#Diwa C. Guinigundo
How to buy a bank with £1
These are interesting times.
The Philippine Senate is about to discuss the final version of the Maharlika Investment Fund (MIF). This bill went through several public hearings and three meetings of the technical working group. Lest we forget, the proposal is to earmark funds from government financial institutions (GFIs) such as Land Bank and DBP, dividends from the BSP and government-owned-and-controlled corporations (GOCCs) to the Maharlika fund.
How to buy a bank with £1
The chronology of the Silicon Valley Bank fiasco was anything but positive. Some believe it could have been avoided.