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iACADEMY's offers journey of creativity and innovation 

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iACADEMY believes that in order to get different results one must try and do something different. Known for its strong industry partnerships that deliver 96% placement rate, iACADEMY is delighted to showcase student works and extend a warm invitation...

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Group to launch 'Euro 6' environment-friendly PUJs 

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A transport group representing mostly jeepney drivers and operators is leading the launch of environmentally sound “modern jeepneys” to avert the looming phase-out of their sources of livelihood, according to a report by Philippine News A...

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iACADEMY, a frontrunner in innovative education, is poised to embark on an unprecedented venture with DigiPlus, a renowned retail gaming provider. On September 12, 2023, the two industry leaders convened to formalize an inspiring partnership that pro...

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Finance Secretary Benjamin Diokno

Diokno supports certification of Maharlika Fund bill 

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Finance Secretary Benjamin Diokno welcomed President Ferdinand R. Marcos Jr.'s move to certify as urgent Senate Bill 2020 that seeks to create the Maharlika Investment Fund, according to a report by Philippine News Agency.

"We welcome the certification of urgency of the Maharlika Investment Fund bill," Diokno told reporters in a Viber message late Wednesday. "This is the best possible time to establish the fund."

The proposed bill is currently under the period of interpellations.


Diokno said the Maharlika Investment Fund would strengthen the economy’s resilience through investment-led growth.

"This is especially pertinent now amid a possible slowdown in the world economy, which the IMF (International Monetary Fund) predicts will grow by a mere 2.8 percent this year," he said.

Diokno noted that while the country's macroeconomic fundamentals are intact, the Philippines must take advantage of robust instruments to maintain its growth momentum through investments in strategic, economically viable, and high-impact infrastructure and other development projects.

"And second, this is an opportune time to take advantage of the ample liquidity of our government financial institutions, which have investible funds," he said.


Diokno earlier explained that the Maharlika Investment Fund is a tool to diversify the country’s financial portfolio, which includes existing institutions pursuing investment activities.

The Fund will be used specifically for investments with high returns, and infrastructure development.

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