this post was submitted on 18 Oct 2023
5 points (100.0% liked)

Philippines

1605 readers
3 users here now

Mabuhay at maligayang pag-alis sa Lemmy! ✈️

An abandoned community for the Philippines and all things Filipino! 🇵🇭

Started out as a Reddit alternative during the blackout from Jun 12-21, 2023 with over 1k members in just a few days. Fizzled faster than the "I Didn't Do It" kid after a month until it became the internet's Centralia in less than a year.

Image

image

image

Filipino artists whose works were featured on our daily random thread covers.

Image

founded 1 year ago
MODERATORS
decadentrebel@lemmy.world
sarcasticookie@lemmy.world
decayedramen@lemmy.world
TheLastManetheren@lemmy.world
clock_age@lemmy.world
jcg@lemmy.world
chocolatemeringue@lemmy.world
the_yaya@lemmy.world
dadidutdut@lemmy.world
5
Marcos suspends Maharlika fund implementation (newsinfo.inquirer.net)
submitted 1 year ago by starscar12@lemm.ee to c/philippines@lemmy.world
3 comments fedilink hide all child comments
 

MANILA, Philippines — President Ferdinand Marcos Jr. has stopped the rapid push to bring to life the Maharlika Investment Fund (MIF) this year, directing the key people concerned to stand down and further study the plan.

In a memorandum dated Oct. 12 and addressed to the heads of the Bureau of the Treasury, Land Bank of the Philippines, and Development Bank of the Philippines (DBP), Executive Secretary Lucas Bersamin said that “upon the directive of the President, the Treasurer of the Philippines, in coordination with [Landbank] and DBP, is hereby directed to suspend the implementation of the IRR (implementing rules and regulations)” of the law that created the MIF.

According to Bersamin, the suspension stands “pending the further study” of the IRR.

The Treasurer and the chief executive officers of Landbank and DBP were also told to notify “all concerned heads of departments, bureaus, offices and other agencies.” Bersamin did not elaborate.

you are viewing a single comment's thread
view the rest of the comments
[–] Companion1666@lemmy.world 4 points 1 year ago

oh akala ko napag-aralan nila ito nang mabuti... for the lolz