Senator Grace Poe favors the sale of non-performing or problematic government assets to fund the Maharlika Investment Fund (MIF). Poe thinks the private sector might handle these assets better as they are said to be riddled by corruption or are mismanaged. She advised that the sale should be done...
Manulife launches 2 new UITFs By JAMES A. LOYOLA Manulife Investment Management and Trust Corporation has launched two new unit investment trust funds (UITFs), Manulife Asia Short Duration Bond Feeder Fund and Manulife Global Dynamic Leaders Equity Feeder Fund. In a statement, the firm said...
Senate Minority Leader Aquilino Pimentel III said on Thursday, January 26, he is saddened that his motion to refer the controversial Maharlike Investment Fund (MIF) bill to the Senate Committee on Government Corporations and Public Enterprises was not considered by his colleagues. Pimentel had...
The Senate on Wednesday, January 25 referred the controversial Maharlika Investment Fund (MIF) bill to the Senate Committee on Banks chaired by Sen. Mark Villar. This was after majority of the members of the Senate unanimously voted down a motion to refer the controversial MIF bill to the Senate...
CEBU CITY -- Several residents in Lapu-Lapu City have sought the help of their mayor after they lost millions to an investment that turned out to be a scam. The person who is allegedly behind the scam is a resident of Barangay Maribago whose wife works at the Lapu-Lapu City Hall. The identity of...
Senator Risa Hontiveros on Tuesday, January 24 said she is pleased to know that President Ferdinand “Bongbong” Marcos Jr. has reservations on the new “re-engineered” version of the proposed Maharlika Investment Fund (MIF). Marcos, in a recent interview, has expressed his doubts on the idea...
President Ferdinand "Bongbong" Marcos Jr. on Monday allayed the concerns of the public regarding the possible establishment of the Maharlika Investment Fund as he said the money that will come from Filipinos will not sleep but will be used for investments. "Hindi 'yun basta't, oh sige, bigyan niyo...
President Ferdinand “Bongbong” Marcos Jr.’s eight foreign trips in seven months might be more than most of his predecessors did, but he is confident that at least one Memorandum of Understanding (MOU) signed is enough to compensate such trips. President Ferdinand “Bongbong” Marcos Jr....
Senator Mark A. Villar has filed the counterpart measure to House Bill No. 6608 or the bill that seeks the establishment of the Maharlika Investment Fund (MIF). Villar, chairman of the Senate banks committee, identified the sources of funds for the controversial MIF under Senate Bill No. 1670 which...
Senator Sherwin Gatchalian on Sunday, January 22 said he is open to having discussions on the proposed Maharlika Investment Fund (MIF) that the current administration has already formally launched before global investors during President Ferdinand “Bongbong” Marcos Jr.’s participation in the...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said he was leaving it to Congress to decide on the final form of the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. Marcos said this after House Ways and Means Committee Chairperson Joey Salceda...
President Ferdinand "Bongbong" Marcos Jr. has tapped Robinsons Land President and Chief Executive Officer Frederick Go as presidential adviser on investment and economic affairs. This was announced by Presidential Communications Office Secretary Cheloy Garafil on Friday night, Jan. 20. She added...
