The Senate minority bloc is pushing for an “iron-clad” provision in the Senate’s version of the proposed Maharlika Investment Fund (MIF) Act to guarantee that pension funds in the Government Service Insurance System (GSIS) and the Social Security System (SSS) would not be compromised in the...
Senator Francis “Chiz” Escudero on Friday, May 26 expressed concern that the proposed Maharlika Investment Fund (MIF) bill will have the potential to deplete the funds of the two government banks, despite the positive projections aired by state economic managers. Sen. Francis “Chiz”...
The justification for the immediate passage of the Maharlika Fund is too convoluted and vague, so said Sen. Risa Hontiveros. Hontiveros, in a statement on Thursday, slammed the certification of the Maharlika Investment Fund (MIF) bill. “It is still being pushed despite the fact that...
Senate President Juan Miguel “Migz” Zubiri on Thursday, May 25, expressed hopes that the House of Representatives would adopt the Senate version of the Maharlika Investment Fund (MIF) bill so that the two legislative chambers do not have go into a bicameral conference committee process....
President Ferdinand “Bongbong” Marcos Jr. has certified the proposed Maharlika Investment Fund (MIF) bill as urgent. Senate Bill No. 2020 is currently under the period of interpellations at the Senate. The President’s certification was read out by Senate Secretary Renato Bantug Jr. o...
The Maharlika Investment Fund (MIF) has entered the period of interpellation in the Senate. "Maganda po na madiscuss natin ang mga concerns ng ating mga kapwa senador (The discussion with my colleagues’ concerns were lively). From the start, we always wanted to scrutinize this bill. No better way...
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...
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, December 18 said the Senate minority bloc will make an attempt to block the passage of the proposed Maharlika Investment Fund (MIF) bill which they foresee to be a huge risk for the Philippines should it ever become a law. Pimentel...