The Business Times, 9 August 1999
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1999-08-09
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The Business Times
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Title Section14 1999-08-09 1 THE BUSINESS TIMES MfTA(P) 046/12/98 7 85c SINGAPORE Internet: http://business-times.asial.com.sg/ MONDAY, AUGUST 9, 199914 words
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Article58 1999-08-09 1 STOOL MAHET nomas Wsk ChMge an »imhm -vim swsa FimjRES.-28i.oi -ltie BTSHI 780J8 -».7J KLSE00MP 703.09 -tt.il NIKKEI. 17,***** -777.# HANG SENG... 1S.1I7.II -1180 SET INDEX 437.04 -1177 JAKARTA COUP- 807.84 +»J7 MANILA COMP 1117 TAIPEI WPL 7,049.74. -277.11 SEOUL COMP. 938.26. -3146 CLSA CHINA B. Unavailable. AUST58 words
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Article77 1999-08-09 1 FOBEX BATES USt SI US$ 1J7I £(USS/S$ per 1.618 17*4 EURO(US$/S$ per E) 1.974 1.7% DM 1.821 8J18 YEN 114.4 1.463 .im 0.44a 7.7a 1115 BAtf? 17 ii 0.046 TOhAH 6,996 0.884 •SI to M units FUME RATES SINGAPORE* MO KUALA LUMPUR 116 JAKABA 40.00 BANGKOK 10.00 MANILA 11.0077 words
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Article25 1999-08-09 1 SINGAPORE 2 REGION .3 MEND .5 WORLD 6 TV 7 BUSINESS IT 8-11 COMPANIES 12,13 FINANCE 14 COMMODITIES 15 MARKET REVIEWS 16 STOCKS 17-2025 words
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614 1999-08-09 1 Neil Behrmann - Crossßorder Capital sees total inflows reaching USsloob this year, compared with USs9Bb in 1996 From. Neil Behrmann in London NET foreign direct investment (FDI) and portfolio flows into the Asia-Pacific region this year will revert to pre-crisis levels, according to estimates614 words
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Article, Illustration606 1999-08-09 1 Fears sparked by rise in jobs, wages, slower productivity FT [LONDON] Once again, the clouds are gathering over Wall Street. This time last year, it was the contagion effect of external woes the Asian recession and Russia's debt default that knocked US markets,FT; Source: Bloomberg - 606 words
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Article, Illustration62 1999-08-09 1 [BEIJING] A Chinese cyclist admiring Maserati 3200GTcars during their launch outside the Great Hall of the People in Beijing last Friday. The Italian-made cars sell for more than one million yuan or Ss2oo,oooeach before tax. That keeps them out of reach but to theREUTERS - 62 words
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Article, Illustration425 1999-08-09 1 Carol Eng - Persevere with cost-cutting to help recovery: PM Goh ByI Carol Eng [SINGAPORE] The government has raised its economic growth forecast for this year to 4-5 per cent following a strong 6.7 per cent expansion in the second quarter, the fastest growth425 words
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544 1999-08-09 1 But it warns US economy will slow; Japan not yet on way to sustained growth Reuters [LONDON] The outlook for the world economy is improving and Asia is leading the way as the region's recovery from the crises of 1997 and 1998 accelerates, theReuters - 544 words
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Page 1 Advertisements
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Advertisement108 1999-08-09 1 DIBDMB Companies A Markets Today's Companies pages are in the main section of the paper, Pp 12-20 Neutral ibnt STpcre stocks US investors bought US$2.l billion worth of Singapore equities in Ql, down 16% from the same quarter last year. But they were almost neutral in that they sold only108 words
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Advertisement8 1999-08-09 1 Full text of PM Goh's message, Pg 28 words
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SINGAPORE AT HOME & ABROAD
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574 1999-08-09 2 Chee Hean says Nathan is wise, knowledgeable, with very balanced views The Straits Times GOVERMENT ministers yesterday endorsed SR Nathan as eminently qualified to be elected president, with his considerable experience in government, the private sector and his common touch. HomeThe Straits Times - 574 words
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332 1999-08-09 2 Carol Eng - EYE ON THE ECONOMY Commerce By i Carol Eng SINGAPORE charms its visitors more than four in five first-time visitors say they intend to return to Singapore in the future. The actual proportion is 82.5 per cent, and is higher than the corresponding fig- ure332 words
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1292 1999-08-09 2 TOMORROW (today) we celebrate our 34th anniversary of independence. We have much to be proud of. Despite the tough conditions of the past two years, Singapore has made steady progress, both in our economy and in nationbuilding. The Singapore economy is1,292 words
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Article, Illustration1069 1999-08-09 2 Corinne Kerk - Sinwa more than a ship supplier It has a repair arm and ship agency services and is going into corporate branding of its services By < Corinne Kerk LIKE many basic services, the ship supply business has that unfortunate characteristic of being completely unglamorous, and yet 100 per cent essential.CHRIS LOH - 1,069 words
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Page 2 Advertisements
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Advertisement85 1999-08-09 2 iuSQr-y niimij T-JL^yj AUSTRALIA sth Intake: Oct 99 i|Hi Specialisation M II •Marketing SiK( H Project Management General Management B Information Systems Doctor of Business Administration Human Resource Management USQ students enjoy excellent graduate placement (ratio 5 out of 5) as reflected in the 'Good Universities Guide to Australian Universities'85 words
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Advertisement4 1999-08-09 2 Celebrating Singapore's Enterprising Spirit4 words
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Advertisement27 1999-08-09 2 Enterpriser is an annual ranking of the top 50 privately-held Singapore companies and is organised by BTand Andersen Consulting with the support of the Economic Development Board27 words
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THE REGION
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Article, Illustration515 1999-08-09 3 TAIPEI Analysts foresee more losses from row with China over claim to statehood AFP THE Taiwan bourse has shed NTS2.OS trillion (*****.6 billion) over the past month amid a row with China sparked by President Lee Tenghui's claim to statehood, with analysts predicting more lossesAFP - 515 words
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268 1999-08-09 3 David Murphy - It pledges to protect investors, blames Lee for tension From David Murphy in Beijing CHINA plans to issue new regulations governing Taiwanese companies on the mainland and is blaming President Lee Teng-hui for endangering Taiwan business ventures. The protection of Taiwan investment,268 words
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Article, Illustration567 1999-08-09 3 TOKYO AFP THE collapse of a sixth Japanese bank in a year signals the depth of bad-debt problems that still plague the country's financial sector, analysts say. Namihaya Bank, based in the western Japanese city of Osaka, was declared insolvent on Saturday,AFP; FILE PHOTO - 567 words
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226 1999-08-09 3 SHANGHAI Reuters, Bridge News A CHINA Eastern Airlines plane bounced hard and veered off the runway on landing at Shanghai airport yesterday, leaving some passengers bruised and shaken, but without serious injuries, witnesses and airline officials said. The crew and 116 passengersReuters,; Bridge News - 226 words
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165 1999-08-09 3 BEIJING Reuters CHINA said over the weekend its state-owned assets were worth 8.22 trillion yuan (551.65 billion) at the end of last year, up 13.8 per cent from a year earlier. It had 9,357 large stateowned enterprises, including 113 companiesReuters - 165 words
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258 1999-08-09 3 TAIPEI Trade surplus comes to USs6.7b, np from USs2.2sb in same period a year ago AFP TAIWAN exports were up 6.3 per cent year-on-year in the seven months to July due to strong demands in Asia, official data showed. Exports in the seven monthsAFP - 258 words
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Article, Illustration578 1999-08-09 3 JAKARTA Megawati ally indicates readiness if group of political parties asked AFP INFLUENTIAL Muslim leader Abdurrahman "Gus Dur" Wahid is prepared to be nominated by Islamic parties to run as the next Indonesian president opening the way for a three-cornered race, reports saidAFP - 578 words
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Page 3 Advertisements
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Advertisement55 1999-08-09 3 Make mountains out of molehills. With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). Call C.A.T.S. at 1800-737-1166. CATS." g 3 Buy55 words
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Page 4 Advertisements
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Advertisement105 1999-08-09 4 ACHIEVER OF THE YEAR 1999 Honoured/y for fi i s U€ ?)i€ xts >*- Mi,v-• f/j| i Vlpf n. I*l, 11 1 t 1 FliT!> T t ]|f^^i^feli^H!HMß^. m M iiiiif iiMM in > m| Hb 4fc-jP;M «,^H |M DR MANSOOR BIN ABDUL JALIL For his outstanding academic performance and105 words
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ASIA ON THE MEND
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Article, Illustration584 1999-08-09 5 Ibra dy chairman's suspension is necessary to ensure objectivity of its inquiry, it says AFP [JAKARTA] The deputy chairman of Indonesia's Bank Restructuring Agency (Ibra) will be suspended for suspected involvement in the US$BO million (*****.6 million) Bank Bali scandal, aAFP - 584 words
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263 1999-08-09 5 EPA chief pessimistic about Japanese economy Reuters [TOKYO] Economic Planning Agency (EPA) Minister Taichi Sakaiya said yesterday he thinks Japan needs a 10 trillion yen (Ssl46 billion) rescue package with public works spending of 4-5 trillion yen. Speaking on TV Asahi, Mr Sakaiya saidReuters - 263 words
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320 1999-08-09 5 Consolidation may cause more harm than good: Kit Siang Reuters [KUALA LUMPUR] Malaysia's opposition leader yesterday cautioned the government over the merging of the country's banks into six. saying that it is management, not size, that counts. Lim Kit Siang, leader of the DemocraticReuters - 320 words
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Article, Illustration283 1999-08-09 5 Reuters [KUALA LUMPUR] Malaysian Prime Minister Mahathir Mohamad and US economist Paul Krugman, who both advocate some restraints on currency speculation, will jointly address a conference in Malaysia later this month. Dr Mahathir and Mr Krugman will chair a dialogue with selectedReuters; FILE PHOTO - 283 words
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Page 5 Advertisements
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Advertisement33 1999-08-09 5 This National Day, M m M M Mr m W M M w to our new office J Church Street #01-01 Capital Square Two Singapore *****0 Tell 395 Fax: 535 7159 Website: www.aberdeen-asia.com33 words
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THE WORLD
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WORLD Watch
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Article63 1999-08-09 6 AFP [NEW DELHI] India's ruling Hindu nationalists were euphoric over the weekend after an opinion poll predicted victory for its multi-party coalition in elections only a month away. Prime Minister AB Vajpayee's Bharatiya Janata Party said it was not surprised at the findings of theAFP - 63 words
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89 1999-08-09 6 AFP [WASHINGTON] Thousands of United States workers were deceived about their exposure to highly radioactive substances including plutonium in a federally-owned plant used to produce material for nuclear weapons, the Washington Post reported yesterday. Citing court documents, plant records and interviews with current and formerAFP - 89 words
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74 1999-08-09 6 Reuters [WELLINGTON] The New Zealand Commerce Commission said yesterday it was continuing to investigate domestic competition issues surrounding the global merger between British American Tobacco (BAT) and Rothmans International, despite their divestment plans. The watchdog said in January it would look into the merger—completedReuters - 74 words
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341 1999-08-09 6 SYDNEY Institutions warned not to try to talk down the share price ahead of the sale Reuters AUSTRALIAN Finance Minister John Fahey said yesterday that there was solid interest in the sale of the second tranche of telecoms company Telstra Corp. "The responseReuters - 341 words
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451 1999-08-09 6 SEOUL Latest plan unlikely to assuage worries of foreign creditors AFP MONTHS of uncertainty lie ahead for South Korea's Daewoo Group and for Seoul's economic recovery as officials and the debt-heavy giant wrestle over how to avert one of the biggest bankruptciesAFP - 451 words
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298 1999-08-09 6 SEOUL AFP ANGRY creditors are mulling punitive sanctions against South Korean giant Samsung Group for resisting pressure to make up for all losses caused by its crippled auto business, reports said. A meeting of creditors will be held this week to discuss financial sanctions,AFP - 298 words
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288 1999-08-09 6 Brian Gomez - It has fired most of its maintenance engineers By\ Brian Gomez in Sydney PAPUA New Guinea's national carrier, Air Niugini, which has weekly flights from Port Moresby to Singapore and to Manila, could today be barred from flying into Australia by288 words
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702 1999-08-09 6 NEW YORK Report showing growth in jobs and wages provide it all the evidence it needs Bloomberg A REPORT showing faster-than-expected growth in jobs and wages gives Federal Reserve officials all the evidence they need to boost interest ratesBloomberg - 702 words
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172 1999-08-09 6 BERLIN AFP THE McDonald's fast food chain and Volkswagen car makers are forbidding their staff to take a break during Wednesday's solar eclipse, Bild newspaper reported yesterday. "No break our customers want to be served as usual," McDonald's spokesman Matthias Baumgarten told theAFP - 172 words
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Article, Illustration74 1999-08-09 6 [ZEEBRUGGE, Belgium] Janus, the Roman god of public passageways and portals and of all beginnings, is being erected as preparations for Belgium "s biggest sand sculpture festival started last week. The Roman Empire revives during the Sand Sculpture Festival which will last from Aug 13 to SeptAFP - 74 words
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Page 6 Advertisements
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Advertisement10 1999-08-09 6 Daewoo will sell its shipbuilding arms, Shipping Times, Pg 210 words
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Advertisement6 1999-08-09 6 pianhelanhan itDE? ro*BJJBwv K if 1/6 words
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EXECUTIVE LIFESTYLE
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Article, Illustration301 1999-08-09 7 Reuters [LONDON) One of Britain's legendary drunks has been triumphantly brought back to life on the London stage byPeter O'Toole in a new production of Jeffrey Bernard is Unwell. A star-studded first night audience at the Old Vic theatre last Wednesday gave O'Toole, 67, a standingReuters; FILE PHOTO - 301 words
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Page 7 Advertisements
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Advertisement747 1999-08-09 7 Holiday Movie: Cool World, 11.15 am, Ch 5 A cartoonist gets zapped into his comic book world and gets involved with the characters he created. Bradd Pitt and Kim Bassinger star in this movie that combines animation with live action. Holiday Variety HI: World Wildest Magic, 4.00pm, Ch 5 From747 words
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Advertisement136 1999-08-09 7 Effect after one Laughing Buddha Martini I > Eastsidc 01 51 •)2 l I. Square on Mohametl Sultan I cl :ji o.pN Aue limits and dress code apply Cocktails Sushi Wines the 1» Revolving Restaurant! I AUGUST 1999 j PfIHH iM y Please call for reservations l Vj at 831-6258/88136 words
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Page 7 Miscellaneous
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Miscellaneous743 1999-08-09 7 TV&RADIO Premiere 12 8.40 Mr Bean Back To 11.00 The Prince Of Peace. 9.00 News Day. 5.00 Perspektif. School (r). 12.00 MN You're Under Ar- 9.30 Homes with style. 5.30 The Silver Brumby. 9.00 AM Chess Kids. 9.05 New Candid Camera. rest. 10.00 News Day. 6.00 National News. 10.00 SEA743 words
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Miscellaneous298 1999-08-09 7 CRYPTIC CROSSWORD Obviously on a torn dis- m H _H guise (10) W II 8 Turns leaves (4) 12 Never say a Welshman's name, we're told! (3) 13 Minute portions, but heaps to Slated about Navy chief that is biased (7) 18 To ride thus, I get on a box298 words
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BUSINESS IT
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Article, Illustration659 1999-08-09 8 Toh Han Shih - Alliance has some major e-commerce projects in Singapore and Malaysia By' Toh Han Shih [SINGAPORE] The Sun-Net-scape Alliance, a reincarnation of the old Netscape, is seeing triple-digit growth in Singapore and the region, reflecting how strongly electronic commerce is being taken up here. "ISIEW YAW HOONG - 659 words
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Article, Illustration544 1999-08-09 8 Kenneth James - More sales and marketing people are needed for focus areas By] Kenneth James [SINGAPORE] COMPAQ Computer Corp's planned layoffs won't affect the computer giant's Singapore sales and marketing team, which is, in fact, set to expand by at least 15 per544 words
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Article, Illustration887 1999-08-09 9 Toh Han Shih - Avation ads need no commercial breaks, appearing while programme is on By' Toh Han Shih [SINGAPORE] Local start-up Advent Television is offering a service that allows advertisements to be placed cheaply on TV through the Internet. Called Avation, the service887 words
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395 1999-08-09 9 LATWP [WASHINGTON] Telephone company executives are assuring the public that their US networks will operate on Jan 1, but they are uncertain about what might happen with systems in some other part of the world. Representatives from the largest US companies providing local, long-distance,LATWP - 395 words
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IT TAKES
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54 1999-08-09 9 SOFTWARE AG has appointed Tony Chew its Singapore managing director. In his new capacity, Mr Chew will oversee and expand Software AG's business operations in Singapore, Thailand, Indonesia, India and emerging markets. Prior to joining Software AG, Mr Chew was at KPMG, Cincom and Singapore54 words
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Article49 1999-08-09 9 LOTUS Development Asia Pacific has appointed Martin Chee its Singapore general manager. Mr Chee succeeds Zacchaeus Boon, who is promoted to Lotus Asia Pacific director of small and medium businesses sales and marketing. Mr Chee joined Lotus in 1997 as Asia Pacific legal counsel.49 words
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98 1999-08-09 9 AT INTERNET World Asia Singapore 2000, exhibitors and delegates will be able to retrieve voice, fax, web pages and e-mail using a Unified Messaging System (UMS) developed by a Singapore company called Intelligent Communications. UMS will enable people to send voice mail to e-mail recipients98 words
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Article48 1999-08-09 9 AUSTRALIAN Internet research consultancy www.consult recently opened its Asean office in Singapore. One of the company's first events will be its annual e-commerce forum to be held on Aug 19 at the Singapore Marriott Hotel. The forum is titled, "Mastering e-commerce for the new millennium".48 words
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Article49 1999-08-09 9 Toh Han Shih - Compiled by 1 Toh Han Shih THE Centre for Wireless Communications (CWC) 6th annual seminar on the next generation telecommunications systems will be held on Sept 8 at the Grand Hyatt hotel. Registration fees are $85 or $35 for full-time students. You can register online at www.cwc.nus.edu.sg/cwcnews/seminars/.49 words
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355 1999-08-09 9 Reuters [IRVINE, California] eMachines Inc, a maker of bar-gain-priced computers, is launching a translucent blue PC, but denies it would be a knock-off of Apple Computer Inc's highly successful iMac. The new "eOne" would wrap an Intel Celeron 433 MHz chip and a 15-inchReuters - 355 words
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Article, Illustration285 1999-08-09 9 Raju Chellam - Singapore will also be development hnb for localisation of its software By] Raju Chellam [SINGAPORE] US-based Gen tia Software Inc last week set up its Asia-Pacific regional headquarters in Singapore and said it would also site its development hub here to localise its285 words
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255 1999-08-09 9 Wong Mei-Hwen - Wong Mei-Hwen [SINGAPORE] Megsystems Pte Ltd, a homegrown company manufacturing printed circuit boards (PCBs), has tied up with Scala Business Solutions, to offer e-com-merce and other enterprise solutions to small and medium enterprises (SMEs) in Singapore. Megsystems is a homegrown company that was set up255 words
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Article, Illustration452 1999-08-09 10 Wong Mei-Hwen - CIOs have a role to play in customer relationship management By Wong Mei-Hwen [SINGAPORE] The role of the chief information officer (CIO) will become increasingly important in customer relationship management (CRM). This was the main message conveyed in a two-day CIO workshop jointly organisedSIEW YAW HOONG - 452 words
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Article, Illustration526 1999-08-09 10 Melvin Lim - By Melvin Lim The author is a major account manager with Wang Global Singapore MORE and more organisations now recognise that there are material benefits to outsourcing. They may not always be able to quantify them, but they recognise the benefits in reduced526 words
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437 1999-08-09 10 LAT-WP [WASHINGTON! Only 37 per cent of America's "911" emergency call centres are ready for the Y2K computer challenge that arrives with the new year, according to the President's Council on the Year 2000 Conversion. Failures to 911 computers could force localLAT-WP - 437 words
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Article, Illustration283 1999-08-09 11 Andrew Wee - By, Andrew Wee [SINGAPORE] Home-grown Trek Technology (S) Pte Ltd has secured deals worth US$l5 million (5525.5 million) from companies in Taiwan and Thailand to supply MP3enabled chip-sets for digital music players. The deals were signed with Leadtron Technology and Armas Computer Corp from283 words
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Article, Illustration228 1999-08-09 11 Raju Chellam - The HP CD-Writer Plus MB2oe can be used with notebooks or desktops By Raju Chellam [SINGAPORE] US giant Hew-lett-Packard Company last week launched its smallest CD-RW (Compact Disk ReWriteable) drive that weighs less than 450 grams and fits in the palm228 words
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ON THE SHELF
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Article, Illustration83 1999-08-09 11 DELL Computer has introduced its Dimension L series desktop PC (above) for business and personal users. The systems run on Intel's Celeron processors at 400,433 or 500 MHz, and come with a variety of peripheral offerings, including Sony CD-RW drive, Altec Lansing speakers with sub-woofer,83 words
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Article66 1999-08-09 11 IBM SINGAPORE and lomega International have tied up to offer lomega's Clik! PC Card Drive to customers buying three of IBM's ThinkPad 570 notebook models 2644-IAA, 2644-2AA, and 2644-3AA. The offer is for new ThinkPad purchases this month and comes bundled with the Clik! drives that66 words
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Article74 1999-08-09 11 ADOBE Systems Inc has enhanced Premiere 5.1 for Mac users by adding DV (digital video) capabilities. The software delivers seamless digital video editing solution to Mac G3 users, allowing them to plug in a DV camcorder to the new G3 shipping with Fire Wire. It74 words
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Article65 1999-08-09 11 ADOBE Systems Inc and eCircles.com have tied up to deliver Web-based photo sharing communities for consumers. eCircles offers a Web-based service that lets consumers create private sites and invite their friends to join them there to exchange photos, hold discussions and plan group activities. The eCircles capability65 words
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Article74 1999-08-09 11 DIGISAFE Pte Ltd has launched Net Protect 2.0, its secure VPN (Virtual Private Network) solution that enables secure communications in mobile, teleworking, and local and wide area networking environments. It is available in three editions: entry-level Workgroup Edition for up to five clients; Office Edition for74 words
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Article84 1999-08-09 11 PCS Peripherals Pte Ltd will sell and support SyQuest products, including the SparQ 1.0, a one GB portable drive; and SyJet 1.5, a 1.5 GB removable cartridge drive. lomega Corp completed the purchase of certain SyQuest assets in April this year. PCS said it has84 words
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Article89 1999-08-09 11 Raju Chellam - Compiled by Raju Chellam NETWORK Associates Inc is shipping a new version of its Group Shield for Exchange, to track and remove e-mail-borne viruses. It is the only groupware anti-virus product to employ "double heuristics" technology and detect previously unknown viruses accurately, the company said. The program89 words
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Page 8 Advertisements
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Advertisement205 1999-08-09 8 pentium*/// windows nt servers $12,888 support 2-way standard 3-year on-site the netfinity 5500 affordable and scalable enterprise wo ILj (incl gst) intel* pentium* 111 TrH warranty (parts and labour) nt servers built on mainframe-inspired availability I J processor 550 mhz extend the warranty for a one technologies you won't find205 words
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Page 9 Advertisements
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Advertisement106 1999-08-09 9 00:01 Ist of January 2000 What is it going to be f V ft jm m 4g Concorde axapta* Software for the new Implementation under B Flexibility in design, ac a P tion workflows. |3| COLUMBUS o| gl l?l 1T Partner '8M Business Partner IBM is a registered Microsoft* (tjf^106 words
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Page 10 Advertisements
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Advertisement109 1999-08-09 10 What makes our solutions so professional are the parts that won't fit into your computer. f f A I*Ci V ■EX Wltitm ||f F >'Jk JMrniH "r r J fsl/# 11/ 1 •fB JEH IMy 1 1 k «'l| UH% fi; I 1 H ■alj a I >V/ .VPlr fl109 words
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Page 11 Advertisements
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Advertisement266 1999-08-09 11 V^sJlaP The Clik!'" PC Card drive and 40MB disks $349 for the drive (including 1 disk) and $17.90 per additional disk* /I The amazing Clik!™ PC Card drive and 40MB disks. Tiny notebook storage that goes a long way. We've just changed I the future of portable notebook storage. The266 words
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COMPANIES & MARKETS
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Article135 1999-08-09 12 As of yesterday, 37 locally-listed companies had released their financial results for the six months ended June 30, 1999. They recorded a combined $2,085.4m in group profits, up 99.2% over the same period last year. The breakdown is as follows: No with profif :37 No with lo—— 0135 words
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Article, Illustration368 1999-08-09 12 The 1999 half-time reporting season is now into its fourth week. We reproduce below all the 19 interim corporate results that were released last week. They were from companies with Dec 31 as their financial year-end. Group results for the six months368 words
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Article, Illustration396 1999-08-09 12 Wong Wei Kong - But total US purchases of Asian stocks up 18% toUSs4sb By' Wong Wei Kong [SINGAPORE] United States investors bought US$2.l billion (553.5 billion) of Singapore equities in the first quarter of 1999, down 16 per cent from the same quarter of lastSource: US Treasury - 396 words
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328 1999-08-09 12 Al Labita - 53.5% stake in toll road operator to be sold for 33.3 m pesos From, Al Labita in Manila MALAYSIA'S Renong Group is selling its controlling equity in a listed Philippine subsidiary to stave off further losses from a money-losing infrastructure venture. To be328 words
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Article, Illustration780 1999-08-09 12 Eddie Toh - MAUBT Mamas Economic and political conditions have Improved in the past mouths bat lingering concerns could weigh the market down By Eddie Toh THE Kuala Lumpur Stock Exchange Composite Index, which has outperformed many regional markets for most of this year, has finally780 words
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COMPANIES
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Article, Illustration560 1999-08-09 13 Shoeb Kagda - Plans include 500b rupi&h cash call, venture with foreign firm, buying back Lippo Bank stake From Shoeb Kagda in Jakarta INDONESIAN tycoon James Riady is going on a 500 billion rupiah (Ssll9 million) cash call to build a war chest under560 words
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183 1999-08-09 13 AFP [JAKARTA] Diversified miner PT Aneka Tambang will today become the first Indonesian company to be cross-listed on the Australian Stock Exchange (ASX), the ASX said in a statement. One of the top 20 listed stocks on the Jakarta and SurabayaAFP - 183 words
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Article, Illustration327 1999-08-09 13 It'll pay RM7 per share to DRB-Hicom for 143.4 m shares Bridge News, NST [KUALA LUMPUR] Malaysian oil company Petroliam Nasional Bhd (Petronas) will fork out 1 billion Malaysian ringgit (Ss44o million) to buy a 27.2 per cent stake inBridge News,; NST; FILE PHOTO - 327 words
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Article39 1999-08-09 13 IN the table accompanying last Saturday's story headlined "Banks bounce back with sparkling results", UOB's rise in interim net profit should have been 24.5 per cent, not 32.4 per cent. We are sorry for the error.39 words
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355 1999-08-09 13 Analysts see forex gains boosting its profit figures Reuters [BANGKOK] Thai Airways International faces a bright future as Asian markets recover over the next few years, but its short-term earnings face pressures from higher fuel costs and lower domestic fares. Some analysts say thisReuters - 355 words
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Article, Illustration658 1999-08-09 13 Wong Wei Kong - Whuto Wall St volatility, fears o! US rate hikes drag STI 3.6% lower for the week Wong' Wong Wei Kong [SINGAPORE] Blue chips lost ground last week, but not as much as the rest of the market which was dragged down by fears658 words
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382 1999-08-09 13 Preference is for tech-related firms with profit records Reuters [HONGKONG] Hongkong's stock exchange is gearing up for the launch of its Growth Enterprise Market (GEM) in October as potential sponsors search for quality listing candidates to add lustre to the second board. ManyReuters - 382 words
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FINANCE & COMMODITIES
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Article, Illustration519 1999-08-09 14 Move to highlight growth in earnings from stable and predictable sources, say co-chiefs Bloomberg [NEW YORK] Citigroup, the world's largest financial services company, has combined asset management and pri-vate-banking into a one unit. Thomas Jones, the company's head of fund management, will oversee theBloomberg; FILE PHOTO - 519 words
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432 1999-08-09 14 Asset management venture will develop investment fonds Bloomberg [TOKYO] Deutsche Bank AG, the world's largest bank, and Kokusai Securities Co, Japan's fourth-largest brokerage, plan an asset management venture aimed at developing investment funds for the Japanese market. Kokusai will own 60 per cent and DeutscheBloomberg - 432 words
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439 1999-08-09 14 LATWP, Bloomberg [NEW YORK] Iridium LLC, the global satellite company struggling to stay aloft in the face of unhappy creditors and bondholders, has got a new flying partner: vultures. "Vulture" bond investors have been flocking to buy Iridium's bonds, amassing as muchLATWP,; Bloomberg - 439 words
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141 1999-08-09 14 Bloomberg [NEW YORK] Sanford Bernstein Co, a money manager with US$9O billion (Sslso billion) of assets, may sell shares to the public next year so it can pay employees with stock, said chief executive Lewis Sanders. The 32-year-old company would be worth about USS3.SBloomberg - 141 words
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431 1999-08-09 14 Reuters [HONGKONG] Hongkong banks' first-half earnings results show they grew the safest part of their loan book, residential mortgages, in an attempt to repair battered balance sheets in the wake of the Asian crisis. Most bankers now say the worst of the recession-ladenReuters - 431 words
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Article, Illustration1825 1999-08-09 14 PRIME LPfDDfQ RATES BANKS ASM Amro Bank NV 5V« ABSA Bank Limited ftv* Agricultural bank Of China ft AMZ Banking Croup ft v* AMed Irish Bank PIC 5 American Express Bank ft Arab Banking Corp 7W Arab Bank PIC 5W AsaM Bank lift ft* Ban Hln La* Bank Bhd ftvt1,825 words
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COMMODITIES & FUTURES
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Article, Illustration563 1999-08-09 15 John Krey - siMuv Weeklyßoundup John Krey MMSNew York This report does not constitute a solicitation to invest in any currency or Simex product. [NEW YORK] In the aftermath of further confirmation of tighter labour market conditions in the United States, another round of credit tightening bySource: Simex - 563 words
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Article, Illustration803 1999-08-09 15 COMMODITY Weekly Roundup AFP [LONDON] Crude oil prices continued their rise last week, as the markets responded favourably to continued compliance with production cutbacks by Opec countries. Brent North Sea crude prices briefly rose above the US$2O mark to their highestAFP; Source: Bloomberg - 803 words
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Article1727 1999-08-09 15 BOOM FUTUHB8 Aug 6 RUOKR (Mans dosing *t it SJ0p» RSS1 CONTRACTS cwti/kq) ClOM VodMM OptN Month Mg Low Satt (tamos) Iwtamt 99 1200 99 9150 300 Nov 99 97.00 300 Dac 99 -96.75 300 Jan/Mar 00 102.25 300 Apr/Jw 00 105.75 Jul/** 00 100.75 RSS 3 CONTRACT1,727 words
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MARKET REVIEWS
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271 1999-08-09 16 HONGKONG AFP HONGKONG share prices are expected to fall in the coming week as investors remain worried about China-Taiwan tensions as well as upcoming US economic data, dealers said. "The market will be very much news-driven. Good news will drive it upAFP - 271 words
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720 1999-08-09 16 NEW YORK Case for FOMC to increase rates has grown more compelling AFP Bloomberg BLUE chip stocks ended the week up 0.55 per cent at 10,714.03 points after the publication on Friday of better-than-expected job creation and earnings figures. Meanwhile theAFP; Bloomberg - 720 words
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Article357 1999-08-09 16 LONDON AFP THE London stock market turned a blind eye to the latest interest rate decision from the Bank of England last week, instead heading lower on fears of higher US interest rates. The FT-SE 100 Index of leading shares fell by 1.78 per cent overAFP - 357 words
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Article, Illustration355 1999-08-09 16 TOKYO AFP JAPANESE share prices are likely to be weak in the coming week as any further rise in the yen against the US dollar could dampen hopes for an economic recovery, brokers said. In the absence of fresh trading pegs, the yen's appreciationAFP; FILE PHOTO - 355 words
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Article1961 1999-08-09 16 D Paris -158.42 PARIS stocks closed down 0.4 per cent on Friday, reversing an initial rebound after stronger than expected US payrolls data fed fears of a rate rise and tripped up US markets. The CAC-40 Index closed at 4,223.64 points, down 17.06 or 0.4 per cent1,961 words
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Article884 1999-08-09 16 □Sydney -12J THE company profit season gathers steam this week and with encouraging results so far the All Ordinaries Index should be pushed higher, brokers said. "Only a small group of companies have reported but firms reporting half-year results show profits up 5 per cent, while those884 words
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KUALA LUMPUR STOCK MARKET
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456 1999-08-09 17 AFP Q Composite Index -65.60 THERE is further downside on the Malaysian bourse in the com ing sessions after the headline index plummeted 8.5 per cent in the week to Friday, analysts said. Programme-selling by foreign funds is likely to continue ahead of SeptAFP - 456 words
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Article8735 1999-08-09 17 wccK ended Aus 6 Consumer products 1999 Lilt Vol Week Net Cap Hlgfc Low Clip lay *tf -000 Hlffc Uw P/t tw* 440 255 A)inomoto 320 20 17 340 310 20.3 129.7 174 46 Angkasa 95 -15 1593 110 91 140.1 404 220 Apollo Food Hlg 290 30 95 3128,735 words
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WARRANTS & OPTIONS
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Article214 1999-08-09 18 R Sivanithy - WARRANT WATCH By R Sivanithy WE'LL resume our focus on Malaysia, partly because the market there is plummeting and because warrants there have had their lifespan extended. After all, if all things are taken as equal, a 2006 expiry date on a penny warrant in Malaysia214 words
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Article242 1999-08-09 18 HONGKONG STOCKS Cr Gr 52-Wk LMt Vol Wm* La»« Oust* Mv 04« Vtd Nat M Cap High Law Stna Company Sat* COOO) High Low Buy or Sadar H Cyr P/E Sm» 365 T73 5123 COL (2000) HK 297 5 -10 6 297 5 297.5 265 285 8 17242 words
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Article2788 1999-08-09 18 BONOS, LOANS I WARRANTS Wt 52-Wk Last Vol Week Lett Ouote A*g High Low Stne Company Sale ♦or- COOP) High Low Buyer Seller Price ,04 3 T3160 -Acer W*****1 USS 40.5 -7.5 880 50 40 40.5 41 80 4.5 s 3164 Acma W*****4 38 -4.5 579 43.5 37 37.5 382,788 words
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6421 1999-08-09 19 Week ended Aiu; C Cr Gr M Wt 52-Wk LMt Vol Waak Last Ouott Dlv Mi r» NH Cap Ayg Mm. Law 1WI« Campany W» fOOO) Lw Bwyar Mw Cw M tiwl Met MULTI-INDUSTRY 182 17.5 m b 1000 Acma 50c 128 -8 3286,421 words
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Article1353 1999-08-09 19 Or Or M Wt NM LMt V«4 «Mt Last Ouata Mv 0#» VM MM Cap Avg Hf» u> WH Ci —hi Ml POOOl Law Star SaSar Cw 96 Pit >— Wrtw wmmemm 218 30 C 2049 AS Auto K>C 174 -1* 3707 197 171 173 175 »N 0.6 198.71,353 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration558 1999-08-09 20 Source: JM Sassoon I'f.U IU J I'i liffimiiill Stocks Volume Del Monte USk 91,430,000 Strike Enqg 5c 79,627,000 Asm Food&Prop 53,288,000 Golden Agri USIOc 52,172,000 Hotunq Inv NT5 41,160,000 Excel 20c 38,323,000 •Gentinglnt 36,447,000 IPC Corpn 5c 33,809,000 KS Tech 10c 32,498,000 SingTel 15c 27,852,000 Stacks S DBS Foreign 198,458,451Source: JM Sassoon - 558 words
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Article, Illustration642 1999-08-09 20 R Sivanithy - THE WEEK AHEAD After Friday's strong US jobs report, Aug 24 FOMC meeting now seen as mere formality to hike rates By R Sivanithy FIVE and a half years ago, the last su-per-bull run ran smack into a US interest rate hike642 words
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Page 12 Advertisements
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Advertisement8 1999-08-09 12 THEBUSINESSTIMES R fl iVQ SHIPPING Times a week8 words
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Page 13 Advertisements
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Advertisement628 1999-08-09 13 NOTICES NOTICE IS HEREBY GIVEN that I,GOH CHYEYEOW of Blk 122 Jurong East St 13 *08-29, Singapore *****2, have applied for a Public House, Second Class Licence in respect of M/s Naam Thai Restaurant Pte Ltd located at 68 Orchard Road *02-22 Plaza Singapura, Singapore *****9, and that this application628 words
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Page 17 Advertisements
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Advertisement9 1999-08-09 17 HOCK LOCK SIEW Takes you behind the news TheßisinessTimes9 words
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Page 18 Advertisements
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Advertisement41 1999-08-09 18 rmmrnßrnm—mmmmmmmmmmmmmmmmmmmm Personal finance Unit Trusts Property f Stocks Epicure Style S' f •Motoring •Travel f ET ET -J I EXECXJTIW: Every Friday I in THE BUSINESS TIMES. Y f) 1 A must-read °t5/ WdUULLy J for your long weekend. v Jar41 words
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Page 19 Advertisements
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Advertisement60 1999-08-09 19 Strait Talk TheßusinessTimes Shipping Times L z' Hello? I'm calling about\ Im 80 happy f your advertisement in f great...just like f un.° un >et j|.l The Straits Times Classified... j 1 the ad J I gZgwX 'J Buyinfi or seWnfi throufih Wwr 2~S The Straits Times Classified is child's60 words
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Page 20 Advertisements
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Advertisement1070 1999-08-09 20 BUBS Clean out that insectL L jV p. infested store room of j yours by turning your A M "junk" into cash m through a garage sale! A Call 1800-737 1166 p F I today to turn those big y a I bugs into big bucks! J I I Classification1,070 words
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Advertisement318 1999-08-09 20 NOTICE IS HEREBY GIVEN that I,TAN NGUANG HENG of Blk 147 Bishan Street II *03-43 Singapore *****7, have applied for a Ist Class Public House (Extended) Licence in respect of M/s L.R Entertainment located at 76 Robertson Quay *01-1 l.The Gallery Hotel Singapore *****4, and that this application will be318 words
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SHIPPING TIMES
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Article266 1999-08-09 21 Contributed by Simpson Spence Young THE major news of the week was the reported sale of a capes ize bulk carrier First Sim (151,000/91) which is reported sold at the very firm price of US$l9.3 Million. Rumours are that the buyers are clients of Astron Maritime. Vessels soldContributed by Simpson Spence & Young - 266 words
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Article263 1999-08-09 21 *tt n *t- w CWT Distribution 129 -0.05 S3 OMWHiw 126 -0.01 295 Coico kwartmant—1.24 O04 it fraMM Links 0J5 0.01 VMS 08 HoMlngs 0.95 002 IMC HaMngt-HK M0 wtdi 0 JayaHaMngs 105 0.01 190 JuTOngSNpyvd 7J0 -0.10 44 KagpaiCorp 5.30 -0.10 3020 KappalFELS 146 0.01 S«4 K263 words
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Article, Illustration544 1999-08-09 21 Yards seeking orders for higher-margin specialised ships to offset global drop in demand Bloomberg [SEOUL] South Korean shipbuilding orders dropped 21 per cent in July from a year earlier, pushing shipbuilders to seek orders for higher-mar-gin specialised ships and structures to offsetBloomberg; FILE PHOTO - 544 words
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737 1999-08-09 21 David Hughes - LINER SCENE By\ David Hughes PEW in the container business will be unaware that owners of chartered tonnage have taken something of a battering over the past year or so. Now a new study by UK-based Drewry Shipping Consultants and Howe Robinson Research737 words
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426 1999-08-09 21 Reuters [LONDON] Large scale tanker scrapping in the immediate future is the only medicine likely to put life this year into a freight market flat out on its back, shipping sources say. "The only medicine that will cure the market is scrapping," Norway'sReuters - 426 words
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PORT Shots
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Article57 1999-08-09 21 Bloomberg [SAN FRANCISCO] US oil company Chevron Corp sold six ships to B+H Ocean Carriers Ltd for US$46 million (5J77.28 million), B+H said. Four of the six vessels were chartered back to Chevron for periods averaging 18 months. The shipping company said two ofBloomberg - 57 words
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Article59 1999-08-09 21 [LONDON] Singapore-listed energy transportation company Osprey Maritime has agreed on an extension oil US$37O million (*****.6 million) worth of loans. The company has managed to cut fts debt by US$l42 million last year, although it still owes over US$75O million. TTie company continues to be supported59 words
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65 1999-08-09 21 [LONDON] Directors of gas carrier specialist IM Skaugen have utterly rejected the offer of a merger with Italian company Navigazione Montanari, and urged their shareholders to do likewise. "It is our view that it is not in the best interest of our shareholders that the65 words
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SHIPPING NEWS
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Article, Illustration311 1999-08-09 22 David Hughes - Agreement to take 35% stake in ECT expected to be closed by end of next month Reports by David Hughes in London AN AGREEMENT between Rotterdam Municipal Port Management (RMPM) and Hongkong-based Hutchison Port Holdings for the joint acquisition of Europe Combined Terminals (ECT)311 words
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203 1999-08-09 22 THE most notorious smugglers in South-east Asia have had their death sentences upheld by the Chinese Supreme Court. The three "Kings of Zhanjiang Port", Li Shen, Lin Chunhua and Chen Lisheng were at the centre of a vast criminal organisation which smuggled oil203 words
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121 1999-08-09 22 KOREA'S giant conglomerate Daewoo is to sell 20 of its 22 affiliates, including its shipbuilding concerns, as part of a huge restructuring programme designed to pay off a massive US$5O billion ($83.7 billion) debt. The company, which has already put up US$B.3 billion in121 words
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PORT Shots
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141 1999-08-09 22 A REPORT by UK-based consultants Dre wry identifies great potential for growth in Chinese import trades, shipbuilding and repair. "Predictions in China: opportunities and challenges for world shipping" points to soaring oil imports in the next 10 years, possibly trebling. Increases in liquid products,141 words
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108 1999-08-09 22 PHILIPPINE shipping company Sulpicio Lines could be charged with multiple homicide through "reckless imprudence" for the sinking of the Princess of the Orient, the 13.000gt domestic ferry which went down in a typhoon off the port of Cebu with the loss of 100 lives last108 words
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58 1999-08-09 22 UK-based ship manager Denholm has seized ships belonging to Georgian International Maritime Shipping, formerly the Georgian Shipping Company, amid claims of unpaid invoices. The arrests follow hot on the heels of a decision to end Denholm's management of the company by its German bankers.58 words
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118 1999-08-09 22 MUTUAL P&J insurer the UK Club has seen another good year elevate the club's reserves to a record level, greater than the one set last year. In its 1999 Annual Report, the club said that in February it had free reserves of US$346118 words
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99 1999-08-09 22 THE US Coast Guard in Los Angeles has detained the 39,749dwt tanker Tomis West after discovering 33 deficiencies, most relating to flrefighting or safety equipment, on board the 1990-built Romanian vessel which is carrying highly volatile jet fuel. It fears the ship, berthed near99 words
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Article303 1999-08-09 22 PAGE Eng Lee 13 ANL 3 ESPLines 13 AASCO 12 tvefgreen 6 Accord 8 foonflSu" Ahrenkiel 14 FroU 13 Appenship 5 FrUH s M Austral 8 L 1 Avant 14 Gem4rtr4W 6 B tang Mas 8 GeftshM 13 gjj j Glory Hi* 14 BTL 14 B Bala,i303 words
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Article19984 1999-08-09 29 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Nam Heme Number Number SIN Dest'n None Name Number Number 26/08 05/09 Hanjin ITMA BHUM <60 65-*****35 To ABIDJAN (ABJ) 2003 Cot* D'lvoire 27/oo 23/09 cosco fei he ooste »"**> b/oo19,984 words
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SHIPS IN PORT
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Article272 1999-08-09 35 Vessel Voy No Berth Arrival Departure Jurooq Port Bt B Sela I ***** J01 08/08/8:00 08/08/16:00 Bt B Selaya5 ***** J01 08/08/8:00 08/08/16:00 C Success 08-Aug J09 08/08/9:00 08/08/15:00 Sun Flora 20/99 J05 08/08/18:30 09/08/12:00 Ind Advantaq *****4 J17 08/08/21:00 10/08/3:00 Glory 1 208/MI J07 09/08/8:00 09/08/23:00 Wiebke272 words
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Article1813 1999-08-09 35 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklng/BaiMct Ritls tip Voy No Etb/Btr Ptrlod From To From as 0W3J0 MOO MM MM a 01/1700 09/0*59 ww I K SSi 5SK 21 01/1700 M/OtH 09/0900 1 09/0700 09/189 09/WM 4 09/1200 0M4S* MA700 MM I 3££ a 09/17001,813 words
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Article190 1999-08-09 35 Aaf Singapore: National Day. South Africa: National Women's Day. Aa|U Thailand: HM Queen's Birthday. Aaf IB Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg: Assumption Day. Aug 17 Indonesia: National Day. An|2o Philippines: National Heroes Day. Aaf 30 United Kingdom: Summer Bank Holiday. Aaf 31 Malaysia:190 words
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Article798 1999-08-09 35 THIS report, complied by Cockett Ma rlne Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are baaed on averagesized stem. Market movements are indicated. The Cockett Bunker Price Index change and the798 words
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Article374 1999-08-09 35 Cart*, 180 Max 990.4 «.1 17.5 0.10 78 0/F anI T SotT" 5 *6°, 0.5 14J 0.0? 38 0.02 ,.t-! 380 Max >005.0 ZJS 20.8 O.M 235 0.08 U/irl »M/M %M/N WW Ho «6ovt 635 6 2 2 0 4 0 ISO/Cmmc Ml S4NC E25 W374 words
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AIR & LAND TRANSPORT NEWS
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324 1999-08-09 36 Bloomberg [CHICAGO] UAL Corps United Airlines, the world's largest airline, is spending US$3O million (5550.1 million) to reconfigure its planes in the US so business passengers flying economy class will have more leg room. The carrier plans to replace theBloomberg - 324 words
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Article, Illustration518 1999-08-09 36 Taiwan carrier will buy 15 Airbns 340 jets instead of Boeing 777s Reuters [TAIPEI] Taiwan carrier China Airlines has placed a mul-ti-million-dollar passenger jet order with Airbus, dumping Boeing Co in a move expected to anger the United States. China Airlines chairman H IReuters; FILE PHOTO - 518 words
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195 1999-08-09 36 Reuters [WASHINGTON] US airlines will begin assessing the safety of foreign partner airlines under an agreement reached with the Department of Defence, the Air Transport Association said. The Defence Department has audited US carriers for over a decade to assure they areReuters - 195 words
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Article, Illustration443 1999-08-09 36 Bat some say it is doing nothing more than what it is legally obliged FT [ZURICH] Swissair said yesterday its surprise decision, along with Boeing, to take joint responsibility for the fatal crash of its Flight 111 off Nova Scotia last yearFT; FILE PHOTO - 443 words
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LOG Book
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Article72 1999-08-09 36 Reuters [AMSTERDAM] KLM Royal Dutch Airlines Is to raise its cargo rates by an average of 8-10 percent in most markets due to anticipated demand growth. The demand increases are mostly expected in Europe to US routes and between Europe and the Far East, theReuters - 72 words
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62 1999-08-09 36 AFX-Asia [BANGKOK] Thai Airways pic (THAI) said H will begin three passenger flights a week to the central Vietnam port city of Danang in a bid to enhance Bangkok as a regional tourism hub. A company spokesman said the national carrier's board of directorsAFX-Asia - 62 words
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67 1999-08-09 36 AFX-Asia [TAIPEI] The China Aviation Development Fund is expected to sell a 36 per cent stake in China Airlines (CAL) by year-end to domestic institutions teaming up with foreign airlines, Minister of Transportation and Communications Lin Feng-cheng said. Mr Lin was quoted by theAFX-Asia - 67 words
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Article1680 1999-08-09 36 CITY FLIGHT ETA FU6HT ETC kmtartan $0327 0745 2300 NaM< V" 741 1310 VN742 0905 GA973 0945 S024 2330 SOI75 W30 S0T76 1405 BJ37 1455 VOT40 WO Auckland NZ42B6 2045 K***** 2045 ***81 {6407 1540 MI894 1505 S0286 2045 S0285 2045 **> Mnh 1 —Cfl49 07551,680 words
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Article, Illustration543 1999-08-09 36 De&l with SIA& chance for Boeing to establish the 777 in the market -Reuters [PARIS] If there were any doubts about the importance Boeing attaches to its 777 airliner, its recent deal with Singapore Airlines must have ended them. Boeing outraged-Reuters; FILE PHOTO - 543 words
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Page 21 Advertisements
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Advertisement23 1999-08-09 21 Hutchison close to Rotterdam-Ed agreement Agreement to take 35% stake in ECT expected to be closed by end of next month. Page 223 words
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Advertisement112 1999-08-09 21 BE'kll!!: ,4^:l'. PHPB r'-.y^"s^| i I )i. ••£•?*£{&&&&%s*X--V--• £W-« »'i"'}«a--- /•%&s&>'!% -7V*'i? .^■V^--:^.'v*-»■. v > 5 Japanese traditional stent garden symbolizing the ocean: Toward building a better world in the 21st century, we are viewing the ocean from fresh new perspectives. "K" Line has been an industrial lifeline to people112 words
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Advertisement20 1999-08-09 21 China Airlines picks Airbus over Boeing Taiwan carrier will buy 15 Airbus 340 jets instead of Boeing 7775. Back Page20 words
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Page 22 Advertisements
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Advertisement1285 1999-08-09 22 I NORTH AMERICA I I EXPORT 1 I OTHER DESTINATIONS I j— m i n m ra—a ■■.■.muT SEX SUPER SWTTLE EXPRESS PWECTTOU WEST COAST Of CENTRAL AMERICA (MARGARITA SERVICE) vtssa vor eta» no» icwwa onus Houston okmo hwtom neoan vor TT hohtim aouotia saniompo ccmwo woumu WMivwnitA mmam maim1,285 words
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Advertisement680 1999-08-09 22 XTo*'o\ Lir> es services represented iuomhore^iho Members o< the Registry of Singapore Freight Forwarders Accredited Shipping Agents UAU Association Singapore Shipping Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK PROJECT CARGO TO DAMPIER/FREMANTLE (MONTHLY SERVICE) MV "TBN" ETA SIN 26/08/99 BOOKINGS CALL MONKA/JUUA TEL 323 4374 CONTAINERS/ CONVENTIONAL CARGO ror680 words
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Page 23 Advertisements
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Advertisement1134 1999-08-09 23 TO EUROPE FROM EUROPE Ivcsa YOTlMiiwwHMiwvMiintT im Ivessei VOT 1 RTM ANR KAR »RV SOU FIT IfH sw I mm saw 07/01 24/oi m/o« 20/01 so/* noectpr* 0121 ts/o; 17/07 20/07 u/07 07/00 HOI AGATE 014W 09/00 26/00 M/ 01 31/00 25/00 MX OUT! 0141 11/07 20/07 23/07 24/07 11/001,134 words
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Advertisement1977 1999-08-09 23 0 HANJIN SHIPPING likF I t ihEWr«L» -Ub mono mnwtswpfmccsi rnitp h»//— <*m nom jmrnm saiis 7370 m tm mqmb ?370?;i 774 oftunms ?370?si»si mwiiw mim m *****40 aw **********0* TO NW USA CANADA USA CANADA* FMVSI/VOT I OAM ISM UMHAB/VOT SU TIW DO T~fM 161 I m OTT IMM1,977 words
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Advertisement460 1999-08-09 23 FULLY CONTAINKKISED DIDICATID SIRVICIS m us* pus *bsb *2L -£L JjSL JlLaqdahua oil! n/a7 ih/m ot/w -pfjjr &jo ojffi fffi" BntWSAII HQS 10/07 Ot/M M/DO Id/M 11AM ifl UfflfSU Q7M "OVM M/M IAQ lAfkM "SSA 52S Ml MCWttMA 70S 01/ M 0V« 71* 04/ M 10/ M 17/ M 13/460 words
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Advertisement1347 1999-08-09 24 MR-SENATOR LINES TO UK/CONTINENT TO MKUf iiskRANEANCANADA jjßjß WY wT* l£H IW Ml HHI W» HI VtSStl WW W J*! H» MX HTM PUOOMG SENATOR WISM M M TIM MM MM JIM JIM MM CHOYAWCHAMJE W«M» MM *M MM MM 17 M NBUOMSTM WOMA 12* OH M M MM MM1,347 words
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Advertisement958 1999-08-09 24 m. a MAC-MELS S'PORE M'Slfl I" Carrier MN CONTR UIES, MC p. gudang: tmsra l-N J on MO: 1«*****0000« SIBU: (084) *****9 MAMLA: (832) *****24 PENANG: (04)*****36 BANGKOK: (882)*****67 SURABAYA: (31)*****11 P. KELANG: (03) *****77 JKT: (21)*****46 KUCHWG (082) *****1-3 MADRAS I VANCOUVER MV "SINAR TIMUR" V.017 MV "HJ HONGKONG"958 words
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Advertisement593 1999-08-09 24 2* £9^ EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMMI s pore n shew Colombo p klang TULSIDAS Vll2 W AUG 17 AUG 24 AUG 29 AUG HARPON SILVER V IO2W It AUG 23 AUG SI AM K S£P CAPE CANAVERAL VIIBW 23 AUG 31 AUG 17 SEP 12 SEP TULSIDAS Vll3593 words
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Page 25 Advertisements
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Advertisement1291 1999-08-09 25 VESSEL VOY KHH HKG SIN 1 PKG I PQB PXB DMM BA BMC IRAK BAABAFI PCL-5114 04/08 06/08 10/08 11/08 20/08 21/08 22/08 24/08 28/08 IRAN TAKHTI PCL-5115 DRV DOCKING IRAN TABATABAEI PCL-5116 18/08 20/08 24/08 25/08 03/09 04/09 05/09 07/09 09/09 IRAN SATTARI PCL-5117 25/08 27/08 31/08 01/09 11/091,291 words
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Advertisement1825 1999-08-09 25 Direct Calls to Kobt (6 Days),l Nagoya (7 Days) Tokyt (t Days) 1 SINGAPORE'S GENERAL AGENTS: SO ROIINSON RD TIL 226 1900 FAX: *****08 OUTWARD (l/l) COSTAR SNIFFING PTI LTD #12-00 SAUS/MGS *****57/60 INWARD Dtrr (D/oj *****15 COSTAR AGENCIES (M) SDN BHD a ll787»90Q00» SINGAPORE 06M9> CONVENTIONAL 420M50/S5 T/SHPWT DEPT1,825 words
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Page 26 Advertisements
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Advertisement1376 1999-08-09 26 EUROPE AJK/SCAWDIHAVIA/FIWUWD.HUSSIA SGP RDM ANW HBG THP ZEE LHV LH* Ttf RMI WW HBS PII SGP E DELUXE RW-011 IS/08 OZW MtW 04/09 16/09 07/09 08/09 E. ROYAL RE-043 TUll 24/07 23/07 25/07 27/07 IVOI IMW E. DIVINE RW-000 22/08 09/09 15/09 11/00 ***** ***** 15/09 E REPUTE RE-020 29/071,376 words
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Advertisement718 1999-08-09 26 PACIFIC INTERNATIONAL UNES (PTE) LTD SSSSV IH 140 Cecil Street, #0&-00 PtL Building, Singapore *****0. 1 ||ro» yqt na I a stp mi 55 5 miail 00<l ACCUU* 045 7/0 9/0 IS/I 21/| 25/1 29/0 4/9 ft/9 I twoA TtKAiAi i rn:_ lizc: -n%- ha iA -flr- zii: I KOTAfEIWWA718 words
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Advertisement419 1999-08-09 26 SO TELOft 9LANGAH ROM #02-02 OTIPORT CWTRE STORE NM2I TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY. ETA ETD DESDMTION ILMAMUI 06/99 10U&99 11 IW9» POWTUNAK IRIMAWA 02/99 1109*9 14/08*9 MUNTOK IRIMAWA 03m 17AB/99 11/06/99 PKL BALAM ILMAMUI 07» 1 MM/99 IMJ6/99 POKTIAMAK Fof419 words
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Page 27 Advertisements
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Advertisement468 1999-08-09 27 BSfl n MB MYANMA WBmk FIVE STAR LINE (Myanmar Nationol line) loading for Yongon (Rangoon) VESSEL VOT SIN m KM PGU SAGAING 60W SLD RENG TUNG 4W SU) MALAYSIA AGENTS: OOUSTEAD SHIPPING AGENCIES RUL TU (03)*****00 MO; TEL (03)376*101 PEN: TB (04) 7****** PGU: TU (07) *****21/4 BANK LINE (A468 words
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Advertisement1285 1999-08-09 27 HMNE* HYUNDA^AERCHANTJJAAJtINECOj^tfD^^^^^^ vcsa WY "soT sou ib im wt ~ham~ wv ~rT"1 vtssa vor sou ~lbT mi "ant~ ham wv fb. sr NOLAGAI 014W 09/01 25/00 26/01 21/00 31/00 NOLKX/n 0141 23/07 24/07 10/07 20/07 11/06 HYADMRAL 321W 12/00 30/00 04/09 01/09 02/09 HYIVRON 3201 19/07 24/07 21/07 22/07 12/001,285 words
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Advertisement926 1999-08-09 27 WALLENIUS WILHELMSEN 10 NORTH AND UTIN AMERICA "CAR RORO HEAVYUFT SKVKE" VESSEL vor RAMP HEIGHT iIN LAX «l MIA SAV |Ml OtF NYC MW MOO TARONGA AHO3 400 tan 6.3 M 13/01 09/09 11/09 21/09 23/09 25/09 26/09 21/09 OJ/10 04/10 TAiKO AHO4 4001 ms 6.3 M 2S/0S 21/09 30/09926 words
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Advertisement782 1999-08-09 28 BAHQKOK/MAP TA WIUT/LAlii CHAIAMOI J A K AHT A/P A H J A NO VESSEL VOY SIN BKK MTP LCtT" VESSEL VOY SIN JKT PJN LILA BHUM 117N 10/06 13/06 14/06 ACX JADE» 66S In Pt 12/06 ANAN BHUM** 12SN 10/06 14/06 13/06 LIAOHE 003 10/06 14/06 NANTA BHUM" 4SBN782 words
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Advertisement314 1999-08-09 28 BMi INDONESIA NATIONAL LINE TO AUSTRALIA H full cowpunew aeyicc va [wring ail m ™> 1— 1 m ggg m K/mvm h/m nm a m nm mrnrt ggu/w n/w yjn »/o» o?/w n/w 14/M2l/M |»l/Jc/wL/J 11/W wsumi ltBh»/«a/«lB/wl |u/w|iyw|it/wpywil-" FEEDER SERVICE TO INDONESIA W VOY STOM SWAIATt tLftUBAMG MO— vqt314 words
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Advertisement761 1999-08-09 28 I VESSELS IWT TBN I PKL I JED I IKEA LEH RTM HAM TEE SOT VEJ-EDX3RION Y32W 11/08 12W8 jOWB 25*38 31/08 01/09 03/09 06*09 06/09 VELEDEMMIO6A V33W 18*08 17/06 2MB 31/06 06/06 07/09 MM IMB 12A19 VEXEDE TANYA T33W 2MB 24/08 02/09 07/09 13*09 MM 18/09 17/09 18*09 VEJ-EOS761 words
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Advertisement42 1999-08-09 29 I IB _Calling More Than Round ttw world Contliner jonrtro 1500 Worldwide I Destinations. Find out more on Pg 13 For Complete Schedules INDIAN OCEAN SHIPPING AGENCIES? Information Look Under HAI SUN HUP Turn To Pg 5 Pg 12 ON EVERY MON/WED/FRI42 words
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Advertisement141 1999-08-09 32 KHniQULUaedtd. iA (FOREST PRODUCTS SERVICE) (ScmUxn Service For ChrMmaA Island Kn-mantle Coras UUnd) EUROPt SERVICE I ••Also call other wwl Australia ports Mihjed to inducement I T*w SKN KKU TMA VISStL VOT. SIN CXI FMI COS RUIM STELLA V3IA 07/0S 09/08 12/08 LOAMHO fOt: JBOAH/Sni/niftHMO/Mmtt»P THOS KIRSTEN 41 SB SAILED141 words
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Advertisement178 1999-08-09 32 I4*isco^^^HVWVWTWvnvfvnn»TiTTu!^7iVf^^^^^H SHIPPING LINE I*llm 1 I M I B>J |1 1 mm I ll I LIBYA TOMUQ BKNGHAZI MISURATA TRIPOLI LuuJ IvKsamail vot. wo |ai Ihc Ipa mm mam 1 pah I to» w m tii UU£I 5114 SKQAUST M Ifl/W 11/W 71/ M UaUfl 73/ M (g/W 04/W (tt/W178 words
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Advertisement705 1999-08-09 33 SAM UP ERA SHIPPING LINE LTD H 72 Anson Road, Anson House #06-01 to 03, Spore *****1 CR *0.**********0 D TEL: *****88 FAX: 5322ns (OUTWARD) *****83-4 (MWARD) /*****10 (IMPORT STATUS) TLX: R*****0 BOOKINGS CALL DIRECT LIME: 535 6266 CaHa/Jesslca/Mel Chan/Jeslynn/Dora/lwy/Hanim 8 SLGS/WEEK [**********1 EVERY 4 DAYS VESSEL VOY sw JAK705 words
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Advertisement830 1999-08-09 33 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I rtc Imm I j*n I su* |twlrw I cw I pom Im I I ore I sav 1 new I tam I hou I ffIMUM Ot/M 13/01 15/00 J4/M H/M JlZg, 04/10 00/10 11/18 15/10 70/10 23/10 WlfiH MM /0552 11/00830 words
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Advertisement92 1999-08-09 33 SHIPPING WAKEHOUSIHG Bataa: Singapore Loading Daily Men lo S« (BATAMINDO l/IH) Accepting FCLAZonvenwnal/Pniject/Heavy Lift Gago Sl Reefer Conumx Bfetaa: Singapore Loading Men. Wed Fri (BATAMINDO IT) Accepting FCLAiwenbonal/Projeci Heavy Lift Gago Tab 227 0322 Fu: 222 9330 BatoaMo SWpptafl ft Wfahaaifcq Pta Ltd y* c—»*" —>•»» Tl »11 i MMM92 words
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Advertisement628 1999-08-09 33 rrrg Singapore Soviet Shipping CPI a N« lOOSOMOOOON k\\l NWtfcie Shipping PI W33) OIMy-O«^SAafarT) VESSEL VOY SM BOM PNG PU KOUtUKUN RKNO47 25/08 01/09 TU 11/09 ROTA Mill RTUOSS 19/0< 05/09 TU 15/09 1 KOmUKUN MNO49 17/091 19/09 TIA W/09 [VESSEL VOY SW CAL HAL VCAB~| KOTA PETANI PTNO39 12/00628 words
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Advertisement548 1999-08-09 34 I VESSEL VOY SIN MAA SIN I TIGER BAY 726N *****8 14-19(06 24-25/978 I TIGER ISLAND 727N 13-14,06 19-244)6 I TIGER PEARL 728N 16-17/06 21-27/08 0102-09 I TIGER SEA 729N 2122/08 27-01/09 06-0609 I TIGER BAY 730N 24 25/08 29-03/09 Ofro9/09 I TIGER ISLAND 731N 27 28/08 01-06/09 10-11/09 I548 words
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Advertisement977 1999-08-09 34 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: flesindsingnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CALLAO, PERU ISTANBUL MEXICO CITY SANTOS COLON, PANAMA IZMIR NHAVA SHEVA TAICHUNG PLEASE CALL OUR TOLL FREE LINE: 1800-*****66 FOR BOOKING Overseas Offices Hongkong 852-*****113 flma4atiaonline.net Surabaya977 words
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Advertisement1083 1999-08-09 34 OOCL (Singapore) Pte Ltd CFS Keppel Distrpk 65 CMm Si OCK Ctr #42-00 *****13 Mk 513 #01-128 CI NO **********0N Tel: 272 7827 rar yi kt *****43 F«: 43* 2966 272 7125 t eaaaav JUL Orient Overseas Container line (Malaysia) Sdn Bhd (Rag Not 234V72-U) col PCUUNOiAYA Ut 03-756 77761,083 words
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Page 35 Miscellaneous
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Miscellaneous132 1999-08-09 35 100^ LEGEND: R Thunderstorm Temperature c A\ V Shower Weather -V Wind direction with speed in knots ee Ron \-S Cloudy Sky Wove Surfoce winds are mdicoted by arrows which Hy with the wmd (i/ One ful circle represents calm or light and variable winds 1 One hoH Heche represents132 words
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