The Business Times, 25 August 1992
1992-08-25
1
52
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The Business Times
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Title Section16 1992-08-25 1 Business Times THE BUSINESS PAPER FOR S-E ASIA MITA (P) 35/12/91 Tuesday, August 25, 1992 75*16 words
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NEWS SUMMARY
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74 1992-08-25 1 JERUSALEM Israel's Labour government yesterday cancelled expulsion orders against 11 Palestinians issued by the previous Likud administration as Middle East peace talks resumed in Washington. The defence ministry said the move came a day after Prime Minister Yitzhak Rabin ordered the release of about 80074 words
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70 1992-08-25 1 ROSTOCK, Germany German Interior Minister Rudolf Seiters, alarmed by a weekend orgy of neo-Nazi violence against foreigners in this eastern city, flew in yesterday for crisis talks with regional officials and police. Several hundred extreme right-wing youths, cheered on by a crowd of some 2,00070 words
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MARKETS SUMMARY
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Article39 1992-08-25 1 WALL STREET stocks headed lower in early trading yesterday, picking up where it left off in Friday's sharp decline. The Dow Jones average of 30 industrials fell 21.07 points to 3,233.03 in the first hour of trading.39 words
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Article24 1992-08-25 1 LONDON share prices were sharply lower at midday yesterday. The FTSE 100-share index was down 41.8 points at 2,323.9 at 1105 GMT.24 words
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Article, Illustration29 1992-08-25 1 Monday Change BT-MGA 643.31 -9.68 Kuala Lumpur —565.56 -2.10 Tokyo 16,627.96 411.08 Hongkong 5,390.93 -118.46 Sydney 1,539.5 -19.8 Friday Change New York 3,254.10 -50.79 London 2,365.7 +6.329 words
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Article19 1992-08-25 1 Fufhwift rates USS S$ 1.6040 100 Yen SS 1.2806 MMmiiiarMralM 3 6438 Overnight 2-3/16% -5/16 3-month 2-1/4* -3/1619 words
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Article36 1992-08-25 1 London Gold AM fix US$341.85 +US$4.50 Rubber S'pore Sep 141.25«/kg +0.25 M'sia Sep..... 218.50»/kg unch KL Tin Turnover 15 tonnes +2 Spot M$16.80/kg +0.04 Crndo point oil Turnover 814 lots -186 Oct MS846 /tonne +236 words
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Article, Illustration625 1992-08-25 1 Colin Tan - By Colin Tan SINGAPORE S Dhanabalan, who has been a member of the Cabinet since June 1980, has resigned as National Development Minister and will re-join the private sector next month. The Prime Minister's Office yesterday said Finance Minister Richard Hu625 words
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457 1992-08-25 1 Catherine Ong - Deal raises eyebrows in view of HK govt probe From Catherine Ong in HONGKONG FUJIAN Enterprises (Holdings) has bought a 10 per cent stake in Allied Group Ltd for HK$ 126.5 million (5526.24 million) amid a government investigation into the company controlled457 words
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264 1992-08-25 1 Soh Tiang Keng - The sinking of the Royal Pacific By Soh Tiang Keng SINGAPORE Insurers may have to pay up about $150 million for the Singa-pore-based cruise ship, Royal Pacific, which sank on Sunday after colliding with a Taiwanese trawler. BT understands that this264 words
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270 1992-08-25 1 Juliette Walker - By Juliette Walker SINGAPORE Eight people are still missing from the Singapore-based cruise ship Royal Pacific which sank after its Sunday collision with a Taiwanese trawler. Five Singaporeans are among the missing: Vanessa Cheng Chiang Eng, 31; Jeffrey Tan Bock Soon, 34; Puan Kheng270 words
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125 1992-08-25 1 JAKARTA Indonesia said yesterday it would review its widely criticised decision to allow hundreds of workers from China into the country. "We are re-checking ...but it should not affect the project," Coordinating Minister of Security and Political Affairs Sudomo told reporters. About125 words
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354 1992-08-25 1 S N Vasuki - By S N Vasuki SINGAPORE European central banks started the week on an interventionist note as the US dollar plunged to an all-time low against the German mark in European trading yesterday. The bearish sentiment spilled over to European stock markets354 words
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Page 1 Advertisements
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Advertisement504 1992-08-25 1 Nikon The World's Finest Photographic System. MISC pessimistic MALAYSIAN International Shipping Corporation Bhd (MISC), which reported higher turnover but lower net earnings for the half-year to June 30, 1992, expects worse times ahead Page 4 Guinness Anchor hit ADDITIONAL excise duties imposed by the Malaysian government have taken their toll504 words
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Advertisement160 1992-08-25 1 Issues facing entrepreneurs ENTERPRISE 92, a conference exploring issues facing local entrepreneurs, opens today. Entrepreneurs themselves, in particular those running small and medium businesses, have zeroed in on a perennial complaint money, or rather, the lack of it. Are their concerns justified? Turn to Pg 13 P4(witomtvZ nSllflWv rflDvl lIHIU160 words
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Advertisement19 1992-08-25 1 Nikon The World s Finest Pnotographic System. Hock Lock Siew: Minority shareholders right in rejecting MAS rights, Pg 419 words
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PAGE 2 NEWS
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SINGAPORE ROUNDUP
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94 1992-08-25 2 THE Internal Security Department (ISD) has questioned a Merrill Lynch economist, Nicholas Kwan, in connection with a Business Times report in June citing economic statistics. The US-based brokerage yesterday said Mr Kwan was questioned at the ISD's premises on Aug 19. The Home Affairs Ministry,94 words
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Article65 1992-08-25 2 LIEN YING CHOW, group chairman of the Overseas Union Bank, will be conferred the honorary degree of Doctor of Letters by President Wee Kim Wee at the National University of Singapore's convocation ceremony on Aug 31. At the same ceremony, President Wee will also confer65 words
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Article47 1992-08-25 2 JHE Health and Community Development Minister, Yeo Gheow Tong, will attend the Fourth Asian and Pacific Population Conference in Bali from Aug 26 to 27. The theme of the conference is Population and Sustainable Development: Goals and Strategies into the Twenty-First Century.47 words
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Article67 1992-08-25 2 THE Republic of Singapore Air Force will host the first phase of its annual bilateral air exercise with the Royal Thai Air Force at the Sembawang Air Base from Aug 25 to 29. The exercise, which will involve 130 officers from the two air forces, will67 words
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469 1992-08-25 2 Harish Mehta - STPB disputes BT report of hotel price war By Harish Mehta SINGAPORE The Singapore Tourist Promotion Board (STPB) yesterday announced that visitor arrivals hit an all-time high in July, and disputed a BT report last week which said hotels were locked in a469 words
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Article, Illustration251 1992-08-25 2 Claire Leow - By Claire Leow SINGAPORE Otto Versand of Germany, touted as the world's largest mail-order firm, will spend U5566.5 million (SS 106.4 million) to source goods from South-east Asia this year. A quarter of this amount has been slated for Singapore goods. The251 words
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303 1992-08-25 2 Schutz Lee - Both believe profit will improve within 2 years By Schutz Lee SINGAPORE Brierley Investments Ltd and the Singapore government have no intention of divesting their stakes in beleaguered Mount Charlotte Investments, whose performance has been hobbled by a slower than expected recovery303 words
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427 1992-08-25 2 Shoeb Kagda - By Shoeb Kagda SINGAPORE The Chinese stock market, for all its spectacular growth in recent months, has yet to experience its baptism of fire, said John Wong, director of the Institute of East Asian Political Economies. Potential participants in the market should427 words
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427 1992-08-25 3 Tax incentives, lower money market rates in rescue package Reuter SEOUL South Korea yesterday unveiled long-awaited measures to boost the ailing stock market, but analysts predicted the multi-billion-dollar rescue plan would give plummeting prices only a short-term fillip. Prices initially soaredReuter - 427 words
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224 1992-08-25 3 SINGAPORE Golf course and resort development circles in Malaysia are anxiously awaiting a Federal government announcement on guidelines for such recreational facilities. The guidelines, first mooted early last month, are being considered by Malaysia's Ministry of Domestic Trade and Consumer Affairs, which controls the Registrar224 words
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253 1992-08-25 3 Rajendra Bajpai - From Rajendra Bajpai in NEW DELHI SINGAPORE Telecom's Indian joint venture, Mobile Communications, is among the lowest bidders in terms of rentals for contracts to operate cellular phone networks in India. Industry sources said they believe India's Department of Telecommunication will award operating253 words
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333 1992-08-25 3 Teh Hooi Ling - Benefits of country's investment boom will spread Reports by Teh Hooi Ling SINGAPORE In the next three to five years, industrial development in Peninsular Malaysia will pick up along the east coast as the country experiences an investment boom.333 words
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Article, Illustration353 1992-08-25 3 SINGAPORE Singapore and Johor should not allow the "minor irritations" that exist in the relationship of neighbours to surface and be blown out of proportions. "Difficulties, real or perceived, if encountered in our dealings, viewed in the light of our overriding regional objectives,353 words
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Page 2 Advertisements
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Advertisement48 1992-08-25 2 A Super Holiday on Nassim Hill Singapore'd Modt Up-Market Residential And Embadjy District FOTSS(T For reservations, contact your Travel Agent or call us at 732-1113 and 235-6560. Or simply fax us at 737-6684. (All numbers are toll-free). A ANA HOTEL SINCAPORE 16, Nassim Hill, Singapore 1025. Tel: 732-1222.48 words
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Advertisement69 1992-08-25 2 A BOID DEVELOPMENT jj/ki J} /%>■ A \mSsm Easy access via ECP and AYE 5-minute walk s\L from Taiyong Pagar MKT Column-free office IJ||L y^Sjwl space Computerised building management V system Conference facility High speed lifts Ample carpark lots "n!??*\Nw OFFICES FOR LEASE FOR IMMEDIATE OCCUPATION uif3 DiVtLOUK: SOLS MAMKiTING69 words
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Page 3 Advertisements
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Advertisement78 1992-08-25 3 with New Binding Machine ftipl Arl 1 11 yl# m ~£j/ JM Please call Tell *****95 or Fax: *****41 to confirm your order Now! wl /MIH• 1 IBICO SINGAPORE PTE. LTD. 47 Ayer Rajah Crescent #05-08/17, Singapore 0513 pS r ALL THE RIGHT |-j_POLLO CONNECTIONS f* Located at the entrance78 words
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Advertisement102 1992-08-25 3 dSsTHE BEST OF IWC Since the establishment and moon phase display in of Sincere Watch in 1954, we 18kt S old Radiatin elegance, have worked hard to maintain economy of form and technical a reputation for excellence. brilliance. the service we provide our Exquisite watches. Excustomers and in the range102 words
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COMPANY NEWS 1
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COMPANY BRIEFS
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99 1992-08-25 4 KUALA LUMPUR Landmarks Bhd's group pre-tax profit for the six months ended June surged 156 per cent to M 524.34 million (5515.58 million) from M 59.49 million a year ago. Its unaudited results showed that turnover grew 27 per cent to M 568.58 million from99 words
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Article68 1992-08-25 4 SINGAPORE Three subsidiaries of Singapore Airlines have announced a change of company secretaries. Devika Rani Davar has resigned from Singapore Jamco Pte Ltd and SIA Properties (Pte) Ltd and was replaced by Jonathan Kok Hei Mun and Catherine Ho Peng Hong in the two respective68 words
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Article53 1992-08-25 4 SINGAPORE Hai Sun Hup Group, whose bonus issue was approved by shareholders recently, has adjusted the exercise price of its Warrants 97 to $1.94 from $2.42, and increased their number to 48.59 million from 38.87 million, on the basis of one new warrant for every53 words
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272 1992-08-25 4 Dexter Lee - By Dexter Lee SINGAPORE Keppel Integrated Engineering Ltd (KIE) has clinched its biggest contract since going public an $11-million order from a Swedish company to build the steel structure of two boiler houses. The boiler houses order were, however, a prelude to272 words
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436 1992-08-25 4 Sylvia Wong - Interim earnings hit by overcapacity, falling freight rates By Sylvia Wong SINGAPORE Malaysian International Shipping Corporation Bhd (MISC) yesterday reported higher turnover but lower profit for the halfyear to June 30, 1992, and said it expects difficult times in the second half. The436 words
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405 1992-08-25 4 Catherine Ong - From Catherine Ong in HONGKONG SOUTH CHINA Morning Post (Holdings) has notched up a 9.3 per cent growth in full-year earnings which were in line with market expectations, analysts said. Net profits for the year ended June 30 rose to HK5531.7 million (SS405 words
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208 1992-08-25 4 SINGAPORE Singapore Press Holdings Ltd (SPH) is looking to the information technology (IT) industry for an expert to help it handle the production of the massive Appointments Notice section of The Straits Times. The expert, however, would not be flesh and blood,208 words
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230 1992-08-25 4 SINGAPORE The restructuring of the marinebased Sembawang group, which started in 1990, will soon go one step further. Sembawang Shipyard is set to acquire over 16.2 million shares of rival Jurong Shipyard from holding company Sembawang Holdings. Yesterday listed Sembawang Shipyard and230 words
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394 1992-08-25 4 Sylvia Wong - By Sylvia Wong SINGAPORE Additional excise duties imposed by the Malaysian government have taken their toll on the interim earnings of Guinness Anchor Bhd. After a record year in 1991, Guinness Anchor has reported a 3 per cent drop in net earnings to394 words
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155 1992-08-25 4 Bernama KUALA LUMPUR Metrojaya Bhd expects to register a 25 per cent growth in turnover for the current financial year ending March 31, 1993. Speaking to reporters after the company's annual general meeting here yesterday, chairman Ahmad Khairummuzammil Mohamad Yusoff said the group's profitsBernama - 155 words
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685 1992-08-25 4 S N Vasuki - THE HOCK LOCK SIEW COLUMN By S N Vasuki SINGAPORE Not so long ago, listed companies treated minority shareholders like ageing members of a family. They received a patient hearing at annual general meetings where senior management made polite noises and promised685 words
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Article, Illustration353 1992-08-25 6 BANGKOK Thailand's Securities and Exchange Commission has formed a seven-member committee to strengthen its investigation on stock trading irregularities, such as insider trading and share manipulation. The committee is chaired by former secretary-general of the Juridical Council, Dr Amorn Chantarasomboon, the Bangkok353 words
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221 1992-08-25 6 Bloomberg HONGKONG A growing number of companies controlled by China plan to make initial public offerings and list shares on the Hongkong stock exchange, the Asian Wall Street Journal has reported. The next mainland Chinese enterprise to go public is likely toBloomberg - 221 words
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264 1992-08-25 6 Bloomberg MELBOURNE Australia's Ashton Mining Ltd, which has a 40 per cent interest in the world's largest diamond mine, said profit before tax and abnormal items doubled in the first half of 1992 from a year earlier. The company said interim earnings totidled ABloomberg - 264 words
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537 1992-08-25 6 MARKET Reuter HONGKONG Hongkong and Shanghai Banking Corp's parent could announce interim profits up by 30 per cent this week, but analysts say mystery surrounding its exposure to property giant Olympia and York has reduced forecasting to pure guesswork. Results for the first sixReuter - 537 words
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472 1992-08-25 8 Reuter SEOUL Three of South Korea's industrial giants are waging an all-out fight to get into a lucrative new field of high-technology shipbuilding. The shipbuilding units of the Samsung Group, the Daewoo Group and the Hanjin Group are vying to win aReuter - 472 words
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320 1992-08-25 8 Bloomberg TOKYO Major Japanese life insurers face serious challenges to their financial position in the *****, said a report issued yesterday by credit ratings agency Moody's Japan KK, a subsidiary of Moody's Investors Service. Separately, the agency said it is reviewing the "AAA" ratingsBloomberg - 320 words
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COMPANY BRIEFS
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Article56 1992-08-25 8 LONDON Euro Disney SCA, operator of the Disneyland theme park near Paris, may not pay shareholders a dividend this year, said a report in the Independent on Sunday. "The payment will be decided in December and will depend on the level of losses," a Euro56 words
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Article57 1992-08-25 8 ATHENS A small Greek publishing concern whose owner has ties to the Greek Communist Party has announced that it has obtained majority control of the Russian daily newspaper Pravda. Akadymos is run by Yannis Yannikos, 69, and his 30-year-old son, Christos, both now in Moscow57 words
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Article53 1992-08-25 8 LONDON The Observer newspaper owned by conglomerate Lonrho pic increased its losses last year by nearly £1 million (553.16 million) and warned the current year would be difficult, said a report in the Sunday Telegraph. The report said the figures came from overdue accounts lodged at Companies53 words
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64 1992-08-25 8 LONDON Irish food and media tycoon Tony O'Reilly has held secret talks with bankers who own 56 per cent of Mirror Group Newspapers pic, said a report in the Sunday Telegraph. Mr O'Reilly controls Irish media company, the Independent Newspaper Group, which64 words
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441 1992-08-25 8 Reuter SYDNEY Rupert Murdoch's News Corp Ltd is on track for a profit of almost ASSOO million (***** million) for the latest year to June 30 the highest in three years, analysts said. The global media and entertainment group, wallowing deep in theReuter - 441 words
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Page 4 Advertisements
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Advertisement252 1992-08-25 4 S'pore investors stay away 21 Tokyo stocks surge 2.5 pc 27 Hang Seng down 2. lpc 27 WORLD-CLASS MANAGEMENT TRAINING PROJECT ADVISORY SERVICES INTERNATIONAL INVESTMENTS UCLA O 3 University of California, Los Angeles w in association with Malaysian Strategic Consultancy Sdn Bhd q. presents a World-Class 0 n a: Few252 words
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Page 5 Advertisements
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Advertisement396 1992-08-25 5 J If you're not using an HP LaserJet printer, i your software could play tricks on you. 1 All leading software is written with HP performance of the HP LaserJet printers, are told, all of the time. LaserJet printers in mind. This ensures other printers have an unfortunate that the396 words
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Page 6 Advertisements
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Advertisement228 1992-08-25 6 Rather Than Sprinkle Spices We Throw In Freshness. II Faithful to traditional Teochew culinary art, our chefs at Hung Kang Teochew v Restaurant do not use spice excessively to bring a dish to taste. Preferring instead to insist on up-to-the-minute-fresh ingredients to bring out the true taste of our food.228 words
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Page 7 Advertisements
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Advertisement269 1992-08-25 7 P Prime space now available at 27% off. We really ourselves so more 2nd Prize Two Qantas Class. Especially now 27% off Class return our on Australian and Business Class, until December nights in Deluxe Accommodation budget as well as your legs to these 3rd Prize Two Qantas Business destinations.269 words
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Page 8 Advertisements
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Advertisement557 1992-08-25 8 International Marketing 11th Intake by Distance Learning rniißl "One of the advantages of enrolling in the M.Sc degree in Rinn International Marketing is that you will be joining a (i3E9U Ww Department that is acknowledged as the largest and most KIL^JM \3I/ innovative University centre of Marketing in Europe." UiEkllSj557 words
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FINANCIAL NEWS
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342 1992-08-25 9 Kooi Cho Teng - By Kooi Cho Teng SINGAPORE Austria's leading bank, CreditanstaltBankverein, will set up a merchant banking unit here by the end of this year. Brian Hobson, the general manager of the bank's Hongkong branch, said the merchant banking licence was granted late342 words
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Article, Illustration527 1992-08-25 9 Shoeb Kagda - THE By Shoeb Kagda The Sang Kancil weekly column tracks the profit/loss of a US$5O,OOO live account set up by Jutures house Refco. Relying on both technicals and fundamentals, the account will trade in currency, interest rate, commodity and stock index Jutures.Source: Knight-Ridder - 527 words
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SMALL CHANGE
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108 1992-08-25 9 TOKYO The Japanese government will not be influenced by the recent political calls for deficit-financing bond issues when it maps out a new economic-stimulative package later this month, a Ministry of Finance (MOF) official has said. Foreign Minister Michio Watanabe reportedly said that the108 words
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Article69 1992-08-25 9 TOKYO Yamaichi Securities Co Ltd, one of Japan's Big Four securities firms, will merge three retail offices into larger branches because of the sluggish Tokyo stock market, a Yamaichi spokesman said. Earlier, Yamaichi merged six other retail offices into branches where a wider range of69 words
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Article75 1992-08-25 9 OSLO Norway's biggest insurer, Uni Storebrand A/S, will write down the par value of its shares as part of a deal to obtain two billion crowns in fresh capital to shore up the company. Norwegian authorities met during the weekend to try to resolve a75 words
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Article103 1992-08-25 9 COPENHAGEN Unidanmark A/S, holding company of Danish bank Unibank A/S, said it has appointed Thorieif Krarup as new chief executive officer in succession to Steen Rasborg. Mr Krarup is the head of Danish mortgage bank Tryg Nykredit Holding with which Unidanmark plans a strategic alliance. Mr103 words
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512 1992-08-25 9 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Banks are moving out of developing their own software into what they know best banking, claims Bruce R Quick, managing director of Fiserv (ASPAC) Pte Ltd and head of the banking software group's Asia Pacific operations. Major banks512 words
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180 1992-08-25 9 Reuter BANGKOK The government of Prime Minister Anand Panyarachun will speed up drafting executive laws to allow banks and finance institutions to set up offshore banking units here before it leaves office after the elections next month. Finance ministry sources said they planReuter - 180 words
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Page 9 Advertisements
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Advertisement173 1992-08-25 9 Legendary" Discover a menu that's quite extraordinary. A 3-course Business Lunch at $32++ including'% a complimentary glass of wine. SINGAKU Call 733 8888/(irresmunrnu. I Gacadcn Ro»d (off Orchard Road) Gimpfcmfntani uuiel parking Smpapore 1024 Rare Chinese Art Exhibition (25th August 10th September 1992 10am 6pm daily) Hua Shi Oriental Art173 words
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THE REGION
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361 1992-08-25 10 Salaries still up to 50pc lower than in NICs MBT KUALA LUMPUR Wage increases in Malaysia will not ijndermine competitiveness as salaries are still 30 to SO per cent lower than in the newly-industrialised countries (NICs) and a shift to higher value-addedMBT - 361 words
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246 1992-08-25 10 Reuter BANGKOK The "Mr Clean" of Thai politics has threatened to crack down on the country's notorious sex industry if his Moral Force party wins elections next month, The Nation newspaper reported yesterday. "We have to prevent women from being luredReuter - 246 words
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362 1992-08-25 10 Reuter TOKYO Negotiations between Japanese buyers and Vietnam for term contracts to buy crude oil from the Bach Ho field from the fourth quarter of 1992 have broken down over a 17-US-cent difference in price, oil sources said yesterday. The buyersReuter - 362 words
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262 1992-08-25 10 Reuter KUALA LUMPUR Plans by an opposition-led Malaysian state to introduce orthodox Islamic laws which prescribe amputation of limbs and whipping are unlikely to win wide support, analysts say. The north-eastern state of Kelantan announced earlier this month that it would go aheadReuter - 262 words
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NOTE BOOK
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Article68 1992-08-25 10 KUALA LUMPUR India has agreed to buy 300,000 tonnes of Malaysian palm oil during 1992/93 (April-March) financial year, a senior Malaysian official said yesterday. India's State Minister for Industry P J Kurien gave the undertaking at a meeting with Malaysian Primary Industries Minister Lim68 words
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Article68 1992-08-25 10 KUALA LUMPUR Malaysia's liquefied natural gas (LNG) business is expected to nearly triple from 1990's trade of 72 billion cu m (bcm) by 2010 but financing new projects to meet the increasing worldwide demand will be a persistent problem. Petroleum Economist, the international energy journal,68 words
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Article, Illustration40 1992-08-25 10 YANGON University students leaving the campus of the University of Yangon after registering for the 1992-93 school year. Students began classes yesterday for the first time since 1988 when the military seized power following student-led anti-government demonstrations.40 words
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Article59 1992-08-25 10 BANGKOK The Thai government is working on two agreements with Russia. One is on the double taxation treaty and the other on investment protection, the Bangkok-based The Nation reported on Saturday. The Thai government is also considering opening a letter of credit account for trade59 words
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Page 10 Advertisements
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Advertisement201 1992-08-25 10 THE TOTAL BUSINESS CONCEPT ALEXANDRA POINT TECHNO PARK f \jf vJive your business the cutting edge by integrating your corporate headquarters, administration, R&D, manufacturing, warehousing, showroom, sales and service centre in Alexandra Point Techno Park. By locating these functions in the 25-storey office tower and two 8-storey industrial IlN* blocks,201 words
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THE WORLD
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448 1992-08-25 11 mi|i Challenger charges President with religious intolerance Reuter WASHINGTON US President George Bush on Sunday told a farm audience he favoured "free trade without apology" while Democratic challenger Bill Clinton charged the Republican President with religious intolerance for his position on abortion. TheReuter - 448 words
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268 1992-08-25 11 Reuter LONDON British Prime Minister John Major faced a possibly grave sterling crisis yesterday after returning from holiday at the weekend to hear sharp criticism of his economic policies. Mr Major and Chancellor of the Exchequer Norman Lamont will hold urgentReuter - 268 words
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Article, Illustration360 1992-08-25 11 Normalisation of Beijing-Seoul ties Reuter SEOUL The establishment of diplomatic ties between South Korea and China yesterday raised the stakes in Seoul's confusing political poker game for unification with the communist North, analysts said. They said Seoul had scored a major coup inReuter - 360 words
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WORLD WATCH
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Article76 1992-08-25 11 BEIJING China's trade with Japan will hit a record US$23 billion to US$24 billion (between 5536.8 billion and 5538.5 billion) this year against 1991's US$2O.2 billion, placing Tokyo firmly as Beijing's number two trading partner in Asia after Hongkong, the official China Daily said. High growth76 words
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Article56 1992-08-25 11 JERUSALEM Israel's new government, keen to create jobs and boost the economy, plans to spend US$B.5 billion modernising its infrastructure over the next three years, treasury officials said on Sunday. The plan would be part of a budget that would include cuts in spending on defence56 words
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Article, Illustration41 1992-08-25 11 TAIPEI About 200 Taiwanese drug manufacturers protesting outside the unofficial US embassy in Taipei yesterday against US pressure on Taiwan to crack down on patent piracy. Taipei and Washington began trade talks earlier in the day.41 words
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Article67 1992-08-25 11 CARACAS Venezuelan President Carlos Andres Perez has announced a budget-cutting plan that included a freeze in public sector wages next year, the elimination of 25,000 state jobs and a reduction in the operating costs of the oil company. Mr Perez, in an address to the nation,67 words
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Article74 1992-08-25 11 BUENOS AIRES The partners of the Mercosur commerce pact Argentina, Brazil, Paraguay and Uruguay will seek to join the North American Free Trade Agreement (Nafta), Argentine Economy Minister Domingo Cavallo said yesterday. Mr Cavallo told the daily La Nation that Mexico's joining the United States'74 words
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Page 11 Advertisements
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Advertisement10 1992-08-25 11 Pressure mounting on the pound, Pg 29 ARCHITECTS Idrawing board10 words
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Article480 1992-08-25 12 EDITORIAL ONCE AGAIN, Washington is on an economic warpath with China, this time with a hit-list of Chinese exports worth US$4 billion which might face punitive tariffs unless the derailed trade talks between the two are back on track by Oct 10. Washington is playing480 words
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WHAT THE OTHERS SAY
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Article271 1992-08-25 12 THE COLLAPSE of the British property market should sound a further cautionary note for eager investors continuing to rush headlong into condominium units and other projects still under construction. True, the Real Estate Developers Association of Singapore has assured them that there are adequate safeguards271 words
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Article100 1992-08-25 12 THE DISINTEGRATION of Soviet Union is no doubt one of the most significant moments in the world's history. It ushers the end of the Cold War, disenchantment over communism and the dawn of intense economic competition via the formation of trade blocs. The world may be100 words
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Article130 1992-08-25 12 SINGAPOREANS must first deepen their understanding of themselves and of others to be able to really look to the world. On the one hand, they cannot forget that Singapore is an independent country and that the cultivation of the people's emotional ties with their homeland is130 words
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REGIONAL VIEWPOINTS
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Article162 1992-08-25 12 THE Health Ministry has finally hit the nail on the head over what is the most crucial thing that needs to be done in improving the country's health-care services: upgrading hospital emergency units. Yes, the ministry must be commended for its newly-found determination to upgrade the162 words
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Article129 1992-08-25 12 WITH THE AIR in Bangkok becoming suffocating and the country's rivers turned into sewers, how are we supposed to respond when the government says it can't properly do its job in taming industrial pollution? Should we bea>me angry? Frustrated? Resigned? How about all of the above?129 words
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Article252 1992-08-25 12 IT IS OFTEN galling to note that the service industry often seeks approvals for price increases to maintain its profit levels but this is seldom matched by improvements in the provision of its services and the public transport operators are no exception. Too many, and too often,252 words
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Article, Illustration906 1992-08-25 12 Steve Brull - Steve Brull looks at why foreign companies are flocking to Japan's second city Steve Brull IHT OSAKA may be Japan's second city but for a growing number of foreign companies fed up with Tokyo's high prices and chaotic crowds, it is No 1. ForIHT - 906 words
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Page 12 Advertisements
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Advertisement499 1992-08-25 12 6TH ASIA-PACIFIC PETROLEUM CONFERENCE 14-16 September 1992 UAAA3 Raffles CHy Convention Centre, Singapore ■Rf|RVnWSHVVV9V|V|9VRH Mr Edward Kropels Mr Yoshi Nokamura BHHHhUfIHHHUkaIUHHAfiI Pres»denr, Energy Security Anolysis, Inc. Monogef, Marubeni Corpn Washington D.C., USA T OPENING ADOAESS Mr lan Taylor Mr Lim Qoon Henq Dynornks 6 Business Monoging Director, Virol Asia Senior499 words
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Page 12 Miscellaneous
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Miscellaneous72 1992-08-25 12 DOONESBURY GARRY TRUDEAU Doonesbury by garry trudeau PHm not run- i know /s that ri6ht? 6&at' you thanks pun I NING Off- WITHOUT we've MET USTBN, HJfVZ GOT TO ZAIPIT' JIM' KST J "*> s ITjHI SMNS6OOPNKHT. ABOUT TBN GtT YOU HPS OV£*ONB U/tU.frbl TO YOUR rl(M p i AR£72 words
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ANALYSIS
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Article, Illustration907 1992-08-25 13 The Economist A CENTURY or two ago, young men dreamed of finding a gold mine or carving a cattle ranch out of the wilderness. Those who succeeded were the heroes of their age, and nobody doubted their right to take their rewards. TodayThe Economist - 907 words
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1504 1992-08-25 13 Helen Chang - Enterprise 92, a conference exploring issues facing local entrepreneurs, opens today. Entrepreneurs themselves zero in on a perennial complaint money, or rather, the lack of it. But isn't enough already being done? Helen Chang reports Helen Chang MONEY has always been a problem1,504 words
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658 1992-08-25 13 Steven Erlanger - Money problems of a more formidable kind plague Russians, says Steven Erlanger Steven Erlanger NYT IN THE enormous shadow economy that was the Soviet Union, a foreigner, immediately recognisable by hair, shoes, clothes and who knew what else, could hardly walk the streetNYT - 658 words
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Page 13 Advertisements
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Advertisement321 1992-08-25 13 #H> Jones lang Wootton International Property Consultants Real Estate Agents Valuers Auctioneers Project Property Managers Jones Lang Wootton, Singapore's leading international property consultancy firm, is seeking outstanding individuals to join their Retail Agpncy Department The JLW Retail Team, by far the largest and motf dynamic in Singapore, is currently involved321 words
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INNOVATION & TECHNOLOGY 1
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Article, Illustration669 1992-08-25 14 Jennifer Lien - The AYS group tells Jennifer Lien what's on the cards Jennifer Lien SINGAPORE'S AVS group wants to break into the sound card business now dominated by compatriot Creative Technology. And with more and competitive pricing, the local PC maker might just sfacceed in669 words
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Article793 1992-08-25 14 Andrew Baxter - Andrew Baxter describes how the humble warehouse is opening its doors to automation Andrew Baxter FT LOOMING over British Steel's tinplate works in a steep valley at Ebbw Vale is a somewhat forbidding structure. It may not win any architectural awards but its contents hold the keyFT - 793 words
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Article, Illustration864 1992-08-25 15 Helen Chang - Helen Chang meets a local entrepreneur who has found a unique market niche Helen Chang An old joke goes: how many Poles does it take to screw in a light-bulb? Five one to stand on the stool and hold the light-bulb, and four to turn the864 words
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Article, Illustration487 1992-08-25 15 Louise Kehoe - Louise Kehoe reports on a Silicon Glen venture with big ambitions Louise Kehoe FT NOT EVERY world leader is American. This slogan on the cover of Spider Systems' marketing brochure sets the tone. The eight-year-old Edinburgh-based computer networking company thinks big and faces competition head on. "AllFT - 487 words
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685 1992-08-25 15 Lawrence M Fisher - Lawrence M Fisher describes an early warning system for coronary artery disease Lawrence M Fisher NYT PHYSICIANS have long sought a window into the heart, some means to glimpse the progression of the fatty plaque in coronary arteries before it causes a heart attack.NYT - 685 words
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Page 14 Advertisements
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Advertisement161 1992-08-25 14 Within the spacious interior of the new Jaguar XJ6, all is distinctive luxury and comfort. Sumptuous, hand-sewn leather upholstery and mirror-polished walnut veneers convey all the I richness and elegance you would expect of the world's most sought-after marque. Such uncompromising quality is fully matched by the choice of 3.2161 words
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Page 15 Advertisements
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Advertisement196 1992-08-25 15 ARE YOU STm^^ TO BREAKING POINT |kjj|BY FINANCIAL RISKS? Tight liquidity and difficulty in making credit assessments can tax even the most experienced of financial controllers, proprietors and business- men. And that's not even including those times when unexpected events, such as sudden political and economic crisis, can throw your196 words
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FOCUS
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Article, Illustration691 1992-08-25 16 Barbara Crossette - Middle East peace talks Local politics may be able to help produce results in the latest round of Middle East peace talks, writes Barbara Crossette Barbara Crossette NYT AS DELEGATES gathered in Washington for a new round of Middle East peace talks, thlre wasNYT - 691 words
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847 1992-08-25 16 Clyde Haberman - Clyde Haberman speaks to a Palestinian negotiator who says her people have special cause to be heard Clyde Haberman NYT THE Israeli-Palestinian conflict has long been a search for who wronged whom first. Who threw the first stone, fired theNYT - 847 words
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Page 16 Advertisements
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Advertisement175 1992-08-25 16 Why wait months for your arm to be replaced? I speaking, you'll be hard put to find another piece of office furniture that was more efficient. So ergon-omically-inclined that if you ever develop a bad you see it again. Unless it Diethelm chair), drop in to posture, we wouldn't be175 words
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LIFESTYLE 1
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Article, Illustration1049 1992-08-25 17 James Barrow - As the scandal gains wider publicity, friends and relatives come forward to speak for Mia Farrow or Woody Allen, reports James Barrow James Barrow NYT THIS is no ordinary custody fight. Whatever the facts behind the very public breakup of these once very private people, Woody Allen andNYT - 1,049 words
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Article, Illustration971 1992-08-25 19 Suzanne Cassidy - American magazines for men are breaking into the Englishman's domain. But not without some resistance, reports Suzanne Cassidy Suzanne Cassidy NYT IN 1988, when Conde Nast started a British edition of GQ, the conventional wisdom was that British men didn't read general-interest magazines, did not careNYT - 971 words
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Article, Illustration531 1992-08-25 19 CHATTHtBOF' ROCK MUSIC fans in Romania are thrilled at the news that Michael Jackson will appear in Bucharest, but many say they're not sure they can afford to go to the pop superstar's Sep 30 concert. The tickets are rumoured to cost up to531 words
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Page 17 Advertisements
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Advertisement258 1992-08-25 17 The reat colour notebook. o^^nmmioGi Active real colours vs. passive colours. Sharp's LCD uses the TFT active matrix system, as opposed to a conventional LCD, ua for rich, natural colours and excellent contrast. (Whites are also purer than that /a 0,8" J of a passive colour screen.) rJ&+£< &*y It258 words
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Page 18 Advertisements
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Advertisement756 1992-08-25 18 Nothing Beats A ButLUffinflll where to wine, dine or JOIN THE PUSHBS jpoj f ANDHAVEAMU Only at Subway can you play old English pub games like Push Penny, Table Skittles, Backgammon and Electronic Darts. What's more, our Happy Hour beer prices at S3 a glass and $12 a jug are756 words
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Advertisement246 1992-08-25 18 ■KJi >) come. The delicious flavours brought to you by 3 Taiwan at the Chatterbox. «LaJ Lai Shaman {SZome celebrate National Day with us and reat yourself to the most fantastic array of ocal favourites from Singapore's Ihmatoum: chicken fungus soup, crabmeat fried rice, Oriental cold dish combination. Serangoon. chicken246 words
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Page 18 Miscellaneous
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Miscellaneous598 1992-08-25 18 TELEVISION AND RADIO HT J 1 1 j 12.30 UK On* pie upbringing had not pre- I ranina j§^ —pushups wsh, Mm X 7JS f« Opening followed by Th. 10.30 S*l K> Mat (Con'l). BBC 99 9 mHz in VW trnt 9 p—. 1 T 1 n 111) ym ,0,5598 words
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Page 19 Advertisements
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Advertisement190 1992-08-25 19 AND ENTERTAIN < t yfjuUiUtf Oral A 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 $5.00+ per person anahoib. SINGAPORE For reservation* 16190 words
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Advertisement133 1992-08-25 19 RowtadPatfnqDuck 31ffl/921 Lot»t»S*d Ftwd Fn« fkd Fnh w/Soyi Ben Cnjmb H H• Mi fin w/C/eb Meal Stuffed Cutttofah Paste */Se*Stu H H Deep Flint Crapy Qacfcen Steamed fee wlLotus Leaf Prawns witti Dried CM Red-Bean Soup w/lotus Soedi H MAPLE LEAP 9ie-Chuan Restaurant WgJJ\ 390 Victoria Street #01-01/06 Golden Landmark133 words
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Advertisement164 1992-08-25 19 WE TRUST GUESTS WILL Fi H NEW ROOMS MORE COMFORTABLL ■I Wfe know you'll spot the two and Mischief Lounge plus restaurants I queen size beds in each newly offering exotic Japanese and Cantonese renovated room. (And if cuisines. Singapore's most there's space for two beds, exciting street, Orchard Road164 words
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SPORTS
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SIDE LINES
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59 1992-08-25 20 LONG BEACH, California Russell Coutts of New Zealand displaced compatriot Chris Dickson as yachting's match racing world champion on Sunday when he defeated American Kevin Mahaney in the final. Coutts won the best-of-three final 2-0 after Mahaney, the lowest-ranked skipper in the competition, took costly59 words
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Article93 1992-08-25 20 SAO PAULO Wayne Rainey took the early lead and ran away to a 13-second victory in the Brazilian Grand Pnx motorcycle race on Sunday, closing within two points of championship leader Michael Doohan and setting up a duel for the title in the season's final race.93 words
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Article62 1992-08-25 20 ELKHART LAKE, Wisconsin Emerson Fittipaldi won an eight-lap sprint to the finish following a late-race caution period and won the Texaco-Havoline 200 on Sunday for his second straight IndyCar victory. Fittipaldi, who led most of the race, held off A 1 Unser Jr on the final62 words
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Article125 1992-08-25 20 JOHANNESBURG South African sport is emerging from apartheid with black and white competing side by side but fans still deeply divided over the nation's identity. Only a nervous minute's silence in Cape Town on Saturday averted the possibility of the country's sport in general, and certainly the125 words
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Article, Illustration320 1992-08-25 20 AP MONTREAL Arantxa Sanchez Vicario fought off the memories of 10 consecutive losses to Monica Seles on Sunday, upsetting the world No 1 in the championship of the Matinee International Canadian Open tennis tournament. Sanchez, the second seed from Spain, turned in a dogged performance onAP - 320 words
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169 1992-08-25 20 AP INDIANAPOLIS Pete Sampras broke Jim Courier once in each set for a 6-4,6*4 victory and the US Hardcourt Championship on Supday, winning his third straight title. "This is the time of year where I really start playing well on hardcourt, which jisAP - 169 words
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312 1992-08-25 20 AP NEW HAVEN, Connecticut Stefan Edberg stopped Ivan Lendl's streak of finals appearances at two, keeping him off balance with superior net play in the Volvo International semi-finals on Sunday. Twice Edberg let Lendl break back immediately after being broken and he nearly did itAP - 312 words
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Article597 1992-08-25 20 The Economist NEW YORK A boxer who wants to win the world heavyweight title has to take on not one but two opponents. He has to beat the current champion, Evander Holyfield. But he also needs to beat George Benton, the champion's trainer. For Benton, known inThe Economist - 597 words
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Page 20 Advertisements
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Advertisement128 1992-08-25 20 8 WAYS TO ENJOY OUR tk ANNIVERSARY BUSINESS PACKAGE Refresh your spirits with a welcome drink. Stay in the comfort of our wellappointed Deluxe Room. Wake up to a hearty buffet breakfast -on the H H MKpr house. Enjoy at your convenience a basket of H H i|§; v j128 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration3807 1992-08-25 21 Quak Hiang Whai - By Quak Hiang Whai THE TOKYO market's strong gains yesterday failed to spark a rally in Singapore, where investors, anticipating more falls here, preferred to keep to the sidelines. Their caution stemmed from Wall Street's pltinge on Friday when the Dow Jones Industrial3,807 words
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Article, Illustration77 1992-08-25 21 Quak Hiang Whai - Quak Hiang Whai THE nine-week and nine-month moving averages have cut the price lines from below, signalling that Amcol Holding's share price could be on the downtrend. However, immediate downside risk appears to be limited to $1.60, which provided a major resistance in two previous runups. Monthly RSISOURCE: BRIDGE INFO - 77 words
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Page 21 Advertisements
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Advertisement62 1992-08-25 21 Singapore: THE HOUR GLASS Lucky Plaza Tel. *****20/1 Scotts Tel. *****27/7198 jM JW Centrepoint Tel. *****98/603 .Peninsula Plaza Tel *****09/*****63 jfcvmSSXL. f Palais Renaissance Tel. *****62/543 Raffles Tel *****41 JWL. Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THE HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel.62 words
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Article2925 1992-08-25 22 Robinson 640 +10 +1.6% SPH Foreign 1210 +10 +0.8% UOI 233 7 +3.1% Jurong Eng SO* 310 +4 +1.3% GenMag 20* 62 3 5.1% Orchard Parade 498 +2 +0.4% Tat Lee Finance 166 +2 +1.2% CSA Hldgs 20* 99 +1 +1.0% Centrepoint 50* 173 +12,925 words
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Page 22 Advertisements
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Article3171 1992-08-25 23 MAS 364 +8 +2.2% Shell 450 4 +0.9% Sime Darby 50* 233 +4 +1.7% Tech Resources 54Vj +3fc +6.9% Amal Sleel 50» 138 +3 +2.2% UMW 278 +2 +0.7% MCB Hldgs 50* 77Vi +13% M Plantations 4IVi +Vi +1.2% Paramount Bd97 50 +1.0% Paramount TSR963,171 words
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Page 23 Advertisements
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Advertisement82 1992-08-25 23 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 lode at successful small firms and the people82 words
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BT SHARE INFORMATION SERVICE
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Article184 1992-08-25 24 Date Ymt 6rw»N«t M HrUm Cmi to praflt/toM (L) ptr tkan dMdmd COM) (CMrts) Malayawata Aug 17 Mar 92 M$50,782 ($50,395) 37 8(37 5) 15TE(75TE) Metalock Aug 12 Mar 92 $4,479(15.048) 18.7(21) 10(10) Pelangi BM Au| 10 Mar 92 MJ22.992($14,556) 11(9) 15(10) M Credit Aug 7 Mar 92184 words
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Article217 1992-08-25 24 C»f—y Date Ymt Crap pre-tax Nat Mmtags firwi mm la prallt/laas (L) par atara tiMaai f«00) (carta) -,hs»s M Aug 21 Jon 92 M$4,109l($5,211l) Industries Aug 21 Jun 92 M919.655(S13.797) 7.3(3.7) »*'BMT Aug 20 Jun 92 S1.518(S1,348) 337.6(306.3) 140.9(150) 4 "Centrepomt Aug 20 Jun 92 $20.635($19.853) 5.3(5) 5.8(5.8)217 words
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Article468 1992-08-25 24 CMfMQf Date Half-yMr Grnp prt-tu liUrin m to praM/tots (L) MM rtM) Guinness Aug 21 Jun 92 MSS0.452(S50.114) 18(16) Inffioiler Aug 21 Jun 92 8810(81,407) UM Corpn Aug 21 Jun 92 M825,053(811,610) 5(5) Leader U Aug 21 Jun 92 M843,871 (828,437) 5(—) lien Hoe Aug 21 Jun 92468 words
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Article756 1992-08-25 24 CwTMt Ex Ma Date Trfai far Tatei far paynt tfate cteM payaMa tea yur last yaar Mn IHp 50c 6*(b) Am 26 Sep 7 Sep 24 6% 6% Am* 25c 10% Aug 21 Auc 27 Sep 10 10% 10% Mi He Ld 50c 2%(b) U 23 Am 6756 words
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Article418 1992-08-25 24 hn 22 DBS Bank has set up a joint-venture brokerage house in Malaysia through its wholly-owned subsidiary, DBS Securities Malaysia. The bank has a 30 per cent stake in the venture Hwang-DBS (Malaysia) Sdn Bhd. Wembley Industries takings is negotiating for contracts worth M 5225 million to M418 words
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Article289 1992-08-25 24 Company Rights Issue Mdwi Map* One-torsi MSI 50 per share Ei-date Au| 27 Books dose: Sap 10 Acceptance Payment PIYA IMS Onetor-one MS5 00 per share Ei-date Sep 7 Books dose: Sap 21 Acceptance I Payment NYA OUT One-tor SI SO per share. Ei-date Aug 19 Books dose289 words
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Article124 1992-08-25 24 Kmura Seovibes Bhd: 10th AGM at Banquet Hal, Hotel Tasik (Seremban), In Tetamu, ***** Seremban, on Tuesday, August 25 at 10.30 am Malayan Craft Ltd: 30th AGM at Chang) I, Level 3, Concorde Hotel, 317 Outram Road, Singapore 0316, on Wednesday, August 26, at 12.00 noon L«ng Hup124 words
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302 1992-08-25 24 la local cwt la SS la L'SS %4y%yr %tfy%yr tfy yr At 21 i«Jex dy due dy difc due ckgc World 374.5 2.0 -8.3 1.7 -8.4 IJ -7.7 tEAFE 430.2 3.1 -14.3 3.0 -13.6 3.0 -13.0 Europe 391.0 0.3 -4.9 0.0 -1.8 0.1 -1.1 Pacific302 words
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Article, Illustration594 1992-08-25 24 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 - 594 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5197 1992-08-25 25 Bernama SHARE prices here closed easier yesterday on lack of follow-through from last week's gains. Dealers attributed the poor sentiment to mixed overseas leads and the continued absence of marketmoving factors locally. The KLSE Composite Index at spm fell 2.10 points from Friday'sBernama - 5,197 words
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CHINA STOCK EXCHANGES
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Article, Illustration368 1992-08-25 26 Reuter SHANGHAI 'A' shares continued their downward spiral yesterday while Shenzhen 'B' shares remained firmly stuck in the doldrums, Hongkong brokers said. News that Rubber Belt A shares and Tyre and Rubber B shares would start trading on Friday depressed sentiments andReuter - 368 words
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JAKARTA STOCK EXCHANGE
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Article, Illustration930 1992-08-25 26 SHARE prices showed little change in dull trading yesterday, brokers said. The Official Index rose slightly by 0.86 points to 301.14. "It was very dull, even duller than in the past few days," one broker said. Food items manufacturers Suba Indah was the930 words
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STOCK EXCHANGE OF THAILAND
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Article, Illustration2146 1992-08-25 26 Reuter INVESTORS sold speculative stocks which gained strongly last week and losses of the two largest capitalisation issues pushed the index lower yesterday, brokers said. The SET Index ended 4.37 points or 0.57 per cent lower to 756.83 on a turnover of 8.56 billionReuter; Source: Bridge Info - 2,146 words
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Page 26 Advertisements
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Advertisement134 1992-08-25 26 [shinei YOUR KEY TO BETTERBUSINESSDEOSIONS! Shine is Singapore Press Holdings' infbrich database financial statements highlights, graphs, latest results team: T. S. Liu on 740 1035, Hazel Ong on 740 1771 on Teleview, which incidentally is the most advanced and company news. or Tony Chia S videotext system in the world.134 words
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TOKYO STOCK EXCHANGE
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Article, Illustration2609 1992-08-25 27 Reuter STOCKS jumped for the fourth day in a row yesterday and the Nikkei Average surged 411.08 points or 2.53 per cent to 16,627.96. Shortcovering and light fresh buying prodded prices up, but profit-taking and caution about overshooting hit hard when the NikkeiReuter - 2,609 words
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STOCK EXCHANGE OF HONGKONG
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Article, Illustration2466 1992-08-25 27 Reuter SHARE PRICES finished weaker yesterday as sentiment was hammered by gloom over an ongoing USChina trade dispute and fears that several blue chip firms may announce disappointing interim results, brokers said. The Hang Seng Index ended down 118.46 points, or 2.15 per cent,Reuter - 2,466 words
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AUSTRALIAN STOCK EXCHANGE
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Article, Illustration2070 1992-08-25 28 Reuter SHAKfca closed significantly lower yesterday despite a four-day rally in Tokyo, with investors preferring instead to focus on weak US markets. "I was surprised at how weak the market was," David Perry of Austock Brokers said. "It shows you how fragile itReuter; Source: Bridge Info - 2,070 words
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REGIONAL STOCK MARKETS
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Seoul stocks climb on positive news
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Article831 1992-08-25 28 STOCKS closed higher yesterday in active trade aided by the announcement of long-anticipated market boosting measures and South Korea's signing of diplomatic ties with mainland China, brokers said. "Basically, lots of positive news came out yesterday," Blaring Securities' Nam Ki-yul said. The Finance Ministry said institutional investors would be831 words
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Article537 1992-08-25 28 SHARE prices fell across the board yesterday in reaction to the decline in Wail Street and in the Hongkong market and the adverse investor reaction to the new board of the Philippine National Bank. The Manila Stock Exchange Composite Index slipped 19.41 points to close at 1,455.71. "The drop537 words
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Article200 1992-08-25 28 SHARES ended only marginally lower yesterday on minimal turnover, despite a sharp decline on Wall Street on Friday. The NZSE-40 Capital Index ended 3.98 points down at 1,476.26 on turnover worth about NZ$ll.l million. "It was a flat, low-volume, Monday type of day," said one broker. New Zealand200 words
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Article465 1992-08-25 28 STOCKS finished higher yesterday with buyers focusing their attention on small capitalisation stocks, brokers said. But they added investors remained cautious and substantial gains would require higher turnover. The Weighted Index finished 27.87 points up at 3,850.68. But turnover fell to a thin NT519.17 billion from NT523.4 billion during465 words
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Article169 1992-08-25 28 INDIAN stocks rose yesterday on hopes for imminent convertibility of the rupee and traders said the Bombay Stock Exchange Index could break 3,100 points today. The Bombay index gained 18.18 points to close at 3,053.12 and the National Index rose 12.67 to 1,343.92 yesterday. The Delhi Index gained 9.37169 words
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Article47 1992-08-25 28 CVM* PlniiM +tAag 24 NEW ZEALAND NZSE-40 Capital 1,476.26 1,490.24 -3.98 Composite Index 1,455.71 1,475.12 -19.41 Turnover (mil peaat) 215.1 294.7 -79i mm Weighted Price Index 3,850.68 3,822.81 +27.87 Turnover (NTS billioa) 19.17 23.4 -4.23 SEOUL Composite Stock Index 483.73 471.61 +12.12 Turnover (billion won) unav 125.547 words
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CURRENCY, MONEY & FUTURES MARKETS
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1206 1992-08-25 29 REPORTS THE US DOLLAR closed lower yesterday in Tokyo, but off lows, against the Deut&hemark and the yen on further speculative selling amid bearish sentiment [caused by the fact that the dollar hit a record low in New York on Friday1,206 words
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Article382 1992-08-25 29 CrdSS rates **24 US$ SS MS Dm Yen SFr AS NZS ussl 1.6065 2.4920 1.4220 125.25 0.5084 1.2650 1.3937 1.8587 j. a. SS 0.6225 1.5512 0.8852 77.9645 0.3165 0.7874 0.8676 1.1570 L. MS 0.4013 0.64 0.5706 50.2608 0.2040 0.5076 0.5593 0.7459 L Dm 0.7032 1.1297 1.7525 88.08382 words
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Article528 1992-08-25 29 Interbank rates SS BM Offer Overnight unav unav 1-month 2 3/16 2 5/16 2-moptfc 2 3/16 2 5/16 3-momh 2 1/4 2 3/8 Oversight mode: 2-1/2 USt'V BM Offer 7 da*' 3 3/8 3 1/2 1 month 3 3/8 3 1/2 2 m«miw 3 3/8 3 1/2 3528 words
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Article299 1992-08-25 29 IHT LONDON A crisis is at hand for the battered British pound. Fourteen months after Britain steered its currency into the European Monetary System's exchange-rate mechanism, sterling is approaching the lowest levels allowable against the Deutschemark. Having lost ground against the mark all of lastIHT - 299 words
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Article1537 1992-08-25 29 SIMEX nmmm Open High Low Sett Est Vot Act/Vol Op/Int Sep 92 96.60 9661 9659 2145 2574 ***** Dec 92 96.40 96.41 96.35 96.37 9245 ***** ***** Mar 93 96.35 96.38 96.29 96.31 7530 ***** ***** Jun 93 96.05 96.07 95.98 96.00 2140 4983 5797 Sep 93 95.691,537 words
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Page 29 Advertisements
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Advertisement7 1992-08-25 29 Advertising Marketing in Business Times every Thursday7 words
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COMMODITIES
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359 1992-08-25 30 Reuter LONDON The gap between sugar production and demand will narrow in 1992/93, with only a small surplus added to the volume carried forward in a year's time, forecasts C Czarnikow Sugar in its first estimate of the 1992/93 balance. World sugarReuter - 359 words
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265 1992-08-25 30 Reuter BOGOTA Brazilian and Colombian coffee officials have begun talks and are confident of taking a united producer position to the next round of negotiations on a new International Coffee Agreement. A Brazilian delegation led by Clodoaldo Hugueney, Brazil's chief negotiatorReuter - 265 words
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729 1992-08-25 30 REPORTS THE PRICE of tin rose four sen to close at M$ 16.80 per kg on the Kuala Lumpur Tin Market yesterday, prompted by smaller offerings and steadier close on the London Metal Exchange last Friday. Despite the slightly steadier performance,729 words
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Article1477 1992-08-25 30 Rubber WS OmmmI Mgg (*rtrw d»lt If) KSS I C—tract (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Sep 92 0.00 0.00 141.25 0 1,725 Oct 140.00 139.50 139.75 325 3,525 Nov 139.00 139.00 138.75 125 3,500 Dec 138.50 138.50 138.50 125 3,875 Jan/Mar 93 0.00 0.001,477 words
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Page 30 Advertisements
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Advertisement255 1992-08-25 30 ■Mi The Straits Times igr Weekly Overseas Edition. A crisp HMu summary of y happenings in investment I opportunities appointments... And snippets on Malaysia and Asean. A convenient tabloid delivered to you every week, whereever you may be. Subscribe now. And be in touch. The Straits Times Making an issue255 words
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Article1115 1992-08-25 31 EU WIW ETO Cttj FHH ETA FlgM ETP AMiMhM GA893 1345 GA974 0006 KancM SQ4I7 0600 SQ418 1245 GA886 0010 PK772 1930 PH773 2235 GA962 0250 Kata UuMi SQ187 1350 SQ188 0630 MaMMa SQ228 2025 QF82 2205 MH631 1520 MH630 0950 MmMNmi KL837 1255 GA974 00051,115 words
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THE TRAVEL PAGE
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Article, Illustration667 1992-08-25 31 Alexander Ferguson - LETTER FROM SELLIN By Alexander Ferguson WARNING signs, fences and dog patrols are back again in former communist East Germany in what the tabloids are calling the "underpants war". They are there to shield prim west German tourists from exposed east German flesh. "They dumped tonnes667 words
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Article151 1992-08-25 31 As at 10am yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.1463 1.1620 Canadian dollar 1.3364 1.363S NZ dollar 0.8350 0.8723 Sterling pound 3.1466 3.1892 US dollar 1.6030 1.6110 Local dollars to 100 aahs of fardga curcBcy Austrian schilling 13.83151 words
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Article41 1992-08-25 31 Duration Title Venue Organiser Td Duration Title Venue Organiser Tel Sep* 12-29 International Turin, Italy Torino *****369 Sept 21-25 International Utrecht, Koninldijke *****55 91 Caravan A Caravan Eipotizionio Trade Show Netherlands Nederlandae Equipment Intensive Animal Jaarbeuri Exhibition Production41 words
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Page 31 Advertisements
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Advertisement38 1992-08-25 31 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. Wa knew Europe {tan start to Finnish38 words
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Advertisement6 1992-08-25 31 Innovation Technology in BT every Tuesday6 words
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Advertisement260 1992-08-25 31 ynn^usmos Toll free Tel No: 737 0043 Fax No: 734 3608 IN THE MATTER OF THE COMPANIES ACT CAP.SO, AND M THE MATTER OF FELS SES INVEST PTE LTD, M VOLUNTARY LIQUIDATION, MEMBERS' WMDMG UP. At an Extraordnary Geo oral Mooting of tho members of FELS SES Invest Pte Lid260 words
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Advertisement282 1992-08-25 31 THE COMPANIES ACT, CAP SO OOH CHBOW THIONO HOUXNOS PTB LTD (la Hnbar Vofoatary Lsqaidatna) Al Aa Ei traordtaary Oaaaral Maetiaf of the Coapaay bald al 1 Colombo Coart, #0« n, Singapore 0617 oa 21M Aarusi 1992 the following Spec >al Reaolatnae vara paaaad 1. Thai the Coapaay be voaad-ap282 words
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Advertisement298 1992-08-25 31 THE COMPANIES ACT, CAP. SS JSCT AIOO PTE LTD (hll|MN At a mi JDTTACO PTB LTD My corawd md toid on to 19* d* at AafM. 1992 SPECIAL RESOLUTION Ihi Ccmjmf to w—d ap oiriZlr j fT."ao. cC 30m? 1* We. So* Tfa* to fpokmd to Liqudrtor sf to Ccnqvy298 words
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Advertisement188 1992-08-25 31 HEXA-BUILT BUILDERS PTE LTD (Incorporated In Ike Republic of Singapore) MEMBERS' VOLUNTARY WINDING UP NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that a Final General Meeting of the Company will be held on 28th September 1992 at 11.00 a.m. at 9 Battery Road *13-10, Straits Trading Building. Singapore 0104188 words
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Page 31 Miscellaneous
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Miscellaneous236 1992-08-25 31 owners (5,4) 10 Mum loves messing about LJ— I«J—Li* 11 The fish is one brought in from abroad (7) and make more changes 17 The free time in general is —Pl—Pr-fl-fl 23 Give an example of how one batsman differs from 25 Now, lined up, are given a 26 Not236 words
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Miscellaneous164 1992-08-25 31 Singapore Outlook: Showers over many areas in the anrnteg. Report Maximum temperature 29.9 Assoc humidity 68% Minimum temperature 22.9 Assoc humidity 98% Hours of sunshine 1.80 Rainfall in mm 8.0 Rainfall this month 74.5 Rainy days this month 8 JJ ,i n, t wono report Asia-Pacific Hi/Lo* Cood. Auckland 13/06164 words
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Miscellaneous15 1992-08-25 31 '•'ftWlKai'iTg'' s SuJITcM TO PiUToropiTiC PIUOT. HCRe U>£ GO *G»N... BM6A camooatw Nw*nim.ra, iwa iw15 words
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469 1992-08-25 32 Pact deepens isolation of North Korea Reuter BEIJING China and South Korea established diplomatic relations yesterday after four decades of hostility, breaking down one of Asia's last Cold War barriers. Chinese Foreign Minister Qian Qichen and his South Korean counterpart Lee Sang-ock signedReuter - 469 words
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213 1992-08-25 32 Reuter LONDON European Community foreign ministers will visit South Africa on Sep 2-3 in a bid to encourage the resumption of peace talks there, the EC said in a statement yesterday. The foreign ministers of Portugal, Britain and Denmark the past, presentReuter - 213 words
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392 1992-08-25 32 Reuter WASHINGTON Arabs and Israelis resume Middle East peace talks yesterday hoping that last month's change of government in Israel will produce a breakthrough towards a just and lasting settlement. Israel's chief negotiator Elyakim Rubinstein said on arrival in WashingtonReuter - 392 words
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180 1992-08-25 32 Reuter TAIPEI Taiwan will encourage its businessmen to boost trade and investment in Mcxico to take advantage of the North American Free Trade Agreement, a senior trade official said yesterday. The regional free trade pact announced by the US, Mexico and Canada thisReuter - 180 words
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291 1992-08-25 32 Reuter ABU DHABI The US aircraft carrier Independence headed up the Gulf on Sunday ready to help enforce the ban on Iraqi warp lanes flying over the marshland refuge of Shi'ite Moslems. In Kuwait, the US military said it wouldReuter - 291 words
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Article, Illustration723 1992-08-25 32 PATRICK DANIEL; PATRICK DANIEL - The Bottom Line PATRICK DANIEL PATRICK DANIEL The writer is BT's Editor This was adapted from a comment which appeared in the August issue of Singapore Business IF THE STUDY of economics could somehow be re-invented, its introductory textbooks could do with a clearer723 words
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Article, Illustration333 1992-08-25 32 Reuter, AFP, NYT MIAMI Hurricane Andrew slammed south Florida yesterday, tearing roofs off homes and causing damage that could make it the most destructive storm in the United States this century. The hurricane uprooted trees, ripped off roofs and toppled powerlines with winds thatReuter,; AFP,; NYT - 333 words
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184 1992-08-25 32 Reuter, AFP PHNOM PENH The Phnom Penh government yesterday proposed that Cambodia hold a presidential election to anoint Prince Norodom Sihanouk as head of state. "The successful election by the Cambodian parties and the Cambodian people of their national leader would constitute a bigReuter,; AFP - 184 words
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Page 32 Advertisements
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Advertisement122 1992-08-25 32 Singapore's most popular Nitsukof*3 I Key Telephone System V J -y^H E^^B?" xZJ^M '*2sBiß.^H Available Exclusively: SNGAfOK: Burberry* Main Shop: #8101/02 Palais Renaissance Shopping Arcade. 390 Orchard Road. Singapore 0923 Tel *****13 Burberry* Shop-In-Sbop: MALLETS DAIMARU SOGO AuboHicd Dealers: THE HOUR GLASS Centrepoint, Lucky Plaza, Scons. Peninsula, Palais Renaissance. Changi122 words
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Advertisement26 1992-08-25 32 The ball is now in Pyongyang's court, Pg 11 Focus, Pg 16: Chance for real progress; A question of who suffered what and how much more26 words
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Advertisement15 1992-08-25 32 SINGAPORE COMM Distributor of the most sought after Key Telephone System V Tel: 278 708815 words
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Shipping Times
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558 1992-08-25 33 Rahita Elias - Demerit points for errant drivers will start on Oct 1 By Rahita Elias SINGAPORE The Port of Singapore Authority (PSA) is further boosting safety in port waters by implementing a new penalty system on drivers of pleasure and harbour craft, similar to558 words
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428 1992-08-25 33 BANGKOK The ambiguous bidding terms of reference (TOR) for the privatisation of national carrier Thai Maritime Navigation Co (TMN) have created doubts for the shipping industry in Thailand and abroad. According to The Nation, the bidding conditions were only made known when428 words
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324 1992-08-25 33 UPI TOKYO A Japanese-reg-istered cargo ship departed on Monday for France to bring back one ton of highly toxic plutonium in a controversial round-the-world voyage that has ignited protests from environmentalists and concerned countries along the route. "Stop plutonium now," read a banner hoisted byUPI - 324 words
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890 1992-08-25 33 Page Col ABC Containeriine 12 1 Accord Group 8 1-3 APL 5 3-5 Arrow Inter 9 2 ASCL 5 9 Alpha Feeders 6 I ANL 3 1/2 Bait Canada Line 7 4/5 Bait Orient Line 7 4/5 Bank Line, The 9 5 Batamindo890 words
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Article, Illustration302 1992-08-25 33 Juliette Walker - By Juliette Walker SINGAPORE Singapore will now be able to locate distressed aircraft or ships within a few hours using a new $3.1 million SatelliteAided Search and Rescue System. The long-awaited system will help authorities home-in on distress signals transmittedSource: CM Aviation Authority on Singapore - 302 words
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LOG BOOK
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Article87 1992-08-25 34 HONGKONG A fire broke out on Friday in an engine of a Chinese jetliner carrying 280 passengers as it was about to take off from Hongkong's airport for Beijing, airport officials said. No passengers were hurt. The officials said the small fire was87 words
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110 1992-08-25 34 ABERDEEN, Scotland Twenty-two crew members of a cargo vessel were winched to safety by two rescue helicopters on Saturday night after their ship ran aground off the Scottish coast in heavy seas, the coast guard said on Sunday. The 2,800-ton Sea Reefer sent out110 words
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72 1992-08-25 34 JAKARTA Bandung-based aircraft manufacturer Industri Pesawat Terbang Nusantara (IPTN) plans a maiden flight for its 60-seater N-250 in 1995, press reports said here on Saturday. The Media Indonesia daily quoted Research and Technology Minister Bacharudin Habibie, who heads the plant, as saying that after72 words
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Article127 1992-08-25 34 JAKARTA The body of a Filipino man who was reported missing during a ship accident that claimed five lives was found floating near Tanjung Perak harbour in Surabaya, the Antara news agency said here on Sunday. He was one of six Filipino crew members of127 words
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Article117 1992-08-25 34 LA PAZ Twelve people died when a cargo plane crashed into a mountain not far from the Bolivian capital, civil aviation authorities said on Sunday. The plane had left the Amazon town of Santa Ana del Yacuma on Saturday with nine passengers, three crew117 words
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Article, Illustration1177 1992-08-25 34 David Mott - Last week, Sir Freddie Laker, the man whose Skytrain venture shook the aviation industry to its roots more than a decade ago, was in London to implant the idea that his days as a trans-Atlantic operator may not yet be over. David Mott was among those invitedLloyd's List - 1,177 words
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Article332 1992-08-25 34 THE DRY cargo freight market was sluggish on Friday with most freights hovering around the last-done mark, brokers reported. US Gulf/Japan was fixed at static levels of US$l9 and U5519.25 with one combo. Both fixtures were for late September. The BFI was unchanged at 1,081, showing minor realignments332 words
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Article7921 1992-08-25 42 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 after7,921 words
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Article3286 1992-08-25 47 Containerline NV: Bclsin Shpg Agencies Pte Ltd (SVMarinc Handling Sdn Bhd(Pk/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel I Jner Senice: kim Shpg Trdg (S). Albums Sea-Air Sen ice: Frata Shpg Pte Ltd (S).3,286 words
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Article261 1992-08-25 47 Abacus C ouriers Tel: 545-8011. Fax: *****98. Air Express Travel 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. Citv-I.ink International Tel: 344-3377. Fax: *****50. Cluster l.ink Supplies Senices261 words
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Article1482 1992-08-25 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05. Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74. *****50. Air1,482 words
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Article3555 1992-08-25 48 ALBANIA Durres: Five vessels operating in port of which 1 discharging flour. 2 discharging wheat. 1 discharging beer, 1 loading melons. ARGENTINA Labour working normally. Buenos Aires: Some congestion still waiting for general cargo berths will have approximately 2 days delay berths San Four vessels loading by-products; 23,555 words
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Article553 1992-08-25 48 ARRIVALS DEPARTURES Op Flight Type ETA T From Op Flight Type ETD T To TODAY TODAY NCA KZ203 B747F 0145 1 NRT SIA SQ802 B747F 0230 2 SYD/AKL KAL KE697 B747F 0150 I SEL NCA KZ204 B747F 0335 1 BKK/NRT JAL JL6I7 B747F 0345 1 TYO KAL553 words
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Article252 1992-08-25 48 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Pep Name of Vessel ETA L I U Ports of Calls Port Agent Telephone No AUGUST 25 25 Fantasy World 0900 1800 Sin-Jakarta Sembawang Johnson Mgt 227-8284 26 26 Royal Pacific 1300 1930 Port Klang Ocean Trade Chartering 299-0366 28 28 Royal Pacific 1300252 words
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Article708 1992-08-25 48 SHIP SALES TANKER RATES VESSELS ON OFFER Bulk Carriers Continental Reliance: 65,224 dwt and built June 1983 Hyundai, on best outright offers. Aegean Dolphin: 64,583 dwt and built July 1983 IHI; inspectable Chiba promptly, on offer in the region of USsl6m. Apollo Ace: 25,525 dwt and built May 1985 Imabari,708 words
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SHIPS IN PORT
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Article634 1992-08-25 49 V«smI fey No Bwtti Arrival Departwe toll fey Wo Bwth Arrwal Departit Marina Terminal 1 Semtoawang Terminal Batam Baru B173 M03 atoi*srfe 24.08/2300 S 01 alongside 2608/0830 Batam Maiu *****2 M04 alongside 2508/0500 Cleveland *****2 S07 alongside 20 09/0730 Batam Murm *****2 M05 alongside 25 08/2300 W634 words
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Article128 1992-08-25 49 jonor« ron Berth: 1: Johan; 2: Ptwong Hong; 3: Yan An Wu Hao; 4: Anglo Orion; 5: Birkness; 6: Kota Machan. 01 jetty: Stott Spray. DC* ml. Duo on Aug 24: New Avante, Ribuan Jaya, Petego Iso, Ping Jiang, Singapore Bridge, Aries. Due on Aug 25: Shwkaze,128 words
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Article1282 1992-08-25 49 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Contanen iviftaUe 9j> Voy Wa Cantaiwrc gwMfc PerareUar B 0581 23.0892 0700 Thuermgen EM226 COO(EST) 2408.92 1500 0c Bless** 125WA 23.08.92 0703 Sea Gkxy SGY33N COO(EST) 24.08.92 1500 Aka Bhum 86A 23 0892 0905 Han Bhum 61S COO(EST)1,282 words
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Article756 1992-08-25 50 Sept 6-18: Seatradc Academy's Anatomy of Shipping, organised by'Seatrade. The event will take place at Selwyn College Cambridge, England. Sept 15-16: Asia-Pacific Digital Mobile Communications, organised by IBC Technical Services Limited at The Mandarin Singapore. For further details please contact IBC Techniqal Services at tel: 732-1970 or fa*:756 words
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347 1992-08-25 52 Vehicles will be used to transport NAM delegates JAKARTA The Ministry of Transportation has spent 42.5 billion rupiah (5542.5 million) on new buses and train carriages for the NonAligned Movement (NAM) Summit, says minister Azwar Anas. "The new buses and trains will347 words
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167 1992-08-25 52 Bernama PANTAI REMIS Telekom Malaysia is working on a programme to ensure that 30 per cent of the country's rural areas have telecommunication infrastructure facilities by the end of next year. Energy, Telecommunications and Post Minister Datuk S Samy Vellu said the programme wasBernama - 167 words
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232 1992-08-25 52 NYT NEW YORK Negotiations to reorganise Trans World Airlines continued on Sunday, as the airline's pilots studied a response from TWA's creditors to a proposal submitted by their union on Saturday. A spokesman Cor the TWA branch of the Air Line Pilots Association said thatNYT - 232 words
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Article, Illustration337 1992-08-25 52 AFP NEW DELHI Calcutta's administration has decided to phase out the city's 119-year-old slow-moving tram system in what the Press Trust of India (PTI) on Sunday described as "slow euthanasia". The Calcutta Tramways Company (CTQ, which runs 225 of the lumbering relicsAFP - 337 words
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483 1992-08-25 52 Reuter HONGKONG Hongkong's Cathay Pacific Airways will show stronger profits this year but it still has not recovered completely because of cut throat price wars and an economic recession, analysts said. They expect the airline to announce a 1992 interim net profit ofReuter - 483 words
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666 1992-08-25 52 America West survives by cutting back its staff, planes and founder NYT PHOENIX, Arizona In the logo of America West Airlines, the stylised initials suggest a lovely burgundy sun flying over mountain peaks. But for the present at least, a more appropriate symbol might be the creosote bush, a desertNYT - 666 words
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Page 33 Advertisements
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Advertisement14 1992-08-25 33 LiMS and MrvlcM r«pr*Mnt*d by ggfc) For advertising enquiries, contact Shipping Times: Tel 740-2089/740-209014 words
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Advertisement101 1992-08-25 33 Sky high optimist with Freddie Laker, Pg 2 V i? nhtei MP"V 4 JIV K• ak. *1 t_£ i?s Mfe- c° v P i> lW ■I}'. -.< -Qjf At Malaysia Airlines, we go a long way to the 8747-400 Combi, to new destinations like w j satisfy your cargo needs.101 words
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Advertisement10 1992-08-25 33 }"!)}+/@,("{=?<=]>/^+&$]$&[-<?> Jakarta spends 42.5b rupiah on new buses, trains, Pg 2010 words
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Page 34 Advertisements
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Advertisement92 1992-08-25 34 It could be a controversial deal between two stock J market stars, a thought-provoking report by university researchers on the latest trans-European FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section of Business92 words
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Page 35 Advertisements
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Advertisement2776 1992-08-25 35 H OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES TEL: *****11 FAX: *****09 HUIUw BOOKINGS TEL: *****34 *****58 ■lIWIW TERMINAL/CFS TEL: *****18 220 P DQQQfI H PESAKA JARDINE SHIPPING AGENCIEB SDN. BHD. L VftAf J PORT KELANG TEL: *****18 FAX: *****91 *****88 i .—7Z —T— PENANG TEL: *****4 FAX *****1 CFS2,776 words
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Advertisement1117 1992-08-25 35 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT g t==s flfin/^ij ik I If mm A I I V IVSI/VOY ~SX WYC BAL OKf S*V| At Sil7 ?1/M 24 W M/to 77/81 M/W I wsi.l tt/H M/ll 17/11 «/M M/ll ,UMW1,117 words
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Advertisement1496 1992-08-25 35 ■nimaina THREE SAILINGS TO HONG KONG LUNA MAERSK V.9210 ETA SIN 31/8/92 MARGRETHE MAERSK V.9208 ETA SIN 1/9/92 LOUIS MAERSK V.9209 ETA SIN 3/9/92 Vessel Voy ETA ETO Feeder by DESTINATIONS Leerort/Arte* This week MagteCy Maersk 9208 tI!gaWTIW!WTC¥aWT^IWBWBITIIIWPH I 27/8 0300 HR& CPS 26/8 1900 MRS JOM LPK PEN O1,496 words
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Page 36 Advertisements
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Advertisement1382 1992-08-25 36 TpFoamT] [mim VOY NO S PORE JEDDAH S HAMTON H BURG ANT LE HARVE HUmAU KAMAKURA 24/134 27/8 5/9 19/9 15/9 14/9 1. Mi WCSTBOW® KAGA 25/334 30/8 16/9 18/9 21/9 22/9 K»T UMNS ft TOKK) EXPRESS 07/135 3/9 12/9 26/9 22/9 21/9 CARGO TO UK/CONTMDIT LEVERKUSEN EXPRESS 08/335 6/91,382 words
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Advertisement422 1992-08-25 36 ocwrans] AGENCIES (FAR EAST) LTD NOUAKCHOTT-B AN JUL-BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE NEPTUNE 28/08 VILLE DE TIT ANA 04/09 ORIENTAL KNIGHT 12/09 Also: CASABLANCA-ALGIERS-TUNIS-TRIPOLI/BENGHAZI AND ALL INLAND DESTINATIONS INDIAN OCEAN AND SOUTH AFRICA REGULAR SEMI-CONTAINER SERVICE vessel spore wa loaoqog for TBN 00/09 09/09 DtCT SERVICE COtOMBO MAX422 words
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Advertisement1519 1992-08-25 36 UN regular independent full container service VSL/VOY SIN ALG BCL* HAM BRE# ROT ANT# FEL LMA f CHWA SEA 226W 30/08 21/09 23/09 25/09 26/09 27/09 28/09 29/99 30/09 NO6ASIA AL MUNTAZAH 9227-3 07/09 29/09 30/09 02/10 03/10 04/10 05/10 06/10 07/10 I NORASIA SAMANTHA 9228-3 14/09 07/10 08/10 11/101,519 words
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Page 37 Advertisements
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Advertisement2189 1992-08-25 37 B STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 C C 2™ SAtS SPOftE B'NOK STUAITS SI/W Vl2t Muaii. Lab. KK 24-25 *u| 26 Auf 26 Au( MARION V 019S/020K 30-31 MJG 02-03 S£f KRIS kCRUM VO6l Mu«u. lab. KK 262,189 words
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Advertisement2630 1992-08-25 37 m SINGAPORE AGENT: P4O Containers (Singapore Agencies) Pte Ltd X ULV/ Vjlll II dlllCi a 10 Hoe Chiang Road #07-01 KEPPEL TOWERS. SINGAPORE 0208 Tel: 225 2233 Telex RS ***** PNOCSP Fax: 225 5327/222 7517 V CR Number: **********0Z EXPORT IMPORT VESSEL *0* pPNO "PKQ SM ALG SOU ANT ROT2,630 words
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Page 38 Advertisements
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Advertisement639 1992-08-25 38 CR NBR **********0-0 EXPRESS SEMI CONTAINERSHIP SERVICES TO EUROPE VSI/VOY STORE ROAM ADAM H'BURG BREME/4 ANTWERP SSIWUA VA, 3SMB 17/J 20/10 2C/10 30/10 4/11 KUTAI26WB 6/10 J/11 15/11 20/11 23/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct lo Inducement Alto accepting cargo to Caeablanca, Port Said, Port Alexandria, Genoa, Trieste.639 words
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Advertisement1585 1992-08-25 38 HANJIN SHIPPING FOB Wl 5 LM HAUL 1(8 OM FDR VSI 9N IIM HAUL SAV IN RTC HANJIN HAMBURG 01 IE JO 8 URECT 70/9 23 9 HANJM KUNSAN 078E 318 M EUROPE 0031 8/10 9/10 11/10 HANJIN ELIZABETH 005E 6 9 OMCT 2/ 9 30 9 FISHGUARD BAT 210N1,585 words
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Advertisement1214 1992-08-25 38 f iH-H r RT f K I I ami K W I?. Mt PUS Ml OS* NCT *tu TTO LAI CMS BAL NTC LM ANN ROM TIT lOC fSC CM NL W I I »rt mi *V! H'l i' 2 ~7 1/1 U/» U/9 14/9 25/9 7/10 9/10 10'10 201,214 words
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Page 39 Advertisements
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Advertisement1425 1992-08-25 39 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 mm mm FAR EAST SERVICE *****00 IMPORT CFS -F9 *****69/*****96 hmC uk/europe service htoll-free) export cfs -F9 :*****53/*****50 aust/india/pak service r NEPLINE SDN BHD MALAYSIA NEPTUNELINK1,425 words
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Advertisement544 1992-08-25 39 YOUR KIMBLE FREIGHT FORWARDER n Mmm customer service: smstit fax: 2227 m \MAM UNE: 222 0255 AIRFREIGHT: 545 4255 Penang ETD 31/08 Kaohsiung ETD 29/08 Pt Kelang ETD 29/08 Busan/Hong Kong ETD 31/08 Bangkok ETD 02/09 Japan ETD 30/08 Jakarta ETD 30/08 Madras ETD 30/08 Manila ETD 28/08 Colombo ETD544 words
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Advertisement1090 1992-08-25 39 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 iOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUP—OCCHMQNC NESTBOHO-lOMN6 TRANSHWtD ft HOTTEKDAM ww I—J> dot law1,090 words
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Page 40 Advertisements
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Advertisement1542 1992-08-25 40 AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CH *0: **********0*) I W W TEL: *****77 TELEX: KAWAKI R*****5 FAX: *****07/8/9 I mm M Malaysia: "K" line maritime (Malaysia) sdn bhd JL HL JL X Mm* TEL: SA *****00 PK *****75 PENANG *****0 JB *****1. KAWASAKI KISEN KAISHA, LTD Indonesia: p.t. sarana1,542 words
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Advertisement1161 1992-08-25 40 PHIU-OMCNT UN€S PT€ LTD 108 Robinson Road #07-00 GMG Building Singapore 0106 Tel: *****22/*****69/*****00 Telex: R*****0 FAX: *****76/*****38 BY AIR, LAND OR SEA.... m we on the world for you MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATIQf^^_^^ 28 AUG SYDNEY. MELBOURNE, BRISBANE. FREMANTLE A o, C o 26 AUG AUCKLAND. WELLINGTON.1,161 words
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Page 41 Advertisements
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Advertisement1930 1992-08-25 41 SgSgPIl PACIFIC INTERNATIONAL LINES (PTE) LTD B 0 140 Cecil Street, #03-00 PIL Building. Singapore 0106. Tel: *****33 CR NO: **********0E I JAKARTA I I IWKttQK I «»SEL VOY SM JKT SIN KSR33N 28/8 20/0 EQUATOR HAWK 58N JO/I 2/0 5/0 eSTEBRUQOE 24N 28/9 1/f t/t KOTA MOAH 351 30/81,930 words
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Advertisement864 1992-08-25 41 express container service to UK-north com inent-scanpinavia WEEKLY p P GUOANG PENANG PKELANG OCEAN VSL/VOY SIN SOU(I) RTM (2) HAM (3) GOT (4) *21/5 21/8 22/8 JUTLANOtA 2332 25/ i 11/9 13/9 14/9 16/9 E IsTi 28/8 29/8 SELANOIA 2342 1/9 18/9 20/9 21/9 23/9 D 4/9 4/9 5/9 BENALOER864 words
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Advertisement228 1992-08-25 41 NIGERIAN NATIONAL SHIPPING LINE fftiPL NIGERIA EXPRESS SERVICE RIVER MAJE VJO SINGAPORE 28 Sop ETA Lagos 20 Oct Port Harcourt 26 Oct Cslsbsi 90 Oct ACCEPTING B/BULK AMD CONTAINERS °BSA° TRANSPORTATION M MYANMA WBmk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'porc P.Klj Pen PGdf MA *116*228 words
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Advertisement2686 1992-08-25 44 OCS Full Container Liner Services Mildysid's Agents: Indonesia's Agents: Bonom Agents: Booking Agents. Buen Guan Shaping Sdn Bhd Chung Chloo Stopping Sdn Hid P.T. Ooktl Pott Horn* Berth* Cost* Shipping Pte Ltd cmm s+ «m 58 Persiaran Raja Muda Musa 29-A Jalan Kovil HMr Jl IR H Juanda HI/14 22,686 words
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Advertisement245 1992-08-25 44 SAMUDBU MNMESU (S) PTE LTD 15 McCALLUM STREET #03-01/02 NATWEST CENTRE Wiwgnof 0106 Tatax: R*****0 Tel: 222*2*1-3 Fit 22S 4839. 227*136 FOR SOOKMQS CALL MRECT UNE TEL: *****41/*****43 SM/JAK SERVICE VESSEL VOY SIN JAK LAWANTI 974 26/06 (WED) 29/06 (SAT) DERAJAT 996 26AM (WED) 29/06 (SAT) MERKUR DELTA 937 IN245 words
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Page 45 Advertisements
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Advertisement682 1992-08-25 45 fit FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 HOT LINE: *****33 (24 LINES) LIMASSOL/PIREAUS 26/8 ROTTERDAM 26/8 HAIFA/ASHDOO/ALEXANDRIA 26/8 HAMBURG/BREMEN 26/8 MARSEILLE/FRANCE 26/8 FELIXSTOWE/UK 26/8 BARCELONA/SPAIN 26/8 LEHAVRE/ANTWERP 26/8 GENOA/ITALY 26/8 GOTHENBURG/SCANDINAVIA 26/8 LOS ANGELES/WC/IPI 26/8 SYDNEY/MELBOURNE 4/9 NEW YORK/EC 26/8 FREMANTLE/ADELAIDE 27/8 VANCOUVER 26/8 BRISBANE682 words
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Advertisement805 1992-08-25 45 133 RICHFIELD MARINE AGENCIES (S) PTE LTD £1 TEL: *****33 (12 Lines) =l FAX: *****15/*****03 |FH| TELEX: RS ***** RISHIP (3 Line*) \®L) ETHIOPIAN SNIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA I LOADING fOfl SPORE ABYOT 2WB 04/09 OARESSAIAAM. MOMBASA OfIBOUTI ASSAB MASSAWA ANOtMET805 words
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Advertisement770 1992-08-25 45 JAKARTA BANGKOK wa w m ki \ntrn. [wr vmmm tmrnm l| mm BHUM 155$ nm 29/01 VWA BHUM 19W Iu» 25/01 fri 21/04 BEHiA BHUM 41S 29/04 01/09 MAHA BHUM# 121N Mon 24/04 Tlw 27/01 WANA BHUM 154S 02/09 05/09 IAHU BHUM 39N fri 24/01 Mwi 31/04 BEHIA BHUM 42S770 words
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Advertisement1563 1992-08-25 46 HHNlmac-nels groupage I IV/V jPENANG: (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 w N P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PEN PK SIN 26/8 27/8 28/8 Hong Kong Ldn/Fh/Rdm/Ant 28/8 29/8 30/8 30/8 31/8 1/9 Hong Kong Gborg/C'hagen/Shokn/thlo 30/81,563 words
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Advertisement302 1992-08-25 46 AG* BLUE STAR LINE SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SJN AKL LVT SJH AUST STAR 0526 2S/8 7/S 9/9 26/9 PROSPECT 20S 6/9 11/9 20/9 6/10 N2 STAR 0528 15/9 27/9 29/9 15/10 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.302 words
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Advertisement1138 1992-08-25 46 (THONG SOON UNES PTE. LTD.) 77 ROBMSON ROAD #15-00, #16-00 SIA BUIWNG SINGAPORE 0106 TEL: ***** M FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I MIMWTIWAL/MIffAWIR I COHTAWCT WWCM H SINGAPORE TO SARAWAK BINOAPOBE TO WEST MALAYSIA VESSEL TVQT IS POIE IPEST VESSEL VBT1,138 words
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Advertisement137 1992-08-25 48 UP. LIVING II EACH WEEKEND, put up your executive feet, and let us shuffle through your imagination. We usually tread lightly, but even when we don't, youll know you're alive after that exciting, exacting or simply emaciating week of work. So don't throw in the high-flying towel, or take shots137 words
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Advertisement116 1992-08-25 49 Scalpel...scissors...sutures.- Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. through Business Times. In the same way a surgeon needs his tools to116 words
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Page 49 Miscellaneous
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Miscellaneous453 1992-08-25 49 TIDES AND WEATHER I TODAY'S TIDES (luiflt in metres) HOUH 0000 01M 0200 0300 0400 0500 MOO 0700 MOO 0900 1000 UMI2OO MM *****5001M017M1M0 1900 20M 21M 22M 23M ft 1.3 1.0 0.7 0.6 06 08 1.1 1.5 1.8 2.0 2.0 19 1.7 1.4 12 11 1.3 16 1.9 2.4453 words
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Advertisement679 1992-08-25 50 1 LIAN 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 FULLY CONTAINERISED AND CONVENTIONAL SERVICE TO MYANMAR (YANGON) VESSEL ETA ETD DESTINATION SERVICE679 words
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Advertisement537 1992-08-25 50 cosco UKC CONVENTIONAL fflgg VESSEL PKL PNG P.G LOADING FOR: A VESSEL 28/08 Rotterdam/Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P.G LOADING FOR: TRANS ASEAN 15/08 20/08 Husngpu/Guangzhou COSCO FULL CONTAINER SERVICE* (FCL/FCL) EXPORT TO. CHIN A/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please refer above mentioned537 words
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Advertisement559 1992-08-25 50 800 Australia New Zealand Weekly LCL Consolidation tow CARGOFLO Singapore-Australia f V-——— Fremantle Adelaide Melbourne Sydney Brisbane Singapore-New Zealand v I l Auckland Wellington Lyttleton 1 n V JfJ New Plymouth Napier Chrlstchurrh 1 J Jtrj fsglßeflgl is Tel: *****88 >*4/ mMm Fax: *****83 X MSKH DISTRIPARK PTE LTD 77559 words
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Advertisement695 1992-08-25 51 A HYUNDAI MERCHAWT IVIARIWE CO. LTD. ASIA/EUROPE EXPRESS (AEX) CONTAINER SERVICE MAIDEN VOYAGE HYUNDAI EXPLORER V3OIW CALLING SINGAPORE 30 AUG 92 ETA/ROTTERDAM 18 SEP 92 ETA/HAMBURG 19 SEP 92 ETA/FELIXSTOWE 22 SEP 92 HI: FAX TIX TEL: FAX TLX KUALA LUMPUR 03-*****00 03-******2 MA ***** PASR GUOANG 07-*****1 07 *****5695 words
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Advertisement467 1992-08-25 51 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS rtssu kit w n IK u AAEMA 17 SID n MM KIM 14 21/1 SMtJU IS I/I SHMA I I TIMS ATI 4) l/l 1/1 U/| casac mastu u ii/i u/i caurw TitHi 21 n/i is i COSIIC CNALLLKEI467 words
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Advertisement912 1992-08-25 51 our usa SERVICE CALLS L*T*" I*" l m I"*** l !*»> iu |o« Tm lot io«/ i«« i«w~l SINGAPORE w» ca DIRECT EVERY ,m nm ituu nun hvw ii/w k m u/n uIT n/w iiJS wii u/enKiccn AV M. MBBMI 7 ram bai/w I>7w nTiT nJn ?vw nm "CUNEBUAT amm,m912 words
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Advertisement125 1992-08-25 51 BINTANG MAS SHIPPING PTE. LTD. 39 NEIL ROAD SMGAPOftE 0208 TEL: *****88 TLX: R*****5 SINMER FAX: *****64 V accepts ran OF CARGO STOW DESTMTXMS MERCURY PEARt VICE 24-25 Auf 25-26 Auf Muari. Ltfaun BMTANG BEL/UT VISE 27-21 Auf 29-30 Au| BMriu. Mri. NMat MERCURY iAOE VISE 28-29 Aut 30-31 Auf125 words
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Advertisement128 1992-08-25 52 INVESTMENT Every Saturday in Business Times A "1 fc v -%£*<■ f p' I Hpjt :>,v< y -vV,,..';:: > vr- ~>-r 'v i -v- >v lv 1 v. v ■*>, i lk£> '-v -x' -r* 's s .j L K ■L i rapIIMMMHS^aggaraMMKMMIHHHSMSraaBMBKam^ p|&|p|lltg||ilil£spj^ sjE{»gjp«B|Ba|BßjM|BlßKfiaißBM^ SOME OF OUR TOP TALENTS128 words
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Advertisement62 1992-08-25 52 Every Saturday i Business Times NOTICE M.V. ESTE FRESCO VOY.I ARRD 14TH AUGUST 1992 Consignees of all damaged cargoes ex the captioned vessel is hereby notified that a general survey will be held oo the ttlii Auguri IM2 0900-1200 hours at PTIO. No further survey will be entertained thereafter. As62 words
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