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Sovereign wealth funds are back in vogue as ‘an extension of a country’s industrial policy’when President Ferdinand Marcos Jr. established the country’s first sovereign wealth fund, the Maharlika Wealth Fund.
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 ...
Maharlika Fund is now facing Supreme Court scrutiny as state banks are ordered to respond to petitions challenging its constitutional basis.
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PhilStar Global on MSNMaharlika eyes power distribution investmentsMaharlika Investment Corp. (MIC), the country’s sovereign wealth fund, is eyeing more investments in power distribution in Mindoro and Palawan as part of its portfolio, in line with its objective of ...
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Inquirer Business on MSNMaharlika ventures into mining, extends loan to MakilalaAfter securing a stake in the country’s national power grid and agreeing to establish a fund with a Thai conglomerate, the country’s sovereign wealth fund Maharlika Investment Corp. (MIC) is venturing ...
Bishop Jose Colin Bagaforo, president of Caritas Philippines, says the government's decision to loan out millions of dollars ...
MAHARLIKA INVESTMENT Corp. (MIC) is planning to acquire a stake in Makilala Mining Company, Inc. (MMCI), a mineral exploration and development firm, with the deal expected to close in the early part ...
President and Chief Executive Officer Rafael D. Consing, Jr. said Makilala Mining Co.’s sustainability plan was instrumental ...
MANILA: Maharlika Investment Corp (MIC) is set to make its next major business move with an upcoming US$100mil investment in a billion-dollar private equity fund that it will create with Thai ...
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 ...
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