The Business Times, 14 July 1992
1992-07-14
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The Business Times
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Title Section16 1992-07-14 1 Business Times MITA (P) 35/12/91 Tuesday, July 14, 1992 THE BUSINESS PAPER FOR S-E ASIA 75*16 words
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NEWS SUMMARY
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68 1992-07-14 1 JERUSALEM Yitzhak Rabin, taking over as Israeli prime minister yesterday, has offered to go to the capitals of his Arab enemies in search of a breakthrough in Middle East peace. Mr Rabin, replacing hardline prime minister Yitzhak Shamir, said in a speech just68 words
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64 1992-07-14 1 KUALA LUMPUR Malaysia will not recognise the automatic succession of the Federal Republic of Yugoslavia to the seat previously held by the Socialist Federal Republic of Yugoslavia in the Non-Aligned Movement. A Foreign Affairs Ministry statement yesterday said this was in line with the64 words
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Article28 1992-07-14 1 NEGOTIATIONS on Indonesia's new projects will need to be speeded up if the country is to avert an electricity crisis, say industry experts. Page 228 words
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Article33 1992-07-14 1 THE GRADUATION of Singapore from the European Community's Generalised System of Preferences scheme is likely to be gradual over the medium to long term, says an EC official Page 233 words
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Article29 1992-07-14 1 INSURERS are likely to pay at least S3 million in claims arising from the Sembawang Shipyard fire tragedy, say insurance managers and brokers Page 229 words
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Article33 1992-07-14 1 IN SPITE of the political violence in Thailand in May, most key private and public institutes are making surprisingly bullish forecasts for the short-term outlook for the economy Page 633 words
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Article36 1992-07-14 1 RUSSIAN President Boris Yeltsin has promised to slash government deficits and cut inflation nearly in half by the end of this year in return for a US$l billion (SSI.6 billion) loan Page 736 words
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Article34 1992-07-14 1 P&O Containers' £180 million investment in four new containerships two years ago has appreciated by 30 per cent even before the carrier has taken delivery of all the vessels. Shipping Times Page 134 words
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MARKETS SUMMARY
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Article26 1992-07-14 1 WALL STREET shares opened higher yesterday, with the Dow Jones Industrial Index gaining 6.46 points to 3,337.02 in the first five minutes of trading.26 words
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Article28 1992-07-14 1 LONDON share prices were lower at midday yesterday. With 142.5 million shares traded at 1100 GMT, the FTSE 100-Share Index was down 7.4 points at 2483.4.28 words
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Article36 1992-07-14 1 SOME confusion has arisen in the stock market over whether Overseas Union Bank has hit its 40 per cent foreign shareholding limit, and this may have proved costly for some investors. Page 336 words
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Article19 1992-07-14 1 CHINA has approved the Wharf group's plan to transform the heartland of the country Page 319 words
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Article23 1992-07-14 1 BANGKOK BANK president Chatri Sophonpanich will step down from his post by the end of this year Page 423 words
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Article22 1992-07-14 1 AMERICAN lawmakers and analysts are anticipating massive new bailout costs for financial institutions following the November presidential election PageS22 words
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Article, Illustration29 1992-07-14 1 Monday Change BT-MGA 716.20 +0.17 Kuala Lumpur ...616.08 +4.51 Tokyo 17.201.73 -418.01 Hongkong 6.085.85 +104.49 Sydney 1.638.9 -5.5 Friday Change New York 3.330.56 +6.48 London 1.903.7 -10.229 words
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Article23 1992-07-14 1 Exchange rates USS SS 1.6115 100 Yen SS 1.2882 MS SS 0 6450 Money market rates Overnight 3/4 -3/8 3-montn 2-3/16% -1/1623 words
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Article36 1992-07-14 1 London Gold AM fix USS348.90 USS0.15 Rubber S'pore Aug I43.00*/kg +0.75 M'sia Aug 220 '/kg unch KL Tin Turnover 20 tonnes -24 Spot MSI7.39/kg -0.20 Crude palm oil Turnover l.853lo<s -35 Jul MS896 /toflne -2436 words
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Article, Illustration542 1992-07-14 1 Claire Leow, Joseph Rajendran - Despite PC price war and lower margins, higher orders expected By Claire Leow, Joseph Rajendran SINGAPORE The aggressive price war now raging in the personal computer (PC) industry is posing yet another headache for Singapore's disk-drive makers, the barometer of the electronics industry542 words
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294 1992-07-14 1 Catherine Ong - News boosts Hang Seng index by 104 points From Catherine Ong in HONGKONG CHINA will pay HK53.39 billion (SS7O6 million) for a 10 per cent stake in Hongkong's flag carrier. Cathay Pacific Airways, in a deal which sparked a buying frenzy in the294 words
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Article213 1992-07-14 1 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE HSBC Holdings pic, which took control of Midland Bank last month, is raising £450 million (SSI.4 billion) through the largest ever unsecured Euro-sterling bond issue. Proceeds from the 10-year bond issue will be used to part-finance the takeover of Midland213 words
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511 1992-07-14 1 Dexter Lee - By Dexter Lee SINGAPORE Greek national carrier Olympic Airways has dropped Singapore in favour of Bangkok as the stopover for its flights to Australia. Olympic Airways, which had been offering a twice-a-week service between Athens and Australia via Singapore since 1984, downgraded Singapore511 words
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Article, Illustration413 1992-07-14 1 Leslie Lopez - From Leslie Lopez in Kuala Lumpur AFTER wresting control of Malaysia's premier gaming operator Magnum Corp Bhd two years ago, tycoon Lim Thian Kiat is bracing himself for another gamble. His group is holding talks with Chinese government officials to secure exclusive rights413 words
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Article103 1992-07-14 1 SINGAPORE OCBC Bank yesterday announced a quarter-point cut in its prime lending rate to 5.S per cent. The cut takes effect today. Pace-setting DBS Bank cut its prime lending rate to 5.5 per cent last month, a move that was expected to spark off the103 words
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Page 1 Advertisements
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Advertisement184 1992-07-14 1 Nikon The World s Finest Photographic System. Arcraft Schedule 27 lakarta Bangkok Stocks 22 TV ft Rad» 10 Commodities 26 KLSt 21 Urot Trusts 19 Company News 3.4 Money Changer Rates 27 Weather 27 Cryptic Crossword 27 Money Market 25 World News 7 Editorial 8 Regional News 6 Fmancial News184 words
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Advertisement11 1992-07-14 1 Hock Lock Siew: UIC gearing-it's cash flow that counts, Pg 311 words
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Advertisement268 1992-07-14 1 Bracing for rough ride, Pg 2 Siemens, Toshiba, IBM to develop super-chip, Pg 4 HISTORY IN TIME Nmhm Cfermtcmt fMulr m Isa geU, aMJ< wunirW «#pfc* orjimt Mr* >rutM JO m tt«W ZWr Ni Amio"t*ru aot poa*r mrrut. imjl mum/ tmd 4m mMcour lscl gaU or Kmi/foU Alto rumtUhU wak268 words
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PAGE 2 NEWS
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SINGAPORE ROUNDUP
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102 1992-07-14 2 SINGAPORE has concluded an Air Services Agreement with ttye Lao People's Democratic Republic under which each coyntry's airline will operate three weekly services immediately. The agreement imposes no upper limit on the number of flights that can be made, allowing the airlines to102 words
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Article108 1992-07-14 2 NTUC COMFORT yesterday announced a pre-tax profit of $18.7 million for 1991, an 89.8 per cent improvement on 1990. Disclosing the figure at the 20th annual general meeting, the chairman of the board of trustees, Mah Bow Tan, who is also Communications Minister, said the108 words
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Article84 1992-07-14 2 A BED that doubles as gymnasium equipment. Fire shutters, industrial doors, security grilles, pet care products and computer control systems for concrete mixing machinery. A delegation from the Bristol Chamber of Commerce and Industry is in town to seek local agents and distributors for84 words
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409 1992-07-14 2 SINGAPORE The number of professionals in the information technology (IT) se«tor has grown steadily by 20 per cent annually since 1984, reaching 14,000 last year, latest figures from the National Computer Board (NCB) show. At this rate, there will be enough fresh blood409 words
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Article, Illustration629 1992-07-14 2 This will avert an electricity crisis, say experts FT LONDON Indonesia has taken the first steps towards private participation in its power sector. But industry experts say negotiations on new projects will need to be speeded up if the country is toFT - 629 words
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339 1992-07-14 2 Soh Tiang Keng - By Soh Tiang Keng SINGAPORE Insurers may have to pay at least $3 million in claims arising from last Sunday's Sembawang Shipyard fire, according to preliminary estimates by managers and brokers. They reckon that workmen's compensation payouts to victims and families could339 words
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275 1992-07-14 2 Helen Chang - By Helen Chang SINGAPORE More help is on the way for local companies. as the government upgrades existing schemes to help them expand overseas. Details of the plans are expected to be announced by the Deputy Prime Minister and Minister for Trade and275 words
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277 1992-07-14 2 Schutz Lee - By Schutz Lee SINGAPORE There will be no "drastic" decision involving Singapore when the European Community completes its 10-year review of its Generalised System of Preferences (GSP) at the end of the month, an official at the EC mission in Jakarta277 words
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Article, Illustration493 1992-07-14 2 SINGAPORE Component suppliers to Singapore's disk drive makers have reported strong orders in the past few months but are uncertain about the outlook for the second half of this year. A local company which supplies flexible circuits to disk drive maker493 words
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290 1992-07-14 2 SINGAPORE Disk drives may eventually be replaced by flash cards as memory devices for computers, pundits say. And moves by two world leaders in disk drive manufacturing would seem to back this view. IBM and Conner Peripherals have each started developing flash cards with290 words
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Page 2 Advertisements
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Advertisement52 1992-07-14 2 SUM SIBERIAN G|HSENGFOR LIFE'S UTTLE UPS SMMOa. f gottiog to grips with lift to btcowiig i rt*l itraw, it's tit to rtKh wrt for Sw Sitriw Gfc—f. Btco9Mitd for its restorative IHNH and therapeutic qualities Sun Siboriaii Giaseag is idoal for rodacinf stross aad tensioa. Grab a pack today, call52 words
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COMPANY NEWS 1
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550 1992-07-14 3 Amy Balan - Bank statement suggests limit is not at the level previously thought By Amy Balan SINGAPORE Some confusion has arisen in the stock market over whether Overseas Union Bank has hit its 40 per cent foreign shareholding limit, and it may have proved costly for550 words
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Article, Illustration643 1992-07-14 3 Sunday Morning Post HONGKONG In a multi-billion-dollar bid to leapfrog the booming south coast cities of the mainland, the Wharf group has obtained Beijing's blessing for a plan to transform the heartland of China. Wharf has already signed aSunday Morning Post; Source: Sunday Morning Post - 643 words
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543 1992-07-14 3 Lee Han Shih - THE HOCK LOCK SIEW COLUMN By Lee Han Shih SINGAPORE Recently a report made its way round the stock market defending the debt position of United Industrial Corporation. It argued that UIC is not as "debt-ridden" as people make543 words
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386 1992-07-14 3 Shoeb Kagda - By Shoeb Kagda SINGAPORE Chief executives in Singapore and Malaysia believe that a company's dividend policy does affect its share price. Most of them also agree that paying dividend is an important corporate decision, despite the seemingly light treatment it receives at the386 words
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252 1992-07-14 3 SINGAPORE The independent directors of Boustead pic have unanimously recommended Boustead shareholders to accept book retailer Jack Chia-MPH's £14 million (Ss43 million) takeover offer. In a letter to shareholders. Boustead chairman Thomas Macpherson said: "The independent directors believe that the weighted average price252 words
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COMPANY BRIEFS
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79 1992-07-14 3 KUALA LUMPUR Idris Hydraulic (Malaysia) Bhd has explained that its M 516.2 million profit for the year ended Dec 31, 1991, short of the forecast MS 17.9 million, was due to poorer than expected pre-tax profit of subsidiary Kewangan Usaha Bersatu Bhd. Its pre-tax79 words
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Article63 1992-07-14 3 KUALA LUMPUR Shareholders of Mulpha International Bhd have approved the company's proposed special issue of redeemable convertible unsecured loan stocks (CULS) to a bumiputra investor, Sutera Bakti Sdn Bhd. They have also approved the establishment of an employee share option scheme and listing of the new63 words
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Article35 1992-07-14 3 KUALA LUMPUR Chua Sin Han, a director of Mancon Bhd, has since June 22 bought on the open market 300,000 Mancon shares at an average of M 56.25 (554.05) a share.35 words
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Article75 1992-07-14 3 KUALA LUMPUR Tajo Bricks Bhd has bought out the remaining 26 per cent share in Tajo Construction Sdn Bhd,' belonging to Chua Keng Hong for M$ 108,030 (5569,679). The purchase price for the 13,000 shares was negotiated on a willing-buver-willing-seller basis after taking into account the construction75 words
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COMPANY BRIEFS
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78 1992-07-14 4 LONDON Hanson pic is more likely to look at building its core businesses through acquisitions in Britain and-the United States rather than continental Europe, the conglomerate's chairman Lord Hanson was quoted as saying in an article in yesterday's Financial Times. Mr Hanson said that78 words
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Article66 1992-07-14 4 ANKARA Turkey's Birlesmis Muhendisler Burosu As (BMB) was scheduled to sign a US$ll.7 billion (S$ 18.9 billion) deal yesterday to operate four oil fields and set up a thermal power station with capacity of 1,350 megawatts in .Kazakhstan. The four oil fields have total reserves66 words
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Article83 1992-07-14 4 LONDON Industrial holding company BTR pic said its wholly-owned US unit HS Power II Inc has sold its interests in Richmond Power Enterprise (RPE) to Enron Corp's Enron Richmond Power Corp for US$l5.4 million (5524.8 million). Enron Richmond has assumed all liabilities relating to RPE's bank83 words
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Article, Illustration75 1992-07-14 4 SYDNEY Australian Trade Minister John Kerin (left) witt Jaafar Ahmed (second from left) of the Malaysian Miking Co Bhd, Ron Hawkes of Plutonic Resources Ltd (second from right) and Malaysian International Trade and Industry Minister Rafldah Aziz seen here after the signing of a75 words
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Article76 1992-07-14 4 JAKARTA Jakarta-based PT Lippo Land Development (LLD) is offering convertible bonds worth 30 million Swiss francs (5535.9 million) on the Swiss capital market, the Jakarta Post daily said here yesterday. Swiss Bank Corp, ona?of the three largest banks in Switzerland, was acting as the'leader in the76 words
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Article30 1992-07-14 4 BANGKOK Thailand's Securities and Exchange Commission has given Muramoto Electron (Thailand) Co a preliminary approval for a listing on SEC. Muramoto manufactures and distributes electronic products.30 words
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Article42 1992-07-14 4 BANGKOK The Thai Cabinet-appointed committee studving ways of implementing the Skytrain project is likely to recommcnd that the government invest in the project itself, the Bangkok Post reported, quoting National Economic and Social Development Board secretary-general Pisit Pakkasem.42 words
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Article, Illustration418 1992-07-14 4 Current office-holder to be promoted to executive chairman BANGKOK Bangkok Bank Ltd (BBL) president Chatri Sophonpanich has decided to step down from his post by the end of this year and will be replaced by Vichit Surapongchai, according to a Bangkok418 words
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334 1992-07-14 4 Reuter ABU DHABI The United Arab Emirates (UAE) needs to establish an official stock market and sell off government shareholdings to breathe new life into share trading and attract investment, brokers and economists say. Like other oil-rich Gulf Arab neighbours, theReuter - 334 words
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251 1992-07-14 4 AFP, AP, Reuter MUNICH Siemens, Toshiba and IBM yesterday announced an unprecedented cooperation programme to develop and produce the "electronic chip for the 21st century". They said the "superchip" would have a capacity of 256 megabits. The German, Japanese and US groups madeAFP,; AP,; Reuter - 251 words
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Article, Illustration534 1992-07-14 4 MARKET TALK Reuter NEW YORK The US stock market is likely to take a break from its recent rally as investors watch the upcoming Democratic Party convention and reassess the prospects for the November presidential election, analysts say. The convention, which began yesterdayReuter - 534 words
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349 1992-07-14 4 Reuter KUWAIT Kuwait's main investment body has responded to charges that it has mismanaged a multi-billion-dollar investment portfolio in Spain by leaking a lengthy defence of its actions to the official Kuna news agency. An "official source" at the Kuwait Investment OfficeReuter - 349 words
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Page 3 Advertisements
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Advertisement120 1992-07-14 3 I IN THE MARKET RAGES Nikkei soars above 17,000 22 •KL stocks shine in S'pore 17 M'sia hits 5-month high 21 (MS THE BEST OF PATEK PHILIPPE Since the establishment ability. Water-resistant to 60m. of Sincere Watch in 1954, we gold/steel. Truly, have worked hard to maintain £jJL a watchmakers120 words
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Page 4 Advertisements
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Advertisement337 1992-07-14 4 Dot*: August 17-21.1992 Pees: *****0 SIM members/*****0 non-members The creation of a worldclass organisation for the 90s and beyond requires a vision and market-driven execution with attention to quality and speed of response to the customer. Organisations that are successful will not only be leaders in the development of these337 words
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Advertisement128 1992-07-14 4 Spices We Throw In Freshness. j||l n Faithful to traditional Teochew culinary art, our chefs at Hung Kang Teochew v Restaurant do not use spice excessively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the true taste of our food. And to128 words
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FINANCIAL NEWS
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523 1992-07-14 5 Reuter WASHINGTON Is a second disaster looming for the United States banking and thrift industries? Some US lawmakers and analysts are now talking of a December or January surprise, when regulators may have to admit to massive new bailout costsReuter - 523 words
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Article, Illustration564 1992-07-14 5 Quak Hiang Whai - THE SANG KANCIL By Quak Hiang Whai The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index564 words
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SMALL CHANGE
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Article66 1992-07-14 5 BANGKOK Thai Airways International Ltd has scheduled a tender for Friday for five billion baht (*****.5 million) in Thai promissory notes which it aims to borrow from Thai banks and finance companies. Banking sources said Thai Airways wants to gauge local reception to its66 words
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Article37 1992-07-14 5 SEOUL The Export-Import Bank of Korea has won Seoul Finance Ministry approval to set up a wholly-owned subsidiary in London, a ministry official and a bank spokesman said in separate statements yesterday.37 words
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Article67 1992-07-14 5 SYDNEY Queensland Treasury Corp (QTC) said it has issued Asl4o million (SSI6B million) of 12 per cent coupon March 15, 1995, bonds at a weighted average yield of 6.697 per cent. A QTC spokeswoman said this was 10 basis points above the yield on April 199567 words
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Article38 1992-07-14 5 KUALA LUMPUR Bank Negara's gold and foreign exchange and other reserves, including special drawing rights, rose to M 536,132.91 million (5523,305.72 million) as at June 15, 1992 from M 536,050.65 million a fortnight earlier.38 words
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296 1992-07-14 5 Shoeb Kagda - S'pore office among top five performers in region;; By Shoeb Kagda SINGAPORE Chase Manhattan Corp yesterday announced a 45 per cent increase in operating income in the Asia-Pacific for the second quarter of this year. "Tlie Asia-Pacific continues to be one of the strongest growth296 words
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Page 5 Advertisements
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Advertisement137 1992-07-14 5 \K *^hL MV JmmQTaJ^^H SILKAIR NOW MAKES IT EASIER THAN EVER TO GET TO THE HEART OF INDONESIA'S CAPITAL. FLIGHTS LEAVE FOR JAKARTA AT 900 AM, 2 30 PM AND 715 PM EVERY DAY IN ADDITION. YOU NOW HAVE THE CHOICE OF TRAVELLING ON OUR EXCLUSIVE BUSINESS CLASS. EVEN BEFORE137 words
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THE REGION
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NOTE BOOK
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103 1992-07-14 6 CANBERRA The growth in Australia's tourism industry will create 209,000 more job opportunities for the unemploy-ment-stricken country in the next eight years. The industry will witness a 4.6 per cent growth in its workforce by the year 2000, three times the rate expected103 words
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Article113 1992-07-14 6 BEIJING China, in an apparent prod to its radical Cambodian ally the Khmer Rouge, has lent its support to the disarmament phase of a UN-brokered peace plan which has run into trouble. "China supports the second phase of the ceasefire in Cambodia and its implementation (as)113 words
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Article65 1992-07-14 6 MANILA The Philippines' gross international reserves rose'to U554,137 billion (556.66 billion) in June, 1992, up 18 per cent from the US$3.5l billion posted in the same period in 1991, the Central Bank said here yesterday. The reserves were boosted by increases in the amount of foreign65 words
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Article59 1992-07-14 6 KANGAR Malaysia will remain a major rubber producer, even though total acreage under rubber will be reduced by the year 2000, the Rubber Industries Smallholders Development Authority (Risda) said yesterday. The country had a capacity to produce 1.8 million tonnes of rubber a year at59 words
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Article78 1992-07-14 6 PERTH Big potential for increased trade with China has been identified by a senior member of a Western Australian delegation now touring the country. China was especially interested in medium-scale joint-venture agreements with Australian companies, said the leader of the Western Australian National Party, Hendy78 words
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360 1992-07-14 6 Reuter CANBERRA Australian Prime Minister Paul Keating is losing popularity, with fewer voters seeing him as intelligent and capable as recession maintains its grip. Mr Keating's waning image was reflected yesterday in a Morgan Gallup pol l which showed that his Labor government wouldReuter - 360 words
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281 1992-07-14 6 Reuter WELLINGTON New Zealand Prime Minister Jim Bolger chided major industrial nations yesterday for failing to tackle world trade problems and singled out France for particular criticism. Mr Bolger told a news conference he was disappointed with the failure of GroupReuter - 281 words
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343 1992-07-14 6 AFP HONGKONG Moves by the Hongkong government to curtail speculation have begun to affect short-term speculators, but residential property prices have still increased by as much as 20 per cent so far this year. Higher stamp duties and pressure on banksAFP - 343 words
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Article, Illustration562 1992-07-14 6 Andrew Cooke - Taking stock of the regional economies From Andrew Cooke in BANGKOK AS THE shock waves from May's bloody political violence spread through the Thai economy, most key private and public institutes are making surprisingly bullish forecasts for the short-term outlook for the economy. Among562 words
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339 1992-07-14 6 AFP PHNOM PENH Inflation in Cambodia is running at about 100 per cent annually, according to a United Nations report yesterday. The rate was estimated from a consumer price index of goods in the Cambodian capital, and does not accurately reflect the rate elsewhereAFP - 339 words
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Article, Illustration106 1992-07-14 6 DAM BULLA, Sri Lanka Policemen keeping watch on about 10,000 farmers, students, monks and priests who had made their way along a jungle path to a lake in central Sn Lanka last Sunday in protest against plans to build a luxury hotel there. The protesters, mostly106 words
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313 1992-07-14 7 Four public holdings to be sold to cut budget deficit AFP ROME In an attempt to cut Italy's national budget deficit, the government has announced a major privatisation programme worth more than US$5O billion (5580.5 billion), which took effect from yesterday. The sell-off of fourAFP - 313 words
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424 1992-07-14 7 Reuter JOHANNESBURG Deadlock in South Africa's democracy talks has fuelled growing concern that a power struggle between political leaders could turn its sanc-tions-ravaged economy into a wasteland. That, in turn, would undermine prospects for any peaceful transition to non-racial democracy, say commentators.Reuter - 424 words
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347 1992-07-14 7 AP WASHINGTON Third World countries are especially hard hit by the heavy environmental damage mining causes throughout the world. Worldwatch, a private environmental group, published a 53-page study last Saturday that says mining and smelting generate 2.7 billion tonnes of wasteAP - 347 words
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462 1992-07-14 7 AP WASHINGTON Russian President Boris Yeltsin has promised to slash government deficits and cut inflation nearly in half by the end of this year in return for a US$l billion (Ssl.6 billion) loan, said a senior international monetary official. Mr Yeltsin's July 5AP - 462 words
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WORLD WATCH
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Article66 1992-07-14 7 BEIJING The World Bank made a record U552.55 billion (SS4.I billion) in loans to China during the fiscal year ended June 30, an official Chinese news report said yesterday. The loans are being used in 19 projects to develop China's power industry, railways, highways, sanitation66 words
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73 1992-07-14 7 BAGHDAD Iraq uiged foreign banks on Sunday to release its frozen assets so it could buy badly needed food and medicine. It said it was taking court action against the Swiss-based Bank for International Settlements. "Security Council Resolution 687... permits Iraq to use its73 words
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Article38 1992-07-14 7 AMMAN Germany and Jordan signed two agreements on Sunday under which debt-burdened Amman will get 37 million marks (SS4O million) in commodity loans to support the country's trade balance, an embassy spokesman said.38 words
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Article57 1992-07-14 7 BUENOS AIRES Argentina will stick to free market policies despite mounting social demands, Economy Minister Domingo Cavallo said in interviews published on Sunday. President Carlos Menem's administration faces pressure from teachers and pensioners seeking higher pay and provincial governments that disagree with its policy of decentralising57 words
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Page 6 Advertisements
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Advertisement108 1992-07-14 6 i ,*XJ' ,5 i g ,-y Ji. After a hard day in the business jungle, you may like to talk to our headhunted *51 s v i." -t c js i» -'i I ;t- < fc w v*• i ::g,,; .-ji.•; i. There'i oo better b«K for adventure in the108 words
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Advertisement143 1992-07-14 6 HPI IVID A"®® W IVlDAias: IMfcersity of Strathclyde 9th Intake by distance learning The Strathclyde's MBA is one of the longest established courses and is regarded as being the top league of British MBA programmes. The Economist Guide to British and European Business Schools describes Strathclyde as being innovative and143 words
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Page 7 Advertisements
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Advertisement180 1992-07-14 7 Over 80% of the most prominent figures in banking count on our computer solutions. processing systems. But the buck hardly card processing systems and we've put our surveys in Taiwan or that all of Japan's top stops there. banking customers at least a year ahead of ten banks, all of180 words
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Article425 1992-07-14 8 EDITORIAL BY PICKING Senator Albert Gore as his running mate, Democratic presidential aspirant Bill Clinton has elevated his candidacy from a likely also-ran into the strongly-in-the-running category. Even though the choice makes nonsense of the traditional arithmetic of balancing the ticket by geography and generation, it has425 words
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WHAT THE OTHERS SAY
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Article170 1992-07-14 8 MOUNT ELIZABETH Hospital's decision to stop all sex-change operations calls into question what society's attitude towards transsexuals should be. It i$ significant that the government, which leans towards conservatism in matters concerning sex, has liot thought fit to proscribe these operations. Sexchange operations are legal here. More170 words
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Article188 1992-07-14 8 Road bullies beware! THE CHIEF JUSTICE'S verdict of one year's jail and three strokes of the cane imposed on a road bully recently will serve as a strong warning to would-be road bullies who might think that they can beat up other road users on the slightest provocation for the188 words
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Article154 1992-07-14 8 THE Singapore Chinese Chamber of Commerce and Industry (SCCCI), the Singapore Federation of Chinese Clan Associations and the Chinese papers in the Singapore Press Holdings group have announced two significant fund-raising activities for the Chinese Development Assistance Council (CDAC). We have reason to believe that these154 words
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REGIONAL VIEWPOINTS
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Article181 1992-07-14 8 IN LOOKING to the West for technological knowledge, youths must not be vulnerable to the drug culture, the "me-generation" mentality and the do-your-own-thing mindset. They must possess the wisdom to choose wisely and correctly. In order to make the right decisions in life, they must be able to181 words
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Article153 1992-07-14 8 DO THE PAS leaders in Kota Baru really think that the federal government will succumb to these acts or be otherwise adversely affected by them? It is the state government's own image that is being sullied, it is the image of Kelantan itself especially as a153 words
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Article173 1992-07-14 8 TODAY, in detention centres throughout Shenzhen, hundreds of Hongkong citizens will wake up to another day of enforced confinement in what are called "re-education centres." They have not had the luxury of a trial. They have not had access to a lawyer. There were no "outside observer" when173 words
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Article, Illustration1050 1992-07-14 8 Christopher Lorenz - Although Japanese companies say they want to reduce product churning, Christopher Lorenz wonders if action will follow the statements Christopher Lorenz FT IF THE pronouncements from Tokyo over the past six months were to be believed, one would think that Japanese industry was about to drop oneFT - 1,050 words
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Page 8 Advertisements
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Advertisement17 1992-07-14 8 The Big Four IMSIII Chmpfon BJJM regional cmc. BUILDING A RETIREMENT u NEST EGG J ON SALE17 words
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Page 8 Miscellaneous
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Miscellaneous12 1992-07-14 8 DOONESBURY BY s**™ ™udeau LAcSJ PBSSTENT.I GKAT, I'HUPTOTHe YK /S=S2 \«s. "m?12 words
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ANALYSIS
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961 1992-07-14 9 Jackie Sam - Jackie Sam discusses the difficult path ahead for the new Hongkong governor in the transfer of sovereignty to China Jackie Sam The writer is a Hongkong-based political consultant SPECULATION about what new governor Chris Patten will do, or will not do, continues.961 words
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Article, Illustration1424 1992-07-14 9 Nirmal Ghosh - The World Development Report 1992 is not apologetic about development, and wears a brand new environmental hat, reports Nirmal Ghosh Nirmal Ghosh Environment is the flavour of the month or rather of the year at the World Bank, once every environmentalist's favourite whipping boy.Source: World Development Report 1992 - 1,424 words
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Page 9 Advertisements
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Advertisement76 1992-07-14 9 In Kuala Lumpur, the promise of Shangri-La is now even more inviting. From now until 31 August, you can reserve a room at the Shangri-La Kuala Lumpur on a special promotional offer. The offer includes a number of gracious extras, to make Kuala Lumpurs top hotel even more attractive. Simply76 words
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Page 10 Advertisements
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Advertisement876 1992-07-14 10 Nothing Beats A BucL 1119 WHERE T0 W,NE D,NE or —^——P MfTfi nuime&jf SUNDAY TEMPTATIONS Every Sunday, Nutmeg's brings to you exquisite culinary surprises, fine wines and champagnes and the relaxing chords of our jazz musicians. Seafood delicacies, Sunday favourites, local specialities and even a touch of American. await the876 words
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Advertisement337 1992-07-14 10 THE PINE COURT Amidst Imperial splendour, our chefs stage their highly acclaimed performance >' rjHrf of legendary Beijing cuisine to the satis- JC. faction of demanding diners.To guarantee 'Vf-Wji your place amongst the discerning, make \1 your reservations early. Cl«i 1' ">4 N C W Lunch 12pm to 2.30pm Im/y337 words
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Page 10 Miscellaneous
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Miscellaneous597 1992-07-14 10 TELEVISION AND RADIO r M mm u r-u mm m town Bov Makes Good (See 9.30 fiado-Oado (M). I imP W/irn Our Cho.ce, Stereo). 9.00 Spodal Entertain*.* L.ve BUT ftft <k alb in VMF Rami II 1 llllv ?T (U 7 .25 rm Opening followed by Tfco 12.15 AM CteM.597 words
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LIFESTYLE
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Article, Illustration765 1992-07-14 11 Michelle Low - Michelle Low meets a man with an identity crisis: musician Strauss (first name Lance, not Johann) who thinks he is Elton John Michelle Low FROM somewhere down under comes a man by the name of Strauss who thinks he's Elton John, but calls himself Jack. After confusing Australians765 words
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Article, Illustration884 1992-07-14 11 Vibeke Laroi - Vibeke Laroi reports on a disturbing trend in the Japanese pornography business: the use of actual rape footages in videos Vibeke Laroi Reuter T 0! NO! screams I the rape .X. victim in a Japanese blue movie, feeding the fantasies of a male public which likes its womenReuter - 884 words
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Article, Illustration550 1992-07-14 11 AUTHOR and film director Michael Chrichton says his best seller, Rising Sun, is not a criticism of Japan but of America in decline. 'The decline of America is happening so swiftly, and is so frightening that almost nobody will confront it ...we're in severe denial," he550 words
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Page 11 Advertisements
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Advertisement216 1992-07-14 11 AND ENTERTAIN The Chef s Special Savour the Chef s special four-course dinner featuring an appetiser, soup, main course and dessert in the classic ambience of the Hubertus Grill A different gourmet dinner menu is available each week. ANA HOTEL SINGAPORE reservations, 16 Nas»"< M. Sngapor* 1025 732-1222 ext 1582/97216 words
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Advertisement93 1992-07-14 11 ■JSC" ■■■debutsßll Experience this sizzling Japanese encounter at NISHIKI RESTAURANT! Set meals available at unbeatable prices of $20 to 525 for lunch and £35 to $38 for dinner. For reservations, please call 3224 224/5. Our restaurant owtirfc ipricoar the public to enjoy fme dining /I t MARINA BAY GOLF A93 words
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Page 12 Advertisements
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Advertisement42 1992-07-14 12 JMk *'i N W r ■F pii I OROUPE GET THERE FASTER ON A UTA NON-STOP FLIGHT. EVERY MONDAY. TUESDAY, FRIDAY AND SATURDAY. ffl AIR PRANCE FPU YOUR TRAVEL AKHANCIMIWH TO PARIS CAll UTA OH 717 4>S> OK Stl YOUR TRAVEL AGiNT42 words
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FOCUS
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Article, Illustration1205 1992-07-14 13 Gene Linn - Foreign companies are snapping up China's land-use rights, creating a property boom that is gaining momentum, writes Gene Linn Gene Linn UPI CHINA, the last major bastion of Marxism, for sale? Surprisingly enough, the answer is yes, with some qualifications. Technically, allUPI - 1,205 words
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Page 13 Advertisements
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Advertisement193 1992-07-14 13 ini| National University of Ireland "08 Bachelor of Financial Services Ist Intake e August 1992 Correspondence Study Programme Structure Contents The BFS Advantages 12 modules presented over 18 months as follows Directed progress, as opposed to the traditional independent correspondence mode Accounting Fimu.ce 2 eveiy three months instead of the193 words
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Advertisement213 1992-07-14 13 In the new Suzuki Vitara you can conquer mountains and cross deserts VJwJw j[! ML But you'll probably buy it for the unique styling, superb ride comfort and full range of equipment In the Vitara you sit tall in an armchair-like seat, enjoying a panoramic view of the road ahead.213 words
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INNOVATION & TECHNOLOGY 1
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Article, Illustration404 1992-07-14 14 Jennifer Lien - Jennifer Lien reports on the small but powerful Bicom which hit the shops recently Jennifer Lien A HONGKONG company is making headway with what it calls the "world's smallest and lightest notebook" and new, innovative features will be added in the coming months. ABC Computer's marketing404 words
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198 1992-07-14 14 TRADING firm SC Johnson Son aims to increase its presence in the growing local pest-control market through its latest fly-control device, the Hygenius Electronic Flytrap. The Company eventually hopes to pose a threat to Rentokil Singapore Pte Ltd, the current pest-control market leader, with its new198 words
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Article231 1992-07-14 14 HEWLETT-PACK-ARD'S (HP) Singapore Networks Operation (SNO) has signed a collaborative agreement for four research and development projects with Oki Electric Industry Co Ltd of Japan. The move is part of a broader cooperative development and consulting agreement for technology exchanges signed in April this year.231 words
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TECH TAKES
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84 1992-07-14 14 MOUNTAIN VIEW, CALIFORNIA Silicon Graphics Inc said last week it has formed a strategic alliance with Tata Elxsi Ltd and has agreed to buy 15 per cent of the Indian computer products concern. Silicon Graphics said it will grant Tata Elxsi a manufacturing84 words
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Article76 1992-07-14 14 SEOUL South Korea's Samsung Electronics Co last week started trial production of 32-megabit mask read-only memory (ROM) chips, which the company will begin marketing early next year. The 32-megabit mask ROM is the most sophisticated of ROMs, which are used to store data permanently, a company spokesman76 words
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Article109 1992-07-14 14 LONDON Researchers in the United States have caught the human brain in the act of thinking, New Scientist magazine reported last week. It said the breakthrough was achieved using a scanning technique known as magnetic resonance imaging (MRI), which works by subjecting the body to109 words
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Article50 1992-07-14 14 SINGAPORE Maxinfo Communications, a public relations consultancy firm specialising in computers, has added two senior managers to its team. Geraldine Ang Yu-Lin, formerly of IBM, has been appointed client services director. Edward Lim Kee Lay, most recently of ComputerWorld, has been appointed as editorial services manager.50 words
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Article, Illustration672 1992-07-14 15 Michiyo Nakamoto - Michiyo Nakamoto discovers a new type of radio Michiyo Nakamoto FT IMAGINE having a radio in your house that would allow you to choose from hundreds of music stations and then to make your own high-quality digital recordings, much like a personalised compact disk. TheFT - 672 words
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Page 14 Advertisements
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Advertisement169 1992-07-14 14 11 wo n't take us long to fit your office. The we to ou have all the at From the oak boardroom I them every tothesystem panels. So that have, we can whip one up where you want it (flexible literally, the only thing you'll foryou.lnprobablylesstime system furniture which have169 words
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Advertisement57 1992-07-14 14 HI MISSED ■I TODAY'S H B papers? Si Call *****77 (SPH Circulation Customer-Services Hotline) HH for assistance or a homedelivered copy daily! Tha Strait* Hm*a Barita Mtnogu Tha Sunday Tim** LianHa Zaoßao Dmin—i Tim— Lot Ha Wanßao Tha Naw Papar Shin Ifln Daly Nam* i iJi r .1,1, \AI M57 words
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Page 15 Advertisements
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Advertisement261 1992-07-14 15 If you don't read The Asian Wall Street Journal, your replacement will. To ensure your career thrives, analyzing their effects and impact on you need a constant competitive S 3 ou acts l^at can edge. And that's The Asian Wall make the difference between Street Journal. Every business success. And261 words
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Advertisement445 1992-07-14 15 P sum E FOR THE PRICE OF AN EXECUTIVE ROOM! Yes, vou get a suite with your own private lounge for only $340++. At an equivalent price, most other hotels only offer a bedroom and a shared Executive I>ounge. So whv settle for less when you can have more! More445 words
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SPORTS
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SIDE LINES
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112 1992-07-14 16 GULLANE, Scotland Australian Open champion Wayne Riley enhanced his "Wild Colonial Boy reputation on Sun- day by sacking his caddie during qualifying for this week's British Open at Muirfield. After starting bogey-double bogey in the first of two qualifying rounds, Riley told his caddie112 words
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Article, Illustration110 1992-07-14 16 VIENNA, Ohio Betsy King won a four-way playoff when she rolled in an s-toot pun on me first extra hole on Sunday in the raindelayed LPGA Phar-Mor in Youngstown. The win, worth U5575,000, was King's second this year and 27th of her career. She also won the Mazda110 words
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Article85 1992-07-14 16 •WILLIAMSBURG. Virginia David Peoples bogeyed three i>f his last five holes but won the Anheuser-Busch Golf Classic on Sundav when Ed Dougherty missed a 5-foot birdie putt on the final hole. Peoples, who got his first career victory in last vear's Southern Open, earned US$l9B,OOO for No85 words
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Article56 1992-07-14 16 BASTAD. Sweden Defending champion Magnus Gustafsson of Sweden won his first ATP Tour event of the year on Sundav, outlasting unseeded Thomas Carbonell ot Spain 5-7, 7-5. in the final of the U*****,000 Swedish Open. "I'm back in business," said Gustafsson. a former top 10 player.56 words
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Article54 1992-07-14 16 KITZBUHEL Conchita Martinez of Spain lived up to her billing as top seed by winning the U*****,000 Kitzbuhel -women's tennis tournament on Sunday. Having seen oft C ikmth Africa's Amanda Coetzer 6-1. 6-3 in the rain-dela\ed \emi-final. Martinez beat second seed Manuela Maleeva-Frag-niere of Switzerland 6-0. 3-6.54 words
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Article68 1992-07-14 16 NARBONNE. France Japan's Olympic swimming team is homesick already bccause it can t get the right sort ot rice. Head coach Yoki Suzuki said: "We brought a lot ot Japanese food with us. but unfortunately not enough for every day. The main problem is the rice. It's68 words
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511 1992-07-14 16 AP BARCELONA American Jim Courier and Steffi Grat of Germany are the likely top seeds at the Olympic tennis tournament, but Spanish siblings could sweep the singles golds. Missing will be three of the world's top four players: Martina Navratilova. GabrielaAP - 511 words
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Article, Illustration477 1992-07-14 16 Tour de France AP. AFP KOBLENZ, Germany Belgian Jan Nevens edged out Denmark's Jesper Skippy by three seconds on Sunday, winning the eighth stage of the Tour de France while the race favourites jockeyed for position heading into an individual time trial.AP.; AFP - 477 words
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290 1992-07-14 16 AP FRANKFURT Fresh from her fourth Wimbledon win. Steffi Graf has returned to lead Germany's drive for the Federation Cup for the first time since 1987. The 32-nation tournament. the women's version of the Davis Cup. began yesterdav with Germany seeded No* I.AP - 290 words
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632 1992-07-14 16 AP SILVERSTONE, England Soccer-style crowd trouble hit Formula One auto racing on Sunday as Nigel Mansell's triumph at the British Grand Prix sparked a invasion of the track while the race was still going on. Hundreds of British fans among the 150,000 spread aroundAP - 632 words
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Article, Illustration627 1992-07-14 16 AP GULLLANE. Scotland Ben Crenshaw tells the story. "We were standing there, heads down, like a couple of schoolboys in the principal's office." Crenshaw recalled. In the 10 o'clock twilight of a summer day 12 years ago. Crenshaw and co-con-spirator Tom Watson wereAP - 627 words
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Page 16 Advertisements
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Advertisement46 1992-07-14 16 THE GRAND COMPLEX A NEW ZEALAND PROPERTY INVESTMENT Long term leases. Secure income including BNZ and NZ Government tenants. Core CBD Wellington. 344,000 sq ft. Price NZssB.sm or NZ$l7O psf. 10% Return. INTERESTED?Video and investment report available. Contact: Jimmy Lee Telephone: 223 2323 Fax: 227 722546 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3608 1992-07-14 17 Genevieve Cua - By Genevieve Cua MALAYSIAN counters and lowerpriced second-liners took the spotlight yesterday as selected blue chip shares lost ground on poor market sentiment. The key Straits Times Industrials Index opened at 1,487.05, but slipped steadily in the coursc of the day despite a3,608 words
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Article, Illustration74 1992-07-14 17 Quak Hiang Whai - By Quak Hiang Whai Comment SINGAPORE LAND has been moving down towards the $5 mark, which has provided solid support for two years. The daily stochastks and 13-day RSI appear to be reversing upwards from near zero white its weekly stochastics is building up. A cross-over from theSOURCE: BRIDGE INFO - 74 words
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Article2637 1992-07-14 18 MS Foreign 1400 +10 +0.7% «A 1300 +10 +0.8% SPH Foreign 1300 +10 +0.8% v P°llo 176 +6 +3.5% Fim Capital 239 +6 +2.6% OCBC 960 5 0.5% Roth Inds 50* 595 +5 +0.8% S Aerospace F 285 +5 +1.8% UOB Foreign 810 +5 +0.6%2,637 words
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Page 18 Advertisements
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Advertisement11 1992-07-14 18 m I V i .".v 'vV > i 4 "V' f J11 words
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Article3287 1992-07-14 19 H Leong Ind 50« 540 40 8.0% Leader U 610 +20 +3.4% Magnum Corp 50* 525 20 4.0% Dunlop Est CULS 205 +19 +10.2% Choc Prod 50« 77 +13 +20.3% Dunlop Est 209 +10 5.0% Esso 50« 424 8 +1.9% M Cement 50" 260 +83,287 words
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Page 19 Advertisements
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Advertisement118 1992-07-14 19 You don't have to be a Teleview subscriber to WIN! lJiw I Enter the SPH Shine Olympics Contest at Comcentre 2. If you're a Teleview user, just Our questions will be changed key into Teleview page *4120#. weekly -so the more times you If you're not, come down to enter,118 words
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BT SHARE INFORMATION SERVICE
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Article255 1992-07-14 20 Cwpwy Date Year Greap Net Minhpfimi ana 'to profit/loss (L) per share dhrtdead (*•00) (cents) GB Wdgs JullO Mar 92 $4,166(16.776) 6 1(99) 10TE(10TE) 'Metro Hldgs Jul 8 Mar 92 $5,656($7,999) 78(11) 4(4) Transmarco Jul 8 Mar 92 $3.257($8.545) 13(34.2) 6(6) B Sembawang Jul 6 Mar 92 $17,167(54,251)255 words
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Article211 1992-07-14 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) GP Batteries Jul 2 Mar 92 J*****($M.186> 413(479) 188TE(17 6TE) IMC Hldgs Jul 2 Mar 92 5183dg(5198dg) 52(56) 40(40) Pelang, Bhd Jul 1 Mar 92 M537 824(522.583) 11(9) 15(10) Pertama Jun211 words
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Article161 1992-07-14 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) M Cement Jul 6 May 92 M536 539(537.272) 18(16) Asia Pacific Jun 26 Mar 92 563.038(159.214) 14W(10W) F&N Jun 26 Mar 92 599 550(589 232) 9 2(9 2) Pacific Can Jun 26 Mar 92 52.034U530) —<—)161 words
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Article832 1992-07-14 20 Current Ex Books Date Total for Total for payment date close payable the year last year Alei Hdfs 50c 6%(b) Aug 26 Sep 7 Sep 24 6"* 61 Amcol 25c 101 Aug 21 Aug 27 Sep 10 10% 101 Apolo 2 51 Jur 3 lun 16 Jul 23832 words
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Article533 1992-07-14 20 Company Rights Issue^ DIC Bai* One to< two <a MSI 25 pet share Ei-date Jun 2 Books close Jun 17 Acceptance Payment Jul 30 Eu Yan Sang Three-tor-one <a SI 05 per share Ei date Jun 17 Books Close Jun 27 Acceptance Payment Aug 3 Keppd France One-tor-four533 words
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Article199 1992-07-14 20 M 10 Sembawang Shipyard has secured its first floating production, storage and off-loading conversion contract for the year. M 9 Gokttron Ltd has announced that the name of Dyna-Mech Electronics Pte Ltd. a subsidiary, was changed to Goldtron Electronics Pte Ltd. Durtop Estates Bhd said its wholly-owned subsidiary.199 words
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Article139 1992-07-14 20 TDM Bhd: 27th AGM at Asean Rm, Holiday Inn On The Park Kuala Lumpur, ***** Kuala Lumpur, Wednesday, July 15. at 9.00 am Pan Malaysian Cement Wots Bhd: 29th AGM at the Mui Asean Rm, Holiday Inn On The Park Kuala Lumpur, ***** Kuala Lumpur. Wednesday. July 15.139 words
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Article109 1992-07-14 20 Conversion Special Trdg Scriptess Conversion deadline Period Trading Company starts (IDP) (ST) starts Fji Yan Sang* Jul I Jul 21 Jul 9 Jul 21 Jul 22 Eh Yan Sang Iji Jul I Jul 21 Jul 9 Jul 21 Jul 22 Km Yan Sang Wts Jul 1 Jul 21109 words
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376 1992-07-14 20 In local curt In S$ In IS$ S d> S yr S dy >r S d> >t JuK IQ Index chge chge chge chge chge chge World 382.7 0.1 -6.3 0.0 -6.4 -0.1 -6.2 +F\FE 450.6 0.0 -10.3 0.0 -9.8 -0.1 -9.6 Lurope 422.9 0.1376 words
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Article, Illustration593 1992-07-14 20 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100CHARTS BY BRIDGE - 593 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5382 1992-07-14 21 Bernama INSTITUTIONAL support for the second liner stocks took the share market in Kuala Lumpur to its highest close in five months in very active trade yesterday. The KLSE Composite Index at the close added 4.51 points to 616.08, the highest since touchingBernama - 5,382 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration1829 1992-07-14 22 Reuter SHARE prices in the Bangkok stock market closed lower yesterday on selective sales in a market lacking fresh factors, brokers said. The SET index lost 4.67 points, or 0.63 per cent, to 734.46 on a turnover of 4.69Reuter; Source: Bridge Info - 1,829 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration1178 1992-07-14 22 JAKARTA stocks closed slightly higher in a flat market yesterday, brokers said. The Composite Index gained 0.43 point to close at 321.54. But investors are relieved that a recent deregulation package has not been extensive. one broker said. The package partly frees steel,Source: Bridge Info - 1,178 words
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Page 22 Advertisements
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Advertisement9 1992-07-14 22 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER9 words
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Advertisement103 1992-07-14 22 BATTERED TEENAGERS Why they don't want to talk about it GET IT NOW 60 Ml FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday,103 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2559 1992-07-14 23 Reuter TOKYO stocks closed higher yesterday and the Nikkei Average ended above 17,000 for the first time since June 12, rising 418.01 points to 17,201.73. No major incentives guided trade. Futureslinked programs and dealer buying pushed the market up in very thin trade. The broaderReuter - 2,559 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2530 1992-07-14 23 Reuter HEAVY buying in HSBC Holdings lifted the blue chip Hang Seng Index to close 104.49 points higher at 6,085.85. The All Ordinaries Index rose 49.5 points to 3.304.45. Turnover was HK53.64 billion against HK53.34 billion on Friday. "British institutions were buying heavilyReuter - 2,530 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2099 1992-07-14 24 Reuter AUSTRALIAN stocks yesterday closed weaker and near the day's low as poor retail trade figures reinforced pessimism about the economy, brokers said. "The economy is not recovering as fast as hoped, and people have lost confidence," said a broker. "They are waiting toReuter; Source: Bridge Info - 2,099 words
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REGIONAL STOCK MARKETS
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Taiwan stocks end lower in nervous trade
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Article150 1992-07-14 24 TAIWAN stocks extended early losses yesterday to end lower across the board in thin, nervous trade as investor sentiment remained very poor, brokers said. The Weighted Index lost 72.14 points to close at 4,312.38. Turnover was NTS 19.8 billion against NTS 15.7 billion in Saturday's shortened session. Profit-taking overcame150 words
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Article601 1992-07-14 24 MANILA share prices ended lower yesterday in uncertain trading as investors took to the sidelines, looking for fresh economic and political developments to give the market clearer direction, brokers said. The Manila Stock Exchange Composite Index fell 31.55 points to end at 1,444.73 from Friday's close. Losers outnumbered gainers601 words
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Article811 1992-07-14 24 SEOUL'S depressed stock market inched closer to the psychologically important 500 mark, closing 6.96 points down in thin trade at 512.54. "Pessimism for the economy and the market reigns supreme," one dealer declared. "I cannot tell where the techni- cal resistance level is." Brokers said investor sentiment was further811 words
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Article338 1992-07-14 24 A PARTIAL recovery in Fletcher Challenge's share price and slightly firmer prices for other leading stocks helped drag the New Zealand share market off its lows yesterday to end barely changed. The NZSE-40 Capital Index ended 0.57 points lower at 1,566.35 after going as low as 1,560.59. There338 words
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Article364 1992-07-14 24 Taipei July 13 NTS VoKUO) All Sincere Ind 10.00 -0.20 23 Asia Cement 64.50 unch 544 Cathay Constr 63.50 0.50 931 Cathay Life Ins 185.00 unch 355 Chang Hwa Bank 102.00 unch 381 Cheng Loong 21.90 0.90 2459 Chia Hsin Cement 51.00 unch 502 Chia Hsin Flour 45.20 -0.60 1976364 words
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Article52 1992-07-14 24 INDICES TURNOVER Close t\ rTr'KMIS J oh 13 NEW ZEALAND NZSE-40 Capital 1.566.35 1,566.92 -0.57 MANILA Composite Index 1.444.73 1,476.28 -31.55 Turnover (mil pesos) 225.9 305.5 -79.6 TAIPEI Weighted Price Index 4.312.38 4.384.52 -72.14 Turnover (NTS billion) 19.8 15.7 +4.1 SEOUL Composite Stock Index 512.54 523.88 -6.96 Turnover (billion won)52 words
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Page 24 Advertisements
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Advertisement7 1992-07-14 24 The Bombay market report was not available.7 words
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CURRENCY, MONEY & FUTURES MARKETS
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1196 1992-07-14 25 REPORTS THE US dollar and sterling both dipped sharply in London yesterday morning against the German mark, which surged on a market perception that the Bundesbank might tighten monetary policy at a Thursday meeting, operators said. They explained that the perception1,196 words
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Article393 1992-07-14 25 Cross rates w 13 USS SS MS Dm Yen SFr AS NZS L'SS ***** 2.4990 1.4870 125.20 0.5189 1.3490 1.3405 1 8282 SS ***** ***** ***** 77.6193 0.3217 0.8363 ***** 1.1334 MS 0.4002 0.65 0.5950 50 1000 0.2077 0.5398 0.5364 0.7316 Dm 0.6725 1 0847 1 6806393 words
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Article530 1992-07-14 25 Interbank rates ss Bid Offer Overnight 3/4 1 1-month 2 1/16 2 3/16 2-month 2 1/8 2 1/4 3-month 2 3/16 2 5/16 Overnight mode: 1-3/8 fS$ Bid Offer 7 days 3 5/16 3 7/16 1 month 3 5/16 3 7/16 2 months 3 5/16 3 7/16 3530 words
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Article, Illustration405 1992-07-14 25 Present ERM policy only way to low inflation, healthy growth FT LONDON Mr Norman Lamont, the Chancellor, insisted last Friday that a devaluation of sterling would not achieve lower interest rates. The only way to low inflation, healthy growth, more jobs and higher living standardsFT - 405 words
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Article1450 1992-07-14 25 SIMEX 9i EURODOLLAR 9. Open High Low Sett Est Vol Act/Vol Op/Int 9< 9< Sep 92 47 96.47 96.45 96.46 3000 4446 ***** 9< Dec 92 96.04 96.04 96.00 96.02 5780 ***** ***** Mar 93 95 99 96.00 95.96 95.98 2571 4043 ***** Jun 93 95.64 95.65 95.621,450 words
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Page 25 Advertisements
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Advertisement7 1992-07-14 25 Innovation Technology in Business Times every Tuesday7 words
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COMMODITIES
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379 1992-07-14 26 AP WASHINGTON United States' sugar growers have threatened to forfeit part of their crop and default on as much as US$26O million (Ss42o million) in government loans unless the Agriculture Department props up the domestic sugar price. Sugar producers complained toAP - 379 words
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269 1992-07-14 26 Reuter MOSCOW The boss of Russia's gold industry, the world's second largest, has quit in protest against state neglect which will lead to a drastic slump in output, Rossiiskaya Gazeta newspaper said last Saturday. The newspaper quoted Valery Rudakov, head of state monopoly forReuter - 269 words
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738 1992-07-14 26 REPORTS THE PRICE of tin fell 20 sen to close at M$ 17.39 per kg on the Kuala Lumpur Tin Market yesterday on heavy selling and buyers' reserve. Dealers said the easier London Metal Exchange continued to undermine the local market738 words
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Article1725 1992-07-14 26 Rubber HAS Commodity Exdu *t( (twta rts dosii ig as at 1pm) RAS (physical prio IS) RSS 1 Contract (S cents/kg) Bnytrs T a MMrS Close Volume Open As at 12 mm <S centv'kg) Month High Low Sett (tonnes* Interest RSS 2 Aug 92 140 50 141 50N Aug1,725 words
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Page 26 Advertisements
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Advertisement652 1992-07-14 26 BUSINESS TIME S_ Toll fro© Tel No 737 0043 'Fax No: 734 -3608 f OFFICIAL NOTICE We, SETIA MARINE PRIVATE LIMITED hereby give notice that we have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) in respect of the ship "LINGCO652 words
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Article1125 1992-07-14 27 City FHgfct ETA FKgbt ETD City Flight ETA FlgM JTD 77Z ga 974 Iteta Kinabalu SO 187 1350 SQ188 0830 Am Dhabi GA893 1345 GA974 uuua MH631 1520 MH630 0950 GA982 0250 Kuala Lumpur MH629 0035 MH602 0700 §022? 2025 QF82 2205 MH640 0805 SQ102 07301,125 words
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THE TRAVEL PAGE
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Article, Illustration660 1992-07-14 27 Michael Perry - LETTER FROM SYDNEY By Michael Perry Australians in the pink of health are queuing up to join organised tours of the country's cemeteries. "It (the cemetery) comes alive. With the birds, the animals and the people, I don't think of it as morbid," says Robyn Hawes, whose660 words
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Article151 1992-07-14 27 As at 10am yesterday: Ixxal dollars to one unit of foreign curreno Currencies Bid Offer Australian dollar 1.1985 1.2148 Canadian dollar 1.3385 1.3656 NZ dollar 0.8720 ***** Sterling pound 3.0960 3.1380 US dollar 1.6100 1.6180 liKil dollars to 100 units of foreign curreno Austrian schilling 15.25151 words
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Article39 1992-07-14 27 Duration Title Venue Organiser Tel Aug 16-18 International Munich. Modc-Woche-(49) 89/5024. Fashion Fair German> Munchen GmbFI 570 (fa*) Duration Title Venue Organiser Tel Aug 16-19 National Chicago. USA Reed Exhibition <1)617/630Hardware Show C om panics 222239 words
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Page 27 Advertisements
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Advertisement39 1992-07-14 27 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations Check with your travel agent or call *****77 for more details. We know Europe from dart to Pin rath39 words
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Advertisement7 1992-07-14 27 Advertising Marketing in Business Times every Thursday7 words
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Advertisement74 1992-07-14 27 The Rescuers These are the brave men who risked life and limb to fight the Sembawang Shipyard tanker fire. How they did it, how they rescued the injured and how they fought fire on all fronts all in colour infographics today. In The New Paper. 1 i ■^^^fflH^ The Father's74 words
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Page 27 Miscellaneous
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Miscellaneous308 1992-07-14 27 completely in Latin —LJ— 4 Claim money round about j I I end of August (8) ——L—J——^ 9 Time and 10 One who didn't strike Shakespeare as a sword I I I -I I I I carrier (8) 12 About to include ceremony (4) yf—^ 13 Car to handle well308 words
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Miscellaneous160 1992-07-14 27 Singapore Outlook: Showers over man) areas in the morning. Report; Maximum temperature. 37.0 Assoc humidity 87% Minimum temperature 32.3 Assoc humidity 100% Hours of sunshine 0.00 Rainfall in mm 28.8 Rainfall this month 56.0 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Bangkok 36/25 Clear Beijing 31/22 Cloudy160 words
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Miscellaneous11 1992-07-14 27 jlb-MMtBWM Feom TVC-SWOM TPiVONG tTSi nti -Tiome ASSOCIATED NEWSPAPERS LTD.. IM2-IM211 words
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386 1992-07-14 28 Miti may restrain firms with strong sales abroad Reuter TOKYO Corporate Japan found the grass greener abroad than at home in the first half of 1992 as exports led the trade surplus towards a possible record high for the whole year. The customs-clearedReuter - 386 words
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185 1992-07-14 28 AFP TOKYO Tokyo has ordered an inquiry into the environmental policies of Japanese-owned companies overseas and urged all of them to avoid causing pollution. The move comes less than 48 hours after a Malaysian tribunal ordered the shutdown of a Japanese factory said toAFP - 185 words
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155 1992-07-14 28 AFP BANGKOK Thai Supreme Commander Kaset Rojananil has pledged that the military will not involve itself in politics and is ready to contribute to national development. *1 want the country to return to normal and concentrate on further economic development. AsAFP - 155 words
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Article, Illustration419 1992-07-14 28 Kenneth James - By Kenneth James SINGAPORE The world economy is indeed becoming tripolar, but proper discipline could ensure a welcome stability in the system, Nobel Laureate Franco Modigliani told a capacity audience yesterday. Giving the first of his two lectures as Lee Kuan Yew Distinguished Visitor,419 words
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225 1992-07-14 28 AFP SEOUL South Korea is expanding cooperation with various Asian countries in military logistics and defence industry sectors. Yun Chong Ho. chief of the Logistics Bureau of the Defence Ministry, was quoted yesterday as saying that South Korea was expanding cooperationAFP - 225 words
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382 1992-07-14 28 mge AP NEW YORK Bill Clinton entered the Democratic National Convention yesterday buoyed by a new poll showing him in a virtual dead heat with President Bush for the lead in this year's unusual three-way contest. A New York Times-CBS NewsAP - 382 words
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Article, Illustration891 1992-07-14 28 CHUANG PECK MING; CHUANG PECK MING - The Bottom Line CHUANG PECK MING CHUANG PECK MING The writer is a BT correspondent THE RETIREMENT issue has at last been put to rest. Three years of coaxing employers to raise the age to help solve Singapore's labour shortage have come to nothing. Fed891 words
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Page 28 Advertisements
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Advertisement311 1992-07-14 28 f Singapore's most popular Nitzuko V Key Telephone System J Analysts bullish about short-term outlook, Pg 6 GIVE YOUR HQ IHE EXECUTIVE iramnir worry lines leading to H >: fine lines Removed the look of Diminishedttred baggy eyes J 1 the onset of K/f stress lines Removed JB M open311 words
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Advertisement12 1992-07-14 28 Democratic convention could dampen Wall Street rally, Pg 4 Editorial, Pg 812 words
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Advertisement56 1992-07-14 28 SINGAPORE (OmfiZ Distributor of the most sought after Key Telephone System Tel: 278 7088 J CMra «NMOi ntHUUtClASiUrtrllilaW lUHIMmTMIMUKNmkNiaM UTUOftllKtbWPMtnfenMMrar M I WVMQ 1 Sou* M SUMBI MALAY** Ihi HUM GLAS& •Ua lOCMi OWIUrtU'teCWWi bMblunpw M OVMOTI4/M AIAtIAUA IMI WATCHGAUHtV >MmW« Ounmiiiid T<« 7VH7l«VSi«tt»»Bde> JOODM W-UKianil Wr«r< IMIMUUICLA»JD«rtWnd»M«HO7a)Wi«>n»ui lowOWj W56 words
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Shipping Times
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Article, Illustration496 1992-07-14 29 Dexter Lee - Four new containerships were ordered two years ago By Dexter Lee SINGAPORE UK-based P&O Containers' £180 million (***** million) investment in four new containerships two years ago has appreciated by 30 per cent even before the carrier has taken delivery of all the vessels. Mike496 words
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524 1992-07-14 29 BANGKOK Larger vessels are now allowed to call at Thailand's deep sea port of Laem Chabang Commercial Port (LCP) as part of the Port Authority of Thailand's (PAT) plan to boost its utilisation. Even so, shipping lines remain dissatisfied524 words
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878 1992-07-14 29 Page Col ABC Containerize 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo878 words
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247 1992-07-14 29 South China Morning Post HONGKONG P&O Containers is forecasting growth of less than 10 per cent in its Far East-Europe business for the whole of this year after recording 8 per cent in the first five months. Kenneth Loo, director and generalSouth China Morning Post - 247 words
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239 1992-07-14 29 WASHINGTON The Bush Administration will send implementing legislation for its proposed US maritime reform scheme to Capitol Hill in about a week. US Transportation Secretary Andrew Card, discussing the Bush Administration's 16-point deregulation and reform programme for the first time239 words
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151 1992-07-14 29 LONDON Norwegian marine equipment supplier Kvaerner Eureka has blazed a path into the highly competitive Korean newbuilding market by meeting the varying needs of shipowners in liquid cargo handling. Australia's BHP Petroleum Pty Ltd, part of the country's largest industrial corporation. Broken Hill Pty151 words
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NEWS SUMMARY
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Article63 1992-07-14 29 NEXT YEAR will see the parallel operation of four Inmarsat systems, A. B, C and M, which together span the needs of all types of maritime users. However, these systems can also be enhanced by services offered by the coast earth stations through which they are63 words
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Article33 1992-07-14 29 LORD KING is expected to announce this week that he will step down as chairman of British Airways, a post he has held for 11 vears. Back Page33 words
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40 1992-07-14 29 HONGKONG'S new governor Chris Patten on Sunday called for an end to disagreements with China over the colony's proposed new airport and said the project should go ahead as fast as possible Back Page40 words
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42 1992-07-14 29 TOYOTA Motor Thailand Co. the country's largest automotive firm, has boosted the assembling capacity for its best-selling model. Corolla, by 500 units to 2.200. as part of its effort to solve delayed delivery problems Back Page42 words
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LOG BOOK
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82 1992-07-14 30 SEOUL South Korea's largest carmaker Hyundai Motor Co Ltd will export 2,500 cars to France for the first time by the end of the year, a company spokesman said yesterday. "We received 4,000 vehicle orders from Sonauto SA, the remaining 1,500 units will82 words
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93 1992-07-14 30 LONDON British Airways Regional has launched new aircraft liveries for its three networks based in the Midlands, the North West and Scotland. British Airways Regional currently operates a combined fleet of 36 BAC One-Eleven and ATP aircraft on 23 routes in the UK and 2593 words
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Article84 1992-07-14 30 BUCHAREST Romania has set up 13 checkpoints to ensure that all river and sea-going shipping in the country is adhering to UN sanctions against Yugoslavia, the Transport Ministry said in a statement on Saturday. All river and sea ports were placed under direct ministry control to84 words
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Article92 1992-07-14 30 LINKOPING, Sweden The second Saab 2000 regional jetprop flight test aircraft made its maiden flight on July 3. The 50 to 58 seat Saab 2000 will be the fastest aircraft of its type on the market. Powered by two Allison GMA 2100 engines, it will cruise92 words
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Article96 1992-07-14 30 MARSEILLES Fos-Pacific launched a new monthly liner service from North Europe to the South Pacific islands and New Zealand at the end of June. The serv ice is operated with five Russian multi-purpose Warnemunde class vessels (of around 12,000 dwt each) and offers monthly96 words
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Article86 1992-07-14 30 BEIJING Investigators say a train crash in central China's Hubei province that killed four people was caused by stowaways who interfered with the brake mechanism, the official Xinhua News Agency reported. It said one of the farmers was killed and the other two seriously injured.86 words
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Article, Illustration1019 1992-07-14 30 With four new Inmarsat systems starting next year, coast earth stations will offer a more comprehensive service to the industry Lloyd's List Next year will see the parallel operation of four Inm a r s a t systems, A, B, C and M, which together spanLloyd's List - 1,019 words
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Article10737 1992-07-14 38 This is a list of ships loadina th t!a t l re ,or P°rts around •he world. It tabulates bv ship na ,he n 'h hC a,ne o,:,he v he dipping line indat«rand the estimated from ar u Va and de Parture the Port of Singapore legend10,737 words
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Article3037 1992-07-14 43 A.cc^™ m Shpg Agencics Pte Ltd (SyMarinc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsourcc Shpg Trdg Pte Ltd (S) Ahrenkiei Liner Service. Kim Shpg Trdg (S). A Ibarras Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred3,037 words
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Article262 1992-07-14 43 Abacus Couriers Tel: 545-8011. Fax; *****98. Air Express Travel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16. *****80. A ila f' nitrl Airs win Yfonowioc lowki Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax- *****75. City-Link International Td: 344-3377. Fax: *****50.262 words
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Article1479 1992-07-14 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed 1 Tel: 542-5911. Fax: *****18. Air Cargo Novo Express < Tel: 542-5454. Fax. *****06. Air Express International < Tel: 542-7666. Fax:1,479 words
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Article3040 1992-07-14 44 ARGENTINA Buenos Aires: Port quite; several general cargo berths available. San Lorenzo; Six vessels operating of which 3 loading pellets, 3 loading grain; four vessels anchored in roads of which 2 to load grain. 2 to load by-products. Rosario: Eight vessels operating of which 6 loading grain, I3,040 words
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Article741 1992-07-14 44 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Ranin: 45.629 dwt and built Nov 1985 Veiolme Brazil, on offer for USsl2.sm cash. Pacific Chungsam: 27.748 dwt and built Dec 1975 Hayashikane. presently 2 others inspecting. Astraguillermo: 64,500 dwt and built Nov 1989 Alianza Avcllan. ideas remain unchanged at USs22m741 words
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Article555 1992-07-14 44 ARRIVALS DEPARTURES Op Flight Type ETA T Frw Q» Flight Type ETP T To TOOAY TODAY NCA KZ203 B747F 0145 I NltT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 I BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL555 words
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Article349 1992-07-14 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait IK-p Name of Vessel ETA KID Forts of Calls Port Agent Telephone No JULY 15 15 Ascan World 0900 1800 Sin-Hkt Scmbawang Johnson Mgl 227-8284 15 15 Royal Pacific 1300 1930 Sin-P KJang Occan Trade Chartering 299-0366 17 17 Ko>al Pacific 1300 1930 Cruise349 words
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SHIPS IN PORT
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Article576 1992-07-14 45 imtd *ty Ni !■> UnW inmt 1% Hi KnM D»rtii Shan Furyu 11/92 P04 14.07/2359 15.07/1500 Mwt ima AN7(N M01 alorvside 14 07/0700 Shaplaeveret 11E P09A 13.07/2359 15.07/1100 iZJVL 2i J wS Sinar Suhmg 202 P04 14.07/1300 16.07/0600 SS 070M2 2 JZ2 14 07/«00 S" 1W92 P04576 words
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Article181 1992-07-14 45 Pwm Port On the way: Eng Huat Hock, Jintan Putih. Altesam. Pernas Propane, Hong Mao Hai, Deh Lestari. Gotten Fountain. Bangtar Gowab, Tenyoshi Maru No 4. Gaya Lima, Juta I. Due on July 13: Marine Star No 2, Permint Suria. Hock Huat, An Hai, Thana Bhum. Due181 words
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Article1655 1992-07-14 45 TmWKMli I CONTAINERS IN PROGRESS Voy No ConUren r nUle a* Voy No Cantarars av tUUt B(ten 55-260 *****2 0000 Nan Queen 14S COO(EST) *****2 1500 ll Le Havre wadaya 018E 12.07 92 0740 Boian 120HW COO(EST) *****2 1930 606 *****2 0740 Ms Asia Oeci 9229 COO(EST) *****21,655 words
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Article1084 1992-07-14 46 Sept 6-18: Seatrade Academy's Anatomy of Shipping, organised by Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-19701,084 words
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Article552 1992-07-14 46 DRY cargo freight rates firmed slightly in a quiet market on the back of Russian grain fixtures and steady US Gulf/Japan business, brokers said last Friday. The Baltic Freight Index (BFI) rose two points to 1,059. Continental, fixed a spot Panamax from the US Gulf to the Commonwealth552 words
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Article, Illustration585 1992-07-14 48 Marshall most likely to take over position NYT LONDON Lord King is expected to announce this week that he will step down as chairman of British Airways, a post he has held for 11 years. The Sunday Times ofNYT - 585 words
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205 1992-07-14 48 Reuter LONDON British Rail will continue to run Britain's railways to the end of the decade and beyond under the government's "heavily damped down" privatisation plans, the Financial Times said. The government was to spell out its plans for selling off theReuter - 205 words
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386 1992-07-14 48 Reuter LONDON Hongkong's new governor Chris Patten on Sunday called for an end to disagreements with China over the colony's proposed new airport and said the project should go ahead as fast as possible. Mr Patten arrived to take up hisReuter - 386 words
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Article, Illustration251 1992-07-14 48 HONGKONG Hongkong Aircraft Engineering Co (HAECO) has dropped plans to build a new hangar at Kai Tak airport, claiming the investment can no longer be justified. The proposal to build the hangar capable of servicing wide-bodied aircraft, was outlined in the aircraft maintenance and engineering251 words
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244 1992-07-14 48 AFP rAIPEI Taiwan has said it will try again to restore lights between Taipei and Vietnam's economic capital Ho Chi Minh City, amid un:ertainty over which airline ihould fly the route. Foreign Ministry spokesman Ouyang Jui-hsiung has said that a Taiwan delegation wouldAFP - 244 words
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565 1992-07-14 48 BANGKOK Toyota Motor Thailand Co, the country's largest automotive fum, has boosted the assembling capacity for its best-selling model. Corolla, by 500 units to 2,200, as part of its effort to solve delayed delivery problems. According to the Bangkok Post, company spokesman Mingkwan565 words
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Page 29 Advertisements
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Advertisement20 1992-07-14 29 Llmi iml itrvkn NfCMMiMI kVaMVtSb I ■mlhi §f tht MagMry if AccnitM For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090.20 words
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Advertisement198 1992-07-14 29 Nedlloyd FAR EAST TO EUROPE/ MEDTTERRANEAN CALL: 221 8969 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Datfy Fraghts 18 Indet 1 Port Conditions 16 Shipping Agents 15 SNppmg Guide 10,11 Shpsales Tanker Rates 16 Stwps m Port 17 Smgapore Tries198 words
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Page 30 Advertisements
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Advertisement82 1992-07-14 30 fife Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the82 words
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Page 31 Advertisements
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Advertisement1454 1992-07-14 31 hipping Times, Tseadny Jnly 14 IWZ OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES %l|ff# TEL: *****11 FAX: *****09 HIBWW BOOKINGS TEL: *****34 *****58 FRCCIII K TERMINAL/CFS TEL: *****18 220 LfSSSV J PESAKA JARDINE SHIPPING AGENCIES SDN. BHD. PORT KELANG TEL: *****18 FAX: *****91 *****88 kkVM PENANG TEL: *****4 FAX: *****11,454 words
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Advertisement899 1992-07-14 31 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT p3« //I 1 UNITED ARAB SHIPPING lsAGj\ IIM VSI VOY SW NYC BM. ORF SAV 15/7 H/l n/i I r«hA?ll€ II J/1 4/1 M M INMMH *1 »/l >•;* JJ J I v*.899 words
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Advertisement966 1992-07-14 31 iOHH-liHffllM' SAILINGS TO NEW YORK MAERSK V.9210 ETA Singapore 20/7/92 ETA New York 20/8/92 (VIA ROTTERDAM) lAERSK V 9210 ETA Singapore 21/7/92 ETA New York 23/8/92 Voy TiT/TT iToTfeedw by DESTINATIONS Laarort/Aries I Maren Maarsk I >359 H HHS Kelang Panang OAK LOB HOU MEM ATL MIA CHS BAL PHI966 words
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Page 32 Advertisements
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Advertisement1577 1992-07-14 32 R'DAM/ 11 VOY NO S PORE JEDOAH S'HAMTON H'BURG ANT LE HARVE I LA SEINE 25/128 16/7 24/7 8/8 4/8 3/8 1. Ml IKSIMM) I HOECHST EXPRESS 04/328 19/7 5/8 7/8 10/8 11/8 PQIT VUW fOMM I HAMBURG EXPRESS 09/129 23/7 1/8 15/8 11/8 10/8 CMflO TO tS(/CONT*On I HANNOVER1,577 words
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Advertisement481 1992-07-14 32 I EXPRESS TO PAPUA HEW GUINEA 1 MOM CHEFOO VM *7/(7 POM/MOM/MOWO/RAB LAC/MAO ALAM TALANG VM M/ 88 POM/HOM/NORO/nAB KM/LAC/WWK (LCL -I- B/BULK) T/S: ALOTAU. OKOBAY KAVENG ACCEPTMG LCL FOR MAM PORTS DISCHARGE TORT KELANG H C. TEL: 36*6701/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel spqbe m481 words
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Advertisement1571 1992-07-14 32 ra—MWA Ml REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE VSL/VOY SM ALG BCL HAM BRE ROT ANT FEL LHA (VM (VM (VM ALG) HAM) ROT) SI FREEDOM 219W 16/07 06/01 OS/OS 10/ OS 11/06 12/06 13/06 14/06 15/06 NORASM MUBARAK 9220-3 21/07 11/06 13/06 15/06 16/06 17/06 16/06 19/061,571 words
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Page 33 Advertisements
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Advertisement2224 1992-07-14 33 STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 ACCEPTS out S«LS SPORf BKOK STRAITS VCNTUtI *171 Muara. lib 14 Jtf V.014H 19-20 JUIT 22 23 UJ STRAITS STAR *10C KK. Man. T» 12-14 Ml 5 M 17 M KOTA BWTAHG J2,224 words
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Advertisement1495 1992-07-14 33 m SINGAPORE AGENT: PfiyA pAfltairkAl*C PAO Containers (Singapore Agencies) Pte Ltd X (XV/ 3 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tei 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 V. CR Number: **********0Z GOING DOWN UNDER? LOOK NO FURTHER..... JUST LOOK UNDER! Australia Straits Container1,495 words
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Page 34 Advertisements
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Advertisement633 1992-07-14 34 1 9 CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STOK MMM/MMM HWtC BRfKN MTNDV Em/o kUTMUM/32M8 19-23/7 21/t 25/1 30/1 4/9 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Subject to lnduc»m«nt. Also accepting cargo to Casablanca, Port Said, Port Alexandria, Ganoa, Triaata. WSO ACCEPTING CONVENTIONAL CARGO VIA T/S633 words
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Advertisement1418 1992-07-14 34 HANJIN SHIPPING m VSL SM LINE HAU. LGB OAK FDR VSI UK MAtt. SAV LM NVC HANANOAKLAN) OIK 18// DKCT 9/8 12/8 FISHGUARD MY 208N 15/7 K YOKOHAMA OMI 20/1 21/1 23/S K 10NMACH 03« 26 DMECT 16/8 19/8 HANJM CHEJU OMI 20/7 NNG PLENTY 02* 27/1 2S/S 31/8 HMUN1,418 words
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Advertisement1268 1992-07-14 34 Mffl AU d-I J -ITTTK pii ik mc nc ns mi db Kt w m iu «s u htc uw mm rom nr w en m I I ttNTHY MMI 14/7 IJ/7 21/7 22/7 M/ 7 27/7 21/7 M/ 7 31/7 1/1 l/l lt/0 21/1 2«/» 29/0 0/9 9/9 10/S1,268 words
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Page 35 Advertisements
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Advertisement1621 1992-07-14 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) SOK^FORAUNSSERVICES) *****00 (TOLLFREE) neA QFRVICP TERMINAL OFFICE 2212UZ2 y?R EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 MK UK/EUROPE SERVICE (TOLL-FREE) EXPORT CFS F9: *****53/*****50 AUST/INDIA/PAK SERVICE «3,™. J.B«hnHo7) NOL AGENCY INDONESIA Jakarta (21) *****45/54. Surabaya (31) *****2/546. Semarang (24) *****6,1,621 words
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Advertisement1119 1992-07-14 35 m SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUM)—DtSCHAAQNG WESTBOUND—IQAONC TRMCHTTO) WA ROTTERDAM ««■> WW II1,119 words
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Page 36 Advertisements
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Advertisement1487 1992-07-14 36 K-W AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD ICR No: **********0 M) W V V A TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****07/^9 i I M MALAYSIA: *K* UNE MARTTIME (MALAYSIA) SON BHD 1 M JL# TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1 KAWASAKI KISEN KAISHA, LTD INDONESIA: P.T. SARANA1,487 words
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Advertisement941 1992-07-14 36 PHIU-ORKNT LIN€S PT€ LTD <#=% 108 Robinson Road *07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** FAX: *****76 222€>238 CTjO BY AIR, LAND OR SEA.... L^\ M WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION .*1 AUSTRALIA/NEW ZEALA!ND/%OUTH PACIFIC FCULCL SERVICE 11941 words
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Advertisement286 1992-07-14 36 GOLDEN LINE A \&(?V GUAN SHIPPING iFvJ/TX (PTE) LTD W w*• 23. IcM hjti Street StKiAPOK 0104 TIL ***** M (10 IMS) fit *****04 <C* N* **********0*) STRAITVPERSIAM GULF SEHVICE S pore P Kelang Penan# COUKN JIM Karact Du!u. Dammar* IS/20 hi GOIOtN MHU Karachi Dubai Dam H 21 M286 words
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Advertisement2086 1992-07-14 37 supping TlmM, TMM»y Jiy if iwz PACIFIC INTERNATIONAL LINES (PTC) LTD SSBB»M IH 140 Cecil Street. #03-00 PIL Building. Singapore 0106. T«l: *****33 CR NO: **********06 [HKlZirSi VtBBCLVOY SIN IKK MM VtSSE b«, U.MW 127 il "OTA tUMA KSR27N 16/7 W7 WT EQUATOR HAWK 32N 7/1 ?fl 25/7 EQUATOR CRYSTAL2,086 words
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Advertisement840 1992-07-14 37 p P GUOANG PENANG P KELANG OCEAN VSL/VQY SJN SOU 1) RTM (2) HAM (3) GOT (4) IoA7 10/7 TTT? TOYAMA 2272 14/7 31/7 2/8 3/8 5/8 E ITTt 17/7 18/7 AROSIA 2282 21/7 7/8 9/8 10/8 12/8 Q *24/7 24/7 28/7 NIHON 2292 28/7 14/8 16/8 17/8 19/8 E840 words
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Advertisement286 1992-07-14 37 NIGERIAN NATIONAL taA SHIPPING LINE NIGERIA EXPRESS SERVICE RIVER IKPAN VS2 SINGAPORE 24 Juty ETA Lagos 15 Aug Port Hareourt 17 Aug Calabar 19 Aug ACCEPTING B/BULK AND CONTAINERS I BSA° I TRANSPORTATION M MYANMA PA FIVE STAR LINE W (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen286 words
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Page 40 Advertisements
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Advertisement2788 1992-07-14 40 Conventional Semi-Container Full Container Liner Sendees Liner Services CMMfj/Jfgari; fMtfef M§sa(i: CjmittAfmtt: I—kit JfMfT 58 Penmnri Hap Mudx Musa 2U Mm Komi H*r J Ylck Feng Shipping awt***'**** Costar Shipping Mb LM »*<•»*»** am tmo on na* n*. sent* ***** u. TSnxw/x,™ Enterprise Cn Ltd CemtnS+BM PfLU (West AJrea only)2,788 words
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Advertisement359 1992-07-14 40 SAMUDERA INDONESIA (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE aM Singapore 0106 T»»*x: R*****0 T«l: *****81-3 Fm: 225 4939. *****36 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 BM/JAK SERVICE VESSEL VOY SIN JAK DERAJAT 990 15/07 (WED) 18/07 (SAT) LAWANTI 969 15/07 (WED) 18/07 (SAT) MERKUR DELTA 931359 words
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Page 41 Advertisements
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Advertisement507 1992-07-14 41 (f£ famous container lines 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PIREAUS 19/7 ROTTERDAM 19/7 HAIFA/ASHDOO/ALEXANDRIA 19/7 HAMBURG/BREMEN 19/7 MARSEILLE/FRANCE 19/7 FELIXSTOWE/UK 19/7 BARCELONA/SPAIN 19/7 LEHAVRE/ANTWERP 19/7 GENOA/ITALY 19/7 GOTHENBURG/SCANDINAVIA 19/7 10S ANGELES/WC/IPI 19/7 SYDNEY/MELBOURNE 15/7 NEW YORK/EC 19/7 f REMANTLE/ADELAIDE 16/7 VANCOUVER 19/7507 words
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Advertisement811 1992-07-14 41 G2FI RICHFItL?nniTcScIt^)TT^D KU TEL: *****33 (12 LtaM) |=l FAX: *****18/*****03 TELEX: R8 ***** RISMP (3 LiftM) m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AMD CONVENTIONAL VESSEL VOY ETA ILOAOMOFOR worn ABYOT 29W8 2t'o» DARESSALAAM. MOMBASA OJBOUTI ASSAB. MASSAWA NETSANET mm JO/Ot DARESSALAAV MOMBASA. OJMOUTI ASSAB. MASSAWA g811 words
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Advertisement839 1992-07-14 41 MM MUM 149S 15/07 16/67 MAMA MUM# lIW OM 15/07 M» 19/07 1 BENMBHUM 356 If/07 21/07 MM BWM 33N Fti 17/07 Ml 20/07 |l NANA BHUM IMS 22/07 2V07 WMTA BHUM MH SM 16/07 OM 22/07 [jfl PITA MUM*## 242* MM 20/07 Tta 23/07 19 mi «5 WM BHUM839 words
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Advertisement1281 1992-07-14 42 groupage 11 HKG/TWN/BKK |GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 15/7 16/7 17/7 Honf Kong Ldn/Fli/Rdm/Ant 19/7 20/7 21/7 19/7 20/7 21/7 Hong Kong G'bwg/Clugon/S'holm/OsJo 19/7 20/7 21/7 22/7 23/7 24/7 Hong Kong Pr-us/Gonoa/Triostt 24/7 25/7 26/7 a,/, JPN/BUSAN/MANILA 17/7 28/7 29/7 M Tokyo/Kol* 19/7 20/7 21/7 17/7 18771,281 words
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Advertisement234 1992-07-14 42 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SSI ML IT! SH N Z STAR ¥0524 17/7 2S/7 31/7 17/1 PKMER VI9S 30/7 11/1 13/1 30/1 MUUBM 2tS 14/t 2S/I 21/1 14/9 FULLY CONTAINERISED SAILINOS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH. NAPIER.234 words
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Advertisement1066 1992-07-14 42 THONG SOON UNES PTE. LTD. Jgg 77 ROBMSON ROM) #IS-00, #18-00 SM BULDMG SMGAPORE 0106 TEL: ***** M FU NO: *****11, *****22 ■Br TIX RS ***** CMHO, RS ***** JENHOL CABLE: TOSOCO SINGAPORE TO WEST MALAYSIA una Ivor leto libt *«a nt store Ip. hmo KM SOON LI 62/92E 181,066 words
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Advertisement131 1992-07-14 44 UP* .jttSh LIVING IT iS EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive alter that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or131 words
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Advertisement10 1992-07-14 45 Don't miss Personal Finance Investment in Business Times every Saturday10 words
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Page 45 Miscellaneous
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Miscellaneous428 1992-07-14 45 TIDES AND WEATHER TODAY'S TIDES (frit in metres) HOUR 0000 0100 0200 0300 0400 0500 MOO 0700 0800 ************************************************************ JR 2.6 11 1.7 1.2 08 0.6 0.5 06 0.8 1.3 1.8 2.1 2.3 2.2 1.9 1.5 12 1.1 1.1 1.4 18 2.3 28 3.0 Pf 26 2.2 1.7 1.2 0.8428 words
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Advertisement424 1992-07-14 46 LIAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO BHANTOU 2 SAILINGS PER MONTH VESSEL ETA ETD VOY424 words
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Advertisement347 1992-07-14 46 Jl cosco UKC CONVBmOMAL ICWVICC VESSEL PKL PNG P O. LOADING FO« A VESSEL 28/06 Rotterdam/Antwerp CHMiA CONVEWTTONAi. gggg VESSEL PKL PNG P.O. LOADING FOB OtNG WONG 12/07 Guangihou/Huangpu COSCO FULL COWTAJHEW «£WVICE» (FCL/FCM EXPORT TO: CHMA/BANGKOK/HONGKONG EUNOPE/C ONTINENT AL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer347 words
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Advertisement302 1992-07-14 46 Appointment Ads Help You Find The Right Candidate JSODtSGXfI 800 Australia Now Zealand MMcM Weekly LCL Consolidation CARGOFLO A Singapore-Australia Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand C f V Auckland Wellington Lyttleton f J Hew Plymoutli Napier Chrletchurch M- joi i=itseiSSi S» Tel: *****88 W VA/ mjmm Fax: *****83302 words
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Advertisement131 1992-07-14 46 OCEAN LINES SINGAPORE SINGAPORE COLOMBO FCI/LCL FREIGHT COLLECT AND PREPAID ARE WELCOME We also accept cargo for offer destination worldwide Co-loaders Are Welcome |iikii|/SilH H||^ SMBUORE: Tit 542 7033 Fac 545 4827 Antes Tet 744 8330 Fax: *****95 Bmon Tit 447 2667 Fac *****12 Mcky COLOMBO: Tat *****3M***** Fac *****6131 words
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Advertisement1143 1992-07-14 47 i Mpyg iimn, lucwisy «uy u im I HYUNDAI I MERCHANT MARINE CO. LTD. *VM FEEDER PACIFIC SOUTH-WEST SERVICE ra>» I PKE* I pgr I ar tousa wt kao lbh oak pmvhou ch slu wrc 14/07 01/07 10/07 17/07 H. CHALLENGER 52E 24/07 10/01 13/01 13/01 14/08 14/01 10/01 21/071,143 words
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Advertisement441 1992-07-14 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST M RO-RO t HEAVY LfTS WOUM VESSELS VESA NT n IK HI trms mm «i a* mn KCCUS 1 SLD 11/7 CMK TRAM MM 11/7 asm ami im wi mi Slum wh 1 ti/l »/t CUM TRIM M 21/7 U/ 7 Ml MEM 71 11/7441 words
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Advertisement968 1992-07-14 47 v w r I V I I 4 SERVICE CALLS SINGAPORE SF I nT. Ir Pr«"" DIRECT EVERY tmmm <>« n/«7 nun —a mm i»n/»7 m/m m/m mm mm mm mm mm nm WEDNESDAY A I —i hw ivn Mi«nai wctmh ij7ct ntv»7 mm um 12m um um um um968 words
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Advertisement124 1992-07-14 47 BINTANG MAS SHIPPING PTE. LTD. 39 NOL ROM) SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 team ran of cjmgo rrrn. kshmtob MTMB SUM n« 11-14 M Hk IM. OM ■RINK KIMT VIK IC-17 M 11 1* M Mfc IM M mastr hml n« zi n m n-» m124 words
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Advertisement60 1992-07-14 48 E Every Saturday in Business Times I —-i "fte Etecu-kiue Housekeeper -(his hotel J O«, I wants >s me. Bob I'll never neglec4 L_ Any Job. Any Career. Available any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN60 words
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Advertisement9 1992-07-14 48 PERSONAL FINANCE II INVESTMENT Every Saturday in Business Times9 words
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