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SINGAPORE, Nov 1 Asia Pulse - Highlights of today's newspapers:
THE BUSINESS TIMES:
- Petrochemical products manufacturers here are feeling the squeeze from rising crude oil prices, leaving many players with little choice but to raise prices.
- For the world's leading sports brands, Asia used to spell cheap production - or, to detractors, sweatshop ops.
- Major transpacific container carriers have signalled their intent to hike freight rates by as much as US$430 per 40-foot container boxes next year, based on what they say are escalating operating costs from the ongoing US west coast port and inland gridlock.
- Cisco, the US networking giant, looks set to clinch a deal with a Singapore telecoms operator which will see the company supplying its Internet-based telephones for services which the telco would offer to enterprise customers.
THE STRAITS TIMES:
Source: HighBeam Research, SINGAPORE NEWSPAPER HIGHLIGHTS - NOV 1, 2004.