President Marcos has extended an invitation to business leaders in the Kingdom of Saudi Arabia in the hopes that they would recognize the various investment opportunities that the Philippines has to offer. (From left) President Ferdinand Marcos Jr. and Saudi Minister of Investment Khalid Alfalih...
Finance Secretary Benjamin E. Diokno said that despite the temporary suspension of its implementing rules, the Marcos administration will continue to seek investments from Saudi Arabia for the Maharlika Investment Fund (MIF). Diokno, who is part of President Marcos' official delegation to Riyadh,...
One of President's economic managers said the Marcos administration will carefully review every provision in the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. Budget Secretary Amenah F. Pangandaman said on Thursday, Oct. 19, that the economic managers align...
The Securities and Exchange Commission (SEC) is warning the public against dealing with three unlicensed businesses who have been soliciting unauthorized investments online. The SEC released advisories on its investigations of the entities identified as 888 Partners Corp. Budgetarian Online Shop,...
Before departing for Saudi Arabia, President Marcos clarified that the implementation of the Maharlika Investment Fund will proceed as planned this year. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) The suspension of its implementing rules and regulation (IRR) was only made to find...
Albay 1st district Rep. Edcel Lagman (Screenshot from Zoom) Independent minority solon Albay 1st district Rep. Edcel Lagman said on Wednesday, Oct. 18 that the controversial Maharlika Investment Fund (MIF) has yet to be saved by a foreign investor. ...
Deputy Speaker Gloria Macapagal-Arroyo (left), President Ferdinand "Bongbong" Marcos Jr. (PPAB, BBM Media Bureau) House Deputy Speaker and former president Gloria Macapagal-Arroyo says there's "nothing wrong" with supporting President Marcos' decision to...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Economist-solon Albay 2nd district Rep. Joey Salceda doesn't see any problem with the language of the Maharlika Investment Fund (MIF), but its implementing rules and regulations (IRR) could be a...
ACT Teachers Party-list Rep. France Castro (Rep. Castro's office) President Marcos' suspension of the implementation of the Maharlika Investment Fund (MIF) shows that it was "rushed and flawed". Thus, said House Deputy Minority leader and ACT Teachers...
President Marcos has suspended the implementation of the implementing rules and regulations (IRR) of the controversial Maharlika Investment Fund "pending further study." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos issued the suspension through a memorandum from Executive...
Malacañang has recalled the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) in order to make adjustments, specifically regarding the appointment of key managers. Sources told Manila Bulletin that the IRR of the law creating the MIF is temporarily halted in order to...
Germany and Japan are the top foreign investors in the Philippines from January to September this year, a Cabinet official said. (Photo courtesy of PCO) Trade Undersecretary Ceferino Rodolfo said Germany has the biggest investment pledges with 80 percent of the P427-billion foreign...