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...
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...
State-run Maharlika Investment Corp. (MIC) admitted that it is encountering difficulties in complying with the Governance Commission for government-owned and controlled corporations (GCG). Rafael D. Consing Jr., MIC president and chief executive officer, disclosed that the oversight body for...
The Maharlika Investment Corporation, the management that runs the state’s wealth fund, said it has finalized its governance structure, as well as its principles and framework in deciding investments. During a meeting presided over by Finance Secretary and MIC Chairperson Ralph G....
The Maharlika Investment Corp. (MIC), the agency that manages the sovereignty wealth fund, said it will focus its investments on energy transmission lines across regions. MIC President and Chief Executive Officer Rafael D. Consing Jr., said that there are already many investments in generation and...
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...
Maharlika Investment Corp. (MIC) President and Chief Executive Officer Rafael Consing Jr. believes that a probable investment by the sovereign fund into the National Grid Corporation of the Philippines (NGCP) will be profitable, as well as bring stability to the grid and power communities across...
The Maharlika Investment Corporation (MIC) has plans to invest in the country’s energy sector, particularly in the National Grid Corporation of the Philippines (NGCP), to lower energy costs and transform it into a more reliable and resilient grid to power communities. National Grid Corporation of...
The Maharlika Investment Corp. (MIC) is gaining momentum, as its board has given the green light to the fund's capitalization scheme, the appointment of key management committee heads, and the selection of an interim fund manager. The Department of Finance (DOF) announced that the MIC Board,...
The Department of Finance (DOF) revealed that the Maharlika Investment Corp. (MIC) held its first board meeting on Wednesday, Jan. 3. The meeting, documented in a DOF Facebook update, featured MIC President and CEO Rafael D. Consing, Jr., and Finance Secretary Benjamin E. Diokno, who acted as...
The Maharlika Investment Corp. (MIC), the investment arm of the Maharlika Investment Fund (MIF), gets four new directors, the Presidential Communications Office (PCO) said. President Ferdinand ‘Bongbong’ Marcos administers the oath of four new directors of the Maharlika Investment Corp....
