by dela Cruz | Jan 24, 2023 | Finance
MANILA, Philippines – President Ferdinand Marcos Jr. allayed fears that opening up the Maharlika fund to private investors would facilitate money laundering. “Yes, private monies will be involved with the fund, but it’s not a savings account that you just put it...
by dela Cruz | Jan 22, 2023 | Finance
MANILA, Philippines – President Ferdinand “Bongbong” Marcos Jr. said on Saturday, January 21, that his “crucial participation” at the World Economic Forum (WEF) in Switzerland yielded “beneficial outcomes” for the country in the form of potential investments, as well...
by dela Cruz | Jan 18, 2023 | Finance
MANILA, Philippines – In President Ferdinand Marcos Jr.’s own words, his January 2023 visit to Davos in Switzerland for the World Economic Forum (WEF) won’t be too different from his previous trips abroad. This time though, he intends to sell to foreign investors and...
by dela Cruz | Jan 12, 2023 | Finance
The Philippine President plans to ‘introduce’ the proposed sovereign fund even if the Senate has yet to tackle it MANILA, Philippines – President Ferdinand Marcos Jr. plans to do a “soft launch” his administration’s proposed Maharlika Investment Fund during his...
by dela Cruz | Jan 3, 2023 | Finance
Former officials of the Department of Agriculture Regional Field Unit No. 11 charge more than P830,000 in meals to the Malampaya Fund, which is supposed to be used for rice self-sufficiency programs MANILA, Philippines – The Commission on Audit (COA) has ruled that...