The Senate on Wednesday (May 31) approved the bicameral conference committee report on the controversial Maharlika Investment Fund (MIF) bill which President Ferdinand “Bongbong” Marcos Jr. has certified as urgent. Senate President Juan Miguel Zubiri is thankful that the House of Representatives...
The Senate has approved its final version of the proposed Maharlika Investment Fund (MIF) Act on third and final reading early Wednesday, May 31. Senate President Juan Miguel “Migz” F. Zubiri poses for photo with his colleagues during the marathon session early morning Wednesday, May 31,...
Senator Francis “Chiz” Escudero on Friday, May 26 expressed concern that the proposed Maharlika Investment Fund (MIF) bill will have the potential to deplete the funds of the two government banks, despite the positive projections aired by state economic managers. Sen. Francis “Chiz”...
The government should first test the viability of having a sovereign wealth fund before proceeding with the Maharlika Investment Fund (MIF) through existing government corporations like the Government Service Insurance System (GSIS) and the Social Security System (SSS). Sen. Alan Peter Cayetano...
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...
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)...
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...
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...
The approval of the proposed Maharlika Investment Fund (MIF) must be recalled by the House of Representatives, independent minority solon Albay 1st district Rep. Edcel Lagman said on Saturday, Jan. 21. Albay 1st district Rep. Edcel Lagman (Facebook) This, after he got wind of a new MIF that was...
The proposed Maharlika Investment Fund (MIF) that wowed potential investors at the World Economic Forum (WEF) in Davos, Switzerland was essentially a rewritten document that's entirely different from the bill passed by the Philippine House of Representatives. Albay 2nd district Rep. Joey Salceda...
President Ferdinand “Bongbong” Marcos Jr. is set to talk about the country’s proposed sovereign wealth fund before fellow world leaders at the 2023 World Economic Forum (WEF) in Davos, Switzerland, next week, the Department of Foreign Affairs (DFA) said. DFA Undersecretary Carlos Sorreta said...
A House of Representatives member who has been able to work closely with senators in the current 19th Congress believes that the latter would ultimately approve the Maharlika Investment Fund (MIF) Bill. Surigao del Sur 2nd district Rep. Johnny Pimentel (Facebook) Not only that, but the Senate will...
