President Ferdinand Marcos Jr. on Wednesday asked foreign businessmen “to explore” the Philippines as a destination for investment. During his
President Ferdinand Marcos Jr. on Wednesday asked foreign businessmen “to explore” the Philippines as a destination for investment.
“We have also recently launched our own sovereign wealth fund, the Maharlika Investment Fund. The fund is designed to consolidate investible funds from government financial institutions to further drive economic development through strategic investments both domestically and overseas,” he added. “Our growth story is underpinned by a strong domestic demand and increasing fixed capital investment as a result of upbeat domestic activity and improved business confidence. We are a large market. We are comprised of 110 million consumers whose demand helps fuel our current and future growth,” he said.
This developed as the Maharlika Investment Corporation, the company that will manage the MIF, is now accepting applications and nominations for membership in its Board of Directors. Meanwhile, Speaker Ferdinand Martin G. Romualdez greeted President Marcos – his cousin — on his 66th birthday, reminding the Philippine leader of “all the good he has done for the country.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Remember your positive impact to the country,' Romualdez tells Marcos on birthdaySPEAKER Ferdinand Martin Romualdez greeted President Ferdinand Marcos Jr. on his 66th birthday on Wednesday and urged him to 'remember the positive impact' that he made for the country.
Read more »
Speaker Romualdez greets President Marcos a happy birthday, cites his leadershipSpeaker Ferdinand Martin G. Romualdez on Wednesday greeted President Ferdinand R. Marcos Jr. on his 66th birthday even as he
Read more »
PH ready to help Morocco after devastating quakePresident Ferdinand Marcos Jr. on Tuesday said the Philippines is ready to help Morocco following the 6.8 magnitude earthquake there that has killed more than 2,000 people.
Read more »
Qualified rice retailers to get cash aid from gov’t on Sept. 14SMALL-SCALE rice retailers in the region, who are grappling with the implementation of President Ferdinand Marcos’ Executive Order (EO) 39 that sets a price cap on some rice...
Read more »
Qualified rice retailers to get cash aid from government on September14SMALL-SCALE rice retailers in the region, who are grappling with the implementation of President Ferdinand Marcos’ Executive Order (EO) 39 that sets a price cap on some rice...
Read more »