A CO-INVESTMENT between the Maharlika Investment Corporation (MIC) and state-run pension funds in large-scale utility projects is still on the table, according to its top official. MIC President and Chief Executive Officer Rafael Consing Jr. told the BusinessMirror on Sunday that the MIC can collaborate with the Social Security System…
Maharlika to boost grid development, stabilize Palawan power businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.
Foreigners not allowed to sit on Maharlika board — DOJ philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
MIC President Consing endorses investment in NGCP proposed by House Speaker Romualdez, citing its crucial role in the country's power system. The move aims to lower energy costs, improve reliability, and foster public-private partnerships for sustainable development. However, Consing emphasizes the need for careful consideration and transparency in the investment process. Investing in NGCP through MIC is seen as a bold step towards securing energy independence and economic prosperity for the Philippines. (Source: SunStar Philippines)