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”...
President Ferdinand “Bongbong” Marcos Jr. has secured an investment commitment from ride-hailing service Grab, which could translate into 500,000 jobs. President Ferdinand ‘Bongbong’ Marcos Jr. meets with the Chief Executive Officer of Grab Holdings, Inc., Anthony Tan, and other officials...
The Senate minority bloc will attempt to block the passage of the controversial Maharlika Investment Fund (MIF) bill in the pro-administration dominated Senate. “You cannot save what cannot be saved. kahit anong oras ito dapat hindi mapasa (at any given time, this measure should not be allowed to...
Senators on Wednesday, February 1 took turns grilling members of President Ferdinand “Bongbong” Marcos Jr.’s economic team who are pushing hard for the passage of the Maharlika Investment Fund (MIF) bill as they sought for answers about the purpose and vision of the measure which was...
Senator Grace Poe favors the sale of non-performing or problematic government assets to fund the Maharlika Investment Fund (MIF). Poe thinks the private sector might handle these assets better as they are said to be riddled by corruption or are mismanaged. She advised that the sale should be done...
Manulife launches 2 new UITFs By JAMES A. LOYOLA Manulife Investment Management and Trust Corporation has launched two new unit investment trust funds (UITFs), Manulife Asia Short Duration Bond Feeder Fund and Manulife Global Dynamic Leaders Equity Feeder Fund. In a statement, the firm said...
Senate Minority Leader Aquilino Pimentel III said on Thursday, January 26, he is saddened that his motion to refer the controversial Maharlike Investment Fund (MIF) bill to the Senate Committee on Government Corporations and Public Enterprises was not considered by his colleagues. Pimentel had...
The Senate on Wednesday, January 25 referred the controversial Maharlika Investment Fund (MIF) bill to the Senate Committee on Banks chaired by Sen. Mark Villar. This was after majority of the members of the Senate unanimously voted down a motion to refer the controversial MIF bill to the Senate...
CEBU CITY -- Several residents in Lapu-Lapu City have sought the help of their mayor after they lost millions to an investment that turned out to be a scam. The person who is allegedly behind the scam is a resident of Barangay Maribago whose wife works at the Lapu-Lapu City Hall. The identity of...
Senator Risa Hontiveros on Tuesday, January 24 said she is pleased to know that President Ferdinand “Bongbong” Marcos Jr. has reservations on the new “re-engineered” version of the proposed Maharlika Investment Fund (MIF). Marcos, in a recent interview, has expressed his doubts on the idea...
