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On October 12, 2023, President Ferdinand Marcos Jr. ordered the suspension of the implementing rules and regulations (IRR) of the laws setting up the Maharlika Investment Fund, claiming that he wanted to further study it "to ensure that the purpose of the fund will be realized for the country's development with safeguards in place for ...
He also met with the local Filipino community and various investors to tout the Maharlika Investment Fund. First Lady Liza Araneta-Marcos did not join this trip. [67] [68] 16 United States: San Francisco, Los Angeles, Honolulu: November 15–19: Working visit. President Marcos attended the APEC Economic Leaders' Meeting in San Francisco.
HK SAR Exchange Fund (HK MAS) / Hong Kong Investment Corporation [c] 576 Non-commodity Qatar: Qatar Investment Authority: 450: Oil & Gas Australia: Future Fund / Queensland Investment Corporation / Victorian Funds Management Corporation / New South Wales Treasury Corporation: 357: Non-commodity United States: United States sovereign wealth fund ...
As president, Marcos signed into law the creation of the Maharlika Investment Fund, the first sovereign wealth fund of the Philippines. [3] Under his term, the Philippines ratified the RCEP in February, and entered into force in June 2023. [4] [5] Marcos also went on many foreign trips in hopes to attract more foreign investments in the country.
The Private Sector Advisory Council (PSAC) is a Philippine government advisory council that offers guidance to the President of the Philippines in supporting the achievement of the country's economic objectives.
Maharlika Charity Foundation, an organization based in Davao City; Maharlika Investment Fund, a sovereign wealth fund; Maharlika Nation, self-proclaimed nation based in Socorro, Surigao del Norte; Maharlika (film), 1987 Philippine war film