5May

The News Review:

- Burma: Death toll could reach 10000
- The Registry Collection program adds IFA Hotels and Resorts’…
- Myanmar cyclone kills 10000 in just one town
- fficial media: 10000 dead in 1 town from Myanmar cyclone
- Rising Son

Burma: Death toll could reach 10000
USA Today – May 5, 2008
system is making the necessary preparations to provide what is needed. Neighboring Thailand announced it would fly the first batch of aid Tuesday. The diplomats were told Thailand would provide nine tons of supplies. At a highly unusual White House news conference first lady Laura Bush said the U. government “stands prepared to provide an assistance team and much-needed supplies to Burma as soon as the Burmese government accepts our offer… “These were the old trees that had been standing for 100 years” he said. The ceiling in the hotel collapsed and overhead electrical lines came down rback said. Radio television cellphones and land lines didn’t work. When rback emerged from the building in the morning he said he was struck by what he didn’t see. “There were no authorities no police no military” he said. “I thought they would be very present because they are present otherwise.

The Registry Collection program adds IFA Hotels and Resorts’…
ameinfo.com – May 5, 2008
‘The agreement signed during the Arabian Hotel Investment Conference in Dubai is a first of its kind Vacation Club that encompasses a wide variety of shared ownership and leisure real estate products being sold by IFA. There will be a world class hotel on most of the developments creating the ultimate vacation experience for the buyers. Piaras Moriarty VP Vacation wnership IFA Hotels & Resorts said that the choice was clear when it came to branding and managing such a global all-encompassing leisure product: ‘We picked The Registry Collection as it is a great wraparound for the IFA Collection that needs a brand of extremely high quality to match the IFA Collection. ‘IFA Collection members will also benefit from a wide range of concierge and travel services and exclusive IFA benefits.

Myanmar cyclone kills 10000 in just one town
Houston Chronicle – May 5, 2008
ffice for the Coordination of Humanitarian Affairs. The diplomats said they were told Myanmar also known as Burma welcomed international humanitarian aid including urgently needed roofing materials medicine water purifying tablets and mosquito nets. The first 10-ton shipment was scheduled to arrive from Thailand on Tuesday. The appeal for outside assistance was unusual for Myanmar’s ruling generals who have long been suspicious of international organizations and closely controlled their activities. Several agencies including the International Red Cross and Doctors Without Borders have limited their presence as a consequence. Allowing any major influx of foreigners could carry risks for the military injecting unwanted outside influence and giving the aid givers rather than the junta credit for a recovery. However keeping out international aid would focus blame squarely on the military should it fail to restore peoples’ livelihoods… “We heard the big bangs and then I looked out on the balcony I couldn’t stand there but I saw things coming down from the roof. Trees were falling which have stood there for a long time” said Sweden’s former integration minister Jens rback who was in the city when the cyclone hit. “And in our hotel the ceiling came in with glass and the lights and it turned black” he told AP Television News. Yangon where officials said 59 people died was without electricity except where gas-fed generators were available and residents lined up to buy candles at double last week’s prices. With pumps not working most homes were without water forcing families to stand in long lines for drinking water and bath in the city’s lakes. “nce the storm subsided people were walking out to assess the damage and were shocked at everything around them” said Pamela Sitko communication relief manager for the Asia-Pacific region for the aid agency World Vision. “ne 11-year-old boy said he had to run backwards to take shelter in a school during the storm because the wind was so strong.

fficial media: 10000 dead in 1 town from Myanmar cyclone
FXNews – May 5, 2008
ffice for the Coordination of Humanitarian Affairs. The diplomats said they were told Myanmar also known as Burma welcomed international humanitarian aid including urgently needed roofing materials medicine water purifying tablets and mosquito nets. The first 10-ton shipment was scheduled to arrive from Thailand on Tuesday. The appeal for outside assistance was unusual for Myanmar’s ruling generals who have long been suspicious of international organizations and closely controlled their activities. Several agencies including the International Red Cross and Doctors Without Borders have limited their presence as a consequence. Allowing any major influx of foreigners could carry risks for the military injecting unwanted outside influence and giving the aid givers rather than the junta credit for a recovery. However keeping out international aid would focus blame squarely on the military should it fail to restore peoples’ livelihoods… “We heard the big bangs and then I looked out on the balcony I couldn’t stand there but I saw things coming down from the roof. Trees were falling which have stood there for a long time” said Sweden’s former integration minister Jens rback who was in the city when the cyclone hit. “And in our hotel the ceiling came in with glass and the lights and it turned black” he told AP Television News. Yangon where officials said 59 people died was without electricity except where gas-fed generators were available and residents lined up to buy candles at double last week’s prices. With pumps not working most homes were without water forcing families to stand in long lines for drinking water and bath in the city’s lakes. “nce the storm subsided people were walking out to assess the damage and were shocked at everything around them” said Pamela Sitko communication relief manager for the Asia-Pacific region for the aid agency World Vision. “ne 11-year-old boy said he had to run backwards to take shelter in a school during the storm because the wind was so strong.

Rising Son
Forbes – May 5, 2008
In its heyday in the 1980s and early 1990s the company was the toast of the town. The Hopewell Centre opened in 1980 and was then Hong Kong’s tallest building at 64 floors. And the 1026-room Panda Hotel opened in the New Territories in 1992 as Hong Kong’s largest hotel. At the same time Hopewell was quick to march into the mainland through China’s “open door policy” building power stations and toll roads in anticipation of the country’s supersize boom. The share price hit $6. 73 in 1994 then skidded for the rest of the decade collapsing to a low of 28 cents in 2000 as the Asian economic crisis took a huge toll. The epicenter was Bangkok where Hopewell was building an elevated highway and light rail line to the airport and a commuter rail line… The government changed and the contract was canceled. Hopewell was also building a power station in Indonesia another casualty of the crisis and between the two projects Hopewell lost $8 billion. “In Thailand we had ten prime ministers and nine ministers of transportation in the 10 or 12 years we were involved” says Thomas Wu. “So there was no continuity in the leadership and they didn’t have their hearts in the right places. Hopewell is finally bouncing back. The stock reached $5. 17 a share last September and recently was trading at $3.

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