Once described as giver of “stability,” the Bangko Sentral ng Pilipinas (BSP), or the Philippine central bank, has tightly guarded the local financial system and inflation during the past six years of overflowing credit in the country. It was not an easy job: 24 positive credit rating actions that allowed the Philippines to move up to investment grade lured ...

Aaron Karp SPECIAL TO EMIRATES BUSINESS The report that Air Chief Marshal Arup Raha, India’s 61-year-old Air Force chief, capped a tour of Sweden with a flight in a Saab Gripen-D on June 10 comes a crucial moment in Indian security planning. Just a few weeks before, when Saab unveiled the Gripen-E fighter, the significance was easy to miss. The ...

  Therese Raphael Though it is only days after the worst mass shooting in U.S. history, Americans aren’t too numb to share a sense of solidarity with Britain over the murder of the Labour Party politician Jo Cox. Former U.S. Representative Gabby Giffords, who was shot by a would-be assassin in 2011, summed up the reaction of many with a ...