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...
Amid the recent harassment of Filipino fishermen by the Chinese Coast Guard, Palawan 3rd District Rep. Edward Hagedorn’s proposed measure on the protection and preservation of the hotly-contested West Philippine Sea (WPS) gained steam among key government offices. Personnel of the Philippine...
A fisherfolk group called on the national government to certify House Bill 1112 or the National Farmers’ Day bill as urgent. The bill, which was filed by the Makabayan bloc, seeks to declare Jan. 22 of every year as a special working holiday to honor and remember the 13 farmers killed in...
A proposed measure filed by Deputy Speaker and Las Piñas Rep. Camille Villar would provide disability, health and hospitalizations benefits to all practicing journalists as the lawmaker cited the hazard of their jobs. (Photo from Las Piñas City Rep. Camille Villar via Facebook) House Bill (HB)...
Benchmark yields for short-term loans rose anew amid expectations that US Federal Reserve will continue its interest rate tightening regime. At Monday's auction of Treasury bills on Jan. 9, the 91-day Treasury bill rate increased to 4.232 percent from 4.155 percent last week. This, however, is...
Senator Sonny Angara on Monday, January 9 pushed for the passage of a bill that seeks to introduce reforms and strengthen the Civil Aviation Authority of the Philippines (CAAP). Angara said the technical glitch that hit the country’s air traffic management system that led to the disruption of all...
Can this House bill (HB) filed at the beginning of the 19th Congress be able to address the current runaway prices of onion? (Unsplash) Nueva Ecija 1st district Rep. Mikaela Suansing authored HB No.1379, or the proposed Act creating the Philippine Onion Research Institute. Suansing filed the...
(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...
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...
Opposition Senator Risa Hontiveros on Friday, December 16 criticized the apparent haste in which the President Ferdinand “Bongbong” Marcos Jr. and his allies in the House of Representatives railroaded the approval of the proposed Maharlika Wealth Fund bill calling it “premature” and a...
Vice President Sara Duterte on Thursday, Dec. 15, chose to keep her silence regarding the proposed bill that would create the controversial Maharlika Investment Fund (MIF), a sovereign wealth fund set to be managed by the government to boost revenues it can use for infrastructure development and...
Taking the cue from lessons learned during the Covid-19 pandemic, the House of Representatives on Tuesday, Dec. 13, passed on the third and final reading a proposed measure that will establish the Health Emergency Auxiliary Reinforcement Team (HEART) under the Department of Health (DoH) to augment...
