Asia must guard against repeat of 1997 financial crisis: Philippine central bank chief
Asian countries must remind themselves about what happened during the region’s financial crisis in the late 1990s and guard against a recurrence of such shocks, the head of the Philippine central bank said on Wednesday. Before the Asian financial crisis started in 1997, regional economies saw huge capital inflows that prompted the World Bank to describe it as the “East Asian miracle”, Eli Remolona, governor of the central bank, said in an International Monetary Fund panel on the outlook for the...
Read full articleMORE NEWS
Education award recipients share innovative ideas
Education award recipients share innovative ideas
Motorcyclist held for road rage attack on Bangkok woman
Motorcyclist held for road rage attack on Bangkok woman
Anutin leaves door open to third coalition partner
Anutin leaves door open to third coalition partner
Israeli accused of making sex videos after serving drug-laced cake
Israeli accused of making sex videos after serving drug-laced cake
Woman and child saved from knife-wielding hostage taker
Woman and child saved from knife-wielding hostage taker
Relocation aid offered to Uthenthawai students and staff
Relocation aid offered to Uthenthawai students and staff
Bangkok seeks to keep control of southern peace process
Bangkok seeks to keep control of southern peace process