House adopts Senate version, keeps ban on state pension funds The enrolled copy of the Maharlika Investment Fund (MIF) bill will be transmitted to the Palace for signing by President Ferdinand Marcos Jr. after both Houses of Congress adopted the bicameral conference committee report, Senate President Juan Miguel Zubiri said …
Read More »Economic managers laud passage of MIF with ‘several safeguards’
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 …
Read More »PBBM: Gov’t, LGUs must digitalize transactions
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 …
Read More »‘More to it than meets the eye’, says PRRD on VP Sara’s Lakas resignation
“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 …
Read More »Solons commend Speaker for ‘exceptional’ leadership
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 …
Read More »45% of Filipinos say quality of life will get better in a year – SWS survey
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 …
Read More »Ex-president Duterte not keen on becoming drug czar under Marcos
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 …
Read More »Marcos welcomes Japanese firm’s interest on PH energy devt
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 …
Read More »Senate adjourns, okays 8 Marcos priority bills
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, …
Read More »Russian bombardment of Kyiv kills at least 3, including a child and her mother
A pre-dawn Russian missile attack on Ukraine’s capital killed three people, including a nine-year-old and her mother, officials said, and inflicted the highest casualty toll from a single attack on Kyiv over the past month. 10 wounded in the deadliest of a string of attacks on the Ukrainian capital in …
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