Senate President Juan Miguel Zubiri (Facebook) There is no such thing as legislation via "Viber". The Makabayan bloc in the House of Representatives had this to say after learning that the Senate, led by Senate President Juan Miguel "Migz" Zubiri, had revised the controversial Maharlika Investment...
Senate President Juan Miguel “Migz” Zubiri signed the controversial Maharlika Investment fund (MIF) bill in Washington, DC, on Wednesday, June 21. He also signed the Estate Tax Amnesty Extension Act, and the act recognizing Baler, Aurora, as the birthplace of Philippine Surfing. Zubiri...
Former senator Franklin Drilon on Wednesday, June 14 warned that the proposed Maharlika Investment Fund (MIF) Act clearly and explicitly prohibits state-run pension and insurance funds from investing in the MIF, as stated by Congress. Former senator...
Senator Mark Villar on Thursday, June 8 said there are about 97 high-impact projects that the proposed Maharlika Investment Fund (MIF) can finance once the bill is approved into law by President Ferdinand “Bongbong” Marcos Jr. ...
Senate Minority Leader Aquilino “Koko” Pimentel III on Thursday, June 8, said that the only viable course of action for Congress to fix some serious errors in the “hastily-approved” Maharlika Investment Fund (MIF) bill is to recall its approval and bring it back to the plenary session for...
Congress is prepared to exercise its oversight role should state economic managers “deviate” from the original intention and “spirit” of the proposed Maharlika Investment Fund (MIF) Act. Senate Majority Leader Joel Villanueva stressed this point in a press briefing at the Senate, saying...
The Executive Department is not allowed to alter the final version of the proposed Maharlika Investment Fund (MIF) bill, Sen. Risa Hontiveros said on Tuesday, June 6. Hontiveros pointed this out following Finance Secretary Benjamin Diokno’s statement that the Government Service Insurance System...
Senate Committee on Banks, Financial Institutions and Currencies chairman Senator Mark Villar projected that a possible 8.6 percent return on equity every year in the next 10 years can be generated by the MIF. Senator Mark Villar...
The controversial Maharlika Investment Fund (MIF) would not be hindered by the absolute prohibition of access to the state pension funds, National Economic Development Authority (NEDA) Secretary Arsenio Balisacan said. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
Albay 1st district Rep. Edcel Lagman (Screenshot from Zoom) Independent minority congressman and Liberal Party (LP) President Edcel Lagman says the Maharlika Investment Fund (MIF) Bill is constitutionally sound, but that still doesn't make it a good idea. Lagman, Albay's 1st district...
State economic managers should make sure that the Maharlika Investment Fund (MIF) would be well-accounted for by making sure that all safeguards under the bill would be enforced thoroughly. Go made the call following Congress' approval of the MIF bill. The bill is now up President Ferdinand...
Senate Minority Leader Aquilino “Koko” Pimentel III called on President Ferdinand “Bongbong” R. Marcos Jr. to veto the recently passed Maharlika Investment Fund (MIF) bill and return it to Congress for rectification. “The bill, in its current form, is not acceptable. I am calling on the...
