MANILA, Philippines – The Philippine Stock Exchange declared its support on Monday, December 19, for the establishment of the Maharlika Investment Fund , even as other business groups and experts questioned earlier versions of the proposal.
“The PSE’s primary mission is to facilitate the flow of capital into more productive and beneficial channels and as a result contribute to efficient capital formation for the country,” the statement read. The amended bill approved by the House instructs the Maharlika Investment Corporation to prioritize investments in government infrastructure and development projects.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why 6 House lawmakers voted no to the Maharlika Investment Fund billThey oppose the Maharlika fund due to corruption and investment risks, economic challenges, and how the bill was railroaded through the House of Representatives. MIF - IT'S Marcos Governmental Corruption Agenda Who is going to monitor The Monetary 💰💸💵 transactions Potential stealing of 💰💸💵 IT'S BUCK WILD CORRUPTION MARCOS MUKHANG 💰💸💵🤑 mga kakampi ni Joma ang mga yan..nagluluksa pa ngayon ang mga yan The 6 were defending the people, while 279 nag sariling sikap...
Source: rapplerdotcom - 🏆 4. / 86 Read more »
There is transparency in Maharlika Investment Fund, says RomualdezICYMI: Amid doubts from the public, Speaker Martin Romualdez gave the assurance that the Maharlika Investment Fund has a provision that ensures transparency regarding financial matters to prevent its misuse. Yeah right ! Knowing that it’s a Marcos Romualdez tandem Honesty and Trust is in question. Unreliable partnership that will skin Philippine economy. God spare Philippines with these evils🙏🏻. In businessmen and politician’s world, there’s no such thing as transparency..everything can be manipulated even biggest companies do that..checK ENRON.. it’s one of the worst scam ever in US.. PWEH! As transparent as MUD! 🤬🤬🤬
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Balisacan: Maharlika Investment Fund ‘appropriate at this time’Socioeconomic Planning Secretary Arsenio Balisacan believes that the establishment of a sovereign wealth fund is appropriate despite the risks of a global recession and high interest rates.
Source: gmanews - 🏆 11. / 68 Read more »