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“The MIF is meant to augment the revenues of the government and not to draw from them as the incessant detractors claim. Now that the signing of the Maharlika Investment Fund is a certainty, the flak it has been receiving has increased, much of it totally absurd. President Ferdinand “Bongbong” …

Chow completes political comeback after finishing third in 2014 mayoral election ‘Toronto is a place of hope,’ says Olivia Chow in mayoral victory speech After sailing to victory as the mayor of Canada’s largest city, Olivia Chow thanked voters for putting their trust in her and pledged to make Toronto …

ABOUT seven out of 10 Filipinos are satisfied with the performance of the administration of Ferdinand Marcos Jr., according to a survey commissioned by OCTA Research. In its Tugon ng Masa first quarter survey from March 24-28, 72 percent said they were satisfied, while eight percent were dissatisfied with the …

Herbosa to ask President to lift public health emergency in PH Saying that the coronavirus pandemic no longer posed an emergency, Health Secretary Ted Herbosa on Monday said he will recommend the formal lifting of the COVID-19 state of public health emergency in the country. Declaring the end of the …

Rumors continued to swirl Monday about an alleged leadership coup at the Senate, which came as Senate President Juan Miguel Zubiri was still in Washington DC, on an official visit. The persistent speculation in the upper chamber was that Zubiri would be ousted during the opening of the 2nd Regular …

Walt Nauta, a valet for Donald Trump, is set to be arraigned Tuesday on charges that he helped the former U.S. president hide classified documents that the Justice Department wanted back. Nauta, who served at the White House before joining the ex-president in Florida, faces 6 charges. A valet for …

Canada’s inflation rate decelerated to 3.4 per cent in the year up to May, Statistics Canada says, led by sharply lower gasoline prices. Deceleration of headline rate mostly due to gasoline, as most other aspects still going up fast. Canada’s inflation rate decelerated to 3.4 per cent in the year …

The annual hajj pilgrimage, one of the largest religious events in the world, officially began Monday. Roughly two million pilgrims are expected in Mecca, Saudi Arabia, for the event this year, the first since COVID-19 pandemic restrictions were lifted. Twice as many pilgrims as were permitted in 2022, The annual …

Seamless transition engenders stability – and this has been the hallmark of leadership at the Bangko Sentral ng Pilipinas (BSP) since its inception in 1993 by virtue of Republic Act 7653 or the New Central Bank Act of 1993. The law follows the mandate of the Philippine Constitution of 1987 …

“The layers of auditing are MIF’s strongest shield against irregularities. The Maharlika Investment Fund is not expected to earn an annualized return of 10 percent as its critics have demanded. Even the most successful sovereign wealth funds do not have such high yearly income. An 8.6 percent yield as estimated …