The Senate has approved its final version of the proposed Maharlika Investment Fund (MIF) Act on third and final reading early Wednesday, May 31. Senate President Juan Miguel “Migz” F. Zubiri poses for photo with his colleagues during the marathon session early morning Wednesday, May 31,...
Senator Mark A. Villar, author of Senate Bill 2020, also known as the Maharlika Investment Fund (MIF) bill, is confident that the measure would be approved on third reading this week. “We have carefully studied and analyzed the MIF bill. We made revisions and added more safeguards to ensure that...
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...
The extension of the SIM card registration last April would serve as the “last chance” for scammers to register numbers and come up with new methods, Department of Information and Communications Technology (DICT) Secretary Ivan John Uy said on Tuesday, May 16. Subscriber Identity Module (SIM)...
United States (US)-based solar energy firm Maxeon plans to make a $900 million solar energy investment in the Philippines that would create an estimated 3,000 jobs. (Photo from the Presidential Communications Office) The company, which operates under the name of Sunpower Philippines Manufacturing...
Senator Sherwin Gatchalian on Sunday, April 30 pushed for the passage of the bill that seeks to strengthen local vaccine development through the creation of the Virology and Vaccine Institute of the Philippines. Under Senate Bill No. 941, or the proposed Virology and Vaccine Institute of the...
Senate President Pro Tempore Loren Legarda has reiterated the importance and urgency of passing Senate Bill 240, or the Zero Food Waste Act of 2022 following a recent report of the Philippine Rice Research Institute's (PhilRice) recent report on the alarming P7.2 billion worth of rice wasted in the...
