A House of Representatives member who has been able to work closely with senators in the current 19th Congress believes that the latter would ultimately approve the Maharlika Investment Fund (MIF) Bill. Surigao del Sur 2nd district Rep. Johnny Pimentel (Facebook) Not only that, but the Senate will...
If Deputy Minority Leader and Bagong Henerasyon Party-List Rep. Bernadette Herrera would have her way, she would have government prioritize Public-Private Partnerships (PPP) over the proposed Maharlika Investment Fund (MIF). Bagong Henerasyon Party-List Rep. Bernadette Herrera Herrera, in a...
House Speaker Martin Romualdez was upbeat Friday, Dec. 30 over the apparent openness of the Senate to the proposed Maharlika Investment Fund (MIF), which the lower chamber had already passed. House Speaker Martin Romualdez (Speaker’s office) “I have no doubt that our senators share our vision...
The Union of Local Authorities of the Philippines (ULAP) has supported the establishment of the Maharlika Investment Fund which, the group said, adheres to "good governance, transparency and accountability" and "will genuinely achieve inclusive and sustainable development" for the country,...
The Senate Committee on Social Justice Welfare and Rural Development has endorsed for plenary approval the measure seeking the establishment of a support fund for persons with disabilities or PWDs, for their empowerment and full inclusion in the community. Together with the Senate Committee on...
It took only 18 days for the House of Representatives to pass the proposed Maharlika Investment Fund (MIF) Bill, but Quezon 2nd district Rep. David "Jay-Jay" Suarez chose to describe the rather quick process as "congressional surgery". Quezon 2nd district Rep. David Suarez (Facebook) “The...
The Philippines has signed an agreement with South Korea for a total loan worth 3 billion US dollars, which is earmarked for the country's infrastructure projects. Department of Foreign Affairs (DFA) Secretary Enrique Manalo and Korean Ambassador to the Philippines Kim In Chul signed on Wednesday...
QUEZON Rep. David Suarez poses with President Ferdinand R. Marcos Jr. and Ilocos Norte Rep. Sandro Marcos during the signing of the 2023 national budget in Malacanang. (Rep. Suarez FB) LUCENA CITY – House Speaker Martin Romualdez has cited Quezon Rep. and House Deputy Majority Leader David...
Four more government financial institutions (GFIs) have signed up in the national housing program of the Marcos administration, the Department of Human Settlements and Urban Development (DHSUD) disclosed on Thursday, Dec. 22. DHSUD Secretary Jose Rizalino Acuzar said he already signed an agreement...
(TANGERE) Half of Filipinos support the proposed Maharlika Investment Fund—a wealth fund that the government can use for investments, a recent nationwide survey conducted by big data research firm Tangere found. In the survey results released on Monday, Dec. 19, Tangere CEO and founder Martin...
The National Economic and Development Authority (NEDA) has called for a swift enactment of the planned sovereign wealth fund to enhance the newly approved blueprint for the socioeconomic development of the country. Socioeconomic Planning Secretary Arsenio M. Balisacan said the proposed Maharlika...
While various big business groups have aired their opposition to the government’s plan to establish a sovereign wealth fund (SWF) called the Maharlika Investment Fund (MIF), the Philippine Stock Exchange came out to voice its support for the proposal. In a short statement, PSE President Ramon S....
