I have to follow capitalism: Buddha
It is like being thrown about in an ideological cocktail shaker. You get off a gleaming passenger jet and drive over a soaring expressway to…
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The Dauphin and the Figurehead
Timing is everything, and with a number of state elections soon, leading to the general election next year, cynicism and opportunism are manifest. The Congress-led…
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…
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…
Philippines 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…
Ready For Battle
From the Editor I remember sticking an aluminium one-yen coin and a copper one-US-cent coin to my computer screen in Tokyo around the mid-1990s and…
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 US 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 Philippines
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…
US 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 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 Prices
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 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…
361 Dead as typhoon cuts trail of destruction in Philippines
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 PESO
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
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,…
Hooks & Crooks
From the Editor I remember a composite satellite photograph of the world taken at night time. One country stood out like a black blotch on…
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…
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…
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…
India’s Coolest Start-Ups
Some things were on a fast track as the heat dragged us into the dog days of June, and some were on a slow track.…
Bureaucracy-The Power that be
All private secretaries to Union ministers are equal, but S.R. Bhatia is more equal. Bhatia is the private secretary to Prakash Chand Sethi, the Union…
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 chains,…
WHO WILL CAST THE FIRST STONE?
The Jan Lokpal Bill may need to move from idealism to realism; the solution may also lie in granting independence and teeth to existing agencies…
Lemmings or Llamas?
The US is on life support, and Asian creditors led by China, which holds $1.16 trillion of US treasuries, control the intravenous drip. Asian central…
Great Stress Test
It’s good we now have a GST, but its design is another matter Since you all love acronyms for the Good and Simple Tax and…