FACT CHECK: No news from PH Navy confirming French submarine acquisition

Rappler analyzed the script said in the video containing the claim using advanced Google search and found it to be from multiple sources.published by independent media outlet The Defense Post on September 15, 2022.

The Defense Post article reported that French ambassador to the Philippines Michele Boccoz and President Ferdinand Marcos Jr. discussed the possibility of a submarine deal between the two countries at their meeting last September 2022. However, the article said that the submarine deal is an ongoing discussion, with no confirmation of a final deal. Official news reports by

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Philippine Long Term Investment Fund: a good set-up - BusinessWorld OnlineTo assess the wisdom of House Bill No. 6608 or “An Act Establishing the Maharlika Investment Fund, Providing for the Management, Investment, and Use of the Proceeds of the Fund, and Appropriating Funds Therefor,” let us make sure that we know what exactly are the provisions contained in the final draft of the bill that was already passed in the Lower House, on which the Senate will start deliberating once it resumes its session this month.
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