philippine news

Protect women — CHR

by Joel dela Torre
from People’s Journal

MARKING the United Nations Day for Women and International Peace today, the Commission on Human Rights called on government to improve protection and programs for the rights of women.

The CHR said … Read the rest

RP gets high marks from CalPERS

Paolo Romero
The Philippine Star

The Philippines posted the highest rate of improvement among 27 emerging markets evaluated by the California Public Employees Retirement System (CalPERS), the United States’ biggest pension fund, Malacañang announced yesterday.

In his memorandum to President … Read the rest

CalPERS lifts RP rating (Country rates higher than China)

Manila Times

CalPERS (California Public Employees’ Retirement Fund), the US’s largest pension fund and a top global leader in the investment industry, has raised its rating of the Philippines, placing the country above China, India, Malaysia, Thailand and Indonesia.

The … Read the rest

PSE confident Calpers will retain RP as investment site

Zinnia De La Peña
The Philippine Star

The Philippine Stock Exchange has expressed confidence that the Philippines will be retained in the largest US pension fund’s list of investment destinations given the government’s firm resolve to introduce wide-ranging economic and … Read the rest

CalPERS to start review of RP business climate

Elizabeth L. Sanchez and Doris C. Dumlao
Inquirer

THE PHILIPPINES IS SEEN WALKING ON A tightrope when America’s biggest pension fund, the California Public Employees’ Retirement System (CalPERS), starts its review of the country’s investment climate in November.

CalPERS has … Read the rest

EU to enforce new GSP starting next year

Marianne V. Go
The Philippine Star

The European Union will enforce a new Generalized System of Preferences (GSP) starting January next year up to December 2008.

However, the Philippines is still not qualified under one of the three new EU … Read the rest

Gap’s Factory Inspections Uncover Abuses

MICHAEL LIEDTKE AP Business Writer
Find Law, Legal News and Commentary

(AP) – SAN FRANCISCO-Gap Inc.’s continuing crackdown on labor abuses at the overseas factories making the retailer’s clothes identified hundreds of plants engaged in a wide range of unsavory … Read the rest

CalPERS to RP: Get your act together

Arnold S. Tenorio
The Manila Times

THE United States’ biggest pension fund has given the Philippine government another chance for it to improve its rating and avert the country’s removal from the fund’s list of acceptable investment sites.

A government … Read the rest

Gov’t urges CalPERS to reconsider RP score

Arnold S. Tenorio
The Manila Times

THE Department of Finance is urging the United States’ biggest pension fund to revise upwards the Philippines’ score in order to meet the fund’s criteria for permissible investment sites.

In a letter sent to … Read the rest

Contracting illegal workers not alien to Wal-Mart Corp.

Adam Geller
Manila Times

NEW YORK—The first clue came when police investigating an apartment burglary in the eastern Pennsylvania town of Honesdale picked up a young Russian immigrant who worked nights cleaning floors at the local Wal-Mart Super-center.

Vladimir Blinov … Read the rest

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