Philippine News

Economic managers said the Senate version of the Maharlika Investment Fund (MIF) bill that was approved early Wednesday morning has more safeguards against potential abuse and is also more acceptable to everyone. The economic team lauded the approval in the Senate on the third and final reading of Senate Bill …

The Marcos administration is pushing for more digitized transactions in all government agencies, including at local government units (LGUs), to provide seamless and accurate service to the Filipino people. In his speech during the 86th Anniversary celebration of the Government Service Insurance System (GSIS) in Pasay City, President Ferdinand Marcos …

“There’s more to it than meets the eye.” This was what former president Rodrigo Duterte had to say about Vice President Sara Duterte’s resignation from Lakas-Christian Muslim Democrats (Lakas-CMD). (From left) Former president Rodrigo Duterte and Vice President Sara Duterte (Presidential Photo) Although not a party member of Lakas-CMD as …

The House of Representatives on Wednesday night unanimously adopted a resolution commending Speaker Martin Romualdez for “his exceptional, reformative and effective leadership” during the first regular session of the 19th Congress. The chamber approved Houdse Resolution (HR) 055 authored by Majority Leader Manuel Jose Dalipe and Minority Leader Marcelino Libanan …

Forty-five percent of Filipinos believe that their quality of life will improve in the next 12 months, results of the latest First Quarter survey of the Social Weather Stations (SWS) showed on Thursday, June 1. The survey, from March 26 to 29 among 1,200 adults aged 18 and above also …

FORMER president Rodrigo Duterte is not keen on becoming a drug czar under the current administration, saying President Ferdinand “Bongbong” Marcos Jr. must be given “the greatest elbow room ” to do so in a year. During an interview with Pastor Apollo Quiboloy Wednesday night, Duterte reiterated that addressing the …

PRESIDENT Ferdinand Marcos Jr. welcomed the Japan Bank for International Cooperation’s (JBIC) expression of interest to partner with Philippine companies for energy development and in the newly passed Maharlika Investment Fund (MIF). The Presidential Communications Office (PCO) said the Chief Executive met with JBIC Chairman of the Board Tadashi Maeda …

THE Senate adjourned sine die on Wednesday night highlighted by its approval of eight priority measures of the administration and the enactment of six bills into law. In his closing remarks, Senate President Juan Miguel Zubiri called the First Regular Session of the 19th Congress a “success”” for the Senate, …

A total of 14,908 people or 3,821 families have been affected as of Wednesday by Typhoon “Betty,” which will continue to affect Batanes and northern Luzon and enhance the southwest monsoon or “habagat” until it exits the Philippine Area of Responsibility by week’s end. Batanes is still under Tropical Cyclone …

Solons ban GSIS, SSS, 3 gov’t firms from investing in wealth fund Senators were poised to pass the chamber’s version of the Maharlika Investment Fund (MIF) bill last night, even as they successfully introduced an amendment that explicitly prohibits government institutions from investing in the country’s proposed sovereign wealth fund. …