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Category Archives: Asia
Stop paying nuke plant debt, SC justice urges gov’t
(June 18, 2008) Supreme Court Associate Justice Reynato Puno has urged the government to consider stopping payments for loans that the late strongman Ferdinand Marcos borrowed to build the mothballed Bataan Nuclear Power Plant. Continue reading
AIDS for India
(March 19, 2008) World Bank and the government of India launch face-saving investigation after defective HIV/AIDS test kits, purchased with bank funds, are supplied by the Indian government to hospitals and blood banks across the country. Continue reading
Clearly Odious
(January 16, 2008) Reporting on Indonesia’s ex-president Suharto’s death watch, Canada’s National Post writer, Peter Goodspeed, paints a clear picture of how the people of Indonesia became saddled with a legacy of odious debts. Continue reading
Strike-out interest payments on questionable loans: Philippine debt watchdog
(December 17, 2007) Debt watchdog wants $512.57 million worth of foreign debt-related funds reallocated to social services. Continue reading
Analysis: Afghanistan at the Paris Club
(July 31, 2006) The Paris Club of creditor nations has granted Afghanistan a 67% debt cancellation worth US$1.6 billion; European NGO Eurodad notes, however, that Afghanistan’s debt to Russia is a potential source of contention. Continue reading
Prevent a man-made disaster
(June 23, 2006)”As Indonesia struggles to rebuild after this weekend’s devastating earthquake – striking less than two years after the 2004 tsunami – world leaders must move quickly to cancel Indonesia’s onerous debt burden. While donors pledge emergency assistance in the form of more loans to Indonesia, the country would be better served through full debt cancellation.” Continue reading
Posted in Asia, Indonesia
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KPCC to pursue SNC Lavalin issue
(February 17, 2006) President of the Kerala Pradesh Congress Committee Ramesh Chennithala termed the SNC Lavalin deal as the biggest scam in the history of Kerala. Continue reading
‘CPI-M leaders involved in Lavalin case’
(March 14, 2006) The Congress party has accused the central leadership of the Communist Party of India-Marxist (CPI-M) of involvement in a controversial deal with the Canadian firm SNC-Lavalin. Continue reading
