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...
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...
House Speaker Martin Romualdez has credited the country’s higher-than-expected full-year gross domestic product (GDP) growth rate in 2022 to President Ferdinand "Bongbong" Marcos Jr.'s leadership and decision-making. House Speaker Martin Romualdez (Speaker’s office) “Under the able leadership...
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...
Liberal Party (LP) President and Albay 1st district Rep. Edcel Lagman is disputing his fellow congressman's claim that the country’s government-owned and controlled corporations (GOCCs) has surplus earnings for the proposed Maharlika Investment Fund (MIF). Albay 1st district Rep. Edcel Lagman...
The Senate will start with the House of Representatives' version of the controversial Maharlika Investment Fund (MIF) bill and will later propose perfecting amendments to it, Senate President Juan Miguel Zubiri said on Tuesday, January 24. "We will consult with all sectors and lay the premise on...
Whoever said that independent minority solon Albay 1st district Rep. Edcel Lagman and President Ferdinand "Bongbong" Marcos Jr. would never agree on anything regarding the controversial Maharlika Investment Fund (MIF)? Albay 1st district Rep. Edcel Lagman (left) and President Ferdinand "Bongbong"...
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...
President Ferdinand "Bongbong" Marcos Jr. on Monday allayed the concerns of the public regarding the possible establishment of the Maharlika Investment Fund as he said the money that will come from Filipinos will not sleep but will be used for investments. "Hindi 'yun basta't, oh sige, bigyan niyo...
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...