The Business Times, 15 October 1990
1990-10-15
1
46
https://www.nlb.gov.sg
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The Business Times
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Title Section10 1990-10-15 1 Business Times MCI (P) 170/12/89 Monday October 15 1990 75*10 words
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NEWS SUMMARY
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69 1990-10-15 1 THE SOVIET UNION'S biggest truck maker, Kamaz, has begun selling shares to domestic concerns and is seeking hefty foreign investment in the first stock offering by a major Soviet company. The Soviet trade union daily Trud reported over the weekend that69 words
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Article32 1990-10-15 1 THE INDIAN government yesterday slapped a 25 per cent "Gulf surcharge" on all petroleum products except cooking gas to beat back a fiscal crisis caused by spiralling oil costs.32 words
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Article51 1990-10-15 1 THE PETROL TAX could be capped if oil price rises are temporary. But if oil prices are likely to stay high for a long time, it is better to make the adjustments quickly and pass on the increases to the whole economy, says BG George Yeo Page51 words
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Article41 1990-10-15 1 MOST South-east Asian economies, including Singapore, will weather the effects of high oil prices better than they did in the two previous oil shocks even if fighting breaks out in the Gulf, according to a recent analysis Page 241 words
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Article26 1990-10-15 1 INTERNAL and external economic forces are conspiring to push down net capital outflow from Japan, say officials and economists in Tokyo Page 826 words
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Article41 1990-10-15 1 TOP TRADE officials of the Big Four trading partners ended two days of talks in Newfoundland, Canada, last Saturday, saying they made limited progress on negotiations to reform world trade but remain far apart in key areas Page 941 words
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Article26 1990-10-15 1 OPENING night for the Bolshoi Ballet's short four-day stint in Singapore turned out to be a sellout in more ways than one Page 1626 words
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Article28 1990-10-15 1 SHIP SUPPLIERS in Singapore will have to merge their operations if they are to remain viable, says a senior industry official. Shipping Times Page 128 words
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MARKETS SUMMARY
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Article24 1990-10-15 1 THE STOCK EXCHANGE of Singapore is likely to limit the number of seats available on its international membership list Page 324 words
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Article31 1990-10-15 1 SUMMA Investments has won a suit for M 53.36 million against a former associated company, and has been granted judgment for $1.27 million in another action Page 331 words
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Article41 1990-10-15 1 THE HONGKONG Stock Exchange plans to move to a full electronic system of screen trading of shares soon after the introduction of the electronic clearing and settlement system in the final quarter of next year Page 441 words
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Article36 1990-10-15 1 GERMANY'S three major banks jointly lost at least 350 million marks in the first eight months this year on trade on the German options market, according to a German newspaper Page 636 words
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Article30 1990-10-15 1 AUSTRALIA, disillusioned with the excesses of its flamboyant entrepreneurs during the 1980s, aims to impose a stricter code of conduct on the financial and corporate worlds Page 630 words
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Article, Illustration27 1990-10-15 1 Friday Change BT-MGA 544.31 +6.17 Kuala Lumpur ....471.22 +2.14 Hongkong 2,915.26 +30.85 Tokyo 22,390.16 -195.47 Sydney 1,326.1 -16.1 New York 2,398.02 +32.92 London 2,100.4 -1.827 words
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Article20 1990-10-15 1 Exchange rates USS SS 1.7270 Yen S$ 1.3346 MS SS0.6402 Money market rates Overnight 6-3/8% +3/8 3-montn 6-1/2 unch20 words
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Article36 1990-10-15 1 London Cold PM fix US$388.25 US$0.25 Rubber Store Nov l54.75'/kg -0.75 Nvsia Nov.... 238.50*/kg unch KL Tin Turnover....... 25 tonnes -14 Spot M$l6.26/kg +0.21 Crado palm oN Turnover 876 lots -24 Oct M$670 /tonne -2.0036 words
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465 1990-10-15 1 Chuang Peck Ming - US$67 million in returns last vear By Chuang Peck Ming PERSISTENCE is starting to pay off for Singapore businessmen who have been investing more and more money in the United States in recent years. Their income from such investments rose sharply from465 words
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177 1990-10-15 1 BUSINESSMEN will be awaiting Prime Minister Lee Kuan Yew's assessment of the pace of economic reforms in China. They will also be hoping that Mr Lee, who arrived in Hongkong yesterday en route to China for a nine-day visit, will be able to shed177 words
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430 1990-10-15 1 Anna Teo - By Anna Teo ENCOU RAGED by the successes of its earlier efforts in the US, Australia and New Zealand, the government will be mounting another major recruitment drive, this time in the United Kingdom and North America. More than 20430 words
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483 1990-10-15 1 The Gulf Crisis Agencies A SENIOR Kuwaiti diplomat said war in the Gulf could be only three weeks away, but Jordan's King Hussein called for a peaceful solution to the crisis triggered by Iraq's invasion of Kuwait. "We are very close toAgencies - 483 words
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Article, Illustration358 1990-10-15 1 John Tan - By John Tan CHANGI AIRPORT, which British Airways has chosen to be its second home, is courting three other airline giants to use Singapore as an airhub. BT understands that the Civil Aviation Authority of Singapore has approached United Airlines, Qantas and Japan358 words
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165 1990-10-15 1 Reuter AUSTRALIAN Prime Minister Bob Hawke, acknowledging that his countrymen have suffered under a tight monetary policy, yesterday said it will be eased soon for the fifth time this year. In a speech in Melbourne, Mr Hawke said businesses had been hardest hitReuter - 165 words
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Page 1 Advertisements
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Advertisement199 1990-10-15 1 I LUTD I MHI In MM Oarmany King of shoes •mkmamsmomm* Yat Wang Pta Ltd M IMSIH Fli: IfM7| The Arts 16,19 Market Reviews 22 World News 9 Aircraft Schedule 27 Money Changer Rates 27 World Stock Markets 24 Commodities 26 Money Market 25 For market inttees, edrtonal, Cryptic Crossword199 words
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Advertisement193 1990-10-15 1 C. T. HOO 27 Ta*l> M. ftappiri 1124 Tat: 23M343 *****(3 #01-22 Taaghi flipl t CM T* 737*447 Changi to get 110 bor flights next month, Shipping Times Pg I; King Hussein and Iraqi minister discuss peace plan, Pg 9 Kuwait seeks compensation, Shipping Times Pg 1 T s <193 words
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HOME NEWS
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NEWS ROUNDUP
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Article55 1990-10-15 2 IN REPLY to a number of questions posed by the Consumers Association of Singapore (Case), Trans-Island Bus Services said that its fare revision was looked at as a total package taking into account the viability of Tibs's operation, and balancing between the most equitable and least55 words
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Article63 1990-10-15 2 THE SAF Reservists Association (Safra) has joined forces with NTUC Income to launch an insurance scheme with monthly premiums as low as $1.50 for every $10,000. The premiums do not vary with the age of the insured, and a medical check-up is not required. The scheme,63 words
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Article67 1990-10-15 2 DR AHMAD MATTAR, the Minister-in-Charge of Muslim Affairs, does not subscribe to the idea of forming another Mendaki. But since First Deputy Prime Minister Goh Chok iTong has proposed a private sector Mendaki, or Mendaki Swasta, the idea should be given a try. Dr Mattar was67 words
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638 1990-10-15 2 Anna Teo - BG Yeo on topics from half-tank rule to car quota system By Anna Teo PETROL TAX could be capped if oil price rises are temporary. But if oil prices are likely to stay high for a long time, it is better to make the adjustments638 words
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609 1990-10-15 2 Kenneth James - By Kenneth James MOST South-east Asian economies, including Singapore, will weather the effects of high oil prices better than they did in the two previous oil shocks even if fighting bleaks out in the Gulf, according to a recent analysis which609 words
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Article, Illustration234 1990-10-15 2 A TWO-DAY LAUNCH of an upmarket Docklands condominium project, in which the Mitsui group has a stake, has attracted $11.5 million worth of Singapore investments. The £90 million Panama Pacific, a riverside condominium development close to the £3.6 billion Canary Wharf, is making a234 words
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Page 2 Advertisements
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Advertisement154 1990-10-15 2 ft 0 0 9 0* "Take me away from all of this." 0"' To take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could154 words
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Advertisement115 1990-10-15 2 1 STITA 9ThToCTOBER 5 BB 9 British Companies will be in Singapore this week seeking trade and investment opportunities. Sectors covered include: Screen and filtration equipment |H H Compressor for industrial marine, navy and offshore H markets H Loose cut and polished gem diamonds (for jewellery) H and gem set115 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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235 1990-10-15 3 THE HONG LEONG group in Malaysia has teamed up with another developer for a Msloo-million condominium project in Petaling Jaya. PJ Condominium, a Hong Leong company, will develop the land owned by Tenaga Ehsan to build the Ehsan Ria condominiums. This is the first235 words
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428 1990-10-15 3 Magdalene Ng - By Magdalene Ng THE Stock Exchange of Singapore is likely to limit the number of seats available on its international membership list, first announced last Monday by Finance Minister Dr Richard Hu at a seminar in Tokyo. "Singapore is known never to do things428 words
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Article, Illustration491 1990-10-15 3 Bernama MALAYSIAN International Shipping Corporation Bhd, which expects to increase its fleet to more than 50 ships by year's end, will continue to increase the size and scope of its shipping operations to improve its competitive edge, its managing director Ariffin Alias said onBernama - 491 words
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650 1990-10-15 3 Alvin Tay - THE HOCK LOCK SIEW COLUMN By Alvin Tay WHEN MALAYSIA'S biggest commercial bank, Malayan Banking, recently forecast a fall in its profits for the year ending June 1991, it naturally sent some ripples across the country. The banking giant experts to650 words
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339 1990-10-15 3 Shoeb Kagda - By Shoeb Kagda SUMMA Investments (Summavest), which has several ongoing legal actions, has won a suit for M 53.36 million against a former associated company, and has been granted judgment for $1.27 million in another action. This was disclosed in Summavest's circular to shareholders339 words
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143 1990-10-15 3 MBT MALAYSIAN Resources Corp will make an extraordinary gain of M$ 13.31 million from its sale of 149 hectares of land in Kajang. After tax, this would be M 512.83 million, it was disclosed in a circular to shareholders relating to theMBT - 143 words
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COMPANY BRIEFS
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Article90 1990-10-15 3 BAN HIN LEE (BHL) Bank, based in Penang, has received approval from the Capital Issues Committee for the listing or*" its shares on the Kuala Lumpur Stock Exchange. In the 7 flotation exercise, the bank will issue 21.43 million new MSI shares priced at MS90 words
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Article77 1990-10-15 3 DUFF has returned to the black with a pre-tax profit of,, M 52.97 million for the year ended Aug 31, against a loss of„ MS 1.08 million last year. Turnover also improved to $36.07 v million. Duff said the better results were due to a creditable77 words
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Article52 1990-10-15 3 ARAB-Malaysian Development Bhd's wholly-owned subsidy iary, Zaklan, has agreed to subscribe for 2.09 million shares in Proexcel, or SI per cent of its enlarged capital, for Ms4' v million in cash. Proexcel has two 10-year logging concessionsin Papua New Guinea totalling 96,200 hectares, held through,:52 words
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321 1990-10-15 3 MBT TA SECURITIES is ready for a flotation on the Kuala Lumpur Stock Exchange with a launch of 30 million shares to the public on Nov 23. The broking firm, owned by TA Enterprise, will be the third such firm in MalaysiaMBT - 321 words
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Page 3 Advertisements
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Advertisement155 1990-10-15 3 fSrnH SSSSSSSB g Bein& 'discovered'by Menuhin was a hi&h point in my life. Being, hailed by Arthur Rubinstein as the "most wonderful" was the turning point in my career. Now, I perform on the concert stages of the world. And I ve reached the point of Delirium. CONCORD. WATCH I155 words
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REGIONAL COMPANY NEWS
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Article, Illustration508 1990-10-15 4 THE HONGKONG Stock Exchange plans to move to a full electronic system of screen trading of shares soon after the introduction of the 1 electronic clearing and settlement system in the final quarter of next year. But whether the traditional floor508 words
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305 1990-10-15 4 Asahi TOYOTA MOTOR Corp has established an import firm in Italy to import and sell Toyota cars from 1993, a company spokesman said last Friday. The move comes amid continued pressure from Italian carmakers for stricter quotas on Japanese car imports prior toAsahi - 305 words
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Article354 1990-10-15 4 Reuter MOST of Japan's consumer electronics giants will report record profits in the financial year ending March 31, 1991, despite the yen's recent rise and saturated markets at home, industry analysts say. Several of the companies, however, cannot count on the good times continuing, they add.Reuter - 354 words
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228 1990-10-15 4 AFP AUSTRALIAN media billionaire Kerry Packer was involved in a scuffle with a newspaper photographer just six days after a massive heart attack almost killed him, the cameraman's newspaper reported yesterday. He was allowed out of hospital on day leave on Saturday for the firstAFP - 228 words
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COMPANY BRIEFS
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97 1990-10-15 4 SUMITOMO Corp, Japan's biggest gold trader, has tied up with Nippon Mining Co Ltd and Tokuriki Honten Co Ltd, a gold bullion retailer, to establish a new brand of gold jewellery for the domestic market, a Sumitomo spokesman said. R-Cor-rection, to be introduced later97 words
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Article95 1990-10-15 4 SOUTH KOREA'S giant Hyundai Group signed a contract on Friday to take part in a joint venture to develop natural resources in the Soviet republic of Yakut, a Hyundai spokesman said. Hyundai's honorary chairman Chung Ju-yung, who spearheaded South Korea's drive to do business with the95 words
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Article102 1990-10-15 4 MITSUBISHI Motors Corp will lease one million square metres of land in the Lacm Chabang suburb of Bangkok, a Mitsubishi spokesman said. Industry sources expect Mitsubishi to build a car assembly plant on the land but the spokesman would not comment on what it would be102 words
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Article33 1990-10-15 4 JAPANESE steelmaker NKK Corp has set up a subsidiary in San Jose, California, to strengthen US sales of its Disc-Inn computer memory storage devices, a company spokesman said.33 words
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Page 4 Advertisements
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Advertisement437 1990-10-15 4 THE HIGHEST HONOURS ACCORDED TO BUSINESS ACHIEVERS \ingaporo excess Business Times hhhmmhhhmhhhl In 1985, Business Times, a business daily published by Singapore Press Holdings, and the leading air express company, DHL Worldwide Express, came together to organize an award scheme to honour Singapore's most successful businessman. In the years before,437 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration575 1990-10-15 5 Reuter POLLY PECK chairman Asil Nadir has secured credits from several Turkish banks during a visit to Istanbul ahead of a vital London creditors meeting, bankers said. > "We have agreed in principle to extend short term Credits of up to one yearReuter - 575 words
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Article, Illustration296 1990-10-15 5 Reuter MICHAEL MILKEN, in his first court hearing on charges he engaged in securities fraud to become the "king" of junk bonds, has been accused of enlisting others to engage in illegal schemes and stock manipulation. Milken, who avoided a full-blown trialReuter - 296 words
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Article232 1990-10-15 5 Reuter BALLY Manufacturing Corp's directors have decided to conduct a complete review of the casino and health club company's financial condition and operations with a view towards restructuring its balance sheet. In connection with this, its board has voted to suspend its quarterly common stock dividendReuter - 232 words
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335 1990-10-15 5 Reuter MCA INC and Matsushita Electric Industrial Co, in talks on a proposed business combination, have signed a confidentiality agreement allowing MCA to provide Matsushita with detailed financial information, according to sources familiar with the talks. MCA shares, which had drifted belowReuter - 335 words
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COMPANY BRIEFS
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99 1990-10-15 5 THE PRESIDENT of Bayer USA Inc, the US management holding company of Bayer AG, said the economic slowdown in the United States forced the company to postpone 10-20 per cent of its expansion plans for 1991. "The recessionary trend has led us to stretch expansion99 words
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Article87 1990-10-15 5 FRENCH household appliance maker Moulinex said it still expected to turn in a profit in 1990 similar to the 180 million francs net it earned in 1989, despite a poor first half. Moulinex made the forecast when reporting an attributable net k» of 25 million francs in the87 words
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Article71 1990-10-15 5 MATTEL INC chairman John Amerman said the company expects its earnings for the third quarter ended Sep 29 to rise at least 18 per cent to about US$44.B million or 88 cents share. Mr Amerman said the increase reflects the strength of Mattel's core71 words
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Article60 1990-10-15 5 Health and Safety Executive said five companies forming Translink Join* Venture (TJV), the UK half of the Anglo-French consortium Transmarche Link building thd Channel Tunnel, are to be prosecuted for a breach of health and safety regulations. The prosecutions stem from HS£ investigations into the death of60 words
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Page 5 Advertisements
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Advertisement312 1990-10-15 5 r (Mis i I MACTECH INDUSTRIAL BUILDING I I PLANNED TO MEET YOUR OPERATING NEEDS I II I I I |t r J Bg I 11*9 I I S I»B I I I I II °yi Ipi 1 11 111 j I II ■Mb *11 I I i i I312 words
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FINANCIAL NEWS
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SMALL CHANGE
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102 1990-10-15 6 DUTCH COOPERATIVE BANK Rabobank Nederland BA sees an opportunity for it to gain a bigger share of the corporate banking market since the merger in August of its largest competitors, a bank official said in Utrecht, the Netherlands, last week. Rabobank is now102 words
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Article43 1990-10-15 6 COMMERCIAL and industrial loans on the books of US commercial banks, excluding acceptances, rose US$2.O5 billion to U*****.29 billion in the week ended Oct 3, the Federal Reserve Board said. Including acceptances, loans rose US$2.Ol billion to US$3lB.BB billion.43 words
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Article108 1990-10-15 6 UK PACKAGING FIRM Wentworth International Group pic said as a result of its rights issue of 93.31 million new shares, underwriter Banque Indosuez Belgique SA now had a 43.9 per cent stake in the company. Wentworth said after talks with the UK Panel on Takeovers108 words
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Article91 1990-10-15 6 AUSTRALIAN industrial conglomerate Pacific Dunlop Ltd is seeking a US$l5O million, fivQ-year revolving credit, JP Morgan said as arranger in London last Friday. The transaction, being offered on a relationship basis, is available as Euronotes, transferable loan certificates (TLCs) or swing-line advances. The underwritten rate on91 words
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265 1990-10-15 6 Reuter GERMANY'S three major banks jointly lost at least 350 million marks in the first eight months this year on trade on the German options market, the German daily Sueddeutsche Zeitung said, citing what it called a usually well-informed source. One bankReuter - 265 words
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Article381 1990-10-15 6 Reuter CREDIT CARD BUSINESS is suffering from a slowdown in regional economies, said executives at Citicorp and Chase Manhattan Bank NA, America's top card issuers. "We are seeing a modest up-ticlc in delinquencies," said Willard Butcher, chairman of Chase Manhattan Corp's lead bank. "In areasReuter - 381 words
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266 1990-10-15 6 Reuter SOME 20 business groups are applying to set up the first new completely private banks in Taiwan in four decades following government moves to liberalise the banking industry. 'This is a significant step in our efforts to liberalise our banking industry,"Reuter - 266 words
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Article, Illustration433 1990-10-15 6 Reuter AUSTRALIA, disillusioned with the excesses of its flamboyant entrepreneurs during the 1980s, aims to impose a stricter code of conduct on the financial and corporate worlds. Last Thursday, the government said it would raise by five times the fines imposed for insider trading,Reuter - 433 words
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Page 6 Advertisements
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Advertisement417 1990-10-15 6 M 1 J*. r:vJ UiiirBcedentBd ctartty. flmaziny perfurmance vly,^UTER SUiL*"*" J SHAftpp-' Mf PC-6220 W Get a free leather carrying case worth $250 while stocks last. The lightest, smallest, full featured notebook computer. Only 2 kg in weight, and 34 mm thin. But it packs all the performance of a417 words
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Page 6 Miscellaneous
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THE REGION
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Article, Illustration512 1990-10-15 7 AFP THAI Prime Minister Chatichai Choonhavan will leave tomorrow for an official visit to Britain at the invitation of his counteipart Margaret Thatcher while troubles brew at home. Squabbling between key ministers in Mr Chatichai's shaky coalition government, nofcbly over aAFP - 512 words
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367 1990-10-15 7 AFP THE Sri Lankan Parliament has passed an amendment to the Banking Act that would allow foreigners and non-resi-dent Sri Lankans to open secret bank accounts in the country. Officials said on Saturday that the legislation would enable non-nationals and nonresidentAFP - 367 words
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Article229 1990-10-15 7 AFP THE Thai government is predicting 10 per cent growth for the booming export-oriented economy this year, Radio Thailand said on Saturday quoting an official report The report said the Thai economy was expected to continue to grow at a high rate due toAFP - 229 words
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194 1990-10-15 7 AFP THE PHILIPPINES' economy may grow by only 0.1 per cent this year and may even decline by 0.4 per cent in 1991, the country's leading newspaper reported in Manila on Saturday, quoting government estimates. The Manila Bulletin, quoting sources inAFP - 194 words
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197 1990-10-15 7 MYANMAR junta rulers recently decided to allow nongovernmental organisations (NGOs) to carry out two United Nations-financed development projects in Myanmar, the first time that private organisations have been allowed to operate in that country, The Nation reported last week. The junta, the ruling197 words
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NOTE BOOK
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Article96 1990-10-15 7 NEW ZEALAND Prime Minister Mike Moore said last Satur- day that he would seek a new deal with businesses aimed at creating 40,000 more jobs during 1991. Mr Moore said in a statement that his proposal would be the second step in the "growth96 words
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63 1990-10-15 7 INDONESIA has lifted restrictions on cement imports, imposed over the years, to cope with domestic shortage of the commodity. The finance ministry said last Saturday that the measure, effective last Wednesday, was expected to stimulate imports to increase supply of cement on the domestic market. Cement63 words
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Article86 1990-10-15 7 THE Asian Development Bank (ADB) has approved a total J of US$l.O9 million in technical assistance grants to Laos, Bangladesh and five other countries, the ADB said in J Manila last Saturday. The biggest grant of U*****,000 will n go to help Laos in its86 words
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Article90 1990-10-15 7 THE US SENATE has passed a US$2O million package of J humanitarian aid to Cambodia in a move that appeared to replace US covert aid to two non-communist rebel groups J battling the Vietnam-backed Phnom Penh government. Senator David Boren, the Oklahoma Democrat who90 words
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Article64 1990-10-15 7 A DELEGATION from the National People's Congress (NPQ, China's Parliament, left Beijing last Friday for Bangkok to attend the Asian Forum of Parliamentarians on Population and Development, the New China News Agency said. The delegation was led by Liao Hansheng, vice-presi-dent of the NPC standing committee64 words
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Page 7 Advertisements
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Advertisement101 1990-10-15 7 THE NEW GBCRMION OKI PLAIN PAPER FAX. The revolutionary, new generation Savings on operation cost and OKI Rain Paper Fax overcomes your time. fading thermal fax problems. Pius many other features. I Non-fade, permanent faxes on Call our fax-experts now for no-risk, plain, ordinary paper sheets no-obligation advice on how101 words
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Advertisement114 1990-10-15 7 ■IP jk r«. ■—ap rr •■■> mu N N \F .mi' :w" >- >»- ."^r--9 Barclays was in existence before the first British banknote was even printed. So it may not surprise you to learn that, as the bank has grown, so has its treasury service. Today, Barclays Global Treasury114 words
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THE WORLD 1
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485 1990-10-15 8 Reuter TOP TRADE officials of the Big Four trading partners ended two days of talks in Newfoundland, Canada, last Saturday, saying they made limited progress on negotiations to reform world trade but remain far apart in key areas. Trade officials from the US,Reuter - 485 words
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Article, Illustration337 1990-10-15 8 The Gulf Crisis NYT KING HUSSEIN of Jordan conferred last Saturday with Iraq's Foreign Minister about the continuing diplomatic effort by some Arab states to persuade Iraqi President Sad- dam Hussein to withdraw peacefully from Kuwait. Jordanian officials in Amman said thatNYT - 337 words
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151 1990-10-15 8 AFP LIEUTENANT GENERAL Peter de la Billiere, commander of British troops in the Gulf, has said that Iraqi President Saddam Hussein faces certain defeat if he attacks the multinational force assembled in Saudi Arabia. "We're ready to deal with whatever situation Saddam HusseinAFP - 151 words
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319 1990-10-15 8 Reuter THE SHANGHAI CENTRE, the most expensive foreign investment in China's largest city and variously described as a beacon to attract big business and a monument to shattered aspirations, was formally opened over the weekend. The US$l95 million joint venture is touted as a "cityReuter - 319 words
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WORLD WATCH
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85 1990-10-15 9 THE CURRENT ROUND of world trade talks may be too ambitious and the negotiators may have to settle for a less-than-encompassing accord, says the European Community's top trade official. Speaking at trade talks among the world's big four trading entities the US, Canada,85 words
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Article121 1990-10-15 9 EUROPEAN COMMUNITY farm ministers face a "mission impossible" cutting farm subsidies to satisfy trade partners without sparking a revolt in the countryside. The exercise, to get underway in Luxembourg tomorrow, is demanded by multilateral trade negotiations under the auspices of the General Agreement on Tariffs121 words
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Article127 1990-10-15 9 CHINA has become the world's eighth largest economic power with a gross national product (GNP) last year of U*****.5 billion, the China Daily said yesterday. In an article on the advances made during "40 years of socialist construction", the English-language newspaper quoted a State Statistics Bureau127 words
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Article57 1990-10-15 9 BRAZIL'S novel proposals on how to repay close to US$6O billion in debt to foreign banks including a lottery to see who gets paid first are meeting with outright rejection from creditors. "The Brazilians made their first offer and it was way off the scale," said57 words
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Article104 1990-10-15 9 JAPANESE wage earners employed by private industry last year received record high wages, but also paid more taxes, according to a survey by Japan's National Tax Administration Agency. The average employee last year received 4,024,000 yen (U5530,954), including monthly salaries, fringe benefits and bonuses, up104 words
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603 1990-10-15 9 Tokyo under pressure from internal and external economic forces AFP INTERNAL and external economic forces are conspiring to push down net capital outflow from Japan, say officials and economists in Tokyo. The point especially to plunges on the Tokyo stock market, Japan's shrinking budget surplus,AFP - 603 words
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507 1990-10-15 9 AFF JAPANESE industrialists are interested in the emergent markets of Eastern Europe but do not want to commit themselves without investment guarantees and before the introduction of market economies there, say Eastern Europe experts in Vienna. "We need a clear legislative frameworkAFF - 507 words
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184 1990-10-15 9 AFP FRENCH direct foreign investments have tripled since 1986, to reach 115.2 billion French francs (now about US$22 billion) last year, according to a study by France's Finance Ministry released last week. While such direct foreign investment was on the order of 20 billionAFP - 184 words
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Article, Illustration267 1990-10-15 9 Reuter THE ROUBLE is losing its purchasing power and is in danger of being replaced by the US dollar if stabilising measures are not enacted, Soviet economist Stanislav Shatalin has warned. "Stabilisation of the rouble as a national currency is a veryReuter - 267 words
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221 1990-10-15 9 AFP LATIN AMERICAN officials emerged last Saturday from a Group of Eight (G-8) summit in Caracas, Venezuela, demonstrating a sense of unity which they said they hoped would propel the region into a world trade power. The "new union" of the Rio Group whichAFP - 221 words
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Page 8 Advertisements
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Advertisement154 1990-10-15 8 S > Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to cJapanst JAPAN STEEL JOURNAL, the one and only English -daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows154 words
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Advertisement114 1990-10-15 8 Were Committed To Giving You Faster Cargo Service To More Of America. With a growing network of 11 cargo drop ccntres and A on-line depots across the U.S. and Canada, Korean Air covers more of North America than any other Asian airline. Your cargo is processed faster courtesy of more114 words
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Page 9 Advertisements
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Advertisement122 1990-10-15 9 THE MARK OF A TRUE HOLIDAY Whenever you fly Aeroflot, you get the unique opportunity of a bonus stop-over holiday at Moscow. From the heart of Asia to 130 cities in 100 countries, Aeroflot brings you the distinct flavour of Art, Culture Scenic Wonders. Youll enjoy picturesque Alpine landscapes, masterpieces122 words
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Advertisement22 1990-10-15 9 RENAULT SELL FOR LESS Find Out \burself In Our Showroom SORRY NO TELEPHONE INQUIRY ms-X.mtLm m 24 LENG KEE ROAD SINGAPORE 0315.22 words
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ANALYSIS
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Article, Illustration1708 1990-10-15 10 Yong Pow Ang - After a pause of about a year, Singapore businessmen are once again making their way to China. Yong Pow Ang finds out why Yong Pow Ang SINGAPORE businessmen, whose confidence in China was battered by the Tiananmen incident on June 4 last year, are gingerly knocking on1,708 words
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739 1990-10-15 10 David Chew - Issues other than those of religion, race and wealth are going to be aired in this Malaysian election, says David Chew David Chew THE ISSUES in every campaign since independent Malaysia's (then Malaya's) first general elections were held in 1959 have always739 words
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Page 10 Advertisements
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Advertisement84 1990-10-15 10 ChtoOcrfcst... Novotel Orchid Singapore presents the most major German event since the unification. Executive Chef, Henry John, will dish out a range of heartwarming Bavarian specialities at our Tropics Coffee Garden from 12-20 October We promise more than just Sauerkraut, Wurst, Schnitzels, Strudel and Bretzel! It's no wonder our festivities84 words
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Page 10 Miscellaneous
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Miscellaneous43 1990-10-15 10 DOONESBURY BY GARRY TRUDEAU I SBHSdA MR. 1 (ON HIS O/BRI2JOOO MUSS AWAY, RffV POP LON&N6 f oeef<». SUN! m KJAYTD BUT I CAN FBSL7HBIR VIBRA- ml IN 7H&R PRSAMS, I ffeER., RFPP I JIONS AS STRON6U/AS if way W J f\ MIKB-ACOUBC-43 words
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Page 11 Advertisements
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Advertisement168 1990-10-15 11 QosingThe Gap Between What Business Needs And What Mormation Systems Can Deliver. A Unprecedented changes in markets, com- handle rapid change. In feet, the gap and software. So you can add applications petition, regulations, and technology are between what business needs and what and functionality quickly. changing the way business168 words
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ENTERPRISE & MANAGEMENT 1
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897 1990-10-15 12 Lithonia Lighting is a theorist's dream company. But does that make it a keener competitor? The Economist GURUS love to talk of the firm of the future: networked, decentralised and customer-driven, its organisational structure flattened and inverted. Lithonia Lighting, a little-knownThe Economist - 897 words
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Article, Illustration623 1990-10-15 12 Deborah Jacobs - Japanese managers are finding it hard to cope with the American mentality in the work place, reports Deborah Jacobs Deborah Jacobs NYT JOHN ARTISE's frequent tip to Japanese managers "Don't ask a job applicant personal questions" is often greeted with surprise. Without information on employees' religion,NYT - 623 words
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Article407 1990-10-15 13 Seminars and courses Duration Title Venoe Organiser I el Oct II, 18 Professional Salesmanship Caimhill Hotel Dynamic Life *****22 25 Ocj |5, 22 Business Caimhill Dynamic Life *****22 Si 29 Development Skills Hotel Oct 16 Introduction to Singapore Singapore Nov 22 Use of Control Institute of Institute of ext407 words
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Article, Illustration1202 1990-10-15 13 Ian Rodger - Japanese giant Toyota is taking a fresh look at its famous JIT production system. Lan Rodger finds out why Ian Rodger FT FEW management innovations after World War II have been as widely admired and imitated as Toyota Motor's just-in-time (JIT) production system. Developed originally in theFT - 1,202 words
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Page 12 Advertisements
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Advertisement104 1990-10-15 12 i Hewlett-Packard's customer support... as committed as Baird's devotion to improving TV. J mm** Customer eS6 excelled in, after he invented mm television in 1926. He worked untiringly on his W mM company's sets to perfect them from the 30 hne^j^sUf^*^ V. /wi I is an ambition to (2 ftp*.104 words
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Page 13 Advertisements
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Advertisement89 1990-10-15 13 Management Consultancy SI/ I I I T r 1/ Seminars And Training ■Kill I Business Assistance ll I L L I L It Manpower Recruitment CONSUL! ANTS Business Centre Direct Mailing FREE LUGGAGE INSPECTION I TEL: 733-0037 i For A Trouble-Free Trip Have Your Bags Checked Before You Travel. We89 words
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Advertisement80 1990-10-15 13 f£ To satisfy todays fast paced executive, the Compass Rose introduces the fastest fine lunch in f Imaginative daily set menus r created with care and flair, taking only minutes to serve so that you can get back to business with jifc to spare. The finest cuisine, fast service N|pi80 words
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SPORTS
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SIDE LINES
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100 1990-10-15 14 ARGENTINE Gabriela Sabatini set up another tennis final clash with Steffi Graf after coming from behind to beat Czechoslovak Jana Novotna in the semifinal of the European indoor tennis championship in Zurich last Saturday. Sabatini, in her first tournament since beating world100 words
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Article62 1990-10-15 14 THE ENGLISH FOOTBALL LEAGUE is set to launch a bid to stage the 1998 World Cup finals, the Sunday Times of London reported yesterday. Officials believe Fifa would look favourably on England, which hosted the finals in 1966. The English Football Association, which will62 words
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Article91 1990-10-15 14 FORMER PGA champion Bob Tway shot a seven-under-par 65 last Saturday to grab a three-stroke lead going into the final round of the US$l.3 million Las Vegas Invitational golf tournament in Nevada. Tway's scintillating 31 over the back nine helped him overtake third-round leader91 words
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Article80 1990-10-15 14 CENTRE Patrick Ewing scored 23 points and grabbed 13 rebounds last Saturday to lead the New York Knicks to the McDonald's Open championship with a 117-101 victory over POP 84 Split of Yugoslavia, the European champion, in Barcelona. The victory reasserted the US National Basketball80 words
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421 1990-10-15 14 AFP THE JAPANESE team failed to do its homework at St Andrews last Saturday and so bowed out of the Dunhill Cup after the most exciting semi-final in the competition's six-year history. When Hajime Meshiai halved his match with England captain Mark JamesAFP - 421 words
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Article, Illustration342 1990-10-15 14 Paul Ramani - By Paul Ramani CABINET ministers took a break from affairs of state last Friday to join a field of 144 golfers who took part in this year's Deepavali Charity Golf Classic at the Tanah Merah Country Club Tampines Course. The Classic,342 words
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Article, Illustration394 1990-10-15 14 Agencies TOP-SEEDED Jansher Khan of Pakistan showed his resilience by beating second seed Chris Robertson of Australia in a four-game match last Saturday in the final of the US Open squash championship in Houston, Texas. Jansher, who battled back to winAgencies - 394 words
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Page 14 Advertisements
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Advertisement50 1990-10-15 14 Hop around Asia with Qantas. HONG KONG I From 29 Oct hop between three of Asia's most exciting cities. And enjoy an in-flight service that brings together the best of East and West. For further details call Qantas on 737 3744 or your travel agent. The Spirit of Australia. 150 words
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Page 15 Advertisements
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Advertisement390 1990-10-15 15 Allow your secretary more time to do the books. It's the same old story. A first-rate secretary, forced to churn the bulkiest mailing. Frame Edit and Automatic Column Layout, will out a first-rate job, on a second-rate typewriter. r make her tables and charts as easy as pie simply enter390 words
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THE ARTS 1
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Article, Illustration538 1990-10-15 16 Lisa Lee - 1 The Bolshoi Ballet lives up to its name on opening night, reports Lisa Lee Lisa Lee OPENING night for the Bolshoi Ballet's short four-day stint in Singapore turned out to be a sellout in more ways than one. The Kallang Theatre was completely packed538 words
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404 1990-10-15 16 NYT YURI Grigorovich, the artistic director of the Bolshoi Ballet of Moscow, announced last Thursday that he had formed a new touring company, named Bolshoi Ballet Grigorovich Co, which is to make its debut next month. The group, of 60 young dancers, is theNYT - 404 words
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Article, Illustration678 1990-10-15 16 Anna Kisselgoff - Mark Morris is taking the Russian master in a new direction. Anna Kisselgoff reports. Anna Kisselgoff NYT THE NEWS from Paris is that Mikhail Baryshnikov has asked to dance in "Giselle" with the Paris Opera Ballet. The news from Brooklyn two Sundays ago, whenNYT - 678 words
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Article, Illustration920 1990-10-15 19 Herbert Mitgang - Octavio Paz talks about politics and what makes a poet a poet. Herbert Mitgang reports Herbert Mitgang NYT ON THE morning he received word of his Nobel Prize in Literature, Octavio Paz spoke in Spanish, French and English to a group of hastily assembledNYT - 920 words
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530 1990-10-15 19 P Y Van - P Y Van reviews the SSO performing under the baton of Naohiro Totsuka P Y Van THE EPSON Concerts last weekend saw the Singapore Symphony Orchestra playing under the baton of the young Japanese conductor Naohiro Totsuka. The programme included Rodrigo's Fantasia530 words
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Article, Illustration732 1990-10-15 19 Richard Dyer - Regarded as one of the two leading conductors in the world, Leonard Bernstein has a protean musical career. Richard Dyer reports Richard Dyer LEONARD Bernstein, 72, has ended one of the century's great conducting careers. Acting on the advice of his physician, he has cancelled all his732 words
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Page 16 Advertisements
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Advertisement91 1990-10-15 16 a^/^| Restaurant The secret behind our piquant Teochew cuisine. Some call it unique. Others call it bizarre. Food connoisseurs however, call it the best of both worlds. After all, ZEN is the only top-class Thai-Teochew restaurant in Singapore. And with authentic Thai-Chinese chefs to go along too! Which explains why91 words
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Advertisement131 1990-10-15 16 BEWARE! Forgeries of cheques ana valuable documents such as your personal or con r my cheques, cash vouchers invcices. share certificates, title deeds, bonds etc arc vr r. common incidents imagine what could happen If your own signature has been forged on your stolen blank cheque. The end result Now131 words
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Page 17 Advertisements
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Advertisement1734 1990-10-15 17 Business t i m e s TELEPHONE: 730-593 7/5902/5942 FAX: 734 4982 Sea EE Land I The largest American flag container shipping compmy «nd innovator of containeiizaiion is looking for dedicated and motivated individuals to fill the following newly created Information Resources positions in the regional office. H Hie Job:1,734 words
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Page 18 Advertisements
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Advertisement1331 1990-10-15 18 mum TH WIMt DINt »HD ENTERTAIN WHEKE TO WINE. DIME AND EHTEHTAIH WHERE TO WINE, DIME ——mm i PLUM'S llllllllilllll DEEPAVALI DELIGHTS Spicy Indian Buffet October 12-28,1990 Lunch 12 noon 2.30 pm Dinner: 7pm 10.30 pm A quartet of chefs, have been flown in from Hyatt Regency Delhi, to prepare1,331 words
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Page 18 Miscellaneous
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Miscellaneous679 1990-10-15 18 TELEVISION AND RADIO ar v. 7.30 News (M). on Mexican residents (ep 2). pi tciiiccc AM RADIO SBCI2 7.50 Tlajaaaa (M) SJO HalkHegaa's Rock ft Rol BUWWMavi"" Justicc on the Sc£is uSnsl *^sSsis i U Royal Ragetta. This pro- of Nowhere While woriung 6.45 VW Sud. RADIO 5,92.4 wHz hi679 words
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Page 19 Advertisements
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Advertisement286 1990-10-15 19 AND ENTERTAIN American Classics. Only At The Hubertus Grill. V $||AMERICAN MEAT PROMOTION ■L SEPTEMBER TO ISOC.TOBER IWO DINNER 7 PM TO 1030 PM FEATURING AN AIA CARTE MENU JvJH ALSO. STERLING SET DINNER FOR FOR RESERVATIONS. PI-EASE f x ■fJI am. prices subjeittd 10% fKm servk e charge and286 words
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Advertisement133 1990-10-15 19 I J $838 Menu for 10. 11 Free quart Martell Cordon Bleu. i 11 J (Only 5 tables nightly. Advance orders required.) j j r jl3 $428 Menu for 10. 'I'll 1 i ii Free quart bottle Chlvas Regal or Martell VSOP. ijiji W $388 Menu for 8. W [•/J133 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4587 1990-10-15 20 William Chia - By William Chia THE Singapore stock market is expected to stage a mild rally this week as technical indicators signal the return of some bargain hunting. In fact, bargain hunters had already emerged last Friday, pushing the Straits Times Industrial Index4,587 words
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Article3922 1990-10-15 21 Main Board Soore Fodder 193 +64 49.6% FELSJfr 560 30 5.7% +25 3 1% BAT 22* 346 +14 4.2% Spore Bus 500 458 +12 2.7% Sunshine Allied 450 +12 2.7% X" IS S Finance 145 +9 6.6% Hotel Prop 136 +9 7.1% NOL pSTlO* *983,922 words
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MARKET REVIEWS
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Article722 1990-10-15 22 Dow index plunges more than 150 points in three days FT WHAT MAKES your hair stand more on end: a bully in Baghdad or a wimp in the White House? That was the question facing Wall Street last week as market sentiment took a anotherFT - 722 words
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Article, Illustration1364 1990-10-15 22 DBS Securities SHARE PRICES on the Hongkong stock market closed 2.3 per cent higher after a week in which bulls and bears took their turn in the market place. The Hang Seng Index rose 64.81 points to close at 2,915.26 on Friday.DBS Securities - 1,364 words
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516 1990-10-15 22 TOKYO AFP SHARE PRICES fell back from the previous week's hefty advance last week in erratic, directionless trading. The Nikkei Stock Average of 225 selected issues closed out the holiday-shortened, four-session week on Friday at 22,390.16 yen for a 437.49-yen or 1.9 per centAFP - 516 words
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898 1990-10-15 22 Ray Heath - ERM UK's Election Resuscitation Machine? LONDON By Ray Heath E IS FOR euphoria, R is for rate (of interest) and M is for mark (Deutsche). And what that combination added up to last week was a quick boomlet followed by a steady downward spiral in share prices. Once gain, the898 words
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ASIAN MARKETS ROUNDUP
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Article180 1990-10-15 22 FALLS on overseas stock exchanges inspired by the Gulf crisis pushed the Australian share market down to a new 31-month low last Friday. The main market indicator, the All Ordinaries Index, slipped 30.7 points or 2.3 per cent to 1,326.1, its lowest level since March 11, 1988. The All180 words
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Article133 1990-10-15 22 FRESH Gulf crisis jitters gripped the Taipei bourse during the past shortened trading week, along with sluggish business activity and growing inflationary pressure in Taiwan. Wiping out the previous week's 2.45 per cent surge, the 216-issue weighted price index surrendered 150.74 points, or 5.4 per cent, to finish the133 words
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Article74 1990-10-15 22 SOUTH KOREA'S stock market ended the week higher amid signs of active buying by many big investors who believe that share prices have hit the bottom and will stage a rebound after 1-1/2 years of downturn. The broad-based Composite Price Index rose from 616.5 points to close on Saturday's74 words
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Article144 1990-10-15 22 PRICES on the Jakarta Stock Exchange (JSE) fell again last week on weak trading in an oversupplied market. The JSE index fell for the sixth week running, by 5 per cent to 425.397 on Friday from 450.058 at the previous week's closing. The Jardine Fleming Nusantara index fell to144 words
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Article79 1990-10-15 22 AFP THE Securities Exchange of Thailand (SET) index fell 30.61 points, or 4.51 per cent, in the week just ended. The index closed on Friday at 642.37, down from 672.98 a week earlier, despite a brief climb to 682.19 points on Tuesday. Analysts attributed the fragile index's drop toAFP - 79 words
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Page 22 Advertisements
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Advertisement104 1990-10-15 22 RENAULT NEWS Renault Singapore is organising an advanced Driving Course Cum Weekend Breakaway* exclusively for Renault owners and their families. The event will begin at Pasir Gudang on 10th November for the driving programme, after which participants and their families will retreat to Desaru for the rest of weekend. The104 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3987 1990-10-15 23 MBT CAUTION was the watchword at the Kuala Lumpur stock market last week as neither bulls nor bears were willing to take the offensive, leading share prices to close mixed. Three of the five sessions saw mixed trading while prices rose on one otherMBT - 3,987 words
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Page 23 Advertisements
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Advertisement131 1990-10-15 23 Dcxibu Value Bonanza ssi,ooo=ssi,ooox Ssl,ooo 552,000 An Attractive offer NOT TO BE MISSED From 13 th OCT. 31 st OCT. Regardless whatever amount you purchase from we shall give you double value for your money. Just imagine purchasing Ssl,ooo worth of merchandise from us, you get to select another Ssl,ooo131 words
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WORLD STOCK MARKETS
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Dow up 33 points after roller-coaster ride
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Article, Illustration1368 1990-10-15 24 AFTER three days of pounding that pushed the Wall Street market to its lowest level in almost a year and a half, stock prices rose on Friday after upbeat Middle East news and rumours. In one of the most volatile days in a long time, the Dow Jones1,368 words
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Article, Illustration771 1990-10-15 24 LONDON share prices closed lower on Friday after fluctuating narrowly in thin trading. The session lacked direction, dealers said. The day's price fluctuations were the result of technical factors, they said. Not even disappointing inflation figures released earlier in the day caused movement in the market, traders said. Britain's771 words
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Article166 1990-10-15 24 GERMAN share prices surged in active trading on Friday on the back of a flood of domestic and UK investor buying, pushing the 30-share DAX Index up 31.32 points, or 2.2 per cent, to a finish at 1,459.70. Signs that tension in the Middle East was easing boosted the166 words
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Article271 1990-10-15 24 SWISS shares closed steady to slightly firmer in moderately active trading on Friday after prices edged back from a firmer opening. Overall volume was low. Shares opened higher, following the firmer trend in Frankfurt and ignoring the lower close in Tokyo and overnight losses in New York. At the271 words
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Article251 1990-10-15 24 DUTCH shares ended a day of thin trading mostly firmer in the wake of Friday's surge on the Frankfurt bourse and a steady early Wall Street. Traders also said the Amsterdam bourse was taking a pause after recent slides on worries about the Gulf crisis with the situation there251 words
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Article145 1990-10-15 24 FRENCH share prices on Friday ended near their day's highs on late bargainhunting prompted by late-morning gains on Wall Street and firmer prices in the domestic bond market. A flurry of buying sent prices rocketing 15 minutes ahead of the close amid unsubstantiated rumours of an easing of tensions145 words
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Article108 1990-10-15 24 PRICES on the Stockholm bourse fell back from early gains and closed lower in slack and insecure trade on Friday. The bourse General Index closed 0.21 per cent lower at 965.20 in turnover of 190 million crowns. Blue chips lost 0.66 per cent on average. Dealers said prices fell108 words
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Article134 1990-10-15 24 BELGIAN stocks closed mixed in hesi- tant trading despite a rise on the German market and opening gains on Wall Street. The Brussels market indexes barely moved. The forward market index edged up 0.7 point to 5,016.43 and the cash market index edged down 0.91 point to 5,080.01. Volume134 words
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Article244 1990-10-15 24 TORONTO stocks closed down in slow trade on the Gulf crisis and confusion over the US budget. Toronto tried but failed to follow a New York rally in late morning trade on rumours Iraqi President Saddam Hussein was looking for ways to pull out of Kuwait. The Composite Index244 words
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Article346 1990-10-15 24 LEADING gold shares in Johannesburg closed steadier on Friday after Thun-,7 day's steep falls. But dealers said gains were modest and unconvincing amid >, depressed precious metals markets. Trading was subdued and volumes light in a nervous market ahead of the weekend, they said. Heavyweight gold share Vaal Reefs346 words
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Article207 1990-10-15 24 INDICES TURNOVER NEW YORK CIOM Pw*iwB Oct 12 Dow Jones NYSE Financial SAP 500 Turnover (million) 2,398.02 2,365.10 +32.92 106.39 104.65 +1.74 300.03 295.46 +4.57 187.9 180.06 +7.84 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,622.0 1,618.90 2,100 4 2.102.20 374.8 361.3 +3.1 -1.8 13.5 AMSTERDAM CBS General NA207 words
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Page 24 Advertisements
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CURRENCY, MONEY & FUTURES MARKETS
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451 1990-10-15 25 Reuter THE DOLLAR'S slumping value will play only a small role in the Federal Reserve's decision of whether to ease monetary policy, economists said last week in New York. However, some warned that if the Fed ignores the dollar's descent andReuter - 451 words
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576 1990-10-15 25 ASIftN CURRENCIES AFP THE WEAKENING US economy and uncertainty in the Gulf helped boost most Asian currencies against the dollar, with the yen leading the way, dealers said in Hongkong. The Malaysian, New Zealand, Singaporean, Thai and Hongkong units also rose during theAFP - 576 words
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Article392 1990-10-15 25 Cross rates >3 USS SS MS Dm Yen SFr AS NZ$ USS 1.7270 2.6970 1.5245 129.10 0.5083 1.2860 1.2232 1.6247 SS 0.5790 1.5617 0.8827 0.7475 0.2943 0.7446 0.7083 0.9408 MS 0.3708 64.03 0.5653 0.4787 0.1885 0.4768 0.4536 0.6024 Dm 0.6560 1.1328 1.7691 84.68 0.3334 0.8436 0.8024 1.0657392 words
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Article550 1990-10-15 25 Interbank rates S$ Bid Offer Overnight 6 3/8 6 1/2 1-montn 6 1/2 6 5/8 2-month 6 1/2 6 3/8 3-month 6 1/2 6 5/8 Overnight mode: 6-1/2 USS High Low 7 days 8 1/4 8 1/16 1 month 8 3/16 8 1/8 2 months 8 3/16 8550 words
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245 1990-10-15 25 Reuter FOREIGN investors, convinced German interest rates are going to rise even further, are still keeping away from the German bond market. Although fixed interest securities prices held virtually unchanged over last week, with bonds reacting little to continued tension in the Gulf and gyratingReuter - 245 words
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Article, Illustration485 1990-10-15 25 Reuter BRITAIN'S Chancellor of the Exchequer John Major may announce plans to issue European currency unit (ECU) denominated government bonds in his annual Mansion House speech on Thursday, analysts said last week in London. "I don't think he will announce an imminentReuter - 485 words
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487 1990-10-15 25 GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion SPOT GOLD started the week at U*****.50/392.00 and surged to the week's high of U*****.90/398.40 on Tuesday following Saddam Hussein's threats against Israel and President George Bush's warning that his patience was wearing thin. However, the metal'sSin Huat Bullion - 487 words
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Article285 1990-10-15 25 IMM oct 11 PCUTSCHCMAIW Open High Low Sett Vol Op/lnt Dec 90 0.6519 0.6611 0.6505 0.6604 ***** ***** Mar 91 0.6510 0.6603 0.6496 0.6594 EUKOOOilAK Open High Low Sett Vol Op/lnt Dec 90 91.94 91.98 91.94 91.95 *****4 *****4 Mar 91 92.06 92.11 92 06 92.08 IAMMCSC YEN285 words
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Article504 1990-10-15 25 umb ABN Bank 8* Allied Irish Bank PLC 8* American Express Bank 8^ Am'Dam Rterdam Bank 8VJ Arab Banking Corp 8Vi 7% Arab Bank PLC Asia Commercial Bank 7Vi ANZ Banking Group 8V« 8* Ban Hin Lee Bank Banca Commerciale 8Vi Banco do Brasil 8V« Bangkok Bank504 words
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Page 25 Advertisements
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Advertisement9 1990-10-15 25 The Telerate forex market report was not available yesterday9 words
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COMMODITIES
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399 1990-10-15 26 Reuter SILVER, now primarily an industrial metal rather than a medium of exchange and store of wealth for investors, has plunged in price as a global recession looms. Forced up to around US$5O an ounce in an attempted squeeze by the Hunt brothers inReuter - 399 words
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293 1990-10-15 26 Bernama WORLD DEMAND for lauric oils palm kernel oil, coconut oil and babassu oil is expected to increase dramatically in the near future in view of the rapidly growing natural fatty alcohols business worldwide, an official of Proctor and Gamble Co said.Bernama - 293 words
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858 1990-10-15 26 REPORTS THE POUND'S surge follow- I ing Britain's entry into the I European Exchange Rate Mechanism (ERM) put pressure on some sterling-based commodities in the past week, although the main influence remained developments in the Gulf. The shooting of Palestinians in Jerusalem early in the858 words
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Article1131 1990-10-15 26 Rubber RAS (fcb In bate») S cents/kg Int 1 RSS Close Oct 8 154.25 Oct 9 154.75 Oct 10 155.75 Oct 11 155.50 Oct 12 154.75 MRELB (fob in balw) M cents/kg Int 1 RSS Close Oct 8 237.00 Oct 9 238.00 Oct 10 238.50 Oct 11 238.50 Oct1,131 words
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Page 26 Advertisements
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Advertisement1145 1990-10-15 26 NOTICES r KEPPEL FINANCE LIMITED (Incorporated in Singapore) ANNOUNCEMENT Pursuant to Article 23 (4) of the Articles of Association of the Company, it is hereby announced that from declarations received by the Company as at 30 September 1990. 17.27% of the issued share capital of the Company is beneficially owned1,145 words
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Advertisement12 1990-10-15 26 FOR WHO,! WHAT, WHERE AND IN THE MARKET Every Thursday advertising MARKETING12 words
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Advertisement16 1990-10-15 26 Road Chart point, a guide to investing in the stoek market. Every Saturday in Business Times16 words
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THE TRAVEL PAGE
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Article541 1990-10-15 27 at, FVgM ETA Flight ETD m 0F81 1900 kmmm RJ182 144£ RJ183 2320 kmst*4am QF005 2230 Atfcaas Qf 16 1830 Uililwi Mvki ***** 110* BJ429 203C BI422 1205 BI430 2125 BinifiT" LH770 1050 CI664 0750 QF62 1135 RA408 0815 SN287 1430 CX713 1455 CX712 1550 PK766541 words
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Article, Illustration752 1990-10-15 27 Alan Levy - LETTER FROM PRAGUE -By, Alan Levy ON OUR first day back in the Czechoslovak capital after nearly 20 years, ve wanted to have dinner in >ur old neighbourhood wine avern, U zlate hrusky (At the jolden Pear). So we decided o do something we752 words
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Article150 1990-10-15 27 As at 3pm yesterday: Load dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4060 1.4360 Canadian dollar 1.4920 1.5120 NZ dollar 1.0600 1.0900 Sterling pound 3.3950 3.4250 US dollar 1.7250 1.7350 Local dollars to 100 units of fortigi currency Austrian schilling 15.90 16.90150 words
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Article81 1990-10-15 27 Duration Title Venue Organiser Td Duration Title Venue Planner Oct 12-16 Tokyo Pack "90 Hanimi, International PO Bo* 193 l6 20 VekM^M Tokyo Information Japan Centre Oct 23-28 International Yugoslavia Foire Dc 21/25.155 Oct 14-18 Health Care Saudi Arabia Riyadh 1/*****48 Fair for Hunting. Novi Sad Hospital,81 words
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Page 27 Advertisements
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Advertisement65 1990-10-15 27 -w- A bu*ine** person'* khowe e\er\ luc*ilav, I I hurvl.n. Viturdj\ jnilsiind.i\ l c.innuC h.int;i r \irport it hour* and .lrrivins; .it J I X JL different vitit* in the I *>\the follow inn d.i\. A III; i. I ll Or VK K sil A 11: Air Canada Find out65 words
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Advertisement48 1990-10-15 27 VIEW TO KILL? Labrador Park, last rocky shore in Singapore, may disappear from the face of the earth. And that means thousands of marine creatures may be left homeless. And you lose the view, too. The latest news and much more iigjpgffwß From lunch-time. Monday to Saturday Iste.lliSJH48 words
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Page 27 Miscellaneous
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Miscellaneous293 1990-10-15 27 1 Actors on holiday begin a |J—"■■■ MM 5 Imperative that it should not be put in old bottles 9 Criminal purpose is to kill ffH chapter relating to the T5 -^^T~~ 11 One which a donna jjjjV HH 12 Stratford's current backing I I I f a new star293 words
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Miscellaneous213 1990-10-15 27 Singapore Outlook: Showers over several areas in the late morning and afternoon. Report Max temp. 32.9 assoc humidity.... 6 7 min temp 25.2* C assoc humidity 94% hrs of sunshine 6.55 rainfall in mm 1.8 rainfall this mth 3.4 rainy days this mth 2 World forecast Asia-Pacific Hi/Lo* Cood. Auckland213 words
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Miscellaneous7 1990-10-15 27 musiMG C EVENING STANOA.RO CO. LTD-, IW-1M7 words
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Article, Illustration472 1990-10-15 28 Run-up to Malaysian elections Agencies MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad campaigned by jet and helicopter across East Malaysia at the weekend, urging state party leaders to put aside bitter rivalries and help him blunt a united opposition challenge in theAgencies - 472 words
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215 1990-10-15 28 Agencies TAIWAN expects to be among the worid's 10 largest trading nations by 1996 when its foreign trade is expected to hit nearly US$2OO billion, says the Taiwanese Board of Foreign Trade. Last year, Taiwan, with a population ofAgencies - 215 words
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199 1990-10-15 28 AFP A 60-STRONG Chinese commercial delegation has left Beijing for the US in an effort to boost bilateral trade. The English-language China Daily reported last Saturday that the delegation, the first of its kind to the US, would be led byAFP - 199 words
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229 1990-10-15 28 THREE PRODUCTS have clinched the 1990 Singapore Design Award organised by the Trade Development Board. These are an electronic postage scale by Elane Engineering; packaging for seafood products by Global Frozen Food; and a programmable laboratory workstation for the diagnostic and pharmaceuticals industry by229 words
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239 1990-10-15 28 AP THE FIRST Vietnamese leader to visit Washington since the Vietnam War will hold talks in Washington this week. On Wednesday at the US Defence Department, Vietnamese Foreign Minister Nguyen Co Thach will meet General John Vessey, former head of theAP - 239 words
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455 1990-10-15 28 NYT THE TOP EXECUTIVES of several dozen of the largest corporations in the US, who gathered in Hot Springs, Virginia, last week for the twiceyearly meeting of the Business Council were gloomy about the economy and appalled by the discord in WashingtonNYT - 455 words
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274 1990-10-15 28 AP, NYT DESPITE broad support among Democratic lawmakers for a deficit plan that would raise taxes for the wealthy, Democratic Senate leaders are committed to blocking it when it reaches the Senate. Lawmakers said that Senators George J Mitchell of Maine, theAP,; NYT - 274 words
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Page 28 Advertisements
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Advertisement82 1990-10-15 28 PiageT JQMIIJER EN HORLOGERIE DEPUISIB74 GENEVE Property Search FREE! A comprehensive listing of conservation properties in Tanjong Pagar just for you! If you are on a search for larger office space to house your operations, let us help. Consider the following:- Cheap Rent Entire office for your usage Flexbility in82 words
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Advertisement524 1990-10-15 28 PiageT JQAILUER EN HORLOGERIE DEPUISIB74 GENEVE THE SIM 1990 ANNUAL MANAGEMENT LECTURE WINNERS AND LOSERS: Lessons for Companies and Managers Speaker: Dr Bohdan Hawrylyshyn Chairman, International Management Institute, Kiev Consultant to governments and MNCs ■In today's globalised Key Topics economy where change is Creating and maintaining the pre-conditions for rapid524 words
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Shipping Times
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Article, Illustration686 1990-10-15 29 John Tan - By John Tan AIR TRAVELLERS from Singapore can look forward to another 110 weekly services next month from Changi Airport, reaffirming the republic as one of AsiaPacific's best connected hubs. The additional flights to popular destinations such as Hongkong, Japan, Thailand l686 words
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307 1990-10-15 29 NYT CONSTRUCTION of the new Kansai airport passenger terminal, originally scheduled for completion in March 1993, will be delayed, said a spokesman for the Kansai International Airport Co. Among the reasons given for the delay by the spokesman are the large scale ofNYT - 307 words
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Article205 1990-10-15 29 AFP KUWAIT AIRWAYS is seeking US$692 million in compensation from insurers to cover the loss of 15 of its 23 planes, seized by Iraq in its invasion of Kuwait. The company's managing director, Ahmad al-Mishari, said that the company was now preparing documents to support its claims.AFP - 205 words
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161 1990-10-15 29 Reuter BRITISH AIRWAYS and the Soviet airline Aeroflot signed an agreement on Friday on areas of future collaboration. The agreement will be signed by British Airways chairman Lord King and Soviet Minister of Civil Aviation Boris Panjukov, a British Airways spokesman said. The weekly newspaperReuter - 161 words
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351 1990-10-15 29 Rahita Elias - By Rahita Elias SINGAPORE ship suppliers will have to merge their operations if they are to remain viable, says a senior industry official. Colonel (Res) How Seen Shing, president of the Singapore Association of Ship Suppliers, sees fewer but larger players in the351 words
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307 1990-10-15 29 THE TRANS-PACIFIC Westbound Rate Agreement (TWRA) has finally admitted that its system of regularly scheduled across-the-board rate increases has not worked. Seatrade Week reports that as a result, carriers within the conference governing the US to Far East trade have decided to307 words
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NEWS SUMMARY
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30 1990-10-15 29 Errors are made when measuring cargo. Thil article from Lloyd's List looks at the five main reasons for oil cargo losses Pate 230 words
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Article30 1990-10-15 29 THE AUSTRALIAN National Line Limited has reported a AS 12 million maiden profit for its first year of operation as an autonomous business enterprise. Back Pace30 words
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33 1990-10-15 29 THE FRENCH government is to allow three local charter companies to operate worldwide but has not granted their request to be allocated regular flights Back Page33 words
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52 1990-10-15 29 SWISS freight forwarder Jacky Maeder has opened a branch office in Thailand to tap business in the Far East. Martin Haeberli, managing director, said that Jacky Maeder established its first branch office in Bangkok since their customers in Taiwan and Hongkong had asked for it52 words
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40 1990-10-15 29 A SECRET consortium of Japanese companies has been set up to bid for the contract to build a high-speed railway between Seoul and the southeastern port of Pusan, a report said. Back Pace40 words
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212 1990-10-15 29 MASS RAPID transit is the only solution to lingering problems plaguing Jakarta's transit and traffic system, said a government official. Speaking at the opening of a seminar on traffic engineering in Jakarta, Mr Ruslan Diwiijo, Director General of Highways, said a mass rapid transit212 words
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LOG BOOK
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73 1990-10-15 30 THAI investigators were in the dark concerning the mysterious disappearance of a freighter carrying 100 million baht worth of rubber sheets, a Thai police official said. The Joyce, registered in Panama, left Thailand for Singapore on Sep 28. It was to have arrived73 words
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Article92 1990-10-15 30 A SERIOUS fire at Hongkong's Kwai Chung container port damaged a partly built distribution centre and has shut down operations at Terminal Four, operated by Hongkong International Terminals Ltd (HIT), witnesses said. The fire broke out at 7.10 am (2310 GMT) and five hours later, firemen92 words
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Article84 1990-10-15 30 NON-US jet engine manufacturers are likely to be invited to collaborate with US manufacturers on building an engine for a US supersonic commercial aircraft. "We will certainly include others. There is no doubt in my mind that others (non-US firms) will be involved," John Rolls,84 words
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Article88 1990-10-15 30 AUSTRALIAN Airlines has exercised an option to buy three more Boeing 737-400 jetliners at a cost of US$36 million each, officials said. The Boeing company said the government-owned airline operates five of the twin-engine jets and has nine more on order. Australian also flies 1688 words
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Article60 1990-10-15 30 THE Nigerian government is planning to ban international air traffic from using its airports between midnight and sam on Oct 28 for reasons of national security, air transport sources said. Most air traffic using Lagos international airport currently passes through at night, and the ban60 words
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Article102 1990-10-15 30 THE Canadian Auto Workers union said employees of PWA Corp unit Canadian Airlines International Ltd had voted 81 per cent in favour of ratifying a labour contract which gives them extensive job security protection. A spokesman for the union's airline division said the threeyear agreement102 words
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Article, Illustration1026 1990-10-15 30 Errors are made when measuring cargo. This article from Lloyd's List looks at the five main reasons for oil cargo losses OIL CARGO losses play an increasing role for marine insurers. Crude prices have increased steeply, while older ships have been reactivated which1,026 words
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Article812 1990-10-15 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and812 words
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Article10404 1990-10-15 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum10,404 words
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SHIPS IN PORT
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Article633 1990-10-15 45 VmmI VayNa Barfi «nW Dapriw* Vwaal lay Ih Berti kikM Depart** j Keppd Wfc |OfM Hua Chuan i P2D 15.10/1600 16.10/1500 Wwi 9007 K31 alongside alongside 15.10/0600 Imamui 15/90 P1B 15.10/0900 15.10/2300 Rota Motek E-865 K33 16.10/0600 Km Soon Li 40/90E P1A 15.10/0900 15.10/1900 Sg Of Flower633 words
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Article1001 1990-10-15 45 RECEIVING OF EXPORT FCt COHTJUNERS AND LCL CARGO Racord Boottig/Babnca Mb Sty Voy No Etb/Btr Nriod From To From to Dhsv 48 16/2300 1 14/1500 14/1659 14/1900 4 15/1200 15/1459 15/1700 to Rose 4A 17/1500 2 14/1700 15/0669 15/0900 4 15/1200 15/1459 15/1700 N Ahmad* 66 17/0700 31,001 words
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Article372 1990-10-15 45 Port King South Port on Oct 12: Krts Meruh berth 2; Pisces Pioneer berth 2; Sang Thai Ruby berth 3; Berjasa berth 6; Jenwin berth 7; Yong Hua berth 7A. KCT: Wan Hai 202 berth 8; Swadaya berth 9; Singapore Glory berth 9. North tat I Xing372 words
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Article934 1990-10-15 45 DRY CARGO freight rates were stable on Thursday amid reports of several new grain and coal fixtures and with sentiment still boosted by talk of Soviet grain buying interest. The Baltic Freight Index was marked up eight points to 1,191, with the key US Gulf/Japan grain route declining934 words
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Article, Illustration400 1990-10-15 46 John Spiers - From John Spiers in SYDNEY THE AUSTRALIAN National Line Limited has reported a Asl2 million maiden profit for its first year of operation as an autonomous business enterprise. Managing director JohnBicknell said the profit indicated an improvement in the restructured company's400 words
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127 1990-10-15 46 A SECRET consortium of Japanese companies has been set up to bid for the contract to build a high-speed railway between Seoul and the southeastern port of Pusan, a report said. Transportation Ministry officials said that Sugawara Misao, president of the Japan127 words
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168 1990-10-15 46 SWISS freight forwarder Jacky Maeder has opened a branch office in Thailand to tap business in the Far East. Martin Haeberli, managing director, told The Nation that Jacky Maeder established its first branch office in Bangkok since their customers in Taiwan and Hongkong had asked168 words
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231 1990-10-15 46 AFP THE FRENCH government is to allow three local charter companies to operate worldwide but has not granted their request to be allocated regular flights. The decision means that the companies Air Liberie, Euralair and Minerve will not need to apply forAFP - 231 words
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Page 29 Advertisements
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Advertisement117 1990-10-15 29 THE SPECIALIST IN: Wire Hope Sings Lashing ok Materials Lifting IMP INTERMARINE SUPPLY CO (PTE) LTD lllift TEL; *****33 (6 LINES) FAX: *****77 -?v m Globe-trotting Mgator Mitsui O.S.K. Lines' Alligator container service spans oceans and crosses continents by ship, rail and truck. Our Alligators provide Asian shippers with fast117 words
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Advertisement28 1990-10-15 29 CodNtt report 2 Contam SctwdMte 17 My Fratfib 17 Ma to Mwrtam 3 Shppmi Gob* 10.11 Stop M Port 17 Support Tito_ 17 Waft* and Stt CaaitoM —1728 words
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Page 30 Advertisements
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Advertisement104 1990-10-15 30 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in104 words
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Page 31 Advertisements
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Advertisement1932 1990-10-15 31 JARDIAE SHIPPING ACINCIES~ \lllf/ 200 C«ntonnwn( Row! #12-05 Southpoint Singipofe 0208 mlllf# j«< *****11 NO RS ***** Hflmil TERMINAL/CFS Te) *****18 220 1* COOCQ 1 BOOKINGS Tel *****34 235 1 \COQf J PESAKA JAROINE SHIPPING AGENCIES SON »MD. PORT KCLANG TEL: *****18 TELEX NO. MA*****/11A***** PENANG TEL *****4 TELEX NO1,932 words
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Advertisement1292 1990-10-15 31 INDEX I TOfIDVKTISERS Page Col Par Col iA] i m i ABC Containerline 13 5 Mac-Nels Agencies 14 1/2 Accord Group 8 1-3 Macoiine 18 2/3 Ahrenkid Liner 16 2 Madju Sdn Bhd 16 1/2 Albatros Sea-Air 14 5 Maersk Line 3 4/5 Alfred C Toepfer 15 5 Mainfreight 151,292 words
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Advertisement2208 1990-10-15 31 Vnwl Vo» ETA I ETD 'Port DESTINATIONS Singapof* K*lang Thtt wk M 900S Clowng Tim* Fmmomt by cy i«/io 0400 mrs ftrco a IHH HHi CFS 15/10 2359 MRS M Tauro OAK LQB MOO MEM ATL MIA CHS BAL PHL NYC MON TOR MARORETME M 9006 16/10 17/10 Ski Tsid2,208 words
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Page 32 Advertisements
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Advertisement1090 1990-10-15 32 Page 4 j f ROTTERDAM/ VOY NO S PORE P KELANQ SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE *nwx nntj ray 07/524 iaTio 12/11 6/11 8/11 5/11 07 528 21/10 7'" 12/11 14/" O&KAMV 96/527 25/10 Wll 13/11 15/11 12/11 Wll HONG KONG EXPRESS 97/531 28/10 14/11 17/11 W" MONTE ROSA1,090 words
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Advertisement522 1990-10-15 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC II 28/10 8/11 10/11 15/11 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO, APIA ft NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 Alto accepting Carfo to Call* (Peru) via Valpa Agents: SINGAPORE: *****56522 words
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Advertisement1313 1990-10-15 32 jtjaraT REGULAR INDEPENDENT FULL COHTAIHER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HAM) N. SUSAN 9032-3 16/10 06/11 09 11 12/11 I3|ll 11/11 17/11 21/11 N. SHARJAH 9033-3 22/10 11/11 14/11 19/11 21/11 24/11 23/11 25/11 M/ll N.1,313 words
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Page 33 Advertisements
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Advertisement1746 1990-10-15 33 SjgSteamers Maritime Holdings Ltd P&O anw STRAITS SHIPPING "3 Wiimn M EM IWlllH. Containers Mm Voy No MUh« S'pore S'ton Ifbun ffhaven Leh 001 MY via :SS 21/10 B/l'l M/U 51! STMITS VENTURE V24EMMra.Uk.KK Mil Oct 17 Oct H Oct OSAKA BAY 9S/S7 >T BHUM-21/10 2*lo WU M/U IWI Wl1,746 words
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Advertisement1595 1990-10-15 33 J SP LH ROM HAM IHVN FIX SW«t MK KAO KM IU I CHOYANC GLORY 001W I*lo 11/10 1/11 2/11 4/11 *11 "ggy*J* JW> WlO 22/10 2*lo I CHOYANC SUCCESS 011W 20/10 7/11 1/11 *11 11/11 12/11 2£° 21/10 2700 30/10 2/1} I HAN/IN HAMBURG 003W 27/10 14/11 I*ll 10/111,595 words
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Advertisement44 1990-10-15 33 nUM MPPM6 FTL LTB. 20-09, Tons »®1 Cm* Spor. 010*. Tat *****11 *****13, *****36. JHBMHI Wu IS ***** Fox *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA TRANSBULK 1*1» OCT KWH.NtS.tU HAMIDAH 11/19 OCT SIBU KUCH.NG SENG H.NC 11/12 OCT SENG LEONG 13/14 OCT t. KELANC44 words
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Advertisement372 1990-10-15 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN COSMIC ASSAM STAR CHALLENGER TRADE* VOY. NO. 11S 2 S Sport 17/10 21/1# 27/11 P. Mm 20/10 23/10 30/10 Pinjnj Hong Kong Yokohama 7/11 13/11 21/11 Na«oya 0/11 11/U 17/11 Ovjkj VU Sonbotuj S/ll 15/11 Tokyo Hocktmmh 'For Discharging372 words
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Page 34 Advertisements
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Advertisement672 1990-10-15 34 ■ftp w *sam CR NBR **********0-0 EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE c VSJVOY $'PO*£ ROMVAOAM H BURG BROWN ANTWERP •K VtSSfl a-a(M 2JTII *1 JjU IjU SStSSX" IsS] 3," 4f FAST TRANSIT TIME ACCEPTING! BREAKBULK/CONTAINERISED CARGO Sub|Kl to MunmnL Aleo aonpftiQ cargo to CmMmncm, Port Said, Rod Atomdkto, Qm, Trtoato.672 words
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Advertisement721 1990-10-15 34 HANJIN SHIPPING I V 7 FULL CONTAINER SERVICE S'oor* LoHavr* R'rtan H'kure B'haven Fttow* FEEDER VSL SIN LINE HAUL LAX OAK CHOYANC SUCCESS OUW 2V\O Ml W UVll 12/11 3m HANJIN ROTTERDAM 018E I*lB H. SEOUL 188E *11 llfll HAIUMNMmOM 27/10 mi I*ll I*ll I*ll CHOYAJBC CMAJJCE 0«C WO H.721 words
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Advertisement1143 1990-10-15 34 I f i PKISCf NKG KS6 KLG PUS HKT 01* MK TYO LAX CHS SAL NYC LHV AIM ROM FIX NOG ISP B> ISk/sr I jb 3s a a b as sis 1 as as ss a I s I ALSO ACCEPTING CARGO TO; I u PROVIOENCE. mu« SAVANNAH, BOSTON1,143 words
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Page 35 Advertisements
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Advertisement1555 1990-10-15 35 ouip|»uig iiiiirS) Jiuuuaj wtwwvi «v NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) "1 BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 Mf M TERMINAL OFFICE .*****22 DOCUMENTATION DEPT: *****44/ *****14 JW CFS: K27 -IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NPPI INF1,555 words
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Advertisement1190 1990-10-15 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VtSSCLS VOYAGE 1535 |MANILA HKOM ~WTAfit MM ROAM NUN I'KAVU TILMIRY HOTT AffWCRP r1,190 words
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Advertisement1521 1990-10-15 36 < < *»—-v K line KAWASAKI KISEN KAISHA. LTD. EXPORT N. AMERICA-PACIFIC SOUTH-WEST j f IMPORT N. AMERICA. PACIFIC SOUTH-WEST sgast« t w sr* [stevss ra. sr. a ssll fg* a ®ET— T S (HI SttITERRANEA Jwo WlO 27/10 MANHATTAN BRIDGE 37 11/11 21/11 23/11 25/11 BROOKLYN BRIDGE 33 2*91,521 words
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Advertisement1105 1990-10-15 36 PHIU-OM€NT UN€S PT€ LTD toe ROBINSON ROAO #07-00 GMG BUILDING SINGAPORE 0106 X TEL: *****22/*****69/*****00 TELEX: RS ***** PH4LI FAX: *****76/*****38 BY AIR, LAND OR SEA... Sflfcsjy WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 OCT MONTREAL Ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO. 21 OCT1,105 words
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Page 37 Advertisements
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Advertisement1566 1990-10-15 37 PACIFIC INTERNATIONAL LINES (PTE) LTD M mfc PIL Building, 140 Cecil Street #0300, Singapore 0106. I JAKARTA BANGKOK VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN MAJAPAWT 8388 IS/10 18/10 SEA GLORV 02N It/10 It/10 M/ 10 DELTA MAS 17tS 18/10 17/10 21/10 PEGASUS PIONEER 103N 17/1S 20/101,566 words
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Advertisement1071 1990-10-15 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL |VOY SPOfIE "PKLANG SHAMPTON HAMBURG B'HAVEN ffDAM L'HAVRE Kowtoon Bay* 97/524 19/10 12/11 6/11 8/11 5/11 11/11 Kurama+ 07/528 21/10 Via Hox 7/11 10/11 12/11 Osaka Bay 96/527 25/10 19/111,071 words
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Advertisement328 1990-10-15 37 M MYANMA W FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VIO6W SM hi Pt HPA-AN VISSW In Pt PAGAN VI62W 14/20 OCT MYOMA YWA VI3OW 20/24 OCT THE BANK LINE (A service o< Andrew Weir Shipping) W SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY328 words
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Advertisement11 1990-10-15 38 PH« 1« CmCORPOINSURANCE BROKERS(S) PTE LTD Tel: *****88 Fax: 225 068211 words
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Advertisement10 1990-10-15 39 CfTICORPOINSURANCE BROKERS (S) PTE LTD Tel: *****88 Fax: 225 068210 words
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Page 40 Advertisements
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Advertisement832 1990-10-15 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT KJTBOUND SIN FLX BBV ROM ANT HBC RST ■MIS SEN WFO47 55" *11 WU 12/11 W1 15/11 HUERINGEN H% M/ 10 17/11 I*/U 11/11 JO/11 21/11 'anama sen mnm i#/io 22/11 23/11 25/11 *Ai a/11 UROPIAN SEN WFOSO 13/11 fi/12 7/12832 words
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Advertisement1111 1990-10-15 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR COIttOIIPATIOM WWCB It FAR EAST PORT KELANG 19/10 4 26/10 MANILA 20/10 4 27/10 PENANG 19/10 4 26/10 BUSAN 20/10 4 30/10 BANGKOK 20/10 4 24/10 TOKYO 18/10 4 25/10 HONGKONG 16/10 4 20/10 YOKOHAMA 18/10 4 25/10 KAOHSIUNG 21/10 4 28/101,111 words
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Advertisement296 1990-10-15 40 LOADING FPU w«*i droit CM DON BAIRtS wnoco «K> sts vit pjsoa C IMML l2w »>• w W1 IWI- OPT icTSrao w 11/11 22/12 w w OPT VM! DISCHARGING FM BRAZIL ONLY STONE I MM. NK KEI OU»N YOK N6O MM HOsmcNi n/io VU Ml rn\ mi I*ll urn I*ll296 words
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Advertisement1088 1990-10-15 40 P CHINA OCEAN SHIPPING COMPANY coscP TEL: 2X1900 SSSA^SW 1 FULL CONTAINER LINER SERVICE TtLEX s ssii 0 **********0 M CABLE: COSTARLINE Agents: OOOTAR SHIPPING ~~mT~ ax rot HAW AWT MM wmftm nx —«ot— ham —ant s£!l_ I*lo o*ll o*ll mi mi 12/11 IMC 1E £5 So! I*s 2*oo a£1,088 words
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Page 41 Advertisements
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Advertisement825 1990-10-15 41 UWp|HJIO UIIVOJ IHVUUOJ wwwv* NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 19/10, 26/10 EUROPE all Ports 20/10, 27/10 BANGKOK 19/10, 22/10 HONGKONG/CHINA 18/10, 23/10 SYD, MEL, ADEL, BRIS 20/10, 24/10 FREMANTLE 24/10, 27/10 MANILA 19/10, 26/10 PKLG/PENANG 18/10, 26/10 Port Katang Branch825 words
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Advertisement242 1990-10-15 41 S5 |S| PTE LTO St TEL: *****33 (12 UiM6) S FAX: *****15/*****03 y+i TELEX: R8 ***** RIBHIP (3 Unoa) Pi\ ETHIOPUN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL "VESSEL IVOV ETA I LOADING FOfl SPOWE NETSANET 20WB 2/11 OAfIESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 23W8 H/11242 words
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Advertisement785 1990-10-15 41 MASKAPAI PELAYARANI ™PULAU LAUT I I BETWEEN THE PORTS OF S PORE, INOONESIA, I MALAYSIA ft THAILAND inil I ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: *****55 1 I VOY SIN JKT PAJ SIN I OKUNOZE 99S 19/10 21/10 23/10785 words
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Advertisement570 1990-10-15 41 i^^^bhuih BANGKOK CEBU/MANILA ■i jvovl m«A»« PHHPPHHHI I JENLINK 27N Thur 16/10 Sun 21/10 KITI BHUM 42S 19/10 24/10 2WO NANTA BHUM UN Tlw 16/10 Sun 21/10 SO. ORIENT 43R 26/10 1/11 3|fU SIR! BHUMj 467N Fri 11/10 Mw 22/10 KITI BHUM 446 2/11 7/11 WU MAMA BHUM# 31N Sun570 words
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Advertisement351 1990-10-15 41 TO AUSTRALIA/NEW ZEALAND t NUDKS7 iii >55 5/5 "vu *5 urn helim 29 am "55 55 55 mu nru Mussa m wu wi wu 5/5 15 «n c voouK m~ am mu 55 55 um 7 DATS TO VmEMAMTUB TO USA/CANADA vs. |Sap»M I*. OrtwSr CkartMlM NNNm t nuow ra351 words
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Advertisement1262 1990-10-15 42 MAC-NELS SINGAPORE IPORT TEL mmi I 1 IMPORT TEL MHao7]| PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 -KV\- i'J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 JAKARTA1,262 words
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Advertisement353 1990-10-15 42 fflcfc. BLUE STAR LWE SINGAPORE TO 11NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NBW PLYMOUTH PORT CHALMERS ACCEPTING FCL ALCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHKISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN PLY AUCK IYT Mil IBE R A 17S IS Oct a Oct V)«353 words
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Advertisement1169 1990-10-15 42 jXm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH i ma |w let* Inn vum hi I etc ht KIM SOON LI 40/90E 15 OCT1,169 words
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Page 43 Advertisements
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Advertisement696 1990-10-15 43 Wwv QDMPANIA PERUANA IBEk 1 DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULKjFCL/SOC CARGOES JO/FROM CALLAO, MATARANI. ILO* OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Parang* P. Kelang Singapore KAMAL EVERETT 19/21 Oct THOMASCVCRETT 01/03 Nov 04/05 Nov KARABIEVERETT 11/13 Nov 14/15 Nov "EVERETT ORIENT696 words
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Advertisement584 1990-10-15 43 VSL VOY sToRnSIWUNER LAX AST SAV 4YC HfX A VtSSIL 55 I'MNIWVORK U/U 0/11 H/U 22/11 Ztfjl ZIM SINGAPORE 3t£ 25.10 lilM TOKYO 1/12 M/U U/U U/U U/U StLAT Ul 31/10 KM TOKYO 1/12 U|U 13/U IVU U/U ZIM TRIESTE UK >U1 U PUSAN WU I*l2 U/U M/ 12 M/584 words
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Advertisement612 1990-10-15 43 SING KWANG HANGI MMM H—l (FTI) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENUNK 18/10 21/10 I JENWEL 121/10 I— 1 24/10 VESSEL SPORE BANGKOK A VESSEL 19/10 22/10 j A VESSEL 22/10 2S/10 DESTINATIONS ETA SINGAPORE PORT KELANG 18 OCT MANILA 20 OCT HONG KONG. ALL CHINA PORTS612 words
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Advertisement511 1990-10-15 43 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOV SIN JKT BBY PRASETIA 111 A 17/10 20/10 PELOPOR 958 20/10 23/10 PRASETIA 113 A 24/10 27/10 PELOPOR 959 27/10 30/10 TANTO UTAMA 113 18/10 21/10 TANTO UTAMA 115 25/10 28/10' TANTO UTAMA 117 01/11 04/11 General511 words
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Advertisement367 1990-10-15 43 lifi FMIAST 21/10 KEELUNG/KAOHSIUNG 21/10 BANGKOK 19/10 MANILA/CEBU 20/10 JAKARTA/BELAWAN/SURABAYA 19/10 PORT KELANG/PENANG/E. Malaysia 22/10 BUSAN 22/10 TOKYO/YOKO/KOBE/NGO/OSA 22/10 HONG KONG also accepting cargo to HuangpujShenzhen, Fuzhou/ Xiamen/Xingang/Shanghai UN EUROPE/UK 20/10 LDN/FLX/LVP/SOU 20/10 ROM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. sin miMMM 20/10 LOS ANGELES/NEW YORK all IPI points367 words
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Page 44 Advertisements
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Advertisement502 1990-10-15 44 "2T CB SHIPPING I MARINE SERVICES NORTH QUEENSUND/PAPUA HEW GUINEA SERVICES CONTAIMBI/LCI/BREAK BULK SERVICE "ANKE" SERVICE SPt POM LAI MiSIMA TVIUE VitSB »-»10 Ml 1-9/11 *****11 11/11 V.1958 23-24/11 5/12 7-1/12 10-11/12 *12/12 TAMIP "S*l juM" Ei la* 16/11 1 7/12 mpßctM*. BUNKER SURCHARGE EFFECTIVE 1/S/SO TEU USOS6CD B/BULK USD502 words
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Advertisement602 1990-10-15 44 iHHHH SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VEBSEL/VOY ETA SPORE NAPLES QENOA ILYICHEVSK MERSIN TRIESTE K.M. V 18-90 W 22/10/90 18/11/90 7/11/90 12/11/90 K.V.T. V2OCW9O 22/10/90 12/11/90 13/11/90 18/11/90 SQ V 19-90W 30/10/90 25/11/90 15/11/90 20/11/90 B.A. V 21CW90 5/11/90 27/11/90 29/11/90 3/12/90 A.N. V.20-90W 14/11/90 11/12/90 1/12/90 6/12/90 ALSO ACCEPTING602 words
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Advertisement338 1990-10-15 44 I WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 18/10 21/10 2S/10 28/10 HONG KONG 20/10 25/10 30/10 (H/ll BUSAN 20/10 25/10 30/10 05/11 BANGKOK 19/10 21/10 26/10 28/10 MANILA 23/10 02/fi 12/11 22/11 "UJa 20/10 27/10 "M/Ii 10/11 KYC LINE (8) PTE LTO., 158, CECIL STREET DAPENSO BUILDING, #08-00 SINGAPORE338 words
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Advertisement424 1990-10-15 44 jGSR OcemSeruice J LCL/FCL SERVICE TO/FROM AfiO KL: allied-LINK SINGAPORE: /g^\ jfeffijU 04-*****2 *****8055 778 6522(22 lines) BBS) Marina Onf Susan No/ChrtoHna Chlaw Dolly Mlrpuri/Eattvar Yap (l'Tl\ llnll EO SHIPPING AGENCIES PTE LTD \~\mLlU XB Tlx: RS ***** NEOSHIP Fax: *****50 Td *****29 (6 Lines) A. VSL OCT CHITTAGONG/CALCUTTA A.424 words
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Advertisement193 1990-10-15 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 19NB 23/10 VIGOUR PACIFIC 20NB m BANGKOK 21/10 28/10 IBUSAN ayiQ zyio HONGKONG 18/10 23/10 KEEIUW 21/10 2t/10 PT. LOIIIS —2EJ2II_ PT. KELANG 19/10 26/10 KOBE m s 10 PIRAEUS 21/10 29/10 OSAKA 23/10 30/10 JAKARTA 19/10 23/10 SURABAYA 19/10 23/10 LOS ANGELES (TO193 words
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Page 45 Miscellaneous
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Miscellaneous433 1990-10-15 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOW *****1 M 0200 03M MM OSM KOO 07M MOO OMOIOM UMI2MI3MI4MISM lfM 17M1M INI 2tM 21M 22M 23M JR 1.6 1.2 a 9 0.7 0.6 03 L 2 1.6 2.1 14 14 13 13 1.6 13 LI 1.0 1.1 1.4 1.9433 words
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Page 46 Advertisements
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Advertisement315 1990-10-15 46 CHARTPOINT Every Saturday in Business Times I*" VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 18/10 SPRING STAR 09/90 12/10 23/10 For Enquiries Call CALVIN HO/DANY LAU I HA hiap hoe shppmg emterprbe I V/ff I TEL: *****86 FAX: *****10 \JfHy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG315 words
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Advertisement723 1990-10-15 46 /HYUNDAI] MERCHANT MARINE CO- LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY IBM OAK SEA HKG SIN HYUNDAI INNOVATOR 36E 20(10 25/10 12/11 14/11 17/11 16/11 HYUNDAI PIONEER MW 11/OJ 14/01 17£» VM WJ HYUNDAI EXPLORER 35E 27/10 1/11723 words
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Advertisement416 1990-10-15 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) fNM rn* triune shaven roam lem mm TOR TO SAT IVM a/M ni «11 liliif :to Maw* In «i rill, Otto, WnlHla. MMi SKr"" 11 557 UjILLH OSAKA »AT H/M I*ll ll(U l«U UIU MM MEDITERRANEAN (MED CLUB)* JEDDAH HBH iTlwan l|*ra—416 words
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