ACT Teachers Party-list Rep. France Castro (Rep. Castro's office) President Marcos' suspension of the implementation of the Maharlika Investment Fund (MIF) shows that it was "rushed and flawed". Thus, said House Deputy Minority leader and ACT Teachers...
President Marcos has suspended the implementation of the implementing rules and regulations (IRR) of the controversial Maharlika Investment Fund "pending further study." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos issued the suspension through a memorandum from Executive...
Malacañang has recalled the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) in order to make adjustments, specifically regarding the appointment of key managers. Sources told Manila Bulletin that the IRR of the law creating the MIF is temporarily halted in order to...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The relief request by the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) from the Central Bank for infusions to the Maharlika Investment Fund (MIF) is nothing to...
The Department of Finance (DOF) said the International Monetary Fund (IMF) has commended the government's newly-formed Maharlika Investment Corp. (MIC), recognizing its contribution to the country's infrastructure initiatives. Finance Secretary Benjamin E. Diokno said the IMF has acknowledged the...
Marikina City 2nd Rep. Stella Quimbo (left), Albay 1st district Rep. Edcel Lagman (PPAB, Facebook) Marikina City 2nd district Rep. Stella Quimbo's stance on controversial topics like Vice President Sara Duterte's confidential fund allocation as well as the...
From left to right: PSE President and CEO Ramon Monzon, Speaker Martin Romualdez, and Albay 2nd district Rep. Joey Salceda (Speaker’s office) House Speaker Martin Romualdez on Wednesday, Oct. 4 called on members of the capital market community to consider...
House Speaker Martin Romualdez (Contributed photo) House Speaker Martin Romualdez reiterated Wednesday, Oct. 4 that the Maharlika Investment Fund (MIF) Act of 2023 went through the proper legislative processes. "We have followed due legislative processes in...
Senate President Juan Miguel "Migz" Zubiri said that the Senate is ready to answer any questions and issues concerning the Maharlika Investment Fund (MIF) Act of 2023 under Republic Act No. 11954. "I have already instructed the Senate Secretary to coordinate with the Office of the Solicitor...
The shortlist of candidates for the board of directors of the Maharlika Investment Corp. (MIC) was officially submitted to President Marcos, the Department of Budget and Management (DBM) said. The Advisory Body, consisting of the DBM, the National Economic and Development Authority, and the Bureau...
President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
