The Department of Public Works and Highways (DPWH) will reblock a section of Maharlika Highway in Santa Fe, Nueva Vizcaya on Nov. 20 after the project was granted an exemption from the nationwide suspension on reblocking works. DPWH Regional Office II said the activity will cover the left lane...
The Maharlika Investment Corp. (MIC) proudly announces that its Chief Legal Officer and General Counsel, Atty. Paul T. Salanga, has been recognized by CEO Insight Asia as one of the “Top 10 General Counsel in the Philippines - 2025.” This prestigious recognition underscores Atty. Salanga’s...
The Department of Energy (DOE) plans to look into the stalled deal between state-run Maharlika Investment Corp. (MIC) and Synergy Grid & Development Philippines, Inc. (SGP), as the transaction documents have remained unclosed for more than 90 days since they signed a binding offer. During a Senate...
Philippine sovereign wealth fund (SWF) manager Maharlika Investment Corp. (MIC) has denied circulating claims that a fraudster serves as the state-run firm’s adviser. In an Oct. 21 statement, MIC said it “unequivocally and categorically denies” that a convicted fraudster from the financing...
As the country reconsiders nuclear energy, the Department of Energy (DOE) is set to explore financing options in coordination with the Department of Finance (DOF), the Department of Economy, Planning and Development (DepDev), and the Maharlika Investment Corp. (MIC), among other agencies. In a...
Maharlika Investment Corp. (MIC), the Philippines’ sovereign wealth manager, aims to generate ₱1.8 billion in gross income this year from the ₱34.9 billion in capital it plans to deploy. According to the state-owned investment fund 's performance scorecard, MIC is targeting a net income...
BAGUIO CITY – A fire engulfed the basement of the Maharlika Livelihood Complex here with a floor area of 1,500 square meters, which lasted for eight hours before it was completely declared out. The fire started at around 9 p.m. on Sept. 6 and put out 5:04 a.m. on Sept. 7. Mayor Benjamin Magalong,...
Two-year-old Maharlika Investment Corp. (MIC) has appointed veteran investment banker Stephen Anthony T. CuUnjieng to its board to oversee investment strategy, evaluation, and approvals. “With deep experience across capital markets, mergers and acquisitions, private equity, venture capital, real...
Around ₱5 billion worth of investments is the figure Maharlika Investment Corp. (MIC) has set upon entering a partnership with Saudi Arabia-backed ACWA Power to develop renewable energy (RE) projects that will supply electricity to nearly 500,000 off-grid households in the Philippines. Winchell...
Maharlika Investment Corp. (MIC) has entered into a partnership with Saudi Arabia-backed ACWA Power to develop renewable energy (RE) projects that will bring electricity to off-grid islands in the Philippines. In a LinkedIn post on Sunday, Aug. 24, MIC President and Chief Executive Officer (PCEO)...
UNITED KINGDOM - I am here right now in England because I was invited to be the main artist for several barrio fiestas. The first was last June 7 at Yorkshire, June 8 at Derbyshire, and just last Sunday, June 15, at Milton Keynes. When Filipinos organize an event in a particular area, everyone...
A business delegation composed of at least 20 Australian mining companies will come to the Philippines in the second half of 2025 to explore opportunities amid renewed interest among foreign investors in the extractive sector. "There will always be plenty of business missions [from Australia]. We...
