11 Cebu lawmakers back bill creating Maharlika Investment Fund

Morexette Marie B. Erram 12/15/2022

CEBU CITY, Philippines – Almost all lawmakers from Cebu backed the proposal to create the country’s first sovereign wealth fund. The House of Representatives on Thursday, Dec, 15 passed on second reading, via viva voce, House Bill…

Marcos backs Maharlika fund: ‘We need added investment’

Nestor Corrales 12/12/2022

BRUSSELS — For the first time, President Ferdinand Marcos Jr. has publicly expressed support for the controversial Maharlika Investment Fund (MIF) that seeks to establish a P275 billion sovereign wealth fund. Speaking to reporters aboard PR001 en…

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