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…
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Interview- India’s Sinha wants to go for growth
2 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 2 (Reuters) – India’s Finance Minister Yashwant Sinha put up a spirited…
Interview- India targets not just “hope and prayer”
3 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 3 (Reuters) – India’s fiscal targets for the current year are not…
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 Rainmaker
The Mac II, launched on March 2. 1987, cost $5.500 and was the first computer with a colour graphical interface. Three years earlier Apple had…
Philippine Military Details Foreign Aid for Communist Rebels
24 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 24, Reuter – Private groups in Australia and West Europe are supplying Philippine…
Manila Rates Rise as Pressure Grows on PESO
1 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 1 – Short-term interest rates have shot up in the Philippines as the…
Lean on Me
The US economy needs India more than ever, says Chaitanya Kalbag. Barack Obama had barely walked out of Parliament’s Central Hall when the debate began…
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 2.11 trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs);…