The Business Times, 18 August 1995
1995-08-18
1
44
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The Business Times
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Title Section13 1995-08-18 1 SINGAPORE Business Times WE KNOW ASIA MITA(P) 194/12/94 Friday August 18 1995 85*13 words
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Article66 1995-08-18 1 Reuter NEW YORK A soft bond market and more selling in multinational stocks yesterday kept the Dow Jones index weak but the Nasdaq index moved further into record ground as investors sought out small and medium cap stocks. At 2pm EDT, the Dow fell 6.69 pointsReuter - 66 words
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Article167 1995-08-18 1 Stock market indices Thursday Change STII 2,075.57 +22.34 KLSE Comp 1,019.94 -8.36 Nikkei 18,149.70 -9.03 Hang Seng 8,896.66 -88.39 SET Index 1,340.52 30.88 Jakarta Comp closed Manila Comp 2,828.60 -16.62 Taipei WPI 4,825.78 +33.39 Seoul Comp 902.82 -1.62 Bombay BSE30 ..3,444.33 +18.51 CLSA China B 858.79 -1.30 Aust All Ord167 words
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Article, Illustration567 1995-08-18 1 Claire Leow - New product promises to bring three-dimensional games to PCs From Claire Leow in SAN FRANCISCO CREATIVE Technology shares soared 37 per cent yesterday to a four-month high of S$ 15.50 on the Singapore stock exchange, propelled by favourable response to theSource: Bridge Info - 567 words
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433 1995-08-18 1 Lilian Ang - Lilian Ang SINGAPORE The government plans to sell nearly 20 residential sites with room for more than 3,000 homes next month in a massive exercise that will provide a further indicator of sentiment in the private housing market. These433 words
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176 1995-08-18 1 Reuter AFP AP NEW YORK The dollar dropped slightly here early yesterday on news of a worse-than-expcctcd US trade dcficit for June, which had similarly dampened market ardour in London earlier. At 2 pm EDT, the greenback was tradingReuter; AFP; AP - 176 words
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629 1995-08-18 1 Anthony Rowley - Change in fundamentals underpins greenback's strength, says Anthony Rowley in Tokyo Anthony Rowley THE SWIFTNESS of the US dollar's dramatic rise against the yen and the scale and suddenness of the recovery in Tokyo stock prices raise obvious questions over whether both represent the629 words
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274 1995-08-18 1 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR THERE will be a general offer after all for Sesdaq-listed Horiguchi Engineering Co at SSI a share, which values the engineering service company at $30.85 million, or at a high historical274 words
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320 1995-08-18 1 Rahita Elias - By Rahita Elias SINGAPORE Investors wishing for a rebound in the marine sector will need the patience of the protagonist in Ernest Hemingway's The Old Man and The Sea. Analysts generally agree that the Big Three local yards' attempt to lift earnings is320 words
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Advertisement236 1995-08-18 1 M W BT Online Look us up at httpc// wwwjnnlxooLsa/biztnies Svm Htm U yporHTsa 15,16 tapoml News M finad 18.19 WorW New 14 W||)|||[ rm m ChIMISE.SES.222* 13 rn-u rt EM 12 Canaan 18 TVAiMyte 11 Sma/Camn _.1«,19 Mtoatpin U 1800-*****77 Fx *****75 BT NmM Id *****18 Fa *****71 Ml236 words
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Advertisement23 1995-08-18 1 Advertising: pg 13 Putting back fizz in cola market Compaq cuts prices to get headstart in Windows 95 PC buying spree, Pg 1723 words
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Advertisement29 1995-08-18 1 Hock Lock Siew: Pg 15 Bad moves may trap Wharf in ebb tide Laid sales overtake income tax in receipts, Pg 2 Rubin: US committed to strong Pg 1429 words
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Advertisement95 1995-08-18 1 Bottom LinfC^fu Boosting JiMrta Aoet/pxch^^ Sesdaq stocks hit year's high SINGAPORE Sesdaq slocks sparkled yesterday as investors seeking an alternative to Clok stocks seat the UOB Sesdaq Index soaring 4.01 points or more than 4 per cent to a year's high of 94.9. Volume soared from the previous day's 56.595 words
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Advertisement24 1995-08-18 1 GROUP TRANSPORTATION fir WAREHOUSING SPECIAUST SINCE 1955 YOUR PARTNER IN TOTAL LOGISTICS CALL: 862-2828 (20 FAX: 861-6366 Horiguchi's interim loss grows to 1.36 m24 words
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Advertisement8 1995-08-18 1 Sembawang profit dives 28% to $29m, Pg IS8 words
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SINGAPORE NEWS
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EYE on the ECONOMY
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Article, Illustration289 1995-08-18 2 Genevieve Cua - By Genevieve Cua MANUFACTURING activity stepped up in June with a year-on-year output growth of 10.3 per cent, the strongest monthly increase in the second quarter. Manufacturing output rose 4.7 per cent in April and 7.3 per cent in May. Even with June's strong performance,Source: EDO - 289 words
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Article, Illustration402 1995-08-18 2 Jenny Lam - Cheng sentenced to six months jail and fined $15,800 on drug and obscene material charges B* Jenny Lam SINGAPORFs hottest nightspot Zouk Discotheque has been sold by Lincoln Cheng to Shaw Vee King, chairman of Shaw Organisation. The sale was announced402 words
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399 1995-08-18 2 Siow Li Sen - By Siow Li Sen SINGAPORE Petrochemical prices are expected to start recovering in September after a free-fall in the past two or three months. Demand is picking up and excess supply has been absorbed, traders here say. Several primary petrochemical suppliers in399 words
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Article, Illustration357 1995-08-18 2 Chunang Peck Ming - By Chunang Peck Ming LAND SALES overtook income tax as the biggest contributor to the government purse in the year ending March 1995. Receipts from land sales jumped 59.4 per cent from the previous year to $8.7 billion, says the Report of theSource: Report of Auditor - 357 words
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Article, Illustration380 1995-08-18 3 Paul Leo - By Paul Leo ÜBS East Asia is pushing ahead with expansion plans, despite a slide in the earnings of its Singapore branch last year. ÜBS East Asia executive vice-president and chief executive Lira Ho Kee said yesterday there380 words
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636 1995-08-18 3 Catherine Ong - But if things go awry, the bank can fall back on its Zurich parent, says Catherine Ong Catherine Ong UNION Bank of Switzerland's expansionist strategy in East Asia, despite two lousy years which saw sharp falls in earnings, may well be the636 words
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256 1995-08-18 3 A LARGE unlisted Singapore property company is paying about Asllo million (Ssl 14 million) for the Brisbane Hilton and the adjoining Wintergarden retail complex. The deal, believed to be Brisbane's biggest property sale in six years, was brokered by Richard Ellis, whose256 words
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Page 2 Advertisements
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Advertisement37 1995-08-18 2 The sign of excellence >- v: r i v o'i .v frSfgfry H9Rn M, P? j cTor cJI 733 8333 >r* Zif3 Park View Singapore I 1 Cavenagh/Or chard Road, Singapore 0922. Tel: 733 8333 Telefax: 734 459337 words
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Advertisement176 1995-08-18 2 MO'kt I'fWPN' J U*fT DRIVING ii wn n I IT'S AN EXPERIENCE^ It's the spirit of everything you cherish about for in a set of wheels. Flashy Giugiaro styling. freedom on the open road. The gentle warmth of Electrically-operated hood. Easy reach controls. Intimacy sunshine over your head. The wild176 words
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Page 3 Advertisements
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Advertisement266 1995-08-18 3 a// S7nc><as/men/s cltc Gi~e<z/ecf dyt/a/ '•I i For sale individually or as one B y TOWER 1 II Imlj Iflia/ltiiil/ Capifeki f IvtltttlCi In lilttMi 11W EmST,., 1253.K1.711M A fvtkni Pries IZ »f SMfIM CT/^^^ari/cincfGenlns 51-63 Shortland Street, Auckland, New Zealand For more information contact: Jones Lang Wooaon? CotorM Phone266 words
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SOUTH-EAST ASIA
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324 1995-08-18 4 Bernama KUALA LUMPUR About 40 memos of understanding for projects including the US$2 billion (SS2.B billion) Pulau Pi-nang-Songhkla land bridge have been signed over two years under the Indonesia-Malaysia-Thailand Growth Triangle. Malaysia's economic adviser Daim Zainuddin told an Armed Forces Staff College's DinersBernama - 324 words
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Article, Illustration267 1995-08-18 4 But he says his call is not tantamount to making party undemocratic AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad called explicitly yesterday for his economic adviser Daim Zainuddin to be retained as a leader of the ruling party in the premier's homeAFP - 267 words
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190 1995-08-18 4 Reuter KUALA LUMPUR Malaysia will cut its university courses to three years from four to bring young people into jobs faster in an unprecedented move to ease labour shortages. Human Resources Minister Lim Ah Lek yesterday said the move,Reuter - 190 words
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354 1995-08-18 4 Reuter KUALA LUMPUR A Malaysian green group said yesterday that the Bakun hydro-dcc-tric dam, which will be one of the world's biggest when it is built in 10 years, appeared wasteful despite new government assurances of its viability. Energy Minister Leo Moggie toldReuter - 354 words
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69 1995-08-18 4 AFP KUALA LUMPUR Malaysia has frozen cellular telephone permits to curt) excessive competition after licensing eight companies to provide telecommunication services in the country. "No more licences will be issued and the government will new encourage some of them to merge, to curb unhealthy rivalry,"AFP - 69 words
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106 1995-08-18 4 AP KUALA LUMPUR Prime Minister Mahathir Mohamad said yesterday his government will not appeal against the US move to end trade privileges Malaysia now enjoys as a developing country. "We do not want obligations", and Malaysia would And new markets, he told reporters.AP - 106 words
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89 1995-08-18 4 Bernama HANOI Vietnam and Malaysia are to formalise the establishment of a joint commission on economic, scientific and technical cooperation next month, the Foreign Ministry said yesterday. Both sides would also sign a double-taxation avoidance agreement when the minister, Nguyen Manh Cam, visits Kuala LumpurBernama - 89 words
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107 1995-08-18 4 AP JAKARTA An Australian Embassy spokesman expressed regret yesterday over the burning of an Indonesian flag by East Timorese protesters in Darwin, but said it was not an illegal act. "We deeply regret that this happened... But we do have to reiterate that theAP - 107 words
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Article104 1995-08-18 4 AP BANGKOK Prime Minister Banharn Silpa-archa has called for stiffer penalties for illegal amphetamine dealers, a government spokesman said yesterday. Addiction to the stimulant drug is a growing problem in Thailand, particularly among young people. Mr Banharn, speaking at a meeting of the Police Department,AP - 104 words
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433 1995-08-18 5 AFP Reuter MANILA President Fidel Ramos' programme to create one million new jobs every year will not stem the Philippines' growing unemployment problem, the International Labour Organisation's (ILO) regional director said yesterday. ILO director Richard Szal said that even if the governmentAFP; Reuter - 433 words
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399 1995-08-18 5 Bloomberg Business News MANILA The Philippines 1 trade deficit swelled 5.1 per cent in the first half of the year to U554,325 billion (Ss6.l billion) as imports of electronics components surged to feed a booming assembly industry. In the sameBloomberg Business News - 399 words
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119 1995-08-18 5 AFP MANILA The Philippine government yesterday launched an appeal to stop panic buying of rice and sugar in Manila after poor harvests caused shortages. "Panic buying will only worsen the problem for it will trigger artificial soaring of demand,** said Trade Undersecretary CesarAFP - 119 words
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Article, Illustration35 1995-08-18 5 Reuter MANILA A Filipino student sqairting red paint on the Indonesian embassy seal daring a protest rally in the Makati district yesterday. The protesters were denouncing the Indonesian occnpation of Timor. RenterReuter - 35 words
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328 1995-08-18 5 AFP HANOI Vietnam is to tighten control over the pirating of foreign books to take the country a step towards international standards of protection of intellectual property rights. An official from the Copyright Office said yesterday that Vietnamese publishers will haveAFP - 328 words
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415 1995-08-18 5 Reuter JAKARTA President Suharto yesterday led Indonesians in marking the 50th anniversary of the country's independence after nearly four centuries of Dutch colonial rule and Japan's wartime occupation. But more than 1,000 people attended a 50th anniversary independence day ceremony that criticised President Suharto'sReuter - 415 words
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Page 4 Advertisements
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Advertisement223 1995-08-18 4 Even The Price Is Straightforward. f I i i m I -J V 3 SSSS Mi 7 Jk4 4nHr p <y jJr jp a %r f^r nil IJmkf 1& ■WTp^^Wl (withGST: $678.77) The NEW Brother Laser Printer HL-631 With Straight Paper Path Technology. For Faster Printing And No Paper Jams.223 words
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Page 5 Advertisements
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Advertisement27 1995-08-18 5 v-*' H ,N 'V < .1 i A V, v| > i r I r//te f fbfW/ o/W/hs/ji/Hi/io/i —n.. L_f YO TUn J ttCll A nenness\ ,\xj ihe Unainal27 words
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FOCUS
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Article, Illustration1603 1995-08-18 6 Hedge funds Dow Jones Company JUST weeks after telling his investors that macro investing had its limitations, George Soros scored the second-biggest one-day gain in his funds 1 history earlier this month by making a huge "macroeconomic" bet against the Japanese yen. OutsidersDow Jones & Company - 1,603 words
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Page 6 Advertisements
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Advertisement158 1995-08-18 6 ■A new way to make your profits take off .^1 u/ ./ii< jj^T An absolutely prim* location. A sense of JBfßf mM| history. State-of-the-art StreetUfe Daylife Nightlife Convenience Choioea. All around. All the time. Thia ia ,r*<flj PP"'' The Heeren, designed to appeal with C "W youthful vibrance With a158 words
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CHINA/ HONGKONG/ TAIWAN
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398 1995-08-18 7 Quak Hiang Whai - From Quak Hiang Whai in HONGKONG HONGKONG'S structural unemployment has worsened and will continue to remain high in the near term, government officials said yesterday. Latest figures released showed the provisional seasonally adjusted unemployment rate is at its highest398 words
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Article, Illustration52 1995-08-18 7 Reuter TAIPEI Stick-wielding taxi drivers from one company attack a cab from a rival firm yesterday after a dispute between the two sides erupted into a riot At least two drivers were seriously injured and 36 taxis destroyed in a series erf street wars throughout theReuter - 52 words
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122 1995-08-18 7 AFP TAIPEI The head of Taiwan's powerful supervisory body, Chen Li-an, announced yesterday that he would run in the country's first popular presidential race, saying he wanted to lead the public in some "soul-searching". "We have achieved a lot in Taiwan and we shouldAFP - 122 words
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171 1995-08-18 7 AP BEIJING China conducted a nuclear test yesterday, its second nuclear test in three months, despite urging from other Asian nations to refrain from explosions. The official Xinhua news agency made the announcement in a two-sentence report that did not include details.AP - 171 words
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404 1995-08-18 7 Reuter Bloomberg Business News TAIPEI Stocks rose yesterday as concerns over Chinese military exercises subsided and a weak Taiwan dollar raised expectations that exports may pick up. "There is just a lot of bullish news out there to boost investor confidence,"Reuter; Bloomberg Business News - 404 words
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109 1995-08-18 7 Reuter TAIPEI Taiwan's Formosa TafTeta Co Ltd yesterday local newspaper report that it would halt two planned textile plants in China with a total investment of US$56 million (5579.5 million) due to recent bilateral tensions. "The progress of the projects has been slower recentlyReuter - 109 words
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Article85 1995-08-18 7 Reuter TAIPEI Taiwan's Cabinet yesterday approved a Bill on relntions with Hongkong and Macau, allowing the island to maintain current direct air, shipping and trade ties with the two territories cfl e ma nta ins current regulations in the posititfe lield. But to protect theReuter - 85 words
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91 1995-08-18 7 AFP HONGKONG Several Hongkong tycoons are planning to set up a fund to boost the territory's image after it returns to Chinese sovereignty in 1997, it was reported yesterday. The multi-million-dollar "Better Hongkong Foundation" will be set up next month to improve theAFP - 91 words
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129 1995-08-18 7 AFP BEIJING About 80 per cent of China's urban residents are saving up to buy their own homes as the concept of free housing is phased out under the country's economic reforms. The Chirm Daily yesterday quoted Chen Xuebin of the State Council's leadingAFP - 129 words
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264 1995-08-18 7 AFP SHANGHAI Shanghai is experiencing a shift in foreign investment with input from Hongkong, its biggest foreign investor, falling 50 per cent in the first seven months of the year. Vice-Mayor Sha Lin said at a dinner with foreign correspondents on Wednesday that investmentAFP - 264 words
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Page 7 Advertisements
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Advertisement46 1995-08-18 7 This announcement appears as a matter of record only. August 1995 REPUBLIC HOTELS RESORTS LIMITED (Incorporated in the Republic of Singapore) ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL i OF HARBOUR VIEW HOTEL PTE. LTD. Financial Adviser to REPUBLIC HOTELS RESORTS LIMITED ÜBS (EAST ASIA) LTD46 words
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Advertisement167 1995-08-18 7 BmkshwmlE FOR 3 YEARS! *4%- WW fH -7CFI r J i 1 N imt J r**" 11 I I I §ii We are so confident of this VW engineered glass sunroof for those bright days and car that we're offering you completely rear spoiler for great style. free maintenance' for167 words
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ASIA
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102 1995-08-18 8 AFP SYDNEY Australia's merchandise imports rose a seasonally adjusted 1.3 per cent last month and analysts said the data pointed to a July current account deficit topping As 2 billion (552.08 billion) but narrowing. The Australian Bureau of Statistics (ABS) said that merchandise imports wereAFP - 102 words
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83 1995-08-18 8 AFP SYDNEY New South Wales Premier Bob Carr has called for expressions of interest for the design, financing, building and marketing of the athletes village for Sydney's 2000 Olympic Games. The village, estimated to cost AS7SO million, will house up to 15,000 athletes and officialsAFP - 83 words
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105 1995-08-18 8 AFP NEW DELHI The Indian government said yesterday it will not limit the number of licences that could be awarded to a private firm intending to set up cellular and basic telephone services here. "There is no cap on licences going to beAFP - 105 words
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355 1995-08-18 8 Reuter SYDNEY A massive jump in Australian home loan approvals in June does not signal the end of the housing sector downturn, but more likely reflects a favourable combination of special factors, say economists. Australian Bureau of Statistics (ABS) data showed thatReuter - 355 words
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523 1995-08-18 8 AFP COLOMBO The Sri Lankan government's offer of tax concessions and duty free im-> ports to industrialists was aimed at reviving flagging foreign investor interest in the country, financial analysts said yesterday. The government on Wednesday announced a fiveyearAFP - 523 words
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380 1995-08-18 8 Bloomberg Business News NEW DELHI Pramod Mahajan, the general secretary of the Bharatiya Janata Party (BJP), said the government of Maharashtra state is willing to negotiate with Enron Corp on a 695 MW power project it cancelled, says theBloomberg Business News - 380 words
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328 1995-08-18 8 Reuter TOKYO A slide in land prices is posing a dilemma for the Japanese government, as a depressive effect on the financial system is balanced by home buyers' enthusiasm. Land prices fell in 1994 for the fourth straight year, halving the valueReuter - 328 words
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171 1995-08-18 8 AFP NEW DELHI India's economic reforms created six million jobs during the fiscal year which ended in March and will provide employment for another eight million people this fiscal year, a top official said yesterday. Commerce Minister Palaniappan Chidambaram said the economicAFP - 171 words
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Page 8 Advertisements
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Advertisement193 1995-08-18 8 v w ►4 The most powerful inducement for Mazda's new V 6. DOHC engine X Maximum power output 145 ps SRS air bag (driver 1 4-stage Variable Resonance Induction System (VRIS) Leather bucket seats (optional) rear console box 4-Door Sedan and 5-Door Hatchback the many as one I Step on193 words
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Page 9 Advertisements
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Advertisement125 1995-08-18 9 L I Bfl i Br- m T H WM VA m m H ft I I i II f M wr m ml JM 41 A -IB Vfl v jfl jfl M B Bwar- l jB g JH -2j6fc^ -*iHL- H& a VI V/ K4I L| Hb&&3 ■Er* WfA■ fe125 words
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Page 10 Advertisements
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Advertisement969 1995-08-18 10 ll I i where to wine, dine and entertain il L WORLD S LAftGEST SELLING BEER -NSTIHNSCI IQiD WmW(MD n EIiHX TOTn 10* iff ftr utk Hywit I fmk 'S% iff hr pifmit J V V^s^ atJh><>F,^dP Just spend $500 and above within 6 months at any of our outote969 words
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Advertisement341 1995-08-18 10 y s r Heavenly Mooncakes at Mandarin Singapore From 6th August till 9th September Savour this year's divine creation, the Shandong Mooncake. Traditional favourites like our famous Golden Ingots, snow skin mooncake and 7 stars with white lotus paste are also available. Win lots of valuable prizes in our Grand341 words
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LIFESTYLE
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Article460 1995-08-18 11 Kevin Sullivan - Remote control in hand, Kevin Sullivan tells why he stays home Monday nights Kevin Sullivan IN THE couch-potato world, Monday night is inexplicable, a treasuretrove of wit, an outpost of quality. All-American Girl and Friends are shown between Bpm and 9pm, followed at 11 pm by three460 words
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Article, Illustration783 1995-08-18 11 Susan Tsang - Susan Tsang strolls through the Singapore Philatelic Museum which opens tomorrow Susan Tsang STAMPS are not exactly a topic guaranteed to set the uninitiated heart pounding, but the Singapore Philatelic Museum, which opens tomorrow, aims to change that. The $7 million museum, set up by the Telecommunication783 words
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332 1995-08-18 11 AFP AP AFP THE Singaporean wife of Hongkong film star Chow Yunfatt is in trouble with the law after customs agents found sleeping pills in a parcel mailed to her by her father, press reports said yesterday. Jasmine Tan was questionedAFP; AP - 332 words
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Page 11 Advertisements
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Advertisement63 1995-08-18 11 mis is with ei/e/tu 3 dishes oiide/ted. Just for lunch. Order any 3 dishes at Siamese Fins Tanjong Pagar and our daily special Fried Rice will be yours absolutely FREE. Come for lunch at 45 Craig Road, Tanjong Pagar Singapore 0208 from the 1 August to 30 September 1995 and63 words
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Page 11 Miscellaneous
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Miscellaneous1027 1995-08-18 11 Rugby: Nations 1995, ■r# m v 4 France meets Scotland at the Pare Des Princes. Will the home team play with their usu- flair against the hardworking Scots? W >ypp^. Solar Crisis, 8.30pm, Ch 5 W. HMF The specialist crew of the good JJw I ship Helios explore a solar1,027 words
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Article551 1995-08-18 12 ALTHOUGH the second quarter economic survey suggests that Singapore's economic growth is well on track to come in at the officially forecast rate of 7 to 8 per cent in 1995, there are some indications that expansion in the second half of the year will be somewhat551 words
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Article234 1995-08-18 12 INDONESIA, which today marks its 30th year of independence, has genuine cause for satisfaction for a job going well. It could easily have remained an unremarkable sprawl of islands, rich in possibilities but unfulfilled. The past quarter century of material advancement, though still in its early234 words
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Article184 1995-08-18 12 TODAY Indonesia celebrates the 50th anniversary of its independence with confidence. Not only is it rejoicing its freedom after 300 years of colonisation, but also its freedom from abject poverty of the '50s and '60s. Indonesia's 190 million people enjoy per capita income of US$BB4 (*****7)184 words
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Article216 1995-08-18 12 STATISTICS released by the Criminal Investigation Department show a fall in the crime rate for the seventh consecutive year. At the same time, however, there is an increase in serious crimes committed. Murder cases rose an alarming 38 per cent, with a similar increase in216 words
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Article155 1995-08-18 12 US PRESIDENT Bill Clinton's decision to attack increased smoking by teenagers head-on is depressing. Not because of the hard-nosed attitude of the US leader, we hasten to add. What concerns us is that we have already instituted most of the laws Mr Clinton is only now155 words
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Article157 1995-08-18 12 IF PACIFIC Insurance Bhd's chairman Tan Sri Dr Lin See Yan promises his company would pay legitimate insurance claims within seven days, he should be taken seriously. After all, he was, prior to holding his present post, deputy governor at Bulk Negara, the industry's principal regulator, and157 words
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Article142 1995-08-18 12 JUST BECAUSE Beijing has decided to dissolve the Legislative Council after the handover is no reason for China to also cripple the ability of its successor body to function properly. Yet that is what the Preliminary Working Committee (PWQ legal sub-group is proposing to do with its142 words
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Article, Illustration693 1995-08-18 12 Yang Haiqun - Monetary tightening by China's central bank may not be sufficient to rein in its overheating economy, says Yang Haiqun Yang Haiqun The author is a research Jellow at the Institute of East Asian Political Economy, specialising in banking. He contributed this693 words
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Page 12 Advertisements
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Advertisement328 1995-08-18 12 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 la the Matter The Ciaip ii J ii Act, Cap. St la Ik* Matter af NETPOWER TECHNOLOGIES PTE LTD FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Sectioa 308 of the Caeaatoa Act (Cap. SO) thai the Final General Meeting of the Memben of 9k328 words
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Advertisement148 1995-08-18 12 M THE MATTER Of THE COMPAMES ACT, CAP. SO NOTICE IS HEREBY GIVEN that the aedton of to abovanamed Company, which s being wound up votuntsrty, an nqMred on or baton 18 Saplambar 1995 to sand jn thatf names and Mttmai and partlculsrs of thar debts or dans and the148 words
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Advertisement189 1995-08-18 12 M THE MATTER OF THE COMMITS ACT, etm.m c!IMWUd 0n Member* Vytary Al an Extraordtoary General Meettigofthoobovanomed Company duly oonvened and heid at 148 Cecil Street, 808-08/4 08 on Ttanday, 10 OitgiMf 1886 at lOjOO ajn., to loOowlng roacAjflone wore duly paaaad WOUHIBMi (1) THAT to Company ba wound up189 words
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Advertisement318 1995-08-18 12 M THE MATTER OF THE COMPANIES ACT, CAP. SO AND M TIC MATTER OF SSfTRAPRCK PTC LTD VOUMT/JrVLnUBATION) NOTICC OF FMALICCTMO NOTICE tS HEREBY GIVEN puMrt to Sacion 308(1) of to Compantaa Act Cap. SO that the Final Meeting ot Mamban of lha Conpaiy al ba haU at to oMoaa318 words
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Page 12 Miscellaneous
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Miscellaneous62 1995-08-18 12 HOU) CAM IBe S\GH I \;M MOT P\J?UMG OJ UX.G*4T, PUTTING on eos rue TWO 1 M HOT UieiGHT I'M VOMG. TOOPsV. I EM'ihJG TVie SfVMfc -TUIVJGS —DONG c 'SV^S r 3\ iv*e s>*me.tuimgs... idf imV) »cA*re>£' /W rS£7 AMOCttTtO mHHHW tip iw mi > J POONESBURY GARRY TRUDEAU 2?Sj££'62 words
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ADVERTISING & MARKETING
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Article, Illustration964 1995-08-18 13 Chan Siew Ling - Coke and Pepsi have finally woken up to their individual strengths and devised belated strategies to boost their market share, reports Chan Slew ling Chan Siew Ling IF ONE doesn't know better, one would think that the Coca-Cola Company and964 words
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379 1995-08-18 13 THE Singapore advertising industry appears to have come of age. For the first time in the history of the Creative Circle Awards (CCA), Singaporean creative directors will be judging the entries. Newly elected CCA chairman Patrick Low said: "1 didn't desire to be379 words
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Article36 1995-08-18 13 IN last week's Copylines, we gave the price of Gardenia Muffins as 60 cents for a pack of three. That is incorrect. They cost $1.60 a pack. We are sorry for the error.36 words
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Page 13 Advertisements
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Advertisement138 1995-08-18 13 Our Marketing Communications consultancy, established in 1984, invites applications for: m MARKETING MANAGER (Holographic Products) Graduate in Graphic Design Marketing, aged 27-30, with four years of experience in I I marketing, developing markets, and servicing clients in graphic art applications; to market holograms, an exciting new visual medium, to graphic138 words
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Advertisement208 1995-08-18 13 Come view Breguet's legacy the greatest watchmaker of all time. monarchs of Holland, Russia, EXHIBITION-SALE of watchmaking, A.-L. Other well-known collectors of AT Breguefs reputation rests on his many Breguet timepieces included Queen Xf-fF HOUR PI ACC technological achievements, the perfection Victoria, Sir Winston Churchill and uLASI), of his craftsmanship208 words
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Article565 1995-08-18 14 Rubin sees no threat to international competitiveness of US business NYT WASHINGTON As the US dollar continued its climb on Wednesday, Treasury Secretary Robert Rubin said that the government was committed to maintaining a strong dollar and did not see it as a threat toNYT - 565 words
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389 1995-08-18 14 Reuter WASHINGTON Federal Reserve officials, voicing hopes that the US economy has weathered its worst, appear in no great rush to cut interest rates again. While not precluding the possibility of further rate reductions, Fed officials said the economy looks setReuter - 389 words
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296 1995-08-18 14 Reuter LONDON The governor of the Bank of England, Eddie George, said yesterday it was not only impossible for regulators to prevent all financial collapses and disasters but that it was not even desirable for them to try. He toldReuter - 296 words
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125 1995-08-18 14 AFP WASHINGTON The United States' trade deficit rose to US$ll.3l billion (Ssl6 billion) in June, the second highest figure ever. The Commerce Department said yesterday that the monthly deficit in goods and services was up 2.4 per cent from USS 11.05 billion inAFP - 125 words
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Article, Illustration43 1995-08-18 14 AFP KIEV, Ukraine An old woman filling out her money coupons near a currency exchange office yesterday. She is trying to retain the value of her savings following a 20 per cent inflation increase in the past four days. AFPAFP - 43 words
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295 1995-08-18 14 Bloomberg Business News WASHINGTON Taking aim at con games thought to cost American consumers around US$40 billion (S$56.8 billion) each year, the Federal Trade Commission unveiled a package of new rules on Wednesday to fight telemarketing scams. The sweeping regulations, required by CongressBloomberg Business News - 295 words
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75 1995-08-18 14 Bloomberg Business News SEOUL AT&T Corp yesterday won a US$54O million (***** million) contract to supply wireless phone equipment to Korea Mobile Telecom (KMT), one of the world's largest wireless networks. Under the multi-year agreement, AT&T Network Systems will install its Autoplex wirelessBloomberg Business News - 75 words
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Article90 1995-08-18 14 Reuter LONDON Satellite broadcaster British Sky Broadcasting pic (BSkyß) yesterday rcportpd a two-thirds jump in its year profits, while media group Pearson pic said separately it planned to sell its 9.75 per cent stake in the company. The public offer of Pearson's stake should allow BSkyß,Reuter - 90 words
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Article55 1995-08-18 14 Bloomberg Business News WASHINGTON More American workers applied for unemployment benefits last week than in the previous week. Labour Department figures yesterday showed new jobless claims increased by 6,000 to a seasonally adjusted 338,000 in the week ended Aug 12. In the previous week, claims roseBloomberg Business News - 55 words
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Article48 1995-08-18 14 AP PARIS An explosion in a garbage can near the Arch of Triumph injured at least 16 people, three seriously, yesterday three weeks after a bomb killed seven people in a Paris subway. Authorities had yet to determine exactly what caused the blast. APAP - 48 words
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Article58 1995-08-18 14 Bloomberg Business News TOKYO Japan's 2,028 major companies surveyed by the Nihon Keizai newspaper yesterday said they will increase their capital investment by an average of 3.9 per ccnt this fiscal year from the year before. This is the first time in four years that Japanese companiesBloomberg Business News - 58 words
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373 1995-08-18 14 AFP PARIS Japanese tourists in Europe pick Paris for their biggest spending sprees, disbursing a large part of their savings on French luxury goods. Women make up 60 per cent of the million Japanese visitors who finish their European sojourns here.AFP - 373 words
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Article, Illustration883 1995-08-18 14 WILLIAM CHIA; WILLIAM CHIA - The Bottom Line WILLIAM CHIA WILLIAM CHIA The writer is a BT correspondent with a special interest in Indonesian corporate matters ALTHOUGH Indonesia is one of the most populous nations in the world, with 190 million people, it has one of883 words
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Page 14 Advertisements
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Advertisement19 1995-08-18 14 To crack the safe or enter Mrs Wizard's crystal ball, call Tele-Games on 1900-911-0003, at 30 cents a minute.19 words
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Advertisement103 1995-08-18 14 For stories, quizzes songs, call Children's Funland on 1900-910-0001 at 30 cents a minute. j —j ***** Li 1111 11 I P* UlMiigfe?/ M 5 ill jjjl W ET —I ~l j-i j r j P O fffin i uEv/ x Bvlgari-Bvlgari Watch in 18 kt gold with Serpent-tail Y>103 words
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COMPANIES & MARKETS
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445 1995-08-18 15 Rahita Elias - By Rahita Elias SINGAPORE Sembawang Corporation's announcement yesterday of a 28 per cent fall in half-year earnings to $29.6 million sent analysts scrambling to slash their forecasts for the full year. For the six months to June 30, 1995, earnings per share445 words
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Article, Illustration402 1995-08-18 15 David Mok - By David Mok SINGAPORE The interim turnover of computer firm IPC Corp soared 73.2 per cent, but group net profit margins were dragged down by losses from subsidiaries in Australia and the US. For the six months to June 30, IPCSource: BT, Bridge Info - 402 words
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210 1995-08-18 15 SINGAPORE Sesdaq-listed Horiguchi Engineering slipped deeper into the red at half-time due to the high start-up costs of its subsidiaries in Malaysia and Indonesia. The engineering service company yesterday reported a net loss of $1.36 million for the half year ended June 30210 words
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241 1995-08-18 15 SINGAPORE Additional investments by food group QAF Ltd in Malaysia, India, Thailand and China will need some time before they can contribute to group earnings, said QAF chairman Didi Da wis. In the group's latest annual report, Mr Da wis said241 words
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824 1995-08-18 15 Steve Vines - HOCK LOCK SIEW By Steve Vines HONGKONG Wharf Holdings, which is traded on Clob in Singapore, and is one of the colony's largest and most progressive conglomerates, was once a flavour-of-the-month stock. It is now looking deeply troubled. On Wednesday, Wharf published824 words
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Article, Illustration431 1995-08-18 15 Jenny Lam - By Jenny Lam SINGAPORE Homegrown footwear and fashion distributor Ossia International is gearing up for a mainboard listing next year. Group managing director Joe Goh told Business Times the planned listing was to raise funds for expansion in the Asia-Pacific. "Our vision is431 words
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Article, Illustration51 1995-08-18 15 Mixed 'Market Mood' indicates Ihe likely trading sentiment today, based on brokers polled at 5-6pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Barings. Credit Lyonnais Securities. Daiwa. Fraser. G K Goh. Kay llian. Morgan Grenfell. Ong Co. Nomura. Phillip. Smith New Court. W Can and SG51 words
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Article, Illustration98 1995-08-18 15 Paul Leo - By Paul Leo HEXZA Corporation broke support at SI. 10 yesterday to end at $1.07. Further downside towards $1.00 can be expected within the next few days at which level it is a buy. Both Relative Strength Indices and stochastics will be deeply oversold. Selling pressure has eased98 words
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COMPANIES
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598 1995-08-18 16 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR SALOMON Brothers chief Asia market strategist Timothy Moe said yesterday he was maintaining his overweight rating of the Malaysian stock market despite this week's scare over rising interest rates. Mr Moe had, in his598 words
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428 1995-08-18 16 Bloomberg Business News KUALA LUMPUR Cable manufacturer Leader Universal Holdings Bhd yesterday reported net profit for the first half of Ms 64 million (Ss36 million), or 14.7 sen per share, slightly below analysts' forecasts. While the figure represents 16 per cent growthBloomberg Business News - 428 words
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293 1995-08-18 16 Lilian Ang - Earnings INSIGHT By Lilian Ang GOING by figures in the latest issue of The Estimate Directory, government-linked DBS Land should post a near 65 per cent jump in net earnings to $244 million for FY9S, with earnings per share (EPS) at 27.8 cents. But293 words
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Article, Illustration337 1995-08-18 16 MBT KUALA LUMPUR Malayan Banking Bhd (Maybank) is expected to announce a pre-tax profit of about MSI.4 billion (***** million) for the year ended June 30, 1995. This is an increase of 20 per cent over the record group pretaxMBT - 337 words
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363 1995-08-18 16 Shiv Taneja - By Shiv Taneja SINGAPORE Locally-listed Auric Pacific Group is seeking shareholder approval to increase its stake to 20 per cent in Jakarta-listed PT Bank Niaga. Auric owns 1.52 million 12 per cent convertible bonds due 2002 of Bank Niaga, which363 words
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173 1995-08-18 16 SINGAPORE A light hettcoplu developed juiatfy by Eurocopter France, ■■f— Aerospace ami China's Catic has compteieo icsn ingnis ado gone into production, the China News 3cmcc lus reponeu. The first siagfe-eagfaw Ecareuil EC-120 hdkuplus are expected to roll off the assembly lines in late 1997.173 words
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161 1995-08-18 16 Bermama KUALA LUMPUR Kamunting Corporation Bhd's disposal of a 66.7 per cent equity in Multi-Purpose Insurans Bhd and the entire interest in Multi-Purpose Credit Sdn Bhd will have positive results, said chairman Lim Ah Tam. He said in the company's 1995 annual report thatBermama - 161 words
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54 1995-08-18 16 SINGAPORE Tuan Sing Holdings will sell two ordinary shares of MSI each, comprising the entire issued share capital of Ecofield Realty Sdn Bhd, to Tiong Nam Trading Transport (M) Sdn Bhd. Ecofidd, an investment holding company, owns three freehold industrial sites at the Lion54 words
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Article35 1995-08-18 16 SINGAPORE Great Eastern Life Assurance Company has announced an interim gross dividend of six cents a share. The dividend will be payable on Sep 29 to shareholders registered on Sep 19.35 words
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Article16 1995-08-18 16 SINGAPORE Avimo Singapore says Anthony Pearson has resigned as director, effective Aug 11.16 words
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76 1995-08-18 16 SINGAPORE Mainboard finance counter British and Malay, an Trustees has reported a 26 per cent drop in net profit to $641,000 for the year to June 30. Turnover fell 10 per cent to $1.76 million. Net tangible asset backing per share rose 7.876 words
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Article55 1995-08-18 16 In our Aug 16 report, "Over a dozen IPOs expected to follow Uraco's offer", we named Gold Peak as a potential Sesdaq listing. The company has clarified that the unit to be listed is GPE Industries Ltd, which is seeking a mainboard listing. Gold Peak is the55 words
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Article473 1995-08-18 16 ■MSM* ptna <$) Aug It Mcadaki Gr Find 1.02 I .(MA IWmMiTml US Or Faad IJ3* The Common 1.54 1.63 UOB AlMt Mft LU The Swap Fuad 141 1.57 UuAad 1.41 l.4> S"pore Prog Fund 0.61 045 Uiubond-f 1.06 IjU5 rpore See Faad 0.90 095id United Gr Fund! 1.55 1.62473 words
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685 1995-08-18 17 Bloomberg Business News Reuter HOUSTON Compaq Computer Corp on Wednesday cut prices on most of its computers by as much as 25 per cent as it prepared for a Windows 95driven computer buying binge by consumers and businesses.Bloomberg Business News; Reuter - 685 words
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380 1995-08-18 17 Reuter SEATTLE Microsoft Corp is fighting to calm fears that it is plotting to comb customers' computers through the online product registration system in its Windows 95 computer operating system, which goes on sale on Aug 24. Microsoft said its Registration Wizard feature isReuter - 380 words
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179 1995-08-18 17 AFP TOKYO Japanese supermarket chain Seiyu Ltd has axed 1,574 jobs, or 15 per cent of its workforce, over the last two months under an earlyretirement programme, a company spokesman said yesterday. The spokesman said the programme was part of the company'sAFP - 179 words
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296 1995-08-18 17 Reuter AMSTERDAM Beleaguered Dutch plane-maker Fokker NV was forced into publicly assuring the Amsterdam Stock Exchange yesterday that its financial obligations would be honoured by German parent Deutsche Aerospace (Dasa). Shares in the company were suspended earlier yesterday by the bourse's trade supervisor followingReuter - 296 words
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Article279 1995-08-18 17 Bloomberg Business News NEW YORK Normandy America Inc withdrew its US$lBO million (Ss2so million) initial public offering (IPO) a day after it began trading on the Nasdaq Stock Market, one of the largest ever to do so. "Generally, withdrawing IPOs from the major firms is anBloomberg Business News - 279 words
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219 1995-08-18 17 Bloomberg Business News WELLINGTON New Zealand's Brierley Investments Ltd has sold all its 11.5 per cent stake in Guinness Peat Group pic. It sold the 47.4 million shares at 67 New Zealand cents a share. Brierley spokesman Mike Drogemuller said yesterday the companyBloomberg Business News - 219 words
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Article, Illustration49 1995-08-18 17 AFP PAKJ& A silver 100 French francs coin, France's currency. The franc celebrated the 200 th anniversary of its authorisation as the single currency for all of France on Aug 15. It replaced the "Livre Royale" (royal pound) of the 18th century. AFPAFP - 49 words
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292 1995-08-18 17 FT LONDON The London Stock Exchange said yesterday it would relax regulations which require companies seeking a stock market listing to make shares available to the general public, blaming insufficient demand from private investors. Michael Lawrence, chief executive of theFT - 292 words
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170 1995-08-18 17 Bloomberg Business News HONGKONG Citibank will be the first US commercial bank to open a branch in jingAmerica's largest commercial bank said it has permission from the People's Bank of China, the central bank, to upgrade the representative office to aBloomberg Business News - 170 words
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52 1995-08-18 17 Reuter TOKYO Japan's Sony Corp said yesterday it was holding talks with the British Broadcasting Corp (BBC), British Telecommunications and other companies to jointly develop a digital terrestrial television system. A spokesman for the Japanese electronics giant said Sony might announce a dealReuter - 52 words
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57 1995-08-18 17 AFP SEOUL South Korea's third largest oil refiner Ssangyong Oil Refining Co said yesterday its interim net profit soared 59.8 per cent to 113.2 billion won (S$2OS million) in the first half. With the price war easing this year, the firm stood to enjoyAFP - 57 words
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Article62 1995-08-18 17 Reuter BONN Deutsche Telekom AG, Germany's state telecommunications group, said it will hold a majority stake of 35 per cent in a new multimedia joint venture which hopes to create the dominant standard for new video services. Other shareholders include Bertelsmann AG with 15 perReuter - 62 words
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62 1995-08-18 17 AFP SEOUL South Korea's Yukong said yesterday its net firet-half P e r ?f'!n SUr^ d l a 1 robu to 82.22 billion won (SSI 50 million). A steady nse in the prices of chemicals products, which had started in late 1994, was aAFP - 62 words
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Article67 1995-08-18 17 Reuter BEIJING Honeywell Inc of the United States yesterday signed a strategic alliance with Chinese petrochemical giant Sinopec that should give the Minneapolis-based company US$75 million (SSIOS million) in sales over five years, its chairman Michael Bonsignore said. The deal, signed in Beijing, makes Honeywell aReuter - 67 words
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Article46 1995-08-18 17 Reuter HONGKONG Shun Tak Shipping has raised its stake in Shun Tak Holdings (STH) by 19.08 million shares or 1.31 per cent on Aug 10. Shun Tak Shipping now holds 502.37 million shares or 34.46 per cent of STH. ReuterReuter - 46 words
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356 1995-08-18 17 Bloomberg Business News PERTH, Australia Vietnam Industrial Investments Ltd, a company backed by Malaysian and Vietnamese interests, begins an initial public share offering today aimed at raising funds to invest in Vietnam's reconstruction. It is offering to sell 50 million shares atBloomberg Business News - 356 words
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FINANCE & COMMODITIES
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460 1995-08-18 18 Bloomberg Business News •SEOUL Bad debts at South Korea's 25 commercial banks nave soared 42 per cent during the first six months of this year amid a growing number of corporate bankruptcies, the Bank Supervisory Board said. The banking watchdogBloomberg Business News - 460 words
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65 1995-08-18 18 Bernama KUALA LUMPUR Malaysia's Islamic banking system has total deposits of about Mss billion (Ss2.B billion), said Nor Mohamed Yakcop, a former senior adviser to Bank Negara. In a recent issue of the Islamic Banker newsletter, Dr Nor said that since January 1994,Bernama - 65 words
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Article62 1995-08-18 18 Bernama KUALA LUMPUR Bank Negara's gold and foreign exchange and other reserves, including special drawing rights, rose to M 567.82 billion (5538.66 billion) on July IS, from M 567.20 billion on June 30. A statement from the central bank said the reserves registered a fortnight agoBernama - 62 words
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Article138 1995-08-18 18 Bloomberg Business News NEW YORK Metropolitan Life Insurance Co and New England Mutual Life Insurance Co said on Wednesday that they agreed to merge to become one of the country's biggest money managers, overseeing USS24S billion (SS34B billion) in assets. Met Life will vault intoBloomberg Business News - 138 words
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76 1995-08-18 18 Reuter BEIJING The Bank of China is to open a branch in Vietnam's Jio Chi Minh City later this year, the Xinhua news agency said •yisterday. The branch would facilitate the development of trade and economic ties between China and Vietnam, Xinhua said.Reuter - 76 words
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Article89 1995-08-18 18 Bloomberg Business News WASHINGTON Edward L Scherer, a former Merrill Lynch Co Inc analyst, agreed on Wednesday to pay a US$2O,OOO (5528,400) fine for colluding with a co-worker to rig the price of junk bonds traded by the firm so the two could acquire themBloomberg Business News - 89 words
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468 1995-08-18 18 Reuter BOSTON Fidelity Investments' founding Johnk>n family has given up voting control to its SO top executives and fund managers. Fidelity is the world's biggest mutual fund company and manages some US$34O billion (***** billion) in its various mutual funds. AnalystsReuter - 468 words
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416 1995-08-18 18 Move signals firm's falling creditworthiness Bloomberg Business News NEW YORK Salomon Inc suffered a blow on Wednesday when some of its securities were lowered to below investment grade, a signal to investors and clients that the firm's creditworthiness is dropping. Standard Poor's CorpBloomberg Business News - 416 words
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237 1995-08-18 18 SINGAPORE Union Bank of Bangkok signed a deal here yesterday with 17 banks to tap US$6O million (SsBs million) •from the Asian dollar market through an issue of transferable loan certificates. The three-year deal, which will bear interest 0.45 of a237 words
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263 1995-08-18 18 Bloomberg Business News SINGAPORE Demand for Asian crude looks set to surge by the end of September as regional refiners finish maintenance that has been under way since the spring, yet the sudden rise in demand may end up putting littleBloomberg Business News - 263 words
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378 1995-08-18 18 Reuter SINGAPORE Singapore is considering fresh measures to revive the moribund Robusta coffee futures contract, which is facing liquidity woes five months after listing, industry officials say. "It won't be delisted," said Ong Siong ICai, head of Singapore Commodity Exchange's (Sicom) coffeeReuter - 378 words
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287 1995-08-18 18 SINGAPORE Demand for Asian crude looks set to surge by the end of September as regional refiners finish maintenance that has been under way since the spring, yet the sudden rise in demand may end up putting little upward287 words
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Article175 1995-08-18 18 Reuter LONDON The dollar clambered up\/ards throughout the European morning, and while market watchers were confident of further gains they said the going could get tough. "It's going to be a bumpy ride we've had very dramatic moves over the past few days," said an economist. "But sentiment reallyReuter - 175 words
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Article91 1995-08-18 18 AFP NEW YORK The dollar dropped slightly here yesterday morning on news of a worse-than-expected US trade deficit for June. At 1315 GMT, the greenback was trading at 1.4778 marks, compared to 1.4840 at the start of trading and 97.91 yen, compared to 98.30 just ahead of theAFP - 91 words
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Article, Illustration1189 1995-08-18 18 Trade-metgkted index calculated agonal S parr's top 14 trading pmtm.ll Base fear IMS US$/S$ forward rates Noon Aug 17 St Wtd Oder 1-month I.4IS2 1.4167 2-month 1.4111 1.4126 month 1.4076 1.4091 6-monlh IJK! Source: OCBC FOREIGN CURRENCY NOTE RATES As at Shi m Aag 17 Singapore dollars to oae aait1,189 words
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COMMODITIES & FUTURES
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1271 1995-08-18 19 Reuter SINGAPORE Simex Euroyen futures and Japanese government bond (JGB) futures ended flat after a day of choppy trading. Euroyen contracts were bought earlier in the day on short covering and the lead March contract traded to a high of 98.87. "The marketReuter - 1,271 words
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692 1995-08-18 19 COMMODITY REPORTS Rubber TOKYO: Rubber futures closed at their day's highs as shortcovering surfaced ahead of the close on technical factors. Prices ranged from 2.1 to 5.4 yen per kg higher. Benchmark January finished 4.4 yen up at 125. There was bullish sentiment on news692 words
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Article69 1995-08-18 19 LONDON Coffee exports to all destinations by exporting members of the International Coffee Organisation during June totalled 5.599 million bags, down from 6.190 million in June 1994, according to preliminary ICO estimates. Arabica coffee exports during June totalled 4.102 million 60 kg bags, down from69 words
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Article116 1995-08-18 19 TOKYO Japan's crude steel production totalled 8.681 million tonnes in July, up 4 per cent for the 12th consecutive year-on-year rise, the Japan Iron and Steel Federation reported yesterday, according to Kyodo news service. Production of ordinary steel rose 2.7 per cent to 7.048116 words
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Article65 1995-08-18 19 TOKYO China has taken advantage of a relatively quiet summer market to buy 12 to 15 cargoes, or up to almost 200,000 tonnes, of sugar over the past two weeks, traders said yesterday. China's Ceroilfood, the government's purchasing arm, was said to have made deals with65 words
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Article66 1995-08-18 19 LONDON The Economist Intelligence Unit forecasts a global cocoa surplus of 50,000 tonnes in 1995-96, compared to its previous forecast of'a 30,000 tonnes deficit. The EIU said this will be partially offset by a revision to its 1994-95 crop cycle estimate. It now pegs 1994-9566 words
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Article3889 1995-08-18 19 SICOM Futures (Mm dMtag at at S.Mpa) 1 C—tract (S cents/kg) Ctat tNkw Qm Month Huh Low Sen (tonnq) Inlcr-cn SfP 95 I •1.50 171.50 111.50 100 MOO Oct 179.00 1423 Nov 179.00 179.00 179.00 300 1723 Dec ***** 2400 Jan/Mar 96 177.00 4975 Apr/Jun 96 ***** 43003,889 words
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REGIONAL STOCK MARKETS
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Article915 1995-08-18 20 -14.1 SHARE prices finished lower yesterday, pulled down by futures and a weak showing by blue chips. "We didn't stand a chance after the futures started to fall," one broker said, adding that the physical market was lured lower by the September share price index, which finished 21 points915 words
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Article564 1995-08-18 20 -16.62 Share prices closed lower, dampened by the fall of dominant carrier Philippine Long Distance Telephone (PLDT) and the shift of investor interest to second liners. The PSE Composite Index dropped 16.62 points to close at 2,828.60. Turnover was 14.32 billion shares valued at 1.77 billion pesos. PLDTs drop564 words
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Article502 1995-08-18 20 +33.39 Share prices finished higher on a continuing bull run, with all eight major categories of shares posting gains. "Foreign institutions remained active in expanding shareholdings," said a dealer. The 321-issue Weighted Price Index inched up 33.39 points at 4,825.78, extending a 200.98-point jump on Wednesday. Turnover was 1.839502 words
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Article429 1995-08-18 20 -1.62 Stock prices slid back for the sixth consecutive trading session amid concerns that the weakening yen might deal a substantial blow to the nation's economy. Manufacturing counters, which would be affected by the yen's depreciation by eroding the competitiveness of Korean products abroad, spearheaded the retreat, traders said.429 words
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Article312 1995-08-18 20 -16.26 Stocks declined, led by Telecom whose investors fear that the government is about to force it to allow a competitor into the local call market. Telecom shed 1.8 per cent, its biggest decline since late June. Foresters Fletcher Challenge and Carter Holt Harvey also fell amid investor312 words
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Article64 1995-08-18 20 +18.51 Shares finished higher ahead of a long weekend. The Bombay bourse will be closed today for a Hindu festival. The BSE 30-share Index rose 18.51 points to settle at 3,444.33 while the 100-share National Index closed 9.94 higher at 1,580.20. Traders said truck maker Tata Engineering Locomotive Co64 words
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WORLD STOCK MARKETS
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Article655 1995-08-18 20 Britannia Fund* Merlin Cask Bid Offer Mm Cap Doom M.6400 J« 6500 Mim Jenev Gift 0 1 <93 0 1992 Mua Mai lacome .0 9200 0.9600 UStCask Incoiac Plm Fund *9 MOO *10 4100 PS S Roervc Fuad 3.5400 3.3300 SterMag Eqaitjr Euro Prrforminee .0.4392 0 49)1 Far Em Fwd655 words
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Article695 1995-08-18 20 +5.5 EQUITIES ended another sluggish session marginally higher after trading in a narrow range throughout the day. Trading volumes were thin due to the summer holiday season, dealers said. "It's been another nothing day a waste of time. We're just marking time waiting for something to happen," a dealer695 words
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Article127 1995-08-18 20 -3.10 French shares ended the day lower, after having spent most of the session higher, under the weight of declines in US bonds, shares and the dollar after the publication of US data the Philadelphia Federal Reserve's August survey. The CAC-40 Index ended down 3.10 points at 1,967.27. Of127 words
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Article174 1995-08-18 20 +4.11 German shares slip from in-tra-day highs as dollar dropped below 1.48 marks in the wake of US data. Cash market volumes remained moderate. Dealers said there was little selling pressure. The market was waiting to see if the dollar regained its highs. The DAX Index closed up 4.11174 words
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Article200 1995-08-18 20 +0.03 Good interest for chemical stocks, partly following a brokerage recommendation, helped the Brussels bourse to a marginally higher close. The Bel-20 Index ended 0.03 point higher at 1,460.27 after spending the day in a seven-point range. Volume was worth 1.8 billion francs. Chemicals Solvay and Tessenderlo were up200 words
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Article134 1995-08-18 20 -74 r Italian shares fell as investors saw few reasons to buy ahead of tomorrow's end of the monthly account. "The market has had a good run this month and it's normal that some people will look to take in their gains," said a trader. The all-share Mibtel Index134 words
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Article274 1995-08-18 20 -1.60 Dutch shares spent most of yesterday idling around the Wednesday close before lurching downwards late in the session. "We've spent most of the day not doing all that much and then only really pushed down in the last half hour," said one dealer. "What news we've had recently274 words
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Article100 1995-08-18 20 -86,49 Swedish shares edged lower ahead of telecoms giant Ericsson's half-yearly report, due out yesterday. Ericsson's share see-sawed; it was trading at 145 crowns by the close, having touched a high of 147.5 and a low of 144.5. The General Index shed 86.49 points to 1,609.48. Turnover was 972100 words
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Article227 1995-08-18 20 +14.0 Swiss shares were higher as firmer bonds and a higher dollar buoyed the market, dealers said. But the bourse retreated from early highs as some shares were hit by profit-taking. The blue-chip SMI Index closed up 14.0 points to 2,894.6, after a high of 2,904.3. The broad SPI227 words
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Article355 1995-08-18 20 +8.9 South African gold shares posted steady gains as they recovered in line with bullion, but industrials ended off their best levels. Dealers said the market could be set for a mixed showing today if current Wall Street weakness was extended, but golds should hold up with the gold355 words
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Article234 1995-08-18 20 +3.0 Stocks rose, ignoring heavy Wall Street losses, as strong Sd and base metal shares >sted Canadian equities. The TSE 300 Composite Index sained 3.0 points to 4,611.30 on volume of 16.91 million shares valued at Cs2so million. Advancing issues outpaced declines 201 to 170, with 282 stocks unchanged.234 words
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Article740 1995-08-18 20 •26.41 Stock prices turned shaiply lower in active trading after sell programs exacerbated losses fuelled by bonds slide following a strong regional economic report. The Dow Jones Industrial Average, which lost 1.76 points on Wednesday, was down 26.41 to 4,612.67 at 11am EDT. The NYSE Composite Index was740 words
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Article, Illustration2502 1995-08-18 21 Bloomberg Business News HONGKONG Stocks dropped as earnings from some of the territory's biggest companies heightened concern that profit growth may slow. The decline gathered speed after Salomon Brothers (HK) said it cut the percentage of local shares it recommends investors hold in Asian stock portfolios to 40 perBloomberg Business News; Source: Bridge Info - 2,502 words
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Article, Illustration567 1995-08-18 21 CLSA IN Hongkong, the H share index lost 8.06 points at 1,097.28 on turnover of HKS7.B million. Qingling Motors rose 22 per cent on the back of the strong US dollar. The worst performer was Luoyang Glass, closing down 5.8 per cent. Shanghai B shares slipped 0.4 per centCLSA - 567 words
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Article, Illustration2432 1995-08-18 21 Bloomberg Business News TOKYO Stocks fell for the first time in five days, led by banking and utilities shares, amid concern a stronger dollar may not be enough to salvage an economic recovery in Japan. "We know the electronics companies will do well; now we need to know whetherBloomberg Business News; Source: Bridge Info - 2,432 words
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Article, Illustration1421 1995-08-18 21 Reuter BANGKOK Stocks surged to their highest levels in a week on better-than-expected profit reports by several financial companies. "The numbers that some companies produced got people a little excited," said an analyst. "I don't think this is a trend, but investors were looking at the finance stocks withReuter; Source: Bridge Info - 1,421 words
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Article2189 1995-08-18 22 "•-v- c_, ts aKhw.'-l. r"cr .*\jr su* MALAYSIAN STOCKS 47* 196 m AISB 50c 414 -14 226 412 414 414 422 10 -2 9 0 2 424 4 J m £2? 500 11 5 JO U 5*50 240 163 Alcorn 234 uach 17 234 234 235 2.( nj2,189 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6103 1995-08-18 22 Bloomberg Business News KUALA LUMPUR Stocks fell to a three-month low as the cheap yen continued to pull foreign money into Japan from other Asian markets. "The market's having yen jitters," said an analyst. "Japanese companies are more competitive now, so everyoneBloomberg Business News; Source: Bridge Info - 6,103 words
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STOCK EXCHANGE OF SINGAPORE
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Article7076 1995-08-18 23 MM Gr Cr M Wl U* Vd h, LaatQaa* Dfr Mr YH Net Ca A<b Cl "l»l Sale CMt) H%k Lot hmrm Sdbr CV M $3 Priei MMBTMM. AND GOMMEIICML IS 2X 6* +2 35 45* 434 434 410 22.5 3.1 25 9.5 6254 452 IX 12? 1 450 od7,076 words
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Article, Illustration1816 1995-08-18 24 R Sivanithy - By R Sivanithy SINGAPORE Sesdaq and other second-liner counters dominated local trading yesterday, as investors concerned over the future of Clob International continued switching funds into Singapore stocks. Among the prime targets were the longer-dated warrants of second liners, manyCharts by Bridge Info; Source: Bloomberg - 1,816 words
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Advertisement220 1995-08-18 15 NEWS VALUE 3D Blaster sends Creative shares rocketing 37% to $15.50 (pg I) The company is on to something here. But watch out for excessive euphoria, and the lurking stale bulls. Govt to pet 20 residential sites up for sale next month (pg 1) Final supply will depend on how220 words
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Advertisement68 1995-08-18 16 This announcement appears as a matter of record only If THE TEMPO GROUP PT TEMPO SCAN PACIFIC U5535,000,000 TERM LOAN FACILITY Underwriter and Lead Manager The Hongkong and Shanghai Banking Corporation Limited Managers Credit Lyonnais, Singapore Branch Commerzbank Aktiengesellschaft, Singapore Branch The Royal Bank of Scotland pic Societe Generale, Singapore68 words
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Advertisement100 1995-08-18 17 BUSINESS TIMES TOLL-FREE TEL. No. 1-600-741-1883 FAX: 741-1296 HI SENIOR INVESTMENT OFFICER I The selected candidates will be required to deal actively in |b| major overseas equity markets. A key responsibility will be to conduct analysis to select the appropriate investments. B At least 3 years' experience in equity dealing100 words
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Advertisement8 1995-08-18 18 To crack the safe or enter Mrs Wizard's8 words
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Advertisement282 1995-08-18 19 I With a worldwide team of 125 multi-disciplined I I professionals and a network of international offices, I fl OCRA provides confidential and cost effective company H I formation in all the major low tax areas including: I I •BRITISH VIRGIN ISLANDS "CAYMAN ISLAND I 'IRELAND •MAURITIUS JERSEY I •SEYCHELLES282 words
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Advertisement20 1995-08-18 19 As and when the latest London/ Rotterdam prices are aot available, the previous trading day's dosing figares are carried instead.20 words
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Advertisement13 1995-08-18 20 /C| w e > J A ROLEX i y AT ROY EASTERN WATCH J13 words
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Advertisement144 1995-08-18 21 THE FASCINATINGBEATING OF TIME... Numbered, limited edition chronometers UdntMty At: Above (cyond Lid 1 Maritime Squtrt #02 101 E«pc Gjirwy W 272*042. Com*. W*tc* Centre We Ltd »01tt Mitel Ory Shopping Centre W 33W11S #01 32 lucky Ptoa W *****14 Muie Uaen. WMch Pu Ltd *01 11/20 CenrefWnt W *****3*144 words
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Advertisement17 1995-08-18 22 ALFRED DUNHILL lUJ lis// {jj/rrd i/)/tsiA///at &arapon, *A/w (jtty, Mr Av (>'<{</ o/ic/ (jo/irt. C/ass/cx fo trtas/ov> s//icc17 words
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Page 23 Advertisements
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Advertisement64 1995-08-18 23 ML A B l m M V» B ll I I llllSiMaflitiiSlSiiiSfl HI iiM»iW.WftfcdbT; S ■»?.<j«. .'L. JOB*-.- V A r» y >%kM •pMMMrtfc .IB Iv' V biH9^li^- 'H B^^H^BH fp^^^HHfIBBB^BBBBB9PHBBH|HH|^^H I 1 I R9|HjK3Bi jMKp CHMiII ;H i VJj* :.y m%?M'z2SwE, 4m w >;■■ WBmfc"^^ 5 [-'7 MHimShjl I64 words
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Page 24 Advertisements
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Advertisement386 1995-08-18 24 IN THE HtGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding-Up No. 178 of 1995 In the Matter of the Companies Act (Chapter 50) And In the Matter of SOON SENG KIM CONTRACTORS (PTE) LTD (R/C NO. *****4871G) ADVERTISEMENT OF PETITION NOTICE is hereby given that a Petition for the386 words
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Advertisement501 1995-08-18 24 IN THE MATTER OF THE COMPANIES ACT (CHAPTER St) AND IN THE MATTES Of SANWA (SINGAPORE) FOODS INDUSTRIES PRIVATE LIMITED (Incorporated la Singapore) (la Valuator? Lhpridotioa) At in Extraordinary General Meeting of die members of Sanwa (Singapore) Foods Industries Private Limited duly convened and held a> 300 Beach Road #03-00501 words
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Advertisement184 1995-08-18 24 r M THE MATTER OF THE COWPAMES ACT, CAP SO AND 1 THE MATTER Of AOWIIHM corn LTD Voluntary U^uMMon) *****8 I 111 IBlftl Ml Hill NOTICE IS HEREBY GIVEN pursuant to Section 308 of toe Companiee Act Cap 50, tost a Rnaf Mealing of too Members of toe abovenamed184 words
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Advertisement719 1995-08-18 24 BUSINESS T I TOL^?RBBTEI^^I^O^WI-ia^^^^X?TH-iase M THE MATTER OP THE COMPANIES ACT CAP. 80 AMD M THE MATTER OP TOTAL ALTRADES PTE LTD fN MEMBERS'VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Sartton 308 of the Comporiee Art. Cap. 90. that Vw RNAL MEETING of Via mambars of Vw719 words
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Advertisement293 1995-08-18 24 Ml THE MATTER OP THECOMPAMESACT. CAP JO AND Ml THE MATTER OF ASCOU A SCHIAVI CO. PTE LTD (te Members' Voluntary Liquidation) NOTICE OF SPECIAL AND OROMARY RESOLUTIONS (Pursuant to Sactlon 280(2Nb| At an Extraordinary Qansral MooOng of Vw Compsny hsta at 8 Psnsng Road #12-00 Park Mai. Stegspora 0823293 words
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Advertisement181 1995-08-18 24 rioalng eu*i mm low nmn UN Ml lIM PBMMI <— LO4 IN 104 UN MryPanfr O.MB OJU O.M O.M Sd9s laM laM IjM IJ> Putotahed by Jardme Renwig international Securities United (Incorporated m British VWgm Island) MANULIFE FINANCIAL DAVID ALLEN Dominic D'Alcssandro, President and Chief Executive Officer, Manulife Financial, is181 words
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SHIPPING TIMES
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Article554 1995-08-18 25 Knight-Ridder Reuter DRY bulk cargo markets mostly firmed on strong Atlantic rates but shipbrokers warned that ships could ballast if rates on the hitherto steady Pacific market start to fall. "The Atlantic's firming, the Pacific is steady but I think it could rise again," one shipbroker said. "IKnight-Ridder; Reuter - 554 words
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122 1995-08-18 25 Knight-Ridder ATHENS Greece's socialist government said yesterday it was considering ways of reopening Eleusis Shipyards, shut down unexpectedly earlier this week by shipowner Michael Peratikos. Industry minister Kostas Simitis said negotiations were underway with two state banks, Etva Bank and the Commercial Bank ofKnight-Ridder - 122 words
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Article309 1995-08-18 25 SES WO Aug 17 S$ Vol CWT Distribution 1.64 +0.01 4 Chuan Hup Holdings 1.28 +0.02 203 Cosco Investment 2.24 +0.11 1281 Far East Levingston 6.10 +0.10 322 GB Holdings Ltd 0.92 +0.075 246 Hai Sun Hup Group 0.89 -0.02 2084 Hitachi Zosen 1.03 +0.035 263 IMC Holdings309 words
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438 1995-08-18 25 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Sembawang Maritime Ltd (SML) has signed a joint-venture agreement with a Chinese company to develop the first full-fledged container distripark and "dry port" at a cost of US$lO million (5514.2 million) in Liaoning province438 words
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Article, Illustration460 1995-08-18 25 Alec Almazan - Shipbroker opens new office in Beijing Br Alec Almazan SINGAPORE International shipbrokers H Clarkson Co has reorganised its Singapore and Hongkong offices and opened a new office in Beijing in a bid to expand its presence in Asia. Clarkson, which has been operating under the460 words
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271 1995-08-18 25 Knight-Ridder LONDON Leading London and Norwegian tanker brokers have agreed to look at alternative trading systems after an announcement by top UK shipbrokers Clarkson and EA Gibson that they have given Reuters six months' notice on their existing equipment, Claus Waaler, managing director ofKnight-Ridder - 271 words
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191 1995-08-18 25 SINGAPORE The Port of Singapore Authority (PSA) has awarded 11 tenders for the provision of ferry, ticketing and travel services at the Tanah Merah Ferry Terminal. Safe Bintan Resort, SafeKNT Travel and Safe and Mansfield Travel Group clinched the tender to191 words
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272 1995-08-18 25 Bloomberg Business News NEW YORK Transportacion Maritima Mexicana, Mexico's biggest shipping company, has won a concession to operate a port facility in the Pacific coast city of Manzanillo and at the same time is expanding its rail and trucking business. 'Today the railBloomberg Business News - 272 words
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Article98 1995-08-18 25 Reuter SYDNEY Ferry operator Holyman Ltd yesterday said it has bought a catamaran ferry, which can carry 700 people and 180 cars, at a contract price of USS33.S4 million (5546.6 million). The ferry is currently under construction by InCat Australia. Holyman said 10 per cent of theReuter - 98 words
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195 1995-08-18 25 SINGAPORE Two verylarge crude carriers (VLCCs) collided off the south-west coast of Singapore early yesterday morning, but no oil was spilled. According to shipbrokers, the Hua San, managed by Ocean Tankers Pte Ltd of Singapore, collided with the Astro195 words
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171 1995-08-18 25 Knight-Ridder BOMBAY India is looking at projects worth US$4 billion (555.5 billion) for modernising and expanding its ports, the Business Line newspaper said on Wednesday. Projects being considered include: electricity plants exclusively for use of ports; expansion of oil and gas handlingKnight-Ridder - 171 words
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339 1995-08-18 25 Bermama LANGKAWI Lada Langkawi (Holdings) Sdn Bhd, a subsidiary of Langkawi Development Authority (Lada), expects to introduce its cargo service next month. Manager Adnan Abdul Rahman said Lada Langkawi, which operates passenger ferries between here and Kuala Kedah* Kuala Perlis and Satun,Bermama - 339 words
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Article, Illustration934 1995-08-18 26 Chris Gillis - The US and Britain have signed a pact permitting more direct flights between the two countries. Nine European nations have also signed bilateral agreements with the Americans and air forwarders are now looking to increased air cargo capacity. Chris Gillis looks at the implications Chris GillisAmerican Shipper - 934 words
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513 1995-08-18 26 ABC Coat 16 •ANL 3 •APL 12 Able 7 Accord 8 •Ahlers 6 •Ahrcnkiei 4 AnUco 13 •Appenship 4 A row ana IS As no g Austral 9 Avant 6 B'tang Mas 13 BSA 9 BTL 16 Bangladesh 12 Batamindo 7 Bengal Br513 words
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10420 1995-08-18 34 Iliis euide lists the sailing destinations from Singapore. The first date indicates the ETA at Singapore followed by the ETA at the destination. T The page number refers to the location of the schedule advertisement ETA n MmNaar VaaaM Mw n ETi w mri10,420 words
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SHIPS IN PORT
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Article587 1995-08-18 43 Hi B— fcrtwi P^aMt I Part •25 3/* n *>«P* 18.08/2000 (BT) Mi 3/15 J1 **M 1108/1400 8»»» MM N220 J2 Amp* 1101/2300 t Ma Mm 08/04/95 J10 to|gk 1108/2300 a*""*" 4 16/95 J3 1108/2300 •E T OIMn 1/8 71 J9/10 impdt 1108/0700 «Mraa*8» 9511 117/18 Map*587 words
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Article1623 1995-08-18 43 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO a* Hi Bt/m NS to (to* 0696 18/235) IB 17/1500 17/1669 17/1900 2A 17/1700 18/0659 11/0900 28 17/1700 18/0659 18/0900 3 11/0700 18/1159 18/1400 ka$m» 1838 20/1800 3 18/0700 18/1159 18/1400 4 18/1200 18/1469 18/1700 Bhum 215$ 20/0700 3 18/07001,623 words
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Article983 1995-08-18 43 THIS report, compiled by Cockett Marine Oil Ltd, stows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the individual983 words
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AIR & LAND TRANSPORT NEWS
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348 1995-08-18 44 UPI WARSAW Representatives of the Polish government and car factory FSO on Wednesday met officials from Daewoo Corp to hammer out details of an agreement that would give the South Korean manufacturer control over Poland's largest car making plant. DaewooUPI - 348 words
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286 1995-08-18 44 AFP BEIJING China's car industry remains in the doldrums, with manufacturers slashing prices this year as the government's tight credit policy continues to hit sales, the China Daily said yesterday. The report, quoting ministry of machinery officials, said sales had continued to fallAFP - 286 words
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Article, Illustration387 1995-08-18 44 UPI NEW YORK An Air France Concorde landed at New York's Kennedy airport at 7.16pm EDT (0016 GMT) on Wednesday, shattering the around-the-wortd speed record for a passenger plane. The supersonic An-glo-French built plane spanned the globe in 31 hours, 27 minutes and 49UPI; Reuter - 387 words
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216 1995-08-18 44 Reuter TOKYO A US ban on Japan Airlines doing maintenance work on US-registered aircraft will not cause it any major inconvenience, a JAL spokesman said. The action by the Federal Aviation Administration (FAA) of the United States "has not caused anyReuter - 216 words
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141 1995-08-18 44 Knight-Ridder NEW DELHI India will invite bids to build seven national highways, the Business Standard newspaper said yesterday. CN Ramdas, the secretary i|i the Surface Transport Ministry, said no contract will be given without a global competitive tender. The comments apparentlyKnight-Ridder - 141 words
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125 1995-08-18 44 Reuter FRANKFURT Singapore Airlines (SIA) said yesterday it will hold cargo rates ex-Germa-ny generally stable this autumn. Heinz Icha, the airline's Germany cargo manager, said, however, air cargo prices could go up for Japan and Korea. "We expect some increases but notReuter - 125 words
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237 1995-08-18 44 AFP TAIPEI Three US-based aerospace Arms have signed industrial cooperation agreements to buy Taiwan-made components and transfer know-how, economic officials said here yesterday. Taiwan's Industrial Development Bureau (IDB) director general Yin Chi-ming and Northrop Grumman Corp president William James inked the agreementAFP - 237 words
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276 1995-08-18 44 AP SEATTLE The local chapter of the National Air Traffic Controllers Association has disclosed yet another serious air traffic control problem the third in a week to hit the US. A computer glitch shut off radio communications between air-traffic controllers and pilotsAP - 276 words
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91 1995-08-18 44 Bloomberg Business News SHANGHAI China plans to invest 117 billion yuan (5519.9 billion) in its civil aviation industry between 1996 and 2000, the official Digest Weekly reported, citing a leading official of China's Civil Aviation Administration. The official said 70.5 billion yuan ofBloomberg Business News - 91 words
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Article113 1995-08-18 44 Bermama PETALING JAYA Sales of motor vehicles in Malaysia in the first six months of this year rose by 50.6 per cent to 127,564 units from 84,706 units in the corresponding period of 1994. "The figures are above expectations as we had forecast aBermama - 113 words
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95 1995-08-18 44 Bloomberg Business News MANILA Philippine Airlines filed a petition with the Civil Aeronautics Board to increase fares by 10 per cent for flights between Manila and the US West Coast to cover rising costs, Business World and Today reported. The financially strappedBloomberg Business News - 95 words
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Article81 1995-08-18 44 Reuter YANGON Myanmar's national carrier, Myanmar Airways International, made a net profit of US$2.l million (552.98 million) in fiscal 1995 ending March 31, the chairman said. Myanmar Airways chairman Tun Aung said the carrier, which was founded in 1993, had a strong year. "We carriedReuter - 81 words
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86 1995-08-18 44 Bloomberg Business News MELBOURNE General Motors Acceptance Corp, Australia, acquired a controlling interest in Holden National Leasing, a fleet-leasing company, for US$l3 million (5518.5 million) in cash, the carmaker said. The Detroit, Michigan-based carmaker said it bought a 74.9 per cent share in Holden, now calledBloomberg Business News - 86 words
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110 1995-08-18 44 AFP ATHENS Greek air traffic controllers have announced they would strike on two days next week to press their demands for better working conditions. The strikes, to be held Monday and Tuesday for three hours each day, will result in domestic and internationalAFP - 110 words
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Article1406 1995-08-18 44 AIRCRAFT ARRIVALS DEPARTURES a* ra mm m <MMM GA970 2125 M*Mi S0227 2230 AmM*B KLB37 1450 KL844 0110 SQ327 1530 KL838 2300 SQ086 2365 SQ348 2250 NZ073 1605 SQ2S5 2045 SQ288 2040 N2P74 2340 IMkpM BM21 1105 SQI82 0915 SQI8I 1410 BM22 1210 8M29 2030 BD96 1400 8B86 2115 8M301,406 words
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Page 25 Advertisements
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Advertisement31 1995-08-18 25 liiuyyyuißE WEEKLY LCL TO: Algechras Las palmas Barcelona Madrid Bilbao Tenerife Ceuta Valencia Transatlantic skies open widen Page 2 Daewoo in talks to take over Poland's largest car plant: Back Page31 words
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Advertisement295 1995-08-18 25 The Art of making money is first having the Craft ML. SHIP FINANCING cau us AT 2 2 ***** MAKIN* IT WITH TOI O DBS FINANCE I Hood OMct: 112 Robm»on Road, DBS Finance Buittng, Singapore 0106 National Shippers Council of Angola Angoloese Legislation in accordance with Decree No. 19/94295 words
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Advertisement865 1995-08-18 26 I n i —_l |i 1 I u |wi|i| —|i|ok| m |mmian mm I ml mi MM MB I UJ B l I nm tMp/M vm |m/m[ m/m v/m rmm I m/m I ii/M I iv»~ Ho "SLti 2F —"MfSP® -®SjP—"SEP- MB IJL 1 I c T w"—l*"•** n/w I'vwl865 words
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Advertisement134 1995-08-18 26 3 for aftvttt* anqtffes, contact Shfcp* Times: 2 Tel 740-2089/740-2090 mm AOfTYAPRAKABH mpf"' MVAMMMn H I WORU>MMPHK3N 2MB I |WORLOAMOMUT3I>QB QM» FttrVAMUKAM. -ft ft'bn—igAmamh itgii I Loiter TW4UNQ JmkkMk+mm*x* I OO9QCAK9OY UiMamwMnMMl ft QOMNNNNVX ftO<R>——RR—IMIMMM lUwfcgter t T* OCEMtFfIEND Loo A I{. f MN EXPRESS UltaMtoOM I aMBd a I134 words
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Advertisement1328 1995-08-18 27 WHOLESALE CENTRE, BLOCK 1, *03-10 SINGAPORE 0611 THj 77—a— (12 LINKS) FAXi 7777*10/*****28 TLXi WmiMffSOM rsswp vesa vor sum mm oestrum SWJWUO IV* 21/N 23/ M HUWN^MINMM fIVDMUD IVK 21/ M ft* IAUAMUSMftMIT ORfOMNO HHS 21/H 23/ M HIUKABCAJB WSM 21/* Z3/V 9WMMUWBMK 9ft Uf 11/W 21/H OM KMMmu m1,328 words
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Advertisement988 1995-08-18 27 (g) HANJIN SHIPPING IfWYtsa mim l—ml m m_L_au |i«i wi« ihmwiwi ii» iui wi H/W UfILLIiMJ mmmm if nm nm am KSEI2! SK M tt!) wwww iwr n'M nwii wS km Iwwlgm r£? 155 I*& 1 fffIUJMgJ yw» f* "ft*limp tw BS iw ft/it IwmiSiSkcuvb mm Inmlsa I w Im/hlk.wuw988 words
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Advertisement891 1995-08-18 28 _resa m mm* am tarn' ammm mm* Miami mwor mww —mrc ma. m n ia. jmmh HAS m 14 ifl m 1a M M IM M—numi 27/13® Wl IVI IV* 11/1 It* If=^EfEE|E=?EEgEEiEEgEEBE3IEESE ■m mll ?i *****1 iJKOiggmHOM NBTMUTM USTMUm MDOMBIA •MM WHOM ass,'- ssasaa swat, I wiH raw I891 words
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Advertisement877 1995-08-18 28 I NORASIA I VMM. VOV «N ALQ LAI BCL VAL HAM M NOT ANT FBL LHA nprw nw tarn nm rw nm um wm mm urn mm mm nm S. MUX nm MM IN IM U MM M« MM MM M t7« MM MABRBMRUR MM MM MM MM MM MM877 words
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Advertisement401 1995-08-18 28 JAPAN/HONOKONO/STRAITS REGULAR SCRVtCC I LOADING FOR PORT KLANQ/PENANO vnsa vot iiw p.mmm m —ITS BE fEZZBIIgI hrjoa j nim mpt amm cmsty a ham am •M.TM 1 23 MM aMM «atCT* 11 aMM nmm ftaS wHrrtMMorro n amm '"I HKIWtHT <4 nMM MMM I- YAYASANTURM M VMM I mtm l_401 words
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Advertisement1242 1995-08-18 29 ji J§ m STRAITS SHIPPING PTE LTD j 10 Hot Cklaii Road #11-01 Koppol Towers j KJB Singapore 0208 Tal: *****88 Fax: *****17 V wiw qwwa paowc um B----— SBSbT (ASiRVICiOf CHINA NAMOffION CO) CAMO OIIE SMLS straits hope vkme mm. kk. lm 11-19 a* ua* 21 a* i -".J1,242 words
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Advertisement1862 1995-08-18 29 COHtill|lA|*jß P&H P (Singapore Agencies) Pte Ltd If" First Class Connections WORLDWIDE CR Number *****9 *****Z j EXPORT IMPORT T COLOMBO BAY 5832 18/5 17/06 VMM OS/OS 06/09 |fo9 uSSyMAERSK HOB AMT OOT JOT NAM MMU IMi ALO JBO MM T*o CHESAPEAKE BAY 5633 18/08 lIKN 21/08 06/09 IcyD9 251,862 words
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Advertisement441 1995-08-18 29 ot,l woNP SL. JOH I MM I HKS MOTtM |KH|YO*|TOK[NAfi|KM|OSK MQJ jg» MM HM m MSI 12M UM IMM SUI |tM TIM ZIM OM "jii" ~SS~ "si~" MMHAI222MI7 MM 17M 2»-?1M |KM WT SH 9MT~Oi~ H« M 1 -®g— MMHAI 213M8 IMS tIM OMI M-HM IMM 2MI MM ~Fm I441 words
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Advertisement1048 1995-08-18 30 E. RENOWN RW-HI S "2? "Si MM IM IM E. GREET RE-OM 31/7 *1/1 "*5"5 S J E RACER RW-M 2M 1M 1M 17M 1M 2H E GLOWING RE-OJ2 7/S M M 1M 11/1 M U I. RESULT RW-M4 U IM IM IM MM aM E. GAADEN RE-MI 144 IM1,048 words
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Advertisement506 1995-08-18 30 Tm M I* rwr I* J MT««W TMM £S IMS r?w «S £5 £m I PtTRALJA BM2«JW >141 tW «M !4 n w H Hum concert 'Mi i«M urn tM MM I L -1 Iwwh wti-wwj nw smi 85 SSS SS I Ta*W tMT UMBO. EOHT BJZAgTH. CM WO DMAM*506 words
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Advertisement469 1995-08-18 30 IV TEL' *****33 (12 UNO) BL FAX *****18/*****03 n TB£X;WB ***** nwpuwwt CHN0:**********0E ■■p" 1 r (r fiii i—i um« of rmi aP fy• 7 n ACCEPTING FCL AND CONVENTIONAL Wrnil J Vtoy Loot** tor Abyot I 41WB 00/10 aUbtyWam J 4WW ami '144 ir|EN uuHfSi m«l§i 1 FULLY CONTAINERISED469 words
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Advertisement1778 1995-08-18 31 "y>W» Btrnm AfMs: lto (§—r»{): mim WNfMUif At—crOft: COSTAR SHIPPING PTE LTD **<—««»anm ctt»i-r auuuu* c—umm-m *rmmt i ti.7i7u ric liu w „tuM&sw c~—u—i 4tutu m im;n eSSSS£tSmm onSSTiSmri cam: im?mma ru.ttutm m**min ottunru Jmtm KwZnH 22 jOHOMiorncf r„ tztun IX'tnim UTMn-mmm-x costm MIHCHS IHISO* mo th: v-mrnmnn fo*. t/1,778 words
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Advertisement534 1995-08-18 31 FAMOUS CONTAINER LINES 80 ROBINSON ROAD, *22-02 SINGAPORE 0106 HOT LINE: *****33 (30 LINES) DIRECT SERVICE To 4 V- XINGANG ETD SIN: 23/8/95 CONTACT: SYLVIA/KEN SIM HOT LINE: *****33 (30 LINES) j llf S P KLANG PH: 0203/*****02 (10 UNES) PENANG PH: 0204/*****7 (10 LJNES) J. BAHRU PH: 0207-*****22 Imunwtn534 words
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Advertisement919 1995-08-18 32 If im Jn^^B^BUBUBB^^B VtBBgL VOV 8M JKT [VESSEL VOY WW PQ< |^B l!|mn H== 1 1 QOOO EASY- 008 W I InPt "7im 22/08 OUWU BHUM 8127 S 18/08 Tim HW 1 1ftAM Tu 4BA4am 21SS au_jML_r sa _jaa. thanabhum IMW ™g_jggg,wM HI dbBSP S~ SS HAWABtIW SB SSaa_ ilfiL919 words
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Advertisement138 1995-08-18 32 I uamvvefnr racfiic «*i*» n TIMBER PLYWOOD SERVICE TO U.K./COMTINEHT KXU S*PORE no. LOADS* FOR FLECHA 8U) SU) FLUfUTT/MfTAJK ADRIATIC PRESTIGE SU) 21* FUMWT/RNT/UK mamak nm mm mm rwwth»mtw 'Lotto lIMMMMII CONTIPAC SNIPPING PTE LTD TBLs SOSSBOS TUb MA ***** MUUIIA WW MA-CONTKAMS Ml MmL SISOS2 AfeM Mini LHAHM nrsnw138 words
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Advertisement654 1995-08-18 32 79 ANSON ROAD, #21-01, SINGAPORE 0207 CR **********0N PORT KLANQ PENANQ w«a iwr an m. nam. wrr m gg 1 SEA LAUREL 414W 1706 THU IMB FRI M ORAfiOHMAS 45W 17)06 SAT 21/08 MOW -S —SSSr Buiora :_aaz izom mlml XOURTWGGI ***** I&o6ffti 2006 SUN M XOUR SPORE ***** 2008654 words
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Advertisement503 1995-08-18 33 I BSAa ■■■■■immiimwhv MYANMA i K FIVE STAR UWE vtssa ma m pm to r npmb him su (U0 2S/M l ""B: l m IB 0MM7ai01 TO m 6M4-MIM62 TO IB 6M7-SSIISII/4 f NIGERIAN NATIONAL IP SHIPPING UNE VBSH VOT SM IMOS PTNM m M/M r THE BANK UNE (A503 words
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Advertisement745 1995-08-18 33 f PACIFIC INTERNATIONAL UNES (PTE) LTD I HO Cad ShoaL #03-00 PlLBufcing, Singapore 0100. I CR NO *****67P000E I I w mm cmbjib moo jmdaaj am mk mu w ma I I I KOTABBRAM BMtaiP <M 84/B Sl* 0/0 4/0 4/0 10TB 14/0 1M IM I jKOTA WUAYA WMM MA745 words
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Advertisement599 1995-08-18 33 |CH NO: HSSSi TW «N ~ITT IllllWill II ■■■mi AMI WO VUCVAOMA A KM? 2MI 99 U*» 99 vaigpHvnm HWWT aw ww» SIM tM» iw 99~ MiEKOTA WW OMM M am **i*QgvßA HW avid avn mo W* Wtb ALSO ACCEPHNO CAHOO TO ALL U." K. DGBTVMTIOM& 1 QCA»«M«A*i™<MM«M.roMioi^oonMMuwaiA > 3,599 words
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Advertisement27 1995-08-18 33 I 6EMARTRANB T1 i i -SHtae fife BS R MM MM 11/1 M/l MM MM II AIMS H/l MM MM W VMIS 8/1 »/l a jv jx^27 words
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Advertisement1678 1995-08-18 36 44 A 8 AGENTS: K" UNI (IRIQtfOM)PTV LTD (CTMft ttMfTMiWMMTWHmMMW7MM) TEL *****77 TELEX MWAK) R*****5 FAX *****16/7^9 ■l& T TlkTI? MALAYSIA: IT UNI MAfSTMS (MALAYSIA) SON BHD TiLSA *****00 PK *****75 PEN *****20 J8 *****01 PGU*****2&6 MDONESIA: P.T. SAHANALAUT SII— MA, THjJKTS22O6O6 m /MEBgag*"' m' v'jj-'■ 11 a'rWm ~N i1,678 words
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Advertisement493 1995-08-18 37 (A VMOLLY-fIMNED 9BSDMKY OF ML) Seabildge mwonowV MAINUNE: *****72 DIRECT CONSOLIDATION TO \mm mm am AT USD 80.00/RT++ SPECIAL DISCOUNT FOR ABOVE 5 CBM TRANSIT TIME: 10 DAYS FREQUENCY: FORTNIGHTLY OCEAN CARRIER LCL& FCL BL FOR BOOKINGS PLEASE CALL TEL *****72 *****49 ZURAIMI, VASANTHX KALA, FAJtOH, ANDY TEL EXT: 34,38,33,30,37493 words
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Advertisement347 1995-08-18 37 W SUNSHIP AGENCIES PTE LTD Iff 20 McCaMum Street $16-01/03 Asia Chambers Singapore 0106 Tak *****22 (10 Lines) FAX: *****06 CRNoj *****8 200 OOR ijL W* Y.S.N. I aWO»C»w9« 54 MK g-X hfW IMM J*-*" »mm w m .■rr w a lwl SI tfifll 11-11/1 IHV» IHW Tt j- aisfl347 words
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Advertisement1231 1995-08-18 38 ■E3BB3=aaHBB NEW WEEKLY SERVICE TO I BRAZIL WITH COMPETITIVE TRANSIT TIME CALL US NOW AT 2286-611. toy ETA I ETD DESTINATIONS >'■< «i wii PANAMA N«d »Mk sTH STONQ MARK MAERSK VJBOB MABttK LONG BEACH V.9606 ■■■■■■■■■■■■■II CV-2******HR8 CY2M 1200HRS CFB-22W0400HRS CFB 23/9 o*oo MRS ATL BAL CHS CLZ LOB1,231 words
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Advertisement522 1995-08-18 38 TO E. CANADA US ATLANTIC US GULF HOEQHDENE 0330 XSAUQ f**OU( N. ORLEANS SAVANNAH TAMRCO HOUSTON HOEOH CUPPER 0230 OVO6SEP 29 AUG 190 CT 220CT 250CT UW 16NOV fIMC^ HOEQH DRAKE 0432 24/agSEP 16SEP 08NOV 7?SoJ "Sol JITwV 03 DEC •PJlrtf VIA Tndm to apor» FROM INDONESIA, SPORE TO BELAWAN,522 words
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Advertisement349 1995-08-18 38 PHIU-OmCNT V** LIN(S PT€ LTD ®TEL *****00 (16 LINES) FAX: *****76/*****38 CR COOK **********0H JjMjf I SYDNEY, M&BOURNE,BRRBANE^^^^^^^^^aOAU^^| I AUCKLAND. WELLINGTON, LYTTLETON, 20 AUQ I I NAPgR, CHRWTCHURCH. NEW PLYMOUTH I LONDON. ROTTERDAM, HAMBURG, ANTWW I AND ALL MLAND DESTINATIONS WITHM EUROPE 21 AUQ I KOBE.TOKYo!oBAK>^^^^^^^^^^^^aOAU6^| BUSAN, MANILA, BANGKOK, P.KELANQ,349 words
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Advertisement780 1995-08-18 39 ACCEPTING LCL CARGO TO Singapore CFSdbhidby S5 n*ST forwarder in ETEB I M ASIA AWARDED wwy niwiiig vmymm<l t ISO 9002 BY LRQA 55 ton****!— —ESt r^rry— Qpi B, r wry a y /^^rSn I Imy "J""!/. gaUSEHL— /f fijV a\ IhwuM HttfUss 3 wfcji■ —Hi (I liyl I ftr780 words
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Advertisement320 1995-08-18 40 5 Singapore Soviet Shipping i A c# H CR NO: **********0N >ri r; bombay/cochin Moobl MY IH" 1 MM COC ROUMUTUAA MUTOn WH «7« euoMt to* ai/oa aim MIKHAMK fTUHAItO MKOtN IMB tWfflt OMI i- 0«A «uwv auwi ww arm r- BIHAMOUKVILU/PHMOIM PEMH/HAiPHOMG I?! fVWOB. WQV HM HI S« HPM320 words
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Advertisement117 1995-08-18 40 SIM FAR EAST 22/8 KEELUNG/KAOHSIUN6 20/8 BANGKOK 20/8 MANILA/CEBU 20/8 JAKARTA/BELAWAN/SURABAYA 20/8 PORT KELANG/PENANG/E. MALAYSIA 22/8 BUSAN 20/8 TOKYO/YOKO/KOBE/NGO/OSA 21/8 HONG KONG SIM CHINA (+B#±»ea) 21/8 GUANGZHOU/HUANGPU/SHENZHEN FUZHOU/XIAMEN/SHANTOU/SHEKOU DALIAN/SHANGHAI/XINGANG TIANJIN/QINGDAO/HAIKOU also accepting LCL cargo SIM EUROPE/UK 21/8 LDN/FLX/LVP/SOU 21/8 RDM/HAM/ANT/LEH/GOA/OSL/GOT/BCN also accepting cargo to Austria/ Hungary/Romania/Poland/Bulgaria/Czech. SIM USA/CANADA 21/8 LOS117 words
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Advertisement425 1995-08-18 40 I STAR SNIPPING AGENCIES (S) PTE LTD ONCOTAMBSaVKE GOiD STAR UNI LTD SETH SHIPPING CORPORATION TELEPHONE: 220-6666 (I UNES) PAX: *****70 Tafc *****12 (MAtPTHS) (d WO-**********0-0 N. AMBMCA/CARMCANSBVKES mSwmnm' nam Iwrl an laMtaa 1 1» gwwaw m 2MVH2U MM If/I X. JMUUUI Ti/i~ UN V/ 1 M/I W 0/| IUNMW«425 words
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Advertisement331 1995-08-18 40 TIGER BRIDGE 368N 2122KX 27-30W 040MW I TIGER BAY 3GON 24-2ftOe 30-0309 07-0&09 I mN »2a« 03-0&09 11-12 AM IH 1 1N 31-02 AW 06-1009 14-1&09 H 362N 04-0&09 10-12 AW 18-IMB TIGER BAY 383N 07-08W8 13-17/09 21-2309 1^ VESSEL VOY SIN CAL SIN |M TIGER RIVER 214CN8 18-iaoB 03-04/09331 words
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Advertisement243 1995-08-18 40 mm m» m am ww mm mm mm mm t»w Bin hum *1 Ml mm am vm Ivir —mmm mm mi tin mt urn vm ■wrmim iyi» am am k/II W I ■vmAuckHne I m mm em m. m. mmamm mm wn ggw ivw tyw Kiammmm mm ww x aw243 words
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Advertisement1191 1995-08-18 41 m* nm/ ma sahmw: p. vmM/umuou SOUTH BOUND BWwffO IS —jSjT" ijgff jJljlfl 4I» WOtTH IQUMP y y l^^" 8 w~ ~iss mm rar~ gin %6» COWYtHTKHUi SIKVKi g» |W JP>^|{ttfW|pAro|mpW|p>W| aHB SMAMM: FOAMAM SMPPMS PTI L» SLSHMMNtt:SMIMI I HLI7-MIMMFAX:O7-MHIM DIRECT FCL/LCL TO:- XINQANQ with Inland to All I Northorn1,191 words
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Advertisement71 1995-08-18 41 REfimfl HMWOBE WETmi SBIVIC^' war mo n* rro cwwiui ANaMMa" mPt Itm MMWniu ***** Mw emmn vm am mm wmnufraoNCMram OMOMM vm am mm ncmmunbm aqehts-MKOY BWPPWQ CO PTE UP u MMBTM MIMIPHM thj tatm HUL iiihw n im—V AIM MAIMVU WIEKIT ICI/Kl SIIVKI FROM FIN AM/PORT lIAM i CAJAN71 words
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Advertisement988 1995-08-18 42 AFGHANISTAN MAM Afghanistan Ltd., J£. HAfH Hairatan, Torghundi, Islamqala (Doqharun) ...■WM*«WB C.1.5./RUSSIA: Alma Ata. Ashkhabad, Baku, Dushanbe, LUUtzer Munch Irkutsk, Khabarovsk, Krasnoyarsk, Korsakov, Moscow, International Forwarders Novosobtrsk, Sochi, Tashkent, Tbilisi, Vladivostok, Vostochny Mongolia: Ulaan Bator N Korea: Pyongyang, Nampo EXPRESS CONTAINER SERVICE ■■■■ISuUiHIHIIHI to west coast south america ALSO ItCWH988 words
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Advertisement707 1995-08-18 42 AM MM CONTAINER Uilig liffi R*W»i»irti: >I*C Wt>lHliMMott(t4UW<)KUCHwa(iitoMw W l-NVV- Iwmoninii iwuniiM PWANfcfIXjaSdSJS BANGKOK: (002) *****67 SURABAYA' <S1) *****0 J.WfcANO:eM»IWWrr JKT: (21) <*****7 MO* <11)>44tP BMDUNft(U)4MMM I ASIA HKG/IWH/BKKj GENOA/EUROPE I PEN PKL SIN DAILY RECEIVING fih..rn/rh.n.>n*hnim/n«i« SSS X 16/8 17/8 HKG/BKK/KEE/KHH s"^ holm/o,l S5 2(VB 21/8 22/8 HKG/BKK/KEE/KHH ■2SKf/nt707 words
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Advertisement273 1995-08-18 42 SOUTHERN AFRICA SERVICE DIRECT MONTH! v vesa a sm n n tM a ASIAVI22 SU> SID SU> 19/00 2S/0G 02/09 TO* V 123 13/09 22/09 24/09 00/10 12/10 19/10 'Also calls E.L L P.E. MALAYSIA AGBITS: PORTKBANG TG. MAN IB: *****00 TB:34I200 SUI AGBITS: KOTAKMAIAUJ UMMJ IB: *****7 1B:77S0» T273 words
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Page 43 Miscellaneous
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Miscellaneous119 1995-08-18 43 REGIONAL WEATHER f LCGEMO-. R Thunderstorm Temperature c A V Showar W»olh«r —Y Wind (fraction with ip««d in knots Rain (J Cloudy Sky Wov h^9h Serfoc* wfa* ara Mfc*t*d by arrows »liid« fly witli tk* wind 0 On* hJ cwdm raprasents cakn or and variable winds J__ On* half flech*119 words
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