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...
The investment pledges across multiple sectors that President Ferdinand "Bongbong" Marcos has secured during his visits to various countries have begun taking shape, Malacañang said. President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard Philippine Airline Flight PR001. Citing a...
The Marcos administration has been aggressively promoting the country's priority sectors, such as green, innovative, and sustainable manufacturing and services, to attract more foreign investors, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Citing...
President Ferdinand "Bongbong" Marcos Jr. said that the memoranda of understanding (MOUs) signed during his 10 trips abroad have started to bear fruit, noting that his foreign trips have generated P3.48 trillion in investments thus far. President Ferdinand ‘Bongbong’ Marcos Jr. talks to the...
The Philippine Statistics Authority (PSA) reported that committed foreign investments last year went up 25 percent as the local economy reopened after the prolonged pandemic. Data from the PSA showed Thursday, Feb. 16, that the total approved foreign investments reached P241.89 billion in January...
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...
President Ferdinand "Bongbong" Marcos Jr. said he was considering putting his overseas trips on halt so that he and his economic team could go over each foreign investment deal they have cornered. President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard Philippine Airline Flight...
As he concluded his five-day official working visit to Tokyo, President Ferdinand "Bongbong" Marcos Jr. said three Japanese financial institutions had expressed interest in the proposed Maharlika Investment Fund (MIF). President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard...
President Ferdinand "Bongbong" Marcos Jr. said that changing the 1987 Constitution is not his priority as the government can still do many things, even with its present form. President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard Philippine Airline Flight PR001. Marcos said this...
TOKYO, Japan — Business Manny Pangilinan and major Japanese investor Mitsui & Co. have expressed commitment to investing $600 million in infrastructure development in the country, Malacañang said. President Ferdinand "Bongbong" Marcos Jr. (BBM Media Bureau) Pangilinan bared this in a...
TOKYO, Japan — Trade Secretary Alfredo Pascual said several investments sealed between the Philippines and Japan during President Ferdinand "Bongbong" Marcos Jr.'s official working visit are "ready to go," and the ball is now in the hands of the Philippine government. Trade Secretary Alfredo...