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Halt to MIF's implementing rules isn't end of fund: BSP • Cai U. Ordinario

THE Palace decision to halt the implementing rules of the Maharlika Investment Fund (MIF), the Bangko Sentral ng Pilipinas (BSP) said, does not mean the government has thrown in the towel in the effort to create the fund. On the sidelines of an event on Wednesday, BSP Governor Eli M. Remolona Jr. said he was
The Philippines Benjamine Diokno Elim Remolona Jr Kalayaan Hall Ferdinandr Marcos Jr Bangko Sentral

Agencies get November deadline on anti-laundering • Samuel P. Medenilla

WITH the country’s one-year reprieve from the Financial Action Task Force (FATF) almost over, Malacañang has ordered all concerned agencies to complete the country’s pending anti-money laundering commitments under the International Cooperation Review Group (ICRG) Action Plan by next month. In his Memorandum Circular (MC) No. 37 dated October 18, 2023, Executive Secretary Lucas P.
France General South Korea Republic Of Korea Lucasp Bersamin National Anti International Cooperation Review Group

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PHL posts P1.4T-approved investments under PBBM • Samuel P. Medenilla

The Department of Trade and Industry (DTI) is confident that the inflow of funds for approved foreign direct investments (FDI) will pick up in the coming months. In his presentation on the updates on investments leads during a sectoral meeting with President Ferdinand R. Marcos Jr. in Malacañang last Tuesday, DTI Secretary Alfredo E. Pascual
Alfredoe Pascual Bangko Sentral Ferdinandr Marcos Jr President Ferdinand

Palace holds rollout of Maharlika's rules • Samuel P. Medenilla

MALACAÑANG has suspended the implementation of the implementing rules and regulations (IRR) of Republic Act No. 11954 or the Maharlika Investment Fund, but did not give a reason for doing so. In a memorandum issued on October 12, Executive Secretary Lucas P. Bersamin directed the Land Bank of the Philippines (LBP) and the Development Bank
Benjamine Diokno Lucasp Bersamin Aquilino Koko Pimentel Menardo Guevarra Bangko Sentral Maharlika Investment Corporation

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