Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The Maharlika Investment Fund (MIF) will be a way to keep in the country "trillions" worth of money from local corporations that would otherwise be used outside the Philippines. Thus, said Albay City 2nd district Rep. Joey Salceda Tuesday...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has added his voice to the growing anticipation for the "timely" signing of proposed Maharlika Investment Fund (MIF). “With its signing into law this week by the President, the MIF will...
(MANILA BULLETIN) The impending enactment of the Maharlika Investment Fund (MIF) will go down as a "massive milestone" for the administration of President Ferdinand "Bongbong" Marcos Jr. Thus, said Albay City 2nd district Rep. Joey Salceda on Saturday, July 15 amid growing anticipation from...
President Ferdinand "Bongbong" Marcos Jr. is optimistic that the country would get more Foreign Direct Investments (FDIs)--which can boost the country's economy--with the launch of the so-called green lanes. *President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy)* Marcos said this after he led the...
Chinese Ambassador to the Philippines Huang Xilian said Thursday that China is looking forward to more vigorous efforts by the Department of Trade and Industry (DTI) to elevate the investment cooperation between the two countries. Huang said the next five years are "a crucial period" both for the...
It seems there’s no stopping the Maharlika Investment Fund (MIF) bill from becoming law as the President has stated that he will “sign it as soon as (he) gets it.” It’s not surprising considering that he himself has certified the MIF bill as urgent. It can be recalled that the President...
Around $88 million worth of foreign investments are expected to materialize within the year, Trade and Industry Secretary Alfredo Pascual announced. (RTVM Screenshot) "The number that we expect to materialize in 2023 will total around $88 million – maliit pa ‘no (that's still small),"...
Senate President Juan Miguel "Migz" Zubiri said President Ferdinand “Bongbong” R, Marcos Jr. is scheduled to sign the controversial Maharlika Investment Fund (MIF) bill into law on July 18. Senate President Juan Miguel "Migz" Zubiri (Senate PRIB Photo) In a text...
The Philippines has received P73-billion in investment leads during a three-week investment roadshow the country participated in across Europe. Department of Trade and Industry (DTI) Secretary Alfredo Pascual said these investment leads were from the renewable energy and infrastructure development...
Not all foreign investment offers to the Philippines will materialize, Trade and Industry Secretary Alfredo Pascual said on Wednesday, July 12. DTI Secretary Alfredo Pascual (RTVM Screenshot) In a Palace briefing, Pascual explained that significant investments take time to implement, while some may...
Senate Minority Leader Aquilino “Koko” Pimentel III has called on President Ferdinand "Bongbong" R. Marcos Jr. to prioritize long-term measures to address a recurring water shortage and the looming threat of El Niño in his scheduled July 26 State of the Nation Address (SONA). ...
The establishment of the Maharlika Investment Fund (MIF) will prepare the Philippines to sustain and complete its development programs and projects as it aims to become an upper middle income country by 2025, an economic official said. National Economic and Development Authority (NEDA)...
