Maharlika Investment Corp. (MIC), which manages the Philippines ' first sovereign wealth fund, is eyeing at least three new investments before the year ends, aiming to bring total capital commitments to as much as ₱37 billion just two years into its establishment.In a telephone interview on...
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 National Grid...
While there have been potential foreign institutions interested to invest in the country's first sovereign wealth fund, it has yet to secure any investment from President Marcos' foreign trips.MIC President Rafael Consing Jr. (RTVM)"Wala pa (Nothing so far)," Maharlika Investment Corporation (MIC)...
(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 Anthony Cris...
Finance Secretary Ralph G. Recto said that the private sector representatives of the Maharlika Investment Corporation (MIC) board have yet to earn “a single centavo” since they were hired last year.During a Senate committee hearing with the country’s economic managers, Recto confirmed that the...
A study that would address the problem of the supply of electricity in Palawan is now underway, President Marcos said.President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate)In his speech during the distribution of assistance to communities severely affected by El Niño in Puerto Princesa, Marcos...
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 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 Consing...
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 Secretary...
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, according to...
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 Martin...
