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The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC). [2] The MIF is the Philippines' first sovereign wealth fund.
MANILA (Reuters) -American companies are set to announce investments amounting to more than $1 billion in the Philippines, U.S. Commerce Secretary Gina Raimondo said during an official visit to ...
President Marcos signs the Maharlika Investment Fund, the country's first sovereign wealth fund, into law. [ 110 ] Philippine drug war : The International Criminal Court denies the government's appeal against the resumption of the investigation by prosecutor Karim Khan into the killings attributed to the drug war during the leadership of ...
The Securities and Exchange Commission (SEC) filed criminal charges against Kapa-Community Ministry International and its executives, citing an investment scam. [7] [8] President Rodrigo Duterte was the first government official to announce the legal actions, doing so on June 8, 2019, when he ordered the National Bureau of Investigation (NBI) to shut down Kapa.
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as ...
Inquirer Holdings Incorporated (also known as the Inquirer Group of Companies) is a mass media conglomerate based in Makati, Philippines with the Philippine Daily Inquirer as its flagship brand. The company is majority-owned by Pinnacle Printers Corporation, the holding investment arm of the Rufino-Prieto matriarch. [1]
The Philippine Deposit Insurance Corporation (Filipino: Korporasyon ng Pilipinas sa Seguro ng Deposito, [1] abbreviated as PDIC) is a Philippine government-run deposit insurance fund. It was established on June 22, 1963, by Republic Act 3591. It guarantees deposits up to ₱500,000. [2]
The Disbursement Acceleration Program in the Philippines is a "special" budget allocated to accelerate or hasten a government project without Congress or Senate's approval. This replaces the traditional pork barrel , the Priority Development Assistance Fund (PDAF), after the Pork barrel scam was uncovered in 2013.