House Speaker Romualdez, kinumpirma na kasama siya sa delegasyon ni PBBM sa Malaysia;
PBBM, biyaheng Malaysia sa July 25
PBBM, biyaheng Malaysia sa July 25
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NewsTranscript
00:00 House Speaker Martin Rumualdez has discussed the possible negotiations regarding the upcoming trip of President Ferdinand R. Marcos Jr. to Malaysia.
00:10 The new law, the Maharlika Investment Fund, is included in this.
00:14 Mela Lesmora will give you the details. Rise and shine, Mela.
00:21 House Speaker Martin Rumualdez signed the agreement with the delegation of President Ferdinand R. Marcos Jr. to Malaysia.
00:30 The President will travel there on Tuesday, July 25 for his three-day state visit that is expected to be held with the two countries,
00:41 especially in the areas of agriculture, food security, tourism, and digital economy.
00:46 According to Speaker Rumualdez, the Maharlika Investment Fund of the Philippines is now in the law.
00:52 It is expected to be used for the trip to Malaysia by the administration,
00:57 especially since the officials of the country will face Malaysian business leaders there.
01:03 Again, House Speaker Martin Rumualdez said that the Philippines will benefit a lot from the MIF.
01:09 In agriculture, in infrastructure, in power, and in all the critical sectors of the economy that so badly need a limited resource.
01:20 So we're happy that we have these developments.
01:25 To date, there are still many people who are protesting against the Maharlika Investment Fund.
01:30 But Rumualdez said that even if this is questioned by the Supreme Court, he has confidence that there will be no problem.
01:38 In fact, many lawyers are contributing to our Maharlika.
01:46 And they say the proof of the pudding is in the eating.
01:49 Before President Ferdinand Marcos goes down, I think we will be so happy that we did this.
01:57 We will just regret why we didn't do it before.
02:00 Mel Alasmoras for the morning show of the country, Rise and Shine, Philippines.