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...
TOKYO, Japan — Malacañang said that several Japanese semiconductor firms have pledged to invest in the Philippines, which could help the administration's push for more jobs for Filipinos. Malacañang photo Communications Secretary Cheloy Garafil said this after President Ferdinand...
The House Committee on Economic Affairs on Tuesday, Feb. 7, approved, subject to style and corresponding committee report thereof, a proposed bill amending The Real Estate Investment Trust (REIT) Act of 2009 to ensure the reinvestment of proceeds from the sale of REIT shares in the Philippines....
The Marcos administration should not expect the Senate to put all its time and energy for the immediate passage of the proposed Maharlike Investment Fund (MIF) which has been rife with a lot of ambiguities and questions regarding its real purpose and intent. For now, Sen. Francis “Chiz”...
