to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GSIS vows transparency, investment protection in proposed Maharlika fundThe Government Service Insurance System gave assurance that there will be transparency in the proposed Maharlika Investment Fund and that investments that will be made through it would be protected. | DYGalvezINQ DYGalvezINQ The independent directors are chosen by presidential appointees, making the independent directors pass-through presidential appointees. There is nobody on the board, or advising the board, that isn’t directly or indirectly employed by the president. DYGalvezINQ DYGalvezINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Proposed Maharlika fund loses support of PCCIThe PCCI is now urging the government to reconsider the creation of the SWF, reversing its position last week as the first major private sector association to support the proposal contained in House Bill No. 6398, or the Maharlika Investments Fund Act. look RDA47338427 cocheWILLBEBACK jesca_1964 bumaliktad na din ang PCCI Because if the government earns money on its own then the private sector can no longer invite their foreign masters to rape the Philippine economy. Ok lng nmn kung gusto nila mgkaron ng MWF, basta ba galing sa sarili nilang bulsa at wag kukunin sa pera ng taong bayan. Total yujg ibang mga senador, congressmen at ung 31m gusto yan eh di mgambagan kayo. Plus pabayarin nyo ung estate tax pra nmn may starting capital na kayo.
Source: inquirerdotnet - 🏆 3. / 86 Read more »
EXPLAINER: What is the 'Maharlika fund' and why is it raising concern among critics, including Marcos' sister?What would happen if the Maharlika Wealth Fund would be enacted into a law? | via philstarlife philstarlife What would happen is that masusunog mga pensions natin mga tao plain and simple.
Source: PhilippineStar - 🏆 7. / 71 Read more »
Maharlika Wealth Fund: Cheers and fears - BusinessWorld OnlineCRITICS from various sectors — including private citizens, economists, academics, bankers, and government officials — have decried the Maharlika Wealth Fund (MWF), citing lack of fiscal space, high debt levels, and possible mishandling of funds as reasons the Philippines is not ready for a sovereign wealth fund (SWF).
Source: bworldph - 🏆 9. / 68 Read more »
Groups say Maharlika Fund has ‘insufficient safeguards,’ ask what about health worker benefits?The proposed sovereign wealth fund or the Maharlika Investment Fund (MIF) does not have enough safeguards to protect public funds from losses or being looted, Bayan Muna chairperson Neri Colmenares said Monday.
Source: gmanews - 🏆 11. / 68 Read more »
Hontiveros on Maharlika fund: 'We don't need it, can't afford it'Senator Risa Hontiveros on Tuesday echoed the sentiments if other lawmakers who expressed concerns over a proposal creating a sovereign wealth fund, saying it is counterproductive to the nation’s economic goals. kaya nga po sen risa hindi naman natin kailangan nyan tama ka sen risa dahil dyan tataas lang yung bilihin unahin talaga dapat yung urgent proirities
Source: manilabulletin - 🏆 25. / 51 Read more »