The Business Times, 12 August 1999
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1999-08-12
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The Business Times
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Title Section12 1999-08-12 1 THE BUSINESS TIMES MITA (P) 85c SINGAPORE Internet: http://business-times.asial.com.sg/ THURSDAY, AUGUST 12,199912 words
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557 1999-08-12 1 Teh Hooi Ling - SingTel's spokesman declines to comment on 'speculation' By* Teh Hooi Ling [SINGAPORE] Europe's biggest phone company Deutsche Telekom AG (DT) is in talks to acquire a 20 per cent stake in Singapore Telecommunications, German magazine WirtschaftsWoche reported, citing telecoms industry557 words
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Article65 1999-08-12 1 sn 1987.53 (-35.03) BT-SII ***** (-22.01) □smsciFimjxEs 270.40 (-2.30) rr MABKETHOODc LX Dtwi STOCK MAKKET INDICES Wednesday Change KLSECOMP 688*0 +4.8& NIKKEI *****.16 +9.07 HANG SENO 12,457.80 158J1 SET INDEX 421.49 -926 JAKARTA COUP __H426 -2198 MANILA COMP —2,157.89 -7X89 TAIPEI WPl 7228.68 -40.92 SEOUL COMP ***** -24J865 words
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Article77 1999-08-12 1 FOBEX BATES us$ s$ USS_ UK £(US$/S$ per 1.913 1989 EUR0(US$/8$ per E) U71 MB DM l-»7 Mil YEN 114.7 1.463* RM law 0.«9 HKS 7 Ml* BAHT 3751 9.644 RUPIAH 7,796— 0.021 •SftoltOmtti PUME SATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA 40 00 BANGKOK 10.00 JttNILA ll.M HOMHONG77 words
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Article17 1999-08-12 1 MARKETS 2 SINGAPORE 4,5 REGION 7,8 WORLD 9 MOTORING 12 COMPANIES 13-17 FINANCE 18 STOCKS .20-2417 words
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Article, Illustration476 1999-08-12 1 Larry Wee - By Larry Wee [SINGAPORE] The Indonesian rupiah nose-dived as much as 10 per cent against the US dollar in thin and volatile trading yesterday morning, plagued by worries of delays in bank restructuring and fear of more political tensions ahead. ItSource: Reuters - 476 words
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Article, Illustration887 1999-08-12 1 Ven Sreenivasan - STI now 11% below July 2 peak of 2,222.45, with some $40b wiped off market cap By Ven Sreenivasan [SINGAPORE] Singapore stocks continued their steep slide downhill yesterday, baffling investors who had taken heart in the latest crop of good corporate results andSource: Bloomberg - 887 words
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629 1999-08-12 1 Marcus Hand - ItH link 266 member airlines to centralised service By: Marcus Hand [SINGAPORE] The International Air Transport Association (lata) and computer maker IBM unveiled a plan yesterday to develop a service that links the electronic ticketing systems of hundreds of airlines worldwide. The new629 words
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Page 1 Advertisements
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Advertisement214 1999-08-12 1 WSTOE No go Mercedes' cutting-edge keyless entry and ignition system will not see the light of day here, Pg 12 Heck Lack Siew R Sivanithy on why shortselling should be allowed, Pg 13 PacNet in the red Pacific Internet's attempts to combat rival Sing Net and protect its market share214 words
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FOCUS: MARKETS
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501 1999-08-12 2 Eddie Toh - Fears of higher than expected outflow still a dampener on market sentiment From Eddie Toh til Kualu Lumpur THE Malaysian market rose slightly yesterday but it could see more selling ahead of the September deadline for the foreign repatriation of stock proceeds. The501 words
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Article, Illustration625 1999-08-12 2 Shoeb Kagda - From I Shoeb Kagda in Jakarta THE euphoria that followed the peaceful Indonesian general elections is fast fading as growing political uncertainty and the Bank Bali scandal have put renewed pressure on the rupiah, which dived more than 10 per cent to touchJEH CHUA; Source: Bloomberg - 625 words
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462 1999-08-12 2 Harish Mehta - They contribute 25-30% of total trading volume From Harish Mehta in Bangkok THAI stocks have plunged 22 per cent from their June peak and analysts point out that Taiwanese investors, who form the bulk of foreign investment, are bailing out because462 words
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336 1999-08-12 2 Al Labita - FromAl Al Labita in Manila SELLDOWNS continued to hound Philippine equities yesterday as investors turned cautious over a looming US interest rate hike. From a peak of 2,621.67 points on July 5, the 33-share bellwether Phisix index has slumped a hefty 17.7336 words
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520 1999-08-12 2 As many as four Fed rate hikes seen over next 12 months Bloomberg [NEW YORK] Key US stock market indices are down sharply from their July peaks led by Nasdaq as investors fret over whether the Federal Reserve will raise interest ratesBloomberg - 520 words
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289 1999-08-12 2 Reuters [NEW YORK] At a time when financial markets are convinced tight labour markets and rising wages will prompt the Federal Reserve to hike interest rates this month, two Fed officials said this week that inflation data holds the key to monetary policy. FederalReuters - 289 words
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Page 3 Advertisements
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Advertisement224 1999-08-12 3 N v b»/.- v f M <Bfe, > v i V(c'"\ i -^■n^ppr. JPrnk l f 'ySBPiaSil: > 'yHn^B^^HH| ■^^■Rfii»ii i i I pjy 1 ;o r wt- 1&. alfl^H iS^BSi k«£x m Wjmr J All tied up in knots? Well, life's like that sometimes. But with the new Motorola224 words
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SINGAPORE AT HOME & ABROAD
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Article, Illustration377 1999-08-12 4 Marissa Chew - It bags hononr for 16th year running Republic also ranks 6th in the world By] Marissa Chew SINGAPORE is the top city for international meetings in Asia and the sixth in the world, the Singapore Tourism Board (STB) said yesterday. ItFILE PHOTOS - 377 words
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Article, Illustration277 1999-08-12 4 Eugene Low - EYE ON THE ECONOMY Investments By] Eugene Low NET investments in Singapore's manufacturing sector grew 13 per cent year-on-year in the second quarter, according to figures released on Tuesday by the Ministry of Trade and Industry (MTI) in its quarterly economic sur- vey. Investment commitments inSource: DoS - 277 words
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Article, Illustration457 1999-08-12 4 Siow Li Sen - Bank targeting big money-spinner: unsecured overdrafts By\ Siow Li Sen AMERICAN Express Bank has been sending "cheques" of pre-approved credit to cardmembers in what looks like the most aggressive marketing bid so far for the hugely lucrative unsecured overdraft business. AFILE PHOTO - 457 words
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Article, Illustration272 1999-08-12 4 Rahita Elias - Monthly sales have been picking np since January By\ Rahita Elias HAAGEN Dazs, the Mercedes of ice-creams, has seen the volume of its business pick up since January this year in line with the economic recovery. A spokeswoman for Pinedale Trading, a subsidiary of272 words
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Article, Illustration308 1999-08-12 5 Andrew Wee - Software developer plans to set up offices in N Asia, Europe later this year By. Andrew Wee HOMEGROWN financial software developer Finesse AUiance has expanded into the US, with plans to replicate its success in Asia there. The company's CL@RITY suite of financial308 words
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Page 4 Advertisements
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Advertisement237 1999-08-12 4 H 1 h| nTClHirttSfflfAlllkUSA education I■: ■|ggj^^BßpP ec a Mature H *1 i 31 August '99 Make waves in a knowledge-based economy Singapore's position as a major maritime hub has never been more important. Especially now that the Trade Development Board aims to step up its efforts towards building an237 words
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Advertisement138 1999-08-12 4 S The gourmet's delight. Home-cooked and hawker style Malaysian specialties in a daily buffet to please every palate. Prepared by two chefs from Riviera Bay Resort Malacca and a popular ee us $**<9 hawker from Jonor. Witness the intricate skills of batik handjpainting, r 1BB& master silversmiths who craft fine138 words
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Article511 1999-08-12 5 Tan Yoke Khim Singapore - MATT.BAG Tan Yoke Khim Singapore YOUR senior correspondent Lee Han Shih surprised me with his article, "Why give away ANA's listed status?" (BT, Aug 6). He obviously does not know that a listed shell company is not worth very much these days. A couple of511 words
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316 1999-08-12 5 Victor Koh Singapore - Victor Koh Singapore REFERRING to your report, "Simon Cheong In ANA deal with DBS Land" (BT, Aug 5), I would like to raise a number of questions regarding this deal. The ANA deal with DBS Land has been reported as a316 words
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552 1999-08-12 5 Yeo Seng Chong Singapore via Internet - Yeo Seng Chong Singapore via Internet I THANK Ong Li Peng, manager for corporate affairs of Haw Par Corporation, for the reply "Haw Par Healthcare's prudent" (BT, Aug 7). Unfortunately, the reply does not address the issues raised in my earlier letter. Shareholders552 words
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Page 5 Advertisements
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Advertisement277 1999-08-12 5 J Rover. A Marque from Group. '"if i'w 'f' After all, the "Car of the Year" award is like the Oscar for cars. They discovered a car that "sets new standards in its class for And having spotted our driver, passenger and side airbags, For more information on the new277 words
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MAHATHIR FOCUS
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Article, Illustration3557 1999-08-12 6 Mahathir Mohamad - The prime minister of Malaysia gives his assessment of what capital controls and Clob curbs have done for the country's economy Ky. Mahathir Mohamad [KUALA LUMPUR) IT is now almost a year since Malaysia introduced selective capital control. Initially we were worried over whether or not3,557 words
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Article, Illustration441 1999-08-12 6 K Kesavapany - STORE BIOH COMMISSIONER REPLIES K Kesavapany High Commissioner Singapore High Commission We reproduce below a letter to the editor of Malaysia's Business Times daily from Singapore's High Commissioner to Malaysia, K Kesavapany, rebutting Malaysian Prime Minister Mahathir Mohamad's comments DR Mahathir's "World Analysis" published on Aug441 words
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REGION
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269 1999-08-12 7 JAKARTA This could keep driving the ropi&h down: analyst Bridge News INDONESIAN banks may have to pay as much as US$BOO million to US$9OO million (551.34 billion to Ssl.s billion) in interbank debt by Aug 24, much more than the US$44O million thatBridge News - 269 words
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137 1999-08-12 7 TAIPEI AFP TAIWAN will become the world's largest notebook computer maker this year, outpacing Japan and supplying about half global demand, an information technology research centre said yesterday. The island was expected to produce 8.73 million notebook computers in 1999 which accountedAFP - 137 words
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309 1999-08-12 7 UJAKARTA The int'l auditor will conduct validation of agency's findings AFP THE Indonesian Bank Restructuring Agency (Ibra) said yesterday it will appoint an independent international auditor to "validate" its probe into possible irregularities in Bank Bali's interbank deals. "To obtain a moreAFP - 309 words
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441 1999-08-12 7 BEIJING 7.5% increase to USsl7.34b points to stronger second half, say economists Reuters CHINA'S exports recorded their strongest rise for more than a year in July, foreshadowing a stronger second-half performance and easing pressure for a devaluation of the yuan,Reuters - 441 words
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Article, Illustration203 1999-08-12 7 Bridge News [KUALA LUMPUR] A private Hongkong-based fund manager said yesterday that he expects China to devalue the yuan by between 15 and 20 per cent, "or at worst 40 per cent" in the next 12 months. "The devaluation of the yuan isBridge News - 203 words
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714 1999-08-12 7 The weaker rupiah is putting its policy of lowering rates to boost domestic demand to the test Bridge News [JAKARTA] THE recent tumble in the Indonesian stock and foreign exchange markets poses some tough monetary policy decisions for Bank Indonesia the central bank whose statedBridge News - 714 words
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228 1999-08-12 7 BEIJING Reuters CHINA has made good progress making air travel, banking and telecommunications safe from the millennium bug, but thousands of stateowned firms were still fumbling for solutions, a key official said yesterday. "We still have major shortfalls in terms of addressing Y2K, andReuters - 228 words
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416 1999-08-12 7 HONGKONG Regulatory body wants to investigate '97 Gnangnan audit PUBLIC accounting firm Deloitte Touche Tohmatsu is seeking a judicial review to thwart a probe by the Hong Kong Society of Accountants (HKSA) into the firm's 1997 audit of insolvent red-chip Guangnan (Holdings), citing416 words
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683 1999-08-12 8 DAEWOO DEBACLE Group will be left with 4 motor units, heavy machinery and the trading arms Bloomberg [SEOUL] Daewoo Group's domestic creditors said they will force South Korea's sec-ond-largest conglomerate to sell all but six of its 25Bloomberg - 683 words
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Article, Illustration289 1999-08-12 8 ISLAMABAD Reuter, AFP PAKISTAN yesterday denied reports that it fired on Indian helicopters carrying journalists to the wreckage of a Pakistani plane brought down by Indian fire. "The two helicopters were not engaged," Brigadier Rashid Quereshi told the CNN television news network. He wasReuter,; AFP; REUTERS - 289 words
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301 1999-08-12 8 SEOUL AFP SOUTH Korea's Samsung Group yesterday attacked as "unfair" a move by creditors to slap it with crippling punitive sanctions unless it offers up more cash to cover the debts of its failed auto unit. But the firm said it would try toAFP - 301 words
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Article, Illustration387 1999-08-12 8 SYDNEY Simon H&nnes may be jailed up to 5 years on each charge Bloomberg Reuters SIMON Hannes, an executive director at Macquarie Bank Ltd, has been found guilty of fraud in Australia's largest ever insider trading case. The 10-week trial in Sydney's Downing CentreBloomberg; Reuters; REUTERS - 387 words
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457 1999-08-12 8 Wong Wei Kong - It's buying HE'S Benchmark which publishes investment fond magazines By Wong Wei Kong [SINGAPORE] Reader's Digest. the magazine famous for its stories of ordinary folk overcoming the odds, may soon be providing its readers in Asia with a helping hand in beating the457 words
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181 1999-08-12 8 SYDNEY FT THE Australian government is reviewing the role of Credit Suisse First Boston, the international investment bank, as joint global coordinator in the Asl6 billion (5517.4 billion) partial privatisation of Telstra Corp, the telecommunications giant. Tuesday's announcement followed Japan's impositionFT - 181 words
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373 1999-08-12 8 TOKYO Move to make one yen close to one dollar and one euro Bridge News A RULING Liberal Democratic Party panel decided yesterday to call for a downward redenomination of the yen in January 2002, senior LDP member and panel head Hideyuki Aizawa said.Bridge News - 373 words
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Page 7 Advertisements
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Advertisement137 1999-08-12 7 Join us on an introduction of Macola (ERP System) and experience its wonders. Macola Progression Software is an ERP Software that combines world-class functionality with state-of-art client/server technology, integrated electronic commerce capabilities and truly open architecture. Currently, Macola Progression Series products are at work in more than 16,000 businesses and137 words
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Advertisement46 1999-08-12 7 For AA/AAA Grade X JLJF fpw JL per Kg Durian At Saltaß Sanaa rrisr •rtfer anst aakeMereSpa Delivery within Toa Payoh, AngMoKio, Houoang, Upper m. Serangoon. Bishan, Potong M. Pasir Paya Lebar only 23 TECK CHYE TERRACE 0r (Off Lim Tua Tow Rd, Upp. Serangoon Rd)46 words
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THE WORLD
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540 1999-08-12 9 FRANKFURT Bat it is not expected to come at the bank's next council meeting on Ang 26 Reuters, Bloomberg News EVIDENCE of European economic recovery has prompted a growing number of economists to bring forward the date of an expectedReuters,; Bloomberg News - 540 words
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406 1999-08-12 9 LONDON Bloomberg THE Bank of England raised its forecast for UK economic growth yesterday, and the jobless rate fell to a 19-year low, suggesting the central bank is done cutting interest rates after seven reductions since last October. The economyBloomberg - 406 words
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Article, Illustration265 1999-08-12 9 LONDON Reuters STARGAZING replaced chart watching as the most popular activity in the world's largest financial centre yesterday as the first total eclipse of the sun in Britain in seven decades brought dealing to a near halt. Dealers crowded to scarce windowReuters; REUTERS - 265 words
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664 1999-08-12 9 U NEW YORK Bid to protect individual investors from fraud and risky trading strategies NYT ACTIONS by US state and national securities regulators in recent weeks have brought increased scrutiny to some once-obscure corners of Wall Street. Although the cases are veryNYT - 664 words
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524 1999-08-12 9 THE MICROSOFT CASE Aim was to protect its operating system monopoly, Windows Bloomberg News MICROSOFT Corp engaged in a "broad pattern" of illegal practices to protect its Windows personal computer operating system monopoly, said the US government, laying the groundwork for it to demandBloomberg News - 524 words
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Page 9 Advertisements
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Advertisement679 1999-08-12 9 Sv 15TH ASIA PACIFIC PETROLEUM CONFERENCE S 13-15 September 1999, Raffles City Convention Centre, Singapore i^—^.——————■——————■ Mergers: Reshaping Pefroleum Politics Over the past few years, the world oil and gas industry has been experiencing a period of Natural Gas A Coal restructuring and consolidation. To maximise Competition in Power resources679 words
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EDITORIAL & OPINION
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Article, Illustration803 1999-08-12 10 Shada Islam - Prodi Co set for clash with EU politicians THE BOTTOMLZME OPINION Shada Islam The writer is a Brussels-based journalist who contributes to BT IT HAS been a long and difficult half-year for the European Union (EU). In March, the European Commission resigned en masse on charges of corruption and nepotism.803 words
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Article86 1999-08-12 10 'Now the government should realise that it cannot fool the people by disclosing artificial economic data such as strong economic growth in the second quarter or drastic interest rate falls.' Raden P&rdede an economist at PT Danareksa Securities in Jakarta, following the sharp drop in the Indonesian86 words
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Article620 1999-08-12 10 EDITORIAL THE recent performance of stock markets in the region has put paid to the pat predictions of a V-shaped recovery in Asia After euphoric run-ups in market after market in the first half of this year, there have been some sharp corrections of late.620 words
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Article, Illustration977 1999-08-12 10 Seth Mydans - Ordinary Thais now dare to challenge bureaucrats, using new law on freedom of information By\ Seth Mydans NYT WHEN Sumalee Limpaovart's six-year-old daughter was rejected by an exclusive government school earlier this year, Mrs Sumalee did something that would have been unthinkableNYT; FILE PHOTO - 977 words
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Article, Illustration1092 1999-08-12 10 Cooling Indo-Pakistan tre LESS than a month after India and Pakistan stepped back from a military clash in the Himalayan foothills of Kashmir, a new crisis has erupted in another tense border area. The latest episode involves the shooting down of a Pakistani military aircraft by1,092 words
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EXECUTIVE LIFESTYLE
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Article, Illustration415 1999-08-12 11 A plaque and film retrospective just about sum up British memory of its famous son AFP [LONDON) The centenary of Alfred Hitchcock's birth is passing with little more than a polite ripple of interest in his native England. Apart from a plaque marking one ofAFP - 415 words
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Page 11 Advertisements
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Advertisement446 1999-08-12 11 vtti i« i ii* Presented Diners Club Offers Personalised Cash Access Toap Where to wine, dine and entertain... intemationaT at over 30,000 locationsworldwide. 4545 j CELEBRATE THE LAST CENTURY WITH DE GRAND Happy Hours s.(M)ptn to 9. (Mtptu 1 )r.ilt beer per mug S(>.SO« 11 Dr.lit Ki r per jug446 words
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Advertisement24 1999-08-12 11 Buffet Dinner t Venue The Belvedere a iferffjßty :J*- BMuS (4di floor, Main Tower) «y as I3)J OcKwd Ro*d Stngapore 23M67 F« 732 216124 words
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Page 11 Miscellaneous
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Miscellaneous895 1999-08-12 11 CRYPTIC CROSSWORD in case (7) 28 Eastern politician, queen or 14 No i on ger brooding, dear...? YESTERDAY'S SOLUTION rnler (7) [f| i|r|s|t|clllalslsMfll|a|p| DOWN 16 React in an odd way. unaware 11 i UEM*|BfPl^pßupßl] 1 Fine example of quiet part of of what's gomg on (2,1,6) Spain (7) 17 Money895 words
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MOTORING
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593 1999-08-12 12 Christopher Tan - Open category drops to almost the same level as Category A in latest tender Christopher Tan [SINGAPORE] FINALLY, a correction in COE premiums is in sight. Category A, the mainstay segment for small and mid-range cars, eased for the first time in six months,593 words
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199 1999-08-12 12 MOTORCYCLE COEs are trending towards the $1,000level after remaining below it for more than a year now. In the latest tender, premium for bikes rose $212 or 30.8 per cent to $900, a 13-month high. An industry veteran attributed the upsurge to easy199 words
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Article, Illustration132 1999-08-12 12 [SINGAPORE] Zero to lOOkmh in 4.2 seconds. A top speed of3oskmh. Meet the new Porsche 911 Turbo, a monster machine to be unveiled at the Frankfurt Motor Show next month. Equipped with a 3. Mitre, twin-turbocharged flat-six that puts out 420132 words
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341 1999-08-12 12 Christopher Tan - All reports by Christopher Tan [SINGAPORE] More motor insurers have adopted the points rating system, according to the General Insurance Association of Singapore (GIA). Maurice Chia, the association's statistics convenor, said more companies had adopted the system or were marrying the system to341 words
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Article, Illustration390 1999-08-12 12 [SINGAPORE] MercedesBenz's cutting-edge keyless entry and ignition system made available in the recently launched new S-class will not see the light of day here. The system, which works on radio waves, does not meet certain guidelines of the Telecommunications Authority of390 words
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BUMPER to BUMPER
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Article113 1999-08-12 12 INCHCAPE pic, the world's largest motor distributor, is in talks with Autobytel, the US Internet car dealer, about launching online dealerships in Europe and Asia, according to the Financial Times. Quoting group chief executive Peter Johnson, FT said the move followed the successful launch of Autobytel113 words
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83 1999-08-12 12 CYCLE CARRIAGE has brought in the 1.4-litre version of the Mercedes-Benz A-class. Unlike the 1.6-litre offered so far, the car amies with basic equipment and trim. It is also a manual transmission model. The car is listed at $96,000 without COE (normal subsidy83 words
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78 1999-08-12 12 JAGUAR has appointed lan Callum, 45, its director of styling* replacing the late Geoff Lawson. Mr Callum will also be responsible for styling the Aston Martin, the other Ford-owned brand. He was chief designer and general manager of TWR Design for the past eight years,78 words
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Article, Illustration74 1999-08-12 12 BUSINESSMAN Lau Chung Hiong, 48, has won the Performance Motors Ultimate Challenge golf tournament at the Orchid Country Club. He lands himself a trip to represent Singapore at the BMW Golf Cup International World Final at Teneriffe, Spain. Mr Lau said he74 words
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Article76 1999-08-12 12 RENAULT'S Carlos Ghosn performed one of his first duties as chief operating officer of Nissan Motor recently by handing (Hit scholarships. Mr Ghosn presented certificates to students who completed the first year of the Nissan-NPO Learning Scholarship, a programme that allows students to be attached to76 words
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Article51 1999-08-12 12 ROLLS-ROYCE Motor Cars has appointed a communications manager for the Asia-Pacific region. Richard de Leyser, 37, was formerly with Porsche Cars Australia, and before that, the Inchcape group of companies. He Joins regional director Mark Tennant at the new Singapore representative office in Great World51 words
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Article58 1999-08-12 12 CITYCAB's frequent caller club—a taxi equivalent to a frequent-flyers' scheme—has attracted 350 members since its July launch. Tailored for those who regularly dial for a cab, the programme promises benefits such as a 24-hour priority booking hotline, two emergency taxi bookings (worth $10 each), regular pre-arranged58 words
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Article58 1999-08-12 12 Christopher Tan - Compiled by I Christopher Tan THIS year's CityTrans conference will be held in conjunction with Intertraffic, Intertransport Asia, and the new Interautomotive Asia. Scheduled for Sept 16-18, it will feature top speakers in the field, including Singapore Land Transport Authority chief executive Han Eng Juan and58 words
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Page 12 Advertisements
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Advertisement70 1999-08-12 12 fwr%4 I SAny petrol can power your car, but Formula Shell XO does more. Its revolutionary formulation y»j»^ cleans your engine as you drive, giving you a silky, smooth ride. Powerful Vaporon™ energy Aa\l/\ boosters unleash extra energy the instant you step on your accelerator. It's the most advanced petrol70 words
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COMPANIES & MARKETS
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559 1999-08-12 13 Teh Hooi Ling - CORPORATE RESULTS Q2 loss is nearly $lm; full-year profit will be under pressure in bid to widen customer base By 1 Teh Hooi Ling [SINGAPORE] Nasdaq-listed Pacific Internet's attempts to combat rival Sing Net and protect its market share in559 words
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365 1999-08-12 13 Jennifer Lien - By, Jennifer Lien [SINGAPORE] Eltech Electronics doubled its net profit to $4.1 million for the first half year ended June 30. Group pre-tax profit was 18.2 per cent higher at $4.4 million, but 83 per cent lower income tax resulted in the 102365 words
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827 1999-08-12 13 R Sivanithy - HOCK LOCK SIEW R Sivanithy ONE of the glaring deficiencies exposed in the recent stockmarket bull run and its subsequent correction is how unprepared the average local trader is when it comes to selling in this market. Put differently, most punters cannot conceive of827 words
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Article128 1999-08-12 13 As of yesterday, 39 locally-listed companies had released their financial results for the six months ended June 30,1999. They recorded a combined $2,126.0*11 in group profits, up 97.7% over the same period last year. The breakdown is as follows: Wo with profits 39 Wo with lo—s 0 U128 words
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Article, Illustration446 1999-08-12 13 Rahita Elias - Bretts will export raw timber products to KLW to process By Rahita Elias [SINGAPORE] KLW Holdings has signed a memorandum of understanding with Australian building materials wholesaler Bretts Pty Ltd, which should generate between $5 million and $8FILE PHOTO - 446 words
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COMPANIES
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Article, Illustration571 1999-08-12 14 Eddie Toh - Analysts say it'll have to absorb biggest number of loss-making financial institutions From Eddie Toh in Kuala Lumpur MULTI-PURPOSE Bank is expected to be the main beneficiary of the latest tax perks granted to help create six mega banks, analystsFILE PHOTO - 571 words
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140 1999-08-12 14 AFP [KUALA LUMPUR] Malaysia expects six local insurance companies to finalise details of their merger by the end of the year, a senior central bank officer said yesterday. Muhammad Ibrahim, the central bank's insurance regulation department director, was quoted by the officialAFP - 140 words
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Article, Illustration430 1999-08-12 14 Report puts tab of recapitalisation and bailout at 1.49t baht Bloomberg [BANGKOK] Thai commercial banks will need at least 600 billion baht (5526.4 billion) of additional capital by the end of 2000 to meet central bank standards, the executive chairman ofBloomberg; FILE PHOTO - 430 words
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245 1999-08-12 14 Bloomberg [BANGKOK] Delta Electronics, Thailand's largest maker of computer monitors and parts and a major exporter, said second-quarter profit fell by a third from a year earlier, as the stronger baht cut earnings in local currency. Delta posted aBloomberg - 245 words
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Article, Illustration454 1999-08-12 14 Quak Hiang Whai - It will pay USs37lm cash, USs229m in new shares, USssom in convertible notes Prrm) Quak Hiang Whai in Hongkong FIRST Pacific Company, which is controlled by Indonesia's Salim Group, yesterday received overwhelming approval from minority shareholders to buy a 40454 words
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247 1999-08-12 14 Reuters, Bridge News [HONGKONG] Hongkongbased First Pacific Co Ltd said yesterday it is continuing to negotiate separation terms for its joint ventures with China Unicom ahead of the Chinese telecommunications firm's initial public offering. "We continue to explore the issue with Unicom, but we'reReuters,; Bridge News - 247 words
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289 1999-08-12 14 Bloomberg [BANGKOK] Siam Makro Pel, Thailand's second-larg-est retailer, said second-quar-ter earnings tumbled 88 per cent, reflecting a revaluation of a property. Siam Makro earned a net 17.4 million baht (*****,452), or 0.07 baht per share, compared with 139.6 million baht, orBloomberg - 289 words
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COMPANY Briefs
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Article100 1999-08-12 14 Reuters [SINGAPORE] Singapore Telecommunications yesterday said it had started a 24-hour retail outlet on the Internet to sell products such as phones and fax machines. "With the growing popularity of the Internet in Singapore, we expect to see about 20 per cent of our retail sales madeReuters - 100 words
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54 1999-08-12 14 [SINGAPORE] CK Tang has appointed Quek Peck Lim as non-executive director and a member of its audit committee. Mr Quek is currently chief executive and general partner of Prime Partners Group. He was formerly director of BNP Prime Peregrine Securities and research director54 words
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Article108 1999-08-12 14 [SINGAPORE] Huan Hsin Holdings substantial shareholder Chang Yu Mei has sold 2.25 million Huan Hsin shares, paring her stake from 1.9 per cent to 0.8 per cent. As a result, her husband Hsu Hung Chun's deemed interest has fallen from 1.9 per cent to 0.8108 words
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75 1999-08-12 14 [KUALA LUMPUR] Arthur Andersen has been appointed special administrator of Malaysian-listed Sin Heng Chan, a feedmill manufacturer. Danaharta said no creditor may take action against the company during a 12-month moratorium. The loss-making company hit the limelight in 1996 when it offered to buy75 words
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Article49 1999-08-12 14 [KUALA LUMPUR] HLG Capital, which is part of Malaysian tycoon Quek Leng Chan's Hong Leong group, will sell its seat on the Hongkong Stock Exchange for HK$3.B million (SWOO.OOO) to Realink Securities. HLG Capital bought the broking seat for HK$5.l million in 1994.49 words
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63 1999-08-12 14 AFX-Asia [KUALA LUMPUR] Southern Bank Bhd said in a statement it has not been notified by the Keppel Group of any change in the tatter's shareholding in the bank. A statement from Keppel issued in Singapore earlier this week said Keppel planned toAFX-Asia - 63 words
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Article92 1999-08-12 14 AFX-Asia [KUALA LUMPUR] Edaran Otomobil Nasional Bhd (EON) has entered into a conditional agreement with Yasmin Holdings Sdn Bhd for the sale of EON's 51 per cent stake in Jurumuda Sdn Bhd for 11.34 million Malaysian ringgit (Sss million) cash. Jurumuda Sdn Bhd isAFX-Asia - 92 words
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REGIONAL COMPANIES
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Article, Illustration555 1999-08-12 15 Quak Hiang Whai - Analysts had seen up to HKs33lm loss; HEs322mounfrom investment sale erases operating loss From* Quak Hiang Whai in Hongkong CATHAY Pacific surprised the market yesterday when it reported net earnings of HKJIOB million (Ss23 million) for the first half, but the Hongkong flagshipFILE PHOTO - 555 words
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302 1999-08-12 15 Reuters [HONGKONG] Jardine Fleming Securities Ltd said yesterday it plans to launch an Asian online stock trading service by the end of this year. The company, a unit of British investment bank Robert Fleming, plans to launch a system that will allowReuters - 302 words
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254 1999-08-12 15 It's not a big lender to the troubled group, they say Bridge News [HONGKONG] Analysts believe the current financial difficulties at South Korea's Daewoo Group won't have a great impact on UK-based, Hongkong-listed HSBC Holdings, due to the bank's smallBridge News - 254 words
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136 1999-08-12 15 AFP [TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC) said yesterday that it will raise its capital expenditure by 11.7 per cent to US$l.24 billion (Ss2.l billion) for 1999 to expand production capacity amid brisk business. The funds would be used to speed up expansionAFP - 136 words
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INTERNATIONAL COMPANIES
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267 1999-08-12 16 Bloomberg [SYDNEY] Australian Internet companies that delivered big windfalls on their debuts in recent months have plunged as low as 70 per cent from their selling prices, forcing a likely halt or delay to planned Internet share sales. "The pipeline isBloomberg - 267 words
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Article, Illustration537 1999-08-12 16 Free use of untested metrics helps analysts pat a firm in the best light Reuters [PALO ALTO. California] A Stanford University professor studying the ways financial analysts rate Internet stocks has concluded the process is highly subjective, involving untested financial modelsReuters - 537 words
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481 1999-08-12 16 Bat the insurance market is not looking at demntualisation Reuters [LONDON] Lloyd's of London, the world's oldest insurance market, says it is looking at ways to modernise but the corporation is not discussing demutualisation of the Corporation of Lloyd's, the market's central business development,Reuters - 481 words
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Article373 1999-08-12 16 Ten's rise against US$, lower domestic sales cited for fall Bloomberg [TOKYO] Honda Motor Co, Japan's third-largest automaker, said first-quarter profit fell 6.9 per cent ending a string of nine straight quarters of record profit as the yen rose against the dollar and domestic salesBloomberg - 373 words
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223 1999-08-12 16 Bloomberg [SYDNEY] Commonwealth Bank of Australia, the country's No 2 lender, said yesterday that its second-half profit rose a better-than-expected 9.2 per cent on strong growth in the financial services division and continued cost savings gained from new technologies. Sydney-based Commonwealth Bank's after-tax profitBloomberg - 223 words
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Article298 1999-08-12 16 Bloomberg [BENTONVILLE, Arkansas] Wal-Mart Stores Inc's fiscal second-quarter profit rose 21 per cent as the expanding US economy and a push into groceries boosted sales. The world's largest retailer also clamped down on costs. Net income rose to US$l.25 billion (Ss2 billion), or 28 centsBloomberg - 298 words
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GLOBAL Briefs
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87 1999-08-12 16 Bloomberg [TOKYO] Takashimaya Co, Japan's largest department store operator, is likely to report a parent operating profit of 3.4 billion yen (5549.4 million) for the half-year to Aug 31, down 10 par cent on the year, the Nthon Keizai newspaper said. A Takashimaya spokesmanBloomberg - 87 words
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Article80 1999-08-12 16 Bloomberg [REDWOOD SHORES, California] Oracle Corp, the No 1 database software maker, formed a new business unit to develop and market Linux software as it throws more support behind a competitor to rival Microsoft Corp. "We're seeing a huge demand for our products onBloomberg - 80 words
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Article52 1999-08-12 16 Bloomberg [SAN JOSE] Cisco Systems Inc, the No 1 maker of Internet equipment said fiscal fourth quarter profit rose 29 per cent, driven by sales to phone companies and small and medium-sized businesses. Net income in the period ended July 31 rose to US$635 millionBloomberg - 52 words
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COMPANIES
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Article, Illustration523 1999-08-12 17 Mew entity will be world's biggest aluminium company Reuters [ZURICH] Alcan, Pechiney and Algroup announced a huge transatlantic merger yesterday to form what they called the world's biggest aluminium company and take on market leader Alcoa. Faced with a rapidly consolidating industry andReuters; REUTERS - 523 words
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343 1999-08-12 17 MCI World Com working with Lucent to correct problems Bloomberg [CHICAGO] The Chicago Board of Trade's electronic trading system reopened on Tuesday, five days after it was crippled because of a "catastrophic" outage of a switching system operated by MCI World Com Inc.Bloomberg - 343 words
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278 1999-08-12 17 LAT-WP [SAN FRANCISCO] Silicon Graphics Inc (SGI), a struggling pioneer in sophisticated computer graphics and special effects, announced yesterday that a major restructuring that will result in the loss of up to 1,500 jobs or 17 per cent ofLAT-WP - 278 words
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FINANCE & COMMODITIES
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225 1999-08-12 18 It charges fraud, racketeering linked to copper scam Bloomberg [NEW YORK] Sumitomo Corp, the Japanese trading company that lost US$2.6 billion (554.4 billion) in a copper trading scandal three years ago, sued JP Morgan Co for more than US$735 mUlion. The lawsuit against JPBloomberg - 225 words
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378 1999-08-12 18 SEC charges two former Coopers Lybrand auditors They are said to have missed many irregularities in a 1994 audit Reuters [SAN FRANCISCO] The Securities and Exchange Commission on Tuesday charged two former Coopers Lybrand accountants with reckless conduct for their 1994 audit of a California firm whose top executives laterReuters - 378 words
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Article, Illustration57 1999-08-12 18 [MOSCOW] Traders playing chess and read newspapers at the Moscow stock exchange on Tuesday as trading activity was affected by the latest government crisis. The rouble rallied by 1.1 per cent to 25.01 against the dollar Tuesday from Monday's close 0f25.290n the Moscow Interbank CurrencyREUTERS - 57 words
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509 1999-08-12 18 He will see to admin chores, oversee arbitrage ops NYT [NEW YORK] Hoping to turn around a dismal performance at his US$l3 billion (5521.7 billion) hedge fund family, George Soros has picked Duncan Hennes, the former treasurer of Bankers Trust Corp, to serveNYT - 509 words
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304 1999-08-12 18 Bloomberg [NEW YORK] Citigroup Inc, the world's biggest financial services company, said customers will soon be able to bank, trade stocks and buy insurance from their mobile phones and other portable devices. Beginning in some Asian countries later this year, Citigroup's e-CitiBloomberg - 304 words
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SMALL Change
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64 1999-08-12 18 Reuters [SEOUL) The Korea Futures Exchange (Kofex) said yesterday that it would begin test trading of three-year government bond futures contracts on Aug 16. "The test trading would last about a month and involve the September and December contracts of the three-year governmentReuters - 64 words
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74 1999-08-12 18 Reuters [MELBOURNE] Macquarie Bank and broker JB Were plan to have a new equities trading clearing house up and running in the second half of2ooo, the two groups said yesterday. Macquarie Equities and Were, which each clear about 120,000 trades a month on the AustralianReuters - 74 words
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84 1999-08-12 18 Bloomberg [ST LOUIS] General American Life Insurance Co was placed under supervision by Missouri regulators after it said it couldn't meet all the demands of customers seeking to withdraw US$6.B billion (5111.6 billion) from investment contracts similar to certificates of deposit. It received an "unexpected" volumeBloomberg - 84 words
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72 1999-08-12 18 Bloomberg [CHICAGO] Bank One Corp, the fifth-largest US bank, awarded contracts valued at more than US$6OO million (SSI billion) to AT&T Corp and IBM Corp, expanding the Technology One Alliance the three entered into last year. Under a US$465 million contract, AT&T willBloomberg - 72 words
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221 1999-08-12 19 Daphne Tay, Jardine Fleming - ffSMfSK Reports MSCI Singapore Index Daphne Tay, Jardine Fleming THE local bourse continued to drift lower yesterday, afflicted by continued concerns about higher interest rates ahead, Wall Street's overnight weakness, and the generally lethargic mood prevalent in the market of late. Adding221 words
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201 1999-08-12 19 Cecilia Woo Refco Singapore - MSCI Taiwan fatures Cecilia Woo Refco Singapore THE Simex MSCI Taiwan Stock Index futures yesterday lost its momentum to sustain the gain made the previous day and ended down 3.6 points in the August contract. The Taiex was also down, settling 40.92 points off the201 words
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193 1999-08-12 19 ENERGY REPORT Reuters [LONDON] Oil prices climbed to a 22-month high yesterday on fresh evidence from the United States that petroleum stockpiles are waning. Benchmark Brent blend crude oU reached U5520.67 a barrel by mid-afternoon in London, up 18 USReuters - 193 words
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Article318 1999-08-12 19 Reuters London THE dollar was stagnant against most major currencies yesterday, edging slightly above recent lows amid lingering worries that an imminent US credit tightening could further damage the shaky asset markets there. The pound was bolstered by strong UK economic data and a hawkish Bank of EnglandReuters - 318 words
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Article, Illustration1301 1999-08-12 19 DfTERBAWK CROSS RATES 4 C$ Bwb E«ro Ffr Dm HK$ Hid »s BupUh Van Won KM WZ$ Pah Bs Peso S$ Bind Sfr HT$ Bart Pnni USj f** 4 0969 "J 0W5 3.967 1183 5.026 28.146 50.278 0.743 7.781 2.461 1.231 33.515 25.340 1.079 3.988 0.969 20.798 24.543 0.401 0.6481,301 words
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Article1820 1999-08-12 19 SICOM FUTURES Aug 11 RUBBER (futures dosing as it 5.30pm) RSS1 CONTRACTS ccntsAq) Close VotaiM OfWfl Month High Low Sett (townes) Interest Sep 99 92.75 1200 Oct 99 95.00 300 *0V 99 98.00 98.00 96.50 600 300 Dec 99 98.25 300 Jen/M* 00 ***** 300 Apr/Jan 00 105.25 ■M/Sep 001,820 words
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Article, Illustration1382 1999-08-12 20 AFP QHangSeng -15&91 HONGKONG share prices dropped 1.3 per cent yesterday because of concerns about US interest rates and tension in the Taiwan Strait, dealers said. "The market is weak because of the same old worries, such as interest rates and tension between China and Taiwan," said Patrick Yiu,AFP - 1,382 words
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Article334 1999-08-12 20 AFP DWPMn -40J2 TAIWAN share prices closed 0.6 per cent lower yesterday as investors took profits on a big surge in the previous session, dealers said. The Taiwan Stock Exchange Weighted Price Index slipped 40.92 points to 7,228.68 on turnover of NT5117.33 billion. Decliners led advancers 301 to 143,AFP - 334 words
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Article, Illustration578 1999-08-12 20 Reuters QgmnrfMaßlndei -0.73 SHENZHEN'S hard currency B shares finished lower yesterday as poor first-half earnings figures from blue-chip Fangda cast their shadow over the market for a second day. The B share index fell 0.73 point, or 0.83 per cent, to 87.44 but business was brisk with turnover ofReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 578 words
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Article2251 1999-08-12 20 LWflWH Mistrials AeglO PwnW *h 31 Croup 7.89 0.03 Abbey National 9.85 -0.11 A B Foods 4.05 -0.10 A B Ports 2.94 -0.01 AstraZwwca 22.17 -0.52 Alliance t Leicester 7.86 -0.18 Allied OoflMcq 5.58 -0.09 AMed Zurich 6.84 -0.26 Anglo American Cold 43.70 unci) ASOA Group 2.202,251 words
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Article1608 1999-08-12 20 AFP nwktdaas +107 SHARE prices in Tokyo inched up 0.1 per cent yesterday with investors hoping for a brighter outlook for the world's second largest economy, brokers said. The Nikkei 225 index rose 9.07 points to finish at 17,211.16. Trading was thin throughout the day with many investors onAFP - 1,608 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration394 1999-08-12 21 AFP, AFX-Asia H Composite Index +4iC MALAYSIAN share prices closed 0.7 per cent higher yesterday as investors snapped up speculative index-linked stocks to offset mild foreign selling. Dealers said the local bourse had generally stabilised but foreign selling was likely to continue in the immediateAFP,; AFX-Asia - 394 words
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Article8388 1999-08-12 21 INDUSTRIALS Com—ir pnMi 19*9 Last Vol Day Net Cap High Low Company Sato OOP High Low PH imU 440 255 Ajinomoto 310 -2 2 310 310 19.7 125.6 174 46 Anglian 88.5 1 168 90 88 130.5 404 220 Apollo Food Mig 300 10 13 300 290 10.4 120.0 2948,388 words
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WARRANTS, OPTIONS & REGIONAL MARKETS
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189 1999-08-12 22 R Sivanithy - WARRAHT WATCH -By R Sivanithy THE Malaysian market looks like it might have reached some kind of bottom for now, judging by yesterday's movements. Also, with an election on the horizon, one can expect the stock market to enjoy some sort of a189 words
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Article225 1999-08-12 22 homkom stocks Cr Cr W-W» Last Vol Day Lut OuaU Otv CM* W M M Cap KHfti La* Stno Coma it 1 Mi fOOOl Lav Buyar Saki Cw P/C Sm* 365 >73 5123 CDM2000)HK 277.5 20 6 285 277.5 272.5 8 X7 2.9 9.4 ***** 5124 Cathay Pac225 words
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Article2127 1999-08-12 22 BONOS, LOANS t WARRANTS m S2-WH Last Vol Day La»« Ovot* Avg High Low Stno Company Sato «or- COOP) High Low Buyar Jttor Meo 104 3 i 3160 "Acer *(*****1USS 34.5 -2 195 38 34.5 34.5 35.5 80 4.5 s 3164 Acma W*****4 32 -2 193 35 32 32 332,127 words
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Article295 1999-08-12 22 AFP n Wellington -11.82 TELECOM Corp led New Zealand share prices down 0.7 per cent yesterday in lifeless trade, dealers said. The NZSE-40 Capital Index fell 14.82 points to 2,150.28 on turnover of NZ$BO.7 million. Telecom was down 10 cents at NZ$B.6O. AFP Mn (DOO) A«vant*9* MOS 1 2.5SAFP - 295 words
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Article, Illustration861 1999-08-12 22 AFP □SET Index THAI share prices closed 2.2 per cent lower yesterday, with investors cashing out to buy dollars, dealers said. They said sentiment was weak following falls in most regional markets, particularly Singapore, amid investor concerns over a possible US rate hike and Chinese yuan devaluation. The StockAFP - 861 words
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Article408 1999-08-12 22 AFP P Composite Index -24,58 SOUTH Korean share prices closed 2.5 per cent lower yesterday after the Daewoo Group and creditors delayed the unveiling of the conglomerate's final restructuring plan, dealers said. LG Securities analyst Yoon Sam Wui said the delay in the release of Daewoo's overhaul blueprint triggeredAFP - 408 words
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Article657 1999-08-12 22 AFP gAnOrimirie, -ZLB AUSTRALIAN share prices fell 0.8 per cent yesterday, forced down by weakness in key blue-chip stocks amid lingering fears over interest rates, brokers said. The All Ordinaries Index closed 23.8 points lower at 2,934.90. The All Industrials Index lost 37.6 points to 5,042.70 and the AllAFP - 657 words
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Article, Illustration738 1999-08-12 22 AFP n Composite Index -22.08 INDONESIAN share prices slumped 3.8 per cent yesterday on a sharply weaker rupiah and the ongoing investigation into possible corruption at the private Bank Bali, dealers said. An analyst with a state brokerage said the Bank Bali probe and the suspension of trading inAFP - 738 words
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Article296 1999-08-12 22 AFP n Manila -72^9 PHILIPPINE share prices plummeted 3.3 per cent yesterday to a four-month low on fears of higher interest rates in the United States, analysts said. The Composite Index fell 72.89 points to 2,157.89. Turnover fell to 1.73 billion shares worth 2.39 billion pesos from two billionAFP - 296 words
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7257 1999-08-12 23 Transaction date: Aiu; 11 Or Or M *ft S2 -Wk Last Vol Day Last Qua** Dhr Olv yid Net Cap _Avg High Low StNo Company Solo COOOI HH* Low Buyer Seller C'»r H P/C $mtl Price MULTI-INDUSTRY 182 17.5 m b lOOO Acma 50c7,257 words
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Article1398 1999-08-12 23 Of Or m art 92-Wk Lad V«4 On Last Ouata Ohr Dtv YM Nat Ca» Ay* Hfi Law «Wa Ciiw> *f COOP) HH» Laar 8»yaf laOar Cw P/t Prtca mrnif actuiiwo 218 30 C 2049 'ASAutalOc 174 *2 236 174 165 170 173 ION 0.6 190.7 175 137 451,398 words
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STOCK EXCHANGE OF SINGAPORE
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Article406 1999-08-12 24 Stocks Volum# Asia FoodiProp USS 15,207.000 Hotunglnv MT5 12,099,000 •Genting Int 10,772,000 Golden Agri USIOc 10,738,000 NOL 8,245,000 IPC Corpn 5c 6,750,000 *TanChonglnt50c 6,705,000 Huan Hsin 20c 6,246,000 Eagle Brand Hldgs HK75c 6,088,000 First Capital 5,731,000 Stocks DBS Foreign 38,261,909 OCBC Foreign 25,688,697 SPH 20,279,856 OCBC 20,030,115 City Oev 50c406 words
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Article, Illustration586 1999-08-12 24 R Sivanithy - STOCK MARKHT COMMENTARY Local factors such as superior earnings and improving economic data brushed aside; chartists stay wary By R Sivanithy RISING US bond yields took another chunk out of local equity prices yesterday as nervous investors continued to586 words
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ON THE GRAPEVINE
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Article74 1999-08-12 24 IN the latest COE tender, someone bid $14,680 for a motorcycle COE more than 16 times the successful attempt ofl9oo. Even if it were a mistake (it was probably meant for the commercial vehicle category), the bidder would have to register a motorbike and wait for a74 words
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Article217 1999-08-12 24 COMPUTERS, fax machines, voice mail and other technological advances have led to more stress In the workplace, according to almost half of the respondents to a technology survey by US-based computer accessories maker, Kensington Technology Group. Bloomberg reports that some 47 per cent of American workers surveyed said217 words
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Article52 1999-08-12 24 LITTLE-FOLLOWED textile firm Putera Capital Bhd is rumoured to be keen on diversifying into the stockbroking industry. According to the grapevine, Putera Capital may join the stockbroking big leagues by taking over and merging five to six ailing brokerages under the auspices of national asset management52 words
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Article123 1999-08-12 24 BESIDES claiming to be a pioneer in in-flight service which they claim even other airlines talk about, Singapore Airlines is believed to be one of the first in the region to introduce non-smoking flights. We're told now that, much to the chagrin of its regular commuters, Korean Air123 words
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Article, Illustration64 1999-08-12 24 Wong Wei Kong - -By Wong Wei Kong LION Asiapac shares closed half a cent higher at U550,215 yesterday, one of the few stocks on the most actively traded list to end up. Volume was 4.4 million shares, compared with the 10-day traded average of 3.4 million units. The technical indicators are64 words
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Page 13 Advertisements
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Advertisement39 1999-08-12 13 B V LG A R I The Quadrato watch Available in Singapore at Bvlgari, Hilton Hotel 737 1652 Takashimaya Department Store 735 6689 and: Dickson Watch Jewellery, The Promenade 732 8900 Centrepoint 734 5822 Suntec City Mall 336 487139 words
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Page 14 Advertisements
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Advertisement26 1999-08-12 14 HPHHH IgMM Personal Finance Unit Trusts •Property Stocks •Epicure Every Friday ixuamvi: J > in THE BUSINESS TIMES. jQ' feiwk A must-read J for your long weekend.26 words
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Page 15 Advertisements
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Advertisement23 1999-08-12 15 p e^ y g e3sc f, I I !&l ilk Jt "'4 %Ji nt. IBM L jE *T^®lSnllHießs^^^^B™l *8 21 j^Ri^^^HH& > *9 SHL^H23 words
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Page 16 Advertisements
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Advertisement79 1999-08-12 16 rf'; City Cab is proud to be a member of the Singapore Quality Class -vr r V k Our range of services includes f the following: 553-8888 (credit card) f' Airpojt Direct Frequent Caller Club V vehicles for personalised transport service ™aP J pleasurable rides for enquiries, please call Customer79 words
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Page 17 Advertisements
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Advertisement61 1999-08-12 17 1 I "Vr jW ,J^M -3RaasP«r a r \^h "V ■L^W 1TTI Daikin I state-of-the-art I room system for high tech, dust-free I HI Hr 2S9I Hflfll B jr i ii ill 53 BiWrEB W* jjj m/r ffil I rtfwm W ■•-in*mi g^Eniuyngfl mf Cj ~n- 'c :Jf v -f61 words
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Page 18 Advertisements
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Advertisement1014 1999-08-12 18 N' KALFARM FINANCE LIMITED as Issuer (incorpofated with limited liability in the British Virgin Islands) PT KALBE FARMA TBK as Guarantor (incorporated with limited liability in the Republic of Indonesia) NOTICE OF A MEETING of the holders of the outstanding US$lOO,OOO,OOO GUARANTEED FLOATING RATE NOTES DUE JULY 1999 Notice is1,014 words
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Advertisement7 1999-08-12 18 nhe Zaobao /IttfilKSSl &3W6M«rmp? «W&» tiHnw «&iskss7 words
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Advertisement90 1999-08-12 18 We provide consultancy services on offshore structures, shelf companies and incorporations in ALL jurisdictions including British Virgin Islands Mauritius Cayman Islands Hongkong Bahamas Samoa j Full rtomfhee, management, corporate secretarial and professional administration services are available. We specialize in offshore trusts, offshore banks, and captive insurance companies for qualified applicants.90 words
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Advertisement27 1999-08-12 18 Classified First. Want a home tvith a sea view? Or simply seeking a new nest? Make the right move: Check The Straits Times Classified First. I ktIMIFWI27 words
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Page 20 Advertisements
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Advertisement100 1999-08-12 20 Hello. I m calling about Wr Gosh, you re y f OU nd m y pet through I your advertisement in I great...just like c I ti o t". .f. j 1" '"t I it II The btraits I lmes Classified. I Hi i m- v i M \1 m100 words
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Page 21 Advertisements
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Advertisement21 1999-08-12 22 EXECUTIVE jjfeityk, Doirt leave the fcMmw, office without them Every Friday... in THE BUSINESS TIMES. Must reading for your long weekend.21 words
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Page 23 Advertisements
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Advertisement21 1999-08-12 23 The full use ;i I Imagination OF TODAY I THE BEST IMPORTANT PREPARATION //,an TOMORROW J k\ki \iLKM MS 1 KNOWLEDGE^21 words
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Page 24 Advertisements
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Advertisement499 1999-08-12 24 Toothache 7 See your dentist investment advice? You need DBS Investor Online Get the Best Call us at 323-3955 S3l )l to BANK NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 SALE OF BUSINESS ASSETS The business and assets of an established tin-can manufacturer are available for499 words
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Advertisement129 1999-08-12 24 f IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ABRAHAM BOOK CENTRE (S) PTE LTD <ln Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308< 1) of the Companies Act, Cap. 50 that the Final Meeting of Members of the abovenamed129 words
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Advertisement28 1999-08-12 24 With reference to Liquor Licence of Sia Chee Yeow dated 4th August 1999, the licence should read as "Hrst Class Beer Noose" Instead of "Retail Beer Shop" j28 words
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SHIPPING TIMES
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Article310 1999-08-12 25 Bridge News, Reuters PANAMAX trading was again stalled in the Atlantic, although so far rates remain steady and could rise again, according to brokers. Futures remain uncertain as to the next move, Clarkson Securities Ltd said in its daily report. Traders cannot make up their minds whether orBridge News,; Reuters - 310 words
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Article288 1999-08-12 25 *55 a w CWT Distribution 1.24 -OOI 102 Chum Hup L20 -0.02 220 Cotco im*>tm*nt 124 -0.01 64 Freight LMl 0J2 -0.01 3341 GB Holdings 0.90 -0.01 128 Hai Sun Hup 0.70 -0.02 851 IMC Holdlngs-HK 5.60 unch 0 Jaya Holdings 0.95 -0.02 240 Jurong Shipyard 7.50 KX20288 words
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Article, Illustration380 1999-08-12 25 Marcus Hand - Maritime authorities will be able to work even more closely on matters like policy and operation By Marcus Hand [SINGAPORE] The Maritime Port Authority of Singapore (MPA) and the Australian Maritime Safety Authority (AMSA) signed a memorandum of understanding (MOU) to establish closer cooperation betweenFILE PHOTO - 380 words
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840 1999-08-12 25 David Hughes - MEWBUILDS By David Hughes DESPITE an apparently busy couple of weeks in the newbuilding market, the signs seem to be that demand is dropping off. Both Korean and Japanese statistics report a decline in orders. The latest figures from the Japanese government840 words
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382 1999-08-12 25 S Shivani - China, Middle East rivals are improving facilities, cutting costs: Lee Boon Tang By\ S Shivani [SINGAPORE] Singapore's marine industry may face challenges this year from increased international competition despite an economic recovery, Manpower Minister Lee Boon Yang said on Tuesday. Speaking to employees382 words
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Article, Illustration679 1999-08-12 25 Productivity has gone up as workers stop taking lunch together AFP [COLOMBO] Sri Lanka's dockers have shed their centuries old tradition of taking lunch together in a bid to increase productivity and make Colombo South Asia's key hub port. The planAFP - 679 words
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PORT Shots
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Article49 1999-08-12 25 (LONDON] Tecon container terminal in Santos, Brazil, has seen a 5 per cent increase in throughput during the first half of 1999 compared to the same time last year. The privatised terminal has handled 139,690 TEUs (20-ft equivalent units) so far this year.49 words
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Article43 1999-08-12 25 [LONDON] UK shiprepairer AAP Group has won a refit contract worth US$7.5 million (S$ 12.52 million) from the UK Ministry of Defence for the Royal Navy auxiliary supply tanker Brambleleaf. The job will take two months to complete.43 words
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Article53 1999-08-12 25 [LONDON] Tecomar will become a part of fellow shipping group TMM and will have its existing services marketed under the TMM brand name following the reorganisation of TMM liner division's Mexican operations. The company said that the integration would allow the combined service to53 words
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Article, Illustration746 1999-08-12 26 JUST-IN-TIME DELIVERY Third-party logistics providers are increasingly used by MNCs to be their supply strategists and orchestrators IT was not so long ago that European telecommunications and automotive customers had to wait two weeks for their electronic component orders to be delivered to them from HewlettFILE PHOTO - 746 words
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Article187 1999-08-12 26 PAGE Djak Lloyd 6 ACL 6 DonQnama 3 ANL 3 ECUL 6 Accord 8 ECL Appefiship 5 Ew9few 6 Austral 8 8 Balaji SApg 5 GLink 4 Gemartrans 6 BSA 7 M Hangli 7 B tang Mas 8 Hanjin 3 CCNI 7 Heunq-A 4 CMA 8 Hyundai187 words
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Article18759 1999-08-12 33 THEBUSINESSTIMES THEBUSINESSTIMES EXPORT ETA ETA Advertiser Vessel Voyage Telephone ETA ETA Advertiser Vessel Voyage Telephone SIN Dest'n Name Name Number Number SIN Dest'n Name Name Number Number 02/09 27/09 COSCO EVER GARDEN 0003W 65 *****00 To ABIDJAN (ABJ) 2003 Cote D'lvoire To BURNIE (BUR) 2061 Australia 20/08 01/1018,759 words
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SHIPS IN PORT
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Article806 1999-08-12 37 Vessel Voy No Berth Arrival Departure Atlantic Sap 6 """"''Si IWa/JK) n/0W2340 Love Sonq 16 JW *fig5P tUMMO Or 18 J***** J18 11/08/9:10 1V08/16:00 Bt liar Baru ***** J01 11/08/8:00 IffiS/ESS? Petroventure 13/99 J11 11/08/9:15 U/MMXW G Enpress 811/99 J12 11/08/8:20 11/08/2340 turn 4 1 J03 11/08/8:40 n/OS/^OO806 words
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Article1855 1999-08-12 37 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booklnq/B*Ur»ce Rstls Ship Voy No Etb/Btr Portod From To From tat Coflff AE903S 12/0400 U 10/H00 n/1900 KVT500 n/*59 10/1900 2A 10/1700 1V0659 TOM n lo/tToo ivo*» n/0900 J IV0700 1V1H9 TVMOO 4 n/Koo n/M5» n/iToo I kmtm 9n<tg« 9061,855 words
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Article191 1999-08-12 37 An| 12 Thailand: HM Queen's Birthday. Ang 15 Belgium: Assumption Day. Hong Kong: Sino-Japanese War Victory Day. Luxembourg: Assumption Day. Aagl7 Indonesia: National Day. Anf 29 Philippines: National Heroes Day. An«3o United Kingdom: Summer Bank Holiday. Aug 31 Malaysia: National Day. Sepl Mexico: State of the Nation (optional).191 words
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Article814 1999-08-12 37 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market Prices shown are based on average sized stem. Market movements are indi cated The Cockett Bunker Price Index change814 words
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Article499 1999-08-12 37 Carton 180 Max 990.4 8.1 173 0.10 78 O/F Am 5 Oewltr Water Residue Ask AiMitntan Sediment tboyt E25 0 1 2 380 Ave 985.6 0.4 14.4 0.07 40 0.02 titwl. 380 Max 1005.0 2JS 20.8 0.14 235 0.08 »6/w3 M/M %M/w mi —ttw« No above499 words
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AIR&LAND TRANSPORT NEWS
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Article, Illustration441 1999-08-12 38 China Airlines'jet orders signal Asian carriers' renewed purchasing power AFP [PAßlS] Aviation giants Boeing and Airbus are once again set to do battle for dominance of the mega-liner market in Asia, as signs of an economic recovery point to renewed purchasingAFP; REUTERS - 441 words
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529 1999-08-12 38 It will also buy 7 passenger planes from Airbus Reuters [TAIPEI] Taiwan's top carrier, China Airlines, said yesterday it would buy 13 cargo jets from Boeing of the US and seven passenger aircraft from European consortium Airbus Industrie. China Airlines also said itReuters - 529 words
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602 1999-08-12 38 NYT [WASHINGTON] Growing discontent in the crowded skies have caused complaints about airline service to more than double from a year ago. A total of 5,005 complaints were lodged against the major carriers in the first six month of thisNYT - 602 words
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421 1999-08-12 38 Bloomberg [BEIJING] China Southern Airlines Co, China's biggest airline by fleet size, said sales rose in July for the first time in five months as demand on international routes strengthened. Total passenger volume rose 0.6 per cent in JulyBloomberg - 421 words
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Article, Illustration55 1999-08-12 38 [YOKOSUKA] The world's biggestfloating airstrip, Megafloat, weighing in at 40,000 tonnes, rests in position in Tokyo Bay, ojfYokosuka. The 1,000 metre long, 60-metre wide strip is a three-yearlong test project which cost U*****.3 million (*****.38 million). The project aims to prove that a floating platform canAFP - 55 words
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Article1831 1999-08-12 38 CITY FUGHT ETA FLIGHT ETO N***** 1605 LH6373 2355 MM IA7381 1930 BA7302 2055 »2007 1605 S026 2355 0FI2 2055 J® AN8229 W iP LH6380 2230 M—to SOW IMS S0990 0105 S0229 2230 Gwazkaa WW? 1905 0835 AactarMa KLB37 M55 GA972 0010 C2353 2045 $0004 10201,831 words
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Page 25 Advertisements
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Advertisement21 1999-08-12 25 UPS tightens supply chain Third-party logistics providers are increasingly used by MNCs to be their supply strategists and orchestrators. Page 221 words
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Advertisement9 1999-08-12 25 For faster business turnover, flip to the back page.9 words
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Advertisement20 1999-08-12 25 Airbus and Boeing step up battle for Asian skies China Airlines'jet orders signal Asian carriers' renewed purchasing power. Back Page20 words
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Page 26 Advertisements
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Advertisement204 1999-08-12 26 Keep in Touch y'When you need answers fast: Whatever, wherever and whenever you ship between Asia, North America and Europe, you're always in touch with NYK with Real-Time Shipping Information Y (global home page) www.nykline.com (for USA rates) www.na.nykline.com in -1n -[iiiiiff k. 7~'*' SH^I jag -.q^as NIPPON YUSIN KAISHA204 words
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Advertisement734 1999-08-12 26 Lines services represented by Members of the Registry ot c Accredited Shipping Agents. SjUU Singapore Fright Forwarders S pore National Shipping Assoc Association ULY UNE MALE I VESSEL VOY ETA [~fTA flw P.KLAHC STORE MALE Empress Lily V 0499 18/08 19/08 28/08 Princess Uly V 0899 04/09 05/09 14/09 Empress734 words
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Page 27 Advertisements
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Advertisement1122 1999-08-12 27 SAX SERVICE (DIRECT) Ivcsa voy swtn uu oa* pai hou oo ax rbo ah ntc awsahomtx 0131 21/07 os/oe 10/00 io/oo io/o> 10/00 io/o» 10/01 11/00 n/00 AftTOUMMUNE 0271 a/07 12/08 17/06 17/08 17/01 17/06 17/01 17/01 1«/ D» U/0» AfllAfli 0131 04/06 19/06 24/06 24/06 24/06 24/06 24/00 24/061,122 words
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Advertisement2123 1999-08-12 27 ®HANJIN SHIPPING llkF I tfcMydn -Ub *****30 HANJM SMPPING m ITS h»//«. cm WOW* *****3S 737 SMB *****74 731 DOCUMWI *****71 774 OTBUTKMS *****5»751 MAIN UM *****5S f« 7779H0 CI MO 11 *****000QM TO NW USA A CANADA USA CANADA* HMVa/VOT OAM 5 IRRHAIA/VOT sETI fiw DBt PM 5i KP2,123 words
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Advertisement249 1999-08-12 27 FULLY COMTAINHHIP PIPICATIP HiVICBI KMTC PROVIDES «MT( HOM6KOM6 fllS 15/ M 17/ M till U/M 22/ M 24/ M 27/W 27/ M ACtUP 02M 20/ M 21/ M JVM CONTAINER SERVICE KMTC PUSAM HIS 20/ M 27/ M H/M 31/ M 11/W MOKUHU 21S 22/ M 24/ M 2M 2S/M249 words
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Page 28 Advertisements
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Advertisement1621 1999-08-12 28 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERBANEANCANADA vessel vor w ia w nw nt» m vttsti wt mm ai ot re «u wh MERKUR STAR WMM 11M MM 06» BN UN KM CHOYAMG CHAMCt **W» 14 M J1« EH MM MM 14 H HAMJM GENOA WO93S 15 08 MM 07 M1,621 words
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Advertisement986 1999-08-12 28 mjkM MAC-NELS S PORE M'SIA CafTlar: MM CONTR LINES, INC p.guoang: 07)*****26 I I" l\~/ JCW OOOc IROOS7R4BOOR SOU: (004)*****9 MANILA: (632) *****24 V PENANG: (04) *****36 BANGKOK: (062) *****67 SURABAYA (31) *****11 P. KELAWG: (03) *****77 JKH (21)*****46 KUCXMG (082) *****1-3 MADRAS T VANCOUVER MV "TIGER PEARL V.728N MV986 words
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Advertisement525 1999-08-12 28 EXPRESS CONTAINER FEEOER FOR N.SHEVA/ COLOMBO Viml S PORE N SHfVA COLOMBO P KLANG TARPON SILVER V iew II AUG 23 AUG 31 AUG 05 SEP CAPE CANAVERAL VIIOW 23 AUG 31 AUG 17 SEP 12 SEP TULSIOAS Vll3 30 AUG 17 SEP 14 SEP It SEP TARPON SILVER V525 words
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Page 29 Advertisements
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Advertisement1394 1999-08-12 29 [vessel voy khh hkg sin pkg pqb pxb dmm ba bik 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 11/09 12/09 13/09 15/09 17/09 IRAN TEYFOURI PCL-5118 01/09 03/09 07/09 08/09 17/09 18/09 19/09 21/09 23/09 IRAN BAABAEI PCL-51191,394 words
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Advertisement1227 1999-08-12 29 Direct Calls to Koto (6 Doy»),l Nagoya (7 Days) Tokyo Days) I I SINGAPORE S GENERAL AGENTS 80 ROBINSON RD TEL: 226 1900 FAX: *****08 OUTWARD (B I) COSTAR SHIPPING PTE LTD #12 00 sales/BKGS *****57/60 INWARD OEPT ID/OJ *****85 COSTAR AGENCIES (M) SDN BND CRNO: **********0 M SINGAPORE *****81,227 words
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Advertisement1396 1999-08-12 29 EXPORT "I IMPORT I 1 VESSEL VOT ill lIM RTI AN* HAN »HY .fU VESSEL .VOT «TN HAN .FU liH .MB I PUSANSEN 010W 17/00 03/04 OS/09 04/09 0? 00 04 04 11/04 CT AM 011NI 74 0 7 31/07 j 102/08 14/08 1 HJWiTIAib 034W 24/M'WW ***** T3/W 14/041,396 words
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Page 30 Advertisements
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Advertisement1505 1999-08-12 30 EUROPEAIK/SCANOINAVIA/FINLANO/RUSSIA J BB3SiIIB _j SGP ROM ANW HBG THP ZEE LHV LHW THP ROM ANW HBG PKL SGP E DELUXE RWOII 15/08 02-09 08/09 04/09 06/09 07/09 08/W E ROYAL RE-043 22/07 24/07 23/07 25/07 27/07 15/08 16/08 E DIVINE RW-006 22/08 09/09 15/09 11/09 13/09 14/09 15AH E REPUTE1,505 words
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Advertisement989 1999-08-12 30 ==F=== ADVANCE CONTAINER LINES (PTE) LTD Zll-I TEL *****21. FAX *****19, TELEX :RS ***** ACLPL n W FOR BOOKINGS PLEASC CALL: *****22 SALES A MARKETING *****21-28 OPERATIONS: *****60/ *****06 Cfl NO. **********0E BANGKOK T tiNHn/WHt JAKARTA (7 ******t) tSSEL VOT 8N UK VESSa VOY SX JKT OIA HARIA (Btf/LCH) H1A053989 words
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Advertisement443 1999-08-12 30 SO TEL OK SIANGAN ROAD #02-02 OTIPOfIT CENTRE SPORE N6S2I TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTINATION IRIMAWA 02W 13*8*9 14*8*9 MUNTOK IRIMAWA 03/99 17*8*9 18*8*9 PKL BALAM ILMAMUI 07/99 17/08*9 18/08*9 PONTUNAK IRIMAWA 04*9 21*8*9 22*8*9 PALEM6ANG/PKL BALAM ILMAMUI443 words
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Page 31 Advertisements
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Advertisement496 1999-08-12 31 BSfl x M MYANMA pBBk FIVE STAR LINE vT (Myanmar National Lint) Loading for Yangon (Rangoon) VESSEL VOY SIN PKL KM PGU SAGAING tOW SID KING TUNG 4W SU> MALAYSIA AGENTS: 10USTEAD SHIPPING AGfNCICS Oft: IB (03)*****00 PKL- HI (03)*****01 PIN; TH (04)*****07 PGU: HI (07)*****71/4 BANK LINE (A ttrvict496 words
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Advertisement1282 1999-08-12 31 HYUNDAI MERCHANT MARINE CO., LTD. Ivpsa ~wy~ "5T sou uh rtm ant mam wn fb~| Ivesa vorl soul ia Ihm I ant I ham liv I a sw HY ADMMAL 371W 17/00 30/00 04/09 01/04 07/09 HYIARON 3701 19/07 74/07 71/07 77/07 17/01 NOl CORAL 009W 13/00 03/09 04/00 79/001,282 words
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Advertisement1247 1999-08-12 31 WALIENIUS WILHELMSEN TO NORTH AND LATIN AMERICA «*0 HIAVYUFT SERVKE" [VESSEL VOT RAMP HEIGHT SIM LAX CKL MIA SAV ML ORE NYC NEW MM TARONGA AHO3 400 TMH 6.3 M 13/08 09/09 TITOS 21/09 13/09 2S/09 26/09 28/09 02/10 06/10 TAIKO AM 6.3* 2S/08 21/09 30/09 03/10 05/10 07/10 08/101,247 words
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Page 32 Advertisements
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Advertisement747 1999-08-12 32 BANGKOK/ MAP TA PHUT/ LAEM CHABAHO J A K A WT A/PAM JA MO VESSEL VOY SIN i»CK MTP LCH~~ VESSEL VOY SIN JKT PJN KOTAHARTA HTAOS3 In Pt IS/06 GURU BHUM ***** 13/08 15/06 YANTRA BHUM 303N In Pt 15/08 AKA BHUM+ 3S6S 14/06 18/08 MATHU BHUM 427N 14/06747 words
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Advertisement366 1999-08-12 32 INDONESIA NATIONAL LINE TO AUSTRALIA "T~ RJIX COttPUNB* BBMCE Ivoyl W6 a< |WI I STB I» I iaS mmmtu m H/mi/w MMi Mi n/w lASUMI TB 16/08 M/W tS/W 16/W 11/W 16/09 H/09 waw tis H/WH/W li/H 17/W H/W 16/89 wsiwaiuii |«s |w/t*ii/wlivwl Im/wlp/w|»/w|m/h|FEEDER SERVICE TO INDONESIA V* VOY VOK366 words
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Advertisement761 1999-08-12 32 VESSELS I VOT Sli I PKL I JED I ML* l£H HTM HAM ZB SOT VILLE DE MM4OSA V33W 17/08 18KB 27/08 OIKB 06/09 08/00 O&OB 11/0# IMB VILLE DE TANYA T33W 23/06 24/06 02/09 07/09 13/09 14/09 1008 17/09 IMB VILLE DE TAURUS A33W 30/06 31/06 10/09 15A» 22A»761 words
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Page 33 Advertisements
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Advertisement49 1999-08-12 33 INTRODUCING OUR NEW FAR EAST USA TRANSPACIFIC EUROPE SERVICE Turn To Pg 6 FULL CONTAINER (every mon/wed/fru EXPRESS SERVICE ffi MSC A S encies Ltd Turn To Pg 5 For Service From PASIR GUDANG/ SINGAPORE MIDDLE EAST/VIETNAM China Shipping (S) Agencies Pte Ltd j H CONTAINER LINE Pg 449 words
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Page 35 Advertisements
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Advertisement48 1999-08-12 35 STE*"fcDial74o-6000 Oil Q€mdflG (Retrieve more schedules!) Press "1" Select the port and key in the four digit code eg: To New York (NYC) 2275 st£) Key in your fax number I your phone number Another innovative service offered by The document Will be Shipping times s jL? azsz.48 words
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Page 37 Miscellaneous
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Miscellaneous148 1999-08-12 37 o (o. Q ivj w; SH- /Jfafyt/ 4 j Weather V °^>se» ioV loot lio'e LEGEND R Thunderstorm Temperature c A, V Shower Weather Wmd direction with speed in knots Ram V Cloudy Sky WOV he '9 h Surface winds ore indicated by orrows which fly with the wind One148 words
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Page 38 Advertisements
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Advertisement135 1999-08-12 38 By Appointment of Nelson Wheeler Coroorate Advisory Services Assets of 4 Hong Kong Construction Companies OflH (In Voluntary Liquidation) Cranes 1998 Leibherr Fully Hydraulic 120 Ton Crawler Crane. Model HSBB3HD c/w 2 Hook Blocks. 2 Winches and A/C Cabin. 1995 IHI Fully Hydraulic 100 Ton Crawler Crane. Model HDCHIOOO Serial135 words
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Advertisement12 1999-08-12 38 F |l DHL EUROPE FIRST For the fastest express delivery I Europe-Guaranteed!12 words
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