The Business Times, 19 November 1999
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1999-11-19
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The Business Times
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Title Section11 1999-11-19 1 THE BUSINESS TIMES 85C SINGAPORE Internet: http://business-times.asial.com.sg/ FRIDAY. NOVEMBER 19. 199911 words
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Article64 1999-11-19 1 □m 2203J1 (-25.20) rirau M 83L11 (-11.83) VIBDB9GIFimnES U 3Q4J00 (+0.90) 8T0CX HABKETIKDICES SflL Thursday Change KLSE COMP ItLtt +133 £"IKKE! 18.***** +i5759 lttXGSENG 14.7il.74 +17i6 SET INDEX 410.90 MiM JAKARTA COMP __636.6* -4M .MANILA COMP 1.958.85 +9.11 TAIPEI VVP1 7.7IK.06 +7ti8 SEOl'L COMP 970.19 +155 CLSA CHINA64 words
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Article80 1999-11-19 1 F01EX BATES us$ s$ rss 1.668 S{1 SS/SS prr 1.627 1713 EIROOSS/SS/E)1.042 1.7^7 DM 1.877 U.888 YEN 10S.5 1.580* RM 4.808 0.449 HKS 7.774 0.215 BAHT 4Hi8 0.044 R1PIAH 7.00a 0.024* 'St to 100 units PRIME BATES SINGAPORE* 5. SO KUALA LUMPUR 7.25 JAKARTA 40 00 BANGKOK 10 0080 words
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795 1999-11-19 1 Eddie Toh - New offer will give little comfort to holders of warrants expiring mid-2000 From Eddie Toh in Kuala Lumpur BUSINESSMAN Akbar Khan yesterday confirmed that Clob shareholders who do not want to exchange their shares for units in his company's proposed closed-end fund could opt795 words
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1054 1999-11-19 1 Vikram Khanna - COMMENTARY Sustaining Singapore's growth may require some major changes in the manufacturing and financial sectors, says Vlkram Vikram Khanna READING between the numbers of the latest quarterly economic survey, there's lots of good news and some sobering news. The good news is that the recovery1,054 words
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Article, Illustration580 1999-11-19 1 Christopher Tan - ■■■■SiMMMjLad Operators selling dieselontheside said to be the issue By Christopher Tan [SINGAPORE] The Ministry of Trade Industry (MTI) is scheduled to meet oil majors today in a closed-door meeting on the "liberalisation" of the diesel market which has resulted inFILE PHOTO - 580 words
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Page 1 Advertisements
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Advertisement90 1999-11-19 1 nrsmE Biz Tools for SMEs For smalt companies in particular, it is often cash flow that makes or breaks them. Pg 28 for BTs new series on business solutions for SMEs. Exec Money Shopping for stocks? Check out our stock picks in MM 1 Top stories Regal's hotels: Hong Leong90 words
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Advertisement15 1999-11-19 1 Bswrn Thlttimft,tttdMlmaleri§undMloodtohM baggadtfwftwhaldCuaMiinltoMrptot w pg 9 £Ppore economy oonldhit<Ls% growth nart year, saysMTl p g215 words
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Advertisement206 1999-11-19 1 I Invented for you The Type XX chronograph has a K) Prized by pilots. doubly prestigious heritage. It is true to the TmXX's J the inventive spirit of Abraham-Louis command of the chronograph band. Breguet, the greatest watchmaker ever known. It is imbued also with the exploits of his descendant,206 words
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ECONOMIC survey
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Article, Illustration713 1999-11-19 2 Audrey Tan - Economy grew by 6.7% in 3rd qtr, set to expand by aronnd 5% this year By Audrey Tan SINGAPORE'S economy is well on track to a sustained recovery, with the possibility of next year's growth accelerating to 4.5 per cent713 words
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517 1999-11-19 2 Jennifer Lien - Sector grew 26.3% in 03, bringing manufacturing growth to 16.7% By. Jennifer Lien THE electronics industry's growth momentum will continue through next year despite ongoing restructuring in the industry, officials said. Boosted by strong growth in telecoms products, semiconductors, personal computers and office automation,517 words
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ON THE grapevine
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Article74 1999-11-19 2 MIKO Matsumura, techno-evangelist for the Java computer programming language, related how he lives the Java lifestyle during his presentation at the e-Universe computer conference here on Tuesday. Like Sun's claim that with Java programs, you "write once and run anywhere", Mr Matsumura says he has only74 words
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Article177 1999-11-19 2 THE drug Viagra has become the butt of many jokes for those who are still willing but have become less able. But Pfizer, its makers, recently sent us a health warning which may be of interest to some of our readers. At a recent scientific session177 words
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Article62 1999-11-19 2 HERE'S an interesting bit of date trivia which one of our staffers received in his e-mail as "fact of the day": Wednesday, 17/11/1999, and Friday, 19/11/1999, are the last two days comprised entirely of odd digits in our lifetime. After that, the next "odd" day won't be until62 words
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Article71 1999-11-19 2 A JOURNALIST who was at the automated teller machine the other day had this scary story to tell. An ah soh (a matronly kind of person) came up to her and asked for help to apply for an IPO. The presumably illiterate woman could not even name the71 words
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470 1999-11-19 3 Siow Li Sen - Performance polled down by big loan shrinkage, weaker stock market Bu Siow Li Sen GROWTH in the financial services sector skidded to 4.3 per cent in the third quarter after a blistering pace of 13 per cent in the second quarter, dragged down470 words
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421 1999-11-19 3 Jennifer Lien - Increase partly caused by disk drive retrenchments By, Jennifer Lien UNEMPLOYMENT rose in the third quarter, from an average of 3.6 per cent in the last two quarters to 4 per cent in September in seasonallyadjusted terms. But this was lower than last September's421 words
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Article, Illustration355 1999-11-19 3 Marissa Chew - By Marissa Chew THE construction industry stood out in the third quarter economic survey as the only sector that contracted, and things don't look good for the future as the value of contracts awarded also shrank. Figures released yesterday by the Ministry ofFILE PHOTO - 355 words
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Advertisement58 1999-11-19 2 Indicators, polls show outlook still rosy, Pg 10 BV LGA RI The Tubogas bracelet f* *"n>l 7 L:*»~— "4^M t j j i V i '^w U v* v r jmfmt ii f A WJt JKf H iff 1 j IfSv v z^J9BBMH^KJr Available in Singapore at Bvlgari, Hilton Hotel58 words
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SURVEY Snippets
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69 1999-11-19 3 INFLATION is likely to pick up next year, with the economic rebound and higher oil prices. The government estimates the Consumer Price Index will rise 0.5 per cent this year, and one to 2 per cent next year. In the third quarter, inflation was69 words
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100 1999-11-19 3 A 20 per cent drop in the US stock market will result in Singapore losing 2.8 per cent of growth. MTI chief economist Tan Kong Yam said. The immediate effect of a 20 per cent dive in the Dow Jones index will be100 words
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62 1999-11-19 3 MANUFACTURING investment commitments totalled $2.6 billion in the third quarter, with 86 per cent coming from the electronics and chemicals clusters. The US accounted for $1.9 billion of these commitments. Japanese investors put in $146 million, European companies $64 million, and local companies $471 million. Services62 words
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Article78 1999-11-19 3 PRODUCTIVITY growth in the third quarter eased to 6.8 per cent from 9.1 per cent in Q2. Excluding the construction sector, which saw productivity falling, productivity rose 7.5 per cent. Manufacturing posted the highest gain of 19 per cent, followed by wholesale and retail trade,78 words
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Article119 1999-11-19 3 THE unit labour cost (ULC) index for the overall economy fell 11 per cent in the third quarter, against al4 per cent decline in the second quarter. The unit business cost (ÜBC) for the manufacturing sector fell 12 per cent in the quarter, against119 words
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Article87 1999-11-19 3 SINGAPORE recorded a small deficit of $6 million in its balance of payments in the third quarter, compared with a surplus of $4.8 billion in the second quarter. This was due to a smaller surplus in the current account as imports grew faster than exports,87 words
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Article63 1999-11-19 3 Audrey Tan,Jennifer lien - Compiled by, Audrey Tan,Jennifer lien THE contraction in capital spending, which started in the second quarter 1996, was reversed last quarter with a 1.7 per cent rise. This was due mostly to an increase in private sector investment in machinery and equipment and transport equipment. But63 words
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Advertisement95 1999-11-19 3 E o o a> o 0> E O) <i> E 3 03 a V rn CO i£> rvj CO r^> ~rz o c o "S i 1 i* v >i vv Lifestyle baume mercier J GENEVE 1830 A'.A'LABuE Piaget *C'-C9B Ngee Ann C>t> Tc*e. r B 391 Orcrarj Roal Te<95 words
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SINGAPORE companies
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Article, Illustration700 1999-11-19 4 Conrad Raj - Its UK hotel arm will payUSs64omto acquire 28 US hotels, manage another 19 By Conrad Raj DUE diligence appears to have paid off for the Hong Leong group for it has now clinched the deal to buy over completely the Hongkongcontrolled Regal700 words
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858 1999-11-19 4 ruth wong - UQCKIEHBSn ruth wong INVESTMENT analysts have been less than impressed with the recently released financial results of Malaysia's biggest publishing group, The New Straits Times Press (M) Bhd (NSTP). Although NSTP swung to a net profit of 64.2 million Malaysian ringgit (5528.3 million)858 words
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616 1999-11-19 7 Carol Eng - DBS Land arm to grow portfolio 4 times to 8,000 nnits Ity Carol Eng SCOTTS Holdings, the service apartment arm of DBS Land, wants to become a leading international player in five years and aims to grow its portfolio four times to616 words
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364 1999-11-19 7 It also signs deal which gives it the right to bny into ISP Starkomindo Data L&M Group Investments surged by as much as 17 per cent yesterday as investors pounced on news that the company will be involved in Indonesia's multimedia city project.364 words
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206 1999-11-19 7 GOODWOOD Park bounced back into the black for the year ended Sept 30, posting earnings of $38.07 million on a turnover of $203 million. thanks largely to a jump in investment income. It also made an extraordinary gain of $58.8 million from the sale206 words
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Article, Illustration373 1999-11-19 7 Marissa Chew - Marissa Chew MANUFACTURING Integration Technology (MIT), an alumnus of the Enterprise 50 list, will be investing $50 million over the next five years to develop new equipment to cater to the miniaturisation trend in the electronics industry. The investment will come fromARTHUR LEE - 373 words
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Article, Illustration617 1999-11-19 8 Christopher Tan - Taxi operator posts 30% rise in interim gain to $24.6 m By Christopher Tan TAXI operator Comfort Group is likely to achieve record earnings this year, and is confident of double-digit growth for "the next few years", according to group managing directorSIEW YAW HUONG - 617 words
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331 1999-11-19 8 Bloomberg DBS Land, Singapore's sec-ond-biggest publicly traded property company, said it's tying up with 1-Net Singapore Pte, a Singapore Telecommunications unit, to develop a hub for Internet-related companies. DBS Land will invest about SslB million in the 215,000-square-foot project atBloomberg - 331 words
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261 1999-11-19 8 Up to USss4m will be spent on Pacfnsion.com INTERNET service provider (ISP) Pacific Internet (PacNet) announced yesterday that it has formed a new ebusiness division with the aim of listing it on Nasdaq within 12 to 24 months. It has formed261 words
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Article, Illustration386 1999-11-19 8 Andrew Wee - Hy Andrew Wee SESDAQ-LISTED Strike Engineering, which specialises in mechanical and electrical (M&E) engineering, announced strategic alliances with an e-commerce company and a cabling infrastructure specialist yesterday. Strike acquired a 50 per cent stake in Plan-B Speed.com Pte Ltd, a whollyowned subsidiary ofARTHUR LEE - 386 words
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236 1999-11-19 8 SESDAQ-LISTED Nobel Design Holdings expects 15-20 per cent of group revenue in 2000, which is projected to grow by up to 35 per cent, to come from subsidiary home2be.com. Singapore's first e-com-merce furniture portal home2be.com was launched yesterday with a network of more236 words
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COMPANY Briefs
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Article81 1999-11-19 8 HWA Hong Corp said it recently applied to the Stock Exchange of Singapore for a one-into-four stock split but has not received any in-principle approval from the SES. And in response to an SES query on the substantial rise in its share price and turnover81 words
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Article29 1999-11-19 8 SHANGRI-LA Asia now owns slightly over 55 per cent of in Shangri-La Malaysia. This is the final step in its corporate restructuring exercise announced in June.29 words
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Article85 1999-11-19 8 KEPPEL Corp continues its unwinding of cross-holdings within the group with the purchase of Keppel Land stakes held by Keppel FELS Energy Infrastructure and Keppel Marine Industries respectively at $3.07 per share. Keppel Corp will buy 28.2 million or 4 per cent of Keppel Land shares85 words
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Advertisement40 1999-11-19 4 This announcement appears as a matter of record only. P PARKWAY HOLDINGS LIMITED *****,000,000 DUAL CURRENCY MEDIUM TERM NOTE PROGRAMME V Arranger Lead Manager CREDIT AGRICOLE INDOSUEZ MERCHANT BANK ASIA LTD Issuing Paying Agent one CREDIT AGRICOLE INDOSUEZ October 199940 words
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Advertisement42 1999-11-19 4 This announcement appears as a matter of record only. WANT WANT HOLDINGS LTD U5530,000,000 TRANSFERABLE LOAN FACILITY WITH 58,867,405 DETACHABLE WARRANTS f Arranger Lead Manager CREDIT AGRICOLE INDOSUEZ MERCHANT BANK ASIA LTD > f. Issuing Paying Agent ax CREDIT AGRICOLE INDOSUEZ October 199942 words
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Advertisement54 1999-11-19 5 mm t^' B «**> > $#> #fp I I H 1"V r fl > *v x -> v ji > %-'..J 'f*~ s V'r.. •>«' >*"<>• <•* V v. "PR ADA I V, »t < 4«* 4 1-' '-V t .*1 J t> 4pR .J i .'"'v »V v ;'h•54 words
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SINGAPORE markets
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Article, Illustration553 1999-11-19 6 ven sreenivasan - STOCKS ven sreenivasan MARKET players all but ignored the strong third-quar-ter economic growth figures yesterday, sending Singapore stocks lower for the second consecutive day as they locked in profits from the previous two weeks' gains. But brokers said the selling was553 words
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Article, Illustration201 1999-11-19 6 Ven Sreenivasan - WARRANT WATCH By' Ven Sreenivasan TIBS Holdings has had a rough four weeks following the aborted plans for the merger with Singapore MRT. Shortsellers forced the price down sharply over the two days following the announcement that the marriage had been called201 words
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Article, Illustration250 1999-11-19 6 Wong Wei Kong - HOT STOCK By' Wong Wei Kong PACIFIC Century Regional Developments (PCRD) captured the spotlight yesterday, with its shares closing at a 52week high. PCRD shares rose 80 cents or 7.8 per cent to $11.10, also its highest level for the day, after opening at its250 words
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Article114 1999-11-19 6 ♦SIA millennium celebration ♦9.15 am. Nanyang Optical launches franchise operations ♦930 am. Conference of the Aeean Federation of Organisations, organised by Institute of Engineers Singapore ♦11am. Press conference on Elyhealth. .com ♦lpm. Press invite/discussion with JP Morgan's chief economist Win Brown on US economic114 words
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Article, Illustration449 1999-11-19 6 larry wee - HTPTEmTMTSJTT* CURRENCIES S'pore dollar doses barely changed against US$, with little impact from latest economic growth figures larry wee THE US dollar ended mixed in Asian trading yesterday after US stocks saw an overnight correction amid higher bond yields. Players said that Asian449 words
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Article406 1999-11-19 6 Stocks Volume Asia FoodAProp US$ 31,471.000 LAM 50c 30,315,000 FHTKR 29,824,000 K)ne5c 21,670,000 GoMenAgriUSIOc 19,607.000 FoimHMgs5c 15,849,000 PCI 25c 13.977,000 ChuanHup 9,262,000 CM Telecom HK75c 8,848,000 •Gentfng Int 8.767,000 Stocks VentureMfg25c 56,733,525 DBS&p 50,222,810 SIA 47.561.646 Nat Bee 10c 43,999.551 OCBC 40,906,011 LAM 50c 33,437,245 SPH 32,544,010 DOB 23,141,017 WDne5c406 words
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Advertisement297 1999-11-19 6 1, I I M I Hk. X Hi I I |Pi J I. w*- I I JAL OFFERS AFFORDABLE TRAVEL TO USA I Japan Airlines (JAL) 1s pleased to introduce hospitality, and arrive at your destination the latest Travellers' Choice packages to welt-rested and prepared for your vacation H Honolulu,297 words
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Advertisement11 1999-11-19 6 Coing to trade online? v.rn o fp. p. h,2;»-323-3955 >I<l )I>SBANK11 words
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Advertisement168 1999-11-19 7 f *1 This announcement appears as a matter of record only November 1999 mediaring.com Mediaßing.com Ltd (Incorporated in the Republic of Singapore with limited liability on 15 July 1993) INVITATION IN RESPECT OF 150,000,000 NEW ORDINARY SHARES OF SSO.IO EACH COMPRISING: (1) 34,600,000 OFFER SHARES, COMPRISING: (I) 30,000,000 OFFER SHARES168 words
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Advertisement778 1999-11-19 7 mediaring.com Mediaßing.com Ltd (Incorporated in the Republic of Singapore with limited liability on 15 July 1993) INVITATION IN RESPECT OF 150,000,000 NEW ORDINARY SHARES OF Sso.lo EACH COMPRISING: (1) 34,600,000 OFFER SHARES, COMPRISING: (I) 30,000,000 OFFER SHARES AT 550.53 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (II)778 words
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Advertisement58 1999-11-19 8 Full professional after sales service provided. For a FREE copy of our 100 page colour brochure or to arrange a complimentary consultation contact: Ms Florence Nathan, General Manager OVERSEAS COMPANY REGISTRATION AGENTS (ASIA) PTE LTD 26-04 CLIFFORD CENTRE, 24 RAFFLES PLACE, SINGAPORE *****1 E-mail: ocrasingQsingnet.com.sg TEL: (65) *****82 FAX: (65)58 words
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Advertisement95 1999-11-19 8 QualityJewelry,far your lava ane& an any acca&siati from Teter £ai Jewelry J" J V lMcw/c W'V Diamond Necklace V. V* 3i2 Dia- ii.26 Jyr 1«K WIG J3P Diamond Ring 39 Dia-3.62 §k $7,888 :.<dr V a _fJgvTF- jTUT -iLJ y «L j Diamond Bracelet S<s 1 .JOT v 98D 095 words
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SINGAPORE news
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Article, Illustration592 1999-11-19 9 Kalpana Rashiwala, Andrea Tan - Land cost is $883 psf of potential built-up area including an estimated $9m development charge By Kalpana Rashiwala, Andrea Tan DEALMAKER Simon Cheong is understood to have bagged the freehold Cuscaden Tower plot next to the posh Four Seasons Park condominium for $86592 words
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Article56 1999-11-19 9 IN yesterday's story headlined "Finance industry unions to launch skills re-training programme", we wrongly quoted National Trades Union Congress deputy secretary-general Heng Chee How as saying: "You form networks to grow, why now unions?". The correct quote should read: "You form networks to grow, why not unions?"56 words
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Article, Illustration229 1999-11-19 9 HABITAT Properties will be releasing the last 48 terrace houses at its 99-year leasehold Century Woods project for sale this weekend. The units will be priced at an average of $350 per sq ft of built-up area. Built-up areas for both intermediateFILE PHOTO - 229 words
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405 1999-11-19 10 Wong Wei Kong - Composite Leading Index np 4-8% in fifth consecutive quarterly rise Wong Wei Kong FORWARD-LOOKING indicators such as the Composite Leading Index (CLI) and business expectations surveys suggest that prospects for the economy remain sanguine, the Ministry of Trade and Industry (MTI) said yesterday405 words
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344 1999-11-19 10 Audrey Tan - ny< Audrey Tan A MODERATE rise in the yen is good for Singapore only if it does not choke off Japanese economic growth, says a paper by the Ministry of Trade and Industry (MTI). Warning of severe ramifications should the yen344 words
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516 1999-11-19 10 Henry Lim Singapore via Internet - MAW-Wlfl Henry Lim Singapore via Internet I FIND it rather ironic that, on the one hand, the government places great importance on social integration and cohesiveness through its many campaigns and policies the Prime Minister also reinforced his National Day message with the516 words
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351 1999-11-19 11 Siow Li Sen - Bank loan rating service will allow bank loans to be a tradeable asset class By\ Siow Li Sen STANDARD Poor's is starting a bank loan rating (BLR) service for the Singapore syndicated loan market, confident that the market will recover next year as351 words
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305 1999-11-19 11 Jeanette Pang - By Jeanette Pang MEDIA specialist Optimum Media Direction (OMD) has launched in Singapore a research software tool that evaluates the effectiveness of print media advertisements. Called Optimum Impression, the analysis programme has made its debut in Hongkong and plans are afoot305 words
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446 1999-11-19 11 Eugene Low - Crude oil prices set to soar past US$26 a barrel: economist By Eugene Low THE profit margins of refiners in Singapore are likely to be further squeezed towards the end of the year as crude oil prices are expected to hit a446 words
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Article, Illustration482 1999-11-19 11 Larry Wee - By Larry Wee FADILLAH never imagined having anything to do with financial market professionals. In fact, she thought she would never have a chance to study again after she left school four years ago at the age of 14. With Dad's death several482 words
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Article, Illustration564 1999-11-19 11 Andrea Tan - By. Andrea Tan WITH five international players in the electrical goods retail scene, Electric City expects a tough ride ahead. But it is moving ahead with the opening of its flagship store at Tiong Bahru Plaza today, and more outlets are in theCHRIS LOH - 564 words
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Advertisement19 1999-11-19 9 Lost uour-_ P# Try finding it at Classification 821 (Found) of cjLts. The Straits Times Classified, a-,* MltLFtall J19 words
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Advertisement62 1999-11-19 9 1/11 9m. ji. Jp 'MSST 5 Ifilk Younever PATEK PHILIPPE actually own a Patek Philippe. geneve -*U*_ You merely look after it for the next generation. The Annual Calendar. The first self-winding ff* annual calendar watch with power reserve and moon-phase. Begin your own tradition. Men's Annual Calendar ref 5036/1.62 words
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Advertisement2354 1999-11-19 10 NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 SPP LIMITED IMPORTANT NOTICE TO HOLDERS OF WARRANTS 1999 OF SPP LIMITED (the -Company*) THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT2,354 words
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Advertisement148 1999-11-19 10 E-mail: bt letter{a)sph.com. sg You can email us at btletterQsph.com.sg, fax to us at *****71, or mail your letter to The Business Times, Times House, 390Kim Seng Road, Singapore*****s. Please give your full name, address and telephone number. I^r 7fr |1 A|*A A Game with France Target identified. 30 metres148 words
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Advertisement457 1999-11-19 11 FHTK HOLDINGS LTD (Incorporated in the Republic of Singapore) FHTK HOLDINGS LTD (THE "COMPANY") THE RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 219,291,414 NEW ORDINARY SHARES OF $0.20 EACH ("RIGHTS SHARES") IN THE CAPITAL OF FHTK HOLDINGS LTD ("COMPANY") AT AN ISSUE PRICE OF $0.20 FOR EACH RIGHTS SHARE ON THE457 words
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EDITORIAL & opinion
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Article, Illustration763 1999-11-19 12 thomas friedman - IWIWIIIITit! OPINION thomas friedman The writer is a New York Times columnist NYT THE two most telling stories about the 10th anniversary of the fall of the Berlin Wall actually ran in the business sections of The New York Times and TheNYT - 763 words
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Article106 1999-11-19 12 'I'm naturally paranoid. I come from Russian-Jewish stock so I have a complete sense of persecution at all times.' Gavin Rossdale singer/guitarist of the British rock band Bush, on why he likes bleak songs. 'We are sending a strong message that enough is enough.' •I— Pakistan s106 words
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618 1999-11-19 12 EDITORIAL NOT for the first time since proportional representation was introduced, New Zealand goes to the polls on Nov 27 with no hope of a clear victor. The next government will again be dependent on minor parties on the fringes of the political spectrum.618 words
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Article, Illustration1203 1999-11-19 12 Anthony Rowley - Why shouldn't a non-European, say Japan's Mr Yen, head world's leading monetary body? By, Anthony Rowley The writer is BT's Tokyo correspondent JAPAN'S Eisuke Sakakibara would make an excellent new managing director of the International Monetary Fund but could it happen1,203 words
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Article, Illustration951 1999-11-19 12 pffllttMllllT THERE'S been a profound change in American life, one that's occurred so rapidly that political leaders have scarcely noticed. Half of all US households now invest in the stock market. Per capita income has risen dramatically over the last decade and unemployment is at a951 words
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MALAYSIA news
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MARKET moves
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Article106 1999-11-19 13 DESPITE being the most active stock on the Kuala Lumpur mainboard yesterday, new listing UDA Holdings closed just 2 sen above its listing price to RM1.52. Formerly the Urban Redevelopment Authority, UDA Holdings saw 16.49 million shares traded, equal to more than 9 per cent106 words
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Article122 1999-11-19 13 UNISEM, one of two major listed semiconductor makers on the Kuala Lumpur Stock Exchange, continued to post gains yesterday. The stock picked up another 50 sen to close at RM18.90, with about 611,000 shares traded. Brokers and analysts are of the opinion that Unisem continues122 words
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Article125 1999-11-19 13 Diana Oon Abdullah - Compiled by! Diana Oon Abdullah POLITICALLY-RELATED stocks Renong, Malaysian Resources Corporation Bhd (MRCB), and United Engineers (M) (UEM) were once again the focus of punters on the stock exchange yesterday, as nomination day and polling day draw closer. Renong was most active, chalking up a volume125 words
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114 1999-11-19 13 KUALA LUMPUR AFX-Asia PENGURUSAN Danaharta Nasional Bhd said it will hold its first sale of foreclosed property assets by way of open tender starting today. In a statement, the agency said it plans to dispose foreclosed property assets on a quarterly basis thereafter. TheAFX-Asia - 114 words
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Article, Illustration648 1999-11-19 13 KUALA LUMPUR Stock market investors sidelined till clearer post-polls scenario MALAYSIA'S ruling coalition has some impressive economic data to back its drive for another landslide election victory but stock market investors are still largely sidelined awaiting the result, analysts say. The data648 words
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453 1999-11-19 13 Diana Oon Abdullah - Move worrying as coming mergers may result in more layoffs hYom Diana Oon Abdullah in Kuala Lumpur FORESHADOWING more such action as a result of coming bank mergers, the National Union of Bank Employees (Nube) the umbrella organisation for the country's bank unions453 words
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459 1999-11-19 14 KUALA LUMPUR New arrangement will save taxpayers as much an Mffttm a initially in borrowing costs Bloomberg, AFX-Asia MALAYSIA'S government took advantage of its credit rating upgrade last week to refinance an outstanding US$l.35 billion (552.3 billion) loan, allowing a savingBloomberg,; AFX-Asia - 459 words
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MALAYSIA Briefs
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62 1999-11-19 14 AFX-Asia [KUALA LUMPUR] Magnum Corp Bhd said it has disposed of unit Magnum Suria Signs in the Philippines to Philma Industrial Pte Ltd for about 240,484 Malaysian ringgit (*****,476) cash. Magnum said in a statement to the Kuala Lumpur Stock Exchange the disposal is partAFX-Asia - 62 words
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Article, Illustration76 1999-11-19 14 AFP, Reuters [KUALA LUMPUR] Wan Azizah Wan Ismail, the wife of jailed former finance minister Anwar Ibrahim, said both she and her husband would seek to run in general election this month. She said on Wednesday she would stand in the parliamentary constituency ofAFP,; Reuters - 76 words
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Article56 1999-11-19 14 Reuters [KUALA LUMPUR] Malaysian plywood exporters will benefit from China's entry into the World Trade Organization, Merrill Lynch said yesterday. "Malaysian plywood exporters are clearly beneficiaries of this development in our view," it said, adding Jaya Tiasa Holdings, Lingui Developments and Subur Tiasa HoldingsReuters - 56 words
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Article44 1999-11-19 14 Bernama [KUALA LUMPUR] Computer Systems Advisers (M) Bhd (CSA Malaysia), which posted a group pre-tax profit of 4.6 million Malaysian ringgit (Ss2 million) in the third quarter ended Sept 30, expects the next quarter to remain profitable. BernamaBernama - 44 words
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Article38 1999-11-19 14 Bernama [KUALA LUMPUR] The government has decided to initiate preliminary investigation into imports of gypsum board from Thailand. The Ministry of International Trade and Industry said there were sufficient evidence of dumping. BernamaBernama - 38 words
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312 1999-11-19 14 KUALA LUMPUR Bernama A TOTAL of 5,130 properties worth 831.1 million Malaysian ringgit (*****.5 million) have been sold since the second national home ownership campaign (HOC II) was launched on Oct 29. Housing Developers Association of Malaysia (HDAM) executive director Ng Kuai Heng saidBernama - 312 words
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243 1999-11-19 14 KUALA LUMPUR Bernama MALAYSIA'S big foreign reserves are not strangling businesses by starving them of investments funds, an official said, in response to an editorial in the Far Eastern Economic Review. Institute of Strategic and International Studies (ISIS) Malaysia deputy directorgeneral Zainal Aznam Yusof said:Bernama - 243 words
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Advertisement246 1999-11-19 13 A Car Ahead '7— ODYSSEY u t m. i w¥ l lk- rcn.Ktjbk- Iviuh in tin* third row I..KK fl.n r^/Al vr 1 CT f I> O O iuniv rOR ONLA 1 J(J,ooo \y 11 ii Guar an ri id ()l! r W| ||W| vmmt -v* ™nr i N "K246 words
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Advertisement141 1999-11-19 14 M *VV" ->• -'i.' i3S-vr-A*& 2?g»gJ^a^ v&JSJfs*£»•. ,t $> >s?' >v C'.t- .;»WO -O.« 0 Ly-/ -V <#-> >*■ $4*|ko V -.*<-< J <♦ KKJ 1 ,i' iv 1 <: l O' :t" '1 .'< V' I' I 'P 1 1 1 1 i -o' ,ip; 'T) i.:'■ 1 ;O141 words
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Advertisement85 1999-11-19 15 WE OMR YOLIIME MILLENNIUM SPARK YEAR 2MO For this season, all items displayed in our counters are marked down to Nett Prices Diamond Industries Pte Ltd, Main Hall, 5 Harper Road, There is no room for further discounts. Even if the boss's sister were to buy from (Main En,rance fating85 words
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SOUTH east asia
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497 1999-11-19 16 JAKARTA Surprise move could see Tantular family lose majority stake Bloomberg HONGKONG-BASED Citic Ka Wah Bank Ltd is in talks to buy a 25 per cent stake in PT Bank Century Intervest Corp, Pak Sriyono, the Indonesian bank's corporateBloomberg - 497 words
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501 1999-11-19 16 BANGKOK It's seen holding out for better terms on eve of agreement FT, AFP CREDITORS of the heavilyindebted Thailand Petrochemical Industries received a blow on the eve of a restructuring agreement when it appeared the company may be seeking improved terms. Prachai Leophairatana, whoFT,; AFP - 501 words
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193 1999-11-19 16 BANGKOK Reuters THE Bank of Thailand said yesterday it had its reasons for not releasing the findings of supervisory checks on state-owned Krung Thai Bank and other financial institutions. Any premature statements about investigations might jeopardise moves to take legal actionReuters - 193 words
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Article, Illustration494 1999-11-19 16 JAKARTA NYT IN October last year, deep in the midst of Indonesia's financial breakdown, the French food retailer Carrefour set up one of its sprawling hypermarkets on the edge of Jakarta. If opening a fancy modern grocery in a shrinking Third World economy seemed riskyNYT; FILE PHOTO - 494 words
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NOTE Book
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52 1999-11-19 16 Reuters [JAKARTA] Indonesian state oil giant Pertamina said yesterday its audited net profit rose to 1.06 trillion rupiah (***** billion) in 1906/99 from 2964 billion rupiah in 1997/96. "Pertamina's net profit in 1966/90 is 1.06 trillion rupiah," Pertamina president director Martkmo Hadianto saidReuters - 52 words
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Article69 1999-11-19 16 Bloomberg [CANBERRA] East Timor's reconstruction efforts to rebuild its war-ravaged community could cost as much as USs9oomillion (S66o2miHkm), according to a World Bank estimate. "The immediate economic priorities include restarting the flow ofgoods and services, establishing a payments system, choosing a currency, setting up aBloomberg - 69 words
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82 1999-11-19 16 AFP [MANILA] The concentration of corporate ownership in many Asian countries contributed to the Asian economic crisis that broke out in 1997, the Asian Development Bank (ADB) said yesterday, citing a study of five affected countries. The ADB study of Indonesia, South Korea, Malaysia, the PhilippinesAFP - 82 words
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Article34 1999-11-19 16 AFP [BANGKOK] A new disagreement niggled at volatile Thai-Myanmar relations Thursday after a dispute flared over profits and capacity on the Bangkok-Yangon shuttle route flown by both countries' airlines. —AFPAFP - 34 words
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73 1999-11-19 16 Reuters [JAKARTA] Indonesian President Abdurrahman Wahid yesterday stood by his plan to let the reetive province of Aceh vote on its future, despite opposition in Parliament and fears his proposal could tear the nation apart "I myself think that there must beReuters - 73 words
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Article61 1999-11-19 16 Reuters [BANGKOK] The popularity of Thai Prime Minister Chuan Leekpai's two-year-old government has slipped over the last six months, a leading polling organisation said yesterday. Suan Dusit University, which conducts regular polls of Thai opinion, said the government's marks out of 10 had feUen toReuters - 61 words
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Page 16 Advertisements
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Advertisement141 1999-11-19 16 Alaskan King Crab now at Xin's Alasta^^ Set Menu m 5548.80 per person Give Your Friends Business Colleagues A Royal Meal Bigger. Larger. These monumental crustaceans make an unforgettable feast among friends and a royal meal for business associates. Make your reservations today! Chilled Alaskan King Crab In "Teochew" Style141 words
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Advertisement98 1999-11-19 16 v9|rJ^Bß? EflH| flßNttflfl 4 u n Up to 70% Financing Freehold Strata-titled Ownership jfei^^^flflll Westin Premier Privilege Card jflfilMj Folly Furnished Suites KJuV^^H No Resale Restrictions lyßEu^H 86 DAYS Free Owner Usage Annually 20,000sqf Conference space PREVIEW EXHIBITION B,soosqf Spa With Gym/Pool Venue Singapore International Covention ft Exhibition Located in98 words
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EAST asia
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Article650 1999-11-19 17 NEW YORK Any stock with 'China' in its name suddenly seems to have willing buyers NYT IN the days since China and the United States signed a deal that may lead to Chinese admission into the World Trade Organization (WTO), most of theNYT - 650 words
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Article, Illustration67 1999-11-19 17 [BEIJING] A Chinese security guard standing in front ofan advertisement for the movie Notting Hill, featuring Julia Roberts and Hugh Grant, at a Beijing cinema. China will import 40foreign films a year, double the current number and 50 by the third year accordingREUTERS - 67 words
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372 1999-11-19 17 HONGKONG Developer looking at setting np tech-friendly 'intelligent buildings' Bloomberg SINO Land Co, one of Hongkong's biggest real estate developers, said it's in talks with Internet and telecommunications companies on a project for which an announcement is expected "soon". Sino Land chairmanBloomberg - 372 words
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287 1999-11-19 17 HONGKONG Reuters HONGKONG'S economy should post healthy third quarter growth next week but the spectre of high real interest rates rising even further has cast a shadow over a fledgling recovery. Renewed growth is still primarily externally driven, with a firm rebound inReuters - 287 words
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228 1999-11-19 17 TAIPEI AFP TAIWAN has targeted 6.1 per cent economic growth for 2000 amid brisk exports and expanded domestic demand, officials from the Council for Economic Planning and Development (CEPD) said yesterday. Stronger consumer demand and rises in government and private investments triggered by reconstructionAFP - 228 words
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Article259 1999-11-19 17 HONGKONG Bloomberg HONGKONG'S benchmark Hang Seng Index will drop three constituents that fell victim to the Asian economic crisis and replace them with companies involved in the fastest-growing areas of the economy. SmarTone Telecommunications Holdings Ltd will join after its stock soared in thisBloomberg - 259 words
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488 1999-11-19 17 BEIJING Regulator says plans for opening more cities to foreign insurers not ready Bloomberg CHINA'S top insurance regulator said plans to open four more cities to foreign insurers have not been completed, and that plans for a broader opening of the market under World TradeBloomberg - 488 words
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Page 17 Advertisements
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Advertisement19 1999-11-19 17 i Find out Available at: s Times Bookshop Cold Storage Borders BUZZ (at Bus Interchange) f t fA Singapore19 words
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SOUTH asia
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526 1999-11-19 18 NEW DELHI Occupancy levels have risen to nearly 70%, peak period reservations are finally looking np Reuters INDIA'S hotel industry is showing signs of recovery after a three-year slowdown caused by an economic downturn and political instability, industry officials said. Hotels say occupancy levelsReuters - 526 words
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Article, Illustration369 1999-11-19 18 ISLAMABAD FT Reuters PAKISTAN'S military government has arrested 21 people, including two former Cabinet ministers and a retired air marshall who once ran the national airline, in a crackdown on those it alleges benefited from the corruption of previous regimes. The National AccountabilityFT; Reuters; AFP - 369 words
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165 1999-11-19 18 BOMBAY AFP GOLD demand in India, the world's largest market for the metal, was up 38 per cent in the three months to September from the same period last year, a trade association said yesterday. The London-based World Gold Council said domesticAFP - 165 words
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ASIA Notes
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67 1999-11-19 18 AFX-Asia [BOMBAY] The government has allowed Indian financial institutions to invest in American Depository Receipts and Global Depository Receipts of local companies, The Economic Times said. Unit Trust of India and Life Insurance Corp have been permitted to invest in Gas Authority of India Ltd'sAFX-Asia - 67 words
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60 1999-11-19 18 Reuters [DHAKA] Bangladeshi businessmen, parents and schools, and Unicef appealed yesterday to politicians to stop using general strikes as a weapon in political feuds. "The country will run into doomsday if politicians do not stop playing their suicidal game," said Abdul Awal Mintoo, president ofReuters - 60 words
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54 1999-11-19 18 Reuters [NEW DELHI] India will make judicious use of tariffs to protect the domestic industry, Industry and Commerce Minister Murasoli Maran told a conference of economic editors yesterday, when asked about the fate of domestic industries once markets are fully opened in line withReuters - 54 words
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78 1999-11-19 18 Reuters [COLOMBO] Sri Lanka's Central Bank said it expects gross domestic product to grow around 4.5 to 5 per cent next year, slightly higher than an estimated 4 per cent in 1999. "Sri Lanka is likely to have a growth of around 4.5-5Reuters - 78 words
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Advertisement754 1999-11-19 18 I NOTICES To advertise call toll-free 1800-741 1883 Fax No: 741 1298 Consolidated Balance Sheet A Rabobank Group at December 31, 1998 (after profit appropriation) ASSETS (in millions of euro*) 1998 1997 Cash 1,507 3,534 R*ihf)tV9nl< Short-term government paper 2,429 1,296 lIIIK/VK/UI 111 Banks 23,668 22,072 Rabobank Head Office Lending754 words
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Advertisement533 1999-11-19 18 M THE MATTER OF THE COMPANES ACT. CAP. 50 AND M THE MATTER OF HARDAI7ECH PTE LTD (In Member*! Voluntary Liquidation) MEMBER'S VOLUNTARY WMDMG-UP NOTICE IS HEREBY OVEN that the creditors of the abovenamed Company, wfochisbemg wound up voluntary, are requred. on or before the 20th day of December, 1999533 words
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Advertisement582 1999-11-19 18 THE COMPANIES ACT, CAP. 50 SECTION 291(4) Snni Laundry Pte Ltd (ProvbiooaJ Liquidator Appointed) NOTICE OF APPOINTMENT OF PROVISIONAL LIQUIDATOR NOTICE IS HEREBY GIVEN thai the pursuant to a Statutory Declaration made by one of the directors of the abovenamed Company on the 16th day of November 1999 that the582 words
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Advertisement13 1999-11-19 18 ft advertise your simply fax: 741 UN or Call toll-free: 1800 741 188313 words
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WORLD news
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Article, Illustration589 1999-11-19 19 Anthony Rowley - The listing of Reits could end the real estate bear market, boost the economy Fron Anthony Rowley in Tokyo TOKYO stock prices rose to a new two-year high yesterday, buoyed by Japanese press reports that the Tokyo Stock ExchangeAFP - 589 words
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569 1999-11-19 19 D Ravi Kanth - Agriculture, implementation matters are still stumbling blocks From D Ravi Kanth in Geneva THE World Trade Organization has admitted in its latest Working Paper (WP) that final agreement had yet to be reached for any of the issues on the table569 words
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Article, Illustration372 1999-11-19 19 LAT-WP [WASHINGTON] US businesses and government agencies are spending about US$lOO billion (Ssl67 billion) to keep the Year 2000 glitch from crashing their computers, making a simple two-digit programming "bug" the most expensive peacetime catastrophe in modern history. But the vastLAT-WP - 372 words
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455 1999-11-19 19 WASHINGTON Shortfall is third largest ever; imports at record high Bloomberg THE US trade deficit in goods and services widened in September to its third largest ever as imports set a record and exports declined, the Commerce Department said yesterday. The shortfall widenedBloomberg - 455 words
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WORLD Watch
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Article96 1999-11-19 19 AFP [ROTTERDAM] Dutch transportation group Nedlloyd yesterday reported that net losses had tripled in the first nine months of 1999, but in the third quarter it reported a flat net profit. For the first nine months of 1999, Nedlloyd reported a net loss before exceptional itemsAFP - 96 words
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Article81 1999-11-19 19 Reuters [FRANKFURT] The European Central Bank yesterday left all of its key interest rates unchanged at its regular bi weekly council conference as expected in the wake of its rate rise at the previous Nov 4 meeting. The ECB said its 17-member governing council decidedReuters - 81 words
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81 1999-11-19 19 Bridge News [FRANKFURT] German airline Lufthansa yesterday posted an operating profit of 1.03 billion marks (*****.3 million) for the nine months of 1999, down 36.8 per cent on the same period a year before. Revenues rose 4.6 per cent on the year. Profit from ordinaryBridge News - 81 words
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97 1999-11-19 19 Reuters [TOKYO] Japan Telecom Co yesterday reported a surge in parent profits in the six months from April, aided by cost-cutting measures and strong growth in its Internet-related business. Its parent current profit which is pre-tax and includes extraordinary items jumped to 13.29 billionReuters - 97 words
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Article, Illustration795 1999-11-19 21 David McLoughlin - Many feel change of government will have little effect, for good or bad h^rom David McLoughlin in A nek land NEW Zealanders will vote for a new government on Nov 27 after a two-month general election campaign that has failed to inspire voters who795 words
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Article, Illustration400 1999-11-19 21 PALO ALTO, California Bloomberg HEWLETT-PACKARD Co, the world's No 2 computer maker, said fiscal fourthquarter profit was little changed. Revenue rose 10 per cent, beating some analyst forecasts, on rising printer sales. Net income for the company's computer and printer businesses in the quarterBloomberg; AFP - 400 words
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296 1999-11-19 21 LAS VEGAS AFP THE chairman of Sun Microsystems on Wednesday wagered that software giant Microsoft would be split into several companies as a result of a government anti-trust lawsuit. "If I was a betting person, I would say they're (the government) going toAFP - 296 words
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310 1999-11-19 21 WASHINGTON LAT-WP MCI World Com Inc and Sprint Corp on Wednesday filed papers with the Federal Communications Commission (FCC) asking for the right to blend into a single company in a US$l29 billion (*****.7 billion) all-stock deal that would, if approved, stand asLAT-WP - 310 words
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582 1999-11-19 21 TOKYO Issuers with strong credit ratings also keener to tap market Reuters DISGRUNTLED by Japan's rock-bottom interest rates, many institutional investors are rolling into the market for higher-yielding samurai bonds, or paper issued in Japan by foreign borrowers, underwriters and fundReuters - 582 words
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347 1999-11-19 21 ■TOKYO Mitsui, Mitsubishi, Itochu cite strong yen, weak demand Bloomberg JAPAN'S three biggest general trading companies, behemoths that act as middlemen for everything from food to industrial factories, all posted worse earnings in the first half, with the strong yen andBloomberg - 347 words
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Page 19 Advertisements
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Advertisement20 1999-11-19 19 44 DAYS Win a trip to London and be pampered at Brown's Hotel. Details in The Business Times today. si20 words
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Advertisement1510 1999-11-19 20 GOODWOOD PARK HOTEL LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated In Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT QJ UNAUDITED RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 1999 1. Unaudited Profit and Losa Accounts The Croup The Company 1999 1998 Change 1999 1998 Change SS'OOO SS'OOO SS'OOO SSOOO Turnover 203.067 199.061 +2.0 64.0201,510 words
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Advertisement1085 1999-11-19 20 HOTEL MALAYSIA LIMITED AND ITS SUBSIDIARY COMPANY (Incorporated In Singapore) PROFIT AND DIVIDEND ANNOUNCEMENT UNAUDITED RESULTS FOB THE VE»« ENDED SO SEPTEMBER 1989 1. Unaudited Profit and Lose Accounts The Croup The Company 1999 1998 Change 1999 1998 Change SS'OOO SS'OOO SS'OOO SS'OOO Turnover 31.380 21.643 45.0 31.166 21.108 47.71,085 words
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Advertisement39 1999-11-19 21 Editoriak Another hung polls in NZ, Pg 12 is «S we Mean Business fl M£WsH| m y .j» Hourty Business Updates. Monday to Friday on Newsßadio 93.8 FM M Newsßadi<& 3JO more news more talk lilt rcs.com.sg/newsradio y jlffe,,-39 words
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FINANCE & commodities
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264 1999-11-19 22 Daphne Tay, Jardine Fleming - rMwiiii Reports MS& Singapore Index Daphne Tay, Jardine Fleming THE Singapore stock market paused for another breather yesterday following the recent run-up and release of third-quarter gross domestic product growth figures which were at the lower end of expectations. Blue chips and selected264 words
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126 1999-11-19 22 Juliana Loo Na Na Refco Singapore - MSd Taiwan fatures Juliana Loo Na Na Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract yesterday rose 2.2 points, led by electronics shares. The Taiex rose 72.28 points as China's entry into the World Trade Organization boosted sales in the mainland for plastics126 words
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261 1999-11-19 22 ENERGY REPORT AFP [LONDON] Oil prices are close to the highest levels since the 1991 Gulf War and are set to rise even higher during the winter as producer nations consider extending the output squeeze which has sent prices soaringAFP - 261 words
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Article296 1999-11-19 22 Reuters London THE euro turned lower against the dollar yesterday, unable to sustain early optimism on the back of an improvement in the Ifo institute's German business climate survey. A rise in Ifo's October west German business climate index pushed the euro up towards Wednesday's oneweek peak inReuters - 296 words
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Article, Illustration1277 1999-11-19 22 DITERRAMR CROSS RATES Xons H Bmt> Euf0 Ffr P™ HK$ Ind R» >upi«h Vtn Won tt> MZ$ Pafc »s Ptso S$ Bud Sfr UTS tM **nt US$ J"*?* 0 939 /J 78 0614 4.023 1.200 4.969 27.737 44.779 0.675 7.502 2.429 1.245 33.144 25.791 1066 3.928 0.983 20.299 24.659 0.3931,277 words
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Article1950 1999-11-19 22 SICOM FUTURES Nov I8 RUBBER (Mures clouaq as tt 5.30pm) RSS1 CONTRACT(S cwtsAq) ClOM VolaiM Open Montfc High Low Stt (toam) Inttrtst Dec 99 115.00 115.00 H5.50 300 300 Jan 00 118.50 600 Feb 00 122.00 100 Mar 00 124.50 100 RSS 3 CONTRACT (US cmts/kq) VoJwm Open Month High1,950 words
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STOCKS east asia
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Article, Illustration2696 1999-11-19 23 HONGKONG Reuters Q Hang Seng +17.26 HONGKONG stocks ended slightly higher yesterday after a choppy day marked by range-trading ahead of a possible rise in a retail benchmark interest rate. The Hang Seng Index closed up 17.26 points or 0.12 per cent atReuters - 2,696 words
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Article, Illustration988 1999-11-19 23 Reuters +L3S SHENZHEN'S A and B shares closed higher yesterday as investors focused on the long-term benefits of China's entry into the World Trade Organization, brokers said. Shenzhen's hard currency B share index rose 1.35 points, or 1.56 per cent, to 87.60 as turnover rose slightly to HK562.92 millionReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 988 words
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Article356 1999-11-19 23 AFP rl VP Index ****** TAIWAN share prices rose for the fourth straight day yesterday, gaining 0.9 per cent on strong buying in technology stocks amid bullish sentiment, dealers said. The Taiwan Stock Exchange Weighted Price Index moved up 72.28 points to 7,718.06, compared to a 0.5 per centAFP - 356 words
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1861 1999-11-19 23 TOKYO AFP Q Nikkei 225 ♦2B7J> TOKYO share prices jumped 1.4 per cent yesterday as investors sought out property, high-tech and telecommunications issues on brighter prospects for Japan's economy, brokers said. The headline index at one point hit a 26-month high before retreating at theAFP - 1,861 words
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Page 23 Advertisements
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Advertisement4 1999-11-19 23 TheßusinessTtmrs WTELLIB6IICE CHANGES imm4 words
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Advertisement288 1999-11-19 24 I B g fl vi &t~ comes to recreation you're .flllfi Jill lu| f/j flj for choice. Enjoy a good work-out in the gym or |B| i m Gymnasium cum Aerobics Recreational Putting Croquet Green and Games Room Outdoor Giant Chess Rooftop Landscaped Garden with BBQ from FUjfISU ©takenaka corporation288 words
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STOCKS klse
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Article7957 1999-11-19 25 INDUSTRIALS Cmmmtf prod wets '999 Last Vol Day Nat Cap Low Company Sale OOO High Lao P/t Smll 440 255 Apnomoto 302 19.2 122.4 174 46 Angkasa 88 1 30 88 87 129 8 404 220 Apollo Food Mlg 310 7.4 124.0 294 115 Berjaya Land 169 -2 81 1737,957 words
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Article, Illustration462 1999-11-19 25 AFP, AFX-Asia Q Composite Index +X 33 MALAYSIAN share prices ended 0.5 per cent higher yesterday due to buying interest in blue-chip stocks, dealers said. The Kuala Lumpur Stock Exchange Composite Index rose 3.33 points to finish at 723.06 while the SecondAFP,; AFX-Asia - 462 words
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Page 25 Advertisements
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Advertisement6 1999-11-19 25 INTELLIGENCE c THEBUSINESSTIMES INTELLIGENCE CHANGES FtfcnvTumc6 words
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SES clob & regional stocks
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Article3072 1999-11-19 26 BOHPS A WARRANTS m Mi um U-M imt M Bay LilUllll »<1 »IUU Can lav CaaM MMi M(k lav Mm film Mi «ar- m M* las Mkr Mm Ml Ml* Mm («l MM UK 104 10.5 s 3160 A AcarW*****1USS 41 unch iii 4T5 41 41 41.5 331 i~ 1563,072 words
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Article, Illustration769 1999-11-19 26 AFP Fl SET Index -KUBS THAI share prices struggled to gain ground yesterday, closing 0.2 per cent higher in thin but volatile trade, dealers said. Investors were deterred by renewed concerns about non-performing bank loans and reports of snags in Thai Petrochemical Industry's debt restructuring plans, they said. TheAFP - 769 words
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Article276 1999-11-19 26 AFP H Manila +9JI PHILIPPINE share prices rose 0.5 per cent yesterday as investors snapped up bargain-priced stocks, analysts said. The Philippine Stock Exchange Composite Index rose 9.11 points to 1,958.85. Volume was 16.79 billion shares worth 3.23 billion pesos. —AFP Nto (000) MRCAMad 0.83 0.05 3420 Abacus ConstructionAFP - 276 words
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Article, Illustration698 1999-11-19 26 AFP P Composite lain -131 INDONESIAN share prices closed 0.8 per cent lower yesterday amid sell-offs in some blue-chip stocks that dealers blamed on nervousness over Indonesia's internal problems. "I think follow-through selling in the large stocks was a reflection that foreign investors are concerned about domestic problems, particularlyAFP - 698 words
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Article285 1999-11-19 26 AFP □Wellington -US NEW Zealand stocks closed barely changed yesterday as a rally in the Fletcher Challenge Ltd camp was offset by a weaker Telecom in patchy trade. The NZSE-40 Capital Index was down 1.25 points at 2,059.81 on turnover worth NZ$9l million. —AFP Inl ftt rwo) Advantage HOSAFP - 285 words
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Article583 1999-11-19 26 AFP HAnOnhmriM AUSTRALIAN share prices yesterday emerged from early Wall Street-inspired nervousness to fmish the day 0.6 per cent stronger, boosted by buoyant blue chips, brokers said. The All Ordinaries Index ended 19.6 points higher at 3,055.60. The All Industrials rose 15.7 points to 5,275.30 and the All ResourcesAFP - 583 words
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Article303 1999-11-19 26 AFP Q Composite Index +Z55 THE Korea Stock Exchange Composite Index closed up 2.55 points at 970.19 yesterday after a sharp fall the previous day.—AFP •Mjt *h An*m Somi >4950 400 tkjkl T#ch .2850 -150 Central Bank 3170 170 ChoHComm *****0 -6000 OMGuBW* 4430 20 DMung Corp 4100 90AFP - 303 words
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Article8831 1999-11-19 27 MAIN BOARD Transaction date: Nov 18 Gr Gr M Wt 52-*fk List Voi Day Last Ouota Olv Olv VM N#t Cap Av« jgg U» St No Cwnpany Sate COOO) Htqh Lao Buyar Salter C*w P/E $m« Price MULTI-INDUSTRY 182 17.5 m b tOOO Acma 50c 119 -I 1848,831 words
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Advertisement49 1999-11-19 27 //v X > Very quartz yj//. /j jTji~II tVM C\yi I (/\CA[ 10 years power reserve t~Y I qgp"* Ontrlbutor Main Scrvlc* THE SWATCH GROUP SE A (S) PTE LTD 438 A Aleiandra Road Aie«arxjr» Tachnopar* Singapore *****7 T«: *****88 Fax *****96 Ctty S*rv«c« Centra: *01-23 Pla*a Sngapura Tal: *****1749 words
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Article, Illustration1077 1999-11-19 28 SIOW LI SEN - The most enterprising business idea will fail if a company lacks cash flow, which is why cash flow management is so crucial, says siowuseii SIOW LI SEN EVERY businessman knows that what often breaks a company is lack of cash flow and itFILE PHOTO - 1,077 words
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Advertisement202 1999-11-19 28 Al I the financial Control you need for every business overture. How you conduct business says a lot about your company. Every aspect, from the supply end to your buyers can affect your company's performance. That's why we would like to invite you to sign up for our gold business202 words
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Advertisement117 1999-11-19 29 What is it about bars that attracts professionals? Not just as places in which to hang out and relax after a hard day's work, mind you, but as business ventures. paktathi natar meets the new of bar-owners on el 2 ik,.-.-^^fk- 7 1 pMkdl ffif•:".. ~jm3 IV,i'j 1 JlfflllM^MM PHOTOS117 words
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Advertisement24 1999-11-19 29 Travel Brown's Hotel: pedigree without the pretentiousness EL 3 Epicure Blond at The Fig Leaf: Chef Emmanuel Stroobant's sunny approach to fusion EL 624 words
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EXECUTIVE Lifestyle
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VIEWPOINT
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751 1999-11-19 30 jaime ee - OFFrrnTTTT.i Are yon happier today than yon were, say, 10 years ago? If not, do yon know why yonr level of personal happiness has declined? Here's one theory. And a solution jaime ee WHAT'S happy? It's that time of year when I think751 words
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Article782 1999-11-19 30 COVER STORY Terence Tan has no regrets about giving up a law career to ran Hn'a Bar IT WOULD be hard to find a more succinct philosophy about the buiness of bars, "if you build it they will come," laughs Terence Tan, managing partner of782 words
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700 1999-11-19 30 There's a clear division of labour between Jason Choo and David Chin at Bar None BAR NONE is a pretty fun enterprise, judging by the titles on the owners' business cards: Jason Choo is "Head None" while David Chin is "Furniture", since he's there so700 words
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STRAWS In The Wind
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Article62 1999-11-19 30 THE CURRENT en bloc fever may be promising people instant millionaire status, but it's also given way to rather tacky advertising stunts. Spotted at one apartment block in the River Valley area was this huge banner with the words: "Congratulations on your successful collective sale." Discretion62 words
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Article58 1999-11-19 30 A LOCAL language school took out an ad in the papers recently with this line: "You want your child to learn good English, lah?" As any self-respecting Ah Beng will tell you, his questions never end with a "lah", maybe with a "hor". With its Singlish found58 words
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Article87 1999-11-19 30 YOU'VE heard about the British Tourist Authority's all-out bid to attract well-heeled homosexuals to visit Britain and spend much-needed tourist dollars there. On its website, you'll see this sale pitch: "Britain, you don't know the half of it. We speak your language. Everywhere you wander, you will find87 words
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TRAVEL
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Article, Illustration712 1999-11-19 31 CORINNE KERK - f or a top-notch hotel, Brown's remains refreshingly unpretentious, says cordvivekerk CORINNE KERK IT seems appropriate that Brown's Hotel. London's oldest operating five-star hotel, should be located in the upmarket and elegant Mayfair district. The 162-year-old establishment, started by James Brown, former valet of712 words
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ENTERTAINMENT
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Article, Illustration561 1999-11-19 32 Parvathi Nayar - CINEMA The world's favourite secret agent makes his 19th appearance, along with more gadgets, gons and girls, in The World Is Not Enough liy. Parvathi Nayar TWO zeros that almost hold their own with the upcoming three-zero mania? No prizes for guessing that these ciphers come561 words
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Article, Illustration536 1999-11-19 32 Susan Tsang - CINEMA Stir Of Echoes suffers from being released after the excellent Sixth Sense By Susan Tsang STIR Of Echoes illustrates how important a tight script is when making a film. This is mainly because it is about "channeling", the same theme that formed the536 words
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MOTORING
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Article, Illustration1260 1999-11-19 33 CHRISTOPHER TAN - The 9-5 Aero from Saab has the intoxicating blend of BMW performance, Mercedes-Benz ambience and Volvo invincibility. Christopher tan gives ittop marks for t driveability and handling CHRISTOPHER TAN WHAT is Saab? The answer used to be quite obvious. It's the Swedish aeronautical firmARTHUR LEE - 1,260 words
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EPICURE
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Article, Illustration842 1999-11-19 34 TAN SU YEN - tan su xMsm finds out what executive chef Emmanuel Stroobant is cooking up at The Fig Leaf TAN SU YEN Im/m HH HEN The Fig Leaf opened "V late 1997, there was a frisson of the food beverage scene To begin with, the restaurant was independent, ownedSIEW YAW HOONG - 842 words
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Article, Illustration671 1999-11-19 34 Rahita Elias - RESTAURANT Cafe Brie offers coffee house fare that's a cot above the average By Rahita Elias FOR THOSE working and living in the Kim Seng/Havelock area, the Grand Copthorne Waterfront is a welcome addition to the neighbourhood, if only because it offers a new dining venue. While onlySIEW YAW HOONG - 671 words
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GOLF
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Article, Illustration515 1999-11-19 36 Ven Sreenivasan - But The Legends tracks the trend by jumping to $14,000 Ven Sreenivasan THE membership prices of golf clubs fell for the second consecutive month in November, weighed down by a languishing stock market and general caution in other asset markets. The BT Golf index fell515 words
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Article, Illustration262 1999-11-19 36 Ven Sreenivasan - 1999 JAGUAR GOLF MARATHON By Ven Sreenivasan THE English poet William Wordsworth once described golf as a day spent in strenuous idleness. Well, if that is true, then about 120 golfers will be spending more than just a day in extremely strenuous idleness at the 1999 Jaguar Golf262 words
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Article, Illustration738 1999-11-19 37 The All New Adventures Of Laurel And Hardy: For The Love Of Mommy Modern-day revival of the comic duo, starring Bronson Pinchot, Gailard Sartain and F Murray Abraham who have adventures with an Egyptian corpse. Lido. All The Way. How far would you go to oblige your friends? R(A)738 words
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Article116 1999-11-19 37 Cathay Org Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jubliee 454- 164u Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 uoioen V *****6 1900-912-1234 332-6098 for group bookings A wheelchair facilities Bishan Boon Lay Marina TampinesB Tiongßahru Yishun Overseas Movie Ciementi/Co'wealth 777-0669116 words
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PERSONAL INVESTMENT
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Article, Illustration847 1999-11-19 38 anthony rowley - YOUR MONEY Restructuring may have crippling effects but Japan is savings-rich and poised for asset reflation anthony rowley Earlier this month, Japan's Nikkei-225 stock average struggled back above 18.000 and briefly touched a two-year high, but it is showing such reluctance to venture higher847 words
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636 1999-11-19 38 Robert Halili - JMSIBEGEima By Robert Halili The writer is director of Asian Ownership Research atPrimark HEAVY selling by directors, coupled with a sharp drop in buying caused the Singapore sentiment index to drop in line with Hongkong, where the index shed 84 points to -66.3636 words
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Article, Illustration168 1999-11-19 38 Directors and substantial shareholders were active on the selling side, with sharp gains in all four sell factors, ranging from 143% to 988% from their 12-week averages. The largest rise was in the value of disposals with Ssl77m worth of shares sold, up sharply fromSource: Primark ITA - 168 words
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PERSONAL INVESTMENT/UNIT TRUSTS
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Article, Illustration843 1999-11-19 39 WONG WEI KONG - Fundamentals are all-important again in the new year, stock pickers tell WOMO WB KOWO WONG WEI KONG BUY quality stocks and be prepared to hold—that's the way to make money in the stock market going into the new century. If there is anything that stands out843 words
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304 1999-11-19 39 Wong Wei Kong - Keen demand, strong historical returns drive second relaunch in a year By' Wong Wei Kong THE lure of high historical returns from technology funds is proving irresistible. Close on the heels of the successful launch of a new technology fund by Aberdeen Asset Management,304 words
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Article, Illustration858 1999-11-19 39 Genevieve Cua - STI stOl kas item ftr upside bat gains will be muted with stock picking skills crucial By Genevieve Cua THERE'S still upside to the benchmark Straits Times Index next year, say fund managers of top-performing Singapore unit trusts, but the rise is likely to858 words
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582 1999-11-19 39 Patrick Corfe - By Patrick Corfe FUNDS can be run in different ways. Most equity fund managers have a style and stick to it. This is both to ensure consistency and to differentiate it from the approaches of other funds. One of the most582 words
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UNIT TRUSTS
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Article363 1999-11-19 40 Genevieve Cua - Aberdeen's Indonesia country fond takes iow risk' approach to high-risk market By Genevieve Cua IF you can stomach a ride on the wild side, you may want to consider a single country fund investing in Indonesia. The returns may make the volatility worthwhile.363 words
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Article, Illustration523 1999-11-19 40 WONG WEI KONG - US fund manager sees MAS, GIC, insurers as potential clients for its fixed income management services. woMOWBXBOiva reports WONG WEI KONG SINGAPORE is set to become the Templeton group's hub for the management of global fixed income securities, as the US fund manager523 words
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Article371 1999-11-19 40 mrr TRUST/SECTOR d MONTHS: 30M>fW-12NOV9B) CHANGE KNOMWK CHANGE TaplOftn* 1 U08 Unted Japan GrtVJapanEQ 103 69 NMte 228 9tocfc A» 2222 2 0C8CSwnmaVEquiyIndU 8134 Bombay9£Ngilnit 44.76 3 DBS Japan QrowtVJapan EQ* 06-21 NM» 225 9tocfc Aw 22.22 4 Handnon QloM/T«h OoW 64.47 MSCl OBackCmpU N#M/Sa 3W371 words
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PERSONAL FINANCE
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Article, Illustration1704 1999-11-19 41 COVER STORY ITS the time of year when the twinkling lights down Orchard Road beckon with shopping cheer. But while you may still be mulling over your gift list, credit card companies are pulling out all stops to get you to ring up charges on your cards. GivenFILE PHOTOS - 1,704 words
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1253 1999-11-19 41 0>po<B nount um um M* Oepo«lt amount 1-nHh 3«*> tnnti DBS Bank HKMHHMHi HSBC A$ a| S10.000 A24.999 4 4400 4 8100 5 0100 25.000 74.999 3 9375 4.3125 4.7500 A25.000 M9.999 4 4600 4.8300 5 0300 75.000 149,9991,253 words
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Page 30 Advertisements
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Advertisement321 1999-11-19 30 51 SINGAPORE DANCE THEATRE e Presents One of the greatest Romantic Classical ballets ever choreographed 9*, 10 &11 December 1999, Kallang Theatre, B.oopm Production Choreography: Jean Paul Comelin after Jules Perrot Jean Coralli Music: Adolphe Adam M Music Director Conductor: Lim Yau NUSS Singapore Opera Orchestra *9 Dec Gala Performance321 words
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Advertisement24 1999-11-19 30 Mi't (N kiw? Iml H h Cats' Mews/ Catik eats' Mm it I«i4«f ClatsifM this L J [CATS. I Bay It SdilL Ftad k.24 words
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Page 30 Miscellaneous
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Miscellaneous164 1999-11-19 30 CRYPTIC CROSSWORD 5 Order as servant (»rnes j 27 Saw it was thawing? (7) 28 Hands off this clock (7) build (35) YESTERDAY'S SOLUTION DOWN 13 Airline to secure piece of lug- |m|>j|alflflelcltleloßll Islpl 1 One's hunted for place to ex- **f ge tMnMaUuMxMOIBdIBr cavate(6) 15 ay> Bills blushing for164 words
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Page 31 Advertisements
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Advertisement110 1999-11-19 31 A good reclining chair should provide the comfort and relaxation you deserve. >mtk That's where we think the f Stressless' recliner is perfect for you. The relationship between The seat and back automatically move to provide seat, backrest and headrest is so support according to your own body weight well110 words
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Advertisement238 1999-11-19 31 A pair return tickets I I London and 3-nights I I stay (twin sharing) at the I prestigious Brown's I I Hotel could be yours! 1 I (sponsored by Raffles International W? ,9 I Hotels Resorts and Singapore nflV t] H Airlines) H H I Send your entry to: PI238 words
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Page 32 Advertisements
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Advertisement230 1999-11-19 32 Where to wine, dine and entertm^ v i and tartes of Smgyore. Feast on die exciting spread of A local dishes we have for you such aa Nan Lemak, w u Tauhu Goreng, Tandoori Fish etc. ,Jf Do expect a danfc in oar daatv awm. Price HCject to 10% service230 words
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Advertisement110 1999-11-19 32 SES»RBi •MMiUkiA lA. avaiiaoie tot private parties I* company tinner and (fence conference seminar and meeting. If HOTEL QRAND COfTRAL LMVTED V 22 Orchard Road/Tawanagh Road. I Singapore *****7 II Tat 737 9044 Fajc 733 3175 aBSHBBBDm S H ITU? zH B m > H Roast Rack h 5 o|110 words
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Advertisement75 1999-11-19 32 from to lam daily I Buffet Buffet High Tea I Lunch Dinner sat,sun&. Mon to Fri Nightly Public Holiday 11.30 am 2.00pm 6.30pm 10.00pm 12.00pm 5.00pm Adult: LLBO-- Adult $14.80- Adult $1040Child: B.oo— Child: $10.80- Child: 7.00Hotel A t. JrrcH** I Introducing an txdting naw experience in dining! PEARL RIVER75 words
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Advertisement156 1999-11-19 32 This festive season we're transforming our lush courtyard into your exclusive party. Enjoy... I s An International dinner buffet. Champagne cocktails on arrival or free flow of soft drinks all night. A complimentary one night stay at the hotel for the oi] janiser. Special memories captured by our photographer. 3400+++156 words
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Advertisement125 1999-11-19 32 ML mi Coffeehouse floor I local dish at only 12.00 nett. CALLING ALL ■Hnior 22 Nov 1999 831-6291 Manckirvt Sugaparr —i I B® 333 Orchard Road. Singapore 2 )M67 Rutfgf Pinner: 2SVU im. TrodHionnl Boost Turkey iinwd wHh Madeira and Cranberry and OiwtnU Half shelled O/ilm on Ice Sushi and125 words
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Page 33 Advertisements
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Advertisement142 1999-11-19 33 p Busy Executive Lunch: Jazz Sunday Branch: -*ijKte» Chicken Schnitzel. Pork Knuckles. Nuremberg Sausages. Hungarian Goulash. Apple Strudel and mare. Gallic Bratwurst. free-flow beer and even more. Singapore's days of belt-tightening are over. ©I I With prices like $14.50+++ for weekday lunch and $38+++ ■fty or Sunda y brunch (including142 words
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Advertisement15 1999-11-19 33 5J o I W I jjl It ft f TIME BY c o AO h15 words
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Page 34 Advertisements
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Advertisement94 1999-11-19 34 IHIHISIJMIs>IIMINSAI 1 I \1 H V N O P R O M l> I I O /< o N lr.t H "Jm 1 -V miiu u v V tf. ,i WATCH THE GREATEST SHOW ON EARTH! iJ|kW% V I J ail j L V Eil| ll|Mn• rV J iT.fv ■118./:94 words
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Page 35 Advertisements
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Advertisement311 1999-11-19 35 /I NEW FROM SINGAPORE'S V V BEST-SELLING BRAND ?>t •"•-?^S3 ttttntrr /r :'l^,^'^. *> <»• ■80% i APiwfl -4 AT/iK®/ i WARD'S auto world, The new Nissan Cefiro. As uncompromising as its predecessor, it sets ever higher standards for the next generation to better. At its mailable U.S. NAMED the311 words
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Page 36 Advertisements
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Advertisement2263 1999-11-19 36 iilli^Wkw j®r\ J #a Ji ,jMMW w"W Jml iM^ 14 DECEMBERI999 the rock AuotTpßiuM >^3BK^^M Buy It. Sell It. Find It. Classified, f§fr CATS Call Today For Results Tomorrow. 1800-737-1166 NOTICES j 0 advertise call toll-tree 1800-741 1883 Fax No: 741 1298 ■i THE MATTER OF THE COMPANIES ACT. CAP.2,263 words
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Advertisement676 1999-11-19 36 IN THE MATTER OF THE COMPANIES ACT. CAP. SO AND IN THE MATTER OF JAMES HARD4E BUILDING BOARDS (ASIA) PTE LTD (In Mawbata' Voluntary Liquidation) NOTICE OF SPECIAL AND ORDINARY RESOLUTIONS [Purauanl to Section 290(2)(b)] Al an Extraordinary General Meeting of the Company hold at 65 York Street Sydney NSW676 words
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Page 37 Miscellaneous
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Miscellaneous2288 1999-11-19 37 TODAY'S TV MOOHMBMDBD THjWDTO I E Day Ayr ATI nf dating thp olrtpr man's 4.00 Here's Humphrey: Dec- 640 Asian Market Report. IVL6II 01 "eriman s aoo Headline News. i daughter (Meg Ryan) adds Walter Melon. 6.03 In Conversation. aCtlOn to the fire. Peter Hyams 5.00 Sesame Street. 0-30 Asian2,288 words
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Page 38 Advertisements
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Advertisement274 1999-11-19 38 I Shenton Greater Europe Fund I -Wm ■1 f JH I Set your sights on the changing landscape of |t I There is now a growing equity culture in I The European stock market, now second I I only to the US, offers some of the highest I I I274 words
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Page 40 Advertisements
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Advertisement115 1999-11-19 40 We'd to salute your extraordinary drive the chance to BMW 323 Ci Coupe. In when your application for a Standard Chartered Credit Card is approved, plus additional chances with every Ssso you charge to your card. What's more, there of guaranteed gifts Today, you may only dream away, but tomorrow,115 words
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Page 42 Advertisements
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Advertisement100 1999-11-19 42 /^> Credit card issuers want you to charge on. and j m a bounty of rewards awaits big spenders. LING SU ANN reports on the great giveaway on "*"tiinihn ygjMitwir.?* wysm WMn To many Singaporeans, Catherine Lims somewhat flamboyant style is immediately familiar. Overseas, however, it may be only her100 words
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SHIPPING TIMES
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Article300 1999-11-19 43 Bridge News, Reuters THERE continues to be talk of lower Atlantic rates for Panamaxes, but there is the continued suspicion that charterers are sitting on cargoes in an effort to push rates lower. There is also still talk of more business being conducted under the counter. Rates remainedBridge News,; Reuters - 300 words
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Article303 1999-11-19 43 SCS '000 ■w* HI CWT Distribution 1.45 0.06 443 Chuan Hup 221 0.18 9262 Cosco Investment 120 -0.01 230 Freight Links 0J3 -0.01 956 G6 Holdings 0.95 -0.01 5 Hal Sun Hup 0.70 -0.02 763 IMC HoKfmgs-HK —5.60 unch 0 Jaya Holdings 1.04 0.01 243 Jurong Shipyard 8.70303 words
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Article, Illustration462 1999-11-19 43 Ann Toh - It will help develop integrated logistics solution for petrochemical firm's operations By Ann Toh [SINGAPORE] Petrochemicals manufacturer The Polyolefin Company (TPC) and PSA Corp will jointly develop a prototype integrated logistics solution that automates and shortens the supply chain management processes of petrochemical462 words
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120 1999-11-19 43 [SINGAPORE] PSA Corp has been named Asia's best container terminal operator at an Asian maritime awards ceremony held in Hongkong on Wednesday. The world's top container terminal operator bagged another award when its flagship project in China, the Dalian Container Terminal, won the Best120 words
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685 1999-11-19 43 Selva Kumar - ADMIRALTY CASEROOK By\ Selva Kumar WHETHER a particular court had jurisdiction to hear a cargo claim would depend on where the carrier breached its duty to exercise due diligence at the port of loading, port of discharge or on the685 words
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189 1999-11-19 43 Bloomberg [MIAMI] Carnival Corp, the world's largest cruise-line operator, said it ordered two US$4OO million (***** million) cruise ships from Italy's Fincantieri Cantieri Navali SpA for its Holland America Line to be delivered in 2002 and 2003. Carnival said each of the 1,800-passenger vesselsBloomberg - 189 words
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196 1999-11-19 43 [SINGAPORE) The clamour for effective and concerted action on the part of Asian governments to curb piracy in the region has produced results with the Indian Navy's capture of a hijacked ship and 15 alleged pirates. Indian naval officers are questioning the 15196 words
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221 1999-11-19 43 Testing of equipment continues at Tiaqjin in the north-east Bridge News [BEIJING] Recent Y2K compliance work at key Chinese ocean ports in Shanghai and Ningbo has made port authorities there "sufficiently satisfied" that they will get through the New Year without problems, althoughBridge News - 221 words
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ALONDRA rainbow
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Article, Illustration805 1999-11-19 44 Pirated Japanese ship and its crew taken by Indian Navy to Mumbai where the crew are being questioned [SINGAPORE! THE hijacked Japa-nese-owned Alondra Rainbow was captured after a high seas chase and what is believed to be the first time recently that naval firepower was usedFILE PHOTO - 805 words
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Article299 1999-11-19 44 PACE ESP lines 13 MIL 3 Evergreen 6 Accord 8 tongSun Ahrenkid M M Links 14 Appenship 5 6 L Asm OCL 13 6 Austral 8 Censlipg 13 Avant 14 Global 13 B'tang Mas 8 CloryNw M BSA 7 HaiSunHup 12 BTL H Hangli 7 Bala)i Shpg299 words
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Article21113 1999-11-19 51 thebusinesstimes THEBUSINESSTIMES EXPORT Vessel Voyage Telephone I ETA ETA Adver1.sef Vessel Vo.Me Twenfton-. I ETA 7r* HZZI sm nilfn N?™ u°I!2! T «"P»on* I ETA ETA Adverts Vessel voyage Telephone SIN Destn Name Name Numt>er Number I SIN Dest'n Name Name Number Number T lain liU/iBM wu» I21,113 words
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Page 43 Advertisements
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Advertisement179 1999-11-19 43 I I- W H M|m i i >• m Special Feature November 30,1999 z The tide has turned. The shipping industry has picked up dramatically in the past year. It's all systems go! Around the world, aging fleets have to be repaired, converted or r replaced and local shipyards can179 words
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Advertisement1171 1999-11-19 44 NORTH AMERICA I EXPORT I I OTHER DESTINATIONS I gSX-am'W SHUTTLE EXPBgSg-arocr TO LONG MACH ~1 rnl W«»TCO»«TOf CIHTWALAMgtt6»»<«Irt«I»T«BBI»ICtI 1 «ssa vot paan bum i—mh muas how okmo www ■bkooit rasa vo i pr.aunm| aouwu saw lowmo cowno pt emeu wwuvßmni SjjS aw ooa lamn mm I m/ii I m/ii1,171 words
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Advertisement678 1999-11-19 44 Lines 4s*vk*srepreeenled u by Members ol Ihe Registry o( Members ol the Accredited Shipping Agents. SUUU Singapore Freight Forwarders National Shipping Assoc Association NORTH WEST EXPRESS UNE ACCEPTING CONTAINERS, BREAKBULK S. PROJECT CARGO TO FREMANTLE MV "TBN" ETA SIN 30/11/99 BOOKINGS CALL MOMC4/JUUA TEL 323 4374 7 CONVENDONAi CARGO fan678 words
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Advertisement1069 1999-11-19 45 TO EUROPE FROM EUROPE Ivissa vo» ai mi Mi w brv sou m ieh Ivissn vot »tm ham wv sou fit uh im HYFHWAI 321W 21/11 09/12 11/12 14/12 01/12 HTMGMKSS 3201 21/10 30/10 02/11 27/10 20/11 THAMES 558W 25/11 11/12 15/12 14/12 13/12 DMAS 5321 31/10 02/11 05/11 04/111,069 words
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Advertisement1935 1999-11-19 45 <g) HANJIN SHIPPING iikP I A MsEWrn!«• -SNB *****30 hamn swpping (S) rn ltd h» t iookiiig *****3s 73; sales *****74 731 documw *****/1774 oftunows *****50 ?si mm tint *****5S m nimi amo 11 s34T3Qooom I TO NW USA A CANADA I USA CANADA* for vsi/vor iw s*™ umi hau/voy1,935 words
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Advertisement312 1999-11-19 45 fULLY COWTAINHIIIP PIPICAUP HIVICII wssa w_ _s*_ ro[wr| si |it I m na ws 1 vtn I I r°ss lif/iil ?l/ii I a»ai -I 11 117/*****/*****/TT M/ 11 I tit! 111/111 n/ll _|ooulii/jjln/j! UtT( IHSAA MISS I If/111 M/ 11 30/11 01/12 Otti 0071 I 2*/ll I 27/11 aqoanua 01S»312 words
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Advertisement1299 1999-11-19 46 DSR-SENATOR LINES TO UK/CONTINENT TO MEDITERRANEAN/CANADA VtKtL g LEH HTM AMR HAM ||BV IfU I VESSEL IvOY |SM GIT SPE |KB VIC MTH~ HAMJM POfITIANO 0035W 11.11 Ul2 (4 12 Kl2 07 12 Ml 2 Ml 2 MIZAIOOUN KM 1111 Hl2 Hl2 It 12 12 12 1112 TRADE MAPLE 002CW1,299 words
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Advertisement857 1999-11-19 46 jUflMAfi-NkLs s'PdltlE M'Sia sasssT' I BANGKOK: (062) *****57 SURABAYA: (31)*****11 I P. KELANG. (03)*****7/ JKT; (21)690*346 KUCHXG (082)*****1-3 /BARCELONA MV "CHOYANG CHANCE" VOY WM9SO ETA SIN: 25-11-99 Also accepting to Alicante, Bilbao, Madrid, Valencia. Pis Contact us at Tel: 220 2022 I Cally/Cyndi/Xiuhua I AStkkN CJAR Liner, LTD. »HarkowDwe#o7-M Ijfc857 words
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Advertisement609 1999-11-19 46 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VttMl S POflf N SHEVA COLOMBO P KLANG TULSIOAS V.117 24 NOV II DEC H DEC 13 DEC JJ*" VWW NOV 17 DEC 14 DEC 1* OK CAPE CANAVERAL V.IISW M DEC 14 DEC M DEC H DEC TULSIOAS VllB 13 DEC M DEC 21609 words
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Advertisement1801 1999-11-19 47 VESSEL VOY KHH HKG SIN PKQ PQB PXB DMM 8A BtK IRAN BAABAEI PCL-5128 10/11 12/11 16/11 17/11 28/11 27/11 28/11 30/11 02/12 IRAN TAKHTI PCL-5129 17/11 19/11 23/11 24/11 03/12 04/12 05/12 07/12 09/12 IRAN TABATABAEI PCL-130 24/11 26/11 30/11 01/12 10/12 11/12 12/12 14/12 16/12 IRAN SATTARI PCL-1311,801 words
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Advertisement1000 1999-11-19 47 Direct Calls to Mm (6 Nyi) f Nagoya (7 Days) Tokyo (t Days) I SINGAPORE'S GINERAL AGENTS: 80 ROtINSON RD TEL 226 1900 FAX: *****06 OUTWARD (l/l) *****02 JOHORE OFFICE: COSTAi SHIPPING PTI LTD *12-00 SAIES/IKGS *****57/60 INWARD DEPT ID/0) *****85 COSTAR AGENCIES (M) SDN BHD CR NO: **********00 SINOAPOREO6B69B1,000 words
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Advertisement860 1999-11-19 47 EXPORT I IMPORT I hj Iww* *Hl'l<Sfi\'W/fi' t T Tffgr "ij^TT ACQPIWS (AMOft 10 t FtOfe I) MMN, HMBMVBL MOKOML STKIWMM VIA NM 2) AMTWBP VIA Ifli TRANSPACIFIC SERVICE EXPORT -CYAimOOWE IB DM 20/11 ST/SON NNAM 0011 Ett DM 20/11 I IMPORT VESSa VOY SW IGB 1 OAI jMCPIWUMOBRic i)s«Nnu»860 words
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Advertisement1317 1999-11-19 48 EUROPBUII/SCMIDIHAVUWIHUUID/RUSSIA SGP ROM ANW HBG THP ZEE LHV I LHV THP ROM ANW HBG PKL SGP E DAINTY RW-013 20/11 09/12 14/12 18/12 12/12 13/12 14/12 I E ROUND RE-039 2«/10 2S/10 30/10 10/11 E DYNAMIC RW-007 2MI 16/12 21/12 17/12 19/12 20/12 21/12 IE RENOWN RE-036 04/11 06/11 05/111,317 words
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Advertisement654 1999-11-19 48 f PACIFIC INTERNATIONAL UNES (PTE) LTD I ssssl ffc 140 Cecil Street, #03-00 PIL Building, Singapore *****0. I^———————^——__ CR NO: **********0E I I W J". wt I \h\\ #7TT 5/ W\\ S i;;ii if;i! m rx" I fa I I I"S"1 yorisi'loM m HOP n m pn^w^iwa^o^l asaaa. -sffe ?/.v654 words
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Advertisement416 1999-11-19 48 I IJ JIJIMII.iI J J 50 mOt BLANGAH ROM) 462-62 OMICBfTRE STORE *****6 TEL *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESsa WY. ra ETD DEsmxnoN NABUNNA 41« 2S/11# ZMI« MUNTOK UMMU 14«2Vt1«2M1» PONTUNM muucm cm tanxm mvm pkl mumi MMUKMM 43A9 KVI2AI HI 298 MLBMAN&ML416 words
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Advertisement461 1999-11-19 49 aM MYANMA pBBk FIVE STAR LINE W (Myonmor National Lin*) v Loading for YangoN (Rangoon) VISSII VOY SIN PKL KM PGU MONGU 28W 21/11 MAWLAMYINE S7W 10/12 MALAYSIA AGENTS: lOUSTUO SHIPPING AGENCIES KUL TEL (03)*****00 PKU TEL (03)*****01 PEN: 111 (04)*****02 PGU: Til (07) *****21/4 BANK LINE (A service of461 words
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Advertisement1257 1999-11-19 49 HYUNDAI MERCHANT MARINE CO., LTD. Ivtssa VOY SI I SOU I UH I RIM ANT I HAM IKVI fa [VESSE VOT I SOU I LBI IW I ANT I KMi IMV I m I SRI I TYNI S3IW If/I I 10/12 11/12 05/12 07/12 HYHKHNESS 3201 27/10 03/11 30/10 02/111,257 words
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Advertisement1182 1999-11-19 49 WALIENIUS WIIHELMSEN TO NORTH AND LATIN AMERICA "CAR RORO HEAVTUFT SERVICE' I VtUll VOT I lUf HDGKI SIN lUU «l «U |MV U OKI KTC WW |MM Tins ahio 400T««j 6.3 M 26/n 25/12 03/01 06/01 os/oi IoToT TTToT "HToT TtToT Ivor TOM AHII 400 Tom 6.3* 12/12 09/01 17/011,182 words
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Advertisement799 1999-11-19 50 BANOKOK/MAP TA PMUT/LAEM CHABANQ JAKARTA/PAN J A NO VESSEL VOY SIN BKK MTP LCH VESSEL VOY SIN JKT [~~PJN MATHUBHUM 441N 20/11 24/11 23/11 BANI BHUM ***** In Pt 21/11 XETHABHUM" 31 ON 21/11 24/11 25/11 BUNGA MAS TIGA *****9 20/11 24/11 ACX SWAN 398E 22/11 26/11 26/11 SHAHE* 012799 words
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Advertisement346 1999-11-19 50 INDONESIA NATIONAL LINE TO AUSTRALIA ""1 FULL CONTAINER SERVICE va wic sw w w sit m ux m APIEMBAU) ITS 23/11 03/11M/1J 07/17 It/11 USUGAI m JO/I I 00/1J 11/ l? 14/IJ 17/11 T rOOWMSM* "MT 07/12 17/11 H/l? ?1/1T M/ 1? T apinort m u/it n/n »/ii a/ii »/u346 words
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Advertisement714 1999-11-19 50 VESS£LS VPI PKL JED MLA [1H RTM mam TFT SOT VM-LE D€ VIRGO S34W 23/11 24/11 02/12 07/12 13/12 ~~l4m 19/12 SAUOIJEDOAH N34W 29/11 30/11 09/12 14/12 19/12 20/12 "ai2 24/12 26/12 SAUDI JUBAIL H34W 07/12 oa/12 16/12 22/12 27/12 "»12 3*12 31/12 02AM VMED ORION Y34W 14/12 15/12 23/12714 words
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Advertisement47 1999-11-19 51 FAR EAST EUROPE FAR EAST MED irw Manila/Guam/Saipan FAST USA Agents: V-Grow Shipping Pte Ltd FULL CONTAINER See Page 7 Da,l y EXPRESS SERVICE Wallenius Turn To Pg 5 Wilhelmsen New Europe To CES MIDDLE EAST/ China Shipping (S) SE AS,A Service Agencies Pte Ltd 7 (Barwil)47 words
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Advertisement52 1999-11-19 53 Vafil STEaj[| Dial 740-6000 on demand —(Retrieve more schedules!) Press "1" C _JFV Select the port and key in 5 the four digit code —eg. To New York (NYC) 2275 STjg) Key in your fax number J your phone number Another innovative service offered by c The document Will be52 words
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Advertisement183 1999-11-19 54 B H COCOS TRADED (FOMST PIOWKTS SERVICE) (Siwi («l Sminr KurChmbnits Island Krvmaiitk- Old* Island) EUKOf t SIRYKI "Ak» call other west Amlralii ports subject l» indureiwul TAW SKN KKU TMA VESSEL VOT. SIN ai FNU. COS OCEAN QUEEN 30/11 02/12 04/12 TMOt KIRSTEN 4SSB 01/12 06/12 14/12 24/12 IQMMWG183 words
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Advertisement335 1999-11-19 54 TOEUWOPI CWM/mWOH WHVICt VESSELyVOY XOQ OOA RMA mka tw yiaa ■TM rn TRADE MAPLE gffW ?7 NQV .11 "&Z 1» NOV 09 DEC ~11 DEC 12 DEC TRADE HARVEST 02SW 14 NOV 16 NOV 18 NOV 22 NOV 26 NOV 16 DEC IB DEC 190 EC HANJIN DALIAN 027W 21335 words
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Advertisement706 1999-11-19 55 SSAMUDERA SHIPPING LINE LTD 72 Ihm load, #06-01 to 03, Sin«aport 07ff 11 MAM UNt/OUTWAID: 532 VM INWARD (DID): 437 23M IMPOST STATUS (WO): 437 2371 INVENTORY (WO): 437 2420 http://www.samu<i«ra.«Mii CI NO. **********0 D 6266 (Celig/Jessko/Mei Chon/Jestynn/Doro/Honim) MEMBMEM 8 SIGS/WEEKLY 3 SIGS/WEEKLY I VOT 1 SI I JAR IvfSSfl706 words
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Advertisement708 1999-11-19 55 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO IWCI* I *T I 1 -MglfOG CM» tow HAI NYL Off SAV NEW TAM HOU u'.W s'!! -gyP n/n nm /01 W/M /< /fll "C* HOIfiM yO3 W/03 10/03 13/03 17/03 H/03 24/03 01/07 U/M w/w I 21/02 I 74/07 73/03 74/03708 words
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Advertisement347 1999-11-19 55 I 1111 Kp BSnnufliyTcmSrSfrlußijlgiiPiSM BREAKBULK CONVENTIONAL SERVICE DIRECT SERVICE FROM S'PORE TO KARACHI [rasa voTAg n* swcatok mnuoi ismm*p iwwii n/11/w 02/12/99 mm H/IVW IH/01/MM SEA-PAC MANAGEMENT PTE. LTD. 3 Maritime Square *12-03 Cobb Car Tawar* Singapore *****4 VbU TaUphone: 270 0977 Vjl Focsimil#: 275 230t or 275 2309 Ww347 words
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Advertisement570 1999-11-19 56 IVESSEL^^VOY^^siJ^^IUAJ^^SI^^I TIGER BAY 750S 19-19/11 24 27/11 01 02/12 I TIGER ISLAND 751N 22 2111 27 3&11 05 0&12 I TIGER RHYTHM 749N 25-25/11 30-0112 07-06/12 I TIGER BRIDGE 752N 27 28/11 0106/12 10 11/12 I TIGER METRO 753N OH)2/12 0&09/12 14 15/12 I TIGER ISLAND 755N 05-06/12 10-1312 1&12/12570 words
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Advertisement772 1999-11-19 56 ,J% FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: Besin@singnet.com.sg DIRECT CONSOLIDATION SERVICE TO ALEXANDRIA COPENHAGEN MAHE PHNOMPENH BUENOS AIRES HELSINKI MANZANILLO SAN ANTONIO CEBU ISTANBUL MEXICO CITY SANTOS VALPARAISO IZMIR NHAVA SHEVA XINGANG SUVA NOUMEA MALTA SANTO DOMINGO PLEASE CALL OUR TOLL FREE Ll^^ 1800-*****66 FOR BOOKING PROJECT SHIPMENT772 words
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Advertisement1104 1999-11-19 56 f b kk9l 4m,SO |nV Q W«Ml« Irttp://www.ood.cMn WO KTW AMtiICA IHA tl>wt w i« o* mmimHflu 55 m£h iirc hou oi ia s» OOCIA*MI(A3*S4I 74/11 10/17 15/17 14/17 14/17 15/12 OOCI AAOI(A 38W544 74/10 77/10 71/10 29/10 03/11 71/11 00(1 (AUKKNIA 41E544 01/17 17/17 77/17 71/17 73/1? 77/17 OOd1,104 words
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SHIPS IN PORT
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Article693 1999-11-19 57 Vessel Voy No Berth Arrival Departure Vfitu *****9 J08 18/1V7 45 8/11/1530 Mofnmptm 1002 mi «/n/7 00 nrnm-oo St Ca Indrii ***** JOI 18/11/8:30 20/11/0:14 C Pfogre" 8 *0V J09 8/11/8:20 8/H/1500 Clipper Card 9903 J15 «/1V8 IO 8/11/23:59 81 ttekar n2999 JOI 16/11/1010 8/11/23:00 81 Putra Ban693 words
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Article2008 1999-11-19 57 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booking/Balance Rstls Ship V«y No Etb/Btr Period From To Frm AC MIC VIB 700 IlfMC 2A ir/ITOO N/0659 N/0900 it 17/1700 N/0659 N/0900 n/otoo N/n59 n/moo n/uoo n/m*9 n/itoo AIAUATA2 S623H 20/0 00 2A 17/1700 N/0659 N/0900 a 17/itoo «/o*»2,008 words
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Article100 1999-11-19 57 Nov 23 Japan: Labour Thankgiving Day. Nor 28 United States: Thankgiving Day. Dee 8 Italy: Immaculate Conception. Dee 9 Brunei: First Day of Fasting. Dee 23 Japan: Emperor's Birthday. Dm 25 Italy: Christmas Day. Brunei: Christmas Day. Australia: Christmas Day. Belgium: Christmas Day. Canada: Christmas Day. Denmark: Christmas100 words
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Article776 1999-11-19 57 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 indicated. The Cockett Bunker Price Index change and776 words
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Article483 1999-11-19 57 Cfftea no Mm 991.2 1.2 17.8 0.11 79 0.09 Mot tl OmitT Mw BhMm At* UmMm Si—iI No *ow 125 1 1 11 1 0 0 380 A»c 984.3 0J 33.5 0.07 24 0.02 f.-Z 380 Ma 993.4 0.7 18.1 0.12 54 0.04 Wir» rm mm*483 words
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Advertisement59 1999-11-19 57 fl n n i 1 1 wi 1 m C=j -pp~ C 3 O P _l *****/tffl rt 1111 fllj_LLL.tz| i r> i_L 1 EQ Any Destination, Any Time. Sailing schedules to the Americas more. 24 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another innovative service59 words
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Advertisement26 1999-11-19 57 The Straits Times CLASSIFIED Where buyers and sellers meet Find the perfect item at a garage sale. [V,T CAT AI Bay k. Scfl H FW ft.26 words
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AIR & LAND transport
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Article, Illustration468 1999-11-19 58 Bloomberg [ADELAIDE, Australia] Qantas Airways Ltd, Australia's biggest airline, said profit in the fiscal year-to-date is ahead of the same period last year, boosted by an increase in passenger numbers. "Passenger numbers on our domestic operations have increased in line with increases in marketBloomberg; FILE PHOTO - 468 words
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631 1999-11-19 58 EGYPTAIR CRASH More details revealed supporting theory that pilot, co-pilot fought over control of plane Reuters, Bridge News [SEATTLE] Boeing chief executive Phil Condit has expressed concern about making any firm conclusions at this stage over the Egypt Air crash. He told CNN thatReuters,; Bridge News - 631 words
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473 1999-11-19 58 Expansion of one of the world's fastest growing airports dne to be completed early next year Reuters [DUBAI] Dubai is forging ahead with a US$54O million (*****.4 million) airport expansion project to cope with the flood of visitors expected to throng theReuters - 473 words
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Article, Illustration84 1999-11-19 58 [DUBAI, U AE] Abdulaziz Al-Mayouf (right), sales manager of the National Air Service (NAS) of Saudi Arabia, and Hamad Al Wazzan look at a brochure for the Raytheon Hawker 800XP business jet at the Dubai air show. NAS signed a US$l7O millionREUTERS - 84 words
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201 1999-11-19 58 Reuters (LONDON! Britain announced that controversial plans to sell off air traffic control services would be included in a wider Transport Bill to be put forward in the coming parliamentary session. The government included the sale of a 51 per cent stakeReuters - 201 words
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311 1999-11-19 58 Bloomberg [BRUSSELS] More than 30 per cent of airline flights within Europe in the third quarter were seriously delayed, according to the Association of European Airlines (AEA). The association, which represents 27 carriers, said 30.5 per cent of all intra-Euro pean flightsBloomberg - 311 words
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Article1928 1999-11-19 58 CITY FLIGHT ETA FU6HT ETO *****7 1655 S026 2355 AkaOhaM GA975 1520 L Jgg "59 MM AM230 INS AN6229 2230 I IH6381 1905 IH6380 2230 M2J0 1905 SO229 2230 F—to S#*9 1750 S0990 0125 Altartai GA975 1520 ****** 0130 S0«M J9J0 C23S4 0910 ****** 1535 KL06381,928 words
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