The Business Times, 16 May 1984
1984-05-16
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The Business Times
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Title Section12 1984-05-16 1 BUSINESS TIMES M.C. (P) No. 66/1/84 WEDNESDAY, MAY IS, 1984 60 CENTS12 words
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559 1984-05-16 1 SOH TIANG KENG - MEDICAL CHECK-UP MAY BE WAIVED By SOH TIANG KENG, Banking Correspondent A PERSON who would normally be refused a life assurance policy on health reasons can still qualify for a policy and avoid paying higher premiums under the Central Provident Fund559 words
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Article, Illustration538 1984-05-16 1 UPI OPPOSITION and independent candidates in the Philippines are apparently leading in the country's general elections. As counting of returns for the 183 contested seats continued yesterday, the head of the country's top opposition group said the polls had given the opposition a victory "beyond ourUPI - 538 words
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Article435 1984-05-16 1 CHEN QINGSHUN - By CHEN QINGSHUN THE Housing and Development Board has lost almost 20 per cent of its core contractors barely two years after it started the core contractor scheme. So far, three out of 18 handpicked local contractors have already been struck off the scheme, and435 words
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Article79 1984-05-16 1 WHEN you can sell more than 25 million records, you get special privileges. So superstar Michael Jackson had an exclusive after-hours tour of the Smithsonian Institution's Air and Space Museum, resulting in some taxpayer-financed over- time for the museum's guards. Jackson's tour was to kill time79 words
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Article91 1984-05-16 1 Bernama THE CONTEST far Ike Malaysia's UnuM depaty presidency M May 25 will, fw the flrit time la the party's 38-year history, be a three-eeraered fight. The laeambent, Deputy Prime Mlaister Datak Misa Hltam, to being ehaileaged by Flaaaee Minister Teagkn Raxaleigh Hamtah aad fermer SelaagarBernama - 91 words
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Article463 1984-05-16 1 RICHARD SEAH - By RICHARD SEAH IN VENICE, a gondola association would probably be made up of boatmen out to fleece tourists. In Singapore, it is a group of engineers with serious plans to regulate an industry wrought with accidents and controversies. Following last year's spate of construction site accidents463 words
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Article37 1984-05-16 1 Reuter A DIVIDED European Commission will try once again today to reach agreement on proposals to ban lead in petrol. A ban would reduce emissions that harm human health and produce acid rain. ReuterReuter - 37 words
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308 1984-05-16 1 Reuter UPI, US COMMERCE Secretary Malcolm Baldrige predicted that US interest rates would rise no more than a half per cent, inflation would remain stable and growth of the US gross national product would drop to 4 per cent in the secondReuter; UPI, - 308 words
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Page 1 Advertisements
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Advertisement114 1984-05-16 1 OABS THE ULTIMATE ACCOUNTING SOFTWARE FOR MICROCOMPUTERS jg Stf «OT CHAN GSCUP OA Spng»oo'«l*i *****62 4 K L 03 *****0 P»n»ng t«i 04 *****9 ipon iei 05 ***** a SINCE 1846 Goodwill ambassador for the best companies. Put your company emblem on Cross writing instruments and let it spread lasting114 words
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Advertisement258 1984-05-16 1 mm SHARE INFORMATION 13 RAW MATERIALS 12 MONEY EXCHANGE 7 ANOTHER traveller is coming to town. Columbus will be the new name of Roxy Realty's first hotel should the Hongkong-based Peninsula chain agree to run the 25-storey hotel at Bras Basah Road. Page 3 WEST German metal workers and British258 words
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Advertisement203 1984-05-16 1 BALLY of S ivitzerland tntcu ti.i < iullt k> »l RICOH SALUTES WYWY AFTERSALES SERVICE 98% RATED WYWY EXCELLENT/GOOD From the 5000 Wywy customers surveyed in Singapore and Malaysia, almost all Ricoh users thought the Wywy standard of service to be excellent or good. Since 1968 Ricoh has been working203 words
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HOME NEWS
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350 1984-05-16 2 JOANNE YAP - By JOANNE YAP A MANUFACTURING company servicing the oil industry expects to achieve a big increase in exports of pipes fitted with connectors. Oilfield Manufacturing, owned by Mr and Mrs Peter Sproat, has projected a fourfold increase in demand to 100,000 tonnes for the350 words
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Article, Illustration280 1984-05-16 2 PETBOWS FIRST four set automatic synchronising and load sharing operation in Malaysia, based on the Petbow Powercentre System AP3OO, is due to be commissioned in April. The equipment has been supplied by Petbow Far East Pte Ltd of Singapore to the Pacific Hardwoods sawmill at Lahad Datu, East280 words
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Article184 1984-05-16 2 THE Consumer Price Index for April remained at the same level as that in March 1964. Compared to April 1963, last month's index was 2.8 per cent higher. Food and clothing were cheaper in April, but the lower prices were evened out by the higher184 words
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Article59 1984-05-16 2 PA ELECTRONICS Pty Ltd, an electronics company in Perth, has won a Raffles City contract worth A 540,000 to supply a specialised intercom system for lifts. The system, known as the PAESOO lift intercom, will be fitted in the 72 lifts servicing the hotel, office and shopping59 words
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Article315 1984-05-16 2 THE NEW cellular car telephone service introduced in December 1962 has brought in more revenue in car telephone rentals for Telecoms last year. Revenue from rentals was up 56 per cent to $2.5 million from $1.6 million in 1962. The extra revenue was due largely to315 words
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Article, Illustration285 1984-05-16 2 MICHAEL FLEMING has been appointed director of information technology consulting services at Coopers A Lybrand Associates Singapore. Mr Fleming joined Coopers A Lybrand Associates, UK, in 1966 after several years with a computer manufacturer. For the past five years, he was director in charge of consulting in285 words
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Article, Illustration345 1984-05-16 3 LISA LEE - .Name depends on outcome of negotiation with Hongkong-based chain By LISA LEE A NEW traveller will take his place with Raffles and Marco Polo once certain negotiations have been finalised. Columbus will be the name of Roxy Realty's first hotel development in Singapore, $jiould the345 words
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Article241 1984-05-16 3 Seminars and courses DURATION TITLE May 16 Taxation For Your Own Business May 16-17 Selling Profitably In Non-Profitable Times May 17-18 Tender Evaluation And Contract Administration For The Public Sector May 18 Energy Conservation Seminor '84 May 18 25 Shipping Law Lecture Course May 19 Performance Evaluation Workshop May241 words
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Article, Illustration345 1984-05-16 3 WHAT sort of education do we want for our children? For Dr Tony Tan, the Minister for Finance and Trade and Industry, the education system we would wish for our children "can be divided into three types: education of the mind, education345 words
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Page 2 Advertisements
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Advertisement451 1984-05-16 2 •>~y c -c~-V a 5?4C -A- "ef f miimM 4- •>; f T > 5| Jl ori -.j. .v.. ±.&>. v.,- y<s*g*g.f U< a _r- M v y;' < if s >.-. V 1 > v gaflK; HHP 2£ r l*''■-',*-v'Si M-AN 271 »<*2' i.jb -4-^,- „>v -w .J'.'P--'^Ny"-A* 7"451 words
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Page 3 Advertisements
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Advertisement78 1984-05-16 3 Now at the Stamford Arms, Get a Scotch... and a half. If you order a full bottle of Bell's 12-year old Scotch Whisky between 5 and Bpm at the Stamford, we'll give you a half bottle of Bell s 12 to take home. How's that! From Monday 14th to Thursday78 words
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Advertisement178 1984-05-16 3 1 wuuiuit uiriii uu uugil uie. Thel9B4 Canon Breakthrough N0.3 Canon's latestccopies improve on originals -with every copy. >• X v 9 HI:, The brilliant new Canon NP 270 and NP 500 copers have a feature that allows you to grade a picture lighter or darker without affecting the areas178 words
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OVERSEAS
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Article, Illustration283 1984-05-16 4 AP THE US State Department has called the remarks of Marat Gramov, head of the Soviet National Olympic Committee, a "classic case of complete distortion and twisting of facts to fit a particular Soviet line". The department denied Mr Gramov's statement that White House deputy chief ofAP; AP picture - 283 words
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Article351 1984-05-16 4 Military spending likely lo hit US$l trillion AP THE WORLD will be spending US$l trillion on weapons and other military purposes by next year. The US Arms Control and Disarr-ament Agency in Washington said on Monday that from less than $300 billion in 1972, military spending roseAP - 351 words
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152 1984-05-16 4 Reuter A H3ALTH pressure group has accused leading drug multinationals of pushing sales of unnecessary pharmaceuticals in developing countries while at the same time children there are dying for want of cheap, basic products. The Geneva-based Health Action International. which groups aboutReuter - 152 words
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Article77 1984-05-16 4 UPI PURISTS may turn away in disdain, but three California winemakers are offering wine by the keg. Paul Masson Vineyards has joined Almaden and Inglenook in the marketplace with wine on tap. The idea is to give restaurants, bars and even sports stadiums a convenient, largescaleUPI - 77 words
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Article726 1984-05-16 4 ARRIVALS Operator Service Locol From number time PAA MAS PAS 0020 JFK/SFO/HKG MH681 0820 KUL KAL KE624 0840 KUL CAL CI0I0 0825 JED/DHA MAS MH60I 0905 KUL MAS MH67I 0935 KUL MAS MH8II 0940 PEN RBA BI42I 1000 BWN SIA SQI03 1005 KUL CPA CX710 1035 HLP726 words
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242 1984-05-16 5 Primaries 34 s Reuter PRIMARY elections in NebrasJ ka and Oregon yesterday could give Gary Hart another boost in his uphill struggle to snatch the Democratic presidential nomination from Walter Mondale. o Mr Hart, mounting a dramatic drive against the former vice-presidentReuter - 242 words
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Article, Illustration49 1984-05-16 5 JESSE JACKSON, candidate for the Democratic presidential nomination, shakes hands with rapportera and well-wishers as he leaves a campaign rally in San Francisco's Chinatown. Ia his earlier campaign speech, he had called for redactions in defence spending and a battle against poverty. UPI picture UPI pictureUPI picture - 49 words
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206 1984-05-16 5 Reuter TWO POLICEMEN were killed and scores of people arrested in the strike-bound North Indian state of Punjab on Monday where curfews have been imposed in a bid to curb sectarian clashes, the Press Trust of India (PTT) reported. The news agencyReuter - 206 words
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Article36 1984-05-16 5 UPI THREE smokers stricken by lung cancer have sued the American tobacco industry and its advertising companies for US$l billion, claiming they should have been warned that tobacco was habit-forming. UPIUPI - 36 words
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441 1984-05-16 5 »i W I FT WEST GERMAN metalworkers' first serious strikes bit deep on Monday. BMW, the leading car maker, announced that it would be closing four key plants from tomorrow for want of component parts. BMW's reaction came only 12 hours after strikes by 13FT - 441 words
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245 1984-05-16 5 FT OPPOSITION by Third World countries makes it unlikely that a proposal to hold a new round of multilateral trade negotiations will be accepted at a twoday council meeting of the General Agreement on Tariffs and Trade (Gatt). The meetingFT - 245 words
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Article230 1984-05-16 5 UPI THE UNITED Auto Workers union is certain to strike against one of America's car makers and the only question is how long the walkout will last, economist Michael Evans said. Mr Evans, president of Evans Economics Inc. said on Monday that the union must strikeUPI - 230 words
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Article155 1984-05-16 5 l^3ZS2dElSKZiEiSsS3KSilS3kBESS[jj![jl|jiljjlß AP MINERS' union leader Arthur Scar gill said he was prepared for the coal strike in Britain, now entering its 10th week, to last until December, and he urged the minority of working miners to join the strike. Mr Scargill was speaking on Monday atAP - 155 words
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470 1984-05-16 6 Reuter NEW MISSILE attacks in the Gulf left four oil tankers either ablaze or in distress yesterday as the Iranian-Iraqi conflict flared anew. At the same time, both Iran and Iraq reported ground fighting seemingly concentrated along southern sectors of the front inReuter - 470 words
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142 1984-05-16 6 Reuter THE FEDERATION of Indian Chambers of Industry and Commerce (FICCI) has proposed that Indian companies issue bonds in stock exchanges round the world to attract an estimated US$25 billion to $30 billion of expatriate Indian money. Secretary-general D H Pai PanandikerReuter - 142 words
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Article, Illustration103 1984-05-16 6 AP photo UNLESS yon are suffering from a hangover, it's quite apparent that the original Hang Ten emblem (right) and a counterfeit one (left) are quite different. But, hang on, the American maker of sports wear disagrees. The company is taking action against theAP photo - 103 words
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Article77 1984-05-16 6 UPI HONGKONG'S racy tabloid newspaper, The Star, has folded, due to "financial problems", after 19 years of publication. General manager Edward Hung said yesterday that "it was a painful decision," to close both the English and Chinese language editions of The Star, which featured boldUPI - 77 words
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Article216 1984-05-16 6 UPI THE SOVIET Union is stationing additional nuclear weapons in East Germany in response to the continuing Nato deployment of US nuclear missiles in Western Europe. Moscow, in an official Tass statement on Monday, also hinted it would base nuclear weapons in other Warsaw Pact countriesUPI - 216 words
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235 1984-05-16 6 Reuter THE BRITISH government yesterday admitted that it was kept in the dark for eight days about the arrest of a top ministerial aide in a male striptease club. Dr Keith Hampson resigned as parliamentary aide to Defence Secretary Michael Heseltine duringReuter - 235 words
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WORLD IN BRIEF
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Article47 1984-05-16 6 THE US "Debategate" affair took a new turn in San Francisco on Monday. A federal judge ordered US Justice Minister William Smith to appoint a special prosecutor to investigate how President Reagan's campaign organisers came to possess confidential documents belonging to his predecessor Jimmy Carter.47 words
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Article57 1984-05-16 6 FORMER Nazi Walter Rauff, who was wanted to face war crimes trial for the deaths of hundreds of thousands of Jews in Hitler's mobile gas chambers during World War Two, died on Monday in Chile. Chile had been his haven for 25 years. A hospital statement said57 words
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Article49 1984-05-16 6 US ELECTRONICS expert James Harper was sentenced to life imprisonment by a federal judge in San Francisco for selling US missile secrets to Poland. Harper, 50, was alleged in a US government affidavit to have received more than U*****,000 for information on missile research programmes.49 words
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Article55 1984-05-16 6 ISRAELI Cabinet Minister Ariel Sharon said that Israel had supplied weapons to Iran in the past with the knowledge of the US government. The sales were made "years in the past, with the knowledge of the American administration", the Minister Without Portofolio said during an appearance sponsored55 words
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Article43 1984-05-16 6 THE EEC Commission has accepted undertakings from two Japanese exporters of colour photographic paper to raise their prices to a level which would eliminate injury to the European industry. This completes an antidumping investigation which was begun in October 1983. Agencies.43 words
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322 1984-05-16 6 Reuter BRITAIN'S Conservative government enters a parliamentary debate on Hongkong's future today under considerable pressure to allay suspicions of a sell-out over the eventual return of the colony to China. The government will allow Parliament, which has the final say on any agreement,Reuter - 322 words
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168 1984-05-16 6 FT FRENCH company employers are getting progressively older, more tired and more worried about the future. To try to inject more red blood corpuscles into the country's corporate arteries, a government-back-ed financing scheme was launched on Monday to enable elderly chairmen to moveFT - 168 words
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Article51 1984-05-16 6 UPI US VICE-PRESIDENT George Bush, defending the US$3.2 billion arms pact with Pakistan, said yesterday that the country does not want to threaten and encircle India. "We do not want to see India threatened," he said at the end of his four-day visit to New Delhi.UPI - 51 words
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Page 4 Advertisements
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Advertisement37 1984-05-16 4 Texas Instruments 300 and 600 Business Systems Computers are jVJ Texas'^? Instruments Creating useful products and services for you. Texas Instruments Asia Ltd, 12 Lorong Bakar Batu, Unit 02-08 Kolam Ayer Industrial Estate, Singapore 1334. Tel: *****5537 words
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Advertisement116 1984-05-16 4 %7i Savings Account 7.23 Approximate effective annual interest rate Time Deposits 1 —12 months 7.25 i Per annum BEACH ROAD: 115 Bcach Road, Td: 337E275 COLL YES QUAY: 21 Collyw Quay, Hoogkongßank Buiktini, Td: rHffltl JURONG: 1 Tab Chtag Road, Td: *****41 MARINE PARADE: 80 Marine Parade Road, Parkway Parade,116 words
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Page 5 Advertisements
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Advertisement71 1984-05-16 5 if LANVIN j fr** m 111 I I /m iu^ A CJ LANVIN m/,- Suggested retail prices LAN VIN PARIS The Art of Dressing Available exclusively from BOUTIQUE LANVIN Hvatt Reaencv n yau negency b,n 9apore. Scotts Road. Singapore 0922. Tel *****39 Open.ng hours Mon to Sat 10am 7nm q,71 words
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Page 6 Advertisements
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Advertisement232 1984-05-16 6 Bin Am First In Space X The first thing you notice as you enter the First Class cabin of a Pan Am 7475P is the extraordinary feeling of space. First In Comfort And as you settle into your Space Seat, your Pan Am Sleeperette Seat,® this sense of spaciousness becomes232 words
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Advertisement38 1984-05-16 6 Protect your office carpet with Permasil trip-proof plastic sheet ll > mr*. t *4 Permasil clear plastic sheets protect carpet and increase mobility. Call Tel: *****55 (office), *****61, *****31 (factory) today. Free delivery. Sole agent Inchem Products (Re) Ltd38 words
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BANKING AND FINANCE
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Article275 1984-05-16 7 KUALA LUMPUR: The US dollar closed at 2.3040/ 50, and the Singapore dollar at 109.40/50. JAKARTA: The US dollar was fixed at 1006.50/ 1010.00. LONDON: The dollar opened higher yesterday in quiet trading, recovering from the sharp sell-off which started on Monday afternoon. It opened at 2.7585/95 marks,275 words
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Article176 1984-05-16 7 TOKYO Futures closed firmer yesterday on sporadic shortcovering by trading houses and speculators as a result of the yen's weakness against the dollar in the past few days. Trading was thin. Many private speculators held off and waited for fresh incentives. Turnover fell to 281 lots from 314 on176 words
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354 1984-05-16 7 Reuter CONTINENTAL Illinois National Bank and Trust Co of Chicago has obtained a US$4.5O billion stand-by funding facility from a syndicate of 16 American banks. Chairman David Taylor said the bank, a unit of Continental Illinois Corp, obtained the stand-by facility to "ensure that Continental's fundingReuter - 354 words
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Article, Illustration243 1984-05-16 7 NYT PRESIDENT Reagan of the US has refused to endorse criticism of the Federal Reserve Board that was expressed last week by Larry Speakes, the chief White House spokesman, and by Treasury Secretary Donald Regan. They had blamed the Fed for risesNYT - 243 words
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Article512 1984-05-16 7 Public confidence in most finance companies at 10-year low Reuter THE COLLAPSE or suspension within the past seven months of 12 private finance and real estate finance companies has severely shaken Thailand's money market, plunging public confidence in most finance firms to its lowest level inReuter - 512 words
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439 1984-05-16 7 Reuter JAPANESE issues of Swiss franc bonds are expected to be slow in June in reaction to heavy business and a heavy schedule of Japanese business result announcements in May and April, securities industry sources said. Active May issues areReuter - 439 words
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Article92 1984-05-16 7 Reuter THE Napalese government has registered the country's first bank with foreign participation, the Nepal Rastra Bank said. Dubai Bank Ltd will own 50 per cent of the Nepal Arab Bank Ltd and government financial institutions 20 per cent. The balance will be held byReuter - 92 words
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Article, Illustration284 1984-05-16 7 Reuter TALKS between the US and Japan on opening up Japan's financial markets are going well, said US Treasury Secretary Donald Regan. He said on Monday that at an economic summit in Williamsburg last year, he and Japanese Finance Minister Noboru Takeshita wereReuter - 284 words
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Page 7 Advertisements
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Advertisement304 1984-05-16 7 8 g<xxl reasons why investing in the North of England is the nearest thing to a bed of roses. Nissan O Zanussi Opti Electrolux Nestle mmi Philips ESII Alcan C 3 Fisher Price And from Hong Kong, knitwear, garment, plastic packaging industrial glassware manufacturers. These are just eight of the304 words
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Advertisement155 1984-05-16 7 Ha solves somemvste for office m sferre of inner management Planscape plans and creates efficient workstations quickly and with flexibility. A system designed around interchangeable panels, overhead storage units all linked together with a series of posts. Designed to solve the mysteries of: Floor space saving Power consumption saving Construction155 words
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FEATURES
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Article487 1984-05-16 8 IN ONE Nepalese village, women do most of the farming and all of the housework. They collect water from the foothills and heave the jars up to their homes. Lamented a 35-year-old Nepalese teacher furthering her study in the United States, "We spend a big part487 words
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Article, Illustration1344 1984-05-16 8 JAIME LYE - While more Japanese are taking more holidays than ever, Singapore is seeing fewer of them By JAIME LYE IT WAS in the mid-sixties that restrictions on overseas travel by the Japanese were lifted. Since then the Japanese have been temporarily exporting themselves with the same sort of1,344 words
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830 1984-05-16 8 CHARLES BATCHELOR - By CHARLES BATCHELOR FT DEVELOPING countries desperate for funds present an easy target for the professional trickster involved in the advance fee racket. Once the victim has taken the bait, considerations of prestige and loss of face may mean he is unableFT - 830 words
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Article725 1984-05-16 8 TOM WICKER - By TOM WICKER NYT PAUL VOLCKER, the chairman of the Federal Reserve Beard, gave voice the other day to one of those Ideas whose time appears to have come a limit oa the Interest rates charged to Latin American countries hardened with overwhelming externalNYT - 725 words
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Article, Illustration995 1984-05-16 9 DANIEL GOLEMAN - psychiatrists turn their attention to the problems that the wealthy grow up with By DANIEL GOLEMAN NYT OF THEM lead lives of emptiness, cannot hold a job, have no lasting relationships an)l move aimlessly from place to jilace in an isolated orbit an fT ooNYT - 995 words
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Article, Illustration691 1984-05-16 9 Reuter TH£ UNITED STATES may scrap its unsuccessful policy of trying to sell specially built, less advanced warplanes to its Third World allies and offer them first-line fighters instead, Defence Department officials say. Singapore is the only nationReuter - 691 words
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Page 8 Advertisements
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Advertisement553 1984-05-16 8 Strategic Management Singapore, July 3 4,1984 Strategic Management establishes the place in, and the relationship of the organisation with its environment. Strategic Management is a key job of top level general managers as well as managers oo other levels whose jobs are to maintain and improve the organisation's relations with553 words
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Page 9 Advertisements
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Advertisement22 1984-05-16 9 Incase dircct .ill enquiries to: 101,1 homsnn Road. «()S-()| (h (roldhill Square, Singapore 1 1 Tel: JVvXHI Ii lines). Tlx: sS7<r. RS22 words
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Page 9 Miscellaneous
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Miscellaneous663 1984-05-16 9 CRYPTIC PUZZLE ACROSS 1 Mork volunteers in error ?5) 6iA magical job of casting? 2 5 > 9 flattened nor sharpened (7) 10 Sinister nickname? (5) 11 Garments a Scot makes (5) 12 Difficult, being drunk? (5) 13 A maker's new navigational aid (7) 15 Sheepish female? (3) 17. A663 words
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Miscellaneous219 1984-05-16 9 W2 m ajKSMa Coll me Flicka: a portrait of Frederica Von Stade 8.03 pm Frederica Von Stade is not only an entrancing and talented operatic singer, she is also a dedicated worker who has gained the affection and respect of both the general public and her fellow musicians. This programme219 words
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INTERNATIONAL STOCKS
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Article180 1984-05-16 10 Reuter THE ROYAL Dutch/Shell group said the Delaware Chancery Court has ordered it to distribute a new supplement to its tender offer material in its US$5B per share bid for all Shell Oil Co shares. The company said it must obtain a new opinion fromReuter - 180 words
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293 1984-05-16 10 WALL Street's high emotional level, characterised by a continuing fear of increased interest rates, caused stocks to close lower in moderate trading on Monday. The Dow Jones industrial average was lower throughout the day, closing off 6.07 points to 1,151.47. Bargain hunters,293 words
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Article214 1984-05-16 10 MAY M Abrtd* C$ 26 unch -4 Imp CM kneo 384 IS •4 Ale on 36 H Int Prov Pipe 264 4 Algomo Bonk Mont 23W 23W unch ■4 km Ufs tntl hbckel 264 15 -4 •4 Bonk Novo Scotia IOW Kerr Add 174 •4 Bet Tel 304 -4214 words
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Article174 1984-05-16 10 MAY 14 lend industrials Un Steel Unsec Woolworth 138 562 1825 3 2 25 A Alpha 960 MININGS Abercom 215 A£ And a 950 unch Anglos 2160 -75 Amaprop 3100 unch unch Barlows 1370 ■10 BuffeH C G Smith x 2625S 400 Chckers CNA 325 Cum* Finance 535S 910174 words
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Article493 1984-05-16 10 MAY 14 us$ 52w F rest one Tr« Flntkott Co IS* Nort Gypsum Co NCR Corp 34* 105* -1* -1* Fkxv Cp 18* -H Newmont Mng Nort ok Aicoo FMC Cp 47 54* 23H Ford Motor 35 Fr report Mjnrl 20* Fret>x»irf Cp 34* II* Afln-Chofcrwr* CMm Cp493 words
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Article633 1984-05-16 10 Amsterdam MAY 14 ABN Fk 358 00 3 Aegon Ahold Ak*o AMEV 131 00 15 191 50 +0 1 93 90 +0 6 152 80 -2 Amfos Amrotonfc 63 00 -0 8 Mi 3600S -I Boh Borsumi Botko Burtet Cokmd Cat* 94 20 -18 245 00 -4 31633 words
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Article172 1984-05-16 10 NYT CREUSOT-LOIRE, the French engineering group which has sought protection from its creditors, was granted a two-month debt moratorium on Monday under French bankruptcy law. The formal decision announced by the Paris Tribunal of Commerce, gives the group until July 13 to work out a rescueNYT - 172 words
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Page 10 Advertisements
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Advertisement531 1984-05-16 10 -iw' mi gmt •iw fc r 'mm v -<4U'.i :v: CT > Make an occasion of your club or society luncheon al Soulhern Village Southern Village offers you a Special Club Lunch offer for your club or society luncheon. For as little as $120 per table of ten, you'll be531 words
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Advertisement93 1984-05-16 10 (Special 4 Quick Lunch tor tour person*, at $25.00 V*<> jjovt. tax **> xz -a} deserves an equally f exquisite setting. Because we believe in this, we have created at Lc Restaurant de France, a setting that fully complements the superb cuisine of French Masterchef. Louis Outhier and his protege93 words
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ASIAN STOCKS
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Article431 1984-05-16 11 HONGKONG: Prices closed moderately higher yesterday but were off the highs as a result of some late profit-taking. Dealers attributed the rise to technical adjustment following recent falls in the market. Cheung Kong rose 25 HK cents to 18.25, China Light 50 to $11, HK Electric 15 to $5.25,431 words
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Article234 1984-05-16 11 MAY IS Al Sincere Indus NT 9.10 34 30 unch +0 1 0 7 unch 0 8 -03 +0.1 -0 1 -0.1 -0 1 -0 1 0 1 0.2 -0 1 -02 0 2 unch +0.1 0.2 -03 unch unch Chem Indus Lien Hwo Indus Nan Y a Plos234 words
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Article431 1984-05-16 11 TOKYO: Prices fell heavily at first in an extension of Monday's nearrecord decline but rebounded on afternoon bargain hunting and closed higher on the day. The market average, which fell 270.53 on Monday, the second largest fall on record, closed up 41.20 at 10,604.54 on a turnover of 280431 words
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Article70 1984-05-16 11 May 14 Won 685 5 Hyund® Corp Hyundai Motor KAL 680 555 460 712 5 4 -5 Choheung Bk 685 5 Korea CM 980 9 Comrrwvco) Bk 705 580 Korea Sh*> r Lucky Ltd 410 720 +7 Daewoo Corp 390 550 -7 Sarmung Co 635 870 +2 Dong Ah70 words
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Article411 1984-05-16 11 SYDNEY: Overseas selling intensified the pace and scale of losses in the current market downturn on Australian stock exchanges. Blue chip ipiners again bore the brunt of the sell-off, but industrial shares also suffered from the loss of confidence. The All-ordinaries index closed 9.6 points lower at 729.5. Most411 words
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Article166 1984-05-16 11 BANGKOK: Shares closed mixed with losses outnumbering gains in quiet trading. The book club index dropped 0.06 to 117.26 on turnover of 10.3 million baht. Industrial Finance Corp fell three baht to 130, Thai Farmers Bank two to 238 and Saha Union one to 109 but Siam Cement and166 words
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Article111 1984-05-16 11 MANILA: Prices closed generally firmer yesterday in dull trading reflecting uncertainty about results of Monday's parliamentary elections, the domestic economic situation and investor caution about prospects of a peso devaluation. MAT IS Acot* Mnng Pm i Onantof B Phi Ovwmoi Ph4a. B 0015 ***** unch 0005 Ap«« Mnng B111 words
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Article50 1984-05-16 11 TOSHIBA Corp will establish a microwave oven manufacturing plant in Britain to meet growing demand in European markets. Capitalised at US$5 million, the plant, which will be the first Japanese microwave manufacturing facility in Europe, initially will make 20,000 ovens a month starting next April.50 words
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Article239 1984-05-16 11 Reuter OCCIDENTAL Petroleum Corp will set up a new Bahrain-based gas and oil exploration and development subsidiary, and offer half of its shares outside the US, mainly to Middle East investors. In a statement released in Bahrain, it said 50 per cent of the shares in theReuter - 239 words
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Corporate round-up
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Article106 1984-05-16 11 NISSAN Motor Manufacturing Corp USA, which currently builds small pickup trucks at a plant near Nashville, expects to be profitable by 1965, with its new car assembly operation contributing substantially when it goes on line next year. The number of trucks built at Nissan's Smyrna plant106 words
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Article85 1984-05-16 11 JAPAN'S two largest trading companies are expected to form a joint venture to participate in liquefied natural gas development projects in Thailand and Australia. The two companies, Mitsui and Co and Mitsubishi Corp, are now close to a decision on joint participation in LNG development85 words
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Article57 1984-05-16 11 CITIZEN Watch Co Ltd has reported parent company after-tax profit of 5.89 billion yen (4.80 billion) for the year ended March 31. Current profit was 10.74 billion (8.33 billion) and operating profit 8.93 billion (6.63 billion) on sales of 127.49 billion (111.44 billion). The company is57 words
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Article107 1984-05-16 11 PIONEER Electronic Corp has returned consolidated net income of 4.55 billion yen (net loss 1.90 billion) for the six months ended March 31. Pre-tax income was 10.80 billion yen (3.94 trillion) on sales of 161.37 billion (152.72 billion) Earnings per share was 38.66 yen107 words
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Page 11 Advertisements
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Advertisement88 1984-05-16 11 t,; m IS p T asi ir.P $12*P«rP«^.. CATHAY. Roy®l wngapoie A glorious German wine celebration, highlighting a lavish German buffet and exclusive German wines from the renowned wine-growing regions: Moselle-Saar-Ruwer, Rheinhessen, Rheingau, Rheinfalz, Franconia, Alsace, Baden and Nahe. Made available by the glass for your tasting pleasure. With live88 words
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Advertisement125 1984-05-16 11 If smooth and silky is your style of relaxation, then surround yourself with SILK tonight. The smoothest trio in town entertains Mondays to Saturdays in the luxury of the Fountain Lounge, Century Park Sheraton* Singapore Wh*rt styte surrounds you. Nassim Hi. Singapore 1025. Tel: *****77 Tetex CPHSIN RS ***** &RS125 words
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Advertisement130 1984-05-16 11 f» p 84 i Para Wave's first-ever Freestyle Dance Championship... every Wednesday, till The Grand Final on June 6. Come and be part of the thriller. Heats: Wednesdays, 2.9G 16 May Resident Judge: Mrs. Vivien Kok natd. aistd (London* Steven 6 Vivien Dance Studio Opening hours 9pm to 2am i130 words
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Advertisement105 1984-05-16 11 A different buffet evenday to whet yjur appetite. 'f S.SJ <f r" 'r v v;/.* i'V f U liy" v=d O&3HAXSL II F One of the biggest choices anywhere. Plus the Winery, Patisserie. Home-made ices. Real Italian Espresso. Luncheon Buffet: Daily 12 noon 2.30 pm. Dinner Buffet: Daily 7 pm105 words
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Advertisement172 1984-05-16 11 4 You can taste it with your eyes At Pin Hsiang Restaurant, Singapore's NEWEST addition to good, traditional Sichuan cuisine. Conveniently located next to the Shangri-la Hotel. At the RELC Building. With ample FREE parking facilities. We also cater for weddings, anniversaries, etc. And have private function rooms. Pin Hsiang172 words
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RAW MATERIALS
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Article466 1984-05-16 12 THE US steel industry, struggling through its most difficult period since the *****, has turned to Congress for help in combatting imports after receiving a rebuff from the administration, industry sources said. Taking its cue from the car industry, which won restraints on imports from466 words
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119 1984-05-16 12 Reuter THREE JAPANESE precious metal traders have formed a spot silver market and are carrying out dealings in yen terms for delivery in Tokyo on a trial basis, sources said. The three companies, Nissho Iwai Corp, Sumitomo Corp and Tokuriki Honten Corp, are theReuter - 119 words
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Article282 1984-05-16 12 Singapore Broken The market was closed y ester il-S-.X' 0^0 M ""£'£S2 a Thai white hrst grade Unc 100% 1st class 100% second grade 25! (kangaroo) 100% ttwd grode Unc new crop I 05 Parboiled 2?" 0 82 5% 26C •00 3rd do** 0 78 «0% 255 P* 'W*282 words
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Article169 1984-05-16 12 FUTURES CLOSED 4«/ i to cents lower, near the middle of a 7'/2-cent range on the Chicago Board of Trade on Monday. May prices declined sharply relative to new crop as export business quietened from Friday's active levels. A resumption of delivery intentions against the May contract contributed to169 words
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Article135 1984-05-16 12 LONDON: Rubber futures at midday were £5 a tonne above to £5 below Monday night's close in very dull conditions. The market lacked trading incentive with the Singapore and Malaysian markets closed for the Vesak Day holiday. Turnover was restricted to two lots at five tonnes in August at135 words
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Article45 1984-05-16 12 Reuter TAIWAN S Maize Importers' Joint Committee will tender US suppliers tomorrow for two shipments in July and two in August. The official said the first shipment in both months will be 27 000 to 33 flfln both will be HOWto SjmReuter - 45 words
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Article1116 1984-05-16 12 COFFEE Robusta futures closed a fairly subdue morning yesterday unchanged to £16 high er. July stood at £2,288, £16 up fror Monday, but below the morning high o £2,302. Physical markets were quiet thoug] medium grade traded for May shipmen at £70 under July. Turnover totalled 1,23 lots1,116 words
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Article91 1984-05-16 12 CHICAGO soybean futures closed unchanged in May to 4V< cents per bushel higher, finishing at the top of a 14-cent range on Monday. Nearby soybean prices rose following a late rally in soy oil, continuing last week's upward price trend as the market rationed short supplies. A flurry of91 words
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Article143 1984-05-16 12 Yarn Shirting 116.50 (In HK$ per bole of 400 lb) Hongkong Golden Peak, 60 x 60 115 50 Chino carded yarn, cones White cioth Blue Phoenix 16's Blue Phoenix 20's Blue Phoenix 32's Blue Phoenix 40's 3,550 3,600 4,000 4,500 Japan No 10,000 Three Peoches Japan No 2003 Flying143 words
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223 1984-05-16 12 THE US Agriculture Department said that 1964 US winter wheat production is estimated at 1.96 billion bushels, down less than one per cent from last year's bumper harvest of 1.99 billion bushels Winter wheat is planted in the autumn and harvested the223 words
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158 1984-05-16 12 Reuter THE INDIAN government has raised its cash compensatory support (CCS) to boost exports of various jute goods, effective from May 9 until March 31, 1965. A government statement said that the CCS had been raised to 12 per cent from a uniformReuter - 158 words
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477 1984-05-16 12 AFP AGAINST a background of pervasive optimism for the economies of the Organisation of Economic Cooperation and Development, higher prices are forecast for most base metals in the latter part of 1984 and through 1965. The London Metal Brokers Amalgamated Metal Trading (AMT)AFP - 477 words
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Page 12 Advertisements
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Advertisement1104 1984-05-16 12 TH E ROYAL BAN K OF CANADA STATEMENTS FOR THE FISCAL YEAR ENDED OCTOBER 31, 1983 Zll* 0 4• Consoldatad Statement of Asaets (in thousands of Canadian doflars) Assets Cash Resources Cash and deposits with Bank of Canada Deposits with other banks Cheques and other items in transit net Securities1,104 words
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COMPANY NEWS
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239 1984-05-16 13 AT MULPHA (Singapore) Ltd, plans are in the pipeline to diversify its operations in the Republic as well as in neighbouring countries. Chairman Tan Koon Swan said the company is actively pursuing these goals and new Ventures will be tied up sooner than expected.239 words
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Article658 1984-05-16 13 CHAN OI CHEE - By CHAN OI CHEE MULPHA International Trading Corporation (MITC), the international flagship of Multi-Pur-pose Holdings Bhd, is looking for further opportunities to develop and expand its manufacturing operations. New investments and jointventures in selected sectors of the manufacturing industry will be considered, said chairman Tan Koon658 words
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Article, Illustration3367 1984-05-16 13 NYT IN MANY ways, Ferranti PLC is the kind of company Prime Minister Margaret Thatcher's Conservative government wants Britain to bet its future on. To begin with, no matter how narrowly "high technology" is defined, most of what Ferranti does could be included.NYT - 3,367 words
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521 1984-05-16 14 SHELL Refining Company (FOM) Bhd expects net income in 1984 to be lower than 1983 as a result of some pressure on profitability. Shell (FOM) chairman Mr R M Charlton said in his latest annual review that product prices are likely to weaken further521 words
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Article100 1984-05-16 14 Reuter MELLON National Corp will consider restructuring its acquisition of Heritage Bancorp to conform with Federal Reserve Board policies, if its lawsuit to acquire the bank is rejected. Mellon president and chief executive officer David Barnes said the company is willing to consider an acquisition ofReuter - 100 words
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374 1984-05-16 14 Reuter ITALIAN car maker Fiat reported almost doubled profits for 1983 and said it was planning a major fund-raising operation for large-scale growth over the next three years. The Turin-based car giant said its proposed capital increase, under which investors wouldReuter - 374 words
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85 1984-05-16 14 Reuter THE BRITISH government has cleared the proposed acquisition of Comet Group PLC by Woolworth Holdings PLC and will not refer the bid to the Monopolies Commission, the Department of Trade and Industry said. The government has aisn cleared the proposal whereby Pargesa HoldingReuter - 85 words
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166 1984-05-16 14 Reuter MERCANTILE House Holdings PLC chairman John Barkshire said the company's acquisition strategy is largely complete in London, and the next region of interest is the Far East. Mr Barkshire was addressing a press conference after news that the international financial services group willReuter - 166 words
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580 1984-05-16 14 NYT WHILE leveraged buyouts like the recent US$2.4 billion offer for Esmark Inc are creating the greatest excitement in Wall Street, corporate buyback programmes are also on the rise. Under a corporate buyback, a company uses its own money to repurchase part ofNYT - 580 words
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613 1984-05-16 15 MOQ i BSJQBI3.J By HOCK LOCK SIEW THERE HAS been speculation in recent months that interesting developments could be in the offing at Kuala Kampar Tin Fields, which is an associate company of Malaysia Mining Corporation (MMC). One of the most commonly mentioned theoriesBy HOCK LOCK SIEW - 613 words
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Article, Illustration744 1984-05-16 15 CHEN QINGSHUN - By CHEN QINGSHUN AMBITIOUS plans to redevelop properties belonging to Haw Par Brothers International Ltd have been shelved. Chairman Wee Cho Yaw said the decison was taken after careful consideration, although substantial preliminary work had already been undertaken following the policy of giving744 words
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Article, Illustration197 1984-05-16 15 MR JACK Chiarapurk (absve), through MPH Investments (S) Pte Ltd, bought 9,000 shares in Hetel Tai-Pma Ltd for $9,000 on May 11. Following the purchase, Mr Chia has, or is deemed to have, interest in 41.19 million shares representing 68.66 per cent of Tai-Pan's paidup capital of $60197 words
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419 1984-05-16 15 SIME Sembawang Engineering Sdn Bhd, the joint venture between Sime Darby and Sembawang Engineering, has so far invested about Ms3o million in its fabrication yard project in Johore. When the yard, sited on a 14.2-hectare piece of land at Pasir Gudang, is completed419 words
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Article1042 1984-05-16 15 SHARE prices yesterday ended firm after a mixed opening buoyed by recent optimistic annual company reports but trade was quiet, dealers said. At 3pm, the Financial Times 30 index was up 3.6 points at 877.6. British Aerospace ended 38p higher at 295 after Thorn EMI said it initiated1,042 words
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544 1984-05-16 15 TIMAH Langat Bhd's newly acquired 35 per cent stake in Gentinggi Sdn Bhd is expected to yield significant contributions to group profits in future years. Chairman Datuk Haji Ahmad Razali bin Haji Mohd Ali. who is also Selangor's Mentri Besar, said in544 words
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Article341 1984-05-16 15 LAST FULL YEAR Company Period Date Net EPS Gross Net announced (cents) drv profit lost yeor <%> ($*000) Killinghall Tin Ful year Feb 24 28 7(e) 35.7(a) 8,026 MBf Hldgs Ful year March 11 7.0(e) 7,161 Ming Court Interim Feb 12 300 3,127 Rosa Soyang Ful year April341 words
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Page 13 Advertisements
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Advertisement78 1984-05-16 13 The only Car Rental Company In Singapore that offers chauffeur driven Cadillacs r I r 2 Hourly rental at SsBo. Minimum rental is three hours. Daily rental at Sss6o. for the first eight hours. A surcharge of Ss2o per hour is levied from 2400 to 0800 hrs. (Prices quoted are78 words
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Page 14 Advertisements
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Advertisement170 1984-05-16 14 APPOINTMENT International trading company in Tropical produce has an operant for a TiTTi Who has experience with the international import and export trade and has knowledge of the intricacies of futures markets (London/New York). The suitable man or woman should be able to shoulder responsibilities covering all aspects of the170 words
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Advertisement201 1984-05-16 14 BANQUE INDOSUEZ "TRADERS' MONITOR" AT A GLANCE YOU'LL KNOW WHERE YOUR COMPANY STANDS EVERY MONTH. In business, time is indeed money, The less time you spend getting vital information, the more you'll have for getting totally down to business. From now onwards, the Traders' Monitor allows you to do just201 words
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Page 15 Advertisements
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Advertisement249 1984-05-16 15 U5520,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 19th November 1984 THE DAIWA BANK LIMITED (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the last six month interest period from 17th May 1984 to 19th November 1984, the Certificate will249 words
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Advertisement62 1984-05-16 15 The Republic of Costa Rica U.S. $20,000,000 Floating Rate Notes due 18th November, 1985 In accordance with the provisions of the Notes, notice is hereby given that for the six month Interest Period from 16th May, 1984 to 16th November, 1984 the Notes will carry an Interest Rate of 13®/ie%62 words
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Article, Illustration265 1984-05-16 16 FORMER university don and secretary of the Securities Industry Council, Dr Tan Pheng Theng, who has been working in Washington for the past seven years, may return to Singapore to join a local law firm. According to legal and financial circles here, Dr265 words
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Article, Illustration546 1984-05-16 16 JEFFREY TSANG - By JEFFREY TSANG COMMERCIAL computer schools, unheard of just four years ago, are proving to be a profitable business, returning approximately 20 cents for each dollar invested. Seldom requiring more than $500,000 for the computer hardware and instruction manuals, the viability of this business546 words
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362 1984-05-16 16 Tfife v Jain Murder Bernama TWO LAWYERS alleged in the Hongkong High Court yesterday that the police lied to them in saying that no statements had been recorded from Kelang businessman Mak Foon Than, accused of killing Bumiputra Malaysia Finance (BMF) executive JalilBernama - 362 words
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187 1984-05-16 16 BANK of America has chosen Singapore and Hongkong as sites for its regional data processing centres. These two centres will become an integral part of a new sophisticated information processing system called the International Business System. The bank will invest about US$l75187 words
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Article44 1984-05-16 16 UPI PROGRESS has resulted in a step back in time for the postal service on the island of Kauai. Because of traffic congestion. the postal service now has its first walking mailman. "I really like the walking," said postman Norman Gonsalves. UPIUPI - 44 words
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Article176 1984-05-16 16 UPI IN A MAJOR speech convening China's Parliament yesterday, Premier Zhao Ziyang called for sweeping economic reforms, pledged to support nuclear nonproliferation and urged a further opening to the outside world. Mr Zhao, delivering a 60page State of the Nation address before nearly 3,000 membersUPI - 176 words
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188 1984-05-16 16 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday night urged Muslims not to use religious duties as an excuse to avoid work. Religious duties should not obstruct work or vice-versa, he said. While Islam makes it compulsory188 words
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Article39 1984-05-16 16 Reuter THE Sri Lankan government said yesterday there was no evidence that Tamil guerillas had freed a kidnapped American couple. The couple was seized at gunpoint last Thursday from their home in Jaffna. ReuterReuter - 39 words
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LATE FILE
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Article58 1984-05-16 16 UPI A SINGAPORE resident has been sentenced in a San Francisco court to one year in prison for smuggling Honduran coffee into California in a US$9 million scheme to circumvent import quotas. Attorney for Hemant Patel, 24, filed an appeal after the order of the sentence andUPI - 58 words
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Article42 1984-05-16 16 Reuter SOVIET forces have suffered heavy casualties in their assault on Afghanistan's Panjsher Valley, with at least 500 dead and wounded soldiers taken to Kabul in the past seven to 10 days, said Western diplomats in Islamabad yesterday.Reuter - 42 words
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Article57 1984-05-16 16 UPI LIBYAN authorities said yesterday that they were holding "one of America's agents" who was involved in last week's guerilla attack against the Tripoli home of Libyan leader Colonel Muammar Gaddafi. The suspect is a member of the fundamentalist Muslim Brotherhood which has been bannedUPI - 57 words
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Article37 1984-05-16 16 UPI CHINA has fired nearly 40,000 artillery and mortar rounds into one northern Vietnamese province since April, killing five people and dozens of domestic animals, said the official Vietnam News Agency yesterday.UPI - 37 words
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Article52 1984-05-16 16 UPI SIXTEEN Britons held hostage for 11 weeks by guerillas in the Angolan bush returned to Britain yesterday. The 16, plus the Portuguese wife of one of the hostages, cheered as they walked down the steps of the aircraft that took them from South Africa toUPI - 52 words
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Page 16 Advertisements
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Advertisement61 1984-05-16 16 V* m Weve moved Sumpiles Investments Pte Ltd Lot A 8354, Tuas Crescent (junction of Ave. 18) Jurong, Singapore 2263 Tel: 462-2326 Telex: RS ***** SUMPI We hire out/charter: Cranes M 8 150 ton "V. w i Cranes (18 —150 tons) Piling Rigs PLH6OP4SA, Linkbelt LS7BRS, Welding Sets, Piling Hammers61 words
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Advertisement176 1984-05-16 16 TRADE MISSION OF THE NORTHERN NETHERLANDS TO SINGAPORE 15 18 MAY 1984 F.C. Groningen, starring Fandi Ahmad, will display its soccer skills in Singapore this week. The industries of the Northern Netherlands which through the years supported this team, take this opportunity to mix sports and business and will be176 words
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Page 16 Miscellaneous
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Miscellaneous52 1984-05-16 16 Outlook for today: Showers in the motning and afternoon. Report for 24 hours prior to 7 30pm on May 15 at the airport: Maximum temperature 29.4 Associated humidity 71 Minimum temperature 24.0 Associated humidity 96 Hours of sunshine 4.25 Rainfall in millimetres 5.1 Roinfoll this month 113.4 Rainy doys this52 words
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SHIPPING TIMES
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355 1984-05-16 17 Reuter WAR RISK premiums on ships sailing to two Iranian Gulf ports have been increased for the second time in a week, marine insurance brokers said on Monday. The increase followed reports of missile attacks on three oil tankers in the area, markingReuter - 355 words
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518 1984-05-16 17 G DURAIRAJ - By G DURAIRAJ THE CHARACTER of Johore Port is expected to change once its container terminal is completed. The port will be handling increasing volumes of general cargo after dealing primarily with bulk cargo all these years. Its container terminal located at berth518 words
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PORTSIDES
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Article53 1984-05-16 17 A TECHNICAL TALK on "The Law of Seaworthiness and Safety at Sea" will be presented today by Dr S Wong, formerly a deputy public prosecutor in Singapore. The talk will be held at the Katong Room, Shangri-La Hotel, from 6 to 8 pm. It will be followed by53 words
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Article71 1984-05-16 17 Reuter THE FAR EASTERN Freight Conference said the currency adjustment factor (CAF) for vessels trading the Philippines area will be revised downwards to minus 16 per cent from a previous minus 12 per cent, effective May 18. The adjustment was made following a review of average exchange ratesReuter - 71 words
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Article142 1984-05-16 17 UPI A JAPANESE submarine on a training cruise collided with an Indian ore carrier off southwestern Japan over the weekend, causing minor damage to both vessels, authorities said yesterday. A spokesman for the Japanese Maritime Selfdefence Force confirmed the 2,200-ton submarine Yushio was undergoing repairs at the navalUPI - 142 words
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Article802 1984-05-16 17 Shipping Urn Pag* Coi Shipping Lin* P*g* Coi Abex Transport V 1 Franco-Be lg m 4/5 2 AC Toepfer X 5 Frata Shpg VI Afea VI 3 Freight Links VI 4 Ahrenkiel Liner vn 5 Freight ManageAlpac VI 3 ment X 3 Antara Shp* IV I Frota802 words
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Article799 1984-05-16 18 AFP RATES HELD fully steady on the freight market last week, although business was again interrupted by a Bank Holiday in London. Indications that charterers were attempting to avoid any sudden uplift in rates became evident when time-chartering came more to the fore. Vessels were being chartered inAFP - 799 words
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202 1984-05-16 18 UPI THE OFFICIAL opening of the Danube-Black Sea Canal, a US$2 billion project which has taken more than 30 years to complete, has been postponed from the announced date of May 19, a spokesman of the Romanian embassy in Vienna said. He added that noUPI - 202 words
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121 1984-05-16 18 HAPAG-LLOYD has chartered two container vessels, the Neptune Emerald and the Neptune Sapphire, each of I,MO TEUs, from Jurong Shipyard in Singapore. A spokesman for the line said the vessels had been chartered for several journeys to maintain the line's Pacific container service. The Neptune121 words
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Article1691 1984-05-16 18 INCREASED grain chartering from the US is reported on Monday on the freight market, with rates generally ruling steady to slightly higher, shipbrokers said. Grain from the US Gulf to Japan paid US$l7 against $16.70 previously, while a vessel of 66,500 long dwt was booked from the Mississippi1,691 words
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Article189 1984-05-16 19 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EABT/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.189 words
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Article375 1984-05-16 19 AMERICAN-STYLE spinoffs of shipping interests by large corporations may yet be seen in Europe, a leading shipbroker claims. Until now the traditional shipowning companies in Europe have found it prudent to diversify their corporate interests but London brokers Eggar Forrester believes that such companies may375 words
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369 1984-05-16 19 Reuter WORLD OIL tankers laid up and idle for lack of employment fell in April to 62.69 million tonnes dwt, comprising 399 vessels, from 66.21 million tonnes dwt (418 vessels) at the end of March, Lloyd's of London Press said.Reuter - 369 words
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252 1984-05-16 19 A MODERN international port will soon be in operation at the Cebu Port Centre in Cebu City, according to Antonio P Elu Jr, manager of the Philippine Ports Authority (PPA) in the Cebu Port district. The PPA Cebu project, which will cost 372 million252 words
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136 1984-05-16 19 AFP SOUTH KOREA'S 63 shipping companies have been merged into 17 groups in a compulsory government move to "rationalise" the nation's ailing maritime industry, it was announced. The government office of maritime administration said that under the merger there were now eight ocean-goingAFP - 136 words
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4886 1984-05-16 24 A guide to ships loading at Singapore for ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.4,886 words
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Article706 1984-05-16 25 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Arrival for LCL movement Ship Voy date/time Operator cargo schedule Location Anni Johnson 4I8E 17.5.84 0030 Bakke Sime FSB 1000-1200 P4 B Penaga 106/84 17.5.84 0700 Leo Shpg FSB 1200-1400/1800-1900 S2 Sea Hawk 39 17.5.84 0700 Eastern M706 words
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Article1610 1984-05-16 25 The leading shipping lines operating from local ports and their agents. A-B OTA African Shipping Agencies (S) A(r*-EvuU Uw Trsnsgroup (S). AhrenkM Liner ServW Kim Shpg (S) AIM C Twfter Oceania Shipping Agency (S) Marintex Enterprise (PK) Alpar Lntrasea (S) Bintang Shpg (KL)/ Island Cargo Handling1,610 words
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Article394 1984-05-16 26 AT CONVENTIONAL WHARVES Vessel KEPPEL WHARVES Chang Shu Kim Soon Li Lorch Westbon Wlacjyslawowo Builder Catamarca II Cochise Koyu Maru Kriti Garnet Lindblad Explorer Noshiro Maru Pacific Glory No 1 PASIR PANJANG Berth 44 20E 35/6 13/4 46 22 35/6 15/6 19 31/2 45 44 15/6 Agent394 words
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Advertisement562 1984-05-16 17 Published and Diitributmd bv FEDERAL PUBLICATIONS Jurong Part Road. Singapore 2X61 A member of The Times Organisation i \ki)i\i i \n SEALORI) 1 iOOCL Orient ContcMwsi Line FULLY CONTAINERISED SERVICE 10 FUROPF VIS SUE? •KOKJM MCtJM 24* 21/5 OMENTAL CHEF 39W 4/6 M.H CONTAIO AON 10/5 S SEAS H» 46N562 words
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Advertisement876 1984-05-16 17 REACH YOUR AUDIENCE EFFECTIVELY TIMES liusiix'ss l)irt k tor> of Si mi, uk we MAERSK LINE EXPORT FASTEST SERVICE TO USA EUROPE TO U S PACIFIC. GULF. ATLANTIC EAST CANADA. INLAND POINTS tTTriTm LJTy "v»| etoi gym r<rrei r r r*^n M. RAfOO M M SINGAPORE CI 1-2/6 7-7/6 I876 words
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Page 18 Advertisements
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Advertisement297 1984-05-16 18 <£!*««* FAR EAST/EUROPE CONTAINER SERVICE From Eur Mm fir 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. I Harre, Baste. UK. 3) Bremen. Bremcrhaven. Aarhus. Copenhagen. Helsinki 4) Mahno. Stockholm. Oslo. *AcceptM| Europe carp lor leader ma S pore *Also direct carp lor Spore i Bangkok. Pis contact PERM6C P. Kelanf lor297 words
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Advertisement474 1984-05-16 18 nJ Singapore Jakarta Nedlloyd-your direct link to New Zealand It's not a boast but a commitment to the thousands of satisfied clients of Nedlloyd. Our name has been synonymous with first class service in this part of the world Southeast Asia, New Zealand and Fiji. rlbday, four modern multi-purpose Nedlloyd474 words
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Page 19 Advertisements
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Advertisement581 1984-05-16 19 ■TV The Straits BKfIV Steamship Group QCL Overseas Containers Limited CONT AINERSHIP SERVICE TO UK CONTINENT 22/s a/s R5/I 12/0 21a it/t a/t 94/7 m/J 12/7 14/7 n/7 an PEGASUS P»B PE GASUS WW y—> SINGAPORE TO ALI STRAITS SHIPPING Singapore to Sabah, jarawak. Brunei Ports and Bangkok STOK B1581 words
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Advertisement645 1984-05-16 19 Franco Be*/yum Services fjg h.tr h :;ist hrrm h Srr\/«•«> With h.ir h.'ii*trrn I iiwA,, Conso.t nil COWT<HCB» gHP TO EIMCP* FVU MMH WHI STOW f. KEIANG I* H>*rt lim fUmmt Ham BKma Art I'dMi tfWj Htm* A'wvf Lt Hrwt PJM KOKAN MCUR 20 May 21 May lln Ikm 11645 words
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Advertisement646 1984-05-16 20 n 2 TO CONTINENT UK Hapag-Lloyd EXPORTS Spore PManjPen I mo* 5. Bilbao Genoa Hburg Rdam B haven Antoeip 20 5 21/5 23/5 18/6 l«/ 6 17/6 23/6 20/6 25/6 21/5 24/5 26/5 26/6 21/6 24/6 19/6 Tokyo Bay Liverpool Bay Bremen Eipress Hambuf Eipress Kurama Maru Connecting m Tokyo646 words
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Advertisement393 1984-05-16 20 JIG. LINE KOMfM i» %t o*'n*i r.j* FULLY CONTAINERISED SERVICE 10 EUROPt VIA SUEZ 1 < the Ace ComoMwi L«Ma«rt Rd«n Fito«« Hbwi Antwerp 9 6 10 6 12/6 14/8 17 6 23/6 74/6 26/6 28 6 1/7 28 6 79 6 1/7 3/7 6/7 FROM EUR Off VIA SUEZ393 words
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Advertisement388 1984-05-16 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI t LCL CARGO TOR SGP PKI HBG fll ROM ANN LHV Ctadf KO5 27/05 II M ?0 M 2?/* MH HK l.« L«o* OIM Of M 30 M 02/07 MO7 MO7 MO7 f»« Gaiter 14 M 15' M MO7 MO7 10/07 11/97388 words
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Advertisement896 1984-05-16 20 Everett Lines I COMPANIA PERUANA DE VAPOREES (C.P.V.) "PERUVIAN STATE LINE" I ad-nj lot Cailac Mdta'ar. No and all other Peru»i» ports «nth transhipment at Moflfkcng and or Kobe 0- (_PV tVjuf Bit's Ot lading to tmai destination Penanj P. KHanf Smfapore RAMONEVERETT* InPt/17 May THOMASEVERETT* 21/23 May 24/26 May896 words
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Advertisement147 1984-05-16 20 n US I NOSE MARITIME PTE LTD Eld ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE TO PAPUA NEW GUINEA/ SOUTH PACIFIC Smfapore KYOWA COSMOS In Port CRYSTAL ROSE Metanc Laadtag tar: 17/5 Noumea, Lautoka, Suva, Papeettc, Pajo, Apia, iayapuu 16/6 Wewak, Lac, P. Moresby. Honiara, Rata*, Madanf Accapdni Cantanan147 words
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Page 21 Advertisements
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Advertisement820 1984-05-16 21 PIL GROUP EAST AFRICA/REDSEA SERVICES VESSEL VOYAGE SINGAPORE LOADING FOR: KOTA WANGSA E-501 22-25/5 HOOEIOAH, JEDOAH, ADEN, PORT SUOAN, MOMSASA. D'SALAAM KOTA MURNI E-508 2-5/6 HOOEIOAH. JEDOAH, AQABA, PTSUOAN, ADEN KOTA AGUNG E-507 15-20/* HOOEIOAH, JEDOAH, MOGADISCIO. MOMSASA. D'SALAAM COLOMBO/CHITTAGONG/RANGOON SERVICES Rangoon 11-15/6 KOTA BERJAYA W-417 3-7/6 BANGKOK DIRECT SERVICES820 words
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Advertisement693 1984-05-16 21 BENZINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE muROH Cardfan Bay Franfctwt Eipresi Li»fpool Bii hirnn Eipresi MjmtMJ E iprru Taka Etprns Benaror FROM EUROPE Takyalay Lmrpeal Bit Bremen Eipresi Hamtwj Eipresi Kwama Man Io»« iiprm Beruror lt«l Eipresi CarAfan Bjt EUROPE HAM SHAVEN Sa4ed X<M SaM S j4eo SaAeH SaM693 words
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Advertisement611 1984-05-16 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE STORE KM) 23/5 21/5 YOKOHAMA KOBE 2/8 4/1 GOWA VSHB 23/5 2S/5' 2/6 4/S EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE f KEIANC TUIKT/ ROAM ITBUK/ ANTWERP LON fMM BREMEN KUTAI V?WB 11-22/5 13/6 15/6 l»/6 21/1 BAM UM.AH* V7WB 17/® 22/S 11/7 11/7 28/7 23/7611 words
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Advertisement551 1984-05-16 21 BOUSTEAD SHIPPING AGENCIES BURMA FIVE STAR SHIPPING CORPORATION (Burmese National Line) Loadmg for Rangoon phashwegyawywa V 242 PAGAN HTONEYWA V 194 P Kelong Pwoitg 19/21 May 21/24 May 26/28 May \> BANK UNE EXPRESS INDEPENDENT SERVICE TO UK/CONT IVYBANK CLYDEBANK SPORE R'DAM HULL HMBG 19 June 14 July 21 July551 words
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Page 22 Advertisements
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Advertisement899 1984-05-16 22 K MbBBBSB KAWASAKI KISEN KAISHA, LTD. USA CANADA PACIFIC COAST (Including DESTINATIONS INLAND vte IPI MICROBRIDGE ft MINILAND BRIDGE) ALSO ACCCPTMG MONTH At. TORONTO AND OTHER US MCfIC. GUIP. ATLANTIC PORTS N MUM) POHTS ATLANTIC COAST MOTHER VESSEL PKLG PENANG STOI ASIA STAR V 23 VERRAZANO BRIDGE V 6914 May899 words
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Advertisement534 1984-05-16 22 n,.; !Mi-f ccapting Braakbulk and containariaad cargo** Diract to South Africa Am-pliiH- ("onlaim»rs Qnl> HAT AK AW A MARU V 5114F S A VAAL 571bf Richards Spore Durban Bar 27/5 9/6 12/6 25/6 U/( 30/4 JARDME SHTPMG AGENCfS (Ret *****4/ 00K) 10 SHENTON WAV *04 03 MAffINA HOUSE SMGAPORt 0207534 words
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Advertisement643 1984-05-16 22 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE tor ios angeies sam francisco Seattle tacoma vancouver bc Accept** fa fa Contaners VS* "TXZ. W2T AUSTRALIA EXPRESS CONTAINER SERVICE Accepts* fa fa Contaneri •Ah® accept** trom P KfUnj lor »uc« MH l»tt Sm IM> VtSMVAKAUMUU 19 TO Ma, 71?? Ma, S lun643 words
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Advertisement737 1984-05-16 22 SANKD ASIA LINEJ FROM JAPANESE PORTS AND HONGKONG 1 KOYU MARU 2 BERDIMRI 3 SOON CHURN 4 TEKAD 5 RAJA TNOR 6 REGENT RANGER 7 EUKUZAKI MARU S««{ipore GDNI9 18 May 20/22 Ma» 21/23 May 24 26 May 26 21 Miy 29/31 May 2/4 km P Kelanj 11/20 May 23/24737 words
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Advertisement522 1984-05-16 22 f INTRASEA (PTE) LTD. 10 Anson Road- »27 16 International Plaza Singapore 0207 Tel *****1 1 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK ALP AC LINE •ovra AFM< •una ALPAC ASIA 165W8 S pore P Kelang load** tor 18 May Durban Tamatave SEAWOOD SHIPPING CORPORATION CA>nm« p P Ktiang L —**r522 words
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Page 23 Advertisements
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Advertisement474 1984-05-16 23 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): KIACERN24W 21/5 0 CHEF 39W 4/6 HK CONTAMER 40N 10/6 SSBRDGE46W 17/6 C PMJI 40N 22/6 C CONTMNER 26W 27/6 P. K elan j 22/5 5/6 11/6 18/6 23/6 28/6 Also accepting cargo to/from Scandinavia K JACEJIN S pore Closing Times:474 words
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Advertisement529 1984-05-16 23 SEMI-CONTAINERISED DIRECT SERVICE TO: BANGKOK. KEELUNG. BUSAN. INCHON SEMI-CONTAINERISED DIRECT SERVICE TO CHITTAGONG. CHALNA. CALCUTTA I I CEYLON SHIPPING CORPN National Line of Sri Lank FULLY CONTAINERISED SERVICE TO COLOMBO ARABIAN GULF -RED SEA Mother VMM* I. im/Xrn I Srenatti 14W I Mottei Inul I w> I Srautta 1(11 I529 words
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Advertisement952 1984-05-16 23 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDM6 55. Marfcet Street Sinfapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510S P KELANG M/S SHAWMT WAH SOON SON BHD IST AND ?NO FLOOR. NO 1 JAIAN CEMPENWG PORT KLANG MALAYSIA952 words
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Advertisement47 1984-05-16 23 ahrenkiel liner service gmbh DURBAN JOHANNESBURG. MAPU MAURITIUS REUNION PT LOUIS DURBAN 16/5/84 ETD ETA DURBAN SIN AESTBOUND BEL A MONDO 9W/84 ALS CONFIDENCE SE/84 Agents: Kim Shipping Trading Pte Ltd 63 Market Street. #08-06 Tat Lee Bldg S pore 0104 Telex RS ***** KIMTRA Tel *****847 words
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Page 24 Advertisements
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Advertisement640 1984-05-16 24 ICc«|i»nal lloiatsiiner Lines Sailings Weekly iluLlQ 1 Reliable Regular Punctual Berthing PS A 1500 Hrs Tuesday Saturday EXPRESS SEM-CONTAMER SERVICE P Want S pore Penang R"d»m Awerp Hburg Rost 5/7 In 2/4 lun 8/10 ton 6M 4M IM 10 M 5/9 M 2/4 M 11/12 M 2 (tag Sh| Itailltai640 words
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Page 25 Advertisements
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Advertisement75 1984-05-16 25 T, LICORNE M*** '3. U I.MIM SUiJON SMPPMG (S) PTE LTD. SJUIS/BOOKMGS TEL *****11 (I HO) TO BANGLA-DESH/HDW/SW LANKA/PAKISTAN French Line WLiMwtm M/V ANJOU VSLS4 y/v iMiirfiir v&i Hi/ f nl\wnwwiv *vb<n M/V ARTOCS V7IS4 21/5 20/6 13/7 <„/» ORIfNIAt SfA I IN(B Af.fNf VPH 110 SINGAPORE MAI A V75 words
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Advertisement380 1984-05-16 25 1 jr Nedlloyd Lines Loading for CENTRAL AND SOUTH AMERICA| VESSEL CENTRAL/EAST COAST SOUTH AMERICA T¥STCI csal wstad ♦■town p. of moj SPAM 21/7 23/7 21/8 23/8 21/9 23/9 30/7 26/8 28/8 30/8 26/9 28/9 30/9 26/10 28/10 SOUTH AFRICA VESSEL [S'PORE| OURS# E.LON P.EUZ C. TOWN Hayafcawa Maru 27/5380 words
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Page 26 Advertisements
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Advertisement49 1984-05-16 26 HAI FENG MARINE PTE.LTD. T*l»: *****91 *****02; *****96 Specially accepting OFFSHORE materials loading for WRECT ZHANJMMG, CHMA ETA ETO YOOYI 7 30/5 2/6 MESIA LINE ETA ETD LOADING FOR: M.V. LABORE 23 May 25 May Muara AfMts: Umpacific Trans A Trading. Agancy Pta. Ltd. Tal: *****4 (5 linaa) Singapora49 words
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Advertisement73 1984-05-16 26 MADJU SDN BHD KGU.W MEKir soraccs to i FROM KUMW i/ESSEI ETA [yn lIV DElftM 121 10/5.17/5 11/5 11/5 MV BRNSTAGI 14/5.21/5 15/5] 22/5 101 CFCII STRUT HI ??<,«;«? ?0 1? TONG FNG BIDG LINES) SPORf 010*> PNILITRON FORWARDING PTE. LTD., TEL: *****22.2217*71. TELEX: R*****0 A' Vessel 26/5 Momboso, Doressolaom73 words
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Advertisement1993 1984-05-16 26 C.Y. LINE (A Member Of Tha ACE Consortium) CHO VANG SHIPPING CO. LTD FULLY CONTAWERISED SERVICE TO EUROPE (VIA SUEZ) S |M>f PKla*t| Adam Fitam Hbwi Brm Mnrp lACIAN24* 21/5 22/5 lot 17/4 14/6 1V( 17/4 U CWf J** 1/4 2/4 M l 21/4 23/6 25/4 24/4 28/4 MccaNTian«o« »/61,993 words
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Page 26 Miscellaneous
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Miscellaneous148 1984-05-16 26 Regional Weather r A f j*. i s "5 bl! L IK Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots V Cloudy Sky Wav Surface winds are indicated by arrews which fly with148 words
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