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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 247132 [Title] => CalPERS decision a vote of confidence in RP GMA [Summary] => The decision of the California Public Employees Retirement System (CalPERS) to retain the Philippines in its list of "permissible emerging markets" for investments can be considered a "vote of confidence" for the Filipino people, President Arroyo said yesterday.
In an official statement issued at the Palace, President Arroyo said the CalPERS decision gave credit to the Filipinos themselves.
[DatePublished] => 2004-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097308 [AuthorName] => Marichu A. Villanueva1 [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 201328 [Title] => CalPERS pulls out of Asean; RP fate hangs [Summary] => The US-based California Public Employees Retirement System (CalPERS) has completely liquidated some $1.1- billion worth of assets in Indonesia, Malaysia and Thailand but its investment in the Philippines still hangs on a balance as the government finalizes its report disputing the funds decision to classify the country as non-eligible for its investments.
CalPERS reported this week that it has completed the realignment of its investments in emerging markets where Southeast Asian countries accounted for 9.5 percent of the assets marked for liquidation.
[DatePublished] => 2003-04-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INVESTMENT COMMITTEE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 247132 [Title] => CalPERS decision a vote of confidence in RP GMA [Summary] => The decision of the California Public Employees Retirement System (CalPERS) to retain the Philippines in its list of "permissible emerging markets" for investments can be considered a "vote of confidence" for the Filipino people, President Arroyo said yesterday.
In an official statement issued at the Palace, President Arroyo said the CalPERS decision gave credit to the Filipinos themselves.
[DatePublished] => 2004-04-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097308 [AuthorName] => Marichu A. Villanueva1 [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 201328 [Title] => CalPERS pulls out of Asean; RP fate hangs [Summary] => The US-based California Public Employees Retirement System (CalPERS) has completely liquidated some $1.1- billion worth of assets in Indonesia, Malaysia and Thailand but its investment in the Philippines still hangs on a balance as the government finalizes its report disputing the funds decision to classify the country as non-eligible for its investments.
CalPERS reported this week that it has completed the realignment of its investments in emerging markets where Southeast Asian countries accounted for 9.5 percent of the assets marked for liquidation.
[DatePublished] => 2003-04-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Marichu A. Villanueva1 | April 22, 2004 - 12:00am
By Des Ferriols | April 3, 2003 - 12:00am
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