Maharlika still flawed after pensions ruled out as funders bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
By Ma. Stella F. Arnaldo / Special to the BusinessMirror CONCERNED Filipinos are adding their voices to economists and Philippine officials, who have expressed their opposition to the proposed legislation, creating a P250-billion sovereign wealth fund, now being rushed for approval in the House of Representatives. A petition on Change.org…
The proposed Philippine sovereign wealth fund (SWF) gained the backing of several top-performing government financial institutions (GFIs) when the measure was tackled Tuesday, Nov. 29 by the House Committee on Banks and Financial Intermediaries.
(Mari Gimenez/ Unsplash)
The measure, Ho
Romualdez files bill creating sovereign wealth fund - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
House Speaker Martin Romualdez has filed a bill pushing for the creation of a sovereign wealth fund (SWFs) that will improve investment opportunities for Filipinos.
House Speaker Martin Romualdez (Photo from House of Representatives via Twitter)
House Bill (HB) No. 6398, if enacted, would esta