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Surigao del Sur Representative Johnny Pimentel foresees the planned state-run Maharlika Investment Fund (MIF) venturing into infrastructure development solutions, instead of merely holding passive assets such as fixed-income instruments, equities and bonds. “If we look at Indonesia, they are actually using their newly established sovereign wealth fund to attract private partners that can co-invest in […]
The chairman of the House Strategic Intelligence Committee called for the immediate passage of a measure seeking to prescribe a fixed three-year tour of duty for the Armed Forces of the Philippines (AFP) chief of staff. Surigao del Sur Representative Johnny Pimentel made the call after Malacañang named Lt. Gen. Andres Centino as the AFP’s […]
The national government has allocated up to P34 billion next year for right-of-way (ROW) payments as the Duterte administration lays the groundwork for the sustained construction of large, multiphase public infrastructure projects, Surigao del Sur Representative Johnny Pimentel said. “The ROW payments next year will assure the full completion of several ongoing projects under the […]