The Senate minority bloc will attempt to block the passage of the controversial Maharlika Investment Fund (MIF) bill in the pro-administration dominated Senate. “You cannot save what cannot be saved. kahit anong oras ito dapat hindi mapasa (at any given time, this measure should not be allowed to...
Senator Francis “Chiz” Escudero urged the Marcos government to address the “many gaps and loopholes” in the proposed Maharlika Investment Fund (MIF) law and clarify its purpose to the Filipino people. Escudero said the MIF bill, in its current form, needs further amendments to strengthen...
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...
With finality, President Ferdinand "Bongbong" Marcos Jr. will not participate in the management of the Maharlika Investment Fund (MIF) but will just become head of its advisory board. The President, however, would have the power to remove members of the board, according to Senate President Juan...
The economic managers of the Marcos administration have started discussing senators about the many issues surrounding the controversial Maharlika Investment Fund (MIF) on Monday night, January 30. The briefing held at the Senate was done by Finance Secretary Benjamin Diokno, Budget Secretary Amenah...
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...
Senate Minority Leader Aquilino Pimentel III said on Thursday, January 26, he is saddened that his motion to refer the controversial Maharlike Investment Fund (MIF) bill to the Senate Committee on Government Corporations and Public Enterprises was not considered by his colleagues. Pimentel had...
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...
The Senate will start with the House of Representatives' version of the controversial Maharlika Investment Fund (MIF) bill and will later propose perfecting amendments to it, Senate President Juan Miguel Zubiri said on Tuesday, January 24. "We will consult with all sectors and lay the premise on...
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"...
