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MANILA PHONE LOAN MARKS MAJOR CREDITOR INITIATIVE

15 March 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, March 15, Reuters – 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…

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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…

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Envoy says US to maintain strong role in Philippine Economy

22 January 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Jan 22, Reuter – The United States is committed to helping the Philippines achieve…

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JAPANESE COMPANIES STEP UP ASIA-PACIFIC INVESTMENT

27 January 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, Jan 27 – The yen’s rapid appreciation has led many Japanese companies to step…

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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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RACIAL STRIFE IN BRITAIN – The Color Bomb

Suddenly that unsporting term, Race, reared its colored head above the British horizon towards mid-1976, 19-year-old Dinesh Chaudhuri, and a Palestinian friend, were stabbed to…

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Interview with Ursula Burns

“I use the word ‘blue collar’ purposefully at Xerox. It is the heart and soul of most economies” URSULA BURNS is the first African-American woman…

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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…

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Manila Bank Closure Exposes Strains in Philippine System

8 July 1987  Reuters News  English  (c) 1987 Reuters Limited  MANILA, June 8, Reuter – The closure last month of the Manila Banking Corporation, one…

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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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,…

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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…

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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…

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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…

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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…

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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-…

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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…

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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,…

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BANK THE RESERVE

The Reserve Bank Of INDIA (RBI) IS the best-run company in India: transparent, diligent, accountable, and (ostensibly) in­dependent. Its official capital is a paltry Rs…

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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,…

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ANNA DATA

Annadata means “Bestower of food” – a synonym for god. In some Indian languages, Anna means older brother, so you can also take my headline…

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