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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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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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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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India’s weary Kashmiris told- “Go see a movie”

7 August 1998 Reuters News English (c) 1998 Reuters Limited SRINAGAR, India, Aug 6 (Reuters) – A who’s who of Indian Kashmiris turned out in…

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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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India general sees no danger of nuclear exchange

6 August 1998 Reuters News English (c) 1998 Reuters Limited SRINAGAR, India, Aug 6 (Reuters) – The general commanding Indian troops in the tinderbox Kashmir…

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INTERVIEW-Kashmir might spark N-war – separatist

7 August 1998 Reuters News English (C) 1998 Reuters Limited SRINAGAR, India, Aug 7 (Reuters) – India and Pakistan could wage nuclear war over the…

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Indian soldier caught in grinding Kashmir strife

9 August 1998 Reuters News English (c) 1998 Reuters Limited BARAMULLA, India, Aug 9 (Reuters) – Mahendra Kumar is a typical “sepoy”, the lowest rank…

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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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FOCUS-India says Afghans in Kashmir intrusion

26 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 25 (Reuters) – Afghan mercenaries, likely commanded by Pakistani army officers, have…

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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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Indian Kashmir talks offer sows confusion, anger

28 July 1997 Reuters News English  (c) 1997 Reuters Limited  NEW DELHI, July 28 (Reuters) – India’s Prime Minister Inder Kumar Gujral has caused anger…

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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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WRAPUP-India hits Kashmir militants with air power

26 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 26 (Reuters) – India on Wednesday launched its first peacetime air strikes…

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ANALYSIS-India, Pakistan caught in undeclared war

27 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 27 (Reuters) – India was on a roll on Wednesday. It unleashed…

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WRAPUP-India loses planes, lashes out at Pakistan.

28 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 27 (Reuters) – India suffered a sharp reverse on Thursday in its…

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WRAPUP-India bombs Kashmir rebels, warns Pakistan.

27 May 1999 Reuters News English (c) 1999 Reuters Limited   NEW DELHI, May 26 (Reuters) – India unleashed two waves of air strikes on…

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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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Wrapup- Indian helicopter downed in Kashmir crisis

29 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 28 (Reuters) – India suffered a second setback on Friday in its…

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Wrapup- Kashmir crisis heats up after Stinger use

29 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 28 (Reuters) – India suffered a second setback on Friday in an…

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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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Interview- Onus on Pakistan in Kashmir-Indian aide

30 May 1999 Reuters News English (c) 1999 Reuters Limited   NEW DELHI, May 30 (Reuters) – A top Indian official said on Sunday it…

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India vows no pause in Kashmir assault for talks

1 June 1999 22:59 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 1 (Reuters) – India will not halt its air and ground…

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Interview- “no relenting in Kashmir

2 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 1 (Reuters) – India’s External Affairs Minister Jaswant Singh said on Tuesday…

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ANALYSIS-India faces hard choices in Kashmir.

13 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 13 (Reuters) – India and Pakistan, daggers drawn in Kashmir, held a…

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ANALYSIS-India torn over scope of Kashmir combat

4 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 4 (Reuters) – India’s commanders are fighting with “one arm tied behind…

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Over 1,000 infiltrators still in Kashmir-India

8 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 8 (Reuters) – India’s army has recaptured key points in Kashmir and…

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Interview- India says Pakistan must restore trust

18 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 18 (Reuters) – Indian Foreign Minister Jaswant Singh on Sunday urged Pakistan…

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Villagers play tag with death in India’ Kashmir

6 August 1998 Reuters News English (c) 1998 Reuters Limited NAMBLA, India, Aug 6 (Reuters) – The people of Nambla are sitting ducks in the…

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India’s Fernandes insists Pakistan PM was in dark

31 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 31 (Reuters) – India’s Defence Minister George Fernandes said on Monday he…

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INTERVIEW-India’s Fernandes sees no nuclear danger.

31 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 31 (Reuters) – India’s Defence Minister George Fernandes said on Monday he…

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INTERVIEW-Indian general fears return to proxy war.

13 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 13 (Reuters) – Watching vanquished Islamic guerrillas retreat to Pakistan, India’s top…

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INTERVIEW-Early Kashmir spring helped India.

18 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 18 (Reuters) – India’s military intelligence chief said on Sunday that Pakistan’s…

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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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Nuclear war unlikely over Kashmir, leader says

6 February 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Feb 6 (Reuters) – The leader of India’s Kashmir region said on Thursday…

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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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India fields seasoned negotiator at Pakistan talks

26 March 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, March 26 (Reuters) – Salman Haidar will be an immovable object facing a…

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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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India’s Kashmir talks offer — flip-flop or ploy? 

28 July 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, July 28 (Reuter) – India’s Prime Minister Inder Kumar Gujral performed one more…

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Kashmir group says exhumed body is of its leader

30 September 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Sept 30 (Reuters) – A militant group in Kashmir on Tuesday said an…

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Britain’s Labour accused of Kashmir freedom agenda 

16 October 1997  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Oct 16 (Reuters) – Queen Elizabeth’s tour of India slid deeper into controversy…

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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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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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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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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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Reaping The Whirdwind

Hiteswar Saikia was last Fortnight trying to settle into the hottest seat in India-the chief ministers hip of Assam. The diminutive, balding ‘politician had been…

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Signs Of The Times

There was the baby-faced ex-pilot, all thumbs as he handled the controls in his political flight simulator; the rough-spun son of the, soil, a man…

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Faith, Hope And No Charity

The International Year of Disabled Persons (IYDP) began with a bang: the National Federation of the Blind led its members in a vociferous agitation in…

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An Uncertain Lull

SHEIKH Mohammad Abdullah’s health more than anything else has been responsible for the sudden thaw in Delhi-Srinagar relations For a while last month Kashmir teetered…

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TOILET -TRAINING INDIA

On September 25, the day Prime Minister Narendra Modi received the Gates Foundation’s Global Goalkeepers Award in New York for his leadership of the Swachh…

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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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KILLING ME SOFTLY

He took a deep breath of air. Once again he caught a strangeness on the wind, neither pleasant nor unpleasant, neither odour nor perfume—just strange,…

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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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APOCALYPSE NOW

Kanpur, Faridabad, Varanasi, Gaya, Patna, Delhi, Lucknow, Agra, Muzaffarpur. Nine of the world’s ten most polluted cities listed by the World Health Organization are in…

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Identify Yourself

The Fates Of the four million people whose names did not appear in the ‘complete draft’ of the National Register of Citizens (NRC) in Assam…

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SUFFER THE CHILDREN

The other day, I watched this video of four-year-old Jackson Drew reciting Shakespeare’s Sonnet 18 (Shall I compare thee to a summer’s day?) and marvelled…

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RED-LETTER DAYS

This is a year of anniversaries , some unpleasant, some prescient, some momentous. CE 2019 is important not only because of the Bharatiya Janata Party’s…

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THE AIR IS THICK

The Good news is that both the Bharatiya Janata Party and Congress seem to have finally woken up to the looming catastrophe of air pollution…

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