Surigao del Norte 2nd district Rep. Robert Ace Barbers (Facebook) A three-term congressman from Mindanao has vouched for the integrity of the House of Representatives amid the tirades launched last week by former president Rodrigo Duterte. "As...
Loans in relation to housing have reached P88.3 billion for the first nine months of 2023, an indication of effective stimulation in the housing industry, according to the Home Development Mutual Fund, or Pag-IBIG Fund. Marilene C. Acosta, chief executive officer of the Pag-IBIG Fund, said...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The relief request by the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) from the Central Bank for infusions to the Maharlika Investment Fund (MIF) is nothing to...
The Department of Finance (DOF) said the International Monetary Fund (IMF) has commended the government's newly-formed Maharlika Investment Corp. (MIC), recognizing its contribution to the country's infrastructure initiatives. Finance Secretary Benjamin E. Diokno said the IMF has acknowledged the...
Marikina City 2nd Rep. Stella Quimbo (left), Albay 1st district Rep. Edcel Lagman (PPAB, Facebook) Marikina City 2nd district Rep. Stella Quimbo's stance on controversial topics like Vice President Sara Duterte's confidential fund allocation as well as the...
From left to right: PSE President and CEO Ramon Monzon, Speaker Martin Romualdez, and Albay 2nd district Rep. Joey Salceda (Speaker’s office) House Speaker Martin Romualdez on Wednesday, Oct. 4 called on members of the capital market community to consider...
Albay 1st district Rep. Edcel Lagman (Screenshot from Facebook) A government agency that's deemed not entitled to confidential and intelligence funds (CIFs) must be completely stripped of such funds. Independent minority solon Albay 1st district Rep....
Ako Bicol Party-list Rep. Zaldy Co (Facebook) The "small committee" tasked to collate individual amendments from House members in connection with the P5.768-trillion General Appropriations Bill (GAB) or proposed national budget for 2024 has until Oct. 10,...
The Department of Budget and Management (DBM) said it is determined to redouble its efforts in securing the passage of key structural reforms that are vital for maintaining the country's economic growth. Budget Secretary Amenah F. Pangandaman issued a statement on Wednesday, Oct. 4, expressing her...
House Speaker Martin Romualdez (Contributed photo) House Speaker Martin Romualdez reiterated Wednesday, Oct. 4 that the Maharlika Investment Fund (MIF) Act of 2023 went through the proper legislative processes. "We have followed due legislative processes in...
Senate President Juan Miguel "Migz" Zubiri said that the Senate is ready to answer any questions and issues concerning the Maharlika Investment Fund (MIF) Act of 2023 under Republic Act No. 11954. "I have already instructed the Senate Secretary to coordinate with the Office of the Solicitor...
President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...