Despite being in the legislative mill in the House of Representatives for a total of just 18 calendar days, the proposed Maharlika Investment Fund (MIF) underwent a lot of revisions and fine-tuning. Albay 2nd district Rep. Joey Salceda In fact, the measure, embodied in House Bill (HB) No.6608,...
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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...
The Philippines has gained billions worth of investment deals from top European companies during President Ferdinand "Bongbong" Marcos Jr.'s meetings in Brussels, Belgium. (Malacañang Photo) Malacañang disclosed that the President on his final day in Brussels for the Association of Southeast...
A European firm in the field of renewable energy and infrastructure pledged to invest in the Philippines as President Ferdinand "Bongbong" Marcos Jr. met business leaders from the West at the sidelines of his participation in the ASEAN-EU Summit in Belgium. Marcos secured the commitment of Acciona,...
President Ferdinand "Bongbong" Marcos Jr. has secured a P4.7-billion investment from multinational company Unilever during a meeting in Brussels, Belgium. (Malacañang Photo) Marcos met with Unilever officials led by Matt Close, president of the global business group, on the sidelines of the...
House Speaker Martin Romualdez, one of the prime movers of the Maharlika Investment Fund (MIF) Bill, has described one senator as "very, very enthusiastic" about the proposed Philippine sovereign wealth fund. House Speaker Martin Romualdez (left) and Senator Mark Villar Romualdez, speaking to...
The Association of Southeast Asian Nations-European Union (ASEAN-EU) business summit in Brussels will bolster sustainable trade and investment between the two regions as Asia’s regional bloc prepares for more challenges amid a post-pandemic economic recovery, President Ferdinand “Bongbong”...
The local stock market closed flat as investors wait for the meetings of US and Philippine central banks. The main index shed 2.82 percent or 0.04 points to close at 6,582.38 as sectoral indices were evenly split. Volume was thin at 705 million shares worth P5.4 billion as losers beat gainers 113...
A member of the House minority bloc has admitted to being swayed by the changes he has seen on the controversial Maharlika Investment Fund (MIF) bill, which majority solons have been aggressively pushing for. Northern Samar 1st district Rep. Paul Daza (Facebook) Senior Deputy Minority Leader and...
The proposed Philippine sovereign wealth fund has been a constantly evolving piece of legislation. (Mari Gimenez/ Unsplash) On Monday morning, Dec. 12, Manila 5th district Rep. Irwin Tieng shared the latest set of amendments to the proposed Maharlika Investment Fund (MIF), which his panel, the...
Don't look now, but the proposed Philippine sovereign wealth fund being pursued by the House of Representatives has once again undergone a name change. Manila 5th district Rep. Irwin Tieng (Contributed photo) According to Manila 5th district Rep. Irwin Tieng, the erstwhile Maharlika Wealth Fund...
