After more than a year, state-run Maharlika Investment Corp. (MIC) is finally moving to fill its organizational structure and staffing pattern, but highly technical positions remain under review. As ...

In a statement on Monday, March 3, Caritas Philippines said the decision of MIC to invest in Makilala Mining Company “contradicts the Maharlika fund’s purpose to spur economic growth while ...

Sovereign Philippine Wealth Fund Maharlika Investment Corp. entered into an agreement to acquire 20% of the shares of Synergy Grid & Development Phils. Inc. This is reported in the Maharlika press ...

MANILA, Philippines — The latest investment of the country’s sovereign wealth fund could translate to ... investment of the Maharlika Investment Corp. (MIC) in the copper-gold project of ...

THE Synergy Grid & Development Phils. Inc. (SGP) announced last Monday it is poised to hike its authorized capital stock (ACS) to give the Maharlika Investment Corp. (MIC) a 20-percent stake in the ...

THE Maharlika Investment Fund said it will look into investing in broadband connectivity projects after it achieves deal closing on its previous two investments. Asked if the sovereign wealth fund has ...

One is the pseudo-sovereign wealth fund that, rather than spawned from net wealth surpluses, was forcibly ripped off the critical capital coffers of the country's most important government-owned and ...

The Philippines also started one in 2023, when President Ferdinand Marcos Jr. established the country’s first sovereign wealth fund, the Maharlika Wealth Fund. Governments often set up state ...

According to a report of the Catholic Bishops' Conference of the Philippines (CBCP), Caritas Philippines said the decision of the Maharlika Investment Corporation ... MIC President and CEO Rafael ...

THE Supreme Court (SC) has set for oral argument the petitions seeking to declare as unconstitutional Republic Act No. 11954 or Maharlika Investment Fund Act of 2023 and Republic Act No. 12116 or the ...