President Ferdinand Marcos Jr. has ordered the suspension of the implementing rules and regulation (IRR) of the Maharlika Investment Fund (MIF), his office announced Wednesday, Oct. 18, 2023.Executive Secretary Lucas Bersamin issued a memorandum addressed to Bureau of Treasury officer-in-charge Sharon Almanza, Land Bank of the Philippine (LBP) president and chief executive officer (CEO) Lynette Ortiz, and Development Bank of the Philippines (DBP) president and CEO Michael de Jesus for the suspension of the implementation of the IRR of Republic Act 11954, or the Maharlika Investment Fund Act of...