The Business Times, 8 December 1999
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1999-12-08
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The Business Times
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Title Section13 1999-12-08 1 THE BUSINESS TIMES MITA(P) 046/12/98 85C SINGAPORE Internet: http://business-times.asial .com.sg/ WEDNESDAY, DECEMBER 8,199913 words
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Article63 1999-12-08 1 □m must (+56.03) MVT-SKI LJ 87U7(+20.08) □smsca nrroiES 317J0 (+4.50) STOCK MARKET INDICES Tuesday Change KLSE COMP 730.28 +184 NIKKEI 1&583J6 +8676 HANG SENO 16.073.09 4&£3 SET INDEX ***** 4*4 JAKARTA COUP __621.K -174 MANILA OOMP —1,***** +1J8 TAIPEI WP1 7387.06 47.41 SEOUL COMP mn ♦IM CLSA CHINA63 words
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Article75 1999-12-08 1 FOOT BATES US! SS USS 1.679 £(US8/S$per£) 1.624 17*7 EURO(US$/S$/E) 1.024 1.720 DM 1410 0.871 YEN 1018 1.633* RM 3.800 0.442 HKJ 7.774 6116 BAHT 88.82 0.943 BIJPIAH T909 him* ■w* v.v*m 'StUUtunUs PUKE BATES SINGAPORE* 5.80 KUALA LUMPUR 7.25 JAKARTA .40.00 BANGKOK 10.00 MANILA 11.00 HONGKONG 8.25 TAIPEI75 words
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888 1999-12-08 1 Anthony Rowley - But it gives an otherwise fairly bright outlook for Asia over the next few years Front Anthony Rowley in Tokyo ASIA has yet to pay the bill for financing recovery from its recent crisis and the costs could be very large,888 words
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Article, Illustration462 1999-12-08 1 R Sivanithy - Banks, bine chips surge, but broad market languishes By\ R Sivanithy [SINGAPORE] Thanks to continued buying of bank stocks and a handful of other blue chips, the Straits Times Index yesterday surged 56.03 points or 2.5 per cent to a second consecutiveSource: Bloomberg - 462 words
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499 1999-12-08 1 Conrad Raj - -j i exclusive It also plans to buy into a European investment bank Byi Conrad Raj [SINGAPORE] Stockbroking firm Vickers Ballas is planning to reduce its trading risks by tying up with an American company which will take over the assessment of499 words
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Advertisement87 1999-12-08 1 DHBPB Top stories Expat businessmen in Asia rate S'pore one of the region's least stressful places, ffovf Page Only KepTatLee ventures into land of hi-tech start-ups. Pg4 DBS acquires JP Morgan's stake in Philippine bank. Pg4 Wee Cho Yaw's firm set to buy Mandalay Court for $52m. Pg 11 Bank87 words
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Advertisement58 1999-12-08 1 p 4?* v steaKfejfe€\ -f < w* 1 S. ;'V Hgßr 1 r 1 iJ I The people who made money in the gold rush are not the people looking for gold. The peopie who made money are the ones who sell picks and shovels to the other people who58 words
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Advertisement78 1999-12-08 1 mSSSSSS ]SE33y 7 A g?.~" I H Available at: <s> Cortina Watch Centre SINGAPORE Cortina Watch Cartra Pla Ltd Raffles City #01 -36 Tel 339 9185 Fax 339 1566 Lucky Plaza #01-32 TW: 734 3668 Fax 736 1873 MiNania Walk #01-63*4 Tel 339 1728 Fa* 339 3458 'The Paragon #01-13Te1:23578 words
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NEXT page
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640 1999-12-08 2 Anna Teo - Fere survey finds anxiety levels among expatriates in most countries of region have come down By Anna Teo [SINGAPORE] Expatriate businessmen in Asia rate Singapore one of the least stressful places in the region, second only to Japan, a survey has640 words
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Article, Illustration985 1999-12-08 2 Catherine Ong - PEOPLE The Father of Internet is busy on Interplanetary Internet, a mission to go where no network has gone before By i Catherine Ong THE Father of the Internet may not be as well known as his electronic child but he is equally intriguing. VintonSIEW YAW HOONG - 985 words
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ON THE grapevine
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Article78 1999-12-08 2 BINTANG Melewar, which is controlled by Negri Sembilan prince Tunku Abdullah, is expected to submit its finalised Clob proposal to the Singapore Exchange tomorrow. The prince has fine-tuned the plan to unlock the 172,000 Clob accounts, which hold more than RMI6 billion (517.1 billion)78 words
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Article59 1999-12-08 2 LISTED serviced apartment player Scotts Holdings held a briefing on Nov 18 to introduce some senior executives and to present the group's plans. The appointments became effective a day later, but guess when the announcements were made on Masnet Dec 6. It's faster to read staff changes59 words
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Article105 1999-12-08 2 THE battle between the Internet service providers looks set to hot up in the next few weeks. Pacific Internet has fired the first salvo by setting up a "Free ISP's: are they worth it?" section on its Web site, making an indirect reference to Star Hub105 words
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Advertisement99 1999-12-08 2 Formerly a military secret. Finally available to a select few. h--'35 r r~r r ;r;r r c|l,T 1111 is i"< fill It i I*K, y'9 I l J 11 I I k k k It k J > Ji i J J J. J -i- i ii I i| ".IF99 words
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WEB entrepreneurs
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Article, Illustration597 1999-12-08 3 Toh Han Shih - By' Toh Han Shih YOU don't have to be special to be an entrepreneur, even if it means going abroad to realise your dream, according to a Singaporean who's been there and done that. Naresh Parshotam started his business right in Silicon Valley andCHRIS LOH - 597 words
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Article, Illustration314 1999-12-08 3 Toh Han Shih - WebChoice.com's technology lets students use TV, PC as learning tools Toh Han Shih ROBERT Chua, a TV entrepreneur, plans to adopt an innovative technology linking TV with the Web from a US start-up, Web Choice.com, and bring it to Singapore. A SingaporeFILE PHOTO - 314 words
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Advertisement32 1999-12-08 3 Performance 2 Digital home theater with a difference .Bg/m Atl.is Hi Fi Pto Ltd "03 19/21 Pla/a Singaptira. 68 Orchaul Road. Sirujaporo :>***** Trl 330 09t/>C) fax: 336 4678 Web Site: http://www.atl.is-hifr.com32 words
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Advertisement107 1999-12-08 4 T7D I 1 KINGBQARD COPPER FOIL HOLDINGS LIMITED (Incorporated in Bermuda on 10 September 1999) INITIAL PUBLIC OFFERING 215,000,000 Ordinary Shares Issue Price: 550.53 each Applications for shares under the public offer may be made by way of printed Application Forms or Electronic Applications as referred to in the Prospectus107 words
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SINGAPORE companies
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Article, Illustration476 1999-12-08 4 Siow Li Sen - Other local banks have yet to set up scheme to finance this high-risk group By\ Siow Li Sen LOCAL banks other than Keppel Tat Lee Bank are not quite ready to embrace the new business of financing risky high-tech startups. Most bankers476 words
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Article, Illustration539 1999-12-08 4 Jennifer Lien - Loans come from $50m fond; bank also gets stock options in companies By, Jennifer Lien KEPPEL Tat Lee Bank's TechFinancing Centre yesterday said it had signed loan deals worth $8 million with three technology startups. The two-month-old centre has received 100 applications for startup539 words
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323 1999-12-08 4 Manila central bank says DBS aiming for 30% of merged entity Bloomberg [HONGKONG] DBS Group Holdings Ltd bought JP Morgan Co's 12 per cent stake in the Bank of the Philippine Islands, the head of the Philippine central bank said. "They didBloomberg - 323 words
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709 1999-12-08 4 kalpana rashiwala - |!K»iHlocksiew kalpana rashiwala PARKWAY Holding's founding Tan and Ang families agreed last Friday to sell a 19.6 per cent stake in the company to Schroder Capital Partners (SCP). That appears to have put a spanner in the works for DBS Land's healthcare709 words
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Article, Illustration410 1999-12-08 5 Andrea Tan - About $66m from total IPO proceeds of $86 Jm will be used to increase production capacity By. Andrea Tan KINGBOARD Copper Foil yesterday launched its initial public offer of 215 million new and existing shares at 53 cents each for a mainboard listing. TheFILE PHOTO - 410 words
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Article, Illustration463 1999-12-08 5 Jeanette Pang - Chinese partner has guaranteed sale of 75% of the project By Jeanette Pang CHINA property developer Dragon Land has struck a deal to carry out a $42 million public housing project in Tiexi district of Shenyang City. Called Lion City Garden, the project will463 words
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385 1999-12-08 5 Carol Eng - Web-based education portal plans listing in three years By i Carol Eng TEXTBOOK publisher Pan Pacific Public Co has teamed up with Internet startup Ezyhealth Asia Pacific to set up a Web-based education portal with a view to listing it in three385 words
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99 1999-12-08 5 Reuters CHEMICAL Industries (Far East) Ltd said yesterday that it had sold its London properties for £16.25 million (5544.3 million). It said in a statement its subsidiary Proctor House Ltd had sold Proctor House and the adjoining 111 High Holborn. It added thatReuters - 99 words
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570 1999-12-08 8 Teh Hooi Ling - $50m tranche for retail investors can be raised to $100 m if demand is high By' Teh Hooi Ling DBS BANK is launching today an $878 million bond issue out of which $50 million is set aside for retail investors as part of the570 words
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261 1999-12-08 8 Ling Su Ann - Netherlands-based nnit helps boost turnover by 3-7% By\ Ling Su Ann JADE Technologies yesterday reported a 3.7 per cent gain in revenue to $67.3 million, while its net profit remained unchanged for the year ended Oct 2. The semiconductor component maker, which is261 words
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182 1999-12-08 8 KEPPEL Telecom Transportation said its US$lOO million (Ssl6B million) convertible bonds, which include a greenshoe option of up to US$l5 million, have been oversubscribed. The lead manager, Robert Fleming Co, has just exercised the greenshoe option that can be taken up within three weeks of182 words
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COMPANY Briefs
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102 1999-12-08 8 SINGAPORE Aircraft Leasing Enterprise has delivered a brand new A 320 aircraft to North America's newest low-fare airline, Jetßlue Airways. The aircraft, the first in Jetßlue's fleet, was delivered directly from Airbus Industrie's Toulouse plant This is the first of two A32os which102 words
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87 1999-12-08 8 CHUAN Hup Holdings said it has acquired three vessels for $5.8 million. The purchase of the two barges and a tug will increase the group's fleet of vessels to 146 and cater to the expanding needs of the group's customers in the coal87 words
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Article98 1999-12-08 8 KIAN Ho Bearings has entered into an option agreement with a third party for the sale of its property located at 8 Tuas Ave 20, Singapore, for $3 million. Completion of the sale is subjert to approval being obtained from the Jurong Town98 words
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69 1999-12-08 8 MAYFRAN International has received acceptances for 128.41 million rights shares with warrants, representing 98.8 per cent of its 2-for-l rights issue. It also received excess applications for 4.73 million rights shares, representing 3.6 per cent of the rights issue. Mayfran is issuing a renounceable rights69 words
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Page 5 Advertisements
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Advertisement60 1999-12-08 5 t v* VOLVOS HAVE ALWAYS FORCED OTHER CARS TO BE SAFER. THIS ONE WILL FORCE THEM TO BE BETTER. THE NEW VOLVO SBO W I UTS mnox .U:\o hiph>h p\>W\ lion >Umii Ww U .ui\ .m*. i\l nil] it ibir N.itot\ vint.miN IS mma r .k!\ .tiu i\l '.n v60 words
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SINGAPORE markets
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Article488 1999-12-08 6 Stocks Volume MIT 10c 35,103.000 Asia Food&Prop US$ 31,609,000 PCI A 17.000,000 CM Telecom HK75c 16.377,000 Golden Agn US10c 16,316,000 China Toll 20c 14,970,000 'Gen ting Int 14,902,000 SingTel 15c 12,522,000 GMG Global 5c 10,551,000 OCBC DB eCW*****7 9,871.000 Stocks > 0C8C 101,770,306 DBS Grp 70,931,806 SingTel 15c 41,196,890 OUB488 words
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Article, Illustration555 1999-12-08 6 r. sivanithy - I :j comment STOCKS r.sivanithy THE recent similarities between trading in the local stock market and Wall Street continued yesterday with the benchmark indices propelled to new highs but with the broad market lagging far behind. Also, like in the US555 words
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Article, Illustration168 1999-12-08 6 R Sivanithy - WARRANT WATCH R Sivanithy SINGAPORE Press Holdings has outperformed all recent expectations and yesterday the shares ended the day in the stock market at $35, an all-time closing high. For those who may not be aware of it, there is a cheaper way168 words
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Article, Illustration258 1999-12-08 6 Wong Wei Kong - HOT STOCK Ry Wong Wei Kong FRASER Neave shares bucked the trend and fell yesterday, as some investors took the decision to take profit ahead of major announcements by the group in the next few days. F&N shares ended down 5 cents or 0.7 per258 words
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Article135 1999-12-08 6 Singapore ♦6.90 am. Arthur Andersen seminar on the succession planning business and family wealth ♦11.30 am. Telstra launches the world's fastest portable satellite communication system In Asia ♦1.30pm. PSB launches new product certification scheme United States CMotpi 1.45pm. Federal Reserve Bank of Chicago president135 words
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Article, Illustration510 1999-12-08 6 larry wee - I :j comment CURRENCIES But the greenback sees weakness all round except against the yen larry wee THE euro staged an unexpectedly sharp rebound overnight against the US dollar and yen after testing sub-USsl levels for the third session in a row,510 words
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Advertisement133 1999-12-08 6 Start playing online now to win US$5,OOO in real stocks! Join the Singapore and Hong Kong stock markets' "Asia Investment Log on to www.boom.com/challenge today and find out if you Challenge s*"5*" using BOOM.COM's Internet trading technology, have what it takes to be a successful international investor! Second All game133 words
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Advertisement22 1999-12-08 6 Short of cash to invest? Triple your cash with our Margin financing 1 Call DBS Investor Online at 323-3955 today. gj[ )BSBANK22 words
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Advertisement150 1999-12-08 7 r Raffles Holdings Limited INITIAL PUBLIC OFFERING 300,000,000 New Shares at 550.85 each CLOSING 9 December 1999, 8:00 a.m. V Applications for Offer Shares may only be made by way of printed Application Forms or Electronic Applications as referred to in the Prospectus dated 1 December 1999. Applications for Placement150 words
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Advertisement129 1999-12-08 8 f If you want total control over your share trading or you want to trade regionally, there's a new website that has the power to WBE9A help you do just that. Introducing GohDirect, cutting-edge technology on the web to help investors trade stocks regionally, faster and more efficiently, any time,129 words
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Advertisement16 1999-12-08 8 Lost uour* A Try finding it at Classification 821 (Found) of cats. The Straits Times Classified,16 words
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Advertisement102 1999-12-08 9 t .;"V *1 -k'--': i#i sj -V.V- V ,-X-ff A < v- i&v.v* J .V'A*S. -A '-V *'&--J S- wS£:'S& V' V v v i". V i WW- f- c.; 'Mf|''!p|■Mw&m 7 v "v r r: > >•-/»•'•<<* v -yftrr.^?;l, -V£r- ■'■■.•>. > "Vfe "-vy v\.:' X 2 y- 'tfsm102 words
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SINGAPORE news
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Article, Illustration426 1999-12-08 10 Eugene Low - Proposal for S'pore, Japan pact will be brought up in meeting with Obnchi From Eugene Low in Tokyo PRIME Minister Goh Chok Tong met Japanese Finance Minister Kiichi Miyazawa in Tokyo yesterday to discuss the feasibility of establishing a free trade426 words
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Article, Illustration1239 1999-12-08 10 Senior Minister Lee Kuan Yew shares his thoughts on post-crisis Asia These are excerpts from Mr Lee's interview with the Los A ngeles Times Question: It wasn't too long ago that people were talking of the 21st century as the Asian1,239 words
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352 1999-12-08 11 Teh Hooi Ling - Purchase is company's third regional acquisition in as many months for total of SsB2om By Teh Hooi Ling SINGAPORE Power (SP) has made its third regional acquisition in as many months a 100 per cent stake in Samsung General Chemicals' (SGC) co-generation352 words
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Article362 1999-12-08 11 Toh Han Shih - iSteelAsia.com targets USssb annual sales in 2002 By 1 Toh Han Shih ASIA is trading steel over the Internet for the first time with iSteelAsia.com, an Internet portal targeting the region's multibillion dollar steel industry. iSteelAsia.com hopes to have US$5 billion (SsB.4 billion) of362 words
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Article, Illustration316 1999-12-08 11 Audrey Tan - 141=1 on the economy economic growth !ty. Audrey Tan SINGAPORE'S cyclical upswing is sustainable and economic growth of 6-7 per cent is achievable in 2000, says the Overseas Union Bank. Economists at the bank say that there is "plenty of momentum" to keep Singapore's economySource: OUB - 316 words
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Article, Illustration358 1999-12-08 11 Kalpana Rashiwala - Ftf exclusive The Novena site can be redeveloped into 100 apartments of 1,200 sq ft By] Kalpana Rashiwala WEE Cho Yaw continues to strengthen his hold in the Novena area. His privately held company Kheng Leong is closeCHRIS LOH - 358 words
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281 1999-12-08 11 CHESTERTON International is marketing a small 15,333 sq ft freehold plot of land at River Valley Road and is asking for $24.6 million. Including an estimated development charge of about $2.8 million, the land cost works out to $638 per sq ft of potential281 words
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321 1999-12-08 11 Chay Yee Meng - MAILTETTI Chay Yee Meng Chief Financial Officer Nat Steel Electronics Limited WE refer to the letter from Lewis Tan Kiat Hin (BT, Nov 30) and would like to clarify the facts on the various issues raised. We are in total agreement with321 words
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Article287 1999-12-08 11 Ho Eng Neo Singapore - Ho Eng Neo Singapore I READ the article "City Cab driver cheated maid" (BT, Dec 3). Until then, I had always thought that City Cab was the most efficient taxi service. I had booked a City Cab taxi to take my maid to the agent's287 words
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Article59 1999-12-08 11 Corrections clarifications IN our story yesterday, "Singaporean startups to get a boost in Silicon Valley", we reported that the National Science and Computer Board supported a plan by a group of entrepreneurs and high-tech investors to start a business incubator in the Valley. The correct name should be National Science59 words
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204 1999-12-08 11 THREE sub-committees have been formed to assist the National Digital Television Committee in the further development of digital TV in Singapore. This national committee is an industry-led group formed in September to advise the Singapore Broadcasting Authority (SBA) on development and204 words
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Advertisement308 1999-12-08 10 ,n x f>,R 'fc s||j3g •> SZSZi; V^ 1 V« /,/;invU'.W»i4>'/w<<»« >•> S a t V'"- r'* f v-i t t ":\n/<uv ??r/; S I i i' > v ■>! t£ E*" J'l grnSmm Mb--f m-K Wmi' [h"T- f|._ I1!L i, -<' n. 111 u •Ivl>. u AI i; vi;308 words
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Advertisement43 1999-12-08 10 I i THE WORLD'S LEADING v 1 OFFSHORE COMPANY AND TAX PLANNING SPECIALISTS "l. Incorporation Fees from USSSOO f BAHAMAS JERSEY W BRITISH VIRGIN MAURITIUS J ISLANDS m sey CHELLES JE» CAYMAN ISLANDS SAMOA j~ BELIZE definitive Offshore Companies Web Site at wwwooa^comj43 words
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Advertisement203 1999-12-08 11 a Y k A 111 I*l ll II I I I i i m B M Mil I 111 |i 1 B Xin's Millennium Countdown Party 31 Dec 1999 7pm to lam I Toast to 2000 with a bottle of extremely valuable, limited f edition Champagne Drappier "Cuvee Du Millenaire203 words
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EDITORIAL & opinion
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Article, Illustration682 1999-12-08 12 al labita - iTTT^ bottom line OPINION al labita The writer is BT's Manila correspondent ASEAN may be biting off more than it can chew in trying to fast-track globalisation of its sputtering member economies. It wants too much, too soon At its third informal682 words
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Article134 1999-12-08 12 The British population is now the most intensely surveilled in the world. The terrorist's loss of privacy is progressing to the ordinary citizen's.' Tony Geraghty author of 'The Irish War', on how the British use surveillance systems to trace suspected enemies of the state. The police have134 words
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Article642 1999-12-08 12 EDITORIAL BEYOND the recriminations, the failure of last week's world trade talks in Seattle will hit the very groups and countries that felt, in the immediate aftermath of the fiasco, a false sense of triumph. The message that was forgotten, amid all the noise, was642 words
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Article, Illustration1172 1999-12-08 12 Leon Hadar - Those who say he lost in Seattle underestimate US president's snperior political instincts By] Leon Hadar The writer is BT's Washington correspondent THE conventional wisdom is that the outcome of the World Trade Organization (WTO) ministerial meeting in Seattle, Washington, has been aFILE PHOTO - 1,172 words
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Article, Illustration930 1999-12-08 12 Past, present, fature ONE of the reasons the popular prognosticators of the past never got us right is because they tended to envision our lives as filled with the same things they already had, only better. They didn't conceive of computers or faxes; they thought about930 words
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MALAYSIA news
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103 1999-12-08 13 KUALA LUMPUR AFP MALAYSIA'S power giant Tenaga Nasional yesterday said all its systems were fully Y2K compliant for the transition to the new millennium. The final series of tests on Nov 27 indicated that all power stations, transmission and distribution systems wereAFP - 103 words
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MARKET moves
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149 1999-12-08 13 AFTER taking a beating because of new anti-gambling regulations, gaming counters Genting Berhad and Resorts World were higher yesterday on reports that sister company Star Cruises might be buying into NCL Holding, owner of Norwegian Cruise Line. Hongkong-listed Star Cruises is 27 per cent owned149 words
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Article124 1999-12-08 13 RECENT listings were among those heavily traded yesterday, with Malaysia Airports and property-based UDA Holdings finishing among the top 10 most active stocks. Malaysia Airports was higher by eight sen to RM3.10 with 7.7 million shares traded and UDA was up by 13 sen to RM1.82124 words
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Article95 1999-12-08 13 Diana Oon Abdullah - Compiled by! Diana Oon Abdullah POLITICALLY-related counters rebounded yesterday after losing ground on Monday, chalking up heavy volumes. Prices of Renong Berhad, MRCB, Pan Malaysian Industries and MUI Berhad all made gains yesterday. Renong was higher by three sen to RM2.04 with a volume of 3.5 million,95 words
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Article, Illustration496 1999-12-08 13 KUALA LUMPUR Monorail, bus companies finding it hard to repay RM&3b in debt Bloomberg RENONG Bhd, Malaysia's largest industrial group, is spearheading a plan to merge Kuala Lumpur's monorail and bus firms as they struggle to repay about 8.3 billion Malaysian ringgit (553.7Bloomberg; FILE PHOTO - 496 words
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Article201 1999-12-08 13 [KUALA LUMPUR] Key shareholder Malaysian Resources Corp Bhd (MRCB) is opposing RHB Bank Bhd's plan to merge with four other financial institutions, Bernama news agency quoted MRCB chairman Abdul Rahman Maidin as saying. As of end-Sept, MRCB holds a 22.69 per cent stake in Rashid201 words
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405 1999-12-08 13 Ruth Wong - KL BANK MERGERS Applicants inclnde RHB, Hong Leong, Arab-M'sian and EON banks Frrrm Ruth Wong in Kuala Lumpur MALAYSIA'S central bank has so far received five to six proposals for new merged banking groups ahead of the end-January deadline. Bank Negara governor Ali Abul405 words
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Article, Illustration567 1999-12-08 14 KUALA LUMPUR Gains in electronics pulled down by fall in mining output Bloomberg MALAYSIA'S industrial output fell more than expected in October from the previous month as a drop in mine output eclipsed gains by electronics manufacturers. Industrial output dropped 1.1 perBloomberg; FILE PHOTO - 567 words
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Article, Illustration159 1999-12-08 14 KUALA LUMPUR AFP MALAYSIAN oil company Petrol iam Nasional Bhd (Petronas) signed a pact yesterday with Brunei's SKBB Holdings Sdn Bhd to collaborate on petroleum and related businesses. The agreement would enable SKBB to import, store and sell Petronas petroleum products through retail stationsAFP - 159 words
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181 1999-12-08 14 NEW DELHI Bernama PERUSAHAN Otomobil Nasional Berhad (Proton) is likely to approach India's Foreign Investment Promotion Board (FIPB) in February for approval on its project to manufacture Proton cars in India, the Economic Times reported quoting sources. The Malaysian carmaker hadBernama - 181 words
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296 1999-12-08 14 KUALA LUMPUR THE KLSE Composite Index (CI) is about 35 per cent undervalued based on the earnings yield of the 100 component stocks, The Star reported yesterday, quoting stockbroking house KAF Seagroatt Campbell. The CI should be around 1,000 points currently, KAF said in296 words
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Advertisement150 1999-12-08 13 l I fcifl The BMW 5 Series originated from a single bright idea: to create the ideal enduring success is in offering a thrilling performance executive performance car. By all indications, it has been a great success. that continues to inspire demanding drivers the world In fact, its technological innovations150 words
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Advertisement111 1999-12-08 14 m Indosuez W.I. Carr Securities Technology Conference M m would like to extend a note of thanks to I The National Science and Technology Board 1 1 for its assistance to the success of the conference ft u and the following companies for their participation: I bex.com Pte Ltd m111 words
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Advertisement322 1999-12-08 15 I 3 M Bk. v m fl Bi jg/M HH9*** jfe V 11, IBM M £.VwTV<f f t •■> ai J I TKe road lo success isn't e a s H fiul noLody said it coulJn t be com for table. At Lexus, we realised long ago that the journey322 words
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SOUTH east asia
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Article, Illustration528 1999-12-08 16 JAKARTA It plans to list three firms on Nasdaq as part of proposal to reschedule debts Reuters THE head of Texmaco Group blamed "predators" for the scandal entangling his conglomerate but pledged to repay all the loans at the centre ofReuters - 528 words
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457 1999-12-08 16 JAKARTA Tariff will favour farmers, but will spark price rises, say traders Reuters INDONESIA'S rice market is nervously waiting for the government's final decision on an import tariff while players' reluctance to sell their stocks has triggered price hikes, traders said yesterday. AgricultureReuters - 457 words
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231 1999-12-08 16 JAKARTA Bloomberg A EUROPEAN Union (EU) boycott of Indonesian palm oil after 85,000 tonnes were found contaminated with diesel fuel in October is costing the country U5566.7 million (Ssll2 million) a month in lost exports. Asep Thoyib, the head of the joint marketingBloomberg - 231 words
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NOTE Book
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Article81 1999-12-08 16 AFP (JAKARTA) The Indonesian attorney-general s office has reopened an investigation into alleged corruption by former president Suharto as new evidence has been found, spokesman Suhandoyo said yesterday. When asked if Mr Suharto would soon be brought to trial, Mr Suhandoyo said: "It's still in theAFP - 81 words
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69 1999-12-08 16 AFP [MANILA! A twin-engine plane bound for the northern Philippines yeeterday went missing with 17 people on board, including a Japanese man and a British passport holder, officials said. Asian Spirit, a small domestic airline, said the Csech-made Let-flO aircraft left Manila early yesterdayAFP - 69 words
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64 1999-12-08 16 AFP [BANGKOK] Thai Petrochemical Industry, one of Thailand's biggest delinquent debtors, said it would raise about US$l billion (551.68 billion) by the end of2ooo spiling new shares. Thai Petrochem and more than 100 creditors are in to restructure about US$3.5 billion of delinquent debt.AFP - 64 words
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50 1999-12-08 16 Reuters [JAKARTA! Indonesia's director-general for taxes Ansari Ri tonga yesterday said he opposed plans announced by Investment Minister Laksamana Sukardi to offer tax holidays to encourage investment. "Our law does not recognise tax holidays. It's not in line with the law," he said. ReutersReuters - 50 words
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72 1999-12-08 16 Reuters [BANGKOK] The Thai cabinet yesterday approved a finance ministry proposal for state-owned Thai Airways International to tap local and foreign loans to finance aircraft purchases. Government spokesman Akapol Sorasuchart said the government agreed to let Thai Airways take out up to 10.5Reuters - 72 words
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Advertisement79 1999-12-08 16 Mike Wong, a Business Development I I I h Manager, is a busy executive who shuttles I I I^l from meeting to meeting every day. Built-in Answering Machine with ig Full Graphics Games to keep me entertained /.a.ting o r on the move And did you M GSM SGH 60079 words
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Advertisement364 1999-12-08 17 ■iiißliii™ A $61* rtjjk mIW^BWWHIIWWI^*iiIrffPWW V $itt .>k mfin»JiilinA»»z^Ag^liiii A i-t.s2d dm.k(i j f/VSI-6u $89 iokgm *5? ji 18K 6old Princess-0 85 ct MM—IM /> ,~v X $203 -»>, i' Wo»d $633 4T IWGOW i«Goid H/vsr-tG. 61 10X Gold IM6 $9158 >Hg 2-0.50 ct x; \jf v ■■■■■MM $148 v364 words
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EAST asia
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455 1999-12-08 18 HONGKONG It cites concerns over US balance of payments deficit, equity values FT HONGKONG, one of the world's largest holders of foreign exchange, has become a buyer of euros for its reserves despite the currency's slide in; foreign exchange markets. Joseph Yam.FT - 455 words
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Article, Illustration327 1999-12-08 18 HONGKONG Rating firm points to recovery, autonomy Bloomberg, Reuters HONGKONG'S "A" credit rating w£p affirmed by Standard Poor's and its outlook raised to stable from negative because of the city's economic recovery and confidence in itsfpolitical autonomy from China. Hongkong's rating is able toBloomberg,; Reuters - 327 words
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449 1999-12-08 18 BEIJING Outcome of row will affect venture capitalists in Chinese start-ups FT CONTROVERSY has erupted between different branches of China's government over the approval process for an increasing number of private Chinese companies that wish to list on foreign stock exchanges. The outcomeFT - 449 words
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117 1999-12-08 18 HONGKONG Reuters PIRACY buster Business Software Alliance (BSA) yesterday said that software piracy in Hongkong offices remained a serious problem and warned that it could derail the territory's aims of developing a high-technology hub. Hongkong's overall piracy rate, at 59 per cent,Reuters - 117 words
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Page 18 Advertisements
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Advertisement179 1999-12-08 18 Cut the queue this Christmas! Shop at the HP Online Store jWy 4 It 4 To celebrate this Christmas, HP Online Store has made your Christmas shopping even more convenient for you and your loved ones. fJust click! And we'll do everything from Free gift wraps, Christmas cards and we179 words
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Advertisement67 1999-12-08 18 2 1/2 level Penthouse with 10,400 sq. ft. Bungalow in the air 7 En suite bedrooms with attached barth rooms Extremely huge living/dining entertainment area In-house swimming pool 180" sea (a city view The one and only in Singapore cut above the rest For viewing and presentation, Please Call Sole-Marketing67 words
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Page 19 Advertisements
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Advertisement162 1999-12-08 19 flv I fi k I i 'One Day'...has arrived. Once accessible only to multinational corporations managed and customised in new ways. services. So now, your business can rely on a single source j./*/^^^ and cash-rich entrepreneurs, global business opportunities If access to the global stage is one of your company's162 words
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SOUTH asia
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320 1999-12-08 20 NEW DELHI New law will allow foreigners to own up to 26% of insurers Bloomberg INDIA'S lawmakers have passed a landmark bill to allow foreign companies and domestic private businessmen into the country's US$B billion (5513.5 billion) insurance industry. Lawmakers in theBloomberg - 320 words
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345 1999-12-08 20 KARACHI Move could thwart talks to resolve row over high power tariffs: analysts Bloomberg, Reuters HUB Power Co, Pakistan's biggest private power producer, is being further probed by the government, and the move could scupper ongoing talks between the two to resolve a disputeBloomberg,; Reuters - 345 words
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Article, Illustration85 1999-12-08 20 [DHAKA] Schoolgirls carrying Bengali and English characters during a march yesterday through the streets of Dhaka. Tens of thousands ofpeople joined the march led by Bangladesh Prime Minister Sheikh Hasina Wajed to celebrate the recognition of Feb 21,1952 as the "International Mother Language Day", by Unesco (UnitedAFP - 85 words
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265 1999-12-08 20 BANGALORE Reuters FIVE more Indian information technology companies are set to list on the US Nasdaq stock exchange next year, a leading industry official said on Monday, the Press Trust of India (PTI) reported. "Five infotech companies are goingReuters - 265 words
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Page 20 Advertisements
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Advertisement288 1999-12-08 20 CHUAN SOON HUAT INDUSTRIAL GROUP LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT CHUAN SOON HUAT INDUSTRIAL GROUP LIMITED (THE "COMPANY") OFFER FOR SALE BY THE DEVELOPMENT BANK OF SINGAPORE LTD OF 41,000,000 WARRANTS ("WARRANTS") TO SUBSCRIBE FOR 41,000,000 NEW ORDINARY SHARES OF $0.10 EACH IN THE CAPITAL OF THE288 words
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WORLD news
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532 1999-12-08 21 WASHINGTON Court finding could open software giant to damaging civil lawsuits Reuters A FEDERAL judge's finding that Microsoft Corp used its monopoly power to punish competitors puts new pressure on the software giant to settle the US government's anti-trust case or face theReuters - 532 words
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Article441 1999-12-08 21 NEW YORK Strong economies, Net push spending above forecast Reuters STRONGER-than-expected economies worldwide and a surge in business from Internet companies boosted advertising spending above forecasts this year, and it is on track for further gains next year, two leading media experts said onReuters - 441 words
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179 1999-12-08 21 ■LONDON Reuters THREE national telecoms firms are joining with Lon-don-based brokerage company Tullet Tokyo to launch an electronic exchange in cross-border telephone calls, reports said here yesterday. The exchange, Tirex, will be jointly owned by Tullet Tokyo, the Australian telecoms leaderReuters - 179 words
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Article, Illustration557 1999-12-08 21 PEOPLE NYT, Bloomberg DOUG is gone. Long live Doug. And don't confuse the two. Douglas Ivester and Douglas Daft the outgoing and incoming chief executives of Coca-Cola respectively share a name and have worked together closely during their combined 50 years at theNYT,; Bloomberg; FILE PHOTO - 557 words
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606 1999-12-08 22 WASHINGTON Figures seen blunting threat from inflation, reducing risk of Fed rate hike Bloomberg US worker productivity rose in the third quarter at the fastest pace in seven years and labour costs fell for the firstBloomberg - 606 words
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276 1999-12-08 22 WASHINGTON He says reliability of the figures has helped boost growth AFX-Asia FEDERAL Reserve board chairman Alan Greenspan said the lack of political influence on the collection and reporting of US GDP data by the Commerce Department has helped boost the US GrowthAFX-Asia - 276 words
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Article, Illustration371 1999-12-08 22 TOKYO AFP JAPANESE authorities insisted yesterday that they were guiding the world's second biggest economy to recovery, despite gloomy figures which showed a contraction in the three months to September. Economic Planning Agency (EPA) director general Taichi Sakaiya said authorities were sticking to theAFP - 371 words
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Article, Illustration314 1999-12-08 22 SEOUL Bloomberg SOUTH Korea said it's leasing land for free to certain overseas electronics, telecommunications and computerrelated companies, in a move to lure more foreign investment into the country. Commerce, Industry and Energy Minister Chung Duck Koo said the governmentBloomberg - 314 words
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Article192 1999-12-08 22 WASHINGTON AFP THE US Federal Reserve Bank on Monday approved the repurchase of Republic New York by HSBC. The Fed imposed no conditions on its approval, saying the buy-back would not create a dominant position for the bank on the New York market. RepublicAFP - 192 words
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Article, Illustration671 1999-12-08 25 SINGAPORE Korea has world's highest proportion of online stock trades; deregulated fees will boost growth Reuters CYBERSPACE trading isn't yet a tradition in Asia, where phone lines, let alone personal computers, are in short supply in some countries. But there are signs onlineReuters; FILE PHOTO - 671 words
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358 1999-12-08 25 NEW YORK Companies foresee little Y2K disruption; ready to roll out new investments poll NYT WITH several weeks to go before Year 2000 computer problems are most likely to be widely apparent, some pollsters and survey takers are already beginning to ask,NYT - 358 words
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Page 21 Advertisements
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Advertisement148 1999-12-08 21 jit~J|qu >-<*-$) [i •> fl R G S 0 s Also fl Home Imagine being able to, quite literally, stroll down to the beach at the end of your working day. You can at Mandarin Gardens, Singapore's only full service apartments by the sea. Apartments range from one bedroom to148 words
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Advertisement71 1999-12-08 21 I B_ Jfl Wjm m 49B£^*bTL' II You never 1 U U PATEK PHILIPPE GENEVE actually own a Patek Philippe. You merely look after it gij3*T^^|9H Begin your own tradition. Annual Calendar-ref. 5035 The Houk Glass M quality time SINGAPORE THE HOUR GLASS Takaahimaya SC. W: 734 2420 Scom S.C.W:71 words
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Page 22 Advertisements
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Advertisement243 1999-12-08 22 I <g| SQfifinnri Qll. Jtl r INTELLECTUAL CAPITAL THE FUTURE (An Exclusive Seminar for CEOs, General Managers, Human Resources Managers, Finance Managers and other top level management team) In 1998, Mr Edvinsson won the prestigious Brain of the Year award in competition with the likes of Bill Gates and Paul243 words
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Advertisement411 1999-12-08 22 I mi ■ifum MAYFRAN INTERNATIONAL LTD 9 (Incorporated in the Republic of Singapore) ANNOUNCEMENT RENOUNCEABLE RIGHTS ISSUE ("RIGHTS ISSUE") OF 130,000,000 NEW ORDINARY SHARES OF $0.15 EACH ("RIGHTS SHARES") WITH 16,250,000 DETACHABLE WARRANTS ("WARRANTS") TO SUBSCRIBE FOR NEW ORDINARY SHARES OF $0.15 EACH IN THE CAPITAL OF MAYFRAN INTERNATIONAL LTD411 words
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Page 23 Advertisements
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Advertisement145 1999-12-08 23 A Member of American International Group, Inc. Little wonder, AIA is Singapore's first and only insurance company conferred with the People Developer Award by Singapore Productivity and Standards Board. We are honoured to receive this mark of distinction. At AIA, we consistently set higher standards for ourselves. Always eager to145 words
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Page 24 Advertisements
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Advertisement3937 1999-12-08 24 W THE INDUSTRIAL BANK OF JAPAN, LIMITED Head Office's Address: 3-3. Marunouchi 1-chome. Chiyoda-ku, Tokyo 100, Japan BALANCE SHEET FOR THE YEAR ENDED MARCH 1999 NON-CONSOLIDATED BALANCE SHEETS I NON-CONSOLIDATED STATEMENTS OF INCOME NON-CONSOLIOATED STATEMENTS OF SHAREHOLDERS' EOUITY (in millions of yen) (in millions of yen) (in millions of yen)3,937 words
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Advertisement400 1999-12-08 24 IN THE MATTER OF THE COMPANIES ACT, CAP. S» Pursuant to Section 2WX2t<b> AIZON PTE LTD (In Members' Voluntary Winding-Up) At an Extraordinary General Meeting of the above named Company duly convened and held on 29 November 1999 the following resolutions wen: duly passed: AS SPECIAL RESOLUTIONS: 1. THAT die400 words
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Page 25 Advertisements
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Advertisement460 1999-12-08 25 24 DAYS NOTICE OF COURT MEETING IN THE HIC H COLRT Of THE REPVBUC Of SINGAPORE Originating Summons No. 1864 of 1999 la die Matter of GoMtron limited (R£ No. *****02 ME) And In the Matter of The Companies Act, Chapter 50 (Revised Edition 1994) SUPPLEMENTAL SCHEME Of ARRANGEMENT aider460 words
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Advertisement260 1999-12-08 25 P US$lOO,OOO invested now with John X vj Hancock Life Assurance Company at 6% p.a. would accumulate to nearly U*****,000 in 5 years time. Guaranteed and tax-free.* ■JgeSr II ij The minimum premium amount eligible for Ik F John Hancock's US$ Guaranteed Growth benehcury uss GUARANTEED GROWTH BOND Name I260 words
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FINANCE & commodities
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231 1999-12-08 26 Daphne Tay, Jardine Fleming - SGZ Derivatives TnMo&Reports MSCI Singapore Index Daphne Tay, Jardine Fleming EXUBERANCE reigned in the Singapore stock market yesterday. Providing the fuel was the mighty fund-buying of blue chips and finance issues, leading the benchmark Straits Times Index to its second straight record close. Viewed231 words
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Article152 1999-12-08 26 Matthew DenBleyker Refco Singapore - MSCI Taiwan futures Matthew DenBleyker Refco Singapore THE SGX MSCI Taiwan Stock Index Futures yesterday slid 3.8 points, or 1.05 per cent, to 356.8 after reaching an intraday high of 362.5. Several large-capitalisa-tion shares were sold by investors who switched to more popular high-tech152 words
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258 1999-12-08 26 ENERGY REPORT Reuters [LONDON] Buoyant oil prices paused near nine-year highs yesterday as traders waited eagerly for clear signs of how long Iraq's export stoppage might last. Benchmark Brent futures for January delivery were 18 US cents lower at U5525.61Reuters - 258 words
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Article336 1999-12-08 26 Reuters London EUROPE'S single currency rallied to two-week peaks of US$l.O3 yesterday on new evidence of the strength of German economic recovery but swiftly fell back as traders leapt to lock in profits. A 29.000 drop in Germany's jobless in November was more than four times larger thanReuters - 336 words
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Article, Illustration1251 1999-12-08 26 PITERBAirg CROSS RATES Dec7 AS C$ Bwt Euro Ffr Dm HK$ tnd Is Ihalah Yw Won m N2$ m> S$ Band Sfr MT$ Mrt Pomt US$ Australia 0.936 6.178 0.631 4.140 1235 4.917 27.465 45.698 0.646 7.274 2.404 1.254 32.792 Z5.850 1.066 3.901 0.990 20.044 24.628 0.391 0.635 Canada 1.0701,251 words
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Article1908 1999-12-08 26 SICOM FUTURES Dec 7 RUBBER (futures closing n *15.30pm) RSS1 CONTRACTS centsAq) Close Volume Open Mocth Hlqh Low Sett (tonnes) Interest Jan 00 H3.50 Feb 00 115.00 100 Mar 00 118.00 100 Apr/Jun 00 124.00 RSS 3 CONTRACT (US MiitsA?) Volume Open Month High Low Sett (tonnes) Interest Jan 001,908 words
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STOCKS east asia
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Article, Illustration2831 1999-12-08 27 Reuters n Hang Seng -95JS3 HONGKONG stocks closed lower yesterday as profittaking trimmed the Hang Seng Index one day after it closed at its highest level since the start of the Asian financial crisis. The blue-chip index closed down 95.53 points, or 0.59 per cent,Reuters - 2,831 words
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Article, Illustration995 1999-12-08 27 Reuters ffl Shenzhen B Index -0.55 SHENZHEN'S B shares ended lower in sluggish trade yesterday, with concerns about the profit prospects of most B share companies continuing to nudge buyers away. The B share index slipped 0.55 point, or 0.67 per cent, to 81.18 on turnover of HK$17 millionReuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 995 words
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Article351 1999-12-08 27 AFP □wp Index -87.41 TAIWAN share prices closed 0.9 per cent lower yesterday in lacklustre trading due to a lack of confidence in the market, dealers said. The Taiwan Stock Exchange Weighted Price Index fell 67.41 points to 7,827.05 on turnover of NT$115.19 billion. Falls led rises 343 toAFP - 351 words
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1950 1999-12-08 27 TOKYO AFP Q Nikkei 225 +86.76 SHARE prices in Tokyo closed 0.5 per cent higher yesterday, with investors chasing export issues and technology shares, brokers said. "There is no change in the market's trend of weighing high-tech and information technology issues heavily," Okasan Securities chiefAFP - 1,950 words
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Page 27 Advertisements
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STOCKS klse
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Article8125 1999-12-08 28 INDUSTRIALS Consumer products 1999 Last Vol Day Net Cap Hign Low Company Sal* 'OOO High Low Pit $"rtl 440 255 Ajtnomoto 300 19.0 jg-* 174 46 Angkasa 87 unch 9 87 86 128.3 404 220 Apollo Food Hlg 320 "JO 294 115 Berjaya Land 159 3 54 160 158 5.18,125 words
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Article, Illustration436 1999-12-08 28 AFX-Asia Q Composite Index +£84 MALAYSIAN share prices closed higher yesterday in modest trade on a technical rebound after days of sustained losses, dealers said. Genting Bhd and Resorts World Bhd also staged a recovery after both stocks came under pressure over concerns thatAFX-Asia - 436 words
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Page 28 Advertisements
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Advertisement33 1999-12-08 28 \PO. Shares.^onds^Stocks. Annual Reports. Whatever you're offerinq, we help you reach out to 86.7% of all adults in Singapore daily. The Straits Times The Business Times Lianhe Zaobao Berita Harian Tamil Murasu 1800-741-188333 words
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SGX clob & regional stocks
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Article2881 1999-12-08 29 BONDS WARRAHTS rn •n*» u f n •> Ljll »et 8e» L«ll»wN '1 5j" C fJJ] iS» U- -T-T Ml M# la> Mte "fee «—•.>■*• (%>«•—* l« 104 10.5 1 3160 "Acer ******1 USS -40 4 40 J 32 "o 300 194 3 48 2 80 14.5 s 3164 Acma2,881 words
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Article, Illustration787 1999-12-08 29 AFP Dl SET M« -fts4 THAI share prices closed down 0.1 per cent yesterday in thin trade, with some selective buying in telecommunications stocks, dealers said. A recovery in PTT Exploration and Production's share prices after it announced a gas find in the Gulf of Thailand helped sustain theAFP - 787 words
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Article278 1999-12-08 29 AFP n Manila +LGB PHILIPPINE share prices closed slightly higher yesterday due to last-minute bar-gain-hunting, analysts said. The Philippine Stock Exchange Composite Index rose 1.68 points to close at 1,942.62. Volume totalled 19.3 billion shares valued at 3.08 billion pesos. —AFP Ok 7 Pasa COOO) MRCAMed 0.70 -0.02 390AFP - 278 words
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Article, Illustration708 1999-12-08 29 AFX-Asia CI Composite Index -174 INDONESIAN share prices closed lower yesterday with investors taking profits on PT Telekomunikasi Indonesia after reports that the government wants to sell a majority stake in state-run telecommunications firms, dealers said. The Jakarta Stock Exchange Composite Index closed down 2.74 points, or 0.4 perAFX-Asia - 708 words
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Article275 1999-12-08 29 AFP 1 Wellington -20.35 SEVERAL leading stocks were thumped in New Zealand trading yesterday as the market slid 0.9 per cent, surrendering almost all of Monday's gains. The NZSE-40 Capital Index closed down 20.35 points at 2,126.54 on turnover worth NZ599.4 million.—AFP Ok 7 COOC) Advantage HOS 3.50 0.07AFP - 275 words
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Article588 1999-12-08 29 AFP n All Ordinaries -27.4 AUSTRALIAN shares feU 0.9 per cent yesterday amid heavy profit-taking that dashed hopes of a record day's trading, brokers said. The All Ordinaries Index finished the day near its lows, down 27.4 points at 3,105.90. The All Industrials Index fell 48.7 points to 5,399.70AFP - 588 words
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Article307 1999-12-08 29 AFP U Composite Index +LBl THE Korea Stock Exchange Composite Index yesterday closed up 1.81 points at 999.92. Volume was 282.8 million shares worth 4.9 trillion won. Ok 7 Arum $mi UtOO -1150 Bratn TKfi W5S -155 Ctntrjl Bank 2410 -220 ChMConxn *****0 5500 OMCuBank 3210 -320 OMungCorp 3440AFP - 307 words
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Page 29 Advertisements
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Advertisement72 1999-12-08 29 Daniel Jeanßichard Commemorative stamp (1941) This superb creation bears the Daniel Jeanßichard signature and is H paying homage to Daniel v- distinguished by the originality of its strong, smooth lines. Housing an automatic celebrated chronograph movement, the curved stainless steel is water-resistant to Cortina Watch Centre LUCKY PLAZA #01-32 Tel:72 words
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Article8914 1999-12-08 30 MAIM BOARD Transaction date: Dec 7 Gr Or M Wt 52-wk Last Vol Oay Lilt Ouote Dt* Dtv YM Net Cap Avg wm> L— »m> Cww SaK COOO) High Lew »wr CMr W* r,c MULTI-INDUSTRY 182 17.5 m c 1000 Acma 50c 113 »3 245 113 110 1138,914 words
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Page 30 Advertisements
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Advertisement9 1999-12-08 30 THE BEST ■■y IMPORTANT PREPARATION t/ian B KNOWLEDGE TOMORROV^9 words
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Page 31 Advertisements
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Advertisement721 1999-12-08 31 \in i J! 1 Diners Club Credit Card WllCrC tO Wine, dine dnd entertSlll*## v.UP InternationaT -Offering the lowest interest rate in town jgjjjj 290 4545 Savour the distinctive mix of and tastes of Singapore. Feast on the exciting spread of local dishes we have for you such as Nasi721 words
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Advertisement168 1999-12-08 31 Win movie tickets or a host of other attractive movie premiums and Sir Thomas Lipton products during High Tea at The Mezzanine Cafe Bar from now until 31 December 1999. Noon to spm (last order) daily Reservations: 831 6286 333 Orcturd Road. Singapore *****7. :.TT ~M: 737 4411 fax; 732168 words
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Page 31 Miscellaneous
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Miscellaneous971 1999-12-08 31 I lie DUbiilcob I lilicS, WcUiicoUdy, ucuciiiuoi w, I 111 I I II im t wTTgr^. 9.30 News 5 Tonight. Head Father. News. Premier© 12 10.00 ER: The Storm. 5.10 Healthy Eating. 12.45 PMInfoTVI. —I 3.00 PM TV Innovations. U.OO NYPD Blue: Mister SUM Orange Road. LOO Bisnes Malaysia. 4.00971 words
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Miscellaneous209 1999-12-08 31 CRYPTIC CROSSWORD ACROSS 4 Engineers present, say, try again 1 It won't bring one straight to the ppftfl 5 Attempt by orchestra all togeth--5 Material wealth only? (8) 9 What fishermen do to make a 6 Place river to start one s jourwide search (4,3,3) 10 All over the Channel209 words
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Page 32 Advertisements
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Advertisement83 1999-12-08 32 mm Pacific I ntemetlEa ~j JJ r j -J -I -1 r< 1 V P V --Ir- j I —s~ f-1 j r~ j j Best Internet Service Provider YOU world-class YOU 24 hours a day TOLL-FREE YOU rewards YOU Millennium Manager I YOU regional offices I J IntennPt Serxice83 words
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SHIPPING TIMES
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Article300 1999-12-08 33 Bridge News, Reuters THE dry cargo freight market got off to its customary slow start to the week with few fresh identifiable trends, brokers said. Capesize activity was limited and there was a possibility that rates might decline in the short-term, while panamax conditions were generally quiet, theyBridge News,; Reuters - 300 words
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Article281 1999-12-08 33 »K7 8 W CWT Distribution 1.27 0.04 19 ChuanHup 0.40 unch 3696 Cosco Mwstmant—1.20 0.02 Z70 FraMit Unto OJO 0.01 421 GB Holdings 0.91 0.01 IS HM Sun Hup 0.72 0.03 109 IMC HoMngs-HK 5.60 unci) 0 Jay* Holdings 119 0.02 459 Jurong Shipyard 8.05 -0.15 134 K«ppll281 words
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Article, Illustration538 1999-12-08 33 Proposal could move Genting into lucrative American cruise business Bloomberg [OSLO] NCL Holding, the Norwegian owner of the world's No 4 cruise operator Norwegian Cruise Line, said yesterday that it has held talks with Malaysian-owned Star Cruises on a possible partnership.Bloomberg; FILE PHOTO - 538 words
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740 1999-12-08 33 Seafarer - STRAIT TALK By\ Seafarer IT is safe to say many shipowners have been less than enthusiastic about the International Safety Management Code (ISM). Some even went to considerable lengths to make sure their vessels were designated "general cargo ships" rather740 words
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226 1999-12-08 33 [SINGAPORE] Asian shipowners said last week that a proposal by the International Maritime Organisation (IMO) for ships to be fitted with "black boxes" similar to those found on aircraft would not help prevent accidents. The 6th meeting of the Asian Shipowners Forum (ASF) Safe Navigation226 words
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326 1999-12-08 33 Boost in orders helped by weaker won against yen Bloomberg [SEOUL] South Korean shipbuilding orders more than tripled in November from a year earlier, as a weaker won helped boost Korean companies' competitiveness against Japanese rivals. Hyundai Heavy Industries Co, the world's largest shipbuilder,Bloomberg - 326 words
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LOGISTICS news
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Article, Illustration440 1999-12-08 34 HK's long-haul carrier will form a new HK-based cargo hub with DHL Worldwide Express Bloomberg [HONGKONG] CATHAY Pacific Airways, Hongkong's only longhaul carrier, has said that it will team up with DHL Worldwide Express, a closely held delivery service company, to form a new Hong-kong-based cargoBloomberg; FILE PHOTO - 440 words
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251 1999-12-08 34 Bloomberg (TOKYO] Nippon Express said it will launch a new, more efficient delivery system in January that will allow it to cut prices by up to 20 per cent. The company, which transports materials and goods mainly between corporate clients, said itBloomberg - 251 words
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Article305 1999-12-08 34 PACE ECt 4 AMI 3 ECU line 6 Accord 8 En fl lM ,3 Ahrenkiel 14 ESP lines 13 Appenship 5 6 Asia OCL 13 foonqSun 8 Austral 8 n s Avant 14 L nk B'taoq Mas 8 Gem4f1rans 6 BSA j Genshpg 13 BTl 14 G,0,>al305 words
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Article19803 1999-12-08 41 THEBUSINESSTIMES EXPORT ETA CTA Advertiser Vessel Voyage Telepnone I ETA ETA Advertiser Vessel Voyage Telephone E SIN Dest n Name Name Number Number I SIN Desfn Name Name Number Numbe' l>—l'' 7-Srfv I I 26/12 23/01 CCNI P&ONLL SINGAPORE 9603E 65 *****33 2! To ABIDJAN (ABJ) 2003 Cote19,803 words
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SHIPS IN PORT
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Article657 1999-12-08 46 Vessel Voy No Berth Arrival Departure Jurom) Port Bt R Indahl ***** JOI 07/12/8:05 07/12/17:00 Daiho 21 ***** J02 07/12/7:30 08/12/8:00 Bt Hertina G 010EC-99 JOI 07/12/9:05 07/12/16:00 MarcopoM 48 PWK028 JI6 07/12/9:30 08/12/3:00 langmas 3 20/99 J02 07/12/9:50 07/12/2200 Perita Intan JAN 99 J03 07/12/9:10 07/12/23:00 Bt657 words
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Article1953 1999-12-08 46 RECEIVING OF EXPORT FCl CONTAINERS AMD LCL CARGO Booking/Balance Rstls Ship Voy No Etb/Btr Period From To From ACHIEVER 701 7/21:00 M 04/1400 06/1659 04/1900 2A 04/1700 07/0459 07/0900 API INOONCSI 0701 WflO 1 M/HM M/H59 04/1900 2* 04/1700 07/0459 07/0900 21 04/1700 07/0459 07/0900 J 07/0700 07/m»1,953 words
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Article218 1999-12-08 46 Dec 8 Italy: Immaculate Conception. Deo 9 Brunei: First Day of Fasting. Dec 23 Japan: Emperor's Birthday. Dec 25 Italy: Christmas Day. Brunei: Christmas Day. Australia: Christmas Day. Belgium: Christmas Day. Canada: Christmas Day. Denmark: Christmas Day. France: Christmas Day. Germany: Christmas Day. Hong Kong: Christmas Day. Indonesia:218 words
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Article794 1999-12-08 46 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 mar ket. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change794 words
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Article474 1999-12-08 46 Carbon 180 Mu 992.1 0.9 18.1 0.11 79 0.09 Ok 2 Density Wrttf IrsMut Ask Aluminium Sediment No tboi* E25 5 0 16 1 0 0 2222 380 Ave 982.6 0.4 12.4 0.06 29 0.02 l„„ 380 Mil 990.8 14 15.3 0.12 67 0.04 M/iri »m/m474 words
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AIR & LAND transport
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Article, Illustration512 1999-12-08 47 AIRLINE SAFETY Lawsuit filed in Delaware last week accuses Boeing of negligence Reuters [WILMINGTON, Delaware] Boeing Co, the world's largest aerospace company, was accused of negligence by the spouses of two women who were among 104 people killed in 1997 when aReuters - 512 words
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339 1999-12-08 47 Boeing's advice follows discovery of heat-damaged wires in Alaska Airlines Bloomberg [SEATTLE] Boeing Co, the world's biggest aircraft maker, said it's telling airlines to check for wiring faults in old-er-model 737 jetliners after one of the planes was forced to turn around lastBloomberg - 339 words
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208 1999-12-08 47 Bloomberg [CANBERRA] Australia's government granted foreign investment approval for Virgin Holdings pic to establish a new domestic low-fare airline, Virgin Australia. London-based Virgin said on Nov 28 it would set up a service to rival the duopoly now held by Qantas Airways Ltd,Bloomberg - 208 words
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Article, Illustration638 1999-12-08 47 NYT [MIAMI] Sabre Tech Inc, the aircraft maintenance company that safety investigators concluded had improperly packaged the oxygen generators linked to the 1996 crash of ValuJet Airlines Flight 592, was found guilty on Monday in a subdued federal courtroom of improperlyNYT; FILE PHOTO - 638 words
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Article1774 1999-12-08 47 CITY FUCHT CTA FlIGHT ETO n ft, ,1ft ma FukuoU S0989 1750 $0990 0125 LH6381 1905 G«M«zhoa SO803 1910 CZ3S2 0835 $0230 1905 C23S1 2045 S0804 1015 kmttrfm KL0843 0525 KL0838 2335 Htmi VN741 1310 VW***** 0905 GA975 1210 AJM328 2345 S0VK176 1035 KL0637 1535 S03281,774 words
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Page 33 Advertisements
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Advertisement212 1999-12-08 33 Cathay-DHL tie-up Hongkong's long-haul carrier to form new HK-based cargo hub with DHL Worldwide Express pag*2 Airline safety Spouses of two Silk Air crash victims sue Boeing. Contractor found guilty in trial on ValuJet crash. Boeing tells airlines to inspect wiring on 737s pag# 15 We are an international IT212 words
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Advertisement1212 1999-12-08 34 I NORTH AMERICA I I EXPORT I I OTHER DESTINATIONS I 1 SBX-BUPCR SHUTTLE EXPRESS-DffIECT TO LO»K* BEACH II WEST COAST OF CENTRAL AMERICA (MARQARtTA SERVICE) VBSI VOT TEST ***** UMBKMt HOUSIQW ""f HWTOH MfUCOOTT VtSSa VOT Tw" PT.OMnZAt AfIUUWA SAW LOtBBO (OBWTO PT (AtBBA WBUVBWA SAUU(MH motSMiamu iaSi ot/u1,212 words
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Advertisement704 1999-12-08 34 Lines services represented /iJnsrai\ Members 01 ,he R«g»&y o< J.fj Accredited Shipping Agents. Spore National Shipping Assoc Members ot the Singapore Freight Forwarders Association ULY UNE MALE VESSEL VOY ETA TIU Tlw P. KLANC SPORE MALE Princess Lily V 1199 17/12 19/12 26/12 Empress Uly VOlOO 03/01 05/01 16/01 Princess704 words
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Page 35 Advertisements
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Advertisement1097 1999-12-08 35 TO EUROPE FROM EUROPE Ivtssa VOY SH RTM ANR HAM WV SOU FXT UH I [vKSB WTWWHMIHiOUmia APIAIMAMOME 312W 09/12 01/01 29/12 30/12 27/12 NOLAMAZOMH 025E 20/11 17/11 It/11 IS/11 09/12 HAAS S33W 10/12 24/12 2S/12 31/12 HYGWBAI 3211 11/11 20/11 23/11 17/11 11/12 MX CYPtNK 01SW 13/12 30/12 01/011,097 words
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Advertisement2033 1999-12-08 35 ®HANJIN SHIPPING ilk F1 t tfe(WroL» -Sato *****30 HAJLHN SHIPPING (SI PTE LTD h» KKKWG ********** SAI£S *****74 731 MOMEM *****71 7/4 OfHATIOIIS *****50 7SI IMH LHK 777/05S W 777*40 JWO DS34T3OOOOM TO NW USA A CANADA USA CANADA* R* VSL/VOY MM SM UNEHALA/VOY SEA TTW DtJN POI ol MSP2,033 words
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Advertisement391 1999-12-08 35 FULLY CONTAINIRI SID DIDICATID SIRVICIS m TT «r m m wT m ®a »i sin Ire vssa w sw jn vcsa w_ jm —m— wrr —sm—Htt_ jb_ _u» i__ m UIUM Its IQ/1J ]lylJ oiom m os/i? 07/n iw «/ii 12/11 14/1? It/i? w? jftßS -fa*- ij>jj|i7/i? aqamu* oitt ivi?391 words
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Advertisement1678 1999-12-08 36 DSR-SENATOR LINES TO UK/CONTINENT TO MmJfiUJtRANEANOANADA Vtssa VOT T»r" LEH »T» Wl HOI W» (U VtSSiL «>* SW GIT IK HIS W.C MTW PUNJAB SENATOR 001OW OJI2 1112 20 12 21 12 23 12 24 12 25 12 CAUFOMM StNATOfI D939W (212 1» 12 2112 al2 25 12 0101 HANJM1,678 words
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Advertisement1063 1999-12-08 36 am MAfi-MELS S'POftE M'SIA I Carrier. MN CONTR UNES, INC P. GUOANG: (07) *****28 I l-|V"/\** J CM NOc **********0 C SIBU: (064)*****9 MANILA: (632)*****24 V PENANG: (04) *****36 BANGKOK: (662) *****57 SURABAYA: (31) *****11 P. KELANG: (03) *****77 JKT: (21) *****45 KUCHWG (062) *****1-3 MANILA HO CHI MINH MV1,063 words
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Advertisement648 1999-12-08 36 EXPRESS CONTAINER FEEDER FOR N.SHEVA/COLOMBO VMMI S PORE N SHEVA COLOMBO P KLANG TARPON SILVER V IMW It DEC 23 OEC OEC 31 DEC TULSIOAS VllB 21 DEC 31 DEC 02 JAN *7 JAN CAPE CANAVERAL V 11CW 27 DEC K JAN It JAN 14 JAN TARPON SILVER V 109W648 words
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Advertisement1843 1999-12-08 37 VESSEL VQY KHM HKG SIN PKG PQfl DXB DMM IBA BIK IRAN BATTARI PCL-131 01/12 03/12 07/12 08/12 17/12 18/12 19/12 21/12 23/12 IRAN BAAKERI PCL-132 08/12 10/12 14/12 18/12 24/12 28/12 28/12 28/12 30/12 IRAN TEYFOIIRI PCL-133 18/12 17/12 21/12 22/12 31/12 01/01 02/01 04/01 08/01 IRANSHAHRYAR PCL-134 22/121,843 words
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Advertisement996 1999-12-08 37 20 KC *9 EYiVY MONDAY 1 TO lOMDEAOI -19 DATS I TO OAKLAND 21 DAYS J I ?AX*i G Jm»i. S 2S A 2fi k #0 ROIINSOM ID TEL 226 1900 PAX: *****08 OUTWARD (l/l) *****02 JOHORE OFFICE; I SAIiS/IKGS *****57/43 INWARD DEPT (D/ 0) *****65 COSTAft AGENCIES (M) SDN996 words
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Advertisement925 1999-12-08 37 EUROPE EXPRESS SCTVICE EXPORT I IMPORT KCBTM CAKOiS TO t BO* 11 MEMO. NHKOUtt* MOSCOW ST PFTBSOHK VIA NAN 2) ANIYRP VIA On TRANSPACIFIC SERVICE EXPORT -wuKmNKa/i2-ooMBNOiT/soN-wanMMßiooirnAMK2vii| IMPORT VBSO VOT UN ui OAK VOT LGB OA* r~m Ota 00* J2/12 ;30/12 04/01 HJ COLOMBO fO34W 22/11 14/11 KJnJMG OIK 10/12925 words
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Advertisement1427 1999-12-08 38 EUROPEAJK/SCANDINAVIA/FIMLAND/RUSSIA rSGTI ROM ANW HBG THP ZEE LHV LHV THP RDM ANW HBG P*l I SGP E DEVELOP RW-009 11/12 2W12 01/01 30/12 03/U1 01/01 05/01 E REWARD RE 036 18/11 20/11 10/11 21/11 23/11 12/12 13/12 E DECENT RW-012 10/12 6WI 12/01 08/V1 10/01 11/01 12/01 E. REFINE RE-0231,427 words
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Advertisement907 1999-12-08 38 PACIFIC INTERNATIONAL UNES (PTE) LTD A 140 Cecil Street, #03-00 PIL BuMing, Singapore *****0. CR NO: **********06 I I [rasa VOT mlsw m srp nw» w «wcMl I lUNGATHATAI2 48S 10/11 I 12/12 23/1? 21/12 2/1 i/1 9/1 I iun6a TttAfii i m u'm i*7TT- h'm 1/1 7/1 ii/i ntzr907 words
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Advertisement455 1999-12-08 38 SO TELOK BLAMGAH ROAD *02-02 CmPOffT CENTRE S PORE *****1 TEL: *****11 (6 lines) FAX: *****05 TLX: RS ***** CR NO. **********0W VESSEL VOY ETA ETD DESTINATION ILMAMItI 14A9 17/12A9 IM2« MALAYSIAN PORTPONTIANAK MABUKWA 43*9 17/1219 PKL. BAUM/MUNTOft •MBUKWA 4449 2512.99 26,12« BALAIMNUNTOK For enqemet and bookings please contact SEASPACE455 words
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Advertisement404 1999-12-08 39 BSfl i. 9^^V r MYANMA ■BBk FIVE STAR LINE (Myaiinar National Line) Loading for Yangon (Rangoon) VESSEL VOT SM PKL KN PGU MONGU TOW SID MAWIAMYINE 07W 14/12 RUUATSIA AGENTS: OOUSTEAO SHIPPING AGENCKS KUL TIL (03)*****00 PKL TEL (03) *****01 PEN: TEL (04)*****02 PGU: TEL (07) *****21/4 Ml BANK LINE404 words
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Advertisement1257 1999-12-08 39 HAfAT^ HYUNDAI MERCHANT MARINE CO., LTD. < vKsa vor IB" 1 sou um "rim ant "haw" wn ~hT~ vesa wr sou ih w mt w w n. w_ APIAiMANDM 312W 0»/12 27/12 01/01 »/11 10/12 UU* S3OI l»/ll JO/11 14/11 U/ll W/12 MAAS S33W 10/12 11/12 01/01 24/12 21/12 NOLAMAZOWH1,257 words
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Advertisement1205 1999-12-08 39 WALLENIUS WILHELMSEN TO NORTH AND LATIN AMERICA 'CAR RORO HEAVYUFT SERVICE' I VESSEL VOY RAMP HEIGHT SIN I LAX CRL MIA SAV BAI OCF NYC WW MM TOBA AMI 1 4001 MS 6.3 M 13/12 09/01 11/01 21/01 23/01 2S/01 26/01 2S/01 01/02 07/02 TARONGA AHOOI 400 Ton 6.3 M1,205 words
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Advertisement1791 1999-12-08 40 INDONESIA NATIONAL LINE TO AUSTRALIA 1 RJLL CONTEMNER 3BHVICC va wt m an mm m stp m m m arwomy m is/ii »i/ii tf/n i»/i» Ji/it •nanum ie" n/u Ai/it«/»i 5/»i~ lASUGAI "ST »/ll W/»l w/»1 11/« l 14/11 BOWBW 14/lt 14/>l it/11 U/H H/ll FEEDER SERVICE TO INDONESIA Wl1,791 words
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Advertisement50 1999-12-08 41 FAR EAST EUROPE I Direct Breakbulk/Container/LCL Service to i Manila/Guam/Saipan FAR EAST-USA Agents: V-Grow Shipping Pte Ltd See Page 7 Daily FULL CONTAINER EXPRESS SERVICE Wallenius T Wilhelmsen Turn To Pg 5 New Europe To rB MIDDLE EAST I S.E. ASIA service China Shipping (S) Agencies Pte Ltd p 750 words
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Advertisement48 1999-12-08 43 (Retrieve more schedules!) ST|K| Press "1" .JCV Select the port and key in STmCj the four digit code eg: To New York (NYC) 2275 s t£> Key in your fax number I your phone number Another innovative service offered by The document Will be SHIPPING TIMES JfcJ tEJSgS,.48 words
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Page 44 Advertisements
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Advertisement749 1999-12-08 44 SSAMUDERA SHIPPING LINE LTD 72 Am mm Road, #06-01 to 03, Singapore *****1 MAIN UNf/OUTWAID: 532 3iU INWARD (DID): 437 23M IMPORT STATUS (D»k 437 2371 INVtNTOtY (DID): 437 2420 Wobslto http://www.MMiwdoro.(oMi CI MO. **********0 D BOOKINGS UNE: 535 6266 (Celio/Jcs»ko/M>i Chon/Jeslynn/Dorg/Hanirn) JIM3MBMSM 8 SLGS/WEEKLY l:i!l!H.H. I .WM!I«M 3 SIGS/WEEKLY749 words
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Advertisement788 1999-12-08 44 SIN TO SRI LANKA, INDIA, CANADA, US/EC/GULF, MEXICO I PM I M 1 *T 1 SUP I »ltt I POG 1 CM! 1 >Q« HAL I NYL I 0«f SAV NEW TAN HOU hoegh minerva /mm— ja/il J2ZIL iiZIL jizil oz/oi 02/01 u/oi iy/<n u/o? u/02 11/02 22/02 urn o»/o3788 words
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Advertisement193 1999-12-08 44 FOUR Tims/ WIIK SAILINGS: P. GUPAWG/SINGAPORE SOUTH BOUND ffgfl I I r9xm bmusimh ?ws «/i?ma) w/i?nnu) fluumi W4SS W/l?flWI) MUHI— BiAIASIMi IQ/l?tBll 11/l?Bffl KUtUSIWI *?47S 12/1? (SUM) IVI? (MOW) nullum y?4ts ~ia/i?iMon: BIMA9MI WWS ~Tyi?(W)) It/1?(1HU) WORTH BOUND ffgfl I w sw imm Bi*usm» rim w/i?(thui w/i?gwT nuiium f?4s> IC193 words
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Advertisement542 1999-12-08 44 hjSn ENG LEE SHIPPING CO PTE lID I M: *****75 (4 Um| hi: S3MMI/S3IMM I I T dteimtMiim I VESSEI VOY SMEU SMETD DESTINATION UwnSw32 9/99 07/12 08/12 Suratoyc Gondii 111 10/99 08/12 10/12 Mule BuanoAtadt 14/99 09/12 10/12 DMM^ham|/IMIB UnooSttM 8/99 10/12 10/12 Jatuvic fonDwo 15/99 11/12 11/12 Dumoi/Buo*»i/P542 words
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Advertisement640 1999-12-08 45 SIN I TIGER RHYTHM 754N 13-1&12 21 22/12 I TIGER BRIDGE 756N 11-12/12 16-19/12 24-25/12 I I CAPE SORRELL 757N 1415/12 19-23/12 28-29/12 I I TIGER ISLAND 758N 17-18/12 23-26/12 31-01/01 I I TIGER RHYTHM 759N 21-22/12 26-30/12 04 05/01 I I TIGER BRIDGE 760N 24-25/12 30-02/01 06-07/01 I I640 words
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Advertisement828 1999-12-08 45 FREIGHT LINKS EXPRESS Tel: *****11 Fax: *****77 E-mail: Flesin@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 LINE: 1800-*****66 FOR BOOKING PROJECT SHIPMENT HEAVYUFT828 words
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Advertisement1270 1999-12-08 45 For boakkg ternary cat *****80 Q Website: Irttp: //www.ttd.cw V!/ f ■own—tt-m '«WH sw a* KM m HOU wc HOU CM LGI vr OtfSDEN FOTfSS 52H159 in ?4/l? w\ 30/1? 30/1? Iff *****2 ivl! il£! Jmi !m! OOQIAMN3KSSI IVI? 31/1? 05/01 o*/DI Okfll OVOI S^i MYKCASTOIISKS? 22/1? 07/01 12/01 13/011,270 words
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Advertisement43 1999-12-08 46 oh n i II C N wjm,,,j,,,,n =p P h ill 'th .E^ 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 service offered by I ThkHisini-xsTimkn Snim.\<;TiMKS43 words
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Advertisement42 1999-12-08 47 i AHOY! Europe. Sailing schedules from Amsterdam to Zurich. 2 4 hours a day in the Shipping Guide Fax-On-Demand hotline 740 6000. Another inn© v a t iv e sc r v ice o ffe r c d by Tiiil:imm>sTimi:s SHIPPING TIMES42 words
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Advertisement582 1999-12-08 48 *r_ I r v«Pr w—• >■ J E-"; j mm >' r I T > IB*lists' Container merged mth to form Bremerhaven poised to proflt considerably in the new millennium I fSSS&Im& BLC Holding is aiming to develop into a logistics group that includes the setting-up of several specialized subsidiaries582 words
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