The Maharlika Investment Corp. (MIC) plans to conduct international roadshows with the aim of attracting potential investors to invest their money in the Philippines' first sovereign wealth fund. Rafael Jose D. Consing, Jr., MIC president and chief executive officer, said newly-created fund would...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
The Maharlika Investment Corp. (MIC) said its investments will focus on four sectors that demonstrate financial stability and contribute to the betterment of the environment and society as a whole. In a briefing on Wednesday, Nov. 15, Rafael D. Consing Jr., MIC president and chief executive...
Newly appointed Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. rebuffed revelations that he had a pending fraud case filed against him and his mother that could put into question his appointment to the investment fund. Maharlika Investment Corp. President...
Manila 5th District Rep. Irwin Tieng (left), Zamboanga City 2nd district Rep. Mannix Dalipe (Facebook More high-ranking congressmen have welcomed the finalized implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF). House Committee on...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) There are many reason why Albay 2nd district Rep. Joey Salceda thinks Rafael Jose “Joel” Consing is an "excellent fit" for the job of president and chief executive officer (CEO) of the Maharlika...
Rafael Consing Jr., the newly appointed president and chief executive officer of the Maharlika Investment Corp. (MIC), defended the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF), insisting that “flexibility” must be assured to create its audit and...
(MANILA BULLETIN) House Senior Deputy Speaker Aurelio “Dong” Gonzales Jr. believes that Malacañang has created the "ultimate safeguard" to the Maharlika Investment Fund (MIF) with the finalization of the implementing rules and regulations (IRRs) for the law....
President Marcos has appointed Rafael Consing Jr. as president and chief executive officer of the Maharlika Investment Corporation (MIC). Rafael Consing Jr. (Photo from Rafael Consing LinkedIn page) Malacañang announced the development on Monday, Nov. 13, two days after the revised...
The Department of Finance (DOF) said on Monday, Nov. 13, that the revisions introduced to the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) act are within the bounds of the law. In a statement, the DOF affirmed the legality of the newly revised IRR for the...
One member of the Advisory Body tasked with finding qualified candidates to lead the Maharlika Investment Corp. (MIC) has supported the new rules that give the President more power in selecting board members. Budget Secretary Amenah F. Pangandaman said the revised implementing rules and regulations...
President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/ MANILA BULLETIN) House Speaker Martin Romualdez has hailed President Marcos' decision to maintain the independence of the Board of Directors of the Maharlika Investment Corporation (MIC). "This move...
