by Alex Magno from Philippine Star It’s pretty much like tearing off a limb to save one’s life. In the face of galloping inflation driven by unabated oil price increases, most economies have taken defensive measures by choosing to cut growth. The most obvious way of doing that is to raise interest rates. The European…
Asia News Network Inquirer.net KOTA KINABALU, Malaysia — A Philippines government suggestion that its citizens who have been in Sabah for a long time be accorded Malaysian permanent resident status has drawn opposition from state leaders. “Malaysia has its ways of dealing with illegal immigrants and as far as I know, this is not one…
by Bruce Einhorn and Mehul Srivastava from Business Week Trade talks broke down July 29 as India and China refused to bow to U.S. demands on agricultural subsidies It’s not often that China and India find themselves on the same side. They’re the world’s most populous countries and have two of the fastest-growing economies, but…