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Tag: Maharlika Fund

Maharlika fund approves $76.4-m loan for Kalinga copper-gold project

Maharlika Investment Corp. (MIC), the country’s sovereign wealth fund manager, said it signed a binding term sheet to provide a $76.4-million bridge loan to...

Maharlika fund approves $76.4-million bridge loan for Kalinga copper-gold project

Maharlika Investment Corp. (MIC), the country's sovereign wealth fund manager, signed a binding term sheet to provide a $76.4-million bridge loan to Makilala Mining...

Diokno confident Maharlika Fund up and running by yearend despite vacancies

Finance Secretary Benjamin Diokno remains confident that the Maharlika Investment Corp. (MIC), which will supervise the Maharlika Investment Fund (MIF), will be operational before...

PH lawmakers promote Maharlika Fund to visiting Asia-Pacific solons

The Philippine delegation to the 31st Asia-Pacific Parliamentary Forum has promoted the newly created Maharlika Investment Corp., which will manage the Maharlika Investment Fund,...

PBBM names adviser, ICTSI vet Consing as Maharlika Fund CEO

President Ferdinand Marcos named Rafael Consing Jr. as President and Chief Executive officer (CEO) of the Maharlika Investment Corporation, Malacañang said on Monday. "Mr. Consing...

Marcos says MIF will push through

President Ferdinand Marcos Jr. on Thursday said the Maharlika Investment Fund (MIF) will push through, after ordering a suspension of the fund's implementation. Malacanang...

IMF: Maharlika fund can close infrastructure gap in the Philippines

An International Monetary Fund (IMF) team who recently visited the Philippines said the Maharlika Investment Fund could help narrow the infrastructure gap in the...

DBP, LandBank remit P75 billion for Maharlika Investment Fund

State-owned Development Bank of the Philippines (DBP) said Saturday it remitted P25 billion to the Bureau of Treasury (BTr), which represents the bank’s share...

Maharlika Fund rules released, official by Sept. 12

The Bureau of the Treasury has released the implementing rules and regulations for the Maharlika Investment Fund (MIF) Act of 2023 which sets the...

Maharlika Fund and the state of the nation

Is the Maharlika Fund a vehicle for the kind of corruption we saw in the time of Marcos Sr.? As anticipated, the Maharlika Investment Fund...

Lawmakers: Nationwide info drive for Maharlika Fund needed

Legislators said the economic and communications teams of President Ferdinand Marcos Jr. should mount a nationwide information and education campaign “Now that our first-ever sovereign...

Survey: 46% of Pinoys expect benefits from Maharlika Fund

A survey by Social Weather Stations (SWS) released Thursday showed at least 46% of adult Filipinos expect much benefit from the proposed Maharlika Investment...

Marcos won’t veto Maharlika

Assures public independent managers to run sovereign fund President Ferdinand Marcos Jr. on Thursday said he will immediately sign the proposed Maharlika Investment Fund (MIF)...

Senators slam door on GSIS, SSS funds in Maharlika, rip Diokno

Senators stood firm on their position that state-run pension and insurance institutions are absolutely prohibited from investing in the proposed Maharlika Investment Fund. Senate Minority...
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