Former Communications Secretary Martin Andanar has denied allegations that he was the one behind vloggers or internet influencers who openly criticize President Marcos and his administration. Former Communications Secretary Martin Andanar (Malacañang file photo) Andanar made the denial after...
The Bureau of the Treasury is set to disburse the P75 billion seed capital to the Maharlika Investment Corp. (MIC) sourced from the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). This decision comes following the approval by the MIC Board, chaired by Finance...
The Maharlika Investment Corp. (MIC) deliberated on the strategic direction of the fund, with Finance Secretary Ralph G. Recto assuming the role of the new chairperson. The Department of Finance (DOF) reported that on Friday, Jan. 26, Recto chaired the second board meeting of the MIC. Last Jan. 7,...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez floated the possibility of using the Maharlika Investment Fund (MIF) to help local auto manufacturers as the industry adjusts to the needs of the Public Utility...
House Speaker Martin Romualdez (Speaker’s office) The House Speaker Martin Romualdez-led Philippine delegation to this year's World Economic Forum (WEF) have successfully drummed up interest for the country and its nascent Maharlika Investment Fund...
House Speaker Martin Romualdez (Speaker’s office) With its unique demographic advantage, ongoing economic reforms, and synergy with the Association of Southeast Asian Nations (ASEAN), the Philippines makes for an ideal destination for foreign investment,...
House Speaker Martin Romualdez (2nd from right) tells potential foreign investors at the World Economic Forum (WEF) in Davos, Switzerland that now is the time to invest in the Philippines' Maharlika Investment Fund. (Speaker’s office) House Speaker...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez rubbed elbows with elite sovereign wealth fund managers and top government leaders as he spearheaded the Philippine delegation's participation at the 2024 annual meeting of the...
President Marcos’ newly appointed finance secretary, Ralph G. Recto, said he would ensure that the Maharlika Investment Fund (MIF) will “operate in fidelity with the law and fulfill its intended objectives.” The MIF, which is the country’s first wealth fund, is managed by the Maharlika...
Bicol Saro Party-list Rep. Brian Raymund Yamsuan (Rep. Yamsuan's office) Bicol Saro Party-list Rep. Brian Raymund Yamsuan has reiterated his proposal to utilize the Maharlika Investment Fund (MIF) in kickstarting the modernization of the Bicol Express...
Senator Imee Marcos on Tuesday, January 9 said she remains unconvinced over proposals that investing part of the Maharlika Fund in the National Grid Corporation of the Philippines (NGCP) would be the best way to solve the country’s power transmission problems. Marcos pointed out...
Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. believes that a probable investment by the sovereign fund into the National Grid Corporation of the Philippines (NGCP) will be profitable, as well as bring stability to the grid and power communities across...
