The Business Times, 15 February 1994
1994-02-15
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The Business Times
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Title Section12 1994-02-15 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday February 15 1994 75«12 words
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2am LATEST
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Article33 1994-02-15 1 Reuter NEW YORK Wall Street stocks yesterday extended their rally into midday trading. At lpm EST, the Dow Jones Industrials Average was up 18.29 points at 3,913.07. RcutcrReuter - 33 words
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Article58 1994-02-15 1 Reuter LONDON Names, the individuals who back Lloyd's of London, last night rejected a £900 million (552.08 billion) compensation offer for some of the £5.5 billion losses announced by the market in the past three years. Lloyd's said that only 38 per cent of NamesReuter - 58 words
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Article161 1994-02-15 1 Stock Market indices Moaday Change STII 2.341.98 +0.38 KLSEComp 1.093.30 -15.42 Nikkei 19.459.25 -531.45 Hang Seng 10.988.81 -515.22 SET Index 1.422.20 +5.86 Jakarta Comp 586.75 +0.13 CLSA China B 1.225.88 -29.67 Aust All Ord 2.238.6 -2.8 FTSE 100 3.363.5 -15.4 Moaday Previous I pm close Dow Jones 3,913.07161 words
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Article, Illustration585 1994-02-15 1 Anthony Rowley - From Anthony Rowley in TOKYO THE breakdown of trade and economic talks between the United States and Japan last Friday triggered strong reactions in both the currency markets and the Tokyo stock market yesterday. And analysts have warned of worse to come.Source: Bridge Info - 585 words
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237 1994-02-15 1 AP, Bloomberg Business News, AFP WASHINGTON President Bill Clinton said yesterday he's reviewing a range of possible retaliatory trade sanctions against Japan in the aftermath of last week's collapse of trade talks and the White House said the first move could comeAP,; Bloomberg Business News,; AFP - 237 words
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Article, Illustration360 1994-02-15 1 SINGAPORE Sharp falls in share prices in Tokyo spilled over to other Asian markets yesterday, with Taiwan and Hongkong the hardest hit. But Singapore's blue chips were spared, with the benchmark 30-stock Straits Times Industrials Index even inching up fractionally, by 0.38 ofSource: Bridge Info - 360 words
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589 1994-02-15 1 Maggie Ford - From Maggie Ford in JAKARTA A BANKING SCANDAL has erupted in Indonesia, implicating former ministers and a son of President Suharto in allegations of the improper use of influence over state banks. The scandal follows revelations in the Indonesian Parliament that Bapindo, the stateowned589 words
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598 1994-02-15 1 Leslie Lopez - From Leslie Lopez in KUALA LUMPUR THE Malaysian central bank has relaxed its rules on share investments by commercial and merchant banks. Bank Negara said in a circular that the banks could now extend their investment in shares to ail counters598 words
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Article311 1994-02-15 1 AFP. Reuter BANGKOK Thai Airways International had net profits of 1.09 billion baht (5567.8 million) for the last three months of 1993, a nine-fold jump over the same period a year earlier, the airline said yesterday. The report sent Thai Airways stock soaring. It jumped 4.75AFP.; Reuter - 311 words
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Page 1 Advertisements
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Advertisement70 1994-02-15 1 ThtWorid't SmiM3Smni Auto Focub Zoom Camera Af/Jron ZGPM3GDQD CONTENTS M«wt CtmpMtn S pore News 2 S 13.14.15 Reponai News 3.4 Fnancial 16.17 World News 5 Feature Markets Analysis 11 Clob/KISE. S£S 2&22 Editorial 10 Regional 18 Sports 8 World 19 TV/Lifestyle 7 Currencies 16 Property 9 Smw/Coßimo .16,17 SafescriftiM Tel70 words
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Advertisement8 1994-02-15 1 Property: Pg 9 Landed property prices still rising8 words
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Advertisement32 1994-02-15 1 Hock Lock Siew: pg 13 /y Jakarta needs more than roadshows Analysis, Pg 11 A rocky relationship gets even rockier A matter of principle Bottom Lime, Pg 12 Pressuring Japan is counter-productive32 words
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Advertisement9 1994-02-15 1 Market Watch: The Year of the Bulldog? Pg 149 words
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Advertisement127 1994-02-15 1 The Bottom Line: p g 12 Japan won't work Thi Worth SmM&rnn Auto Foeui Zoom Cmn ZQPM3GDQD Cooperation in aerospace industry never been more critical: aviation leaders. Full report, turn to Shipping Times Pg 20 n ip (artier Boubqje/ SINGAPORE Nqm AmCßy.Towerß.fOl -11,381 Orchard Road Ifct *****27 Hmon Mmmltmt, #01-04.127 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration277 1994-02-15 2 Abdul Hadhi - By Abdul Hadhi ADVERTISEMENTS for resale residential properties in The Straits limes totalled 44,504 in January 11 per cent more than in December and twice as many as a year ago. The biggest month-to-month jump was in ads for private apartments. The count soaredSource: ST Classified Ads - 277 words
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474 1994-02-15 2 Chuang Peck Ming - By Chuang Peck Ming ANALYSTS expect the Singapore economy to grow about 7 per cent this year, though Senior Minister Lee Kuan Yew had said on Sunday that "we should be satisfied if we can achieve 6 per cent growth".474 words
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351 1994-02-15 2 Ramesh Divyanathan - By Ramesh Divyanathan THE former general manager of building materials firm Colour Touch said in the Subordinate Court yesterday that he was betrayed by a Colour Touch director, his own sister and his nephew. Tan Check Soon, 43, also351 words
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Article, Illustration109 1994-02-15 2 Text and photo by Arthur Lee TIMES The Bookshop, Singapore's largest bookstore chain, has taken the initiative to give its customers a taste of what the Goods and Services Tax would be like by introducing new tags displaying two prices one current and theText and photo by Arthur Lee - 109 words
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345 1994-02-15 2 Abdul Hadhi - By Abdul Hadhi FORTY-FIVE former employees of liquidated local company Bethlehem Singapore Shipyard (Bethsing) have won their almost six-year-old court case for higher retrenchment benefits. Justice Warren Khoo of the High Court ruled in their favour last week, saying he allows the plaintiffs"345 words
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Page 2 Advertisements
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Advertisement204 1994-02-15 2 Q OMEGA The sign of excellence. Coopers Budget And &Lybrand Tax Update Seminar MONDAY 28 FEBRUARY 1994 BALLROOM 3, PAN PACIFIC HOTEL 4.00 PM TO 6.30 PM How will the 1994 Singapore Budget affect you and your business? What will be the impact of the proposals put forward by the204 words
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Advertisement339 1994-02-15 2 St US mf mm Blf nln 18 HI If mr?l fy 4 A Golden Start To A| jGolden Y ear; •»"r |jty| <V aste gold at Concorde Hotel this Lunar New Year. From Yu Sheng to our A La Carte menu, almost all dishes at Xin Cuisine will be topped339 words
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SOUTH-EAST ASIA
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352 1994-02-15 3 MBT KUALA LUMPUR Malaysian entrepreneur Eugene Campos is set to head a consortium to undertake an estimated MS 1.2 billion (SS6B9 million) water supply project in the Philippines. A memorandum of understanding (MOU) for the build-owji-operate project to improve the water supplyMBT - 352 words
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351 1994-02-15 3 Bernama KUALA LUMPUR Oil royalty payment and apportionment is governed by the production sharing agreement and Petronas does not get 90 per cent royalty as claimed. Petronas* president Azizan Zainul Abidin said yesterday that there existed some misconception among the public on the paymentBernama - 351 words
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Article, Illustration429 1994-02-15 3 The Straits Times JAKARTA Singapore yesterday pledged support for Indonesia's leadership of the Asia-Pacific Economic Co-op-eration (Apec) forum and the Non-Aligned Movement (NAM) during a meeting here between Singapore Foreign Minister SJayakumar and his Indonesian counterpart Ali Alatas. Speaking to TheThe Straits Times - 429 words
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536 1994-02-15 3 AFP JAKARTA Indonesian businessmen, despite the obvious concern of their government, view with apparent indifference the threat of the impending withdrawal of trade privileges by the United States. In June, Washington gave Jakarta until today to improve workers' conditions or risk losing some US$lAFP - 536 words
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411 1994-02-15 3 AP MANILA The Philippines could lose foreign investors to Vietnam if it does not improve the investment climate by liberalising the economy, American business executives said yesterday. "If (the Vietnamese) liberalise faster than the Philippines and end up having less bureaucracy,AP - 411 words
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229 1994-02-15 3 AFP MANILA Philippine business firms are generally upbeat on prospects for the first half, though concerned over an expected rise in production costs, according to a Central Bank survey released here yesterday. The survey showed that 50.4 per cent of respondentsAFP - 229 words
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413 1994-02-15 3 MBT KUALA LUMPUR USbased engineering and construction giant Bechtel International has set up a consortium with three other companies to bid for the engineering, procurement and construction (EPC) of Petronas' sour crude train refinery in Malacca. The otherMBT - 413 words
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258 1994-02-15 3 Bernama KUANTAN Capitalintensive industries are mushrooming in Pahang as investors are attracted to the excellent infrastructural facilities in the state, Mentri Besar Khalil Yaakob said yesterday. Mr Khalil told Bernama that some of the investors had selected Pahang over the other statesBernama - 258 words
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Page 3 Advertisements
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Advertisement43 1994-02-15 3 Editorial: GSP is not for bullying, Page 10 Business Times WEKNOWASIA Address m Customer Relations Section Circulation Department jlllf Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax: News Centre Singapore 1334 ijgߣgPS3s{j»jffgg jl|f Tel 1800-749 2577 Fax 744 4875 Tel (O) (H)43 words
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REST OF ASIA
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498 1994-02-15 4 Schutz Lee - By Schutz Lee SINGAPORE China absorbed US$lO.6 billion (5516.8 billion) worth of electronic goods from the rest of the world last year, an increase of 32 per cent over 1992, the official China Daily reported on Sunday. Imports of electronic goods accounted for498 words
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286 1994-02-15 4 AFP BEIJING Industrial production in China skyrocketed 33.2 per cent in January over the same month a year earlier, according to government statistics cited on Monday by the China News Service. The increase came despite a recent government announcement that itAFP - 286 words
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340 1994-02-15 4 Reuter, AFP SEOUL The broad-based Korea Federation of Trade Unions (FKTU) is seeking wage hikes of between 6.6 and 10.8 per cent this year, following a 5.8 per cent consumer price increase in 1993. The umbrella organisation of labour unions willReuter,; AFP - 340 words
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Article, Illustration44 1994-02-15 4 AFP BEIJING A young couple pays no heed to Ronald McDonald after a Valentine's Day breakfast here yesterday. Valentine's Day is celebrated by more Chinese as their country opens up to Western influences. AFPAFP - 44 words
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ASIA NOTES
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Article78 1994-02-15 4 Reuter NEW DELHI Germany agreed to give India soft loans and grants totalling 380.2 million marks (*****.7 million) for industrial and social projects, an Indian government statement said yesterday. Indian Finance Minister Manmohan Singh and Germany's Minister for Economic Cooperation and Development, Carl-Dieter Spranger.Reuter - 78 words
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Article, Illustration49 1994-02-15 4 AFP DONG KY. Vietnam A procession of men carrying a huge firecracker during a festival on Sunday at Dong Ky village, some 20 km north-west of Hanoi. Clans from five different villages got together to compete for the most powerful firecracker with the loudest explosion. AFPAFP - 49 words
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85 1994-02-15 4 Reuter BEIJING China has started exporting motorcycles to South Korea, the China Trade News said yesterday. It said a South Korean trading firm had imported 1,160 50cc machines from China Jialing Motor Cycle Factory in Chongqing, which uses technology provided by Honda Motor Co.Reuter - 85 words
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74 1994-02-15 4 AP MANILA Foreign Secretary Roberto Romulo said yesterday the Philippines did not violate the "one-China" policy when President Fidel Ramos met Taiwanese President Lee Teng-hui last week. Mr Romulo spoke with reporters after his office received a copy of the formal protest letter received byAP - 74 words
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225 1994-02-15 4 Reuter BANGALORE. India Militant Indian farmers are threatening violent attacks on foreign computer firms in the southern city of Bangalore, saying multinational companies damage the nation's sovereignty. M D Nanjundaswamy. leader of the Raitha Sangha farmers' association, said yesterday it would take "direct action" similarReuter - 225 words
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253 1994-02-15 4 AFP NEW DELHI India expects to receive "very soon" secret Swiss documents relating to alleged kickbacks paid by the Swedish arms firm Bofors to clinch a lucrative artillery deal in 1986. Political parties here yesterday welcomed the development as a major step towardsAFP - 253 words
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261 1994-02-15 4 AFP MELBOURNE Blood exports from here to South-east Asia and Hongkong will increase sharply following the opening yesterday of the largest blood processing plant in the southern hemisphere. Australian Health Minister Graham Richardson said the new Commonwealth Serum Laboratories Ltd (CSL) factory could boostAFP - 261 words
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663 1994-02-15 4 Reuter BOMBAY Indian foreign exchange dealers cautioned the government against allowing the rupee to strengthen as a result of its currency reforms, arguing that this could hit exports and staunch the inflow of foreign funds. Since floating the rupee aReuter - 663 words
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394 1994-02-15 4 Reuter SYDNEY A strike by about 500 Australian stevedores at the port of Sydney began closing port operations in Melbourne and Fremantle yesterday and threatened to spread nationally as unionists defied company warnings. A dockers' company spokeswoman said while the strike had shut down operationsReuter - 394 words
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Page 4 Advertisements
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Advertisement208 1994-02-15 4 Call *****60 (English) or *****90 (Mandarin) by using any telephone, you can get the real-time information for any Shares in SES from anywhere and any time. (j) Key-in your Account Number. (2) Key-in your PIN Number. (3) If you Account Number and PIN Number are confirmed, you will get the208 words
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THE WORLD
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500 1994-02-15 5 Reuter LONDON UK producer price data for January show that inflationary pressures at the production level remained subdued last month, providing financial markets with encouraging news, economists say. "The data show inflation is quite subdued. That is good news," said Robert Barric, UKReuter - 500 words
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334 1994-02-15 5 Reuter LONDON Groups betting that Britain's new national lottery will prove the biggest and richest in the world formally handed in tenders yesterday for the operator's licence. The stakes are high. Britain's first national lottery for more than 150 years isReuter - 334 words
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WORLD WATCH
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Article108 1994-02-15 5 Bloomberg Business News LONDON Russia is experiencing a population crisis with a sharp rise in its death rate and a falling birth rate, the Financial Times reported. Last year alone, the death rate jumped 20 per cent with the average age for male mortality sinking toBloomberg Business News - 108 words
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Article, Illustration59 1994-02-15 5 AFP BAGHDAD An Iraqi mourning on Sunday in front of the picture of his wife and two daughters killed in the A 1 Amiriya shelter during the Gulf War. The shelter was bombed by US aircraft and 405 women and children were reported killed.AFP - 59 words
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102 1994-02-15 5 Bloomberg Business News LONDON A survey by the British venture capital group 3i shows that optimism among British medium-sized firms has strengthened to its highest level in six year, the Independent newspaper reported. Two out of three companies have plans to invest in aBloomberg Business News - 102 words
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277 1994-02-15 5 AP CARACAS, Venezuela Banco Latino seemed a depositor's heaven. It had more branches here than anyone, more services, far higher interest rates and, best of all, the confidence that comes from being an institution closely connected to the country's most powerful industrialists andAP - 277 words
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275 1994-02-15 5 Reuter LONDON Prime Minister John Major yesterday defended his "back to basics" moral crusade against an avalanche of parliamentary scandal. A string of top Conservatives has been disgraced since Mr Major launched his appeal for a return to traditional values. OneReuter - 275 words
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Page 5 Advertisements
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Advertisement27 1994-02-15 5 s Cocktails clean 11am lam m ■T Italian Restaurant Bar Singapore's Biggest And Most Outrageous! At the corner of Bras Basah and Beach Roads HH|§ SgHL Ssaaasa®27 words
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Page 6 Advertisements
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Advertisement680 1994-02-15 6 M Nothing Beats A Bud. IVH^I OF GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert. Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK *****1-03 ROYALVILLE680 words
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Advertisement230 1994-02-15 6 WHERE TO WINE, DINE AND ENTERTAIN sejtsau XIAN FOOD FESTIVAL (February 14 to 27) ■lijjr- 'I if Famous Xian cuisine prepared by a quintet of Xian chefs, flown in by SflkAir a Cafe Plaza Buffet Lunch 4 Dinner Adult: $18.50~ Child $12.00 1 1 A la carte Xian dishes for230 words
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Advertisement339 1994-02-15 6 Enongko Enomiglio Enoiigk. 'Enough is enough. 'Hfien our guests start on the appetiser spread at our monthly international lunch buffet, they never finish. In fact, they aliuays end up conceding that tfuy ve had more than enough. Come try it to believe. for reservations, please call *****51. {"if Singapore* Scandinavian339 words
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LIFESTYLE
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Article, Illustration672 1994-02-15 7 Shahiron Sahari - Michael Hutchence speaks to Shahiron Sahari about INXS' unusual brand of music Shahiron Sahari INXS, says its charismatic sex symbol frontman Michael Hutchence, is a band that defies description. "We're an unusual band, we're not conveniently categorised," said Hutchence in a phone interview from Canberra, where the Australian672 words
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Article, Illustration617 1994-02-15 7 CHATTERBOX AP AP AP Reuter AP WHY would a promising young screen beauty pile on hot latex makeup every day to play the mother of a woman only a few years younger than herself? For Joan Chen, 31, the meaty supporting role in Oliver Stone's HeavenAP; Reuter - 617 words
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Page 7 Advertisements
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Advertisement117 1994-02-15 7 A toast to Sunday. Now when you brunch at Capers you'll find more than sumptuous Asian and Continental favourites for only $32 per adult and $16 for children under 14. The $55* Champagne Brunch includes a bottle of the bubbly for two. Cheers! the I OZg&nt I V Singapore A117 words
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Page 7 Miscellaneous
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Miscellaneous1296 1994-02-15 7 TV RADIO dons 'Jfl^HH^^^HH good guy's boots time cop who gets trouble he stumbles on a on enemy agents so that they won't know they've been interrogated. *&r Keepers of the Wild, 9pm, sbc 12 producer son Argo actress Glenn Close take a look j*JWt v.". ten keep- W ers1,296 words
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SPORTS
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SIDE LINES
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103 1994-02-15 8 AP MELBOURNE Texas-based Steve Elkington has withdrawn from this week's Australian Masters golf championship, citing a bronchial infection, organisers announced yesterday. Elkington's withdrawal, which follows that of Zimbabwean Nick Price, leaves six-time champion Greg Norman the only regular US PGA Tour player in the fieldAP - 103 words
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101 1994-02-15 8 AFP TENERIFE, Spain David Gilford's final round of 70 won him the Tenerife Open here on Sunday and took his earnings passed the £1 million (552.32 million) mark. The 27-year-old Englishman took the title here at Golf del Sur with a 10-under-par total of 278.AFP - 101 words
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134 1994-02-15 8 Reuter BRIDGETOWN Seamer Alan Igglesdon gave England some comfort in their predictably drawn match against Barbados on Sunday but injuries have left them with a considerable headache ahead of the international matches. Igglesdon's double strike to remove both openers in the Barbados second innings onReuter - 134 words
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126 1994-02-15 8 Reuter NEW DELHI A young Indian cricketer has broken a 73-year-old world cricket record by scoring an unbeaten 245 on his debut in first class cricket, the Press Trust of India (PTI) said. Amol Muzumdar, 19, playing for Bombay against Haryana in a RanjiReuter - 126 words
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Article53 1994-02-15 8 AFP MEMPHIS, Tennessee Todd Martin beat fellow-American Brad Gilbert 6-4, 7-5 in Sunday's Memphis ATP tournament. Martin, ranked ninth in the world, won the second pro title of his career and the US$llO,5OO <S$ 175,700) first prize, by beating the two-time former champion 6-4, 7-5 inAFP - 53 words
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SCORE CARD
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Article, Illustration159 1994-02-15 8 AFP AFP LOS ANGELES LA Open final round Sunday (US unless noted): 271 Corey Pavin 67 64 72 68 273 Fred Couples 67 67 68 71 277 Chip Beck 66 71 72 68 278 Brad Faxon 67 74 71 67 279 David Frost (SA) 67 74 71 67 280AFP - 159 words
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Article, Illustration36 1994-02-15 8 Reuter NEW YORK NHL Sunday: Philadelphia 0 Pittsburgh 3; Buffalo 3 Dallas 5: Edmonton 3 Anaheim 6; San Jose 1 Chicago O. Florida 2 Vancouver I; Tampa Bay 3 New Jersey 3 (OT). ReuterReuter - 36 words
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Article, Illustration55 1994-02-15 8 AFP AFP AFP MEMPHIS, Tennessee ATP tournament final Sunday: Todd Martin (US) b Brad Gilbert (US) 6-4 7-5. AFP MILAN, Italy Milan ATP tournament final Sunday: Boris Becker (Ger) b Petr Korda (Cze) 6-2 3-6 6-3. AFP CHICAGO, Illinois WT A tournament final Sunday: Natalia Zvcreva (Bcla) b ChandaAFP - 55 words
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Article, Illustration517 1994-02-15 8 Golf AP LOS ANGELES Corey Pavin spotted Fred Couples up to 56 m off" the tee, but beat him on the greens and scoreboard on Sunday in their match playlike showdown in the Los Angeles Open. Pavin scored his first US PGA TourAP - 517 words
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557 1994-02-15 8 NYT MINNEAPOLIS Scottie Pippen already had three championship rings. On Sunday, he added a different trophy to his collection. Pippen won the most valuable player award of the 44th annual NBA All-Star game, leading the Eastern Conference to a 127-118 victory overNYT - 557 words
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Article, Illustration965 1994-02-15 8 XVII Winter Olympic Games AP LILLEHAMMER, Norway American Tommy Moe dashed Norway's gold medal hopes in the men's downhill on Sunday. But Johann Olav Koss revived Norwegian spirits by setting world and Olympic records as he led his team to a one-two finishAP; AFP - 965 words
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Article, Illustration928 1994-02-15 8 George Vecsey - George Vecsey wonders if it is wise to put Tonya and Nancy under the same roof George Vecsey NYT HAMAR, Norway First they let Tonya skate. Then they let her practise on the same ice with Nancy. Now they're lettingNYT; AFP - 928 words
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Page 8 Advertisements
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Advertisement251 1994-02-15 8 BUSINESS TIMES TOLL-FREE TEL. No. 1-aOO-74t-IM3 PAX Ml-HM GO AUDITOR-GENERAL'S OFFICE TENDER NOTICE Tenders are invited for the provision of consultancy services to carry out the following organisational reviews: Organisational Review of the Public Works Department Tender No.: AGO/001/01/94 Closing Date/Time: 8 March 1994 at 12.00 noon Organisational neviewoftho Primary251 words
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PROPERTY & CONSTRUCTION
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523 1994-02-15 9 Abdul Hadhi - Bungalows lead with a 29pc gain between June and December last year, reports Abdul Hadhi Abdul Hadhi PRICES of landed residential properties in Singapore's resale market continued to rise in the second half of last year, according to transaction figures compiled by Singapore523 words
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284 1994-02-15 9 Abdul Hadhi - By Abdul Hadhi INVESTMENT sales in the local property market for the last quarter of 1993 totalled SI.S9 billion, almost double that of the previous quarter. According to JLW Research, residential properties accounted for 78 per cent of total sales and included284 words
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REGIONAL SKYLINE
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Article62 1994-02-15 9 Bangkok Post THAILAND Sino-Thai Engineering Construction Pic (Stecon) has dropped its plan to tap the Vietnamese market as it feels that Vietnam is not ready for foreign investors. Sources say the company has decided to limit expansion to Thailand. Early last year, Stecon was reportedly studyingBangkok Post - 62 words
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92 1994-02-15 9 Australian Financial Review SYDNEY Hongkong media magnate Sally Aw Sian has sold one of the largest properties in Sydney's Chinatown, Dixon House, for As 7 million (557.9 million). The buyer of the 4,000 sq m building is believed to be a Hongkong group. In theAustralian Financial Review - 92 words
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60 1994-02-15 9 HONGKONG A deal between Hongkong Resorts International and China's Citic Pacific is expected to cause a surge of investment activity on the island of Lantau, says Sunday Morning Post. The partnership's holdings on Lantau should rise in value as a proposed tunnel connecting60 words
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59 1994-02-15 9 HONGKONG Several of the world's biggest design and construction firms are among seven consortia shortlisted to tender for Hongkong's HKS3.S billion (SS7OO million) Ting Kua bridge project, says South China Morning Post. Companies bidding include Gammon and Costain, and Leighton Contractors (Asia). The scheme59 words
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Article63 1994-02-15 9 Australian Financial Review AUSTRALIA The 113-year old lottery and poker machine operator Tattersall's has branched out into property development, with plans to build an AS 18 million (5520.3 million) Melbourne CDB residential apartment block. The project will include 50 apartments overlooking Melbourne's FlagstafT Gardens. The organisationAustralian Financial Review - 63 words
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594 1994-02-15 9 Alan Boyd - It expects system to open up 4 million sq metres of land for development. Alan Boyd reports Alan Boyd Bangkok land has forecast that its 45 billion baht (SS2.B billion) mass transit system, once completed, will free up four million594 words
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Article, Illustration285 1994-02-15 9 Lilian Ang - Obayashi to build Eastpoint, local firm wins bid for Riverside Point. Lilian Ang reports Lilian Ang THE Fir East group has awarded two contracts worth $78 million for the construction of its Eastpoint and Riverside Point projects. Eastpoint. a shopping complex in285 words
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432 1994-02-15 9 Bernama Malaysia's property market is expected to continue its upward growth for the next 12 to 18 months, said C H Williams Talhar Wong's managing director. John SC Loh. The market, which has been consolidating over the past two years, would still beBernama - 432 words
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Page 9 Advertisements
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Advertisement132 1994-02-15 9 I Yu-Sheng I Available from Feb 12 fili 111 O (FORIO jf w O PERSONS) HH k <*£** nC t c cet yßjp Lucky Raw Fish Sk&ZQ COS Shark's Fin w 'th Crab Meat Steamed Duck with Sour Plum Sauce C, *T* Steamed Fish with Fried Crispy Chicken Pork Knuckles132 words
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Advertisement130 1994-02-15 9 ATTENTION HOME BUYERS ACQUIRING ASSETS OVERSEAS? Wc help with finance of 70% overseas, 90% local properties. Pay only interest overdraft. Principal redeemable through funded insurance program. You enjoy lower repayment, tax advantage and flexibility. Loan is self-cancelled on death. Give Us A Call Vincent Chua, A All Lucy Chong Tel:130 words
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Article502 1994-02-15 10 EDITORIAL SOME TIME this week, the United States will decide whether or not to impose trade sanctions on Indonesia because of alleged violations of workers' rights. In June last year, Washington gave Jakarta until Feb 15 to improve workers' conditions or risk losing some USS64O502 words
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WHAT THE OTHERS SAY
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Article210 1994-02-15 10 THE POSSIBILITY that the failure of the US-Japan trade talks will lead to the US imposing trade sanctions on Japan is cause for serious worry. Should a trade war break out, not only will both sides suffer, but so will many other countries, for what are involved210 words
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Article167 1994-02-15 10 PRESIDENT Bill Clinton sent Congress a US$l.52 trillion Budget for 1995 which he described as "the toughest budget on spending cuts that Congress has yet seen." The Budget reflects the government's fiscal constraints, combining a range of spending cuts with modest new initiatives to promote technology,167 words
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Article153 1994-02-15 10 THE ECONOMIC CONFLICT between the United States and Japan can never be resolved with one or two summits. The most important thing now is still to let Japan resolve its own domestic problems first and to slowly resume its economic impetus. If the153 words
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Article167 1994-02-15 10 WESTERN LEADERS seem to have no qualms about the fact that their policies on Bosnia lack moral considerations. This was reflected strongly in one of their first moves in the conflict, which was to impose an arms embargo on Bosnia-Herzegovina through the UN Security Council. They167 words
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Article109 1994-02-15 10 THE THAI Foreign Ministry is soon to set up a human rights division under its International Organisations Department. The new division, a ministry source said, will follow the ministry's policy of keeping abreast of international concern over the protection of human rights. This is indeed109 words
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Article, Illustration1163 1994-02-15 10 Patrick Harverson - Patrick Harverson examines the inroads made by the Big Four Japanese securities houses on Wall Street Patrick Harverson FT IN the battle between economic superpowers, investment banking is a business where the US has dominated Japan. Even in Japan's home market, the Tokyo subsidiaries ofFT - 1,163 words
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Page 10 Advertisements
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Advertisement116 1994-02-15 10 f NATIONAL Abbey National Treasury Services pic (Incorporated in England with limited liability; registered number *****48) £500,000,000 6% Guaranteed Notes due 1999 Samuel Montagu Co. Limited J.P. Morgan Securities Ltd. Barclays de Zoete Wedd Limited CS First Boston Goldman Sachs International Limited Lehman Brothers Salomon Brothers International Limited ÜBS Limited116 words
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Page 10 Miscellaneous
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Miscellaneous56 1994-02-15 10 i'.i*ls'Atf.MJßOH, TKPvT I Ufcße. DRrVibO G*CM£ ufb* T*eK£ Goes tN He* urne p.mk vAW.rwe. uwtei- thw i poight fioeoccus O* touch THPiT UPvWD.... c 6.. t A *»l DOOWESBURY GARRY TRUDEAU I SUPPOSE rrSTHBMAKNe I D Kxoff&VNOTOJ&N H HMe.RjTTHexe'soNe -iou Kf?vou I Fvsev.icouu> ■MY SeCURTY DETAIL,BUT QUALM THAT IPRJZB I56 words
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ANALYSIS
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Article, Illustration1974 1994-02-15 11 Vikram Khanna, Anthony Rowley - US-Japan trade negotiations collapsed last Friday. While Vikram Khanna traces the history of the dispute, examines why the talks failed and ponders what will happen now, Anthony Rowley discusses why Tokyo strongly rejected US demands for numerical trade targets Vikram Khanna, Anthony RowleySource: International Monetary Fund,International Financial Statistics,various issues - 1,974 words
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Article833 1994-02-15 11 IN their book The Coming War with Japan published nearly three years ago, Americans George Friedman and Meredith Lebard argued that the "major conflict in the world today and for the foreseeable future is between Japan and the United States." Some, including the then US ambassador833 words
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Page 11 Advertisements
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Advertisement278 1994-02-15 11 mm Managing in a fljj| Changing World: Strategies for Success (SQ) Ctatrt, atm f uMau bimf SUA As both Asia and the world face unprecendented turbulence in their markets, it aad NFB, provkk* is imperative that the successful organisation understands what is driving I wnki qaaßtji traWßg change today and278 words
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382 1994-02-15 12 Reuter WASHINGTON US President Bill Clinton proclaimed to Congress yesterday that his administration had put the United States on a path of "rising output, increasing employment and falling deficits". The administration's first annual economic a report stood in markedReuter - 382 words
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Article186 1994-02-15 12 Bloomberg Business News WASHINGTON Business stockpiles of unsold goods showed no change in December as sales rose for the fifth straight month, the Commerce Department said yesterday. Compared to a year earlier, inventories rose a modest 3 per cent. The report, in line with analysts'Bloomberg Business News - 186 words
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Article, Illustration290 1994-02-15 12 AFP SYDNEY Hongkong Governor Chris Patten said yesterday that China was seeking more control over the colony than it exercised over some of its provincial governments. "Despite what Chinese officials have said about Hongkong people running Hongkong. about a degree of autonomy forAFP - 290 words
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300 1994-02-15 12 AP. Bloomberg Business News WASHINGTON In their first look at 1995. many of the United States' top economic forecasters see the US economy growing, but not as fast as expected this year, according to a survey released yesterday. The consensjs of theAP.; Bloomberg Business News - 300 words
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356 1994-02-15 12 NYT TOKYO Prime Minister Morihiro Hosokawa will reshuffle his Cabinet soon after the government's fiscal 1994 budget proposal is gjven Cabinet approval, which is expected today, say sources close to Mr Hosokawa. Political analysts say a victim in any reshuffle could be ChiefNYT - 356 words
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371 1994-02-15 12 AP NICOSIA. Cyprus Saudi Arabia, buffeted by eeonomie woes and low oil priees. plans to increase production of highpriced light crude oil to maximise petroleum revenues, the \liilillc East Economic Survey reported yesterday. Saudi Arabia is the world's largest oil producer.AP - 371 words
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Article, Illustration853 1994-02-15 12 LEON HADAR; LEON HADAR - The Bottom Line LEON HADAR LEON HADAR The writer is Bis U ashington correspondent Following the collapse of the "framework" negotiations between the United States and Japan, angry Clinton administration officials and Congressional leaders have threatened to impose unilateral trade sanctions on Tokyo. Trade853 words
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242 1994-02-15 12 Bloomberg Business News HONGKONG Foreign institutional investors are playing an increasing role in the Hongkong stock market, but local individual investors remain a major force, according to a survey released by the Stock Exchange of Hongkong. "Local individual investors contribute nearlyBloomberg Business News - 242 words
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Page 12 Advertisements
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Advertisement74 1994-02-15 12 Nitsuko JgiSgj Digital Keyphone Syst e m s '-^W leading Edge Technology PRIME CBD COMMERCIAL SITE in Raffles Place Vicinity For Sale By Tender (Under The Instruction Of The Mortgagees) Site Area 757 sq m (8,148 sf) Tenure 999/99 years Existing 10 Storeys Office Building CO h-' Outline approval for74 words
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Advertisement65 1994-02-15 12 r < Distributor: Si^A p R Z* uummt Coy- 07 B 7B Q B Singapore Communications Equipment Co Pte Ltd I 0A i I 0 I 0J 0 t Quality Service Resting AN OmrajjH FINANCIAL NEWS A quick look at the markets i Call 24 hours a day for mid-day65 words
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COMPANIES & MARKETS
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451 1994-02-15 13 S N Vasuki - By S N Vasuki SINGAPORE Malaysia's Public Bank has reported a 79 per cent jump in net earnings for the year to Dec 31, reflecting healthy lending margins and the country's strong economic fundamentals. The bank said yesterday that group net earnings451 words
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Article, Illustration211 1994-02-15 13 Lilian Ang - By Lilian Ang SINGAPORE United Engineers launches its River Valley condominium project today, with about 600 names already on the waiting list. Marketing agent Knight Frank Cheong Hock Chye and Baillieu (KFCB) says those on the list will be invited in batches of about211 words
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Article, Illustration338 1994-02-15 13 SINGAPORE Overseas Union Bank has elevated four long-serving senior managers to the rank of executive vicepresident. The four Nicholas Chong, Gracy Choo, Victor Liew and Wee Joo Yeow have each been with the bank at least 12 years and have been instrumental in338 words
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678 1994-02-15 13 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE It is heartening that the Indonesian capital market authorities will send a 100-strong team of officials and brokers to Singapore and Hongkong next week to promote the Jakarta Stock Exchange. The move shows678 words
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244 1994-02-15 13 Abdul Hadhi - By Abdul Hadhi SINGAPORE Straits Steamship Land has teamed up with related companies Keppel Corp and Far East Levingston Shipbuilding to buy an office building in Sydney, Australia, for A 578.1 million (5588.7 million). In a statement yesterday, SSL said244 words
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166 1994-02-15 13 SINGAPORE Property and construction group Lim Kah Ngam has embarked on another joint-venture project across the Causeway. Through Augustland Sdn Bhd, a wholly-owned Malaysian subsidiary of LKN Development, the group will tie up with Arab-Malaysian Leisure Holdings to develop166 words
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EYE on your STOCKS
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Article, Illustration41 1994-02-15 13 Subdued Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Owrnight events may alter sentiment. Brokers polled: Alliance. Barings. Daiwa. Fraser. Morgan GrenJell Asia. Phillip. Smith Ne*- Court. Tat Lee. and W Carr.41 words
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Article, Illustration131 1994-02-15 13 Quak Hiang Whai - By Quak Hiang Whai Lien Hoe Corporation finished 22 cents lower at $3.58 on a volume of 1.07 million units yesterday. The stock, however, looks certain to break below $3.50 from here as all its short and long-term indicators are pointing towards an overbought situation. Four indicators in131 words
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COMPANIES
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COMPANY BRIEFS
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Article81 1994-02-15 14 Bernama KUALA LUMPUR Ekran Bhd said in response to a query from the Kuala Lumpur Stock Exchange (KLSE) yesterday that no Memorandum of Understanding has been signed by the company to acquire an equity stake in the Associated Bank in the Philippines. But itBernama - 81 words
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Article84 1994-02-15 14 Bernama KUALA LUMPUR Renong Bhd has signed a Memorandum of Understanding to undertake several projects in the Philippines on a joint-venture basis with the Public Estates Authority, Office of the President of Philippines (PEA) and Majlis Amanah Rakyat (Mara). It said in a statement yesterday thatBernama - 84 words
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Article39 1994-02-15 14 SINGAPORE Parkway Holdings Ltd announced yesterday that its floating rate notes due 1996 with warrants will carry an annual interest rate of 4.0625 per cent for the three-month period from Feb 14 to May 16.39 words
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Article53 1994-02-15 14 SINGAPORE Indonesia's PT Bintan Resort Corporation has appointed Wong Nang Jang as commissioner on the company's board of commissioners with effect from Nov 26, 1993. Mr Wong is currently a committee member of the Stock Exchange of Singapore as well as OCBC Bank's executive vice-president for53 words
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Article69 1994-02-15 14 Bernama KUALA LUMPUR Malaysian Airline System Bhd (MAS) has incorporated a wholly-owned subsidiary company known as Aircraft Engine Repair and Overhaul (Malaysia) Sdn Bhd with an authorised capital of MS2OO million (SSI 14 million). MAS said in a statement here yesterday that the principal activity ofBernama - 69 words
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Article496 1994-02-15 14 UNIT TRUSTS FUNDS mmmm' prim<$) Feb is UMB Invest Mgt Ltd Timinnra Unit Triaat Unifund 1.52 1.39 3- W 0re unn Ir 1 Unibond-f 102 105 The Commerce 181 1.90 United Gr Fund! 1.67 I.7J The Savings Fund 1.69 I 77 Uni|cd Asia Fund 92 2.02S pore Prog Fund 0.76496 words
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Article263 1994-02-15 14 Payment Ex Books Pay date close date Asia Pacific F I8N Feb 9 Feb 15 Feb 23 Bcrjaya Group I 6 Mar II Mar 28 Apr 18 Beqaya Ind I 4 Mar II Mar 28 Apr 12 Berjaya Leisure 1 5 Feb 22 Mar 8 Apr 6 BMTSIO263 words
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189 1994-02-15 14 Bernama KUALA LUMPUR YTL Corporation Berhad is making a strong bid to supply power to the blackout-plagued Philippines under the country's privatisation of power projects. YTL managing director Francis Yeoh said he had held fruitful discussions on the bid with energy ministry officialsBernama - 189 words
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533 1994-02-15 14 Alan Boyd - From Alan Boyd in BANGKOK THAILAND will introduce anti-trust legislation later this year to monitor company mergers and ensure fair competition as more firms seek a higher trading profile. The Competition Act, which is expected to go before parliament in April,533 words
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326 1994-02-15 14 MBT KUALA LUMPUR Feedback from listed companies indicates that 197 companies expect better results this year while 191 predict they will maintain their past year's performance. Four companies expect poorer results. KLSE executive chairman Nik Mohamed Din Datuk Nik Yusoff, in the exchange's latestMBT - 326 words
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254 1994-02-15 14 KUALA LUMPUR The Berjaya Group (BGroup) and Topgroup Holdings, an associate company of Berjaya Singer (BSinger), have signed a memorandum of understanding (MOU) with Team Asia Corp (TAC) of the Philippines to set up a commercial air-condition-ing joint venture. The two partners254 words
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177 1994-02-15 14 Bernama KUALA LUMPUR Park May Bhd shareholders are advised not to accept the offer by Renong Bhd to acquire the entire issued and paid-up share capital of Park May Bhd, the former comprising 30,000,500 ordinary shares of MSI each. Its independent adviser,Bernama - 177 words
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Article, Illustration420 1994-02-15 14 MBT KUALA LUMPUR The Hicom Holdings share application saga continued yesterday as a huge crowd was seen at the Stadium Merdeka carpark even after the noon deadline for handing in the application forms. The applicants must have had somewhat "taken things for granted",MBT; NST photo - 420 words
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Article, Illustration878 1994-02-15 14 MARKET WATCH MBT KUALA LUMPUR After last year's exciting bull run, the Kuala Lumpur stock market is expected to continue its bullish trend in the Year of the Dog. Only this time, the bull is not expected to be as fierceMBT - 878 words
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289 1994-02-15 15 FT LONDON Opening the United States telecommunications market to British operators will test US regulatory authorities in the coming weeks, and the outcome is likely to have significant implications for access to the US market by other overseas operators. CableFT - 289 words
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454 1994-02-15 15 Reuter MELBOURNE Asset sales allowed Foster's Brewing Group to overcome a slump in offshore brewing earnings and report a 21 per cent rise in half-year profit yesterday. But Foster's, the world's fourth largest brewer, said profits from its core brewing operations wereReuter - 454 words
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COMPANY BRIEFS
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Article117 1994-02-15 15 Bloomberg Business News HONGKONG Toy manufacturer Harbour Ring International Holdings has sold a four-level shopping arcade in Hongkong for HK5432.5 million (SSBB million). The sale of the property, which Harbour Ring bought on Dec 31 1992, to Colt Investment Company represents a gain over bookBloomberg Business News - 117 words
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89 1994-02-15 15 Reuter TAIPEI Taiwan's Commission of National Corporations has proposed that the government make a domestic public offer of 360 million shares in China Steel Corp, or 5 per cent of the company, in March an 4 April. The Securities and Exchange Commission isReuter - 89 words
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Article60 1994-02-15 15 Reuter HONGKONG China-linked computer group Legend Holdings surged to a high of HKS2.OS (41 S cents) on its first day of trading from its issue price of HKS 1.33. It later stood at HK52.025. Its float attracted heavy interest and was 404 times oversubscribed, pullingReuter - 60 words
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Article90 1994-02-15 15 Bloomberg Business News PARIS Alcatel Alsthom SA, the French telecommunications and transport company, said 1993 consolidated sales fell 3.5 per cent to 156.07 billion French francs (SS4I billion) from 161.68 billion a year earlier. Excluding currency changes, sales fell 1 per cent, the company saidBloomberg Business News - 90 words
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95 1994-02-15 15 AFP NEW DELHI US soft drinks giant Pepsico Inc plans to set up a US$95 million (SSISI million) holding company as an umbrella for its growing business interests in India, Pepsi officials said here yesterday. The Foreign Investment Promotion Board is scrutinising theAFP - 95 words
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Article, Illustration421 1994-02-15 15 Bloomberg Business News TOKYO Rockefeller Group Inc. the owner of the original 12-building core of New York's landmark Rockefeller Centre complex, will have no problem paying back the US$l.3 billion (552.06 billion) mortgage it took out on the building, a spokesman for MitsubishiBloomberg Business News - 421 words
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FINANCE & COMMODITIES
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436 1994-02-15 16 S N Vasuki - By S N Vasuki SINGAPORE Interest rates in Singapore will move up steadily this year as the government tightens monetary policy to counter inflationary pressure. Merrill Lynch says in its latest monthly review. But the international securities firm expects rates to ease436 words
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262 1994-02-15 16 Reuter TOKYO The Nikkei-300 stock index futures and options got off to a quiet start on the Osaka Securities Exchange yesterday, with participants still unsure of how to gauge movements in the new stock index, traders said. "The launch of the Nikkei--300 futuresReuter - 262 words
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252 1994-02-15 16 Reuter TOKYO Overseas funds, in search of new and high-yield-ing commodities for investment. are turning to Japanese futures markets, industry sources said yesterday. "They've been in and out on a trial basis since last summer." said Kunihiro Arai. deputy section chief of the projectsReuter - 252 words
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145 1994-02-15 16 DENVER United World Group said it will be the first US company to export crude from Vietnam when it lifts 450,000 barrels of White Tiger crude in March. The majority of the crude will be shipped to Asian145 words
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SMALL CHANGE
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85 1994-02-15 16 FT LONDON The European Commission is considering launching bonds tied to the volume of road traffic as a way of raising money for its ambitious trans-European networks initiative. This would involve the commission raising funds on international markets and channelling finance to governments orFT - 85 words
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93 1994-02-15 16 Bloomberg Business News SEOUL South Korea's Shinhan Bank was selected as the best managed bank last year by the nation's banking regulatory body. Shinhan also topped the annual review two years ago. The Bank Supervisory Board said Shinhan Bank, owned by Japanese-Kore-ans. received theBloomberg Business News - 93 words
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94 1994-02-15 16 Reuter BEIJING China's issuing this month of a US$l billion (SSI.6 billion) global bond will not be inflationary. Vice-Finance Minister Jin Renqing said yesterday. Economic Information Daily quoted Mr Jin as saying the money will be used for infrastructure projects that will ease bottlenecks thatReuter - 94 words
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81 1994-02-15 16 Reuter SYDNEY Sydney-based Lloyds Bank NZA Ltd. wholly-owned by Lloyds Bank pic, said its net profit rose to A58.2l million in the year to Dec 31, up 5.8 per cent from A 57.75 million a year earlier. Revenue rose to A 519.4 million fromReuter - 81 words
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110 1994-02-15 16 AFP BOMBAY Taib Bank, the Bahrain-based global investment and merchant bank, plans to have Indian equities and Euroissues listed on the Bahrain stock exchange, its chief executive said during a visit here yesterday. Talks are underway with Indian and Bahrain regulators to have IndianAFP - 110 words
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173 1994-02-15 16 MBT KUALA LUMPUR Bank Negara Malaysia (BNM) says more can be done to improve the Malaysian insurance industry although it has done its fair bit as a regulator to bring the industry to where it is now. The central bank is in fact,MBT - 173 words
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Article, Illustration149 1994-02-15 16 THE USS lost ground over the long weekend, led by dollar yen which shed over 2 yen as US-Japan trade talks ended in failure. Against the SS. the USS opened at 1.5830-50 off from its 1.5860-70 close last Wednesday. It drifted lower during the day149 words
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Article196 1994-02-15 16 Reuter LONDON The dollar skidded down against the yen yesterday amid real fears of a trade war between the United States and Japan after recent talks failed to come up with anything that will pare the massive US trade deficit. "Clinton has come out with more strong rhetoric andReuter - 196 words
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176 1994-02-15 16 AFP NICOSIA A joint QatariNigcrian proposal that Opcc should agree to oil output cutbacks to boost priccs has failed to gain support, the Cyprusbased Middle East Economic Survey review said yesterday. Saudi Arabia, by far the largest Opcc producer, seemed to believeAFP - 176 words
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Article89 1994-02-15 16 AFP NEW YORK The yen rose against the dollar early yesterday in trading dominated by dollar-yen exchanges after the failure of US-Japanese trade talks in Washington. At about 9:30 am (1430 GMT), the dollar was trading at 104.23 yen. up from 103.80 yen at midday in London andAFP - 89 words
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Article, Illustration1669 1994-02-15 16 1 rade-onrhied inde\ <akulainJ afjtnst Spore's lop 14 trading partners Base year I9B< US$/S$ forward rates Noon Feb 14 ss Bid Offer 1-month 1.5827 1.5842 2-month I 58JO 1.5845 3-month 1.5835 1.5850 6-month 1 5848 1 5868 Sounr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES At at 10m m Fab1,669 words
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COMMODITIES & FUTURES
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1374 1994-02-15 17 SIMEX RfPORT Reuter SINGAPORE Simex Euroyen interest rate futures ended firmer near intraday highs yesterday, bolstered by sharp falls in the Nikkei cash market. Prices also rose on the back of a strengthening yen after the US and Japan failed to reach an agreementReuter - 1,374 words
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Article626 1994-02-15 17 COMMODITY REPORTS Tm MALAYSIAN tin closed six sen lowerat MS 14.44 a kg on initial high offers yesterday despite a higher London market last week, traders said. They noted an opening offer of 109 tonnes against bid of 56. Final turnover was 89 tonnes,626 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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Article103 1994-02-15 17 LONDON A booming US economy has led to a dramatic rise in US demand for metals but will not "plug the gap" left by weaker demand elsewhere, according to Angus MacMillan. researcher at LME ring-dealing company Billiton-Enthoven Metals Ltd. In 1993. the US economy103 words
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Article136 1994-02-15 17 BANGKOK Thai "telquel." or mixed raw-white sugar, yields for the 1993-94 (November-October) crop averaged 98.38 kilograms per tonne cane by Feb 8. up from 97.24 on Jan 31. the semi-official Thai Cane and Sugar Corp said yesterday. Thai sugar yields averaged 104.2 kg per tonne136 words
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69 1994-02-15 17 ABU DHABI The UAE emirate of Sharjah is pressing ahead with a major project to boost gas output capacity by nearly 40 per cent to 22.6 million cubic metres per day. the al-Khalccj newspaper reported yesterday. The project to expand the Sajaa treatment plant69 words
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63 1994-02-15 17 TOKYO The sharp drop in the copper price last week has done little to encourage fresh Chinese buying, traders said. US funds and speculators dumped the red metal on Friday in London, leaving the 3-month position to close USS37 lower on the day63 words
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Article1631 1994-02-15 17 Rubber Singapore Commodity Exchange (futures dosing as at lpw) KSS 1 Contract (S ccnts/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 OOO OOO 140 25 250 3.175 Apr 142.00 139.75 142.50 1375 5.250 May 145.25 141.25 144 50 350 6.525 iun 146 00 142.251,631 words
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REGIONAL STOCK MARKETS
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Article1263 1994-02-15 18 -2.8 1 he Australian stock market recovered from a sell-oIT in early trade yesterday and defied the sharp drops on the Tokyo and Hongkong markets to close only slightly lower, brokers said. "The market started on a pretty solid downtrend but has been clawing its way up ever since."1,263 words
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Article584 1994-02-15 18 -32.16 Share prices dipped after last week's climb, weakened by the USSI-3/8 weekend fall of Philippine Long Distance Telephone Co (PLDT) in New York and a drop in the Hongkong market. The Manila composite index fell 32.16 points to 3.008.74. Last week, the Manila index closed at 3.040.9 on584 words
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Article550 1994-02-15 18 -278.87 Taiwan share prices plunged 4.4 per cent on the first trading day after the Lunar New Year holidays, dragged down by heavy selling in the finance sector. The index opened down and continued sliding throughout the session, ending 278.87 points lower at 6.015.26. Turnover was moderatelv active at550 words
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Article419 1994-02-15 18 -15.77 Investors went on a selling spree across the board in reduced volume and brokers said a lack of activity by institutions put further pressure on the market. The composite index stood 15.77 points or 1.72 per cent lower at 901.38. o!T a day's high of 921.84. "Investors have419 words
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Article313 1994-02-15 18 -29.8 New Zealand shares fell 1.3 per cent on moderate turnover with brokers puzzled about reasons for the fall. Most put it down to the weight of sellers over buyers with slightly higher interest rates and a lower dollar as contributing factors. "There's no reason, there are just313 words
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Article64 1994-02-15 18 -79.69 Stocks fell further in low volume kerb deals as selling was restricted by a ban on carry forward business while buying had slackened after foreign funds faced problems over share deliveries. brokers said. During the official trading session, prices had fallen and the Bombay Stock Exchange 30share index64 words
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WORLD STOCK MARKETS
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Article829 1994-02-15 18 Britannia Funds Sterling Cath Bid Offer Mtm Cap Dcpwit W MW W 6MW Mini Jcno (iih 0.IK91 0.1992 Mim Max Incomc I 0W10 1.***** I S$ Cash Inromc Plirt I und *10 VMO *10 KMX) PS S Kocnc Fund 5.2*10 5 2500 Sterling Kquit) turo Performance '***** 0 49'* far829 words
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Article712 1994-02-15 18 -15.4 UK shares drifted during the day to end weaker, taking the lead from easier March FTSE futures, as market players awaited a deluge of economic data this week, strategists and dealers said. The FTSE 100. which spent most of the session in negative territory, cut some losses in712 words
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Article115 1994-02-15 18 -31.93 French shares closed down in a listless market deprived of buying interest, traders said. The CAC-40 index could test support at 2.150 or 2.200 points as operators see the present levels overdone on fundamentals. The CAC-40 index ended down 31.93, or 1.40 per ccnt. at 2.243.16. Paris Feb115 words
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Article125 1994-02-15 18 -0.15 pc Swedish stocks closed up off early highs due to a rise in debt market yields and a weaker crown. Dealers said they expect the bourse to open lower today. The OMX-index was down 0.15 per cent at 1.156.82 in healthy turnover of 1.561 billion crowns. Index-heavy tclecoms125 words
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Article201 1994-02-15 18 1.21pc While the bourse session was described as lacklustre, traders were confident shares would hold on to intraday gains yesterday, supported by firm bund and DAX futures prices. The 30-sharc DAX index closed at 2.116.01. up 1.21 percent or 25.4 points on the day and up 7.24 points from201 words
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Article173 1994-02-15 18 -7.89 Belgian shares closed 0.52 per cent down, suffering from weakness on foreign bourses, a lack of buyers and further profit-taking after sharp gains earlier this year, dealers said. The Bel-20 index of leading shares ended 7.89 points down at 1.519.61 with a low 1.3 billion francs about half,173 words
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Article293 1994-02-15 18 -5.59 Dutch shares closed over 1 per cent lower but the fall failed to upset dealers who said it was only caused by disinterest in a listless market. adding that prices might easily recover today. The AEX index finished down 5.59 points, or 1.29 per ccnt. to 428.78. Dealers293 words
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Article284 1994-02-15 18 -17.85 Swiss shares ended lower in quiet, futures-driven trading. Dealers said a fall in index futures in afternoon trading led the market down. Roche certificates, the most active share, ended 105 francs lower at 6.825 after rising to 7,075 earlier. Nestle, the second most active share, fell 17 to284 words
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Article286 1994-02-15 18 -96 South African share losses accelerated in afternoon trade as they ended sharply lower on politically-inspired selling. Gold shares made percentage losses despite a steady gold price. The gold index was 68 points, or 3.7 per cent, lower at 1.749. industrial index 96 points weaker at 5.544 and overall286 words
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Article262 1994-02-15 18 10.79 Stocks firmed early yesterday on a rebound in base and precious metals shares, but dealers said trade remains edgy and directionless. The TSE 300 composite index added 10.79 points to 4.416.39 in quiet turnover of 8.04 million shares valued at CSI 16.10 million. Advances outweighed declines 210 to262 words
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Article781 1994-02-15 18 14.63 The Dow Jones industrial average was ahead 14.63 points to 3.909.41 at 11 am EST yesterday. The New York Stock Exchange composite index was ahead 0.31 to 261.62, while Standard Poor's 500-stock index was up 0.51 to 470.69. Advances edged declines 953-810 among the 2.499 issues crossing781 words
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Article, Illustration3207 1994-02-15 19 Reuter HONGKONG Shares closed with heavy losses yesterday as short-term sentiment was hurt hy weak regional stock prices and expectations of tighter credit locally, brokers said. The blue-chip Hang Seng Index ended down 515.22 points, or 4.48 per cent, to 10.988.81. But it was off a low of 10.898.48.Reuter; Source: Bridge Info - 3,207 words
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Article, Illustration576 1994-02-15 19 REVIVED concern on excessive new issues this year pushed down the Shenzhen A market by 9 per cent. The CLSA A index closed at 1.641.62. a loss of 165.56 points. The CLSA B Index eased 18.01 points to 1.303.83. Half of the stocks were unchanged with virtually no transaction.576 words
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Article, Illustration2524 1994-02-15 19 Reuter TOKYO A strengthening yen and the threat of US trade sanctions after last Friday's failed Ja-pan-US summit in Washington sent Tokyo shares spiralling downwards yesterday, with the Nikkei Average closing off more than 500 points. At one point it was off more than 600 points. "The bonfire hasReuter; Source: Bridge Info - 2,524 words
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Article, Illustration1910 1994-02-15 19 Reuter BANGKOK Cautious bargain hunting by Thai investors pushed the SET index 5.86 points higher to end at 1.422.20 yesterday. Turnover was a low seven billion baht against last Friday's 5.50 billion. Brokers said investors were treading cautiously yesterday as Hongkong and Tokyo had both performed poorly. The SETReuter; Source: Bridge Info - 1,910 words
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Article, Illustration1128 1994-02-15 19 Reuter JAKARTA Share prices closed mixed in quiet trading with local investors cautious as foreign fund managers concentrated on regional markets, brokers said. The official index rose 0.13 point to 586.75. "The drop on some Asian markets means the focus of foreign funds managers is elsewhere. But once theyReuter; Source: Bridge Info - 1,128 words
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Article2735 1994-02-15 20 MOST ACTIVE volume Faber Group 5.644.000 Mm H>d 50c 5.309.000 Kamunting 50c 5.075.000 Mulpha (nil 50c 4.178,000 Sn Hartamas 3.837.000 Renong Bhd 50c 3.799.000 Promet 3.732.000 \MDB 50c 2.987.000 in no vest Bhd 2.943.000 l ien Hoe TSR97 2.569.000 Johan HMgs 50c 2.540.000 FACB 5a- 2.376.000 VIBf Hldgs2,735 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5771 1994-02-15 20 Bernama KUALA LUMPUR Share prices closed lower in a thin Valentine's day trading despite starting on a steadier note in the morning. The Emas Index of all main board shares ended 4.46 points easier at 323.51 while the 85-stock Composite index closedBernama; Source: Bridge Info - 5,771 words
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STOCK EXCHANGE OF SINGAPORE
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Article6995 1994-02-15 21 MAIN BOARD Transaction date: Feb 14 I i«... .ifi i I Gr Gr 199V94 Last Vol Day Last Qaofe Div Di» VM Net M Cap High Lo» Sale COM) High Low Bayer Seller S Cut S P/E Ml INDUSTRIAL AND COMMERCIAL 1440 260 l Acma 1190 uncti 71 1190 11706,995 words
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Article, Illustration1954 1994-02-15 22 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Share prices finished lower in thin trading yesterday as investors cast a wary eye on sharp losses in overseas markets, brokers said. News of the collapse of the trade talks between the US and Japan and its impactCharts by Bridge Info; Source: Bloomberg - 1,954 words
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Page 13 Advertisements
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Advertisement235 1994-02-15 13 NEWS VALUE How today's news might affect your stocks FaM US-Japan immnit; Asian markets tal (pg I) Adverse impact on regional markets, led by Tokyo, likely to continue today. Trading expected to be thin with investors cautious. Watch overnight Dow for cues. M'sian banks alowed te buy non-trustee stacks (pg235 words
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Page 14 Advertisements
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Advertisement196 1994-02-15 14 Debenham Tewson International Pte Ltd Announcement Debenham Tewson International Pte Ltd announces the launch of its new logo to reflect the new expanded network of the Debenham Tewson International Group following the acquisition of Bernard Thorpe in the United Kingdom and the establishment of a European joint venture with Jean196 words
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Advertisement180 1994-02-15 15 -s .U t£'H- i "*V s i'l A' i \,*j J I Kw/to? AL W.AY.f; Jw :J Qf m- %J m ,n 'Um\ J* r ilißi MONIYMAX is *SA VINGS-CUM-CHEQUING account, offering ATM and PHONIRANKING service—all at your fingertips, attractive DAILY INTIRIST and MAXIMUM CONVINIINCB. NO SBRVICI CHARGI for daily180 words
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Advertisement278 1994-02-15 16 OUR HERITAGE A Public-Private Partnership In Conservation SEMINAR ON CONSERVATION 5 7 APRIL 1994 RAFFLES CITY CONVENTION CENTRE 4TH LEVEL SOPHIA ROOM SINQAPORE The Seminar, "WORKINQ TOWARDS QUALITY RESTORATION IN BUILT HERITAGE" provides a forum for the sharing of the concept and approaches to conservation, the restoration techniques and practices278 words
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Advertisement287 1994-02-15 17 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-IM3 FAX:74I-129« In The Matter of The Companies Act, Cap. 50 And In The Matter Of WYKIAN PTE LTD (Members' Voluntary Winding-up) At an Extraordinary General Meeting of the Members of WYKIAN Pte. Ltd.duly convened and held at 24A Moonstone Lane Singapore 1232, on the287 words
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Advertisement138 1994-02-15 17 In The Matter of The Companies Act, Cap. 50 And In The Matter Of WYKIAN PTE LTD (Members' Voluntary Winding-up) NOTICE IS HEREBY GIVEN that the creditors of the above company, which is being voluntarily wound up, are required on or before the 31st day of March 1994 to send138 words
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Advertisement31 1994-02-15 17 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. K) W Straits Times 1 L fo wor/c for yoc/ today.31 words
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Page 18 Advertisements
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Advertisement86 1994-02-15 18 Acquire An Original Monsieur Waterman invented the world's first reliable fountain pen. Man 100 was created to celebrate the Waterman Centennial. Each nib is the result of fifteen handcrafted operations which create a unique personality. The 23.6 karat gold trim gives Man 100 a distinctive appearance and texture. Waterman offers86 words
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Page 19 Advertisements
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Advertisement39 1994-02-15 19 over 195 odfca cords boooored of ovor 11 million QSTQiniSHflMflffMHik- By I MasterCard pats the whole worid in 10 <«•> at 300,000 lwtd|pljt| braachas and ATMs YOU'Vt GOT THt WHOLS WOULD in roup hands worldwide. 1 sgs,LC O ,LDa H39 words
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Advertisement47 1994-02-15 21 m ■SP ••'*•.§f39HP iJS"3 &<3%><3 '4 n I i; |Hj It's the Must-be, Mu>t->ee jgf t f?) Pii) Marketplace in I lint t4k m Tl r J"3 The C lassificil ggj n\ I I a V) m n\ t?i >S -ul &J-ug ug Sj) 4%, uggo 447 words
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Page 22 Advertisements
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Advertisement275 1994-02-15 22 rr o C\ Xo^ 3 J »<\&®tf S Beijing, China 10)704 Arthaloka Building, Ground Fir W«t& S ACANYjV^ S Td: X *****2, Fax: *****01 ~MM II Jendral SudLan H| c \V\ Shanghai: 537 Yanan Rd (M) 9 Shibaura 2-Chome Minato ku Jakarta ***** nVjWShanghai, China *****0 V 2 Chome, Minato-ku275 words
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Shipping Times
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472 1994-02-15 23 Rahita Elias - But Hongkong is still expected to retain world's top spot By Rahita Elias SINGAPORE The Port of Singapore Authority achieved yet another record-breaking year in 1993 its terminals handled a total of more than nine million containers. According to the latest PSA472 words
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Article, Illustration230 1994-02-15 23 SINGAPORE French shipping line Compagnie Maritime d'Aflretement (CMA) has upgraded its services between Asia and Europe with the phasing in of eight Star-class containerships. The latest inclusion will be the Ville de Hydra, a vessel that can cam up to 3.266 20-ft containers (TEUs).. The230 words
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840 1994-02-15 23 Page Col ABC Containerline 12 5 Accord Group 8 1-3 Ahrenkiel Liner 4 1/2 •APL 5 3-5 Appenship 8 4/5 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 •Bait Orient Line 7 4/5 •Bank Line, The 9 5 Barbican Line 4840 words
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186 1994-02-15 23 Bernama KUALA LUMPUR Kelang Container Terminal Bhd (KCT) reported a pre-tax profit of M 544.6 million (5525.6 million) for the year ended Dec 31, down 8.1 per cent from MS4B.S million in the same corresponding period in 1992. Announcing its unaudited results hereBernama - 186 words
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260 1994-02-15 23 SINGAPORE Sembawang Maritime has won a $2 million contract to convert the cargo vessel Ocean Paradise into a floating hotel. The project for an unnamed local group involves major steel fabrication work, the removal of existing structures and the installation of an accommodation260 words
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288 1994-02-15 23 Lloyd's List HONGKONG Hongkong's Swire group has fuelled speculation that it wants to strengthen shipping ties with the UK by agreeing to place its new 162,000 dwt bulk carrier, Erradale, on the Isle of Man register instead ofLloyd's List - 288 words
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SHIPS IN PORT
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Article399 1994-02-15 24 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Huatmg 01 P09A alongside 15.02/1500 Koindo 02/03/94 11 alongside 15.02/0030 Mahkota Exp 34/94 P01A alongside 14.02/1500 Nogogini 1A/94 J9 alongside 15.02/0600 Marine/P 14/02* .03/ .03/ Ovit 1/94 J18/19 alongside 15.02/2100 Susanna 4/94 P03399 words
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Article892 1994-02-15 24 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Ac* Swan 105A 16/1500 2 14/1700 15/0659 15/0900 4 15/1200 15/1459 15/1700 Alk Pride 49A 17/0600 2 14/1700 15/0659 15/0900 4892 words
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Article8668 1994-02-15 32 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LECENO PN: ship calls at Pcnang after8,668 words
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Article3385 1994-02-15 37 Abc Containerliue NV: Belsin Shpg Agcncics Pte Ltd (SVMannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Ptc Ltd tSVAccocd Contr Line (PK/PN). Adkris Bwiwss Corporation Philippine Calsource Shpg A Trdg Ptc Ltd (S) Ahrenkiel Liner Service: Kim Shpg A Trdg (S). Albatros Sea-Air Service: Frata Shpg Ptc3,385 words
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Article276 1994-02-15 37 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express I ravel Td: 533-5771. Fax: 535-6144. Airborne Freight Corporation Tel: 542-8844. Fax: 542-3716. *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: 742-8975. City-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services276 words
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Article1495 1994-02-15 37 A hex Express Freight Tel: 542-7171. Fax: *****84. Actiak Forwarder Tel: 225-1833. Fax: *****42. Activak Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight latrraatioaal Tel: 545-803lFax: *****05. Aerospced Td: 542-5911. Fax: *****18. Ak Cargo Novo Express Td: 542-5454 Fax: *****06. Air Express I mentalioaal Td: 542-7666. Fax. *****74. *****50.1,495 words
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Article2408 1994-02-15 38 ALBANIA Durres: Four vessels in port discharging of which 2 bulk wheat, I bagged foodstuff, 1 tobacco, no •vessels in roads. ARGENTINA Sante Fe: No vessels berthed, none in roads, max draft 18 ft 8 ins. Diamante: No vessels berthed, no vessels in roads, max draft 18 ft2,408 words
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Article554 1994-02-15 38 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 1 SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 1 TYO KAL554 words
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Article944 1994-02-15 38 SHIP SALES TANKER RATES AFP WHILST we are still seeing serious interest for newbuildings, there are very few second-hand sales reported. Buyers feel that prices on the drycargo side need to reflect a noticeable discount before they are willing to move, whilst there are very few serious sellers of modernAFP - 944 words
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Article519 1994-02-15 38 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA ETD Porto of Calls Port Ageat Telephone No FEBRUARY 15 15 Auroral 1200 1800 Vung Tau Sin Straits Shpg Pte Ltd 225-0788 Bangka Island 15 15 Langkapun Star 1500 2000 Penang Sin Jardine Shpg Agencies 224-1052 Aquarius Penang 16519 words
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Article772 1994-02-15 39 COURSES Title: Standard Trading Conditions (SDF 70%) Duration: Feb 22 Apr 5 Organiser: Singapore Freight Forwarders Association Tel: For more information contact SFFA Secretariat at 253-7550 or fax: 253-2303. Title: Container Management (SDF 70%) Duration: Feb 23 Mar 30 Organiser: Singapore National Shipping Association Tel: For further details772 words
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Article901 1994-02-15 39 THIS twice weekly report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements arc indicated. The Cockett Bunker Price Index change and901 words
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Article1526 1994-02-15 39 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1.156 on Friday from 1.170 on Feb 10. Rates remain very weak for Atlantic Panamax tonnage with brokers expecting further rate erosions next week. NSAC snapped up a 64.000 tonner for a trip from the Mississippi1,526 words
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Article, Illustration924 1994-02-15 40 Robin Bromby - The port's aim to be gateway to Australia is but a direct rail link away, reports Robin Bromby Robin Bromby Australian manufacturers can often be worldcompetitive until their products reach the factory gate. But it is the antiquated Australian ports and shipping industry which load924 words
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AIR AND LAND TRANSPORT NEWS
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Article, Illustration305 1994-02-15 42 Juliette Walker - By Juliette Walker SINGAPORE Cooperation in the aerospace industry has never been more critical, industry leaders said here yesterday. Speakers at the opening of the Third International Pacific Air Space Technology Conference (Ipac) emphasised that international cooperation and technology transfer were the keys305 words
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328 1994-02-15 42 Reuter DALLAS Fliers who really crave a cigarette on long-haul flights over the Atlantic will have to start planning more carefully. American Airlines, the largest US carrier, said last Friday it will launch its first smokefree trans-Atlantic service from May 1. TheReuter - 328 words
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426 1994-02-15 42 Reuter NEW DELHI India will not let foreign airlines serve its domestic routes, and will bar local private airlines from foreign destinations. Civil Aviation Minister Ghulam Nabi Azad said in an interview published yesterday. Mr Azad told the Pioneer daily the government,Reuter - 426 words
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379 1994-02-15 42 NYT NEW YORK Most highways were clear, railroads and airlines were nearly back to normal, sledders frolicked on snowy hillsides and blue skies and brilliant sunshine returned to the New York region on Sunday. But it was only an illusionNYT - 379 words
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LOG BOOK
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112 1994-02-15 42 AFP MANILA Societe Generale de Surveillance (SGS) of Switzerland, along with British, Japanese and South Korean firms are in the running for the Philippine government's 1995 import surveillance contract, the customs bureau said on Sunday. Geneva-based* SGS holds the current Comprehensive Import Surveillance: Scheme contractAFP - 112 words
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Article116 1994-02-15 42 AFP MANILA Philippine Airlines (PAL) said yesterday it wiU auction off 10 BAC 1-11 aircraft it retired from domestic routes,, along with a flight simulator, spare engines and other equipment for at least US$4 million. The lot will be auctioned off on May 31AFP - 116 words
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114 1994-02-15 42 AFP BANGKOK A Myanmar transport ship crowded with 300*. labourers capsized and sank early Sunday off eastern Thailand, killing at least 32 people, police and rescue workers said. The two-tonne vessel, sailing for the Myanmar coastal village of Tawai, was only a few minutesAFP - 114 words
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107 1994-02-15 42 Knight Ridder SAVANNAH, Georgia Eighty-one passengers and five crew members were evacuated from a USAir flight on Sunday after an engine caught fire as the plane was leaving the gate for takeoff. Flight 1881 from Savannah to Charlotte, North Carolina, and Washington was about 15Knight Ridder - 107 words
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258 1994-02-15 42 BANGKOK Shareholders of Thailand's Don Muang Tollway Co will meet on March 1 to vote on a proposal that the company increase its registered capital from 2.436 billion baht (*****.4 million) by about 500 million baht, the Nation newspaper reported. The company seems to258 words
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Article1383 1994-02-15 42 Ctty nm ETA nfc* Aba Dhabi GA893 1655 GA974 2325 GA984 2340 AdcUMt QF81 1930 QF82 2050 SQ228 2105 Amsterdam KL844 0535 KL837 1540 KL838 2300 GA893 1655 GA974 2325 SQ26 2355 Atfc—s SQ348 2250 AKktoHd NZ35 1425 SQ288 2045 SQ286 2035 NZ36 2235 Bahrain GF1481,383 words
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396 1994-02-15 42 NYT WASHINGTON A steel net used on aircraft carriers to stop jet fighters from plunging into the sea is being tested at Illinois railroad crossings to stop cars from driving into the path of oncoming trains. Materials involved in the production of StealthNYT - 396 words
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Page 23 Advertisements
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Advertisement9 1994-02-15 23 If you want it thereJ us today, a yT9 words
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Advertisement8 1994-02-15 23 For advertising enquiries, contact Shipping Times Tel 740-2089/740-20908 words
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Advertisement184 1994-02-15 23 Darwin's missing link to success, Pg 18 ASIAN k AEROSPACE' 94 A BT special supplement The world's aerospace industry has flown through rough weather lately. Pinched by intense competition and global recession, T the industry has cancelled and delayed Mx aircraft orders. For their part, aircraft and engine manufacturers have184 words
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Advertisement18 1994-02-15 23 J?±m+Rr M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALLOOOOOOO Cooperation vital to aerospace industry, Back Pg18 words
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Page 24 Advertisements
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Advertisement438 1994-02-15 24 TSKUNE AGENCIES (S) PTE. LTD. rI 1 |7 "W imTTI Tel: 226-3363 JL lAl\ H 4 Fax: 226-1972/3 Tlx: RS *****/TSKSIN. TOKYO SENPAKU KAISHA, LTD. CR No: **********0N I g row, m, m .c 11. CTHWt 06E 1102 2102 ACX ULY 0466 14.02 "16.02 15.02 1102 22.92 24.02 01.03 01.03438 words
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Advertisement1492 1994-02-15 24 JUKI WT STORE |*tw Ml IP HJOCO *5! ~m~ NEPTUNE CYPWNE ME I IH72SJ|73 93 103 I 13 13]*3 93 123 1 BflL_ CAIIfONKMA SATURN 63 ***** 123 14 3 163 17 J 143 153 I*3 163 19J IMEO M 74/00M| 21? 53 93 103 123 153 I*3 113 2031,492 words
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Page 25 Advertisements
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Advertisement2413 1994-02-15 25 OOCL (8) PTE LTD JARDINE SHIPPING AGENCIES JAROINE SHIPPING AGENCIES SON. BHD. TEL *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) PENANG TEL: *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL *****80 *****61/ *****82 ,POH TEL: *****3/4 FAX: *****6 CFS (PSA F5) TEL: *****21/2,413 words
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Advertisement1959 1994-02-15 25 ■UI.V.HHHWH u. S. A. /CANADA 3 TIMES A WEEK SL DEVELOPER V. 200E ETA SIN 21ST FEB 94 MAJESTIC MAERSK V.9404 ETA SIN 22ND FEB 94 ANNA MAERSK V.9406 ETA SIN 23RD FEB 94 vessel Voy ETA ETO Feeder®d by —''jSToiTS* destinations This «eet> MAJESTIC MAERSK V 9404 WIBWWIITWEBWnyTBfWBM *****1,959 words
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Page 26 Advertisements
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Advertisement1577 1994-02-15 26 m' -■■MIMJBIBWnB AQABA RDAM/ LE ALSO ACCEPTINQ FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) S'TON HBURG A WERP HAVRE WEgT MALAYSIA THAMES 21/106 16/2 5/3 8/3 8/3 Pofl Ketang. Penang KAI 06/306 19/2 28/2 7/3 9/3 12/3 14/3 16/3 Pasir Gudang LA SEINE 34/107 23/2 12/3 15/3 13/3 EAST1,577 words
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Advertisement555 1994-02-15 26 FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul fof all services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam Mongolia t Hungary CSFR Poland FULL CONTAINER SERVICE TO NORTH/WEST AFRICA FEEDER VESSEL ETA SIN CGM NORMANDIE V.2014 16/2555 words
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Advertisement1171 1994-02-15 26 I NORASiA SEA CAVALIER 406* 19/02 11/03 14/03 15/03 15/03 IC/03 17/03 11/03 19/03 20/03. L NORASIA SAMANTHA 9407 3 24/02 18/03 23/03 24/03 2C/03 21/03 22/03 23/03 24/03 25/03. L NORASM SUSAN 9408 3 03/03 23/03 26/03 27/03 27/03 28/03 29/03 30/03 31/03 01/04 L NORASIA SINGA 9409 31,171 words
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Page 27 Advertisements
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Advertisement1681 1994-02-15 27 H STRAITS SHIPPING PTE LTD 10 Naa Chiang Road #11-01 Kappd T*w*rs Singapara 0208 Tal: *****88 Fax: *****17 I WjMfQU—A PAOWC LM £±Whf (A SERVKX <* CHINA MAVKMTTON CO) ACCEPTS CARGO DUE SUS RAJAH BROOKE MX Muva Lab 14-15 Fat It Fafc 17 FA FC L. LCI CONTAMM AND MtAR1,681 words
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Advertisement2823 1994-02-15 27 SINGAPORE AGENT: PXtO pAllteiinAfC Pao Container# (Singapore Agencies) Pte Ltd 4XV/ V jlillL|4lllvl 10 Hoe Chiang Road #07-01 Keppel Towers, Singapore 0208 HI w— Tel: 225 2233 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 CR Number: **********02 r 1 < i i' VISBCL VOY 'PMO 'NO Ml MU AXT2,823 words
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Page 28 Advertisements
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Advertisement596 1994-02-15 28 EKA JAYA AGENCIES VliT TEL: *****22 (8 LINES) FAX: *****05 SALES REPRESENTATIVES IN CHARGE WE WISH ALL OUR CUSTOMERS A HAPPY AND PROSPEROUS LUNAR NEW YEAR TO MYANMAR/YANGON 81 Ml CONTAINER BERVICE M OCEANLINES m/m stow IBH 28/2 5/3 13/3 YANGON GEN. AGENT: MYANMAR MARINE CO LTD TEL: (95) *****596 words
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Advertisement1694 1994-02-15 28 H ANJIN SHIPPING BOOKING TEL:- *****35-237 OPERATION TEL: *****41-253 SALES TEL:- *****22-233 DOCUMENT TEL: *****71-275 FDR VSI SM ILit HAU. SEA TW TOI FOR SM |UK MM. SAV U NTC HANIN FELIXSTOWE 0201 18/2 H. L£HAVR£ 025E 10/3 11/3 12/3 HMUN FELIXSTOWE 020E 18/2 HMUN TOKYO 001E 24/3 25/3 27/31,694 words
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Advertisement1540 1994-02-15 28 4 T H"H;N Inn scp use mc uc pus wi osx kt jnz no iu cm bm ntc un im u i» wc rs> cm m I L OMIT R OSS 15/2 17/2 21/2 23/2 25/2 irS/2 1/3 VI «/3 «/3 5/1 17/3 2»/3 31/3 1/4 11/4 13/4 14/4 15/41,540 words
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Page 29 Advertisements
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Advertisement2395 1994-02-15 29 H II sex: 'NEPTUNE CYPRINE 06E' eta sgp 16/02/94 II H JBSSZ II ARRIVING LOS AN6ELES 05/03/94 IN 16 DAYS HI II Mb #W i/*r II AEX: 'NEPTUNE LAZULI 05E'ETA SGP 16/02/94 II Hp ARRIVING NEW YORK 12/03/94 IN 23 DAYS HI EXPORT TO: PSW/PNW SINGAPORE CALIFORNIA EXPRESS (SCX) TO:2,395 words
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Advertisement1308 1994-02-15 29 I A I MULTILINE SHIPPING PTE LTD p# (a member of SMSOV Group) hkSJH CR NO: **********0 C ENQUIRIES: *****33 BOOKINGS: *****64, *****51, *****31, *****13 BALTIC: INWARD *****97 OUTWARD *****10 T/S *****10 A BLASCO: INWARD *****65 OUTWARD *****28 T/S *****46 FESCO: BOOKINGS *****06 DOC *****07 MARINE INSURANCE: *****87 INVENTORY: *****591,308 words
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Page 30 Advertisements
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Advertisement1551 1994-02-15 30 vff AS AGENTS: "K" LINE (SINGAPORE) PTI LTD (CI Ntt 1244<*****0«) I TEL: *****77 TELEX: KAWAKI R*****5 FAX *****16/7/8/9 I T MALAYSIA: 1" LINE MARITIME (MALAYSIA) SDN BHO I TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 INDONESIA: P.T. SAAANA LAtfT INTEANUSA, TEL: JKT *****08 N. AMEMCA-RACfftC1,551 words
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Advertisement809 1994-02-15 30 @APPENSHIP (S\ HAMBURG ITvy CONVENTIONAL A INDEPENDENT LINER SERVICE EUROPE TO SOUTH EAST ASM AND FAR EAST VfSStIS 10ADMG PORTS DBCHMGE/LOUMG FOR VASILIY MATUZENKO 09 10 94 UNISON ANTWERP 52 94 3.394 INZHENER PARK MO NY UK TARRAGONA 21.2.94 18.3 94 KOALA CONTAINER LINE STOME FLX HAM ROT LEH OKK809 words
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Advertisement286 1994-02-15 30 GOLDEN LINE LftJV GUAN GUAN SHPPWG U2<X\ (PTE) LTD 23, TtM »r* SMCAK* 01M TU burnt (II 1MB) Far S343SM (Ct N*. III29UMMR) »T*AIT»/PKtt»IAM CULT MITICI S pore P. Mang Penang SOLDO! KM Kjf«cl« Dab* 11/21 F* n« CMCE Mr Kin Dubai 4/J ttm cbwa »nmcK GOLDEN ROWER China Ports286 words
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Page 31 Advertisements
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Advertisement950 1994-02-15 31 PACIFIC INTERNATIONAL LINES (PTE) LTD! I SSSSrn 140 Cec stree #03-00 PIL Building. Singapore 0106. I SSSSSSSHcr no icx)8067ooooe I VESSEL VOY SIN CMS JIB JED AQJ AOE HOO PZU ASA KOTA WIJAYA WJAO37 17/2 24/2 2/3 4/3 6/3 3/3 7/3 11/3 KOTA BERKAT BKTOO7 1/3 6/3 13/3 19/3 15/3950 words
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Advertisement1089 1994-02-15 31 VESSELS VOY r*" HAMBURG ROTTERDAM ANTNERf THAMES IE HM« HAWSA CARRKR 7332W 11/02 13/03 15/03 K/03 17/03 11/03 WILE 01 tUtW* 7032W 27/02 l«/ 03 20/03 21/03 22/03 23/03 WLE DC AQULA 7532* 01/03 01/0* 03/0* 04/04 05/04 06/04 mi DHYDRA 1232W 0«/04 10/04 11/04 12/04 13/04 •AISO ACCfPTMG CARGO1,089 words
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Advertisement396 1994-02-15 31 BSfl A mm MYANMA wBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIj Pen P.Gdf LASHIO VI64W hi Port MP* AN VI99W 16/11 Ftfc PAGAN V2O6W 17/19 Feb MALAYSIA AGENTS BOUSTtAO SUPPING AGENCCS Km TEL 03-*****00 PKL: TEL 03-3M6767 PEN Ttl 04 *****5 PGD: TEL 07396 words
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Page 34 Advertisements
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Advertisement962 1994-02-15 34 —^^I^M—l^^^^l— Tel shinyei shipping (S) pte ltd 10 ANSON ROAD #15-01/02 INTERNATIONAL PLAZA SINGAPORE 0207 CR NO: **********0N HOT LINE: *****38 (8 LINES) EUROPE ROTTERDAM, HAMBURG FELIXSTOWE 20/2/94 LE HAVRE/ANTWERP MEDITERRANEAN BARCELONA, MARSEILLE, GENOA 24/2/94 USA LOS ANGELES, NEW YORK 20/2/94 'ALL IPI DESTINATIONS. f NATIONAL EXPRESS 1 W-J FORWARDERS962 words
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Advertisement181 1994-02-15 34 /A TO AUSTRALIA/NEW ZEALAND [~wi te Fr«« M* Sftf *acfc P. C)Mk« c Mo* ui «7T 12/j w/ j nan/i H7i •miwroi Jri 5175 IST* u/« ~7* am NUDK 355 11/4 19/4 24/4 "TTTi 575 575 ■man 5575 575 575 5575 Tt7s 5575 MA AUCKLAND TO USA/CANADA Sin b«port CH«r*»lo«|181 words
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Page 35 Advertisements
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Advertisement693 1994-02-15 35 FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) Jll «Til»1 J riiill 'Bill] IH 11 GOTHENBURG/SCAN 21/2 ROTTERDAM 21/2 AARHUS/COPENHAGEN 24/2 HAMBURG/BREMEN 21/2 MARSEILLE/FRANCE 22/2 FELIXSTOWE/UK 16/2 BARCELONA/SPAIN 21/2 LEHAVRE/FRANCE 16/2 GENOA/ITALY 2V2 ANTWERP/BELGIUM 21/2 Bf V w«OTVTfT i T l 4TT!FTiVHM693 words
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Advertisement1060 1994-02-15 35 B^gggg^r ——-***&>*& w B PHI .11 II i VESSEL *0* *51 VESSEL VOY SIN PEW mm 4 wana shum ?isa tw mpi st is/2 s DEJA BHUM 452, Fn It/2 s «t 18/2 flfl HI [VESSEL VOY 3 N BKK f SW< WUW MS St 18/2_ Tw 22/2 THANA SHUM1,060 words
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Advertisement667 1994-02-15 35 Guaranteed Sailings to: BANGKOK *LAEM CHABANG JAKARTA PORT KELANG •HO CHI MINH MANILA CEBU •SURABAYA PENANG HONGKONG We also serve other ports: USA, EUROPE\ CHINA AND ALL DESTINATIONS pi DONGNAMA LINE COtfTAWRMEP MINK* rnWT»/SLW/WC/»«U DfSSEL Hw PNG M BSD MC smomc nuoa 11/2 n/2 21/2 22/2 v> «/3 HONGKONG SLOT667 words
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Page 36 Advertisements
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Advertisement1705 1994-02-15 36 AAAmn 66NtAiri£ft LINES, INtl -iv /\--|Afl#nU: MAC-NELB SPORE: *****22 (24 LINES) (PANAMA \Zj\S 'c/R Mac miwimiß SIBU (064) *****9 KUCHINQ (062) *****3 PENANQ: (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 P.KELANQ: (03) *****77 JAKARTA: (21) *****07 SURABAYA: (31) *****0 HK6/TWN/BKK GENOA/EUROPE I PEN PKL SIN 5 SAILINGS/WEEK PEN PK1,705 words
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Advertisement187 1994-02-15 36 I SEAWARD SHIPPING AND I TRADING CO (S) PTE LTD ni n* n» srat tout helms pwarg am mk n/2 u/z loadiif tor Malt DIMM HUOHU 28/ 2 focharpni ml loadm| tor Boflitor oarnn 27/2 lo«*Tf For UM naci sum* 21/2 loMknf For MM UMCEDH 14/2 lojdinj For Mite NOCKS187 words
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Advertisement1061 1994-02-15 36 JL THONG SOON UNES PTE LTD 1 78 SHENTON WAY #10-01, SINGAPORE 0207 I \J W TEL: 227-5088 FAX: 227-6011 I TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I SINGAPORE TO SARAWAK VESSEL VOY S PORE PEST VESSEL VOT js PORE ItEST EQUATOR JADE 103/4E 17 FEB KUCHING1,061 words
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Advertisement18 1994-02-15 39 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m Business Times i18 words
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Advertisement48 1994-02-15 39 —~j Executive Housekeeper-this I waffe is me. Bub I'll never neglect 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 shin Min Daily News Berita Harian Berita Minggu Singapore Pres* Holdings48 words
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Advertisement312 1994-02-15 40 VIGOUR PACIFIC LINES I VESSEL VOYAGE VIGOUR SINGAPORE 9408N 18/02/94 26/02/94 VIQQUR SINGAPORE 9408 AN 21/Q2/94 26/02/94 H VIGOUR PACHC 9409N 25/02/94 05/03/94 FRIMT MOND Y ,IW p ppfty VESSEL VOYAGE SINGAPORE PORT KLANG PENANG SINGAPORE SOCOC 1 9403N 18/02/94 20/02/94 21/02/94 PENANG JAYA 832 18/02/94 20/02/94 21/02/94 SOCOI I312 words
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Advertisement297 1994-02-15 40 AMY ON HOLIDAYS WHEN YOU SHIP WITH US /%mJUU/// BRtAKBULK fir CONSOLIDATION SI RVICF.S ITf; LTD H| Mil m i llOUili 37 IHHUWI Ilill bln»vi|K*«-02f«« l< I 225H3321«\ 224 3343 =A 7l* v «S. i^!f' c TITIMAS SHIPPING U TRADING SDN. BHD. TmNflfr KELANG (03 >*****55 (H/Lirw) Fax 03-*****83 Tlx297 words
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Advertisement226 1994-02-15 40 icosca s UKC CONVENTIONAL IBWCt VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHWHA CONVENTIONAL SEW VICE VESSEL PKL PNG PG. LOADING FOR: A VESSEL 15/02 20/02 Huangpu/Guangzttou COSCO FULL CONTAINER SEW VICES (FCL/FCLI EXPORT TO: CMNA/BANGKOK/HONGKOMQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Plmm refer226 words
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Page 40 Miscellaneous
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Miscellaneous688 1994-02-15 40 TODAY'S TIDES (height in metres) HOW 0000 0100 0200 0300 0400 0500 0600 0700 0100 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 23fl 2.1 2.6 2.7 2.6 2.3 1.7 12 0.1 OJ 0.7 1.0 1.5 12 2.6 2J 2.7 2.3 1J U OJ688 words
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Advertisement998 1994-02-15 41 I HYUNDAI I MEBCHANT MARINE CO. LTD. WESTBOUND TO EUROPE BKG: *****61 KSSEIS VOT I WW PKE I P6O I VESSELS VOY ISW I IM* AWT* LEW HAM Bttj FEL NOR MALACCA 9407 A 14/01 15/02 17/02 H. FRONTO 309* 21/02 11/03 12/03 14/03 13/03 13/03 15/03 HMM ADVANCE 038998 words
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Advertisement451 1994-02-15 41 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO ft HEAVY LIFTS INBOUND VESSELS VESSEL NT V n uc u CB9K TUMI 143 11/2 »/2 IMS* 111 l/l 1/1 Mill MM 111 7/1 OUTBOUND VESSELS LOADIMC FOR TYO/SEW SEKI AKESHI VBS PK 21/2 LOADWC FOR StU/NAC SEKI NAGOYA VH PK m 2451 words
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Advertisement901 1994-02-15 41 VESSEL [VOY |SW CTH/P I LAX I OAK I CH DAL BEM/Ca I HOU 1 NYC I NOR ALLIGATOR HBOC 4)A 17 11/0? ot/03 M/ 03 09/03 10/03 10/03 11/03 11/03 12/03 GEORGE NASHNGTON 7IA 24-25/02 13/03 15/03 16/03 17/03 17/03 11/03 11/03 H/03 ALLIGATOR VICTORY 51A 03-04/03 20/03 22/03901 words
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Advertisement0 1994-02-15 42 %*><&^>?/%,&^@'}@-)!<_-'@.~$:$]0 words
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Advertisement0 1994-02-15 42 *!.?^~`..'~:>[]$,<"[~@'/,~^&^+-0 words
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