The Business Times, 22 February 1994
1994-02-22
1
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The Business Times
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Title Section12 1994-02-22 1 Business Times WE KNOW ASIA MITA(P) 010/12/93 Tuesday February 22 1994 75*12 words
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2am LATEST
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47 1994-02-22 1 Reuter WASHINGTON President Bill Clinton last night said Bosnian Serbs were in "effective compliance" with Nato's demand that they withdraw their heavy weapons from around Sarajevo, but he said any violation would bring a "certain and swift" response from the West.— RouterReuter - 47 words
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45 1994-02-22 1 AP BRUSSELS The European Union could rescind its offers to open some markets if Washington does not fulfil commitments it made during the Uruguay Round of world trade talks. France's Minister for European Affairs. Alain Lainassoure. said last night. APAP - 45 words
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Article161 1994-02-22 1 Stock market indices Monday Change STII 2.350.87 +16.60 KLSE Comp 1.086.91 +0.18 Nikkei 19.393.94 +434.34 Hang Seng 10.456.45 -369.43 SET Index 1.446.87 -9.21 Jakarta Comp 543.76 -11.02 CLSA China B ....1.243.92 -11.47 Ausi All Ord 2.178.5 -44.7 FTSE 100 3.350.3 -32.3 Monday Previous close Dow Jones closed 3.887.46161 words
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730 1994-02-22 1 Anna Teo - Ministry forecasts broad-based growth this year of 6-Bpc Reports by Anna Teo SINGAPORE The economy grew 10.7 per cent in the 1993 fourth quarter to turn in at 9.9 per cent for the full year. Growth this year, while expected to slow730 words
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346 1994-02-22 1 SINGAPORE Productivity growth reachcd 6.4 per cent last year, the highest annual growth in almost a decade and surpassing real wage gains for the first time since 1988. Nominal average monthly earnings rose 6.3 per cent last year, lower than the 7.5 per cent346 words
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340 1994-02-22 1 SINGAPORE The release of strong economic figures and a late surge in Malaysian share prices sparked a mini-rally here yesterday. But fears of higher interest rates depressed stock prices in Hongkong and Thailand. Analysts said foreign institutions bought in Singapore on340 words
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269 1994-02-22 1 Lilian Ang - By Lilian Ang SINGAPORE Former Trade and Industry Minister S Dhanabalan has joined an investment company linked to the Indonesian Nursalim family as a senior adviser. Sources say Mr Dhanabalan joined the company. Nuri Holdings, this month. Nuri. incorporated in269 words
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Article, Illustration616 1994-02-22 1 Leslie Lopez - From Leslie Lopez in KOTA KINABALU JOSEPH Pairin Kitingan survived a brief, but intense, power struggle to emerge as the chief minister of the Malaysian state of Sabah after a bitterly fought election over the weekend. Mr Kitingan's confirmation as chief ministerAFP - 616 words
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Page 1 Advertisements
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Advertisement215 1994-02-22 1 FRESH BREATH IN A FLASH VERY STRONG, v very REFRESHING m CONTENTS 3 Regional News 4.5,6 Financial 20.21 World News 7.8 Features Markets Analysis 15 Oob/KISE. SES 2426 Editorial 14 Regional 22 Sports 9 Work) 23 TV/Lifestyle 11 Currencies 20 Property 12.13 Smw/Commo 20.21 Subscription Tel 1800 *****77 Fax *****75215 words
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Advertisement30 1994-02-22 1 Property: r* u Far East Organisation: Changing values? Asian Aerospace '94 This special BT supplement comes free with your paper today. For enquiries, call SPH Customer Services toll-free hotline 1800-*****7730 words
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Advertisement15 1994-02-22 1 Hock Lock Siew: p* 17 Tasting F&B stocks Aztech shares 7.9 times subscribed Page 1715 words
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Advertisement18 1994-02-22 1 The Bottom k rfJi Bludgeoning the Japanese wouji'tfork How the sectors performed, Page 2 Full reports. Pages 22-2618 words
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Advertisement29 1994-02-22 1 No Time for Coffee? Try Htt Coffee-Fit Y. im Ik, A sX> v BAUY •OUUQOCS Raffles Hotel Arcade Tel 33f1034fl Uetan Scofts Tel *****53 Takarfwnaya Dept Store Tel *****2929 words
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FOURTH QTR 93 ECONOMIC SURVEY OF SINGAPORE
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Article, Illustration685 1994-02-22 2 THE manufacturing industry expanded by a robust 9.8 per cent last year, spurred by a 23 per cent surge in the electronics sector which traditionally accounts for more than a third of the industry's output. Other indicators were also bright: The industry attracted investment commitments685 words
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347 1994-02-22 2 STRONG growth in entrepot trade helped the commerce sector almost double its rate of growth in 1993. The sector grew by 8.5%, compared with just 4.5% in 1992, as entrepot trade surged 17%. The rebound in entrepot trade was fuelled by347 words
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344 1994-02-22 2 LAST year's quarterly growth rates, cspccially those of the financial and business services sector, have been revised sharply upwards. In particular, the thirdquarter growth has been jacked up by a full point from the 9.2% announced last November to 10.3%. The adjustments to344 words
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Article, Illustration298 1994-02-22 2 RETAIL sales were lacklustre, growth in visitor arrivals was lower and revenue from hotel rooms and food and beverage operations was only marginally higher last year. The 1993 economic survey shows that despite stronger economic growth, the retail sales constant price index rose by 4.9 per298 words
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Article, Illustration302 1994-02-22 2 THE construction sector, which grew by a slower pace of 8% to S 10.5 billion last year, is expected to continue levelling off this year. A Ministry of Trade and Industry official said at yesterday's economic survey briefing that the volume of contractsSource: Urban Redevelopment Authority/ Construction Industry Development Board - 302 words
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230 1994-02-22 2 THE Budget surplus widened last year. While the government's operating revenue rose 13 per cent to 519.5 billion, spending rose just 2.2 per cent to $12.6 billion, the latest economic survey shows. The result was an operating surplus of $7 billion an increase of $2230 words
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301 1994-02-22 2 Transport communications: 10.1pc growth in last quarter THE transport and communications sector grew 10.1% in the last quarter, just a notch below its revised third-quarter growth of 10.2%. The strongest performance was, however, in the second quarter when it grew by 10.7%. For 1993 as a whole, the sector expanded301 words
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506 1994-02-22 2 Financial business services sector up 13pc THE financial and business services sector more than doubled its growth rate last year, expanding 13% compared with 5.3% in 1992. But analysts say the spurt is unlikely to be repeated this year. The sector was the strongest growth component in the economy last506 words
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SURVEY SNIPS
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141 1994-02-22 2 LIKE the domestic wing, the external economy grew last year. Nominal gross national product (GNP), which takes into account foreign operations, grew by 12% in 1993, slightly slower than the 13% rise in nominal gross domestic product. This was due to lower foreign141 words
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Article86 1994-02-22 2 SURGES in both domestic and external demand last year, thanks to the stronger domestic and United States economies and buoyant growth in East Asia, contributed to a 15% increase in total demand. Growth in total demand in 1992 was just 6%. External demand, which accounted for three-quarters86 words
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Article144 1994-02-22 2 THE NATIONAL savings rate dipped marginally from 47.3% of GNP in 1992 to 46.9% last year. Still, the $42.3 billion gross national savings up by 11% in the year was more than enough to finance stock and capital build-up. As a result, the current account was144 words
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Article143 1994-02-22 2 SINGAPORE became more competitive vis-a-vis the other Asian newly industrialising economies last year judging by the manufacturing relative unit labour cost (RULC) index. Measured against the NIEs. Singapore's RULC index in US dollar terms fell by 2.2% last year following a 9.4% jump in143 words
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Article176 1994-02-22 2 A TOTAL of 6,040 workers were retrenched last year, according to a survey of 6,000 private sector companies. In 1992, the number of workers axed was 5,950. Most of those retrenched last year were from the manufacturing sector (4,670), particularly in the electronics, fabricated176 words
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Article80 1994-02-22 2 THANKS to higher growth in real estate and housing projects, the business services sub-sector rose by 7 per cent last year compared with 5.6 per cent in 1992. Investments in services totalled $470 million in business spending and 5352 million in fixed assets. Activities relating80 words
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Article66 1994-02-22 2 OF THE 2.4% rise in the Consumer Price Index (CPI) last year. 2.3% points were due to domestic factors and 0.1 point to external factors. Inflation inched up to 3% in the final quarter last year. An MTI spokesman declined to forecast the 1994 inflation rate beyond66 words
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Article57 1994-02-22 2 THE GDP deflator, which measures the price level of total economic output, also rose 2.4% last year, up from 2.1% in 1992. Thanks to the stronger domestic and regional economies, the deflators for most expenditure groups (consumption, capital spending, exports and imports of goods and services) showed57 words
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Page 2 Advertisements
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Advertisement14 1994-02-22 2 Reports by Genevieve Cua, Quak Hiang Whai, Anna Teo, Lilian Ang and Rahita Elias14 words
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SINGAPORE NEWS
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607 1994-02-22 3 Ramesh Divyanathan - The OSA Trial By Ramesh Divyanathan A SUBORDINATE Court heard yesterday that it was "highly unlikely" that a stockbroking research head charged under the Official Secrets Act (OSA) could have seen secret data during a meeting in June 1992 with a government607 words
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200 1994-02-22 3 THE Singapore International Monetary Exchange is reviewing the Hongkong-based Morgan Stanley Capital International contract. Simex chairwoman Elizabeth Sam said yesterday the performance of the contract, launched last March, had been disappointing. "We are reviewing the contract but have no predetermined view on whether it should200 words
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Article, Illustration250 1994-02-22 3 LABOUR MP and former NTUC Fair Price executive Lew Syn Pau has joined Banque Indosuez in Singapore as deputy general manager. It is a new position and he is widely seen as the eventual successor to general manager Jean-Herve Monier.250 words
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Article, Illustration448 1994-02-22 3 Juliette Walker - Asian Aerospace '94 Reports by Juliette Walker ASIAN Aerospace '94 takes ofT today, with record attendance and participation to mark the steep flight path of the regional aerospace industry. The show's manager. Reed Exhibitions, expects the sixday exhibition to attract morePhoto by Arthur Lee - 448 words
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330 1994-02-22 3 SINGAPORE Hughes Aircraft Co aims to boost its activities in the Asia-Pacific area by setting up joint ventures and other alliances with companies here, the US aerospace giant's senior vice-president of marketing said yesterday. Gareth Chang, also president and chief330 words
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80 1994-02-22 3 SINGAPORE Airlines has been awarded the 20th Year Excellence Award in the category of international service b\ the US-based trade journal, Air Transport World (ATW). SIA won the award last night at a dinner-cum-awards ceremony to celebrate ATWs 20th anniversary. The other winners of80 words
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277 1994-02-22 3 THE trial on a multiple share application case of Kim Eng Securities remisier Ang Lay Leong began in a district court yesterday. The prosecution tendered 10 amended cheating charges against Ang, 44. The original charges he faced were punishable with up to seven years' jail,277 words
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Article50 1994-02-22 3 Corrections clarifications TRANSCO Holdings Ltd has pointed out that it paid NZ$5.l million for a 50.3 per cent stake in New Zealand's Property Link Holdings Ltd, and not NZ$l7.7 million as reported by BT last Saturday. Transco's investment in Property Link comprised 17.7 million shares, and debentures worth NZ52.25 million.50 words
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Page 3 Advertisements
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Advertisement25 1994-02-22 3 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. SINGAPORE nfl Business Times WE KNOW ASIA25 words
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Advertisement171 1994-02-22 3 d\ Prime Branch Office Locations Impressive Furnishing Up-to-date aejrsaar-^*y-r--. -*r-Servcorp-The World's Finest Serviced Offices At just a fraction of traditional office costs, Servcorp makes even small one-man businesses look like a million dollars! Servcorp's compact offices offer the spectacular infra-structure of large corporations, amidst the most luxurious business setting. Less171 words
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Advertisement13 1994-02-22 3 More stories on Shipping Times Pg 18; and Asian Aerospace Supplement Pg Four13 words
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SOUTH-EAST ASIA
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ASIA NOTES
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Article117 1994-02-22 4 Reuter KUALA LUMPUR The first of 28 British Hawk fighters, which Malaysia bought in an arms deal that has caused problems for both governments, arrived in Malaysia yesterday. Malaysian Air Force officials said the first Hawk 100 landed at Butterworth Air Force Base, across from theReuter - 117 words
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Article97 1994-02-22 4 Reuter VIENNA North Korea is linking a date for the promised inspection of its suspect nuclear facilities to negotiations with the United States, the International Atomic Energy Agency (lAEA) said yesterday. Pyongyang's latest condition appears to put a further hurdle in the way of theReuter - 97 words
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Article72 1994-02-22 4 Bernama KLANG The Malaysian government will amend the Roads, Drainage and Buildings Act 1974 to have more people bear responsibility should a building collapse. Housing and Local Government Minister Ting Chew Peh said here on Sunday. He said existing provisions stipulated that only the projectBernama - 72 words
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Article106 1994-02-22 4 AP HANOI Vietnam may not be able to meet the increasing demand for cement which has been spurred by a construction boom in recent years. Production rose from four million tonnes in 1992 to 5.2 million tonnes last year, but demand this year is expected toAP - 106 words
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Article92 1994-02-22 4 AP HANOI A Vietnamese diesel engine factory located in the Bien Hoa industrial complex a major American military centre during the war will export 2,000 engines to the South-east Asian market this year, a government report said on Sunday. The government-run Vietnam News Agency saidAP - 92 words
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104 1994-02-22 4 Bernama KUALA LUMPUR Malaysia's industrial production index rose 9.5 per cent last year to 165.9 points from 1992 on the back of increases in all three divisions surveyed manufacturing, electricity and mining. The index for the manufacturing division rose by 12.8 per cent over theBernama - 104 words
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312 1994-02-22 4 Andrew Cooke - From Andrew Cooke in BANGKOK THE state-owned Petroleum Authority of Thailand is throwing its financial might behind a planned liquefied natural gas (LNG) power plant project to meet the country's surging electricity needs. The authority is negotiating with LNG suppliers in Indonesia,312 words
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Article, Illustration167 1994-02-22 4 AP HANOI Asean secretarygeneral Ajit Singh and Vietnam's Foreign Minister Nguyen Manh Cam began talks yesterday on full membership for Vietnam in the association. Vietnam now holds observer status as the only communist country in Asean. Since switching to a free market inAP; AFP - 167 words
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426 1994-02-22 4 Reuter. AFP KUALA LUMPUR Malaysia and Indonesia were discussing ways to boost world oil prices. Syed Hamid Albar. minister in the Malaysian prime minister's department said yesterday before a meeting with the Indonesian Mines and Energy Minister Ida Bagus Sudjana.Reuter.; AFP - 426 words
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281 1994-02-22 4 The Straits Times JAKARTA President Suharto has underlined his government's commitment to continuing the development of Batam. saying its growth would in turn spur growth in other parts of Indonesia. The island, part of the Riau province south of Singapore, would also play anThe Straits Times - 281 words
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186 1994-02-22 4 AFP JAKARTA Indonesian authorities would take over three chemical plant projects belonging to a company involved in a USS43O million (SS6B2 million) credit scam, the Indonesian Finance Minister said yesterday. Antara news agency quoted Mar'ie Muhammad as telling a parliamentary commission here that theAFP - 186 words
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342 1994-02-22 4 AFP, Reuter MANILA The government will not stop the new majority owners of Philippine Airlines (PAL) from replacing the mon-ey-losing airline's management, the Philippine president's executive secretary Teofisto Guingona said yesterday. Mr Guingona said President Fidel Ramos has calledAFP,; Reuter - 342 words
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241 1994-02-22 4 AFP MANILA President Fidel Ramos yesterday vowed to revitalise one of the Philippines* economic pillars the ailing coconut industry and to hold onto the nation's position as the world's top coconut-oil producer. "The coconut industry is a major pillar ofAFP - 241 words
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369 1994-02-22 4 Bernama KUALA LUMPUR Former Malaysian finance minister Razaleigh Hamzah denied in the High Court yesterday that he was the mastermind of a scheme using the defunct Carrian Group in Hongkong and its former chairman George Tan to carry out business venturesBernama - 369 words
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Advertisement26 1994-02-22 4 taste buds to a really Jr jj? jJ m o u th-watering E i,' Coast ft iikwoyClvilet V x Singapore 1544 Tel 448 85.1 vtv m26 words
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Advertisement155 1994-02-22 4 The SIM, in collaboration with Henley Management College and Brunei University, invites applications for the 3rd intake of the DBA programme. METHODOLOGY PROGRAMME STRUCTURE The doctoral programme stretches over 3 years on a part-time basis. The key features of the programme include a short residence at Henley for the Advanced155 words
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CHINA/HONGKONG/TAIWAN
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Article, Illustration396 1994-02-22 5 Schutz Lee - By Schutz Lee SINGAPORE China's demand for polyester is expected to outstrip domestic supply by 300,000 tonnes this year, and by varying amounts in years to come. However, foreign firms are unlikely to benefit much from this situation in the near future. ThisSource: Tecnon estimates - 396 words
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353 1994-02-22 5 UPI BEIJING As Chinese and US negotiators began discussing China's bid to rejoin the General Agreement on Tariffs and Trade (Gatt) yesterday, Beijing said it would consider additional concessions in an effort to bolster its bid. China has already drastically reshaped itsUPI - 353 words
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CHINA WATCH
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Article77 1994-02-22 5 Reuter HONGKONG Consumer prices in the southern city of Guangzhou are rising even faster than last year despite plans to clamp down on inflation, the China News Service said yesterday. It quoted a municipal official as saying: "It is certain that the rise is higher thanReuter - 77 words
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Article, Illustration38 1994-02-22 5 AFP BEIJING Visiting Slovak Premier Vladimir Meciar (right) talking to Chinese officials during a tour of the Forbidden City yesterday. Mr Meciar's visit is to further diplomatic, trade and economic ties between the two countries. AFPAFP - 38 words
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Article73 1994-02-22 5 Bloomberg Business News TOKYO Zhu Rongji, China's vice-premier and top economic planner, will meet with corporate leaders during a visit to Japan that begins tomorrow, said a Chinese official in Tokyo yesterday. On Friday morning, Mr Zhu will be have breakfast with Mitsubishi CorporationBloomberg Business News - 73 words
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72 1994-02-22 5 Bloomberg Business News HONGKONG Shanghai intends to introduce preferential policies aimed at attracting international banks, investment groups and multinational companies to set up their regional headquarters in the city, the semi-official China News Service (CNS) reported on Sunday. CNS said the Shanghai authorities hoped thatBloomberg Business News - 72 words
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87 1994-02-22 5 Bloomberg Business News BEIJING A consumer spending spree during the Chinese New Year holiday may undermine government effort to curb inflation. Retail sales rose 22 per cent in January from a year earlier, the Financial News said yesterday. Wang Shiyuan, vice-minister of the State Commission forBloomberg Business News - 87 words
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189 1994-02-22 5 Bloomberg Business News BEIJING China will expand access that international mining companies have to its mineral reserves, the official China Daily said on Sunday. China welcomes foreign investment in prospecting and exploitation of its energy and mineral resources, said Zeng Shaojin,Bloomberg Business News - 189 words
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Advertisement34 1994-02-22 5 m Ait IViMR• |H QBlfV 1 mOk J W IP Jk 1P 1 m f M T Italian Restaurant Bar Singapore's Biggest And Most Outrageous! WL At the comer Bras Basah and Beach Roads34 words
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REST OF ASIA
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396 1994-02-22 6 AFP, AP MANILA Economic prospects of developing Asian nations will remain bright for "many years" to come, but more effort is needed to attack poverty and other problems, the Asian Development Bank (ADB) said yesterday. ADB president Mitsuo Sato saidAFP,; AP - 396 words
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Article, Illustration52 1994-02-22 6 AFP MEDHI, India Two toddlers eating grapes yesterday inside a relief tent. For the last six weeks, some 1,500 residents of this village, 165 km north of Bombay, have been sleeping under the stars or in relief tents rather than in their homes because ofAFP - 52 words
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141 1994-02-22 6 AFP SEOUL South Korea is betting its economic future on China's booming market as the two former adversaries become among Asia's most crucial trading partners only 18 months after the normalisation of diplomatic tics. China has emerged as South Korea's third-largest trading partnerAFP - 141 words
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328 1994-02-22 6 Reuter TOKYO Japan's interest rate deregulation, which could be a boon to individual savers, is caught in the crossfire of long-standing conflict between Japanese banks and the mighty postal savings system. The country's postal savings system is the world's largest publicReuter - 328 words
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336 1994-02-22 6 Reuter, Bloomberg Business News ISLAMABAD The government has decided to privatise 26 per cent of Pakistan Telecommunication Corporation (PTC) and to sell it to a consortium of private investors. Information Minister Khalid Ahmad Kharal said yesterday: "The Cabinet decided that PTC should beReuter,; Bloomberg Business News - 336 words
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148 1994-02-22 6 AFP SEOUL Brisk sales of armoured vehicles to Asian nations helped South Korean arms exports treble in 1993 over the previous year to US$75 million (SSII9 million), military sources said yesterday. The biggest importer of South Korean weapons last year wasAFP - 148 words
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Article, Illustration266 1994-02-22 6 Bloomberg Business News CANBERRA Australia's new Finance Minister says he's considering proposing small tax increases, but has ruled out recommending a large tax hike because of a stronger-than-ex-pected recovery in the nation's economy. The draft Budget for the fiscal year beginning July 1Bloomberg Business News - 266 words
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Page 6 Advertisements
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Advertisement176 1994-02-22 6 9 Fact is, the Panasonic plain paper laser facsimile is so advanced and reliable, it's used in many statutory boards and government offices. We have recently won a goverment tender to supply more than 100 of them. Why? Simply because of the facts: FACT 1. With the Panasonic plain paper176 words
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THE WORLD
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621 1994-02-22 7 AFP PARIS The United States no longer wants a European to head the Organisation for Economic Cooperation and Development (OECD), which is set to assume wider tasks in a changing world economy with Asians and Latin Americans among the major players,AFP - 621 words
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Article, Illustration53 1994-02-22 7 AFP MOSCOW Enterprising teenagers in Moscow have resorted to tapping the bowels of Moscow's underground central heating system for hot water. For 20,000 roubles (5520.65) a car, the youths brave the frosty weather to give the fancy cars of the Russian nouveau riche aAFP - 53 words
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400 1994-02-22 7 NYT CHICAGO Business executives are praising President Clinton's decision to take a tougher stance with Japan over trade but are divided about how much the administration can improve the situation. "It's time the Japanese understood that this chronic deficit is intolerable," saidNYT - 400 words
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WORLD WATCH
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93 1994-02-22 7 Reuter NEW YORK The United States would take unilateral military action if its security was threatened or if an unstable country developed long-range nuclear weapons, Nensweek reported on Sunday, quoting a White House document. Newsweek said the Presidential Review Document 13 spelled out theReuter - 93 words
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71 1994-02-22 7 Reuter MOSCOW Russia's 1994 budget deficit might be within 5 per cent of the gross domestic product, Postfactum news agency quoted acting finance minister Sergei Dubinin as saying yesterday. Mr Dubinin expected budget income to be 118 trillion roubles (SSI2O billion), andReuter - 71 words
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Article77 1994-02-22 7 Reuter BEIRUT Lebanon has invited contractors to offer tenders for a US$55O million (SSB74 million) rehabilitation of the infrastructure of Beirut's war-ravaged centre. The plan is the first practical step in a project to rebuild the capital's downtown area. In an advertisement in Beirut newspapers,Reuter - 77 words
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113 1994-02-22 7 UPI LONDON The Conservatives are likely to lose another scat to the opposition Liberal Democrats in the British parliament when a by-election is held in the southern English constituency of Eastleigh, a poll found yesterday. The poll of Eastleigh voters for the Independent newspaperUPI - 113 words
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Article44 1994-02-22 7 Reuter ASHGABAT, Turkmeniya The former Soviet republic of Turkmeniya cut its gas supplies to Ukraine yesterday because of that country's non-payment of outstanding bills, a senior official said. He did not say by how much supplies were cut. ReuterReuter - 44 words
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Article, Illustration571 1994-02-22 8 IHT BRUSSELS Fearing that its prescription for fighting Europe's employment crisis could die a quiet death, the European Commission plans to devise a scorecard to show how well each European Union mem-ber-nation is following its recommendations. The 12 nations' scores willIHT - 571 words
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Article, Illustration467 1994-02-22 8 FT BONN Chancellor Helmut Kohl yesterday faced one of the greatest challenges of his long career in German politics: to persuade his own Christian Democratic Union to shake off a mood of deep pessimism and believe that it can win theFT - 467 words
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365 1994-02-22 8 Bloomberg Business News MEXICO CITY The Mexican economy grew 0.4 per cent in 1993, its lowest growth rate in seven years. That marks a sharp deterioration from government forecasts of just three months' back. In November, Finance Minister PedroBloomberg Business News - 365 words
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239 1994-02-22 8 NYT WASHINGTON Seeking to automate its way out of a morass of paper by encouraging the electronic filing of tax returns, the Internal Revenue Service now faces a costly threat from thieves using the technology to get fraudulent refunds. Officials say theNYT - 239 words
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Advertisement10 1994-02-22 7 Bludgeoning the Japanese will work against the US, Pg 1610 words
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Advertisement49 1994-02-22 7 YELLOW PAGES. YOUR BUSINESS BUILDER TO BOOK YOUR AD CALL 1800 *****33 OR WALK-IN TODAY. I UC^J LAST DAY FOR BOOKING: 1 MAR '94. STS?. Integrated Information Pte Ltd (A member of the Singapore Telecom Group) 585 North Bridge Road #08-07 Blanco Court Singapore 0718. Fax: 291 4561. mimHmukmmrtmmtmim.49 words
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Advertisement282 1994-02-22 8 Put pen to paper now, and receive this >" exquisite Caran d'Ache 'Geneve' free. JBUr w MW ow when you subscribe to the Business limes, you'll get more than just widespread coverage of the latest in business developments More than up-to-date information on financial markets around the world. And more282 words
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Advertisement109 1994-02-22 8 WESTERN SAMOA I—l long term international companies are the most v^mi|^R|VVv9 cost effective solution for your offshore company structure. Available at an effective annual cost We also provideofishore companies from: from as low as US$4OO British Virgin Islands per annum. Bahamas Bermuda Full nominee, Cook l*l*nds management, secretarial and others,109 words
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SPORTS
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Article, Illustration376 1994-02-22 9 XVII Winter Olympic Games AP LILLEHAMMhR, Norway Johann Olav Koss said he was in shock. Norwegian fans were in delirium. In what a rival called an "impossible race." Koss completed a perfect sweep of the men's longdistance speedskating contests three gold medals and threeAP; AFP - 376 words
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Article, Illustration369 1994-02-22 9 AP LILLEHAMMER. Norway Germany struck gold on Sunday in a duel between two ski jumpers returning to the heights from the depths of frustration Jens Weissflog and Norway's Espen Bredesen. Weissflog almost quit ski jumping in frustration after failing to win a medal in the 1992AP; AFP - 369 words
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SIDE LINES
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114 1994-02-22 9 AP LILLEHAMMER. Norway Tonya Harding walked out of an interview with CBS television on Sunday after being asked questions about the fairness of judging she will face in the Olympic figure skating competition. Harding became agitated w hen correspondent Connie Chung persisted in askingAP - 114 words
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Article71 1994-02-22 9 Reuter CAMBRIDGE. Massachusetts After months of painful therapy. weeks of speed training and several near misses. Eamonn Coghlan of Ireland on Sunday achieved his year-long quest to become the first runner 40 years old or older to break the four-minute mile. Forty years after RogerReuter - 71 words
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81 1994-02-22 9 AP BADAJOZ. Spain England's Paul Eales shot a one-under-par 71 on Sunday and won the Extremadura Open golf tournament by one stroke over Sweden's Peter Hedblom. Eales had a total of 281. holding off Hedblom. who fired a closing 70. Eales. who played the frontAP - 81 words
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Article109 1994-02-22 9 UPI CAVITE. Philippines Carlos Franco of Paraguay won the US$3lO,OOO (*****.900) Philippine Open golf championship on Sunday on the first play-off hole after he and South Korean Choi Sang Ho had finished with four-round totals of eight-under-par 280. Franco, the No 1 player on the SouthUPI - 109 words
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146 1994-02-22 9 AP NAPLES. Florida Mike Hill started his day wondering if muscle spasms would prevent him from defending his title in the final round of the Senior PGA Tour's IntelliNet Challenge. After receiving treatments for more than an hour. Hill went out and shot aAP - 146 words
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128 1994-02-22 9 AFP AUCKLAND European yacht Intrum Justitia has a narrow lead 26 hours into the fourth leg of the Whitbread round-the-world yacht race as it heads from here to Punta del Este in Uruguay. Race headquarters here said that at (0200 GMT) Intrum. had 5.492 nauticalAFP - 128 words
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SPORT SHORTS
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Article, Illustration41 1994-02-22 9 NEW YORK NBA Sunday: New York 86 Chicago 68; Indiana 101 Seattle 95: Milwaukee 104 Orlando 109: New Jersey 122 Washington 101: Charlotte 101 Cleveland 105 (OT): Denver 97 Atlanta 92: LA Lakers 107 Philadelphia 95: Portland 102 Boston 93.41 words
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Article, Illustration170 1994-02-22 9 AFP AFP INDIAN WELLS, California PGA Bob Hope Classic final round Sunday (All LSY. 334 Scott Hoch 66 62 70 66 70 337 Lennie Clements 67 69 61 72 68. Fuzzy Zoeller 70 67 66 68 66. Jim Gallagher 66 67 74 62 68 338 Pavne Stewart 67 69AFP - 170 words
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Article, Illustration38 1994-02-22 9 Reuter NEW YORK NHL Sunday: Washington 3 Buffalo 3 (OT): Chicago 1 New Jersey 1 (OT): Winnipeg 2 Calgary 5: Florida 3 Detroit 4 (OT): Tampa Bay 2 Boston 2 (OT): St Louis 4 Anaheim I.Reuter - 38 words
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Article, Illustration65 1994-02-22 9 AFP AFP PHILADELPHIA, Pennsylvania LS Indoor Championships finals Sunday Singles: Michael Chang (US) b Paul Haarhuis (Neth) 6-3 6-2. Doubles: Jacco Eltingh/Paul Haarhuis (Neth) b Jim Grabb/ Jarcd Palmer (US) 6-3 6-4. AFP OKLAHOMA CITY, Oklahoma UTA tournament finals Sunday Singles: Meredith McGrath (US) b Brenda Schultz (Neth) 7-6AFP - 65 words
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Article, Illustration475 1994-02-22 9 Golf AP INDIAN WELLS. California Scott Hoch. receiving little pressure from any of the contenders. shot a two-under-par 70 Sunday to win the Bob Hope Classic by three strokes his first victory on the tour in five years. The triumph was Hoch's fifth inAP - 475 words
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905 1994-02-22 9 George Vecsey - Professional skaters are returning to the Winter Games but George Vecsey knows the George Vecsey NYT HAMAR. Norway Welcome to the Rink of Dreams. If you build it. they will come. Welcome to the very temporary home ofNYT - 905 words
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Page 10 Advertisements
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Advertisement984 1994-02-22 10 Null king BeatsA Buds Hw/iil where to wine, dine and entertain OF new ]lEAR greetings FROM PLAZA Horn V [p ft February 9 -24 CV Chinese New Year Set Lunch 8c Dinner L From $388" to $888" v per table "'M Prosperity Yu Sheng $28" Sc $35" per plate v984 words
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Advertisement324 1994-02-22 10 Cfcavegf Delectable Yoag Don-Fa Battel at Chattetbo* every Saturday and Sunday. 12.30 pm to 5 pa $14.50 per peraoa H.So++ per child (below 10 yra) Mezzdnne SimptMU Coatlaeatal It Local Afternoon Tea spread at Mezzanine Lounge. Daily. 2 pa to 6 p* 91 ft.oo per penon 910.00++ per child (below324 words
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LIFESTYLE
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Article, Illustration966 1994-02-22 11 David Rosengarten - Film director Francis Coppola tells David Rosengarten of his... David Rosengarten NYT FRANCIS Ford Coppola is stirring a spaghetti sauce that has been in his family's blood for generations. He has refused an apron, and around him is a scene of culinary carnage: a tomato-splattered backsplash, soiledNYT - 966 words
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Article, Illustration641 1994-02-22 11 AFP AFP AFP UPI MARGARET Thatcher handed over the job and the house in 1990, but she's still clinging to the prime ministerial diamonds. Or so says Tatler. the aptly named society magazine. Prime Minister John Major's office refused to comment on what a spokesman dismissed as "tittle-tattle".AFP; UPI - 641 words
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Page 11 Advertisements
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Advertisement51 1994-02-22 11 TOW UP VOUB PBOIPaUTV UIITH THE GOD OP PORT UflE persons. IS »v*v» QHZjteU** 182 //(ii*/«fi Rihic) Singajtore 0116 Tel: *****22 Tax: *****14 f. FRATINI Opening Hours Lunch 12 noon 2.30 pm Dinner: 6pm -12 midnight (Close on Sunday) 51 Neil Road #01-22 Singapore 0208 Tel: 323 2088 Fax: 32351 words
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Page 11 Miscellaneous
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Miscellaneous1347 1994-02-22 11 TV RADIO Stealing Home, 11pm, SBC 5 Mark Harmon is a baseball player who reminisces about his childhood when he returns to his hometown for his babysitter's funeral. Jodie Foster is /fm H the sitter in this 1988 "coming *jf\ of age" telefilm, reputed to ySJjm B|F have the most1,347 words
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PROPERTY & CONSTRUCTION
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548 1994-02-22 12 A J Leow - Estate agents will have to finds new ways of identifying locations, reports A J Leow A J Leow LOCAL estate agents will have to adapt to new ways of identifying the location of property when new postal codes come into effect. The548 words
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131 1994-02-22 12 Bloomberg Business News HONGKONG'S highquality office space fetched a monthly rent of as high as HKSI2O (SS24) per square foot, the newspaper Ming Pao reported. A foreign law firm has agreed to the two-year lease at that price to extend its currentBloomberg Business News - 131 words
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Article286 1994-02-22 12 ♦SS&jgSi Selected market transactions in the past week gggg,, jwrta Propty ITw T«w» I an PRIVATE Feb 18,1994 0316 Central Green Apt j 1808 99LH 868,000 480 Feb 17,1994 0511 Pas* View Par* Apt 990 4 FH 519,000 524_ Feb 20,1994 J 0512 J Park West Apt 1249286 words
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Article, Illustration167 1994-02-22 12 Harish Mehta - By Harish Mehta Singapore Airlines has signed up as a tenant the first of an office block being built by Straits Steamship Land Ltd (SSL) in Hanoi. Known as the International Centre, the eight-storey office block will offer 7,500 sq167 words
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REGIONAL SKYLINE
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65 1994-02-22 12 Australian Financial Review SYDNEY Malaysian tycoon Robert Kuok has settled the purchase of Paddy's Market site in Sydney. A spokesman for the Hongkong-based Kuok Group confirmed that the purchase, from Kajima Corp, was completed on Jan 20. He would not give details, but observersAustralian Financial Review - 65 words
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84 1994-02-22 12 Bangkok Post BANGKOK Adkinson Securities is going into the property and amusement business. It will take a 10 per cent stake in property firm Phuket Paradise and a 1.18 per cent stake in amusement park Safari World for a total of 64 million baht (553.84Bangkok Post - 84 words
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Article93 1994-02-22 12 The Nation BANGKOK Construction of Thailand's second international airport at Nong Ngu Hao is expected to be delayed at least a year. The first phase was to have been completed in the year 2000, but there have been problems over compensation due to villagers whoThe Nation - 93 words
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Article57 1994-02-22 12 AFP SHANGHAI Foreign bidders are being offered 10 major infrastructure projects as part of Shanghai's drive to make itself more attractive to overseas investors. The projects include a second underground railway for the city and an airport at Pudong. Shanghai has improved communications and transportAFP - 57 words
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87 1994-02-22 12 AP TOKYO Japanese developer Aoki Corp is selling part of its Wcstin hotels and resorts chain to Mexican company DSC, for US$7OB million SSI,IIB million). Aoki bought the US-based chain for $1.53 billion more than six years ago. Westin's brand name, business and operationsAP - 87 words
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Article, Illustration1580 1994-02-22 13 Lilian Ang - Ng Teng Fong's property group is shedding its 'unfavourable' image after scoring top marks in a construction quality scheme, reports Lilian Ang Lilian Ang THE name is almost as familiar as the Housing and Development Board. Home buyers and developers1,580 words
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192 1994-02-22 13 Bernama ANEW trend is emerging in Australia's property market with many Asians who had received their education there returning as foreign investors. Although the effect of educational ties on foreign investment is yet to be properly catalogued. examples are starting to show upBernama - 192 words
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124 1994-02-22 13 Bloomberg Business News THE Australian government has lifted its estimate of housing starts for the fiscal year ending Jun 30 by 7 per cent to 168.000 units because of stronger-than-expected activity in the sector. The government's Indicative Planning Council saidBloomberg Business News - 124 words
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Page 12 Advertisements
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Advertisement240 1994-02-22 12 Irlr OF EXCELLENCE... BLUE CANYON COUNTRY CLUB Sft\e just concluded Johnnie Walker Classic was indeed an event that will be remembered for a long time to come. Players and spectators alike B m were overwhelmed by the sheer beauty and tranquillity of Blue Canyon Country Club. You may not be240 words
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Page 13 Advertisements
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Advertisement95 1994-02-22 13 For Sale By Tender 1 Bungalow at Richards Avenue (Building Permit 5142/91) and 3 Pairs of Semi-Detached Houses at Surin Lane (Building Permit 5426/93,5641/934 5404/93) Freehold Land Under Construction Bungalow Site Area Approx. 5321 sf Built-up Area Approx. 4323 sf Expected TOP 31st Sept. '94 Semi-Detached Houses: Site Area Approx.95 words
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Advertisement8 1994-02-22 13 C.A.T.S it ClM*Hted B«rvic« CaN i» on 737-11068 words
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Advertisement283 1994-02-22 13 THE 1994 SINGAPORE PRODUCTIVITY LECTURE wV f'THE NEW JAPANESE WAY' presented by Mr. Yotaro (Tony) Kobayashi March 4th 1994, 4pm to 7pm The Mandarin Singapore Mandarin Ballroom The 1994 Singapore Productivity Lecture the Promotion of Administrative Reform (1991will be presented by one of Japan's most 1993). And, was recently assigned283 words
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Article528 1994-02-22 14 IPITORIAL AFTER a 36-hour standoff, during which democracy took a back seat to political manoeuvring, Sabah finally got the results of weekend state polls validated with the swearing in of Chief Minister Joseph Pairin Kitingan for a fresh five-year term yesterday. The swearing-in, before Governor Mohamad528 words
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WHAT THE OTHERS SAY
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Article189 1994-02-22 14 JAPAN IS RIGHT to have rejected the demand by the United States that it accept numerical indicators to measure its progress in allowing more US goods into the country. Accepting that would have led to managed trade between the world's two biggest economies. It would have189 words
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Article142 1994-02-22 14 THE Business Headquarters scheme is another piece of government assistance to spur our private sector to go regional. By enjoying a tax holiday, services firms can use their savings to finance their regionalisation drive. The scheme has benefited many foreign firms which, after establishing their142 words
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Article153 1994-02-22 14 THE INTERVENTION by Russia has been instrumental in making the Serbs withdraw heavy weapons from Sarajevo. It this averts an imminent military confrontation between Nato and the Serbs, Russia would have scored an important diplomatic victory. What is apparent is that though Nato now has a153 words
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Article186 1994-02-22 14 AT FIRST, it began quite imperceptibly, but now there are beginning to be signs everywhere that Malaysians, and even the big players, the corporate sector, are taking more than a passing interest in keeping the environment clean, clear and livable. Actually there are no two ways186 words
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Article132 1994-02-22 14 HONGKONG has an essential asset in its development as an international city: the wide use of English, the main international language. But informal evidence from employers and academics people who deal with large numbers of young people suggests the standard of English here is falling. Next week132 words
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Article, Illustration884 1994-02-22 14 Stephen Fidler - Emerging markets are booming at the moment. But their performance remains hostage to what goes on in the industrialised world, cautions Stephen Fidler Stephen Fidler FT BRAZIL'S market and others across Latin America. Asia and Eastern Europe are rising on theFT - 884 words
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Page 14 Advertisements
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Advertisement28 1994-02-22 14 BUSINESS TIMES TOLL-FREE TEL. No. 1-800*741-1883 FAX:74I-1298 (ri^Tni EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. "m SINOAfOKE f Business Times «na»/UM28 words
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Advertisement172 1994-02-22 14 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF %am MARITIME PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN in pursuance of Section 308 of the Companies Act Chapter SO that the Final General Meeting of Members of the172 words
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Page 14 Miscellaneous
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Miscellaneous128 1994-02-22 14 tvvirfig- /Sour ot\ /PuTWMV O ASSOCIATED HfWAPfW LTD, IM3-19M TO? y. 9 DOONESBURY GARRY TRUDEAU TH/SUAS THE SC&JB TODAY AS fHEADING UP MR. PEAPMAN'S 1 YHS.IUHTTNEY, VmLASTHEU^ fKJFeSSORJUUSPCADMANAR- DEFENSEA6AJNSTCHARGESOF I THE&STAIK RECTDESCENDANT HHOA'SOrTZ RNEDATCOURTIDT&IIFYINA 6RAOE OiAS WIDEN LAW I YOUICTRYX) OF SLAVES I FtEt A FJU- F.C- LSTSJUST SUTCVERASWDENP?LOU6RAPE. SCHOOLPROFESSOR7AMARA128 words
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ANALYSIS
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Article, Illustration1765 1994-02-22 15 Harish Mehta - When US President Bill Clinton lifted the trade embargo against Vietnam early this month, Harish Mehta was in Vietnam talking to country chiefs of American firms about their business plans Harish Mehta Motorola's country manager for Vietnam, Frank Marciano, can at last close a1,765 words
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Article, Illustration908 1994-02-22 15 BANK of America's Indochina representative, Luu Le, was fast asleep in Hongkong when the phone rang. Friends from Washington were on the line. They told him that the US embargo had been lifted just minutes ago. The very908 words
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Page 15 Advertisements
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Advertisement52 1994-02-22 15 HAVE YOUR SKIN GROOMED FOR SUCCESS Hk JSmBKI? m wtid hi aia n win k rns.MG johorbahru Tel: (03)*****-49 *****5S Tel: <04)*****2 Tel: (07) J34MI 15/FL, Menaru lion stead, 5/11. (Office Mink), 5\ Julan Kiming l)ua. 69 Jalan Raja (liulait. The Merlin Penang, Tainan f'elangi >0200 j jalan Uirut. So.52 words
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675 1994-02-22 16 Yang Razali Kassim - Reports by Yang Razali Kassim SINGAPORE In a new approach to commercial relations with Asia, the Clinton administration will from now on work closely with American companies to compete for markets in the region outside of Japan. Visiting675 words
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309 1994-02-22 16 SINGAPORE US firms will concentrate on telecommunications, transportation and power generation in Singapore, Indonesia and China as part of America's new National Export Strategy. US Undersecretary of Commerce for International Trade Jeffrey Garten, who disclosed this, described Singapore309 words
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222 1994-02-22 16 AFP HONGKONG China is shifting tactics by adding some pro-democracy voices to its elite group of Hongkong affairs' advisers as Governor Chris Patten forges ahead with his electoral reform plans. Two leading members of the Hongkong Association for Democracy and People'sAFP - 222 words
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140 1994-02-22 16 Reuter FRANKFURT Germany's big IG Metall union yesterday called on workers in the northem state of Lower Saxony to vote early next month on whether to hold the first strike in the crucial engineering sector since 1984. Union head Klaus ZwickelReuter - 140 words
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Article, Illustration45 1994-02-22 16 AFP BASLE, Switzerland Some 15,000 masked pipers and drummers wearing lanterns on their heads during a parade past the cathedral here yesterday. The merry-makers were taking part in the traditional 4am procession on the opening day of the Basle Carnival. AFPAFP - 45 words
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473 1994-02-22 16 Reuter. AFP WASHINGTON The United States has opened a new front after failing to win its way with Tokyo on trade it is urging Europe to join in an allied market-opening offensive. Officials say the European Union is mulling overReuter.; AFP - 473 words
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Article, Illustration1093 1994-02-22 16 ANTHONY ROWLEY; ANTHONY ROWLEY - The Bottom Line ANTHONY ROWLEY ANTHONY ROWLEY The writer is BT's Tokyo correspondent PRESIDENT Bill Clinton may well go down in history as the man who sold out America's Pacific interests for a few talents of silver unless he can summon the1,093 words
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170 1994-02-22 16 Reuter NEW DELHI Indian President Shankar Dayal Sharma opened a crucial Budget session of Parliament yesterday, saying the government's 31-month-old economic reforms programme had started attracting substantial foreign investments. "Global investors have shown growing confidence in the Indian market." he toldReuter - 170 words
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Page 16 Advertisements
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Advertisement59 1994-02-22 16 Nitsuka Digital Keyphone Systems LARGE RESIDENTIAL DEVELOPMENT SITE AT CHANGI/TAMPINES FOR SALE BY TENDER fi_ rst'' k «f s I ff 7 M «W V •<« i i H 2* i to Freehold/999 years Site Area 119,088 sm (1,281,863 sf) Closing date on Wednesday 23 March 1994 at 3.00 p.m.59 words
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Advertisement48 1994-02-22 16 Distributor: Tel: 27S 70SS far* 97 fl 7flQ fl Singapore Communications Equipment Co Pie Ltd I dA i 4/0 I 0 J 0 Qiialily Service Don't miss our 16-page special feature on the 7th biennial Asian Aerospace with Business Times today. Check it out now! Renting AN OFFiCEJ^m48 words
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COMPANIES & MARKETS
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336 1994-02-22 17 Al Labita - From Al Labita in MANILA THE Securities and Exchange Commission (SEC) yesterday threw out tycoon John Gokongwei's petition opposing a Keppel subsidiary's plan to raise fresh funds for its expansion. In its decision, SEC ruled that Mr Gokongwei's petition had no merit336 words
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Article, Illustration279 1994-02-22 17 Bernard Chew - By Bernard Chew SINGAPORE Aztech Systems' Sesdaq share offer which closed yesterday was 7.9 times subscribed, and the strike price for the tender shares has been provisionally set at $1.21, issue managers United Overseas Bank said. A further breakdown of the figuresPhoto by Chris Loh - 279 words
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Article, Illustration169 1994-02-22 17 SINGAPORE This year's second addition to Sesdaq, Falmac Ltd, made a strong debut when its shares gained 33 cents or 45 per cent to close at $1.05 yesterday. Some two million or onesixth of the newly issued shares were tradedSource: Bloomberg - 169 words
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588 1994-02-22 17 Lee Han Shih - HOCK LOCK SiEW By Lee Han Shih SINGAPORE Last December, broking house Kay Hian James Capel published a glossy 110-page report extolling the virtues of the Singapore Technologies Industrial Corporation (STIC) group. The gist of its argument which, judging588 words
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280 1994-02-22 17 Bloomberg Business News HONGKONG A Singapore subsidiary of Malaysia's Lion Group of companies is buying a controlling 56.56 per cent stake in Hongkong real estate and securities trading concern Walsin International Holdings. Lion-controlled Angkasa Marketing (Singapore) Pte will pay Taiwan's WalsinBloomberg Business News - 280 words
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170 1994-02-22 17 SINGAPORE Sesdaq-listed Informatics Holdings Ltd has set up a subsidiary, Informatics Engineering Pte Ltd (lEPL), to develop value-added information technology and educational products. Informatics* director, Ong Boon Kheng, said yesterday: "The move to form lEPL is a strategic integration of Informatics' IT business, as170 words
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EYE on your STOCKS
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Article, Illustration36 1994-02-22 17 Firm Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings, Daiwa, Fraser. Phillip. Smith Ne>v Court, and Ong Co.36 words
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Article, Illustration142 1994-02-22 17 Quak Hiang Whai - By Quak Hiang Whai Diversified Johan Holdings traded 9.65 million units and finished 14 cents up at $1.90. Despite the sharp increase yesterday, Johan could still test $2 within the next few sessions as it has broken out of the 51.70-Sl.Bo band. The daily and weekly RSIs show142 words
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COMPANIES
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COMPANY BRIEFS
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52 1994-02-22 18 SINGAPORE Lim Kah Ngam (LKN) Ltd said yesterday that LKN Development and its wholly-owned Malaysian subsidiary. Nirwana Properties Sdn Bhd. have taken up 2.45 million MSI shares each in Scientex Park Sdn Bhd, raising their investment from M 5700.000 (*****.000) to M 53.1552 words
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51 1994-02-22 18 SINGAPORE United Industrial Corporation's (UIC) whollyowned subsidiary in Hongkong. UIC Group Ltd. has sold its entire stake in Tandy Company Ltd and a debenture in Clearwater Bav Golf and Countrv Club to ABB Pacific Asia of Hongkong for HKSI.42 (about *****,000), UIC said51 words
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Article29 1994-02-22 18 SINGAPORE Sincere Watch Ltd has bought Centime Ltd in Hongkong for HKS2 (550.41) to start a watch distribution unit in the British colony.29 words
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Article104 1994-02-22 18 SINGAPORE Boon Swan Foo. the president of Singapore Shipbuilding and Engineering, is the latest Singapore Technologies addition to the Sembawang group. In a statement to the Stock Exchange of Singapore. Sembawang Maritime Ltd (SML) announced that Mr Boon has been appointed a director with effect104 words
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Article66 1994-02-22 18 Bernama KUALA LUMPUR Technology Resources Industries Bhd (TRI) will issue 10-year unsecured Euroconvertible bonds of up to USS4OO million (***** million) in nominal value. This will give the company access to the current favourable market for Asian Euroconvertibles and enable it to diversify its fundingBernama - 66 words
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103 1994-02-22 18 Bloomberg Business News BEIJING A top Chinese legislator says China must open a third stock exchange to stop the pile-up of companies waiting to be listed on existing markets, the official China Securities paper reports. The "time is ripe" for the government to considerBloomberg Business News - 103 words
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Article59 1994-02-22 18 Bernama KUALA LUMPUR Renong Bhd has received acceptances for 15.02 million shares or 50.06 per cent of the entire issued and paid-up capital in Park May Bhd following its voluntary general offer. Commerce International Merchant Bankers Bhd said on behalf of Renong that the offer, whichBernama - 59 words
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327 1994-02-22 18 William Chia - By William Chia SINGAPORE Volume on the Jakarta Stock Exchange could increase 10-fold from US$lO billion (5515.9 billion) a year to USSIOO billion a year in the next few years, the country's chief capital markets regulator said yesterday. Capital Market Agency327 words
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461 1994-02-22 18 Loh Hui Yin - From Loh Hui Yin in BANGKOK BANGKOK Bank has raised USS4OO million (***** million) from its Euro-convertible debentures issue, which is at the lower end of the US$4OO million to US$5OO million range it had targeted. Executive vice-chairman Piti Sithi-Amnuai told BT yesterday461 words
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Article, Illustration349 1994-02-22 18 Bernama KUALA LUMPUR Newlylisted. EPE Power Corporation Berhad. yesterday signed an agreement with Rolls-Royce Industrial Power (M) Sdn Bhd to establish a joint venture company to meet the demand for power transmission equipment in Malaysia. "This marks EPE's diversification into project-based businessesBernama; Reuter - 349 words
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285 1994-02-22 18 SINGAPORE City Developments Ltd's listed New Zealand subsidiary. Kupe Group, has offered to buy Appellation Vineyards for about NZ$lB million (5516.4 million). In a statement yesterday. Kupe said it has entered into conditional purchase agreements to buy over more than 97 per cent285 words
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253 1994-02-22 18 MBT KUALA LUMPUR Cashrich Mycom Bhd appears to be jumping on the timber boat to East Malaysia, joining companies like Construction and Supplies House Bhd. Lien Hoe Corp. and the Lion group. Mycom is believed to be acquiring a timberMBT - 253 words
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190 1994-02-22 18 Bernama KUALA LUMPUR The Arab-Malaysian Banking Group is confident that 1994 will open an exciting vista for the group since its quest for a commercial bank has finally been approved. Chairman A/man Hashim said yesterday that with the purchase of the Malaysian operationsBernama - 190 words
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140 1994-02-22 18 Bernama KUALA LUMPUR Telekom Malaysia subsidiary Telekom Malaysia International (TMIS). is teaming up with a Sri Lankan company. Sunpower Systems (Pte) Ltd. to operate a cellular telephone network in Sri Lanka. Telekom Malaysia said yesterday TMIS had entered a jointBernama - 140 words
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Article541 1994-02-22 18 UNIT TRUSTS FUNDS MMwgcn' prices Feb 22 UMB Invest Mgt Ltd i_u t_,,i I nifund 1.52 1.58 aagapofe unn irusi imbondf 1.0:5 105 Tkc C ommerce 1*3 l.« I 'mlcd (ir Fund 16* 175 The Savings Fund 1.67 1.75 United \sia Fund 1.11 2.01Spoiv l ro| tund 076 OHO S'porc541 words
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Article, Illustration503 1994-02-22 19 FT LONDON China's fledgling stock markets are set for another bumpy year while traders digest implications of a new tax law. a government credit squeeze limiting funds available for investment, and faltering attempts to conclude a new securitrcs law. Judging byFT - 503 words
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230 1994-02-22 19 AFP, Bloomberg Business News TOKYO Japan's embittered Honda Motor Co Ltd said yesterday it would sell 20 per cent of Britain's Rover Group pie in the wake of plans by German rival Baycrischc Motoren Werke AG (BMW) to acquire theAFP,; Bloomberg Business News - 230 words
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240 1994-02-22 19 Bloomberg Business News SYDNEY Australian diversified building products and sugar group CSR Ltd has made its first big move into China with a joint venture to build a major concrete and quarry company in Tianjin, a large industrial and port city. CSR said itBloomberg Business News - 240 words
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COMPANY BRIEFS
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67 1994-02-22 19 Bloomberg Business News TOKYO Tokyu Construction Co, a mid-sized Japanese general contractor linked with the Tokyu group, has been awarded a 6 billion yen (SS9I million) contract to construct a telecommunications centre in Singapore, Jiji Press reported yesterday. Tokyu won the contract to build theBloomberg Business News - 67 words
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Article87 1994-02-22 19 Bloomberg Business News LONDON A group led by Mirror Group Newspapers pic has raised its offer for Newspaper Publishing pic to 350 pence per share from 261.6 p. The offer, the latest in a bidding war between the Mirror Group and Tony O'Reilly's Irish newspaperBloomberg Business News - 87 words
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85 1994-02-22 19 Knight-Ridder TAIPEI State-run China Steel Corp will sell 360 million shares at NT521.71 (551.30) per share as part of its privatisation programme, a company official said yesterday. Eighty per cent of the shares will be distributed to domestic individual investors. The China DevelopmentKnight-Ridder - 85 words
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Article90 1994-02-22 19 Bloomberg Business News HONGKONG Jinlin Chemical Corp. one of the 10 largest enterprises in China, plans to raise HKS2 billion (SS4IO million) in an initial public oltering of "H" shares in Hongkong and "A" shares in China in July, the Overseas Chinese Daily News reported. ProceedsBloomberg Business News - 90 words
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97 1994-02-22 19 Bloomberg Business News LONDON Bayerische Motoren Werke AG's earnings per share estimates for the years 1993, 1994 and 1995 were raised at Credit Suisse First Boston Ltd. says a note to investors. The estimates increase follows a statement by BMW chief executive Bemd PischetsricdcrBloomberg Business News - 97 words
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246 1994-02-22 19 Eastern Express HONGKONG China Everbright Group, the Hongkong arm of the Chinese State Council, has unveiled plans to restructure and boost the financial strength of three Hongkong listed companies it has acquired over the past 10 months. China Everbright has lined up severalEastern Express - 246 words
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FINANCE & COMMODITIES
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385 1994-02-22 20 AFP JAKARTA Bad loans held by Indonesian state banks reached 14.97 trillion rupiah (5511.2 billion) in the year to October 1993 21.2 per cent of all loans issued, press reports said yesterday. The Jakarta Post quoted Finance Minister Mar'ie Muhammad asAFP - 385 words
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Article, Illustration363 1994-02-22 20 Reuter TOKYO Japanese aluminium buyers, who import some 15 per cent .of world output annually, have not been fazed by a multilateral agreement to cut primary production, industry sources here said yesterday. While they have begun buying for fiscal 1994 startingReuter - 363 words
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198 1994-02-22 20 AFP BEIJING China's production and imports of nonferrous metals surged dramatically last year to feed the demand unleashed by powerful economic growth, the China Daily said yesterday. The country imported US$2.4 billion (SS3.B billion) of non-ferrous metals in 1993, with imports of copper andAFP - 198 words
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SMALL CHANGE
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Article67 1994-02-22 20 Bloomberg Business News HONGKONG Hongkongßank of Australia is selling Asloo million (S$ 113.2 million) in Australian dollar denominated dragon bonds, said a trading manager at Wardley Ltd yesterday. The bonds are priced at A 599.28, with a 6.625 per cent coupon to yield 6.80 perBloomberg Business News - 67 words
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60 1994-02-22 20 Bloomberg Business News TAIPEI Shinkong Synthetic Fiber Corp, one of Taiwan's largest textile companies, has received permission to sell US$5O million (SSBO million) of convertible bonds overseas, the Securities and Exchange Commission said. Funds will be used to finance a new textile factory in Taiwan,Bloomberg Business News - 60 words
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Article79 1994-02-22 20 Bernama KUALA LUMPUR Cagamas Berhad will be making the third interest payment on its Cagamas Bonds 7/92 on March 3. The company said yesterday that interest on the 7.97 per cent fixed rate unsecured bearer bonds is payable semi-annually. It said each M$ 100,000 nominal valueBernama - 79 words
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Article83 1994-02-22 20 AFP MANILA The Philippine government has put plans to reduce requirements on bank reserves on hold due to a high liquidity in the system which could trigger inflationary pressure. Central Bank governor Gabriel Singson said on Sunday. The Central Bank now requires that 20 perAFP - 83 words
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72 1994-02-22 20 Reuter SYDNEY Burns, Philp Co Ltd said it plans to offer US$l25 million of convertible bonds to refinance bank debt and lengthen debt maturities. Morgan Stanley Co International Ltd and Cazenove Co have been appointed joint lead managers for the issue which will beReuter - 72 words
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261 1994-02-22 20 Soh Tiang Keng - By! Soh Tiang Keng SINGAPORE A group of 12 banks from Asia and Europe has extended a US$4O million (SS64 million) threeyear loan to Berli Jucker, a Thai trading and manufacturing group. Most of the funds, arranged by Citicorp Investment Bank (Singapore), will261 words
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369 1994-02-22 20 Bloomberg Business News MELBOURNE Australian resources giant Broken Hill Proprietary said domestic steel shipments rose 10 per cent in January compared with January 1993. Export steel deliveries increased 24 per cent in the same period. Domestic deliveries totalled 276,000 tonnes compared withBloomberg Business News - 369 words
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279 1994-02-22 20 Bloomberg Business News ORLANDO. Florida The US Justice Department's antitrust division is investigating whether some automated teller machine networks discriminate against small banks, says Attor-ney-General Janet Reno. While most ATM networks were open to all banks that met certain minimum criteria, someBloomberg Business News - 279 words
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Article, Illustration161 1994-02-22 20 THE USS traded a touch firmer yesterday, especially against the yen. Comments out of Tokyo about a rapidly rising yen being bad for the Japanese and global economy, coupled with rumours of BOJ intervention, allowed the US$/yen to remain bid throughout Far East hours. Over161 words
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Article266 1994-02-22 20 Reuter LONDON The dollar drew itself up yesterday and managed to regain some of its recent lost ground against the yen as nothing new emerged on the trade row front. Some in the market were more relaxed about the US-Ja-pan squabble over trade but yesterday's upturn mainly reflected short-co\eringReuter - 266 words
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Article, Illustration1662 1994-02-22 20 /rcuie-weighted index calculated against S'poee's top 14 trading partner* Base year IWi US$/S$ forward rates Noon Feb 21 ss Bii Offer 1-month ***** 1.SU5 :-month ***** 1 5883 3-month ***** I.5U3 6-month I 5868 1 5888 Source: OCBC FOREIGN CURRENCY NOTE RATES JU at IOmi m Fab IS: Singapore dollars1,662 words
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COMMODITIES & FUTURES
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1386 1994-02-22 21 SIMEX REPORT Reuter SINGAPORE Simcx Euroyen interest rate futures finished weaker on liquidation yesterday as the dollar reversed its bearish stanee against the yen in currency markets. Bank of Japan dollar-buying intervention hoisted the dollar up to close at 105.23 yen in Asia, whichReuter - 1,386 words
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617 1994-02-22 21 COMMODITY REPORTS Tin MALAYSIAN tin closed one sen lower at MS 15.14 per kg on initial high otTcring yesterday, traders said. But a weak ringgit against the US dollar checked the fall. Despite a lower London market last week, sentiment was dampened by617 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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Article130 1994-02-22 21 TOKYO Spot gold rose slightly in Asian trading yesterday on physical buying from Hongkong and Singapore, dealers said. "People took heart from the fact that gold closed above US$3BO an ounce" on Friday in New York, even though it had run into heavy selling130 words
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65 1994-02-22 21 BANGKOK Thailand exported 1,414 tonnes of corn during Feb 11-17, bringing the total for the year-to-date to 15.494 tonnes, the Thai Maize and Produce Traders Association said yesterday. Shipments during Jan 1-Feb 17, 1994 totalled 16.274 tonnes. The Feb 11-17 exports comprised 1,100 tonnes sent65 words
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44 1994-02-22 21 SEOUL The South Korean Ministry of Agriculture. Forestry and Fisheries set the country's rice production goal at 5.08 million tonnes for calendar year 1994. a 7 per cent increase over last year, local papers reported on Sunday.44 words
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Article103 1994-02-22 21 TOKYO Cash forward crude prices were quoted near late US levels in quiet trading yesterday afternoon. market participants said. Tliey said the US Presidents Day holiday might have limited trading interest. After-hours crude trading on the Nymex electronic Access system was closed yesterday for the103 words
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Article1622 1994-02-22 21 Rubber Singapore Commodity Exchange (futures dosing as at 1»") RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Mar 94 138 50 138.50 138 50 100 U25 Apr 0.00 0.00 140.25 250 4.300 May 0.00 0.00 142.25 0 4.650 Jun 0.00 0.00 143.251,622 words
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REGIONAL STOCK MARKETS
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Article1194 1994-02-22 22 -44.7 A nervous Australian share market plunged to its lowest level in a month at the close yesterday, dragged down by sharp falls overseas and weaker futures and bonds. Brokers said drops in New York on fears of US interest rate hikes and in London on Friday sidelined investors.1,194 words
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Article608 1994-02-22 22 -I.spc Philippine share prices tumbled 1.5 per cent yesterday, pulled down by a decline in the Hongkong bourse and last week's slump in the Dow. analysts said. Brokers said investors were already in a selling mood as trading opened because of the drop in the Dow, but the decline608 words
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Article560 1994-02-22 22 -29.93 The Taiwan stock market continued its downward swing yesterday in lacklustre trading, with investors concerned about upcoming trade talks between the Washington and Taipei. Following the previous trading day's 31.65-point drop, the benchmark 379-issue weighted price index dipped 29.93 points, or 0.5 per cent, to finish at 5.783.89560 words
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Article409 1994-02-22 22 13.07 Buying focused on manufacturing blue chips pushed the stock market to close higher for the third consecutive session, brokers said. The composite stock index ended 13.07 points higher at the day's high of 946.00. Brokers said growing institutional activity boosted a followthrough buying interest. Shares with low price/earnings409 words
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Article331 1994-02-22 22 -42.76 New Zealand shares fell 1.9 per cent as local interest rates continued to follow US bond yields higher, brokers said. Higher fixed-interest rates make stock yields look less attractive. The New Zealand Top 40 capital index closed at 2.241.40. down 42.76 points. However, brokers noted that volume331 words
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Article68 1994-02-22 22 +214.48 Stock prices in after-hours kerb deals were quoted slightly higher than their official close as the market continued to exult in the confidence that pushed prices up by over 5 per cent during the day. brokers said. In the official session, the Bombay Stock Exchange 30share index rose68 words
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WORLD STOCK MARKETS
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Article1382 1994-02-22 22 Britannia Funds ili i tog Cask Bid Oder Mim Cap Depot* St 6400 31 6500 Mim Jeney Gill ft 1143 0 1992 Mim Mat Income ***** I 1000 L SS Cask Income Ptus Fund <10:700 ******0 PS J Reierve Fund J 2400 5 2500 Steriiag Lqatt) Euro Performance 0.4)92 049)11,382 words
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Article641 1994-02-22 22 •32.3 Share prices closed lower yesterday, dogged by concerns over the potential for higher US interest rates as attention focuses on US Federal Reserve chairman Alan Greenspan's testimony to Congress today. But turnover of 502 million shares was small due to the absence of the US markets out for641 words
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Article154 1994-02-22 22 -0.33 pc Swedish shares continued lower in listless trade while index-heavy Astra bucked the trend. Trade was cautious, in moderate turnover of 1.573 billion crowns, on the US holiday and concern over debt market yields. "There are several important 1993 results due this week which is why people are154 words
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Article179 1994-02-22 22 -1.51 pc German share prices closed a low-volume, lacklustre bourse session lower across the board, with weak bund and DAX futures prices depressing the market, dealers said. Prices seen stable but taking cue from bunds. The DAX index ended at 2,119.53, down 1.51 per cent or 32.44 points on179 words
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Article215 1994-02-22 22 -13.64 Belgian shares were weaker at the close after spending the session languishing at lower levels, under pressure from sharply lower bond prices and following the direction of other European stock markets. The Bel-20 index of leading shares finished 13.64 points or 0.89 per cent down at 1,512.55 after215 words
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Article115 1994-02-22 22 -O.Spc Shares ended easier overall as nervousness spread from other European bourses about the likely direction of US interest rates. But the good underlying liquidity still provides support and the Italian market lost less than others. The Mibtel index closed off 0.50 per cent at 10,918. Milan Feb 21115 words
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Article304 1994-02-22 22 -1.33 Dutch shares closed slightly lower paring early losses as food and detergents giant Unilever rose on short-cov-ering ahead of today's 1993 results. But the market remains under pressure from worries Fed chairman Alan Greenspan may signal a further US rate increase in his Humphrey-Hawkins testimony before the House304 words
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Article303 1994-02-22 22 •13.91 Swiss shares ended lower, led by slight pressure from futures and a weaker Wall Street on Friday, dealers said. However, there was little selling from retail clients or institutionals, which dealers said was helping sentiment. After a lower opening, the market found support at levels between 2.9V0 and303 words
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Article325 1994-02-22 22 +9 Shares ended mixed in lacklustre trade as the market struggled to attract investor interest ahead of a New York holiday and minimal change in fundamentals. Dealers said only gold price weakness had provided any real direction through the day. The gold index finished 40 points lower at 1,862,325 words
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Article350 1994-02-22 22 -11.23 Toronto stocks fell in early trade yesterday under pressure from weaker Canadian bonds ahead of the release of Canada's 1994/95 federal Inclines in financial services, conglomerates and mining issues outpaced gains in transportation and real estate. Canadian bonds sank across the curve in nervous early trading, while the350 words
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Article, Illustration3248 1994-02-22 23 Reuter HONGKONG Stocks finished sharply lower yesterday, pressured by iingering institutional selling, brokers said. The blue chip Hang Seng Index tumbled 369.43 points, or 3.41 per cent, to close the day at 10.456.45. It stood at 10.474.07 at midday after hitting a low of 10,439, a fall of 387Reuter; Source: Bridge Info - 3,248 words
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Article, Illustration507 1994-02-22 23 THE Shanghai market was volatile as the upside trend in the morning was reversed by profit-taking in the afternoon which pushed down the CLSA Shanghai B Index by 15.24 points to 939.42. Jinqiao also saw similar intra-day movement, sliding from day high of USS 1.044 in the morning to507 words
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Article, Illustration2504 1994-02-22 23 Reuter TOKYO Stocks ended sharply higher as fears that the yen may surge again receded a little, brokers said. Dealers and individual investors bought back oversold issues, such as high-tech shares, and the Nikkei Average closed comfortably above 19,000. The 225-issue Nikkei Average closed 434.34 points or 2.3 perReuter; Source: Bridge Info - 2,504 words
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Article, Illustration1822 1994-02-22 23 Reuter BANGKOK Thai stocks wiped out the morning gains to close the day down 9.21 points to 1.446.87 on heavy profit-taking in the last 20 minutes of trade. Turnover was moderate at 9.96 billion baht. against Friday's 10.22 billion baht. "The market corrected itself. looking for a new floor,Reuter; Source: Bridge Info - 1,822 words
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Article, Illustration1161 1994-02-22 23 Reuter JAKARTA Share prices continued to full on overall bearish sentiment in slow trade yesterday. brokers said. The official index fell 11.02 points to 543.76. "Share prices were vulnerable for correction due to thin volume and lack of support." one broker said. Under such conditions a quick turnaround couldReuter; Source: Bridge Info - 1,161 words
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Article2803 1994-02-22 24 MOST ACTIVE votorn AMDB 30c 33.676.000 Kamunting 50c IS.592.000 Mulpha Inil 50c 10.244.000 Johan Hldgs 50c 9.651.000 Mm H»d 50c 9 083.000 FACB 50c 6.670.000 Sri Harlamas 6.453.000 SelDrcdg50c 6.321.000 Pegi M>ia 6.199.000 Fabcr Group 5.970.000 General Corp 4.908.000 Vlenang C'oro 4.833.000 IGB Corpn TSR 4.715.000 MOST ACTIVE2,803 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5842 1994-02-22 24 Bernama KUALA LUMPUR Share prices closed steadier in brisk trading yesterday as profittaking in blue chips trimmed sharp gains in selective lower liners. The Emas Index which tracks all main board shares firmed 3.91 points to 326.60 from last Friday's close while the CompositeBernama; Source: Bridge Info - 5,842 words
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STOCK EXCHANGE OF SINGAPORE
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Article7120 1994-02-22 25 M/MN BOARD Transaction date: Feb 21 i Cr Gr 1993/94 Last Vol Da; Last Quote Di» Di» Net M Cap High Low (om|wa> Sale ("0001 High Low Buyer Seller S C »r S P/E tail INDUSTRIAL AND COMMERCIAL 1440 260 t Wma 1100 -20 84 1130 1100 1110 1120 12.57,120 words
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Article, Illustration1874 1994-02-22 26 R Sivanithy - By R Sivanithy SINGAPORE Share prices rose yesterday, buoyed by the release of strong economic figures and firmer sentiment in Malaysian stocks traded on Clob International. The Straits Times Industrials Index, which spent most of the day drifting sideways, was boosted byCharts by Bridge Info; Source: Bloomberg - 1,874 words
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Page 17 Advertisements
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Advertisement608 1994-02-22 17 NEWS VALUE Hon today 's news might affect your stocks 1993 Economic Survey (pg I) Broad figures have been indicated previously. Look to sectoral breakdowns for pointers. Still, reaction should be muted as the Budget on Wednesday is what the market is awaiting. Pairin sworn m as Sabah chief minister608 words
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Page 18 Advertisements
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Advertisement272 1994-02-22 18 Score The Bulfs^Eye With A SIB6X»Q4 Incorporating the Interior Decoration Furnishing and the M E Engineering and Building Services Expo 11-14 MAY 1994, WORLD TRADE CENTRE. HALLS 1,2 3, SINGAPORE RI ITT DTMr, nt waste your precious resources on probabilities. p T BUSIIwSIS Be a P arT 94. You get272 words
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Advertisement6 1994-02-22 18 Dividends table has been held over6 words
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Page 19 Advertisements
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Advertisement102 1994-02-22 19 n famous traveller described her treasures as "so splendid, Myanmar Airways International. Everything about us is new. so costly, and when they are lighted up they are visible New name. New aircraft. New international flight crew. And, The New Why Id Hn Hncient Lund a from vast distances." Now there's102 words
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Page 21 Advertisements
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Advertisement38 1994-02-22 21 Saw an ad of a house that you may like to own? o Leave your name and telephone number in the seller's ClassiFone mailbox and let him respond to your call. OassiFlNE^ ■ririiiitii'l'iiumiiairfivr.Jl cxxa An SPH AudioTtx Sirvlci38 words
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Advertisement38 1994-02-22 21 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Upjgl 737-7 766 *5® to place J I a quick- I acting ad. 737-1 iw 1 I —TJ38 words
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Page 22 Advertisements
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Advertisement17 1994-02-22 22 fg PORT SHOTS The latest in sea, air and land transportation. _SINUATUKI' rri PWT Business Times MCNDfAW17 words
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Page 23 Advertisements
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Advertisement10 1994-02-22 23 HOW TO FLY FIRST CLASS, WITHOUT Ejjg! FLYING FIRST CLASS.10 words
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Page 24 Advertisements
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Advertisement32 1994-02-22 24 114, I J, A pgj «M*ya T a Lu M*d Offka AD THE INTERNATIONAL PTE LTDI36 M<x*> Road 106-02 Bnghl Cham** S-ngapore 0718 T? Fa» *****8' Hangtawg: AO Tig HTEWNATONAL (HK) LTD32 words
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Advertisement5 1994-02-22 24 XDNSTRUCTION Tomorrow in Business Times5 words
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Page 25 Advertisements
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Advertisement32 1994-02-22 25 I *^^5 1 YOU'Vt GOT THE WHOLE WORLD YOUR HANDS STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday. yxsHGMoct FBI Business Times32 words
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Page 26 Advertisements
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Advertisement247 1994-02-22 26 mm \oi Iw W cy ~t*rW&* w Pi 1\ tiu hH Import Export Corporation e V it*- Beijing :16 Goneti East Road Te7 m^3ok n 2:fe*****l 'S B rm < i:n oU,,d A \vi e^ c <a\ \W\\> D Overseas Courier Service Co Ltd t ln Sudirmiin ■=S t> aM247 words
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Shipping Times
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498 1994-02-22 27 Dexter Lee - Surge in cargo volume in second-half gives HK the title again By Dexter Lee SINGAPORE Hongkong has done it again. It beat Singapore in the race to become the world's busiest container port in 1993 despite trailing behind Singapore for the498 words
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Article, Illustration57 1994-02-22 27 Reuter BANGKOK A Thai trawler sails for the deep sea as a Thai navy ship patrols to protect Thai trawlers from pirates at the sea near the Thai-Cambodian maritime border. Three trawlers, including one alleged Cambodian pirate boat, were sunk on Saturday in a battle between ThaiReuter - 57 words
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253 1994-02-22 27 SINGAPORE Oilfield operations specialist Baker Hughes intends to offer more services out of Singapore. "Baker Hughes (Singapore) will play an increasingly critical role in supporting the group's operations in the Asia PacificMiddle East area," says group president and chief executive James Woods.253 words
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842 1994-02-22 27 Page Coi ABC Containciiine 12 5 Accord Group 8 1-3 Ahrcnkicl 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 4842 words
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213 1994-02-22 27 SINGAPORE Dubai-based Integrated Container Feeder Serv ice (ICFS) has launched a Singapore-Madras service and based a representative manager here. The new service is the carrier's second link between Singapore and India. Last year, it launched a Singapore-Calcutta service. The Madras service, which213 words
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573 1994-02-22 27 Ramesh Divyanathan - ADMIRALTY C ASIKOOK This column, w hich highlights important shipping court cases, will appear fortnightly from March 8 By Ramesh Divyanathan SINGAPORE An employer claiming indemnity against a shipowner for compensation paid to a worker must show fault on the shipowner's part.573 words
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SHIPS IN PORT
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Article525 1994-02-22 28 »WHl VoyHo B«rtt Vrtvri iggtw Hurt Voy No Bwtt Arrival Jurong Port ANNA 2A/94 P04 22 02/0600 2202/2300 An Gtan( 02 2/94 16 Honpj* 22 02/0500 Hr* O 05£/94 P098 2202/1430 23.02/1900 AS 157/B 12/3 noflpxH 22 02/1200 Artta Pndi 2 P06 22.02/1900 24.01/0700 Batam Murn. 02/02/94525 words
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Article1386 1994-02-22 28 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Manco Rslts Ship Voy No Etb/Btr Piriod From To From to Sw« 106A 23/1500 2 21/1700 22/0669 22/0900 4 22/1200 22/14S9 22/1700 C052W 24/0830 1 21/1500 21/1659 21/1900 3 22/0700 22/11591,386 words
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Article10499 1994-02-22 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. LEGEND PN: ship calls at Penang after10,499 words
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Article3380 1994-02-22 41 Coataiaeriine NV: Belsin Shpg Agencies Pre Ltd (Sl/Mannc Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippiae: Calsource Shpg Trdg Pte Ltd (S) Xhrenkiel Liner Service: Kim Shpg Trdg(S). Alba trot Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred3,380 words
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Article271 1994-02-22 41 Abacus Couriers Tel: 545-8011. Fax: 545-1898. Air Express Travel Tel: 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. Citv-Liak International Tel: 344-3377. Fax: 345-6450. Cluster Link Supplies Services Tel:271 words
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Article1489 1994-02-22 41 Abex Express Freight Tel: 542-7171. Fax: *****54. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7812" Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454 Fax: *****06. Air Express International Td: 542-7666 Fax: *****74. *****50. Air1,489 words
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Article2161 1994-02-22 42 ALBANIA Durres: Two vessels operating of which 1 loading copper. 1 discharging tobacco bales, no vessels in roads. ANGOLA Cabinda: Deepwater SPM has been in use for approx 1 month. Max draft 75 ft, SPM 1 will now only be in use in emergencies. Max draft 55 ft.2,161 words
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Article553 1994-02-22 42 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETC) T To today today NCA K.Z203 B747F 0145 V NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 &747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL617 B747F 0345 I TYO KAL553 words
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Article1209 1994-02-22 42 SHIP SALES TANKER RATES AFP THERE was a noticeable falling off in activity toward the end of the week, which was not surprising with the Chinese New Year holidays, coupled with a national holiday in Japan Friday and the on-set of Ramadan. The main movement this week has been inAFP - 1,209 words
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Article424 1994-02-22 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dep Name of Vessel ETA ETD Ports of Calls Port Agent Telephone No FEBRUARY 22 22 Langkapun Star 1000 2000 Penang Sin Jardine Shpg Agencies 224-1052 Aquarius Penang 22 22 Pearl 0800 1900 Bali Sin Jardine Shpg Agencies 224-1052 Jakarta 22 22 Song Of424 words
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Article658 1994-02-22 43 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 details658 words
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Article845 1994-02-22 43 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead or single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and845 words
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Article1254 1994-02-22 43 THE Baltic Freight Index for spot dry cargo shipping rates fell to 1,133 on Friday from 1,140 on Feb 17. Although trading has been brisk on the freight market this week, rates have dropped substantially for Atlantic Panamax tonnage and very few new cargoes have been quoted, brokers1,254 words
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Article, Illustration766 1994-02-22 44 Dennis Donahue - Hordes of US aerospace companies are here to compete for business in the Asia-Pacific's soaring aviation industry, says Dennis Donahue Dennis Donahue Dennis Donahue is director of the L'nited States Information Service here THE ASIA-PACIFIC region's growth in aviation and aerospace parallels its general economic growth.766 words
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318 1994-02-22 44 THE US Federal Aviation Administration (FAA) has opened a regional office in Singapore to support American aircraft, components and equipment in their major Asia-Pacific markets. The FAA, an agency of the US Department of Transportation, established an International Area Office (IAO) in Singapore to318 words
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AIR AND LAND TRANSPORT NEWS
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Article, Illustration447 1994-02-22 46 Rahita Elias - Aviation Insurance Conference in Asia By Rahita Elias SINGAPORE Airlines and their insurers can expect more turbulent years ahead. Singapore Airlines director of corporate affairs Matthew Samuel said yesterday the airline industry was not expected to stage a dramatic turnaround this year. "YieldSource: Shanlia - 447 words
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Article, Illustration226 1994-02-22 46 AP GENEVA Switzerland on Sunday banned foreign trucks from using this Alpine nation as a commercial route, turning its back on closer ties with the rest of Europe for the second time in just over a year. In a national referendum, 51.9 perAP; Reuter - 226 words
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423 1994-02-22 46 Dexter Lee - By Dexter Lee SINGAPORE The major commercial aircraft makers are likely to deliver fewer than 450 planes this year, down from 680 a year in the late 80s and early 90s. Boeing Commercial Airplane Group executive vicepresident Richard Albrecht said yesterday423 words
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LOG BOOK
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Article103 1994-02-22 46 AFP KARACHI National carrier Pakistan International Airlines (PIA) has increased its half yearly operational profits by mor£ than US$ 13.53 million (5521.6 million), a spokesman said on Sunday. Airlines revenues ended Dec 31 have shown an increase of 7.6 per cent over the same periodAFP - 103 words
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87 1994-02-22 46 Reuter TOKYO Toyota Motor Corp said yesterday its vehicle exports fell 20.7 per cent worldwide in January from a year ago to 128,208. the eighth straight month of year-on-year declines, du< to slow shipments to North America and Asia. January exports comprised 97.393 cars,Reuter - 87 words
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77 1994-02-22 46 AFP MANILA The Philippine government plans to engage the private sector in the set-up and operation of a rail link between Manila and the former US Clark Air Base north of here, the site of a new international airport. President Fidel Ramos said yesterday.AFP - 77 words
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Article99 1994-02-22 46 Bloomber Business News BEIJING The length of expressways in China doubled to 1,300 km in 1993 and Beijing plans to add another 6,000 kra over the next six years, the official China Daily said on Sunday. China has the technical ability to build the roadways,Bloomber Business News - 99 words
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Article72 1994-02-22 46 AFP HONGKONG An international aviation exhibition is being planned in southern China's Zhuhai special economic zone next year, it was reported yesterday. Some 600 aircraft will be on show in Zhuhai, when the exhibition opens on Nov 28, 1995, the Wen Wei Po said. AuthoritiesAFP - 72 words
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Article520 1994-02-22 46 Reuter HONGKONG When Richard Branson flies into Hongkong this week, two of the world's select band of profitable airlines face a basic problem of aviation economics: more seats than passengers must mean lower fares on the lucrative London route. Today's launch of a Lon-don-Hongkong service byReuter - 520 words
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Article1380 1994-02-22 46 ati n» eta n» rro^ Aba Dhabi GA893 1655 GA974 2325 GA984 2340 AMaMa Qf81 1930 QF82 2050 SQ228 2105 Aautartfaai KL844 0535 KL837 1540 KL838 2300 GA893 1655 GA974 2325 SQ26 2355 Atbww SQ348 2250 Auckland NZ35 1425 SQ288 2045 SQ286 2035 NZ36 2235 Bakraia1,380 words
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234 1994-02-22 46 Reuter ADDIS ABABA Ethiopia has ordered the restructuring of its national carrier Ethiopian Airlines, saying corrupt and inefficient management had pushed one of black Africa's flagship airlines to the brink of collapse. "A structural policy change which took 24 months to materialise should be implementedReuter - 234 words
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Advertisement17 1994-02-22 27 If you want H thereJ yesterday, Fly it with us today„ a. a GRIFFIN KINETIC *****33 i17 words
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Advertisement29 1994-02-22 27 1 I Lines and services represented by /2SS& HMndters of Km Registry ef Accredited litfCSm*\ Shipping Agents, Shppon National Shipping Association. far advertising enquiries, contact Shipping Times: Tel 740-2089/740-209029 words
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Advertisement619 1994-02-22 27 F M R FORWARDING PTE LTD WEEKLY CONSOL TO EUROPE CALL: *****00 US aviation companies eye Asia-Pacific market, Page 18 Aviation Insurance Conference in Asia, Back Page 6TH SINGAPORE INTERNATIONAL bunkering conference 22-24 March 1994 World Trade Centre S I B C O N '94 Singapore With "Bunkering An Era619 words
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Advertisement361 1994-02-22 28 M T.S.K. LINE --'3 T# Tlx: RS *****/TBKSIN SJQgr TOKYO SENPAKU KAISHA, LTD. CR No: U*****0000N ACXPABT 0408 -21.02 **23.02 22.03 23.02 01.M 0103 0103 HM MX3 ::.3 Hcncmo* 021 A 23.02 *25.02 25.02 0113 0103 07.03 11,03 12.03 uu n u C. lOCW 50 gio3 0103 ACX MK 0508361 words
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Advertisement1041 1994-02-22 28 CAllfQWii WTIWW U 2)242 12) 14) II) I 171 lIS 1 I 1)) II) II) II go. Jif !2!2i XKSHf* ',y. U' Jii 01 24) 22) 22) 211 ?n m mo mart ti/om u id id id 21) 24) 271 2?) 21) mi hi AIfMW ItflitH Li tti_l ttJ-J LJ1,041 words
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Advertisement2343 1994-02-22 29 H OOCL < S > m LTD JARDINE SHIPPING AGENCIES nf TEL' *****13 FAX *****42 PETALING JAYA TEL: 03-*****76 FAX: 03-*****42 DOCUMENTATION TEL: *****55 (INWARD)/*****90 (OUTWARD) A NG TEL. *****4 FAX: *****1 CFS TEL: *****6 BOOKINGS TEL: *****80 *****81/ *****82 p O" T 1 E IJ L ..cA*.0,. nouCl rpc2,343 words
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Advertisement1988 1994-02-22 29 ■HEHssanza MOMBASA/DAR ES SALAAM NEXT AVAILABLE SAILING KHALEEJ BAY V.2743 ETA SIN 25TH FEB 94 VMM Voy ETA ETD FwttrM by DESIHATIONS Th« M* MAREN MAEASK V 9404 F 01/03 0800 MRS CfS 28/02 2359 MRS JO* LPK PEN OAK LOB SFO MEM ATL MIA CKS BAL PHL NYC I1,988 words
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Advertisement1599 1994-02-22 30 AOABA R'DAM/ [I ALSO ACCEPTING FROM VESSEL VOY NO SPORE JEDOAH (VIA JED) STON HBURG A WERP HAVRE MAi tvtll LA SEINE 34/107 23/2 12/3 15/3 13/3 Porl Ke(arig p enang KAI 06/306 24/2 5/3 11/3 13/3 16/3 18/3 20/3 Pa»r Qudarig HOECHST EXPRESS 13/307 26/2 7/3 14/3 16/3 19/31,599 words
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Advertisement565 1994-02-22 30 p FCL Breakbulk Service to: AFGHANISTAN MAM Afghanistan Ltd., Sole Foreign Forwarder in Kabul for aN services C.I.S.- Vostochny, Vladivostok, Moscow, Tashkent, Kiev, Minsk, Riga, Baku, Irkutsk, Alma Ata North Korea Vietnam e Mongolia e Hungary TOLL CONTAINER SERVICE TO ESHNONTH/WEST AFRICA ifKi VESSEL SIN DKR Ned Europa V 2024565 words
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Advertisement1174 1994-02-22 30 I NORASIA" I NORASIA SAMANTHA 9407 3 23/02 18/03 23/03 24/03 26/03 21/03 22/03 23/83 24/83 25/03 I I NORASIA SUSAN 94«8-3 03/03 23/03 26/03 27/03 27/03 28/03 29/03 30/03 31/03 01/04 I I NOR ASIA SJNGA 9409 3 09/03 36/03 02/04 03/04 03/04 04/04 05/04 06/04 07/04 08/04 I1,174 words
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Advertisement972 1994-02-22 35 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore 0106. I M CR NO I VESSEL VOY SIN CMS JIB JCD AOJ ADE HOO PZU ASA KOTA BERK AT BKTOO7 1/1 1/3 13/9 18/1 IS/3 IS/3 IS/3 KOTA BERLIAN SRLOO3 24/3 30/3 S/4 12/4 S/4 S/4972 words
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Advertisement1581 1994-02-22 40 P€NAN<* (04) *****6 BANGKOK (662) *****67 MANILA (632) *****61 r P.KgUNQ: (08> *****77 JAKAWTA: (21)*****07 SURABAYA: (81) *****0 HKG/TWN/BKK [GENOA/EUROPE PEN PKL SIN 5 SAILINGS/MEEK PEN PK SIN 23/2 24/2 25/2 Hong Kong Genoa/Barcelona 4/3 5/3 6/3 25/2 26/2 27/2 Honf Konf Ldn/Fli/Rdm/Ant/Lhv/Ham 26/2 27/2 28/2 27/2 28/2 1/3 Hone1,581 words
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Advertisement21 1994-02-22 43 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. \iNOAnn9 f Business Times WE KNOW ASIA21 words
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Advertisement52 1994-02-22 43 ,1 ~~1 BecufcMeHousekeeper ihishctel) O I I wants >s me. Bub I'll never neglasl I 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 JT Singapore52 words
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Advertisement345 1994-02-22 44 1 VESSEL VOYAGE SINGAPORE MANILA. 1 VIGOUR SINGAPORE 9408N 18/02 26/02 VIGOUR SINGAPORE 9408 AN 21/02 26/02 EVWY VIGOUR PACIFIC 9409N 25/02 05/03 FRDI P AND MONDAY VIGOUR PACIFIC 9409 AN 28 02 05/03 SOUTH PHILIPPINES FULL CONTAINER SERVICE VESSEL VOYAGE SINGAPORE GENERAL SANTOS] DAVAO CEBU VIGOUR LUZON 9408E 18/02345 words
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Advertisement41 1994-02-22 44 Rltl COMTJUHfII SBWICt VESSEL VOY SIN JKT SERAYA JAY A 134SR 25/02 27/02 SENTOSA JAYA 190S 20/02 23/02 SENANQ JAYA 166SN 23/02 26/02 ALL VESSELS BERTH AT "Wl" IN JAKARTA INDONESIA AGENT JAKARTA PT ANGGI OCEANINDO LINE TEL: *****75 FAX: *****8641 words
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Advertisement310 1994-02-22 44 GAffiW ON HOLIDAYS WHEN YOU SHIP WITH US ZoCsW BKEAKBUIK «r CONSOLIDATION SLRVICKS PTt LTD H|| |(Jtl LJB&PtJI/ W b MOUSE 37 l>uxt«wi Hill :>ln<|aport- <>2<>H Tel: 22."> H332 fax 224 3343 DLT CONTAINER LINE SERVICE TO CIREBON (WEST JAVA)" Sin Cbnl Cbn Sin Vessel Name Voy Eta Eta Voy310 words
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Advertisement220 1994-02-22 44 I COSCO UKC CONVENTIONAL SERVICE VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 28/02 Rotterdam/Antwerp CHINA CONVENTIONAL lEHWCI VESSEL PKL PNG P.O. LOADING FOR: A VESSEL 15/03 20/03 Huangpu/Guangzfiou COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHMA/SANGKOK/HONOKONQ EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned220 words
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Page 44 Miscellaneous
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Miscellaneous680 1994-02-22 44 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1100 1900 2000 2100 2200 230$ 1.5 1.5 1.5 1.6 1.7 1.9 2.2 2.4 2.5 2.4 2.3 2.0 1.6 lj 1.1 0.9 OS 0.9 1.1 1.3680 words
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Advertisement995 1994-02-22 45 IA HYUNDAI I MERCHANT M CO. LTD. r WESTBOUND TO EUROPE BKQ: *****61 VESSELS VQV I PWA PKE I PCD I VESSELS VOV SIH WTM AWT* LDf* HAM BE* FEL j HMM ADVANCE 03SA 21/01 22/02 24/02 SI FREEDOM 309* 28/02 11/03 19/03 21/03 20/03 20/03 22/03 NOR MALACCA 9409995 words
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Advertisement467 1994-02-22 45 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KSIEI 9 fi IK u INSMM *17 4/3 1/1 1/1 •am mi in i/i T/i HIM MV 111 11/1 TIMH n 1/1 1/1 *»K4 MOO* Ml 1/1 11/1 Kliuni IM 7/1 1/1 OUTBOUND VESSELS LOADING FOR SEN/MAC SEKI NAGOYA467 words
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Advertisement935 1994-02-22 45 I 1 I VESSEL VOY 'SIN ETA/D I LAX I OAK CHI 1 DAL HM/COl IHOU NTC NOR i GEORGE WASHWGTON BR 761 24-25/02 13/03 15/03 lt/03 17/03 17/03 11/03 11/03 19/03 ALLIGATOR VICTORY 51A 03-04/03 20/03 22/03 23/03 24/03 24/03 25/03 25/03 N/03 lEIRV UPSON BRPGE 73A 10-11/03 27/03935 words
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Advertisement56 1994-02-22 46 ="[<?$`['=][|$;["|_{$-!?;,~+%[, W FAR EAST/GULF OF ADEN AND 1 RED SEA PORTS CONFERENCE Notice to Shippers j 11 P ftr t Condition Additional B Kindly be advised that a Jeddah Port K Condition Additional of USDI2S/2SO/5 m per 20ft/40ft/LCL will be implemented S with immediate effect. g H. Wyma I Conference56 words
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Advertisement5 1994-02-22 46 [ANALYSIS Tomorrow in Business Times5 words
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ASIAN AEROSPACE '94
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Article, Illustration264 1994-02-22 47 Juliette Walker - -By Juliette Walker INTERNATIONAL aerospace companies are zooming across Asian skies. Many regional companies are also gaining speed, while others have made quick take-offs. They all share one thing in common: their radar is zeroing in on the massive opportunities in the Asia-Pacific region. ForPhoto by Peter Steinnnann - 264 words
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Article, Illustration2677 1994-02-22 48 Jenny Lam - The competition is stiff but Singapore's aerospace industry should be able to ride out the turbulence, says Jenny Lam Jenny Lam The writer is a journalist for Singapore Business where this article first appeared AGAINST the backdrop of a continued world slump in civilSource: EDB - 2,677 words
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Article, Illustration1265 1994-02-22 49 Richard Albrecht - Richard Albrecht looks at the prospects for the Asia Pacific's aviation and aerospace industry Richard Albrecht The writer is executive vice-president for Boeing Commercial Airplane Group THE PAST few years have been the most trying in modern commercial aviation history. Airlines sustained1,265 words
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Article, Illustration715 1994-02-22 50 Francois Jouenne - Francois Jouenne on how French aerospace giant Aerospatiale is spreading its wings in Asia Francois Jouenne The writer is Aerospatiale 's general representative for South-east Asia and Australia OVER the last 30 years, Aerospatiale has secured a number of footholds in the Asia Pacific region which it715 words
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Article, Illustration1000 1994-02-22 50 Walt Orlowski - McDonnell Douglas tackles drag reduction, engine performance and weight on its MD-11. Walt Orlowski explains Walt Orlowski The writer is vice-president and general manager of marketing and business development for Douglas Aircraft Company, the commercial aircraft arm of McDonnell Douglas LINGERING global recession is forcing1,000 words
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888 1994-02-22 50 Serge Dassault - Serge Dassault tells how French aerospace companies have set their sights on the Republic Serge Dassault The writer is president of Gifas, the French Aerospace Industry Association SINGAPORE is drawing the enthusiasm of aerospace companies worldwide. Aside from its prime strategic location at888 words
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Article, Illustration1093 1994-02-22 52 GE Aircraft Engines - GE Aircraft Engines describes the advanced-technology engine family, developed specially to power the new, larger birds the GE9O GE Aircraft Engines OVER THE NEXT five to 10 years, the aviation industry will face a host of critical issues. These will range from dramatic1,093 words
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Article, Illustration1084 1994-02-22 53 Stan Todd - Stan Todd tells how Rolls-Royce won a regional market share of 60 per cent on the Airbus A-330 and 49 per cent on the Boeing 777 for its Trent engine Stan Todd The writer is project director for the new generation of high powered1,084 words
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Article, Illustration999 1994-02-22 54 Otis Chen - Otis Chen maps out the direction Singapore aerospace companies need to take to stay in the race Otis Chen The writer is managing director of Turbine Overhaul Services WITHIN the vibrant Asia-Pa-cific region, Singapore has been playing a key role both as a major aviation hub999 words
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Article, Illustration1126 1994-02-22 55 SIA Engineering Company reveals its formula for success in maintenance and overhaul IA Engineering Com- pany (SIAEC) has managed to buck the k aerospace industry's current slowdown. In financial year 1992/93, it turned in a creditable performance with revenue of *****.1 million.Photo by SIA Engineering Company - 1,126 words
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Article, Illustration1384 1994-02-22 56 Hormuz Mama - Hormuz Mama traces the history of the country's aerospace industry Hormuz Mama The writer is a senior editor for Airport Forum of Germany, Asia editor for Interavia Aerospace World of Switzerland, and South Asia correspondent for the International Defence Review INDIA is a subcontinent1,384 words
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Article, Illustration997 1994-02-22 57 Juliette Walke - Juliette Walke looks at Asian efforts to address regional demand for mid-sized aircraft Juliette Walke The w riter is a journalist in Business Times ASIAN aerospace companies are trying to hop onto the tail of the region's fast-clim-bing aviation industry in a bid to997 words
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Article, Illustration1580 1994-02-22 58 Fred Leenerts - Fred Leenerts discusses the pains and gains of providing interactive inflight entertainment Fred Leenerts The writer is the Asia-Pacific marketing director for Hughes-A VICOM THE age of interactive inflight entertainment and communication (IFEC) is here, promising to revolutionise passenger aviation services worldwide. In less than five1,580 words
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Article, Illustration725 1994-02-22 58 Paolo Prudente - The Asean region is a goldmine of opportunity for companies like Italy's Alenia that provide air traffic control systems, says Paolo Prudente Paolo Prudente The writer is head of Alenia !s radar and systems division AIR transport in highgrowth South-cast Asia is drawing a wide725 words
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Article, Illustration967 1994-02-22 59 Colin Boardman - Providers of air traffic control systems are set to gain as the region's mushrooming aviation industry spawns demand for related services, says Colin Boardman Colin Boardman The writer is communications manager for Thomson-CSF/SDC Division Regional demand for air traffic control systems is set to sky rocket in967 words
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Article, Illustration1291 1994-02-22 60 Dwain Mayfield - The F-16 still fighting for a market share The market for military aircraft is increasingly competitive. But Lockheed's F-16 has managed to keep its lead over rivals based on the fighter's capabilities, cost and firm order base, says Dwain Mayfield. Dwain Mayfield The writer is vice-presi-dent of marketing and strategic1,291 words
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422 1994-02-22 60 Donald Key - Donald Key describes the positive market outlook for helicopters in Asia Donald Key The writer is chief pilot for Bell Helicopter Asia. Helicopters are becoming more popular with regional organisations as company executives are caught up in the whirl of activities inherent in boom economies422 words
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Article, Illustration1193 1994-02-22 60 Andy Lewis - Andy Lewis explains why helicopters provide a flexible solution to the military, civil and national border patrol needs of Asia-Pacific governments Andy Lewis The writers is exfrrt sales director for Westieuid Helicopters Helicopters have become the focus of Asia Pacific countries in need of an adequate1,193 words
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Article, Illustration1324 1994-02-22 61 Mylene Khaski - Despite the boom in the Asia Pacific aviation industry, Mylene Khaski says corporate jets are still flying through rather bumpy but promising skies Mylene Khaski The writer is the managing director of Aeroleasing Far East IMAGINE taking commercial flights from Singapore to conduct business1,324 words
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Advertisement400 1994-02-22 47 Leading the way to a brighter global market What it takes to survive in the repair business Pgs t, 9 GE, Rolls Royce talk about their new engines Pgs 6, 7 Editor: Juliette Walker. Coordinator Peter Wong. Sub-editors: Samuel Ee, Magdalene Phang, James Quek and Yu Chin Fun. Artists: Allan400 words
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Advertisement7 1994-02-22 47 Having fun with inflight entertainment Pg 127 words
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Advertisement145 1994-02-22 48 v 4 4 i h fcti f ji Asian Aerospace* Come See Us. Stand In the Exhibition Main r I, ATR. The people. The planes. The total service system. r* r I r, y With over 50 Today sees the introduction of the ATR 42-500. >* 1 r\* customers and145 words
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Advertisement37 1994-02-22 49 ,--> V Soaring With The Wind. <> Q r A r AiPPOPT POAD, PAYA If BAP, SINGAPORE 1953 TEI 78/ 1111 TEIEX PS ***** SAMKG FAX (65) ?80 9/13 280 8? I 3 A:: </ ollHj.iporo Tech nolo tj km.37 words
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Advertisement205 1994-02-22 50 THE JAPANESE DEFENSE AGENCY DIDN'T SELECT 30 OF THEM FOB THE WALNUT TRIM. Tha Japanaaa art parhaps the moat diacarning And this la|andary workmanship ia complemantbuyara on aarth. Thair atandarda for quality ara un- ad by tha Hawker's axpanaiva cabin nnd unmatched compromiaing. to any tha loaat. So it comoa205 words
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Advertisement91 1994-02-22 51 IPilaft&aE J§|||| §g|jßM ;<|V- HP^p» iwHp^ssywi^^^111 jB| »-«mm <* >^OP^B^ /o£?_^^K ra^y^Bßl AIM A TECHNOLOGICAL HERITAGE. Alenia is Italy's leading company in the design and construction ot aeronautical, space, electronic and defense systems. Alenia's products are at work in more than 80 countries on all five continents: civil and military91 words
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Advertisement159 1994-02-22 52 i.. Ariane 5 Exocet Building partnerships in aerospace technology. Aerospatiale's success is built upon technological and qualitative supremacy, plus the Group's unique ability to exploit the synergy which characterises its achievements. This is clearly shown by Aerospatiale's pioneering development of satellites with military and civil launchers such as Ariane. Cutting159 words
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Advertisement339 1994-02-22 53 Fifty Years Experience, $12 Billion in Financing over Five and a 100% Commitment to the Aerospace Industry in Asia and Around the WfoiicL t t UK 9 w TACA International Airlines, S.A. ■PSSiStlxlisl unrrcoAHtunct China Southern Airlines j China Southern Airlines M M iie*44A»a» HI :.1 ml International Lnm Finance339 words
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Advertisement22 1994-02-22 54 SMNAT ASIAN AEROSPACE' 94 Instituto Espariol ggggtl de Comercio Exterior m Secretaria de Estado de Comercio k MINISTERIO DE COMERCIO Y TURISMO22 words
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Advertisement220 1994-02-22 55 Giat Industries: The masters. Masters of our profession. Masters of Vehicles. Masters of Ordnance. Masters of Ammunition. Its expertise in Advanced Mechanical Engineering, More than 5000 armoured vehicles manufactured by Self-propelled guns, towed guns, guns for MBT's and APFSDS, extended range, cargo, "intelligent" the synergy of its subsidiaries, its ability220 words
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Advertisement600 1994-02-22 56 ADVERTISEMENT Mastering Aerospace Technologies with France FRENCH AEROSPACE COMPANIES French competence AT ASIAN AEROSPACE' 94 The French aeronautical and space industry is the second most important in the Western World. With its more than 200 member firms, it leads the European aerospace field with an annual AERAZUR revenue of 19600 words
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Advertisement117 1994-02-22 57 J&fjpr Hand Your Freight To Someone Who Will Hand Them Over To Someone Else? j At UPS, we pick up your freight, handle all customs formalities (using our own UPS-employed brokers) and deliver them to their final destination. That may sound extremely simple. But there's a good chance your present117 words
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Advertisement190 1994-02-22 58 I and military aircrafts. Our commitment to quality and excellence is endorsed by the SI many satisfied international customers. We strive to serve your needs and enlarge your I opportunities. I Come and see us at our national pavilion at Booth 8144 (Hall B) J DAEWOO HEAVY Fuselages (F-16, Boeing190 words
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Advertisement45 1994-02-22 59 P WW ■SI v' V yla 1 n li M] ***************588E888 f^SjT For the man of today. The Symbol of quality, style and elegance, J committed to nothing but the Leather goods, only can you a help you out whenever For the man of today.45 words
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Advertisement118 1994-02-22 60 WEI FA BAO A Highly concentrated nutritional Mitot I' The grow* of Mr on re head cfedad No tfvaa I pertx* yoMng. raaftng and droppng I a norm* to aaSSa* i 3HPW _WEI f=AB*L B* 'l»nuntwalh*mng<*m*yd***x»o ""ITU- 100, I a »ma to pay MrHcn to picbtom I tha -TJIJJLS--, loaa118 words
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Advertisement68 1994-02-22 61 I Ageless beauty H Unmatched technically I P Serving commercial aviation for H ifl years I V Pioneering urethanes M I Pace setting high solids fl Spec'd by major OEM's around I I the world H I Call or write today for I detailed information I Available world-wide I —mm68 words
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Advertisement134 1994-02-22 61 !S J FIND OUT 11 M WHAT'S HAPPENING |1 ON TUESDAY NIGHT 1 AT THE NEPTUNE. I I SI P ii I Every Tuesday night, The Neptune is reserved for all i I I who love ballroom dancing. i J I Here's your chance to put your best foot forward134 words
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Advertisement315 1994-02-22 62 BREITLING EXHIBITION 22 FEB 6 MAR "94 Sincere Watch Ltd (Lucky Plaza) Tel: 737 4648 ,r x Sincere Watch Ltd (Marina Square) Tel: 337 3846 v y The Hour Glass Ltd (Scotts Shopping Centre) Tel: 235 6527 Watches of Switzerland Pte Ltd (Forum Shopping Mall) Tel: 734 0928 BREITLING H^HHBPHIIHRP315 words
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