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                (
                    [ArticleID] => 320079
                    [Title] => CalPERS decision to lead to sustained economic reforms
                    [Summary] => After getting a favorable rating from the California Public Employees Retirement Systems (CalPERS), government officials vowed to continue the ongoing financial and economic reforms to ensure that the economy would not backslide. 


Finance Secretary Margarito B. Teves said over the weekend that while the expanded value-added tax (EVAT) reform has been completed, other fiscal measures would be put in place to prevent another fiscal crisis that nearly precipitated a debt crisis. 


                    [DatePublished] => 2006-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 313083
                    [Title] => NG confident of RP retention in CalPERS portfolio
                    [Summary] => Government is confident the Philippines would get a favorable review when the California Public Employees Retirement System (CalPERS) evaluates its investment portfolio in January and decides whether to retain the country in its preferred list.


CalPERS, the biggest pension fund in the US, is expected to review its list of "permissible countries" in January based on the recommendation of third-party analysts which started taking their surveys this month.


                    [DatePublished] => 2005-12-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 296690
                    [Title] => No price increases from EVAT during holidays
                    [Summary] => The government assured yesterday no increases in transport fares and prices of basic commodities would occur during the holiday season with the implementation of the expanded value added tax (EVAT) law.


Energy Undersecretary Mel Ocampo said the Land Transportation Franchising and Regulatory Board (LTFRB) has already factored in the EVAT implementation on fuel products when it granted the fare hike petition of transport groups.


                    [DatePublished] => 2005-09-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 294144
                    [Title] => RP to present debt-for-equity plan to UN
                    [Summary] => The government will present Speaker Jose de Venecia’s ambitious debt-for-equity proposal with international lending institutions to the United Nations as a way of addressing the mounting debt problems of middle-income and poor countries.


Press Secretary Ignacio Bunye said President Arroyo will present the proposal to the United Nations Global Summit meeting in New York on Sept. 12-14. UN Secretary General Kofi Annan has endorsed the proposal.


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 282484
                    [Title] => Ombudsman to take off from Senate probe
                    [Summary] => Even as the Office of the Ombudsman is embarking on a separate investigation on the alleged jueteng payoff controversy, Ombudsman Simeon Marcelo said his investigators will be taking off from where the Senate inquiry has started.


"We’ll take off from there (Senate probe). But we’ll have to wait for it to be finished," Marcelo told The STAR.


He said if the witnesses in the Senate investigation will come forward, they "will feel comfortable with us" in filing their sworn statements and presentation of their evidence.


                    [DatePublished] => 2005-06-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
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)

FINANCE UNDERSECRETARY NOEL BONOAN

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                    [ArticleID] => 320079
                    [Title] => CalPERS decision to lead to sustained economic reforms
                    [Summary] => After getting a favorable rating from the California Public Employees Retirement Systems (CalPERS), government officials vowed to continue the ongoing financial and economic reforms to ensure that the economy would not backslide. 


Finance Secretary Margarito B. Teves said over the weekend that while the expanded value-added tax (EVAT) reform has been completed, other fiscal measures would be put in place to prevent another fiscal crisis that nearly precipitated a debt crisis. 


                    [DatePublished] => 2006-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
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                )

            [1] => Array
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                    [ArticleID] => 313083
                    [Title] => NG confident of RP retention in CalPERS portfolio
                    [Summary] => Government is confident the Philippines would get a favorable review when the California Public Employees Retirement System (CalPERS) evaluates its investment portfolio in January and decides whether to retain the country in its preferred list.


CalPERS, the biggest pension fund in the US, is expected to review its list of "permissible countries" in January based on the recommendation of third-party analysts which started taking their surveys this month.


                    [DatePublished] => 2005-12-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 296690
                    [Title] => No price increases from EVAT during holidays
                    [Summary] => The government assured yesterday no increases in transport fares and prices of basic commodities would occur during the holiday season with the implementation of the expanded value added tax (EVAT) law.


Energy Undersecretary Mel Ocampo said the Land Transportation Franchising and Regulatory Board (LTFRB) has already factored in the EVAT implementation on fuel products when it granted the fare hike petition of transport groups.


                    [DatePublished] => 2005-09-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 294144
                    [Title] => RP to present debt-for-equity plan to UN
                    [Summary] => The government will present Speaker Jose de Venecia’s ambitious debt-for-equity proposal with international lending institutions to the United Nations as a way of addressing the mounting debt problems of middle-income and poor countries.


Press Secretary Ignacio Bunye said President Arroyo will present the proposal to the United Nations Global Summit meeting in New York on Sept. 12-14. UN Secretary General Kofi Annan has endorsed the proposal.


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 282484
                    [Title] => Ombudsman to take off from Senate probe
                    [Summary] => Even as the Office of the Ombudsman is embarking on a separate investigation on the alleged jueteng payoff controversy, Ombudsman Simeon Marcelo said his investigators will be taking off from where the Senate inquiry has started.


"We’ll take off from there (Senate probe). But we’ll have to wait for it to be finished," Marcelo told The STAR.


He said if the witnesses in the Senate investigation will come forward, they "will feel comfortable with us" in filing their sworn statements and presentation of their evidence.


                    [DatePublished] => 2005-06-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

CalPERS decision to lead to sustained economic reforms

By Des Ferriols | February 5, 2006 - 12:00am

After getting a favorable rating from the California Public Employees Retirement Systems (CalPERS), government officials vowed to continue the ongoing financial and economic reforms to ensure that the economy would...

Business

NG confident of RP retention in CalPERS portfolio

By Des Ferriols | December 21, 2005 - 12:00am

Government is confident the Philippines would get a favorable review when the California Public Employees Retirement System (CalPERS) evaluates its investment portfolio in January and decides whether to retain the...

Business

No price increases from EVAT during holidays

By Aurea Calica | September 14, 2005 - 12:00am

The government assured yesterday no increases in transport fares and prices of basic commodities would occur during the holiday season with the implementation of the expanded value added tax (EVAT) law. Energy Undersecretary...

Headlines

RP to present debt-for-equity plan to UN

By Aurea Calica | August 30, 2005 - 12:00am

The government will present Speaker Jose de Venecia’s ambitious debt-for-equity proposal with international lending institutions to the United Nations as a way of addressing the mounting debt problems of middle-income...

Headlines

Ombudsman to take off from Senate probe

June 19, 2005 - 12:00am

Even as the Office of the Ombudsman is embarking on a separate investigation on the alleged jueteng payoff controversy, Ombudsman Simeon Marcelo said his investigators will be taking off from where the Senate inquiry...

Headlines