The Business Times, 27 July 1984
1984-07-27
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The Business Times
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Title Section11 1984-07-27 1 BUSINESS TIMES M.C. (P) No. 66/1/84 FRIDAY, JULY 27,1181 60 CENTS11 words
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619 1984-07-27 1 FOO CHOY PENG - Changes will also work to benefit of workers By FOO CHOY PENG A NEW SET of work rules which will have far-reaching effects on the lives of working Singaporeans in the years ahead was passed in Parliament yesterday. The thrust619 words
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396 1984-07-27 1 CHUANG PECK MING - By CHUANG PECK MING UNIONIST Members of Parliament will be up in arms against any employer who abuses the new set of work rules provided in the Employment (Amendment) Bill passed in Parliament yesterday. "To those unenlightened and narrow-minded employers396 words
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Article, Illustration274 1984-07-27 1 INVESTORS suddenly turned bullish yesterday, causing share prices on the Singapore stock market to finish higher in accelerated trading. The all-sector BT Composite Index added 15.37 points to 788.11 while the Straits Times Industrial Index tacked on a hefty 20.13 points to 881.02.274 words
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Article347 1984-07-27 1 TERESA LIM - By TERESA LIM, Hongkong Correspondent THE MA FAMILY of Hongkong-based Tai Sang Land Development has officially rejected United Industrial Corporation's offer for its shares. The Ma family owns about 50 per cent of the quoted property company. A company spokesman said that chairman William347 words
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190 1984-07-27 1 Reuter THE SOVIET newspaper Pravda yesterday charged that the US had long-term plans to build up an Asian equivalent of the Nato alliance and to deploy nuclear weapons there to threaten Siberia and the Soviet Far East. It said hopes of welding togetherReuter - 190 words
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457 1984-07-27 1 LISA LEE - By LISA LEE A LEGAL DISPUTE is brewing within the quiet confines of Colombo Court between sub-ten-ants in the building's shopping complex and the landlord, Cortina Departmental Store Pte Ltd. The 12 sub-tenants were recently given notice by Cortina's lawyers to quit the premises for457 words
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Article131 1984-07-27 1 PRIME MINISTER Lee Kuan Yew has sent a condolence message to the wife and family of the late Mr P Rajaratnam, the former director of the Corrupt Practices Investigation Bureau, who died in Brunei last Saturday. In a message to Mrs Rajaratnam, Mr Lee said: "I131 words
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Page 1 Advertisements
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Advertisement87 1984-07-27 1 Maker of No.l KENNEX BLACKJACE s>otrs uisiim irm it* Tel: 287 0044 (4 lines) Why RAM Featherlhe is a class above the rest... Forged iron tor better feel plus perimeter-weighting Carbon graphite wood combines lightness with strength Frequency Matched —by computer for consistent feel, distance and accuracy m I can't87 words
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Advertisement269 1984-07-27 1 More reports on Back Page JAPAN has issued its first OUR VIEW COMPANY NEWS formal warning over pro- ,fcff vilkiPlll am f posed US restrictions on THOUGH some economists hove contended that the perennial tion and engmeerinq P based steel .mparts and sa,d the US budget deficits are the seeds269 words
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Advertisement85 1984-07-27 1 +(=`+||$}-:>;',<>"_?-~'~<}<^<{: 7 A i There was a time when ihere were no machines and man was the supreme artisan. His hands the tools of ingenuity. Testoni perpetuate the art of such craftsmanship Each piece of leather hand-cured and metamorphosed into a collection of exquisite shoes, belts, bags, wallets and briefcases.85 words
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HOME NEWS
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203 1984-07-27 2 THE RESTAURANT Association of Singapore (RAS) is planning to set up an industry training centre soon for people already employed in the industry as well as school leavers. This was disclosed last night by the president of the RAS, Mr Tan Boon Pheng, at203 words
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75 1984-07-27 2 TELECOMS will extend the International Direct Dialling (IDD) service to Togo and Ethiopia on Aug 1. With the IDD service, callers can call directly to subscribers in the other country without using an operator. With these two additions, the total number of countries75 words
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292 1984-07-27 2 JAIME LYE - By JAIME LYE MAINTAINING the clean and peaceful image of HDB estates is no easy task. But while the housing board's cleaners have coped admirably, they could still use some help. Mechanisation is one way. Indeed, steps are already being taken in292 words
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Article, Illustration59 1984-07-27 2 NEW TELEPHONE booths, like the on* above at Ang Rio Kio Town Garden West, shaped to depict treat and foliage, are being introduced by Telecoms in perks, gardens and pedestrian malls. Designed to blend with the "Garden City" image, the booths will59 words
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193 1984-07-27 2 LISA LEE - By LISA LEE THE ADDITIONAL beaellts «f a ■ew Mileettvc agreeamat wfll cest the Pabtlc Utilities Beard aa extra $IJ mllHea a year. The agrtiwawt teek effect frsm Jaly 1 aad Is valid fer three years. A mala featare a(193 words
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162 1984-07-27 2 TRADE deeameata eaa aaw be preeeased daring the laaefc hear »nd ever the «muter at the Trade Development Beard's Imperii aad irijww lB Office. Frem Aag I, the «fllee will naah epea at laaeh Mat te ■reeees (award aad eatward deelaratieas162 words
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301 1984-07-27 2 GRACE YU - By GRACE YU COMPANIES should share the benefits of higher productivity with their employees to allay concern that increased productivity only benefits companies. This call was made by Mr Goh Chee Wee, Member of Parliament for Boon Lay, at the opening ceremony of301 words
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Article, Illustration372 1984-07-27 2 MICHAEL PANG has been appointed joint managing director at Par Golf Pte Ltd, a subsidiary of Bousteadco Singapore Ltd. Mr Pang, who started his career in 1967 as a cadet executive with Boustead, has held various sales and marketing positions in its marketing division. He will work372 words
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244 1984-07-27 2 SIN SOON HUAT Pte Ltd, which inaugurated its Welding Centre earlier this month, expects to secure about $3 million worth of orders for welding equipment and systems over the next three months. This projection follows the company's successful staging of a 10-day244 words
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172 1984-07-27 2 SIX WINE lovers have come together to set up a member-exclusive wine house in Singapore. Membership to the Deutsche Wine House Pte Ltd is restricted to only 1,000 professionals or businessmen who "must be able to drink wine". Besides serving quality German,172 words
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154 1984-07-27 2 THE FIRST Residents* Committee in a Housing and Urban Development Corporation Phase 111 estate has been established at Pasir Panjang Pine Grove. The RC's 16 members were appointed earlier this month, and have already started organising house-to-house visits and social gatherings to promote154 words
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151 1984-07-27 2 COURTESY In service was yet again the theme of a Ministry of Health variety show held last night at the School of Nursing auditorium. Addressing the 130 staff members of the health community, Mr Wan Hussin Zoohri, Parliamentary Secretary for Health and151 words
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Page 2 Advertisements
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Advertisement350 1984-07-27 2 PACK A ROY\L ORCHID ON YOUR NEXT TRIP. 60 TOP-VALUE HOLIDAY IDEAS TO 25 COUNTRIES Thai International has created Royal Orchid Holidays. Stopovers and extensions that add value and meaning to one's trip. On business or pleasure, you get to do your own things on a Royal Orchid Holiday. individuals,350 words
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Advertisement52 1984-07-27 2 •OMMI ft I T Sr^ ESSICNN. FINES) C 3 Shenton Way, #03-12, Shenton House Singapore 0106. Te1eph0ne:*****77 Protect your office carpet with Permasil trip-proof plastic sheet r Permasil clear plastic sheets protect carpet and increase mobility. Call Tel: *****55 (office), *****61, *****31 (factory) today. Free delivery. Sole agent Inchem Products52 words
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BANKING AND FINANCE
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Article533 1984-07-27 3 SINGAPORE: THE US dollar fluctuated against major currencies throughout yesterday in fairly active trading on short-cover-ing and selling before closing narrowly mixed compared with New York's levels. Sentiment for the dollar was overshadowed by Fed chairman Paul Volcker's testimony to congress on Wednesday, indicating the Fed has no533 words
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Article205 1984-07-27 3 Interbank rates at 3pm quoted yeeterdey croee parity ym change Local dollors to one unit of foreign currency: US dollar 2.1390 2.1400 2.8196 -24.14 Sterling pound 2 8598 2 8633 7 3469 -61 07 Australian dollar 1 7978 1.8222 ***** 47 20 NZ dollar 1 0691 1.0717 *****205 words
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Article231 1984-07-27 3 SINGAPORE Futures closed firmer in moderately active trading yesterday, reflecting a weaker US dollar. December, the only traded position with a turnover of 610 lots, closed higher at $361.10 an ounce against New York's $356.80/357.50 close. HONGKONG Gold closed higher at U*****.25/346.00 an ounce yesterday, against New York's finish231 words
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Article66 1984-07-27 3 THE OVERNIGHT rate eased by V* -point to close at 7 per cent on the Singapore interbank money market yesterday. Term rates for the one, two and three-month maturities eased by 1/16-point across-the-board. S$ interbank rates at 3pm yesterday Off* Bid Over«9*» 7 6 7/8 1-month 8 3/1666 words
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Article, Illustration256 1984-07-27 3 Asian ASIAN dollar deposit rates closed little changed yesterday around easier opening levels in thin afternoon trading. Period rates fell between 1/8 and 5/16 point at the outset following Fed chairman Paul Volcker's testimony to congress indicating the Fed has no immediate plans to tighten monetary policy. 7 days 1256 words
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553 1984-07-27 3 Reuter A STEADY increase in World Bank loans to China, itself rich with foreign reserves, is forcing poorer nations to borrow from commerical banks at rates they can ill afford, according to banking and diplomatic sources. Latest World Bank figures show thatReuter - 553 words
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365 1984-07-27 3 FT PRESIDENT Ferdinand Marcos has told representatives of developed countries and development lending agencies that the Philippines needs more official development assistance (ODA) loans in the face of rising commercial interest rates and the tightness and fickleness of theFT - 365 words
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265 1984-07-27 3 SOH TIANG KENG - By SOH TIANG KENG ITALY'S second-largest bank, Institute Bancario San Paolo di Torino, has received the go-ahead from the Singapore Government to open an offshore branch here. It is the second Italian bank within a month to get approval from the Monetary265 words
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Article120 1984-07-27 3 AP THE MONETARY board said the Philippines' banking system is "functioning well". It appealed to a jittery public to help stop bank runs that have forced the country's largest savings bank to close. In a statement on Wednesday, the board said it was assuring Filipinos "in theAP - 120 words
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Article143 1984-07-27 3 NYT US TREASURY Secretary Donald T Regan told the three federal banking agencies that their draft plan to keep Continental Illinois National Rank and Trust Co from failing was "bad public policy" that "represents an unauthorised and unlegislated expansion of federal guarantees". In spiteNYT - 143 words
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Page 3 Advertisements
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Advertisement168 1984-07-27 3 APPOINTMENT FINANCE ADMINISTRATION DIVISION MANAGER Negotiable in excess of $100,000/ year This is an unique and excellent career opportunity for a high calibre individual to obtain a top management position with a well-established and very successful international construction Group. The appointee, preferably a Singaporean or Malaysian citizen, will be responsible168 words
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Advertisement179 1984-07-27 3 THERE'S NOTHING WE CAN TELL YOU ABOUT THE EQUATORIAL THAT YOU DON'T ALREADY KNOW V V EXCEPT PERHAPS OUR LITTLE GESTURES THAT HAVE BECOME ATRADTTION You probably know about our 300 furnished rooms and suites, our famous restaurants, the Kampachi, the Golden Phoenix and the Chalet, our freshly-brewed Espresso Coffee179 words
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RAW MATERIALS
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645 1984-07-27 4 MICHAEL NEILL - LONDON ANALYSTS BELIEVE AGREEMENT IS DOOMED By MICHAEL NEILL THE FATE of the International Sugar Agreement (ISA) hangs in the balance as spot prices plunge to their lowest levels in over a decade. Indeed, analysts at London broker ED A FMann believe645 words
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Article672 1984-07-27 4 COFFEE Robusta futures at midday yesterday were £12 a tonne above to £7 below Wednesday night's close after trading nervously in the morning. September, which opened at £2,224 and peaked at £2,243, traded last at £2,230, down £4. Physical markets were quiet. Futures volume was 1,350 lots, including672 words
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Article104 1984-07-27 4 Reuter THE UN Food and Agriculture Organisation (FAO) said yesterday it had raised its forecast of world cereals production for this year, but warned that some drought-stricken African countries would have to import large quantities of grain crop 6. FAO said it projected 1984 world cerealReuter - 104 words
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Article84 1984-07-27 4 THE Straits tin price In Penang yesterday held steady at Ms2t.l7 per kilo, within the ITA lower range of $21.15 and $32.M. Dealers said the bolter stack manager maintained support at this level amid small demand (ram Japanese and local Interests. A smaller offering of 71 tonnes and84 words
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Article158 1984-07-27 4 MALAYSIAN crude palm oil prices yesterday rose slightly in thin trading on covering and light speculative interest sparked by Pakistan's presence in the market for fresh RBD palm oil tenders. July deliveries in south region rose M 52.50 to $982.50 per tonne while August in central firmed $7.50158 words
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Article162 1984-07-27 4 Yarn (In HK$ per bole of 400 lb) China carded yarn, cones Blue Phoenix 16's 3,450 Blue Phoenix 20"» 3,550 Blue Phoenix 32'» 3,900 Blue Phoenix 40's 4,350 Carded yam, hank Blue Phoenix 21 3,600 Combed yarn, cones Blue Phoenix 32'* 5,500 Blue Phoenix 40'& 5,600 Open-end yarn Blue162 words
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Article235 1984-07-27 4 SINGAPORE The market closed lower yesterday with August One RSS buyers quoted at 185.50 cents per kg, down 4.25 cents from Wednesday. The morning session opened about 1.25 cents lower following easier London advices and fell further subsequently on selling of September and October One RSS in quiet trading.235 words
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Article320 1984-07-27 4 RAS prices (mscents/wo, fob bales) NOON CLOSE Buyers Stlftors Buyers StMcrs kit 1 RSS prompt 183 00 184 00N 183 00 184 00N Int I RSS Aug 185 50 186 50 185 50 186 50 Int 1 RSS Sep 192 50 193 00 192 50 193.00 Int320 words
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Article101 1984-07-27 4 (in cants/1 tot 1 Dollct*) August September (currant mtfi) (forward mtto) RAS NOON NOON Buyers Sellers B«y®fs Si*w SSR20 186.50 188. SON 187 50 189 SON SSR 50 184 50 186 bON 185 50 187 SON MRELB Buyers Sellcn fay* Sellers SMR CV 235 50 237 50N101 words
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388 1984-07-27 4 Reuter A LARGE but still poorly defined deficit in world 1983-84 (October/September) cocoa production is balanced by the prospect of a substantial but uncertain surplus in 1964-85, London trader GUI and Duffus said. In a market report, it raises the 1983-84 world deficit toReuter - 388 words
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393 1984-07-27 4 YAP BOH HOON - By YAP BOH HOON SINGAPORE'S rubber exports for the first five months remained buoyant while imports continued to dip. For the period January to May, rubber exports amounted to 431,578 tonnes, representing an 8.3 per cent increase over the previous figure of393 words
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Article170 1984-07-27 4 WHEAT futures turned lower after trading higher most of yesterday morning, finishing 5V* to 3tt cents per bushel lower in moderately light trade. September posted a 6Vi cent range on the day. Two local houses sold December around midday, with lowa grain selling September, pushing prices through the week's170 words
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Article208 1984-07-27 4 SOYBEAN futures recovered from midday lows to close mixed yesterday, ranging from down six cents per bushel in August to up l /i cent in January. August posted a 19 cent range on the day. The growing belief that old crop supplies will be large enough to cover needs208 words
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Article156 1984-07-27 4 Chinese Produce Robusta 20/25% FOB NSW 487 50 Exchange (Sellers' noon closing prices on July 26 ii/100 knt Nutmeg 110 FOB NSW 355 00 9 B W FOB NSW 256 00 Coconut oil Bulk FOB ***** Gombier OW drum FOB 228 00 FOB NSW 305 00 New drum156 words
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Article294 1984-07-27 4 Singapore C-l special C-l Ortfnary Loonzoin >00% unq unq (S$/fcilo, ei-godown) Thai white fcrst grode S3 100% 1st class 100% second grade (kangaroo) 100% third grode unq new crop 1 05 Parboiled 100% 2nd doss 077 5% 10% 280 275 100% 3rd class 075 25% new crop No stock294 words
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Page 4 Advertisements
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Advertisement122 1984-07-27 4 Eisl A little space can earn you $3,000 or more a month With only 15,000 (franchise fee) and 4sq. metres (40sq. ft.) of spore shop space you can earn $3,000 or more a month. How? By being part of the world s largest chain of Kis photo express outlets. No122 words
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OVERSEAS
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325 1984-07-27 5 AP THE US State Department said on Wednesday that President Reagan has decided to ease the ban on Soviet fishing in American waters, imposed in 1960 after the Soviet intervention in Afghanistan. The announcement came as officials disclosed that the Reagan AdministrationAP - 325 words
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Article, Illustration179 1984-07-27 5 Reuter JAPAN'S Canon company has developed a camera which electronically records colour images, and equipment which can convert them into television signals or shoot them down a telephone line. The portable "no-film" camera, designed (or professional use, and the equipment for transmitting the Images would beReuter; UPI picture - 179 words
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435 1984-07-27 5 Bernama MALAYSIAN Airline System's (MAS) managing director Datuk Haji Abdul Aziz Abdul Rahman has suggested a much tougher government stand in its continuing negotiations to secure additional traffic landing rights especially into the UK. Speaking in Sydney on Wednesday, Datuk Abdul Aziz believed thatBernama - 435 words
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Article153 1984-07-27 5 Reuter DEVELOPING states charged the US with protectionist harassment and demanded immediate liberalisation of their textile exports. A joint statement after a five-day meeting of 20 textile exporting countries accused the US of not following the Multi-Fibre Arrangement properly and urged it to fulfil international commitments.Reuter - 153 words
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WORLD IN BRIEF
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Article53 1984-07-27 5 SOVIET cosmonaut Svetlana Savltskaya became the first woman to walk in space yesterday when she left the Salyut-7 orbital station to test an important new tool (or welding and cutting metal in space. She spent more than three hours working on the outside of the Salyut station, Taas53 words
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Article68 1984-07-27 5 AUSTRALIAN medical authorities were yesterday trying to track down hospital patients who received blood transfusions from an Acquired Immunisation Deficiency Syndrome (AIDS) carrier. A New South Wales hospital patient was reported to have developed AIDS after a blood transfusion 12 months ago. The state's health minister said the68 words
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Article52 1984-07-27 5 US Air Force fighters intercepted two Soviet long-range Tupolev reconnaissance aircraft off the eastern coast of the US last week and escorted them in international airspace towards Cuba, the US Defence Department said on Wednesday. Officials said the air- craft, codenamed "Bear" by Nato, did not penetrate52 words
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Article36 1984-07-27 5 INDONESIA has agreed in principle to open a Palestine Liberation Organisation (PLO) mission in Jakarta, an Indonesian spokesman said on Wednesday. He said, however, that "when the mission will be opened is another matter".36 words
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Article52 1984-07-27 5 JAPAN'S Suzuki Motor Company and Okaya A Company has signed a contract under which they would give China technical help in producing mini-cars and mini-buses, the New China news agency reported. Suzuki will provide China with necessary technical data, send technicians to supervise vehicle production and train Chinese52 words
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Article52 1984-07-27 5 MALAYSIAN Prime Minister Mahathir Mohamad will head his country's delegation to the fourth Commonwealth Heads of Government Regional Meeting beginning on Aug 8 in Port Moresby, Papua New Guinea, the Foreign Ministry announced on Wednesday. Following the meeting, Dr Mahathir will make an official six-day visit to52 words
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222 1984-07-27 5 Reuter NIGERIA will not revert to its Opec-asslgned oil output quota of 1.3 million barrels per day (bpd) after gaining a concessional increase for August and September, Oil Minister Tain David-West said. At an Opec ministerial conference in Vienna earlier this month,Reuter - 222 words
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264 1984-07-27 5 AP UNOFFICIAL members of Hongkong's legislative council has called on Britain and China to include guarantees on the freedom of travel by Hongkong people in any agreement on the future of the colony. In a debate on Wednesday, the councillors said such guarantees were vitalAP - 264 words
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541 1984-07-27 5 FEDERAL RESERVE Board chairman Paul Volcker, saying inflation has been subdued, announced on Wednesday that the US central bank would not squeeze money growth any further this year. The dollar immediately fell on world markets. But in his mid-year report to Congress, the541 words
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Article465 1984-07-27 5 UPI A MEMBER of a high-level American aerospace trade mission to China has said plans are underway for a possible Sino-US Joint space shuttle mission. White House Cabinet Affairs Chief Craig Fuller said a Nasa representative would visit China to discuss possible participation in theUPI - 465 words
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Article402 1984-07-27 6 AP THE JAPANESE government on Wednesday issued its first formal warning over proposed US restrictions on steel imparts and said the measures, if adopted, would run counter to US commitments to roll back protectionism. Minister of International Trade and Industry (Ifiti) Hikosaburo Okonogi, in aAP - 402 words
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184 1984-07-27 6 UPI BRITAIN'S state-owned National Coal Board was expected yesterday to announce an industry record loss of more than US$l button (or the year ending in March, which included three of the If weeks miners had been on strike. At the same time, theUPI - 184 words
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Article83 1984-07-27 6 THE WORLD Health Organisation yesterday launched a to cut smoking in Asia and warn more people about the dangers of cancer. Jan Stjernswsrd, head of the organisation's cancer unit, said smoking caused ow thkd of the cancer deaths in the region. About a third of all the83 words
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Article746 1984-07-27 6 ARRIVALS Operator Stnin Locoi From PAA PA5 Hm 0020 JFK/SFO/HKG PtA PK772 0025 KHI/CMB/KUL SV SV379 0030 SEL MAS MH681 0620 ICUL CAL OOIO 0625 JED/DHA MAS MH60I 0905 ICUL MAS MH67I 0935 KUL MAS MH8H 0940 PEN SWR SR176 0945 ZRH/BKK RBA BM21 1000 BWN SiA746 words
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Page 5 Advertisements
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Advertisement156 1984-07-27 5 ACMA ACRYLIC LIGHT DIFFUSERS. A BRIGHT IDEA THAT STAYS BRIGHT k. V < 424 4 <c« 4 (424 i7> t i$ 1 3 ii k.i>: *t nr< aZi UGHT DIFFUSERS TEND TO YELLOW AFTER TWO YEARS. Polystyrene light diffusers are all well and good for the short term. In fact156 words
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Page 6 Advertisements
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Advertisement1012 1984-07-27 6 American Express International Banking Corporation a wholly owned subsidiary of American Express Company CONSOLIDATED FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31,1983 Consolidated Balance Sheet (millions of U.S. dollars) Liabilities and Shareholder's Equity Customers' deposits and credit balances: Non i nterest-beari ng Interest-bearing Federal funds purchased and other short-term borrowings Drafts and1,012 words
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Advertisement11 1984-07-27 6 •ress I hoOukk>k I <is\ Wiv lo Our 451 M itics.11 words
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AIR CARGO
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Article207 1984-07-27 7 ARRIVALS DEPARTURES Op**tor Flight n* tMM FIM Opm froc Flight LMII tMM For FRIDAY FT FT79 2355 JFK/ORD/ FT FT78 0135 KUL/TPE/ ANC/NRT/ NRT/ANC/ TPE ORD/JFK JAL JL617 0705 KUL SATURDAY CAL Q331 0150 TPE FT FT76 0255 HKG/NRT/ ANC/ORD/ JFF CV CV796 0645 LUX/AUH CAL Q334 0400207 words
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197 1984-07-27 7 TRANSAMERICA Airlines will have available a Boeing *****0 C aircraft for cargo charter on a full time bails from November. The addition to Transamerica's cargo fleet will increase significantly the airline's freight services capacity. The aircraft is expected to be used on long-range197 words
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401 1984-07-27 7 WANG LOOK KEAH - By WANG LOOK KEAH, Transport Correspondent THE AIR FREIGHT promotion and marketing team of the Department of Civil Aviation baa identified three project* for the next 10 months to promote Singapore as a regional air cargo centre. It plans to make Singapore the401 words
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Article279 1984-07-27 7 JEFFREY TSANG - By JEFFREY TSANG A SEA FREIGHT fuwaitto which aet up here last November is planning to move into the air cargo bwhaa by January. "We want to provide our clients with an all-round service," said Mr Henry Wee, operations manager of EES Freight Services PteLtd. It279 words
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98 1984-07-27 7 LUFTHANSA German Airlinea will be extending ita expreaa door-to-door delivery aervice, operated by CA D Luftfracht -System, a Lufthansa and Schenker subsidiary, to Canada and Greece from Aug L The aervice, which waa introduced in the US on July 1, wfll be extended to If countriea, tnriudlng98 words
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246 1984-07-27 7 LIM SOON NEO - ■y LIM SOON NEO A NEW ENTRANT to the air freight forwarding industry, KC Dat Airfreight, expect» to be able to break even by the end of this year, in apite of the -m ij. i ■>246 words
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Page 7 Advertisements
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Advertisement663 1984-07-27 7 o Dresdnerßank Aktiengesettschaft Board smoa May 13,1963 Helmut Kahlar Dr. Klaua Baizar Dr. Wtaaa Dakkar Rolf DW Karl Farm Hana Graf von dar Goitz Hanoatora Homburgar Aft ao. of Bupan4*ory of Mad. Krupp (fcnbH. Of N V ao. aflh# idMm 1 Artw AO. Bad HoMtaag vxLR Untew. o*o. l—wgM»o r663 words
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FEATURES
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Article527 1984-07-27 8 IN THE GOOD old days, you needed a rest after a hard day's work. Nowadays, you need exercise. Parallel to this seemingly incongruous change in our lifestyles is the outlandish increase in the value of the US dollar. The more profligate the US government becomes,527 words
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Article, Illustration762 1984-07-27 8 BERNARD LONG - Exports again lead Hongkong's economic recovery Hongkong's exports, which have led the colony's economic recovery since lest June, ere continuing to surge. Thie has given rise to hope that the predicted six per cent growth in GDP will be achieved, reports BERNARD LONG. BERNARD LONG762 words
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593 1984-07-27 8 TERRIL JONES - ETCs American answer to the sogo-shosha By TERRIL JONES AP THE United States is trying to trim its burgeoning global trade deficit, much of which is with Japan, with a strategy based on a model itself Japanese the trading company. With the passage in Congress of the Export Trading CompanyAP - 593 words
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Article, Illustration962 1984-07-27 9 BRIAN MILLER - BRIAN MILLER takes a look at the Olympic performers who, in hia opinion, moat deserve the tag of 'auper athlete' BRIAN MILLER AS THE curtain rises on the 1984 Los Angeles Olympics, one question remains on the lips of almost everyone competitor, official, observer and spectator.962 words
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Page 8 Advertisements
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Advertisement270 1984-07-27 8 Water engineers and consultants! Here's cost-saving information about piping for water supply. Total cost per unit of water delivered is cheaper with®Poly pipe! XtjLk Made ofhigh density polyethylene, non-encrusting, leakproof, extra smoothnMnpipe offers higher flow rates and saves pumping costs. Also proven superior for: Effluent disposal Raw water mains Check270 words
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Page 8 Miscellaneous
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Miscellaneous947 1984-07-27 8 ■wavmmm HIGHLIGHTS FEATURE SPECIAL Tho First Olympics, Athens, 1896 (Port II) 10.10pm Channel 5 The American team has booked a ship that would reach Athene on the last day of the Olympic games. The travel agent's mistake is not discovered until the ship has set sail. At the first stop,947 words
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Page 9 Advertisements
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Advertisement937 1984-07-27 9 European Asian Bank BALANCE SHEET mm at Dtctmbtr 31,1983 Cash in hand i Deutsche Bundesbank i foreign Central Banks Cheques on other banks, motored bond*, fotoratt and dMdend coupon*, and items mdwdfog: a) b) a* iho Deutsche Bundesbank OM 66.380.493 51 OM 1.149,***** 4,014,334.37 41,719.304.31 na.130.70AM 190,419.11 3,309,273.37 291,048,498.04 31.13.1912937 words
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Page 9 Miscellaneous
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Miscellaneous679 1984-07-27 9 1 1 CRYPTIC PUZZLE ACROSS 4 Soing over makes one ■VV(6) 7 He hos a consuming hterest in humanity (8) 8 DevOah in a smal way (6) 10 A great man and not a loos* 'un, we hear (5) 13 Position one artide in a group (4) 14 He may679 words
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INTERNATIONAL STOCKS
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292 1984-07-27 10 THE SHARES of US blue-chip companies set the pace on Wednesday as Wall Street snapped a five-day losing streak that had carried prices to their lowest level in 17 months. An institutional buying programme launched during the afternoon bolstered the prices. Investors also292 words
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Article126 1984-07-27 10 JULY 25 CS Hud floy Min 34* im Abftto AJcan 26* 31* Int Prov Plp« kit Ut» 2S* 21* 19V 22* Bank Nova Scotia M T«i BP Can Ltd 10* 31* 23 -It Lobtow B Mouty Forg 14* 3* unch Brascan 29* Can Imp Bk 22* Moor* Cp SO*126 words
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Article220 1984-07-27 10 JULY 2S W INDUSTRIALS TruM 8k Un Staal Unaac 235 HOB 510 unch .7 A Alpha 800 •20 Wootoorlh ***** Abarcom AE And O Amaprop 167 835 38QS unch Ml MMGS 2065 10 AAMC 7825 1180 unch -10 Sxsr 1700 6400 40 100 C G Smrti 1830 440 CNA220 words
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Article653 1984-07-27 10 JULY 25 US* AO bidUtftMt Ale an Alumn Alcoa Z 24* 31 -1* Alagftany Lud AM Own Cp AM StOTOS Afc-Chalmars Am Brandt he Am Broadcast Am Can Co Am Cyonamid Am Bac Pwr 21* 28* 42* 8* »M 60* 41 44 17* -I* Am Exprass Am Horn*653 words
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Article905 1984-07-27 10 Amsterdam JUtV 25 Ft A8N 292 00 >2 106 50 +1 AhoM Akzo AWfV ***** 05 78.70 +04 143 00 -*-05 Afflfai 52 30 +0 3 Bark M AO J) 1 Boh 8300 +05 231 00 -2 Botfca 28 70 unch 63 20 +0 2 Caland C* 3520905 words
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Page 10 Advertisements
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Advertisement548 1984-07-27 10 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. IzDZI Pin Hsiang548 words
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Advertisement127 1984-07-27 10 London stocks, Pag* 12 Feng Cheng Lou for the best Teochew food in town. Discover mouth-watering delights prepared by hong Kong chefs. Feel like royalty while you dine in Oriental splendour. Open daily from: 12.00 noon 3.00 pm for lunch and 7.00 pm 11.00 pm for dinner CRown 0/waHom. mi»m«127 words
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ASIAN STOCKS
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Article276 1984-07-27 11 HONGKONG: Share prices closed steady yesterday, reflecting a weaker US dollar and expectations that British Foreign Secretary Geoffrey Howe's visit to Beijing may result In positive news about Hongkong's political future. i The Hang Seng Index closed 4.59 up at 763.07 after being up 10.16 at the mid-morning fix.276 words
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Article215 1984-07-27 11 JUtY 26 AJ Sancara Mm MT -0 1 Cham Mut ban Hwo Indut 21.80 12.80 31.20 -0.2 mch 25 40 +0.2 27 50 -03 Cortwy Com Onng Hwo Bank 30.10 59.00 26.10 26.20 16.40 24.20 14.10 20 70 +0.1 -0.5 ft, y: f|a rt rocmc CMC* Wira 18.70 2.43215 words
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Article343 1984-07-27 11 TOKYO: Fresh buying pushed share prices sharply higher yesterday after Fed chairman Paul Volcker indicated there would be no change In Fed monetary policies. The market average rose 132.07 to close at 9,932.18 after rising 61.15 on Wednesday, on volume of 330 million shares against 280 million on Wednesday.343 words
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Article84 1984-07-27 11 My 26 WM Hyundai Corp Hyundai Motor KAL 960 670 455 +44 +5 -5 Bark Seoul Chohoung Ok Conrwncd Bk 675 650 660 644 undi unch 6 4 Koraa Firit Karoo 08 Koraa Shto Lucky Ltd 730 1330 430 816 12 -30 inch Boawoo Corp +24 Samaurtg Co 67084 words
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Article456 1984-07-27 11 SYDNEY: Receding worries about inflation and interest rates pushed share prices substantially higher yesterday following rallies overseas and a rebound on gold and copper markets overnight The AD Ordinaries Index closed 11.7 points higher at 682 J. Turnover was 33.42 million shares. In metal stocks, GMK rose 40 to456 words
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Article165 1984-07-27 11 BANGKOK: Share prices closed mixed yesterday with loses outnumbering gains in moderate trading. The Book Club Index rose 0.05 to 118.22 on turnover of 24.2 million baht with 124,492 shares traded. Maboonkhrong fell three baht to 70, Siam Cement dropped two to 377, Bank of Ayudhaya Ltd rose four165 words
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Article123 1984-07-27 11 MANILA: Share prices closed generally easier yesterday in trading which remained dull because of the Philippines economic situation. The Commercial and Industrial Index was unchanged at 124.30, the Mining marker fell 4.52 to 962.51 the Oils Index eased 0.018 to 0.743. Benguet Con B fell to 105 from 110.123 words
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73 1984-07-27 11 Reuter CURRENT profits of major Japanese companies are likely to rise an average 45.9 per cent between the end of March 1984 and the end of March 1987. Wako Research Institute of Economy Inc said a survey of 413 companies listed on the TokyoReuter - 73 words
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341 1984-07-27 11 Reuter REGAL Hotels Holdings says its previously-announced capital reconstruction plans will mean an 80 per cent reduction in its issued share capital. In a statement it said it wishes to reduce debt and change the capital structure to reflect current assets. It proposed a one-for-flveReuter - 341 words
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201 1984-07-27 11 AFP HONGKONG Land, the colony's biggest real estate Arm, believes that property prices in Hongkong have bottomed out after their crash two years ago, the General Chamber at Commerce Mags line says. Martin Spurrier, general manager of Land's sales and public relations,AFP - 201 words
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Article33 1984-07-27 11 Reuter LISTED Imperial Chemical Industries PLC unit ICI Australia has agreed to sell its fibremakers division to privately-owned JGL Investments Pty. Fibremakers is a nylon and polyester yarn manufacturer. ReuterReuter - 33 words
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Page 11 Advertisements
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Advertisement22 1984-07-27 11 sMt WSiere to wiae, iim m<l «aMii t r *r te ii •xt 182/198 r July 27 Cite D« Li Mode w22 words
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Advertisement105 1984-07-27 11 lack Vm ■lusi tlw rtijiit i( mcfi ()f !<> turn L'( mr nu)i;i :nt< > u>u I iW<S> (<*i il 111*\ I 'iii»k i« *rjil< >i i 11^11|»« >r< MlbXj COURT HOTEL SINGAPORE Conversations at Cafe Boulevard Refreshing drinks. Good food. Under Hue skies, watch the world go by. At105 words
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Advertisement77 1984-07-27 11 V c Friday Jlite fUiic Pools ide Barbecue Fashion Show h 7.00pm-11.00pm I Showtime: 8.30pm fv $iaoo n ?v\ P» person POOLSIDC, LEVEL 4, Pmnmoont Ho4d rloe Awed* Moed Singtpof 1544 Tit *****77 r IHII' MfcflT.- Hill MM* eJMfll' JBI immpaHiiiiuiiM l r ir' T Spicy and Oriental Hotpots for77 words
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Advertisement131 1984-07-27 11 1 I jrv t'"- "fc **"*V B "lUv, *j| ittr, Rgß Once again Hilton's Orchard Cafe creates culinary excitement with a difference. Dine on authentic Thai favourites, prepared by chefs from Hilton International Bangkok. As an added attraction, a Chiang Mai umbrella painter will be in residence, demonstrating this popular131 words
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Advertisement140 1984-07-27 11 Thai S:ak\\] scm\l I n I rue Siamese iSfvlc sf< •i < y >■ i W I V ii\ Jk Thinking of food. Think Thei: Spicy Tomyum Soup, Charcoaf-Qrttled Seafood, Royal Thai Seafood and our other deiectatoie Thai CuWne. Or If you re a gourmet cook, take home torn fresh140 words
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Article927 1984-07-27 12 THE market closed steady yesterday in quiet trading, having retreated from early highs at around mid-session on a lack of follow through. At 3.30pm, the FTSE 100 index was up 3.7 points at 999.9. Dealers said prices opened firm on remarks before Congress by US Federal Reserve chairman927 words
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Article210 1984-07-27 12 Reuter JAGUAR PLC fh»<rmnn Hamish Orr-Ewing said the board is very happy with the 165 pence per share price in the offer for sale of 177,880,000 ordinary shares in Jaguar by statecontrolled BL PLC. The price is at the lower end of City expectations. "We think,Reuter - 210 words
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Article180 1984-07-27 12 Reuter MINET Holdings PLCs £38.17 million compensation offer to 1,524 underwriting members of the former PCW Insurance Syndicates was 89 per cent accepted by those named and 83 per cent accepted in terms of total value of the Oder. Minet and Alexander it Alexander Services Inc,Reuter - 180 words
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Page 12 Advertisements
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Advertisement1358 1984-07-27 12 A Bangkok Bank Limited (Incorporated in Thailand) BALANCE SHEET A 8 AT DECEMBER 31,1M3 LIABILITIES AND SHAREHOLDERS' EQUITY ASSETS DEPOSITS Demand deposits Savings and time deposits Deposits in foreign currencies Total deposits DUE TO BANKS interest bearing DEMAND UABfIJTES BORROWINGS Domestic borrowings Foreign borrowings Total borrowings PROVIDENT AND PENSION FUNDS1,358 words
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SHARE INFORMATION
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Article, Illustration4108 1984-07-27 13 RENEWED investors' confidence sent share prices sharply higher across-the-board at the Singapore stock market yesterday. Both the major local indices recorded their best gains so far this month. The BT Composite Index advanced 15.37 points to 788.11 while the widely-fol-lowed Straits Times Industrial Index4,108 words
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Article223 1984-07-27 13 SINGAPORE Rises Indices Kwiig 90c 1000 N T 260 Silnjir OrMie 550 S> 350 G Laa*a< 205 OHM* Hup 390 Amai 7U 274 Strain Trading 510 Carafca* SO* 232 DBS 795 ftmm 560 Falls 45 33 30 30 25 24 23 22 22 20 20 Jai|r 25223 words
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Article500 1984-07-27 13 AFTER seven consecutive sessions of losses, the Kuala Lumpur stock market rebounded yesterday, with share prices closing higher on a broad front. Buying support, which had been absent for quite some time, was evident and trading was fairly active, with interest focussed on industrial500 words
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Article3609 1984-07-27 13 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of ***** units unless otherwise specified. All Time Settlement Contracts are quoted after the word "SETT".3,609 words
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Page 13 Advertisements
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Advertisement0 1984-07-27 13 \%*@~(]-}(@\|!\~{&>.@_>&[;_[|"?0 words
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COMPANY NEWS
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638 1984-07-27 14 Prospects for F N and HMPB improve mm FBAfflSB A NEAVE is expected to perform well this year and Ifsrrlw Malaysia! Plaatatiaas's share price appears to be relatively cheap, says London-based stockbroking firm Laurence, Prust A Co. Laurence, Prust said FAN'S pre-tax profits could improve 10 to 15 per cent638 words
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Article106 1984-07-27 14 HONGKONG Australian Industrials Hong Seng Index Thursday 970.4 Wednesday 960.3 Thursday 763.07 Monday 968 6 Week ago 964 4 Wednesday 758 48 Week ago 797.65 NEW YORK Dow Jones TOKYO Wednesday 1096.95 Tuesday 1086.57 Tokyo Dow Jones Week ago 1111.64 Thursday 9932 18 Wednesday 9800 11 Standard and106 words
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Article209 1984-07-27 14 Monogers' prices for July 26 Second B'putro Third B'putro Fourth B'putro 4 98 409 460 503 4 14 465 Singapore Unit Trust Fifth B'putro Sixth B putro 3 11 297 3 16 302 The Comnwrct 314 3.34 Seventh B'putro (A) 209 2 14 The So»og» Fund 1 93209 words
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Article3033 1984-07-27 14 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS Ala* Htdg cd Alcoa (2 008) (I) 2 013,033 words
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Article78 1984-07-27 14 FRA8EB A Neave Limited: 85th AGM on July 27 at 10am at 475 River Valley Road (1024). KHONG Oua Plw Milllag limited: EGM on July 27 at 11am in Registered Office, 120 Tanjong Rhu Road (1543). MOUNT PleMue HeMtags Berfcad: 23rd AGM on July 27 at 10am in78 words
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226 1984-07-27 15 SINGAPORE LAND Ltd has reiterated that the $23.6 million compensation from Chartered Bank is not an acquisition move and therefore does not fall within the ambit of the Listing Manual. In reply to a query from the Stock Exchange of Singapore,226 words
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Article26 1984-07-27 15 MUI MUM TRADING on a settlement basis in the shares of Malayan United Industries Bhd and Malayan United Manufacturing Bhd will be suspended from 10am today.26 words
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203 1984-07-27 15 SPP LTD IS negotiating with Progessive Builders Pte Ltd to acquire the latter on a set of new terms and conditions which would involve an outright cash transaction. The paper products and construction-based group had earlier agreed to acquire Progressive Builders for a203 words
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LATEST RESULTS
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Article74 1984-07-27 15 has announced higher Group pre-tax profits of M 54.57 million ($l.BO million) for the year ended March 31, 1964. Group operating revenue, however, was lower at $26.33 million ($36.31 million) due to the exclusion of results for Synthetic ReatM (M) Bhd, which ceased to be an associate74 words
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Article57 1984-07-27 15 has reported marginally higher Group pre-tax profits of M 523.3 million ($22.9 million) although turnover fell to $127.53 million ($136.26 million) for the six months ended May 31, 1984. A first interim dividend of 10 per cent gross (previously 10 per cent) will be paid on Oct57 words
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479 1984-07-27 15 IGB CORP Bhd is to spend about Msloo million on its Pangkor Island resort project. The first phase of the resort, costing about $20 million, is expected to be completed by September next year. The remaining phases including the proposed condominium479 words
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406 1984-07-27 15 Reuter STANDARD Telephones ft Cables PLC has bought about 9.8 per cent of ICL PLC at 77p a share, and is making an offer for the rest of ICL which has a value of around £391 million. It was announced yesterday thatReuter - 406 words
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696 1984-07-27 15 NAJEEB JARHOM - By NAJEEB JARHOM KUMPULAN EMAS Bhd, a plantation- and engineeringbaaed group partly owned and run by former executives of Kuala Lumpur Kepong Bhd, is offering 16.19 million new shares of par value 50 cents priced at 70 cents each to the Malaysian696 words
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Page 14 Advertisements
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Advertisement1161 1984-07-27 14 RANCA COMMERCIALEITALIANA (INCORPORATED IN ITALY WITH LIMITED LIABILTY-ESTABLISHED 1894) HEAD OFFICE: PIAZZA DELLA SCALA 6. MILANO. ITALY. BALANCE SHEET AS AT 31ST DECEMBER 1983 (in US$) Cash and funds with the Central Bank Securities in portfolio: Treasury Bills Other State or State guaranteed bonds Bonds of special or medium-term credit1,161 words
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Page 15 Advertisements
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Advertisement669 1984-07-27 15 Amsterdam-Rotterdam Bank NV The Amsterdam-Rotterdam Bank N.V. Amro Bank for short is a major commercial and investment bank in The origins of which d«t« J /Wfn^ ta The Amsterdam-Rotterdam Bank N.V. Amro Bank for short is a major commercial and investment bank in The Netherlands, the origins of which date669 words
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434 1984-07-27 16 SOH TIANG KENG - By SOH TIANG KENG, Banking Correspondent THE SINGAPORE dollar will weaken slightly against most major currencies if the US dollar starts to decline in the future. This, said bankers, is because the Singapore dollar tends to move in close tandem with the US434 words
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Article132 1984-07-27 16 THE LOCAL dollar gained almost V/i cent against the US dollar while gold prices rose more than US$lO per troy ounce in Singapore yesterday. The Singapore currency closed at 552.1395 against the US dollar on the foreign exchange market, compared with the previous day's closing132 words
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228 1984-07-27 16 HUDC RESIDENTS are unhappy and discontented with the service provided by the HDB. That is why the government has proposed that they manage and maintain the estates themselves. Mr Teh Cheang Wan, the Minister for National Development, told Parliament yesterday that since the HDB228 words
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Article, Illustration504 1984-07-27 16 JOANNE YAP - By JOANNE YAP SINGAPORE'S increasing crime rate must be arrested. Towards this end, the Penal Code (Amendment) Bill passed in Parliament yesterday will allow the courts to mete out stiffer punishments. The Bill imposes a minimum sentence for all classes of robbery, housebreaking504 words
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375 1984-07-27 16 ALVIN TAY - By ALVIN TAY CENTRAL BANKS should require commercial banks to establish a special category for de facto non-per-forming international loans so that banks' balance sheets and income statements can convey the information intended. Professor Richard Thorn, Professor of Economics and director of the Economic375 words
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292 1984-07-27 16 IN A MOVE which reflects its intention to be a more commercialised organisation, Telecoms has adopted a new approach to business planning. Early this year, the sole provider of postal and telecommunication services in Singapore engaged a Swedish management consultant firm to help it plan292 words
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68 1984-07-27 16 A DELEGATION of 11 Permanent Secretaries from Brunei arrived in Singapore yesterday for a four-day official visit. Led by Dato Selamat bin Munap, the Permanent Secretary of the Brunei Prime Minister's Office, the delegation will hold informal discussions with their Singaporean counterparts on areas68 words
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Article66 1984-07-27 16 THE broader market was outperforming the blue chip stocks after 30 minutes of trading on Wall Street yesterday. The Dow Jones Industrial Average, which rallied sharply on Wednesday, was up fractionally to over 1097. Overall, gainers led losers three to two. Volume was 15 million shares. Harris66 words
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Article, Illustration256 1984-07-27 16 UNDER THE ARMS Offences (Amendment) Bill passed in Parliament yesterday, people found guilty of possessing firearms and ammunition illegally, together with other similar offences, could be jailed for a minimum period of five years. Proposing the amendment, Minister for Home256 words
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LATE FILE
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Article60 1984-07-27 16 Reuter THE Federal Deposit Insurance Corp has appointed Mr John Swearingen, 65, formerly chief executive of Standard Oil Co of Indiana, as Continental Illinois Corp chairman and chief executive. It also appointed Mr William Ogden, 56, former vice-chairman and chief financial officer of Chase Manhattan Bank, asReuter - 60 words
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Article47 1984-07-27 16 AFP THE national flag carrier Japan Air Lines has been alarmed by a string of dysentry cases among its stewardesses on international flights. The Health and Welfare Ministry said yesterday that 12 stewardesses and one co-pilot had been infected with dysentry this year. AFPAFP - 47 words
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Article42 1984-07-27 16 Reuter TAIWAN'S Olympics officials yesterday accused Chinese reporters at Los Angeles of "harassing" the island's competitors. An official said reporters from the New China News Agency and the People's Daily had been putting sensitive political questions to Taiwan's competitors.Reuter - 42 words
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Article50 1984-07-27 16 Reuter PRIME Minister Indira Gandhi said the government was evaluating offers from foreign companies to supply technology to produce large mainframe computers in India. She told parliament the computers will be manufactured by the state-owned Electronics Corporation of India in the southern city of Hyderabad. ReuterReuter - 50 words
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Article43 1984-07-27 16 Reuter AUSTRALIAN Foreign Minister Bill Hayden will arrive in Bangkok on Monday for talks with Thai leaders. Foreign Ministry officials said yesterday Mr Hayden would meet Prime Minister Prem Tinsulanonda and Foreign Minister Siddhi Savetsila during his five-day stay. ReuterReuter - 43 words
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Page 16 Advertisements
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Advertisement22 1984-07-27 16 THE PLAZA SERVICE ARGUMENTS Managing Agent UNITED OVERSEAS LAND LIMITED 7500 A Beach Road. #02-305. The Plaza. Singaporeo7l9 Tel: *****11 or *****3322 words
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Advertisement651 1984-07-27 16 Positive Power And Influence Programme Singapore, September 17 21,1984 Influencing others peers, subordinates, superiors in both structured and informal situations is probably the most important basic management skill. This programme meets the acute need for staff and managers to have specific opportunities to sharpen skills in influencing others. It provides651 words
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Page 16 Miscellaneous
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Miscellaneous45 1984-07-27 16 Outlook for todoy: Cloudy; scattered showers in the morning. 7.30pm on Juty 26 at the airport: Maximum temperature 31.! Associated humidity 7! Minimum temperature 25.! Associated humidity 9! Hours of sunshine 5.91 RoinfaM in millimetres N Roinfoll this month 124.! Rainy days this month II45 words
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SHIPPING TIMES
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378 1984-07-27 17 THE JAPANESE government has urged the country's shipping industry to expand into new operations and create Joint ventures with overseas companies. A paper published by the Ministry of Transport said that shipping lines should streamline their businesses and diversify to offset the378 words
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Article, Illustration561 1984-07-27 17 VONG NYAM MING - By VONG NYAM MING SHAPADU Holdings has scored a hattrick with the recent clinching of a contract to overhaul a fleet of TCM straddle carriers owned by the Port Kelang Authority. The general overhaul programme, to cost about M 9250.000 per TCM,561 words
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PORTSIDES
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Article99 1984-07-27 17 Reuter A GROUP of US bankers arrived in Taiwan to negotiate an emergency loan (or the Eddie Steamship Co, communications ministry officials said. Shipping industry sources said the company, which has more than 100 bulk carriers totalling over (our million deadweight tons, is seeking a package involvingReuter - 99 words
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Article549 1984-07-27 17 MpptatUm Paga c* Alao VI 3 Atvwiuai Lmar VI s AC Toaptar X s A»«C VI 3 A^CU^ ,P, »V 1 V 4 API 4/5 Aitov Lm X 4 Asa 1 AhM« V 3 AtaUm X 3 AuMM Una V 1 Ba»-Onant VI 4/3 Bafec Ene X549 words
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Article, Illustration1255 1984-07-27 18 Maritime Asia THE DISCUSSION of Malaysian ports has been dominated by the prospects of privatisation. Various options for privatising the ports have been discussed, but nothing has yet come from the Prime Minister's office, which would have the job of directing the Ministry of Transport to commenceMaritime Asia - 1,255 words
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Article1687 1984-07-27 18 INCREASED sugar chartering is reported on the freight market on Wednesday while details emerged of a vessel fixed on Soviet account in the time-charter sector, shipbrokers said. Sugar operators arranged two cargoes from the Dominican Republic to Savannah at US$9.5O and they agreed $34 from South Brazil to1,687 words
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233 1984-07-27 18 AFP A CHINESE meteorological official, worried about an oil rig, the Glomar Java Sea, in the South China Sea during a typhoon, warned Arco China Inc by phone, the newly published China Oil reported. The Glomar Java Sea, an oil driller of AmericanAFP - 233 words
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402 1984-07-27 18 THE Philippine government's new log shipment policy gives private shipowners the freedom to negotiate with their foreign partners a sharing scheme on the shipment of logs while reserving 50 per cent of the country's log exports for locally-registered ships. The agreement with foreign partners402 words
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Article172 1984-07-27 18 Reuter THREE Soviet oil tankers were temporarily trapped lately by unusually thick ice packs along the northern coast of Siberia, the government newspaper Izvestia said in warning of bad weather ahead. It added long-range forecasts were for worse conditions than those of last autumn which sealedReuter - 172 words
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Article101 1984-07-27 18 Reuter AUSTRALIA has told the United States it will pay for damage caused in Hawaii by an Australian sailor who crashed into 14 boats during a sea chase. Prime Minister Bob Hawke had written to the mayor of the Hawaiian island of Maui saying his governmentReuter - 101 words
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Article227 1984-07-27 19 AFP THE INDONESIAN navy will be equipped with four fast jetfoils for use as patrol ships and troop carriers, the leading Tempo Weekly reported. To be built by the Boeing Marine system in Renton, Washington state, one semi-finished jetfoil is scheduled to arrive at the state-ownedAFP - 227 words
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420 1984-07-27 19 NEWLY-INDEPENDENT Sea-Land Corporation has reported the highest quarterly results in its 28 years of existence. On the back of a substantial 13 per cent rise in revenues over 1983's second quarter, the growth in earnings from operations shone this year, shooting up by420 words
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Article189 1984-07-27 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 EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. AMRO (STRAIT8/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd189 words
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412 1984-07-27 19 Reuter STATE-OWNED British Shipbuilders is to sell its warship building interests by March 31, 1986. Trade and Industry Secretary, Norman Tebbit said. "To secure the maximum practical extent of fair competition, we would prefer to see the yards sold separately orReuter - 412 words
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4720 1984-07-27 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.4,720 words
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Article622 1984-07-27 25 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godws FCL Ship Voy Arrival for LCL movement date/time Operator cargo schedule Location Khd Romas 27AE84 28.7 84 0700 S Soviet 51 1200-1400/1800-1900 B4 L Srimani 21E 28.7 84 0700 NAPL TA 3 1100-1300/1800-1900 B4 Takari H 2258622 words
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Article1605 1984-07-27 25 The leading shipping lines operating from local ports and their agents. A-B APE A African Shipping Agencies <S> Liar Transgroup (S) Ahrenldel Uaer ServW Kim Shpg (S) Alfred C Tttpta Oceanus Shipping Agency (S) Marlntex Enterprise (PK). AlpM Intrasea (S) Binung Shpg (KL) Island Cargo Handling1,605 words
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Article420 1984-07-27 26 AT CONVENTIONAL WHARVES Vessel Berth Agent Arrival Departure KEPPEL WHARVES Bal YunShan 18 Y Fung alongside 27.744/0600 Bowoon No 5 15/6 OdfJell Wes alongside 27.744/1100 Jenson n 22 T Soon alongside 27.744/0700 Makmur 21W SSPL alongside 27.744/1500 Ninhco 37/8 NAPL alongside 27.744/2300 Oc Splendor 25/6 Sankyo alongside420 words
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Page 17 Advertisements
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Advertisement205 1984-07-27 17 lUisiiK*ss l)irc< lory of Sin&ii><>r\: (BUKU MF.RAH) GIVES YOUR PRODUCTS SERVICES THE PROMINENCE THEY DESERVE h •IAHDIXK AMAH o FULLY CONTAINERISED SERVICE ro FI'ROPF V-A SUEZ S'pvi PI«n( 1/8 2/8 KOKJW MCEM 25M T.». MM 21R mmnamm OCVBUD MM 41* 10/8 11/8 22/1 23/8 [i im if 10/J 11/9 15/9205 words
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Advertisement334 1984-07-27 17 LlrJ SEALORD UASC UNITED ARAB SHIPPING CO SAG NATIONAL LINE OP BAHRAIN. IRAQ. KUWAIT. QATAR. SAUDI ARABIA AND UNITED ARAB EMIRATES EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE f I ROM l\r\N IMHW HON(,KO\(i TO AKABIAN (i 1 LI KKI) Sh!.\ W MQ DUB DAM KWT MN AM OOM fl> mMMRMM334 words
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Advertisement516 1984-07-27 17 IFULLY CONTAINERISED SERVICE FAR EAST/EUROPE W H TO MKMmmz* l/» W UWTOM»m W 9 FBON HONOKW COHTMB M »/7 Utf»/TV*/W/*T A««h atom nam co (pro in> ra *****11 U (P6T) T* 72JKC For mora drtrfi rater pop* fV MAERSK LINE EXPORT FASTEST SERVICE TO liV'i 2-2/1 3-4/1 IBS 9-9/1 10-11/1516 words
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Advertisement261 1984-07-27 18 FAR EAST/EUROPE CONTAINER SERVICE To Europe. From E VmM. I S port 1) Mataw. Stocktotar., Otto, ttohaaki. 2) Copmtiafcn. Ajrhnv 3) Br mm 4) i Amsterdam. UK. 5) Batto Bordcaui Use Kctptmi KwmKi carpi to Ho«|fco<n I Japan I Korea •OwactCalP Katonf USA CONTAINER SERVICE EASTBOUND A. PIUTUS 338 >.261 words
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Advertisement387 1984-07-27 18 USA/CANADA W Wmf W4 YAMABMITA-SHIMNIHON LINE A MmS CONTAMKN lERVKII Pacific south WMt Pacific North Waat Atlantic/Canada at Tokyo Foodar atKoba FaadaratKoba LABI aata u/l 11/S 1V» QH Ha 11/1 14/9 IJUMX 21/1 22/1 m/i t mm n/9 a/% 1 «m Alio accepting LCL Cargo lor USA I 21/9 21/9387 words
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Page 19 Advertisements
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Advertisement680 1984-07-27 19 The Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabth, Sarawak, Brunei Porta and Bangkok CONTAINERSHIP SERVICE TO UK/CONTINENT S'pn rim nn jo/t M/l M/l Wt 14/* n/t wt i*/i a/i *4/1 M/l 12/9 14/9 tt/9 n/9 nn a/9 S-tan KW| Ina Ita wt it/t n/t 2i/i680 words
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Advertisement495 1984-07-27 19 IZABELLA PROMPT LOADING DIRECT CALL TO CALCUTTA CALL TEL NO *****45/*****72 Franco Belgian Ser vices (MFMBtH OF ACfc CONSORTIUM! BUUB fwu. commaa* sang w JTOK P. SUM l* Mm* ttm rtMm Hm rNrai M t'tam Kta i*m 2a* aa*2i*aa*aa*aamaa* s cotmo xj. «i 11* 11* a* 3BAm lIS* US* MS*495 words
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Advertisement475 1984-07-27 20 Hapag-Uoyd 10 rONTWNI UK EXPORTS Sp*r« P Kctanf Pent laiiws Mat Gtnu H'bw, Itdam BTia»*o I 18/8 21/1 23/1 14/9 u/j i)/) 10 US* CANADA Br emu Eiprtu 31/7 2/t TM 12/1 21 KamahvaMara 2/1 TM* (IS/t) 21 Hankwt Eiprtu 5/1 7/1 N. laspcr 17/1 4 Kuranu Mara 12/1 14/1475 words
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Advertisement377 1984-07-27 20 mu FULLY CONTAINERISED SER VICE 10 fUROPf Vl* SUEZ 1 Mfmbef ol thf Ac Comort w KOKNI MCUR 2M 1/8 nUNSNOHJ) BMDGt 21* 10/8 OKNTAI CWF 40W 22/8 CWVALfR PAUL 41W 1/9 m comwo 4i* 6/9 AISO 10A0MG FOR BRIMERHAVEN I'tai MW| Artwwp 21/8 23/8 25/8 78 8 30/8 1/9377 words
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Advertisement446 1984-07-27 20 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE ACCCrTMC FCI t Id CARGO TOR m. HC «G FLI «W (WW LHV E»«rljnc 31/07 01/ M 71/01 73 OS 25/00 27/00 20/00 Emi G*mn MM 25/00 01 M 07/00 04/ M 05/00 07/00 EMrCrMt 10 01 04 00 11/00 12/00 14/00 15/0017/00 aiso446 words
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Advertisement1043 1984-07-27 20 KIE GWAN SHIPPING (M) SDN. BHD. Mr 2*A Ml. AN BEXANGAM P«T KQAN6. SELANGOR. MALAYSIA TEL Mes. mm 3M435. *****2 *****4.3«0122.3#9®97 W. MALAYSIA/STORE TO E. MALAYSIA SERVICES: P KLANG S PORE tGAMBEIA KKblu. S kan. Tawau In Pt/31 Jul* 1/3 Aug tATOMOH SATU KKblu. Skan. Tawau 1/6 Aug 7/9 Aug1,043 words
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Advertisement105 1984-07-27 20 ELS I NOSE MARITIME PTE LTD W(l IYI ISLAMIC REPUBLIC OF IRAN SHIPPING LINES SUN UNION LINE TTTSTTTTTT7TT VORTEX BREEZE .Samoa cross i AGWTS vmmm PORT KEUNC fOMK L SMGAPORE PJCELMK PENMG LOAD FO 30/7 Karada l«/« da sans MNBTBc rrc ltd TU *****44/7 I *****71 ROOUK SEAWAY WR COVMIT105 words
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Page 21 Advertisements
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Advertisement848 1984-07-27 21 PIL GROUP EAST AFRICA/REDSEA SERVICES KOTA WW AT A HOT A MCQAH KOTA WMUWAN KOTA WAJHJNA KOTA RAKYAT KOTA MAKMUR KOTA CAHAYA (•w I.IJ.Pf v/ VOY: CP/29/M VOYAGE E-SIS E-517 E-51t E-S2l E-523 SINGAPORE LOAMMQ FOR: 9-12/6 AOCN, MOOCH) AM, JEDOAH, AO ABA DJWOUTI. HOOEIOAH. JEDOAH. PT6UOAN, MOGADISCIO. »-Wt AOCN.848 words
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Advertisement651 1984-07-27 21 V BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROff EUROPE FROM EUROPE MM B MUCH I DAM HANK UK ■rant* Eiprtu SaM SaM SaM SaM Sat RamaAiaa Mara SaM SaM SjM SaM SaA HamM»| Eiprns SaM SaM SaM SaM Sal Rwama Mara SaM SaM SaM SM*4 Sa* CM» 1 (M»|*651 words
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Advertisement510 1984-07-27 21 DJAKARTA LLOYD INDONESIAN NATIONAL LINE Far East S'pore Service Ful Container Vessel Bus* Y«k»- Robe Km- Sparc t|Pnok GOWA *10 08 11/7 14/7 l«/ 7 S? l/« 2/1 EXPRESS SEMI-CONTAINER SERVICE TO/FROM EUROPE STORE t KEIANGRDAM. TUURY/ WBURG ANTWERP ADAM LONDON BREMEN SOWAIttM 31/7-4/1 5/1 30/1 2/9 4/9 C/ 9510 words
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Advertisement460 1984-07-27 21 BOUSTEAD SHIPPING AGENCIES BURMA mi STAR SHIPPING CORPORATION f Burmese National Line) Loadinf for Rangoon Pinyo V 74 Sit-twoy* Bossein** S'pore 25/29 July 28/30 July 9/11 Aug Rangoon P.Kelong Penong Htonc Ywo V 194 8/10 Aug 7/8 Aug 5/7 Aug 4/6 Aug •LOADING FOR HONGKONG JAPAN LOADING FOR HAMBURG, ROTTERDAM,460 words
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Page 22 Advertisements
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Advertisement1015 1984-07-27 22 1 K LINE HBlBB——* KAWASAKI KISEN KAISHA, LTD.— USA CANADA PACIFIC COAST (laclrtiag DESTINATIONS INLAND vU IPI/MICBOUUDGE MINILAND BRIDGE) FEEKR/ MOTHER VESSEL PKLG PENANG STORE T/S PORT LA/LB SEATTLE OAK LVD VAN BC RORTLAID KANSM PIONEER V3B LMM 6. BRDGE ¥2325 29 Jul 31 Jul 2 Aug (TK) ASIA STAR1,015 words
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Advertisement378 1984-07-27 22 I %X MOMD6TQ *093 SA CONSTANT* 043 f.vr HA YAK ANA MMU M2ISF SA MM. W3I4F JARDME SHTfMG AGENCES (Iff. *****4/ 00K) 70 SHENTON WAY #04 03 MARMA HOUSE. SMGAPORE 0207 TEL *****11 TELEX NO RS ***** CFS OFFCE TPC #03-029 T«t: *****31 w4 *****32 TERMMAL OffCE TfC #034)30 Ttf378 words
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Advertisement569 1984-07-27 22 CALIFORNIA/PACIFIC NORTR WIST SERVICE EXPRESS CONTAINER/REEFER/BULK SERVICE LuM| tar lOS MGOfS SM FRANCISCO. JUTTU. TACOMA. VANCOUVER «.C ra/ra u«n AUSTRALIA EXPRESS CONTAINER SERVICE a<c««Hl fa/Fa cn—i 24A«| Sf«i AM Bris 2 Stft AM Bra SM Sf* AM Bra 27 SM AM Bra "*■l T>« htm 3/ A Anj II A«n569 words
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Advertisement580 1984-07-27 22 SANKD ASIA LINILp FROM JAPANESE PORTS ANO 30M/31M 31M/ 1 Aug 3 REGENT RUTH 4. ELM 5. EDO MfUtU COTONG ROYONG 7. SEBHO MARU 30/1 Ml 1/3 Mi 3/5 M| 7/f M| 11/13 M Agontt Singapore C.F. Shorp A Co. (M) Pte Ltd. Tat. *****22 Port K along: J ANAS580 words
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Advertisement431 1984-07-27 22 f INTRASEA (PTE) LTD. 10 Anson H.-,d 527 1* P.,.-,, Sir>'_|,ip.)fP 0«'l!7 Tel .'4',' 1 t o BREAKBULK SERVICE TO EUROPE/UK PS S part t Rata* laa** tar 12/1 15/1 Ron/Mn/V1.(»«M) SEAWOOD SHIPPING CORPORATION S pore P Ketang SaM NTUSI (TO) in I MTMK 9VPME CO. 1 *****11 4332 M431 words
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Advertisement580 1984-07-27 23 NEPTUNE ORIENT LINES FAR EAST/EUROPt FULLY CONTAINERISED SERVICE »cf c. TO EUROPE/UK (VIA SUEZ): Also accepting cargo to/from Scandinavia K JACEJW S'pore Closing Times: FCL Cargo 1800 31/7 La Cargo 0600 31/7 FROM EUROPE (VIA SUEZ) STRAITS/AUSTRAL IA RO-RO CONTAINER SERVICE TO AND FROM AUSTRALIA: SURABAYA JAKARTA SMGAPORE PEMANG P.580 words
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Advertisement427 1984-07-27 23 V; DON AM HEUNC-A SHIPPING Korean Flag Vessels 1 SEMI-CONTAINERISED DIRECT SERVICE TO BANGKOK. KEELUNG. BUSAN. INCHON WI MCHON BUSAN u/i a/i 2J/« vn J/> ii/» <*"»* Ww, 10-7 14 FM MM 12M IH ti Kwt Murm C* f'*l tIJNI Nf PT(iNt Alii NCR S Plf I TO Irt .'-899:/427 words
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Advertisement768 1984-07-27 23 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SMSOV BULDMG 55, Market Street Sinfapore 0104 Telephone Numbers *****3 (15 Lints) Cable Address SMSOV SMWORE Telex Numbers RS 213*0 RS ***** RS 2510S P KELANG N/S SHARKAT NAM SOON SON BHD IST ANO 2ND FLOOR. NO 1. JALAN CEMPENMG. ROOT KLANG. MALAYSIA768 words
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Page 24 Advertisements
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Advertisement573 1984-07-27 24 Itc«|i»iial Container Lines 3 Sailings Weekly Reliable Regular Punctual Berthing P S A. 1500 Hrs TueB, Thurs Sat HINODE KISEN CO. LTD I I.TK lIKV\ 1.1 I'l \KKIIK S'pore ALPHA PACHC 29/31 Jul A VESSEL 4/5 Auf GOLDEN 22/24 Aut ALLIANCE Pnj Loadhf for Bahrain, Abu Dhabi Colombo, SaMah, l¥^573 words
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Page 25 Advertisements
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Advertisement113 1984-07-27 25 CwUfi Ctm* ■»<— French Line I LiCOIiNI: m REGULAR SEMI-CONTAINER STOW M/V AfiTOCS V7LS4 Sailed M/V HAUSSMANN VBLS4 15 M/V ANJOU V9LS4 24 111 SCMJON SHTPMG (S) PTE LTD. SALES/BOOKM6S TEL *****11 (t LMES) TO BANGLA-DESH/HWA/SRI LANKA/PAKISTAN CaOWO BOMBAY Sea winds DIRECT FULL CONTAINER SERVICES rjf it iu*'S QRIf NI113 words
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Advertisement600 1984-07-27 25 CONCORD LINES 3D2ZE: 7 MH M #OMO, Tap* Papr CaaptH (KM) fit I *wt a/7 HOCMMM a/7 Wh m Mam) 75/7 a/7 la*M (Mm Pa*. Na Hw«) S*pd It Mbml CONCORD MARINE PTE LTD T* *****31 (J Lam) Tk RSJS733 an* lot 533M23 *****30. *****07 tU ttd Loading (or lUJJGH0600 words
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Page 26 Advertisements
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Advertisement65 1984-07-27 26 BALTIC ENTERPRISES PTE) LTD ETA ETD OCSTMATKM PAMAAMN 29 Mr 31 My PanUarak NMA XI (M 1974) 9 Auf 12 tag Samaras/Surabaya SEMNMG (M 1974). 15 M| 17 Am Paniianak Oanfcfc c*ac«y 29 taw. OCEANRING MARINE PTE LTD Mt CSC*. STREET f 10-03 PH BLNLCXNO TELEX <W J0731 OMMO CABLE65 words
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Advertisement72 1984-07-27 26 Nfi Shipping Private Ltd. Telephone: 22J0M0,22K643. REGULAR SERVICE TO AM) FROM CHmAGONG/ftMMAS (S'part Fhf) SMQVOK POMN mi GAIACnC* 14/t NEW GUMOMN 2/1 ACCfFTME 2PFT CONTMKR FCI «d SOC KMIK OfTTMONC MNALHNA Singapore 5 Continents— 1 Forwmrdtr Offering direct LCL Service to Hamburg with connection to European destinations (Germany/ Aus tno/Switzerland/Denmark)72 words
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Advertisement495 1984-07-27 26 Pi m| FREIGHT MANAGEMENT 10A0MG FOK J AUSTRALIA I 1/1 u/i 11/1. n/i. j/9 NV npwnu UK/CONTMENT n/*. n/«. h/i 4/i ui rain. SCNBNAIM. U HMVE. Antwerp nnoMi CANAOA/U.S.A. 2/1.7/ a. 14/*. H/« 11/1 au. mud rain *EST EAST COAST I Mi 2/1. 5/1. 21/1. 21/1 AUCKLAN). NEIiMETOR irnamnm 2/1.1/1.495 words
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Advertisement435 1984-07-27 26 Everett Lines I COMPANM PERUANA OE VAPOREES (Cf.V.) "PERUVIAN STATE LINE" Lojdmf lot Calac MaUian to tni tl othef Pe»u«*n ports <ntft tumJupmwit at ftobt Or CPV Throaffc ol l*dM( to hull destination P«mi| P. Kaiam fcppw MUHUrronr 31 My/2% 3/4 Am MMOCKKTT S/10 noMsracn 19/21 22/23% 1* "EVERETT ORIENT435 words
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Advertisement509 1984-07-27 26 ZIM WM, »SONKX acta** FCLA c*t*» t» USA East t M«st C*«t, Cantou* mi Ini Cmit* fm4m Wat fe L« AM to> %c Mi f *5? AM MOWTHM 31 M 71* 11 S* 141* 14 1* Mfcpl fSS mwnui 7tai UM Hhpi um UM "S Uk SM 8M 8<«l f509 words
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Page 26 Miscellaneous
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Miscellaneous164 1984-07-27 26 Regional Weather 19 X N I > k\ x\ Vi >A S3 wC Xr SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 AJtf. THIS MORNtNQ. c Cf w Wind direction with speed in knots Wove height LEGEND: R Thunderstorm Temperature o c X\ A Shower Weather Wind direction with speed in164 words
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