Senate Committee on Banks, Financial Institutions and Currencies chairman Senator Mark Villar projected that a possible 8.6 percent return on equity every year in the next 10 years can be generated by the MIF. Senator Mark Villar...
The Maharlika Investment Fund (MIF) is vital in accelerating the implementation of infrastructure projects of the national government, National Treasurer Rosalia de Leon said. De Leon said in a news forum on Saturday, June 3, that the MIF would allow the government to generate more funding for key...
Senator Chiz Escudero (Senate PRIB) Practical politics dictate that President Ferdinand ‘’Bongbong’’ Marcos Jr. will ignore Senate Minority Leader Aquilino Pimentel III's appeal for him to veto the controversial Maharlika Investment Fund (MIF) Bill. "This is obvious. Pimentel belongs to the...
The controversial Maharlika Investment Fund (MIF) would not be hindered by the absolute prohibition of access to the state pension funds, National Economic Development Authority (NEDA) Secretary Arsenio Balisacan said. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has enumerated six advantages of the proposed Maharlika Investment Fund (MIF), which is expected to be enacted soon after the House of Representatives and the Senate reached an agreement on...
Albay 1st district Rep. Edcel Lagman (Screenshot from Zoom) Independent minority congressman and Liberal Party (LP) President Edcel Lagman says the Maharlika Investment Fund (MIF) Bill is constitutionally sound, but that still doesn't make it a good idea. Lagman, Albay's 1st district...
State economic managers should make sure that the Maharlika Investment Fund (MIF) would be well-accounted for by making sure that all safeguards under the bill would be enforced thoroughly. Go made the call following Congress' approval of the MIF bill. The bill is now up President Ferdinand...
Senate Minority Leader Aquilino “Koko” Pimentel III called on President Ferdinand “Bongbong” R. Marcos Jr. to veto the recently passed Maharlika Investment Fund (MIF) bill and return it to Congress for rectification. “The bill, in its current form, is not acceptable. I am calling on the...
The proposed Maharlika Investment Fund (MIF) Act has just been approved by both chambers of Congress and a copy of the enrolled bill will now be sent to Malacañan Palace for President Marcos’ signature. Being a Palace-certified measure, it is expected to be signed into law in a couple of weeks...
Senator Maria Lourdes Nancy Binay on Thursday, June 1 expressed grave concerns over Congress’ approval of the controversial Maharlika Investment Fund (MIF) bill, saying she hopes its passage into law won’t drag the whole country down into the great “unknown.” ...
President Ferdinand “Bongbong” Marcos Jr. cannot veto portions of the proposed Maharlika Investment Fund (MIF) Act that he doesn’t approve of, Sen. Sherwin Gatchalian said on Thursday, June 1. Gatchalian said the right course would be for the President to remand the bill back to...
Months after meeting in Tokyo, the Japan Bank for International Cooperation (JBIC) has expressed interest in the newly-passed Maharlika Investment Fund (MIF), the Presidential Communications Office (PCO) said. *COURTESY CALL - President Marcos meets with officials from the Japan Bank for...