The Business Times, 30 July 1991
1991-07-30
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The Business Times
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Title Section10 1991-07-30 1 Business Times MCI (P) 16/12/90 Tuesday, July 30, 1991 75*10 words
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NEWS SUMMARY
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41 1991-07-30 1 BANGKOK Vietnam's national assembly is considering changing 138 of the 147 articles in its constitution to spell out the role of the Communist Party and support market-style economic reforms, the official Vietnam News Agency reported yesterdav.41 words
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Article45 1991-07-30 1 HONGKONG The Asian Development Bank (ADB), the Long-Term Credit Bank of Japan Ltd and the Sino-Finance Group Ltd (SFG) plan to acquire a 25 per cent stake in China's Xiamen International Bank, the Beijing-funded China News Service (CNS) said.45 words
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Article28 1991-07-30 1 FUJITSU Singapore is planning to quadruple its number of technological development staff from the existing 35 to 140 in the next five years Page 228 words
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Article25 1991-07-30 1 THE Motor Insurers' Bureau has urged its members to admit claims for which they are liable under the bureau's agreement Page 225 words
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Article25 1991-07-30 1 VIETNAM prefers bilateral negotiations with companies seeking exploration rights rather than competitive bidding for contracts in its budding oil industry Page 625 words
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Article33 1991-07-30 1 NOW THAT the Japanese have made their first, tentative suggestions to play a more active part in keeping the Pacific peaceful, their neighbours are having second thoughts Page 1033 words
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Article28 1991-07-30 1 MACWORLD Expo/Asia, a regional Apple industry event, has been moved to Hongkong. But Singapore will play host to local Apple event. AppleWorld Page 1428 words
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Article26 1991-07-30 1 THE exhibition of works by the Multi Media Masters of La Salle represents a collection of some fine and not-so-fine works Page 1726 words
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Article18 1991-07-30 1 SIA has decided not to convert its older passenger aircraft into freighters. Shipping l imes I18 words
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MARKETS SUMMARY
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Article28 1991-07-30 1 WALL STREET opened virtually unchanged yesterday with the Dow Jones index of leading industrials slipping .01 point to 2.972.49 in the first five minutes of trading.28 words
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Article38 1991-07-30 1 SHARES were boosted by optimism on the outlook for the British economy. The main index hit a record of 2,612.4 during the morning session. At 1115 GMT, the FTSE 100share was up 16.4 points, at 2,605.7.38 words
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Article28 1991-07-30 1 PACIFIC CARRIER Ltd is to take a small stake in the first Chinese state-owned company to be listed on the Hongkong Stock Exchange Page 328 words
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Article37 1991-07-30 1 CSA HOLDINGS made an impressive debut on the Singapore stock market yesterday. A total of 24 million CSA shares changed hands, nearly half the day's total volume of 55 million shares Page 337 words
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Article37 1991-07-30 1 THE time-table for the implementation of Globex a computerised trading system to be offered jointly by the Chicago Mercantile Exchange, the Chicago Board of Trade and Reuters may be ready by the year-end Page 737 words
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Article, Illustration31 1991-07-30 1 Monda> hange BT-MGA 716.45 -4.36 Kuala Lumpur ...607.11 +1.65 Tokyo 23.443.58 -75.49 Hongkong 4.016.59 -14.7 Sydney 1.567.5 f 4 4 Frida) Change New York 2.972.50 -7.60 London 2.589.32 +9.731 words
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Article22 1991-07-30 1 Exchange rates USS SS 1.7485 100 Yen SS 1.2652 MS SS 0.6272 Money market rates Overnight 4-5/8% -1/2 3-month 5-11/16% +1/822 words
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Article39 1991-07-30 1 London Gold AM fix USS366.00 USS1.30 R u bber S'pore Aug l42.25*/kg -0.25 M'sia Aug 227.50Vkg unch KL Tin Turnover 28 tonnes -34 Spot MS 15.49/kg -5 Crude palm oil Turnover 2.083 lots +536 Aug MS910 /tonne +1839 words
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474 1991-07-30 1 Magdalene Ng - Firms can opt for combination that includes Dutch-style system By Magdalene Ng THE STOCK Exchange of Singapore has decided on new guidelines for listing shares to provide flexibility to both issuers and investors. Companies planning a public share offering can now opt to474 words
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253 1991-07-30 1 THE LEGAL Profession Act will be amended to admit foreign lawyers for arbitration proceedings in Singapore. Singapore is the only Commonwealth country that preserves representation in arbitrations for the local bar. An amendment Bill tabled in Parliament yesterday by Law Minister S Jayakumar253 words
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243 1991-07-30 1 Agencies TOKYO Japan's Bin Four brokerages yesterday reluctantly released a list of 231 favoured clients they said were given massive pa>backs for stock losses. Dozens of big corporations including Toyota Motor C orp, Nissan Motor Co and I Matsushita KlectricAgencies - 243 words
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508 1991-07-30 1 Anna Teo - Yesterday in Parliament By Anna Teo HOUSEHOLD incomes rose by 4.2 per cent a year between 1973 and 1988. More homes became better-stocked with a range of consumer durables too. By all measures, all sections of the population have enjoyed the508 words
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Article, Illustration415 1991-07-30 1 Carolyn Lim - By Carolyn Lim WITH THE investment dollar becoming ever harder to win, the Economic Development Board (EDB) is getting into the game itself by investing in joint ventures. EDB chairman Philip Yeo, who defined the strategy as "putting your money where your mouth415 words
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Article118 1991-07-30 1 IN A front page report yesterday, we said Temasek Holdings was exploring the possibility of some form of involvement in New Zealand forestry giant Carter Holt Harvey (CHH). Temasek has since pointed out that it has never had discussions with CHH. During the interview last118 words
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Page 1 Advertisements
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Advertisement164 1991-07-30 1 me show you the latest Nikons at Photo Fair 91 at The World 31 ImK Aircraft Schedule 27 Money Market 25 Weather 27 Commodities 26 Regional Co News 4 Cryptic Crossword 27 Regional/World News 8.9 Tor market indices, editorial Editorial 10 Regional Stock Markets 24 advertising and circulation ex Financial164 words
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Advertisement11 1991-07-30 1 More Parliament reports, Pg 2 Japanese govt biggest recipient. Pg 411 words
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Advertisement59 1991-07-30 1 ALet me show you the at The World -i j /Trade Centre, Hall 3, J From 31 Jul^-4 Nikon Mia Chinat |j| Intenuuicnsl "91 Cartier mu/t' de artier Boutique/ SINGAPORE #01 36. Lucky Plaza, 304 Orchard Road Tel: *****^ #01-04. The Shopping Gallery, Hilton International Singapore, 581, Orchard Road Tel59 words
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HOME NEWS
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399 1991-07-30 2 Chuang Peck Ming - Yesterday in Parliament By Chuang Peck Ming PARLIAMENT has passed a bill that sets out in detail how the presidential elections are to be held. The Presidential Elections Bill provides for the process of presidential elections from nomination to balloting and to the counting of votes.399 words
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384 1991-07-30 2 FROM Oct 1, Certificates of Entitlement for cars including weekend cars and motorcycles will be nontransferable for 12 months. During the period, the 30bid allocation for motor distributors, which was meant to be transferred to customers, is to be withdrawn. COEs for goods vehicles384 words
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Article565 1991-07-30 2 Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill. The bill seeks to allow the Finance Minister to extend the tax-relief period of a postpioneer company for up to 10 years. It will enhance Singapore's competitiveness as an investment location and further encourage companies to upgrade their operations.565 words
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Article101 1991-07-30 2 THE Public Utilities Board will be privatised only after Singapore Telecom has shown the way. Second Deputy Prime Minister Lee Hsien Loong said. And that will take some time, he pointed out during the debate on the Public Utilities (Amendment) Bill, which aims to streamline and tighten101 words
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Article, Illustration298 1991-07-30 2 Kooi Cho Teng - By Kooi Cho Teng FUJITSU Singapore (FSL) will further expand its research and development in the areas of telecommunication and application software. Over the next five years, the number of technological development staff in the company will rise from the existing 35298 words
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256 1991-07-30 2 ASEAN should come together for closer co-operation in the areas of posts and telecommunications. especially since the grouping's economies have achieved unsurpassed growth rates. This was stated by Tan Guong Ching, permanent secretary (communications) at the opening ceremony of the 15th meeting256 words
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321 1991-07-30 2 ALMOST nine out of 10 graduates of the National University of Singapore and the Nanyang Technological University who were unemployed in 1989 found work within a year. But women graduates continued to be paid less than their male colleagues even though321 words
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335 1991-07-30 2 THE Motor Insurers' Bureau has appealed to its members not to deny claims for which they are liable under the bureau's agreement. Chairman Chew Loy Kiat. in the bureau's annual report, said that the council had to handle cases which should335 words
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Article168 1991-07-30 2 MEDISAVE will be extended to include payment for outpatient chemotherapy treatment, the government announced yesterday. From Aug 1, members may use Medisave for themselves or their immediate kin at approved hospitals. Up to $250 a month, or $2000 a year, can be withdrawn. Cancer is the leading168 words
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Page 2 Advertisements
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Advertisement832 1991-07-30 2 B I First Interstate Bank of California| CONSOUDATED BALANCE SHEET CONSOUDATED STATEMENTS OF INCOME December 31 Year Ended December 31 (in thousands) 1990 1989 (in thousands) 1990 1969 Assets: Interest Income: Cash and due from banks $2,144,901 $2,515,563 Loans, indudng fees $1,823,501 $1,583,242 Time deposits, due from banks 228,265 1,403,926832 words
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COMPANY NEWS 1
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485 1991-07-30 3 Lee Han Shih - By Lee Han Shih YET ANOTHER of Mr Robert Kuok's China cards has been played, this time through his Singapore-listed Pacific Carrier Ltd (PCL) and his Malaysian companies Perlis Plantations Bhd and Federal Flour Mills Bhd. which are to amass a485 words
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Article, Illustration291 1991-07-30 3 Colin Tan - By Colin Tan PROPERTY GROUP Straits Steamship Land Ltd (SSL) is asking for rents of between S8 and SlO per sq ft for office space in its soon-to-be-completed $143 million Ocean Towers at Raffles Place. This compares291 words
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277 1991-07-30 3 Genevieve Cua - By Genevieve Cua CSA HOLDINGS, the first software house to be listed on the Stock Exchange of Singapore, emerged as the star in yesterday's trading on the local market. Its debut was impressive, both in terms of volume and the premium it277 words
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253 1991-07-30 3 Bernama KUALA LUMPUR Innovest Bhd will be a cashtich company by the end of this year when all its proposed disposals of equity in some of its subsidiaries are approved by the authorities, its chairman. Datuk Dr Mokhzani bin Abdul Rahim, said yesterday.Bernama - 253 words
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307 1991-07-30 3 Dexter Lee - By Dexter Lee A TIMELY $4 million tax writeback has helped Sembawang Maritime to notch up group after-tax profits of $9.1 million for the first half of its current financial year. This works out to earnings of 13 cents per share, up from 11.6307 words
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242 1991-07-30 3 KEPPEL FINANCE, the listed finance arm of the Keppel group, has reported unaudited after-tax profits of $2.66 million for the six months ended June 30. 1991. This represents an improvement of 14 per cent over the corresponding six months of last year. But242 words
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343 1991-07-30 3 MBT KUALA LUMPUR Bank Bumiputra Malaysia is committed to injecting M$8() million (Ssso million) cash into its stockbroking arm. BBMB Securities, through wholly-owned subsidiary BBMB Securities (Holdings). The capital injection became necessary after BBMB Securities incurred a loss of Ms 72 millionMBT - 343 words
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175 1991-07-30 3 KUALA LUMPUR The rail haulage and shareholders' agreement of Eastern and Oriental Express, a luxurious train journey spanning Singapore, Malaysia and Thailand, will be signed here today, sources said. The service, which would be modelled along the lines of the Venice-to-Simplon Orient Express in175 words
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COMPANY BRIEFS
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127 1991-07-30 3 KUALA LUMPUR General Lumber (Holdings) Bhd said unaudited group pre-tax profit for the six months ended June 30, 1991 rose 19 per cent to M 525.284 million (S$ 15.929 million) from a year earlier, while group turnover rose 34 per cent to M$ 162.167127 words
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Article72 1991-07-30 3 KUALA LUMPUR RJ Reynolds Bhd posted a M 532.9 million (5520.73 million) pre-tax profit for the half-year ended June 30, 1991, with profits from subsidiary 7 RJ Reynolds Tobacco Co Sdn Bhd growing at an impressive 64.8 per cent clip from the previous corresponding period.72 words
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Article86 1991-07-30 3 KUALA LUMPUR Island Peninsular Bhd (I&P) is not holding negotiations with any party for joint-venture property development projects, its managing director, Raja Azwa Ahmad, said yesterday after the annual general meeting of the company here. Raja Azwa said the property sector would remain the major86 words
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Article60 1991-07-30 3 KUALA LUMPUR MechMar Corporation Bhd has informed the Kuala Lumpur Stock Exchange that it has acquired an office cum factory- building in Petaling Jaya for M 52.756 million (S$ 1,736 million). It said that of the total consideration, Ms 2 million would be financed by60 words
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Article49 1991-07-30 3 KUALA LUMPUR Arab-Malaysian Merchant Bank Bhd (AMMB) yesterday announced that the relevant authorities have approved the proposed flotation scheme of its subsidiary-. Arab-Malaysian Finance Bhd. This now remains subject to the approvals of the Kuala Lumpur Stock Exchange and shareholders of the two companies.49 words
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COMPANY BRIEFS
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92 1991-07-30 4 WELLING lON Lion Nathan Ltd said it had sold its 75 per cent holding in New Zealand Can Ltd to Australian packaging group Amcor Ltd for NZ$45.l million (5545.07 million). Alter the repayment of inter-company debt. Lion said it received a92 words
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Article62 1991-07-30 4 I OkYO NEC Corp plans to launch production of personal computers in Germany in October next year with output aimed at 150.000 units a year by 1993, the tti Nihon Keizai Shimbun said on Saturday. It will be the first European foothold of personal62 words
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Article65 1991-07-30 4 HONGKONG Consibee Ltd, a wholly-owned subsidiary of GGS Co Ltd in Japan, will sell its majority shareholding in Kam Shing International Ltd to private Hongkong-based Fulcrest Ltd. Kam Shing and Fulcrest said in a joint statement that Consibee will sell Fulcrest 177.81 million shares65 words
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Article59 1991-07-30 4 TOKYO NEC Corp plans to launch production of personal computers in Germany in October next year with output aimed at 150,000 units a year by 1993, the Nihon Keizai Shimbun said on Saturday. It will be the first European foothold of personal computer production for59 words
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252 1991-07-30 4 Dawn Tan - By Dawn Tan PT BENTOEL, one of Indonesia's biggest clove cigarette manufacturers, is expected to ask its creditor banks to write off some 50 per cent of its existing debt, with the rest payable over a number of years to be stipulated252 words
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Article753 1991-07-30 4 The Big Four s list of paybacks Agencies TOKYO Ending weeks of suspense in a shocking financial scandal, the Japan Securities Dealers Association (JSDA) yesterday released a list of 231 clients improperly compensated by Japan's Big Four brokerages for investment losses totalling 128.3 billion yen (551.53Agencies - 753 words
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464 1991-07-30 4 Reuter SYDNEY Pioneer International Ltd said the results of its petroleum refiner and marketer Ampol Ltd in the year to June 30 would exceed its 1989/90 results. Pioneer managing director Rodney Price declined to specify the result for the wholly-owned Ampol, or for Pioneer,Reuter - 464 words
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275 1991-07-30 4 William Chia - By William Chia SINGAPORE Summa ln-„ vestment Ltd has appointed; Quality Pacific Hotels. Australia's second largest hotel chain operator, to manage its Perth hotel. Disclosing this in the company's latest annual report, chairman William Soer-* yadjaya said that with the* appointment, Summa's275 words
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542 1991-07-30 4 Only Japan mired in gloom in second quarter AFP HONGKONG After surging at the beginning of the year, most Far hast stock markets stopped for breath in the second quarter in what market analysts took as a healthy consolidation. Japan was theAFP - 542 words
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COMPANY BRIEFS
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89 1991-07-30 6 I ONDON Glass manufacturer Pilkington pic said it has acquired French-owned glass merchanting and double-glazing manufacturer Vitrages Isolant de I'Ouest (VIO) and its subsidiary companies for an undisclosed sum. VIO has an annual turnover of 350 million francs (Sslo2 million) and employs 420 people. It89 words
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104 1991-07-30 6 MIL AN Sogefi SpA, the holding company controlled by Italian entrepreneur Carlo De Benedetti, views its 47.88 per cent stake in German automotive parts group Boge AG as a strategic holding it does not want to sell. Sogefi managing director Roberto Colaninno denied market104 words
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Article97 1991-07-30 6 LINCOLN, Rhode Island AT Cross Co said it is unlikely that the company will report increased earnings for the entire year, although it expects a relatively better performance in the second half of 1991. It did not provide details. Earnings in 1990 were U5527.2 million (5547.3297 words
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Article94 1991-07-30 6 MILAN A total of 150.000 shares in German pharmaceutical company Bayer AG will be offered to Italian investors at a price of 206,235 lire (*****.52) per share prior to their listing on the Milan bourse. Merchant bank Mediobanca-Ban-ca di Credito Finanziario SpA said in a94 words
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Article115 1991-07-30 6 SCHWALBACH, Germany Automotive components maker VDO Adolf Schindling AG, predicting a further decline in profits, said it planned to cut its parent company workforce to below 9,000. from the current 9,212. Managing board chairman Ulrich Woehr told the annual shareholders' meeting that weak export sales115 words
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Article79 1991-07-30 6 T ORONTO Campeau Corp said it was not happy with the reorganisation plan of its US subsidiaries. Federated Department Stores Inc and Allied Stores Corp. Under the plan, Campeau, which invested C 51,509 billion (552.2 billion) in the takeover of the US department store chains, will79 words
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512 1991-07-30 6 Reuter TOKYO International Business Machines Corp (IBM) is leading an American assault on NEC Corp's tight grip on Japan's personal computer (PC) market, but industry analysts say the firm faces an uphill battle. US companies are finally taking the Japanese PC marketReuter - 512 words
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Article, Illustration457 1991-07-30 6 Sale of British Telecom stake will help it meet borrowing requirement Reuter LONDON The sale of a second tranche of British Telecommunications pic shares scheduled for November may enable the government to meet its public sector borrowing requirement (PSBR) target this year, economistsReuter - 457 words
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386 1991-07-30 6 NYT REDMOND, Washington Microsoft Corp is moving its software strategy further away from that of IBM. its one-time partner, company executives said. Microsoft supplies the MS-DOS operating system used on IBM and compatible personal computers, and it worked with IBM on OS/2, whichNYT - 386 words
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218 1991-07-30 6 Reuter NEW YORK Avon Products Inc said its US sales in the third quarter are likely to exceed those of the same period a year ago. "June (sales were) spotty but improving in the latter part of the month and in July we'veReuter - 218 words
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Page 3 Advertisements
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Advertisement365 1991-07-30 3 The MOST comprehensive digest directory tor I 1 the business traveller. ENLARGED UPDATED 2nd EDITION HUNDREDS OF NEW BUSINESS CONTACTS US$l7 or HK$l32 incl post packaging (Payable to This is Vietnam J AMEX accepted Address: This is Vietnam. #38, 3 South Bay Close. Hong Kong Fax orders: (852)*****46 Published with365 words
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Page 4 Advertisements
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Advertisement716 1991-07-30 4 I I 2K THE BANK OF EAST ASIA, LIMITED mj 10 DES VOEUX ROAD, CENTRAL HONG KONG CONSOLIDATED BALANCE SHEET AT 31ST DECEMBER 1990 CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER 1940 1990 1989 j, g9 :z '"i shares oft 1K52.50 each Issued and fully paid:716 words
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Advertisement77 1991-07-30 4 TANG SAN ANTIQUE HOUSE mm cordially invite r* the pleasure of your company to MING AND QING DYNASTIES ANTIQUE FURNITURE EXHIBITION UiNG LAM GUAN HAT ARMCHAIR (WU MH WOOD) Wu Mti, /itan Huang Huali, .lichi, Duan, Blackwood And Klmwood. Venue: Mandarin Singapore Reception Hall (sth Floor, South Wing) 333, Orchard77 words
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Page 5 Advertisements
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Advertisement125 1991-07-30 5 A it^ Wlf fPME*3 i^^^^^^^^^^BMBWIIMWWWWPWW^WPWWMWW^^^^^^P^^^^^MWMMMMMMMMMMMMMMMMPWWWMWMMWMMBMMM——II SSl&t£***x flHs£< mHm' b It behooves us to remind you that there is a very limited number of the Mercedes-Benz Golden Classic Its timeless appeal and sheer driving pleasure is, to say the least, uncommon. And judging from market response, not gone unnoticed either Amongst125 words
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Page 6 Advertisements
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Advertisement725 1991-07-30 6 Manufacturers oft HANOVER MANUFACTURERS HANOVER TRUST COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CONDITION CONSOLIDATED STATEMENT OF OPERATIONS December 31, Year ended December 31, (Dollars In millions, except per share amount) 1990 1969 (In millions) 1990 1989 ASSETS INTEREST REVENUE Cash and due from banks 2,234 2,322 Loans $4,153 $4,167 Interest725 words
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Advertisement306 1991-07-30 6 This JiiihiiiiKCiiinK appears lor the />i»//>ov record only July 1991 o I DBSBANK I THE DEVELOPMENT BANK OF SINGAPORE LTD B (Incorporated in the Republic of Singapore) H Rights Issue fl 47,420,192 New Shares of Ssl.oo Each I at the Price of 559.60 per Local Rights Share B and S$306 words
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FINANCIAL NEWS
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470 1991-07-30 7 Quak Hiang Whai - Asia Pacific Futures Research Symposium By Quak Hiang Whai SINGAPORE The timetable for the implementation of Globex a computerised trading system to be ottered jointly by the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT) and Reuters may be ready by the end470 words
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Article, Illustration505 1991-07-30 7 Reuter TAIPEI A series of multi-million-dollar scandals is sweeping Taiwan's financial world as the government cracks down on speculation and fraud by some of the island's wealthiest businessmen. Authorities have charged one of the stock market's biggest players with tax evasion, indicted a textileReuter - 505 words
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202 1991-07-30 7 SINGAPORE Indonesian firms keen on offshore borrowings may face higher interest payments due to PT Bentoel's recent loan default and the country's financial squeeze. DBS Buana Tat Lee Bank (DBT Bank) is due to sign a US$22 million (5538.5 million) revolving credit202 words
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SMALL CHANGE
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Article71 1991-07-30 7 ZURICH Credit Suisse, a subsidiary of C S Holding, said results for the first half of 1991 were significantly up from the corresponding periods of 1989 and 1990 even after increased provisions for loan risk. Earlier, Credit Suisse reported that first-half group profit rose more than71 words
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Article122 1991-07-30 7 TOKYO Japan's Finance Ministry has issued special instructions to three scandal-hit city banks to tighten internal checks to prevent further fraud, ministry officials said. The instructions were sent to Fuji Bank Ltd, Kyowa Saitama Bank Ltd and Tokai Bank Ltd. The instructions sent to the122 words
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Article56 1991-07-30 7 MUNICH Bayerische Vereinsbank AG (Bayernverein) said its group partial operating profit in the first half of 1991 rose to 534 million marks (***** million) compared with 290.1 million marks in the six months of the 1990 period. A statement also said operating profit had risen even56 words
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71 1991-07-30 7 TOKYO Orix Corp, Japan's largest leasing firm, estimates its group lending for realtors will fall to about 475 billion yen (556.02 billion) in the year ending March 31, 1992, from about 710 billion a year earlier. A spokesman cited government restrictions on loans designed to71 words
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Article63 1991-07-30 7 LONDON Midland Bank pic said it has been negotiating with Allied Dunbar, the life assurance and unit-trust subsidiary of BAT Industries pic. "We certainly have had discussions with Allied Dunbar," a spokesman for Midland Bank said. He would not elaborate further on a newspaper report that the63 words
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157 1991-07-30 7 Reuter MANAMA, Bahrain Two Omani banks and two investment firms have won approval to strengthen their positions by increasing paidup capital, an official said. Mahmoud Bin Mohammad al-Jarwani, the director general of the Muscat Securities Market, told Reuters that more banks and firms wereReuter - 157 words
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Page 7 Advertisements
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Advertisement395 1991-07-30 7 With an infinite spectrum of powerful desktops for your use. Until Septemlx*r 30. 1991. we are extending special offers why continue to stand alone? for vou to migrate to PATHWORKS easily and at significant PATHTWORKS THE PERFECT SOLITION FOR DESKTOP INTEGRATION i cost reductions. I You can now make the395 words
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THE REGION/THE WORLD
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WORLD WATCH
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82 1991-07-30 8 BERLIN German Chancellor Helmut Kohl said on Sunday that beleaguered eastern Germany is breaking out of its economic doldrums and showing sings of recovery. But his chief political rival. Social Democrat Bjoern Engholm, said recovery is at least five years away and suggested that Mr82 words
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Article108 1991-07-30 8 BONN German Chancellor Helmut Kohl said the sharp jump in July inflation was due largely to the one-off effect of the rise in taxes and that prices would not continue rising so sharply. West German inflation soared 1.0 per cent in July from June108 words
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Article77 1991-07-30 8 TOKYO Yokohama, which recently took over from Osaka as Japan's second largest city, intends to announce its candidacy as host for the 1993 summit of the world's seven leading industrialised nations (G-7). The G-7 summit, to be held in Munich next year, will be77 words
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Article75 1991-07-30 8 SEOUL Senior officials from members of the Asia-Pacific Economic Co-operation (Apec) will meet in South Korea's south-eastern city of Kyongju from Aug 27 to 28 to discuss adoption of basic documents on the regional body, the foreign ministry said yesterday. On the agenda of75 words
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Article65 1991-07-30 8 HONGKONG China's prosperous special economic zone of Shenzhen has set a record for tourist arrivals, hotel occupancy and receipts, a semi-official Chinese news agency reported here yesterday. For the first half of this year, nearly 2.3 million people visited the zone which borders Hongkong, a rise65 words
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283 1991-07-30 8 Philippines' share to be given back to S Africa Reuter MANILA Washington's decision to transfer back to South Africa part of the Philippine share in the US sugar imports quota could wreck Manila's efforts at economic recovery, the Philippine Senate defenceReuter - 283 words
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207 1991-07-30 8 Reutcr SINGAPORE Vietnam will negotiate with companies wanting exploration rights rather than organise competitive bidding for contracts in its budding oil industry, a Vietnamese oil industry official said. "Petrovietnam prefers bilateral negotiations with each company," Do Dinh Luyen, a deputy director ofReutcr - 207 words
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Article, Illustration409 1991-07-30 8 Reuter MANILA President Corazon Aquino yesterday defended a new military bases agreement with the United States, saying it could boost foreign aid to the Philippines. Mrs Aquino and Foreign Secretary Raul Manglapus, in separate statements, rejected suggestions that Washington's decision to transfer backReuter - 409 words
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255 1991-07-30 8 UPI BANGKOK Japan's trade with Vietnam is expected to increase by more than 15 per cent this year to about US$l billion (S$ 1.75 billion) despite the US-led embargo, the official Vietnam News Agency reported. "Turnover in trade between JapanUPI - 255 words
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263 1991-07-30 8 Reuter TOKYO Japan's tight labour market is easing as the economy slows, but only slightly, private economists and labour Ministry ofTicials say. An expected slowdown in economic growth this year should ease pressure on labour markets, allowing unemployment to rise slightly in comingReuter - 263 words
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Advertisement792 1991-07-30 8 AMERICAN EXPRESS BANK (a wholly vwiwd fuMdiary of Amarican Expraa* Company) SpedmJht* In httmrwdonal Firmndml Sfvfcm CONSOLIDATED FINANCIAL STATEMENTS World Fwvmcal Center. New "fork NY IO2BS-2450 YEAR ENDED DECEMBER 31, 1990 Singapore Branch: Shmj Kwjn Home. 4 Shemon Way letephone 220-2311 Telex R*****2 Cabe AdAwi AMEXBANK SINGAPORE CONSOLIDATED BALANCE SHEET792 words
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Advertisement386 1991-07-30 8 REPUBLIC NATIONAL BANK OF NEW YORK A SUBSIDIARY OF REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition f June 30 Liabilities and June3o Assets Stockholder's Equity (Dollars m thousands) Cash and due from banks 278,904 286.040 Non-interest bearing deposits: Interest bearing deposits In domestic offices 644.066 684.264 with banks 8.894,900386 words
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THE WORLD
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Article, Illustration430 1991-07-30 9 Start accord to be signed; easing of trade restrictions on agenda Reuter Washington us President George Bush heads to Moscow for a two-day summit with Soviet leader Mikhail Gorbachev that will focus on the evolving relations of both nations as they officially agreeReuter - 430 words
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295 1991-07-30 9 AP MOSCOW After more than a year's delay, US President Bush is almost certain to deliver long-sought trade benefits to the Soviet Union this week. But don't expect goods marked "Made in USSR" to appear on US store shelves any time soon.AP - 295 words
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284 1991-07-30 9 Reuter LONDON Optimism that Britain's recession is bottoming out may be fuelled by a Confederation of British Industry (CBI) survey due out today and expected to show some improvement in business confidence. But this could be tempered byReuter - 284 words
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Advertisement352 1991-07-30 9 "It's great to be slim!" Free body a i» composition JLv* test ...when you register now for a weight-loss and f inch-loss programme at no extra cost. Results are V. jAHfeto guaranteed. This scientific computerised test will indicate exactly your body fat percentage, lean (muscle) body weight, basal metabolic rate,352 words
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Article485 1991-07-30 10 EDITORIAL A FEW weeks ago, the Monetary Authority of Singapore (MAS) advised Singapore's full-licence, restricted, and offshore banks to book all their Brunei dollar loans and deposits under their Domestic Banking Unit (DBU) instead of the Asian Currency Unit (ACU) as they have been doing for several485 words
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WHAT THE OTHERS SAY
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Article333 1991-07-30 10 LAST week, Australian Foreign Minister Gareth Evans carried a letter from Prime Minister Bob Hawke to Malaysian Premier Datuk Seri Dr Mahathir Mohamad admitting that the film Embassy had caused damage to Malaysia and that Canberra could have helped by dissociating itself from it earlier. But even as333 words
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Article65 1991-07-30 10 JUDGING by the turn of events in the Soviet Union, communism has little hope of surviving. Unlike China, the Soviet Union has difficulties holding its fragmented republics together, unless there is something common to cling to. And that should be a market economy and pragmatic policies to steer65 words
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Article93 1991-07-30 10 FOR the minority races to appreciate the efforts made by the Chinese community to preserve its heritage, they must first get to know the community more. Chinese issues are much more complex than those of the minority races. For instance, the Chinese do not have a common religion93 words
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REGIONAL VIEWPOINTS
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Article163 1991-07-30 10 IN these days of monetary deregulation, huge amounts of money can be shifted half-way around the world in the time it takes for a simple telephone call. International banks have ceased to be family affairs but have become huge clearing houses for multinational corporate and private interests. Most163 words
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Article214 1991-07-30 10 THE complex and delicate negotiations with Vietnam over the establishment of international holding centres for the boat people appear to be moving ahead more speedily than many in Hongkong would have dared hope just a few months ago. But despite the mood of ministerial optimism, the main214 words
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Article129 1991-07-30 10 TRUE to form, Israel is behaving like a fractious child at a time when the possibilities of renewed peace in the Middle East is at its brightest. Israel's Prime Minister Yitzhak Shamir has been fluting his old tune, being inflexible, stringing everybody along while not rejecting129 words
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1054 1991-07-30 10 The Economist - Is Japan a hesitant patroller of the Pacific, asks The Economist The Economist The Economist Damned if they do, damned if they don't. Six months ago their Asian neighbours were prodding the Japanese to play a more active part in keeping the Pacific peace. NowThe Economist - 1,054 words
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Page 10 Advertisements
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Advertisement77 1991-07-30 10 AN INCISIVE PRESENCE fti,' 111 #*1 VP Singapore I T(Wiar|!s J OCEAN TOWERS s y Direct link to the MRT Column-free office f aJ* space Computerised building management a j system Sophisticated card-key security system High speed lifts Ample carpark lots <$ V\# MARINA OFFICES FOR LEASE. READY IN EARLY77 words
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Page 10 Miscellaneous
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Miscellaneous65 1991-07-30 10 DOONESBURY by garry trudeau THIS THINGS RSAUY fH£Y. LOOK. RAY UJHY DOtTT l\ M&6WMSUP.3P. PPJVSDOUJN* UJC COULD 60 I OKAY, Mm. MAP TALK? THS HSLMST, I CANTBUeVZ MY OUT. HAV& A Ft«j B6CXS, L BUT NO MR UJHAT MAK& MAN I CAN AjiTA OH LAPY JUST BUMS TALK IT OUT,65 words
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ANALYSIS
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Article, Illustration1259 1991-07-30 11 Alvin Tay,Schutz Lee - It's going to be a painful budget for New Zealanders. That much is certain, report Alvin lay and Schutz Lee from Wellington. The unpleasant task of administering that bitter pill falls on the shoulders of a much-maligned woman. Finance Minister Ruth Richardson Alvin Tay,Schutz Lee1,259 words
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Article, Illustration1129 1991-07-30 11 IF the New Zealand press had knowledge and understanding of Singapore colloquialism, many of them would have described their Finance Minister as "chilli padi". For the five-footer that is Ms Ruth Richardson has stung New Zealanders at a time when the1,129 words
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Page 11 Advertisements
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Advertisement281 1991-07-30 11 T H E G L QBE BUILT TO CRITICAL STANDARDS f WHERE QUALITY OF DESIGN IS P|i|f THE determining factor ijjjjpljl Highest grade fluorocarbon aluminium j glass and mirror finishes A water feature at the entrance focuses tjjjgl *4 j j H-* on water as the traditional symbol of 1-281 words
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Page 12 Advertisements
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Advertisement979 1991-07-30 12 Free Seminars sDeciallv The IBM Showcase 1991 is your chance to gk 1 find out the latest computer developments as ior your Business. they apply to your industry. Free seminars are 1 being offered that concentrate on manufacturing, DAY 1 MANUFACTURING wholesale and retail, transport, insurance and ROOM 1 MAIN979 words
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INNOVATION & TECHNOLOGY 1
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Article, Illustration697 1991-07-30 13 What happens when methanol-powered cars hit the road NYT THE clean-air car of the future might operate like the five experimental Volvo 940 sedans now undergoing testing by California's South Coast Air Quality Management District. The cars burn a mixture of petrol andNYT - 697 words
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Article263 1991-07-30 13 Bryan Virasami - Sun Microsystems is launching new systems and cutting prices. Bryan Virasami reports Bryan Virasami SUN Microsystems, a leader in computer desktop workstations. has announced a new line of powerful systems, as well as products to enhance its existing products. Aside from the new products and new263 words
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Article, Illustration620 1991-07-30 14 Sebastian Moffett - Electronics giants are bracing for post-CD audio battle. Sebastian Moffett reports Sebastian Moffett Reuter Kitted out now with compact disc player and cassette recorder, your LPs stacked nostalgically at the back of your cupboard, you may think you've earned a break from keepingReuter - 620 words
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467 1991-07-30 14 Michelle Low - Apple is moving its regional expo from Singapore to Hongkong. Michelle Low reports Michelle Low Macworld Expo/Asia, a regional Apple industry event which has been in Singapore for the past two years, moves to Flongkong this year. Singapore, in the meantime, will play host to467 words
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Article, Illustration384 1991-07-30 14 Joseph Rajendran - Joseph Rajendran talks to NCR's financial systems' vice-president Joseph Rajendran COMPUTER manufacturer NCR expects banks to move towards event-driven technologies by the second half of the *****. Event-driven technologies, in NCR's view, will process information instantaneously as events occur, whether it be a simple passbook384 words
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Article222 1991-07-30 14 THREE US surgeons will be in Singapore on Aug 17 and 18 to give lectures and perform operations on a ncv. method that makes smaller cuts on the patient instead of the large incisions of conventional surgery. Called minimally invasive surgery, the surgeon performs the operation through small222 words
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Page 13 Advertisements
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Advertisement516 1991-07-30 13 Intelligent Systems trl 1 y A 1 JAPAN SINGAPORE lodays Business Advantage a,cen The Japan-Singapore Al Centre (JSAIC) is a new initiative established by the Governments of Singapore and Japan to promote the use and application of intelligent systems and to train a pool of Al specialists for Singapore. JSAIC516 words
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Page 14 Advertisements
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Advertisement156 1991-07-30 14 Once upon a time, holding a full- example. It can comfortably house a next banquet or conference in Johor blown banquet or conference in Johor cocktail reception for up to 800, in truly Bahru. talk to The Princess'. Bahru was, to all intents and purposes, grand style. Because, now we156 words
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Advertisement11 1991-07-30 14 11 Matters has been held over due to pressure on space11 words
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CORPORATE FOCUS
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Article, Illustration921 1991-07-30 15 Alison Leigh Cowan - A stock selloft by Tiffany's management has led to concerns about the company's prospects, writes Alison Leigh Cowan Alison Leigh Cowan NYT ITs a rare person these days who is not in love with Tiffany Co, the jeweller whose blue boxes became aNYT - 921 words
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Page 15 Advertisements
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Advertisement1074 1991-07-30 15 KCKB Corporation Head Office: One NCNB Plaza, Charlotte, North Carolina ***** USA Singapore Branch: 5 Shenton Way, #11-01, UIC Building, Singapore 0106 CONSOLIDATED BALANCE SHEET CONSOLIDATED STATEMENT OF INCOME in Thousands) (Dollars In Thousands Except onft "w-onin imonnnKXi 1990 1989 Aaaata Yaar Endad December 31 Cash and cash equivalents 4,044,8431,074 words
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Page 16 Advertisements
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Advertisement158 1991-07-30 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Dessert on the House Any item you order from our j la carte menu (beverages .md desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. It A MEMBER158 words
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Advertisement300 1991-07-30 16 n mn nuimefajf Back to basics with a new menu at Nutmegs. Select from a range of the finest seafoods or superior cuts of prime quality meat prepared just the way you like with a choice of accompaniments. Of course the lobsters still take centrestage at $33*. Pius l"IH \crmr300 words
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Advertisement288 1991-07-30 16 Seafooo Theatre Restaurant I*' Canton** Thailirnne (V MAKE NO BONES -IS ABOUT IT. Ot« 5€T MENUS AK VAIUI FOt-MONE*. A N A rare treat indeed! Exotic Cantonese-Thai cuisine served to you at the most affordable prices In a variety of set menus for 2-10 persons For as little as $50++.288 words
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Advertisement304 1991-07-30 16 '^H fc* You'll enjoy our delicious selection of authentic Beijing Dian Xin served amidst the splendour of an Imperial Court. May we expect you today? ■F From noon to 2.30 pm njCTT Ala carte menu available. Jnujj, 333 Ofrhard Road Singapore 0923 Tel: 737*41 I Plan your next function at304 words
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Page 16 Miscellaneous
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Miscellaneous773 1991-07-30 16 TELEVISION AND RADIO ml t A I rr T r 6-55 Programme Highlights. 7.00 Cable News Network BUSINESS ON RADIOS Thp ronnnrtor 1 s" F,rt ,Game s -A- Vv/llvli4v vV/A 700 am CNN International (I) 7.30 News(M). 8.00 National News (M). 7.10 am, 9.25 am, 1.30pm, rr g 0 <*»•773 words
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LIFESTYLE
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266 1991-07-30 17 CHATTERBOX THE PRINCE and Princess of Wales married 10 years ago on July 29 with pomp, circumstance and millions of TV viewers watching approached their wedding anniversary more privately. Charles and Diana spent the weekend with sons Prince William, 9, and Prince Harry, 6,266 words
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Article, Illustration795 1991-07-30 17 Susan Tsang - Susan Tsang steps over plush furniture to take a closer peek at the works of the Multi Media Masters of La Salle in The Oriental hotel Susan Tsang FOR ANYONE who strolled into The Oriental hotel recently and wondered if all the paintings in the795 words
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Page 17 Advertisements
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Advertisement290 1991-07-30 17 AND ENTERTAIN Lunch in a Flash! A carvery and salad buffet lunch featuring the best of cuisines everyday from different countries. Available at the Cafe-in-the-Park. From 12 noon to 2.30 pm Mondays to Fridays only. Price: $18,504- per person. Monday Western Delights Tuesday Chinese Savouries Wednesday Malay Temptations Thursday Indian290 words
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Advertisement448 1991-07-30 17 Cafe OptuM JR Introducing a p.W new dining experience. IP LUNCHEON OPTIONS Light Buffet from $8.50+ r weekdays except Public Holidays) iw DINNER OPTIONS (p< Tai Pai Thong" dishes from $4.00+ (Saturdays to Thursdays from 6.30 pm) $I^Full Barbeque Buffet at $tB.oo+ (Fridays only, from 6.30 pm) y§ TEE-OFF CAFE448 words
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SPORTS
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SIDE LINES
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102 1991-07-30 18 PURCHASE, New York Unseeded and relatively unknown Isabelle Demongeot of France won her first tour title, beating second-seeded American Lori McNeil 6-4, 6-4 on Sunday in the Westchester Ladies Cup. Demongeot, an eightyear pro who earned US$lB,OOO with the win, beat top-seeded Laura Gildemeister102 words
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Article74 1991-07-30 18 ADELAIDE Jansher Khan of Pakistan will be seeking his third consecutive World Open squash title when the championships begin today. Three-time champion Jansher's closest rival for the crown is expected to be his countryman and six-time champion Jahangir Khan. The pair are seeded to meet in74 words
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Article111 1991-07-30 18 CANTON, Massachusetts Juli Inkster ended a two-and-a-half year winless drought with a birdie on the final hole to win the Bay State Classic golf tournament by one stroke over Caroline Keggi on Sunday. Inkster won her 14th career title with a closing five-under par 67 for111 words
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Article189 1991-07-30 18 NOTTINGHAM, England The US team scored a linguistic victory even though it lost Sunday's final to Spain in the Federation Cup. With a lot of help from her team-mates, Jennifer Capriati said she has won her battle to rid the dreaded words "you know" from189 words
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Article249 1991-07-30 18 UPI MONTREAL Andrei Chesnokov of the Soviet Union, the tournament's 12th seed, rallied to win 12 straight games in a 3-6, 6-4, 6-3 victory over unseeded Petr Korda of Czechoslovakia in the final of the US$l.2 million (552.04 million) Canadian Open on Sunday. Korda dominated theUPI - 249 words
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Article, Illustration664 1991-07-30 18 Canadian Open AP NOTTINGHAM. England The name on the Federation Cup winner's trophy will be Spain, but it could just as easily be Arantxa Sanchez Vicario after her heroic performance in Sunday's final against the United States. Sanchez Vicario won in singles and thenAP - 664 words
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Article, Illustration338 1991-07-30 18 Tour de France AP PARIS American Greg LcMond says he will be back in 1992 to battle Spaniard Miguel Indurain in an effort to regain the Tour de France title. "I still am going to come to the Tour dc France next year as theAP - 338 words
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327 1991-07-30 18 AP BIRMINGHAM, Michigan Chi Chi and Jack were set for an 18-hole playoff yesterday for the US Senior Open Golf Championship. Only first names are needed. Chi Chi Rodriguez, the little swashbuckler with the make-believe sword-fighting act, slipped past a struggling Lee TrevinoAP - 327 words
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Article182 1991-07-30 18 AP CROMWELL, Connecticut A year ago Billy Ray Brown doubted his putting ability at the US Open and it cost him a chance at the title. On Sunday he put aside those doubts and sank a 25foot putt from the fringe on the firstAP - 182 words
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Page 18 Advertisements
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Advertisement256 1991-07-30 18 (Incorporated in the Republic ot Singapore) H Directors are pleased to advise the following unaudited results of the Company |H and of the Group for the six months ended 30 June 1991: H COMPANY GROUP I 1991 1990 1991 1990 H fl $'000 $'000 $'000 $000 I Operating Income 23,932256 words
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Advertisement340 1991-07-30 18 im I Steamers Maritime Holdings Limited I (Incorporated in the Republic of Singapore) I The Directors adv'se the following unaudited results of the Group and the I Company for the six months enced 30 June 1991: I COMPANY GROUP I 1991 1990 1991 1990 $'000 $'000 $'000 $'000 Sales 23,818340 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4784 1991-07-30 19 Genevieve Cua - By Genevieve Cua NEWLY listed CSA Holdings (CSA) hogged the limelight yesterday as the rest of the market languished in a day of otherwise dull trading. Brokers expressed surprise at the enthusiastic response to CSA, the first software development house to make its4,784 words
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Article4198 1991-07-30 20 Main Board Asia Pacific 1050 +10 +10% FAN 870 +10 +12% Ssangyong 50* 274 +9 +-3 4% Robinson 488 +6 +-1.2% OCBC 860 5 0.6% Shangri-l-a 590 +5 +0.9% Spore Land 590 +-5 +0.9% Prima 560 +5 +-0.9% NOl. 174 +5 +3.0% Inno-Pacific 102 +-4'/i4,198 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4255 1991-07-30 21 MBT DESPITE a higher opening, share prices closed lower yesterday on widespread profittaking. The pace was sluggish as most market participants kept to the sidelines to wait out the featureless trading on the local front. They also remained noncommittal following a dearth of freshMBT - 4,255 words
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Page 21 Advertisements
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Advertisement232 1991-07-30 21 This announcement appears as a matter of record only. THAI OIL COMPANY LIMITED U*****,000,000 Revolving Credit and Loan Facility Tranche A Tranche B US$lOO,OOO,OOO Facility US$lOO,OOO,OOO Facility Arrangers Arrangers DKB Asia Limited ANZ Singapore Limited Mitsubishi Finance (Hong Kong) Limited Dresdner (South East Asia) Limited Mitsubishi Trust Finance (Asia) Limited232 words
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BT SHARE INFORMATION SERVICE
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Article280 1991-07-30 22 AUDITED RESULTS C Dip any Date Year Group Net Net earnings Grots ann to profit/loss (L) per share dividend COM) (cents) Golden Hope Jul 18 Mar 91 M$39,619(159,793 4 7(71) 6(9) Asia Pac Land Jul 16 Jan 91 Mf 12.300($6.501L) 2.3(—) 2(-) Transnurco Jul 16 Mar 91 $8,545280 words
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Article249 1991-07-30 22 Company Oat* Year Groap pre-tax Mat earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Rashid Hussain Jul 24 May 91 M$68.223(S30.105 24 9(19 4a) 5(4 5a) Kanwnttng Corpn Jul 19 Mar 91 MS21.011 ($15,410) 1.1(1 0) 1.5(1) Pelangi Bhd hit 19 Mar 91 M$22,583($14,247) 6249 words
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Article241 1991-07-30 22 Company Date Hatf-year Group pre-tax laterim ana to profit/loss (L) dividend (*000) MUt Jul 25 Jun 91 M$42,944($30,066) 3(2.5) Mil Mfg Jul 25 Jun 91 MS13.581 ($6,842) 136(9 6) Focal Finance Jul 24 Jun 91 $2,988(12.439) Hiap Moh Jul 24 Jun 91 $1,186(11,563) Botton Jul 22 Jun 91241 words
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Article652 1991-07-30 22 Current Ex Books Date Total for Total for payment date dose payable the year last year AMFP NYA(e) Jun 19 Jul 4 Aug 15 NYA 2 8( AJei rtdr 50c 6%(b) Sep 4 Sep 16 Sep 30 6% 61 Anted 25c 10% Jul 5 Jul 17 Jul 31652 words
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Article318 1991-07-30 22 Company Rights issue Alcorn One-for two g, M$1 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR for every 4 CRPS Ei-date Jun 7 Books318 words
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Article792 1991-07-30 22 BONDS, LOANS WARRANTS Company Conversion period Conversion tenw ler WW aidtaary stare M Nt Before 30/6/94 1 warrant phis HM100 cash 4 Nt Before 26/4/ 93 1 warrant plus S3 09 cash Causeway Lean Causeway Nt 2/10/89 to 20/10/94 1 warrant plus $0 77 cash or 1 warrant plus SO792 words
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Article878 1991-07-30 22 Jul 24 Cycle and Carriage Ltd (CCL) has confirmed that Orient Italy has acquired the entire shareholding of CCl's substantial shareholder, Yung Pui. Jul 23 Edaran Otomobi Nasional has agreed to buy a 15.06% stake in Cycle and Carriage Ltd (CCL), comprising 26.42 m CCL shares and 5.66878 words
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Article937 1991-07-30 22 Prices as at 29.07.911 Conversion tonus PTOMI mm/ (discount) Amount Optional** using issued r ■■1 ■1 Date Com piny (mil Wrt* Share Loan Conv Exer Lnstk Cash Gearing. I Mths ■nits) stock ratio price il "19 Left mm\ Bur will 1152 El 235 0 720 100937 words
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Article514 1991-07-30 22 Main Board Last Full Year Company Penod Date Year Net EPS Grow Net anmiKed endrj (cents) cf* profit last year (fOOO) i Ceretos Intenm Apr 27 Jul 91 126 20 0TE(a) 38 911 I Spore Land Interim Way 1 Dec 91 126 10 0 44 641(g) hxan{ Shp514 words
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Article490 1991-07-30 22 Company Rights Issue Asia Px Land One fry two M$0 65 per share Uunce Ted) Onefor one >100 pec share Bolton Issue of S90 978m non-nal amount of 3 5% Redeemable Unsecured Guaranteed Bonds 1991/96 with 45 489m detachable warrants on the basis of $2 nominal amount of490 words
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Article377 1991-07-30 22 Asia Pacific Land Bhd: 30th AGM at the Miami 111 Hall, Fernnghi Beach Hotel, 12.5 Km Batu Ferringhi Road, ***** Batu Ferringhi, Penang on Tuesday, July 30, at 11am. Hone Fok Corpn Ltd: EGM at 360 Orchard Road, #07-08 International Building. Singapore 0923 on Wednesday, July 31. at377 words
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Article180 1991-07-30 22 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1991 Nfh: 1333.08 3/6/91) JJgg g/*/M> 1991km: *****2 (16/1/91) JJMB <g{J/91 1990 *h: 1435.43 (16/7/90) »0 h*v 607 12 27 3 90 1990 km: 981.07 (09/11/90) g °79» *5/22 19«9 tach: 1322 00 28/12/89) *9 J* W«/g> 1989 tow: 917 42180 words
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Page 22 Advertisements
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Advertisement170 1991-07-30 22 NOTICE FRENCHOOLIANO PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE is hereby given that pursuant to Section 308 of the Companies Act Cap 50 the Final Meeting of Members of the Company will oe held on Friday 30th August 1991 at 11170 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2212 1991-07-30 23 Reuter TOKYO STOCKS closed lower in thin trade yesterday. Worries that the names of entities compensated by the Big Four may be released ended after a local financial daily published a leaked list. Brokers said investors hoped the worst was now over, butReuter - 2,212 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2030 1991-07-30 23 AP. AFP SHARE prices on the Hongkong stock exchange closed mixed in decreased trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, lost 14.7 points, or 0.37 per cent, to close at 4.016.59. Turnover amounted to HKSI.6 billion, downAP.; AFP - 2,030 words
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Page 23 Advertisements
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Advertisement29 1991-07-30 23 Prices for Tokyo are provided by Telerate Prices for Hongkong are provided by Telerate Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times29 words
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REGIONAL STOCK MARKETS
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Seoul bourse soars to year's highest level
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Article816 1991-07-30 24 SEOUL shares rallied to close at this year's highest level on hectic buying by individual investors optimistic about the market's future, brokers said. "Investors have recovered confidence in the market, mainly due to continuing inflow of funds into the market," Daishin Securities broker K. J. Lee said. A record816 words
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Article817 1991-07-30 24 AUSTRALIAN stocks yesterday closed higher in lacklustre trade, but with firm support from local investors. "The market was struggling for leads but a firm tone is continuing to underpin leading stocks," Prudential-Bache Securities broker Geoff Wilson said. After trading over a six-point range, the All Ordinaries index rose 4.4817 words
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Article687 1991-07-30 24 ACTIVE trading helped push up stocks on the Jakarta stock exchange yesterday, apparently still underpinned by expectations this week of a cut in deposit rates. But some dealers sounded a note of caution, saying that the high lending rates which have hurt local businesses were unlikely to come down687 words
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Article508 1991-07-30 24 MANILA share prices closed firmer yesterday but off the day's high as initial buying fizzled on worries that the new US military bases treaty might be rejected by the senate, brokers said. The Manila Stock Exchange Composite Index inched up 3.34 points to end at 999.92 after profit-taking pared508 words
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Article224 1991-07-30 24 SHARE prices rose sharply in New Zealand yesterday on pre-Budget optimism breaking seven straight days of falls. Brokers said statements from various government figures over the weekend about today's Budget, including a confident sounding Finance Minister Ruth Richardson, rekindled flagging market faith in the document. The Barclays Index224 words
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Article518 1991-07-30 24 TAIWAN share prices closed higher in active trade yesterday as investors entered the market to buy, encouraged by the healthy domestic economy. The index closed at 5,185.59, or 45.29 points higher than Saturday's 5,140.30 close. Turnover rose to NT$42 billion, the highest in five weeks, from NT526.9 billion. Dealers518 words
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Article1079 1991-07-30 24 Close Previous July 29 AUSTRALIA All Ordinaries Index 1,567.5 1,563.1 +4.4 All Industrials Index 2,387.2 2,378.0 +9.2 All Resources Index 936.8 935.9 +0.9 Turnover (million) 90.4 172.1 -81.7 BANGKOK SET Index NA 742.41 Turnover (million baht) NA 5.150 JAKARTA Composite Index 337.430 332.479 +4.95 MANILA Composite Index 999 92 996.581,079 words
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Page 24 Advertisements
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Advertisement35 1991-07-30 24 The Bangkok stock market was closed and the Bombay repbrt was not available AU prices are provided by Tele rate Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.35 words
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CURRENCY
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280 1991-07-30 25 Reuter LOS ANGELES A rise in the dollar to 140 yen would suggest that the yen was too weak based on economic fundamentals, Akira Nambara, executive director and general manager of the Bank of Japan, said. He would not say specificallyReuter - 280 words
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682 1991-07-30 25 EMS realignments are a thing of the past Reuter PARIS High-yielding currencies are still riding high in the European Monetary System (EMS) but their days in the spotlight could be numbered, according to several economists. Some analysts, taking a fresh look at economic fundamentals,Reuter - 682 words
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Article401 1991-07-30 25 Cross rates July 29 I US$ SS MS Dm Yen SFr AS NZS USS 1.7505 2.7880 1.7540 138.20 0.5977 1.5300 1.2903 1.7467 SS 0.5713 1.5927 1 0020 0.7895 0.3415 0.8740 0.7371 0.9978 MS 0.3587 62.79 0.6291 0.4957 0.2144 0.5488 0.4628 0.6265 Dm 0.5701 0.9980 1.5895 78.79 0.3408401 words
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Article531 1991-07-30 25 Interbank rates S$ Bid Offer Overnight 4 5/8 4 3/4 1-month 5 5/8 5 3/4 2-month 5 5/8 5 3/4 3-month 5 11/16 5 13/16 Overnight mode: 5-1/16 L'SS Bid Offer 7 days 5 13/16 5 15/16 1 month 5 7/8 6 2 months 5 7/8 6 3531 words
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Article749 1991-07-30 25 REPORTS ASIA TOKYO: The US dollar closed higher yesterday against the yen and the mark after a list was disclosed of investment clients that received improper compensation for losses from four major Japanese brokerages. The yen was expected to stay under pressure overseas yesterday due749 words
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Article1246 1991-07-30 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Sep 91 93.83 93.86 93.82 93.85 2700 ***** 4809 Dec 91 93.34 93.37 93.33 93.36 7618 ***** 7138 Mar 92 93.28 93.35 93.28 93.33 2300 ***** 3136 Jun 92 92 88 92.93 92.87A 92.91 850 2257 762 Sep1,246 words
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Page 25 Advertisements
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Advertisement10 1991-07-30 25 ATTRACT POTENTIAL CANDIDATES with an ad In the APPOINTMENTS' COLUMNS10 words
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COMMODITIES
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390 1991-07-30 26 Reuter NEW YORK US platinum prices slipped to a discount to gold for the third time this year, but analysts said the typically rare phenomena will again be fleeting, at least in the near term. Platinum traded at a cheaper priceReuter - 390 words
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305 1991-07-30 26 Reuter RIO DE JANEIRO Gloom hung over Brazilian coffee producers and exporters as world prices fell further and traders saw few reasons for optimism. "Things are going to get worse before they get better," one trader in the coffee port of Santos said. "IReuter - 305 words
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855 1991-07-30 26 REPORTS THE PRICE of tin settled five sen lower at MS 15.49 per kg on the Kuala Lumpur Tin Market yesterday in line with the US$45 per tonne drop on the London Metal Exchange last Friday. Dealers said there was a855 words
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Article1478 1991-07-30 26 Rubber jm> MS (t»> f HlM) S cents/kg Noon Close fnt I RSS Prompt 14I.25/142.25N 141 25/142.25N Int I RSS Aug 41 142.25/142.75 142.25/142.75 Int I KSS Sep 144.25/144 75 144 25/144 75 Int 2 RSS OP 141.50/143.SON 141 50/143 50N Int 3 RSS OP 139.50/141.50N 139 50/141 50N1,478 words
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Page 26 Advertisements
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Advertisement1100 1991-07-30 26 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE The undermentioned share certificate had been reported lost, mislaid or destroyed Certificate No No. of Shares In the name of D *****23 1 x 1,000 LIM KIM CHWEE Notice is hereby given1,100 words
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Advertisement7 1991-07-30 26 Chartpoint in BT every Saturday I I7 words
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Article1114 1991-07-30 27 City Flight ETA Flight ETD Abu Dhabi GA893 1025 GA892 0110 Adelaide SQ228 2000 QF82 2200 Amman RJ183 0030 Amsterdam GA893 T025 SQ24 0100 KL837 1255 GA892 0110 SQ23 1815 KL838 2240 GA974 2400 Athens Auckland ~NZ35 1 550" SQ388 2015 NZ36 2330 Baiikpapan GA525/ 9101,114 words
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THE TRAVEL PAGE
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Article, Illustration636 1991-07-30 27 Michael Richardson - LETTER FROM TAUPO By Michael Richardson THE Waikato River has a special place in angling folklore. Emerging in a torrent of clear, cold water from Lake Taupo located almost exactly in the middle of the North Island of New Zealand the river surges with tremendous636 words
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Article153 1991-07-30 27 As at 3pm yesterday: l>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.353 1.371 Canadian dollar 1.507 1.537 NZ dollar 0.9876 1.0076 Sterling pound 2.92 2.98 US dollar 1.7467 1.7507 Ixical dollars to 100 units of foreign currency Austrian schilling 14.04 14.32153 words
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Article89 1991-07-30 27 Duration Title Venue Organiser Tel Aug 6-9 IV Jewellery Buenos Aires. Rossi Heinlein *****1-9413 International Argentina Asociados SA Exhibition Aug 18-20 International Germany Mode Woche- *****1990 Fashion Fair Munchen GmbH Aug 20-31 Izmir Turkey Izmir Fair *****150 International Organisation Fair Duration Title Venue Organiser Tel Aug 2189 words
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Page 27 Advertisements
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Advertisement42 1991-07-30 27 Kokkola? If s the real thing when you book Finnair. With a superb twice-weekly service from Singapore direct to Helsinki and then on to everywhere in Europe from Kokkola to Co-Copenhagen. Call *****77 for details. We know Kurope from start to Finnish42 words
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Advertisement40 1991-07-30 27 Remember him? lead singer of rock group Queen and weaker by the day. And he hasn't been seen in public 'M& I for more than a year. vl But we have Freddy out shopping recently, on his state of health.40 words
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Page 27 Miscellaneous
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Miscellaneous220 1991-07-30 27 I Replace points in a car en4 Animated by pride it's 9 Nothing clear may come 111 from this prophet (6) 10 Important person seen at 12 A order to 23 Neglect to a man back Hf jHf 24 Get involved with an in- 23 24 j I termediary (5)220 words
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Miscellaneous196 1991-07-30 27 Singapore Outlook: Fair. Report: Maximum temperature 33.2* C Assoc humidity 64% Minimum temperature 27.3* C Assoc humidity 77% Hours of sunshine 9.70 Rainfall in mm Nil Rainfall this month 37.3 Rainy days this month 8 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/06 Windy Bangkok 32/24 Showers Beijing 29/21 T-storm Brunei196 words
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Miscellaneous33 1991-07-30 27 f-me CHRP IN fVC. CORMEfc Mis NANCL VTMC NST DOOR OKI THE. R 'GHl\ IISJ&giSTpVA>, DGMTOENTH IN U»E RgOCFßuttg.^ ye TVC. y =r:= ==ti/ r 8478 A c EVEMNO STANOAMO CO. LTD.. IW-INI33 words
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394 1991-07-30 28 Sangeeta Mulchand - By Sangeeta Mulchand ASEAN national carriers are giving discounts of up to 60 per cent on their published rates to promote travel within the region during Visit Asean Year (VAY) 1992. This means that those flying into any Asean country will pay394 words
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276 1991-07-30 28 BANGKOK Direct industrial investment in Thailand plunged during the first half of this year on the impact of the Gulf War, infrastructure shortages and political uncertainty after the military coup in February. The Board of Investment (Bol) said 331 Thai and foreign projects276 words
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411 1991-07-30 28 Catherine Ong - From Catherine Ong in HONGKONG STOCK EXCHANGE of Hongkong officials yesterday said a compromise package of reforms to be voted by members next month will put the interests of the investing public ahead of those of stockbrokers. This will represent a "fundamental411 words
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Article, Illustration662 1991-07-30 28 KENNETH JAMES; KENNETH JAMES - The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Economics Correspondent THE occasionally irreverent Pocket Economist dictionary defines a central bank as "repairman-cum-policeman for the monetary system". In the Republic, the Monetary Authority of Singapore (MAS) plays these twin roles; and by all662 words
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Article, Illustration473 1991-07-30 28 AFP LONDON Urgent efforts were underway yesterday to set up an emergency aid package for BCCI depositors ahead of today's deadline for a High Court ruling on winding up the disgraced bank. The Bank of England, which last week applied to put the BankAFP; Reuter photo - 473 words
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Article388 1991-07-30 28 Company expected to start operations in October JAKARTA PT Bursa Efek Jakarta, a private company which will take over the management of the Jakarta Stock Exchange from the Capital Market Supervisory Agency (Bapepam) will be established soon, reported the Jakarta Post. The paper said388 words
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Page 28 Advertisements
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Advertisement187 1991-07-30 28 JIL Baume Mercier GENEVE 1830 Wa real estate showcase I FOR HOME BUYERS INVESTORS!!! MALAYSIA REAL ESTATE '91 The first ever Real Estate Exhibition to held in Malaysia. Malaysia Real Estate '91 features a wide spectrum of commercial, residential and industrial properties in is specially put together for you. It's187 words
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Shipping Times
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441 1991-07-30 29 Selva Kumar - By Selva Kumar SINGAPORE AIRLINES has decided not to convert its older passenger aircraft into freighters in order to meet its target of six freighters by the end of the decade. Instead the airline may convert some of its options for the Boeing441 words
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341 1991-07-30 29 Reuter BONN The German postal system's post service Deutsche Bundespost Postdienst will join five foreign partners to form a worldwide air express and courier service to be called GD Net BV, based in Amsterdam. The five postal agencies in Germany, France, theReuter - 341 words
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97 1991-07-30 29 Reuter TOKYO Toyota Motor Corp broke ground yesterday to begin improvements on a disused domestic airport at Shikabecho, 30 km north of Hakodate on Japan's main northern island of Hokkaido, a spokeswoman for Japan's top carmaker said. Toyota will invest 2.10 billion yen (5526.46Reuter - 97 words
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403 1991-07-30 29 Reuter NEW YORK A US judge gave regional telephone companies the green light to sell information services over their telephone lines, but industry analysts say they will be costly to launch and risky to run. Last Thursday FederalReuter - 403 words
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Article894 1991-07-30 29 Page Col ABC'Containerline 12 1 Accord Group 8 1-3 Aeropak Express 9 5 API. 5 3-5 APT Line 13 5 ASCL 5 I ANL 3 1/2 Bait Canada l ine 7 4/5 Bait Orient Line 7 4/5 1 Batamindo 14 4 Bangladesh Shpg 8 5 The Bank894 words
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Article, Illustration406 1991-07-30 29 Dexter Lee - By Dexter Lee FREIGHT RATES must rise further to reflect more accurately the improved quality of service shipping lines provide these days, said HapagLloyd executive board member Gunther Casjens. In a candid interview with BT last Friday, Mr Casjens described current freight rates as406 words
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Article220 1991-07-30 29 Reuter CHICAGO Trans World Airlines Inc owner Carl Icahn said last Sunday he will examine Delta Airlines Inc's second offer for Pan Am Corp's assets, which he said may be worse that the first. ~On the surface, it sounds like it is worse thanReuter - 220 words
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NEWS SUMMARY
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Article31 1991-07-30 29 INFORMATION technology has become as much a part of today's ships as the propeller or rudder. Nigel Kitchen profiles Hapag Lloyd's newest containership. Berlin Express Page 231 words
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29 1991-07-30 29 DELTA Air Lines raised its offer last Sunday for Pan American World Airways' shuttle and European routes to US$3lO million. BackPage29 words
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27 1991-07-30 29 TOYOTA Motor Coip last Friday said it will build a new auto assembly plant in Melbourne, Australia. Back Page27 words
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37 1991-07-30 29 THE main railway link between western Europe and the Middle East, which passes through Croatia's capital. Zagreb, has been nearly shut down by the recent upsurge in ethnic fighting Back Page37 words
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40 1991-07-30 29 CLEANUP crews scrambled to a contaminated beach in a US national park last Sunday as oil from a sunken Japanese ship continued to slosh ashore, threatening thousands of sea birds and mammals Back Page40 words
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LOG BOOK
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74 1991-07-30 30 BUDAPEST Hungary's first privately run airport opened at a former Soviet military base on scenic Lake Balaton late last Saturday as 15,000 visitors attended. Balaton Airport is owned by Mikromatika Holding and will handle charter and freight flights. The group has plans to convert74 words
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Article37 1991-07-30 30 SEOUL South Korea battened down the hatches yesterday in anticipation of Typhoon Caitlin, expected to hit the peninsula head on later in the day with heavy rains and 120-km per hour winds.37 words
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Article100 1991-07-30 30 ZURICH Swiss national airline Swissair-Schweizerische Luftverkehr AG said it had carried 11 per cent fewer passengers in May than in the same month last year. A Swissair spokesman last Friday blamed economic recession for the drop in passenger numbers but added that the decline at Swissair100 words
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154 1991-07-30 30 BANGKOK Thailand's national flag carrier Thai Airways International (THAI) has decided to defer a share divestiture scheduled for October, local newspapers reported last Friday. A worldwide slowdown in tourism was blamed for the delay, part of the airline's privatisation plan. THAI, a state-run airline154 words
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Article57 1991-07-30 30 PORT VILA, Vanuatu Rescuers were making their way through jungle yesterday towards the wreckage of an aircraft which went missing with nine people aboard four days ago in Vanuatu in the South Pacific, aviation officials said. "We cannot say at this stage if there are any57 words
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63 1991-07-30 30 TOKYO Japan Storage Battery Co will increase production of batteries for use in cars and motorcycles by 20 per cent to 9,400,000 a year at its South-east Asian bases, company officials said yesterday. A total of 1.3 billion yen will be invested to boost63 words
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Article978 1991-07-30 30 THE NUMBER of dry cargo fixtures on Friday increased, but rates were largely static and lacked direction, brokers said. The Baltic Freight Index dropped two points to 1,496, but the US Gulf/Japan edged higher to U5524.13 from U5523.96 on Thursday. Grain fixtures showed little movement on the key978 words
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Article, Illustration1312 1991-07-30 30 Nigel Kitchen - Information technology has become as much a part of today's ships as the propeller or rudder. Nigel Kitchen profiles Hapag Lloyd's newest containership, Berlin Express Nigel Kitchen Ocean Voice Traditional ships' bridges are a thing of the past for German shipowner Hap-ag-Lloyd. As with all theOcean Voice - 1,312 words
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Article11321 1991-07-30 38 This is a list of ships loading Aug at Singapore for ports around the world. It tabulates, by destination, the name of the Ever ship, the shipping line in- ELt volved and the estimated dates of arrival and departure from the Port of Singapore. Evei Advanced dates11,321 words
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Article3360 1991-07-30 43 A Xm.BC C ontainerline NV: Belsin Shpg Agencies IV Ltd (SV Marine Handling Sdn Bhd (PK'PN) Accord (.roup: Accord Shpg Pte Ltd (SVAccord Contr 1 ine (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte I td (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Mhatrns Sea-Air Service:3,360 words
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Article257 1991-07-30 43 Abacus Couriers Tel: 545-8011. Fax: *****98. Air Express Travel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50. (luster Link Supplies Services Tel.257 words
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Article1563 1991-07-30 43 .Abe* Fxpress Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20 Aerolink Freight International Tel: 545-8033 Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18 Air Cargo Novo Fxpress Tel: 542-5454. Fax: *****06 Air Fxpress International Tel: 542-7666 Fax: *****74. *****50 Air1,563 words
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Article416 1991-07-30 44 Reuter 15 vessels in port. Aqaba 12 discharging and 10 vessels idle at anchorage, of which eight have no cargo on board and two have cargo for Jordan. 17 vessels in port. Aratu Solid bulk terminal two vessels berthed and two waiting, delay one day. Liquid bulk terminalReuter - 416 words
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Article465 1991-07-30 44 DEPARTURES Op Flight l>p* ETD T lo TODAY SIA SQ802 B747F 0230 2 SYD/AKL FDX FM22 IX" I OF 0335 1 TPE/NRT/ANC NCA KZ204 B747F 0335 1 BKK/NRT KAL KE697 B747F 0440 1 BKK NWA NW906 B747F 0705 I BKK/NRT/ ANC7LA XJ SFO JAL JL648 B747F 0940465 words
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Article521 1991-07-30 44 SHIP SALES TANKER RATES Reuter, AFP VESSELS ON OFFER Bulk carriers kepui Meru: 27,231 dwt and built 1973, of offer at US$4.5 million. Blue Taurus: 28,326 dwt and built 1982. Dairin: 41.793 dwt and built 1973. on offer at USSS.S million. VESSELS SOLD FOR FURTHER TRADING Bulk carriers The GarciaReuter,; AFP - 521 words
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Article344 1991-07-30 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA LTD Ports of Calls Port Agent JULY 30 30 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 31 31 Cora Princess 1000 1800 Sin-Jakarta-Sin Sembawang Johnson AUG 03 03 Orient Sun 1000 1800 Sin-Jakarta-Sin Sembawang Johnson 04 04 Cora Princess344 words
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SHIPS IN PORT
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Article670 1991-07-30 45 Vend Voy No Berth Arrival Departure Marina Terminal 1 Batam Mdiu *****A MG4 3007/2300 Batam Sayang 0/1891 M05 alongside 29 07/2300 Batamindo 1 74S M01 alongside 29 07/1700 Jaya Bersama J310 MI03 alongside 30 07/2300 Kabaniahe 27/91 M02 alongside 29 07/2300 Lang Mas 171 M04 alongside 29670 words
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Article232 1991-07-30 45 Johore Port Berth: 1: Kris Merubi; 2: Fortune Beta; 3; Yang Cheng: 4 ShunEl Maru; 5: Barge Munar No 2; 6: Dolores. OI jetty: Astramar No 11. Subur. DCJ: Petro Lintas Due on July 29: Bum Ik, New Line No 1, Kris Madura. Kris Lemona, Sea Lady.232 words
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Article1007 1991-07-30 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinj/Balance Rslts S Ship Voy No Etb/Btr Period From To From j ACX Lotus 15A 31/0100 2 29/1700 30/0659 30/0900 5 3 30/0700 30/1159 30/1400 AO Goncharov 41MF91 31/1700 2 29/1700 30/0659 30/0900 4 30/1200 30/1*59 30/1700 Al Mtrqab1,007 words
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360 1991-07-30 46 NYT NEW YORK Delta Air Lines raised its offer last Sunday for Pan American World Airways' shuttle and European routes to US$3lO million (***** million), an increase of USssso million. The new bid was not a surprise. Recently, Trans World Airlines andNYT - 360 words
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255 1991-07-30 46 NYT TOKYO Toyota Motor Corp, Japan's largest automaker, announced last Friday it will build a new auto assembly plant in xMelbourne, Australia, that will eventually take over production from two existing Toyota plants in the country. Construction is expected to begin earlyNYT - 255 words
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Article, Illustration475 1991-07-30 46 AFP ZAGREB. Yugoslavia The main railway link between western Europe and the Middle East, which passes through Croatia's capital, Zagreb, has been nearly shut down by the recent upsurge in ethnic fighting. Last year. 36 million tons of freight and 40 million passengers passedAFP - 475 words
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508 1991-07-30 46 AP NEAH BAY, Washington Cleanup crews scrambled to a contaminated beach in a national park last Sunday as oil from a sunken Japanese ship continued to slosh ashore, threatening thousands of sea birds and mammals. Globs of oil mixed with kelp began washing ashoreAP - 508 words
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Page 29 Advertisements
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Advertisement28 1991-07-30 29 Lines and services represented by bers of the Registry of Accredited Shipping Agents, Singapore National Shipping Asso-\tmSimiJ ciation. 'SWw For advertising enquiries, contact Shipping limes: Tel 7 4li-ytXV/74(t-2<m28 words
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Advertisement221 1991-07-30 29 SYttE HMG METAL CO PTE LIB U TUA3 AV£ M, SmGAPORC TELE* RS SMMCW. TEL: Ml 5953 (SinM) Tilt fa* mi 2Mt I |||w r <*<*>» iMitron. H«UISU Convartu iiiaiuimo, noowfcMA OMILPG rmurfWM «fOiaj.iu Conuww MendNre end SMI* OIMPWVW iIH Tn«*A c«ww«n| P*M Truck* aim buy. rantri BRITISH OESIGH WHOVATIOH221 words
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Advertisement51 1991-07-30 29 Air Forwarders 15 A* FragM Schedule 16 Container Schedule 17 Courier Services 15 Cruise I Ferry Schediies 16 Dariy 2 Indej to Advertisers 1 Port Conditions 16 Shipping Agents 15 Shipping Guile 10.11 St«psales,Tanker Rates 16 St*ps m Port 17 Singapore Tides 17 Transport Diary 3 Weather and Sea Condrtons51 words
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Page 30 Advertisements
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Advertisement121 1991-07-30 30 BUSINESS TIMES f i ft rno n h 7 fax 7 m 4 SIMPSON SPENCE YOUNG j Is; are looking for experienced tanker P brokers for their Singapore Office. Good salary and incentives for the right people. Please call Chris Jones Tel: 227-0988 (O) 473 6944 (II) Absolute confidence is121 words
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Page 31 Advertisements
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Advertisement2486 1991-07-30 31 i i H OOCL (S) PTE LTD -JARDINE SHIPPING AGENCIES TEL *****11 FAX 224Q?09 XIIIZZ BOOKINGS TEL *****34 *****58 ■TtTmHB ILHMINAI/CFS TEL *****18- 220 T CQQCQ J J pesaka jaroine shipping agencies SON. BHD A PORT KL LANG TEL *****18 FAX *****91 *****88 KVM Pf NANG TEL: *****4 FAX *****12,486 words
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Advertisement2212 1991-07-30 31 TRANSPORT DIARY Aug 8 (12.15pm): l uncheon Talk by Mr Frederick Tsao. Managing Director of International Maritime Carriers Group of Companies. Organised by The Institute of Chartered Shipbrokers (Singapore Branch) at World Trade Centre Club. For further information, tel: 227-7990, 225-7388 or fax: 225-7638. Auk 13-14: Seminar on Shipping and2,212 words
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Advertisement1621 1991-07-30 31 TWITSAIUNGS PER WEEK TO INTRA ASIA SINGAPORE/YOKOHAMA 9 DAYS SINGAPORE/NAGOYA 10 DAYS Vessel Voy ETA I ETD 'Port •Psnang DESTINATIONS Singapore Keiang Thn ant MaimtK Maersk 9 toe Feeder by 3i/7 0000 HAS PMHO WKM CFS 30/7 2359 MRS OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON1,621 words
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Page 32 Advertisements
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Advertisement975 1991-07-30 32 m r IROTTEDAM/1 "1; VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP tE HAVRE fifSfß| W~ 24/8 20/8 19/8 LEVERKUSEN EXPRESS 02/331 11/8 28/8 30/8 2/9 3/9 1- AU LONDON EXPRESS 03/132 16/8 7 9 9/9 10/9 T 0 VW HAMBURG EXPRESS 04/133 S3 U» J™ 9/9 Jgtfg CttWKTK* HANNOVER EXPRESS975 words
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Advertisement696 1991-07-30 32 SEASPAC SERVICE DWECT SOUTH PACIFIC SERVICE > SIN NOU SUV PPT L. J. BONTANQ 2404E8 In Pt 14/8 <7/6 22/8 ALSO ACCEPTMG CARGO MA SUVA TO: LAUTONA. PAGO PAGO. APIA t NUKUALOFA f DUECT CHILE/ SOUTH AMERICA* SERVICE SIN IQQ ANF VAP CLX STO I (PERU) J L. J. BONTANQ696 words
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Advertisement1527 1991-07-30 32 Blsnuuna &mmb REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY S« ALG BCL HAM BRE ROT ANT Fa LHA (VIA (VIA (VIA ALG) HAM) ROT) ARABIAN SEA 120W 30/07 22/0S 23/0« 26/0S 27/08 21/01 2S/0I 30/01 31/01 NORASIA SON 9121-3 03/08 25/08 27/ OS 29/0« 30/08 31/08 01/09 02/091,527 words
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Page 33 Advertisements
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Advertisement2092 1991-07-30 33 fijgSteamers Maritime Holdings Ltd PA-O HTM STRAITS SHIPPING Containers M Vey N. *P«* fPulSp*. A* M W m »rrr»T« r>. SMS IfOM MAOTCK 9110 27/07 29/07 31/07 15/00 10/00 10/00 21/00 *£«ris w* WNPORT OAT 0544 27/07 20/0 7 03/0« 20/00 22/00 24/00 CARGO lEBE MAERM 0110 03/00 05/00 07/002,092 words
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Advertisement2254 1991-07-30 33 TO: U.S.A. PANAMA FM: U.S. A ./PANAMA wuil w>» v oi* cm fw w wo» wyc wjh/dot w w m iai —om— JL_ cmotans succf» (mo j/o H7i joTi o/o 1375 ii/o i»7» w/o a*™ "aim u/o n,t n, n **?or am 10/0 »/o 11/. chotamg >aont« mm 10/0 n/o2,254 words
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Advertisement365 1991-07-30 33 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR TOKYO COSMIC PIONEER Vl5 ETA SPORE 4/8/91 ETA PK 6/8/91 ETA TOKYO 19/8/91 LOADING FOR YOKOHAMA/OSAKA COSMIC MASTER VI ETA SPORE 7/8/91 ETA PK 9/8/91 ETA YOKOHAMA 20/8/91 ETA OSAKA 22/8/91 NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime365 words
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Page 34 Advertisements
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Advertisement570 1991-07-30 34 r»ge vttifii CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VOY SPORE RDAM »O*M H'BURG BREMEN ANTWERP SRIWUATA 32K8 5/1 7/9 13/9 17/9 20/9 KlfUl 23*8 1/9 4/10 13/10 15/10 20/10 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Su6|*ct to tnduccmanl *i»o accepting cargo to Caaablanca. Port Said, Port Alexandria.570 words
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Advertisement1019 1991-07-30 34 m. W Xy HANJIN SHIPPING IS'porelLEH RTM ANR HAM BRV FEL FEEDER VSI I HANJIN FELIXSTOWE 008# 5/8 22/8 23/8 24/8 24/8 26/8 27/8j HANJIN ROTTERDAM 015 C 2/1 OWECT ZZ/8 H HANJIN SEATTLE 019W 11/8 29/8 30/8 31/8 31/8 2/9 3/91 HANJIN KAOHSIUNG 005E 5/» WRECT 26/8 Z9/8 H1,019 words
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Advertisement68 1991-07-30 34 Conventional/ LCL/FCL Service To una mian w*th south Mtwc* ncnc uo «on* oaw VESSELS AVAILABLE FOR SAL£/6HAATfeR/TRANSHIPMENT SONG TMAO -H6 CMI i«NMmrric3«S n/t/t -A vtSSCL" M ADHAS/C ALCUTTA/CHHTAGONG/RANGOON "AARON F BKK/SATTAHR/VUNGTAU/PWNOM PENH A VESSEL COLOMBO/OUBAJ/DAMMAN/KUWAIT 7/»/» -A VSL" JEDOAH/MOOEBAM/AOABA V«/» ■G SERAVA- SIN BATAM WEEKLY SERVICES TMC SHIPPING/A AARON ORIENT68 words
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Advertisement1202 1991-07-30 34 Pm SO> WG KSG KLG PUS «T 0» NGt SM7 TYO LAI C* BAL NYC LHV ANW RDM D* TO M Nl SfiP I ■ft 070 31/7 1/1 »/8 7/1 J/8 12/1 14/8 It, 8 17/1 IC/I IJ/8 JO I 11/9 13/1 15/9 M/J 25/9 2t/9 27/9 29/9 9/1019/10 23/101,202 words
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Page 35 Advertisements
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Advertisement1830 1991-07-30 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: NEPTUNELINKTEL *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 Mf AUST/INDIA/PAK SERVICE: *****18 CFS K27 EXPORT *****53/*****04 MM FAR EAST SERVICE *****48 CFS K27 IMPORT *****69/*****50 Mf Jv NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33.1,830 words
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Advertisement1077 1991-07-30 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD > BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUPO -PBCHAKQNG WESTBOUC-KMOWG HWCHTO) VIA WOIIUBJMI wans «or |ma1,077 words
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Page 36 Advertisements
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Advertisement1733 1991-07-30 36 K" W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) w TEL: *****77 TELEX KAWAKI R*****5 FAX *****79 l I BJ MALAYSIA -K-UNE MARITIME (MALAYSIA) SDN BHD I B. Mv M ri TfL P J *****00 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI RISEN KAISHA, LTD ONESIA P.T.1,733 words
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Advertisement1086 1991-07-30 36 r \3S PHILI-ORICNT UN€S PT€ LTD I 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU QTH N 1 ejS) JKTffMEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION V 6 AUG MONTREAL, OTTAWA.1,086 words
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Page 37 Advertisements
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Advertisement1476 1991-07-30 37 PACIFIC INTERNATIONAL LINES (PTE) LTD SffESSm tM m PIL Building, 140 Cecil Street #03-00, Singapore 0106. [Jakarta" 1 [bangkok" H VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN P EQUATOR MAS 13N 31/7 2/8 7/» KOTA PAHLAWAN 8128 1/8 4/8 8/8 BUNQA TERATAI 313 4/8 8/8 11/8 I1,476 words
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Advertisement1045 1991-07-30 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 1 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPOftE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN Nedlloyd Hoom 246 30/7 19/8 Bunga Suria* 258 31/7 17/8 18/81,045 words
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Advertisement420 1991-07-30 37 teflt MYANMA P«k FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KI| Pen P.Gdf IYOMAYWA VI36W In Pt *YA VUSW Ski In Pi AUNG CYI V422W 1/2 Au| ERGU WIOBW 3/8 A»( 31/3 Au( ¥A ¥110* 11/» Auf 19/23 Au| PA AN Vl66* 19/22 Au| tal THE420 words
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Advertisement701 1991-07-30 40 TO AUSTRALIA/NEW ZEALANO W [si |Fr«n jliMi S»d *«ci Nft P CHAIN I' MUTW lin 13/1 18/8 23/8 M/» 30/1 l/» ELLEN HUNG 77« 75/1 l/» >•/» >V» 17/» l»/> MUSSEL ?77 14/9 20/» 23/8 28/J 30/' •/># C. VBMUC 27« 21/9 28/8 3/10 */W 13/10 15/10 TO USA/CANADA Tjii701 words
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Advertisement843 1991-07-30 40 ip-:,o-S a 4 ,s 'l MAi ACC* STRAUS HtDCR SERVICE OOTBOUNO VOY PKL PNG IKT SIN HKG KAO KEE TYO SM2 NGO KO6 VtSSfL ¥OT |SIN |PKL PNG W.W SW I AC» LOTUS 158 *2 8 lT t l 10 8 12.8 16 *****7 8 18 8 ICEBMD IM_ 31843 words
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Advertisement182 1991-07-30 40 PELAVARAW? i KALIMANTAN i 1 DIRECT WEEKLY SERVICE TO i 1 JAKARTA/TG. PRIOK Vessel EIH/ETO DESTINATION NIAGA XXII Voy 17/91 29/30 Jul Jakarta/Palembanf I NIAGA 42 Voy 12/91 2/3 Aut Jakarta/Palembanf l 1 NIAGA XXI Voy 17/91 5/6 Auf Jakarta/Palembanf NIAGA XXII Voy 18/91 8/9 Auf Jakarta/Palembanf l NIAGA 42182 words
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Advertisement1627 1991-07-30 40 rWfei CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE MALAYSIA'S AttNTS: SINGAPORE'S GENERAL AGENTS CHUNG CHIAO SHIPPING SON BHD COSTAR SHIPPING PTE LTD LLSSS KL TEL: *****91 FA*: *****92. ***** jp.. *****00/*****33 INDONESIA MARITME P KIANG TEL J6M106/I TU MA ***** mCftM JUT TEI (021)*****7, *****4 PENANC TEL *****1 TU1,627 words
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Page 41 Advertisements
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Advertisement615 1991-07-30 41 BiißppißWßl GUARANTEED CONSOL TO:KEELUNG/KAOHSIUNG 8.8.91 HONG KONG 5.8.91 BUSAN 5.8.91 BANGKOK 4.8.91 EUROPE 4.8.91 TOKYO/KOBE/YOKOHAMA 4.8.91 USA 4.8.91 AUCKLAND 9.8.91 FREMANTLE 6.8.91 SYDNEY/MELBOURNE 9.8.91 FOR BOOKING PLEASE CALL AT OUR HOTLINE 534-0155 (8 LINES) FAX: *****92 PLEASE CONTACT CAINE TAN, KATHLYN TAV, SOPHIA BAY OR KAREN SIM FAST DIRECT REGULAR615 words
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Advertisement390 1991-07-30 41 IA TEL: *****33 (12 Lliwt) m FAX: *****15/*****03 Ifriji TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ANDINET 24W8 23/08 DARESSALAAM, MOMBASA DJIBOUTI ASSAB MASSAWA ABVOT 2«WB 10/09 DARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA K KIEN390 words
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Advertisement881 1991-07-30 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD ETA El* ETA SPORE PORT HUANG PENANG BLUE lAOE 15/8 Loading (or Male KUVAI HUDHU 5/8 Loading tor Calcutta DOiPHW Sailed loading For Male PIONEER SUPREME 5/1 Loading For Male DONAKUIH 10/8 Loaded For Fetiwaru PROGRESS IBERTY 10/8 8/8 Loading for Maldives881 words
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Advertisement772 1991-07-30 41 SYDNEY/MELBOURNE BANGKOK mm w sto* rfp mel w wm*m. &?****—l PIAKTA 1251 MO/I 22-24/8 26 28/8 KM Ml# 20N MPi 30/7 Fri 2/B_| PITA BHUM 1307 20 21/8 02 04/9 06 08/9 CHAffA BH1»* W? !H-5 1452 9/9 22/9 26/9 5* 21>1 *JL\ MA HA BHUM# 68ft Sun 4/8 "♦<!772 words
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Page 42 Advertisements
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Advertisement1178 1991-07-30 42 MAC-NELS S'PORE IMPORT: *****02 11 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 jAFRICA S|N PEN PK SIN Colombo 3/8 4/8 5/8 1/8 2/8 3/8 Ldn/Flx/Rdm/Ant Ourban/Pt Louis 2/8 3/8 4/8 6/8 7/8 8/81,178 words
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Advertisement375 1991-07-30 42 fjfgfc BLUE star line TO FROM HJ NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN m AKL LTT SIN MU.BERA 22S 9/» 21/« MAHSURI 0502 27/« J/9 \*J\ 27/9 PHOSPECT MS 20/9 NPI n/1 FULLY CONTAINERISED SAILINGS DISCHARGING AT NEW PLYMOUTH «t LYTTELTON, ACCEPTING FCL375 words
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Advertisement1219 1991-07-30 42 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 I CONTAINER ggRVtCES SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA VESSEL |VOT In* IICST VESSEL VOT SfSIE f.1,219 words
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Page 44 Advertisements
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Advertisement6 1991-07-30 44 Read Chartpoint in BT every Saturday6 words
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Advertisement137 1991-07-30 44 UP. ,-5, LIVING IT EACH WEEKEND, put up your cxccutivc feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-Hying towel, or take137 words
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Page 45 Advertisements
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Advertisement111 1991-07-30 45 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, /o J y\ profiles of leading managers in Singapore and y relevant book reviews. ENTERPRISE MANAGEMENT, in Business /Sih Times every Monday, is must reading for j 1 managers who want the111 words
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Page 45 Miscellaneous
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Miscellaneous321 1991-07-30 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 **********00 1500 1600 1700 1800 1900 2000 2100 2200 2300 IK 30 30 29 24 18 20 0 7 04 03 05 09 15 21 24 25 24 20321 words
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Page 46 Advertisements
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Advertisement804 1991-07-30 46 CHARTPOINT Every Saturday in Business Times [HYUNDAI A MERCHANT MARINE CO. LTD. EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST rew vw m pi~ it mm vor uh o« «a imw TCM/g m MK CHUN 121 21/07 21/07 01/00 H. HOIK* 42£ 20/00 21/00 01/01 TOWIR BKCQ 23 01 25804 words
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Advertisement120 1991-07-30 46 PASJR GUDANG/SJNGAPORE TWICE WEEKLY SAILINGS (TUE SAT) VESSEL VOY P.GUDANG S'PORE" JOSINDO SATU 020S 29/7 30/7 021S 02/8 03/8 022S 05/8 06/8 023S 09/8 10/8 024S 12/8 13/8 025S 16/8 17/8 RASIR GUDANG SINGAPORE (OT) *****0/*****1 (02) 534-0042 SBBBBS m 7 A V 7 1 DAMAR SEGARA AGUNG LINES VESSEL120 words
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Advertisement544 1991-07-30 46 CHARTPOINT Every Saturday in Business Times |Ft«*rHn I** Inn Hatha. Vmw |«n lIM |0« IxOU IMI |CH, |*TC flllß lIQA lUHM IT*/B ca MU Mil »i—l 1» 7 mstrni aon >432(1 H/l-7/1 11/ l 7TT 21/1 21/1 ZZ/S 8.1 22/1 24/1 SERVICE CALLS MM MM ISIN 25/7 «UU!O* MCTOtT 2)219544 words
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