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Taxpayers to bear risks if Maharlika loses - senator

ABS-CBN News
Posted at Feb 03 05:01 PM

Sen. Sherwin Gatchalian on Friday warned that taxpayers would bear the risk should the proposed Maharlika Investment Fund loses. Read more »

Diokno rejects using GOCC dividends for Maharlika Fund

ABS-CBN News
Updated as of Feb 03 04:05 PM

Finance Secretary Benjamin Diokno said on Friday he opposed the proposal to get funding for the Maharlika Investment Fund from the dividends of government-owned and controlled corporations. Read more »

Chiz doubts current version of Maharlika bill will pass Senate

ABS-CBN News
Updated as of Feb 02 01:49 PM

Sen. Francis Escudero on Thursday expressed doubts the current version of the bill creating the Maharlika Investment Fund would pass the Senate. Read more »

Senators quiz econ managers over Maharlika fund

ABS-CBN News
Posted at Feb 01 07:04 PM

The Senate finally tackled Wednesday the proposed Maharlika Investment Fund following its passage last year in the House of Representatives. Read more »

Maharlika puts BSP, economy at risk, econ groups warn

ABS-CBN News
Posted at Feb 01 05:03 PM

As the Senate deliberates on the Maharlika Investment Fund, several groups warned that it poses several risks to the Bangko Sentral ng Pilipinas. Read more »

Privatizing PCSO, PAGCOR to solve Maharlika funding woes: Drilon

ABS-CBN News
Updated as of Jan 28 02:14 PM

Former Senator Franklin Drilon said the privatization of PAGCOR and the PCSO would generate P300 billion revenues annually. Read more »

Inflation, wages should be Senate priority, not Maharlika bill: Hontiveros

Sherrie Ann Torres, ABS-CBN News
Posted at Jan 25 08:57 PM

The Senate should prioritize fighting inflation and raising wages instead of passing the Maharlika Investment Fund (MIF) bill, Senator Risa Hontiveros said on Wednesday. Read more »

Maharlika fund prone to money laundering, corruption: tax expert

ABS-CBN News
Posted at Jan 25 10:41 AM

The Maharlika Investment Fund, in its current state, is prone to corruption and money laundering, Asian Consulting Group Founding Chairman and Chief Tax Advisor Mon Abrea told ANC on Wednesday. Read more »

Maharlika funding must undergo scrutiny: Gatchalian

ABS-CBN News
Posted at Jan 24 10:56 AM

The proposed re-engineered version of the Maharlika Wealth Fund defeats the purpose of a sovereign wealth fund, a lawmaker said on Tuesday. Read more »

Maharlika Investment Fund bill filed in Senate

ABS-CBN News
Updated as of Jan 23 09:31 PM

A version of the bill creating the Maharlika Investment Fund (MIF) has been filed by Senator Mark Villar, the lawmaker said on Monday. Read more »

Marcos Jr.: Sovereign wealth fund being designed to fit PH condition

Job Manahan and Pia Gutierrez, ABS-CBN News
Posted at Jan 21 02:33 PM

The President, who soft launched the Maharlika Investment Fund to world and business leaders during the World Economic Forum in Switzerland, said wealth funds 'operate in a different context of law.' Read more »

Marcos Jr. presents Maharlika Investment Fund in Davos

ABS-CBN News
Updated as of Feb 02 02:19 AM

President Ferdinand Marcos Jr. made his anticipated pitch for a proposed sovereign wealth fund to international business and government leaders at the World Economic Forum. Read more »

Maharlika Fund bill among Senate's priorities in 2023

Sherrie Ann Torres, ABS-CBN News
Posted at Dec 26 07:30 PM

The first three bills mentioned by Villanueva were included in the 19 priority measures of the Marcos administration. Read more »

NEDA chief: 'Appropriate' time to create Maharlika fund

Anjo Bagaoisan, ABS-CBN News
Posted at Dec 18 09:08 PM

Socioeconomic planning chief Sec. Arsenio Balisacan on Saturday expressed his support for creating the Maharlika Investment Fund. Read more »

Swift House approval of Maharlika fund bill draws flak

ABS-CBN News
Posted at Dec 16 11:14 PM

Critics bash the swift approval by House lawmakers of a controversial measure to create the country's first sovereign wealth fund. Read more »

Lawmakers say House rushed approval of Maharlika fund bill

RG Cruz, ABS-CBN News
Posted at Dec 16 10:22 PM

Lawmakers on Friday said fellow solons in the House of Representatives rushed the proposed creation of the "Maharlika Investment Fund", noting it only took less than usual days for the chamber to approve it. Read more »

Carpio: Maharlika fund a 'losing proposition'

Mike Navallo, ABS-CBN News ABS-CBN News
Posted at Dec 16 04:34 PM

“The annual cost of putting up and operating the fund will exceed the expected returns of the fund…Tayo malulugi. The public will pay in terms of taxes." Read more »

Carpio: Maharlika is sovereign debt, not wealth, fund

ABS-CBN News
Updated as of Dec 12 05:56 PM

Former Supreme Court Associate Justice Antonio Carpio on Monday called the proposed Maharlika Investment Fund a sovereign debt fund. Read more »

'Maharlika fund should focus on local investments first'

ABS-CBN News
Updated as of Dec 12 03:47 PM

A former Palace adviser suggested that the proposed sovereign wealth fund be invested first locally in big-ticket projects awarded to conglomerates. Read more »

Sovereign wealth fund bill gets major amendments

ABS-CBN News
Posted at Dec 10 12:14 AM

Proponents of the measure will no longer give to the President the chairmanship of the fund's managing board. Read more »