The Maharlika Investment Corporation, the management that runs the state’s wealth fund, said it has finalized its governance structure, as well as its principles and framework in deciding investments. During a meeting presided over by Finance Secretary and MIC Chairperson Ralph G....
A study that would address the problem of the supply of electricity in Palawan is now underway, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In his speech during the distribution of assistance to communities severely affected by El Niño in Puerto Princesa,...
By ZALDY COMANDA BAGUIO CITY – A fire hit the third floor of the sprawling Maharlika Livelihood Complex here before dawn on Tuesday, July 16. MAYOR Benjamin Magalong (in yellow jacket) responds to a fire at the Maharlika Commercial Complex in Baguio City on July 16. (Photo via Zaldy Comanda)...
President Marcos has pinpointed the immediate rehabilitation of the deteriorated segments of Maharlika Highway in Samar province as one of the focuses of his administration in improving the region’s economy. President Ferdinand ‘Bongbong’ Marcos Jr. delivers his speech during the distribution...
The Maharlika Investment Corp. (MIC), the agency that manages the sovereignty wealth fund, said it will focus its investments on energy transmission lines across regions. MIC President and Chief Executive Officer Rafael D. Consing Jr., said that there are already many investments in generation and...
The Social Security System (SSS) announced that its net revenues for the first three months of the year increased by 60 percent. In a proactive effort to reach its goal of P100 billion in total net income for this year, SSS said that the overall net revenues for the first quarter valued at P33.9...
Maharlika Investment Corp. (MIC), the operator of the country's sovereign wealth fund, has partnered with the Bases Conversion and Development Authority (BCDA) to explore investment opportunities for its properties, including Clark Freeport and Special Economic Zone. BCDA President and Chief...
The Maharlika Investment Corp. (MIC) unveiled its new company logo that aims to symbolize dedication to building a prosperous future for the Philippines. Inspired by the majestic Philippine Eagle, the state-run firm governing the Maharlika Investment Fund (MIF) said the logo embodies strength and...
The full energization of at least eight unserved off-grid domains in the provinces of Quezon, Palawan and Cebu will finally take off as the Department of Energy (DOE) has already awarded the contract that shall underpin the project’s implementation and eventual commercial operations. The...
The Maharlika Investment Corporation (MIC) is set to enter an international governing body that will ensure effective operation and strengthen transparency of the state's wealth fund. This following the approval of MIC's proposal to apply for Associate Membership in the International Forum of...
The Maharlika Investment Corp. (MIC), an entity that manages the sovereign wealth fund, said it plans to raise $1 billion for energy projects alone by the end of the year. On the sidelines of an economic forum hosted by the German Club Manila, MIC President and Chief Executive Officer Rafael...
Senators are proposing stiffer penalties and even jail time to players, coaches and others who will be involved in game fixing schemes. Sen. Christopher Lawrence “Bong” Go says the Committee on Sports is studying a proposal that aims to institute a law against game fixing and promote...
