Monetary Board Member Rosalia De Leon said President Marcos wanted the Board of the Maharlika Investfund Corporation (MIC) to be "insulated from political influence and considerations" when looking for its officers. Monetary Board Member Rosalia De Leon (file) De Leon said this after Malacañang...
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...
The Philippine government plans to borrow $1 billion from the Islamic debt market, marking the country's first venture into this type of financing, the Bureau of the Treasury said. In a briefing in Dubai, National Treasurer Rosalia V. de Leon said that Manila aims to raise approximately P56.6...
The appointment of Rosalia V. De Leon, a long-time national treasurer of the Philippines, to the top policy-making body of the central bank, is a recognition of her expertise and dedication to the financial sector. On Saturday, Sept. 2, the Presidential Communications Office announced De...
How would you feel if the government were to borrow some of your hard-earned savings from the banks? Well, generally, banks do not take your feelings into consideration. In reality, they are allowed to utilize the savings of their depositors, which are sitting idle in their vaults, and invest them....
In order to meet the Marcos administration’s spending requirements, the national government had to borrow over P1.4 trillion in the first half of the year due to a lack of sufficient funds. Based on the Bureau of the Treasury report, gross borrowing of the Marcos administration amounted to P1.423...
National Treasurer Rosalia de Leon assured the public that the government had adequate safety nets to ensure the Maharlika Investment Fund (MIF) would be transparent and not mismanaged. *Bureau of the Treasury (file photo)* Citing De Leon's interview with the media, the Presidential...
The Maharlika Investment Fund (MIF) is vital in accelerating the implementation of infrastructure projects of the national government, National Treasurer Rosalia de Leon said. De Leon said in a news forum on Saturday, June 3, that the MIF would allow the government to generate more funding for key...
The Bureau of the Treasury borrowed partially despite the drop in benchmark yields for short-term loans. At Monday's auction of Treasury bills on April 3, the national government raised P12.8 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate decreased to 5.045...
Benchmark yields for short-term loans rose, forcing the Bureau of the Treasury to borrow less than programmed. At Monday's auction of Treasury bills on Mach. 20, the national government raised P10.636 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate...
Rosalia (AFP) MADRID (AFP) - Spain will host the next Latin Grammy Awards ceremony, marking the first time the star-studded event is held outside the United States, officials said Wednesday. Like the Grammy Awards, which are considered the top US music honours, the Latin Grammys celebrate...
