The Department of Finance (DOF) said the International Monetary Fund (IMF) has commended the government's newly-formed Maharlika Investment Corp. (MIC), recognizing its contribution to the country's infrastructure initiatives. Finance Secretary Benjamin E. Diokno said the IMF has acknowledged the...
The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
The prime mover of the Maharlika Investment Fund (MIF) in Congress, House Speaker Martin Romualdez, has explained to businessmen how the misuse or abuse of the proposed Philippine sovereign wealth fund (SWF) will be avoided. House Speaker Martin Romualdez (Speaker’s office) Romualdez did so in a...
Transparency isn't a mere afterthought in the proposed Philippine sovereign wealth fund, dubbed the Maharlika Investment Fund (MIF). (MANILA BULLETIN) House Speaker Martin Romualdez gave this assurance to Filipinos Sunday, Dec. 18, or just three days removed from the MIF Bill's passage on third and...
Who says that the all-powerful House majority bloc had sole input on the controversial Maharlika Investment Fund (MIF) Bill? House Speaker Martin Romualdez (Speaker's office) House Speaker Martin Romualdez highlighted on Friday afternoon, Dec. 15 a provision in the bill for social welfare purposes...
Despite being in the legislative mill in the House of Representatives for a total of just 18 calendar days, the proposed Maharlika Investment Fund (MIF) underwent a lot of revisions and fine-tuning. Albay 2nd district Rep. Joey Salceda In fact, the measure, embodied in House Bill (HB) No.6608,...
The proposed Philippine sovereign wealth fund has been a constantly evolving piece of legislation. (Mari Gimenez/ Unsplash) On Monday morning, Dec. 12, Manila 5th district Rep. Irwin Tieng shared the latest set of amendments to the proposed Maharlika Investment Fund (MIF), which his panel, the...
BAYBAY CITY, Leyte--The Petilla poltican clan here, who used to be an ally of the previous Aquino administration, are going all-out for the Bongbong Marcos-Sara Duterte UniTeam tandem. Presidential candidate Bongbong Marcos (Noel Pabalate/ MANILA BULLETIN) Governor Leopoldo Dominico "Mic" Petilla...
The country’s first Metrology in Chemistry Laboratory is set to be inaugurated and to be opened to the public on Nov. 9. (DOST-ITDI) Hundreds of representatives from food and water industry sectors and science communities are expected to attend the launch of the Department of Science and...
BTS with Steve Aoki in 2017 (Twitter) K-pop idol group BTS have added another feat when their “MIC Drop (Steve Aoki Remix)” music video garnered one billion views on YouTube. “MIC Drop (Steve Aoki Remix)” reached the milestone on July 26, or in three years and eight months since the...
A property consultant and entrepreneur has advised investors to take advantage of the current property market as prices are affordable and rental rates are down. “Rental rates are down. Property prices are down. What used to be exorbitant is now affordable. So now is the time to invest in real...
Full-time freelance music producer, Isagani Palabyab We may have said so-long to the band Farewell Fair Weather , but Isagani Palabyab , one of the band’s members, continues to live his dreams by working closely with another musical team, Careless Music Manila (CMM). The full-time freelance music...
