The Maharlika Investment Fund Act of 2023, was filed on March 20, 2023 by Senators Mark A. Villar, Raffy T. Tulfo and Robinhood C. Padilla, Senate members of the 19th Philippine Congress.

The controversial Maharlika Investment Fund is expected to be up and running next year, as the Marcos Jr. administration expects the passage of the implementing rules and regulations soon.

The Department of Finance, upon the final passage of the Maharlika Investment Fund said that it would “optimize national funds by generating returns to support the (government)’s economic ...

A s 2022 draws to a close, lawmakers in the Philippines are pushing for the establishment of a sovereign wealth fund to purportedly help the country finance future economic development.. President ...

We, concerned citizens from the civil society, academe, and private sector, ask the Executive and Congress to scrap the Maharlika Wealth Fund (MWF) bill or House Bill (HB) 6398. Establishing a ...

Maharlika Investment Corp. will buy 20% of Synergy Grid and Development Philippines for $337 million, marking the sovereign wealth fund’s maiden investment. Newsletters Games Share a News Tip.

CRITICS from various sectors — including private citizens, economists, academics, bankers, and government officials — have decried the Maharlika Wealth Fund (MWF), citing lack of fiscal space, high ...

Under House Bill No. 6398, the government would mainly utilize funds from government-owned and controlled corporations to create a pooled budget that the proposed Maharlika Investment Corp. will ...

MANILA, Philippines — The country’s first sovereign wealth fund is “taking time” as it has yet to make any investment since it was established in 2023, Finance Secretary and Maharlika ...

IF the government is looking for a way to raise much-needed revenues, Ibon Foundation Inc. said creating the Maharlika Investment Fund (MIF) would not be the best way to do it. Ibon Executive ...