PRIVATISATION PROVES TO BE GORDIAN KNOT FOR MANILA TRUST
10 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official…
Read more
CHINA DISCUSSING SIX LOANS WITH ASIAN DEVELOPMENT BANK
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – China is negotiating with the Manila-based Asian Development Bank for…
PHILIPPINE AIR LOSS SAID TO THREATEN PRIVATISATION
27 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 27, Reuter – Philippine Airlines Inc’s loss in the 1987/88 fiscal year may…
THE BHAJAN BLUDGEON
The Sprawling city that Charles-Edouard le Corbusier had designed for bureaucrats and retired people looked like an army encampment girding up for an enemy onslaught.…
The Enemy Within
Iran’s much-vaunted Islamic revolution appears to have finally spilled over into India. Chanting Allah-o- Akbar and wielding primitive weapons like lathis bristling with nails, bicycle…
TAKEN FOR A RIDE
No point of no return was so final as the one Charan Singh and Devi La1 reached on July 21. The crusty Jat leaders have…
HOLLOWING OUT
Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…
SELL SELL SELL
Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs); and…