RIYADH: President Ferdinand Marcos Jr. continued his push for the Maharlika Investment Fund (MIF) in Saudi Arabia, saying the Philippines is looking forward to benefiting 'from the Kingdom's extensive experience in managing such funds.'
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.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Marcos pushes Maharlika Investment Fund in Saudi ArabiaPresident Ferdinand 'Bongbong' Marcos Jr. on Thursday pushed for the Maharlika Investment Fund among business leaders in Saudi Arabia.
Baca lebih lajut »
Roundtable Meeting with Saudi Business Leaders Riyadh, Kingdom of Saudi Arabia October 19, 2023Roundtable Meeting with Saudi Business Leaders Riyadh, Kingdom of Saudi Arabia October 19, 2023
Baca lebih lajut »
Marcos suspends Maharlika fund implementation, says it needs further review' directed the Treasurer to suspend implementation of the IRR, pending further study,' Developement Bank of the Philippines CEO Michael de Jesus tells Rappler on Wednesday, October 18
Baca lebih lajut »
Marcos suspends Maharlika fund implementation — PalacePRESIDENT Ferdinand Marcos Jr. suspended the implementation of the Maharlika Investment Fund (MIF) this year pending further study, Malacañang announced on Wednesday.
Baca lebih lajut »
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).
Baca lebih lajut »
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.
Baca lebih lajut »