22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22, Reuter – The United States is committed to helping the Philippines achieve economic recovery by stepping up investments, keeping its doors open to imports, and maintaining the flow of aid, Ambassador Nicholas Platt said on Friday. He told a meeting of American…
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 up investments in the Asia-Pacific region, but the expansion has been tempered by a variety of obstacles in host countries and Japanese fears of an unchecked outflow of capital, a…
5 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 5 – The heads of national oil companies of the Association of Southeast Asian Nations (ASEAN) said firm world crude prices make the oil outlook for the near future optimistic, but they warned that regional cooperation must improve in order to meet a…
Chaitanya Kalbag, Reuters MANILA, Dec 13 – South-east Asian leaders gather in Manila this week to try to refurbish an organisation that has rarely moved from rhetoric to reality on its main goal of economic cooperation, analysts said. The threat of a recession in the United States, a slowdown in the world economy and rising…
14 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 14, Reuter – Spurred by shrinking markets and the spectre of global recession, the leaders of South-East Asia were poised on Monday to end two decades of sluggish economic growth with a ringing resolve to boost collective action. In a draft communique dominated…
14 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 14 – The Association of South East Asian Nations (ASEAN) criticised rising protectionism, called for new commodity agreements and urged creditors to ease the burden of foreign debt in a draft communique to be signed by leaders of the regional bloc. ASEAN officials…
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 by uncertain political and economic conditions, Malaysian Prime Minister Datuk Seri Mahathir Mohamad said on Monday. He told the opening meeting of the third Association of South East Asian Nations…
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 nearly a third of Japanese bilateral aid, has been steadily declining, figures from the Japanese Foreign Ministry show. Japanese Prime Minister Noboru Takeshita announced a two billion dollar ASEAN-Japan Development…
Chaitanya Kalbag MANILA, Dec 15 – Japanese Prime Minister Noboru Takeshita marked his first foreign trip by vowing to improve access to Japan for imports from South-East Asia and by formally announcing a two billion dollar package aimed at boosting the private sector and economic cooperation in the region. “With a view to contributing to…
Chaitanya Kalbag MANILA, Dec 15, Reuter- South-East Asia’s leaders cemented their alliance on Tuesday, ending a summit meeting with a declaration short on political contention and long on the urgency of forging economic unity. Political analysts said the smooth passage of the two-day Manila summit of the Association of South East Asian Nations had also served…