ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said he was leaving it to Congress to decide on the final form of the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. Marcos said this after House Ways and Means Committee Chairperson Joey Salceda...
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...
The Philippine Chamber of Commerce and Industry (PCCI) is pushing for the imposition of higher taxes on luxury items, but not the “wealth tax”, to help address the country’s huge budget deficit. PCCI President George T. Barcelon raised this proposal in reaction to clamor to impose wealth tax,...
DAVOS, Switzerland — A high-ranking executive from multinational investment firm Morgan Stanley believes that the administration's controversial proposed Maharlika Wealth Fund is interesting as it will be able to attract many investments in the long term, Malacañang said. President...
DAVOS, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said setting up a Philippine sovereign wealth fund is a "good idea" to leverage government assets and pursue big-ticket infrastructure projects, particularly in energy and agriculture. President Ferdinand 'Bongbong' Marcos holds...
DAVOS, Switzerland — The proposed Maharlika Wealth Fund (MWF) has officially made its global debut after President Ferdinand "Bongbong" Marcos Jr. said that it would not just diversify the country's financial portfolio but also enable it to withstand adverse shocks. President Ferdinand...
Senator Risa Hontiveros said on Monday, January 16 that it is going to be a premature move for the Marcos administration to “present” the proposed Maharlika Investment Fund at the upcoming World Economic Forum (WEF) in Davos, Switzerland. Hontiveros pointed out the bill establishing such a...
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...
If Deputy Minority Leader and Bagong Henerasyon Party-List Rep. Bernadette Herrera would have her way, she would have government prioritize Public-Private Partnerships (PPP) over the proposed Maharlika Investment Fund (MIF). Bagong Henerasyon Party-List Rep. Bernadette Herrera Herrera, in a...
House Speaker Martin Romualdez was upbeat Friday, Dec. 30 over the apparent openness of the Senate to the proposed Maharlika Investment Fund (MIF), which the lower chamber had already passed. House Speaker Martin Romualdez (Speaker’s office) “I have no doubt that our senators share our vision...
The Union of Local Authorities of the Philippines (ULAP) has supported the establishment of the Maharlika Investment Fund which, the group said, adheres to "good governance, transparency and accountability" and "will genuinely achieve inclusive and sustainable development" for the country,...
