Senate President Juan Miguel "Migz" Zubiri said that the Senate is ready to answer any questions and issues concerning the Maharlika Investment Fund (MIF) Act of 2023 under Republic Act No. 11954. "I have already instructed the Senate Secretary to coordinate with the Office of the Solicitor...
The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
GMA talents Mikee Quintos and Paul Salas were at the Makati City Prosecutor’s Office on Monday to file an estafa complaint against a cryptocurrency group. According to a "24 Oras" report, the celebrity couple, along with seven others, filed the complaint after supposedly being duped out of 8...
Investors' confidence in the Philippines remains solid despite the decline in the country's foreign direct investment (FDI) inflows in the first half of the year, a Cabinet member said. Trade Secretary Alfredo Pascual said in a Presidential Communications Office (PCO) statement that this is...
President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
The Department of Finance (DOF) has called upon international financial institutions to bolster their response capabilities and undertake comprehensive reforms amid the global economic recovery. Finance Secretary Benjamin E. Diokno said the combined impact of the pandemic, its aftermath, and the...
The Department of Finance (DOF) has highlighted the significant contribution of real estate investment trusts (REITs) to the country's economic recovery and infrastructure modernization. Finance Secretary Benjamin E. Diokno said that REIT investments are playing a vital role in fueling property...
(MANILA BULLETIN) House Speaker Martin Romualdez defended the more controversial points of the Maharlika Investment Fund (MIF) on Tuesday, Sept. 19--the same day that former and incumbent solons sought to have the fund declared unconstitutional by the...
The Bureau of the Treasury said that Land Bank of the Philippines and the Development Bank of the Philippines (DBP) can still invest up to a quarter of their net worth in Maharlika Investment Corp. (MIC). In a recent interview with reporters, National Treasurer Rosalia V. de Leon said the initial...
President Marcos assured foreign business leaders that professional managers would run the Maharlika Investment Fund (MIF) as politicians could cause its failure. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this as he wooed foreign business leaders to explore the...
The Bureau of the Treasury said it has received a high number of inquiries about job requirements for Maharlika Investment Corp. (MIC). National Treasurer Rosalia V. de Leon said serious applicants have shown significant interest, and more nominees are expected as the Sept. 27 deadline...