The Business Times, 24 September 1999
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1999-09-24
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The Business Times
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Title Section14 1999-09-24 1 THE BUSINESS TIMES MITA (P) 046/12/98 SINGAPORE Internet: http://b;!siness-times.asial .com.sg/ FRIDAY, SEPTEMBER 24,1999 85C14 words
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Article59 1999-09-24 1 sn (+0.74) BT-SBI 71AM (-9.99) SDBCinmmES 277J0 (-0.20) STOCK MARKET INDICES Thursday Change KLSE COMP ***** -14.08 NIKKEI Closed HANG SENG 13,214.44 +2*82 SET INDEX 400.46 -9.69 JAKARTA COMP §28.1? -1728 MANILA COMP _iW4J6 -1187 TAIPEI WPl dosed SEOUL COMP Closed CLfiA CHINA B 867J7 +0.36 AUST AIL59 words
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Article80 1999-09-24 1 FOBEX RATES us$ s* US$ 1-714 £(US$/S$ per 1.639 1788 ELRO(USS/S$ per E) 1046 1712 DM 1.870 0116 YEN 103.6 1.654 Rtf 1800 1.481 HK$ 7.767 0121 HAHT 4016 0.042 RL'PIAH 8126 0.020 St to 100 untfj PMME RATES SINGAPORE* 5.80 KUALA LUMPUR 755 JAKARTA 40.00 BANGKOK 10.00 MANILA80 words
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623 1999-09-24 1 Conrad Raj - p=i| exclusive Tampines Mail will be injected into the fund before a public flotation: sonrces By i Conrad Raj [SINGAPORE] DBS Land is planning to establish a bil-lion-dollar property fund called the Singapore Shopping Fund to purchase shopping malls in Singapore. The listed623 words
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Article, Illustration710 1999-09-24 1 Catherine Ong - Byi Catherine Ong [SINGAPORE] A well-con-nected Malaysian businessman, who is also the key figure behind a port being built in Johor to rival Singapore's, has emerged as a white knight for debt-ridden Goldtron Ltd. Mohd Taufik Abdullah, executive chairman of Johor Port Bhd andCHRIS LOH - 710 words
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735 1999-09-24 1 Eddie Toh - l -H exclusive Govt may want to break deadlock to help boost stock market ahead of general election From Eddie Toh in Kuala Lumpur FOLLOWING Tuesday's surprise cut in the exit tax on stock market profits, Malaysian authorities will now push for735 words
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Page 1 Advertisements
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Advertisement151 1999-09-24 1 wsmE i 8 Rnpiah tumbles, shares plunge Massive student demonstrations in Jakarta yesterday, coupled with reports of skirmishes between peace-keepers and Indonesian militia in East Timor, sent shivers through the country's financial markets, Pg 15 41 r j 'zj r r j n 1 r i r~~^ ISSUE pPhr j151 words
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THE next page
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Article, Illustration727 1999-09-24 2 Kalpana Rashiwala - Price is equal to a break-even cost of no more than $1,300 psfcJLLMD liy] Kalpana Rashiwala MCL Land, the listed property arm of Cycle Carriage, has bagged a prime freehold residential plot at Devonshire Road with an aggressive bid of $92 million.727 words
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374 1999-09-24 2 Wong Wei Kong - S'pore has an overall weighting of 7.19 in the index By Wong Wei Kong [SINGAPORE] Twelve Singapore companies will be part of the newly-launched Standard Poor's (S&P) Asia Pacific 100 Index. Singapore will have an overall weighting of 7.19 per374 words
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453 1999-09-24 2 Quak Hiang Whai - July retail sales see growth in volume, the first since September 1997. Quak Hiang Whai HONGKONG'S deflationary situation has worsened, judging by the 6.1 per cent drop in the consumer price index in August the biggest decline in 10 months. Based on453 words
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Page 2 Advertisements
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Advertisement46 1999-09-24 2 B V LG A R I The Scuba and Scuba Chrono watch. Automatic movement Jtjt Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 735 668 V and: Dickson Watch Jewellery. The Promenade 732 8900 C'cntrepoint 734 5K22 Suntec City Mall 336 487146 words
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Advertisement17 1999-09-24 2 Tanglin Mall, every third Saturday of the month, spm -11pm Buy h. Sell h. Fmd lt d17 words
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FOCUS 2000
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Article, Illustration529 1999-09-24 3 LARRY WEE - LABRY WEE argues the case for a stronger greenback, and reckons it will be somewhere between 551.70 and 551.72 by early 2000 LARRY WEE GIVEN the recent strength of the yen, it's not surprising that some analysts are saying it can go further testing 100 yenSource: Bridge - 529 words
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Article, Illustration619 1999-09-24 3 Phoon Geng Chee Singapore via Internet - MAILBAG Phoon Geng Chee Singapore via Internet I REFER to Malik Tahir's letter "Rest assured KL will catch up with Singapore" (BT, Sept 23). I will not speculate on the occupancy of Petronas Towers. Whether it is filled to the brim or to619 words
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130 1999-09-24 3 Derek Hodgkinson Singapore via Internet - Derek Hodgkinson Singapore via Internet I REFER to Malik Tahir's letter "Rest assured KL will catch up with Singapore" (BT, Sept 23). Singapore leads the race because it has an open and honest administration, a clear and rigorously applied rule of law, excellent infrastructure,130 words
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Page 3 Advertisements
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Advertisement51 1999-09-24 3 S8 at key 1.7150 level, Pg 6 Editorial: A dangerous Japan- US standoff, Pg 12 1 v. *v? .v How Do You Enhance The Legendary S-YARD Clubs? By Adding The New T. 302 Driver And T. 302 Fairway Woods Of Course. S S-YARD Distinctively lite No 1 Club ---Z I51 words
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SINGAPORE companies
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Article, Illustration470 1999-09-24 4 Quak Hiang Whai - Partners looking at co-investing in US, Asia Internet businesses From Quak Hiang Whai in Hongkong Pacific Century Cyberworks (PCC), a subsidiary of Singapore's Pacific Century Regional Developments and the company behind Hongkong's Cyber-Port project, has signed a US$35O million share swap with CMGIFILE PHOTO - 470 words
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751 1999-09-24 4 Jennifer Lien - Joint venture to be S'pore's 6th Internet service provider Jennifer Lien CREATIVE Technology shares soared $1.10 yesterday to $17.80 on news that the company would partner the Cable Wireless group to become Singapore's sixth Internet service provider. On the same day, chip distributor751 words
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Article, Illustration493 1999-09-24 4 Marissa Chew - By' Marissa Chew CONTRACT manufacturer Nat Steel Electronics (NEL) has expanded its fledgling original design manufacturing business (ODM) with its acquisition of a 30 per cent stake in Taiwan's Eumitcom Technology Inc. The acquisition is worth NT5226.8 million (5512.2 million) and will give NELARTHUR LEE - 493 words
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832 1999-09-24 4 Catherine Ong - locksiew Catherine Ong THE government's efforts in encouraging retail investors to invest their funds through profes-sionally-managed unit trusts are laudable. Unit trusts provide the small man with a well-diversified portfolio of financial assets and help him spread his risk and access markets832 words
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Article, Illustration564 1999-09-24 7 Carol Eng - Stake will be raised to 55% within next three years, says Han Cheng Fong By i Carol Eng DBS Land will make Vista Healthcare its main healthcare vehicle with an option to raise its stake to 55 per cent or US$45 million (Ss77564 words
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390 1999-09-24 7 Eugene Low - NEW LISTINGS First foreign firm to list on Sesdaq in US dollars By] Eugene Low PHILIPPINE-BASED Medtecs International Corp, which launched its initial public offer of 45 million shares yesterday, will be the first foreign company to list in US dollars on390 words
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267 1999-09-24 7 SEKSUN Precision Engineering is proposing an issue of 24.25 million detachable warrants in conjunction with a five-year transferable loan facility (TLF) of $15 million. The issue is in connection with the $15 million facility arranged by DBS Bank, which is managing the facility cum warrant267 words
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Article344 1999-09-24 7 Teh Hooi Ling - f¥ Teh Hooi Ling SEMBCORP Industries intends to retain a 5-10 per cent stake in associate Pacific Internet (PacNet) after it ropes in a strategic partner to help PacNet grow internationally. "The idea is to find a strategic partner that can help PacNet grow344 words
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223 1999-09-24 7 NAM Lee Pressed Metal Industries, a homegrown metal engineering specialist, has received in-principle approval from the Singapore stock exchange for a mainboard listing. In a statement yesterday, the company said it enjoyed good growth over the last five years. Group turnover rose223 words
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505 1999-09-24 7 Siow Li Sen - TAIWAN QUAKE Volatility expected when Taiwan index fntnres resume trade By I Siow Li Sen FUTURES traders here are bracing for a volatile resumption in the trading of Taiwan stock index futures on Monday following a trading suspension since Wednesday that has attracted505 words
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269 1999-09-24 8 CAM International Holdings, whose shareholders continue to wait in futility for its trading suspension to be lifted, yesterday said it has accepted an investment plan from a third-party investor. It had on Sept 14 accepted the written conditional proposal "from a third269 words
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454 1999-09-24 8 Marissa Chew - CORPORATE RESULTS SPP suffers $1.5 m loss; parent seen profitable for fall year but not SPP By Marissa Chew DIVERSIFIED Tuan Sing Holdings is back in the black but its subsidiary SPP remained mired in the red for the half-year ended454 words
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Article, Illustration336 1999-09-24 8 Results slightly above analysts' expectations FASHION wear retailer FJ Benjamin yesterday reported an $18 million loss for the year ended June 30, almost half the disastrous $33 million it lost a year ago. The figure, slightly better than analysts' consensus of $19.8 millionFILE PHOTO - 336 words
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COMPANY Briefs
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59 1999-09-24 8 PRECISION engineering group Armstrong Industrial Corporation has made a turnaround with an interim net profit of $835,000 compared to a net loss of $938,000 last year. Increased sales following the regional economic recovery and its own restructuring exercise were mainly responsible for the return to59 words
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Article86 1999-09-24 8 MANUFACTURER and exporter of leather hides and sofas Hwa Tat Lee Holdings has returned to the black with a profit of $3.2 million for the first half of this year. It posted a loss of $2.9 million in the same period last year.86 words
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104 1999-09-24 8 SEE Hup Seng, the Sesdaq-listed structural protection specialist, has reported a 16 per cent fall in net profits to $1 million for the six months ended June 30,1999. Turnover rose 7 per cent to $19.5 million. The company attributed the fall in104 words
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Article79 1999-09-24 8 LION Asiapac yesterday posted a 59 per cent drop in net earnings to $1.96 million for the year ended June 30. The company attributed the drop mainly to the relatively poor results of its dry cargo container business and the trading and distribution business in79 words
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Article68 1999-09-24 8 LIANG Huat Aluminium has posted a net profit of $2.3 million, reversing a loss of $4.3 million previously, as it tightened control on costs and improved productivity. It made an extraordinary loss of $671,000 from the sale of a subsidiary and properties. Turnover fell 34 per68 words
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Article108 1999-09-24 8 ALLIED Components yesterday reported a 94 per cent jump in net profit for the year ended June 30 to $5.4 million, even as turnover shrank a tad to $134.8 million. It recorded an extraordinary loss of $156,000 from the liquidation of an Indonesian subsidiary, resulting108 words
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Article116 1999-09-24 8 As of yesterday, 188 SES-listed companies had released their financial results for the six months ended June 30, 1999. They recorded a combined $4,238.3m in group profits, up 73.7% over the same period last year. The total included 20 foreign companies listed here If they were excluded, total116 words
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Page 4 Advertisements
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Advertisement118 1999-09-24 4 MioDino Academy Workstations| Stylisti and ergonomically designed, the ACADEMY workstation from MioDino is in a class of its own. Completely designed and manufactured in Italy, it consists of a whole new range of flexible components and accessories that allows you to plan your work space for maximum efficiency and privacy118 words
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Page 5 Advertisements
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Advertisement79 1999-09-24 5 Need to be buzzed on results of your IPO Applications? Need to be buzzed on results of your Bond Applications? r wi WrNeed to be buzzed on your unsuccessful GIRO transactions? Need to be buzzed on when to make payments to your OUB Bank and/or OUB Credit Card accounts? Need79 words
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SINGAPORE markets
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Article, Illustration190 1999-09-24 6 R Sivanithy - WARRANT WATCH -By R Sivanithy IT'S been some time since we looked through the Malaysian market for any valuable nuggets, so now is probably as good a time as any. There are actually hordes of cheap, long-dated warrants to choose190 words
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Article468 1999-09-24 6 Stocka Voluma AstanMicro 5c 24,156,000 •Owning Inl 13,879,000 PCI 25c 10,966,000 *TanChonglnt50c 7,833,000 TtonaWoon 10c 7,172,000 SingTel15c 6.794,000 NatSteei50c 4,863,000 Asia Food&Prop USS 4,219,000 Hotung mv NT5 4,007,000 NOL 3,544,000 Stocks DBS *****.108 SJA 31.990.452 C*yDev50c 22.155,469 SingTel 15c 19,893,809 NatE)ec10c— 19,376,641 PadficCentury 17,102,855 NatSteel50c 14,957,405 SPH 13,622,254 AaaanMicro 5c468 words
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Article, Illustration575 1999-09-24 6 r. sivanithy - h i J comment STOCK MARKETT r. sivanithy IT was the currency market that set the undertone for a nervous stockmarket session yesterday, with the Japanese yen's rise taking a back seat to a sudden attack on all regional currencies in the575 words
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Article, Illustration243 1999-09-24 6 Wong Wei Kong - HOT STOCK By' Wong Wei Kong SEMBCORP Industries shares closed higher yesterday, after the group finally announced the sale of bakery chain Delifrance Asia as part of its plans to divest non-core assets. The stock finished 2 cents higher at $2.03. It opened at $2.05,243 words
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Article80 1999-09-24 6 Friday, Sept 24 2.45pm. Launch of new fund by Aberdeen Asset Management 4pm. Sembawang Corp announcing formation of new subsidiary and joint venture. 5.16pm. Osprey Maritime's interim results. ThmOMad Ban^wfa 3pm. Bank of Thailand releases weekly report of the official foreign reserves figure and net forward loan80 words
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Article, Illustration505 1999-09-24 6 larry wee - I :ij comment CURRENCIES Fear that greenback is headed for test of 42J>0 baht and 9,500 rnpiah larry wee WHEN respected government officials try to stand in front of a speeding train, they lose credibility, as the Japanese have505 words
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Advertisement136 1999-09-24 6 Online Share Trading For Every $100 Commission receive a $25 voucher in our online share trading eq.com rewards programme Also learn more about eq.com Online Trading, where trading online has never been easier. You can trade shares, check quotes on stocks and indices. No access to a computer or the136 words
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Advertisement18 1999-09-24 6 Going to trade online? you need DBS investor Online Simply the best researcn Call 323-3955 today 831 HiSBANK18 words
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Advertisement82 1999-09-24 7 meßlecs INTERNATIONAL CORPORATION LIMITED (Incorporated in Bermuda on 26 November 1997) INITIAL PUBLIC OFFERING 45,000,000 Ordinary Shares Issue Price: US$O.lB each Placement Share 550.306 each Offer Share Applications for shares under the public offer may be made by way of printed Application Forms or Electronic Applications as referred to in82 words
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Advertisement377 1999-09-24 8 BP National University \fsp of Singapore Founded 1905 The Public Policy Programme of the Faculty of Arts and Social Sciences, National University of Singapore, invites applications for admission for the academic year *****001, commencing 10 July 2000. Developed in collaboration with Harvard University, the Programme creates an awareness of the377 words
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Advertisement78 1999-09-24 8 rrria THE WORLD'S LEADING OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS Since 1975 our worldwide staff of over 275 multi disciplined professionals including lawyers, chartered accountants, chartered I v secretaries and bankers have provided UB confidential and cost effective company formation in all the major low tax areas Incorporation Fees from78 words
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SINGAPORE news
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Article, Illustration487 1999-09-24 9 Carol Eng - I=i I analysis At the '96 peak, prime office space cost twice as much as choice condos Byy Carol Eng PRIME office space, which used to cost twice as much as choice residential condominiums, is now almost on par, if not cheaper,ARTHUR LEE - 487 words
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ON THE grapevine
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Article99 1999-09-24 9 WHAT does a top developer like Hong Leong chief Kwek Leng Beng read? Sharing his literary taste at a recent regional property conference, he named "The Good Earth" by Pearl S Buck. Mr Kwek quoted how the poor Chinese farmer Wang Lung in the novel "took earth from the99 words
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Article91 1999-09-24 9 SO Second Chance wants to go into retail property. But chairman Mohamed Salleh told reporters recently that its net tangible assets are only $23 million. Going by current rules, this means that whenever it wants to buy property exceeding $4.6 million or 20 per cent of NT91 words
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Article101 1999-09-24 9 WITH a flurry of collective sales expected after the new Land Titles (Strata) Amendment Act comes into effect next month, one developer wondered if the term "freehold" is becoming something of a misnomer. After all. the amendment allows a collective sale to go through with just 80101 words
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Article106 1999-09-24 9 IN his latest newsletter, technical analyst David Fuller proclaims: "The yen's surge is unsustainable. It should be remembered as Hayami's tsunami." Bank of Japan governor Masaru Hayami is "on the way to becoming public enemy No 1 in the eyes of the Japanese government". Why? "His106 words
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Article, Illustration306 1999-09-24 9 Marissa Chew - It expects to clinch more contracts there in next two years By\ Marissa Chew CHINA Construction (South Pacific), a subsidiary of China's top construction group, plans to focus on the Philippines in the next two vears. where more opportunities are opening up comparedCHRIS LOH - 306 words
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Article, Illustration607 1999-09-24 10 Anna Teo - pß:i|exclusive Firms prefer locals who are equally qualified or experienced as they cost less By. Anna Teo ANY disquiet among Singaporeans over foreigners taking away jobs from them is "most likely unfounded", a survey found. Singapore companies hire foreigners mainly for theirSource: IBRC, Nanyang Poly - 607 words
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Article, Illustration434 1999-09-24 10 Eugene Low - Monthly variable component hard to implement, say 25% By Eugene Low FIRMS here expect to give out higher salary increments next year than in 1999, according to a survey by human resource consultancy Watson Wyatt. A quarter of the companies surveyed alsoSource: Watson Wyatt - 434 words
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339 1999-09-24 10 Raju Chellam - By\ Raju Chellam A NEW service for marketers and advertisers to measure the effectiveness of their ads on the Internet will be launched here early next year. The service the first of its kind in the world comes from market research firm339 words
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NEWS Roundup
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Article56 1999-09-24 10 A SINGAPORE medical team left here yesterday for Taiwan to give medical help to the earthquake-stricken country. Their visit is a follow-up to the deployment of Singapore's Disaster Assistance Rescue Team (Dart). The team of five Singapore Armed Forces doctors and 12 medics were flown56 words
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Article64 1999-09-24 10 WOMEN entrepreneurs form one-quarter of the newly-elected 16-member executive council of the Association of Small and Medium Enterprises (ASME). Derek Goh, executive chairman of Serial Systems, is president of the council for the term 1999/2000. ASME said the high proportion of women in the64 words
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43 1999-09-24 10 THE American Chamber of Commerce in Singapore has announced a new chairman, Edward Gilbert, who will replace outgoing chairman, Gregory Brusberg, who has returned to the US. Mr Gilbert is a partner in Vinson and Elkins International Lawyers.43 words
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Article, Illustration469 1999-09-24 10 Ven Sreenivasan - There were only 4 applications for transfers this month By Ven Sreenivasan SINGAPORE Cricket Club (SCC) members must be a very satisfied lot, judging by the minuscule number of members who sold their memberships on the open market following the Sept 1 expiry ofFILE PHOTO - 469 words
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Article, Illustration299 1999-09-24 11 Audrey Tan - 157 =on the economy By, Audrey Tan INFLATION continued to edge up in August, as the economic recovery led to a pick-up in consumer prices. Data released yesterday by the Department of Statistics show a 0.9 per cent rise in the consumer price indexSource: Dept of Statistics - 299 words
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Article, Illustration421 1999-09-24 11 Siow Li Sen - Borrowers also get renovation loan, legal subsidy, and no penalty on early partial repayments n,, Siow Li Sen KEPPEL Tat Lee Bank is giving its bigger rivals a run for their money by offering a package that offers the lowest interest421 words
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Article, Illustration390 1999-09-24 11 Andrea Tan - Medical assistance firm set for listing within two years By. Andrea Tan INTERNATIONAL SOS, the world's largest medical assistance company, expects revenues to expand by at least 20 per cent this year, its president and chief executive officer told BT yesterday. "We390 words
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290 1999-09-24 11 Aug Wan May - Aug Wan May THREE Grand Hyatt hotels controlled by the Sultan of Brunei are among the first to provide broadband Internet access in guestrooms to meet business travellers' need for greater speed in communications. The service, called Worldroom Connect, allows guests to surf the290 words
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Advertisement171 1999-09-24 9 Asia A > s B TVif •i iW|ffff < i* kw-*■-*• I'M amrir"tii- ~?*-T; CJL V 1 *t|.. ••vT-«— .w J" Xree flights come easier with Asia's most rewarding frequent flyer programme, Asia Miles. You can now redeem your only Miles. That's an 40%. What's can along a *****.00. This171 words
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Advertisement49 1999-09-24 10 The course o£ true love never did run smooth. With so many beauties on display in The Straits Times Classified daily, it's no wonder our readers are easily tempted. Advertise in the Vehicles section (Classifications 302 to 394). Call C.A.T.S. at 1800-737-1166. i Buy Jt. Sell it. Find H.49 words
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Advertisement31 1999-09-24 11 It pays to fix your housing loan, EM 11 ,l o; > CELEBRATION^^^^^^^^ mwk 4 IfiSiHSffEyrww E53 ■^JKSSSSSS M»Iil It I'A'I»I *1 P ■iffw«ui4-....i»i.rwi'Twra OFF for Accessories! OFF for Spare Parts! a»^.^«^wtco»^oM*31 words
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EDITORIAL & opinion
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Article, Illustration797 1999-09-24 12 michael lewis - mm I bottom line OPINION michael lewis Michael Lewis, the author of "Liar's Poker" and "The New New Thing", a forthcoming book about Silicon Valley, is a columnist for Bloomberg News. His opinions don't necessarily represent those of Bloomberg News. Bloomberg ONLINE stock brokersBloomberg - 797 words
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Article112 1999-09-24 12 'At least we now know where the BOJ is confused. They don't understand basic monetary economics.' David Deßesa adjunct professor of finance at Yale This is a massive use.of the courts and laws in order to serve the political agendas of the powers that be. It is112 words
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Article678 1999-09-24 12 EDITORIAL THE standoff between Tokyo and Washington over the conduct of Japan's monetary policy is downright dangerous. It threatens to derail Japan's economic recovery and could well prove to be the straw that precipitates a collapse on Wall Street and the end of the US economic678 words
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Article, Illustration898 1999-09-24 12 Leon Hadar - His populist and nationalist rhetoric may force both parties to adopt a more protectionist agenda From Leon Hadar in Washington HE describes himself as a "Washington outsider" and a "rebel" who's leading the nation's have-nots as they storm the bastions of power898 words
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Article, Illustration931 1999-09-24 12 India's tussle with WWF WHILE the row between the Union Ministry of Environment and Forests and the World Wide Fund for Nature (WWF) over the distortion of Indian maps cannot be allowed to jeopardise the conservation of wildlife, a sovereign state cannot simply overlook consistent misrepresentation931 words
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MALAYSIA news
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Article, Illustration1152 1999-09-24 13 Eddie Toh - p:i|exclusive bane mergers Southern Bank's CEO cites shared values and friendship between major shareholders By I Eddie Toh [KUALA LUMPUR] UNLIKE the other bank merger plans in Malaysia, the proposed marriage between Southern Bank and Ban Hin Lee Bank is going to be1,152 words
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293 1999-09-24 13 Eddie Toh - From Eddie Toh in Kuala Lumpur SOUTHERN Bank set to be one of the six anchor banks in Malaysia is confident of beating the tight deadline to merge with Ban Hin Lee Bank and six finance companies. Chief executive director Tan Teong Hean293 words
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MARKET MOVES
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Article72 1999-09-24 13 IT was a day of "power play" in Malaysia. National utility company Tenaga Nasional shed 35 sen to 8.30 Malaysian ringgit on news that YTL Power has teamed up with Hongkong's CLP Power International to bid for Tenaga's thermal plants and other power generation assets72 words
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Article57 1999-09-24 13 WHILE Tenaga lost some ground yesterday, YTL Power closed unchanged at 3.30 Malaysian ringgit after rising to RM3.38. The closing price is still a shade below the price tag of RM3.39 per share, or RM3BB million (Ssl7s million), that CLP Power paid in acquiring a 5per cent57 words
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Article34 1999-09-24 13 TANJONG, the company controlled by Ananda Krishnan, managed to buck the trend, inching up 10 sen to 8.35 Malaysian ringgit. Analysts continue to promote the well-run company for its quality earnings.34 words
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Article29 1999-09-24 13 MALAYSIAN Resources Corp, another power producer in Malaysia, closed unchanged at 2.86 Malaysian ringgit. The counter has been dampened by poor cashflow and uncertainties over its future.29 words
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Article75 1999-09-24 13 Eddie Toh - Compiled by Eddie Toh MORE bad news for troubled Abrar Corporation, formerly controlled by Wan Muhamad Hasni Wan Sulaiman, a strong supporter of Anwar Ibrahim. Abrar is now in the final leg of transferring its 20 per cent stake in the Express Rail Link to a subsidiary75 words
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Article, Illustration394 1999-09-24 13 m KUALA LUMPUR AFXAsia MALAYAN Banking has entered into a memorandum of understanding with Edaran Otomobil Nasional (EON) and EON Bank for the proposed acquisition of EON Bank or EON Finance or both. Maybank said in a statement to the Kuala LumpurAFX- Asia - 394 words
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Article, Illustration210 1999-09-24 13 KUALA LUMPUR Reuters MALAYSIAN Finance Minister Daim Zainuddin yesterday named a high level panel to help to draw up a masterplan for the country's capital market. Markets regulator, the Securities Commission, said its chairman Ali Abdul Kadir will head the seven-memberReuters; FILE PHOTO - 210 words
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530 1999-09-24 13 KUALA LUMPUR Local investors nnlikely to be able to support market Bridge News MALAYSIAN stocks ended 1.95 per cent lower on continued political jitters and lack of buying interest, exacerbated by the strengthening yen and the fall on Wall Street overnight. TheBridge News - 530 words
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Article, Illustration304 1999-09-24 14 KUALA LUMPUR Dr M says govt will remain conservative in its projection MALAYSIA will maintain its gross domestic product (GDP) forecast of one per cent for this year despite private projections of higher expansion. Prime Minister Mahathir Mohamad said yesterday. The government will remain conservative304 words
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Article, Illustration432 1999-09-24 14 Vikram Khanna - SINGAPORE KL's other policy responses much like those of Bangkok, Seoul and had similar results IV Vikram Khanna THE impact of Malaysia's capital controls is difficult to gauge and its other policy responses to the crisis were broadly similar to those adoptedFILE PHOTO - 432 words
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MALAYSIA Briefs
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98 1999-09-24 14 Reuters [KUALA LUMPUR] A wholly-owned subsidiary of Telekom Malaysia Bhd has increased its stake in Digital Phone Company Ltd of Thailand to 46 per cent from 33.33 per cent. Telekom Malaysia International Sdn Bhd's additional stake comprised 70.187 million shares bought through aReuters - 98 words
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98 1999-09-24 14 Reuters [KUALA LUMPUR] Malaysia's state oil firm Petronas yesterday declined to comment on an offer by Indian Oil Corp (IOC) for a 26 per cent stake in a proposed joint venture petrochemical plant in northern India. "We have nothing to comment on at thisReuters - 98 words
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Article84 1999-09-24 14 AFX-Asia [KUALA LUMPUR] Kejora Harta Bhd said it was approached by Java Works Sdn Bhd to support the bid for Time Engineering Bhd on the understanding that Kejora will ultimately be the vehicle for the acquisition of Time should the bid be successful. Kejora saidAFX-Asia - 84 words
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77 1999-09-24 14 AFX-Asia [KUALA LUMPUR] Technology Resources Industries Bhd (TRI) said it is unaware of any plans by Samsudln Abu Hassan, of Kejora Harta and Cosway Corp, or any other party to acquire a controlling stake in the company. TRI, in a reply to the KualaAFX-Asia - 77 words
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120 1999-09-24 14 Bernama [KUALA LUMPUR] MBf Capital Bhd announced yesterday a group loss before tax 0f77.402 million Malaysian ringgit (5534.9 million) in the six-month period ended June 30,1999 against RM507.116 million in the same corresponding period in 1996. Group turnover fell 95 per cent to RM49.377Bernama - 120 words
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715 1999-09-24 14 ■KUALA LUMPUR But policy doesn't mean end to capital controls: analyst AFX-Asia THE elimination of the twotier levy system on repatriated profits in favour of a flat 10 per cent exit tax should facilitate the reinstatement of Malaysia into the MorganAFX-Asia - 715 words
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204 1999-09-24 14 KUALA LUMPUR Bernama PENGKALEN Holdings Bhd has reduced its group pre-tax loss by 76.9 per cent to 154.5 million Malaysian ringgit (5569.6 million) for the half year ended June 30 from RM668.9 million in 1998. In its unaudited results released hereBernama - 204 words
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Advertisement243 1999-09-24 14 KU/ CASIO. I fT" The dream s reality. MR-G. 1 "Wrist watches are too thin and just too easy f V to j 1 These are the words that sparked the G-SHOCK BL. j revolution that began in 1983 when the G-SHOCK made its debut. And every year since, exciting243 words
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FOCUS Indonesian crisis
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Article, Illustration851 1999-09-24 15 Shoeb Kagda - Student protests, E Timor send rupiah tumbling over 4%, shares down 3% From I Shoeb Kagda in Jakarta MASSIVE student demonstrations in Jakarta yesterday coupled with reports of skirmishes between peacekeepers and Indonesian militia in East Timor sent shivers through the country's financial markets causingREUTERS - 851 words
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443 1999-09-24 15 JAKARTA Debtors turning uncooperative, don't seem to be afraid: deputy chief Reuters, Bloomberg, AFXAsia INDONESIA'S key bank rescue agency said yesterday its debt restructuring efforts had been badly hit by a domestic bank scandal, as the country awaited the recommendations of a parliamentary teamReuters,; Bloomberg,; AFX- Asia - 443 words
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161 1999-09-24 15 JAKARTA Reuters INDONESIA'S central bank yesterday denied a newspaper report that recapitalisation of state banks had been delayed. Bank deputy governor Subarjo Joyosumarto was commenting on a local newspaper report which said the timeframe for recapitalisation had been extended to December from September.Reuters - 161 words
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Article, Illustration495 1999-09-24 15 AUCKLAND AFP NEW Zealand tourists are being urged to boycott the Indonesian resort of Bali because of events in East Timor. Auckland organisers of a "Boycott Bali Campaign" have been picketing Indonesian airline Garuda at Auckland International Airport, calling for tourists to.AFP; FILE PHOTO - 495 words
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Page 15 Advertisements
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Advertisement273 1999-09-24 15 INTERCONTINENTAL To make your stay even more enjoyable and now twice as rewarding, we'll give you double miles when you book Club Inter-Continental anywhere in Asia Pacific. Club Inter-Continental. Individual personal service. Twice the rewards. M INTER-CONTINENTAL. HOTELS AND RESORTS www. interconti .com For more information conditions contact Hotel or273 words
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Page 16 Advertisements
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Advertisement82 1999-09-24 16 jMfl Bk 1 ppßj| AT <»»*- «l t j§||® V' ''s'^^i.M B I V H& &§> j^ "*Sfc. K JB B < B J[- b| k Ik f K m V L L .3b' 9 Hk ■;> 1 KH 1. fl W llll. HL I J d|R& Jlk~. H JjIP82 words
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SOUTH-EAST asia
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427 1999-09-24 17 Al Labita - Govt plans to pot biggest bloc of shares in Philippine National Bank np for tender next year From, Al Labita ■in Manila THREE Singapore banks DBS Bank, Overseas Union Bank (OUB) and United Overseas Bank (UOB) are among the foreign investors427 words
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NOTE Book
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Article46 1999-09-24 17 Bridge News [JAKARTA] Indonesia's Asia Palp and Paper Company Ltd (APP) plans to raise US$5OO million (SsBs4 million) by listing its China operations on the Hong Kong Stock Exchange by the year-end, the Asian Wall Street Journal reported yesterday.—Bridge NewsBridge News - 46 words
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72 1999-09-24 17 AFX-Asia [MANILA] First Pacific Holdings Co Ltd said it has completed the acquisition of 40 per cent of PT Indofood Suk9es Makmur Tbk for US$6l5 million (Ssl.l billion). First Pacific said it agreed to acquire the Indofood stake from the Salim family and other investorsAFX-Asia - 72 words
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36 1999-09-24 17 AFX-Asia [MANILA] The Philippine stock exchange has deferred a decision <?n a plan to extend daily trading hours pending farther discussions with its member brokers, PSE governor Augusto Cosio said. —AFX-AsiaAFX-Asia - 36 words
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Article49 1999-09-24 17 Bloomberg [BANGKOK] Thailand, the world's largest grower of natural rubber, said it may reverse a decision to leave the International Natural Rubber Organisation (Inro) following demands by local traders and growers to remain a member of the group, which supports world rubber prices.—BloombergBloomberg - 49 words
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Article73 1999-09-24 17 Reuters [JAKARTA] Indonesia's PT Bank NISP said yesterday it will offer a five-year 250 billion rupiah bond (5551.3 million) on Sept 27 to 29. The bond will bear a fixed interest rate of 15 per cent for the first six months and a floating rateReuters - 73 words
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90 1999-09-24 17 AFP [HANOI] Vietnam's inflation eased in the month to Sept 22, official figures showed yesterday, signalling a downturn in the economy hit by fallout from the Asian financial crisis. Year-on-year inflation came in at 1.4 per cent for the month, according to theAFP - 90 words
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Article, Illustration50 1999-09-24 17 [KUALA LUMPUR] A zookeeper feeding giraffes at Malaysia's National Zoo in Kuala Lumpur yesterday. The zoo is usually quiet at this time of the year with visitors only during school holidays and might be closed during these times if not for corporate sponsorships. AFPAFP - 50 words
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154 1999-09-24 17 MANILA Reuters THE Philippine central bank has approved unlisted Manila Banking Corp's bid to acquire troubled thrift bank, Prime Savings Bank Inc, a senior central bank official said yesterday. Manila Bank plans to merge Prime Bank with another thrift bank it earlierReuters - 154 words
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Article, Illustration499 1999-09-24 17 BANGKOK R m s THAILAND'S baht currency slumped to its lowest levels against the dollar in more than a year yesterday on heavy selling by local corporates and dealers said it was time for the central bank to step in to halt theRms; Source: Bloomberg - 499 words
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Page 17 Advertisements
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Advertisement92 1999-09-24 17 I There're many ways I to treasure your fPTBfI memories r v hBI Rhema provides liftvan storage ■L;' b for personal effects you have no use for at the moment and do not 4 I wish to discard for sentimental or 9 other reasons. m 1 fl Store your surplus92 words
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Advertisement286 1999-09-24 17 V v x v^-^* "Ni* ">. 1 V -r.-^"^^-. v- Nf -~r_ N o X. x S», s .JJfc V -W •i > "*&> J *sr* ir ft. :f\ f Jr 3 rf- C ,<-J*> y r *y A jPJT r < m ,Jr' t v *L -V <# wr*286 words
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EAST asia
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793 1999-09-24 18 Analysts and property agents say the government's housing policy is creating a property glut Bridge News HONGKONG WITH the gov eminent pledging to uphold its housing target of an annual supply of 85,000 residential units, apartments in Hongkong are no longer viewedBridge News - 793 words
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Article, Illustration349 1999-09-24 18 Meera Tharmaratnam - Pmrti Meera Tharmaratnam in Hongkong NEXT Media Publication's Jimmy Lai may be facing an advertising boycott from fellow Hongkong businessmen, the Asian Wall Street Journal reported. The newspaper said yesterday that a half-dozen frequent advertisers from big property groups to trading companiesFILE PHOTO - 349 words
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426 1999-09-24 18 SINGAPORE Oil firm hopes to get US$B-s9b via IPO next yean sources Reuters STATE-OWNED China National Petroleum Corp (CNPC) aims to raise US$B-$9 billion through an initial public offering (IPO) exercise expected some time next year, Chinese industry sources said yesterday.Reuters - 426 words
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164 1999-09-24 18 HONGKONG HONGKONG-based luxury hotel group Mandarin Oriental International Ltd said yesterday it will build a hotel in New York in a US$2OO million (***** million) joint venture with US real estate developers and investors. Mandarin Oriental said in a statement it will manage164 words
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Article, Illustration483 1999-09-24 19 TAIWAN QUAKE DISASTER Sector's total loss estimated at NTs6.7b; facilities in good shape AFP [TAIPEI] Taiwan's information technology (IT) sector has largely weathered the killer earthquake that struck the island this week despite a short-term setback to production, analysts and officials said yesterday.AFP; REUTERS - 483 words
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377 1999-09-24 19 TAIPEI Reuters TAIWAN has trimmed its 1999 economic growth target to 5.5 per cent, but officials said yesterday a post-quake reconstruction boom should drive growth beyond 6 per cent in 2000. Taiwan's economic ministry said it now expected the economy to grow 5.5Reuters - 377 words
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Article, Illustration333 1999-09-24 19 BEIJING Govt wants check on equipment to ensure they have official stickers Reuters CHINA is launching a campaign which amounts to enforcing quotas on foreignmade mobile phones and other telecommunications equipment, industry executives said yesterday. State media said there would be a nationwide check of telecommunicationsReuters - 333 words
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Page 18 Advertisements
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Advertisement95 1999-09-24 18 oroh£D ft 3 W Holidays sunny Holidays OFFER YOU The mega mix and match Personalised Holiday Programme In conjunction with Thai Airways International J1 A .<Li" 1 I j j gLr^— ■BBr There's something PA 7 Destinations includin 9 Thailand, Asia-Pacific, XTMp Europe <£ Middle East 1 111 KA rjl95 words
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Page 19 Advertisements
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Advertisement1206 1999-09-24 19 Noble group limited (Incorporated in Bermuda with limited liability) Interim results announcement for the half-year period ended 30 June 1999 The Board of Directors of Noble Group Limited present to you below the unaudited financial results of the company for the first six months of 1999. Positive trends in many1,206 words
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SOUTH asia
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596 1999-09-24 20 BOMBAY Infrastructure devt policies likely to be in place by 2001 and will propel growth Reuters THE Indian economy may not do very well this year but is an attractive long-term investment, the regional economist at SG Asia Securities said yesterday. "Looking longerReuters - 596 words
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236 1999-09-24 20 BOMBAY Bloomberg SHARES of ICICI Ltd, India's second-biggest lender, surged 6.9 per cent to 92.35 rupees as investor interest in the stock rose after its American depositary shares (ADS) began trading at a premium to their initial offer price in New YorkBloomberg - 236 words
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Article, Illustration268 1999-09-24 20 NEW DELHI AFP INDIA will usher in stock trading on the Web in less than a year, with brokers already putting key infrastructure in place, a software expert said yesterday. "India will kick off trading on the Web by April 2000," saidAFP - 268 words
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569 1999-09-24 20 mCOLOMBO Govt looking for lead manager for listing on Colombo, int'l bourse or both Reuters SRI Lanka said yesterday it was seeking an adviser and lead manager for its proposed public share issue of Sri Lankan Telecom Ltd, days after the collapse of talksReuters - 569 words
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Page 20 Advertisements
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Advertisement132 1999-09-24 20 rn -OLOUR THEIR PERCEPT lONS. v\ w 1 s ,~^a|^ Hp'-. v m *msio^ You are what you wear. And with the Motorola V-Series, in brand-new metallic finishes with chrome trim, you'll turn everyone green. Party animal? Radar Blue is for you. Fancy yourself'a cool hand? Then Light Titanium is132 words
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FOCUS imf report
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Article, Illustration721 1999-09-24 21 ASIA But IMF report warns corporate reform is lagging in the region AFP [WASHINGTON] THE crisis-hit economies of Asia have improved in recent months, with growth now expected for 1999 in almost all the countries in the region, the International Monetary Fund (IMF) said.AFP; Source: IMF - 721 words
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Article589 1999-09-24 21 UNITED STATES AFP [WASHINGTON] The International Monetary Fund (IMF) warned on Wednesday that current US economic momentum is unsustainable and may soon have to be curbed through higher interest rates. "There is no doubt that in the period ahead a significant slowdown to sustainable levelsAFP - 589 words
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Article442 1999-09-24 21 JAPAN Concerns about inflation, financial system have abated; export gains seen AFP [WASHINGTON] The IMF yesterday offered a surprisingly upbeat assessment of Japanese economic prospects as it sharply upgraded its 1999 growth forecast for Tokyo to one per cent from its April projection. "There are increasing signsAFP - 442 words
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Page 21 Advertisements
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Advertisement8 1999-09-24 21 Why Ted unlikely to up rates, Pg 28 words
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Advertisement121 1999-09-24 21 COLOURS. Don't be the life of the party Be the party With the Motorola V-series. in gleaming new metallic finishes, complemented with glossy chrome trim And whether you happen to be a cool, classy sophisticate or an allout fun-loving go-getter, you get to choose from Radar Blue. Light Titanium and121 words
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WORLD news
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Article, Illustration829 1999-09-24 22 TOKYO The deal, which may be signed next week, will make it the first foreign owner of a Japanese bank Bloomberg AS Japan's government nears a decision on the fate of the insolvent Long-Term Credit Bank of Japan, specialistBloomberg - 829 words
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850 1999-09-24 22 Computers the long, slow road to paying bills WASHINGTON Most bills still have to be paid by a paper cheque Washington Post AFTER paying bills from his desktop computer for several months through an electronic bill-paying service at Bank of America, Ernest E Rosemond became irked recently when he noticedWashington Post - 850 words
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495 1999-09-24 22 TOKYO No control over what they can charge come Oct 1 Reuters JAPAN'S brokerage sector, one of the best-performing sectors this year on the Tokyo Stock Exchange, is bracing for a price war over broking commissions due to start in just seven days.Reuters - 495 words
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Article, Illustration43 1999-09-24 22 [TOKYO] A digital clock marking the 100 day countdown to the end of the year and the start of year 2000 at Tokyo Disneyland in Urayasu, suburban Tokyo, yesterday. Tokyo Disneyland will have some special events for the millennium celebration. AFPAFP - 43 words
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Article143 1999-09-24 22 WASHINGTON Bloomberg THE US economy is expanding at a brisk pace with tight labour markets and few price pressures, the Federal Reserve said on Wednesday, a combination that suggests the central bank is unlikely to raise interest rates again next month. The Fed's latestBloomberg - 143 words
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402 1999-09-24 22 D Ravi Kanth - Prom D Ravi Kanth in Geneva THE World Trade Organisation (WTO) began a crucial meeting yesterday to prepare the road map for a new round of global trade negotiations with the European Union and the United States sharply divided on how the402 words
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Article, Illustration1050 1999-09-24 24 NEW YORK 6M, oil producers, technology firms, financial-services companies expected to chalk np strong gains, say analysts Bloomberg US companies' third-quarter profits are forecast to surge by at least 20 per cent, the biggest quarterly gain in more than fourBloomberg; Source: Bloomberg - 1,050 words
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Article, Illustration619 1999-09-24 24 WASHINGTON US congressional panel chief wants them to use decimal share prices first Bloomberg THE head of a congressional finance panel wants the New York Stock Exchange and the Nasdaq Stock Market to delay planned public offerings until after they introduce decimal shareBloomberg; FILE PHOTOS - 619 words
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647 1999-09-24 24 NEW YORK Reuters US tobacco companies, led by industry leader Philip Morris Cos Inc, vowed not to settle the civil lawsuit filed on Wednesday by the Justice Department seeking to recover the US$2O billion (5534.2 billion) in smoking-relatedReuters - 647 words
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223 1999-09-24 24 WASHINGTON Bloomberg THE Nasdaq Stock Market said MCI World Com Inc finished installing a new trading system ahead of schedule, doubling the market's trading capacity to four billion shares a day. The new system will be able to handle the trades at doubleBloomberg - 223 words
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281 1999-09-24 24 NEW YORK Bloomberg BELL Atlantic Corp said plans to combine its US wireless operations with those owned by Vodafone AirTouch Pic will cut earnings by 7 per cent a share in the first year after its completes its purchaseBloomberg - 281 words
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232 1999-09-24 24 NEW YORK Bloomberg MERRILL Lynch Co, the biggest US brokerage, introduced a security that allows investors to own a basket of 20 Internet stocks. The firm on Wednesday sold 3.77 million of the shares, known as Internet Holdrs, for more than US$4OOBloomberg - 232 words
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Page 22 Advertisements
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Advertisement184 1999-09-24 22 A one day exclusive seminar for CEO's and Senior Managers in Learn how hundreds of CECs and Senior Managers in North America, Australia and Asia have been inspired to propel their organisations into the next millenium. Ideal for financial institutions, professional services, trading organisations and every other industries. You cannot184 words
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Page 23 Advertisements
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Advertisement128 1999-09-24 23 THE ONLY 2-LITRE EUROPEAN CAR WITH A 5-YEAR/ioo,oookm WARRANTY. The Ford Mondeo now comes with a 5-year/ioo,oookm warranty the best in the industry. It's the car that assures complete motoring confidence and higher resale value $125,800 w/coe I DON'T WAIT IMMEDIATE REGISTRATION. LIMITED UNITS ONLY. OFFER ENDS THIS WEEKEND 3-year/60,000km128 words
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Page 24 Advertisements
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Advertisement21 1999-09-24 24 Lost fliw Try finding it at Classification 821 (Found) of The Straits Times Classified. CATJSI Buy h Sd K Hnd k.21 words
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FINANCE & commodities
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264 1999-09-24 25 Daphne Tay, Jardine Fleming - Slftii-i a. Report MS& Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market had a mixed and quiet session yesterday with several major Asian markets closed for trading. The benchmark Straits Times Index opened lower but managed to shake off the blues264 words
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306 1999-09-24 25 ENERGY REPORT Reuters [LONDON] Crude oil prices powered ahead by more than 40 US cents within minutes of opening yesterday, inspired by Opec's decision to stand firm on supply cuts that have doubled prices this year. Benchmark Brent crude blendReuters - 306 words
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171 1999-09-24 25 Reuters [JOHANNESBURG! Zambia's Mines Minister Syamukayumbu Syamujaye said yesterday the government was still weighing options for its giant copper industry after a failed privatisation bid last month. Mr Syamujaye told Reuters in a telephone interview from Lusaka that the options included ongoing talks withReuters - 171 words
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Article313 1999-09-24 25 Reuters, Bloomberg London THE dollar checked its recent long fall against the yen yesterday, clinging to the 104 yen level as traders thought twice about selling the dollar so close to the Group of Seven rich nations meeting this weekend. Currency traders have been selling dollars and buyingReuters,; Bloomberg - 313 words
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Article, Illustration1261 1999-09-24 25 HTBRBAME CROSS RATES sep23 A$ C$ Ian Ffr Pw HK$ Ind Is Yan Wow Ml ltt$htl» Nm S$ UX Sfr MT$ Bafct Hmt US$ Australia 0.952 6.178 0.620 4.066 1712 1035 ***** ***** 0.672 7.828 2.464 1.238 33.588 ***** 11U 3.934 a994 20.619 26.545 0297 0448 Canada 1050 5650 0.6511,261 words
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Article1711 1999-09-24 25 SICOM FUTURES Sep 23 IMKR (Mm ctashe m at SJOpa) RSS1 CONTRACTS cants/lq) ClOM VotaM OpM MOfldl M|k Oct 99 96.50 300 300 Nov 99 100.00 300 Dec 99 103.00 300 900 Jan/Mar 00 107.75 300 Apr/Jun 00 m.75 Jul/Sep 00 W4.75 RSS 3 CONTRACT (US c«bA>) VotaM OpM Montii1,711 words
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STOCKS east asia
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Article, Illustration2674 1999-09-24 26 HONGKONG Reuters HONGKONG stocks closed slightly higher yesterday, with blue chips largely in limbo as investors again focused on technology stocks instead. The Hang Seng Index closed up 26.82 points, or 0.2 per cent, at 13,214.44. Turnover was HKSB.29 billion, downReuters - 2,674 words
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Article, Illustration1050 1999-09-24 26 Reuters n Shenzhen B Index -0.6 SHENZHEN'S hard currency B shares closed lower in thin trade yesterday as investors turned to a major domestic A share offer by the Shanghai Pudong Development Bank. The B share index edged down 0.6 point, or 0.67 per cent, to 88.79 on thinReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 1,050 words
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Page 26 Advertisements
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Advertisement319 1999-09-24 26 The Tokyo and Taipei markets were closed yesterday Kir"! I|~ TT a ..Li i iQ'-iJa X I 'I "l" Kin*! fi"" TT iC.K-iO c X nl* TT f*-4Cl*f IC tt •iO a l *X I r NCI |C TT K T f Hp (C TT 11 tij s i iciic319 words
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STOCKS klse
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Article, Illustration420 1999-09-24 27 AFP, AFX-Asia Q Composite Index -14-08 MALAYSIAN share prices closed 2 per cent lower yesterday as concerns over Wall Street's weakness dampened sentiment, dealers said. The Kuala Lumpur Stock Exchange Composite Index fell 14.08 points to finish at 707.09 and the SecondAFP,; AFX-Asia - 420 words
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Article7876 1999-09-24 27 INDUSTRIALS Cormmmt products 1999 Lett Vol Day Mot Coo High Low Company Solo JOOO High Low W m 440 255 Ajinomoto 310 197 JJJ* 174 46 Anqkasa 99 -6 28 101 99 1555 404 220 Apollo Food Hlg 330 unch 1 330 330 113 132.0 294 115 BerjayaLand 176 -137,876 words
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Page 27 Advertisements
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Page 28 Advertisements
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Advertisement1499 1999-09-24 28 .v J. tf* .-V y>\ w To make the right decision at the right time, what you need is the right information. Which is why for 23 years, investors have subscribed to Singapore's leading business daily. Whether it's exploring macro-economic issues or exposing wild market INTELLIGENCE CHANGES EVERYTHING rumour Th«1,499 words
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Advertisement280 1999-09-24 28 GENERAL SPORTS PTE. LTD. (IN PROVISIONAL LIQUIDATION NOTICE TO CREDITORS OF FIRST MEETING Notice is hereby given that the first meeting of creditors of the company will be held at 988 Amoy Street Singapore *****8 on the sth day of October 1999 at 11.00 a.m. To entitle you to vote280 words
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Advertisement81 1999-09-24 28 J* i^BK^Bjg!?' m j[^Wmjjt 'i^K A|HV JwZ 5,- «*^/f r j The Shipping Times now features a full page of logistics news on Thursday every fortnight. Current trends, latest developments with specialist writers providing expert analyses and giving you valuable insights into logistics companies that make a difference with their81 words
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Article2949 1999-09-24 29 TURNOVER ('OOO) VALUE COOO) M£ m t»«K mm S«N T»«rt Multi tnd 18.203 '&203 38,986 38.986 Manufacture 46.409 37,947 84,356 94,338 23,194 117,532 Commarca 16,614 1.172 17,786 21.033 7S7 21.790 Tpt/5 tor/Com 22.444 547 22.991 68,291 296 68.587 rinanca 13J02 13,302 107.557 *****7 Construction 2.781 2,939 5,720 1,6962,949 words
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REGIONAL stocks
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Article, Illustration833 1999-09-24 29 AFP □set Index -9.it THAI share prices closed 2.4 per cent lower yesterday, with investors concerned over the ongoing slide in the value of the baht, dealers said. Continued selling by foreign investors prompted local speculators to follow suit, which dragged the market sharply lower, they said. The StockAFP - 833 words
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Article285 1999-09-24 29 AFP -LIS NEW Zealand stocks eased slightly yesterday despite bet-ter-than-expected current account data, dealers said. The NZSE-40 Capital Index closed down 1.15 points at 2,063.83 on total turnover of NZ$56 million less than half of Wednesday's level. Trading was fairly quiet, said David Price at Credit Suisse First Boston.AFP - 285 words
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Article, Illustration747 1999-09-24 29 AFP P Composite h>de» -17.28 INDONESIAN share prices closed 3.2 per cent lower yesterday with investors nervous over shooting incidents in East Timor and student protests against a national security bill, dealers said. A dealer with a joint-ven-ture brokerage said the demonstrations against the national security bill were theAFP - 747 words
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Article283 1999-09-24 29 AFP □Manila JM7 PHILIPPINE share prices closed lower yesterday. The Composite Index fell 12.87 points to finish at 2,094.86. Volume totalled 5.1 billion shares worth 3.1 billion pesos. —AFP Sap 23 fasa roow Abacus Construction 2.40 -0.04 23 Abort u Equity 2 38 0.04 1439 ABS CBN Broadcasting 40AFP - 283 words
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Article572 1999-09-24 29 AFP HAfl Primaries »2SJ AUSTRALIAN shares closed up 0.9 per cent yesterday thanks to selective buying of blue chips as the market shrugged off a negative lead from Wall Street. The All Ordinaries Index added 25.6 points to close at 2,927.30. The All Industrials Index stacked on 40.3 pointsAFP - 572 words
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Page 29 Advertisements
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Advertisement73 1999-09-24 29 "My watches are a hundred years behind tlie times flfiflHfc A certain unrest keeps going. I Jon to ma^e watches, I want to continually improve them. the same aesthetic clarity, This step backward is really CHRONOSW ISS Fiszj nation der Mechanik "y"y M a step forward. An uncommon philosophy in73 words
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Advertisement28 1999-09-24 29 The Seonl market, was dosed yesterday miKßm flaw your cue! Your weekly guide to pubs and lounqes every Friday in The New Paper Fastads rr+rm cMf~ i rastaas28 words
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Page 30 Advertisements
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Advertisement71 1999-09-24 30 New Name, Same Commitment. Every hour of every day, we're here to help. International =sos An AEA Company AEA International's acquisition of International SOS Assistance has created the world's largest medical assistance group for the management of international medical risk. We now have a new name International SOS and a71 words
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Article7625 1999-09-24 31 MAIN BOARD Transaction date: Sep 23 Cr Or M Wt 52-Wk Last Vo< Day Last Ouot. DJv V* VM Hat Cap A»g HH8 Law S«M» Cawipiny Sata COOP) Hl+h L— Buyr 5Har Cw P/« MMLTHNBUSTRY 182 17.5 mb 1000 Acma50c 120 cd *4 65 120 118 119 1207,625 words
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Page 31 Advertisements
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Advertisement56 1999-09-24 31 I'm so happ> i i i Wy I found my pet through great ,ust Uke W The Snaits Times Classified. a j L j J. \lm going to take real good A -•jM. I'll be right ov BUjHltf Of Selliflfi tflTOUfih fpyjgF The Straits Times Classified is child's play. Jfel56 words
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Page 32 Advertisements
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Advertisement66 1999-09-24 32 >1^ fm I The sHs|i99 Honda CE-V. I tfW -Ml EL- T l n *Ti r MTfc IlHM^l^Tli^lM^lr^Wffm^ iBMRHPiKMmfIM Ijß JBlb^—J mJr MkiaU BF mm mm m 'MkitHm 9 iwfe, l§M i a""-" ;iH Hk iS -nrt rrfiHjMii"-/ BBm iiitiiiiiiiilß |11 J ttk KAHIMsm M MEMBER OF THE ORIENTAL HOLDINGS66 words
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EXECUTIVE Lifestyle
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Article, Illustration733 1999-09-24 33 jaime ee - Blithe cuff jaime ee I'VE RECENTLY acquired a copy of the latest talkedabout magazine in the US, Talk, a new title created by publishing diva Tina Brown, who'd been headhunted by the Miramax guys from her influential seat at The New Yorker to create yet another magazine.733 words
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PEOPLE: THE ART AFICIONADOS
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STRAWS In The Wind
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Article83 1999-09-24 34 SERVICE in this city has never been great but how low can it sink? A couple were at a coffeehouse, waiting for a pot of tea. When the cup came, it had a stain on the inside, so they called the waitress over and83 words
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Article82 1999-09-24 34 IN THE heat of the competition, sportsmen can get rather carried away. Here are some platitudes that a few sporting greats have mouthed. As they say, no brain, no pain. "He dribbles a lot and the opposition don't like it you can see it all over their faces." "I82 words
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Article41 1999-09-24 34 WE RECENTLY received a letter announcing a press briefing by "two miniature golf experts from Germany" who are here to inspect and certify our "standard of miniature golf'. No, they weren't talking about Lilliputian golfers, just the non-professionals.41 words
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Article, Illustration834 1999-09-24 34 TAN SU YEN - Andrew Tjioe and his father Zhou Yingnan are both ardent admirers of Chinese art They talk to tam su ten about their common passion TAN SU YEN ANDREW TJIOE, 40, and his father, Zhou Yingnan, 71, are best known as the owners of the 15-restaurant Tung Lok Group.SIEW YAW HOONG - 834 words
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Article, Illustration791 1999-09-24 34 Parvathi Nayar - Earl Lu is obviously one man who collects with his eyes, rather than with his ears By] Parvathi Nayar "COLLECTING art is like falling in love you do it first and rationalise later," says renowned art collector and consultant surgeon Earl Lu. Talking toARTHUR LEE - 791 words
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Article, Illustration851 1999-09-24 34 Parvathi Nayar - Mel&nie Chew favours works with a historical significance By] Parvathi Nayar ENTER Melanie Chew's home, and you are immediately struck by the lovingly handpicked paintings that adorn the walls. As she walks you through her home, she makes these paintings come alive with the851 words
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PEOPLE: THE PALATE PLEASERS
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882 1999-09-24 35 TAN SU YEN - Lionel Lim of Sun Microsystems loves good food so much that he hired someone full time to whip up his favourite dishes. He tells tam su ten more about this hand-picked employee TAN SU YEN Lionel lim is a man who is882 words
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Article, Illustration133 1999-09-24 35 The basics our chef should know how to cook are the types of Penang food that we can't get here Penang char kway teow, Hokkien mee, lor mee and Penang laksa. The rest should be whatever she cooks best. These133 words
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Article, Illustration476 1999-09-24 35 Tan Su Yen - Dimsum chef Fanny Foo is making a big impact with her small dishes By' Tan Su Yen FANNY Foo Yoke Kuan, dimsum chef at the Conrad International's Golden Peony, is one reason to be hopeful about the future of Singapore's F&B industry. Chef Foo, 30, whoARTHUR LEE - 476 words
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ENTERTAINMENT
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Article, Illustration444 1999-09-24 36 MUSIC Song Recital The Young Musicians' Society presents William Lim (baritone) and Shane Thio (piano). Included in the programme are Brahms' Vier Ernste Gesange Op 121, R Strauss' Morgen and Heimliche Aufforderung, Duparc's L'lnvitation au Voyage and Reynaldo Hahn's Paysage. Sept 26, Bpm, at YMS Arts Centre, The444 words
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Article, Illustration663 1999-09-24 36 Susan Tsang - CINEMA Cookie's Fortune, from maverick director Robert Altman, is a delightful confection of small-town characters and crises By! Susan Tsang Robert Altman is back. After stumbling over Pret-a-Porter, the director has regained his balance with Cookie's Fortune. The punny title may not sound good, but Cookie's Fortune663 words
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471 1999-09-24 36 Susan Tsang - CINEMA By! Susan Tsang DROP Dead Gorgeous brings us to America's heartland, and shows how a beauty pageant brings out the worst from that bastion of civic pride and wholesome living. The mockumentary covers the Miss Teen Princess beauty contest, the biggest event of471 words
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MOTORING
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Article, Illustration1277 1999-09-24 38 CHRISTOPHER TAN - THE 58th Internationale Automobil-Ausstellung, commonly known as the Frankfurt Motoi Show, is not as gripping as expected. jK/mEZ Many of the 50 or so product debuts are actually variants of existing cars. That, perhaps, is a function of an industry more aware of shareholder value thanCHRISTOPHER TAN - 1,277 words
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PEOPLE: THE GOLFERS
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Article, Illustration710 1999-09-24 39 VEN SREENIVASAN - tbv SKEBMXVASAX finds out why golf is the game of choice for these five newsmakers VEN SREENIVASAN MARK Twain once described golf as a good walk spoiled. Yet what is it that attracts thousands of professionals, businessmen and politicians to this game whose objective is to get710 words
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UNIT TRUSTS
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Article, Illustration2180 1999-09-24 40 LOUIS BECKERLING - Managing multi-million dollar funds is a serious business and makes exacting demands on the men and women charged with the task This week we take a glimpse at the way the challenge is met as loots beckeruno talks to the men behind three ofPHOTOS BY SIEW YAW HOONG - 2,180 words
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INSURANCE wise
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Article, Illustration936 1999-09-24 41 SOH TIANG KENG - Personal accident insurance covers for unexpected accidental losses that may not otherwise be covered by life policies, writes soHTUMonara SOH TIANG KENG Accidents can happen anytime and anywhere. People can get hit by a bus while travelling to work. Or struck by falling debris fromFILE PHOTO - 936 words
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PERSONAL INVESTMENT
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Article, Illustration892 1999-09-24 42 wong wei kong - hi J comment THE FINER POINT It's not Just investors who need to be educated on unit trusts. Fund managers need to change their mindsets as well wong wei kong CHANGING investor behaviour is never an easy task. Even when taught hard lessons by892 words
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Article, Illustration803 1999-09-24 42 Raju Chellam - Be financially literate, says money-spinning guru By\ Raju Chellam IT seems so simple when he says it be financially literate if you want to be financially free. Understand what your real assets are. Get cashflow to come automatically. Get your money803 words
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PERSONAL FINANCE
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Article1337 1999-09-24 43 ALVIN TAY - With interest rates more likely to rise than fall in the months ahead, it may be prudent for housing loan customers to switch to fixed rate loans, writes az.vxntat ALVIN TAY WH O says rising US interest rates mean that home owners here1,337 words
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Article359 1999-09-24 43 DBS Bank WITH $16 billion in outstanding housing loans, this is the bank to beat—or poach. Come Jan 1,2000 —exactly 99 days away DBS could start adjusting the subsidised interest rates for POSB housing loan customers to market rates. Although the bank has said that it will359 words
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Article, Illustration466 1999-09-24 43 How the banks rank in size DBS Bank UOB OCBC Bank OUB Koppel TatLee Outstanding housing loans $16.10b $6.55b $4.33b $2.71b $1.86b What banks charge in interest YEAR 1 YEAR 2 YEAR 3 TO 5 THEREAFTER PBS Bank 4.0 5.0 5.0* 5 75* United Overseas466 words
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1382 1999-09-24 43 Deposit amount 1-mtf) 3-mth 6-mtt) Depcutt amount 1-mth 1-mth 6-mtti DBS Bank MMMMMMK: HSBC AS AS S10 000 -A24 999 4 2500 4 3700 4 7000 25,000 74.999 3 7500 3 8750 4 4375 A25.000 A49 999 4 27001,382 words
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Page 33 Advertisements
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Advertisement148 1999-09-24 33 CAST YOUR VOTE: Go to the BT Online website (business-times.asial.com.sg) and take part in the interactive poll based on his column. Motoring BMW's Z9 gran turismo (left) and Mercedes-Benz' SLR Roadster the two big at this year's Frankfurt Motor Show EL 6 Cutting edge direction: Robert Altman turns his attention148 words
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Page 34 Miscellaneous
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Miscellaneous172 1999-09-24 34 CBYPTIC CROSSWORD 12 Jewish council and shrine re--23 Irishman is about all in (5) 24 Vigorous, and kicking per- j I I I I 25 Pointing to examples of very —-JBL_ large numbers I've assembled 26 26 Winter game requiring dream team? (7,8) 8 Make crazy notes, to some ex-172 words
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Page 35 Advertisements
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Advertisement112 1999-09-24 35 Busy Executive Lunch: I Jazz Sunday Brunch: -JitKmmtChicken Schnitzel. Pork Knuckles. Nuremberg Sausages. Hungarian Goulash. Apple Strudel and more. Garlic Bratwurst. free-flow beer and even more. Singapore's days of belt-tightening are over. i With prices like $14.50+++ for weekday lunch and $38+++ for Sunday brunch (including free-flow beer and live112 words
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Advertisement233 1999-09-24 35 i can make a home in the 'City of Eternal Spring Here in Kunming, Yunnan, the southwestern province of China, it's always Springtime, with a refreshing 'air-conditioned' climate round. Our integrated resort features the best Jack Nicklaus golf course in Asia, and our new Robert Trent Jones Jr. golf course,233 words
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Page 36 Advertisements
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Advertisement114 1999-09-24 36 Where to wine, dine and entertain InternaiionaT Card is now available. 76 Bra* Baaah Road, Singapore *****8 Tel: 338-8333 Fa*: 339-6866 Web Site http://www.carUofi-coafc.sg Cheers! I Too night of 1 great fun and entertainment Mfek j at Cangtry's mm I Happy Hours Sp > 5.00pm X.OOpm Daily 8$ W complimentary114 words
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Advertisement67 1999-09-24 36 Jj i EunctiOTWrobm available for: private parties company dinner and dance 11 •conference I seminar and meeting. II HOTEL GRAND CENTRAL LIMITED I 22 Orchard Road/Cavenagh Road, I Singapore *****7 1 Te»: 737 9944 Fax: 733 3175 1 j|U Advertise in Wine, Dine Entertain of The Business Times. Contact Putnck67 words
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Advertisement110 1999-09-24 36 immiiu)ii SICLBO*" Adult $9MT" CMd Cj.M.^p,fe rnHi" i 515.80"* Adu» CMd Free flow of Orange luce. Coffee and tea for reservations, please cat 433 /132 Coleman s Cafe (sth level) Peninsula Hotel (vary lain day and I—day 11 noon to 4 pm Treat your family to o sumptuous spread of110 words
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Advertisement124 1999-09-24 36 If you enjoy lobsters, you will adore lobsters with noodles. Re-disc over this royal treat from the sea with eight different recipes for the month of September. There are Pan-fned Noodles with Lobster and Minced Meat Sauce; Rice Vermicelli Soup with Lobster; Cold Spinach Noodles with Lobster to name a124 words
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Advertisement140 1999-09-24 36 Create your own set lunch of Continental cuisine with strong French Italian influences. Mondays to Fridays IQD noon to 2.30pm (last order) fSy Price: $28 Revolving Reservations: *****58/88 *"'".11?' Mandarin 333 Orchard Road, Singapore *****7. Tel: *****11 CU«-P denes' KoirrioH- C«-Pe joUn CVv#vf«*u Sfe I7VU Vo ls+ October, 1111 They140 words
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Page 37 Miscellaneous
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Miscellaneous2939 1999-09-24 37 TODAY'S TV CINEMA RECOMMENDED VUiWUIQ Premier© 12 1-03 Talking Point. American Pie Grossed out comedy of US schoolkids who de- T V Innovations. 1-30 In Conversation. cide they must lose their virginity before graduating. R(A) Exit TO«Hou»OfU.her,Fri, 4°° S?e® Weate SJO Market Report Cathay. Orchard. Yangtze. Golden. Pembleton SfciSffl S£T2,939 words
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Page 39 Advertisements
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Advertisement119 1999-09-24 39 The Bintan Laqoon Golf Membership For Just $462 A Month. *****& First let us assure you that this is a premium golf membership; with the renowned Jack Nicklaus B j-NTAN Seaview lan Baker-Finch Woodlands Courses undoubtedly offering the region's best golf. But if you re LAGOON looking for challenges beyond119 words
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Page 40 Advertisements
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Advertisement109 1999-09-24 40 WKmiwmw -'J Jr., 2&j~ v *<?.f**&r I s > Hj>> P\ W T-v.v^^^^^^^^m/rfmßmmmws mJB^ i ip fl SjSL, M All aspiring musicians are welcome to join our jazz jam sessions. Where V A V you can get tips from the pros, support from fans and even a free beer A109 words
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Page 41 Advertisements
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Advertisement246 1999-09-24 41 Two oul of Ik ree Singaporeans w ill lick al leasl one box. Wkal are your ckances? hfs 4. Coronary Artery By-pass 19. Surgery to the Aorta Statistics show two out of thro* Singaporeans will suffer from cancer, [D 5. Kidney Failure 20. Terminal Illness heart disease or a stroke.246 words
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Advertisement204 1999-09-24 41 Great Eastern Life with Congratulations to Swee Hin Chang of IC No *****10 Z. He wins for himself a 3Com Palm nix for the Sept 10 issue of Insurance-Wise Win a 3Com Palm lllxi We hope you enjoyed the lost issue of our 13-week series on Insurance-wise, brought to you204 words
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Page 42 Advertisements
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Advertisement162 1999-09-24 42 fl fitting testament to Excellence in Fund management The "Fund Manager of the Year 1999" Award* recognises DBS Asset Management's capabilities in many facets of fund management. 9t*., Prom the introduction of innovative j 4P products to our award-v/inning funds. JT L^| J fl From our commitment to investor Hp162 words
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EXECUTIVE money
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Article, Illustration1388 1999-09-24 44 SIOW LI SEN - Personalities in S'pore's banking industry discuss their work and interests with sxow Li sen SIOW LI SEN Borrowers and consumers have never had it so good, what with banks falling over one other to offer all manner of financial services not just competing on price but alsoPHOTOS OF WOMEN BANKERS BY CHRIS LOH Y Y CHIN BY SIEW YAW HOONG - 1,388 words
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Page 44 Advertisements
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Advertisement14 1999-09-24 44 Meet the men who take charge of the top-ranking funds in S'pore EM 814 words
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Advertisement13 1999-09-24 44 HOUSING LOANS A review of what banks are offering homebuyers now EM 1113 words
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SHIPPING TIMES
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Article127 1999-09-24 45 Bridge News, Reuters HEALTHIER rates were reported for Panamaxes in the Pacific with charterers getting coverage prior to the holidays in Japan and South Korea over the next few days. TANKEBSc Trading remained lively for Suezmaxes in the North Sea with rates steady to slightly firmer. There wereBridge News,; Reuters - 127 words
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Article282 1999-09-24 45 »a n +h <m CWT Distribution t19 uncti 28 Oman Hup L36 0.02 453 Cosco investment 1.15 0.01 24 Freight LMl 032 unch 285 MHotenn 0.09 0.01 2 H*i Son Hup —0.69 0.01 102 IMC HoMnqs-HK —5.60 i*Kh 0 Jaya Holdings 0.95 0.01 128 Jurong Shipyard 8.05 040282 words
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Article, Illustration461 1999-09-24 45 Marcus Hand - |:i exclusive Majority owner Metro has provided for $35 million extraordinary loss By Marcus Hand [SINGAPORE] Sun Cruises has settled for an insurance payout on the sunken wreck of the Sun Vista well below the price the line paid for the cruise ship461 words
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Article, Illustration391 1999-09-24 45 Bloomberg [TOKYO] Orders for Japan's and South Korea's shipbuilders fell about 30 per cent in the January to August period, compared to the same eight months a year earlier, an industry association said, citing weak demand. Japan's ship orders fell 29Bloomberg - 391 words
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128 1999-09-24 45 Bridge News (MANILA] Philippine port operator International Container Terminal Services Inc (ICTSI) said it was negotiating to buy out its Argentine partner, Bemberg Inversiones, in the overseas subsidiary, Buenos Aires Container Terminal Services SA (BACTSSA). ICTSI told the Philippine Stock ExchangeBridge News - 128 words
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627 1999-09-24 45 Selva Kumar - ADMIRALTY CASEBOOK By\ Selva Kumar AN English court recently reaffirmed a basic principle in the UK's Arbitration Act 19% that parties shall conduct their arbitration according to how they have agreed rather than what is written in the Act. The parties in627 words
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FOCUS takeovers
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Article, Illustration688 1999-09-24 46 Gdynia faces a doughty opponent in bid to take over two Kvaerner yards in Finland the Finnish government Reuters [HELSINKI] THE Polish Gdynia shipyard fears Finland's government rpay scupper its bid to take over two Finnish yards, put up for sale by the Anglo-NorwegianReuters; FILE PHOTO - 688 words
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Article311 1999-09-24 46 PAGE Eng Lee 13 an i 3 ESP Lines 13 Accord 8 6 Ahrenkiel 14 'oongSun 8 Append 5 FroU Asii OCl 13 links 14 9 Austral 8 C Lw A»ant 14 6 < B'tang Mas 8 CwhM 13 KA 7 Glory Nav M BTL M H4iSunHu311 words
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Article17807 1999-09-24 53 THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel voyage Telephone SIN Destn Name Name Number Number SIN Destn Name Name Number Number i To BUENOS AIRES (BUE) 2060 Arqentina To ABIDJAN (ABJ) 2003 Cote D'lvoire m/io 29/w mol p o ned Durban mioa h17,807 words
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SHIPS IN PORT
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Article654 1999-09-24 59 Vessel Voy No Berth Arrival Departure BtMuslndafi ***** JO! 23/09/810 23/09/1800 Budman iivU 278 J02 23/09/8:10 23/09/19 00 C Succass 23S£P J09 23/09/8 50 23/09/16:00 Tropical 28 «A99 J07 23/09/900 2J/09/I7 00 8t Mo Veo-21 JOI 23/09/10:30 23/09/23:59 8t Mm Ct6 S7 S£P-23 JOI 23/09/Ttl5 23/09/23:59 81 MM654 words
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Article2065 1999-09-24 59 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstts Ship Voy No Etb/Btr Period From To From AC I DAHLIA 0131 24/7 00 U 22/1700 23/0*5? 23/0*0 21 22/1700 2V0*59 23/0900 1 23/0700 23/1159 23/MOO 4 23/1200 23/1459 23/1700 HMMH2 m 24M0 a 22/171* 21/M99 2MW 2*2,065 words
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Article192 1999-09-24 59 Sep 24 South Africa: Heritage Day. South Korea: Harvest Moon Festival Eve. Taiwan: Mid-Autumn Festival. Sep 28 Hong Kong: Day after Mid-Au-tumn Festival. South Korea: Harvest Moon Festival Day Following. Sep 27 Australia: Queen's Birthday (WA). Sep 28 Taiwan: Confucius Birthday. Oct 1 China: National Day. Hong Kong:192 words
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Article805 1999-09-24 59 THIS report, compiled by Cockett Marine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the mar ket. Prices shown are based on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the805 words
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Article522 1999-09-24 59 Carbon 180 Mai 990.0 U M.7 0.08 74 0.05 S*f 16 Density Water Residue Ask Aluminium Sediment No above E25 0 I 0 0 0 0 T7T7 380 Ave 986.2 0.4 U.4 0.07 32 0.02 bn. 380 Max 993 4 0J 15.7 0.11 70 0.06 »S/V3522 words
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AIR & LAND transport
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174 1999-09-24 60 Bridge News [PARIS] European efforts to streamline its aerospace and defence industry suffered a setback when partners in Airbus Industrie failedto draft proposals to turn the group into a private company. The four partners Aerospatiale Matra, British Aerospace, DaimlerChryslerAerospace (Dasa) and Spain's ConstruccionesBridge News - 174 words
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Article, Illustration447 1999-09-24 60 Reuters [HONGKONG] While aviation industry experts welcomed a 15 per cent cut in Hongkong's airport landing and parking fees, they said Cathay Pacific Airways Ltd should not start breaking out the champagne. Analysts yesterday were still revising their profitReuters; FILE PHOTO - 447 words
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Article, Illustration495 1999-09-24 60 Nearly 45% of airports' annual gross revenue being used for capital expenditure: ACI Reuters [GENEVA] The global airports body Airports Council International (ACI) said on Wednesday its members were investing heavily in new infrastructure to handle an expected doubling of passenger trafficReuters; FILE PHOTO - 495 words
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Article135 1999-09-24 60 Reuters [HONGKONG] The Hongkong Association of Freight Forwarding Agents (HAFFA) has welcomed the Airport Authority's decision to cut landing and parking fees at the Chek Lap Kok airport by 15 per cent. "This is an unprecedented move that will be welcomed by all sections of theReuters - 135 words
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380 1999-09-24 60 Partnership the first such agreement between a US and Malaysian carrier Bernama [KUALA LUMPUR] Northwest Airlines Inc and Malaysia Airlines (MAS) yesterday signed a commercial co-oper-ation agreement, which will include code-sharing service, frequent flyer programme reciprocity and "seamless" flight connections. The partnership, the firstBernama - 380 words
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287 1999-09-24 60 AFP [PARIS] Cooling aviation fuel before pumping it aboard airliners could be a simple way to help prevent explosions of the kind that destroyed a TWA flight off New York in July 1996, the magazine New Scientist says. The destruction of TWA FlightAFP - 287 words
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Article1837 1999-09-24 60 CITY FLIGHT ETA FLIGHT ETO LHT86 1605 ***** 1000 >rt«lilrtt AN8230 1850 NZ4586 1605 LH787 2350 75um 1850 SO2007 1605 W4587 2350 S0230 1850 SMOO« 2350 gg $0327 0745 *1838 2300 rGA973 0945 $0328 2325 M»M_|gS KL837 1455 timilw $0603 1905 C2354 0910 ArtMMivtrtvo M0210 06051,837 words
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Page 45 Advertisements
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Advertisement62 1999-09-24 45 Pelepas Cargo Without Going Overboard. hß9Hra With 1.2 Million Square Metres Of Container Yard, We Give You A Storage U' Capacity Of Approximately 110,000 TEU's. Vj 1 'tßt- Pelabuhan Tanjung Pelepas Sdn. Bhd. (*****9-k) B* K r*^— < No. 3, Jalan Sri Perkasa 1/3, Taman Tampoi Utama, *****, Johor Bahru,62 words
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Advertisement7 1999-09-24 45 World airports poised for growth explosion BACKHkBE7 words
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Page 46 Advertisements
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Advertisement1271 1999-09-24 46 I NORTH AMERICA 1 I EXPORT I I 07WEW DESTINATIONS 1 SSX-SUPER BHUTmEXPBBBB-OHCT TO LOWQBgACH 1 WEST COAST Of CBRIMI. AMERICA (MAROARITA MRVICE) vqt npsoi |ua6M*n mix housto oocacq |«wyom mocqotT Yissa yoy 1 rtawrml *o*nA imhomco cn—ro pi CMoaA I —uwmaA I mmac" ooaaau istsa a/a a/a 15/10 i*/io1,271 words
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Advertisement619 1999-09-24 46 Unas services represented <. (fj£k\\ by Members o(the Registry o« MeinDw* o( the Accredited Shipping Agents. Forwarder. Spore National Shipping Aaaoc Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "ARKTIS GRACE" V.9902 ETA SIN 02/10/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL619 words
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Page 47 Advertisements
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Advertisement1048 1999-09-24 47 TO EUROPE FROM EUROPE [vpsa vot Is«wm am ham wrv sourer ibT [vtssa" vot n» hm wv sou m lbi sii MNUH S47W 23/00 14/10 13/10 14/10 11/10 HTAOOMUL Mil 04/00 01/00 02/00 30/08 13/0* MONTI tOSA 530W 24/00 12/10 14/10 14/10 17/10 HT HKHMSS 31* 02/09 04/04 07/04 01/041,048 words
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Advertisement1172 1999-09-24 47 (R) HANJIN SHIPPING llkr I U ilkMy.li> M* 73X731 HAMB SHTfING (S) PTIITP MOBOt *****3V737 SAUS *****74 731 DOtUMBn *****71 774 OfWIWIIS *****5*751 IBjjjM *****55 IAI 777W44 C»oft lIS3WO—t TO NW USA A CANADA USA CANADA* m KL/VOT MM SM IM HAH/VO T SU TTW PM 01 S m BTT1,172 words
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Advertisement359 1999-09-24 47 rasa wr_ jm_ m wt w _w_ jh_ jm__sL j*™ I limLu Lmlw^ll^rl an hum »ig ivh g/w v/9t n/9i W* ISaalmA I oia I ?</51 nyw liwiw!?q«MTa cos Ijvwl B/g apcmiw *ii" n/w a/w ii/w c/io *i» I Inm kvla/ttL^aL) IQMWM HB tvm B/B ?1/B 11/W 1 I I359 words
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Page 48 Advertisements
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Advertisement1638 1999-09-24 48 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VESSEL VOY IwT" LfH RTHI AMfl HAM »RV FIX ««tl VOY St BIT OT H» W.C MTW NMUM MM FMMCttCO 0013W 72 00 Mil 1110 1110 13.1* 1311 UH LONDON SMATO* 08MW 23* Mil 1110 H* MM »10 TRADE HARVEST 0824W 24 N 151,638 words
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Advertisement1030 1999-09-24 48 am MAC-HELS S'PflftE M'Slfl Carrier: MN CONTR LINES, INC p. guoang: «jt) *****26 I I QMMOc **********0E SIBU: (084) *****9 MAMLA: (632) *****24 V iXy PENANG: (04) *****36 BANGKOK: (862) *****67 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT: (21)*****45 KUCMNG (082) *****1-3 VANCOUVER BC CHITTA6ONG MV "HJ HONGKONG V.083E MV1,030 words
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Advertisement567 1999-09-24 48 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO Vessel SPORE N.SHEVA COLOMBO P.KLANG TARPON SILVER VIMW 27 SEP K OCT 12 OCT 17 OCT CAPE CANAVERAL V.112W 64 OCT 12 OCT 1* OCT 24 OCT TULSIDAS Vll5 11 OCT 11 OCT 26 OCT 31 OCT TARPON SILVER V IHW II OCT 26 OCT567 words
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Page 49 Advertisements
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Advertisement1708 1999-09-24 49 [vessel voy khh hkc S<W PKC pqb dxb pmm ba bik IRAN BAABAEI PCL-5121 22/09 24/09 28/09 29/09 08/10 09/10 10/10 12/10 14/10 IRAN TAKHTI PCL-5122 29/09 01/10 05/10 06/10 15/10 16/10 17/10 19/10 21/10 IRAN TABATABAEI PCL-5123 06/10 08/10 12/10 13/10 22/10 23/10 24/10 26/10 28/10 IRAN SATTARI PCL-51241,708 words
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Advertisement1218 1999-09-24 49 Diro<t Calif to Kolm (4 Days), 1 Nagoya (7 Days) Tokyo (t Days) I I SINGAPORE'S GENERAL AGENTS: 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B/L) "TJOSJO^^JOHORTOFFK^^ COSTAR SHIPPING PTE LTD 112-00 saus/bkgs *****57/60 inward dept (D/o) *****85 COSTAR AGENCIES (M) SDN BND j CR NO: **********00 SINGAPORE1,218 words
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Advertisement1267 1999-09-24 49 EUKOPE EXPRESS SIRVICE EXPORT IMPORT HJVALENOA 3C W 23, m) CHK 01/04 OMN 04/W 26^04 kj osaju 051w :oa3Eß7io; 24/10;2^0 hjfmis om w/w lf/w u/w lis/wiFrc HJ WUAINGTON 009W 12 10 79 10 31/10 01 11 02.11 03.11 04 11 HJ LONDON 02H 16, W 11/04 21. W 22 041,267 words
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Page 50 Advertisements
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Advertisement1443 1999-09-24 50 EUROPEAJK/SCAMDIMAVIA/FINLAMD/RUSSIA SGP ROM ANW HBG THR ZEE IHW LHV THP RDM ANW HBG PKL I SGP E. DEVOTE RW-008 26/U9 14/10 2010 It/10 11/10 19/10 20/10 E RIGHT RE-040 02/09 04/09 03/09 05/09 07/09 26/09 27/09 E. DEVELOP RW-008 03/10 21/10 27/10 23/10 25/10 2S/10 27/10 E REWARO RE 0401,443 words
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Advertisement851 1999-09-24 50 PACIFIC INTERNATIONAL LINES (PTE) LTD A Immm 140 Cecil Street, #03-00 PIL Building, *****0. J CR NO: IQOeOt XJOOfc Ijvtssa VOT MB nrt stp g out oa wmmol Ml I UMMAIKTUtII 541 25/» 27/0 1/10 0/10 13/10 17/1# 23/10 25/10 I IWCA TttAlAi <_ZEIBI_ M ~B7T~ IQTO'Z tt/tt h/lfl 3ZM851 words
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Advertisement422 1999-09-24 50 50 TRO« HJNGAH ROAD #02-02 OTIPORT CENTRE STOREHi TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOT ETA ETD DtSnWHOK HMAINA 0799 23A&99 24DM8 PASIR GUOANG^ONTMNAMMTTOX LMAMU 1099 2MM9 259&909 PONTMNAK INABUKWA 33« 2MM9 27/ttM BALAM For ononirin »nd bookings pliui contact SEASPACE SHIPPING (S)422 words
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Page 51 Advertisements
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Advertisement510 1999-09-24 51 BSfl x TBETTTJdI VcP-tc d M* MYANMA Mftlflflk FIVE STAR LINE (Myonmar National line) w Loading for Yangon (Rangoon) VESSEL VOY SIN MIL PEN PGU KENG TUNG 4W SID SAGAING 62W SU) MALAYSIA AGENTS: BOUSTEAD SHIPPING AGENCIES KUL m (03)*****00 PKL TEL (03) *****01 PEN: TEL (04)*****02 PGU: TEL (#7)510 words
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Advertisement1207 1999-09-24 51 HMNEHYUNDAI MERCHANT MARINE CO., LTD. I VESSa voy sm sou ta rtm ant |ham| my ra I [rasa voY|sou|iß<|RTM|AiiT|HAM|MvlFaiSMi DANUH S47W 24/09 11/10 16/10 13/1 C 14/10 HYMGMESS 3191 01/09 08/09 04/09 07/09 25/09 MONTE ROSA S3OW 24/09 17/10 11/10 12/10 14/10 MAAS 5311 10/09 11/09 05/09 07/09 29/09 HY1,207 words
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Advertisement1120 1999-09-24 51 WALLENIUS WILHELMSEN TQpMORTH AND LATIN AMERICA RORO HEAVYUFT SERYKI* fviSSCI VOY RAMP HEIGHT UN LAX CM. MA I SAV BAL OtF NYC NEW MM TAPtOU AHO6~ 400 Imh 6JM TyJW 25/10 03/11 OS/H" 01/11 10/11 11/11 13/11 17/11 il/U TAMPA AHO7 400 Thm 6.3 M 12/10 09/11 11/11 21/11 23/111,120 words
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Page 52 Advertisements
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Advertisement787 1999-09-24 52 ■ANQKOKjUAP TA PHUT/LAEM CHABANO JAKARTA/PAN JAMO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT PJN MATHU BHUM 433N 25/09 29/09 28/09 BANI BHUM 12SSB In Pt 26/09 XETHA BHUM" 302N 26/09 29/09 30/09 BUNGA MAS TIGA *****3 25/09 29/09 ACX SWAN 394E 27/09 01/10 01/10 SHAHE* 004 26/09787 words
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Advertisement349 1999-09-24 52 "2,BSSH INDONESIA NATIONAL LINE TO AUSTRALIA I FULL CONTAINER SERVICE a jvorl rn sm m m. stb /ft msumi -nm w/n ln/n n/n |is/n ftOIdBBSMW 7g tS/ll IS/INI7/I* 10/1* p/H mmm in. ivu u/n m/io »/i« po/w oftacmj lit. n/nl lw/iqn/i*|«/ii| FEEDER SERVICE TO INDONESIA wi vot sm smumt* uuuk349 words
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Advertisement769 1999-09-24 52 I VESSELS VOY SW PKL JED MLA LEH RTM HAM ZEE SOT SAUOIJEDOAH N33W 28rt» 29/08 07/10 12/10 17/10 18/10 20/10 22/10 23/10 SAUOIJUBAIL H33W 04/10 14/10 19/10 25T10 26/10 28/10 31/10 VKXE D'ORION Y33W IVIO 16/10 25/10 29/10 ***** 04/11 07/11 08/11 VM-LE OE MW4QSA V34W _WlO 20/10 28/10769 words
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Advertisement50 1999-09-24 53 NEW BREAKBULK SERVICE una— oso Tin r»t ■S||Si||BH|3| Round-the wortd ContakwrSmda Kl Ki 11* I*ll B See PACC CONTAINER LINE For Complete n Pg 5 US WEST COAST Schedules middle east INDIAN SUB-CONTINENT Information n Check Out Our Details On Pg 7 Daily Turn To Pg 5 JJ d'OCEAN LINES50 words
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Advertisement45 1999-09-24 55 WLT (Retrieve more schedules!) Press "1" JCV Select the port and key in the four digit code eg: To New York (NYC) 2275 sr£) Key in your fax number ST Enter your phone number Another Innovative service offered by document Will be Shipping Times JLJ45 words
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Advertisement186 1999-09-24 56 SMHnriOJUE.LtaM.LM. HUNAN OCEAN MmNO AGENCIES I »xj o^ (FOREST PIOOUCTS SERVICE) {ScmMxn Service For C hrittims Island Kremantle C«m Island) EUROPE SERVICE "Also call other west Australia ports subject to inducemen J TAW SKN KKU TNU VESSEL VOY. SIN CXI FML COS RUBIN STELLA V3IA SAILED SAILED SAILED THOR KIRSTEN186 words
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Advertisement204 1999-09-24 56 TO EURO** CHINA N. gUROPg WMM VESBCI7VOV XOO QOA «HA MKO MN HAM 55: TRADE HARVEST 024W 12 SEP 14 SEP 16 SEP 20 SEP 25 SEP LLQCI LL2£I IH2£I HANJIN DALIAN 026W 19 SEP 21 SEP 23 SEP 27 SEP 01 OCT 21 OCT a OCT 240CT POTSPAM 002W204 words
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Advertisement160 1999-09-24 56 FOUR TMHIS/ WIIK SAIUW6S: f. CWAMO/HWOAPOtt SOUTH lOUND I »csa WT r.aaon m awusMni WITS via M/WWB UMI Um Z^WBffl jommi tms hm am vmmm IAMI ms v/vimn a/wire BMUSIWI TIT3S ttW(WB W/WWP) I OMASUM TIMS n/W(HB» 30/WfIHU) MOtTHIOUHO vtssa wt hmhk BMUSIMI t)W H/WW) ~H/WffW iQMusum fiw a/wtw mhisuo160 words
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Advertisement664 1999-09-24 57 shipping line ltd MAIN UNE/OUTWARD; 532 3MB INWARD (DID): 437 23M IMPORT STATUS (DIDh 437 2378 INVENTORY (DID): 437 2420 Wcbsit* http://www.saMwdcra.ioiN CR NO. **********0 D BOOKINGS UNE: 535 6266 (Celia/Jessico/Mei Chan/Jeslynn/Pora/Hanim) slgs/weekiy i:i:<:rjfii:mTTTTcM 3 slgs/weekly MBS VQT SIH MK IviSSIL Ivor SIN HtK (LCM) UH (PAT) ISttSWM 028 25/09664 words
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Advertisement1051 1999-09-24 57 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I ftp 1 1 JKT I SW I HW I ft>G |CM I lON j HAI I NYI I 0«f I SAV |KW TAM HOU ggjDON /0352 10 10 14/10 14/10 71/10 31 !0 26/04 07/11 10/1) 07/12 10/1? 11/1? 14/12 11/H1,051 words
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Advertisement525 1999-09-24 57 |#n ING LEI SHIPPING CO PTE lIDI I W; *****75 (4 Llm>| tax: SNNM/SIIHM I I ah mmiimt I VESSfI VOT SM ETA SIN ETD DESTMATKM DwOoye 10/99 24/09 26/09 Duno Buo*r Gondc 111 7/99 24/09 25/09 Sjtteyc DoaMhagss 8/99 26/09 27/09 Saraboyc Union Sio 32 8/99 28/09 29/09 Jokate525 words
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Advertisement509 1999-09-24 58 I VESSEL VOY SIN MAA SIN I TIGER ISLAND 735N 2f>2b/Q9 29-04/10 0910/10 I TIGER PEARL 736N 2829/09 12 I TIGER SEA 737N 10-14/10 I TIGER BAY 738N 08-09/10 1417/10 22 23/10 TIGER PEARL 740N 12-13/10 17 21/10 I TIGER ISLAND 739N 15-16V10 21 30-31/10 Ivesse^^^VO^^SE^^CA^^SlN| TIGER STREAM 396CN8 28509 words
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Advertisement852 1999-09-24 58 FREIGHT LINKS EXPRESS I Tel: *****11 Fax: *****77 E-mail: flesin3singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISVANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT CARGO Bobby Lee *****71852 words
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Advertisement1114 1999-09-24 58 For bookmgt empty col *****50 //pV Q Wokwtr ktlf://www*xLcim \S/ JLML NOtTl AMMCA PSA iiyrt ia o« mem in hou I mm Src hou oolb 00(10«tA35B40 71/W 15/10 JH/10 71/10 71/10 70/10 ■OBQOHWM JI/» 01/W ooq nruiN 7KS4i ot/io 77/10 77/10 71/10 71/10 77/10 I"£ HKEZi £2 S2! nnfi tuffifiTKS471,114 words
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Page 59 Miscellaneous
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Miscellaneous136 1999-09-24 59 ■■EZUZZnXZEXEHI^H 1106 ~7~7 LEGEND R Thunderstorm Temperature *q y Shower Weather Wmd direction with speed m knots Rom \s_y) Cloudy Sky Wove h «'9ht Surface winds ore indicoted by arrows which Hy with the wind On fu ci,cte repres n,s ca,m lt 9 h and variable wmds One holt tleche136 words
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Advertisement76 1999-09-24 60 1 Ship Loader Wharf Conveyor (Under Instructions from Qid Sugar Corporation) For Sale By Tender/ Expression Of Interest Mackay Bulk Sugar Ship Loader Conveyor. Located Mackay, Queensland, Australia. Conveyor: 205 m Long 1140 mm wide Cap 2000 tph Ship Loader: Mobile Gantry with Boom telescopic chutes slinger with all electrical76 words
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