Master of his Game
It’s hard to be a couch potato in India because (a) most homes have stiff, unyielding sofas; (b) it’s not easy to set yourself up…
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MANILA PHONE LOAN MARKS MAJOR CREDITOR INITIATIVE
15 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 15, Reuter – A 288 million dollar syndicated loan for the Philippines Long…
Interview of Kumar Mangalam Birla
Few of us know that KUMAR MANGALAM BIRLA, Chairman of the Aditya Birla Group, produced the critically acclaimed Hindi movie Black. Or that he has…
LETTER FROM THE EDITOR
NEWS does not have to scream from the headlines to be news. In fact, it is probably one of the failings of the media that…
MANILA OUTLINES 1988 BORROWING, BUDGET PLANS
7 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 7 – The Philippine government will issue treasury bills and notes totalling 29.8…
VIOLENT PHILIPPINE POLLS SEEN MARKING RETURN OF OLD POLITICS
17 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 17, Reuter – Monday’s local elections are billed as President Corazon Aquino’s last…
PHILIPPINES MUST NOW FOCUS ON ECONOMY, ANALYSTS SAY
19 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 19, Reuter – The Philippines has emerged from a tumultuous year with democracy…
Philippine economy needs steady hand to keep recovery from going stagnant
20 January 1988 The Globe and Mail B24 English All material copyright Thomson Canada Limited or its licensors. All rights reserved. The Philippines has experienced…
ENVOY SAYS U.S. TO MAINTAIN STRONG ROLE IN PHILIPPINE ECONOMY
22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22, Reuter – The United States is committed to helping the Philippines achieve…
MANILA CHARGES USDA DELAYING SUGAR RE-EXPORT PLAN
22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22 – Sugar industry officials said the Philippines might not be able to…
DEVELOPING NATIONS URGED TO EASE INVESTMENT BARS
25 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 25 – Developing nations are more likely to attract foreign investment by easing…
JAPANESE COMPANIES STEP UP ASIA-PACIFIC INVESTMENT
27 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 27 – The yen’s rapid appreciation has led many Japanese companies to step…
MANILA FINANCE MINISTER SEES U.S. BASES AS DEBT LEVER
1 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 1, Reuter – The Philippines is exploring ways of reducing its massive foreign…
U.S. IN QUANDARY OVER MANILA SUGAR RE-EXPORT PLAN
8 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 8 – U.S. Agriculture Secretary Richard Lyng is in a quandary over a…
PHILIPPINES BIT PLAYER IN DEBT REFORM – FERNANDEZ
19 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 19 – The Philippines’ 27.8 billion dollar foreign debt makes it a bit…
PHILIPPINES’ 1989 BUDGET SET AT 190 BILLION PESOS
8 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 8, Reuter – The Philippines will have a 1989 deficit of 28.5 billion…
FEWER SIESTAS, LEANER STAFF BOOST MANILA TAX REVENUES
9 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 9, Reuter – Fewer staff members taking fewer siestas may help the Philippines…
MANILA SPECULATORS PLAY ROULETTE WITH OIL STOCKS
18 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 18, Reuter – Volatile penny oil stocks have raised trading on Manila’s two…
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…
PHILIPPINE BANKS HEALTHIER, SEEK LOWER COSTS
25 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 25, Reuter – Philippine banks have largely recovered from years of crisis, but…
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…
PHILIPPINE GNP SEEN GROWING 6.1 PCT IN 1988
4 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 4, Reuter – The Philippines’ gross national product (GNP) is expected to expand…
BUSINESSMEN LASH OUT AT MANILA DEBT/EQUITY PROGRAM
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – Filipino and foreign businessmen have launched a sharp attack on…
JAPAN STRUGGLES TO USE ADB TO RECYCLE SURPLUSES
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – Japan’s attempt to use the Asian Development Bank (ADB) to…
MANILA’S DEBATED LAND REFORM PLEDGED 66 MLN DLRS
26 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 26, Reuter – The Philippines has received pledges of aid totalling 66 million…
SUITABLE CHINESE PROJECTS HARD TO FIND — ADB HEAD
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – The Asian Development Bank (ADB) has found it difficult to…
TAIWAN SAYS ROW OVER NAME CHANGE CONTINUES WITH ADB
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – Taipei has ended a two-year boycott of the Asian Development…
AQUINO SAYS ADB LEADERSHIP SHOULD REMAIN ASIAN
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – The Asian Development Bank’s annual meeting opened with a call…
USSR SAYS ADB MEMBERSHIP WOULD AID RESTRUCTURING
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – The Soviet Union’s interest in joining the Asian Development Bank…
TAIWAN CONTINUES PROTEST OVER NAME CHANGE AT ADB MEETING
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – Taiwan delegates to the Asian Development Bank’s annual meeting continued…
AFGHANISTAN ASKS FOR AID TO REPAIR ECONOMY
30 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 30, Reuter – Afghanistan appealed on Saturday for the Asian Development Bank to…
INDIA LIBERALISING AT OWN PACE, MINISTER SAYS
1 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 1, Reuter – India is loosening controls on industry, investment and imports but…
DESPITE FEUD, SAN MIGUEL RIDES HIGH ON BEER BOOM
9 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 9, Reuter – Thirsty Filipinos drank nearly a billion liters of San Miguel…
Interview- Mercedes-Benz bullish on India Market
1 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 1 (Reuters) – Mercedes-Benz India Ltd is bullish about the Indian car…
Hosokawa has final fleeting moment among blossoms
20 April 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, April 20 (Reuter) – “Blossoms in the air; unable to stay longer; and still…
BankAmerica committed to India wholesale banking
10 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 10 (Reuters) – BankAmerica Corp will sell its retail banking business in…
FOREIGN MEDIA PAID FOR PHILIPPINE ATTACKS – EX-DEFENCE CHIEF
17 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 17, Reuter – Former Defence Minister Juan Ponce Enrile said on Tuesday that…
U.S. BASES IN PHILIPPINES STIR UP WAR OF WORDS
13 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 13, Reuter – The U.S. bases in the Philippines have sparked a superpower…
PHILIPPINES NEEDS U.S. AID PACKAGE NOW, MINISTER SAYS
17 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 17, Reuter – The Philippines needs a U.S. – sponsored multi-billion dollar aid…
PHILIPPINE ECONOMY MAY OVERHEAT – CENTRAL BANKER
18 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 18, Reuter – The Philippine economy is growing strongly in real terms but…
ASIAN RICE SUPPLY PLAGUED BY SHORTAGES, SOARING PRICES
24 May 1988 Reuters News English (c) 1988 Reuters Limited LOS BANOS, Philippines, May 24, Reuter – Asia’s rice producers, reeling from the effects of…
PHILIPPINES TO MAKE PAINFUL ECONOMIC ADJUSTMENTS
25 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 25, Reuter – The Philippine economy is growing strongly well into the third…
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…
JAYME SAYS NO MAGIC FIX FOR PHILIPPINE DEBT
31 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 31, Reuter – There are no magical solutions to the Philippines’ heavy foreign…
TO PAY OR NOT TO PAY – THE PHILIPPINES’ DEBT DEBATE
5 June 1988 Reuters News English (c) 1988 Reuters Limited MANILA, June 5, Reuter – To pay or not — that is the question facing…
Philippine debate over debt payments alarms foreign banks
6 June 1988 The Toronto Star FIN B4 English Copyright (c) 1988 The Toronto Star MANILA, Philippines — “No one‘s talking new money, so we…
PHILIPPINE OFFICIALS LEAVE ANTI-NUCLEAR ISSUE TO AQUINO
19 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 19, Reuter – Philippine officials said on Tuesday that It was up to…
PHILIPPINES WELCOMES U.S. SUGAR QUOTA INCREASE
26 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 26, Reuter – The Philippines welcomes a decision by the U.S. Department of…
AQUINO, SECURE IN POWER, PUTS ON BRASS KNUCKLES
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – Philippine President Corazon Aquino, secure in power near the end…
MANILA SAID SEEKING BANKS’ AID ON 1989 FINANCE GAP
3 August 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Aug 3, Reuter – The Philippines has told its commercial bank creditors they must…
INTERVIEW-Philips India not slim enough, says MD
29 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 29 (Reuters) – Consumer electronics firm Philips India Ltd has shed nearly…
INDIA LOOKING TO SUBSTANTIAL AID FROM IMF, DONORS, OFFICIAL SAYS
27 August 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuter – India hopes to receive substantial financial aid from a consortium of donors…
ASIAN STOCK MARKETS HUNT FOR INCENTIVES, DOLLAR WEAKENS VS MARK
17 September 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuter – Most Asian stock markets, casting around for fresh stimulus, weakened on Tuesday…
INDIA WILL ASK IMF FOR MORE FUNDS – MINISTER
13 April 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Reuters – India intends to ask the International Monetary Fund (IMF) for more contingency…
JAPAN APPROVES $87 MILLION SPENDING PLAN
29 August 1992 Los Angeles Daily News Valley B2 English (Copyright 1992) The Japanese government Friday approved an $87 billion spending package – the nation’s…
Asia satellite TV successes prompt local response
28 December 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Dec 28, Reuter – Satellite and cable television is approaching rice status as a…
Satellite TV no pie in the sky in Asian megamarket
28 December 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Dec 28, Reuter – Satellite and cable television is approaching the status of rice…
The awesome explosion of Asia’s airwaves As viewers tune in to the cornucopia, some governments worry about foreign encroachment
29 December 1992 The Globe and Mail C3 English All material copyright Thomson Canada Limited or its licensors. All rights reserved. Tokyo SATELLITE and cable…
Satellite and cable TV catching on fast in Asia
4 January 1993 Straits Times English (c) 1993 Singapore Press Holdings Limited Some govts feel threatened by foreign encroachment on airwaves TOKYO – Satellite and…
Pound crashes in Tokyo, Asian stocks mixed
1 February 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Feb 1, Reuter – Currency speculators who sparked a fresh crisis in the European…
Japan breathes easier on yen but danger lurks
20 August 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Aug 20 (Reuter) – The Japanese government heaved a sigh of relief on Friday…
INTERVIEW-Thai exchange sees 50 pct hike in market cap in 2002
19 March 2002 Reuters News English (c) 2002 Reuters Limited BANGKOK, March 19 (Reuters) – The head of Thailand’s stock exchange, one of the best…
Interview- Thailand sees growth over three pct
20 March 2002 Reuters News English (c) 2002 Reuters Limited BANGKOK, March 20 (Reuters) – Thailand will see growth of at least three percent this…
Japan’s economy sinks deeper into mire
14 September 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Sept 14 (Reuter) – Japan’s sickly economy has been contracting as its stubborn trade…
Japan drags itself towards an open rice market
13 December 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Dec 13 (Reuter) – Japan’s Chief Cabinet Secretary Masayoshi Takemura said Tokyo had every intention…
Japan opposition leader said ready to press PM bid
15 April 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, April 15 (Reuter) – A leading opposition politician is preparing to revolt against his…
INTERVIEW-UPDATE 2-S.Korea buoyed by new N.Korea talks stance.
27 May 2003 Reuters News English (c) 2003 Reuters Limited SEOUL, May 27 (Reuters) – South Korea is encouraged by North Korea’s softer stance…
India aims to give 6 pct of people phones by 2000
21 September 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, Sept 21 (Reuter) – India’s new telecommunications policy will open the domestic market to…
Wrapup 1- China undecided on another bank bailout
12 September 2003 Reuters News English (c) 2003 Reuters Limited BEIJING, Sept 12 (Reuters) – China has not ruled out another big bailout of…
INTERVIEW-China bank watchdog upbeat on foreign players.
12 September 2003 Reuters News English (c) 2003 Reuters Limited BEIJING, Sept 12 (Reuters) – China’s new banking regulator said on Friday foreign banks…
Taiwan seeks banking concessions from China
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – Taiwan will permit its banks to do business in China…
Taiwan blames China over name change controversy
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – China is to blame for growing frustrations in Taiwan that…
INTERVIEW-Taiwan says it still has upper hand over China.
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – Taiwan still holds the upper hand against China in trade…
INTERVIEW-Washington’s Taiwan envoy bemoans rigid China.
16 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 16 (Reuters) – Douglas Paal, Washington’s unofficial ambassador to Taipei, must choose…
WRAPUP 1-INTERVIEW-S.Korea’s Roh says North threat is bluster.
17 October 2003 Reuters News English (c) 2003 Reuters Limited SEOUL, Oct 17 (Reuters) – South Korean President Roh Moo-hyun dismissed North Korea’s threat to…
INTERVIEW-India’s Tata bets on global market for growth.
9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – India’s largest truck and bus maker Tata, riding a dramatic…
INTERVIEW-Hindalco eyes expansion, acquisitions for growth.
9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – Hindalco Industries, a leading Indian maker of non-ferrous metals, aims…
INTERVIEW-India hopes to cut oil imports with new discoveries.
11 December 2003 Reuters News English (c) 2003 Reuters Limited NEW DELHI, Dec 11 (Reuters) – India hopes to reduce its dependence on imported…
Sri Lanka’s garment makers want trade, not aid
9 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 9 (Reuters) – The only problem Sri Lanka’s intrepid garment makers faced after…
RBI will not allow rupee volatility – Chidambaram.
29 August 1997 14:33 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 29 (Reuter) – Indian Finance Minister P. Chidambaram said the rupee’s…
INTERVIEW-ADB chief not pessimistic over Yamaichi
24 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 24 (Reuters) – The collapse of Yamaichi Securities could signal the end…
ASIA 2020 – Malthusian meltdown? The odds are even
27 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 27 (Reuters) – “May you be the mother of a hundred sons.”…
Woollen blankets, used clothing clog Sri Lanka aid pipeline.
8 January 2005 Reuters News English (c) 2005 Reuters Limited SAMMANTHURAI, Sri Lanka, Jan 8 (Reuters) – Sitting cross-legged on the cramped, bucking floor…
ANALYSIS-Sri Lanka’s economy does not take tsunami lying down
7 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 7 (Reuters) – More than 30,000 Sri Lankans lost their lives when the…
Sri Lankan chronicle of deaths unforetold.
5 January 2005 Reuters News English (c) 2005 Reuters Limited TANGALLA, Sri Lanka, Jan 5 (Reuters) – From a few hundred feet up, with…
Sri Lanka tsunami aid becomes geopolitical game
3 January 2005 20:17 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 3 (Reuters) – Sri Lanka’s tsunami devastation has drawn a huge International…
Malaysia says has dismantled Islamic terror cells
21 June 2005 20:30 Reuters News English (c) 2005 Reuters Limited KUALA LUMPUR, June 21 (Reuters) – Malaysia declared victory on Tuesday in its internal…
India’s Infosys set to launch ADRs
3 December 1997 22:32 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Dec 3 (Reuters) – Software firm Infosys Technologies Ltd is poised to…
Malaysia says foreign planes may help hunt pirates
21 June 2005 21:10 Reuters News English (c) 2005 Reuters Limited KUALA LUMPUR, June 21 (Reuters) – Malaysia proposed on Tuesday that foreign surveillance planes…
Losing Voice
English with an American accent, there were jokes about being the “51st US state”, the US military had a huge presence, and the economy was…
Superhero Dreams
Song sung blue Everybody knows one Song sung blue Every garden grows one If you are of a certain vintage, you will have been moved…
New Business Families
The day this issue of Business Today went to press, IBM Corporation completed one hundred years. What started as the Computing- Tabulating-Recording Company, manufacturing computing scales,…
BHUTAN — REMOTE LAND STRIVES TO PRESERVE IDENTITY
REUTERS 8 September 1985 The Seattle Times Sunday J11 English (Copyright 1985) THIMPHU, Bhutan_ ‘‘ Do not give pens, sweets or medicine to villagers,” warns…
Indian unrest fans fears of mass exodus
Reuter News Agency 9 March 1986 The Toronto Star Sun H3 English Copyright (c) 1986 The Toronto Star SRINAGAR, INDIA — “The large-scale arson, pillage,…
AQUINO IGNORES COUP WARNING TO VISIT REBEL ISLAND
Reuter 19 January 1987 Sydeney Morning Hearaid 6 English Copyright of John Fairfax Group Pty Ltd MANILA, Sunday: President Corazon Aquino flew to the violence-racked…
Shine On, You Crazy Diamonds
I remember back in the 1970s, when a new India was just over a quarter of a century old, Geoffrey Moorhouse, in his foreword to…
CHRIST AND COMMUNISM MAKE EXPLOSIVE MIX IN PHILIPPINES
REUTERS 16 April 1987 The Seattle times Third B7 (Copyright 1987) MANILA _ Weeks of fierce fighting between government troops and communist insurgents have highlighted…
Pressure to Act Soon / Land Reform Issue Splits Aquino Aides
21 May 1987 The San Francisco Chronicle THREE STAR 27 English Copyright 1987 Manila President Corazon Aquino’s ambitious plan to distribute land to more than…
PHILIPPINE NATIONAL OIL HEAD OPPOSES PRIVATISATION
1 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 1 – The head of Philippine National Oil Co said the proposed privatisation…
PHILIPPINE COCONUT CHIEF TO LOBBY AGAINST EC TAX
1 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 1 – Philippine Coconut Authority (PCA) chairman Jose Romero said he would visit…
PHILIPPINE CENTRAL BANK CHIEF SEES HEALTHY GROWTH IN 1987
2 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 2, Reuter – The Philippine economy’s impressive growth in this year’s first quarter…
PHILIPPINES REVISES REFORM PLAN, PUTS OFF LAND DISTRIBUTION
3 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 3, Reuter – The latest draft of the Philippines’ ambitious land reform program…
JAPAN PLEDGES MORE ECONOMIC AID FOR THE PHILIPPINES
3 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 3, Reuter – Japan will expand its assistance to the Philippines and encourage…
PHILIPPINE INTEREST PAYMENTS SEEN RISING
8 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 5 – The Philippines’ interest payments on its foreign debt will increase by…
MANILA BANK CLOSURE EXPOSES STRAINS IN PHILIPPINE SYSTEM
8 July 1987 Reutera News English (c) 1987 Reuters Limited MANILA, June 8, Reuter – The closure last month of the Manila Banking Corporation, one…
Philippine economy grows fast enough to fulfil Manila’s aims
8 June 1987 The Toronto Star MEZ B11 English Copyright (c) 1987 The Toronto Star MANILA — The government is aiming at GNP growth of…
PHILIPPINE INVESTMENT CODE SET FOR AQUINO DECREE
10 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 10 – The Philippines’ Omnibus Investment Code was approved by the cabinet and…
JAPAN SEES BETTER ECONOMIC TIES WITH PHILIPPINES
10 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 10 – Japan feels the political and economic situation in the Philippines has…
LAND BANK CHIEF CRITICISES PHILIPPINE LAND CEILING
11 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 11 – Proposed land reforms that would limit all holdings in the…
MANILA CENTRAL BANK CHIEF WELCOMES DEBT COMPROMISE
11 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 11 – Philippine Central Bank Governor Jose Fernandez said he welcomed a compromise…
MANILA UNLOADS SUGAR STOCKS TO CURB PRICE RISE
17 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 17 – The Philippines” Sugar Regulatory Administration (SRA) has ordered all its reserve…
MANILA DEBT PACT SEEN PRE-EMPTING NEW CONGRESS
20 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 20 – The speedy and cordial conclusion of a 13.2 billion dollar debt…
PHILIPPINE CENTRAL BANK REPORT ON ECONOMIC PERFORMANCE
21 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 21 – The Philippines’ foreign debt was 28.58 billion dollars at the end…
AQUINO LAND REFORMS SEEN TO STOP SHORT OF RADICAL CHANGE
22 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 22, Reuter – Held out as a radical step that would end decades…
ROW INTENSIFIES OVER PHILIPPINE OIL PRIVATISATION
23 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 23 – A row over the proposed privatisation of Petron Corp, a fully-owned…
PROTESTS MOUNT OVER AQUINO’S LAND REFORM PROGRAM
23 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 23, Reuter – Protests by both landowners and poor farmworkers mounted today over…
AQUINO LASHES OUT AT CREDITORS, VOWS TO FIGHT ENEMIES
27 July 1987 English (c) 1987 Reuters Limited MANILA, July 27, Reuter – President Corazon Aquino lashed out at the Philippines’ creditor banks today, charging…
MANILA DEBT MOVES COULD DISRUPT GROWTH – ANALYSTS
30 July 1987 Reuters news (c) 1987 Reuters Limited MANILA, July 30 – Foreign debt has suddenly become a dirty phrase in Manila, but any…
PM-PHILIPPINES-MINISTER (NEWS ANALYSIS, SCHEDULED) MURDER IN MANILA REVIVES DEBATE OVER VIOLENCE, VIGILANTES
4 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 4, Reuter – The killing of a top official known for his strong…
PHILIPPINE MINISTER ATTACKS CALL FOR DEBT REPUDIATION
7 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 7, Reuter – The growing call in the Philippines for a repudiation of…
PHILIPPINE OFFICIALS GET DEATH THREATS, SECURITY TIGHTENED
7 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 7, Reuter – Extra bodyguards were assigned to top Philippine officials today after…
TYPHOON BETTY HITS CENTRAL PHILIPPINES
12 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 12, Reuter – About 500 families were evacuated today from the central Philippine…
AQUINO NOT KEPT FULLY INFORMED OF BARCLAYS ROW, OFFICIAL SAYS
13 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 13, Reuter – President Corazon Aquino was not kept fully Informed throughout a…
TYPHOON BETTY SLAMS INTO CENTRAL PHILIPPINES
13 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 13, Reuter – Typhoon Betty slammed into the central Philippines today, killing a…
FOREIGN FIRMS TO BE ALLOWED MANILA LISTING
18 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 18 – Foreign companies will be allowed to list their stock on the…
MANILA OIL PRICE RISE SEEN NUDGING UP INFLATION
20 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 20 – Last week’s 20 pct rise in the prices of petrol, diesel…
ELDERS TRYING TO BUY INTO PHILIPPINE BANK
21 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 21 – Elders Finance, a division of (Elders IXL Ltd), is interested in…
PHILIPPINE LANDOWNERS WARN OF VIOLENCE OVER REFORMS
25 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 25, Reuter – A major coalition of Philippine landowners today labelled President Corazon…
CIVILIANS CHEER AS FIGHTING RAGES AT MANILA MILITARY CAMP
28 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 28, Reuter – Buildings blazed and streets shook in Manila today in the…
BUSINESS SEES COUP ATTEMPT AS WARNING TO AQUINO
31 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 31 – Manila’s stock markets held steady in the first session after Friday’s…
AQUINO VOWS TO DEFEND BESIEGED PHILIPPINE DEMOCRACY
4 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 4, Reuter – President Corazon Aquino said on Friday democracy had taken one…
LOW PAY, POOR CONDITIONS FUEL UNREST IN PHILIPPINE MILITARY
4 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 4, Reuter – Low pay and poor working conditions have fuelled unrest in…
PHILIPPINE CABINET RESIGNS LEAVING AQUINO FREE HAND
9 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 9, Reuter – The Philippine cabinet resigned on Wednesday, giving President Corazon Aquino…
MANILA SHAKE-UP WILL RESTORE INVESTOR CONFIDENCE MINISTER
18 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 18, Reuter – President Corazon Aquino’s shake-up of top posts in her government…
Breakout Companies
Raghuram Govind Rajan is a lucky man. Two weeks into his new job as Governor of the Reserve Bank of India his friend Ben Bernanke,…
DEBT REPAYMENT CEILING SEEN HURTING PHILIPPINES
24 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 24 – Any ceiling on debt repayments imposed by the Philippines would cut…
PHILIPPINES POISED FOR RISKY DEBT SHOWDOWN
28 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 28 – The Philippines is poised for a risky showdown with its…
PHILIPPINE DEBT ACCORD HANGS IN BALANCE
25 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 25 – The Philippines’ recent debt restructuring hangs in the balance after a…
The Best Companies to Work for
At Business Today we write about companies all the time. Often, it is a top-down view. We meet the Chief Executive Officer, the senior members…
Not Measuring Up
Exactly two years ago we ran a cover story on India’s skills crisis. This was just after Subramanian Ramadorai was named Adviser to the Prime…
Turning Turtle
In 1908, when Henry Ford began making his revolutionary Model Ts on an assembly line in Detroit, there were 241 carmakers in the United States.…
Cheat Funds
Sometimes India’s economy resembles a rambunctious teenager brought up short by a finger-wagging headmaster. Our finance minister can now recite with his eyes closed a…
PHILIPPINE PESO FALLS TO RECORD LOW
8 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 8 – The Philippine peso plunged to a record low of 20.850 against…
India’s Best CFOs
Business Today’s team of reporters was putting finishing touches to the BT-YES Bank Best CFO Survey starting on page 57. The 14 men and one…
The Luxury Issue
Looking down at my bowl of gazpacho at dinner one recent night. I realised that I do not own a single moustache spoon, with guards,…
MANILA RACES TO FINALISE PIVOTAL DEBT CASE
22 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 22 – The Philippine Central Bank and creditors of a private fertiliser firm…
Missing Murthy
Within the space of a week, I met N.R. Narayana Murthy for a long and friendly conversation at his airy venture-capital office in Bangalore’s Jayanagar…
Broken IIT
Many, many moons ago, I used to visit a cousin pursuing his B.Tech. programme at IIT Madras. The campus was beautiful; of an early Sunday…
India’s Coolest Start-Ups
The US Congress stepped back just in time from the fiscal cliff, but Indian sensibilities about the Delhi gang rape and killing fell off another cliff…
PHILIPPINES TO BORROW SUGAR FROM THAILAND TO MEET SUDDEN RISE IN DEMAND
20 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 20 – The Philippines will borrow between 30,000 and 100,000 tonnes of…
Watch Your Step
Three economists are gazing at a glass half full of water. The optimist sees a glass half full. The pessimist sees a glass half empty.…
How I Did it
Companies and human beings are surprisingly similar. Over a long period of time we build an intricate geodesic dome of habits, rules. principles, emotions, likes…
PHILIPPINES EXPECTS MINIMAL U.S. SUGAR QUOTA CUT
25 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 25 – The Philippines has been warned that the United States is planning…
The Best Companies to Work For
It was a bracing week: I started and ended it with conversations with honest men whose cleanliness shone through. Both had had something to do…
India’s Best CFOs: Tips From The Finest Financial Brains
I have a confession to make. Many moons ago, I studied to be an accountant and despite one of the world’s toughest entry barriers with…
ASEAN SUMMIT CLOSES WITH ECONOMIC EMPHASIS
15 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 15, Reuter-South-East Asia’s leaders cemented their alliance on Tuesday, ending a summit meeting with…
How Samsung Moved Nokia’s Cheese
Competition is fierce and kicking in India, not least between business magazines. Which is why we love being flies on the wall as we watch…
Are Indian CEOs Overpaid?
The day before this issue of Business Today hits news stands, America will vote for a new president. The day after you invest less than…
Deal Chahta Hai
A laughter club in Mumbai is forced to “zip it” because a humourless neighbour is disturbed, not long after a 63-year-old cartoon unleashes a cleansing…
Deconstructing HCC
The deeper we sail into the economic doldrums, the greater is the wonderment that there is so much locked-up promise in India that we cussedly…
Low On Gas
There are times when we at Business Today chafe at being a fortnightly. There is so much happening in business and the economy that we…
How TCS Toppled RIL
What a fortnight it has been. We have plumbed new depths in animus and acrimony. Not a day goes by without a shrieking melee, either…
Pain: A Triple Whammy in 2012 Flat Income, High Prices & Shrinking Wealth
Life’s but a walking shadow, a poor player That struts and frets his hour upon the stage And then is heard no more. It is…
Prem Ji Is Back
By the time this issue of Business Today hits the news stands, voting for new governments in three Indian states will be completed. The seven-…
India’s Best Banks
Pity the modern banker, who is described in one of the stories in this issue as “pin-striped”. In India, of course, some of the most…
India’s Most Valuable Companies
If you look down from a helicopter at any of India’s teeming cities you will see millions of people scurrying around using every known form…
This Time For Africa
In Greek mythology, the Minotaur was a creature with a bull’s head and a man’s body who dwelt at the centre of the Cretan maze…
Modi Unlimited
Coasting down the six-lane highway from Ahmedabad to Gandhinagar, wheels barely touching the asphalt, it is tempting to forget that you are in the India…
Budget Deficit
I remember when I was a child eating the only canned peas available then. They were hard, bland and left a metallic taste in my…
Hindustan Unilever Is Working Up A Lather
“Chamko… kapdon ke liye behtereen sabun. Bar-bar, lagatar. Chamko. Kapdon mein chakachaundh chamak lane ke liye. Khushbudar, jhaagwala-Chamko.” Romance blooms when charming salesgirl Deepti Naval…
The haze before dawn
Do you know what a “dominant undertaking” is Suresh Krishna does. The Chairman and Managing Director of Sundram Fasteners lived every day with the provisions…
Buy Me, Buy Me Not
Stock markets and their behavior are an inexact science. Technical analysts will study head and shoulders patterns, Fibonacci retracements, stochastic oscillators and sundry chicken entrails…
India’s Skilling Field
“Then we had to find the rule and the string again, and a new hole was made; and, about midnight, the picture would be up…
Are We Disaster Ready?
When I lived in Tokyo in the early 1990s, children at my daughter’s school could clamber into an “earthquake truck” for a foretaste of what…
The Takeover Man
Most of us are cursed with poor memory. We need episodic markers to help us measure our lives from one significant remembrance to another. Our…
Going Nowhere
I remember my first car with great fondness. It was a Fiat 1100D, and I crashed it barely a month after my wife and I…
The Most Powerful Women In Indian Business
Early this month I travelled to Agra to walk barefoot around the Taj Mahal, the only wonder of the world that stands in honour of…
Home Truths
And now at the end he found himself in his own house, on his own half-lot of land, his own portion of the earth. That…
India’s Best Fund Manager
Have you heard the story about Warren Buffett, the 215 millionaires, and the coin-flipping orangutans? It takes some telling and you will have to buy…
Brats at Work
H for Hitler. A for arrogant, R for rascal, I for idiot …” I’m sure many of us remember the “Hari Sadu” commercial about the…
New Age Guru peps up India story believers
“When you were five years old, you were happy nearly all the time. Somebody had to make you unhappy Now you are 30-plus and have…
RESERVE BANK-MONEY TO BURN
Of all the functions of the Reserve Bank of India (RBI), there is one routine task crucial to the health of the economy: incinerating the…
TYRE PRICES – VASTLY OVER-INFLATED
Tyers are one essential commodity over which the Government seems to exert no control whatsoever. In the last six months prices have risen twice. And…
UTTAR PRADESH – PEACE OF THE GRAVEYARD
I know no one can do me no harm because happiness is a warm gun. Yes it is. Vishwanath Pratap Singh had cause to be…
UNTIL DEATH DO US PART
No Amount of civilised debate can take away from the savagery of the traditional Indian marriage. In the last few weeks, eight women have died…
SHARING LOSSES
Last week-end the seesaw battle being waged by Swraj Paul to take over Escorts and DCM slowed to a less suspenseful motion when the London-based…
THE TIGHTENING NOOSE
On Summer nights all over north India. people put out hundreds of thousands of cots in the open air to sleep on. Most of the…
POWER PROBLEM
September 1981 to go into the question of revising the rates of forest produce. The eight-member committee, chaired by the chief secretary, consisted of the…
FIREFILES CAUGHT IN A LOGJAM
Without second-generation reforms and a drastic overhaul of its institutions, India is condemned to mediocre income and growth. As befits an ancient land, India is…
“THIS YEAR WE WILL FALL SHORT OF THE TARGET”
It is two years since you took charge. How are you tackling the skilling challenge? The scale of the problem is huge. A combination of…
Uncertainty Principle
A disgraced Ranbaxy has a long and expensive journey ahead before it regains the trust of global and Indian customers. By E. Kumar Sharma and…
Trouble Brewing
Gurdeep Singh Chadha – “Ponty” to those who nod at and fear him – is not an easy man to know. Many say the tax…
WE LOST THE PLOT
Kishore Biyani reveals why he sold a controlling stake in his flagship Pantaloons stores to the Aditya Birla Group in a candid conversation with Chaitanya…
HOW TO DO A MANAGEMENT BUYOUT AT 30,000 FEET
The next time you are flying somewhere, do not bury your nose in a book or plug in your earphones. Take a good look around.…
Interview: Osamu Suzuki
MARUTI WILL NOT END Simmering unrest among contract workers at the Manesar (Haryana) plant of Maruti Suzuki exploded in violence and arson on July 18;…
Interview: Upendra Kumar
“There are companies which are defying the law…. We have taken a series of measures” In the 20 months he has been Chairman of the…
CEO COMPANSATION
SWIMMING IN IT Until July 1991, directors at Indian companies could not be paid more than ₹15,000 a month. Commissions as a percentage of net…
“WE WERE LEADER BUT WE WERE NOT LEADING”
HUL contributes just 6.3 per cent to Unilever’s global revenues. Where does India stand among emerging markets? Manwani: Emerging markets are not just important; they…
INTERVIEW Y.C. Deveshwar
YOGESH CHANDER DEVESHWAR has been with ITC for nearly 43 years. the past 15 as chairman and chief executive. Having turned ITC into a multi-…
Most Powerful Women in Business
“In India, I See a Lot More Acceptance of Gender in the Workplace” Do you think the India-us CEO Forum you are a member of…
BANK THE RESERVE
The Reserve Bank Of INDIA (RBI) IS the best-run company in India: transparent, diligent, accountable, and (ostensibly) in dependent. Its official capital is a paltry…
CLEFT STICK
When aung san suu kyi won the Nobel Peace Prizein1991, two years after the Dalai Lama and two years before Nelson Mandela, she was hailed…
HINDI-CHINI BUY BUY
Sushma swaraj said it simply in parliament in early august when she ruled out war with China over the Doklam plateau: “China has contributed to…
A FIRST-RATE PROBLEM
India’s economy is lurching like a car with two flat rear tyres. The monsoon has been better than expected: a bumper kharif crop is expected,…
KEEP THE BALLAST
Narender Modi’s first term in office will be bracketed by malodorous stand-offs with two governors of the Reserve Bank of India. The bad blood between…
TELLING NUMBERS
Look Carefully at all the Headlines, screaming or otherwise, that are popping up these days about corruption. How many of them feature women? Study after…
The Dog’s tail
There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you can never straighten a dog’s tail (kutte ki poonch…).…
Hell For Leather
Hell for leather means to run very fast, but the leather industry in and around Kanpur has nowhere to run. Hundreds of tanneries and manufacturing…