Senator Juan Edgardo “Sonny” Angara on Tuesday, May 16 said he expects lengthy debates to commence when the Senate deliberates on the composition of the board of directors for the proposed Maharlika Investment Fund (MIF). The composition of the Board of Directors, for one, is a contentious issue...
Energy Secretary Raphael P. M. Lotilla said that President Ferdinand R. Marcos Jr. during his recent meeting with US President Joe Biden highlighted renewable energy (RE) and the "loss and damage" concept, which seeks to compensate countries that have little contribution to global climate change....
House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan (Ellson Quismorio/ MANILA BULLETIN) As far as House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan is concerned, President Ferdinand "Bongbong" Marcos Jr. has sent a "message" to the Senate to prioritize the passage of the...
The Senate is all set to start deliberations on the measure that seeks to give respite to Filipino workers by legislating a P150 daily wage increase. Senate President Juan Miguel “Migz” Zubiri said senators are in support of a salary hike as the current P570 daily wage is too low. ...
The House plenary. (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives will be looking to pass on third and final reading not eight, but 14 more priority measures of President Ferdinand "Bongbong" Marcos Jr. once it resumes sessions on Monday, May 8. This, after House Speaker Martin...
Pag-IBIG Fund released a record-high P27.57 billion in home loans during the first quarter of 2023, an increase of P3.36B or 14% compared to the P24.21 billion released during the same period in 2022, its top officials announced on Monday (April 24). “We are happy to report that we have started...
LAGUNA – The provincial government turned over agricultural machinery and equipment to 30 farmer cooperatives and associations at the Laguna Provincial Capitol in Sta. Cruz on Monday, April 17. The distribution was made possible through the Rice Competitiveness Enhancement Fund (RCEF)...
Senator Jinggoy Ejercito Estrada on Monday, April 3 said the Senate will start tackling the various bills seeking to provide a unified system for separation, retirement, and pension of the military and uniformed personnel (MUP) services next month in the committee level. Estrada, chairman of the...
Senator Francis ‘’Chiz’’ Escudero said on Saturday, April 1, that the latest version of the proposal seeking to create the Maharlika Investment Fund (MIF) has better chances of getting Senate approval following key changes in the bill. Escudero said he already signed the committee report...
Filipinos must be made aware of the achievements made by the Pag-IBIG Fund, and what it generally does for the people. President Ferdinand "Bongbong" Marcos Jr. said this after the Pag-IBIG Fund reached a record high P44.50 billion net income. "Kaya’t makikita n'yo maganda talaga ang performance...
After lauding the Pag-IBIG Fund for posting its highest dividend rates since the pandemic, President Ferdinand "Bongbong" Marcos Jr. has asked the Fund to help in the government's massive project to build one million houses every year. Speaking at the Pag-IBIG Fund Chairman’s Report on Tuesday,...
Senate Minority Leader Aquilino "Koko" Pimentel III said he would vote against the Maharlika Investment Fund (MIF) bill because it has no justification at all. He questioned why the bill abandoned the sovereign fund concept of MIF to compete with the investible funds of other government financial...