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…
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FEELIN’GOOD
IT IS GOOD THAT WE ARE FEELING BUCKED UP AT THE BEGINNING of 2018. Major economies expect growth in tandem for the first time since…
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…
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 MOVES TO SPEED UP DEBT/EQUITY SWAPS
19 February 1988 Reuters News (c) 1988 Reuters Limited English MANILA, Feb 19 – The Philippines plans to speed up its sluggish debt/equity swap program,…
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…
India says China has surveillance base in Myanmar
3 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 3 (Reuters) – India’s defence minister said on Sunday China had built…
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…
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…
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…
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…
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…
Dalai Lama accuses China of “cultural genocide”
9 March 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, March 9 (Reuter) – Tibet’s spiritual leader the Dalai Lama on Sunday accused…
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…
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…
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…
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’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…
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…
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…
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…
What the Government Needs to Do Now
Despite the crisis, a clear message must be sent to the investor community that India is open for business. There was an initial spurt of…
Growth and the challenge of compensating the losers
INDIA’S ECONOMY is barrelling along at a growth rate of over 9 per cent, savings rates are up, investments are up, more jobs are being…
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…
10 Most Powerful Women in Indian Business
They say nothing sharpens our minds as much as high danger or a threat to our survival. We are prepared to stand and fight when…
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…
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…
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…
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…
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…
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”…
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…
India’s Most Valuable Companies
Once every year, we pay obeisance to the best and strongest companies in India. It is not grudging admiration. Our corporate icons deserve every bit…
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…
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…
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…
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…
MANILA’S HOT MONEY FLOWS FROM STOCKS TO DOLLARS
12 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 12 – Short-term speculators have switched their attention from Manila’s once bullish stock markets…
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…
ANTI-STRIKE FORCE PLANNED, LABOUR MINISTER SAYS
14 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 14, Reuter – The Philippine government is considering setting up a special police…
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…
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 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 MOVES TO BOOST REGIONAL ECONOMIC COOPERATION
14 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 14, Reuter – Spurred by shrinking markets and the spectre of global recession,…
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,…
ASEAN MUST GIRD TO MEET REGIONAL CHALLENGES, MAHATHIR SAYS
14 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 14, Reuter – South-East Asia’s non-communist countries must gird to meet challenges posed…
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…
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…
TAKESHITA PLEDGES TO OPEN MARKETS TO ASEAN
15 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 15 – Japanese Prime Minister Noboru Takeshita marked his first foreign trip by…
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…
U.S. SUGAR QUOTA CUT WORSE THAN THOUGHT – MANILA
16 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 16 – A 23 pct cut in the 1988 U.S. sugar import quota…
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…
IT’S THE ELECTION, STUPID
The economy is whirling around in a populist spiral Pranab Mukherjee is starting to look worryingly like a feckless heir squandering his generous inheritance while…
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…
EXCISE DUTY-MORE SLAPS THAN SOPS
RANAB MUKHERJEE’s first budget, at first glance so redolent of status quo, is peppered with little booby traps. Two paragraphs in his speech have caused…
ITC-HAKSAR’S LAST HURRAH
Sentimentality rarely intrudes in to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…
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…
HAKSAR’S LAST HURRAH
Sentimentality rarely intrudes in to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…
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…
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.…
SHOW ME THE JOBS
The government is striving mightily, but the needle is moving inexorably lower on the jobs meter. The Centre for Monitoring Indian Economy (CMIE) and the…
ENOUGH ALREADY
I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps upto proclaim that demonetisation was…
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…
CLOSE,, BUT NO CIGAR
Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along.…
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…
VIRAL FEVER
Start exercise your smartphone thumb, because the next big election will be fought on our mobiles. The latest Internet and Mobile Association of India survey…