The Business Times, 23 January 1991
1991-01-23
1
44
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The Business Times
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Title Section10 1991-01-23 1 Business Times MCI (P) 16/12/90 Wednesday January 23 1991 75*10 words
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NEWS SUMMARY
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63 1991-01-23 1 ARAB Gulf states, which hold nearly half the world's proven crude reserves, plan to spend US$2B.7 billion to boost oil output capacity, the Abu Dhabi Chamber of Commerce and Industry said yesterday. The projects are to be completed this decade63 words
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Article21 1991-01-23 1 A PROPOSED National Institute of Environmental Technology, costing $21 million, may be set up later this year Page 421 words
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Article27 1991-01-23 1 DEFICIENCY and slow development of infrastructure remain major problems impeding the progress of Thailand's much-heralded Eastern Seaboard Development though 10 years have lapsed Page 827 words
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Article39 1991-01-23 1 THE European Commission has imposed punitive duties on imports of small screen colour television sets from Hongkong and China after finding they were being sold at unfairly low prices on the EC market Page 939 words
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Article23 1991-01-23 1 BRITISH industry is plunging into its deepest recession in 10 years, according to the latest government figures Page 923 words
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Article30 1991-01-23 1 SOUTH KOREA has agreed to loan the Soviet Union US$3 billion over three years to finance development projects and the purchase of Korean goods Page 930 words
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Article33 1991-01-23 1 THE WORLD is moving towards liberalisation in telecommunications at an uneven pace, with Britain, the US, New Zealand, Australia and Japan having gone further than Germany, France and Italy Page 1133 words
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Article26 1991-01-23 1 BY treating class differences as totally inconsequential, Hollywood is strengthening the delusion among Americans that class power and position are insignificant Page 1526 words
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Article38 1991-01-23 1 FEEDER operator Regional Container Lines, Japan's giant logistics carrier Nippon Yusen Kabushiki Kaisha and Italian line Lloyd Triestino will launch their joint full container service between Singapore and Australia next month. Shipping Times Page 138 words
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MARKETS SUMMARY
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Article43 1991-01-23 1 SHARE PRICES slipped at the opening bell on Wall Street yesterday with the Dow Jones index of leading industrials shedding 1.98 points to 2,627.23 in the first five minutes of trading. On Monday, the Dow closed 17.57 points lower at 2,629.21.43 words
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Article45 1991-01-23 1 LONDON share prices were modestly lower at midday yesterday, with the market drifting in listless trading. At about 1200 GMT, the Financial Times-Stock Exchange 100Share Index was down two points, or 0.1 per cent, at 2,082.0. Volume was 206.1 million shares at midday.45 words
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Article34 1991-01-23 1 NEW YORK-BASED Bankers Trust will close its regional securities units in Hongkong, London and New York as a result of a strategic decision taken by the bank's headquarters Page 534 words
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Article25 1991-01-23 1 THE Salim group has been granted the right to an exclusive manufacturing process to make plastics out of vegetable oil Page 525 words
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Article21 1991-01-23 1 SIMEX is extending the trading hours of its interest rate and energy contracts from Monday Page 721 words
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Article, Illustration29 1991-01-23 1 Tuesday Change BT-MGA 591.33 +0.83 Kuala Lumpur ....481.87 +1.58 Hongkong 3,062.08 -4.90 Tokyo 23,253.65 -98.54 Svdney 1,269.6 -1.7 Monday Change New York 2,629.21 -17.57 London 2,084.0 -18.729 words
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Article19 1991-01-23 1 Exchange rates USS SSI.7320 Yen SSI.3161 MS SS0.6379 Money market rates Overnight 4-3/8 +1 /8 3-month 4-7/16% unch19 words
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Article36 1991-01-23 1 London Gold AM fix US$381.25 US$3.00 Rubber S'pore Feb 148.50«/kg -2.75 M'sia Feb 234.00«/kg -2.00 KL Tin Turnover 55 tonnes-23 Spot M$ 15.09 /kg unch Crude oatm oil Turnover 1,018 lots -251 Feb M$880/tonne -636 words
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824 1991-01-23 1 Allied aircraft bomb Basra THE JiMMI iWAi Reuter AMERICAN military officials in Saudi Arabia said yesterday that Iraq had blown up some Kuwaiti oil wells. Military spokesmen said aerial photographs showed that Iraq, which threatened to set the Gulf ablaze ifReuter - 824 words
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210 1991-01-23 1 UPI TWO US Air Force fliers and a helicopter pilot pulled off a gun-blazing rescue, flying deep into enemy territory and picking up a navy pilot who parachuted into the Iraqi desert after his plane was shot down. The air force pilots, cappingUPI - 210 words
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Article, Illustration474 1991-01-23 1 Magdalene Ng - From Magdalene Ng in WASHINGTON SENIOR Minister Lee Kuan Yew is confident that the US-led forces will win the war against Iraq, adding that the only question is time and j cost. In an interview with the Cable News Network in Washington DC on474 words
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536 1991-01-23 1 Selva Kumar - By Selva Kumar RESPONDING to feedback from the public, the government has decided to allow conversions between normal and "weekend" cars and to extend the weekend car's hours of usage on weekdays. These changes were announced yesterday by Dr Yeo Ning Hong, the Minister536 words
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112 1991-01-23 1 AP SOUTH KOREA'S new trade minister said yesterday that his immediate goals are to repair the country's eroded industrial competitiveness and build confidence between Seoul and its trading partners, especially the United States. Addressing a meeting of about 150 US and other foreign businessmenAP - 112 words
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Page 1 Advertisements
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Advertisement189 1991-01-23 1 P. of Switzerland Bally men go places. MELWANI T*l Miff FAIMION mmi #01 18 INTERNATIONAL BUIICHNG TEI 737 5342 #02 55/56/58/59 WISMA ATRIA TEL 235 5325 #02 23 PIAZA SINGAPURA TEI 334 3429 A„craft Schedule 25 Money Changer Rales 25 World Slock Markets 22 Commodities 24 Money Market 23 (iimQanv189 words
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Advertisement41 1991-01-23 1 Kuwait to tell it to the world, Back Pg Saudis cut oil output by more than lOpc: report, Pg 2 War cuts S'pore's Mideast trade, Pg 2 Tokyo and Bonn pledge more aid to anti-Iraq coalition, Pg 3 Editorial, Pg 1041 words
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Advertisement86 1991-01-23 1 BALLY Switzerland^ Bally men go places. IMELUANI TM( W>s HSMKJH STXmt #0118 INTERNATIONAL BU«ICXNO TEI 737 5342 #02 44/46/48/4* WISMA ATWA Ttl 234 4324 #02 23 PLAZA SINGAPURA Til 336 3429 J PENTAX of auto focus zoom cameras. super slim from focus MtfHfl H An unrivalled compact zix>m camera with86 words
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THE GULF WAR 1
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609 1991-01-23 2 Full storage tanks and insufficient tankers led to reduction Agencies FULL STORAGE tanks and the shortage of tankers for shipping oil out have led Saudi Arabia to cut output to six million barrels a day against 8.5 million before the startAgencies - 609 words
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Article448 1991-01-23 2 Genevieve Cua - By Genevieve Cua TURMOIL in the Middle East has begun to bite into the region's viability as an export market for Singapore traders. The latest trade figures for November last year show that exports to major partners have either remained flat, or declined. The biggest448 words
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Article183 1991-01-23 2 FOLLOWING the outbreak of war in the Gulf, trade enquiries from Middle East countries for products have suddenly dropped. Arab Business Centre managing director Zaher Mohamed Zaher said that just before the war, the centre had been trying to satisfy tenders for products worth millions183 words
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Article, Illustration343 1991-01-23 2 Shoeb Kagda - By Shoeb Kagda THE Malaysian palm oil industry, faced with dwindling demand from the traditional consuming countries, will be further affected if the Gulf war is prolonged, said industry analysts. Export of palm oil fell by over 107,000 tonnes343 words
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Article351 1991-01-23 2 Reuter The Gulf War is hitting Asian airlines hard, with fuel prices up and flights to the Middle East either cancelled or re-routed around the war zone. "The near-term outlook for the airline industry is bleak," said Malaysian Airline System Bhd chief Abdul Aziz AbdulReuter - 351 words
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564 1991-01-23 3 AP FINANCE OFFICIALS from Japan and Germany have agreed to provide additional assistance to the multinational coalition fighting to oust Iraq from Kuwait. The commitments came on Monday as top financial officials from the world's seven richest industrial countries pledged inAP - 564 words
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Article188 1991-01-23 3 AFP GERMANY'S Chancellor Helmut Kohl on Monday proposed drawing up a modern-day Marshall Plan for the Middle East when the Gulf War ends, and promised that Germany would help to fund it. Mr Kohl, speaking in Bonn, said such a plan might help smoothAFP - 188 words
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Article, Illustration551 1991-01-23 3 IHT THE GULF WAR is fuelling potentially explosive debate in countries across southern Asia that have majority Muslim populations, putting pressure on governments to reduce their support for the US-led coalition trying to force Iraq out of Kuwait. Analysts and government officials warn thatIHT - 551 words
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558 1991-01-23 3 Reuter DEFEAT for Iraqi leader Saddam Hussein in the Gulf conflict could trigger an Iraqi civil war so savage it would make Lebanon look like child's play, according to some diplomatic and political analysts. Mr Saddam, who has ruled his country with anReuter - 558 words
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Article, Illustration48 1991-01-23 3 FIVE sailors aboard the USS Saratoga carrying a Phoenix missile to an aircraft on the ship's deck on Friday. The ship, which is in the Red Sea, has been a launch pad for planes flying missions against targets in Iraq.48 words
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Article557 1991-01-23 3 A LIKELY shake-up of the American economy as a result of the Gulf War will offer more opportunities for the export of traditional goods and sale of new products from Thailand. The Thai commercial counsellor in Washington DC, Wisithsri Chintana, told a seminar recently557 words
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Page 2 Advertisements
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Advertisement250 1991-01-23 2 5 j %i |v Jl JH^|(^HjMWppMMW*.y J^Hpbggll^aIJj R'---*^v 7 H r^ KM m pr f automatic chronograph GP 7000 This new chronograph has a mechanical, self winding movement. Its water resistant case is available in a variety of combinations, such as steel with yellow gold, steel with pink gold, as250 words
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Page 3 Advertisements
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Advertisement328 1991-01-23 3 A tOT At IHI.ATON l.ttll IH.NGS A lOT AT SHERATON lITTIE THINGS MEAN A IOT AT (g) iff x SB > O that he could hardly get out of bed to AT SHERATON UTAMA, open the door WE DON'T Adamantly, Captain Heaton refused i USUALLY FORCE toletuscallinadoaor.Soourwaitertook OUR GUESTS TO328 words
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HOME NEWS
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NEWS ROUNDUP
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61 1991-01-23 4 REPRESENTATIVES from the major capital markets in the Asia-Pacific will be gathered in Singapore for the first-ever conference on strategic developments of the region's stock exchanges. To be held at the Hilton Hotel on Jan 28 and 29, the conference is jointly organised by the61 words
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Article40 1991-01-23 4 SINGAPORE Telecom held the first session of a three-day Work Improvement Team convention yesterday. Telecom president and chief executive officer Wong Hung Khim reported that since 1987, Telecom has saved some $718,000 after implementing 185 WIT-generated projects.40 words
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Article75 1991-01-23 4 FOLLOWING the takeover of Sunshine Allied Investments by British-based Grand Central Investment Holdings last October, Ishwar Nahappan has been appointed chairman of the board, Dato Musa bin Hitam, Iqbal Jumabhoy, Timothy Chia Jee Ming and James Armand Menezes as directors of the company. Chung Tze Hien is75 words
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Article31 1991-01-23 4 QAF Ltd has appointed three of its directors, Phua Bah Lee, Chan Thuan Chai and Wong Heng Chong, to sit on the company's Audit Committee from Jan 18, 1991.31 words
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191 1991-01-23 4 HOT ON the heels of Esso, the other five oil companies in Singapore yesterday cut their pump prices, the first such exercise since unleaded petrol was launched here. The lower prices were in response to competitive pressures. Wholesale petrol prices for these companies191 words
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393 1991-01-23 4 Claire Leow - By Claire Leow A NATIONAL Institute of Environmental Technology, costing about $21 million, may be set up later this year with partial funding from the European Community. The institute will focus on the treatment of industrial waste, industrial pollution and other related393 words
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Article, Illustration428 1991-01-23 4 THE Singapore Institute of Standards and Industrial Research (Sisir) has a full agenda for this year. On the cards are two new research centres and a programme for international advisers to give Sisir new directions in specialised areas. Come June, a research centre for428 words
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230 1991-01-23 4 THE Ministry of Finance will have a Second Permanent Secretary for its Budget and Revenue divisions. Former Housing and Development Board chief executive officer Chuang Kwong Yong will take up the appointment from today, said a joint statement from the Prime Minister's230 words
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Article208 1991-01-23 4 AS THE sole distributor of Northern Telecom's digital telephone system, Folec Communications expects to sell between S3 million and $4 million worth of the equipment in the first year in the local market. The main target market for the Meridian Norstar system is small and mediumsize208 words
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Page 4 Advertisements
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Advertisement1142 1991-01-23 4 jgKk University of California, Berkeley ESC^ ?ENCES ff|||P and Times Conferences present G. multinational corporations and their marketing policies, entrepreneurship: J modernization of China and its implications for business and marketing in lobal management skills are critical in todays w a -W- China; jtiint ventures with the Chinese, consumer behavior1,142 words
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Advertisement145 1991-01-23 4 mi Office units with areas ranging I HP ,rom 1 300 sq ft to 29,000 sq ft J_ 1 iv at attractive rentals. 4 "1 1 "1 The Adelphi is right in the heart of the A siting distance of the f\| iPI I|| I I financial district, major office145 words
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COMPANY NEWS 1
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Article, Illustration403 1991-01-23 5 Quak Hiang Whai - By Quak Hiang Whai NEW YORK-BASED Bankers Trust will close its regional securities units in Hongkong, London and New York as a result of a strategic decision taken by the bank's headquarters. But the general manager of the bank's403 words
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Article, Illustration483 1991-01-23 5 David Chew - By David Chew PETALING Tin chairman Gen (Ret) Tan Sri Ibrahim Ismail has once again urged shareholders to reject substantive shareholder Hijaz Industries Bhd's call for the removal of four key directors at an extraordinary general meeting to be held on Jan 28.483 words
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249 1991-01-23 5 Rahita Elias - By Rahita Elias PUBLICLY-LISTED Sembawang Maritime Limited (SML) has secured a foothold in the sophisticated field of ship lengthening with the award of two such contracts totalling more than $7 million. The company, which has already made a name for itself in the salvage249 words
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353 1991-01-23 5 William Chia - By William Chia THE INDONESIAN Salim group has been granted the right to an exclusive manufacturing process to make plastics out of vegetable oil. The licensing agreement, exclusively reserved for the Indonesian market, was signed between Singapore-in-corporated Innocommerce and its UK principal, Natural Resources353 words
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COMPANY BRIEFS
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97 1991-01-23 6 BRITISH PUBLISHER Robert Maxwell's privately-owned Mirror Group Holdings is considering bidding for the ailing US newspaper New York Daily News, according to a report in the European edition of The Wall Street Journal on Monday. Mr Maxwell told the paper that he would be97 words
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Article85 1991-01-23 6 TOSHIBA CORP announced in Tokyo yesterday that it has formed a technical tie-up with Synergy Semiconductor Corp of the US to expand Toshiba's application specific integrated circuit (Asic) business. Synergy will supply the EmitterCoupled Logic (ECL) and BiCMOS, a combination of bipolar and complementary metal85 words
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Article59 1991-01-23 6 NCR CORP CHAIRMAN Charles Exlcy has not changed his position that American Telephone and Telegraph Co must offer US$l25 per share for NCR before he will negotiate with AT&T. An NCR spokesman said on Monday, "We remain absolutely commitcd to NCR's independence and our59 words
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Article59 1991-01-23 6 INDIA OIL CORPORATION has increased a short-term trade finance facility by US$2B million to US$l25 million, arranger ANZ Merchant Bank said in London on Monday. Funding the import of oil, the 180-day facility carries a margin of 52-1/2 basis points over the Libor rate and59 words
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Article52 1991-01-23 6 REYNOLDS METALS CO took a fourth-quarter after-tax charge of U5593.9 million or USSLS9 per share for global environmental costs, including clean-up projects. The special charge cuts Reynolds' fourth-quarter earnings per share to 25 cents from US$l.B4, compared with U552.26 per share in the same period52 words
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Article, Illustration450 1991-01-23 6 Catherine Ong - Hongkong stock market outperforms the rest From Catherine Ong in HONGKONG CASH, especially European currencies, was king last year while Hongkong shares outperformed all other equities, latest figures from 936 regional and global funds show. The top investment last year was sterling currencySource: Hongkong Unit Trust Association - 450 words
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311 1991-01-23 6 Reuter SHARES in Jardine Matheson Holdings slid on Monday on market fears over the cost to the Hongkong trading giant of legal action brought by US brokerage Bear Stearns. Bear Stearns is seeking heavy damages from Jardincs in a protracted lawsuit. AfterReuter - 311 words
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354 1991-01-23 6 THAILAND'S Asia Fibre Co, which manufactures nylon filament yarn and related products, plans to issue American Depositary Receipts (ADRs) for the first time in the country by the end of this month. Reporting this on Monday, The Bangkok Host also revealed that354 words
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414 1991-01-23 6 Reuter DEFAULTS of highly-lever-aged American companies have risen at an alarming rate so far this year and some analysts are predicting a re-cord-breaking year. "Last week was probably the worst week I've ever seen (for defaults)," said Richard Lehmann, president of BondReuter - 414 words
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382 1991-01-23 6 MBT AMERICAN International Assurance (AIA) and American Home Assurance (AHA), both of the American International Group (AIG), are the only foreign insurance companies in Malaysia yet to respond to the 30 per cent bumiputra equity participation requirement imposed byMBT - 382 words
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675 1991-01-23 6 Higher oil prices send profits rising NYT AMOCO Corp's net income surged by 68.6 per cent in the last three months of 1990. It was the first report in what analysts expect will be a series of large gains in fourthquarter profitsNYT - 675 words
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Page 5 Advertisements
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Advertisement241 1991-01-23 5 SINGAPORE SWINGS INTO THE DUNHILL CUP 1991 WORLD QUALIFYING TOURNAMENT. ML»r-C«». OirWN-Wr. Z,^ US Matters (bimpion Btlgun < »pm Chimp** Auarjlan tes.. Captain of the J99 J Germany Team For the third year running, golf aggregate scores after 72 holes, (the two best past US Masters Champion Bernhard Langer, enthusiasts241 words
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Advertisement96 1991-01-23 6 Lunch is served at 11am for those at the top. While others are watching window just won't the clock, exercise your .pgjp*?- keep at Singapore s prerogative for an highest restaurant, early lunch. For you, 11 j Set lunch: $49.50+ we 're open at 11 am. j Semi-buffet: $39.50+ The96 words
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FINANCIAL NEWS
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248 1991-01-23 7 S N Vasuki - By S N Vasuki THE SINGAPORE International Monetary Exchange (Simex) is extending the trading hours of its interest rate and energy contracts from Monday. According to a Simex news release, the decision to extend trading hours was taken at a board meeting248 words
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185 1991-01-23 7 Reuter THE US Federal National Mortgage Association (Fannie Mae) is to begin financing the construction of new homes through a US$lOO million pilot programme. Speaking to the National Association of Home Builders in Atlanta on Monday, Housing and Urban Development (HUD) Secretary JackReuter - 185 words
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242 1991-01-23 7 Quak Hiang Whai - By Quak Hiang Whai PERNAS OUE yesterday signed an agreement in Kuala Lumpur to raise Msl7s million which will replace an existing yen loan used to finance its Penang Mutiara beach resort. Pernas OUE, a joint venture company between Perbadanan Nasional Berhad (Pernas)242 words
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378 1991-01-23 7 NST COMMERCE International Merchant Bankers (CIMB) has again emerged as the top merchant bank in Malaysia in terms of corporate advisory fee income earned, according to the audited accounts of merchant banks for the 1990 financial year. For the second yearNST - 378 words
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417 1991-01-23 7 Reuter CANADA'S large national banks arc benefiting from the problems of the US banking system, drawing away business from their American rivals. Canadian bankers say. As US banks, hit by weak earnings and shaky capital bases, tighten up on lending, potential clientsReuter - 417 words
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SMALL CHANGE
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Article99 1991-01-23 7 ALL gold and silver coins commemorating the Year of the Goat have been sold out after being released for sale yesterday. The Singapore Mint, the numismatic agent for the Board of Commissioners of Currency, said that the $500 gold proof coins and the99 words
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Article88 1991-01-23 7 US SENATE Banking Committee chairman Donald Riegle urged the Securities and Exchange Commission to investigate allegations of insider trading in the junk bond market. In a letter to SEC chairman Richard Breeden, Mr Riegle said recently published articles suggested insider trading has occurred and that,88 words
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Article65 1991-01-23 7 ALLIANZ AG Holding, the German insurance group, has set up a joint venture with the city of Moscow to train Soviet insurance experts and develop products tailored to the Soviet market. The venture, named Ost-West Allianz, would also advise companies and institutions on insurance matters65 words
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Article103 1991-01-23 7 THE Bank of Japan is likely to continue its tight monetary policy for the time being, Taizo Hashida, chairman of the Japan Federation of Bankers' Associations said. Earlier, Mr Hashida had said he expected monetary easing in the second or third quarter of this year,103 words
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Page 7 Advertisements
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Advertisement183 1991-01-23 7 ffillg PiBW IS Bt' ronx 23 /'Jan. lo 5 f during our ow onJavt o}Pine we 11-balanced ts IQB6, unsurpassed in finesse. £/*\nd dish. the en Jof which, in ihe glow of a warm, heady J romohon, we anticipate thai some of our guests may no? with such an unprecedented183 words
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THE REGION
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NOTE BOOK
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110 1991-01-23 8 VIETNAMESE coal production rose 21.5 per cent over 1989 to top four million tonnes last year, the Vietnam News Agency (VNA) said. Some 745,640 tonnes of the clean coal mined in 1990 were exported. The agency also said that more than 8.7 billion kilowatt110 words
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Article74 1991-01-23 8 THAILAND will consider buying Soviet crude oil as part of an agreement to step up bilateral trade, state-run Radio Thailand said on Sunday. Thai and Soviet technicians would conduct a study to determine whether Soviet crude is suitable for refineries in Thailand, the report quoted74 words
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Article85 1991-01-23 8 CAMBODIAN leader Chea Sim, in another sign of his government's toughened stance on a peace settlement, said there can be no change in the military or political status quo before proposed elections, the official SPK News Agency reported. He repeated his government's calls for the85 words
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Article71 1991-01-23 8 THE PULAU Pinang state government plans to cooperate with Medan in setting up a special institution to provide training in the field of tourism and hotel management. Chief Minister Dr Koh Tsu Koon said on his return from a four-day visit to Indonesia that such71 words
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369 1991-01-23 8 Move will help domestic industries, says Thai official THAILAND should first liberalise its trade with other members of the Association of South-east Asian Nations (Asean) before opening up its market more fully to other trading partners, the permanent secretary of the Thai369 words
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702 1991-01-23 8 Bangkok Post DEFICIENCY and slow development of infrastructure remain major problems impeding the progress of Thailand's much-heralded Eastern Seaboard (ESB) development though 10 years have lapsed. That appeared to be the consensus among experts in various key economic sectors who took part inBangkok Post - 702 words
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375 1991-01-23 8 MBT MALAYSIA'S jobless rate, which has seen a steady decline since 1986, is likely to drop to 5.5 per cent this year, the lowest since 1985, the country's Manpower Department said yesterday. Unemployment dropped from 8.3 per cent in 1986 to 8.2 perMBT - 375 words
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218 1991-01-23 8 AFP THE LAOTIAN communist party has reaffirmed both its policy of economic liberalisation and its determination to retain a firm grip on power in the landlocked South-east Asian country, a radio broadcast monitored in Bangkok indicated on Monday. A statement markingAFP - 218 words
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Article, Illustration753 1991-01-23 8 AP TIME is running out for hopes of saving the dwindling hardwood forests of Sarawak. All virgin timber will be gone in 10 years at the present rate of cutting, says the latest gloomy report on logging in the Malaysian state. No cry of alarmAP - 753 words
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510 1991-01-23 8 Reuter A GOVERNMENT advisory body says Australia should cut tariffs on car imports to 15 per cent by the year 2000 to make the industry more efficient. But car makers said the move could push them into decline. The current tariff is 42Reuter - 510 words
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141 1991-01-23 8 KL raps temperate nations 9 criticism Bernama THE MALAYSIAN Primary Industries Minister has called on the temperate countries to work towards improving their forest situation instead of criticising the developing countries for what they claim to be excessive logging activities. Datuk Dr Lim Keng Yaik said on Monday that temperateBernama - 141 words
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Advertisement149 1991-01-23 8 Hrt l[frߣf§>tr{l|P%TOs£ II (Ij yy CHINA WUXI EXPORT trade DIALOGUES vl M] DATE: 23 JAN TO 25 JAN 1991 11 H TIME: 9.00 a.m. TO 5.00 p.m. jl] VENUE: PEONY ROOM, RIVERVIEW HOTEL H 382, HAVELOCK ROAD, SINGAPORE. jij ORGANISED BY: |Sj WUXI MUNICIPAL GOVERNMENT FOREIGN jSj ECONOMIC RELATIONS AND149 words
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THE WORLD
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399 1991-01-23 9 Manufacturers allegedly dumping on EC market Agencies THE EUROPEAN Commission has imposed punitive duties on imports of small screen colour television sets from Hongkong and China after finding they were being sold at unfairly low prices on the EC market.Agencies - 399 words
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123 1991-01-23 9 AP SOUTH KOREA has agreed to loan the Soviet Union US$3 billion over three years to finance development projects and the purchase of Korean goods, according to a joint communique released yesterday after the conclusion of week-long economic cooperation talks inAP - 123 words
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Article, Illustration41 1991-01-23 9 Norway's King Harald leaving Parliament in Oslo on Monday after taking the royal oath. He ascended to the throne following the death on Jan 17 of his father, King Olav, who had been the world's oldest monarch.41 words
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Article228 1991-01-23 9 AFP MORE Chinese economists now favour reliance on market forces rather than central planning, according to a key State Council economic planner whose think-tank has played a central role in formulating policy. But the majority of Beijing's planners still support strong central control, wrote economist MaAFP - 228 words
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257 1991-01-23 9 Agencies BRITISH INDUSTRY is plunging into its deepest recession in 10 years, government figures issued on Monday showed. Industrial output dropped by 1.3 per cent in November from the October level, and manufacturing production by 1.2 per cent, on the basisAgencies - 257 words
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WORLD WATCH
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Article82 1991-01-23 9 THE Gulf War has not yet harmed Japan's economic activity or price stability. Michio Ochi, director-general of the government's Economic Planning Agency, said yesterday that the war had had no major adverse effect on people's daily lives so far. No hoarding or holding back of82 words
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Article77 1991-01-23 9 CHANGES in the terms of Cuba's trade with the Soviet Union in 1991 will delay Soviet supplies to the island in the early part of the year. Cuban Foreign Trade Minister Ricardo Cabrisas, giving details of a bilateral trade accord for 1991 signed last Dec 29, told77 words
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Article90 1991-01-23 9 MONGOLIA, a fledgling democracy wedged between the Soviet Union and China and long isolated economically, will sign its first trade agreement with the United States today as part of efforts to broaden exchanges. Officials of both governments said in Washington yesterday that the signing, which could lead90 words
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Article55 1991-01-23 9 CZECHOSLOVAKIA has been granted a US$2OO million loan from Japan to help stabilise its currency, the Czechoslovak crown, during the transition to a market economy. The development was announced in Prague newspapers on Monday following a visit to Japan by Czechoslovak State Bank president Josef55 words
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Article76 1991-01-23 9 AROUND 1,500 Albanian public transport workers went on strike on Monday for a 50 per cent pay rise, in the biggest industrial protest in 45 years of Stalinist rule. Drivers and mechanics at Tirana's only bus depot began a three-day stoppage in support of their demands, which76 words
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Article70 1991-01-23 9 THE chief Soviet arms negotiator, Alexei Obhukov, said on Monday that he and US diplomats arc close to a final agreement on details of a strategic arms reduction treaty that should be finished in about 10 days. Obhukov, arriving in Washington with his team for70 words
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Advertisement319 1991-01-23 9 Gone are the davs when vou had to photocopy every Of course, the L 0 also gi\ es ou the kind of image fax message you received. With Canon's new Laser Class™ you get only with a Canon. The exclusive 1 lyper-Smoothing r\ Plain Paper FAX L 770, duplicating information319 words
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Article501 1991-01-23 10 EDITORIAL THERE must be no compromise with Iraqi President Saddam Hussein at the present juncture when there is an urgent need for a quick and decisive victory for the allies. Mr Hussein must not be allowed to buy time through the recently floated peace plans, and501 words
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WHAT THE OTHERS SAY
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Article217 1991-01-23 10 GERMANY and Japan both have a special interest in the outcome of the Gulf war. The greatest economic power in Europe and the greatest economic power in Asia and both potentially leading political powers could well become the principal beneficiaries of the post-Cold War international order.217 words
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Article145 1991-01-23 10 IT IS comforting to see a better taxi service in Singapore. The recent survey conducted by NTUC Comfort has once again confirmed to the public the satisfactory level of service provided by our taxi drivers. The survey shows that our cabbies know their roads well. Also, despite145 words
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Article141 1991-01-23 10 THE RECENT controversy over the medical discount scheme reflects to a certain extent the Singapore Medical Association's stress on professionalism. This attitude has an inevitable effect on doctors' concern for the welfare of society. It has been said that doctors would rather make money than contribute to141 words
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REGIONAL VIEWPOINTS
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Article173 1991-01-23 10 ASIA's developing countries are increasingly dependent on Japan economically since Tokyo has become the world's largest provider of official development assistance. While that trend will certainly continue, it will be important for Japan not to become arrogant because of its position as aid donor. So far,173 words
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Article175 1991-01-23 10 NO MORAL difference exists between the "naked aggression" in Kuwait and the brutal aggression that is continuing the 50-year-old illegal occupation of the Baltic republic of Lithuania. The United States seems to think that it needs to buy Soviet acquiescence in US Gulf policy with "comprehension",175 words
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Article142 1991-01-23 10 THE GOVERNMENT'S decision to let the 150 th anniversary of British rule pass without commemoration is regrettable. There is nothing to be ashamed of in the achievement of the territory, nor no need to apologise to China the mistakes of the colonial founding fathers are fully admitted,142 words
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Article, Illustration958 1991-01-23 10 Max Jakobson - The crackdown in the Baltic states is a dark signal that the Soviet Union intends to use force to keep the empire intact. Max Jakobson argues that the use of force isolates the Soviet Union from the world economy and drives it ever deeperIHT - 958 words
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Page 10 Advertisements
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Advertisement84 1991-01-23 10 FOR WHO, WHAT, WHERE AHD WHEN IN THE MARKET. ADVERTISING A MARKETING, in BUSINESS TIMES every Thursday. covers a vital sector of the economy comprising the country s communications muscle. The page monitors business developments and the players in hoih international and Singaporean adve*ising agencies; it charts trends in public84 words
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Page 10 Miscellaneous
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Miscellaneous27 1991-01-23 10 DOONESBURY BY GARRY TRUDEAU 11® \S^S^SSA\^ne TtPtCALOFTHBMfIW I S&iSdOF 'INSH'AUAbt," UJHYHAStfTOUR KIN 6 yCUNSMJH&£tVHOHM; DUT/AMCN6 A&6CPMUS. A DtAFTOKTFAWVHJHAI IN6 J^,Vf mFeaoßU6fiWPVsett\\ MEMVOUR OURCOUNTKYIS vouimeeFs iHdttAU&W SLACK' KING27 words
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ANALYSIS
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785 1991-01-23 11 Homelessness is the dark, little-discussed downside of Japan's prosperity NYT IN a silent, dark alley near piers that bustle during the day, a few small piles of cardboard and blankets arc all that keep the late-night chill from 10 sleeping men, a handfulNYT - 785 words
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Article, Illustration1448 1991-01-23 11 Charles Leadbeater - Charles Leadbeater compares the pace of telecommunications market liberalisation in the UK with other industrialised countries Charles Leadbeater FT Around the world great industrial edifices arc starting to crumble. For dccadcs a group of monopoly providers of telecommunications networks and services have towered overFT - 1,448 words
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683 1991-01-23 11 Decision to become a Polish agent was motivated by patriotism NYT MARIAN Zacharski has a finely tuned sense of irony, and he ought to. A decade ago, he was sentenced by a US court to life in prison, a Polish agent who paid a highNYT - 683 words
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Page 11 Advertisements
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Advertisement345 1991-01-23 11 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF JAMES W SIMPSON SINGAPORE PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding Up At an Extraordinary General Meeting o» the Company held on Thursday. 17 January 1991 at 36 Robinson Road #15-00 City House, Singapore 0106.345 words
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THE LAW PAGE
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791 1991-01-23 12 THE Singapore High Court applied the 1988 Court of Appeal decision in the case of Chng Suan Tze v the Minister for Home Affairs to quash the exercise of an executive discretionary power two weeks ago. This is believed to be the first time791 words
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558 1991-01-23 12 THE Law Page report on lawyers in Singapore being allowed to advertise referred to advertising by American law firms as an "anything goes" approach. Mr Clifford W Garstang of international law firm Sidlcy Austin wrote to BT, taking exception to that description. He said: "There558 words
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757 1991-01-23 12 CASE. Lim Seow Wah and Peh Ah Eng v Housing Development Board and Lam Lee Building Contractor Pte Ltd. High Court of the Republic of Singapore Justice Chan Sek Keong This was an action for damages in relation to the death of 18-ycar-old Lim757 words
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Page 12 Advertisements
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Advertisement34 1991-01-23 12 ~M 'VfS": |-f f y K^;:S: If you're an expert in your field you'll know that we're the expert in ours. h' THE BEST VAU E yi- CALL: 747 8622 FOR ENQUIRIES. FAX: *****6534 words
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Advertisement155 1991-01-23 12 THE GROWTH TRIANGLE A Special Business Times Survey February 86, 1991 The Growth Triangle began casually as an idea. Singapore. Batam. Johor. Singapore has a rich pool of managerial talent. Batam and Johor are rich in natural resources, land and labour. Combine the three and they make a triangle of155 words
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SPORTS
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Article, Illustration793 1991-01-23 13 Australian Open Agencies THE Steffi Graf era at the Australian Open is over. Jana Novotna, a Czech who revamped her game to become a force in women's singles, beat Graf 5-7, 6-4, 8-6 on Tuesday. Her victory ended the German's threeyear, 25-match reign at thisAgencies - 793 words
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Article329 1991-01-23 13 Reuter "McENROE, pay attention at the back. Yes, I am serious. And you, Gilbert and Wheaton, stop arguing." This may not quite be the classroom scene it hopes for, but the Association of Tennis Professionals, which runs men's tennis, is sending its members toReuter - 329 words
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SIDE LINES
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Article87 1991-01-23 13 JOE MONTANA, the brilliant quarterback who led the San Francisco 49ers to back-to-back Super Bowl championships, will have surgery on his injured right hand later this week. Team officials in San Francisco said on Monday that Montana suffered a broken little finger on his87 words
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Article54 1991-01-23 13 NEXT month's Davis Cup world group tie between France and Israel and six regional group matches have been postponed because of the Gulf crisis. An International Tennis Federation (ITF) official said yesterday that the France-Israel tie in Marseilles, originally set for Feb 1-3, has been tentatively54 words
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Article65 1991-01-23 13 THE Dunhill Cup, whose future was in danger last year, will continue for at least another three years. The sponsors yesterday announced a new three-year agreement, which includes a rise in prize money from just over £500,000 to £1 million. It is the first increase65 words
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Article53 1991-01-23 13 BEN JOHNSON, the Canadian sprinter banned for two years for taking drugs, will run his longest race yet since making a comeback in Ottawa two weeks ago. Organiser Andy Mclnnis said Johnson will take part in a 55-metre sprint in the North American indoor grand prix53 words
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Article80 1991-01-23 13 WORLD snooker champion Stephen Hendry, who has reached the final of the last eight major tournaments, will not be claiming the £200,000 record first prize in the Mita World Masters. Hendry, beaten by Jimmy White in the final of the Mercantile Credit Classic at Bournemouth earlier this month,80 words
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Page 13 Advertisements
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Advertisement568 1991-01-23 13 SHOP, PREDICT {Mm* BAN-WEST 'tf 5 pgl ————i————i^———— l^ It's just that. Go to any of the conveniently What prizes for Winning and 2 1 f rm AIT T\l located ParvWest retail outlets (Plaza Singapura, m o n w? 0 ereC fiii-U HH Vt 4 Centrepoint, UIC Building, Isetan Apollo.568 words
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Page 14 Advertisements
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Advertisement1058 1991-01-23 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DIME I Hi PLUM'S lIIIIIIIIIIIIMII High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's1,058 words
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Page 14 Miscellaneous
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Miscellaneous708 1991-01-23 14 TELEVISION AND RADIO Tk 1 A SBC 12 L5O (Stereo). tS BUSINESS ON RADIO I 4~\ ~W* i 800 Heater Investment in 5.30 The Karate Kid. I\ I II II I I 111 II 7.25 PM One Foot In The Grave Death 6.00 News (M) BBC, 89.9 mHz in VHF708 words
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LIFESTYLE
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Article, Illustration743 1991-01-23 15 Benjamin De Mott - Benjamin DeMott on how the Cinderella story is reverse psychology to keep people in their places Benjamin De Mott NYT INCREASINGLY in recent years, movies have been dealing with power issues and class relationships interactions between masters and servants, executives and underlings, yuppies and waitresses,NYT - 743 words
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Article399 1991-01-23 15 Natalie Angier - Something old, yet something new. Natalie Angier on a love hormone called oxytocin Natalie Angier NYT IT is just the potion for a bellicose world. In some cases, it works as an aphrodisiac, inspiring males to seek females more ardently and females to invite theirNYT - 399 words
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Article, Illustration600 1991-01-23 15 CHATTERBOX CALLING her "every man's fantasy," GQ magazine has put actress Julia Roberts on its cover, the first woman to appear alone on the front since the male-oriented magazine became a monthly. "We've debated often hotly who our first cover girl ought to600 words
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Page 15 Advertisements
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Advertisement234 1991-01-23 15 AND ENTERTAIN AYen For Fresh Japanese Food. I #81 LUNCH: I t MS TO I £2 S DINNER: 6.50PM TO I I A £9 5 10.15PM. I t IHEhIH! prices subject I F t TO 10% SERVICE I I CHARGE AND I I UTK 4% CESS. I Unkai flies in234 words
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Advertisement165 1991-01-23 15 V|| ww m Restaurant and 1 KUInA Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE MONDAY THURSDAY Soup of the Day Soup of the Day Mixed Salad with choice of Dressings Mixed Salad with choice of Dressings Steak Maryland Rump Steak Melba OR OR Scampi Kebabs in Paprika Chicken Cordon Bleu165 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration906 1991-01-23 16 William Chia - By William Chia EVENTS in the Gulf continued to influence activity on the Singapore stock market with local news making little impact. However, the latest news that Iraq had started blowing up oil facilities in Kuwait was largely discounted by the market. One906 words
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Article3719 1991-01-23 16 Gr's Gr's 1990/91 *J*s» Vol Day Ijhi Quote Div Div Vld Net M Cap High I/m Code Company Sale +or- ("000) High I>ow Buyer Seller Or P/E Smil INDUSTRIAL COMMERCIAL 277 152 1000 Acma 170 +1 I 9 170 170 170 171 104.2 -iqn 165 m 1142 Alex Hldss 50*3,719 words
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Article4010 1991-01-23 17 Main Board NatSteel 855 +25 *3 0% GELifc 1270 20 *1 6% DBS Foreign 1030 *20 *2.0% Spore lius 500 515 *15 3.0% OLJB 478 *12 *2.6% Scmb Maritime 400 *12 3.1% SIA Foreign 1380 *10 +0.7% SIA 1050 *10 *10% FAN 720 *10 *1.4%4,010 words
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BT SHARE INFORMATION SERVICE
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Article282 1991-01-23 18 AUDITED RESULTS Cmvmy Data Year Grwip Nat Nat Mmta*# 6ra*» mm to profit/tots (L) par itan dtvktoad ('000) (cwrtt) C*C Jan 14 Sep 90 $53,947(134.649) 30 8(23 Sa) 15(8 5a) F&N Jan 14 Sep 90 S53.080($62.868 30 1(36 5) 17 9(179) H M»a Jan 14 Sap 90 $1,886(1402)282 words
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Article183 1991-01-23 18 Company Date Yaar Graap pra-ta* Nat aaraiags Grats aaa to pram/lass <L) par skara dMini COM) (eaato) H Leong Credit Jan 8 Jun 90 M$35,181(M$25.440) 218(16 4) 10(10) Leong Huat Jan 2 Dec 89 $182l($356l) Pacific Can Oec 28 Sep 90 $1,3871 ($562h) —(0 7) VanderHorst Dec 28183 words
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Article251 1991-01-23 18 Cmhw D«t. HUf-ywr Jrtjrta. m to proflt/toM (L) Wdwm COM) Sateras Dec 31 Sep 90 M$462L($369l> Isetan Dec 28 Sep 90 $10.458(-) -(10) MCB Hldgs Dec 27 Sep 90 M$l,333($1.319l) (2-5) Pegi Msia Dec 27 Sep 90 M$3,590($234L) Alex Hldgs Dec 26 Sep 90 $1,4461 ($257) Metalock Dec251 words
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Article1188 1991-01-23 18 Jmi 21 Sngmarine Industries, a subsidiary of Keppel Corpn. has entered into an agreement with Volvo East Asia to acquire a 70% stake in Nedco Engineering for Jl./m. Jin 19 Bank Buriputra Malaysia Bhd shares will be sold to the public and the bank listed on the Kuala1,188 words
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Article317 1991-01-23 18 Carnal Ei Mi Data Trfal tor Trtal MMyawrt aato dm aaraftta tM ja«r last yaar MSB 10%(b) ton 4 an 18 an 28 10% 12* MffF NYA Oec 14 an 3 Feb 15 NYA 2M Mi fadk 23.2% tan 4 an 16 tan 23 386* 35 5% AMa317 words
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Article644 1991-01-23 18 Stocks M Company Nrfad Dale Tm Bat EPS mmmat m*| (eMb) <•» pn* IhI r*» ($106) OB rrtrti Interim Nov 13 Ok 90 29.7 13.2 11.616(c) MT Inter m Jan 10 Jun 91 254 2 150 0 773 Khm Gum interim Jan 12 Apr 91 40 5301 6644 words
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Article663 1991-01-23 18 BONDS, LOANS WARRANTS I 1 CCwtewi »aa la Iidhnj afcaw UC Nt Before 26/4/93 1 warrart f*is 1309 cash Cwi) Loan j— CauMvi, m 2/10/89 to 20/10/9* 1 warrant phis JO 77 cash or 1 warn* phs $0 77 norm* amount ot loan stoci Chan Ohm *9 Nt March 87663 words
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Article196 1991-01-23 18 RECORD HIGHS LOWS ST Industrials Index BT Composite index 1991 1213.60 08/1/91) 1991 Mr 1068 09 (18/1/91) l»l low. 1149 08 (16/1/91) 1991 tow 1022 52 (16/1/91) \9» Ngtc 1607.12 27/3/90) 1990 Mt 1435 43 (16/7/90) 1)90 far 1079.50 (11/10/90) 1990 1m: 981 07 (09/11/90) 19» l«t 1487.76 (26/12/89) 1989196 words
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Article202 1991-01-23 18 Berjaya Coloration (M) Bhd: EGM at the Banquet Room, Kelab Darul Ehsan.Taman Tun Abdul RazaK. Jalan Kerja Air Lama, ***** Ampang iaya, Selangor Darul Ehsan on Wednesday, Jan 23, at 10am. fines PubWinf Ltd: AGM at the Taurus Room, Level 1, Marina Mandarin Singapore. 6 Raffles Boulevard. Marina202 words
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Article88 1991-01-23 18 Company Right* bsw Cauwway km Thrw-fortour SO GO per share Ex-date Dec 10 Books dose Dec 20 Acceptance t Payment Feb 1 M Mouks One-tor-one MSI 50 per share Ei-date Dec 10 Books dose Dec 26 Acceptance I Payment Feb 11 Company Others MOB Oder tor safe of88 words
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Article320 1991-01-23 18 Company Rights Issue Mom One tor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at MSI per share with 10m detachable TSR Bata 0netor4our M>2 00 per share p*C8 Capital Reduction Scheme to reduce par value of shares from 50320 words
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Page 18 Advertisements
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Advertisement102 1991-01-23 18 FOR WHO, WHAT, WHERE AHD WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in102 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration879 1991-01-23 19 Bernama SHARE PRICES in Kuala Lumpur yesterday ended mixed to slightly steadier on some selective bargain-hunt-ing in the afternoon. But investors generally remained sidelined to await fresh developments in the Gulf war. The K.LSE Composite Index fluctuated narrowly before closing at 481.87,Bernama - 879 words
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Article2908 1991-01-23 19 1991 Last Vol Day Net Cap High Low Company Sale "000 High ow 5mil INDUSTRIALS 188 170 MSB 50* 175 13 T76 175 42.7 1791 342 316 ASM 50* 332 4 77 332 326 29.6 1362.8 296 280 Acidchem 285 -2 13 285 285 122.5 255 250 Ajinomoto 252 22.32,908 words
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Page 19 Advertisements
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Advertisement59 1991-01-23 19 Hard times for finance houses Boom days for printers > I •y>■ f Kg Spotlight on Hotel Properties, Consolidated Plantations Available at your local newsstands and at all Times The Bookshop outlets. Centrepoint Plaza Singapura..Raffles City Specialists' Centre Basement, Lucky Plaza, United Square, Marina Square, OUB Centre. Holland Village. Colombo59 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2160 1991-01-23 20 Reuter TOKYO stocks closed easier yesterday after a day of quiet trading with prices moving in a relatively narrow range. Brokers said the lack of market moving developments in the Gulf war had investors crowding the sidelines with most price movements stemmingReuter - 2,160 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2021 1991-01-23 20 Reuter HONGKONG STOCKS closed slightly softer in confused, directionless trade as investors awaited fresh news on the Gulf War. "It's a symptom of most markets these days," said Antony Mak of Citicorp Vickers. "Volume is slightly better but the mood is lukewarm and sluggish.Reuter - 2,021 words
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Page 20 Advertisements
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Advertisement11 1991-01-23 20 THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Business Times11 words
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REGIONAL STOCK MARKETS
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Aussie market up slightly on selective buying
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Article843 1991-01-23 21 THE AUSTRALIAN share market yesterday closed marginally firmer in quiet, cautious trade characterised by investors picking over blue-chip stocks. Brokers said support was shown for selected industrial and resource stocks but otTshore demand began to wane. "It's been pretty quiet. I think people are just treading water and the843 words
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Article792 1991-01-23 21 SEOUL STOCKS closed slightly lower in sluggish trade on lack of fresh devel- opments in the Gulf War. The Composite Index ended the day at 632.92, shedding 3.99 points from the previous session. Turnover was thin at 121.6 billion won against 147.9 billion on Monday. Losses outpaced gains 400792 words
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Article81 1991-01-23 21 Close Previous Jan 22 SYDNEY All Ordinaries Index 1269.6 1,271.3 -1.7 All Industrials Index 1954.9 1,955.8 -0.9 All Resources Index 744.2 746.4 -2.2 Turnover (million) 55.22 53.58 +1.64 BANGKOK SET Index 625.75 631.58 -5.83 Turnover (million baht) 1.200 NA JAKARTA Composite Index 387.46 389.12 -1.66 MANILA Composite Index 652.12 650.7781 words
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Article606 1991-01-23 21 TRADING on the Jakarta stock ex- change was slow because of lack of liquidity, brokers said. The official index eased 1.66 points to 387.46 and turnover fell to one million shares from Monday's 2.10 million. "It's really boring. No money... No trade," one broker said. Jakarta International Hotel was606 words
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Article723 1991-01-23 21 THAI STOCKS declined for the second day yesterday but closed off lows in moderate trade as investors were concerned the Gulf War would intensify, brokers said. The SET Index closed 5.83 points lower at 625.75 on a moderate 1.2 billion baht turnover after the indicator lost about 12 points723 words
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Article521 1991-01-23 21 PHILIPPINE SHARES closed narrowly mixed to firmer as market jitters over the Gulf War were calmed by some positive signals from the local economy, brokers said. The decline in interest rates and an anticipation of fresh loans from foreign creditors helped arrest further selling. The Manila Stock Exchange composite521 words
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Article336 1991-01-23 21 la local caneacy la S$ la US$ day year day year day year JAN 21 ladex daage cfcaag chaay cfcaar chaay chaag World 355.6 -I.I -23.5 -1.0 -25.4 -0.6 -18.5 ♦Eafe 463.9 -1.6 -31.9 -0.8 -30.8 -0.5 -24.3 Europe 357.8 -I.I -20.6 -0.3 -15.3 0.0 -7.4 Pacific 775.9 -1.9 -38.7336 words
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Article355 1991-01-23 21 TAIWAN share prices finished moderately lower after investors took a breather after the market's recent buying spree. The weighted index lost 58.18 points, or 1.4 per cent, to finish at 4,075.94 compared with Monday's 4,134.12 close. Turnover was NT$4B.6 billion against NT$5O.B billion. Dealers said profit-taking in the financial355 words
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Article207 1991-01-23 21 NEW ZEALAND shares closed easier on very light turnover yesterday and brokers expect prices to ease further until the situation in the Gulf becomes clearer. The Barclays fell an estimated 1.36 to 1,213.70 on turnover of NZ$5.3 million yesterday. Wellington NZ Cents Vo*W) Air NZ 99 I 30207 words
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Article58 1991-01-23 21 THE BOMBAY Stock Exchange (BSE), hit by payment defaults, remained closed for the sixth trading day. Exchange officials refused to say when trading would resume, but brokers said the market was likely to re-open today. The BSE's governing board was scheduled to meet yesterday evening to solve the payment58 words
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WORLD STOCK MARKETS
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Dow ends lower as investors take a pause
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Article, Illustration1005 1991-01-23 22 US STOCK INVESTORS, pausing to reassess the Gulf war and to digest last week's record-setting gains, pared holdings moderately in a semi-holiday session on Monday. With the US bond market closed at 1300 EST/1800 GMT in observance of the Martin Luther King holiday and banks shut for the1,005 words
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Article, Illustration851 1991-01-23 22 EARLY LOSSES on UK shares were mostly erased by a technical bounce in mid-morning yesterday, but the fundamentals of the Gulf war and deepening economic recession continue to overhang the equity market, dealers said. "There's been no aggressive selling and few are keen to buy. The fundamentals remain firmly851 words
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Article406 1991-01-23 22 CONCERNS about the duration of the Gulf war and renewed talk of higher German taxes caused German share prices to fall 1.1 per cent yesterday. The 30-share DAX fell 15.08 points to 1,375.12. It was the third consecutive session that prices declined at least one per cent. Since gaining406 words
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Article81 1991-01-23 22 Jan 21 Close PrrvioMS NEW YORK Dow Jones 2.629.21 2.646.78 -17.57 NYSE Financial 122.35 121.99 +0.36 SAP 500 331.06 332 23 -1.17 Turnover (million) 136 226 -90 LONDON Financial Times 30 1638.7 1,654.9 -16.2 FTSE 100 2084 0 2,102.7 -18.7 Turnover (million) 314.2 344.5 -30.3 AMSTERDAM CBS Tendency index 77.881 words
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Article273 1991-01-23 22 ITALIAN share prices rebounded from lows seen soon after the start of trading yesterday, when the market was shaken by reports Iraq was destroying some Kuwaiti oil installations, although they still closed well down on the day. The MIB all-share index closed 1.83 per cent down at 968, 18273 words
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Article482 1991-01-23 22 DUTCH SHARES recovered early losses by midsession yesterday, as investors entrenched for a longer period of Gulf hostilities than initially seen, dealers said. "People are awaiting fresh news from the Gulf, but it seems we are getting used to the war," one dealer said. The CBS general tendency index482 words
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Article194 1991-01-23 22 THE PARIS BOURSE idled at the lower levels set yesterday morning and trade was thin, with the Gulf War continuing to discourage investors, dealers said. The CAC-40 index stood 15.20 points or 0.98 per cent down 1,538.37 at 1145 GMT, hardly changed on its opening of 1,541.54. Volume was194 words
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Article236 1991-01-23 22 TORONTO STOCKS gradually recovered from a sharp, opening loss to close down slightly in sluggish trade on Monday after hopes of a quick win by allied forces in the Gulf began to give way to fears of a prolonged war, dealers said. "They're not going to get rid of236 words
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Article569 1991-01-23 22 Brussels Jan 21 K«iict FORWARD MARKET Accc 2330 -40 Arbcd 3030 unch Astur 1000 f 20 Brascan 405 -6 Canpac 508 -2 Cock 141 -2 Dc Beers 570 -20 Ebcs Gb-lnno-Bm 1004 +2 (icvaert 6500 -150 Gr Bru Lamb 3170 -10 Hobok Pet ro 9780 +10 Kyi Dutch 2310 -15569 words
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Page 22 Advertisements
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Advertisement5 1991-01-23 22 TECHNOLOGY in BT every Tuesday5 words
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CURRENCY, MONEY & FUTURES MARKETS
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1235 1991-01-23 23 REPORTS THE GERMAN deutschemark opened firmer against the US dollar and steady against other major currencies in Frankfurt yesterday as operators continued to focus on the Gulf war and its likely impact on the US economy, dealers said. The1,235 words
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573 1991-01-23 23 IHT DESPITE war-induced market volatility, the US dollar is cxpccted to edge lower over coming weeks, analysts said. They cautioned that the market will continue to react sharply to any unsettling news because trading has become very thin. The only players inIHT - 573 words
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Article1122 1991-01-23 23 SIMEX 1 Open High Low Sett Est Vol Op/lnt Vol Mar 91 92 82 92.85 92.79 92.84 ***** ***** ***** Jun 91 92.92 92.95 92.90 92.94 5300 ***** 34% Sep 91 92 84 92.87 92.82 92.86 700 3707 544 Dec 91 92.55 92 58 92.54 92.57 400 33351,122 words
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Article419 1991-01-23 23 Cross rates Jan 22 US$ S$ MS Dm Yen SFr AS NZS USS 1.7325 2.7160 ***** 131.65 0.5110 1.2500 1.2804 1.6750 S$ 0.5772 1.5677 0.8606 0.7599 0.2949 0.7215 0.7391 0.9668 MS 0.3682 63.79 0.5490 0.4847 OI88I 0.4602 0.4714 0.6167 Dm 0.6707 1.1620 1.8216 88.30 0 3427 0.8384419 words
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Article568 1991-01-23 23 Interbank rates SS Bid Offer Overnight 4 3/8 4 1/2 1-month 4 5/16 4 7/16 2-month 4 3/8 4 1/2 3-month 4 7/16 4 9/16 Overnight mode: 4-3/16 IJSS Bid Offer 7 days 6 7/16 6 9/16 1 month 6 7/8 7 2 months 6 15/16 7 1/16568 words
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Page 23 Advertisements
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Advertisement5 1991-01-23 23 Management: in BT every Monday5 words
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COMMODITIES
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288 1991-01-23 24 Reuter THE technical outlook for gold futures points to lower prices despite a US$3O-an-ouncc dive last week, analysts said. Turning away from the war in the Middle East, chart watchers said Commodity Exchange Inc (Comcx) gold has not yet seen its bottom.Reuter - 288 words
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382 1991-01-23 24 MBT NATURAL RUBBER output in Malaysia, Indonesia and Thailand last year was almost equal although Malaysia may still retain its position as the top producer, according to estimates by industry sources. Malaysia's production last year is estimated to have fallen to underMBT - 382 words
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854 1991-01-23 24 REPORTS THE TIN PRICE on the Kuala Lumpur Tin Market remained unchanged at M$ 15.09 a kg following featureless trading on the London Metal Exchange overnight. Dealers said interest on the LME was thin at present, with consumers largely sidelined because of uncertainties over854 words
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Article1338 1991-01-23 24 Rubber j»n22 j MS <hfc !■>*■»> Seen u/k» M Noon Close Int I RSSPrompt I49.2V150.25N I47MVI48.50N Int I RSS Feb 91 150.25/150.75 143.50/149.00 Int 1 RSS Mar I5I.2VI5I.75 149 50/150.00 Int 2 RSS OP I47.00/149.00N 146.00/148.OON Int 3 RSS OP 142.00/144.00N 14I.OO/I43.00N Int 4 RSS OP 138.00/140.00N 137.00/139.00N Int1,338 words
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Page 24 Advertisements
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Advertisement629 1991-01-23 24 NOTICES LOST SHARE CERTIFICATES The following Share Certificates/* together with the relevant signed transfer deed* have been reported lo»t or destroyed:Hong Fok Corporation Limited Certificate No. In the name of No. of Shares ******49 Lee Heng Miss 1 X 200 ******17 Ng Teck Meng 1 X 200 ******79 The Estate629 words
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Advertisement401 1991-01-23 24 In the Matter of THE COMPANIES ACT (CHAPTER 50) AND In the Matter ot ONG SAND-BLASTING CO (PTE) LTD (In Members Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act. Chapter 50. the final meeting of the members of the401 words
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Advertisement7 1991-01-23 24 Executive Jobs every Saturday in Business Times7 words
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THE TRAVEL PAGE
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Article996 1991-01-23 25 City Flight ETA Flight CTD C i Abu Dhabi GA895 1225 Adelaide QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A471 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Bandar Seri 1421 n05 SQ182 09jJ Begawan SQ181 1410996 words
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Article, Illustration615 1991-01-23 25 Angus Mac Swan - LETTER FROM RANONG JT.S jf ■'JF By Angus Mac Swan THE trawlers arc already tied up at the Thai port of Ranong and the fishermen arc unloading the night's catch from the holds as the morning sun rises over the Andaman Sea. Huge stingrays, marlin and615 words
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Article150 1991-01-23 25 As at 3pm yesterday: Locml dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.342 1.3620 Canadian dollar 1.480 1.510 NZ dollar 1.020 1.050 Sterling pound 3.370 3.400 US dollar 1.7250 1.7400 Local dollars to 100 limits of foreign out) Austrian schilling 16.50 17.00150 words
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Article59 1991-01-23 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Jan 19-27 International Germany Stuttgarter (46(711/2589-0 Jan 23-27 International Madrid IFEMA ********** Exhibition For Messe Und Tounsm Trade Caravaning. Kongress Fair Motoring. Tourism Feb 4-9 International Netherlands Koninklije (3l)3(V*****l Building Nedertandse Jan 21-24 Middle Manama, Arabian Exhibition59 words
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Page 25 Advertisements
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Advertisement24 1991-01-23 25 GROUND WAR Ptow it v/ill be fought flu jtfiiijsjjSjjj^ Graphically told imm The latest news and much more From lunch-time Monday to Saturday mmmHRH24 words
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Page 25 Miscellaneous
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Miscellaneous278 1991-01-23 25 Presidential enthusiasm mJ U j|M the country 5 Rex is taken in by a girl? 9 Full board with nobody __MB 10 A prized metal found ag fIHHHH Hi ~flH historic timcs(3-3) j 1 I 12 Keep sealer in the standard packct(s,4) 17^ 13 Scale a 16 Endeavoured to get278 words
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Miscellaneous213 1991-01-23 25 Singapore Outlook: Passing showers over a few areas in the afternoon. Forecast Maximum temperature 30.7* C Assoc humidity 71% Minimum temperature 24.5* C Assoc humidity 95% Hours of sunshine 0.75 Rainfall in mm Nil Rainfall this month 65.8 Rainy days this month 7 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 24/18213 words
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Miscellaneous25 1991-01-23 25 gmywi ssa^sssrati. K TO "'^^i==-: i Fo* a fpoKTUWT H/\RD DPiV P\T THe OFFiC£. i V ur,pe**.... j Q c EVtWIWO STANDARD CO. LTO- I>6Mt»l25 words
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Article, Illustration478 1991-01-23 26 John Tan - THE By John Tan THE Kuwaiti government-in-exile is in the midst of mounting a massive public relations campaign worldwide at a cost ol more than US$5O million (5586.5 million) a year. To fill the "vacuum of accurate reports on Kuwait", the government will478 words
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165 1991-01-23 26 AS a precautionary measure against terrorism arising from the Gulf war, visitors to Singapore holding passports from nine Middle East countries will have to apply for a visa at any of the Singapore missions overseas. The Ministry of Home Affairs said yesterday165 words
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265 1991-01-23 26 Bernama INDONESIA, concerned about the effect of a prolonged Gulf war on its tourism year, is stepping up efforts to attract more tourists from the Asia-Pacific region. Minister of Tourism, Post and Telecommunications Susilo Sudarman said yesterday that the number of touristsBernama - 265 words
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408 1991-01-23 26 Reuter THE US NAVY yesterday told shippers that the overall risk in Gulf waters has diminished since the outbreak of war with Iraq. In an advisory to the commercial maritime industry, the US Navy Maritime Liaison Office in Bahrain saidReuter - 408 words
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Article, Illustration601 1991-01-23 26 Economic co-operation conference cancelled Agencies THE European Commission, the executive arm of the 12member European Community, began an emergency session yesterday to review the situation in the Baltic states, having cancelled a meeting with Soviet authorities on economic co-operation. The cancellation effectively freezes theAgencies - 601 words
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430 1991-01-23 26 S N Vasuki - By S N Vasuki NINE South-east Asian central banks and monetary authorities (Seacen) have voiced concern that developed countries have "failed to recognise the importance of prudential and monetary policy considerations in the financial services sector". Seacen was referring to the draft text430 words
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Page 26 Advertisements
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Advertisement74 1991-01-23 26 ii I IS/1 CZI EE E5 cz: I—ll The Richness Of Leather Handmade To Perfection. EN BLOC SALE 36 APARTMENTS EXCLUSIVE LOCALITY NEAR BOTANIC GARDENS DISTRICT 10 Freehold Tenure 3-bedroom apartments Fully tenanted Total floor area 6,178 sq.m. (66,500 sq. ft.) Suitable for staff accommodation or service apartments operation Top74 words
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Advertisement203 1991-01-23 26 —II The Richness Of Leather Handmade To Perfection Canadian Overseas Colleg^ WHAT'S IN A CANADIAN I EDUCATION FOR YOU? A Canadian education otters: I Instruction provided by certitied Canadian teachers I A curriculum developed in accordance with Ontario Ministry I guidelines I •An internationally recognized diploma the Ontario Secondary Schoo203 words
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Shipping Times
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357 1991-01-23 27 Rahita Elias - By Rahita Elias FEEDER operator Regional Container Lines (RCL), Japan's giant logistics carrier Nippon Yusen Kabushiki Kaisha (NYK) and Italian line Lloyd Triestino will launch their joint full container service between Singapore and Australia next month. The joint Australia South Asia (ASA) Service is a357 words
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Article, Illustration308 1991-01-23 27 UPI THE GULF WAR is prompting China's two leading ocean shipping companies to impose stiff new surcharges on cargo transport because of route detours and higher fuel and insurance costs, an official newspaper reported on Monday. The English-language Chi- aa DailyUPI - 308 words
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191 1991-01-23 27 AFP CHINA has mapped out a new railway line from Beijing to Hongkong that will cross a new bridge over the Yangtze River, the official China Daily said on Sunday. The 2,900-km line was planned "to get ready for Hongkong's return to theAFP - 191 words
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261 1991-01-23 27 AP THE SHUTDOWN of Eastern Airlines briefly stranded some military personnel trying to report for duty in the Mideast, while some Eastern employees were unable to cash their final paycheques. Eastern stopped service at midnight on Friday, after almost two years in US Bankruptcy Court.AP - 261 words
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103 1991-01-23 27 AFP THE MALAYSIAN navy intercepted and seized an assortment of firearms from four foreign-owned fishing vessels in Malaysian waters last month, a senior Malaysian naval officer said. Ahmad Ramli Mohamcd Nor, head of the Maritime Enforcement Coordinating Centre, said the weapons, including AmericanAFP - 103 words
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325 1991-01-23 27 KHaidir Abd Majid - By KHaidir Abd Majid THE MOVE by the Federation of Malaysian Freight Forwarders (FMFF) to unify forwarders into one single trade organisation received a boost recently when it established contact with forwarders in Sarawak. However, the federation faces a setback when one of325 words
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Article, Illustration372 1991-01-23 27 Dexter Lee - By Dexter Lee NORWEGIAN carrier Pla-tou-Pacific has embarked on a major marketing programme to capture a bigger share of the break-bulk cargo shipments between Southeast Asia and the west coast of North America. In December, PlatouPacific beefed up its marketing efforts in this372 words
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NEWS SUMMARY
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66 1991-01-23 27 THE SHUTTING of Eastern Airlines last Friday night is likely to benefit other US airlines, which will now have the opportunity to expand operations in Florida, Georgia and New York by buying Eastern's gates and landing rights. But for the public, the demise of66 words
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89 1991-01-23 27 MARINE and aviation underwriters did not seem to care much that they were helping to make history at the Lloyd's of London insurance market on Sunday, which was open for the first Sunday in its 303 years. They were more concerned with reports that89 words
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60 1991-01-23 27 BLAMING tension in the Middle East, Trans World Airlines announced plans to lay off about 1,500 flight attendants from Monday, the flight attendants union said on Sunday. A recorded telephone message to members of the Independent Federation of Right Attendants said the airline60 words
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LOG BOOK
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114 1991-01-23 28 THAILAND on Monday opened a 2.45 billion baht (US$9B.2-million) deep-sea port aimed at relieving congested Bangkok port and developing the country's eastern seaboard. The Laem Chabang commercial port is in Chonburi province, about 130 km south-east of Bangkok. The first phase opened after114 words
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Article86 1991-01-23 28 US-BASED Sea-Land Service has boosted its presence in South-east Asia by opening offices in Malaysia. The new company, Sea-Land Service (M), was formed on Jan 1 with Alan Lee as country manager (Malaysia). Its headquarters are in Kuala Lumpur and a separate sales and operations86 words
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Article65 1991-01-23 28 THE PORT OF Singapore Authority has advised mariners to communicate with Jurong Control Station via VHF channel 22 for information on the laying of a fibre optic cable from Pandan to Pulau Ular for Shell Eastern Petroleum. Mariners are also advised to keep clear of the65 words
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Article55 1991-01-23 28 THE POTONG PASIR Sub-Post Office will open on Jan 28, replacing the Potong Pasir Post Office on Feb 25. On the same day, Bedok North and Telok Blangah West Post Offices will be replaced by two postal agencies, which will only sell postage stamps and55 words
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Article107 1991-01-23 28 THE LLOYD'S OF London Press has recently released two new books Laytime and Demurrage by Mr John Schofield and The Law of Towage by Mr Richard Davison and Mr Anthony Snelson. Laytime and Demurrage traces the development of law and practice in this area, covering107 words
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Article81 1991-01-23 28 MALAYAN RAILWAYS (KTM) will provide special express services from Singapore to Kuala Lumpur from Feb 13-18 for the Chinese New Year. These will depart from the Republic at 11 pm and arrive in KL at 5.40 am the next day. Bookings can be made now. The Singapore-Kuala81 words
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Article52 1991-01-23 28 BRITISH AIRWAYS is to resume flights between London and Oman and the United Arab Emirates, with three departures planned for the week. A British Airways spokesman said the decision to resume flights to the Gulf was being examined hourly and could be cancelled at52 words
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Article, Illustration1208 1991-01-23 28 Keith Bradsher - Other US airlines now have the opportunity to expand operations in Florida, Georgia and New York by buying Eastern's gates and landing rights, but the public is likely to find winter vacations in Florida more expensive. Keith Bradsher reports Keith Bradsher NYTNYT - 1,208 words
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Article904 1991-01-23 28 Jan 24-27: Airport, Port and Transport Exhibition APEX '91, Hongkong. Jan 29-Feb 2: Dubai '91 Air Show, Dubai, United Arab Emirates. Feb 3-5: ICAA/AOCI Conference on Competition in the European and Asia/Pacific Air Transport markets, organised by ICAA European Community Bureau, The Oriental, Singapore. Feb 6-8: World Trade904 words
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Article13339 1991-01-23 36 This is a list of ships loading leise at Singapore for ports around the world. It tabulates, by Nedn destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure Nedi from the Port of Singapore. Advanced dates are pub-13,339 words
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SHIPS IN PORT
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Article423 1991-01-23 43 fry W, Bwth fcrtwl Vcud *oy Hi Brti fcrfri Di»«W« Keooei Wharves St Nikolas 1 02A21 SOI alongsrte 25 01/0800 Baiyinshan 1/91 K32 akxwsde 2301/2300 Anastasia NB-122 S03 2201/0800 2501/0900 Kota Pusaka E-882 R31 28 01/0600 Tou 173 0001 S04 23 01/1000 24 01/0630 Song Saigon 1423 words
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Article1326 1991-01-23 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookn|/Babnc« Mb Ship Voy No Etb/Btr Pariod From To From Ag Jade 3W 23/2359 1 22/1500 22/1659 22/1900 M Goncharov ***** 24/1200 1 Cancelled 2 22/1700 23/0659 23/0900 3 Cancelled 4 23/1200 23/1459 23/1700 Ma Bhum 458N 24/1445 11,326 words
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Article270 1991-01-23 43 Kmwtw Pwt Barth 1: Pen Riser. Berth 2: Spring Horse. Borfli 3: Tiada. Berth 4: Santos. Arttif Princess. P*n ofl berth outer Stott Taurus. Pin oi berth inner: ml. Mbieral el berth: Meridian Sun. Service jetty: Jeramac 67 Tunda Eastern State. DMen'Sn 22: Ikan Acapulco, Sea Eagle270 words
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Article1105 1991-01-23 43 THE DRY cargo freight market on Monday saw little grain business but lively time-char-ter activity in the Far East with rates generally firm, brokers said. Market operators were assessing the impact of the Gulf war on dry bulk shipping. "People are sitting on the fence waiting to find1,105 words
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Article, Illustration784 1991-01-23 44 Surge of interest in coverage against terrorist attacks as Gulf War continues NYT DAVID Peachey, an aviation underwriter, did not seem to care much that he was helping to make history at the Lloyd's of London insurance market on Sunday, which was open for theNYT - 784 words
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Article, Illustration258 1991-01-23 44 AP BLAMING tension in the Middle East, Trans World Airlines announced plans to lay off about 1,500 flight attendants from Monday, the flight attendants union said on Sunday. A recorded telephone message to members of the Independent Federation of Flight Attendants saidAP - 258 words
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Page 27 Advertisements
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Advertisement10 1991-01-23 27 Eastern's demise likely to benefit airlines, not passengers, Page 210 words
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Advertisement119 1991-01-23 27 HI UNITED I EUI9 LEASWG A SERVICES PTE LTD CaH Te1:*****33 j Contamer Schedule 17 Darfy Fretffe 17 Index to Advertisers 3 Slippng Gude 10.11 Shgß «i Port 17 Singapore Tries 17 Transport Dwy 2 Weather and Sea Conditions 17 r-, *V- NYK Logistics Service Centre Asean's Leader in the119 words
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Page 28 Advertisements
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Advertisement360 1991-01-23 28 MORTGAGEE AUCTION A Under instructions from a F.F. "PROTANGUE" a W leading International Bank W a Current hull condition report available A v (Curnnuy located Comprehensive information package available w 9 Tasmania, Australia) DESIGNED AND SUPPLIED: by Stord Bam Industn a s Bergen W A Norway in 1972 Major refit360 words
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Advertisement10 1991-01-23 28 The Weekly Freights report was net available at press time.10 words
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Page 29 Advertisements
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Advertisement2025 1991-01-23 29 jarmne shipping agencies AMaIVA 200 Cantonment Road #12 05 South point, Singapore 0208 \llVf/ T «i *****11 telex no rs 24m fllllf TERMINAUCFS Tel *****18 220 rfcmfln BOOKINGS TH *****34 258 L VjQQf J «ESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: 3684 US TELEX NO MA*****,'MA3970l ptNANG TEL2,025 words
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Advertisement1236 1991-01-23 29 MDEX TMJVERTISERS T Uoyd Triestino 4 1/2 i Lucky Seaway 15 3 ABC Containcrline 13 5 Lykcs Lines 5 3 Accord Group 8 1-3 r 1 AFS 15 1 I M Ahrenkiel Liner 16 3 Albatros Sea-Air 14 3 Mabels Agenc.es 412 Alfred CToepfer 15 5 Rh Anris 6 11,236 words
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Advertisement2249 1991-01-23 29 pQßEHsasza NEXT SAILING TO U.S.A. LOUR MAERSK V.9102 ETA 29/1/91 Vessel Vo* ETA I ETO 'Port •Penanfl DESTINATIONS Singapore Kelang This «•>«• Lows Maersk 9102 Feeder by or 79/1 oaoo hrs rareo t CfS- 2*\ 23W MRS M Taoro OAK LGB MOO MEM ATL MIA CMS BAL PML NYC MON2,249 words
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Page 30 Advertisements
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Advertisement1126 1991-01-23 30 I I ROTTEDAM/ VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE MONTE ROSA 11/507 2471 18/2 12/2 11'2 NOTE KASUGA 13/511 27/1 13/2 16/2 18/2 l BREMEN EXPRESS 01/510 3/2 28/2 22/2 21/2 27/2 1 ALL WESTBOUND P. LIVER POOL BAY 03/514 3/2 20/2 23/2 25/2 KELANG PENANG CARGO1,126 words
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Advertisement510 1991-01-23 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L. J. RONTANG 21-28/1 9/2 11/2 IS/2 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA ft NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO L. J RONTANG 21-28/1 1/3 2/3 5/3 6/3 7/3 Callao or Santiago510 words
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Advertisement1173 1991-01-23 30 SV6BMIA SJSWK REGULAR INDEPENDENT RILL COWTAtHER SERVICE v IWKTB6UNDF6H EUROPE bc hu( bbe 0T fEI ViL VO (VIA (VIA (VIA ALG) HAM) ROT) NORASIA AL MANSOORAH 9047-3 28/01 16/02 17/02 21/02 22/02 23/02 24/02 25 02 02 888 Si So S SS mm SS uS S NORASIA PEARL 9050-3 18/021,173 words
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Page 31 Advertisements
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Advertisement1716 1991-01-23 31 BjgSteamers Maritime Holdings Lldj P&O Containers MUm I Vo, No |p KlaogSpore Iston h bui| B'hawn irrtjm left nllt I BINAVON 508 -BAR I'ol 22D1 08,02 10(0? 12.® MXirii uut »Ait» MONTE ROSA 11 507 BAR 1 '01 24/01 18.02 13,0Z 11,02 1/(02 CARGO KASUGA I 13/Sll TOB 2201 29(011,716 words
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Advertisement1581 1991-01-23 31 TO: U.S.A. FM: V.S-A--SP OAK LU CRI FM SAW NO* NYC NYC PHI NOR SAV JAX CRt ICR OAK SP vn nukmt ft IM Ml 11 > > jij 12,1 I*l IV3 JAPAN SEN DA IK HI Ufl All 21/1 2WI 4(2 W 4(2 EF 10" m u/1 nil *a1,581 words
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Advertisement448 1991-01-23 31 STRAITS/ JAPAN/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS I VESSEL SEKI COSMIC ORANGE ORANGE I PINE PIONEER OCEAN MOON I VOY NO 25 U 95 9 I Spore 26/1 25,1 27/1 30 1 I P. Kelang 27/1 2*l 1/2 I Penang I Yangon 1 Mongla I Chittagong I448 words
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Page 32 Advertisements
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Advertisement709 1991-01-23 32 na CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE VSL VOY S PORE If) DAM, ADAM H BURG BREMEN ANTWERP MATARAM/28WB 4/2 8/3 13/3 16/3 20/3 TRIAS UNITY/OKWB 4/3 6/4 12/4 17/4 21/4 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement. Also accepting cargo to Caaablanca. Poet Said. Port709 words
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Advertisement775 1991-01-23 32 0 1- ift HANJIN SHIPPING FEEDER VSL SIN LINE HAUL LAX OAK S pore LEH RTM ANR HAM BRV FEL CHOYANC CLORY OQ2E 2»/l H POHANC 10JE U/2 Wl HANJIN TONGHAE (MOW 2/1 14(2 152 16,2 16/2 18(2 192 CHOYANG SUCCESS 012E 4/2 H HAMBURG 00» 4/3 7/3 HANJIN FELIXSTOWE775 words
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Advertisement153 1991-01-23 32 LI AN HUAT SHIPPING CO.. (PTE) LTD. 1 WIHA 10 Anton Road. #14-19/20 International Plaza, Singapore 0207. FAX: *****94 Tels: *****11/*****22 Tlx: RS ***** AB LENHUAT DAILY RECEIVING CARGO AT MARINA WHARVES CON MOl TEL: *****19 AND P2 TEL 47*497 TO INDONESIA VESSEL ETA ETD DESTINATION HONG MOCK In Pt153 words
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Advertisement1341 1991-01-23 32 f J _j .T IPKL SCP HKC KSC KLC PUS MKT OSK NCY 9U TYO UIX CHS BAL NYC LHV ANW *0M THP HBC PSD CMB PKL SCP e golden Rt-on mnn s/2 *2 an 11/2 I*2 I*2 w va I*2 w I*3 I*3 I*3 2*3 2*3 vn 21a 3*31,341 words
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Page 33 Advertisements
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Advertisement1386 1991-01-23 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL. 2/899/7 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16^ AUST/INOIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48'. Wo&m M TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS K27-IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 jjP!!!r K^_ P (O3) E 2614^^ H p 5 Ke1,386 words
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Advertisement1022 1991-01-23 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****11 *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING rROM FASTBOUND I LOADIHG FOB WfSTBOUNO rtSMLS VOYAtt |SPORE |MANILA HKMC VOYAGE |~S«« PKLANC HBuRC BHAVEN TILBURY ROTT1,022 words
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Page 34 Advertisements
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Advertisement1486 1991-01-23 34 -i !Kl' line KAWASAKI RISEN KAISHA. LID. J j export n amtk; A.FAcmcsouth-west n,ambwca'fAcmcswrw-TrMi l-*"—7 utvufi uccui «0T HOUS Li OA* THY FEEDER VCSSCL WO* TKT SCP FEEDER VESSEL VOY'INOO I*jP*C SCP MOTHER VESSEL VOt U OAK CHI JVC NOT" MtOGE 40 *12 1/1 3(1 U» LIOHS GATE BRIOCE 131,486 words
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Advertisement1263 1991-01-23 34 I PHIU-OmCNT LIN€S PT€ LTD Iviv 108 ROBINSON ROAO 907 00 GMG BUILDING SINGAPORE 0106 Y TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION ■HiHfllßiillliflHPPPllpHHiH I Vancouver, s*western ontario. 27 JAN DUBAI,1,263 words
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Page 35 Advertisements
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Advertisement1460 1991-01-23 35 jgaaPff PACIFIC INTERNATIONAL LINES (PTE) LTD JhK PIL Building, 140 Cecil Street *03-00, Singapore 0106. 1 JAKARTA 1 I BANGKOK H EOIN EL Un 30M S V2 PEGASUS PROGRESS JHf 2/M 3VI K£A JADE 9102 «n SEA GLORY .103 24/, 27/1 31/1 GOWA 9102 30/1 2/2 HAI HUI 9103 25/11,460 words
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Advertisement1051 1991-01-23 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT ESSEL |VQY SPORE P KLANG S HAMPTON HAMBURG BHAVEN R DAM L'HAVRE lonte Rosa* 11/507 24/1 18/2 12/2 11/2 17/2 asuga 1+ 13/511 29/1 Via TOB1,051 words
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Advertisement341 1991-01-23 35 m MYANMA pßfe FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI66W In Pt 24/26 Jan LOIKAW VI6IW 23/24 Jan MPA AN Vls9* 27/21 Jan PINYA VU3W 22/23 Jan PATMIEN VIO9W 9/12 Feb it Feb THE BANK LINE (A service of Andrew341 words
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Page 38 Advertisements
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Advertisement800 1991-01-23 38 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBC MECKLENBURG WMIOS 25,1 23/2 22/2 2V2 24/2 20/2 PANAMA SEN WMO6 30/1 24/2 22/2 21/2 25/2 I EUROPEAN SEN WFIO7 5/2 1/3 2/3 21/2 10/3 BRANDENBURG NMlOt 5/2 5/3 5/3 1/3 7/3 3/3 TO800 words
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Advertisement1082 1991-01-23 38 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 20/01 ft 02/02 LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON MAMBWIG MANCHESTER LE NARVE ANO ALL EUROPE MLANO DESTINATIONS FAR EAST PORT KELANG 25/01 4 1/02 MANILA 26/01 2/02 PENANG 25/01 1/02 BUSAN 26/01 2/02 BANGKOK 25/01 29/01 TOKYO 24/011,082 words
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Advertisement244 1991-01-23 38 ET LOADING FOR VtSSEL SPORE CBO DSN BAIRCS MVIOfO RIO STS VII PACUA MOSTWUN I 1/4 M UK «rt OPT MSOII DISCHARGING EM BRAZIL VESSCI SPORE HKC IML *U TOK NCO ROB T,3K" 1 ui u/i m i*i »3 Ed6E*|gH|m™ Regular BBulk and Container Service Direct to Turkey, Red Sea/244 words
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Advertisement1260 1991-01-23 38 f IU 5P CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE l s 2, MISTRI ROAD, HMC BUILDING FAX: *****66 #IS-00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: OOOTAR SHIPPING Liu TO EUROPE nom PIWOWS VESSEL/VOV SCP ROT HAM FLX ANT WW VESSEL/VOY n« ROT HAM ANT1,260 words
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Page 39 Advertisements
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Advertisement825 1991-01-23 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All iPI Destas 25/1, 1/2 I I EUROPE all Ports 26/1, 2/2 BANGKOK 24/1, 27/1 HONGKONG/CHINA 26/1, 29/1 SYD, MEL, ADEL, BRIS 24/1, 28/1 FREMANTLE 25/1, 1/2 MANILA 25/1, 1/2 PKLG/PENANG 25/1, 2/1 Port Kelang Branch Tal: *****21/2/3825 words
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Advertisement239 1991-01-23 39 SraSLO MARINE AGENCIES (S) PTE LTD I TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 Pg TELEX: R8 ***** RIBHIP (3 Llnaa) f\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL j VESSEL IVOY ETA ILOAO«NG FOR SPORE ABBAY WON 2 2WB 07/02 DARESSALAAM MOMBASA OJIBOUTI ASSAB MASSAWA239 words
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Advertisement733 1991-01-23 39 tata.P T MASKAPAI PELAYARAN Pa puLAU LAUT j FULLY CONTAINERISED REGIONAL FEEOCR SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS f WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL VOY SIN JKT PAJ SIN733 words
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Advertisement602 1991-01-23 39 CR NO nil BANGKOK CEBU/MANILA VESSCI VOY tMGAPOEt BANGKOK |VESSEL IvOY SPORE CPU MANHA VESSEL VOY SINCAPORE BANGKOK SO STAR 04A 24/1 30/1 1 NANTA BHUM 2SN W«d Pt Sat 26/1 KITI BHUM 058 31/1 6/2 1/2 JENLINK 41N Fri 75/1 Mon 21/1 SO. STAR 06A 7/2 13/2 15/2 SIAM602 words
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Advertisement382 1991-01-23 39 TO AUSTRALIA/NEW ZEALAND rjsi |Fr«a Eft K5 Kidi fit* tP. CMALB E HUOW 2MH M W W 5/2 OP »2 B/2 BRUSSfI 2tt 17/j 555 W V 3 1M UO C. VUOUK m 1/3 W3 1M 2M 2V3 27/3 30/3 *NTWE*«H IK m S5 *T3 W W 55 IS DATS382 words
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Page 40 Advertisements
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Advertisement1282 1991-01-23 40 MAC-NELS SINGAPORE 11 export TEI. *****22"] I MPOW TEL *****02") TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 11. qahru TFL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL (087) *****9 LJVy SJJAKARM tIL1,282 words
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Advertisement413 1991-01-23 40 ppwpp™ ffgfc BLUE STAR LINE II SINGAPORE TO jjj NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL *WLFOE AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVEECAEGIL, FIJI AND TAHITI SIN N PtY AUCK IVT PREMIER 10S 31 Jan IS Feb Via413 words
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Advertisement1051 1991-01-23 40 /361 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES)"" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VtT ETA BUT VESSEL NT ETA KIT KIM SOON LI 03/91E 24 JAN PENANG JENHOL1,051 words
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Advertisement913 1991-01-23 41 supping limes, Wednesday January 23 mi mi COMPANIA PERUANA sCgAL DE VAPORES "PERUVIAN STATE LINE" |j ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore E'Msia THOMASEVERETT 29/30 Jan 31 Jan/01 Feb KARABIEVERETT 02/04 Feb913 words
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Advertisement504 1991-01-23 41 VSI Ivor Is PORE IMAINLINEN [LAX IKST t&AV |NYC |HFX~ Zlt* YOKOHAMA 14E »1 ZIM AMERICA 19/2 21/2 3/3 Hi 7/3 A VESSEL 30.1 2IN KEELUNG ttl </3 W *1 11/3 2IM OSAKA lit «2 2IM HONGKONG 1/3 11/3 14/3 17/3 I*3 A VESSEL W 2IN HONGKONG 3/3 11/3 14/3504 words
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Advertisement669 1991-01-23 41 MSING HWANG HANGIji WW <PT*> LTO WEEKLY LCL/FCL SERVICE I VESSEL [S PORE I JAKARTA SURABAYA MEKHANIK KURAKO V 44N 24/1 27/1 I EQUATOR JOY VIIN |2S/1 I- 128/1 I VESSEL S PORE BANGKOK A VESSEL 23/1 26/1 A VESSEL 25/1 28/1 DESTINATIONS ETA SINGAPORE PORT KELANG 25 JAN MANILA669 words
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Advertisement556 1991-01-23 41 ns PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIM JKT SBY PRASETIA 139 A 24/01 27/01 PELOPOR 972 26/01 29/01 PRASETIA 141 A 31/01 03/01 PELOPOR 973 02/02 06/02 TANTO UTAMA 137 28/01 31/01 TANTO UTAMA 139 04/02 07/02 TANTO UTAMA 141 11/02556 words
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Advertisement415 1991-01-23 41 SIN FAN EAST 27/1 KEELUNG/KAOHSIUNG 1 26/1 BANGKOK 28/1 MANILA/CEBU 26/1 JAKARTA/BELAWAN/SURABAYA 26/1 PORT KELANG/PENANG/E. Malaysia 29/1 BUSAN 27/1 TOKYO/YOKO/KOBE/NGO/OSA 29/1 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai UN EUMPE/BK 26/1 LDN/FLX/LVP/SOU 26/1 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN MSA/CANAfIA 30/1 LOS ANGELES/NEW YORK all IPI415 words
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Advertisement600 1991-01-23 42 xOA CB SHIPPING t@) MARINE SERVICES north QUEENSiAND/PARUA NEW GUINEA SERVICES CONTAINER/LCI/BREAKBULK SERVICE "AWKE" SERVICE JAK SPt POM LA£ T'WILLI V2ISB 3ftl 1/2 IW IV2 NB LAf CARGO TSHIP SAN lUA* POM BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53.50 B/BULK USD 500 LCL uso 350 SUBJECT REVIEW BOOKINGS ACCEPTED FOR600 words
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Advertisement411 1991-01-23 42 MBiglili—l SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOV ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE K.V.U V.018W91 31/1/91 21/2/91 22/2/91 25/2/91 SG. V25-90W 30/1/91 26/2/91 16/2/91 21/2/91 B.M.T. V.OICW9I 8/2/91 3/3/91 4/3/91 9/3/91 NC V2690W 10/2/91 9/3/91 27/2/91 4/3/91 ALSO ACCEPTING CARGO FOR Mil ANO LASPEZIA PROVAGUO BARCELONA ZURICH VENEZLA MARSEILLES411 words
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Advertisement444 1991-01-23 42 sw ptl dbn rby lALS STRENGTH VOIW 02/02 12/02 17/02 22/02 IDANAOS VO3W 09/03 19/03 24/03 27/03 I A VESSEL VO4W 21/03 31/03 05/04 I Accepting FCL and LCL tor Johannesburg RBY DSN PTL SM KEE BUS ALS TRUST V32E 01/01 00/01 15/01 23/01 31/01 02/02 ALS PROSPERITY V34E 15/01444 words
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Advertisement552 1991-01-23 42 CUJ! con wnv inTERmoDQpi LCL/FCL SERVICE FROM J H fij W CUffoparalM ovw 600 lorminote/offlc** in U.S. A 1 I I jfflßi m Cliff maintain* ovsr 35,000 tractor* A truck*. I I HMM Jew mtvm ovw 60,000 points In USA I (jjglj /JMK\ QUfl offM- rtiiabto LC4/FCL MfvicM. Gtmril Agantt:552 words
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Advertisement507 1991-01-23 42 Straits Container Agencies (a member of Steamers Maritime Holdings Ltd) CONTAINER FEEDER SERVICE P T ANGKUTAN PERTAMBANGAN SERVICE VESSEL VOY SPORE JAKARTA SURABAYA TAKARI IV 4054 25 JAN 27 JAN TAKARI I 1(72 28 JAN 30 JAN TAKARI IV 4056 02 FEB 04 FEB TAKARI I 1674 04 FEB 0(507 words
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Page 43 Miscellaneous
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Miscellaneous295 1991-01-23 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 02N 0300 MOO 0500 KOO 0701 MM 0900 *****100 ***************0 IMO 17* WOI9N 2000 M 0 2200 2300 i!«ii a 15" aai;:isaa a a a a aa aaa s a a S 11 iu""»1!\l !i Si 1:11:5 B M295 words
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Advertisement381 1991-01-23 44 I ff£ KWANG CHUN TRADING ENTERPRISE I PELAYARAN. SAMUDRA AGUNG 'smtssrjs as 0 84 MSDUSY* 24/1 PEKAN BARU/DUMAI KUALA SIAK V W t^M*(^BA»A) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BAT AM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift381 words
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Advertisement668 1991-01-23 44 AHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI INNOVATOR 38E 23/1 31/1 11/2 21/2 24/2 23/2 HYUNDAI CHALLENGER 37W 11/12 21/12 24/12 11/1 23/1 HYUNDAI PIONEER 38€ 2/2 7/2668 words
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Advertisement573 1991-01-23 44 CHARTPOINT Every Saturday in Business Times SESEEESESESS^SS NOTICE M.V. OCEANIA QI'KKN" VOY. 44 Arrived Stagapere 14Jl.»l Consignees of all damaged cargoes en the captioned vessel is hereby notified that a general survey will be held on the 24th January 1991 (Thursday) Kcppel Wharves at K 30 0900 raOO hours. No573 words
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