House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has adopted the Senate's Maharlika Investment Fund (MIF) Bill as an amendment to its own version of the measure. Assistant Majority Leader and Nueva Ecija 1st district Rep. Mikaela Suansing made the motion for...
The Senate on Wednesday (May 31) approved the bicameral conference committee report on the controversial Maharlika Investment Fund (MIF) bill which President Ferdinand “Bongbong” Marcos Jr. has certified as urgent. Senate President Juan Miguel Zubiri is thankful that the House of Representatives...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The House of Representatives decided to adopt the Senate's version of the Maharlika Investment Fund (MIF) Bill in a bid to hasten the crafting of its implementing rules and regulations (IRR). Albay 2nd district Rep. Joey Salceda, chairman...
President Ferdinand "Bongbong" Marcos Jr. said the government has no intention of using state pension funds as seed fund for the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. (Noel B. Pabalate) Marcos expressed agreement on one of the amendments to the bill that...
Less than two weeks after making a call for a better pension system for the country's uniformed personnel, President Ferdinand "Bongbong" Marcos Jr. said discussions were now ongoing to at least lay down the foundation for a functioning system. *President Ferdinand ‘Bongbong’ Marcos Jr. (Ali...
To make sure ordinary Filipinos understand the proposed Maharlika Investment Fund Act, Senator Robinhood "Robin" C. Padilla pushed for a Filipino translation of the measure and its related documents. Padilla, an advocate for the use of Filipino as a medium of official communication, made the...
The House leadership has named the chamber's contingent to the Bicameral Conference Committee hearing on the proposed Maharlika Investment Fund (MIF), or Philippine sovereign wealth fund. The group is composed of Manila 5th district Rep. Irwin Tieng, chairman of the Committee on Banks and Financial...
The Senate has approved its final version of the proposed Maharlika Investment Fund (MIF) Act on third and final reading early Wednesday, May 31. Senate President Juan Miguel “Migz” F. Zubiri poses for photo with his colleagues during the marathon session early morning Wednesday, May 31,...
Senator Mark A. Villar, author of Senate Bill 2020, also known as the Maharlika Investment Fund (MIF) bill, is confident that the measure would be approved on third reading this week. “We have carefully studied and analyzed the MIF bill. We made revisions and added more safeguards to ensure that...
Finance Secretary Benjamin Diokno on Tuesday, May 30, said that it is up to the boards of directors of state pension institutions, such as the Social Security System (SSS) and Government Service Insurance System (GSIS), to invest in the proposed Maharlika Investment Fund (MIF). Finance Secretary...
The Senate minority bloc is pushing for an “iron-clad” provision in the Senate’s version of the proposed Maharlika Investment Fund (MIF) Act to guarantee that pension funds in the Government Service Insurance System (GSIS) and the Social Security System (SSS) would not be compromised in the...
House Speaker Martin Romualdez (MANILA BULLETIN) House Speaker Martin Romualdez is predicting that the Philippine Stock Exchange (PSE) would play a bigger role in the country’s development with the potential enactment of the Maharlika Investment Fund (MIF). Romualdez, the prime mover of the MIF...
