Maharlika bill goes to Palace

House adopts Senate version, keeps ban on state pension funds

By Macon Ramos-Araneta, Maricel V. Cruz and Vince Lopez

THE enrolled copy of the Maharlika Investment Fund (MIF) bill will be transmitted to the Palace for signing by President Ferdinand Marcos Jr. after both Houses of Congress adopted the bicameral conference committee report, Senate President Juan Miguel Zubiri said Wednesday afternoon following more than 12 hours of deliberation.

Typhoon ‘Betty’ affects close to 15,000 people

By Joel E. Zurbano and Charles Dantes

A TOTAL of 14,908 people or 3,821 families have been affected as of Wednesday by Typhoon “Betty,” which will continue to affect Batanes and northern Luzon and enhance the southwest monsoon or “habagat” until it exits the Philippine Area of Responsibility by week’s end.

Batanes is still under Tropical Cyclone Wind Signal No. 1 and may continue to experience gale-force winds due to Betty, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said in its 8 p.m. advisory.

In a 20-minute meeting of the bicameral conference committee at the Manila Polo Club in Makati City, the House adopted the Senate version of the bill, negating the need to reconcile the disagreeing provisions of the two versions. President

Maricel V.