The Senate may hold special sessions to accommodate senators’ questions and concerns regarding the proposed Maharlika Investment Fund (MIF) bill this week, Senate Majority Leader Joel Villanueva said on Sunday, May 28. Earlier, Senate President Juan Miguel “Migz” Zubiri said the Senate is...
Senate Minority Leader Aquilino "Koko" Pimentel III (Senate PRIB) The Senate minority bloc will do everything it can to prevent the passage of the Maharlika Investment Fund (MIF) Bill next week, or just before the Senate goes into sine die adjournment on May 31. Senate Minority Leader Aquilino...
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 Sandiganbayan’s move to clear businesswoman Janet Lim-Napoles of 16 counts of graft in connection with the alleged anomalous use of Sen. Ramon “Bong” Revilla Jr.’s pork barrel fund is a huge offense to the Filipino public. Businesswoman Janet Lim-Napoles, the alleged mastermind of the...
(Unsplash) The Makabayan bloc is up in arms over the Senate's attempt to reinclude pension handlers Government Service Insurance System (GSIS) and Social Security System (SSS) in the controversial Maharlika Investment Fund (MIF) as fund contributors. The militant congressmen said the senators did...
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...
Pag-IBIG Fund has financed 2,968 socialized homes for minimum-wage and low-income members in the first three months of 2023, its top executives said Tuesday (May 9). Socialized home loans make up 14% of the 21,870 units financed by the agency from January to March this year. Meanwhile, the...
Senator Juan Edgardo “Sonny” Angara on Tuesday, May 16 said he expects lengthy debates to commence when the Senate deliberates on the composition of the board of directors for the proposed Maharlika Investment Fund (MIF). The composition of the Board of Directors, for one, is a contentious issue...
Energy Secretary Raphael P. M. Lotilla said that President Ferdinand R. Marcos Jr. during his recent meeting with US President Joe Biden highlighted renewable energy (RE) and the "loss and damage" concept, which seeks to compensate countries that have little contribution to global climate change....
