The Business Times, 26 March 1991
1991-03-26
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The Business Times
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Title Section10 1991-03-26 1 Business Times MCI (P) 16/12/90 Tuesday, March 26, 1991 75®10 words
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NEWS SUMMARY
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68 1991-03-26 1 CHANCELLOR Helmut Kohl has dismissed mounting speculation that he might seek a grand coalition or new elections to fend otT a looming crisis between Germany's poor east and rich west. He said his centre-right coalition had no plans to form an emergency68 words
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46 1991-03-26 1 THREE Japanese banks will raise their long-term prime lending rate by 0.2 percentage points to 7.7 per cent from next Monday, financial sources said yesterday. They are Industrial Bank of Japan, Long-Term Credit Bank of Japan and Nippon Credit Bank.46 words
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Article40 1991-03-26 1 THE home-grown Central group of companies, which makes flexible PCBs mainly for the computer industry, is seeking a main board listing on the Stock Exchange of Singapore and is planning expansion in the region Page 240 words
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Article44 1991-03-26 1 THE newly industrialising economies (NIEs) of East and South-east Asia are likely to achieve annual economic growth rates of nearly 6 per cent over the next 10 years, says a Nihon Keizan Shimbun poll of 1,200 business executives Page 944 words
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Article29 1991-03-26 1 NEW ORDERS for US machine tools are showing surprising strength with orders from aerospace, car and appliance firms up 5.4 per cent last year Pa«e929 words
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Article30 1991-03-26 1 WITH the US forced to cut its trade deficit. Japan sees East Asian nations having to look within their own region to generate trade within themselves Page 1130 words
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Article29 1991-03-26 1 WHEN Mel Gibson spouts the Bard's famous line "to be or not to be" in the Hollywood production of Hamlet, the audience laughs Page 1529 words
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Article26 1991-03-26 1 JURONG PORT, Singapore's main bulk and general cargo terminal, has outdone an earlier forecast for the last financial year. Shipping Times Page 126 words
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MARKETS SUMMARY
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Article31 1991-03-26 1 WALL STREET opened higher yesterday with the Dow Jones Index of 30 leading industrials posting a gain of 5.45 points to 2.864.36 in the first five minutes of trading.31 words
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Article33 1991-03-26 1 SHARES PRICES were lower in London at midday yesterday in spite of better-than-expected trade figures. At 1214 GMT, the broad-based Financial Times-Stock Exchange 100-Share Index was down 13.7 points at 2,426.8.33 words
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Article37 1991-03-26 1 A RIGHTS ISSUE and some asset sales last year helped to turn trouble-ridden Ambassador Holdings from a company with negative value to one that is worth 93 cents for each of its shares Page 337 words
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Article23 1991-03-26 1 CONTRACTOR Lee Kim Tah has improved its razorthin margin by 61 per cent through its building material division Page 323 words
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Article25 1991-03-26 1 CITIBANK will be launching tomorrow a car loan scheme, Auto Vantage, that appears cheaper than the normal hire purchase schemes Page 825 words
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Article, Illustration31 1991-03-26 1 Monda> Change BT-MGA 732.14 f2.28 Kuala Lumpur ....590.77 +1.88 Hongkong 3.718.55 +2.40 Tokyo 26.645.79 +32.60 Sydney 1.425.6 -1.6 Friday C hang? New York 2.858.91 +3 46 London 2,440.5 -34.331 words
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Article22 1991-03-26 1 Exchange rates USS SS 1.7685 100 Yen SS 1.2825 MS SS0.6429 Money market rates Overnight 3 7/8 unch 3-month 4-5/8 unch22 words
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Article39 1991-03-26 1 London Gold AM fix US$361.75 -USS1.20 Rubber S pore Apr.... 143 50«/kg -0.25 M'sia Apr 226.50«/kg -0.50 KL Tin Turnover 56 tonnes Spot MS 14.82 /kg 0.03 Crude palm oil Turnover 1, 133 lots -202 Apr MS2295/tonne +116239 words
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Article, Illustration527 1991-03-26 1 Rahita Elias - Shipping major also sees great opportunities in the Gulf By Rahita Elias HOMEGROWN shipping major Pacific International Lines, which plans to float its shares on the Stock Exchange of Singapore, is beefing up its presence in the Middle East, the Mediterranean. Australasia and527 words
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308 1991-03-26 1 Reuter GROWTH in world trade and output is likely to slow for the third successive year in 1991 but global recession is unlikely despite uncertaintics in the aftermath of the Gulf war, the Gatt trade body said. "Although there is no worldReuter - 308 words
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510 1991-03-26 1 David Gabriel - By David Gabriel WITH JUST DAYS to go before the Law Society's pro- fessional indemnity insurance I scheme comes into effect on April 1, some three-quarters of Singapore's 2.10() practising lawyers have signed up for such insurance. But the Law Society is510 words
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147 1991-03-26 1 IHE POK 1 (TSingapore has been voted, for the fourth year running, the best seaport in Asia and the best warehouse operator. However, Tanjong Pagar Terminal (TPT), the best terminal operator for seaports for the previous three years, lost to Hongkong International Terminals by147 words
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Article, Illustration192 1991-03-26 1 INVESTIGATIONS by the Corrupt Practices Investigation Bureau into former Commercial Affairs Department director Glenn Knight are still continuing. A CPIB spokesman, when asked about the status of the investigations, said: "All I can say is he (Glenn Knight) is still under investigation by us today."192 words
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181 1991-03-26 1 AFP RESORT OPERATOR Genting Bhd yesterday reported a record group pre-tax profit of M 5474.93 million (SS3O3 million) for the year ended Dec 31. The results are 62 per cent higher than the M 5284.8 million achieved in 1989 but company officials in KualaAFP - 181 words
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112 1991-03-26 1 Bernama KUMPULAN Guthrie Bhd yesterday reported a 58.7 per cent decline in its group pretax profit to M 564.33 million (5541.35 million) for calendar 1990, from MS 155.69 million previously. This was recorded on a 7.2 per cent decline in group turnover to M 5844.55Bernama - 112 words
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Page 1 Advertisements
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Advertisement197 1991-03-26 1 Nikon The World's Finest Photographic System. Aircraft Schedule 25 Money Changer Rates 25 Weather 25 Commodities 24 Money Market 23 World News 9 Cryptic Crossword 25 Regional Co News 6 Editorial 10 Regional News 9 For market indices, editorial. Financial News 8 Regional Stock Markets 22 advertising and circulation e»197 words
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Advertisement143 1991-03-26 1 The future of shipping BTs special 20-page supplement explores the dynamic world of shipping and how it will shape up in the future. SingaPort *91 examines various issues: Prospects of container and bulk trades Port developments in South-east Asia Importance of preventing oil pollution of the seas Outlook for salvage143 words
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Advertisement7 1991-03-26 1 (Nikon I The World's Finest Photographic System7 words
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HOME NEWS
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NEWS ROUNDUP
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Article100 1991-03-26 2 \BOUT I,(KX) professionals are expected to attend a gala dinner in honour ot* Mr (ioh Chok long's appointment as Prime Minister. The dinner, organised by the Singapore Professional Centre (SP( will he held on April 29 at the Westin Stamford's Raffles Ballroom. The professionals100 words
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Article97 1991-03-26 2 A SIGNING ceremony to formalise the joint administration of a Masters of Business Administration (Information Systems) programme between the National Productivity Association and the Netherlands International Institute for Management (RVB) will be held on Saturday. Signing on behalf of the NPA is the association's president, Charles Chong.97 words
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Article115 1991-03-26 2 THE COMMUNITY Chest of Singapore will hold its fourth Care and Share Month next month. The aim of this nationwide campaign is to increase the public's awareness ol the needs of the less fortunate and to recruit SHARE donors, the Community Chest said in statement115 words
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Article72 1991-03-26 2 NGEE ANN Polytechnic said yesterday that 971 companies have affirmed their confidence and support in the Polytechnic's students by offering 4,373 places to 3,540 second-year students for industrial attachment during the vacation. The Polytechnic also has a record number of students 37 in all w72 words
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Article, Illustration361 1991-03-26 2 Carolyn Lim - By Carolyn Lim A MAIN board listing on the Stock Exchange of Singapore and regional expansion are some plans which the homegrown Central group of companies has in mind. This was revealed by Tony Chen Jr, managing director of Central Midori, yesterday after361 words
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251 1991-03-26 2 THE ARCHITECTURAL profession will have a strong voice with Mr Tay Kheng Soon as the president of the Singapore Institute of Architects. Mr Tay was voted into his new post over the weekend. Mr Tay won the presidency from the incumbent,251 words
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197 1991-03-26 2 SMALL local companies, through tie-ups with bigger foreign firms, can tap their technical know-how. One such joint venture was highlighted yesterday during Mr Mah Bow Tan's visit to the factory owned by Seropa Technology, which manufactures moulds. Seropa Technology is a joint venture between Unitech197 words
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Article, Illustration413 1991-03-26 2 Shoeb Kagda - Cultural Awards presentation By Shoeb Kagda IF SINGAPORE is to remain competitive as a nation and as a society in the long term, the arts must flourish and become a way of life for all Singaporeans, said Acting Minister for413 words
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Page 2 Advertisements
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Advertisement120 1991-03-26 2 \< st a isW^ Megadoc. From Philips. A breakthrough in information storage significantly. Thanks to our pioneering expertise in optical p" and retrieval systems whereby just one 5 1 /4" disc can now technology and installed base worldwide, Philips can provide dmsion hold up to 16,000 pieces of A4-sized documents.120 words
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SINGAPORE – MALAYSIA COMPANY NEWS 1
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399 1991-03-26 3 Lee Han Shih - Rights issue and asset sales contribute to better health By Lee Han Shih A RIGHTS ISSUE, a series of asset sales and profits from a boutique chain have helped to turn Ambassador Holdings Ltd (AHL) from a company of negative worth to one with an official399 words
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Article, Illustration391 1991-03-26 3 Lee Han Shih - By Lee Han Shih IMPROVED performance from its building materials division helped listed contractor Lee Kim Tah (LKT) boost its profits. Results announced yesterday showed LKTs earnings rose 62 per cent to just under Sl.B million last year, mainly through contribution391 words
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315 1991-03-26 3 Quak Hiang Whai - By Quak Hiang Whai UNITED Overseas Bank has become the first local bank to issue sponsored American Depositary Receipts (ADRs) in the United States. In a statement yesterday, UOB said it has appointed Bank of New York as the depository bank for the sponsored315 words
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189 1991-03-26 3 HOTEL PLAZA was unable to meet its forecast profit of $7.9 million for last year largely because of a delay in the opening of its New Park Hotel, said the group in reply to queries from the Stock Exchange of Singapore. Hotel Plaza's net189 words
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COMPANY BRIEFS
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Article82 1991-03-26 3 IN THE MARCH 23-24 Weekend Edition of Business Times, it was reported that Acma Ltd had acquired Gold Coin Ltd for S$ 116 million. This is not correct. What was signed on March 22 was a conditional call and put option agreement between the major substantial holders82 words
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50 1991-03-26 3 WHARF HOLDINGS of Hongkong has sold 10 million shares in its locally-listed subsidiary. Hotel Marco Polo, for $14.4 million. With the sale. Wharf reduced its 78.9 per cent stake in Marco Polo to 285,656,890 shares, representing 76.2 per cent of issued share capital.50 words
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Article60 1991-03-26 3 ENCTECH Technology, a subsidiary of DBS Land, has acquired for cash 77 per cent of Supertek Systems through the acceptance of 269,457 new shares (par value $1) issued by Supertek Systems at 1 each and the purchase of three subscriber shares. Supertek has an authorised60 words
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Article62 1991-03-26 3 PACIFIC CARRIERS' wholly-owned subsidiary, PCL SA, has entered into a joint-venture with Bulk Chartering Consultants Australia to form a company to operate a parceltrading business from Australia and New Zealand to East Asia. PCL SA has acquired a 50 per cent stake in the new company, which62 words
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Article60 1991-03-26 3 HOTEL ROYAL's wholly-owned Malaysian subsidiary, Messrs Prestige Properties, has bought two units of a six-storey commercial and office building at MS2.I million in Sabah from Granite Industries Bhd. The company has placed a 10 per cent deposit. In a statement yesterday, the company said that the60 words
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Article358 1991-03-26 3 William Chia - Rashid Hussain, Morgan Stanley appointed lead managers By William Chia MALAYSIAN stockbroker Rashid Hussain Securities (RHS) and Morgan Stanley International have been appointed lead managers of a US$2OO million (***** million) sovereign exchangeable bond issue by the Malaysian government. RHS announced yesterday that the bond358 words
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217 1991-03-26 3 AMTEK Engineering showed a modest increase in profit after tax and minorities to $3.95 million for its first half year ended Dec 31, 1990. It was helped by a $1.93million profit from the sale of quoted investments. In its previous corresponding period, the group217 words
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Article, Illustration413 1991-03-26 4 Dexter Lee - Strong showing in second half-year despite Gulf crisis By Dexter Lee MALAYSIAN International Shipping Corporation (MISC) has turned in a sparkling set of results despite the debilitating effects of the Gulf crisis during the second half of last year. In fact, the Malaysian413 words
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289 1991-03-26 4 TOP merchant banker Alan Smith, managing director of Jardine Fleming Holdings, has struck back at criticism that the Jardine Matheson proposal to gain a primary listing in I>ondon is irresponsible. He said if Hutchison's takeover of Husky Oil in Canada did not justify289 words
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382 1991-03-26 4 Geoffrey Harris - Second such case fails to secure conviction From Geoffrey Harris AUSFIN in MELBOURNE A FORMER Australian investment manager and a stockbroker have been cleared of charges of insider trading in the shares of MBfl Australia. The pair were accused of making A$ 15.000AUSFIN - 382 words
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390 1991-03-26 4 EM PAT Nombor Ekor (Selangor) Sdn Bhd's minority shareholder, Seih Mann Sdn Bhd, has expressed reservations on Magnum Corporation Bhd's proposed reconstruction of its gaming business under a holding company. Leisure Management Bhd. In a statement to the AVh Straits Times. Seih Mann390 words
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Article, Illustration563 1991-03-26 4 Ber KEGIATAN Makmur Sdn Bhd, following the successful completion of its management buyout (MBO) of Kumpulan Fima Bhd in January, is undertaking a major restructuring exercise of Fima's entire operations aimed at enabling the group to concentrate better on areas in whichBer - 563 words
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Page 3 Advertisements
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Advertisement164 1991-03-26 3 The alternative. J t ANA HOTEL SINGAPORE DELIGHT CATERING SERVICES CATERING WITH A DIFFERENCE V M I II H j 91 v VI ;t II X I II Australian Impress your guests with our Spit Roast Airflown Australian Whole Baby Lamb BeeF for $350.00 (good for up to 50 persons).164 words
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Page 4 Advertisements
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Advertisement327 1991-03-26 4 &£Q> Hcmafiahßaslm Mohamad I 1 INVITATION BY RECEIVER |p Offers are invited to participate in a piece of land located at Johor, Malaysia: I I Title Particulars /1 II HS(D) 2690, PTD 3637, Mukim of r J) II Layang-layang, District of Kluang, II I I State of Johor, locality of327 words
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Advertisement126 1991-03-26 4 S OUR PRANXT An- \SO FRESH, THEY'RE DCT i; TGHT SAUCY. Or drunk. Or just Long Jiang Sichuan Res- plain steamy. In fact, our taurant, our live prawns chef will be more than are going for $4 per happy to let you have them 100 grams (instead of the anyway126 words
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Page 5 Advertisements
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Advertisement178 1991-03-26 5 i ,io I wjtJsO! I hiriMg me re J V people. One sensible solution is to use Hexacom from You can also make timely collection of hire purchase Hongkongßank. It's the electronic way to make pay- instalments, mortgage repayments and other receivments and collections that saves time and reduces ables178 words
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REGIONAL/INTERNATIONAL COMPANY NEWS
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COMPANY BRIEFS
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105 1991-03-26 6 THE ASIAN unit of Solvay and Cie SA of Belgium said it would invest US$lOO million (S$ 176 million) in a proposed petrochemical plant in the Philippines. Solvay Asia president JP Van Halteren told the state-run Philippine National Oil Co (PNOC) his group105 words
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Article114 1991-03-26 6 INDONESIA on Friday awarded a national company a US$522 million (***** million) contract to expand the country's liquefied natural gas (LNG) facilities, the state oil firm Pertamina said. PT Inti Karya Persada Teknik (IKPT), under the contract for engineering, procurement and design, would build the114 words
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Article79 1991-03-26 6 BOMBS damaged the stock exchange building and two banks in Istanbul during the night but caused no casualties, the Anatolian news agency said. It said one bomb exploded before midnight, damaging the entrance to the Istanbul Stock Exchange building and a brokerage house in the79 words
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Article99 1991-03-26 6 SOUTH KOREA'S Samsung Electronics Co Ltd will build a joint-venture plant with the Soviet Union to produce a telephone digital switching system, TDX, from 1992, a Samsung spokesman said. Samsung and Automatic Telephone Exchange of the Soviet Union finalised plans to build a plant in99 words
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Article111 1991-03-26 6 SONY Corp of Japan announced on Saturday it will begin construction of an audio equipment manufacturing plant in Indonesia this year. The US$Bl.B million (S$ 144.6) factory, Sony's first direct investment in Indonesia, will begin operation next year and have an annual production capacity111 words
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Article116 1991-03-26 6 US DISTRICT court judge David Kenyon, accustomed to pondering weighty legal issues, will have to do some reading up on doll fashions to tackle his latest case. Lawyers for Mattel Inc urged Kenyon on Friday to bar a Swedish firm from broadcasting a television ad116 words
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Article75 1991-03-26 6 BREWER Lion Nathan Ltd is looking at buying the New Zealand franchise for Pepsi-Cola from PepsiCo Inc, a Lion spokesman said. Lion bought the Pepsi-Cola franchise in Australia late last year and also sold the Coca-Cola franchise in New Zealand last June to C-C Bottlers75 words
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Article, Illustration606 1991-03-26 6 THE Central Plaza Hotel Group, confident of a surge in the tourism industry, will invest about 10,000 million baht (Ss69o million) to build seven new hotels and renovate two existing properties under a five-year plan. It is also considering building hotels in Laos606 words
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372 1991-03-26 6 LAM SOON (Hongkong) is planning to lower its massive debt level by floating off its restructured flour and oil intciests on the Hongkong stock market, the Sunday Morning Post reported. The proposed public share offer and private placement in wholly-owned372 words
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426 1991-03-26 6 Inactive counters risk delisting or demotion THE Stock Exchange of Thailand will give 10 listed companies six months to make their shares more active or I'acc being delisted or demoted. Representatives from most of the 10 firms said they would consult their board426 words
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470 1991-03-26 6 Reuter HONGKONG trading giant Swire Pacific Ltd can expect a sharp drop in 1990 net profit mainly because of the effect of the Gulf war on Hongkong flag carrier Cathay Pacific Airways Ltd, say analysts in the British colony. "We are lookingReuter - 470 words
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319 1991-03-26 6 NEW ZEALAND-based Brierley Investments yesterday denied it was trying to reduce its shareholding in Air New Zealand by making partner Qantas buy shares under a secret "put" option. The Sydney Morning Herald newspaper reported at the weekend that agreements made319 words
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Article, Illustration492 1991-03-26 6 NYT NCR CORP has ended weeks of resistance and agreed for the first time to hold talks with AT&T, which has been seeking to acquire it since December. The announcement last Sunday is a strong sign that the takeover battle mayNYT - 492 words
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Page 6 Advertisements
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Advertisement155 1991-03-26 6 uni-f )call V' I A MITSUBISHI PENCIL CO., LTD. JAPAN mi/ Wha t We Have Done M To Give You These \W// Fine Liners 7^ \J Step 1: t[g IM First we make their metal ball tips a tM u highly durable to acquire instant IM J writing a It155 words
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Page 7 Advertisements
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Advertisement256 1991-03-26 7 Opportunities Ate Everywhere... 7T -r "Continental European shares or those in S.E. Asia?" "Just how easy is it to set up a Swiss account?" "Should I nrc lioU "Mavhc i> •< in the Virgin Islands or Nassau?" at acquiring a distributor on the US. West Coast..." fortunately, So Is Chase.256 words
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FINANCIAL NEWS
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SMALL CHANGE
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81 1991-03-26 8 BRITAIN'S Midland Montagu Securities Co Ltd suffered a loss of 146 million yen on a deal involving a Japanese client. A spokesman for Midland's Tokyo branch said last Friday the loss was incurred after the client, a company called Marushichi, failed to pay81 words
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Article82 1991-03-26 8 THE British government should adopt new financial regulations to prevent inflation taking off again as interest rates are cut, a report by an independent left-of-centre British thinktank said. "The British financial system is out of control, and discipline and rules need to be imposed now," the82 words
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Article88 1991-03-26 8 LUIS CARLOS CROISSIER, chairman of Spain's National Stockmarket Commission, said Spanish brokerages's low profitability could force some to merge. "Mergers seem probable since some brokerages, including some large ones, were not profitable enough last year," Mr Croissier said. Stockbrokers lost their monopoly as intermediaries in share88 words
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Article115 1991-03-26 8 SPAIN'S Banco Santander last Friday cut its prime lending rate to 12.5 per cent from 13.10 per cent, reflecting lower money market rates. It also cut its mortgage lending rate to 14.5 per cent from 15.25 per cent. It said it had already cut its mortgage115 words
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Article, Illustration254 1991-03-26 8 Reuter THE FORMER managing director of a failed Western Australian finance company, Rothwclls, became the first person to be jailed in connection with its collapse. Several other prominent Australian businessmen, including Alan Bond and former Rothwells chairman Laurie Conncll, faceReuter - 254 words
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189 1991-03-26 8 AFP INDONESIA has allowed government-owned banks to guarantee the repayment of olTshore loans taken out by both state and private companies. an Indonesian finance ministry spokesman said. A new ministry decree stipulated that state-owned banks with foreign exchange operations and the government'sAFP - 189 words
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521 1991-03-26 8 Salil Tripathi - By Salil Tripathi CITIBANK has pulled yet another rabbit out of its hat: a car loan scheme that appears cheaper than the normal hire purchase schemes. Called Auto Vantage, the modular package to be launched tomorrow enables consumers to divide the loan amount521 words
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595 1991-03-26 8 Thrift-style bailout feared Reuter REVELATIONS last week that the Bank Deposit Insurance Fund may borrow as much as US$7O billion shocked some bankers and raised fresh fears in the US Congress that taxpayers eventually may be asked to finance another thrift-styleReuter - 595 words
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281 1991-03-26 8 Chew Eng Han - By Chew Eng Han DBS has purchased 54 new automated teller machines from IBM for $4.65 million. And yesterday, for another $4.35 million, it also bought computer hardware from IBM to upgrade its existing backup system. The bank is replacing its older-generation ATMs with the281 words
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Article, Illustration478 1991-03-26 8 Customers stand to save tens of millions of dollars in premiums HONGKONG'S leading insurance firms have thrown their weight behind new Consumer Council proposals that could save customers tens of millions of dollars in premiums, the Sunday Morning Post reported. In a study involving478 words
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354 1991-03-26 8 THE world's first foreign managed unit trust investing in Taiwan is now open for subscription. The Sunday Morning Post reported thai the NTS-de-nominatcd Jardine Fleming Taiwan Trust is the first fund of its kind to gain approval and take subscriptions since the authorities354 words
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195 1991-03-26 8 Reuter TAIWAN'S Finance Ministry will sell more shares in three state-run commercial hanks in a move to speed up its privatisation drive, according to an announcement yesterday. The first offer last week of 900,000 shares in C hang llwa Commercial Rank, First CommercialReuter - 195 words
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Page 8 Advertisements
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Advertisement58 1991-03-26 8 ioo'eutong SEN A refurbished 8-storey office building a Excellent location Next to Outram Park MRT Station Only minutes from the Central Business District Distinguished design and quality finishes Ample carparking 24-hour security Business Centre with full facilities Office space vailable from approx 500 sq ft 30,000 sq ft For more58 words
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Page 8 Miscellaneous
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Miscellaneous10 1991-03-26 8 DolIar$ Non$en$e -£a U I ft 1 A BARA&L I10 words
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THE REGION/WORLD
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302 1991-03-26 9 US and European investors favour Singapore AFP THE newly industrialising economies (NIEs) of East and South-cast Asia will experience annual economic growth rates of nearly six per cent over the next 10 years, a Mhon Kcizan Shimbun poll showed yesterday. The influentialAFP - 302 words
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458 1991-03-26 9 Al 0 Labita Jr - From Al 0 Labita Jr in MANILA THE World Bank is upbeat about Manila's campaign to privatise its so-called "white elephants" financially ailing government-owned and controlled corporations. The World Bank's appraisal followed its recent review in Manila of the Aquino government's privatisation programme as458 words
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300 1991-03-26 9 NYT NHW ORDERS for IJS machine tools, often an important weathervane for the economy because the equipment is used by a wide range of major manufacturers, are showing surprising strength. Orders from aerospace, car and appliance firms rose 5.4 per cent last year, afterNYT - 300 words
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Article, Illustration396 1991-03-26 9 Government pushing conglomerates to specialise AFP SOUTH KOREA'S business conglomerates, unwieldy entities that have grown under official protectionism in past decades, arc resisting government calls to specialise. Government officials say the conglomerates, called chaebols, should stop expanding and consolidate around a few core businesses in orderAFP - 396 words
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315 1991-03-26 9 Reuter IRAN as a loan-seeker strikes bank managers as a good potential customer without bad debts, but still they hesitate, worrying over its head for figures and past political extremism. The Teheran government has a reliable record for repaying international debts but manyReuter - 315 words
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Article, Illustration315 1991-03-26 9 Reuter AMFRK \N Treasury Secretary Nicholas Brady has said that he is optimistic about the liS economic outlook but feels that the Federal Reserve Board should cut interest rates further to spur growth. "I'm optimistic." he said in a US television interviewReuter - 315 words
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WORLD WATCH
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119 1991-03-26 9 THE SOVIET UNION will benefit from the support of the new European Bank tor Reconstruction and Development (EBRD). sa>s the bank's president. Jacques Attali said in Paris last Sunday that "I think the Soviet Union is going in the right direction. I don't think119 words
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Article108 1991-03-26 9 POLISH PRESIDENT Lech Walesa, energised with enthusiasm as his US visit nearcd an end. said last Sunday that he is confident his country will win its fight to build a free-market economy. But Polish officials travelling with him painted a daunting picture of the problems which108 words
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Article82 1991-03-26 9 MALAYSIA'S furniture exports enjoyed rapid growth sinee 1985 and performance has exceeded the target set under the Industrial Master Plan. The Malaysian Minister of International Trade and Industry, Datuk Seri Rafidah Aziz, said in Kuala Lumpur last week that the export of wooden and rattan furniture82 words
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Article74 1991-03-26 9 THE MALAYSIAN government has approved M 5475 million (SS3O4 million) to upgrade the generating capacity of the Sultan Iskandar Power Station in Pasir Ciudang. The Malaysian Energy. Telecommunications and Posts Minister. Datuk Sen SSamy Vellu. said in Johor Baharu last Saturday that the generating capacity74 words
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Article98 1991-03-26 9 FIJI'S income from foreign tourism hit record levels last year, outstripping earnings from sugar and other traditional commodities. The government statistician announced last week that earnings peaked at 335.9 million Fiji dollars (SS42B million) up 14 per cent from 1989 from visits by a record 278.99698 words
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Article115 1991-03-26 9 FORMER US President Richard Nixon last Sunday visited the Vilnius television centre where 14 people were killed by Soviet troops in January and declared that Lithuanian independence is simply a matter of time. "Lithuania's independence is inevitable," he said, according to a text of his speech115 words
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Page 9 Advertisements
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Advertisement125 1991-03-26 9 DINE IN THE CUSTOM OF THE MOGHULS. With our North Indian Business Lunch, vou can now dine in the splendour that the Moghuls were accustomed to. You see, we've rut together some rather special regular and vegetarian selections that are designed to leave you sated, but without that over-full teeling.125 words
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Article482 1991-03-26 10 EDITORIAL BOLD, innovative Nanyang Technological University (NTU) could prove to be the right institution at the right time. The operative word is "prove"; understandably, that is the price it has to pay for following a tough act. The stakes are all that higher because in a field482 words
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WHAT THE OTHERS SAY
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Article211 1991-03-26 10 THE Ministry of Education has announced that it would select candidates from a cross-section of primary schools to try out the full-day school scheme. This is good research planning, calculated to yield results that allow administrators and academics to assess the impact of full-day school across the211 words
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Article120 1991-03-26 10 AS SINGAPORE achieves higher standards of living. owning a piece of landed property has become the aspiration of many Singaporeans. But with limited land area and rising prices, many will have to think twice. For those who earn just slightly atone $5,000 the ceiling set by the HDB120 words
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Article155 1991-03-26 10 NANYANG Technological Institute will be upgraded to Nanyang Technological University come July. As the second university in Singapore, it must complement the National University of Singapore instead of being an inferior university less preferred by students. Minister for Education Dr Tony Tan said in Parliament that NTU155 words
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REGIONAL VIEWPOINTS
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Article208 1991-03-26 10 THE administration of Cora/on Aquino has to balance the advantages of moral superiority against the benefits of practical politics in deciding whether or not to allow former first lady Imelda Marcos to come home to face charges of embcz/ling the state treasury, and to bury her late husband,208 words
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Article137 1991-03-26 10 VVI WHI.COME Admiral Sudomo's statement that historical items found among the treasures of the Portuguese ship related to the Malacca sultanate will he handed over to the Malaysian government which, in turn, will pass them on to the state of Malacca. But how would the National137 words
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Article174 1991-03-26 10 FOR the world, the main question about the Soviet Union concerns its stability. A prolonged crisis or civil war in the world's biggest country can hardly build confidence elsewhere. Now is the time when, more than ever, the Soviet Union needs a great leader. Mr Gorbachev sought174 words
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Article, Illustration1326 1991-03-26 10 Michael Molinski - Just a year ago, privatisation was the buzz word of an emerging generation of Latin American political leaders. Now, it is but a whisper. Michael Molinski reports on the changed circumstances of the Latin American countries Michael Molinski UPI TODAY, the rush in the LatinUPI - 1,326 words
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Page 10 Miscellaneous
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Miscellaneous56 1991-03-26 10 DOONESBURY BY GARRY TRUDEAU rolanq* this is pitep^l couch 1 oil wells m mpkness has settle? joinings <as critical A<b 1V i cant do STILL BURNING OUT OF GVER THE,..* COUGH!: EN- THAT STOW IS, YOUR WEIfAPt I THAT. PETEP 'KNOCK' I CONTROL HERB, PETER... M TIREOTt HACK'M IS MUCH56 words
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ANALYSIS
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880 1991-03-26 11 Michael Richardson - Anand Panyarachun was recently named Premier of an interim administration in Thailand following a military coup on Feb 23 that removed the government led by Chatichai Choonhavan. In Bangkok, Mr Anand, a diplomat turned businessman, talks to Michael Richardson about Thailand's futureIHT - 880 words
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Article, Illustration1567 1991-03-26 11 Paul Gopal - Canadians were given a rare insight into East Asian economic developments as viewed by the Japanese at the Pacific Rim Opportunities Conference in Calgary last week. Paul Gopal reports that this was probably the most precise exposition of Japanese perceptions of East Asia so tar1,567 words
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554 1991-03-26 11 Leigh Bruce - The announcement by the British government last week of a plan to replace the deeply unpopular levy known as the poll tax is being seen as an attempt to neutralise the issue. Bruce reports Leigh Bruce IHT THE poll tax is a system ofIHT - 554 words
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Page 11 Advertisements
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Advertisement112 1991-03-26 11 The Big Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce112 words
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INNOVATION & TECHNOLOGY
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Article, Illustration451 1991-03-26 12 Claire Leow - By Claire Leow SINGAPORE should have its own patent laws to cncourage innovation and lure existing inventors out of their shell, said a senior officer of the World Intellectual Property Organisation (WIPO). This is in line with the government's goal of doing valued-added451 words
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266 1991-03-26 12 Michelle Low - By Michelle Low Swedish-based Xfeld. which produces telecommunications equipment, hopes to take advantage of Singapore Telecom's plan to charge all local calls on a time basis later this year. Consisting of a master unit an IBM PC XT/AT compatible computer fitted266 words
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430 1991-03-26 12 NYT FOR Japan's electronics giants, it was supposed to be a sure thing. By early this year at the latest, their mainstay moneymaker the one megabit memory chip, which holds more than a million bits of information should have been heading into retirement. ItNYT - 430 words
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Article, Illustration359 1991-03-26 12 The next revolution quantum chips AP Scientists in a dustfree "clean room" are on a quest for a new class of semiconductors thousands of times faster than the chips now in use. Using nearly USSB million (5514.14 million) worth of equipment, the University of Tokyo researchers arc combining microscopic layersAP - 359 words
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567 1991-03-26 12 NYT DESPITE years of research and development, telephone equipment suppliers have not yet come up with optical fibre systems that are cheap enough to persuade phone companies or the public utility commissions that regulate them to abandon copper wire completely. But they are gettingNYT - 567 words
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Page 12 Advertisements
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Advertisement140 1991-03-26 12 t? >w~v^?ysssfcJK'S''' AND ON DATA INTERCHANGE WiU&m fc MAKE A DATE WITH EDICOM '91 27 28 JUNE Raffles Oty Convention Centre EDICOM returns after its successful debut last year. Here's another chance meet eminent speakers with outhority in the EDI field and to exhibit your latestrongeof EDI products and services.140 words
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Advertisement328 1991-03-26 12 P imwmumT TheWorMs Fastest PC Has Just Been Made Even Faster' Running at a blinding disk drive speed of 7 03secs Increased flembiiity comes with the provision of B Clocking m a processmg speed of 9 98secs EISA 32 bit EISA 16 bit ISA bus with the ability to meet328 words
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FOCUS
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Article, Illustration715 1991-03-26 13 Christopher Reed - David Gel Ten is probably Hollywood's richest man. But who is this 47-year-old tycoon who prefers jeans and T-shirt to a suit? Christopher Reed finds out Christopher Reed The writer is a freelance writer based in l.os Angeles WHEN the conservative Matsushita Corp bought715 words
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Article, Illustration1150 1991-03-26 13 Geraldine Fabrikant - Paramount's recent boardroom reshuffle brings to focus the management style of Martin Davis, its chief. Geraldine Fabrikant looks at the man behind the latest shake-up Geraldine Fabrikant NYT THE early-morning phone call last Monday to Paramount Pictures' chairman, Frank Mancuso, was from his brusque boss,NYT - 1,150 words
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Page 13 Advertisements
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Advertisement15 1991-03-26 13 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times15 words
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Page 14 Advertisements
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Advertisement250 1991-03-26 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES, OR LIGHT250 words
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Advertisement262 1991-03-26 14 FOR THE WEEK AHEAD. Sunday casuals are welcomed at chic Chinoiserie. Jeans are a goer, along with deck shoes and collared T-shirts but singlets, shorts, slippers and sandals are still not on. NO COVER CHARGE on CASUAL SUNDAYS and COMPLIMENTARY SNACKS will be served at 12.00 midnight. For an evening262 words
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Advertisement297 1991-03-26 14 y~ w THEME KARAOKE HITS TOWN! At Smgsation. Come experience the tares* karaoKC trend singing in different theme rooms. From Outer Space to a log Cabin, or even an Airplane Imagine being in someplace different every night. In fact, it's sensational! PLAZA H( JTEL located at multistorey oo.rui cmT** Beach297 words
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Advertisement325 1991-03-26 14 P lit ;7/,,_. AJj S uJJI S^nUHXfitJxHxl *1 Smorgasbord Lunch: Noon 2.30 pm Dinner: 7 pm 10.30 pm Adult: 16+ -f Adult: S4S f Childbelou 10: $18*- Clhild below 10: S2t+ I; \Xe serve the world to you M /he Belvedere. V TE \2//aff(/mrf lIJ fifenpaootr I* IW iniitiM if325 words
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Page 14 Miscellaneous
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Miscellaneous745 1991-03-26 14 TELEVISION AND RADIO T nro sactt SM ayfT business ON radio OVCyaUUO 700 AMJCNN tirtwnltioflal <!.). ?S HTTirrnrnmßi HIHHT AJU HH PMClBltalwualteßeHU. 35 The New Adventures of He 7.35 Rambo (Cartoon). 5 300m'3 25am'Financial News iMfl T' JSk MO Spain -In the Shadow of 725 Rambo (C artoon) a.JUpm. J.ZMHL745 words
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LIFESTYLE
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Article, Illustration1186 1991-03-26 15 Mervyn Rothstein - It's been a long haul for Michael Blake, but he's finally arrived with Dances with Wolves. Mervyn Rothstein traces the writer's journey Mervyn Rothstein NYT FIVE years ago, Michael Blake was living in his car in southern California, spending nights in friends' houses and writing aNYT - 1,186 words
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Article, Illustration702 1991-03-26 15 Claire Leow - Claire Leow finds something missing in Hollywood's Hamlet Claire Leow WHEN Meryl Streep turns from serious acting to a comic role in Postcards from the Edge, she wins awards. When Mel Gibson does the reverse and spouts the Bard's famous line, "to be or not to702 words
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Article, Illustration604 1991-03-26 15 CHATTERBOX COMEDIAN Andrew Dice Clay and his movie The Adventures of Ford Fair lane collected top Golden Raspberry Awards on Sunday in preOscar ceremonies recognising the worst in 1990 cinema. Bo Derek earned a Golden Raspberry for worst actress in Ghosts Can t Do604 words
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Page 15 Advertisements
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Advertisement280 1991-03-26 15 AND ENTEBTAIN Set Your Heart On Our Set Meals. LLJNCH: II WAM IO I <OCM JK.SO. »BwtP tteJlm.. Pf R PfcRSON tHNNIR. <- JCPM IX) >*- -jg. j» l io.Joni sifcso.. "*■*ll nls~< PFR PfcRSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set280 words
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Advertisement149 1991-03-26 15 1 10; iAVMkA m ftmA ■I* NISHIKI RESTAURANT |§V\ FROM 21 MAR TO 21 MAY W Set amidst boughs of cherry blossoms is where A you can enjoy authentic Springtime delicacies Skillfully prepared for V this delightful season are grilled lobster, salmon roe, ginko yklji nuts, aikshell and rare treats149 words
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SPORTS
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SIDE LINES
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94 1991-03-26 16 SOUTH KOREAN table tennis players left for Japan yesterday to form an unprecedented unified team with North Koreans for next month's World Table Tennis Championships. The tournament in Chiba will be the first at which North and South Korea have formed a joint94 words
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Article83 1991-03-26 16 TOP-RANKED Monica Seles and Steffi Graf highlight one of the strongest fields in the Hardcourt Championships since the tournament was revived in 1988. The two women are among 32 players vying for the top spot as play opened yesterday in San Antonio. The U*****,000 (*****,000) tournament,83 words
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Article106 1991-03-26 16 GUY FORGET has become the second Frenchman to be ranked in the top four of men's professional tennis, an official of the Association of Tennis Professionals (ATP) said in Sydney yesterday. In the latest ATP rankings, Forget has moved from fifth to fourth position, marking106 words
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Article79 1991-03-26 16 PROFESSIONAL football's first trans-Atlantic game turned into a water torture on Sunday as Barcelona ignored torrential rain to defeat New York-New Jersey 19-7 in the World League of American Football. The Dragons scored all their points in the second quarter with quarterback Scott Erney passing79 words
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Article98 1991-03-26 16 STEVEN RICHARDSON succumbed to high winds and shot a 3-over-par 74 on Sunday, but still managed to post a three-shot victory in the 35th Portuguese Open at Povoa de Varzim. Richardson, 24, of England, finished with a 5under 283 to win US$B9,OOO, moving him to the98 words
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Article82 1991-03-26 16 LYNN JENNINGS of the United States and Moroccan Khalid Skah retained their world cross-country championship titles in Antwerp, Belgium, on Sunday with strong finishing kicks. Skah took the lead with 150 meters to go and held off Kenyans Moses Tanui and Simon Karori in winning the82 words
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Article82 1991-03-26 16 FOR Alan Jones, Australia's most successful rugby union coach, Sunday was a day he'd rather forget. In only his second match as a rugby league coach, Jones was forced to watch his team, Sydney's Balmain Tigers, endure a humiliating 44-4 defeat by the Cronulla Sharks. The82 words
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Rituals of victory
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Article, Illustration343 1991-03-26 16 AP DOWN a set and struggling, Jim Courier vented his frustration by knocking a ball the length of the court and into the 10th row. He received a warning for ball abuse from chair umpire Richard Kaufman. "I don't know if I'll get a fine,"AP - 343 words
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Article, Illustration327 1991-03-26 16 AFP AYRTON SENNA won his first grand prix before a Brazilian home crowd on Sunday but both he and his McLaren Honda car were in agony. Suffering muscle spasm pains in his arm and shoulder, the 31-year-old world champion battled with his gearAFP - 327 words
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236 1991-03-26 16 AP NOT EVEN a sore wrist could keep Danielle Ammaccapanc from her first Ladies Professional Golf Association (LPGA) victory. Ammaccapanc shot a 4-under-par 69 on Sunday to win the Standard RcgisterPING tournament by two strokes over Barb Bunkowsky and Meg Mallon.AP - 236 words
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Article, Illustration581 1991-03-26 16 AFP FOR a small man, lan Woosnam has some big goals, one of which was realised in New Orleans last Sunday when he outplayed Jim Hallct in sudden death to win the USFG New Orleans Classic. "I came over here to win. I have toAFP - 581 words
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464 1991-03-26 16 AP CHI CHI RODRIGUEZ made a five-meter birdie putt from just off the green on the final hole on Sunday to win the Vintage Invitational at Indian Wells in California. The win makes Rodriguez the leading money winner among PGA Seniors. On the strength of aAP - 464 words
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256 1991-03-26 16 AFP JAHANGIR KHAN won his first squash tournament since last year's British Open in a gruelling final of the German Open against his Pakistani rival Jansher Khan on Sunday. The 15-10, 7-15, 15-14, 15-10 win in Cologne was an important success, coming so close to hisAFP - 256 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4950 1991-03-26 17 William Chia - By William Chia LACK of fresh factors caused the Singapore bourse to close mixed yesterday after profit-taking pared early gains in quiet trading. The Straits Times Industrials Index closed at 1,479.08, up 1.64 points from Friday, while the Business Times-Mor-gan Grenfell Asia4,950 words
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Article3764 1991-03-26 18 Main Board Gold Coin 308 46 +17.6% UE Pref 180 30 20.0% SIA Foreign 1740 20 +1.2% OCBC Foreign 1060 20 +1.9% OUE 765 +20 +2.7% Spore Land 695 4-20 +3.0% B Sembawang 600 20 3.4% CMB Packaging 299 +15 +5.3% OCBC Wt 95 1993,764 words
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BT SHARE INFORMATION SERVICE
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Article107 1991-03-26 19 C—p—y Date Yoar Group Not Net earnings Cross M* to proAt/loss (L) por slwe dividend (000) (coats) Pacific Can Mar 18 Sep 90 $1.450l($531m) —(0 7) Keppel Finance Mar 15 Dec 90 $5,276($5,169) 5 8(6 3) 5(4) Van der Horst Mar 12 Sep 90 $2,451 ($1,902) 4 2(3.3)107 words
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Article592 1991-03-26 19 Compmy Date Y«ar Gnwp pretax Met earaiRgs Gross mi to pram/toss (L) par slur* dividend COM) (ceats) Amcol Mar 22 Dec 90 $51,516(113.761) 182(4 6) 10(10) Guinness Mar 22 Dec 90 M$91,297($72.025) 19 3(15.3) 36(40) H Leong Fin Mar 22 Dec 90 $65.088($58,351) 16 4( 15.5a) 10(9 la)592 words
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Article186 1991-03-26 19 Mar 22 Acnu Ltd's acquisition of Gold Coin Ltd for $116 m was signed on Mar 21 with Gold Coin's majority shareholders, subiect to certain conditions Mar 21 GK Goh Holdings Ltd increased the issued and paid up capital of its wholly-owned subsidiary, GK Goh Securities (HK) Ltd.186 words
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Article983 1991-03-26 19 Current Ix Books Data Total tor Total for payment date dose payaMo tha year last year Astan Find USSO 10(b) Mar 18 Mar ?8 Apr 8 USJ010 Avino 5%TE Feb 25 Mar 7 Ma, 15 12 51TE 25%TE BAT 104 8% Apr 15 Apr 26 May 10 152983 words
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Article329 1991-03-26 19 Company Date Half-yoar Croup pro-tax mr to profit/loss (L) rfMdond ('000) I mate* Mar 21 Sep 90 MJ2.615KS2.021L) SBS Mar 21 Dec 90 51.769(12,180) Antah Hldgs Mar 20 Dec 90 M$18.075($14.587) L4M Mar 20 Dec 90 $1,131(1905) CI Holdings Mar 18 Dec 90 MJ11.432(MJ9,383) 8(-) Pan Pacific Mar329 words
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Article504 1991-03-26 19 Main Board Last FuN Yaar Company Period Date Tor Net EPS Gran Net arrowed »«in( (cants) 4* profit last year (T000) BMT Interim Jan 10 Jun 91 7542 1500 773 Apofio F.na! Feb 16 Dec 90 17*64. Yaahan Final Feb 16 May 90 30 7 30 0 2.551(b)504 words
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Article260 1991-03-26 19 Company Rights Issue H Iwnf Cm* Two-tor five fe M$2 00 per share Ei-date Feb 21 Books dose Mar 7 Acceptance I Payment Apr 19 KL Muitnn One Kuala Lumpur Industries HUgs Bhd share of MSI each for seven Kll shares of 50 sen each Rghts issue of260 words
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Article826 1991-03-26 19 BONDS, LOANS WARRANTS Company Conversion poriod Convoriion term for on# ortfinnry shin CIC Wt Before 26 4 93 1 warrant plus $3 09 cash Causeway Low Causeway Wt 2/10 89 to 20/10 94 1 warrant plus SO 77 cash or 1 warrant plus 10 77 nominal amount of loan stock826 words
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Article194 1991-03-26 19 RECORD HIGHS LOWS BT Composite Index jjj ,ustria,s J" dex ioai i 1951 Nifh. 1512.57 (7, 3/91) 2 Sf S? #k/?2 1991 to 1149 08 (16/1/91) 25S SS S/i/S 1990 1607 12 (27/3/90) 2S? XS roi/ii/S! 1990 *****0 < ii/io /9 °> 25s. iwS 2'52 1989 *****6 < 26/l2/89) 2S?194 words
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Article373 1991-03-26 19 Company Rights Issue Mcam One tor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) ot MJO 10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS wnth 1 TSR for every 4 CRPS Barton One for four373 words
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Article128 1991-03-26 19 Sunvna hvestments Ltd: EGM at the Boardroom. 10 Jalan Besar #17-01. Sim Lim Tower, Singapore 0820 on Tuesday. March 26, at 10.30 am. Technotofy Resources Industries Bhd: EGM at 23rd Floor. Technology Resources Tower. 161-B. Jalan Ampang. ***** Kuala Lumpur on Tuesday. March 26. at 3 30pm Sngapore128 words
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Page 19 Advertisements
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Advertisement125 1991-03-26 19 NEWS FLASH r> 11fn£S 's^i? 3£ n. f fl HH 1 w iH IT MIGHT SURPRISE you to know that Shipping Times is the most well-read paper in the transport industry. Everyday it brings you: Bunker Reports. Shipping Agents' List, Freight Rates and a guide to port of calls of125 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4100 1991-03-26 20 Bernama SHARE PRICES closed steady but most stocks finished off their peaks after profit-taking trimmed earlier gains. The KLSE Composite Index closed 1.88 points higher at 590.77 after reaching 596.12 at 12.15pm while the Industrial Index rose 11.61 points to 1,140.71. Gains led lossesBernama - 4,100 words
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Page 20 Advertisements
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Advertisement140 1991-03-26 20 i$ i :v?• CTPffiraßppP«ipiff* '"1 <k -V. > v<- 7 S I ,sL v >. 'V3s?ftrt3h<.*•>.- v < <1 +'*'}■'< 5 v V:•• 'V J •-••> '"V s ■:'>c 1 "A A "/■> i i j > r- < > x> '>] s L 'A*'..- v -> fh V' s140 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2228 1991-03-26 21 Reuter TOKYO stocks plodded through an uneventful Monday to end mixed after a light session. Dealers and institutional investors had little incentive to trade as yesterday was the last day of trade for March delivery and for the current fiscal year, brokers said. "Essentially,Reuter - 2,228 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2072 1991-03-26 21 Reuter HONGKONG stocks ended mixed in active trade yesterday dominated by blue chip property counters, brokers said. The blue-chip Hang Seng Index advanced 2.40 points to 3,718.55 while the broader-based Hong Kong Index gained 2.59 points to 2,437.21. "The market was quite mixed,Reuter - 2,072 words
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Page 21 Advertisements
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Advertisement15 1991-03-26 21 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times15 words
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REGIONAL STOCK MARKETS
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Aussie shares close marginally weaker
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Article844 1991-03-26 22 THE Australian share market closed marginally weaker yesterday, in largely featureless trade. Early futures pressure dragged stocks lower at the start, although there was a slight recovery in the afternoon. The All Ordinaries Index ended 1.6 points lower at 1,425.6. Kerry Packer's Nine Network Australia Ltd was the most844 words
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Article832 1991-03-26 22 THAI stocks fell in sluggish trade yester- day on concerns about a bearish outlook in New York and a potential backlash from a hardline military policy against state enterprise labour unions, brokers said. The SET index fell 6.61 points to 876.08 on 3.8 billion baht turnover. Bangkok Bank fell832 words
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Article403 1991-03-26 22 A SURGE of buying in industrial shares pushed Taiwan share prices to finish higher yesterday after the index wavered uncertainly in early trade, dealers said. The weighted index finished 94.93 points or two per cent higher at 4,820.76 compared with Saturday's 4,725.83 close. Turnover rose to NT554.2 billion from403 words
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Article542 1991-03-26 22 MANILA share prices closed mostly higher yesterday as investors took positions in selected issues in anticipation of a further uptrend, defying the traditional decline that marks the observance of Lent. The Manila Stock Exchange composite index surged 33.02 points to close at 1,034.40. "People right now are taking a542 words
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Article342 1991-03-26 22 LEADING stocks Fletcher Challenge and Brierley Investments pulled the share Barclays Index higher but most other stocks were flat or down. The Barclays Index closed an estimated 5.61 up at 1,303.02. Fletcher Challenge, which comprises nearly a quarter of the index, rose nine cents to NZ$3.3B, with one342 words
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Article783 1991-03-26 22 SEOUL stocks rose in slow trade yesterday mainly on a technical rebound after the market fell for the seventh straight day, brokers said. The composite stock index ended the day at 664.05, up 4.56 points from the previous session. Turnover was thin at 172.1 billion won against 109.2 billion783 words
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Article49 1991-03-26 22 BOMBAY share prices ended broadly lower in limited trading yesterday with investors preferring to keep on the sidelines because of political uncertainty, brokers said. The Bombay Stock Exchange index dropped 16.13 points to 1,155.46 and the national index 8.51 to 582.67. Reuter Jakarta market report was not available49 words
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Article964 1991-03-26 22 Cine PretMMK March 25 SYDNEY All Ordinaries Index 1,423.6 1.427.2 -1.6 All Industrials Index 2,202.6 2201.9 -0.7 All Resources Index 830.7 833.7 -3.0 Turnover (million) 82.39 78.29 +4.1 BANGKOK SET Index 876 08 882 69 -6.61 Turnover (million baht) 3,800 4,350 -550 JAKARTA Composite Index NA 398.24 MANILA Composite Index964 words
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CURRENCY, MONEY & FUTURES MARKETS
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Article, Illustration900 1991-03-26 23 David Gabriel - THE By David Gabriel Using technical methods the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit leveraged up to 10 times for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index futures and Euro-yen futures. LAST WEEK,Source: TeleTrac - 900 words
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436 1991-03-26 23 ASIA Tokyo: The dollar yesterday closed firmer after a day of dull, thin trade led by interbank dealers. Small-scale commercial buying was seen in the morning, but corporates were largely sidelined ahead of Japan's fiscal year-end on March 31. The dollar closed at436 words
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Article1120 1991-03-26 23 SIMEX Open High Low Sett Est Vol Op/lnt Vd Jun 91 93.38 9140 9137 93J7 4210 ***** 5676 Sep 91 93.08 93.10 93.06 93.06 1824 6SI0 1610 Dec 91 92.57 92.59 92.55 92.55 383 8742 970 Mar 92 92.38 92.40 92.36 92.36 175 4754 247 Jun 92 92.051,120 words
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Article402 1991-03-26 23 Cross rates Mar 25 IJSS SS MS Dm Yen SFr AS NZS IJSS 1.7700 2.7480 1.6500 137.75 0.5616 1.4125 1.2945 1.6779 SS 0.5650 1.5525 0.9322 0.7782 0.3173 0.7980 0.7314 0.9479 MS 0.3639 64.41 0.6004 0.5013 0.2044 0.5140 0.4711 0 6106 l)m 0.606! 1.0727 1 6655 83.48 0.3404402 words
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Article578 1991-03-26 23 Interbank rates S$ Bid Offer Overnight 3 7/8 4 I-month 4 7/16 4 9/16 2 month 4 9/16 4 11/16 3-month 4 5/8 4 3/4 Overnight mode: 4-1/8 LSS Bid Offer 7 days 6 11/16 6 13/16 1 month 6 3/8 6 1/2 2 months 6 3/8 6578 words
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COMMODITIES
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504 1991-03-26 24 NYT GOLD, supposedly the classic hedge against economic, political and natural disasters, has brought despair to its followers over the past months of trauma. But recent signs from the precious metals market indicate that platinum may prove more tempting to investors. IndustrialNYT - 504 words
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Article243 1991-03-26 24 AFP SOME of South Africa's 36 gold mines will "almost certainly" close, Chamber of M ines president Clive Knobbs said as he urged wage restraint in his annual address last Sunday. Mr Knobbs, whose chamber represents the country's seven major mining houses, said the fallingAFP - 243 words
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834 1991-03-26 24 REPORTS ON THE Kuala Lumpur Tin Market, business was done yesterday at M$ 14.82 per kg (ex-smelter), down three sen from Friday, on an official offering of 56 tonnes. Tin futures closed lower in nominal trading yesterday. Dealers said there were no players834 words
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Article1455 1991-03-26 24 Rubber Mar 2s MXtrttaMw) Sivnts/Vg Noon Close I ill I KSS I'rompt 141.5<V 142. SON 141 50/142 50N Inl I KSS Apr 91 143 50/144.00 *****/144 00 Int I KSS May 146 50/147.00 146 30/147 00 Inl 2 KSS OI* I42.00/I44.00N I42 00/I44 00N Inl 3 KSS Ol' 137.50/13**.50N1,455 words
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Page 24 Advertisements
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Advertisement333 1991-03-26 24 NOTICES NOTICE COMPONENT RESOURCES (S) PTE LTD (In Voluntarily Liquidation) NOTICE IS HEREBY GIVEN pursuant to Section 308(2) of The Companies Act, Chapter 50, that the Final Meeting of Members of the abovenamed Company will be held at the offices of Tan Chin Ren Co, 257 Selegie Road #12-283 Selegie333 words
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Advertisement212 1991-03-26 24 IN Tilt! MATTOH <»' TIIK COMI'ANIKS ACT, CAP. SI \NI) roil lIOIJMNUN ITK I/I'll (la MrmhcrV ValaaUry IJ<|iildall«<i) NOTICK OK KINAI. MKKTINU NOTICK IS lIKKKBY GIVKN that the Klnul Meeting of Members of the abovenamed Company will be held at 20 Kramat l.ane •02-10 United House, Singapore 0922 on Friday212 words
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Advertisement11 1991-03-26 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article982 1991-03-26 25 City FUfM ETA Flight ETD Abu Dhabi GA893 1235 GA892 0355 GA974 2135 GA886 2220 Mrtaldi SQ228 1910 QF82 2115 QF7 2155 Ammm RJ83 0350 Amsterdam GA893 1235 GA892 0035 KL837 1505 GA974 2135 SQ23 1815 KL838 2150 SQ24 2215 Athom SQ24 2215 Oachliad N235 1625982 words
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THE TRAVEL PAGE
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Article, Illustration590 1991-03-26 25 Francois Raitberger - POSTCARD FROM PARIS By Francois Raitberger Reuter IT may have been the fastest party on earth drinking and dancing at 270 kph, no seat-belts required. French winegrowers took their latest crop to Paris for the day, impressed gourmet customers and reached home by evening afterReuter - 590 words
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Article152 1991-03-26 25 As at 3pm yesterday: l/)cal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3600 1.3800 Canadian dollar 1.513 I.S23 NZ dollar 1.045 1.075 Sterling pound 3.130 3.160 US dollar 1.7670 1.7820 I ileal dollars to 100 units of foreign current* Austrian schilling 15.00152 words
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Article80 1991-03-26 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel April International Budapest. HUNGEXPO ********** April ExpoOptica Spain IFEMA ********** 9 2 Exhibition of Hungary Agricultural April 17th International Centro Fundacion El (541)*****25 j Food Industry 5-22 Book Fair Municipal de Libro Machinery Exhibition Exposiciones. Instruments Buenos80 words
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Page 25 Advertisements
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Advertisement34 1991-03-26 25 Ronald, you'll relish Fmnair's Hamburg service. Fmnair's 0855 arrival in Hamburg is just one of the timely arrivals at over 30 European destinations. Call *****77 for details. We know Europe from start to Finnish.34 words
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Advertisement21 1991-03-26 25 Fandi's Fun Is Fandi Ahmad having fun? v S N sjmßly The much more. i ffißß From lunch-time. to Saturday. H21 words
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Page 25 Miscellaneous
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Miscellaneous223 1991-03-26 25 tionalists inform the police mer Lh4— 14 The demeanour 17 Strippers' code involved 1 1 T II the announcement of j j j per second per second dent in Holland (7) 27 A sovereign, sickly and (4) (5) pale (7) 7 Concerns African trade ex- 2 4 Fish served in223 words
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Miscellaneous212 1991-03-26 25 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Forecast: Maximum temperature 32.0 Assoc humidity 56% Minimum temperature 24.0"C Assoc humidity 97% Hours of sunshine 7.00 Rainfall in mm 5.2 Rainfall this month.. 17.9 Rainy days this month 3 World forecast Asia-Pacific H»/Lo* Cond. Auckland 22/16212 words
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Miscellaneous20 1991-03-26 25 (Pe*CTiSltfG KP\RMDK£. 1/3 PPM-C HMDS I uove"\ POWG ?y VNIGHT TVT FOX and £>es\oe. iwe l) If 8367 stawoa^— i20 words
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335 1991-03-26 26 Lilian Ang - Plant will cater to growing Asia-Pacific demand b* Lilian Ang ANOTHER oil company will soon join Shell and Exxon in taking steps to integrate its oil refining and petrochemical operations in Singapore. Mobil Oil Singapore yesterday received the green light from head335 words
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284 1991-03-26 26 Reuter JAPAN, still wavering about supporting the concept of an Asian trading bloc, faces the dilemma of whether to align itself with its neighbours or with the West, government officials and researchers said. Formation of the East Asia Economic Group (EAEG),Reuter - 284 words
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Article, Illustration423 1991-03-26 26 Reuter PREMIER Li Peng has lashed out at the state of China's economy, but has offered few concrete proposals for change in a gloomy assessment of the country's situation. Presenting a new five-year plan and 10-year programme to the NationalReuter - 423 words
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210 1991-03-26 26 Reuter GERMANY celebrated unification by overtaking the US as the world's leading exporter last year. A 16.5 per cent rise in the exchange rate of" the mark against the American dollar helped raise the dollar value of" (ierman merchandise exports to IJSS42I billionReuter - 210 words
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Article, Illustration643 1991-03-26 26 CATHERINE ONG; CATHERINE ONG - The Bottom Line CATHERINE ONG CATHERINE ONG The writer is BT's Hongkong Correspondent WHEN Hongkong's Financial Secretary, Sir Piers Jacobs, increased the tobacco tax by 200 per cent recently, he was accused of attempting Singapore-style social engineering much ridiculed by residents in the territory. Although he pleaded643 words
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172 1991-03-26 26 Reuter PALESTINIAN leader Yasser Arafat, after months in the wilderness because of his support for Iraq, has resumed his 1988-89 peace offensive, adding what his offiee calls a substantial territorial concession to Israel. In an interview with the Canadian newspaper the Toronto Star, MrReuter - 172 words
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Page 26 Advertisements
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Advertisement486 1991-03-26 26 Baume Mercier GENEVE 1830 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and you are looking for office space (witn business support facilities) we nave various sizes for you to choose. Our prices for a week is equivalent to a night's stay in an Orchard Road486 words
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Advertisement124 1991-03-26 26 JIL Baume Mercier GENEVE 1830 1 UNITED HOUSE K >e OR SALE Excellent Investment I Opportunity For h Investors/Owner Occupiers V) \j I I 1 si Quality Office Accommodation ">S/ TliX \<- Vacant Possession Possible \l 7 v Prime Location in Orchard Road Vicinity eber roao~L t Dk\J 1 Freehold124 words
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Shipping Times
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Article, Illustration350 1991-03-26 27 Selva Kumar - By Selva Kumar JURONG PORT. Singapore's main bulk and general eargo terminal, has outdone an earlier forecast for the last financial year. In August last year, the port projected that it will handle between 7 million and 8 million tonnes for the350 words
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319 1991-03-26 27 Bernama THE ferry service between Tanjung Belungkor at Desaru and Changi Point in Singapore is expected to be operational in October next year. Works Minister Datuk Leo Moggie said last Friday that the service would start after completion of the terminalsBernama - 319 words
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290 1991-03-26 27 JAPANESE STEELMAKER NKK Corporation has started shipping steel eoils to the US car industry via the West Coast route in specially designed containers. The containers were developed recently for steel coil transport on the West Coast route by NKK together with290 words
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550 1991-03-26 27 Equipment stolen or damaged by Iraqis Reuter THE COST of repairing Kuwait's ports, plundered and destroyed during the Iraqi occupation, will be around US$l billion (SS 1.7 billion), according to the head of the Kuwaiti Ports Authority. Captain Abdul Rahman al-Naibari. actingReuter - 550 words
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512 1991-03-26 27 Reuter HONGKONG flag carrier Cathay Pacific Airways, hit by the Gulf crisis, posted yesterday 1990 profits that were 9.8 per cent lower than the previous year but better than some analysts had feared. Cathay, whose parent Swire Pacific holds a 51.85 per centReuter - 512 words
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Article223 1991-03-26 27 Reuter CHRYSLER CORP chairman Lee lacocca has asked US President George Bush in a private letter to intercede against Japanese car makers to save the US Big Three from disaster. The lengthy letter, dated March 6, was obtained by the Detroit News, which published cxccrptsReuter - 223 words
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NEWS SUMMARY
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Article39 1991-03-26 27 THE THAI PORT of Laem Chabang opened in January to a cold reception. Shippers say they are not going to use it unless the infrastructure improves. Michelle Rowe reports from Bangkok Page 239 words
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43 1991-03-26 27 FOUR MEMBERS of an environmental group chained themselves to an oil tanker in Los Angeles harbour for several hours last Saturday in a protest marking the second anniversary of the massive fcxxon Valdc: oil spill Back Page43 words
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60 1991-03-26 27 THE GOVERNMENTS of Denmark and Sweden last Saturday agreed in prineiple to build a bridge aeross the Oeresund Strait to link the two eountries. The bridge between IXnmark's eapital Copenhagen and the southern Swedish port of Malmo would be 17 kilometres long and eould60 words
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35 1991-03-26 27 MORE bad financial news doused many carriers last week, leading some industry experts to speculate that earnings and travel may not rebound as usual in the spring Back Page35 words
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LOG BOOK
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85 1991-03-26 28 THE HONGKONG GOVERNMENT has granted a private treaty to the colony's two major container port operators to jointly develop an eighth container terminal. The treaty has been awarded to a consortium comprising Modern Terminals Ltd and Hongkong International Terminals Ltd, a subsidiary85 words
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Article50 1991-03-26 28 MAERSK LINE has won three awards for best container carrier in the trade between Asia and Europe, the best shipping line between Asia and North America and the best mtermodal operators. The awards were based on a survey conducted by Cargonews Asia, a Hongkong-based magazine.50 words
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Article46 1991-03-26 28 LLOYD'S INSURERS issued a mine alert for shipping in the centre of the Gulf last Sunday after a mine was seen drifting east of Qatar. An advisory from the firm's Bahrain office said the mine was spotted late on Saturday.46 words
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Article102 1991-03-26 28 A SPANISH PATROL BOAT set a record by intercepting 600 freighters in the Gulf and inspecting more than 30 other vessels in less than two months while monitoring the UN-imposed trade embargo against Iraq. Allied forces dubbed the boat "The Atomic Ant" after a Spanish102 words
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Article42 1991-03-26 28 GERMAN NEWS WEEKLY Der Spiegel said on Saturday high-ranking employees of the Mercedes unit of German industrial giant Daimler-Benz were paid bribes in connection with alleged illegal truck sales to Iraq. No immediate comment was available from Daimler.42 words
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Article62 1991-03-26 28 US AUTHORITIES have charged a Miami aircraft executive with illegally shipping aircraft parts to help repair a fleet of Libyan transport planes. Duane Egli. 58, who appeared briefly in court in Miami on Friday, was ordered held without bail pending a hearing in US District Court.62 words
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Article51 1991-03-26 28 SRI LANKAN CUSTOMS detained a Belgian vessel carrying a large quantity of explosives which docked at Colombo port for refuelling' The 165-ton freighter Marathalina was on its way from Belgium to Taiwan. The sources said the ship had not made a declaration that it was carrying the51 words
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Article, Illustration1249 1991-03-26 28 Michelle Rowe - The Thai port of Laem Chabang opened in January to a cold reception. Shippers say they are not going to use it unless the infrastructure improves. Michelle Rowe reports from Bangkok Michelle Rowe BANGKOK'S long-awaited Laem Chabang Commercial Port the country's first deep-sea port1,249 words
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Article984 1991-03-26 28 March 26-28: SingaPort *91 International Conference for the Maritime Industry, organised by Times Conferences. World Trade Centre. For further enquires call *****44 or fax: 286-5754. April 12-13: Seminar on Shipbroking and Chartering for Exports on Chartered Vessels Terms. Negotiation and Fixing. Organised by Facs World Pte Ltd at984 words
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Article12504 1991-03-26 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum12,504 words
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Article3533 1991-03-26 41 A.BC Containerline NV: tk'lsin Shpg Agencies l*tc l ul (SyMarine Handling Sdn Bhd (PK/PN) Accord Group: Accord Shpg Pte I td (SVAccord C'ontr Line (PK/PN). \dkris Business C orporation Philippine: Calsource Shpg Trdg Ptc I td (S) Ahrenkiel I iner Service: Kim Shpg Trdg(S). \lbatros Sea-Air Service: Frata3,533 words
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Article257 1991-03-26 41 A bains Courier* Tel: 545-8011 Fax: *****98 Aif Express Travel Td: 533-5771. Fa*. *****44 Airborne Freight Corporation Tel: 542-8844 Fa*: *****16. *****80 Airswift Worldwide Courier Tel: 278-0188 Fa*: *****83. AJS Supplies Tel: 748-6322 (2 lines*. 747-7421. Fa*: *****75. City-link International Tel: 344-3377. Fa*: *****50 Cluster link Supplies A257 words
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Article1555 1991-03-26 41 Abe* Express Freight I Tel: 542-7171. Fax: *****84. Actinic Forwarder I Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fa*: *****20. Aerolink Freight International Td: 545-8033. Fa*: *****05. AerosMcd Td: 542-5911. Fa*: *****18 1 Air Cargo Now Express Tel: 542-5454. Fa*: *****06. Air Express International Tel: 542-7666 Fax1,555 words
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Article2980 1991-03-26 42 ARGENTINA Su Lorenzo: One vessel loading pellet lzed meal; no vessels in roads. I—lk Two vessels in port loading grain; 2 vessels berthed in ballast awaiting orders; wheat stocks ample; maize/barley stocks sufficient. Villa Co—rituckxc One vessel loading grain; 1 vessel berthed in ballast undergoing repairs. Nacochea: Four2,980 words
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Article625 1991-03-26 42 SHIP SALES TANKER RATES FOUR container ships were reported sold within Germany for around US$46 million en-bloc. The vessels are the 1985-built Ruhland/Rubelaad each of 18,155 dwt and the 1986-built Sohfend of 18,155 dwt and Fahrfaind of 18.070 dwt. VESSELS ON OFFER Brik ctrritn Nopal Cherry: 18,863 dwt and built625 words
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Article456 1991-03-26 42 ARRIVALS DEPARTURES Op Might Type ETA T From Op Flight Type ETD 1 To TOMV TODAY JAL JL6I7 B747F 0200 I NRT SI A SQ802 B747F 0230 2 SYD/AKL KA1. KE697 B747F 0220 I SEL KAL KE697 B747F 0450 I BKK NCA KZ205 B747F 0310 I NRT456 words
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Article198 1991-03-26 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep Nibe of Vessel KTA KIT) Ports of Calls Port Agent MARCH 30 30 Cora Princess 1000 1800 Jakarta-Sin-Jakarta Sembawang Johnson 31 01 Song of Rower 1200 2300 Phuket-Sin-P Senbu Neptune Agencies REGIONAL FERRIES Port of Call Name of Vessel Agent lel No Tg198 words
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SHIPS IN PORT
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Article561 1991-03-26 43 '"ML Voy Hp Berth Arrival Dqurtue Keppd Wharves Cora Pcess 015 (P) K29 alongside 2503/1800 Kota Akbar EM) K32 alongside 27 03/1800 Maksim Gorki 3-91 (P) C09 alongside 2503/1700 Ocean Raw 75A K34 alongside 2803 0600 Sg Of Flower *****3 (P C10 alongside 2503/2230 Grace Luna 1561 words
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Article1477 1991-03-26 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Baiance RsJts Slip Voy No Etb/Btr Period From To From ACX Jade 40A 27/1500 1 25/1500 25/1659 25/1900 4 26/1200 26/1459 26/1700 ACX Rose 11 28/2300 2 25/1700 26/0659 26 0900 4 26/1200 26/1459 26/1700 Adrian Ms 9104 27/07001,477 words
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Article999 1991-03-26 43 CHARTERING on the dry cargo freight market on Friday was relatively quiet, brokers said. Rates are set to drift lower in the near future with supply for the sumtner months looking plentiful, they added. The Baltic Freight Index dropped a further seven points to 1.711, and this was999 words
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Article243 1991-03-26 43 Pcnang Port Berth n Butterworth on March 26: 1: Fridrich Engles, 2: Glory Selatan, lucoma; 3: Malayan Princess, Bangkhunprom 4: nil; 5: Equator Pride; 6: Asian Princess. Penan| Wharf: NB Chin Tsair Jin; CB Bintang Mekar; SB Cipta Raya BCT: Bl: Samsun Mariner; Bll Ikan Selar; l/B:243 words
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Article, Illustration357 1991-03-26 44 UPI FOUR MEMBERS of an environmental group chained themselves to an oil tanker in Los Angeles harbour for several hours last Saturday in a protest marking the second anniversary of the massive Exxon Valdez oil spill. Greenpeace spokeswoman Kelly Quirke said two protesters chained themselvesUPI - 357 words
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Article394 1991-03-26 44 Construction of Oeresund link expected to start in 1993 AP THE GOVERNMENTS of Denmark and Sweden last Saturday agreed in principle to build a bridge across the Oeresund Strait to link the two countries. The bridge between lX*nmark's capital Copenhagen and the southern Swedish portAP - 394 words
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389 1991-03-26 44 Reuter MORE bad financial news doused many carriers last week, leading some industry experts to speculate that earnings and travel may not rebound as usual in the spring. "There's no good news in the industry anywhere," said First Boston Corp airline analyst Paul KarosReuter - 389 words
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Page 27 Advertisements
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Advertisement115 1991-03-26 27 SYVtf HENG IWTtt CO PTE LTD I) TUA3 AVE M 34NGAPO«£ 22H TELE* M 3 2Ce7» SHMCPL TEL: 861 SMS (5 km| THWAI: Ml y/\ Chy Ful'angaot I**l ACtMJ n<t i lIIW i.r.m still I I i I n wno»-SOtavi«» /dull Ily lllll'l ElactK k>M(l mat ■o«' UM P«7ii Convartor115 words
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Advertisement51 1991-03-26 27 Air Forwarders 15 Air Freight Schedule 16 Container Schedule W Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 1' Irtdei to Advertisers 3 Port Conditions 16 Shipping Agents Shipping Guide 10,11 SJupsales Tanker Rates 16 Ships in Port 17 Singapore Tides 1' Transport Diary 2 Weather and Sea Conditions51 words
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Page 28 Advertisements
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Advertisement89 1991-03-26 28 FOR SUCCESSFUL MANAGEMENT OF YOUR BSIMISS r.i Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look89 words
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Page 29 Advertisements
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Advertisement2321 1991-03-26 29 *nmm JARDINE SHIPPING AGENCIES tlllf# MO Cantonment Road #12 05 Southpoint. Singapore 0208 Alllfr telex no rs ***** ■fTRin TERMINAL,'CFS TH *****18 220 *1 BOOKINGS Tel *****34 258 VB# 4 pesaka jardine shipping agencies son bho fORT KfIANG TEL *****18 TELEX NO MA***** MA***** PENANG TEL *****4 TELEX NO MA4OO/32,321 words
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Advertisement959 1991-03-26 29 INDEX T^WRTiaRS Paitr Col Fa«e Col a Lloyd Triestino 4 1/2 -I Lykcs Lines 5 I ABC Containcrline 12 I M Accord Group 8 1-3 Mac-Nels Agencies 14 1/2 A hjHros&a-A.r 4 3 Macoline 18 3/3 Allied-Link 16 4/5 /c APL 5 3-5 rskL,ne *1 APt Line 13 4 ,SC959 words
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Advertisement2190 1991-03-26 29 ■□EESsaißa NEXT VESSEL TO WAYPORT MARGRETHE MAERSK V 9104 ETA 2/4/91 Vessel Voy ETA ETO "Poet 'P«n«ng Singapore Ke,.n fl DESTINATIONS Th*s Margrethf Macsh 9 1 04 Feeder t>y ■E^EE^EH3ESEIffI3HEJ3nBH9BB^S®SHEHBB2B3BSE2ZB^BBBBB 2t4 ueoo MRS M F«rco CFS 1/4 7359 MRS M tauro OAK LGB MOO MEM ATI MIA CHS BAL PML2,190 words
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Page 30 Advertisements
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Advertisement1295 1991-03-26 30 |rottedam/J r VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP IE HAVRE ■BBS' KAMAKURA 16/311 26/3 12/4 14/4 17/4 18/4 jCQQ MONTE ROSA 12/312 31/3 17/4 19/4 22/4 23/4 I KASUGA I 14/112 1/4 21/4 19/4 18/4 I. AIL WESTBOUND P. ELBE 04/113 4/4 25/4 23/4 22/4 KELANC A PENAIM CARGO1,295 words
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Advertisement546 1991-03-26 30 ra DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 30/3 13/4 16/4 21/4 ALSO ACCEPTING CARCO VIA SUVA TO LAUTOKA PAGO PAGO APIA ft NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP CALLAO SAN (PERU) ANTONIO SEASPAC I 30/3 4/5 5/5 8/5 9/5 10/5 Agents •tiff# SINGAPORE: *****11546 words
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Advertisement1511 1991-03-26 30 WEMvwmASMA ajans. REGULAR INDEPENDENT FULL CONTAMER SERVICE wEsTß6und for EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA SAMANTHA 9103-3 26/03 15/04 16/04 20/04 21/04 22/04 23/04 24/04 25/04 NORASIA SUSAN 9104 3 02/04 22/04 23/04 27/04 28/04 29/04 30/04 01/051,511 words
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Page 31 Advertisements
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Advertisement2034 1991-03-26 31 SgSteniinni Maritime Holdings Ltd tE*~p&d I PnV STRAITS shipping! Containers BUS a*" ACCEPTS DUE SAILS Voy No Pen; PW S'poie Alg Sou Anl ffof MOg CARGO i2£!7?" 212 2225 1104 1404 iSS RAJAH BROOKE VOJE Muara Lab, KK In P. 17 Mar MG«B EXP 0590 23,03 25,03 30,03 20.04 21042,034 words
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Advertisement2110 1991-03-26 31 TO- USA/PAN AM A PM US A/PANAMA sf om tea cm fob sav no* nvc ntc nor sa» cm ica oak sc CMOTANG VICTOR* €F 110 10,4 U,4 lit* *4 11* 111 SIAN UH 1W JU 2,2 4;2 %2 1M »2 Ml SI«CAPO« HNATOA If 111 711 17/1 IM »42,110 words
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Advertisement385 1991-03-26 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS LOADING FOR YOKOHAMA NAGOYA AND OSAKA M.V. COSMIC CHALLENGER V 6 ETA SPORE 11/4/91 ETA PK 14/4/91 ETA OSAKA 26/4/91 ETA NAGOYA 28/4/91 ETA YOKOHAMA 30/4/91 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA385 words
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Page 32 Advertisements
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Advertisement793 1991-03-26 32 CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE WSI.VOY [SPORT I RDAMjADAM H BURG BRIMIN AN (MRP SRIWMAYA/31WB 9/4 J 11/5 17/5 22/5 26/5 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sublact to (nducamanl. Also accepting cargo to Casablanca. Port Said. Port Alexandria. Ganoa, Trlasta. AISO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO793 words
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Advertisement734 1991-03-26 32 '-SU M. HANJIN SHIPPING [FEEDER VSL SIN LINE HAUL LAX OAK S pote ILEH RTM ANR HAM BRV FEL HANJIN LEHAVRE 012E 14 H CHUNCMU 0/8E 29/4 2/5 111 114 1,4 164 16 J 1/4 184 HANJIN CHUNGMU 02IE 8/4 DIRECT 29/4 2/5 4 4 22 4 23 4 241734 words
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Advertisement1429 1991-03-26 32 I PKL SCP HUG KSC KIC PUS MKT OSK NCT SM7 TTO LA* CMS BAL NTC LMV ANW RD* IMP MBC PSO CMB PKL SCP* I E GROWTH RE 031 77/3 7*3 7/4 3/4 5/4 1/4 104 17/4 1314 14 4 15:4 254 15 10 5 17 5 71 51,429 words
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Page 33 Advertisements
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Advertisement1907 1991-03-26 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE *****19 USA SERVICE *****16 AUST/INOIA/PAK SERVICE-*****18 FAR EAST SERVICE *****48 TERMINAL OFFICE -*****22 DOCUMENTATION DEPT: *****44/*****14 CFS: K27 IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPUNE SDN BHD MALAYSIA K.L.-(03) *****33, P. Ketano-(03) *****87, P»n«na-(*****3170, J.Bahr\j-(07) *****3, *****41,907 words
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Advertisement987 1991-03-26 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND «SStIS VOYAGE |SPOBt [MANILA HKOWC VOVACt STOUt PKIAWC HBUOC B HAVtN TILBURY987 words
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Page 34 Advertisements
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Advertisement1627 1991-03-26 34 H. VP V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD ICR No 124U*****0M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 m I J MALAYSIA "K" LINE MARITIME (MALAYSIA) SON BHD Mi dk TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 mmH KAWASAKI KISEN KAISH'\, I TO. INDONESIA P. t. SARANALAUT INTERNUSA.TEI1,627 words
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Advertisement1215 1991-03-26 34 PHILI-ORI€NT LIN€S PTC LTD 108 ROBINSON ROAO #07 00 GMG BUILDING SINGAPORE 0106 TEL TELEX RS ***** PHILI FAX *****76-*****38 BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OE SINGAPORE FREIGHT FORWARDERS ASSOCIATION "hST 31 MAR MONTREAL, OTTAWA, ontari oo MAD MUSCAT BAHRAIN, ABU DHABI,1,215 words
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Page 35 Advertisements
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Advertisement1527 1991-03-26 35 pacific international lines (PTE) ltd J J PIL Building, 140 Cecil Street *0300, Singapore 0106. i Jakarta —I rßAwrear 3 Hottf 1 UI V IT] 3*3 KOT?e»*TAHO WO7 tm 30/) 1/4 131 28/3 30/3 2/4 aiftrMiiiTV 19AM 30/3 2/4 0/4 MEKHANIK KURAKO S4N 2S/3 30/3 4/4 «l ni nov iITV1,527 words
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Advertisement1056 1991-03-26 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL I VOY NOS I SPORE LEHAVRE ROTTERDAM S HAMPTON HAMBURG GOTHENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN CGM Paris' 076 30/3 20/4 22/4 Benavon 088 1/4 18/41,056 words
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Advertisement360 1991-03-26 35 \*rnm MYANMA WB* FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg HTONEYWA V264W 31/2 Apr MYOMAYWA VIMW 2* Apr 31/2 Apr THE BANK UNE (A service ol Andrew W*ir Shipping) SEMI-CONTAINER SERVICE \1 HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA 1360 words
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Page 38 Advertisements
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Advertisement695 1991-03-26 38 TO AUSTRALIA/NEW ZEALAND VSL [sin iFrtm |M*ib |Syd Uxck |NPt IP CHALM TNT EXPRESS M »/4 V 5 U/5 IT/S W/5 71 S ELLEN HUDIG 770 MS 176 Vft 2lt W BRUSSCL 771 U 10,-S 1W l»/» 7W 23 6 C VEROIME 272 loit 1W 2U ?U 3/7 6/7 TO695 words
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Advertisement1209 1991-03-26 38 EXPORTS TO HONGKONG. TAIWAN JAPAN "TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE fourBQUNP" VOY PKt PNC JKT SIN HKC KAO KEE TYO SMZ NGO HOB VtSStL VOY |SIN |PKL PNG BLW SIN *CX BOSt 11 30 3 "25 3 213 4 4 8 4 91 10 4 ACX JADE 40A 271,209 words
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Advertisement179 1991-03-26 38 R.T. UNITED SHIPPING "gr ORGANISATION LTD 4 omtcr Rtcuuß srimcis x JAKARTA SURABAYA* DIRECT REGULAR SERVICES TO JAKARTA SURABAYA ~jr Accept cargoes to all slktr ladaatilu yirtl with triMilpaiM at Jakarta «r tarakaya. DESTINATION ETA ETC VSL JAKARTA 31/3 1/4 P. KALIMANTAN a 4/4 5/4 P. SUMATERA 8/4 8/4 P.179 words
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Advertisement1400 1991-03-26 38 r te t m *m.# 4s 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TEL£X TE R L S SM? o ship 2, MISTRI ROAD. HMC BUILDING FAX: *****G6 #15 00, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: COSTAR SHIPPING PTE LTD TO HONOKONQ ANO CHMA1,400 words
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Page 39 Advertisements
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Advertisement853 1991-03-26 39 roc coHvwTKmArmvlc^^^^^^^^ v PKL PNC P C. Loading for A VESSEL 2MB Roittrdam/Antwerp CHINA rwx COWTAPtM lUVICT V«tMl SGP PKL BKK HKG QIN SHA YANGFANCKOU 147 02/04 03/04 0//04 12/04 11/04 YANGFANCKOU 14» 03/05 04/05 M/OS 13/05 19/05 Alto aooptinf otlwr chinn* portj >u HKG AWTKAUAN/PIPOHMIAW WIU CONTAINKK WVIOt Vmml853 words
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Advertisement266 1991-03-26 39 818 MIME AGENCIES (S| PTE LTD A TEL: *****33 (12 Linos) m FAX: *****15/*****03 00 TELEX: RS ***** RISHIP (3 Lino*) Pf\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA ILOADING FOR SPORE ABBA i WONZ ?BWB 10/06 DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASS266 words
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Advertisement744 1991-03-26 39 te>.P-T- maskapai pelayaran PapuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE ~VSL VOY SIN JKT RAJ SIN744 words
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Advertisement897 1991-03-26 39 SYDNEY/MELBOURNE BANGKOK VESSEL VOY S PORE SYO Mil |VESSEL VOY SINGAPORE BANGKOK PtANETA 0447 02 03/4 ISI6/4 18 70/4 JENLINK 48N Wed 27/3 Sat 30/3 PIYA BHUM 0503 14-15/4 17-191* 01 03/5 NANTA BHUM 34N Wed 27/3 Sat 30/3 PtAWtTA 17JI/S 20-22/5 SIRI BHUM# 478N Sat 30/3 Wed 3/4 WANA897 words
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Advertisement1299 1991-03-26 40 'm. m MAC-NELS Singapore EXPORT TIL: *****22 IMPORT TEL *****02 PENANG TEL (04) *****6 KK TEL: (088) *****0 TAWAU TEL (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 l~lVv I J BAHRU TEL (07) *****2 SIBU TEL (084) *****2 SAHIKEI TEL (084) *****81,299 words
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Advertisement405 1991-03-26 40 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FUI.LY CONTAINEKISKD MONTHLY SAILINGS niSCHARCING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON, BLUFF. CIIRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI ANI) TAHITI SIN N PIY AUCK LYT PREMIER lIS 6 Apr 11 Apr Via NPI 20 Apr405 words
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Advertisement1045 1991-03-26 40 /STI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH vessel Ivor In* liest tuta wet* jm KIM SOON LI 11/91E 30 MAR1,045 words
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Page 41 Advertisements
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Advertisement22 1991-03-26 41 tDJJ JLBA&J SINGAPORE to MALDIVES fkEWIDM issssksr" MM M HMM SINGAPORE to SRI LANKA COMMENCED IST DECEMBER For enquiries CALL 322 750522 words
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Page 42 Advertisements
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Advertisement23 1991-03-26 42 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT. Read Chartpoint in BT every Saturday23 words
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Page 43 Miscellaneous
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Miscellaneous450 1991-03-26 43 TIDES AND WEATHER TODAYS TIDES (hqflit in metres) HOIIt 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 JR 16 15 15 16 1.7 20 22 25 26 25 2 3 19 15 1 1450 words
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Page 44 Advertisements
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Advertisement375 1991-03-26 44 CHARTPOINT Every Saturday in Business Times PT. PELAYARAN. SAMUDRA AGUNG KUALA SIAK IV 27/3 BATU AMPAR/SEKUPANG/BATAM TSS 01 2/4 DUMAI/PEKAN BARU ABADI JAVA 5/4 DUMAI/PEKAN BARU KUALA SIAK V 30/3 BALIKPAPAN/SAMARINDA SENGGATA (TG. BARA) 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo375 words
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Advertisement687 1991-03-26 44 Mk HYU N D/VI MEBCHAMT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VQY LBH OAK SEA HKG SIN HYUNDAI PIONEER U 22/4 25/4 28,-4 V£ HYUNDAI "0""" J'j g iai alunia 2QF ft 4 1114 29/4 2/5687 words
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Advertisement634 1991-03-26 44 CHARTPOINT Every Saturday in Business Times FMtfef from I Voy PHCI PHI Mother Vesul Wo* SIN t*X OA* HOU o*l CHI/ NOR Mf" NYC OUR USA CCRV/IPF PAI I C AM BHUM V l/IN S! ALLIGATOR VICTOR* Vitfil 14 204 22 4 23,1 231 711 21« 214 2M tn ,V/L--AKA634 words
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Page 45 Advertisements
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Advertisement236 1991-03-26 45 /y i ■< *f a i.: rf A-'' uV-t-X-f Ih T% ■t 83 v wc V i <( I /Lv >• > .'"Tf 1 *-> ,*r»r --"I "-jsinr±E3C^X U- t Ju^Hßf^MrfF t > *H&£4i^H L /■SpSii^^^B 2 1 -^*EJl*~:"jM^^^^M isai I^M«HKI9raHi BF "w The Ocean Becomes Smaller In 1991, Hanjin236 words
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Advertisement234 1991-03-26 45 ■i jvuute Buoyant conditions The container trade is now undergoing a metamorphosis as a result of reorganisation and rationalisation among industry players Page 2 Good growth in M»-air The sea-air mode of transporting cargo has good potential for growth. COSAC has predicted sea-air cargo to grow by another 10-12 percent234 words
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Article, Illustration1275 1991-03-26 46 Teo Yak Long - What's on the horizon for the container trade? Teo Yak Long takes stock of the past year and offers some answers Teo Yak Long The writer is the NOL director of liner division Last year was, in general, a moderate one for liner shipping.1,275 words
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Page 46 Advertisements
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Advertisement104 1991-03-26 46 HWi Compßments Of THONG SOON GROUP OF COMPANIES Thong Soon Lines Pte Ltd Thong Soon Shipping Pte Ltd Thong Soon Navigation Pte Ltd Transea Trading Pte Ltd Thong Hiap Watch Pte Ltd Thong Soon Investment Pte Ltd Holden Trading Co. Pte Ltd Gatsby (M) Sdn Bhd Mandom Corporation (M) Sdn104 words
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Article, Illustration637 1991-03-26 47 Selva Kumar - Medium-term prospects for bulk shipping look good, despite possible overtonnaging. Selva Kumai gathers views from the industry Selva Kumar The writer is a Business Times journalist LIKE THE rest of the shipping industry, the bulk shipping sector has experienced several peaks and troughs over637 words
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522 1991-03-26 47 Brian Wright - Brian Wright looks at the regional shipping industry and its growth over the next few years Brian Wright The writer is marketing manager (SEA) of Nedlloyd Lines BORNE by the booming South-east Asian economies, the regional shipping industry has never looked so good. Shippers and522 words
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Page 47 Advertisements
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Advertisement102 1991-03-26 47 pAHtff WIHiAIfI flflH Smce the inauguration of its n^s[Js ensive inland service, around the world. And the advanced EDP systems, and our specially trained TOwunthes 6008 8 M have a Door-to-door means that the seven-pointed This may be why Maersk Line is the befoundalsoon trucks, chassis, railcars, containers, preferred transportation102 words
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Article, Illustration867 1991-03-26 48 Jan Engelhardtsen - Jan Engelhardtsen on the passage of chemical carriers Jan Engelhardtsen The writer is general manager of Stolt-Nielsen S'pore Pte Ltd Today, for ships of more than 10,000 deadweight tonnes (dwt), only 6.25 per cent of total tonnage is on order at yards compared with a high of 34867 words
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517 1991-03-26 48 Peter Upton - By Peter Upton The writer is chief operating officer of Chuan Hup Agencies SOUTH-EAST ASIA'S offshore support vessel industry is currently buoyant and the prognosis for the future is bright. Many countries in the region now have active offshore drilling exploration programmes and offshore517 words
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Page 48 Advertisements
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Advertisement287 1991-03-26 48 rRIFUGE i viiruyiEi -controlvysterer V H. M B> Oust, condensation water, decomposition products. Before separation, water is suppNed to the bowl, fine and residues from combustion cause premature When product is fed, the water is dtoplaced to the aging of lube oils in diesel engine power plants, outersoldsspace. Thus the287 words
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Advertisement127 1991-03-26 48 RHB^H *J® NLS Is Going Vbur Way. As one of the biggest, most experienced liner operators in the business, Nippon Liner System moving materials the world needs every minute of r?S*2\ x everyday. '¥\~>§ rf When our worldwide fleet isn't moving x containers port-to-port, our intermodular a services are moving127 words
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Article, Illustration865 1991-03-26 49 Lim Soon Neo - Cheaper than air freighting and faster than sea transhipment, the sea-air mode of transporting cargo has good potential for growth. Lim Soon Neo reports Lim Soon Neo The writer is a Business Times journalist The volume of sea-air cargo moving through Singapore, which has865 words
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Page 49 Advertisements
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Advertisement54 1991-03-26 49 (SING"APOR^?TE^SD 24 CHIA PING ROAD SINGAPORE 2261 y Ttcngy JflßrlV TEL: *****55 FAX:*****43, *****74 HHH HI HBIIHPH PWWPI PPWI jng SERVICE KAWATETSU STOCKIST FOR: Ultrasonic Thickness Flashlights ■111 COTTON RAGS MIURA CO., LTD FLEXOTUBE-TRIDENT From Holland Marine Division Descaling Machine SCUTTLE SACKS Biodegradable Paper V. AGENT FOR: STOCKIST Bags f.54 words
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Article, Illustration713 1991-03-26 50 Henry Chua - Henry Chua takes a look at some of the vital issues forwarders here, whether local or foreign, will have to deal with in the next few years Henry Chua Ihe writer is the senior vice-president (corporate division) ofh'reif(ht I.inks Express FACED with a highly competitive market, freight713 words
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Article455 1991-03-26 50 Ong Kok Wah - Ong Kok Wah explains the role of the Singapore National Shipping Association Ong Kok Wah The writer is the secretary-general of the Singapore National Shipping Association BEFORE the formation of the Singapore National Shipping Association (SNSA) in January 1985. the interests of shipping agents, shipowners,455 words
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Page 50 Advertisements
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Advertisement80 1991-03-26 50 "K" LINE —How Em Faster i|H «il^ B II I You need a total system to offer the fastest, most r-\ HB jfe reliable shipping service. One that integrates 'Afa. .W9r quality and flexibility. Beach. Vessels capacity expanded. That even greater flexQj? K kisen KAISHA( LTD Heart Office Tokyo Japan80 words
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Advertisement237 1991-03-26 50 The people to see before you rake to the sea. For CHARTS. For INSTRUMENT Complete worldwide coverage of British REPAIR* Admiralty charts and publications available Gwn |nsmimem Repair Workshop on for supply 7 days a week. Daily c art premises. Sextants, Barometers Pressure correction service Also officially appointed Gauges repaired237 words
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Article, Illustration894 1991-03-26 51 Bjorn Ostrom - Demand for shipfinancing in the nineties will breach the US$2OO billion mark, writes Bjorn Ostrom (below). He looks at the various sources of funds for the carriers Bjorn Ostrom The writer is the first vice-president. C 'hristiania Hank (Singapore) FOR ship financing,894 words
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Article, Illustration656 1991-03-26 51 Chris Jones - Chris Jones traces the growth of the local shipbroking industry and explains why the Republic is likely to emerge as a leader in Asia Chris Jones The writer is the managing director of Stewarlond Sea Services Pte Ltd (S) SO, you're going to656 words
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Page 51 Advertisements
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Advertisement68 1991-03-26 51 [scE> REGIONAL CONTAINER LINES Leader in Regional Container Shipping Today, Regional Container Lines (RCL) is a leading containership owner operator in the Region, providing a feeder network to serve the main ports of South East Asia, Indian sub-continent, Hong Kong, Taiwan and Australia with a fleet of specialised and high68 words
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Advertisement72 1991-03-26 51 Big Enough To Handle It With a 15 million ton fleet of over 200 vessels, Navix Line is one of the largest and most versatile sea based transporters of the world's natural resources. No matter what the load, we have what it takes to handle it. IV NAVIX UNE Head72 words
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Article, Illustration992 1991-03-26 52 Seah Khen Hee - Conducive market conditions have contributed to a booming bunker industry in Singapore. Seah Khen Hee discusses the needs of the industry that have to be looked into if Singapore is to maintain its position as the world's top bunkering port Seah Khen Hee The992 words
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Article515 1991-03-26 52 Lim Kim Cheng - A vital link in the shipping chain is the ship supplier, wno provides nearly everything a vessel needs. lim Kim Cheng takes a look at the fiercely competitive $500 million snip supply industry Lim Kim Cheng The writer is the managing director of Shin Tai Ho515 words
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Page 52 Advertisements
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Advertisement197 1991-03-26 52 Vr I nWI Ik L "w jgM, jg Hf ITI 'riflMiMfi V~ "^3Brat:i'' Romance is one of NYK's newest ventures. If ever a ship could make a traveler's dream come true with refinements for gratifying comfort, it is our new luxury ship Crystal Harmony. The menus, the facilities, and the197 words
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Article, Illustration1631 1991-03-26 53 Ian Lancaster - There has been a shift in focus in the insurance industry recently, following rising business cost and falling rates, [an Lancaster provides the updates on what is in store for the unwary Ian Lancaster The writer is managing director of Citicorp Insurance Brokers EVENTS1,631 words
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Page 53 Advertisements
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Advertisement96 1991-03-26 53 Our facilities are second to none in the region with 4000 dwt to 400,000 dwt. Our yards are manned by an experienced, dedicated workforce trained to cater to all With our total commitment to service excellence, you can depend on us for quality, reliability and timely WrTFUmBS&iM delivery. B Keppel96 words
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Article, Illustration997 1991-03-26 54 Mohammad Shahid Hamid - Oil spills have generated great concern because of their long-term harmful effects on sea and coastal life. But such spills can be contained, reports Mohammad Shahid Hamid Mohammad Shahid Hamid The writer is marketing analyst of Chemitreat Pte Ltd IN THE past couple of997 words
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Page 54 Advertisements
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Advertisement134 1991-03-26 54 HsssP^ JUST WHAT THE MNCs NEED Peace of mind that's what you'll get when you leave your cargo with Summit Transportation Warehousing. Backed by experience expertise, you know your cargo is in safe hands. After all, we have gained professional recognition as a company that offers efficiency, ingenuity reliability. No134 words
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Advertisement139 1991-03-26 54 Coming or Going INTRODUCING MOL'S NEW EURO-ASIA SERVICE What happens when you ask one of the world s largest shipping companies for new service? You get it Introducing Mitsui O.S.K. Line's new Euro-Asia service Starting this month, we offer fixed day calls and twice weekly coverage of all major ports,139 words
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Article, Illustration1215 1991-03-26 55 Abel Dutilh - Dark clouds loom over the horizon for the salvage industry. Abel Dutilh looks at how the present can be salvaged to ensure better times ahead Abel Dutilh The writer is managing director of Smit Tak Towage Salvage (S) Pte Ltd Singapore's strategic location at1,215 words
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Page 55 Advertisements
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Advertisement145 1991-03-26 55 GROUP OF COMPANIES j4Nß|| x-v-->Br H <Bbt X |J|r p ?^K. SINGAPORE HEAD OFRCE: ACCORD SHIPPING PTE LTD TEL: *****56 (24 LINES) FAX: *****46,*****72, *****24 TLX: RS ***** ACCORD ACCORD CONTAINER LINE (S) PTE LTD ACCORD CONTAINER LINE (USA) INC. (SINGAPORE)-TEL: *****31 /*****76 FAX: *****21 (LOS ANGELES) TEL (213) *****10145 words
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Advertisement103 1991-03-26 55 The world as we see it. After many years in shipping, the world takes on a different perspective. Oceans become smaller; distances shorter.... At Neptune Agencies, a wholly owned subsidiary of Neptune Orient Lines Limited, we deliver shipments to any part of the world on time, without fail. We serve103 words
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Article, Illustration953 1991-03-26 56 Tan Mong Seng - Singapore is the premier shiprepair centre in Asia. What are the reasons for its good reputation? How can the shiprepair industry continue to achieve greater growth in the future? Tan Mong Seng has the answers Tan Mong Seng The writer is managing director of953 words
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Article470 1991-03-26 56 Dimitir Caplygin - Dimitir Caplygin on the pros and cons of producing containers here Dimitir Caplygin iie writer is managing director of Seacotd Technologies GENERAL PURPOSE (OP) containers can be built at relatively low capital costs and using a high percentage of unskilled labour. Material cost, which forms the largest470 words
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Page 56 Advertisements
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Advertisement92 1991-03-26 56 s iF r A C+> r j +<Jj V•> v y' 7 i A; y fy For outstanding service across sea and iand i I Hipwp I Door to Door full container services Land Transportation Feeder Services to outports Coastal and river barge services Double-stack liner trains Mini-land bridge Micro-land92 words
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Advertisement88 1991-03-26 56 SSWEE NENG METAL CO PTE LTD 13, Tuas Avenue 14, Singapore 2263 Telex RS ***** SHMCPL Tel s 861 5555 (slines) Telefax 861 *****^^^^^^^ Warehouse Truck t w I Eivpty Container II II II I WWKMH Handier rg\\*jD pW^J l.if^ruckWSLFork Full range of Forklifts from 1 tonne- -50 tonnes SojeAgejj^^88 words
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Article, Illustration780 1991-03-26 57 Choo Chiau Beng - After surviving the recession of the mid-1980s and the recent Gulf turmoil, Singapore's ship and rig builders are set to sail full steam ahead, says Choo Chiau Beng Choo Chiau Beng The writer is president of ASMI and managing director of FELS Singapore's marine industry780 words
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Page 57 Advertisements
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Advertisement113 1991-03-26 57 EURO BOX ONE SERVICE TO AND FROM BRAZILIAN PORTS AND BUENOS AIRES AGENTS: Malaysia EUROBOX LINE AGENCIES SINGAPORE SDN BHD EUROBOX UNE 32-3(2/F)Jalan 14/22 ***** Petalinq jaya AGENCIES PTE LTD. Malaysia *****13 Fax: ***** 15 McCallum Street #09-02 PHIUPPINES Singapore 0106 MEISTER TRANSPORT WC. Tel: *****31 Tlx: ***** Fax: *****37113 words
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Advertisement43 1991-03-26 57 Sea VL Land THE TOTAL TRANSPORTATION SYSTEM i. r ..,<, wJ I I 1 mW 'V»r-,jp—*-,• r'r—-tT-fi,r^' 1' K'*. M 0 I Willi I aBE &9 feM >■ *Tl* /ff^\ CUSTOMER Vsy^ SEA-LAND BELIEVES ITS BUSINESS IS THE IDENIIFICATION, RECOGNITION AND SATISFACnON OF CUSTOMER NEEDS43 words
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Article, Illustration580 1991-03-26 58 Rahita Elias - Fort developments in South-east Asia SINGAPORE: Rahita Elias outlines PSA's upgrading moves Rahita Elias The writer is a Business Times journalist THE PORT of Singapore Authority, not content to rest on its laurels, is going all-out to develop the country's port facilities in anticipation of further strong580 words
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Advertisement175 1991-03-26 58 freight links express DISTRIPARK lie"» 0 Uk *MQr **^^11 MODERN DISTRIPARK THAT INCORPORATES TOTAL SERVICE I——l L>,.«, .Jn 1 3-Storey warehouse complex incorporating l evc offices with excellent container yard Strategically located within the Jurong East Easy access to PIE AYE and Jurong East ill Total lettable area of 175,175 words
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Advertisement60 1991-03-26 58 COSTAR General Agents GOSCO Container Liner Services AM the right connections throughout the world FROM SINGAPORE TO s China i Mediterranean Midd|e East Eurorte i i The Americans Far East i i I Australia x For enquiries call: Costar Shipping Pte Ltd 2 Mistri Road, #15-00 HMC Building Singapore 020760 words
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Article, Illustration730 1991-03-26 59 James Shyong - MALAYSIA: James Shyong, reporting from Kuala Lumpur, zooms in on major projects underway at the various ports James Shyong I he writer eonirihuies regularly to Hn\ine\\ limes D RIVEN by the strong growth of sea cargo traffic in Malaysia, several port expansion projects have been mapped out.730 words
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Article411 1991-03-26 59 T G Tan - THAILAND: T G Tan on NOL's private container port terminal in Bangkok T G Tan The writer is the chief executive officer of liara Shipping Agencies ('<> I.id IN THE last few years, Thailand's economy has grown by leaps and bounds, gaining the admiration of the international411 words
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Article652 1991-03-26 59 Al Labita Jr - PHILIPPINES: A 1 Labita Jr, reporting from Manila, observes a quickening pace Al Labita Jr The writer, based in Manila, contributes regularly to Business Times ASIA's anticipated surge in sea cargo traffic in the 1990s has spurred the Philippines to "fast track" its port projects. Heading the652 words
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Page 59 Advertisements
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Advertisement147 1991-03-26 59 GtihifM *S tfeehnflii hn mis-fttiflife At Tan Chong, we have a wide range of Nissan trucks for and hauling operations' needs. With the -—6 hallmarks of the renowned Nissan technology H and world standard quality, these machines are H H■ II iiiiin not only reliable, but also bear features that147 words
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Article, Illustration689 1991-03-26 60 Francis Toh - Francis Toh discusses the new range of distribution services for the 1990s Francis Toh The writer is distribution services manager. CW7 AS SINGAPORE consolidates its position as a regional distribution centre, demand for warehouse space continues to be buoyant. This is due to efforts689 words
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613 1991-03-26 60 Manjit Singh - The Keppel Distripark has plenty to offer, writes Manjit Singh Manjit Singh ihe writer is manager (Keppel Dislripark). Port of Singapore A uthority OCCUPANCY rates for Singapore's warehousing industry soared from 77 per cent in 1986 to hit 95 per cent in the613 words
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Page 60 Advertisements
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Advertisement232 1991-03-26 60 Index-Cool Group Singapore The Index-Cool Group of Companies with a global network of representative offices in 24 countries is an established shiprepairing concern offering comprehensive afloat ship repairs and specialised services Comprehensive afloat repairs Voyage repairs Installation and repairs of air conditioning cold room and refrigeration systems Installation and maintenance232 words
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Advertisement153 1991-03-26 60 AVOID TROUBLED WATERS! USE INSTANT MARINE CREDIT INFORMATION ECS MARINE AUTOFAX (UK) I SERVICES INCLUDE: 1. CREDIT REPORTS 2. CHARTERING REPORTS. 3; PAYMENT INDEX 4. VESSEL TRACKING For FREE DEMONSTRATION PACKAGE i. Call: CHER MANAGEMENT SERVICES PTE LTD (Sole Agent for ECS Marine for the Asia Pacific Region) 10 Anson153 words
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Article, Illustration832 1991-03-26 61 Soo Fook Seng - Sumptuous food, splendid views, karaoke singing and the sea breeze ruffling the hair local cruises offer all these ana more. Still, more can be done to tap the potentially huge market, says Soo Fook Seng Soo Fook Seng The writer is vice-presi-dent of JAN832 words
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Page 61 Advertisements
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Advertisement284 1991-03-26 61 HOW THIS SEMfAUTO TWISTLOCK CAN SA/E YOU *****1111!! 11!! *****1! I!! ||I I II j *****1 W 1 1 j 1 BREAK LOAD SHEAR >40 ton COMPRESSION >100 ton FORGED HOUSE SHAFT y Mf/.TJ J I hot dip galvanised W AV 11 J[H ln f L f J 11 BLt284 words
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Article, Illustration732 1991-03-26 62 Lars Sjogren - What does it take for a country like Singapore to become a ship management centre? How much does geography got to do with it? Do super wages have to go hand in hand with super skills? tars Sjogren provides the answers Lars Sjogren The writer732 words
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Article, Illustration357 1991-03-26 62 Richard Chang - Richard Chang explains why S'pore is Sea-Land's regional hub Richard Chang The writer is country manager, Singapore for Sea-Land's Pacific division THE booming economies of Singapore and its South-east Asian neighbours Malaysia, Indonesia and Thailand present a whole range of exciting opportunities for shipping companies.357 words
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Page 62 Advertisements
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Advertisement48 1991-03-26 62 jD IF YOU ARE CONSIDERING A SINGAPORE-REGISTERED VESSEL... WE'LL FLOAT YOU A BETTER LOAN. So navigate your vessel, be it a tug boat, barge, coastal vessel or even a landing craft to anchor at Great Pacific Finance. CALL:224-8068 GREAT PACIFIC FINANCE *¥$£111 O A subsidiary of oas bank48 words
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Advertisement80 1991-03-26 62 wi» www ■■■■■i mmm mmmt Wmi Gompumenis Fdom OT.S.K. LINE TOKYO SENPAKU KAISHA, LTD. ACX SERVICE (Asia Container Express) Callmg Singapore, Japan, Taiwan, Hongkong, Jakarta, Port Kelang TWICE-WEEKLY SAILINGS FROM SINGAPORE MSS (Malacca StßAns Service) Callmg Singapore, Port Kelang, Penang, Belawan TWICE-WEEKLY SAILINGS FROM SINGAPORE ALSO CALLING SEMARANG/SURABAYA Service to80 words
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Article, Illustration699 1991-03-26 63 Richard K T Fong - Inmarsat-C is taking satellite services into a new era, writes Richard K T Fong Richard K T Fong The writer is vice-president, Mobile Communications Group, Singapore Telecom Mobile communications is growing tremendously in a world which is becoming a global village. Today, portable, lightweightSource: Singapore Telecom - 699 words
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Article, Illustration424 1991-03-26 63 Singapore Network Services discusses a new way of doing business Developed and implemented by Singapore Network Services Ptc Ltd (SNS), Trade Net is an electronic storc-and-retrieve messaging system which enables different computer systems to communicate with each other, thus solving the problems of424 words
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Page 63 Advertisements
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Advertisement19 1991-03-26 63 KG U I D E I HB Cargo Guide A directory on: Aircargo Freight Forwarding Airlines Shipping Courier »Warehouse19 words
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Advertisement110 1991-03-26 63 H£l fI r fil^HH^^HHrP --jjkJ«Jy v KIHeiEHI^^HJ I^W HBBm J f jBH WK 4. NJB m I Our High-rack Section Cwt DistriPark Put new meaning to Storage and Transportation Wf «rAt CWT DistriPark, we handle goods in many excellent ways. Our latest f handling facilities and 66,000 sq m of110 words
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Article, Illustration905 1991-03-26 64 Teh Kong Leong - Singapore's key to becoming a total maritime centre lies in the presence of a large shipowners' base. To this end, the Singapore Registry of Ships plays an important role. Teh Kong Leong hignlights the advantages offered by the registry Teh Kong Leong The905 words
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Page 64 Advertisements
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Advertisement61 1991-03-26 64 H I With Singapore Airlines Swiftrider your cargo need arrive just 2 hours* before the scheduled time of departure. Late close-out time, priority handling and early delivery' mean your cargo gets to enjoy speedier, even more reliable service. From Airport to Airport. City to City. Contact your local Singapore Airlines61 words
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