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...
President Marcos now has the power to reject nominees to the Board of Directors of the Maharlika Investment Corporation (MIC) based on the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) Act. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang file...
President Marcos is set to receive a list of names on Monday, from which he will handpick six individuals to join the board of the Maharlika Investment Corp. (MIC). A total of 29 candidates have successfully met the qualifications for various positions at the MIC, including the roles of president...
The Advisory Body for the Maharlika Investment Corp. (MIC) has received a considerable number of applications for the six vacant positions on the board of directors of the sovereign wealth fund. The Advisory Body, which consists of the Department of Budget and Management (DBM), National Economic...
The Bureau of the Treasury said that Land Bank of the Philippines and the Development Bank of the Philippines (DBP) can still invest up to a quarter of their net worth in Maharlika Investment Corp. (MIC). In a recent interview with reporters, National Treasurer Rosalia V. de Leon said the initial...
The Bureau of the Treasury said it has received a high number of inquiries about job requirements for Maharlika Investment Corp. (MIC). National Treasurer Rosalia V. de Leon said serious applicants have shown significant interest, and more nominees are expected as the Sept. 27 deadline...
Ready to join Maharlika Investment Corp. (MIC)? The Bureau of the Treasury is on the hunt for top-notch managers to lead the country’s sovereign wealth fund. According to the advisory on the Treasury website, nominations and applications for the MIC's Board of Directors are now officially open....
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...
The Bureau of the Treasury has released the implementing rules and regulations (IRR) that will govern the Maharlika Investment Fund (MIF), paving the way for the official establishment of the country's first sovereign wealth fund. Now that the IRR has been officially published, it is worth...
The Bureau of the Treasury released the implementing rules and regulations (IRR) for the Maharlika Investment Fund (MIF) following comprehensive consultations with the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). Finance Secretary Benjamin E. Diokno said the...
House Speaker Martin Romualdez (left) and President Ferdinand "Bongbong" Marcos Jr. (Speaker's office) House Speaker Martin Romualdez has described President Ferdinand "Bongbong" Marcos Jr.’s decision to insulate the Maharlika Investment Fund (MIF) from possible political influence as a "prudent...
President Ferdinand “Bongbong” Marcos Jr. will do a patriotic act if he vetoes the proposed Maharlika Investment Fund (MIF) Act, Senate Minority Leader Aquilino “Koko” Pimentel III said on Sunday, June 25. Senate Minority Leader Aquilino "Koko"...
