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...
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...
