IKOT.PH
The proposal of Senator Bato Dela Rosa to prohibit the use of government social welfare entities such as the Social Security System (SSS) and the Government Service Insurance System (GSIS) to invest in the Maharlika Investment Fund was adopted in the Congress’ final version of the Maharlika Investment Fund Bill. Senate Bill No. 2020 or […]
To make sure ordinary Filipinos understand the proposed Maharlika Investment Fund Act, Senator Robin Padilla pushed for a Filipino translation of the measure and its related documents. Padilla, an advocate for the use of Filipino as a medium of official communication, made the proposal during the period of amendments on the Maharlika bill at the […]
The journey of Canadian vlogger Kyle Douglas Jennermann to becoming a Filipino reached its final leg of the race with the approval of a Senate bill seeking to grant him Filipino citizenship. House Bill No. 7185 was approved on third and final reading at the Senate recently. The measure was sponsored by Senator Francis Tolentino […]
Senate Minority Leader Koko Pimentel III said there should be an iron-clad provision that will guarantee that pension funds will not be touched or compromised in the Maharlika Investment Fund (MIF) bill. “Our workers’ hard-earned pension should be shielded from any adverse implications that could arise from the establishment of MIF,” he added. Without an […]
AGRI Party-list Rep. Wilbert T. Lee on Tuesday hailed the passage of a measure to revive the country’s salt industry, one that is expected to provide more jobs in rural areas and increase local production to end the country’s dependence on salt importation. Lee, one of the principal authors of House Bill No. 8278 or […]
Senator Bong Go reiterated his support for the reimposition of the death penalty in cases involving heinous crimes related to illegal drugs. In an ambush interview after personally aiding struggling residents in Sariaya, Quezon, Go emphasized the need to instill fear in criminals and highlighted the devastating impact of drug-related offenses on countless innocent lives […]
Recognizing the far-reaching implications of the highly contentious Maharlika Investment Fund bill, Senate Minority Leader Koko Pimentel III is leaving no stone unturned in exposing deep-rooted flaws of the proposed measure in a bid to sway his colleagues to vote against the bill. “Truth is, this bill is unsalvageable and beyond repair,” Pimentel declared a […]
The Civil Service Commission (CSC) conducted a virtual conference for the member states of the Association of Southeast Asian Nations (ASEAN) aimed at further advancing gender mainstreaming in the region. Held on 23 May 2023 via Zoom, the activity was organized by the CSC through the Civil Service Institute with support from the ASEAN Secretariat. […]
Senator Chiz Escudero has called for more “earning guarantees” in the Maharlika Fund bill, which would allow the sovereign fund to surpass the 6% income threshold that two state-owned banks presently earn from their investments. Without “benchmark in yields,” Escudero warned that the billions the Land Bank of the Philippines (LBP) and the Development Bank […]
Anakalusugan Partylist Rep. Ray T. Reyes scored the National Grid Corporation of the Philippines (NGCP) after a recent Senate hearing revealed that it had been charging consumers for its delayed projects. “Charging customers for a project that has not been completed should be considered a criminal act by NGCP,” Reyes said. ERC records show that […]