Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda says its now time to "move forward" following the issuance of the revised implementing rules and regulations (IRR) of the Maharlika Investment Fund (MiF). "Now...
The President now has more flexibility in choosing the key manager for the Maharlika Investment Corp. (MIC), while some of the requirements for the president and chief executive officer (PCEO) have been relaxed. The revised rules of the Maharlika Investment Fund (MIF) act now grant the President...
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...
The Po and Gokongwei families have beefed up their stakes in Shakey’s Pizza Asia Ventures Inc. (PIZZA), one of the leading food service groups in the Philippines, by buying out the stake of Singapore’s sovereign wealth fund GIC for P2.69 billion. In a disclosure to the Philippine Stock Exchange...
President Marcos stated that the implementing rules and regulations (IRR) of the Maharlika Investment Fund (MIF) has been finalized. President Ferdinand 'Bongbong' Marcos Jr. (Bongbong Marcos Facebook) "The Implementing Rules and Regulations of Maharlika Investment Fund have been finalized,"...
The Philippines and the Netherlands have agreed to deepen ties on trade and investments to complement the strong partnership that both sides already have on the field of defense. Department of Foreign Affairs (DFA) Secretary Enrique Manalo and Dutch Foreign Minister Hanke Bruins Slot on...
Carmen's Best, a pioneer in the world of locally-produced gourmet ice cream, recently demonstrated its unwavering commitment to uncompromised quality at its "Day of Joy" celebration last Oct. 16, held at the Marquis Events Place in Taguig. Carmen’s Best Director Felipe Bince; Metro Pacific Agro...
Three Filipinos, who were recruited as call center agents in Thailand but were finally transported to Myanmar and forced to work as scammers in cryptocurrency trading, have been repatriated to the Philippines. Just like previous victims of human trafficking, Immigration Commissioner Norman...
President Marcos’ chief economic manager has pitched investment opportunities in the Philippines to leaders of Luxembourg-based funds and business groups. During the Business Forum and Networking Lunch hosted by the Luxembourg Stock Exchange (LuxSE), Finance Secretary Benjamin E. Diokno...
The Japanese Chamber of Commerce and Industry (JCCI) has sent a post-pandemic economic mission to the country to assess investment prospects brought on by high-level economic growth achieved by the Marcos administration. (From left) President Ferdinand Marcos Jr. and JCCI chair Ken...
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, October 22 supported calls for President Ferdinand “Bongbong” Marcos Jr. to return the contributions given by the LandBank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) to the Maharlika Investment...
House Speaker Martin Romualdez (Speaker’s office) The whopping $4.26 billion worth of deals secured by President Marcos from his trip to the Kingdom of Saudi Arabia (KSA) could just be tip of the iceberg in terms of forthcoming investments from the oil-rich nation....