The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno...
Senator Sherwin Gatchalian said he believes the privatization of key government assets is a more logical source for the proposed Maharlika Investment Fund (MIF). Gatchalian said doing this would shield key financial institutions, particularly the Bangko Sentral ng Pilipinas (BSP), from potential...
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...
Diwa C. Guinigundo (We are publishing the letter of former Bangko Sentral ng Pilipinas Deputy Governor Diwa C. Guinigundo to the senators on the Maharlika Investment Fund – Editor) Honorable Senators of the Republic: Thank you for allowing us to speak our minds on the Maharlika Investment Fund...
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...
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...
Malacañang disclosed that 10 priority bills, including the controversial Maharlika Investment Fund Bill and Mandatory Reserve Officers Training Corps (ROTC), were adopted for passage by June 2 this year. Speaker Martin Romualdez, along with fellow legislators and members of the Cabinet, listens...
As he concluded his five-day official working visit to Tokyo, President Ferdinand "Bongbong" Marcos Jr. said three Japanese financial institutions had expressed interest in the proposed Maharlika Investment Fund (MIF). President Ferdinand ‘Bongbong’ Marcos Jr. talks to the media onboard...
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...
The Marcos administration should not expect the Senate to put all its time and energy for the immediate passage of the proposed Maharlike Investment Fund (MIF) which has been rife with a lot of ambiguities and questions regarding its real purpose and intent. For now, Sen. Francis “Chiz”...
Senator Alan Peter S. Cayetano expressed reservations on the passage of the Maharlika Investment Fund (MIF) bill. Senate Minority Leader Aquilino Pimentel III also said his minority block would attempt to stop the passage of the MIF bill by the pro-administration Senate. The Senate banks committee...
