Economic managers brief senators on Maharlika fund

Economic managers briefed senators yesterday on the proposed multibillion-peso Maharlika Investment Fund, a priority measure of the Marcos administration that is meeting some resistance in the Senate......»»

Category: newsSource: philstar philstarJan 31st, 2023

‘Maharlika to have 6 to 11% yield in 10 years’

The Senate committee on banks and financial institutions wrapped up yesterday its hearings on the proposal to put up a Maharlika Investment Fund that economic managers said can have an average yield of anywhere between six percent and 11 percent in 10 years......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2023

Maharlika’s political risk

Desperate to get credible support for putting up the Maharlika Fund, the administration’s economic managers tapped the Milken Institute to bless it. They got it, sort of......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2023

Outright jail vs agri smugglers

The economic managers of President Ferdinand “Bongbong” Marcos Jr. are scheduled to present today before the Senate the administration’s version of the proposed multibillion-peso Maharlika Investment Fund......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2023

Diokno bucks removal of bank funds for MIF  

Finance Secretary Benjamin Diokno is against proposals to scrap the planned contributions of the central bank and state-run banks to the Maharlika Investment Fund, as he maintained their contributions’ potential to contribute to economic growth......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2023


The first Senate hearing on the Maharlika sovereign wealth fund showed it was an idea that has not been sufficiently thought out. Kulang sa staff work. It didn’t take much for a few senators to punch it full of holes......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2023

Questions swarm Maharlika Investment Fund as it lands in Senate

Senators took turns in examining the Marcos administration’s proposed Maharlika Investment Fund, with concerns about investment gains and governance structure brought to the fore......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2023

‘Maharlika fund must be scrutinized to last comma, period’

Senators agree that the bill creating the Maharlika Investment Fund requires scrutiny down to the last period, transparency in discussing it and no pressure of approving the measure in a given time......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2023

Let taipans fund Maharlika

Malacanang claims that Junior, together with his economic advisers and seven top taipans of Philippine business, promoted the Maharlika Fund in Davos. We shouldn’t hold our breath that they convinced anyone......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2023

Senators welcome free hand on Maharlika

Senators welcomed yesterday pronouncements from President Marcos asking them to scrutinize carefully the proposed Maharlika Investment Fund bill, saying this will lead to a well-crafted law......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2023

Senate minority: No Maharlika fund to soft launch while bill still pending

"The bill establishing such a sovereign wealth fund has not yet been deliberated at the Senate — isn't it jumping the gun to be talking about it in front of world economic leaders?," Sen. Risa Hontiveros said Monday......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2023

Marcos to pitch Maharlika fund in soft launch at World Economic Forum

The proposed Maharlika Wealth Fund will be “soft launched” by President Ferdinand “Bongbong” Marcos Jr. while attending the World Economic Forum next week......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2023

Cebu solon: Selecting ‘quality fund managers’ key to Maharlika’s success; militant group wants it junked

CEBU CITY, Philippines – A lawmaker from Cebu said that having ‘quality fund managers’ for the controversial Maharlika Investment Fund (MIF) would help it become an effective vehicle for investment. But militant groups here continue their calls to junk the country’s proposed sovereign wealth fund, saying it puts people’s money at risk of corruption.  Cebu […] The post Cebu solon: Selecting ‘quality fund managers’ key to Maharlika’s success; militant group wants it junked appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsDec 22nd, 2022

Senate to study Maharlika fund as minority warns against rush

Senators said they will “definitely be studying” the controversial Maharlika Investment Fund after President Marcos certified it as urgent......»»

Category: financeSource:  philstarRelated NewsDec 16th, 2022

Hands off BSP reserves

We may yet see the day when we will need sufficient reserves in the BSP and regret tying up or losing what we had in this Maharlika Wealth Fund. It could be soon, given the volatility of the international economic and financial environment......»»

Category: financeSource:  philstarRelated NewsDec 15th, 2022

Zubiri: Removing SSS, GSIS from Maharlika seed money ‘step in right direction’

Speaking to reporters, Zubiri said he relayed to President Ferdinand Marcos Jr. two weeks ago that the proposal to include money from the Social Security System and the Government Service Insurance System to set up the Maharlika fund caused “friction” among senators......»»

Category: newsSource:  philstarRelated NewsDec 12th, 2022

Philippines seen to book weaker BOP, lower GIR next year

The Philippines is expected to post a weaker external payment position and lower foreign exchange buffer next year amid the push by government economic managers for the creation of a sovereign wealth fund......»»

Category: financeSource:  philstarRelated NewsDec 9th, 2022

Economy-boosting Maharlika fund to be closely monitored – Villar

The proposed Maharlika Investment Fund will help ensure the country’s sustained and long-term growth through investments in big-ticket infrastructure and green projects, and will be closely monitored using global accounting and auditing standards, Sen. Mark Villar said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2023

Senate wants con-ass, only for economic provisions

The push for Charter change may succeed in the Senate if it is guaranteed that the amendments cover only the restrictive economic provisions and that it is done through a constituent assembly, senators said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 17th, 2023

Singapore’s Temasek eyes investment in Maharlika fund

Temasek Holdings Ltd., the nearly five-decade-old sovereign wealth fund of Singapore, has reportedly expressed interest in investing in the proposed Maharlika Investment Fund, the Philippines’ own version still being deliberated by lawmakers......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2023

OKBet-MPBL playing key role

The OKBet-Maharlika Pilipinas Basketball League is not just about a battle for regional supremacy but a venue to help spur economic development by providing opportunities to players and livelihood to all local government units taking part in the league......»»

Category: sportsSource:  philstarRelated NewsMar 14th, 2023