Senate President Juan Miguel 'Migz' Zubiri thanked his colleagues after the marathon session.Sen. Ana Theresia 'Risa' Hontiveros registered the negative vote while Sen Maria Lourdes 'Nancy Binay abstained. Senate Minority Leader Aquilino 'Koko' Pimentel left the session hall before the voting.Also absent were Senators Francis Joseph 'Chiz' Escudero and Maria Josefa Imelda 'Imee' Marcos.
It's ahead of it's time, so to speak,' Hontiveros said in explaining her vote.'At this time, I think that what we need is to capitalize our GOCCs so that they can venture where the private sector hesitates to go into utility scale batteries, cold storage for fish and vegetables, PUV modernization,' she said.Hontiveros added, 'But it is not, in my mind, a Maharlika Fund that is fit for this purpose.
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:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senate votes to pass bill creating controversial Maharlika Investment FundA heavily reconstructed version of the controversial Maharlika Investment Fund bill secured the nod of the Senate on its second and third reading, eight days after President Ferdinand Marcos Jr. had certified the measure as urgent. | BPinlacINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Senate passes Maharlika Investment Fund billThe Senate approved on early Wednesday on third and final reading the bill seeking to establish the Maharlika Investment Fund (MIF), a sovereign wealth fund that the government can use to make investments.
Source: gmanews - 🏆 11. / 68 Read more »
Senate approves Maharlika Investment Fund BillWith a 19-1-1 vote, senators early Wednesday morning approved on third and final reading Senate Bill (SB) 2020 which creates the Maharlika Investment Fund.
Source: CNN Philippines - 🏆 13. / 63 Read more »
Senate approves Maharlika Investment Fund bill(UPDATE) WITH 19 affirmative votes, one negative and one abstention, the Senate in plenary approved early Wednesday morning Senate Bill (SB) 2020 or the Maharlika Investment Fund (MIF) bill.
Source: TheManilaTimes - 🏆 2. / 92 Read more »
GSIS, SSS boards to decide on Maharlika Fund investment --- DioknoFinance Secretary Benjamin Diokno on Tuesday, May 30, said that it is up to the boards of directors of state pension institutions, such as the Social Security System (SSS) and Government Service Insurance System (GSIS), to invest into the proposed Maharlika Investment Fund (MIF).
Source: manilabulletin - 🏆 25. / 51 Read more »
Maharlika Investment Fund in need of ‘iron-clad’ provisionSENATE Minority Leader Aquilino “Koko” Pimentel III raised on Tuesday, May 30, 2023, the need for an “iron-clad” provision in the Maharlika Investment Fund (MIF) bill that...
Source: sunstaronline - 🏆 18. / 59 Read more »