President Ferdinand "Bongbong" Marcos Jr. on Monday allayed the concerns of the public regarding the possible establishment of the Maharlika Investment Fund as he said the money that will come from Filipinos will not sleep but will be used for investments. "Hindi 'yun basta't, oh sige, bigyan niyo...
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...
Senator Sherwin Gatchalian on Sunday, January 22 said he is open to having discussions on the proposed Maharlika Investment Fund (MIF) that the current administration has already formally launched before global investors during President Ferdinand “Bongbong” Marcos Jr.’s participation in the...
The approval of the proposed Maharlika Investment Fund (MIF) must be recalled by the House of Representatives, independent minority solon Albay 1st district Rep. Edcel Lagman said on Saturday, Jan. 21. Albay 1st district Rep. Edcel Lagman (Facebook) This, after he got wind of a new MIF that was...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said he was leaving it to Congress to decide on the final form of the proposed Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. Marcos said this after House Ways and Means Committee Chairperson Joey Salceda...
The proposed Maharlika Investment Fund (MIF) that wowed potential investors at the World Economic Forum (WEF) in Davos, Switzerland was essentially a rewritten document that's entirely different from the bill passed by the Philippine House of Representatives. Albay 2nd district Rep. Joey Salceda...
If Surigao del Norte 2nd district Rep. Robert Ace Barbers would have his way, he would allow the use of funds generated by both the mining and tourism industries to jumpstart the proposed Maharlika Investment Fund (MIF). Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/...
DAVOS, Switzerland — A high-ranking executive from multinational investment firm Morgan Stanley believes that the administration's controversial proposed Maharlika Wealth Fund is interesting as it will be able to attract many investments in the long term, Malacañang said. President...
The proposed expansion of the non-essential goods tax, which would see luxury good items taxed more, would generate st least P12.4 billion in annual revenue that could be funneled into supporting the local creative industry, Albay 2nd District Joey Salceda said on Wednesday, Jan. 18. Albay 2nd...
Over 100,000 members with new homes Pag-IBIG Fund released a record-high P117.85 billion in home loans to finance the housing units of 105,212 members in 2022, its top officials announced January 18 (Wednesday). For 2022, the amount of home loans released by the agency increased by 21% or P20.57...
DAVOS, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said setting up a Philippine sovereign wealth fund is a "good idea" to leverage government assets and pursue big-ticket infrastructure projects, particularly in energy and agriculture. President Ferdinand 'Bongbong' Marcos holds...
ZURICH, Switzerland — The International Monetary Fund (IMF) lauded President Ferdinand "Bongbong" Marcos Jr. for his leadership amid the various " more complex challenges" that the Philippines faced. President Ferdinand ‘Bongbong’ Marcos Jr. and International Monetary Fund managing director...