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…
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ENOCH POWELL ‘Belfast May Seem an Enviable Place’
The Right Honorable Enoch Powell, PC, MBE, has been a major catalyst in racialist ferment for a long time now. Powell, who celebrated his sixty-fourth…
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…
INTERVIEW-Pakistan says US policies polarise world
14 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 14 (Reuters) – Pakistan, a key U.S. ally in the war on terror,…
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…
Interview with Ellen Kullman
DuPont Chair & CEO ELLEN KULLMAN in conversation with CHAITANYA KALBAG. Edited excerpts: Do you think the India-US CEO Forum you are a member of…
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…
Last Word- Ear to the Ground
This mid-December afternoon, the Ear detects the rumble of Old Man 76 gasping through his last lap, and the first stirrings of Childe 77. Here…
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…
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…
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…
Wanted- A Big Bang Budget
These are extraordinary times and we witness extraordinary phenomena. Three weeks before the Union Budget, when finance ministers customarily crawl under their carapaces, the honourable…
India’s Best B School
Although commerce is older even than the thirty pieces of silver that persuaded Judas Iscariot to betray Jesus Christ, it took humans a long time…
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…
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…
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…
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…
India’s Best CEOs
We are waiting to exhale. Food prices fell in the last fortnight of December, for the first time in six years, and headline inflation is…
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…
Going for Gold
Seven and a half minutes into the movie Paan Singh Tomar a journalist asks the eponymous hero, played by Irrfan Khan, why he became a…
Pulling Punches
Why did god create stock-market analysts? To make weather forecasters look good, runs the rather puerile joke. But seriously, company analysis is an earnest business-in…
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…
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…
The Best Companies To Work For
Know one’s onions” means to know one’s subject well. But do we really know why our economy fares as it does, how supply and demand…
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,…
India’s Most Valuable Companies
Nothing matches the rush of blood to the brain when you read super-sized success stories. Nothing tells the story of the Milky Way of densely-packed…
India’s Best B-School
Professional suitable match for beautiful, slim MBA Punjabi girl… Boy to be MBA, Engineer, CA.” Not too long ago, in the matrimonial ads crowding our…
STC-Anatomy of A strike
Inscrutable are the ways of public-sector trade unions. The Federation of the State Trading Corporation Employees’ Unions (FSTCEU) lived up to this image when it…
SCHOLARSHIPS-POLITICAL COMPULSIONS
Two experts on Soviet studies, both lecturers in major universities, were in formed late last month by the University Grants Commission (UGC) that their applications…
Signs Of The Times
There was the baby-faced ex-pilot, all thumbs as he handled the controls in his political flight simulator; the rough-spun son of the, soil, a man…
LABOUR – MAKING A POINT
RARELY had an event invited such determined and concerted action by LIIC Union Government: When the 24- hour national strike called by the National Campaign…
POLITICAL COMPLUSIONS
Two experts on Soviet studies, both lecturers in major universities, were informed late last month by the University Grants Commission (UGC) that their applications for…
THE WEAGES OF WRATH
ON January 18 the strike by 2.5 lakh textile workers in Bombay’s 60 mills will complete a year; 25,000 of these workers in eight mills…
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…
“WASHINGTON IS STARTING TO LOOK LIKE DELHI”
An erudite scholar, acclaimed author and the William Ziegler Professor of Business administration at the Harvard Business School, British historian Niall Ferguson wears several hats.…
“ India a $10 Billion Market In five Years “
On the US economy Things are getting better in the United States. It’s a slow recovery and some of that is based on how steep…
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…
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…
CLEANING UP OUR ACT( India is trying to do its bit on climate change )
At the Hamburg group of 20 summit on 7-8July, diplomats toiled through most of the night over US intransigence on climate change before they agreed…
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,…
DEMOCRACY DIES IN DARNESS
The Washington post adopted this four-word slogan “Democracy Dies in Darkness” in February 2017, its first in 140 years. It was used by its owner…
RED-LETTER DAYS
This is a year of anniversaries , some unpleasant, some prescient, some momentous. CE 2019 is important not only because of the Bharatiya Janata Party’s…