PHILIPPINE MAHARLIKA INVESTMENT FUND
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Philippine President Marcos announced on April 6 that the implementing bylaws of the established Maharlika Investment Fund (MIF), a sovereign wealth fund, have been completed. The fund is expected to begin operations by the end of the year.
There had been speculation that the start of operations would be delayed due to the October 12 notice instructing the postponement of the application of the implementing bylaws. The President said, “The adjustment of the enforcement bylaws has been completed. Progress toward the operation of the fund is on track.
YAHOO NEWS
November 8, 2023
https://news.yahoo.co.jp/articles/fcf7bb7c0bd23a5ade311830031458bc233eb9f6
