GSIS and SSS may still invest in Maharlika fund if their boards will allow – lawmaker

Indonesia Berita Berita

GSIS and SSS may still invest in Maharlika fund if their boards will allow – lawmaker
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

The inclusion of the GSIS and SSS in the proposed Maharlika Investment Fund would depend on the decision of their respective board of directors. |n GabrielLaluINQ

Tieng, chair of the House committee on banks and financial intermediaries, said in response that he cannot answer the question because it would depend on the respective board of these GFIs or GOCCs.

Castro pressed on to inquire if GSIS and SSS funds may eventually be utilized to bankroll the MIF even if the current version of the proposed law removed them from the list of money sources for the trust. “So balik ako, other GFIs, and government-owned and controlled corporations may be authorized to contribute to the MIF subject to their respective investment trees, et cetera… so sino po ‘yong mag-authorize, ito po ba ‘yong MIF board, or ‘yong board nila?” Castro raised.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

inquirerdotnet /  🏆 3. in PH

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Will Maharlika get off the ground?Will Maharlika get off the ground?Sometimes the noblest intentions do not necessarily end up with spectacular results. Or even just popular acceptance. But maybe we
Baca lebih lajut »

‘Earnings from Malampaya must go to Maharlika fund’‘Earnings from Malampaya must go to Maharlika fund’“We would highly recommend that all potential government earnings from prospective undersea gas development projects – excluding those from Malampaya – should accrue to the MIF,” he said. READ:
Baca lebih lajut »

Marcos: Maharlika Fund advantageous ‘for sure’Marcos: Maharlika Fund advantageous ‘for sure’President Ferdinand Marcos Jr. on Monday broke his silence on the proposed Maharlika Wealth Fund, saying he believes it would be advantageous for the Philippines amid apprehension from several groups. 
Baca lebih lajut »

Marcos breaks silence, says Maharlika fund advantageous 'for sure'Marcos breaks silence, says Maharlika fund advantageous 'for sure'President Ferdinand Marcos Jr. broke his silence on the Maharlika Wealth Fund on Sunday, December 11, saying that the controversial proposal is advantageous to the Philippines. Full story:
Baca lebih lajut »

FAST FACTS: What is the Maharlika Investment Fund?FAST FACTS: What is the Maharlika Investment Fund?(1st UPDATE) Lawmakers have significantly stripped down the Maharlika Investment Fund's capital, and changed its board structure. Here are the latest revisions to the proposal.
Baca lebih lajut »

Ex-cabinet execs join call to scrap Maharlika Fund - BusinessMirrorEx-cabinet execs join call to scrap Maharlika Fund - BusinessMirrorLAMENTING the weak justification and objectionable features of the proposed Maharlika Wealth Fund (MWF), former Cabinet officials have backed opposers, on grounds of its “lack of principles of prudential regulation and risk management, conflict-of-interest avoidance, transparency and accountability.” Fellows and members of economic think tank Action for Economic Reforms (AER), faculty members and professor emeriti
Baca lebih lajut »



Render Time: 2025-04-22 11:48:36