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Maharlika ready to make first investment in 90-120 days

Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

MUP pensions, Maharlika Fund pose risks to PH economy, says new study

Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Mandaue City councilor questions plan to purchase P4M van

MANDAUE CITY, Philippines — A Mandaue City councilor has questioned the plan to purchase a P4 million coaster van for the Mandaue Investment Promotions Tourism Action Center (MIPTAC). On Monday, March 11, 2024, the councilors passed on second reading a proposed ordinance authorizing Mayor Jonas Cortes to purchase one unit of a 29-seater coaster amounting.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Maharlika CEO: terrorists are the only investors we won’t deal with

In an interview with Nikkei Asia, Rafael Consing, CEO of the Maharlika Investment Corp., addressed the delay in the MIC’s deployment of capital, and provided some insight into the level of interest the fund has received from global investors......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Maharlika fund eyes JV for rural telco towers

The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

You’re Regretting Your Most Recent Purchase – Now What?

Admit it, as we’ve all been there – that sinking feeling of regret that washes over us after making a purchase we thought we really needed (wanted), leaving us questioning our decisions and grappling with a sense of buyer’s remorse. Whether it’s a spontaneous splurge or a carefully considered purchase – one you’ve slept on, […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

NAIA project eyed to jumpstart P40 billion Maharlika investments

The Maharlika Investment Corp. is setting its sights on the recently awarded Ninoy Aquino International Airport rehabilitation as one of about 10 projects where it intends to invest the MIC’s P40-billion funding this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025

Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Power grid operator NGCP billed P2.4B worth of CSR, PR expenses to consumers

At least 9 percent of what Filipinos pay for electricity goes to transmission charges. This means that for every P100 spent on the electricity bill, P9 goes to the NGCP......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

Lacson hopes NGCP to improve power situation

Lacson hopes NGCP to improve power situation.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

NGCP told to ‘practice discipline’ to protect consumers

Energy industry regulators are urging utilities, especially monopolies like the NGCP, to charge only reasonable expenses to consumer electric bills.....»»

Category: newsSource:  rapplerRelated NewsFeb 13th, 2024

[Vantage Point] NGCP – what’s wrong with it?

The financials of NGCP's major shareholder, SGP, illustrate the corporation's financial health.....»»

Category: newsSource:  rapplerRelated NewsJan 30th, 2024

DOE should regulate NGCP

The messy situation between the DOE and NGCP is responsible for problems that inconvenience electricity consumers......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Chinese presence at NGCP

The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

GSIS acquires more shares in RCR

State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Jayda proud na ibinandera ang 1st investment ngayong 2024: ‘My own condo unit!’

SUPER proud ang Kapamilya singer-actress na si Jayda Avanzado sa kanyang milestone ngayong nagsisimula pa lang ang taong 2024. Sa Instagram, masaya niyang ibinandera ang ibinili niyang condominium unit kalakip ang ilang selfies habang hawak-hawak ang susi ng kanyang bagong titirhan. “Starting the year with some fulfillment: my first big girl purchase & investment of.....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024