-logram bags are realised, then that crop would be the second largest on record, the US Agriculture Department said. In its World Coffee Situation summary, USDA said the all-time highReuter - 180 words
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888 1991-07-01 22 REPORTS AFP THE decision of miners in Chile, the world's biggest copper exporter, to strike indefinitely from today brought only limited support to prices on the London Metal Exchange (LME). Traders said the market had anticipated the strike and factored it into pricesAFP - 888 words
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Article1173 1991-07-01 22 Rubber HAS (lob in b«te») S cents/kg Int 1 RSS Close June 24 Closed June 25 148.25 June 26 147.25 June 27 145.50 June 28 145.50 MWEIB (M» in totes) M cents/kg Int 1 RSS Close June 24 234.00 June 25 233.50 June 26 233.50 June 27 232.00 June1,173 words
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Page 22 Advertisements
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Advertisement1403 1991-07-01 22 BUSINESS TIMES TELEPHONE: 730-J771/J772/5773 FAX: 734-4982 THE COMPANIES ACT. CHAPTER 50 Section 290(2)(b) NOTICE OF RESOLUTION SOUTHBULK SHIPPING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of South bulk Shipping Pte Ltd held at 3. Cockspur Street. London SWIY SBQ on the 26th day of June 1991.1,403 words
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Advertisement51 1991-07-01 22 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaoßao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 740-1839 or 740-1840, and ask for home or office delivery51 words
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Advertisement11 1991-07-01 22 Your search (or EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1071 1991-07-01 23 City Flight ETA Flight ETD JMataHa SQ228 1 900 ~SQ227 2130 <—M RJ182 1400 Amsterdam KL841 1140 KL842 2105 SQ23 1325 kacfctaM NZ25 1655 NZ28 1815 SQ388 2030 Baadar Sari BI421 1105 SQ182 0915 Bagawaa SQ181 1410 BI422 1205 BI429 1830 BI430 2125 Bangkok QF062 11351,071 words
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THE TRAVEL PAGE
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Article, Illustration637 1991-07-01 23 Leon Mangasarian - POSTCARD FROM BERLIN By Leon Mangasarian THE wild champagne parties that marked the opening of the Berlin Wall and the reunification of Germany are little more than a distant memory for Berliners, but some feel they are still suffering from a prolonged collective hangover. On Nov637 words
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Article149 1991-07-01 23 As at 3pm: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.352 1.367 Canadian dollar 1.538 1.553 NZ dollar 1.010 1.040 Sterling pound 2.865 2.8800 US dollar 1.7640 1.7740 Local dollars to 100 units of foreign currency Austrian schilling 13.75 14.75 Belgian149 words
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Article100 1991-07-01 23 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td July I Kuwait: Hilton Asian Investment **********8 Aug 20-31 Izmir Turkey Izmir Fair SI 1421 SO Opportunities In International: Conferences International Organisation Reconstruction Jakarta (Pte) Ltd Fair July 2-6 International Buenos Aires CAMIDA-lndustr- *****1820 Aug 21 Building100 words
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Page 23 Advertisements
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Advertisement40 1991-07-01 23 When it comes to flying to Munich, no other airline comes Klaus to Finnair. Because Finnair flies twice-weekly from Singapore direct to Helsinki then onto over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.40 words
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Advertisement34 1991-07-01 23 STARS PAPER We keep track of the stars and bring you the latest news on them. Today: Who's suing Kim Basinger for $9m? Why? *'j if mm ii M The latest news From to34 words
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Page 23 Miscellaneous
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Miscellaneous312 1991-07-01 23 1 Electric ring on which LmJ— meals be 5 A unique product which is lIJ| j |I I I I minus a unit (3,3) ■HT~~ if you're talking of health 12 j j j j J 12 Antique ments abandoned in the j I I I I 1 I scrap312 words
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Miscellaneous208 1991-07-01 23 Singapore Outlook: Showers over several areas in the morning Report: Maximum temperature 31.9* Assoc humidity 65% Minimum temperature 24.8* Assoc humidity 97% Hours of sunshine 7.25 Rainfall in mm 0.3 Rainfall this month 96.4 Rainy days this month 9 World report Asia-Pacific Hi/Lo* Cond. Auckland 12/06 Showers Bangkok 34/25 Showers208 words
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Miscellaneous27 1991-07-01 23 (I£*TTO»«£V ft V fgQ He's tp,U, DPCK Hp,rosorv MISS CftmPaea. —I I \NCRCCHB\_V RlC^rmd>'MOl U»|D NOP* sugu.) l-nSTfteßdeHr-.j VgQg. tMTBQOUCnON 7 \/ftfjT \T »TAWOAWO CO ITO m»-mt27 words
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389 1991-07-01 24 Walton Morais - Singapore among three locations being considered From Walton Morais in BONN ITALIAN computer and electronic giant Olivetti is moving part of its production operations to South-east Asia, with Singapore among three locations being considered, The European, reported in its latest edition. Olivetti chief389 words
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188 1991-07-01 24 Reuter TAIPEI Most people in Taiwan think the island should not declare itself an independent nation and believe China would invade if Taipei proclaimed independence, according to a public opinion poll published yesterday. The survey by the Public Opinion Research Foundation, a privateReuter - 188 words
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188 1991-07-01 24 Bernama. SEPANG, Selangor The Malaysian government will decide whether or not to extend the detention of Sabah Foundation director Datuk Dr Jeffrey Kitingan after it receives a report from the police. Deputy Home Minister Datuk Megat Junid Megat Ayub said yesterday that Datuk DrBernama. - 188 words
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493 1991-07-01 24 Schutz Lee - By Schutz Lee SINGAPORE'S trade with Kuwait is slowly creeping back in the two months since the Singapore government went along with the United Nations' decision to lift the ban on trade with Kuwait. For the months of April and May, bilateral trade amounted493 words
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407 1991-07-01 24 AP FRANKFURT Hefty tax hikes on cigarettes, petrol and income take effect today, delivering the biggest blow yet on western Germany since reunification nearly nine months ago. Since Germany reunified on Oct 3, eastern Germany has borne the economic brunt of unification asAP - 407 words
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284 1991-07-01 24 UPI TOKYO Three out of eight new Japanese social studies text books will describe Japan's aggression in South-east Asia during World War 11. but none will include specific examples of Japan's invasions of those nations, the Kyodo News Service reported yesterday. TheUPI - 284 words
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Article, Illustration50 1991-07-01 24 ANYANG, South Korea South Korean riot police trying to block the funeral procession for a protester who killed himself while in police custody last month. About two thousand students and workers took part in the march to the cemetery last Saturday.50 words
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233 1991-07-01 24 Bernama SEPANG, Selangor Malaysia is prepared to discuss with Indonesia a safer way to deport Indonesian illegal immigrants, Deputy Home Minister Datuk Megat Junid Megat Ayub said yesterday. He said he was prepared to meet officials of the Indonesian Embassy inBernama - 233 words
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266 1991-07-01 24 Reuter LUXEMBOURG European Community leaders said on Saturday that the completion of the troubled Uruguay round of world trade negotiations by the end of the year was a top priority requiring tough policy decisions. But the final communique from theirReuter - 266 words
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Page 24 Advertisements
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Advertisement6 1991-07-01 24 PiageT JOAILUFR EN IKMjUCERIE UEIVLSIB74 GENEVE6 words
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Advertisement115 1991-07-01 24 PiageT JOAHJJER EN WJRUXERIE UEftJISIBH GENEVE EC and Japan finalise pact on extending ties, Pg 8 Dauphin Sitzrultur Your backbone is where you feel YOUR COMPANY'S ATTITUDES. We want to inspire people with chairs which display corporate identity: The superb, clean lines the design of Dauphin chairs integrate elegantly into115 words
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Shipping Times
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368 1991-07-01 25 Dexter Lee - By Dexter Lee IN AN unprecedented move, 20 shipping lines plying the intra-Asia sector have banded together to introduce a terminal handling charge on containers passing through Asian ports. The handling charge, which varies from port to port, will take effect from Aug368 words
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306 1991-07-01 25 AP ST LOUIS A divided federal appeals court on Friday upheld the sale of four London routes by Trans World Airlines to American Airlines, clearing the way for American to get into London's Heathrow Airport this week. Missouri politicians and TWA's unionsAP - 306 words
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255 1991-07-01 25 UPI BONN The Soviet Union agreed last Friday to buy 16 ships from eastern German shipyards that it ordered from the hard-line communist East German government before the Berlin Wall was torn down, Economics Minister Juergen Moellemann said. During the annual meetingUPI - 255 words
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232 1991-07-01 25 AFP SEOUL The South Korean navy rescued IS sailors early last Saturday evening but it was believed another 32 were still missing after two freighters collided and sank in the Yellow Sea. The rescued Malaysian and Taiwanese crewmen from the Panamanian-flagged Chiawei wereAFP - 232 words
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Article1162 1991-07-01 25 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 Aeropak Express 9 5 AFS 15 2 Ahrenkid Liner 16 4 Allied-Link 16 4/5 Anglo Orient 16 1/2 ANL 3 1/2 APL 5 3 A.P.C. Lines 13 5 A c Warehousing 15 4 Asian Break-Bulk 16 31,162 words
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Article, Illustration294 1991-07-01 25 Magdalene Phang - By Magdalene Phang BOWING to pressure from both the Federation of Asean Shippers' Councils and the Malaysian National Shippers' Council, the Far Eastern Freight Conference has suspended charges known as "transport additional" for Penang effective from July 1. This was disclosed by Mr Sia294 words
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NEWS SUMMARY
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24 1991-07-01 25 THESE are dog days for commercial radio and not just because the recession has hurt advertising. Page 224 words
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35 1991-07-01 25 MEMBER lines of the Asia North America Eastbound Rate Agreement (Anera) have decided to retain their current fuel adjustment factor (FAF) surcharge for another month. Back Page35 words
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34 1991-07-01 25 THE environmental group Greenpeace said last week it had immobilised one of the world's largest drill ships about to leave for oil exploration work in Alaska waters. Back Page34 words
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36 1991-07-01 25 THE head of Iraq's passport office said last Friday Iraqis were free to travel wherever they wanted without having to say where or why they were going Back Page36 words
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29 1991-07-01 25 AN eight-day-old pay strike by 1,500 workers has paralysed the important Brazilian coffee shipping port of Vitoria, the union president said Back Page29 words
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32 1991-07-01 25 AMERICA West Airlines, which filed for bankruptcy court protection late last Thursday, is one of the few carriers created after deregulation still flying Back Page32 words
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LOG BOOK
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78 1991-07-01 26 TAIWANESE carrier Evergreen Marine has included the US port of Tacoma in the rotation of its Far East-Pacific Northwest and Taiwan-Hongkong serv ices. The first vessel to call at Tacoma will be the Ever Lyric of the Far East-Pacific Northwest service. The78 words
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Article60 1991-07-01 26 FRANKFURT Lufthansa passengers heading for Frankfurt can book a mobile telephone in advance when making their flight reservations. On arrival at Frankfurt, customers can pick up the rented telephone upon payment of a deposit. Telephone numbers at which they can be contacted upon touch down at60 words
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Article55 1991-07-01 26 LONDON British truck maker AWD-Bedford has clinched a $10 million contract to supply more than 60 heavy vehicles for the Msl.2 billion Pergau hydro-electric dam project in Kelantan. The first 19 trucks will be shipped in for construction in July of the road system in55 words
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Article40 1991-07-01 26 FROM TODAY, NTUC Comfort commuters need only dial one telephone number 455-2222 to book its taxis in the Jurong area. The taxi service has consolidated its three telephone numbers into one number with four lines.40 words
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Article68 1991-07-01 26 COPENHAGEN British Aerospace Commercial Aircraft has clinched a US$lO million order from Danish regional carrier Sun-Air for a 19-seat Jetstream 31 and a 29-seat Jetstream 41. Including the Danish carrier, a total of eipht carriers have committed to the Jetstream 41. Sun-Air, which operates from Billund, plans68 words
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Article73 1991-07-01 26 FLAT ROCK, Michigan Mazda Motor Corp plans to import 22 per cent more US-made parts in fiscal year 1992, the company announced. The Hiroshima, Japan-based car maker said it will spend about US$3l2 million for items from US suppliers, up from the $256 million spent in73 words
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Article59 1991-07-01 26 LIMA, Peru A light plane has slammed into the Andean foothills north of Lima, killing all three passengers and injuring the pilot, police said. Police said the plane, which left Lima on Wednesday night bound for the coastal city of Tnyillo, 490 kilometres to the north,59 words
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Article58 1991-07-01 26 CALAIS, France French and British workers linked up under the English Channel in the third and last of three tunnels making up the Channel Tunnel project, developers said. The link was in the second of two parallel tunnels that will carry rail passengers and freight in58 words
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Article30 1991-07-01 26 THE United States Navy's newest and largest aircraft carrier, USS Abraham Lincoln, is in Singapore for a five-day visit, the United States Information Service (USIS) announced.30 words
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Article57 1991-07-01 26 LONDON The Cypriot bulker Queen Evi was surveyed in drydock at Eleusis, Greece, on Thursday in respect of damage suffered after running aground last month, Lloyd's Shipping Intelligence Service said. The 103,230 dwt vessel ran aground off the Libyan port of Misurata on May57 words
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Article, Illustration1306 1991-07-01 26 Edmund Andrews - Edmund Andrews reports on proposals to help the ailing US radio broadcasting industry Edmund Andrews NYT THESE are dog days for commercial radio and not just because the recession has hurt advertising. For starters, the radio dial has become far more congested in recent yearsNYT - 1,306 words
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Article848 1991-07-01 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and848 words
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Article11957 1991-07-01 34 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 Fort of Singapore. Advaneed dates are published for a maximum11,957 words
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SHIPS IN PORT
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Article554 1991-07-01 41 Vrod toy H> B«rth HrrM Depytut Vend Voy No Berth AnM Departs Marina Terminal 1 Jurong Port Hong-Soor ***** M03 alongside 01.07/0630 Banglumpoo 45/108 J9 alongside 29 06/0800 MuOa Hayu 06/91 M02 alongside 30.06/1500 J6 alongside 2906/1500 Batam Saya/* *****1 M04 0107/1000 02 07/0500 Nasonal 11 aton554 words
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Article897 1991-07-01 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CAROO Hoard Bookhf/Bolonco Mis Ship Voy No Etb/Btr Ported From To From Aa Uly 12B 02/1800 2 30/1700 01/0669 01/0900 3 01/0700 01/1169 01/1400 4 01/1200 01/1169 01/1700 Aa lotm 14A 02/2200 1 30/1600 30/1669 30/1900 2 30/1700 01/0669 01/0900 4897 words
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381 1991-07-01 42 Selva Kumar - Fuel prices relatively stable during May and June By Selva Kumar MEMBER lines of the Asia North America Eastbound Rate Agreement (Anera) have decided to retain their current fuel adjustment factor (FAF) surcharge for another month. The surcharge for this month will381 words
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165 1991-07-01 42 Reuter BAGHDAD The head of Iraq's passport office said last Friday Iraqis were free to travel wherever they wanted without having to say where or why they were going. Major-General Samir Hameed told the army newspaper al-Qadissiya that passports were readily available. "TheReuter - 165 words
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174 1991-07-01 42 Reuter RIO DE JANEIRO An eight-day-old pay strike by 1,500 workers has paralysed the important Brazilian coffee shipping port of Vitoria, the union president said. Five ships are sitting in the port waiting to unload and another 15 are in the bay waitingReuter - 174 words
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Article, Illustration256 1991-07-01 42 Reuter VANCOUVER The environmental group Greenpeace said last week it had immobilised one of the world's largest drill ships about to leave for oil exploration work in Alaska waters. Greenpeace said two scuba divers wrapped the 150metres vessel's two 4-m propellers with chains and lockedReuter - 256 words
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458 1991-07-01 42 NYT NEW YORK America West Airlines, which filed for bankruptcy court protection late last Thursday, is one of the few carriers created after deregulation still flying. The airline, the nation's ninth largest, said it would continue in service while seeking to reorganiseNYT - 458 words
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Page 25 Advertisements
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Advertisement27 1991-07-01 25 Lines and services represented by Members of the Registry of Accredited Shipping[*MftSMll Agents, Singapore National SMpping Asso-\tMßxMi] ciation. For advertising enquiries, contact Shipping Times Tel 740-2089/7 <0-209027 words
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Advertisement89 1991-07-01 25 THE SPECIALIST IN: jS t Wire Rope Sings e Uwhinfl ok Mlterilh Br a I TM' i i FACOJTIMB Zv e Lifting IMP INTER MARINE SUPPLY CO (PTE) LTD TEL *****33 (10 unes) FAX: *****77 CARGOFLO WILL GET YOU GOING PLACES pOPpHßytrf T Ih^ International Freight Forwarder. N.V.O.C.C. Consolidated Specialist89 words
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Advertisement27 1991-07-01 25 Cockett Report 2 Container Schedule 17 Daly 3 Index to Advertisers 1 Shipping Guide 10,11 Ships in Port 17 Singapore Tides 17 Weather and Sea Condrtions 1727 words
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Page 26 Advertisements
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Advertisement187 1991-07-01 26 Due to increasing costs of operations incurred in the handling of containers over the past several years, twenty container lines (APL, Cheng Lie Navigation (CNC), Evergreen Marine (EMC), Excelsior Shipping, K-Line, Kien Hung Shipping, Maersk Line, Mitsui OSK Line (MOL), Nan Tai Line, Neptune Orient lines (NOL), Norasia lines, NYK,187 words
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Page 27 Advertisements
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Advertisement2143 1991-07-01 27 Famine shipping agencies %lll|# 200 Cantonment Road #12 05 Southpotnt, Singapore 0201 All IF# *****11 TELEX NO RS ***** ■IffllV TERMINAL/CFS Tel *****18 220 rDSOOu 7 BOOKINGS TM *****34 251 I VMf PESAKA JAR DINE SHIPPING AGENCIES SON. WD. PORT KELANG TEL: 36MUS TELEX NO. MA3»477MA39A)1 PENANG TEL *****4 TELEX2,143 words
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Advertisement1937 1991-07-01 27 CHARTERING in the dry cargo freight market on Thursday was subdued and news of Soviet chartering not forthcoming, brokers said. Rates held steady with supply and demand well balanced but little incentive for either owners and charterers to tip the balance, they added. Grain fixtures were untypical of the Baltic1,937 words
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Advertisement1548 1991-07-01 27 ■nrimiwa TWO SAILINGS PER WEEK TO NORTH ASIA SINGAPORE/HONG KONG 4 OAYS ETC WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/KOSE 7 DAYB VMM Voy ETA rro 'Port "Panang Singapore Kelang DESTINATIONS TNa mt Magttby Maarak 8106 Feeder 2/7 0800 MRS M Pinto ———M—M CM 1/7 2360 MRS OAK LOB HOU MEM ATL1,548 words
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Page 28 Advertisements
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Advertisement1198 1991-07-01 28 VQY NO S PORE SOUTHAMPTON HAMBURG ".ANTWERp' LE HAVRE r > LA SEINE 10/120 3/7 29/7 23/7 22/7 BREMEN EXPRESS 03/320 7/7 24/7 20/7 29/7 30/7 HONGKONG EXPRESS 02/127 11/7 1/0 30/7 29/7 LWBHMffi# KAGA 10/327 13/7 31/7 2/0 9/0 0/0 ifDMM <^<(06 KURAMA 11/120 17/7 0/0 0/0 9/0 'wHfiwPTfli1,198 words
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Advertisement667 1991-07-01 28 DIRECT SOUTH PACIFIC SERVICE BIN NOU SUV PPT SEASPAC I 2304E 5/7 18/7 20/7 30/7 ALSO ACCEPTBW CARGO MA SUVA TO: LAUTOKA. PAGO PABO. APIA ft NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CU (PERU) SEASPAC I 2304E S/7 12/8 13/8 19/1 20/8 Agonto SINGAPORE: UIMII Jardlne Shipping BOOKINGS:667 words
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Advertisement1517 1991-07-01 28 UfcdMß REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUHUPfc VSL/VOY SM W.G BCL HAM NC HOT AIIT RL LH9 ALG Z ft NORASIA SHARJAH 1117-3 08/07 21/07 30/07 31/07 02/88 03/01 84/88 05/01 NORASIA MUBARAK 9111-3 12/07 02/01 04/08 07/01 08/08 08/01 10/88 U/08 12/11 NOBASIA AL-MANSOORAH 9119-3 18/07 10/011,517 words
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Page 29 Advertisements
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Advertisement2098 1991-07-01 29 Maritime Holdings Ltd wp&O ■I STRAITS SHIPPING I Wk Containers Voy Na Pa«/+PU Sp«« Al( Sou Ant Dot Hb| IMS MACAW 11M 21/01 01/07 03/0; lg/07 21/07 27/07 24/07 KOTO OK SMLS OSAKA MY MM 21/0* 01/07 00/07 23/07 25/07 27/07 CMSO lAUJT MAMS* *100 0«/07 00/07 10/07 29/07 20/072,098 words
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Advertisement2316 1991-07-01 29 iPMiaili TO: U.S.AJPANAMA FM: U.S.A./PANAMA ttoti*OT V OM IM cm roe s»» won ore *»/«w mc mm w c« f on CHOTANG OIOU tMN 4/7 31/7 l/l 11/ l lt/l 17/1 11 1 N/l *«S SMATO* "AIM IJ/S 17/J 1»/J 24/S 2/1 3/1 1/7 ASIAN KNATO* CFIZ7 13/7 7/1 li/l2,316 words
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Advertisement408 1991-07-01 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS asm Ivor Isp pi Hcuc pa BAM UUH "5 asm vorruw 1 ~Sd Th mm moon m 15 TS KOUSHUN 12 3/7 TRONO *77 "I Th mm ocean "Tol 5/7 tn COSMK LEADER 1 7/7 J/7 1 TWBBUE ACt i i/7408 words
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Page 30 Advertisements
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Advertisement575 1991-07-01 30 SSB CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY S PORE 1 ROAM ADAM H BURG BREMEN ANTWERP 9MMVA/32H8 14/1 3/J 9/9 12/9 14/9 HJTN/23M 25/1 26/9 1/10 J/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to Inducement Also accepting cargo to Caaablanca. Port Said. Port Alexandria.575 words
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Advertisement1038 1991-07-01 30 HANJIN SHIPPING S'porelLEH RTM ANR HAM BRV FEI rtrnfß VSL SIN LME HAUL LGB OAK HANJIN OAKLAND 013W 2/7 20/7 21/7 22/7 22/7 23/7 24/7 HJLNIM SINGAPORE 002E 3/7 WRECT 22/7 25/7 HANJIN HAMBURG 006W 7/7 25/7 26'7 27/7 27/7 29/7 30 7 HANJIN LONGBEACH 034E 17/7 DWECT 6/» 9/8.1,038 words
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Advertisement1296 1991-07-01 30 Inu SGP tf(( K» Kl6 PUS WT OSX NET ae TTO UX CM BAI NYC UW ANN MM nr «G PSO cw na Sfip I fiENTLf 040 3/7 4/7 0/7 10/7 12/7 IS/7 17/7 10/7 20/7 21/7 22/7 1/1 IJ/I IVI U/» 25/1 H/0 27/1 20/1 7/0 14/0 20/0 GRETT1,296 words
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Page 31 Advertisements
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Advertisement2002 1991-07-01 31 v NEPTUNE AGENCIES PTE LTD SNGAPORE TEL *****77 ICR NO: **********0E) VT BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE-*****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 aa AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****50/*****04 MM FAR EAST SERVICE-*****48 CFS: K27 IMPORT: *****69/*****50 mM Kb BHr NEPLINE SON BHD2,002 words
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Advertisement1174 1991-07-01 31 m 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) FULL CONTAINERSHIP SERVICES EASTBOUND-OBCHARQNG WESTBOUND—LOADING TRANSHFPED VIA ROTTERDAM" ««n w |gi |ml* mt vov law Ipki lac law1,174 words
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Page 32 Advertisements
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Advertisement1638 1991-07-01 32 K 44 -W y** AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) VP v TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 U MALAYSIA: 'K" UNE MARITIME (MALAYSIA) SDN BHD i Ei TEL: PJ *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA LAm- INTERNUSA1,638 words
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Advertisement1226 1991-07-01 32 I ftW* PHILI-ORI€NT UN€S PT€ LTD 108 ROBINSON ROAO #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA SSeaifF WE TAKE ON THE WORLD FOR YOU a <nO v iflMk KJH MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION ""Hp 21,226 words
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Page 33 Advertisements
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Advertisement1441 1991-07-01 33 «gsr|#ff PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street *03-00, Singapore 0106. 3SRa I [BANGKOK l VESSEL VOV BIN JKT SIN EDEN 171 2/7 4/7 S/7 VESSEL VOV SIN SKK SIN MAJAPAHIT 9110 4/7 8/7 ?i 1 I\!L AHLAWAN SI 24 2/7 8/7 ,/7 EQUATOR MAS 10N 8/7 8/7 12/71,441 words
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Advertisement1007 1991-07-01 33 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE LEHAVRE ROTTERDAM S'HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Kofrigan' 2JB 4/7 19A7 20/7 22/7 22H Nihoot 216 5/7 26/7 27/7 Nedi'oyd1,007 words
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Advertisement438 1991-07-01 33 M MYANMA WBk FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.KIf Pen P.Gdf MYOMA TWA Vl36* In ft PAGAN VI72W 6/1 Jul MAGWAY V2IW 9/11 Jul 12/14 M gft THE BANK LINE (A Mrvlc* of Andrew W«lr Shipping) SEMI-CONTAINER SERVICE VI HEAVY LIFT CAPABILITY I438 words
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Page 36 Advertisements
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Advertisement707 1991-07-01 36 TO AUSTRALIA/NEW ZEALAND tSL [to |Fr«n iMaft [jyd lAuc* [Sft If CHAIM Mima 274 22/7 nji 575 is/i TT7i MMTM* i 275 10/» IS7i 20/1 23/1 21/1 "5175 T75 ILLEN HUM 27( 23/1 JoTl «7» 14/t 1575 •wssn. 277 575 T57» T575 m 75 "i 77» "i 575 a 075707 words
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Advertisement1046 1991-07-01 36 EXPORTS TO HONGKONG, TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE I OUTBOUND VOY PKL PNC IKT I SIN HKG KAO KEE TYO SMZ NGO KOB ifvESm VOY |SW |PKL PNG 81W SIN ACX HY 128 *21.6 27 6 2.7 1.7 1.7 12.7 13 7 13.7 U7~ ICEBKO 120 3.71,046 words
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Advertisement1552 1991-07-01 36 tUTun CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYS** AfiEKTS: SINGAPORE'S GENERAL AGENTS CHUNG CHIAO SHIPPING SON BHD rQSTAR SHIPPING PTF LTD PT GLOBAL PUTRA KL TEL: *****91/75 FU *****92 TFr INDONESIA MARITIME f. KLAN6 TEL *****6/1 TU MA ***** rnSi *T-M: (021)*1M7. 3CI7M PENANG Til (***** TU: MA1,552 words
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Page 37 Advertisements
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Advertisement1147 1991-07-01 37 pIHBHHBIp UKC CONVENTIONAL SERVICE jj »«»< PKL PNG PG Loidmi for y A VESSEL 28 06 Rotterdam Antwerp j CHINA FULL CONTAINER SERVICE L VttMl SGP PKL BKK HKG QIN SHA I YANGfANGKOU 153 05/7 03/7 W/7 15/7 l«/ 7 I YANGFANGKOU 155 05/S 03/1 09/8 15/8 11/8 Mm Kcavtwtf1,147 words
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Advertisement329 1991-07-01 37 Sf TEL: *****33 (12 Lines) m FAX: *****15/*****03 PJJ TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES Y~ (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL ESSEL IVOY ETA LOADING FOR SPORE kNDiNET 24W8 02/08 OARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA iBYOT 26W8 02/09 DARESSAI AAM MOMBASA. DJIBOUTI ASSAB MASSAWA329 words
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Advertisement638 1991-07-01 37 SEAWARD SHIPPING AND TRADING GO (S) PTE LTD ETA ETA IT* SWRE PORT KEUNG PEIUNG ai 10/7 6/7 (luraut) 5/7 loading lor Male WVAI HUOHU 10/7 Loading tor Calcutta DOIPMN 6/7 4/7 loading For Male PIOWEK SUPWEMf m Pt Loading For Mat< OONMU.M 15/7 Loaded For Fetwaru PROGRESS LIBERTY In638 words
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Advertisement838 1991-07-01 37 SYDNEY/MELBOURNE BANGKOK VQSC. |wr tfOKt SYD MB jttttEL WOT SWMWK WWWI PLANETA 1050 MO/7 22 24/7 26-21/7 INANTA BHUM 47N Tut 2/7 fri 5/7 PITA BHUM 1106 20 21/7 2-4/1 6 8/8 MAHA BHUM# 64N Wed 3/7 Sat 6/7 PIANETA _1251 >-10/7 22 24/7 26 28/7 NORQ6EACH 02N Fri 5/7838 words
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Page 38 Advertisements
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Advertisement1170 1991-07-01 38 ■ftp m—«««M— S'PORE IMPORT: *****02 I I PENANG: (04) *****6 J. BAHRU: (07) *****2 KK: (088) *****0 MEDAN: (061) *****2 P.KELANG: (03) *****77 JAKARTA: (21) *****32 KUCHING: (082) *****3 SURABAYA:(3I) *****0 UK/SCAM/MED PORTS COLOMBO'S. AFRICA PEN PK SIN PEN PK SIN Colombo 5/7 6/7 7/7 3/7 4/7 5/7 Ldn/Fli/Rdm/Ant Durban/Pt1,170 words
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Advertisement334 1991-07-01 38 ffTfc BLUE STAR LINE WW*** SINGAPORE TO INEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SM n. fit AOCK IYT MAHSURI 0591 ta Pt 7 M PKOSKCT334 words
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Advertisement1202 1991-07-01 38 THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15 00, #16-00 SIA BUILDING SINGAPORE 0106 TEL. *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL Ivor In* IIEST VESSEL VOT SPOIL P. M.1,202 words
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Page 39 Advertisements
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Advertisement746 1991-07-01 39 \BE3L DE VAPORES "PERUVIAN STATE LINE" ACCEPTING WEAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* I OTHER PERUVIAN PORTS* WITH T/S AT KO6E ON CPV THROUGH BILL OF LADING. P»n*ij* P Hetanj S«(ipore E'Msia KAMALEVERETT 07/09 Jul 10/12 Jul THOIIASEVERETT 15/21 Jul KAItABKVERETT 2S/30 Jul 31 M/ 02 Au| W?\ "EVERETT ORIENT746 words
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Advertisement524 1991-07-01 39 T Bl I—*1 VSL [VOY [SPORE [MAHHINIH [t AX IKST ISAV IRYC IHM IM P*A£US 1?K J/7 W SMIMUH 27/7 VI l/l 10/1 12/1 m KAOHSJUNG UOf 9/7 M CANADA 11/1 20/1 21/1 24/1 27/1 7M ALEXAMWIA 67C 12/7 2M CANADA 11/1 20/1 23/t 25/1 27/1 /M SINGAPORE 40C 25/524 words
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Advertisement630 1991-07-01 39 \W- MULTI-MODE SHIPPING PTE LTD j MIDDLE-EAST/PERSIAN GULF ACCEPTING FCL/LCL OUBAI DAMMAN. SKARIAH DOHA. MUSCAT BAHRAIN ABU DHABI BANDAR ABBAS JEDOAH FAR EAST ACCEPTING FCL/LCL PENANG. P/KELANG lAKARTA BANGKOK HONG KONG TAIWAN JAPAN MANILA KOREA UK/EUROPE ACCEPTING FCL/LCL LONDON FELIXSTOWE. LEEDS TILBURY ABERDEEN. LE HARVE. HAMBURG, ROTTERDAM ANTWEP GOTHENBURG COPENHAGEN630 words
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Advertisement612 1991-07-01 39 rg >ERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VEBBEL VOV SIN JKT BBY MELITA 15/91 04/07 07/07 PRASETIA 177 A 04/07 07/07 PELOPOR 995 06/07 09/07 MELITA 17/91 09/07 12/07 PRASETIA 179 A 11/07 14/07 PELOPOR 996 13/07 16/07 TANTO UTAMA 175 05/07 08/07 TANTO UTAMA612 words
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Advertisement384 1991-07-01 39 SIN FM EAST 7/7 KEELUNG/KAOHSIUNG 7/7 BANGKOK 6/7 MANILA/CEBU 6/7 JAKARTA/BELAWAN/SURABAYA 6/7 PORT KELANG/PENANG/E. Malaysia 7/7 BUSAN 7/7 TOKYO/YOKO/KOBE/NGO/OSA 8/7 HONG KONG SIN CHINA 8/7 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU DALIAN SHANGHAI/XING ANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIN EWOK/UK 8/7 LDN/FLX/LVP/SOU 8/7 RDM/HAM/ANT/LE HAVRE/GENOA/OSLO also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA384 words
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Page 40 Advertisements
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Advertisement902 1991-07-01 40 OSt Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P.T. ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY S'PORE JAKARTA SURABAYA TAKARI I 1716 01 JUL 04 JUL TAMBANG VIII 8514 04 JUL 06 JUL TAKARI IV 4100 05 JUL 07 JUL TAMBANG VII 7934 06 JUL 08902 words
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Advertisement658 1991-07-01 40 SHIPPING CORP. SDN BHDI L2KM PT KLANC TEL 03-*****01 It Hm| FMM7O6II VJCDC/ KUM TEL 04 *****9 SIU* TEL 08»2I«M X VCZ SIIU TEL 004 31U2? TAWAU TEL 08*77*71 KK TEL MI *****0 KUCH TEL M 2 *****3 M'SIA TO USA/CANADA CONTAINER SERVICE I |wt I rtw I m law658 words
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Advertisement439 1991-07-01 40 TTBAAKT7M//C A PENANG KL: aluco-LIMK SINGAPORE: 04-*****2 03-*****55 778 6522(22 lines) Marine Onfl Sumo Ng/Phlllp Kee Irene Cheng/Esther Yap PLATOU PACIFIC It i SHIPPING SERVICES V REGULAR PAR EAST -N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: *****11 SINGAPORE: FAX: 2M2859 HANSA HANSA RIGA V.028 BREMEN 8.030 SINGAPORE 13/07 05/08439 words
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Advertisement384 1991-07-01 40 J-4J11.H J.MANILA ETA VIGOUR PACIFIC 40NB 6/7 VIGOUR SINGAPOUR 4WB 13/7 BANGKOK 6/7 13/7 SUSAN 5/7 13/7 HONGKONG 5/7 13/7 DURBAN 'PT LOUIS 7/7 24/7 KEELUNC 7/7 14/7 USA 8/7 15/7 PT KELANG 5/7 12/7 KOBE 7/7 17/7 PIRAEUS 12/7 22/7 OSAKA 3/7 10/7 JAKARTA 4/7 7/7 SURABAYA 5/7 12/7384 words
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Page 41 Advertisements
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Advertisement345 1991-07-01 41 vO c vOc vO c ~vC >c vQc vOcvOc U VAN OMMEREN CETECO GROUP U TRANSPORT DIVISION > y VOTAINER CONSOLIDATION SERVICES: f) THE ONLY CONSOLIDATOR WITH WORIDWIDE NETWORK V J Weekly FCIACL Services To/From V J V USA EUROPE FAR EAST > Baltimore.Votalnef Consolidation Services Hambwff Van Ommeren Hamburg345 words
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Advertisement632 1991-07-01 41 MORE FREQUENTFUGM WORLDWIDE NEW ZEALAHO/fUI ~1 VESSEL Jkt Pig *f«n *Bkk Ski S*bay« Auckland Fiji (A) NJlymouth(A) Timaru Lytt«Ron(B) Dunedki(B) Napier *etogton(C) Tavangi N. Rochester/9115 29/6 1/7 1/7 1/7 3/7 6/7 19/7 25/7 21/7 22/7 23/7 23/7 26/7 26/7 28/7 N Rouen/9116 9/7 U/7 11/7 11/7 13/7 16/7 29/7 21/8632 words
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Page 41 Miscellaneous
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Miscellaneous272 1991-07-01 41 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR OOMOIMO2MO3MO4M 0500 OMO 07M OMO OIMIOMIIMI2MI3MI4MISMIIOO 17M1M019M20M21M22M23M JR 2.9 3.1 10 26 2.1 1.5 0.9 0.6 0.4 0.4 0.7 1.2 1.7 £1 2.3 13 2.1 1.7 lJ 1.0 0.9 1.1 1.4 2.0 PP 2.8 3.0 2.9 2.6 2.0 1.4 0 9272 words
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Page 42 Advertisements
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Advertisement776 1991-07-01 42 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. EABTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST ~~1 feeder wr we m he hum. iw a on he haul wi tcm/sea pti NAN HM 202 022 3t/N 01/07 13/07 H. CHALLENGER «3E 29/07 01/01 04/07 TRANSNORID HUME ME776 words
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Advertisement230 1991-07-01 42 Guaranteed Weekly Consolidations Bj|jW To/From USA scn-snippim, SorvlcM: from Singapore HANJIN from USA East Coast NOL from USA West Coast MAERSK LINE Own Offices: Los Angeles, New York, Chicago and Houston Scan-Shipping has filed and maintained the required bond with the FMC. For more information please call: Tel.: 223 4644230 words
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Advertisement455 1991-07-01 42 CHARTPOINT Every Saturday in Business Times EXPORTTO^^^^^^ UK/CONTINENT (TRIO) to MM. OlMMvg. MM. itom rron wms ran in mmi iwi* UTMM N/US 2VI u/7 MMa to Mm*. •"'*<« o*. MM IMONflfl X I 17/7 11/7 a/7 till > mitol in :It Mm ■JRVVif^l MEDITERRANEAN (MED CLUB)* JEDDAH MOM U, Ml455 words
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