Senator Francis ‘’Chiz’’ Escudero said on Saturday, April 1, that the latest version of the proposal seeking to create the Maharlika Investment Fund (MIF) has better chances of getting Senate approval following key changes in the bill. Escudero said he already signed the committee report...
President Ferdinand "Bongbong" Marcos Jr. stressed the need to resolve the country's nutritional problems, saying it is critical in achieving socioeconomic development. Marcos underscored at the the national launch of the Philippine Multi-sectoral Nutrition Project (PMNP) at the Manila Hotel on...
Senate Minority Leader Aquilino "Koko" Pimentel III said he would vote against the Maharlika Investment Fund (MIF) bill because it has no justification at all. He questioned why the bill abandoned the sovereign fund concept of MIF to compete with the investible funds of other government financial...
The prosposed Maharlika Investment Fund (MIF) and economic Charter change (Cha-cha). House Speaker Martin Romualdez highlighted these two "promising" measures during his speech Tuesday, March 21 at the luncheon meeting with ambassadors of the Asia-Pacific Parliamentary Forum (APPF)-member-countries...
Batangas 6th district Rep. Ralph Recto made a strong pitch Monday, March 13 for government to prioritize the construction of additional cold storage facilities that farmers could use to prolong the shelf life of their produce. For context, Recto, a deputy speaker, cited the government's willingness...
The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...
The investment pledges across multiple sectors that President Ferdinand "Bongbong" Marcos has secured during his visits to various countries have begun taking shape, Malacañang said. President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard Philippine Airline Flight PR001. Citing a...
The Marcos administration has been aggressively promoting the country's priority sectors, such as green, innovative, and sustainable manufacturing and services, to attract more foreign investors, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Citing...
President Ferdinand "Bongbong" Marcos Jr. said that the memoranda of understanding (MOUs) signed during his 10 trips abroad have started to bear fruit, noting that his foreign trips have generated P3.48 trillion in investments thus far. President Ferdinand ‘Bongbong’ Marcos Jr. talks to the...
The Philippine Statistics Authority (PSA) reported that committed foreign investments last year went up 25 percent as the local economy reopened after the prolonged pandemic. Data from the PSA showed Thursday, Feb. 16, that the total approved foreign investments reached P241.89 billion in January...
Senators on Wednesday, February 15 pressed state economic managers to provide the Senate more details on all the projects that would be funded by the proposed Maharlika Investment Fund (MIF) bill. This, after senators noted the lack of business plan the Marcos administration has to pursue the MIF...
