Creating wealth
After its initial start got suspended, the stage is now set for the much-vaunted Maharlika Investment Fund (MIF) to finally take off. This developed following the release last week of the implementing rules and regulations (IRR) that were revised upon the imprimatur of President Ferdinand “Bongbong” Marcos Jr. (PBBM). And on Monday, PBBM officially named his adviser on economic and investment affairs as president and chief executive officer (CEO) of the Maharlika Investment Corporation (MIC).