There is good wisdom in the speedy passage of HB No. 6608 seeking to establish the country’s first sovereign wealth fund, according to House Speaker Ferdinand Martin Romualdez, as it now attracts attention at the World Economic Forum. | GabrielLaluINQ
Romualdez said on Wednesday that the passage of the proposed Maharlika Investment Fund allowed President Ferdinand “Bongbong” Marcos Jr., who is in Davos, Switzerland, for the WEF, to showcase to the world how the said SWF would work.“The swift passage of House Bill No.
Romualdez said that House Bill No. 6608 is not only a product of its supporters but also of the opposition bloc, who introduced several changes and safeguards against corruption to the proposed measure.
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Romualdez: PH can lure investments at WEF despite possible global slowdownPresident Ferdinand Marcos Jr. can attract investments at the World Economic Forum by dangling the strong economic standing of the Philippines and Southeast Asia even with fears of a possible global economic slowdown. | GabrielLaluINQ
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Romualdez reacts to PBBM's investment pitch at WEFHouse Speaker Martin Romualdez thinks that President Ferdinand “Bongbong” Marcos Jr.’s participation at the ongoing 2023 World Economic Forum (WEF) in Davos, Switzerland is off an “auspicious start”.
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'Timely' for Marcos to woo investors at WEF; Romualdez explains whyThe timing is right for President Ferdinand “Bongbong” Marcos Jr. to woo investors to the Philippines during his ongoing participation in the World Economic Forum (WEF).
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Marcos off to ‘auspicious start’ at WEF, bodes well for PH — RomualdezThe good start for President Ferdinand Marcos Jr. at the World Economic Forum is “auspicious” and would bode well for the country, House of Representatives Speaker Ferdinand Martin Romualdez said. | GabrielLaluINQ
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![[B-SIDE Podcast] More red flags raised by the Maharlika Investment Fund - BusinessWorld Online](https://i.headtopics.com/images/2023/1/16/bworldph/b-side-podcast-more-red-flags-raised-by-the-maharl-b-side-podcast-more-red-flags-raised-by-the-maharl-1615004698934902786.webp?w=640)
[B-SIDE Podcast] More red flags raised by the Maharlika Investment Fund - BusinessWorld OnlineFollow us on Spotify BusinessWorld B-Side The current version of House Bill (HB) No. 6608, or the bill seeking to establish the Maharlika Investment Fund (MIF), still raises red flags, says Enrico P. Villanueva, a chief risk consultant and a senior lecturer of economics at the University of the Philippines Los Baños. In this B-Side episode, he tells BusinessWorld reporter […]
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More red flags raised by the Maharlika Investment FundListen to this episode from BusinessWorld B-Side on Spotify. The current version of House Bill (HB) No. 6608, or the bill seeking to establish the Maharlika Investment Fund (MIF), still raises red flags, says Enrico P. Villanueva, a chief risk consultant and a senior lecturer of economics at the University of the Philippines Los Baños. In this B-Side episode, he tells BusinessWorld reporter Keisha B. Ta-asan that the MIF will weaken the Bangko Sentral ng Pilipinas (BSP) and other government banks. “BSP is not supposed to dabble in private enterprises … BSP cannot invest in development financing,” Mr. Villanueva says, adding that the MIF resurrects the ghost of what happened to the Central Bank, which had to be dissolved after being bankrupted. “Haven’t we learned from the experience?” Recorded remotely in December 2022. Produced by Joseph Emmanuel L. Garcia and Sam L. Marcelo.
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