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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My Years in an Indian Prison Mary Tyler
So much is being written about political prisoners in India these days, that the layman might succumb to the temptation of focusing more on the issue…
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…
W. GERMAN MINISTER EXPECTED TO BOOST EUROPEAN TIES TO MANILA
16 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 16, Reuter – West German Minister of Economics Martin Bangemann is expected to…
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…
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…
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…
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-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…
Reading The Bar Codes
“UPON MY WORD: India’s prisons are stuck in a time warp Strange how time’s machine travels back and forth at warp speed. Two hundred and…
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 Reuters 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
From the Managing Editor An early breakfast is something that most journalists don’t care for. Most of my tribe skip it and among those who…
Breakout Companies
From the Editor Raghuram Govind Rajan is a lucky man. Two weeks into his new job as Governor of the Reserve Bank of India his…
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
From the Editor Sometimes India’s economy resembles a rambunctious teenager brought up short by a finger-wagging headmaster. Our finance minister can now recite with his…
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…
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…
Prem Ji Is Back
From the Editor By the time this issue of Business Today hits the news stands, voting for new governments in three Indian states will be…
India’s Best Banks
From the Editor Pity the modern banker, who is described in one of the stories in this issue as “pin-striped”. In India, of course, some…
New Business Families
“If a thousand suns were to rise in the heavens at the same time, the blaze of their light would resemble a little the supreme…
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,…
A Battle Supreme
Titled Judiciary: Attacks and Survival, the speech had been long in coming, the speaker delayed, first by an attack of diabetes in March and then…
Mysterious U-Turn
Although it is a blasphemous thought, it has cropped up in many a legal mind during the last few weeks: if bets were placed on…
Jagannath Mishra-Cleared By The Court
The India-Rubber man, Jagannath Mishra, had done it again. For months, the Bihar chief minister’s political fate had hung in the balance while the Supreme…
Cheating The Hangman
Convicted killers Billa and Ranga were expected to make headlines last fortnight. Make news, they certainly did, but not the way everybody anticipated. Instead of…
Hanging Fire
The Quality of justice seemed to be under tremendous strain last fortnight. At issue was the vexatious question of capital punishment. As usual, the shock…
Until Death Do Us Part
I am your valuable,/The Pure gold baby,/That melts to a shriek,/I turn and burn,/Do not think I underestimate your/great concern./Ash, ash/You poke and stir,/Flesh, bone,…
Death Penalty – Snag In The Rope
Anticlimax has become the boon companion of the Supreme Court. When the court reopened on July 18 after its summer vacation, it was shadowed by…
BANK THE RESERVE
The government must resist the temptation to dip its hand in the till The Reserve Bank Of India (RBI) is the best-run company in India:…
A first-rate problem
I believe the government is counting too much on the RBI to wield the magic wand India’s economy is lurching like a car with two…
Jaat Kahan Ho
Some day extraterrestrials will thrill to Raag Bhairavi in outer space Imagine there’s no countries / It isn’t hard to do Nothing to kill…
Waterless World
How melting Himalayan glaciers and Chennai’s dry taps are connected Time was when ‘Glacial Speed’ used to mean ‘very, very slowly’. That has changed forever.…