SunStar Publishing Inc.
THE Maharlika Investment Corporation has yet to identify firms where it can potentially invest, Finance Secretary Ralph Recto said Wednesday, August 14, 2024. During a Development Budget Coordination Committee briefing, Recto, who also serves as the chairperson of the body, said the P125 billion initial capitalization of the MIC remains intact over a year since Republic Act No. 11954, also known as Maharlika Investment Fund , was enacted.
, executive director of the Office of the Presidential Adviser for Investment and Economic Affairs , as president and chief executive officer of the MIC. The MIC serves as the primary vehicle for mobilizing and utilizing the MIF for investments in transactions aimed at generating optimal returns on investments .
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Badminton champ from Barmm bags 2nd gold in PalaroSunStar Publishing Inc.
Read more »
BIR to start collecting withholding tax from online sellersSunStar Publishing Inc.
Read more »
Central Visayas declared overall boxing champSunStar Publishing Inc.
Read more »
NCR, Western Visayas batters bag gold medalsSunStar Publishing Inc.
Read more »
Eastern Visayas players lauded for ‘historic performance’ in Palaro 2024SunStar Publishing Inc.
Read more »
Gatchalian seeks police aid over death threatsSunStar Publishing Inc.
Read more »