The Business Times, 5 January 1993
1993-01-05
1
48
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The Business Times
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Title Section14 1993-01-05 1 SINGAPORE Business Times mii in "2/i2/*: Tuesday, January 5, 1993 WE KNOW ASIA 15'14 words
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2am LATEST
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62 1993-01-05 1 IXIOPAKIIOI A. Hjnjtlaikxh Police veslcrdav fired hiil kis al lens of ih«Hisands t»f Muslim radicals who tried lo storm the border Mith India, killing at least five people and injuring more than l(X). The Muslims wanted to march to the northern Indian town of62 words
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71 1993-01-05 1 WASHINGTON US construction spending rose 2.1 per cent in November to U*****.8 billion, the highest level in more than two years, the government said yesterday. It was the third straight increase and pushed spending to its highest level since it reached $443.3 billion in August71 words
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Article, Illustration115 1993-01-05 1 Stock market indices Monday hange ST1I 1,531.11 +6.71 KLSE Composite 632.83 -11.13 Nikkei 16.994.08 +69.13 Hang Seng 5.437.80 -74.59 SET Index 887 17 -6.25 Jakarta Composite ...273.58 -0.75 CLSA China B 1.073 19 4 3 57 Aust AH Od 1.560 5 +10.6 FTSE 100 2,861.5 -15.0 Monday noon115 words
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Article, Illustration544 1993-01-05 1 Schutz Lee - Dr Goh Keng Swee among directors of new company By Schutz Lee SINGAPORE Keppel Corporation. the Sembawang group. DBS Bank and United Overseas Bank have formed a new company to explore China's vast property market. The four diversified groups are544 words
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464 1993-01-05 1 AFP Reuter HONGKONG Premier Li Peng paid a landmark visit to booming south China's Shenzhen stock exchange after Beijing announced a big expansion of the nation's share trading experiment, the official Xinhua news agency has said. Mr Li, the city's highest levelAFP; Reuter - 464 words
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144 1993-01-05 1 UPI TOKYO Prime Minister Kiichi Miyazawa said yesterday that he will propose cooperating with members of the Association of South-east Asian nations to help reconstruct the Indochincse peninsula and Cambodia. Mr Miyazawa paid an annual visit to the Ise Grand Shrine in southernUPI - 144 words
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Article, Illustration443 1993-01-05 1 Andrew Cooke - From Andrew Cooke in BANGKOK THE Chuan Leekpai government will spend its 100 th day in office this week enduring a barrage of criticism of its performance thus far. It is not what the government has done which is coming under fire, but rather443 words
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Article256 1993-01-05 1 BY THE year 2000, Business Times aims to be Asia's leading business daily. And we want to live up to our new motto which appears on our masthead today: We know Asia. Today, we've taken a major step in achieving this mission. We've introduced256 words
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Article227 1993-01-05 1 Up to four Region pages daily, starting from Page 3, to reflect our commitment to regional coverage. We will have more reports from our own staff specialising on the region. •An expanded Companies and Finance section, which now comes as a convenient pullout. Turn227 words
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Article431 1993-01-05 1 Lilian Ang - By Lilian Ang SINGAPORE The residential property market eased in the last three months of 1992, with Ccntral Provident Fund figures showing a drop in December housing loan applications. But for the full year 1992, home buyers put in close to 12,000 loan applications up about 20431 words
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Page 1 Advertisements
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Advertisement155 1993-01-05 1 1993 I T#v lin'iiMf CONTENTS News 2 SpweSrso*. 9.10 Regional News 3-5 Region tntl 12 Wortd News 7.8 Features Markets Analysis 27 Clob/KlSt. SIS .19, 20 [Atonal 26 feswul 17 Property 25 World 17 Sports 21 Currencies 16 TV/litetyle/Travel 22 Sunex Commodities 16 Subscription Tel 180&/*****7 Fax *****75 BT Editorial155 words
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Advertisement17 1993-01-05 1 Mi M I he Bottom Fine: Chuan leekpai should stop being such a nice guy. Back Pg17 words
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Advertisement33 1993-01-05 1 jjS a/lter Boutique/ SINGAPORE Palais Renaissance, #01 -03. 390 Orchard Road Tel: *****93 Hilton International, #01 -04. The Shopptng Gallery. 581 Orchard Road Tel: *****95 Lucky Plaza, #01-36, 304 Orchard Road Tel: *****2733 words
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Advertisement19 1993-01-05 1 WcJwtg Yiw The Brightest Picture In 1993 Nikon We Take The World's Greatest Pictures I I See Page 2519 words
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SINGAPORE NEWS
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Article, Illustration336 1993-01-05 2 Anna Teo - JOBS By Anna Teo "ONE CAN roughly feel the pulse of the economy, or at least the job climate, just by putting the Classifieds and Appointments ads on one's palm," hcadhuntcr Eddie Sung quips. "Sometimes it's very thin, sometimes voluminous!" While executive search carried out bySource: ST Appointments/Notices - 336 words
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Article, Illustration590 1993-01-05 2 Anna Teo - Headhur.ters see strong demand spilling into this quarter By Anna Teo DEMAND for senior executives picked up strongly in the final quarter of 1992 and looks set to stay firm in the current quarter, hcadhunters say. Just a few months earlier, employers590 words
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221 1993-01-05 2 KAMPUCHEA Airlines, Cambodia's national carrier, will soon offer scheduled flights to Singapore and Kuala Lumpur. The inaugural flight to Singapore will leave Phnom Penh on Jan 13, and two days after that to Kuala Lumpur. The airline will then fly three times a221 words
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512 1993-01-05 2 Conrad Raj - By Conrad Raj THE corruption trial of Amcol Holdings' largest shareholder. Kang Hwi Wah. began yesterday a ycar-and-a-half after he was first chargcd by the Commercial Affairs Department. Kang. 55, who has a near 17 per cent stake in Amcol, is accused of512 words
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Article, Illustration347 1993-01-05 2 Investment made despite loss posted by PC maker's US parent Wearnes US-BASED PC maker Advanced Logic Research Inc has pumped US$4 million (556.6 million) into its Singapore subsidiary just three months after the parent reported the first loss in its history. The US347 words
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Page 2 Advertisements
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Advertisement264 1993-01-05 2 Capture your precious moments The exclusive timepiece with genuine gemstone dial. Ideal to own or to present the perfect corporate gift. 7 King Cheng Road Tel: *****97 F« *****88 The Straits Times Weekly Overseas Edition HOME BROUGHT CLOSER "M cTm SINGAPORE XviVll 1 H INSTITUTE of UNIVERSITY MANAGEMENT from the264 words
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Advertisement57 1993-01-05 2 NEWSPAPERS MAGAZINES AVAILABLE OUTLETS Benta Han an, Berita Minggu. SNn ftlki Dally News on the sama day! liagazin** GO. Her World. Young V Parents. Sngapore Business. Home Decor, 8 Days. RTV (C). Vv'^ X The New Mag p or nnauiries on availability or subscription, please call the SPH Customer Relations57 words
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Advertisement403 1993-01-05 2 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER OF HO HOCK ANN COMPANY PTE LTD (In Members' Voluntary Lkjuidation) NOTICE OF RESOLUTIONS Atari Extraordinary General Meeting of the member* of the abovenamed Company duly convened and held at No. 273 Beach Road, Singapore 0719 on403 words
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THE REGION
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434 1993-01-05 3 AFP Bernama KUALA LUMPUR Malaysia's Finance Minister yesterday announced a revamp by the year-end of the country's inland revenue department (IRD) to turn it into a powerful statutory hoard that could enrich the nation's coffers. The proposed hoard would be equippedAFP; Bernama - 434 words
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Article, Illustration291 1993-01-05 3 Reuter KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad has welcomed a decision by the Sultan of Johor to postpone a rally, avoiding confrontation with the government over moves to curb the country's hereditary rulers. The postponement by Sultan Mahmood Iskandar was "aReuter - 291 words
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247 1993-01-05 3 AFP JAKARTA The Indonesian Muslim Intellectual Association (ICMI) yesterday launched the first edition of Rcpuhlika. a daily newspaper which its editors claim reflects Islam but will remain business-ori-ented. A total of 100,000 copies of the 12-page newspaper were distributed in Jakarta and west Java,AFP - 247 words
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475 1993-01-05 3 Harish Mehta - Reports by Harish Mehta in PHNOM PENH I HE noose of economic sanctions against the Khmer Rouge is being tightened. Just four days after the timber trade was banned between the Khmer Kouge and Thailand. the Supreme National Council of Cambodia475 words
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317 1993-01-05 3 THE United Nations Transitional Authority in Cambodia (Untac), which is in Cambodia to bring peace, has not kept its promise to combat the 100-per-cent inflation and stabilise the weakening Cambodian currency, said Cambodian officials. But Untac, in a hard-hitting report, has317 words
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409 1993-01-05 4 MBT KUALA LUMPUR More Malaysian companies are beginning to invest in China. In the first six months of last year, they committed themselves to 54 projects involving investments of US$47 million (Ss77 million). This is a big improvement as the cumulativeMBT - 409 words
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266 1993-01-05 4 AFP BANGKOK Taiwan and Hongkong have become the main gateways for foreign investment in Indochina, according to a study by the Bangkok-based Nomura Research Institute, published by the Bangkok Post yesterday. The study puts Taiwan and Hongkong at the top ofAFP - 266 words
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258 1993-01-05 4 AFP HONGKONG A senior Chinese banking official has called for a temporary halt in the issuing of company's shares, suggesting abuse of authority that has led to improper personal gain. Li Guixian, governor of the central People's Bank of China, wasAFP - 258 words
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Article, Illustration30 1993-01-05 4 TOKYO Kimono-clad Tokyo Stock Exchange staff members and share dealers clapping their hands to open the first day of trading for 1993 yesterday.30 words
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313 1993-01-05 4 AFP SHANGHAI Despite its mighty industrial potential, Shanghai missed the train of modernisation in the 1980s. But today, China's biggest city is attempting a comeback, with its Pudong economic zone as the locomotive. The city's famous waterfront promenade, the Bund, and its splendid buildingsAFP - 313 words
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431 1993-01-05 5 Govt official urges lower interest rate, Keidanren wants revised tax system AFP TOKYO Japan sobered up from a New Year holiday spree yesterday with government and business leaders suggesting additional measures to boost its flagging economy while the stock market couldAFP - 431 words
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299 1993-01-05 5 Bloomberg CANBERRA Australia's seasonally adjusted current account deficit is expected to narrow to about Asl.6 billion (S$ 1.77 billion) when new balance of payments data for November are released today. Seven economists surveyed have forecast an adjusted deficit of between Asl.4 billion and A$Bloomberg - 299 words
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421 1993-01-05 5 Reuter SEOUL South Korea said it had halved its trade deficit during 1992 but economists warned that the move towards the black was fuelled at the expense of long-term economic growth. Trade ministry figures showed a steady improvement in exports, aided largelyReuter - 421 words
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ASIA NOTES
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Article62 1993-01-05 5 BANGKOK Myanmar's guerilla and opposition leaders began talks at their jungle headquarters yesterday, designed to rival the Rangoon military government's Jan 9 national convention on a new constitution. Ethnic minority guerilla leaders and exiled opposition politicians convened a meeting of the National Council of the Union62 words
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Article81 1993-01-05 5 lOKYO Prime Minister Kiichi Miyazawa yesterday ruled out any imminent decision from Japan in response to international pressure to open its rice market under the current round of global talks on freer trade. He said suggestions had been made "here and there" for amendments to81 words
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Article83 1993-01-05 5 HONGKONG China is revamping its decade-old pension system to include all urban workers, and employees will now be required to contribute to a central pension fund, the official China Daily reported. According to the newspaper, the Ministry of Labour plans to expand pension coverage to all83 words
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Article92 1993-01-05 5 BANGKOK Thailand faces a severe water shortage within six months if farmers do not reduce the amount of land used to grow rice. Officials are concerned by reduced water levels in the two major Bhumibol and Sirikit reservoirs which supply northern and central Thailand, including Bangkok.92 words
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Article67 1993-01-05 5 MANILA The incidence of poverty in the Philippines is down to 40.7 per cent of the population, but largely because the government has redefined the poverty threshold. Economic Planning Secretary Cielito Habito said. The new poverty figure is 14.3 percentage points less than the 1991 figure, but67 words
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Page 3 Advertisements
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Advertisement34 1993-01-05 3 ALFRED DUNHILL -i Don't Miss The Alfred Dunhill Sale. •~77h' {//rt'(/ f If//' M' /-HMO Oft. At The Paragon, Hiiton Internationai Hotel, Paiain Rknaissanc f And Leading Department Stores. (>/mx/os to treasure w'/tee Afy<9.34 words
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Advertisement182 1993-01-05 3 hi TwrnrrTTri ■wrflTHil ill I I i«', Jr C j "Ih.v-V- I \I A S I Si P^^PP^PP||PP^p|PP|Pr jg|^ l i IfSA* vxx&fr v' J > ▼vi i NW ?*"W? > I ""'iv. 4. > i?' m VHi THE ORIGINAL CHROMEMATE® 100% Natural It has been said time and time182 words
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Page 4 Advertisements
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Advertisement199 1993-01-05 4 PICK YOUR INVESTMENTS. PICK YOUR GIFTS. BUT ONLY UNTILTHE END OF JANUARY Voucher vslue for t^tr\ $10,0( j $10 000 J^^ppi Unfixed Time Deposit months /o '"VJ*,'l' I 24 months $50,000 4.130% 530 < T V' •Depending on currency invested in Returns are subject to currency and interest rate fluctuations199 words
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Page 5 Advertisements
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Advertisement270 1993-01-05 5 Our young team of designers and engineers really The unique suspension incorporates a patented electrically controlled driver's seat, a driver's side threw themselves into perfecting the Volvo 850 GLT Delta Link to maintain precise control of the rear wheels; airbag and Electronic Climate Control. B because most of all they270 words
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REGIONAL FOCUS
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Article, Illustration1037 1993-01-05 6 William Chia - William Chia looks at how the government is capitalising on tourism to fuel economic growth William Chia Mention Yogjakarta and one immediately thinks of Borobudur, the Bth Century Buddhist temple in Central Java, Indonesia, and one of the Seven Wonders of the1,037 words
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Article, Illustration535 1993-01-05 6 Straits steamship Land and Singapore Airlines are two Singapore companies playing a significant part in Yogjakarta's tourism drive by participating in the development of the city's first five-star hotel. The US$5O million Melia Purosani Yogjakarta, which is scheduled to open535 words
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Page 6 Advertisements
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Advertisement174 1993-01-05 6 C=C€ 11 Your passport to Asians largest gifts and houseware fair With all the latest ideas in gifts, tableware and houseware on display, the '93 Pair is an absolute must for anyone connected to I n I Pieose send me more information on: bt the industry. From cost-competitive Asian HONG174 words
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Advertisement58 1993-01-05 6 I I-f only my boss would j Any Job. Any Career. v resf Available Any Day. j|W m Any Time. Anywhere. §1 j r The Straits Times the Sunday Times Business Times I I The New Paper Lianhe Zaobao Lianme wanbao I ~T Shin Min Dailv News Berita Harian Berita58 words
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THE WORLD
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380 1993-01-05 7 Hostilities to stop once political pact sealed AFP Reuter GENEVA Parties to the civil war in BosniaHercegovina yesterday reached a preliminary agreement on ending fighting in the republic as soon as a political agreement is reached, official sources said. "There isAFP; Reuter - 380 words
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433 1993-01-05 7 AFP SAMORIN, Slovakia One of the shadows falling on the newborn republic of Slovakia is that of the past: the ethnic legacy of the Austro-Hungarian empire that broke up more than seven decades ago. Nearly 600,000 of the new state's population ofAFP - 433 words
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WORLD WATCH
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Article88 1993-01-05 7 BEIJING China yesterday welcomed the signing of the new Strategic Arms Reduction Treaty (Start-II) and called on the US and Russia to bring its terms into reality. "We welcome this and hope that the United States and Russia will translate the treaty into action as soon88 words
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Article62 1993-01-05 7 PARIS France yesterday warned China against treating France and the US differently in reacting to their sale of military hardware to nationalist Taiwan. "We will make sure that France will be treated on a par with the US" when the contract for the sale of 60 Mirage62 words
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Article, Illustration59 1993-01-05 7 NAIROBI Daniel arap Moi being sworn in yesterday to serve a fresh five-year term as president of Kenya after the electoral commission declared he had beaten a fragmented opposition in the first multi-party elections in 26 years. Mr Moi, 68, said he would try to heal59 words
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Article46 1993-01-05 7 LONDON Former commercial television executive John Birt has taken over as director-general of the British Broadcasting Corp (BBC). Mr Birt, who succeeds retiring chief Michael Checkland, has pledged to place an emphasis on "unique, different and original" programmes and not on ratings.46 words
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Article, Illustration323 1993-01-05 7 Reuter PARIS Visiting US President George Bush and French President Francois Mitterrand were unable last Sunday to bury their differences on world trade, which have held up a deal under the General Agreement on Tariffs and Trade (Gatt). "I reiterated the USReuter - 323 words
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429 1993-01-05 8 AP WASHINGTON The Swiss are the world's top wage earners and Japanese babies born in 1991 can expect to live the longest, according to the World Bank. The bank's 25th annual report says Swiss residents earned the equivalent of U5533,510 (5554,955)AP - 429 words
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237 1993-01-05 8 Reuter LONDON The British manufacturing industry remains under pressure but output is steady, according to a report by the Chartered Institute of Purchasing and Supply released yesterday. The overall Purchasing Managers' Index (PMI), which combines responses to a range of questions including orders, outputReuter - 237 words
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Article, Illustration486 1993-01-05 8 Economics minister leaving with recession looming ahead Reuter BONN German Economics Minister Juergen Moellemann. forced to resign over a scandal involving promotion of products made by a relative's company, is leaving the government at a critical time for the economy. His successor, stillReuter - 486 words
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253 1993-01-05 8 Reuter TOKYO The resignation of German Economics Minister Juergen Moellemann will not undermine Japanese-German ties or policy coordination among major industrial powers. Japanese policymakers said yesterday. "His resignation will have no adverse impact on the global monetary scene, including the currency market,"Reuter - 253 words
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Article, Illustration49 1993-01-05 8 BEIJING Although they may be dressed like bandits, only a disgruntled customer could possibly accuse them of highway robbery. These three men are actually vendors at an open-air market in the Chinese capital. The masks are simply for keeping warm in the wintry weather.49 words
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655 1993-01-05 8 Reuter MOSCOW Russia's economy is falling apart at the seams, but one sector is heading for a bonanza exports of nuclear fuel and nuclear technology are set to soar this year. Sales could rise to USSI billion (551.64 billion) in 1993. fromReuter - 655 words
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Page 7 Advertisements
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Advertisement438 1993-01-05 7 The next time you export, he may decide the cost. Ridiculous? Not at all. Consumers at home and abroad are Provided by the Insurance Company of North America becoming more and more aware of their rights. Around the The Insurance Company of North America is part of the CIGNA world,438 words
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Advertisement84 1993-01-05 8 OIWIC—A 88l mSS9if v 4 BH ;1: v ■■oil ■■HIE I i BB HI PBB^BE^^B llVfc I I BllTi' i) Mil m I! il IB I t —<^MflfltfßSßsssr^"iMMail3Gii^lßß!Bß!l IlMarL Twain's great great great great great great granJnepkew, I Clint Clemens, witL kis Coack Metropolitan Brief Bag. j pp^ [coach AN84 words
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COMPANIES & MARKETS
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582 1993-01-05 9 Shoeb Kagda - All except Singapore post double-digit expansion By Shoeb Kagda SINGAPORE It was a year of dramatic expansion for regional stock markets as every market except Singapore experienced double-digit growth. Behind this rapid growth in market capitalisation was the privatisation of large stateowned582 words
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333 1993-01-05 9 R Sivanithy - By R Sivanithy SINGAPORE Restructured Electro Magnetic Ltd (EML), which resumes trading on Sesdaq today, is expected to make a strong comeback after a twoyear absence. The counter is expected to generate "a great deal of market interest" as its 10-cent shares were333 words
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789 1993-01-05 9 S N Vasuki - HOCK LOCK SIEW Tenaga Nasional, Hongkong Telecom among counters tipped as winners By S N Vasuki SINGAPORE More than half of China's foreign calls were placed to Hongkong last year, representing 44 per cent of Hongkong Telecom's traffic and 26 per cent789 words
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Article, Illustration681 1993-01-05 9 Helen Chang - By Helen Chang SINGAPORE Japanese electronic parts maker Giken Sakata (S) Ltd yesterday offered 10 million shares at 40 ccnts each in its initial public offering. It was the first share offering this year. Singapore-based Giken offered anotherPhoto by Arthur Lee - 681 words
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223 1993-01-05 9 SINGAPORE Summa Investments Ltd (Summavest) might have to inject more funds into loss-making associate PT Astra Microtronics Technology (AMT) if it does not sell oft" its 25 per cent stake in the latter. Summavest, in a circular to shareholders on the sale of its223 words
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Article, Illustration338 1993-01-05 9 Source: Bridge Info Performance of STII's index stocks Jan 4 Last S— lain Stock sale Ckac bcMraoim (i> Avimo I 500 I 34 AC 6 300 0.050 5 64 -12 20 Ceretws 3 820 0.100 -3.42 -24 39 Cold Store 2 580 -0 010 -2.31 2.44 FAN 10 100Source: Bridge Info - 338 words
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COMPANIES
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Article, Illustration453 1993-01-05 10 Dexter Lee - Company holds 80pc of venture with Chinese firm By Dexter Lee SINGAPORE Straits Steamship Land Ltd will take an 80 per cent stake in a joint venture to develop a 500-hect-are holiday resort in China that will include golf courses and a marina.453 words
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302 1993-01-05 10 MBT KUALA LUMPUR Sunway PMI-Pile Construction (SPPC), a subsidiary of Sungei Way Holdings, plans to extend the market for its revolutionary 125 mm by 125 mm pile to include Indonesia, Vietnam, Hongkong and Singapore. Sungei Way managing director Jeffrey CheahMBT - 302 words
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291 1993-01-05 10 MBT KUALA LUMPUR Innovest Bhd's asset disposal exercise continues as the company announced yesterday its proposed sale of two industrial properties in Klang and Port Klang for a total of M 526.5 million cash (5516.7 million). On its latest disposals, InnovestMBT - 291 words
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407 1993-01-05 10 MBT KUALA LUMPUR It was a rocky ride last year for Malaysia's tin sector and tin stocks on the Kuala Lumpur Stock Exchange, still very much affected by the vagaries of the metal's price. This was in spite of the fact that onlyMBT - 407 words
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COMPANY BRIEFS
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91 1993-01-05 10 SINGAPORE Hwa Hong Corp Ltd has raised the paid-up capital of the People's Insurance Company Ltd to $37.65 million, up from $25.1 million previously, through a two-for-one rights issue. Hwa Hong owns 99.6 per cent of the insurance company. Meanwhile. Hwa Hong has91 words
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Article63 1993-01-05 10 SINGAPORE The Stock Exchange of Singapore (SES) has queried Prima Ltd over the flour miller's recent U5529.22 million (5547.9 million) acquisition of an office building in Illinois* US. Among other things, the SES wants to know if a proper valuation of the building was63 words
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57 1993-01-05 10 KUALA LUMPUR Pegi Malaysia has announced a group pre-tax loss of MS 1.6 million (Ssl.o million) for the six months ended Sep 30, 1992, compared with $76,000 in the previous corresponding period. This comprised a loss of $100,000 from operations and $1.5 million57 words
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50 1993-01-05 10 FIRST Allied Corporation Bhd has registered a group pre-tax loss of M 53.34 million (552.14 million) for the six months ended Sep 30, 1992. compared with 55.26 million previously. This came on the back of a turnover of M 568.000 compared with Mslll.ooo.50 words
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81 1993-01-05 10 KUALA LUMPUR Hong Leong Credit (HLC) said its subsidiary had sold 10 million shares in Malaysian Resources Corp (MRC) for M 522.54 million (5514.42 million). The block represents 4.59 per cent of MRCs equity. Following this, the HLC group's holding in MRC is 11.981 words
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246 1993-01-05 10 Bernama KUALA LUMPUR Zaklan Sdn Bhd has entered into a conditional joint-venture arrangement with Scientex Property Sdn Bhd to acquire Chin Yew Loy Development Sdn Bhd and two pieces of land 3.8 hectares in size along Jalan Damansara. Zaklan is Arab-Malaysian Development Bhd'sBernama - 246 words
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521 1993-01-05 10 MARKET WATCH Reuter JAKARTA Family drama has ruined any chance that Jakarta's share market might have had to enter 1993 with a show of strength. "The short-term outlook for the market appears to hold little attraction," said David Chang,Reuter - 521 words
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496 1993-01-05 12 South China Morning Post HONGKONG Hongkong Inc left 1992 in better shape than when it entered, after experiencing about 25 per cent earnings growth and receiving a boost from southern China's vibrant economy. It is probably the first time this hasSouth China Morning Post - 496 words
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405 1993-01-05 12 Reuter SEOUL The head of South Korea's Daewoo group announced plans yesterday to spin off at least one of the conglomerate's subsidiaries as the first step in a campaign to separate management from ownership. Group chairman Kim Woo Choong said an unspecified unit wouldReuter - 405 words
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270 1993-01-05 12 SINGAPORE Although business tycoon William Soeryadjaya and his family have sold their 44.6 per cent stake in PT Astra International, this will not prevent the liquidation of the family-owned Bank Summa. Sources in Jakarta told Knight-Ridder Financial Services yesterday that the proceeds270 words
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Article, Illustration387 1993-01-05 12 Al Labita - From Al Labita in MANILA The Manila Stock Exchange (MSE) went electronic yesterday, ending 65 years of blackboards, chalk and the "open outcry" system. The vintage open outcry system which often left brokers hoarse at the end of the trading day is now a thing387 words
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COMPANY BRIEFS
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Article88 1993-01-05 12 HONGKONG Television manufacturer Kong Wah Holdings said its net profit fell 8.16 per cent to HKSBS.7 million (5518.2 million) in the six months ended Sep 30 from HK593.3 million in the year-earlier period. The figures are after tax and payments to and from minority interests.88 words
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77 1993-01-05 12 HONGKONG Peregrine Brokerage has added the shares of four manufacturing companies to its model portfolio to take advantage of an apparent recovery in the US economy, the firm said. In the January issue of Asian Strategist, a company publication, Peregrine said the four stocks77 words
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Article93 1993-01-05 12 TOKYO Nippon Light Metal Co Ltd is to expand production of aluminium products in Thailand and China by the end of 1993 to meet growing demand in those countries, a company spokesman said. The company plans to increase aluminium foil output at Nikkei Siam Aluminium Co.93 words
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85 1993-01-05 12 SINGAPORE Danish brewery group Carlsberg has entered into a joint venture with local Viet Ha Brewery to make locally brewed Carlsberg beer, the Vietnam Investment Review newsletter said yesterday. The Dec 28-Jan 3 issue of the weekly newsletter, monitored here, said the new joint-venture company,85 words
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59 1993-01-05 12 BANGKOK A Thai distillery is planning to brew the Philippines' San Miguel beer here, it was reported yesterday. The company, Thai Phalit Sura, will brew San Miguel under licence and was also considering producing Dortmunder Union beer from Germany, The Nation newspaper reported.59 words
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234 1993-01-05 12 Bloomberg SYDNEY US-based food group Campbell Soup Co said it will maintain its current takeover offer of ASB.BO (559.90) a share for Australian biscuit maker Arnotts Ltd, following a court decision favourable to Campbell. "There are no plans to raise the bidBloomberg - 234 words
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FINANCE
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1026 1993-01-05 13 Neil Behrmann - From Neil Behrmann The writer is a financial journalist based in London in LONDON FOLLOWING one of the most \olatile years in two decades, foreign exchange experts contend that the dollar will gain ground in 1993. Our panel of global forecasters1,026 words
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377 1993-01-05 13 Paul Leo - By Paul Leo SINGAPORE Bankers Trust Company and Chase Manhattan Bank have signed letters of intent to use and become market makers on the Minex foreign exchange matching serv ice in four of their largest trading rooms in Tokyo, New York.377 words
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SMALL CHANGE
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89 1993-01-05 13 HONGKONG The Hongkong and Shanghai Banking Corporation yesterday opened a branch in Bandung. Indonesia. The new branch is Hongkongßank's fourth in Indonesia. Two others are in Jakarta and a third in Surabaya. "Bandung is a major industrial and manufacturing city and the new office89 words
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Article67 1993-01-05 13 HONGKONG Marine Midland Bank, the main North American unit of international banking group HSBCHoldings, plans to acquire a multiple branch bank or savings and loan institution in its home state of New York this year. The South China Morning Post yesterday quoted Marine Midland's chief67 words
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96 1993-01-05 13 TOKYO The Bank of China (BOC) will redeem two 10-year samurai bond issues early. The Bank of Tokyo, the lead commissioned bank, said yesterday that the BOC will repay 13 billion yen early on April 26 at one per cent premium to par96 words
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59 1993-01-05 13 TOKYO Japan's Federation of Bankers Associations will lift a ban on use of comparative advertising by member institutions from April 1. The Nihon Keizai newspaper reported yesterday that the move, which will allow banks to name their competitors when advertising services and interest rates, came59 words
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Article66 1993-01-05 13 MANILA Credit rates slipped in the first hanking day of the year and may eontinue to ease as borrowers drag their feet baek into the market after heavy pre-hoiiday loans. "We don't expect to see big movements in the market yet. 1 think most people66 words
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527 1993-01-05 14 Move seen as instrument to mop up excess money supply and fight inflation Reuter KUALA LUMPUR Malaysia's central bank. Bank Negara, will launch its first money market paper in 10 years this month in a move dealers say willReuter - 527 words
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406 1993-01-05 14 South China Morning Post. HONGKONG The government is being hampered in its efforts to introduce three-year or longer maturity bonds by the ongoing Sino-British row, according to chief executivedesignate of the planned Monetary Authority. Mr Joseph Yam Chi Kwong.South China Morning Post. - 406 words
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192 1993-01-05 14 Bloomberg SYDNFY Westpac Banking Corp said it is on course to return to profitability but warned that restructuring costs may hurt performance and reduce dividends. In its annual report, the bank detailed a strategy to boost investor and public confidence following a series ofBloomberg - 192 words
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Article, Illustration151 1993-01-05 14 Regional currency report Banque Indosuez THE US dollar started the year on a firm note as US economic data released last week pointed towards a stronger US economy this year. Against the Singapore dollar, the US dollar was bid all day. Starting from an opening low of 1.6430. strong corporate151 words
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Article182 1993-01-05 14 Bloomberg LONDON The dollar firmed yesterday in European optimism about the currency's longer term prospects based on a steady US economic recovery, German recession and as a safe-haven from the turmoil of Europe's exchange rate mechanism.traders said. Although the dollar slipped late in Europe from an intra day atBloomberg - 182 words
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590 1993-01-05 14 Reuter NFW YORK Despite a late spurt in the US economy last year, the Federal Reserve is not yet turning cartwheels of joy as its eontroversial aim to lower money supply targets this year shows, eeonomists say. The Fed isReuter - 590 words
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Article88 1993-01-05 14 KnightRidder NEW YORK The US dollar extended its rally, rising to a 71/2-month high against the German mark on optimism about the US and pessimism about Europe. At 1100 ET. the dollar was bid at 1.6381 Deutschemarks. up from 1.6203 late last Thursday in New York and 1.6310Knight- Ridder - 88 words
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Article, Illustration1369 1993-01-05 14 inJf Mritihled inJt cakulatiil attains! S'/tmr j lop H trading partmry Ha* nut /<W.^ US$/S$ forward rates Noon Jan 4 s$ Bid Offer 1-month 1.6432 1 6447 2-month 1.6417 1.6432 3-month 1.6406 1.6421 6-month 1.636$ I.638S FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to one unit of1,369 words
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COMMODITIES & FUTURES
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496 1993-01-05 15 Reuter KUALA LUMPUR Malaysia, the world's top palm oil grower, is heading for another bumper erop in 1993 aided by good weather, rising yields and better farm inputs. Growers, traders and industry offieials polled by Reuters predicted yesterday that 1993 production wouldReuter - 496 words
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Article, Illustration500 1993-01-05 15 John Helmer - From John Helmer in MOSCOW l'HE Russian government's control of the country's oil industry is to be turned over to a handful of vertically-integrated companies which will explore and lift crude oil, refine and sell petroleum products, and500 words
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502 1993-01-05 15 Move due to winding up of long forward positions Knight-Ridder TOKYO Copper is being shipped to China from London Metal Exchange (LME) warehouses in Europe due to the winding up of long forward positions taken by a major metals trading agency earlierKnight-Ridder - 502 words
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296 1993-01-05 15 Knight-Kidder TOKYO Major Japanese copper consumers will resume 1993 contract negotiations with domestic smelters this week and expect to complete the talks this month, industry sources here say. Consumers say they will cut domestic contract commitments by 10 to 20 per cent FromKnight-Kidder - 296 words
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273 1993-01-05 15 Reuter PATTAYA Commerce Minister Uthai Pinichaichon has instructed Thai commercial offices abroad to try to develop close relationships with foreign government and private sectors as an "offensive measure" to combat fierce competition in the global rice trade. Speaking at a recent seminar hereReuter - 273 words
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284 1993-01-05 15 ENERGY REPORT BLOOMBERG Bloomberg LONDON Oil futures prices were down in London and New York as unsold cargoes of North Sea Brent and West African crudes exacerbated already oversupplied markets. brokers said yesterday. Although some previously unsold cargoes are enroute to theBloomberg - 284 words
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116 1993-01-05 15 Reuter MOSCOW Oil has moved to the top of Russia's exportearning league, pushing natural gas into second place, says the weekly Mosivw Ant v. It said yesterday new Prime Minister Viktor Chernomyrdin. formerlv in charge of the energy sector, was likely to preserve oil'sReuter - 116 words
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361 1993-01-05 15 Bloomberg SYDNEY The Australian beef industry is facing a 5 per cent reduction in its annual quota of imports into the US. government officials said. The reduction results from a combination of factors, including a lower overall global import limit imposedBloomberg - 361 words
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FUTURES & COMMODITIES
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1417 1993-01-05 16 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished steady, remaining mostly resilient against positive US economic data in thin post-holiday acti\ity. Contracts fluctuated within a narrow range driven by dealers taking positions ahead of the Chicago market open. "Fundamentally, we are lookingReuter - 1,417 words
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1037 1993-01-05 16 COMMODITIES REPORT Tin nit I'RICE of tin on the Kuala Lumpur Tin Market added two sen to close at MS 14.65 per kg on some covering interests yesterday. Dealers said the market was steadier and there were some buving activities as the1,037 words
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Article1703 1993-01-05 16 Rubber RAS Commodity Exchange (futures closing as at 1pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Jan 93 148 00 148.00 147 50 30 375 Feb 148 00 148 00 148.00 100 5.200 Mar 150.00 149.50 149.25 800 6.725 Apr/Jun 151.501,703 words
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REGIONAL STOCK MARKETS
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Article1134 1993-01-05 17 10.6 Beginning the new year the way it ended last year, the Australian share market surged higher on the back of strong gains by market leader BHP yesterday. After rising 11.8 points on New Year's Eve. the market dipped on opening but climbed steadily to close up 10.6 points1,134 words
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Article592 1993-01-05 17 14.46 Share prices closed mostly higher on the first trading day of 1993 yesterday, reflecting investor optimism that overall prospects will be better this year. The Manila Stock Exchange Composite Index rose 14.46 points to close at 1,270.68. "The fund managers are back from their holidays and 1 guess592 words
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Article428 1993-01-05 17 18.83 Active across the board buying inspired by expectations the market is in for a start-of-year rally sent the market up to close the first trading day of 1993 substantially higher yesterday, brokers said. Financial and construction shares led the pack. "Construction shares should do well this year. Several428 words
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Article150 1993-01-05 17 -75.7 Share prices fell shaiply on the first day of trading in the new year as operators sold heavily yesterday, brokers said. The 30-Sharc Bombay Stock Exchange (BSE) Index closed at 2,539.67, down 75.70 points from the Dec 24 closing. The market reopened yesterday after 10 days. The National150 words
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Article646 1993-01-05 17 Taipei \of IVf 29 VI* (DO) \ll Sincere Ind 4 PI 4) 34 3 Vsia Cement 55 50 indi 350 Cathas Conslr 42.10 0 10 I 71 s athas Life Ins UN Si 1.50 747 < hang Flwa flunk *2 00 I 50 925 < hctw Loong 15 70 0646 words
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WORLD STOCK MARKETS
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Article808 1993-01-05 17 Britannia Funds Sterling Cash Bid Offer Mim ap Deposit *3i0J00 VW0400 Mim ieno Oih 0 I *74 0 1471 Mim Mas lixome D-WOO •I OMO L S$ Cash Income Ptw Fund 9 'WOO 10 5100 PS Reserve Fund 5 1*» 2000 Sierline t oui(\ Euro Performance... 0 4425 0-4758 Far808 words
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Article591 1993-01-05 17 15.0 The FTSE 100 index of leading UK shares entered the New Year with a record close of 2,861.5, up 15.0 points, or 0.5 per cent, on the first day of 1993 trading. The rise extended a strong rally seen since September 1992, when the exit of the pound591 words
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Article136 1993-01-05 17 -14.7 The Paris bourse began 1993 on a down note as the market, recently propelled by talk of a devaluation and rate cuts, began to reckon with the possibility that France may in fact raise rates in the short term to defend the franc. The CAC-40 Index fell 14.70,136 words
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Article223 1993-01-05 17 -13.72 German shares started the New Year by giving up most of the gains they made last week, ending a thin and mostly featureless day 0.9 per cent down. In the first day of business since December 30. the 30-share DAX Index closed at 1,531.33, down 13.72 points. Dealers223 words
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Article178 1993-01-05 17 -1.56 Belgian shares closed slightly lower with defensive stocks dominating an otherwise dull market. The Bel-20 Index of leading shares closed down 0.14 per cent, or 1.56 points, at 1.125.46. A modest volume of 490 million francs worth of shares changed hands. Interest rate sensitive stocks were the most178 words
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Article238 1993-01-05 17 -1-0.67 A firmer dollar boosted Dutch share prices with banking and insurance stocks leading the way. traders said. The EOE Index of Dutch stocks closed up 0.67 point at 286.51 points. Traders said the dollar rose after the resignation of German Economic Minister Juergen Moellemann. which prompted a flight238 words
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Article309 1993-01-05 17 4-1 Italian shares ended the first trading day of the year with gains on domestic buying of both blue chips and firms due for privatisation, but turnover was light with many operators still away. A sharp fall in the lira against the mark had little impact on prices, though309 words
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Article309 1993-01-05 17 _-7 South African gold shares ended weaker on the first day of trade of 1993 in reaction to a weakening gold price and generally lacklustre sentiment on the exchange. dealers said. They said the market was moving on thin volumes. and there were some buying orders in the market,309 words
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Article243 1993-01-05 17 11.9 Toronto stocks inched lower in quiet midday trade yesterday. with the pressure of plunging gold shares somewhat offset by a stable financial services index, dealers said. The TSE 300 dipped 7.6 to 3.342.9 on volume of 14 million shares valued at CS 116.3 million. Declines outstripped advances, 146243 words
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Article719 1993-01-05 17 10.26 The Dow industrials were up only 4 points at 3.305 in narrow midday trading yesterday as Nasdaq stocks as well as technology stocks and drug issues provided drag on the market, traders said. Ihe market report for Stockholm was not available *l Johnson Johnson 50 2/8 1/8719 words
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Article325 1993-01-05 17 +4.8 Swiss shares closed up. but below highs, as light selling in the last few minutes of trading brought prices down. Active industrial shares had led prices up earlier, dealers said. The firm trend could indicate that investors, hedging against possible tensions in the ERM. were channelling funds into325 words
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Article, Illustration3068 1993-01-05 18 Reuter Bloomberg HONGKONG Shares ended the first session of the year solidly lower on mild local selling yesterday, brokers said. The blue-chip Hang Seng Index slipped 74.59 points, or 1.35 per cent, to close at 5,437.80 on volume of HK.5956 million. the thinnest in a year. The broader AllReuter; Bloomberg; Source: Bridge Info - 3,068 words
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Article, Illustration454 1993-01-05 18 THE Shenzhen A share market was open on Sunday. The CLSA Shenzhen A Index was driven up 6.07 per cent to 2,396.36, on the back of Premier Li Peng's arrival in the SEZ on the same day. On the other hand, a surprise cancellation of the premier's visit to454 words
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Article, Illustration2525 1993-01-05 18 Reuter STOCKS ended mixed in a lacklustre start to 1993 yesterday. The Nikkei Average rose on win-dow-dressing buying by investment trusts but the broader market was easier, with no fresh fundamental factors and many investors still on vacation, brokers said. Trade was limited to the morning session yesterday. "Today'sReuter; Source: Bridge Info - 2,525 words
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Article, Illustration1836 1993-01-05 18 Reuter THAI stocks fell further in the afternoon session yesterday on investor worries over an apparent lack of progress in an investigation into alleged stocks manipulation, brokers said. The SET Index lost 6.25 points, or 0.69 per cent, to end at 887.17 on turnover of 3.43 billion baht. LosersReuter; Source: Bridge Info - 1,836 words
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Article, Illustration670 1993-01-05 18 Reuter JAKARTA stocks closed mixed in thin volume yesterday, brokers said. The ofTicial index ended 0.75 points lower at 273.58. Cement firm Semen Cibinong was active with 100.000 shares traded. It closed 50 rupiah higher at 5.400. Brokers said there was heavy selling ot Japfa bv foreigners. It closedReuter; Source: Bridge Info - 670 words
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Article, Illustration2508 1993-01-05 19 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Mulli-Purp»»\c 8.914.000 kamunting Mk 3.195.000 Pub Bk Foreign 1.623.001) FahcrCiroup 963.000 Kcnong Bhd 30c 914.000 Mulpha Intl SV. 733.000 Provnct 608.000 M Kcmhjiccs 511.000 I jndmaris Bhd 493.000 l>&( Bank 30c 409.000 Sd Properties 353.000 KL Industries 344.000 MOSTSource: Bridge Info - 2,508 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration4746 1993-01-05 19 Bernama SHARE prices here ended the first trading day of the year sharply lower yesterday with blue chips coming under selling pressure. The KLSE Composite Index at the close dropped 11.13 points to 632.83. the Industrial Index 17.38 points down to 1,070.92 andBernama; Source: Bridge Info - 4,746 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration6892 1993-01-05 20 Dawn Tan - By Dawn Tan AN exported new year rally tailed to materialise yesterday and the key Straits I imes Industrials Index elosed only 6.71 points higher at 1.531.11 in mild trading. Attention focused on Kamunting and related companies because of rumours across the Causeway that Multi-Purposes application forSource: Bridge Info - 6,892 words
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Article, Illustration69 1993-01-05 20 Quak Hiang Hhai - HOT STOCK Quak Hiang Hhai ON the weekly chart, PublicBank (Foreign) is moving fast towards the oversold region. I"he daily and weekly RSIs are heading towards the 25-mark, while the upward trend is still very much intact. The stock may move towards 51.40. then push ahead toSOURCE: BRIDGE INFO - 69 words
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Page 9 Advertisements
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Advertisement13 1993-01-05 9 Astra episode dims attraction of Jakarta market in the short term, Pr 1013 words
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Advertisement317 1993-01-05 9 ((Many a man would reach a greater height if he had more depth.JJ 6IVE YOUR EMI THE EXECUTIVE immmir Qmmshed vKorry Ines M leading to fine lines Remixed the toe* erf Duntntshed t*ed baggy eyes I wit ttie onset of turrcwued ■M Wli stress knes open pores and blackheads 1317 words
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Page 10 Advertisements
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Advertisement113 1993-01-05 10 Convenient f Get ahead to Manila Philippine Airlines TTTrnrV A\yp TIT ATT Pjffl I" 1 leaves Singapore at 9:40 in the morning and I HfrKh j V/WIJ WAI CjSarrives in Manila at 12:55, just in time for your afternoon business appointments. We also have HP ATTFATA afternoon flights on weekends113 words
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Page 11 Advertisements
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Advertisement225 1993-01-05 11 f > MABINA I ."m V; 7 2 -~tK i^^ni BMVWWKWWV^WOTHB^H^^^K.aCa^T 3 perfect getaway. S i pool (or those who cannot refuse a dip. Or you could sip a long, cool drink Ife d have a bite as you enjoy the spectacular view of the bay while ai the cafe.225 words
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Page 12 Advertisements
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Advertisement135 1993-01-05 12 W 4^af«l^l«®^< >H T As you can see we're taking our Italian lessons i Louis (very seriously We've been privileged to serve fffHifjK another. The classic dessert TIRAMISU E RffHtftf I'j C I SALSA 01 CAFFE. a subtle mixture of the finest JprS ■HJR Ul<^ jqjf cheese with coffee sauce135 words
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Advertisement247 1993-01-05 12 Professional Nominee, Full Accounting and Administration Services available at reasonable cost. Ready made Companies available. We can offer shelf companies from certain jurisdictions for delivery on the same day within Singapore. a 8.V.1 3 ISLE OF MAN O BAHAMAS O JERSEY a BELIZE 3 LIBERIA 3 COOK ISLANDS 3 MADEIRA247 words
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Page 13 Advertisements
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Advertisement164 1993-01-05 13 Your business can be even better if you have a Local Toll Free number. A Local Toll Free number can be easily recognized by its prefix: 1800. imagine how many new connections and prospective clients you could And for a while now, all phone numbers beginning with 1800 are have164 words
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Page 14 Advertisements
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Advertisement232 1993-01-05 14 I (S) 2*Z*E LfIZD I t VroudCij (Presents H I Jv The'fanner'President of Community Chest I CIS I I fijU 77/e Official Opening I I MK HB Date Tuesday, 5 January 1993 I Time 2.00pm onwards I IMr Tony Tay I laCe 280^280A S° uth Bnd g c Road Dr.232 words
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Page 15 Advertisements
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Advertisement345 1993-01-05 15 A Wjf Why be bald? Everyone deserves to have a full, healthy head of hair. But for some, baldness strikes too early, often bringing with it the loss of confidence and self-assurance so important in our social and business lives. Success in all areas lies in knowing we look our345 words
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Page 16 Advertisements
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Advertisement14 1993-01-05 16 WHtrs ,N Find out in Personal Investment and Finance. Every Saturday in Business Times14 words
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Page 17 Advertisements
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Advertisement62 1993-01-05 17 —k t'4 m t ,t>' r: *3W p:->". k '.s.<• -jdH' Tm f t PS. i? f>*c. F —With over 170 million cards honoured at over 10 million establishments, MasterCard puts liM the whole world in your hands. And it gives you easy access to cash at 300,000 bank branches62 words
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Page 18 Advertisements
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Advertisement96 1993-01-05 18 YOUR MONEY IN A BOX. Keuge (pronounced ruhj music boxes make girts or IT'S MORE RELIABLE THAN SHARES. Uti„ s value. HanJcfleJ following a 200 year old Swiss tradition, they perform beautifully every day for years on AND MORE PLEASING end (unlike many shares we could mention). TO THE EARS96 words
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Page 19 Advertisements
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Advertisement48 1993-01-05 19 JWllltf Ul IWHIIIfII All! II I 111 hA ll'■ I I l lI 1111 111 II I I Find out I lil I I I I I I I WI V H Personal Investment and Finance. II I I H 111 l|l 1 Every Saturday in Business Times48 words
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Page 20 Advertisements
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Advertisement62 1993-01-05 20 Singapore: I Hh HOUR GLASS Lucky Plaza Tel. *****20/1 ScottsTel. *****27/7198 Centrcpoinl Tel. *****9K/603* Peninsula Plaza Tel. *****09/*****63 A W JrX A Palais Renaissance Tel. *****62/543 Raffles Tel. *****41 Indonesia: THE HOUR GLASS (Licensee) Plaza Indonesia. Jakarta Tel. 21-*****6/*****1 Malaysia: THL HOUR GLASS Lot 10 Centre. Kuala Lumpur Tel. 03-*****20/93262 words
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SPORTS
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Article, Illustration277 1993-01-05 21 Golf AP PEBBLE BEACH. California Mark Brooks shot an evenpar 72 on Sunday and cruised to a five-stroke victory over Bob May in the U*****,000 (S$410.000) Pebble Beach Invitational. Brooks finished at 8-under par 208 for the three-round event, whieh was shortened from 72 holesAP - 277 words
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Article, Illustration669 1993-01-05 21 NYT ORCHARD PARK, New York As soon as Steve Christie's ,32-yard field goal sailed between the yellow goal posts, the yelling, cheering and shouting began. Buffalo was celebrating one of sports' most historic comebacks. After trailing the Houston Oilers, 35-3, early in theNYT - 669 words
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SPORT IN SHORT
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Article110 1993-01-05 21 NBA Roundup: Spurs 114, Suns 113: SAN ANTONIO. Texas The Phoenix Suns lost their first game since Nov 28 and had a 14-game winning streak snapped on Sunday night. Phoenix blew a four-point lead with five seconds left in regulation, and Tom Chambers missed an open 18-footer at the110 words
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Article79 1993-01-05 21 SYDNEY Brian Lara, the "Prince of Trinidad", resurrected the West Indies' hopes of salvaging their series against Australia with a majestic maiden Test century on the third day of the third Test yesterday. Lara was in imperious form, striking 15 sweetly timed boundaries to remain unconquered on 121. With79 words
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Article87 1993-01-05 21 JOHANNESBURG Danie Craven, the grand old man of South African rugby union, died yesterday at the age of 82. Craven, who played for South Africa's Springbok international team in the *****, was president of the South African Rugby Board from 1956 until he became joint president of a new87 words
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Article192 1993-01-05 21 ROME Ruud Gullit scored his fifth goal of the season in the 30th minute, while AC Milan was playing with only 10 men, to give the Red and Black a 1-0 victory over AS Roma and an Italian League record seventh consecutive road win. The victory also extended Milan's192 words
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Article46 1993-01-05 21 PERTH Spanish brother and sister pair Emilio and Arantxa Sanchez bundled Switzerland, the reigning champions, out ot the A 5700,000 Hopman Cup mixed teams' tennis tournament yesterday. Arantxa Sanchez beat Maleeva-Fragniere 1-6, 6-0. 6-3 while Emilio Sanchez eventually wore down Mezzadri 4-6,6-3,7-6(7-5) in three sets.46 words
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Page 21 Advertisements
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Advertisement1134 1993-01-05 21 Notices ~-se^mmai IN THE MATTER OF THE COMPANIES ACT, CAP. 50 LIAN TECK TIMBER PRODUCTS PTE LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of LIAN TECK TIMBER PRODUCTS PTE LTD duly convened and held at 62A. Joo Chiat Place. Singapore 1542 on the 29th December1,134 words
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Advertisement242 1993-01-05 21 lUMEJIAIIEBJ3UbE cowANjEim CAP. 50 AMD t W THE MATTER Of PI FCTBUI.D CQMSTRUCHOW PTE LTD (In Voluntary Liquidation) 1 NOTICE IS HEREBY GIVEN pursuant to i Section 308 (1) of tho S Companies Act, Cap. 50 that the Final Meeting ol I members of the above- named Company will be242 words
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Advertisement380 1993-01-05 21 IN THE MATTER OF CRESCENDO KARAOKE LOUNGE PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act (Capterso) that a Final General Meeting of the members of the abovenamed Company will be held at the office of Liquidators, 5001380 words
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LIFESTYLE
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Article, Illustration931 1993-01-05 22 N R Kleinfield - Not all American fashion models get to bask in bright lights and glamour. N R Kleinfieltf spends a day with a typical model who works hard for the money N R Kleinfield NYT CAPRICE Benedetti stared fixedly at herself in the mirror, surveying her beauty, and sawNYT - 931 words
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Article, Illustration386 1993-01-05 22 CHATTERBOX UNFORGIVEN, the epic, ruminative western that represented a high point in the career of Clint Eastwood, its star and director, was voted the best film of 1992 by the National Society of Film Critics on Sunday. The 35-member group of critics from New386 words
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Article, Illustration45 1993-01-05 22 NEVIS, West Indies Princess Diana enjoying the splash of a wave in the surf during a morning swim on Sunday. The princess is on the Caribbean island of Nevis for a post-Christmas vacation with her sons, Prince William and Prince Harry.45 words
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Article659 1993-01-05 22 Steven Lee Myers - A miracle on 74th Street for New York's Indian immigrants, at least. But longtime residents of the area are complaining, reports Steven Lee Myers Steven Lee Myers NYT A DECADE ago, when V N Prakash began selling jewellery there, 74th Street in Queens was aNYT - 659 words
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Page 22 Advertisements
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Advertisement96 1993-01-05 22 at CHINA CHINA 4th U) 22nd Jilll "?>.*! (rxt ifM j:tnl Mu» A symphony of chicken. pigeon, duck <u)«i Irog to < ater to different laste-buds Pick from our set mentis lor 2. 4. <>, and l() jxTsons with prices from S.iK to S.'t.iH Available for lunch and dinner. For96 words
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Page 22 Miscellaneous
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Miscellaneous1198 1993-01-05 22 TV RADIO to an Australian. Their suffers a culture L shock she clings to her Kt culture while he tries to make her Australian. I£ri Ishida. Br Nicholas Eadie and Chris Hay- C*" wood star in this 1990 movie. A 1991 look at the Sahara Desen's advance into Lake Fagu-1,198 words
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Page 23 Advertisements
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Advertisement1026 1993-01-05 23 Nothing Beats A Bud. where t w|ne > ,ne and entertain ggHO OF n*** ~v^i (everyday and j a little more (T I on Tuesdays I Be at your hist misbehaviour at I this fun puh. Drink a naughty cocktail, join in the sin};-a-long sessions or dance the niftht a»av.1,026 words
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Advertisement312 1993-01-05 23 <w Fines de Claire Oysters, Salmon "Norvegienne", \\v Esc argots with Mushrooms and other French favourites at our sumptuous buffet. We know you 11, can hardly wait... Q)J\ in— I O Sin|«porr s floor We serve the world to you at Top of the M v S/artfrfaKfi ftrwMMf U tkr312 words
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A new mission to know Asia
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Article26 1993-01-05 24 We want to be, by the Year 2000. Asia's leading business daily. We want to live up to our motto: We know Asia.26 words
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Article90 1993-01-05 24 We are a Singapore-based business daily focusing on the fast-developing Asian region. We serve you. our readers, mainly those in the business community in Singapore and in the region, by producing news reports, analyses and commentaries that you want or need to read.90 words
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Article274 1993-01-05 24 We believe our critical success factors are: 1. Reader orientation We must remain committed to serving you well by: getting involved with visiting, observing, listening, talking to and learning about the people, the companies the institutions and the countries we write about; producing a newspaper274 words
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Article, Illustration295 1993-01-05 24 BT has carved op the regkw and wrigiyd staff to ipariahar on axnvvßiai co«itrie&. Asde itocj CHyjovcrficai frequently to the countries they ttam these property. This way, we hope lo: provide broader and more in-depih coverage of Asia; build expertise and be authoritative on the295 words
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Article139 1993-01-05 24 We've formed a new Corporate Analysis Group, comprising five senior journalists who will spearhead our effort to improve the depth of our corporate coverage. They are: Lee Han Shih, Senior Correspondent (S'pore/Hongkong companies) Amy Balan, Senior Correspondent (S'pore/KL companies) Loh Hui Yin, Correspondent (S'pore/Thai companies) William Chia,139 words
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Article, Illustration244 1993-01-05 24 Fewer pages but more information. From today, our prices pages will be condensed to s'/2 pages, but we're packing in a whole lot more. Apart from improving existing share information, we've added a number of new services, as well as charts, tables and reports.244 words
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Article, Illustration99 1993-01-05 24 Leading, lagging, coincident. And a few offbeat ones too. In our new daily Lye on the Economy column, we'll put the Singapore economy under the microscope, examining each day an indicator of the economy's health. We'll look at government data (of the officially-released99 words
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Article, Illustration228 1993-01-05 24 We've also introduced a number of new weekly sections for readers who are specialists in their field. We call them specialty pages. The three new sections are: An Information Technology section Monday. We've started with 4 pages but plan to expand it soon to 8 pages. The228 words
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Article170 1993-01-05 24 As part of our changes, we've streamlined BTs newsroom operations. Our aim is to have fewer supervising editors, so that our best journalists are freed to do what they are best at producing exclusive stories and writing analyses and commentaries. In fact, all BT staff, from170 words
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Article, Illustration414 1993-01-05 24 Few people realise how staff-intensive a daily newspaper operation is. So some may be surprised to hear that BT has 102 staff 86 journalists, sub-editors, photographers and artists, and 16 support staff. We'd like to introduce our entire team. Here's the lineup: Senior Editors: Patrick Daniel (Editor).414 words
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Page 24 Advertisements
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Advertisement35 1993-01-05 24 The Weekly Specialty pages Monday: Information Technology (Business IT) Enterprise and Management Tuesday: Property A Construction Wednesday: Regional Analysis Thursday: The Law Page Innovations A Technology Friday: Advertising A Marketing Saturday: Personal Finance A Investment35 words
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PROPERTY & CONSTRUCTION
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Article, Illustration712 1993-01-05 25 Lilian Ang - By Lilian Ang SINGAPORE Demand for private residential property is expected to pick up strongly after last quarter's seasonal slowdown. Property analysts say the low interest rates and Singaporeans' increasing affluence will ensure steadily growing demand for homes. The floodSourc: JLW research, Dec 1992 - 712 words
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Article, Illustration291 1993-01-05 25 SINGAPORE Pyramidal tops seem to be in fashion for high-rise buildings these days. HDB blocks have them, retail complexes have them, condo towers have them. From a distance, one might be forgiven for mistaking one peak for another. Especially if the colour schcmcs of the structures arc similar.Photo by Arthur Lee - 291 words
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Article507 1993-01-05 25 Kooi Cho Teng - AT YOUR By Kooi Cho Teng BATAM After initial delays, two Batam golf clubs have opened the first nine holes of their links to members and their guests. Indah Puri Golf Club and Paradise Bay Golf Resort expect to have their 18-hole golf507 words
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REGIONAL SKYLINE
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Article97 1993-01-05 25 South China Morning Post HONGKONG'S New World Development will soon enter into its first commercial property project, worth about 1.1 billion yuan (about SS3OO million), in Shenzhen. China. The project, a joint venture with state-owned Shenzhen Industrial Products Trading Group, is on a 100.000 sq mSouth China Morning Post - 97 words
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Article86 1993-01-05 25 The Nation THAILAND'S real estate industry' is likely to take another six months to recover from the political strife and economic uncertainty of the past two years, according to Arpasphong Bulbon. former chairman of the Condominium Trade Association. Mr Arpasphong said the market was currently dominatedThe Nation - 86 words
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Article78 1993-01-05 25 Bangkok Post THAI OFFICIALS recently discovered that 55 rai (about 8.8 hectares) of a total of 320 rai identified by the Interior Ministry as belonging to Pattaya is missing. A survey on Larn island carried out in 1991 by Chon Buri land officials could only account forBangkok Post - 78 words
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108 1993-01-05 25 Malaysian Business Times INDONESIA'S cement production capacity has been growing by 13.3 per cent annually, according to an industry official. Setiadi Dirgo, chairman of the Indonesian Cement Association, said Indonesia was now capable of producing 19.5 million tonnes of cement a year. HeMalaysian Business Times - 108 words
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Article72 1993-01-05 25 Malaysian Business limes MALAYSIAN COMPANY Siah Brothers Corp has posted a 39 per cent rise in group operating pre-tax profit to M 55.3 million (about 553.3 million) on a turnover of M 589.8 million for the six months ended September 1992. After-tax profit was M 53.4Malaysian Business limes - 72 words
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Article60 1993-01-05 25 South China Morning Post THE Hongkong government has decided to delay the awarding of a tender for the Central and Wan Chai reclamation a move that is likely to raise the project cost. Two bidders who submitted the lowest bids have agreed to extend the validity ofSouth China Morning Post - 60 words
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Article138 1993-01-05 25 Living It up In service apartments ll Rant per month (S$) i Studio 61 1.700 4.400 1 1-bedroom 351 1 2-bedroom 577 2.500 6.500 i i 3-bedroom 303 3.450 8.000 Penthouse 4 8.300-16.500 Total: 1.296 8 r=df 1 t "There ere 14 main developments offering service apartments. Most138 words
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467 1993-01-05 25 Stephen Vines - From Stephen Vines in HONGKONG INVESTORS in Hongkong's property market are anxiously waiting to see whether the political uncertainty arising from Governor Chris Patten's proposals for greater democracy will continue to have insignificant impact on prices. Noting that the467 words
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Page 25 Advertisements
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Advertisement198 1993-01-05 25 FIRST 400 TO WALK AWAY WITH MUSIC IN THEIR EAR 3TO WIN VIDEO-PHONE §J§ Subscribe now! The first 400 subscribers will each receive a Sony Walkman Model WM-FXI2 with a complimentary Ips| Name Unclose: Cheque No, Management Leadership cassette tape from Success fijj Address p Please char ge .o my198 words
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Article480 1993-01-05 26 EDITORIAL LAST January, Asean's leaders reached what was a remarkable agreement, given the bumpy road the regional grouping had travelled in its first 25 years. The Singapore Declaration and the commitment therein by the six Asean countries to establish a free trade area within 15480 words
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WHAT THE OTHERS SAY
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Article354 1993-01-05 26 SINCE the Cold War ended, the US-led North Atlantic Treaty Organisation has been in a quandary over its future role. Both Nato and the Conference on Security and Cooperation in Europe were designed to deal with Cold War problems, in contrast to Europe's current crisis, characterised by354 words
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Article91 1993-01-05 26 THE Trade Development Board's recent move to expand its services and incentives to assist Singapore companies to invest and expand overseas is a good start towards achieving a long-term objective of establishing Singapore corporations overseas. The move will also add a new dimension to the TDB's corporate91 words
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Article115 1993-01-05 26 THE tuition classes organised by the CDAC will begin on Jan 11. The response to these classes is fairly good as seen from the number of people who will be taking part in it. It is indeed a good start. The CDAC is funded by115 words
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Article145 1993-01-05 26 TODAY, the European Community reaehes a milestone in its 40-year history with the launeh of a single unified markets. But a complete transformation of the 12-member community is far from imminent. The Danish voters started the bandwagon rolling. Voters throughout Europe suddenly saw one small country145 words
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Article149 1993-01-05 26 1992 had much to offer from the burning buildings in Los Angeles, to the poor and starving in Somalia, the barbaric savagery in Bosnia, and the turmoil in Thailand. Nevertheless, despite the worldwide gloom. Malaysians can be thankful for strong economic growth and the peace and harmony in149 words
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Article, Illustration1338 1993-01-05 26 Philip Shenon - Although the military junta in Myanmar embarked on a liberalisation campaign in April, whatever measures it has taken thus far have been merely cosmetic, says Philip Shenon Philip Shenon NYT LATE this fall, a dark sedan carrying a group of olive-uniformed army officers raced down UniversityNYT - 1,338 words
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Page 26 Advertisements
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Page 26 Miscellaneous
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Miscellaneous102 1993-01-05 26 (*NY DE.CHMT P?£SeKTS ?J /bJEiJ., IP VbU T^eNtNJB TuRTIE. v f DRESSING &OCON WD ive PoSTrnPiM PfXT r \r VfNjpmP«S (jgjQ (SNftPfl iS.-ar -sa--9W5 C ASSOCIATED NEWSPAPERS I. TO MB-IM2 DOONESBURY GARRY TRUDEAU H&ZtA PmfOCATIVE, LETS CATCH UP ON RAY'S LETTER,Z! TT COMES I ENOUSHUJTTH THE I POINT I STORY,102 words
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ANALYSIS
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Article1298 1993-01-05 27 Paul Kennedy - Politicians around the world must be less parochial and take heed of global issues if they want to be prepared for the future, writes Paul Kennedy Paul Kennedy IHT AS WE move toward the 21st century, there fs a compelling need for politicians and nationsIHT - 1,298 words
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Article, Illustration1451 1993-01-05 27 There is more to the second Strategic Arms Reduction Talks treaty signed by both the US and Russian presidents on Sunday than meets the eye. John Helmer reports from Moscow THE last time US President George Bush came to Moscow for a summit meeting, the arrangements1,451 words
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816 1993-01-05 27 RUSSIAN President Boris Yeltsin has called the StartII (Strategic Anns Reduction Talks) nuclear disarmament treaty a "Christmas gift to the world", but senior officials of his government do not believe that Russia can afford the price. Russian officials have told BT that "the biggest816 words
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434 1993-01-05 28 Doubts raised over Sino-UK ministerial meeting Reuter AP HONGKONG Hongkong stocks opened the year with a tumble yesterday after a senior Beijing official cast doubts over whether the British and Chinese foreign ministers would hold a scheduled meeting in March. The HangReuter; AP - 434 words
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Article, Illustration43 1993-01-05 28 NEW DELHI Indian Muslim children shouting anti-government slogans during a protest here yesterday. More than 500 Muslims took part in the protest and demanded the rebuilding of the 16th century mosque ra/ed in Ayodhya on Dec 6.43 words
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280 1993-01-05 28 AP UPI KIEV, Ukraine Two former Soviet republics that have pledged to get rid of their nuclear inheritance but have yet to sign treaties endorsed by Moscow and Washington reiterated yesterday their intention to become non-nuclear states. The leaders of Ukraine andAP; UPI - 280 words
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Article38 1993-01-05 28 AP UTILE ROCk, Arkansas President-elect Clinton accepted Russian President Boris Yeltsin's summit imitation, but said such a meeting is not likely to be held until he and Congress get started on America's problems. APAP - 38 words
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137 1993-01-05 28 Reuter BtIJING China is planning to loosen curbs on the private sector and treat private enterprises and state corporations equally as part of continued economic reforms. The official China Daily said yesterday quoted Ma Yuankai. deputy director-general of the State Administration forReuter - 137 words
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276 1993-01-05 28 AFP AP lihlJlNG Cambodian leader Prince Norodom Sihanouk said here yesterday he would no longer cooperate with the UN presence in his country nor with the Phnom Penh government. In a message to the head of the United Nations Transitional Authority in Cambodia (Untac),AFP; AP - 276 words
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171 1993-01-05 28 AP NtW YORK The US economy will wriggle not leap ahead in 1993. hut the nation will still do better than Japan or Germany, according to a survey of economists published yesterday. The M all Street JournaTs semi-annual survey of 44AP - 171 words
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Article, Illustration811 1993-01-05 28 LOH HUI YIN; LOH HUI YIN - The Bottom Line LOH HUI YIN LOH HUI YIN The writer is BT's correspondent specialising on Thailand HIS OPPONENTS predicted that his government would fall within three months, but Thai Prime Minister Chuan Leekpai has confounded them. Mr Chuan will, by811 words
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256 1993-01-05 28 Reuter PARIS The Bank of Franco stepped into the currency market to defend the franc and economists said it will have a tricky few months ahead trying to fight oIT speculators without raising interest rates. The bank left its keyReuter - 256 words
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162 1993-01-05 28 Ar P KUALA LUMPUR Malaysian military policemen opened fire after two armed men entered a maximum-securit) defence complex and were seen near armoured vehicles kept on standby there, officials said yesterday. The motive of the pistolpacking intruders has not been ascertained by officials butAr P - 162 words
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Page 28 Advertisements
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Advertisement325 1993-01-05 28 fSingapore's most popular NitsukoMs Telephone System Jiangnan, picturesque and romantic, is one of the fastest-growing areas in China. It is strategically located south of the Yangt/e River and major cities here include Shanghai, Nanjing, Su/hou, Hang/hou. Wuxi and Ningbo. With the influx of increasingly numbers of tourists and investors from325 words
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Advertisement11 1993-01-05 28 UK Inc fares well after five years of downturn, Pg 1211 words
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Advertisement39 1993-01-05 28 SINGAPORE CONiM CI Distributor of the most sought after M Key Telephone System Tel: 278 7088 J Available Mondays to Fridays 12 noon to 2.30 p.m. For reservations, please call: 235-3344 ext 1120 l SHICAM»r Balmoral Boad Singapore 102539 words
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Shipping Times
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461 1993-01-05 29 Dexter Lee - By Dexter Lee SINGAPORE Singaporebased corrosion prevention firms are expecting 1993 to be a mixed year where the problem of a depressed tanker market could well be balanced by the growing offshore drilling and pipe-laying activity in the Asia-Pacific. This was the picture drawn461 words
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600 1993-01-05 29 South China Morning Post HONGKONG The International Shipping Federation has sent a strongly worded letter urging Indonesian authorities to step up their fight against piracy in a move to safeguard commercial shipping. The call also follows charges by Indonesian authorities that theSouth China Morning Post - 600 words
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880 1993-01-05 29 Page Col ABC Containerize 12 I Accord Group 8 1-3 •APL 5 3-5 Alpha Feeders 6 1 •ANL 3 1/2 •ASCL 5 5 Avant Shpg 6 4/5 Avia Airways 14 4 •Bait Orient Line 7 4/5 Bangladesh Shpg 9 3 •Bank Line. I880 words
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Article, Illustration422 1993-01-05 29 AFP TOKYO Two Buddhist monks launched a hunger strike in central Tokyo yesterday, the eve of the expected arrival of the Akatsuki Mam in Japan loaded with 1.5 tonnes of plutonium. The demonstration coincided with press reports that the plutonium carrier was due to arriveAFP - 422 words
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407 1993-01-05 29 NYT TOKYO To ship plutonium from France. Japan is expected to pay at least 23 billion yen (SS3O2 million), a price that includes building and chartering the transport ship. The Akatsuki Maru. carrying 1.7 tons of plutonium oxide comprising a ton ofNYT - 407 words
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Article, Illustration1204 1993-01-05 30 Nirmal Ghosh - Nirmal Ghosh examines possibly the worst oil tanker accident in history, and its wider meaning for the shipping industry Nirmal Ghosh AT sam on the morning of Dec 3, the 54.000 tonne Greek combination carrier Aegean Sea, entering the harbour at La Corunna on the1,204 words
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Article1037 1993-01-05 30 COURSES 1993 From Jan 20 (8 evenings): Import/Export and Shipping Procedures organised by ELIM Management Services (SDF 50%). For course details and application forms, please call *****70. Shipping courses organised by Singapore National Shipping Association. Feb 3 Apr 7 (10 evenings): Effective Written Communication in Shipping Management (SDF1,037 words
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Article11512 1993-01-05 38 This is a list of ships loading at Singapore for ports around the •vorld. It tabulates, by destination, he name of the ship, the shipping me involved and the estimated Jates of arrival and departure from he Port of Singapore. .EGEND PN: ship calls at Penang aler11,512 words
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Article3399 1993-01-05 43 A X m.K< ontainerline N\: Bclmii Shpg Agcncies Ptc Lid (SVMannc Handling Sdn Bhd (PKPN). Vccord (•roup: Accord Shpg Ptc Ltd (SV Accord Contr Line (PK PN) Vdkris Business Corporation Philippine Calsource Shpg Trdg Ptc Ltd (S) Vhrenkiel I jiHf Scnin: Kim Shpg Trdg <S». Vlhutros Sea- Vir3,399 words
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Article286 1993-01-05 43 Xbacus uurkts Tel: 545-8011. Fax: 545-1898. Air Kxpress I ravel Tel: 533-5771. l av 535-6144 Airborne Freight C orporation Tel: 542-8844. Fax: 542-3716 *****80. Airswift W <>rld»ide ourier Tel: 278-0188. Fax: 273-8283. AJS Supplies Tel: 7 48-6322 (2 lines). 747-7421. Fax: 742-8975. Citv-I ink International Tel 344-3377. Fax:286 words
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Article1487 1993-01-05 43 Vbex F.xpress Freight Tel: 542-7171. Fax: *****84 Actinic Forwarder Id: 225-1833 Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Verolink Freight International Tel: 545-8033. Fax: *****05. Verospeed lei: 542-5911 Fax. *****18. Air Cargo Novo Fxpress Tel: 542-5454 Fax: *****06 Air Fxpress International Tel: 542-7666. Fax: *****74. *****50. \ir1,487 words
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Article1293 1993-01-05 44 ALBANIA Durres: One vessel in port discharging bulk wheat. ARGENTINA Rosa Rio: Three vessels in port, however none of these operating; 1 vessel in roads awaiting documentation clearance. Villa Constitution: one vessel in port awaitingorders. AUSTRALIA kooragang: One vessel loading; 3 waiting; 4 vessels due by Jan 9;1,293 words
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Article631 1993-01-05 44 SHIP SALES TANKER RATES The information was contributed by Simpson Spence Young AFP There has been a flurry of activity in the past couple of days with a number of significant deals being reported especially on the tanker side. VESSELS SOLD FOR FURTHER TRADING Bulk carriers Alexita: 122,522 dwt andThe information was contributed by Simpson Spence & Young; AFP - 631 words
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Article553 1993-01-05 44 ARRIVALS Op Flight r>pe ETA T From TODAY NCA KZ203 B747F 0145 1 NRT KAL KE697 B747F 0150 1 SEL JAL JL617 B747F 0345 1 TYO SIA SQ835 B747F 1125 2 BSL/DXB RJA RJ024 B707F 1900 1 AMM/DXB CLX CV796 B747F 2115 1 LUX/AUH/KUL TOMORROW AZA AZ997553 words
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Article551 1993-01-05 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp Name of Vessel ETA LID Ports of Calls Port Agent t elephone No JANUARY 04 06 Golden Odyssey 1400 1800 Asean Cruise Singa Ship Agencies 224-4308 05 06 Fantasy World 1000 1900 Asean Cruise Laun Sons 227-8284 06 06 Regent Spirit 1400 1900551 words
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SHIPS IN PORT
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Article580 1993-01-05 45 Vessel Voy No Berth Arrival Departue Vessel Voy No Beftti Arrival Departue Jurong Port New Hirotsuk 1/93 P09A alongside 05 01 1800 ASl 15 B 3 12 alongside 0512/2315 Palembang 4304EB P07 alongs.de 06 01 2300 Lucoraa No 2 1A/93 12/3 alongside 05.12/1700 Spring Star 14/92 P04580 words
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Article1910 1993-01-05 45 DELIVERY )F FCL IMPORT CONTAINERS IN PROGRESS snp Voy No Containers avaiaWe Slip Voy No Containers avaiaWe K Jespersen 02MF93 COD(EST) 04 01.93 1500 Vigour Luzon Venabu 8ANB *****3 0000 Ratana Valai 04S COD(EST) 04 01.93 1500 40-040 03.0193 0730 Kaga 27/352 COO(EST) 04 01 93 1500 Saigon1,910 words
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Article, Illustration426 1993-01-05 48 Ramesh Divyanathan - By Ramesh Divyanathan SINGAPORE Faced with falling profits and waning prospects for growth, Japan's second largest car maker Nissan Motor Co Ltd plans to cash in on the expanding automotive market in South-east Asia by specially designing a car for the region.426 words
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601 1993-01-05 48 Discount fares may be offered between six cities Bloomberg WASHINGTON By the end of May. a start-up air carrier called Family Airlines lnc could be offering discount fares between six US cities. "We plan on easing it in cautiously," said Alan Loflin, aBloomberg - 601 words
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436 1993-01-05 48 Reuter LOS ANGELES Chrysler Corp and Norvick Technologies Inc unve.led a prototype fast charging system for electric vehicles last week that the companies hope will become the industry standard. The system allows quick charging of any type of battery lead acid, nickel-cadium andReuter - 436 words
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307 1993-01-05 48 AP BARI. Italy The first heavy snowstorms in the south in years shut down Bari's airport, delayed trains for hours and even thwarted skiers last Sunday as drifts and ice forced police to close roads to ski resorts. After several days of snowAP - 307 words
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319 1993-01-05 48 Bloomberg CHICAGO The Federal Aviation Administration (FAA) has taken steps that could increase the use of commuter jet aircraft at Chicago's O'Hare International Airport, a move championed by American Airlines since 1990. The agency has proposed to end its own two-yearBloomberg - 319 words
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LOG BOOK
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Article66 1993-01-05 48 ATHENS Greek shipowner Spvros Mylonas. head of lonian American Maritime SA. will buy the state-owned Neorion shipyard on the Aegean island of Syros for USS9 million (5514.7 million), the Hellenic Industrial Development Bank (ETBA) said. A spokesman for ETBA. the shipyard's largest creditor, said lonian66 words
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Article70 1993-01-05 48 BAGHDAD A Maltese-registered freighter has become the first ship allowed to leave Iraq since UN sanctions were imposed after the invasion of Kuwait, a port official said. The 26,772 tonne Sea Music left the port of Umm Qasr for Dubai on Friday after receiving70 words
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Article75 1993-01-05 48 TORONTO Canadian National Railway Co said the railway will continue to sell assets and cut jobs to return the state-owned company to profitability. CN North America is expected to post a pre-tax loss of CS9O million in 1992. the railway said. "Major decisions will be75 words
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Article79 1993-01-05 48 BUENOS AIRES A tender held to sell an 85 per cent stake in Argentina's merchant fleet company ELMA attracted no bidders. Transport Secretary Edmundo Soria said. Another tender held in August to privatise Argentina's flag merchant fleet had also failed to find any bidders. Mr79 words
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Article, Illustration37 1993-01-05 48 CHICAGO Firemen checking out a multitude of vehicles that piled up on Chicago's Kennedy Expressway after freezing rain coated the roadway last Saturday. At least 62 persons were reported injured in the mishap.37 words
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Article1343 1993-01-05 48 Cttjr ETA Fight HP Mm Dhabi GA887 1230 GA892 0100 GA893 1400 GA886 2340 MeUtfe QF81 1935 QF82 2050 Amsterdam GA893 1400 KL838 0040 KL837 1515 GA892 0100 SQ323 1815 SQ338 2300 Attorn SQ348 2300 Auckland N735 1425 SQ288 2045 SQ286 2045 NZ36 2235 Bahrain GF1481,343 words
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Page 29 Advertisements
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Advertisement13 1993-01-05 29 m m onagers AAusi i W lanage BT shows you how every Monday.13 words
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Advertisement36 1993-01-05 29 Lesson from j Aegean Sea, Page 21 Nissan to develop new car for SEA, Back Page Lines and services represented by Members el the Registry ot Accredited /|jflB9KY\J For adwrlLUng enquiries contact Shipping Timet Tel 740-2089/740-2090.36 words
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Advertisement57 1993-01-05 29 International Freight Forwarder EUROPE LCL 8c FCL Services M+R FORWARDING PTE LTD COfrMfeP MacGREGOR XtMEJ. ImIWiWRBI c a BOTTOM FOUNDATJONS LASHING INTERMEDIATE BOTTOM STACKERS POINTS TWISTLOCK, BRIDGE FITTINGS Jp 1 I /k (if LASHING UNITS FITTINGS LATERAL SUPPORTS CELLGUIDES SPEC. CONSTRUCTIONS Ljj> RO-RO/LO-LO EQUIPMENT LIFTING GEAR HAWSE PIPES OTHER SHIP57 words
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Page 30 Advertisements
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Advertisement27 1993-01-05 30 The Baltic Exchange Report was not available. N®T SURE WHERE T® PUT Get the answer in Personal Investment Finance. Every Saturday in Business I imes Business Times27 words
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Advertisement9 1993-01-05 30 Port Conditions, Page 16 Ships In Port, Page 179 words
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Page 30 Miscellaneous
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Miscellaneous694 1993-01-05 30 TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 1000 1100 1200 1300 1400 1500 1600 1700 1800 1900 2000 2100 2200 2300 at 1.6 1.5 1.4 1.5 1.6 1.9 2.2 2.5 2.7 2.7 2.5 2.2 1.8 1.4 1.1 0.9 08 09 1.1694 words
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Page 31 Advertisements
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Advertisement4077 1993-01-05 31 mmm OOCL (S) PTE LTD JARDINE SHIPPING AGENCIES *****11 FAX: *****09 %llIMr BOOKINGS TEL: *****34 *****58/ *****40 IflllllH CFS (PSA F5) TEL: *****21/ *****79 P 883 J PESAKA SHIPPING AGENCIES SDN. BHD. L Vftftf J PORT KELANG TEL *****18 FAX: *****91 *****88 A .A 0 PENANG TEL: *****4 FAX *****14,077 words
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Advertisement444 1993-01-05 31 For advertising enquiries, contact Shipping Times: Tel 740-2089/740-2090 f^UASC/| ARAB SHIPPING CO. (SAG) jfj BjßLjgt aI m M aw I w] H nsMmn 401 nn ire 12/02 H HWI *0090 ?3.«1 *02 20 02 I/M 1M H SMTttOMNOOM MI U 11/U 12 M O H M IHMOM NOOIW 17.02 24444 words
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Advertisement1291 1993-01-05 31 ■k il.'.M j;U!l.l.'U IMPROVED SERVICES TO WEST AFRICA WEST MEDITERRANEAN TWICE-WEEKLY DEPARTURES FASTER TRANSIT TIMES Vessel Voy ETA ETO Feeder by See Lark /Aries DESTINATIONS H I iHBaaBttUBUBiI CFS 11/1 2359 MRS JOH LPK PEN OAK LQB HOU SOO ATL MIA CHS BAL PHL NYC ARC TOR MATHILDE MAERSK 93021,291 words
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Page 32 Advertisements
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Advertisement1583 1993-01-05 32 AQABA R DAM/ [i VOY NO S PORE JEDDAH (via JEO) S TON H BURG ANT HAVRE KASUGAI 24/153 7/1 23/1 26/1 24/1 1. AU MCSTBOUW LEVERKUSEN EXPRESS 10/353 9/1 18/1 24/1 27/1 30/1 1/2 3/2 PORT KELANG t POMMS KITANO 17/301 16/1 26/1 1/2 3/2 6/2 8/2 10/2 CAKO1,583 words
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Advertisement585 1993-01-05 32 FCL Break bulk Service to: AFGHANISTAN M&M Afghanistan Ltd., Sole Foreign Forwarder in Kabul for all services C.1.5.-Vostochny, Vladivostok, Moscow, Tashkent, Kiew, Minsk, Riga, Baku North Korea Vietnam Mongolia Hungary CSFR Poland ocwrans AGENCIES (FAR EAST) LTD NOUAKCHOTT-BANJUL BISSAU-LUANDA-BATA Feeder Vessel ETA SIN VILLE DE VEGA A. ABRAHAM 17/01 VILLE585 words
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Advertisement1198 1993-01-05 32 EH&oaaoxA ura EXPRESS LCL SERVICE DEPARTING EVERY SUNDAY WE ARE PLEASED TO ANNOUNCE NEXT SAILING: HY CHALLENGER VOY: 302W ETA SINGAPORE 10/01/93 LCL CARGOES CAN BE ACCEPTED TO THE FOLLOWING DESTINATIONS TRANSIT UNITED KINGDOM FELIXSTOWE 23 DAYS GERMANY HAMBURG 20 DAYS THE NETHERLANDS ROTTERDAM 19 DAYS BENELUX ANTWERP 20 DAYS1,198 words
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Advertisement2163 1993-01-05 33 W STRAITS SHIPPING PTE LTD AEM 10 Hoe Chiang Road #11-01 Keppel Towers Singapore 0208 Tel: *****88 Fax: *****17 tßjr Bts swpf** LW ACCEPTS I CONTAINER SERVICE TO CAHBOOIA I CARGO OUt SAHS RAJAH BROOKE VOIE Muju lab 05 06 lan 06 lan 07 lan KRIS MADURA VOIE KK. Skan.2,163 words
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Advertisement2513 1993-01-05 33 tfcLX A SINGAPORE AGENT: PXtII 1 AntQiriPl*C P&O Containers (Singapore Agencies) Pte Ltd M VjUllldillVl 9 10 Hoe Chiang Road #07-01 KEPPEL TOWERS, SINGAPORE 0208 ■PVl* Tel: 225 2233 Tetex: RS ***** PNOCSP Fax: 225 5327/222 7517 W y»' CR Number **********0Z EXPORT IMPORT yj VESSEL wo* 'PMO -PKO SIN2,513 words
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Page 34 Advertisements
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Advertisement686 1993-01-05 34 I DJAKARTA] V^^ILLOtfDSIS I INDONESIA NATIONAL UNE TO EUROPE rVxPWFSS SERVICE I wl I not stw mm mm hmc J wot* I wnwmf~ SAtWIIAYA it we 24/2 1/3 "IT/3 11/3 23/3 L TO AUSUAT—R. EAST COAST POBTS Wl/VOY m STOUE SYO Mtlß I BUW BHIS MHO AUST»AIIA/40>01 »/l 21/1 4/2686 words
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Advertisement1684 1993-01-05 34 HANJIN SHIPPING El* Wl I SM I LINE HAUL SEA VC* fDR VSI SIN lit* HAUL $AV IM NYC HI KWANGYANG 097E 11 1 H KEELUN6 040E 4/2 5/2 HANJIN 0971 Ji m mfflftliM MT iM 2X12 HA NUN KUNSAN 083E 18 1 H MASAN 076E 11/2 12/2 mi if1,684 words
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Advertisement1419 1993-01-05 34 Cs9 d IH" I I. %cr RSG mc MG WI 0» WT sw 110 LU CM 6N mc irn im IW lir IK r» cw nw I t a oat kom s/i «/i 11/1 iJ/i is/i in 111 211 hi n/i bi 52 17/2 is 2 202 2,3 3/3 431,419 words
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Advertisement1582 1993-01-05 35 II PLEASE DIAL 1-800-*****00 H I TO PNW- tiS4 POtNTS I 70 CALiFORHU •US CWJ HOAMO POiMTS ATLANTIC VM MLB J U FEEDER VSL VOY SGP MOTHER VSL VOY SET PLD MIN/ VESSEL VOY SGP LOS OAK VAN CHI UAL/HOI' MPH ATL NYK I !,r L N DIAMOND 10K 08/011,582 words
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Advertisement1180 1993-01-05 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKINGS: BALT ORIENT LINE: *****64 FESCO: *****06 BLASCO ODESSA: *****51/*****31 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 JAKARTA: *****57 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 MARINE INSURANCE SERVICE: *****87/ *****87 (REGULAR INDEPENDENT SERVICE) FULL CONTAINERSHIP SERVICES EASTBOUND—DISCHARGING WESTBOUND -LOAONC TRANSHfPED1,180 words
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Page 36 Advertisements
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Advertisement1470 1993-01-05 36 i— AS AGENTS: KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) mm TEL: *****77 TELEX. KAWAKI R*****5 FAX' *****07/8/9 W W MALAYSIA: "K" LINE MARITIME (MALAYSIA) SDN BHD TEL: SA *****00 PK *****75 PEN *****0 JB *****1 PGU *****5/6 I M. INDONESIA: P.T. SARANA LAUTINTERNUSA, TEL: JKT *****76 57^Aj*****08 KAWASAKI1,470 words
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Advertisement1229 1993-01-05 36 PHILI-ORI€NT LI MS PTC LTD 1 08 Robinson Road #07-00 GMG Building Singapore 0106 1 Tel: *****22/*****69/*****00 Telex: RS ***** Fax: *****76/*****38 flgS BY AIR, LAND OR SEA.... WE TAKE ON THE WORLD FOR YOU WftS MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Sor —\~AUSTRAUAMEW ZEALAND/SOUTH PACIFIC FCULCL SliHf{gT--08 JAN SYDNEY.1,229 words
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Advertisement843 1993-01-05 37 PACIFIC INTERNATIONAL LINES (PTE) LTD] 140 Cecil Street. #03-00 PIL Building. Singapore 0106. SSSSSSSS U V CR NO **********0E I VESSEL VOY SIN HKG SIN CMB JIB HOD JED AQJ KOTA SINGA SGAOI9 1 14/1 21/1 23/1 21, l KOTA WIRAWAN WRNOI9 14/1 IS/1 22/1 28/1 31/1 2/2 KOTA WIJAYA843 words
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Advertisement1216 1993-01-05 37 WEEKLY LCL SERVICE NORTH EUROPE EVERY TUESDAY FOR THE FASTEST TRANSIT TIMES IN THE TRADE CALL:BEN LINE AGENCIES (S) PTE LTD TEL: 225 3522 BOOKINGS: NOELLE TAN TS CHOW/ YEA SHYUAN OR EAC TRANSPORT AGENCIES (M) SDN RHD BOOKINGS: ANGELINE TAN SHAH ALAM TEL: *****49 001 ARK KHIANG PENANG TEL:1,216 words
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Advertisement314 1993-01-05 37 I BSA TRANSPORTATION M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI9IW In Port PATHEIN VI2IW 7/9 lan HPA AN VIBSW 12/14 lan 6/7 lan MAUrSIA AGENTS BOUSTEAD SHIPPING AGENCIES KUL lEL 03-*****00 PKI TEL 03 *****67 PEN TEL 04314 words
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Advertisement2643 1993-01-05 40 Full Container Liner Services Malaysia's Ajents: Indonesia s Agents. General Agents: Booking Agents: Cuan Cuan Shipping Sdn Bhd Chung Chi*o Shipping Sdn Bhd M. Global Putr3 lndonei,a H'"time Costar Shipping Pte Ltd Shipping Freight Booking Centre Sdn Bhd 58 Persiaran Raja Muda Musa Lot 3.34. 3rd Floor, 111/14 2 Mistri2,643 words
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Advertisement665 1993-01-05 41 lipping times, luesaay January a iwa ——=1= (fc FAMOUS CONTAINER LINES 10 ANSON RD. #15-21 INTERNATIONAL PLAZA, S'PORE 0207 I HOT LINE: *****33 (24 LINES) I LIM ASSOL/PIREAUS 6/1 ROTTERDAM 6/1 I HAIFA/ASHDOD/ALEXANDRIA 6/1 HAMBURG/BREMEN 6/1 MARSEILLE/FRANCE 6/1 FELIXSTOWE/UK 6/1 I BARCELONA/SPAIN 6/1 LEHAVRE/ANTWERP 6/1 I Genoa/Italy 671 gothenburg/scandinavia 67T665 words
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Advertisement757 1993-01-05 41 RICHFIELDMARINEAGENCIES (S) PTE LTD TEL: *****33 (12 Lines) n* FAX: *****15/*****03 toj TELEX: RS ***** RISHIP (3 Lines) \SS ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOV ETA (LOADING FOR SPORE NEI SANE T B 01 OAHESSAI AAM MOMBASA DJIBOUTI AT,SAB MASSAWA ABYOI V)Wb 27757 words
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Advertisement1001 1993-01-05 41 JAKARTA BANGKOK VESSEL VOY 1 SIN KT j >SSEI 1 VOY SWWOIg BANGKOK NANA BHUM 174S 6J 1/1 PIYA BHUM 266N Tut 5/1 fri 1/1 Kill BHUM 12S l/l 12/1 VWA BHUM 28N Wed 8/1 S«J 10/1 BENIA BHUM 60S 9/1 13/1 MAHA BHUM 139N Wed 8/1 Sm 10/1 NANA1,001 words
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Advertisement1435 1993-01-05 42 groupage PENANG (04) *****6 SIBU: (084) *****9 KUCHING: (082) *****3 > P.KELANG: (03) *****77 JAKARTA: (21) *****32 SURABAYA: (31) *****0 HKG/TWN/BKK I GOTH/U.K/MED PORTS PEN PKL SIN PtN PK SIN 6/1 7/1 8/1 Honi Kon* Ldn/Fl*/Rdm/Ant/LHV 7/1 8/1 9/1 10/1 11/1 12/1 Honi Konj G'burg/C'hagen/S'holm/Osk) 10/1 11/1 12/1 13/1 14/11,435 words
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Advertisement235 1993-01-05 42 IP* BLUE STAR LINE I SINGAPORE TO AND FROM NEW ZEALAND AND PACIFIC ISLANDS SIN ML LYT SIN PROSPECT 22S «/l IS/1 20/1 6/2 N2 STAR 5S 19/1 31/1 2/2 19/2 PREMKR 22S 29/1 10/2 12/2 1/3 FULLY CONTAINERISED SAILINGS DISCHARGING AT AUCKLAND, LYTTELTON, ACCEPTING FCL LCL FOR NEW PLYMOUTH.235 words
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Advertisement967 1993-01-05 42 THONG SOON UNES PTE. LTD.] J!: 77 ROBINSON ROW) #15-00, #16-00 SW BUILDING SINGAPORE 0106 TEL: *****88 FAX NO: *****11, *****22 TLX: RS ***** CARRER, RS ***** JENHOL CABLE: TOSOCO I CONVENTIONAL/CONTAINER CONTAINER SERVICES "1 SINGAPORE TO SARAWAK SINGAPORE TO WEST MALAYSIA VESSEL Ivor IS'POIE IPEST VESSEL VOT SPORE P.967 words
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Advertisement7 1993-01-05 44 Advertising Marketing every Thursday in Business Times7 words
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Advertisement128 1993-01-05 45 B|H t i^^^^^^^^Bß^^3BsP^i^HßßPßßßßSfe3HllHHß^^^'^^»^' 1 Ws* J >• V! 7VSF; Scalpel...scissors.„sutures_ Business Times Wheth<»r you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you ro.'ed to be kept well informed to maximise returns on Essential information accessible every business day your 'money. through Business Times. In128 words
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Advertisement767 1993-01-05 46 i. cosco UKC CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 28/1 Rotterdam/ Antwerp CHINA CONVENTIONAL SERVICE VESSEL PKL PNG P G LOADING FOR A VESSEL 15/01 20/01 Huangpu/Guangihoo COSCO FULL CONTAINER SERVICES (FCL/FCL) EXPORT TO: CHINA/BANGKOK/HONGKONG EUROPE/CONTINENTAL WEST MEDITERRANEAN AUSTRALIA US WEST COAST PERSIAN GULF/KARACHI Please767 words
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Advertisement210 1993-01-05 46 J EES FREIGHT SERVICES PTE LTD #01 -60 Wallich Building, Wallich Street, Singapore 0207 Tel: *****66 (10 Lines) Fax: *****69/*****44 I VSL: "PLANETA" I I vSL: "NANTA BHUM" I I VSL: ACE CONCORD" I I V.130 II V.123N V.29E I I ETD SIN. 8/1/93 I I ETD SIN: 9/1/93 I210 words
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Advertisement396 1993-01-05 46 crosswater] KM) OFftCf 291 StMNGOON ROM) #04-00 StRWGOOH BULOMG SI0I21) NABHOIIS (OS) BLK J7 #04-25,26 T6 M6M fHIGHT STATION Til *****05 M<ONGirONG/CHlNA^^^Tll7l =n M 9/T" I PT KELANG/PENANG 11/1 I TOKYO/YOKOHAMA 11/1 ■D3niSiH333!HHBHBO3ZI_ BUSAN 11/1 USA 1 10/1 6/1 I SUVA/LAu'3o/1 *****81 Tlx: RS ***** Fax: *****03^ MVBINTAN6 MAS SHIPPING396 words
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Advertisement350 1993-01-05 46 WORLDGATE EXPRESS LINES PTE LTD 'Omr''- Tel: *****11 Fax: *****73 Telex: ***** WGATE WEEKLY CONSOLIDATION PORT LOUIS NEXT VESSEL ON 10/1/93 NATIONAL EXPRESS I FORWARDERS (S) PTE LTD 133 NEW BRIDGE ROAD #14-02 CHINATOWN POINT SINGAPORE 0105 TEL: *****86 (6 LINES) FAX: *****58 WEEKLY CHINA CONSOLIDATION 88! ZHANGJIANG SHENZHEN XIAMEN350 words
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Advertisement1096 1993-01-05 47 A HYUNDAI I MERCHANT MARINE CO. LTD. WESTBOUND TO EUROPE VESSELS PNA+ PWE+ PGD+ SW RTM *NT» LEH* H*M BREt FEL H. CHALLENGER 302W~ 7/1 8/1 9/1 10/1 29/1 29/1 30/1 31/1 31/1 2/2 OOCL CHARISMA 303H 14/1 15/1 16/1 17/1 5/2 5/2 6/2 7/2 7/2 9/2 H PIONEER 301W1,096 words
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Advertisement510 1993-01-05 47 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS INBOUND VESSELS VfSSCL m 3 m MC *R mi shu* u '/I 11/1 COSMC nOIKIR 27 1/1 M/l 1M ASIAN ami II "'T 31 IX DALIA KOI A 14 l/I I*l T ANNUO (HAS > StRRA MAMIE 1 M/l ASEAN TRADER510 words
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Advertisement1314 1993-01-05 47 I OUR USA I lm>hi KM r*l Iteflw »MWI »0I HI OH MXI HI CM NW MM HTC SERVICE CALLS I GURU MM 7*43 «01 MIKaA'OO HClo*' MIW M 0? 01 24 01 27 <1 27 01 27 01 27 01 29 01 21 01 29 01 SINGAPORE lon MJM1,314 words
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Advertisement42 1993-01-05 48 IffsWNALYSIS Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.42 words