Albay 2nd district Rep. Joey Salceda said Saturday, Dec. 3 that he would welcome further discussion on House Bill (HB) No.6398 or the proposed Maharlika Wealth Fund (MWF) from the upper chamber. Albay 2nd district Rep. Joey Salceda (left) and Senator Imee Marcos (Facebook) This, after presidential...
Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla has expressed concerns over the proposed Maharlika Wealth Fund (MWF)--concerns that Albay 2nd district Rep. Joey Salceda, a proponent of the controversial measure, wants to chase away. Albay 2nd district Rep. Joey Salceda Medalla is...
The proposed P275-billion Maharlika Wealth Fund (MWF) has enough safeguards in it to prevent its embezzlement a la the 2016 1Malaysia Development Berhad scandal or 1MDB scandal in Malaysia. Albay 2nd district Rep. Joey Salceda Albay 2nd district Rep. Joey Salceda made this assurance Friday, Dec. 2,...
The House Committee on Banks ang Financial Intermediaries approved during a public hearing Thursday afternoon, Dec. 1 the proposed Philippine sovereign wealth fund, dubbed the Maharlika Wealth Fund (MWF). The giant Philippine flag inside the House plenary (PPAB) The proposed MWF Act is embodied in...
Albay 2nd district Rep. Joey Salceda has practically guaranteed the approval of the tax provisions of House Bill (HB) No.6398 or the proposed Maharlika Investment Fund (MIF), also known as the Maharlika Wealth Fund (MWF). Albay 2nd district Rep. Joey Salceda Salceda chairs the House Committee on...
The House Committee on Ways and Means began on Monday, Nov. 28 the initial deliberations on measures seeking to amend Republic Act (RA) No.10863 or the Customs Modernization and Tariff Act (CMTA). (Ellson Quismorio/ MANILA BULLETIN) Raised and discussed by the Albay 2nd district Rep.Joey...
Two House committees on Monday, Nov. 28, created a technical working group (TWG) to hammer out the details for a substitute bill that would consolidate 35 proposed measures on the creation of a Department of Water Resources (DWR) to improve the country’s water management and oversee the critical...
Albay 2nd district Rep. Joey Salceda has set the record straight regarding the alleged bleak future of the Research Institute of Tropical Medicine (RITM) in the event the proposed Center for Disease Control (CDC) comes to fruition. Albay 2nd district Rep. Joey Salceda According to the rumor, the...
Albay 2nd District Rep. and House Ways and Means chair Joey Salceda on Sunday, Nov. 27, assured workers at the Research Institute of Tropical Medicine (RITM) that there would be no abolition or layoffs there even after the country’s establishment of its own Center for Disease Control (CDC) inches...
Timing is everything, even when it comes to legislation. Albay 2nd district Rep. Joey Salceda Economist-solon Joey Sarte Salceda used the occasion of the 77th Annual National Convention of the Philippine Institute of Certified Public Accountants (PICPA) in Cebu City to explain why the proposed Ease...
President Ferdinand "Bongbong" Marcos Jr. has belied reports that Finance Secretary Benjamin Diokno would be replaced by Albay Representative Joey Salceda. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of the Office of the Press Secretary) Marcos labeled the circulating claims as "fake...
"Do not covet thy neighbor’s job." Albay 2nd district Rep. Joey Salceda (left) and DOF Secretary Ben Diokno (Facebook) Albay 2nd district Rep. Joey Salceda gave this reaction to House reporters Monday, Nov. 21, regarding the rumors that he could be appointed by Malacañang as the next Department...