Maharlika Investment Fund

The Maharlika Investment Fund (MIF), established in July 2023, aims to drive economic development by investing in strategic projects without additional government borrowings. Despite initial dormancy, MIF has recently started investing in companies like National Grid Corporation of the Philippines and Makilala Mining Company, sparking debates over its effectiveness and alignment with national development plans.

This is an AI-generated summary based on recent coverage.
Last updated at May 21, 2025.

Recent stories about Maharlika Investment Fund

MIC president resigns after GCG notice, board follows

Maharlika Investment Corp. (MIC) president Rafael Jose Consing Jr. submitted his courtesy resignation on Thursday, following a notice from the Governance Commission for GOCCs (GCG), in line with President Ferdinand R. Marcos Jr.'s directive to recalibrate his administration post-elections.
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SC reschedules PhilHealth, budget, MIF cases

The Supreme Court has rescheduled its summer oral arguments for cases involving state health insurer PhilHealth, the 2025 General Appropriations Act, and the Maharlika Investment Fund.
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BSP official urges 9-9.5% annual growth to hit pre-pandemic GDP target by 2028

A former Bangko Sentral ng Pilipinas (BSP) official, Diwa C. Guinigundo, stated on Wednesday, March 12, that the economy needs an annual growth rate of 9% to 9.5% until 2028 to return to its pre-pandemic growth trajectory.
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MIF acquires 20% stake in NGCP for P19.7B

The Maharlika Investment Fund (MIF) made its first investment by acquiring a 20% stake in the National Grid Corporation of the Philippines (NGCP), according to the Department of Energy on January 28.
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Philippines eyes more foreign investment after WEF

The Philippines expects increased foreign investment following its participation in the World Economic Forum (WEF) Annual Meeting 2025 in Davos.
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DBP aims IPO, boosts capital, seeks regulatory relief

The Development Bank of the Philippines (DBP) will seek regulatory relief again this year to boost its capital position despite already meeting its capital requirements.
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SSS chief urges suspension of 15% contribution hike

Former Social Security System (SSS) chief Rolando Macasaet called on Malaca帽ang to postpone the 15% increase in SSS contribution rates that took effect in January 2025.
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Landbank transfers PHP50B to Maharlika Fund, CAR at 16.24%

The Land Bank of the Philippines (Landbank) confirmed its continued financial stability after transferring PHP50 billion to the Maharlika Investment Fund on Friday.
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IMF advises recapitalizing LandBank, DBP for Maharlika Fund

The International Monetary Fund (IMF) has advised that two state-owned banks contributing to the Maharlika Investment Fund should be recapitalized as soon as possible to bolster the Philippines' financial system.
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Marcos concludes state visit to Abu Dhabi, signs bilateral agreements

Philippine President Ferdinand R. Marcos Jr. concluded his one-day state visit to Abu Dhabi on Tuesday, marking 50 years of diplomatic relations established on August 19, 1974.
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