Newly appointed Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. rebuffed revelations that he had a pending fraud case filed against him and his mother that could put into question his appointment to the investment fund. Maharlika Investment Corp. President...
Manila 5th District Rep. Irwin Tieng (left), Zamboanga City 2nd district Rep. Mannix Dalipe (Facebook More high-ranking congressmen have welcomed the finalized implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF). House Committee on...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) There are many reason why Albay 2nd district Rep. Joey Salceda thinks Rafael Jose “Joel” Consing is an "excellent fit" for the job of president and chief executive officer (CEO) of the Maharlika...
Rafael Consing Jr., the newly appointed president and chief executive officer of the Maharlika Investment Corp. (MIC), defended the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF), insisting that “flexibility” must be assured to create its audit and...
(MANILA BULLETIN) House Senior Deputy Speaker Aurelio “Dong” Gonzales Jr. believes that Malacañang has created the "ultimate safeguard" to the Maharlika Investment Fund (MIF) with the finalization of the implementing rules and regulations (IRRs) for the law....
The Department of Finance (DOF) said on Monday, Nov. 13, that the revisions introduced to the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) act are within the bounds of the law. In a statement, the DOF affirmed the legality of the newly revised IRR for the...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/ MANILA BULLETIN) House Speaker Martin Romualdez has hailed President Marcos' decision to maintain the independence of the Board of Directors of the Maharlika Investment Corporation (MIC). "This move...
Monetary Board Member Rosalia De Leon said President Marcos wanted the Board of the Maharlika Investfund Corporation (MIC) to be "insulated from political influence and considerations" when looking for its officers. Monetary Board Member Rosalia De Leon (file) De Leon said this after Malacañang...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda says its now time to "move forward" following the issuance of the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MiF). "Now...
The President now has more flexibility in choosing the key manager for the Maharlika Investment Corp. (MIC), while some of the requirements for the president and chief executive officer (PCEO) have been relaxed. The revised rules of the Maharlika Investment Fund (MIF) act now grant the President...
President Marcos now has the power to reject nominees to the Board of Directors of the Maharlika Investment Corporation (MIC) based on the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang file...
The Senate Committee on Finance should consider banning the use of contingency funds to increase the confidential and intelligence funds (CIF) of civilian agencies under the proposed national budget for 2024. Sen. Risa Hontiveros suggested this to Sen. Juan Edgardo “Sonny” Angara...
