Diwa C. Guinigundo (We are publishing the letter of former Bangko Sentral ng Pilipinas Deputy Governor Diwa C. Guinigundo to the senators on the Maharlika Investment Fund – Editor) Honorable Senators of the Republic: Thank you for allowing us to speak our minds on the Maharlika Investment Fund...
Senators on Wednesday, February 15 pressed state economic managers to provide the Senate more details on all the projects that would be funded by the proposed Maharlika Investment Fund (MIF) bill. This, after senators noted the lack of business plan the Marcos administration has to pursue the MIF...
The government should first test the viability of having a sovereign wealth fund before proceeding with the Maharlika Investment Fund (MIF) through existing government corporations like the Government Service Insurance System (GSIS) and the Social Security System (SSS). Sen. Alan Peter Cayetano...
As he concluded his five-day official working visit to Tokyo, President Ferdinand "Bongbong" Marcos Jr. said three Japanese financial institutions had expressed interest in the proposed Maharlika Investment Fund (MIF). President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard...
National Home Mortgage Finance Corporation (NHMFC) has closed its fifth securitization exercise called “BALAI Shelter Compliance ABS” involving total issuance worth around P715.152 million. Securitized is a portion of the socialized housing loan portfolio NHMFC acquired from the Home...
The Marcos administration should not expect the Senate to put all its time and energy for the immediate passage of the proposed Maharlike Investment Fund (MIF) which has been rife with a lot of ambiguities and questions regarding its real purpose and intent. For now, Sen. Francis “Chiz”...
Deputy Speaker and Batangas 6th district Rep. Ralph Recto on Sunday, Feb. 5, trumpeted Congress’ work to boost to P1.56 billion the line-item funding for two cancer funds in the 2023 General Appropriations Act (GAA). (PIXABAY) In a statement, the veteran lawmaker lauded the insertion—from zero...
Pag-IBIG Fund members collectively saved nearly P80 billion in 2022, setting yet another record for the highest amount saved by members with the agency in a single year, its top officials said. In 2022, the amount collectively saved by Pag-IBIG members totaled P79.9 billion – the highest in the...
Senator Alan Peter S. Cayetano expressed reservations on the passage of the Maharlika Investment Fund (MIF) bill. Senate Minority Leader Aquilino Pimentel III also said his minority block would attempt to stop the passage of the MIF bill by the pro-administration Senate. The Senate banks committee...
The Senate minority bloc will attempt to block the passage of the controversial Maharlika Investment Fund (MIF) bill in the pro-administration dominated Senate. “You cannot save what cannot be saved. kahit anong oras ito dapat hindi mapasa (at any given time, this measure should not be allowed to...
Senator Francis “Chiz” Escudero urged the Marcos government to address the “many gaps and loopholes” in the proposed Maharlika Investment Fund (MIF) law and clarify its purpose to the Filipino people. Escudero said the MIF bill, in its current form, needs further amendments to strengthen...
Senators on Wednesday, February 1 took turns grilling members of President Ferdinand “Bongbong” Marcos Jr.’s economic team who are pushing hard for the passage of the Maharlika Investment Fund (MIF) bill as they sought for answers about the purpose and vision of the measure which was...
