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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

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

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

Signature campaign for Charter change: ‘Rife with anomalies’

IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 5th, 2024

FPRRD opposes disguised Charter change initiative

Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 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

CLO awaits Lacson s explanation of quota system

CLO awaits Lacson s explanation of quota system.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

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

Vice President Sara Duterte has not returned any confidential funds to the 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 […].....»»

Category: newsSource:  mindanewsRelated NewsJan 16th, 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

Tulfo over Sara in surveys for 2028 presidential race

Two survey firms, OCTA Research and Pulse Asia, revealed that early presidential frontrunner Vice President Sara Duterte is now slightly edged out by broadcaster turned Senator Raffy Tulfo if both contend for the 2028 presidential race......»»

Category: newsSource:  davaotodayRelated NewsApr 18th, 2024

New Board Members for UN Voluntary Trust Fund for Victims of Trafficking in Persons Announced

Vienna, 2024: The latest board of trustees of the UN Voluntary Trust Fund for Victims of Trafficking in Persons (UNVTF) has been established.  The board is now constituted of:The five anti-human trafficking experts, representing the five UN Regional Groups, were appointed by the UN Secretary General Antonio Guterres to provide strategic guidance to the Trust Fund over th.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Maharlika Consortium awarded as microgrid service provider

The Maharlika Consortium has bagged a contract to provide electricity services in eight unserved areas in Cebu, Quezon and Palawan, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Solon sipsip sa China, campaign fund inaasinta

Parang suso kung sumipsip sa China ang isang mambabatas para lamang makakuha ng campaign fund sa pagtakbo niya sa 2025 elections. The post Solon sipsip sa China, campaign fund inaasinta first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 21st, 2024

SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

Marcos Jr. signs law dividing Caloocan barangay into six

President Marcos has signed into law a measure dividing Barangay 176, also known as Bagong Silang, in Caloocan City into six separate and independent barangays......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Signature shoe ni Kyrie gilusad

Signature shoe ni Kyrie gilusad.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

Ejercito withdraws signature from letter opposing Quiboloy’s arrest

Ejercito withdraws signature from letter opposing Quiboloy’s arrest.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Signature drive for people’s initiative to continue – PIRMA

The signature drive for a people’s initiative will continue despite the ongoing investigation being conducted by the Senate, according to the lead convenor of the People’s Initiative for Reform, Modernization and Action......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024