The Business Times, 4 August 1992
1992-08-04
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The Business Times
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Title Section16 1992-08-04 1 BUSINESS TIMES THE BUSINESS PAPER EOR S-E ASIA MITA (P) 35/12/91 Tuesday, August 4, 1992 75*16 words
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NEWS SUMMARY
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62 1992-08-04 1 WASHINGTON Construction spending in the US fell in June for the first time in six months, declining 1.5 per cent, the steepest drop in more than a year, the US Commerce Department said yesterday. Although residential construction rose 1.1 per cent, government construction was62 words
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59 1992-08-04 1 MUKHALATKA, Ukraine Russia and Ukraine yesterday said they have reached a deal on dividing up the Black Sea Fleet, but a communique released after a summit on the Crimean peninsula gave no details. "An agreement was reached on the Black Sea Fleet which59 words
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MARKETS SUMMARY
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Article27 1992-08-04 1 WALL STREET stocks opened lower yesterday. After one hour of trading, the Dow Jones average of 30 industrial stocks was down 6.76 points at 3.387.02.27 words
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Article28 1992-08-04 1 LONDON share prices were higher at midday yesterday. At about 1130 GMT, the FTSE 100-Share Index was up 8.1 points, or 0.3 per cent, at 2407.7.28 words
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Article, Illustration29 1992-08-04 1 Monday Change BT-MGA 695.70 -3.80 Kuala Lumpur ...601.39 -0.14 Tokyo 15,709.45 -200.83 Hongkong 5.910.73 +29.60 Sydney 1,617.3 -0.4 Friday Change New York 3,393.78 +1.89 London 1,803.8 -4.129 words
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Article22 1992-08-04 1 Exchange rates USS SS 1.6100 100 Yen S$ 1.2652 MS SS 0.6434 Money market rates Overnight 2-5/8 unch 3-month 2-3/8 unch22 words
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Article37 1992-08-04 1 London GoM AM fix US$357.30 -USS0.65 Rubber S'pore Sep 143.00*/kg unch M'sia Sep 221 «/kg unch KL Tin Turnover 65 tonnes +21 Spot MSl6.97/lcg +0.17 Crude palm oil Turnover 949 lots -172 Oct MS830 /tonne +437 words
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Article, Illustration663 1992-08-04 1 Teh Hooi Ling - Surplus of 300,000 sq ni looms in face of lower take-up rate By Teh Hooi Ling SINGAPORE Factory rents are set to ease further, with almost a million square metres of new space the largest amount since the 1985 recession due forSource: Richard Ellis - 663 words
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412 1992-08-04 1 Dexter Lee - Bill to amend Companies Act By Dexter Lee SINGAPORE Directors of companies who misuse their powers for personal gain will be hard hit by new legislation in the works. For one thing, they will no longer be immune to412 words
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325 1992-08-04 1 AFP MANILA President Fidel Ramos yesterday called on ethnic Chinese to invest in the Philippines, saying the investment climate here was better than in other Asian nations where they are discriminated against. "The assimilation of Chinese here is better than inAFP - 325 words
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145 1992-08-04 1 SINGAPORE The Singapore Chinese Chamber of Commerce and Industry (SCCCI) will call on President Fidel Ramus during a trade mission to the Philippines next month. The mission is said to be significant as more Singaporean businessmen are mulling the possibility of investments in145 words
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Article100 1992-08-04 1 SINGAPORE Tokyo felt the dearth of investors keenly yesterday, with trading volume plunging to its lowest level since Feb 10 this year. Singapore, too, suffered a similar malaise. Turnover in Tokyo shrank to about 130 million shares yesterday against Friday's 224 million. The Nikkei slid 200.83 points100 words
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Article, Illustration420 1992-08-04 1 Anna Teo - By Anna Teo SINGAPORE Japanese electronics company Giken Sakata has gone full throttle on its move overseas it is moving its headquarters from Tokyo to Singapore. It will set up a trading subsidiary in Tokyo, and plans to seek a listing on420 words
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109 1992-08-04 1 Bloomberg WILMINGTON, Delaware Du Pont is moving its electronics division to Japan from the US because of faster growth in Asia for the industry. "The growth potential is much greater in Asia Pacific," said spokesman John Stowell. He said the companyBloomberg - 109 words
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Page 1 Advertisements
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Advertisement486 1992-08-04 1 Nikon The World's Finest Photographic System. Powermatic listing POWERMATIC Data Systems, a computer peripheral maker and distributor, will be the latest in a line of electronics companies to seek a listing on the secondary board, Sesdaq Page 4 Great response KEPPEL Corp has met an overwhelming response to its US$50486 words
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Advertisement26 1992-08-04 1 Hock Lock Siew: So far so good for finance companies, Pg 4 Editorial: Give investors a chance, Fg 10 Beijing plays down labour unrest, Back Pg26 words
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Advertisement58 1992-08-04 1 Nikon The World's Finest Photographic System. More reports, Page 2 Military shake-up will not lead to backlash: Anand, Back Pg 'WW mm Wi Mechanical movement imi (artier Boutique/ SINGAPORE Palais Renaissance, #01 -03. 390 Orchard Road Tel: *****93 Hilton International, #01-04. The Shopping Gallery. 581 Orchard Road Tel: *****95 Lucky58 words
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PAGE 2 NEWS
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Article, Illustration553 1992-08-04 2 Teh Hooi Ling - Property update: factories and warehouses Reports by Teh Hooi Ling SINGAPORE The outlook for the warehousing sector seems healthy with supply more or less matching demand in the next few years. According to statistics from the Urban Redevelopment Authority, some 137,000 sq m of warehouse553 words
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Article, Illustration347 1992-08-04 2 SINGAPORE Manufacturers have expressed concern over the move by Jurong Town Corporation to raise its factory rents 15 per cent over three years from January this year. Given the weak manufacturing sector, the Singapore Manufacturers' Association and the Singapore Chinese Chamber of Commerce and347 words
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660 1992-08-04 2 Jaime Ee - Survey on changing moral values By Jaime Ee SINGAPORE A tertiaryeducated Singaporean's views on moral values differ from those of his less-educated counterpart and the Censorship Review Committee will have to keep these disparate opinions in mind when it presents its report660 words
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Article, Illustration368 1992-08-04 3 Maggie Ford - Bpc inflation now looks realistic; moves to chop current account deficit Reports from Maggie Ford in BALI THE overheating which has plagued Indonesia for the past two years has now been overcome, and an inflation rate of 8 per cent now looks realistic for368 words
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Article151 1992-08-04 3 ASIAN companies seeking finance for expansion could be faced with a shrinkage in funds from international banks which are seeking to limit their cross-border exposure, according to Gary Bond, senior regional executive with the International Finance Corporation (IFC), the private sector arm of the World151 words
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284 1992-08-04 3 JAKARTA The Indonesian government has changed the status of seven state banks to that of limited liability corporation in line with the newly-enacted banking law and appointed new presidents in an effort to improve the banks' performances, the Jakarta Post284 words
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273 1992-08-04 3 Harish Mehta - By Harish Mehta SINGAPORE India has approved the setting up of electronics Hardware Technology Parks offering liberal incentives to foreign investors. The parks intended to be "miniature Hongkongs and Singapores" were given the go-ahead last week, India's Electronics Secretary N Vittal told a273 words
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Article, Illustration708 1992-08-04 3 Amy Balan - By Amy Balan SINGAPORE The Singapore dollar is substantially overvalued, according to a currency review by regional brokers Crosby Research. The study of currencies of the region, carried in Crosby's latest economic quarterly review, combines purchasing power parity (PPP) theorem, trade weightings andSource: Crosby Research Ltd - 708 words
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Page 2 Advertisements
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Advertisement167 1992-08-04 2 9 t *£> k altr .MmT^JLi \x >■$*£ **xSfL r r ..#W: SEUING ON CREDIT COULD TURN YOUR CASH FLOW INTO FROZEN ASSETS Selling on competitive credit terms could leave you in a tight cash-flow situation. Funds that you need to take advantage of new business opportunities could all be167 words
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Page 3 Advertisements
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Advertisement33 1992-08-04 3 Don't miss the Alfred Dunhill Sale. r77n' (/fret/ < iiz/e itt noto on. Alfred Dunhill At The Paragon, Hilton International Hotel, Palais Renaissance And Leading Department Stores. (f/r.wos fo treasure s/rnr A?<?<?■ AM/92 A33 words
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Advertisement107 1992-08-04 3 (S^k M AUDEMARS PIGUET The master watchmakers. Since the establishment distinctive bezel, locked in by Sincere Watch we eight hexagonal bolts. Truly, have worked hard to maintain one of the greatest watch "^s3fs a reputation for excellence. In designs of the 20th century, the service we provide our t i107 words
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COMPANY NEWS 1
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357 1992-08-04 4 Joseph Rajendran - SiS Technologies makes public offer in Hongkong By Joseph Rajendran SINGAPORE Powermatic Data Systems is tipped to offer its shares to the public later next month, while another homegrown company, SiS Technologies, made its initial public offer in Hongkong yesterday. Powermatic, a357 words
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366 1992-08-04 4 William Chia - Scheme calls for new company to acquire assets and businesses of EMS By William Chia SINGAPORE The judicial managers of financiallytroubled video cassette maker Electro-Magnetic (S) Ltd are planning to call for a meeting of creditors by the end366 words
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255 1992-08-04 4 SINGAPORE Malaysian car distributor Edaran Otomobil Nasional Bhd (EON) has paid $5.89 million for nearly a million Cycle Carriage Ltd (CCL) shares on the open market. EON's latest foray has raised its shareholding in CCL to about 18.3 per255 words
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Article, Illustration311 1992-08-04 4 SINGAPORE Yeo Hiap Seng Ltd has established clear reporting lines for key divisions and has appointed a new finance head from outside the company in a bid to strengthen its management structure. The beleaguered beverage company has re-organised functional reporting into five311 words
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Article167 1992-08-04 4 SINGAPORE Japanbased Takenaka Singapore has clinched a $19 million superstructure contract for the construction of the Keppel Towers extension building. Straits Steamship Land (SSL), the Keppel group's property arm, yesterday said Takenaka won the contract because it did an excellent job with the main167 words
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COMPANY BRIEFS
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97 1992-08-04 4 SINGAPORE Hotel Royal Ltd announced yesterday that it will pay A 517.5 million (Ss2l million) for Castle Mall Shopping Centre near Sydney, Australia. It has already paid a 10 per cent deposit, or A 51.75 million, to seal the deal. The97 words
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Article69 1992-08-04 4 SINGAPORE Shangri-La Hotel Ltd yesterday responded to the Stock Exchange of Singapore regarding the proposed listing of a Robert Kuok company in Hongkong which could lead to a huge windfall for Shangri-La Hotel. It said it has not heard from its holding company, Shangri-La Holdings Ltd69 words
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Article29 1992-08-04 4 SINGAPORE Hotel Properties Ltd is placing 32 million new $1 shares, for $2.00 each, having got in-principle approval from the Stock Exchange of Singapore.29 words
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Article84 1992-08-04 4 SINGAPORE The Stock Exchange of Singapore has requested Inno-Pacific Holdings Ltd to provide information on the difference between its actual results and its preliminary results. It has been asked to explain its additional provision for its investment in Lucky Man Properties, and its permanent diminution in84 words
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Article43 1992-08-04 4 SINGAPORE Singapore Computer Systems (SCS) Ltd said yesterday that Quek Poh Huat will be replaced by Wong Kok Siew as its chairman. Mr Quek will, however, remain on the board and take over Mr Wong's post as deputy chairman.43 words
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Article, Illustration434 1992-08-04 4 Rahita Elias - By Rahita Elias SINGAPORE Response from both local and foreign investors to Keppel Corp's US$5O million (5580.5 million) fund for ventures in Vietnam was so overwhelming that it closed soon after its launch in June. A Keppel spokeswoman told BT that subscribers434 words
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293 1992-08-04 4 Bernama KUALA LUMPUR Hong Leong Credit Berhad (HLCB) group pre-tax profit is expected to increase to M 545.723 million (5529.263 million) and group earnings per share to 20.9 sen for the financial year ended June 30, 1992, after the disposal of sharesBernama - 293 words
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638 1992-08-04 4 Alvin Tay - THE HOCK LOCK SIEW COLUMN By Alvin Tay SINGAPORE With the Big Four banks grabbing the limelight again this reporting season, the much improved interim results of two finance companies may have been overlooked. Last Friday, United Overseas Finance (UOF), the finance arm638 words
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Article, Illustration438 1992-08-04 5 Ramesh Divyanathan - Company expects full-year earnings of 540 m baht By Ramesh Divyanathan SINGAPORE Thailand's listed Shinawatra Computer and Communications Group (SC&C), in which Singapore Telecom International (STI) has a stake, reaped 278 million baht (5517.6 million) in net profits for the first438 words
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338 1992-08-04 5 AFP TAIPEI Speculation and lax government laws have enabled "financial giants" to overtake manufacturers as Taiwan's most profitable and fastest-growing enterprises, a leading business magazine reported yesterday. Cathay Group, centred on Cathay Life Insurance Co which has 52 per cent ofAFP - 338 words
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COMPANY BRIEFS
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100 1992-08-04 5 HONGKONG Peregrine Investments Holdings Ltd said yesterday that it has launched a HK5878.2 million (S$ 184.4 million) general offer for the Kwong Sang Hong International Ltd shares it does not already own at HK52.65 each, equivalent to the counter's Friday close. The offer100 words
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Article60 1992-08-04 5 BANGKOK Property developer Tanayong Co Ltd saw its after-tax profit for this year's second quarter drop to 174.2 million baht (Ssl 1.1 million) from 182.5 million baht for the same period last year. The drop in profit was posted on the back of a substantial decline60 words
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Article48 1992-08-04 5 BANGKOK Bangkok Land Co posted an improved after-tax profit of 701 million baht (5544.5 million) for the three months ended June 30, compared with 696.4 million baht for the second quarter of last year. Revenue rose to 2.84 billion baht from 2.39 billion baht.48 words
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Article72 1992-08-04 5 HONGKONG China-owned China Overseas Land and Investment Ltd is to seek a listing on the Hongkong stock exchange, becoming the second mainland company to do so in recent months. Owned by China State Construction Engineering Corp, the largest state-owned construction conglomerate in China, the72 words
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Article101 1992-08-04 5 MELBOURNE Coles Myer Ltd, Australia's largest retailer, yesterday said sales for the year to July 26 rose an adjusted 3.9 per cent. Sales for the year, unadjusted, totalled A 515.2 billion (S$ 18.2 billion). Sales, adjusted for the sale of the Progressive Enterprises subsidiary101 words
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409 1992-08-04 5 Sunday Morning Post HONGKONG Cheung Kong executives are to hold detailed talks this week with officials in Panyu over the group's plans to build a Dis-neyland-style theme park. The company has already signed a letter of intent to develop the entire 35Sunday Morning Post - 409 words
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COMPANY BRIEFS
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82 1992-08-04 6 WELLINGTON US electricity and gas utility Utilicorp United Inc will look at expanding into newly-deregulated utilities in New Zealand and the Pacific Rim, president and chairman Richard Green said last week. "We see that deregulation has been happening in many countries around the globe82 words
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Article95 1992-08-04 6 NICOSIA Siemens of Germany is to build a power plant with a capacity of 1,400 megawatts in Iran's free trade zone at Qeshm island in the Gulf, the Iranian news agency Irna reported last Sunday. Under a letter of understanding, the gas-powered project would be95 words
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Article72 1992-08-04 6 LONDON The European Investment Bank (EIB) is considering lending up to £200 million (Ss6oo million) towards building a rail link which would connect Olympia York Developments Ltd's Canary Wharf office complex with London's Underground network, said the Observer newspaper. O&Y put its project on72 words
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Article77 1992-08-04 6 NEW YORK Sotheby's auction house said here last week that its sales for the year to the end of July totalled £1.14 billion (S$ 1.8 billion), a slight decrease from the £1.35 billion it made last year. But Michael Ainslie, president of Sotheby's Holdings, predicted a "change77 words
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Article67 1992-08-04 6 LONDON Reckitt Colman said it would take an exceptional charge of US$lOO million (Ssl6o million) in its first half 1992 results due to the withdrawal from the US spice market. Reckitt said it had now completed the sale of its Durkee-French US spice subsidiary to Burns67 words
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Article49 1992-08-04 6 PARIS A merger with its unit Merlin Gerin, approved last week by shareholders, will help Schneider find opportunities to rationalise and re-group geographically, Schneider chairman Didier Pineau-Valencienne said. He told a shareholders' meeting that regional regrouping and synergies would be looked at country by country.49 words
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91 1992-08-04 6 LONDON The receiver to Charles Barker, the world's oldest public relations firm, last Friday defended criticism from creditors at the speed at which two management buy-outs were announced, only hours after the collapse of Corporate Communications, Charles Barker's parent company. Lan Bond, a partner with91 words
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446 1992-08-04 6 Reuter NEW YORK International Business Machines Corp's drastic redesign was never expected to reverse its fortunes overnight, but eight months later its architects say the painful cuts made so far still may not be enough. The computer maker has already moved toReuter - 446 words
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Article168 1992-08-04 6 Reuter TOKYO Japanese construction contractor Taisei Corp is unlikely to meet its profits and sales forecast this year because of a prolonged economic slump at home, a company official said on Friday. Taisei and other large Japanese builders will weather the downturn in the economy, butReuter - 168 words
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219 1992-08-04 6 AFP HONGKONG The Shanghai stock exchange, one of China's two official share trading houses, is considering selling 'B' shares, originally set up for foreign investors only, to locals, press reports said yesterday. Gu Shuzhen, head of the Shanghai Registered Accountants Federation, told reportersAFP - 219 words
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415 1992-08-04 6 Reuter TORONTO A flurry of activity by companies within Canada's Bronfman empire last week might help woo back investors who have shunned its stocks, analysts said. The Bronfman's real estate parent, Carena Developments Ltd, cut its dividend; ailing property giant Bramalea Ltd tookReuter - 415 words
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376 1992-08-04 6 NYT NEW YORK After months of speculation that it would make an acquisition, Paramount Communications Inc has agreed to buy a group of regional theme parks in the US for US$4OO million (***** million). Paramount said last Friday that it would acquire KingsNYT - 376 words
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586 1992-08-04 6 MARKET TALK South China Morning Post HONGKONG Blue chip companies have begun to lobby against covered warrant issues by outsiders, saying such instruments stifle their ability to raise cash and serve shareholders. "Obviously there are lots of reasons (for the lobby), but theSouth China Morning Post - 586 words
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Page 4 Advertisements
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Advertisement393 1992-08-04 4 baJN THEMAtKIf Thai stocks surge 24 Indon bank stocks hit 24 Hang Seng up 29 points 25 H SINGAPORE INSTITUTE OF MANAGEMENT This programme presents to sales and marketing managers the latest ideas and insights on how I to increase their performance. In addition, the sales manager will be shown393 words
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Page 5 Advertisements
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Advertisement192 1992-08-04 5 .f an image is worth a thousand words, imagine what imaging is worth to you. Your strategic picture. Like the ->? p|l> strategic pictures governments around the world, it's what Unisys had in mind H when we designed our Infolmage family of 7 iL^Jj! benefits go savings from enhanced productivity.192 words
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Page 6 Advertisements
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Advertisement142 1992-08-04 6 Now you can sing your heart out at our sleek Karaoke Pub and enjoy your own renditions of IMIIII fi?) hot hits. Sharing the limelight is Sue Parry, Australia's golden girl of the P*~£-KTV-fr fPerth Wildcats' fame. Watch her sizzle, belting out top hits and your favourite numbers. f W&£142 words
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Advertisement330 1992-08-04 6 w| have more than 3 years of working experience a University of West applications for the Exemptions MBA programme (through distance Exemption from certain subjects learning and evening class Change Managing Strategic Award of Degree may be granted on the basis of attendance). Since the first intake in Information Managing330 words
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FINANCIAL NEWS
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431 1992-08-04 7 Reuter LONDON Standard Chartered pic is set to announce strong growth in its key Asia-Pacific operations when it reports half-year results tomorrow, success of the bank's policy to focus its strategy on that region. Pre-tax profit for the year to JuneReuter - 431 words
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Article, Illustration179 1992-08-04 7 SINGAPORE Arab-Ma-laysian Credit Bhd has raised Msl2o million through a revolving credit facility provided by 10 Malaysian-based banks and guaranteed by 14 Singapore-based banks and a Hongkong-based bank. The deal was toasted yesterday at a ceremony at Singapore's Oriental Hotel by Azman bin179 words
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SMALL CHANGE
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Article99 1992-08-04 7 NEW YORK Aetna Life and Casualty Co posted a loss of US$2O million (Ss32 million) for the second quarter as a result of a charge to eliminate 4,800 workers and another charge related to an Olympia York financial guarantee. But in addition to the two99 words
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Article80 1992-08-04 7 TOKYO Three Japanese stock brokerages announced they are closing branch offices in the latest sign of the hard times that have hit Japan's securities industry. Nomura Securities, the world's largest brokerage, will close a branch in Osaka. Sanyo Securities, a medium-sized Japanese securities firm, said it80 words
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Article, Illustration39 1992-08-04 7 MOSCOW The new Russian rouble coins featuring the former Czarist symbol of the two-headed eagle at the Central Bank. The coins, entered circulation yesterday, are the first to feature the eagle instead of Lenin. Reuter39 words
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Article62 1992-08-04 7 TOKYO Mitsubishi Bank, a major commercial bank in Japan, has unveiled its cost cutting measures to be implemented for the next fiscal year through March 1994, the Mainichi newspaper said. The measures include reducing the number of new branches to be opened next fiscal year62 words
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Article164 1992-08-04 7 SINGAPORE Turnover on the Singapore International Monetary Exchange hit an all-time high last month. A total of 1.16 million contracts, averaging 50,431 lots a day, were traded that month, Simex announced last night. Also, the volume of 635 million contracts done during the first seven164 words
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Article, Illustration584 1992-08-04 7 Quak Hiang Whai - THE KANCIL By Quak Hiang Whai The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by futures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index futures WHAT DOChart by Knight Ridder - 584 words
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Page 7 Advertisements
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Advertisement292 1992-08-04 7 To persuade you to computerize your business before September 30th, we decided to abandon the technospeak and use the kind of language everyone understands: J i If you've been dragging your heels when it So, if you'd prefer to avoid a single financial whether you know a lot or a292 words
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THE REGION
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NOTE BOOK
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114 1992-08-04 8 HONGKONG Hongkong is the main investor in the property market in China's Guangdong province with investment reaching HK$ll billion so far this year, Chinese figures said yesterday. No comparative figures were given. However, property sources here said investment in property in Guangdong by114 words
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Article72 1992-08-04 8 MANILA Philippine President Fidel Ramos vowed yesterday to root out communist guerillas who refuse amnesty and persist in an armed campaign to seize power, after the insurgent leadership spurned his peace offer. Rebels "who insist on talking about their own government" are "missing the point72 words
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Article88 1992-08-04 8 CANBERRA Most Australian economists are expecting a weak, slow recovery, with economic growth of about 3 per cent in the fiscal year that began on July 1, according to a survey released over the weekend by accounting firm Price Waterhouse and the University of New88 words
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Article, Illustration80 1992-08-04 8 KUALA LUMPUR Malaysian authorities allowed an Air Lanka plane (above) to leave the country yesterday after Sri Lanka's national carrier paid US$2OO,OOO (*****,000) in compensation to a local travel agency, company officials said. "They have paid the judgment sum of M 5500,000 (S$300,000)80 words
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Article58 1992-08-04 8 JAKARTA Indonesia may export 300,000 to 400,000 tonnes of rice this year after having to import last year because of a drought, Agriculture Minister Wardoyo said. He said production of unhusked rice was expected to rise 4.37 per cent to around 46 million tonnes in 1992.58 words
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Article, Illustration356 1992-08-04 8 Leslie Lopez - Court feels pressured by crowd of nearly 3,000 outside premises From Leslie Lopez in KUALA LUMPUR KUALA LUMPUR The hearing of an appeal by a controversial Japanese-con-trolled chemical manufacturer against a shut-down order was postponed yesterday. As riot police armed with batons356 words
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392 1992-08-04 8 AFP KUALA LUMPUR Malaysia's sole commodity exchange is planning to launch in October a new contract for trading in palm kernel oil futures, hoping to attract more foreign participation in its pit, officials said yesterday. The chief executive of the Kuala LumpurAFP - 392 words
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413 1992-08-04 8 AFP BANGKOK Thailand says it fully supports the United Nations in its peace efforts in Cambodia but insists it cannot stop Thai companies from trading with the Khmer Rouge, whose intransigence threatens the peace process. "Private companies have a right toAFP - 413 words
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369 1992-08-04 8 Reuter SYDNEY Competition, tight budgets and flat oil prices are driving explorers away from risky ventures. Geologists at an international conference here said yesterday that explorers were focussing on safe fields near existing plots. Any new sites must have huge potential to attractReuter - 369 words
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Page 8 Advertisements
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Advertisement168 1992-08-04 8 ELECTRONIC forfinancmL WIZARDS! We're talking about Shine, Singapore Press Holdings' on-line interactive information network on Teleview. With over 30,000 screens of well-packaged and designed information, Shine Covers a wide range of editorial on business, lifestyle, education, and travel! Text is meticulously edited to make it reader-friendly. Full colour photos and168 words
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Advertisement37 1992-08-04 8 (cash and carry) 2181 r- w.WW Jr S F HHbih > Please call Tel: *****95 or Fax: *****41 t0 con^rm y° ur order Now! I 7 /»TrH ,BICO SINGAPORE PTE. LTD. 47 Ayer Rajah Crescent #05-08/17, Singapore 051337 words
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THE WORLD
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Article, Illustration493 1992-08-04 9 Party's popularity slumps 4 months after election Reuter LONDON Less than four months after an election triumph, British Prime Minister John Major has another fight on his hands overcoming a severe recession and doubts about his economic strategy. Mr Major's Conservatives beatReuter - 493 words
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204 1992-08-04 9 AP TOKYO Key industries are sharply cutting back on spending for research and development in belt-tightening forced by Japan's faltering economy, a survey published yesterday said. The survey of 318 companies by the leading economic daily Nihon Keizai showed investment in research and developmentAP - 204 words
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399 1992-08-04 9 NYT WASHINGTON The United States has concluded that Japan's efforts to open its semiconductor chip market to American exports are inadequate so far, but will not impose immediate sanctions, American officials said over the weekend. In an agreement reached a yearNYT - 399 words
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Article, Illustration520 1992-08-04 9 Reuter MOSCOW President Boris Yeltsin pledged support for liberal allies on Saturday while his government moved to strengthen its grip on the economic rudder. He promised liberal supporters posts in the key interior, defence and security ministries, members of the ReformReuter - 520 words
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WORLD WATCH
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Article88 1992-08-04 9 RIO DE JANEIRO A leading opposition lawmaker predicted on Sunday that Brazil's Congress would begin impeachment proceedings this month against President Fernando Collor de Mello at the conclusion of an investigation into corruption. Ibsen Pinheiro, the speaker of the Chamber of Deputies and a member of the88 words
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Article, Illustration36 1992-08-04 9 MOSCOW Former Soviet special forces in the Afgan war singing a song about the war and their lost friends on Sunday in Gorky Park. The commandos gathered here to mark their unit's anniversary.36 words
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Article75 1992-08-04 9 SEOUL South Korea's industrial production in the first half of this year increased 8.6 per cent from a year earlier, the National Statistical Office said. The rise compares with a year-to-year increase of 8.5 per cent in the first half of 1991 and 8.7 per75 words
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Page 9 Advertisements
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Advertisement126 1992-08-04 9 As of Sept Canadian Overseas College Will Be CANADIAN INTERNATIONAL SCHOOL (SINGAPORE).... The School, which is fully accredited by the Ministry of Education in Ontario, Canada and registered with the Ministry of Education in Singapore, offers tuition to students from Grade 7 to the OAC level. Instruction provided by professionally126 words
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Advertisement268 1992-08-04 9 When doing business in Singapore onlv one hotel a fi ne restaurants, really computes. At the Carlton, we're programmed for all your sauna and massage are all there to help you business needs. From our express check-in to our unwind. So next time you're in Singapore on \M :«L ml268 words
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Article468 1992-08-04 10 EDITORIAL THIS YEAR the Singapore stockmarket has baffled and frustrated stockbrokers and the investment community. While neighbouring markets in Hongkong and Malaysia have witnessed an unprecedented boom in new listings, Singapore's performance has been uninspiring. Besides a virtual drought in new listings, the secondary market has also stagnated.468 words
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WHAT THE OTHERS SAY
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Article275 1992-08-04 10 IT IS no small compliment that China wants to learn from little Singapore. What is more difficult is to be candid about what Singapore can teach whether it is China or any of the other countries which are interested in tapping into Singapore's experience as a275 words
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Article83 1992-08-04 10 THE threat of the Aedes mosquito is real. Singaporeans, including flat dwellers, can no longer think that they are definitely safe from the threat without having to take precautions. Dengue fever can be avoided, if only Singaporeans take better care of their homes and surroundings. They83 words
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Article150 1992-08-04 10 HOW does one tell whether young people smoking in public are above 18 years old? Superficially, this problem is similar to the judgement that cinemas screening R(A)-rated movies have to make. But the problem of implementing the age limit on the former may be more complicated.150 words
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REGIONAL VIEWPOINTS
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Article179 1992-08-04 10 WHILE the responsibilities for making Visit Malaysia Year (VMY) '94 a success is directly that of those in the tourism business and the public agencies which are lending an organisational hand, the Malaysian public has a lot to do to bolster the event. For a start,179 words
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Article187 1992-08-04 10 OLD and sick as he is, the physical condition of Mr Erich Honecker, the former East German leader, will arouse little sympathy when he goes on trial on 49 charges of manslaughter. Nevertheless, Germans are divided over the wisdom and legality of prosecuting him. The authorities187 words
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Article182 1992-08-04 10 IT SEEMS that this week's Kuala Lumpur meeting on piracy in South-east Asia has not served much purpose. The situation can be best described as a standoff, with the authorities insisting that they know what they are doing, and the shipping sector decrying what it sees as disinterest182 words
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Article, Illustration799 1992-08-04 10 Alison Leigh Cowan - Times have not exactly become hard but those who used to thrive on bankruptcy cases in the US are finding that the heady years are over. Alison Leigh Cowan reports Alison Leigh Cowan NYT THE BMWs and Range Rovers began pulling up about noon,NYT - 799 words
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Page 10 Advertisements
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Advertisement183 1992-08-04 10 E Always Judge A Restaurant HKI. syi trifle fussy you may immaculate, don't bother looking for say. But then Hung chipped crockery or stained tablecloths. Kang Teochew Restaurant is ou won them here. True run by fussy people. Who Teochew hospitality. Any Teochew place as much emphasis on restaurant worth183 words
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Page 10 Miscellaneous
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Miscellaneous61 1992-08-04 10 POONESBURY BY GARRY TRUDEAU XXiKHOU THEFE'S A fWDCULARLV IN RELATION I ANDESPECIALLY, TRY HGAN6 YATPONT-, imOFIALKTHBSB TO THOR AZAN COJNTERfWUS. TELLING IT TO THE- THRU /WW UKXJLDYOtj' BAYS ABOUT HOtUJHE WELL, TRY TELLJNG THAT TO S7MHBV7S IN THfrOA9S SJANPUP m CDWNG GENERATION THIS HIGH SCHOOL AMP THIS I WHO HAt61 words
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ANALYSIS
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1071 1992-08-04 11 Erik Ipsen - US banks are reaping huge rewards from actine as underwnters for Latin American bond issues. Erik Ipsen reports Erik Ipsen IHT ALMOST 10 years to the day after Mexico kicked off what became known as the debt crisis by announcing it could not payIHT - 1,071 words
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Article, Illustration1457 1992-08-04 11 Florence Chong - A Melbourne hotel has removed penalty rates for shift work in a deal with its workers. This offers hope to other hotel operators, and should be of particular interest to Singaporeans who have invested heavily in this sector recently, writes Sydney Correspondent Florence Chong Florence1,457 words
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Page 11 Advertisements
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Advertisement40 1992-08-04 11 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including a complimentary glass of wine. i OZg&nt J SINGAPORE Call 733 8888 for resmuxwms. I Qacadrn Road (tWf Orchard Riad) Compltmeruary valet parking 1024 1 V40 words
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Advertisement189 1992-08-04 11 f'M ■a A Strathclyde \\l K A e, SX'L A. V Mw i X School 9th Intake by distance learning The Strathclyde MBA is one of the longest established courses and is regarded as being in the top league of British MBA programmes. The Economist Guide to British and European189 words
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Page 12 Advertisements
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Advertisement240 1992-08-04 12 pv Nothing Beats A Bud. IHHffijj or ffl ORGANISE YOUR OWN KARAOKE.' It's your very own Karaoke party! King's Hotel has come up with a Daily Karaoke package for groups of 10-200 people from 12 noon to 5 pm. After your Penang Buffet Lunch, the Ist round of drinks during240 words
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Advertisement397 1992-08-04 12 SINGAPORE'S BEST CATCHES 10 ....AT PLUM'S lllllill Deep fried crispy baby squid. Marieated stiig ray in banani leaves. Black pepper crib. These ere only seme ef the many sizzling sensations that ere toking Plum's by sterm this month. As our chefs turn their skills on the best cetches from Singapore's397 words
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Advertisement232 1992-08-04 12 WHERE TO WINE, DINE... Belinda is back! Felinda is back at Club 5. With renditions of old hits that'll whizz you back to the 50s and 60s between 6 pm 8.30 pm, Mon Fri. Swimwear Fashion Show on Mon and Wed at 8.30 pm. Happy Hours 5 pm 9 pm232 words
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Advertisement323 1992-08-04 12 Make your way to Top of the M Thp fj£HHHHBifP for the Scandinavian lunch Wffif '^SSsSßmrn^ buffet this August. You'll enjoy a \l/ host of Scandinavian favourites. I Come and be overwhelmed. %JB— e ry w or^10 J" 0 Top of th» ■«k —■>«. -at -1 111 Orchard ftoad i323 words
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Page 12 Miscellaneous
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Miscellaneous543 1992-08-04 12 TELEVISION AND RADIO „i iiiii»i»*i. ■•■>.—«, -v.-v— r m~" t>~ "i»j<r »i 11 wwiMiww wtthttti "WMMWN—————m——mm—mb—————■■mi. —m i> i w iwi ■«w nmmmmm mtm miiw Tmmr-nrr mrm——mmnimmmmmmi* i u a i n»—a mm f|l ——11 Seven is enough 8(1012 10,0 business on mmo 5.55 AM Opening followed by 12.25 AM543 words
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LIFESTYLE
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Article, Illustration1097 1992-08-04 13 Caryn Jones - With money and prestige at stake, Robert De Niro can't afford not to play nice, reports Caryn Jones Caryn Jones NYT SEVERAL nervouslooking, middleaged men are sitting around the waiting room of TrißeCa Productions in New York City. One wears a three-piece blue suit with a wide-collaredNYT - 1,097 words
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Article478 1992-08-04 13 With the London Zoo close to extinction, plans are now afoot for a one-of-a-kind high-tech zoo Reuter A revolutionary zoo where the only live animal will be man is being planned in Britain. At the high-tech zoo, visitors will see creatures in the wild viaReuter - 478 words
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Article, Illustration412 1992-08-04 13 CHATTERBOX ARTIST Joe Shuster, the cocreator of Superman who lost out on millions of dollars after signing away the rights to the popular comic-book hero, has died at the age of 78. Shuster died last Thursday of congestive heart failure at his home in412 words
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Page 13 Advertisements
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Advertisement182 1992-08-04 13 AND ENTERTAIN (&riU The Chef s Special Savour the Chefs special four-course dinner featuring an appetiser, soup, main course and dessert in the classic ambience of the Hubertus Grill A different gourmet dinner menu is available each week. At S 65.00+ per person ANA HOTEL SINGAPORE For reservations. 16 Ny182 words
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Advertisement365 1992-08-04 13 1 "RatiAted "Pe&uiq T>ut& I Roasted Peking Duck 31/8/92 H M Complimentary Birthday Cake (Booking 24 Hre in advance) >1 Assorted Cold Cuts Red fish w/Soya Bean Crumb Shark's fin w/Crab Meat Stuffed Cuttlefish Paste w/Sea Stix Deep Fried Crispy Chicken Steamed Rics w/lotus Leaf Prawns with Dried Chift Red365 words
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Page 14 Advertisements
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Advertisement266 1992-08-04 14 A uniquely designed landmark to enhance your business success* An affordable business location With the luxury of golf practice facilities, a fully-equipped fitness centre, squash court and a swimming pool for you to enjoy. Various floor designs to give you more room to plan and More than 630 carpark lots266 words
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INNOVATION & TECHNOLOGY
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Article, Illustration795 1992-08-04 15 Helen Chang - Helen Chang describes a process that takes the bother out of replacing old pipes Helen Chang YOU KNOW the feeling. Stuck in endless traffic, irritated by the pounding of pneumatic drills and the throbbing of compressors. They're digging up the road again to fix the sewers.795 words
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430 1992-08-04 15 Claire Leow - Bull's plant will also manufacture for IBM, reports Claire Leow Claire Leow GROUPE Bull, the French computer company which recently sold part of its equity to International Business Machines, has decided to start a manufacturing plant in Penang. Bull subsidiary Zenith Data,430 words
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Article, Illustration454 1992-08-04 15 Claire Leow - Claire Leow finds ICL eager for a big chomp of Compaq's business for a start Claire Leow ICL of Britain is looking for a piece of the action in the personal computer market and has its sights set on a share454 words
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Article365 1992-08-04 15 SINGAPORE Digital Equipment Singapore has launched five new upgradable PCs with video capabilities. The new DECpc LPs are equipped with graphical user interface "accelerators" which speed up the performance of Windows software programs by 40 per cent, DEC claims. The new range offers a choice of five microprocessor365 words
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438 1992-08-04 15 NYT BRITISH Telecommunications pic and Motorola Inc said last week that they planned to develop a new generation of less expensive video conferencing equipment that would combine the functions of a picture telephone, fax machine and high-speed data transfer terminal on a personal computer. InNYT - 438 words
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Article, Illustration546 1992-08-04 15 FT THE flat farmland of Indiana, in the heart of the American midwest, may seem an unlikely starting point for a fundamental technological innovation in the way steel is made. Yet it is in precisely these bucolic surroundings that Nucor, the largest of the AmericanFT - 546 words
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Page 15 Advertisements
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Advertisement188 1992-08-04 15 EFFICIENCY AT YOUR FINGERTIPS I I With Pearlcorder dictation systems, you record business or S personal information the quick and convenient way. I^—'lt i Meet the new, elegantly designed Pearlcorder L4OO one of the world's smallest microcassette tape recorders with Auto Reverse. The L4OO weighs a mere 90g and is188 words
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Article, Illustration306 1992-08-04 16 THE Ministry of Environment launched the Green labelling scheme in May this year. Under this plan, the more environment-friendly products within each category of goods is given a Green label. Participation in the scheme is voluntary, and provides consumers with another basis of selecting products apart306 words
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Article325 1992-08-04 16 MOUNTING piles of garbage are a feature of virtually all industrial market nations, and Singapore is no exception. In just two decades, the daily output of solid waste increased fourfold to 5,696 tonnes in 1990. The scarcity of sites for landfills and325 words
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Article, Illustration83 1992-08-04 16 TO GENERATE global awareness of the environmental problems, Canon sponsored the first International Photographic Competition on the world. Entitled "Focus on Your World", this global contest encouraged contestants to record the beauty and fragility of the planet. Here are some of the winning entries. Professional Division83 words
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Article, Illustration527 1992-08-04 16 CANON has always believed in thinking ahead. On one level, it means providing for the future by developing today for tomorrow's needs. On an equally important level, it means protecting this future in ways that will make a difference. As Canon turned its camera technology into527 words
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Article, Illustration321 1992-08-04 16 WITH the demand for cartridges easily surpassing the one million mark each month, the area was the logical starting point for Canon's Clean Earth Campaign. Basically. the campaign calls for the return of used cartridges. which are then melted and formed the raw materials321 words
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Article, Illustration366 1992-08-04 17 Canon believes in an existence which is mutually rewarding. This means that its products are created equally to meet the expectations of the customer, and to contribute to the community which facilitates its expansion The bottomline, again, is Canon's worldwide philosophy which is summed366 words
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OLYMPICS '92
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Article, Illustration632 1992-08-04 18 AP NYT BARCELONA On a weekend of shocking upsets, Jackie Joyner-Kersee was the exception. No surprise there. A day after training partner Gail Devers had sprinted to an improbable victory in the women's 100 metres, Joy-ner-Kersee renewed her claim as the world's greatest female athlete byAP; NYT - 632 words
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226 1992-08-04 18 AP BARCELONA Dave Johnson's toughest competitor in the decathlon is also at the Olympics but he is probably in the commentator's booth for an American television network. Dan O'Brien, Johnson's arch-rival in sports and partner in an advertisement series, missed the Olympics because he failedAP - 226 words
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Article, Illustration669 1992-08-04 18 Reuter BARCELONA Soviet gymnastics is dead! Long live Soviet gymnastics! Though the country itself no longer exists, the expertise which made it the overwhelming force in the sport for so long is set to spread throughout the world after these Olympics. PerhapsReuter - 669 words
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419 1992-08-04 18 AP BARCELONA The eyes bulge. The athlete grimaces as if in pain. And then comes a yell. Or a huge grunt. Or a growl. No, it's not Monica Seles at Wimbledon. It's a weightlifter at the Olympics. And when they reach for theAP - 419 words
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OLYMPIC FEATS
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160 1992-08-04 18 GWEN TORRENCE, who accused two of the three medallists in the women's Olympic 100 m of taking drugs, set the fastest time in the first round of the 200 m heats yesterday. The American timed 22.665 ec and then declined to elaborate160 words
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Article73 1992-08-04 18 EUROPEAN CHAMPION Nazim Gousseinov outpointed South Korean Yoon Hyun in the under-60kg judo bantamweight final to bring Azerbajian a coveted Olympic gold on his 23rd birthday on Sunday, shattering Japan's pride along the way. Cecile Nowak of France also crushed Japan's little great hope, the pocket-sized 16-year-old73 words
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Article49 1992-08-04 18 TOP SEED Steffi Graf of Germany brushed aside Belgium's Sabine Appelmans 6-1, 6-0 yesterday to reach the semi-finals of the women's tennis tournament. Graf will take on American Mary Joe Fernandez, who came back from a set down to beat Switzerland's Manuela Maleeva-Fragniere 5-7, 6-1, 6-0.49 words
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Article59 1992-08-04 18 AUSTRALIA CRUSHED Britain 6-0 yesterday to qualify for the men's hockey semi-finals. The defeat meant Britain, the Olympic champion, can only now hope for fifth place at the best. The win avenged Australia's defeat to Britain in the semi-finals in Seoul. In another quarter-final, Holland59 words
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Article123 1992-08-04 18 SPORTING SUPERPOWERS further established their dominance yesterday. At 9pm, Singapore time, the CIS led the gold tally with 31, with the US a distant second at 20. Germany and China lay third and fourth with 14 and 10 golds, respectively. In one of the first events yesterday123 words
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158 1992-08-04 18 ARCHERY: 70m team events: 3pm: Women; 7pm: Men BADMINTON: Men's and women's finals: spm: Singles, doubles i. BASKETBALL: Men: 8.30pm/10.30pm/2.30am (Wednesday)/4.30am: Q-finals BOXING: Q-finals: 7pm/2am (Wednesday): Flyweight, featherweight, light-welterweight, light-middleweight, lightheavyweight, super-heavyweight EQUESTRIAN: 2pm: Team jumping 9pm: Team jumping final DIVING: 9pm: Men's platform final TABLE158 words
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Page 18 Advertisements
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Advertisement72 1992-08-04 18 f lic Nirails I tills. II, Zaoli III r fi III Zaol Ilk Tlk ZaoB I'hi I h Zao R Ilk Ih ZaoBan s I lie Snntla\ I linos Moriia I lari; < S^S^' ERS, Business I tmos Kill I lo •klv "inios anllc kl\ illk'N lanllo kly inios an72 words
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Advertisement39 1992-08-04 18 B 1 A Fast, effective, asprin-free relief of colds/flu, sinusitis and hay fever including nasal congestion, sneezing, running nose, fever, A headache, minor aches and Ava able 31 a lead,r>9 I*""""* pains. sole oistnoutor Summit Co (S) Pte Ltd39 words
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Advertisement100 1992-08-04 18 _BJU SIN E S S TIMES TgHji?roeJlemojjir37 QQ43 -Fax No: 734 3698 This announcement appears for the purpose of record only IF I Keppel Finance Limited I (Incorporated in the Republic of Singapore) H I RENOUNCEABLE RIGHTS ISSUE OF I 22,918,800 NEW ORDINARY SHARES OF $0.50 EACH I AT $1.10100 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3893 1992-08-04 19 Lilian Ang - By Lilian Ang SHARE PRICES on the local bourse sagged yesterday in extremely thin trading. reflecting continued lack of interest from investors. Brokers said there was basically nothing to motivate institutional players, particularly since both the coming crop of corporate results and Singapore's3,893 words
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Article, Illustration80 1992-08-04 19 Quak Hiang Whai - -By Quak Hiang Whai AS PREDICTED, in May, Sime Darby headed towards $2.38 after breaking below $2.50. However, support there was weak and the stock had fallen to the year's low of $2.27 before rebounding during the past few trading days. But the stock may find stifT resistanceSOURCE: BRIDGE INFO - 80 words
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Page 19 Advertisements
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Advertisement29 1992-08-04 19 SV fIP never been a quartz Blancpain watch. THERE NEVER WILL BE. Sniper THL VI JttftV7 7l'« C enfrep. xrt 7MIVAVtOi FVfttnwU \4. •«**♦•> J *>r.«i %4.'#w»l The HourGlass D29 words
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Article3070 1992-08-04 20 C" Properties 730 +10 +4 3% Spore Bus 500 650 20 3.2% Spore BusF 500 755 15 t-2 0% Times Pub 382 +14 +3.8% Hai Sun Hup 20« 265 8 3.1% Straits Trading 330 »8 2.5% PM Hldgs 245 *+7 2.9% Tat Lee Bank 3203,070 words
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Page 20 Advertisements
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Advertisement6 1992-08-04 20 honoured orouiHl tlw woridL' MostorCiird cord6 words
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Article3310 1992-08-04 21 HLeong Credit 290 +12 +4.3% M Banking 560 +5 +0.9% SPK-Seniosa 98 +5 +5.4% Sateras Res 45 +4 +9.8% Shell 450 4 f 0.9% Sungei Way 216 +4 +1.9% TDM 69 +4 +6.2% MAA 77 +2Vi +3.4% NBT 79 +2% 3.3% PJ Dev Hldgs 83V,3,310 words
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Page 21 Advertisements
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Advertisement50 1992-08-04 21 Lam m I "I'm generally what I say in the ads/' says Guinness Stout's 'wise man 1 George Lam. But he does get home before midnight. Read Lam on Lam and whether TV viewers like commercials with 'words of wisdom 1 instead of sexy women. [W| NEW, NEWS, NEWSY UtfilSß50 words
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BT SHARE INFORMATION SERVICE
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Article178 1992-08-04 22 Com—y Date Year Group Net Net urningi Grost to praflt/le** (L) per share dividend < 000) (cents) CK Tang Jul 23 Mar 92 13,802(16.552) 92(168) 6(6) Causeway Jul 22 Dec 91 J358l(Jl,808) -(58) _<_) J Cement Jul 22 Mar 92 $10.044($3.126) 285(8 9) 12 5(7 5) AsaPKld Jul178 words
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Article186 1992-08-04 22 Caapaay Date Year Croup pre-tax Net Minings Gross profit/loss (L) per share dividend C0«0) (cents) Berpya Grp Jul 31 Apr 92 M$95.929($131.180) 2.3(7) 12(5) St Tyres Jul 30 Apr 92 $3,111 ($3,048) 4.6(5.3) 5(-) RasM Hussam Jul 24 May 92 M$68.279($68.223) 244(33) 5(5) rilCorpn Jul 24 Jun 92186 words
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Article241 1992-08-04 22 Ctwpiwy Date Half-year Group pre-tax Interim mm to profit/loss (L) dividend ('000) Mill Jul 31 Jun 92 MS37.991 ($42,944) 3(3) 04C Jul 31 Jun 92 M$64.048(J52,254) Sup Metal Jul 31 Jun 92 Jl,940($l,821) Juror* SImp Jul 31 Jun 92 $46,817(143.718) 15(15) U06 Jul 31 Jun 92 J162,609c($145.382c) 8(8)241 words
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Article538 1992-08-04 22 Cwwt Ex Raafcs Date Total far Total for payout date data payatea the year last year Atei Hdp 50c 6%(b) At* 26 Sep 7 Sep 24 6% 6% Amcal 25C 10% Aug 21 Aug 27 Sep 10 10% 10% Mi Px Id 50c 2%(b) Jul 23 At« 6538 words
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Article336 1992-08-04 22 Company Rights lssu« IMA Three for four at MSI 00 per share Ex-date Jun 9 Books dose: Jun 24 Acceptance Payment Aug 7 S Finance One-tor two g, $110 per share Ei-date Jun 22 Books dose Jul 2 Acceptance ft Payment Aug 11 W*« Krr One-tortour M$2 SO336 words
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Article535 1992-08-04 22 M 31 Boustead Hokfings Bhd is acquiring a 70 percent stake in Kemira Sessions Paints Sdn Bhd for $17.4 million. M 30 D6S Bank has bought 24,000 Tat Lee Bank shares for $74,770, raising its stake in Tat Lee Bank to 13.43 per cent. Duniop Estates Bhd has535 words
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Article196 1992-08-04 22 Bitot Sembawanf Estates Ltd: 26th AGM EGM at the Summit Room, Valley Wing, Lobby Level, Valley Wing, Shangri-La Hotel Ltd, 22 Orange Grove Road, Singapore 1025, on Friday, August 7, at noon Overseas Union Trust Ltd: EGM at the Board Room, 45th Storey, OUB Centre, 1 Raffles Place,196 words
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Article90 1992-08-04 22 SpecWTrd, Script I <mi vers Km deadline Period TrmMmT Company starts (I DP) (ST) starts Amcol Jul 17 Aug 13 Jul 31 Aug 13 Aug 14 ANA Hotels Jul 31 Aug 27 Aug 17 Aug 27 Aug 28 Harimau Jul 17 Aug 13 Jul 31 Aug 13 Aug90 words
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362 1992-08-04 22 In local chit In SS la US$ dj )T dy >t dy yT J"l> 31 Index chge chge chge chge chge chge World 376.3 0.5 -7.8 0.5 -8.0 0.6 -7 6 *EAFE 430.8 0.8 -14.2 1.1 -13.8 1.2 -13.4 Europe 401.2 -0.4 -2.4 -0.1 0.1362 words
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Article, Illustration593 1992-08-04 22 Relative Strength Index: This indicator measures the rate at which prices move up or down, and theoretically ranges between zero and 100. In practice, it normally fluctuates between 10 and 90. RSI is calculated over a specified period, say 13 days, and is derived from the formula: 100CHARTS BY BRIDGE - 593 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5322 1992-08-04 23 Bernama Reuter MAJOR PLAYERS' reluctancc to enter the market led share prices on the Kuala Lumpur Stock Exchange to a slightly easier close yesterday despite some speculative buying interest. Brokers said prices generally moved sideways with the market lacking a clear direction followingBernama; Reuter - 5,322 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration1796 1992-08-04 24 Reuter BANGKOK stocks rose in active trade yesterday as investors were cheered by the government's decision to replace top military officers held responsible for the May shooting of pro-democracy campaigners. The SET Index gained 12.80 points to 757.22 on a turnover ofReuter; Source: Bridge Info - 1,796 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration916 1992-08-04 24 JAKARTA stocks ended mixed yesterday, with a drop in banking shares, as players gave up their holdings to cut losses. The Official Index dropped one point to 316.19. Brokers said trading was fairly quiet as many foreign fund managers were still on theirSource: Bridge Info - 916 words
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CHINA STOCK EXCHANGES
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Article, Illustration358 1992-08-04 24 Reuter PRICES for A shares on China's Shenzhen and Shanghai markets were down sharply while B shares for foreigners were steady to firmer yesterday, brokers said. Reports in Shanghai that two new A shares, China Textile Machinery and Dazhong Taxi, would be listedReuter - 358 words
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Page 24 Advertisements
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Advertisement43 1992-08-04 24 ANY JOB. ANY CAREER. j&P* ef*> Available Any Day. f g/ Any time, anywhere. the .Tasirs Times The Suhoat Times Business Times f The New Paper lianme Zaobao Lianme wanbao J/ I p|r VjJL Shin Min Daily News Berita harian Berita Minggu I-43 words
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Advertisement11 1992-08-04 24 WHOS DOING WHAT WHERE AHDWHEH Check out Hmeszone Central. Every Thursday11 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2603 1992-08-04 25 Reuter TOKYO stocks ended weaker yesterday on small-lot and program-linked selling in dull trade, brokers said. Volume was estimated to be at the lowest level this year, leaving the market volatile and easily influenced by futures-linked trading, they added. "Volume was soReuter - 2,603 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2569 1992-08-04 25 Reuter HONGKONG share prices finished higher yesterday on selective blue chip buying on expectations of positive corporate results, but turnover dropped further as most players remained cautious. The blue chip Hang Seng Index put on 29.60 points, or 0.5 per cent, to close atReuter - 2,569 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2074 1992-08-04 26 Reuter SYDNEY shares ended a dull session yesterday fractionally lower after hardly moving all day. "Barely two points separated the highs from the lows on the All Ordinaries Index," one broker said. "It was an extraordinarily flat day." Brokers blamed a bank holidayReuter; Source: Bridge Info - 2,074 words
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REGIONAL STOCK MARKETS
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Market leaders push NZ stocks higher
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Article319 1992-08-04 26 SOLID SUPPORT for leading New Zealand stocks yesterday pushed the share market modestly higher on average volume. The NZSE-40 Capital Index gained 7.61 points to 1,555.18 on turnover worth about NZ$22 million. Brierley was steady at NZ$l.OO, as was Telecom at NZ$2.3O. Carter Holt Harvey firmed one cent319 words
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Article527 1992-08-04 26 MANILA SHARE prices closed lower yesterday in light trade as investors stayed on the sidelines for lack of news to excite the market. The Manila Stock Exchange Composite Index shed 19.68 points to settle at 1,479.82. Losers edged out gainers 22 to 12. "Buyers are more defensive and less527 words
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Article543 1992-08-04 26 TAIWAN SHARE prices finished lower in thin trade yesterday as major players and institutions took profits after recent gains, brokers said. The Weighted Index moved narrowly and closed 29.76 points down at 4,072.08. Turnover was a thin NT$lB billion against Saturday's half-day NT522.68 billion. Brokers said willingness to pull543 words
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Article865 1992-08-04 26 SEOUL STOCKS edged slightly higher in late afternoon trading yesterday after spending nearly the entire day under the opening mark, dealers said. "Trading was very slow. But stocks began to rise on news the government would announce the winner of the sec ond mobile telecoms contract on Auj 14,"865 words
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Article49 1992-08-04 26 Clote PrrvioM A«g 3 NEW ZEALAND NZSE-40 Capital 1,555.18 1,547.57 +7.61 MANHA Composite Index 1,479.82 1,499.50 -19.68 Turnover (mil pesos) 239.0 329.3 -90.3 TAIPEI Weighted Price Index 4,072.08 4,101.84 -29.76 Turnover (NTS billion) 18.0 22.68 -4.68 SEOUL Composite Stock Index 508.63 506.57 2.06 Turnover (billion won) 8.47 7.32 +1.1549 words
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CURRENCY, MONEY & FUTURES MARKETS
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1123 1992-08-04 27 REPORTS THE US DOLLAR was.slightly firmer against the yen and the mark at a quiet Tokyo close yesterday, compared with its Friday New York closes, Tokyo dealers said. "The market was at a standstill," said Yo Nihei, spot dealer1,123 words
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Article379 1992-08-04 27 C diss rates Aug; USS SS MS Dm Yen SFr AS NZS USS 1.6130 2.5010 1.4765 127.20 0.5192 1.3170 1.3441 1.8349 SS0.6200 1.5505 0.9154 78.8593 0.3219 0.8165 0.8333 1.1375 MS 0.3998 0.64 0.5904 50.8597 0.2076 0.5266 0.5374 0.7337 Dm 0.6773 1.0924 1.6939 86.15 0.3516 0.8920 0.9103 1.2427379 words
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Article356 1992-08-04 27 Bank poised to rely more on global offerings Knight Ridder WASHINGTON The World Bank has begun to explore the possibility of issuing a global bond denominated in Deutschemarks. World Bank director of financial operations Kenneth Lay said it is "conceivable" the bank could issue aKnight Ridder - 356 words
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Article1501 1992-08-04 27 SIMEX EURODOLLAR Open High Low Sett Est Vol Act/Vol Op/lnt Sep 92 96.49 96.50 96 48 96.50 1600 959 ***** Dec 92 96 08 96.09 96 06 96 09 4700 3452 ***** Mar 93 95.97 95.98 95.96 95.99 2900 2795 ***** Jun 93 95.64 95.65 95.63 95.65 16001,501 words
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Article533 1992-08-04 27 Interbank rates ss Bid Offer Overnight 2 5/8 2 3/4 1-month 2 3/8 2 1/2 2-month 2 3/8 2 1/2 3-month 2 3/8 2 1/2 Overnight mode. 2-1/2 ISS Bid Ofler 7 days 3 3/8 3 1/2 1 month 3 3/8 3 1/2 2 months 3 3/8 3533 words
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Page 27 Advertisements
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Advertisement7 1992-08-04 27 Innovation Technology in Business Times every Tuesday7 words
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COMMODITIES
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698 1992-08-04 28 Knight-Ridder LONDON A sharply weakened US dollar eroding the purchasing power of Saudi Arabia's oil revenues in Europe and Japan has bolstered arguments that Riyadh will maintain a restrained crude output policy to maximise its income in coming months. Seasoned SaudiKnight-Ridder - 698 words
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749 1992-08-04 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market added 17 sen yesterday to settle at M$ 16.97 per kg on speculative buying interest. Dealers expected the local market to open the week lower following the rise in the749 words
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Article1588 1992-08-04 28 Rubber HAS Commodity Exdiango (future ctotiwf «i at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Aug 92 144.50 144 50 144.50 25 925 Sep 143.25 143.00 143.00 100 3,725 Oct 142.25 142.25 142.25 50 3,725 Nov 0.00 0.00 142.25 0 3,8751,588 words
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Page 28 Advertisements
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Advertisement360 1992-08-04 28 BUSINESS TIMES Toll free Tel No 737 0043 -Fax No: 734 3698 Jurong Shipyard Limited (Incorporated in the Republic of Singapore) Notice of Closure of Books for 1992 Interim Dividend Notice is hereby given that the closure dates of the Transfer Books and the Register of Members have been revised360 words
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Advertisement55 1992-08-04 28 Your son is studying overseas. And you want him close to home with news from home. You've posted a manager to head your Tokyo office. The Straits Times Weekly Overseas keeps him posted. You travel often on business and want to catch up on your return. The week's main issues55 words
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Article1260 1992-08-04 29 City Flight ETA Flight ETD MM Dftabi GA974 0005 GA886 0010 GA893 1345 GA982 0250 SQ228 2025 QF82 2205 GA974 0005 GA892 0150 KL837 1255 KL838 2240 GA893 1345 SQ338 2315 SQ323 1815 SQ348 2300 UllffcllHl SQ288 2015 NZ35 1550 SQ285 2115 SQ286 2030 NZ36 23551,260 words
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THE TRAVEL PAGE
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Article, Illustration735 1992-08-04 29 Chris Hedges - LETTER FROM CAIRO By Chris Hedges TWO CENTURIES of grime cake the walls of the Fishawi coffee house. Beneath the slow whirl of ceiling fans, a few patrons gurgle into their water pipes and old men huddle over domino boards, clinking their tiles and sipping735 words
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Article152 1992-08-04 29 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1935 1.2095 Canadian dollar 1.3468 1.3742 NZ dollar 0.8678 0.883S Sterling pound 3.0925 3.1345 US dollar 1.6090 1.6150 Local dollars to 100 units of foreign currency Austrian schilling 15.33152 words
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Article64 1992-08-04 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Sep 6-9 Fine Food Melbourne Australian (61)3/867.7981 Sep 6-9 International Dusseldorf, IGEDO. (49)211-*****1 Exhibition Services Fashion Trade Germany Internationale Sep 6-10 International Earls Court. Reed Exhibition 081-*****71 Fair Modemesse Watch. Jewellery I-ondon Companies Ltd Sep 6-10 Trade64 words
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Page 29 Advertisements
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Advertisement38 1992-08-04 29 What's theprice for a united Europe? Exactly the same when you fly to any one of Finnair's 35 European destinations. Check with your travel agent or call *****77 for more details. We knew Europe from «Urt to Finniah38 words
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Advertisement24 1992-08-04 29 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 749-257724 words
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Advertisement754 1992-08-04 29 BIUnjESSnMES Toll free Tel No 737 0043 Fax No: 734 3698 I i IN THE MATTER OF THE COMPANIES ACT, CAP. 90 AND IN THE MATTER OF CHENG DA DEVELOPMENT PTE. LTD. (IN VOLUNTARY LIQUIDATION) NOTICE OF RESOLUTION Al an Extraordinary General Meeting ol the members of Cheng Da Development754 words
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Advertisement409 1992-08-04 29 IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF KIN HOE INVESTMENTS PTE LTD (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap 50 that the Final Meeting of the Members of the409 words
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Page 29 Miscellaneous
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Miscellaneous226 1992-08-04 29 1 Cover story with article in- 4 Grey is to study j Maugham's work (8) 10 Phoney admission of pov- erty takes in a good man U 14 Current male desire 20 Shamefaced quartet of de- K "Jit ceivers (4-8) S 23 A double round to cele- 24 Catch a226 words
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Miscellaneous162 1992-08-04 29 Singapore Outlook: Showers over several areas in the morning and early afternoon. ReportMaximum temperature 29.3 Assoc humidity 80% Minimum temperature 23.3 Assoc humidity 100% Hours of sunshine 6.25 Rainfall in mm 31.0 Rainfall this month 31.1 Rainy days this month I World report Asia-Pacific Hi/I/>* Cond. Bangkok 33/25 Rain Beijing162 words
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Miscellaneous23 1992-08-04 29 ir My iki-TPPW IC, \T l <=> EJThKLR IT'S P\ UiiN Fuu. pbOGC Teas GftfoA 22 SITUATION.'. FIUS ITUP*G*itf... Q73< A ASSOCIATED NEWSPAPERS LTD23 words
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349 1992-08-04 30 Reuter BEIJING China's labour minister has confirmed reports that disgruntled workers were staging protests but denied they were exacerbated by reforms in the state sector that have led to one million job losses this year. "Every year, there are quite a numberReuter - 349 words
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391 1992-08-04 30 AFP Reuter BANGKOK Thai Prime Minister Anand Panyarachun predicted yesterday there would be no military backlash against his decision last week to remove top armed forces commanders following the killings of scores of antigovernment demonstrators. Mr Anand stressed he was "notAFP; Reuter - 391 words
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193 1992-08-04 30 Reuter BANGKOK Air Chief Marshal Kaset Rojananil has resigned as chairman of Thai Airways International Ltd following the loss of his positions as supreme military commander and air force chief. Thai Airways executive vice-president Chatrachai Bunya-Ananta said yesterday that Mr Kaset's successor will beReuter - 193 words
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216 1992-08-04 30 Reuter MILAN Italian financial markets surged yesterday in reaction to an agreement by the government, employers and unions to scrap a system of indexing wages to inflation. Economists viewed the deal as the first step in restoring international confidence in a troubled economy.Reuter - 216 words
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429 1992-08-04 30 AFP MANAMA With Kuwait about to welcome new US troops and Iraq saying it is ready for a fight, the two enemies seem to be preparing for another battle in the Gulf. "Everything appears to be coming into place as if Kuwait andAFP - 429 words
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182 1992-08-04 30 MBT ALOR STAR An escrow compensation fund will soon be set up for the MIDF Consultancy and Corporate Services Sdn Bhd (Midfccs) cheque-fraud victims, the New Straits Times reported yesterday, quoting Finance Minister Anwar Ibrahim. It said seven banks will have to bear 40 perMBT - 182 words
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Article, Illustration659 1992-08-04 30 LOH HUI YIN; LOH HUI YIN - The Bottom Line LOH HUI YIN LOH HUI YIN The writer is a BT news editor A REMARK by the boss of a big pharmaceuticals firm on the Government's proposed environmental law was telling. "For many of us, it will be a659 words
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156 1992-08-04 30 Reuter JOHANNESBURG A general strike against white rule by millions of black workers shut down businesses across South Africa yesterday after a bloody build-up in black areas. Police said at least 31 people were killed in factional fighting over the weekend and at leastReuter - 156 words
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Page 30 Advertisements
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Advertisement244 1992-08-04 30 f Singapore's most popular Nitsuko Key Telephone System J There was such a great res- bags under eyes, and the start of ponse to Bella s "Save Your Skin the double chin look. Week" Promotion in July, we're Call Bella Facial right away now holding another to confirm your free244 words
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Advertisement217 1992-08-04 30 SINGAPORE COmfZl Distributor of the most sought after Key Telephone System Tel: 278 7088 J J I Seminar on B| Japan's New Tax Haven Rules I A Seminar For Managers and Finance Executives of Japanese H subsidiaries (conducted in Japanese and English) H The Japanese Government recently introduced new tax217 words
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SHIPPING TIMES
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392 1992-08-04 31 Rahita Elias - By Rahita Elias SINGAPORE The proposed Asean Freight Forwarders Association (AFFA), an idea mooted last December, is likely to be set up by the end of this year. Cheah Cheong Tian, the honorary secretary-general of the Federation of Malaysian Freight Forwarders, told392 words
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432 1992-08-04 31 Diana Oon - By Diana Oon SINGAPORE The American Bureau of Shipping (ABS) saw an increase in its classification activity for both new and existing vessels in the first half of 1992 over the same period last year. The US-based organisation classified a total of 329432 words
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534 1992-08-04 31 BANGKOK In an effort to draw more ships to Laem Chabang Commercial Port, a 24-hour pilot service will be provided starting on Aug 18. Meanwhile, ships measuring longer than 246 metres will be allowed to call at the port provided534 words
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862 1992-08-04 31 Page Col ABC Containerize 12 I Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 •ASCL 5 9 Alpha Feeders 6 1 ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line. The 9 5 Batamindo862 words
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Article, Illustration350 1992-08-04 31 South China Morning Post HONGKONG Hongkong International Terminals is close to concluding a feasibility study on taking over the container ports of Shanghai in a joint venture with the city's port authority. HIT and Shanghai Port Authority are scrutinising plans to jointlySouth China Morning Post - 350 words
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180 1992-08-04 31 AP KARACHI, Pakistan Business at Karachi's bustling Arabian Sea port stopped abruptly last Sunday when 30,000 transport workers protesting against a tax hike went on strike. Millions of dollars worth of food, fuel and other goods lay stacked on deserted docks. Dozens of giantAP - 180 words
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LOG BOOK
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99 1992-08-04 32 BANGKOK A Singapore firm has signed an agreement with Cambodia to supply materials for oil exploration, the official Cambodian SPK news agency reported. SPK said a representative of the Singapore firm Camsim had recently signed an agreement with the department chief of Sihanoukville99 words
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Article52 1992-08-04 32 LONDON The Hongkong-flag bulk carrier Humanist is anchored off Texas on Friday, awaiting inspection after an engine room fire, Lloyd's Shipping Intelligence Service said. Fire broke out while the 33,880-dwt vessel was anchored in Matagorda Bay, Port O'Connor. But it was quickly extinguished. Two crew members52 words
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Article103 1992-08-04 32 HIROSHIMA, Japan Kanda Shipbuilding Corp, a medi-um-size firm based in western Japan, has reached an agreement to purchase a floating dry dock from a Swiss-Russian joint venture, a spokesman for the Japanese company said. Kanda Shipbuilding said it paid about 1 billion yen for the103 words
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Article111 1992-08-04 32 SEOUL, South Korea The government has decided to buy 12 military cargo planes from Spain for US$l64 million (***** million), the Defence Ministry said. A ministry spokesman said the government recently selected CN23SM cargo planes made by CASA of Spain over G222 planes111 words
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Article64 1992-08-04 32 LONDON British Aerospace has won a £300 million (***** million) contract for 13 Harrier training aircraft, the Ministry of Defence announced. The aircraft, for the British airforce and due to come into service in 1994, "has equipment, including night vision facilities, which will enable it64 words
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Article69 1992-08-04 32 LONDON A British Airways DC-10 aircraft on a flight from London to Houston, Texas, turned back on Sunday over the Atlantic with a hydraulic problem, a company spokesman said. "It was returned as a precaution," the spokesman said. Although emergency preparations were made before the69 words
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Article, Illustration1088 1992-08-04 32 Michael Grey - New Zealand is reaping the rich dividends of its considerable progress in reforms on the waterfront and in the shipping industry, reports Michael Grey Michael Grey Lloyd's Maritime Asia ONCE inordinately rewarded for what by any standards was a mediocre performance. New Zealand's maritime industries are brushingLloyd's Maritime Asia - 1,088 words
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Article13364 1992-08-04 40 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. LEGEND PN: ship calls at Penang after13,364 words
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Article3253 1992-08-04 45 AbC Cootainerline NV: Bclsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Vccord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). w Albatros Sea-Air Service: Frata Shpg Pte Ltd3,253 words
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Article260 1992-08-04 45 \bncus ouriers Tel: 545-8011. Fax: *****98 Air fApress Intel Tel: 533-5771. Fax: *****44 Airborne Freight 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. City-Unk International Tel: 344-3377. Fax: *****50. Cluster Link Supplies 6 Services260 words
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Article1466 1992-08-04 45 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Verolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air1,466 words
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Article3286 1992-08-04 46 ALBANIA Dunes; Six vessels in port discharging of which 1 general cargo, 1 glass, 2 oil, 2 other vessels; 1 vessel in roads to discharge bulk wheat. The maximum draft in port is 28ft 6 ins, but due to lack of dredging now is about 27 ft 63,286 words
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Article570 1992-08-04 46 SHIP SALES TANKER RATES Spence Young VESSELS ON OFFER Bulk Carriers Young Senator 65.850 dwt and built January 1989 Namura: Nagoya Aug 4-6 discharging iron ore where three Far Eastern and one European buyer inspecting. Vessel on olTer in the region of USs22m net. Continental Reliance: 65.224 dwt and builtSpence & Young - 570 words
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Article565 1992-08-04 46 ARRIVALS Op Flight Type irrA 1 From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL6I7 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997565 words
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Article482 1992-08-04 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Pep Name of V essel CI A LTD Ports of Calb Port Agent Telephone No AUGUST 04 04 Fantasy World 0900 1800 Sin-Jakarta Sembawang Johnson Mgt 227-8284 05 05 Royal Pacific 1300 1930 Port Klang Ocean Trade Chartering 299-0366 07 07 Royal Pacific 1300482 words
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SHIPS IN PORT
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Article675 1992-08-04 47 P**" M Voy N, Berth Amy* Departs Marina Terminal 1 Sembawane Terminal Batam Maiu *****2 M03 alongside 04 08/0500 Danah *****A S02 atorwside 05 08/0700 BatamMurn, *****2 M03 ato.gs.de 04 08/2300 jji, J™ JS 0608 0800 BataLST® mil 2 Mm n?2i!SS 0cMn 77 503 0408/1200 njtwwai 2025S675 words
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Article225 1992-08-04 47 JOWPrI rOn Berth: 1: Nogogtm; 2: Kota Ratna; 3: Pan Qu«en; 4: Protogoras; 5: Barge Malvest I; 6: Barge Kuala Siak. 01 jstty: Global Eos, Pulau Gebe, Global Mercury. DC* Ha«as. Ocean Elite. Dm on My 31: Ocean Princess, Paima, YicK Sing, Barge Josindo 1, lira Master.225 words
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Article1533 1992-08-04 47 CONTAINERS IN PROGRESS SNp Voy No Containers avaiabie Mp Voy No Contamers a taiaMe Swadaya 618 0208.92 0800 Ms Asia Deci 9232 COO(EST) 03 0892 0700 Futengshan 31SP 0208 92 0835 Tanto Capita 907 COO(EST) *****2 1500 Wan Ha 206 N013 02 08.92 0900 Eagle Cloud no COO1,533 words
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Article1112 1992-08-04 48 Sept 6-18: Scatrade Academy's Anatomy of Shipping, by Seatradc. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Cellular Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Technical Services at tel: 732-1970 or1,112 words
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Article664 1992-08-04 48 A 28-POINT fall in the Baltic Freight Index to 1,060 undermined sentiment in the dry cargo market, brokers said last Friday. A late-August grain fixture on the US. Gulf/Netherlands route at a lumpsum of U*****,000 for a ship of 67,500 dwt was way below the route's BFI level.664 words
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Article, Illustration853 1992-08-04 50 TWA jetliner crash NYT NEW YORK Federal investigators have turned their attention to maintenance records from the Lockheed L--1011 Tristar that burned at Kennedy International Airport after an aborted takeoff last week, seeking more clues about a broken wing and a possible false warning to theNYT - 853 words
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586 1992-08-04 50 NYT NEW YORK British Airways' agreement to invest US$75O million (SSI.2 billion) in USAir Group, parent of USAir, in exchange for 44 per cent of the overall equity and 21 per cent of its voting stock, has met with widespread approval on WallNYT - 586 words
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235 1992-08-04 50 AFP ROISSY, France About 20 former French hostages captured by Iraqi troops on Aug 2, 1990, after arriving in Kuwait on a British Airways flight, held a protest demonstration last Sunday against the airline. They protested at the British Airways check-in counter at the Paris-RoissyAFP - 235 words
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Article, Illustration522 1992-08-04 50 Thai Airbus crash AFP KATHMANDU Rescue workers in Nepal have recovered the voice recorder from the Thai Airbus 310-300 that crashcd into a mountain north of Kathmandu, home ministry officials said. But incessant rain combined with a temperature of minus 10 degrees Celsius has hampered helicopters searchingAFP - 522 words
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Article238 1992-08-04 50 AFP PORT ELIZABETH, South Africa The African National Congress (ANC) officially "renamed" the airport in this Indian Ocean port after a slain ANC activist in a ceremony last Saturday. Five thousand ANC supporters gathered in the airport carpark for the ceremony, at which a topAFP - 238 words
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Page 31 Advertisements
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Advertisement12 1992-08-04 31 tiNW„. W.U.MJ a» liigy. For advertising enquiries, contact Shipping Times Tel 740-2089/740-209012 words
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Advertisement126 1992-08-04 31 New Zealand: imbalance redressed, Pg 2 TWA crash: probe into maintenance records, Pg 20 I > '£> ~*l. 4i v fv V V •.< v it *r%Jr^s| I 4 i*,\ r v*" f- I **/.'> v t '*>•'; i'. !"f t -J| j i '1 I ?:> v j 1126 words
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Advertisement59 1992-08-04 31 Nedltoyd FAR EAST ID EUROPE/ MEDTTERRANEAN CALL: 221 8989 Air Forwarders 15 A» Fregit Schedule 16 Contarer Schedule 17 Courier Sennas 15 Cruse t Ferry Schedules 16 (My Fraghts 18 Index 1 Port Condrtions 16 Shpf»« Agents 15 Shppmg Gude 10.11 Stys*s/Tanker Rates 16 Shps in Port 17 Singapore Tides59 words
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Page 32 Advertisements
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Advertisement82 1992-08-04 32 Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful small firms and the people82 words
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Page 33 Advertisements
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Advertisement2810 1992-08-04 33 OOCL (8) PTE LTD JAROINE SHIPPING AGENCIES *1IV#» TEL: *****11 FAX: *****09 All VAT BOOKINGS TEL: *****34 *****58 TERMINAL/CFS TEL: *****18 220 H PESAKA JARDINE SHIPPING AGENCIES SON. BHD. L%W# i PORT KELANG TEL: *****18 FAX: *****91 *****88 CimJ Laill Dedicated to Quality Service .^Vf CFS I£L 349,04 ■MJ.11.111 rIMI2,810 words
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Advertisement2650 1992-08-04 33 pQcmsanza WEEKLY FEEDER ARIES CALLING PASIR GUDANG CLOSING TIME EVERY MONDAY AT 1700 HOURS FOR BOOKINGS ENQUIRIES, PLEASE CALL: LINDA OR SHEELA AT 07-*****8/9 Vesael Voy ETA ETD Feed* by DESTINATIONS Leer on/Arias This *e»k Marie Maersk 9208 T* Ml.UllmWignWTT¥riWW»»Ta»»>llmwmw^^» CY 28/7 1900 HRS ■||j||||g CFS 2«/7 1100 HRS JOH2,650 words
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Page 34 Advertisements
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Advertisement1370 1992-08-04 34 roam/ iMfrn VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE KJ|*yj KASUGA 1 22/131 7/8 16/8 30/8 26/8 28/8 31/8 T^EHBTBOI*) ABERDEEN BAY 01/331 9/8 26/8 28/8 31/8 KMT miM t KMM DANUBE 03/132 13/8 22/8 5/9 1/9 31/8 LUDWKJSHAFEN EXPRESS 03/332 16/8 2/9 4/9 7/91,370 words
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Advertisement453 1992-08-04 34 I EXPRESS TO PAPUA MEW GUINEA 1 SPOftCl ALAM TALAMO V2S IS/M POM/HON/NORO/RAB km/lac/ mm (LCL B/BULK) T/S: ALOTAU, OROBAY, KAVIENG ACCEPTING LCL FOR MAIN PORTS DISCHARGE PORT KELANG H C. TEL: *****01/4 INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vtsstL sporc rwL loading fob TAMARMVI9M ot/ot 12/ M453 words
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Advertisement1505 1992-08-04 34 mmmmAuwn u«t REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND TO EUROPE Sl/ OY m N.G BCI HAM BRE HOT ART FEL LHA (VIA <V» (VU Kllf^n 3 3 }?/2f IV,£! 01/)w 03/05 M* o9 05/09 06/09 07/09 08/09 if/Sf 09/09 12/09 13/09 13/09 14/09 14/09 15/99 lllZ S/M lw2 16/09 IS/M1,505 words
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Page 35 Advertisements
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Advertisement1981 1992-08-04 35 H STRAITS SHIPPING PTE LTD 10 Ho« Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 CARGO SPOW BKOK U"' "f' ,j ,nP t 05 MA H l W.Oltt/Oim 09 10 AUG 12-13 WIG MK lue2S !i» ,n StSl!"* Att| 09 KOI* «Hf«H6 VKBI2SS/K8129H 10 11 AUG 13-141,981 words
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Advertisement2651 1992-08-04 35 SINGAPORE AGENT: I-'XtI I I nrftt*l mm p&0 Containers (Singapore Agencies) Pte Ltd 1 ULV/ 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 ■pp; V A Tel 225 22 33 Telex: RS ***** PNOCSP Fax: 225 5327/222 7517 w V CR Number **********0Z EXPORT IMPORT JS2V I?* i*2,651 words
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Page 36 Advertisements
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Advertisement655 1992-08-04 36 ueJJUUULIu CR NBR **********0-D EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI VOY SPORE ROAM ADAM HBURG BMKN ANTWERP SWRUATA 35N6 21/5 23/10 M/ 10 4/11 1/11 KUTAI 26W </10 J/11 15/11 21/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct to Inducement. Alto accepting cargo to Casablanca. Port Said, Port655 words
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Advertisement1676 1992-08-04 36 0 HANJIN SHIPPING Ft* VSI SM LINE HAUL LGB OAK fOR VSL It* NAIA SAV AM RTC HANJIN KAOHSIUNG 009E 9 8 OHECT 30 8 2 9 HANJIN ROTTERDAM OIK 18 M AAUICA 004E 10/9 11/9 13/9 HANJIN BREMEN 004E 16 8 NRECT S 9 8 9 FISHGUARD BAT 209N1,676 words
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Advertisement1307 1992-08-04 36 3TI -I -1 r-1 -1 TTTI^ |__M__E J I I m < t I I*l sgp use wc uc mMlon n w tyo iai exs bal nyc im um nr wc ps> cnb pu sgp I EGROWMMOU 4/1 S/l lt/1 12/1 M/l 17/1 111 Ml 21/1 22/» 24/1 14/9 i«/1,307 words
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Page 37 Advertisements
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Advertisement2112 1992-08-04 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS (FOR ALL NOL SERVICES) NEPTUNELINK TEL *****00 (TOLL-FREE) USA SERVICE TERMINAL OFFICE *****22 FAR EAST SERVICE *****00 IMPORT CFS F9: *****69/*****96 UK/EUROPE SERVICE (TOLL FREE) EXPORT CFS -F9 *****53/*****50 aust/inoia/pak > NEPLINE SDN BHD MALAYSIA K L -(03) *****33,2,112 words
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Advertisement1187 1992-08-04 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****06 (FESCO LINE) ENQUIRIES: *****33 MARINE INSURANCE SERVICE: *****87/ *****87 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EAST BOUND dSCHMONC WtSTBOUHO-LQAOWC TRANSHPPED VIA ROTTERDAM") nssui ww1,187 words
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Page 38 Advertisements
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Advertisement1790 1992-08-04 38 K" ff B AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR **********0 M) M IWT m TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 M H MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD 1 A JL# TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. ■■■1 KAWASAKI KISEN KAISHA, LTD Indonesia: p.t.1,790 words
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Advertisement1257 1992-08-04 38 PHIU-ORICNT UN€S PT€ LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22 *****69 *****00 Telex: R*****0 FAX: *****76 *****38 OS# BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION AUSTRALIA/NEW ZEALAND/SOUTH PACIFIC FCL/LCL SERVICE 8 AUG SYDNEY, MELBOURNE.1,257 words
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Page 39 Advertisements
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Advertisement2260 1992-08-04 39 PACIFIC INTERNATIONAL LINES (PTE) LTD 140 Cecil Street, #03-00 PIL Building, Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA 1 BANGKOK ~1 VESSEL VOY SIN JKT SIN VESSEL VOV SIR BKK SIN FQUiTon HAWK mai ,7. 7' KOTA SURIA KSR3ON 5/8 l/l 12/8 KOri.unAM 12 ESTEBRUGGE 21N 7/8 10/12,260 words
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Advertisement842 1992-08-04 39 EXPRESS CONTAINER SERVICE TO UK-NORTH CONTINENT-SCANDINAVIA WEEKLY P|p GUDANG| PENANG PKELANG| OCEAN VSL/VOY RTM (2) HAM (3) GOT (4) E 31/7 3177 iTi BENARTY 2302 5/8 22/ i 24/8 25/8 iTTa E 7/8 7/6 8/8 ALSIA 2312 11/8 28/8 30/8 31/8 iTi D 14/8 15/8 BENAVON 2322 18/8 4/9 6/9842 words
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Advertisement286 1992-08-04 39 NIGERIAN NATIONAL SHIPPING LINE WP NIGERIA EXPRESS SERVICE RIVER IKPAN V.52 SINGAPORE In Port ETA Lagos 18 Aug Port Harcourt 20 Aug Calabar 25 Aug ACCEPTING B/BUt-K AND CONTAINERS I BSA° TRANSPORTATION M MYANMA PMI FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kit Pen P.Gdg HT286 words
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Page 42 Advertisements
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Advertisement3016 1992-08-04 42 Container Liner Services Malaysia's Agents: Indonesia's Agents: Guan Gum Snipping Sdn Bhd Chung CMm Shipping Sdn Bhd p j global Putra Indomsia maritime General Agents: Booking Agents: 58 Penman tta* mda Musa 29-A laian to* h» jwhmh/h Costar Shipping Pte Ltd snipping Freight Bonking Centre Sdn Bhd 4mQ M w3,016 words
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Advertisement340 1992-08-04 42 SAMUOERA MOONESU (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEBT CENTRE Singapore 0100 Teton: R*****0 Tal: *****81-3 Fa*: 225 4939. *****30 FOR BOOKINGS CALL DIRECT LINE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK MERKUR DELTA 934 IN PT 08/08 (SAT) OERAJAT 993 IN PT 07/08 (FRI) LAWANTI 972 05/08340 words
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Advertisement569 1992-08-04 43 (ft FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, SPORE 0207 HOT LINE: *****33 (24 LINES) UMASSOL/PIREAUS 9/8 ROTTERDAM 9/8 HAIFA/ASHOOD/ALEXANDRIA 978 HAMBURG/BREMEN 9/8 MARSEILLE/FRANCE 978 FELIXSTOWE/UK 978 BARCELONA/SPAIN 978 LEHAVRE/ANTWERP 9/8 GENOA/ITALY 978 GOTHENBURG/SCANDINAVIA 9/8 LOS ANGELES/WC/IPI 9/8 SYDNEY/MELBOURNE 8/8 NEW YORK/EC 9/8 FREMANTLE/ADELAIDE 8/8 VANCOUVER 978 BRISBANE569 words
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Advertisement35 1992-08-04 43 I K CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES PORTS ETP BANGKOK 7/8 10/8 HONG KONG 0/8 10/8 KEELUNG 8/8 11/8 BUSAN 5/8 12/8 MANILA 0/8 10/8 FOR BOOKINGS PLS CONTACT JEAN/JO/JANET35 words
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Advertisement861 1992-08-04 43 H £1 TEL *****33 (12 Lines) FAX: *****15/*****03 |-H| TELEX: RS ***** RISHIP (3 Line*) )M\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA LOAOtMG FOR SPORE AOVOT 29W8 06/09 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ANCHNET ?BWB 02/10 DARESSALAAM MOMBASA DJIBOUTI ASSAB M ASSAM861 words
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Advertisement466 1992-08-04 43 JAKARTA BANGKOK iastL U2I [Ytssa IWY smmx bawckok WANABHUM IMS OS/0I 01/01 MAHA BHUM# 119W **4 05/01 Sun 09/06 BENIA BHX4 30S 01/01 n/QQ )AXU BHUM 36* Fri 07/00 Mon 10/01 WANA BHUM 153S 12/08 15/01 HAN IA BHUM 101N M 01/01 Wed 12/08 SEMARANG/SURABAYA hya bwm* tm Mon 10/00466 words
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Advertisement351 1992-08-04 43 ©aapa ram VSL VOY SINGAPORE MADRAS SMGAPORE WML VOY sm MM SM rKanroa 215* in PI W-U/M u-17/01 Ttt* SIM 27* 04 07'01 IJ-14/M 20-21/W TKt* SKID 216N 10-11/01 1(11/01 24-2C/M Tttl C*H* 2M 14-15/01 20-22/01 27-21/01 VSL VOY SMGAPORE/CALCUTT A/SMGAPORE VOY SM CAI S» UOfH 426 OS 04 01351 words
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Advertisement1691 1992-08-04 44 IHNIMAC-NELS groupage I l-Kv\- JPENANG: (04) *****6 SIBU: (084) *****9 KUGHING: (082) *****3 v w v P.KELANG: (03) *****77 JAKARTA: (21) *****32 SUHABAYA: (31) *****0 I HKG/TWN/BKK [GOTH/U.K/MED PORTS PEN FKL SIN PEN PK SIN 5/8 6/8 7/8 Hong Kong Ldn/Fl*/Rdm/Ant 6/8 7/8 8/8 9/8 10/8 11/8 Hong Kong G'burg/C'hagen/Sholm/Oslo1,691 words
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Advertisement293 1992-08-04 44 BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN AKL LYT SM MULBERA 28S 14/8 26/8 28/8 14/9 AUST SIM 0626 22/8 3/9 5/9 22/9 PROSPECT 20S 3/9 15/9 17/9 3/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH, NAPIER, WELLINGTON,293 words
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Advertisement1182 1992-08-04 44 I THONG SOON UNES PTE. LTD. 77 ROBINSON ROAD #15-00, #16-00 SIA BUILDING SWGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER. RS ***** JENHOL CABLE: TOSOCO I CONVEN-nONAL/fcbNTAINER I SERVES I SINGAPORE TO WEST MALAYSIA SINGAPORE TO WEST MALAYSIA i KSSEI VOY ETA DCSJ VESSEL VOT1,182 words
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Advertisement10 1992-08-04 46 Don't miss Personal Finance Investment in Business Times every Saturday10 words
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Advertisement21 1992-08-04 47 N'rT SURE WHERE 1* PUT Y^UR MONEY? (ict thr answer in Personal Investment Finance. Hvcry Saturday in Buancs Times. Business Times21 words
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Page 47 Miscellaneous
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Miscellaneous427 1992-08-04 47 TIDES AND WEATHER TOOArS TIDES (hetght in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 0100 ************************************************************ JR 1.7 2.4 2.8 2.9 2.7 2.2 1.6 1.1 07 0.5 06 08 1.4 2.1 2.6 2.7 2.6 23 11 1.2 0.8 0.5 05 a 6 PP 1.7 2.4 2.7 28427 words
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Advertisement294 1992-08-04 48 1 W&k MAN HUAT SHIPPING CO (PTE) LTD. I 10 Anson Road, #14-19/21 International Plaza, Singapore 0207. Tel: *****11 (16 lines) Fax: *****94 Tlx: RS ***** AB LENHUAT Daily receiving cargo at Pasir Panjang Terminal PT4 Tel: *****97 REGULAR FULLY CONTAINERISED SERVICE TO BHANTOU 2 SAILINGS PER MONTH VESSEL ETA294 words
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Advertisement421 1992-08-04 48 JLcosco ukc conventional ggg VESSEL PKL PNQ P.O. LOAOINO FOR: A VESSEL 28/06 Rotterdam/Antwerp CHINA CONVENTIONAL MR VICE VESSEL PKL PNQ P.O. LOAOINO FOR: TRANS ASEAN 15/06 20/08 HtMngpu/Ouangzhou COSCO FULL COHTAXgR KUWCH (FCL/FCL) EXPORT TO. fIXI i'Bi*iMOWOtt)'HONOKONO EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN OUCF/KARACHI Please refer above421 words
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Advertisement296 1992-08-04 48 qgr&jajoqp ADotssxfl Bod Australia New Zealand J Weakly LCL Consolidation S CARGOFLO, I Singapore-Australia V, Fremantle Adelaide Melbourne Sydney Brisbane f Singapore-New Zealand k Wj y Auckland Wellington Lyttleton f I r; New Plymouth Napier Chrlstchurch A PUPgilgl n Tel: '*****88 1 V 4/ mM Fax:*****83 ———f I SKH DISTRIPARK296 words
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Advertisement1143 1992-08-04 49 I HYUNDAI I MERCHANT MARINE CO. LTD. •VIA FEEDER PACIFIC SOUTH-WEST SERVICE m• pke* pgd* s*r to usa wr rao lbh oak pal/hou ch siu wyc 04/ OS 29/07 31/07 07/01 H. COMMANDER 06E 14/08 31/08 03/09 03/09 01/09 01/09 06/09 U/0S 05/08 07/08 14/08 H. PIONEER 51E 21/08 07/091,143 words
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Advertisement452 1992-08-04 49 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS KiSL Wl 9 n IK U sui aausm n su SEA IMI SS S/S HA l/l KLIfIA 1$ 111 U/l TIAH WTI 42 11/ l U/l COSOC NASTLR u 12/1 14/1 COSJOC PWIEI 24 IS/I 11/ l COSMC TRADtR452 words
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Advertisement910 1992-08-04 49 OUR USA SERVICE CALLS If-*— I* ISnTnS |m |om |hok lut ic*/ |m I arc I SINGAPORE I I I I I PR- I I I I niRPPT et/BDV am mm nil ii/w auMMi nun ».jtm im/w w/«i|f7/w|?7/« |t7/w\vm I m/m Im/mlw/mI umc 'c* cn T am im mi ii/m~910 words
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Advertisement123 1992-08-04 49 BIOTANG HAS SHIPPING PTE. LTD. 39 NEK. ROAD SMGAPORE 0208 TEL: *****88 TLX: R*****5 SMMER FAX: *****64 ftcorn rain» CMCO STOH HSTMtnOMS MfTMC KM »1« OM7 ta| «7-« h* M* Mi KM mcutr nm vix mio i«-ii fet i»l n HRTMK KIMI «1K 12 13 h* 11-14 ft* BkiWk. Mv123 words
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Advertisement62 1992-08-04 50 Every Saturday in Business Times i —-j "the Etecufcue Housekeeper this hotel 1 O vvUo, I wants is me. Bob I'll never neglect I Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday Times Business Times The New Paper Lianhe Zaobao Lianhe wanbao Shin62 words
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Advertisement6 1992-08-04 50 INVESTMENT Every Saturday in Business Times6 words
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