Here鈥檚 a quick roundup of today鈥檚 top stories:
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 鈥渦pon 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)鈥� of the law that created the MIF.
Vice President Sara Duterte on Wednesday said that now is not the time for politicking.
After the House of Representatives stripped of her proposed confidential funds, the Vice President told her supporters that she understood their frustrations.
罢丑别听聽(QCPD) will file a case against four members of the Philippine College of Criminology chapter of the Tau Gamma Phi fraternity for the fatal hazing of fourth-year criminology student Ahldryn Bravante.
QCPD investigators have also started tracking other Tau Gamma Phi members who might also be linked to Bravante鈥檚 death, Brig. Gen. Redrico Maranan, QCPD chief, said in a statement issued on Tuesday evening.