TOKYO: A top official of one of Japan's leading financial institutions has expressed strong interest in the proposed Maharlika Investment Fund (MIF) of the Philippines,...
TOKYO: A top official of one of Japan's leading financial institutions has expressed strong interest in the proposed Maharlika Investment Fund of the Philippines, Speaker Ferdinand Martin Romualdez said.In a chance interview on Friday, Romualdez said he met the Japanese senior official whom he declined to name on Wednesday during the dinner hosted by Mitsui and Metro Pacific Investment Corporation for President Ferdinand Marcos, Jr. and his delegation.
Reports said that since its launch in February 2021 with initial funding of $5 billion from the Indonesian government, INA had raised over $20 billion of co-investments from other foreign parties by the end of 2022.According to the Japanese official, the growth prospect of the proposed MIF is 'potentially higher' compared to INA, the Speaker said.'So that's very good, that we're getting support ,' said Romualdez.
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.
Maharlika fund could get approved after Easter Sunday — RomualdezThere is a chance that the proposed sovereign wealth fund of the Philippines may get approved after Easter Sunday or April 9, House of Representatives Speaker Ferdinand Martin Romualdez said. | GabrielLaluINQ
Read more »
Romualdez says high-ranking Japan exec strongly interested in Maharlika fundA high-ranking financial executive from Japan has expressed strong interest investing in the proposed Maharlika Investment Fund, House of Representatives Speaker Ferdinand Martin Romualdez said. | GabrielLaluINQ
Read more »
Marcos’ pitch to Japanese firms: ‘When you think growth, think Philippines’'The Philippines has a great deal more to offer Japanese investors,' President Marcos tells Japanese executives.
Read more »
Speaker Romualdez upbeat on outcome of Bongbong Marcos’ visit to JapanSpeaker Ferdinand Martin Romualdez aired his optimism on the outcome of President Ferdinand Marcos’ official visit to Japan, where he is getting a warm reception during meetings with stakeholders. | GabrielLaluINQ
Read more »
Romualdez explains value of Japan lawmakers' potential PH visitHouse Speaker Martin Romualdez has welcomed the possible visit of Japanese legislators to the Philippines, saying this would further broaden the long-standing good relations between the two countries.
Read more »
Speaker Romualdez seeks no-placement fee policy for OFWs in JapanSpeaker Martin Romualdez on Friday called on the Department of Migrant Workers (DMW) to push for a no-placement fee policy for Filipinos seeking to work in Japan.
Read more »