Page 190 - Malaca News Today

Do lawmakers know the exact nature of the Maharlika fund that they have approved with impressive speed?

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THE Japan Bank for International Cooperation (JBIC) is now in talks with several local firms for possible investments, which will help in the country’s efforts towards energy security. During his meeting with President Ferdinand R. Marcos Jr. in Malacañang last Wednesday, JBIC Chairman of the Board Tadashi Maeda disclosed they want…

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The Senate swiftly approved on Wednesday its version of the controversial Maharlika fund bill that President Ferdinand Marcos Jr. certified as urgent, with lawmakers agreeing to ban the use of government pension money to bankroll the proposed sovereign wealth account.

The Marcos administration is working with the International Monetary Fund (IMF) for the conduct of a study aimed at addressing the low value-added tax (VAT)

Transportation Secretary Jimmy Bautista named Assistant Secretary Hector Villacorta as caretaker of the Land Transportation Office (LTO) in light of the resignation of Jay Art Tugade.

Also on Tuesday, Estrella reported resolving some 1,200 “vintage” land cases as a response to the President’s directive, with most of them to be about five-