 Hi Edward, Here are the most important news that you need to know. Lawmakers proposing the Maharlika Investment Fund (MIF) on Wednesday decided to drop the Government Service Insurance System (GSIS) and the Social Security System (SSS) as contributors to the sovereign wealth fund in the wake of mounting opposition from several business groups, civil society and even legislators. China’s maritime militia vessels have anchored at a reef and a shoal close to Palawan as part of a strategy to keep Filipinos away from key areas in the West Philippine Sea (WPS), according to a maritime law expert.  GIFT GIVER A Metropolitan Manila Development Authority official dressed in Santa Claus costume entertains children at Justice Abad Santos Memorial Hospital in Manila, where he and his colleagues held a gift-giving activity more than two weeks before Christmas. —MARIANNE BERMUDEZ  The Department of Transportation (DOTr) reported a record-breaking number of passengers for the Libreng Sakay (free ride) program, which the agency attributed to the Christmas rush. The DOTr recorded 410,474 passengers on Monday, an all-time high since the program started in 2020. Considering that taxpayer money is already being spent on fulfilling Arta’s mandate, perhaps it would be better for the President to just double down on what it has been tasked to do, as a new executive order may just add another layer of unwanted and unnecessary bureaucracy. |
House drops GSIS, SSS from Maharlika fund plan
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December 07, 2022
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