Senator Francis ‘’Chiz’’ Escudero said on Saturday, April 1, that the latest version of the proposal seeking to create the Maharlika Investment Fund (MIF) has better chances of getting Senate approval following key changes in the bill. Escudero said he already signed the committee report...
Filipinos must be made aware of the achievements made by the Pag-IBIG Fund, and what it generally does for the people. President Ferdinand "Bongbong" Marcos Jr. said this after the Pag-IBIG Fund reached a record high P44.50 billion net income. "Kaya’t makikita n'yo maganda talaga ang performance...
After lauding the Pag-IBIG Fund for posting its highest dividend rates since the pandemic, President Ferdinand "Bongbong" Marcos Jr. has asked the Fund to help in the government's massive project to build one million houses every year. Speaking at the Pag-IBIG Fund Chairman’s Report on Tuesday,...
Senate Minority Leader Aquilino "Koko" Pimentel III said he would vote against the Maharlika Investment Fund (MIF) bill because it has no justification at all. He questioned why the bill abandoned the sovereign fund concept of MIF to compete with the investible funds of other government financial...
The office of House Speaker Martin Romualdez has donated a calamity fund worth P500,000 each to Oriental Mindoro's 1st district and Davao de Oro's 1st district. This was learned by the Manila Bulletin Sunday, March 26 even as the Speaker’s office also facilitated the distribution of targeted...
The prosposed Maharlika Investment Fund (MIF) and economic Charter change (Cha-cha). House Speaker Martin Romualdez highlighted these two "promising" measures during his speech Tuesday, March 21 at the luncheon meeting with ambassadors of the Asia-Pacific Parliamentary Forum (APPF)-member-countries...
The Philippines has secured approval for a [grant](https://www.greenclimate.fund/project/fp201)Â of US$26.3 million from the Green Climate Fund (GCF) to increase the resilience of rural agriculture in climate-vulnerable areas and to transform the country's agriculture sector towards climate...
Batangas 6th district Rep. Ralph Recto made a strong pitch Monday, March 13 for government to prioritize the construction of additional cold storage facilities that farmers could use to prolong the shelf life of their produce. For context, Recto, a deputy speaker, cited the government's willingness...
The Pag-IBIG Fund Board of Trustees officially approved the postponement of the agency’s contribution hike in 2023, citing the continuing recovery of both workers and business owners from the pandemic, its top officials announced Monday (06 March). Secretary Jose Rizalino L. Acuzar, who heads the...
The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno...
Pag-IBIG Fund members continue to show preference in the MP2 Savings program in 2022 as total savings reached nearly P40 billion, setting yet a new record-high for the amount saved voluntarily by members under the program in a year, its top officials said Monday (27 February). For 2022, members’...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...