The establishment of the Maharlika Investment Fund (MIF) will prepare the Philippines to sustain and complete its development programs and projects as it aims to become an upper middle income country by 2025, an economic official said. National Economic and Development Authority (NEDA)...
A survey conducted by the Social Weather Stations (SWS) revealed that nearly half of Filipinos know almost nothing or nothing at all about the Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund. The results of the SWS survey, which was conducted from March 26 to 29, and...
Malacañang has confirmed that it has received the proposed Maharlika Investment Fund for the President's signature. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Yummie Dingding/PPA Pool) Presidential Communications Office (PCO) Secretary Cheloy Garafil said on Wednesday, July 5,...
Vision of the MIC: A Philippine economy with world class infrastructures in transport, information technology and communications, renewable energy and large-scale agribusiness ventures. Mission of the MIC: to attract large amounts of Foreign Direct Investment (FDIs) into these sectors. Now,...
National Treasurer Rosalia de Leon assured the public that the government had adequate safety nets to ensure the Maharlika Investment Fund (MIF) would be transparent and not mismanaged. *Bureau of the Treasury (file photo)* Citing De Leon's interview with the media, the Presidential...
Senator Maria Imelda "Imee" Marcos has admitted that she abstained in the voting on the controversial Maharlika Investment Fund (MIF) bill because it was "hinog sa pilit (deliberately ripened)." Sen. Imee Marcos (Senate PRIB Photo)...
Senate Minority Leader Aquilino “Koko” Pimentel III and Sen. Risa Hontiveros on Thursday, June 22, condemned the alleged tampering of the Maharlika Investment Fund (MIF) bill and warned that it raises serious questions about the constitutionality of the measure. “Today marks a sad day for the...
(MANILA BULLETIN) Economist-solon Albay 2nd district Rep. Joey Salceda has expressed confidence that the proposed Maharlika Investment Fund (MIF), once enacted, would give the Philippine stock market a shot in the arm. “The government also wants to have the MIF listed in the stock market, as a...
President Ferdinand "Bongbong" Marcos Jr. has allayed lingering concerns over the proposed Maharlika Investment Fund, saying it will be independent from government and will be managed by finance experts. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos recognized that there have been...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez seized the opportunity Wednesday afternoon, June 21, to highlight the proposed Maharlika Investment Fund (MIF) before members of the American Chamber of Commerce in the Philippines (AmCham). This, as the proposed...
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...