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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. It will be allocated across a variety of assets, including ...
The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development ...
SM Investments Corporation ( SMIC ), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. [3] [4] Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, [5] being the ...
May 11, 2024 at 7:03 AM. MANILA (Reuters) - The Philippines said on Saturday it has deployed ships to a disputed area in the South China Sea, where it accused China of building "an artificial ...
MANILA (Reuters) -The Philippines has closed schools down and warned of overloading on its power grid, as authorities across Southeast Asia issued a series of health alerts for a crushing and ...
The following is a round-up of news likely to affect stock prices today: CIT Group Inc. (CIT), one of the nation's largest lenders to small and mid-sized businesses, appointed former Merrill Lynch ...
January. January 1 – Transition period for the Public Utility Vehicle Modernization Program begins. Non-consolidated PUVs, whose operation has been extended for a month, will be prohibited from operating in the country after January 31. However, on January 24, President Marcos extends the deadline for consolidation until April 30.
2022–2023 Philippine onion crisis. By late 2022, the price of red and white onions in the Philippines increased significantly, [1] reaching an all-time high in December at ₱ 700 per kilogram and leading people to smuggle the commodity into the country. [2] [3] [4]