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  • Sep 21, 2014
  • Updated: 1:40am

Joseph Estrada

Chase gives Philippines bearish view

Beleaguered Philippine stocks are unlikely to get much joy from the economy next year, according to Chase Manhattan Bank.

Monday, 18 December, 2000, 12:00am

Philippines under trial

Guillermo Luz, executive director at Makati Business Club, is a worried man. The senior official from one of the Philippines' leading forums for business says the economy is being badly hurt by the impeachment crisis that has enveloped the administration of President Joseph Estrada.

5 Dec 2000 - 12:00am

How Estrada saved the day

This week's award for getting it the wrong way round goes to Philippine economic planning secretary Felipe Medalla who says that he would bet his salary on 4 per cent economic growth for his country this year were it not for certain political events.

30 Nov 2000 - 12:00am

Church and rich lead attacks on Estrada

Much mud had been flung at Philippines President Joseph Estrada. This vilification is not entirely justified. Mr Estrada is a populist and his concern for the downtrodden is well known to me personally. There are numerous instances where he has visited the needy and sick.

16 Nov 2000 - 12:00am

Time running out

EMBATTLED Philippines President Joseph Estrada appears increasingly to be a leader with out a political future. Each day brings more desertions from the ruling coalition, to the extent that an impeachment of the President is now certain.

5 Nov 2000 - 12:00am

News around the world on Monday, October 30, 2000

CHINA

Well-off Beijingers are preparing for the onset of the influenza season by taking an expensive vaccination costing about 160 yuan (HK$150).

Last year, 700,000 people queued for the injections because of the devastating epidemic which started in the winter of 1998 and infected at least a million people in the capital.

31 Oct 2000 - 12:00am

Estrada saga hides the real tale

The crisis talk is in full swing in Manila again. Look at the peso drop. If it crosses 50 to the US dollar, say the pessimists, there will be no stopping it and we will have another Indonesian-style collapse on our hands.

17 Oct 2000 - 12:00am

Estrada can claim innocence

Spare a moment of sympathy for Philippine President Joseph Estrada, an actor whose more recent career as a politician has not gone to script.

There he sits in the Malacanang Palace, head in hands probably, wondering whether he alone is truly to blame, as almost everyone says he is, for the fact that the Philippines has been the most sluggish economy in Asia recently.

25 May 2000 - 12:00am

Stanley Ho to defy crime link inquiry

Casino tycoon Stanley Ho Hung-sun says he will refuse to attend a top-level hearing in the Philippines investigating his alleged links to organised crime after branding the process an 'insult'.

And the Macau gambling chief said he might still drop his investments in the country despite President Joseph Estrada's 'sincere and agreeable' invitation.

4 Feb 2000 - 12:00am

Estrada propels market reform

The government's recent overhaul of the housing administration system and its new housing initiatives bode well for the country's mass housing sector in the long term, according to Salomon Smith Barney.

Short-term recovery might be delayed by the recent resignation of key officials, it warned.

24 Nov 1999 - 12:00am