President Marcos now has the power to reject nominees to the Board of Directors of the Maharlika Investment Corporation (MIC) based on the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang file...
The Senate Committee on Finance should consider banning the use of contingency funds to increase the confidential and intelligence funds (CIF) of civilian agencies under the proposed national budget for 2024. Sen. Risa Hontiveros suggested this to Sen. Juan Edgardo “Sonny” Angara...
Senators on Tuesday, November 7 sought an investigation into why details of their executive meeting was released to the media and who was the colleague or person responsible for the leak. This was after Sen. Jinggoy Ejercito Estrada stood up during the Senate’s plenary session to...
President Marcos stated that the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) has been finalized. President Ferdinand 'Bongbong' Marcos Jr. (Bongbong Marcos Facebook) "The Implementing Rules and Regulations of Maharlika Investment Fund have been finalized,"...
President Marcos’ chief economic manager has pitched investment opportunities in the Philippines to leaders of Luxembourg-based funds and business groups. During the Business Forum and Networking Lunch hosted by the Luxembourg Stock Exchange (LuxSE), Finance Secretary Benjamin E. Diokno...
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, October 22 supported calls for President Ferdinand “Bongbong” Marcos Jr. to return the contributions given by the LandBank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) to the Maharlika Investment...
House Speaker Martin Romualdez (Speaker’s office) The whopping $4.26 billion worth of deals secured by President Marcos from his trip to the Kingdom of Saudi Arabia (KSA) could just be tip of the iceberg in terms of forthcoming investments from the oil-rich nation....
The Kingdom of Saudi Arabia (KSA) and other Gulf countries have expressed interest in the Maharlika Investment Fund, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this on the sidelines of the Association of Southeast Asian Nations Summit-Gulf...
Business leaders in Saudi Arabia have signified their intention to learn more on the Maharlika Investment Fund (MIF), Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. meets with Saudi Arabian business leaders in Riyadh on Oct. 19, 2023. (Photo courtesy of Malacañang) During a meeting...
President Marcos’ chief economic manager has assured Saudi business leaders that the Maharlika Investment Fund (MIF) is a safe investment, despite the controversies surrounding it. During a roundtable meeting with potential investors in Riyadh, Saudi Arabia, Finance Secretary Benjamin E....
President Ferdinand "Bongbong" Marcos Jr. (right) chats with Speaker Martin Romualdez during their roundtable meeting with Saudi business leaders held on the sidelines of the 2023 Association of Southeast Asian Nations-Gulf Cooperation Council Summit (Asean-GCC) Thursday afternoon (Saudi time) at...
Presenting the Maharlika Investment Fund (MIF) to Saudi Arabia's business leaders was President Marcos' first order of business upon arriving in Riyadh. President Ferdinand 'Bongbong' Marcos Jr. (RTVM Screenshot) During a roundtable meeting organized by the ministries of trade and investments of...