Topic

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.

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This is an AI-generated summary based on recent coverage. It was last updated on Wed, October 22, 2025 at 2:09 PM

Latest Stories

Recent developments on Maharlika Investment Fund

Tue, October 21, 2025 at 8:48 PM

MIC denies reports linking fund to 1MDB scandal financier

The Maharlika Investment Corporation (MIC) has denied reports linking the sovereign wealth fund to Patrick Mahony, a financier convicted for his role in Malaysia's 1MDB scandal.

Thu, May 29, 2025 at 10:18 AM

MIC CEO submits courtesy resignation to PBBM

Maharlika Investment Corporation (MIC) president and CEO Rafael Consing Jr. submitted his courtesy resignation in response to a directive from President Ferdinand R. Marcos Jr.

Tue, March 18, 2025 at 5:49 PM

SC adjusts oral arguments schedule for PhilHealth, 2025 GAA, and MIF

The Supreme Court has adjusted the schedule for its oral arguments concerning the Philippine Health Insurance Corporation (PhilHealth), the 2025 General Appropriations Act (GAA), and the Maharlika Investment Fund (MIF).

Tue, February 18, 2025 at 4:39 PM

SC to hear oral arguments on 2025 budget, Maharlika Fund in April

The Supreme Court will hold oral arguments in April 2025 for petitions challenging the constitutionality of the 2025 national budget and the Maharlika Investment Fund.

Tue, February 4, 2025 at 12:08 PM

BSP to review DBP's request for regulatory relief extension

The Bangko Sentral ng Pilipinas (BSP) will assess any request from the Development Bank of the Philippines (DBP) for an extension of its regulatory relief, provided a strong and reasonable justification is presented.

Tue, January 28, 2025 at 1:25 PM

MIC president says no foreign investment yet in PH sovereign fund

Maharlika Investment Corporation (MIC) president Rafael Consing Jr. stated that no foreign firm has invested in the Philippines' sovereign wealth fund yet, as they are prioritizing building credibility first.

Tue, January 21, 2025 at 6:35 PM

House Speaker Romualdez leads PH delegation at WEF 2025

House Speaker Martin Romualdez leads the Philippine delegation at the World Economic Forum (WEF) 2025 in Davos, Switzerland, aiming to foster collaboration and attract investments.

Mon, December 30, 2024 at 2:27 PM

MIC confirms P75B from DBP, LandBank infused in Maharlika Fund

The Maharlika Investment Corporation (MIC) confirmed that the P75 billion in capital contributions from Land Bank of the Philippines (LandBank) and the Development Bank of the Philippines (DBP) have been infused into the Maharlika Fund and are non-refundable.

Fri, December 27, 2024 at 4:22 PM

Landbank affirms stability after PHP50B MIF transfer

Land Bank of the Philippines (Landbank) affirmed its financial stability despite transferring PHP50 billion to the Maharlika Investment Fund (MIF).

Thu, December 26, 2024 at 3:40 PM

IMF wants capital restored for LandBank, DBP after MIC funding

The International Monetary Fund (IMF) has recommended the swift restoration of capital for Land Bank of the Philippines (LandBank) and Development Bank of the Philippines (DBP) after their contributions to the Maharlika Investment Fund (MIC).