State-run Bases Conversion and Development Authority (BCDA) met with business delegates from the United Arab Emirates (UAE) to explore investment opportunities in New Clark City. During the UAE Investment Mission to the Philippines, Arab businesses and sovereign wealth funds showed interest in...
House Speaker Martin Romualdez (Speaker’s office) Promoting the Maharlika Investment Fund (MIF) might not have been part of the main agenda of the just-concluded 31st Asia-Pacific Parliamentary Forum (APPF31), but team Philippines still found a way to "sell" it...
President Marcos has said that the decision of the United States to send a high-level presidential delegation to the Philippines next year manifested both countries' strong partnership. Upon arriving from the US on Monday night, Marcos said he is looking forward to seeing more partnerships with...
Investment pledges secured by President Marcos during his recent trip to the US are expected to translate into actual deals “within the next couple of months,” Philippine Ambassador to the US Jose Manuel “Babe” Romualdez said Tuesday, Nov. 21. Romualdez expressed his optimism about the...
President Ferdinand "Bongbong" Marcos Jr. (BBM Media Bureau) The international community has displayed its confidence in the leadership of President Marcos in the form of $672.3 million worth of investment pledges. Thus, said House Speaker Martin Romualdez...
The Philippines has secured $672.3 million in investment pledges from various sectors during President Marcos' third visit to the United States. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PCO) According to Malacañang, the investments are as follows: $400-million for the...
President Marcos has denied allegations that the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act were relaxed to accommodate finance expert Rafael Consing Jr. President Ferdinand 'Bongbong' Marcos Jr. and Maharlika Investment Corporation President and CEO Rafael...
ILOILO CITY – An upcoming forum in Manila is eyeing at least P500 million in investments for Iloilo City, the neighboring towns in Iloilo province, and the island-province of Guimaras. The Metro Iloilo-Guimaras Economic Development Council (MIGEDC), in partnership with the Iloilo Economic...
The Maharlika Investment Corp. (MIC) plans to conduct international roadshows with the aim of attracting potential investors to invest their money in the Philippines' first sovereign wealth fund. Rafael Jose D. Consing, Jr., MIC president and chief executive officer, said newly-created fund would...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
The Maharlika Investment Corp. (MIC) said its investments will focus on four sectors that demonstrate financial stability and contribute to the betterment of the environment and society as a whole. In a briefing on Wednesday, Nov. 15, Rafael D. Consing Jr., MIC president and chief executive...
Newly appointed Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. rebuffed revelations that he had a pending fraud case filed against him and his mother that could put into question his appointment to the investment fund. Maharlika Investment Corp. President...