The Bureau of the Treasury has released the implementing rules and regulations (IRR) that will govern the Maharlika Investment Fund (MIF), paving the way for the official establishment of the country's first sovereign wealth fund. Now that the IRR has been officially published, it is worth...
The Bureau of the Treasury released the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) following comprehensive consultations with the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). Finance Secretary Benjamin E. Diokno said the...
CEBU CITY – Metro Cebu will certainly benefit from the Maharlika Investment Fund (MIF), Sen. Mark Villar assured. Villar said the MIF, the country's first-ever sovereign investment fund, will provide the country more funds for infrastructure, agriculture, and energy projects. “I’m excited...
A Japanese official has wished for the Philippines' success in managing its Maharlika Investment Fund, especially in the country's infrastructure agenda. President Ferdinand 'Bongbong' Marcos Jr. and Chief Representative of Japan’s Komeito Party Natsuo Yamaguchi (Photo courtesy of KJ...
Metro Pacific Investments Corporation, a diversified conglomerate led by businessman Manuel V. Pangilinan, expects to exceed its core earnings target of P16.1 billion for 2023—higher than its pre-pandemic record core profit of P15.6 billion. During a media briefing, MPIC Chief Finance, Risk and...
(MANILA BULLETIN) If the Philippine Amusement and Gaming Corporation's (Pagcor) interpretation of the Maharlika Investment Fund (MIF) Law is spot on, then the agency could end up contributing between P3.6 billion and P4 billion to the sovereign wealth fund. ...
An American company is planning to invest up to $1 billion for the expansion of its Clark and Baguio City facilities in the country, Malacañang announced. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) American microprocessors manufacturer Texas Instruments...
Senator Sherwin Gatchalian on Friday, August 4 echoed assessments that President Ferdinand “Bongbong” Marcos Jr.’s request of a higher allocation for his official travels for next year is justifiable. Sen. Sherwin Gatchalian (Senate PRIB Photo) Gatchalian pointed this out...
(MANILA BULLETIN) The Maharlika Investment Fund (MIF) won't have any immediate impact on the 2024 national budget, but that may not be the case in subsequent years particularly in the funding of major infrastructure projects. Department of Budget and Management (DBM) Secretary Amenah Pangandaman...
The finalization of a P3-billion investment deal between two private companies in the Philippines and Malaysia was hastened with the state visit of President Ferdinand "Bongbong" Marcos Jr. to the foreign country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Marcos said...
Over 100,000 job opportunities are expected to be generated once the $285-million investment pledges from Malaysia materialize. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) “We don’t have a number as yet because we – kakapirma lang (just signed it). So, we will have to make the...
President Ferdinand "Bongbong" Marcos Jr. bared that all those he met during his three-day state visit in Malaysia have expressed interest in the Philippines' Maharlika Investment Fund (MIF). President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) "Yes, lahat. Lahat naman nag-express ng interest...
