The Business Times, 23 August 2000
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2000-08-23
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The Business Times
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Title Section12 2000-08-23 1 TheBusinessTimes MITA(P) 035/12/1999 85C SINGAPORE Internet: http://business-times.asial .com.sg/ 'WEDNESDAY, AUGUST 23, 200012 words
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Article72 2000-08-23 1 □sn 2£MUa (+9.82) BT-SM MBJI (+8.34) ST INDEX FOTUBES (+32.00) F1 smsci ftjtuees U 29&50 (+5.30) STOCK HAKKET INDICES Tuesday Chance KLSECOMP MM. -LH NIKKEI 226 16,464.74 +414J6 HANG SENG 17,*****—+166S6 SET INDEX 316.48 +182 JAKARTA COMP _JW.10 +2.71 MANILA COMP _1,496*8 +413 TAIPEI WPI 8,118.05 -139.83 SEOUL72 words
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Article75 2000-08-23 1 FOBEX BATES uss s$ US$ L717 £(US$/S$ per 1.484 1548 EX T RO(USS/S$/E) 0.898 1.542 DM 2.176 1J88 YEN 108.3 63.10 RM 3.800 2114 HKS 7.799 4543 BAHT 40.77 2176 RUPIAH 8,150 4,748 FUME BATES SINGAPORE* 5.80 KUALA LIWlH 7.67 JAKARTA ,39.00 BANGKOK .9.50 MANILA 11.00 HONGKONG 8.50 TAIPEI75 words
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767 2000-08-23 1 Ling Su Ann - Ong&Co sees an attrition in the number of both remisiers and dealers By Ling Su Ann [SINGAPORE] Remisiers are asking broking houses for a bigger cut of the fees they generate, two months before the Singapore Exchange is due to fully liberalise broking767 words
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Article, Illustration725 2000-08-23 1 Serena Ng - B&mb&ng among those who cat 41% stake to 12% By Serena Ng [SINGAPORE] Osprey Maritime shares soared almost 30 per cent yesterday after news that its Indonesian shareholders had slashed their 41 per cent stake. The Indonesians, spearheaded by former president Suharto's sonSource - 725 words
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698 2000-08-23 1 Shoeb Kagda - rTiexclusive Plan to attract fresh foreign capital has World Bank backing Front 1 Shoeb Kagda in Jakarta INDONESIA is seriously exploring the idea of converting its huge sovereign debt into equity to pull the economy out of its worst recession in more698 words
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Advertisement149 2000-08-23 1 1 1 MAERSK PULLOUT THE CEO SPEAKS I What Flemming Ipsen, Analysts expect One year from now, I hope j ls>Jt I would be respected as much in J>* if PSA will hit back, A? as I have been in TV L Mm t*scJtt*S j- HU. says j i iney149 words
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Advertisement37 2000-08-23 1 Tnttle over Indon economic team, Pg 12 Meeting The US Federal Reserve's Open Market Committee met this morning to discuss whether to raise the O'jeminht ban*- /enasnc, rjtt. To find out if there was a hike, visit37 words
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Article, Illustration620 2000-08-23 2 Teh Hooi Ling - Editor Leslie Fong expects the units to be profitable from day one By Teh Hooi Ling [SINGAPORE] Singapore Press Holdings will set up English and Chinese units to produce TV news and current affairs programmes to sell toAFP - 620 words
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Article, Illustration394 2000-08-23 2 Shoeb Kagda - His Bimantara has sold stakes in several firms, including Satelindo From\ Shoeb Kagda in Jakarta HAVING seen his business empire collapse with the onslaught of the economic crisis, Bambang Trihatmodjo, the younger son of former president Suharto, is now attempting to put his394 words
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ON THE grapevine
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Article106 2000-08-23 2 THE infamously dull reputation of accountants is richly deserved, according to US research. It shows they are born, not made, and their naturally dull personalities lead to their choice of career. Their inherent tedium also leads them to enjoy the lowest quality of life of all professionals,106 words
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Article107 2000-08-23 2 SO what are the most important things people learn by the time they hit the big 50? Well, here are five things it took humorist David Barry 50 years to learn: L Never under any circumstances take a sleeping pill and a laxative on the same night. 2.107 words
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Article, Illustration439 2000-08-23 2 Corinne Kerk - (totting Personal By Corinne Kerk Whos Tan Ching Khoon, founder and chairman, Transview Holdings A#K44 Claim to fame: Mr Tan started Transview, a golf equipment distributor, in 1984. Back then, the company sold golf clubs of lesser-known brands. In its first year, Transview performed poorly439 words
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Advertisement71 2000-08-23 2 RdMbh StCustombed Executive Search Looking for business Opportunities? Be m FRANCHISINC2OOO September Singapore International Convention Exhibition y i ti h i Centre (SICEC) FRANCHISING2OOO 200 participants from over International 18 countries r- r r i. Conference, Seminars Leading brands like Delifrance, Jani King.Tutor Time. Workshops Informatics Kenny Rogers 19-22 September71 words
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SINGAPORE companies
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246 2000-08-23 3 CSA Holdings was caught flat-footed by minority shareholders yesterday over a query on what some have dubbed "ghost shareholders". The issue was the shareholdings of Montego Assets Ltd. Shareholders wanted to know how Montego, which held 9.3 million shares or 7.2 per cent in CSA246 words
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718 2000-08-23 3 wong wei kong - HOCKinraism wong wei kong IF the government really listens to some of the industry feedback on the Supplementary Retirement Scheme when the final plan comes out next year, it will be substantially different from what was proposed a few months ago.718 words
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Article, Illustration1111 2000-08-23 3 Ven Sreenivasan - AGM explanations on transparency and dividend evoke mixed feelings By Ven Sreenivasan COMPUTER Services Corp (CSC) is still intent on delisting CSA Holdings from the Singapore bourse. This was put across in no uncertain terms by CSC's representative on CSA's board.SIEW YAW HOONG - 1,111 words
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405 2000-08-23 4 David Boey - Results exceed' 99 gronp profit, firm sees H2 sales surpassing Hi's By David Boey SESDAQ-LISTED Trek 2000 International yesterday reported net interim earnings of $4 million, eclipsing its 1999 full-year group profit. And it expects second-half sales to exceed the record set405 words
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411 2000-08-23 4 Conrad Raj - Profit rises despite operating income falling 2% to $172 m By\ Conrad Raj HONG Leong Finance has shrugged off a drop in operating income to post an 11 per cent rise in interim net earnings. Singapore's biggest finance company yesterday posted a411 words
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312 2000-08-23 4 Eugene Low - Hy\ Eugene Low BOOSTED by a one-time exceptional gain of $18.7 million, Intraco's interim net profits ballooned 185.9 per cent to $16.2 million. Excluding the exceptional gain, which arose from the exchange of Insurance Corporation of Singapore shares for DBS Group Holdings312 words
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267 2000-08-23 4 ECON International said yesterday that the expected revenue figure it gave on Monday for a Korean light rail project was wrong the collection for the first year would be US$l3O million, and not US$l.3 billion. The US$l.3 biUion figure was carried in media267 words
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Article, Illustration512 2000-08-23 4 Kalpana Rashiwala - CEO's 800,000 shares include one-off options given to reward and retain staff By Kalpana Rashiwala DBS Land president and group chief executive officer Ed Ng is sitting on a $216,000 paper gain from options he has just accepted. He accepted an512 words
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268 2000-08-23 4 Vivien Ng - Byy Vivien Ng THE Fraser and Neave Group (F&N) has acquired an 8 per cent stake in a Hongkongbased technology company in a bid to grow its information businesses in China. The US$l7.6 million (5530.2 million) investment in CyberCity Holdings268 words
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269 2000-08-23 4 EASTERN Asia Technology said substantial shareholder EAH International Holding (EAHI) has received approval from the Taiwan Stock Exchange to issue and list up to 60 million Taiwanese Depository Receipts (TDRs) to investors in Taiwan. EAHI is now awaiting approval from the Taiwan Securities269 words
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286 2000-08-23 5 It also expects business growth in mainland flhina tn resume Reuters NETWORK systems integrator Datacraft Asia Ltd said yesterday it would get more involved in the telecommunications infrastructure business in Taiwan as the country further deregulates the industry. "Taiwan has over theReuters - 286 words
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281 2000-08-23 5 WOMEN who swear by Eu Yan Sang's famous Bak Foong Pill for relieving menstrual cramps will soon have scientific evidence on their side. Consumer healthcare group Eu Yan Sang said yesterday its Hongkong subsidiary has tied up with the Chinese University of281 words
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COMPANY Briefs
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119 2000-08-23 5 AFX-Asia ACMA Ltd said it has yet to finalise talks with parties interested in acquiring or merging with one of its Internet units, Propertybuyer.Com. It said Propertybuyer.Com, consistent with its business strategy, "has from time to time carried out discussions with various partiesAFX-Asia - 119 words
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Article106 2000-08-23 5 FU YU Manufacturing saw turnover jump 57 per cent to $141 million for the half year ended June 30. Net profit was up 4.9 per cent at $9.4 million. Earnings per share came in at 2.1 cents, up from the previous 2 cents. The106 words
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103 2000-08-23 5 LEE Kim Tah Holdings reported a 12 per cent higher interim gain of $4.8 million on 43 per cent higher sales of $57 million. Earnings per share improved from 1.07 to 1.2 cents. The company said rental income in the second half103 words
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Article, Illustration521 2000-08-23 5 Kalpana Rashiwala - AIA is the buyer, paying $850 psf for the Tampines block By Kalpana Rashiwala SOMERSET Holdings and SembCorp Construction are selling an office building in Tampines Finance Park for about $122.8 million or about $850 per sq ft to American International Assurance (AIA).521 words
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Advertisement459 2000-08-23 3 0 Corporate reporting is undergoing a revolution, driven by market demands tor greater transparency, and accelerated by the power of new technology. This will have a profound effect on both the preparers and users of financial statements. Seminar Outline and Key Benefits of Attendmg This interactive seminar will provide an459 words
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Advertisement139 2000-08-23 4 Mergers Regional Taxation ii CfIUISItIOTIS |^Malaysia• Indonesia• Thailand• Philippines 31st August 2000,9.00 am to 5.30pm September 2000,8.30 a.m. to 5.30 p.m. Inter-Continental Hotel, Singapore Marina Mandarin, Singapore Are Current Valuation Methods Appropriate? What are the Tax Laws Governing Malaysia, Thailand, Indonesia, and Philippines? Determining Optimum Valuation Technique 9 What Anti-Tax139 words
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Advertisement203 2000-08-23 5 *Jtl Pftß "J I B bHB S <IB F 9BPW TE.& *i IHr 1 w j~ jwr /^^^^lpilll^l PQ K #■*S| v |fl| 1 ~>, v. ■k; e-business is changing the way you manage your data. k I e-business needs to handle huge amounts of data, including mufti-media that »often203 words
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SINGAPORE markets
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Article, Illustration560 2000-08-23 6 r. sivanithy - l^lgcomment STOCKS r. sivanithy IT was a relatively lazy but nevertheless firm day in the local stock market yesterday as big funds opted out ahead of the US Federal Open Markets Committee meeting overnight. Despite the widespread belief the560 words
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Article, Illustration192 2000-08-23 6 R Sivanithy - WARRANT WATCH ity R Sivanithy PENNY warrants topped the percentage gainer's list yesterday, although it must be pointed out volume was relatively low. Still, we will keep our focus here on the hope serious retail interest will eventually return. And until it192 words
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Article, Illustration232 2000-08-23 6 Ven Sreenivasan - HOT STOCK By' Ven Sreenivasan OSPREY Maritime shares grabbed the limelight yesterday, leaping a whopping 20.5 cents or 28 per cent to finish at 93 cents their highest close since July 1999. About 11 million shares changed hands. The surge came after reports that Osprey's232 words
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Article122 2000-08-23 6 ♦SEMBCORP Marine, through its wholly-owned subsidiary, Sembawang <->« Shipyard Ltd, has incorporated a private limited company, Sembawang Shipyard Services Ltd. ♦BRITISH and Malayan Trustees Ltd will be trading cum dividend of $0.56 per share of $10, less 25.5 per cent tax on Aug 21. It will be trading122 words
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Article483 2000-08-23 6 Stocks Votunw NewWave 5c. 16,315.000 ITechGrp 4c 14.669,000 Cytech HK5c 13,354,000 Osprey M US 10c 10,995,000 Umsted 5c 10,806,000 Ionics P$1.00 8,497.000 AddvafTech 2.5c 8,090,000 Econ Inti 20c 7,910,000 SingTel 15c 7,422,000 K1 Ventures 10c.... 7,345,000 Stocks DBS Grp 44,348.835 SPH 34.154.780 City Dev 50c 28,754.020 UOB 21,214,620 SIA 20,923.300483 words
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Advertisement593 2000-08-23 6 N SIA-p. f Energy and E-Commerce Thg New Frontier 5 s I APPEC 2000 CONFERENCE WHO SHOULD ATTEND TOPICS SPEAKERS Executives from national and independent oil companies, government *O kjt T JfcVn Information Technology agencies, research and consultancy I Will Mr. C. David Hall companies, refinery operators and President Chief593 words
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Advertisement111 2000-08-23 6 YOU CAN NOW PUT YOUR CPF SAVINCS IN EICHT. important All applications for units in eight must be made on the application forms accompanying the prospectus investors must read the prospectus The value of the units ana the income from them may fall as well as rise >I<l >r.s <111 words
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SINGAPORE news
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277 2000-08-23 7 Andrea Tan - It will take a 50% stake in London office site to be developed into a 6-storey building Byi Andrea Tan PIDEMCO Land has tied up with UK's Grosvenor to develop a prime office site in Moorgate, London, for $130 million. Pidemco277 words
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Article, Illustration341 2000-08-23 7 Eugene Low - By Eugene Low INDERJIT Singh, entrepreneur and MP for Ang Mo Kio GRC, has made his first foray into the life science sector with a US$l million (551.72 million) investment in local biotech start-up Lynk Biotechnologies. The company was founded by Professor341 words
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Article, Illustration279 2000-08-23 7 Marissa Chew - ■Ru=Ton the economy tourism By Marissa Chew SINGAPORE is attracting more visitors, but their average length of stay dipped in April. Figures from the Singapore Tourism Board show it eased 2.2 per cent to 3.09 days. But the small fall is an improvementSource: STB - 279 words
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Article, Illustration539 2000-08-23 7 Marissa Chew - Geylang, Kim Ke&t sites, not sold in Jane, are np for sale By] Marissa Chew THE Urban Redevelopment Authority (URA) yesterday launched the sale of two sites one near Tanjong Pagar station and the other at Lorong Chuan. It also offeredSource: URA - 539 words
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Article, Illustration489 2000-08-23 8 Audrey Tan - He says onions must change to meet workers' needs in New Economy tty- Audrey Tan TRADE unions can help workers negotiate for a new social contract which is suitable for the New Economy, National Trades Union Congress (NTUC) chief Lim Boon Heng489 words
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Article, Illustration314 2000-08-23 8 System means extra staff won't be needed to keep library queues under 5 mins THE National Library Board will save up to $50 million a year through its new Electronic Library Management System or ELiMS. NLB chief executive Christopher ChiaFILE PHOTO - 314 words
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341 2000-08-23 8 The second will come within 12 months after that: CPF THE Central Provident Fund top-up announced by Prime Minister Goh Chok Tong will be paid in two equal payments, the first in January 2001 and the second within 12 months from the341 words
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362 2000-08-23 8 Thomas Wan C K - mail ran Thomas Wan C K I REFER to Denis Distant's letter "Curb short-selling, or explain why not" (Mailbag, Aug 18) and strongly agree it is time that SGX and MAS should do more to curb short-selling and be more proactive in market monitoring362 words
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Article, Illustration251 2000-08-23 8 Ganesh Sahathevan - KL bank, debt issues nothing to lose sleep over? Ganesh Sahathevan IN his article "Don't lose sleep over Clob in the next 13 months" (BT, July 10), your writer Eddie Toh said investors were being overly pessimistic about the KLSE's future prospects. In support of Malaysian companies listed on theREUTERS - 251 words
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Article106 2000-08-23 8 Radhika Iyer - Radhika Iyer I REFER to the letters, "Forget buybacks, just give shareholders excess cash" (Mailbag, July 31) and "Even Buffett was circumspect about buybacks" (Mailbag, Aug 17). As an SLA shareholder, I agree with Narayana Narayana that surplus funds for which the directors cannot find106 words
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Advertisement54 2000-08-23 7 w-w 1 /lA^.^iiHlCyv'^^^ «S?tiii^jWSpfv}^ Jiu^ Cbirw' ~^^-^s^^^M^'CN&ii^Bco^^i2E^^^fc(i^HKBßlSSsg^^BK3^i^^lS?^Bß^v*^y v«S?»fl!k W Now there's a reason to go to a cybercafe without piaying a network shoot-em-up. If you read our jjfc•.£** 11 BjwlVf nil I;Hi T j II confronts tough issues, poses challenging questions and presents provocative opWonOA^ Septembe participating cybercates _j_ I54 words
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Advertisement85 2000-08-23 8 We we/come letters. E-mail us at btletter@sph.com.sg or fax us at *****71, or write to: The Business Times, Times House, 390Kim Seng Road, Singapore*****s. We need your full name, address and telephone number, so we can verify it came from you. Please use temperate language, and bear In mind libel85 words
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Advertisement19 2000-08-23 8 184 FACTORY/ WAREHOUSE SALE Check out the special offers here to bag great bargains. fit The Straits Times Classified19 words
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e-NEWS
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e Briefs
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93 2000-08-23 9 Reuters [LONDON] US Internet firm AltaVista has aborted its trail-blazing plan to offer flat-rate Internet access in the UK, pointing an accusing finger at Britain's dominant telecoms carrier. AltaVista said late on Monday it was scrapping its proposed service, less than six months afterReuters - 93 words
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48 2000-08-23 9 AFP [HONGKONGJ Hongkong's Internet giant Pacific Century CyberWorks yesterday said its Japanese subsidiary will build a US$4O million (5168.4 million) television/website studio with Sony Corp in Tokyo. CyberWorks said that Pacific Century CyberWorks-Japan will form a strategic business alliance with Sony. —AFPAFP - 48 words
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Article66 2000-08-23 9 Reuters [TOKYO] Two major Japanese electronics manufacturers may jointly develop a new handheld computer with mobile phone functions, possibly in a bid to target the European market, company officials and local media said yesterday. Sharp Corp and Mitsubishi Electric Corp would use Europe's GSM standardReuters - 66 words
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67 2000-08-23 9 Bloomberg [MELBOURNE] Telstra Corp, Australia's No 1 phone company, said it scrapped plans to sell some of its online assets to Solution 6 Holdings to focus on other joint projects that the companies are working on together. Telstra, which owns about 24Bloomberg - 67 words
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Article122 2000-08-23 9 Reuters [NEW YORK] Low-income Web users are going online at three to four times the rates of wealthier groups that favour upscale financial or travel sites, a US study published on Monday found. Market research firm Media Metrix of New York said a surveyReuters - 122 words
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361 2000-08-23 9 TOKYO But it denies report of deal with AOL on mobile Internet services in the US AFP JAPAN'S largest mobile phone operator NTT DoCoMo Inc yesterday said it was looking at taking a majority stake in the Japanese arm of America OnlineAFP - 361 words
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285 2000-08-23 9 LONDON Reuters BRITAIN'S financial services regulator is forcing websites to stop publishing summaries of newspaper share tips, saying it constitutes illegal financial advice, two Internet companies said on Monday. The Financial Services Authority is telling websites it is illegal for them to reprint theReuters - 285 words
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369 2000-08-23 9 PALO ALTO, California Brokerage first to do transactions across Global Trading Web Reuters PEOPLESOFT Inc was scheduled to announce yesterday that it had helped set up for customer Credit Suisse First Boston (CSFB) an online exchange, claiming that the brokerage was the first companyReuters - 369 words
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337 2000-08-23 9 NEW YORK AP THE National Geographic Society announced on Monday that it is taking a 30 per cent stake in iExplore, an online travel agent that offers trips to more than 150 countries through an array of tour operators. Neither organisation would discloseAP - 337 words
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Article, Illustration51 2000-08-23 9 [BEIJING] A woman yesterday walking by an Internet ad at a computer exhibition in Beijing. The proportion of women using the Internet rose to 25.3 per cent in June from below 15 per cent during the same period last year, according to the China National Network Information Centre.AP - 51 words
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479 2000-08-23 9 NEW YORK Morgan, Chase take top two places thanks to their roles in three large deals Bloomberg Goldman Sachs Group Inc fell from the top spot in advising on Internet mergers in 1999 to No 8 this year, yielding leadershipBloomberg - 479 words
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250 2000-08-23 9 HONGKONG Reuters HUTCHISON Whampoa Ltd, China National Petroleum Corp (CNPC) and PetroChina yesterday announced an agreement to establish a business-to-business (B2B) Internet portal for the oil and gas industry in China with total investment of US$l5 million (5595.7 million). InReuters - 250 words
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Advertisement143 2000-08-23 9 jA NAME :lieroedeB-Benz E-Class rjjfr«jS AGE :7 years old -^^a OWNER :llr Simon Wong jUKM^^ OBSERVATION :Barta worn MEDICAL RECOMMENDATION: B9 I 25% OFF ALL GENUINE I 1 SPARE PARTS FOR I E-CLASS W124 MODELS* V L Cycle Carriage celebrates Singapore National Day with a 25% Is discount 1 on143 words
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EDITORIAL & opinion
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Article, Illustration662 2000-08-23 10 paul samuelson - mr.\4 I bottom line OPINION paul samuelson The writer is an economist at the Massachusetts Institute of Technology ECONOMICS is not an exact science. It does have important laws and wisdom. But rarely are they simple. Here is an example. Are truly independent central662 words
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Article144 2000-08-23 10 'Professional troops might have emotions, but they keep them inside. That is the job of professional troops, not to become emotional.' -HartUCWock an expert on the Indonesian military, on commanders who shrug their shoulders at soldiers taking sides in civil conflicts by saying: 'Oh. they have become144 words
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637 2000-08-23 10 EDITORIAL PRIME Minister Goh Chok Tong's call during his National Day Rally speech last week for a change of mindsets presents a challenge that corporate Singapore ignores at its peril. For it is evident that especially with the emergence of the New Economy, the rules637 words
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Article, Illustration1393 2000-08-23 10 Leon Hadar - They are less inclined to respond to Gore's populist cry having enjoyed prosperity under Clinton From\ Leon Hadar in Washington ON the eve of the Democratic National Convention in Los Angeles, public opinion polls indicated that the Republican presidential candidate,FILE PHOTO - 1,393 words
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793 2000-08-23 10 Caroline Baum - COMMENTARY By' Caroline Baum The writer is a columnist for Bloomberg News. The opinions expressed are her own Bloomberg THIS election, the two presidential candidates tell us, is about the people versus the powerful (A 1 Gore) or the people versusBloomberg - 793 words
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REGIONAL news
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Article, Illustration425 2000-08-23 11 Eddie Toh - It dismisses fears shorter settlement cycle will deter individual investors From] Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange has confirmed that it will implement the shorter settlement system of three market days after the trade (T+3), from T+s in December.FILE PHOTO - 425 words
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308 2000-08-23 11 BANGKOK Bloomberg THAILAND scrapped a plan to sell state-owned Siam City Bank, saying Newbridge Capital Ltd and other potential buyers weren't willing to pay enough. Siam City Bank's bad assets will instead be split from its books and sold toBloomberg - 308 words
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MARKET moves
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Article66 2000-08-23 11 Bloomberg MBF Capital Bhd dropped 22 sen, or 36 per cent, to 38.5 sen, on speculation it plans to write down its share capital to repay debt, shrinking shareholders' investments. A company official denied the speculation. It was the most active stock with 8 millionBloomberg - 66 words
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Article63 2000-08-23 11 Bloomberg EARNINGS worries hit large Malaysian stocks yesterday. Telekom Malaysia Bhd, the country's biggest phone company, dropped 30 sen, or 2.8 per cent, to RM10.60. Sime Darby Bhd fell 12 sen, or 2.8 per cent, to RM4.16 on concern earnings will be hurt by declining palmBloomberg - 63 words
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67 2000-08-23 11 Bloomberg INVESTMENT company Camerlin Group Bhd fell 12 sen, or 2.9 per cent, to RM4. The company, which controls a 24 per cent stake in Air New Zealand Ltd's owner, Brierley Investments Ltd, reported a loss of RM113.7 million (5551.3 million) for the six monthsBloomberg - 67 words
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433 2000-08-23 11 KUALA LUMPUR It proposes to bay only banking and broking operations Reuters MALAYAN Banking Bhd (Maybank), whose original bid to buy Phileo Allied was stalled over pricing, is believed to have made a fresh offer to acquire it, the Malaysian Business Times newspaperReuters - 433 words
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Article, Illustration1502 2000-08-23 12 yang razali kassim - INDONESIA Old ideological clash between wyoyo-led technocrats and 'pro-sovereignty* economists returns to centre stage yang razali kassim WHOEVER makes up the new Indonesian Cabinet, one thing is for sure: the economic team will form the backbone and be pivotal in determining the economy's recovery, orAP - 1,502 words
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440 2000-08-23 12 JAKARTA This includes multimedia and the Internet Reuters Bloomberg FOREIGN companies should be able to hold up to 95 per cent of telecommunications firms in Indonesia in line with a new regulation throwing open the lucrative sector, an official said yesterday. "TheReuters; Bloomberg - 440 words
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288 2000-08-23 12 MANILA AFP THE Central Bank of the Philippines is to punish five foreign banks and a local bank for speculating on the embattled peso, central bank officials said yesterday. Central bank governor Rafael Buenaventura confirmed in a radio interview yesterday that hisAFP - 288 words
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386 2000-08-23 12 MANILA New role barring brokers from trading on own account will take effect next year Reuters THE Philippine Securities and Exchange Commission yesterday gave brokers until Dec 31 to liquidate their stock positions before a rule prohibiting brokers from trading on their ownReuters - 386 words
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409 2000-08-23 14 Institutional response to last week's share auction was lukewarm Reuters [TAlPEl] An underwriter for Taiwan's state-owned Chunghwa Telecom has set the price for Chunghwa's initial public offering (IPO) at NT$lO4 following a disappointing response to its share auction last week. Chunghwa's IPO is theReuters - 409 words
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Article, Illustration60 2000-08-23 14 [TAIPEI] A Taiwanese mother and child walking at the seafront in the northern port of Keelung ignore rain and powerful winds brought by Typhoon Bilis yesterday. The typhoon pounded Taiwan with strong winds and torrential rain as it approached the island, and workers shut offices andREUTERS - 60 words
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Article276 2000-08-23 14 MCALGARY Li Ka-shing firm's takeover of Renaissance will create the 4th largest Canadian oil group Reuters LI Ka-shing's Husky Oil Ltd is close to annexing Renaissance Energy Ltd with Renaissance shareholders on Monday approving a Cs3 billion (553.5 billion) takeover of the company by the HongkongReuters - 276 words
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407 2000-08-23 14 BEIJING It will improve prospects for CNOOC listing, say analysts FT ROYAL Dutch/Shell is intensifying its commitment to China with plans to invest up to US$4OO million (Ss6B4 million) in the initial public offering of the country's third largest oilFT - 407 words
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303 2000-08-23 14 NEW DELHI New licensing rules will allow them only 10% stake: report Reuters INDIA'S central bank, which is expected to unveil revised licensing rules for private banks, will allow corporate groups to hold only a 10 per cent stake in new privateReuters - 303 words
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Advertisement199 2000-08-23 11 fm RecruitingMoesn'tsop 1 K IsSl^i people The Internet changes the way companies manage Human Capital. The best people are not just hard to get hold of they're hard to keep. Companies embracing the new age are creating dynamic, flexible people cultures that help retain their talent. People Soft's new generation199 words
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Advertisement122 2000-08-23 12 1 —H > Since 1975 our worldwide staff of over 275 multi-disciplined professionals I a y ■< including lawyers, chartered accountants, a V chartered secretaries and bankers have i M provided confidential and cost effective •J company formation in all the major low f ffl ,aX including Incorporation Fees from122 words
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Advertisement61 2000-08-23 14 fJolllin J^H j degree course five years m±%J < Why so jL the polys prepare adequately for a Or glass for poly workplace to a log on to to us you '-'aH^H J8 s I ewteW I—- f j IkV A I BahvM Ji|d|^^H hail kl .Jf JJ*mß& Mm ,K*61 words
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Page 15 Advertisements
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Advertisement173 2000-08-23 15 10 th Anniversary Celebration Sale! A voucher worth $10 is given away for every $50 purchase during our 10 th Anniversary Celebrations. This Voucher exchangeable The Dazzling Jewellery Event of the year awaits you. For 10 days only, our exclusive tie-up with international diamond cutters enables us to offer you173 words
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WORLD news
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427 2000-08-23 16 SEOUL About 6% of Chung's over 9% stake has been sold in the market AP SOUTH Korea's largest conglomerate, Hyundai, bowed to pressure from creditors yesterday and sold 6.1 per cent of its founder's 9.1 per cent stake in its carmaking firm, company officialsAP - 427 words
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Article, Illustration708 2000-08-23 16 WASHINGTON Fed chief betting saturation-induced slowdown will emerge Bloomberg FEDERAL Reserve chairman Alan Greenspan is an expert student of the economy. On the psychology of consumers, though, he's still learning. "I have been strongly advised that shopping is not solely an economic phenomenon," he saidBloomberg - 708 words
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Article, Illustration454 2000-08-23 16 LONDON Three-digit identifier, other details most be given on unsigned purchases FT CONSUMERS will have to give far more information to retailers when using credit cards on the telephone, Internet or by post under a joint initiative fromFT - 454 words
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365 2000-08-23 16 NEW YORK Bloomberg INVESTORS should take a closer look at the hidden costs of employee stock options when considering buying shares of Yahoo! Inc. Broadcom Corp or JDS Uniphase Corp. among others, said Pat McConnell, an analyst at Bear, StearnsBloomberg - 365 words
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618 2000-08-23 16 NEW YORK They cite the huge bond sales and cat in telcos' credit ratings NEWSH.UI'm-l Reuters CREDIT experts are warning in a battery of new reports that the bonds of telecommunications companies, already among the worst performing bonds this year, are unlikely toReuters - 618 words
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300 2000-08-23 16 ZURICH Reuters ÜBS AG, one of the world's largest managers of private and institutional money, reported a drop of 3 per cent in assets under management in the second quarter as it struggled with difficult markets and outflows of client funds.Reuters - 300 words
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Article, Illustration1203 2000-08-23 17 Gary Silverman, Joshua Chaffin - The former LTCM chief has lost none of his chutzpah, say Gary Silverman and Joshua Chaffln Gary Silverman, Joshua Chaffin FT FOR two years, John Meriwether has been trying to make amends. Since his Long-Term Capital Management hedge fund fell apart in 1998,FT - 1,203 words
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Article483 2000-08-23 17 SEOUL Signs of financial market instability hit spending official Bloomberg SOUTH Korea's economic growth slowed in the second quarter as companies and consumers scaled back spending and exports of electronics and other goods slowed. Gross domestic product grew 1.1 per cent from the previousBloomberg - 483 words
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244 2000-08-23 17 LONDON Reuters MOODY'S Investors Service said in a statement on Monday it sees Lloyd's of London's losses in the 1998 to 2000 years of account totalling over £3 billion (557.7 billion), after previously estimating losses of just over £2 billion. TheReuters - 244 words
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Page 16 Advertisements
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Advertisement98 2000-08-23 16 Corporate Advantage M m M A For more information fl or reservations, H H please s 1U 7 (65,*****67 effective in August n (65 298-2038 Superior Room Complimentary Local Calls and Hailv Mau cnonor Alt ru,es are subject "> lo</r service charge. allU Udlly llCWapdptr government tux and J% GST.98 words
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Advertisement27 2000-08-23 16 d=l=l=#l If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call CA.T.S. at 1800-737-1166. t Another Classified Service27 words
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Advertisement323 2000-08-23 17 ©7 The 25th FAEA Annual Conference MONETARY AND FINANCIAL MANAGEMENT IN ASIA IN THE 21ST CENTURY Date: 7-8 September 2000 Venue: Orchard Hotel Singapore The Federation of ASEAN Economic Associations was established in 1976 as a union of economic societies and associations in Southeast Asia. The FAEA currently comprises the323 words
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FINANCE & commodities
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323 2000-08-23 18 Chan Yet San - SGI Derivatives Trading/feporfe CT Index/MSCI S'pore Index Chan Yet San THE Singapore stock market closed higher yesterday with the Straits Times Index gaining 9.82 points or 0.45 per cent to end at 2,210.51 points. Within the index, 27 counters advanced while 18 declined and323 words
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253 2000-08-23 18 Chan Yet San - MSa Taiwan Index Chan Yet San THE Taiwan stock market gave back some of its gains last week to end lower. The MSCI Taiwan Index fell 5.1 points or 1.4 per cent to close at 358.45 points. A total of 574.92 million index component253 words
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Article195 2000-08-23 18 ENERGY REPORT Reuters [LONDON] Oil markets made fresh gains yesterday as a hurricane swept towards the biggest refinery in the West. The European Union said it had made contact with Opec to voice concern over high fuel import costs. Hurricane Debby, threatening to disrupt theReuters - 195 words
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Article320 2000-08-23 18 Reuters London THE euro fell to two-week lows against the US dollar yesterday after a surprisingly weak German business sentiment survey which was seen as reducing the chances of an aggressive interest rate increase in the euro zone. Even the higher-than-ex-pected rates in the European Central Bank's weeklyReuters - 320 words
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Article, Illustration1233 2000-08-23 18 MTERBAME CROSS RATES Au g 2 > AS C$ *mb Euro Ffr On HK$ (wd Bs KypUfc Yen Wow Ml IIZSMih >wo S$ Band Sfr OT$ Bafct PwK US$ Australia 0.869 4.886 0.655 4.295 1.281 4.589 26.893 47.963 0.638 6.556 2.236 L313 32.103 26.444 1.010 4.103 1.023 18.294 23.996 0.3961,233 words
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Article1779 2000-08-23 18 SICOM FUTURES Aug 22 RUBBER (futures dosing as at SJOpai) RSS1 CONTRACT(S cenh/lq) ClOM Mw Ope* «A V Rvonxn nign low mix iionMs/ mitrvsi Sep 00 1 Sl75 1 Oct 00 115.25 Nov 00 116.50 Occ 00 117.75 RSS 3 CONTRACT (US c«*Vk«) Vofcne Open Moat* HI* Low Soft (twos)1,779 words
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STOCKS east asia
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Article, Illustration2850 2000-08-23 19 HONGKONG AFP F1 Hang Seng +16&80 HONGKONG share prices rose one per cent yesterday, led by financial and property stocks amid optimism that the Federal Reserve would leave US interest rates unchanged, dealers said. The key Hang Seng index gained 166.80 pointsAFP - 2,850 words
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Article, Illustration965 2000-08-23 19 Reuters P Shenzhen Blndei 434 CHINA B share indices ended down sharply yesterday after heavy, volatile trade as local investors cashed in their counters late in the session after the hard currency shares hit threeyear highs. The Shenzhen B share index ended down 2.47 per cent, or 3.34 pointsReuters; Source: Credit Lyonnais Securities (Asia) Ltd - 965 words
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Article369 2000-08-23 19 AFP QWP Index -139.83 TAIWAN share prices closed 1.7 per cent lower yesterday on worries over the island's economic outlook, dealers said. The Taiwan Stock Exchange weighted price index fell 139.83 points to 8,118.05 points, on a turnover of NT577.97 billion. "The lower-than-expected results of July's export orders haveAFP - 369 words
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2020 2000-08-23 19 TOKYO AFP HWklM2g *4MM SHARES in Tokyo jumped 2.6 per cent yesterday on gains in high-tech shares following a rise in New York's Nasdaq market, brokers said. The Tokyo Stock Exchange's key Nik-kei-225 index closed 414.56 points higher at 16,454.74 points. The Topix benchmarkAFP - 2,020 words
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Page 19 Advertisements
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Advertisement7 2000-08-23 19 Communication Tools Just imagine life without them.7 words
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Advertisement187 2000-08-23 20 A 1 y i d g I I f I S I I i i v; m f f J i j j^v.'^<fywiiii l "#r>- I'd lim to subscribe to L P^*Oj£Crti X fa&V£ Carid 6 «,4 it I jEf I oftzs, w/tid Y&yJ ct*Y &nd sy^rY^ijjs r j j187 words
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STOCKS klse
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Article, Illustration406 2000-08-23 21 AFP Q Composite Index -151 MALAYSIAN shares ended 0.2 per cent lower yesterday after profit-taking reversed earlier gains, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 1.51 points to finish at 807.89 points. The second board index was down 1.03 points atAFP - 406 words
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Article9371 2000-08-23 21 INMISTIIALS Cmsmmt pnMs 2000 Lm« Vol Day Nat Cap t— CW|ll> Ml -000 —1 L— P/I <20 JK) A|inomoto 370 20.2 150.0 m 62 tnguu 66 -I 21 67.5 64.5 97 3 670 290 Apo4o Food Htg 468 unch 5 468 46® 102 187.2 3725 2700 BAT 50C 3475 -259,371 words
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Page 21 Advertisements
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Advertisement35 2000-08-23 21 IPO. Shares. Bonds. Stocks. Annual Reports. Whatever you're offering, we help you reach out to 86.7% of all adults in Slnqapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu 1800-741-188335 words
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SGX clob & regional stocks
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Article3128 2000-08-23 22 BOMDS& WARRAMTS Aug 22 M vm* m imtT U-M Lot Ml Mr HalQaHi ki% IudI Can tiar Mm MIh Lot -1" Mi CtOOk W# Lot fey* Mhr Maa MWMl Mm (HI l»lil|T laft 51.5 12.5 s Acma ******4 14.5 unch 123 15.5 14.5 14.5 15 15 41.0 1 300 1693,128 words
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Article, Illustration776 2000-08-23 22 AFP P SET Index *M 2 THAI shares rose 1.2 per cent in thin and rangebound trade yesterday, with firmer regional markets encouraging modest short-term buying, dealers said. The Stock Exchange of Thailand (SET) Composite Index closed 3.82 points higher at 316.48 points. The SET 50 index rose 0.31AFP - 776 words
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Article287 2000-08-23 22 AFP n Composite Index -*423 PHILIPPINE share prices rose 0.3 per cent yesterday with bargain-hunting in selected blue chip stocks, dealers said. The Composite Index closed 4.23 points up at 1,496.98 points. Volume rose to 567.9 million shares worth 477.1 million pesos. —AFP fct«22 Pese 000) MRC Allied 0.40AFP - 287 words
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Article, Illustration706 2000-08-23 22 AFP H Composite Index +2.71 INDONESIAN share prices closed marginally higher yesterday due to a stronger rupiah and improved political sentiment ahead of the announcement of a new Cabinet line-up this week, dealers said. The Jakarta Stock Exchange Composite Index closed up 2.71 points, or 0.5 per cent, atAFP - 706 words
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Article282 2000-08-23 22 AFP nHBE-40 -1037 NEW Zealand shares fell 0.5 per cent yesterday as investors took a cautious stance ahead of the Federal Reserve's decision on US interest rates. The NZSE-40 Capital Index closed down 10.37 points at 2,096.60 points, on a market turnover of NZ5160.6 million. —AFP A* 22 K>AFP - 282 words
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Article554 2000-08-23 22 AFP QAH Ordinaries +14,0 AUSTRALIAN shares recovered from early wobbles to rise 0.4 per cent to another record close yesterday, fuelled by a combination of strong profit reports and takeover rumours, brokers said. The All Ordinaries Index closed 14.0 points higher at 3,312.9 points and the SP/ASX 200 roseAFP - 554 words
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Article313 2000-08-23 22 AFP Q Composite Index +16.03 SOUTH Korean share prices rose 2.2 per cent yesterday with the Composite Index up 16.03 points at 738.61. Volume was 300 million shares. AFP **«22 »w An«K Stmt _....n250 400 Br«inTtcl» 860 -10 Ccntrd Bank 685 uoch Ch»M Comm *****0 -1000 Om Ou BankAFP - 313 words
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Page 22 Advertisements
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Article9984 2000-08-23 23 iirar'iinttfiiikiLjiiL *«*wmsm r SGXMAINBOARD Transaction date:Aug 22 52-Wk Last Vol Day Last Ouote Olv Dlv YM Nat Cap Ayg Hlgfc Lw Cumumi Sala COOP) Hlffc L—> Bwyr SaWar Cw P/t $mll Prke MULTI-INDUSTRY 163 101 m e Ac mi 50c 117 »2 94 119 116 116 117 59,984 words
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Page 23 Advertisements
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Advertisement53 2000-08-23 23 —J >t» h•« MI 6 7 Ml I I OFFICIAL COSMONAUTS CHRONOGRAPH (fl" „,0-- v°^ T s JMW^ U I I 0F THE TRAINING CENTRE STAR CITY 9'/ since 1912 swiss Authorised deolers Cortmo Watch (Paragon 235 0084 Rallies City: 339 9185] Deluxe Eastern (Centrepoint) 235 2536 Roy Eastern Watch53 words
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MONEY matters
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Article, Illustration978 2000-08-23 24 larry wee - I-I i comment CURRENCIES But optimism may slip if Fed issues stern inflation warning overnight or disagreements mar formation of new Indonesian cabinet larry wee IT looks like another good week for regional currencies, backed by strong macro-num-bers in Singapore, Japan and Australia, an increasing beliefSource: Reuters; Source - 978 words
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Article, Illustration755 2000-08-23 24 Rosemary Fu - This conld happen if Fed stays hand on rates, but S Koreans conld face problems By\ Rosemary Fu The writer recently joined the research team at Standard Chartered Bank here as fixed income strategist. This article is not an invitation to invest BT and itsREUTERS - 755 words
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Page 24 Advertisements
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Advertisement918 2000-08-23 24 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 I IN THE MATTER OF THE COMPANIES ACT. CARSO AND IN THE MATTER OF FUNGLIM INVESTMENT (S) PTE LTD I Incorporated in the Republic of Singapore 1 At an Extraordinary General Meeting of the members of the abovenamed company918 words
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Page 25 Advertisements
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Advertisement247 2000-08-23 25 Where to wine, dine and entertain..rt 1 <>> fiss&Sr W BBBHB j mV)) iiPiiiitti s#; uVI pS^B^Sis DaSy happy hour* 5.00pm B.oopm (aH house pour drinks at Sss+++) Pianist Performance hours: 6pm 9pm (Tue Sat) Bpm -11pm (Sun) Live Band Performance hours: 9pm lam (Men Sat) 76 Bras Basah Road,247 words
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Advertisement86 2000-08-23 25 available for: private parties company dinner and dance conference seminar and meeting. HOTEL GRAND CENTRAL LIMITED 22 Orchard Road/Cavenagh Road, Singapore *****7 T«t 737 9944 Fax: 733 3175 f CAFEFONWU Unlimited International Buffet with Specialty Corner Lunch: $19.80 Adult $12.80 Child (Deity except Saturday, Sunday PuUt Hobdays) Dinner $22.80 Adult86 words
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Advertisement118 2000-08-23 25 Hotel Asia 37 Scotts Road We bring back the pleasures of charcoal barbecued food at only J29 00 a platter containing a variety of seafood and meats such as stuffed squids, prawns, beef/chicken satay. sliced frsh, beef. lamb, chicken fillet as well as chicken wmglets But if you want more,118 words
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Advertisement144 2000-08-23 25 Come and enjoy our food with a group of colleagues and friends. Book a table of minimum 10 persons at lunch or dinner in either of our restaurants, and we will arrange to (etch you to the hotel and transfer you j back by shuttle coach. Term■ Htlid from Monday144 words
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Advertisement137 2000-08-23 25 COURT DINING At Pine Court Chinese Restaurant LUNCH 12 noon 2.30pm DINNER 6.30pm 10.30pm Reservations 831-6262 jm. Tftia )33 OrcKjrd Road. Singapore 2)8067 W: 717 4411 Fan; 712 2J61 luhcU WtH\ o*\g C<*npUt»\g*\f*ry $o£f JlrtnW. Meste** YlSo+*+ At Garden Terrace Bar Grill, you can enjoy a breezy pooUlde meal with137 words
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Page 25 Miscellaneous
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Miscellaneous905 2000-08-23 25 lilti:I»nM1 ffal^O-llil 7?° Singapore At Work. 2.02 to 6.00 am Real-time onn am win fontrai' c„ co J3O w Candid Camera. 5.00 Mastura. Financial Data. m"sfr£t BJO ShiwbSS 5 Wanita Dan Pemuda (MM Meeowi. uo «J0 Ma™k tM AM 1030 Tweenies. 10.00 Charmed: That Old 7.00 Fikir Fikir Challenge 2000,905 words
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Miscellaneous324 2000-08-23 25 CRYPTIC CROSSWORD ACROSS 4 The selfish creature is to get off 1 Bringing lads close to break- 7 down in Southern Spain (5,3,3) 5 Makes clear charm s no longer 7 Promenade with a game Ameri- pleasing (6,3) can lawyer (7) 6 Po,e possibly given ancient 8 Simple and single324 words
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THE CEO speaks
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Article, Illustration1037 2000-08-23 26 QUAK HIANG WHAI - THINKING BIG Robert Chua, well known on the television circuit, now wants to make his mark on the Internet scene, reports quae hxamg whax QUAK HIANG WHAI Robert chua is well-known enough on the television circuit. As a Hongkong television pioneer, he has not only givenFILE PHOTO - 1,037 words
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Page 26 Advertisements
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Advertisement188 2000-08-23 26 RIVILEGE BANKING CEO SPEAKS. UOB PRIVILEGE BANKING LISTENS. M 1 I {ri v i lege At UOB Priv ,e 6 e Bank n 6- we translate ever y in deposits or unit trust investments. Admittedly, Privilege Banking ""w bank ing CEO's vision into results. Which is why we'll isn't for188 words
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SHIPPING TIMES
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Article255 2000-08-23 27 Reuters THE Baltic Dry Index (BDI) shed one point to 1,628, the Baltic Panamax Index was unchanged at 1,564, the Baltic Handy Index firmed two points to 1,114 and the Baltic Capesize Index fell six points to 2,215. At 1345 GMT, BIFFEX was unchanged from Friday's close andReuters - 255 words
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Article295 2000-08-23 27 SGX *000 «*22 HI CWT Distribution 0.77 -0.0! 35 Chum Hup 0.40 unch 355 Cosco Invastmant 0.20 unch 30 FrttaM LMu 0.19 0.01 VM CB Holdings 0.62 unch 0 Hal Sun Hup 0.36 0.01 307 IMC HoMlngs-HK 5.60 unch 0 JayaHoldinqs 0.18 unch 386 KappalCorp 4.04 0.06 943295 words
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Article, Illustration629 2000-08-23 27 Donald Urquhart - MAERSK PTTII mi I Analysts ask if other customers will continne to enjoy efficient service By Donald Urquhart [SINGAPORE] Maersk Sealand is confident that its 30 per cent stake in the new Malaysian Port of Tanjung Pelepas (PTP) estimatedFILE PHOTO - 629 words
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866 2000-08-23 27 Seafarer - STRAIT TALK By Seafarer THE European Shippers' Council (ESC) wants unlimited liability for shipowners in the event of an oil spill. It has said so formally to the European Commission (EC) and intends to put forward detailed proposals later this866 words
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207 2000-08-23 27 ANN TOH [SINGAPORE] PSA Corp's Italian joint venture terminal Voltri Terminal Europa (VTE) yesterday announced a sterling 48 per cent growth in container throughput for the first half of the year as a result of the favourable Italian economy and its clinching new clients andANN TOH - 207 words
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402 2000-08-23 27 Donald Urquhart - Rates to go up on Far EastWest Asia trade fit/] Donald Urquhart [SINGAPORE] Another round of freight rate hikes has been announced, this time by both the main line carriers and feeder lines operating from the Far East to the Indian sub-continent. A grouping of 11 major carriers has agreed402 words
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Article, Illustration121 2000-08-23 27 (SINGAPORE] Keppel Singmarine Dockyard, a unit of Keppel Hitachi Zosen Group, delivered a pearling vessel to an Australian pearl producer yesterday. The multi-functional vessel, christenend Nalena Bay, was delivered ahead of schedule to Blue Seas Pearling Company (BSP Company) and is the121 words
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MAERSK pullout
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Article, Illustration805 2000-08-23 28 Eileen Ng - Pelepas port will lure shipping lines not only from Singapore but also from other Malaysian ports as well Eileen Ng AFP [KUALA LUMPUR) Following the decision by giant container line Maersk Sealand to shift its regional transhipment hub from Singapore to Malaysia's Port ofAFP; FILE PHOTO - 805 words
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Article307 2000-08-23 28 PAGE ECU Line 6 ANL 3 ESP Lines 13 Accord 8 Emvew Ahrenkiel 14 foongSun 8 Appenship 5 Frt Links 14 AsiaOCL 13 Fuha 7 Assets 8 G L Austral 8 Gemartrans 6 Avant 14 Genshpg 13 B'tang Mas 8 Global '3 BSA 7 Glory Mav 14307 words
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Article21241 2000-08-23 35 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Destn Name Name Number Number To BUENAVENTURA (BUN) 2059 Colombia To ABIDJAN (ABJ) 2003 Cot* D Ivoire qs/ot n/w nyk norsul icarai oiin bs wou] 30/0821,241 words
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SHIPS IN PORT
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Article774 2000-08-23 41 Vessel Voy No Berth Arrival Departure Aug Triumph 1o5 21/06/23 00 23/06/12:00 Km Jing I J22 22/08/5:25 24/06/12:00 Chun Fu 800 J07 22/08/7:00 22/08/18:00 Spc Capricor <***** J12 22/08/7 05 22/08/1900 Rachmanuel 2 13/00 J03 22/08/6:50 23/08/23:00 8t Later Ba ***** J01 22/08/8:10 22/08/20:15 Bt Re) J *****774 words
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Article1957 2000-08-23 41 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CAR60 Book log/IMance Rstls Ship Voy No Etb/Btr Ported From To From ACI HlltSCUS 0421 21/2:00 II 21/1SM 2V1*5* 2V1W0 2A 21/1700 22/0659 22/0*00 21 2VH00 22/0*5* 22/0*00 22/0700 22/115* 22/MM MA AHUM 4MS 2VBM 21/1500 2VM* 21/1*00 2A 21/1700 22/065*1,957 words
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Article184 2000-08-23 41 Aug 27 Philippines: National Heroes Day. Aug 28 United Kingdom: Summer Bank Holiday. Aaf 31 Malaysia: National Day. Sep 12 Korea: Harvest Festival Day. Taiwan: Mid-Autumn Festival. Sap 13 Hong Kong: The day following Mid-Autumn Festival. Sep IS Japan: Respect for the Aged. Sep 23 Japan: Autumnal Equinox184 words
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Article799 2000-08-23 41 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges 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 indi cated. The Cockett Bunker Price Index799 words
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Article512 2000-08-23 41 Carbon 180 Max 990.1 O.i 18.1 0.07 79 0.05 Aa« 17 Density Water ResMve As* Aluminium Sediment No above E25 0 0 4 0 0 0 380 Ave 987.7 0.6 115 0.07 34 0.03 Ehn 380 Max 997.3 6.9 17.4 0.17 73 0.07 WW in M/M512 words
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AIR & LAND transport
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Article, Illustration590 2000-08-23 42 Passengers will also be given better information abont flight delays, cancellations AP [WASHINGTON] US Transportation Secretary Rodney Slater announced plans to relieve some of the country's air traffic choke points and to give passengers better information about flight delays and cancellations.AP - 590 words
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317 2000-08-23 42 Reuters [MONTREAL] The union representing pilots at Air Canada said pivotal contract talks had broken off, a development in the four-month labour dispute that raises the prospect of a paralysing strike at Canada's dominant airline. In a statement, the Air Canada Pilots Association,Reuters - 317 words
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220 2000-08-23 42 AP [ROME] Alitalia is cutting some Asia and Africa routes, saying rising jet fuel prices have made those long distance runs unprofitable. The Italian carrier will suspend services to Sydney, Nairobi, Addis Ababa and Bangkok. International fares also will go up by an averageAP - 220 words
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Article, Illustration49 2000-08-23 42 [ORLY] A DC-10 of the AOM French airline is parked at Orly airport. The French civil aviation authority (DGAC) has warned AOM that its licence to run passenger flights could be revoked unless engine problems on its fleet of DC-10s are resolved. AFPAFP - 49 words
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142 2000-08-23 42 Reuters [WELLINGTON] Auckland International Airport Ltd said yesterday it was raising landing and development charges. It said landing charges would rise 8.5 per cent on Sept 1, followed by further increases of 5.0 per cent on Sept 1 in both 2001 and 2002. The developmentReuters - 142 words
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368 2000-08-23 42 JAL, ANA, J AS to lower fares on flights from Tokyo to Fnkuoka daring Sept-Oct Bloomberg [TOKYOJ Japan's three largest airlines say they will lower discount fares on a regional route in September and October in response to an earlier fare reduction byBloomberg - 368 words
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Article, Illustration255 2000-08-23 42 Reuters [PARIS] United Airlines has ordered 12 Airbus Industrie single-aisled aircraft, exercising options originally placed in 1998, the European aircraft consortium said. Airbus said the firm orders were for six A3l9s and six A32os. The A 320 has a list price of US$5O million (SsB6Reuters; AFP - 255 words
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Article2005 2000-08-23 42 an man n* mar ro MMM* UUIO I85C "M* VH/S0741 1310 WS0742 0905 LM6381 1850 SO/VN175 *30 SO/VNT76 1035 $0230 aso vk/***** vno Amsterdam U.0843 0435 U.0838 2255 'MO 7 680 '<>408 1640 S023 0645 ****** 2325 IMMI *r97 *15 »r98 2135 6*979 »35 5032* 23252,005 words
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Page 27 Advertisements
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Advertisement83 2000-08-23 27 US unveils plans to lessen air traffic delays, Back Page t UNICORN MARITIMES (INDIA) PVT. LTD. Estd. 1986 r §SMMLHaMRMKiS-i I SHIP AGENCY PROFESSIONAL I I CHARTERING HANDUNG DRY BULK I I CREW MANNING EDIBLE OILS J Unicorn House, 95 Coral Merchant St 3rd Floor, P.0.80x 1858, Chennai-*****1. Tel. *****5583 words
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Page 28 Advertisements
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Advertisement1373 2000-08-23 28 1 NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS SSX SUPER MBECT TO LONG BEACH WEST COAST OF CENTRAL AMERICA (MA ROAR IT A SERVICE) vtssa vot THT nosw lawm oruas Houston oocago wwtorr ■cocoon wssa vot PS*"! praunml acajuua saniqrhuo comito ptuum wanvßrnm quT OOdJAPM 44(514 23/01 21/1,373 words
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Advertisement724 2000-08-23 28 Lines services represented by Members of ibe Registry of Members of ihe kVSSF-V ccret^' Sb'PP<ng Agents, Singapore Logistics Singapore Shipping Association Association ULY UNE MALE VISSII Tvoy Tiew Timi Tn* p. KIAMG SPORE MALE Empress Uly VO7OO 27/08 30/08 06/09 Princess Lily VO6OO 13/09 15/09 23/09 Empress Lily VOBOO 30/09724 words
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Advertisement1075 2000-08-23 29 TO EUROPE FROM EUROPE Ivpsa voy I sn rtm anr ham rrv sou fit leu I lypsa voy I rtm anr ham Mtv sou fxt uh swl ELBE 542W 24/08 14/09 13/09 14/09 11/09 HYADMRAI 3271 05/00 02/01 03/00 31/07 24/00 LA LOIRE 536W 25/08 10/09 12/09 15/09 14/09 HY1,075 words
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Advertisement1642 2000-08-23 29 @0i stWMf Wvici HiHm* HANJIN SHIPPING iMsMroln. -Sde *****30 HAHIIN SHIPPING (S) PTILTP Unw in >00*1X0 *****35 737 SAiK *****74 731 OOCUMtW *****/1 774 OfHUTKHK *****50 751 WIN LlWf *****55 fU 53*1145 CI NO **********0 M TO NW USA A CANADA USA CANADA* Ft* VSL/VOT W I IH NAIA/VOY StA1,642 words
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Advertisement446 2000-08-23 29 rasa vov _s«j_ pkg voy sin hkg m usn pus *b*el voy sw jkt sui hyunoai sprinter m n/m oi/w ovw os/w ot/w —ffi gfl gfl 31/ M AGVKRfT 01* 2i/0l 30/01 01/W MWC WISAK 012S o]/W 03/W IMGA S IMS 03/W 05/W 07/W TETE HOMERS QMS 77/W 04/01 10/W446 words
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Advertisement1535 2000-08-23 30 C SENATOR LINES TO UK/CONTINENT TO MEDITERRANEANCANADA K«L VOY sm ItM HTM AMI HAM »HV FU VESSEL VOY *S»T" GIT Sft Kg WC NTH POHANG SENATOR OBI3W 27 M MM 11M lIM 12 M 13 H 14M CHOYAUG CHANCE MMW 24 M 10 M 12M 14M "SIT ~aM HAHJMNEWYOftK 0107W1,535 words
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Advertisement1008 2000-08-23 30 p A 1 MAC-HELS S'PniF M'QIA CaiTtan MN COW In LINES, INC P. GUOANG: (07) 30*3728 I~IYV \_2_J I*MTHIO«i SSU: (064)*****9 MAMLA: (632) *****24 PENAWO: (04)*****36 BANGKOK: (662)*****67 SURABAYA: (31)*****11 P. KEIAWG: (03) *****77 JKT: (21) *****46 KIX36MQ (082) *****1-3 MAWZANILLO IMEXICQI MV "SCANDIA" V.2902E ETA SIN: 30-8-2000 VALPARAISO MV1,008 words
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Advertisement721 2000-08-23 30 EXPRESS CONTAINER FEEDER FOR N SHEVA (CFS MUIUNO MUMBALCOLOMBO ALSO ACCEPTING TO AU NORTHERN ANO WESTERN 1.C.0 POINTS VMMI S PORE N SHEVA COLOMBO PKLANG CAPECREUS VIIIW 27 AUG 05 SEP 09 SEP IS SEP CAPE CANAVERAL VI2BW 03 SEP 12 SEP 11 SEP 22 SEP TULSIDAS Vl3O 10 SEP721 words
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Advertisement1724 2000-08-23 31 IQVESSU VOY HKG KHM I SIN I PKI PXB NAB PMM BIK IRAN HORMOZGAN PCL-169 23/08 25/0# 30/08 31/08 07/09 08/09 12/09 14/09 IRAN TEHRAN PCL-170 01/09 03/09 07/09 08/09 IS/09 16/09 20/09 22/09 IRAN TABATABAEI PCL-171 07/09 09/09 13/09 14/09 22/09 23/09 26/09 28/09 IRAN KERMAN PCL-172 13/09 15/091,724 words
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Advertisement1310 2000-08-23 31 lb: SNIKOi EVERT 1 HHMN I XIAMEN TWiSDAY I DAIiAN EYEiY SUDAY J I" GENERAL AGENTS IN SINGAPORE 80 ROBINSON RD TEL 226 1900 FAX: *****08 OUTWARD (8/1) COSTAR SHIPPING PTE LTD *12-00 SALES/BKGS *****57/43 INWARD DEPT (D/ 0) *****86 COSTAR AGENCIES (HA) SDN BHD a> NO: **********00 SINGAPORE *****81,310 words
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Advertisement1097 2000-08-23 31 iutopi iXPKESS sarvig EXPORT IMPORT vron j vot |si ta m l anp ham mn ~wT vtssa vot rtn wan ifu ibi si PORTUGAL SEN 011W If/00 IS/09 17/09 11/09 19/09 20/09 21/09 Hi COPENHAGMOO4I 03/01 OS/M 07/00 I 10/08 27/00 IUMFIANOKO. 018W .05/ 09 22/09 24/09; 25/09.' 26/09] 27.1,097 words
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Advertisement1050 2000-08-23 32 menca export VESStL/VOTAGt I SGf [RDM HBG THP 1 ZEI laHwJuW L OTHAABC RWOII 76/ M M/ 09 16/09 18/09 19/09 71/09 70/09 lill I I F ALSO ACCEPTING CARGO TO AND FROM:- FINUM, DENMARK, SWEDEN, RUSSIA t NORWAY MHXTItRANgAH/HACK SEA/iUKOff SiHVKPES EXPORT VTSSB/VOTAGt I SGf |G» VKN CXS Tow1,050 words
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Advertisement792 2000-08-23 32 PACIFIC INTERNATIONAL LINES fPTB LTD 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********0E 1 livtssa vot m std mmm m. tin OKiumiri 003 >i/» 4/9 10/9 u/9 jj/H I I ivtssn vot wo sw m «i w mc wsn in fi iw in 7ic~ sh^Ji I lUNGA792 words
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Advertisement375 2000-08-23 32 SO TELOK BLANGAN ROAO #02-02 CITIPORT CENTRE STORE *****6 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSa m. Ett ETD DESTBMTON MMUKWA 35,70*) 23W2M HWM PKL BALAN KAfiURI 117 M 2MEI2M 246K2M MUNTDK LMAMU MM 2MMM 2MBON PONTMNAK For enqaines and bookings please contact SEASPACE375 words
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Advertisement488 2000-08-23 33 BSA x mm MYANMA pBBk FIVE STAR LINE (Myamnar National Line) Loading foe Yangon VESSEL VOY SIN PRL PEN PGU SAGAJNG MW SID Simw MW 31/ M MALAYSIA AGENTS: KXISTIAD SHIPPING AGENCIES KUL Til 03-*****00 PKL Til 03-*****101 PIN: HI 04-*****02 PGU: HI 07-*****21/4 BANK LINE (A service of Andrew488 words
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Advertisement1375 2000-08-23 33 HMMEO HYUNDAI MERCHANT MARINE CO., LTD. IVBSB VOY SW SOU 1 181 I RIM I AMT I HAM IWV jVESSa I VOY I SOU IL» I RTB I ANT I HAB IMVI SM I EIM 562W 24/01 11/09 16/09 13/09 14/09 HY JUMBAL 3271 31/07 05/08 02/08 03/01 24/08 LALOKI1,375 words
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Advertisement811 2000-08-23 33 vOOv WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERKA "CAR RORO HEAVYUFT StRVICt" VESSEL VOT RAMP HEIGHT SIN IK MAO MiA SAV ML Off NYC NEW MOB TEXAS AHOI7 4001 ms U* 77/U 2S/09 03/10 06/10 25/10 10/10 11/10 13/10 17/10 20/10 TOM AHOIS 400 Tow 6.3 M 10/09 09/10 17/10811 words
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Page 34 Advertisements
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Advertisement1643 2000-08-23 34 VESSELS VOY SW 1 PKL JED MLA L£H RTM HAM ZEE SOT SAUDI YAWBU Y36W 23/ OB 24/06 31/06 O&Q9 10*09 12/09 13*09 16*09 17/09 VILLE DE MIMOSA V39W 26/06 29/06 07/09 12/09 17/09 19T09 21*09 23/09 24/09 ALSO ACCEPnNC CARGO TO AU- U K. DESTINATION. SCANDINAVIAN tAARHUS. COPENHAGEN. GOTHENBURG)1,643 words
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Advertisement11 2000-08-23 35 oMin Port of Tanjung PeJepas RELIABLE EFFICIENT ADVANCED IB IcoiM ■■HP11 words
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Advertisement53 2000-08-23 37 YANGON See Page S Daily See Page 14 COSTAR SHIPPING PTE LTD EAGLE CORPN. (PTE) LTD COCOS CHRISTMAS ISLAND IA DA U BADTC WESTERN AUSTRALIA IHTIM T VIII VII Turn to Page 8 Daily TURN TO Page 7 rMi LLU ASSETS SHIPOWNERS ft MANAGERS PTE LTD NTL NAIGAI TRANS LINE53 words
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Page 38 Advertisements
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Advertisement52 2000-08-23 38 ffifoman, limes n i n «kmw *21 WM Ht w nw to mm pmu pad [Ml an oot hou moo mm SAM HOUSTON 01 27/00 29/01 31/00 03/09 I 04/09 IDI 30/09 04/10 11/10 10/10 12/10 STOWWm Mason 01 U 27/0« 10/09 23/09 U/09 25/09 29/091 30/09 23/10 27/10 03/1152 words
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Advertisement50 2000-08-23 38 aaeM#aa ll metroport snipping sdn. bnd. f£lMj4 SINOKOR MERCHANT nJ^t^^nooPtftiHMwDniawMrdi PT< T MARINE CO LTD KgSSSgM U f«: 603-M***** i-adk Mtrts ei%ii H i ji y cvdmt FARWIDi SNIPPING AGENCIES PTE LTD KFOKT Tel: 721-8822 (5 Ums) Fm: 224-IJI4 CT: CHOYAN6 ML fOtT KUW6 MSN: UISAM WIS; WSAH KWT: KWAMCTAWG50 words
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Advertisement62 2000-08-23 38 SHIPPING* WAREHOUSING Baton: Singapin.- I juling Daily Mun to Sal (BATAMINIX) l/lII> Accepting KlX\mvenlmnal/PnijaVHeav> Ijft Carpi Reefer Container Ihrtoa: Singj|**v Ijudinj; Moa Wed ihn (BATAMINIX) D) Accepting K1 X'on\enocmal/Project Hea\\ Ufi Cargo T«fc 227 0322 Fax: 222 9330 Int—hiin fLt f U|„ ,L sa. I J Daiammoo >nipping it twimvsm|62 words
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Page 39 Advertisements
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Advertisement1020 2000-08-23 39 SSAMUDERA SHIPPING LINE LTD 72 Am mm load, *06-01 03, Siifafwi *****1 MAIN UNf/OUTWARD: 532 36M INWARD (WD): 437 23M IMPORT STATUS (MD): 437 2370 INVENTORY (MOh 437 2420 Vfefesito hftp://www.MiaCß NO. **********0N BOOKINGS UNE: 535 6266 (Celia/J»s»i<o/Mei Chon/JesKynn/Poro/Yvonne/Hanim) 8 SLGS/WEEKLY [QHJBSSEESH 3 SIGS/WEEKLY vtssn VOT I SIN JAR [VPSa1,020 words
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Advertisement846 2000-08-23 39 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO 1 *0 I S* *T 1 SIM I MW I fOC I CM» I OOM I HAL MTL I Q« I SAV I «W I TAM "wOU 1 HOtCH PTM /0454 _22/o|_ _2|/o|_ _31/0| Q2/Q9 12/09 07/09 19/09 22/09 19/10 22/10 23/10846 words
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Advertisement183 2000-08-23 39 VESSEL VOT ETAPGU DAY VOT ETASM OAT WAUSWIV 2189S 23/08 *H) 2189N 24/08 TMU KUALA SiAIV 2190S HQ THU 2190 M B/W RB rnSsmH 2l9ia Mi sat ?i»ia m/h sat KUALA SUIT 2191S 24/08 SAT 2mT 24/H "MT~ UAUSIMV 2192S 27/08 SUM 2192N 21/D8 MON KUAUSIAAI 2i95~~2|/i MON fiwT 29/D8183 words
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Advertisement607 2000-08-23 39 PRSn ENG LIE SHIPPING CO PTE ITDI I M: *****31 (10 Uaet) Fm: S33M3S/S3M9M T Ct Be: HiWMIIIK I VtSSil VOT SMITA swns destination Unon Star 3? 17/00 71/08 73/08 Smlm W Cam* 9/00 77/08 73/08 Duma P BonrWre Union Sw 8 9/00 73/08 74/08 BtW tww Unoi Sta 38607 words
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Page 40 Advertisements
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Advertisement623 2000-08-23 40 I VESSEL VOY SIN MAA SIN I TIGER RHYTHM 827N 2&2&08 *****9 07 oat) 9 I TIGER BRIDGE 828N 27 2&08 02 05AJ9 I TIGER METRO 829N 30-31/08 04 07/09 12 13*09 I TIGER STAR 830N 0102/09 07 10/09 15-16/09 I TIGER RHYTHM 831N 0708/09 12 1509 2021/09 I TIGER623 words
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Advertisement1199 2000-08-23 40 FREIGHT LINKS EXPRESS Tel: *****11 Fox: *****77 E-mail: flesin@singnef.com.sg DIRECT CONSOLIDATION SERVICE TO •OSAKA/NAGOYA -LAEM CHA BANG -LAE/PORT MORESBY PASIR GUDANG *CEBU ADELAIDE/BRISBANE •TAICHUNG/KAOHSIUNG SHANGHAI/XING ANG *MAHE •INCHON HAIPHONG/PHNOM PENH -YANGON SEMARANG/BELAWAN SUVA/NOUMEA MALTA FOR BOOKING: *****51/3/6/60/61/62/67/68/69/79 PROJECT SHIPMENT HEAVYUFT CARGO Lawrence Lim *****78 lawrence@flesin.com.sg WAREHOUSING LOGISTIC SERVICES ENQUIRY CONTACT:1,199 words
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Advertisement1168 2000-08-23 40 or bookmg I enquiry call *****50 VjTY Website: http://www.ood.coiN 7/ "uil/ciiiAOA !«§«SGPLCI oil MEM NYC HOU I tatotj MEM NYC HOU CW LM SGP OOCL JAPAN 44ESJ4 Wfl 01/09 13/09 14/09 14/09 13/09 OOCL NETHERLANDS 71W531 01/01 07/01 03/08 04/08 09/D8 77/08 OOQ NETHERLANDS 77E535 30/08 IS/09 70/09 71/D9 71/091,168 words
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Advertisement86 2000-08-23 40 REGULAR SERVICE TO INDONESIA ETA ETD DESTINATION CHAHAYASTAR 2308 2SOB PORT KLANCvPASIR GUOANG, JAKARTA TBN 2408 2608 PALEMBANGTONTIANAKWEDAN PANGKAI BALAM (EAST TIMOR) CHAHAYA VICTORY 2SOB 2708 JAKARTASURABAYA REGULAR SERVICE EX YANGON JUBILANT IN PT 25/08 VISAK/CAICUTTA/YANGON REGULAR DIRECT CONTAINER A BREAKBUuTI SERVICE TO PORT LOUIS A DURBAN EXPORT VOY SIN86 words
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Page 41 Miscellaneous
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Miscellaneous133 2000-08-23 41 WEATHER "X* To JE r- ffi- IT** 12 sT* LEGEND: Issued by Meteorological Service Singapore K Thunderstorm y Showers o y^\ Rain emperature Wind direction and speed in knots Cloudy Day Weather Hazv Wind speed symbols Sea Conditions O Full circle w/o line indicates calm or light and variable winds133 words
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