The Business Times, 12 August 1998
1998-08-12
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The Business Times
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Title Section12 1998-08-12 1 MITA(P) 110/12/97 85c THE BUSINESS TIMES SINGAPORE Internet: http://business-times.asial.com.sg/ WEDNESDAY, AUGUST 12,199812 words
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Article66 1998-08-12 1 □sni MW7J3 (-31.34) nUT-fIU km 413.74 (-20.50) nßToaap ******7 (-35.20) BTMfIA 564J8 (-11.60) rTMABKETHOOD! BUfcDown STOCK MARKET INDICES Tuesday Change KLSE COMP 134.79 -|&§8 NIKKEI 15,406.99 -219.43 HA.VOSENO .6,***** -254.87 SET INDEX 234.14 -4.16 JAKARTA COMP __407.06 1411 MANILA COMP —1,371.19 -6447 TAIPEI WP! 7,183.98, +11.86 SEOUL COMP66 words
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Article76 1998-08-12 1 mm USI St USS 1.760 £(US$/S$ per 1.831 1871 DM 1.784 0.986 YEN 147* 1.199* RM 4.260 0.413 HK$ 7.741 0527 BAHT 4210 0.042 RUPIAH ***** 0.014 St to 100 units FUME BATES SINGAPORE* 7g8 KUALA LUMPUR 11.60 JAKARTA 28.00 BANGKOK 14.75 Manila 22.90 HONO KONG 1026 TAIPEI sm76 words
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Article, Illustration890 1998-08-12 1 Slump in Asian equities and currencies touches off heavy selloff in US, Europe Reuters [LONDON] Financial markets around the globe were battered yesterday by growing fears that a slowdown in major industrial and emerging economies has further to run. "There areReuters; Source: Bloomberg; Source: Bridge - 890 words
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Article81 1998-08-12 1 Reuters [NEW YORK] Wall Street steadied somewhat by Ipm EDT yesterday after plunging by as much as 223 points earlier in the morning. Spooked by renewed fears that the Asian crisis will hurt the US economy and corporate profits more than it already has,Reuters - 81 words
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657 1998-08-12 1 Audrey Tan - Forecast of 0.5-1.5% growth stays; 2 of 5 sectors shrank in Q2 By. Audrey Tan [SINGAPORE] The economy will weaken further in the rest of this year, but a fullyear recession is still unlikely, the Ministry of Trade and Industry (MTI) said657 words
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Article, Illustration364 1998-08-12 1 Wong Wei Kong - By Wong Wei Kong [SINGAPORE] The net outflow of portfolio investments from Singapore quickened in the second quarter, more than doubling to $3.94 billion. The second-quarter figure, released yesterday with the quarterly economic survey (QES), indicates that the slowdown in fundSource: DOS - 364 words
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Article, Illustration61 1998-08-12 1 !c pur i Wlth hnrdly 10,000 km on its odometer and costing over a million dollars when new is going for a meres3oo,ooo. There are about 200 Rolls registered in Singapore. But in the present economic climate some are finding their way from the garages of wealthy homesARTHUR LEE - 61 words
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Advertisement132 1998-08-12 1 mapE September OOEs down Certificate of Entitlement premiums in September fell across the board with quotes for big cars, luxury cars and the open category now near five-year lows, Pf 2 Hack Lock Siew What the DBS-POSBank merger means, Pf 19 ftufk to Malaysian Airline System will shift some of132 words
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Advertisement6 1998-08-12 1 Mid-continent shaves cornered: SES, Pg 196 words
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Advertisement16 1998-08-12 1 Ten, Nikkei plunge, Pg 7 More reports, Pg 4 Editorial: It's looking grim indeed, Pg 1516 words
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Advertisement146 1998-08-12 1 I Invented for you The Type XX Aeronavale chronograph has a doubly prestigious heritage. It is true to the inventive spirit of Abraham-Louis Breguet, The Breguet spirit contributed m to mans conquest of the the greatest watchmaker ever known. It is skies through aircraft such as theßnguet imbued also with146 words
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SINGAPORE AT HOME & ABROAD
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506 1998-08-12 2 Yen Sreenivasan - September premiums fall across the board; trend expected to continne for next 6-12 months By' Yen Sreenivasan SEPTEMBER'S Certificate of Entitlement (COE) premiums fell across the board with quotes for big cars, luxury cars and the open category now near five-year lows.506 words
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Article, Illustration408 1998-08-12 2 Rahita Elias - By Rahita Elias US COMPUTER giant Compaq's plant in Yishun will focus on producing higher val-ue-added products, while outsourcing the lower-end activities to subcontractors. K Y Wong, Compaq's vicepresident and managing director for Asia demand fulfilment. recently told The Business Times: "ByARTHUR LEE - 408 words
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Article, Illustration390 1998-08-12 2 Soh Tiang Keng - German insurer aims to achieve 3b mark target by year 2000 By Soh Tiang Keng GERMAN insurer Allianz, which recently acquired AGF of France, plans to increase its premium income in the Asia-Pacific region by more than three times to more than three billion390 words
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254 1998-08-12 2 IF not for the hard work of previous years, Singapore could already be facing a "bad recession" of minus 5 to 10 per cent growth this year, instead of still growing, NTUC deputy secretary general Lim Swee Say said yesterday.254 words
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560 1998-08-12 3 Ronnie Lim - It counters report that 2001 date won't be met because of Indon financial crisis By\ Ronnie Lim PREPARATIONS are underway, both on the construction and financial fronts, to ensure that Indonesian natural gas supplies can start arriving here from 2001 as scheduled. a560 words
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183 1998-08-12 3 REFLECTING the continuing poor oil market, Shell, which operates Singapore's largest refinery, will effectively be operating just two of its three basic crude distillation units (CDUs) this month. A Shell spokesman yesterday said the refinery would at any one time during this183 words
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Page 2 Advertisements
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Advertisement182 1998-08-12 2 Hair Problem Detection Week During this Hair Problem Detection Week, trichologists* at SVENSON will take a few hairs from the problem areas of your scalp and send them to be professionally analysed at advanced laboratories in Europe. You can then find out more about your hair or scalp problems and182 words
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Advertisement143 1998-08-12 2 Show Your Potential WmiCUAR AND HEALTHY LOOKING SKM pf Some men limit their potential to IB achieve their goals because they look W f drained, not in the best of health and older than their age. An EXECUTIVE SKIN PACKAGE early premature wrinkles, open pores, baggy eyes and out what143 words
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Advertisement252 1998-08-12 3 jB P®®^P^*S^\. H N#K 11 \)v VmM »HAPPY SPOBT« w^B\ T^fa 4 g;> gf precious at all times Cortina Watch Centre Singapore Pl«- City 401-.36. Tel: *****85 Luckv Plaza #01.12. Trl: 7.*****8 #01-63/64. Tel: *****28 Paragon Z*****4 K.L Plaza. Tel: *****71 Full professional after sales service provided. For a FREE252 words
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2ND QUARTER ECONOMIC SURVEY
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Article, Illustration425 1998-08-12 4 Audrey Tan - Findings correlate with sector's Q2 performance, with ontpnt down IJ% By. Audrey Tan BUSINESS sentiment has taken a decisive turn for the worse among firms in the manufacturing sector, an Economic Development Board (EDB) survey showed. The quarterly business expectations survey found a netSIEW YAW HOONG; Source: MTI - 425 words
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Article, Illustration412 1998-08-12 4 Clarissa Tan - By I Clarissa Tan TOTAL bank loans growth fell for the eighth straight month to 5.3 per cent year-on-year in June, and analysts predict flat or negative growth at year-end. Loans growth to the key housing sector alsoSource: MAS - 412 words
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Article, Illustration600 1998-08-12 4 Siow LI Sen - Overall construction activity supported by public sector projects By I Siow LI Sen WHILE growth in construction, and transport and communications moderated in the second quarter, the two sectors are still expected to help prop up the overall economy this year, said the MinistryFILE PHOTO - 600 words
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435 1998-08-12 4 Jennifer Lien - But fundamentals in US and EU remain healthy: report By, Jennifer Lien SINGAPORE'S OECD growth engines are showing signs of losing steam, the Trade and Industry Ministry noted yesterday, but added there were still some bright spots. In a feature article, Whither our435 words
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418 1998-08-12 4 Slow Li Sen - Consolidation by Tokyo banks, lower forex activity cited By\ Slow Li Sen THE financial and business services sector saw a sharp slowdown in second quarter growth to 2.5 per cent, down from 6.6 per cent a quarter ago, partly as Japanese418 words
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SURVEY Snippets
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Article81 1998-08-12 4 TOTAL demand fell 5.2 per cent in the aeccmd quarter, M compared to growth of A 2 per cent a quarter ago. Tbe&U waa lad by a *4 pur <nnf «hrtw Vnpn In reflecting the contraction in regional trade activity Total domestic demand Ml 1.7 per81 words
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76 1998-08-12 4 LABOUR productivity shrank 2.6 per cent in the second quarter, the result of lower output in the various sectors. Hence, deepte moderate wage increases, the unit labour k cost rose 4 per cent—much fester than the 1.6 per cent in tha first quarter. This led76 words
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97 1998-08-12 4 SINGAPORE chalked up a balance of payments surplus of $1.1 billion in the second quarter, from al34omillion surplus a quarter ago. This was due to a higher current account surplus of 17.6 billion, as imports shrank 13 per cent while exports contracted just 1.5 per97 words
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Article71 1998-08-12 4 A TOTAL of 7 ,200 workers were laid off in the second quarter, up from 7,131 in the first quarto:, bringing the half-year's total to 14,300. The government currently X expects 2W»O to be laid off this year. Of the second quarter's retrenchments, 6?71 words
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Article123 1998-08-12 4 DISK drives, consumer electronics and telecommunications produets the three weakest electronics products in the second quarter, Economic Development Board deputy director Wong Wee Khim said yesterday. Ms Wong said wafer fabrication, part of the semiconductor sub-sector, posted positive growth In the second quarter partly due to a123 words
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Article61 1998-08-12 4 SOUTH-EAST Asia cargo vohnne shrank 9.8 per cent during the second quarter compared with 2.7 per cent in the first quarter. This is not expected to change for the rest of the year, given the fell in regional dtmand and the corresponding drop in entrepot61 words
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Advertisement189 1998-08-12 5 Bfck i^^r ,»^l^fc-^ffy^Bejp -^bf^^^i£g^^. r *i^fflrlimWnrT 1 ?»£».:->\ -;.-< -~g <r Olive green. When colours really matter, the A 936 will leave you stirred. Not shaken. Make a colour copy on the Fuji Xerox A 936 and your pulse will begin to race. Then print runs. And it does so189 words
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FOCUS: MONEY MATTERS
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Article, Illustration1144 1998-08-12 6 Larry Wee - Past week's events show too much can still go wrong with regional currencies By Larry Wee OVER the past two weeks, Money Ma tters has pointed to faltering reg i on a 1 stock markets as warnings against over-optimism during bouts of AsianCompiled by BT; Source: Deutsche Bank - 1,144 words
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Article534 1998-08-12 6 Qual Hong Chye - Underlying trend for Asian nnits is to strengthen over time By i Qual Hong Chye The writer is director for strategy for the Asian treasury at Bayerische Vereinsbank [SINGAPORE] Despite shortterm sentiment and speculative noises, the impact of a weak Japanese yen on other regional currencies534 words
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Article347 1998-08-12 6 Asian currency survey SURVEYED for where they saw currencies at the end of this year (Q4 98), and at the end of next year's first quarter (Ql 99), IDEA respondents project a downward bias. Factors are: (1) ongoing yen concerns; (2) adverse macroeconomic conditions; (3) central bank bias to347 words
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Article351 1998-08-12 6 Larry Wee - Compiled by Larry Wee Sources: ABN Amro (ABN) Deutsche Bank Research (DB) Independent Economic Analysis Holdings (IDEA) MMS International United States Tomorrow: Stripping out the effects of the GM auto strike, the feel-good factor generated by higher asset prices should be reflected in a strong retail salesSources: ABN Amro (ABN); Deutsche Bank Research (DB); Independent Economic Analysis Holdings (IDEA); MMS International - 351 words
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Advertisement50 1998-08-12 6 1998 Westin Hotels Resorts JM ■B ■HwtfwShanghai by a hotel representative V iHfor the meeting that shaped the future a 1 was trutoi to some of the best food in Asia who does he have connections with? The Westin TAi PingYa^h^^l SHANGHAI jrrfj|V JL rv, Jfc3BBFI3B^WgWBG^Wi^^^BWh "'iiii" li I mffi&*-50 words
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Advertisement28 1998-08-12 6 This is an extract from IDEA's daily client faxes. It does not constitute an invitation to invest. BTand its contributors will not be held liable in any way.28 words
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ASIA'S ECONOMIC SLUMP
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Article, Illustration580 1998-08-12 7 Anthony Rowley - Contagion spreads from stocks to interbank markets; yen dives to eight-year low From Anthony Rowley in Tokyo MARKET fears that Japanese government plans for rescuing the nation's banking system from possible collapse could be derailed by parliamentary opposition parties pushedREUTERS - 580 words
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477 1998-08-12 7 Quak Hiang Whai - Direction of index hinges mostly on dollar-yen movement From Quak Hiang Whai in Hongkong THE fate of the Hongkong market rests almost entirely on the dollar-yen performance in the days ahead but brokers say the benchmark index looks certain to trade477 words
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396 1998-08-12 7 Harish Mehta - Analysts expect mergers, bond issne in forthcoming plan From Harish Mehta in Bangkok THAILAND'S long-delayed financial restructuring plan due out on Saturday to shut down, or merge, some ailing commercial banks and finance companies, and inflict pain upon their shareholders by writing396 words
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340 1998-08-12 7 Al Labita - hYon Al Labita in Manila THE Central Bank (CB) yesterday jacked up anew its key interest rates as the peso succumbed to speculative attack earlier in the day. The CB raised by three percentage points its overnight borrowing and lending rates to 18340 words
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376 1998-08-12 7 It denies reports that it defaulted on repayments Reuters (JAKARTA) Crisis-racked Indonesia said yesterday it had not met some principal payments on its sovereign debt in August but insisted this was not a default as it had already been agreed with the internationalReuters - 376 words
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531 1998-08-12 7 Meera Tharmaratnam - Bank Negara's intervention rate cut seen as too soon Prom Meera Tharmaratnam in Kuala Lumpur THE latest action by the Malaysian authorities to reduce interest rates had come too soon, and coupled with concerns over a likely devaluation of the yuan,531 words
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Advertisement117 1998-08-12 7 •Y HISUC TENDER t "8 fIm S T«. ffiOO *M«TJ=S ■•#..<' pPI 1 iIIIMIMBMBSMiBiiiBMiWW^^B^^WMWP^HBIBPiMBMBM A rare find. 218 220 St George's Tee and 895 Hay St, Perth, Western Australia 3 adjoining investment properties Substantially below replacement cost For sale individually or as a whole Tender closes Thursday 17th September 1998117 words
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SOUTH-EAST ASIA
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343 1998-08-12 8 JAKARTA He tells them to disregard rumours of likely unrest in coming week: report AFP THE military chief of Indonesia's East Java province has called on ethnic Chinese not to flee the country ahead of Independence Day and to disregard rumoursAFP - 343 words
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Article, Illustration248 1998-08-12 8 ■PENANG Bernama IN a public display of loyalty to Prime Minister Mahathir Mohamad, his deputy Anwar Ibrahim reiterated yesterday that he will not contest the Umno presidency in the party's election next year. Mr Anwar, who is Umno deputy president and also Pulau PinangBernama - 248 words
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112 1998-08-12 8 ■PENANG Bernama PRIME Minister Mahathir Mohamad said yesterday Malaysia did not rule out the possibility of reviewing bilateral ties with Singapore if the strained relationship between both countries worsened. However, Dr Mahathir said that as of now, the situation had not reachedBernama - 112 words
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307 1998-08-12 8 KUALA LUMPUR Reuters MALAYSIA, en route to quitting the International Natural Rubber Organisation (Inro), plans to revive an old rubber agreement as an alternative to the global rubber pact. Local newspaper said yesterday Malaysia will propose the revival of theReuters - 307 words
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Article, Illustration538 1998-08-12 9 Yang Razali Kassim - ASIAN VIEW Aceh's Skull Hill has many gory tales of atrocities to tell By Yang Razali Kassim IN a recent gruesome cover story on the situation on Aceh, the Indonesian weekly magazine Gatra recounted the case of a man who was brought at gunpoint by a538 words
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282 1998-08-12 9 KUALA LUMPUR Bernama THE Foreign Investment Committee (FIC) received 16 proposals for the acquisition of bumiputra shares in 22 companies during the first half of this year, Parliament was told yesterday. Finance Ministry Parliamentary Secretary Shafie Mohd Salleh said 10Bernama - 282 words
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Article, Illustration329 1998-08-12 9 KUALA LUMPUR Bernama THE former Bank Negara Malaysia governor Jaffar Hussein died at the Subang Jaya Medical Centre at Subang Jaya near here yesterday. He was 67. His younger son, Roslan, said he died at 4.30 pm. Mr Jaffar who was hospitalised two weeks agoBernama - 329 words
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314 1998-08-12 9 KUALA LUMPUR Malaysians detained under Internal Security Act Bernama POLICE yesterday detained two people suspected of being involved in spreading rumours of disturbances in the federal capital through the Internet on Friday. Inspector-General of Police Abdul Rahim Noor saidBernama - 314 words
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Advertisement252 1998-08-12 8 1 PERKS talks to I Enterprise HR I Systems! I PF.RKS interfaces to external HR Systems. If you are using Enterprise HR Systems, talk to us about how PERKS imports the masters and transactions automatically and generates the payroll according to Singapore regulations and practices. Best of all, there is252 words
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Advertisement36 1998-08-12 9 0 i: A r t: p R A c 1 IllilSt P«mSatmtKKKm m ffl| V# Yahoo! is thrilled to H^HHHHjH 0 v 889 have their new HfIMHRMH^I database up and running E^^HSS^^H in half a day.36 words
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CHINA-HONGKONG-TAIWAN
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510 1998-08-12 10 BEIJING Foreign banks in Shenzhen to be allowed to make ynan loans; changes expected by year-end Bloomberg CHINA said it will open its banking industry further to foreign lenders as a slowing economy saddles its own banks with bad debts. Expanding a pilot schemeBloomberg - 510 words
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241 1998-08-12 10 BEIJING 1.5b ynan set aside; new roles to cover big cities, townships AFP CHINA has put in place a new welfare system to cope with its massive lay-offs in the state sector, the official China Daily said yesterday. Chinese authoritiesAFP - 241 words
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180 1998-08-12 10 HONGKONG AFP A HONGKONG tycoon, miss* ing since he was kidnapped in 1990, was tossed into the sea by his abductors as their boat was chased by Chinese guards, said a gang member. The former boss of developer Chinachem, Teddy Wang, one ofAFP - 180 words
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515 1998-08-12 10 BEIJING Reforms will result in six big regional branches; loans also to be reclassified Reuters CHINA'S central bank has finished streamlining its headquarters in the first of a series of reforms to strengthen its supervisory powers, deputy governor Liu Mingkang said yesterday. "AboutReuters - 515 words
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182 1998-08-12 11 BEIJING Reuters CHINA plans to shut down some 1,000 accountancy firms by the end of this year as part of a nationwide clean-up of the sector launched in 1997, state media said yesterday. The Chinese Institute of Certified Public Accountants dispatched inspection teamsReuters - 182 words
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Article, Illustration441 1998-08-12 11 BEIJING July's 7.6% casts donbt on whether 11% target for year can be reached Reuters DEVASTATING floods and Asia's Financial crisis knocked China's industrial output growth to a year-on-year 7.6 per cent in July, the State Statistical Bureau said yesterday. Industrial output inReuters; REUTERS - 441 words
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Advertisement287 1998-08-12 10 PDF<sFP\/P THO^P PRECIOUS DATAS on IUDEO CD li irk K Each CD contains maximum of 70 mfn only. We are specialised in converting any types of video tapes to video CDs and other services including CO or tape duplication, data backup, eomp«ng your own Music CO etc Parnsß Authorised Collection287 words
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Page 11 Advertisements
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Advertisement1069 1998-08-12 11 0 Banco do Brasil BALANCE SHEET STATEMENT OF INCOME AS AT DECEMBER 31,1997 AS AT DECEMBER 31,1997 1997 19% (In R$ 1,000) (in R$ 1.000) 1997 1996 ASSETS On RSI,000) (in R$ 1,000) Current Assets 59,070,429 55,833,478 nNANCIAL r Rank« BC7 ciA ,ne BROKERAGE 15,050,878 13,667,631 Cash and Banks 1.053,0331,069 words
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Advertisement53 1998-08-12 11 4 1 Victoria Park Road H i n i 22Q 3888 'Bull run' at Block 221, Pasir Ris. m O Clui.i Le> Hoong of P.isir R,v is r,dm<j i,hebdni6 QI'US 1 1, ml. i-.. .n \i. ii"i\N \i*rii i. i i ij~i v.-inplvi.>ii 4||i- uob ass€t va'ja&6«.i£\t Sc hr< s53 words
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ASIA
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385 1998-08-12 12 TOKYO Personal failures in 1998 seen exceeding last year's record figure by 26% Bloomberg [TOKYO] Japanese are seeking protection from creditors at record rates, according to the Supreme Court's personal bankruptcy figures for the first five months of 1998, the latest sign thatBloomberg - 385 words
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257 1998-08-12 12 SEOUL AFP SOUTH Korean financial watchdogs yesterday shut down four crippled insurance firms which will be merged into healthier companies, officials said. The four firms, deemed to be beyond salvage, were suspended from operations for three months effective yesterday, after which timeAFP - 257 words
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247 1998-08-12 12 TOKYO Trip, a first by China president, seen highlighting financial market concerns Reuters CHINESE President Jiang Zemin will make an official visit to Japan from Sept 6 to 11, the first Chinese president to do so, the Japanese Foreign Ministry said yesterday. MrReuters - 247 words
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Article, Illustration60 1998-08-12 12 [SYDNEY] An SAS Blackhawk helicopter swooping pass the giant sculptures of athletes on top > ofSydney's Centrepoint Tower yesterday as part of a familiarisation tour of the city's layout. The helicopters which can carry up to 18 troops are part of an anti-terrorist unitAFT - 60 words
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395 1998-08-12 12 SYDNEY They say party has potential to damage Aussie economy AFP TWO of the world's leading economists have warned that the far-right One Nation party has the potential to damage the Australian economy unless political leaders work together to block itsAFP - 395 words
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ASIA Briefs
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51 1998-08-12 12 AFP [TOKYO] The Bank of Japan left its monetary policy intact at a policy board meeting yesterday, indicating no change to the country's record low 0.5 per cent official interest rate. "By majority vote, the policy board decided to leave monetary policy unchanged," it said.AFP - 51 words
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91 1998-08-12 12 AFP [TOKYO] The Japanese government plans to sell 141 to one m ill ion shares of its total holding of 10.42 million in Nippon Telegraph and Telephone (NTT) next year, the Yomiuri Shimbun said yesterday. Government sources were quoted by the dailyAFP - 91 words
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67 1998-08-12 12 Bloomberg [CANBERRA] Australia's Northern Territory is set to become the country's seventh state on Jan 1,2001, a century after Australia first became a federation. "It is an historic decision," Prime Minister John Howard said. "The goal simply is a new state for a new century,"Bloomberg - 67 words
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85 1998-08-12 12 AFP [GUWAHATI, India] Suspected tribal militants yesterday blew up a state-run oil refinery in tibe troubled north-eastern state of Assam, police sakL A police official said the blast occurred yesterday morning at Naeaam town, 90 km east of the state's capital GuwahatL "We suspect militantsAFP - 85 words
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Advertisement130 1998-08-12 12 Enjoy Savings. aJC" A Enjoy Japan. j J JL ■MR, Spccial i»L Sj&fe- Singapore to Tokyo (Return) (inclusive of FREE flight to Haneda or Nagoya) Singapore to Tokyo (Return) Singapore to Osaka (Return) (inclusive of FREE flight to Haneda or Sendai or Fukuoka) And there's more... Pay 50% less for130 words
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THE WORLD
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317 1998-08-12 13 SAN FRANCISCO No recovery in sight; up to 35,000 US jobs cut, hit by glut, Asian crisis Reuters HIT by a glut of stock, too much manufacturing capacity and economic malaise in Asia, the US$l37 billion (*****.9 billion) global semiconductor industry is miredReuters - 317 words
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377 1998-08-12 13 WASHINGTON Analysts expect it to improve in H2 as economy strengthens Bloomberg AMERICAN worker productivity fell in the second quarter for the first time in three years as the US economy shifted into a lower gear. Productivity a measureBloomberg - 377 words
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Article, Illustration48 1998-08-12 13 [TRA VEMUNDE] People sitting in wicker beach chairs on the beach at Travemunde on Germany's Baltic Sea coast yesterday. Tourists and residents enjoyed the sunny weather yesterday across Germany with temperatures in the thirties and which are expected to rise higher in the coming days. REUTERSREUTERS - 48 words
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234 1998-08-12 13 WASHINGTON Bloomberg THE US trade deficit is increasing this year because of Asia's economic turmoil, although that gap can be reduced if the hardest-hit countries open up their markets further, according to a US government report. The "trade ripple effects" from the crisis willBloomberg - 234 words
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Article137 1998-08-12 13 LONDON Bloomberg OPTIMISM among British manufacturers slumped in nearly every region of the UK in the four months ended July as domestic demand fell, the Confederation of British Industry said yesterday. The latest regional trends survey from the CBI and consultant Business Strategies showed only NorthernBloomberg - 137 words
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249 1998-08-12 13 LONDON Reuters FORECASTING a 25 per cent fall in world equity markets over the next six months, Commonwealth Bank of Australia yesterday recommended investors cut their exposure to shares while buying bonds and cash. "The equity markets are going to continueReuters - 249 words
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Advertisement128 1998-08-12 13 Also fl Home Imagine being able to, quite literally, stroll down to the beach at the end of your working day. You can at Mandarin Gardens, Singapore s only full service apartments by the sea. Apartments range Irom one bedroom to penthouse and are fully furnished. (You only need to128 words
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Advertisement41 1998-08-12 13 m Diabolo de Cartier ball point pen Prices range from SS26O SINGAPORE S MILLENIA WALK GROUND FLOOR #01-22/23 TKL 339 0183 NGEE ANN CITY TOWER B GROUND FLOOR TEL 734 2427 HILTON INTERNATIONAL THE SHOPPING GALLERY GROUND FLOOR TEL 235 029541 words
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Advertisement213 1998-08-12 14 SIEMENS Precision. Innovation. Reliability. Compatibility. Efficiency. Flexibility. Solutions. That's the language Siemens "Automation are systematised products, matched to an d Drives" has been speaking to one another in engineering and design, professionals for over 150 years. As one drawn together and optimised as a system. of the 14 groups of213 words
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EDITORIAL & OPINION
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Article, Illustration903 1998-08-12 15 Prem Shankar jha - THE BOTTOM LOVE OPINION By Prem Shankar jha The writer, former editor of The Hindustan Times, contributed this article to BT THE Indian Finance Minister, Yashwant Sinha, is still predicting a marvelous turnaround of the economy in the next two months, but the prospect903 words
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Article82 1998-08-12 15 'I thought it was some robbers wanting to rob the bank. When I heard that blast, I said: 'Oh God, it is the end of the world'.' -OehicngOkwadi a 42-year-old driver for the Kenyan national parks service, who witnessed the bombing of the US embassy. 'If Zhu82 words
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Article652 1998-08-12 15 EDITORIAL THE just-released sec-ond-quarter Economic Survey of Singapore points to a grim picture that's likely to get worse before it gets any better. Rarely has a quarterly survey contained so many negative numbers. Manufacturing, commerce, financial services, exports, imports, total investment and net job creation all652 words
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Article, Illustration1084 1998-08-12 15 Anthony Rowley - The timing of its wooing of Japan's Communist Party may have to do with closer US-Japan defence ties By. Anthony Rowley The writer is BT's Tokyo correspondent THE Chinese Communist Party (CCP) has suddenly launched what can best be termed a charm offensive against its Japanese counterpart1,084 words
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Article440 1998-08-12 15 >ocku|a,iaji Pakpahan THE government of Indonesia may have changed recently, but the old policies of repression and top-down de-cision-making remain in place. That was the message of labour activist Muchtar Pakpahan as he went around Washington last week. Mr Pakpahan places little faith in new President440 words
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Advertisement483 1998-08-12 15 How volatile are Asia's markets? Watch the definitive TV H guide that not only provides in-depth analyses of the H ABnA economic turmoil but also offers possible H I Asia In Crisis. Every Friday. 8 pm. CNBC I Repeat telecasts on Sat, Sun and Mon. ASIA Bo -0.5 12 17483 words
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EXECUTIVE LIFESTYLE
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680 1998-08-12 16 FRANK RICH - Its list of 100 best novels has spawned counter-lists, writes framk rich FRANK RICH NYT IF further proof were needed that publicity can sell anything in America, here it is: Ulysses, a novel that is to beach reading what the Ring Cycle is toNYT - 680 words
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Article, Illustration665 1998-08-12 16 FASHION What makes the film entertaining is that it's all eye candy, says its director LATWP FEW fictional characters have rocked the fashion world as soundly as Emma Peel. With her swinging chestnut locks, cool British sophistication and enviable 60s wardrobe, the Avengers heroine hasLATWP; FILE PHOTO - 665 words
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473 1998-08-12 16 PEOPLE Hotel's longest serving employee and icon tells why he's not about to qnit Reuters [HONGKONG] He has opened doors for the famous and powerful and watched Hongkong history roll by for some 70 years all from the vantage point of itsReuters - 473 words
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Advertisement217 1998-08-12 16 Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another Classified I CATA I Service w INVEST IN KOREA L> MISSION TO SINGAPORE A distinguished delegation from the Korean Ministry of Commerce, Industry and Energy will be in Singapore to provide a first-hand217 words
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Advertisement47 1998-08-12 16 */UAlv WORLDWIDE FLIGHT CENTRE presents BEST VALUE'™? "535 5866/535 4616 Business Class SIA America/Canada (...and other parts of USA) Australia Europe Wliddle East llewZealand VUAl chan brothers travel 50 W Foo* Hat Buiid'nq 'Aisi Bjstnes: '-'or 5 }jor" 30on So 1 'f:w: Kpm Sun'' OOtr 5 3~cw47 words
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Page 16 Miscellaneous
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Miscellaneous191 1998-08-12 16 THE WEATHER Singapore: Partly cloudy. Temperature (31/25 C) Ad*-Pacific La/Hi* Good. Jerusalem 17*32 doudv Stockholm 1119 doudv Auckland 12/15 showers Merca J2/43 cioudv Vienna 18/31 doudv Bangkok 25/32 showers Zurnt 14/28 stome Berlin 2:134 doudy Europe UVHI* Good. Bombay 2610 showers Amsterdam 1427 doudv America WHl* CVm-d Brisbane 11/21 dear191 words
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Page 17 Advertisements
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Advertisement549 1998-08-12 17 tida't yii low? I r*«l it ia Cats' Mews! —J Catch Cats' M««i ia Siaday Classified this araakaaJ. J <^T CATS.] «vrj|A/v /llflA *1 Presented A DinCKS Clllb Offers FREE SOS* Global WllCrC 10 Wine, dine Slid entertain*** Emergency Referrals Whilst overseas. *****45 ==r aanm" kttp ://www. ana-kotels. com Not549 words
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Advertisement69 1998-08-12 17 I M i ENJOY 25% SAVINGS j ONYOUR i 2ND DRINK ONWARDS i j AT THE MEZZANINE j CAFE BAR j THIS MONTH i Join us in our i i 25th Anniversary Celebrations Mezzanine C ln4 tloo.' Mandarin Singapore 333 Orchard Road, Singapore *****7 J Tel: 831 6286 TUis ise^A69 words
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Page 17 Miscellaneous
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Miscellaneous769 1998-08-12 17 TV&RADIO Str 2.30 PM TV Innovations. 7.30 Weird Science Girl 10.00 Close. 4.00 Kidz Blitz: Walter Mel- 1.00 PM TV Innovations. 4.30 Noah's 9.00 Talking 4.00 Setulus Kasih 5.00 Sports Illustrated For 9.30 La Femme Nikita 5.00 Keluarga Harmuni 5.30 Selamat SJO Ned's pura 6.00 Teletubbies. 11.00 Business 6.30 Suzhal.769 words
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Miscellaneous192 1998-08-12 17 CRYPTIC CROSSWORD 7 Museum chief gives scoun- |ML_JHL IH H 10 Hesitate could break neck 11 Neighbour makes a reserva--12 Albert the genius, relatively "188 SB speaking JlM__ 14 Glen seen in very short lane Jl6j 15 Economical girl's redeeming bHILJI 19 Gap in hut is a disaster (6) H—U—192 words
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WIRED FOR BUSINESS
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Article, Illustration986 1998-08-12 18 DAVID BOEY - Xpress Print is spending $150 m initially to set up multimedia kiosks in popular spots, reports davxd boey DAVID BOEY HOLD on to your wallets folks. E-commerce is about to find its way into your neighbourhood and you won't even have to own a personalFILE PHOTO - 986 words
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439 1998-08-12 18 Toh Han Shih - Network Solutions in tie-nps with Sing Tel, other telecom* firms By 1 Toh Han Shih NETWORK Solutions, currently the only firm that can register Internet domain names ending in .com, .net, .org and .edu, has tied up with Singapore Telecom and telecommunications companies in China,439 words
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BOOK marks
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90 1998-08-12 18 THE online version of Computer Times, a supplement on computers and IT published by The Straits Times, launched its new look last week. The Comtimes Web site now sports a more contemporary look and its new layout is also more user-friendly. The site also features90 words
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Article80 1998-08-12 18 NET users can pick up practical tips for a healthy lifestyle through a new Web site known as The Healthy Lifestyle Centre. The site was developed by the Committee on Healthy Lifestyle which was set up in 1996 to promote healthy living among Singaporeans.80 words
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Article, Illustration84 1998-08-12 18 FEMALE surfers can now access Women Connect.com, a Web site with information dedicated to women professionals and entrepreneurs. The site, which aims to be "the first stop for women on the Internet", is categorised into key sections such as business, career, health, personal finance and84 words
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68 1998-08-12 18 CREDIT card companies Visa USA and MasterCard have announced tie-ups with Internet companies to boost their presence in online commerce. MasterCard has signed an agreement with Preview Travel Inc to be its premier advertiser and exclusive payment system sponsor. Visa, on the other hand, is68 words
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104 1998-08-12 18 INDIANA University will house Internet's Abilene network which will connect more than 130 universities in the US at super high speed. The high-bandwidth network promises to be 100 times faster than the public Internet and will support advanced applications such as real-time virtual research, vast104 words
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90 1998-08-12 18 Francis Ang - Compiled byi Francis Ang AMAZON.COM Inc. (www.amazon.com), the Seattle-based bookseller on the Web, is acquiring two Internet companies, Planet All and Junglee. Planet All is a Web-based address book, calendar and reminder service with more than 1.5 million members while Junglee operates the popular online90 words
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Page 18 Advertisements
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Advertisement200 1998-08-12 18 e-business (e) dm Security e-businese E-BUSINESS: MAKING INTERNET Planning and BANKING MORE SECURE I security architectures. In transforming your business into an e-business, the single most important issue is security. That's whv United Overseas Bank worked with IBM when UU EWilffiM it decided to become an e-business. More specifically, we've200 words
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COMPANIES & MARKETS
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487 1998-08-12 19 Conrad Raj - Case goes to GAD; panel to decide on settlement price for outstanding trades Byi Conrad Raj [SINGAPORE] THE Stock Exchange of Singapore has declared that the shares of new-ly-listed Mid-Continent Equipment Group have been cornered and has referred the matter to the Commercial Affairs Department487 words
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Article175 1998-08-12 19 [SINGAPORE] A management reshuffle has been announced at the Jardine group following the recent departure of Robert Riley as group managing director of Mandarin Oriental International. Mandarin, the Jardine group's hotel management arm, said Edouard Ettedgui will replace Mr Riley as the group's chief executive officer.175 words
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Article174 1998-08-12 19 [SINGAPORE] Taiwan-based food producer Want Want Holdings yesterday denied a report that it is asking international banks to ease the terms of its foreign currency loans because of financial difficulties. "The group's operation is still healthy and we are not facing any difficulties in174 words
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643 1998-08-12 19 Lee Han Shih - HOCK LOCK SIEW Lee Han Shih LET'S spin a debate on the price at which the government sold POSBank to listed DBS Bank. To recap, Finance Minister Richard Hu said on July 24 that the government would sell POSBank to DBS643 words
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Article, Illustration421 1998-08-12 19 Jennifer Lien - By, Jennifer Lien [SINGAPORE] Fresh from a hands-on product demonstration over the weekend, analysts are giving a cautious thumbs-up to Creative Technology's new sound card, Sound Blaster Live! "I think it's a solid product; it may give them a shot in the arm," saidFILE PHOTO - 421 words
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372 1998-08-12 19 Conrad Raj - Boost for KMT in ferry service, boat-building Hy i Conrad Raj [SINGAPORE) Keppel Marine Industries (KMI), a listed unit of the diversified Keppel Group, has agreed to increase its stake in Penguin Boat International Ltd, a local integrated marine services372 words
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270 1998-08-12 19 David Boey - By David Boey [SINGAPORE] Paint manufacturer Berger International has slipped into the red, posting net losses of $472,000 for the six months ended June 30. This works out to a loss per share of 0.45 of a cent, against earnings per share of 1.15 cents270 words
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REGIONAL COMPANIES
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599 1998-08-12 20 Ruth Wong - Load factor falls since shift to KLIA; KL-S'pore shuttle flights not affected fiYo) Ruth Wong in Kuala Lumpur MALAYSIAN Airline System will shift some of its domestic flights back to Subang airport although it will mean additional cost to the599 words
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Article, Illustration354 1998-08-12 20 Louis Beckerling - By] Louis Beckerling [SINGAPORE] Opportunities for investment abound in Asia, and it is time for cashed-up companies to go on the offensive, says Boston Consulting Group (BCG) chief executive officer Carl Stern. In Singapore yesterday during a region-wide tour of BCG offices,SIEW YAW HOONG - 354 words
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262 1998-08-12 20 Bloomberg [BANGKOK] Holderbank Financier Glaris AG of Switzerland, the world's biggest cement maker, has bought a 25 per cent stake in Siam City Cement pic for 6.3 billion baht (*****.9 million). The investment gives Siam City a boost in its effortBloomberg - 262 words
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113 1998-08-12 20 AFX-Asia [BANGKOK] Siam Cement Group pic will set up holding companies for each of its business lines to attract fresh investors and help with the group's business expansion overseas, its executive vicepresident Tawee Butsunthorn said. The Nation quoted him as saying: "The establishment ofAFX-Asia - 113 words
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COMPANY Briefs
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74 1998-08-12 20 (SINGAPORE] The Stock Exchange of Singapore and Singapore International Monetary Exchange yesterday announced that the Simex MSCI Singapore Stock Index futures contract will debut on Sept 7. It was earlier reported that the contract would be launched this month. Meanwhile, the Simex Dow74 words
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Article49 1998-08-12 20 AFX-Asia [SINGAPORE] Pacific Century Regional Developments Ltd expects to post a net loss of $1.5 million this year, from a net profit of $6.11 million in 1997. The forecast is based on expectations of weaker business growth and difficulties in collecting major debts. —AFX-AsiaAFX-Asia - 49 words
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69 1998-08-12 20 Reuters [KUALA LUMPUR] The Kuala Lumpur Options and Financial Futures Exchange yesterday said that trading will start 15 minutes earlier from Aug 17. Trading will start at 8.45 am. "Opening 15 minutes earlier than the Kuala Lumpur Stock Exchange would lead to cashReuters - 69 words
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43 1998-08-12 20 AFX-Asia [KUALA LUMPUR] KFC Holdings (Malaysia) has rescinded and revoked its sale ofWiama Idris to Idris Hydraulic (Malaysia) Bhd. The company said the rescission and revocation agreement releases and discharges both parties from an earlier pact. —AFX-AsiaAFX-Asia - 43 words
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Article70 1998-08-12 20 OCBC Bank has clarified that the proposed $37 million surplus cash in the form of a dividend it will receive will come from wholly-owned OCBC Finance and not Focal Finance as mentioned in a BT repent on Aug 8. This is because the dividend is part of70 words
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282 1998-08-12 20 Meera Tharmaratnam - From. Meera Tharmaratnam in Kuala Lumpur PSC Industries, an investment holding company controlled by businessman Amin Shah, plans to restructure its debts because its current cashflow is not expected to be able to cover short-term debts totalling some 248 million Malaysian ringgit (*****.3282 words
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INTERNATIONAL COMPANIES
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COMPANY Briefs
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67 1998-08-12 21 Bloomberg (SEOULJ Samsung Heavy Industries Co, one of South Korea's top four shipbuilders, posted an interim profit for the first time in three years, as a weaker Korean currency inflated export revenues. Interim earnings amounted to 51 billion won (5566.8 million) from aBloomberg - 67 words
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87 1998-08-12 21 FT [NEW YORK] United Health Care, the US health management organisation, on Monday said it will cancel its merger with Humana, another large healthcare organisation. United's shares fell last week when it announced a US$9OO million (Ssl.6 billion) charge to cover its exit from the state-insuredFT - 87 words
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81 1998-08-12 21 AFX-Asia [HONGKONG] Stone Electronic Technology Ltd said parent Stone Group Corp is in talks with a "well known" computer company for the possible sale of a stake in the Stone Electronic-led joint venture, Stone System Integration Co Ltd. A Stone official said theAFX-Asia - 81 words
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Article51 1998-08-12 21 Bloomberg [CHICAGO] Prime Group Realty Trust said on Monday it has agreed to buy Chicago's IBM Plaza office tower and Cleveland's National City Centre for about US$356 million (***** million) from Blackstone Group Inc. The 47-storey IBM Plaza contains 1.35 million square feet of space.Bloomberg - 51 words
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65 1998-08-12 21 Bloomberg [MOUNTAIN VIEW, California] Shares of Netscape Communications Corp rose 24 per cent on Monday on optimism that new chief operating officer Barry Ariko, who joins the Internet software maker this week from Oracle Corp, will boost sales and partnerships. Netscape climbed 61/8Bloomberg - 65 words
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184 1998-08-12 21 AFP [STUTTGART] Germany's largest industrial group, Daimler-Benz, said on Monday that, despite the Asian crisis, it would stick with its joint venture in Indonesia, Mercedes-Benz Group Indonesia (MBGI), and inject millions of dollars to maintain its production line there. MBGI, a joint ventureAFP - 184 words
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Article, Illustration426 1998-08-12 21 Celebrity restaurant chain says earnings this year will be below expectations Bloomberg [ORLANDO, Florida] Planet Hollywood International Inc reported an unexpected second quarter loss and said its profit for the year will be far less than analysts' forecasts, as sales slump at its moviethemeBloomberg; Source: Bloomberg - 426 words
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172 1998-08-12 21 Reuters [LONDON] British-based industrial gases company BOC Group pic announced a massive restructuring of its global business yesterday which it said would result in one-off charges of around £267 million (*****.8 million) and result in nearly 5,000 job losses worldwide. BOC said itReuters - 172 words
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Article106 1998-08-12 21 Reuters [TOKYO] Japanese electronics maker Pioneer Electronic Corp yesterday said its first-quarter net profit nosedived due to sluggish sales, but added digital video discs (DVD) and other new products would lift profits later this year. Pioneer said its group net profit for the April-June periodReuters - 106 words
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285 1998-08-12 21 Deal will create the world's third largest oil company Bloomberg [LONDON] British Petroleum Co agreed to acquire Amoco Corp for about US$4B billion (SsB4 billion) in stock, or US$5O a share, creating the world's third largest publicly traded oil company. ShareholdersBloomberg - 285 words
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FINANCE & COMMODITIES
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526 1998-08-12 22 Move shows savvy underwriters still confident about stock market's prospects NYT [NEW YORK] Goldman, Sachs Co partners voted overwhelmingly on Monday to sell shares in Wall Street's most profitable private investment bank, formally approving an offering plan that values the firm atNYT - 526 words
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Article368 1998-08-12 22 USsloom budget rise partly result of shortage of experts FT [NEW YORK] Merrill Lynch has raised the estimated budget to solve its Year 2000 computer problem to US$375 million (*****.6 million), at least a quarter more than the amount it expected just four monthsFT - 368 words
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187 1998-08-12 22 Bloomberg [NEW YORK] Societe Generate SA is "in the late stages of negotiations" that could result in a sale of the French bank's US mutual fund unit within a week, said JeanMarie Eveillard, who runs the unit. Societe Generale, one of France'sBloomberg - 187 words
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263 1998-08-12 22 Bloomberg [NEW YORK] Metropolitan Life Insurance Co, America's second-largest life insurer, said it hired Goldman Sachs Co and Credit Suisse First Boston to advise it as it considers ways to sell stock to the public. Met Life hired the bankers recently afterBloomberg - 263 words
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Article, Illustration389 1998-08-12 22 Bloomberg [FRANKFURT] Dresdner Bank AG, Germany's secondlargest bank, wants to buy Paine Webber Group Inc and has been in "intensive" talks with the fourth-largest US brokerage for several weeks, business daily Handelsblatt reported, citing people close to the negotiations. The talks,Bloomberg - 389 words
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239 1998-08-12 22 Bloomberg (SINGAPORE) The International Natural Rubber Organisation (Inro) is buying rubber on the open market for a second day in an attempt to boost prices, traders said. While buying on Monday boosted prices in Tokyo, the purchases yesterday had little effect. "WhatBloomberg - 239 words
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165 1998-08-12 22 Cecilia Loh - MSCI TAIWAN FUTURES Cecilia Loh Cecilia Loh, service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures extended its decline, falling 2.40 points yesterday on concerns that the Japanese yen might break the 146.75 level, the lowest level this year. The stock index,165 words
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284 1998-08-12 22 ENERGY REPORT Reuters [LONDON] Sickly oil markets bullied by oversupply sank to new 10-year lows yesterday, undermining Opec's attempts to choke output and ratchet prices higher. Global benchmark Brent crude slumped to a low of U5511.55 on the London futures market, below aReuters - 284 words
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Article285 1998-08-12 22 AFP AFX Asia London THE dollar retreated from a test of resistance at 147.60 yen a high for the year against the Japanese currency as fears of central bank intervention and worries over the state of western equity markets restrained its ascent, dealers said. However, they added, theAFP; AFX Asia - 285 words
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Article, Illustration1245 1998-08-12 22 DTTEBBASi CROSS RATES AugII C$ twfc ECU ffr Pw HK$ todlifcglali Ym «m Ml NZSftk Is Nso S$ land Sfr NT) MM Hmt IBS ~~2 0.907 6.171 0.540 1569 1.065 4.624 25.529 76.981 0.880 7.993 2542 UK 32.*****.988 1.050 3.801 0.893 20.776 25.183 0266 0.597 MW °-25 3 !5 1,731,245 words
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Article1783 1998-08-12 23 SICOM FUTURES Aug if RUBBER (Mum dosing n at S.30pm> RSSI CONTRACT'S ctotsAg) ClOM Votamo Opon Mootti High Low Sott (towns) Intorost Sep 98 113.00 <90 Oct 98 113.00 M50 Nov 98 1W.00 1450 Ooc 98 114.75 »50 J an/Mar 99 117.25 2025 Apr/Jun 99 121.50 1950 Jul/Sep1,783 words
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Article2269 1998-08-12 23 LONDON Industrials *111 Pmtt 31 Croup 532.000 -W.000 AB Ports 329.000 -6.000 A Obey National 1066.000 -48.000 Allied Domecq 552.000 -21.000 Amec 160.000 unch Asda Croup 185.000 -6.000 BAT Ind 615.000 -20.000 BG Pic 390.000 12.000 BICC 110.000 -8.000 BOC Croup J. 750.000 unch BR Petroleum 805.0002,269 words
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Article1637 1998-08-12 23 Bloomberg □Nikkei 225 -219.43 JAPAN'S benchmark stock index fell for a seventh day as declines in equity markets across Asia threatened to compound Japan's domestic economic woes. Banks such as Sanwa Bank Ltd paced the fall on concern increasing defaults on loans to Asian borrowers will only add toBloomberg - 1,637 words
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Article, Illustration1489 1998-08-12 24 Reuters Bloomberg PHangSeng -254.67 STOCKS fell sharply yesterday with the Hang Seng Index finishing at its lowest close in five years as investors fretted about the stability of the Chinese and Hongkong currencies, brokers said. The Hang Seng Index lost 254.67 points, or 3.62 per cent, to end atReuters; Bloomberg - 1,489 words
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Article, Illustration635 1998-08-12 24 Reuters C3Shenzhen Binder -2.66 CHINA'S B shares for foreign investors finished at record lows yesterday as investors dumped shares due to a plunge in Hongkong stocks and fears over the stability of the local yuan currency. "Hongkong stocks had very heavy losses today," said an analyst at Everbright SecuritiesReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 635 words
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Article361 1998-08-12 24 AFP OWPlate +ILBI TAIWAN stocks rose 0.2 per cent yesterday on thin trading, with investors fretful over a possible devaluation of the Chinese yuan and tumbling Hongkong shares, dealers said. The Weighted Price Index rose 11.86 points to 7,383.98, following a 2.1 per cent plunge in the previous session.AFP - 361 words
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Article, Illustration707 1998-08-12 24 AFP P Composite Index -14J1 INDONESIAN shares yester•day closed 3.3 per cent lower amid uncertainty over the near-term outlook for regional currencies, dealers said. "Our market just shows the regional situation. The whole picture of dollar-yen has yet to improve," said a dealer with a local brokerage. The CompositeAFP - 707 words
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Article, Illustration774 1998-08-12 24 AFP n SET Index -4J6 THAI share prices slipped 1.7 per cent yesterday amid mounting concerns over the future of financial institutions here and a weaker Japanese yen, analysts said. The Bangkok bourse experienced an early technical rebound in the morning session, but gains were quickly offset by sellingAFP - 774 words
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Article325 1998-08-12 24 AFP Q Manila -54.47 PHILIPPINE share prices fell 3.8 per cent yesterday to languish at a five-and-a-half-year low due to the continued volatility affecting the local currency, analysts said. The Philippine Stock Exchange Composite Index fell 54.47 points to close at 1,373.19 points. Volume rose to 261 million sharesAFP - 325 words
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Article427 1998-08-12 24 AFP CI Composite Index -0.7 SOUTH Korean shares fell slightly yesterday on selling pressure caused by the weak yen, dealers said. The Korea Stock Exchange Index closed down 0.7 point at 311.25, off a high of 318.92. The won was weaker, trading at 1,344-1,349 to the US dollar afterAFP - 427 words
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Article590 1998-08-12 24 AFP PAH Ordinaries -3<L3 AUSTRALIAN share prices fell 1.4 per cent yesterday, weighed down by sickly Asian bourses and a weaker Australian dollar. The All Ordinaries Index fell 36.3 points to 2,561.1. The All Industrials Index shed 56.6 points to 4,522.5 while the All Resources Index fell 21.3 pointsAFP - 590 words
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Article246 1998-08-12 24 AFP -7.71 NEW Zealand stocks were down 0.4 per cent yesterday on heavy volumes in Telecom Corp and AMP Insurance shares. The NZSE-40 Index was down 7.71 points to 1,993.27 on turnover of NZ5138.5 million. Brierley Investments Ltd fell three cents to 84 NZ cents. taffl COW) AN2 BtnkinqAFP - 246 words
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KUALA LUMPUR STOCK MARKET
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Article8811 1998-08-12 25 MOUSTMAIS Conswmt products 1998 Lwt Ve» Day Net Cap HNII Low Cinmy Sate 'POO Hm> Lew M 310 170 A|irvomoto 170 unch 4 170 170 9.4 68.9 148 36 Anqkasa 36 -3 111 37.5 36 0.8 53J 290 123 Apollo Food Hlg 129 -1 24 129 129 4.5 51.6 3888,811 words
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Article, Illustration414 1998-08-12 25 Bloomberg AFP CI Composite Index -1&58 MALAYSIA'S key stock index plummeted 5.26 per cent yesterday due to a sell-off by foreign investors amid a weakening Malaysian ringgit and growing regional jitters. The Composite Index fell 18.58 points to a 10-year low of 334.70.Bloomberg; AFP - 414 words
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WARRANTS & OPTIONS
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Article3407 1998-08-12 26 BONOS, LOANS t WARRANTS m iqo» Vol Day Last Quota Ayg Htqh low Stm Company Sala »or- COOO) HH* Low Buyar Sa«ar Prka 23.5 9 m 3000 m AMOB c5.5%*****6 9 5 20.5 3 3160 "Acar ******1USS 4 a 8 95 7 3164 Acma ******4 7.5 25 5 39 31613,407 words
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Article192 1998-08-12 26 Ven Sreenivasan - WARRANT WATCH By' Ven Sreenivasan THESE are indeed tough times to go warrant hunting and it is quite difficult to make a recommendation. Yet, even under these dismal conditions, there are some good buys. One such example is the warrant issued by Keppel192 words
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Article2366 1998-08-12 26 Transaction date Au& 11 MALAYSIAN STOCKS Gr Or *998 Last Vol Day Last Ouota Dtv Wv YkJ Net M Cap High Law Stno Company Sale COOP) High Law Buyaf Seller C'vr P/t $m» "iai 28 m s 5000 AIS8 50c 29.5 TI 28 305 29 29 30 i!o2,366 words
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6196 1998-08-12 27 Transaction date: Aiift 11 1998 Last V<M Day Ouete <*» VW Net Cap t— sme cm»>m w> rooo) mhh t— w* C vr INDUSTRIALS 43 12.5 1020 ACE Dynamics20c.... 16 unch 252 16 16 J*-* 14 5 2 3 J 16 31 19.5 e6,196 words
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Article1195 1998-08-12 27 V«j Lpatoupta M» ON nJ tm cZ A™ hii Law um ciw>i«y s— rooo> um rnrrm *—w cw w M PHoa 134 50 2000 ABRHMqsSc 79 3*79 335 79 243 44 p 2049 ASAutPlOc 485 -4.5 2911 54 44 48.5 51 15.0M 7.0 II 4.6 55.4 5« 82 48.51,195 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration214 1998-08-12 28 CM into iron Bridge Stedu Vata— Enersave 10c 8,015.000 DeSLand 6,915,000 TAC BtIO 200 5,955.000 SingTeiISc 5,865.000 Paf*>acMedia5 5,156,000 OCBC Foreign 5,025.000 City Dev 50c 4.999,000 U08 Foreign 4,602,000 Hotel Prop 3,449.000 ST Dm 10c— 3,206,000 Stocta OCBC Foreign 29,504,692 DOB Foreign 23,754,746 OSS Foreign 21,158,727 City Dev 50c 19,918,255214 words
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Article, Illustration75 1998-08-12 28 Shiv Taneja - -by Shiv Taneja KEPPEL Land closed seven-and-a-half cents lower yesterday at 96 5 cents on a volume of 2 62 million shares, compared with its 10-day traded average of 1.76 million shares The counter is heavily oversold, according to the daily and weekly RSI charts. The counter could75 words
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Article, Illustration637 1998-08-12 28 Ven Sreenivasan - STOCK MARKET COMMENTARY STII hits new 10-year low, falling below 1,000 points before last-minute baying helps prop it ap above this critical level By Ven Sreenivasan THE Singapore stockmarket's key index feU below the critical 1,000-point mark to a new 10-year low in637 words
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ON THE GRAPEVINE
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Article89 1998-08-12 28 RETAIL managers facing gaping holes in their malls as tenants close shop should look to Pontlac's M i lien ia Walk for Ideas. Empty shops in the mall are now cleverly disguised as advertisements for other shops in the retail project at Marina. With their entrances89 words
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Article117 1998-08-12 28 "URA urged to abandon rote as developer," yelled the newspaper headline. But the URA Is not Urban Redevelopment Authority (of Singapore) but the Urban Renewal Authority of Hongkong. And the paper is not a local paper, but the South China Morning Post, reporting a recommendation117 words
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Article128 1998-08-12 28 ONE senior bank manager said although it's the "in" thing now to knock banks for having been "easy 1 on credit when the stockmarket was hot, not many remember how bankers were ticked off at the height of the market when they tried to caution128 words
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Article153 1998-08-12 28 'Superman' to the aid THIS may be a difficult year for Hongkong's business community but it has not deterred Li Ka-shlng from shelling out HK$5O million <Ssi l .3 million) to help Good victims in China. But then this is small beer for the super-rich tycoon, also dubbed the 'Superman*153 words
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Article157 1998-08-12 28 LAST week was a tough one for Peter Sutch, taipan of the Swire Pacific group, one of Hongkong's oldest hongs. He had the dubious honour of presid ing, as chairman of Cathay Pacific, over the carrier's first loss in more than two decades. On157 words
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Page 19 Advertisements
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Advertisement63 1998-08-12 19 I,'. I fta Kf M m I INFINIUM I Br fl J |PP SHk S H V is about to be supercharged. V At Infinium, we speak e-business. S /2) For more infonnation and a free copy of our eßusiness INFINIUM H v£{ white paper, contact CathrynYeon at (65) 77863 words
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Page 20 Advertisements
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Advertisement85 1998-08-12 20 d9lj —II J IWU v^U^^r W J/ Ml Hp'' y/j^ in solid gold. Water-resistant to 150 m (about 500 ft). Screw-locked crown and case back. Folding bracelet clasp with double safety catch. Overseas. The world is yours. i VACHERON CONSTANTIN The worlds's oldest watch manufacturer Geneva, since 1755 Authorised Retailers85 words
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Advertisement136 1998-08-12 20 THE FINANCIAL TRAINING COMPANY TRAINING The Platform fop Economic Success Invest vn Ptotesslonal Education PUas < ck whm appropriate: Dote Seminar Fee CPE hours 22/08/98 Q Understanding GST $250 7 07/09/98 Recent Developments in Earnings Per Share $125 3 2 18/09/98 Modem Management Accounting $250 7 I 28/09/98 The Future136 words
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Page 21 Advertisements
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Advertisement473 1998-08-12 21 ORACLG Applications Seminar on Finance for Non-Financial Managers As companies strive to enhance their shareholders' funds, there is a greater need to understand financial information, particularly balance sheets and profit and loss accounts. Decisions made without properly understanding the financial implications may lead to reduced profits (or even losses) and473 words
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Advertisement509 1998-08-12 21 HSBC Holdings pic <Z> 1998 Interim Results Comment by John Bond, Half-year to 30 June 1998 30 June 1997 HSBC Group Chairman ussm ussm Holdings' results in the first half of 1998 reflected both the impact of a deteriorating Profit before tax 3,686 4,285 economic environment in Asia and also509 words
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Advertisement9 1998-08-12 22 SFoom Entertainment EThe Straits Times Classified Classifications 5-36 g9 words
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Advertisement71 1998-08-12 24 Hello? I'm calling about\ youvTX fx c I™ S a PPy f your advertisement in great...just like et V>i° Ug r j The Straits Times Classified... J V the ad J i™ e Straits Tim es Classified. 1 y° u still have the puppy... E■ described, B°^ n B to71 words
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Page 25 Advertisements
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Advertisement9 1998-08-12 25 Making smart education choices begins with The Straits Times9 words
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Page 26 Advertisements
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Advertisement59 1998-08-12 26 Citibank Margin Trading Account Trade up to 2.5 times your share value or withdraw CASH on it. Call 339-7126 now. THE C I T I NEVER SLEEPS 15 r.inihl- s .i I I Sli»■ n Inn ;i 2<> X <11 th;i r il It n.nl 21 .lulling I.i•> i M59 words
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Page 27 Advertisements
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Advertisement70 1998-08-12 27 f calling about\ /See...l tolcT\ /The card we're\ I the computer I you this was a making for Susan I 1 advertised in J V good deal. J Yup, we got what n. V is going to be J Straits Times f s 1 fwe wanted because real nice! I70 words
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Page 28 Advertisements
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Advertisement1383 1998-08-12 28 BUSINESS Xoticcs To advertise call toll-free 1800-741 ISS3 IN THE MATTER OF THE COMPANIES ACT, CAP.» FI'ELOIL SHIPPING PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al an extraordinary general meeting of the company held al 460 Alexandra Road *23-04 PSA Building. Singapore *****3 on 5-8-1998 the following special and ordinary resolutions1,383 words
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Advertisement18 1998-08-12 28 Lost ii our M pet? Try finding it at Classification 821 (found) of The Straits Times Classified. CATJ&18 words
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SHIPPING TIMES
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Article298 1998-08-12 29 Bridge News Reuters PANAMAX rates remained weak in a slow start to the week with little trading evident, brokers said. Capesize rates were firmer in the easy but it was not clear whether this would be sustained. Trading was extremely dull on the freight ftitures market with littleBridge News; Reuters - 298 words
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Article288 1998-08-12 29 SCS '000 *gl1 It «<■ w CWT Distribution 0.34 *0.02 26 Chuan Hup 0.365 -0.01 21 Cosco Invastmant 0.505 *0.005 9 Fraioht links 0.15 -0.01 473 CB Holdings 0.205 unch 18 Hai Sun Hup 0.395 -0.01 57 Hitachi Zoaan 0.52 -0.01 195 IMC Holdings Hk 5.60 Jay* Holdings288 words
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402 1998-08-12 29 Marous Hand - N Korean, Indonesian vessels are No 2 and 3 among detainees By\ Marous Hand [SINGAPORE] Vietnamflagged vessels topped the list of ships detained in Port State Control inspections in Asia last year, followed by North Korea and Indonesia. Some 40 per cent of402 words
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Article, Illustration92 1998-08-12 29 [PAPENBURG, Germany] A herd ofcows grazing in the plains of the Lower-Saxony region of Germany appeared unimpressed as the Malaysian-owned Star Cruises mega cruiser SuperStar Leo sails down the Ems River in Papenburg. Over 100,000 people lined the river to see the biggest cruise ship ever to leave theAFP - 92 words
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756 1998-08-12 29 Seafarer - -By i Seafarer THIS year's meeting of the Asian Shipowners' Forum once again supported the idea of promoting a marine insurance market in Asia to serve regional shipowners' needs rather than continue to rely on the predominantly Lon-don-based international market. The ASF is keen756 words
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241 1998-08-12 29 Lee Seng Kong - LETTER TO THE EDITOR Lee Seng Kong for Director-General Maritime and Port Authority of Singapore I REFER to the article "MPA rebuts criticism of vessel guidance system", which appeared in your Aug 7 issue. The article has propagated the unfounded allegation that the VTIS (Vessel Traffic241 words
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164 1998-08-12 29 AFP [WIESBADEN, Germany] The volume of freight exported to Asia from Germany's sea ports fell by 23 per cent in the first three months of the current year, data published by the Federal Statistics Office showed yesterday. A total 2.7 millionAFP - 164 words
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Article, Illustration1070 1998-08-12 30 Joel Glass - US MARINE TRANSPORT HEARINGS Several key US maritime players have made known to a Congressional committee their criticisms of the industry fit) Joel Glass Lloyd's List [WASHINGTON] STINGING criticisms of America's marine transp or t infrastructure were far from the exclusive preserve of US Coast GuardLloyd's List; FILE PHOTO - 1,070 words
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Article355 1998-08-12 30 PAGE Evergreen 6 ANL 3 Express T L 14 Accord 6 Far K)e M Ahrenkiei 14 FoongSun 6 Appenship 5 Fro,a 5 Astro 3 Frt links 16 Asia OCL M G L nk Austral 9 Gemartrans 8 Avant 16 Gensh P0 B'tang Mas 8 Glor Nav usA355 words
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Article18554 1998-08-12 38 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number To BUENAVENTURA (BUN) 2059 A Colombia To ABIDJAN (ABJ) 2003 ivoa 24/10 cians a kota berkat v.bktj v.mwsb 65 *****36 Ivory18,554 words
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SHIPS IN PORT
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Article789 1998-08-12 45 Vessel Voy No Berth Arrival Departure 8t C Sentosa *****8 JOI alongside 11.06/1700 Bt Hindi Jay *****0 JOI alongside 12.08/0)00 Bt lwt*i AUC11 JOI alongside 11.08/2359 Bt Pul lelor *****8 JOI alongside 12.08/0600 Bt Sw in *****6 JOI akXN)SK* 11.06/2000 Chen Yu No 7 T01I98 J02 alongside 16.08/2300789 words
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Article1798 1998-08-12 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship Voy Mo Etb/Btr Period From To From Aci Ckwtr 0431 M/1600 U n/1500 n/*» n/1900 <• n/1500 n/»5» n/noo a H/1700 12/0659 *****00 21 n/1700 12/0*59 12/0900 J 12/0700 12/1759 12/MOO 4 12/1200 12/1459 12/1700 Al«i*yi2 I226N1,798 words
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Article196 1998-08-12 45 Aug 12. Thailand: HM The Queen's Birthday. An* 15. Austria: Assumption Day. Belgium: Assumption Day. France: Assumption Day. Greece: Assumption Day. Italy: Assumption Day. Luxembourg: Assumption Day. Portugal: Assumption Of Our Lady. South Korea: Liberation Day. Spain: Assumption Day. An* 17. Indonesia: Indonesian National Day. Aug 18 Hong196 words
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Article995 1998-08-12 45 THIS report, compiled by Cockett Marine OU Ltd. shows price rangw in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem Market movements are indicated The Cockett Bunker Price Index change and the995 words
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Article527 1998-08-12 45 Carbon 180 Mai 993.1 0.9 16.7 0.10 72 0.07 Aim 6 Density Water Residue Ash Aluminium Sediment No above £25 4 0 9 0 0 0 380 Ave 986.8 0J 15.8 0.08 27 0.04 Cum 380 Max 992.8 0.9 19.2 0.11 111 0.28 Wwi »»/v %M/M527 words
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AIR&LAND TRANSPORT NEWS
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Article, Illustration577 1998-08-12 46 Firm is also expected to announce move to set up Long Beach plant for 737s Bloomberg [SEATTLE] Boeing Co is expected to announce this week the timing and other details for eliminating as many as 28,000 jobs and a decisionBloomberg; FILE PHOTO - 577 words
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232 1998-08-12 46 AFP [BRUSSELS] The European Commission and the British government yesterday appeared be headed for a clash after an EU commissioner said American Airlines and BA could not sell London airport "slots" which they are being forced to abandon asAFP - 232 words
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557 1998-08-12 46 Comments are sign that carrier is dropping jumbo 747s as Asia crisis bites Bloomberg [LONDON] British Airways pic chief executive Bob Ayling hinted the carrier is likely to buy more Boeing 777 jetliners, the latest sign it's moving away from jumbo 747s asBloomberg - 557 words
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Article, Illustration79 1998-08-12 46 [SAO BERNARDO DO C AMPO, Brazil] A Volkswagen worker placing a headlight on the chassis of a car at carmaker's plant in Sao Bernardo do Campo. On Monday, the Brazilian National Association of Automobile Producers announced a 38.6 per cent drop in sales for July this year79 words
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216 1998-08-12 46 Bloomberg [HOUSTON] 1 Continental Airlines Inc and British Midland Airways Ltd agreed to a partnership that lets the fifthlargest US carrier draw passengers from more cities in Scotland. Customers on Continental will be able to buy one ticket that connects them to British MidlandBloomberg - 216 words
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266 1998-08-12 46 Felix Chan - By] Felix Chan [SINGAPORE] Singapore Airlines (SIA) will be seconding two of its senior technical staff members to Taiwan's China Airlines (CAL) following the bilateral alliance tie-up between the two airlines last week. The two senior pilots Pow Tuk Kwan and Gui Wee266 words
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LOG Book
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Article111 1998-08-12 46 Reuters [MELBOURNE] Anaett Australia said yesterday it would add an additional service to Bali from Darwin from October this year. The airline said the service to Ball would be on a Thursday, returning to Darwin on Friday, adding to the airlines' existing services to BaliReuters - 111 words
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Article76 1998-08-12 46 AFX-Asia [PARIS] Air France and Korean Air have signed a deal for Joint marketing of the majority of their flights between Paris and Seoul starting in September, Air France announced. As of Sept 1, the two airlines will install a code sharing and seatAFX-Asia - 76 words
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84 1998-08-12 46 Reuters [WELLINGTON] Senior ministers yesterday said the government was negotiating with the preferred bidder for the Crown's 66 per cent stake in Wellington International Airport and expected a decision later in the day. "There are commercial negotiations going on that began on SundayReuters - 84 words
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51 1998-08-12 46 AFX-Asia [TOKYO] Japan Airlines Co Ltd Is to launch a new freight service from the Kanto International Airport, near Osaka, to Europe, the Nikkan Kogyo newspaper reported. It plans to launch one flight a week, which will be code-shared with Lufthansa AG, the reportAFX-Asia - 51 words
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Article1706 1998-08-12 46 cm FU6HT CTA FIWHT ETC SQ2005 1625 N***** 2359 «ohm» vox mo aw> mo» sazoo> aw Amsterdam MZ432T 0755 K1838 2300 ?SBH J®** J?*L_ MWO OT5 $024 2320 ftMfrtmWC C2351 2045 C2352 0035 S0327 0755 Hanoi VK741 1310 VN742 0905 IM37 1455 S0T7S 1840 S0176 11051,706 words
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Page 29 Advertisements
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Advertisement15 1998-08-12 29 US marine industry under fire Several key players slam infrastructure at Congress hearing. Page 215 words
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Advertisement228 1998-08-12 29 Boeing seen to cot up to 28,000 jobs It is also expected to announce the setting up of Long Beach plant. Back Page Sptdal fiituri Shipping Times Booking deadline L J MARTECH 98 International Conference Exhibition on Maritime Safety Resource Management 2000 (organised by Singapore Polytechnic and Maritime Port Authority228 words
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Page 30 Advertisements
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Advertisement1048 1998-08-12 30 I NORTH AMERICA 1 I EXPORT 1 I OTHER DESTINATIONS I SSX SUPER SHUTTI£ EXPRESS DIRECT TO LA [DIRECT SERVICE TO WEST COAST BQUTH AMERICA/AS* ANDES EXPRESS SERVICE (H) VBsa VOT m9N nßal 161 041 HOU OK NT |MaKOOTT" WSSE VOY SM MAMANUO OUBUVENTUOA CALLAO MUNUE ANTOf AGASTA 1 ANTOMO1,048 words
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Advertisement91 1998-08-12 30 A SANKYU (S) PTE LTD 11 CLEMENTI LOOP, SINGAPORE *****3 TEL: *****40 FAX: *****11 CFS: KEPPEL DISTRIPARK BLK 513 #01-128 SINGAPORE *****9 JAPAN PORTS Hflpq Kong 1 All China Ports IE VERY THUR ft SUN VESSEL) VESSEL VOY ETD SIN ETA TYO ETA KOI ETA YOK ETA HGO ETA OS91 words
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Advertisement688 1998-08-12 30 Lines services represented -d— MMA ft Memoers of the KOI") Members of the Registry of f«T 3 sf. 1 Singapore Freight Forwarders Accredited Shipping Agents Association V"'-X Singapore Shipping Association CONTAINERS/CONVENTIONAL CARGO ACCEPTING ON DIRECT SAILING TO MALE ETA PKL ETA SL\ KTA MALE Prinocss lily V 0398 19/08 17/08688 words
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Page 31 Advertisements
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Advertisement1094 1998-08-12 31 TO EUROPE FROM EUROPE |VESSEL VOY SIN DIM ANR HAM IRV SOU EXT liH VESSEL VOT RTM ANR HAM IRV SOU FXT LEH SJN_ HY GENERAL 313W 10/08 27/00 29/08 01/09 26/08 TYNE S22E 19/07 21/0/ 24/07 25/07 11/00 ELM 548W 13/00 OS/09 02/09 03/09 31/08 DANUBE S3* 25/07 22/071,094 words
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Advertisement2032 1998-08-12 31 0 HANJIN SHIPPING HANJIN SHIPPING (S) PTI ITO iMp ho*n com IOOKINC *****35 237 SALES *****24 238 DOCUMENT *****71 274 OPERATIOMS *****41 252 MAJN LIN€ *****55 FU 222W60 CIM 1)*****0000* TO NW USA CANADA USA CANADA* 1 fob vu/vor iam sm unehaul/vot suTl nw oot m r~oi r~isp ——m on2,032 words
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Advertisement455 1998-08-12 31 FULLY COWTAIWERISIP PiPICATIP SII VICES VESSEL W_ Ml PR6 VOY SIN HRG KEL USN PUS pSSS VOV I SIN I PKG IvtSSEL W I Sl*! JKTj KMTCPUSAN BIOS 07/08 14/08 16/08 18/08 19/08 [!fMT W r T »miwn |MK u-M I !?/M IKMTC ULSAN BilS 114/081 16/08 MONTANIA lIS 09/01455 words
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Page 32 Advertisements
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Advertisement1442 1998-08-12 32 DSR-SENATOR LINES jq uk/continent to red sea/mediterranean/canada VESSEL VOY L£H HTM MIR HAM ORV FLX Y W J*? S?L Fo MTR_ HAMJM KEELUNG WQ&36 14 M MMO6OIO3IN 04 M M H CHOI UK "J* J? J2 11!? HANJM WILMINGTON WNB34 18 H 04 09 MM 17 H MM 11M 131,442 words
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Advertisement1124 1998-08-12 32 •»*"!!£££"lte s s: pORE M'sia Carrier: MN CONTR LINES, INC p. guoang: (07) *****26 LrJ\7 VIJ 2K (O04) *****9 (632) *****24 BANGKOK: (662) *****67 SURABAYA: (31) *****0 KELAWG: (03) *****/1 JKT: (21) *****07 MOW: (81) 511ffn KUCHING (082) *****1-3 XINGANG PORT KELANG MV mv sinar v.ol4 7/08/98 SIN; 6 /08/981,124 words
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Advertisement439 1998-08-12 32 1 LINE J TIL* *****56 FAX: ***** 13 MUARA LABUAN vissa vor no n* vcsa vot m» ru SFOM MUASA SFOM IN tptosm mm is/08 u/oo W" AFt&OOM V2II/90 19/00 22/00 VI I/* 19£0 H/JI mosPB vjii/w 24/00 27/00 viii/m AfttGuxr rrn/n a/oo 3i/M afmgu*t rrn/n a/oo 01/09 IK. KINABALU439 words
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Page 33 Advertisements
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Advertisement1566 1998-08-12 33 VESSEL VOY SIN PGU PKG PEW PQB DUB SHJ BA BIK IRAN TAKHTI PJL 1300 14/08 23/08 23/08 24/08 IRAN TEYFOURI PJL 1302 19/08 27/08 28/08 28/08 29/08 ACCEPTING CONTAINER/BREAK-BULK SHIPMENTS TO INLAND POINTS IN IRAN4CIS Tm M GHZ?I S TA UZBEKISTAN TURKMENISTAN. KIRGISTAN TADZHIKISTAN GEORGIA VIA B ABBAS, BIK,1,566 words
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Advertisement2168 1998-08-12 33 TO ISRAEL 1 IN 13 DAYS I EVERY THURSDAY J I ftiMtNiONWAT TEL: 226 1900 FAX: *****08 OUTWARD (B/L) *****02 JOHORE OFFICE: n T ?.E MG PTI ITD Sii2il2s.SK S4IIS/, CS *****41/43 mmmoept(D/oi «os7>s COSTAR AGENCIES (M) SDN BHD TOWER TWO (*****9) CONVENTIONAL *****50/S5 T/SHPMT PERT *****25 TEL: 02-07-35 *****2,168 words
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Advertisement594 1998-08-12 33 h--—, EASTERN CAR LINER, LTD.'^XSl'*' fil Kt (SINGAPORE) PTE LTD SSSSh I SPECIALIZE IN RORO 9. HEAVY LIFT UPTO 122 TONS| ECL (SINGAPORE) PTE LTD LOADING FOR YANGON/HALDfA COLOMBO/CHITTAGONG MV "TERESA PRESTIGE" V.19 MV "KEISHUN" V.78 ETA SIN 07/08/98 ETA YGN 12/08/98 ETA SIN 09/08/98 ETA COLOMBO 14/08/98 ETA HALDIA594 words
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Page 34 Advertisements
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Advertisement1768 1998-08-12 34 I EUROPE/UK/SCANDINAVIA/FINLANO/RUSSIA I rSGPI ROM ANW HBG THP ZEE LHV I LHV THP ROM ANW HBG PKL |!GP~ E DECENT RW-005 16/08 03/09 08/09 04/09 08/09 07/09 09/09 E. REPUTE RE-01S 11/07 21/07 19/07 22/07 24/07 18AM 20/08 I DIAMOND RW-001 25/08 11/09 18AM 13/09 14/D9 15/09 17/09 E. GARLAND1,768 words
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Advertisement432 1998-08-12 34 NANTAI LINE FUUY CONTAINERISED SERVICE TO MAURITIUS SOUTH AFRICA VESSEL I VOT I SW I ftU I QUI 1 CTT I »7»W HAWSA CASTtLL* V.OOIS 16/08 25/08 29/01 03/09 mm wincess vo?3s 23/oa 07/w n/w mm QUEEW im 31/ M 09/09 13/w 11/w 21/w NAMUJIMAGO* VOOtS 07/09 17/09 21/09 2t/W432 words
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Page 35 Advertisements
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Advertisement390 1998-08-12 35 BSfl x MA MYANMA HHMk FIVE STAR LINE (Myonmor National Lin«) w Loading for Yangon (Rangoon) VESSEL VOY SM PKL PEN PGU SITTWE lIW SID PATHfIN 1 SOW $10 MALAYSIA AGENTS: iOUSTIAD SHIPfING AGENCIES KUL: 1H (03)*****00 PKL HI (0J) 376*101 PfN: Ttt (04) 2****** PGU: Til (07)*****21/4 BANK LINE390 words
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Advertisement1234 1998-08-12 35 HMM HYUNDAI MERCHANT MARINE CO., LTD. |SM SOU lEH RTM AWT HAM IRV Ffl [VESSa VOY! SOU I LBI I ITTM I AWT I HAM MTV I FEL I Ul I ELK S4IW 13/01 31/06 05/09 02/09 03/09 DANUBE SM 20/07 25/07 22/07 23/07 1375 MCX IRIS 004W 14/08 04/091,234 words
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Advertisement1112 1998-08-12 35 tl s norwegian spscofasd ootocorrwrs QmSKS Wilhelmsen Lines TO NORTH AND LATIN AMERICA ROR O HEAVYUFT SERVKE VESSIL VQY RAMP WIGHT g LAI CRL MIA SAV Ml OOF NYC NEW Mo>~ TAPKHA FBl6 400 TOM 6.3 M 16/08 10/09 WM 22/ M 24/09 26/09 27/09 28/09 03/10 06/10 TAMPA FSI71,112 words
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Page 36 Advertisements
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Advertisement771 1998-08-12 36 ■ANOKOK/IMAP TA WiUT/UiM CHABANO J AK ARTA/PA NJAMO VESSEL VOY SIN BKK MTP LCH~ VESSEL VOY SIN JKT PJN SINO OCEAN QCNIO3 In Pt 15/06 THANA BHUM 299S In Pt 15/06 NANTABHUM" 4Q6N In Pt 15/06 16/06 GURU BHUM 90S In Pt 16/06 XETHA BHUM 245N 13/06 16/06 GURU BHUM771 words
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Advertisement502 1998-08-12 36 BINTANG MAS SHIPPING PTE. LTD. 39 neil road, Singapore 0200 TEL *****68 RAX: *****64 BU TLX R*****5 SINMER CR No: **********0W R*ceiving Cargo at PTI j Pintuiu~l r Mumrm msa vor JIN ny m«i m sw m I Soto V 9816€ 20-21/W 24/08 MP«ori *9113t I* 13/08 11/08 Swm V9817E502 words
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Advertisement629 1998-08-12 36 ACCORD SHIPPING PTE LTD m ***** IS (40 Lira*) FAX s *****30 KMTtWK fUfU/lstl D**CT ACCfSS m i *****55 (EXPORT KOOtONO) MS* MMMS (S7)SSIW *****34 (EXPORT DOC), *****39 (IMPORT) PBUMG (04)137 >444 URIjMTTP:/ /WWW .ACCORD.COM.SO JAJUUU (71) *46 0779 POT ETA SIN POtT ITASIN *)KT jjkSM POtT ITASIN (FAR EAST)629 words
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Page 37 Advertisements
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Advertisement416 1998-08-12 37 INDONESIA NATIONAL LINE TO EUROPE EXPRESS SEMI-CONTAINERISED SERVICE VSL VOY PTOHETTOXm/R D<M IH BURG BREMEN ANTWERP VESSEL 20/10 25/10 OMIT 05/11 TO AUSTRALIA FULL CONTAINER SERVICE VSI VOY TTTsSr FRI Mt SYO MEL HMI WL ffli PM NEDU.OYD WttSMME IB 13fl8 IMB 23M 2V» 31« OWE AUSTRALIAN EKTERPWSE TtT" ?QW416 words
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Advertisement817 1998-08-12 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I I CB NO: **********06 VOT PKL 5 FRE STP Mil tm iel AOL m mi s» II iUNGA TERATAI2 8TD303 11/8 12/8 19/1 24/1 26/8 28/8 2/9 »/t 9/9 I p KOTA PERWIRA PWROII U/8817 words
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Advertisement938 1998-08-12 37 VFSSELS VOY SIN JED MLA LEH HAM THP RTM ZEE W-LE DC TAURUS A27W 17AM 26/06 31/06 06/09 07/09 09/09 09/09 10/06 VILE D'AOUARIUS U27W 25/06 02/09 07/09 12/09 WW 17AM 17/09 16/09 VILLE DE AWTARES L27W 01/09 09/09 14/09 20/09 21/09 23/09 23/09 24/09 VILLE DE VIRGO S27W 16/09938 words
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Page 39 Advertisements
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Advertisement52 1998-08-12 39 mmmmp&M STEP, ft Dial 740-6000 Oil *****3110 -MJ (Retrieve more schedules!) Press "1" cTei*i Select the port and key in the four digit code —eg. To New York (NYC) 2275 Key in your fax number I your phone number Another innovative service offered by The document will be SHIPPING TIMES52 words
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Page 41 Advertisements
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Advertisement47 1998-08-12 41 Dial 740-6000 Oil G€Elll3 11OT —(Retrieve more schedules!) Press "1" Select the port and key in STBKS the four digit code -—eg: To New York (NYC) 2275 Key in your fax number you, phone number Another innovative service offered by eT The document will be SHIPPING TIMES47 words
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Page 42 Advertisements
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Advertisement1179 1998-08-12 42 —m— SAMUDERA SHIPPING LINE LTD ■■■P™ 15 McCALLUM STREET #03-01/02 NATWEST CENTRE S'PORE *****5 TEL: *****81-3 FAX: *****08 (OUTWARD) *****69 (INWARD) TLX: R*****0 CR NO. **********00 BOOKINGS CALL DIRECT L JE^ICfl/CELIA/MEICHAN 7 SLGS/WEEK 2 SLG/WEEK VESSEL VOY SIN JAK VESSEL VOY jjl PLB ciiuap ki.ica iwDT 1 A/n» TWADIKA 13361,179 words
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Advertisement646 1998-08-12 42 ENG IK SHIPPING CO PTE 1101 I T#,: *****7$ (6 lines) Fax: *****38 *****60 I T CO Wo: ism»ooooo( VESSEL VOY SIN ETA SIN ETD DESTINATION Swot Central 11/98 11/07 14/07 Penwng/BuaM/P Boru Marco Poto 24 08 '98 08/08 13/08 Su-obaya Union Sfor 1 8 10/98 11/08 12/08 Jokofto/Soioboya Mono646 words
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Advertisement483 1998-08-12 42 SIN FAR EAST 16/08 KEELUNG/KAOHSIUNG 16/08 BANGKOK 16/08 MANILA/CEBU 16/08 JAKARTA/BE LAWAN/SURABAYA 16/08 PORT KELANG/PENANG/E MALAYSIA 18/08 BUSAN 16/08 TOKYO/YOKO/KOBE/NGO/OSA 16/08 HONG KONG SIN CHINA 16/08 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU SIN EUROPE/UK 16/08 LDN/FLX/LVP/SOU R DM/ANT/LEH/HAM/GOT/OSL also accepting cargo to EASTERN BLOCK COUNTRIES SIN USA/CANADA 16/08 LOS ANGELES/NEW YORK all483 words
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Advertisement422 1998-08-12 42 f A Singapore Soviet Shipping CPL (I No lOOSOUOOOON Multiline Shipping PL J (WWy Owned Safasadwy) CR No 16/*****000 C VESSEL VOY SIN BOM PNG PKL KOTA RUKUN RKNOO9 08/08 IS/08 27/08 28/08 KOTA RATU RTUOI7 14/08 21/08 02/09 03/09 BUXMOON 116N 20/08 28/06 09/09 10AM VESSEL VOY Si CALCUTTA422 words
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Page 43 Advertisements
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Advertisement1086 1998-08-12 43 i ASIA MEDITERRANEAN EXPRESS (AME) WESTBOUND SERVICE i^ R I OSSELLA 1 9 s° Y 3 P2XP J SSK -n ftim ?n^r ossep 09sep iosep I I 12 SEP 16 SEP 17SEP '8 SEP I S 983il- 053EP 15SEP i*WZ 20 SEP 25 P 26 SEP W4 MWU h larctbna1,086 words
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Advertisement1841 1998-08-12 43 I m 1 I P 1 il m I VESSEL/VOYAGE SOU RTM HAM LEH STOW KORE HAGOTA SHIMIZU jTwT 03WA33 MM M' 2 21M mm ?J"E MYK ANTARES OSEA29 19.07 21.07 22.07 25.07 11.08 17.08 IS.OO 20.08 19.08 NYK WARES 06WA34 27 M ITO9 UM KM om NYK ANDROMEDA 04U301,841 words
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Page 44 Advertisements
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Advertisement795 1998-08-12 44 |P9 tapa TicER-Lirc Singapore Madras Shuttle Singapore Calcutta Shuttle Colombo Calcutta Shuttle Madras Colombo Shuttle Colombo Tuticorin Shuttle Colombo Cochin Shuttle Agents: Ben Line Agencies Contact Peggy Hwang or Mary Teo Tel 225 3522 Fax 224 0163 DIRECT LINES *****80/*****81 Bl GLORY NAVIGATION GROUP to, REGULAR LINER SERVICE OWNED AND795 words
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Advertisement875 1998-08-12 44 I. FREIGHT LINKS EXPRESS Tol: *****66 (60 Lines) Fax: *****33 E-mail: flesin@singnet.com. sg REGULAR CONSOLIDATION SERVICE ALEXANDRIA/ BUENOS AIRES/ CEBU/ CALLAO/ COLON, PANAMA/ ISTANBUL/IZMIR/ LAEMCHABANG/ MALTA/MEXICO CITY/ MANZANILLO/ PASIR GUDANG/ SAN ANTONIO, CHILE/ SANTOS/ SHANGHAI PLIASI CAU OUR TOLL Fill LINI: 1 SOO-*****66 FOR BOOKING Overseas Offices Hongkong *****113 flms@asioonline.net875 words
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Advertisement1355 1998-08-12 44 OOCL (Singapore) Pte Ltd CFS Keppel I 79 Anson Rood #21-04 (S) *****6 8* 513 #01-128 cfo. CRNO **********0H W: 272 7827 For booking W: *****13 Fox 221 3942 Fox: 272 7825 /fi\ OCKI (Malaysia) Sdn. Bhd. 1 PfTALING JAYA M: 03-756 776 FoxK>3-7565 342 (a U 3269 ISO «NAMG1,355 words
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Page 45 Miscellaneous
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Miscellaneous131 1998-08-12 45 LEGEND R Thunderstorm Temperature o c y Shower Weother Wind rf.rect.on w ,th speed knots Rom Cloudy Sky Wove height Surfoce winds ore indicated by orrows which fly with the wind Cl) One full circle represents calm or bght ond vor.oble winds One holt tl-rt, une ho,f "«che represents 5131 words
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