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US$2.26 billion (2023) "Maharlika Philippines (MIF)". Website. maharlika.dof.gov.ph. The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC). [ 1 ] The MIF is the Philippines' first sovereign wealth fund.
NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates. The S&P 500 ...
Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients seen by Reuters on Monday, spurred by the Federal ...
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, [a] is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable shelter financing for Filipinos.
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines.As of the end of February 2024, the total national debt of the Philippines amounts to ₱15.18 trillion ($269.4 billion).
LONDON/SYDNEY (Reuters) -World equities dithered at four-week lows on Monday, pressured by falling stocks in Asia, while European shares climbed on the prospect of an ECB rate cut on Thursday ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [ 31 ] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
The Philippines hopes to procure mid-range capability missiles in future and wants to utilise a U.S.-deployed Typhon system for its military training, with no immediate plan for it to be returned ...