(MANILA BULLETIN) House Speaker Martin Romualdez defended the more controversial points of the Maharlika Investment Fund (MIF) on Tuesday, Sept. 19--the same day that former and incumbent solons sought to have the fund declared unconstitutional by the...
President Marcos assured foreign business leaders that professional managers would run the Maharlika Investment Fund (MIF) as politicians could cause its failure. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this as he wooed foreign business leaders to explore the...
President Marcos has told the international community that the Philippines first investment fund—Maharlika Investment Fund— is run by professionals and not by the government. President Ferdinand 'Bongbong' Marcos Jr. (RTVM/Milken Institute Screenshot) It is similar to the assurance he...
From left: Pag-IBIG Area Head (NCR North), Fernando G. Fajardo; EEI Corporation’s Jan Ivan Santamaria; and Pag-IBIG Branch Head (Cubao), Romer A. Manucdoc. Construction giant EEI Corporation was recently named by Pag-IBIG as one of the top employers in the National Capital Region (NCR) during the...
The Senate on Wednesday, September 6 convened the select oversight hearing on the confidential and intelligence funds (CIF), programs and activities in a bid to address questions and criticisms regarding the huge amount of CIF allocations given to key government agencies under the proposed...
Ready to join Maharlika Investment Corp. (MIC)? The Bureau of the Treasury is on the hunt for top-notch managers to lead the country’s sovereign wealth fund. According to the advisory on the Treasury website, nominations and applications for the MIC's Board of Directors are now officially open....
The Philippines' envoy to Japan has encouraged Japanese investors to "explore various economic opportunities" in the Philippines, through public-private partnerships and the Maharlika Investment Fund, the Department of Foreign Affairs (DFA) said Monday, Sep. 4. Philippine Ambassador Mylene Albano...
There is something fundamentally wrong if the Office of the Vice President is guaranteed a higher confidential and intelligence fund (CIF) over the Department of National Defense (DND) and the National Intelligence Coordinating Agency (NICA) and other government agencies whose primary task includes...
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...