The Business Times, 13 June 1991
1991-06-13
1
44
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The Business Times
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Title Section10 1991-06-13 1 Business Times MCI (P) 16/12/90 Thursday, June 13, 1991 75*10 words
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NEWS SUMMARY
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68 1991-06-13 1 TAIPEI China has threatened to impose a diplomatic blockade against Taiwan to force the island to have party-to-party talks on reunification between the two sides. "Beijing's move to establish ties with Seoul is its first step of a diplomatic blockade against Taiwan." Hsieh68 words
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42 1991-06-13 1 LONDON Britain's firstquarter current account deficit was revised upwards to £2.6 billion (557.7 billion) from a previous estimate of £1.32 billion on a downward revision in the surplus on invisible trade, the Central Statistical Office said vesterdav.42 words
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Article20 1991-06-13 1 CONSTRUCTION activity declined during the first quarter of this year, amid uncertainty surrounding the Gulf crisis Page 220 words
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Article28 1991-06-13 1 SEVERAL prominent British companies have rated Southeast Asia as a top investment region whose long-term potential is reflected in its strong economies Page 728 words
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Article39 1991-06-13 1 THE European Bank for Reconstruction and Development has advised the Soviet Union that it should act within six months to stabilise its economy and begin a big shift in activities towards the private sector Page 839 words
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Article49 1991-06-13 1 US PRESIDENT George Bush has agreed to let the Soviet Union purchase up to USSI.S billion (552.7 billion) worth of American grain on credit and may now be close to a decision on whether to grant Most Favoured Nation trade privileges to Moscow Page 849 words
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Article31 1991-06-13 1 SWEDISH actress Lena Olin thinks there might be a connection between her and the many women of fragile yet \iolent nature she has portrayed Page 1731 words
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Article32 1991-06-13 1 THE Far Eastern Freight Conference and several independent carriers have signed an accord to standardise nonfreight charges for trade between Europe and the Far East. Shipping l imes Page 132 words
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MARKETS SUMMARY
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Article42 1991-06-13 1 WALL STREET stocks headed sharply lower in early trading yesterday as concerns about the interest rate outlook brought down bond prices. The Dow Jones average of 30 industrial stocks was off 20.79 points to 2.965.12 after one hour of trading.42 words
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Article39 1991-06-13 1 L()NIX)N shares were lower at midday yesterday after Britain's first-quarter trade deficit was revised to show a wider shortfall. At about 1100 GMT, the FTSE 100-Share Index was down 12.1 points, or 0.5 per cent, at 2,530.5.39 words
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Article19 1991-06-13 1 BEVERAGE group Fraser Ncave is building a 5470 million business centre in Alexandra Road Page 319 words
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Article33 1991-06-13 1 THE SHANGHAI branch of the OCBC Bank will enjoy a hefty 40-point cut in its tax rate, to 15 per cent, with effect from this year Page 333 words
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Article41 1991-06-13 1 NEW LAWS allowing Indonesian pension funds to invest in equities could give the Jakarta Stock Exchange a substantial boost by the end of the year, according to the chairman of the Indonesian Capital Market Supervisory Board Page 641 words
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Article, Illustration29 1991-06-13 1 Wednesday. Change BT-MGA 742.93 +2.46 Kuala l.umpur ...623.% +2.25 Tokyo 24.482.69 -179.90 Hongkong 3.627.90 -3.58 Sydney 1,500 +14 luesdav Change New York 2.985.91 +10.51 London 2.542.6 +30.729 words
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Article23 1991-06-13 1 Exchange rates USS SS 1-7835 11)0 Yen SS 1.2586 MS SS 0.6412 Money market rates Overnight 5% +1/8 3-montii 5 9/16% -t-1/1623 words
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Article39 1991-06-13 1 London Gold AM fix USS370.70 -USS2.05 Rubber S'pore Julv 147.75*/kg +0.25 M'sia July 232 OOVkg +1.50 KL Tin Turnover l()5tonnes +65 Spot MS 15.5 5 /kg +0.09 Crude palm oil Turnover 1,312 lots -435 June MS767 /tonne +639 words
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672 1991-06-13 1 Amy Balan - Rights and bonus issues, stock splits to be focus By Amy Balan THE STOCK Exchange of Singapore is expected to provide some guidelines soon to companies regarding scrip issues, notably rights and bonus issues, as well as stock splits. The guide should be672 words
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404 1991-06-13 1 Elaine Koh - By Elaine Koh HOTEL PROPERTIES Ltd (HPL) is now talking to its bankers about the financing of its Orchard Boulevard condominium project, since its proposed rights issue has been rejected. Mr Chris Lim. a director of HPL, said yesterday that "our bankers are404 words
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Article, Illustration430 1991-06-13 1 Claire Leow - By Claire Leow THE RAPID technological changes in the disk drive industry has taken its toll on one US-based precision tool and diecast components supplier, Tool Products. Sources said Tool Products' six-year-old Singapore plant is expected to close down next month, while430 words
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263 1991-06-13 1 GOLD took a pause yesterday after a bullish two-day run. Asian traders reported light profit-taking but did not detect any selling by producers so far. In the Singapore market, the metal dipped as low as U*****.20 around midday yesterday, but edged upwards again in late263 words
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Article, Illustration368 1991-06-13 1 Salil Tripathi - From Salil Tripathi in MUSCAT, OMAN "SINGAPORE can play a positive role in the growth of the market for Oman's exports to the Asia-Pacific region," Oman's Minister of Commerce and Industry, Salim bin Abdullah Al Ghazali, told BT in an interview. "Its strategic368 words
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150 1991-06-13 1 IN WHAT could be a signal of a reversal in banks' lending rates in the next few months, the DBS Bank announced yesterday that it will raise its Autosave and fixed deposit rates from today. It is paying a quarter to half percentage150 words
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Page 1 Advertisements
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Advertisement125 1991-06-13 1 BurberrvSl I t Reigns when it pours t Ad Marketing 12 Money Changer Rates 25 Weather 25 Aircrfl Schedule 25 Money Market 23 Work) News 8 Commodities 24 Regional Co News 4 Cryptic Crossword 25 Regional News 7 For market indices, editorial, Editorial 10 Regional Stock Markets 21 advertising and125 words
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Advertisement20 1991-06-13 1 I urn to Pg 12 for the fourth Money C oupon >ou need to join the B I investment challenge20 words
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Advertisement60 1991-06-13 1 OAT TV D All Jul SHOES FASHION ACCESSORIES SAPORITI ITALIA. THE ULTIMATE IN STYLE AND PRESTIGE. Hi v saporiti Italia Italian design ingenuity at its best. I I Contemporary furniture for the home and executive office. The Saporiti Collection. I Exclusive to Le Mercier's. I C Oitrnury t 21 ?760 words
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HOME NEWS
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NEWS ROUNDUP
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Article127 1991-06-13 2 >1 NGA Tanjung Resorts Pte Ltd, a Singapore company o*>e shareholders include Meeting Planners Pte Ltd. Sandy 5ay Pte Ltd, Econ Properties Pte Ltd and the Hiap Aik jup, has been appointed the promoter for Tanjung Country >ib membership. The club has been jointly developed by jonesian127 words
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Article158 1991-06-13 2 All BOW TAN, the Minister of State for Communications J I rade Industry and chairman of the NPB, will launch :e 10th anniversary commemoration of the productivity n jvement tomorrow at a luncheon. The luncheon has been nganised to express appreciation to the SDF council, which158 words
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Article80 1991-06-13 2 <i LHJrY PRIME MINISTER Ong Teng Cheong will dedi;ate the restored Fort Canning Centre in Fort Canning Park Saturday, June 15. The building is one of the key projects aertaken by the National Parks Board in the revitalisation it Fort Canning Park. Following speeches by Mr Ong80 words
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Article, Illustration268 1991-06-13 2 Salil Tripathi - By Salil Tripathi CONSTRUCTION activity declined during the first quarter of this year, amid uncertainty surrounding the Gulf crisis. The latest statistics from the Urban Redevelopment Authority (URA) in its Construction Statistics Quarterly for the first quarter of 1991 show that even though planning268 words
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232 1991-06-13 2 AS THE US economy begins to recover, vendors of American properties are making appeals to cash-rich Asian buyers to buy pieces of the United States while the deals are still cheap. One US-based Singaporean, Chia Siew Wong, president of International Property Investment Management,232 words
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217 1991-06-13 2 SINGAPORE has one of the world's largest proportions of Visa Gold Cards to total Visa cardholders, according to Visa International's annual report, released yesterday. Gold Visa cards issued in Singapore last year increased by 40 per cent, with total growth217 words
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117 1991-06-13 2 CLEMENTE ESCANO will join Keppel Bank of Singapore as senior vice-president and head the treasury division from June 17. A Master of Science graduate in Industrial Economics from the Centre for Research and Communication in Manila, Mr Escano, 41, has more than 21 years117 words
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Page 2 Advertisements
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Advertisement123 1991-06-13 2 For that very special celebration, you can take over Singapore's highest restaurant. We mean it. You can have dinner, live nostalgic music The Pinnacle all to your- excellent service. Make self when you celebrate J|sit an unforgettable affair, a grand and exclusive Calt us at 534 4040 occasion with us,123 words
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Advertisement277 1991-06-13 2 "That's right! I lost my extra kilos and I won the ff first prize in the NTUC Mother Of The Year L' 4 contest -thanks to Expressions Slimfit Studio. "Frankly, I never knew losing weight was going to JKjSFf*' be easy. */y pi s started off weighing 59kg. At the277 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration359 1991-06-13 3 Sylvia Wong - F N building $470 m centre in Alexandra Rd Project comprises corporate headquarters, two industrial blocks By Sylvia Wong BKVERAGE group Fraser Neave is building a $470 million business centre in Alexandra Road. The centre will include its 25-storey corporate headquarters called Alexandra Point and two industrial blocks for high-tech359 words
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410 1991-06-13 3 Yong Pow Ang - From Yong Pow Ang in SHANGHAI THE SHANGHAI branch of the OCBC Bank will enjoy a hefty 40-point cut in its tax rate, to 15 per cent, with effect from this year. The reduction would mean an extra income of RMB 2410 words
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COMPANY BRIEFS
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178 1991-06-13 3 HAW PAR Brothers International announced that its subsidiary, the Haw Par Trading Group, and its Indonesian partners PT Igata Harapan, have agreed to release each other from arrangements set in a letter of intent signed for the promotion and management of a golf course178 words
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Article60 1991-06-13 3 JAPAN-BASED Isetan Ltd has increased the issued and paid-up capital ol its subsidiary. Lexim (Singapore) Pte Ltd, to Si million Irom S 100,000. Voshinari Sakuma and Soichi Kawada have been appointed to replace Mavumi Takayama and Yoshio Tsutsui, who resigned as directors of Isetan Singapore. Mr60 words
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Article57 1991-06-13 3 CITY Developments Ltd has appointed Mr Chow Kok Fong as its new director of projects. He will co-ordinate the group's operating units in relation to project management and implementation. Mr Chow was previously executive director of Guthrie GTS Ltd. chairman of Guthrie Engineering Pte Ltd and57 words
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Article53 1991-06-13 3 KUALA LUMPUR Kampung Lanjut Tin Dredging Bhd has forecast a pre-tax profit of M 522.56 million for the year ending March 1992 against its losses of MS 1.09 million the previous year. The forecast would give gross earnings per share of about 83.8 sen,53 words
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290 1991-06-13 3 Bernama KUALA LUMPUR Genting Bhd proposes to put up a MS 129 million (5582.7 million), 27-storey building with five levels of basement car park as an extension to its corporate head office building, Wisma Genting, in the Golden Triangle here. A circularBernama - 290 words
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177 1991-06-13 3 AMCOL Holdings Ltd has set up a new subsidiary in Johor Baru, Amcol Magnetic Sdn Bhd. to take over its entire cassette manufacturing operations. The operations will be moved from Singapore, where it is being done by Unimagnetic Pte Ltd, another wholly-owned subsidiary. Aqicol177 words
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266 1991-06-13 3 SINGAPORE AEROSPACE is marketing its range of engineering services and products for both military and commercial aircraft at the Paris Air Show. The air show, which opens in Le Bourget today until June 23, also features space achievements from Europe, the US266 words
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Article353 1991-06-13 3 Carolyn Lim - Tax exemption and extraordinary item helped boost profits By Carolyn Lim BUT FOR its much reduced tax bill and an extraordinary item, Sesdaq-listed InterRoller Engineering would have turned in a lacklustre performance last year. The award of pioneer status, which exempts the bulk of its profits from353 words
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407 1991-06-13 3 Sylvia Wong - By Sylvia Wong CENTREPOINT shopping centre is to be upgraded at a cost of $4 million starting this month. Executive director of Centrepoint Properties G H Darwin says the upgrading is to give the eight-year-old building a "better ambience and make it more user-friendly",407 words
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Page 3 Advertisements
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Advertisement185 1991-06-13 3 '1 1 <fMi S M I w\/ i J—l -f&m ytirk\ tPf MJ$ iciw 1 ,2m 3m iM/Ji V Jszw \n/; r MA '■W-l «i t? 4/ m ~tk I r£l i i 'Could be another fun day on the stockmarket.' In a world of highly volatile stock markets, yesterday's185 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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95 1991-06-13 4 MANILA A group of banks and financial companies has i signed a loan agreement granting 598 million pesos (about 5535.7 million) to San Miguel Corp, the Philippines' largest food manufacturing conglomerate, for its expansion and modernisation. San Miguel said in a statement yesterday that95 words
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Article83 1991-06-13 4 SYDNEY The Australian Stock Exchange said securities in Muswellbrook Energy and Minerals I td would be suspended at the close of trading yesterday. This followed lodgement with the Australian Securities Commission of a court order approving a reduction of capital. Consolidated Press Resources Pty Ltd (CPR), which last83 words
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Article99 1991-06-13 4 COLOMBO A Sri Lankan soft drink manufacturer has won an interim court order to prevent a breach of its exclusive bottling agreement with American giant PepsiCo Inc. Court officials said yesterday that the government-owned Ceylon Cold Stores Ltd obtained an interim injunction from the Colombo99 words
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Article69 1991-06-13 4 SYDNEY AIDC Ltd has sold its 23.39 per cent stake in Southern Aluminium Pty Ltd to Citic Australia Pty Ltd, the Australian subsidiary of the China International Trust and Investment Corp, for an undisclosed sum. Other shareholders include project manager Comalco Ltd 62.78 per cent,69 words
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Article86 1991-06-13 4 TOKYO Japan's Mitsui Engineering and Shipbuilding Ltd said on Tuesday that it has won a US$l4 million order to build a power station in Taiwan. Mitsui received the order from China Synthetic Rubber Corp, Taiwan's largest carbon black maker, to construct the station which will generate86 words
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Article72 1991-06-13 4 TOKYO Citizen Watch Co Ltd expects group net profit of 17.50 billion yen in the year ending March 31, 1992, up from 17.13 billion the previous year, the company said yesterday. Citizen, Japan's second-largest specialised watch-maker, sees group current profit of 36.30 billion yen on expected72 words
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128 1991-06-13 4 NYT TOKYO Japan's leading home appliance makers are developing environmentallyfriendly refrigerator compressors that do not use chloroflourocarbons. Matsushita Electric Industrial Co Ltd and Matsushita Refrigeration Co have developed compressors that use hydrofluorocarbons instead of CFCs, according to a Matsushita Electric spokesman. Sanyo Electric Co Ltd hasNYT - 128 words
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336 1991-06-13 4 Quak Hiang Whai - Indonesian company has met JTC and SPECS Consultants B* Quak Hiang Whai SINGAPORE Indonesian conglomerate Lippo Group is keen to tie up with Singapore companies to develop industrial properties in Indonesia. Lippo deputy chairman James T Riadv told a press conference yesterday. Mr336 words
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Article, Illustration170 1991-06-13 4 TOKYO Nissan Motor Co has taken new steps towards making vehicles that are less damaging to the environment. The company, one of the Big Four Japanese car makers. has marked all parts of its new models that can be recycled. One such model, the Vannette Serena, has170 words
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357 1991-06-13 4 FT LONDON Glaxo Holdings, Britain's largest pharmaceutical group, is to sell its Cambois penicillin plant in Northumberland to the China Synthetic Rubber Co of Taiwan. The deal is believed to be the first step by any Taipei firm into European drug manufacturing. TheFT - 357 words
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159 1991-06-13 4 AFP BEIJING General Motors Corp of the US is negotiating with China's Gold Cup Automotive Co to jointly produce small trucks in China's northern Liaoning province. The joint venture will produce 50,000 one-tonne trucks a year at a plant in Shenyang, whereAFP - 159 words
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305 1991-06-13 4 Reuter WELLINGTON The public float of Telecom Corp of New Zealand Ltd is not being targeted towards stags seeking to sell their shares for a quick profit as soon as the company lists, the organisers of the float said. "People should not beReuter - 305 words
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158 1991-06-13 4 BANGKOK Goodyear (Thailand) Co has been given the green light to start a major expansion plan that will nearly double tyre output at its Bangkok factory, according to the Bangkok Post. The plan involves an investment of about one billion baht (about 5568.9 million).158 words
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Page 4 Advertisements
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Advertisement95 1991-06-13 4 j/ It could be a controversial deal between two stock I 1/ market stars, a thought-provoking report by Mj university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature95 words
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Advertisement268 1991-06-13 4 CHARLES STURT UNIVERSITY RIVERINA, AUSTRALIA sth Intake Commencing July, 1991 Charles Sturt University Riverina, one of the leading institutions of higher learning funded by the government in Australia, specialises in distance education. The degrees are fully accredited and recognised internationally. The B. Bus (Admin) programme is specially designed for students268 words
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INTERNATIONAL COMPANY NEWS
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Article, Illustration391 1991-06-13 5 Reuter LONDON Brent Walker Group pic# a heavilyleveraged leisure company on the brink of insolvency, faces a Friday deadline for £20 million (about 5559.6 million) of fresh bank facilities, according to bankers familiar with the firm. Brent Walker's banks were presented lastReuter - 391 words
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206 1991-06-13 5 Reuter NAARDEN, Netherlands Trading firm Hagemeyer NV is negotiating to acquire a majority stake in German electronics trading firm Froeschl Co and could opt for a share issue if the deal is concluded. "With the possible acquisition of a stake in Froeschl, Hagemeyer expectsReuter - 206 words
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375 1991-06-13 5 Reuter DUESSELDORF Operating profits at Germany's biggest steel maker Thyssen Stahl AG will fall 44 per cent in the 1990/91 year ending Sep 30, due to pressure on selling prices. Chief executive Ekkehard Schulz said on Tuesday that the Thyssen AG unit wouldReuter - 375 words
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291 1991-06-13 5 Reuter LONDON Big foreign exchange gains are expected to help offset a heavy interest bill when publisher Maxwell Communication Corp pic reports annual results tomorrow. Analysts' forecasts for pretax profit to end-March 1991 range from £140 million (about Ss4l7 million) to £166 million, againstReuter - 291 words
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COMPANY BRIEFS
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70 1991-06-13 5 HONGKONG British department store ehain Marks and Spencer pic is closing one of its five stores here because of soaring rents. Colin Buchanan, director of retail operations for the Far East, said that the Nathan Road store in the heart of the tourist district70 words
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Article59 1991-06-13 5 LONDON The French LVMH luxury products group has bid up to £10 per share to boost its stake of 23.4 per cent in the Guinness worldwide drinks group. Louis Vuitton-Moet Hennessy (LVMH) holds 211 million shares in Guinness, representing about 23.4 per cent of the equity,59 words
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Article64 1991-06-13 5 CHICAGO Sears. Roebuck Co has named Robert Abramson to the newlv-created position of senior vice-presi-dent (marketing and strategic planning for Sears catalogue and direct marketing). For the past two years, Mr Abramson was a partner in Communications Trends, a privatelv-owned publisher of newsletters, trade magazines and64 words
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Article84 1991-06-13 5 ESSEN. Germany German retailer Karstadt AG expects good profits in 1991 and a 12 per cent rise in group sales to around 18.8 billion marks (about 5518.9 billion) from 16.77 billion marks in 1990. In eastern Germany alone. Karstadt's new department stores would report a turnover84 words
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Page 5 Advertisements
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Advertisement15 1991-06-13 5 Lufthansa nonstop to Frankfurt, Europe, the World. 6 times every week. Lufthansa Reservations 737 922215 words
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Advertisement98 1991-06-13 5 I 1n*^* We Cover The Region. Every one of our 11 offices, located in 7 Asian countries, is staffed by a team of property professionals who provide specialist local knowledge and access to region-wide expertise IfcyJfcf i I \AM and resources. Contact your local Jones Lang Wootton office and JOT16S98 words
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FINANCIAL NEWS
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SMALL CHANGE
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90 1991-06-13 6 SINGAPORE-BASED Overseas Union Bank (OUB) and its subsidiary, the International Bank of Singapore (IBS), yesterday launched a new bank account exclusively for undergraduates of the National University of Singapore and Nanvang Technological University. The Multi Link Undergrad Account is a by-product of the group's90 words
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Article79 1991-06-13 6 THE BANK of Nova Scotia Asia Ltd, Singapore branch, has arranged a syndicated loan of US$ll.5 million (5520.5 million) for Thai-based Advance Enterprises (Phuket) Ltd for the construction of a beach resort at Panwa, Phuket, Thailand. The loan is non-revolving, and is for a period79 words
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Article70 1991-06-13 6 LONDON LOMBARD North Central pic, the finance house subsidiary of National Westminster Bank pic, made a pre-tax loss of £1.4 million (Ss4.l million) in the first half of this year compared with a profit of £23.9 million in the same period. It said on Tuesday that70 words
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Article86 1991-06-13 6 WINTERTHUR, Switzerland Winterthur Insurance Co says its main businesses developed well in the first five months of this year and it is confident its 1991 results will show an improvement from 1990. Chairman Peter Spaelti. in remarks released on Tuesday ahead of the firm's annual news86 words
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236 1991-06-13 6 Reuter WASHINGTON US Comptroller General Charles Bowsher said slower than expected sales of assets from failed thrifts is likely to push the cost of the savings and loan bailout above the maximum USSI3O billion (SS22I billion) estimated by the administration. Gen Bowsher,Reuter - 236 words
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320 1991-06-13 6 Reuter BRUSSELS EC stock market capitalisation and trading are dominated by a handful of companies, deterring many foreign investors, the Federation of Stock Exchanges in the European Community said in its 1990 annual report, released on Tuesday. "The limited number of Euro-equities withReuter - 320 words
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Article, Illustration381 1991-06-13 6 Maggie Ford - From Maggie Ford in JAKARTA NEW LAWS allowing Indonesian pension funds to invest in equities could give the Jakarta Stock Exchange a substantial boost by the end of the year, according to Marzuki Usman, chairman of Bapepam, the Indonesian Capital Market Supervisory Board. Mr381 words
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420 1991-06-13 6 Reuter j GENEVA Swiss private banks, which for centuries have discretely managed the fortunes of the very wealthy, must change to meet new competition and new client demands, private bankers say. "Competition is increasing, niche playing is increasing," Pierre Mirabaud, president of theReuter - 420 words
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Article175 1991-06-13 6 Reuter PROVIDENCE, Rhode Island Fleet/Norstar Financial Group said it reached an agreement with the Federal Deposit Insurance Corp (FDIC) to liquidate, collect and manage certain assets for the three Bank of New England bridge banks. It said it created a newcompany, Recoil Management Corp.Reuter - 175 words
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Article, Illustration276 1991-06-13 6 Reuter WASHINGTON US commercial banks made profits totalling USSS.7 billion (559.7 billion) in the first quarter of 1991 compared to profits of US$l.l billion in the fourth quarter of 1990. the Federal Deposit Insurance Corp said. Although the profits were higher thanReuter - 276 words
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350 1991-06-13 6 Reuter WASHINGTON Federal Reserve chairman Alan Greenspan says the US cen- tral bank has "serious concerns" about a TreasuryDepartment proposal that would require foreign banks to establish financial service holding companies and operate their banking services through separate US subsid- iaries. The Treasury proposalReuter - 350 words
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Page 6 Advertisements
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Advertisement261 1991-06-13 6 The First Ever Exhibition on Image And Information Management Technology In The Region AIM 1991 Asia Pacific Image Information Management Conference Exhibition 13 14 June, 1991 Marina Mandarin Hotel Singapore Come and see revolutionary information technology that will affect the way your organisation works, competes, organises, and conducts business in261 words
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Advertisement719 1991-06-13 6 CSA HOLDINGS PTE LTD (Incorporated In Singapore) NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held on Saturday, the 15th day of June 1991 at 11 00 a.m .at its registered office, Block 2038 Henderson Industnai Park #12-07/14, Singapore 0315, for the purpose of719 words
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Page 6 Miscellaneous
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Miscellaneous28 1991-06-13 6 Dollar$ Non$en$e l\v f m J'= mmmte JI LLM ./nVAi v i H- 1 -i- "Long-term. I like bonds; intermediate-term. I like equities; and short-term. I like scotch."28 words
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THE REGION
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Article, Illustration466 1991-06-13 7 David Chew - By David Chew SINGAPORE Several prominent British companies have rated South-east Asia as a top investment region whose long-term potential is reflected in its strong economies. Considered Britain's "most admired companies" in a survey commissioned by The Economist, the firms recently gave466 words
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258 1991-06-13 7 AP PRETORIA A diplomatic storm broke yesterday between Australia and South Africa after Australian Foreign Minister Gareth Evans accused the police of turning a tour of black squatter camps into a "circus". South African Foreign Minister Pik Botha warned that Mr Evans'AP - 258 words
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164 1991-06-13 7 AFP IAIPEI Fifty-four lawmakers have demanded that the government bar US companies from tendering for Taiwan's US$3O2 billion (*****.6 billion) six-year development plan, parliamentary officials said yesterday. The lawmakers urged the move because of American reluctance to sell advanced weapons to Taiwan,AFP - 164 words
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Article, Illustration445 1991-06-13 7 AP KANSAS CITY American businesses must compete in international markets for the US to maintain its status as a superpower, says an international consultant and former American ambassador. "The motto of the French Foreign Legion was 'March or Die,'" said John HoldridgeAP - 445 words
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NOTE BOOK
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74 1991-06-13 7 KUALA LUMPUR Malaysia is moving towards rapid expansion of its liquefied natural gas production that is already expected to rise to 8.06 million tonnes this year, 20 per cent up from 1990. Syed Hamid Albar, Minister in the Prime Minister's Office, who oversees the74 words
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Article71 1991-06-13 7 SYDNEY Australian Prime Minister Bob Hawke's leadership clash with former treasurer Paul Keating has boosted his sagging popularity, according to an opinion poll released yesterday. Mr Hawke's approval rating in a Morgan Gallup poll taken on the eve of his June 3 showdown with Mr Keating showed71 words
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Article94 1991-06-13 7 HONGKONG A fresh round of Sino-British talks on the handover of Hongkong, which started here on Tuesday, was expected to prove futile amid a continuing deadlock over the British colony's airport plan. The latest meeting of the Joint Liaison Group, a bilateral diplomatic body set up to oversee94 words
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Article73 1991-06-13 7 MANILA Hundreds of American servicemen ran for their lives yesterday when a volcano towering near a US air base in the Philippines exploded. A spokesman at Clark Air Base said all were safe and at least 900 Americans remained to protect the sprawling facility, headquarters of the73 words
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Page 7 Advertisements
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Advertisement15 1991-06-13 7 Lufthansa nonstop to Frankfurt, Europe, the World. 6 times every week. Lufthansa Reservations 737 922215 words
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Advertisement56 1991-06-13 7 EST Toughest jlfp Decision fir I makers||P* Omni® Marco polo Hotel SINGAPORE <*> my (or all) of the thirty dishes on the business lunch menu for just $39~ sual elegance and in plenty of time for you to get back to the office. A v O M I HOTELS ASIA•r56 words
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THE WORLD
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WORLD WATCH
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81 1991-06-13 8 WARSAW Poland has asked its Western government creditors to reduce its US$33 billion (SSSB 7 billion) official debt by a further 10 per cent and put the money into a fund to clean up the country's environment. Prime Minister Jan krzvsztof Bielecki told81 words
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Article90 1991-06-13 8 WARSAW Polish President Lech Walesa urged Prime Minister Jan Krzvsztof Bielecki on Tuesday to use decrees if necessary to speed up Poland's transition to a free-market economy. It was not immediately clear whether Mr Bielecki supported the initiative, which would require parliamentary approval. Legislative leaders90 words
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Article74 1991-06-13 8 BRUSSELS The European Commission has ordered Britain to explain why attempts by foreign state-owned companies to buy British companies have been frustrated far more often since a recent change in policy there. In a letter sent to the British authorities on Tuesday, the Commission74 words
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Article106 1991-06-13 8 MOSCOW Voters in the Russian Federation, the most powerful of the 15 Soviet republics, began voting yesterday in the first direct elections for an executive president in a clear-cut race between radicals and old-style communists. Reformer Boris Yeltsin is widely expected to win the poll and106 words
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Article76 1991-06-13 8 NEW DELHI The second phase of India's staggered general elections, postponed by former premier Rajiv Gandhi's assassination, began yesterday on a dull note due to inclement weather in many parts of the country. The nationwide 10-hour balloting began at 7am loeal time amid tight security76 words
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315 1991-06-13 8 Reuter WASHINGTON Brisk demand overseas for USmade products has been a bright spot in the economic gloom since recession set in last July and most analysts say the glow will continue. In fact, some see a good chance for the United StatesReuter - 315 words
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Article, Illustration465 1991-06-13 8 US shows first quarterly current account surplus in nearly 9 years FT AP WASHINGTON US President George Bush told businessmen on Tuesday that he is "bullish" about prospeets for the Ameriean economy. While some sectors were still sluggish, on the whole, a turnaroundFT; AP - 465 words
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Article, Illustration395 1991-06-13 8 FT LONDON The European Bank for Reconstruction and Development has advised the Soviet Union that it should act within six months to stabilise its economy and begin a big shift in activities towards the private sector. The recommendations are part of a programmeFT - 395 words
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Article, Illustration185 1991-06-13 8 AP WASHINGTON The US and Japan have signed and exchanged notes finalising a new five-year agreement aimed at boosting to at least 20 per cent the foreign share of the Japanese computer chip market by the end of next year. aria Hills, theAP - 185 words
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190 1991-06-13 8 IHT WASHINGTON The Central Intelligence Agency has publicly distanced itself from a bluntly-worded report it commissioned that casts Japan as a nation bent on "unequivocal economic dominance" of the world. The agency said on Tuesday that the unclassified report, Japan 2000, did not reflectIHT - 190 words
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253 1991-06-13 8 Reuter WASHINGTON US President George Bush has agreed to let the Soviet Union purchase up to US$l.5 billion (552.7 billion) worth of American grain on credit and may now be close to a decision on whether to grant Most Favoured Nation trade privilegesReuter - 253 words
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366 1991-06-13 8 Reuter MOSCOW Soviet Prime Minister Valentin Pavlov on Tuesday painted a devastating picture of economic chaos sweeping the Soviet Union and said the country was on the verge of a "make-or-break" situation. In an unscheduled appearance before Parliament. Pavlov saidReuter - 366 words
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571 1991-06-13 8 NYT TOKYO American coinpanics operating in Japan say they face far fewer trade restrictions than in previous years, a long-awaited Ameri-can-sponsored study released on Tuesday concludes. Surprisingly, it also says they often benefit from Japan's much-criticised practice of organising companies in tightlyNYT - 571 words
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Page 8 Advertisements
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Advertisement128 1991-06-13 8 CRUISE-TO-NOWHERE JUNE SCHOOL HOLID/ff SPECIALS! SUPER SAVINGS: 50% DISCOUNT for child I 2D Cruise-to-Nowhere c;- AA Dep June 13,20 &27 ®2UU ■jP 3D Weekend Cruise-to-Nowhere M U Pep June 14.21 A2B w 5 390 Fintdassanwnitfc onboard:* Casino-Blackjack, Roulette, Baccarat Karaoke Disco Jacuzzi Sauna P R I N C E S128 words
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Page 9 Advertisements
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Advertisement34 1991-06-13 9 J&s?< M KSotSmL ;C TAG H h SWISS MADE SINCE 1860.' 1 *i 11 j| iliilii TAG-Heuef and Formula 1 World Champion Constructors j McLaren International are part of the TAG Group. 1§ a34 words
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Article484 1991-06-13 10 EDITORIAL ONE MORE symbolic wall looks ready to crumble soon. And when it does, big money will cascade through it to the private sector in a bigger way. And then, the World Bank which is now restrained by its charter from lending to the private484 words
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WHAT THE OTHERS SAY
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Article253 1991-06-13 10 ACTION taken by the Stock Exchange of Singapore on United Industrial Corporation has attracted criticism both for being too lenient on the parties responsible and too harsh on minority shareholders. The critics are both right and wrong. They are right that punishment meted out does not253 words
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Article125 1991-06-13 10 Mendaki a flying start WITH MORE than 523 million raised in just a month, Mendaki's unit trust fund is proving to be a success in getting the Malays to invest in business. More importantly, it clearly proves the confidence placed by the community on Mendaki. The overwhelming response from the125 words
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Article156 1991-06-13 10 TWO proposals on COEs have been put forth: the first is to make them both transferable and nontransferable while the second is to make all COEs non-transferable. If we want to retain certain advantages of the existing system and, at the same time, to effectively curb speculation, the156 words
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REGIONAL VIEWPOINTS
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Article148 1991-06-13 10 AGGRESSIVE foreign borrowings of the private sector in Indonesia have been prompted by the tight monetary policy introduced last year to prevent the economy from overheating and to curb the explosive growth in bank lendings. The problem, though, is that the world's economic situation remains uncertain. If148 words
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Article193 1991-06-13 10 WHILE the government welcomes Taiwanese investors with open arms, concern is coming to the fore over the spread of foreign investments in Malaysia. As of last year. Taiwan accounted for 45.1 per cent of total foreign investments in Malaysia, with Japan having a 16.7 per cent share.193 words
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Article132 1991-06-13 10 WHILE many underlying problems of the volatile Middle East remain, parts of the region, especially Lebanon, have begun to enjoy a period of welcome relief from slaughter and tumult with President Elias Hrawi declaring an end to 16 years of civil war last December. Why then132 words
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Article, Illustration1161 1991-06-13 10 Rahita Elias - Rahita Elias, who was in Bangkok recently, finds much optimism over the new port. This is the third article in a series of BT features on Thailand Rahita Elias THE Port Authority of Thailand's (PAT) aspirations for the country's newest sea gateway at Lacm1,161 words
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Page 10 Advertisements
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Advertisement71 1991-06-13 10 SINGAPORE Sembawang tomorrow's superstar MNC? I Batam s bi 9 believer The tempting food business IS Scotts group's growing pains Charcoal sweat-ships B'jMlSi/* #(n searC h of a green life r Jjffß Investment spotlight on Jardine Matheson and United Industrial Corporation <^pi'5 june 1991 $4 *'-.Ya f .lllil I■»V 171 words
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Page 10 Miscellaneous
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Miscellaneous42 1991-06-13 10 DOONESBURY BY GARRY TRUDEAU HI HI BACK' U/£U-,HE KMSWMYUJORJt H3 AIQ nifjpf: HOiu'P 7H& SAiPHemiPLYRXAUWW f a CO MMON 7HRSAD THAT neDtsPtSU> r' v miBR- P&6ANSPOTS,TheaGMSrrB THtM au. r JL VtEWGO* SPOK.ANPTHeUNtVHSAIPem I WTSO w ST; w 1 I, Jt y <t\42 words
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ANALYSIS
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Article, Illustration1177 1991-06-13 11 Salil Tripathi - The Sultanate of Oman is cautiously industrialising to lessen its dependence on oil. Its new bourse is creating quite a bit of a stir and tourism is being promoted, although only those with bulging wallets are preferred. Salil Tripathi, who was in Oman1,177 words
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Article, Illustration575 1991-06-13 11 CLEAR water, sandy beaches, ancient forts, imposing mountains, exotic bazaars, and a hotel like Al-Bus-tan, which some regard as the best in the world. It seems Oman has everything to offer the tourist. But like everything else about its opening up. Oman is575 words
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Article, Illustration755 1991-06-13 11 IT IS 9.50 in the morning and four boys are feverishly wiping away the Big Board clean of yesterday's scores. Brokers arrive at 10 and begin dealing with quiet politeness. There arc no expletives that a feverish Sherman McCoy would utter on Wall Street.755 words
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Page 11 Advertisements
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Advertisement15 1991-06-13 11 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times15 words
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ADVERTISING AND MARKETING
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Article798 1991-06-13 12 Corinne Kerk - Corinne Kerk finds out more about a strategic advertising tool that invites the target audience to respond to specific sets of information regarding clients' products Corinne Kerk Tearing your hair out because next to the brand name, consumers know almost nothing about your products? If so, then798 words
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Article, Illustration609 1991-06-13 12 AP HOW about a nice, refreshing drink of Mucos? Or a tall, cool glass of Pocari Sweat? Or maybe some pcach-and-green pepper juice? In the world of Japanese sort drinks, the big US cola companies are fighting a high-stakes battle for aAP - 609 words
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378 1991-06-13 12 Yeep Wai Ban - By Yeep Wai Ban THE recent strategic alliance between PepsiCola International (Asia-Pacific) and Warner Bros is the largest marketing campaign ever done for Mirinda. Pepsi-Cola's flavour drink brand. The company has undertaken the project to re-launch Mirinda which, marketing manager Kevin Lim felt, has378 words
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Article183 1991-06-13 12 AN OFFICIAL 140-page calendar for the forthcoming "Visit Asean Year 1992" will be produced by top New York-based travel photographer. Danielle Hayes. Fif-ty-three striking colour photographs taken by Hayes will highlight the exotic people, places, food and festivities found in the Asean region, which is being billed as183 words
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Article, Illustration498 1991-06-13 12 Said Abdullah - Expression Slim Fit Studio is launching a more than 1 million promotion exercise. Said Abdullah has the details Said Abdullah ONE of the fastest growing slim-fit centres here is to launch a more than $1 million promotion exercise that includes a new image and aggressive expansion here498 words
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276 1991-06-13 12 A LITTLE of the famous Parisian ambience will be re-created later this month at the Oriental Ballroom for the exhibition, Le Journees Du Prestige. The exhibition, which showcases French luxury goods, is a "non-commercial way to promote products", said Nicolas Orlowski, the creator and276 words
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Page 12 Advertisements
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Advertisement191 1991-06-13 12 mfffh\il irwlvllllli M\ The money coupon below is worth m> lifljw VM 1111 l 'j $20,000 in our BT Investment Race I' m |T ji Contest #3. Cut it out and collect the W//W 1 I Mof IT f KRr'' daily-fromJune lOto 14,1991 for ff( I I 3 tot 3'191 words
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Advertisement37 1991-06-13 12 Kills ants in the nest! FIR ST TI M E I N SINGAPORE Effective, Safe, Reliable Proven Diitribuud by: j i MICHAEL MARKETING 1 Tel: 344-1081 Available at all Cold Storage Supermarkets Guardian Pharmacy S^ 40 S37 words
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SPORTS
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Article, Illustration425 1991-06-13 13 AFP CHASK.A, Minnesota Seve Ballesteros credits a new driver for bringing him out of a prolonged slump, but it is the Spaniard's refound confidence that has his fellow competitors worried. "He's the hot man at the moment," said Britain's Nick Faldo. "Obviously, he's playingAFP - 425 words
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624 1991-06-13 13 Reuter STOCKHOLM Soccer fans at next year's European championship finals could face the stark choice between staying in a lush 18th-century park if they behave and a mental hospital if they don't. The organisers' carrot and stick approach is illustrated by preliminary plansReuter - 624 words
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275 1991-06-13 13 Reuter NEW YORK World heavyweight champion Evander Holyfield's promoter won a purse bid on Tuesday to promote a Holyfield-Mike Tyson title fight and said he would name a date and site for the bout later this week. But whether Tyson would actuallyReuter - 275 words
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Article, Illustration455 1991-06-13 13 AP WIMBLEDON Jimmy Connors, twice Wimbledon men's singles champion and four times runner-up, is still waiting to learn whether he will receive a wild card entry for this year's championship. Five of the eight men's singles entries on offer were handed out by theAP - 455 words
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SIDE LINES
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98 1991-06-13 13 LONDON Former world No 1 Mats Wilander suffered knee injury and went out in the first round of the USsslB,tK> Stella Artois grass-court championships at Queens Club or Tuesday. Wilander, the 11th seed, playing with a large bandage around his left knee, lost 6-4,98 words
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Article59 1991-06-13 13 EDGBASTON, England Brenda Schultz needed just 62 minutes to eliminate lOth-seeded Claudia Kohde-Kilsch in a women's grass-court tennis tournament on Tuesday. KohdeKilsch, a German, lost 6-4, 6-1 to Dutch player Schultz. Matches had to be moved indoors for much of the day because of a heavy rain59 words
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Article125 1991-06-13 13 FORT LAUDERDALE The PGA's Honda Classic announced on Tuesday that it will move from the Tournament Players Club at Eagle Trace, its much-maligned home of the past eight years, to the new Weston Hills Country Club. The US$l million tournament came under attack from many professionals last125 words
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Article75 1991-06-13 13 ROSMALEN, Netherlands Andrei Olhovski of the Soviet Union upset top-seed Guy Forget 6-3, 4-6, 6-1 on Tuesday at the Continental Grass Court Trophy tournament. Olhovski is ranked 127 th by the ATP and Forget is ranked seventh. "1 didn't believe it until I won the last point,"75 words
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Article106 1991-06-13 13 NEW YORK The top Americans in track and field will compete this week at the national outdoor championships for spots on the US team for the World Championships in Tokyo next month. Carl Lewis, Jackie Joyner-Kersee, Leroy Burrell, Mary Decker Slaney and Butch Reynolds will be106 words
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Article, Illustration1228 1991-06-13 13 NYT NEW YORK Could it bethat the best of Jackie Joy-ner-Kersee is now recalled from memory? She has been regarded as the finest female athlete of the United States for so long that merely suggesting the possibility might well be considered folly. Nowhere in theNYT - 1,228 words
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Page 14 Advertisements
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Advertisement939 1991-06-13 14 WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE GENUINE PENANG FARE LET OUR PENANG CHEF INTRODUCE HER NEW RECIPES AT THE NEWLY RENOVATED PRINCESS TERRACE CAFE THE PLACE FOR AUTHENTIC PENANG SPECIALITIES. A RENDEZVOUS FOR FINE MEALS AT CAFE PRICES. OR LIGHT939 words
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Page 14 Miscellaneous
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Miscellaneous790 1991-06-13 14 TELEVISION AND RADIO lVlnnctAfc cmH miicir* ma i ».oo business ON RAOKT JIT MAJ Alk3lV/JL l 3 ClllvL limijlv 9.45 Jake and the Fatman Only 7.30 Rude Dog And The Dweebs. 700 AM CNN International (I.). You (Stereo). Jake and the ggo News(M) BBC, 89.9 mHz in VHF Band II790 words
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LIFESTYLE
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Article, Illustration761 1991-06-13 15 Richard Bernstein - Richard Bernstein talks to an emotionally-schizoid Lena Olin Richard Bernstein NYT THE FIRST thing you notice about Lena Olin, the Swedish actress who is in New York these days for three performances of Strindberg's classic play Miss Julie, is her handshake, firm, warm, veritably muscular. Then, thereNYT - 761 words
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988 1991-06-13 15 John Tierney - John Tierney finds out why high technology and the English language are the crux of a heated debate John Tierney NYT IN THE Bth century, an English monk named Alcuin, backed by an edict from Charlemagne, established the laws of grammar for scribes acrossNYT - 988 words
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Article, Illustration703 1991-06-13 15 CHATTERBOX SWEDISH film director Ingmar Bergman and the Polishborn painter, Balthus, were among five winners on Monday of US$lOO,OOO (S$ 176.000) awards for lifetime excellence in the arts. Administered by the Japan Art Association, the Praemium Internationale awards are considered in some circles the703 words
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Page 15 Advertisements
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Advertisement241 1991-06-13 15 AND ENTERTAIN There's No Beefing About It. From 1 June to 30 June 1991 *>'; qi Our U S prime rib of beef is as good as ever. An excellent dinner choice carved right at your table and served with braised onions, baked idaho potatoes and a crisp caesar salad.241 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration5024 1991-06-13 16 Chew Eng Han - By Chew Eng Han HOTEL STOCKS mostly traded lower yesterday despite a 5.06-point gain in the Straits Times Industrials Index, which ended the session at 1.543.37. The ST Hotels Index slipped 3.89 points to close at 1.062.93. Dealers attributed the weakness in hotel5,024 words
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Article4162 1991-06-13 17 Main Board SIA Foreign 1 960 20 +1 .0% SPH Foreign 1330 +20 +1.5% Jurong Ship50* 910 +20 2 2% UOB Foreign 755 +20 +2.7% CAC 595 <-15 2.6% Kcppel C Wrts 505 H5 3.1% Jurong Fng50* 350 12 3.6% GF. Life 1470 *10 0.7%4,162 words
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BT SHARE INFORMATION SERVICE
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Article413 1991-06-13 18 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Gnnd Central lun II Dec 90 $U.060($5 165) 17?(8 1 > 5i5) Guthrie GTS tun 11 Dec 90 $5.144($6b6! 29(05) 2<-) SPP lun 11 Dec 90 $1,261 (J2.532L) 18(-) -< Tjar413 words
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Article152 1991-06-13 18 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) GB Hldgs Jtin 10 Mar 91 $9,951 ($13,105) 9 9(13 ?a> 10TE(lOTEa MAA Jun 4 Dec 90 M$2.016($839) 4 5(1 5) Vlurata May 31 Mar 91 51.552f(41 687t) 135 3(85 6a.152 words
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Article157 1991-06-13 18 company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Pacific Can Jun 3 Mar 91 $30l$68l) Van der Horst Jun 3 War 91 $1,517(11.836) hi Kepong May 31 Mar 91 M$45 437 ($54,588) NYA(5) Wearnes May 29 Mar 91 S21.878($28,406) 7(7) UC May 17 Mar157 words
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Article458 1991-06-13 18 June 11 Guthrie GTS newly-formed subsidiary, Guthrie CMS, has secured projects worth over $?60. in Indonesia Orchard Parade Holdings subsidiary. First Choice Properties Pte Ltd, has increased its authorised, issued and paid-up capital from $25,000 to $13m and $2 to $12,083 m respectively June 10 Inchcape Bhd has458 words
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Article1107 1991-06-13 18 Current Ex Books Date Total for Total for payment date close payable the year last year Acma 5%TE Ion 5 iun 17 Jul 1 10"® It AMFP NvAie) iun 19 U 4 Aug 15 NY A 28c Bolton 10% Jun 21 Jul 8 NYA 10% 5% I Bousteadco1,107 words
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Article935 1991-06-13 18 Main Board Last Full Year Company Penod Date Year Net EPS Gross Net announced endrg (cents) 4* profit last year (J'000) Cerebos Interim Apr 27 Jul 91 12 6 20 OTE(a) 38 911 Spore Land Interim Way 4 Dec 91 12.6 10 0 44 641(g) Avimo Interim Jun935 words
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Article430 1991-06-13 18 Company Rights Issue Alcom One for-two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares (CRPS) of MJO10 each at MSI per share with 10m detachable TSR on the basis of 1 CRPS with 1 TSR fof every 4 CRPS Ei-date kin 7 Books close Jun430 words
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Article954 1991-06-13 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share Btrwi Wt Before 30 6 94 1 warrant plus HKJ1 (X) cash C1C Wt Before 26 4 93 1 warrant plus $3 09 cash. Causeway Loan Causeway Wt 2 10 89 to 20 10 94 1 warrant plus954 words
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Article1058 1991-06-13 18 Prices as at 12.06 91 j Conversion terms Premium/ Expiry 1 I r -T (discount) r -1—'} Amount Optional* using issued Company (mil Wrts Share Loan Conv Exer Lnstk Cash Cash, Loan Date Mths units) I stock ratio price nom Stk 2 j Left value S1,058 words
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Article501 1991-06-13 18 Company Rights Issue Bofton One for four M$2 00 per share Issue of $90 978m nominal amount of 3 Yo Redeemable Unsecured Guaranteed Bonds 1991 with *5 489m detachable warrants on the basis of 12 nominal amount of Bonds for every three shares held Every $2 nominal amount501 words
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Article217 1991-06-13 18 Bedford Bhd: 67th AGM at the Conference Room, 14th Floor, Bangunan Hong leong, 117 Jalan Tun HS Lee. ***** Kuala Lumpur on Thursday, Jun 13, at 2 30pm Berjaya Corpn (M) Bhd: EGM at the Banquet Room, Kelab Darul Ehsan, Taman Tun Abdul Ra;ak, Jalan Ker|a Air Lama.217 words
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Page 18 Advertisements
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Advertisement34 1991-06-13 18 READ C H A R T P 0 1 N T EVERY S A T U R D A Y IN B U 9 I N E S S T I M E S34 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4329 1991-06-13 19 Bernama SHARE PRICES finished mixed in moderately active trading yesterday after profittaking and a lack of followthrough support offset earlier buying. After reaching 625.14 in the morning, the KLSE Composite Index fell back to 623.96. up 2.25 points, while the Industrial IndexBernama - 4,329 words
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Page 19 Advertisements
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Advertisement27 1991-06-13 19 SINGAPORE hb ■■■■■I ...n a I w w < lllll T^yßßßßßßßiHßßßßißßHßßl^BriT^3K^TßMr^>^«W l lMßrnß P .xi \v jut '*Cy JKfl X I Jnl I g V OA# SALE k27 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2188 1991-06-13 20 Reuter TOKYO STOCKS closed lower yesterday as a weak yen and soft bond markets along with arbitrage unwinding pulled prices down from mid-morning. Rumours, later denied, that a finance company faced bankruptcy and that prosecutors had raided a brokerage hurt prices in lateReuter - 2,188 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration1965 1991-06-13 20 Reuter AFP HONGKONG stock prices yesterday ended narrowly weaker in extremely thin trading with the blue-chip Hang Seng Index down 3.58 points to 3,627.90. "There was a definite absence today of any institutional interest, either local or overseas," James Osborn, assistant directorReuter; AFP - 1,965 words
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Page 20 Advertisements
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Advertisement10 1991-06-13 20 Managers must manage. Business Times shows you how every Monday.10 words
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REGIONAL STOCK MARKETS
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Aussie shares surge as confidence returns
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Article871 1991-06-13 21 AUSTRALIAN share prices closed firmer yesterday as investor confidence returned to the Australian stock market. But brokers sa»d the recovery was restricted to local buying, with offshore investors remaining in hibernation. Fledgling confidence in Australia s new Treasurer John Kerin combined with strong performances in London and New York871 words
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Article156 1991-06-13 21 INDIGESTION from cash issues and placements again took its toll on leading New Zealand shares, with most stocks slipping on a general lack of support. "Really there were a few people surprised that it held up like it did earlier this week." said Peter Haltigan of Buttle Wilson.156 words
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Article822 1991-06-13 21 SHARE PRICES rebounded 0.1 per cent in thin trading on the Thai stock market yesterday with the Securities Exchange of Thailand (SET) Index rising 1.28 points to close at 814.69. "The market was weak as there was no further development regarding the US$4 billion telephone project," said a broker822 words
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Article1115 1991-06-13 21 Jakarta Rupiah VoHDO) June 12 Abda 2100 Ahap Insurance 4300 Alumindo Perkasa U 4150 unch 50 Aqua Golden Missisip 9800 Argo Pantes 7350 100 1050 Aster Jawa 2000 Astra Graphia ***** unch 5 Astra Int'l Inc ***** 50 485 Asuransi Bintang 7950 Asuransi Das in Mitra 7000 Asuransi Jiwa Panin1,115 words
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Article883 1991-06-13 21 SEOUL STOCKS continued to rise for the third consecutive day on news that a financing house will issue bonus shares later this month, brokers said. The company's shares hit their upper limit. Korea Investment and Finance Corp. South Korea's leading short-term financing house, announced it has decided to issue883 words
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Article522 1991-06-13 21 TAIWAN share prices finished lower across the board as sentiment turned gloomy when slight gains in financials failed to lead other sectors higher. The Weighted Index lost 97.18 points or 1.7 per cent to finish at 5,753.98 compared with Tuesday's 5,851.16 close. Turnover was a sluggish NT534.5 billion against522 words
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Article142 1991-06-13 21 SHARE PRICES on Tuesday improved in light trading when the Bombay Stock Exchange (BSE) reopened after a day's closure, but the undercurrent was hesitant, brokers said. The BSE Index recovered 13.33 points to 1,261.64. The national index was not available. The brokers said the upbeat market was aided by142 words
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Article94 1991-06-13 21 INDICES TURNOVER (W June 12 I'reviotis SYDNEY All Ordinaries Index All Industrials Index Ml Resources Index turnover (million) 1 500 2316 6 875.0 106.73 I486 0 2297.0 865.6 ***** 14 19.6 '1 4 -12 3 BANGKOK SKT Index Turnover (million baht) 814 69 2.700 813.41 3.200 1 28 -500 JAKARTA94 words
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383 1991-06-13 21 In local currency In S$ In US$ day S >ear day S year S day S year June 1! Index change change change changichange change World 411 8 0.7 15.0 0.4 ng 0.5 8.6 fEAFE 537.5 0.5 144 0.5 7.2 0.5 46 Europe 441.0 0.8383 words
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Page 21 Advertisements
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Advertisement17 1991-06-13 21 l he Manila market was closed yesterday for Independence Day holiday The Jakarta report was not available17 words
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WORLD STOCK MARKETS
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Dow briefly breaches 3,000 mark again
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Article, Illustration1194 1991-06-13 22 AFTER briefly surpassing the 3,000 barrier on Tuesday morning, the Dow Jones Industrial Average ended the day with a gain of 10.51, to close at 2,985.91. Volume on the New York Stock Exchange rose to 161.6 million shares from 127.7 million on Monday. While 865 issues advanced and1,194 words
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Article227 1991-06-13 22 GERMAN SHARES gave up some of the early gains as buying interest petered out in the course of the Tuesday session, but still ended broadly firmer. The 30-share DAX Index chalked up a 10.88-point gain to end at 1,715.80. "Volume tapered off as demand was being satisfied," said a227 words
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Article381 1991-06-13 22 DUTCH SHARES on Tuesday ended a listless session mixed to firmer as a stronger performance on Wall Street provided upward momentum towards the close, traders said. "Everybody is searching for news that will move the market. As long as the Dow Jones doesn't sink too far below the 3000-level,381 words
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Article121 1991-06-13 22 Brussels June II Francs FORWARD MARKET Acec 2630 5 Arbed 4460 40 Astur 1032 8 Brascan 608 6 C'anpac 624 4 Cock 190 I De Beers 852 22 Fbes 84<X) Gb-Inno-Bm 1396 16 Gevaert 7110 30 Gr Bru Lamb 3790 10 Hobok Fetro ***** 100 Ryl Dutch 2905 10 Sidro121 words
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Article, Illustration733 1991-06-13 22 SHARE PRICES finished sharply higher on London's Stock Exchange on Tuesday, boosted by a good performanee on Wall Street and hopes for a eut in British interest rates. The FTSE 100-share index rose 30.7 points, or 1.2 per cent, to close at 2,542.6. The FTSE 30-share index closed at733 words
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Article154 1991-06-13 22 FRENCH SHARE prices, encouraged by Wall Street's gains, broke through a key resistance point on Tuesday to finish an active session at a new 1991 closing high. The CAC-40 Index ended up 28.56 points or 1.55 per cent to 1,874.81, its highest close this year and just short of154 words
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Article311 1991-06-13 22 SWISS SHARES on Tuesday closed little changed in lacklustre trading. Brokers said Wall Street's firmer opening lifted sentiment slightly in the after- noon session. The all-share SPI Index, which had traded in a narrow range of two points all day long, edged up two points to 1,117.0. The SMI311 words
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Article239 1991-06-13 22 ITALIAN STOCKS on Tuesday closed slightly lower in technical trading ahead of the expiry of monthly options contracts yesterday and the end of the June bourse account tomorrow, brokers said. The MIB share index fell 0.34 per cent to close at 1,180. "(Monday's) strike seems to have slowed the239 words
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Article466 1991-06-13 22 IN JOHANNESBURG, gold shares gave up their early gains on Tuesday afternoon as investors decided to take some profits in the absence of any further upswing in world bullion prices. However, good support remained evident amid feelings that gold prices may head still higher after breaching the US$37O an466 words
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Article420 1991-06-13 22 Agencies TORONTO STOCKS closed flat in listless trade on Tuesday after shuffling within a narrow 10-point range most of the day, dealers said. A number of new issues hitting the market attracted many investors away from the secondary market, they added. The TSE-300 ended up 2.97 to 3,572.25, withAgencies - 420 words
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Article84 1991-06-13 22 INDICES TURNOVER June 11 Close Previous NEW YORK Dow Jones 2,985.91 2.975 40 +10.51 NYSE Financial 154.52 154.31 +0.21 S&P 500 381.05 378.57 2.48 Turnover (million) 161.6 127.7 33.9 LONDON Financial Times 30 1,999.1 1,972.4 26 7 FTSE 100 2.542.6 2.511.9 30.7 Turnover (million) 510.8 373.1 137.7 AMSTERDAM CBS Tendency84 words
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Page 22 Advertisements
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Advertisement34 1991-06-13 22 For Home or Office deliveries of: Business Times, Straits Times, Sunday Times, LianHe Zaoßao. Berita Harian, Berita Minggu, Shin Min, LianHe Wanßao call our Hotlines 740-1839, 740-1840: On target, chartpoint in BT on Saturday34 words
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CURRENCY, MONEY & FUTURES MARKETS
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1147 1991-06-13 23 REPORTS AS,A TOKYO: The US dollar yesterday closed higher against the yen but steady versus the mark. Yen sentiment had turned sour by midday on declines in local stock and bond markets. It teetered near 141.50 yen for most of the1,147 words
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Article414 1991-06-13 23 Cross rates June 12 USS S$ MS Dm Yon Sir AS N/S USS 1 7805 2.7780 1.7730 141.20 0 6026 1.5145 1.3236 1.7452 SS 0.5616 1 5602 0 9958 0.7930 0 3384 0.8506 0.7434 0 9802 MS 0 3600 64.09 0.6382 0 508 3 0.2169 0.5452 0414 words
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Article530 1991-06-13 23 Interbank rates SS Rid Offer Overnight 5 5 1 /8 1-month 5 5/16 5 7/16 2-month 5 7/16 5 9/16 3-month 5 9/16 5 11/16 Overnight mode: 5 IS* Kid Offer 7 days 5 15/16 6 1/16 1 month 6 1/16 6 3/16 2 months 6 1/8 6530 words
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415 1991-06-13 23 FT TOKYO The Japanese financial authorities on I uesday welcomed indications that the country's economic growth was starting to slow, a trend which should allow them greater scope in interest rate policy. With growth still at a high level, however, the signalsFT - 415 words
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226 1991-06-13 23 Reuter TAIPEI Sales of Taiwan government bonds, once avidly sought by domestic investors, are slumping as many institutions and individuals shun new issues. "The supply of bonds is too large and the yields are not attractive enough to draw buyers." said Chen Chi-chu, vice-presidentReuter - 226 words
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Article1207 1991-06-13 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Jun 91 76 93.76 93.75 93.76 U?5 ***** l%2 Sep 91 93.43 93.44 93.40 93.43 8000 ***** 4950 Dec 91 9">83 92.83 92.79 92.83 4055 ***** 2782 Mar 92 92.6! 92.62 92.57 92.61 1089 8130 1173 Jun 921,207 words
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Page 23 Advertisements
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Advertisement7 1991-06-13 23 Innovation Technology in Business Times on Tuesday7 words
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COMMODITIES
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447 1991-06-13 24 Shoeb Kagda - By Shoeb Kagda SINGAPORE Malaysia, the world's largest producer of crude palm oil (CPO), is expected to post much higher production figures this year as compared to previous years as a result of higher yields from younger trees. Market watchers predict447 words
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227 1991-06-13 24 Reuter SYDNEY High-yielding cotton plants that produce their own insect repellent have been developed by Australian researchers who say the strains may need little if any insecticide. Scientists at Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Canberra said that using genes fromReuter - 227 words
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835 1991-06-13 24 REPORTS THE PRICE of tin recovered nine sen to MS 15.55 per kg on the Kuala Lumpur Tin Market yesterday on some good buying support. Dealers said the metal had risen US$35 per tonne on the London Metal Exchange overnight as835 words
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Article1393 1991-06-13 24 Rubber June 12 RAS (fob la bates) S cents/kg Noon Close Inl 1 RSS Prompt I46.25/I47.25N 146.25/147.25N Int 1 RSS July 91 147.75/148 25 147.75/148.25 Int 1 RSS August 149.75/150.25 149.75/150 25 Int 2 RSS OP 146.50/148.50N 146.50/148.50N Int 3 RSS OP 144.50/146.50N 144.50/146 50N Int 4 RSS OP1,393 words
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Page 24 Advertisements
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Advertisement1286 1991-06-13 24 BUSINESS TIMES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 SINGAPORE AIRLINES LIMITED (Incorporated In the Republic of Singapore) LOST SHARE CERTIFICATES The undermentioned share certificates have been reported lost, mislaid or dostroyed:Ceroftcale Nos No ol Shares In Ihe name ol *****500 111.000 TEOH CHEW TWUAN *****765/774 10 x 1.000 FOONG POH SUM Notice1,286 words
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Advertisement11 1991-06-13 24 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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Article1066 1991-06-13 25 City Flight ETA Flight ETD City Flight ETA Flight ETU Abu Dliabi GA975 1300 GA894 2340 5(3,06 1045 GA887 1225 SQI07 1305 SQ109 1405 SQI08 1145 Adelaide SQ228 1905 MH642 1450 MHG4I 1315 Q rs 2000 MH609 1625 SQ110 1445 Amsterdam KL838 2115 MH644 1650 SQ1121,066 words
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THE TRAVEL PAGE
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Article, Illustration575 1991-06-13 25 David Margolick - POSTCARD FROM MISSISSIPPI By David Margolick AT THE front of Knight's General Store, between the jars of pigs' lips and pigs' feet and the case of live crickets, sits a simple, scarcely noticeable, Bunn coffee maker. On a steamy Southern afternoon, there are few takers for575 words
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Article153 1991-06-13 25 As at 3pm: Ixical dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.336 1.356 Canadian dollar 1.543 1.563 NZ dollar 1.015 1.045 Sterling pound 2.965 2.995 US dollar 1.7770 1.7870 Local dollars to 100 units of foreign currency Austrian schilling 14.00 15.00 Belgian153 words
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Article59 1991-06-13 25 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel June 9-16 Po/nan Poznan. Foirc *****1221 June 18-22 Asia's Int l World Trade Reed Exhibition *****13 International Poland Internationale Exhibition Centre, Companies Fair De Poznan of Packaging Singapore June 11-14 International Germany Mode-Woche 89/***** Machinery Trade Fair59 words
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Page 25 Advertisements
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Advertisement39 1991-06-13 25 Mickey, slip into New York like the Finns do. With a superb twice-weekly service from Singapore direct to Helsinki and a daily connection non-stop to the Big Apple. Call *****77 for details. We kmiw Kiirnpi* Innn stirt b> Kinnwh39 words
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Advertisement25 1991-06-13 25 WhymenT^p I PHP!WKK" i it J i Jt tV"} >j| it I A f What is it? Our centrespread series on Couples continues I j25 words
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Page 25 Miscellaneous
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Miscellaneous304 1991-06-13 25 ACROSS Ji ***** HE 1 No 1 dressing room at the Hi |H 9 9 Fellow taking summer HI abroad, for the carnival (4) j j 10 Downright incompetent? Bl WM M M M Mil one MM on 14 Lie about, guaranteed j I 15^Hi6 some rest (7) IH H304 words
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Miscellaneous204 1991-06-13 25 Singapore Outlook: Fair. Report: Maximum temperature 32.0 Assoc humidity 67% Minimum temperature 24.5° Assoc humidity 94% Hours of sunshine 9.85 Rainfall in mm 2.6 Rainfall this month 90.5 Rainy days this month 5 World report Asia-Pacific Hi/Lo* Cond. Auckland 15/08 Showers Bangkok 32/25 Showers Beijing 25/18 Sunny Brunei 33/25 Showers204 words
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Miscellaneous21 1991-06-13 25 [MISS CAMP&EILL rvg_ Tie k|O Possible^ fruvs tempsl I (f%g| o A 445 EVENING STANOARO CO LTO INMNI ft U.) Lin21 words
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723 1991-06-13 26 Sharon Lau - Threat in labour-intensive production and high tech From Sharon Lau in BASLE THE DYNAMIC Asian Economies (DAEs) could face a widening gap behind the OECD countries in the leading-edge technologies and a shrinking lead over the more advanced LDCs (less developed countries)723 words
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Article, Illustration215 1991-06-13 26 Reuter WASHINGTON Chrysler Corp chairman Lee lacocca said on Tuesday that he is optimistic the US recession will be over by autumn, or winter, and automobile sales will start to rebound. Interviewed jointly with General Motors Corp chairman Bob StempelReuter - 215 words
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318 1991-06-13 26 AFP TOKYO Japan's trade surplus swelled by 35.3 per cent from a year earlier to US$4.2 billion (557.4 billion) in May, but was down from 56.3 billion in April, the Finance Ministry said yesterday. The wider surplus reflected sharply bigger trade imbalances with both EuropeAFP - 318 words
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219 1991-06-13 26 Reuter TOKYO Keidanren. Japan's powerful federation of private business groups, has urged the government to speed up the internationalisation of the yen and the liberalisation of Japan's financial markets. "As the world's second largest economy, and largest creditor nation, Japan has an international obligation toReuter - 219 words
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Article, Illustration55 1991-06-13 26 ANGELES, 'I he Philippines A thick mushroom cloud of ash and steam emerging from the erupting Mount Pinatubo hovers over the US Clark Air Base in the northern Philippines yesterday. Most of the base personnel were evacuated and escaped harm although local newspapers reported that a55 words
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526 1991-06-13 26 Maggie Ford - From Maggie Ford in JAKARTA INDONESIA recorded a trade surplus of US$73O million (551.37 billion) in the first three months of this year, despite a 35 per cent rise in imports as foreign investors brought in capital goods to establish manufacturing526 words
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Article, Illustration796 1991-06-13 26 LOH HUI YIN; LOH HUI YIN - The Bottom Line LOH HUI YIN LOH HUI YIN The writer is one of BT's news editors The announcements were low-key but they had a common vital feature: they emanated from the capitals of some of Asia's most dynamic countries. Trickling in from Singapore, Seoul796 words
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224 1991-06-13 26 Reuter HONGKONG US business confidence in Hongkong has picked up sharply from last year and few companies plan to move their regional headquarters before China takes over in 1997, an American Chamber of Commerce survey shows. The survey was based on a sampleReuter - 224 words
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Page 26 Advertisements
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Advertisement6 1991-06-13 26 Nikon The World's Finest Photographic Systems6 words
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Advertisement67 1991-06-13 26 Nikon The World's Finest Photographic Systems WHILE STOCKS LAST USUAL $6,200 NOW $3,590 M LT3B6SXL/16 LAPTOP "JM Intel *****5X-16 CPU High contrast Epson CCFT VGA display Built-in Conner 40MB hard disk drive and Battery pack and universal power adaptor Total weight 5.5 kg USUAL $4,800 NOW $3,900 te *****S>M 667 words
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Shipping Times
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323 1991-06-13 27 Magdalene Phang - By Magdalene Phang MAJOR shipping consortium Far Eastern Freight Conference (FEFC), together with several independent carriers, have signed an agreement to standardise non-freight charges for trade between Europe and the Far East. Signatories to the Far East Trade Tariff Charges and Surcharges Agreement323 words
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218 1991-06-13 27 Reuter WASHINGTON The chief executive of British Airways pic called for a moratorium on new transatlantic routes between the United States and Europe. "That approach would prevent the US creating yet more bumps and lumps to be ultimately ironed out of the air transportReuter - 218 words
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341 1991-06-13 27 Selva Kumar - By Selva Kumar A LOCALLY designed third generation refrigerated container was launched at a major container show in Atlanta last month. The new Seacold 320 (20foot) and Seacold 340 (40foot) reefer containers, were designed and developed by Singapore-based Seacold Technologies, the container manufacturing arm341 words
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194 1991-06-13 27 Reuter WASHINGTON The Federal Aviation Administration is checking the Pratt and Whitney JTBD jet engine for corrosion following a fire that destroyed a Boeing 727 freighter on take-off last month, the Washington Post said. "If we find a problem, it goes withoutReuter - 194 words
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Article, Illustration443 1991-06-13 27 Reuter PARIS Boeing Co sees no reason to doubt the solidity of its order backlog, said Boeing Commercial Airplane Group executive vice-presi-dent Richard Albrecht. "Generally a high proportion of our backlog comes from the stronger carriers in the world and, likeReuter - 443 words
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Article, Illustration340 1991-06-13 27 Rahita Elias - By Rahita Elias GERMAN engineering company MAN B&W Diesel expects its local subsidiary to perform even better in the next financial year ending June 31, 1992, with sales growing by a quarter to $40 million. Given the strong growth. MAN Singapore340 words
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NEWS SUMMARY
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53 1991-06-13 27 J N Cruises renews Le Meridien contract CRUISE operator J& N Cruises will renew its 1991/1992 catering contract with Le Meridien Singapore at a signing ceremony to be held tomorrow. With the recent delivery of J N's second catamaran Equator Triangle, the contract, estimated at over $3 million, is bigger53 words
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53 1991-06-13 27 RIO DE JANEIRO A port strike continued to halt operations at Rio de Janeiro, Brazil's second-largest port, and at the important soybean port of Rio Grande in the south. A traffic director at Rio de Janeiro said eight ships were sitting53 words
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40 1991-06-13 27 CARGO transport from the port areas to inland container depots (ICD) in Thailand remains the hottest issue plaguing executives of related agencies as they struggle to decide who will provide the services Back Page40 words
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Article46 1991-06-13 27 AN innovative hull form conceived in Ireland has been patented worldwide by Sulzer Bros of Switzerland. The patent is now held by New Sulzer Diesel, the primarily ItalianGerman owned company created out of the group's former diesel engine division Back Page46 words
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Article11627 1991-06-13 36 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 maximum11,627 words
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Article3353 1991-06-13 41 A xIIIK ontainerline NV: Bel sin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte L.ld (SVAccord Contr I ine (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) \hrenkiel liner Service: Kim Shpg Trdg (S). Albutros Sen-Air Service: Frata Shpg3,353 words
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Article254 1991-06-13 41 \bacus C ouriers Tel: 545-8011. Fax: *****98. Air Kxpms Intel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188 Pax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax. *****50. luster link Supplies Services254 words
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Article1536 1991-06-13 41 Abex Express Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aeruspeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air1,536 words
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Article2021 1991-06-13 42 ARGENTINA HiK'mts Aires: I he dispute with the gantry crane operator spread to other rrjachine/crane operators. Ihe port was disrupted by union action. Although their demands have not been fully met. crane operators are working normally again. In the pa>t lew days arrival have outnumbered sailings and the2,021 words
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Article467 1991-06-13 42 ARRIVALS DEPARTURES Op Might I >pe KTA I From Op Flight T\pe ETD T To TODAY TODAY KAL KF697 B747F 0150 I SEL j KAL KE697 B747F 0440 I BKK NCA KZ203 B747F 1930 I NRT SIA SQ822 B747F 0715 2 DXB/LON KAL KE685 A30F 2345 I467 words
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Article523 1991-06-13 42 SHIP SALES TANKER RATES VESSELS SOLD FOR FURTHER TRADING Motor vessels Optomist: 48.998 dwt and built 1970. sold to Greek buyers for about US$3.6 million. Ihe Sunny Wisteria: 38.094 dwt and built 1985. sold for a price in the region of US$l5.3 million to Norwegian interests. S«»arer Diana (43,589 dwt.523 words
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Article324 1991-06-13 42 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dep Name of Vessel ETA ETD Ports of Calls Port Agent JUNE 13 13 Andaman Princess 1100 1600 C ruise-To-Nowhere Lines Int Holding 14 14 Andaman Princess 1500 2000 Cruise-To-Nowhere Lines Int Flolding IS 16 Fairstar 1400 1300 Sin-FIong Kong Boustead Shipping 16 16324 words
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SHIPS IN PORT
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Article640 1991-06-13 43 Vend Voy No Berth Arnval Departure I Vessel Voy No Berth Arnvil Depirturi Keppd Wharves Soon Soon 1 910/ M4C alongside 1306/1100 Aftes 51 K34 alongside 17 06/0600 Seng Hing 8/91 M4B 1206/1330 13 06/0800 Abbay Wocu 28WB K30 alongside 15 06/1100 Sinar Asean 12/91 M36 1206/1930640 words
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Article1024 1991-06-13 43 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Slip Voy No Etb/Btr Record Period Booking/Balance From ro sits rom Aka Bhum 498N 14/1300 2 4 12/1700 13/1200 3/065 3/145 9 9 3/0900 3/1700 An Adelarfe ***** 15/1300 3 4 13/0700 13/1200 9 9 3/1400 3/1700 Anson *****N 14/23591,024 words
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Article230 1991-06-13 43 Penang Port Bertti in Butterworth on June 13:1: Dresden; 2: Jin Tian; 3: Million No 3, Sang Thai Ruby; 4: ml; 5: Asian Pollux; 6: Gulf Bridge. Penang Nhvf: NB: ml; CB Victory; SB: ml. BCT: Bl: Philippines Express; Bll: Kapitan Korotaev; l/B: nil. VOTF: nil Dw230 words
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Article915 1991-06-13 43 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 and915 words
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412 1991-06-13 44 BANGKOK Cargo transport from the port areas to inland container depots (ICD) in Thailand remains the hottest issue plaguing executives of related agencies as they struggle to decide who will provide the serv ices. According to The Nation, the Port Authority of Thailand412 words
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Article1006 1991-06-13 44 FREIGHT rates, having recently come under attack from somewhat easier seasonal demand and weaker sentiment, remained underpinned on Tuesday by good charter volume and tight tonnage supply, brokers said. "Every day you see one or two more orders coming in for July," one said. The Panamax-based Baltic Freight1,006 words
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404 1991-06-13 44 Lloyd's List LONDON An innovative hull form conceived in Ireland has been patented worldwide by Sulzer Bros of Switzerland. The patent is now held by New Sulzer Diesel, the primarily ItalianGerman owned company created out of the group's former diescl engine division.Lloyd's List - 404 words
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Page 27 Advertisements
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Advertisement169 1991-06-13 27 SSWEE HENG METAL CO PTE LTD No 13, Tuas Avenue 14. STPQRE 2263 FAX: 861-2946 TEL 861 -5655 (5 LINES)tHgg mm\ Soto Agent' TLX: RS ***** SHMCPU Wk\ Eauipment Industrial Maintenance Equipment Also buy .sell rental repair T"V-'-'iVv k t ,> x V' v. <„ /W Hf v# .t'' 1169 words
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Advertisement50 1991-06-13 27 Air Forwarders 15 A* Freight Schedule 16 Cockett Report 1/ Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily 18 Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Glide 10,11 StMpsales/Tanker Rates 16 Ships m Port 17 Singapore Tides 17 Weather and Sea Conditions 1750 words
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Page 28 Advertisements
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Advertisement660 1991-06-13 28 Our Best Wishes to MAN B&W Diesel (Singapore) Pte. Ltd. on the Opening of their B&W 1 6W^GSt ac t es or 1 Speed Diesel Engines MAN B&W Diesel (Singapore) Pte. Ltd. i j > 29 Tuas Avenue 2, Singapore 2263 >*■ I Phone: (65)862 1401 1 1 I Telex:660 words
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Page 29 Advertisements
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Advertisement2487 1991-06-13 29 JAROINE SHIPPING AGENCIES ill ImM 200 Cantonment Road #12 OS Southpoint. Singapore 0208 \HVfr *****11 TELEX NO RS ***** IVXTTIIW TERMINAL CFS Tel *****18 220 W* Cflflflfl 'l BOOKINGS Tel *****34 258 L VA*# PESAKA JAROINE SHIPPING AGENCIES SON BHD RT TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX2,487 words
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Advertisement907 1991-06-13 29 INDEX TO ADVERTISERS Kant Col Page Ciil j I A 1 1 M ABC Containerline 12 I Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Mac-Pac Freight 9 4/5; Aeropak Express 9 5 Macoline 18 3 APL 5 3-5 •MacrskLine 3 4/5 APT Line 13 5 «MISC 14 1-3 ASC'L907 words
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Advertisement1937 1991-06-13 29 ■BWiMI TWO SAILINGS PER WEEK TO USA SINGAPORE/TACOMA 18 DAYS ETD WEEKLY TUESDAY AND WEDNESDAY SINGAPORE/LONG DEACH 19 DAYS Vessel Voy ETA I ETO "Port "Penang DESTINATIONS Singapore Kelang Tlws week Maren Maersk 9106 Feeder by 18-6 oeoo hrs Pinto HHIHMi Hl■■■ HHi H CFS 17/6 2359 MRS OAK LGB1,937 words
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Page 30 Advertisements
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Advertisement1245 1991-06-13 30 Irottedam/] VOY NO S PORE SOUTHAMPTON HAMBURG ANTWERP LE HAVRE LONDON EXPRESS 02/123 14~6 6/7 5/7 577 KITANO 08/323 16/6 7/7 5/7 4/7 9/7 HAMBURG EXPRESS 03/124 20/6 11/7 9/7 8/7 1 All WESTBOUND P HANNOVER EXPRESS 03/324 23/6 10/7 12/7 15/7 16/7 KfUM ft PCNMK CAMO KATSURAGI 06/125 27/61,245 words
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Advertisement686 1991-06-13 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 2304E 30/6 12/7 14/7 20/7 ALSO ACCEPTING CARGO VIA SUVA TO: lAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQO ANF VAP CLX (PERU) SEASPAC I 2304E 30/6 2/8 3/8 6/8 7/8 Aganls till// SINtiAPORK: 221H011 mrrrnm Jardlne686 words
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Advertisement1572 1991-06-13 30 I ur REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FdR EUROPE VSI/VOT SIN ALG BCL HAM BRE ROT ANT FEL LHA (MA (VIA (VU ALG) HAM) ROT) NORASIA AL MUNTAZAH 9114-3 14/06 04/07 03/07 07/07 08/07 09/07 10/07 11/07 12/07 NORASIA SAMANTHA 9115-3 21/06 12/07 14/07 17/07 11/07 19/07 20/07 21/071,572 words
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Page 31 Advertisements
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Advertisement2218 1991-06-13 31 SjgSteamers Maritime Holdings Ltd W ,!>■ PftrOm, W STRAITS SHIPPING VML j Singapore to BruMi, East Malaysia, Containers mtJm m Voy No -fPen/ S pore Alf Sou Ant Rot Mbf IflSf MAfRSK 9108 08 06 10 06 13/06 21 06 30,06 01/0/ 04/0/ »CCfPTS M SMS MVfRPOOt BAr 0)30 082,218 words
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Advertisement2828 1991-06-13 31 STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR YOKOHAMA/ NAGOYA/OSAKA OB SENBOKU COSMIC PIONEER Vl4 ETA SPORE 20/6/91 ETA PK 22/6/91 NOTE ALSO CALLING OTHER JAPANESE PORTS. HONGKONG. TAIWAN CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritiivie SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DBN CT SMUT 97* Sid Sd Sid In2,828 words
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Page 32 Advertisements
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Advertisement619 1991-06-13 32 Hfl CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE «SL, VOY TPORT" ROAM HDAM HMJRG SRtMEN ANTWERP MAI ARAM >9*B 20 6 22/7 27/7 31/7 3/1 SKIWtJAYA 32M8 11/7 19/* 25,1 29/* 2/9 KUTAI, 23N8 25 26/9 1/10 6/10 10/10 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|ect to Inducement619 words
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Advertisement1068 1991-06-13 32 ®J& m. i$L it, HANJIN SHIPPING Spore IIEH RTM ANfi HAM BRV FEI FEEDER VSI SIN LINE HAUI IGB OAK HANJIN HONGKONG 029K 13 6 30/6 1/7 2/7 2/7 3/7 4 7 H AN)IN FELIXSTOWE 008E l«/ 6 DIRECT 8/7 11/7 HANJIN ROTTERDAM 014K* 18 6 6/7 7/7 8 71,068 words
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Advertisement1379 1991-06-13 32 fi d- T cT"T3"3"^"^k IPKL SGP HKG KSG KLG PUS WT OSK NGY SMZ TYO LAI CHS BAL NYC IHV im ROM Tt» ICG PSO Ctß PKL SGP f GLLAMY RE-033 12/6 15/6 IS/S 21/® 22/6 27 6 29 6 30 6 1/7 2/7 13/7 25/7 27/6 29/7 7/8 t't1,379 words
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Page 33 Advertisements
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Advertisement2077 1991-06-13 33 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) BOOKINGS: NEPTUNE LINK TEL: *****00 USA SERVICE *****16 TERMINAL OFFICE *****22 UK/EUROPE SERVICE *****19 DOCUMENTATION DEPT: *****44/*****14 am AUST/INDIA/PAK SERVICE *****18 CFS: K27 EXPORT: *****53/*****04 tipMl FAR EAST SERVICE *****48 CFS: K27 IMPORT: *****69/*****50 NMi NEPLINE SDN BHD MALAYSIA K.L.-(03)2,077 words
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Advertisement1032 1991-06-13 33 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 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND— DISCHARGING WESTBOUND LOADING TRAWSHFPG) VIA ROTTERDAM vfiSfLS voy |s*< |m« mc "voy |m [hbg1,032 words
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Page 34 Advertisements
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Advertisement1762 1991-06-13 34 K* 4 'W JT* f AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) W TEL: *****77 TELEX: KAWAKIRS23I6S FAX: *****79 H MALAYSIA: "K" UNE MARITIME (MALAYSIA) SDN BHD .JL mLi ML* A JLf TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA LTD INDONESIA: P.T.1,762 words
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Advertisement1250 1991-06-13 34 t/m PHILI-ORI€NT UN€S PT€ LTD '08 ROBINSON ROAD #0/ 00 GMG BUIIOING SINGAPORE 0106 TEI *****22/22:38/69'225t800 TELEX RS 28/20 PHILI FAX *****76/*****38 BY air, land or sea S&Bcz&f WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FRhIGHT FORWARDERS ASSOCIATION VANCOUVER, SWESTERN ONTARIO 18 JUN DUBAI DAMMAN. SHARJAH DOHA.1,250 words
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Page 35 Advertisements
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Advertisement1509 1991-06-13 35 SSggfjlf PACIFIC INTERNATIONAL LINES (PTE) LTD gg Building, 140 Cecil Street Singapore 0106. IJAKARTA 3 [BANGKOK _J VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EQUATOR MAS 07N 18/6 18/6 23/6 PEGASUS PROGRESS 671N 14/6 17/6 21/6 BUNGA.ERA.A. 243 16/8 16/6 23/6 137N W. SS V!X E2U N1,509 words
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Advertisement1069 1991-06-13 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY NOS SPORE IEHAVRE ROTTERDAM S'HAMPTON HAMBURG GO T HENBURG FRANCE HOLLAND UK GERMANY/SCAN SWEDEN NeOlloyd Tokyo* 186 In Pt 4/7 6/7 Selanqia )98 20/6 7/71,069 words
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Advertisement415 1991-06-13 35 Mb MYANMA ySik FIVE STAB UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIf Pen P.Gdj SAGAING V23S In Port AVA VIO9W 20/22 Jun 23/24 Jun PtNYA VII6W 4/7 July THE BANK LINE (A service of Andr«wW«lr Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW) GUINEA415 words
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Page 38 Advertisements
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Advertisement781 1991-06-13 38 TO AUSTRALIA/NEW ZEALAND *Sl Sm f rim Mvlb Syd I Audi [nM |p CHAIM C VCROIMI Jl2 14 6 22 6 Tsl Tit Til 9~7 ANIWCAPfN .'73 ]i~6 5-7 10 7 14 7 20 7 23/7 2V7 MARTHA 275 6 8 12 8 I?T~ 191 25 8 27 I 21781 words
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Advertisement902 1991-06-13 38 EXPORTS TO HONGKONG. TAIWAN lAPAN TWICE WEEKLY" MALACCA STRAITS FEEDER SERVICE POUT BOUND VOY PKL PNG IK T SIN HKG KAO KEE IYO SW2 NGO KOB VESSEL VOY SIN |PKL PNG HR SIN TSK ME 100 y 26 *7 6 •*lO 6 156 20 6 25 6 26 627 6902 words
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Advertisement302 1991-06-13 38 |fi P.T PERUSAHAAN PELAYARANj i KALIMANTAN DIRECT WEEKLY SERVICE TO JAKARTA/TG. PRIOK I Vessel ETA ETD DESTINATION I NIAGA 42 Vo 1 9 91 14/15 lun Ijkjrti Pilemban| I NIAGA (XI Vo» 13 91 17/11 lun lakarU Palem6an t I NIAGA XXN Voy 14 91 19/20 km Jakarta Palembanj NIAGA302 words
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Advertisement1538 1991-06-13 38 3? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINKK SERVICE 2. MISTRI ROAD. HMC BUILDING TEL *****00 #15-00. SINGAPORE 0207 TELE*: RS ***** COSHH> CR NO **********0 M FAX: *****66 General Agents: 006 TAR SHIPPING PTC LTD CABLE COSTARL,N£ TO HONQKONQ AND CHINA FROM MONO KONG AND CHINA VtSSfLVOY SGP HKG1,538 words
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Page 39 Advertisements
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Advertisement1361 1991-06-13 39 UKC CONVENTIONAL SERVICE Ve»»e< PKL PNG P G Loadmc (or A VESSEL 78/06 Rotterdam' Antwerp CHINA FULL CONTAINER SERVICE "•"el SGP PKL BKK HKG QIN SHA Y ANGf ANGK OU 153 05/7 03/7 09/7 15/7 l«/ 7 YANGf ANGKOU 155 05/8 03/8 09/8 15/8 18/8 Um KcqXni C|« tor j|1,361 words
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Advertisement1046 1991-06-13 39 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD EIA EIA (II yOKf f«II KfIANG ttNANG BlUf JAW 23/6 loading loi Mjif KUVAI HUOMI' 30 6 Loading for Calcutta OOtPHM 30 6 Loading For Ma'e MOKE* SUPREME 20 6 18,6 Loading for Male DONAKUIHI In Pt Loaded For Feimnaru PROGRESS LBEHTY1,046 words
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Advertisement428 1991-06-13 39 •ncen-unE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY SIN MAA SIN TIGER STAR 162N 16 16/06 20-22/06 28-2S/06 TIGER BAY 163N 19 20/06 25-27/06 03 03/07 KURM.SK 162 A 22-23/06 29-01/07 07-07/07 VSL VOY SMGAPORE/CALCUTT A/SMGAPORE VESSEL VOY SIN CAL SIN LHOTSE 403 14-14/06 20-22/06 2S-29/06 EAGLE CAPE 012 19-20/06428 words
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Page 40 Advertisements
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Advertisement1721 1991-06-13 40 j MAC-NELS SINGAPORE |mm TEL *****22 IMPORT TEL *****02 PENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL (089) *****9. s I 1 p KELANG TEL (04 *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 (V~/\"V*| J BAHRU TEL (07) *****2 SIBU TEL (084) *****2 PADANG TEL (751)1,721 words
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Advertisement1164 1991-06-13 40 I THONG SOON LINES PTE. LTD. 77 ROBINSON ROAD #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRIER, RS ***** JENHOL CABLE: TOSOCO CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |VOY IETA [PEST VESSEL VOT ETA lEST KIM SOON1,164 words
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Page 42 Advertisements
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Advertisement192 1991-06-13 42 P@g SIGNIFICANT SHIPPING 1 I \\HfEEKLY LCL CONSOLIDATION SERVICES I DUBAI, BAHRAIN. DAMMAM, MUSCAT. ABU DHABI. DOHA. SHARJAH, BANDAR ABBAS AND JEDDAH ETA SIN 18/ JUNE, 21/ JUNE, 28/ JUNE HOCHIMINH. DANANQ. NHATRANG, CANTHO. VUNGTAU HAIPONG, QUINHON ETA SIN 11/ JUNE, 14 JUNE, 17 JUNE. 21 JUNE PIRAEUS, LIMASSOL, TRIPOLHIBYA,192 words
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Advertisement9 1991-06-13 42 9 Innovation Technology in I Business Times every Tuesday9 words
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Advertisement106 1991-06-13 42 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE Notice to Shippers Currency Adjustment Factor A review of the latest currency values has resulted in a radical downward adjustment of the Currency Adjustment Factor from Singaporc^Malaysia. The above Conferences,106 words
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Page 43 Miscellaneous
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Miscellaneous313 1991-06-13 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 **********00 *****600 *****800 1900 *****100 *****300 JR 2.3 26 20 1.3 08 0.4 0 3 03 06 1.1 18 2.2 25 2.5 2.3 18 14 1.1 10 12 15 2.1313 words
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Page 44 Advertisements
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Advertisement786 1991-06-13 44 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. jjT i M 1 h I? jll I aTii k m IJ [tyj hImJ LH EASTBOUND FEEDER TO PACIFIC SOUTH-WEST TO PACIFIC NORTH-WEST FEEDER VOY IHR PKE SW LINE HAUI VOY LBH OAK SEA LINE HAUL VOY TCM.SEA PTL786 words
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Advertisement178 1991-06-13 44 IBf.UIJI.M PASIR GUDANG SINGAPORE r,lilli CONTAINER SERVICE Name Of Vessel: "JOSINDO SATU" PASIR GUDANG SINGAPORE "VOY ETA 2100 HRS ETD 0700 HRS ETA 1)00 HRS ~OO7S 14/8 15/6 15/6 008S 17 6 11/( II 6 009S 21/6 22/6 22/6 010$ 24/6 2S/6 25 6 01 IS 26/6 29 6 21/6178 words
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Advertisement532 1991-06-13 44 CHARTPOINT Every Saturday in Business Times A VESSEL WITH H/L CAPACITY UPTO 260 TON AND RO/RO FACILITIES AVAILABLE ETA SIN 15/6 CALLING CHITTAGONG AND OTHER SUITABLE INDONESIAN/MALAYSIAN PORTS ENROUTE (SUBJECT INDUCEMENT) CONTACT TEL: *****55/*****25 (PAGER) MR A BENEDICT *****88 MR KATRIN FAX: *****88 IFm*,*** life, InKlnu. |lWtar«nM SM lIU IOM532 words
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