Senior Deputy Majority Leader and Ilocos Norte 1st district Rep. Sandro Marcos refuted claims Monday, Dec. 5 that the proposed P275-billion Maharlika Wealth Fund (MWF) is being "railroaded" in the House of Representatives. Ilocos Norte 1st district Rep. Sandro Marcos (Facebook) "It wasn't...
Lawmakers in the current 19th Congress weren't the first to propose the creation of a Philippine sovereign wealth fund. Senior Deputy Speaker Gloria Macapagal-Arroyo Senior Deputy Speaker and former president Gloria Macapagal-Arroyo shared this trivia in a statement Monday morning, Dec. 5, wherein...
Albay 2nd district Rep. Joey Salceda has insisted that the timing is right for Congress to push for the enactment of a Philippine sovereign wealth fund, to be dubbed the Maharlika Wealth Fund (MWF). Albay 2nd district Rep. Joey Salceda This, despite the comments from several sectors that the MWF...
Once again, Albay 2nd district Rep. Joey Salceda felt compelled to respond to a known personality's comment on the proposed P275-billion Maharlika Wealth Fund or MWF. (MANILA BULLETIN) The latest personality happens to be former Supreme Court (SC) Associate Justice Antonio Carpio, who reportedly...
Senator Jose ‘’Jinggoy’’ Ejercito Estrada has questioned why proponents are rushing the approval of the proposed P275-billion sovereign wealth fund bill when senators have yet to iron out kinks and hold public debates to discuss the matter. During a DWIZ radio interview Saturday, Dec. 3,...
Albay 2nd district Rep. Joey Salceda said Saturday, Dec. 3 that he would welcome further discussion on House Bill (HB) No.6398 or the proposed Maharlika Wealth Fund (MWF) from the upper chamber. Albay 2nd district Rep. Joey Salceda (left) and Senator Imee Marcos (Facebook) This, after presidential...
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla has expressed concerns over the proposed Maharlika Wealth Fund (MWF)--concerns that Albay 2nd district Rep. Joey Salceda, a proponent of the controversial measure, wants to chase away. Albay 2nd district Rep. Joey Salceda Medalla is...
Senior Deputy Majority Leader and Ilocos Norte 1st district Rep. Sandro Marcos has explained in layman's terms what the proposed "Maharlika fund" is all about. Ilocos Norte 1st district Rep. Sandro Marcos (Facebook) Essentially a national sovereign wealth fund, the proposal is embodied in House...
Albay 2nd district Rep. Joey Salceda has practically guaranteed the approval of the tax provisions of House Bill (HB) No.6398 or the proposed Maharlika Investment Fund (MIF), also known as the Maharlika Wealth Fund (MWF). Albay 2nd district Rep. Joey Salceda Salceda chairs the House Committee on...
Clark Development Corporation (CDC), in partnership with Clark Water Corporation (CWC) and Manila Water Foundation (MWF), has completed the renovation of a water facility that will benefit around 150 families, mostly Aetas who are residing near Clark Freeport and Special Economic Zone in Pampanga....