I thought it was just one solitary complaint from one nitpicking academic until I heard it from a few others more.
Last of 3 partsWHILE everyone else tried to focus on the various aspects of the Maharlika Investment Fund bill, a distressed academic asked me, in a language more picturesque than this, why did the government have to fast-track the bill to the extent of cutting off substantive discussions of the major issues?Why the 'indecent haste,' he said, when so many newly enacted laws are unable to take effect because the appropriate authorities are unable to provide the 'implementing rules...
It promises to adhere to the 24 Generally Accepted Principles and Practices agreed to in October 2008 in Santiago, Chile, 'in a collaborative effort among countries with SWFs, investment recipient countries and international organizations, to observe, among other things: that the SWF will comply with all applicable regulatory and disclosure requirements in the countries in which SWFs invest; and that the SWF will have in place a transparent and sound governance structure that provides...
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MIF gains 200 House backersOver 200 congressmen are supporting the bill seeking to create the Maharlika Investment Fund, two senior lawmakers said Tuesday, even as Chief Presidential Legal Counsel Juan Ponce Enrile urged President Ferdinand R. Marcos Jr. to carefully review-- READ:
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On ROIs, deficit, penalties: Maharlika fund faces scrutiny in House plenaryDuring the two-hour interpellation, minority lawmakers quiz the bill's sponsor on the need for a sovereign wealth fund amid economically challenging times.
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Romualdez wants Marcos to certify Maharlika Investment Fund bill as urgentBRUSSELS, Belgium — House Speaker Martin Romualdez wants President Ferdinand "Bongbong" Marcos Jr. to certify as urgent the passage of the controversial Maharlika Investment Fund
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216 House members coauthor Maharlika - BusinessMirrorTHE supermajority or 216 members of the House of Representatives have coauthored the proposed Maharlika Investment Fund (MIF) Act which, they said, would help fast-track economic development and provide better public services for Filipino people. Quezon Rep. Mark Enverga, one of the leaders in the House of the Nationalist People’s Coalition (NPC), said, “this proposal
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Don’t tie BSP hands for Maharlika–Neda chief - BusinessMirrorTHE use of the Gross International Reserves (GIR) and lowering the reserve requirement of banks to finance the Maharlika Investment Fund (MIF) may limit the tools at the disposal of the Bangko Sentral ng Pilipinas (BSP) during times when inflation is high. In his Commission on Appointments hearing on Tuesday, Socioeconomic Planning Secretary Arsenio M.
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Speaker wants Marcos to certify Maharlika fund bill as urgentSpeaker Martin Romualdez is optimistic President Ferdinand "Bongbong" Marcos Jr. will give the Maharlika Investment Fund (MIF) bill the push to become a law by certifying it as an urgent legislation.
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