The Bureau of the Treasury said that Land Bank of the Philippines and the Development Bank of the Philippines (DBP) can still invest up to a quarter of their net worth in Maharlika Investment Corp. (MIC). In a recent interview with reporters, National Treasurer Rosalia V. de Leon said the initial...
President Marcos assured foreign business leaders that professional managers would run the Maharlika Investment Fund (MIF) as politicians could cause its failure. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this as he wooed foreign business leaders to explore the...
President Marcos has told the international community that the Philippines first investment fund—Maharlika Investment Fund— is run by professionals and not by the government. President Ferdinand 'Bongbong' Marcos Jr. (RTVM/Milken Institute Screenshot) It is similar to the assurance he...
The Bureau of the Treasury said it has received a high number of inquiries about job requirements for Maharlika Investment Corp. (MIC). National Treasurer Rosalia V. de Leon said serious applicants have shown significant interest, and more nominees are expected as the Sept. 27 deadline...
Ready to join Maharlika Investment Corp. (MIC)? The Bureau of the Treasury is on the hunt for top-notch managers to lead the country’s sovereign wealth fund. According to the advisory on the Treasury website, nominations and applications for the MIC's Board of Directors are now officially open....
The Philippines' envoy to Japan has encouraged Japanese investors to "explore various economic opportunities" in the Philippines, through public-private partnerships and the Maharlika Investment Fund, the Department of Foreign Affairs (DFA) said Monday, Sep. 4. Philippine Ambassador Mylene Albano...
The Securities and Exchange Commission (SEC) has advised the public against dealing with a scheme using President Ferdinand "Bongbong" R. Marcos Jr.'s initials or "BBM" with his photo to solicit investments without the necessary license. In an advisory, the SEC warned the public against Bagong...
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...
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...
