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...
Senator Mark A. Villar has filed the counterpart measure to House Bill No. 6608 or the bill that seeks the establishment of the Maharlika Investment Fund (MIF). Villar, chairman of the Senate banks committee, identified the sources of funds for the controversial MIF under Senate Bill No. 1670 which...
Senator Sherwin Gatchalian on Sunday, January 22 said he is open to having discussions on the proposed Maharlika Investment Fund (MIF) that the current administration has already formally launched before global investors during President Ferdinand “Bongbong” Marcos Jr.’s participation in the...
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...
House Speaker Martin Romualdez expressed confidence Monday, Jan. 16 that President Ferdinand "Bongbong" Marcos Jr. would be able to make a good pitch about the Philippines' proposed sovereign wealth fund, dubbed the Maharlika Investment Fund (MIF), at the World Economic Forum (WEF). WEF founder...
Camarines Sur 2nd district Rep. LRay Villafuerte says that the "broad popular support" for the proposed Maharlika Investment Fund (MIF) should convince its critics to give the controversial measure a chance. Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) “With one in every two...
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, January 15 criticized the Marcos administration’s plans to do a “soft launch” for the proposed Maharlika Investment Fund (MIF) at the World Economic Forum (WEF) in Davos, Switzerland this week. Pimentel said the move is...
QUEZON Rep. David Suarez poses with President Ferdinand R. Marcos Jr. and Ilocos Norte Rep. Sandro Marcos during the signing of the 2023 national budget in Malacanang. (Rep. Suarez FB) LUCENA CITY – House Speaker Martin Romualdez has cited Quezon Rep. and House Deputy Majority Leader David...
(TANGERE) Half of Filipinos support the proposed Maharlika Investment Fund—a wealth fund that the government can use for investments, a recent nationwide survey conducted by big data research firm Tangere found. In the survey results released on Monday, Dec. 19, Tangere CEO and founder Martin...
The National Economic and Development Authority (NEDA) has called for a swift enactment of the planned sovereign wealth fund to enhance the newly approved blueprint for the socioeconomic development of the country. Socioeconomic Planning Secretary Arsenio M. Balisacan said the proposed Maharlika...
While various big business groups have aired their opposition to the government’s plan to establish a sovereign wealth fund (SWF) called the Maharlika Investment Fund (MIF), the Philippine Stock Exchange came out to voice its support for the proposal. In a short statement, PSE President Ramon S....
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, December 18 said the Senate minority bloc will make an attempt to block the passage of the proposed Maharlika Investment Fund (MIF) bill which they foresee to be a huge risk for the Philippines should it ever become a law. Pimentel...
