The Business Times, 13 July 1995
1995-07-13
1
36
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The Business Times
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Title Section12 1995-07-13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Thursday July 13 1995 85*12 words
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2am LATEST
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Article67 1995-07-13 1 Reuter NEW YORK Wall Street stocks rose yesterday, boosted by a rally in high technology shares that was sparked by stronger-than-expected profits at Motorola Inc. The Dow Industrial Average was up 20.75 at 4,701.35 at 2pm EDT. In the broader market at Ipm EDT, advances ledReuter - 67 words
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Article168 1995-07-13 1 Stock market indices Wednesday Change ST1I 2,176.40 +4.62 KLSEComp 1,066.46 +10.82 Nikkei 16,605.74 +17.55 Hang Seng 9,639.62 -30.35 SET Index closed Jakarta Comp 507.23 -0.28 Manila Comp 2,914.4 +4.2 Taipei WPI 5,624.69 +29.82 Seoul Comp 962.22 +2.23 Bombay BSE30 ..3,244.30 30.05 CLSA China B 785.74 -1.35 Aust All168 words
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Article, Illustration420 1995-07-13 1 Claire Leow - By Claire Leow SINGAPORE Olivetti, the Italian multinational, has decided to close its Singapore factory and retrench its staff of 550. Ordon Selli, general manager of the Singapore factory at Ayer Rajah Crescent, told Business Times that the closing would be420 words
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626 1995-07-13 1 Agnes Wee - By Agnes Wee SINGAPORE Property consultants have ruled out a dramatic fall in residential property prices, saying that, at most, they may slip 10 per cent in the next six to nine months. Thereafter, they expect demand to pick up. Their forecast626 words
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500 1995-07-13 1 Chan Siew Ling - By Chan Siew Ling SINGAPORE At least 10,000 families living in Housing and Development Board flats also own private residential property. And in four out of 10 of these cases, the property is overseas. The 1993 Sample Household Survey by the HDB, with500 words
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446 1995-07-13 1 Harish Mehta - Normalisation of US-Vietnam ties By Harish Mehta SINGAPORE Singapore investments in Vietnam will see a major boom after the US grants "most favoured nation" (MFN) trading status to Hanoi, said Vietnam-based managers of Singapore firms. Although getting MFN status essentially equal treatment446 words
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Page 1 Advertisements
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Advertisement198 1995-07-13 1 CO-2233: Removable CO Tuner wiß) OSP Sound P'ocessor/CD Changer Controller FUJITSU TEN AMATEUR PHOTO STORES PTE LTD. Singapore: Phone; 235 1333 Kuala Lumpur: Phone: 757 0233 Panang: Phone; 615 985/619 014 Jakarta: Phone, *****9/*****8 BT Online Look us up at http:// www.asia 1 .com.sg/biztimes CONTENTS News Companies S pore News198 words
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Advertisement65 1995-07-13 1 Law: Pg u Lawyers and communication Nick Leeson in campaign to work up sympathy against S'pore trial "The biggest crime that I am guilty of is trying to protect people and ensure that the bonuses that they expected were paid." \L i Mai Leeson in a letter read out by65 words
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Advertisement31 1995-07-13 1 Hock Lock Siew: Pg 13 Power play at Van Der Horst Prime office rentals expected to soar 20% by 1998, Pg 2 Northern region: home to private industrial developments, Pg 231 words
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Advertisement111 1995-07-13 1 The Bottom Indon-A stHi strpnC nFi |GOLF|HOUSE The Odtim&Ce tk GOU HOUSE MEGA Ngee Ann City GOLF HOUSE Cantrapoi nf GOLF HOUSE Marina Square ROYAL SPOUTING HOUSE GROUP i MORE REPORTS, Pg 4 Hanoi does not automatically qualify for US economic schemes US business leaders want MFN on talks agenda111 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration310 1995-07-13 2 Paul Leo - By Paul Leo THE Singapore dollar is expected to strengthen further against the US dollar in the long term. But in the meantime, fluctuations will be kept within a tight range. Overseas Union Bank says in its latest monthly financial review that strong economic fundamentalsSource: Bloomberg - 310 words
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Article, Illustration450 1995-07-13 2 Shahiron Sahari - By Shahiron Sahari THE SINGAPORE entertainment industry is a several-bil-lion-dollar business that has entered its growth phase only in the past five years, Dennis Foo, president of the new Association of Entertainment Organisations, said yesterday. Mr Foo said the entertainment industry, which includesPhoto by Arthur Lee - 450 words
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567 1995-07-13 2 Agnes Wee - Redas property seminar Reports by Agnes Wee RENTALS of prime office space are expected to rise not more than 5 per cent in the next six months, but are expected to jump by 20 per cent by 1998, said the executive567 words
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454 1995-07-13 2 Ven Sreenhrasan - By Ven Sreenhrasan EMPLOYERS can contribute to the Central Provident Fund (CPF) accounts of their expatriate staff but such voluntary contributions will not be tax exempt, the Ministry of Labour (MOL) said yesterday. "Employers don't have the option of tax-free CPF payments," an454 words
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355 1995-07-13 2 Chuang Peck Ming - By Chuang Peck Ming PRODUCTION operators have replaced technicians on employers' most wanted list for the first time in 12 months, says a survey by Remuneration Data Specialists. Production operators made up over a quarter of the total staff that employers wanted355 words
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274 1995-07-13 2 EXTENSIVE private industrial developments can be expected to sprout up on the large tracts of freehold land at Woodlands, Mandai and Marsiling, said Eddie Yong, of Knight Frank Cheong Hock Chye Baillieu. Mr Yong, who was addressing a seminar on property prospects yesterday,274 words
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796 1995-07-13 2 LONDON Nick Leeson, former trader at collapscd UK merchant bank Barings, yesterday appealed to the British media to campaign to help him avoid what he callcd a "show trial" in Singapore on cheating and forgery charges. Leeson, 28, who796 words
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189 1995-07-13 2 HOMEGROWN film and commercial producer JSP group will soon export its expertise to China. The group's post-produc-tion arm, JSP Post Pte Ltd, has secured a licence from the Szechuan provincial government to operate a TV commercial post-production company there. Post-production is189 words
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Page 2 Advertisements
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Advertisement15 1995-07-13 2 it he market predictable. THE Finest Scotch |i W W tmlKmHI FB M fW PMBj15 words
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Page 3 Advertisements
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Advertisement178 1995-07-13 3 Pacific Century Corporate Access And Singapore Telecom Expand The Scope Of Telecommunications In Asia Pacific Century Corporate Access and Singapore Telecom have teamed up to offer Singapore-based companies international telecommunication links to the region. Singapore Telecom presently offers corporate customers a wide range of telecommunications solutions including international leased circuits178 words
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SOUTH-EAST ASIA
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408 1995-07-13 4 Harish Mehta - Normalisation of US-Vietnam ties Reports by Harish Mehta SINGAPORE The United States' decision to normalise relations with Vietnam does not automatically qualify Hanoi for economic programmes and benefits, according to a White House statement. The US and Vietnam are expected to sign408 words
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258 1995-07-13 4 Leon Hadar - From Leon Hadar in WASHINGTON US BUSINESS leaders hope that the issue of Vietnam's trade status will be discussed during Secretary of State Warren Christopher's coming visit to Hanoi. Following President Clinton's announcement on restoring diplomatic ties with Vietnam, lobbyists for American corporations258 words
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NOTE BOOK
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Article52 1995-07-13 4 Reuter MANILA The Subic Bay Metropolitan Authority (SBMA) has signed an agreement with the Japan International Development Organisation (Jaido) to develop a 180-ha industrial estate in the free port. SBMA said yesterday that Jaido planned to initially build a technology centre for small and medium-sized industries thisReuter - 52 words
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60 1995-07-13 4 AFP MANILA The Philippines is to host an Asia Pacific Economic Cooperation (Apec) ministerial meeting on labour mobility from Jan 10-11. The foreign department yesterday said "Apec recognises the need to identify changes in the demand for skills in critical sectors whichAFP - 60 words
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Article69 1995-07-13 4 Bernama KUALA LUMPUR Myanmar's open door and market-orient-ed policies offer foreign investors, including those from Malaysia, business opportunities in almost every aspect of its economy. Public Bank Bhd, in an article on "Myanmar: A Land of Opportunities" in the latest issue of Economic Review said: "It isBernama - 69 words
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Article64 1995-07-13 4 Reuter KUALA LUMPUR Prime Minister Mahathir Mohamad has vowed to crack down on corruption in Malaysia's ruling party but analysts yesterday said it will be hard for him to succeed. "I am disappointed with those using money to get positions," Dr Mahathir said .on Tuesday, indicatingReuter - 64 words
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199 1995-07-13 4 SINGAPORE Vietnamese Prime Minister Vo Van Kiet yesterday welcomed US President Bill Clinton's decision to normalise diplomatic relations with Vietnam, calling on both countries to expand economic, scientific and technological links. In his first comments after the US move to normalise ties,199 words
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450 1995-07-13 4 Reuter BANGKOK The victory of the Chart Thai (Thai Nation) Party in Thailand's recent election has shaken the domestic property sector out of prolonged doldrums, analysts said yesterday. Chart Thai's win in the July 2 poll has brought back memories ofReuter - 450 words
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Article, Illustration40 1995-07-13 4 AFP MANILA Police escorts of President Fidel Ramos's convoy negotiating a flooded street in Manila's Tondo district yesterday. Mr Ramos was on his way to inspect a 1.33 billion peso (5572.8 million) flood control project. AFPAFP - 40 words
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217 1995-07-13 4 Al Labita - From Al Labita in MANILA PRESIDENT Fidel Ramos yesterday ordered the central bank, the Foreign Office, the trade and industry department and other agencies to submit a study of the Philippines' various restrictive laws for either amendment or repeal.217 words
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240 1995-07-13 4 Reuter YANGON Myanmar's opposition leader Aung San Suu Kyi yesterday urged foreign businessmen eager to invest in her country to study the situation carefully before doing so. "Of course, in the long run I think we would need international investment but I don'tReuter - 240 words
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249 1995-07-13 4 AFP JAKARTA Indonesian MPs have urged the government to tighten the activities of stock brokers and the market watchdog in a revision of the capital market bill, to prevent trading fraud, reports said yesterday. Licensing for stock brokers should be clarified to preventAFP - 249 words
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Page 4 Advertisements
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Advertisement99 1995-07-13 4 H t< y Hi Speakers: Mr. Duncan Mclnncs jjP I Mr Michael Robinson B Land up to 7300 sq. ft., houses up to 2700 sq. ft. Lush landscaping, pleasant tree-liiuil sirrets bJ Freehold, 3 or 4 bedrooms with ensuite A brief walk from restaurants, shopping centres, r ,U Highly respected99 words
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Advertisement374 1995-07-13 4 SINGAPORE INSTITUTE OF MANAGEMENT BB The first educational and training institute in Asia to achieve SISIR ISO 9000 Certification B B B i July 31 December 18, 1995 Every Monday: 7.00 pm -10.00 pm I K I Examination Date: January 8, 1996 2.00 pm 5.00 pm I B B I374 words
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Advertisement8 1995-07-13 4 Editorial:\\ van mar's tricky road ahead, Pg 108 words
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CHINA/HONGKONG/TAIWAN
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425 1995-07-13 5 Reuter BEIJING China's inflation fell in June for the eighth month and economic growth has cooled, leading experts to forecast a soft landing for an overheated economy despite official warnings that Beijing cannot relax its grip. "We should keep clearheaded andReuter - 425 words
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Article, Illustration49 1995-07-13 5 Reuter AIPEI Two children watching a spinning top called Ucas float in the air due to magnetic forces. The top, on display at a aipei toy show, is designed to help children understand about the earth's gravity. It is on sale for NT$l,6OO (SsB6). ReuterReuter - 49 words
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405 1995-07-13 5 Reuter SHANGHAI China raised the prospect of opening more cities to foreign insurers yesterday after the American International Group (AIG) pulled off another coup by getting the go-ahead to trail-blaze in Guangzhou. The official China Daily quoted an official of theReuter - 405 words
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325 1995-07-13 5 Reuter WASHINGTON US Secretary of State Warren Christopher has called for Beijing to release promptly ChineseAmerican activist Harry Wu, but Mr Wu's wife said stronger US action was needed. "I think the thing that would be most conducive to good relations betweenReuter - 325 words
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271 1995-07-13 5 Reuter BEIJING China, struggling to curb corruption, has jailed a Communist Party official for six years for accepting bribes and embezzling public funds. The People's Daily yesterday said the Intermediate People's Court in Baoji City in north-western Shaanxi province convicted MaReuter - 271 words
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193 1995-07-13 5 Reuter HONGKONG A vote of no confidence in Hongkong Governor Chris Patten, the first in the 150-year history of the British colony, was defeated in the legislature yesterday. There were 17 votes in support of the motion, 35 against and four abstentions.Reuter - 193 words
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CHINA WATCH
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76 1995-07-13 5 AP TAIPEI A Chinese police vessel stopped three Taiwanese fishing boats yesterday west of the Philippines in the disputed Spratly Islands, authorities said. The Agriculture Council said the boats were stopped in the same area of the South China Sea, west of Luzon. Taiwan TelevisionAP - 76 words
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Article, Illustration64 1995-07-13 5 Reuter STUTTGART, Germany Demonstrators holding up posters on Tuesday to protest against human rights violations in China, Chinese President Jiang Zemin had arrived for a ballet performance of Romeo and Juliet at the famous theatre here. The poster shows a picture of a lonely protester inReuter - 64 words
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Article84 1995-07-13 5 AFP BEIJING China's version of the "Bermuda Triangle" Black Bamboo Ravine is well on its way to becoming a major tourist attraction, Xinhua said yesterday, just two weeks after experts warned of the area's dangers. The ravine, blamed for numerous mysterious disappearances, is being touted as "anAFP - 84 words
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65 1995-07-13 5 Reuter CHANGSHA, China The worst flooding to hit China's southern Hunan province in four decades has left 403 people dead and 527 missing, officials said yesterday. Summer floods have hit Hunan harder than any other Chinese province, forcing 500,000 people out of theirReuter - 65 words
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Article68 1995-07-13 5 AFP BEIJING A major earthquake measuring 7.3 on the Richter scale struck a remote area of the Sino-Myanmese border yesterday, with initial reports saying two people were killed and 27 injured. The quake hit at 5.46 am (2146 GMT) with the epicentre less than 100 kmAFP - 68 words
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Page 5 Advertisements
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Advertisement188 1995-07-13 5 A NEW gyy Qgg gg| FREE! ,i7rJI°iWJA I Buy one air ticket get one night J hotel accommodation free HONG KONG/SHENZHEN [ft] Daily Departure aCCC One Night Stay Super 5-Star Shangri-La Hotel (single room) in Shenzhen frSnnlv One Night Stay Super 5-Star Kowtoon Shangri-La Hotel (twin-share) fr $588 only BEIJING/WANG188 words
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Advertisement154 1995-07-13 5 Royal Club at Amara... Because we believe Business Class should not stop when you leave Business Class. 3 it <$> Welcome to the privileged world of Royal Club: deluxe room facilities, I personalised stationery, daily fruit basket, floral bouquet plus your personal copy of daily newspapers and your choice of154 words
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Page 6 Advertisements
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Advertisement264 1995-07-13 6 WBtmm'. jiIbBB T/tt/EKm Wmk *«f #a mgmmm. a VIM ft ■gjfc| Bm I JPP HP* 1 JI I,T %ii\^liß'By Blr^ l ß^jMi tfP mm ™i jHDP f J# v xSS ft a. HUH Hfl[ jjjfe fflfflpilpßfe BAIII #*****88 *»_E*H£k,J HF^^^^Bffiff_ filc iIfIiSBKoMI <1 c I ii*. °J^| SOLE AGENT SERVICE264 words
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ASIA
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423 1995-07-13 7 Reuter WELLINGTON New Zealand announced yesterday a higher-than-expected NZ52,498 billion (552.36 billion) current account deficit in the year to March 31, 1995, but officials and economists said there was no cause for alarm. They said New Zealand's current account deficit, at 2.9Reuter - 423 words
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Article168 1995-07-13 7 AP GENEVA Japan protested on Tuesday to the World Trade Organisation that the US could violate global trade accords with its investigation of Japan's market in film and photographic paper. The Clinton administration said on July 3 it would investigate charges by America's EastmanAP - 168 words
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Article, Illustration53 1995-07-13 7 Reuter TOYONO, Japan The Torii river in Toyono, about 180 km from Tokyo, broke its banks yesterday as torrential rains swept through large parts of central and northern Japan. Rainfall of up to 30 mm an hour soaked much of the northern half of Honshu, Japan'sReuter - 53 words
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320 1995-07-13 7 Reuter SYDNEY Australian employment levels are generally expected to have improved over June, although some economists are still looking for further correction to April's large rise. Data to be released later today is expected to confirm that employment is still growing although economistsReuter - 320 words
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204 1995-07-13 7 Reuter NEW DELHI India yesterday urged the European Union, its single largest trading partner, to grant it nondiscriminatory access to the world's most affluent market. "If 1 were asked for a wish, it would be give us non-dis-criminatory market access," Indian CommerceReuter - 204 words
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ASIA NOTES
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57 1995-07-13 7 AFP SEOUL Foreign direct investment in South Korea rose 31 per cent on a year earlier to US$946 million (551.32 billion) in the six months to June, the Finance and Economy Ministry said yesterday. The jump was attributed to South Korea's steady economicAFP - 57 words
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Article81 1995-07-13 7 Bloomberg Business News CANBERRA Prices charged by Australian manufacturers in May for goods they produced posted their biggest annual gain in more than four years, suggesting inflation hasn't been tamed yet. Manufacturing output prices rose 0.4 per cent in May from April, up 4.0 per centBloomberg Business News - 81 words
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83 1995-07-13 7 AP CANBERRA Some factions in the Indonesian government are looking for a face-saving way of withdrawing from East Timor, a prominent Indonesian academic said yesterday. George Aditjondro said that, despite Jakarta's assertions that the annexation of the territory was irrevocable, Indonesian history showed the government wasAP - 83 words
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55 1995-07-13 7 AFP DHAKA Bangladesh has called out the army to help battle the country's worst floods in more than six years, after the death toll from the catastrophe rose to 42. Prime Minister Khaleda Zia yesterday toured the affected northern regions, where some six millionAFP - 55 words
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Page 7 Advertisements
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Advertisement190 1995-07-13 7 While the lines of this body are undisputedly sensuous, the j KJfm, 1% discerning admirer does not focus on looks alone. But rest assured. 30 The soul of the new XJ Series the AJI6 powerplant will deliver a performance nothing less than inspired. Not only is the 1995 XJ Series190 words
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Page 8 Advertisements
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Advertisement700 1995-07-13 8 J tSlav Vtmt W II The All Naturally Brewed Beer. L WORLD S LARGEST SELLING B6ER J J 5 -f* k r— PASTA FACSCA GOLD PAIVII.CGC CARD P«rt Of Eieldtive Gastronomic Eli*e\ 10% off for eisk payment •5% off for eredit payment J fl Fnni Just spend $500 and above700 words
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Advertisement358 1995-07-13 8 WHERE TO WINE, DINE AND ENTERTAIN Cafe Piaza Japanese Food Promotion i-3i luly At our Japanese buffet lunch and dinner, you can help yourself to the wide range of dishes. Knjoy (-ha Soba, Tempura, C".hawan Mushi, Sushi and many more. Adult: $19.00 Child: $12.00 menu change* regular* subject lo arrvicr358 words
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Advertisement299 1995-07-13 8 Thf Day You Dinf At Tripi f 3. Be Prepared To Have A Very Light Breakfast. Skip breakfast altogether for a sumptuous buffet at Triple 3, an irresistible spread featuring some 60 hot and cold dishes, plus templing desserts. Call us now to make your reservations at 831 6271/2. |E299 words
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LIFESTYLE
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Article, Illustration1010 1995-07-13 9 Elaine Louie - Fitness guru Kenneth Cooper tells Elaine Louie his formula for healthy living Elaine Louie NYT TO EAT lunch with Kenneth H Cooper, whose 1968 book. Aerobics, helped start the fitness movement, is intellectually provocative but hardly sensuous. Cooper, who has written 10 books, more than 10 millionNYT - 1,010 words
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Article, Illustration512 1995-07-13 9 AP WITH GIRLFRIEND Elizabeth Hurley on his arm, Hugh Grant attended the premiere of his latest film. Nine Months. hours after pleading no contest on Tuesday to a lewd conduct charge. Grant and Hurley smiled but said nothing as they walked up a red carpetAP; Reuter - 512 words
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Article, Illustration251 1995-07-13 9 CHATTERBOX AFP AP AP A SCIENTIST may have solved an Alfred Hitcheoek mystery why did the birds from his celebrated film of the same name descend on a small fishing village, terrorising its inhabitants. University of California biologist David Garrison suggested the birds whose frenzied attackAFP; AP - 251 words
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Page 9 Advertisements
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Advertisement159 1995-07-13 9 BUTlfliiiFLY I BAR a C A F E I CONTINENTAL CAFE, ffISTAURANT AND BAR I SET BUSINESS LUNCH AND DINNER I FROM $15.50++ I HAPPY HOURS 3PM TO BPM I Home-made daily soup Seared Salmon on a bed of Garden Vegetable H Tropical fresh fruit with mango ice-cream Salmon Nicoise159 words
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Page 9 Miscellaneous
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Miscellaneous1215 1995-07-13 9 I TV RADIO 1988 satire is created by Chris- Herbie Hancock is in the list of guest stars paving VSZ3.ntlsZJfw Tribu",oTomJobim.n vm .C\Ml ChanfW> Channel 8 ll!lO CHxaTanrt Malam. 11.00 AM SHI-a-Vision. 12.00 AM Close. 1.00 PM TV Innovations. 6.00 AM Rocky Racket 3.00 Volcano Scapes. 6.30 What's Hot TV1,215 words
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Article532 1995-07-13 10 UST releasing me tomorrow is not going to do any good if the attitude I of Store (the State Law and Order a I Restoration Council) docs not change. What is more important is what they arc doing to the country. And national reconciliation doesn't just532 words
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Article289 1995-07-13 10 THE RELEASE of Aung San Suu Kyi marks another step towards political normalcy in Myanmar, and indicates the success of Asean's policy of constructive engagement with it. What made the decision by the State Law and Order Restoration Council (Slorc) even more appealing is that289 words
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Article96 1995-07-13 10 EMPLOYERS must be relieved with the government decision to exempt them from making CPF contributions to their foreign workers from Aug I. They also need not pay such contributions to existing foreign workers when the workers renew their passes or permits. Contribution will only to be paid96 words
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Article135 1995-07-13 10 THE FREEDOM regained by Aung San Suu Kyi represents not only the victory of her own political convictions, it is also proof of Myanmar's move towards stable development. One reason why the Myanmar military finally changed its mind and set Ms Suu Kyi free is135 words
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Article87 1995-07-13 10 WITH its rich natural resources and ample cheap labour, Myanmar is a hot target for foreign investors. The drawback has been the fiercely anti-democratic stance of the State Law and Order Restoration Council, the ruling military junta. This week's release of Aung San Suu Kyi87 words
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Article85 1995-07-13 10 THE MUSICAL Man of La Mancha, based on Miguel de Cervantes' Don Quixote, is a masterpiece many are familiar with. Near the end of the play, a knight enters carrying a mirror shield. Upon seeing his reflection in the mirror, Don Quixote awakens from insanity. In the85 words
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Article82 1995-07-13 10 PUTTING up "Wanted" posters of political opponents is an exercise in poor taste. But the latest effort in this dismal genre, from Rep Bill Paxon and the Republican Congressional campaign committee, goes beyond tasteless to reprehensible. The 28 "wanted" for removal from politics include 10 blacks, one82 words
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Article, Illustration953 1995-07-13 10 Louise Lucas - Property, shares and retail sales are all way off their peaks, writes Louise Lucas Louise Lucas FT Hongkong is a shadow of its former self these days. You can get a taxi without a struggle, even during the rush hour, and shops once the colony'sFT; Source: Datastream, Jones Lang Wooton - 953 words
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Page 10 Advertisements
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Advertisement38 1995-07-13 10 Everything CJustGo! Willi I The Browning Golf Closing #03-3 18, Plaza Singapura Orchard Road, Singapore 0923 Mon Fri, 11am ISfc* Sat Sun, llam 6pm *K #02-01, Tan Boon Liat Building Outram Road, Singapore 0316 Mon 10am 2j Browning-38 words
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Page 10 Miscellaneous
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Miscellaneous70 1995-07-13 10 GOODNESS 10E\ firs FOR You. J -W- J"Zc' THftT WEREN'T BOTHERED VI OK TQV -U N (NCE. UJMCH, THP\T.. J -ft-lfsT CJUfcSfcD sZ OMIO«WO IWWWILTO. WMW 9A TO DOONESBURY GARRY TRUDEAU OKAY. MNTMETO I MSMPONB MATCH VSJVPNTHGTOtON POfitMHIN6WIS I WUCK.FF&&A THAT IN FROM THE Lf s* Weß f H£fSr I70 words
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THE LAW PAGE
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Article, Illustration839 1995-07-13 11 Selva Kumar - Selva Kumar delves into complaints against lawyers in New South Wales Selva Kumar HOW often have you called your lawyer time and again only to be told that he is with a client or at a conference or is in court? The absence of your839 words
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Article, Illustration666 1995-07-13 11 A law that requires state firms to draw up contracts in French could pose legal problems in the English-speaking international capital markets Reuter A LAW aimed at saving the French language from being swamped by English has sown confusionReuter - 666 words
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Page 11 Advertisements
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Advertisement187 1995-07-13 11 UNION BANCAIRE PRIVEE GENEVE We are pleased to announce the opening of our Representative Office in Singapore. The Bank, with its headquarters based in Geneva, is one of Switzerland's largest privately owned banks specialised in asset management worldwide. At the end of 1994, the Group's equity exceeded CHF 1 billion187 words
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Advertisement20 1995-07-13 11 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at*3o*cp»ts* iK. 1 r a minute.l*20 words
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Advertisement88 1995-07-13 11 LOUIS DREYFUS FINANCE ■AN O U I The French Interest Rate Bank Primary Dealer in French Government Securities Specialiste en Valeurs du Tresor SVT Money Market French and European Bond Markets Fund Management "The interest rate markets are our business and our passion" Our prices on Reuiers for French Government88 words
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572 1995-07-13 12 Reuter, Bloomberg Business News NEW YORK The US June Producer Price Index, set for release today, should show that wholesale prices are increasing only moderately, at least for now, economists said. In another indication that the economy is slowing down, major USReuter,; Bloomberg Business News - 572 words
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146 1995-07-13 12 Reuter EDINBURGH The world's first offshore bank offering round-the-clock service 365 ,days a year went live this week, the Royal Bank of Scotland said yesterday. The new Jersey-based telephone service in the Channel Islands offers clients full banking facilities, withReuter - 146 words
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246 1995-07-13 12 AFP BRUSSELS The European Commission has applied temporary dumping duties of 4.8 to 32.8 per cent on microwave ovens imported from China, Malaysia, South Korea and Thailand, EU officials said yesterday. The duties would be levied for four months and mightAFP - 246 words
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Article, Illustration35 1995-07-13 12 Reuter STRASBOURG French policemen trying to enter a cage in which a Greenpeace member has locked himself into to protest against the French government's decision to resume nuclear testing in the Pacific. ReuterReuter - 35 words
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346 1995-07-13 12 Reuter STRASBOURG, France The world urgently needs to thrash out a set of rules on business competition, the European Commission said yesterday as it adopted a report from a group of independent experts. The report, drawn up by three professors from Germany, FranceReuter - 346 words
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Article, Illustration901 1995-07-13 12 TYE KIM KHIAT; TYE KIM KHIAT - The Bottom Line TYE KIM KHIAT TYE KIM KHIAT The writer is BT's deputy foreign editor IT WAS a high-noon scenario by all accounts. But at the eleventh hour, Jakarta blinked and certain quarters in Australia lost no time in clinking their champagne901 words
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WORLD IN ABOX
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89 1995-07-13 12 Reuter BRUSSELS There are no major problems with the last-minute deal on cars and car parts struck between Japan and the United States in Geneva last month, US Under-secretary of State for Commerce Jeffrey Garten said yesterday. "I would not characterise any ofReuter - 89 words
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Article103 1995-07-13 12 Reuter WASHINGTON The government's antitrust investigation of four of the nation's biggest agricultural companies could provide critics with ammunition against farm subsidies as debate swirls in Congress over a new farm bill. Agricultural lobbyists and consultants said yesterday that critics of the farm programme will likely useReuter - 103 words
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Article56 1995-07-13 12 Reuter STRASBOURG European Union citizens and legal EU residents could travel throughout the bloc without passports from the end of 1996 under a plan proposed by the European Commission yesterday. Mario Monti, the commissioner responsible for the bloc's single market, said the move was needed toReuter - 56 words
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Article59 1995-07-13 12 AP STRASBOURG The European Union's assembly yesterday condemned France's plans to resume nuclear tests and protested against the French navy's attack last Sunday on the Greenpeace ship Rainbow Warrior. In a 331-74 vote, the European Parliament also urged France and other nuclear powers to sign a testAP - 59 words
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Article81 1995-07-13 12 Bloomberg Business News BELGRADE Yugoslavia will need between US$l.5 billion and US$2 billion each year in foreign investment for the next three years to rebuild its war-dam-aged economy. Central bank governor Dragoslav Avramovic yesterday said the bank was drawing up plans to simplify foreign investment for the dayBloomberg Business News - 81 words
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Article76 1995-07-13 12 Bloomberg Business News CHICAGO First Chicago Corp and NBD Bancorp Inc yesterday agreed to merge in a transaction that will create one of the nation's 10 largest banks, with US$l2O billion (Ssl6B billion) of assets. The merger will create a powerhouse in banking with marketBloomberg Business News - 76 words
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Article68 1995-07-13 12 Bloomberg Business News MILAN Italy's Antitrust Authority and the Bank of" Italy are investigating whether foreign investment banks are being kept out of the Italian market. The authority yesterday said the local market was characterised by an "extremely limited" number of companies. References in the statement toBloomberg Business News - 68 words
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Article, Illustration86 1995-07-13 12 Reuter LONDON In a potentially far-reach-ing policy pledge, opposition Labour Party leader Tony Blair (right) yesterday promised a radical overhaul of Britain's welfare state. "Welfare should not be about keeping people in dependency. It should be about creating independence. The original purpose of the welfare state was asReuter - 86 words
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Article74 1995-07-13 12 Reuter LONDON Coca-Cola is the world's most valuable brand name, according to Financial World magazine, making it the winner in the magazine's annual brand valuation ranking for the second consecutive year. Marlboro, the Philip Morris cigarette brand held the No 2 spot for the second consecutive year.Reuter - 74 words
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Article93 1995-07-13 12 AFP TOKYO Japan's main opposition party plans to submit a parliamentary bill to move the capital from Tokyo to another as-yet unnamed city. Former premier and Shinshinto (New Frontier Party) leader Toshiki Kaifu yesterday said changing the capital would encourage decentralisation of political, administrative and judicialAFP - 93 words
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193 1995-07-13 12 AP BELGRADE The Serb capture of Srebrenica, 75 km north-east of Sarajevo, could drive the United Nations out of Bosnia in frustration, encouraging the world to lift its arms embargo and let the two sides fight it out. After 39 months ofAP - 193 words
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206 1995-07-13 12 Reuter, UPI MOSCOW President Boris Yeltsin, who is recovering from a heart problem in hospital, is in full control of Russia's nuclear arsenal, his spokesman Sergei Medvedev said yesterday. "The nuclear button is with him in the Central Clinic-Hos-pital," Mr Medvedev saidReuter,; UPI - 206 words
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Page 12 Advertisements
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Advertisement14 1995-07-13 12 For stories, quizzes songs, call Children's Funland on 1900-910-0001 at 30 cents a minute.14 words
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Advertisement19 1995-07-13 12 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute.19 words
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COMPANIES & MARKETS
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EYE on your STOCKS
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Article, Illustration52 1995-07-13 13 Mixed '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, Credit Lyonnais Securities, Daiwa, Fraser, G K Goh, Kay Hian, Morgan Grenfell, Ong Co, Nomura, Phillip, Smith New Court, WI Carr and S52 words
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Article, Illustration102 1995-07-13 13 Quak Hiang Whai - By Quak Hiang Whai BEARISH divergences are appearing on Bandar Raya's daily and weekly RSIs and stochastics. This suggests some caution is called for if one plans to buy in large volumes. Daily and weekly MACDs have not shown any clear signals of a turnaround. The stock will102 words
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620 1995-07-13 13 Conrad Raj - By Conrad Raj SINGAPORE Cellular phone operator Total Access Communication (TAC), the First Thai and the first for-eign-owned company to seek a primary listing on the main board of the Stock Exchange of Singapore, will launch its initial public offering in620 words
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Article, Illustration374 1995-07-13 13 Michelle Low - By Michelle Low SINGAPORE Metro Holdings and Ngee Ann City plan to convert 13,800 square metres of carpark space in the Ngee Ann City complex to commercial use to take advantage of a revision in the Urban Redevelopment Authority's planning guidelines.374 words
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Article, Illustration178 1995-07-13 13 SINGAPORE Singapore Telecom yesterday announced the resignation of one of its senior executives. Sung Sio Malt. Mr Sung, who is executive vice-president for international investments and chairman and chief executive of Singapore Telecom International, will leave on Aug I after 29 years of service. His178 words
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Article, Illustration729 1995-07-13 13 Quak Hiang Whai - HOCK LOCK SIEW By Quak Hiang Whai SINGAPORE When analysts branded Van Der Horst Ltd a power play, they were probably not just referring to its ability to take on infrastructure projects. Van Der Horst has powerful shareholders to turn on theSource: Bridge Info - 729 words
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268 1995-07-13 13 Claire Leow - By Claire Leow SINGAPORE Aztech Systems is facing a US$6.O3 million (558.44 million) suit but said yesterday it would countersue US-based Silicon Systems Inc (SSI) for even more damages. SSI filed a writ of summons in the High Court here last Wednesday over268 words
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COMPANIES
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COMPANY BRIEFS
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82 1995-07-13 14 SINGAPORE Tong Meng Industries has raked in an extraordinary profit of 551.06 million from the sale ot 400,000 Publie Bank shares on July 5. The 50-sen shares were sold at M 55.4437 (553.114) each. They were bought by the mainboard listed company at82 words
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53 1995-07-13 14 SINGAPORE Tuan Sing Holdings' subsidiary Statsym Sdn Bhd has increased its authorised capital and paid-up capital to Mss million (552.87 million) and M 52.5 million respectively, up from MS 100,000 previously. The higher paid-up capital follows a bonus issue of 2.4 million shares of53 words
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70 1995-07-13 14 SINGAPORE Bonvests Holdings has acquired full control of its subsidiary Henrick International Hotels Resorts Pte Ltd (HIH) by topping up its previous 90 per cent stake. The additional 10 per cent stake comprising 71,036 shares was bought trom William Hau Wai Lam for a70 words
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Article67 1995-07-13 14 SINGAPORE Causeway Investment yesterday said its subsidiary Bacou Intersafe Far East Pte Ltd had been selling its products on a commission basis since August 1994. Bacou is a joint venture company set up by United Safety Group BV (USG) and Causeway's subsidiary Uniweld Holdings Pte Ltd.67 words
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52 1995-07-13 14 SINGAPORE Informatics Holdings has clarified that its proposed one-for-one bonus issue will rank pari passu with existing ordinary shares except that the bonus shares will not be entitled to the proposed final dividend of 0.25 cents per ordinary share, declared for financial year ended March52 words
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Article54 1995-07-13 14 SINGAPORE OCBC Land Pte Ltd, part of the Overseas-Chi-nese Banking Corporation group, has incorporated a new subsidiary Kismis Properties Pte Ltd to handle and complete the development of Land Parcel D at Kismis Avenue. The land was obtained in a successful bid at a government54 words
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Article525 1995-07-13 14 Manager*' prices Jul 13 sh Greater China Fd 0.965 1 005(8 Mendaki Gr Fund 1.05 1.08(8 Singapore Unit Trust us Gr Fund 1.08 112** IS i£ UOB Asset Mgt Ltd S'pore Prog Fund 0.63 0.67 Unifund 1.47 l.~4 Spore Sec f und 0.99 1.05 Unibond 104 07 S pore Invest525 words
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Article, Illustration223 1995-07-13 14 SINGAPORE Sesdaq-listed ABR Holdings, which runs the Swensen restaurant chain, has identified Low Beng Bak as the shareholder who intends to sell his stake in the company. However, it did not identify the purchasing party. According to ABR's 1994 annual report, MrSource: Bridge Info - 223 words
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387 1995-07-13 14 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Barclay de Zoete Wedd Warrants Ltd (BZW), a subsidiary of Barclays de Zoete Wedd Ltd, plans to issue 100 million warrants on the foreign shares of Overseas Union Bank (OUB). This would be the second covered387 words
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Article, Illustration303 1995-07-13 14 William Chia - By William Chia SINGAPORE College Retirement Equities Fund (CREF), a US investment fund, has almost halved its stake in Sesdaq-listed electronics company Goldtron Ltd to 14.7 million shares or 4.43 per cent. CREF announced on Monday that it had sold aSource: Bridge Info - 303 words
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Article, Illustration197 1995-07-13 14 SINGAPORE Guthrie GTS yesterday said it did not know why the trading volume of its shares shot up earlier this week. The company was responding to a query from the Stock Exchange of Singapore. Some 9.6 million Guthrie shares changed hands on Monday beforeSource: Bridge Info - 197 words
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368 1995-07-13 14 SINGAPORE Keppel Corp has become a substantial shareholder of Tat Lee Bank, with an increase in its stake to just over 5 per cent of the capital of the bank. In a disclosure yesterday, Keppel said it acquired 50,000 shares in368 words
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Article, Illustration489 1995-07-13 14 Genevieve Cua - By Genevieve Cua SINGAPORE Quality programming will be the key to getting subscribers to tune into Singapore Telecom's video-on-demand (VOD) services, instead of cable television, said a Singapore Telecom executive. In the latest issue of Telecom's magazine Keylines, the group's project489 words
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139 1995-07-13 14 Bernama KUALA LUMPUR Southern Steel Bhd said the share transaction for the proposed merger of its wire mesh business with Hong Leong Industries Bhd's wholly-owned subsidiary Brisk Steel Product Sdn Bhd (BSP) would now be revised through the issuance of 924,658 newBernama - 139 words
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302 1995-07-13 14 SINGAPORE China Merchants Shekou Port Service (CMSP) made its debut yesterday on the main board of the Stock Exchange of Singapore opening at HKS4.3O (77 Singapore cents) but closing at HK53.875 or about 2 per cent above its offer price.302 words
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404 1995-07-13 14 Reuter KUALA LUMPUR Malaysia's once staid Metroplex Bhd is gambling that the property company can hit the jackpot with a newly-acquired casino in Manila's Subic Bay. The property, hotel and quarrying firm is viewed as a wallflower stock, whose steady but unexciting earningsReuter - 404 words
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285 1995-07-13 15 Reuter SYDNEY Goodman Fielder Ltd and Defiance Mills Ltd said they have withdrawn their rationalisation plan for their respective baking and milling operations in Queensland and Western Australia. They said the change in industry conditions has prompted the companies to withdraw their plans toReuter - 285 words
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306 1995-07-13 15 Reduced costs, robust sales, higher margins lead to improved results Bloomberg Business News SCHAUMBURG, Illinois Motorola Inc posted secondquarter earnings that were better than expected because of reduced costs, as well as robust sales of its cellular phones and telecommunication products. Net income roseBloomberg Business News - 306 words
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COMPANY BRIEFS
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42 1995-07-13 15 AFP HONGKONG Consolidated Electric Power Asia Ltd will wait for notification from the Philippines on whether bidding for the Malampaya power project is to be re-opened before submitting a new bid, executive chairman Gordon Wu said here yesterday.AFP - 42 words
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88 1995-07-13 15 Bloomberg Business News BOMBAY Enron Oil and Gas Inc, whose parent company is involved in a major contract dispute with the Maharashtra government, has taken out US$2OO million (Ss2Bo million) in political risk insurance for an offshore oil venture, says the Economic Times. TheBloomberg Business News - 88 words
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Article, Illustration38 1995-07-13 15 Business Wire NEW YORK Lowell Bud Paxson, chairman of Paxson Communications Corporation, ringing the opening bell at the American Stock Exchange on Monday when Paxson Communications began trading its shares on Amex. Business WireBusiness Wire - 38 words
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74 1995-07-13 15 Reuter HONGKONG Regal Hotels Group said it has agreed to form a company with China's Ministry of Internal Trade to provide hotel management, training and consultancy services in China. The joint venture. Regal Hualian Hotel Management Co, will belong 60 per cent to Regal'sReuter - 74 words
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57 1995-07-13 15 AFP SEOUL South Korea's Daewoo Corp has signed a contraet to export 150 buses worth US$l5 million to Taiwan, a first for a Korean firm. "The contract is very meaningful to Daewoo since it has overcome the Taiwan government's stifT regulations on busAFP - 57 words
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143 1995-07-13 15 Neil Behrmann - From Neil Behrmann in LONDON SEVERAL international investment banks are in discussions with Smith New Court on a possible takeover of the London-based securities firm. In a terse announcement yesterday, Smith's board said that it was in talks with a "small number143 words
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281 1995-07-13 15 Reuter SINGAPORE Oracle Corp is targeting its Asia-Pacific sales of applications software to rise by 60 per cent annually in the next three years, hitting US$lOO million (Ssl4o million) by 1998, senior company executives said yesterday. "We are looking at 60 perReuter - 281 words
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210 1995-07-13 15 Bloomberg Business News LONDON Associated British Foods pic, the UK food processor and retailer, has purchased Kraft Foods' edible oils business for an undisclosed amount. Associated said the Memphis, Tennessee-based oil unit has a 13 per cent share of the American marketBloomberg Business News - 210 words
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440 1995-07-13 15 Strong demand for all its paper and packaging products Bloomberg Business News PURCHASE, New York International Paper Co said sec-ond-quarter earnings more than trebled on strong demand for all of its paper and packaging products, and announced a two-for-one stock split. The world's largestBloomberg Business News - 440 words
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Article, Illustration61 1995-07-13 15 Reuter STAVANGER, Norway The Brent Spar oil storage vessel being towed into the Norwegian Erfjord on Tuesday. This followed Shell Oil's decision to cancel plans to sink the vessel in the Atlantic. The Norwegian government has provided the fjord as a temporary storage site while alternativeReuter - 61 words
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312 1995-07-13 15 AFP SYDNEY Shareholders in Australian retailer David Jones yesterday voted overwhelmingly in favour of a trade sale or float of the department store chain. At the meeting, 117 shareholders supported the resolution to proceed with a trade sale orAFP - 312 words
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365 1995-07-13 15 AFP, Bloomberg Business News BOMBAY Indian firms which are floating share issues should be bound by tougher disclosure norms, a panel appointed by the stock markets regulator has suggested. "Investor protection is fundamental to healthy growth of the capital market," saidAFP,; Bloomberg Business News - 365 words
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FINANCE & COMMODITIES
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566 1995-07-13 16 SCMP HONGKONG Malaysia and Hongkong equity funds outperformed other Asian sectors in the first half of this year with a return of more than nine per cent, according to the Hongkong Investment Funds Association. On a one-year and threeyear basis, the Thai andSCMP - 566 words
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376 1995-07-13 16 Reuter HONGKONG HSBC Holdings pic's Hongkong and Shanghai Banking Corp intends to establish representative offices in the Chinese cities recently opened up for the establishment of foreign bank branches. "I believe many places do offer long-term development potential," said Eddie Wang, Hongkongßank'sReuter - 376 words
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307 1995-07-13 16 Bloomberg Business News WELLINGTON Westpac Banking Corp tested the central bank's resolve to keep interest rates high by becoming the first New Zealand bank in more than a year to cut home mortgage rates. That marks the first decline inBloomberg Business News - 307 words
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SMALL CHANGE
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94 1995-07-13 16 AFP TAIPEI Two of Taiwan's leading state-run banks chalked up record pre-tax profits in the year to June, banking officials said yesterday. First Commercial Bank Ltd posted a 4.7 per cent rise in pre-tax on the previous year to US$6.B3 billion (559.6 billion), officialsAFP - 94 words
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Article65 1995-07-13 16 Bloomberg Business News HONGKONG The American International Group Inc, an insurance company, plans to start a US$2.2 billion fund for making investments in Asian infrastructure projects. According to the South China Morning Post, AIG decided to create the new fund because investor demand wasBloomberg Business News - 65 words
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84 1995-07-13 16 Reuter BONN Deutsche Postbank AG, the banking arm of the German postal ministry, on Tuesday reported a 51 million mark (5550.8 million) profit for 1994 after a 16 million mark loss in 1993. Postbank, which was reorganised as a limited stock company at theReuter - 84 words
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47 1995-07-13 16 Bloomberg Business News PARIS Societe Generale's long-term debt was placed on credit watch with a view to a downgrade, while the rating for another French bank, Banque Nationale de Paris, was cut by debt rating company Standard Poors. Bloomberg Business NewsBloomberg Business News - 47 words
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Article, Illustration213 1995-07-13 16 NYT NEW YORK Peter Sutherland, the former director-gener-al of the World Trade Organisation, will join the Wall Street firm as a general partner and chairman of Goldman Sachs International, Goldman Sachs LP said on Tuesday. Mr Sutherland, 49, is also a former attorney-general of IrelandNYT - 213 words
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217 1995-07-13 16 Reuter CANBERRA Criticism of the political opposition by Australia's Reserve Bank (RBA) governor Bernie Eraser has damaged efforts to convince overseas investors the central bank is independent, economists said yesterday. In a speech on Tuesday, Mr Eraser described as a "hollow sounding throw-away" an oppositionReuter - 217 words
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354 1995-07-13 16 Central bank seeks views on proposal to create new category of time deposits South China Morning Post HONGKONG Banks are being sounded out about deregulating interest rates on time deposits of more than 72 hours as a way to resuming the postponed timetableSouth China Morning Post - 354 words
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Article, Illustration1616 1995-07-13 16 Iladt- we/tthu-d indtx cakuUited attain SjMrrt htf 14 trading partmr\ Ha imt /M 5 US$/S$ forward rates Noon /Jul 12 s$ Bid Offer 1-month 1.3970 1 3985 2-month 1 3947 I 3962 3-month 1 3919 1 3934 6-month I 3837 1.3857 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am1,616 words
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Article310 1995-07-13 16 tCNOaS* REPORT Reuter LONDON Oil extended its gains, continuing its slow recovery from Monday's 1995 low, but brokers believe prices may come under pressure later in the week. Two sets of key weekly statistics on US primary oil stocks made only the faintest impact on theReuter - 310 words
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Article206 1995-07-13 16 Reuter LONDON The dollar clung to some of its overnight gains in European morning trade, but was expectcd to trade in a narrow range supported by a firm undertone. The Bundesbank Council meeting today and US inflation data today and tomorrow are keeping some on the sidelines andReuter - 206 words
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Article93 1995-07-13 16 AFP NEW YORK The dollar was stable against other major curreneies yesterday in light trading on the eve of the last meeting of the German Bundesbank's central council ahead of the summer break. At around 1415 GMT, the dollar was trading at 1.4030 marks compared to 1.4074 onAFP - 93 words
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COMMODITIES & FUTURES
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1393 1995-07-13 17 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended little changed after moving within narrow ranges. Dealers said that the Euroyen was stuck in tight ranges and looking to stocks and foreign exchange for direction in the near term. It was sold in theReuter - 1,393 words
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660 1995-07-13 17 COMMODITY REPORTS Gold TOKYO: Gold futures closcd higher due to the dollar's rise against the yen combined with firm prices overnight in New York. Traders said activity remained subdued, with a lack of decisive direction other than that from the currency market. Gold660 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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131 1995-07-13 17 SINGAPORE With its huge import needs. China is set to remain the sugar market's juggernaut in 1996, playing a big part in dictating trade flows and prices, traders said. Market sentiment about 1996 has been buoyed by recent huge floods. Some concerns131 words
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Article43 1995-07-13 17 TOKYO Japan's Mitsui Mining and Smelting Co said it raised its domestic sales price of refined zinc effective yesterday by 6,000 yen (Ss96) per tonne to 130,000 yen. Mitsui is the recognised price leader for Japan's domestic zinc market.43 words
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65 1995-07-13 17 TOKYO Major non-ferrous metals player Mitsubishi Materials Corp is moving towards closing its zinc smelter in Akita city by the end of fiscal 1995-96 (Apr-Mar), according to a Japanese press report. Company officials will be holding meetings within the next few days to explain65 words
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99 1995-07-13 17 NEW YORK The London Metal Exchange copper warehouses in the US saw their first delivery of material yesterday when 300 tonnes arrived at its California location. While some of the US LME warehouses had officially been listed for the storage of copper since April99 words
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Article1537 1995-07-13 17 SICOM Futures Jul 12 Rubber Physical Prices (futures closing as at 5.30pm) i^Duyer> sciivfa RSS1 Contract (S cents/kg) As at 12 noon (S cents/kg) Close Volume Open Month High Low Sell (tonnes! Interest RSS 2 Aug 95 196.50 I 97.50N Aug 95 ***** I9V00 197 00 200 16501,537 words
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REGIONAL STOCK MARKETS
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Article1015 1995-07-13 18 +3.6 SHARES closed higher yesterday despite weak offshore bourses as investors snapped up News Corp shares and leading resource stocks. "It was again a fairly good show given the back-drop of overseas markets where we saw the Dow Jones particularly down a bit," said a dealer. The All Ordinaries1,015 words
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Article595 1995-07-13 18 +4.2 Share prices rose as money spilled over from the intense interest in newly-listed Pilipino Telephone (Piltel). "There is a darling stock right now, making up 37 per cent of the market, and that is Piltel," a trader said. The PSE Composite Index rose 4.2 points to 2,914.4. Turnover595 words
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Article569 1995-07-13 18 +29.82 Share prices finished 0.5 per cent higher on active trading, with constructions registering the largest jump. "Construction shares were boosted by the government move to ease investment limits on real estate by local commercial banks," said a dealer. The 321-issue Weighted Price Index gained 29.82 points to 5,624.69.569 words
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Article328 1995-07-13 18 -9.49 Stocks fell as the central bank moved to halt any further decline in interest rates and forestry stocks declined on expectations world pulp and paper prices have peaked. The NZ.SE-40 Capital Index dropped 9.49 points to 2,141.83, after rising 7 per cent in the prior eight days328 words
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Article465 1995-07-13 18 +2.23 Share prices bounced back to close higher, buoyed by favourable market fundamentals and abundant liquidity. The Composite Price Index posted a 2.23-point gain to 962.22. Turnover was 48.43 million shares valued at 831.83 billion won. Falls beat rises by 537 to 275, with 111 counters ending unchanged. By465 words
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Article159 1995-07-13 18 +30.05 Stocks rose for a fourth day, taking the benchmark index to its highest close of the month, amid optimism that foreign investors might return to the market soon. Hopes for the reintroduction of forward trading and the creation of a central share depositary, together with the US interest159 words
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WORLD STOCK MARKETS
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Article867 1995-07-13 18 Britannia Funds Merlin* Cash Bid Offer Mim Cap Deposit J* MOO 1* 6500 Mim Jersey (jdl 0.189] 0.1992 Mint Mu Income *0 9200 *0 9600 I SS Cash Income Plus Fund 10 MOO II MOO PS Reserve Fund J 5200 S 5300 Sterling Kquity Euro Performance 0.4592 0 4938 Far867 words
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Article709 1995-07-13 18 -13.4 UK STOCKS dropped from Tuesday's 17-month high as insurance stocks reacted to growing price competition and gains in food retailers evaporated. A decline in US stocks on Tuesday sparked concern that slowing growth in the world's biggest economy will dent company earnings prospects on both sides of the709 words
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Article150 1995-07-13 18 +0.34 French shares ended a fairly active day slightly higher, pulled by share futures and improved bond markets, after spending much of the day in the red. Most investors are taking to the sidelines ahead of the Bundesbank council meeting today. Some US data, due today and tomorrow, are150 words
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Article204 1995-07-13 18 +6.17 German stocks rose as higher hopes for exporter earnings offset a slump in Financials. Car-maker DaimlerBenz and airline Lufthansa, buoyed by the dollar's recent gains, led the advance, pulling the DAX Index up 6.17 points to 2,200.32. "A dollar over 1.40 marks is really cheering." said a trader.204 words
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Article230 1995-07-13 18 +0.59 Belgian stocks closed little changed, as the dollar preserved its recent strength, offsetting suspicions that the Bundesbank is not going to cut rates this week. Hopes for a rate cut were not encouraged after the Bundesbank yesterday left its securities repurchase rate, a key wholesale money rate, unchanged230 words
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Article153 1995-07-13 18 +40 Italian stocks closed higher for the fifth consecutive day, led by telecommunications shares, amid optimism that a pension reform package will pass a vote of confidence in Parliament today. "The markets have already discounted the prospect that the reforms will pass and weren't affected by the confidence vote,"153 words
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Article256 1995-07-13 18 +2.45 Dutch shares closed the session with the AEX Index up 2.45 points to a record 456.44. spurred on by US investors piling into Philips stocks. "There are no fundamental reasons for the current bull run," an analyst said. Aggressive US buying of Philips had unleashed a bandwagon effect,256 words
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Article173 1995-07-13 18 +3.09 Swedish stocks were generally fiat, saved by Ericsson which picked up 2 per cent on second-quarter profit from US rival Motorola. Telecoms group Ericsson, gaining three crowns to 155.0, followed gains by Motorola and Finland's Nokia. "These three shares tend to follow each other," said a broker. The173 words
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Article361 1995-07-13 18 +21 Gold counters led shares higher as gold price gains sparked renewed interest following a dull morning session, dealers said. They said the rise in industrials followed declines on Tuesday, and reflected improved sentiment after recent lethargy. The Overall Index closed 26.5 points up to 5,434.8, the Industrial Index361 words
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Article226 1995-07-13 18 +9.70 Stocks climbed early, extending their recent move into record territory, with gold, and base metal stocks leading the charge. The TSE 300 Composite Index rose 9.70 points to 4,659.50 on volume of 11.40 million shares valued at CslBo million. Advancing issues outpaced declines 232 to 180, with 210226 words
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Article697 1995-07-13 18 1.73 Stock prices turned narrowly mixed in active trading as the market faced continued profit taking despite firmness in bonds. The Dow Jones Industrial Average, which dropped 21.79 points on Tuesday, was ahead 1.73 to 4,682.33 at 1 lam EDT. The NYSE Composite Index was unchanged at 297.17,697 words
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Article19 1995-07-13 18 Swiss shares closed at a new high for the year, helped by derivatives-related buying and soaring German futures19 words
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Article, Illustration2964 1995-07-13 19 Bloomberg Business News HONGKONG Stocks ended lower as investors looked for signs the Federal Reserve will cut interest rates again. Cheered by the lowering of rates in the US, they are carefully watching America's economy for signs of enough slowing to encourage another cut. "There is no debate aboutBloomberg Business News; Source: Bridge Info - 2,964 words
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Article, Illustration620 1995-07-13 19 CLSA IN Hongkong, the H share index gained 8.04 points to 1,200.96 on turnover of HK524.6 million. Qingling Motors, up 4.9 per cent, and Jilin Chemical, up 3.1 per cent, were the best performers while Guangzhou Shipyard fell 5.1 per cent. The Shanghai B Index fell 0.2 per centCLSA - 620 words
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Article, Illustration2502 1995-07-13 19 Bloomberg Business News TOKYO Stocks rose for a seventh trading session as gains in construction shares overcame domestic institutions' concern that the economy is souring. "Many local individual investors are rotating out of electronics into the construction sector," said a dealer. The Nikkei Average rose 17.55 points to 16,605.74.Bloomberg Business News; Source: Bridge Info - 2,502 words
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Article, Illustration1179 1995-07-13 19 Reuter JAKARTA Shares prices ended mixed in moderate trading, with players seen focusing on Dharmala Sakti Sejahtera, while the overall market tone remained sofl. brokers said. The Composite Index fell 0.28 of a point to close at 507.23. Brokers said Dharmala Sakti fell sharply on news reports that BankersReuter; Source: Bridge Info - 1,179 words
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Article2338 1995-07-13 20 Gf (if 1999 L*M Vol Da) Last Quote l)l> 1M* Md Nd M High Low (oapu) Sale ("000) High l-ow Buyrr Sclkr C"»f P'K *mil MALAYSIAN STOCKS 47a i m MSB 50c 398 unch 162 404 394 394 398 JO -2.9 0 2 408 2 127 775 m2,338 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration7067 1995-07-13 20 Bloomberg Business News KUALA LUMPUR Stocks rose as foreign funds bid up blue chip shares, while local investors gambled on smaller, acqui-sition-minded companies. Last Thursday, the Federal Reserve lowered a key interest rate, encouraging some foreign fund managers to transfer moneyBloomberg Business News; Source: Bridge Info - 7,067 words
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STOCK EXCHANGE OF SINGAPORE
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Article9156 1995-07-13 21 1 MAIN BOARD Cf b M »t Lasl Vol I>a> La«l Quote D»» Dl» YM Nd (up A«| High Lo» („mpa Sal* ("000) High Low Buser Stilt' Cn P'E $■>>! W" INDUSTRIAL AMD COMMERCIAL 498 3*2 mil VauM 486 +14 648 440 472 484 486 22 5 5 8 29,156 words
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Article, Illustration1919 1995-07-13 22 Paul Leo - By Paul Leo SINGAPORE The local stock market took a breather yesterday as investors got a feel of the profits in their pockets. "There's no hurry to get back into the market," said a dealer, adding that players are waiting forCharts by Bridge Info; Source: Bloomberg - 1,919 words
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Page 13 Advertisements
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Advertisement11 1995-07-13 13 Telecom's VOD to fight cable TV with quality programming, PR 1411 words
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Advertisement324 1995-07-13 13 NEWS VALUE Olivetti to dose Singapore factory and retrench 550 staff (pg I) No local factors involved in the decision. Property prices may fall at most 10%: consultants (pg I) Such moderate forecasts have the stock market on their side currently. Thai cellular phone operator to launch IPO in September324 words
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Page 14 Advertisements
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Advertisement103 1995-07-13 14 Biz Card Manager^ The easiest way to manage all your business contacts! B gß' i pmHMMI f Biz Card Manager scans and reads all your business cards and automatically creates a database of your business contacts. With Biz Card Manager, you can... Scan cards (any orientation) OCR and read card103 words
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Page 15 Advertisements
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Advertisement60 1995-07-13 15 FOR LEASE WISMfi SOQNOMfiL Modern building strategically located at No. 75, High Street, adjacent to Parliament House. Approximately 2,800 to 14,000 sq ft Ground floor/basement ideal for banking hall/shops TOP expected in August 1995 Individually controlled air-con Very attractive rental Excellent accessibility via major expressways and public transportation 5 minutes60 words
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Advertisement311 1995-07-13 15 CP* n X m Fine Wine Facts &/iateaity^(& The Boutique of Bordeaux In just ten years a cult following for the microscopic quantities of Le Pin has propelled this tiny vineyard to the height of Bordeaux's greats. The Thienpont family, owners of Vieux Chateau Cert an purchased the miniature Chateau311 words
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Page 16 Advertisements
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Advertisement49 1995-07-13 16 You may have been unable to get your Business. Times, Straits Times, Sunday Times, LianHe Zaobao arid other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, caN Customer Services Section on 1800-749-2577, and ask tor home or office delivery service.49 words
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Advertisement277 1995-07-13 17 INFliilirr I An SPH AudioTex Service ENGLISH NUMBER Children's Funland:AmmaiQuiz 910 0001 Usborne™ Puzzle Adventures 910 0002 The Plot Thickens Horse Racing Results 911 0001 4D/SWeep/TOtO: T oto Draw No 990; Win Pfzes l 911-0002*11 Tele-Games 911-0003 Crack The Safe Mrs Wizard's Crystal Ball 11 Mensa Line 911 0004 Puzzles277 words
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Advertisement20 1995-07-13 17 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.20 words
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Page 18 Advertisements
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Advertisement41 1995-07-13 18 Piaget. True values never change. M' x Piaget Boutique and Service Centre. S *01-01 Mandarin Shopping Arcade, j p. 77?t* Mandarin Singapore. "^^^lfSHg fw 333 Orchard Road, Singapore 0923 Pagettimil'?*WK!WmL~~ 1m jw*****31 measured only in Rectangular p :jm mechanical JWBtfW <7fl^41 words
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Page 19 Advertisements
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Advertisement148 1995-07-13 19 ADVERTISEMENT I Over 30 years of experience has led /ff\ Svenson to the Single Hair System 1 jg| Br Svenson has helped thousands of people counteract hair and scalp problems with their m- ~m unique formulations based on research from leading institutions the world over. With years Wg/FWjgWW of technological148 words
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Advertisement61 1995-07-13 20 SINGAPORE THE HOUR GLASS Takashimaya Shopping Centre Tel *****20 Lucky Plaza Tel. *****62 Scotts Tel *****27 Centrepotnt Tel *****98 Peninsula Plaza Tel *****09 Raffles Hotel Tel *****41* World Trade Centre Tel *****51 Changi Airport Terminal 1 (West Wing) Tel *****60. Terminal 2 (South Wing) /JJ Tel *****81 MALAYSIA THE HOUR61 words
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Page 21 Advertisements
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Page 22 Advertisements
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Advertisement135 1995-07-13 22 TOLL—FRER TRL. No. 1-800-74,1-1683 WAX.74I-1298 NOTICE IS HEREBY GIVEN that, I, TAY HOR PENG of 89-A, Joo Chiat Place, Singapore 1542, have applied for a Beer House, First Class Licence in respect of M/s Hor Peng Eating Hous* located at 51, Rowell Road Singapore 0820, and that this application will135 words
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Advertisement312 1995-07-13 22 IN THE MATTER Of THE COMPANIES ACT, CHAPTER 50 ANO IN THE MATTER OF OEKA-MATRA COMMUNICATION (FAR EAST) PTE LTD (IN LIQUIDATION) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which Is being voluntarily wound up, are required on or before 13 AUGUST 1995. to send in312 words
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Advertisement532 1995-07-13 22 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, KIMWELL ENTERPRISE PTE LTD of 20/22 Holland Grove Road, Singapore 1027, hereby give notice that in consequence of the purchase of ihc vessel "IMAYOSHI", we have applied to the Registrar of Singapore Ships under Section 386 of the Merchant Shipping Act532 words
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Advertisement656 1995-07-13 22 Singapore Closing Share Price* 12/07/1999 CLOU MOT LOW MOM W W IM UN Mil// MbM mhHH 7.SO 7.29 7.40 7J0 F 6553*1 >MlntMrito«k 3.30 3.38 32* 3.34 LwJ Mry F«rm 0.8® 0.880 0.8S 0.918 SSfi Hongkong Lam4 1.01 1.83 1J0 1.84 E11L1LUJ Mwrtiriii OriwM 1.08 1.00 14)7 1.08 Mm 8fc—«»C656 words
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Shipping Times
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Article540 1995-07-13 23 Reuter KnightRidder SHIPOWNERS appeared to have won the current battle in rates on the key US Gulf-Japan grain run with charterers conceding firmer rates, brokers said. PANAMAXES: One or two charterers last week were seeking to push rates below US$32 without combination ports for 52,000long ton heavy grain,soybeanReuter; Knight- Ridder - 540 words
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343 1995-07-13 23 Bloomberg Business News, Reuter SYDNEY Insurers for resources concern Broken Hill Propriety Co (BHP) could face a As3o-million (5530.3 million) bill after one of the company's bulk carriers ran aground off Tasmania, spilling fuel oil, The Australian Financial Review reportedBloomberg Business News,; Reuter - 343 words
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104 1995-07-13 23 AFP TOKYO A small Japanese freighter sank after colliding with a Singaporean-registered tanker off the southern tip of Japan's main island of Honshu yesterday, the Maritime Safety Agency said. The 159-tonne Hamako Mara sank two hours after it collided with the 4,565-tonne tanker Neptra ProgressAFP - 104 words
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Article317 1995-07-13 23 SES '000 Jul 12 S$ Vol C'WT Distribution 1.65 +0.02 86 Chuan Hup Holdings 1.22 +0.01 52 Cosco Investment 1.72 -0.01 71 Cosco Investment A 1.74 Far East Levingston 7.05 +0.10 1542 GB Holdings 0.78 -0.03 25 Hai Sun H up Group 0.915 0.005 503 Hitachi Zoscn 0.97317 words
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Article, Illustration431 1995-07-13 23 Thomas Wee - By Thomas Wee SINGAPORE Freight-for-warding group Freight Links Express Holdings (FLEH), granted in-principle approval for a Sesdaq listing, has embarked on an expansion programme to treble its warehousing space and boost pallet location capacity 10 times. The group currently offers total warehouse431 words
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230 1995-07-13 23 Alec Almazan - Kuehne Nagel gets ISO 9001 certification By Alec Almazan SINGAPORE Swiss freight forwarding multinational Kuehne Nagel was recently awarded ISO 9001 certification for all its companies and business sectors worldwide. "This is a first in the industry as we are the only freight forwarding organisation to achieve ISO 9001 on230 words
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357 1995-07-13 23 Knight-Ridder LONDON Operations in the port of Durban, South Africa, are being severely affected by the industrial action resulting from the deadlock in the 1995 wage negotiations between port authority and union officials, according to Lloyd's Intelligence. The negotiations are betweenKnight-Ridder - 357 words
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301 1995-07-13 23 Bernama PORT KLANG Malaysian International Shipping Corporation Bhd (MISC) has upgraded its Straits of Malacca service from the previous schedule of two sailings a week to five sailings a week since July 9. The Port Klang-Singapore-Port Klang container feeder service is operated withBernama - 301 words
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190 1995-07-13 23 SINGAPORE Straits Shipping, a wholly-owned subsidiary of listed Steamers Maritime Holdings, will launch a Singapore-Haiphong service on Tuesday. The company will deploy the Caraka J ay a Niaga 111-22 on this regular container feeder service. A second ship will be introduced later. Straits190 words
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192 1995-07-13 23 AFP ABU DHABI The biggest drydocks in the Middle East recorded a sharp increase in business in the first quarter of 1995 after a surge in net profits last year, according to an official report. The Bahrain-based Arab Shipbuilding and Repair Yard (Asry)AFP - 192 words
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105 1995-07-13 23 Reuter JAKARTA Indonesia's state-owned port operator, PT Pelabuhan Indonesia 11, which controls Jakarta's Tanjung Priok port, plans to float its shares on the Jakarta stock market next year, the official Antara news agency said yesrterday. President-director A Harbani was quoted as saying thatReuter - 105 words
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416 1995-07-13 23 Reuter LONDON Treasure hunters can't believe their good luck. A retired British navy officer and his wife are publishing an index to the thousands of shipwrecks from remote antiquity to the present day around the coasts of Britain, the world's biggest maritime graveyard. Their ShipwreckReuter - 416 words
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Article, Illustration1230 1995-07-13 24 Chris Gillis, Robert Mottley - The fall in US dollar has led carriers to consider billing in yen or marks. Chris Gillis and Robert Mottley say the idea has ruffled the feathers of shippers Chris Gillis, Robert Mottley American Shipper Most bills of lading sent to United States shippersAmerican Shipper - 1,230 words
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311 1995-07-13 24 P age •ANL 3 Able 7 Accord 10 •Ahlcrs 6 •Ahrenkiel 4 •Appenship 4 Astro 10 Austral 11 Avant 6 BSA II Batamindo 7 Bright Express 6 •CCNI 4 •CMA II •COSCO 7 •CSAV 3 Centenary 7 Central Ex 11 Chahaya 4 •Cho311 words
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Article11236 1995-07-13 30 This guide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore-followed by the ETA at the destination. The page number refers to the location of the schedule advertisement. ETA ETA Mvwttstf Vnsal Voyage Pg I SIN Dnt'l Name Nime No N*. A11,236 words
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SHIPS IN PORT
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Article1677 1995-07-13 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rttts Ship Voy Ho Etb/Btr Ported From To Fran Aci Clow 002B 14/2359 1A 12/1500 12/1659 12/1900 IB 12/1500 12/1659 12/1900 3 13/0700 13/1159 13/1400 4 13/1200 13/1159 13/1700 Aci lade 246B 14/1100 IB 12/1500 12/1659 12/1900 2A1,677 words
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Article577 1995-07-13 35 Vftt«l Voy Ho forth Arrival Departure_ Jurong Poet (BT) Wapa Jaya J1 alongside 13.07/2300 Batam Bahagia 07/02/95 J1 alongside 13.07/2300 Batam Murro 07/02/95 J2 alongside 13.07/2300 Dwt Guna 07/02/95 J21 alongside 13.07/2300 taller 22 J4/5 alongside 13.07/2300 Ko«ndo 07/05/95 J8 alongside 13.07/1300 SPC Virgo J20 alongside 13.07/0200577 words
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Article800 1995-07-13 35 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual800 words
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AIR & LAND TRANSPORT NEWS
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376 1995-07-13 36 Alec Almazan - By Alec Almazan SINGAPORE Changes in the operating environment in both Europe and the AsiaPacific will move regional airlines towards increased cooperation. "Individual profitability, vast distances, different languages and cultures have in the past militated against any degree of cooperation between airlines376 words
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270 1995-07-13 36 HONGKONG A group representing the region's top airlines has called on its members to stop buying new aircraft in a bid to cut worrying over-capac-ity in the market. The call comes as the Orient Airlines Association is warning of a possible price war270 words
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Article, Illustration71 1995-07-13 36 Reuter LARGS, Scotland A passenger train disappearing through a section of the ticket office at Largs station after a crash on Tuesday. The 6.15 am train from Glasgow failed to stop and crashed through the buffers and ticket office before coming to a stop outside theReuter - 71 words
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342 1995-07-13 36 Bloomberg Business News TOKYO Toyota Motor Corp is cutting its 1995 production, sales and export targets in response to stiffer-than-expected competition at home and the strong yen, which has damaged its competitiveness abroad. Toyota, Japan's leading car maker, will announce detailsBloomberg Business News - 342 words
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247 1995-07-13 36 AP LONDON A Lufthansa Airbus A3OO took off from London's Heathrow Airport without permission, passing above and behind a taxiing Boeing 737 and two vehicles which had just crossed the runway, a government report said on Tuesday. The crew of the GermanAP - 247 words
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219 1995-07-13 36 Reuter WASHINGTON The airline industry's expected profits for the second quarter, due to be released in the next few weeks, does not mean that its problems are behind it, Air Transport Association (ATA) president Carol Hallett said recently. The airline industryReuter - 219 words
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255 1995-07-13 36 Bloomberg Business News STUTTGART MercedesBenz AG said it expects to sign a letter of intent to set up a US$l billion (SSI.4 billion)joint venture to produce vans and engines in China. The company said it already signed a letter of intent yesterdayBloomberg Business News - 255 words
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236 1995-07-13 36 AFP KUALA LUMPUR Malaysia's second airline, grounded after pressure by national carrier Malaysia Airlines, will launch ground services while awaiting permission to fly, officials said yesterday. But company officials said they were still bent on launching Air Asia Sdn Bhd as soon asAFP - 236 words
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LOG BOOK
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111 1995-07-13 36 Bloomberg Business News LONDON DHL international, a global air freight delivery service, said it will begin expanded services to 26 cities in China by the end of next year. The Brussels-based DHL International already serves 10 Chinese cities. The company will expand its presentBloomberg Business News - 111 words
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96 1995-07-13 36 AFP TOKYO Japan Airlines (JAL) and American Airlines have concluded a wide-ranging agreement to collaborate in cargo transport service, a JAL spokesman said yesterday. Under the agreement, American Airlines will sell cargo space to JAL in 14 US states and in Latin America, while JALAFP - 96 words
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97 1995-07-13 36 Reuter MINNEAPOLIS Northwest Airlines Corp and KLM Royal Dutch Airlines said they will significantly expand the number of smoke-free international routes beginning this fall. All of the airlines' flights between the United States and Canada and Europe, and all KLM flights within Europe will become smokeReuter - 97 words
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Article79 1995-07-13 36 Reuter SEATTLE, Washington Boeing Co said on Tuesday that LOT Polish Airlines has placed an order for one 737-400 jetliner, valued at US$49 million (5568.6 million). The order brings to 150 the total number of commercial jet orders for Boeing in the first six monthsReuter - 79 words
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Article82 1995-07-13 36 UPI MANILA Car sales in the Philippines jumped 43 per cent to 34,713 units for the first half of 1995 from 24,221 units in the same period last year, vehicle manufacturers said on Tuesday. The Chamber of Automotive Manufacturers of the Philippines said Japanese carUPI - 82 words
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Article103 1995-07-13 36 UPI JOHANNESBURG South African Airways said on Tuesday that it would add two more weekly flights between South Africa and the United States to meet growing business and tourism demands. SAA's chief executive Mike Myburg said an ever increasing demand for seats on the airline's trans-AtlanticUPI - 103 words
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Article1523 1995-07-13 36 AIRCRAFT ARRIVALS DEPARTURES Cttjr np TO FlifM IT® Ma DfcaH GA895 0050 GA985 1215 GA975 1335 ***** 1305 Maiaida QF06I 1930 QF082 2055 SO228 2055 AmttnUa KL843 0455 KL838 2300 SQ025 0650 SQ026 2355 GA975 1335 KL837 1450 Mtrnrn SQ347 0665 flaiHaad SQ286 2Q40 SQ288 2045 WtaM ***** 1105 SQ1821,523 words
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Page 23 Advertisements
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Advertisement31 1995-07-13 23 VISA FREIGHT SERVICES PTE LTD 1 1^ THE TOTAL TRANSPORTATION PEOPLE g)1800-225 6966 Shippers say no to currency change: Page 2 OAA chief sees closer ties among regional airlines: Back Page31 words
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Advertisement14 1995-07-13 23 Your Choice, Your Satisfaction Tel: *****55 Fax: *****60 Pis see Pfl 3 for schedule14 words
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Page 24 Advertisements
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Advertisement1304 1995-07-13 24 I OTHMn DtaTtMTtONl'H I NORTH AMtRICA I I PIRICT CALL TO WIT COMT l»CX) WKST COAST Of CINTttAL AMIWCA I ■WaAFOHj o*l*o** SMttT WWM WWT OOWI I h—. sl iainrmrg|^ r ML.— B wi'wpfg-ifr-THISS 2£ 5852 ££l!t3!^!£!l!!£l?! £l !K2 MMI |MHIS/W M/M u/M I U/M 17/ M U/M M/M M/M1,304 words
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Advertisement202 1995-07-13 24 Lines and services represented by Members of the Registry ot Accredited Shipping Agents, Singapore National Shipping Association. \^7 For advertising enquiries, contact Shipping Times: Tel 740-2089 <% PORT SHOTS mm The latest in sea, air and land transportation Shipping Times Monday to Friday BusmessTimes WORLD AJAX 19/07 21/07 FWnVAN*/UK/Nantaa I202 words
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Page 25 Advertisements
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Advertisement1127 1995-07-13 25 WHOLESALE CEMTRE, BLOCK 1, #03-10 SINGAPORE 0511 BOOKINO/CNCKJIRIES CH MO: **********0W TEL: *****55 (12 LINES) FAX: *****16/*****25 TLX: R*****0/***** FSSHIP VESSEL VOY SIN ETA SINETD DESTINATION SUN RAY 10/15 17/07 19/07 PIAJU/PALEMBANG mm\ 1/95 11/07 20/07 POMTUXAK/SIKTETE SUN PI OKA 8/95 18/07 19/07 KMGKUIU/FADAWG GULF SUUAM 4/95 IN POUT 14/071,127 words
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Advertisement1657 1995-07-13 25 rami PACIFIC SOUTH WEST EXPRESS (DIRECT) lypsa VOY SMITA SI ETP Utf OAK OK UAH* CM HOU MK W> Ml GtORGE WASMNGTON Ml MA 13/07 14/07 30/07 01/08 02/08 03/08 03/08 04/08 04/08 07/08 09/08 *"K*iQI>nBPI 6IA 20/07 21/07 13/08 15/08 16/08 17/08 17/08 18/08 18/08 21/08 23/08 HBMY HUDSON1,657 words
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Advertisement919 1995-07-13 25 (g) H ANJIN SHIPPING ißnavcsa vot law 1 MOTwavg» su I ml ro I Iroavcsa voir sw loonovcsa vot Is» u I irn I MMUBHMI iB n/v an 10/OO 11/00 i2/o> haiuwbjhsaw dm M/O; OI WOMBS tm u/oo 10/oo M/OO HAMM StATTU 030t 37/07 DWO 17/00 U/00 U/OO OKWBHOtgQW OOSI919 words
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Page 26 Advertisements
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Advertisement700 1995-07-13 26 vessel voy ham rout ant uu stom nam si* hug kao tyo shi kou nac imWBGSHAHU tIPBSS 20/775 ?l/4 IVt H/k K/t «/7 11/7 20/7 J7£ K/T_ FKAWKfUT EXPtESS 10/475 24/t 72/t 73/* M/* 14/7 17/7 JO/7 74£_ WYKPtOaOM 77/77t It/i M/t 1/7 7/7 _7]/7 K£ J7/7 3£ 31/7 !/L700 words
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Advertisement1366 1995-07-13 26 NORASIA vessel VOY SIN alq LAS BCL VAL ham bre rot ant fel lha MOR HONGKONG *27 3 13*7 01*4 31*7 OMM 07 M OMM HAM OMB 07*8 08*7 04*7 NOR SHAAJAH 9528 3 19*7 00*0 08*0 IMS 14*8 12*1 13*0 13*8 14*8 IMB 17*8 SI MOTIVATOR 529W 26*7 15*81,366 words
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Advertisement661 1995-07-13 26 JAPAN/HONQKONO/STRAITS REGULAR SERVICE LOADING FOR PORT KLANG/PENANG Vtssa VOT S PORE P GUDANG I PK6 I PHI HUH a MPT 14 JUL LAB GO 29 MPT PANDORA 21 15 JUL 17 JUL MMWUggm 1 17 JUL It JUL HEW SUM 2 21 JUL 23 JUL 25 JUL SUM WIGHT 30661 words
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Page 27 Advertisements
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Advertisement1283 1995-07-13 27 Pb J| STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 NEW guinea pacific line SERV ice of china navigation CO) CARGO DUE SAILS NtT/T^ C J MAGA 111-32 V9505E Muara 15 ft 17 Jul 16 Jul 11 Jul -r. .r. pntrnUfTl1,283 words
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Advertisement2586 1995-07-13 27 W A Singapore Agent: Afl'W€M'f tIAfC P&o Containers (Singapore Agencies) Pte Ltd 10 Hot* Chiang Koad, #07-01 kt-pptl Towers, Singapore 0208 First Class Connections WORLDWIDE I'*. 225 ;m.wa:«swt4 pnocsp f«*****27/*****17 EXPORT IMPORT VESSEL VOY |*PNO *RKO SIM SOU ANT IJOT HAM OOT BRE LEH VESSEL VOV ZEE OOT WOT HAM2,586 words
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Page 28 Advertisements
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Advertisement1091 1995-07-13 28 EUROPEAJK/SCANDINAVIA/FINLAND/RUSSIA I I 1 rp Bn u uRG THP ANW LHV LMV ANW THP HBG RDM PKL SGP I E GENERAL RW-042 10/7 66 76 9/8 7/8 E GIFTED RE-MO 196 226 206 236 216 11 n I I SSyjJEir 22/7 11/8 13/8 15/8 12/8 166 E. GENIUS RE-056 26/61,091 words
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Advertisement789 1995-07-13 28 PERSIAN GULF SERVICE Una w "3 Su SMN mm KWT &M I UNI COHORT "JJ JM7 am mm wn 3M7 UWCOHCORO ££152? !52Z 07« OM* 0M» 0M» <H» lIM CORONA B3SB-023N IJ3TO UK 14M IVW 16/08 16.08 16/08 UNI ONWARD 0359-014 W 1108 2*oB 2SA 2708 27/08 H (H.SO ACCtPTWC789 words
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Advertisement595 1995-07-13 28 g RICHFIELD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 LINES) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) CR NO: **********0E m ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Vessel Voy ETA Loading for Scxxt AbtoayWotu 44W8 21/07 Abyot 41WB 06/09 H KIEN HUNG LINE595 words
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Page 29 Advertisements
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Advertisement2752 1995-07-13 29 SAILING TO SOUTH AFRICA EAST COAST SOUTH AMERICA 5/*fipfrf l Bmril Aflilt Til (Blliril) 22H*M °'f rntT&R SHIPPING PTF I TD Fai: (Blllrllj 221 litl Ctllllllr *****41/144 Cllflmr Sk I/l *****12 Opi'ttlo* Centum *****15 Tiln 2SI3ICOSHIP CiMintlonil *****50 0/0 *****1S Cf *»*(/««</ *****43 V C«« 117t73t0t00 M Fn 22H2M IriltWlJiK2,752 words
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Advertisement634 1995-07-13 29 (g. FAMOUS CONTAINER UNESI 80 ROBINSON ROAD, #22-02 SINGAPORE 0106 HOT UNE: *****33 (30 UNES) GOTHENBURG/SCAN 17/07 ROTTERDAM 17/07 AARHUS/COPENHAGEN 17/07 HAMBURG/BREMEN 14/07 MARSEILLE/FRANCE 23/07 FELIXSTOWEAJK 17/07 BARCELONA/SPAIN 19/07 LEHAVRE/FRANCE 14/07 GENOA/ITALY 16/07 ANTWERP/BELGIUM 14/07 LOS ANGELES/WC/IPI 14/07 SYDNEY/MELBOURNE 15/07 NEW YORK/EC 14/07 FREMANTLE/ADELAIDE 15/07 VANCOUVER 14/07 BRISBANE 15/07 TORONTO/MONTREAL634 words
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Page 32 Advertisements
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Advertisement1130 1995-07-13 32 —nam— —heeem^mß VESSEL VOY SIN JKT ~j [VESSEL VOY SIN PEN VIRABHUM 138S Thu In Pt Moo 17/7 BUNOA SEROJA 5097 St 15/7~ Sun 16/7 VESSEL VOY SIN BKK WAKA BHUM 283S It Wed 19/7 BUNOA SEROJA 5099 Sat 15/7 Sun 1 6/7 M YANTRA BHUM 93N Thu In Pt1,130 words
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Advertisement913 1995-07-13 32 79 ANSON ROAD, #21-01, SINGAPORE 0207 CR *****P*****N STRAiTS SHUTTLE SERVICE PORT KLANG PENANO VESSEI I VOY StW I PKL VESSEL VOY SM FBj SEA LAUREL 404N 1307 THU 14A)7 FBI LHOTSE 5039 1207 WED FBI EAGLE MOON 092 A 1307 THU 1507 SAT XOUR JAVA ***** 1407 FRI FARO913 words
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Page 33 Advertisements
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Advertisement669 1995-07-13 33 BSA aH MYANMA WUk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S pore P.KIg PEN P Gdg MYOMAYWA VIS6W 15/07 PATHEIN VI33W 20/07 MALAYSIA AGENTS BOUSTEAO SHIPPING AGENCIES KUL TEL 02 03-*****00 PKL: TEL 02-03-*****01 PEN: TEL 02-04-*****02 PGO: TEL 02 07-*****21/4 NIGERIAN NATIONAL SHIPPING LINE SPORE669 words
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Advertisement1085 1995-07-13 33 ADVANCE CONTAINER LINES (PTE) LTD I Z 140 Cecil Street #12-00, PIL Building. Singapore 0106 Li TEL: *****21, FAX *****19, TELEX RS ***** ACLPL CR NO. **********0E BANGKOK JAKARTA (i Saiiliqi/Weefc to PAT. 3 SailjMs to BMT. 2 Sailings to LCH) (2 Selllets/Week) MOT AuriffltfTT ItfAIIAND VtaStL VOY UN BKK1,085 words
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Advertisement864 1995-07-13 33 ICR NO: **********02 Q VOY "^N~ LE HAVRE HAMBURG THAMESPORT ROTTERDAM ANTWBRP_ aitnc f-AP«n i a TKJW 17/07 06/06 10/06 12/08 13/06 14/06 wicnr iiraa UOW 25/07 15/06 17/06 19/06 2tVO6 21/06 VILLE DE NORMA MOW 01A» 22/06 24/06 26/08 27/08 28/08 UIIFOF CARiNA CIOW 06/08 29/08 31/06 02/09 03/09864 words
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Page 34 Advertisements
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Advertisement813 1995-07-13 34 AFGHANISTAN M&M Afghanistan Ltd., A lU| Hairatan, Torghundi, Islamqala (Doqharun) ■ncfciwl C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, iisiitvAr a. ti. .iw«k Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, Mllluer fit MUncn Novosobirsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny International Forwarders Mongolia: uiaan Bator N Korea: Pyongyang. Nampo express container service TO WEST COAST813 words
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Advertisement585 1995-07-13 34 t«MM fcfIHTAIHER LIMES. INC Agents: MAC-NELS SPORE: *****22 (24 LINES) kuching (<*2)42*433 tsP/V-r] Cm NO. **********0 C SIBU (084) *****9 MANILA (632) *****61 V —i X PENANG: (04) *****6 BANGKOK (662) *****57 SURABAYA: (31)*****0 P. KELANG: (03) *****77 JAKARTA: (21) *****07 BANDUNG AGENT (22) *****96 I ASIA HKG/TWN/BKK I GENOA/EUROPE585 words
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Advertisement378 1995-07-13 34 EASTERN CAR LINER LTD. I STRAITS/ JAPAN/ STRAITS SERVICE MULTI-PURPOSE RORO CARRIER SPECIALIZE IN HEAVY LIFT CARGO UPTO 120 TONS RAMP CAPACITY UPTO 50 TONS I ftt I m I LOADING rot VfSSCL VOY SIN Ml MUAJtA 11/7. KAMDA 25/7. KEISHUN 43 13/7 14/7 NAGOYA 27/7, TOYOHASM 2t/7, YOKOHAMA 29/7,KOK378 words
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Page 35 Miscellaneous
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Miscellaneous133 1995-07-13 35 REGIONAL WEATHER LEGEND: K Thunderstorm Temperature c X s| ww#r W«oth«r _X Wind direction with speed knot* Rom 0 Cloudy Sky Wove height Surface winds or* indicoted by orrows which tty with the wind Q One ful circle represents calm or light ond vartobl« winds One half Heche represents 5133 words
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