Senator Mark A. Villar, author of Senate Bill 2020, also known as the Maharlika Investment Fund (MIF) bill, is confident that the measure would be approved on third reading this week. “We have carefully studied and analyzed the MIF bill. We made revisions and added more safeguards to ensure that...
The Senate minority bloc is pushing for an “iron-clad” provision in the Senate’s version of the proposed Maharlika Investment Fund (MIF) Act to guarantee that pension funds in the Government Service Insurance System (GSIS) and the Social Security System (SSS) would not be compromised in the...
The Maharlika Investment Fund (MIF) has entered the period of interpellation in the Senate. "Maganda po na madiscuss natin ang mga concerns ng ating mga kapwa senador (The discussion with my colleagues’ concerns were lively). From the start, we always wanted to scrutinize this bill. No better way...
Senator Mark A. Villar on Wednesday May 10, sought a Senate inquiry into alleged continued proliferation of bank-related scams and frauds. This followed the filing by Villar of Senate Resolution 589 which asked the Senate leadership to direct the appropriate committee to conduct the hearing "with...
Senator Mark Villar, chairman of the Senate trade committee, has filed a bill allowing the use of digital copy of identification cards (IDs) in government transactions. In filing Senate Bill (SB) 1856, Villar explained that IDs play a significant role in society. In fact, in the Philippines, a...
Senator Mark Villar has sought the installation of timers in traffic lights and pedestrian lights in urban and rural areas to signal the flow of vehicles and pedestrians along the road. In filing Senate Bill (SB) 1959 to be known as the “Traffic Lights and Pedestrian Lights Timer Act”, Villar...
Trade and Industry Secretary Afredo E. Pascual said he would shift real focus of his agency towards industrialization stressing that manufacturing is the only way to be sustainable and become an inclusive economy. At the briefing by the DTI for the Senate committee on trade, commerce and...
