State economic managers should make sure that the Maharlika Investment Fund (MIF) would be well-accounted for by making sure that all safeguards under the bill would be enforced thoroughly. Go made the call following Congress' approval of the MIF bill. The bill is now up President Ferdinand...
Senate Minority Leader Aquilino “Koko” Pimentel III called on President Ferdinand “Bongbong” R. Marcos Jr. to veto the recently passed Maharlika Investment Fund (MIF) bill and return it to Congress for rectification. “The bill, in its current form, is not acceptable. I am calling on the...
President Ferdinand “Bongbong” Marcos Jr. cannot veto portions of the proposed Maharlika Investment Fund (MIF) Act that he doesn’t approve of, Sen. Sherwin Gatchalian said on Thursday, June 1. Gatchalian said the right course would be for the President to remand the bill back to...
President Ferdinand "Bongbong" Marcos Jr. said the government has no intention of using state pension funds as seed fund for the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. (Noel B. Pabalate) Marcos expressed agreement on one of the amendments to the bill that...
CAVITE – When it comes to ingenious ways to save money, life hacks abound online. But not all trendy tricks are meant to be followed, as a Tanza-based entrepreneur learned the hard way. Rheez Larry Ramos' Facebook post on May 25 made the rounds online as he shared how he tried a tip that advises...
The House leadership has named the chamber's contingent to the Bicameral Conference Committee hearing on the proposed Maharlika Investment Fund (MIF), or Philippine sovereign wealth fund. The group is composed of Manila 5th district Rep. Irwin Tieng, chairman of the Committee on Banks and Financial...
The Senate has approved its final version of the proposed Maharlika Investment Fund (MIF) Act on third and final reading early Wednesday, May 31. Senate President Juan Miguel “Migz” F. Zubiri poses for photo with his colleagues during the marathon session early morning Wednesday, May 31,...
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...
Senator Francis “Chiz” Escudero on Friday, May 26 expressed concern that the proposed Maharlika Investment Fund (MIF) bill will have the potential to deplete the funds of the two government banks, despite the positive projections aired by state economic managers. Sen. Francis “Chiz”...
The justification for the immediate passage of the Maharlika Fund is too convoluted and vague, so said Sen. Risa Hontiveros. Hontiveros, in a statement on Thursday, slammed the certification of the Maharlika Investment Fund (MIF) bill. “It is still being pushed despite the fact that...
Senate President Juan Miguel “Migz” Zubiri on Thursday, May 25, expressed hopes that the House of Representatives would adopt the Senate version of the Maharlika Investment Fund (MIF) bill so that the two legislative chambers do not have go into a bicameral conference committee process....
