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...
Public school teachers on Friday, Dec. 9, urged the government to immediately release their benefits before Christmas and grant their call for a “substantial” pay increase. (Photo courtesy of ACT Philippines) Members of the Manila Public School Teachers Association (MPSTA) and Alliance of...
Apex Mining Co. Inc. is buying the Davao de Oro copper mining operations controlled by Clariden Holdings Inc., a subsidiary of Iñigo Zobel and Ramon S. Ang’s Top Frontier Holdings Inc. for $81.5 million (P4.56 billion) . In a disclosure to the Philippine Stock Exchange, Apex said its Board of...
To exchange insights and ideas on how the country can navigate a post-pandemic education landscape, education leaders and stakeholders gathered at a conference organized by Teach for the Philippines (TFP) and the Asian Development Bank (ADB). Teach for the Philippines’ local government unit (LGU)...
The House Committee on Banks ang Financial Intermediaries approved during a public hearing Thursday afternoon, Dec. 1 the proposed Philippine sovereign wealth fund, dubbed the Maharlika Wealth Fund (MWF). The giant Philippine flag inside the House plenary (PPAB) The proposed MWF Act is embodied in...
China is considering Ilocos Norte as a potential place for investments as the Asian giant expressed willingness to partner with local government units (LGUs) in the Philippines, starting with the President Ferdinand "Bongbong" Marcos Jr.'s home province. Chinese Ambassador to the Philippines Huang...
ZAMBOANGA CITY – The National Bureau of Investigation and Securities and Exchange Commission seized nearly P15 million in cash from the house of a suspected scammer whose office and residence here were raided over the weekend. NBI agents seized nearly P15 million in cash from the house of a...
As the government and private companies start to release bonuses to their employees, the Philippine National Police (PNP) warned that individuals and groups have already intensified their operation to lure people into putting their money to fake crypto investments. Police Brig. Gen. Joel Doria,...
Philippine Regional Investment Development Corporation (PRIDE), a subsidiary of AbaCore Capital Holdings Inc., has entered into an agreement with Highsource Prime Building Inc. to undertake various leisure projects at the Montemaria Shrine at an initial cost of P4.2 billion. In a disclosure to the...
Senator Risa Hontiveros on Monday, November 21 bared a reported plot by a Chinese syndicate to recruit and lure as many Filipinos to be part of a large-scale human trafficking scheme and investment fraud. Sen. Risa Hontiveros bares a reported plot by a Chinese syndicate to recruit Filipinos in a...
