The Business Times, 3 October 1991
1991-10-03
1
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The Business Times
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Title Section9 1991-10-03 1 BusinessTimes MCI (P) 16/12/90 Thursday, October 3, 1991 75*9 words
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NEWS SUMMARY
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52 1991-10-03 1 JAKARTA Indonesia's state banks should give full pensions and retraining to the several thousand employees they plan to lay off, Manpower Minister Cosmas Batubara said. "If these pre-conditions are not met, the banks should not lay ofT their stall, 4 he52 words
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72 1991-10-03 1 HONGKONG Hanoi has agreed to accept forced repatriation of thousands of boat people from Hongkong, opening the way for the first to be flown home within weeks, diplomats and refugee workers said yesterday. One Western diplomat in Bangkok stressed that neither Vietnam, nor Britain72 words
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Article30 1991-10-03 1 THE Franchise Development Assistance Scheme, designed to help the retail sector upgrade, will be expanded to benefit non-retail sectors, says the Trade Development Board Page 230 words
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Article30 1991-10-03 1 THE Association of Accredited Advertising Agents (4As) and media owners are discussing a proposed insurance scheme which allows ad agencies to hedge against nonpayment risks Page 230 words
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Article28 1991-10-03 1 THE 220 top Malaysian companies are expecting total gross revenue in the second half of this year to increase by about 8.5 per cent Page 928 words
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Article17 1991-10-03 1 JAPANESE companies are cashing in on the building boom in Asia Page 1017 words
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Article22 1991-10-03 1 THE US government's main forecasting gauge for the economy stalled and building activity barely edged higher in August Page II22 words
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Article27 1991-10-03 1 SHOWING the flag in international computer shows is imperative if Singapore is not to be overwhelmed by the advancing Taiwanese phalanxes Page 1327 words
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Article28 1991-10-03 1 ACTOR, director and producer Jins Shamsudin is a collector of more than 100 seminar bags, 5,000 greeting and invitation cards and thousands of publications Page 1728 words
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MARKETS SUMMARY
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Article56 1991-10-03 1 WALL STREET stocks showed little change in early trading yesterday in an atmosphere of wariness over the outlook for the US economy and interest rates. The Dow Jones average of 30 industrials slipped 0.90 point in the first half hour but then turned higher to show a 4.69-point56 words
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Article32 1991-10-03 1 LONDON share prices were slightly lower at midday yesterday. Just after 1115 GMT, the broad-based Financial TimesStock Exchange 100-Share Index was down 2.5 points, or 0.09 per cent, at 2,643.1.32 words
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Article26 1991-10-03 1 COMPUTER peripherals maker Powcrmatic Data Systems plans to seek a listing on Singapore's Scsdaq market by the first half of 1992. Page 326 words
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Article29 1991-10-03 1 ARBITRAGERS moved in on OCBC shares yesterday following the bank's announcement that foreign shareholdings in it had fallen below the 40 per cent limit Page 329 words
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Article42 1991-10-03 1 PERNAS Sogo Sdn Bhd, a joint venture between Malaysia's Pernas Properties Sdn Bhd and Japanese retailer Sogo Co Ltd, is shopping for a US$l5O million (***** million) guarantee facility for its department store project in Kuala Lumpur Page 642 words
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634 1991-10-03 1 Magdalene Ng - Quick bucks from share financing fast disappearing By Magdalene Ng SINGAPORE Banks stand to lose most with the introduction of the tender system as an alternative listing method for new share issues. Gone are the days when banks can ride on634 words
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173 1991-10-03 1 Reuter BRUSSELS The European Commission yesterday said it has decided to veto a buyout of Boeing Co's Cana-dian-based de Havilland division by Ste Nationale Industrielle Aerospatiale of France and Alenia SpA of Italy. The decision by the Commission means that the purchase cannotReuter - 173 words
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Article, Illustration376 1991-10-03 1 Reuter ALMA-ATA, Soviet Union The 12 Soviet republics have agreed to form an economic cooperation zone in a bid to prevent their collapse together with the old communist state. The 12 said on Tuesday they would initial a threeyear agreement providing forReuter - 376 words
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Article, Illustration423 1991-10-03 1 Salil Tripathi - By Salil Tripathi SINGAPORE Radisson Hotels, one of the biggest pri-vately-owned hotel chains in the US, plans to kick off an Asian expansion campaign by taking over a leading Singapore hotel. The name of the hotel has not been confirmed,423 words
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608 1991-10-03 1 Dawn Tan - Desaru resort dispute By Dawn Tan SINGAPORE The Johor government will take back the land leased to the ill-fat-ed. multi-million dollar Desaru resort project. Vlentri Besar Tan Sri Muhyiddin Yassin said yesterday the government would take back legal possession of the 1,742608 words
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Page 1 Advertisements
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Advertisement185 1991-10-03 1 f I Reigns when it pours 1 CONTENTS Ad Marketing 14 Aircraft Schedule 27 Commodities 26 Company News 3.4,5 Cryptic Crossword 27 Editorial 12 Financial News 6 Futures Options 25 Home News 2 HK Tokyo Stocks 22 Interbank Fore* Rates 25 KISE 21 Money Changer Rates 27 Money Market 25185 words
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Advertisement8 1991-10-03 1 Air express industry expanding strongly, Times Pg 18 words
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Advertisement127 1991-10-03 1 Soviets expect to match US nuclear arms cuts, Back Pg Editorial, Pg 12 THERE ARE SOME APPOINTMENTS EXECUTIVES JUST LOVE TO KEEP. m I fANI ITALY When you've come this far in your career, you deserve the finest in executive office appointments. Mariani's exclusive, but competitively priced range of Executive127 words
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HOME NEWS
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NEWS ROUNDUP
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70 1991-10-03 2 NEXT MONTH, Singapore will play host to the first regional showease of human resource development products and serviees at the World Trade Centre. The event, which will run from Nov 4 to Nov 7, is being organised by the Singapore Institute of Management70 words
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Article55 1991-10-03 2 PRAKASH INDUSTRIES Ltd of India has bagged an order worth 200 million rupees ($ll million) to export videotapes to Singapore, according to Economic and Commercial Sews, a publication of India's Trade Fair Authority. The company has in the past exported video magnetic tapes and cassettes55 words
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Article87 1991-10-03 2 THERE will be more weekly air services from Changi Airport to popular destinations such as Jakarta, Penang. Manila, Tokyo and Denpasar for the coming holiday season. From Oct 27 to Mar 28 next year, 73 weekly scheduled services will be added, making a total of87 words
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Article75 1991-10-03 2 THE National University of Singapore and Nanyang Technological University are jointly embarking on a campaign to raise a Universities Endowment Fund. President Wee Kim Wee. who is chancellor of both universities and pa-tron-in-chief of the fund, will officially launch it on Oct 8. Other patrons include Mr75 words
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Article, Illustration349 1991-10-03 2 Sylvia Wong - By Sylvia Wong THE Trade Development Board will consider applications from non-retail companies under its newly-launched franchise development assistance scheme, said its deputy chief executive officer Lee Ying Cheun yesterday. Mr Lee told reporters that the franchise scheme was designed mainly to349 words
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Article, Illustration394 1991-10-03 2 Sangeeta Mulchand - Aim is to hedge against non-payment risks By Sangeeta Mulchand NEGOTIATIONS are going on between the Association of Accredited Advertising Agents (4As) and media owners to allow ad agencies to use an insurance scheme to hedge against non-payment risks. Under the current system, agencies394 words
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263 1991-10-03 2 FOR manufacturers to be competitive, they must integrate their various computer systems and use systems that can react quickly and cost effectively to changes in market trends. This was stated by the Senior Minister of State for Education, Dr Tay Eng Soon, at263 words
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367 1991-10-03 2 Joseph Rajendran - By Joseph Rajendran THERE is much scope for South Korean and Singapore companies to jointly tap the potential of places like China, the Growth Triangle and Indochina. This point was made by various speakers yesterday at the opening of the Fifth Joint Meeting367 words
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Page 2 Advertisements
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Advertisement102 1991-10-03 2 4H& THE ORIENTAL SINGAPORE fr! v r^y w Vy '> J Wh E S BI'SiNESS ENTEKTA i N M E N T EMBRACES jh AX B L SIN ES S yoi NEEDS ICO 10 Jhis E\J 1E Business associates become friends; business lunches 6 dinners cease to be obligations and102 words
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COMPANY NEWS 1
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403 1991-10-03 3 Joseph Rajendran - By Joseph Rajendran SINGAPORE Computer peripherals maker Powermatic Data Systems expects to seek a listing on Singapore's Sesdaq market by the first half of 1992, says its founder and managing director Dr Chen Mun. Powermatic hopes to use the fresh capital to develop403 words
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287 1991-10-03 3 Dexter Lee - By Dexter Lee SINGAPORE Singapore Bus Service (SBS) will merge its taxi operations with that of Singapore Airport Bus Services (SABS), if the licensing authorities give the go-ahead. Otherwise, SABS will operate as another subsidiary of the group, with little change to the287 words
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229 1991-10-03 3 SINGAPORE Audio casette maker General Magnetics will go ahead with its manufacturing projects in Thailand and Malaysia. The company confirmed the moves in a statement issued yesterday in response to a BT report suggesting the projects may have run into snags. The report was229 words
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701 1991-10-03 3 Rahita Elias - THE HOCK LOCK SIEW COLUMN By Rahita Elias SINGAPORE Sembawang Leasing, the newly incorporated leasing arm of would-be conglomerate Sembawang. seems to have its work cut out. "It's the right time for them to come in." says a DBS Finance official. After all.701 words
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398 1991-10-03 3 Chew Eng Han - Foreign shareholdings fall below 40pc ceiling By Chew Eng Han SINGAPORE Arbitrageurs zoomed in on OCBC shares yesterday after the bank announced that foreign shareholdings in the bank had fallen below the 40 per cent ceiling set by the Monetary Authority of Singapore. OCBC398 words
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Article, Illustration290 1991-10-03 3 SINGAPORE Jurong Engineering Ltd (JEL) will renew efforts to increase the group's activities in the Middle East where it has established strong ties. This move is timely as the Gulf War has ended and there are better prospects of a return to stability,290 words
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COMPANY BRIEFS
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Article67 1991-10-03 3 SINGAPORE KEMAYAN OIL PALM Bhd has entered into a conditional sale and purchase agreement to acquire Light Industrial Estates (Johore) for MS 185 million (about SSIIS million). The purchase of Light's entire six million MSI par shares will be satisfied with the issue of67 words
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Article88 1991-10-03 3 KUALA LUMPUR Boustead Holdings Bhd recorded a higher group pre-tax profit of M 535.81 million for the year ended June 30, compared with M 532.50 million a year earlier. This was registered on a group turnover of M 5346.29 million against M 5339.67 million previously. At88 words
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Article95 1991-10-03 3 SINGAPORE Higher interest payments for customer deposits have hit Singapura Building Society's bottomline with net earnings for the year ended in June falling 12.2 per cent to $2.57 million despite of a 4.3 per cent increase in turnover to $19.40 million from a year earlier. SBS95 words
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284 1991-10-03 3 Bernama KUALA LUMPUR MUI Bank has sued a company for more than Msll million (SS6.B million) for breach of a loan agreement. The suit against B B Enterprise Sdn Bhd was filed in the High Court in August and served on theBernama - 284 words
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COMPANY BRIEFS
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99 1991-10-03 4 HELSINKI ICL pic, which is 80 per cent owned by Japan's Fujitsu Ltd, on Tuesday said it would concentrate the development and production of personal computers in Finland, following its merger with Nokia Data Oy. "It is our intention to base the development99 words
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Article96 1991-10-03 4 SYDNEY North Broken Hill Peko Ltd expects better earnings in 1991/92 from mining and industrial operations but mixed performances from forestry, paper and uranium. NBH Peko reported an equity net profit of A 578.91 million (*****.7 million) in the year to June 30, 1991, from A$96 words
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Article83 1991-10-03 4 TOKYO Sony Corp said it has begun licensing its minidisc audio system (MD), intended to be the next generation of audio equipment for mobile music lovers. The MD is a smaller, recordable and shock-proof version of the compact disc (CD), which the company says has no83 words
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Article90 1991-10-03 4 MELBOURNE Australia's biggest rubber maker Pacific Dunlop Ltd said it plans to set up a recycling plant to use rubber from discarded tyres to make new products. The company has estimated that about 120,000 tonnes of tyre rubber is discarded every year, most of it going90 words
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Article51 1991-10-03 4 WELLINGTON New Zealand's Telecommunications Corp is considering investing in an Indonesian project, Telecom international chief executive, Mr Don Sledge, said on Tuesday. Telecom has been invited to join the project by Perumtel, Indonesia's national telecommunications company, Mr Sledge said in a statement to the stock exchange51 words
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Article46 1991-10-03 4 SEOUL South Korea's Sunkyong Engineering and Construction Ltd began on Tuesday to expand oil storage facilities in Sri Racha, south-east of Bangkok, under a US$4O million (Ss6B million) contract with state-run oil firm Petroleum Authority of Thailand, a Sunkvong spokesman said.46 words
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249 1991-10-03 4 Reuter TOKYO Canon Inc has developed technology that will allow it to push to the front of the pack among producers of liquid crystal displays (LCDs), Canon president Keizo Yamaji told a news conference. "Our new technology will solve all the problemsReuter - 249 words
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Article, Illustration499 1991-10-03 4 Maggie Ford - Training programmes part of plan to restore confidence in stock market From Maggie Ford in JAKARTA MR MARZUKI USMAN. head of Bapepam, the Indonesian capital markets authority, has launched a major training programme for participants in the Jakarta Stock Exchange in the wake of a collapse499 words
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320 1991-10-03 4 Abdul Hadhi - By Abdul Hadhi SINGAPORE Thailand's largest retail chain, the Central Group, is seeking a listing on the Stock Exchange of Thailand (SET). The group is restructuring its management in preparation for such an eventuality, reported a recent edition of Asian Business. Brokers believe that320 words
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506 1991-10-03 4 Reuter SEOUL South Korea's Securities Supervisory Board (SSB) said it approved US$22O million (***** million) worth of overseas equi-ty-linked securities to be issued in the Euromarket by Daewoo Corp and Ssangyang Cement Industrial Co Ltd. "The issues by the two firms willReuter - 506 words
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279 1991-10-03 4 AFP TOKYO Japan's Sansui Electric Co expressed displeasure on Tuesday with a move by Britian's debt-strapped Polly Peck International pic to sell 32 per cent of its stake for a nominal price of 50 ven (550.60). "We cannot determine the intentionAFP - 279 words
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366 1991-10-03 4 NYT NEW YORK Time Warner Inc is close to a deal jfyat would raise USSI billion (SSI.7 billion) from Tosmpa Corp and C Itoh Co. several executives with of the deal said on Tuesday. The two Japanese companies together mayNYT - 366 words
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402 1991-10-03 4 BANGKOK Thailand's Shinawatra Computer and Communications Co is raising one billion baht (Ss6s million) for its ground-break-ing satellite project. The .Nation reported earlier this week. Dr Thanong Lamyai Pittaya. the group's financial chief revealed that the funds would be raised through the issue402 words
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412 1991-10-03 5 FT SAN FRANCISCO Details of the collaboration between International Business Machines and Apple Computer, unveiled yesterday, revealed a more rapid move to bring commercial products to market than had been expected. When IBM and Apple first announced talks earlier this year, attentionFT - 412 words
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386 1991-10-03 5 Reuter ATLANTA, Georgia Hospitality Franchise Systems, the parent company of the Ramada and Howard Johnson group, is buying Days Inns of America Inc for US$25O million (*****.5 million) to create the world's largest hotel franchise company, both companies said on Monday. The dealReuter - 386 words
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356 1991-10-03 5 Reuter LONDON Stores group Sears pic, owners of flagship British department store Selfridges, on Tuesday announced a slump in half year profits as it struggled against the worst trading conditions for 20 years. Sears pre-tax profits for the half year to JulyReuter - 356 words
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Article, Illustration373 1991-10-03 5 Claire Leow - Scanner and two laser printers on sale in S'pore next month By Claire Leow SINGAPORE Apple Computer has launched three more low-cost products as part of its plan to tap a wider market. The company hopes the products a scanner and two laser printers to373 words
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Page 3 Advertisements
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Advertisement219 1991-10-03 3 Wow, finding the right U.S. Food Product and Commodity supplier is easier and faster. r 5 r*l i f* I it I f** !> »i: f a k f f|\i |m -v itsw *v^ IMPORTERS i x niml AGRICULTURAL EXPORT DIRECTORY WTW%. mm ?W*» v". The U.S. Agricultural Trade Office219 words
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Page 4 Advertisements
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Advertisement63 1991-10-03 4 NATIONAL UNIVERSITY OF SINGAPORE m NANYANG TECHNOLOGICAL UNIVERSITY Jointly Organise PUBLIC LECTURES by DR ARNO PENZIAS Lee Kuan Yew Distinguished Visitor TOPIC I THE KG FUSS ABOUT rmmm m A LECTURE ON COSMOLOGY LT27.NOS WED, 9 OCT 1991 <U i.*' 6.00PM TOPIC II THI FUTURE ROSPBCTS FO ARTIFICIAL Vmum LT63 words
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Advertisement96 1991-10-03 4 ATTENTION •O f LEVEL STUDENTS* MATRICULATE AT CANADIAN OVERSEAS COLLEGE OF SINGAPORE An Internationally recognized diploma signed by the Minister of Education (Province of Ontario. Canada) Course instruction by fully certified Canadian teachers Choice of business or science programs Canadian university applications processed by the College while studies are in96 words
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Page 5 Advertisements
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Advertisement70 1991-10-03 5 9MZ)uc m i t. Sr ST 3S r -'-S0 -<r •sj K 3G >:> 4- At SS> t* •^■iCSS&SS *> K sr-~ V 9s •V .-v '4 •«*> Ng •m V w S3 t *v> -•v v. >:>^-£*Sc« vjv \s .S -<5 W% <k i mm ,r. in X FOR70 words
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FINANCIAL NEWS
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SMALL CHANGE
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78 1991-10-03 6 SINGAPORE Hongkong-based Bank of Asia has raised a USS2O million (5533.8 million) syndicated loan facility under an agreement arranged hy merchant hank Westpac Singapore. Westpac is also the agent bank for the loan. The funds are provided by Banco Hispano Americano S A,78 words
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Article63 1991-10-03 6 KUALA LUMPUR United Malayan Banking Corp Bhd (UMBO has raised its base lending rate (BLR) for the second time in a month, to 9.0 per cent from 8.5 per cent effective yesterday, a bank spokesman said. UMBC also raised its fixed deposit rates to between63 words
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Article72 1991-10-03 6 HONGKONG Financial services company Lippo Ltd announces a net profit of U557.26 million (S$ 12.3 million) on a turnover of S 16.74 million for the six months ended June 30 this year. This compares with $1.81 million for the previous corresponding period. It said the72 words
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Article59 1991-10-03 6 MELBOURNE National Australia Bank Ltd said it is restructuring its management organisation to position it to met the challenges of the *****, managing director and chief executive Don Argus said. Under the overall control of Mr Argus, the bank's operations will be split into three areas59 words
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305 1991-10-03 6 FT NEW YORK The number of US banks is expected to fall by 25 per cent in the next 10 years and the banking industry could lose a quarter of a million jobs, according to a new survey of bankers by Andersen Consulting, anFT - 305 words
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312 1991-10-03 6 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Pernas Sogo Sdn Bhd. a joint venture between Malaysia's Pernas Properties Sdn Bhd and Japanese retailer Sogo Co Ltd. is raising a US$l5O million (***** million) guarantee facility for its department store project in Kuala Lumpur. Pernas Properties,312 words
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276 1991-10-03 6 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE In yet another major banking consolidation, Italy's largest banking group Istituto Bancario San Paolo di Torino (San Paolo Bank) has taken control of an Italian state-controlled bank, Crediop. In a statement to BT yesterday, San Paolo276 words
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233 1991-10-03 6 Reuter STOCKHOLM Two of Sweden's largest banks disclosed steep credit losses in eight-month reports as recession and falling property prices ate into profits. Svenksa Handelsbanken said January-August credit losses had risen to 904 million crowns (about ***** million) from 415 million a year earlier.Reuter - 233 words
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494 1991-10-03 6 Reuter TOKYO Despite a depressed stock market, most top Japanese banks during the half-year to Sep 30 had capital equal to at least 8 per cent of assets, the level due to become an international requirement. industry sources said. "Actual capital ratio has notReuter - 494 words
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Article433 1991-10-03 6 The BCCI collapse Agencies ATLANTA First American Bank of Georgia has been put up for sale as problems linger from its parent company's links to the scan-dal-plagued Bank of Credit and Commerce International. The connection caused an outflow of deposits this summer and promptedAgencies - 433 words
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234 1991-10-03 6 Nomura apologises to the tune of 44.6m yen Reuter TOKYO Japan's biggest brokerage apologised on Tuesday and its humility did not come cheap. Nomura Securities, in fullpage advertisements in nine dailv newspapers, told readers: "Following the recent brokerage scandal, we have resolved to wipe clean all of our past errorsReuter - 234 words
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Page 6 Advertisements
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Advertisement78 1991-10-03 6 r/Pach order mu- It nf 4 shirts con of the same 1 rand lour a"V pattern) Available at: 311 Worth Bridge Road Tel: *****51 54 Selegie Road Tel: *****07 81-08 Tanglm Shopping Centre Tel *****01 Fax: *****82 Enchanting Encounte 1 ict* Fantasy ruts Harbour excursions Private parti* Wedding Product launches78 words
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Advertisement274 1991-10-03 6 \s% •llWlltli-l CT V JcM "*A •AI'CKLA* 0 fi£s> •ca d i 3? J* J3*2> je i> tf, 23 ttttt as <£ A 0\ FOR SALE *r > New Zealand's most exciting lifestyle development opportunity <43 The Cuif Harbour land and marina development will create an Integrated tourist resort and274 words
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Page 7 Advertisements
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Advertisement297 1991-10-03 7 Instant gratification from Diethelm Being a specialist in office furniture, we make it our business to ensure that your needs are met, without any hiccups. Because all too often, when one talks about office furniture, the backup stops at your back. The chair looks good, works well (for now) but297 words
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Page 8 Advertisements
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Advertisement135 1991-10-03 8 To the ecut, you can see right across the straits to Indo nesia. Ihe odii'c <>/ architectlire in the lie-art r»/ historv. To the north, you have a clear view of the Singapore River. To the wedt, you look over Raffles Pi ace. All this, from the tallest building on135 words
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THE REGION
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450 1991-10-03 9 Manufacturing sector's gross revenue forecast to rise by M$ 1.576b Bernama KUALA LUMPUR A total of 220 top Malaysian companies in the corporate sector have forecast their total gross revenue for the second half of this vear to reach M 540.904 billion (5525.2Bernama - 450 words
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360 1991-10-03 9 Bernama WASHINGTON The North American Rubber Thread Co Inc, claiming declining sales because of Malaysian imports, renewed its request that the US administration withdraw duty-free treatment granted to Malaysian imports of extruded rubber thread. North American, in its pre-hearing brief submittedBernama - 360 words
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331 1991-10-03 9 Bernama PETALING JAYA A restructuring strategy which responds to the changing global textile environment must be developed if Malaysia's textile and apparel industry is to continue to develop and further improve its contribution to the national economy. The director of the NationalBernama - 331 words
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261 1991-10-03 9 AFP PARIS Visiting Australian Trade Minister Neal Blewett met French trade and farm officials on Tuesday and said later that he had lodged a strong protest over French and European Community agricultural policies, which were having "disastrous effects" on Australian farmers. AfterAFP - 261 words
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488 1991-10-03 9 Exports expected to hit Ms763m this year Bernama KUALA LUMPUR Malaysia is poised to be the leading exporter of medical products and devices in the near future, with total sales and exports of latex-based products projected to increase by 13 per cent toBernama - 488 words
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301 1991-10-03 9 Bernama KUALA LUMPUR The Malaysian government hopes to check the current narrowing of the trade surplus soon with the on-going steps to control the country's balanee-of-payment situation. The Malaysian Deputy Finance Minister. Haji Abdul Ghani Othman. said on Tuesday that theBernama - 301 words
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Article, Illustration293 1991-10-03 9 Reuter WELLINGTON New Zealand Prime Minister Jim Bolger fired popular Maori Affairs Minister Winston Peters yesterday in a Cabinet reshuffle aimed at silencing protests against his harsh economic policies. Mr Bolger, his popularity plunging almost one year after his conservative National Party tookReuter - 293 words
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NOTE BOOK
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60 1991-10-03 9 JOHOR BARU Total investments in Johor during the State Economic Plan period (1990-2005) are projected at Ms3.B billion (552.4 billion). Launching the "Johor 2005 the Technopolis of Malaysia" programme here on Tuesday, Mentri Besar Tan Sri Haji Muhyiddin Yassin expressed confidence that the target60 words
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Article88 1991-10-03 9 KUALA LUMPUR There is still scope for Malaysian trade to expand although the world economic scenario may deteriorate into one of "managed" trade structures exemplified by a high degree of protectionism and blocism. Speaking at a seminar yesterday, Dr Salleh Ismail, director corporate planning div88 words
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Article87 1991-10-03 9 MANILA The Philippine economy is expected to grow by one per cent at the most this year unless the government cuts its spending. Ponciano Intal. until recently the deputy chief of the Philippine National Economic Development Authority, said on Tuesday that "a recession is in87 words
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Article57 1991-10-03 9 BRISBANE Australia, which wants to avoid a big rise in the A 59.5 billion (5512.8 billion) it spends on defence each year, yesterday announced that it is trimming its regular 69,700-member defence force by 10,000. mostly non-combat personnel, replacing those axed with reservists. The current outlay57 words
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Article60 1991-10-03 9 UNITED NATIONS Communist Vietnam has said it is seeking cooperation with all nations, regardless of their economic systems. In a speech to the UN General Assembly on Tuesday, Vietnamese Deputy Foreign Minister Tran Quang Co said the "phasing out of the bipolar world" entailed the need60 words
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Page 9 Advertisements
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Advertisement495 1991-10-03 9 IP V K •V 5 Because individuals always have the best time. V > .V w. MOORE A COLLECT lON ASIA WATCH CENTRE PTE LTD Parkway Parade. *BI «M 9 CHEW CHEONG WATCH CENTRE Ska* Centre «0.V}»40 CORTINA WATCH CENTRE PTE LTD Fnaa Ccawc. •0: IM" Larky PUza. Ml 32495 words
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THE REGION/THE WORLD
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WORLD WATCH
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85 1991-10-03 10 BRUSSELS European Community foreign ministers set Oet 21 as the deadline for successful talks on linking the EC and European Free Trade Association (Efta), Community officials said. The ministers agreed to hold make-or-break parallel meetings with Efta ministers in Luxembourg. EC diplomats85 words
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90 1991-10-03 10 TOKYO Japanese companies are seen spending less on capital investment in the year to March 31, 1992 than they had planned earlier this year, the Industrial Bank of Japan Ltd (IBJ) said in a study. IBJ said its 3,337-company study conducted in early August90 words
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Article76 1991-10-03 10 ROME The Italian government has given a boost to privatisation by dropping the state's insistence on retaining majority control. Legal mechanisms are also to be introduced transforming state enterprises into publicly quoted companies. The government is hoping to raise up to 15,000 billion lira (5520.3 billion)76 words
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Article82 1991-10-03 10 SEOUL South Korea's current account deficit for the first eight months of this year hit a record US$7.B9 billion (5513.3 billion), far outstripping the previous record $3.82 billion in 1980, preliminary Bank of Korea (BoK) figures showed on Monday. South Korea's export-led economy enjoyed multimillion82 words
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73 1991-10-03 10 CARACAS Ousted-Aristide urged Haitians in the United States to resist the military takeover of their native land and fight for the restoration of democracy there. Aristide, 38, a Catholic priest democratically elected only eight months ago, arrived in Caracas early Tuesday after having been toppled73 words
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Article85 1991-10-03 10 BUCHAREST Teodor Stolojan, named on Tuesday to replace outgoing prime minister Petre Roman, said the first priority of the new Romanian government would be the economy. Mr Stolojan, a former finance minister, is to take over from Mr Roman, whose resignation was announced last week85 words
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Article, Illustration489 1991-10-03 10 Construction materials firms considering expansion abroad Reuter TOKYO Strong demand for cement and other materials to fuel Asia's construction boom is whetting the appetite of Japanese firms seeking to expand business overseas. "Now it's only Asia in the world which is short ofReuter - 489 words
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311 1991-10-03 10 MBT MANILA The Londonbased Commonwealth Development Corp (CDC) is eyeing increased financial investments in South-east Asia's buoyant economies. Alisdair Nagle, a CDC finance executive, said that in the Philippines, the corporation was willing to pump in an additional US$2O million (5533.8 million)MBT - 311 words
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Article, Illustration549 1991-10-03 10 AFP HANOI Vietnamese Premier Vo Van Kiet will visit Indonesia, Thailand and possibly Malaysia late this month before travelling to Beijing to seal Vietnam's normalisation of ties with China, diplomats said yesterday. Vietnam had scheduled the tour of Asean to showAFP - 549 words
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320 1991-10-03 10 AFP BEIJING Investment flowing into Shanghai's Pudong special economic zone is boosting plans to turn the area into an Asian financial hub by the end of the ryThe official China Daily newspaper said yesterday that "all the major Chinese banks andAFP - 320 words
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169 1991-10-03 10 AP TOKYO North Korea will open its first "special economic zone" later this month where foreign businesses will receive preferential treatment to encourage them to invest, a Japanese newspaper said yesterday. The Asahi Shimbun reported from Pyongyang, North Korea's capital, that the specialAP - 169 words
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Advertisement206 1991-10-03 10 A afbExpect less at the Cartoon Club. The Carlton Club Rooms at the Carlton Hotel more than live up to all your expectations. Except the one with the numbers on it. cP_ <o* SPECIAL CARLTON CLUB ROOM OFFER. From now to 31 December 1991, the following special rates will apply206 words
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Advertisement313 1991-10-03 10 SINGAPORE BUS SERVICE (1978) LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT DESPATCH OF OFFER DOCUMENT IN RESPECT OF UNCONDITIONAL CASH OFFER FOR THE 400,000 ORDINARY SHARES OF $1.00 EACH IN THE CAPITAL OF SINGAPORE AIRPORT BUS SERVICES LIMITED NOT BENEFICIALLY OWNED BY SINGAPORE BUS SERVICE (1978) LTD AND PARTIES313 words
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THE WORLD
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Article535 1991-10-03 11 Govt economic forecasting index flat in August after six-month rise Reuter WASHINGTON The US government's main forecasting gauge for the economy stalled and building activity barely edged higher in August, the US Commerce Department has announced, raising fears that the sputtering recovery could run out ofReuter - 535 words
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359 1991-10-03 11 Reuter NEW YORK With another tepid increase in US employment forecast for September, economists say the Federal Reserve will have leeway to loosen credit again, and may do so this month. Non-farm payrolls are forecast to rise around 23,000 after aReuter - 359 words
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278 1991-10-03 11 FT BERLIN Germany's Treuhand privatisation agency has launched an investigation into charges that it greatly undervalued the assets of East German electrical engineering and electronics companies sold to Western investors for a nominal price. Harald Lang, a director of the Treuhand, was suspendedFT - 278 words
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296 1991-10-03 11 Reuter WASHINGTON The US needs to adopt new measures to safeguard its national security because of the increased role of foreign companies in the country's economy, but it should avoid protectionism, according to a new study. Sponsored by the Institute forReuter - 296 words
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Page 11 Advertisements
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Advertisement115 1991-10-03 11 ADVERTISE YOUR PRODUCT IN VIETNAM It's only a matter of time. Vietnam is about to explode into action. Already Asia's most promising new market is experiencing fast economic growth. And when the door opens to the USA, as inevitably it will, the competition for Singaporean companies will become fierce. What115 words
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Advertisement685 1991-10-03 11 New HotLine Pocket, now with three extra features at no extra cost. HotLine Pochrt clicks inao >our car in i second and open* a world of poaribil Mrs. r;a r.-r -u„aer mmm Now, and for the month of October only, the Ericsson HotLine Pocket comes in a special promotional package685 words
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Article483 1991-10-03 12 EDITORIAL SAYING goodbye is never easy. Parting of ways may be a desirable goal for the Soviet republics, but division of spoils is a difficult business. Secession-minded republics chastened after taking a look at their pocketbooks and balance-sheets have wisely concluded that some form of economic union483 words
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WHAT THE OTHERS SAY
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Article216 1991-10-03 12 ECONOMIC UNCERTAINTY looms large in Romania. The political situation is bad. The government is treating protests by miners as a camouflaged coup attempt, an act of organised subversion akin to the one in the Soviet Union in August; the alleged plotters are now being sought. Romania's216 words
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Article100 1991-10-03 12 THE MALAYSIAN ruling National Front has been returned to power in the recent Sarawak state election. This time it has recorded its biggest victory yet, taking 49 out of 56 expanded state assembly seats. The victory has shown that the NF formula of approaching the election on a100 words
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Article184 1991-10-03 12 MILITARILY, the significance of the United States' nuclear disarmament pledge has yet to be further assessed. Economically, it holds long-term benefits for the world economy. But, from a more prudent point of view, a weaker threat of nuclear arms can also prompt some countries to carry out184 words
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REGIONAL VIEWPOINTS
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Article208 1991-10-03 12 THE People's Republic of China today celebrates its 42nd anniversary with some sense of accomplishment. In just over four decades, China has been transformed from a feudal society to a powerful nation. For Hongkong, China's national day is an appropriate moment to reflect on what the rest208 words
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Article193 1991-10-03 12 o PARTI Bansa Dayak Sarawak (PBDS) has to eat humble pie after the overwhelming state-level Barisan Nasional win in last week's Sarawak election. Its decision to seek to be a member again of the state Barisan was the onlv one it could have taken to ensure193 words
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Article120 1991-10-03 12 THEIR MAJESTIES Emperor Akihito and Empress Michiko arrived in Malaysia yesterday. It is a visit of political, historical and diplomatic importance. The past belongs in the past. Let us not mar this visit with any bitter old ghosts or any resurrection of the past. This visit belongs120 words
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Article, Illustration911 1991-10-03 12 Norma Cohen - Norma Cohen finds UK investment bankers in a bit of a flap over a proposal that they disclose what fees they get as takeover bid advisers Norma Cohen FT SHOULD shareholders have the right to know how much their companyFT - 911 words
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Page 12 Advertisements
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Advertisement190 1991-10-03 12 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29,1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that important choice, Business Times has invited local and foreign experts to190 words
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Page 12 Miscellaneous
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Miscellaneous69 1991-10-03 12 DOONESBURY H[AP THAT, HONB Y? rwse Aft SCPIAMIN' I wxiL-tK' UP HOPTHAT MACH2S' A FCW MOUTHS A6O, PtOfU- HAD GIVEN UP ON THIS MPT OP JHC KJOPU?. SVSMONS TOIV MC- i WAS crazy TOINVB^T IN KUWAITI POST MAP ECONOMY' BY GARRY TRUDEAU "mii mewmepocbOFUJAß,ONCEUNltAfjHtt>, IMOUtVPSnjRH AGAIN ANt?AGAIN 10 THIS BU6HWP69 words
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ANALYSIS
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1110 1991-10-03 13 The governor of Tokyo is right smack in the middle of the problem-riddled project to build a waterfront town on reclaimed land in Tokyo Bay Asahi TOKYO Governor Shunichi Suzuki lost more than faee in admitting that his pet project, the overambitiousAsahi - 1,110 words
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Article, Illustration1419 1991-10-03 13 Tye Kim Khiat - Showing the flag in international computer shows like PC9I in Melbourne and digging in subsequently is imperative if Singapore is not to be overwhelmed by the advancing Taiwanese phalanxes, says Tye Kim Khiat Tye Kim Khiat The writer is a Melbourne-based journalist who fontributes1,419 words
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Page 13 Advertisements
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Advertisement286 1991-10-03 13 GIVE YOUR FAQ THE EXECUTIVE Omtmshed worry lines leading to fine lines Removed t the look of tired baggy eyes Diminished the onset of furrowed stress lines x Removed open pores and blackheads Removed the start of Diminished the formation of vertical lage sags the double chirf look That look286 words
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ADVERTISING & MARKETING
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Article, Illustration687 1991-10-03 14 Salil Tripathi - BT recently reported that Air India would end its account with Ball Partnership. Salil Tripathi provides the background to this decision Salil Tripathi Air indias controversial decision to terminate its international advertising account with the Ball Partnership in Singapore is believed to be part of687 words
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Article, Illustration416 1991-10-03 14 Hong Lee Tiam - By Hong Lee Tiam WITH Japanese tourists coming to Singapore in smaller numbers, fashionable crystal and fine bone china retailer Waterford Wedgewood Trading has decided to focus on the lucrative Asean market instead. Waterford Wedgewood Trading, a subsidiary of the UK-based Waterford Wedgewood pic,Picture by Chris Loh - 416 words
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Article430 1991-10-03 14 COPY FUJI XEROX Singapore has set up its own consumer club called X2C. Fuji's marketing executive, Edwina Wee said the club aims to reach out to customers in a more personalised way, and is part of an aggressive marketing push to involve customers in the company's business430 words
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Article, Illustration578 1991-10-03 14 Sangeeta Mulchand - Ball Partnership tells Sangeeta Mulchand its side of the story Sangeeta Mulchand THE Air India account represents just one per cent of The Ball Partnership's (TBP) income, and its loss will not affect the advertising agency's business, according to TBP chairman and managing director578 words
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220 1991-10-03 14 Backer spieivogei Bates (BSB) Singapore captured the prestigious Army advertising and communications account last week. The Singapore Armed Forces (SAF) contract, with billings in excess of $2 million, is reputed to be one of the largest in the local market. BSB Singapore220 words
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Page 14 Advertisements
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Advertisement55 1991-10-03 14 In Asia's bustling cities, the renowned hospitality of Shangri-La hotels awaits you ...where the American Express* Card is always welcome. fiuesj v warm .in J hitspujhlt- rot option Membership Has Its Privileges: Don't leave home without it* 0 SHANGRI-LA INTERNATIONAL HOTELS RESORTS BALI- BANGKOK BEIJING FIJI HANGZHOU HONG KONG KOTA55 words
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Advertisement72 1991-10-03 14 ACCOUNT EXECUTIVE SMALL AGGRESSIVE ADVERTISING AGENCY, PART OF AN INTERNATIONAL GROUP IS LOOKING FOR A HIGHLY MOTIVATED PERSON TO JOIN THEIR CLIENT-SERVICING TEAM. SUCCESSFUL CANDIDATE MUST BE ABLE TO WRITE COPY, HANDLE MEDIA AND PRODUCTION AND WORK WITHOUT SUPERVISION. POSSESSION OF A VALID DRIVING LICENCE IS ESSENTIAL VISUALISER/ F.A. ARTIST72 words
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SPORTS
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Article, Illustration327 1991-10-03 15 Reuter SYDNEY As fighting rages across Yugoslavia. Goran Ivanisevic, ranked among the world's top 20 tennis players, says he is ready to join and fund the battle for his homeland, the rebel republic of Croatia. "If it is necessary, I go," Ivanisevic toldReuter - 327 words
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280 1991-10-03 15 AFP STOKE, England Mark Johnston-Allen scored an ama/ing double over world number one Stephen Hendry in the European Open here on Tuesday. Hendry fell in the sixth round 5-2 to the 22-year-old former public schoolboy and is now out of all three of thisAFP - 280 words
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Article, Illustration453 1991-10-03 15 AP LOS ANGELES A woman who says Mike Tyson fathered her child has filed a USSI2 million (5520.24 million) palimony and paternity lawsuit against the boxer and Don King, claiming Tyson backed out of the relationship at the promoter's urging. Both Tyson and KingAP - 453 words
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SIDE LINES
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95 1991-10-03 15 PROVIDENCE. Rhode Island Vinnie Pazienza of the United States became the new World Boxing Association (WBA) light-middleweight champion here on Tuesday when he stopped plucky French titleholder Gilbert Dele in the twelfth and final round of an all-action contest. Pazienza, 28 and former International Boxing95 words
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Article149 1991-10-03 15 PARIS France, which in 1982 chose a clay court to try to beat John McEnroe's United States, has now opted for a synthetic surface to take on Andre Agassi and Jim Courier in the Davis Cup final. Agassi beat Courier in the French Open final in149 words
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Article103 1991-10-03 15 LEIP/IG. Gcrmanx Ankc Huber, Germany's 16-year-old rising tennis star, and Isabelle Demongeot of France won in first round pla> at the International Women's Tennis Tournament on Tuesday. Huber. number 19 in the world, easih defeated kataryna Nowak of Poland in just 60 minutev 6-2. 6-1. Demongeot beat103 words
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Article98 1991-10-03 15 SAN DIEGO The manager of a US indoor soccer club flew to Buenos Aires on Tuesday to hold exploratory talks with representatives of disgraced Argentine star Maradona. the club announced. Oscar Ancira, manager of the San Diego Sockers of the Major Soccer League, planned to98 words
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Article83 1991-10-03 15 TOULOUSE French Davis Cup captain Yannick Noah, who is considering playing the doubles alongside Guy Forget against the United States in next month's final, entertained the crowds but was beaten in three-sets by compatriot Thierry Champion in the first round of the U*****,000 ATP83 words
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Page 15 Advertisements
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Advertisement9 1991-10-03 15 m^sssam V-~ i -> Ht iK ~v fK; k ®r,9 words
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Page 16 Advertisements
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Advertisement821 1991-10-03 16 WHERE TO WINE, DINE AND ENTEBTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE ft Dessert on the House Any item you order from our a la carte menu (beverages and desserts excluded) entitles you to complimentary local and Nonya desserts from 6.00pm to 10.00pm daily. King m821 words
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Advertisement207 1991-10-03 16 o Urn cant resist a Cjerman dish. \k )>JU—tS Hi! German Buffet Lunch October I—3l Noon 2.30 pm Adult: $36+ Child below 10: $18+ We serue the world to you at The Belvedere. ifr tffff Up Aww Ontvrd «o*d r<4 7)7«4II Where the service Is good, the ambience graot. the207 words
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Page 16 Miscellaneous
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Miscellaneous577 1991-10-03 16 TELEVISION AND RADIO SBCI2 7.00 8.00 6.55 7.00 8.00 9.20 9.50 10.45 12.20 AM CNN International (L) Close. PM Programme Highlights. CNN International < L). Insight India's Rajiv: The Person. Sporting Class: Play Snooker Controlling the Cue Ball. Wild South Heaven on Earth (See Our Choice). Greats from Graham Greene577 words
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LIFESTYLE
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Article, Illustration823 1991-10-03 17 Sarimah Othman - Malaysian entertainer Datuk Jins Shamsudin used to be unpopular with the girls in his school. But he soon overcame that with a camera. Now he has a collection of about 30 old cameras and other items that most people regard as junk. Sanmah Othman reports. Sarimah OthmanBernama - 823 words
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Article, Illustration320 1991-10-03 17 Women are the latest target in Japan's tonic drinks markets The Economist IT USED to be only the men in Japan who needed pepping up. Make-believe aphrodisiaes were gulped down by the gallon by optimistic Japanese. These days, though. Japan's new generation of career womenThe Economist - 320 words
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Article, Illustration495 1991-10-03 17 CHATTERBOX SONNY BONO, former half of the pop duo Sonny and Cher and the current mayor of Palm Springs, has announced he's running for the US Senate. Bono, a Republican, said he will do his best to establish credibility, even though he acknowledges495 words
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Page 17 Advertisements
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Advertisement202 1991-10-03 17 AND ENTERTAIN *7 I Ra Shai Mase For the fresh and flavourful taste of Japanese haute cuisine only at Unkai Japanese Restaurant. Lunch 12 noon to 2.15 pm Dinner 6.30 to 10.15pm. ANA HOTEL For reservations, SINCAPORE please call 732-1222 ext 1589. 16 EH CANTO-POP LOVERS MEET AT 181 "J?202 words
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Advertisement203 1991-10-03 17 WE'LL DELIVER TO YOUR HOME OR OFFICE AT NO EXTRA COST! r. Name Mr/Mrs/Miss Address Tel <h> <o> Company Designation J Enclosed is a cheque/draft no tor SS made payable to Times Periodicals Pte Ltd. J Charge my American Express/Visa/Mastercard/Diners tor SS Account Card No Expiry Date Signature Subscription No.203 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration776 1991-10-03 18 Carolyn Lim - By Carolyn Lim THE MARKET again headed south yesterday but players ignored the Straits Times industrial Index's 4.61-point slide to 1,357.04 as all eyes were focused on OCBC foreign and local shares. Following news that the bank's foreign holdings had fallen to 39.4776 words
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Article1027 1991-10-03 19 Gr's Gr's 1991 TH IjLSt Vol Day Last Quote l)i» Div YTd Net M Cap High IJOW Code Company Sale +or(TOO) High Low Buyer Seller Cvt P/E Smil MALAYSIAN STOCKS 575 450 t 1091 Perils Plant 470 xd 462 468 16.0 3.2 2.1 14.6 1153.01,027 words
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BT SHARE INFORMATION SERVICE
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Article122 1991-10-03 20 Figures m brackets are for the previous corresponding period, (i): Adjusted for scrip issues, (b): In million Dutch Florins, (c): Profit after ta*, (d): In million HKJ Company's profit, (f): In million yen. L loss. TE: Ta* Exempted, NY A: Not Yet Available, Profit after ta* minority interests,122 words
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Article85 1991-10-03 20 Keppel Inv Wrts are convertible to Straits Steamship ordinary shares Where warrant holders have the option to use loan stocks or loan stocks and cash to tender for shares 1 (Wrt price t conversion ratio eiercise price share price) share price 2 tWrt price conversion ratio)85 words
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Article815 1991-10-03 20 Oct 1 Hong Fok Corporation and its Hongkong listed subsidiary Winfoong Investment Ltd. have agreed to sell their interests in a development project in Hongkong for HKs2Bom (SJ6lm) Public Bank Bhd has signed an agreement with Bank for Investment and Development ot Vietnam to establish a |oint venture815 words
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Article115 1991-10-03 20 Al shares quoted haw a par value of SI unless otherwise specified (a) Adiusted fw scrip issue, (b) First and Final. NYA Not Yet Available (c) Includes <1 special dividend (d) Includes 61 special dividend (e) Income Distributor, (f) Includes 31 bonus dividend (g) 'i Yearty Interest (h)115 words
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Article66 1991-10-03 20 Net Profit represents consoMated earnings after provision for depreciaton.interest charges taiatior and minority interests, (a): Adjusted for scnp issue, (b) In rraNton yen. (C) In Austrafcan dollars (d) In million guilders, (e) In HKsm. Profit before ta«. TE Ta« Eiempt NA Not Available L: Loss (f) USJm. (g)66 words
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Article228 1991-10-03 20 Bedford Bhd: EGM at the Conference Room. 14th Floor. Bangunan Hong Leong. 117 Jalan Tun HS Lee, ***** Kuala Lumpur on Thursday. Oct 3. at 9 30am. Acma Ltd: EGM at The Conference Room, 17 Jurong Port Road, Singapore 2261 on Thursday, Oct 10. at 3.30pm. Bandar Raya228 words
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Page 20 Advertisements
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Advertisement18 1991-10-03 20 You Decide Which Zone You Prefer: fimeszone amMMMNMMNMNMNMK Zonal Advertising Nesa 740-2111 Every Thursday Friday The Straits Times18 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration424 1991-10-03 21 Bernama SHARE PRICES in Kuala Lumpur closed easier yesterday in slow trade as the market extended its bearish trend due to buyers' reserve. Dealers said investors kept to the sidelines on the lack of fresh incentives while unclear leads from major bourses alsoBernama - 424 words
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Page 21 Advertisements
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Advertisement90 1991-10-03 21 This announcement appears as a matter of record only The Bank of Asia Ltd. U5520,000,000 Syndicated Loan Facility Arranged by Westpac Singapore Limited Funds provided by BanCO Hispano Americano S.A. Hong Kong Branch Malayan Banking Berhad Singapore Branch Osterreichische Landerbank Hong Kong Branch Westpac Banking Corporation Banca Nazionale deH'Agricoltura Hong90 words
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TOKYO STOCK EXCHANGE
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Article, Illustration488 1991-10-03 22 Reuter TOKYO STOCKS closed little changed. Brokers said profit-taking capped gains on the key Nikkei Average but hopes for easier credit helped cushion declines. The broader Topix index closed at its high as buying broadened to encompass smaller issues. "The Nikkei's flounderingReuter - 488 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration191 1991-10-03 22 AP Reuter HONGKONG share prices closed higher in active trading yesterday. The Hang Seng Index, the market's key indicator of blue chips, rose 38.20 points, closing at 4,062.07. Turnover amounted to HK$ 1.669 billion, up from Tuesday's HK$ 1.334 billion. "The market willAP; Reuter - 191 words
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Page 22 Advertisements
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Advertisement15 1991-10-03 22 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times15 words
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REGIONAL STOCK MARKETS
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Most regional markets lose ground
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Article212 1991-10-03 23 PROFIT-TAKERS in New Zealand closed in to send share prices lower yesterday after a five-day gaining streak although sentiment is still bullish. "Today was the day the market took a breather," Cavill White's Don Turkington said. The NZSE-40 capital index fell 4.15 to 1,469.60 on volume of 15.6212 words
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Article188 1991-10-03 23 THE AUSTRALIAN share market yesterday failed to carry on from Tuesday's dramatic rally and ended the day slightly lower in mixed trade. Brokers said the market indicator could crack 1,600 points within a week but needed time to consolidate after a dive in the August current account pushed the188 words
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Article186 1991-10-03 23 SHARE PRICES in Bangkok ended sharply lower yesterday as investors sold on the belief that prices may be on a downtrend, brokers said. "They could not resist selling any more because they saw no good news to move the market up," said a broker at Multi-Credit Corporation of Thailand.186 words
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Article140 1991-10-03 23 PHILIPPINE shares staged a mild rebound yesterday in reaction to agreement late Tuesday among some senators opposed to US military bases in the country to allow an American withdrawal within a year. Trading closed before President Corazon Aquino said Manila would give the US three years to withdraw. But140 words
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Article59 1991-10-03 23 Abava are prlca trend* oa tfca world'» aujor stock aurliats at calcatatad toy Margaa Tlmlii firttil Mareafiaaal Pare#actfra. fiaaava. Micas mmU4 a* a are tehaa Ire* a baaa af 100 at t* > YaTmTnw aSarlScaa are tafcaa Ire* a haaa o4 100 at tka ba(Ma« ot 1970. Tka pareartact dMfa59 words
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Article132 1991-10-03 23 SEOUL STOCKS drifted to a lower close on profit-taking in reduced trading volume as most investors were sidelined in a market without a clear trend. "Most investors appeared to have little confidence in the future market direction. They took prudent attitudes to reduce risks, which brought on a reduction132 words
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Article57 1991-10-03 23 SHARE PRICES in Taiwan closed slightly lower yesterday in slow trade as investors awaited further bank interest rate cuts and worried about possible demonstrations on the country's national day on Oct 20, brokers said. The weighted index finished 28.31 points at 4,830.13 compared with Tuesday's 4,858.44 close. Turnover was57 words
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Page 23 Advertisements
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Advertisement29 1991-10-03 23 The Bombay Stock Exchange was closed for Mahatma Gandhi's birthday yesterday. Trading resumes today. The Jakarta report was not available Managers must manage. BT shows you how every Monday.29 words
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WORLD STOCK MARKETS
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Dow up slightly, Nasdaq ends at new high
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Article, Illustration647 1991-10-03 24 WALL STREET stocks ended an inconclusive trading day on Tuesday with mild gains as investors digested leading indicators and purchasing managers data and settled in to wait for tomorrow's September jobs report. Bond prices, which edged up early in the day, cut their gains on news that the647 words
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Article, Illustration301 1991-10-03 24 SHARE PRICES rose in a moderately active session on the London Stock Ex- change on Tuesday. Shares shot higher on the opening bell after news reports suggested that Prime Minister John Major had ruled out an Autumn general election. The political uncertainty that had been overhanging the market for301 words
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Article127 1991-10-03 24 SHARES IN Frankfurt ended on an uneven note on Tuesday and the DAX index closed up 0.16 of a per cent at 1,609.62 points while the Commerzbank index fell 0.02 of a per cent at 1,869.20 points. Trading volume was slightly up on the level in recent sessions, but127 words
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Article164 1991-10-03 24 DUTCH SHARES were steady in quiet trading on Tuesday. The 25-share EOE index was 0.84 points higher at 272.57 after touching an earlier high of 273.09. The CBS tendency index was up 0.2 at 89.9. Anglo-Dutch food to detergents group Unilever stood out with a gain of three guilders164 words
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Article93 1991-10-03 24 FRENCH SHARES were stuck in a narrow range with the stock index failing to break through stiff resistance near the 1,900 level. The bourse traded in an eight-point range in thin volume after Monday's heavy turnover linked to futures arbitrage. The CAC-40 index was quoted 6.38 points or 0.3493 words
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Article158 1991-10-03 24 ITALIAN shares closed firmer on Tuesday, in a session market by the strong performance of shares in computer maker Olivetti and Carlo De Bendetti's industrial holding CIR. Brokers said Monday's Cabinet approval of the 1992 budget proposals, the trouble-free settlement of the September account and overnight gains in overseas158 words
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Article145 1991-10-03 24 SWISS SHARES ended slightly firmer on Tuesday. Dealers said trading slowed after the first hour on a lack of follow-through buying. The All-Share SPI index rose 1.7 points to 1,080.5 while the SMI index of leading shares was 5.6 points higher at 1,670.6. Dealers said the market had wel-145 words
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Article123 1991-10-03 24 PRICES ON THE Stockholm bourse were mixed on Tuesday in moderate early trade focused on the release of the eight-month results of bank groups Handelsbanken and Gota. By mid-day, the general index was down 0.11 of a per cent to 1,023.70 in turnover of 175 million crowns. Blue chips123 words
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Article128 1991-10-03 24 BELGIAN SHARES were mixed in nervous trading on Tuesday with Generate Bank seeing the biggest volume, dealers said. "Generate Bank had the biggest volume so far today the utilities like Generate Bank and Electrabel will be the first to show any improvement, sending a signal that perhaps in the128 words
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Article100 1991-10-03 24 JOHANNESBURG share prices ended little changed on Tuesday in dull and directionless trading as market players searched for fresh direction. Gold shares regained some small early losses in the afternoon in tandem with narrow movements in world bullion prices, but the rest of the market drifted aimlessly as interest100 words
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Article95 1991-10-03 24 TORONTO STOCKS finished slightly higher on Tuesday amid quiet, lacklustre trade, traders said. They said there was little feature to the market, with interest-sensitive stocks gaining and gold shares losing some of gains scored Monday. Activity was subdued ahead of third quarter earnings. Rogers Cantel gained to 20% as95 words
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Page 24 Advertisements
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Advertisement14 1991-10-03 24 Managers must manage. BT shows you how every Monday Chartpoint in BT every Saturday14 words
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CURRENCY, MONEY & FUTURES MARKETS
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1194 1991-10-03 25 REPORTS ASIA Tokyo: The dollar continued to stay trapped in a narrow range yesterday with little incentive for dealers to open new positions, Asian dealers said. "Nobody knows what to do," one dealer with a US bank in Singapore said. "It looks1,194 words
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Article10 1991-10-03 25 Source: UOB Source: Astley Pearce Source: OCBC10 words
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Article40 1991-10-03 25 Rates quoted by Astley Pearce Rates quoted by NatWest Sow Rased on latest issues Source: The Monetary Authority of Singapore < eniral hunk dist imnl rates Iterate ol I? f\ink\ Html Source: National Westminister Bank Source: National Westminister Bank40 words
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425 1991-10-03 25 Reuter TAIPEI Taiwan will give a boost to its 12-year-old foreign exchange market by adding trading of third currencies through Hong-kong-based money brokers as part of its bid to make the island an Asian regional financial centre. "We will choose either yenReuter - 425 words
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Article452 1991-10-03 25 Reuter WELLINGTON The New Zealand dollar, long one of the world's high-yield currencies. is no longer a member of that sought after group, analysts said. The Reserve Bank (RB) emphasised that it sent interest rates and the Kiwi dollar spiralling down by easing monetary policyReuter - 452 words
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Article17 1991-10-03 25 Note: Volume and open interest are for previous day trading. Source: Singapore International Monetary Exchange17 words
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Page 25 Advertisements
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Advertisement6 1991-10-03 25 Innovation Technology in BT every Tuesday6 words
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COMMODITIES
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320 1991-10-03 26 Confidence follows recent KL mission to region UPI KUALA LUMPUR Malaysian palm oil is poised to make further inroads into the Latin American markets, reflecting the keen interest shown by the consumers and users of oils and fats in the region. PrimaryUPI - 320 words
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372 1991-10-03 26 UPI NICOSIA Saudi Arabia, which called for Opcc crude production to rise to 24.5 million barrels a day or more in the fourth quarter at last week's cartel conference in Geneva, with a Saudi output of 8.5 million barrels a day, isUPI - 372 words
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802 1991-10-03 26 REPORTS GOLD closed near its day's low of U*****.80/353.30 an ounce on overseas and local physical selling yesterday, but dealers said trade was otherwise quiet. Bullion ended at U*****.90/353.40 from New York's U*****.00/50 close on Tuesday. Dealers expect prices to test the US$352802 words
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Page 26 Advertisements
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Advertisement539 1991-10-03 26 BUSINESS TIMES NOTICES TELEPHONE: 730-5771/5772/5773 FAX: 734-4982 US 33,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE 30TH MARCH 1993 m STACO INTERNATIONAL FINANCE LIMITED A wholly owned subsidiary of Bank Dagang Negara In accordance with the provisions of the Certificates, notice is hereby given that for the six539 words
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Advertisement342 1991-10-03 26 MARKBY PTE LTD (la voluntary Liquidation) NOTICE OF FINAL MEETING Notice is hereby tiven pursuant to Section 308 of the Companies Act, Cap.SO. that the final General Meetinc of the members of the Company will be held at 10S Sims Ave #06-13, S'pore 1438 on 2nd November 1991 at 12.30342 words
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Advertisement11 1991-10-03 26 Your search for EXECUTIVE OPPORTUNITIES begins with the EXECUTIVE APPOINTMENTS page11 words
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THE TRAVEL PAGE
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Article, Illustration627 1991-10-03 27 ANS - LETTER FROM TOKYO By ANS AS MORE Japanese skiers are attaching greater importance to enjoying the atmosphere and facilities of ski resorts rather than learning the sport itself, making reservations at popular resorts is getting increasingly difficult, according to industry officials. "Ski booms in the627 words
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Article12 1991-10-03 27 Source: Republic National Bank of New York (S) Ltd12 words
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Article294 1991-10-03 27 AIRLINE CODES: AC: A* Canada. Al: Air India. AY: Finna* Oy. A2. Alitalia. BA Bntisfi Airways PubK Ltd Co. BG Biman Bangladesh Airlines. Bl; Royal Brunei Amines Ltd. CA Air China. CI: China Airlines Ltd. CV Cargtfu* Airlines International SA. CX: Cathay Pacific Airways Ltd. FM294 words
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Page 27 Advertisements
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Advertisement31 1991-10-03 27 Irving, don't forget Finnair oonducts a brilliant service to Berlin. And to over 30 European destinations from Amsterdam to Athens Call *****77 for details. We know Europe from start to Finnish.31 words
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Advertisement42 1991-10-03 27 ni' J/f bla/u .ALU? That's what SBC star Li will try to do re-create this classic pose of the I legendary Marilyn Monroe, j But has she the assets to m I '£<• From lunch m A tj time. Monday iS "If Saturday42 words
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Page 27 Miscellaneous
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Miscellaneous81 1991-10-03 27 processing (7) Get lost in proverb? (8) Fellow with unrestrained sound (8) Tense faulty? (9) Train Bill to take copper? Most unusual! (8) Fancy-man held for questioning (7) Girl's directed to withhold approval (7) Memento of priest in his church (5) Travel urge (5) She helped to raise the Siamese81 words
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Miscellaneous160 1991-10-03 27 WEATHER Singapore Outlook: Hazy with showers over a few areas in the afternoon. Report: Maximum temperature 31.7 Assoc humidity 70% Minimum temperature 26.6 Assoc humidity... 87% Hours of sunshine 4.10 Rainfall in mm Nil Rainfall this month Nil Rainy days this month 0 World forecast Asia-Pacific Hi/Lo* Auckland 15/9 Bangkok160 words
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Miscellaneous30 1991-10-03 27 BriStcW: Fanfc-DLcfceae PND PROM M/ PLACC OF CONCEALMENT I CP*N ST\LL. TME. BATTLE. RAGING IN rwe 6UVING pePP^RTM£.NT. EVENING STANDARD CO LTD IM2-IMI This is &ristou).... prrreM ©Rooon .COPcofmsd... 852830 words
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409 1991-10-03 28 Move may end bid to reverse Senate decision AFP MANILA President Corazon Aquino said on Wednesday she would negotiate an agreement to end within three years nearly a century of American military presence in the Philippines, ending a bitter debate thatAFP - 409 words
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189 1991-10-03 28 AP TOKYO Japan's four largest brokerages compensated clients for trading losses in violation of agreements against such practices 26 times during the last fiscal year, a Finance Ministry official said on Wednesday. The chief of the ministry's Securities Bureau, Nobuhiko Matsuno, told Parliament thatAP - 189 words
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Article, Illustration42 1991-10-03 28 JIRKOV, Czechoslovakia A man and his son peering into a Soviet army tank on sale at a second-hand car market on Tuesday. The best offer that the dealer has received for it so far has been US$2O,OOO (5533,800).42 words
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115 1991-10-03 28 AFP BANGKOK Thailand's junta leader and former military supreme commander, General Sunthorn Kongsompong, has hit out at the government's refusal to increase the military budget. Gen Sunthorn, referring to military-appointed Thai Prime Minister Anand Panyarachun, said on Tuesday, "I will never forget thatAFP - 115 words
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246 1991-10-03 28 AP MOSCOW The Soviet Union will try to match US plans for cuts in short-range nuclear weapons because "it would be a sin" to miss a historic opportunity. President Mikhail S Gorbachev's spokesman said on Tuesday. Not only weapons cuts butAP - 246 words
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Article, Illustration329 1991-10-03 28 AFP TOKYO Sony Corp chairman Akio Morita said yesterday that Japanese consumer electronics manufacturers had agreed at a meeting with their European counterparts to raise local content at their plants in Europe. "We would like to increase the supplyAFP - 329 words
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Article, Illustration586 1991-10-03 28 SN VASUKI; SN VASUKI - The Bottom Line SN VASUKI SN VASUKI The writer is a BT journalist NOT LONG AGO, it was fashionable to say that the next century would be a "Pacific Century". But over the last two years, the fall of the Berlin Wall,586 words
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Page 28 Advertisements
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Advertisement6 1991-10-03 28 Nikon The World's Finest Photographic Systems6 words
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Advertisement208 1991-10-03 28 Nikon The World's Finest Photographic Systems FOR SALE BY INTERNATIONAL TENDER THE HYER CENTRE BRISBANE. AUSTRALIA. Under Instructions From The Provisional Liquidators Messrs R.A. Barber and G.P. Kelly of /Vic? Wuterhouse II r a ft AUSTRALIA'S MOST DYNAMIC CBD RETAIL INVESTMENT The Myer Centre, one of Australia's newest and largest208 words
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Shipping Times
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Article, Illustration493 1991-10-03 29 Rahita Elias - By Rahita Elias SINGAPORE'S air express industry, which grew by a hefty 30 per cent last year, is still expanding strongly. According to the latest figures from the Civil Aviation Authority of Singapore, the industry handled a total ofSource: CAAS - 493 words
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303 1991-10-03 29 A.IR COURIER companies in Singapore are constantly inflovating to ensure that they maintain an edge over their competitors. For instance, US-based Federal Express launched a new service called Express Freighter on Tuesday. The company now offers an overnight service from Singapore to any303 words
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199 1991-10-03 29 AFP TOKYO Japanese parcel delivery company Footwork International Corp has acquired German transport group Harry W HamacherSpediteur GmbH for about 10 billion yen (S$ 127.5 million), a company spokesman said on Tuesday. Footwork, an Osaka-based company set up by seven truck companiesAFP - 199 words
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210 1991-10-03 29 FT A GROUP of financial institutions in the United Kingdom is in discussions with Continental European defence companies to organise a break-up bid for British Aerospace. The institutions are counting on the reluctance of BAE's shareholders to buy new shares in the defenceFT - 210 words
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NEWS SUMMARY
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56 1991-10-03 29 AMERICA'S merchant fleet must reverse its decline if the US is to remain a superpower, argues Philip J Shapiro, president and CEO of Liberty Maritime Corp and Liberty Shipping Group. In the first of a two-part article, he examines government policies that have56 words
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27 1991-10-03 29 CHRYSLER Corp has raised about USS3SO million with the sale of new common stock to a syndicate of investment banks Back Page27 words
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24 1991-10-03 29 SWISSAIR. Scandinavian Airlines Systems and Austrian Airlines will extend their cooperation in air travel and associated serv ices Back Page24 words
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25 1991-10-03 29 AN accord between Belgian airline Sabena SA and Air France could be concluded in about one week Back Page25 words
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39 1991-10-03 29 The British government hopes to raise about £5 billion from the sale of part of its stake in former state telephone monopoly British Telecom, now known as BT Back Page39 words
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LOG BOOK
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67 1991-10-03 30 PARIS French shipping firm Delmas will absorb shipping group SCAC by the end of the year through a share swap, the firms said in a statement on Tuesday. Bollore Technologies, which controls both firms, is offering to exchange seven Delmas shares for 1067 words
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Article82 1991-10-03 30 GOTHENBURG, Sweden Swedish carmaker Volvo said on Tuesday that it had won a 12.5 billion kroner (553.3 billion) order to build four and five-cylinder engines to be delivered to French company Renault between 1993 and 2002. It is one of the largest orders ever82 words
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Article110 1991-10-03 30 WELLINGTON A ferry with 300 passengers was struggling to reach shelter late on Tuesday after huge seas prevented it entering port. Radio New Zealand reported. The Aratika, a ferry of the government-owned Interislands company operating between Wellington in the North Island and Picton in110 words
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Article53 1991-10-03 30 LONDON Mines have been laid in Yugoslav waters by Croatian forces, according to a report received by Lloyd's Shipping Intelligence Service. In particular, it was reported that the Bay of Kastel and entry into the port of Lora had been mined. Hostile activity may be going on53 words
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Article75 1991-10-03 30 TOKYO Toyota Motor Corp will start exporting vehicles to Israel later this month, beginning with a first shipment of about 300, a company spokesman said. The exports will consist mostly of Toyota's 1600 cc Corolla cars, with some Starlets and pickup trucks. Toyota, Japan's largest75 words
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Article106 1991-10-03 30 MOSCOW An airliner, billed as the first direct flight from Moscow to Tel Aviv with emigrants for Israel, was delayed in leaving the Soviet capital on Tuesday, Tass news agency said. Russian television reported that it had left but Tass said later the plane had not taken106 words
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Article, Illustration1414 1991-10-03 30 Philip J Shapiro - America's merchant fleet must reverse its decline if the US is to remain a superpower, argues Philip J Shapiro, president and CEO of Liberty Maritime Corp"and Liberty Shipping Group. In the first of a two-part article, reprinted from the VIA Port of1,414 words
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Article1187 1991-10-03 30 THE Baltic Freight Index on Tuesday rose four points to 1,528 in line with improved Atlantic freight rates, brokers said. Although few fixtures were reported, brokers said Soviet grain chartering was imminent in the wake of Tuesday's approval of further US Agricultural credit guarantees. President Bush made US$5B51,187 words
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Article326 1991-10-03 30 Page Col Pelni Lines 7 1 Perita Shpg 13 1 Pkapalan Dhai Zhun 5 1 Perkins 12 5 Phili-Orient Lines 8 4/5 P N Cont Line 9 3 Polish Oc. Lines 4 4/5 POL(M) Sdn Bhd 8 2 Poseidon Cont Tpt 13 PPS Shpg 5 2 Prized326 words
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Article9833 1991-10-03 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum9,833 words
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Article3296 1991-10-03 43 Aac Container line NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sea-Air Service: Frata Shpg Pte Ltd3,296 words
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Article261 1991-10-03 43 Abacus C ouriers Tel: 545-8011 l ax: *****98 Air Express I ra»el Tel: 533-5771. ha* *****44 Airborne hreiithl Corporation Tel: 542-8844 Fax: *****16. *****80 Airswift Worldwide Courier Tel: 278-0188 Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. C its I ink International Tel: 344-3377. Kax261 words
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Article1550 1991-10-03 43 Abex Express Freight Tel: 542-7171. Fax: *****84. \ctinic Forwarder Tel: 225-1833. Fax: *****42. Vctivair Singapore Tel: 542-7822. Fax: *****20 Aerolink Freight International Tel 545-8033. Fax: *****05. Vents peed Tel: 542-591 1. Fax: *****18. Air Cargo No»o Express Tel 542-5454. Fax: *****06 Air Express International Tel 542- 7 6661,550 words
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Article1435 1991-10-03 44 SHIP SALES TANKER RATES The information contributed by Simpson Spence Young ALTHOUGH fewer sales have come to light, there has still been positive enquiry, especially for modern bulk tonnage. Due to the Equinox holidays earlier last week, it has been relatively quiet although a number of new secondhand candidates haveThe information contributed by Simpson Spence & Young - 1,435 words
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Article140 1991-10-03 44 Only one of the flights will operate at any one time. ABBREVIATIONS Airline operators. AZA: Alitalia. CAL:C"hina Airlines. CLX: Cargolux Airlines. DLH Lufthansa. JAL: Japan Airlines. KAL: Korean Airlines. NCA: Nippon Cargo Airlines. NWA: Northwest Airlines. RJA: Royal Jordanian Airlines. SIA: Singapore Airlines. Place names. AKL: Auckland;140 words
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SHIPS IN PORT
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Article197 1991-10-03 45 Johore Port Berth: 1: nil: 2: Napili. Pearl: 3: nil; 4 Sayany; 5: Wan Ling; 6: Bunga Penaga. Oi jetty: lomoe 567. Continental Rose. DCJ: nil. Due on Oct 2: Courageventure L, Hai Heng 88. Johan No 2. Kota Makmur, Bunga Gelang. Due on Oct 3: StoJt197 words
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Article472 1991-10-03 45 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 and472 words
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Article, Illustration383 1991-10-03 46 NYT NEW YORK Chrysler Corp, seeking to shore up its sagging finances, raised approximately US$35O million (***** million) on Tuesday with a successful sale of new common stock to a syndicate of investment banks. Demand for the stock was strong enough for ChryslerNYT - 383 words
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241 1991-10-03 46 Reuter ZURICH The heads of Swissair, Scandinavian Airlines Systems (SAS) and Austrian Airlines (AUA) have decided to intensify their cooperation but are not considering a merger, Swissair said on Tuesday. It said Swissair-Schweizer-ische Luflverkehr AG president Otto Loepfe, SAS president Jan Carlzon and AUAReuter - 241 words
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265 1991-10-03 46 Reuter BRUSSELS Belgian airline Sabena SA is no longer negotiating a partnership agreement with British Airways pic and an accord with Air France is imminent, an airline industry source said on Tuesday. The source, who declined to be identified, saidReuter - 265 words
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143 1991-10-03 46 AP TAIPEI An American company on Tuesday signed a consultancy agreement for a NTS 184 billion (5511.7 billion) mass rapid transit system in the southern Taiwanese port city of Kaohsiung, officials said. Deleuw Cather International of Washington, DC, will handle the basic designAP - 143 words
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173 1991-10-03 46 AFP LONDON The British government has announced that it hopes to raise around £5 billion (S$ 14.7 billion) from the sale of part of its 47.8 per cent stake in former state telephone monopoly British Telecom, now known as BT.AFP - 173 words
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Page 29 Advertisements
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Advertisement449 1991-10-03 29 11 SingaPort '92 INTERNATIONAL MARITIME EXHIBITION AND CONFERENCE 25-28 March 1992 World Trade Centre Singapore Organised by: "0«T Of M/THOWTY PSA Managed by: TIMES CONFERENCES A EXHIBITIONS amtmbtrol Supported by: ASEAN Port Authorities Association (APAA) Association of Singapore Marine Industries (ASMI) International Association of Independent Tanker Owners (INTERTANKO) International Chamber449 words
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Advertisement88 1991-10-03 29 I CONTENTS A* Forwarders 15 to Frefht Schedule 16 Cockett Report 17 Container Schedule 17 Courier Services 15 Cruise t Ferry Schedules 16 Daily Fraghts 2 Indei to Advertisers 2 Shwng Agents 15 Shaping Gwde 10.11 Shipsales Tanker Rates 16 St*ps m Port 17 Singapore Tdes 17 Transport Diary 388 words
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Page 30 Advertisements
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Advertisement94 1991-10-03 30 FOR SALE CELLULAR CONTAINER SHIP "OCEANIA TRADER" BIT MIHO 75 HONDURAS FLG/REGISTRY ABT 2,373 DWT ON 4.5 M 1665 GRT LOA 85.5 M GLESS 108 TEU INCL 20 REEFER AKASAKA MAIN ENGINE ABT 13.25K ON 7.75T IFO 0.5T MDO ALL DETS "WOG" SEALED TENDERS IN US DOLLARS TO BE IN94 words
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Advertisement36 1991-10-03 30 The Cockett Bunker report is on Page 17 Lints and sarvlcaa raprasaatad by, Maaibars af tfca Raglstry af Accradltad Skipping Acanta, Singapara Natiaaai Ship-' ping Haaadattaw. Far admtisinx enquiries, c ontact Shmpmv l imey ZW 74()-2(m/74()-2(m36 words
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Page 31 Advertisements
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Advertisement920 1991-10-03 31 Dedicated to Quality Service OOCL (S) PTE LTD JAR DINE SHIPPING AGENCIES TEL *****11 FAX *****09 BOOKINGS TEL *****34 *****68 TERMINAI/CFS TEL *****18 220 PESAKA JARDINE SHIPPING AGENCIES SON. BHD PORT KHANG TEL: *****18 FAX *****91 *****88 PFNANG TEL *****4 FAX *****1 CFS TEL *****6 IPOFI TEL *****3/4 FAX *****6920 words
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Advertisement1223 1991-10-03 31 TRANSPORT DIARY Oct 10 (12.15pm-2.30pm): Luncheon lalk on "Oil Pollution", organised b> Singapore National Shipping Association at the World Trade Centre Club for further details, please contact SNS at tel: 273-1574 or fax 274-<074 Oct 15-16: Seminar on Trading. Shipping and Hanking Documentation for Procedural Export Operations, organised by I1,223 words
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Advertisement815 1991-10-03 31 MAERSK LINE TWO SAILINGS TO JAPAN LARS MAERSK V9lll ETA SIN 7/10/91 LOUIS MAERSK V9lOB ETA SIN 8/10/91 Voy ETA J ETO Singapore This week l ows Maersk 9106 CY 8/10 0000 MRS CfS 7/10 2359 HRS Feeder by Merkur Delta to DESTINATIONS Port Kelang Penang OAK LQ6 US Gulf815 words
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Page 32 Advertisements
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Advertisement521 1991-10-03 32 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT L ALL WIST SOUND P. KELANC PCNAIW CARGO TO UK/CONTINIMT VtA S PORE FOR CONNECTION 2. ALL SKIHKNTS TO BRUKRHAVEN VIA HAMBURG Also accepting cargo to: All UK N. Continent inland destinations. Belfast, Dublin, Copenhagen, Aarhus, Gothenburg, Malmo, Helsinki, Oslo, Amsterdam, Caribbean, S. America,521 words
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Advertisement556 1991-10-03 32 £3 CSAV Compania Sud Americana de Vaporea Chilean Line Eel 1872 SEASPAC SERVICE DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT COPIAPO 2601E8 5/10 18/10 20/10 26/10 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA. PAGO PAGO. APIA ft NUKUAIOAFA DIRECT CHILE/ SOUTH AMERICAN SERVICE SIN IQQ ANF VAP CLX COPIAPO556 words
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Advertisement1140 1991-10-03 32 w. REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE vsl/voy NORASIA SHARJAH 9130 3 NORASIA MUBARAK 9131-3 NORASIA AL MANSOORAH 9132-3 NORTH SEA 133W NORASIA SUN 9134-3 ALSO ACCEPTING CARGO TO ALL UK DESTINATIONS, SCANDINAVIAN (AARHUS INLAND PORTS. VALENCIA VIA ALGERCMAS WESTBOUND FOR MEDITERRANEAN VIA VLT (MALTA) COPENHAGEN. GOTHENBURG) AND1,140 words
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Page 33 Advertisements
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Advertisement1101 1991-10-03 33 Steamers Maritime Holdings Ltd P&O Containers BS STRAITS SHIPPING SlMJiorft to Rpmml Fast Malivtli IV DV IHVVy l>Ml >VMNI|«Mf Baatfeok Mi Vic dm in CONTAINER SERVICE TO UK;CONTINENT: (#)VU EASTBOUND P OCL VSIS Also Accepting Cargo For HAMBURG ROTTERDAM BREMERHAVEN SOUTHAMPTON To Copenhagen AArhus Gothenburg Maimo Stockholm Helsinki Sonderbufgm Bremenhaven1,101 words
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Advertisement1283 1991-10-03 33 tl CHO YANG LINE TO: U.S.A./PANAMA WEEKLY ROUND THE WORLD CONTAINER SERVICES FM: U.S.A./PANAMA VfSSfl/VOV IGB CM FM S«V NO* NVC VESSEL/VOY ASIAN SENATOR CHOVANG CHANCE CHOVANG SUCCISS on ROSTOCK GERMAN SENATOR CHOVANG P»*K CHOVANG VICTORY IF 1 39 IF 140 IFI4I IF 14? IF 143 1F144 IF 145 S1,283 words
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Advertisement434 1991-10-03 33 If/ Hai Sun Hup Co (Pte) Lt i MS -'i* l fl ■fx L"* Ull kastkkx car liner, ltd STRAITS/ JAPAN/ STRAITS SERVICE LOADING FOR OSAKA HIMEIJI TKY CHIBA YOKO/NAGOYA AMBALIKA V 64 N.B. ETA SPORE 12/10/91 ETA PK 14/10/91 LOADING FOR YOKOHAMA NAGOYA OSAKA COSMIC MASTER V 3 ETA434 words
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Page 34 Advertisements
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Advertisement510 1991-10-03 34 DJAKARTA LLOYD INDONESIAN NATIONAL LINE CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE WSL VOY MAT ARAM 30*8 SPORE 13/10 ROAM ADAM H BURG BREMEN ANTWERP 16/11 21/11 25/11 29/11 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|ect lo Inducement. Alto accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa.510 words
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Advertisement775 1991-10-03 34 HANJIN SHIPPING TO EUROPE VIA SUEZ IHAN)IN HAMBURG 00 /W HANJIN FEIIXSTOWE 009* HANJIN VANCOUVER 006W Spore 10 13 10 ?0 10 lEH RTM ANR HAM BRV Ffl 25 10 26 10 27 10 27 10 >8 10 ?9 104 ?/ll 7 II 3 11 4 ill 31/10 7/11 1/11775 words
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Advertisement1164 1991-10-03 34 EVERGREEN full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) PHI SCP WC KSG KIC NS *T 0» lIGT SK I»0 II! CHS BAi NIC IHV Ml* ROM W tCC PSD CM) PKL ll GOIOfN RE 032 910 910IS10l(10It10 21 10 22 10 24/10 25 10 24/10 20 10 **********1 24 111,164 words
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Page 35 Advertisements
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Advertisement1227 1991-10-03 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: USA SERVICE UK/EUROPE SERVICE AUST/INDIA/PAK SERVICE FAR EAST SERVICE *****16 *****19 *****18 *****48 NEPTUNELINK TEL *****00 TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/*****14 CFS K27 EXPORT *****53/*****04 CFS K27 IMPORT *****69/*****50 NEPLINE SDN BHD MALAYSIA K.L.-I03) *****33, P. Kelang-(03) *****87,1,227 words
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Advertisement460 1991-10-03 35 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) BALT ORIENT LINE ~a,' t .Vxka ,)A FULL CONTAINERSHIP SERVICES ANTWERP VIA ROTTERDAM 0 FOR DISCHARGE ONLY -t BftfMFRHAVEN460 words
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Page 36 Advertisements
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Advertisement1284 1991-10-03 36 K K LINE KAWASAKI KISEN KAISHA, LTD ICR No: **********0 M) AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD TEL *****77 TELEX: KAWAKI R*****5 FAX *****07/8/9 MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL SA *****00 PK *****01/5 PENANG *****0 JB *****1. INDONESIA: P.T. SARANA LAUT INTERNUSA. TEL: JKT *****76. *****77. *****081,284 words
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Advertisement984 1991-10-03 36 9 PHILI-ORICNT UN€S PTC LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 f1720 Tel: *****22/*****69/*****00 Talax: RS ***** FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION M.EAST INDIA MEDITERRANEAN CONV ENTIONAL FCL LCL SERVICE 10 OCT DUBAI.984 words
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Page 37 Advertisements
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Advertisement935 1991-10-03 37 PACIFIC INTERNATIONAL LINES (PTE) LTD PIL Building, 140 Cecil Street #03-00, Singapore 0106. CONTAINER SERVICES [BANGKOK. 3 I SEMARANG/SURABAYA VESSEL KOTA SURIA JENLINK PEGASUS PROGRESS KOTA PAHLAWAN KOTA BINTANG KOTA SURIA JENLINK PEGASUS PROGRESS KOTA PAHLAWAN KOTA BINTANG KOTA SURIA JENLINK PEGASUS PROGRESS KOTA PAHLAWAN KOTA BINTANG Ebeiawan/penang VESSEL VOY935 words
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Advertisement460 1991-10-03 37 BEN LINE CONTAINERS LTD v\ 200 Cantonment Road #13-05 Southpoint Singapore 0208. Tel: *****22 Fax: *****63 Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT CLOSING TIME FCL: 10/10/91 2200 HRS LCL: 10/10/91 0800 HRS CLOSING TIME:- FCL: LCL: 4/10/91 2300 HRS 4/10/91 0900 HRS EXPRESS CONTAINER SERVICE FROM UK/CONTINENT Agents:460 words
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Advertisement234 1991-10-03 37 (National Carrier of Jordan) JORDAN FAR EAST LINE S. A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS LOAO FM E MSIA/INDONESIAN PORTS SUBJECT TO INDUCEMENT General Agents: BEN LINE AGENCIES (S) PTE LTD. Tel: *****22 Fax: *****63 Tlx: R*****0, BINTANG MAS SHIPPING PTE. LTD. 3$ NEIL ROAD SMGAKME 0208234 words
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Advertisement459 1991-10-03 37 BOUSTEAD SHIPPING AGENCIES w MYANMA FIVE STAR UNE (Myanmar National Line) Loading (or Yangon (Rangoon) PINY* VI 17*1 MERGUI Vlo9* HPA AN VIMW Spore 11/15 Oct 17/20 Oct 27/30 Oct P.KIf Pen 6/9 Oct P.Gdj 13/16 Oct THE BANK UNE (A oarvlca of Andrew Walr Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT459 words
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Page 39 Advertisements
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Advertisement485 1991-10-03 39 CONTlNEN^^^^A^^NAii^^^ L 1 1 TO EUROPE (NORTH CONTINENT-UK -SCANDINAVIA) FEEDER VESSEL P.KLANO PENANQ OCEAN VESSEL SIH LE HAVRt(I>R OAM<I) SHAMPTONQ) WBU»Q<4) O BURO (»> Seroji/M Bhun Scrota* Bhum Scrota W Bhum Scroti N Bhum Serota/W Bhum SerotaW Bhum Scrota* Bhum S*foia/W Btxm (1) Para. Amsterdam. Antoerp, (3) Brnwi|h«n ItMt. 24/9485 words
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Advertisement308 1991-10-03 39 SOUTH AFRICA VESSEL SW Vaal/4756F 13/10 N Colombo/4855F 23/10 Osaka Maru/4960F 2/11 Durban P. Ebabeth C'Town 25/10 27/10 29/10 4/11 6/11 8/11 15/11 17/11 19/11 WEST AFRICA VESSEL Sn Lome Apapa Tema Abidjan NV Cloon/1237 8/10 28/10 29/10 4/11 6/11 N V Dtemen/1138 6/11 27/11 28/11 4/ 2 6/ 2308 words
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Page 40 Advertisements
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Advertisement577 1991-10-03 40 TO AUSTRALIA/NEW ZEALAND TO USA/CANADA Also accepting cargo totUSA Houston. Savannah Norfolk. Baltimore. New York CANADA —Montreal. Toronto FROM USA/CANADA/EUROPE/MEDITERRANEAN (iI\\K.R \I. \GK\T:- <• k.nowttvunm i:> BELSIN SHIPPING AGENCIES PTE. LTD. 158 Cecil Street —09-00 Dapenso BuiHiing Singapore 0106 Tel *****88 Fax: *****18 Tic ***** ABCS SUM(.i:\TS, BANGKOK OCEAN 81/577 words
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Advertisement745 1991-10-03 40 T.S.K. LINE (TOKYO SENPAKU KAISHA, LTD) STORE AGENT TSKLINE AGENCIES (S) PTE LTD 70 SHENTON WAY #04-01 MARINA HOUSE S PORE 0207 TEL: *****63 FAX: *****72/3 TLX: ***** TSKSIN EXPORTS TO HONGKONG. TAIWAN. MANILA I lAPAN TWICE WfEKIY" MALACCA STRAITS SERVICE ACX IMX AC» RUBY (ALSO ACCEPTING Fa TO HROSHMA)745 words
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Advertisement120 1991-10-03 40 .T "pi R U s'a'h"A AN Xm KALIMANTAN DIRECT WEEKLY SERVICE TO 1 JAKARTA/TG. PRIOK Vnsct ETA/ETD DESTINATION MAGA XXI Voy 21/91 4/5 Oct Jakarta/Patembanf MAGA XXI Voy 23/91 7/8 Oct Jakyta/Patemb»« MAGA 42 Voy 17/91 10/11 Oct Jakarta/Patentonf MAGA XXI Voy 22/91 12/14 Oct Jakarta/Patembanf MAGA XXI Voy 24/91120 words
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Advertisement773 1991-10-03 40 COS CHINA OCEAN SHIPPING COMPANY MALAYSIA'S AGENTS CHUNG CHIAO SHIPPING SON BHD Kl TCI *****91/17 FAX: ******2. ***** f KLANG TEL 36M106/I TLX :MA ***** PENANG TEL *****1 TLX MA ***** GUAN GUAN SHIPPING SDN BHD P KLANG TEL: 36*9206/7, *****55 FAX: 03 *****64 TLX MA ***** PENANG TEL: 04-*****7/(*****773 words
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Page 41 Advertisements
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Advertisement575 1991-10-03 41 CTE SHIPPING (S) PTE LTD 133 NEW BRIDGE ROAD #09-06 I H CHINATOWN POINT S (0105) Come On! Shippers! We are offering Competitive rates to Far East, Europe, Mediterranean ports.... We Handle your consignment with Care. Ship your consignment on Time. And do it with utmost Efficiency. Don't hesitate and575 words
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Advertisement203 1991-10-03 41 m RICHFIELD MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL LOADING FOR DARFSSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO MAURITIUS AND SOUTH AFRICA203 words
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Advertisement956 1991-10-03 41 SEAWARD SHIPPING AND TRADING CO (S) PTE LTD €1* rat nn*NG ETA MNANC 10 10 FOR BOOKINGS ENQUIRIES PLEASE CONTACT: SINGAPORE SEAWARD SHIPPING t TRADING CO (S) PTE LTD Ull. INTERNATIONAL PLA2A ANSON ROAD SINGAPORE 0207 TEL *****77 (S LINES) PORT KELANG ORIENTAL SHIPPING CORPORATION TEL K.L. *****6/4875*4 PORT KELANG956 words
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Advertisement283 1991-10-03 41 IRBHHE VSL VOY SINGAPORE MADRAS SINGAPORE VESSEL VOY TIGER BAY 175N TIGER CLIFF 05CS TIGER STAR 176N SIN MAA In Port 1113/10 10 11/10 17-19/10 15-16/10 22-24/10 SIN 19-20/10 25 26/10 30-31/10 VSL VOY SINGAPORE/CALCUTTA/SMGAPORE VESSEL VOY LHOTSE 409 TIGER RIVER 137CN8 EAGLE BREEZE 080 SIN In Port 06-07/10 14-15/10283 words
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Page 42 Advertisements
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Advertisement524 1991-10-03 42 STORE EXPORT: *****22 IMPORT: *****02 PENANG: (04) *****6 P KELANG: (03) *****77 SIBU: (084) *****9 JAKARTA: (21) *****32 KK: (088 *****0 KUCHING (082) *****3 TAWAU: (089) *****9 SURABAYA: (31) *****0 SIN 9/10 10/10 11 10 5/10 7/10 6/10 8/10 10/10 9 10 6/10 7 10 4/10 5/10 10 15 to524 words
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Advertisement361 1991-10-03 42 AUSTASIA LINE AND MERLION SHIPPING AGENCY BLUE STAR LINE SINGAPORE TO FROM NEW ZEALAND AND T/S TO FIJI TO AND FROM NEW ZEALAND PORTS SIN NPI AKL IVT SIN MULBERA 23% 11/10 MAHSURI 0506 26/10 PROSPECT 15S 7/11 23/10 VIA NPI 25/10 11/11 6/11 VIA NPI S/U 25/11 19/11 VIA361 words
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Advertisement728 1991-10-03 42 THONG SOON LINES PTE. LTD 77 ROBINSON ROAO #15-00, #16 00 SIA BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 VESSEL VOY KEE HKG SIN POM HON RAB LAE EQUATOR STAR 4/91S 30/09 02/10 07/10 17/10 20/10 23/10 26/10 EQUATOR RUBY 4/9 IS 14/10 17/10 22/10 30/10 03/11 06/11728 words
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Page 44 Advertisements
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Advertisement191 1991-10-03 44 INVESTING SUPPLEMENT 1991 A special Business Times Survey October 29, 1991 Bonus time is Just around the corner. And many of you will be looking at the numerous options of parking your hard-earned bonus. To assist you in making that Important choice, Business Times has invited local and foreign experts191 words
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Advertisement139 1991-10-03 44 UP. LIVING If v/T p> y 3^; EACH WEEKEND, put up your excculivc feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, you'll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying139 words
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Page 45 Advertisements
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Advertisement22 1991-10-03 45 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Ask For *****71 Nooranl *****72 Veronica *****73 1 Buhew Timet I KXKCTTIYE APPOIXTM KXTS22 words
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Page 45 Miscellaneous
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Miscellaneous329 1991-10-03 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI* 0000 0100 0200 0300 0400 0500 0(00 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1(00 1700 1100 1900 2000 2100 2200 2300 JR 09 08 08 09 1.2 15 1 7 19 20 19 18 16 15 15 1329 words
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Page 46 Advertisements
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Advertisement320 1991-10-03 46 CHARTPOINT Every Saturday in Business Times HYUNDAI MERCHANT MARINE CO. LTD. RELAY VIA KAO FULLY CONTAINERISED INTRA-ASIA SERVICE FIXED DAY DEDICATED STRAITS FEEDER SERVICES FOR ENQUIRIES, PLS CALL *****41, *****64 CR: **********00 PSA OPERATION COOE: HY CONVENTIONAL SERVICES SINGAPORE KIMLA LUMPUR PORT KLAMG PENANG TEL: 02-*****66 03-*****00 03-*****01 04-*****2 FAX320 words
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Advertisement155 1991-10-03 46 m PT. CELEBES LINES dedicated common feeder service to from INDONESIA CFC General Agents: Common Freight Carriers pte ltd. 7 KEPPEI *o*o #01-26 TAMJONG PAGAft COMPLEX SINGAPORE 0201 TEI: *****55 TELE* RS ***** FAX: ******9. *****32 111 TWICE WEEKLY SAILINGS VESSEL PUSH GUDANG/SWG APORE JOSINDO SATU SOUTH BOUND VOY. P.155 words
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Advertisement243 1991-10-03 46 CHARTPOINT Every Saturday in Business Times BIS P what is it? Bangladesh Chittagong India Calcutta, Madras. Bombay Sri Lanka Colombo Pakistan Karachi ETD every week ETD every 10 days ETD every week ETD every 10 days Call your Indian sub-continent specialist Freight Management Group SIN JKT PKL PEN Tel: *****11243 words
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