Senator Mark A. Villar has filed the counterpart measure to House Bill No. 6608 or the bill that seeks the establishment of the Maharlika Investment Fund (MIF). Villar, chairman of the Senate banks committee, identified the sources of funds for the controversial MIF under Senate Bill No. 1670 which...
Senator Sherwin Gatchalian on Sunday, January 22 said he is open to having discussions on the proposed Maharlika Investment Fund (MIF) that the current administration has already formally launched before global investors during President Ferdinand “Bongbong” Marcos Jr.’s participation in the...
There is no need to recall the approval of House Bill (HB) No.6608 or the proposed Maharlika Investment Fund (MIF). Albay 2nd district Rep. Joey Salceda (left) and Albay 1st district Rep. Edcel Lagman) Thus, said House Committee on Ways and Means Chairman Albay 2nd district Rep. Joey Salceda on...
The House of Representatives leadership finds itself somewhat on the defensive regarding the controversial Maharlika Investment Fund (MIF) upon the resumption of sessions tomorrow, Monday, Jan. 23. The House plenary (Ellson Quismorio/ MANILA BULLETIN) It all started Friday when Albay 2nd district...
House Speaker Martin Romualdez is insisting that the proposed Maharlika Investment Fund (MIF)--controversial as it is--remains an urgent piece of legislation, saying it would help solve many of the country’s problems like high electricity rates and costly fuel. House Speaker Martin Romualdez...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said he was leaving it to Congress to decide on the final form of the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. Marcos said this after House Ways and Means Committee Chairperson Joey Salceda...
There's a brand new version of the controversial Maharlika Investment Fund (MIF), one that apparently has President Ferdinand "Bongbong" Marcos Jr.'s nod. (Mari Gimenez/ Unsplash) Economist-solon Albay 2nd district Rep. Joey Salceda, one of the people who crafted this new MIF, discussed in an ANC...
If Surigao del Norte 2nd district Rep. Robert Ace Barbers would have his way, he would allow the use of funds generated by both the mining and tourism industries to jumpstart the proposed Maharlika Investment Fund (MIF). Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/...
DAVOS, Switzerland — A high-ranking executive from multinational investment firm Morgan Stanley believes that the administration's controversial proposed Maharlika Wealth Fund is interesting as it will be able to attract many investments in the long term, Malacañang said. President...
DAVOS, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said setting up a Philippine sovereign wealth fund is a "good idea" to leverage government assets and pursue big-ticket infrastructure projects, particularly in energy and agriculture. President Ferdinand 'Bongbong' Marcos holds...
The "keen interest" shown by global leaders in the proposed Maharlika Investment Fund (MIF) during the World Economic Forum (WEF) in Davos, Switzerland justifies the fast-tracking of the measure by the Philippine House of Representatives. House Speaker Martin Romualdez (Speaker's office) House...
DAVOS, Switzerland — The proposed Maharlika Wealth Fund (MWF) has officially made its global debut after President Ferdinand "Bongbong" Marcos Jr. said that it would not just diversify the country's financial portfolio but also enable it to withstand adverse shocks. President Ferdinand...