Maharlika Investment Corporation (MIC), which manages the Philippines’ sovereign wealth fund, is set to provide a bridge loan facility worth $76.4 million to Makilala Mining Co. Inc. (MMCI), the Philippine affiliate of Australia-based Celsius Resources Ltd. In a disclosure to the Australian...
Gabriela Party-list Rep. Arlene Brosas (left); President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Gabriela Party-list Rep. Arlene Brosas is doubtful that Marcos government's deal with privately-owned transmission company...
The Maharlika Investment Corporation (MIC) has expressed interest in acquiring China's stake in the National Grid Corporation of the Philippines (NGCP), following its recent share acquisition in Synergy Grid and Development Philippines Inc. (SGP). In a briefing on Tuesday, Jan. 28, MIC President...
(MANILA BULLETIN) Is the Philippine government eyeing a takeover of power grid operator National Grid Corporation of the Philippines (NGCP) through the Maharlika Investment Fund (MIF)? House Deputy Minority Leader AAMBIS-OWA Party-list Rep. Lex...
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 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...
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...
House Speaker Martin Romualdez (Speaker's office) The Maharlika Investment Corporation (MIC) should consider investing in the National Grid Corporation of the Philippines (NGCP) amid the "challenges" being faced by the power grid operator. Thus, said...
House Speaker Martin Romualdez (Speaker’s office) Promoting the Maharlika Investment Fund (MIF) might not have been part of the main agenda of the just-concluded 31st Asia-Pacific Parliamentary Forum (APPF31), but team Philippines still found a way to "sell" it...
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...
(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....