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...
Senators on Wednesday, February 15 pressed state economic managers to provide the Senate more details on all the projects that would be funded by the proposed Maharlika Investment Fund (MIF) bill. This, after senators noted the lack of business plan the Marcos administration has to pursue the MIF...
A high-ranking official from one of Japan’s leading financial institutions has expressed strong interest in backing the proposed Maharlika Investment Fund (MIF) . (Nathan Boadle/ Unsplash) Thus, bared House Speaker Martin Romualdez in an interview Friday night, Feb. 10 with members of the...
House Speaker Martin Romualdez is forecasting the Senate’s passage of its very own Maharlika Investment Fund (MIF) Bill soon, perhaps "after Easter". (MANILA BULLETIN) "I understand I have a funny feeling in the Senate it will pass soon. Maybe after Easter, baka tapos na yan (maybe it'll be done...
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...
Former Senate President Franklin Drilon sought on Saturday, Jan. 28 the privatization of the government’s gaming industry to fund the Maharlika Investment Fund (MIF) being proposed by administration allies. The solution to the problem of funding the MIF ‘’lies in the long overdue...
Another proposed "sovereign" fund has been filed in the House of Representatives, this time for the benefit of overseas Filipino workers (OFWs). Parañaque City 1st district Rep. Edwin Olivarez (Facebook) Parañaque City 1st district Rep. Edwin Olivarez filed last Jan. 19, 2023 House Bill (HB)...
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...
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"...
