The Bureau of the Treasury has released the implementing rules and regulations (IRR) that will govern the Maharlika Investment Fund (MIF), paving the way for the official establishment of the country's first sovereign wealth fund. Now that the IRR has been officially published, it is worth...
The Bureau of the Treasury released the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) following comprehensive consultations with the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). Finance Secretary Benjamin E. Diokno said the...
CEBU CITY – Metro Cebu will certainly benefit from the Maharlika Investment Fund (MIF), Sen. Mark Villar assured. Villar said the MIF, the country's first-ever sovereign investment fund, will provide the country more funds for infrastructure, agriculture, and energy projects. “I’m excited...
Some senators have expressed their committment to continuously pursue creating a special budget for the treatment of indigent cancer patients. The late Secretary Susan "Toots" Ople of the Department of Migrant Workers (DMW). (MB file photo) Senate...
(MANILA BULLETIN) Commission on Audit (COA) Chairman Gamaliel Cordoba said it's a good idea to update the joint circular used to scrutinize the utilization of confidential and intelligence funds (CIFs) by government agencies. Cordoba made this remark...
A Japanese official has wished for the Philippines' success in managing its Maharlika Investment Fund, especially in the country's infrastructure agenda. President Ferdinand 'Bongbong' Marcos Jr. and Chief Representative of Japan’s Komeito Party Natsuo Yamaguchi (Photo courtesy of KJ...
(MANILA BULLETIN) If the Philippine Amusement and Gaming Corporation's (Pagcor) interpretation of the Maharlika Investment Fund (MIF) Law is spot on, then the agency could end up contributing between P3.6 billion and P4 billion to the sovereign wealth fund. ...
Vice President Sara Duterte shrugged off the comments made by House Deputy Minority leader and ACT Teachers Party-list Rep. France Castro against the P500-million confidential funds that the Office of the Vice President (OVP) requested, insisting instead that the matter must be left to Congress....
Pag-IBIG Fund announced on Tuesday (02 August) that the agency has allocated P3 billion in calamity loan funds to help members affected by Typhoons Egay and Falcon. “Pag-IBIG Fund has allocated calamity loan funds to help affected members in Ilocos Norte, Ilocos Sur, La Union, Pangasinan,...
(MANILA BULLETIN) The Maharlika Investment Fund (MIF) won't have any immediate impact on the 2024 national budget, but that may not be the case in subsequent years particularly in the funding of major infrastructure projects. Department of Budget and Management (DBM) Secretary Amenah Pangandaman...
Pag-IBIG and Angkas signed a collection servicing agreement to provide rider-partners an easy, secure and sustainable way to pay their Pag-IBIG Savings (contributions) and enjoy their Pag-IBIG benefits. With the agreement, rider-partners may now pay their monthly Pag-IBIG Savings through Angkas...
President Ferdinand "Bongbong" Marcos Jr. bared that all those he met during his three-day state visit in Malaysia have expressed interest in the Philippines' Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) "Yes, lahat. Lahat naman nag-express ng interest...
