Marcos made mention of the MIF during a roundtable meeting with Saudi business leaders on Thursday in Riyadh where he urged them to explore the Philippines as an investment hub.'At the forefront of these opportunities is the recently launched Maharlika Investment Fund, the Philippines' first-ever sovereign investment fund designed to drive long-term economic development through increased investments in high-impact sectors,' Marcos said.
The President is in Saudi Arabia to participate at the 2023 Association of Southeast Asian Nations-Gulf Cooperation Council Summit that will be held in Riyadh, at the Ritz-Carlton Hotel on Friday.In the same speech on Thursday, Marcos reaffirmed the Philippines 'readiness for deeper economic partnerships not just within the Southeast Asian region but as well as with our extended neighbors here in the Gulf.
Source: News Formal (newsformal.com)
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: gmanews - 🏆 11. / 68 Read more »
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Marcos Jr. sinuspindi pagpapatupad ng 'Maharlika fund,' pero solon ipinababasura itoImbis na isuspindi lang, tuluyang ipinababasura ng progresibong ACT Teachers party-list kay Pangulong Ferdinand 'Bongbong' Marcos Jr. ang kontrobersyal na Maharlika Investment Fund (MIF).
Source: PhilstarNews - 🏆 1. / 94 Read more »
Marcos orders suspension of Maharlika Investment Fund IRRThe memorandum suspending the IRR was addressed to the Bureau of Treasury and the CEOs of state-run Land Bank of the Philippines and the Development Bank of the Philippines.
Source: PhilstarNews - 🏆 1. / 94 Read more »