Finance Secretary Benjamin Diokno on Tuesday, May 30, said that it is up to the boards of directors of state pension institutions, such as the Social Security System (SSS) and Government Service Insurance System (GSIS), to invest in the proposed Maharlika Investment Fund (MIF). Finance Secretary...
The Senate minority bloc is pushing for an “iron-clad” provision in the Senate’s version of the proposed Maharlika Investment Fund (MIF) Act to guarantee that pension funds in the Government Service Insurance System (GSIS) and the Social Security System (SSS) would not be compromised in the...
House Speaker Martin Romualdez (MANILA BULLETIN) House Speaker Martin Romualdez is predicting that the Philippine Stock Exchange (PSE) would play a bigger role in the country’s development with the potential enactment of the Maharlika Investment Fund (MIF). Romualdez, the prime mover of the MIF...
Passage of the controversial Maharlika Investment Fund (MIF) bill before the July State of the Nation Address (SONA) of President Ferdinand "Bongbong" R. Marcos Jr. is the ideal. But the "ideal" might not happen because there are still a lot of questions that senators wanted answered by Senator...
The Senate may hold special sessions to accommodate senators’ questions and concerns regarding the proposed Maharlika Investment Fund (MIF) bill this week, Senate Majority Leader Joel Villanueva said on Sunday, May 28. Earlier, Senate President Juan Miguel “Migz” Zubiri said the Senate is...
Senate Minority Leader Aquilino "Koko" Pimentel III (Senate PRIB) The Senate minority bloc will do everything it can to prevent the passage of the Maharlika Investment Fund (MIF) Bill next week, or just before the Senate goes into sine die adjournment on May 31. Senate Minority Leader Aquilino...
Senator Francis “Chiz” Escudero on Friday, May 26 expressed concern that the proposed Maharlika Investment Fund (MIF) bill will have the potential to deplete the funds of the two government banks, despite the positive projections aired by state economic managers. Sen. Francis “Chiz”...
The justification for the immediate passage of the Maharlika Fund is too convoluted and vague, so said Sen. Risa Hontiveros. Hontiveros, in a statement on Thursday, slammed the certification of the Maharlika Investment Fund (MIF) bill. “It is still being pushed despite the fact that...
Senate President Juan Miguel “Migz” Zubiri on Thursday, May 25, expressed hopes that the House of Representatives would adopt the Senate version of the Maharlika Investment Fund (MIF) bill so that the two legislative chambers do not have go into a bicameral conference committee process....
President Ferdinand “Bongbong” Marcos Jr. has certified the proposed Maharlika Investment Fund (MIF) bill as urgent. Senate Bill No. 2020 is currently under the period of interpellations at the Senate. The President’s certification was read out by Senate Secretary Renato Bantug Jr. o...
(Unsplash) The Makabayan bloc is up in arms over the Senate's attempt to reinclude pension handlers Government Service Insurance System (GSIS) and Social Security System (SSS) in the controversial Maharlika Investment Fund (MIF) as fund contributors. The militant congressmen said the senators did...
The Maharlika Investment Fund (MIF) has entered the period of interpellation in the Senate. "Maganda po na madiscuss natin ang mga concerns ng ating mga kapwa senador (The discussion with my colleagues’ concerns were lively). From the start, we always wanted to scrutinize this bill. No better way...
