The proposed Maharlika Investment Fund (MIF) that wowed potential investors at the World Economic Forum (WEF) in Davos, Switzerland was essentially a rewritten document that's entirely different from the bill passed by the Philippine House of Representatives. Albay 2nd district Rep. Joey Salceda...
If Surigao del Norte 2nd district Rep. Robert Ace Barbers would have his way, he would allow the use of funds generated by both the mining and tourism industries to jumpstart the proposed Maharlika Investment Fund (MIF). Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/...
DAVOS, Switzerland — A high-ranking executive from multinational investment firm Morgan Stanley believes that the administration's controversial proposed Maharlika Wealth Fund is interesting as it will be able to attract many investments in the long term, Malacañang said. President...
The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...
Over 100,000 members with new homes Pag-IBIG Fund released a record-high P117.85 billion in home loans to finance the housing units of 105,212 members in 2022, its top officials announced January 18 (Wednesday). For 2022, the amount of home loans released by the agency increased by 21% or P20.57...
DAVOS, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said setting up a Philippine sovereign wealth fund is a "good idea" to leverage government assets and pursue big-ticket infrastructure projects, particularly in energy and agriculture. President Ferdinand 'Bongbong' Marcos holds...
ZURICH, Switzerland — The International Monetary Fund (IMF) lauded President Ferdinand "Bongbong" Marcos Jr. for his leadership amid the various " more complex challenges" that the Philippines faced. President Ferdinand ‘Bongbong’ Marcos Jr. and International Monetary Fund managing director...
DAVOS, Switzerland — The proposed Maharlika Wealth Fund (MWF) has officially made its global debut after President Ferdinand "Bongbong" Marcos Jr. said that it would not just diversify the country's financial portfolio but also enable it to withstand adverse shocks. President Ferdinand...
House Speaker Martin Romualdez expressed confidence Monday, Jan. 16 that President Ferdinand "Bongbong" Marcos Jr. would be able to make a good pitch about the Philippines' proposed sovereign wealth fund, dubbed the Maharlika Investment Fund (MIF), at the World Economic Forum (WEF). WEF founder...
Senator Risa Hontiveros said on Monday, January 16 that it is going to be a premature move for the Marcos administration to “present” the proposed Maharlika Investment Fund at the upcoming World Economic Forum (WEF) in Davos, Switzerland. Hontiveros pointed out the bill establishing such a...
Camarines Sur 2nd district Rep. LRay Villafuerte says that the "broad popular support" for the proposed Maharlika Investment Fund (MIF) should convince its critics to give the controversial measure a chance. Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) “With one in every two...
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, January 15 criticized the Marcos administration’s plans to do a “soft launch” for the proposed Maharlika Investment Fund (MIF) at the World Economic Forum (WEF) in Davos, Switzerland this week. Pimentel said the move is...
