The Business Times, 7 May 1999
1999-05-07
1
56
https://www.nlb.gov.sg
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The Business Times
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Title Section13 1999-05-07 1 THE BUSINESS TIMES WNjpf046/1^98 85c SING APORE Internet: http://business-times.asial.com.sg/ FRIDAY, MAY 7, 199913 words
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Article64 1999-05-07 1 □sn *****4 (+9.46) U BHJI (+2.74) □ana furies 2MLBO (+1.00) U^KETMOOft STTOCK HA&KET INDICES Thursday Chance KLSECOMP 717J8 4N NIKKEI 17,309.61 +599.08 HANG SENG *****14 15.9? SETT INDEX ***** +6*4 JAKARTA OOMP _J8U1 +17.97 MANILA COUP _*I1M3 >49.16 TAIPEI WPI 7JUUt -1111 SEOUL COMP £10.54 +3917 CLSA CHINA64 words
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Article74 1999-05-07 1 FOREX KATES uss ss 08$ 1.700 £(US3/S9per£) US7 1781 El'R0(USS/S8 per E)-L979 L8K DM L812 0538 YEN 120.5 1.411 1800 1447 HH 7.761 0119 BAifT 17.11 IMC MIP1AH 8,080 0.021 'SttomrnHH fcfUME SATES SINGAPORE* 5.826 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 Manila BGH8BDN0 1026 TMPB- 8JO SYDNEY 8.4674 words
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Article, Illustration736 1999-05-07 1 Audrey Tan - To compete, they mast have talent of global standard By. Audrey Tan [SINGAPORE] Singapore banks are "headed down the hill" and the government can only protect them from competition for 10 years or less, Senior Minister Lee Kuan Yew said in736 words
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940 1999-05-07 1 Lee Han Shih - It will make general offer, pay one cent for ont-of-money warrants By] Lee Han Shih [SINGAPORE] The soaring stock market was given a dose of sobering news last night when Pidemco Land announced that it will buy listed Liang Court940 words
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Article, Illustration833 1999-05-07 1 Conrad Raj - It will set dangerous precedent, he tells Parliament By i Conrad Raj [SINGAPORE] The government cannot use Temasek Holdings and the Government of Singapore Investment Corporation to bail out the 170,000 Clob investors as this would set a "dangerous precedent",Source: MAS - 833 words
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889 1999-05-07 1 But he warns of imbalances in strong US growth Bloomberg, Reuters [CHICAGO] Federal Reserve chairman Alan Greenspan yesterday spoke about imbalances in the extraordinary strength of the US economy, now in its ninth year of growth, but made no explicit mention of raising interestBloomberg,; Reuters - 889 words
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Advertisement171 1999-05-07 1 msPE Him fajs? The men talk of golfing or taking a delivery of a Lexus after closing a deal. The women show off a Prada pouch here, a Bulgari watch there. Are happjtdays her again for property agents? ELI HMM Ihuh Is it prudent for mortgagors to switch banks, giving171 words
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Advertisement29 1999-05-07 1 KTiBF! says Clob issue is S 'pore's problem, Pg 2 KLBE statement, Pg 2 In Parliament, Pg 2 Old Malaysian habits die hard, Pg 3 Greenspan's speech, Pg 929 words
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FOCUS ON CLOB
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Article, Illustration765 1999-05-07 2 Eddie Toh - Pact in Sept '98 not intended to make Scans assume CDP's duty towards Clob investors, it says From, Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange (KLSE) yesterday said it is "the duty and responsibility" of its Singapore counterpart to resolveFILE PHOTO - 765 words
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740 1999-05-07 2 THE following is the statement issued yesterday by the Kuala Lumpur Stock Exchange in response to the statement issued by the Stock Exchange of Singapore on Wednesday on the issue of frozen Clob shares: KUALA Lumpur Stock Exchange (KLSE) notes with concern the statement issued740 words
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Article, Illustration1885 1999-05-07 2 Government and SES will make every effort to resolve the problem expeditiously, House told THE following are Deputy Prime Minister Lee Hsien Loong's answers in Parliament yesterday to questions by two members on the Clob issue: Interest in Malaysian and Singapore shares Q:FILR PHOTO - 1,885 words
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Article, Illustration1019 1999-05-07 3 Akbar Khan's offer borders on the ridiculous and Malaysia's mismanagement of the issue bodes ill for future flow of funds into the country THE Malaysian authorities have not lost their ability to surprise. The way the Clob issue has been (mis)managed raises questions about howFILE PHOTO - 1,019 words
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Article, Illustration464 1999-05-07 3 Eddie Toh - KLCI closes at 717.6, highest level since March '98; seen hitting 800 soon From Eddie Toh in Kuala Lumpur THE Akbar Khan cash offer to buy the Malaysian shares previously quoted on Clob International has become even more unattractive amid the currentREUTERS - 464 words
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Advertisement89 1999-05-07 3 /HA *r.v v". .V 4 HK > ;> .v •>'' >«r, v "j ,r- f r st, vV S rt 'fir ".«b V Jfr >•; S f --a "v >'' a i <» i .*>. J< < X«|f 1 v >' &SX I' i lr' ■<-' Nk'®' '8 V <89 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration297 1999-05-07 4 Christopher Tan - Singapore's costliest highway will link with Tampines Expressway by 2006 Reports by Christopher Tan THE Land Transport Authority has started preparation work on what's to be Singapore's most ambitious expressway project. And at $1.5 billion, it will be the most expensive highway here. ScheduledSource: LTA - 297 words
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490 1999-05-07 4 Gordon pricing to prevent clogging at alternative roads THERE is no "escape route" in Phase II of Electronic Road Pricing (ERP). Some 20 gantries will line the city's outerring roads, creating in effect a second and larger Restricted Zone, which currently covers the490 words
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Article323 1999-05-07 4 ELECTRONIC road-pricing could go island-wide as early as 2006, and charges may be based on time and distance, instead of location. According to Land Transport Authority chief executive Han Eng Juan, if a timebased charging system is adopted, "it may not matter if you're323 words
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276 1999-05-07 4 Wong Wei Kong - W Wong Wei Kong THE Housing and Development Board has fixed a coupon rate of 4.25 per cent for its $500 million issue of sevenyear bonds, weighing in at the lower end of market expectations. The coupon was set based on competitive276 words
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287 1999-05-07 4 David Boey - Bnt properties in prime districts still draw keen interest By] David Boey ALTHOUGH some banks have started raising the valuations of homes mortgaged to them by 10-15 per cent, potential buyers of such property gave these price hikes a cool reception at Knight Frank's housing287 words
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Article, Illustration215 1999-05-07 4 PIDEMCO Land is launching another 188 units of the 754unit Floravale executive condominium in Jurong West. While the average price has been raised by 4 per cent to $375 per sq ft, Pidemco is maintaining the $360 psf average price tag for the 158215 words
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155 1999-05-07 4 WAFER fabrication firm Chartered Semiconductor Manufacturing (CSM) yesterday said its recently-ended three-year research collaboration with local universities and institutes had resulted in some 60 patent applications, 60 published papers, and 30 advanced-degree graduates. The tie-up between the National University of Singapore, Nanyang Technological155 words
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Article, Illustration315 1999-05-07 4 Anna Teo - EYE ON THE ECONOMY Measurement By t Anna Teo According to the official data, Singapore and other East Asian economies have had among the highest rates of consumption growth both private and government spending through the '80s and much of the '90s. But measures of consumptionSource: World Bank - 315 words
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445 1999-05-07 4 Audrey Tan - YESTERDAY Df PARLIAMENT Govt will play facilitating role: Rear-Adm Too By, Audrey Tan THE government will set up a facilitation committee to help realise the Singapore 21 vision, Education Minister Teo Chee Hean said in Parliament yesterday. Wrapping up the445 words
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Advertisement13 1999-05-07 4 Sunday Classified -cie-aAFMt at Clarke Quay Every Sunday, 9am spm BuyH Sdih FWn13 words
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Advertisement672 1999-05-07 5 i >?, V T J W '4• p. r-' v s s *->, r 4 HOME IN ON HDB'S gl. > 1 1 1 -v* SECOND BOND ISSUE AND .V'- <j6Nk<V*t" -S,* V V» ■i- v < s.' f J 'I t j-;-> .;e. > BUILD UP YOUR v' --.-'C-y672 words
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FOCUS ON MARKETS
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Article, Illustration756 1999-05-07 6 R Sivanithy - It hits 1,995, fuelled by the Nikkei rally, ends at new 26-month high of 1,974 By R Sivanithy [SINGAPORE] What had looked like a sharp price correction in the Singapore stock market after recent gains turned out not to be, with the benchmark Straits756 words
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298 1999-05-07 6 Corinne Kerk - Sea View jumps $1.70; Goodwood np $5 but on one lot By l Corinne Kerk [SINGAPORE]. A combination of speculative activity and rotational play continued to push the SES Hotel Index northwards yesterday. The index closed 41.76 points or 5.5 per cent higher298 words
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489 1999-05-07 6 [SINGAPORE] While several US-dollar stocks have chalked up impressive gains in recent sessions, most are still trading below their pre-crisis levels, indicating that investors are stock selective rather than using a broad currency approach to this sector of the market, analysts said. At the489 words
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430 1999-05-07 6 Wong Wei Kong - By Wong Wei Kong [SINGAPORE] Fewer stocks on the Stock Exchange of Singapore are trading below their pre-crisis levels compared with just two weeks ago proof that the market rally has broadened to include more counters. In the broad market yesterday, 77 per cent of430 words
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Article, Illustration680 1999-05-07 6 Harish Mehta - BANGKOK Frenzied rally shows better risk appetite as recovery nears By: Harish Mehta THERE'S a feeding frenzy going on in Thailand as investors and punters have shifted from defensive blue chips to distressed stocks in search of high returns. And these investors are willingREUTERS - 680 words
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514 1999-05-07 6 Anthony Rowley - Market seen poised for farther rise after breaking key level By, Anthony Rowley TOKYO stock prices roared ahead yesterday as investors had their first chance to react to assurances Japanese Prime Minister Keizo Obuchi gave earlier this week to US President514 words
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Article, Illustration739 1999-05-07 7 Quak Hiang Whai - HONGKONG Govt's intervention, recent rally add HKsl33b to big four families' stakes Reports by Quak Hiang Whai IN just less than nine months, Hongkong's top billionaires have seen their net worth in their flagships more than double, thanks to the Hongkong739 words
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Article, Illustration791 1999-05-07 7 Even bullish ones assess market with guarded optimism [HONGKONG] In spite of the robust performance of the stock market in the last halfyear, many market followers continued to view the Hongkong bourse with much caution. Even those on the more bullish791 words
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Article, Illustration641 1999-05-07 7 Shoeb Kagda - JAKARTA By\ Shoeb Kagda POWERED by expectations of falling interest rates and continued large inflows of capital, the Jakarta Composite Index (JCI) yesterday rose to its highest level since August 1997 before easing to close at 580.91 points. But this was still 17.07FILE PHOTO - 641 words
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Advertisement126 1999-05-07 7 MID-YEAR SALE! Voyage Computer Case (*****6) With fully padded main compartment, large zipped front pocket, back "accordion" pocket and detachable shoulder strap Usual: Now Sfuciatf GOLD///PFEIL GERMANY Unit No.S, Orchard Parade Hotel, 1 Tanglin Road #02-28/31 Wisma Atria, 435 Orchard Road We're open daily from 10.30 am to 8.30pm OFFERMANN126 words
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SOUTH-EAST ASIA
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NOTE Book
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94 1999-05-07 8 AFP [UNITED NATIONS] Indonesia and Portugal on Wednesday signed a landmark deal that will enable the East Timorese to vote on the future of the former Portuguese colony after 24 years of Indonesian rule. UN Secretary-General Kofi Annan signed the main document, containing an autonomyAFP - 94 words
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57 1999-05-07 8 Reuters [HONGKONG] Market demand for fresh Thai bank equity remains robust after the third massive placement by a Thai bank, Salomon Smith Barney said yesterday. Salomon, which lead-managed the US$l.75 billion (552.96 billion) Siam Commercial Bank placement, said the keys to success were strongReuters - 57 words
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65 1999-05-07 8 Bridge News [JAKARTA] Indonesia's Bank Bali has rejected rumours it will be de-listed from the Jakarta Stock Exchange (JSX), the bank said yesterday. Rumours surrounding Bank Bali might have been a factor in the bank's shares jumping 48.6 per cent to 1,300 rupiah on Wednesday,Bridge News - 65 words
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Article245 1999-05-07 8 JAKARTA 898 m shares sold at 3,650 rapiah each after delay Bloomberg PT Telekomunikasi, Indonesia's largest phone company, sold 898 million shares at 3,650 rupiah (550.77) each after being held up at the last minute by a delay in government approval, bankers said. Underwriters MerrillBloomberg - 245 words
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Article, Illustration400 1999-05-07 8 BANGKOK They are protesting against plans to sell stake in a unit to foreign buyers, most likely from Singapore Reuters HUNDREDS of workers at Thai Airways International threatened to ground the airline's planes at Bangkok's busy Don Muang Airport yesterday to protest againstReuters; REUTERS - 400 words
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362 1999-05-07 8 MANILA It plans to move US court to confiscate four Boeing jets Bloomberg THE US Export-Import Bank told Philippine regulators that mishandling Philippine Airlines Inc's bankruptcy could affect future loans to the country, a warning that raises the stakes in legalBloomberg - 362 words
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155 1999-05-07 8 KUALA LUMPUR Bloomberg MALAYAN Banking Bhd, the biggest Malaysian bank, will cut its key lending rate for the third time in the past month, following the government's move to push interest rates lower and spur the economy. Maybank will lower its base lending rateBloomberg - 155 words
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Advertisement95 1999-05-07 8 t '-Jk Vv n V m' m. mm sL^m— Re-introducing the legendary BMW 320iA. In engineering guarantees dynamic fine tradition, its 6-cylinder engine delivers driving excitement. The classic is Gv silky smooth power while our sophisticated back at Performance Motors. Thew&nateo™gMachine Performance Motors Limited East Coast Centre, 280 Kampong Arang95 words
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FOCUS
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Article, Illustration2650 1999-05-07 9 We reproduce here the key extracts of the speech yesterday by US Fed chairman Alan Greenspan, which he titled "The American economy in a world context." ANY evaluation of the international financial crisis of the past two years would be incomplete without an understanding2,650 words
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Advertisement613 1999-05-07 10 What does it take to be a leader in capital raising and advisory? Industry focus. At Bank of America, our industry-focused client teams utilize insight to draw upon a full range of capital raising and advisory services to seamlessly deliver creative financial solutions worldwide. Together with Nationsßanc Montgomery Securities, we613 words
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Advertisement632 1999-05-07 11 ENTERTAINMENT MEDIA I —~~~r; 1 \~Z —I I tl .A 1 —i i 1 WfflSm Rank Croup Pork PWct lac I I Fox Eafartoinarant Group, lac I I Uaited Artists I I lank Groap pic U*****,000,000 U552,150,000,000 U552,808,000,000 U*****,000,000 £440,000,000 Investment Grade Public Bonds Credit Facility f Initial Public Offering632 words
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CHINA-HONGKONG-TAIWAN
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348 1999-05-07 12 Quak Hiang Whai - Earlier poll showed figure of HK5325.4b; fall due to reporting errors, repayments From Quak Hiang Whai in Hongkong BANKS in Hongkong have a combined exposure of HK5297.5 billion (5565.3 billion) to mainland non-bank companies, the Hongkong Monetary Authority said yesterday. Releasing its latest348 words
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322 1999-05-07 12 SHANGHAI Reform aimed at cracking down on rampant corruption AFP CHINA is preparing to unveil a "real name" system for bank deposits in a reform that analysts yesterday said would give a huge boost to the country's bid to curb widespread corruption. Shanghai'sAFP - 322 words
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Article, Illustration431 1999-05-07 13 HONGKONG HE chief exec denies special treatment for tycoon's son in Cyberport project AFP CHIEF Executive Tung Cheehwa yesterday rejected accusations that he gave preferential treatment to a company headed by an influential tycoon's son and denied "money politics" was rife in Hongkong. RivalAFP - 431 words
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SINO Briefs
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72 1999-05-07 13 Bloomberg [HONGKONG} Hongkong will have to spend HKI7IO billion (*****.7 billion) on new facilities over the next 10 years to accommodate 1.67 million new immigrants from China under a court ruling, officials say. Acting chief secretary Michael Suen told a Legislative Council panel thatBloomberg - 72 words
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57 1999-05-07 13 AFP [BEIJING] European Commission vice-president Leon Brittan yesterday said no new progress had been made in talks with officials here on China's future membership of the World Trade Organisation. "Our negotiating team have been here for 10 days and have clarified their positionAFP - 57 words
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65 1999-05-07 13 Reuters [SHANGHAI] Unilever is planning to streamline its numerous operations in China, company and Shanghai city officials said yesterday. They said the reorganisatio could lead to a listing of some Unilever assets on one of China's stockmarkets, though it was unlikely to be approved soon.Reuters - 65 words
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204 1999-05-07 13 HONGKONG AFP HONGKONG'S 1998 corporate results were disappointing, with only seven of the 33 on the Hang Seng reporting earnings above market estimates, brokerage Salomon Smith Barney said yesterday. Anil Daswani, head of research for Salomon in Hongkong, said companies took advantage of 1998AFP - 204 words
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335 1999-05-07 13 HONGKONG Govt has ordered cable TV stations to remove foreign satellite programmes FT CHINA has launched a crackdown on foreign satellite broadcasters in a step that will hit the interests of News Corp and Walt Disney and subdue recent hopes for deregulation in the mainland's boomingFT - 335 words
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Advertisement523 1999-05-07 12 MERRILL LYNCH INTERNATIONAL Co. C.V. NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF AMERICAN STYLE CALL WARRANTS RELATING TO THE BASKET OF SINGAPORE BANK STOCKS ISSUED BY MERRILL LYNCH INTERNATIONAL CO. C.V., ON 29TH JANUARY, 1999 AND 26TH FEBRUARY, 1999. Notice is hereby given by Merrill Lynch International Co. C.V. (the523 words
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Advertisement161 1999-05-07 12 IUKRKALT (No Peak Season Surcharge) $888 on 'y OeJuxeMUJent ilumjtotel $788 on, y QQ3Q2BS> -A, $918 Chancellor f Upgrade to 5-Star Crown Casino Tower «Crown Spa Massage *High Tea Railto Towers *Asloo Voucher J Return air ticket, 3 nights first class accom. plus daily breakfast transfers. Terms and conditions apply.161 words
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Advertisement320 1999-05-07 13 0/1 with guidance on how to prepare for a GST audit GST Seminar Thursday, May 1999 8.45 am Westin Stamford Ballroom Is your organisation having trouble filing GST returns? Do you need to be on the latest To find out more, come to the one day GST Seminar where there320 words
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Advertisement830 1999-05-07 13 —^n^— IU J '.I'.HI Corporation Keppel Corporation Limited I (Incorporated in the Republic of Singapore) I Notice of Annual General Meeting I NOTICE IS HEREBY GIVEN that the 31st Annual General Meeting of the ordinary shareholders of the Company will I be held at the New Conference Room of Keppel830 words
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ASIA
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265 1999-05-07 14 TOKYO AFP A SCANDAL-STRUCK former vice-president of the collapsed Long-Term Credit Bank of Japan hanged himself in a Tokyo hotel, police said yesterday. The 59-year-old ex bank executive, Takashi Uehara, was found hanging by a cord in his room at the Hotel Amista, westernAFP - 265 words
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568 1999-05-07 14 BATTLE FOR DACOM It lifts LG's 5% stake limit on D&com, ending a takeover battle with Samsnng Bloomberg [SEOUL] South Korea said it accepted LG Group's request to lift a 5 per cent limit on its ownership of DacomBloomberg - 568 words
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313 1999-05-07 14 SEOUL It may opt for independence since talks yield no progress: spokesman AFP THE embattled electronics arm of South Korea's Daewoo Group, In an about-face, vowed yesterday to stand alone, resisting government pressure on the company to be absorbed by the rivalAFP - 313 words
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Article, Illustration543 1999-05-07 14 SYDNEY Economy better, so interest rates on hold, it appears Bloomberg THE Australian dollar rose to its highest level in 13 months against the US dollar yesterday after the central bank signalled interest rates are on hold this year because the economy is in better shapeBloomberg; REUTERS; Source: Bloomberg - 543 words
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Advertisement23 1999-05-07 14 if W. jf i_ rin rn> «OCC C»~<D i.l| < UJIJIVJL I Ul onoT 3r*nn yivi y*. 'JBS jM, ill i n U. -H-23 words
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Advertisement357 1999-05-07 14 |&LyCrand Price mterimuse f|| Seminars/Workshop for Financial Institutions Hotel Inter-Continental, Singapore This seminar series aims to equip participants with knowledge on compliance and operational risk management, regulatory and taxation laws for banks and investment management companies. Banking Compliance Operations Risk Management Workshop (Treasury Perspective) 24 May 1999 Topics include treasury357 words
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THE WORLD
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Article, Illustration830 1999-05-07 15 REDMOND, Washington AT&T will install Windows CE in 2.5-5 m cable-TV boxes under a non-exclusive deal Bloomberg MICROSOFT Corp will invest US$5 billion (SsB.s billion) in AT&T Corp, giving the world's biggest software maker the right to install its programming inBloomberg - 830 words
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Article, Illustration141 1999-05-07 15 Reuters [LONDON] Britain yesterday refused citizenship for the second time to Mohamed Al Fayed, Egyptian-born owner of the renowned Harrods store. In response, Mr Al Fayed vowed he was "here to stay His spokesman Laurie Mayer said he would take the matter toReuters; AFP - 141 words
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257 1999-05-07 15 BRASILIA Bloomberg TWENTY-FOUR banks including J P Morgan Co and Citibank bought dollars a day before Brazil devalued its currency, a sign that they benefited from inside information, according to an opposition legislator. Workers Party Deputy Aloizio Mercadante turned over central bankBloomberg - 257 words
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Article482 1999-05-07 15 WASHINGTON Fed survey sees pickup despite weak foreign demand Reuters FRESH signs emerged on Wednesday that the manufacturing sector was shaking off its lethargy and joining in a long-running US economic expansion that has so far remained free of inflation. The Federal Reserve, in its latestReuters - 482 words
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Advertisement10 1999-05-07 15 The Straits Times Classified Where Buy It. SdTk. Ftad It10 words
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Advertisement137 1999-05-07 15 FREE $20,000 KHg|jgß TWO WAYS TO WIN! Ilf your present office is rated ugliest by *9 Subn t your friend's or employer's office and our judges, we will do a makeover and you will be entered into our Lucky Draw to win furnish a beautiful new office for you. FREE137 words
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Advertisement55 1999-05-07 15 ..~t— Mfc- m^H P w 1 i in Bell Ross CHRONOGRAPHS Model: GMT. Deluxe Eastern Watch Centrepoint. Sincere Watch Ngee Ann City. Sincere Watch Duty Free Singapore Changi Airport Terminal 2. Watches of Switzerland Forum. Information and catalog: Exclusive Distributor: BMI Singapore. Tel 737 3786. Fax 737 7300. e-mail :samben@h55 words
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EDITORIAL & OPINION
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Article, Illustration769 1999-05-07 16 Shada Islam - BOTTOMUNE OPINION By Shada Islam The writer is a Brussels-based journalist who contributes to BT THE next director-general of the World Trade Organisation (WTO) will need almost superhuman powers to rebuild an institution battered by weeks of ill-tem-pered jostling for power and prestige among769 words
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Article127 1999-05-07 16 There's a sort of irreversible change under way in Malaysia, and any politician ignores it at his own peril. People aren't fools. They can distinguish between falsehood and truth, and Anwar has shown tremendous courage.' -Mtmawar Antes a Pakistani-born scientist accused of committing sodomy with his long-time127 words
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Article657 1999-05-07 16 EDITORIAL IT looks increasingly as though there is only one avenue left to break the impasse that has developed in Geneva over who should lead the World Trade Organisation (WTO): put the issue to a vote. After seven months of jockeying and wrangling,657 words
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Article, Illustration1195 1999-05-07 16 Martin Wolf - The more a nation eqjoys the benefits of debt-creating capital inflows, the more it is exposed to risks By. Martin Wolf FT WITH these remarks, Mr Rubin showed a remarkable talent for understatement. Some risks indeed! Unfortunately, the objections to his remarksFT; Source: IMF; FILE PHOTO - 1,195 words
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Article, Illustration932 1999-05-07 16 US nrissflaa and Taiwan TALK about including Taiwan in a "theatre missile defence" for Asia threatens to escalate the arms race in Asia. Missile defence for Taiwan would needlessly alienate China, aggravate regional tensions and is a serious foreign policy mistake. Since its inception in 1994,932 words
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COMPANIES & MARKETS
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532 1999-05-07 17 Ang Wan May - By. Ang Wan May [SINGAPORE] Allgreen Properties' initial public offer drew a staggering 95,000 applicants who put in $1.44 billion, one of the biggest sums attracted by a public float in recent years. The offer of 50 million shares at $1.03 each closed early532 words
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509 1999-05-07 17 Teh Hooi Ling - Hwa Hong, Haw Par, Chuan Hup, Permasteelisa shine after purchases by substantial owners By 1 Teh Hooi Ling [SINGAPORE] Investors who had taken their cues from directors and substantial shareholders of Hwa Hong, Haw Par, Chuan Hup and Permasteelisa two509 words
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624 1999-05-07 17 Wong Wei Kong - HOCK LOCK SIEW Wong Wei Kong CAN the roaring Singapore stock market also be a bad thing? On the surface, most will say no. After all, people are making money again. The feef-good factor is also important for the economy. Consumer confidence624 words
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Article, Illustration349 1999-05-07 17 David Boey - Byl David Boey [SINGAPORE] After a quiet week, shares of SembCorp Industries and one of its listed units, Sembawang Resources Ltd (SRL), burst into life yesterday as investors gave the thumbs-up to news of SRL's impending privatisation. The two counters wereSource: Bloomberg - 349 words
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341 1999-05-07 17 Soh Tiang Keng - By\ Soh Tiang Keng (SINGAPORE] Great Eastern Life Assurance is seeking the approval of shareholders to change the par value of its existing shares from $10 to $1. This move would increase the number of shares by 10 times to341 words
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Article117 1999-05-07 17 Bloomberg [SINGAPORE] Tuan Sing Holdings, a real estate and construction company with a toehold in the electronics industry, may swing to a profit this year, boosted by its manufacturing business, its chief executive Hwang Soo Chin said. "There's a good chance we'll be profitable," he said.Bloomberg - 117 words
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COMPANIES
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225 1999-05-07 18 [SINGAPORE] THE Hong Fok group has signed two loan deals totalling $266 million to refinance The Concourse at Beach Road. The company yesterday said subsidiary Hong Fok Land has accepted an $80 million five-year secured fixed rate term loan extended by225 words
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161 1999-05-07 18 [SINGAPORE] Soft-drinks maker Fraser and Neave yesterday denied that it was in talks to form an alliance with Philippine's San Miguel Corp. There is "no truth in it", said a company spokeswoman yesterday. Talk of an alliance between the two161 words
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Article, Illustration384 1999-05-07 18 Ruth Wong - Regulators may be focusing on breach of legal limits on loans to a single customer From Ruth Wong in Kuala Lumpur SECOND Finance Minister Mustapa Mohamed yesterday confirmed a newspaper report that the central bank was investigating PhileoAllied Bank, but said he was384 words
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242 1999-05-07 18 Annette Pau - By, Annette Pau [SINGAPORE] Lum Chang subsidiary LC Hotels and 50-50 partner SC Global London Pte Ltd have sold all their shares in Mayfair Hotel Investments, and assets in Green Park Asset Management (GPAM) and its hotel and restaurant business in London's Green Park242 words
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566 1999-05-07 18 Carol Eng - Indftmwrian rhairman aw stake allegedly held By i Carol Eng [SINGAPORE] The tussle at engineering firm Ipco International has taken a twist with questions raised on whether Indonesian businessman Purwadi actually owns 5.14 per cent of the company. The newcomer to Ipco566 words
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Article, Illustration466 1999-05-07 19 Raises offer to 67b yen, topping NTTs 63b yen bid for control of IDC AFP [TOKYO] Britain's Cable and Wireless pic yesterday raised its offer for a long-distance Japanese carrier to US$556 million (***** million) to fight off a rival bid fromAFP; REUTERS - 466 words
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128 1999-05-07 19 AFP [SYDNEY] News Corp said yesterday it expects to complete the sale of its 50 per cent stake in Ansett Airlines by August. "The transaction is subject to due diligence and Air New Zealand's pre-emp-tive right of purchase, with closingAFP - 128 words
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105 1999-05-07 19 Bloomberg [WASHINGTON] Dell Computer Corp tripled founder Michael Dell's pay in the last fiscal year as the top direct seUer of personal computers awarded him stock options valued at more than US$lO5 million (*****.6 million). That boosted the 34-year-old executive's total compensation toBloomberg - 105 words
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COMPANY Briefs
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Article51 1999-05-07 19 [SINGAPORE] Keppel Corp has completed its purchase of Keppel Telecommunications Transportation (KTT) shares and warrants from Keppel Land, Keppel FELS and Keppel Marine Industries. It now has 63.6 per cent interest or 211.66 million shares and 63.9 per cent or 36.21 million outstanding warrants in51 words
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Article71 1999-05-07 19 Ratters, AFX-Asia [HONGKONG] Standard Poor's yesterday lowered its rating on Wharf (Holdings) Ltd to 888 from BBB+ with a negative rating outlook. The downgrade principally reflects concerns over Wharfs increased financial risks in the local operating environment, which has yet to recover. Wharfs 1999Ratters,; AFX-Asia - 71 words
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87 1999-05-07 19 Bloomberg [BANGKOK] Bangkok Mass Transit System pel delayed its initial pubUc offering to the first quarter of2ooo to give investors time to assess its earning potential after it begins operations in December, a senior company official said yesterday. BTSC, the operator of Thailand's first massBloomberg - 87 words
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93 1999-05-07 19 Bloomberg [HONGKONG] The share price of South China Brokerage Co Ltd, a small brokerage in Hongkong, rose more than 80 per cent to 11HK cents in the last week to a 52-week high, as the company started offering limited online trading services. The brokerageBloomberg - 93 words
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179 1999-05-07 19 Reuters [THE HAGUE] Royal Dutch/Shell, the BritishDutch oil group, yesterday reported flat net profits in the first quarter of this year but a fall of 26.1 per cent from the figure for the same period of last year after inclusion of stocks. On aReuters - 179 words
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300 1999-05-07 19 Firms in bid to challenge Compaq in Europe: magazine Bloomberg [TOKYO] Siemens AG, Germany's largest electronics company, plans to join forces with Fujitsu Ltd, Japan's biggest computer maker, in a European computer venture, Germany's Wirtsc hafts woe he magazine reported in an advance releaseBloomberg - 300 words
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307 1999-05-07 19 Reuters [LOS ANGELES] Top computer chipmaker Intel Corp has formed a venture with a Belgian speech software company to develop easy-to-use voice technology for electronic commerce and telecommunications in various languages. The technology would allow customers to order merchandise over the Internet byReuters - 307 words
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FINANCE & COMMODITIES
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380 1999-05-07 20 Deutsche Bank takes 2nd spot with 7 J2% share, Euromoney survey shows Bloomberg [LONDON] Citibank commands the largest share of the foreign exchange market worth US$l.5 trillion (552.5 trillion) a day, though No 2 Deutsche Bank AG is narrowing the gap, accordingBloomberg - 380 words
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227 1999-05-07 20 Bloomberg [ZURICH] Swiss Reinsurance Co, the world's second largest reinsurer, second-half profit fell an implied 20 per cent as claims from catastrophes like Hurricane Georges rose. Net income fell to 782 million Swiss francs (*****.5 million) in the six months throughBloomberg - 227 words
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Article, Illustration451 1999-05-07 20 Catherine Ong - S'pore on top of it but vulnerable to regional trauma By i Catherine Ong [SINGAPORE] The chief executive of Switzerland's oldest private bank warned yesterday that world financial markets might react badly to the so-called Y2K problem later in theSIEW YAW HOONG - 451 words
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127 1999-05-07 21 Edward Cheung, Jardine Fleming - Reports MSC3 Singapore Index Edward Cheung, Jardine Fleming THE MSCI Singapore Index futures opened higher foUowing overnight gains on Wall Street However, the lack of foUow-through buying by institutions prompted retail investors to take profit. The May futures touched a high of 295.00 in the127 words
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180 1999-05-07 21 Juliana Loo Na Na Refco Singapore - MSCI Taiwan fataros Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures dipped 0.3 point yesterday amid concern that China Steel Corporation and other cyclical shares had far outrun their fundamentals, despite the view that they would benefit from a180 words
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366 1999-05-07 21 BHROTUFORT Reuters [LONDON] Oil prices skidded lower yesterday but brokers said the market was still finding support from output reductions. International benchmark Brent crude oil futures lost more than 25 cents to dip to as low as U5516.79 a barrel,Reuters - 366 words
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Article304 1999-05-07 21 Reuters, AFP London THE euro scaled three-week highs against the dollar yesterday, buoyed by speculation that a peaceful resolution to the Kosovo conflict may be closer but sentiment was divided on whether the currency can sustain its rally. The euro rose to a high of U551.0826 as theReuters,; AFP - 304 words
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Article, Illustration1165 1999-05-07 21 DTTHRBAMI CROSS RATES May6 H 2 Dw HK$ lad to Bu»W Yw Won »M N2$ Prt Nso S$ Hand Sfr KT$ Mrt NwX US$ 1AM 0-959 tZ a 22 i 8M0 ***** 0797 7896 2506 ItM 33.624 24.491 1141 4.093 0.996 ***** ***** 0.4)0 0371 2? iS I 2 51,165 words
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Article1637 1999-05-07 21 aeon FUTURES May 6 IWWlWww dosiee < SJOpeD KS' C0KT8ACT(S cwts/fcjj CtOM VMHM 0(IM Mwtt Uw Srtt (t—«) fcterwt 5»» 1 ***** 150 J* 99 KK25 775 to* 99 106.00 106.00 106.00 600 275 S«P» 109.00 275 WlHc» H2.50 900 JWMar 00 116.00 BSS 3 CONTRACT (US c»tsA«) VotNM OMR1,637 words
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Article, Illustration1334 1999-05-07 22 AFP dHangSeng -ISJ7 HONGKONG share prices dropped 0.1 per cent yesterday on profit-taking in the absence of fresh leads, ending five consecutive sessions of gains, dealers said. "We are just running into some profit-taking, with no news to push up buying," said Howard Gorges, vicepresident of South China Brokerage.AFP - 1,334 words
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Article2075 1999-05-07 22 m>« Hmt 31 Group 7.01 0.18 WMy National 14.08 -0.K) A B Food* 4.61 0.01 A B Ports 2.83 -0.02 AManco Lakastar 9.01 -0.21 AJUod Oomacq 5.31 -0.15 AModZurlCtl 7.74 -0.42 ASOA Croup 1.95 -0.04 Bank of Scotland 9.01 -0.07 Barclays 18.89 -0.07 Bass 9.90 -0.11 BG2,075 words
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Article, Illustration520 1999-05-07 22 Reuters F1 Shenzhen Blndei *L 55 SHENZHEN'S Hongkong-dollar-de-nominated B shares ended with firm gains yesterday, supported by a sudden inflow of funds from foreign investors. The B share index rose 1.55 points to 58.11, retreating from an afternoon high of 59.38. Turnover expanded to HK534.7 million, more than triplingReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 520 words
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Article321 1999-05-07 22 AFP QWP Index -12J1 TAIWAN share prices slipped 0.2 per cent yesterday after late profit-taking wiped out early gains, dealers said. The Taiwan Stock Exchange Weighted Price Index feU 12.11 points to 7,560.05 on a turnover of NTJ146.52 billion. The stock market went up in early session buoyed byAFP - 321 words
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Article1613 1999-05-07 22 AFP □Nikkei 225 »SWJ6 SHARE prices in Tokyo jumped 3.6 per cent yesterday, with the key Nikkei index rising 599.08 points to 17,300.61 points, the highest close since Oct 24,1997. "Following steady gains in New York yesterday, foreign and domestic institutional investors bought issues, particularly high-tech and electronics issues,"AFP - 1,613 words
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KUALA LUMPUR STOCK MARKET
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Article8627 1999-05-07 23 Ct products l«M Lot Vol Day Net Cap High Law Cempany Sale '000 high Law P/t SmH 320 255 Afinomoto 320 10 18 320 310 17.7 129.7 85 46 Arvgkesa 79 unch 178 81 78 116.5 283 220 Apollo Food Hl« 270 20 10 275 270 9.4 108.0 204 1158,627 words
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Article, Illustration420 1999-05-07 23 AFP rl Composite Index +6J9 MALAYSIAN share prices rose almost one per cent yesterday in heavy trade on follow-through buying dominated by retail players. "The stock market's undertone is firm as investors remain bullish about economic recovery amid interest rate cuts," said anAFP - 420 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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Article2181 1999-05-07 24 bombs, loans a WIHIM 'III 92-Wk Loot Vol Bay Losl Ouoto Av« Htqh Low St no Compony SM +*t- COOO) H*t> Low Buyor iollor Prtco 25 3 "Act ******1usi ?i« 7\ 963 25 22 5 23 24 35.5 4.5 I 3164 Acmo ******4 33.5 *2 3022 35.5 315 33 33.52,181 words
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Article226 1999-05-07 24 iioiukoih stocks mirnff''fPffaf—1 Or Or 52-Wk Last v«l Day Last Ouata Dl> ft W M HC« Hl» Law Stno Company Sata fOOO) Ht» Law 1«yar »—r Cw W Sua 345 173 5123 CDL(2000)HK 317.5 cd 340 S 3.7 2 5 IC.8 ***** 5124 Cathay P«c 20c M*—720 265226 words
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173 1999-05-07 24 R Sivanithy - WARRANT WATCH -By R Sivanithy EVERYONE has been marvelling at how some stocks have performed in the past eight months. One quiet achiever, however, has been Jurong Engineering, whose warrants have gone from 17 cents last September to $1.10 yesterday more than six times173 words
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Article277 1999-05-07 24 AFP Q Wellington +14i>7 THE New Zealand share market recouped almost half of Wednesday's losses in active trading yesterday following the release of favourable economic data and an upturn by Wall Street. The NZSE-40 Capital Index rose 14.57 points to 2,248.89. —AFP roooi Advantaga HOS 1« -0.02 24 A*«AAFP - 277 words
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Article, Illustration715 1999-05-07 24 AFP Q Composite Index +17.07 INDONESIAN share prices closed 3 per cent higher yesterday, led by blue chips amid a decline in rates of Bank Indonesia's certificates, dealers said. An analyst with Mitra Duta Securities said the broad market was lifted by gains in banks in earlier trade thoughAFP - 715 words
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Article, Illustration875 1999-05-07 24 AFP P SET Intel THAI shares firmed 1.4 per cent yesterday, fuelled by Wall Street's gains and Standard and Poor's upgrade of Thailand's credit ratings outlook, dealers said. The market swung in volatile but heavy trade throughout the day, closing well off its highs as profiteers emerged in theAFP - 875 words
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Article390 1999-05-07 24 AFP rl Composite liin +31,37 SOUTH Korean share prices surged 5.1 per cent as followthrough buying escalated towards the close following the central bank's monetary board decision to maintain money market rates at current levels, dealers said. Prices started sharply higher amid a firm Wall Street, easing "caution overAFP - 390 words
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Article657 1999-05-07 24 AFP DAUOrfaariM -3J THE Australian share market closed down 0.1 per cent yesterday as weaker telecommunications and banking stocks dragged on a surging resource sector, brokers said. The All Ordinaries Index finished down 3.1 points at 3,038.60. The All Industrials Index ended with a loss of 23.1 points atAFP - 657 words
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Article303 1999-05-07 24 AFP HMmmU *WJ< PHILIPPINE share prices rose 2.8 per cent yesterday, closing at their highest level in nearly 21 months amid falling interest rates and strong foreign buying. The Philippine Stock Exchange Composite Index gained 69.16 points to 2,516.83. Turnover rose to 2.7 billion shares worth 4.6 billion pesos.AFP - 303 words
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6000 1999-05-07 25 Transaction date: May C 32-Wk Laat Vol Day Laat Ouata 0*v CMv VM Mat Cm Am HN»_ Low StNo Company Soto COOP) High Low Buyar Wo Cw p/t mUTHMMSTRY 127 17.5 m b 1000 Acmo 50c 124 cd *6 5027 127 118 123 1246,000 words
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Article988 1999-05-07 25 Mtafc"'"?— tM j2* —V UtOwy W» 0* W M cZ A™ Company Uta COOP) Ht» L— »»Y«r UMm Cw P/K tmt Prfco ihhhihhhhhhhhhhhmhhmhhhhmbrhhhhhhhhhhhhhhbhhbh 152 X) C 2049 AS Auto 10c 1M *3 1902 TTV ns ITT 118 15 N 7 L3 n I OAT iu 793 45 C 2051988 words
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STOCK EXCHANGE OF SINGAPORE
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Article392 1999-05-07 26 Stacks VofcMM Hotung In* NT5 75.270,000 Asia FoodSProp 52,322,000 GCSIntl Ltd 20c 46,589,000 DragonLand We 46,137,000 CSC Sys S Engg 5c 22,835,000 Econ Intl 20c 22,333,000 Van tfer Horst 19,729,000 Kim Enq 25c 18,747,000 Hai SunHup *02 18,436,000 Hotel Prop 18,222,000 Unfa DBS Foreign 48,824,040 DBS Land 45,764,018 GES Intl392 words
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Article, Illustration626 1999-05-07 26 R Sivanithy - STOCK MARKET COMMENTARY US$ stocks continue to dominate because of laggard status, attractive commission rates By R Sivanithy THE Straits Times Index came close to testing the 2,000 level yesterday before backing off once it became clear that the rest of626 words
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ON THE GRAPEVINE
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Article51 1999-05-07 26 Need a handphone AKBAR Khan is believed to have got himself a new handphone to avoid calls from persistent reporters who had managed to get his old number. But with the intense media interest over the Clob saga, it won't be long before Mr Khan has to switch to another51 words
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Article82 1999-05-07 26 AKBAR Khan may have to secure the service of a Queen's Counsel to help with the controversial cash offer to buy the frozen Malaysian Clob shares, according to market wisecracks. Market players noted that the Stock Exchange of Singapore which has said that Mr Khan's cash offer82 words
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Article96 1999-05-07 26 FROM now on, fluid manager Nicholas-Applegate Capital Management Asia will be known as CMG First State Singapore. This follows the acquisition by Australia's Colonial Group of the Singapore, Hongkong and London operations of Nicholas-Applegate for US$l5.B million (§926.9 million) in February this year. Nicholas-Applegate manages over96 words
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Article47 1999-05-07 26 A JAPANESE young man still in his twenties was asked to comment on his appointment as senior economist/vice-president of a leading Japanese research institute in Singapore. "Amid the deflationary economic conditions around the world, our job titles here have been Inflationary," was his deadpan reply.47 words
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Article55 1999-05-07 26 THE outlook for Thailand continues to show improvement. Reflecting the better mood, Standard Poor's has revised its outlook for two Thai companies—PTT Exploration Production pic and Advanced Info Service pic—to "stable". It also affirmed its triple "B-" ratings on the two companies for their55 words
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Article, Illustration65 1999-05-07 26 Wong Wei Kong - By Wong Wei Kong DRAGON Land shares rose three US cents to a new 52-week high of US$O.lB yesterday. A total of 46.1 million shares were traded, compared with its 10-day traded average of 5.37 million units. The daily and weekly RSI, Stochastics and MACD indicators suggest that65 words
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Page 17 Advertisements
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Advertisement13 1999-05-07 17 It HUGO BOSS ISETAN SCOTTS NGEE ANN CITY #01-03/04, SUNTEC CITY MALL #01-061/06313 words
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Page 18 Advertisements
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Advertisement453 1999-05-07 18 DEUTSCHE BANK AG acting through its London branch NOTICE TO WARRANTHOLDERS TO: ALL HOLDERS OF EUROPEAN STYLE CALL WARRANTS RELATING TO THE "LOCAL" DESIGNATED SHARES OF OVERSEAS UNION BANK LIMITED ISSUED BY DEUTSCHE BANK AG, ACTING THROUGH ITS LONDON BRANCH, ON 15TH APRIL, 1999 AND 23RD APRIL, 1999. Notice is453 words
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Advertisement781 1999-05-07 18 ALLGREEN PROPERTIES LIMITED (Incorporated in the Republic of Singapore on 16 May 1986) Invitation in respect of 250,000,000 New Shares of $0.50 each comprising (1) 50,000,000 Offer Shares at $1.03 for each Offer Share by way of public offer; and (2) 200,000,000 Placement Shares by way of placement, comprising:(I) a781 words
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Advertisement22 1999-05-07 18 Lost your m^ Try finding it at Classification 821 (Found) of The Straits Times Classified. CA.T.& Buy It Sal It. Find It22 words
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Page 19 Advertisements
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Advertisement233 1999-05-07 19 T This announcement appears as a matter of record only. May 1999 ALLGREEN PROPERTIES LIMITED (Incorporated in the Republic of Singapore on 16 May 1986) Invitation in respect of 250,000,000 New Shares of $0.50 each comprising (1) 50,000,000 Offer Shares at $1.03 for each Offer Share by way of public233 words
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Page 20 Advertisements
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Advertisement1150 1999-05-07 20 CUT) ENG KONG MOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING TO THE MEMBERS OF THE COMPANY NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Members of the Company will be held at Albizia 2, Jurong Country Club, 9 Science Centre Road,1,150 words
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Advertisement415 1999-05-07 20 HOT GOSSIP RESTAURANT DISCOTHEQUE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 (1) and (2) of the Companies Act Cap. 50 that the Final Meeting of Members of the abovenamed Company will be held at 50 Cuscaden Road #08-01 HPL415 words
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Advertisement116 1999-05-07 20 NOTICE IS HEREBY GIVEN that I, PANG SEOWLUAN of Blk 60, Geylang Bahru #14-3305, Singapore *****0, have applied for a Ist Class Licence in respect of M/s Keow Heng located at Blk 465 Crawford Lane #01-12, Singapore *****5, and that this application will be considered by the Liquors Licensing Board116 words
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Page 22 Advertisements
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Advertisement109 1999-05-07 22 NOTICE IS HEREBY GIVEN that I, LOW SOKE LENG CINDY of Blk 148 Serangoon North Ave 1. #03-465, Singapore *****8, have applied for a Public House Ist Class (Extended) Licence in respect of M/s Brannigans Bar Restaurant located at 30 Victoria Street #02-02/05 A Singapore *****6, and that this application109 words
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Advertisement266 1999-05-07 22 JAHWA INVESTMENTS PTE LTD NOTICE Of SPECIAL RESOLUTIONS Nona IS HEREBY GIVEN THAT XT AN EXTRAORDINARY GENERAL MEETING Of THE COMPANY DULY CONVENED AND HELD XT 180 CECIL STREET, #12-03 BANGKOK RANK BUILDING, SINGAPORE *****6 ON TOE 3RD DAY OP MAY 1999 XT 3 30PM, THE POLLOWINC SPECIAL RESOLUTIONS WERE266 words
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Advertisement276 1999-05-07 22 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 5* SIN QING INTERNATIONAL PTE LTD (la Member*' Vohtatery Liquidation) NOTICE OF RESOLUTIONS NOTICE IS HEREBY GIVEN Out *1 an Extraordinary General Meeting of Metnben of SIN QING INTERNATIONAL PTE LTD duly convened and held at 415 B Jalaa Beaar, Singapore *****6276 words
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Advertisement289 1999-05-07 22 M THE MATTER OF THE COMPANIES ACT, CAP. SO AND M THE MATTER OF JM-MKE EXTERNAL CLEANING SERVICES (S) PTE LTD (Incorporated n toe Rapubtc of Singapore) NOTICE OF RESOLUTIONS AlfnFrtiwfciiyflanflU—>nq nfeMnn«n*i»« nf eMutvMniiMl P/wyny rwyifri fnH hffc) at Bk 123 Butt MeraH Lane 1 #01-112 Singapore *****3 on 4289 words
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Page 23 Advertisements
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Advertisement113 1999-05-07 23 hffjjrfiT-^iTTrnrr^a NOTICE IS HEREBY GIVEN that, I Lareen Kan Sow Har of Blk 87 Redhill Close #22-584, Singapore *****7, have applied for a First Class Public House Licence in respect of M/s Crystal Jade Kitchen (Plaza Singapura) Pte Ltd, located at 68 Orchard Road, #02-32, Singapore *****9, and that this113 words
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Advertisement107 1999-05-07 23 NOTICE IS HEREBY GIVEN that I, LIM YOK of Apt Blk 66, Bedok South Ave 3, #14-508 Singapore *****6, have applied for a Beer House, first Class Licence in respect of M/s Singapore Squash Rackets Association located at 6A, 8A and 10A Sago Street Singapore *****1, and that this application107 words
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Page 24 Advertisements
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Advertisement9 1999-05-07 24 ihkMl-nzrl MM The full use Imagination THE BEST IMPORTANT9 words
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Page 25 Advertisements
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Advertisement100 1999-05-07 25 NOTICE IS HEREBY GIVEN that I, LEE SIEW TING of 88A Sing Ave Singapore *****4, have applied for a Wholesale Liquor Shop Licence in respect of M/sTyche Italia (S) Pte Ltd located at 88A Sing Ave Singapore *****4, and that this application will be considered by the Liquors Licensing Board100 words
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Advertisement107 1999-05-07 25 NOTICE IS HEREBY GIVEN that I, TAVARAJAN S/O KRISHNAN of Blk 944, *06-495 Jurong West St 91 Singapore *****4, have applied for a Retail Liquor Shop Licence in respect of M/s Jay B Trading located at Blk 909, *01-257 Jurong West St 91 Singapore *****9, and that this application will107 words
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Advertisement101 1999-05-07 25 NOTICE IS HEREBY GIVEN that I, CHONG YUK HEONG of 1A Jalan Dusun, Singapore *****3, have applied for a Retail Liquor Shop Licence in respect of M/a 9-Eleven Mini mart located at No. 1 Rochdale Road, Singapore *****2, and that this application will be considered by the Liquors Licensing Board101 words
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Advertisement106 1999-05-07 25 NOTICE IS HEREBY GIVEN that I, LYDIA PTEY of Blk 472 Jurong West St 41 *10-411 Singapore *****2, have applied for a Beer House, Second Class Licence in respect of M/s Kabayan Filipino Restaurant located at 304 Orchard Rd #0601 Lucky Plaza Singapore *****3, and that this application will be106 words
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Page 26 Advertisements
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Advertisement513 1999-05-07 26 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I THE COMPANIE9 ACT, CAP. SO AND IN THE MATTER OF CHYE HUAT (PTE) LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held513 words
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Advertisement321 1999-05-07 26 COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PUNCAK INTERNATIONAL CAPITAL PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of Puncak International Capital Pte Ltd (the "Company"), duly convened and held on the 3rd day of May 1999 at 3.00 p.m., the Special321 words
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Advertisement238 1999-05-07 26 Going to trade online? You need DBS investor Online! Simply the best research. Cat 438-1188 today. QDHSBANK THE COMPANIES ACT (CHAPTEJt 50) AND IN THE MATTER OF (IN VOLUNTARY LIQUIDATION) HOE SENG STRUCTURAL COMPANY (PRIVATE) LIMITED NOTICE OF FINAL (iEINERAL MEETING Notice is hereby given thai pursuant to Section 308238 words
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Advertisement495 1999-05-07 26 COMPANIES ACT, CAP. 50 COMPANIES ACT, CAP. 50 AND AND IN THE MATTER OF PUNCAK INTERNATIONAL MATTER OF CONSULTANCY PTE LTD PUNCAK INTERNATIONAL (IN MEMBERS' VOLUNTARY CONSULTANCY PTE LTD LIQUIDATION) (IN MEMBERS' VOLUNTARY NOTICE IS HEREBY GIVEN that the LIQUIDATION) creditors of the abovenamed Company, which is being wound up495 words
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Advertisement410 1999-05-07 26 THE STRAITS TIMES CLASSIFIED I YOUR GUIDE TO MORE PRODUCTS SERVICES NOTICE IS HEREBY GIVEN that I.YOSHIM KINOUCHI of Blk 4948 #11-452,Tarapines Ave 9 Singapore *****4, have applied for a First Class Public House Licence in respect of M/s MITO FOOD located at 451, Joo Chiat Road *01-04 Singapore *****4,410 words
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Advertisement424 1999-05-07 26 in i mi. i icn v/r THE COMPANIES ACT, CAP. SO i AND IN THE MATTER OF AT AC (SEA) PTE LTD (In Member*' Voluntary Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308< 1) of the Companies Act Cap 50, that a Final General Meeting of the abovenamed Company424 words
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EXECUTIVE Lifestyle
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Article, Illustration1808 1999-05-07 27 TAN SU YEN - The men talk of golfing or taking delivery of a Lexus after closing a deal. The women show off a Prada pouch here, a Bulgari watch there. Are happy days here again for properly agents? tamsu yen finds out mCOVER STORY TAN SU YEN AT THEPHOTOS BY ARTHUR LEE - 1,808 words
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ENTERTAINMENT
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Article, Illustration672 1999-05-07 28 Susan Tsang - CINEMA Entrapment starts of! promisingly enough, bnt romantic and sospensefal elements soon threaten to twist the film oat of shape Susan Tsang CAN too much of a good thing be bad? Entrapment would seem to support that argument. Putting effort into what you're doing672 words
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STRAWS In The Wind
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Article57 1999-05-07 28 A DINER at a trendy French restaurant in town was taken to task when he asked for a honey and mustard dressing to go with his salad. "That's American!" objected the waiter. "This is a French restaurant. If the chef heard what you said he would57 words
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Article52 1999-05-07 28 AN octogenarian on board the SuperStar Leo was suitably impressed with its many facilities during a recent cruise. He was overheard saying: "Wah, so big and so many things. I hope they also have a police station. I may need to go there if I can't find52 words
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Article109 1999-05-07 28 HOW quickly can you expect someone to respond when he says he will call you back ASAP? When a reporter called a contact, his voicemail promised, with the fervour of an evangelist, to return the call "as soon as possible A-S-A-P". A message was left and several attempts109 words
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Article, Illustration521 1999-05-07 28 Jaime Ee - U CINEMA What happens when an innocent from the '60s walks into the cynical '90s? Will there be a fall from grace in Blast From The Past? By Jaime Ee YOU and I know that canned food shouldn't be consumed a year after its manufacture. Two,521 words
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Article475 1999-05-07 28 Susan Tsang - U CINEMA Good performances notwithstanding, The Other Sister certainly has its limitations By I Susan Tsang PLAYING the mentally-chal-lenged is the perfect showcase for one's acting abilities. Dustln Hoffman managed an Oscar as the autistic Raymond in Rain Man, while Leonardo Di Caprio got a475 words
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EPICURE
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Article, Illustration209 1999-05-07 29 CRAVINGS IT'S Mother's Day this Sunday and the hotels have rolled out quite a few treats for Mums. Mothers who can't resist buffets can stop at the Olive Tree Mediterranean Restaurant at Hotel Inter-Continental. The Sunday Seafood Brunch there is priced at209 words
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Article, Illustration163 1999-05-07 29 THERE was a a dancing mermaid in "Atlantis", a seven-kg python in "Out of Africa" and lots of eats all around. No, it wasn't a movie set but Westin's bash to relaunch its outside catering arm, now christened Events By Westin. In a bid to capture a163 words
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Article, Illustration128 1999-05-07 29 ALL THOSE collectors of Coca-Cola memorabilia out there will be interested to know that the sexy green glass bottle, synonymous with the Cokes of yesteryear, is making a comeback. Coca-Cola in the Boz glass contour bottle is now available in selected pubs, restaurants and supermarkets including128 words
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Article, Illustration86 1999-05-07 29 McDONALD'S Teddy Bear promotion almost caused a stampede in Malaysia-but here in Singapore you still have a good chance of getting a pair of these cutesy bears with every Happy Meal. The bears are also available at $1 with any Extra Meal and at $3 for86 words
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Article, Illustration126 1999-05-07 29 Tan Su Yen - Compiled by Tan Su Yen ALL KINDS of products claim to have anti oxidant qualities these days. The latest is Carotina, a Malaysian-made palm oil rich in natural carotene and Vitamin E. Suitable for use as a cooking and salad oil, Carotina, according to manufacturers Global Palm Products,126 words
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Article, Illustration817 1999-05-07 29 RAHITA ELIAS - Brewerkz has dropped its fusion connections and, under chef de cuisine Eduardo Vargas, is now serving up North American portions with South American hospitality, rahxta elias tucks in RAHITA ELIAS IF YOU'RE planning a night out with both the guys and the gals, you can't817 words
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890 1999-05-07 29 N K Yong - WINE CONNOISSEUR By\ N K Yong NOW THAT the all-important press reviews have come out, the 1998 en primer campaign is in full cry, especially in the case of the right bank (SaintEmilion and Pomerol) properties. Some prices did come out earlier than usual, Valandraud890 words
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Article104 1999-05-07 29 night owl - by night owl SLOWLY, savouring every last drop, I finished my Caipirinha.The band was on a break and the BRIX DJs were in their element. I, however, was intrigued by a group of young men and women who seemed to be eating their drinks. Vodka jellies, as one of104 words
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LEISURE
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Article, Illustration427 1999-05-07 30 Parvathi Nayar - Compiled by Parvathi Nayar THEATRE Flamingo Bar Described as an intermezzo of figures, string puppets and stick puppets, Flamingo Bar combines vaudeville, dance and drama to create a complex piece that deals with remembrance and oblivion. It is presented by Figuren Theater Tubingen and Goethe Institut. Today and427 words
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Article, Illustration723 1999-05-07 30 Parvathi Nayar - NIGHTSPOT It's called, very simply, Bar. And with its classic yet contemporary ambience and soft music, Bar looks set to appeal to a slightly older and more sophisticated crowd By: Parvathi Nayar SOME eight men and four women sit around a long table each with six glasses723 words
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HEALTH & BEAUTY
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Article, Illustration865 1999-05-07 31 TAN SU YEN - Origins Natural Resources Inc not only seeks to make you look good, it also wants to help you feel calmer and better about yourself, tax sir tew checks out the skincare range that makes its debut here next week TAN SU YEN PRAZZLED? Anxious? Feel865 words
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Article, Illustration843 1999-05-07 31 Riadh Abed - BEHAVIOUR Are anorexia and bulimia eating disorders or disorders of female sexual strategy? By] Riadh Abed Riadh Abed is a consultant psychiatrist at Rotherham General Hospital FT EATING disorders were unknown in their present form before the 19th century. Anorexia nervosa was first described inFT - 843 words
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MOTORING
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Article, Illustration1002 1999-05-07 32 CHRISTOPHER TAN - First came Volvo, then Saab. Now, Subaru has joined the game with its own two punchy wagons. Christopher tar checks out the competition CHRISTOPHER TAN IF YOU think stationwagons are a yawn a dozen, it's time to wake up and brace yourself forCHRIS LOH - 1,002 words
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STYLE
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Article, Illustration831 1999-05-07 32 Parvathi Nayar - FABRICS With their futuristic yet antique designs, British designer Nigel Atkinson's wraps are like pieces of wearable art By; Parvathi Nayar I'M meeting English designer and craftsman Nigel Atkinson to talk about his innovative, cutting edge fabrics. But at the moment I feel more like Cinderella as ICHRIS LOH - 831 words
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Article, Illustration699 1999-05-07 33 Airbud. A lonely boy and a dog tackle basketball. Yishun, Tiong Bahru, Century. American History X. Chilling neo-Nazi film with Ed Norton. R(A). Central. Analyse This. When a powerful mob boss tries to get in touch with himself on the psychiatrist's couch, it's kind of hard for his analyst699 words
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Article119 1999-05-07 33 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina Tampines 8 Tiong Bahru Yishun Overseas Movie Clement i/Co'wealth 777-0669119 words
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Page 27 Advertisements
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Advertisement6 1999-05-07 27 Beauty Where and nature meet ELS6 words
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Advertisement7 1999-05-07 27 Style Atkinson's fabulous fabrics EL 6 ml7 words
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Page 28 Advertisements
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Advertisement30 1999-05-07 28 Showing at Cathay, Eng Wah, Golden Village, Shaw, Studio City and United Artists. Rated PG. Showing at Eng Wah, Golden Village, Shaw, Studio City and United Artists cinemas. Rated PG.30 words
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Advertisement22 1999-05-07 28 Showing at Cathay, Golden Village, Eng Wah, Shaw and United Artists cinemas. Rated PG. Off The Cuff will be back next week22 words
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Page 28 Miscellaneous
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Miscellaneous146 1999-05-07 28 CBTPTIC CROSSWORD in time (8) 31 Still getting interference (6) n From highest rank, a fall is YESTERDAY'S SOLUTION of huge significance (5-7) I■ I I■l I I«|>« I■ DuwH 15 Meaning to be a singer (5) I 1 Waterblrd caught in drain 16 Even reversed, it's the same (8)146 words
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Page 29 Advertisements
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Advertisement22 1999-05-07 29 -Tv- N#>*- tf -^wm liprtu ywrwH. Win# Bar, Whi»ky Bar Muiic Bor with liv* «nt»ftamm«nt at th« Grand Hyatt Singapore 738 123422 words
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Page 30 Advertisements
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Advertisement416 1999-05-07 30 Where to wine, dine and (jjaa nHMHHHHB 76 Brmj Basah Road, Singapore *****8 Tel: 338-8333 Fax: 339-6866 Web-site http://www.carltoo.cotn.jg i To a night of I great fun and J entertainment j at Cangtry's H| J Happy Hours t 5.00pm B.oopm Daily M (with complimentary snacks) V 'Live'band V j entertains416 words
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Advertisement157 1999-05-07 30 WIGHTfy lillfiiii Every Saturday, Sunday fir Public Holiday iQP Noon to 5.00pm JSf Adult: $23 Revolving Child: $15+++ «e.t..r..« 19th floor Reservations: -31ManJarin Singapore 333 Orchard Road, Singapore *****7. Tel: *****11 KofUgr's D«ny Hofcl, K*iy, Our famous Sunday Brunch will make her day at the Morriott Cot* Prices start at157 words
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Page 31 Advertisements
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Advertisement172 1999-05-07 31 >ete Grand 5 Wimbledons. Australian Opens. 4US Opens. Number ranking tennis I player |BBB^ He's writing history. Maker some the famous timepieces in history. 99 patents. Over 200 international awards for design. Watches in museums on «Hf HPS tetej iUJ M|2s K fVPSK^ INwKwrtp T'" ■■i■■■■■ 1 Introducing the W172 words
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Page 32 Advertisements
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Advertisement128 1999-05-07 32 II I Ref 016 Refi 022 Aniline Leather. Armchair $2388 j I Aniline Leather $1188 Pbny Skin $1288 J 2 Seat Sofa $3688. 3 Seat Sofa $4788 J Ml* Mahogany I (Gloss or Matt) with Aniline Leather I ppR? I Ref: 013 Ref: 029 (Adjustable height) Reft 012 B <1285128 words
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Page 33 Miscellaneous
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Miscellaneous2138 1999-05-07 33 TODAY'S TV RECOMMENDED VIEWING Premier, la HH t£ n® 2.30 PM TV Innovations. .11 Thp take on the quirky J*®® S l H Se m r 700 News Night. A lit- Uv U Ulu u roioimMoV»ir»o |L o i. 5.00 Kidz Blitzi Little Hippo. 7in ij, b ht th th2,138 words
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Page 34 Advertisements
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Advertisement350 1999-05-07 34 We are now And in celebration, we're offering up to 2% discount on our funds. CMG First State Global 100 Growth Fund ©CMG First State Global Balanced Fund CMG First State Singapore Growth Fund CMG First State AsiaPacific Growth Fund fl CMG First State HB Regional China Fund CMG First350 words
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Page 35 Advertisements
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Advertisement20 1999-05-07 35 In your thirties, you're too young. In your forties, you've got it made. And in your fifties it's too late.20 words
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Advertisement409 1999-05-07 35 brought to you by Citibank Investment Services Start planning for your future today. j Complete the Citibank Financial Needs Analysis Form now. 1 Citibank Financial Needs Analysis Form 1 To find out how much you'll need for your retirement or children's education, please complete this form and mail or fax409 words
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Page 38 Advertisements
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Advertisement70 1999-05-07 38 Be more than just a guest ji r:: y* f, v, '-W& ,J l W& —gfijto, X i I 1 -i**\ iz\J-IS ffijfS- "JKT... > Call Keppel for Membership Financing 222*8-222 I! you're thinking about getting that memberahip, you couldn't hava picked a 'j£*£,. battar time. Or a battar bank.70 words
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Advertisement206 1999-05-07 38 brought to you by [*****] Tat Lee Bank Give us your feedback and win a NETS Cash Card reader The above article is the fifth of a 13-week educational This Cash Card read^^^^^^^Eß^E^^k series on personal finance. We would like to hear your will be given to respondents views on206 words
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Page 39 Advertisements
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Advertisement24 1999-05-07 39 Lost iiour jB B Try finding it at Classification 821 (Found) of The Straits Times Classified. f§t CATS. Buy k. S«fl h. FM it.24 words
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Advertisement134 1999-05-07 39 lAIVS LOAN. afe .jl i v Mj> M WKt *d&mf^tmk Singapore Finance LEFS I Local Enterprise Finance Scheme*) loan can help you achieve your goal. It can be used la modernise, automate factory plant, diversify your business or even to augment your working capital needs. So call Singapore Finance at:134 words
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EXECUTIVE MONEY
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Article, Illustration1069 1999-05-07 40 VEN SREENIVASAN,CLARISSA TAN - Mortgagors may be tempted to switch banks, given the current low interest rates being offered for housing loans, but is this a prudent move? Bankers give ven hhhunivasan and clarxssa taw their opinions VEN SREENIVASAN,CLARISSA TAN WITH all the current hype over cheap housing loans,1,069 words
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UNIT TRUSTS
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Article, Illustration750 1999-05-07 34 GENEVIEVE CUA - Spate of Asian fund relaunches reflect renewed interest in the region, says oomviEVE cua GENEVIEVE CUA IF you're still wondering whether you should buy into an Asian equities fund, you can rest assured. The views on the street are almost unanimous: Asia is the flavour ofFILE PHOTO - 750 words
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827 1999-05-07 34 Risks are cut significantly in diverse portfolio MOST investors shy away from investing in overseas stock and bond markets. They are afraid that they do not understand the market and may be caught napping by any rapid changes. Instead, the typical investor takes substantial amounts827 words
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Article376 1999-05-07 34 CHANGE BENCHMARK CHANGE Top 10 funds 1 Tempteton If Korean/Korea EQ 111.66 Korea SE Composite J 25.87 2 OCBC Savers Korea/Korea EQ 98.47 Korea S£ Composite 126.87 3 Aberdeen Singapore Growth/Singapore EQ 81.37 Spore Straits Times 56.57 4 Schroder Singapore Trust/Singapore EQ* 72.64 Spore Straits376 words
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Investing For Your Future
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Article, Illustration1201 1999-05-07 35 GENEVIEVE CUA - Citibank's software helps address clients' reservations and questions about financial planning, qemeviete cua meets the program's developers GENEVIEVE CUA YOU'RE convinced you need to plan for your child's education, and to plan for your retirement needs. But where do you start? You're uncertain how muchFILE PHOTO - 1,201 words
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Article176 1999-05-07 35 THIS week the spotlight is on the term, the "rule of 72", a commonly used concept in investments which many people are unclear about. The rule of 72 is a simple calculation to tell you how long it will take to double your investment, assuming176 words
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PERSONAL INVESTMENT
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Article, Illustration894 1999-05-07 36 Louis Beckerling - THE FINER POINT The Improving economic outlook has led analysts to revise earnings forecasts, which have in turn helped lift share prices By Louis Beckerling HAS the latest Singapore market rally taken share prices too far, too quickly? The short answer to that question is no andSource: Datastream - 894 words
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Article, Illustration774 1999-05-07 36 Chris Galleymore - IN MY OPINION Chris Galleymore Director of US investments Henderson Investors THE US bull market of the 1990's has been fuelled by the combination of rising profits and falling inflation. While profit growth stalled in 1998, inflation has continued to decline and this hasFILE PHOTO - 774 words
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526 1999-05-07 36 Genevieve Cua - Investors can enjoy higher interest rates on S$ fixed deposits Byi Genevieve Cua LOOKING for ways to make your cash work harder? Well, check out Standard Chartered Bank. The bank is offering a scheme where investors who put their funds into unit526 words
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1338 1999-05-07 36 P*PQW< *nxxin( 1-fflth 3-mth 6-nrtti D«potK tmount 1-mtt) 3-mth 6-mth DB&Bnk flHMMHMHP HS8C A$ A$ S10.000 A24 999 4 1900 4 1900 4 1700 ***** 74 999 3 7500 3 7500 3 8125 A25 000 A49 999 41,338 words
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RESIDENTIAL PROPERTY
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Article1140 1999-05-07 37 Property transactions for districts 9 and 10 (sectors 22 to 23 and 24 to 27) lodged between Mar 27 and May 3, '99. WOKTNAMB PH0P COKTTWCT TENURE BULNN PNCE PSf STHCtr NAME TYPE DATE LANO AREA* (SOFT) (SS-000) (SS) District 9 Air View Tw Apt 05/04/99 FH 14961,140 words
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Article, Illustration505 1999-05-07 37 David Boey - Phase 1 of Botanic Cove well-received since July launch By David Boey WITH slightly over a year to go to the XXVII Olympiad in Sydney, homes in that breezy seaside Australian city are seeing a resurgence of buying interest from Australian home makers and505 words
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Article, Illustration975 1999-05-07 37 CORINNE KERK - Terrace houses in the North East Region and condos in the Central Region saw prices rising by the sharpest rates in Ql, reports corxmme CORINNE KERK PRICES of terrace houses in the North East Region and condominiums in the Central Region saw the steepestFILE PHOTOS - 975 words
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SMART MONEY
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Article, Illustration1088 1999-05-07 38 CLARISSA TAN - Banks offer loans for those who want to join a club and also accepts memberships as collateral for those who need extra funds, says cxjuussa tan CLARISSA TAN JOIN the club. If you're tempted to be a member of that country club near yourFILE PHOTO - 1,088 words
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Article422 1999-05-07 38 These are some questions we've received following last week's feature, "Turning a house into a home", answered by a panel of experts from Keppel Tat Lee Bank. Do keep your questions and feedback coming! Qls What are the important features that a borrower should look422 words
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PERSONAL FINANCE
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Article, Illustration1215 1999-05-07 39 CLARISSA TAN - OUB is currently offering the Global Debit MasterCard while UOB's Visa Electron card will be available from June, OLABissATAir looks at how they work and the differences between the two products CLARISSA TAN TWO weeks ago, two rival banks announced the launch of two differentFILE PHOTO - 1,215 words
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Article, Illustration454 1999-05-07 39 Christopher Tan - By I Christopher Tan BALLOON-FINANCING is getting to be a trend again. Three motor companies, Including a unit of listed Inchcape Motors, have introduced this innovative but controversial scheme. Renault agency Exklusiv Auto started the balloon rolling this year with a low instalment scheme forARTHUR LEE - 454 words
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Page 40 Advertisements
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Advertisement14 1999-05-07 40 HOCK LOCK QTPU7 iJAU WW Takes you behind the news TheßusinessTimes IHOAPOBI i I14 words
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Advertisement43 1999-05-07 40 Balloon car loans take off again, EM 13 K mW^ Plan your finances The quick and easy way. Find out how in our investing series, IMS Join the club All you need to know about club membership financing in Smart Money, |M 1143 words
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Advertisement9 1999-05-07 40 Property Where prices have risen the steepest, EM 119 words
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SHIPPING TIMES
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Article305 1999-05-07 41 Bridge News Reuters TANKERS: Ursa booked the New Venture with the option of the New Victory at an improved ws 40.5 for a May 18,250,000-tonne cargo to the east. The Alandia Fox fixed to DEA at an easier ws 96.25 for 80,000 tonnes from Hound Point to theBridge News; Reuters - 305 words
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Article286 1999-05-07 41 m*t« a CWT Distribution 0.90 -002 410 Chuan Hup 1.00 -0.01 949 Cosco Investment 1.03 -0.01 278 Freight LMu 0.29 0.01 ***** GB Holdings 0.64 0.01 443 Hal Sun Hup 0.71 unch 2101 IMC Hotdings-HK 5.60 unch 0 Jaya Holdings 0.89 -0.01 1984 Juroog Shipyard 7.05 -0.25 333286 words
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Article, Illustration631 1999-05-07 41 Marcus Hand - With hydrostatic balanced loading, VLCCs can continue trading for another five years From Marcus Hand in Yosu, South Korea SWEDISH tanker owner Concordia Maritime has scored considerable success on the VLCC (very large crude carrier) spot market with its 25-year-old tankers, although they631 words
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145 1999-05-07 41 Reuters [OSLO] Anglo-Norwegian engineering group Kvaerner said yesterday that it had not yet decided how to to carry out its plan to quit ship-build-ing, part of the sweeping overhaul of the firm announced last month. Kvaerner has yards in countries rangingReuters - 145 words
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773 1999-05-07 41 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar A POSSESSORY lien is a common law concept under which a person who already has possession of its debtor's property can retain it until the debt is paid. In the case of a vessel that has773 words
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Article, Illustration442 1999-05-07 41 Felix Chan - By Felix Chan [SINGAPORE] US classification society ABS (American Bureau of Shipping) and the Singapore Polytechnic have joined hands to offer a programme for monitoring seafarer training standards under the Seafarers Training, Certification and Watchkeeping (STCW '95) convention. The independent assessment programme442 words
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229 1999-05-07 41 Felix Chan - By] Felix Chan [SINGAPORE] Keppel Shipyard said yesterday it has clinched two conversion projects from Single Buoy Moorings (SBM) which industry sources estimate to be worth US$35 million (5559.5 million). The first contract is for the conversion of the 87,811 dwt tanker Metsovon to a229 words
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Article, Illustration753 1999-05-07 42 AMERICAN SHIPPING US shipping lines should be held to anti-trust laws and steps taken to rein in ship line cartels, justice official says Bloomberg [WASHINGTON] THE US shipping industry should no longer be shielded from US antitrust laws and Congress should consider additional steps to reinBloomberg; FILE PHOTO - 753 words
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Article318 1999-05-07 42 PACE Frota 12 AWL J WIMi 14 Accord 8 Ahrenluel 14 wtr nl 6 AASCO 12 Genshpq 14 Appenship 5 Cl n N,v M Austral 0 Me, <jnM W '2 Avant 14 1 B'tanq Mas 8 3 gjj j Heung-A 4 BTL 14 H< h U Balaji318 words
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Article21010 1999-05-07 49 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyige Telephone ETA ETA Advertiser Vnul Voyage Telephone SIN Dtst'n Nam* Nam* Number Number SIN Dest'n Nam* Nam* Number Number T a Din liu Aa ,x r> nn -> To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cot* D Ivoire 27/M21,010 words
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SHIPS IN PORT
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Article673 1999-05-07 55 Voisal Voy Mo Berth Arrival Departure *4**h*rmcn. 23 Mn«sMt 04.0V2000 JOB ik»w>« 04 05/2300 (Mtutong MW JOT Honptd* 07 05/1500 o* J23 itonqiKM 04 05/0215 6oWm *****9 J01 ilonqiM* 04.05/2300 "tan*« 1*4*99 JOI i ***** KM 0* 05/2300 Stftirdim; MOW JOI Uonotid* 04.05/2300 w 0W J01 04.05/1400 Fr»mwm673 words
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Article1762 1999-05-07 55 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/Bolonco tstlt l| Voy N« Etb/Btr Ptriod From To From coil* o*/*oo u 04/1900 04/1*00 04/1500 04/149* 04/1*00 a M/rroo 07/049* 07/0*00 21 04/" OC 07/0699 0 7/0*00 J 07/0700 07/119* 07/M0Q 4 07/1100 07/W9* 07/1700 MM OWSOCT K M/NOO1,762 words
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Article187 1999-05-07 55 May 13 Indonesia: Ascension Day. Germany: Ascension Day. France: Ascension Day. Austria: Ascension Day. Belgium: Ascension Day. Denmark: Ascension Day. Finland: Ascension Day. Switzerland: Ascension Day BUjrM Germany: Whit Monday. France: Whit Monday. Austria: Whit Monday. Belgium: Whit Monday. Canada: Victoria Day. Denmark: Whit Monday. May 29 Indonesia:187 words
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Article795 1999-05-07 55 THIS report, complied by Cockett Ma rine Oil Ltd. shows price range* in US dollars Instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change795 words
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Article392 1999-05-07 55 Carton 100 Ku 995.1 0.9 19.1 0.10 66 0.09 *#r29 Dentlt« Water NsMut Aih Aluminium SedlireH No aboM £25 1 0 10 0 0 0 TTS- MO Am 967.4 0.4 13.4 0.07 36 0.02 300 Mai 991.7 IJ 19.5 0.09 56 0.04 M/wi »m/m mi No392 words
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AIR & LAND TRANSPORT NEWS
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Article, Illustration433 1999-05-07 56 Foreign strategic partner to be chosen by global bidding Reuters [NEW DELHI] A partial privatisation of Air India has moved a stage nearer when an advisory panel, including senior civil servants, accepted the idea of a 40 per cent sell-off,Reuters; FILE PHOTO - 433 words
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Article, Illustration111 1999-05-07 56 AFX-Asia [CANBERRA] Regulators may ban foreign airlines from flying into Australian airspace if they are found to be at risk from the Year 2000 (Y2K) computer bug. Civil Aviation Safety, Authority director Mick Toller said yesterday. Mr Toller told a parliamentary hearingAFX-Asia - 111 words
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199 1999-05-07 56 [SYDNEY] Qantas Airways Ltd and China Eastern Airlines have signed a code-shar-ing agreement, officials from the two airlines said. Under the agreement, each airline will code-share on two of the other's three weekly return flights between Australia and China from the middle of this199 words
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244 1999-05-07 56 Deal also involves technology transfer, training of personnel AFP [NEW DELHI] India's staterun railway, the world's second largest network, has bought 20 high-speed locomotives from General Motors Corp of the US for US$4O million (Ss6B million), officials said. They said the governmentAFP - 244 words
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LOG Book
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Article69 1999-05-07 56 AFP {TAIPEI] Taiwan's second largest air carrier EVA Airways had ordered three new Boeing freighters to expand its cargo services, a company spokesman said yesterday. It will take delivery of its first 8747-400 cargo aircraft, and the first for Taiwan's airline industry, in 2000. AAFP - 69 words
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58 1999-05-07 56 AFP [HONGKONG] Hongkong-based regional carrier Dragonair on Wednesday announced it was becoming the 11th member of the heavyweight Asia Miles frequent-flyer programme. Dragonair, which flies to 25 destinations around Asia including 16 in mainland China, will join the programme which includes Cathay Pacific Airways andAFP - 58 words
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55 1999-05-07 56 Bloomberg [MOSCOW] OAO Aerofiot, Russia's national airline, said it received its 10th Boeing 737 under a lease contract with Boeing Co, the world's largest aircraft maker. Aerofiot concluded an agreement with Boeing to lease 10 of the 737s in April 1997. The company received theBloomberg - 55 words
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Article1881 1999-05-07 56 CITY FLIGHT ETA FLIGHT ETO N***** IW5 S026 2355 AumiiH AN8230 1900 LM787 2359 LH6381 1900 N***** 2359 ***** 1900 1 S***** 2359 555 S023 0705 KLS44 0040 S09W IMS ***** 0105 SO327 0745 K1843 1730 t»Hl>liPte ***** 1905 CZ354 0910 0*973 0945 KL838 2300 C23511,881 words
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Page 41 Advertisements
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Advertisement29 1999-05-07 41 US shipping Move to stop price-fixing US shipping lines should be held to anti-trust laws and steps taken to rein in ship line cartels, justice official says. Page 229 words
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Advertisement80 1999-05-07 41 India panel gives nod to 40% sale of Air India Foreign strategic partner to be chosen by global bidding. BaokPage vWWW __j a_ Toj psi o a I I I Mil I Any Destination,; Any Time. Sailing sch c d 111 e s r o th e Amer i c80 words
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Page 42 Advertisements
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Advertisement1134 1999-05-07 42 I NORTH AMtRICA I I IXPORT I I OTHtR DfTIHATIONS I SSX SUPER BHUTTLB IXPWtM OtftgCT TO LA WIBT COAST Of CENTRAL AMIWtCA (MABOAWtTA 81RV1CB 1 w |mm now iwwoi mm Houston mcmo mwtom acxxoan NYICASTOR IMSM I 11/ M 11/ M M/H H/M H/M 01/04 03/0* tf/tt MtS MM1,134 words
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Advertisement758 1999-05-07 42 Lines sendees represented u.. Tf Memoers 0" trie 1-m.QS;) b Members o ,tti e ß e9 s»yo» /JVW.I Smgapore ftwght Forwarders VVlggPw Accredited Shipping Agents Assoc tatior Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTU (MONTHLY SMVKi) MV "TBN" ETA SIN 20/05/99 BOOKINGS CALL758 words
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Advertisement1108 1999-05-07 43 TO EUROPE FROM EUROPE msa vot swßrawHAMMVsouFnia vissa vot rtm oh hoi wrv sou fit ta an HTEIOPBOR 31IW 10/05 17/05 20/05 01/0* 24/05 KTDUS Jin IJ/04 17/04 20/04 14/04 00/05 NOIAMAZOMTI 07TN 13/05 05/06 02/04 03/0* 31/05 KMC 52M U/04 20/04 23/04 24/04 12/05 UIOK 527W 14/05 30/05 01/0*1,108 words
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Advertisement1803 1999-05-07 43 shipping ilk F1 II tlth**!*. -Mb 7JH2H HAIUW SMWBM <S) HI UP Igt MOO* SMB *****74 731 POQMBn *****71 774 OnUIKMS ********** MM* UK *****55 MI 7770W0 CMO *****T3000M TO NW USA A CANADA USA CANADA* R V /VOT "«15it7vof I■ I m |01 I"» I w WT I■ 'I1,803 words
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Advertisement404 1999-05-07 43 KSZSa|SBII|pDBBH Iwrpil m iwrgTTl MMWM MS Hi 117/H M/H 111/H |?1/DS |?7/k| I I BPCMSMI -I- I I NtS 11VH|Tl^S|Q/HIIVH ""r BsSLc wK I I 1 BBtmUW N75 [it/Hi H/H N7» |m/H|IVH I I 1 wKf l^fe«-T^g-l HTMBMSWIB PC 71/DS 71/05 38/05 01/Dt 07/0* (MKNOKOK NTS IVH 75/05 W1 H/K404 words
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Page 44 Advertisements
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Advertisement1370 1999-05-07 44 DSR-SENATOR LINES TO UK/CONTINENT TO MEDf IMIHANEANCANADA mm urn ham Irbv Ifm I [*«el |vot j'fi'l an tn rot wi or* tkakku* won en »rr sr ai »os ion ska mnti m« as aor vor aor oom HAKM MALTA MOT MR 21.0R 23 K *4 RR 25 0( 21 IB1,370 words
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Advertisement760 1999-05-07 44 Canter MM COUTH UHES, MC p oSl'mm lrJ\/ VZJ S^L 1 7 80 MU:<OM)»fl7» MAMLA: (632) *****24 POONQ: (04)*****36 BANGKOK: (MB) 2264M7 SURABAYA (31) *****0 P KELAWa (08) *****77 JKT. (21)*****7 MP* (tl) ***** KUPOMQ «QM) *****1-2 CALCUTTA MADRAS MV "ORAM BREEZE" V.915N MV "SEA MARINE" V.SMNO6I ETA SIN: 11-5-99760 words
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Advertisement464 1999-05-07 44 LINE A Tilt MM4B> HUb •SMIH I MUARA I LABUAN I vßsa wr m m msa vor in in sroti muaaj spoof lm CMMAW32 VIOI/W 510/06 CMMAW32 VIOI/W SM 11/05 jpoospb 12/05 is/05 jptospa vioi/w 12/05 u/os CAMUMS32 Vllt/M 17/05 20/05 CAIAKAJK332 VIII/W 17/05 11/05 inOSPB ¥1 11/00 22/05 25/05464 words
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Advertisement1375 1999-05-07 45 VESSEL voy khh hkg sin pkg pqb dxb pmm ba bik I IRAN TAKHTI PJLI346 07/05 10/05 11/05 20/05 21/05 22/05 24/05 25/05 IRAN TABATABAEI PCL-5103 12/05 14/05 18/05 19/05 28/05 29/05 30/05 01/05 03/05 IRAN LORESTAN PCL-5102 19/05 21/05 25/05 25/05 04/06 05/05 06/06 08/06 10/06 IRAN TEYFOURI PCL-51041,375 words
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Advertisement1975 1999-05-07 45 Weekly Direct Colls to Koto (6 Kys) f l Nagoyn (7 Days) Tokyo Doyt) J I ri G rV?« r^.!L«fi.i GE jl!l S J 6 SHENTOH WAY TIL 226 1900 fAX: *****0S OUTWARD (l/l) *****02 JOHORE OFFICE: 15Hn?.7.51!32 NG PTi ITD i,7 MD#s,IDC SAIIS/IKGS *****57/60 INWARD DEPT (D/ 0) *****851,975 words
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Advertisement336 1999-05-07 45 V-—>- Eastern Car Liner, Lm 20HoHi psavSI #07 w (MHGAPORE) PTi LTD 1 SPECIALIZE IH ROUP HEAVY LIFT UPTO 450 TOWS ECI (SINGAPORE) PTE (JD LOADING FOR PORT KLANG/PENANG/BINTULU PORT KLANG/YOKOHAMA/OSAKA MV "LUNA AZUL'V. IS MV "OCEAN BLUE" V.68 c&SL'&Si&L ETA SIN 10/05/99 ETA PKL 11/05/99 ETA PNN 12/03/99 ETA336 words
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Advertisement29 1999-05-07 45 ShippincTimes --BUSINESSCENTRE Find out more about advertising that delivers your business facts through the fax. Your 24-hour round-the-clock instant info access centre to shipping services and products CALL: 740-204429 words
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Page 46 Advertisements
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Advertisement1026 1999-05-07 46 EUROPtAJKACAWDtNAVU^IMUUtD^US^t^^^^^^^^^^ E OEVOTE RW-006 H#£ ***** IE RIGHT RE-03S \Z* SI U4U ZL fS ■E. DEVELOP RW-006 15/05 03/06 09*6 05*6 07/06 MAM 09/06 ERE WAR 0 RE-833 22*4 24/04 71/QJ 7VIU ?7rtU 1~ ■E. DECENT RW-008 \zvk] 10AM 16/06 12*6 14*6 15*6 16*6 %Z JJS I ASIA/MEDITERRANEAN/BLACK SEA/EUROPE SERVICE1,026 words
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Advertisement1292 1999-05-07 46 ~PI| PACIFIC INTERNATIONAL UNES (PTE) LTD N I SSSSSm IB 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 I I m frv m urn m m gang; it m— y h,< y T I fffl at M I iMWMTaMMI H5 iV/S Wi 27/5 Jt/QS S/t I {q'\1,292 words
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Advertisement441 1999-05-07 47 MM* MYANMA Uk FIVE STAR LINE (Myaanar National Lint) 1 loading for Yan goo (Rangoon) YKSU VOY SIN PKL PEN PG4J ■AGO VIO9W PMYA I*3W SIB MALAYSIA Ad NTS: IOUSTEAD SHIPPING AGENCIES KUL IH (03)*****00 PKL: TEL (03)376*101 PHI; HI (04)2****** PGU: TH (07)*****21/4 BANK LINE (A sorvk* of Andrtw441 words
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Advertisement1412 1999-05-07 47 HMNEHYUNDAI MERCHANT MARINE CO., LTD. Ivesa wr I ail sou un »w awt hoi I tv I w I iwssa wr|souiia|nwlAwlwAi»[Tvl wl'S" HYIARON 319W 07/05 24/05 29/05 02/06 03/06 HT DUB 3171 D I Y D 0 (UN G 12/05 mom 013WT 07/05 21/05 29/05 23/05 25/05 MM 5261 23/*****/0411,412 words
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Advertisement1006 1999-05-07 47 V norwegar spec*afeed avtocamen SL.O. ®§®®e TO NORTH AND UTIN AMERICA 'RORO HEAVYUFT SERVICE* VESSEL VQT RAW HEIGHT SIN I LAI at MIA SAV ML OtF NTC NEW MOO TAPKXA F9lO 400 Tom 6.3* "To76T 10/06 19 ~06 22/06 2476*" "*****" 2T7OT 71/04 0376T 06/07 TAMPA F9ll 400 Tow 6.31,006 words
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Page 48 Advertisements
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Advertisement1977 1999-05-07 48 BANOKOK7MAP TA PHUT/LAEM CHABANOI JAKARTA/PAN JANG VESSEL VOY SIN BKK MTP LCtT" VESSEL VOY SIN JKT [~PJN MATHUBHUM 413N 08/05 12/05 11/05 GURU BHUM ***** In Pt 09/05 XETHABHUM" 282N 09/05 12/05 13/05 AHA BHUM 342S 06/06 12/05 CHANA BHUM" 69N 10/05 14/05 ANRO JAYAKARTA* 086 08/05 11/05 ANAN BHUM1,977 words
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Advertisement57 1999-05-07 49 *****51 cwr globelink _SBSS. INTRODUCES LIBYA BENGHAZI WEEKLY DIRECT GROUPAGE •TRIPOLI TOSOUffIAMERICAN PORTS See Our Ad On PG 12 OCENUS SHIPPING AGENCY PTE LTD (EVERY TUES) NEW PACIFIC UNE Our Schedules Are NEW SERVICE On PG 5 FROM ASIA TO PACIFIC SWIRE SHIPPING lIADTII UIECT AGENCIES PTE LTD. M VIII57 words
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Advertisement49 1999-05-07 51 Dial 740-6000 Of! GGfTISnG —(Retrieve more schedules!) Press "1" --JC\ Select the port and key in S»Bbi the four digit code eg: To New York (NYQ 2275 Key in your fax number I your phone number Another innovative service offered by CT The dOCUment Will be SHIPPING TIMES !!1349 words
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Advertisement141 1999-05-07 52 m MltoPfOgK LinemXtd (FOREST PRODUCTS SERVICE) FROM: U.K./ CONTINENT/ MIDDLE EAST TO: FAR EAST EUROPE SERVICE YBSa/VOY SIN LAEM (HAIANG MANILA HONGKONG KEELIING TAW SUM KKU TMA SCARLET SUCCESS V3SA 27/05 01/06 03/06 JUMM/vni/TLUSHMG/JUfTWiSf VISSEL/VOY PKL SIN AUSTRALIA /NEW ZEALAND TBA 20/05 It/OS ■AUYSIA- mm SDN MO TAWAU WIKWN FREIGHT141 words
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Advertisement207 1999-05-07 52 Iii .I'M n^^WT7wnTfT7TTTi7TTTxyTTyyy^f|y^^B SHIPPING LINE if .111 »1 f4 1 kiWI lllk .I I A I n 111 I LIBYA BENGHAZI TRIPOLI IvtssaMM vot.ho woww mmgatom oum [WB dot wcwazi tmtou IMHtI PJtl34s 7304 W 030SW 1 3.05. W jMgggg 10.05U HQS* 13.05W lAIHTI Ml 344 31 04 ft 10207 words
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Advertisement155 1999-05-07 52 ESP LINES WHKLY ICI AMD FCI StKVKI mvmm<M 1 mm mm O*TTA6O*6, MAMAS lANGCM. HOMC KONG HAJUUK IOTTBtOAC KMUT, COtOMO JAAAT A MU AHTWttf maSNM CALCUTTA HOCHMW. KATHOWG REGULAR CONTAINERISED INDONESIAN SfIMCE 1 VBSa/VOTAa stob mt sw wk sx f qggMg !7ftS lifts 12/15 17ftS FHMAi I /M3M34 lifts lifts155 words
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Advertisement950 1999-05-07 53 SHIPPING LINE LTD —ipw 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR HO. 1047W*****0 TEL: *****88 FAX: *****29 (OUTWARD) *****83-4 (INWARD) /*****11 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT HUE: 535 6266 Cella/Jesslca/Mei Chaw/J>slym/D>r«/|yy/H»ilw rniTliirWinniaaßl BSLGS/WEEK IsMldfllAUhM EVERY 4 DAYS I VESSEL VOV SIN JAK wtw ImW950 words
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Advertisement779 1999-05-07 53 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO m *T M w ™I cm m *n gff w WW MljaU J±l2L M/M. MIM. Jj/gL W/o*. Jj/04 Oj/W Jl/07 U/07 20/07 IS/07 70/07 MUMtt/Ma Jj/QL JO/Q*. JiM. J*/o* .QftZOT. QU9L J2/9L JI&L AIM i*/o> 17/00 to/OO 74/00 TO/oo W/W KG VIA779 words
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Advertisement618 1999-05-07 54 THJfH CSI AND 707N 0809/115 14-1605 21 22/05 I TtGtRPEAM 708N 11 11,-05 18-20/05 2S-25/05 I TIGtR St A 709N 14 21 23/05 2&2505 I TKXRftAY 7 lON 1»1ft05 2527/05 0101/06 I TIGER ISLAND 71 IN 21 2205 04 05/06 I TIGER PtARL 712N 25-25/05 01 03/06 0808/06 I IVESSC^^^^VO^^^SIN^CAL^SII^I618 words
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Advertisement872 1999-05-07 54 FREIGHT LINKS EXPRESS *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ASHDOD COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MALTA SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113 flmsOasioonline.net872 words
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Advertisement40 1999-05-07 54 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN PTL DSN ALS EXPRESS 05WB 26/05 06/06 11/06 ALS ENDEAVOUR 06WB 24/06 05/07 10/07 ACCEPTING TO JOHANNESBURG AGENTS: SINGAPORE BEN LINE AGENCIES T«4: *****22 Fax: *****6340 words
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Advertisement1205 1999-05-07 54 lOOCL (Stnoopore) Pte lid CFS Keppel *5 (Mi St OCK Clr #42-00 *****13 MSI3 401-121 J C* NO **********0N 1* 272 7927 r*VL M *****43 f«; 434 2944 Fu: 272 712$ MM*y JmJL Orien* Overseas Container Line (Malaysia) Sdn Bhd (fag Na *****2-m cdf y^Y KttUNGJAYA M 03-754 7774 F«:1,205 words
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Page 55 Miscellaneous
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Miscellaneous104 1999-05-07 55 LEGEND R ThurxJ«r»torm T»mp«roti*« V Show,, W,oth«f -V Wind d*.ct,on wrth ip..d knot Rom Cloudy Sky Wov« h#ight winds or# indicated by arr«w» which fly with th« wind nmm M knM Wqt« h»»ghtt m wwh of 0.9 mttrr 01 0 5 m«tr«, 02 I 0 m«trt, 03 1 3 e104 words
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Advertisement44 1999-05-07 56 W<' put our money wlkmo our mouth is: The l iitth.ins.i Carcjo "P<m loi m.tnee Gu;imiilcc". If wct •mm I Kct*|i ulli ijlldl dlllcc wc* II «ji\/<? yi >11 111 l«> HMI «»f y« »111 in«»ii«:y l».i« I' i j r A ■wmi terb44 words
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