India’s Gujarat state aims to be investment draw
New Delhi, Dec 8 (Reuters) – India’s Gujarat state aims to be a primary focus for foreign investors, particularly in infrastructure like ports, power and…
Read more
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…
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…
DEVELOPING NATIONS URGED TO EASE INVESTMENT BARS
25 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 25 – Developing nations are more likely to attract foreign investment by easing…
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 MOVES TO SPEED UP DEBT/EQUITY SWAPS
19 February 1988 Reuters News (c) 1988 Reuters Limited English MANILA, Feb 19 – The Philippines plans to speed up its sluggish debt/equity swap program,…
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…
INDIA LIBERALISING AT OWN PACE, MINISTER SAYS
1 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 1, Reuter – India is loosening controls on industry, investment and imports but…
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…
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…
Japanese says Indian bureaucracy very “inflexible”
24 July 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, July 24 (Reuters) – Japan is keen on expanding investment in India but…
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…
ASIAN RICE SUPPLY PLAGUED BY SHORTAGES, SOARING PRICES
24 May 1988 Reuters News English (c) 1988 Reuters Limited LOS BANOS, Philippines, May 24, Reuter – Asia’s rice producers, reeling from the effects of…
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…
Marxist says one-party rule in India is “finished”
15 June 1997 Reuters News English (c) 1997 Reuters Limited CALCUTTA, India, June 15 (Reuters) – India is not likely to see a return to…
Sri Lanka’s garment makers want trade, not aid
9 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 9 (Reuters) – The only problem Sri Lanka’s intrepid garment makers faced after…
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…
Woollen blankets, used clothing clog Sri Lanka aid pipeline.
8 January 2005 Reuters News English (c) 2005 Reuters Limited SAMMANTHURAI, Sri Lanka, Jan 8 (Reuters) – Sitting cross-legged on the cramped, bucking floor…
ANALYSIS-Sri Lanka’s economy does not take tsunami lying down
7 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 7 (Reuters) – More than 30,000 Sri Lankans lost their lives when the…
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…
Garam hawa
India must construct an enlightened climate change policy ‘FOOD PRICES set to rise as floods ruin crops’. ‘Prime Minister promises aid to flood victims’. Does…
FOCUS-India parliament leader bullish on democracy
7 December 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Dec 7 (Reuters) – The speaker of India’s parliament said on Sunday democracy…
INTERVIEW-India can’t be ignored – A.T. Kearney CEO
8 December 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Dec 8 (Reuters) – Global investors cannot afford to ignore India, but Indian…
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…
Manila Unloads Sugar Stocks to curb price rise
17 July 1987 Reuters News English (c) 1987 Reuters Limited MANILA, July 17 – The Philippines” Sugar Regulatory Administration (SRA) has ordered all its reserve…
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…
Cabinet Reshuffle Seen as Last Chance for Aquino as Confidence Wanes
10 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 10 – Philippine President Corazon Aquino has been given a final chance to…
Likely Choices Seen for New Manila Economic Chiefs
16 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 16 – A veteran development banker and the former head of one of…
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…
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,…
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
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…
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…
Ready For Battle
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 watching in fascination…
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…
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,…
IT’S THE ELECTION, STUPID
The economy is whirling around in a populist spiral Pranab Mukherjee is starting to look worryingly like a feckless heir squandering his generous inheritance while…
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-…
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…
Eight Innovations That Delighted Consumers and What India can Learn From Them
I had never handled a tool in my life; and yet, in time, by labour, application, and con- trivance, I found at last that I…
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…
Energy Shock: India Story Risks Running Out Of Steam
This has been a summer of discontent, and the portents are not auspicious. One day after Prime Minister Manmohan Singh announced his second underwhelming Cabinet…
The Best Companies To Work For
Know one’s onions” means to know one’s subject well. But do we really know why our economy fares as it does, how supply and demand…
Going Nowhere
I remember my first car with great fondness. It was a Fiat 1100D, and I crashed it barely a month after my wife and I…
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,…
Pester Power
Remember when mall meant a tree-shaded promenade in Shimla or one of those picturesque cantonment towns, and plastic was when your grandmother graduated from tin…
Tyre Prices – Vastly Over-Inflated
Tyres are one essential commodity over which the Government seems to exert no control whatsoever. In the last six months prices have risen twice. And…
From Flood To Trickle
Large advertisements in Delhi newspapers-last fortnight announced that Mother Dairy was being forced to dilute the fat content of milk supplied to the capital’s citizens…
Interview: Anil Agarwal
“Everybody is going to die, but I am going to die last.” He started out as a scrap trader in Patna. Today, with a personal…
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…
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…
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,…
Glass Half-Full?
We can hope that in the run-up to the next general election we will not suffer the type of jolts to our nervous systems that…
FUTURE TENSE
So let’s see: 2018 is supposed to be a good year for India. We have low inflation, the monsoon may be normal, manufacturing is finally…
Jaat Kahan Ho
It is Useful to remind ourselves about how infinitesimal we are in the cosmic order. As we methodically destroy our planet, it is unlikely we…
Waterless World
Time was when ‘Glacial Speed’ used to mean ‘very, very slowly’. That has changed forever. We know that our planet is warming. New research shows…