The office of House Speaker Martin Romualdez has donated a calamity fund worth P500,000 each to Oriental Mindoro's 1st district and Davao de Oro's 1st district. This was learned by the Manila Bulletin Sunday, March 26 even as the Speaker’s office also facilitated the distribution of targeted...
The prosposed Maharlika Investment Fund (MIF) and economic Charter change (Cha-cha). House Speaker Martin Romualdez highlighted these two "promising" measures during his speech Tuesday, March 21 at the luncheon meeting with ambassadors of the Asia-Pacific Parliamentary Forum (APPF)-member-countries...
The Philippines has secured approval for a [grant](https://www.greenclimate.fund/project/fp201)Â of US$26.3 million from the Green Climate Fund (GCF) to increase the resilience of rural agriculture in climate-vulnerable areas and to transform the country's agriculture sector towards climate...
Batangas 6th district Rep. Ralph Recto made a strong pitch Monday, March 13 for government to prioritize the construction of additional cold storage facilities that farmers could use to prolong the shelf life of their produce. For context, Recto, a deputy speaker, cited the government's willingness...
The Pag-IBIG Fund Board of Trustees officially approved the postponement of the agency’s contribution hike in 2023, citing the continuing recovery of both workers and business owners from the pandemic, its top officials announced Monday (06 March). Secretary Jose Rizalino L. Acuzar, who heads the...
The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno...
Pag-IBIG Fund members continue to show preference in the MP2 Savings program in 2022 as total savings reached nearly P40 billion, setting yet a new record-high for the amount saved voluntarily by members under the program in a year, its top officials said Monday (27 February). For 2022, members’...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...
Senator Christopher “Bong” Go has reaffirmed his continuing support to Marawi City’s full rehabilitation and recovery from the devastating attack of Islamic State-linked terrorists five years ago. Go reiterated his support to the city after it was revealed during the Senate Special Committee...
Diwa C. Guinigundo (We are publishing the letter of former Bangko Sentral ng Pilipinas Deputy Governor Diwa C. Guinigundo to the senators on the Maharlika Investment Fund – Editor) Honorable Senators of the Republic: Thank you for allowing us to speak our minds on the Maharlika Investment Fund...
Senators on Wednesday, February 15 pressed state economic managers to provide the Senate more details on all the projects that would be funded by the proposed Maharlika Investment Fund (MIF) bill. This, after senators noted the lack of business plan the Marcos administration has to pursue the MIF...
The government should first test the viability of having a sovereign wealth fund before proceeding with the Maharlika Investment Fund (MIF) through existing government corporations like the Government Service Insurance System (GSIS) and the Social Security System (SSS). Sen. Alan Peter Cayetano...
