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KATRIBU on the impact of Maharlika Investment Fund on the Moro and Indigenous Peoples
A speech delivered by Beverly Longid, KATRIBU National Convenor, during the Maharlika Investment Fund forum organized by the First Quarter Storm (FQS) Movement......»»
Maharlika CEO: terrorists are the only investors we won’t deal with
In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»
Maharlika fund eyes JV for rural telco towers
The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»
Maharlika ready to make first investment in 90-120 days
Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»
Senators question P26.7 billion ‘ayuda’ fund
About P26.7 billion worth of financial assistance under the Department of Social Welfare and Development was questioned by senators yesterday during the continuation of a public hearing on the people’s initiative or PI......»»
Recto pitches Maharlika fund to Australians
Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»
Fund for indigent cancer patients reaches P1.25 billion
Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
Maharlika Consortium awarded as microgrid service provider
The Maharlika Consortium has bagged a contract to provide electricity services in eight unserved areas in Cebu, Quezon and Palawan, according to the Department of Energy......»»
NAIA project eyed to jumpstart P40 billion Maharlika investments
The Maharlika Investment Corp. is setting its sights on the recently awarded Ninoy Aquino International Airport rehabilitation as one of about 10 projects where it intends to invest the MIC’s P40-billion funding this year......»»
SSS taps Metrobank to manage P1.5 billion fund
Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»
New Board Members for UN Voluntary Trust Fund for Victims of Trafficking in Persons Announced
Vienna, 2024: The latest board of trustees of the UN Voluntary Trust Fund for Victims of Trafficking in Persons (UNVTF) has been established. The board is now constituted of:The five anti-human trafficking experts, representing the five UN Regional Groups, were appointed by the UN Secretary General Antonio Guterres to provide strategic guidance to the Trust Fund over th.....»»
FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund
Vice President Sara Duterte has not returned any confidential funds to the government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for […].....»»
Duterte, PDP-Laban senators to visit Cebu City on April 19
CEBU CITY, Philippines — As the 2025 midterm elections draw near, candidates are now gearing up for strategic moves, especially considering that the filing of Certificates of Candidacy is in October this year. Former President Rodrigo Roa Duterte, alongside senators from Partido Demokratiko Pilipino–Lakas ng Bayan (PDP Laban), is set to visit Cebu City this.....»»
US senators seek $500 million aid for AFP
Two American senators have filed a measure seeking to boost the alliance of the Philippines and the US through a significant increase in military financing as concerns grow over China’s aggressive acts in the South China Sea......»»
PNP, senators clash on rifle ownership
The Philippine National Police and some senators yesterday aired opposing views on civilians owning semi-automatic rifles......»»
Senators defend P100 wage hike
Senators yesterday defended their legislated salary increase recently passed on second reading, following a comment from an Employers Confederation of the Philippines (ECOP) official who called the P100 wage hike a “catastrophe.”.....»»
Senators praise Comelec for suspending people’s initiative proceedings
MANILA, Philippines — Senators rejoiced at the decision of the Commission on Elections (Comelec) to suspend all proceedings related to a people’s initiative aimed at amending the 1987 Constitution, saying that it is nothing but a victory for the Filipino people. Senate Majority Leader Joel Villanueva, in a statement, said the Philippine government has finally.....»»
Speaker hits senators’ ‘very toxic rhetoric’ vs House
Speaker Martin Romualdez yesterday hit back at senators, asking them to “just focus on their jobs instead of attacking the lower chamber.”.....»»