Philippines President Top List of Economies Leader for APEC - CEO Summit 2011

2011 APEC CEO Summit – November 12, 2011 08:00 am to 11:00 pm at the Sheraton Waikiki – 2255 Kalakaua Avenue, Honolulu, Oahu, Hawaii 96815 USA

The APEC CEO Summit is the Asia-Pacific’s premier business event, drawing thousands of economic and business leaders from around the region and beyond.The 2011 CEO Summit will provide unparalleled opportunities for business executives to engage in dialogue with global leaders and ministers of foreign affairs and trade, discover business opportunities through networking with CEOs from hundreds of top Asia-Pacific companies, and to forge connections with economic thought leaders from around the region and the world.

President Barack Obama, President Hu Jintao of China, President Medvedev of Russia, President Yudhoyono of Indonesia, among other APEC Leaders are anticipated to join the world’s top CEO’s and thought leaders in engaging discussions on the issues that matter most to the future of business. Expected participants include:

Leaders/Government:

1.      President Benigno Aquino – The Philippines

2.      President Felipe Calderon – Mexico

3.      Prime Minister Julia Gillard – Australia

4.      Prime Minister Stephen Harper – Canada

5.      President Hu Jintao – People’s Republic of China

6.      Prime Minister H.S. Lee – Singapore

7.      President Dmitry Medvedev – Russian Federation

8.      President Lee Myung-bak – Republic of Korea

9.      President Truong Tan Sang – Vietnam

10. President Susilo Bambang Yudhoyono – Indonesia

Chairmen and CEOs:

1.      Shai Agassi, CEO, Better Place

2.      Glenn Britt, CEO, Time Warner Cable

3.      Wes Bush, CEO, Northrop Grumman

4.      Roger Crook, CEO, DHL Express

5.      Ning Gaoning, CEO, COFCO

6.      Carlos Slim Helu, President, Grupo Carso

7.      Jay Johnson, CEO, General Dynamics

8.      John Lechleiter, CEO, Eli Lilly & Co.

9.      Wang Lili, Executive Vice President, Industrial and Commercial Bank of China

10. Ziyavudin Magomedov, Chairman of the Board, Summa Capital Ltd.

11. Alexey Miller, CEO, Gazprom

12. Dennis Nally, CEO, PwC

13. Doug Oberhelman, CEO, Caterpillar

14. John Rice, Vice Chairman, General Electric

15. Eric Schmidt, Executive Chairman, Google

16. Bob Stevens, CEO, Lockheed Martin

17. Hong-Tu Tsai, Chairman, Cathay Financial Holdings & Cathay Life Insurance Co., Ltd.

18. Cher Wang, Chairman, VIA Technologies, Inc., HTC Corp. Chander Electronics Corp

19. William Weldon, CEO, Johnson & Johnson

20. Hiromasa Yonekura, Chairman, Sumitomo Chemical and Chairman, Keidanren

21. John Chen, Chairman and CEO, Sybase

Thought leaders:

1.      Luis Alberto Moreno, President, IDB

2.      Haruhiku Kuroda, President, Asian Development Bank

3.      Pankaj Ghemawat, Author, World 3.0

4.      Fan Gang, Professor of Economics, Beijing University and the Chinese Academy of Social Sciences, Director, China’s National Economic Research Institute

Source: http://www.alohaupdate.com/event/honolulu-2011-apec-ceo-summit-2/

Microsoft to host – President Aquino in APEC-CEO Summit

MANILA, Philippines — President Benigno Aquino III will be hosted by Microsoft's Chief Research and Strategy Officer Craig Mundie when the former attends the Asia-Pacific Economic Cooperation (APEC) Chief Executive Officer (CEO) Summit to be held in Honolulu, Hawaii from November 10 to 12.

President Aquino is the only head of state to be invited to attend the Asia-Pacific's premier business event, drawing thousands of economic and business leaders from around the region and beyond.

In a press briefing held in Malacañang Friday, newly appointed Foreign Affairs Undersecretary for International Economic Relations Laura del Rosario said the Philippines has been chosen by Microsoft as the only APEC member economy to attend an open forum with top CEOs from other member countries.

The details of Microsoft's interest in the country remain sketchy but it is generally believed that the software giant wants a stake in the Philippines' IT infrastructure.

President Aquino will also lead the Philippine delegation at the APEC Leaders’ Week in Honolulu, Hawaii from November 8 to 13.

Joining him in the Philippine delegation are Foreign Affairs Secretary Albert F. del Rosario, Trade and Industry Secretary Gregory L. Domingo and Finance Secretary Cesar V. Purisima.

Hosted by the United States, APEC 2011 is working towards the achievement of a "seamless regional economy.”

At the Concluding Senior Officials’ Meeting and the Ministerial Meetings leading up to the Leaders’ Meeting, the Philippine delegation will present and push for the Philippine positions in line with the three priorities of APEC 2011.

This includes strengthening regional economic integration and expanding trade by advancing "next-generation" trade and investment issues; promoting green growth and fostering job creation in green industries; and expanding regulatory cooperation and advancing regulatory convergence.

At the 19th APEC Economic Leaders’ Meeting (AELM) on November 13, the Leaders are free to engage in the most relevant issues facing them. The issues notionally set for the meeting include growth and jobs, regulatory reform and competitiveness, and energy efficiency and energy security.

President Aquino will also participate in the APEC Business Advisory Council (ABAC) Dialogue with leaders, which is a key feature of the AELM.

This dialogue gives ABAC members the opportunity to meet with the APEC Leaders to discuss the entire year’s ABAC work program and to raise issues of pressing concern to the business community.

ABAC Philippines is represented by A. Magsaysay Inc. President and CEO Doris Magsaysay Ho, Jollibee Foods Corporation Chairman and CEO Tony Tan Caktiong, and Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala.

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POEA- Philippines government disclosed 41 countries ban for OFW deployment and 125 OK

The new list of countries that comply with Philippine government standards that protect overseas Filipino workers (OFW) does not include six top OFW destinations.

The Philippine Overseas Employment Administration (POEA) released two board resolutions on Wednesday November 02, 2011 — one that approves OFW deployment to 76 countries and another that bans OFWs from 41 nations.

The countries were classified according to Republic Act 10022, or the amended Migrant Workers Act.

However, six of the top ten destinations for OFWs were not found on both lists. These include:

1.      Kingdom of Saudi Arabia (KSA), the top OFW destination in 2010;

2.      United Arab Emirates (UAE), the second in last year's top 10 destinations;

3.      Qatar (fourth);

4.      Singapore (fifth);

5.      Kuwait (sixth); and

6.      Bahrain (ninth)

According to the POEA, OFWs can still be sent to these countries, which would be subject to "further review and evaluation."

In May, the POEA’s Governing Board (GB) Resolution No. 2 listing 76 countries that were OFW-friendly.

Resolution No. 2 said, “In the meantime, the deployment of OFWs to these countries [not included in the list] shall continue except where deployment ban is in effect."

On Wednesday, POEA's Resolution No. 6 identified 49 more countries that were OFW-friendly.

Meanwhile, GB Resolution No. 7— also released on Wednesday— banned deployment to 41 countries.

Resolution No. 2 was issued around two months after RA 10022 lapsed into law. The list of OFW countries included:

4 countries in Africa;

21 in North and South America;

32 in Europe;

17 in Asia Pacific; and

2  in the Middle East.

Deployment ban

In an interview on dzBB radio, Department of Labor and Employment (DOLE) Secretary Rosalinda Baldoz said the ban will affect “a little over 200" OFWs, who can avail of the government’s integration program if they wish to return home.

The POEA is an attached agency of the DOLE.

Baldoz, who also heads the governing board that issued the resolutions, also said the countries on the list are not considered major receiving countries.

Many of the OFWs in these countries will not be affected by the ban since they were deployed by globally operated companies, she added.

OFW-friendly

According to Section 3 of RA 10022, “the State shall allow the deployment of overseas Filipino workers only in countries where the rights of Filipino migrant workers are protected."

The section provides that the Philippines will allow deployment if the host country:

·        has existing labor and social laws protecting the rights of workers;

·        is a signatory to and/or a ratifier of multilateral conventions, declarations or resolutions relating to the protection of workers; and

·        has conducted a bilateral agreement or arrangement with the government on the protection of the rights of OFWs.

The POEA will publish the resolutions in two newspapers of general circulation and will take effect 15 days after publication.

In a statement issued on Tuesday, Baldoz said, "GB Resolution No.7, specifies a list of 41 countries where OFWs cannot be deployed for non-compliance with the guarantees required under R.A. 10022."

Baldoz said the Philippine government can consider as 'compliant' countries taking positive, concrete measures to protect the rights of migrant workers based on the provisions of RA 10022.

She clarified that non-compliant countries may push for bilateral agreements with the Philippines to address the "non-compliances."

She also said Filipino workers can still be deployed to companies with international operations in non-compliant "unless there is an existing ban to that country.

The Philippine government has an existing deployment ban to conflict affected countries like Lebanon, Nigeria, Somalia, Syria and partial ban to Iraq and Afghanistan.

The Philippine Overseas Employment Administration (POEA) showed on Wednesday the list of 41 countries where overseas Filipino workers (OFWs) cannot be deployed or ban for deployment.

The list includes prohibited prime destinations like (Ban of Deployment of OFWs or OFW is not allowed to work in the following countries :)

1.      Afghanistan

2.      Lebanon

3.      Libya.

Aside from these three major OFW destinations, other non-compliant countries included

4.      Antigua and Barbuda

5.      Barbados

6.      Cambodia

7.      Cayman Islands

8.      Chad

9.      Croatia

10. Cuba

11. Democratic People’s Republic of Korea or North Korea

12. Dominica

13. East Timor or Timor Leste

14. Eritrea

15. Haiti

16. India

17. Iraq

18. Kyrgyzstan or Kyrgyz Republic

19. Lesotho.

20. Mali

21. Mauritania

22. Montenegro

23. Mozambique

24. Nauru

25. Nepal

26. Niger

27. Pakistan

28. Palestine

29. Serbia

30. St. Kitts and Nevis

31. St. Lucia

32. St. Vincent and Grenadines

33. Sudan

34. Swaziland

35. Tajikistan

36. Tonga

37. Turks and Caicos

38. Tuvalu

39. US Virgin Islands

40. Vanuatu

41. Zimbabwe.

Meanwhile, POEA also issued the list of 49 compliant countries on Wednesday, which means OFWs are allowed to work in the following 49 countries which includes

1.      Armenia

2.      Bahamas

3.      Bangladesh

4.      Belarus

5.      Benin

6.      Bermuda

7.      Burkina Faso

8.      Burundi

9.      Cameroon

10. Cape Verde

11. Central African Republic

12. Comoros

13. Congo Republic

14. Cook Islands

15. Democratic Republic of Congo

16. Denmark

17. Equatorial Guinea

18. Fiji

19. Gabon

20. Gambia

21. Ghana

22. Grenada

23. Guinea

24. Guinea Bissau

25. Guyana.

26. Iceland

27. Ivory Coast or Cote d’Ivoire

28. Jordan

29. Kazakhstan

30. Liberia

31. Madagascar

32. Malawi

33. Malta

34. Mauritius

35. Morocco

36. Nigeria

37. Norway

38. Puerto Rico

39. Rwanda

40. Sao Tome and Principe

41. Senegal

42. Seychelles

43. Sierra Leone

44. Tanzania

45. Togo

46. Trinidad and Tobago

47. Tunisia

48. Uganda

49. Ukraine

This brings the total number of compliant countries to 125.

In order for the listed 41 listed countries to be open for OFW, those countries must have to comply the standard required by the Philippines government.

East Asian countries like Japan and South Korea who have a construction business in the 41 listed ban countries for OFW are not allowed to hire OFW for deployment to the above listed 41 ban countries like Engineers, Accountant, professionals  and any skilled Filipinos.

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