Presidential adviser Rafael Consing Jr. has been appointed as the chief of Maharlika Investment Corporation after the fund's rules were revised on the orders of President Ferdinand Marcos Jr. Consing, a corporate finance expert, was already involved in setting the direction of the wealth fund.
He attended a meeting on November 10 as Marcos' adviser for investment and economic affairs.
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Maharlika Investment Fund to generate 100,000 jobsThe Maharlika Investment Fund (MIF) can generate a 0.07-percentage point economic growth annually in the first 10 years of operation and generate about 100,000 direct and indirect jobs, the Department of Finance (DOF) said. 'A fully operational MIF, coupled with an ideal economic backdrop to attr
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