Word: hong
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Dates: during 1980-1989
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President Corazon Aquino receives visitors in the second-floor bedroom of a guesthouse at Malacaang Palace. Last week, when the new leader welcomed TIME's Hong Kong bureau chief Sandra Burton, a close observer of Aquino's career since their first meeting more than two years ago, the President was in her office with her daughter and personal secretary nearby. Discussing her first twelve weeks in power, Aquino was as animated and forthright as ever. Excerpts from their talk...
...appear to Western eyes to be the most formally Japanese. They have the reckless ebullience of decade-old Miyake, and they use the sort of unconventional material (like fishing line) that has been associated with the cutting edge in Tokyo. You can buy them in New York and Chicago, Hong Kong and Kuwait, but, Hishinuma says with some bemusement, they are "avant-garde and not very commercial," so they are not for sale in Japan. "People are afraid of certain outfits," he observes, talking in his one-room studio below a Tokyo back street. "They think, 'This is too loud...
...John Kohan Rome: Erik Amfitheatrof, Sam Allis, Wilton Wynn Eastern Europe: Kenneth W. Banta Moscow: James O. Jackson Jerusalem: Roland Flamini Middle East: Dean Fischer Cairo: John Borrell Bahrain: Barry Hillenbrand Nairobi: James Wilde Johannesburg: Bruce W. Nelan New Delhi: Ross H. Munro Bangkok: James Willwerth Peking: Richard Hornik Hong Kong: Sandra Burton, Bing W. Wong Tokyo: Edwin M. Reingold, Yukinori Ishikawa Melbourne: John Dunn Canada: Peter Stoler, Ed Ogle Caribbean: Bernard Diederich Mexico City: Harry Kelly, Laura Lopez Rio de Janeiro: Gavin Scott...
...many Americans with foreign wanderlust, new destinations beckon. Qantas, the Australian airline, has had a 40% increase in U.S. passengers during the past twelve months. Hong Kong, Singapore and other Asian locales expect to see more Americans as well, although the surging value of the yen has aggravated Japan's already steep prices for foreigners. African countries, most of which can sorely use tourist dollars, should also get a boost. During the first two months of this year, Pan Am carried 4,800 Americans to Africa, about 10% more than in the same period last year. South American countries, notably...
Although open to all, the offer is aimed at jittery Hong Kong residents who might want to flee the coming of Chinese rule in 1997. Esquivel has already appointed an honorary consul to process applications there. He predicts that Belize will sell about 400 bonds at $25,000 each this year. Half the money will go to buy bonds backed by U.S. securities, which will eventually repay the investment. The remaining $5 million will go directly into the national treasury...