THE HUMAN TRAGEDY
It is a war without end, a no-win situation in which nobody can provide answers to some questions: How long will this go on? Which…
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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…
JAYME SAYS MANILA TAKES HEART FROM MEXICO DEAL
6 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 6 – The options available in solving the global debt crisis had broadened…
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…
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…
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…
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…
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…
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…
ASIAN DEVELOPMENT BANK STILL AWASH WITH FUNDS
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds,…
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…
SOUTH PACIFIC ISLANDS WANT OWN DEVELOPMENT BANK
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – South Pacific island nations want to form a new regional…
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…
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…
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…
Nepal aims at independent central bank
22 May 1997 Reuters News English (c) 1997 Reuters Limited KATHMANDU, May 22 (Reuter) – Nepal’s coalition government plans to grant the Himalayan kingdom’s central…
PHILIPPINE BANKS SEEN LOSING OUT ON CURRENCY DEALS
18 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 18, Reuter – Philippine banks are missing opportunities by restricting foreign exchange trading…
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…
PHILIPPINES TO ASK BANKS, IMF FOR NEW LOANS
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – The Philippines plans to approach its creditor banks for a…
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…
Vietnam urges Bush to build on Clinton’s work
29 May 2001 Reuters News English (c) 2001 Reuters Limited HANOI, May 29 (Reuters) – Vietnam urged President George Bush on Tuesday to build on…
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…
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…
India raises import duties to fight deficit
16 September 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Sept 16 (Reuter) – India’s government, clearly alarmed by a fiscal deficit that…
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…
Manila wants better repayment terms than lenders gave Mexico
19 January 1987 The Toronto star ME2 Bll English Copyright (c) 1987 The Toronto Star MANILA, PHILIPPINES — He told a press conference Manila would…
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…
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…
MANILA COUP BID SEEN DAMAGING BUSINESS CONFIDENCE
28 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 28 – The Philippines’ latest coup attempt, the most violent in President Corazon…
CABINET RESHUFFLE SEEN AS LAST CHANCE FOR AQUINO AS CONFIDENCE WANES
10 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 10 – Philippine President Corazon Aquino has been given a final chance to…
LIKELY CHOICES SEEN FOR NEW MANILA ECONOMIC CHIEFS
16 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 16 – A veteran development banker and the former head of one of…
AQUINO DROPS CLOSE AIDES TO END GOVERNMENT PURGE
17 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 17, Reuter – Philippine President Corazon Aquino, under pressure from a disgruntled military,…
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…
PHILIPPINE’S SAN MIGUEL PREDICTS BULLISH YEAR
22 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 22 – Philippine food and beverage giant San Miguel is doing “magnificently well”…
Two to Tango
An early breakfast is something that most journalists don’t care for. Most of my tribe skip it and among those who don’t, very few sip…
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,…
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…
HUMAN RIGHTS A THORNY ISSUE IN ASIA DESPITE OFFICIAL SILENCE
30 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 30, Reuter – Charges of widespread human rights violations in Asia met silence…
LAND REFORM, DEBT ACTION GATHER PACE IN PHILIPPINE CONGRESS
1 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 1, Reuter – The Philippine Congress on Thursday pushed forward an ambitious program…
PHILIPPINE SENATE BILL PROPOSES DEBT COMMISSION
1 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 1 – Members of the Philippine Congress want to set up a commission…
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…
GROWING LABOUR MILITANCY ADDS TO PHILIPPINES’ WOES
2 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 2, Reuter – The number of strikes in the Philippines is down this…
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…
PHILIPPINE PESO FALTERS AS SPECULATORS SNAP UP DOLLARS
13 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 13, Reuter – The Philippine peso has been battered over the past month…
MANILA FUTURES EXCHANGE PLANS NEW CONTRACTS
14 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 14 – The Manila International Futures Exchange Inc (MIFE) hopes to start trading…
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…
PHILIPPINES REVISES DEBT/EQUITY PROGRAM
22 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 22 – The Philippine government has made major changes in its debt-to-equity conversion…
MANILA RESOLVES ROW OVER PLANTERS PRODUCTS INC’S DEBT AHEAD OF DEADLINE
30 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 30 – The Philippine government and creditors of a private fertiliser firm have…
ASCOPE MEETING
5 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 5 – The heads of national oil companies of the Association of Southeast…
DOUBTS RUN HIGH AS MANILA RECOVERY FLATTENS OUT
11 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 11 – Near the end of her second year in office, Philippine…
PHILIPPINE TRADE GAP WIDER THAN EARLIER REPORTED
19 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 19 – National Statistics Office (NSO) figures show the Philippines’ trade deficit stood…
PHILIPPINE DEBT ACCORD AGAIN IN JEOPARDY
20 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 20 – The Philippines’ restructuring of 13.2 billion dollars of foreign debt has…
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…
PHILIPPINES CENTRAL BANK CURBS DOLLAR TRADING
24 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 24 – The Philippines has moved to defend Its foreign exchange reserves by…
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…
ENVOY SAYS COMMUNIST ATTACKS WILL BOOST U.S.- PHILIPPINE TIES
25 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 25, Reuter – The communist rebel killings of three Americans near a U.S.…
MUCH RHETORIC, FEW GAINS IN ASEAN COOPERATION.
13 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 13 – South-east Asian leaders gather in Manila this week to try to…
ASEAN DEPLORES PROTECTIONISM, URGES DEBT SOLUTION
14 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 14 – The Association of South East Asian Nations (ASEAN) criticised rising protectionism,…
JAPAN-ASEAN TRADE, INVESTMENT DECLINING
15 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 15 – Japan’s trade and overseas investment with South-East Asia, which accounts for…
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 Best Banks
Just as we were putting this special issue of Business Today to bed. Thomas M. Hoenig. President of the Federal Reserve Bank of Kansas City,…
Do Not Miss trade Bus to India, PM tells S Africa
Prime Minister Manmohan Singh told a group of senior Indian and South African businessmen on Monday that he was confident India can accelerate economic growth…
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…
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…
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,…