Governor’s Disgrace
EIGHTEEN hours after Haryana Governor Ganapatrao Devji Tapase committed the most undemocratic faux pas in India’s political history, he was cowering on a sofa in…
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Keep Your Expectations Low
In a spirited panel discussion moderated by Business Today editor Chaitanya Kalbag, Yashwant Sinha, MP and former finance minister, M. Damodaran, former SEBI chairman, Satya…
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…
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…
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…
AQUINO FACES UPHILL TASK IN ECONOMIC RECOVERY
19 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 19, Reuter – Philippine President Corazon Aquino can expect a volley of anxious…
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…
THREE AMERICANS AND FILIPINO SHOT DEAD NEAR U.S. BASE
28 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 28, Reuter – Gunmen shot dead three Americans, including two airmen, and a…
U.S. DIPLOMAT’S RECALL MARKS NEW LOW IN TIES WITH PHILIPPINESÂ
28 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 28, Reuter – The recall of a U.S. military diplomat from the Philippines…
U.S. DEFUSES MEDDLING ROW BY PULLING OUT ATTACHE FROM MANILA
28 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 28, Reuter – The United States said on Wednesday it was withdrawing a…
PHILIPPINE HIT-SQUAD KILLINGS SIGNAL NEW COMMUNIST OFFENSIVE
29 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 29, Reuter – Philippine Communist guerrillas appear to have launched a major offensive…
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…
PHILIPPINE CUSTOMS CHIEF SAYS NO TO GRAFT, YES TO ‘REWARDS’
 4 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 4, Reuter – The new customs chief of the Philippines says he frowns…
PHILIPPINES WORRIED ABOUT COMMODITY PRICESÂ
9 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 9 – Any fall in commodity prices resulting from the crash in world…
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 DEMANDÂ
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…
361 DEAD AS TYPHOON CUTS TRAIL OF DESTRUCTION IN PHILIPPINESÂ
27 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 27, Reuter – Rescue workers battled through floods in the central Philippines on…
MANILA RATES RISE AS PRESSURE GROWS ON PESOÂ
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…
FORMER PHILIPPINE FINANCE CHIEF’S DEATH BELIEVED SUICIDE
7 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 7, Reuter – Former Philippine finance minister Jaime Ongpin was found with a…
MANILA TO PUSH AHEAD WITH FISCAL REFORMS
11 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 11 – The Philippine government intends to boost tax collection, reorder its expenditures,…
MUCH RHETORIC, FEW GAINS IN ASEAN COOPERATION.Â
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 MUST GIRD TO MEET REGIONAL CHALLENGES, MAHATHIR SAYSÂ
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…
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…
THE BHAJAN BLUDGEON
The Sprawling city that Charles-Edouard le Corbusier had designed for bureaucrats and retired people looked like an army encampment girding up for an enemy onslaught.…
TAKEN FOR A RIDE
No point of no return was so final as the one Charan Singh and Devi La1 reached on July 21. The crusty Jat leaders have…